Memorandum

To: Board of Supervisors From: District Management Date: October 1, 2025
RE:	FY2025 - Special District Performance Measures and Standards – Final Outcomes

To enhance accountability and transparency for special districts, the Florida Legislature enacted regulations requiring all special districts to establish clear goals and objectives for each of their programs and activities. In accordance with these requirements, each district was required to develop & adopt measurable performance indicators and standards to evaluate the extent to which these goals and objectives were achieved.

Furthermore, by December 1 of each year, every special district is required to publish an annual report on its official website. This report must outline the goals and objectives accomplished during the preceding fiscal year, describe the performance measures and standards applied, and identify any goals or objectives that were not fully achieved.

This memorandum formally transmits the attached Exhibit A, which details the District’s goals, objectives, measurements, and performance standards addressed during Fiscal Year 2025. The exhibit also provides the outcomes for each goal, summarizes rationales for any unachieved objectives, and outlines recommended actions to address them in the future (if applicable). This memo serves as the final compliance piece for the relevant
reporting requirements for fiscal year 2025.

Sincerely,

District Manager

Exhibit A:
FY 2025
Completed Goals, Objectives and Annual Reporting Form

Osceola County Housing Finance Authority Performance Measures/Standards & Annual Reporting Form
October 1, 2024 - September 30, 2025

 Public Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular meetings per year to conduct Authority related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yesj:! No□

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

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by contacting the Authority Manager's office during normal business hours to request records.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by Authority Management's records.
Standard: 100% of monthly website checks were completed  by Authority
Management.
Achieved: YesJ81No□

 Affordable Housing Compliance
Goal 2.1: Compliance Management Occupancy Reporting and/or Site Inspections Objective: Compliance Monitoring Agent t, or a designee, will conduct Management review and Physical inspections of multifamily developments projects per bond

restrictive covenants. Compliance Monitoring Agent will review monthly reviews of occupancy submitted by owners, in accordance with the Florida Housing Finance Corporation standards
Measurement: Compliance management visits were successfully completed and monthly reports for occupancy reviewed per Compliance Monitoring Agreement as evidenced by Compliance Manager's reports, notes or other record keeping method. For Rural Development projects, compliance reports were received in accordance with the federal program requirements. Any noted compliance issues were rectified by stated deadlines.
Standard: 100% of site visits were successfully completed as described within Compliance Monitoring Agreement and any compliance issues were rectified by stated deadline.
Achieved: Yes)(] No D

 Financial Transparency and Accountability
Goal 3.1: Facilitate Issuance of Multifamily Revenue Housing Bonds for Affordable Housing in accordance with Part IV, Chapter 159, Florida Statutes.
Objective: Select bond counsel, bond underwriters, credit underwriters and other
necessary professionals (that have been selected via RFQ by the state Florida Housing Finance Corporation), prepare and approve the associated documents necessary to issue such bonds dedicated to financing affordable multi-family housing in Osceola County.
Measurement: Authority collected applicable fees and reviewed the proposed project(s) prior to initiating the bond process. TEFRA Hearings were noticed and held accordingly. Financing team, including but not limited to, Bond Counsel, Credit Underwriter, and Compliance Monitoring Agent were selected by the Authority to prepare the appropriate inducement and delegation resolutions, credit underwriting reports, and ancillary documents. Authority adopted/approved the documents to close and issue bonds for the construction of the project(s).
Standard: 100% approved project(s) completed the bond approval and closing process in accordance with statutory deadlines and requirements.
Achieved: Yes� No D

Goal 3.2: Processing of Disbursements
Objective: Have funds appropriately disbursed to authorized vendors pursuance to the Custody of Funds Agreement with Osceola County.
Measurement: Vendors send invoice to be added to disbursement for approval by the Authority and signed by the Authority Chairman and Secretary and sent to County Chief Financial Officer for processing and disbursement of funds.
Standard: Authority approved and processed 100% of the disbursements submitted in the Fiscal Year.
Achieved: YesjlJ No D

Goal 3.3: Deposit of Funds
Objective: Deposit funds received for the Authority in a timely manner. Measurement: Timeliness funds deposited as evidenced by correspondence showing type of disbursement and bond issuance transmitted to the County Chief Financial Officer for deposit.
Standard: All checks received in the Fiscal Year by Authority Manager's office were
transmitted to the County Chief Financial Officer and deposited into the Authority's bank account.
Achieved: Yes�No□

Goal 3.4 Annual Audit Information
Objective: Provide information to Osceola County financial staff, as requested, for county annual audit.
Measurement: Timeliness of response(s) to county staff.
Standard: All inquiries and requests from Osceola County for financial information were timely provided.
Achieved: Yes'li[No □

ChairNice Cb.arr: /	f,�"'---
Print Name: f  D-½vv---.0..-\,J_f LI	
Osceola County Housing Finance Authority

Authority Manager:	r-7:::: � �	
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Osceola County Housing Finance Authority

Date:  I o]I /u1--5