Windsor at Westside
Community Development District Agenda
May 30, 2025

Agenda

Windsor at Westside
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
May 23, 2025
Board of Supervisors
Windsor at Westside Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of Windsor at Westside Community Development District will be held Friday, May 30 2025, at 10:00 AM at the Hart Memorial Library, 211 E. Dakin Ave, Kissimmee, Florida 34741. Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period
Organizational Matters
Appointment of Individual to Vacant Seat 5
Administration of Oath of Office to Newly Elected Supervisor
Consideration of Resolution 2025-02 Electing Officers
Approval of Minutes of the November 8, 2024, Landowner and Board of Supervisors Meetings
Consideration of Resolution 2025-04 Approving the Fiscal Year 2026 Proposed Budget and Setting a Public Hearing to Adopt
Presentation of the Fiscal Year 2024 Financial Audit Report
Ratification of Data Sharing & Usage Agreement with Osceola County Property Appraiser
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Registered Voters- 60
Reminder of Form1 Filing Deadline- July 1st
Field Manager’s Report
Supervisor’s Requests
Adjournment

Section III

Section C

RESOLUTION 2025-02
A  RESOLUTION  ELECTING  THE  OFFICERS  OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT,  OSCEOLA COUNTY, FLORIDA.

Whereas, the Windsor at Westside Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

Whereas, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS	OF	THE	WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:
Section 1. The following persons are elected to the offices shown:

Chairperson	 		
Vice Chairperson	 		
Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Treasurer	 		
Assistant Treasurer	 		
Assistant Treasurer	 		

Passed and adopted this     day of 	2025.
ATTEST:	WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Minutes

Windsor at Westside Community Development District held a landowners’ meeting on Friday, November 8, 2024 at 10:00 a.m. in the Hart Memorial Library, 211 E. Dakin Avenue, Kissimmee, Florida.

Present were:

Duane (Rocky) Owen Tom Franklin
Atlee Mercer Scott Stewart Jason Showe
Sarah Sandy by telephone Broc Althafer by telephone Thomas Santos

Mr. Showe stated there are no voting units represented therefore there are no nominations and we will adjourn the landowners meeting.

The regular meeting of the Board of Supervisors of the Windsor at Westside Community Development District was held Friday, November 8, 2024 at 10:01 a.m. in the Hart Memorial Library, 211 E. Dakin Avenue, Kissimmee, Florida.

Present and constituting a quorum were:

Duane (Rocky) Owen	Chairman
Tom Franklin	Vice Chairman
Atlee Mercer	Assistant Secretary
Scott Stewart	Assistant Secretary Also present were:
Jason Showe	Manager
Sarah Sandy	Attorney by telephone
Broc Althafer	Engineer by telephone
Thomas Santos	Field Manager

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

SECOND ORDER OF BUSINES	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oath of Office to Newly Elected Supervisor
Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowners Election

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor Resolution 2025-01 indicating that there were no nominations, and no ballots cast at the landowners’ election was approved.

Consideration of Resolution 2025-02 Electing Officers

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor Resolution 2025-02 reflecting the same slate of officers was approved.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the August 9, 2024
Meeting

On MOTION by Mr. Franklin seconded by Mr. Owen with all in favor the Minutes of August 9, 2024 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-03
Amending the Fiscal Year 2024 Budget
Mr. Showe stated as noted through the budget process the water costs were a little higher than anticipated and we used carry forward to cover that. This resolution amends the budget to balance the revenues and expenses.

On MOTION by Mr. Mercer seconded by Mr. Stewart with all in favor Resolution 2025-03 was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
There being no comments, the next item followed.

Engineer
There being no comments, the next item followed.

Manager
Approval of Check Register

On MOTION by Mr. Franklin seconded by Mr. Owen with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager’s Report
Mr. Santos stated we changed irrigation vendors from Brightview to Insight.
Mr. Showe stated we had some challenges with the HOA with our water usage, we had a budget hearing and some residents expressed concern. We felt that it was not in the district’s best interest to have Brightview that does the landscape and irrigation for inside the HOA and the CDD. We separated just the irrigation function to another company. They installed some equipment and will start monitoring to make sure our water is for our property and the HOA’s water is for their property. Money-wise it is about break even.

SEVENTH ORDER OF BUSINESS	Supervisors Requests
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournemnt

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the meeting adjourned at 10:07 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

RESOLUTION 2025-04
[FY 2026 BUDGET APPROVAL RESOLUTION]

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FY 2026; SETTING A PUBLIC HEARING THEREON AND DIRECTING PUBLICATION; ADDRESSING TRANSMITTAL AND POSTING REQUIREMENTS; ADDRESSING SEVERABILITY AND EFFECTIVE DATE.
WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Windsor at Westside Community Development District (“District”) prior to June 15, 2025, the proposed budget(s) attached hereto as Exhibit A (“Proposed Budget”); and

WHEREAS, the Board now desires to set the required public hearing on the Proposed Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget attached hereto as
Exhibit A is hereby approved preliminarily.

SETTING A PUBLIC HEARING; DIRECTING PUBLICATION. A public
hearing on said approved Proposed Budget is hereby declared and set for the following date, time, and location, and District staff is directed to provide notice of the same in accordance with Florida law:

DATE:	August 8, 2025	
TIME:	10:00 AM	
LOCATION:	Hart Memorial Library 211 E. Dakin Ave.
Kissimmee, FL 34741	

TRANSMITTAL TO LOCAL GENERAL PURPOSE GOVERNMENT;
POSTING OF PROPOSED BUDGET. The District Manager is hereby directed to (i) submit a copy of the Proposed Budget to the applicable local general-purpose government(s) at least 60 days prior to its adoption, and (ii) post the approved Proposed Budget on the District’s website in accordance with Chapter 189, Florida Statutes.

SEVERABILITY; EFFECTIVE DATE. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.  This Resolution shall take effect

immediately upon adoption.
PASSED AND ADOPTED THIS 30th DAY OF MAY 2025.

ATTEST:	WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	Proposed Budget

Windsor at Westside
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Debt Service Fund Series 2015	

9	

Amortization Schedule Series 2015	

10	

Debt Service Fund Series 2016	

11	

Amortization Schedule Series 2016	

12	

Capital Reserve Fund	

	Adopted Budget
FY2025		Actuals Thru
3/31/25	Projected Next
6 Months	Projected Thru
9/30/25		Proposed Budget
FY2026	

Revenues									
O&M Assessments	$	731,873	$	659,608	$	72,265	$	731,873	$	731,873	
Total Revenues	$	731,873	$	659,608	$	72,265	$	731,873	$	731,873	

Expenditures									
General & Administrative									
Supervisor Fee	$	7,200	$	800	$	1,400	$	2,200	$	7,200	
FICA Expense	$	367	$	46	$	71	$	117	$	367	
Engineering	$	5,000	$	200	$	2,500	$	2,700	$	5,000	
Attorney	$	10,000	$	431	$	5,000	$	5,431	$	10,000	
Arbitrage	$	900	$	-	$	900	$	900	$	900	
Dissemination	$	7,350	$	3,675	$	3,675	$	7,350	$	7,571	
Annual Audit	$	4,100	$	-	$	4,200	$	4,200	$	4,300	
Trustee Fees	$	7,000	$	-	$	7,000	$	7,000	$	7,700	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Management Fees	$	47,134	$	23,567	$	23,567	$	47,134	$	48,548	
Information Technology	$	2,004	$	1,002	$	1,002	$	2,004	$	2,064	
Website Maintenance	$	1,113	$	557	$	557	$	1,113	$	1,146	
Postage	$	300	$	371	$	150	$	521	$	600	
Insurance	$	7,359	$	7,359	$	-	$	7,359	$	9,403	
Printing & Binding	$	500	$	11	$	250	$	261	$	500	
Legal Advertising	$	3,000	$	692	$	2,308	$	3,000	$	3,000	
Other Current Charges	$	1,000	$	470	$	500	$	970	$	1,000	
Property Appraiser	$	500	$	217	$	-	$	217	$	500	
Office Supplies	$	200	$	1	$	100	$	101	$	200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	110,767	$	45,137	$	53,180	$	98,317	$	115,906	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Operations & Maintenance						
Contract Services						
Field Services	$	15,000	$	7,500	$	7,500	$	15,000	$	15,450	
Landscape Maintenance - Contract	$	60,997	$	29,448	$	30,498	$	59,947	$	62,826	
Lake Maintenance	$	11,264	$	5,688	$	5,688	$	11,376	$	12,039	
Property Insurance	$	4,127	$	3,561	$	-	$	3,561	$	4,127	
Repairs & Maintenance						
Landscape Maintenance - Other	$	20,000	$	1,653	$	18,347	$	20,000	$	25,000	
Repairs and Maintenance	$	20,000	$	-	$	10,000	$	10,000	$	20,000	
Operating Supplies	$	1,000	$	-	$	500	$	500	$	1,000	
Irrigation Repairs	$	20,000	$	26,841	$	10,000	$	36,841	$	50,000	
Signage	$	800	$	-	$	400	$	400	$	800	
Fountain Maintenance	$	10,710	$	3,502	$	3,554	$	7,055	$	11,031	
Wetland Maintenance	$	10,000	$	5,386	$	4,614	$	10,000	$	10,000	
Subtotal	$	173,898	$	83,579	$	91,101	$	174,680	$	212,273	
Utilitiy						
Electric	$	5,808	$	1,794	$	4,014	$	5,808	$	6,389	
Irrigation & Water	$	405,900	$	21,187	$	202,950	$	224,137	$	275,000	
Other						
Contingency	$	10,500	$	-	$	5,250	$	5,250	$	10,500	
Subtotal	$	422,208	$	22,981	$	212,214	$	235,195	$	291,889	
						
Total Operations & Maintenance:	$	596,106	$	106,560	$	303,315	$	409,875	$	504,162	

Other Expenditures						
Transfer Out - Capital Reserve	$	25,000	$	-	$	25,000	$	25,000	$	111,805	
Total Other Expenditures	$	25,000	$	-	$	25,000	$	25,000	$	111,805	
						
Total Expenditures	$	731,873	$	151,697	$	381,495	$	533,192	$	731,873	
						
Excess Revenues/(Expenditures)	$	-	$	507,911	$	(309,230)	$	198,681	$	-	
						
Fund Balance - Beginning	$	-	$	113,147	$	-	$	113,147	$	-	
						
Fund Balance - Ending	$	-	$	621,058	$	(309,230)	$	311,828	$	-	

Net Assessments	
FY2025
$	731,873	
FY2026
$	731,873	
Add: Discounts & Collection  $		46,715 $		46,715  Gross Assessments  $	778,589  $	778,589 

FISCAL YEAR 2026

Product Type	Per Unit Net O&M
Assessment	Per Unit Gross O&M
Assessment	
Townhome - 25'	$	1,023	$	1,088	
Single Family 40'	$	1,091	$	1,161	
Single Family 50'	$	1,364	$	1,451	

GROSS PER UNIT ASSESSMENT COMPARISON CHART

Product Type	No. of Units	FY2025
Gross Per Unit Assessments	FY2026
Gross Per Unit Assessments	Increase/ (Decrease)	
Townhome - 25'	148	$	1,088	$	1,088	$	-	
Single Family 40'	192	$	1,161	$	1,161	$	-	
Single Family 50'	272	$	1,451	$	1,451	$	-	

REVENUES:

O&M Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees

The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon 3 supervisors attending 12 meetings.

FICA Expense

Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer, Osceola Engineering, Inc. provides general engineering services to the District,
e.g. attendance and preparation for monthly board meetings, review invoices, etc.

Attorney

The District's legal counsel, Kutak Rock, LLP, provides general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.

Arbitrage

The District will contract with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2015 & Series 2016 Special Assessment Bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with Grau & Associates for this service.

Trustee Fees

The District issued Series 2015 Special Assessment Bonds and the Series 2016 Special Assessment Bonds that are deposited with a Trustee at Regions Bank.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance

Represents the costs associated with maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public officials liability coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc. Governmental Management Services – Central Florida, LLC provides these services.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Property Appraiser

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operation & Maintenance:

Field Services

Provide onsite field management of contracts for the Districts such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance - Contract

The District will maintain the landscaping within the Phase I common areas of the District. The amount is based upon contract with Brightview Landscape Services, Inc.

Description	Monthly	Annually	
Landscaping Maintenance	$	3,430	$	41,160	
Mulch for Common Areas	$	1,406	$	16,875	
Contingency			$	4,791 	
		$	62,826	

Lake Maintenance

The District will provide lake maintenance for one retention. The District has contracted with Applied Aquatic Management, Inc. for this service.

Description	Monthly	Annually	
Lake Maintenance	$	920	$	11,040	
Contingency			$	999 	
		$	12,039	

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA) who specializes in providing insurance coverage to government agencies. FIA specializes in providing insurance coverage to governmental agencies.

Landscape Maintenance – Other

Represents estimated costs for any landscape repairs not included in landscape contract.

Repairs and Maintenance

Represents estimated costs for general repairs and maintenance to the common areas within Phase I of the District, including repairs and cleaning of walls and fencing maintained by the district.

Operating Supplies

Represents estimated cost of the purchase of operating supplies.

Irrigation Repairs

Represents estimated cost for any unforeseen repairs to the irrigation system such as replacing nozzles, rotors, line breaks, etc.

Signage

Represents estimated cost to maintain all District signs.

Fountain Maintenance

The District will provide maintenance to the fountain located within the District boundaries. Services include but are not limited to inspection reports, check and supply chemicals, clean area of debris and service three times per week. The District has contracted with Clean Basin Fount, Inc. for this service.

Description	Monthly	Annually	
Fountain Maintenance	$	600	$	7,200	
Quarterly Basin Cleaning		$	3,000	
Contingency			$	831 	
		$	11,031	

Wetland Maintenance

Represents estimated costs for the annual monitoring and maintenance of Phase 2 on-site wetlands and preservation areas within the District boundaries.

$	10,000

	$	10,000 

Mitigation Maintenance

Annually

Description

Electric

Represents estimated cost for electric to common areas and electric used to operate irrigation meters within the District. The District currently has one account with Duke Energy.

Account #	Description	Monthly	Annually	
55906 38373	9000 W Irlo Bronson Memorial Hwy Sign	$	386	$	4,632	
Contingency				$	1,757 	
			$	6,389	

Irrigation & Water

Represents estimated cost for reclaimed water utilities of the common areas within the District.

Contingency

Represents estimated cost for any expense not budgeted in other line items.

Proposed Budget
Debt Service Fund Series 2015

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Special Assessments	$	276,443	$	248,113	$	28,330	$	276,443	$	276,443	
Interest Income	$	9,342	$	8,416	$	8,416	$	16,831	$	8,416	
Carry Forward Surplus	$	288,525	$	290,277	$	-	$	290,277	$	314,413	
Total Revenues	$	574,310	$	546,805	$	36,745	$	583,551	$	599,272	

Expenditures						
General & Administrative:						
Interest - 11/1	$	90,694	$	90,694	$	-	$	90,694	$	88,444	
Principal - 11/1	$	90,000	$	90,000	$	-	$	90,000	$	95,000	
Interest - 5/1	$	88,444	$	-	$	88,444	$	88,444	$	86,069	
Total Expenditures	$	269,138	$	180,694	$	88,444	$	269,138	$	269,513	
						
Excess Revenues/(Expenditures)	$	305,173	$	366,112	$	(51,698)	$	314,413	$	329,759	
Principal - 11/1/2026 $	100,000 Interest - 11/1/2026   $		86,069 	
Total	 $	186,069 	

Product Type	No. of Units	Maximum Annual
Debt Service	Per Unit Net Debt
Assessment	Per Unit Gross Debt
Assessment	
Townhome	96	$75,260	$784	$834	
Single Family 40	90	$96,952	$1,077	$1,146	
Single Family 50	76	$104,231	$1,371	$1,459	
	262	$276,443			

Series 2015 Special Assessment Bonds Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	3,485,000.00	$	95,000.00	$	88,443.75	$	269,512.50	
05/01/26	$	3,390,000.00	$	-	$	86,068.75			
11/01/26	$	3,390,000.00	$	100,000.00	$	86,068.75	$	269,637.50	
05/01/27	$	3,290,000.00	$	-	$	83,568.75			
11/01/27	$	3,290,000.00	$	105,000.00	$	83,568.75	$	269,512.50	
05/01/28	$	3,185,000.00	$	-	$	80,943.75			
11/01/28	$	3,185,000.00	$	110,000.00	$	80,943.75	$	269,137.50	
05/01/29	$	3,075,000.00	$	-	$	78,193.75			
11/01/29	$	3,075,000.00	$	120,000.00	$	78,193.75	$	273,387.50	
05/01/30	$	2,955,000.00	$	-	$	75,193.75			
11/01/30	$	2,955,000.00	$	125,000.00	$	75,193.75	$	272,262.50	
05/01/31	$	2,830,000.00	$	-	$	72,068.75			
11/01/31	$	2,830,000.00	$	130,000.00	$	72,068.75	$	270,887.50	
05/01/32	$	2,700,000.00	$	-	$	68,818.75			
11/01/32	$	2,700,000.00	$	135,000.00	$	68,818.75	$	269,262.50	
05/01/33	$	2,565,000.00	$	-	$	65,443.75			
11/01/33	$	2,565,000.00	$	145,000.00	$	65,443.75	$	272,262.50	
05/01/34	$	2,420,000.00	$	-	$	61,818.75			
11/01/34	$	2,420,000.00	$	150,000.00	$	61,818.75	$	269,887.50	
05/01/35	$	2,270,000.00	$	-	$	58,068.75			
11/01/35	$	2,270,000.00	$	160,000.00	$	58,068.75	$	272,137.50	
05/01/36	$	2,110,000.00	$	-	$	54,068.75			
11/01/36	$	2,110,000.00	$	165,000.00	$	54,068.75	$	268,909.38	
05/01/37	$	1,945,000.00	$	-	$	49,840.63			
11/01/37	$	1,945,000.00	$	175,000.00	$	49,840.63	$	270,196.88	
05/01/38	$	1,770,000.00	$	-	$	45,356.25			
11/01/38	$	1,770,000.00	$	185,000.00	$	45,356.25	$	270,971.88	
05/01/39	$	1,585,000.00	$	-	$	40,615.63			
11/01/39	$	1,585,000.00	$	195,000.00	$	40,615.63	$	271,234.38	
05/01/40	$	1,390,000.00	$	-	$	35,618.75			
11/01/40	$	1,390,000.00	$	205,000.00	$	35,618.75	$	270,984.38	
05/01/41	$	1,185,000.00	$	-	$	30,365.63			
11/01/41	$	1,185,000.00	$	215,000.00	$	30,365.63	$	270,221.88	
05/01/42	$	970,000.00	$	-	$	24,856.25			
11/01/42	$	970,000.00	$	225,000.00	$	24,856.25	$	268,946.88	
05/01/43	$	745,000.00	$	-	$	19,090.63			
11/01/43	$	745,000.00	$	235,000.00	$	19,090.63	$	267,159.38	
05/01/44	$	510,000.00	$	-	$	13,068.75			
11/01/44	$	510,000.00	$	250,000.00	$	13,068.75	$	269,731.25	
05/01/45	$	260,000.00	$	-	$	6,662.50			
11/01/45	$	260,000.00	$	260,000.00	$	6,662.50	$	266,662.50	
			$	3,485,000.00	$	2,187,906.25	$	5,672,906.25	

Proposed Budget
Debt Service Fund Series 2016

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments	$	419,451	$	376,466	$	42,985	$	419,451	$	419,451	
Interest	$	13,327	$	11,922	$	11,922	$	23,843	$	11,922	
Carry Forward Surplus	$	405,404	$	408,064	$	-	$	408,064	$	436,948	
Total Revenues	$	838,182	$	796,451	$	54,907	$	851,358	$	868,321	

Expenditures						
General & Administrative:						
Interest - 11/1	$	136,200	$	136,200	$	-	$	136,200	$	133,209	
Principal - 11/1	$	145,000	$	145,000	$	-	$	145,000	$	150,000	
Interest - 5/1	$	133,209	$	-	$	133,209	$	133,209	$	130,116	
Total Expenditures	$	414,409	$	281,200	$	133,209	$	414,409	$	413,325	
						
Excess Revenues/(Expenditures)	$	423,773	$	515,251	$	(78,303)	$	436,948	$	454,996	

Principal - 11/1/2026  $	130,116
Interest - 11/1/2026   $	155,000 
Total	 $	285,116 

Product Type	
No. of Units	Maximum Annual
Debt Service	Per Unit Net Debt
Assessment	Per Unit
Gross Debt Assessment	
Townhome	52	$40,766	$784	$834	
Single Family 40'	102	$109,878	$1,077	$1,146	
Single Family 50'	196	$268,806	$1,371	$1,459	
	350	$419,451			

Series 2016 Special Assessment Bonds Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	5,515,000.00	$	150,000.00	$	133,209.38	$	413,325.00	
05/01/26	$	5,365,000.00	$	-	$	130,115.63			
11/01/26	$	5,365,000.00	$	155,000.00	$	130,115.63	$	412,034.38	
05/01/27	$	5,210,000.00	$	-	$	126,918.75			
11/01/27	$	5,050,000.00	$	160,000.00	$	126,918.75	$	410,537.50	
05/01/28	$	5,050,000.00	$	-	$	123,618.75			
11/01/28	$	5,050,000.00	$	170,000.00	$	123,618.75	$	413,200.00	
05/01/29	$	4,880,000.00	$	-	$	119,581.25			
11/01/29	$	4,880,000.00	$	175,000.00	$	119,581.25	$	410,006.25	
05/01/30	$	4,705,000.00	$	-	$	115,425.00			
11/01/30	$	4,705,000.00	$	185,000.00	$	115,425.00	$	411,456.25	
05/01/31	$	4,520,000.00	$	-	$	111,031.25			
11/01/31	$	4,520,000.00	$	195,000.00	$	111,031.25	$	412,431.25	
05/01/32	$	4,325,000.00	$	-	$	106,400.00			
11/01/32	$	4,325,000.00	$	205,000.00	$	106,400.00	$	412,931.25	
05/01/33	$	4,120,000.00	$	-	$	101,531.25			
11/01/33	$	4,120,000.00	$	215,000.00	$	101,531.25	$	412,956.25	
05/01/34	$	3,905,000.00	$	-	$	96,425.00			
11/01/34	$	3,905,000.00	$	225,000.00	$	96,425.00	$	412,506.25	
05/01/35	$	3,680,000.00	$	-	$	91,081.25			
11/01/35	$	3,680,000.00	$	235,000.00	$	91,081.25	$	411,581.25	
05/01/36	$	3,445,000.00	$	-	$	85,500.00			
11/01/36	$	3,445,000.00	$	245,000.00	$	85,500.00	$	410,181.25	
05/01/37	$	3,200,000.00	$	-	$	79,681.25			
11/01/37	$	3,200,000.00	$	255,000.00	$	79,681.25	$	408,306.25	
05/01/38	$	2,945,000.00	$	-	$	73,625.00			
11/01/38	$	2,945,000.00	$	265,000.00	$	73,625.00	$	405,625.00	
05/01/39	$	2,680,000.00	$	-	$	67,000.00			
11/01/39	$	2,680,000.00	$	280,000.00	$	67,000.00	$	407,000.00	
05/01/40	$	2,400,000.00	$	-	$	60,000.00			
11/01/40	$	2,400,000.00	$	295,000.00	$	60,000.00	$	407,625.00	
05/01/41	$	2,105,000.00	$	-	$	52,625.00			
11/01/41	$	2,105,000.00	$	310,000.00	$	52,625.00	$	407,500.00	
05/01/42	$	1,795,000.00	$	-	$	44,875.00			
11/01/42	$	1,795,000.00	$	325,000.00	$	44,875.00	$	406,625.00	
05/01/43	$	1,470,000.00	$	-	$	36,750.00			
11/01/43	$	1,470,000.00	$	340,000.00	$	36,750.00	$	405,000.00	
05/01/44	$	1,130,000.00	$	-	$	28,250.00			
11/01/44	$	1,130,000.00	$	360,000.00	$	28,250.00	$	407,500.00	
05/01/45	$	770,000.00	$	-	$	19,250.00			
11/01/45	$	770,000.00	$	375,000.00	$	19,250.00	$	404,125.00	
05/01/46	$	395,000.00	$	-	$	9,875.00			
11/01/46	$	395,000.00	$	395,000.00	$	9,875.00	$	404,875.00	
			$	5,515,000.00	$	3,492,328.13	$	9,007,328.13	

Proposed Budget Capital Reserves Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues

Interest
Carry Forward Surplus

$	-	$
$	8,093	$

-	$	-	$
-	$	-	$

-	$	-
-	$	25,000

Total Revenues	$	8,093  $	-	$	-	$	-	$	25,000

Expenditures

Contingency

$	-	$

-	$	-	$	-	$	-

Total Expenditures	$	-	$	-	$	-	$	-	$	-

Other Financing Sources/(Uses)

Transfer In (Out)

$	25,000	$

-	$	25,000	$

25,000	$

111,805

Excess Revenues/(Expenditures)	$	33,093	$	-	$	25,000	$	25,000	$	136,805

Total Other Financing Sources/(Uses)	$	25,000  $	-	$	25,000  $	25,000  $	111,805

Section VI

WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT
OSCEOLA COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT OSCEOLA COUNTY, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-20	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
21	
Notes to Required Supplementary Information	22	
OTHER INFORMATION		
Data Elements Required by Florida Statute 218.39(3)(c)	23	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

24-25	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

26	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
27-28	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Windsor at Westside Community Development District Osceola County, Florida

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Windsor at Westside Community Development District, Osceola County, Florida (“District”) as of and for the fiscal year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2024, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. 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. 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, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is responsibility of management and, 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. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about 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 do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated April 22, 2025, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

April 22, 2025

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Windsor at Westside Community Development District, Osceola County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2024. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The liabilities of the District exceeded its assets at the close of the most recent fiscal year resulting in a net position deficit balance of ($5,513,008).

The change in the District’s total net position in comparison with the prior fiscal year was $35,613, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2024, the District’s governmental funds reported combined ending fund balances of
$1,167,021, a decrease of ($72,426) in comparison with the prior fiscal year. The total fund balance is restricted for debt service, non-spendable for prepaid items, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains two governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund and debt service fund, both of which are major funds.
The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.
Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, liabilities exceeded assets at the close of the fiscal year.
Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
	2024	2023	
Current and other assets	$	1,175,251	$	1,252,499	
Capital assets, net of depreciation	2,721,317	2,846,423	
Total assets	3,896,568	4,098,922	
Current liabilities	197,308	206,412	
Long-term liabilities	9,212,268	9,441,131	
Total liabilities	9,409,576	9,647,543	
Net position
Net investment in capital assets	
(6,490,951)	
(6,594,708)	
Restricted	864,796	793,778	
Unrestricted	113,147	252,309	
Total net position	$	(5,513,008)	$	(5,548,621)	

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation.

Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
Revenues:	2024	2023
Program revenues
Charges for services	$	1,161,273	$	1,159,022	
Operating grants and contributions	47,116	32,620	
Total revenues	1,208,389	1,191,642	
Expenses:
General government	
88,008	
87,621	
Maintenance and operations	628,987	438,609	
Interest	455,781	465,930	
Total expenses	1,172,776	992,160	
Change in net position	35,613	199,482	
Net position - beginning	(5,548,621)	(5,748,103)	
Net position - ending	$	(5,513,008)	$	(5,548,621)	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2024 was $1,172,776. Th costs of the District’s activities were funded by program revenues. Program revenues were comprised primarily of assessments and investment earnings. In total, expenses increased from the prior year due to additional maintenance costs.
GENERAL BUDGETING HIGHLIGHTS
An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2024 was amended to increase revenues by $4,337 and increase appropriations by $219,175.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2024, the District had $3,518,867 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $797,550 has been taken, which resulted in a net book value of $2,721,317. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt

At September 30, 2024, the District had $9,235,000 Bonds outstanding for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.
CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Windsor at Westside Community Development District’s Finance Department at 219 E. Livingston Street, Orlando, FL 32801.

WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT OSCEOLA COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2024

	Governmental
	Activities		
ASSETS		
Cash	$	101,144	
Assessments receivable	9,614	
Prepaids and other assets	16,485	
Restricted assets:		
Investments	1,048,008	
Capital assets:		
Depreciable, net		2,721,317 	
Total assets		3,896,568 	

LIABILITIES		
Accounts payable	8,230	
Accrued interest payable	189,078	
Non-current liabilities:		
Due within one year	235,000	
Due in more than one year		8,977,268 	
Total liabilities		9,409,576 	

NET POSITION		
Net investment in capital assets	(6,490,951)	
Restricted for debt service	864,796	
Unrestricted		113,147 	
Total net position	 $	(5,513,008) 	

See notes to the financial statements

WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT OSCEOLA COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

Net (Expense) Revenue and Changes in Net
    Program Revenues	Position   
Operating

Charges for

Grants and

Governmental

Functions/Programs		Expenses	Services	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	88,008	$	88,008	$	-	$	-	
Maintenance and operations	628,987	364,719	-	(264,268)	
Interest on long-term debt		455,781	708,546	47,116	299,881 
Total governmental activities		1,172,776	1,161,273	47,116	35,613 

Change in net position	35,613	
Net position - beginning		(5,548,621) 	
Net position - ending	 $	(5,513,008) 	

See notes to the financial statements

BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2024

	Major Funds	

Total Governmental

General

Debt Service

Funds

ASSETS		
Cash	$	101,144	$	-	$	101,144	
Investments	-	1,048,008	1,048,008	
Assessments receivable	3,748	5,866	9,614	
Prepaid items	16,485	-	16,485	
Total assets	 $	121,377	$ 1,053,874	$  1,175,251 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	8,230	$	-	$	8,230	
Total liabilities	8,230	-	8,230	

Fund balances:
Nonspendable:
Prepaid items	16,485	-	16,485	
Restricted for:
Debt service	
-	
1,053,874	
1,053,874	
Unassigned	96,662	-	96,662	
Total fund balances	113,147	1,053,874	1,167,021	

Total liabilities and fund balances	
$	121,377	
$ 1,053,874	
$  1,175,251	

See notes to the financial statements

RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2024

Fund balance - governmental funds	$
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets in the net position of the government as a whole.
Cost of capital assets	3,518,867

1,167,021

Accumulated depreciation	(797,550)	2,721,317

Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(189,078)
Bonds payable	(9,212,268)

Net position of governmental activities	 $	(5,513,008) 

See notes to the financial statements

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

	Major Funds	

Total Governmental

REVENUES

General

Debt Service

Funds

Assessments

$	452,727	$

708,546

$  1,161,273

Interest	-	47,116	47,116

Total revenues	452,727	755,662	1,208,389

EXPENDITURES
Current:
General government	88,008	-	88,008	
Maintenance and operations	503,881	-	503,881	
Debt service:
Principal	
-	
230,000	
230,000	
Interest	-	458,926	458,926	
Total expenditures	591,889	688,926	1,280,815	

Excess (deficiency) of revenues over (under) expenditures	

(139,162)	

66,736	

(72,426)	
Fund balances - beginning	252,309	987,138	1,239,447	

Fund balances - ending	
$	113,147	
$ 1,053,874	
$  1,167,021	

See notes to the financial statements

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

of activities are different because:		
Depreciation on capital assets is not recognized in the governmental fund statement but is reported as an expense in the statement of activities.	

(125,106)	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the fund financial statements.	

4,282	
Amortization of Bond discounts/premiums is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

(1,137)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statement but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

	230,000 	
Change in net position of governmental activities	 $	35,613 	

Net change in fund balances - total governmental funds Amounts reported for governmental activities in the statement

$	(72,426)

See notes to the financial statements

NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Windsor at Westside Community Development District ("District") was established on October 22, 2014 by the Board of County Commissioners of Osceola County, Osceola County Ordinance 2014-156, pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides, among other things, the power to manage basic services for community development and to levy and assess non-ad valorem assessments for the financing and maintenance of improvements.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at-large basis by the owners of the property within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.
The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services; and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually at a public hearing of the District. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.
As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.
Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section 218.415
(17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured and any unspent Bond proceeds are required to be held in investments as specified in the Bond Indenture.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Asset	Life
Stormwater system	30
Landscaping enhancements	20
In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.
Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.
Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for all governmental funds. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearing(s) are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board, unless otherwise delegated by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS
Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2024:
  Amortized Cost	Credit Risk	Maturities	
Weighted average of the fund
Fidelity Government Portfolio	 $	1,048,008 	S&P AAAm	portfolio: 21 days
Total Investments	 $	1,048,008 

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
However, the Bond Indenture limits the type of investments held using unspent proceeds.
Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:

Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.
Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. Accordingly, the District’s investments have been reported at amortized cost above.

NOTE 5 – CAPITAL ASSETS
Capital asset activity for the fiscal year ended September 30, 2024 was as follows:

Governmental activities
Capital assets, being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Stormwater system	$	3,050,254	$	-	$	-	$	3,050,254	
Landscaping enhancements	468,613	-	-	468,613	
Total capital assets, being depreciated	3,518,867	-	-	3,518,867	

Less accumulated depreciation for:			
Stormwater system	543,573	101,675	-	645,248	
Landscaping enhancements	128,871	23,431	-	152,302	
Total accumulated depreciation	672,444	125,106	-	797,550	

Total capital assets, being depreciated, net	
2,846,423	
(125,106)	
-	2,721,317	

Governmental activities capital assets	
$	2,846,423	
$	(125,106)	
$	-	$	2,721,317	

Depreciation expense was charged to the maintenance and operations function.

NOTE 6 – LONG-TERM LIABILITIES

Series 2015
On June 1, 2015, the District issued $4,190,000 of Special Assessment Bonds, Series 2015 consisting of
$525,000 Term Bonds due on November 1, 2022 with a fixed interest rate of 4%, $1,555,000 Term Bonds due on November 1, 2035 with a fixed interest rate of 5% and $2,110,000 Term Bonds due on November 1, 2045 with a fixed interest rate of 5.125%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing November 1, 2016 through November 1, 2045.

The Series 2015 Bonds are subject to redemption at the option of the District prior to their maturity. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.
Series 2016
On April 27, 2016 the District issued $6,535,000 of Special Assessment Bonds, Series 2016 consisting of
$470,000 Term Bonds due on November 1, 2020 with a fixed interest rate of 3.50%, $1,005,000 Term Bonds due on November 1, 2027 with a fixed interest rate of 4.125%, $2,105,000 Term Bonds due on November 1, 2037 with a fixed interest rate of 4.750%, and $2,955,000 Term Bonds due on November 1, 2046 with a fixed interest rate of 5%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November
1. Principal on the Bonds is to be paid serially commencing November 1, 2017 through November 1, 2046.

The Series 2016 Bonds are subject to redemption at the option of the District prior to their maturity. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2024.
Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2024 were as follows:

	Beginning
Balance	
Additions	
Reductions	
Ending Balance	Due Within
One Year	
Bonds payable:
Series 2015	
$	3,665,000	
$	-	
$	90,000	
$	3,575,000	
$	90,000	
Less original issue discount	23,869	-	1,137	22,732	-	
Series 2016	5,800,000	-	140,000	5,660,000	145,000	
Total	$	9,441,131	$	-	$	228,863	$	9,212,268	$	235,000	

NOTE 6 – LONG-TERM LIABILITIES (Continued)

Long-term Debt Activity (Continued)
At September 30, 2024, the scheduled debt service requirements on the long-term debt were as follows:

	Governmental Activities	
Year ending
September 30:	
Principal	
Interest	
Total	
2025	$	235,000	$	448,547	$	683,547	
2026	245,000	437,838	682,838	
2027	255,000	426,672	681,672	
2028	265,000	415,051	680,051	
2029	280,000	402,338	682,338	
2030-2034	1,630,000	1,787,846	3,417,846	
2035-2039	2,060,000	1,340,305	3,400,305	
2040-2044	2,625,000	757,299	3,382,299	
2045-2047		1,640,000	112,895	1,752,895 	
Total	 $	9,235,000  $	6,128,791  $	15,363,791 	

NOTE 7 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 8 – RISK MANAGEMENT
The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims over the past three years.

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024

			Budgeted Amounts	 Original	Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Assessments	
$ 444,642	$	448,979	
$	452,727	
$	3,748	
Total revenues	444,642	448,979	452,727	3,748	

EXPENDITURES
Current:
General government	106,466	107,504	88,008	19,496	
Maintenance and operations	330,083	548,220	503,881	44,339	
Total expenditures	436,549	655,724	591,889	63,835	

Excess (deficiency) of revenues over (under) expenditures	

8,093	

(206,745)	

(139,162)	

67,583	
OTHER FINANCING SOURCES
Carryforward surplus	
-	
206,745	
-	
(206,745)	
Transfers	(8,093)	-	-	-	
Total other financing sources	(8,093)	206,745	-	(206,745)	

Net change in fund balances	
 $	-	$	-		
(139,162)  $	(139,162) 	
Fund balance - beginning			252,309 	
Fund balance - ending		 $	113,147 	

See notes to required supplementary information

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2024 was amended to increase revenues by $4,337 and increase appropriations by $219,175.

OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FLORIDA STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2024 UNAUDITED

Element	Comments	

Number of District employees compensated in the last pay period of the District’s fiscal year being reported.	
0	
Number of independent contractors compensated to whom nonemployee		
compensation was paid in the last month of the District’s fiscal year being	8	
reported.		
Employee compensation	2,000	
Independent contractor compensation	$588,824.89	
Construction projects to begin on or after October 1; (>$65K)	Not applicable	
	See the Schedule of Revenues, Expenditures and	
Budget variance report	Changes in Fund Balance - Budget and Actual -	
	General Fund	
Ad Valorem taxes;	Not applicable	
Non ad valorem special assessments;		
Special assessment rate	Operations and maintenance - $661.14 - $881.52	
	Debt service - Series 2015 & 2016 - $834 - $1,549	
Special assessments collected	$1,161,273	
Outstanding Bonds:		
Series 2015, due May 1, 2045	$	3,575,000	
Series 2016, due November 1, 2046	$	5,660,000	

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Board of Supervisors
Windsor at Westside Community Development District Osceola County, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Windsor at Westside Community Development District, Osceola County, Florida (“District”) as of and for the fiscal year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated April 22, 2025.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

April 22, 2025

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Windsor at Westside Community Development District Osceola County, Florida
We have examined Windsor at Westside Community Development District, Osceola County, Florida’s (“District”) 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 during the fiscal year ended September 30, 2024. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2024.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Windsor at Westside Community Development District, Osceola County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

April 22, 2025

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
Windsor at Westside Community Development District Osceola County, Florida
Report on the Financial Statements

We have audited the accompanying basic financial statements of Windsor at Westside Community Development District, Osceola County, Florida ("District") as of and for the fiscal year ended September 30, 2024, and have issued our report thereon dated April 22, 2025.
Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated April 22, 2025, should be considered in conjunction with this management letter.

Purpose of this Letter
The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Windsor at Westside Community Development District, Osceola County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Windsor at Westside Community Development District, Osceola County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

April 22, 2025

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None
COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2023.
Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2024.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2024.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2024. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.
Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 23.

Section VII

K4TRt A SCARB0R0UGHi CFA, CC ., �.. �CF
O,scE0LA Co_u- TY	ROPERTY	PPRAISER

Windsor at Westside COD

This Data Sharing And Usage Agreement, hereafter referred to as "Agreement," establishes the terms and conditions under which the Windsor at Westside COD, hereafter referred to as agency, can acquire and use Osceola County Property Appraiser (OCPA) data that is exempt from Public Records disclosure as defined in FS 119.071.
Please note the referenced statute has amended as of October 1, 2021. The paragraph below reflects the changes.

The confidentiality of personal identifying and location information including: names, mailing address, or any other descriptive property information that may reveal identity or home address pertaining to parcels owned by individuals that have received exempt/confidential status, hereafter referred to as confidential personal identifying and location information, will be protected as follows:
The agency will not release confidential personal identifying and location information that may reveal identifying and location information of individuals exempted from Public Records disclosure.
The agency will not present the confidential personal identifying and location information in the results of data analysis (including maps) in any manner that would reveal personal identifying and location information of individuals exempted from Public Records disclosure.
The agency shall comply with all State laws and regulations governing the confidentiality of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential personal identifying and location
information is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying and location information is released.
The terms of this Agreement shall commence on January 1, 2025 and shall run until December 31, 2025,
the date if signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually for the following year.
IN WITNESS THEREOF, both the Osceola County Property Appraiser, through its duly authorized representative, and the agency, through its duly authorized representative, have hereunto executed this Data Sharing and Usage Agreement as of the last below written date.

OSCEOLA COUNTY PROPERTY APPRAISER
Signature:	 _ Print:	Katrina S. Scarborough
Date:	_

Windsor at Westside COD

1/1!(�

Signature:
�		..S"v\,,t.	-=:::::;
Title:  Dwucr M,41&
Date:  I�/q /�'(

Please returned signed original copy, no later than January 31, 2025

2505 E IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL 34744	(407) 742-5000 INFO@PROPERTY-APPRAISER.ORG • PROPERTY-APPRAISER.ORG

Section VIII

Section C

Section 1

Windsor at Westside
Community Development District
Summary of Invoices
October 19, 2024 through May 13, 2025

Fund	Date	Check No.'s	Amount	
General Fund				
	10/25/24	804	$	948.00	
	10/31/24	805	$	1,800.00	
	11/8/24	806-808	$	5,689.55	
	11/22/24	809-810	$	6,747.21	
	12/5/24	811-813	$	5,023.00	
	12/12/24	814-815	$	11,161.84	
	12/19/24	816-817	$	5,413.94	
	1/2/25	818-822	$	7,253.80	
	1/9/25	823	$	573,428.55	
	1/17/25	824	$	6,080.53	
	1/23/25	825	$	2,666.25	
	2/7/25	826-830	$	8,051.41	
	2/14/25	831-832	$	49,170.18	
	3/19/25	833-837	$	23,011.88	
	3/27/25	838-839	$	7,986.00	
	4/4/25	840	$	592.25	
	4/10/25	841-842	$	8,443.05	
	4/17/25	843-845	$	54,661.68	
	4/24/25	846	$	948.00	
	5/2/25	847	$	592.25	
	5/8/25	848-849	$	13,447.57	
	5/12/25	850-851	 $	10,327.92 	
$	803,444.86

October 19, 2024 through May 13, 2025
Thomas Franklin	50032	$	184.70	
Atlee Mercer	50033	$	184.70	
Duane S Owen	50034	$	200.00	
	Scott D Stewart	50035	 $	184.70 	
			$	754.10	
Total			$	804,198.96	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	1
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/25/24 00015 10/15/24 223331	202410 320-53800-46200	*	948.00
LAKE MAINTENANCE OCT24
APPLIED AQUATIC MANAGEMENT, INC	948.00 000804
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/31/24 00031 10/29/24 9131900	202410 320-53800-46300	*	1,800.00
CONS AREA SPRAYING 7 OF 8
BRIGHTVIEW LANDSCAPE SERVICES, INC.	1,800.00 000805
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/08/24 00031 11/01/24 9115299	202411 320-53800-46400	*	5,083.05
LANDSCAPE MAINT NOV24
BRIGHTVIEW LANDSCAPE SERVICES, INC.	5,083.05 000806
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/08/24 00029 10/31/24 3469778	202409 310-51300-31500	*	31.50
GENERAL COUNSEL SEP24
KUTAK ROCK LLP	31.50 000807

11/08/24	00036	11/01/24	
- - - - - - - - 11/22/24 00001	- - - - 11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12469	202411 320-53800-46700	*	575.00
FOUNTAIN MAINT NOV24
LEXINGTON POOL AND MAINTENANCE, LLC	575.00 000808
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
247	202411 310-51300-34000	*	3,927.83
MANAGEMENT FEES NOV24
247	202411 310-51300-35200	*	92.75
WEBSITE ADMIN NOV24
247	202411 310-51300-35100	*	167.00
INFORMATION TECH NOV24
247	202411 310-51300-31300	*	612.50
DISSEMINATION SVCS NOV24
247	202411 310-51300-51000	*	.24
OFFICE SUPPLIES NOV24
247	202411 310-51300-42000	*	5.03
POSTAGE NOV24
248	202411 320-53800-12000	*	1,250.00
FIELD MANAGEMENT NOV24
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,055.35 000809

11/22/24	00004	10/31/24	
- - - - - - - -
12/05/24 00015	- - - -
11/15/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10278828 202410 310-51300-48000	*	691.86
NOT OF LANDOWNERS MEETING
TRIBUNE PUBLISHING COMPANY LLC DBA	691.86 000810
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
224019	202411 320-53800-46200	*	948.00
LAKE MAINTENANCE NOV24
APPLIED AQUATIC MANAGEMENT, INC	948.00 000811
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/05/24 00036 12/01/24 12559	202412 320-53800-46700	*	575.00
FOUNTAIN MAINT DEC24
LEXINGTON POOL AND MAINTENANCE, LLC	575.00 000812
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	2
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/05/24 00010 12/05/24 116040	202412 310-51300-32300	*	3,500.00
TRUSTEE FEE - SER 2015
REGIONS BANK	3,500.00 000813
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/12/24 00031 12/01/24 9153047	202412 320-53800-46400	*	5,083.05
LANDSCAPE MAINT DEC24
BRIGHTVIEW LANDSCAPE SERVICES, INC.	5,083.05 000814
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/12/24 00001 12/01/24 249	202412 310-51300-34000	*	3,927.83
MANAGEMENT FEES DEC24
12/01/24 249	202412 310-51300-35200	*	92.75
WEBSITE ADMIN DEC24
12/01/24 249	202412 310-51300-35100	*	167.00
INFORMATION TECH DEC24
12/01/24 249	202412 310-51300-31300	*	612.50
DISSEMINATION SVCS DEC24
12/01/24 249	202412 310-51300-42000	*	22.56
POSTAGE DEC24
12/01/24 249	202412 310-51300-42500	*	6.15
COPIES DEC24
12/01/24 250	202412 320-53800-12000	*	1,250.00
FIELD MANAGEMENT DEC24
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,078.79 000815
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/19/24 00031 12/12/24 9177792	202412 320-53800-46300	*	1,800.00
CONS AREA SPRAYING 8 OF 8
BRIGHTVIEW LANDSCAPE SERVICES, INC.	1,800.00 000816
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/19/24 00038 12/11/24 2232	202412 320-53800-46600	*	3,613.94
IRRIGATION REPAIRS DEC24
JAMES E DUVALL DBA DVI WATER	3,613.94 000817
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/02/25 00015 12/15/24 224712	202412 320-53800-46200	*	948.00
LAKE MAINTENANCE DEC24
APPLIED AQUATIC MANAGEMENT, INC	948.00 000818
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/02/25 00031	1/01/25 9186347	202501 320-53800-46400	*	5,083.05
LANDSCAPE MAINT JAN25
BRIGHTVIEW LANDSCAPE SERVICES, INC.	5,083.05 000819
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/02/25 00029 12/18/24 3499630	202411 310-51300-31500	*	430.50
GENERAL COUNSEL NOV24
KUTAK ROCK LLP	430.50 000820
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/02/25 00036	1/01/25 12640	202501 320-53800-46700	*	592.25
FOUNTAIN MAINT JAN25
LEXINGTON POOL AND MAINTENANCE, LLC	592.25 000821
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	3
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/02/25 00005 12/16/24 12366	202411 310-51300-31100	*	200.00
CDD MEETING NOV24
OSCEOLA ENGINEERING INC.	200.00 000822
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/09/25 00013	1/03/25 01032025 202501 300-20700-10000	*	227,793.76
TXFER OF TAX RCPTS S2015
1/03/25 01032025 202501 300-20700-10000	*	345,634.79
TXFER OF TAX RCPTS S2016
WINDSOR AT WESTSIDE CDD C/O REGIONS	573,428.55 000823
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00001	1/01/25 251	202501 310-51300-34000	*	3,927.83
MANAGEMENT FEES JAN25
1/01/25 251	202501 310-51300-35200	*	92.75
WEBSITE ADMIN JAN25
1/01/25 251	202501 310-51300-35100	*	167.00
INFORMATION TECH JAN25
1/01/25 251	202501 310-51300-31300	*	612.50
DISSEMINATION SVCS JAN25
1/01/25 251	202501 310-51300-42000	*	30.45
POSTAGE JAN25
1/01/25 252	202501 320-53800-12000	*	1,250.00
FIELD MANAGEMENT JAN25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,080.53 000824
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/25 00038	1/15/25 2340	202501 320-53800-46600	*	2,666.25
IRRIGATION REPAIRS JAN25
JAMES E DUVALL DBA DVI WATER	2,666.25 000825
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00015	1/31/25 225636	202501 320-53800-46200	*	948.00
LAKE MAINTENANCE JAN25
APPLIED AQUATIC MANAGEMENT, INC	948.00 000826
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00031	2/01/25 9221028	202502 320-53800-46400	*	4,243.05
LANDSCAPE MAINT FEB25
2/03/25 9242582	202502 320-53800-46500	*	1,652.76
MAIN SIGN TRELLIS PLANTNG
BRIGHTVIEW LANDSCAPE SERVICES, INC.	5,895.81 000827
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00036	2/01/25 12717	202502 320-53800-46700	*	592.25
FOUNTAIN MAINT FEB25
LEXINGTON POOL AND MAINTENANCE, LLC	592.25 000828
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00012	1/22/25 2018871	202501 310-51300-49100	*	217.35
2024 TAX ROLL
OSCEOLA COUNTY PROPERTY APPRAISER	217.35 000829
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
WIND WINDSOR AT WES ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	4
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/07/25 00039	1/17/25 106603	202501 320-53800-46600	*	398.00
2025 YEARLY REMOTE ACCESS
TUCOR, INC.	398.00 000830

2/14/25 00001	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
253	202502 310-51300-34000	*	3,927.83
MANAGEMENT FEES FEB25
253	202502 310-51300-35200	*	92.75
WEBSITE ADMIN FEB25
253	202502 310-51300-35100	*	167.00
INFORMATION TECH FEB25
253	202502 310-51300-31300	*	612.50
DISSEMINATION SVCS FEB25
253	202502 310-51300-51000	*	.18
OFFICE SUPPLIES FEB25
253	202502 310-51300-42000	*	73.98
POSTAGE FEB25
254	202502 320-53800-12000	*	1,250.00
FIELD MANAGEMENT FEB25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,124.24 000831
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/14/25 00013	2/07/25 02072025 202502 300-20700-10000	*	17,099.94
TXFER OF TAX RCPTS S2015
2/07/25 02072025 202502 300-20700-10000	*	25,946.00
TXFER OF TAX RCPTS S2016
WINDSOR AT WESTSIDE CDD C/O REGIONS	43,045.94 000832
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00015	2/28/25 226545	202502 320-53800-46200	*	948.00
LAKE MAINTENANCE FEB25
APPLIED AQUATIC MANAGEMENT, INC	948.00 000833
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00031	3/01/25 9260394	202503 320-53800-46400	*	4,873.05
LANDSCAPE MAINT MAR25
BRIGHTVIEW LANDSCAPE SERVICES, INC.	4,873.05 000834
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00001	3/01/25 255	202503 310-51300-34000	*	3,927.83
MANAGEMENT FEES MAR25
3/01/25 255	202503 310-51300-35200	*	92.75
WEBSITE ADMIN MAR25
3/01/25 255	202503 310-51300-35100	*	167.00
INFORMATION TECH MAR25
3/01/25 255	202503 310-51300-31300	*	612.50
DISSEMINATION SVCS MAR25
3/01/25 255	202503 310-51300-51000	*	.12
OFFICE SUPPLIES MAR25
3/01/25 255	202503 310-51300-42000	*	151.20
POSTAGE MAR25
WIND WINDSOR AT WES ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	5
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/01/25 255	202503 310-51300-42500	*	4.35
COPIES MAR25
3/01/25 256	202503 320-53800-12000	*	1,250.00
FIELD MANAGEMENT MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,205.75 000835
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00038 12/25/24 2292	202412 320-53800-46600	*	5,465.00
IRRIGATN REPRS DEC24 ADJ
2/24/25 2424	202502 320-53800-46600	*	3,515.33
IRRIGATION REPAIRS FEB25
3/01/25 2431	202502 320-53800-46600	*	212.50
IRRIGTN REPR 02/26/25
3/01/25 2432	202502 320-53800-46600	*	1,200.00
PIPE INSPECTN WITH CAMERA
JAMES E DUVALL DBA DVI WATER	10,392.83 000836
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00036	3/01/25 12862	202503 320-53800-46700	*	592.25
FOUNTAIN MAINT MAR25
LEXINGTON POOL AND MAINTENANCE, LLC	592.25 000837
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/25 00031	3/19/25 9289166	202503 320-53800-46300	*	1,786.00
CONS TREATMENT 1 OF 8
BRIGHTVIEW LANDSCAPE SERVICES, INC.	1,786.00 000838
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/25 00038	3/18/25 2510	202503 320-53800-46600	*	6,200.00
IRRIGATION REPAIRS 03/13
JAMES E DUVALL DBA DVI WATER	6,200.00 000839
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/04/25 00036	4/01/25 12936	202504 320-53800-46700	*	592.25
FOUNTAIN MAINT APR25
LEXINGTON POOL AND MAINTENANCE, LLC	592.25 000840
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00031	4/01/25 9293503	202504 320-53800-46400	*	4,873.05
LANDSCAPE MAINT APR25
BRIGHTVIEW LANDSCAPE SERVICES, INC.	4,873.05 000841
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00038	3/30/25 2520	202503 320-53800-46600	*	3,570.00
IRRIGATION REPAIRS MAR25
JAMES E DUVALL DBA DVI WATER	3,570.00 000842
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00015	3/31/25 227123	202503 320-53800-46200	*	948.00
LAKE MAINTENANCE MAR25
APPLIED AQUATIC MANAGEMENT, INC	948.00 000843
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00001	4/01/25 257	202504 310-51300-34000	*	3,927.83
MANAGEMENT FEES APR25
WIND WINDSOR AT WES ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	6
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	
	4/01/25	
	4/01/25	
	4/01/25	
	4/01/25	
	4/01/25	
	4/01/25	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
257	202504 310-51300-35200	*	92.75
WEBSITE ADMIN APR25
257	202504 310-51300-35100	*	167.00
INFORMATION TECH APR25
257	202504 310-51300-31300	*	612.50
DISSEMINATION SVCS APR25
257	202504 310-51300-51000	*	.03
OFFICE SUPPLIES APR25
257	202504 310-51300-42000	*	.69
POSTAGE APR25
258	202504 320-53800-12000	*	1,250.00
FIELD MANAGEMENT APR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,050.80 000844
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00013	4/16/25 04162025 202504 300-20700-10000	*	18,934.01
TXFER OF TAX RCPTS S2015
4/16/25 04162025 202504 300-20700-10000	*	28,728.87
TXFER OF TAX RCPTS S2016
WINDSOR AT WESTSIDE CDD C/O REGIONS	47,662.88 000845
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/25 00015	4/15/25 227436	202504 320-53800-46200	*	948.00
LAKE MAINTENANCE APR25
APPLIED AQUATIC MANAGEMENT, INC	948.00 000846
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/02/25 00036	5/01/25 13060	202505 320-53800-46700	*	592.25
FOUNTAIN MAINT MAY25
LEXINGTON POOL AND MAINTENANCE, LLC	592.25 000847
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/25 00038	5/05/25 2626	202504 320-53800-46600	*	5,158.82
IRRIGATION REPAIRS APR 25
5/05/25 2627	202504 320-53800-46600	*	1,288.75

- - - - - - - - 5/08/25 00010	JAMES E DUVALL
- - - - - - - - - - - - - - - - - - - - - - - - - -
4/18/25 123671	202504 310-51300-32300	DBA
- -	DVI
- -	WATER
- - -	-	-	-	-	-	- -
*	-	-	-	-	-	- - - - -	6,447.57
- - - - -	000848
- - -	
	4/18/25 123686	202504 310-51300-32300									*						3,500.00			
	TRUSTEE FEES SER 2016																		
	REGIONS BANK																7,000.00	000849	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	- -	- -	- - -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/12/25 00001	5/01/25 260	202505 310-51300-34000									*						3,927.83			
	MANAGEMENT FEES MAY 25																		
	5/01/25 260	202505 310-51300-35200									*						92.75			
	WEBSITE ADMIN MAY 25																		
	5/01/25 260	202505 310-51300-35100									*						167.00			

IRRIGATION REPAIRS APR 25

TRUSTEE FEES SER 2015

3,500.00

INFORMATION TECH MAY 25
WIND WINDSOR AT WES ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/20/25	PAGE	7
*** CHECK DATES 10/19/2024 - 05/13/2025 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

	5/01/25 260	202505 310-51300-31300	*					612.50		
	DISSEMINATION SVC MAY 25
5/01/25 260	202505 310-51300-51000	*					.15		
	OFFICE SUPPLIES								
	5/01/25 260	202505 310-51300-42000	*					77.69		
	POSTAGE								
	5/01/25 261	202505 320-53800-12000	*					1,250.00		
	FIELD MANAGEMENT MAY 25								
	GOVERNMENTAL MANAGEMENT SERVICES-CF							6,127.92	000850	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	- - - - - -	- - - - -	- - -	
5/12/25 00008	4/01/25 27340	202504 310-51300-32200	*					4,200.00			
	AUDIT FYE 09/30/2024									
	GRAU & ASSOCIATES							4,200.00	000851	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	- - - - - -	- - - - -	- - -	
	TOTAL FOR BANK A						803,444.86			
	TOTAL FOR REGISTER						803,444.86			

WIND WINDSOR AT WES ZYAN

Section 2

Windsor at Westside
Community Development District

Unaudited Financial Reporting
March 31, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Series 2015 Debt Service Fund	

5	
	Series 2016 Debt Service Fund	

6	
	Capital Reserve Fund	

7-8	
	Month to Month	

9	
	Long Term Debt Summary	

10	
	Assessment Receipt Schedule	

Combined Balance Sheet March 31, 2025

	General		Debt Service		Totals	
	Fund		Fund	Governmental Funds	
Assets:							
Cash:
Operating Account	
$	
639,547	
$	
-	
$	
639,547	
Investments:							
Series 2015							
Reserve	$	-	$	141,361	$	141,361	
Revenue	$	-	$	360,464	$	360,464	
Interest	$	-	$	49	$	49	
Sinking Fund
Series 2016	$	-	$	49	$	49	
Reserve	$	-	$	214,173	$	214,173	
Revenue	$	-	$	506,147	$	506,147	
Interest	$	-	$	337	$	337	
Principal	$	-	$	79	$	79	
General Redemption	$	-	$	267	$	267	
Due From General Fund	$	-	$	13,970	$	13,970	
Total Assets	$	639,547	$	1,236,897	$	1,876,444	
Liabilities:							
Accounts Payable	$	4,518	$	-	$	4,518	
Due To Debt Service	$	13,970	$	-	$	13,970	
Total Liabilites	$	18,488	$	-	$	18,488	

Fund Balance:							
Restricted For:							
Debt Service - Series 2015	$	-	$	507,473	$	507,473	
Debt Service - Series 2016	$	-	$	729,424	$	729,424	
Unassigned	$	621,058	$	-	$	621,058	
Total Fund Balances	$	621,058	$	1,236,897	$	1,857,955	
							
Total Liabilities & Fund Balance	$	639,547	$	1,236,897	$	1,876,444	

	Adopted	Prorated Budget		Actual		
		Budget	Thru 03/31/25	Thru 03/31/25		Variance	

Revenues:									
O&M Assessments	$	731,873	$	659,608	$	659,608	$	-	
Total Revenues	$	731,873	$	659,608	$	659,608	$	-	

Expenditures:									
General & Administrative:									
Supervisor Fee	$	7,200	$	3,600	$	800	$	4,400	
FICA Expense	$	367	$	184	$	46	$	230	
Engineering	$	5,000	$	2,500	$	200	$	2,300	
Attorney	$	10,000	$	5,000	$	431	$	4,570	
Arbitrage	$	900	$	-	$	-	$	-	
Dissemination	$	7,350	$	3,675	$	3,675	$	-	
Annual Audit	$	4,100	$	-	$	-	$	-	
Trustee Fees	$	7,000	$	-	$	-	$	-	
Assessment Administration	$	5,565	$	5,565	$	5,565	$	-	
Management Fees	$	47,134	$	23,567	$	23,567	$	-	
Information Technology	$	2,004	$	1,002	$	1,002	$	-	
Website Maintenance	$	1,113	$	557	$	557	$	-	
Postage	$	300	$	150	$	371	$	(221)	
Insurance	$	7,359	$	7,359	$	7,359	$	-	
Printing & Binding	$	500	$	250	$	11	$	240	
Legal Advertising	$	3,000	$	1,500	$	692	$	808	
Other Current Charges	$	1,000	$	500	$	470	$	30	
Property Appraiser	$	500	$	217	$	217	$	-	
Office Supplies	$	200	$	100	$	1	$	99	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	110,767	$	55,900	$	45,137	$	12,455	

	Adopted	Prorated Budget	Actual		
		Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Operation and Maintenance						
Contract Services
Field Services		

$	15,000	

$	7,500	

$	7,500	

$	-	
Landscape Maintenance - Contract		$	60,997	$	30,498	$	29,448	$	1,050	
Lake Maintenance		$	11,264	$	5,632	$	5,688	$	(56)	
Property Insurance		$	4,127	$	4,127	$	3,561	$	566	
Repairs & Maintenance
Landscape Maintenance - Other		
$	20,000	
$	10,000	
$	1,653	
$	8,347	
Repairs and Maintenance		$	20,000	$	10,000	$	-	$	10,000	
Operating Supplies		$	1,000	$	500	$	-	$	500	
Irrigation Repairs		$	20,000	$	10,000	$	26,841	$	(16,841)	
Signage		$	800	$	400	$	-	$	400	
Fountain Maintenance		$	10,710	$	5,355	$	3,502	$	1,853	
Wetland Monitoring & Maintenance		$	10,000	$	5,000	$	5,386	$	(386)	
	Subtotal	$	173,898	$	89,013	$	83,579	$	5,434	
Utilitiy
Electric		
$	5,808	
$	2,904	
$	1,794	
$	1,110	
Irrigation Water		$	405,900	$	202,950	$	21,187	$	181,763	
Other
Contingency		
$	10,500	
$	5,250	
$	-	
$	5,250	
	Subtotal	$	422,208	$	211,104	$	22,981	$	188,123	
						
Total O&M Expenses:		$	596,106	$	300,117	$	106,560	$	193,557	
						
Total Expenditures		$	706,873	$	356,017	$	151,697	$	206,012	

Other Financing Sources/Uses:						
Transfer In/(Out)		$	(25,000)	$	-	$	-	$	-	
Total Other Financing Sources/Uses		$	(25,000)	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)		$	-		$	507,911		
						
Fund Balance - Beginning		$	-		$	113,147		
						
Fund Balance - Ending		$	-		$	621,058		

	Adopted	Prorated Budget		Actual		
		Budget	Thru 03/31/25	Thru 03/31/25		Variance		
Revenues:									
Special Assessments	$	276,443	$	248,113	$	248,113	$	-	
Interest	$	9,342	$	8,416	$	8,416	$	-	
Total Revenues	$	285,785	$	256,529	$	256,529	$	-	

Expenditures:									
Interest - 11/1	$	90,694	$	90,694	$	90,694	$	-	
Principal - 11/1	$	90,000	$	90,000	$	90,000	$	-	
Interest - 5/1	$	88,444	$	-	$	-	$	-	
Total Expenditures	$	269,138	$	180,694	$	180,694	$	-	
									
Excess Revenues (Expenditures)	$	16,648			$	75,835			
									
Fund Balance - Beginning	$	288,525			$	431,638			
									
Fund Balance - Ending	$	305,173			$	507,473			

		Adopted	Prorated Budget		Actual			
		Budget	Thru 03/31/25	Thru 03/31/25		Variance		
Revenues:									
Special Assessments	$	419,451	$	376,466	$	376,466	$	-	
Interest	$	13,327	$	11,922	$	11,922	$	-	
Total Revenues	$	432,778	$	388,387	$	388,387	$	-	

Expenditures:									
Interest - 11/1	$	136,200	$	136,200	$	136,200	$	-	
Principal - 11/1	$	145,000	$	145,000	$	145,000	$	-	
Interest - 5/1	$	133,209	$	-	$	-	$	-	
Total Expenditures	$	414,409	$	281,200	$	281,200	$	-	
									
Excess Revenues (Expenditures)	$	18,369			$	107,187			
									
Fund Balance - Beginning	$	405,404			$	622,237			
									
Fund Balance - Ending	$	423,773			$	729,424			

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues

Interest	

$	-	

$	

-	$	

-	$	

-	
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:

Capital Outlay	

$	-	

$	

-	$	

-	$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	-		$	-		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	25,000	

$	

-	$	

-	$	

-	
Total Other Financing Sources (Uses)	$	25,000	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	25,000		$	-		
						
Fund Balance - Beginning	$	8,093		$	-		
						
Fund Balance - Ending	$	33,093		$	-		

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

O&M Assessments

$	-  $

61,364  $

538,029  $

18,520  $

26,940  $

14,754  $	-  $

-  $	-  $

-  $	-  $

-  $	659,608

Total Revenues	$	-  $	61,364  $	538,029  $	18,520  $	26,940  $	14,754  $	-  $	-  $	-  $	-  $	-  $	-  $	659,608

Expenditures:

General & Administrative:

Supervisor Fee FICA Expense Engineering Attorney Arbitrage Dissemination Annual Audit Trustee Fees
Assessment Administration Management Fees Information Technology Website Maintenance Postage
Insurance
Printing & Binding Legal Advertising Other Current Charges Property Appraiser Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	-  $
$	-  $
$	-  $
$	613  $
$	-  $
$	-  $
$	5,565  $
$	3,928  $
$	167  $
$	93  $
$	88  $
$	7,359  $
$	-  $
$	692  $
$	127  $
$	-  $
$	0  $
$	175  $

800  $
46  $
200  $
431  $
-  $
613  $
-  $
-  $
-  $
3,928  $
167  $
93  $
5  $
-  $
-  $
-  $
134  $
-  $
0  $
-  $

-  $
-  $
-  $
-  $
-  $
613  $
-  $
-  $
-  $
3,928  $
167  $
93  $
23  $
-  $
6  $
-  $
129  $
-  $
-  $
-  $

-  $
-  $
-  $
-  $
-  $
613  $
-  $
-  $
-  $
3,928  $
167  $
93  $
30  $
-  $
-  $
-  $
6  $
217  $
-  $
-  $

-  $
-  $
-  $
-  $
-  $
613  $
-  $
-  $
-  $
3,928  $
167  $
93  $
74  $
-  $
-  $
-  $
15  $
-  $
0  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
613  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
3,928  $	-  $
167  $	-  $
93  $	-  $
151  $	-  $
-  $	-  $
4  $	-  $
-  $	-  $
59  $	-  $
-  $	-  $
0  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	800
-  $	46
-  $	200
-  $	431
-  $	-
-  $	3,675
-  $	-
-  $	-
-  $	5,565
-  $	23,567
-  $	1,002
-  $	557
-  $	371
-  $	7,359
-  $	11
-  $	692
-  $	470
-  $	217
-  $	1
-  $	175

Total General & Administrative:	$	18,806  $	6,416  $	4,958  $	5,053  $	4,889  $	5,015  $	-  $	-  $	-  $	-  $	-  $	-  $	45,137

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Operation and Maintenance																
Contract Services
Field Services		

$	

1,250  $	

1,250  $	

1,250  $	

1,250  $	

1,250  $	

1,250  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

7,500	
Landscape Maintenance - Contract		$	5,083  $	5,083  $	5,083  $	5,083  $	4,243  $	4,873  $	-  $	-  $	-  $	-  $	-  $	-  $	29,448	
Lake Maintenance		$	948  $	948  $	948  $	948  $	948  $	948  $	-  $	-  $	-  $	-  $	-  $	-  $	5,688	
Wetland Monitoring & Maintenance		$	1,800  $	-  $	1,800  $	-  $	-  $	1,786  $	-  $	-  $	-  $	-  $	-  $	-  $	5,386	
Property Insurance		$	3,561  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,561	
Repairs & Maintenance
Landscape Maintenance - Other		

$	

-  $	

-  $	

-  $	

-  $	

1,653  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

1,653	
Repairs and Maintenance		$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Operating Supplies		$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Irrigation Repairs		$	-  $	-  $	9,079  $	3,064  $	4,928  $	9,770  $	-  $	-  $	-  $	-  $	-  $	-  $	26,841	
Signage		$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Fountain Maintenance		$	575  $	575  $	575  $	592  $	592  $	592  $	-  $	-  $	-  $	-  $	-  $	-  $	3,502	
	Subtotal	$	13,217  $	7,856  $	18,735  $	10,938  $	13,614  $	19,219  $	-  $	-  $	-  $	-  $	-  $	-  $	83,579	
Utilitiy
Electric		
$	
395  $	
295  $	
169  $	
331  $	
367  $	
237  $	
-  $	
-  $	
-  $	
-  $	
-  $	
-  $	
1,794	
Irrigation Water		$	757  $	56  $	11,420  $	3,646  $	5,260  $	49  $	-  $	-  $	-  $	-  $	-  $	-  $	21,187	
Other
Contingency		

$	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-	
	Subtotal	$	1,151  $	350  $	11,588  $	3,977  $	5,627  $	286  $	-  $	-  $	-  $	-  $	-  $	-  $	22,981	
																
Total O&M Expenses:		$	14,368  $	8,206  $	30,323  $	14,915  $	19,241  $	19,506  $	-  $	-  $	-  $	-  $	-  $	-  $	106,560	
																
Total Expenditures		$	33,174  $	14,622  $	35,281  $	19,968  $	24,130  $	24,521  $	-  $	-  $	-  $	-  $	-  $	-  $	151,697	
																
Excess Revenues (Expenditures)		$	(33,174)  $	46,742  $	502,748  $	(1,448)  $	2,810  $	(9,767)  $	-  $	-  $	-  $	-  $	-  $	-  $	507,911	

WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT LONG TERM DEBT REPORT

SERIES 2015, SPECIAL ASSESSMENT BONDS (ASSESSMENT AREA ONE PROJECT)	
INTEREST RATES:	4.000%, 5.000%, 5.125%	
MATURITY DATE:	11/1/2045	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$138,194	
RESERVE FUND BALANCE	$141,361	
BONDS OUTSTANDING - 6/30/15	$4,190,000	
LESS: PRINCIPAL PAYMENT 11/1/16	($65,000)	
LESS: PRINCIPAL PAYMENT 11/1/17	($70,000)	
LESS: PRINCIPAL PAYMENT 11/1/18	($70,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($75,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($80,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($80,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($85,000)	
LESS: PRINCIPAL PAYMENT 11/1/23	($90,000)	
LESS: PRINCIPAL PAYMENT 11/1/24	($90,000)	
CURRENT BONDS OUTSTANDING	$3,485,000	

SERIES 2016, SPECIAL ASSESSMENT BONDS (ASSESSMENT AREA TWO PROJECT)	
INTEREST RATES:	3.500%, 4.125%, 4.750%, 5.000%	
MATURITY DATE:	11/1/2046	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$209,088	
RESERVE FUND BALANCE	$214,173	
BONDS OUTSTANDING - 5/31/16	$6,535,000	
LESS: PRINCIPAL PAYMENT 11/1/17	($110,000)	
LESS: PRINCIPAL PAYMENT 11/1/18	($115,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($120,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($125,000)	
LESS: SPECIAL CALL 11/1/20	($10,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($125,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($130,000)	
LESS: PRINCIPAL PAYMENT 11/1/23	($140,000)	
LESS: PRINCIPAL PAYMENT 11/1/24	($145,000)	
CURRENT BONDS OUTSTANDING	$5,515,000	

Windsor at Westside
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$ 781,832.32	$	294,088.00	$	446,224.00	$ 1,522,144.32	

ON ROLL ASSESSMENTS	Net Assessments	$ 734,922.38	$	276,442.72	$	419,450.56	$ 1,430,815.66	
		51.36%	19.32%	29.32%	100.00%	

Special Assessment Receipts Fiscal Year 2025

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

11/18/24	
ACH	
$1,719.38	
($34.39)	
$0.00	
$0.00	
$1,684.99	
$865.48	
$325.55	
$493.96	
$1,684.99	
11/22/24	ACH	$120,188.79	($2,403.78)	$0.00	$0.00	$117,785.01	$60,498.94	$22,756.82	$34,529.25	$117,785.01	
12/11/24	ACH	$1,033,029.36	($20,660.58)	$0.00	$0.00	$1,012,368.78	$519,991.84	$195,596.11	$296,780.83	$1,012,368.78	
12/20/24	ACH	$35,833.98	($716.68)	$0.00	$0.00	$35,117.30	$18,037.60	$6,784.89	$10,294.81	$35,117.30	
01/09/25	ACH	$988.85	($19.77)	$0.00	$0.00	$969.08	$497.76	$187.23	$284.09	$969.08	
01/09/25	ACH	$34,748.93	($694.99)	$0.00	$0.00	$34,053.94	$17,491.42	$6,579.44	$9,983.08	$34,053.94	
01/28/25	ACH	$0.00	$0.00	$0.00	$1,033.42	$1,033.42	$530.81	$199.66	$302.95	$1,033.42	
02/10/25	ACH	$53,520.07	($1,070.40)	$0.00	$0.00	$52,449.67	$26,940.18	$10,133.61	$15,375.88	$52,449.67	
03/11/25	ACH	$29,310.68	($586.21)	$0.00	$0.00	$28,724.47	$14,754.00	$5,549.75	$8,420.72	$28,724.47	
	TOTAL	$ 1,309,340.04	$ (26,186.80)	$	-	$  1,033.42	$ 1,284,186.66	$ 659,608.03	$	248,113.06	$	376,465.57	$ 1,284,186.66	

90%
$ 146,629.00

Net Percent Collected Balance Remaining to Collect

Section 3

MARY JANE ARRINGTON
OSCEOLA COUNTY SUPERVISOR OF ELECTIONS

April 21, 2025

Ms. Brittany Brookes Recording Secretary
Windsor at Westside Community Development District 219 E. Livingston St.
Orlando, FL 32801

RE:	Windsor at Westside Community Development District - Registered Voters Dear Ms. Brookes:
Thank you for your letter requesting confirmation of the number of registered voters within
the Windsor at Westside Community Development District as of April 15, 2025.

The number of registered voters within the Windsor at Westside COD is 60 as of April 15, 2025.

�-aw-+

If I can be of further assistance, please contact me at 407.742.6000. Respectfully yours,

Mary Jane Arrington Supervisor of Elections

2509 East Irlo Bronson Memorial Highway• Kissimmee, FL 34744 407.742.6000 • Fax: 407.742.6001 • www.voteosceola.com

Section D

Windsor at Westside CDD
Field Management Report

May 30th, 2025 Jarett Wright
Field Team Supervisor GMS

1	Windsor at Westside CDD Field Management Report | GMS 2025

Site Items

Contracted Maintenance

Contracted maintenance of the CDD ponds and common areas is ongoing with no quality issues to report currently.
Due to the lack of rainfall various areas of the Bahia sod are struggling. We will continue to monitor these areas over the next few weeks.
Scheduling a trash cleanup for the ponds to remove excess debris.

2

Windsor at Westside CDD Field Management Report | GMS 2025

Site Items

Landscaping Enhancements

Various plant material along the Tract 1 Stormwater Pond is in decline.
Recommend exploring options for a landscape redesign of the area that will improve aesthetics and reduce ongoing maintenance needs.

eport | GMS 2025

3

Windsor at Westside CDD Field Management R

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-750-3599, or by email at jwright@gmscfl.com. Thank you.

Respectfully, Jarett Wright

4

Windsor at Westside CDD Field Management Report | GMS 2025