Belhaim Frank Sakuma

The key discussions during the board meeting included the formal approval of the Regular Board Meeting minutes from October 10, 2025, and other prior minutes. New business focused on Resolution No. 2026-01, concerning the adoption of the Fiscal Year 2026/2027 Proposed Budget. Another resolution, Resolution No. 2026-02, addressed the request for Brevard County Supervisor of Elections to conduct the District's general elections, which established terms of office for Seats 3, 4, and 5 commencing in November 2026. Administrative matters included a presentation regarding the qualified electors notice and reminding the Board about the required annual ethics training.

The budget includes revenues from O&M assessments, developer contributions, debt assessments for Series 2021, 2024-1, and 2024-2 bonds, and interest income. Expenditures cover supervisor fees, engineering/inspections, management, legal, assessment roll, audit fees, arbitrage rebate fee, insurance, legal advertisements, miscellaneous expenses, postage, office supplies, dues & subscriptions, trustee fees, continuing disclosure fee, dissemination services, and miscellaneous maintenance. The budget also details bond payments for the Series 2021, 2024-1, and 2024-2 bonds, along with county appraiser & tax collector fees and discounts for early payments. The document provides a comparison of assessments across different fiscal years and property types.

The meeting included a public hearing to receive public comments on the Fiscal Year 2025/2026 Final Budget, followed by consideration of Resolution No. 2025-03 to adopt the budget. Additionally, the board considered Resolution No. 2025-04 to adopt the Fiscal Year 2025/2026 Meeting Schedule. The meeting also covered administrative matters and board member comments.

The agenda includes calling the meeting to order, verifying proof of publication and quorum, and addressing any additions or deletions to the agenda. The board will consider Resolution No. 2022-12, which amends the resolution setting the public hearing for special assessments. The public hearing involves receiving public comments on levying special assessments, considering approval of the project, adjusting and equalizing assessments based on public input, and considering Resolution No. 2022-13, which authorizes the project and the intent to levy non-ad valorem assessments.

The agenda included items such as proof of publication, establishing a quorum, and any additions or deletions to the agenda. The board considered approval of adjustments to the District Counsel Fee Structure and Resolution 2023-05, which authorized and adopted an amended final fiscal year 2022/2023 budget. There were also administrative matters and board member comments.