TRADITION COMMUNITY DEVELOPMENT DISTRICTS 1-10

Financial Report For March 2022

TRADITION COMMUNITY DEVELOPMENT DISTRICTS #1-10
MONTHLY FINANCIAL REPORT TABLE OF CONTENTS

Tradition CDD #1-10 RECAP.	Page 3-5
Tradition CDD Long Term Debt…	Page 6
Tradition CDD #1…	Page 7-9
Tradition CDD #2…	Page 10-11
Tradition CDD #3…	Page 12-13
Tradition CDD #4…	Page 14-15
Tradition CDD #5…	Page 16-17
Tradition CDD #6…	Page 18-19
Tradition CDD #7…	Page 20-21
Tradition CDD #8…	Page 22-23
Tradition CDD #9…	Page 24-25
Tradition CDD #10.	Page 26-27
Tradition Irrigation…	Page 28-30
Tradition Irrigation Accounts Receivable…	Page 31
Tradition Irrigation Long Term Debt.	Page 32

2

REVENUES	
O & M ASSESSMENTS - ADMIN & MAINT		
1,379,123	
1,313,360	
95.23%	
DEBT ASSESSMENTS		4,342,633	4,059,051	93.47%	
BOND PREPAYMENTS		0	12,322	0.00%	
INTEREST INCOME		0	1,127	0.00%	
STORMWATER		750,000	836,482	111.53%	
OTHER INCOME		0	38,944	0.00%	
DEVELOPER CONTRIBUTION - BEEP		1,113,700	196,272	17.62%	
FUND CARRY FORWARD		576,117	0	0.00%	
Total Revenues		$	8,161,573	$	6,457,558	79.12%	
EXPENDITURES - ADMIN	
AUDIT		
55,000	
0	
0.00%	
BANK FEES		670	0	0.00%	
DISSEMINATION AGENT		1,000	0	0.00%	
DISTRICT COUNSEL		80,000	25,074	31.34%	
MANAGEMENT		93,360	46,680	50.00%	
ASSESSMENT ROLL		10,000	0	0.00%	
DUES, LICENSES, FEES		1,750	1,750	100.00%	
ENGINEERING		50,000	76,217	152.43% Invoices will be sorted between Admin Eng and Maint Eng below.	
IMPACT FEE ADMINISTRATION			0	0.00%	
GENERAL INSURANCE		96,400	100,384	104.13%	
WEBSITE		7,500	3,750	50.00%	
LEGAL ADVERTISING		6,500	1,093	16.81%	
MISCELLANEOUS		1,000	19,210	1920.99% Redemption of outstanding Tax Certificates	
HOLIDAY DECORATIONS		35,000	0	0.00% Cost Share with Assocation	
MEETING ROOM		0	0	0.00%	
TRAVEL AND PER DIEM		2,000	564	28.20%	
OFFICE SUPPLIES		2,500	1,328	53.14%	
POSTAGE AND SHIPPING		400	21	5.30%	
COPIES		4,500	384	8.53%	
SUPERVISOR FEES		64,800	7,800	12.04%	
SUPERVISOR PAYROLL TAXES		0	597	0.00%	

SUPERVISOR PAYROLL FEES		0	125	100.00%	
TELEPHONE		0	0	100.00%	
TRUSTEE SERVICES		14,000	-3,709	-26.49% Refund of duplicate payment made in previous ficsal year. Auditors will likley move.	
OFFICE RENT		25,000	47,692	190.77%	
CONTINUING DISCLOSURE FEE		1,500	1,500	100.00%	
CONTINGENCY - ADMIN		5,000	0	0.00%	
BEEP - CAPITAL		720,000	1,013	0.14% Developer Funded	
TOTAL ADMIN EXPENSES		1,277,880	331,473	25.94%	
EXPENDITURES - MAINT					
LAKE MAINTENANCE		242,300	123,328	50.90%	
BEEP OPERATIONS		393,700	247,429	62.85% Developer Funded	
BUILDING, BRIDGE, MONUMENT MAINT.		10,000	150	1.50%	
CONTINGENCY - MAINT.		30,000	1,290	4.30%	
COMMUNITY AREA MAINTENANCE		40,000	12,741	31.85%	
DEVELOPMENT COORDINATOR		59,320	29,660	50.00%	
PAINTING		5,000	0	0.00%	
FENCE MAINTENANCE		3,000	0	0.00%	
ELECTRIC		60,000	34,386	57.31%	
ENGINEERING - MAINT.		100,000	0	0.00%	
FIELD MANAGEMENT		191,910	95,955	50.00%	
FOUNTAIN MAINTENANCE		40,000	1,648	4.12%	
LANDSCAPING MAINTENANCE & MATERIALS		847,000	490,302	57.89%	
IRRIGATION		150,000	75,352	50.23%	
IRRIGATION PARTS & REPAIR		25,000	19,286	77.15%	
PEST CONTROL		6,500	0	0.00%	
SECURITY		42,000	17,267	41.11%	
SIDEWALK CLEANING		20,000	44,911	224.56% Pressure Clean of Tradition Parkway	
SIDEWALK REPAIR		10,000	0	0.00%	
SIGNAGE		10,000	0	0.00%	
STREETLIGHTS		45,000	33,692	74.87%	
STORMWATER MANAGEMENT		6,000	0	0.00%	
TREE/PLANT REPLACEMENT & TRIM		90,000	19,420	21.58%	
WETLAND UPLAND MAINTENANCE		4,000	5,893	147.32%	
TOTAL MAINTENANCE EXPENSES		2,430,730	1,252,712	51.54%	

Total Expenditures		$	3,708,610	$	1,584,185	42.72%	
				
EXCESS / (SHORTFALL)		$	4,452,963	$	4,873,373	109.44%	

PAYMENT TO TRUSTEE		
(3,995,223)	(3,822,271)	
95.67%	
BOND PREPAYMENTS		-	(12,322)		
BALANCE		$	457,740	$	1,038,780		

COUNTY APPRAISER & TAX COLLECTOR FEE		
(228,870)	(217,380)	
94.98%	
DISCOUNTS FOR EARLY PAYMENTS		(228,870)	(209,788)	91.66%	
NET EXCESS / (SHORTFALL)		$	-	$	611,611		

04/20/22	Long Term Debt Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22

ASSETS
Other Assets
05-5150 · Amount Available In DSF (2014)	

4,022,906.43	
05-5152 · Amount Available In DSF-9-2021	1,249,388.68	
05-5155 · Amount To Be Provided	52,042,704.89	
Total Other Assets	57,315,000.00	
TOTAL ASSETS	57,315,000.00	
LIABILITIES & EQUITY		
Liabilities
Long Term Liabilities
05-5215 · Special Assessment Debt (2014)	

39,560,000.00	
05-5216 · Special Assessment Dbt (9-2021)	17,755,000.00	
Total Long Term Liabilities	57,315,000.00	
Total Liabilities	57,315,000.00	
TOTAL LIABILITIES & EQUITY	57,315,000.00	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

Oct '21 - Mar 22	Budget	$ Over Budget	% of Budget
Income
01-1610 · BEEP Developer Contribution	196,272.10		1,113,700.00		-917,427.90		17.6%	
01-3000 · Carry Forward	0.00		6,793.92		-6,793.92		0.0%	
01-3100 · O & M Assessments	215,792.16		139,031.00		76,761.16		155.2%	
01-3810 · Debt Assessments	4,059,050.53		4,342,633.00		-283,582.47		93.5%	
01-3820 · Debt Assess-Paid To Trustee	-3,822,270.83		-3,995,223.00		172,952.17		95.7%	
01-3830 · Assessment Fees	-217,380.21		-228,870.00		11,489.79		95.0%	
01-3831 · Assessment Discounts	-209,788.46		-228,870.00		19,081.54		91.7%	
01-9000 · Bond Prepayments - Series 2014	12,322.41		0.00		12,322.41		100.0%	
01-9010 · Prepaid Bonds To Trustee (2014)	-12,322.41		0.00		-12,322.41		100.0%	
01-9400 · Other Income	26,894.02		0.00		26,894.02		100.0%	
01-9405 · Stormwater Fees	10,444.87		9,365.00		1,079.87		111.5%	
01-9407 · Engineering Revenue Fees	2,550.00		0.00		2,550.00		100.0%	
01-9408 · Application Fee	9,500.00		0.00		9,500.00		100.0%	
01-9410 · Interest Income (GF)	1,117.50		0.00		1,117.50		100.0%	
Total Income	272,181.68		1,158,559.92		-886,378.24		23.5%	
Expense
01-1308 · Dissemination Agent	
0.00		
12.00		
-12.00		
0.0%	
01-1310 · Engineering	468.75		307.00		161.75		152.7%	
01-1311 · Management Fees	287.11		574.00		-286.89		50.0%	
01-1313 · Field Management	1,198.21		2,396.00		-1,197.79		50.0%	
01-1314 · Consulting Fee	0.00		0.00		0.00		0.0%	
01-1315 · Legal Fees	154.24		492.00		-337.76		31.3%	
01-1317 · Travel and Per Diem	3.52		12.00		-8.48		29.3%	
01-1318 · Assessment/Tax Roll	0.00		61.00		-61.00		0.0%	
01-1320 · Audit Fees	4,500.00		6,500.00		-2,000.00		69.2%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll tax expense	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Processing fees	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	370.37		741.49		-371.12		49.9%	
01-1440 · Rents & Leases	293.32		154.49		138.83		189.9%	
01-1450 · Insurance	33,747.00		593.49		33,153.51		5,686.2%	
01-1480 · Legal Advertisements	6.75		40.49		-33.74		16.7%	
01-1511 · Bank Fees	0.00		4.49		-4.49		0.0%	
01-1512 · Miscellaneous	118.17		6.49		111.68		1,820.8%	
01-1513 · Postage and Delivery	0.18		2.49		-2.31		7.2%	
01-1514 · Office Supplies	8.20		15.49		-7.29		52.9%	
01-1515 · Telephone	0.00		0.00		0.00		0.0%	
01-1516 · Copies	2.41		28.00		-25.59		8.6%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		215.00		-215.00		0.0%	
01-1520 · Security	215.64		524.00		-308.36		41.2%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF) 01-1600 · BEEP Capital
01-1601 · BEEP	-46.35

0.00		175.00

0.00		-221.35

0.00		-26.5%

0.0%	
01-1600 · BEEP Capital - Other	1,012.75		720,000.00		-718,987.25		0.1%	
Total 01-1600 · BEEP Capital	
1,012.75		
720,000.00		
-718,987.25		
0.1%	
01-1606 · BEEP O&M
01-1607 · Insurance	
0.00		
0.00		
0.00		
0.0%	
01-1608 · Legal	1,155.00		0.00		1,155.00		100.0%	
01-1606 · BEEP O&M - Other	246,274.28		393,700.00		-147,425.72		62.6%	
Total 01-1606 · BEEP O&M	247,429.28		393,700.00		-146,270.72		62.8%	
01-1743 · Continuing Disclosure Fee	18.75		19.00		-0.25		98.7%	
01-1801 · Landscaping Maintenance	6,122.32		10,576.00		-4,453.68		57.9%	
01-1802 · Tree/Plant Replacement & Trim	242.52		1,124.00		-881.48		21.6%	
01-1805 · Stormwater Management (GF)	0.00		75.00		-75.00		0.0%	
01-1807 · Irrigation Parts & Repair	240.85		312.00		-71.15		77.2%	
01-1808 · Irrigation	940.92		1,873.00		-932.08		50.2%	
01-1810 · Engineering / Inspections	0.00		1,249.00		-1,249.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		125.00		-125.00		0.0%	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
01-1813 · Wetland Upland Maintenance	73.62		50.00		23.62		147.2%	
01-1814 · Electricity	429.40		749.00		-319.60		57.3%	
01-1815 · Miscellaneous Maintenance	16.13		0.00		16.13		100.0%	
01-1816 · Building Maintenance	0.00		125.00		-125.00		0.0%	
01-1817 · Common Area Maintenance	159.12		499.00		-339.88		31.9%	
01-1818 · Fountain Maintenance & Chemical	20.61		499.00		-478.39		4.1%	
01-1820 · Contingency	0.00		405.00		-405.00		0.0%	
01-1822 · Pest Control	0.00		81.00		-81.00		0.0%	
01-1823 · Painting	0.00		62.00		-62.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		37.00		-37.00		0.0%	
01-1825 · Lake Maintenance	1,540.00		3,026.00		-1,486.00		50.9%	
01-1827 · Streetlights	420.72		562.00		-141.28		74.9%	
01-1829 · Sidewalk Cleaning	560.83		250.00		310.83		224.3%	
01-1830 · Sidewalk Repair	0.00		125.00		-125.00		0.0%	
01-1831 · Building, Bridge, Monument Main	1.91							
Total Expense	302,324.59		1,158,559.92		-856,235.33		26.1%	
Net Income	-30,142.91		0.00		-30,142.91		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1157	1,432,845.34	
01-1001 · Synovus CK 4401	1,530,998.74	
01-1003 · Synovus MMA 4902	296,625.03	
Total Checking/Savings	3,260,469.11	
Accounts Receivable		
11000 · Accounts Receivable	38,054.73	
Total Accounts Receivable	38,054.73	
Other Current Assets		
01-1205 · Accounts Receivable - Opening	4,700.00	
01-1208 · Due From Other Gov Units - Open	999.78	
01-8154 · Deposits	70,200.00	
Total Other Current Assets	75,899.78	
Total Current Assets	3,374,423.62	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-19,031.00	
Total Other Assets	-19,031.00	
TOTAL ASSETS	3,355,392.62	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

149,875.73	
Total Accounts Payable	149,875.73	
Other Current Liabilities		
01-2023 · Due To Other Funds	376,019.84	
01-2025 · Deposits - Engr Deposit	48,467.33	
01-2026 · Deposits - Lake Bank Restoratio	535,941.27	
01-2030 · Due to CDD2	79,682.84	
01-2031 · Due to CDD3	194,770.97	
01-2032 · Due to CDD4	193,459.34	
01-2033 · Due to CDD5	190,006.05	
01-2034 · Due to CDD6	177,975.48	
01-2035 · Due to CDD7	44,858.85	
01-2036 · Due to CDD8	-25,502.26	
01-2037 · Due to CDD9	-13,929.12	
01-2038 · Due to CDD10	-54,722.09	
01-3010 · RESERVE - DEPOSITS SIGNAGE	500,000.00	
Total Other Current Liabilities	2,247,028.50	
Total Current Liabilities	2,396,904.23	
Total Liabilities	2,396,904.23	
Equity		
30000 · Opening Balance Equity	639,977.13	
99-9999 · Retained Earnings	348,654.17	
Net Income	-30,142.91	
Total Equity	958,488.39	
TOTAL LIABILITIES & EQUITY	3,355,392.62	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
40,663.00		
-40,663.00		
0.0%	
01-3100 · Assessments	77,554.56		87,625.00		-10,070.44		88.5%	
01-3810 · Debt Assessment	0.00		0.00		0.00		0.0%	
01-3820 · Debt Assess-Paid To Trustee	0.00		0.00		0.00		0.0%	
01-3830 · Assessment Fees	0.00		0.00		0.00		0.0%	
01-3831 · Assessment Discounts	0.00		0.00		0.00		0.0%	
01-9405 · Stormwater Fees	62,520.91		56,057.00		6,463.91		111.5%	
01-9410 · Interest Income (GF)	1.79		0.00		1.79		100.0%	
Total Income	140,077.26		184,345.00		-44,267.74		76.0%	
Expense
01-1308 · Dissemination Agent	
0.00		
75.00		
-75.00		
0.0%	
01-1310 · Engineering	2,805.52		1,840.00		965.52		152.5%	
01-1311 · Management Fees	1,718.26		3,437.00		-1,718.74		50.0%	
01-1315 · Legal Fees	922.96		2,945.00		-2,022.04		31.3%	
01-1317 · Travel and Per Diem	20.75		74.00		-53.25		28.0%	
01-1318 · Assessment/Tax Roll	0.00		368.00		-368.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Processing Fees	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	2,216.85		4,434.00		-2,217.15		50.0%	
01-1440 · Rents & Leases	1,755.51		920.00		835.51		190.8%	
01-1450 · Insurance	11,793.00		3,548.00		8,245.00		332.4%	
01-1480 · Legal Advertisements	40.22		239.00		-198.78		16.8%	
01-1511 · Bank Fees	0.00		25.00		-25.00		0.0%	
01-1512 · Miscellaneous	707.10		37.00		670.10		1,911.1%	
01-1513 · Postage and Delivery	0.78		15.00		-14.22		5.2%	
01-1514 · Office Supplies	48.90		92.00		-43.10		53.2%	
01-1516 · Copies	14.13		166.00		-151.87		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		1,288.00		-1,288.00		0.0%	
01-1520 · Security	1,290.59		3,139.00		-1,848.41		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-277.19		1,046.00		-1,323.19		-26.5%	
01-1743 · Continuing Disclosure Fee	112.11		112.00		0.11		100.1%	
01-1801 · Landscaping Maintenance	36,646.25		63,307.00		-26,660.75		57.9%	
01-1802 · Tree/Plant Replacement & Trim	1,451.49		6,727.00		-5,275.51		21.6%	
01-1805 · Stormwater Management (GF)	0.00		448.00		-448.00		0.0%	
01-1807 · Irrigation Parts & Repair	1,441.50		1,869.00		-427.50		77.1%	
01-1808 · Irrigation	5,631.97		11,211.00		-5,579.03		50.2%	
01-1809 · Field Management	7,171.88		14,344.00		-7,172.12		50.0%	
01-1810 · Engineering / Inspections	0.00		7,474.00		-7,474.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		747.00		-747.00		0.0%	
01-1813 · Wetland Upland Maintenance	440.44		299.00		141.44		147.3%	
01-1814 · Electricity	2,570.09		4,485.00		-1,914.91		57.3%	
01-1815 · Miscellaneous Maintenance	96.41		2,242.00		-2,145.59		4.3%	
01-1816 · Building Maintenance	11.21		747.00		-735.79		1.5%	
01-1817 · Common Area Maintenance	952.32		2,990.00		-2,037.68		31.9%	
01-1818 · Fountain Maintenance & Chemical	123.14		2,990.00		-2,866.86		4.1%	
01-1820 · Contingency	0.00		184.00		-184.00		0.0%	
01-1822 · Pest Control	0.00		486.00		-486.00		0.0%	
01-1823 · Painting	0.00		374.00		-374.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		224.00		-224.00		0.0%	
01-1825 · Lake Maintenance	9,217.79		18,110.00		-8,892.21		50.9%	
01-1826 · Streetlights	2,518.20		3,363.00		-844.80		74.9%	
01-1829 · Sidewalk Cleaning	3,356.75		1,495.00		1,861.75		224.5%	
01-1830 · Sidewalk Repair	0.00		747.00		-747.00		0.0%	
Total Expense	96,566.27		184,345.00		-87,778.73		52.4%	
Net Income	43,510.99		0.00		43,510.99		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1173	8,569.21	
Total Checking/Savings	8,569.21	
Other Current Assets		
01-1210 · Due from CDD1	79,682.84	
Total Other Current Assets	79,682.84	
Total Current Assets	88,252.05	
TOTAL ASSETS	88,252.05	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
4,869.12	
99-9999 · Retained Earnings	39,871.94	
Net Income	43,510.99	
Total Equity	88,252.05	
TOTAL LIABILITIES & EQUITY	88,252.05	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
120,729.00		
-120,729.00		
0.0%	
01-3100 · Assessments	202,927.58		229,277.00		-26,349.42		88.5%	
01-9405 · Stormwater Fees	185,622.08		166,431.00		19,191.08		111.5%	
Total Income	388,549.66		516,437.00		-127,887.34		75.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
222.00		
-222.00		
0.0%	
01-1310 · Engineering	8,329.52		5,464.00		2,865.52		152.4%	
01-1311 · Management Fees	5,101.48		10,203.00		-5,101.52		50.0%	
01-1315 · Legal Fees	2,740.24		8,743.00		-6,002.76		31.3%	
01-1317 · Travel and Per Diem	61.63		219.00		-157.37		28.1%	
01-1318 · Assessment/Tax Roll	0.00		1,093.00		-1,093.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes - Supervisors	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Fees - Supervisors	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	6,581.77		13,164.00		-6,582.23		50.0%	
01-1440 · Rents & Leases	5,212.07		2,732.00		2,480.07		190.8%	
01-1450 · Insurance	8,170.00		10,535.00		-2,365.00		77.6%	
01-1480 · Legal Advertisements	119.41		710.00		-590.59		16.8%	
01-1511 · Bank Fees	0.00		73.00		-73.00		0.0%	
01-1512 · Miscellaneous	2,099.38		109.00		1,990.38		1,926.0%	
01-1513 · Postage and Delivery	2.31		44.00		-41.69		5.3%	
01-1514 · Office Supplies	145.18		273.00		-127.82		53.2%	
01-1516 · Copies	41.96		492.00		-450.04		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		3,825.00		-3,825.00		0.0%	
01-1520 · Security	3,831.75		9,320.00		-5,488.25		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-822.99		3,107.00		-3,929.99		-26.5%	
01-1743 · Continuing Disclosure Fee	332.86		333.00		-0.14		100.0%	
01-1801 · Landscaping Maintenance	108,801.76		187,956.00		-79,154.24		57.9%	
01-1802 · Tree/Plant Replacement & Trim	4,309.44		19,972.00		-15,662.56		21.6%	
01-1805 · Stormwater Management (GF)	0.00		1,331.00		-1,331.00		0.0%	
01-1807 · Irrigation Parts & Repair	4,279.78		5,548.00		-1,268.22		77.1%	
01-1808 · Irrigation	16,721.17		33,286.00		-16,564.83		50.2%	
01-1809 · Field Management	21,293.12		42,586.00		-21,292.88		50.0%	
01-1810 · Engineering / Inspections	0.00		22,191.00		-22,191.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		2,219.00		-2,219.00		0.0%	
01-1813 · Wetland Upland Maintenance	1,307.67		888.00		419.67		147.3%	
01-1814 · Electricity	7,630.54		13,314.00		-5,683.46		57.3%	
01-1815 · Miscellaneous Maintenance	286.26		6,657.00		-6,370.74		4.3%	
01-1816 · Building Maintenance	33.28		2,219.00		-2,185.72		1.5%	
01-1817 · Common Area Maintenance	2,827.41		8,876.00		-6,048.59		31.9%	
01-1818 · Fountain Maintenance & Chemical	365.61		8,876.00		-8,510.39		4.1%	
01-1820 · Contingency	0.00		546.00		-546.00		0.0%	
01-1822 · Pest Control	0.00		1,442.00		-1,442.00		0.0%	
01-1823 · Painting	0.00		1,110.00		-1,110.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		666.00		-666.00		0.0%	
01-1825 · Lake Maintenance	27,367.39		53,768.00		-26,400.61		50.9%	
01-1826 · Streetlights	7,476.49		9,986.00		-2,509.51		74.9%	
01-1829 · Sidewalk Cleaning	9,966.12		4,438.00		5,528.12		224.6%	
01-1830 · Sidewalk Repair	0.00		2,219.00		-2,219.00		0.0%	
Total Expense	256,379.95		516,437.00		-260,057.05		49.6%	
Net Income	132,169.71		0.00		132,169.71		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1181	18.38	
Total Checking/Savings	18.38	
Other Current Assets		
01-1210 · Due from CDD1	194,770.97	
Total Other Current Assets	194,770.97	
Total Current Assets	194,789.35	
TOTAL ASSETS	194,789.35	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
1,295.39	
99-9999 · Retained Earnings	61,324.25	
Net Income	132,169.71	
Total Equity	194,789.35	
TOTAL LIABILITIES & EQUITY	194,789.35	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
122,183.98		
-122,183.98		
0.0%	
01-3100 · Assessments	205,206.70		231,854.00		-26,647.30		88.5%	
01-9405 · Stormwater Fees	187,859.39		168,437.00		19,422.39		111.5%	
01-9410 · Interest Income (GF)	0.30		0.00		0.30		100.0%	
Total Income	393,066.39		522,474.98		-129,408.59		75.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
225.00		
-225.00		
0.0%	
01-1310 · Engineering	8,429.96		5,530.00		2,899.96		152.4%	
01-1311 · Management Fees	5,162.99		10,326.00		-5,163.01		50.0%	
01-1315 · Legal Fees	2,773.28		8,848.00		-6,074.72		31.3%	
01-1317 · Travel and Per Diem	62.37		221.00		-158.63		28.2%	
01-1318 · Assessment/Tax Roll	0.00		1,106.00		-1,106.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1321 · Field Management	21,549.87		43,100.00		-21,550.13		50.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes - Supervisors	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Fees - Supervisors	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	6,661.13		13,322.00		-6,660.87		50.0%	
01-1440 · Rents & Leases	5,274.92		2,765.49		2,509.43		190.7%	
01-1450 · Insurance	8,022.00		10,662.49		-2,640.49		75.2%	
01-1480 · Legal Advertisements	120.85		719.00		-598.15		16.8%	
01-1511 · Bank Fees	0.00		74.00		-74.00		0.0%	
01-1512 · Miscellaneous	2,124.69		111.00		2,013.69		1,914.1%	
01-1513 · Postage and Delivery	2.34		44.00		-41.66		5.3%	
01-1514 · Office Supplies	146.93		277.00		-130.07		53.0%	
01-1516 · Copies	42.47		498.00		-455.53		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		3,871.00		-3,871.00		0.0%	
01-1520 · Security	3,877.95		9,432.00		-5,554.05		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-832.92		3,144.00		-3,976.92		-26.5%	
01-1743 · Continuing Disclosure Fee	336.87		337.00		-0.13		100.0%	
01-1801 · Landscaping Maintenance	110,113.68		190,222.00		-80,108.32		57.9%	
01-1802 · Tree/Plant Replacement & Trim	4,361.40		20,212.00		-15,850.60		21.6%	
01-1805 · Stormwater Management (GF)	0.00		1,347.00		-1,347.00		0.0%	
01-1807 · Irrigation Parts & Repair	4,331.39		5,615.00		-1,283.61		77.1%	
01-1808 · Irrigation	16,922.79		33,687.00		-16,764.21		50.2%	
01-1810 · Engineering / Inspections	0.00		22,458.00		-22,458.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		2,246.00		-2,246.00		0.0%	
01-1813 · Wetland Upland Maintenance	1,323.44		898.00		425.44		147.4%	
01-1814 · Electricity	7,722.55		13,475.00		-5,752.45		57.3%	
01-1815 · Miscellaneous Maintenance	289.71		6,737.00		-6,447.29		4.3%	
01-1816 · Building Maintenance	10,086.30		2,246.00		7,840.30		449.1%	
01-1817 · Common Area Maintenance	2,861.50		8,983.00		-6,121.50		31.9%	
01-1818 · Fountain Maintenance & Chemical	370.02		8,983.00		-8,612.98		4.1%	
01-1820 · Contingency	0.00		553.00		-553.00		0.0%	
01-1822 · Pest Control	0.00		1,460.00		-1,460.00		0.0%	
01-1823 · Painting	0.00		1,123.00		-1,123.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		674.00		-674.00		0.0%	
01-1825 · Lake Maintenance	27,697.38		54,417.00		-26,719.62		50.9%	
01-1826 · Streetlights	7,566.64		10,106.00		-2,539.36		74.9%	
01-1829 · Sidewalk Cleaning	33.68		4,492.00		-4,458.32		0.7%	
01-1830 · Sidewalk Repair	0.00		2,246.00		-2,246.00		0.0%	
Total Expense	259,203.52		522,474.98		-263,271.46		49.6%	
Net Income	133,862.87		0.00		133,862.87		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1211	1,510.21	
Total Checking/Savings	1,510.21	
Other Current Assets		
01-1210 · Due from CDD1	193,459.34	
Total Other Current Assets	193,459.34	
Total Current Assets	194,969.55	
TOTAL ASSETS	194,969.55	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
1,491.35	
99-9999 · Retained Earnings	59,615.33	
Net Income	133,862.87	
Total Equity	194,969.55	
TOTAL LIABILITIES & EQUITY	194,969.55	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
121,313.00		
-121,313.00		
0.0%	
01-3100 · Assessments	203,839.55		230,309.00		-26,469.45		88.5%	
01-9405 · Stormwater Fees	186,516.55		167,233.00		19,283.55		111.5%	
01-9410 · Interest Income (GF)	0.67							
Total Income	390,356.77		518,855.00		-128,498.23		75.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
223.00		
-223.00		
0.0%	
01-1310 · Engineering	8,369.70		5,491.00		2,878.70		152.4%	
01-1311 · Management Fees	5,126.09		10,252.00		-5,125.91		50.0%	
01-1315 · Legal Fees	2,753.46		8,785.00		-6,031.54		31.3%	
01-1317 · Travel and Per Diem	61.92		220.00		-158.08		28.1%	
01-1318 · Assessment/Tax Roll	0.00		1,098.00		-1,098.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1321 · Field Management	21,395.82		42,792.00		-21,396.18		50.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes - Supervisors	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Fees - Supervisors	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	6,613.51		13,227.00		-6,613.49		50.0%	
01-1440 · Rents & Leases	5,237.21		2,745.00		2,492.21		190.8%	
01-1450 · Insurance	7,442.00		10,586.00		-3,144.00		70.3%	
01-1480 · Legal Advertisements	119.99		714.00		-594.01		16.8%	
01-1511 · Bank Fees	0.00		74.00		-74.00		0.0%	
01-1512 · Miscellaneous	2,109.50		110.00		1,999.50		1,917.7%	
01-1513 · Postage and Delivery	2.32		44.00		-41.68		5.3%	
01-1514 · Office Supplies	145.88		275.00		-129.12		53.0%	
01-1516 · Copies	42.16		494.00		-451.84		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		3,843.00		-3,843.00		0.0%	
01-1520 · Security	3,850.23		9,365.00		-5,514.77		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-826.96		3,122.00		-3,948.96		-26.5%	
01-1743 · Continuing Disclosure Fee	334.46		334.00		0.46		100.1%	
01-1801 · Landscaping Maintenance	109,326.53		188,862.00		-79,535.47		57.9%	
01-1802 · Tree/Plant Replacement & Trim	4,330.22		20,068.00		-15,737.78		21.6%	
01-1805 · Stormwater Management (GF)	0.00		1,338.00		-1,338.00		0.0%	
01-1807 · Irrigation Parts & Repair	4,300.43		5,574.00		-1,273.57		77.2%	
01-1808 · Irrigation	16,801.82		33,447.00		-16,645.18		50.2%	
01-1810 · Engineering / Inspections	0.00		22,298.00		-22,298.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		2,230.00		-2,230.00		0.0%	
01-1813 · Wetland Upland Maintenance	1,313.98		892.00		421.98		147.3%	
01-1814 · Electricity	7,667.34		13,379.00		-5,711.66		57.3%	
01-1815 · Miscellaneous Maintenance	287.64		6,689.00		-6,401.36		4.3%	
01-1816 · Building Maintenance	33.44		2,230.00		-2,196.56		1.5%	
01-1817 · Common Area Maintenance	2,841.05		8,919.00		-6,077.95		31.9%	
01-1818 · Fountain Maintenance & Chemical	367.38		8,919.00		-8,551.62		4.1%	
01-1820 · Contingency	0.00		549.00		-549.00		0.0%	
01-1822 · Pest Control	0.00		1,449.00		-1,449.00		0.0%	
01-1823 · Painting	0.00		1,115.00		-1,115.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		669.00		-669.00		0.0%	
01-1825 · Lake Maintenance	27,499.38		54,028.00		-26,528.62		50.9%	
01-1826 · Streetlights	7,512.55		10,034.00		-2,521.45		74.9%	
01-1829 · Sidewalk Cleaning	10,014.19		4,460.00		5,554.19		224.5%	
01-1830 · Sidewalk Repair	0.00		2,230.00		-2,230.00		0.0%	
Total Expense	256,840.58		518,855.00		-262,014.42		49.5%	
Net Income	133,516.19		0.00		133,516.19		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1203	3,215.44	
Total Checking/Savings	3,215.44	
Other Current Assets		
01-1210 · Due from CDD1	190,006.04	
Total Other Current Assets	190,006.04	
Total Current Assets	193,221.48	
TOTAL ASSETS	193,221.48	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
559.76	
99-9999 · Retained Earnings	59,145.53	
Net Income	133,516.19	
Total Equity	193,221.48	
TOTAL LIABILITIES & EQUITY	193,221.48	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
111,117.00		
-111,117.00		
0.0%	
01-3100 · Assessments	187,882.42		212,280.00		-24,397.58		88.5%	
01-9405 · Stormwater Fees	170,849.80		153,186.00		17,663.80		111.5%	
01-9410 · Interest Income (GF)	3.45		0.00		3.45		100.0%	
Total Income	358,735.67		476,583.00		-117,847.33		75.3%	
Expense
01-1308 · Dissemination Agent	
0.00		
204.00		
-204.00		
0.0%	
01-1310 · Engineering	7,666.64		5,029.00		2,637.64		152.4%	
01-1311 · Management Fees	4,695.50		9,391.00		-4,695.50		50.0%	
01-1315 · Legal Fees	2,522.17		8,047.00		-5,524.83		31.3%	
01-1317 · Travel and Per Diem	56.72		201.00		-144.28		28.2%	
01-1318 · Assessment/Tax Roll	0.00		1,006.00		-1,006.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes - Supervisors	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Fees - Supervisors	17.81		0.00		17.81		100.0%	
01-1329 · Development Coordinator	6,057.98		12,116.00		-6,058.02		50.0%	
01-1332 · Management Fees - SpikeRush	0.00							
01-1337 · Lake Maintenance	25,189.43		49,489.00		-24,299.57		50.9%	
01-1440 · Rents & Leases	4,797.28		2,515.00		2,282.28		190.7%	
01-1450 · Insurance	8,386.00		9,697.00		-1,311.00		86.5%	
01-1480 · Legal Advertisements	109.91		654.00		-544.09		16.8%	
01-1511 · Bank Fees	0.00		67.00		-67.00		0.0%	
01-1512 · Miscellaneous	1,932.30		101.00		1,831.30		1,913.2%	
01-1513 · Postage and Delivery	2.13		40.00		-37.87		5.3%	
01-1514 · Office Supplies	133.63		251.00		-117.37		53.2%	
01-1516 · Copies	38.62		453.00		-414.38		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		3,521.00		-3,521.00		0.0%	
01-1520 · Security	3,526.81		8,578.00		-5,051.19		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-757.50		2,859.00		-3,616.50		-26.5%	
01-1743 · Continuing Disclosure Fee	306.37		306.00		0.37		100.1%	
01-1801 · Landscaping Maintenance	100,143.10		172,998.00		-72,854.90		57.9%	
01-1802 · Tree/Plant Replacement & Trim	3,966.48		18,382.00		-14,415.52		21.6%	
01-1805 · Stormwater Management (GF)	0.00		1,225.00		-1,225.00		0.0%	
01-1807 · Irrigation Parts & Repair	3,939.19		5,106.00		-1,166.81		77.1%	
01-1808 · Irrigation	15,390.47		30,637.00		-15,246.53		50.2%	
01-1809 · Field Management	19,598.57		39,197.00		-19,598.43		50.0%	
01-1810 · Engineering / Inspections	0.00		20,425.00		-20,425.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		2,042.00		-2,042.00		0.0%	
01-1813 · Wetland Upland Maintenance	1,203.61		817.00		386.61		147.3%	
01-1814 · Electricity	7,023.28		12,255.00		-5,231.72		57.3%	
01-1815 · Miscellaneous Maintenance	263.47		6,127.00		-5,863.53		4.3%	
01-1816 · Building Maintenance	30.63		2,042.00		-2,011.37		1.5%	
01-1817 · Common Area Maintenance	2,602.40		8,170.00		-5,567.60		31.9%	
01-1818 · Fountain Maintenance & Chemical	336.52		8,170.00		-7,833.48		4.1%	
01-1820 · Contingency	0.00		503.00		-503.00		0.0%	
01-1822 · Pest Control	0.00		1,328.00		-1,328.00		0.0%	
01-1823 · Painting	0.00		1,021.00		-1,021.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		613.00		-613.00		0.0%	
01-1825 · Streetlights	6,881.49		9,191.00		-2,309.51		74.9%	
01-1829 · Sidewalk Cleaning	9,173.00		4,085.00		5,088.00		224.6%	
01-1830 · Sidewalk Repair	0.00		2,042.00		-2,042.00		0.0%	
Total Expense	236,983.54		476,583.00		-239,599.46		49.7%	
Net Income	121,752.13		0.00		121,752.13		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1238	16,476.76	
Total Checking/Savings	16,476.76	
Other Current Assets		
01-1210 · Due from CDD1
01-1211 · Due From CDD1 - Spikerush	
9,742.24	
01-1210 · Due from CDD1 - Other	168,233.25	
Total 01-1210 · Due from CDD1	
177,975.49	
Total Other Current Assets	177,975.49	
Total Current Assets	194,452.25	
TOTAL ASSETS	194,452.25	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
970.27	
99-9999 · Retained Earnings	71,729.85	
Net Income	121,752.13	
Total Equity	194,452.25	
TOTAL LIABILITIES & EQUITY	194,452.25	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar...		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
21,248.00		
-21,248.00		
0.0%	
01-3100 · Assessments	90,016.05		101,705.00		-11,688.95		88.5%	
01-9405 · Stormwater Fees	32,668.53		29,291.00		3,377.53		111.5%	
01-9410 · Interest Income (GF)	1.01		0.00		1.01		100.0%	
Total Income	122,685.59		152,244.00		-29,558.41		80.6%	
Expense
01-1308 · Dissemination Agent	
0.00		
39.00		
-39.00		
0.0%	
01-1310 · Engineering	10,418.21		6,835.00		3,583.21		152.4%	
01-1311 · Management Fees	6,380.71		12,761.00		-6,380.29		50.0%	
01-1315 · Legal Fees	3,427.37		10,935.00		-7,507.63		31.3%	
01-1317 · Travel and Per Diem	77.08		273.00		-195.92		28.2%	
01-1318 · Assessment/Tax Roll	0.00		1,367.00		-1,367.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1321 · Field Management	3,747.53		7,495.00		-3,747.47		50.0%	
01-1325 · Supervisor Fees	1,114.29		9,257.00		-8,142.71		12.0%	
01-1326 · Payroll Taxes - Supervisors	85.24		0.00		85.24		100.0%	
01-1327 · Payroll Fees - Supervisors	17.81		0.00		17.81		100.0%	
01-1332 · Development Coordinator	1,158.37		2,317.00		-1,158.63		50.0%	
01-1440 · Rents & Leases	6,519.03		3,417.00		3,102.03		190.8%	
01-1450 · Insurance	5,706.00		13,177.00		-7,471.00		43.3%	
01-1480 · Legal Advertisements	149.36		888.00		-738.64		16.8%	
01-1511 · Bank Fees	0.00		92.00		-92.00		0.0%	
01-1512 · Miscellaneous	2,625.81		137.00		2,488.81		1,916.6%	
01-1513 · Postage and Delivery	2.89		55.00		-52.11		5.3%	
01-1514 · Office Supplies	181.59		342.00		-160.41		53.1%	
01-1516 · Copies	52.48		615.00		-562.52		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		4,784.00		-4,784.00		0.0%	
01-1520 · Security	674.37		1,640.00		-965.63		41.1%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	-144.84		547.00		-691.84		-26.5%	
01-1743 · Continuing Disclosure Fee	58.58		59.00		-0.42		99.3%	
01-1801 · Landscaping Maintenance	19,148.81		33,080.00		-13,931.19		57.9%	
01-1802 · Tree/Plant Replacement & Trim	758.45		3,515.00		-2,756.55		21.6%	
01-1805 · Stormwater Management (GF)	0.00		234.00		-234.00		0.0%	
01-1807 · Irrigation Parts & Repair	753.23		976.00		-222.77		77.2%	
01-1808 · Irrigation	2,942.88		5,858.00		-2,915.12		50.2%	
01-1810 · Engineering / Inspections	0.00		3,906.00		-3,906.00		0.0%	
01-1812 · Signage & Amenities Repair	0.00		391.00		-391.00		0.0%	
01-1813 · Wetland Upland Maintenance	230.14		156.00		74.14		147.5%	
01-1814 · Electricity	1,342.95		2,343.00		-1,000.05		57.3%	
01-1815 · Miscellaneous Maintenance	50.38		1,172.00		-1,121.62		4.3%	
01-1816 · Building Maintenance	5.85		391.00		-385.15		1.5%	
01-1817 · Common Area Maintenance	497.61		1,562.00		-1,064.39		31.9%	
01-1818 · Fountain Maintenance & Chemical	64.34		1,562.00		-1,497.66		4.1%	
01-1820 · Contingency	0.00		683.00		-683.00		0.0%	
01-1822 · Pest Control	0.00		254.00		-254.00		0.0%	
01-1823 · Painting	0.00		195.00		-195.00		0.0%	
01-1824 · Fence Repair / Maintenance	0.00		117.00		-117.00		0.0%	
01-1825 · Lake Maintenance	4,816.58		9,463.00		-4,646.42		50.9%	
01-1826 · Streetlights	1,315.84		1,757.00		-441.16		74.9%	
01-1829 · Sidewalk Cleaning	1,754.01		781.00		973.01		224.6%	
01-1830 · Sidewalk Repair	0.00		391.00		-391.00		0.0%	
Total Expense	76,482.95		152,244.00		-75,761.05		50.2%	
Net Income	46,202.64		0.00		46,202.64		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1246	4,813.07	
Total Checking/Savings	4,813.07	
Other Current Assets		
01-1210 · Due from CDD1	44,858.85	
Total Other Current Assets	44,858.85	
Total Current Assets	49,671.92	
TOTAL ASSETS	49,671.92	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
3,469.28	
Net Income	46,202.64	
Total Equity	49,671.92	
TOTAL LIABILITIES & EQUITY	49,671.92	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
7,583.00		
-7,583.00		
0.0%	
01-3100 · Assessments	32,195.18		36,376.00		-4,180.82		88.5%	
01-9410 · Interest Income (GF)	0.87		0.00		0.87		100.0%	
Total Income	32,196.05		43,959.00		-11,762.95		73.2%	
Expense
01-1310 · Engineering	
7,030.55		
4,612.00		
2,418.55		
152.4%	
01-1311 · Management Fees	4,305.91		8,612.00		-4,306.09		50.0%	
01-1315 · Legal Fees	2,312.90		7,379.00		-5,066.10		31.3%	
01-1317 · Travel and Per Diem	52.01		184.00		-131.99		28.3%	
01-1318 · Assessment/Tax Roll	0.00		922.00		-922.00		0.0%	
01-1320 · Audit Fees	0.00		5,000.00		-5,000.00		0.0%	
01-1325 · Supervisor Fees	0.00							
01-1440 · Rents & Leases	4,399.26		2,306.00		2,093.26		190.8%	
01-1450 · Insurance	5,706.00		8,892.00		-3,186.00		64.2%	
01-1480 · Legal Advertisements	100.79		600.00		-499.21		16.8%	
01-1511 · Bank Fees	0.00		62.00		-62.00		0.0%	
01-1512 · Miscellaneous	1,771.98		92.00		1,679.98		1,926.1%	
01-1513 · Postage and Delivery	1.95		37.00		-35.05		5.3%	
01-1514 · Office Supplies	122.54		231.00		-108.46		53.0%	
01-1516 · Copies	35.42		415.00		-379.58		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		3,229.00		-3,229.00		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1820 · Contingency	0.00		461.00		-461.00		0.0%	
Total Expense	26,389.31		43,959.00		-17,569.69		60.0%	
Net Income	5,806.74		0.00		5,806.74		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1254	4,115.84	
Total Checking/Savings	4,115.84	
Other Current Assets		
01-1210 · Due from CDD1	-25,502.26	
Total Other Current Assets	-25,502.26	
Total Current Assets	-21,386.42	
TOTAL ASSETS	-21,386.42	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-27,193.16	
Net Income	5,806.74	
Total Equity	-21,386.42	
TOTAL LIABILITIES & EQUITY	-21,386.42	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Ma...		Budget		$ Over Bud...		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
4,731.00		
-4,731.00		
0.0%	
01-3100 · Assessments	22,056.78		24,921.00		-2,864.22		88.5%	
01-9410 · Interest Income (GF)	0.82							
Total Income	22,057.60		29,652.00		-7,594.40		74.4%	
Expense
01-1310 · Engineering	
4,385.72		
2,877.00		
1,508.72		
152.4%	
01-1311 · Management Fees	2,686.07		5,372.00		-2,685.93		50.0%	
01-1315 · Legal Fees	1,442.81		4,603.00		-3,160.19		31.3%	
01-1317 · Travel and Per Diem	32.45		115.00		-82.55		28.2%	
01-1318 · Assessment/Tax Roll	0.00		575.00		-575.00		0.0%	
01-1320 · Audit Fees	0.00		5,000.00		-5,000.00		0.0%	
01-1325 · Supervisor Fees	0.00							
01-1440 · Rents & Leases	2,744.30		1,439.00		1,305.30		190.7%	
01-1450 · Insurance	5,706.00		5,547.00		159.00		102.9%	
01-1480 · Legal Advertisements	62.87		374.00		-311.13		16.8%	
01-1511 · Bank Fees	0.00		39.00		-39.00		0.0%	
01-1512 · Miscellaneous	1,105.38		58.00		1,047.38		1,905.8%	
01-1513 · Postage and Delivery	1.21		23.00		-21.79		5.3%	
01-1514 · Office Supplies	76.44		144.00		-67.56		53.1%	
01-1516 · Copies	22.09		259.00		-236.91		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		2,014.00		-2,014.00		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1820 · Contingency	0.00		288.00		-288.00		0.0%	
Total Expense	18,815.34		29,652.00		-10,836.66		63.5%	
Net Income	3,242.26		0.00		3,242.26		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1262	3,884.64	
Total Checking/Savings	3,884.64	
Other Current Assets		
01-1210 · Due from CDD1	-13,929.12	
Total Other Current Assets	-13,929.12	
Total Current Assets	-10,044.48	
TOTAL ASSETS	-10,044.48	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-13,286.74	
Net Income	3,242.26	
Total Equity	-10,044.48	
TOTAL LIABILITIES & EQUITY	-10,044.48	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

	Oct '21 - Mar 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Fund Carry Forward	
0.00		
19,755.00		
-19,755.00		
0.0%	
01-3100 · Assessments	75,888.57		85,743.00		-9,854.43		88.5%	
01-9410 · Interest Income (GF)	1.13		0.00		1.13		100.0%	
Total Income	75,889.70		105,498.00		-29,608.30		71.9%	
Expense
01-1310 · Engineering	
18,312.91		
12,014.00		
6,298.91		
152.4%	
01-1311 · Management Fees	11,215.88		22,432.00		-11,216.12		50.0%	
01-1315 · Legal Fees	6,024.57		19,222.00		-13,197.43		31.3%	
01-1317 · Travel and Per Diem	135.49		481.00		-345.51		28.2%	
01-1318 · Assessment/Tax Roll	0.00		2,403.00		-2,403.00		0.0%	
01-1320 · Audit Fees	0.00		5,500.00		-5,500.00		0.0%	
01-1325 · Supervisor Fees	0.00							
01-1440 · Rents & Leases	11,459.04		6,007.00		5,452.04		190.8%	
01-1450 · Insurance	5,706.00		23,162.00		-17,456.00		24.6%	
01-1480 · Legal Advertisements	262.54		1,562.00		-1,299.46		16.8%	
01-1511 · Bank Fees	0.00		161.00		-161.00		0.0%	
01-1512 · Miscellaneous	4,615.60		240.00		4,375.60		1,923.2%	
01-1513 · Postage and Delivery	5.09		96.00		-90.91		5.3%	
01-1514 · Office Supplies	319.19		601.00		-281.81		53.1%	
01-1516 · Copies	92.26		1,081.00		-988.74		8.5%	
01-1518 · Web Site	375.00		750.00		-375.00		50.0%	
01-1519 · Holiday Decorations	0.00		8,410.00		-8,410.00		0.0%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1820 · Contingency	0.00		1,201.00		-1,201.00		0.0%	
Total Expense	58,698.57		105,498.00		-46,799.43		55.6%	
Net Income	17,191.13		0.00		17,191.13		100.0%	

04/20/22	Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1165	5,450.40	
Total Checking/Savings	5,450.40	
Other Current Assets		
01-1210 · Due from CDD1	-54,722.09	
Total Other Current Assets	-54,722.09	
Total Current Assets	-49,271.69	
TOTAL ASSETS	-49,271.69	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-66,462.82	
Net Income	17,191.13	
Total Equity	-49,271.69	
TOTAL LIABILITIES & EQUITY	-49,271.69	

04/20/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through March 2022

Oct '21 - Mar 22	Budget	$ Over Budget	% of Budget
Ordinary Income/Expense Income
01-3300 · Irrigation Revenue	928,281.94		1,650,000.00		-721,718.06		56.3%	
01-3820 · Debt Assess-Paid To Trustee	-184,462.50		-368,025.00		183,562.50		50.1%	
01-9400 · Other Income	16,308.52		0.00		16,308.52		100.0%	
01-9407 · Engineering Revenue Fees	0.00		17,338.00		-17,338.00		0.0%	
01-9410 · Interest Income (GF)	261.41		0.00		261.41		100.0%	
Total Income	760,389.37		1,299,313.00		-538,923.63		58.5%	
Expense
01-1310 · Engineering	
58,382.69		
40,000.00		
18,382.69		
146.0%	
01-1311 · Management Fees	186,004.96		356,060.00		-170,055.04		52.2%	
01-1314 · Professional Fees - Other	0.00		5,000.00		-5,000.00		0.0%	
01-1316 · Field Supplies (Other)	0.00		2,000.00		-2,000.00		0.0%	
01-1317 · Travel and Per Diem	21.50		400.00		-378.50		5.4%	
01-1318 · Vehicle, Gas & Repair	51.31		1,000.00		-948.69		5.1%	
01-1319 · Water	84.03		170.00		-85.97		49.4%	
01-1320 · General Repair & Maintenance	121,085.56		153,000.00		-31,914.44		79.1%	
01-1321 · HVAC	0.00		4,500.00		-4,500.00		0.0%	
01-1322 · Other Utlities	0.00		1,550.00		-1,550.00		0.0%	
01-1324 · Development Coordinator	29,659.98		58,500.00		-28,840.02		50.7%	
01-1332 · Bad Debt	0.00		65,000.00		-65,000.00		0.0%	
01-1335 · City Franchise Fee	67,987.38		109,421.00		-41,433.62		62.1%	
01-1450 · Insurance	0.00		21,102.00		-21,102.00		0.0%	
01-1511 · Bank Fees	15.00		1,250.00		-1,235.00		1.2%	
01-1512 · Miscellaneous	2,367.22		0.00		2,367.22		100.0%	
01-1513 · Postage and Delivery	39.81		253.00		-213.19		15.7%	
01-1514 · Office Supplies	154.65		250.00		-95.35		61.9%	
01-1515 · Telephone	0.00		1,930.00		-1,930.00		0.0%	
01-1516 · Copies	29.70		0.00		29.70		100.0%	
01-1540 · Dues, License & Subscriptions	0.00		2,300.00		-2,300.00		0.0%	
01-1550 · Trustee Fees (GF)	0.00		5,000.00		-5,000.00		0.0%	
01-1744 · Lake Maintenance	885.00		0.00		885.00		100.0%	
01-1801 · Landscaping Maintenance	0.00		11,000.00		-11,000.00		0.0%	
01-1808 · Irrigation Maintenance	8,913.03		0.00		8,913.03		100.0%	
01-1814 · Electricity	56,316.06		105,000.00		-48,683.94		53.6%	
01-1820 · Contingency	0.00		39,627.00		-39,627.00		0.0%	
01-1825 · Renewal and Replacement	19,032.20		200,000.00		-180,967.80		9.5%	
01-1826 · Other System Improvements	0.00		75,000.00		-75,000.00		0.0%	
01-1827 · Operating Reserves/Misc	0.00		40,000.00		-40,000.00		0.0%	
Total Expense	551,030.08		1,299,313.00		-748,282.92		42.4%	
Net Ordinary Income	209,359.29		0.00		209,359.29		100.0%	
Net Income	209,359.29		0.00		209,359.29		100.0%	

Mar 31, 22
ASSETS
Current Assets Checking/Savings
01-1001 · Valley National #4703		
01-1002 · Valley Natl #4307 - Capacity	35,872.57	
01-1001 · Valley National #4703 - Other	1,413,603.42	
Total 01-1001 · Valley National #4703	
1,449,475.99	
Total Checking/Savings	1,449,475.99	
Accounts Receivable		
01-1200 · Accounts Receivable	99,584.83	
Total Accounts Receivable	99,584.83	
Other Current Assets		
01-1201 · Accounts Receivable Prior Mgr B	-1,519.02	
01-2023 · Due From Other Funds	17,900.21	
01-2031 · Construction WIP - Del Webb Exp	11,616.25	
Total Other Current Assets	27,997.44	
Total Current Assets	1,577,058.26	
Fixed Assets		
01-2030 · Equipment and Furniture	23,957.00	
Total Fixed Assets	23,957.00	
Other Assets		
01-2025 · Deposits	95.00	
01-2035 · Accum Depr - Equipment	-14,701.18	
01-2045 · Pulte Del Webb Expansion	-29,920.90	
Total Other Assets	-44,527.08	
TOTAL ASSETS	1,556,488.18	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

46,186.12	
Total Accounts Payable	46,186.12	
Other Current Liabilities		
01-2021 · Accounts Payable (Prior Mgr)	26.02	
01-2024 · Due to Other Funds	20,032.00	
01-2026 · Deposits - Security Deposit	1,390.22	
01-2027 · Deferred Revenue	10,000.00	
Total Other Current Liabilities	31,448.24	
Total Current Liabilities	77,634.36	
Long Term Liabilities		
01-2022 · Revenue Bonds Payable - Long T	170,096.00	
Total Long Term Liabilities	170,096.00	
Total Liabilities	247,730.36	
Equity		
30000 · Net Assets - 270	-87,351.52	
99-9999 · Retained Earnings	1,186,750.05	
Net Income	209,359.29	
Total Equity	1,308,757.82	

Mar 31, 22
TOTAL LIABILITIES & EQUITY	1,556,488.18

04/20/22	A/R Aging Summary
As of March 31, 2022

	Current		1 - 30		31 - 60		61 - 90		> 90		TOTAL	
706800 Wells Fargo	0.00		0.00		32.70		0.00		0.00		32.70	
Aycock at Tradition	0.00		204.13		204.13		204.13		408.26		1,020.65	
Bedford Park	0.00		0.00		8,866.57		0.00		0.00		8,866.57	
Brennity at Tradition	0.00		3,051.97		0.00		0.00		0.00		3,051.97	
Chesterbrook Academy	0.00		134.37		0.00		0.00		0.00		134.37	
Christ Fellowship Church	0.00		1,646.88		0.00		0.00		0.00		1,646.88	
Cleveland Clinic Florida	0.00		443.92		443.92		443.92		887.84		2,219.60	
Cleveland Clinic Martin Health -Tradition	0.00		64.80		0.00		0.00		0.00		64.80	
Del Webb at Tradition Homeowners Assoc	0.00		2,723.84		2,686.25		0.00		0.00		5,410.09	
Estates at Tradition	0.00		5,763.07		5,763.07		0.00		0.00		11,526.14	
Fast Developments, LLC	0.00		0.00		0.00		0.00		342.21		342.21	
Grande Palms at Tradition I & II	0.00		879.92		0.00		0.00		3,519.68		4,399.60	
Grande Palms at Tradition III	0.00		1,708.31		0.00		0.00		6,833.24		8,541.55	
Heartland Dental	0.00		31.71		31.71		0.00		31.32		94.74	
Heritage Oaks	0.00		0.00		0.00		0.00		0.00		0.00	
Heron Preserves	0.00		953.23		926.59		0.00		0.00		1,879.82	
Hilton - Homewood Suites, PSL	0.00		346.82		0.00		0.00		0.00		346.82	
Innovo Development Group, LLC	0.00		188.27		0.00		0.00		0.00		188.27	
Kite Realty Group	0.00		221.96		0.00		0.00		0.00		221.96	
Manderlie at Tradition	0.00		3,517.89		0.00		0.00		-2,652.24		865.65	
Martin Health System	0.00		921.54		921.54		921.54		1,843.08		4,607.70	
Panda Restaurant Group Inc	0.00		57.27		57.27		0.00		0.00		114.54	
Pegasus PSL, Ltd	0.00		283.40		0.00		0.00		0.00		283.40	
Promenade at Tradition Community Assoc	0.00		467.70		467.70		0.00		467.70		1,403.10	
RDP II LLC	0.00		0.00		0.00		0.00		88.09		88.09	
Recovery Sports Grill	0.00		75.31		75.31		75.31		150.62		376.55	
Renaissance CS at Tradition	0.00		768.94		0.00		0.00		0.00		768.94	
Seven Restaurants, LLC	0.00		0.00		0.00		0.00		89.18		89.18	
SG Mini Golf	0.00		158.54		0.00		0.00		0.00		158.54	
Suntrust Bank	0.00		91.16		0.00		0.00		0.00		91.16	
TH PSL Village Parkway LLC	0.00		89.18		89.18		89.18		89.18		356.72	
The Lakes at Tradition	0.00		17,641.98		0.00		0.00		0.00		17,641.98	
The Preserves Phase I & II	0.00		2,140.34		2,118.54		0.00		0.00		4,258.88	
Tradition CDD #1	0.00		12,558.67		0.00		0.00		0.00		12,558.67	
Tradition POA	0.00		0.00		0.00		0.00		0.00		0.00	
Treasure Coast Physicians Properties, LLC	0.00		0.00		0.00		0.00		-65.40		-65.40	
Victoria Parc	0.00		0.00		0.00		0.00		297.64		297.64	
Victoria Parc 2	0.00		0.00		0.00		0.00		184.10		184.10	
Victoria Parc at Tradition HOA	0.00		5,445.99		0.00		0.00		0.00		5,445.99	
Wawa, Inc.	0.00		95.92		0.00		0.00		94.74		190.66	
Westcliffe Estates HOA	0.00		0.00		-120.00		0.00		0.00		-120.00	
TOTAL	0.00		62,677.03		22,564.48		1,734.08		12,609.24		99,584.83	

04/20/22	Long Term Debt Balance Sheet
Accrual Basis	As of March 31, 2022

Mar 31, 22

ASSETS
Other Assets
05-5150 · Amount Available In DSF	

564,579.51	
05-5155 · Amount To Be Provided	5,095,420.49	
Total Other Assets	5,660,000.00	
TOTAL ASSETS	5,660,000.00	
LIABILITIES & EQUITY		
Liabilities
Long Term Liabilities
05-5215 · Special Assessment Debt (2017)	

5,660,000.00	
Total Long Term Liabilities	5,660,000.00	
Total Liabilities	5,660,000.00	
TOTAL LIABILITIES & EQUITY	5,660,000.00