Coral Keys Homes Community Development District
http://www.coralkeyshomescdd.com

Noemi Garcia, Chair
Danilo Pereira, Assistant Secretary Shem Almeida, Assistant Secretary Manuel Robles, Assistant Secretary

November 18, 2025

Seat 4: Noemi Garcia (C.)		
Seat 2: Danilo Pereira (AS)		
Seat 3: Shem Almeida (AS)		
Seat 5: Manuel Robles (AS)		
Seat 1: Open Seat		

Coral Keys Homes
Community Development District
Agenda
Tuesday	Club Keys Pointe Clubhouse
November 18, 2025	350 NE 5th Place, Florida City, Florida 33034 7:00 p.m.		Join the meeting now
Meeting ID: 243 068 262 283 20 and Passcode: sp3y2Uq7
1 872-240-4685 and Phone Conference ID: 851 511 495#

Roll Call

Organizational Matters
Consideration of Appointment of Supervisor(s) to Unexpired Term(s) of Office – Seat #1 (11/2028)
Oath of Office for Newly Appointed Supervisor(s) – Page 3
Election of Officer(s)
Approval of Minutes of the September 16, 2025 Meeting – Page 4
Staff Reports
Attorney
Engineer
Clubhouse/ Field
Manager – Final Approval of the FY2024 – FY2025 Report Performance Measures and Standards – Page 10

Financial Reports
Acceptance of Check Register – Page 14

Acceptance of Unaudited Financials – Page 17

Supervisors Requests and Audience Comments

Adjournment
Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this CDD please visit the website: http://www.coralkeyshomescdd.com

Oath of Office

I, 	 a resident of the State of Florida and citizen of the United States of America, and being a Supervisor of the Coral Keys Homes Community Development District and a recipient of public funds on behalf of the District, do hereby solemnly swear or affirm that I will support the Constitution of the United States and of the State of Florida, and will faithfully, honestly and impartially discharge the duties devolving upon me in the office of Supervisor of the Coral Keys Homes Community Development District, 	County, Florida.
Signature 	 Home Address 	

County of Residence: 	 Telephone #: 	 E-mail: 	 Date: 	

Sworn	to	(or	affirmed)	before	me	this			day	of		,	by
	 whose signature appears hereinabove.

Notary Public State of Florida

Print Name

My Commission expires Personally known 	 or produced identification 	
Type of identification	

MINUTES OF MEETING CORAL KEYS HOMES
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Coral Keys Homes Community Development District was held on Tuesday, September 16, 2025, at 7:00 p.m. at 350 NE 5th Place, Florida City, FL 33034

Present and constituting a quorum were:

Noemi Garcia	Chairman
Danilo Pereira	Vice Chairman
Shem Almeida	Assistant Secretary
Manuel Robles	Assistant Secretary

Also present were:

Ben Quesada	District Manager
Gabriella Fernandez	District Counsel
Alex Zavala	Club Manager - Property Keepers

FIRST ORDER OF BUSINESS	Roll Call
Mr. Quesada called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Organizational Matters
Consideration of Appointment of Supervisor(s) to Unexpired Term(s) of Office – Seat #1 (11/2028)
Oath of Office for Newly Appointed Supervisor(s)
Election of Officer(s)
Mr. Quesada presented the organizational matters stating seat #1 was currently vacant and asked the Board if they had anyone they wished to appoint. The Board had no one to appoint at this time. Mr. Quesada then stated this item would be tabled for the next meeting.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the
May 20, 2025 Meeting
Mr. Quesada presented the minutes from the May 20, 2025 meeting, asked for any comments or corrections, and upon hearing none, asked for a motion to approve the minutes.

On MOTION by Mr. Pereira seconded by Mr. Robles with all in favor, the Minutes of the May 20, 2025 Meeting were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Engagement
Letter with Grau & Associates to perform the Audit for Fiscal Year Ending September 30, 2025
Mr. Quesada presented the engagement letter with Grau & Associates to perform the audit for fiscal year ending September 30, 2025 and gave a brief explanation relating to this item. He then asked for any questions or comments and upon hearing none, asked for a motion to approve the engagement letter.

On MOTION by Mr. Pereira seconded by Mr. Almeida with all in favor, accepting the engagement letter with Grau & Associates to perform the audit for Fiscal Year ending September 30, 2025 was approved.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Fernandez stated she had no report at this time.

Engineer
Control Inspection Report
Mr. Quesada presented the control inspection report included in the agenda under section 5B-1 and gave a brief explanation of this item. He then asked for any comments or questions, and upon hearing none, asked for a motion to accept the control inspection report.

On MOTION by Mr. Pereira seconded by Mr. Robles with all in favor, accepting the Control Inspection Report was approved.

2

Yearly District Engineer’s Report for Fiscal Year 2025-2026
Mr. Quesada presented the yearly District Engineer’s report for fiscal year 2025- 2026 included in the agenda on page 23. He then gave a brief explanation of this item and asked for any comments or questions. Upon hearing none, asked for a motion to accept the control inspection report.

On MOTION by Mr. Almeida seconded by Mr. Pereira with all in favor, accepting the Yearly District Engineer’s report for Fiscal Year 2025-2026 was approved.

Clubhouse/Field – Discussion of Estimates and Proposals
Mr. Quesada presented the clubhouse/field discussion of estimates and proposals stating that Alex Zavala is the new HOA Club manager, and asked Mr. Zavala for his comments. Mr. Quesada also stated the estimates for pest control were included in the agenda on pages 28 and 61.
Mr. Zavala gave a brief summary comparison relating to the pest control proposals he had obtained.
Mr. Quesada then asked for any comments or questions, and upon hearing none, asked for a motion to approve a not to exceed amount of $85 per month for pest control services.
(At this point a discussion was held among the Board members, Mr. Quesada and Mr. Zavala relating to this item)

On MOTION by Mr. Pereira seconded by Mr. Almeida with all in favor, authorizing a not to exceed amount of $85 per month for pest control services, authorizing Alex Zavala to obtain additional proposals and also authorizing District staff to prepare an agreement was approved.

Mr. Quesada stated included in the agenda package on page 30 was a preventative maintenance agreement submitted by The Fitness Solution He also stated they are the current vendor who provides maintenance service for the gym equipment and they were requesting a slight increase to their monthly service from $150 to $175 per visit. Mr. Quesada then made a few additional comments relating to this item.
(At this point a discussion was held among the Board members and Mr. Quesada relating to this item)

3

Mr. Quesada then asked for any further comments or questions, and upon hearing none, asked for a motion to approve.

On MOTION by Mr. Robles seconded by Mr. Pereira with all in favor, accepting the Preventative Maintenance Agreement increase from $150 to $175 per visit with The Fitness Solution, Inc. for a total amount of $2,370 per year for monthly preventative gym equipment services, effective January 1, 2026, and also authorizing District staff to prepare an agreement was approved.

Mr. Quesada stated he had inadvertently missed a couple of proposals Mr. Zavala had sent to him and wanted to go over those. One was for the A/C cleaning with filter replacements for the clubhouse. Mr. Quesada stated, currently they had no contractor coming to the clubhouse to clean the A/C system drain lines or change the filters. Mr. Quesada then stated, about a month ago Mr. Zavala hired a contractor to come out and provide maintenance service for the A/C system but, currently the District was not engaged in any contract with any vendor for A/C maintenance services. Mr. Quesada also stated Mr. Zavala submitted proposals for HVAC maintenance services from HVAC Florida Services and also DUNY A/C.
(At this point a discussion was held among the Board members, Mr. Quesada and Mr. Zavala relating to this item)
Mr. Quesada then asked for any further comments or questions, and upon hearing none, asked for a motion to approve.

On MOTION by Mr. Almeida seconded by Mr. Pereira with all in favor, authorizing a not to exceed amount of $220 for monthly HVAC cleaning with filter replacements with DUNY A/C, LLC and also authorizing District staff to prepare an agreement was approved.

Mr. Zavala made a few comments relating to acid washing of the pool to remove the pool stains and gave a brief explanation of the proposal from the current vendor, Bright & Blue Pools in the amount of $2,500. Mr. Quesada stated there was money in the budget for this line item and the proposal from Bright & Blue Pools was on page 56 of the agenda.

4

(At this point a discussion was held among the Board members and Mr. Zavala relating to this item(Mr. Quesada stated they could bring back more options to the Board if they were not ready to vote on this item)(The Board agreed with Mr. Quesada’s statement)

Mr. Quesada stated there were two other proposals submitted by Mr. Zavala which were for landscaping improvements and asked Mr. Zavala to give a brief summary of the estimates.
Mr. Zavala gave a brief summary of the estimates from Miami Landscaping Everyday relating to the landscape proposals he had obtained for new plantings.
Mr. Quesada also stated the proposals were included in the agenda starting on page 35 for option #1 in the amount of $4,770, and option #2, on page 40 in the amount of $6,230 and the difference between them was one is for one row of plants and the other one is for two rows of plants.
(At this point a discussion was held among the Board members, Mr. Quesada and Mr. Zavala relating to the landscaping proposals)
Mr. Quesada then asked for any further comments or questions, and upon hearing none, asked for a motion to approve.

On MOTION by Mr. Pereira seconded by Mr. Almeida with all in favor, accepting the proposal from Miami Landscaping Everyday option #1, not to exceed $4,770 for one row of new plantings on CDD property where unauthorized parking has taken place was approved.

CDD Manager
Number of Registered Voters in the District - 382
Mr. Quesada stated on page 65 of the agenda he had received a letter from the Supervisor of Elections of Miami-Dade County giving the number of registered voters in the District as 382.

Form 1 Financial Disclosure Due July 1, 2025
Reminder to Complete Annual Ethics Training by December 31, 2025
Mr. Quesada presented the Form 1 financial disclosure due by July 1, 2025 and stated there was only one Board member who had not filed their form and that was discussed earlier. He also reminded the Board to complete their 4 hour ethics training by December 31, 2025, and the links could be found on the District’s website for those training sessions.

5

SIXTH ORDER OF BUSINESS	Financial Reports
Acceptance of Check Register
Acceptance of Unaudited Financials
Mr. Quesada presented the check register and the unaudited financials and asked for any questions or comments. Upon not hearing any, he asked for a motion to accept the financial reports.

On MOTION by Mr. Almeida seconded by Ms. Garcia with all in favor, the Check Register and the Unaudited Financials were approved.

SEVENTH ORDER OF BUSINESS	Supervisor’s	Requests	and
Audience Comments
Mr. Quesada asked for any Supervisor’s requests or any audience comments. There were no Supervisor’s requests at this time.

EIGHTH ORDER OF BUSINESS	Adjournment
Mr. Quesada asked for a motion to adjourn the meeting.

On MOTION by Mr. Pereira seconded by Ms. Garcia with all in favor, the Meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

6

Memorandum To:	Coral Keys Homes Board of Supervisors
From: District Management
Date: October 1, 2025
RE:	HB7013 – Special Districts Performance Measures and Standards-FINAL Report

To enhance accountability and transparency, new regulations were established for all
special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the first full fiscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and
activity, as well as develop performance measures and standards to assess the
achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance
measures and standards used, and any goals or objectives that were not achieved.
District Management has identified the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reflects whether the goals & objectives were met for the year. District
Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form
Coral Keys Homes Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☑ No ☐
November 19, 2024
Landowners Meeting Only - Held
January 21, 2025 - Cancelled
March 18, 2025 - Held
May 20, 2025 - Held
July 15, 2025 - Cancelled
September 16, 2025 - Held

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☑ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily
available and easily accessible to the public by completing monthly CDD website checks.

Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☑ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections Objective: Field manager and/or district manager will conduct inspections per
District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by field manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☑ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☑ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☑ No ☐
Goal 3.2: Financial Reports

Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes ☑ No ☐
Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory
requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory
requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☑ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Coral Keys Homes Community Development District

District Manager:		Date:	 Print Name:	 
Coral Keys Homes Community Development District

Coral Keys Homes	
COMMUNITY DEVELOPMENT DISTRICT	
Check Register
09/01/25 - 09/30/25

Date	Check #'s	Amount	

09/01/25 - 09/30/25	1103-1118	$49,119.60	

TOTAL	$	49,119.60	

9/03/25 00001	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	
	9/01/25	

CHECK	VEND#	.....INVOICE.....	...EXPENSED TO...	VENDOR	NAME	STATUS	AMOUNT	....CHECK.....	
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#	
9/03/25 00019	9/15/25	0221284	202509 330-57200-46100	*	425.00	
SEP	25	- POOL SERVICE	FLORIDA'S BRIGHT	&	BLUE	POOLS	425.00	001103	
- - - - - - - -	- - - - - - -	-	-	- - - - - - - - - - - - - - - - - -	-	- - - - - -	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
259	202509 310-51300-34000	*	4,345.25	
SEP	25	- MGMT FEES	
259	202509 310-51300-35100	*	100.00	
SEP	25	- COMPUTER TIME	
259	202509 310-51300-31300	*	125.00	
SEP	25	- DISSEMINATION	
259	202509 310-51300-35101	*	100.00	
SEP	25	- WEBSITE ADMIN	
259	202509 310-51300-42000	*	14.80	
SEP	25	- POSTAGE	
259	202509 310-51300-42500	*	2.37	
SEP	25	- COPIES	
GOVERNMENTAL	MANAGEMENT SERVICES	-	4,687.42	001104	
- - - - - - - -	- - - - - - -	-	-	- - - - - - - - - - - - - - - -	- - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
9/03/25 00049	8/05/25	1023	202508 320-53800-46200	*	2,500.00	
LANDSCAPE MAINT 8/5&8/26	
MIAMI LANDSCAPING EVERYDAY LLC	2,500.00	001105	
- - - - - - - -	- - - - - - - -	-	- - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
9/03/25 00022	9/02/25	16836	202509 330-57200-34000	*	2,500.00	
SEP 25	- PROP MNGR FEE	
9/02/25	16836	202509 330-57200-34010	*	1,683.00	
SEP 25	- MNTHLY MAINT FEE	
- - - - - - - -	- - - - - - -	-	-	PROPERTY KEEPERS
- - - - - - - - - - - - - - - - - -	MANAGEMENT, LLC
- - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	4,183.00
- - - - -	001106
- - -	
9/03/25 00047	8/01/25 59682	202509 330-57200-34501	*	850.00
SEP 25 - RMT VID MON SVC
VIRTUAL GUARD, INC.	850.00 001107
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/03/25 00046	9/03/25 25-008	202508 330-57200-34500	*	3,828.00
AUG 25 - SECURITY
1ST CHOICE SECURITY LLC	3,828.00 001108
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00003	8/31/25 194913	202508 310-51300-31500	*	352.50
AUG 25 - ATTORNEY FEES
BILLING, COCHRAN, LYLES, MAURO &	352.50 001109
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00021	4/15/25 071824-2 202504 330-57200-43100	*	127.84
WATER SERVICE
8/29/25 071824-2 202506 330-57200-43100	*	66.73
WATER SVC 6/06-6/30/25
CITY OF FLORIDA CITY	194.57 001110
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CKEY --CORAL KEYS-- ACOOPER

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/11/25 00040	9/01/25 84956006 202509 330-57200-41500	*	485.94
TV/INTERNET 9/3-10/2/25
COMCAST	485.94 001111
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00024	9/09/25 AUG 25	202508 320-53800-43000	*	152.62
AUG 25 - ELECTRIC
9/09/25 AUG 25	202508 320-53800-43300	*	1,623.72 AUG 25 - ELECTRIC
9/09/25 AUG 25	202508 330-57200-43000	*	1,290.74 AUG 25 - ELECTRIC
FPL	3,067.08 001112
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00049	9/09/25 1030	202509 320-53800-46200	*	2,500.00
LANDSCAPE MAINT 9/9&9/23
MIAMI LANDSCAPING EVERYDAY LLC	2,500.00 001113
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/25 00031	8/01/25 PSI19100 202508 320-53800-46300	*	250.00
AUG 25 - LAKE MAINT
9/01/25 PSI19918 202509 320-53800-46300	*	250.00
SEP 25 - LAKE MAINT
SOLITUDE LAKE MANAGEMENT	500.00 001114
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/25 00008	9/03/25 8709	202508 310-51300-31100	*	70.00
ENGINEERING SVC THRU 8/31
ALVAREZ ENGINEERS, INC.	70.00 001115
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/25 00012	9/25/25 30065	202509 300-15500-10000	*	23,740.00
FY 2026 INSURANCE
EGIS INSURANCE ADVISORS	23,740.00 001116
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/25 00025	9/19/25 92412131 202509 330-57200-51000	*	186.09
PAPER TOWELS
HD SUPPLY FACILITIES	186.09 001117
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/25 00035	9/25/25 3895	202508 310-51300-31200	*	550.00
SER 20 THRU 8/25/25
LLS TAX SOLUTIONS INC	550.00 001118
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	48,119.60
TOTAL FOR REGISTER	48,119.60

CKEY --CORAL KEYS-- ACOOPER

Coral Keys Homes	
Community Development District	

Unaudited Financial Reporting	
September 30, 2025	

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020	

5	
	Capital Projects Fund Series 2020	

6-7	
	Month to Month	

8	
	Long Term Debt Report	

9	
	Assessment Receipt Schedule	

Coral Keys Homes	
Community Development District	
Combined Balance Sheet	
September 30, 2025	

General	Debt Service	Capital Project	Totals	
Fund	Funds	Fund	Governmental Funds	

Assets:	
Cash:	
Operating Account	

$	6,735	$

-	$	-	$

6,735

Investments:	
State Board of Administration	

Series 2019	
Reserve	
Revenue	
Acq & Construction	

-	
-	
-	

159,200	
162,714	
-	
-	
-	
-	

-	
-	
10,437	

159,200	
162,714	
10,437	

23,740	
2,418	

-	
-	

23,740	
2,418	

574,522	-	-	574,522

Prepaid Expenses	
Deposits	

Total Assets	$	607,414	$	321,914	$	10,437	$	939,765	
Liabilities:	
Accounts Payable	$	8,911	$	-	$	-	$	8,911	

Total Liabilites	$	8,911	$	-	$	-	$	8,911

Fund Balance:	
Nonspendable:	
Deposits	
Restricted for:	
Debt Service - Series	
Capital Project - Series	
Unassigned	

$	2,418	$

-	$	-	$

2,418

-	
10,437	
-	

321,914	
10,437	
572,346	

-	321,914

572,346	-

Total Fund Balances	$	598,504	$	321,914	$	10,437	$	930,855	

Total Liabilities & Fund Balance	$	607,414	$	321,914	$	10,437	$	939,765

Page 1

Coral Keys Homes	
Community Development District	
General Fund	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending September 30, 2025	

$	337,535	
-	

Revenues:		
Special Assessments - On Roll	$	337,535	
Clubhouse Room Rentals	-	
Fob Replacement	-	
Interest Income	15,000	

$  340,125	
2,000	
465	
29,398	

$	2,590	
2,000	
465	
14,398	

15,000

Total Revenues	$  352,535	$  352,535	$  371,987	$	19,452	

Expenditures:			
General & Administrative:			
Supervisor Fees	$	6,000	$	6,000	$	1,800	$	4,200	
PR-FICA	459	459	138	321	
Engineering	6,000	6,000	6,227	(227)	
Attorney Fees	15,000	15,000	8,410	6,590	
Annual Audit	5,500	5,500	3,800	1,700	
Arbitrage Rebate	550	550	550	-	
Assessment Roll	2,000	2,000	2,000	-	
Dissemination Agent	1,500	1,500	1,500	-	
Trustee Fees	4,100	4,100	4,041	59	
Management Fees	52,143	52,143	52,143	-	
Computer Time	1,200	1,200	1,200	-	
Website Maintenance	1,200	1,200	1,200	-	
Telephone	50	50	-		
Postage & Delivery	750	750	172	578	
Printing & Binding	500	500	16	484	
Insurance General Liability	8,085	8,085	7,626	459	
Legal Advertising	1,200	1,200	2,685	(1,485)	
Other Current Charges	1,400	1,400	984	416	
Office Supplies	150	150	0	150	
Dues, Licenses & Subscriptions	175	175	175	-	
Operating Reserves	66,607	66,607	-	66,607	
Total General & Administrative	$  174,569	$  174,569	$	94,666	$	79,853	

Field Maintenance

Electric	$	3,000	$	3,000	$	2,220	$	780	
Street Lighting	20,000	20,000	19,453	547	
General Repairs	6,000	6,000	-	6,000	
Landscape Maintenance	28,800	28,800	31,600	(2,800)	
Plant Replacement	5,000	5,000	3,290	1,710	
Janitorial & Porter	4,000	4,000	-	4,000	
Lake Maintenance	7,200	7,200	3,000	4,200	
Drainage Maintenance	-	-	4,535	(4,535)	
Lake Debris Removal	1,800	1,800	-	1,800	
Entrance Monuments and Wall	12,000	12,000	1,250	10,750	
Sidewalk Maintenance	5,000	5,000	-	5,000	
Mail Kiosk	3,600	3,600	-	3,600	

Subtotal Field Maintenance	$	96,400	$	96,400	$	65,347	$	31,053	

Page 2

Coral Keys Homes	
Community Development District	
General Fund	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending September 30, 2025	

Clubhouse Operating and Maintenance

Management - Clubhouse	$	30,000	$	30,000	$	30,000	$	-	
Management - Clubhouse Attendance	15,000	15,000	16,184	(1,184)	
Employee Medical Insurance	1,500	1,500	-	1,500	
Security	50,000	50,000	41,668	8,332	
Video Surveillance/Monitoring	11,600	11,600	10,200	1,400	
Electricity	15,600	15,600	11,926	3,674	
Water	7,500	7,500	540	6,960	
Janitorial & Porter	12,000	12,000	-	12,000	
Property Insurance	17,000	17,000	15,412	1,588	
Repairs and Maintenance	15,000	15,000	8,511	6,489	
Pool Maintenance	14,400	14,400	5,100	9,300	
Pool -Repairs	4,000	4,000	8,891	(4,891)	
Basket Ball Court	4,800	4,800	-	4,800	
Landscape Improvement	3,500	3,500	-	3,500	
Gym Equipment Maintenance	4,000	4,000	3,162	838	
Internet/Cable Services	3,700	3,700	5,483	(1,783)	
Toddler Parks	4,000	4,000	-	4,000	
Picnic Area and Gazebos	4,800	4,800	-	4,800	
Contingencies	9,911	9,911	6,769	3,142	
Operating Supplies	4,000	4,000	2,815	1,185	

Subtotal Operating & Maintenance	$  232,311	$  232,311	$  166,661	$	65,650	

Total Expenditures	$  503,280	$  503,280	$  326,674	$  176,556	

Excess (Deficiency) of Revenues over Expenditures	$  (150,745)	$  (150,745)	$	45,313	$	196,008	

Net Change in Fund Balance	$ (150,745)	$ (150,745)	$	45,313	$  196,008	
	
Fund Balance - Beginning	$	150,745		$	553,191		
	
Fund Balance - Ending	$	-		$	598,504		

Page 3

Coral Keys Homes	
Community Development District	
Debt Service Fund Series 2020	
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 - On Roll	$	318,477	
Interest Income	10,000	

$	318,477	
10,000	

$	320,826	
14,387	

$	2,349	
4,387	

Total Revenues	$	328,477	$	328,477	$	335,212	$	6,736	

Expenditures:		
Interest Expense - 11/01	$	98,884	$	98,884	$	98,884	$	-	
Principal Expense - 05/01	120,000	120,000	120,000	-	
Interest Expense - 05/01	98,884	98,884	98,884	-	
Total Expenditures	$	317,769	$	317,769	$	317,769	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	10,708	$	10,708	$	17,444	$	6,736	

Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
		
Net Change in Fund Balance	$	10,708	$	10,708	$	17,444	$	6,736	
		
Fund Balance - Beginning	$	145,986	$	304,470	
		
Fund Balance - Ending	$	156,694	$	321,914	

Page 4

Coral Keys Homes
Community Development District Capital Projects Fund Series 2019
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 Income	$	-	$	-	$	404	$	404	
Total Revenues	$	-	$	-	$	404	$	404	

Expenditures:

Capital Outlay	

$	-	$	-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	404	$	404	
			
Net Change in Fund Balance	$	-	$	-	$	404	$	404	
			
Fund Balance - Beginning	$	-	$	10,033		
			
Fund Balance - Ending	$	-	$	10,437		

Page 5

Coral Keys Homes	
Community Development District	
Month to Month	

Revenues:														
Special Assessments - On Roll	$	-	$	5,227	$ 302,143	$	5,282	$	2,272	$	1,318	$	2,178	$	27	$  21,606	$	-	$	72	$	-	$ 340,125	
Clubhouse Room Rentals	-	-	-	-	-	-	-	-	2,000	-	-	-	2,000	
Fob Replacement	-	-	-	-	-	-	-	-	465	-	-	-	465	
Interest Income	2,193	1,992	2,328	2,866	2,580	2,779	2,630	2,580	2,412	2,471	2,402	2,165	29,398	

Total Income	$	2,193	$	7,219	$ 304,471	$	8,148	$	4,851	$	4,097	$	4,808	$	2,608	$  26,483	$	2,471	$	2,474	$	2,165	$ 371,987	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	400	$	200	$	600	$	-	$	-	$	-	$	600	$	1,800	
PR-FICA	-	-	-	-	-	31	15	46	-	-	-	46	138	
Engineering	-	-	-	60	-	-	-	-	2,594	1,550	70	1,953	6,227	
Attorney Fees	350	360	350	578	585	1,985	350	1,603	350	1,195	353	353	8,410	
Annual Audit	-	-	-	-	3,800	-	-	-	-	-	-	-	3,800	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	550	-	550	
Assessment Roll	2,000	-	-	-	-	-	-	-	-	-	-	-	2,000	
Dissemination Agent	125	125	125	125	125	125	125	125	125	125	125	125	1,500	
Trustee Fees	4,041	-	-	-	-	-	-	-	-	-	-	-	4,041	
Management Fees	4,345	4,345	4,345	4,345	4,345	4,345	4,345	4,345	4,345	4,345	4,345	4,345	52,143	
Computer Time	100	100	100	100	100	100	100	100	100	100	100	100	1,200	
Website Maintenance	100	100	100	100	100	100	100	100	100	100	100	100	1,200	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	26	8	10	8	5	47	13	10	12	10	9	15	172	
Printing & Binding	2	-	0	-	-	5	1	-	6	-	-	2	16	
Insurance General Liability	7,626	-	-	-	-	-	-	-	-	-	-	-	7,626	
Legal Advertising	634	609	-	-	-	-	-	1,443	-	-	-	-	2,685	
Other Current Charges	136	44	90	-	23	68	166	74	82	65	36	199	984	
Office Supplies	-	-	-	-	-	-	-	-	-	0	-	-	0	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Operating Reserves	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total General & Administrative	$  19,659	$	5,691	$	5,120	$	5,316	$	9,083	$	7,205	$	5,415	$	8,445	$	7,715	$	7,491	$	5,688	$	7,838	$  94,666	

Field Maintenance

Electric	$	148	$	159	$	212	$	155	$	221	$	315	$	273	$	138	$	147	$	147	$	153	$	151	$	2,220	
Street Lighting	1,547	1,547	1,620	1,624	1,749	1,624	1,624	1,624	1,624	1,624	1,624	1,624	19,453	
General Repairs	-		-	-	-	-	-	-	-	-	-	-	-	
Landscape Maintenance	2,550	2,550	3,825	2,550	2,550	2,550	2,525	2,500	2,500	2,500	2,500	2,500	31,600	
Plant Replacement	-	-	2,150	-	-	-	-	-	-	-	1,140	-	3,290	
Janitorial & Porter	-	-	-	-	-	-	-	-	-	-	-	-	-	
Lake Maintenance	250	250	250	250	250	250	250	250	250	250	250	250	3,000	
Drainage Maintenance	-	-	-	-	-	-	4,535	-	-	-	-	-	4,535	
Lake Debris Removal	-	-	-	-	-	-	-	-	-	-	-	-	-	
Entrance Monuments and Wall	-	-	-	-	-	-	-	-	-	-	1,250	-	1,250	
Sidewalk Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Mail Kiosk	-	-	-	-	-	-	-	-	-	-	-	-	-	

Subtotal Field Expenditures	$	250	$	250	$	250	$	250	$	250	$	250	$	4,785	$	250	$	250	$	250	$	1,500	$	250	$  65,347	

Page 6

Coral Keys Homes	
Community Development District	
Month to Month	

Clubhouse Operating & Maintenance

Management - Clubhouse	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	$	2,500	30,000	
Management - Clubhouse Attendance	1,000	1,000	1,000	1,000	1,000	1,000	1,649	1,729	1,730	1,645	1,748	1,683	16,184	
Employee Medical Insurance	-	-	-	-	-	-	-	-	-	-		-	-	
Security	3,432	3,520	3,432	3,432	3,168	3,608	3,344	3,520	3,432	3,432	3,828	3,520	41,668	
Video Surveillance/Monitoring	850	850	850	850	850	850	850	850	850	850	850	850	10,200	
Electricity	815	769	757	727	924	1,009	1,096	906	1,286	1,259	1,291	1,090	11,926	
Water	-	-	-	-	-	67	128	212	67	67	-	-	540	
Janitorial & Porter	-	-	-	-	-	-	-	-	-	-	-	-	-	
Property Insurance	15,412	-	-	-	-	-	-	-	-	-	-	-	15,412	
Repairs and Maintenance	-	-	-	1,435	-	-	1,635	1,325	2,125	846	1,145	-	8,511	
Pool Maintenance	425	425	425	425	425	425	425	425	425	425	425	425	5,100	
Pool -Repairs	-	-	-	450	-	-	1,673	2,759	1,910	-	2,098	-	8,891	
Basket Ball Court	-	-	-	-	-	-	-	-	-	-	-	-	-	
Landscape Improvement	-	-	-	-	-	-	-	-	-	-	-	-	-	
Gym Equipment Maintenance	195	150	1,077	150	195	510	195	150	195	150	195	-	3,162	
Internet/Cable Services	376	396	396	412	499	489	486	486	486	486	486	486	5,483	
Toddler Parks	-	-	-	-	-	-	-	-	-	-	-	-	-	
Picnic Area and Gazebos	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingencies	-	-	-	1,150	-	-	1,140	250	-	4,229	-	-	6,769	
Operating Supplies	160	58	120	335	72	-	493	70	169	586	412	340	2,815	

Subtotal Operating & Maintenance	$  25,165	$	9,668	$  10,557	$  12,865	$	9,633	$  10,457	$  15,614	$  15,181	$  15,175	$  16,474	$  14,978	$  10,894	$ 166,661	

Total Expenditures	$  19,909	$	5,941	$	5,370	$	5,566	$	9,333	$	7,455	$  10,200	$	8,695	$	7,965	$	7,741	$	7,188	$	8,088	$ 326,674	
														
Excess (Deficiency) of Revenues over Expe	$  (17,716)	$	1,278	$ 299,101	$	2,582	$	(4,481)	$	(3,358)	$	(5,392)	$	(6,087)	$  18,518	$	(5,269)	$	(4,714)	$	(5,923)	$  45,313	
														
Net Change in Fund Balance	$ (17,716)	$	1,278	$ 299,101	$	2,582	$  (4,481)	$  (3,358)	$  (5,392)	$  (6,087)	$  18,518	$  (5,269)	$  (4,714)	$  (5,923)	$  45,313	

Page 7

Coral Keys Homes	
Community Development District	
Long Term Debt Report Series 2020	

	

	

	

	

Special Assessment Bonds, Series 2020	
Original Bond Issue - 08/26/2020	$5,570,000

Term 1:	$565,000	
Interest Rate:	2.75%	
Maturity Date:	May 1, 2025

Term 2:	$655,000
Interest Rate:	3.13%
Maturity Date:	May 1, 2030

Term 3:	$1,740,000
Interest Rate:	4.00%
Maturity Date:	May 1, 2040

Term 4:	$2,610,000
Interest Rate:	4.00%
Maturity Date:	May 1, 2050

Reserve Fund Definition	50% of Maximum Annual Debt Service
Reserve Fund Requirement	$159,200.00
Reserve Fund Balance	$159,200.00

Original Bond Amount:	$5,570,000
Less: Principal Payment - 5/01/21	($105,000)
Less: Principal Payment - 5/01/22	($110,000)
Less: Principal Payment - 5/01/23	($115,000)
Less: Principal Payment - 5/01/24	($115,000)
Less: Principal Payment - 5/01/25	($120,000)	
Current Bonds Outstanding	$5,005,000.00	

Page 8

$

100.00%
-

Percent Collected Balance Remaining to Collect

Coral Keys Homes
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts - Miami-Dade County Fiscal Year 2025

Gross Assessments	$	355,300.00	$	335,238.47	$	690,538.47	
Net Assessments	$	337,535.00	$	318,476.55	$	649,106.16	
ON ROLL ASSESSMENTS
allocation in %	51.45%	48.55%	100.00%

Date	
Distribution	
Gross Amount	Discount/
Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2020
Debt Service	
Total	

11/19/24	
11/01/24-11/11/24	
$	6,413.67	
$	256.56	
$	61.57	
$	-	
$	6,095.54	
$	3,136.31	
$	2,959.23	
$	6,095.54	
11/22/24	11/12/24-11/18/24	4,275.78	171.04	41.05	-	4,063.69	2,090.87	1,972.82	4,063.69	
12/03/24	11/19/24 - 11/30/24	609,298.65	24,372.47	5,849.26	-	579,076.92	297,950.13	281,126.79	579,076.92	
12/17/24	12/01/24 - 12/14/24	8,551.56	320.70	82.31	-	8,148.55	4,192.64	3,955.91	8,148.55	
01/07/24	12/14/24 - 12/31/24	10,689.45	320.70	103.69	-	10,265.06	5,281.64	4,983.42	10,265.06	
02/04/24	Interest	-	-	-	267.08	267.08	137.42	129.66	267.08	
02/28/25	01/01/25 - 01/31/25	4,275.78	85.52	41.90	-	4,148.36	2,134.44	2,013.92	4,148.36	
03/20/25	02/01/25 - 02/28/25	2,137.89	21.37	21.16	465.84	2,561.20	1,317.80	1,243.40	2,561.20	
04/04/25	03/01/25 - 03/31/25	4,275.78	-	42.76	-	4,233.02	2,178.00	2,055.02	4,233.02	
05/16/25	Interest	-	-	-	27.31	27.31	27.31	-	27.31	
06/06/25	05/01/25 - 05/31/25	2,137.89	(64.14)	22.02	-	2,180.01	1,121.67	1,058.34	2,180.01	
06/20/25	06/01/25 - 06/15/25	38,482.02	(1,731.67)	402.14	-	39,811.55	20,484.08	19,327.47	39,811.55	
07/30/25	Interest	-	-	-	72.40	72.40	72.40	-	72.40	
	TOTAL	$	690,538.47	$	23,752.55	$	6,667.86	$	832.63	$	660,950.69	$	340,124.71	$	320,825.98	$	660,950.69	

Page 9