Agenda Packet July 2015 Meeting
Transcription
Agenda Packet July 2015 Meeting
DOUBLE BRANCH Community Development District JULY 13, 2015 AGENDA Double Branch Community Development District 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 Other Current Charges 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 Office Supplies and Equipment 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 EXCESS REVENUES (EXPENDITURES) ($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: Other Current Charges Landscape Reserve Capital Projects (1) Pool Pump Reserve General Reserve TOTAL EXPENDITURES EXCESS REVENUES (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 EXCESS REVENUES (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 EXCESS REVENUES (EXPENDITURES) 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 Other Current Charges Office Supplies Dues, Licenses, Subscriptions Reserve Total Administrative 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 Other Current Charges Permit Fees Office Supplies Total Administrative I $352 $347 so I MAIN1ENANCE Common Area Secur"1ty Secuirity - Clay County Off Duty Sheriff Water - Irrigation $0 Irrigation Maintenance Street!ighting $2,494 $3,216 $26,315 $3,288 $1,893 Electric Landscape Maintenance 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 - General Facility Maintenance - Preventati\/e Contracts Facility Maintenance - Contingency Lighting Repairs Special Events Office Supplies and Equipment Janitorial Recreation Passes Repairs & Replacement 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: May 1, 2014 (Mandatory) Less: November 1, 2014 (Prepayment) Less: May 1, 2015 (Mandatory) 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 DBBR DOUBLE BRANCH BPEREG AP300R *** YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER 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 GOVERNMENTAL MANAGEMENT SERVICES * 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 GOVERNMENTAL MANAGEMENT SERVICES 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 DBBR DOUBLE BRANCH BPEREG 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# *** ..... INVOICE . . . . . . . . EXPENSED TO... 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 * GOVERNMENTAL MANAGEMENT SERVICES 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 5/29-6/4 SECURITY REIMB 201506 320-57200-61000 JUN JANITORIAL SERVICES 179.17 6/01/15 111 201506 330-57200-61100 JUN FITNESS JANITORIAL RIVERSIDE MANAGEMENT SERVICES, INC DBBR DOUBLE BRANCH BPEREG 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 - - - * GOVERNMENTAL MANAGEMENT SERVICES 6/11/15 00384 6/30/15 AMOUNT STATUS GOVERNMENTAL MANAGEMENT SERVICES 6/11/15 00092 RUN DOUBLE BRANCH - REC FUND BANK B RECREATION FUND * - - - - - - - - - - - - - - 1,000.00 1,000.00 004061 AP300R YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER *** CHECK DATES 06/01/2015 - 06/30/2015 *** DOUBLE BRANCH - REC FUND . BANK B RECREATION FUND 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 AMENITY AQUATICS STAFFING * * 5/31/15 6127 201505 330-57200-12100 MAY GYM STAFFING AMENITY AQUATICS 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 3701-1 THOUSAND OAKS DR 6/08/15 06082015 201506 320-57200-43500 3659-1 THOUSAND OAKS DR 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 DBBR DOUBLE BRANCH BPEREG 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 *** YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER 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 6/05-6/11 SECURITY REIMB * 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 DBBR DOUBLE BRANCH BPEREG * * •••• 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 BANK B RECREATION FUND 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 DOUBLE BRANCH - REC FUND - - - - - 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 YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER *** CHECK DATES 06/01/2015 - 06/30/2015 *** DOUBLE BRANCH - REC FUND BANK B RECREATION FUND CHECK DATE VEND# ..... INVOICE . . . . . . . . EXPENSED TO... 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 6/12-6/18 SECURITY REIMB 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 DBBR DOUBLE BRANCH BPEREG AP300R YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER *** 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 DBBR DOUBLE BRANCH BPEREG . ,. 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 Community 'DeveCoyment 'District '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 Community 1JeveCoyment 1Jistrict '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. Other Current Charges 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 Irrigation Maintenance Streetlighting Electric Landscape Maintenance Common Area Maintenance 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 Maintenance Assessments 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 Other Current Charges 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 Facility Maintenance - Contingency 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 Office Supplies and Equipment 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: Maintenance Assessments 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 Other Current Charges 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 Community 'DeveCoyment 'District 'B'UVG'E'I' :fiscaiyear 2016 Irrigation Maintenance 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 Landscape Maintenance 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. Common Area Maintenance 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_, Facility Maintenance - General 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 Community 1JeveCoyment 1Jistrict 'B'U1J<j13'1 :fisca{}Jear 2016 Pumo Reserve For pump replacement as needed Repairs & Replacement 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 Community 'DeveCoyment 'District '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 Community 'DeveCoyment 'District 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 Board of Supervisors Double Branch Community Development District 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 Double Branch Community Development District c/o GMS, LLC. Re: July I, 2014 Consulting Engineer's Report, Section 9.21 of the Master Trust Indenture Double Branch Community Development District 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: Board of Supervisors 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 Ntf.'lmt OAl:S ~ OAKLEAF O~ ,,. lOlS MJNIMUM SIZE llCRfu".SE 94. '° In w "'' PLANTATION l1l > ~ z 0 ::c j g 0 ' - - - - - - - - - - - - - - - - - - - - - - - - - EJ>gl<m<l·ThiM)li<Mnlo:r,I"':.