MINUTES OF MEETING LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT

The budget workshop meeting of the Board of Supervisors of the Lake Ashton Community Development District was held on Monday, March 16, 2026 at the Lake Ashton Clubhouse Ballroom, 4141 Ashton Club Drive, Lake Wales, FL, and began following the adjournment of the Lake Ashton Community Development District Board of Supervisors Meeting.
Present and constituting a quorum were:

Brenda VanSickle	Chairperson
Mike Costello	Vice Chairman
Steve Realmuto	Assistant Secretary
Debby Landgrebe	Assistant Secretary
Greg Ulrich	Assistant Secretary
Also present were:
Jill Burns	District Manager, GMS
Matt Fisher	Operations Manager
Christine Wells	Community Director

The following is a summary of the March 16, 2026 Lake Ashton Community Development District budget workshop meeting.

FIRST ORDER OF BUSINESS	Review of Documents Relating to Fiscal Year 2027 Budget

Review of Preliminary Proposed Fiscal Year 2027 Budget
Fiscal Year 2026 Adopted Budget
District Financials through February 2026
Combined Balance Sheet
Capital Projects Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance

The Lake Ashton Board and staff discussed the current year budget and potential capital projects the Board may want to consider for the upcoming year. No action was taken at the workshop meeting. Staff will make all changes discussed and present and updated budget for discussion at the May meeting.