ARBORWOOD COMMUNITY DEVELOPMENT
DISTRICT

LEE COUNTY REGULAR BOARD MEETING
SEPTEMBER 17, 2018
9:00 A.M.

Special District Services, Inc.
27499 Riverview Center Boulevard, #253 Bonita Springs, FL 33134

www.arborwoodcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Amenity Center Community Room Somerset at the Plantation
10401 Dartington Drive Fort Myers, Florida, 33913
REGULAR BOARD MEETING
September 17, 2018
9:00 a.m.

A.   Call to Order
B.	Proof of Publication……………………………………………………………………………………..Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1. August 20, 2018 Regular Board Meeting & Public Hearing Minutes...............................................Page 2
Old Business
1. Direction on Street Lighting Project..................................................................................................Page 8
2. Update on Sign Maintenance
New Business
Consider Resolution No. 2018-09 – Adopting a Revised Statewide Mutual Aid Agreement...........Page 11
Consider Approval of Professional Services Agreement Regarding Arborwood Preserve Project...Page 13
Consider Approval of Amendment to Fountain Agreement with Hampton Golf
to Address Bonding Requirements.....................................................................................................Page 20
Discussion Regarding Lake Maintenance Easement
Administrative Matters
Manager’s Report
a.   Financials.................................................................................................................................Page 21
Engineer Report
Field Inspectors Report
Board Members Comments
Adjourn

Page 1

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

CALL TO ORDER

The August 20, 2018, Regular Board Meeting of the Arborwood Community Development District was called to order at 9:00 a.m. in the Amenity Center Community Room at Somerset at the Plantation located at 10401 Dartington Drive, Fort Myers, Florida 33913.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Fort Myers News-Press on July 31, 2018, and August 7, 2018, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting:

Chairman	Terry Hammond (via phone)	Present	
Vice Chairman	John Hamilton (via phone)	Present	
Supervisor	Lawrence Carr	Present	
Supervisor	Joan Pattison	Present	
Supervisor	Gary Franz	Present	

Staff members in attendance were:

District Manager	Kathleen Dailey	Special District Services, Inc.	
General Counsel	Wes Haber (via phone)	Hopping Green & Sams, P.A.	
District Engineer	Josh Evans	JR Evans Engineering	
Field Inspector	Bohdan Hirniak		

Others present were: Michael McElligott (via phone) of Special District Services, Inc.; Mike Myers of Passarella & Associates; David Caldwell of WCI Communities; and the following District residents: Jeff Gordish, Chris Anderson, Jack Aycock, Steve Tiscione, Brian Boyle and Dale Kraemer.

ADDITIONS OR DELETIONS TO THE AGENDA

Ms. Dailey asked that a Chair be chosen for the meeting since the designated Chair and Vice Chair were attending by phone. There was a consensus of the Board to appoint Joan Pattison as the Chair for the meeting.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

APPROVAL OF MINUTES
July 16, 2018, Regular Board Meeting

The July 16, 2018, Regular Board Meeting minutes were presented for approval.

Mr. Carr noted under F1, paragraph 5, one “that” should be removed and “work” should be “word.” Mr. Franz noted under G3, the word “in” should be inserted before “circulation.”
A motion was made by Mr. Carr, seconded by Mr. Franz and passed unanimously approving the July 16, 2018, Regular Board Meeting minutes, as amended.

The Regular Board Meeting was then recessed and the Public Hearing on the Fiscal Year 2018/2019 Final Budget was called to order.

PUBLIC HEARING
Proof of Publication

Proof of publication was presented that notice of the Public Hearing had been published in the
Fort Myers News-Press on July 31, 2018, and August 7, 2018, as legally required.

Receive Public Comment on Fiscal Year 2018/2019 Final Budget

Mr. McElligott went over the budget and stated that no letters were necessary for assessment increases except for Parcel C.  There was no public comment.

Consider Resolution No. 2018-06 – Adopting a Fiscal Year 2018/2019 Final Budget

Resolution No. 2018-06 was presented, entitled:

RESOLUTION 2018-06

THE ANNUAL APPROPRIATION RESOLUTION OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Carr, seconded by Mr. Franz and passed unanimously to adopt Resolution No. 2018-06, as presented.

The Public Hearing on the Fiscal Year 2018/2019 Final Budget was closed and the Public Hearing on the Annual Assessment Roll was called to order.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

Receive Public Comment on Fiscal Year 2018/2019 Annual Assessment Roll

Mr. Haber advised that assessments had not increased except for the landowners in Parcel C who were mailed letters.  There was no public comment.

Consider Resolution No. 2018-07 – Adopting a Fiscal Year 2018/2019 Annual Assessment Roll

Resolution No. 2018-07 was presented, entitled:

RESOLUTION 2018-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2018/2019; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Franz, seconded by Mr. Carr and passed unanimously to adopt Resolution No. 2018-07, as presented.

The Public Hearing on the Fiscal Year 2018/2019 Annual Assessment Roll was closed and the Regular Board Meeting was reconvened.

OLD BUSINESS
Update on Sign Maintenance

Mr. Haber went over the background on the signs and the fact that the CDD had no interest in the maintenance of them. Mr. Haber contacted Pulte who responded that they would like to maintain the signs. He suggested an agreement be negotiated in order to maintain the signs. Mr. Franz asked if the maintenance would end when the sales process was over for Pulte and Mr. Haber responded that he presumed it would, but he could incorporate a reasonable notice requirement into the agreement. Mr. Hamilton stated that he felt the timeframe would be about three years until the sales process was over.

A motion was made by Mr. Hamilton, seconded by Mr. Carr and passed unanimously directing Mr. Haber to draft the appropriate agreement.

Update on Street Lighting Project

Mr. Hammond stated that there was no update, but that it should be on the agenda in September.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

Update on Somerset Preserve Activity

Mr. Haber stated that an agreement had been signed by the Somerset HOA and sent to Ms. Dailey. He added that the HOA president and consultant had gone to the South Florida Water Management District (SFWMD) who is not requiring any further remediation. Mike Myers indicated he walked the area with SFWMD and they did not have an issue, but rather provided guidance.

Update on Woods & Wetlands Somerset Exotic Removal

Mr. Haber explained the background of the contract for this service that Woods & Wetlands signed with an exhibit that included two thin strips that were not included when they worked for the HOA. As these extra parcels need maintenance, Woods & Wetlands had proposed a cost of $12,900 to do this maintenance as part of the original proposal. Mike Myers stated he had spoken with Woods
& Wetlands who have now lowered the cost for the maintenance to $7,900, in consideration of the confusion with the contract. He stated that Woods & Wetlands do not know why the addition of the two parcels had been missed. Mr. Franz stated that if the map used as an exhibit was accurate, then that is what the company agreed to maintain and it should be at their expense. Mr. Carr expressed that they should have looked at the map and been aware of the area when they signed the contract. Mr. Hammond opined, and it was the consensus of the Board, to take the position that Woods & Wetlands has a contract with the District and the CDD expects them to honor it. Mr. Myers asked if the Board would agree to let them do it over time, since it is a three year contract. It was the consensus of the Board to allow them to do so and Mr. Myers stated he would bring the issue back to the Board.

NEW BUSINESS
Consider Resolution No. 2018-08 – Adopting a Fiscal Year 2018/2019 Meeting Schedule

Resolution No. 2018-08 was presented, entitled:

RESOLUTION NO. 2018-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2018/2019 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Ms. Dailey went over the revised dates from what was printed in the book, which should have reflected meetings on the third Monday of each month.

A motion was made by Mr. Franz, seconded by Mr. Carr and passed unanimously to adopt Resolution No. 2018-08, as amended to reflect the third Monday of each month.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

Discussion Regarding Insurance Site Visit Recommendations

Mr. Hamilton advised that he had met with the Egis Insurance reps who went over the District’s physical assets, ponds and preserves. He stated they had recommended signage warning of wildlife and went over their enclosed letter. He added that the reps were fairly confused on what the District owned and he would like to make sure the District is not over insured. Mr. Hammond asked that the current policy be provided to Board Members. He opined that the issue of extra signage was discussed some time ago and it has always been concluded that there is not a cost benefit in terms of liability. There was general discussion that signage is nice to do, but there is no substantial reason to do it in terms of cost. Mr. Hamilton asked Ms. Dailey to find out if installing wildlife signage would reduce the premium and to be sure Egis would not deny coverage if signage was not placed in the District.

Consider Approval of WCI Phase 2C Plat

Mr. Caldwell presented the plat and stated that it fills in the blanks from the prior plat. Mr. Haber suggested the Board approve the plat, subject to Michael McElligott of SDS confirming that no additional true-up payment is required.

A motion was made by Mr. Franz, seconded by Mr. Carr approving the WCI Phase 2C Plat, subject to Special District Services, Inc. confirming that no additional true-up payment is required.

ADMINISTRATIVE MATTERS
Manager’s Report

Mr. Hammond stated that the financials looked good and asked Mr. McElligott to look at the traffic monitoring line item. He felt the expense was paid to Evans Engineering, but should be broken out to show the expense under this line item. Mr. McElligott stated he would look into it.

Ms. Dailey reminded the Board that the next meeting was scheduled for September 17, 2018.

Engineer’s Report

Mr. Evans advised that he had met with Pulte on the lake bank improvements in Bridgetown & Somerset and was awaiting a response.

Mr. Evans advised that 10-15% of the subaqueous pipes had been inspected and the report will be presented in the future. He stated that there was no area that was very bad and any repairs are in random locations.  He noted he would be getting a cost for those repairs.

There was a general discussion on grass clippings in drains and the schedule for cleaning. Mr. Evans left the meeting via phone at 10:12 am.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING AUGUST 20, 2018

Field Inspector Report

Mr. Hirniak stated that algae was prevalent throughout the area and he has spoken with Clarke Aquatics about extra spraying in some areas.

Mr. Hirniak mentioned that lake edge trimming looks quite nice where is had been done.

Mr. Hirniak stated that spike rush and torpedo grass had been expanding into the lakes. He added that the spike rush can supplement oxygenation, but the torpedo grass is wooly and not beneficial. He added that Clarke sprays regularly. Overall, he opined that the health of the lakes was good, as he sees life in the ponds. Mr. Hammond asked if Clarke had completed the flow way spraying and Mr. Hirniak responded that they had.

BOARD MEMBER COMMENTS

There were no comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Franz, seconded by Mr. Carr and passed unanimously to adjourn the Regular Board Meeting at 10:20 a.m.

 	
Secretary/Assistant Secretary	Chair/Vice-Chair

Page 8

Page 9

Page 10

RESOLUTION NO. 2018-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT, STATE OF FLORIDA, APPROVING THE REVISED FLORIDA STATEWIDE MUTUAL AID AGREEMENT; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the State Emergency Management Act, Chapter 252, Florida Statutes, authorizes the state and its political subdivisions to develop and enter into mutual aid agreements for reciprocal emergency aid and assistance in case of emergencies too extensive to be dealt with unassisted; and
WHEREAS, the Board of Supervisors of the Arborwood Community Development District (“District”) hereby approve an agreement with the State of Florida, Division of Emergency Management, concerning the Statewide Mutual Aid Agreement; and
WHEREAS, the Florida Department of Emergency Management requires an independent special district to participate in the Statewide Mutual Aid Agreement to be eligible for funds under Administrative Rule 27P-19, Base Funding for County Emergency Management Agencies and Municipal Competitive Grant and Loan Programs;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT, STATE OF FLORIDA, THAT:
Section 1.       The above recitals are hereby adopted.

Section 2.	That execution of the attached revised Statewide Mutual Aid Agreement is hereby authorized, and the Agreement is hereby approved.

PASSED, ADOPTED and EFFECTIVE this 17th day of September, 2018.

ARBORWOOD
COMMUNITY DEVELOPMENT DISTRICT,
ATTEST:	FLORIDA

By: 	By: 
Secretary/Assistant Secretary	Chairperson/Vice Chairperson

STATEWIDE MUTUAL AID AGREEMENT

TO BE DISTRIBUTED UNDER SEPARATE COVER

Page 13

Page 14

PAI Use Only: Project No.   02WCO749

PROFESSIONAL SERVICES AGREEMENT

SECTION 1 – GENERAL

THIS  IS  AN  AGREEMENT  made  as  of

,  2018,  between  Arborwood

Community     Development     District     (“CLIENT”)     and     Passarella     &     Associates,     Inc.
(“CONSULTANT”).

This Agreement is for Arborwood Preserve (“Project”), formerly known as Parcel C, consisting of 265.38± acres located in Section 34, Township 45 South, Range 25 East, Lee County, Florida. The wetland monitoring is applicable to the on-site preserve areas totaling 20.67± acres and includes three (3) previously established monitoring transects.

CLIENT and CONSULTANT in consideration of their mutual covenants herein agree in respect of the performance or furnishing of professional ecological services (“Services”) by CONSULTANT  with respect to the Project and the payment for those services by CLIENT as set forth below.

CLIENT and CONSULTANT each is hereby bound and the partners, successors, executors, administrators, assigns and legal representatives of CLIENT and CONSULTANT are hereby bound to the other party to this Agreement and to the partners, successors, executors, administrators, assigns and legal representatives of such other party, in respect to all covenants, agreements, and obligations of this Agreement.

SECTION 2 – SCOPE OF SERVICES

Execution of this Agreement by CONSULTANT and CLIENT constitutes CLIENT’S  written authorization to CONSULTANT to proceed on the date first above written with the Services described in Exhibit A, (“Scope of Services”) and in the other exhibits listed below. This Agreement will become effective on the date first above written.

SECTION 3 – COMPENSATION

For services provided and performed by CONSULTANT for providing and performing the Task(s) set forth and enumerated in Exhibit A entitled “Scope of Services,” the CLIENT shall compensate the CONSULTANT as provided in Exhibit B.

For Reimbursable Expenses, in addition to payments provided for CONSULTANT  and CONSULTANT’s Sub-Consultants, CLIENT shall pay CONSULTANT for reimbursable expenses incurred by CONSULTANT as set forth in Exhibit B.

Invoices for CONSULTANT’s services, Sub-Consultants, and Reimbursable Expenses will be prepared in accordance with CONSULTANT’s standard invoicing practices and will be submitted to CLIENT by CONSULTANT at least monthly. The amount billed for these services will be calculated on the basis set forth in Exhibit B. Invoices are due and payable on receipt.

If CLIENT fails to make any payment due to CONSULTANT for services and expenses within thirty days after receipt of CONSULTANT’s invoice, CONSULTANT may, after giving seven day’s written notice to CLIENT, suspend services under this Agreement until CONSULTANT has been paid in full all amounts due for services, expenses and charges. In the event of a disputed or contested billing, only that portion so contested may be withheld from payment, and the undisputed portion will be paid.

If either the CLIENT or CONSULTANT terminates this Agreement, CONSULTANT will be paid for all services performed or furnished in accordance with this Agreement by CONSULTANT through the date of termination on the basis specified in Exhibit B including any costs reasonably incurred by CONSULTANT that are directly attributable to the termination. CONSULTANT will be paid for the charges of CONSULTANT’s Sub-Consultants employed to perform or furnish services to the extent such services have been performed or furnished in accordance with this Agreement through the effective date of the termination. CONSULTANT also will be paid for all unpaid Reimbursable Expenses.

SECTION 4 – STANDARD OF PERFORMANCE

The standard of care for all professional consulting and related services furnished by CONSULTANT under this Agreement will be the care and skill ordinarily used by members of the CONSULTANT’s profession practicing under the same or similar circumstances at the same time and in the same locality. CONSULTANT makes no warrantees, expressed or implied, under this Agreement or otherwise, in conjunction with CONSULTANT’s services.

SECTION 5 – LIMITATION OF LIABILITY

CONSULTANT’s total liability to CLIENT for any loss or damage, including but not limited to special and consequential damages arising out of or in conjunction with the performance of services or any other cause, including CONSULTANT’s professional negligent acts, errors, or omissions, shall not exceed the CONSULTANT’s compensation, and CLIENT hereby releases and holds harmless CONSULTANT from any liability above such amount.

SECTION 6 – EXHIBITS

This Agreement is subject to the provisions of the following Exhibits (if checked) which are attached to and made a part of this Agreement:

Exhibit A.	IR	“Scope of Services”	
Exhibit B.	IR	“Compensation”	
Exhibit C.	D	“Consultant’s Hourly Rate Schedule”	
Exhibit D.	D	“Reimbursables”	

IN WITNESS WHEREOF, the parties warrant and represent that they are authorized to enter into this Agreement for Professional Services. CLIENT hereby authorizes the performance of the services in Exhibit A and agrees to pay the charges resulting therefrom as identified in Exhibit B. As CLIENT or CLIENT’s legal representative, I have read, understand, and agree to the business terms and conditions contained herein including the CONSULTANT’s Limited Liability printed on Page 1 of this Agreement.

CLIENT:	CONSULTANT:
Arborwood Community Development District	Passarella & Associates, Inc.

 	
Signature	Signature
By: 	By:       Kenneth C. Passarella 
Name Typed or Printed	Name Typed or Printed

Title:	Title:	President

Address for giving notices:	Address for giving notices:
Arborwood Community Development District	Passarella & Associates, Inc.
c/o Special District Services, Inc.	13620 Metropolis Avenue, Suite 200 27499 Riverview Center Boulevard, Suite 253	Fort Myers, Florida 33912
Bonita Springs, Florida 34134	Phone:	(239) 274-0067
Phone:	(941) 875-4195	Fax:	(239) 274-0069 Fax:	(	)	-

Attest:   

Signature

(IF CORPORATION, AFFIX CORPORATE SEAL)

OR

State of   County of  
The foregoing instrument was acknowledged before me this  

day of  

, 20 	,

by   identification.

who is personally known to me or who has produced 	as

Notary Public
Name typed, printed or stamped	(Seal)

EXHIBIT A

Exhibit A consisting of one (1) page referred to and controlled by the terms and conditions contained in the Professional Services Agreement between CLIENT and CONSULTANT for professional services

dated  

, 2018.

Services not set forth in this Exhibit A, or not listed or described herein, are expressly excluded from the Scope of the Professional Services of the CONSULTANT. The CONSULTANT assumes no responsibility to perform any services not specifically identified and/or otherwise described in this Exhibit A.
Initial: CLIENT  

SCOPE OF SERVICES

CONSULTANT  

Task	Description

On-Site Third Annual Mitigation Monitoring
Conduct third annual mitigation monitoring along previously established transects.
Prepare and submit monitoring reports to the appropriate review agencies.

Wetland Well Monitoring Installation and Monitoring
Purchase and install two continuously recording ground monitoring wells.
Download the monitoring data on a quarterly basis for one year.
Prepare the data for inclusion in the third annual monitoring report.

EXHIBIT B

Exhibit B consisting of one (1) page referred to and controlled by the terms and conditions contained in the Professional Services Agreement between CLIENT and CONSULTANT for professional services

dated  

, 2018.

Initial: CLIENT  

COMPENSATION

CONSULTANT  

For services provided and performed by CONSULTANT for providing and performing the Task(s) set forth and enumerated in Exhibit A entitled “Scope of Services,” the CLIENT shall compensate the CONSULTANT as follows:

Task	Description	Fee Type	Amount	
1.0	On-Site Third Annual Mitigation Monitoring	LS	$3,400.00	
2.0	Wetland Well Monitoring Installation and Monitoring	LS	$2,800.00	
Total:	$6,200.00	

Fee Type Definitions:

Lump Sum (LS): Includes all direct and indirect labor costs, personnel related costs, overhead and administrative costs, which may pertain to the services performed, provided and/or furnished by the CONSULTANT as may be required to complete the services in Exhibit A. The total amount of compensation to be paid the CONSULTANT shall not exceed the amount of the total Lump Sum compensation established and agreed to. The portion of the amount billed for CONSULTANT’s services which is on account of the Lump Sum will be based upon CONSULTANT’s estimate of the proportion of the total services actually completed at the time of billing.

Exhibit B	1 of 1

CONSIDER APPROVAL OF AMENDMENT TO FOUNTAIN AGREEMENT WITH HAMPTON GOLF
TO ADDRESS BONDING REQUIREMENTS

TO BE DISTRIBUTED UNDER SEPARATE COVER

Arborwood Community Development District
Budget vs. Actual
October 2017 through August 2018

Oct '17 - Aug 18	Budget	$ Over Budget	% of Budget

Income

01-3100 · O & M Assessments (On-Roll)	359,013.52		337,632.00		21,381.52		106.33%	
01-3301 · O&M Assessments-Off Roll	19,037.00		43,626.00		-24,589.00		43.64%	
01-3814 · Debt Assessments-2005-2-Master	2,109,702.75		1,929,686.00		180,016.75		109.33%	
01-3816 · Debt Assessments (2006A-2)	24,789.70		24,800.00		-10.30		99.96%	
01-3817 · Debt Assessments (2006A-3)	802,739.60		802,726.00		13.60		100.0%	
01-3818 · Debt Assessments (2014A)	291,699.80		220,728.00		70,971.80		132.15%	
01-3824 · Dbt Asses-To Trustee-05-2-Mastr	-2,031,687.45		-2,123,539.00		91,851.55		95.68%	
01-3826 · Debt Asses-Pd To Trustee-2006A2	-23,820.55		-22,862.00		-958.55		104.19%	
01-3827 · Debt Asses-Pd To Trustee-2006A3	-771,353.30		-754,563.00		-16,790.30		102.23%	
01-3829 · Debt Asses-Pd To Trustee-2014A	-280,294.65		-1,209,995.00		929,700.35		23.17%	
01-3830 · Assessment Fees	-8,687.80		-66,312.00		57,624.20		13.1%	
01-3831 · Assessment Discounts	-131,580.22		-132,623.00		1,042.78		99.21%	
01-3850 · Miscellaneous Income	0.00		140,000.00		-140,000.00		0.0%	
01-3914 · Dbt Assm-Off Roll-05A2	4,472.00		1,312,145.00		-1,307,673.00		0.34%	
Total Income	364,030.40		501,449.00		-137,418.60		72.6%	
Expense								
01-1130 · Payroll Tax Expense	673.20		912.00		-238.80		73.82%	
01-1131 · Supervisor Fees	8,800.00		12,000.00		-3,200.00		73.33%	
01-1310 · Engineering	30,304.36		40,000.00		-9,695.64		75.76%	
01-1311 · Management Fees	31,819.26		34,712.00		-2,892.74		91.67%	
01-1313 · Website Management	1,375.00		1,500.00		-125.00		91.67%	
01-1315 · Legal Fees	21,817.61		45,000.00		-23,182.39		48.48%	
01-1318 · Assessment/Tax Roll	0.00		5,000.00		-5,000.00		0.0%	
01-1320 · Audit Fees	5,350.00		5,700.00		-350.00		93.86%	
01-1330 · Arbitrage Rebate Fee	3,350.00		4,000.00		-650.00		83.75%	
01-1332 · Amortization Schedule Fee	0.00		1,000.00		-1,000.00		0.0%	
01-1450 · Insurance	14,496.00		16,000.00		-1,504.00		90.6%	
01-1480 · Legal Advertisements	9,040.08		5,500.00		3,540.08		164.37%	
01-1512 · Miscellaneous	2,284.57		3,000.00		-715.43		76.15%	
01-1513 · Postage and Delivery	1,539.87		1,000.00		539.87		153.99%	
01-1514 · Office Supplies	3,275.07		2,500.00		775.07		131.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1551 · Trustee Fees - 2005 Master	32,229.23		47,000.00		-14,770.77		68.57%	
01-1743 · Continuing Disclosure Fee	4,000.00		5,000.00		-1,000.00		80.0%	
01-1803 · Aquatic Maintenance	0.00		2,000.00		-2,000.00		0.0%	
01-1811 · Professional Fee & Permits (GF)	0.00		2,000.00		-2,000.00		0.0%	
01-1814 · Electricity	132.74		2,000.00		-1,867.26		6.64%	
01-1816 · Treeline Preserve Maint-Exotics	0.00		5,000.00		-5,000.00		0.0%	

Arborwood Community Development District
Budget vs. Actual
October 2017 through August 2018

	Oct '17 - Aug 18		Budget		$ Over Budget		% of Budget	
01-1818 · DRI / Traffic Monitoring	9,775.00		10,000.00		-225.00		97.75%	
01-1819 · Environmental Consulting-Passarella	9,291.02		15,000.00		-5,708.98		61.94%	
01-1820 · Panther Mitigation Maint-Exotics	55,568.54		84,000.00		-28,431.46		66.15%	
01-1821 · Miti Maintenance (Parcel C)	0.00		5,000.00		-5,000.00		0.0%	
01-1822 · Street Lighting-Utility & Maint	20,535.55		15,000.00		5,535.55		136.9%	
01-1824 · Field Inspector (Somerset Only)	12,130.96		35,000.00		-22,869.04		34.66%	
01-1825 · Lake Maintenance-Somerset Only	32,977.00		50,000.00		-17,023.00		65.95%	
01-1826 · Preserve Maint -Somerset Only	0.00		45,000.00		-45,000.00		0.0%	
01-1850 · Capital Outlay - Small	0.00		1,000.00		-1,000.00		0.0%	
Total Expense	310,940.06		500,999.00		-190,058.94		62.06%	
Net Income	53,090.34		450.00		52,640.34		11,797.85%	

Bank Balance As Of 8/31/18	$	282,646.27	
Accounts Payable As Of 8/31/18	$	7,083.12	
Other Assets As Of 8/31/18	$	900.00	
Total Fund Balance As Of 8/31/18	$	276,463.15