Bella Collina Community Development District

Agenda November 13, 2025

Agenda

Bella Collina
Community Development District

219 E. Livingston Street, Orlando FL, 32801 Phone: 407-841-5524 – Fax: 407-839-1526
REVISED AGENDA
November 6, 2025 Board of Supervisors
Bella Collina Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Bella Collina Community Development District will be held Thursday, November 13, 2025 at 10:00 a.m. at the Siena at Bella Collina, 16300 County Road 455, Montverde, Florida. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Approval of Minutes of the September 11, 2025 Meeting
Consideration of Change Order No. 1 with The Colinas Group
Discussion and Consideration of Reimbursement To DCS Real Estate Investments Related to Residential Irrigation System Project
Consideration of Resolution 2026-01 Amending the Fiscal Year 2025 Budget
Consideration of Agreement with DiBartolomeo, McBee, Hartley & Barnes, P.A. to Provide Auditing Services for the Fiscal Year 2025
Ratification of Series 2024 Requisitions #44 - #46 and Consideration of Requisitions #47 -
#48
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
SBA Florida PRIME Monthly Summary Report
Field Manager’s Report
Consideration of Proposal from B. Covell Automation & Design Service for Equipment Upgrades - Added
Other Business
Supervisor’s Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

George S. Flint
George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel Steve Boyd, District Engineer
Paul Simonson, DCS Real Estate Investments Enclosures

Minutes

MINUTES OF MEETING BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Bella Collina Community Development District was held on Thursday, September 11, 2025, at 10:00 a.m. at the Bella Collina Clubhouse, 16350 Vetta Drive, Montverde, Florida.

Present and constituting a quorum were:

Randall Greene	Chairman
David Burman	Vice Chairman
Duane “Rocky” Owen	Assistant Secretary
Andy Gorrill	Assistant Secretary
Rick Scharich by phone	Assistant Secretary Also present were:
George Flint	District Manager
Jay Lazarovich	District Counsel
Steve Boyd	District Engineer
Robert Szozda	Field Manager
Tara Hollis	Willdan Financial

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order. We have four Board members here and one on the phone, and we have a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: There are no members of the public other than Board members and staff here.

THIRD ORDER OF BUSINESS	Approval of Minutes of the August 14,
2025 Meeting
Mr. Flint: So we’ll move on to approval of the minutes from August 14th. Did the Board have any comments, corrections, or changes to those minutes? If not we would ask for a motion to approve those.

On MOTION by Mr. Burman, seconded by Mr. Greene, with all in favor, the Minutes of the August 14, 2025 Meeting were approved, as presented.

FOURTH ORDER OF BUSINESS	Public Hearing
Mr. Flint: Next is the rule and rate hearing to consider adoption of the District's rates and approval and adoption of the policy manual. At the last meeting our rate consultant presented the draft rate study. You all authorized staff to advertise, and you set the rate hearing for today. We placed the two required notices in the newspaper 29 and 28 days in advance of today. Is there a motion to open the hearing?

On MOTION by Mr. Greene, seconded by Mr. Owen, with all in favor, the Public Hearing, was opened.

Mr. Flint: The public hearing is open. We do have our rate consultant here. Ms. Tara Hollis did make a presentation at the last meeting. There’s only been some minor changes since that presentation was made. In light of the fact that there are no members of the public here, we could forego another presentation. But Ms. Hollis could just briefly describe what changes have been made since the last version you saw, Tara?
Ms. Hollis: Sure. Basically, the change that was made is we have block allowances on the new irrigation system. For the three-quarter-acre lot to the less than the acre lot, we increased that block allowance to 23,000 gallons. It was 22,000 gallons per month. That was based on a recommendation by Jim Boyd to your engineer and based on the allowances and the requests that he had included in the consumptive use permit. That’s really the only adjustment that’s been made is adding that additional thousand gallons in block two for those. That’s going to be on the Pine Island side. They have the three different lot sizes that we look at, and we have allowances for the three different lot sizes. That again, is for the greater than three-quarter-acre, less than acre lot. And that’s really the only adjustment that was made since we talked about it.
Mr. Flint: Yeah. Our recommendation would be to make the effective date of the new rates December 1st. So the first bill that would go out with the new rates would basically be in the beginning of January, which would be for the month of December. That would allow us time to do a town hall meeting. We’re drafting some correspondence to the customers that are exceeding their usage, giving them a heads up. We want some time to do a little education before we implement

the actual rates. I’m thinking that January 1st, December 1st for an effective date would be better at this point, considering the timing.
Consideration of Resolution 2025-11 Adopting Rate Structure for Wholesale Water and Wastewater and Amending the Water and Wastewater Utilities Policy Manual Mr. Flint: The other issue is in our revisions to the policy manual. We had a provision in
the policy manual that allowed the rates to be adjusted annually based on the Public Service Commission’s index, basically for inflation. We want to make sure we have the ability going forward to do that automatic inflationary adjustment. We would ask when you approve the policy manual subject to incorporation of that language. Our rate study on the pro forma assumes a 3.5% increase, inflationary increase each month. We’re not a private utility, but the Florida Public Service Commission regulates private water and sewer and they also regulate electric providers. They put out an index every year that represents the inflationary impacts on water and sewer. It’s a little more exact than just using a CPI index. It was in your current rules. I think it may have gotten dropped off when we made the revisions and updated the rate schedule. I just want to make sure the Board’s motion contemplates that remain in the policy manual. Tara included a 3.5% a year adjustment. The PSC index is probably slightly less than that it has been over the last few years, but it’s between 3 and 3.5% a year, or 2025, it was 3.24 is what you ended up. That gives us the ability to automatically adjust without having to hold a rate hearing every year to do an inflation adjustment. The other thing that you recall is this rate study really has two pieces to it. One is adjusting based on the current provision of irrigation, basically using critical water. Then it assumes by next July that the surface water irrigation system will be operational. At that point, there will be another adjustment to the rate structure, taking into account the fact that we’re at that point going to be using surface water in lieu of treated water. So, when you’re approving this, you’re approving two changes. One would be the change that would go into effect December 1st under the current arrangement. Then you’re also approving the rate change that would go into effect next July 1st. We don’t have any members of the public here to provide comments. So, the motion would be to approve Resolution 2025-11 with an effective date of December 1 for the rate changes and also keeping the PSC inflationary adjustment in the policy.

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, Resolution 2025-11, Adopting Rate Structure for Wholesale Water and Wastewater and Amending the Water and Wastewater Utilities Policy Manual was approved.

Mr. Flint: Is there a motion to close the public hearing?

On MOTION by Mr. Greene, seconded by Mr. Owen with all in favor, the Public Hearing, was closed.

FIFTH ORDER OF BUSINESS	Consideration of Agreements for Utility
Related Services
RCM Utilities, LLC
Utility Repair Experts
Mr. Flint: Item five is consideration of agreements for utility related services. We have three primary vendors. One is General Utilities, which operates the plants, the two water plants and the wastewater plant. Our agreements go back, you know, many years. The General Utilities one is probably 20 years old. We want to go back and make sure we have a current agreement in place that has all the legal protections that we would normally have in a contract. So we’ll be bringing the General Utilities back at a future meeting. The two you have in here, one is RCM Utilities and the other is Utility Repair Experts. These are the two companies that we use for the distribution and collection systems, the grinder stations, setting water meters, repairs to water and wastewater and irrigation lines, all the non-plant related activities. RCM has historically been the provider of all of those services. However, we’ve started using Utility Repair Experts a little bit, so we have some backup. We have another provider that keeps everybody honest and also gives us a little more capacity. Rob, do you want to just cover the general intent of those agreements?
Mr. Szozda: Yeah. Basically the agreement is for repetitive services and things that are under $5,000. We have to go through the big process and it makes the individuals provide us a unit rate. It also brings in the agreement and all the requirements of the agreement make sure they have the right insurances, workman’s compensation, liability insurance, and things of that nature. I think that’s the mainstay. But it hits all the repetitive, it mentions all the repetitive activities including responding to grinder alarms, PMS on grinder stations, fixing leaks, all those things like that. And then also gives us provision for me to basically acquire services for estimates below $5,000.

Mr. Lazarovich: This just kind of ties in all of our typical indemnification and insurance language. Each agreement is good for a year, so we just look for an extension each September for a new agreement.
Mr. Szozda: The other thing it does, it makes them provide their unit rate of labor for both regular time and overtime. That way, when they provide an invoice, we can keep them accountable for their activities.

On MOTION by Mr. Greene, seconded by Mr. Owen, with all in favor, the Agreements for Utility Related Services, were approved.

SIXTH ORDER OF BUSINESS	Consideration of Series 2024 Requisitions
#41 – #43
Mr. Flint: Item six is requisitions #41, #42 and #43. These were all signed. These are for the Series 2024 bonds which were issued to fund the construction of the surface water residential irrigation system. It looks like we have these for approval, not ratification. #41 is for Boyd Environmental Engineering. This is for engineering services related to the irrigation system. Jim Boyd is the primary design engineer managing that project. #42 is for Thompson Well and Pump for $ 59,327.50, per their contract. The next requisition #43 is for The Colinas Group. That’s for
$4,242. They’re doing the well construction and testing oversight. We’re going to need to bring back a change order for The Colinas Group because as you remember, the wells had to be dug deeper. There’s been some additional services. The project has been extended, and so their cost is exceeding their original contract. Jim Boyd has reviewed this. He’s approved it for payment. But we will need to bring back a change order to clean up the original grant. There is adequate funding in the contingency and in the budget for this, so we’re not concerned about it impacting the financial viability of the project. Any questions on the three requisitions? Is there a motion to approve them?

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, Series 2024 Requisitions #41 - #43 were approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Lazarovich: I don’t have any updates on the Board this month unless you guys have any questions to me.

Engineer
Mr. Flint: Steve, do you have an update for the Board?
Mr. Boyd: Just to report that we’re nearing completion of our review and analysis of the drainage situation. But I did want to come back out and look at the ground conditions in a few areas. We’ll have a report, if not by the end of next week, something will be out the following week. There’ll be a full report.
Mr. Flint: Okay. For the Board’s benefit, was the storm like two weeks ago? We had a significant rain event and we need to look into. I don’t know what the closest rain gauge is.
Mr. Boyd: There’s one closer to the Town of Montverde, which I’m relying on right now.
Mr. Flint: Yeah, we need to determine what level of storm it was. But there’s two areas that we had. One was on Volterra, which is at the bottom of a hill, and then the other was on Veda, which again is at the bottom of the hill, I believe. And in both of those areas, we had standing water. The system recovered within a period of time, but the amount of water that accumulated was significant. There’s been an issue on Volterra in the past, and so Steve is looking at both of those areas. We did have a claim related to the vetted drive issue where the homeowner attempted to drive through the water with their BMW and the car stalled out, had to be towed to the dealer. We’ve referred that to the CDD’s insurer because the CDD owns the stormwater system. It’ll be up to the insurer and their claims adjuster how they’re going to handle that. I don’t know if the individual also reported it to their own insurance, but typically we turn that over to our insurer and they deal with it. We don’t really have much involvement.
District Manager’s Report
Approval of Check Register
Mr. Flint: District Manager’s Report. You have the check register for the general fund, water sewer, the water sewer reserve fund, and the Board compensation. Those are for the month of August. They total $126,218.33.

On MOTION by Mr. Gorrill, seconded by Mr. Greene, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint: And then you have the unaudited financials through the end of August. If the Board has any questions, we can discuss those. There’s no action required.

SBA Florida PRIME Monthly Summary Report
Mr. Flint: For information purposes, we have the SBA monthly report. That’s the investment pool that’s operated by the Governor that the District invests its funds.

Field Managers Report
Consideration of Air Relief Valve (ARV) Installation Proposals – ADDED
RCM Utilities
Utility Repair Experts
Mr. Flint: Under Field Manager’s Report. Rob, you have a report? Then we have some proposals that we added to the agenda that are on your iPad.
Mr. Szozda: We covered most of the big items that have happened over since the last meeting. I’m going to focus on the source system and the need to install additional ARBs. I think I may have even mentioned this last meeting. Jim Boyd’s group did a pressure study of the entire loop around Pendio and Vetta drive to see where the system was basically heading. If you remember last year we did a bunch of flushing went and got all the ARBs on the current system. We had them, we did a maintenance and so they came through. Some were valved off, saw good progress and then we’re seeing pressure steadily built back into the system. As a result of that pressure study Jim has recommended the addition of 17 more ARBs on the system. Last year we did all the flushing with Bolsena up to Pendio and then as it heads off to the sewer plant has been the mainstay of the issues for grinder alarms. Even last week we had two more stators burn up. Stators are generally a reflection of a pressure issue. If it’s low pressure they’ll work for a very long time. To get this going we did the main the ARBs that have been suggested along Bolsena and Pendio up to there’s seven of them. And our process was we sent out the bid to two companies Utility Repair Experts and RCM got bids. They were very close. RCM being our main provider of 24-hour services they’re a little bit more expensive just naturally they’ve got a large staff, they get benefits. So the decision was to basically break up to the take the bids for the seven take the lowest prices of the seven between the two and award net method. So four will be going to this one.
Mr. Flint: Was there a reason RCM got it?
Mr. Szozda: Because we didn’t give all four. Yeah.
Mr. Flint: So, one of one of them RCM was higher than Utility Experts but we gave RCM 4 and then Utility Experts the rest.

Mr. Szozda: We’re trying to bring up capabilities so that we can rely on if something were to happen RCM drop off the earth. We have somebody as a stopgap measure. So, the proposal is to take that’s most cost effective between the two companies and that’s what’s proposed.
Mr. Flint: And this was budgeted in FY26 which starts on October 1. So if the Board approves it we would make these agreements effective October 1st. We’ll do it after the start of the fiscal year. That’ll go against the FY26 budget, where we do have that budgeted.

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, the Air Relief Valve (ARV) Installation Proposals were approved.

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

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

TENTH ORDER OF BUSINESS	Adjournment
Mr. Flint: Is there a motion to adjourn the meeting?

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

CHANGE ORDER No. 1
Dated   October 6, 2025	

OWNER:  Bella Collina Community Development District	 ENGINEER:  Boyd Environmental Engineering, Inc.	
PROJECT:  Bella Collina Irrigation Wells	 AGREEMENT EFFECTIVE DATE:  4/18/2023 (Original Contract); 11/12/2024 (Assigned Contract)	

CONTRACTOR:  The Colinas Group, Inc.	 NOTICE TO PROCEED DATE: 4/18/2023 (Original Contract); 11/12/2024 (Assigned Contract)

To:  The Colinas Group, Inc.		 (CONTRACTOR)
You are directed to make the changes described below:

Bella Collina Community Development District (OWNER)

BY
Randall Greene Chairperson

DATED		

Description of Changes:

1.	Provide additional well construction oversight and testing services associated with the deepening of Bella Collina Irrigation Wells #6, #7, #14, #15 and #17. Total fee for additional services =
$14,107.13 (see attached invoice summary).

These changes result in the following adjustments of Contract Price and Contract Time:

Contract Price Prior to this Change Order		$ 21,724.29	

Net Increase Resulting from this Change Order		$ 14,107.13	

Current Contract Price Including this Change Order		$ 35,831.42	
Contract Time Prior to this Change Order		18 (Months)	

Net Increase Resulting from this Change Order		12 (Months)	

Final Completion Date Including this Change Order		October 3, 2025	 (Date)

The Above Changes are Approved:	Boyd Environmental Engineering, Inc. (ENGINEER)

BY
James C. Boyd, P.E.

DATED 	

The Above Changes are Accepted:	The Colinas Group, Inc. (CONTRACTOR)

BY 		 Robert Oros, Vice President
DATED 	

BC Irrigation Wells - TCG Invoice Summary - Contract Budget = $21,724.29	

No.	
Date	
Amount	Cumulative	
			Amount	
1	5/8/23	$453.23	$453.23	
2	8/9/24	$3,413.26	$3,866.49	
3	9/23/24	$1,769.62	$5,636.11	
4	12/13/24	$6,555.31	$12,191.42	
5	2/20/25	$3,661.50	$15,852.92	
6	5/20/25	$6,252.90	$22,105.82	
7	7/28/2025	$3,136.40	$25,242.22	
8	9/5/2025	$4,242.00	$29,484.22	
9	10/3/2025	$6,347.20	$35,831.42	
Exceedance Due to Additional Construction Oversight	$14,107.13	

Section V

Bella Collina Community Development District (CDD)
Reimbursement Analysis of Residential Irrigation System - Boyd Environmental Engineering, Inc. As of October 4, 2024

Total Due to DCS Real Estate Investments, LLC From CDD

 $	3,841,115.96 

Engineer Confirmation and Revisions

Vendor / Contractor	Confirmed
Amount	
Boyd Environmental Engineering, Inc.	$	526,632.50	
American Survey & Mapping, Inc.	$	40,311.76	
EMI Consulting Specialties, Inc.	$	1,849.00	
Devo Seereeram, PHD, PE, LLC	$	24,740.00	
The Colinas Group, Inc.	$	5,636.11	
Subtotal Professional Services	$	599,169.37	
DPR Excavation	$	158,077.92	
Carr and Collier, Inc.	$	1,303,337.00	
Duke Energy	$	191,990.70	
RCM Utilities, LLC	$	14,425.00	
Gorrill Management LLC	$	73,055.83	
Thompson Well & Pump, Inc.	$	608,558.14	
Watertronics, LLC	$	892,502.00	
Subtotal Contractors	$	3,241,946.59	
Total Confirmed (Before Deductions)	$	3,841,115.96	

	Deduct Ineligible Duke Energy Asset Values (see Note 1)	

	Adjusted	Adjusted	Adjusted	Assumed	Assumed	
	Estimated	Estimated	Estimated	Estimated	Estimated	
		Estimated	Estimated	Estimated	Discount	Labor	Material	Total	Eligible	Ineligible	
	Invoice	Labor Cost	Material Cost	Total Cost	Factor	Cost	Cost	Cost	Cost	Cost	
Duke Energy Invoice No.	Amount	(See Note 2)	(See Note 2)	(See Note 2)	(See Note 3)	(See Note 3)	(See Note 3)	(See Note 3)	(See Note 4)	(See Note 5)	
F4125292201	$79,363.70	$30,673.71	$46,034.05	$76,707.76	1.035	$31,735.76	$47,627.94	$79,363.70	$37,034.21	$42,329.49	
F4501517001	$8,818.13	$7,274.14	$11,267.59	$18,541.73	0.476	$3,459.46	$5,358.67	$8,818.13	$4,092.66	$4,725.47	
F4141932201	$23,643.22	$14,366.03	$19,814.79	$34,180.82	0.692	$9,937.13	$13,706.09	$23,643.22	$11,193.70	$12,449.52	
F4141926401	$27,201.18	$15,792.45	$21,198.11	$36,990.56	0.735	$11,613.05	$15,588.13	$27,201.18	$12,938.34	$14,262.84	
F4393825201	$31,156.87	$17,501.59	$22,032.05	$39,533.64	0.788	$13,793.18	$17,363.69	$31,156.87	$14,983.59	$16,173.28	
F4616482201	$11,906.46	$5,830.74	$13,903.85	$19,734.59	0.603	$3,517.86	$8,388.60	$11,906.46	$5,141.76	$6,764.70	
F4125292202 (See Note 6)	$3,872.00	NA	NA	NA	NA	NA	NA	NA	$3,872.00	0	
F5380635501 (See Note 7)	$6,029.14	NA	NA	NA	NA	NA	NA	NA	0	$6,029.14	
Total	$191,990.70							Totals	$89,256.26	$102,734.44	

Total Ineligible Costs Associated with Duke Energy Improvements	$109,734.44

RCM Utilities Invoice No. 8082 (See Note 8)	$7,000.00

Total Due to DCS Real Estate Investments, LLC From CDD	$	3,731,381.52	

Notes
The only eligible reimbursable costs associated with the Duke Energy assets are the costs to install facilities underground. These costs would include underground conduit material (not wire) and associated installation labor.
For most invoices, Duke Energy provided an estimate of the labor cost and the material cost. The material cost estimate did not include a breakdown between conduit and wire. The estimated total cost is the sum of labor and material cost estimates.
The actual invoice amount differs from the estimated total cost. Accordingly, the discount factor is calculated by dividing the actual invoice amount by the total estimated cost. This discount factor is applied to the estimated labor and material costs to obtain corresponding adjusted costs.
It is assumed that 2/3 of the labor cost and 1/3 of the material cost is associated with the installation of facilities underground. Hence, the associated costs are assumed to be eligible for reimbursement.
It is assumed that 1/3 of the labor cost and 2/3 of the material cost is associated with the installation of wire and above ground facilities (transformers and transformer pads). Hence, the associated costs are assumed to be ineligible for reimbursement.
Invoice No. F4125292202 covers the cost of soft digs for the four irrigation well locations. Since this work is associated with the installation of underground conduit, it is 100% eligible for reimbursement.
Invoice No. F5380635501 covers the installation of a new transformer which will serve irrigation wells #15 and #17. This is a 100% above ground improvement which is ineligible for reimbursement.
RCM Utilities Invoice No. 8082 covers the cost of the above ground transformer support pads. This is a 100% above ground improvement which is ineligible for reimbursement.

Section VI

RESOLUTION 2026-01

A RESOLUTION AMENDING THE BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND, SERIES 2004 DEBT SERVICE FUND, AND WATER & SEWER FUND BUDGETS FOR FISCAL YEAR 2025

WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Bella Collina Community Development District, hereinafter referred to as the “District”, adopted a General Fund, Series 2004 Debt Service Fund, and Water & Sewer Fund Budgets for the Fiscal Year 2025, and

WHEREAS, the Board desires to amend the budgeted revenues and expenditures approved for Fiscal Year 2025.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT THE FOLLOWING:

The General Fund, Series 2004 Debt Service Fund, and Water & Sewer Fund Budgets for Fiscal Year 2025 are hereby amended in accordance with Exhibit “A” attached.

This resolution shall become effective this 13th day of November, 2025 and be reflected in the monthly and Fiscal Year End 9/30/2025 Financial Statements and Audit Report of the District.

Adopted this 13th day of November, 2025.

Chairman/Vice Chairman

Secretary/Assistant Secretary

Bella Collina
Community Development District

Amended Budget FY2025

Table of Contents

1-2		General Fund

3		Debt Service Fund Series 2004

	Water & Sewer Fund

Bella Collina
Community Development District Amended Budget
FY2025
General Fund

Adopted
Budget	
Increase/	Amended
Budget	Actuals
Thru	
FY2025	(Decrease)	FY2025	9/30/25	

Revenues:		
Special Assessments	$	200,649	$	-	$	200,649	$	202,965	
Interest	3,000	2,706	5,706	5,706	
Carry Forward Surplus	-	23,269	23,269	-	
Total Revenues	$	203,649	$	25,975	$	229,624	$	208,671	

Expenditures:					
Administrative:					
Supervisor Fees	$	6,000	$	3,600	$	9,600	$	9,600	
FICA Expense	459	275	734	734	
Engineering Fees	8,000	4,500	12,500	12,268	
Attorney	10,000	12,500	22,500	22,334	
Arbitrage	600	-	600	600	
Dissemination	6,150	500	6,650	6,650	
Annual Audit	2,713	-	2,713	2,625	
Trustee Fees	7,000	-	7,000	3,500	
Assessment Administration	6,750	-	6,750	6,750	
Management Fees	58,369	-	58,369	58,369	
Information Technology	1,890	-	1,890	1,890	
Website Maintenance	1,260	-	1,260	1,260	
Telephone	100	-	100	-	
Postage	1,500	-	1,500	872	
Printing & Binding	1,000	-	1,000	66	
Insurance	10,000	-	10,000	9,921	
Legal Advertising	1,500	4,600	6,100	6,065	
Other Current Charges	487	-	487	155	
Office Supplies	200	-	200	65	
Dues, Licenses & Subscriptions	175	-	175	175	
Total Administrative:	$	124,153	$	25,975	$	150,128	$	143,899	
Operations & Maintenance					
Field Management	$	25,660	$	-	$	25,660	$	25,660	
Pond Maintenance	36,498	-	36,498	36,498	
Stormwater Repairs & Maintenance	10,000	-	10,000	5,811	
Total Operations & Maintenance:	$	72,158	$	-	$	72,158	$	67,969	
Reserves					
Capital Reserve Transfer	$	7,338	$	-	$	7,338	$	7,338	
Total Reserves	$	7,338	$	-	$	7,338	$	7,338	
					
Total Expenditures	$	203,649	$	25,975	$	229,624	$	219,205	
					
Excess Revenues (Expenditures)	$	-	$	(0)	$	(0)	$	(10,534)	

Net Assessment	$200,649	
Collection Cost (6%)	$12,807	
Gross Assessment	$213,457	

1

Bella Collina
Community Development District

Gross Per Unit Assessment Chart

	FY2025		

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	91	90.80	4.78%	$10,170	$112	
Single-Family	2.00	866	1732.00	91.26%	$194,850	$225	
Condo's	0.75	100	74.99	3.95%	$8,437	$84	
Water & Sewer Standby Fees	----	436	----	----	$85,020	$195	
			1897.79	100.00%	$298,477		

FY2024					

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	96	96.00	5.27%	$10,780	$112	
Single-Family	2.00	826	1652.00	90.62%	$185,500	$225	
Condo's	0.75	100	75.00	4.11%	$8,422	$84	
Water & Sewer Standby Fees	----	456	----	----	$88,920	$195	
			1823.00	100.00%	$293,621		

2

Community Development District Amended Budget
FY2025
Debt Service Fund Series 2004

Adopted
Budget	
Increase/	Amended
Budget	Actuals
Thru	
FY2025	(Decrease)	FY2025	9/30/25	

Revenues:		
Special Assessments	$	1,269,901	$	-	$	1,269,901	$	1,284,575	
Interest	75,000	-	75,000	58,742	
Carry Forward Surplus 1	1,096,654	145,000	1,241,654	1,251,297	
Total Revenues	$	2,441,555	$	145,000	$	2,586,555	$	2,594,614	

Expenditures:					
Series 2004					
Interest - 11/01	$	321,138	$	-	$	321,138	$	321,138	
Special Call - 11/01	830,000	40,000	870,000	870,000	
Principal - 05/01	695,000	55,000	750,000	750,000	
Interest - 05/01	297,275	-	297,275	296,125	
Special Call - 05/01	-	50,000	50,000	50,000	
Total Expenditures	$	2,143,413	$	145,000	$	2,288,413	$	2,287,263	
					
Excess Revenues (Expenditures)	$	298,143	$	-	$	298,143	$	307,352	

1 Carry forward surplus is net of Reserves					
			Interest - 11/1/2025	$277,294	
			Total	$277,294	
			
Net Assessment	
$1,269,901	
			Collection Cost (6%)	$81,058	
			Gross Assessment	$1,350,959	

Property Type	
EAU	
Units	Total EAU	% of EAU	Total Assessments	Per Unit
Gross Assessments	
Commercial	1.00	90.8	90.80	4.98%	$67,296	$741	
Single Family	2.00	866	1732.00	95.02%	$1,283,663	$1,482	
Total			1822.80	100.00%	$1,350,959		

Community Development District Amended Budget
FY2025
Water & Sewer Fund

Adopted
Budget	
Increase/	Amended
Budget	Actuals
Thru	
FY2025	(Decrease)	FY2025	9/30/25	

Revenues:		
Water Utility Revenue
Monthly Potable Water Consumption	
$	223,600	
$	37,600	
$	261,200	
$	261,152	
Monthly Wastewater Consumption	347,150	70,000	417,150	416,965	
Monthly Irrigation Consumption	588,400	109,750	698,150	698,052	
Special Assessments	79,919	-	79,919	80,285	
Miscellaneous Revenue	50,000	26,400	76,400	76,386	
Interest	18,000	21,000	39,000	38,913	
Total Revenues	$	1,307,069	$	264,750	$	1,571,819	$	1,571,753	
Expenditures:					
Administrative:					
Engineering Fees	$	75,000	$	53,100	$	128,100	$	128,020	
Attorney	15,500	(10,500)	5,000	-	
Annual Audit	2,713	-	2,713	2,625	
Management Fees	16,677	-	16,677	16,677	
Information Technology	1,260	-	1,260	1,260	
Postage	2,250	500	2,750	2,707	
Printing & Binding	350	-	350	202	
Other Current Charges	600	650	1,250	1,217	
Office Supplies	750	-	750	496	
Dues, Licenses & Subscriptions	5,300	-	5,300	3,000	
Rate Study	-	3,100	3,100	3,020	
Total Administrative:	$	120,400	$	46,850	$	167,250	$	159,224	

Community Development District Amended Budget
FY2025
Water & Sewer Fund

Adopted
Budget	
Increase/	Amended
Budget	Actuals
Thru	
FY2025	(Decrease)	FY2025	9/30/25	

Operations & Maintenance		
Field Management	$	50,000	$	-	$	50,000	$	50,000	
Property Insurance	42,500	4,000	46,500	46,444	
Telephone	6,426	675	7,101	7,088	
Electric	70,000	4,000	74,000	73,944	
Trash Removal	5,630	-	5,630	5,331	
Landscape Maintenance	10,902	-	10,902	10,902	
Pond Maintenance	1,400	-	1,400	1,296	
Repairs & Maintenance	140,000	60,000	200,000	195,506	
Repairs & Maintenance - Grinder Pumps	70,000	205,000	275,000	270,170	
Grinder Pump Preventative Maintenance	40,000	-	40,000	34,717	
Water Plant Services (General Utilities)	65,000	(25,000)	40,000	38,901	
Wastewater Plant Services (General Utilities)	110,000	-	110,000	104,051	
Irrigation Plant Services (General Utilities)	31,200	(31,200)	-	-	
Sludge Disposal	15,000	(15,000)	-	-	
Contractual Services	50,000	-	50,000	50,000	
Fuel Expense	4,575	3,000	7,575	7,446	
Wastewater Testing & Analysis	25,000	-	25,000	22,343	
Operating Systems Maintenance	12,100	4,250	16,350	16,301	
Generator Maintenance	5,000	6,400	11,400	11,368	
Lighting	10,000	(7,725)	2,275	-	
Operating Supplies	1,500	9,500	11,000	10,982	
Total Operations & Maintenance:	$	766,233	$	217,900	$	984,133	$	956,788	
Reserves					
Capital Reserve Transfer	$	420,436	$	-	$	420,436	$	420,436	
Total Reserves	$	420,436	$	-	$	420,436	$	420,436	
					
Total Expenditures	$	1,307,069	$	264,750	$	1,571,819	$	1,536,448	
					
Excess Revenues (Expenditures)	$	-	$	-	$	-	$	35,305	
			
Net Assessment	
$79,919	
			Collection Cost (6%)	$5,101	
			Gross Assessment	$85,020	
				
436	
				$195	

Section VII

DMHB

DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS

October 27, 2025
Bella Collina Community Development District Board of Supervisors
We are pleased to confirm our understanding of the services we are to provide Bella Collina Community Development District, (“the District”) for the fiscal year ended September 30, 2025 and with an option for additional annual renewals. This letter serves to renew our agreement and establish the terms and fee for the 2025 audit.
Audit Scope and Objectives
We will audit the financial statements of the governmental activities, the aggregate discretely presented component units, each major fund (general fund, debt service fund, capital projects fund), and the aggregate remaining fund information, and the disclosures, which collectively comprise the basic financial statements of the District as of and for the year ended September 30, 2025. In addition, we will examine 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. Accounting standards generally accepted in the United States of America (GAAP) 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 (GAAS). 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 appropriate evidence to express an opinion or provide any assurance. The following RSI is required by GAAP and will be subjected to certain limited procedures, but will not be audited.
Management’s Discussion and Analysis
Budgetary comparison schedule
The objectives of our audit are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error; issue an auditor’s report that includes our opinion about whether your financial statements are fairly presented, in all material respects, in conformity with GAAP; and 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. 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. Misstatements, including omissions, can arise from fraud or error and are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment of a reasonable user made based on the financial statements.
Auditor’s Responsibilities for the Audit of the Financial Statements
We will conduct our audit in accordance with GAAS and will include tests of your accounting records and other procedures we consider necessary to enable us to express such opinions. As part of an audit in accordance with GAAS, we exercise professional judgment and maintain professional skepticism throughout the audit.

2222 Colonial Road, Suite 200 • Fort Pierce, Florida 34950 • 772-461-8833 • Fax: 772-461-8872 591 S.E. Port St. Lucie Blvd., • Port St. Lucie, Florida 34984 • 772-878-1952 • Fax: 772-878-1709
Member AICPA	Member AICPA Division for CPA Firms	Member FICPA Private Company Practice Section
WWW.DMHBCPA.NET

We will evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management. We will also evaluate the overall presentation of the financial statements, including the disclosures, and determine whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We will plan and perform the audit to obtain reasonable 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 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 an unavoidable risk that some material misstatements may not be detected by us, even though the audit is properly planned and performed in accordance with GAAS. 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. However, we will inform the appropriate level of management of any material errors, fraudulent financial reporting, or misappropriation of assets that comes to our attention. We will also inform the appropriate level of management of any violations of laws or governmental regulations that come to our attention, unless clearly inconsequential. Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors.
We will also conclude, based on the audit evidence obtained, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the government’s ability to continue as a going concern for a reasonable period of time.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, tests of the physical existence of inventories, and direct confirmation of receivables and certain assets and liabilities by correspondence with selected customers, creditors, and financial institutions. We will also request written representations from your attorneys as part of the engagement.
We may, from time to time and depending on the circumstances, use third-party service providers in serving your account. We may share confidential information about you with these service providers but remain committed to maintaining the confidentiality and security of your information. Accordingly, we maintain internal policies, procedures, and safeguards to protect the confidentiality of your personal information. In addition, we will secure confidentiality agreements with all service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized release of your confidential information to others. In the event that we are unable to secure an appropriate confidentiality agreement, you will be asked to provide your consent prior to the sharing of your confidential information with the third-party service provider. Furthermore, we will remain responsible for the work provided by any such third-party service providers.
Our audit of the financial statements does not relieve you of your responsibilities.
Audit Procedures—Internal Control
We will obtain an understanding of the government and its environment, including internal control relevant to the audit, sufficient to identify and assess the risks of material misstatement of the financial statements, whether due to error or fraud, and to design and perform audit procedures responsive to those risks and obtain evidence that is sufficient and appropriate to provide a basis for our opinions. 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, misrepresentation, or the override of internal control. An audit is not designed to provide assurance on internal control or to identify deficiencies in internal control. Accordingly, we will express no such opinion. 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.
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, and agreements. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion.

Other Services
We will also prepare the financial statements of Bella Collina Community Development District in conformity with accounting principles generally accepted in the United States of America based on information provided by you.
We will perform the services in accordance with applicable professional 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.
You agree to assume all management responsibilities for the financial statement preparation services and any other nonattest services we provide; oversee the services by designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the adequacy and results of the services; and accept responsibility for them.
Responsibilities of Management for the Financial Statements
Our audit will be conducted on the basis that you acknowledge and understand your responsibility for designing, implementing, and maintaining internal controls relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error, including monitoring ongoing activities; for the selection and application of accounting principles; and for the preparation and fair presentation of the financial statements in conformity with accounting principles generally accepted in the United States of America with the oversight of those charged with governance.
Management is responsible for making information available for the drafting of financial statements, all financial records, and related information available to us and for the accuracy and completeness of that information (including information from outside of the general and subsidiary ledgers). 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, such as records, documentation, identification of all related parties and all related-party relationships and transactions, and other matters; (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. At the conclusion of our audit, we will require certain written representations from you about the financial statements and related matters.
Your responsibilities include adjusting the financial statements to correct material misstatements and confirming to us in the management 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 of each opinion unit 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 and regulations.
You are responsible for the preparation of the supplementary information in conformity with accounting principles generally accepted in the United States of America (GAAP). You agree to include our report on the supplementary information in any document that contains, and indicates that we have reported on, the supplementary information. You also agree to include the audited financial statements with any presentation of the supplementary information that includes our report thereon. Your responsibilities include acknowledging to us in the representation letter that (1) you are responsible for presentation of the supplementary information in accordance with GAAP; (2) you believe the supplementary information, including its form and content, is fairly presented in accordance with GAAP; (3) the methods of measurement or presentation have not changed from those used in the prior period (or, if they have changed, the reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the supplementary information.

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.
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 DiBartolomeo, McBee, Hartley & Barnes, P.A. 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.
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. Provided that such information and any necessary feedback is provided on a timely basis, we will submit a preliminary draft audit report for your review no later than May 15 following the fiscal year for which the audit is conducted, and will submit a final audit report for your review no later than June 15 following the fiscal year for which the audit is conducted.
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.
Jim Hartley is the engagement partner and is responsible for supervising the engagement and signing the report or authorizing another individual to sign it. Our fees for these services are not to exceed $5,400 ($4,650 plus $750 for issuance of debt in 2024). The fee estimate 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 or if additional Bonds are issued, we will discuss it with you and arrive at a new fee estimate before we incur the additional costs. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. 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 expenditures through the date of termination.
Either party may unilaterally terminate this agreement, with or without cause, upon thirty (30) days written notice. Upon any termination of this Agreement, the District will pay all invoices for services rendered prior to the date of the notice of termination but subject to any offsets that the District may have. Pursuant to Section 218.391, Florida Statutes, all invoices for fees or other compensation must be submitted in sufficient detail to demonstrate compliance with the terms of this engagement.
We shall take all necessary steps to ensure that the audit is completed in a timely fashion so that the financial reports and audits may be approved by the District’s Board of Supervisors within 180 days after the end of the fiscal year under review.
We agree and understand that Chapter 119, Florida Statutes, may be applicable to documents prepared in connection with the services provided hereunder and agree to cooperate with public record requests made there under. In connection with this Agreement, we agree to comply with all provisions of Florida’s public records laws, including but not limited to Section 119.0701, Florida Statutes, the terms of which are incorporated herein. Among other requirements, we will:
Keep and maintain public records required by the District to perform the service.
Upon request from the District’s custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes or as otherwise provided by law.

Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the auditor does not transfer the records to the District.
Upon completion of this Agreement, transfer, at no cost, to the District all public records in possession of the auditor or keep and maintain public records required by the District to perform the service. If the auditor transfers all public records to the District upon completion of this Agreement, the auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the auditor keeps and maintains public records upon completion of the Agreement, the auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District’s custodian of public records, in a format that is compatible with the information technology systems of the District.
If auditor 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, phone: (407) 841-5524.
Reporting
We will issue a written report upon completion of our audit of Bella Collina Community Development District’s financial statements. Our report will be addressed to the Board of Supervisors of the District. Circumstances may arise in which our report may differ from its expected form and content based on the results of our audit. Depending on the nature of these circumstances, it may be necessary for us to modify our opinions, add a separate section, or add an emphasis-of-matter or other-matter paragraph to our auditor’s report, or if necessary, withdraw from this engagement. If our opinions are 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 opinions, we may decline to express opinions or withdraw from this engagement.
We appreciate the opportunity to be of service to Bella Collina 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 DiBartolomeo, McBee, Hartley & Barnes 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 attached copy and return it to us.

DiBartolomeo, McBee, Hartley & Barnes, P.A.

RESPONSE:

This letter correctly sets forth the understanding of Bella Collina Community Development District. Signature: 	
Title: 	

Date: 	

Section VIII

FORM OF REOJJISTTION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024

The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 44
Name of Payee: The Colinas Group, Inc.
2031 East Edgewood Drive, Suite 5
Lakeland, FL 33803

Amount Payable: $6,347.20
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Invoice #0-898-9 - Well Construction & Testing Oversight - Sept. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs oflssuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsib 0

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs oflssuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer	oe,nFFOlJUIAlPlo•••

Please send remittance to:
THE COLINAS GROUP, INC
2031 East Edgewood Drivee Suite 5
Lakeland, FL 33803
Attn: Jackie Gonzalez

INVOICE

	DATE	INVOICE#	
	10-3-2025	0-898-9	
BILL TO:	PROJECT	
Bella Collina Community Development District Governmental Management Services
Central Florida, LLC 219 E. Livingston St. Orlando, Florida 32801	Bella Collina Irrigation Wells

Well Construction Oversight, Testing & Report 9-6-25 to 10-3-25	
Attn: District Manager		
P.O.NO.	I TERMS: 30 days I DUE DATE: 11-3-2025	I	PROJECT NO: 0-898	
DESCRIPTION	QUANTITY	UNIT	RATE	AMOUNT	
Bella Collina Irrigation Wells					
Well Construction Oversight & Testing					
Summary Report					
Principal Geologist (R. Oros)					
On-site: 9-29 & 9-30 (plumbness & align tests #6 & #7)	16	hour	$100/hr	$1,600.00	
Mileage	130	mile	$0.70/mi	91.00	
Road tolls	2	each	$15	30.00	
Principal Geologist (R. Oros) meet with J. Thompson 9-16	3	hour	$100/hr	300.00	
mileage	20	mile	$0.70/mi	14.00	
Principal Geologist (R. Oros)				
Pump test set-up 9/15, pump test data analyses #7 9-25 &	11	hour	$100/hr	1,100.00	
9-26				
Report	10	hour	$100/hr	1,000.00	
Sr. Engineering Technician (D. Claytor)	21.5	hour	$90/hr	1,935.00	
Well development oversight 9-17 well #7				
Pumping tests 9-22 & 9-24 well #7				
Mileage	396	mile	$0.70/mi	277.20	

Thank you for your business. If you have any questions, call Bob Oros at (407) 620-1793

$6,347.20

I

FORM OF BEWUSJTION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 45
Name of Payee: Thompson Well & Pump, Inc.
POBox371
Deland, FL 32721-0371

Amount Payable: $69,730.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Application #17 - Residential Irrigation System Upgrades - Sept. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs oflssuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Offi

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs oflssuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

.

.

l!Ei!tDRJOCAM.\O...

Consultmg Engmeer

APPLICATION FOR PAYMENT

Project Name:	Bella Collina Irrigation Wells
Owner:	Bella Collina Community Development District
Project No.:	.0..7..=0-=-B'--'-0=2	
Contractor:	Thompson Well & Pump, Inc.
Payment Request No:	.!..!17:._	
Period Ending Date:	9=1.2..9.../2..,..0.2..5
STATEMENT OF WORK

1.	Original Contract Price	$1192 500.00	
2.	Net Change Order	$796,190.00	
3.	Current Contract Amount	(Line 1 plus Line 2)	$1,988,690.00	
4.	Total Completed to Date	$1,771 295.00	
5.	Value of Stored Materials to Date	$94 425.20	
6.	Value of Installed Materials to Date	$74 528.90	
7.	Total Completed and Stored to Date (Line 4 Plus Line 5 Minus Line 6)	$1,791191.30	
8.	Amount Retained (5% of Line 7)	$89 559.57	
9.	Total Earned Less Retainage (Line7 Minus Line 8)	$1 701,631.74	
10.	Previous Payments Approved	$1,631,901.74	
11.	Amount Due this Payment (Line 9 Minus Line 10)	$ 69 730.00	
12.	Balance to Finish, Less Retainage (Line 3 Minus Line 7)	$197 498.70	

CONTRACTOR'S AFFIDAVIT

The undersigned Contractor hereby swears under penalty of pe�ury that theundersigned Contractor certifies that(1) allprevious progress payments received from Owner on account of Work done for the Project referred to above have been applied on account to discharge Contractor's legitimate obligations incurred in connection with Work covered by prior Applications for Payment numbered 1 through .!§_inclusive; (2) title of all Work, materials and equipment incorporated in said Work or otherwise listed in or covered by this Application for Payment will pass to Owner at time of payment free and clear of all liens, security interests andencumbrances; (3) the items covered by this Application for Payment have not been paid and there is no vendor's. mechanic's, or other liens or rights to liens or conditional sales contracts which should be satisfied or discharged before such payment is made; (4) allitems and amounts shown on the face of the Application No jLare correct and (5) all Work has been completed in full accordance with the tenns and conditions of the Agreement between the Owner and Contractor dated November 4, 2024 and the Work is not defective.
CONTRACTOR: Thompson Well & Pump, Inc.

�l;;��isentative) Jerry E. Thompson, Jr. I President
Printed Name and Title

September 29, 2025 Date

COUNTY OF _v ol_u_si_a		_
S1ATE OF FLORIDA
Before me on this 29th	day of		September 2025	, appeared Jerry E. Thompson Jr		, who Cperson�to me, or has produced

 ,	 as idenlitication and who did take an oath who, being duly sworn did depose and $ay that he/she is the President	. of the Contractor above-mentioned; that he/she ex.ecutedthe above Application for Payment and statement on behalf of said Contractor; and that all of the statements contained therein are true, correct and complete.

SUBCONTRACTOR AND SUPPLIER LISTING
The following is a list of Subcontractors and Suppliers who have performed Work or provided equipment or materials during time period .represented by this Application and the dollar amount of tl')e Work or equipment/materials provided (add to the table as necessary to provide a complete list). This list shall be used to track all required subcontractor/$Upplier lien releases for the Project.

NAME	AMOUNT	
United Rentals	$246.10	
Sunstate Equipment Co.	$2;236.30	

		

		

CERTIFICATION OF ENGINEER
lo accordance with the Contract Documents, based on on-site observations and the data comprising the above application, the Engineer certifies to the Owner that the Work has progressed to the point indicated and, that to the best of his knowledge, has been performed in accordance with the Contract Documents, and that the Contractor is entitled to payment for the Amount Certified.
The Amount certified is:  $ 69,730.00	

Boyd Environmental Engineering, Inc.	
E11gineer.
Digitally signed by James C. Boyd

October 3, 2025

DN:cn=James C. Boyd,o=Boyd Environmental Englnl!ering, Inc.,emall=jboyd@boydenvironmental.com, c;,,,:US
Date: 2025.10.03 09:53:37 -04'00'

Signature of Authorized Representative	Date

	James C. Boyd, P.E.	
Printed or Typed Name and Title of Authorized Representative

REQUIRED ATTACHMENTS

Monthly Application for Payment	Final AppUcatton for Payment	
1.  Updated Project Schedule	1. Waiver and Release of Wen Upon Final Payment (Contractor, Subcontractors and Suppliers)	
2. Waiver and Release of Lien Upon Progress Payment (Contractor, Subcontractors and Suppliers}	2. Fully Executed Warranty Bond	
	3. Fully Executed Consent of Surety to Final Payment	

FORM OF BEfiJISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 46
Name of Payee: Boyd Environmental Engineering, Inc.
175 West Broadway Street, Suite 101
Oviedo, FL 32765

Amount Payable: $5,119.30
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Invoice #4827 - Professional senrices for Residential Irrigation System Upgrades - Sept. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs oflssuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsi�le Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs oflssuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

dEIW-FliK!BX«D...

BOYD ENVIRONMENTAL ENGINEERING, INC.

October 1, 2025

Bella Collina CDD
6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822 Attn: Teresa Viscarra

Re: Invoice for Professional Services Rendered for the Period Ending September 30, 2025

Project: Bella Colliria CDD Residential Irrigation System Boyd Environmental Project No: 039-D-01
Invoice # 4827

Employee Classification	Hours	Rate	Fee

Professional Engineer	31.00	$165.00	$5,115.00	
Project Engineer	0.00	135.00	0.00	
Technician	0.00	80.00	0.00	
Clerical	0.00	45.00	0.00	
		Subtotal	$5,115.00	

Total Amount Due and Payable

Add Reimbursable Expenses (Breakdown Below)

	4.30 

$5,119.30

Payment Due Within 30 Days of Invoice Date

 Reimbursable Expense Breakdown	 Copies 43 @$0.10 = $4.30

Professional Services Included:
Provided miscellaneous construction administration services for the Bella Collina Irrigation Wells project. Also reviewed Contractor's Pay Application # 16 and provided related correspondence.
Provided coordination regarding survey staking for the well pump discharge piping.
Reviewed shop drawings for the Bella Collina Irrigation Wells & Pump Stations project and provided comments.
Provided support to general contractor regarding the obtainment of the Lake County building permit for the Bella Collina Irrigation Wells & Pump Stations project.
Reviewed certificates of insurance submitted by concrete subcontractor and provided comments.

Thank you for the opportunity to provide these services.
James C. Boyd, P.E.
President

175 West Broadway Street - Suite 101 - OViedo, Florida 32765 Phone (407) 542-4919	Fax (407) 542-4920	Registry #6444

FORM OF REQUISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 47

Name of Payee: Boyd Environmental Engineering, Inc.
175 West Broadway Street, Suite 101
Oviedo, FL 32765
Amount Payable: $11,156.10
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Invoice #4840 – Professional services for Residential Irrigation System Upgrades - Oct. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□ obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs of Issuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

November 1, 2025

Bella Collina CDD	
6200 Lee Vista Boulevard, Suite 300	
Orlando, FL 32822	
Attn: Teresa Viscarra	

Re: Invoice for Professional Services Rendered	
for the Period Ending October 31, 2025	

Project: Bella Collina CDD Residential Irrigation System	
Boyd Environmental Project No: 039-D-01	
Invoice # 4840	

Employee Classification	Hours	Rate	Fee

Professional Engineer	
Project Engineer	
Technician	
Clerical	

65.50	
2.50	
0.00	
0.00	

$10,807.50	
337.50	
0.00	
0.00	
$11,145.00	
    11.10 	

$165.00 135.00
80.00
45.00
Subtotal
Add Reimbursable Expenses (Breakdown Below)
Total Amount Due and Payable	 $11,156.10  Payment Due Within 30 Days of Invoice Date

 Reimbursable Expense Breakdown		
Copies 111 @$0.10 = $11.10	

Professional Services Included:	
1. Provided miscellaneous construction administration services for the Bella	
Collina Irrigation Wells project. Also reviewed Contractor's Pay Application	
# 17 and provided related correspondence.	
2. Prepared Change Order No. 1 regarding irrigation well construction oversight	
services provided by The Colinas Group (TCG). Also reviewed the Well	
Construction and Testing Report prepared by TCG and provided comments.	
3. Conducted site visits on 10/21/25 and 10/27/25 to review construction	
progress regarding installation of turbine pumps for wells # 14, #15 and #17.	
4. Prepared for and conducted Pre-Construction Meeting for the Bella Collina	
Irrigation Wells & Pump Stations project on 10/17/25. Also issued the NTP.	
5. Prepared Construction Commencement Notices associated with the Bella	
Collina Irrigation Wells & Pump Stations project.	
6. Reviewed shop drawings for the Bella Collina Irrigation Wells & Pump	
Stations project and provided comments.	
7. Coordination with Contractor and Watertronics regarding the provision	
of flow meters for irrigation wells #6, #7, #14, #15 and #17.	

Thank you for the opportunity to provide these services.

James C. Boyd, P.E.	
President	
175 West Broadway Street - Suite 101 - Oviedo, Florida 32765

FORM OF REQUISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 48

Name of Payee: Thompson Well & Pump, Inc.
PO Box 371
Deland, FL 32721-0371
Amount Payable: $107,464.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Application #18 – Residential Irrigation System Upgrades - Oct. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□ obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs of Issuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

APPLICATION FOR PAYMENT

Project Name:	Bella Collina Irrigation Wells
Owner:	Bella Collina Community Development District
Project No.:	=07....::.0·. ::cB-=--0=-2	
Contractor:	Thompson Well & Pump, Inc.
Payment Request No:	..:..;18c..-	
Period Ending Date:	�10::.:.:/3::..!1�/2:.::.:02:::.:::5	
STATEMENT OF WORK

1.	Oriqinal Contract Price	$1,192,500.00	
2.	Net Change Order	$796,190.00	
3.	Current Contract Amount	(Line 1 plus Line 2)	$1,988,690.00	
4.	Total Completed to Date	$1,884,415.00	
5.	Value of Stored Materials to Date	$94,425.20	
6.	Value of Installed Materials to Date	$74,528.90	
7.	Total Completed and Stored to Date (Line 4 Plus Line 5 Minus Line 6)	$1,904,311.30	
8.	Amount Retained (5% of Line 7)	$95,215.57	
9.	Total Earned Less Retainaqe (Line 7 Minus Line 8)	$1,809,095.74	
10.	Previous Payments Approved	$1,701,631.74	
11.	Amount Due this Payment (Line 9 Minus Line 10)	$107,464.00	
12.	Balance to Finish,Less Retainaqe (Line 3 Minus Line 7)	$84,378.70	

CONTRACTOR'� AFFIDAVIT

The undersigned Contractor hereby swears under penalty of perjury that the undersigned Contractor certifies that (1) all previous progress payments received from Owner on account of Work done for the Project referred to above have been applied on account to discharge Contractor's legitimate obligations incurred in connection with Work covered by prior Applications for Payment numbered 1 through .fl.inclusive; (2) title of all Work, materials and equipment incorporated in said Work or otherwise listed in or covered by this Application for Payment will pass to Owner at time of payment free and clear of all liens, security interests and encumbrances;(3) the items covered by this Application for Payment have not been paid and there is no vendor's. mechanic's, or other liens or rights to liens or conditional sales contracts which should be satisfied or discharged before such payment is made; (4) all items and amounts shown on the face of the Application No Ji.are correct and (5) all Work has been completed in full accordance with the terms and conditions of the Agreement between the Owner and Contractor dated
November 4, 2024 and the Work is not defective.

Jerry E. Thompson, Jr. / President
Printed Name and Title

October 25, 2025 Date

-...

COUNTY OF	Volusia
STATE OF FLORIDA

Before me on this_5t_h	

day of	November,  202�	, appeared

Jerry E. Thompson Jr	, who i persona y nown o me, or has produced

.t���V�fft,,,  BIBIANA A FIGUEROA
:f�t>�Notary Public-State of Florida
;.;.	;f  Commission # HH 362592
-;,,�"i0F�o\t.�	My  Commission Expires
'11111111'	February 14, 2027

		as iden• •	•		w·o did take an oath who, being duly sworn did depose and say that he/she is the		President	of the Contractor above-mentioned; that he/she executed the above Application for Payment and statement on behalf of said Contractor; and that all of the statements contained therein are true, correct and complete.

My commission expires: _F_eb_r_u_a_ry_1_7_·_20_2 7	_

SUBCONTRACTOR AND SUPPLIER LISTING

The following is a list of Subcontractors and Suppliers who have performed Work or provided equipment or materials during time period represented by this Application and the dollar amount of the Work or equipment/materials provided (add to the table as necessary to provide a complete list). This list shall be used to track all required subcontractor/supplier lien releases for the Project.

NAME	AMOUNT	
United Rentals	$246.10	
Sunstate Equipment Co.	$2,236.30	

		

		

CERTIFICATION OF ENGINEER
In accordance with the Contract Documents, based on on-site observations and the data comprising the above application, the Engineer certifies to the Owner that the Work has progressed to the point indicated and, that to the best of his knowledge, has been performed in accordance with the Contract Documents, and that the Contractor is entitled to payment for the Amount Certified.
The Amount certified is:   $ 107,464.00

	Boyd Environmental Engineering, Inc.	 Engineer.
Digitally signed by James C. Boyd

DN: cn=James C. Boyd, o=Boyd Environmental Engineering, Inc., email=jboyd@boydenvironmental.com, c=US Date: 2025.11.06 11:53:10 -05'00'
Signature of Authorized Representative
James C. Boyd, P.E.
Printed or Typed Name and Title of Authorized Representative

REQUIRED ATTACHMENTS

11/6/2025
Date

Monthly Application for Payment	Final Application for Payment	
1.  Updated Project Schedule	1. Waiver and Release of Lien Upon Final Payment (Contractor, Subcontractors and Suppliers)	
2. Waiver and Release of Lien Upon Progress Payment (Contractor, Subcontractors and Suppliers)	2.  Fully Executed Warranty Bone!	
	3.  Fully Executed Consent of Surety to Frnal Payment	

PERIOD ENDING DATE:	 10/31/2025 	

PAYMENT APPLICATION NO.			18		

ITEM NO.	

DESCRIPTION	

UNIT	

QUANTITY	

UNIT PRICE	
TOTAL PRICE	Previous Installed Quantity	
Previous Amount	Installed Quantity This Period	
Total Amount This Period	
Total Quantity Completed	Total Amount Completed	
Percent Complete	

Retainage	
IRRIGATION WELL NO. 6	
1	Mobilization/Demobilization, Permitting and Conformance with
General Requirements	LS	1	$12,000.00	$12,000.00	50%	$	6,000.00		$	-	0.50	$  6,000.00	50.00%	$  300.00	
2	Performance and Payment Bonds	LS	1	$2,000.00	$2,000.00	1	$	2,000.00		$	-	1	$  2,000.00	100.00%	$  100.00	
3	Compliance with Florida Trench Safety Act	LS	1	$1,500.00	$1,500.00	1	$	1,500.00		$	-	1	$  1,500.00	100.00%	$	75.00	
4	Install and Clean-Out 12-Inch Diameter Production Casing	LF	160	$260.00	$41,600.00	157	$	40,820.00		$	-	157	$  40,820.00	98.13%	$ 2,041.00	
5	Drill 12-Inch Diameter Open Borehole	LF	80	$225.00	$18,000.00	223	$	50,175.00		$	-	223	$  50,175.00	278.75%	$ 2,508.75	

6	
Furnish and Install Pump, Flow Meter, Control Valve, Discharge Pipe, Generator and any Other Required Appurtenances as Needed for Well Development and Testing	
LS	

1	

$25,000.00	

$25,000.00	

1	

$	25,000.00		

$	-	

1	

$  25,000.00	

100.00%	

$ 1,250.00	
7	Develop Well	HR	24	$550.00	$13,200.00	9	$	4,950.00		$	-	9	$  4,950.00	37.50%	$  247.50	
8	Perform Plumbness, Alignment and Straightness Test	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
9	Perform Step-Drawdown and Constant Rate Test	HR	8	$550.00	$4,400.00	8	$	4,400.00		$	-	8	$  4,400.00	100.00%	$  220.00	
10	Perform Water Quality Sampling and Testing for Completed Well	LS	1	$3,500.00	$3,500.00	1	$	3,500.00		$	-	1	$  3,500.00	100.00%	$  175.00	
11	Disinfect Completed Well	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
12	Well Site Cleanup	LS	1	$10,000.00	$10,000.00	1	$	10,000.00		$	-	1	$  10,000.00	100.00%	$  500.00	
13	Warranty Bond	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
14	Miscellaneous Work Not Described Elsewhere	LS	1	$8,000.00	$8,000.00		$	-		$	-	0	$	-	0.00%	$	-	
15	CHANGE Order # 1 - F&I 40HP Grundfos Pump / Liquid End	LS	1	$71,000.00	$71,000.00	60%	$	42,600.00		$	-	0.60	$  42,600.00	60.00%	$ 2,130.00	
SUB-TOTAL				$220,200.00		$	196,945.00		$	-		$ 196,945.00		$ 9,847.25	
IRRIGATION WELL NO. 7	
1	Mobilization/Demobilization, Permitting and Conformance with
General Requirements	LS	1	$12,000.00	$12,000.00	50%	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
2	Performance and Payment Bonds	LS	1	$2,000.00	$2,000.00	1	$	2,000.00		$	-	1	$  2,000.00	100.00%	$  100.00	
3	Compliance with Florida Trench Safety Act	LS	1	$1,500.00	$1,500.00	1	$	1,500.00		$	-	1	$  1,500.00	100.00%	$	75.00	
4	
Install and Clean-Out 12-Inch Diameter Production Casing	LF	
200	
$260.00	
$52,000.00	
196	
$	50,960.00		
$	-	
196	
$  50,960.00	
98.00%	
$ 2,548.00	
5	Drill 12-Inch Diameter Open Borehole	LF	80	$225.00	$18,000.00	100	$	22,500.00		$	-	100	$  22,500.00	125.00%	$ 1,125.00	

6	Furnish and Install Pump, Flow Meter, Control Valve, Discharge
Pipe, Generator and any Other Required Appurtenances as Needed for Well Development and Testing	
LS	
1	
$25,000.00	
$25,000.00	
1.5	
$	37,500.00			
1.5	
$  37,500.00	
150.00%	
$ 1,875.00	
7	Develop Well	HR	24	$550.00	$13,200.00	20	$	11,000.00		$	-	20	$  11,000.00	83.33%	$  550.00	
8	Perform Plumbness, Alignment and Straightness Test	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
9	Perform Step-Drawdown and Constant Rate Test	HR	8	$550.00	$4,400.00	8	$	4,400.00		$	-	8	$  4,400.00	100.00%	$  220.00	
10	Perform Water Quality Sampling and Testing for Completed Well	LS	1	$3,500.00	$3,500.00	1	$	3,500.00		$	-	1	$  3,500.00	100.00%	$  175.00	
11	Disinfect Completed Well	LS	1	$2,500.00	$2,500.00		$	-		$	-	0	$	-	0.00%	$	-	
12	Well Site Cleanup	LS	1	$10,000.00	$10,000.00	1	$	10,000.00		$	-	1	$  10,000.00	100.00%	$  500.00	
13	Warranty Bond	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
14	Miscellaneous Work Not Described Elsewhere	LS	1	$8,000.00	$8,000.00		$	-		$	-	0	$	-	0.00%	$	-	
15	CHANGE Order # 1 - F&I 40HP Grundfos Pump / Liquid End	LS	1	$76,000.00	$76,000.00	60%	$	45,600.00		$	-	0.60	$  45,600.00	60.00%	$ 2,280.00	
16	CHANGE Order # 2 - Remobilzation and Demobilization	LS	1	$12,000.00	$12,000.00	1	$	12,000.00		$	-	1	$  12,000.00	100.00%	$  600.00	
17	CHANGE Order # 2 -Drill Additional 40' of 12" Borehole /Plus an
additional 60' of 12" Borehole approved.	LF	
40	
$196.00	
$7,840.00	
100	
$	19,600.00		
$	-	
100	
$  19,600.00	
250.00%	
$  980.00	
18	CHANGE Order # 2 - Additional Test Pump Equipment	LS	1	$25,000.00	$25,000.00	1	$	25,000.00		$	-	1	$  25,000.00	100.00%	$ 1,250.00	
SUB-TOTAL				$280,940.00		$	257,560.00		$	-		$ 257,560.00		$ 12,878.00	

PERIOD ENDING DATE:	 10/31/2025 	

PAYMENT APPLICATION NO.			18		

ITEM NO.	

DESCRIPTION	

UNIT	

QUANTITY	

UNIT PRICE	
TOTAL PRICE	Previous Installed Quantity	
Previous Amount	Installed Quantity This Period	
Total Amount This Period	
Total Quantity Completed	Total Amount Completed	
Percent Complete	

Retainage	
IRRIGATION WELL NO. 14	

1	Mobilization/Demobilization, Permitting and Conformance with
General Requirements	LS	1	$12,000.00	$12,000.00	50%	$	6,000.00		$	-	0.50	$  6,000.00	50.00%	$  300.00	
2	Performance and Payment Bonds	LS	1	$2,000.00	$2,000.00	1	$	2,000.00		$	-	1	$  2,000.00	100.00%	$  100.00	
3	Compliance with Florida Trench Safety Act	LS	1	$1,500.00	$1,500.00	1	$	1,500.00		$	-	1	$  1,500.00	100.00%	$	75.00	
4	Install and Clean-Out 24-Inch Diameter Surface Casing	LF	160	$700.00	$112,000.00	176	$	123,200.00		$	-	176	$ 123,200.00	110.00%	$ 6,160.00	
5	Drill and Ream Production Casing Pilot Hole	LF	85	$350.00	$29,750.00	79	$	27,650.00		$	-	79	$  27,650.00	92.94%	$ 1,382.50	
6	Install and Grout 18-Inch Diameter Production Casing	LF	245	$300.00	$73,500.00	255	$	76,500.00		$	-	255	$  76,500.00	104.08%	$ 3,825.00	
7	Drill 18-Inch Diameter Open Borehole	LF	205	$250.00	$51,250.00	195	$	48,750.00		$	-	195	$  48,750.00	95.12%	$ 2,437.50	

8	Furnish and Install Pump, Flow Meter, Control Valve, Discharge
Pipe, Generator and any Other Required Appurtenances as Needed for Well Development and Testing	
LS	
1	
$25,000.00	
$25,000.00	
1	
$	25,000.00		
$	-	
1	
$  25,000.00	
100.00%	
$ 1,250.00	
9	Develop Well	HR	24	$550.00	$13,200.00	15	$	8,250.00		$	-	15	$  8,250.00	62.50%	$  412.50	
10	Perform Plumbness, Alignment and Straightness Test	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
11	Perform Step-Drawdown and Constant Rate Test	HR	8	$550.00	$4,400.00	8	$	4,400.00		$	-	8	$  4,400.00	100.00%	$  220.00	
12	Perform Water Quality Sampling and Testing for Completed Well	LS	1	$3,500.00	$3,500.00	1	$	3,500.00		$	-	1	$  3,500.00	100.00%	$  175.00	
13	Disinfect Completed Well	LS	1	$3,000.00	$3,000.00		$	-		$	-	0	$	-	0.00%	$	-	
14	Well Site Cleanup	LS	1	$10,000.00	$10,000.00	1	$	10,000.00		$	-	1	$  10,000.00	100.00%	$  500.00	
15	Warranty Bond	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
16	Miscellaneous Work Not Described Elsewhere	LS	1	$8,000.00	$8,000.00		$	-		$	-	0	$	-	0.00%	$	-	
17	
CHANGE Order # 1 - F&I Flo-Wise 14LS-4Stage Vertical Turbine	LS	
1	
$152,000.00	
$152,000.00	
70%	
$	106,400.00	
0.28	
$	42,560.00	
0.98	
$ 148,960.00	
98.00%	
$ 7,448.00	
18	CHANGE Order # 3 - Remobilzation and Demobilization	LS	1	$12,000.00	$12,000.00	1	$	12,000.00		$	-	1	$  12,000.00	100.00%	$  600.00	
19	CHANGE Order # 3 -Drill Additional 100' of 17" Borehole	LF	100	$250.00	$25,000.00	13	$	3,250.00		$	-	13	$  3,250.00	13.00%	$  162.50	
20	CHANGE Order # 3 - Additional Test Pump Equipment	LS	1	$12,500.00	$12,500.00	1	$	12,500.00		$	-	1	$  12,500.00	100.00%	$  625.00	
SUB-TOTAL				$558,600.00		$	476,900.00		$	42,560.00		$ 519,460.00		$ 25,973.00	
$49,500.00	
	
IRRIGATION WELL NO. 15	
	Mobilization/Demobilization, Permitting and Conformance with
General Requirements	LS	1	$11,600.00	$11,600.00	0.50	$	5,800.00		$	-	0.50	$  5,800.00	50.00%	$  290.00	
1	Performance and Payment Bonds	LS	1	$2,000.00	$2,000.00	1	$	2,000.00		$	-	1	$  2,000.00	100.00%	$  100.00	
2	Compliance with Florida Trench Safety Act	LS	1	$1,500.00	$1,500.00	1	$	1,500.00		$	-	1	$  1,500.00	100.00%	$	75.00	
3	Install and Clean-Out 24-Inch Diameter Surface Casing	LF	180	$700.00	$126,000.00	120	$	84,000.00			120	$  84,000.00	66.67%	$ 4,200.00	
4	Drill and Ream Production Casing Pilot Hole	LF	85	$350.00	$29,750.00	145	$	50,750.00		$	-	145	$  50,750.00	170.59%	$ 2,537.50	
5	Install and Grout 18-Inch Diameter Production Casing	LF	265	$300.00	$79,500.00	265	$	79,500.00		$	-	265	$  79,500.00	100.00%	$ 3,975.00	
6	Drill 18-Inch Diameter Open Borehole	LF	185	$250.00	$46,250.00	185	$	46,250.00		$	-	185	$  46,250.00	100.00%	$ 2,312.50	
7	Furnish and Install Pump, Flow Meter, Control Valve, Discharge Pipe, Generator and any Other Required Appurtenances as Needed for Well
Development & Testing	LS	
1	
$25,000.00	
$25,000.00	
1	
$	25,000.00		
$	-	
1	
$  25,000.00	
100.00%	
$ 1,250.00	
8	Develop Well	HR	24	$550.00	$13,200.00	10	$	5,500.00		$	-	10	$  5,500.00	41.67%	$  275.00	
9	Perform Plumbness, Alignment and Straightness Test	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
10	Perform Step-Drawdown and Constant Rate Test	HR	8	$550.00	$4,400.00	8	$	4,400.00		$	-	8	$  4,400.00	100.00%	$  220.00	
11	Perform Water Quality Sampling and Testing for Completed Well	LS	1	$3,500.00	$3,500.00	1	$	3,500.00		$	-	1	$  3,500.00	100.00%	$  175.00	
12	Disinfect Completed Well	LS	1	$3,000.00	$3,000.00		$	-		$	-	0	$	-	0.00%	$	-	
13	Well Site Cleanup	LS	1	$10,000.00	$10,000.00	1	$	10,000.00		$	-	1	$  10,000.00	100.00%	$  500.00	
14	Warranty Bond	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
15	Miscellaneous Work Not Described Elsewhere	LS	1	$8,000.00	$8,000.00		$	-		$	-	0	$	-	0.00%	$	-	
16	CHANGE Order # 1 - F&I Flo_Wise 14MS 3 Stage Vertical Turbine	LS	1	$156,000.00	$156,000.00	70%	$	109,200.00	0.28	$	43,680.00	0.98	$ 152,880.00	98.00%	$ 7,644.00	
17	Change Order #4 - Re-mobilization and Demobilization	LS	1	$12,000.00	$12,000.00	1	$	12,000.00		$	-	1	$  12,000.00	100.00%	$  600.00	
18	Change Order #4 - Drill additional 100' of 17-inch borehole - 450-550'	LF	100	$250.00	$25,000.00	82	$	20,500.00		$	-	82	$  20,500.00	82.00%	$ 1,025.00	
19	Change Order #4 - Additional Pump Equipment	LS	1	$12,500.00	$12,500.00	1	$	12,500.00		$	-	1	$  12,500.00	100.00%	$  625.00	
SUB-TOTAL				$577,200.00		$	478,400.00		$	43,680.00		$ 522,080.00		$ 26,104.00	

PERIOD ENDING DATE:	 10/31/2025 	

PAYMENT APPLICATION NO.			18		

ITEM NO.	

DESCRIPTION	

UNIT	

QUANTITY	

UNIT PRICE	
TOTAL PRICE	Previous Installed Quantity	
Previous Amount	Installed Quantity This Period	
Total Amount This Period	
Total Quantity Completed	Total Amount Completed	
Percent Complete	

Retainage	
$49,500.00
IRRIGATION WELL NO. 17	
	Mobilization/Demobilization, Permitting and Conformance with
General Requirements	LS	1	$12,000.00	$12,000.00	50%	$	6,000.00		$	-	0.50	$  6,000.00	50.00%	$  300.00	
1	Performance and Payment Bonds	LS	1	$2,000.00	$2,000.00	1	$	2,000.00		$	-	1	$  2,000.00	100.00%	$  100.00	
2	Compliance with Florida Trench Safety Act	LS	1	$1,500.00	$1,500.00	1	$	1,500.00		$	-	1	$  1,500.00	100.00%	$	75.00	
3	Install and Clean-Out 12-Inch Diameter Production Casing	LF	180	$260.00	$46,800.00	194	$	50,440.00		$	-	194	$  50,440.00	107.78%	$ 2,522.00	
4	Drill 12-Inch Diameter Open Borehole	LF	80	$225.00	$18,000.00	66	$	14,850.00		$	-	66	$  14,850.00	82.50%	$  742.50	

5	Furnish and Install Pump, Flow Meter, Control Valve, Discharge Pipe, Generator and any Other Required Appurtenances as Needed
for Well Development and Testing	
LS	
1	
$25,000.00	
$25,000.00	
1	
$	25,000.00		
$	-	
1	
$  25,000.00	
100.00%	
$ 1,250.00	
6	Develop Well	HR	24	$550.00	$13,200.00	24	$	13,200.00		$	-	24	$  13,200.00	100.00%	$  660.00	
7	Perform Plumbness, Alignment and Straightness Test	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
8	Perform Step-Drawdown and Constant Rate Test	HR	8	$550.00	$4,400.00	8	$	4,400.00		$	-	8	$  4,400.00	100.00%	$  220.00	
9	Perform Water Quality Sampling and Testing for Completed Well	LS	1	$3,500.00	$3,500.00	1	$	3,500.00		$	-	1	$  3,500.00	100.00%	$  175.00	
10	Disinfect Completed Well	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
11	Well Site Cleanup	LS	1	$10,000.00	$10,000.00	1.00	$	10,000.00		$	-	1	$  10,000.00	100.00%	$  500.00	
12	Warranty Bond	LS	1	$2,000.00	$2,000.00		$	-		$	-	0	$	-	0.00%	$	-	
13	Miscellaneous Work Not Described Elsewhere	LS	1	$8,000.00	$8,000.00		$	-		$	-	0	$	-	0.00%	$	-	
14	
CHANGE Order # 1 - F&I Flo_Wise 9HC 6 Stage Vertical Turbine	LS	
1	
$96,000.00	
$96,000.00	
0.70	
$	67,200.00	
0.28	
$	26,880.00	
0.98	
$  94,080.00	
98.00%	
$ 4,704.00	
15	Change Order #4 - Re-mobilization and Demobilization	LS	1	$6,000.00	$6,000.00	1	$	6,000.00		$	-	1	$  6,000.00	100.00%	$  300.00	
16	Change Order #4 - Drill additional 290' of 12-inch borehole - 260-
450 feet	LF	
290	
$225.00	
$65,250.00	
240	
$	54,000.00		
$	-	
240	
$  54,000.00	
82.76%	
$ 2,700.00	
17	Change Order #4 - Additional Pump Equipment	LS	1	$12,500.00	$12,500.00	1.00	$	12,500.00		$	-	1	$  12,500.00	100.00%	$  625.00	
18	Change Order #4 - Well Development	HR	24	$550.00	$13,200.00	15.00	$	8,250.00		$	-	15	$  8,250.00	62.50%	$  412.50	

19	Change Order #4 - Step Rate Pumping Test & Constant Rate
Test	
HR	

8	

$550.00	

$4,400.00	
8.00	
$	4,400.00		
$	-	
8	
$  4,400.00	
100.00%	
$  220.00	
SUB-TOTAL			$101,350.00	$351,750.00		$	289,240.00		$	26,880.00		$ 316,120.00		$ 15,806.00	
ADDITIONAL COST ITEMS
A-2	Dredging (Irrigation Well No. 15)	HR		$500.00		92	$	46,000.00		$	-	92	$  46,000.00	NA	$ 2,300.00	
A-3	Dredging (Irrigation Well No. 14)	HR		$500.00		31	$	15,250.00		$	-	30.5	$  15,250.00	NA	$  762.50	
A-4	Dredging (Irrigation Well No. 7)	HR		$500.00		22	$	11,000.00		$	-	22	$  11,000.00	NA	$  550.00	
	TOTAL				$1,988,690.00		$1,771,295.00		$113,120.00		$1,884,415.00		$94,220.75	

PAY APPLICATION COVER SHEET

Original Contract Price	$1,192,500.00	
Change Orders	$796,190.00	
Current Contract Price	$1,988,690.00	
Total Completed to Date	$1,884,415.00	
Value of Stored Materials to Date (See Exhibit I)	$94,425.20	
Value of Stored Materials Installed to Date (See Exhibit I)	$74,528.90	
Total Completed and Stored to Date	$1,904,311.30	
Retainage	$95,215.57	
Total Earned Less Retainage	$1,809,095.74	
Total Previous Applications for Payment	$1,701,631.74	
Current Payment Due	$107,464.00	
Balance to Finish Less Retainage	$84,378.70	

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT	
BELLA COLLINA IRRIGATION WELLS	
PROJECT NO. 070-B-02	

	
PAYMENT APPLICATION NO.	18	

PERIOD ENDING DATE:	
10/31/2025	

CONTRACTOR: THOMPSON WELL & PUMP, INC.

Exhibit I - Stored Materials	

Materials Description	

Supplier	Value of	Value of	
			Stored	Installed	
Item			Materials	Materials	
No.			To Date	To Date	
1	24" Black Steel Well Casing .374 Wall Bevel End (336FT)	Preferred Pump & Equipment L.P.	$32,338.82	$28,489.58	
2	18" Black Steel 42FT .375 Wall Bevel End (504FT)	Preferred Pump & Equipment L.P.	$33,839.82	$17,792.76	
3	12" Black Steel .375 Wall 21' Plain End (546FT)	Preferred Pump & Equipment L.P.	$22,521.69	$22,521.69	
4	12" Cable Drive Shoe Weld On (2)	Preferred Pump & Equipment L.P.	$896.67	$896.67	
5	Drive Shoe 24 x 23 1/4 REG Weld On 25.2OD (2)	Preferred Pump & Equipment L.P.	$4,828.20	$4,828.20	
6					
7					
8					
9					
10					
11					
12					
13					
14					
15					
16					
17					
18					
19					
20					
21					
22					
23					
24					
25					
26					
27					
28					
29					
30					
Total	$94,425.20	$74,528.90	

PAYMENT APPLICATION EXHIBIT I
STORED MATERIALS	Pg. 4 of 4	BELLA COLLINA IRRIGATION WELLS

EXHlBIT lV
WAIVER AND RELEASE OF LIEN UPON PROGRESS PAYMENT

The	undersigned
s	69,730.00
materials furnished

Uenor,	in	consideration	of	the	progress	payment	in	the	amount	of
, hereby waives and releases its fien and right to claim a ffen for labor, services or

through (d t )

9/29/2025	tBella Collina community Developm.ent District	th	P		. t a e  --�--- o	.	Tor		e		roJec

known as Bella Collina Irrigation Wells, whose Owner is,BellaCot!i�-�C�f!l�uniW PJ!��.l�J?..fJl.f:.Dt Distrie:t The labor, services or materials furnished relate to improvements to the following property: real property and ma! property interests in Lake County, Florida of Bella Collina Community Development District, Bella Coliina Property Owners Association, Inc., DCS Real Estate Investments LLC, and DCS Capital Investments LLC.

This waiver and release of lien does not cover any retention of labor, services -or materials furnished after the date specified.

Dated on Lienor: Address:

November 5, 2025

Thompson Well & Pump, Inc. PO Box 371

Deland, FL 32721-0371

Jerry E. Thompson, Jr. / President Printed Name and Title

Sworn to and subscribed before me this   5_th_	day of _N_o_v_e_m_be_r_,_2_0_2_5	

0��a,_N2   --�._.lU,�
Signature of Notary Publi
Commissioned State of Florida

Bibiana Figueroa
Print. Type or Stamp Name of Notary Public

,,,,:�V':!f:,,, BIBIANA A FIGUEROA
/{.�'\;':::Notary Public-State of Florida
�;, ·, ;� Commission # HH 362592
�,;,'i'o;r,.o�.::-	My Commission Expires '""'"''		February 14, 2027

Personally Known 	x		Or, Produced Identification 	

Type of Identification Produced 	

IV-1

EXHIBIT IV

WAIVER AND RELEASE OF LIEN UPON PROGRESS PAYMENT

The  undersigned  Lienor,  in  consideration  of  the  progress  payment  in  the  amount  of
$ 2,236.30	, hereby waives and releases its lien and right to claim a lien for labor, services or materials furnished through (date) 9/30/2025  to  Thompson Well& Pump, Inc.	for the Project known as Bella Collina Irrigation Wells, whose Owner is Bella_Co!�'2c.o?'.21_m�_nity_��vel�pment Distri<:tThe labor,
services or materials furnished relate to improvements to the following property: real property and -real property interests in Lake County, Florida of Bella Collina Community Development District, Bella Collina Property Owners Association, Inc., DCS Real Estate Investments LLC, and DCS Capital Investments LLC.

This waiver and release of lien does not cover any retention of labor, services or materials furnished after the date specified.

Dated on lienor: Address:

	10/23/25	
Sunstate Equipment Co. LLC 5552 E. Washington Street Phoenix, AZ 85034

Signature {/

By:

 Alejandra Gonzalez/Account Rep
Printed Name and Title

Sworn to and subscribed before me this	23	day of	October, 2025

  Jennifer Chubinsky
Print, Type or Stamp Name of Notary Public

Personally Known -�x..... 	Or, Produced Identification 	
Type of Identification Produced 	 _

8

No11,, Public, S111e of"•l•o••

JE'.NNIFER CHUBINSKY
Mll>COPI County
ommln,on, 1•:1129 My Commission Expires
Jan1111vJ1, 2027

IV -1

Section IX

Section C

Section 1

Bella Collina
Community Development District
Summary of Invoices

September 1, 2025 - October 31, 2025

Fund	Date	Check No.'s	Amount	
General Fund	
9/4/25	
1554-1555	
$	4,921.60	
	9/11/25	1556-1557	9,581.75	
	9/16/25	1558-1559	9,468.81	
	9/22/25	1560	10,516.00	
	10/1/25	1561	4,745.10	
	10/2/25	1562	2,469.35	
	10/9/25	1563-1564	9,994.50	
	10/16/25	1565-1569	11,959.50	
			$	63,656.61	
Water & Sewer Fund	
9/4/25	
2501-2505	
$	13,547.90	
	9/11/25	2506-2513	51,087.78	
	9/16/25	2514-2518	19,939.83	
	9/22/25	2519	47,549.00	
	9/25/25	2520-2521	8,665.75	
	9/29/25	2522	32,050.00	
	10/1/25	2523-2525	10,733.63	
	10/9/25	2526-2532	33,739.54	
	10/16/25	2533-2536	38,488.75	
	10/23/25	2537-2539	5,935.00	
	10/30/25	2540-2545	24,578.16	
			$	286,315.34	
W&S Reserve Fund	
9/11/25	
59-60	
$	26,696.52	
			$	26,696.52	
Payroll	
September 2025			
	Andrew Gorrill	50339	$	184.70	
	David Burman	50340	184.70	
	Duane Owen	50341	184.70	
	Randall Greene	50342	184.70	
	Ricky Scharich	50343	184.70	
			$	923.50	
	TOTAL		$	377,591.97	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/04/25 00044	9/03/25 4491	202508 310-51300-31100	*	1,880.10
MODEL DRN SYSTM/SITE VISI
BOYD CIVIL ENGINEERING INC	1,880.10 001554
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/04/25 00060	9/01/25 1127	202509 320-53800-47200	*	3,041.50
DRY RETENTION POND SEP25
THOMPSONS NURSERY INC	3,041.50 001555
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00003	8/14/25 12311998 202508 310-51300-48000	*	200.75
NOT.RULE DEVELOP 09/11/25
8/14/25 12311998 202508 310-51300-48000	*	2,081.00
NOT.RULE MAKE/POL 9/11/25
ORLANDO SENTINEL	2,281.75 001556
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00028	8/28/25 125962	202508 300-15500-10000	*	3,800.00
FY26 TRUSTEE FEES SER2024
8/28/25 125964	202508 300-15500-10000	*	3,500.00
FY26 TRUSTEE FEES SER2004
REGIONS BANK	7,300.00 001557

9/16/25 00013	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
929	202509 310-51300-34000	*	4,864.08
MANAGEMENT FEES SEP25
929	202509 310-51300-35200	*	105.00
WEBSITE ADMIN SEP25
929	202509 310-51300-35100	*	157.50
INFORMATION TECH SEP25
929	202509 310-51300-31700	*	512.50
DISSEMINATION FEE SEP25
929	202509 310-51300-51000	*	.24

202509 310-51300-42000	*	40.90	
202509 310-51300-42500	*	3.75	
202509 320-53800-12000	*	2,138.33	

OFFICE SUPPLIES 929
POSTAGE 929
COPIES 930
FIELD MANAGEMENT SEP25
930A	202507 310-51300-42000	*	1.02
USPS-MAIL 941 FORM TO IRS
GOVERNMENTAL MANAGEMENT SERVICES	7,823.32 001558
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/25 00038	9/15/25 144995	202508 310-51300-31500	*	1,645.49
NOT.COMMENCE/RELEASE AGR
LATHAM LUNA EDEN & BEAUDINE LLP	1,645.49 001559
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/22/25 00036	9/19/25 29755	202509 300-15500-10000	*	10,516.00
FY26 GEN.LIAB/PUBLIC OFFC
EGIS INSURANCE ADVISORS, LLC.	10,516.00 001560
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/01/25 00044	9/30/25 4521	202509 310-51300-31100	*	4,745.10
ICPR MODELING/DRAIN COND.
BOYD CIVIL ENGINEERING INC	4,745.10 001561
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/02/25 00013	7/31/25 928	202507 320-53800-47400	*	2,469.35
STORM WATER REPAIR/CLNOUT
GOVERNMENTAL MANAGEMENT SERVICES	2,469.35 001562
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00013	9/15/25 934	202510 310-51300-31400	*	6,953.00

	GOVERNMENTAL MANAGEMENT SERVICES											6,953.00	001563	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
10/09/25 00060	10/01/25 1128	202510 320-53800-47200				*						3,041.50			
	DRY RETENTION POND OCT25													
	THOMPSONS NURSERY INC											3,041.50	001564	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
10/16/25 00063	10/13/25 250935L0 202510 320-53800-47400				*						950.00			
	VOLTERRA POINT-TOPO.SURVY													
	10/13/25 250935L0 202510 320-53800-47400				*						750.00			

FY26 ASSESSMENT ROLL CERT

VETTA DRIVE-TOPOGRPH.SRVY
AMERICAN SURVEY AND MAPPING INC	1,700.00 001565
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/16/25 00043 10/01/25 92971	202510 310-51300-54000	*	175.00
SPECIAL DISTRICT FEE-FY26
FLORIDA DEPARTMENT OF COMMERCE	175.00 001566

10/16/25 00013	10/01/25	
	10/01/25	
	10/01/25	
	10/01/25	
	10/01/25	
	10/01/25	
	10/01/25	
	10/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
937	202510 310-51300-34000	*	5,010.00
MANAGEMENT FEES OCT25
937	202510 310-51300-35200	*	108.17
WEBSITE ADMIN OCT25
937	202510 310-51300-35100	*	162.25
INFORMATION TECH OCT25
937	202510 310-51300-31700	*	527.92
DISSEMINATION FEE OCT25
937	202510 310-51300-51000	*	.78

202510 310-51300-42000	*	102.70	
202510 310-51300-42500	*	286.80	
202510 320-53800-12000	*	2,202.50	

OFFICE SUPPLIES 937
POSTAGE 937
COPIES 938
FIELD MANAGEMENT OCT25
GOVERNMENTAL MANAGEMENT SERVICES	8,401.12 001567
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/16/25 00038 10/15/25 146467	202509 310-51300-31500	*	1,403.88
MTG/G.PUMP AGR/UTIL.MAINT
LATHAM LUNA EDEN & BEAUDINE LLP	1,403.88 001568
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/16/25 00003	9/25/25 12477216 202510 310-51300-48000	*	279.50
NOT.OF FY25 MEETING DATES
ORLANDO SENTINEL	279.50 001569
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	63,656.61
TOTAL FOR REGISTER	63,656.61

PISL BELLA COLLINA	TVISCARRA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/04/25 00047	8/31/25 230563	202508 320-53600-47200	*	108.00
AQUATIC PLANT MGMT AUG25
APPLIED AQUATIC MANAGEMENT	108.00 002501
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/04/25 00042	9/01/25 4815	202508 310-53600-31100	*	11,596.40

- - - - - - - -	- - - - - - -	BOYD ENVIRONMENTAL ENGINEERING
- - - - - - - - - - - - - - - - - - - - - - - - - - -	INC
- -	-	-	- -	-	-	-	-	-	-	- - - -	11,596.40
- - - - -	002502
- - -	
9/04/25 00082	8/31/25 7099
LOT
8/31/25 7100	202508 320-53600-47000
202508 320-53600-47000				*
*							250.00
250.00			
	LOT	304W-REINSPECTION FEE														

WTR USE/PRSR MONITOR/PRMT

289W-REINSPECTION FEE

MESSINA AND ASSOCIATES INC	500.00 002503
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/04/25 00105	9/01/25 1127	202509 320-53600-47300	*	908.50
WW/WELL STIE MAINT SEP25
THOMPSONS NURSERY INC	908.50 002504
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/04/25 00110	7/25/25 1942	202507 320-53600-46400	*	435.00
16340PENDIO-WYE/COUP/CSTP
UTILITY REPAIR EXPERTS LLC	435.00 002505
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00037	8/22/25 101259	202508 320-53600-46600	*	715.00
RMV TRSH/CLN LFTSTN-TENNS
8/22/25 101259	202508 320-53600-46600	*	55.00
FUEL SURCHARGE
AMERICAN PIPE AND TANK INC	770.00 002506
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00070	5/08/25 I76779	202505 320-53600-46700	*	1,536.66 INST.EXT.THERMOSTAT/HOSE
ALTERNATIVE POWER SOLUTIONS INC	1,536.66 002507
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00019	8/03/25 344941	202507 320-53600-34000	*	3,383.00
WATER PLANT SERVICE JUL25
8/03/25 344941	202507 320-53600-34200	*	7,950.00
SEWER PLANT SERVICE JUL25
8/03/25 344941	202507 320-53600-46800	*	1,659.00
TEST ANALYSIS PERMIT JUL
8/03/25 344941	202507 320-53600-47500	*	318.87
CHLORINE STIX/HYPOCHL TST
GENERAL UTILITIES	13,310.87 002508
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00095	8/18/25 13865	202508 320-53600-46400	*	3,541.00
INST/REINST.PRSR RECORDER
8/18/25 15574	202508 320-53600-46400	*	370.00
LOT 24E-RPLC CRBSTP/H.BIB
PISL BELLA COLLINA	TVISCARRA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/18/25 15611	202508 320-53600-47000	*	886.00
16009 VOLTERRA-CLN FLOATS
8/18/25 15640	202508 320-53600-47000	*	1,231.00
15313 PENDIO-RPLC STATOR
8/18/25 15664	202508 320-53600-46400	*	216.00
15345 PENDIO-RPR BRKN PIP
8/20/25 15575	202508 320-53600-46400	*	355.00
LOT 423E-RPR BCKFLW/WHIP
8/20/25 15587	202508 320-53600-46200	*	818.00
LOT 412-INST.POTABLE MTR
8/20/25 15587	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/20/25 15587	202508 320-53600-46200	*	818.00
LOT 412-INST.IRRG.METER
8/20/25 15587	202508 320-53600-46200	*	34.75
INSTALL IRRGIATION MTR BX
8/20/25 15587	202508 320-53600-46400	*	180.00
LOT 412-EXTEND IRRIG.WHIP
8/20/25 15589	202508 320-53600-46200	*	818.00
LOT 414-INST.POTABLE MTR
8/20/25 15589	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/20/25 15589	202508 320-53600-46200	*	818.00
LOT 414-INST.IRRIG.METER
8/20/25 15589	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/20/25 15589	202508 320-53600-46400	*	290.00
LOT 414-EXTEND IRRIG WHIP
8/20/25 15590	202508 320-53600-46200	*	818.00
LOT 420-INST.POTABLE MTR
8/20/25 15590	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/20/25 15590	202508 320-53600-46200	*	818.00
LOT 420-INST.IRRIG.METER
8/20/25 15590	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/20/25 15590	202508 320-53600-46400	*	431.00
LOT 420-EXTEND BOTH WHIPS
8/22/25 15663	202508 320-53600-47000	*	471.00
15341 PENDIO-TRBLSHT/CLN
8/27/25 15518	202508 320-53600-46200	*	733.00
LOT 286W-INST.POT.METER
8/27/25 15518	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/27/25 15518	202508 320-53600-46200	*	733.00
LOT 286W-INST.IRRG.METER
PISL BELLA COLLINA	TVISCARRA

CHECK	VEND#	.....INVOICE.....	...EXPENSED TO...	VENDOR	NAME	STATUS	AMOUNT	....CHECK.....	
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#	
8/27/25	15518	202508 320-53600-46200	*	34.75	
8/27/25	INSTALL
15518	IRRIGATION MTR BX
202508 320-53600-46400	*	154.00	
8/27/25	LOT 268W-EXTEND POT.WHIP
15655	202508 320-53600-47000		*	5,182.00	
8/27/25	15723 VETTA-RPLC PUMP/CLN
15667	202508 320-53600-47000		*	2,689.00	
8/27/25	15508 PENDIO-RPLC STRT PK
15687	202508 320-53600-46200		*	818.00	
8/27/25	LOT 126-INST.POTABLE MTR
15687	202508 320-53600-46200		*	45.00	
8/27/25	INSTALL POTABLE METER BOX
15687	202508 320-53600-46200		*	818.00	
8/27/25	LOT 126-INST.IRRIG.METER
15687	202508 320-53600-46200		*	34.75	
8/27/25	INSTALL IRRIGATION MTR BX
15687	202508 320-53600-46400		*	147.00	
8/27/25	LOT 126-EXTEND POT.WHIP
15688	202508 320-53600-46200		*	818.00	
8/27/25	LOT 203-INST.POTABLE MTR
15688	202508 320-53600-46200		*	45.00	
8/27/25	INSTALL POTABLE METER BOX
15688	202508 320-53600-46200		*	818.00	
8/27/25	LOT 203-INST.IRRIG.METER
15688	202508 320-53600-46200		*	34.75	
8/27/25	INSTALL IRRIGATION MTR BX
15688	202508 320-53600-46400		*	156.00	
8/27/25	LOT 203-EXTEND POT.WHIP
15700	202508 320-53600-46400		*	105.00	
8/27/25
8/27/25	15706	202508 320-53600-47000
15737	202508 320-53600-47000		*
*	344.00
758.00	
8/28/25	17129 CRETE-CLN/RPLC ALRM
15741	202508 320-53600-47000		*	721.00	
8/28/25	LOT 129W-RPLC STATOR/TEST
15754	202508 320-53600-47000		*	280.00	
9/04/25	15808 PENDIO-ADJ.FLT/TEST
15733	202509 320-53600-46200		*	818.00	
9/04/25	LOT 227-INST.POTABLE MTR
15733	202509 320-53600-46200		*	45.00	
9/04/25	INSTALL POTABLE METER BOX
15733	202509 320-53600-46200		*	818.00	
9/04/25	LOT 227-INST.IRRIG.METER
15733	202509 320-53600-46200		*	34.75	
	INSTALL IRRIGATION MTR BX				
	PISL BELLA	COLLINA	TVISCARRA			

LOT 404-EXTEND IRRIG.WHIP 15808 PENDIO-ADJUST FLOAT

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/04/25 15733	202509 320-53600-46400	*	163.00
LOT 227-EXTEND POT.WHIP
RCM UTILITIES	30,510.25 002512

9/11/25 00110	9/02/25	
	9/02/25	
	9/03/25	
	9/03/25	
	9/03/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1987	202508 320-53600-46400	*	2,700.00
PI WTP-INST.WIRE/ELEC.FLX
1988	202508 320-53600-46400	*	375.00
15549 PENDIO-VERIFY RECLM
1989	202508 320-53600-46400	*	525.00
16202 VETTA-RPLC CURB STP
1990	202508 320-53600-46400	*	655.00
16203 VETTA-INST.CS/COUP
1991	202508 320-53600-46400	*	705.00
SIENNA TWR-SET PUMP/DEBRS
UTILITY REPAIR EXPERTS LLC	4,960.00 002513
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/25 00070	8/25/25 I78540	202508 320-53600-46700	*	375.19
WTP2-EXERCISE CLCK-30 MIN
ALTERNATIVE POWER SOLUTIONS INC	375.19 002514
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/25 00076	9/09/25 14926300 202509 320-53600-46400	*	68.48
WW TREAT PLNT-DRAIN/RESTR
FRANK'S AIR CONDITIONING, INC.	68.48 002515

9/16/25 00014	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
931	202509 320-53600-46000	*	4,166.67
UTILITY BILLING SEP25
931	202509 310-53600-51000	*	9.60
OFFICE SUPPLIES
931	202509 310-53600-42000	*	236.32
POSTAGE
931A	202508 310-53600-51000	*	57.40
OFFICE DEPOT-ENVLP/LABELS
932	202509 320-53600-12000	*	4,166.67
FIELD MANAGEMENT SEP25
933	202509 310-51300-34000	*	1,389.75
MANAGEMENT FEES SEP25
933	202509 310-51300-35100	*	105.00
INFORMATION TECH SEP25
GOVERNMENTAL MANAGEMENT SERVICES	10,131.41 002516
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/25 99999	9/16/25 VOID	202509 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 002517
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/25 00095	9/04/25 15793	202509 320-53600-46200	*	733.00
17101 CRETE-RPLC IRRG.MTR
PISL BELLA COLLINA	TVISCARRA

DATE	DATE	
	9/09/25	
	9/09/25	
	9/09/25	
	9/09/25	
	9/09/25	
	9/09/25	
	9/09/25	
	9/09/25	
	9/10/25	
	9/10/25	
	9/10/25	
	9/10/25	
	9/11/25	

	AMOUNT	#	
*	818.00			
*	34.75			
*	733.00			
*	45.00			
*	361.00			
*	1,453.00			
*	733.00			
*	733.00			
*	1,012.00			
*	981.00			
*	785.00			
*	535.00			
*	408.00			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
15732	202509 320-53600-46200
LOT 114-INST.IRRG.METER
15732	202509 320-53600-46200
INSTALL IRRIGATION MTR BX 15732	202509 320-53600-46200
LOT 114-INST.POTABLE MTR
15732	202509 320-53600-46200
INSTALL POTABLE METER BOX 15732	202509 320-53600-46400
LOT 114-FIND/EXTEND WHIP
15764	202508 320-53600-47000
LOT 161-RPLC STATOR/PUMP
15794	202509 320-53600-46200
15231 PENDIO-RPLC IRG.MTR
15795	202509 320-53600-46200
16100 VETTA-RPLC POT.MTR
15787	202509 320-53600-47000
16222 VOLTERR-CLN FLT/STN
15814	202509 320-53600-47000
LOT 54A-HOA SWTCH/WSH STN 15838	202509 320-53600-47000
16115 VOLT-DERAG/STATOR
15852	202509 320-53600-47000
LOT 14-TRBLSHOOT/ADJ.FLTS 15843	202509 320-53600-47000
16202 VOLTERRA-CLN FLOATS
RCM UTILITIES	9,364.75 002518
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/22/25 00059	9/19/25 29755	202509 300-15500-10000	*	47,549.00
FY26 PROPERTY INSURANCE
EGIS INSURANCE ADVISORS,LLC	47,549.00 002519
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/25/25 00037	9/23/25 101669	202509 320-53600-46600	*	715.00
RMV TRSH/CLN LFTSTN-TENNS
9/23/25 101669	202509 320-53600-46600	*	55.00
FUEL SURCHARGE
AMERICAN PIPE AND TANK INC	770.00 002520
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/25/25 00095	9/17/25 15758	202508 320-53600-47000	*	4,580.00
15938 PENDI-RPLC BAD PUMP
9/17/25 15845	202509 320-53600-46400	*	288.00
16989 LUCCA-RPLC METER BX
9/17/25 15849	202509 320-53600-46200	*	818.00
LOT 83-INST.IRRIGAT.METER
9/17/25 15849	202509 320-53600-46200	*	34.75
INST.IRRIGATION METER BOX
PISL BELLA COLLINA	TVISCARRA

DATE	DATE	
	9/17/25	
	9/17/25	
	9/17/25	
	9/19/25	
	9/19/25	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
15850	202509 320-53600-46200	*	733.00
LOT 83-INST.POTABLE METER
15850	202509 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
15850	202509 320-53600-46400	*	557.00
LOT 83-EXTND POTABLE WHIP
15939	202509 320-53600-47100	*	420.00
15508 PENDIO-JET CLN WELL
15940	202509 320-53600-47100	*	420.00
16024 PENDIO-JET CLN WELL
RCM UTILITIES	7,895.75 002521
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/29/25 00059	9/24/25 29894	202509 300-15500-10000	*	32,050.00
FY26 POLLUTION LIABILITY
EGIS INSURANCE ADVISORS,LLC	32,050.00 002522
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/25 00082	9/20/25 7194	202509 320-53600-47000	*	2,585.63
ZOELLER PMP SN:Z256CH2033
MESSINA AND ASSOCIATES INC	2,585.63 002523
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/25 00095	9/24/25 15994	202509 320-53600-47100	*	420.00
16115 VOLTER-JET CLN LIFT
9/24/25 15995	202509 320-53600-47100	*	420.00
LOT 184W-JET CLEAN LFTSTN
9/24/25 15996	202509 320-53600-47100	*	420.00
17129 CRETE-JET CLN LIFT
9/24/25 15997	202509 320-53600-47100	*	420.00
16009 VOLTER-JET CLN LIFT
RCM UTILITIES	1,680.00 002524

10/01/25 00110	9/24/25	
	9/24/25	
	9/24/25	
	9/24/25	
	9/24/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2005	202509 320-53600-46400	*	1,460.00
15341 PENDIO-2COUP/5FTPLY
2006	202509 320-53600-46400	*	917.00
HILLCREST WTP-COMP.COUPLG
2007	202509 320-53600-46400	*	559.00
15642 PENDIO-DUALCHK/ADPT
2008	202509 320-53600-46400	*	542.00
17352 PESCE-INST.CURBSTOP
2009	202509 320-53600-46400	*	2,990.00
17106 MEDICI-TRAFFIC KIT
UTILITY REPAIR EXPERTS LLC	6,468.00 002525
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00047	9/30/25 231277	202509 320-53600-47200	*	108.00
AQUATIC PLANT MGMT SEP25
APPLIED AQUATIC MANAGEMENT	108.00 002526
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
PISL BELLA COLLINA	TVISCARRA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/09/25 00070	9/26/25 I78446	202509 320-53600-46700	*	396.00
ANNUAL MAJOR PMI FEE WTP1
9/26/25 I78447	202509 320-53600-46700	*	396.00
ANNUAL MAJOR PMI FEE WWTP
ALTERNATIVE POWER SOLUTIONS INC	792.00 002527
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00042 10/01/25 4826	202509 310-53600-31100	*	16,249.00
WTR USE/VLV MAP/FLSH ASSM
BOYD ENVIRONMENTAL ENGINEERING INC	16,249.00 002528
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00111 10/01/25 32940637 202510 320-53600-46300	*	1,522.79
541.40 PROPANE/COMPLIANCE
BLOSSMAN GAS & APPLIANCE	1,522.79 002529
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 99999 10/09/25 VOID	202510 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 002530
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00095 10/01/25 15944	202509 320-53600-46400	*	1,355.00
LOT 66A-INST.BALL VLV/HK
10/01/25 15964	202509 320-53600-47000	*	844.00
16302 RAVENNA-RPLC STATOR
10/01/25 15968	202509 320-53600-47000	*	1,256.00
16006 VETTA-RPLC CAPACITR
10/01/25 15969	202509 320-53600-47000	*	408.00
LOT 433-CLEAN FLOAT/INSP.
10/01/25 15974	202509 320-53600-47000	*	272.00
LOT 216-CLEAN FLOATS/TEST
10/01/25 15976	202509 320-53600-46200	*	818.00
LOT 4-INST.POTABLE METER
10/01/25 15976	202509 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
10/01/25 15976	202509 320-53600-46200	*	818.00
LOT 4-INST.IRRIGATION MTR
10/01/25 15976	202509 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
10/01/25 15977	202510 320-53600-46200	*	818.00
LOT 45-INST.POTABLE METER
10/01/25 15977	202510 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
10/01/25 15977	202510 320-53600-46200	*	818.00
LOT45-INST.IRRIGATION MTR
10/01/25 15977	202510 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
10/01/25 15978	202509 320-53600-46200	*	818.00
LOT 245-INST.POTABLE MTR
PISL BELLA COLLINA	TVISCARRA

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
	10/01/25	15978	202509 320-53600-46200	*	45.00			
10/01/25	INSTALL POTABLE METER BOX
15978	202509 320-53600-46200	*	818.00	
	LOT 245-INST.IRRIG.METER			
10/01/25	15978	202509 320-53600-46200	*	34.75	
	INSTALL IRRIGATION MTR BX			
10/01/25	15980	202509 320-53600-47000	*	968.00	
	PRESSURE RECORD-WO250984			
10/01/25	16034	202509 320-53600-47000	*	613.00	
	LOT 311-RPLC DISCHRG HOSE			
10/03/25	16063	202509 320-53600-46400	*	2,295.00	
	LOT 66A-EMERG.CLN SWR LNE			
10/06/25	16094	202510 320-53600-46400	*	1,001.00	
	LOT 130-EXTEND SEWER WHIP			

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

RCM UTILITIES	14,159.25 002531
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/09/25 00105 10/01/25 1128	202510 320-53600-47300	*	908.50
WW/WELL SITE MAINT OCT25
THOMPSONS NURSERY INC	908.50 002532
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/16/25 00070 10/07/25 I78448	202510 320-53600-46700	*	510.00

ALTERNATIVE POWER SOLUTIONS INC	510.00	002533	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	-	- - - -	-	- - - -	- - -	
10/16/25 00014 10/01/25 935	202510 310-51300-34000	*	1,431.42	
MANAGEMENT FEES OCT25	
10/01/25 935	202510 310-51300-35100	*	108.17	
INFORMATION TECH OCT25	
10/01/25 936	202510 320-53600-12000	*	6,250.00	
10/01/25 939	202510 320-53600-46000	*	6,250.00	
UTILITY BILLING OCT25	
10/01/25	939	202510 310-53600-51000	*	9.93	
OFFICE SUPPLIES	
10/01/25	939	202510 310-53600-42000	*	283.13	
POSTAGE	
10/01/25	939A	202509 310-53600-51000	*	48.23	

ANNUAL MAJOR PMI FEE-WTP2

FIELD MANAGEMENT OCT25

OFFICE DEPOT-ENVLP/B.PAPR
GOVERNMENTAL MANAGEMENT SERVICES	14,380.88 002534
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/16/25 00019	9/03/25 345144	202508 320-53600-34000	*	2,985.00
WATER PLANT SERVICE AUG25
9/03/25 345144	202508 320-53600-34200	*	7,950.00
SEWER PLANT SERVICE AUG25
9/03/25 345144	202508 320-53600-46800	*	1,521.00
TEST ANALYSIS PERMIT AUG
PISL BELLA COLLINA	TVISCARRA

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS		AMOUNT	....CHECK.....
AMOUNT	#	
	9/03/25 345144	202508 320-53600-46400	*		4,788.87	

- - - - - - - -	WS REPAIR & MAINT AUG25
GENERAL UTILITIES
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	
- - - -	
- - - - -	17,244.87 002535
- - - - - - - - - - - - -	
10/16/25 00095	10/09/25 16028	202510 320-53600-47000
10/10/25 16122	202510 320-53600-46400	*
*		5,352.00
1,001.00	
	LOT 410-EXTEND SEWER WHIP
RCM UTILITIES			6,353.00 002536	
- - - - - - - - 10/23/25 00095	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/17/25 16051	202510 320-53600-47000
10/18/25 16102	202510 320-53600-47000	- - - -
*
*	- - - - -	- - - - - - - - - - - - -
1,231.00
631.00	
	15409 PENDIO-RPLC FLOATS
RCM UTILITIES			1,862.00 002537	
- - - - - - - - 10/23/25 00110	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/13/25 2039	202510 320-53600-46400	- - - -
*	- - - - -	- - - - - - - - - - - - -
1,199.00	
	10/13/25 2040	202510 300-13100-10300
UTILITY REPAIR EXPERTS LLC	*		1,354.00
2,553.00 002538	
- - - - - - - - 10/23/25 00109

- - - - - - - - 10/30/25 00037	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/23/25 010-6391 202509 310-53600-52000
WILLDAN FINANCIAL SERVICES
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/21/25 101970	202510 320-53600-46600
10/21/25 101970	202510 320-53600-46600	- - - -
*

- - - -
*
*	- - - - -

- - - - -	- - - - - - - - - - - - -
1,520.00
1,520.00 002539
- - - - - - - - - - - - -
1,415.00
55.00	
- - - - - - - -	AMERICAN PIPE AND TANK INC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - -	1,470.00 002540
- - - - - - - - - - - - -	
10/30/25 00070	10/10/25 I79236	202510 320-53600-46700
ALTERNATIVE POWER SOLUTIONS INC	*		805.00
805.00 002541	
- - - - - - - - 10/30/25 00118

- - - - - - - - 10/30/25 00019	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/25 7126164	202510 320-53600-46400
FORTILINE INC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/03/25 345322	202509 320-53600-34000
10/03/25 345322	202509 320-53600-34200	- - - -
*

- - - -
*
*	- - - - -

- - - - -	- - - - - - - - - - - - -
162.60
162.60 002542
- - - - - - - - - - - - -
2,985.00
7,950.00	
	SEWER PLANT SERVICE SEP25
10/03/25 345322	202509 320-53600-46800	*		1,590.00	
	TEST ANALYSIS PERMIT SEP				

LOT 202-SWR PIPE/STATOR

15951 VETTA-TS/RPLC ST.PK

16000 PENDIO-PVC COUP/BUS

FINAL-FIN.RATE STUDY/HEAR

RMV TRASH/JETCLN 2 LFTSTN FUEL SURCHARGE

WELL1-MAN.SWTCH/LUBE COIL

5-1" CPLG PJCXPJC NO LEAD

WATER PLANT SERVICE SEP25

PISL BELLA COLLINA	TVISCARRA

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		STATUS	AMOUNT	....CHECK.....
AMOUNT	#	
	10/03/25 345322	202509 320-53600-47500
10/03/25 345322	202509 320-53600-46300		*
*	369.81
120.00	
	20GAL-DIESEL FUEL FOR GEN
GENERAL UTILITIES			13,014.81 002543	
- - - - - - - - 10/30/25 00082

- - - - - - - - 10/30/25 00095	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/23/25 7343	202510 320-53600-47000
MESSINA AND ASSOCIATES INC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/16/25 16092	202510 320-53600-47000
10/26/25 16123	202510 320-53600-46200	- - - -

- - - -	- - - - - - - - -
*

- - - - - - - - -
*
*	- - - - - - - - - - - - -
456.00
456.00 002544
- - - - - - - - - - - - -
2,575.00
733.00	
	16020 PENDIO-RPLC IRG MTR
10/26/25 16124	202510 320-53600-46200		*	818.00	
	LOT 349-RPLC POTABLE MTR
10/26/25 16126	202510 320-53600-46200		*	733.00	
	LOT 312W-RPLC POTABLE MTR
10/26/25 16127	202510 320-53600-46200		*	818.00	
	LOT 122-INST.IRRG.METER
10/26/25 16127	202510 320-53600-46200		*	34.75	
	INSTALL IRRIGATION MTR BX
10/26/25 16128	202510 320-53600-46200		*	733.00	
	LOT 122-INST.POTABLE MTR
10/26/25 16128	202510 320-53600-46200		*	45.00	
	INSTALL POTABLE METER BOX
10/26/25 16161	202510 320-53600-47000		*	694.00	
	16933 CRETE-CLN FLOAT/TST
10/26/25 16204	202510 320-53600-47000		*	1,066.00	
	10/26/25 16292	202510 320-53600-47100
RCM UTILITIES		*	420.00
8,669.75 002545	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - - - - - -	- - - - - - - - - - - - -	

CHLORINE STIX/TEST/CHLORN

LOT 45-FIBERGLASS RISER

LOT 132-SV CALL-WHIP INSP

16812 BOLSENA-CAPACITOR
16933 CRETE-JET CLN LIFT

TOTAL FOR BANK B	286,315.34
TOTAL FOR REGISTER	286,315.34

PISL BELLA COLLINA	TVISCARRA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	NAME	STATUS	AMOUNT	....CHECK.....
AMOUNT	#	
9/11/25 00001	8/11/25 345090	202507 320-53600-60000
8/23/25 345177	202508 320-53600-60000		*
*	10,185.68
5,092.84	
PUMP#2-INST.SWING CHK VLV
GENERAL UTILITIES			15,278.52 000059	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00009	8/21/25 15602	202508 320-53600-60000
RCM UTILITIES
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -

- - - - -	- - - - - - - - - - -
*

- - - - - - - - - - -	- - - - - - - - - - - - - -
11,418.00
11,418.00 000060
- - - - - - - - - - - - - -	
	TOTAL FOR	BANK D	26,696.52	
	TOTAL FOR	REGISTER	26,696.52	

PUMP#1&3-INST.CHECK VALVE

15930 PENDIO-RMV TREE/PIP

PISL BELLA COLLINA	TVISCARRA

Section 2

Bella Collina
Community Development District

Unaudited Financial Reporting
September 30, 2025

Table of Contents

1

2

3

4

5

6

7

8-9

10-11

12

13

14

	Balance Sheet

	General Fund Income Statement

	General Fund Month to Month

	GF Capital Reserve Income Statement

	Debt Service Fund Series 2004 Income Statement

	Debt Service Fund Series 2024 Income Statement

	Capital Projects Fund Series 2024 Income Statement

	Water & Sewer Income Statement

	Water & Sewer Month to Month

	WS Capital Reserve Income Statement

	Long Term Debt Summary

	Assessment Receipt Schedule

15		Construction Schedule Series 2024

Bella Collina
Community Development District Balance Sheet
September 30, 2025

	General Fund	Capital Reserve
- (GF) Fund	Debt Service Fund	Capital Projects Fund	Water & Sewer Fund	Capital Reserve
- (W&S) Fund	Totals Governmental Funds	
Assets:
Cash - Truist Bank	

$	51,000	

$	12,296	

$	-	

$	-	

$	890,707	

$	13,794	

$	967,797	
Assessment Receivables	312	-	1,980	-	124	-	2,416	
Investments:							
Series 2004							
Reserve	-	-	737,909	-	-	-	737,909	
Revenue	-	-	303,752	-	-	-	303,752	
Interest	-	-	67	-	-	-	67	
Prepayment	-	-	400	-	-	-	400	
Redemption	-	-	1,152	-	-	-	1,152	
Escrow RAF	-	-	-	-	81,833	-	81,833	
Series 2024							
Reserve	-	-	400,409	-	-	-	400,409	
Revenue	-	-	-	-	-	-	-	
Capitalized Interest	-	-	316,714	-	-	-	316,714	
Construction	-	-	-	4,757,211	-	-	4,757,211	
Cost of Issuance	-	-	-	2	-	-	2	
State Board of Administration	123,332	561,598	-	-	433,153	1,929,906	3,047,989	
Accounts Receivable	-	-	-	-	121,704	-	121,704	
Due From General Fund	-	-	-	-	-	-	-	
Due from Other	-	-	-	-	19,083	-	19,083	
Prepaid Expenses	17,816	-	-	-	79,599	-	97,415	
Prepaid Expenses - Grinder Pumps	-	-	-	-	70,378	-	70,378	
Net Improvements	-	-	-	-	5,125,592	-	5,125,592	
Total Assets	$	192,461	$	573,894	$	1,762,384	$	4,757,213	$	6,822,172	$	1,943,700	$	16,051,824	
Liabilities:								
Accounts Payable	$	8,618	$	-	$	-	$	152,221	$	71,153	$	-	$	231,992	
Contracts Payable	-	-	-	67,618	-	-	67,618	
Due to Developer - Escrow	-	-	-	-	284,946	-	284,946	
Due to Developer - Guarantee Connections	-	-	-	-	3,271,160	-	3,271,160	
Deferred Revenue - Grinder Pump	-	-	-	-	279,381	-	279,381	
Total Liabilities	$	8,618	$	-	$	-	$	219,839	$	3,906,640	$	-	$	4,135,098	

Fund Balances:
Restricted For Debt Service 2004	$	-	$	-	$	1,045,261	$	-	

$	-	$	-	$	1,045,261	
Restricted For Debt Service 2024	-	-	717,123	-	-	-	717,123	
Restricted For Capital Projects	-	-	-	4,537,374	78,529	-	4,615,903	
Invested in Capital Assets, Net of Related Debt	-	-	-	-	(467,863)	-	(467,863)	
Unrestricted	-	573,894	-	-	3,304,866	1,943,700	5,822,460	
Unassigned	183,843	-	-	-	-	-	183,843	
Total Fund Balances	$	183,843	$	573,894	$	1,762,384	$	4,537,374	$	2,915,532	$	1,943,700	$	11,916,727	
								
Total Liabilities & Fund Equity	$	192,461	$	573,894	$	1,762,384	$	4,757,213	$	6,822,172	$	1,943,700	$	16,051,824	
			1					

Bella Collina
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	$	200,649	$	200,649	$	202,965	$	2,316	
Interest	3,000	3,000	5,706	2,706	
Total Revenues	$	203,649	$	203,649	$	208,671	$	5,022	

Expenditures:					
Administrative:					
Supervisor Fees	$	6,000	$	6,000	$	9,600	$	(3,600)	
FICA Expense	459	459	734	(275)	
Engineering Fees	8,000	8,000	12,268	(4,268)	
Attorney	10,000	10,000	22,334	(12,334)	
Arbitrage	600	600	600	-	
Dissemination	6,150	6,150	6,650	(500)	
Annual Audit	2,713	2,713	2,625	88	
Trustee Fees	7,000	7,000	3,500	3,500	
Assessment Administration	6,750	6,750	6,750	-	
Management Fees	58,369	58,369	58,369	0	
Information Technology	1,890	1,890	1,890	-	
Website Maintenance	1,260	1,260	1,260	-	
Telephone	100	100	-	100	
Postage	1,500	1,500	872	628	
Printing & Binding	1,000	1,000	66	934	
Insurance	10,000	10,000	9,921	79	
Legal Advertising	1,500	1,500	6,065	(4,565)	
Other Current Charges	487	487	155	332	
Office Supplies	200	200	65	135	
Dues, Licenses & Subscriptions	175	175	175	-	
Total Administrative:	$	124,153	$	124,153	$	143,899	$	(19,746)	
Operations & Maintenance					
Field Services	$	25,660	$	25,660	$	25,660	$	0	
Pond Maintenance	36,498	36,498	36,498	-	
Stormwater Repairs & Maintenance	10,000	10,000	5,811	4,189	
Total Operations & Maintenance:	$	72,158	$	72,158	$	67,969	$	4,189	
Reserves					
Capital Reserve Transfer	$	7,338	$	7,338	$	7,338	$	-	
Total Reserves	$	7,338	$	7,338	$	7,338	$	-	
					
Total Expenditures	$	203,649	$	203,649	$	219,205	$	(15,556)	
					
Excess Revenues (Expenditures)	$	-		$	(10,534)		
					
Fund Balance - Beginning	$	-		$	194,376		
					
Fund Balance - Ending	$	-		$	183,843		

2

Bella Collina
Community Development District Month to Month
	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Revenues:														
Special Assessments	$	-	$	20,535	$	133,740	$	5,487	$	8,640	$	2,084	$	7,096	$	7,730	$	17,340	$	-	$	-	$	312	$	202,965	
Interest	632	541	474	463	417	460	445	461	446	462	462	444	5,706	
Total Revenues	$	632	$	21,077	$  134,214	$	5,950	$	9,056	$	2,544	$	7,541	$	8,191	$	17,786	$	462	$	462	$	756	$	208,671	

Expenditures:														
Administrative:
Supervisor Fees	
$	-	
$	800	
$	800	
$	600	
$	600	
$	600	
$	1,400	
$	-	
$	2,000	
$	800	
$	1,000	
$	1,000	
$	9,600	
FICA Expense	-	61	61	46	46	46	107	-	153	61	77	77	734	
Engineering Fees	-	603	910	715	260	195	260	570	1,479	650	1,880	4,745	12,268	
Attorney	3,703	2,025	1,294	2,700	1,520	2,865	1,587	135	2,036	1,420	1,645	1,404	22,334	
Arbitrage	-	-	-	600	-	-	-	-	-	-	-	-	600	
Dissemination	513	513	513	513	513	513	513	513	513	1,013	513	513	6,650	
Annual Audit	-	-	-	-	-	-	-	-	2,625	-	-	-	2,625	
Trustee Fees	-	3,500	-	-	-	-	-	-	-	-	-	-	3,500	
Assessment Administration	6,750	-	-	-	-	-	-	-	-	-	-	-	6,750	
Management Fees	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	58,369	
Information Technology	158	158	158	158	158	158	158	158	158	158	158	158	1,890	
Website Maintenance	105	105	105	105	105	105	105	105	105	105	105	105	1,260	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage	27	47	37	62	160	240	37	30	63	123	5	41	872	
Printing & Binding	5	3	22	1	-	16	6	1	1	-	8	4	66	
Insurance	9,921	-	-	-	-	-	-	-	-	-	-	-	9,921	
Legal Advertising	915	235	915	-	-	-	253	-	595	870	2,282	-	6,065	
Other Current Charges	-	-	-	-	-	-	105	-	-	50	-	-	155	
Office Supplies	0	0	53	9	1	0	0	0	0	0	0	0	65	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total Administrative:	$	27,135	$	12,913	$	9,731	$	10,372	$	8,226	$	9,601	$	9,394	$	6,376	$	14,591	$	10,114	$	12,536	$	12,909	$	143,899	

Operations & Maintenance
Field Services	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	25,660	
Pond Maintenance	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	36,498	
Stormwater Repairs & Maintenance	-	-	-	-	-	-	-	3,341	-	2,469	-	-	5,811	
Total Operations & Maintenance:	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	8,521	$	5,180	$	7,649	$	5,180	$	5,180	$	67,969	

Reserves														
Capital Reserve Transfer	$	-	$	-	$	7,338	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	7,338	
Total Reserves	$	-	$	-	$	7,338	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	7,338	
														
Total Expenditures	$	32,315	$	18,093	$	22,249	$	15,552	$	13,405	$	14,780	$	14,574	$	14,897	$	19,771	$	17,763	$	17,716	$	18,089	$	219,205	
														
Excess Revenues (Expenditures)	$	(31,683)	$	2,983	$	111,965	$	(9,602)	$	(4,349)	$	(12,236)	$	(7,033)	$	(6,706)	$	(1,984)	$	(17,302)	$	(17,254)	$	(17,333)	$	(10,534)	

3

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:		
Transfer In	$	7,338	$	7,338	$	7,338	$	-	
Interest	22,500	22,500	25,017	2,517	
Total Revenues	$	29,838	$	29,838	$	32,355	$	2,517	

Expenditures:					
Contingency	$	600	$	600	$	450	$	150	
Capital Outlay	-	-	-	-	
Total Expenditures	$	600	$	600	$	450	$	150	
					
Excess Revenues (Expenditures)	$	29,238	$	29,238	$	31,905		
					
Fund Balance - Beginning	$	541,704		$	541,990		
					
Fund Balance - Ending	$	570,942		$	573,894		

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	$	1,269,901	$	1,269,901	$	1,284,575	$	14,674	
Interest	75,000	75,000	58,742	(16,258)	
Total Revenues	$	1,344,901	$	1,344,901	$	1,343,318	$	(1,583)	

Expenditures:					
Series 2004
Interest - 11/01	

$	321,138	

$	321,138	

$	321,138	

$	-	
Special Call - 11/01	830,000	830,000	870,000	(40,000)	
Principal - 05/01	695,000	695,000	750,000	(55,000)	
Interest - 05/01	297,275	297,275	296,125	1,150	
Special Call - 05/01	-	-	50,000	(50,000)	
Total Expenditures	$	2,143,413	$	2,143,413	$	2,287,263	$	(143,850)	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	(798,512)		$	(943,945)		
					
Fund Balance - Beginning	$	1,096,654		$	1,989,205		
					
Fund Balance - Ending	$	298,143		$	1,045,261		

Community Development District Debt Service Fund - Series 2024
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:					
Interest	$	-	$	-	$	34,768	$	34,768	
Total Revenues	$	-	$	-	$	34,768	$	34,768	

Expenditures:					
Series 2024
Interest - 11/01	

$	72,671	

$	72,671	

$	72,671	

$	(0)	
Principal - 05/01	-	-	-	-	
Interest - 05/01	297,289	297,289	297,289	-	
Total Expenditures	$	369,959	$	369,959	$	369,959	$	(0)	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	(369,959)		$	(335,192)		
					
Fund Balance - Beginning	$	667,248		$	1,052,315		
					
Fund Balance - Ending	$	297,289		$	717,123		

Community Development District Capital Projects Fund - Series 2024
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:							
Interest	$		-	$		-	$	243,516	$	243,516	
Total Revenues	$		-	$		-	$	243,516	$	243,516	

Expenditures:							
Series 2024
Capital Outlay	

$		

-	$		

-	$	2,057,402	

$	(2,057,402)	
Total Expenditures	$		-	$		-	$	2,057,402	$	(2,057,402)	

Other Sources/(Uses)							
Transfer In/(Out)	$		-	$		-	$	-	$	-	
Total Other Financing Sources (Uses)	$		-	$		-	$	-	$	-	
							
Excess Revenues (Expenditures)	$		-		$	(1,813,886)		
							
Fund Balance - Beginning	$		-		$	6,351,260		
							
Fund Balance - Ending	$		-		$	4,537,374		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/25	Thru 09/30/25	Variance	
Revenues:					
Water Utility Revenue
Monthly Potable Water Consumption	

$	223,600	

$	223,600	

$	261,152	

$	37,552	
Monthly Wastewater Consumption	347,150	347,150	416,965	69,815	
Monthly Irrigation Consumption	588,400	588,400	698,052	109,652	
Special Assessments	79,919	79,919	80,285	366	
Miscellaneous Revenue	50,000	50,000	76,386	26,386	
Interest	18,000	18,000	38,913	20,913	
Total Revenues	$	1,307,069	$	1,307,069	$	1,571,753	$	264,684	

Expenditures:					
Administrative
Engineering Fees	

$	75,000	

$	75,000	

$	128,020	

$	(53,020)	
Attorney Fees	15,500	15,500	-	15,500	
Annual Audit	2,713	2,713	2,625	88	
Management Fees	16,677	16,677	16,677	-	
Information Technology	1,260	1,260	1,260	-	
Postage	2,250	2,250	2,707	(457)	
Printing & Binding	350	350	202	149	
Other Current Charges	600	600	1,217	(617)	
Office Supplies	750	750	496	254	
Dues, Licenses & Subscriptions	5,300	5,300	3,000	2,300	
Rate Study	-	-	3,020	(3,020)	
Total Administrative:	$	120,400	$	120,400	$	159,224	$	(38,824)	

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/25	Thru 09/30/25	Variance	
Operations & Maintenance					
Field Management	$	50,000	$	50,000	$	50,000	$	(0)	
Property Insurance	42,500	42,500	46,444	(3,944)	
Telephone	6,426	6,426	7,088	(662)	
Electric	70,000	70,000	73,944	(3,944)	
Trash Removal	5,630	5,630	5,331	299	
Landscape Maintenance	10,902	10,902	10,902	-	
Pond Maintenance	1,400	1,400	1,296	104	
Repairs & Maintenance	140,000	140,000	195,506	(55,506)	
Repairs & Maintenance - Grinder Pumps	70,000	70,000	270,170	(200,170)	
Grinder Pump Preventative Maintenance	40,000	40,000	34,717	5,283	
Water Plant Services (General Utilities)	65,000	65,000	38,901	26,099	
Wastewater Plant Services (General Utilities)	110,000	110,000	104,051	5,949	
Irrigation Plant Services (General Utilities)	31,200	31,200	-	31,200	
Sludge Disposal	15,000	15,000	-	15,000	
Contractual Services	50,000	50,000	50,000	(0)	
Fuel Expense	4,575	4,575	7,446	(2,871)	
Wastewater Testing & Analysis	25,000	25,000	22,343	2,657	
Operating Systems Maintenance	12,100	12,100	16,301	(4,201)	
Generator Maintenance	5,000	5,000	11,368	(6,368)	
Lighting	10,000	10,000	-	10,000	
Operating Supplies	1,500	1,500	10,982	(9,482)	
Total Operations & Maintenance:	$	766,233	$	766,233	$	956,788	$	(190,555)	
					
Total Expenditures	$	886,633	$	886,633	$	1,116,012	$	(229,379)	
					
Net Operating Income	$	420,436		$	455,741		

Non Operating Revenues/(Expenditures)					
Application Fees	$	-	$	-	$	6,925	$	6,925	
Meter Fees - Water	-	-	70,356	70,356	
Meter Fees - Irrigation	-	-	73,260	73,260	
Grinder Pump	-	-	498,316	498,316	
Connection Fees Revenue
Water System	
-	
-	
365,310	
365,310	
Wastewater System	-	-	192,720	192,720	
AFPI Charges
Water System	
-	
-	
66,198	
66,198	
Wastewater System	-	-	34,914	34,914	
Grinder Pump	-	-	(395,345)	(395,345)	
New Meter Install	-	-	(132,313)	(132,313)	
Transfer Out	(420,436)	(420,436)	(420,436)	(840,872)	
Total Non Operating Revenues (Expenditures)	$	(420,436)	$	(420,436)	$	359,905	$	(60,531)	
					
Change in Net Position	$	-		$	815,646		
					
Net Postion - Beginning	$	-		$	2,489,220		
					
Net Position - Ending	$	-		$	3,304,866		

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Revenues:														
Water Utility Revenue
Monthly Potable Water Consumption	
$	19,956	
$	22,651	
$	18,519	
$	20,077	
$	19,047	
$	22,330	
$	29,533	
$	24,627	
$	18,598	
$	21,411	
$	21,494	
$	22,908	
$	261,152	
Monthly Wastewater Consumption	32,347	34,481	33,304	33,987	33,115	36,303	39,355	36,275	32,945	33,753	35,110	35,990	416,965	
Monthly Irrigation Consumption	57,702	64,349	50,106	49,730	46,526	56,401	81,465	76,298	56,569	55,995	48,360	54,553	698,052	
Special Assessments	-	8,123	52,902	2,171	3,418	824	2,807	3,058	6,859	-	-	124	80,285	
Miscellaneous Revenue	7,147	12,156	10,703	5,261	4,844	4,989	4,260	5,703	4,399	6,695	4,372	5,857	76,386	
Interest	1,836	1,735	2,798	4,404	3,982	4,341	4,230	4,366	4,244	3,249	1,896	1,833	38,913	
Total Revenues	$  118,988	$  143,495	$  168,332	$  115,628	$  110,931	$  125,188	$  161,649	$  150,328	$  123,615	$  121,103	$  111,232	$  121,264	$  1,571,753	

Expenditures:														
Administrative
Engineering Fees	
$	13,334	
$	9,948	
$	5,921	
$	7,401	
$	5,863	
$	10,651	
$	18,984	
$	7,928	
$	4,048	
$	16,097	
$	11,596	
$	16,249	
$	128,020	
Attorney Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Annual Audit	-	-	-	-	-	-	-	-	2,625	-	-	-	2,625	
Management Fees	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	16,677	
Information Technology	105	105	105	105	105	105	105	105	105	105	105	105	1,260	
Postage	233	263	194	201	205	279	214	213	218	221	230	236	2,707	
Printing & Binding	-	-	-	-	-	-	-	-	202	-	-	-	202	
Other Current Charges	-	-	35	61	121	151	120	170	145	161	143	110	1,217	
Office Supplies	20	67	8	123	1	12	62	57	10	10	67	58	496	
Dues, Licenses & Subscriptions	-	-	-	-	-	-	-	-	-	3,000	-	-	3,000	
Rate Study	-	-	-	-	1,000	-	-	-	-	500	-	1,520	3,020	
Total Administrative:	$	15,081	$	11,773	$	7,652	$	9,281	$	8,686	$	12,588	$	20,875	$	9,863	$	8,741	$	21,484	$	13,531	$	19,668	$	159,224	

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Operations & Maintenance
Field Management	$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167  $	
4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	50,000	
Property Insurance	46,444	-	-	-	-	-	-	-	-	-	-	-	46,444	
Telephone	544	562	562	562	562	562	616	624	624	624	623	623	7,088	
Electric	5,322	5,973	5,587	5,632	5,158	4,791	5,663	7,634	8,542	6,360	6,950	6,332	73,944	
Trash Removal	406	406	406	406	406	406	406	498	498	498	498	498	5,331	
Landscape Maintenance	909	909	909	909	909	909	909	909	909	909	909	909	10,902	
Pond Maintenance	108	108	108	108	108	108	108	108	108	108	108	108	1,296	
Repairs & Maintenance	11,770	34,432	23,576	13,470	9,838	12,399	13,985	8,190	23,353	10,288	22,650	11,555	195,506	
Repairs & Maintenance - Grinder Pumps	38,654	23,093	11,433	14,968	24,476	11,569	31,716	39,120	16,623	22,557	25,294	10,668	270,170	
Grinder Pump Preventative Maintenance	-	-	-	-	-	2,950	8,866	12,922	5,779	1,680	-	2,520	34,717	
Water Plant Services (General Utilities)	3,240	2,765	2,985	2,985	3,274	2,985	3,563	4,766	2,985	3,383	2,985	2,985	38,901	
Wastewater Plant Services (General Utilities)	10,259	10,197	7,950	7,950	7,950	10,385	7,950	9,610	7,950	7,950	7,950	7,950	104,051	
Irrigation Plant Services (General Utilities)	-	-	-	-	-	-	-	-	-	-	-	-	-	
Sludge Disposal	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contractual Services	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	50,000	
Fuel Expense	3,662	1,594	-	-	-	-	-	-	-	2,069	-	120	7,446	
Wastewater Testing & Analysis	2,147	1,402	1,728	1,590	1,521	1,521	1,659	1,911	4,094	1,659	1,521	1,590	22,343	
Operating Systems Maintenance	4,285	720	-	1,485	770	770	1,470	770	770	3,721	770	770	16,301	
Generator Maintenance	690	-	-	-	1,077	245	-	5,850	2,024	315	375	792	11,368	
Lighting	-	-	-	-	-	-	-	-	-	-	-	-	-	
Operating Supplies	577	-	500	193	319	8,385	-	-	319	319	-	370	10,982	
Total Operations & Maintenance:	$  137,349	$	90,493	$	64,076	$	58,591	$	64,701	$	66,318	$	85,243  $	101,244	$	82,910	$	70,772	$	78,966	$	56,123	$	956,788	
													
Net Operating Income	$  (33,442)	$	41,229	$	96,603	$	47,756	$	37,544	$	46,282	$	55,531  $	39,220	$	31,964	$	28,846	$	18,735	$	45,473	$	455,741	

Non Operating Revenues/(Expenditures)													
Application Fees	$	800	$	500	$	650	$	550	$	650	$	725	$	350  $	425	$	375	$	1,000	$	525	$	375	$	6,925	
Meter Fees - Water	10,058	6,060	4,215	3,240	8,188	9,510	2,055	1,950	-	15,570	5,295	4,215	70,356	
Meter Fees - Irrigation	9,300	6,060	5,400	3,240	7,560	11,880	2,055	2,055	-	15,990	5,400	4,320	73,260	
Grinder Pump	68,550	100,726	13,710	27,420	20,565	47,985	47,985	41,130	13,710	34,275	54,840	27,420	498,316	
Connection Fees Revenue
Water System	49,815	
33,210	
22,140	
16,605	
38,745	
49,815	
11,070	
11,070	
-	
83,025	
27,675	
22,140	
365,310	
Wastewater System	26,280	17,520	11,680	8,760	20,440	26,280	5,840	5,840	-	43,800	14,600	11,680	192,720	
AFPI Charges
Water System	9,027	
6,018	
4,012	
3,009	
7,021	
9,027	
2,006	
2,006	
-	
15,045	
5,015	
4,012	
66,198	
Wastewater System	4,761	3,174	2,116	1,587	3,703	4,761	1,058	1,058	-	7,935	2,645	2,116	34,914	
Grinder Pump	(54,010)	(80,467)	(11,197)	(22,518)	(16,195)	(37,088)	(37,388)	(32,390)	(11,022)	(27,991)	(43,286)	(21,793)	(395,345)	
New Meter Install	(12,364)	(13,978)	(8,972)	(5,147)	(15,022)	(11,556)	(13,296)	(3,910)	-	(6,329)	(31,133)	(10,608)	(132,313)	
Transfer Out	-	-	-	-	-	-	(420,436)	-	-	-	-	-	(420,436)	
Total Non Operating Revenues (Expenditures) $ 112,217	$	78,823	$	43,755	$	36,746	$	75,655	$  111,339	$ (398,701) $	29,235	$	3,063	$  182,320	$	41,576	$	43,877	$	359,905	
													
Excess Revenues (Expenditures)	$	78,775	$	120,052	$	140,358	$	84,502	$	113,199	$	157,621	$  (343,170) $	68,455	$	35,027	$	211,166	$	60,311	$	89,350	$	815,646	

Bella Collina
Community Development District Capital Reserve - Water & Sewer 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:		
Transfer In	$	420,436	$	420,436	$	420,436	$	-	
Interest	36,000	36,000	72,489	36,489	
Total Revenues	$	456,436	$	456,436	$	492,925	$	36,489	

Expenditures:					
Contingency	$	500	$	500	$	535	$	(35)	
Capital Outlay	506,750	506,750	432,261	74,489	
Total Expenditures	$	507,250	$	507,250	$	432,796	$	74,454	
					
Excess Revenues (Expenditures)	$	(50,814)	$	(50,814)	$	60,129		
					
Fund Balance - Beginning	$	1,080,036		$	1,883,570		
					
Fund Balance - Ending	$	1,029,222		$	1,943,700		

Bella Collina
Community Development District Long Term Debt Report

SERIES 2004, SPECIAL ASSESSMENT BONDS		
INTEREST RATES:	5.750%		
MATURITY DATE:	5/1/2035		
RESERVE FUND BALANCE	$737,909		
BONDS OUTSTANDING - 9/30/15	$17,950,000	
LESS: SPECIAL CALL 11/1/15	($35,000)	
LESS: PRINCIPAL CALL 05/1/16	($495,000)	
LESS: SPECIAL CALL 5/1/17	($40,000)	
LESS: PRINCIPAL CALL 05/1/17	($520,000)	
LESS: SPECIAL CALL 11/1/17	($1,000,000)	
LESS: PRINCIPAL CALL 05/1/18	($550,000)	
LESS: SPECIAL CALL 5/1/18	($105,000)	
LESS: SPECIAL CALL 11/1/18	($50,000)	
LESS: PRINCIPAL CALL 05/1/19	($585,000)	
LESS: PRINCIPAL CALL 05/1/20	($620,000)	
LESS: PRINCIPAL CALL 05/1/21	($605,000)	
LESS: PRINCIPAL CALL 05/1/22	($640,000)	
LESS: PRINCIPAL CALL 05/1/23	($675,000)	
LESS: SPECIAL CALL 05/1/23	($65,000)	
LESS: SPECIAL CALL 11/1/23	($75,000)	
LESS: PRINCIPAL CALL 05/1/24	($715,000)	
LESS: SPECIAL CALL 05/1/24	($5,000)	
LESS: SPECIAL CALL 11/1/24	($870,000)	
LESS: PRINCIPAL CALL 05/1/25	($750,000)	
LESS: SPECIAL CALL 05/1/25	($50,000)	
CURRENT BONDS OUTSTANDING	$9,500,000	

SERIES 2024, SPECIAL ASSESSMENT BONDS

INTEREST RATES:	4.250%, 5.000%, 5.300% MATURITY DATE:		5/1/2055
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$385,067
RESERVE FUND BALANCE	$400,409

BONDS OUTSTANDING - 9/30/24	$11,685,000	
CURRENT BONDS OUTSTANDING	$11,685,000	

Gross Assessments	$ 1,350,958.65	$ 1,350,958.65	
Net Assessments	$ 1,269,901.13	$ 1,269,901.13	
TAX COLLECTOR ASSESSMENTS - DEBT SERVICE	
100.00%	
100.00%	

Bella Collina
COMMUNITY DEVELOPMENT DISTRICT

Gross Assessments	$	213,456.26	$	84,435.00	$	297,891.26	
Net Assessments	$	200,648.88	$	79,368.90	$	280,017.78	
TAX COLLECTOR ASSESSMENTS - OPERATIONS & MAINTENANCE	
71.66%	
28.34%	
100.00%	

Special Assessment Receipts Fiscal Year 2025

Date	Distribution	Gross Amount	Commissions	Discount/Penalty	Interest	Net Receipts	O&M Portion	Water & Sewer	Total	

11/13/24	
ACH	
$4,992.76	
$78.63	
$1,061.45	
$0.00	
$3,852.68	
$2,760.67	
$1,092.01	
$3,852.68	
11/20/24	ACH	$8,081.28	$155.16	$323.27	$0.00	$7,602.85	$5,447.88	$2,154.97	$7,602.85	
11/22/24	ACH	$18,285.04	$351.07	$731.39	$0.00	$17,202.58	$12,326.64	$4,875.94	$17,202.58	
12/11/24	ACH	$168,459.20	$3,234.42	$6,738.35	$0.00	$158,486.43	$113,564.66	$44,921.77	$158,486.43	
12/26/24	ACH	$29,904.96	$574.61	$1,174.28	$0.00	$28,156.07	$20,175.45	$7,980.62	$28,156.07	
01/23/25	ACH	$8,061.42	$156.29	$247.18	$0.00	$7,657.95	$5,487.36	$2,170.59	$7,657.95	
02/10/25	ACH	$12,556.90	$246.07	$253.40	$0.00	$12,057.43	$8,639.84	$3,417.59	$12,057.43	
03/13/25	ACH	$3,000.00	$59.35	$32.25	$0.00	$2,908.40	$2,084.04	$824.36	$2,908.40	
04/30/25	ACH	$10,109.46	$202.11	$4.20	$0.00	$9,903.15	$7,096.18	$2,806.97	$9,903.15	
05/30/25	ACH	$11,008.14	$220.16	$0.00	$0.00	$10,787.98	$7,730.21	$3,057.77	$10,787.98	
06/30/25	ACH	$8,843.76	$176.88	$0.00	$0.00	$8,666.88	$6,210.32	$2,456.56	$8,666.88	
06/30/25	ACH	$15,849.45	$316.99	$0.00	$0.00	$15,532.46	$11,129.90	$4,402.56	$15,532.46	
10/31/25	ACH	$435.74	$0.00	$0.00	$0.00	$435.74	$312.23	$123.51	$435.74	
						$0.00	$0.00	$0.00	$0.00	
	TOTAL	$	299,588.11	$	5,771.74	$	10,565.77	$	-	$	283,250.60	$	202,965.38	$	80,285.22	$	283,250.60	

$

101.15%
(3,232.82)

Net Percent Collected Balance Remaining to Collect

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	2004 Debt Service Asmt	
Total	

11/13/24	
ACH	
$23,488.72	
$379.53	
$4,512.42	
$0.00	
$18,596.77	
$18,596.77	
$18,596.77	
11/20/24	ACH	$37,057.25	$711.50	$1,482.26	$0.00	$34,863.49	$34,863.49	$34,863.49	
11/22/24	ACH	$80,043.66	$1,536.84	$3,201.66	$0.00	$75,305.16	$75,305.16	$75,305.16	
12/11/24	ACH	$746,807.87	$14,338.72	$29,871.72	$0.00	$702,597.43	$702,597.43	$702,597.43	
12/26/24	ACH	$159,337.39	$3,061.80	$6,247.51	$0.00	$150,028.08	$150,028.08	$150,028.08	
01/23/25	ACH	$38,330.07	$743.01	$1,179.57	$0.00	$36,407.49	$36,407.49	$36,407.49	
02/10/25	ACH	$50,397.86	$987.50	$1,022.88	$0.00	$48,387.48	$48,387.48	$48,387.48	
03/13/25	ACH	$13,340.61	$263.84	$148.21	$0.00	$12,928.56	$12,928.56	$12,928.56	
04/30/25	ACH	$50,920.73	$1,018.12	$14.82	$0.00	$49,887.79	$49,887.79	$49,887.79	
05/30/25	ACH	$50,383.08	$1,007.66	$0.00	$0.00	$49,375.42	$49,375.42	$49,375.42	
06/30/25	ACH	$39,737.90	$794.76	$0.00	$0.00	$38,943.14	$38,943.14	$38,943.14	
06/30/25	ACH	$66,606.58	$1,332.13	$0.00	$0.00	$65,274.45	$65,274.45	$65,274.45	
10/31/25	ACH	$1,980.10	$0.00	$0.00	$0.00	$1,980.10	$1,980.10	$1,980.10	
						$0.00	$0.00	$0.00	
	TOTAL	$	1,358,431.82	$	26,175.41	$	47,681.05	$	-	$  1,284,575.36	$ 1,284,575.36	$ 1,284,575.36	

101.16%
$	(14,674.23)

Net Percent Collected Balance Remaining to Collect

Bella Collina COMMUNITY DEVELOPMENT DISTRICT

Special Assessment Bonds, Series 2024

Date	Requisition #	Contractor	Description	Requisition

Fiscal Year 2025
11/15/24		1			DCS Real Estate Investments, LLC					Reimbursement of Project Construction Costs - July 2021 - September 2024		$ 11/21/24		2						Boyd Civil Engineering, Inc.	Invoice #04159 - Professional Services - Residential Irrigation System Upgrades - Sept.24 $ 12/5/24	3				EMI Consulting Specialties, Inc.						Job #24-233.2240-A - Electrical Design Services - September 2024	$ 11/21/24		4					EMI Consulting Specialties, Inc.							Job #24-233.2240-B - Electrical Design Services - October 2024		$ 11/20/24		5						Boyd Civil Engineering, Inc.		Invoice #04185 - Professional Services - Residential Irrigation System Upgrades - Oct.24 $ 12/3/24	6		DCS Real Estate Investments, LLC			Reimb. Boyd Environmental Inv #4704 & Thompson Well & Pump App #6 - Oct.24	$ 12/3/24	7							Watertronics, LLC				Invoices #SINV063058 Booster Station & #SINV063059 Control Panels - Nov.24	$ 12/8/24	8	Boyd Enviromental Engineering, Inc.	 Invoice #4714 - Professional Services - Residential Irrigation System Upgrades - Nov.24	$ 12/12/24		9					EMI Consulting Specialties, Inc.      Job #24-233.2240-C - Electrical Design Services - November 2024     $ 12/12/24    10     Boyd Civil Engineering, Inc.    Invoice #04212 - Professional Services - Residential Irrigation System Upgrades - Nov.24  $ 2/21/25    11     Boyd Civil Engineering, Inc.     Invoice #4247 - Professional services for Residential Irrigation System Upgrades - Dec.24  $ 2/24/25    12    Boyd Enviromental Engineering, Inc.     Invoice #4724 - Professional service for Residential Irrigation System - Dec.24    $ 2/21/25     13      The Colinas Group, Inc.         Invoice #O-898-4 - Well Construciton & Testing Oversight - Nov.24      $ 2/20/25     14     Thompson Well & Pump, Inc.         Application #7 - Residential Irrigation System Upgrades - Nov.24      $ 2/24/25    15      Watertronics, LLC     Invs #SINV063283 Lake Sienna Station #1 & #SINV063337 Lake Sienna Station #2 Deps - Dec.24 $ 2/24/25     16     Thompson Well & Pump, Inc.        Application #8 - Residential Irrigation System Upgrades - Dec.24      $ 2/21/25    17    Boyd Enviromental Engineering, Inc.     Invoice #4738 - Professional service for Residential Irrigation System - Jan.25    $ 2/21/25    18     Boyd Civil Engineering, Inc.       Invoice #4291 - Professional service for Residential Irrigation System - Jan.25    $ 2/21/25     19     Thompson Well & Pump, Inc.         Application #9 - Residential Irrigation System Upgrades - Jan.25      $ 3/24/25     20     Thompson Well & Pump, Inc.        Application #10 - Residential Irrigation System Upgrades - Feb.25      $ 3/24/25     21      The Colinas Group, Inc.         Invoice #O-898-5 - Well Construciton & Testing Oversight - Jan.25      $ 3/24/25    22    Boyd Enviromental Engineering, Inc.     Invoice #4750 - Professional service for Residential Irrigation System - Feb.25    $ 3/24/25    23     Boyd Civil Engineering, Inc.      Invoice #4319 - Professional service for Residential Irrigation System - Feb.25    $ 3/24/25    24    American Surveying & Mapping   Invoices #190432L0AO & 190432L0AS - Topographic Survey & Stakeout Wells - May/Aug.24  $ 4/21/25   25   American Surveying & Mapping  Invoices #190432LOAT - Conservation Easement & 190432LOAU - Stateout Lake Siena Pump Area $ 4/21/25    26    Boyd Enviromental Engineering, Inc.     Invoice #4761 - Professional service for Residential Irrigation System - Mar.25    $ 4/21/25     27     Thompson Well & Pump, Inc.        Application #11 - Residential Irrigation System Upgrades - Mar.25      $ 4/21/25     28     Boyd Civil Engineering, Inc.       Invoice #4343 - Professional service for Residential Irrigation Sytem - Mar.25    $ 5/7/25     29     Thompson Well & Pump, Inc.        Application #12 - Residential Irrigation System Upgrades - Apr.25      $ 5/12/25    30    Boyd Enviromental Engineering, Inc.     Invoice #4772 - Professional service for Residential Irrigation System - Apr.25    $ 6/5/25     31      The Colinas Group, Inc.         Invoice #O-898-6 - Well Construction & Testing Oversight - May25      $ 7/9/25     32    Boyd Enviromental Engineering, Inc.     Invoice #4781 - Professional service for Residential Irrigation System - May25    $ 7/8/25     33     Thompson Well & Pump, Inc.         Application #13 - Residential Irrigation System Upgrades - May25      $ 7/7/25     34     Boyd Civil Engineering, Inc.       Invoice #4435 - Professional service for Residential Irrigation Sytem - Jun.25    $ 7/8/25    35    Boyd Enviromental Engineering, Inc.     Invoice #4792 - Professional service for Residential Irrigation System - Jun.25    $ 8/12/25     36     Thompson Well & Pump, Inc.        Application #14 - Residential Irrigation System Upgrades - Jun.25      $ 9/11/25     37     Thompson Well & Pump, Inc.        Application #15 - Residential Irrigation System Upgrades - Jul.25      $ 9/11/25     38      The Colinas Group, Inc.         Invoice #O-898-7 - Well Construction & Testing Oversight - Jul.25      $ 9/11/25     39     Boyd Civil Engineering, Inc.       Invoice #4805 - Professional service for Residential Irrigation System - Jul.25    $ 9/11/25     40     EMI Consulting Specialties, Inc.          Job #24-233.2240-D - Electrical Design Services - July 2025       $

3,731,381.52
10,337.50
17,773.00
3,583.00
2,258.25
380,698.89
194,536.00
13,613.90
1,560.00
18,208.75
4,722.00
13,814.70
6,555.31
231,659.60
519,465.60
23,750.00
13,291.60
9,029.50
53,770.00
23,750.00
3,661.50
20,111.50
1,381.77
6,000.00
3,500.00
17,417.30
56,192.50
1,505.40
61,180.00
14,926.20
6,252.90
18,311.20
75,192.50
1,565.50
14,994.50
29,805.56
45,956.25
3,136.40
6,320.70
3,502.00

TOTAL	$  5,664,672.80

Fiscal Year 2025
10/1/24	Interest
11/1/24	Interest
12/2/24	Interest
1/2/25	Interest
2/3/25	Interest
3/3/25	Interest
4/1/25	Interest
5/1/25	Interest
5/5/25	Transfer from Cost of Issuance 6/2/25		Interest
7/1/25	Interest
8/1/25	Interest
9/2/25	Interest

$	18,128.22
$	38,999.35
$	29,272.23
$	21,116.77
$	20,174.76
$	17,578.86
$	17,044.01
$	16,339.19
$	5,336.61
$	16,439.83
$	15,884.05
$	16,240.72
$	16,158.75

TOTAL	$	248,713.35

Project (Construction) Fund at 09/17/24 Interest Earned/Transferred Funds thru 09/30/25
Requisitions Paid thru 09/30/25

$ 10,173,170.34
$	248,713.35
$ (5,664,672.80)

Remaining Project (Construction) Fund	 $  4,757,210.89 

Section 3

MONTHLY SUMMARY REPORT

State Board of Administration of Florida

September 30, 2025

CONTENTS
3	Introduction
3	Disclosure of Material Impacts
Facts-At-A-Glance
Porfolio Manager Commentary
Portfolio Composition
Fund Performance
PRIME Account Summary
Inventory of Holdings
Participant Concentration
Compliance
Trade Activity

Past performance is no guarantee of future results.

Views are as of the issue date and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security.

An investment in Florida PRIME is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in this fund.

2	Florida PRIMETM Monthly Summary Report - September 30 , 2025

This report is prepared for stakeholders in Florida PRIME in accordance with Section 218.409(6)(a), Florida Statutes.The statute requires:

Reporting of any material impacts on the funds and any actions or escalations taken by staff to address such impacts;

Presentation of a management summary that provides an analysis of the status of the current investment portfolio and the individual transactions executed over the last month; and

Preparation of the management summary “in a manner that will allow anyone to ascertain whether the investment activities during the reporting period have conformed to investment policies.”

This report, which covers the period from September 1, 2025, through September 30, 2025, has been prepared by the SBA with input from Federated Hermes (“Federated”), investment advisor for Florida PRIME in a format intended to comply with the statute.

During the reporting period, Florida PRIME was in material compliance with investment policy. There were no developments that had a material impact on the liquidity or operation of Florida PRIME. Details are available in the PRIME policy compliance table. This report also includes details on market conditions; fees; fund holdings, transactions and performance; and client composition.

PRIMETM STATISTICS
(As of September 30, 2025)
Total Participants
858
Florida PRIMETM
Total Participant Balance
$24,554,700,389

Total Number of Accounts
1,571

PRIME is an exclusive service for Florida governmental organizations, providing a cost-effective investment vehicle for their surplus funds. Florida PRIME, the Local Government Surplus Funds Trust Fund, is utilized by hundreds of governmental investors including state agencies, state universities and colleges, counties, cities, special districts, school boards, and other direct support organizations of the State of Florida.

Florida PRIME is a government investment pool that offers management by an industry leader in professional money management, conservative investment policies, an extensive governance framework, a Standard & Poor’s “AAAm” rating, full transparency, and best-in-class ﬁnancial reporting.

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PORTFOLIO  MANAGER COMMENTARY

Another September rate cut and another reason to consider liquidity products.

Common sense would say that when the Federal Reserve (the Fed) lowers its benchmark fed funds target range, as it did by a quarter percentage point two weeks ago, that interest rates and yields across the board would fall in concert. But ﬁnance doesn’t always operate the way it seems it should (who isn’t confused when ﬁrst told that a bond’s price falls when its yield rises).

It is true that yields of securities in the direct market, such as government auctions, overnight trading and ﬂoating-rate securities, adjust quickly to changes in the fed funds level, now in a target range of 4.00-4.25%. But that’s not the case for many ﬁnancial products, such as mortgages and liquidity products. Mortgage rates key off the 10-year Treasury; money market portfolios use a “laddered strategy.” In a falling-rate environment, this simply means money market portfolios hold securities of different maturities bought with the higher rates available before the Fed cut. This in turn typically causes yields of these portfolios to decline slower than those found in the direct market. That can make them attractive to investors. Other factors also impact the performance of government investment pools, such as Florida Prime. Among them are the seasonality of participant deposits and withdraws for tax receipts and payroll expenses, for instance. But, as with money market vehicles, the portfolio manager seeks to keep the yield as attractive as possible.

Also important is how fast the Fed lowers rates. Its latest Summary of Economic Projections indicates decent consensus for two more 25 basis-point cuts this year, which would lower the target range to 3.50-3.75%. But if the government shutdown prevents the Bureau of Labor statistics from releasing the September jobs report, it is conceivable the Fed will hold rates steady at the October meeting. That would add further uncertainty to longer-term forecasts, speciﬁcally the predictions of the level of future rates. Called the dot plot, the projections of each member of the FOMC are indicated by black circles plotted on a graph. The section of the graph representing 2026 looks like it was hit by buckshot.

Supply and demand is another important factor in the calculation of money market yields. That’s especially the case with commercial paper. The amount of issuance continues to grow, largely resulting in higher yields and wider spreads above similar maturity Treasurys. And this market is becoming more diverse, with tech and manufacturing companies issuing short-term paper in addition to the bread-and-butter ﬁnancial services sector. Diversiﬁcation is a key element of money funds, so this is a notable development.

At the end of the month, yields on 1-, 3-, 6- and 12-month US Treasuries were 4.11%, 3.94%, 3.84%
and 3.68%, respectively.

4	Florida PRIMETM Monthly Summary Report - September 30 , 2025

CREDIT QUALITY COMPOSITION

PORTFOLIO COMPOSITION FOR SEPTEMBER 30 2025

CREDIT QUALITY COMPOSITION

HIGHLY LIQUID  HOLDINGS-11/26

38.7%

61.3%

A-1+	A-1

29.1%

39.4%	Accessible in one business day
Accessible in five business days

EFFECTIVE MATURITY SCHEDULE

TOP HOLDINGS & AVG. MATURITY

17.3%

16.8%

5.1%	1-7 days

1. National Bank of Canada	5.3%	
2. Canadian Imperial Bank of Commerce	5.2%	
3. Royal Bank of Canada	5.0%	
4. Australia & New Zealand Banking Group Ltd.	5.0%	
5. Bank of America Corp.	4.9%	
6. Bank of Montreal	4.5%	
7. Toronto Dominion Bank	4.4%	
8. ABN Amro Bank NV	4.1%	
9. JPMorgan Chase & Co.	4.0%	
10. Sumitomo Mitsui Trust Holdings, Inc.	3.1%	
SEC Weighted Average Maturity (WAM)	
47 Days	
Weighted Average Life (Spread WAL)	
73 Days	

8-30 days
55.0%
31-90 days

5.8%

91-180 days

181+ days

PORTFOLIO  COMPOSITION

6.4%

1.0%	0.0%

1.8%

0.0%	Bank Instrument - Fixed

Percentages based on total value of investments

9.0%
13.2%
19.4%

25.8%

23.4%

Asset Backed Commercial Paper - Fixed

Repo

Corporate Commercial Paper - Fixed

Asset Backed Commercial Paper - Floating

Corporate Commercial Paper - Floating

Corporate Notes - Floating

Bank Instrument - Floating

Government

Mutual Funds - Money Market

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FUND PERFORMANCE THROUGH SEPTEMBER 2025

	Florida PRIME Performance Data 
	Annualized Net
Participant Yield1	Net-of-Fee Benchmark2	Above (Below) Benchmark	
One Month	4.48%	4.34%	0.14%	
Three Months	4.52%	4.37%	0.16%	
One Year	4.67%	4.47%	0.20%	
Three Years	5.09%	4.76%	0.32%	
Five Years	3.23%	2.97%	0.26%	
Ten Years	2.34%	2.08%	0.26%	
Since 1/96	2.64%	2.42%	0.22%	
Note: Net asset value at month end: $24,560.2 million, which includes investments at market value, plus all cash, accrued interest receivable and payables., 1Net of fees. Participant yield is calculated on a 365-day basis and includes adjustments for expenses and other accounting items to reﬂect realized earnings by participants.

ABOUT ANNUALIZED YIELDS:

6.00%

7-Day "SEC" Yield

2The net-of-fee benchmark is the S&P AAA/AA Rated GIP All 30-Day Net Index for all time periods.

hart is calculated in accordance with the yield methodology set forth by SEC Rule 2a-7 for money market funds. The 7-day yield = net income ear

4.00%

4.50%

5.00%

5.50%

The 7-Day “SEC” Yield in the c	ned over a 7-day period
/ average units outstanding over the period / 7 times 365. Note that unlike other performance measures, the SEC yield does not include realized gains and losses from sales of securities.

6	Florida PRIMETM Monthly Summary Report - September 30 , 2025

  Summary of Cash Flows 
Opening Balance (09/01/25)	$	25,850,716,488	
Participant Deposits		2,886,475,901	
Gross Earnings		91,256,191	
Participant Withdrawals		(4,273,050,412)	
Fees		(697,779)	
Closing Balance (09/30/25)	$	24,554,700,389	
			
Net Change over Month	$	(1,296,016,099)	

	Detailed Fee Disclosure 

September	
Amount	Basis Point
Equivalent*	
SBA Client Service, Account Mgt. &				
Fiduciary Oversight Fee	$	206,060.79		0.98	
Federated Investment Management Fee	447,883.31		2.13	
BNY Mellon Custodial Fee**	26,011.46		0.12	
Bank of America Transfer Agent Fee	8,672.97		0.04	
S&P Rating Maintenance Fee	4,239.14		0.02	
Audit/External Review Fees	4,910.98		0.02	
Total Fees	$	697,778.65	3.32	
*The basis point equivalent is an annualized rate based on the dollar amount of fees charged for the month times 12, divided by an average of the fund's beginning and ending total value (amortized cost) for the month w hich w as
$25,202,708,438.

**All custodian banking fees are allocated based on both market value (size) and level of service accurately passing through all charges to pool participants. Charges may f luctuate month-to-month.

The data included in this report is unaudited.

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Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
1320 W Jefferson LLC, Sep 01, 2060	VARIABLE RATE DEMAND NOTE	4.20	9/1/2060	10/2/2025	5,500,000	4.26	$5,500,000	$5,500,000	$0	
ABN Amro Bank NV, Amsterdam TD	TIME DEPOSIT	4.10	10/6/2025		1,000,000,000	4.16	$1,000,000,000	$1,000,000,000	$0	
AJC Capital, LLC, Jan 01, 2042	VARIABLE RATE DEMAND NOTE	4.20	1/1/2042	10/2/2025	5,530,000	4.20	$5,530,000	$5,530,000	$0	
ARI Fleet Lease Trust 2025-A, A1, 4.511%, 02/17/2026	ASSET BACKED NOTE	4.51	2/17/2026		7,318,190	0.00	$7,318,190	$7,319,044	$854	
Albion Capital LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/22/2025		110,408,000	4.22	$110,127,993	$110,124,693	-$3,300	
Albion Capital LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/24/2025		87,223,000	4.23	$86,372,455	$86,385,842	$13,388	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/8/2025		80,000,000	4.45	$79,922,489	$79,926,552	$4,063	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/8/2025		25,000,000	4.46	$24,975,778	$24,977,048	$1,270	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/7/2025		50,000,000	4.53	$49,769,361	$49,780,865	$11,504	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/5/2026		100,000,000	4.17	$98,906,056	$98,904,300	-$1,756	
Anglesea Funding LLC, Feb 04, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.32	2/4/2026	10/1/2025	130,000,000	4.38	$130,000,000	$130,000,000	$0	
Antalis S.A. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/2/2025		49,000,000	4.21	$48,988,703	$48,988,735	$32	
Antalis S.A. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/17/2025		108,140,000	4.20	$107,547,393	$107,539,607	-$7,786	
Archer 1 LLC, Jun 01, 2060	VARIABLE RATE DEMAND NOTE	4.20	6/1/2060	10/2/2025	18,000,000	4.26	$18,000,000	$18,000,000	$0	
Australia & New Zealand Banking Group, Melbourne TD	TIME DEPOSIT	4.11	10/1/2025		900,000,000	4.17	$900,000,000	$900,000,000	$0	
Australia & New Zealand Banking Group, Melbourne TD	TIME DEPOSIT	4.11	10/7/2025		325,000,000	4.17	$325,000,000	$325,000,000	$0	
BPCE SA CP4-2	COMMERCIAL PAPER - 4-2		12/1/2025		150,000,000	4.26	$148,924,042	$148,939,110	$15,068	
BWF Forge TL Properties Owner LLC, May 01, 2059	VARIABLE RATE DEMAND NOTE	4.20	5/1/2059	10/2/2025	28,500,000	4.20	$28,500,000	$28,500,000	$0	
Bank of America N.A. BNOTE	BANK NOTE	4.39	7/6/2026		65,000,000	4.40	$65,000,000	$65,180,754	$180,754	
Bank of America N.A. BNOTE	BANK NOTE	4.40	4/10/2026		100,000,000	4.44	$100,000,000	$100,173,495	$173,495	
Bank of America N.A. BNOTE	BANK NOTE	4.35	7/24/2026		150,000,000	4.36	$150,000,000	$150,457,514	$457,514	
Bank of America N.A. BNOTE	BANK NOTE	4.17	8/6/2026		100,000,000	4.18	$100,000,000	$100,191,433	$191,433	
Bank of America N.A. BNOTE	BANK NOTE	3.93	9/22/2026		100,000,000	3.95	$100,000,000	$99,994,950	-$5,050	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.50	1/2/2026		263,000,000	4.51	$263,000,000	$263,194,620	$194,620	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.52	1/7/2026		265,000,000	4.53	$265,000,000	$265,225,595	$225,595	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.43	11/7/2025		20,000,000	4.49	$20,000,000	$20,006,066	$6,066	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.46	11/25/2025		100,000,000	4.52	$100,000,000	$100,029,088	$29,088	
Bank of America N.A. Triparty Repo Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.21	10/1/2025		2,250,000,000	4.27	$2,250,000,000	$2,250,000,000	$0	
Bank of Montreal	CALLABLE CERTIFICATE OF DEPOSIT	4.57	6/8/2026	10/1/2025	80,000,000	4.63	$80,000,000	$80,000,000	$0	
Bank of Montreal	CALLABLE COMMERCIAL PAPER	4.44	4/13/2026	10/1/2025	200,000,000	4.50	$200,000,000	$200,000,000	$0	
Bank of Montreal,Apr 08, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.58	4/8/2026	10/1/2025	110,000,000	4.64	$110,000,000	$110,134,475	$134,475	
Bank of Nova Scotia, Feb 04, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.44	2/4/2026	10/1/2025	250,000,000	4.50	$250,000,000	$250,138,650	$138,650	
Bank of Nova Scotia,Toronto CP4-2	COMMERCIAL PAPER - 4-2		12/3/2025		100,000,000	4.57	$99,226,667	$99,249,180	$22,513	
Bank of Nova Scotia,Toronto CP4-2	COMMERCIAL PAPER - 4-2		3/4/2026		100,000,000	4.23	$98,239,028	$98,276,290	$37,262	
Bank of Nova Scotia,Toronto Repo Triparty Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.21	10/1/2025		900,000,000	4.27	$900,000,000	$900,000,000	$0	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/6/2025		100,000,000	4.46	$99,558,056	$99,573,230	$15,174	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/7/2026		180,000,000	4.50	$177,856,650	$178,002,432	$145,782	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/13/2026		50,000,000	4.48	$49,370,000	$49,411,925	$41,925	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/14/2026		47,835,000	4.46	$47,229,356	$47,267,103	$37,747	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/20/2026		200,000,000	4.28	$196,711,000	$196,811,500	$100,500	
Bedford Row Funding Corp., Nov 12, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS-4(2)	4.36	11/12/2025	10/1/2025	50,000,000	4.42	$50,000,000	$50,000,000	$0	

8	Florida PRIMETM Monthly Summary Report - September 30 , 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
Bedford Row Funding Corp., Oct 09, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS-4(2)	4.40	10/9/2025	10/1/2025	100,000,000	4.46	$100,000,000	$100,000,000	$0	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		210,000,000	4.18	$209,975,967	$209,975,955	-$12	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/6/2025		53,000,000	4.47	$52,961,310	$52,963,531	$2,221	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/29/2025		170,900,000	4.23	$170,327,295	$170,327,160	-$135	
CHARTA, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/25/2026		75,000,000	4.28	$73,726,583	$73,760,190	$33,607	
CIESCO, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/23/2026		40,000,000	4.28	$39,330,022	$39,347,544	$17,522	
CIESCO, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/25/2026		30,000,000	4.28	$29,490,633	$29,504,076	$13,443	
CRC Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/25/2026		50,000,000	4.28	$49,151,056	$49,173,460	$22,404	
Caisse d’Amortissement de la Dette Sociale (CADES) CP	COMMERCIAL PAPER		3/9/2026		150,000,000	4.15	$147,326,667	$147,360,000	$33,333	
Caisse d’Amortissement de la Dette Sociale (CADES) CP	COMMERCIAL PAPER		3/10/2026		175,000,000	4.14	$171,865,531	$171,901,538	$36,006	
Caisse d’Amortissement de la Dette Sociale (CADES) CP	COMMERCIAL PAPER		3/11/2026		125,000,000	4.14	$122,747,188	$122,773,625	$26,438	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.17	10/1/2025		256,000,000	4.20	$256,000,000	$255,999,309	-$691	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.46	10/8/2025		150,000,000	4.48	$150,000,000	$150,004,890	$4,890	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.57	12/4/2025		200,000,000	4.59	$200,000,000	$200,110,020	$110,020	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.52	3/4/2026		200,000,000	4.52	$200,000,000	$200,275,000	$275,000	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.07	8/27/2026		75,000,000	4.08	$75,000,000	$75,058,275	$58,275	
Canadian Imperial Bank of Commerce CP4-2	COMMERCIAL PAPER - 4-2		11/12/2025		100,000,000	4.65	$99,471,817	$99,509,460	$37,643	
Canadian Imperial Bank of Commerce CP4-2	COMMERCIAL PAPER - 4-2		5/12/2026		100,000,000	4.41	$97,380,444	$97,580,200	$199,756	
Canadian Imperial Bank of Commerce, Apr 07, 2026	VARIABLE RATE CERTIFICATE OF DEPOSIT	4.43	4/7/2026	10/1/2025	100,000,000	4.49	$100,000,000	$100,000,000	$0	
Canadian Imperial Bank of Commerce, Apr 21, 2026	VARIABLE RATE CERTIFICATE OF DEPOSIT	4.45	4/21/2026	10/1/2025	70,000,000	4.51	$70,000,000	$70,053,354	$53,354	
Canadian Imperial Bank of Commerce, Jul 01, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.49	7/1/2026	10/1/2025	18,000,000	4.55	$18,000,000	$18,000,000	$0	
Chariot Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/9/2026		25,000,000	4.19	$24,713,833	$24,716,323	$2,489	
Chariot Funding LLC, Mar 06, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.42	3/6/2026	10/1/2025	125,000,000	4.48	$125,000,000	$125,001,384	$1,384	
Chesham Finance LLC Series III CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/7/2025		150,000,000	4.16	$149,880,417	$149,879,535	-$882	
City Furniture, Inc.,Aug 01, 2044	VARIABLE RATE DEMAND NOTE	4.22	8/1/2044	10/2/2025	73,900,000	4.22	$73,900,000	$73,900,000	$0	
Collateralized Commercial Paper V Co. LLC, Apr 02, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.46	4/2/2026	10/1/2025	135,000,000	4.52	$135,000,000	$135,024,407	$24,407	
Collateralized Commercial Paper V Co. LLC, Feb 27, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.39	2/27/2026	10/1/2025	150,000,000	4.45	$150,000,000	$150,000,000	$0	
Collateralized Commercial Paper V Co. LLC, Jun 01, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.43	6/1/2026	10/1/2025	200,000,000	4.49	$200,000,000	$200,006,212	$6,212	
DNB Bank ASA CP4-2	COMMERCIAL PAPER - 4-2		11/3/2025		100,000,000	4.42	$99,597,194	$99,617,450	$20,256	
DNB Bank ASA CP4-2	COMMERCIAL PAPER - 4-2		6/11/2026		75,000,000	4.00	$72,962,708	$72,952,815	-$9,893	
DZ Bank AG Deutsche Zentral-Genos-senschaftsbank CP4-2	COMMERCIAL PAPER - 4-2		2/5/2026		100,000,000	4.28	$98,528,000	$98,575,170	$47,170	
Dino P. Kanelos Irrevocable Trust, Sep 01, 2041	VARIABLE RATE DEMAND NOTE	4.44	9/1/2041	10/2/2025	4,515,000	4.20	$4,515,000	$4,515,000	$0	

https:// pr ime. sbafla. com	9

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
Dreyfus Government Cash Management Fund	OVERNIGHT MUTUAL FUND	3.97	10/1/2025		3,437,922	3.97	$3,437,922	$3,437,922	$0	
EDMC Group, Inc., (Series 2024-2) , Dec 01, 2054	VARIABLE RATE DEMAND NOTE	4.17	12/1/2054	10/1/2025	25,800,000	4.23	$25,800,000	$25,800,000	$0	
Enterprise Fleet Financing LLC 2025-3, A1, 4.551%, 07/20/2026	ASSET BACKED NOTE	4.55	7/20/2026		15,653,334	4.55	$15,653,334	$15,673,962	$20,628	
Fairway Finance Co. LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/18/2025		35,000,000	4.52	$34,665,512	$34,686,761	$21,249	
Fairway Finance Co. LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/12/2026		50,000,000	4.31	$49,220,000	$49,242,030	$22,030	
Falcon Asset Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/7/2026		100,000,000	4.19	$98,878,000	$98,885,290	$7,290	
Falcon Asset Funding LLC, Feb 10, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.46	2/10/2026	10/1/2025	158,000,000	4.52	$158,000,000	$158,000,000	$0	
Falcon Asset Funding LLC, Feb 20, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.44	2/20/2026	10/1/2025	85,000,000	4.50	$85,000,000	$85,000,000	$0	
GTA Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/4/2025		85,000,000	4.49	$84,642,174	$84,656,634	$14,460	
GTA Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		3/18/2026		50,000,000	4.09	$49,072,847	$49,057,670	-$15,177	
Gotham Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/15/2025		100,000,000	4.24	$99,126,000	$99,140,070	$14,070	
Great America Leasing Receivables 2025-1, A1, 4.462%, 03/16/2026	ASSET BACKED NOTE	4.46	3/16/2026		4,946,392	0.00	$4,946,392	$4,947,285	$893	
Great Bear Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		93,500,000	4.30	$93,489,014	$93,489,266	$252	
Great Bear Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/3/2025		100,000,000	4.23	$99,608,056	$99,607,490	-$566	
HSBC Securities (USA), Inc. Repo Tri Party Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.22	10/1/2025		200,000,000	4.28	$200,000,000	$200,000,000	$0	
HSBC Securities (USA), Inc. Repo Tri Party Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.23	10/1/2025		1,000,000,000	4.29	$1,000,000,000	$1,000,000,000	$0	
HW Hellman Building, LP, Mar 01, 2062	VARIABLE RATE DEMAND NOTE	4.20	3/1/2062	10/2/2025	50,000,000	4.20	$50,000,000	$50,000,000	$0	
ING (U.S.) Funding LLC CP	COMMERCIAL PAPER		11/4/2025		65,000,000	4.50	$64,724,472	$64,737,322	$12,850	
ING (U.S.) Funding LLC CP	COMMERCIAL PAPER		4/1/2026		20,000,000	4.09	$19,600,611	$19,601,874	$1,263	
ING (U.S.) Funding LLC CP4-2	COMMERCIAL PAPER - 4-2		3/25/2026		50,000,000	4.09	$49,034,444	$49,040,145	$5,701	
J.P. Morgan Securities LLC CP	COMMERCIAL PAPER		11/21/2025		65,000,000	4.21	$64,613,178	$64,611,177	-$2,001	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/2/2025		45,700,000	4.51	$45,688,829	$45,689,535	$706	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/3/2025		50,500,000	4.51	$50,481,483	$50,482,643	$1,160	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/10/2025		46,000,000	4.39	$45,775,252	$45,781,592	$6,340	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/11/2025		50,500,000	4.23	$50,082,870	$50,087,920	$5,050	
La Fayette Asset Securitization LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/17/2025		45,000,000	4.20	$44,600,250	$44,603,177	$2,927	
Lion Bay Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		210,000,000	4.16	$209,976,083	$209,976,018	-$65	
Longship Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		37,300,000	4.18	$37,295,731	$37,295,748	$17	
Longship Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/27/2025		110,000,000	4.22	$109,657,625	$109,658,450	$825	
Longship Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/28/2025		100,000,000	4.23	$99,677,222	$99,678,000	$778	
MUFG Bank Ltd. CP	COMMERCIAL PAPER		10/14/2025		10,000,000	4.51	$9,982,889	$9,984,104	$1,215	
Matchpoint Finance plc CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		100,000,000	4.16	$99,988,611	$99,988,550	-$61	
Matchpoint Finance plc CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/3/2025		80,000,000	4.41	$79,388,444	$79,417,840	$29,396	
Mizuho Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.13	10/2/2025		400,000,000	4.19	$400,000,000	$400,000,640	$640	
Mizuho Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	10/21/2025		100,000,000	4.51	$100,000,000	$100,014,300	$14,300	
Mizuho Securities USA, Inc. - REPO TRIPARTY OVERNIGHT FIXED	REPO TRIPARTY OVERNIGHT FIXED	4.21	10/1/2025		400,000,000	4.27	$400,000,000	$400,000,000	$0	
National Bank of Canada, Apr 01, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.43	4/1/2026	10/1/2025	200,000,000	4.49	$200,000,000	$200,099,780	$99,780	
National Bank of Canada, Apr 07, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.43	4/7/2026	10/1/2025	200,000,000	4.49	$200,000,000	$200,100,520	$100,520	
National Bank of Canada, Feb 04, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.44	2/4/2026	10/1/2025	90,000,000	4.50	$90,000,000	$90,045,927	$45,927	
National Bank of Canada, Feb 09, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.44	2/9/2026	10/1/2025	130,000,000	4.50	$130,000,000	$130,068,640	$68,640	

10	Florida PRIMETM Monthly Summary Report - September 30 , 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		10/31/2025		50,000,000	4.57	$49,812,708	$49,822,640	$9,932	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/9/2026		175,000,000	4.51	$172,888,819	$173,031,688	$142,868	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/20/2026		62,000,000	4.51	$61,169,613	$61,228,832	$59,218	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/20/2026		180,000,000	4.51	$177,589,200	$177,761,124	$171,924	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		2/3/2026		225,000,000	4.53	$221,598,000	$221,861,025	$263,025	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/20/2025		75,000,000	4.54	$74,820,000	$74,827,628	$7,628	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/28/2025		50,000,000	4.53	$49,832,389	$49,838,715	$6,326	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/3/2025		100,000,000	4.51	$99,226,667	$99,269,450	$42,783	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/10/2026		100,000,000	4.30	$98,466,806	$98,525,980	$59,174	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		7/16/2026		50,000,000	4.00	$48,458,667	$48,455,855	-$2,812	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/21/2026		25,000,000	4.01	$24,050,667	$24,056,680	$6,013	
Old Line Funding, LLC, Dec 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.40	12/19/2025	10/1/2025	50,000,000	4.46	$50,000,000	$50,000,000	$0	
Old Line Funding, LLC, Feb 02, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.51	2/2/2026	10/1/2025	100,000,000	4.57	$100,000,000	$100,000,000	$0	
Old Line Funding, LLC, Mar 06, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE		3/6/2026		100,000,000	4.24	$98,211,944	$98,269,660	$57,716	
Old Line Funding, LLC, Nov 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.41	11/19/2025	10/1/2025	65,000,000	4.47	$65,000,000	$65,000,000	$0	
Old Line Funding, LLC, Nov 24, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.45	11/24/2025	10/1/2025	50,000,000	4.51	$50,000,000	$50,001,775	$1,775	
Overbaugh Family (2016) Survivorship Trust,Apr 01, 2042	VARIABLE RATE DEMAND NOTE	4.20	4/1/2042	10/2/2025	7,015,000	4.20	$7,015,000	$7,015,000	$0	
Paradelle Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/30/2025		20,000,000	4.56	$19,927,667	$19,930,666	$2,999	
Paradelle Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		3/19/2026		200,000,000	4.41	$196,023,889	$196,237,960	$214,071	
Park Avenue Collateralized Notes Co., LLC, Apr 24, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.43	4/24/2026	10/1/2025	228,000,000	4.49	$228,000,000	$228,000,000	$0	
Park Avenue Collateralized Notes Co., LLC, Apr 28, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.43	4/28/2026	10/1/2025	65,000,000	4.49	$65,000,000	$65,005,595	$5,595	
Park Avenue Collateralized Notes Co., LLC, Feb 23, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.44	2/23/2026	10/1/2025	75,000,000	4.50	$75,000,000	$75,000,000	$0	
Park Avenue Collateralized Notes Co., LLC, Jun 12, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.43	6/12/2026	10/1/2025	10,000,000	4.49	$10,000,000	$10,000,000	$0	
Park Avenue Collateralized Notes Co., LLC, May 08, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.43	5/8/2026	10/1/2025	54,000,000	4.49	$54,000,000	$54,000,000	$0	
Pennsylvania State Higher Education Assistance Agency, (Taxable Series A), 06/01/2054	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.12	6/1/2054	10/2/2025	32,294,000	4.12	$32,294,000	$32,294,000	$0	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		10/27/2025		100,000,000	4.56	$99,670,375	$99,689,250	$18,875	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		12/3/2025		95,000,000	4.36	$94,282,222	$94,308,457	$26,235	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		12/4/2025		75,000,000	4.51	$74,410,938	$74,445,698	$34,760	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		12/10/2025		16,000,000	4.51	$15,862,733	$15,871,085	$8,351	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		1/27/2026		21,000,000	4.48	$20,700,120	$20,722,911	$22,791	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		2/5/2026		25,000,000	4.50	$24,616,000	$24,645,333	$29,333	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		2/6/2026		28,500,000	4.36	$28,070,054	$28,092,521	$22,468	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		3/3/2026		100,000,000	4.29	$98,229,000	$98,294,310	$65,310	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		4/17/2026		5,000,000	4.44	$4,882,258	$4,890,799	$8,541	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		6/11/2026		50,000,000	4.06	$48,620,639	$48,622,050	$1,411	
Podium Funding Trust, Jan 20, 2026	VARIABLE RATE COMMERCIAL PAPER-ABS 3A3	4.53	1/20/2026	10/1/2025	20,000,000	4.59	$20,000,000	$20,013,448	$13,448	
Podium Funding Trust, Oct 07, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS 3A3	4.43	10/7/2025	10/1/2025	150,000,000	4.49	$150,000,000	$150,005,640	$5,640	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		10/9/2025		150,000,000	4.54	$149,838,000	$149,846,160	$8,160	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		11/6/2025		100,000,000	4.57	$99,552,917	$99,578,060	$25,143	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		12/1/2025		200,000,000	4.58	$198,498,222	$198,602,700	$104,478	

https:// pr ime. sbafla. com	11

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/31/2025		120,000,000	4.48	$119,548,433	$119,570,232	$21,799	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/4/2025		99,500,000	4.51	$99,074,361	$99,098,060	$23,699	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/6/2025		50,000,000	4.51	$49,773,889	$49,786,580	$12,691	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/12/2025		25,000,000	4.46	$24,870,104	$24,876,165	$6,061	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/14/2025		67,000,000	4.45	$66,636,525	$66,652,860	$16,335	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/21/2025		25,000,000	4.40	$24,844,722	$24,851,078	$6,355	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		50,000,000	4.52	$49,993,889	$49,994,275	$386	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/8/2025		115,000,000	4.52	$114,887,556	$114,894,396	$6,840	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/11/2025		180,000,000	4.19	$178,525,800	$178,533,360	$7,560	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/18/2025		146,000,000	4.19	$144,689,609	$144,699,593	$9,983	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/20/2026		50,000,000	4.17	$49,368,444	$49,371,710	$3,266	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	10/1/2025		150,000,000	4.51	$150,000,000	$150,001,515	$1,515	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.41	11/6/2025		166,000,000	4.47	$166,000,000	$166,044,156	$44,156	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.35	11/10/2025		100,000,000	4.41	$100,000,000	$100,023,000	$23,000	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.28	11/25/2025		100,000,000	4.34	$100,000,000	$100,020,430	$20,430	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.20	12/8/2025		100,000,000	4.26	$100,000,000	$100,013,860	$13,860	
Sumitomo Mitsui Trust Bank Ltd. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	4.14	1/6/2026		150,000,000	4.20	$150,000,000	$150,000,000	$0	
Svenska Handelsbanken, Stockholm CP4-2	COMMERCIAL PAPER - 4-2		6/12/2026		170,000,000	4.01	$165,351,917	$165,312,148	-$39,769	
Taxable Tender Option Bond Trust 2021-MIZ9064TX, (Series 2021-MIZ-
9064TX), 11/01/2056	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.56	11/1/2056	10/2/2025	13,000,000	4.56	$13,000,000	$13,000,000	$0	
Taxable Tender Option Bond Trust 2022-MIZ9084TX, (Series 2022-MIZ-
9084TX), 02/01/2027	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.56	2/1/2027	10/2/2025	10,300,000	4.56	$10,300,000	$10,300,000	$0	
Taxable Tender Option Bond Trust 2022-MIZ9094TX, (Series 2022-MIZ-
9094TX), 12/01/2059	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.56	12/1/2059	10/2/2025	1,500,000	4.56	$1,500,000	$1,500,000	$0	
Texas State,Veterans Bonds (Taxable Series 2023A), 12/01/2054	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.38	12/1/2054	10/1/2025	17,320,000	4.38	$17,320,000	$17,320,000	$0	
The Greathouse 2021 Children’s Trust, Dec 01, 2046	VARIABLE RATE DEMAND NOTE	4.20	12/1/2046	10/2/2025	13,625,000	4.20	$13,625,000	$13,625,000	$0	
Thunder Bay Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/6/2025		50,000,000	4.46	$49,779,028	$49,787,610	$8,582	
Thunder Bay Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/7/2026		50,000,000	4.51	$49,403,250	$49,443,745	$40,495	
Thunder Bay Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		2/10/2026		25,000,000	4.30	$24,616,701	$24,629,770	$13,069	
Thunder Bay Funding, LLC, Apr 20, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.45	4/20/2026	10/1/2025	50,000,000	4.51	$50,000,000	$50,000,000	$0	
Thunder Bay Funding, LLC, Dec 15, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.40	12/15/2025	10/1/2025	100,000,000	4.46	$100,000,000	$100,000,000	$0	
Thunder Bay Funding, LLC, Dec 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.40	12/19/2025	10/1/2025	50,000,000	4.46	$50,000,000	$50,003,490	$3,490	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.55	10/22/2025		10,000,000	4.57	$10,000,000	$10,001,389	$1,389	

12	Florida PRIMETM Monthly Summary Report - September 30 , 2025

AN INVESTMENT SERVICE FOR PUBLIC FUNDS

INVENTORY OF HOLDINGS FOR SEPTEMBER 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current
Yield	Amort Cost
(2)	Mkt Value
(1)	Unrealized
Gain/Loss	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.50	1/22/2026		195,000,000	4.51	$195,000,000	$195,169,202	$169,202	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.55	2/12/2026		50,000,000	4.56	$50,000,000	$50,066,795	$66,795	
Toronto Dominion Bank CP4-2	COMMERCIAL PAPER - 4-2		12/3/2025		90,000,000	4.61	$89,299,200	$89,341,722	$42,522	
Toronto Dominion Bank, Apr 23, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.61	4/23/2026	10/1/2025	120,000,000	4.67	$120,000,000	$120,143,148	$143,148	
Toronto Dominion Bank, Feb 27, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.48	2/27/2026	10/1/2025	255,000,000	4.54	$255,000,000	$255,159,503	$159,503	
Toyota Credit Canada Inc. CP	COMMERCIAL PAPER		10/8/2025		50,000,000	4.46	$49,952,222	$49,953,765	$1,543	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		11/6/2025		5,000,000	4.56	$4,977,440	$4,978,900	$1,459	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		1/26/2026		40,000,000	4.53	$39,429,667	$39,459,588	$29,921	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		2/12/2026		32,000,000	4.54	$31,476,800	$31,506,800	$30,000	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		2/17/2026		20,000,000	4.59	$19,657,778	$19,680,938	$23,160	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		3/2/2026		10,000,000	4.58	$9,813,425	$9,826,515	$13,090	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		4/14/2026		42,500,000	4.54	$41,491,144	$41,569,301	$78,157	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		6/15/2026		25,000,000	4.14	$24,286,917	$24,291,693	$4,776	
Toyota Motor Credit Corp. CP	COMMERCIAL PAPER		11/4/2025		100,000,000	4.52	$99,576,111	$99,600,420	$24,309	
Toyota Motor Credit Corp. CP	COMMERCIAL PAPER		5/18/2026		25,000,000	4.20	$24,354,722	$24,379,568	$24,845	
Toyota Motor Credit Corp., Feb 24, 2026	VARIABLE MEDIUM TERM NOTE	4.46	2/24/2026	10/1/2025	125,000,000	4.52	$125,000,000	$125,034,411	$34,411	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.35	10/31/2025		200,000,000	4.41	$200,000,000	$200,016,320	$16,320	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.46	11/10/2025		55,000,000	4.52	$55,000,000	$55,013,866	$13,866	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.45	10/1/2025		200,000,000	4.51	$200,000,000	$200,001,700	$1,700	
Westlake Automobile Receivables Trust 2025-2, A1, 4.642%, 07/15/2026	ASSET BACKED NOTE	4.64	7/15/2026		36,553,228	4.64	$36,553,228	$36,564,559	$11,332	
Westpac Banking Corp. Ltd., Sydney CP4-2	COMMERCIAL PAPER - 4-2		9/22/2026		40,000,000	3.99	$38,484,733	$38,493,456	$8,723	
Wylie Bice LIfe Insurance Trust, Aug 01, 2046	VARIABLE RATE DEMAND NOTE	4.20	8/1/2046	10/2/2025	7,625,000	4.44	$7,625,000	$7,625,000	$0	
Total Value of Assets					24,569,839,066		$24,481,239,255	$24,487,482,536	$6,243,280	

Notes: The data included in this report is unaudited. Amounts above are the value of investments. Income accruals, payables and uninvested cash are not included. Amortiza-tions/accretions are reported with a one-day lag in the above valuations.
Market values of the portfolio securities are provided by the custodian, BNY Mellon. The portfolio manager, Federated Hermes, is the source for other data shown above.
Amortized cost is calculated using a straight line method.

https:// pr ime. sbafla. com	13

Participant Dollars

Other 13.4%

Counties 26.7%

Special Dist.
11.4%

Const. Officers 3.7%
Colleges 9.3%

Cities 19.2%

School Boards 16.4%

PARTICIPANT CONCENTRATION DATA - AS OF SEPTEMBER 30 2025

Participant Balance	
Share of Total Fund	Share of
Participant Count		

Participant Balance	
Share of Total Fund	Share of
Participant Count	
All Participants	100.0%	100.0%		Colleges & Universities	9.3%	4.6%	
Top 10	36.7%	1.2%		Top 10	8.1%	1.2%	
$100 million or more	69.5%	6.4%		$100 million or more	6.9%	0.6%	
$10 million up to $100 million	27.3%	20.8%		$10 million up to $100 million	2.2%	1.7%	
$1 million up to $10 million	2.8%	21.1%		$1 million up to $10 million	0.1%	0.7%	
Under $1 million	0.4%	51.8%		Under $1 million	0.01%	1.7%	

Counties	
26.7%	
5.8%		
Constitutional Officers	
3.7%	
5.9%	
Top 10	22.8%	1.2%		Top 10	3.0%	1.2%	
$100 million or more	23.3%	1.3%		$100 million or more	2.1%	0.1%	
$10 million up to $100 million	3.3%	1.9%		$10 million up to $100 million	1.3%	1.1%	
$1 million up to $10 million	0.2%	1.1%		$1 million up to $10 million	0.3%	1.9%	
Under $1 million	0.0%	1.5%		Under $1 million	0.0%	2.8%	

Municipalities	
19.2%	
25.8%		
Special Districts	
11.4%	
46.3%	
Top 10	6.5%	1.2%		Top 10	7.4%	1.2%	
$100 million or more	7.0%	1.3%		$100 million or more	6.8%	0.9%	
$10 million up to $100 million	11.2%	9.0%		$10 million up to $100 million	3.5%	3.4%	
$1 million up to $10 million	0.9%	5.8%		$1 million up to $10 million	0.9%	9.1%	
Under $1 million	0.1%	9.8%		Under $1 million	0.3%	32.9%	

School Boards	
16.4%	
8.5%		
Other	
13.4%	
3.1%	
Top 10	10.6%	1.2%		Top 10	11.3%	1.2%	
$100 million or more	11.4%	1.4%		$100 million or more	12.1%	0.7%	
$10 million up to $100 million	4.7%	3.1%		$10 million up to $100 million	1.1%	0.7%	
$1 million up to $10 million	0.2%	1.8%		$1 million up to $10 million	0.1%	0.8%	
Under $1 million	0.0%	2.2%		Under $1 million	0.0%	0.8%	

Active Participant Count
Other
3.1%	Counties
5.8%

Cities 25.8%

Special Dist.
46.3%

School Boards 8.5%
Const.Colleges Officers 4.6%
5.9%

Total Fund Value: $24,554,700,389	Total Active Participant Count: 848

14	Florida PRIMETM Monthly Summary Report - September 30 , 2025

COMPLIANCE WITH INVESTMENT POLICY  FOR SEPTEMBER 30,2025

As investment manager, Federated monitors compliance daily on Florida PRIME to ensure that investment practices comply with the requirements of the Investment Policy Statement (IPS). Federated provides a monthly compliance report to the SBA and is required to notify the Investment Oversight Group (IOG) of compliance exceptions within 24 hours of identiﬁcation. The IOG will meet as necessary based on the occurrence and resolution of compliance exceptions or upon the occurrence of a material event. Minutes from the IOG meetings are posted to the Florida PRIME website.

In addition to the compliance testing performed by Federated, SBA Risk Management and Compliance conducts daily independent testing on Florida PRIME using a risk-based approach. Under this approach, each IPS parameter is ranked as “High” or “Low” with respect to the level of risk associated with a potential guideline breach. Negative test results are subject to independent veriﬁcation and review for possible escalation.These rankings, along with the frequency for testing, are reviewed and approved by the IOG on an annual basis or more often if market conditions dictate. Additionally, any parameter reported in “Fail” status on the Federated compliance report, regardless of risk ranking, is also independently veriﬁed and escalated accordingly. The results of independent testing are currently reported monthly to the IOG.

Test by Source	Pass/Fail

Securities must be USD denominated	Pass

Ratings requirements

Long-term securities must have long-term ratings in the	Pass three highest categories

First Tier Securities	Pass

Test by Source	Pass/Fail

Money Market Mutual Funds

Invested in any one Money Market Mutual Fund	Pass

Repurchase Agreements

Repurchase Agreement Counterparty Rating	Pass

Commercial Paper must have short-term ratings from at least one NRSRO

S&P Weighted Average Life	Pass

Repurchase Agreement Counterparties must be rated by S&P

Pass

Pass

Term Repurchase Agreements with any single dealer - Counterparty Rating A-1+ (2-5 business days)

Term Repurchase Agreements with any single dealer - Counterparty Rating A-1+ (More than 5 business days)

Pass

Pass

Maturity

Dollar Weighted Average Maturity	Pass

Individual Security	Pass

Government floating rate notes/variable rate notes	 Pass Weighted Average Life	Pass

Repurchase Agreements with any single dealer - Counterparty Rating A-1

Concentration Tests

Pass

Issuer Diversification

Any Single Government Agency	Pass

Illiquid Securities	Pass

Assets invested in securities accessible within 1 business day

Pass

Demand Feature and Guarantor Diversification

First Tier securities issued by or subject to demand features and guarantees of a controlled person

Pass

Term Repurchase Agreements with any single dealer -
Counterparty Rating A-1 (2-5 business days)

Pass

Securities in Highest Rating Category (A-1+ or
equivalent)

Pass

Term Repurchase Agreements with any single dealer -
Counterparty Rating A-1 (More than 5 business days)

Pass

Industry Concentration, excluding financial services
industry

Pass

First tier issuer (limit does not apply to cash, cash items, U.S. Government securities and repo
collateralized by these securities)

Pass

Assets invested in securities accessible within 5 business
days

Pass

First Tier securities issued by or subject to demand
features and guarantees of a non-controlled person

Pass

https:// pr ime. sbafla. com	15

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
ABN AMRO BANK N.V.	09/02/25	09/02/25	09/02/25	MATURITY	1,275,000,000	0	1,275,000,000		0	
ABN AMRO BANK N.V.	09/08/25	09/08/25	09/08/25	MATURITY	1,275,000,000	0	1,275,000,000		0	
ABN AMRO BANK N.V.	09/15/25	09/15/25	09/15/25	MATURITY	1,275,000,000	0	1,275,000,000		0	
ABN AMRO BANK N.V.	09/22/25	09/22/25	09/22/25	MATURITY	500,000,000	0	500,000,000		0	
ABN AMRO BANK N.V.	09/29/25	09/29/25	09/29/25	MATURITY	500,000,000	0	500,000,000		0	
ALBION CAPITAL LLC CPABS4	09/22/25	09/22/25	09/22/25	MATURITY	8,000,000	0	8,000,000		0	
ALBION CAPITAL LLC CPABS4	09/25/25	09/25/25	09/25/25	MATURITY	81,729,000	0	81,729,000		0	
ANGLESEA FDG PLC / ANGL 0.0 02SEP25	09/02/25	09/02/25	09/02/25	MATURITY	100,000,000	0	100,000,000		0	
ANGLESEA FDG PLC / ANGL 0.0 03SEP25	09/03/25	09/03/25	09/03/25	MATURITY	20,000,000	0	20,000,000		0	
ANGLESEA FDG PLC / ANGL 0.0 10SEP25	09/10/25	09/10/25	09/10/25	MATURITY	20,000,000	0	20,000,000		0	
ANGLESEA FDG PLC / ANGL 0.0 17SEP25	09/17/25	09/17/25	09/17/25	MATURITY	50,000,000	0	50,000,000		0	
ANGLESEA FDG PLC / ANGL 0.0 18SEP25	09/18/25	09/18/25	09/18/25	MATURITY	175,000,000	0	175,000,000		0	
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	09/05/25	09/05/25	09/05/25	MATURITY	75,000,000	0	75,000,000		0	
20250905
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/12/25	
09/12/25	
09/12/25	
MATURITY	
75,000,000	
0	
75,000,000		
0	
20250912
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/16/25	
09/16/25	
09/16/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250916
ANGLESEA FUNDING LLCPABS4	
09/09/25	
09/09/25	
09/09/25	
MATURITY	
145,000,000	
0	
145,000,000		
0	
ANTALIS S A DISC COML P 0.0 18SEP25	09/18/25	09/18/25	09/18/25	MATURITY	115,020,000	0	115,020,000		0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP	09/03/25	09/03/25	09/03/25	MATURITY	1,275,000,000	0	1,275,000,000		0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/10/25	
09/10/25	
09/10/25	
MATURITY	
1,275,000,000	
0	
1,275,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/17/25	
09/17/25	
09/17/25	
MATURITY	
900,000,000	
0	
900,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/23/25	
09/23/25	
09/23/25	
MATURITY	
300,000,000	
0	
300,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/24/25	
09/24/25	
09/24/25	
MATURITY	
900,000,000	
0	
900,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/30/25	
09/30/25	
09/30/25	
MATURITY	
325,000,000	
0	
325,000,000		
0	
LTD.
BANK OF AMERICA TRIPARTY	
09/02/25	
09/02/25	
09/02/25	
MATURITY	
2,181,000,000	
0	
2,181,000,000		
0	
BANK OF AMERICA TRIPARTY	09/03/25	09/03/25	09/03/25	MATURITY	2,112,000,000	0	2,112,000,000		0	
BANK OF AMERICA TRIPARTY	09/04/25	09/04/25	09/04/25	MATURITY	2,187,000,000	0	2,187,000,000		0	
BANK OF AMERICA TRIPARTY	09/05/25	09/05/25	09/05/25	MATURITY	2,192,000,000	0	2,192,000,000		0	
BANK OF AMERICA TRIPARTY	09/08/25	09/08/25	09/08/25	MATURITY	2,235,000,000	0	2,235,000,000		0	
BANK OF AMERICA TRIPARTY	09/09/25	09/09/25	09/09/25	MATURITY	2,178,000,000	0	2,178,000,000		0	
BANK OF AMERICA TRIPARTY	09/10/25	09/10/25	09/10/25	MATURITY	2,096,000,000	0	2,096,000,000		0	
BANK OF AMERICA TRIPARTY	09/11/25	09/11/25	09/11/25	MATURITY	2,292,000,000	0	2,292,000,000		0	
BANK OF AMERICA TRIPARTY	09/12/25	09/12/25	09/12/25	MATURITY	2,112,000,000	0	2,112,000,000		0	
BANK OF AMERICA TRIPARTY	09/15/25	09/15/25	09/15/25	MATURITY	1,898,000,000	0	1,898,000,000		0	
BANK OF AMERICA TRIPARTY	09/16/25	09/16/25	09/16/25	MATURITY	2,416,000,000	0	2,416,000,000		0	
BANK OF AMERICA TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	2,249,000,000	0	2,249,000,000		0	
BANK OF AMERICA TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	2,167,000,000	0	2,167,000,000		0	
BANK OF AMERICA TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	2,146,000,000	0	2,146,000,000		0	
BANK OF AMERICA TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	2,056,000,000	0	2,056,000,000		0	
BANK OF AMERICA TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	2,159,000,000	0	2,159,000,000		0	
BANK OF AMERICA TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	2,301,000,000	0	2,301,000,000		0	
BANK OF AMERICA TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	1,848,000,000	0	1,848,000,000		0	
BANK OF AMERICA TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	2,357,000,000	0	2,357,000,000		0	
BANK OF AMERICA TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	2,346,000,000	0	2,346,000,000		0	
BANK OF AMERICA TRIPARTY	09/30/25	09/30/25	09/30/25	MATURITY	1,672,000,000	0	1,672,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/02/25	09/02/25	09/02/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/03/25	09/03/25	09/03/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/04/25	09/04/25	09/04/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/05/25	09/05/25	09/05/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/08/25	09/08/25	09/08/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/09/25	09/09/25	09/09/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/10/25	09/10/25	09/10/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/11/25	09/11/25	09/11/25	MATURITY	800,000,000	0	800,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/12/25	09/12/25	09/12/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/15/25	09/15/25	09/15/25	MATURITY	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/16/25	09/16/25	09/16/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/30/25	09/30/25	09/30/25	MATURITY	900,000,000	0	900,000,000		0	
BARTON CAP SA DISC COML 0.0 04SEP25	09/04/25	09/04/25	09/04/25	MATURITY	50,000,000	0	50,000,000		0	
BARTON CAP SA DISC COML 0.0 11SEP25	09/11/25	09/11/25	09/11/25	MATURITY	50,000,000	0	50,000,000		0	
BENNINGTON STARK C 0.0 10SEP25 144A	09/10/25	09/10/25	09/10/25	MATURITY	105,000,000	0	105,000,000		0	
BENNINGTON STARK C 0.0 17SEP25 144A	09/17/25	09/17/25	09/17/25	MATURITY	105,000,000	0	105,000,000		0	
BENNINGTON STARK C 0.0 26SEP25 144A	09/26/25	09/26/25	09/26/25	MATURITY	129,652,000	0	129,652,000		0	

16	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
BENNINGTON STARK FIXED COUPON 0 MATURITY	09/03/25	09/03/25	09/03/25	MATURITY	115,000,000	0	115,000,000		0	
20250903
BENNINGTON STARK FIXED COUPON 0 MATURITY	
09/24/25	
09/24/25	
09/24/25	
MATURITY	
210,112,000	
0	
210,112,000		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/24/25	
09/24/25	
MATURITY	
328,000,000	
0	
328,000,000		
0	
20250924
BNG BK N V DISC COML PA 0.0 23SEP25	
09/23/25	
09/23/25	
09/23/25	
MATURITY	
250,000,000	
0	
250,000,000		
0	
BPCE SA CP4-2CP4-2	09/02/25	09/02/25	09/02/25	MATURITY	150,000,000	0	150,000,000		0	
BPCE SA CP4-2CP4-2	09/08/25	09/08/25	09/08/25	MATURITY	50,000,000	0	50,000,000		0	
CHESHAM FIN LTD / CHE 0.00 02SEP25	09/02/25	09/02/25	09/02/25	MATURITY	150,000,000	0	150,000,000		0	
CHESHAM FIN LTD / CHE 0.00 09SEP25	09/09/25	09/09/25	09/09/25	MATURITY	150,000,000	0	150,000,000		0	
CHESHAM FIN LTD / CHE 0.00 16SEP25	09/16/25	09/16/25	09/16/25	MATURITY	150,000,000	0	150,000,000		0	
CHESHAM FIN LTD / CHE 0.00 23SEP25	09/23/25	09/23/25	09/23/25	MATURITY	150,000,000	0	150,000,000		0	
CHESHAM FIN LTD / CHE 0.00 30SEP25	09/30/25	09/30/25	09/30/25	MATURITY	150,000,000	0	150,000,000		0	
CHESHAM FIN LTD / CHES 0.00 02SEP25	09/02/25	09/02/25	09/02/25	MATURITY	196,000,000	0	196,000,000		0	
CHESHAM FIN LTD / CHES 0.00 09SEP25	09/09/25	09/09/25	09/09/25	MATURITY	194,000,000	0	194,000,000		0	
CHESHAM FIN LTD / CHES 0.00 16SEP25	09/16/25	09/16/25	09/16/25	MATURITY	195,000,000	0	195,000,000		0	
CHESHAM FIN LTD / CHES 0.00 23SEP25	09/23/25	09/23/25	09/23/25	MATURITY	150,000,000	0	150,000,000		0	
CREDIT AGRICOLE S-AECD	09/02/25	09/02/25	09/02/25	MATURITY	100,000,000	0	100,000,000		0	
FALCON ASSET FDG LLC DI 0.0 24SEP25	09/24/25	09/24/25	09/24/25	MATURITY	50,000,000	0	50,000,000		0	
GOTHAM FUNDING CORPCPABS4	09/03/25	09/03/25	09/03/25	MATURITY	175,000,000	0	175,000,000		0	
GREAT BEAR FDG DAC 0.0 03SEP25 144A	09/03/25	09/03/25	09/03/25	MATURITY	75,000,000	0	75,000,000		0	
GREAT BEAR FUND FIXED COUPON 0 MATURITY	09/12/25	09/12/25	09/12/25	MATURITY	40,000,000	0	40,000,000		0	
20250912
GREAT BEAR FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/18/25	
09/18/25	
MATURITY	
85,000,000	
0	
85,000,000		
0	
20250918
GTA FUNDING LLC CPACPABS4	
09/17/25	
09/17/25	
09/17/25	
MATURITY	
73,875,000	
0	
73,875,000		
0	
HSBC TRIPARTY	09/02/25	09/02/25	09/02/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/02/25	09/02/25	09/02/25	MATURITY	600,000,000	0	600,000,000		0	
HSBC TRIPARTY	09/03/25	09/03/25	09/03/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/03/25	09/03/25	09/03/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/04/25	09/04/25	09/04/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/04/25	09/04/25	09/04/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/05/25	09/05/25	09/05/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/05/25	09/05/25	09/05/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/08/25	09/08/25	09/08/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/08/25	09/08/25	09/08/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/09/25	09/09/25	09/09/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/09/25	09/09/25	09/09/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/10/25	09/10/25	09/10/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/10/25	09/10/25	09/10/25	MATURITY	800,000,000	0	800,000,000		0	
HSBC TRIPARTY	09/11/25	09/11/25	09/11/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/11/25	09/11/25	09/11/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/12/25	09/12/25	09/12/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/12/25	09/12/25	09/12/25	MATURITY	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/15/25	09/15/25	09/15/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/15/25	09/15/25	09/15/25	MATURITY	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/16/25	09/16/25	09/16/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/16/25	09/16/25	09/16/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	500,000,000	0	500,000,000		0	
HSBC TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	400,000,000	0	400,000,000		0	
HSBC TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	300,000,000	0	300,000,000		0	
HSBC TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	500,000,000	0	500,000,000		0	
HSBC TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/30/25	09/30/25	09/30/25	MATURITY	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/30/25	09/30/25	09/30/25	MATURITY	900,000,000	0	900,000,000		0	
LA FAYETTE ASSET SECPABS4	09/17/25	09/17/25	09/17/25	MATURITY	100,000,000	0	100,000,000		0	
LA FAYETTE ASSET SECPABS4	09/18/25	09/18/25	09/18/25	MATURITY	75,000,000	0	75,000,000		0	
LA FAYETTE ASSET SECPABS4	09/24/25	09/24/25	09/24/25	MATURITY	50,000,000	0	50,000,000		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/05/25	09/05/25	MATURITY	210,000,000	0	210,000,000		0	

https:// pr ime. sbafla. com	17

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/03/25	09/03/25	MATURITY	210,000,000	0	210,000,000		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/04/25	09/04/25	MATURITY	210,000,000	0	210,000,000		0	
LION BAY FUND FIXED COUPON 0 MATURITY	09/02/25	09/02/25	09/02/25	MATURITY	210,000,000	0	210,000,000		0	
20250902
LION BAY FUND FIXED COUPON 0 MATURITY	
09/08/25	
09/08/25	
09/08/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/09/25	
09/09/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/10/25	
09/10/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/11/25	
09/11/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/12/25	
09/12/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/15/25	
09/15/25	
09/15/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250915
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/16/25	
09/16/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/17/25	
09/17/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/18/25	
09/18/25	
MATURITY	
140,000,000	
0	
140,000,000		
0	
20250918
LION BAY FUND FIXED COUPON 0 MATURITY	
09/19/25	
09/19/25	
09/19/25	
MATURITY	
110,000,000	
0	
110,000,000		
0	
20250919
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/22/25	
09/22/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/24/25	
09/24/25	
09/24/25	
MATURITY	
135,000,000	
0	
135,000,000		
0	
20250924
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/25/25	
09/25/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/26/25	
09/26/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250926
LION BAY FUND FIXED COUPON 0 MATURITY	
09/29/25	
09/29/25	
09/29/25	
MATURITY	
210,000,000	
0	
210,000,000		
0	
20250929
LMA-AMERICAS LLC CPCPABS4	
09/02/25	
09/02/25	
09/02/25	
MATURITY	
50,700,000	
0	
50,700,000		
0	
LMA-AMERICAS LLCCPABS4-2	09/15/25	09/15/25	09/15/25	MATURITY	60,000,000	0	60,000,000		0	
LONGSHIP FDG DAC / 0.0 19SEP25 144A	09/19/25	09/19/25	09/19/25	MATURITY	74,500,000	0	74,500,000		0	
LONGSHIP FDG DAC / 0.0 24SEP25 144A	09/24/25	09/24/25	09/24/25	MATURITY	175,000,000	0	175,000,000		0	
MATCHPOINT FIN FIXED COUPON 0 MATURITY	09/03/25	09/03/25	09/03/25	MATURITY	100,000,000	0	100,000,000		0	
20250903
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/09/25	
09/09/25	
09/09/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250909
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/12/25	
09/12/25	
09/12/25	
MATURITY	
120,000,000	
0	
120,000,000		
0	
20250912
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/18/25	
09/18/25	
09/18/25	
MATURITY	
130,000,000	
0	
130,000,000		
0	
20250918
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/19/25	
09/19/25	
09/19/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250919
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/22/25	
09/22/25	
09/22/25	
MATURITY	
30,000,000	
0	
30,000,000		
0	
20250922
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/23/25	
09/23/25	
09/23/25	
MATURITY	
120,000,000	
0	
120,000,000		
0	
20250923
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/26/25	
09/26/25	
09/26/25	
MATURITY	
100,000,000	
0	
100,000,000		
0	
20250926
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/29/25	
09/29/25	
09/29/25	
MATURITY	
130,000,000	
0	
130,000,000		
0	
20250929
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/30/25	
09/30/25	
09/30/25	
MATURITY	
100,000,000	
0	
100,000,000		
0	
20250930
MATCHPOINT FIN PLC SER 0.0 02SEP25	
09/02/25	
09/02/25	
09/02/25	
MATURITY	
108,000,000	
0	
108,000,000		
0	
MATCHPOINT FIN PLC SER 0.0 04SEP25	09/04/25	09/04/25	09/04/25	MATURITY	100,000,000	0	100,000,000		0	
MATCHPOINT FIN PLC SER 0.0 05SEP25	09/05/25	09/05/25	09/05/25	MATURITY	100,000,000	0	100,000,000		0	
MATCHPOINT FIN PLC SER 0.0 08SEP25	09/08/25	09/08/25	09/08/25	MATURITY	100,000,000	0	100,000,000		0	
MATCHPOINT FIN PLC SER 0.0 10SEP25	09/10/25	09/10/25	09/10/25	MATURITY	125,000,000	0	125,000,000		0	
MATCHPOINT FIN PLC SER 0.0 11SEP25	09/11/25	09/11/25	09/11/25	MATURITY	120,000,000	0	120,000,000		0	
MATCHPOINT FIN PLC SER 0.0 15SEP25	09/15/25	09/15/25	09/15/25	MATURITY	120,000,000	0	120,000,000		0	
MATCHPOINT FIN PLC SER 0.0 16SEP25	09/16/25	09/16/25	09/16/25	MATURITY	100,000,000	0	100,000,000		0	
MATCHPOINT FIN PLC SER 0.0 17SEP25	09/17/25	09/17/25	09/17/25	MATURITY	110,000,000	0	110,000,000		0	
MIZUHO BANK- LTD.	09/30/25	09/30/25	09/30/25	MATURITY	500,000,000	0	500,000,000		0	
MIZUHO BANK- LTD.- CANADA BRANCH	09/25/25	09/25/25	09/25/25	MATURITY	805,000,000	0	805,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/25/25	09/25/25	MATURITY	300,000,000	0	300,000,000		0	
MIZUHO TRIPARTY	09/02/25	09/02/25	09/02/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/03/25	09/03/25	09/03/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/04/25	09/04/25	09/04/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/05/25	09/05/25	09/05/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/08/25	09/08/25	09/08/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/09/25	09/09/25	09/09/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/10/25	09/10/25	09/10/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/11/25	09/11/25	09/11/25	MATURITY	400,000,000	0	400,000,000		0	

18	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
MIZUHO TRIPARTY	09/12/25	09/12/25	09/12/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/15/25	09/15/25	09/15/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/16/25	09/16/25	09/16/25	MATURITY	600,000,000	0	600,000,000		0	
MIZUHO TRIPARTY	09/17/25	09/17/25	09/17/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/18/25	09/18/25	09/18/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/19/25	09/19/25	09/19/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/22/25	09/22/25	09/22/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/23/25	09/23/25	09/23/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/24/25	09/24/25	09/24/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/25/25	09/25/25	09/25/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/26/25	09/26/25	09/26/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/29/25	09/29/25	09/29/25	MATURITY	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/30/25	09/30/25	09/30/25	MATURITY	400,000,000	0	400,000,000		0	
MUFG BANK LTD- CDYACDYAN	09/03/25	09/03/25	09/03/25	MATURITY	55,000,000	0	55,000,000		0	
MUFG BANK LTD- CPCP	09/17/25	09/17/25	09/17/25	MATURITY	150,000,000	0	150,000,000		0	
MUFG BANK LTD- CPCP	09/24/25	09/24/25	09/24/25	MATURITY	191,000,000	0	191,000,000		0	
NATIONWIDE BUILDINGCP4-2	09/04/25	09/04/25	09/04/25	MATURITY	105,000,000	0	105,000,000		0	
OLD LINE FUNDING, LCPABS4	09/25/25	09/25/25	09/25/25	MATURITY	25,000,000	0	25,000,000		0	
PODIUM FUNDING TRUSCPABS3	09/02/25	09/02/25	09/02/25	MATURITY	100,000,000	0	100,000,000		0	
RABOBANK NEW YORK	09/02/25	09/02/25	09/02/25	MATURITY	575,000,000	0	575,000,000		0	
RABOBANK NEW YORK	09/03/25	09/03/25	09/03/25	MATURITY	700,000,000	0	700,000,000		0	
RABOBANK NEW YORK	09/09/25	09/09/25	09/09/25	MATURITY	575,000,000	0	575,000,000		0	
RABOBANK NEW YORK	09/10/25	09/10/25	09/10/25	MATURITY	700,000,000	0	700,000,000		0	
RABOBANK NEW YORK	09/16/25	09/16/25	09/16/25	MATURITY	575,000,000	0	575,000,000		0	
RABOBANK NEW YORK	09/17/25	09/17/25	09/17/25	MATURITY	500,000,000	0	500,000,000		0	
SHEFFIELD RECEIVABLCPABS4	09/18/25	09/18/25	09/18/25	MATURITY	130,000,000	0	130,000,000		0	
SHEFFIELD RECEIVABLCPABS4	09/22/25	09/22/25	09/22/25	MATURITY	50,000,000	0	50,000,000		0	
SHEFFIELD RECEIVABLCPABS4	09/23/25	09/23/25	09/23/25	MATURITY	155,000,000	0	155,000,000		0	
SOC GENERALE FIXED COUPON 0 MATURITY	09/30/25	09/30/25	09/30/25	MATURITY	500,000,000	0	500,000,000		0	
20250930
STARBIRD FDG CORP DISC 0.0 02SEP25	
09/02/25	
09/02/25	
09/02/25	
MATURITY	
50,000,000	
0	
50,000,000		
0	
STARBIRD FDG CORP DISC 0.0 04SEP25	09/04/25	09/04/25	09/04/25	MATURITY	66,000,000	0	66,000,000		0	
STARBIRD FDG CORP DISC 0.0 05SEP25	09/05/25	09/05/25	09/05/25	MATURITY	133,000,000	0	133,000,000		0	
STARBIRD FDG CORP DISC 0.0 09SEP25	09/09/25	09/09/25	09/09/25	MATURITY	130,000,000	0	130,000,000		0	
STARBIRD FDG CORP DISC 0.0 10SEP25	09/10/25	09/10/25	09/10/25	MATURITY	150,000,000	0	150,000,000		0	
STARBIRD FDG CORP DISC 0.0 11SEP25	09/11/25	09/11/25	09/11/25	MATURITY	150,000,000	0	150,000,000		0	
STARBIRD FDG CORP DISC 0.0 16SEP25	09/16/25	09/16/25	09/16/25	MATURITY	50,000,000	0	50,000,000		0	
STARBIRD FDG CORP DISC 0.0 17SEP25	09/17/25	09/17/25	09/17/25	MATURITY	35,000,000	0	35,000,000		0	
STARBIRD FDG FIXED COUPON 0 MATURITY	09/03/25	09/03/25	09/03/25	MATURITY	50,000,000	0	50,000,000		0	
20250903
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/08/25	
09/08/25	
09/08/25	
MATURITY	
95,000,000	
0	
95,000,000		
0	
20250908
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/12/25	
09/12/25	
09/12/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250912
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/15/25	
09/15/25	
09/15/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250915
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/19/25	
09/19/25	
09/19/25	
MATURITY	
50,000,000	
0	
50,000,000		
0	
20250919
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/22/25	
09/22/25	
09/22/25	
MATURITY	
125,000,000	
0	
125,000,000		
0	
20250922
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/23/25	
09/23/25	
09/23/25	
MATURITY	
100,000,000	
0	
100,000,000		
0	
20250923
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/24/25	
09/24/25	
09/24/25	
MATURITY	
100,000,000	
0	
100,000,000		
0	
20250924
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/25/25	
09/25/25	
09/25/25	
MATURITY	
50,000,000	
0	
50,000,000		
0	
20250925
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/30/25	
09/30/25	
09/30/25	
MATURITY	
50,000,000	
0	
50,000,000		
0	
20250930
SUMITOMO MITSUI TRUCDYAN	
09/15/25	
09/15/25	
09/15/25	
MATURITY	
140,000,000	
0	
140,000,000		
0	
SUMITOMO MITSUI TRUCDYAN	09/22/25	09/22/25	09/22/25	MATURITY	166,000,000	0	166,000,000		0	
SUMITOMO MITSUI TRUECD	09/18/25	09/18/25	09/18/25	MATURITY	200,000,000	0	200,000,000		0	
TOYOTA CREDIT DE PUCP	09/22/25	09/22/25	09/22/25	MATURITY	25,000,000	0	25,000,000		0	
TOYOTA MTR CRED FLOATING COUPON 4.770000	09/17/25	09/17/25	09/17/25	MATURITY	150,000,000	0	150,000,000		0	
MATURITY 20250917
VICTORY RECEIVABLESCPABS4	
09/16/25	
09/16/25	
09/16/25	
MATURITY	
260,000,000	
0	
260,000,000		
0	
WESTPAC BANKING CORCP4-2	09/26/25	09/26/25	09/26/25	MATURITY	75,000,000	0	75,000,000		0	
WESTPAC BANKING CORCP4-2	09/29/25	09/29/25	09/29/25	MATURITY	100,000,000	0	100,000,000		0	
ARIFL 2025-A A1 FIXED COUPON 4.511000 MATU-	02/17/26	09/15/25	09/15/25	PAYDOWN	2,760,813	0	2,760,813		0	
RITY 20260217
EFF 2025-3 A1 FIXED COUPON 4.551000 MATURITY	
07/20/26	
09/22/25	
09/22/25	
PAYDOWN	
2,317,936	
0	
2,317,936		
0	
20260720
GALC 2025-1 A1 FIXED COUPON 4.462000 MATU-	
03/16/26	
09/15/25	
09/15/25	
PAYDOWN	
1,799,981	
0	
1,799,981		
0	
RITY 20260316
WLAKE 2025-2A A1 FIXED COUPON 4.642000	
07/15/26	
09/15/25	
09/15/25	
PAYDOWN	
9,151,065	
0	
9,151,065		
0	
MATURITY 20260715 ABN AMRO BANK N.V.	
09/08/25	
09/02/25	
09/02/25	
PURCHASE	
1,275,000,000	
0	
1,275,000,000		
0	
ABN AMRO BANK N.V.	09/15/25	09/08/25	09/08/25	PURCHASE	1,275,000,000	0	1,275,000,000		0	
ABN AMRO BANK N.V.	09/22/25	09/15/25	09/15/25	PURCHASE	500,000,000	0	500,000,000		0	

https:// pr ime. sbafla. com	19

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
ABN AMRO BANK N.V.	09/29/25	09/22/25	09/22/25	PURCHASE	500,000,000	0	500,000,000		0	
ABN AMRO BANK N.V.	10/06/25	09/29/25	09/29/25	PURCHASE	1,000,000,000	0	1,000,000,000		0	
ALBION CORP/LLC FIXED COUPON 0 MATURITY	10/22/25	09/18/25	09/22/25	PURCHASE	50,000,000	0	49,827,083		0	
20251022
ALBION CORP/LLC FIXED COUPON 0 MATURITY	
10/22/25	
09/18/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,827,083		
0	
20251022
ALBION CORP/LLC FIXED COUPON 0 MATURITY	
10/22/25	
09/18/25	
09/22/25	
PURCHASE	
10,408,000	
0	
10,372,006		
0	
20251022
ALBION CORP/LLC FIXED COUPON 0 MATURITY	
12/24/25	
09/24/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,483,750		
0	
20251224
ALBION CORP/LLC FIXED COUPON 0 MATURITY	
12/24/25	
09/24/25	
09/25/25	
PURCHASE	
37,223,000	
0	
36,838,673		
0	
20251224
ANGLESEA FDG PLC / ANGL 0.0 10SEP25	
09/10/25	
09/03/25	
09/03/25	
PURCHASE	
20,000,000	
0	
19,983,083		
0	
ANGLESEA FDG PLC / ANGL 0.0 17SEP25	09/17/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,957,514		0	
ANGLESEA FDG PLC / ANGL 0.0 18SEP25	09/18/25	09/12/25	09/12/25	PURCHASE	25,000,000	0	24,981,792		0	
ANGLESEA FDG PLC / ANGL 0.0 18SEP25	09/18/25	09/12/25	09/12/25	PURCHASE	50,000,000	0	49,963,584		0	
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	09/12/25	09/05/25	09/05/25	PURCHASE	25,000,000	0	24,978,806		0	
20250912
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/12/25	
09/05/25	
09/05/25	
PURCHASE	
50,000,000	
0	
49,957,611		
0	
20250912
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/16/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,957,514		
0	
20250916
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/16/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,957,514		
0	
20250916
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
09/16/25	
09/09/25	
09/09/25	
PURCHASE	
25,000,000	
0	
24,978,757		
0	
20250916
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
01/05/26	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,385,361		
0	
20260105
ANGLESEA FUNDING FIXED COUPON 0 MATURITY	
01/05/26	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,385,361		
0	
20260105
ANGLESEA FUNDING LLCPABS4	
09/09/25	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
49,957,709		
0	
ANGLESEA FUNDING LLCPABS4	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
ANTALIS S A DISC COML P 0.0 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	49,000,000	0	48,960,460		0	
ANTALIS S A DISC COML P 0.0 17NOV25	11/17/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	49,657,500		0	
ANTALIS S A DISC COML P 0.0 17NOV25	11/17/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	49,657,500		0	
ANTALIS S A DISC COML P 0.0 17NOV25	11/17/25	09/18/25	09/18/25	PURCHASE	8,140,000	0	8,084,241		0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP	09/10/25	09/03/25	09/03/25	PURCHASE	1,275,000,000	0	1,275,000,000		0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/17/25	
09/10/25	
09/10/25	
PURCHASE	
900,000,000	
0	
900,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/23/25	
09/16/25	
09/16/25	
PURCHASE	
300,000,000	
0	
300,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
900,000,000	
0	
900,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
09/30/25	
09/23/25	
09/23/25	
PURCHASE	
325,000,000	
0	
325,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
900,000,000	
0	
900,000,000		
0	
LTD.
AUSTRALIA AND NEW ZEALAND BANKING GROUP	
10/07/25	
09/30/25	
09/30/25	
PURCHASE	
325,000,000	
0	
325,000,000		
0	
LTD.
BANK NOVA SCOTIA DISC C 0.0 04MAR26	
03/04/26	
09/02/25	
09/03/25	
PURCHASE	
50,000,000	
0	
48,966,139		
0	
BANK NOVA SCOTIA DISC C 0.0 04MAR26	03/04/26	09/02/25	09/03/25	PURCHASE	50,000,000	0	48,966,139		0	
Bank of America N.A. BNOTE	09/22/26	09/22/25	09/22/25	PURCHASE	50,000,000	0	50,000,000		0	
Bank of America N.A. BNOTE	09/22/26	09/22/25	09/22/25	PURCHASE	50,000,000	0	50,000,000		0	
BANK OF AMERICA TRIPARTY	09/03/25	09/02/25	09/02/25	PURCHASE	2,112,000,000	0	2,112,000,000		0	
BANK OF AMERICA TRIPARTY	09/04/25	09/03/25	09/03/25	PURCHASE	2,187,000,000	0	2,187,000,000		0	
BANK OF AMERICA TRIPARTY	09/05/25	09/04/25	09/04/25	PURCHASE	2,192,000,000	0	2,192,000,000		0	
BANK OF AMERICA TRIPARTY	09/08/25	09/05/25	09/05/25	PURCHASE	2,235,000,000	0	2,235,000,000		0	
BANK OF AMERICA TRIPARTY	09/09/25	09/08/25	09/08/25	PURCHASE	2,178,000,000	0	2,178,000,000		0	
BANK OF AMERICA TRIPARTY	09/10/25	09/09/25	09/09/25	PURCHASE	2,096,000,000	0	2,096,000,000		0	
BANK OF AMERICA TRIPARTY	09/11/25	09/10/25	09/10/25	PURCHASE	2,292,000,000	0	2,292,000,000		0	
BANK OF AMERICA TRIPARTY	09/12/25	09/11/25	09/11/25	PURCHASE	2,112,000,000	0	2,112,000,000		0	
BANK OF AMERICA TRIPARTY	09/15/25	09/12/25	09/12/25	PURCHASE	1,898,000,000	0	1,898,000,000		0	
BANK OF AMERICA TRIPARTY	09/16/25	09/15/25	09/15/25	PURCHASE	2,416,000,000	0	2,416,000,000		0	
BANK OF AMERICA TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	2,249,000,000	0	2,249,000,000		0	
BANK OF AMERICA TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	2,167,000,000	0	2,167,000,000		0	
BANK OF AMERICA TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	2,146,000,000	0	2,146,000,000		0	
BANK OF AMERICA TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	2,056,000,000	0	2,056,000,000		0	
BANK OF AMERICA TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	2,159,000,000	0	2,159,000,000		0	
BANK OF AMERICA TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	2,301,000,000	0	2,301,000,000		0	
BANK OF AMERICA TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	1,848,000,000	0	1,848,000,000		0	
BANK OF AMERICA TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	2,357,000,000	0	2,357,000,000		0	
BANK OF AMERICA TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	2,346,000,000	0	2,346,000,000		0	
BANK OF AMERICA TRIPARTY	09/30/25	09/29/25	09/29/25	PURCHASE	1,672,000,000	0	1,672,000,000		0	
BANK OF AMERICA TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	2,250,000,000	0	2,250,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/03/25	09/02/25	09/02/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/04/25	09/03/25	09/03/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/05/25	09/04/25	09/04/25	PURCHASE	700,000,000	0	700,000,000		0	

20	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
BANK OF NOVA SCOTIA TRIPARTY	09/08/25	09/05/25	09/05/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/09/25	09/08/25	09/08/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/10/25	09/09/25	09/09/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/11/25	09/10/25	09/10/25	PURCHASE	800,000,000	0	800,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/12/25	09/11/25	09/11/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/15/25	09/12/25	09/12/25	PURCHASE	700,000,000	0	700,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/16/25	09/15/25	09/15/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	09/30/25	09/29/25	09/29/25	PURCHASE	900,000,000	0	900,000,000		0	
BANK OF NOVA SCOTIA TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	900,000,000	0	900,000,000		0	
BARTON CAP SA DISC COML 0.0 11SEP25	09/11/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,957,806		0	
BENNINGTON STARK C 0.0 10SEP25 144A	09/10/25	09/03/25	09/03/25	PURCHASE	5,000,000	0	4,995,771		0	
BENNINGTON STARK C 0.0 10SEP25 144A	09/10/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,957,709		0	
BENNINGTON STARK C 0.0 10SEP25 144A	09/10/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,957,709		0	
BENNINGTON STARK C 0.0 17SEP25 144A	09/17/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,957,514		0	
BENNINGTON STARK C 0.0 17SEP25 144A	09/17/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,957,514		0	
BENNINGTON STARK C 0.0 17SEP25 144A	09/17/25	09/10/25	09/10/25	PURCHASE	5,000,000	0	4,995,751		0	
BENNINGTON STARK FIXED COUPON 0 MATURITY	09/24/25	09/17/25	09/17/25	PURCHASE	50,000,000	0	49,959,361		0	
20250924
BENNINGTON STARK FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,361		
0	
20250924
BENNINGTON STARK FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
10,112,000	
0	
10,103,781		
0	
20250924
BENNINGTON STARK FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,361		
0	
20250924
BENNINGTON STARK FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,361		
0	
20250924
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,959,944		
0	
20251001
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,959,944		
0	
20251001
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,959,944		
0	
20251001
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,959,944		
0	
20251001
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/01/25	
09/24/25	
09/24/25	
PURCHASE	
10,000,000	
0	
9,991,989		
0	
20251001
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,809,333		
0	
20251029
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,809,333		
0	
20251029
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/29/25	
09/26/25	
09/26/25	
PURCHASE	
20,900,000	
0	
20,820,301		
0	
20251029
BENNINGTON STARK FIXED COUPON 0 MATURITY	
10/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,809,333		
0	
20251029
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
28,000,000	
0	
27,977,269		
0	
20250924
BNG BANK NV FIXED COUPON 0 MATURITY	
09/24/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,959,410		
0	
20250924
BNG BK N V DISC COML PA 0.0 23SEP25	
09/23/25	
09/16/25	
09/16/25	
PURCHASE	
50,000,000	
0	
49,959,021		
0	
BNG BK N V DISC COML PA 0.0 23SEP25	09/23/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,959,021		0	
BNG BK N V DISC COML PA 0.0 23SEP25	09/23/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,959,021		0	
BNG BK N V DISC COML PA 0.0 23SEP25	09/23/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,959,021		0	
BNG BK N V DISC COML PA 0.0 23SEP25	09/23/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,959,021		0	
BPCE FIXED COUPON 0 MATURITY 20251201	12/01/25	09/09/25	09/10/25	PURCHASE	50,000,000	0	49,525,653		0	
BPCE FIXED COUPON 0 MATURITY 20251201	12/01/25	09/09/25	09/10/25	PURCHASE	50,000,000	0	49,525,653		0	
BPCE FIXED COUPON 0 MATURITY 20251201	12/01/25	09/09/25	09/10/25	PURCHASE	50,000,000	0	49,525,653		0	
CAISSE AMORT DET FIXED COUPON 0 MATURITY	03/09/26	09/08/25	09/09/25	PURCHASE	50,000,000	0	48,991,931		0	
20260309										

https:// pr ime. sbafla. com	21

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
CAISSE AMORT DET FIXED COUPON 0 MATURITY	03/09/26	09/08/25	09/09/25	PURCHASE	50,000,000	0	48,991,931		0	
20260309
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/09/26	
09/08/25	
09/09/25	
PURCHASE	
50,000,000	
0	
48,991,931		
0	
20260309
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/10/26	
09/09/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,998,750		
0	
20260310
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/10/26	
09/09/25	
09/11/25	
PURCHASE	
25,000,000	
0	
24,499,375		
0	
20260310
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/10/26	
09/09/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,998,750		
0	
20260310
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/10/26	
09/09/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,998,750		
0	
20260310
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/11/26	
09/10/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,993,188		
0	
20260311
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/11/26	
09/10/25	
09/11/25	
PURCHASE	
25,000,000	
0	
24,496,594		
0	
20260311
CAISSE AMORT DET FIXED COUPON 0 MATURITY	
03/11/26	
09/10/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,993,188		
0	
20260311
CHARIOT FDG LLC FIXED COUPON 0 MATURITY	
01/09/26	
09/24/25	
09/24/25	
PURCHASE	
25,000,000	
0	
24,696,833		
0	
20260109
CHARIOT FDG LLC FLOATING COUPON 4.39000	
03/06/26	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260306
CHARIOT FDG LLC FLOATING COUPON 4.39000	
03/06/26	
09/02/25	
09/02/25	
PURCHASE	
25,000,000	
0	
25,000,000		
0	
MATURITY 20260306
CHARIOT FDG LLC FLOATING COUPON 4.39000	
03/06/26	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260306
CHESHAM FIN LTD / CHE 0.00 07OCT25	
10/07/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,960,139		
0	
CHESHAM FIN LTD / CHE 0.00 07OCT25	10/07/25	09/30/25	09/30/25	PURCHASE	50,000,000	0	49,960,139		0	
CHESHAM FIN LTD / CHE 0.00 07OCT25	10/07/25	09/30/25	09/30/25	PURCHASE	50,000,000	0	49,960,139		0	
CHESHAM FIN LTD / CHE 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHE 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHE 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHE 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHE 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHE 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHE 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
CHESHAM FIN LTD / CHE 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
CHESHAM FIN LTD / CHE 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
CHESHAM FIN LTD / CHE 0.00 30SEP25	09/30/25	09/23/25	09/23/25	PURCHASE	50,000,000	0	49,960,139		0	
CHESHAM FIN LTD / CHE 0.00 30SEP25	09/30/25	09/23/25	09/23/25	PURCHASE	50,000,000	0	49,960,139		0	
CHESHAM FIN LTD / CHE 0.00 30SEP25	09/30/25	09/23/25	09/23/25	PURCHASE	50,000,000	0	49,960,139		0	
CHESHAM FIN LTD / CHES 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHES 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHES 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,957,709		0	
CHESHAM FIN LTD / CHES 0.00 09SEP25	09/09/25	09/02/25	09/02/25	PURCHASE	44,000,000	0	43,962,783		0	
CHESHAM FIN LTD / CHES 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	45,000,000	0	44,961,763		0	
CHESHAM FIN LTD / CHES 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHES 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHES 0.00 16SEP25	09/16/25	09/08/25	09/09/25	PURCHASE	50,000,000	0	49,957,514		0	
CHESHAM FIN LTD / CHES 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
CHESHAM FIN LTD / CHES 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
CHESHAM FIN LTD / CHES 0.00 23SEP25	09/23/25	09/15/25	09/16/25	PURCHASE	50,000,000	0	49,959,361		0	
COLLAT COMM V FLOATING COUPON 4.41000	02/27/26	09/02/25	09/02/25	PURCHASE	50,000,000	0	50,000,000		0	
MATURITY 20260227
COLLAT COMM V FLOATING COUPON 4.41000	
02/27/26	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260227
COLLAT COMM V FLOATING COUPON 4.41000	
02/27/26	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260227
COLLAT COMM V FLOATING COUPON 4.45000	
06/01/26	
09/04/25	
09/05/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260601
COLLAT COMM V FLOATING COUPON 4.45000	
06/01/26	
09/04/25	
09/05/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260601
COLLAT COMM V FLOATING COUPON 4.45000	
06/01/26	
09/04/25	
09/05/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260601
COLLAT COMM V FLOATING COUPON 4.45000	
06/01/26	
09/04/25	
09/05/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
MATURITY 20260601
DNB BANK ASA FIXED COUPON 0 MATURITY	
06/11/26	
09/10/25	
09/11/25	
PURCHASE	
50,000,000	
0	
48,540,209		
0	
20260611
DNB BANK ASA FIXED COUPON 0 MATURITY	
06/11/26	
09/10/25	
09/11/25	
PURCHASE	
25,000,000	
0	
24,270,104		
0	
20260611
DREY-GVT CSH-I	
08/01/54	
08/04/25	
08/04/25	
PURCHASE	
3,220,630	
0	
3,220,630		
0	
DREY-GVT CSH-I	08/01/54	08/07/25	08/07/25	PURCHASE	1,765,962	0	1,765,962		0	
DREY-GVT CSH-I	08/01/54	08/12/25	08/12/25	PURCHASE	2,661,840	0	2,661,840		0	
DREY-GVT CSH-I	08/01/54	08/13/25	08/13/25	PURCHASE	1,931,892	0	1,931,892		0	
DREY-GVT CSH-I	08/01/54	08/15/25	08/15/25	PURCHASE	2,545,918	0	2,545,918		0	
DREY-GVT CSH-I	08/01/54	08/19/25	08/19/25	PURCHASE	3,425,970	0	3,425,970		0	
DREY-GVT CSH-I	08/01/54	08/20/25	08/20/25	PURCHASE	1,385,141	0	1,385,141		0	

22	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
DREY-GVT CSH-I	08/01/54	08/26/25	08/26/25	PURCHASE	5,223,810	0	5,223,810		0	
DREY-GVT CSH-I	08/01/54	08/28/25	08/28/25	PURCHASE	2,362,458	0	2,362,458		0	
DREY-GVT CSH-I	08/01/54	09/03/25	09/03/25	PURCHASE	3,859,027	0	3,859,027		0	
DREY-GVT CSH-I	08/01/54	09/09/25	09/09/25	PURCHASE	3,866,055	0	3,866,055		0	
DREY-GVT CSH-I	08/01/54	09/10/25	09/10/25	PURCHASE	1,090,626	0	1,090,626		0	
DREY-GVT CSH-I	08/01/54	09/15/25	09/15/25	PURCHASE	6,269,093	0	6,269,093		0	
DREY-GVT CSH-I	08/01/54	09/19/25	09/19/25	PURCHASE	2,696,370	0	2,696,370		0	
DREY-GVT CSH-I	08/01/54	09/23/25	09/23/25	PURCHASE	2,384,592	0	2,384,592		0	
DREY-GVT CSH-I	08/01/54	09/25/25	09/25/25	PURCHASE	2,238,087	0	2,238,087		0	
DREY-GVT CSH-I	08/01/54	09/30/25	09/30/25	PURCHASE	3,437,922	0	3,437,922		0	
FALCON ASSET FIXED COUPON 0 MATURITY	01/07/26	09/25/25	09/25/25	PURCHASE	50,000,000	0	49,410,667		0	
20260107
FALCON ASSET FIXED COUPON 0 MATURITY	
01/07/26	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,410,667		
0	
20260107
GOTHAM FDG CORP DISC CO 0.0 15DEC25	
12/15/25	
09/16/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,488,250		
0	
GOTHAM FDG CORP DISC CO 0.0 15DEC25	12/15/25	09/16/25	09/17/25	PURCHASE	50,000,000	0	49,488,250		0	
GREAT BEAR FDG DAC 0.0 03NOV25 144A	11/03/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	49,734,861		0	
GREAT BEAR FDG DAC 0.0 03NOV25 144A	11/03/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	49,734,861		0	
GREAT BEAR FUND FIXED COUPON 0 MATURITY	09/12/25	09/05/25	09/05/25	PURCHASE	40,000,000	0	39,966,089		0	
20250912
GREAT BEAR FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,963,584		
0	
20250918
GREAT BEAR FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,917,750		
0	
20251001
GREAT BEAR FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/17/25	
09/17/25	
PURCHASE	
43,500,000	
0	
43,428,443		
0	
20251001
GTA Funding LLC CPACPABS4	
03/18/26	
09/18/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,012,500		
0	
HSBC TRIPARTY	09/03/25	09/02/25	09/02/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/03/25	09/02/25	09/02/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/04/25	09/03/25	09/03/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/04/25	09/03/25	09/03/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/05/25	09/04/25	09/04/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/05/25	09/04/25	09/04/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/08/25	09/05/25	09/05/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/08/25	09/05/25	09/05/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/09/25	09/08/25	09/08/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/09/25	09/08/25	09/08/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/10/25	09/09/25	09/09/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/10/25	09/09/25	09/09/25	PURCHASE	800,000,000	0	800,000,000		0	
HSBC TRIPARTY	09/11/25	09/10/25	09/10/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/11/25	09/10/25	09/10/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/12/25	09/11/25	09/11/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/12/25	09/11/25	09/11/25	PURCHASE	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/15/25	09/12/25	09/12/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/15/25	09/12/25	09/12/25	PURCHASE	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/16/25	09/15/25	09/15/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/16/25	09/15/25	09/15/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	500,000,000	0	500,000,000		0	
HSBC TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	400,000,000	0	400,000,000		0	
HSBC TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	300,000,000	0	300,000,000		0	
HSBC TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	500,000,000	0	500,000,000		0	
HSBC TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	700,000,000	0	700,000,000		0	
HSBC TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	09/30/25	09/29/25	09/29/25	PURCHASE	100,000,000	0	100,000,000		0	
HSBC TRIPARTY	09/30/25	09/29/25	09/29/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	100,000,000	0	100,000,000		0	

https:// pr ime. sbafla. com	23

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
HSBC TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	900,000,000	0	900,000,000		0	
HSBC TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	200,000,000	0	200,000,000		0	
ING (US) FUNDING FIXED COUPON 0 MATURITY	03/25/26	09/24/25	09/25/25	PURCHASE	50,000,000	0	49,007,014		0	
20260325
ING (US) FUNDING FIXED COUPON 0 MATURITY	
04/01/26	
09/30/25	
10/01/25	
PURCHASE	
20,000,000	
0	
19,600,611		
0	
20260401
J P MORGAN SECS LLC DIS 0.0 21NOV25	
11/21/25	
09/19/25	
09/19/25	
PURCHASE	
15,000,000	
0	
14,891,850		
0	
J P MORGAN SECS LLC DIS 0.0 21NOV25	11/21/25	09/19/25	09/19/25	PURCHASE	50,000,000	0	49,639,500		0	
LA FAYETTE ASSET SECUR 0.00 17DEC25	12/17/25	09/18/25	09/18/25	PURCHASE	45,000,000	0	44,538,750		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	10,000,000	0	9,998,797		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC 0.00 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/02/25	09/02/25	PURCHASE	10,000,000	0	9,998,797		0	
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 03SEP25	09/03/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	10,000,000	0	9,998,797		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FDG DAC DISC C 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
LION BAY FUND FIXED COUPON 0 MATURITY	09/08/25	09/05/25	09/05/25	PURCHASE	50,000,000	0	49,981,959		0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
10,000,000	
0	
9,996,392		
0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
50,000,000	
0	
49,981,959		
0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
50,000,000	
0	
49,981,959		
0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
50,000,000	
0	
49,981,959		
0	
20250908
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
10,000,000	
0	
9,998,797		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/09/25	
09/09/25	
PURCHASE	
10,000,000	
0	
9,998,792		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/10/25	
09/09/25	
09/09/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250910
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/10/25	
09/10/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/10/25	
09/10/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/10/25	
09/10/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/10/25	
09/10/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/11/25	
09/10/25	
09/10/25	
PURCHASE	
10,000,000	
0	
9,998,792		
0	
20250911
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
10,000,000	
0	
9,998,792		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250912
LION BAY FUND FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,981,875		
0	
20250915										

24	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
LION BAY FUND FIXED COUPON 0 MATURITY	09/15/25	09/12/25	09/12/25	PURCHASE	50,000,000	0	49,981,875		0	
20250915
LION BAY FUND FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
10,000,000	
0	
9,996,375		
0	
20250915
LION BAY FUND FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,981,875		
0	
20250915
LION BAY FUND FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,981,875		
0	
20250915
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/15/25	
09/15/25	
PURCHASE	
10,000,000	
0	
9,998,792		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/15/25	
09/15/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/15/25	
09/15/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/15/25	
09/15/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/16/25	
09/15/25	
09/15/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250916
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/16/25	
09/16/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/16/25	
09/16/25	
PURCHASE	
10,000,000	
0	
9,998,792		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/16/25	
09/16/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/16/25	
09/16/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/17/25	
09/16/25	
09/16/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250917
LION BAY FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250918
LION BAY FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
40,000,000	
0	
39,995,167		
0	
20250918
LION BAY FUND FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,993,959		
0	
20250918
LION BAY FUND FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250919
LION BAY FUND FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
10,000,000	
0	
9,998,861		
0	
20250919
LION BAY FUND FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250919
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
10,000,000	
0	
9,996,583		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250922
LION BAY FUND FIXED COUPON 0 MATURITY	
09/24/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250924
LION BAY FUND FIXED COUPON 0 MATURITY	
09/24/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250924
LION BAY FUND FIXED COUPON 0 MATURITY	
09/24/25	
09/23/25	
09/23/25	
PURCHASE	
35,000,000	
0	
34,996,014		
0	
20250924
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
10,000,000	
0	
9,998,861		
0	
20250925
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250926
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250926
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250926
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250926
LION BAY FUND FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
10,000,000	
0	
9,998,861		
0	
20250926										

https:// pr ime. sbafla. com	25

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
LION BAY FUND FIXED COUPON 0 MATURITY	09/29/25	09/26/25	09/26/25	PURCHASE	10,000,000	0	9,996,583		0	
20250929
LION BAY FUND FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250929
LION BAY FUND FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250929
LION BAY FUND FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250929
LION BAY FUND FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,917		
0	
20250929
LION BAY FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20251001
LION BAY FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20251001
LION BAY FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20251001
LION BAY FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20251001
LION BAY FUND FIXED COUPON 0 MATURITY	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
10,000,000	
0	
9,998,861		
0	
20251001
LMA AMERICAS LLC FIXED COUPON 0 MATURITY	
12/11/25	
09/15/25	
09/15/25	
PURCHASE	
500,000	
0	
495,010		
0	
20251211
LMA AMERICAS LLC FIXED COUPON 0 MATURITY	
12/11/25	
09/15/25	
09/15/25	
PURCHASE	
50,000,000	
0	
49,500,959		
0	
20251211
LMA S A / LMA AMERS LLC 0.0 10NOV25	
11/10/25	
09/02/25	
09/02/25	
PURCHASE	
46,000,000	
0	
45,621,765		
0	
LONGSHIP FDG DAC / 0.0 01OCT25 144A	10/01/25	09/23/25	09/23/25	PURCHASE	37,300,000	0	37,265,850		0	
LONGSHIP FUNDING FIXED COUPON 0 MATURITY	10/27/25	09/24/25	09/24/25	PURCHASE	10,000,000	0	9,961,958		0	
20251027
LONGSHIP FUNDING FIXED COUPON 0 MATURITY	
10/27/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,809,792		
0	
20251027
LONGSHIP FUNDING FIXED COUPON 0 MATURITY	
10/27/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,809,792		
0	
20251027
LONGSHIP FUNDING FIXED COUPON 0 MATURITY	
10/28/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,775,209		
0	
20251028
LONGSHIP FUNDING FIXED COUPON 0 MATURITY	
10/28/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,775,209		
0	
20251028
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/03/25	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250903
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/03/25	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250903
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
25,000,000	
0	
24,996,993		
0	
20250909
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/09/25	
09/08/25	
09/08/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
20250909
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250912
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250912
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
20,000,000	
0	
19,997,589		
0	
20250912
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
30,000,000	
0	
29,996,383		
0	
20250918
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250918
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/18/25	
09/17/25	
09/17/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250918
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,994,320		
0	
20250919
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,994,320		
0	
20250919
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
25,000,000	
0	
24,997,160		
0	
20250919
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
30,000,000	
0	
29,989,775		
0	
20250922
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/23/25	
09/22/25	
09/22/25	
PURCHASE	
20,000,000	
0	
19,997,728		
0	
20250923
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/23/25	
09/22/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250923
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/23/25	
09/22/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250923
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/26/25	
09/25/25	
09/25/25	
PURCHASE	
50,000,000	
0	
49,994,278		
0	
20250926										

26	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
MATCHPOINT FIN FIXED COUPON 0 MATURITY	09/26/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	49,994,278		0	
20250926
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,833		
0	
20250929
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
30,000,000	
0	
29,989,700		
0	
20250929
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/29/25	
09/26/25	
09/26/25	
PURCHASE	
50,000,000	
0	
49,982,833		
0	
20250929
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250930
MATCHPOINT FIN FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250930
MATCHPOINT FIN PLC SER 0.0 01OCT25	
10/01/25	
09/30/25	
09/30/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
MATCHPOINT FIN PLC SER 0.0 01OCT25	10/01/25	09/30/25	09/30/25	PURCHASE	50,000,000	0	49,994,306		0	
MATCHPOINT FIN PLC SER 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
MATCHPOINT FIN PLC SER 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	50,000,000	0	49,993,986		0	
MATCHPOINT FIN PLC SER 0.0 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
MATCHPOINT FIN PLC SER 0.0 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
MATCHPOINT FIN PLC SER 0.0 08SEP25	09/08/25	09/05/25	09/05/25	PURCHASE	50,000,000	0	49,981,959		0	
MATCHPOINT FIN PLC SER 0.0 08SEP25	09/08/25	09/05/25	09/05/25	PURCHASE	50,000,000	0	49,981,959		0	
MATCHPOINT FIN PLC SER 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	25,000,000	0	24,996,986		0	
MATCHPOINT FIN PLC SER 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	20,000,000	0	19,997,589		0	
MATCHPOINT FIN PLC SER 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 15SEP25	09/15/25	09/12/25	09/12/25	PURCHASE	20,000,000	0	19,992,767		0	
MATCHPOINT FIN PLC SER 0.0 15SEP25	09/15/25	09/12/25	09/12/25	PURCHASE	50,000,000	0	49,981,917		0	
MATCHPOINT FIN PLC SER 0.0 15SEP25	09/15/25	09/12/25	09/12/25	PURCHASE	50,000,000	0	49,981,917		0	
MATCHPOINT FIN PLC SER 0.0 16SEP25	09/16/25	09/15/25	09/15/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 16SEP25	09/16/25	09/15/25	09/15/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 17SEP25	09/17/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 17SEP25	09/17/25	09/16/25	09/16/25	PURCHASE	50,000,000	0	49,993,972		0	
MATCHPOINT FIN PLC SER 0.0 17SEP25	09/17/25	09/16/25	09/16/25	PURCHASE	10,000,000	0	9,998,794		0	
MIZUHO BANK- LTD.	09/30/25	09/29/25	09/29/25	PURCHASE	500,000,000	0	500,000,000		0	
MIZUHO BANK- LTD.- CANADA BRANCH	09/25/25	09/24/25	09/24/25	PURCHASE	805,000,000	0	805,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 02OCT25	10/02/25	09/25/25	09/25/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO BK LTD NEW YORK BRH 25SEP25	09/25/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	50,000,000		0	
MIZUHO TRIPARTY	09/03/25	09/02/25	09/02/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/04/25	09/03/25	09/03/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/05/25	09/04/25	09/04/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/08/25	09/05/25	09/05/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/09/25	09/08/25	09/08/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/10/25	09/09/25	09/09/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/11/25	09/10/25	09/10/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/12/25	09/11/25	09/11/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/15/25	09/12/25	09/12/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/16/25	09/15/25	09/15/25	PURCHASE	600,000,000	0	600,000,000		0	
MIZUHO TRIPARTY	09/17/25	09/16/25	09/16/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/18/25	09/17/25	09/17/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/19/25	09/18/25	09/18/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/22/25	09/19/25	09/19/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/23/25	09/22/25	09/22/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/24/25	09/23/25	09/23/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/25/25	09/24/25	09/24/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/26/25	09/25/25	09/25/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/29/25	09/26/25	09/26/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	09/30/25	09/29/25	09/29/25	PURCHASE	400,000,000	0	400,000,000		0	
MIZUHO TRIPARTY	10/01/25	09/30/25	09/30/25	PURCHASE	400,000,000	0	400,000,000		0	
OLD LINE FDG LLC F 0.00 06MAR26 FRN	03/06/26	09/05/25	09/08/25	PURCHASE	50,000,000	0	48,980,695		0	
OLD LINE FDG LLC F 0.00 06MAR26 FRN	03/06/26	09/05/25	09/08/25	PURCHASE	50,000,000	0	48,980,695		0	
OLD LINE FND LLC FIXED COUPON 0 MATURITY	07/16/26	09/17/25	09/22/25	PURCHASE	50,000,000	0	48,416,000		0	
20260716										

https:// pr ime. sbafla. com	27

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
OLD LINE FND LLC FIXED COUPON 0 MATURITY	09/21/26	09/25/25	09/30/25	PURCHASE	25,000,000	0	24,050,667		0	
20260921
PARK AVE COLL FLOATING COUPON 4.45000	
06/12/26	
09/16/25	
09/16/25	
PURCHASE	
10,000,000	
0	
10,000,000		
0	
MATURITY 20260612
PODIUM FDG TR DISC COM 0.00 03MAR26	
03/03/26	
09/02/25	
09/02/25	
PURCHASE	
50,000,000	
0	
48,953,500		
0	
PODIUM FDG TR DISC COM 0.00 03MAR26	03/03/26	09/02/25	09/02/25	PURCHASE	50,000,000	0	48,953,500		0	
PODIUM FND TRU FIXED COUPON 0 MATURITY	06/11/26	09/16/25	09/16/25	PURCHASE	50,000,000	0	48,544,611		0	
20260611
RABOBANK NEW YORK	
09/09/25	
09/02/25	
09/02/25	
PURCHASE	
575,000,000	
0	
575,000,000		
0	
RABOBANK NEW YORK	09/10/25	09/03/25	09/03/25	PURCHASE	700,000,000	0	700,000,000		0	
RABOBANK NEW YORK	09/16/25	09/09/25	09/09/25	PURCHASE	575,000,000	0	575,000,000		0	
RABOBANK NEW YORK	09/17/25	09/10/25	09/10/25	PURCHASE	500,000,000	0	500,000,000		0	
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	12/11/25	09/18/25	09/18/25	PURCHASE	50,000,000	0	49,522,250		0	
20251211
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/11/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,522,250		
0	
20251211
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/11/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,522,250		
0	
20251211
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/11/25	
09/18/25	
09/18/25	
PURCHASE	
30,000,000	
0	
29,713,350		
0	
20251211
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/18/25	
09/23/25	
09/23/25	
PURCHASE	
46,000,000	
0	
45,550,554		
0	
20251218
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/18/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,511,472		
0	
20251218
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
12/18/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,511,472		
0	
20251218
SHEFFIELD RECEIV FIXED COUPON 0 MATURITY	
01/20/26	
09/22/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,323,333		
0	
20260120
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
SOC GENERALE FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,250		
0	
20250930
STARBIRD FDG CORP DISC 0.0 04SEP25	
09/04/25	
09/03/25	
09/03/25	
PURCHASE	
50,000,000	
0	
49,993,986		
0	
STARBIRD FDG CORP DISC 0.0 04SEP25	09/04/25	09/03/25	09/03/25	PURCHASE	16,000,000	0	15,998,076		0	
STARBIRD FDG CORP DISC 0.0 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	33,000,000	0	32,996,031		0	
STARBIRD FDG CORP DISC 0.0 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
STARBIRD FDG CORP DISC 0.0 05SEP25	09/05/25	09/04/25	09/04/25	PURCHASE	50,000,000	0	49,993,986		0	
STARBIRD FDG CORP DISC 0.0 09SEP25	09/09/25	09/08/25	09/08/25	PURCHASE	50,000,000	0	49,993,986		0	
STARBIRD FDG CORP DISC 0.0 09SEP25	09/09/25	09/08/25	09/08/25	PURCHASE	50,000,000	0	49,993,986		0	
STARBIRD FDG CORP DISC 0.0 09SEP25	09/09/25	09/08/25	09/08/25	PURCHASE	30,000,000	0	29,996,392		0	
STARBIRD FDG CORP DISC 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 10SEP25	09/10/25	09/09/25	09/09/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 11SEP25	09/11/25	09/10/25	09/10/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 16SEP25	09/16/25	09/15/25	09/15/25	PURCHASE	50,000,000	0	49,993,972		0	
STARBIRD FDG CORP DISC 0.0 17SEP25	09/17/25	09/16/25	09/16/25	PURCHASE	35,000,000	0	34,995,780		0	
STARBIRD FDG FIXED COUPON 0 MATURITY	09/03/25	09/02/25	09/02/25	PURCHASE	50,000,000	0	49,993,986		0	
20250903
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
50,000,000	
0	
49,981,959		
0	
20250908
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/08/25	
09/05/25	
09/05/25	
PURCHASE	
45,000,000	
0	
44,983,763		
0	
20250908
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250912
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
25,000,000	
0	
24,996,986		
0	
20250912
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/12/25	
09/11/25	
09/11/25	
PURCHASE	
50,000,000	
0	
49,993,972		
0	
20250912
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,981,917		
0	
20250915										

28	Florida PRIMETM Monthly Summary Report - September 30 , 2025

TRADING ACTIVITY FOR SEPTEMBER 2025

Issue
Description	Maturity
Date	Trade
Date	settlement
dt	Transaction	Quantity	Traded
Interest Local	Net Amount
Local	Total
Real G/L		
STARBIRD FDG FIXED COUPON 0 MATURITY	09/15/25	09/12/25	09/12/25	PURCHASE	25,000,000	0	24,990,958		0	
20250915
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/15/25	
09/12/25	
09/12/25	
PURCHASE	
50,000,000	
0	
49,981,917		
0	
20250915
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/19/25	
09/18/25	
09/18/25	
PURCHASE	
50,000,000	
0	
49,994,320		
0	
20250919
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
25,000,000	
0	
24,991,479		
0	
20250922
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,959		
0	
20250922
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/22/25	
09/19/25	
09/19/25	
PURCHASE	
50,000,000	
0	
49,982,959		
0	
20250922
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/23/25	
09/22/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250923
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/23/25	
09/22/25	
09/22/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250923
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/24/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250924
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/24/25	
09/23/25	
09/23/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250924
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/25/25	
09/24/25	
09/24/25	
PURCHASE	
50,000,000	
0	
49,994,319		
0	
20250925
STARBIRD FDG FIXED COUPON 0 MATURITY	
09/30/25	
09/29/25	
09/29/25	
PURCHASE	
50,000,000	
0	
49,994,306		
0	
20250930
SUMITOMO MITSUI TR BK L 4.2 08DEC25	
12/08/25	
09/10/25	
09/11/25	
PURCHASE	
50,000,000	
0	
50,000,000		
0	
SUMITOMO MITSUI TR BK L 4.2 08DEC25	12/08/25	09/10/25	09/11/25	PURCHASE	50,000,000	0	50,000,000		0	
SUMITOMO TRUST AND BANKING 06JAN26	01/06/26	09/23/25	09/25/25	PURCHASE	150,000,000	0	150,000,000		0	
SVENSKA HNDL FIXED COUPON 0 MATURITY	06/12/26	09/15/25	09/16/25	PURCHASE	50,000,000	0	48,557,861		0	
20260612
SVENSKA HNDL FIXED COUPON 0 MATURITY	
06/12/26	
09/15/25	
09/16/25	
PURCHASE	
50,000,000	
0	
48,557,861		
0	
20260612
SVENSKA HNDL FIXED COUPON 0 MATURITY	
06/12/26	
09/15/25	
09/16/25	
PURCHASE	
50,000,000	
0	
48,557,861		
0	
20260612
SVENSKA HNDL FIXED COUPON 0 MATURITY	
06/12/26	
09/15/25	
09/16/25	
PURCHASE	
20,000,000	
0	
19,423,144		
0	
20260612
TOYOTA CRED PR FIXED COUPON 0 MATURITY	
06/15/26	
09/22/25	
09/22/25	
PURCHASE	
25,000,000	
0	
24,264,806		
0	
20260615
WESTPAC BANK CRP FIXED COUPON 0 MATURITY	
09/22/26	
09/26/25	
09/29/25	
PURCHASE	
40,000,000	
0	
38,480,489		
0	
20260922
DREY-GVT CSH-I	
08/01/54	
08/05/25	
08/05/25	
SELL	
7,230,668	
0	
7,230,668		
0	
DREY-GVT CSH-I	08/01/54	08/06/25	08/06/25	SELL	1,718,585	0	1,718,585		0	
DREY-GVT CSH-I	08/01/54	08/08/25	08/08/25	SELL	1,765,962	0	1,765,962		0	
DREY-GVT CSH-I	08/01/54	08/14/25	08/14/25	SELL	4,593,732	0	4,593,732		0	
DREY-GVT CSH-I	08/01/54	08/18/25	08/18/25	SELL	2,545,918	0	2,545,918		0	
DREY-GVT CSH-I	08/01/54	08/21/25	08/21/25	SELL	1,460,658	0	1,460,658		0	
DREY-GVT CSH-I	08/01/54	08/22/25	08/22/25	SELL	3,350,453	0	3,350,453		0	
DREY-GVT CSH-I	08/01/54	08/27/25	08/27/25	SELL	5,223,810	0	5,223,810		0	
DREY-GVT CSH-I	08/01/54	08/29/25	08/29/25	SELL	2,362,458	0	2,362,458		0	
DREY-GVT CSH-I	08/01/54	09/04/25	09/04/25	SELL	544,973	0	544,973		0	
DREY-GVT CSH-I	08/01/54	09/05/25	09/05/25	SELL	480,450	0	480,450		0	
DREY-GVT CSH-I	08/01/54	09/08/25	09/08/25	SELL	2,833,604	0	2,833,604		0	
DREY-GVT CSH-I	08/01/54	09/11/25	09/11/25	SELL	4,956,682	0	4,956,682		0	
DREY-GVT CSH-I	08/01/54	09/16/25	09/16/25	SELL	6,269,093	0	6,269,093		0	
DREY-GVT CSH-I	08/01/54	09/22/25	09/22/25	SELL	2,696,370	0	2,696,370		0	
DREY-GVT CSH-I	08/01/54	09/24/25	09/24/25	SELL	2,384,592	0	2,384,592		0	
DREY-GVT CSH-I	08/01/54	09/26/25	09/26/25	SELL	2,238,087	0	2,238,087		0	
						0	253,648,832,415		0	

https:// pr ime. sbafla. com	29

Our Mission

Section D

Section 1

PROPOSAL
Covell Automation & Design Service
#EC13003834
600 South Main Street Brooksville, Florida 34601
(352) 279-5913

To:	GSM	Location:  Montverde Facilities

We hereby submit specifications and estimates for:
Provide materials and labor to:
Hillcrest WTF	$24,000.00
Build new back panel with BRX PLC to control all plant motors and install
Reprogram existing HMI
Remove all existing physical switches and make them digital on HMI
Install VPN router (connect to customer supplied internet modem)
Install Sensaphone SCD-Pro auto-dialer
Sensaphone to communicate via Modbus for all alarm conditions from BRX PLC
Setup dialer callout per customer requirements.

Get Board Approval

One year of data service for dialer included. Renewal notice will be sent to customer from Sensaphone
Pine Island WTF Option #1	$13,000.00 Plus Labor
Reprogram / Troubleshoot existing M340 PLC with Square D software suite
Install VPN router (connect to customer supplied internet modem)
Install Sensaphone SCD-Pro auto-dialer
Sensaphone to communicate via Modbus for all alarm conditions from BRX PLC
Setup dialer callout per customer requirements.
One year of data service for dialer included. Renewal notice will be sent to customer from Sensaphone
LABOR RATE for programming / interface with M340 (Discounted rate) $150.00/Hr
Pine Island WTF Option #2	$26,000.00
Replace existing M340 PLC with BRX
Reprogram existing HMI
Remove all existing physical switches and make them digital on HMI
Install VPN router (connect to customer supplied internet modem)
Install Sensaphone SCD-Pro auto-dialer
Sensaphone to communicate via Modbus for all alarm conditions from BRX PLC
Setup dialer callout per customer requirements.
One year of data service for dialer included. Renewal notice will be sent to customer from Sensaphone
Integrate existing wireless serial communication to (3) remote wells
Pine Island WWTF Option #1	$13,000.00 Plus Labor
Reprogram / Troubleshoot existing M340 PLC with Square D software suite
Install VPN router (connect to customer supplied internet modem)
Install Sensaphone SCD-Pro auto-dialer
Sensaphone to communicate via Modbus for all alarm conditions from BRX PLC
Setup dialer callout per customer requirements.
One year of data service for dialer included. Renewal notice will be sent to customer from Sensaphone
LABOR RATE for programming / interface with M340 (Discounted rate) $150.00/Hr
Pine Island WWTF Option #2	$21,000.00
Replace existing M340 PLC with BRX
Reprogram existing HMI
Remove all existing physical switches and make them digital on HMI
Install VPN router (connect to customer supplied internet modem)
Install Sensaphone SCD-Pro auto-dialer
Sensaphone to communicate via Modbus for all alarm conditions from BRX PLC

Setup dialer callout per customer requirements.
One year of data service for dialer included. Renewal notice will be sent to customer from Sensaphone
Pine Island WWTF Turbidimeter Option #1	$9,150.00
Replace entire panel
36” x 36” x 12” Stainless Steel 3 point latch enclosure
Replace all wiring internal, but re-use existing turbidimeter.
Connect analog signal and verify signal in PLC
No warranty / guarantee on turbidimeter since it is unknown condition.
Pine Island WWTF Turbidimeter Option #2	$13,250.00
Replace entire panel
36” x 36” x 12” Stainless Steel 3 point latch enclosure
HF Scientific +MTOL turbidimeter
Connect analog signal and verify signal in PLC
1 year warranty on turbidimeter against defects in workmanship.

Get Board Approval

Pine Island WWTF Chlorine Analyzer Option #1	$10,200.00 EACH Get Board Approval
Replace entire panel
36” x 36” x 12” Stainless Steel 3 point latch enclosure
Replace all wiring internal, but re-use existing chlorine analyzer
Connect analog signal and verify signal in PLC
No warranty / guarantee on chlorine analyzer since it is unknown condition
Pine Island WWTF Chlorine Analyzer Option #2	$22,750.00 EACH
Replace entire panel
36” x 36” x 12” Stainless Steel 3 point latch enclosure
Hach CLT10sc analyzer
Hach SC200 Signal conditioner
Connect analog signal and verify signal in PLC

Lift Station Alarms	$4,000.00 EACH
Add small enclosure near control panel
Accu-Dose remote monitoring device to monitor
Pump 1/2 Run times
All float status
Assist customer with setup on their cellular device
3 years of cellular coverage included. Renewal to be responsibility of customer

WE PROPOSE hereby to furnish material and labor-in accordance with these specifications, for the sum:

Get Board Approval

	SEE ABOVE	Dollars	SEE ABOVE	
Payable as follows:
	Any items selected require 50% deposit with remainder due upon completion	
All material is guaranteed to be as specified. All work to be completed in a workmanlike manner according to standard practices. Any alterations or deviation from the above specifications involving extra cost will be executed only upon written order, and will become an extra charge over and above the proposal. All agreements contingent upon strikes, accidents or delays beyond our control. Owner to carry necessary liability and workers compensation insurance.
Bryon A. Covell
11/7/2025

Authorized Signature	Date (This proposal may be withdraw if not accepted within	30	 days.

Acceptance of Proposal (sign & print name)	Date
The prices, specifications and conditions are satisfactory and are hereby accepted. You are authorized to do the work as specified. Payment will be made as outlined above.