Agenda Packet July 2015 Meeting

Transcription

DOUBLE BRANCH
Community Development District
JULY 13, 2015
AGENDA
Double Branch
475 West Town Place
Suite 114
St. Augustine, Florida 32092
July 7, 2015
Board of Supervisors
Double Branch Community Development District
Call In# 1-800-264-8432 Code 182247
Dear Board Members:
The Double Branch Community Development District Board of Supervisors Meeting is
scheduled for Monday, July 13, 2015 at 4:00 p.m. at the Plantation Oaks Amenity
Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida 32065.
Following is the advance agenda for the meeting:
I. Roll Call
II. Audience Comments
III. Approval of Consent Agenda
A. Approval of the Minutes of the June 8, 2015 Meeting
B.
Financial Statements
C.
Assessment Receipt Schedule
D.
Cheek Registers
N. Discussion of Fiscal Year 2016 Budget
V. Other Business
VI. Staff Reports
A. Attorney - Consideration of Proposed Rate Increase
B.
Engineer - Acceptance of Consulting Engineer's Report
C.
Manager-Discussion of Fiscal Year 2016 Meeting Dates
D.
Operations Manager - Report
VII. Audience Connnents I Supervisor's Requests
VIII. Next Scheduled Meeting - August 10, 2015 @ 6:00 p.m. at Plantation Oaks
Amenity Center
IX. Adjourmnent
I look forward to seeing you at the meeting. If you have any questions, please feel free to
call.
Sincerely,
James A. Perry
District Manager
THIRD ORDER OF BUSINESS
A.
MINUTES OF MEETING
DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Double Branch Community
Development District was held Monday, June 8, 2015 at 4:00 p.m. at the Plantation Oaks
Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida 32065.
Present and constituting a quorum were:
Cindy Nelsen
Tom Horton
Chad Davis
Scott Thomas
Chairperson
Supervisor
Supervisor
Supervisor
Also present were:
James Perry
Jason Walters
Jay Soriano
Susie Raab
2 residents
District Manager
District Counsel
GMS Operations Manager
Amenity Aquatics Staffing
FIRST ORDER OF BUSINESS
Roll Call
Mr. Perry called the meeting to order at 4:00 p.m.
SECOND ORDER OF BUSINESS
Audience Comment~
There were no audience comments
TIDRD ORDER OF BUSINESS
Approval of Consent Agenda
A.
Approval of the Minutes of the May 11, 2015 Meeting
B.
Financial Statements
C.
Assessment Receipt Schedule
D.
Check Register
Mr. Perry stated the minutes of May 11 are included. Also included are the financial
statements as of April 30, the assessments receipt schedule, and the check register.
June 8, 2015
Double Branch CDD
On MOTION by Mr. Thomas seconded by Mr. Davis with all in
favor the Consent Agenda was approved.
FOURTH ORDER OF BUSINESS
Consideration of Resolution 2015-02
Approving the Proposed Budget for Fiscal
Year 2016 and Setting a Public Hearing
Date for Adoption
Mr. Perry stated this is a standard form resolution regarding the budget for this next
fiscal year. The budget process will start with approval of this budget that we have provided.
Subsequently in August we will have a night meeting on August 10, and at that time the budget
will be adopted by the board. Between now and August we will refine this budget for actual
expenditures of the District and for what we are projecting for next fiscal year. I want to
review the budget in general. We are not increasing assessments or lowering assessments. We
are keeping them at the same levels as we have in previous years. Regarding the expenditures,
most of the line items are flat or very little movement in regards to increases. Regarding the
General Fund, on Page 1, probably the biggest change in regard to expenditure line items was
related to trustee fees where we have changed those to lower them based on what has actually
been incurred this last year. Other than that, there are some minor changes to each of the
individual line items and also an increase in reserve amounts for the General Fund. After that
is a narrative of the revenues and expenditures for the General Fund. Starting on Page 5 is the
Recreation Fund. You will see in the revenue section the maintenance assessments are at the
same levels as we had in the prior year. We made some adjustments for the amenities and
revenue associated with that. We are running right now about $37,000 that we are projecting
for this year, and our budget was only about $16,000. We have adjusted that to expectation of
about $35,000 next year.
When you look at the expenditures for the administrative side,
maintenance, and recreation facility, again most of those are flat and also with the fitness
center expenses. In regards to the water irrigation, we have $6,200 budgeted this year. We are
projecting for next year about $9,000. It is a pretty hefty increase on that, and we will monitor
that again. After that is a narrative of the revenues and expenditure items for the budget. You
finally get back to Page 17, which is the Debt Service Funds for the 2013 bonds.
The
amortization schedules for those bonds are on pages IS and 19. On Page 20 is the assessments
analysis, and on Page 21 is the Capital Reserve. We are expecting at the end of this year to
have about $150,000 in reserve funds for capital projects. That is after paying $183,000 for the
2
Double Branch CDD
June 8, 2015
pool resurfacing, which is the biggest thing we have done in several years. Charlie Sheppard
of Connnunity Advisors is still working on that fixed asset study, so we will be reflecting that
in this report and making some recommendations to the board. Page 22 gives you an idea of
the funds available for the District at the end of the year. The total estimated funds are almost
$1 million. Out of that we have to pay, or have available in our working capital, almost
$500,000. We have about $500,000 of general reserves or undesignated fund balance, if you
will, that based upon the study that is done, we will probably earmark some of those funds and
transfer them directly into a capital reserve fund account. That is budget for this year. Part of
the budget process, this is the first phase of it, and we will refine it through August. The most
important things are that we will not increase assessments, we think the expenditures are going
to be pretty much flat overall, and we are looking forward to establishing more dollars into the
reserve fund accounts for capital projects. Unless you have specific questions, we would ask
the board to approve Resolution 2015-02 and set the public hearing for August I 0, 2015 at 6:00
p.m. Your sister District is also going to meet at night, but it is the week after.
On MOTION by Ms. Nelsen seconded by Mr. Horton with all in
favor to accept Resolution 2015-02 approving the proposed
budget for FY16 and setting a public hearing date of August 10,
2015 at 6:00 p.m. was approved.
FIFTH ORDER OF BUSINESS
Other Business
There being none, the next item followed.
SIXTH ORDER OF BUSINESS
A,
Staff Reports
Attorney
Mr. Walters stated 1 don't have any action items for the board this month.
B.
Engineer
Mr. Perry stated there is one requisition for consideration by the board.
$193.50, and is Requisition #I IA. It is related to the Series 2013A bonds.
On MOTION by Ms. Nelsen and seconded by Mr. Horton with
all in favor Requisition #llA in the amount of $193.50 was
approved.
3
It is for
June 8, 2015
C.
Double Branch CDD
Manager
Mr. Perry stated I don't have anything to report.
D.
Operations Manager - Report
Mr. Soriano stated my reported in located at Section VI, Tab D. The pools are open.
We had the "out of school into the pool" party last week for both Districts. It went well with a
lot of families and a lot of kids there. I will be sending out an email this week reminding
residents that use your sister District's pool that the swim team will have their swim meet at the
Double Branch pool. They have three meets planned. We had quite a few days last month that
we without electricity. We had a couple oflightning strikes. It takes our system down, and
when that happens, we have to do repairs to the card readers. When that happens at the fitness
center we have to track everything by hand, so it takes a little longer to get those numbers. The
final numbers are total facility usage for last month was 8,538. Average daily usage was 276
people. This is getting up pretty high. This is our normal. During the summer you will see
very high numbers. Comparatively, looking at this month last year, 8,011 punched in between
the fitness center and the pools. We have actually gone up with 500 more people showing up
to use the pools. Moving on to the maintenance side, there are no major items right now or
concerns for any upcoming large repairs. Unless you have questions, that is it for my report.
Mr. Thomas asked if there were any updates on the fields being redone.
Mr. Soriano responded they have already started. If you have been out there, the first
bit is actually burning everything out to take out all the grass and the weeds. They go through
and do a basic grading. They take the tiller through quite a few times. They should start laying
down the sprigs this week.
Mr. Perry asked Ms. Raab do you have anything for the board?
Mr. Raab responded we had our party, and on the 4th of July we are going to have food
and stuff on this side. We will let everyone know. On the 21st of July we are going to have ice
cream day. There will be sundaes for a dollar, and the kids get to come and put as many
toppings as they can fit in a bowl.
SEVENTH ORDER OF BUSINESS
Audience Comments/Supervisor's Requests
Audience Comments
4
June 8, 2015
Double Branch CDD
I am Andre Lanier, 303 Briar Oaks Lane. One of my questions is on the budget. It
talks about soccer revenue. My understanding is that we are absolutely sharing that with
whoever is playing out there.
Mr. Soriano stated we will make a correction. It was supposed to say sports revenue
and not soccer.
Mr. Lanier stated the proposed budget for FY! 6, just to let you know it is already up
there. It is part of the fees associated with signing up for soccer, there is a $10 fee associated
with that one. But my question then becomes for the projected.
Mr. Thomas stated when we had previously discussed enacting the fee, soccer had
already started registering, and I know we didn't give them anything concrete of what season to
actually start, so they were proactive this season, and there is a $10 up front fee for that. It is
not like past due or anything?
Mr. Perry responded it was a placeholder to begin with when we set the budget last
year. In developing this budget we had it as a projected number. We can adjust it down to
zero in going through for the budget for this fiscal year that will show when you adopt it. It
was just a placeholder, and based upon this discussion, we will adjust it down.
Mr. Lanier stated thank you. We are looking at $4,000 per season for the soccer with
the two seasons that we have, which would be the eight from our aspect, and then the rest
would come from the I9.
Mr. Soriano stated it is $10 per registrant.
Ms. Nelsen stated we are not stuck on that number. That is kind of a budget number,
but we had agreed on $10.
Mr. Lanier stated but we also said we are not going to get into the numbers, and that
you are gmng to look at 400 kids, and so that would come out to $4,000 per season is what was
discussed in the meeting. Ifwe have to go under, then we would pay the actual number, but if
we go with 410, as we said, we don't want to get into a numbers games, and we are going to
cap it at the 400.
Mr. Perry stated in most Districts it is based on the number of participants, and it is not
capped. That is typically what it is. The fee is per individual. As you well know, we spend a
lot more than the anticipated revenues for the maintenance of that facility. I don't believe the
5
June 8, 2015
Double Branch CDD
verbiage that we drafted has a cap on it. I think when we talked about numbers, we didn't want
to get where we were auditing and trying to substantiate.
Ms. Nelsen stated right, we aren't going to audit your books, we are going to take your
word for it.
Mr. Lanier stated you said if it was less than the 400, then we would pay you the $10.
Based upon 400 kids per season, that is $8,000, and then the other $2,000 was going to come
from 19, based upon their numbers.
Ms. Nelsen stated it was based on a 400-kid average, which is where the number came
from. I don't ever remember saying we were going to put it off until this year. But I do
understand that we don't have a written agreement.
Mr. Lanier stated we talked about that one because we had already started our
registration, and we had already registered kids, and that was the reason it was put off.
Mr. Horton stated we talked about 400 as being a round number, how many kids would
be roughly 400. That is the only 400 that we used. We said roughly it would be 400 kids out
there, so we said roughly we would get this much money. That is the way I understood it.
Mr. Lanier stated I remember the conversation, but I wasn't at the meeting where it was
voted on it. I remember discussing it, but the next meeting I wasn't here for it, so I can't tell
you what happened.
Mr. Perry stated is regards to minutes here, in the discussion about the $4,000 per
season, which is going to be, the way I take it, $4,000 and not even tied to that, but that is not
what the board in the discussion further talked about. It was going to be $10 per participant.
We have direction from the board, and we will make sure the agreement reflects what we have
discussed.
Supervisor's R~quests
There were no supervisor requests.
EIGHTH ORDER OF BUSINESS
Next Scheduled Meeting
Mr. Perry stated the next scheduled meeting is July 13, 2015, 4:00 p.m. at Plantation
Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida.
NINTH ORDER OF BUSINESS
Adjournment
6
June 8, 2015
Double Branch CDD
On MOTION by Mr. Davis seconded by Ms. Nelsen with all in
favor the Meeting was Adjourned.
Secretary/Assistant Secretary
ChairmanNice Chairman
7
B.
1Jouf3{e ~ranch
Community 1Jevefoyment District
'Unaudltea:J'inancia('Reyorting
:May 31, 2015
VO'U'BLX 'B'R.Jl.:NCJ{
Community Zleve{o/ment ZJfstrict
Cmn6ined:1!atmice Sfieet
::May 31, 2015
Governmental Fund Ti12es
General
ASSETS:
Cash
Petty Cash
Recreation
$58,054
Investments:
Series 2013A~1
Revenue
ResisrveA1
lnterestA1
Acquisition and Cohstruciion
Cost of Issuance
Series 2013A~2
ReserveA2
Interest A2.
Excess Revenue
Prepayment
Operations
Custody Account-Genera! Fund Excess
Custody Account-General Fund Reserve
Custody Account-Recreation Fund Excess
Custody Account-Recreation Fund F.eserve
Prepaid Expenses
Accounts Recei..,1ab!e
Due From Capital Reserve Fund
Due from Rec Fund
Due from Other
Due From Middl:e Village
Electric Deposits
TOTAL ASSETS
LIABILITIES:
Aa::ounts Payable
Accrued Expenses
Contract Payable
Due to Capital Reserve
Due to Rec': Fund
Due to Middle Village
Due to Residents- Bond Refund
Deferred Revenue
-
-
---
-
$182,378
--
---
-
-
-
-,--
$84,303
$1,925
-
-
-
---
$4,500
-
$7,275
--
$;4,500
FUND BALANCES:
Nonspendab,le
Restricted for Debt Service
Restricted for Capltal Projects
Assigned
Unassigned
$2,00\}
$222,230
$1,216,067
TOTAL LIABILllll:S & FUND EQUITY
& OTHER CREDITS
$240,43~
$1,298,284.0$
--
---,$149,687
--
-
$149,687
Page 1
-
----
-
--
$1,445,951
-
-
-
$149,687
-
$58
$120,072
-
--
-
----
-
---
-
-
----
$139,262
--
$39,284
$31,100
$456,947
$868,932
-
-
$3,439
-------
-
-
-
--
-
Service
--
-
$1,207,556
---
$1,298,284
$12,764
$10,426
---
$240,433
-----
Capital Reserve
Totals
(Memorandum Only)
2015
Capital
Projects
Debt
-
-----
$1,445,951
--
-$1,445,951
--
$152,783
$1,925
--
$456,947
$868,932
$0
$49,521
$0
-
-
-
$49,521
-
$120,072
$0
$0
$0
$0
$182,378
$0
$1,207,556
$139,262
$0
$0
$0
$0
$0
$0
$4,500
S49,521
$3,183,876
-
$42,723
$31,100
$0
$0
$0
$58
$12,764
$7,275
-
---
-
--
-
--
--
-
--
-$49,521
---
$4,500
$1,445,951
$49,521
$151,687
$1,438,297
$49,521
$3, 183,876
'DOU'BL'E 'B'R:Jl:NCJ-{
Community Vevewyment '.District
(jP:N'E'.R.J!£ J"l}N.D
Statement of '.Revenues & Pxpencfltures
:for 'llie Period"'Ending May 31, 2015
ADOPTED
BUDGET
PRORATED BUDGET
THRU 5/31/15
ACTUAL
THRU 5/31/15
$178,600
$0
$178,600
$0
$173,741
$14
($4,859)
$14
$178,600
$178,600
$173,755
($4,845)!
$12,000
$918
$10,000
$1,200
$2,500
$7,260
$40,000
$0
$5,500
$15,500
$57,657
$1,150
$250
$1,900
$3,400
$300
$7,467
$10,150
$150
$350
$175
$2,773
$8,000
$612
$6,667
$1,200
$1,250
$7,260
$23,333
$0
$5,500
$8,014
$38,438
$767
$167
$1,267
$2,267
$200
$7,467
$6,767
$100
$233
$175
$1,849
$7,600
$581
$989
$1,400
$1 ,250
$7,260
$19,337
$0
$5,500
$8,014
$38,438
$767
$137
$905
$1,061
$0
$7,467
$3,933
$0
$193
$175
$0
$180,600
$121,531
-$1-051008
$16,5231
($2,0DOl
$68,747
l
$21000
$155,483
$0
$224,230
VARIANCE
REVENUES:
Assessment - Tax Roll
Interest Income
TOTAL REVENUES
EXPENDITURES:
Administrative
Supervisors Fees
FICA Expense
Engineering
Arbitrage
Dissemination
Assessment Roll
Attorney
Attorney - Foreclosure
Annual Audit
Trustee fees
Management Fees
Computer Time
Telephone
Postage
Printing & Binding
Records Storage
-insurance
--Legal Advertising
Other Current Charges
Office Supplies
Dues, Licenses, Subscriptions
Reserve
TOTAL EXPENDITURES
EXCESS REVENUES (EXPENDITURES)
FUND
BALANCE~
Beginning
FUND BALANCE· Ending
I
Page Z
$400
$31
$5,678
($200)
$0
$0
$3,996
$0
$0
$0
$0
$0
$29
$362
$1,205
$200
$D
~2;833
$100
$40
$0
$1 ,849
1JO'U$L'E 1J'R.Jl:NCJ{
Cmnmunity '.Devewyment '.Di.strict
:R:EC'R:EJl!IiON.!A:N'D :f.JlCii.I'.IiPS !M;AI!N'I'EN.Jl!NC'E
Statement of '.Revenues & '.E.xpenrfitures
Jor 'Ifie Periorl'1:ndin9 :M.ay 31,
ADOPTED
BUDGET
2015
PRORATED Bl,JDGET
THRU 5131115
ACTUAL
THRU 5131115
VARIANCE
REVENUES:
$1,462,045
$165
$16,000
$10,000
$1,488,2fO
$110
$10,667
$6,667
$1,479,488
$1,422,267
$110
$23,674
$0
$1,446,051
($39,778)
($0)
$13,008
($6,667)
!$33,437)1
Administrative:
Management Fees - Onsite
Insurance
Permit Fees
Office Supplies
Total Administrative
$89,120
$60,299
$3,324
$2,375
$300
$155,418
$59,413
$60,299
$2,216
$296
$200
$122,424
$59,413
$59,799
$2,498
$296
$0
$122,006
($0)
$500
($282)
$0
$200
$418 I
Maintenance:
Common Area
Security
Sec1,1rity - Clay County Off Duly Sheriff
Water - Irrigation
Irrigation Maintenance
Streetlightlng
Electric
Landscape Maintenance
Common Area Maintenance
Lake Maintenance
Landscape Reserve
Contingency
Capita! Reserve
Misc. MaintenaAce
General Reseive
Total Common Area
$50,920
$40,000
$6,200
$2,500
$33,066
$36,000
$315,774
$40,064
$28, 116
$35,000
$6,000
$21,712
$2,500
$24,252
$642,104
$33,947
$26,667
$4,133
$2,500
$22,044
$24,000
$210,516
$26,709
$18,744
$35,000
$4,000
$21,712
$2,921
$24,252
$457,145
$33,.886
$26,084
$6,400
$4,250
$20,139
$25,974
$210,516
$21,333
$15,719
$35,000
$455
$21.712
$2,921
$24,252
$448,641
$60
$583
($2,267)
($1,750)
$1,905
($1,974)
$0
$5,376
$3,025
$0
$3,546
$0
$0
-$0
$8,5031
Recreation Facility
Aquatics & Fitness ~anager/Staff
Pool Attendants
Refuse Service
Telephone
Electric
Cable
Pool Maintenance
Water/Sewer/Reclaim
Facility Maintenance-- General
Fac1Hty Maintenance - Preventative Contracts
Facility Maintenance - Confingency
Lighting Repairs
Special Events
Office Supplies and Equipment
Janitorial
Recreation Passes
$49,266
$104,515
$6,120
$7,824
$50,000
$4,536
$56,616
$65,000
$27,500
$5,617
$29;750
$8,500
$10,500
$4,000
$31,512
$7,565
$32,844
$20,424
$4,080
$5,216
$33,333
$3,024
$37,744
$43,333
$18,333
$3,175
$19,833
$5,667
$2,008
$2,667
$21,008
$5,043
$32,503
$20,424
$4,028
$4,274
$27,700
$3, 129
$29,680
$39,467
$17,342
Maintenance Assessments-Tax Roll
Interest Income
Amenities Revenue
Soccer Revenue
TOTAL REVENUES
$1,462,045
EXPENDITURES:
Page 3
$3,175
$17,644
$5,640
$2,008
$1,977
$20,540
$2, 190
$:l41
.$0
$52
$942
$5,634
($105)
$8,064
$3,866
$991
$0
$2,190
$26
$0
$689
$468
$2,853
1JO'U13£P 13'RXNC:Jf
Communil!y Vevewyment Vfl;trict
1l!ECR:E:it'I!O:N.:A:JV'I) J'YlCiil'I1'ES :MN:l'l'I'E:NJ'l:NC'E
Statement of '.Revenites & 'Exyenditu:res
for 'Ifie PerWr£ 'Ending :May 31, 2015
ADOPTED
BUDGET
Recreation Faclll~-Contlnued
Repairs & Replacement
Pool Pump Reserve
Pool Leak Repairs
Soccer Field
Total Recreation Facility
Fitness Center
Staffing
Telephone
Electric
Cable
Facility Maintenance - General
Facility Maintenance - Preventative
Facility Maintenance - Contingency
Janitorial
Repair and Replacements
Total Exercise Facmty
Total Maintenance
TOTAL EXPENDITURES
PRORATED BUDGET
THRU 5/31/15
ACTUAL
THRU 5131115
VARIANCE
$79,025
$9,500
$5,000
$21,250
$52,683
$9,500
$3,333
$18,121
$30,827
$9,500
$0
$18, 121
$21,857
$0
$3,333
$0
$583,596
$341,371
$290,168
$51,203
$53,900
$950
$12,000
$3,828
$8,000
$7,500
$5,000
$2,664
$12,750
$500
$35,933
$633
$8,000
$2,552
$5,333
$5,000
$3,333
$1,776
$8,500
$500
$37,231
$673
$6,216
$2,727
$1,882
$2,812
$459
$1,462
$8,000
$1,525
($1,298)
($40)
$1,784
($175)
$3,451
$2,188
$2,874
$314
$500
($1,025)
$107,092
$71,561
$62,988
$8,574
$1,332,792
$870,077
$801,797
$68,280
$1,488,210
$992,501
$923,803
$68,698
($0)
$522,249
FUND BALANCE - Beginning
$0
$698,319
FUND BALANCE· Ending
($0)
$1,220,567
Page 4
I
'DO'U'B.£:E 'B'JUl:NCJ-f
Community Ve'VelOyment :District
Cayita(Xeserve :funcC
Statement of '.Revenues & 'ExyencCitures
]'or 'The Teri.oa 'Ending :May 31, 2015
ADOPTED
BUDGET
PRORATED BUDGET
THRU 5131115
ACTUAL
THRU 5/31/15 VARIANCE
REVENUE~
Interest Income
Landscape Reserve - Transfer In
Capital Reserve - Transfer In
Pool Pump Reserve - Transfer in
General Reserve - Transfer in
TOTAL REVENUES
I
$20
$35,000
$21,712
$9,500
$0
$13
$35,000
$21,712
$9,500
$0
$15
$35,000
$21,712
$9,500
$24,252
$1
$0
$0
$0
$24,252
$66,232
$66,225
$90,479
$24,253
$0
$0
$0
$5,000
$0
$0
$0
$0
$3,333
$0
$0
$1,000
$183,061
$0
$0
$0
($1,000)
($183,061)
$3,333
$0
$5,000
$3,333
$184,061
!$180,728)1
I
EXPENDITURES:
Landscape Reserve
Capital Projects (1)
Pool Pump Reserve
General Reserve
TOTAL EXPENDITURES
FUND BALANCE - Beginning
FUND BALANCE - Ending
I
$61,232
!$93,582l
$205,391
$243,269
$266,623
$149,687
(1) Capital Projects includes Crown Pool, Inc pool resurfacing.
Page 5
'DO'U'B£'E 'B'RSl:NCJf
CO:M!MUXI'I'J/ 1J'EV'E£0P:M!eN'I'1JIS'l'.RIC'l'
'.D'E'B'I'S'EX'VICE yLJ:N'D
Series 2013 5l-1, & 2013 5l-2 Syecta{ 5lssessment '.Bonas
Statement of 'Revenues & Xxyenditures
:for '.Irie PerioaXnding :May 31, 2015
ADOPTED
PRORATED
ACTUAL
BUDGET
THRU 5131/15
THRU 5/31115
VARIANCE
Revenues:
Special Assessments - Tax Roll
$1,976,759
$1,976,759
$1,918,907
$100
$0
$67
$0
$90
$23
$20,340
$20,340
$1,976,859
$1,976,826
$1,939,337
Interest Expense - 11/1
$433,754
$433,754
$433,754
Interest Expense - 511
$433,754
$433,754
$433,754
Principal Expense 5/1
$875,000
$875,000
$875,000
$77,050
$77,050
$77,050
$45,000
$45,000
$75,000
$0
($30,000)
$77,050
$77,050
$74,894
$2, 156
$75,000
$75,000
$75,000
$0
$0
$45,000
$0
($45,000)
$2,010,609
$2,016,609
$2,089,453
Interest Income
Special Assessments - Prepayments
TOTAL REVENUES
{$57,852)
($37,489)1
Expenditures:
Series 2013 A-1
$0
$0
$0
Series 2013 A·!1
Interest Expense-1111
Prepayment Call 1111
Interest Expense - 511
Principal Expense 5/1
Prepayment Call 5/1
TOTAL EXPENDITURES
{$39,750)
($72,844)1
($150,115)
-Other Sourcesl(Uses l
lnterfund Transfer ln anEI (Out)
Other Debt Service Cost
TOTAL OTHER
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Net change In Fund Balance
($39,750)
($150,115)
FOND BALANCE Beginning
$574,384
$1,596,066
FUND BALANCE
$534,634
$1,445,951
w
w
Ending
fl) Transfer from Reserve
Page 6
1JO'll'B£'E 'B'R.JJ.:NCJ{
Community 'Devet:oyment 'District
QIPI'.T'Ji\£ P1W.I'EC'.T'S J'{1!N'D
Statement of 'Revenues & 'Exyencfitures
:for 'Ilie Peri.or£'Ending :Ma.y 31, ·2015
SERIES
2013A-1 ANDA-2
REVENUES:
Interest Income
$2
TOTAL REVENUES
EXPENDITURES:
Capila! Outlay - Series 2013 A1 andA2.
$0
Cost of Issuance
$0
TOTAL EXPENDITURES
$0
Other Sources and Uses
lnterf1.md Transfer ln/{Out)
$0
$0
Bond Proceeds
TOTAL OTHER
Net Change ln Fund Balance
$2
FUND BALANCE - Begif'.lning
$49,519
FUND- BALANCE - Ending
$49 521
Page 7
I
'DouG[e 'Branen
Community 1Jevewyment '.District
:M.<mtfi Gy :M.ontfi Income
Statement
fg~nera[:fund:
J'isca[Yea:r 2015
November
December
$0
$1
$37,527
$1
$1261074
$1
$2,308
$2
$1,403
$2
$1
$37,528
$126,075
$2,310
$1,000
$1,000
$77
$0
$0
$0
$0
$2,358
'$0
$0
$0
$1,000
$77
$0
$0
$1,000
$0
$2,406
$0
$0
$0
$4,805
$4,805
$96
$46
$1,000
$77
$585
$0
$0
$0
$3,092
$0
$0
$0
$4,805
$96
$0
$96
$30
$108
$113
$104
$28
$0
$0
$1
$0
$0
$Q
$0
$0
$492
$0
$32
$175
$0
$198
$0
$0
$492
$0
$26
$0
$0
$96
$33
1116
$196
$0
$0
~5,769
$10,465
October
January
February
Man:h
April
May
$1,579
$2
$2,994
$2
$1,857
$2
$0
$0
$0
$0
$0
$0
$0
$0
$173,741
$14
$1,406
$1,581
$2,996
$1,859
$0
$0
$0
$0
$173,755
$1,000
$77
$0
$0
$0
$0
$2,3Q2
$0
$800
$61
$0
$0
$4,805
$96
$0
$4;805
$96
$12
$250
$0
$2,456
$0
$5,500
$0
$4,805
$96
$5
$800
$61
$0
$0
$0
$0
$0
$0
$0
$0
$4,805
$96
$12
$115
$116
$110
$123
$159
$0
$0
$492
$0
$26
$0
$0
$153
$0
$0
$166
$0
$0
$161
$492
$492
so
$26
$0
$0
$0
$26
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$492
$0
$32
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$7,600
$581
$989
~o
$1,000
$77
$0
$0
$0
$0
$2,647
$0
$0
- _$J7,437
srs, 1ss
$6,580
$0
$0
$0
$0
.$0
$0
June
July
August
_September
Total
Revenues:
Assessment - Tax Roll
Interest Income
Total Revenues
I
I
Exoenditures:
Administrative
Supervisors Fees
FICA Expense
Engineering
$77
$404
$0
$0
Arbitrage
Dissemin.ation
Assessment Roll
$7,260
Attorney
Annual Audit
Trustee fees
$3,986
$0
$0
$0
Management Fees
$4,805
Attorney - Foreclosure
Computer Time
Telephone
Postage
Printing & Binding
Records .Storage
Insurance
$7,467
$492
Legal Advertising
Office Supplies
Dues, Licenses, Subscriptions
Reserve
Excess Revenues (ExpendituresH
($2,5,768)
$27,063
$492
$0
$26
$0
$0
$~_ ~_1_0,246
$116,890
{$7,936)'
~$.1~1_
{$7,755)
$8,014
($15,857)
$1,400
($13, 169)
- ($4,721)
$7,260
$19,337
$0
$5,500
$8,014
$38,438
$767
$137
$905
$1,061
i!o
$0
$0
$0
$0
$0
$0
$0
$7,467
$0
- -- ------
$1,400
$1,250
so-·
$3,933
$0
$193
$175
$0
$105,008
I
$66;-14i]
1Jou6[e 13rancfi
Curnmunity Ve'l'ewyment Vfstrict
:Manl:li 6y :Mmtlilncome Statement
'.Recredtion yitruf
:Fiscafyea:r 2015
L6ctcber
Nove:mber
December
$2,131
$307,202
$1,374
$9
$8
$2, 140
$308,583
$1,032,061
$1,562
$6
$1,033,630
$18,890
$1,526
$17
$20,433
$7,427
$59,799
$290
$7,427
$7,427
$0
$0
$0
$0
$318
$0
$0
$67,516
$4,236
$3,380
$1,104
January
February
April
March
June
May
July
August
_September
Total
RevertUes:
Maintenance Assessments-Tax Roll
Amenities Revenue
Interest Income
Total Revenues
$0
I
$15,320
$24,505
$9,543
$18
$34,066
$15,198
$4,282
$16
$19,495
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1,422,267
$23,674
$110
s1,44s,os1
$7,427
$7,427
$7,427
$0
$0
$305
$179
$0
$7,427
$0
$329
$117
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$265
$0
$0
$0
$0
$0
$0
$0
$0
$59,413
$59,799
$2,498
$296
$0
$7,719
$7,774
$7,692
$7,911
$7,872
$0
$0
$0
$0
s122.006
$4,236
$3,332
$1,078
$4,236
$3,053
$376
$750
$2,532
$3,970
$26,315
$3,338
$2,268
$0
$0
$0
$186
$0
$4,236
$3,993
$689
$4,236
$3,062
$$88
$3,500
$2,532
$4,236
$2,675
$496
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$11,488
$876
$12,922
$2,381
$20
$17
$12,384
$7,427
$0
$0
$0
$292
$0
$0
$7,744'
$7,778
$4,236
$3,005
$996
$0
$2,494
$2,697
$26,315
$4,236
$3,587
$1,074
I
Exoenditures:
Administrative
Management Fees
w
Onsite
Insurance
Permit Fees
Office Supplies
I
$352
$347
so
I
MAIN1ENANCE
Common Area
Secur"1ty
Secuirity - Clay County Off Duty Sheriff
Water - Irrigation
$0
Street!ighting
$2,494
$3,216
$26,315
$3,288
$1,893
Electric
C6mmon Area Maintenance
Lake Maintenance
Landscape Reserve
Contigency
Capita! Reserve
Misc. Maintenancs
Genera! Reserve
Total Common Area
$0
$455
I
$3,~89
$1, 93
•9
$0
$0
$0
$149
$186
$0
$0
$0
$0
$2,494
$3,266
$26,315
$1;950
$1,893
$35,000
$2,532
$3,768
$26,315
$1,921
$2,093
$0
$21,712
$149
$24,252
$0
$0
$0
$149
$0
$0
$26,315
$1,275
$1,893
$0
$0
$0
$453
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$46,329
$45, 152
$0
$0
$0
$0
$448,641
$4,106
$4,375
$496
$177
$2,733
$397
$7,631
$4,481
$1,195
$155
$1,388
$690
$4,106
$10,496
$493
$177
$3,686
$397
$5,039
$5,514
$2,395
$215
$2,280
$711
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$32,503
$20,424
$4,028
$4,274
$27,700
$3,129
S29;680
'$39,467
$17,342
$3,175
$17,644
$5,640
$2,008
$1,977
$20,540
$2,190
$30,827
$9,500
$0
$2,532
$3,021
$26,31 s
$3,006
$1,893
$0
$0
$0
$969
$46,527
$45,610
$125,927
$45,422
_1J'!_7,023
$46,652
$4,020
$4,020
$4,020
$4,Q20
$4,106"
$0
$0
$0
$0
$4,106
$5,553
$505
$6Bl3
$3,988
$384
$3,819
$3,453
$2,291
$861
$1,976
$655
$510
$598
$2,888
$516
$590
$3,620
$384
$1 ,736
$5,375
$2,291
$1,359
$2,475
$655
$0
$515
$510
$588
$4,131
$391
$1 ,899
$4,752
$2,291
$370
$2,380
$556
$498
$782
$3,169
$390
$1,899
$2,476
$0
$2,532
$3,559
$26,315
$2,767
$1,893
$0
$0
$0
$680
Recreation Facifftv
Aquatics & Fitness Manager/S~aff
Pool Attendants
Refuse Service
Telephone
Electric
Cable
Pool Maintenance
Water/Sewer/Reclaim
Facility Maintenance - Preventati\/e Contracts
Lighting Repairs
Special Events
Janitorial
Recreation Passes
Pool Pump Reserve
Pool Leak Repairs
Soccer Field
$588
$3,309
$384
$3,640
$6,482
$2,291
$0
$2,175
$459
$0
$0
$4,981
$3,101
$686
$3,063
$403
$4,018
$3,346
$2,297
$215
$2,490
$988
$377
$271
$3,702
$1,041
$3,750
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1Ji0
$2,088
$150
$2,764
$1,149
$2,559
$9,500
$150
$2,820
$0
$0
$3,706
$2,718
$0
$0
$0
$0
$0
$0
$0
$0
$495
$6,063
$2,291
$0
$2,480
$927
$1,121
$274
$2,079
$0
$0
$118
$2,120
$266
$2,079
$0
$0
$4,353
$5,660
$0
$0
$0
$18,121
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$33,886
$26,084
$6,400
$4,250
$20, 139
$25,974
$210,516
$21,333
$15,719
S35,000
$455
$21,712
$2,9-21
$24,252
so·
•o
$0
$18,121
1
1JoufJ[e 'Branch
Commun{fy Vl?!Vewynumt Vfstrf.ct
:M.ontfi
6y !M.ontfi Income. State.me.-nt
'.R.iilcre.atfrm. :furuf
YiscaCyear 2015
January
Febi"ua_fy_
March
April
Tota! Recreation
r -----s3Q.3fi.O
October
-~7-
$39,985
$Z9~s39
--szg;rso·
s3G,so1
$34~414---
Exercise Facilitv
Staffing
Telephone
$4,888
$5,31 s
$5,002
$4,606
$4,1 so
$4,503
$84
$84
$84
$84
$84
$84
Electric
Dible
Facility Maintenance - ·General
Facifrty Maintenance - Preventative
Fadllty Maintenance - Contingency
Qffice Supplies and Equipment
Janitorial
Repair and Replacement
Total Exercise Facirtty
Total Expenses
Excess Revenues (Expenditures)
I
November
$1,033
$322
$870
$340
$735
$340
$756
$345
$721
$345
$0
$0
$0
$0
$0
$338
$673
$278
$183
$710
$616
$345
$637
$446
$0
$0
$0
$0
$0
$0
$399
$1,000
$292
$103
$1,000
$149
$1,000
$185
$1,000
$124
$1,000
$8,357
$8,38_5 _
[ -----$]52,739
I
December
cs150,599)
May
July
Auaust
September
Total
-$0
so
$0
.$-o
-$29Q.f68
$4,072
$4,697
$84
$84
$629
$347
$643
$857
$345
$602
$183
$459
$1,000
$770
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$37,231
$673
$6,216
$2,727
$1,882
$2,812
$459
$1,462
$8,000
$1,525
$9,082
___!Q ___
$0
$0
_____ J9_
$62,9ss
I
so
so
----$923;803
I
so
so
s522,24S:
I
$0
$0
$246
$85
$0
$0
$0
$170
$1,000
$368
$7,588
$7,158
___ g,134
$8, 168
$89,715
s-181,218
$90,137
-----$9l";·r~
$99,313
$95,770
-$123-:740
s218,868
sas2,3s1
($69,704)
($78,727)
($83,993}
($61,703)
($104,245)
$0
June
s61 ,634
$1,000
$95
-~7'..}.lI_ ___
-------------soso___ so
so
1
c.
1JO'U'BL'E 'B'RJJ.:NC:Jf CO:M:M'UJl/ITy 1J'£V'ELOP:M.'E3'fl1JIS'T'JUCT
J1J 2015 .Jlssessments 1{ece9Jts Summary
ASSESSED
#UNITS
ASSESSED
TOTAL
ASSESSED
SERIES 2013
DEBT
SERVICE
ASSESSED
NET TAX ROLLASSESSED NET
45486
3,613,226.17
1,972,578.17
178,600.33
1,462,047.67
TOTAL ASSESSED
45486
3,613,226.17
1,972,578.17
178,600.33
1,462,047 .67
CLAY COUNTY DISTRIBUTION
1
2
3
4
5
6
7
8
9
10
SUMMARY OF TAX ROLL RECEIPTS
SERJES2013
DEBT
DATE
TOTAL
SERVICE
RECEIVED
RECEIVED
RECEIVED
11/12/14
75,647.84
41,298.63
11/24/14
683,555.25
373, 175.14
12109/14
2,001,625.04 1,092,752.48
12/30/14
548,956.07
299,693.05
01/21/15
46,683.00
25,485.77
02/18/15
28,391.97
15,500.10
03/17/15
17,434.63
31,935.50
04/16/15
60,560.78
33,062.11
05/28/15
20,504.78
37,559.17
06/19/15
100,578.07
54,908.85
TOTAL TAX ROLL RECEIPTS
PERCENT COLLECTED
TOTAL PERCENT COLLECTED
-
3,615,492.69
-
-
1,973,815.53
GENERAL
FUNDO&M
ASSESSED
RECREATION
FUNDO&M
ASSESSED
RECREATION
GENERAL
FUNDO&M
FUNDO&M
RECEIPTS
RECEIPTS
3,739.24
30,609.97
33,787.86
276,592.25
98,939.53
809,933.03
27,134.68
222, 128.34
2,307.52
18,889.71
1,403.40
11,488.47
1,578.56
12,922.31
2,993.50
-24,505.18
1,856.53
15,1B7.86
4,971.53
40,697.68.
-
178,712.36
DEBT
100.06"/o
-
-
-
-
1,46£,964.81
O&M
100.06%
'Douf3{e 13rancli
Community Vevefoyment Vistrfct
LO'YlfJ 'Term Ve6t 'Reyort
Series 2013 A-1 Special Assessment Refunding Bonds
Interest Rate:
Maturity Date:
Reserve Fund Definition:
Reserve Fund Requirement:
Reserve Fund Balance:
1.3%-4.25%
5/1/2034
50% Max Annual on Outstanding
$868,932
$868,932
Bonds outstanding - 9/30/2013
Less: November 1, 2013
Less: May 1 , 2014 (Mandatory)
Less: May 1, 2015 (Mandatory)
Current Bonds Outstanding
$24,850,000
$0
($860,000)
($875,000)
$23, 115,000
Series 2013 A-2 Special Assessment Refunding Bonds
Interest Rate:
Maturity Date:
Reserve Fund Definition:
Reserve Fund RequiremeAt:
Reserve Fund Balance:
Bonds outstanding - 9/30/2013
Less: November 1, 2013 (Prepayment)
Less: November 1, 2014 (Prepayment)
Less: May 1, 2015 (Prepayment)
Current Bonds Outstanding
5.750%
5/l/2034
50% Max Annual on Outstanding
$120,072
$120,072
$2,900,000
($145,000)
($75,000)
($75,000)
($75,000)
($45,000)
$2,485,000
D.
'Doul3Ce 'Branch,
Community 1Jevewyment 1Jistrict
Cfiecfi '.Run Summary_
)'U(y 13, 2015
:furu{
'Date
Cfiec/i,:No.
6/11/15
50543-50546
!ilmount
fjeneraC:furu{
Payro((
$
738.80
Su6-Tota(
.'Accounts Payafi(e
6/5/15
6/11/15
6/17/15
1191
1192-1196
1197-1198
$
$
$
6/5/15
6/11/15
6/18/15
6/25/15
4045-4048
4049-4063
4064-4073
4074-4075
$
$
$
$
6/18/15
15
$
10,328.60
$
61,144.64
$
1,506.00
$
73,718.04
1,506.00
Su&-'lotaC
l'lotaC
$
2,293.09
37,043.11
21,083.44
725.00
Su6-'lota(
CayitaC'.Reserve J'wUf
.'Accounts Payafi(e
738.80
491.68
8,388.90
1,448.02
Su6-Tota(
'.Recreation :furu{
.'Accounts 1'aya6(e
$
I
BR040M-A
CHECKS WRITTEN LISTING
CMPY-001 DOUBLE BRANCH - GENERAL FUND
BANK-P
CHECK#
050543
050544
050545
050546
TYPE
R
R
R
R
AS OF
PAYROLL FUND
SYSTEM
CHECK DATE
CEECK AMT
PR
PR
PR
PR
06/11/2015
06/11/2015
06/11/2015
06/11/2015
184.70
184.70
184.70
184.70
BANK TOTAL
738.80
COMP.ANY TOTAL
738.80
6/20/2015
EMP/CUS/VEN#
12
15
8
14
RUN
DESCRIPTION
CHAD E DAVIS
CHARLES T HORTON
CYNTHIA Y. NELSEN
SCOTT THOMAS
DBBR DOUBLE BRANCH BPEREG
6/30/2015
PAGE
1
AP300R
YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
*** CHECK DATES 06/01/2015 - 06/30/2015 ***
DOUBLE BRANCH - GENERAL FUND
RUN
6/30/15
PAGE
1
BANK A ·GENERAL FUND
CHECK
VEND#
DATE
6/05/15 00007
.•.•• INVOICE •••••••. EXPENSED TO...
DATE
INVOI-CE
YRMO
VENDOR NAME
DPT ACCT# SUB
AMOUNT
STATUS
AMOUNT
4/30/15 16114824 201504 310-51300-48000
5/11 NOTICE OF MEETING
491.68
*
THE FLORIDA TIMES-UNION
6/11/15 00034
491. 1'8 001191
-
6/01/15 106
201506 310-51300-31400
2015 ASSMNT ROLL PREP
5/25/15 16165779 201505 310-51300-48000
6/08/15 NOTICE OF MEETING
*
TEE FLORIDA TIMES-UNION
6/11/15 00035
6/01/15 1747
201506 310-51300-34000
*
*
JUN MANAGEMENT FEES
6/01/15 1747
201506 310-51300-35100
JUN COMPUTER TIME
6/01/15 1747
201506 310-51300-51000
6/11/15 00015
5/31/15 82255
*
201504 310-51300-31500
*
HOPPING GREEN & SAMS
201506 310-51300-49000
*
RESERVE STUDY INSPECTION
COMMUNITY ADVISORS
6/ 17 /15 00013
4,804.75
6/09/15 50580629 201506 310-51300-42000
*
JUNE POSTAGE
- -
491. 68 001193
-
-
- -
95.83
214. 95
201504 310-51300-31500
260.00 001192
-- -
- - - - - - - - - - -
*
*
201506 310-51300-41000
HOPPING GREEN & SAMS
6/11/15 523
491.68
201506 310-51300-42500
APR MONTHLY MEETING
6/17/15 00103
- - - -
17.01
APR GENERAL COUNSEL
5/31/15 82256
--
*
GOVERNMENTAL MANAGEMENT SERVICES
6/11/15 00015
- - - -
32.03
TELEPHONE
•
260.00
*
POSTAGE
6/01/15 1747
COPIES
6/01/15 1747
- - - - - - - - - - - - -
201506 310-51300-42000
OFFICE SUPPLIES
6/01/15 1747
-
*
CLAY COUNTY PROPERTY APPRAISER'S
6/11/15 00007
•... CHECK •••••
#
SUBCLASS
17.02
- -
-
-
5,181.59 001194
- - - - - - - - - - 678.06
- - - - -
- - - -
--1,350.00
- - - - -
- - - - - - - - - -
-
678.06 001195
-ll777.57
- - - -
-
-98.02
- - -
-
1, 777 .57 001196
1,350.00 001197
98.02 001198
.FED EX
TOTAL FOR BANK A
10,328.60
TOTAL FOR REGISTER
10,328.60
AP300R
***
CHECK DATES 06/01/2015 -
CHECK
DATE
VEND#
06/30/2015
***
..... INVOICE . . . . . . . . EXPENSED TO...
DATE
INVOICE
YRMO DPT ACCT# SUB
VENDOR NAME
STATUS
*
6/05/15 00092
5/19/15 1745
201505 300-36900-10300
4/30-5/9 EVENT STAFFING
*
6/05/15 00092
5/27/15 1746
5/16/15
5/27/15 1746
5/17/15
201505 300-36900-10300
*
*
EVENT STAFFING
201505 300-36900-10300
EVENT STAFFING
6/01/15 06012015 201505 300-20700-10100
5/22-5/28 SECURITY REIMB
MIDDLE VILLAGE CDD
*
5/31/15 62007272 201505 320-57200-34500
*
MAY ROVING SECURITY
ABM SECURITY SERVICES, INC
6/11/15 00410
6/01/15 15058
201506 320-57200-62000
250 IOPROX CARDS
*
ALLSECURITY ELECTRONICS
6/11/15 00224
6/11/15 00033
6/01/15 6061
201506 320-57200-12000
JUN AQUATICS DIR/ASST
AMENITY AQUATICS STAFFING
*
5/27/15 76963
*
201505 330-57200-63110
AMOUNT
6/01/15 06012015 201506 320-57200-43100
JUN REC ELECTRIC
6/01/15 06012015 201506 320-57200-43000
JUN COMMON ELECTIC
6/01/15 06012015 201506 330-57200-43110
--
-
-
-
-
#
--
- - - - - - - - - -
- -
-
556.50
CLAY ELECTRIC COOPERATIVE, INC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 201505 320-57200-63100
OPERATING SUPPLIES
492.59 004045
-
- -
556.50 0-04046
- -
-
- - - - - - - - -
343.50
225.50
- -
---
- -
-
569.00 004047
- - - - - - - - 675.00
- - - - - - 4,235.79
675.00 004048
-----
4,235.79 004049
----1,033.65
- - - - - - - - - - - - - -
-
- -
1,033.65 004·050
-
-
4,105.51
-
- - - - -
770.00
770.00 004052
- -
*
*
*
*
6/01/15 06012015 201506 320-57200-42900
JUN STREETLIGHTS
6/02/15 1750
••• • CHECK •••••
492.59
CERTIFIED AIR CONTRACTORS, INC.
- - - - - - - - - - - - - - - - - - - - - - - -
JUN FITNESS CENTER ELECT
6/11/15 00092
1
4,105.51 004051
MAY AC FITNESS CTR RPR
-6/11/15
- - - - 00002
- - -
PAGE
AMOUNT
5/31/15 PB765693 201505 320-57200-34900
MAY REFUSE
ADVANCED DISPOSAL
6/11/15 00327
6/30/15
SUBCLASS
6/05/15 00007
6/05/15 00208
RUN
DOUBLE BRANCH - REC FUND
BANK B RECREATION FUND
-
-
3,502.48
3,293.84
836.27
2,383.33
10,015.92 004053
*
192.42
AP300R
***
YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CBECK REGISTER
CHECK DATES 06/01/2015 - 06/30/2015
CHECK
DATE
VEND#
***
DATE
INVOICE
YRMO DPT ACCT# SUB
6/02/15 1750
SUBCLASS
VENDOR NAME
201505 320-57200-41000
MAY RING CENTRAL
6/02/15 1750
201505 320-57200-51000
ID PRINTER RIBBON/OS
6/02/15 1750
201505 310-51300-49300
MUSIC MEDIA
6/01/15 174$
201506 310-51300-34000
JUN FACILITY MANAGEMENT
*
97.87
*
266.21
*
116. 62
*
6/11/15 00092
6/02/15 1749
201504 320-57200-51000
CARD PRINTER RIBBON/OS
6/02/15 1749
201504 320-57200-63100
OPERATING SUPPLIES
6/02/15 1749
201504 320-57200-49400
SPECIAL EVENTS
6/02/15 1749
201504 320-57200-41000
APR RING CENTRAL
6/02/15 1749
201504 320-57200-61000
JANITORIAL SUPPLIES
6/02/15 1749
201504 310-51300-49300
ASCAP LICENSING
*
6/11/15 00024
6/08/15 06082015 201506 300-20700-10100
201506 320-57200-61000
JUN JANITORIAL SERVICES
179.17
6/01/15 111
201506 330-57200-61100
JUN FITNESS JANITORIAL
RIVERSIDE MANAGEMENT SERVICES, INC
7,426.67 004055
97.83
- - - - - - - - - -
1, 961. 88 004056
85.00
- - - - - - - - - -
85.00 004057
1,893.00
1,893.00 004058
*
- - - - - - - - - - - - - 600.00
-
600.00 004059
*
- - - - - - - - - - - - - - 2,079.00
2,079.00 004060
RIVERSIDE MANAGEMENT SERVICES, INC
6/11/15 00297
673.12 004054
- - -·- -
*
*
#
-118.08
- - - - - - - -
41. 20
6/01/15 173111
6/01/15 110
2
.... • CHECK •••••
AMOUNT
- - - - -
*
MIDDLE VILLAGE COD
6/11/15 00297
PAGE
-7,426.67
- - - -
631. 07
THE LAKE DOCTORS, INC.
6/11/15 00208
-
*
*
*
201506 320-57200-46800
-
894.53
6/01/15 17062678 201506 330-57200-50000
6/25/15 STANDARD PAYMENT
GREAT .AMERICA LEASING CORP.
JUN LAKE MAINTENANCE
- - -
*
6/11/15 00384
6/30/15
AMOUNT
STATUS
6/11/15 00092
RUN
*
- - - - - - - - - - - - - - 1,000.00
1,000.00 004061
AP300R
*** CHECK DATES 06/01/2015 - 06/30/2015 ***
.
CHECK
DATE
VEND#
6/11/15 00422
..... INVOICE . . . • . • . . EXPENSED TO...
DATE
INVOICE
YRMO DPT ACCT# SUB
6/18/15 00224
6/18/15 00224
6/18/15 00441
6/18/15 00172
VENDOR NAME
STATUS
6/04/15 33875044 201506 320-57200-61000
LINERS/TISSUES/TOWELS
SUPPLYWORKS
*
6/02/15 06022015
4/28/15
6/02/15 06022015
5/05/15
6/02/15 06022015
5/12/15
6/02/15 06022015
5/19/15
6/02/15 06022015
5/26/15
*
*
- - - - - - - - - - - - - - - - 6/11/15 00382
SUBCLASS
201505 320-57200-63200
MAT CLEANING
201505 320-57200-63200
MAT CLEANING
201505 320-57200-63200
MAT CLEANING
201505 320-57200-63200
MAT CLEANING
201505 320-57200-63200
MAT CLEANING
UNIFIRST CORPORATION
RUN
6/30/15
AMOUNT
3
..• . CHECK .•.••
AMOUNT
#
977 .32
- - - - - - - - - - 37.25
977.32 004062
----
37.25
*
37.25
*
*
37.25
37.25
- - - - -
-8,282.59
------
5/31/15 6104
201505 320-57200-34600
5/1-5/31 LIFEGUARDS
5/31/15 6104
201505 320-57200-34600
5/1-5/31 SUPERVISORS
*
*
5/31/15 6127
201505 330-57200-12100
MAY GYM STAFFING
*
6/09/15 06092015 201506 300-36900-10300
JUNE DEPOSIT REFUND
BARRY KENNER
*
6/08/15 06082015 201506 320-57200-43500
566-1 OAKLEAF VILLAGE
6/08/15 06082015 201506 320-57200-43500
716-1 WAKEMONT DRIVE RECL
6/08/15 06082015 201506 320-57200-43500
3713-1 THOUSAND OAKS DR
6/08/15 06082015 201506 320-57200-43500
6/08/15 06082015 201506 320-57200-43500
6/08/15 06082015 201506 320-57200-43500
1940-1 WOODWORTH DR RECL
6/08/15 06082015 201506 320-57200-43500
603-1 WATERFORD OAKS DR
6/08/15 06082015 201506 320-57200-43500
1505-1 CANOPY OAKS DR
*
*
168.86
*
105.• 62
*
25.06
*
33.46
*
27.46
*
25.66
*
48.30
PAGE
186.25 004063
- - -
2,213.20
--- --
-
- -
-
-4,697.00
- - -
10,495.79 004064
-
-
- - -
4,697.00 004065
- - - - - - - - - 150.00
150.00 004066
524.32
AP300R
***
CHECK DATES 06/01/2015 -
CHECK
DATE
VEND#
06/30/2015
***
..... INVOICE • . . . . • • . EXPENSED TO...
DATE
INVOICE
YRMO DPT ACCT# SUB
V'ENDOR NAME
STATUS
6/08/15 06082015 201506 320-57200-43500
1422~1 BITTERBERRY DR
6/08/15 06082015 201506 320-57200-43500
1591-1 CANOPY OAKS DR
*
23.26
*
29.86
*
*
37.24
CLAY COUNTY UTILITY AUTHORITY
6/03/15 502682
201506 320-57200-61000
10 MAX ROLL
6/03/15 502682
201506 320-57200-61000
SHIPPING
*
6/09/15 06092015 201506 300-36900-10300
JUNE DEPOSIT REFUND
*
JOY MANANGAN
6/12/15 3491
201506 320-57200-63100
SIGN UP LIGHT-VILLAGE CTR
*
KAD ELECTRIC COMPANY
6/18/15 00208
6/15/15 06152015 201506 300-20700-10100
6/1 VENDING MACHINE REV
*
MIDDLE VILLAGE CDD
6/18/15 00208
6/15/15 06152015 201506 300-20700-10100
*
MIDDLE VILLAGE CDD
6/18/15 00305
6/04/15 8276
201506 330-57200-63110
MULTI-STATION PINS
6/04/15 8276
201506 330-57200-63110
DISPLAY CONSOLE
6/04/15 8276
201506 330-57200-63110
ELLIPT GENERATOR BELT
6/04/15 8276
201506 330-57200-63110
MAGNUM END CAPS-OUTER
201506 330-57200-63110
6/04/15 8276
MAGNUM END CAPS-INNER
201506 330-57200-63110
6/04/15 8276
MAGNUM MASHES
6/04/15 8276
PAGE
4
201506 330-57200-63110
MAGNUM ROM-PLATE
*
*
•••• CHECK •••••
AMOUNT
#
342.03
---
1, 391.13 004067
- - - - - - - - 555.00
---
130.00
*
ERC WIPING PRODUCTS, INC
6/18/15 00166
AMOUNT
SOBCLASS
1206-1 BEDROCK DR RECL
6/18/15 00440
6/30/15
6/08/15 06082015 201506 320-57200-43500
3178~1 WANDERING OAKS DR
6/08/15 06082015 201506 320-57200-43500
6/18/15 00261
RUN
-
- - - -
683.00 004068
- - SD.DO
-------875.00
- - - - - - - - -
-
-
--
-
- -
50.00 004069
875.00 004070
- - - - - - - - - 112. 03
--
112.03 004071
- - - - - - - - - - - - -
---
675.00
-
-
675.00 004072
- - - - - - - - - 100.74
1,094.50
*
44.00
*
*
*
15. 59
15.59
*
195.74
l. 79
AP300R
*** CHECK DATES 06/01/2015 - 06/30/2015 ***
CHECK
DATE
VEND#
DATE
INVOICE
YRMO DPT ACCT# SUB
VENDOR NAME
#
44.54
*
TRAVEL
*
65. 00
*
300.00
*
75.00
6/23/15 06232015 201506 300-20700-10100
MIDDLE VILLAGE CDD
*
6/19/15 06192015 201506 300-36900-10300
.
REFUND DEPOSIT/LATE CKOUT
PAULA WLLIAMSON
*
5
••• • CHECK .••••
AMOUNT
6/04/15 8276
201506 330-57200-63110
LABOR
6/04/15 8276
201506 330-57200-63110
SHIPPING
SOUTHEAST FITNESS REPAIR
6/25/15 00442
.AMOUNT
STATUS
PAGE
6/30/15
SUBCLASS
6/04/15 8276
201506 330-57200-63110
MAGNUM POP PIN KIT
6/04/15 8276
201506 330-57200-63110
6/25/15 00208
RUN
-
-
--
1,952.49 004073
----675.00
- - - - -
-50.00
- - - - - - - -
-
675.00 004074
50.00 004075
TOTAL FOR BANK B
61,144.64
TOT.AL FOR REGISTER
61,144.64
AP300R
*** CHECK DATES 06/01/2015 - 06/30/2015 ***
DOUBLE BRANCH-CAPITAL RESERVE
BANK C CAPITAL RESERVE FUND
CHECK
,DATE
VEND#
6/18/15 00004
.•.•• INVOICE ...•.••• EXPENSED TO...
DATE
INVOICE
YRMO DPT ACCT# SUB
SUBC~S
VENDOR NAME
STATUS
6/12/15 3492
201506 600-53800-63000
OAKLEAF WATER SLIDE MOTOR
*
RUN
6/30/15
AMOUNT
PAGE
1
•••• CHECK •••••
AMOUNT
#
1,506.00
KAD ELECTRIC COMPANY INC
1,506.00 000015
TOTAL FOR BANK C
1,506.00
TOT.AL FOR REGISTER
1,506.00
. ,.
FOURTH ORDER OF BUSINESS
1Joub{e 'Branch
Community 1Jeve[oyment District
.Jlyyroved 13udget
:J'isca[Year 2016
Ju{y
13, 2015
'Dou6Ce 1Jrancfi
Community 1JeveCoyment 1Jistrict
'B'U'Df]ET
:Jisca[Year 2016
TABLE OF CONTENTS
General Fund ......................................................................Page 1-4
Recreation Fund ................................................................ Page 5-16
Debt Service Fund 2013 A-1 and A-2 ............................. Page 17-19
Assessment Allocation Report..............................................Page 20
Capital Reserve Fund ............................................................ Page 21
Exhibit A................................................................................ Page 22
'Dou6Ce 13rancli
fjeneraCJ"uruf
Community Vevewyment Vistrfct
fjene:ra{
LediJer Code
Vescription
.'Alii>ytea
'Bwi{Jet
.:Actua(
Y'l'D
Projectea
.:ActuaC
.:Ayyro-vea
'Bwi{Jet
:yy 2015
s/31/2015
:yy 2015
:yy 2016
'.Revenues
001.363.100
001.361.100
:Maintenance .'Assessments
Jn,teres.t Income
Carry :JorwaraSurpfus
$178,600
$0
$2,000
$173,741
$14
$155,483
$178,600
$28
$155,483
$178,600
$0
$0
'l'ota['.Revenues
$180,600
$329,238
$334,112
. $178,600
$12,000
$918
$10,000
$1,200
$2,500
$7,260
$40,000
$5,500
$15,500
$57,657
$1, 150
$250
$1,900
$3,400
$300
$7,467
$10, 150
$150
$350
$175
$0
$2,773
$7,600
$581
$989
$1,400
$1,250
$7,260
$19,337
$5,500
$8,014
$38,438
$767
$137
$905
$1,061
$0
$7,467
$3,933
$0
$193
$175
$0
$0
$11,600
$887
$989
$1,400
$1,250
$7,520
$32,987
$5,500
$8,014
$57,657
$1,150
$193
$1,383
$2,237
$300
$7,467
$7,301
$0
$303
$175
$0
$2,773
$12,000
$918
$5,000
$700
$1,250
$7,520
$42,000
$5,700
$8,014
$57,657
$1,150
$250
$1,900
$3,400
$300
$8,400
$8;000
$50
$350
$175
$1,500
$12,366
$180,600
$105 008
$14£,314
$178,600
$0
$224,230
$185,798
$0
'.Exyenditures
.JtcCministrative
001.513.110
001.513.210
001.513.311
001.513.312
001.513.313
001.513.314
001.513.315
001.513.322
001.513.323
001.513.340
001.51°3.351
001.513.410
001.513.420
001.513.425
001.513.426
001.513.450
001.513.480
001.513.490
001.513.510
001.513.540
Suyervisor :Jees
:JIC:A '.Exyense
'.Engineering
:Ar6itrage
'Dissemination
.:Assessment '.Ro((
.:Attorney
.J'tnnua[:Audit
'l'rustee :fees
.'.Management :fees
Comyuter '.Time
'l'efeylione
'Postage
'Printing & 'Binding
'RecordS Storage
Jmurance
LegaC.J'tavertising
Otlier Current Cliarges
Office Suyyfies
'.Dues, Licenses & Su6scrtptions
1Ve6site Comy[iance
'Reserve
Mministrative '.Exyenses
'.Excess '.Revenues ('.Exyenditures,
Page 1
'Doub{e 1Jrancfi
Community 'DeveCoyment 'District
'B'U1Jfi:ET
J'iscaC)jear 2016
REVENUES:
Maintenance Assessments
The District will levy a non ad-valorem special assessment on all assessable property within the
District to fund all of the General Operating Expenditures for the fiscal year.
Interest Income
The operating fund of the District will be invested in a money market fund held by US Bank.
Carry Foiward Surplus
Represents the estimated excess funds at the end of the prior fiscal year brought forward to the
current fiscal year to reduce assessments.
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 five supervisors attending the
estimated 12 annual meetings.
RCA Expense
These expenses represent the Employer's share of Social Security and Medicare taxes withheld
from the Board of Supervisors checks.
Enqineerina Fees
The District's engineering firm will be providing general engineering services to the District
including attendance and preparation for monthly-board meetings, review invoices, etc. England,
Thims & Miller ser.ves-as the District's engineering firm.
Arbitrage
The District is required -to have an annual arbitrage rebate calculation prepared for the District's
Series 2013 A-1 and A-2 Special Assessment Refunding Bonds. Currently, the District has
contracted with Grau and Associates.
Page 2
1Jou6Ce 13rancfi
'B'Ll'IXj'ET
:fisca{year 2016
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The
District has contracted with Prager & Co., LLC, the District's bond underwriter, to provide this
service.
Assessment Roll
Governmental Management Services, LLC serves as the District's collection agent and certifies the
District's non-ad valorem assessments with the county tax collector.
Attornev
The District's legal counsel will be providing general legal services to the District including
attendance and preparation for monthly meetings, review operating and maintenance contracts,
etc. Hopping Green & Sams serves as the District's legal counsel.
Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent
Certified Public Accounting Firm.
Grau and Associates currently serves as the District's
Independent Auditor.
Trustee Fees
The District Issued $24,850,000 of Series 2013 Al anEI $2,900,000 of Series 2013 A2 Special
Assessment Refunding Bonds that are held by a Trustee at US Bank, -N.A. The amount of the
trustee fees is based on the agreement between US Bank and the District.
Management Fees
The District receives management, accounting and administrative services as part of a
Management Agreement-with Governmental Management Services, LLC.
Computer Time
The District processes all of its financial activities, i.e., accounts payable, financial statements,
etc. on a main frame computer leased by Governmental Management Services, LLC.
Teleohone
Telephone and fax machine.
Postage_
Mailing of agenda packages, overnight deliveries, correspondence, etc.
Page 3
'Dou/3Ce 1Jrancfi
'B'UTHj'.ET
:Fisca{year 2016
Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks,
stationary, envelopes etc.
Records and Storage
All documents of the District will be copied and stored electronically with automatic back up to
ensure complete records. Back up of all records will be kept off-site for security and safety.
Insurance
The District's General Liability & Public Officials Liability Insurance policy is with the Florida
Property Alliance (FPA). FPA specializes in providing insurance coverage to governmental
agencies.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings
etc In the Florida Times Union.
Bank charges and any other miscellaneous expenses incurred during the year~
Office Supplies
Miscellaneous office supplies.
Dues. Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for
$175. This is the only expense under this category for the District.
Website Comoliance
Website information required under Florida Law to be posted online for all Special-Bistricts.
General Reserves
Established to maintain community service levels at present standards for FY 2016.
Page 4
'Dou6Ce 'Brancli
Ccnnmunity Vevewyment 'District
.JldiJytea
'.Bwfnet
fieneraf
I.edger Code
'.R£creation J'u,ruf
Vescrlption
:FY 2015
YlctudYT!J
yT.D
s/31/2015
7>rojectea
.1lctud
7>royosea
'.Bwfnet
:YY 2015
:FY 2016
.Jjpyrovea
'.Bwfnet
Cfia"fl•
:FY 2016
Revenues
002.363.100/101
Amenities Revenue/Miscellaneous
Soccer Revenue
$1,462,045
$165
$16,000
$10,000
$1,422,267
$110
$23,674
$0
$1,462,048
$165
$40,806
$5,000
$1,462,Q45
$165
$35,000
$10,000
$0
$0
$0
$0
$1,462,045
$165
$35,000
$10,000
Total Revenues
$1,488,210
$1,446,051
$1,508,019
$1,507,210
$0
$1,507 210
$89,120
$60,299
$3,324
$2,375
$300
$59,413
$59,799
$2,498
$296
$0
$89, 120
$59,799
$3,818
$742
$150
$89,120
$67,274
$3,818
$2,375
$300
$0
$0
$0
$0
$0
$89, 120
$67,274
$3,818
$2,375
$300
$155,418
$122,006
$153 629
$162,887
$0
$162 887
Security
Security - Clay County Off duty Sheriff
Water - Irrigation
Streetlighting
Electric
Lake Maintenance
Landscape Reserve
Contingency
Capital Reserve
M!scellaneous Maintenance
General Reserve
$50,920
$40,000
$6,200
$2,500
$33,066
$36,000
$315,774
$40,064
$28,116
$35,000
$6,000
$21,712
$2,500
$24,252
$33,886
$26,084
$6,400
$4,250
$20, 139
$25,974
$210,516
$21,333
$15,719
$35,000
$455
$21;712
$2,921
$24,252
$50,829
$40, 130
$8,462
$4,250
$30,265
$38,781
$315,774
$40,064
$23,291
$35,000
$455
$21,712
$2,1186
$24,252
$50,920
$40,130
$9,000
$4,250
$33,066
$42,000
$315,774
$43,564
$28,116
$35,000
$6,000
$21,7-12
$2,986
$26,314
Common Area Expenses
$642,104
$448,641
$6:16,251
$658,832
($500)
$658,332
$49,266
$104,515
$6,120
$7,824
$50,000
$4,536
$56,616
$65,000
$27,500
$5,617
$29,750
$32,503
$20;424
$4,028
$4,274
$27,700
$3, 129
$29,680
$39,467
$17,342
$3,175
$17,644
$48,B25
$104,515
$6,068
$4,491
$44,390
$4,715
$46,087
$58,530
$26,506
$4, 185
$29,750
$49,266
$104,515
$6,120
$4,500
$47,000
$4,752
$56,616
$65,000
$27,500
$5,617
$29,750
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$49,266
$104,515
$6, 120
$4,500
$47,000
$4;752
$56,616
$65,000
$27,500
$5,617
$29,750
002.361.100
Interest Income
002.369.100
002,369.1031
Expenditures
Adm;nistrative
002.513.3400
002.513.4500
Management Fees - On Site
002.513.4900
Permit Fees
Office Supplies
002.513.4930
002.513.5100
Insurance
Administrative Expenses
Maintenance
002.572.3450
002.572.3451
002.572.3500
002.57-2.3510
002.572.4290
002.572.4300
002,572.4620
002.572.4640
002.57.2.4680
002.572.4621
002.572.4910
002.572.6000
002.572.6320
002.572.6350
$0
.$0
$0
.$0
$0
$0$0
$0
$0
$0_
$0
.$0
$0
(590)
$50,920
$40, 130
$9,000
$4,250
$33,066
$42,000
$3J5,774
$43,564
$28,116
$35,000
$6,000
$21,712
$2,986
$25,814
~eoreation-Facilily
002.572.12.00
002.572.3460
002:572.3490
002.572.4100
002.572.4310
002.572.4320
002.572.4630
5720.437/435
002.572.4660
002.572.4661
002.572.4662
Aquatic & Athletic Manager I Staff
Pool Attendants
Refuse Services
Telephone
Electric
-eable
Pool Maintenance
Water I Sewer/Reclaim
Facility Maintenance-General
Facility Maintenance-Preventative Contracts
Page5
'DouECe 'Branch,
'.Recreat:Wn :Puna
Community Vevewyment District
JM:oyted:
'.Budj:/et
:FY 2015
fjerw:ra£
LerJ:ger Code
VesariptWn
002,572A663
002.572.4940
002.572.5100
002.572.6100
002.572.6200
002.572.6310
002.572.6330
002.572.6340
002.572.63601
Lighting Repairs
Special Events
Office Supplies & Equipment
Janitorial
Recreation Passes
Repairs & Replacements
Pool Pump Reserve
Pool Leak Repairs
Soccer Field
Recreation Facility Expenses
.llctuaCY'I'D
Y'I'D
Projected:
Propose([
.llctuaC
5/31/2015
:F!f 2015
'.Budj:/et
:FY 2016
Cliatlfle
.llyyroved:
'.Budf:let
:JV 2016
$8,500
$10,500
$4,000
$31,512
$7,565
$79,025
$9,500
$5,000
$21,250
$5,640
$2,008
$1,977
$20,540
$2,190
$30,827
$9,500
$0
$18, 121
$8,456
$10,500
$4,000
$31,049
$7,565
$49,643
$9,500
$0
$18,121
$8,500
$10,500
$4,000
$31,512
$7,565
$79,025
$9,500
$5,000
$21,250
$0
$0
$0
$0
$0
$0
$0
$0
$0
$8,500
$10,500
$4,000
$31,512
$7,565
$79,025
$9,500
$5,000
$21,250
$583,596
$290,168
$516,997
$577,488
$0
$577,488
$53,900
$950
$12,000
$3,828
$8,000
$7,500
$5,000
$2,664
$12,750
$500
$37,231
$673
$6,216
$2,727
$1,882
$2,812
$459
$1,462
$8,000
$1,525
$53,900
$1,010
$11,308
$4, 117
$4,454
$4, 155
$459
$2,433
$12,000
$1,525
$53,900
$1,020
$12,000
$4,169
$8,000
$7,500
$5,000
$2,664
$12,750
$1,000
$107,092
$62,988
$95,361
$108,003
$500
$108,503
$1,488,210
$923,803
$1,402,238
$1,507,210
$0
$1,507,210
~o
$522,249
$105,781
$0
Fitness Center
002.572.1210
002.572.4110
002.572.4311
002.572.4321
002.572.4710
002.572.4720
002.572.4730
002.572.5000
002.572.6110
002.572.6311
Staffing
Telephone
Electric
Cable
Facility Maintenance ~ General
Facl!lty Maintenance ~ Preventative
Facility Maintenance Contingency
Janitorial
Repairs & Replacements
w
Fitness Center Expenses
Total Expenses
Excess Revenues(Expenses)
Pages
$0
$0
$0
$0
$0
$0
$0
$0
$0
$500
$&
$53,900
$1,020
$12,000
$4,169
$8,000
$7,500
$5,000
$2,664
$12,750
$1,500
$0
'DouECe 1Jrancfi
Community TJe'VeCoyment TJistrict
'.B'U'D(]'.ET
:Fisca{}fear 2016
REVENUES:
The District will levy a non ad-valorem special assessment on all assessable property within the
District to fund all of the Recreational Operating Expenditures for the fiscal year.
Interest Income
The District will have all excess funds invested in a money market fund held by US Bank. The
amount is based upon the estimated average balance of funds available during the fiscal year.
Amenities Revenue
Income received from resident rental of Clubroom and Patio and access cards, fitness class,
vending machines, and non-resident user fee for the Recreation Facility.
Soccer Revenue
These are
es~imated
fees for programmed soccer activities.
EXPENDITURES:
Administrative:
Management Fees - On Site
The -District has contracted with Governmental Management Services, LLC ("GMS") for the
The responsibilities
supervision and on-site management of the District's Amenity Center.
include management of District maintenance contracts, scheduling Special Events, weekend
management services, rentals of the facilities, resident inquiries and other maintenance related
items. The District will share the cost of an onsite manager, operations manager, weekend
mqnager and rental coordinator with the Middle-Village Community Development District.
Postage
Mailings related to the Amenities Center, overnight deliveries, correspondence, etc.
Printing and Binding
PrJnting and Binding -agenda pac-kages for board meetings, printing of computerized checks,
stationary, envelopes, etc.
Insurance
The District's Property and Liability Insurance policy is with Florida Property Alliance (Fl'A). FPA
specializes in providing insurance coverage to governmental agencies.
Page 7
1Jou6Ce 'Branen
Community 'De'VeCoyment 'District
'B'U'D<;j:E'i
:fisca(]jear 2016
Includes bank charges and any other miscellaneous administrative expenses that are incurred
during the year with the use of deposit/credit card machine.
Permit Fees
Miscellaneous permit fees to operate the pool ana water slides as well as special events.
$ 250
Play Pool Permit
Lap Pool Permit
Spray Pool Permit
Contingency
$ 250
$ 125
$1,750
$2,375
Total
Office Suo0/ies
Miscellaneous office supplies.
Maintenance Common Area:
Security
ABM Security Services provides the District with Athletic Center and Common area security patrol.
Description
Security
Monthly
$
Annual
$ 50,920
4,243
Clav County off Duty Security
Provision of off-duty-security patrol by Clay County. Split 50/50 with Middle Village CDD.
Water-Irrigation
The District will purchase bulk water from JEA for irrigation purposes.
ount Number
IDescription
62945977 ---~ Pebblewood_LAApt 1
66042924
302 Oakleaf Village Parkway
~- 6°1929298
J
.J $
I$
3468 Worthingk;n Oaks Drive Apt 1 ;- $
L
62744114
13570SrlverBluffBoulevardApt1 •. $
I
60770057
!563 Acornridge Lane Apt 1
1 $
Contingency
! $
,___ _
__
lrotal
$
L___
__
__
_
1
Page 8
I Annual I
50 I $
. 602j
-·-i9 ! $
227 1
Monthly
j
29 $
576 $
32 i $
45 ! $
750 '$
l
3421
6,912 j
378 !
1
539
9,ooo l
'DouECe '.Brancli
'B'UVG'E'I'
:fiscaiyear 2016
The cost of miscellaneous irrigation and pump repairs and maintenance incurred by the district.
Street Lighting
The cost of street lighting provided by Clay Electric Cooperative, Inc:
Account NumberT
Description
7332265
IO,;kleaf Village Center Outdoor
]East Side of Brannanfield - ..·--·5379615
T Contingency
· -
1
If
$
2,756 ! $
j$
lrotal
Annual
2,894
$
27,488
$
Monthly
$
241
2,291
J$
224
2,6841
33,066
I
The cost of electricity for signage lighting, entry feature lighting (main entry, Athletic Center entry
and neighborhood entries) for the following accounts provided by Clay Electric Cooperative, Inc.:
IAccount Number IDescription _ _ _ _ _ _ _ _i,_M_o_n_th_IY,_.~i_A_n_n_u_a_l_1
1... 4995700
j370 Oakl~afV_ill_ag""e___
! $ 1,170 i $ 14,037 j
r 4995718 i370- 1 Oakl~;f Village Pkwy
I $ 910 I $ 10:914·;
i- 5347943 i 3926-1 Plantation Oaks Blvd
I$ 60 l $ 7211
---~j_~
l--=6::..87:..:5:..:1:..:4::..0_-1-13::_:7..:3_-1'-0=ak.::.le::..:a:..:f_:_V.:::ill.::.ag"'e'-.c:ce::.:n.:::te::.:r_ _ _ ..:$_
6912612 ,_, __1608-1 Oakleaf Village Pkwy
i $
l
6912620
304-1 Oakleaf_~ll,;ge Pkwy =~~---[$6912653
j603-2 Oakleaf Village Pkw_L_
I$
.1-J
I
~·,--
6912661
6912687
~912695
6912703
""6912729
-
l
602-1 Oakleaf Village Pkwy
537.. 1 Oakleaf Village Pkwy
529-1 Oakleaf Village Pkwy
3925-1 Plantation Oaks Blvd
j 3860-1 Plantation Oaks sivd
13805~1
i3800:1 Plantation Oaks Blvd
\.
- 6912760
6912778
13306-1 Village Oaks Lane
6912786
6912810
6912828
f465-1 Oakleaf Village Pkwy
--..J3801-:-121antauo_n o~Blvd
·-- !728-1 Bellshlre-Drive
t
w12836
lr21-1 Bellshlre Lane
,________L
Page 9
'
1$
18~
212 I
I:
181 $
81 i $
18-t$__ ....
220
967
210 i
I$
J $
Plantation Oaks s._l_vd____j,_·.c..$_
I
504]
4101
I $
~73,-'7---il'--3_85'-9'----1-'-P'--la.;.;n....cta..;tio-'-n-'-0-'--'-ak:..:s:..:B::_:lv;,;:;d
L~752
i$
!$
I$
42
34
,,_,. _ _J
-
30} $
438 j
417 j
362 i
35
J
$
I$
n;-
29
38
48
I$
>
$
I$
_1~ $
34
I$
,. f-z;;- $
l
I
I
350 !
--""4591
570 !
213
q;
1;- $
-·209
, $
20
238
Subtotal J $
2,73S
$
$
I
j
406 i
35H
32,832
j
i
'DouECe 1Jrancfi
Community 1Jeve{o_pment 1Jistrict
'B'U'D(j'.ET
:f'iscalYear 2016
Account Number
IL
r
r
6912869
6912877
6912893
6912901
6912919
I
I
Description
715-1 Wakemoumnt Drive
3219-1 Stonebrier Ridge Drive
576-1 Wakemount Drive
507-1 Miiistone Drive
j 498-1 Millstone Drive
•-n~.~
~~-hington
I
Monthly
,$
42J $
j$
$
$
$
26T$
17 $
17 _!_ $
11T $
Annual
I
I
I
I
l$
I
I
I
zos
3,soo
303 i
472
2361
405 I
I
I
243 I
2,730 !
21s
2,906
32,832
I$
42,000
·--
Total
316_1
209
20s
1~J ~--~·--~
l---6_9_12_9_2_7_ _13442-1
Oaks Drive
_Jj_ ____
6912943
309-1 Oakleaf Village Pkwy ___
$
·-~~
6912950
j373-2 Oakleaf Village Pkwy
-~ $
39 l $
6912968
j 308-1 Oakleaf Village Pkwy
20 $
- $
' 358-2 Oakleaf Village Pkwy
6912976
,$
341 $
7131527
3206-1 Silver Bluff Blvd
'$
20 $
'
----·--·~
228 $
31~8 Ston:_t>rier Ridge
1$
[ 7332257
571 Oakleaf Village Pkwy
18 I $
I 8684243
I$
Contingency
242 !l $
Subtotal I $
2,136 $
J
I
506 J
l
I
I
l
The District has a contract with Down to Earth to provide landscaping and irrigation maintenance
services to all the common areas within the District as well as the Amenity Center. The amount is
based upon the fellowing:
Description
Monthly
Annual
Contract - Common Area
$ 26,315
$ 315,774
Landscape Reserve
Represents additional mulch and storm replacement and clean up district may incur. Plant
replacements- outside of contract, new plantings, and projects that become necessary due to
changes in use, etc. and tree preservation and/or removal.
Represents the estimated day-to-day maintenance of the Districts common areas.
include:
Services
-Pressure washing of District fences, entrance- signage and pillars, pool areas,· gazebo's, amenity
center, field house, parks, park equipment and sidewalks. The estimated annual amount for
these services are based upon contractor proposals
Tlie estimated cost for the following is-based upon past history and current hourly rates:
-All common area, easements and park litter clean up
Page 10
'Dou6Ce 1Jrancfi
Community 1Jevefoyment 1Jistrict
'B'U'Dfi'.ET
]"isca[1fear 2016
-Lake and outfall inspections and debris removal
-Storm sewer grate inspections and cleaning
-Removal of unauthorized signage and maintenance of community signage
-Trapper for wild hogs
·
-Traffic/car accident clean up
-Inspection and repairs to all park equipment, playground, picnic table and benches
Lake Maintenance
The District has a contract with The Lake Doctors to provide monthly water management services
and annual carp as needed per the contract, to 25 lakes throughout the District. Contingency
represents monthly lake inspections and clean up of outfall structures and fish barriers. The
amount is based upon the following:
Description
Contract
Stocking of Carp
Contingency
Monthly
$
$
$
1,893
283
167
$ 2,343
Annual
$ 22,716
$ 3,400
$ 2,000
$ 28,116
Continqencv
A contingency for any unanticipated and unscheduled cost incurred to the District.
Capital Reserve
Money set aside for future replacements of capital-related items and operating capital.
Miscellaneous Maintenance
Provision for unsc~eduled repairs ans maintenance.
General Reserve
Provision for general.repairs and replacements to-be revised after detailed study is complied.
Recreation Facilitv:
Aquatic & Athletic Manager I Staff
The District currently receives Aquatic and Athletic Management services as part of a contract
with Amenity Aquatics Staffing Inc. Their services include providing an Amenity Center Director
and One Assistant who· issues access cards per contract and daily facility operations of the
Oakleaf Plantation Amenity Center.
Pool Attendants
Cost to provide lifeguard/pool attendant services from Amenity Aquatics Staffing, Inc during the
operational season of the swimming pool which is from Mid-March through October.
Page 11
'Dou6Ce 13rancli
Community 1Je'Ve{oyment 1Jistrict
'B'UD<g'ET
:fisca()jear 2016
Refuse Service
The District has contracted with Advanced Disposal for refuse removal service twice weekly.
Teleohone
The Amenity Center currently pays AT&T for three phone lines and one fax line. The amounts
are based upon the following:
Monthly
Description
AT&T
Rl.ngCentral
Contingency
Total
$
$
$
$
Annual
$
$
$
$
80
97
198
375
960
1,160
2,380
4,500
II
I
I
Cost of electric associated only with the Recreation facility provided by Clay Electric:
! Account Number
rI
5217088
---.
1
.
-~----,~-
I Description
Monthly
.f $
}370 Oakleaf Village Pkwy
Icontingency
---+j. -~o-ta-I~-~-,,
1
1j
Annual
3,663
$
43,953
~----;~$
_ _ _2_5_4"""'1-$--3-,0-4_7_,
$
3,916.67
i $
1
·
47,ooo I
Cableflnternet
Cost of cable/iRternet access for the Recreation Facility from Comcast.
Pool Maintenace
The District corrently has a contract with Poolsure to supply chemicals and chemical feeders for
the Amenity Center pools, The amount is as follows:
Description
Monthly
Contract
$
Fuel Surcharge
$
$
Total
1,437
85
1,522
Annual
17,244
1,020
$
18,2-04
$
$
The Dis,trict is contracted with Crystal Clean Psols for the cleaning, water testing, and treatment
of the Amenity Center pools. -AElditiooally, GMS staff handles the annual maintenance projects on
the pool and deck features. The amount is based upon the following:
Page 12
'1Jou6{e 13rancli
Community TJeveCoyment TJistrict
'.B'UVGTT
:Jisca(}jear 2016
Month I~
Description
Contract
Slide Maintenance/Waxing
Spray ground/Furniture Cleaning
Preseason Filter clean and Prep
Total
Total Pool Maintenance
Annual
$
$
$
$
$
2,146
$
25,752
3,196
$
$
$
$
$
4,718
$
56,616
375
550
125
4,500
6,600
1,500
38,352
Water /Sewer/Reclaim
Cost of water f sewer from JEA (acct# 7616920495) associated with the Recreation Facility and
Reclaimed Water from Clay County Utility Authority.
IAccount Number
J
I
Description
60603531 --·_J_370 Oakleaf Village
Pa~kW~y: Water
1370 Oakleaf Village Parkway-s;;er___=··
Total JEA
60603531
$
r$
1566-1 Oakleaf Village Parkway
201224
191992
J716-1 Wakeman! Dirve Reclaim
206121
j3178-1 Wandering Oaks Drive
206125
I1505-1 Canopy Oaks Drive R
$
$
$
$
r
-
2,360
3,151
a50
i
$
$
I$
2391 $
'
28.324
10,196
2,8671
$
265
$
30 $
36 I$
22 $
29 $
24_l $
600
$
2,266 ' $
1.106
359
22 '
[L
I
:===2=0=6_1-3=6===_,-t1_1_59_1_-1_·-·c_-a_
..n_o'-py,_o_ak_s_D_r1_ve_R_ _ _
1
1
206376
13701 -1 Th ousan d 0 as
k D nve
.
$
'
206379
--____
~,
206380
1940-1 Woodworth Drive Reclaim
206381
j3659-1 Thousand Oaks. Drive
207243
"603-1 Waterford Oaks Drive
238253
1422-1 Bitterberry Drive Reclaim
238254
1206-1 Be.drock Drive Reclaim
IContingency
)------
1--L_
3713-1 Thousand Oaks Drive
_I
..
I!
I$
T$
! $
_L' $
T$
I
92
!
t
!
T
I
37,806
I
I
I
4371
255
I'
J
350
286 J
7,197
I
I
Total Clay County Ut1hty-Authonty $
2'7,194
Total Water/Sewer/Reclaim .... :.••.;-!-$--5'"",4-1-7-+l-$--6-5"'",o-o_o_,
Represents estimated cost for general maintenance throughout the District based upon historical
cost.
Page 13
'lJouECe 'Brancli
Community 'Deve{oyment 'District
'B'll'D(;}TT
J'iscaiyear 2016
Facility Maintenance • Preventative
Cost of routine repairs and general maintenance contracts for District Facilities.
Purpose
Contractor
S.E. Fitness
Bi-Monthly Service
Paula's Pest Control
Quarterly Service
Certified Air Contractors
Bi-Monthly Service
Jacksonville Sound & Communication
Alarm System Inspection
Cintas
Sprinklers & Extinguishers
Termite Bond
Preventative
Annual Cost
1,160
620
1,290
744
1,073
730
5,617
$
$
$
$
$
$
$
Total
Facility
Maintenance - Contingencv:
Represents estimated amount based upon historical cost for fence repairs, graffiti clean up,
signage repairs, wall cap replacements and damaged park equipment
Special Events
Monthly events and organized functions the Amenity Center Director provides for all residents of
Oakleaf Plantation.
Office Suoofles and Equipment
Office supplies for the _Amenity Center.
annually.
Lease agreement with Cannon ($150/month) $1800
Janitorial Services
The District has contracted with Riverside Management to provide janitorial services, and
scheduled carpet cleanings to the District. Janitorial Services shall be provided seven days per
week and carpets will be cleaned 9xs a year unless otherwise needed. Supplies will be-purchased
directly from First Coast Choice Cleaning Supplies. The amountis based upon-the following:
Description
Contract
$
Supplies
$
$
Total
-Annual
Monthly
2,079
547
2,626
$
$
$
24,948
6,564
31,512
Recreation Passes
Entry cards are issued to all COD residents for facility access. Recreation passes includes the
cards, ribbon, cleaner, guest cards and repairs to card printers, etc.
Page 14
'Dou6{e
~rancli
'B'U1J<j13'1
:fisca{}Jear 2016
Pumo Reserve
For pump replacement as needed
Regular maintenance and replacement that includes, but is not limited to, pool pumps, filters, air
conditioning repairs facility lighting/electrical, or any replacement of District infrastructure. Major
items include Tennis and Basketball Court resurfacing $15,000 and park equipment replacement
$10,000.
Lighting Repairs
Cost for fixtures, bulbs and ballast replacement, and electrician labor based on past history.
Pool Leak Repairs
Estimated structural repairs for leaks in pool structure.
Fitness Center:
Staffing
Cost to provide attendant services from Amenity Aquatics Staffing, Inc for front desk of fitness
center.
Telephone
The Amenity Center currently pays AT&T for telephone service.
Estimated cost of electric associated only with the Fitness Center provided by Clay Electric:
AccoUnt-NumberTDescription
Monthly-
Annual
{
J
I--· 8763369
T382 O~·"kl-ea-fc-Vi--.11"'"1!!_9_e_P_kwy-+-c$---~-84-3-~+i,---$---1-0,-1-16-i
r--~----~.;--:-----"''---"-1-'------+-'------'-----~
I
$
157 $
1,884 I
J
The estimated cost of cable/internet access for the Fitness Center provided by Comcast
Facility-Maintenance - General
Represents estimated cost for general maintenance for Fitness Center
Page 15
'DouECe 'Brancfi
'Btl1)(j'ET
J'isca[}jear 2016
Facilitv Maintenance - Preventative
The estimated cost of routine repairs and general maintenance contracts for Fitness Center.
Faclfitv Maintenance - Continqencv
Represents estimated amount for other cost associated with Fitness Center.
Office Supplies and Equioment
Office supplies for the Fitness Center.
Janitorial Services
The District has contracted with Riverside Management to provide janitorial services, and
scheduled carpet cleanings to the District. Janitorial Services shall be provided seven days per
week and carpets will be cleaned 9xs a year unless otherwise needed. Supplies will be purchased
directly from First Coast Choice Cleaning Supplies.
Equipment Purchases
Estimated cost for the purchase of fitness equipment
Page 16
1Jou/J{e 'Branch
Ve6t Servke :fumf
Community VevetOpment Vistri,ct
Series 2013.'A.-1 anc{.'A.-2
1Jescripticm.
.J\d:oytea
1ludiJet
.Jlctual yrv
Projectec[
y'.tv
.Jlctua{
.Jtyyrovea
1!udiJet
yy 2015
5/31/2015
yy 2015
:FY 2016
1?.evenues
Carry :fonvard Sury{us
Syecia[ .'Assessments
Interest Incom,e
Preyaym.ents
$574,384
$607,062
$607,062
$510,643
$1,976,759
$1,918,907
$1,972,578
$1,967,681
$100
$90
$115
$115
$0
$20,340
$20,340
$0
$2,551,243
$2,546,399
$2,600,096
$2,478,438
Series 2013.Jl-1
Interest 11/1
Interest 5/1
$433,754
$433,754
$433,754
$426,317
$433,754
$433,754
$433,754
$426,317
'Princtpa( 5/1
$875,000
$875,000
$875,000
$890,000
$77,050
$77,050
$75,000
$77,050
$75,000
$71,444
$45,000
$77,050
$74,894
$74,894
$71,444
$75,000
$75,000
$75,000
$75,000
$0
$45,000
$45,000
$0
$2,016,609
$2,089,453
$2,089,453
$1,990,521
$534,634
$456,947
$510,643
$487,9fi'
Total 1?.evenues
'Expemfitures
Series 2012.Jl-2
Interest 11/1
Preyayment Ca{[ Vue
11/1
Interest 5/1
Princiya{5/1
Preyayment Ca([ 'Due 5/1
Tota( 'Exyenses
1XC£SS '.R:E\r'£JV'U'£S I ('£XP'£:N'DITU:l<:ES)
Interest November 1, 2016
Unit Type
Units
Single Family
- Multi-Family
Total Gross Assessment
Less: Discounts and Collections {6%)
Total Net Assessment
Page 17
Series 201-3A-1
Serles 2013A-2
Tota!
$30,000
$
$
$
2,186
$
Pe;- Unit
Assessment
878
289
$
605
$
$
$
$
417,973.13
69,287.50
487,260.63
-Gross
Assessment
1,919,308
1748452,094, 153
126 472
1,967,681
'Dou6Ce 'Branch
:Amortization SclieauCe
Community 'DeveCoyment 'Dfstrict
PERIOD
ENDING
11/1/15
5/1/16
11/1/16
5/1117
11/1/17
5/1/18
11/1/18
5/1/19
11/1/19
5/1/20
11/1/20
5/1/21
11/1/21
5/1/22
11/1/22
5/1/23
11/1/23
5/1/24
11/1124
5/1/25
11/1/25
5/1/26
11/1/26
5/1/27
11/1/27
5/1128
11/4/28
5/1/29
11/1/29
5/1/30
11/1/30
5/1/31
11/1/31
5/1/32
11 /1/32
5/1/33
11/1/33
5/1/34
11/1/34
TOTAL
l
PRINCIPAL
l
COUPON
890,000
1.88%
910,000
2.13%
930,000
2.40%
955,000
2.70%
980,000
3.00%
1,015,000
3.20%
1,045,000
3.40%
1,085,000
3.63%
1, 125,000
3.75%
1, 170,000
4.00%
1,220,000
4.13%
1,270,000
4.13%
1,320,000
4.13%
1,380,000
4.13%
1,435,000
4.t3%
1,495,000
4.13%
1,560,000
4.25%
1,630,000
4.25%
1,700,000
4.25%
l
Series 2013.'A.-1 !irecia(.:Assessment 1Wfu:rufine '.BomiS
I
l
DEBT SERVICE
INTEREST
426,316.88
426,316.8_8
426,316.88
1,316,316.88
417,973.13
417,973.13
417,973.13
1,327,973. 13
408,304.38
408,304.38
408,304.38
1,338,304.38
397, 144.38
397,144.38
397,144.38
1,352, 144.38
384,251.88
384,251.88
384,251.88
1,364,251.88
369,551.88
369,551.88
1,384,551.88
369,551.88
353,311.88
353,311.88
353,311.88
1,398,311.88
335,546.88
335,546.88
335,546.88
1,420,546.88
315,881.25
315,881.25
315,881.25
1,440,881.25
294,787.50
294,787.50
294,787.50
1,464, 787.50
271,387.50
271,387.50
271,387.50
1,491,387.50
246,225.00
246,225.00
246,225.00
1,516,225.00
220,031.25
220,031.25
220,031.25.
1,540,031.25
192,806.25
192,806.25
192,806.25
1,572_,806.25
164,343.75
164,343.75
164,343.75
1,599,343.75
"134,746.88
134,-7"6.88
134,746.88
1,629,746.88
103,912.50
103,912.50
103,912.50
1,663,912.50
70,762:50
70,762.50
70,762.50
1,700,762.50
36, 125:00
36,125.00
36,125.00
1,736,125:00
I
ANNUAL DEBT
SERVICE
1,735,071.26
BOND
BALANCE
23,115,000
22,225,000
1,734,290.01
22,225,000
21,315,000
1,736,277.51
21,315,000
20,385,000
1,735,448.76 20,385,000
19,430,000
1,736,396.26 19,430,000
18,450,000
1,733,803.76 18,450,000
17,435,000
1,737,863.76 17,435,000
16,390,000
1,733,858.76 16,390,000
15,305,000
1,736,428. 13 15,305,000
14,180,000
1,735,668.75 14,180,000
13,010,000
1,736,175.00 13,010,000
11,790,000
1,737,612.50 11,790,000
10,520,000
1,736,256.25 10,520,000
9,200,000
1,732,837.50
9,200,000
1,820,000
1,737, 150.007,820,000
6,385,000
1, 734,090.63
6,385,000
4,690,000
4,690,000
1, 733,659.38
3,330,000
1,734,675.00
3,330,000
1,700,000
1, 736,887.50
1,700,000
1, 736, 125.00
.$ 23, 115,000.00
$ 10,286,821.34
Page 18
'Dou6Ce 'Brancfi
.'A.mortizatWn Scliecfute
PERIOD
ENDING
11/1/15
5/1/16
11/1/16
5/1/17
11/1/17
5/1/18
11/1/18
5/1/19
11/1/19
5/1/20
11/1/20
5/1/21
11/1/21
5/1/22
11/1/22
5/1/23
11/1/23
5/1/24
11/1/24
5/1/25
11/1/25
5/1/26
11/1/26
5/1/27
11/1/27
5/1/28
11/1/28
5/1/29
11/1/29
5/1/30
11/1/30
5/1/31
11/1/31
5/1/32
11/1/32
5/1/33
11/1/33
5/1/34
11/1/34
TOTAL
l
PRINCIPAL
l
75,000
80,000
85,000
90,000
95,000
100,000
105,000
110,000
115,000
125,000
130,000
140,000
150,000
1§5,000
165,000
175,000
185,000
195,000
210,000
COUPON
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
5.75%
Series 2013.!'l-2 Syecia[.1lssessment Refwruff,ng 1Jmufs
l
INTEREST
l
71,443.75
71,443.75
69,287.50
69,287.50
66,987.50
66,987.50
64,543.75
64,543.75
61,956.25
61,956.25
59,225.00
59,225.00
56,350.00
56,350.00
53,331.25
53,331.25
50,168.75
50,168.75
46,862.50
46,862.50
43,268.75
43,268.75
39,531.25
39,531.25
35,506.25
35,506.20
31,193.7!;
31,193.75
26,737.50
26,737.50
21,993.75
21,993.75
16,962.50
16,962.50
11,643.75
11,643.75
6,037.50
6,037.50
l
DEBT SERVICE
71,443.75
146,443.75
69,287.50
149,287.50
66,987.50
151,987.50
64,543.75
154,543.75
61,956.25
156,956.25
59,225.00
159,225.00
56,350.00
161,350.00
53,331.25
163,331.25
50,168.75
165,168.75
46,862.50
171,862.50.
43,268.75
173,268.75
39,531.25
179,531.25
35,506.25
185,506.25
31, 193.75
186,193.75
26,737.50
191,737.50
21,993.75
196,993.75
16,962.50
201,962.50
11,643.75
206,643.75
6,037.50
216,037.50
l
ANNUAL DEBT
SERVICE
BOND BALANCE
71,443.75
215,731.25
216,275.00
216,531.25
216,500.00
216,181.25
215,575.00
214,681.25
213,500.00
212,031.25
215,131.25
212,800.00
215,037.50
-216,700.00
212,931.25
213,73~.25
213,956.25
213,606.25
212,681.25
216,037.50
$ 2,485,000.00
$
1,666,062.50 $ 4,151,062.50
Page 19
$ 4,151,062.50
2,485,000
2,410,000
2,410,000
2,330,000
2,330,000
2,245,000
2,245,000
2,155,000
2,155,000
2,060,000
2,060,000
1,960,000
1,960,000
1,855,000
1,855,000
1,745,000
1,745,000
1,630,000
1,630,000
1,505,000
1,505,000
1,375,000
1,375,000
1,235,000
1,235,000
1,085,000
1,085,000
930,000
930,000
785,QOO
765,000
590,000
590,000
405,000
405,000
210,000
210,000
0
0
Vou6k '.Brandi CVV
Percentane ..rufucation of O&!M .9\ssessments
Active
Mulli-Famll
VIiiage Center
Retail
VIiiage Center
Single Famll
Office
Adult
General Fund
89.85%
8.30%
0.61%
1.24%
0.00%
100.00%
Facility Administration
89.85%
8.30%
0.61%
1.24%
0.00%
100,00%
Common Area
89.85%
8.30%
0,61%
1.24%
0.00%
100.00%
Recreation Facilities
91.70%
8.30%
0.00%
0.00%
0.00%
100.00%
Exercise Facilty
91.70%
8.30%
0.00%
0.00%
0.00%
100.00%
Tota!
Total
Expenses
$178,600
$162,887
$658,332
$577,488
$108,503
$1 685 810
Description
General Fund
Fac!l!ty Administration
Common Area
Recreation Facilfties
Exercise Facility
Total
Village Center
Single Family
Multi-Famil
Retail
Village Center
Office
Actlve
Total
Adult
General Fund
$160,472.10
$14,823.80
$1,089.46
$2,214.64
$0.00
$178,600
Faci!lty Adm!nlstralion
$146,353.97
$13,519.62
$993.61
$2,019.80
$0.00
$162,887
Common Area
$591,511.30
$54,641.56
$4,015.83
$8, 163.32
$0.00
$658,332
Recreation FaclD!les
$529,556.58
$47,931.51
$0.00
$0.00
$0.00
$577,488
Exercise Facllly
$99,497.07
$9,005.73
$0.00
$0.00
$0.00
$108,503
Total Expenses
$1 527 391
$139 922
$6,099
$12 398
$0
$1685810
-26 471
-545
403
-947
0
-28,365
Net Assessments After Allocation
Discounts and Collections (6%)
Gross Assessment
$1,500,920
$94 828
$1,596,723
$139,377
$8 806
$148 274
$5,696
$360
$6,059
$11,451
$723
$12,182
$0
$0
$0
$1,657,444
$104717
$1 763,238
#of Units
2,197
289
8,000
35,000
Per Unit Assessment FY 2016
§;718.75
i515.33
$0.73
l0.33
Per Unit Asse5ment FY 2015
$718.75
$515.33
$0.73
$0.33
0.00%
0%
Allocation - Other Revenues
Percentage lncrease(Decrease)
Page 20
1Jou6Ce 1Jrancli
CayitaC1Wserve :Purui
Community 1Jevewyment 'District
Description
.J1.d'oytecC
'BudiJet
J'Y 2015
.'ActuaC
Y'I'D
5/31/2015
ProjectecC
.:A.ctuaC
9/30/2014
.:A.yyrovecC
'BudiJet
J'Y 2016
REVENUES:
Interest Income
Transfer In - Lancfscaye '.Reserve
Transfer In - Cayita( '.Reser11e
Transfer In - Too( 'Fumy '.Reser11e
Transfer In - <;Jenera[ '.Reser11e
Carry ]'orwaraSuryfus (1)
$20
$35,000
$21,712
$9,500
$0
$205,391
$13
$35,000
$21,712
$9,500
$24,252
$243,269
$23
$35,000
$21,712
$9,500
$24,252
$243,269
$20
$35,000
$21,712
$9,500
$26,314
$149,695
TOT.:A.L 'R:EY'EJV'U'ES
$271,623
$333,746
$333,756
$242,241
$0
$0
$0
$5,000
$0
$0
$0
$183,061
$0
$0
$0
$1,000
$183,061
$0
$0
$0
$0
$0
$0
$0
$5,000
$183,061
$184,061
$0
$266,623
$150,685
$149,695
$242;241
'EXP'E:f\f.DITU'.R:ES:
Otfier Current Cfiarges
Lancfscaye '.Reserve
Cayita( Projects
Too( Pumy '.Reserve
(jenera( '.Reserve
TOT:AL 'EXP'E:f\f.DIT'll'R!ES
'EXC'ESS 'R:EY'EJV'U'ES ('EXP'E:f\f.DI'I'l11J.'ES)
(1) Prior year &ali:l:nce transferrecC into CayitaC:Reserve :fund:
Page 21
1Jou6(e 'Branen
Community 1JeveCoyment District
'ExfiiEit ".'A."
Allocation of Operating Reserves
Estimated Funds Available
$
$
$
$
155,483
30,315
702,939
105,781
$
994,518
General Fund Operating Reserve - First Quarter Operating Capital
Recreation Fund Operating Reserve - First Quarter Operating Capital
Total Reserve
·
$
$
$
45,419
428 353
473,772
Total Working Capital Surplus
$
520,746
$
$
$
$
$
994,518
12,366
25,814
1,032,698
(473,772)
558,926
Beginning
Estimated
Beginning
Estimated
General Fund Balance - Fiscal Year 2015
Excess General Revenues - Fiscal Year 2015
Recreation Fund Balance - Fiscal Year 2015
Excess Recreation Revenues - Fiscal Year 2015
Total Estimated Funds Available· 9/30/2015
Allocation of Funds Available
Funds Availabe for FY 2016
Based on Budget
Total Funds Available - 9/30/15
General Reserve - FY 2016 - General Fund
General Reserve - FY 2016 - Rec Fund
Total Estimated Funds Available - 9/30/2016
Estimated First Quarter Operating_ Capital
Working Capital Surplus
~
Other Reserves
Landscape Reserve est. aU0/1/2015
Capital Projects Reserve· at 10/1/2015
Pool Pump Reserve at 10/1/2015
General Reserve at 10/1/2015
Total Reserve
Page 22
$
$
$
$
$
123,617
(77,268)
41,611
62,129
150,088
SIXTH ORDER OF BUSINESS
A.
July 6, 2015
c/o Governmental Management Services, LLC
475 W. Town Place, Suite 114
St. Augustine, FL 32092
Re:
Hopping Green & Sams 2015 Rates
Dear Board Members:
It has been our pleasure to serve as District Counsel to the Double Branch
Community Development District ("District"). This letter sets forth our proposal- for an
adjustment in the legal fees charged to the District. As you are aware, our fee agreement
with the District provides for an annual review of our billing rates, and an increase after
notice to you. We have not adjusted our rates for this District since 2010. With respect to
fees for our services, my hourly rate is proposed to adjust from $215 to $235. This represents
an annual increase of approximately 1.8%. We are not proposing an adjustment to the
monthly meeting fee. Others who may work on District matters will be billed at their
standard rates. This adjustment would be effective for bills rendered after the July 13, 2015
meeting.
As we have in the past, we will endeavor to keep our fees as low as possible to you,
while maintaining our professional and ethical obligations to provide service. We do not
expect these rates to negatively affect the District's budget.
We welcome the opportunity to discuss this proposal with you further. If you have
any questions, please feel free to call.
Very truly yours,
Accepted:
H~~GREEN-~ SAMS: P.A.
Cindy Nelsen
Chair, Board of Supervisors
/r-
-
//
~----/"'
"'"""-~z.--
~on M. Walters
·
For the Firm
r·
B.
www.etminc.com
tel 904-642-8990 • tax 904-646-9485
14 775 Old St. Augustine Road • Jacksonville, Florida 32258
June 26, 2015
Mr. James Perry
Double Brauch Community Development District
c/o GMS,LLC
475 West Town Place, Suite 114
St. Augustine, Florida 32092
Re: Consulting Engineer's Report, Section 9.21 of the Master Trust Indenture
Double Branch Village Community Development District
Fiscal Year 2015
ETM Pro,j Nnm: 01-149
Dear Mr. Perry:
In accordance with Section 9.21 of the Master Trust Indenture for the 2002A aud 2005A
Bonds, we have completed our annual- review of the portions of the project within the
Double Branch Community Development District constructed to date. We find these
portions have been maintained in good repair.
We have reviewed the Operations aud Maintenance budget for fiscal year 2015 aud believe
it is sufficient for proper maintenance of the Double Branch Community Development
District.
In addition, in accordance with Section 9.14 of the Master Trust Indenture, we recommenct
that the District Manager aud Insurance Provider review the insurance coverage for the
CDD improvements aud CDD property, which may include ·but not limited to:
r--
1. Amenity Center, Fitness Center and
Pools
4. Neighborhood Parks and Structures
2. Entry Monuments
5. Stormwater Ponds
0
6. Entry Fountains
-' · Mail Kiosk
·-----·---~-·-·--·-
·--
Mr. James Perry
c/o GMS, LLC.
Re:
July I, 2014
Consulting Engineer's Report, Section 9.21 of the Master Trust Indenture Double Branch
Fiscal Year 2014
We are not qualified to provide specific insurance coverage recommendations and
recommend that the insurance coverage amounts be reviewed by the District Manager
annually to confirm that the coverages and current replacement costs are appropriate.
If you have any questions, please contact our office.
Very truly yours,
ENGLAND-T
K.T. Peter Ma, P.E.
Vice President/Principal
District Engineer
f:\afi\O 1-I 49\admin\corr\2015 consulting eng report.docx
c.
NOTICE OF MEETINGS
DOUBLE BRANCH
COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors of the Double Branch Community
Development District will hold their regularly scheduled public meetings for
Fiscal Year 2016 at 4:00 p.m. at the Plantation Oaks Amenity Center, 845 Oakleaf
Plantation Parkway, Orange Park, Florida 32065 on the second Monday of each
month as follows, except where indicated:
October 12, 2015
November 9, 2015
December 14, 2015
January 11, 2016
February 8, 2016 @ 6:00 p.m.
March 14, 2016
April 11, 2016
May9, 2016
June 13, 2016
July 11, 2016
August 8, 2016@ 6:00 p.m.
September 12, 2016
D.
Double Branch Community Development District (COD)
370 Oakleaf Village Parkway, Orange Park, FL 32065
904-406-2200 x7; [email protected]
Memorandum
Date:
July 2015
To:
From:
GMS- Oakleaf Operations Manager
Community:
Aquatics
•
July 4th pool party
•
Review of swim season
AMENITY USAGE
•
•
Total Facilities Usage - 13535
Average daily usage -451
DB Owners
45
DB Renters
105
DB Replacements
19
DB Updated
55
Total cards printed: 465 (both districts)
Rentals
•
•
•
-rentals - 19 of 30 days rented in June, all weekends had rentals
24 clubroom rentals, 12patia rentals
22 tours (approx. 8 hows)/ 78 staff hours used for scheduling, administrative, etc..
Double Branch Community Development District (COD)
370 Oakleaf Village Parkway, Orange Park, FL 32065
904-406-2200 xl; [email protected]
Memorandum
Operations:
Open Item
•
Repairs for entry/waterfall
MAINTENANCE
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Inspection repair/replacement coordination of Pump, motors, and drives on waterfall features
Pressure wash and prep bridges at Amenity center for painting
Painted railings on Amenity Center bridges
Painted non-slip grip on Amenity Center bridges
Paver repair (leveling) at pool deck
Multiple swing set chain hangars replaced
HVAC preventative maintenance completed at fitness Center
HVAC preventative maintenance completed at Clubhouse
Painted non-slip grip on pool bathroom entry walkway
Replacement of multiple umbrellas at Amenity center
Repair of Fitness Center AC {drier check valve, and refrigerant replacement)
Repair of fencing damaged due to storm/tree damage at Cannons Point
Repaired network connections on access system - severed due to virus activity
Adjusted water flow on multiple inlet lines - affected due to new water pressure after meter installation
Touch up painting complete.don multiple playground gazebo uprights {black uprights)
Install of split rail fencing at Oakleaf Village Pkwy - entry pond
Repair pavers at-rear of slide tower
Cleared gutters at Fitness Center
Lake inspections, all lakes inspected twice monthly- reports kept on file in Ops. Manager office .
Continual Park inspections and cleaning - twice monthly- reports kept on file in Ops. Manager office .
Light Inspections completed - Worthington Oaks, Hearthstone, Highland Mill, Piedmont, Stonebrier, Waverly,
Litchfield, and Timberfie/d completed 6/5 and fi/16. Nature's Hammock, Fall Creek, The Oaks, Cannon's Point,
Pebble Creek, Sjfver Leaf, Oakbrook, ond The Cottages completed 6/10 and 6/29.
Landscaping
•
•
Repaired large backflow at silverbluff
Flower rotations completed
•
Aeration completed on 2f3rds of multi-use field
For questions, comments, or clarification, please contact:
•
Jay Soriano, Oak/-eafOperations Manager
904-342-1441
fl_oriano@qmsnfcorn.
OAKIIAF - EAST
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Agenda Packet July 2015 Meeting

Transcription

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