TRADITION COMMUNITY DEVELOPMENT DISTRICTS 1-10

Financial Report For September 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

REVENUES	
O & M ASSESSMENTS - ADMIN & MAINT		
1,379,123	
1,370,854	
99.40%	
DEBT ASSESSMENTS		4,342,633	4,263,528	98.18%	
BOND PREPAYMENTS		0	55,606	0.00%	
INTEREST INCOME		0	4,520	0.00%	
STORMWATER		750,000	882,744	117.70%	
OTHER INCOME		0	122,378	0.00%	
DEVELOPER CONTRIBUTION - BEEP		1,113,700	1,942,841	174.45%	
FUND CARRY FORWARD		576,117	0	0.00%	
Total Revenues		$	8,161,573	$	8,642,471	105.89%	
EXPENDITURES - ADMIN	
AUDIT		
55,000	
32,500	
59.09%	
BANK FEES		670	0	0.00%	
DISSEMINATION AGENT		1,000	0	0.00%	
DISTRICT COUNSEL		80,000	64,230	80.29%	
MANAGEMENT		93,360	93,360	100.00%	
ASSESSMENT ROLL		10,000	12,952	129.52%	
DUES, LICENSES, FEES		1,750	1,750	100.00%	
ENGINEERING		50,000	160,843	321.69% Invoices will be sorted at year end between Admin Eng and Maint Eng below.	
IMPACT FEE ADMINISTRATION			0	0.00%	
GENERAL INSURANCE		96,400	100,384	104.13%	
WEBSITE		7,500	7,500	100.00%	
LEGAL ADVERTISING		6,500	2,609	40.15%	
MISCELLANEOUS		1,000	19,098	1909.79% 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	1,052	52.59%	
OFFICE SUPPLIES		2,500	2,346	93.85%	
POSTAGE AND SHIPPING		400	847	211.79%	
COPIES		4,500	3,113	69.19%	
SUPERVISOR FEES		64,800	21,600	33.33%	
SUPERVISOR PAYROLL TAXES		0	1,652	0.00%	

SUPERVISOR PAYROLL FEES		0	400	100.00%	
TELEPHONE		0	0	100.00%	
TRUSTEE SERVICES		14,000	12,954	92.53% Refund of duplicate payment made in previous ficsal year. Auditors will likley move.	
OFFICE RENT		25,000	88,949	355.80%	
CONTINUING DISCLOSURE FEE		1,500	2,000	133.33%	
CONTINGENCY - ADMIN		5,000	0	0.00%	
BEEP - CAPITAL		720,000	1,627,579	226.05% Developer Funded	
TOTAL ADMIN EXPENSES		1,277,880	2,257,720	176.68%	
EXPENDITURES - MAINT					
LAKE MAINTENANCE		242,300	258,016	106.49%	
BEEP OPERATIONS		393,700	440,716	111.94% Developer Funded	
BUILDING, BRIDGE, MONUMENT MAINT.		10,000	150	1.50%	
CONTINGENCY - MAINT.		30,000	3,670	12.23%	
COMMUNITY AREA MAINTENANCE		40,000	45,570	113.93%	
DEVELOPMENT COORDINATOR		59,320	59,320	100.00%	
PAINTING		5,000	0	0.00%	
FENCE MAINTENANCE		3,000	0	0.00%	
ELECTRIC		60,000	71,331	118.89%	
ENGINEERING - MAINT.		100,000	0	0.00%	
FIELD MANAGEMENT		191,910	191,910	100.00%	
FOUNTAIN MAINTENANCE		40,000	1,648	4.12%	
LANDSCAPING MAINTENANCE & MATERIALS		847,000	932,496	110.09%	
IRRIGATION		150,000	163,263	108.84%	
IRRIGATION PARTS & REPAIR		25,000	47,653	190.61%	
PEST CONTROL		6,500	0	0.00%	
SECURITY		42,000	39,227	93.40%	
SIDEWALK CLEANING		20,000	90,214	451.07% Pressure Clean of Tradition Parkway	
SIDEWALK REPAIR		10,000	4,213	42.13%	
SIGNAGE		10,000	51,399	513.99%	
STREETLIGHTS		45,000	69,490	154.42%	
STORMWATER MANAGEMENT		6,000	0	0.00%	
TREE/PLANT REPLACEMENT & TRIM		90,000	120,008	133.34%	
WETLAND UPLAND MAINTENANCE		4,000	5,893	147.32%	
TOTAL MAINTENANCE EXPENSES		2,430,730	2,596,186	106.81%	

Total Expenditures		$	3,708,610	$	4,853,906	130.88%	

EXCESS / (SHORTFALL)		
$	4,452,963	$	3,788,565	
85.08%	

PAYMENT TO TRUSTEE		
(3,995,223)	(4,033,365)	
100.95%	
BOND PREPAYMENTS		-	(43,239)		
BALANCE		$	457,740	$	(288,039)		

COUNTY APPRAISER & TAX COLLECTOR FEE		
(228,870)	(222,618)	
97.27%	
DISCOUNTS FOR EARLY PAYMENTS		(228,870)	(209,909)	91.72%	
NET EXCESS / (SHORTFALL)		$	-	$	(720,566)		

Oct '21 - Sep 22	Budget	$ Over Budget	% of Budget
Income
01-1610 · BEEP Developer Contribution	1,942,840.70		1,113,700.00		829,140.70		174.4%	
01-3000 · Carry Forward	0.00		6,793.92		-6,793.92		0.0%	
01-3100 · O & M Assessments	218,242.33		139,031.00		79,211.33		157.0%	
01-3810 · Debt Assessments	4,263,528.41		4,342,633.00		-79,104.59		98.2%	
01-3820 · Debt Assess-Paid To Trustee	-4,033,364.66		-3,995,223.00		-38,141.66		101.0%	
01-3830 · Assessment Fees	-222,617.62		-228,870.00		6,252.38		97.3%	
01-3831 · Assessment Discounts	-209,909.14		-228,870.00		18,960.86		91.7%	
01-9000 · Bond Prepayments - Series 2014	55,606.28		0.00		55,606.28		100.0%	
01-9010 · Prepaid Bonds To Trustee (2014)	-43,239.46		0.00		-43,239.46		100.0%	
01-9400 · Other Income	82,161.64		0.00		82,161.64		100.0%	
01-9405 · Stormwater Fees	11,022.53		9,365.00		1,657.53		117.7%	
01-9407 · Engineering Revenue Fees	21,292.00		0.00		21,292.00		100.0%	
01-9408 · Application Fee	18,924.22		0.00		18,924.22		100.0%	
01-9410 · Interest Income (GF)	4,348.84		0.00		4,348.84		100.0%	
Total Income	2,108,836.07		1,158,559.92		950,276.15		182.0%	
Expense
01-1308 · Dissemination Agent	
0.00		
12.00		
-12.00		
0.0%	
01-1310 · Engineering	989.15		307.00		682.15		322.2%	
01-1311 · Management Fees	574.16		574.00		0.16		100.0%	
01-1313 · Field Management	2,396.38		2,396.00		0.38		100.0%	
01-1314 · Consulting Fee	0.00		0.00		0.00		0.0%	
01-1315 · Legal Fees	395.04		492.00		-96.96		80.3%	
01-1317 · Travel and Per Diem	6.51		12.00		-5.49		54.3%	
01-1318 · Assessment/Tax Roll	79.68		61.00		18.68		130.6%	
01-1320 · Audit Fees	199.91		6,500.00		-6,300.09		3.1%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll tax expense	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Processing fees	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	4.05		0.00		4.05		100.0%	
01-1332 · Development Coordinator	740.73		741.49		-0.76		99.9%	
01-1440 · Rents & Leases	547.04		154.49		392.55		354.1%	
01-1450 · Insurance	33,747.00		593.49		33,153.51		5,686.2%	
01-1480 · Legal Advertisements	16.10		40.49		-24.39		39.8%	
01-1511 · Bank Fees	0.00		4.49		-4.49		0.0%	
01-1512 · Miscellaneous	113.50		6.49		107.01		1,748.8%	
01-1513 · Postage and Delivery	5.27		2.49		2.78		211.6%	
01-1514 · Office Supplies	14.48		15.49		-1.01		93.5%	
01-1515 · Telephone	0.00		0.00		0.00		0.0%	
01-1516 · Copies	19.17		28.00		-8.83		68.5%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		215.00		-215.00		0.0%	
01-1520 · Security	489.84		524.00		-34.16		93.5%	
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	161.77

0.00		175.00

0.00		-13.23

0.00		92.4%

0.0%	
01-1600 · BEEP Capital - Other	1,627,578.75		720,000.00		907,578.75		226.1%	
Total 01-1600 · BEEP Capital	
1,627,578.75		
720,000.00		
907,578.75		
226.1%	
01-1606 · BEEP O&M
01-1607 · Insurance	
0.00		
0.00		
0.00		
0.0%	
01-1608 · Legal	15,100.00		0.00		15,100.00		100.0%	
01-1606 · BEEP O&M - Other	425,616.13		393,700.00		31,916.13		108.1%	
Total 01-1606 · BEEP O&M	
440,716.13		
393,700.00		
47,016.13		
111.9%	
01-1743 · Continuing Disclosure Fee	25.00		19.00		6.00		131.6%	
01-1801 · Landscaping Maintenance	11,643.88		10,576.00		1,067.88		110.1%	
01-1802 · Tree/Plant Replacement & Trim	1,498.53		1,124.00		374.53		133.3%	
01-1805 · Stormwater Management (GF)	0.00		75.00		-75.00		0.0%	
01-1807 · Irrigation Parts & Repair	595.07		312.00		283.07		190.7%	
01-1808 · Irrigation	2,038.65		1,873.00		165.65		108.8%	
01-1810 · Engineering / Inspections	0.00		1,249.00		-1,249.00		0.0%	

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
01-1812 · Signage & Amenities Repair	641.84		125.00		516.84		513.5%	
01-1813 · Wetland Upland Maintenance	73.61		50.00		23.61		147.2%	
01-1814 · Electricity	890.73		749.00		141.73		118.9%	
01-1815 · Miscellaneous Maintenance	45.85		0.00		45.85		100.0%	
01-1816 · Building Maintenance	1.91		125.00		-123.09		1.5%	
01-1817 · Common Area Maintenance	569.05		499.00		70.05		114.0%	
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	3,221.81		3,026.00		195.81		106.5%	
01-1827 · Streetlights	867.74		562.00		305.74		154.4%	
01-1829 · Sidewalk Cleaning	1,126.51		250.00		876.51		450.6%	
01-1830 · Sidewalk Repair	52.63		125.00		-72.37		42.1%	
01-1831 · Building, Bridge, Monument Main	0.00		0.00		0.00		0.0%	
6560 · Payroll Expenses	34.65		0.00		34.65		100.0%	
Total Expense	2,136,441.74		1,158,559.92		977,881.82		184.4%	
Net Income	-27,605.67		0.00		-27,605.67		100.0%	

08/19/22	Long Term Debt Balance Sheet
Accrual Basis	As of July 31, 2022

Jul 31, 22

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

4,022,906.43	
05-5152 · Amount Available In DSF-9-2021	-153,170.08	
05-5155 · Amount To Be Provided	35,665,263.65	
Total Other Assets	39,535,000.00	
TOTAL ASSETS	39,535,000.00	
LIABILITIES & EQUITY		
Liabilities
Long Term Liabilities
05-5215 · Special Assessment Debt (2014)	

39,535,000.00	
Total Long Term Liabilities	39,535,000.00	
Total Liabilities	39,535,000.00	
TOTAL LIABILITIES & EQUITY	39,535,000.00	

10/03/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1157	424,005.56	
01-1001 · Synovus CK 4401	1,031,724.14	
01-1003 · Synovus MMA 4902	296,774.60	
Total Checking/Savings	1,752,504.30	
Accounts Receivable		
11000 · Accounts Receivable	177,363.33	
Total Accounts Receivable	177,363.33	
Other Current Assets		
01-1208 · Due From Other Gov Units - Open	999.78	
01-8154 · Deposits	200.00	
Total Other Current Assets	1,199.78	
Total Current Assets	1,931,067.41	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-18,711.00	
Total Other Assets	-18,711.00	
TOTAL ASSETS	1,912,356.41	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

109,057.61	
Total Accounts Payable	109,057.61	
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	-12,456.18	
01-2031 · Due to CDD3	-75,173.32	
01-2032 · Due to CDD4	-79,717.84	
01-2033 · Due to CDD5	-81,231.37	
01-2034 · Due to CDD6	-70,632.22	
01-2035 · Due to CDD7	-32,979.23	
01-2036 · Due to CDD8	-48,581.33	
01-2037 · Due to CDD9	-28,368.18	
01-2038 · Due to CDD10	-114,635.60	
01-3010 · RESERVE - DEPOSITS SIGNAGE	500,000.00	
Total Other Current Liabilities	916,653.17	
Total Current Liabilities	1,025,710.78	
Total Liabilities	1,025,710.78	
Equity		
30000 · Opening Balance Equity	639,977.13	
99-9999 · Retained Earnings	274,274.17	
Net Income	-27,605.67	
Total Equity	886,645.63	
TOTAL LIABILITIES & EQUITY	1,912,356.41	

10/03/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
40,663.00		
-40,663.00		
0.0%	
01-3100 · Assessments	81,444.03		87,625.00		-6,180.97		92.9%	
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	65,978.63		56,057.00		9,921.63		117.7%	
01-9410 · Interest Income (GF)	30.47		0.00		30.47		100.0%	
Total Income	147,453.13		184,345.00		-36,891.87		80.0%	
Expense
01-1308 · Dissemination Agent	
0.00		
75.00		
-75.00		
0.0%	
01-1310 · Engineering	5,920.54		1,840.00		4,080.54		321.8%	
01-1311 · Management Fees	3,436.53		3,437.00		-0.47		100.0%	
01-1315 · Legal Fees	2,364.27		2,945.00		-580.73		80.3%	
01-1317 · Travel and Per Diem	38.71		74.00		-35.29		52.3%	
01-1318 · Assessment/Tax Roll	476.75		368.00		108.75		129.6%	
01-1320 · Audit Fees	1,196.30		5,500.00		-4,303.70		21.8%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Processing Fees	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	23.92		0.00		23.92		100.0%	
01-1332 · Development Coordinator	4,433.70		4,434.00		-0.30		100.0%	
01-1440 · Rents & Leases	3,274.18		920.00		2,354.18		355.9%	
01-1450 · Insurance	11,793.00		3,548.00		8,245.00		332.4%	
01-1480 · Legal Advertisements	96.05		239.00		-142.95		40.2%	
01-1511 · Bank Fees	0.00		25.00		-25.00		0.0%	
01-1512 · Miscellaneous	679.05		37.00		642.05		1,835.3%	
01-1513 · Postage and Delivery	31.18		15.00		16.18		207.9%	
01-1514 · Office Supplies	86.35		92.00		-5.65		93.9%	
01-1516 · Copies	114.60		166.00		-51.40		69.0%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		1,288.00		-1,288.00		0.0%	
01-1520 · Security	2,931.89		3,139.00		-207.11		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	968.19		1,046.00		-77.81		92.6%	
01-1743 · Continuing Disclosure Fee	149.48		112.00		37.48		133.5%	
01-1801 · Landscaping Maintenance	69,696.78		63,307.00		6,389.78		110.1%	
01-1802 · Tree/Plant Replacement & Trim	8,969.61		6,727.00		2,242.61		133.3%	
01-1805 · Stormwater Management (GF)	0.00		448.00		-448.00		0.0%	
01-1807 · Irrigation Parts & Repair	3,561.67		1,869.00		1,692.67		190.6%	
01-1808 · Irrigation	12,202.60		11,211.00		991.60		108.8%	
01-1809 · Field Management	0.00		14,344.00		-14,344.00		0.0%	
01-1810 · Engineering / Inspections	0.00		7,474.00		-7,474.00		0.0%	
01-1812 · Signage & Amenities Repair	3,841.66		747.00		3,094.66		514.3%	
01-1813 · Wetland Upland Maintenance	440.44		299.00		141.44		147.3%	
01-1814 · Electricity	5,331.46		4,485.00		846.46		118.9%	
01-1815 · Miscellaneous Maintenance	274.30		2,242.00		-1,967.70		12.2%	
01-1816 · Building Maintenance	11.21		747.00		-735.79		1.5%	
01-1817 · Common Area Maintenance	3,406.00		2,990.00		416.00		113.9%	
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	19,284.69		18,110.00		1,174.69		106.5%	
01-1826 · Streetlights	5,193.86		3,363.00		1,830.86		154.4%	
01-1829 · Sidewalk Cleaning	6,742.75		1,495.00		5,247.75		451.0%	
01-1830 · Sidewalk Repair	314.85		747.00		-432.15		42.1%	
Total Expense	181,708.72		184,345.00		-2,636.28		98.6%	
Net Income	-34,255.59		0.00		-34,255.59		100.0%	

10/03/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1313	14,343.76	
01-1000 · Valley National 1173	8,597.89	
Total Checking/Savings	22,941.65	
Other Current Assets		
01-1210 · Due from CDD1	-12,456.18	
Total Other Current Assets	-12,456.18	
Total Current Assets	10,485.47	
TOTAL ASSETS	10,485.47	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
4,869.12	
99-9999 · Retained Earnings	39,871.94	
Net Income	-34,255.59	
Total Equity	10,485.47	
TOTAL LIABILITIES & EQUITY	10,485.47	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
120,729.00		
-120,729.00		
0.0%	
01-3100 · Assessments	213,104.69		229,277.00		-16,172.31		92.9%	
01-9405 · Stormwater Fees	195,887.92		166,431.00		29,456.92		117.7%	
01-9410 · Interest Income (GF)	0.06							
Total Income	408,992.67		516,437.00		-107,444.33		79.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
222.00		
-222.00		
0.0%	
01-1310 · Engineering	17,577.94		5,464.00		12,113.94		321.7%	
01-1311 · Management Fees	10,202.97		10,203.00		-0.03		100.0%	
01-1315 · Legal Fees	7,019.46		8,743.00		-1,723.54		80.3%	
01-1317 · Travel and Per Diem	114.94		219.00		-104.06		52.5%	
01-1318 · Assessment/Tax Roll	1,415.46		1,093.00		322.46		129.5%	
01-1320 · Audit Fees	3,551.80		5,500.00		-1,948.20		64.6%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes - Supervisors	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Fees - Supervisors	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	71.03		0.00		71.03		100.0%	
01-1332 · Development Coordinator	13,163.54		13,164.00		-0.46		100.0%	
01-1440 · Rents & Leases	9,720.96		2,732.00		6,988.96		355.8%	
01-1450 · Insurance	8,170.00		10,535.00		-2,365.00		77.6%	
01-1480 · Legal Advertisements	285.17		710.00		-424.83		40.2%	
01-1511 · Bank Fees	0.00		73.00		-73.00		0.0%	
01-1512 · Miscellaneous	2,016.10		109.00		1,907.10		1,849.6%	
01-1513 · Postage and Delivery	92.58		44.00		48.58		210.4%	
01-1514 · Office Supplies	256.39		273.00		-16.61		93.9%	
01-1516 · Copies	340.25		492.00		-151.75		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		3,825.00		-3,825.00		0.0%	
01-1520 · Security	8,704.71		9,320.00		-615.29		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,874.53		3,107.00		-232.47		92.5%	
01-1743 · Continuing Disclosure Fee	443.81		333.00		110.81		133.3%	
01-1801 · Landscaping Maintenance	206,927.91		187,956.00		18,971.91		110.1%	
01-1802 · Tree/Plant Replacement & Trim	26,630.55		19,972.00		6,658.55		133.3%	
01-1805 · Stormwater Management (GF)	0.00		1,331.00		-1,331.00		0.0%	
01-1807 · Irrigation Parts & Repair	10,574.53		5,548.00		5,026.53		190.6%	
01-1808 · Irrigation	36,229.21		33,286.00		2,943.21		108.8%	
01-1809 · Field Management	42,586.25		42,586.00		0.25		100.0%	
01-1810 · Engineering / Inspections	0.00		22,191.00		-22,191.00		0.0%	
01-1812 · Signage & Amenities Repair	11,405.80		2,219.00		9,186.80		514.0%	
01-1813 · Wetland Upland Maintenance	1,307.67		888.00		419.67		147.3%	
01-1814 · Electricity	15,828.97		13,314.00		2,514.97		118.9%	
01-1815 · Miscellaneous Maintenance	814.40		6,657.00		-5,842.60		12.2%	
01-1816 · Building Maintenance	33.28		2,219.00		-2,185.72		1.5%	
01-1817 · Common Area Maintenance	10,112.33		8,876.00		1,236.33		113.9%	
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	57,255.75		53,768.00		3,487.75		106.5%	
01-1826 · Streetlights	15,420.44		9,986.00		5,434.44		154.4%	
01-1829 · Sidewalk Cleaning	20,019.06		4,438.00		15,581.06		451.1%	
01-1830 · Sidewalk Repair	934.78		2,219.00		-1,284.22		42.1%	
Total Expense	546,767.19		516,437.00		30,330.19		105.9%	
Net Income	-137,774.52		0.00		-137,774.52		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1181	18.44	
Total Checking/Savings	18.44	
Other Current Assets		
01-1210 · Due from CDD1	-75,173.32	
Total Other Current Assets	-75,173.32	
Total Current Assets	-75,154.88	
TOTAL ASSETS	-75,154.88	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
1,295.39	
99-9999 · Retained Earnings	61,324.25	
Net Income	-137,774.52	
Total Equity	-75,154.88	
TOTAL LIABILITIES & EQUITY	-75,154.88	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
122,183.98		
-122,183.98		
0.0%	
01-3100 · Assessments	215,498.11		231,854.00		-16,355.89		92.9%	
01-9405 · Stormwater Fees	198,248.97		168,437.00		29,811.97		117.7%	
01-9410 · Interest Income (GF)	5.35		0.00		5.35		100.0%	
Total Income	413,752.43		522,474.98		-108,722.55		79.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
225.00		
-225.00		
0.0%	
01-1310 · Engineering	17,789.90		5,530.00		12,259.90		321.7%	
01-1311 · Management Fees	10,325.99		10,326.00		-0.01		100.0%	
01-1315 · Legal Fees	7,104.10		8,848.00		-1,743.90		80.3%	
01-1317 · Travel and Per Diem	116.33		221.00		-104.67		52.6%	
01-1318 · Assessment/Tax Roll	1,432.53		1,106.00		326.53		129.5%	
01-1320 · Audit Fees	3,594.63		5,500.00		-1,905.37		65.4%	
01-1321 · Field Management	43,099.75		43,100.00		-0.25		100.0%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes - Supervisors	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Fees - Supervisors	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	71.89		0.00		71.89		100.0%	
01-1332 · Development Coordinator	13,322.26		13,322.00		0.26		100.0%	
01-1440 · Rents & Leases	9,838.17		2,765.49		7,072.68		355.7%	
01-1450 · Insurance	8,022.00		10,662.49		-2,640.49		75.2%	
01-1480 · Legal Advertisements	288.61		719.00		-430.39		40.1%	
01-1511 · Bank Fees	0.00		74.00		-74.00		0.0%	
01-1512 · Miscellaneous	2,040.41		111.00		1,929.41		1,838.2%	
01-1513 · Postage and Delivery	93.69		44.00		49.69		212.9%	
01-1514 · Office Supplies	259.49		277.00		-17.51		93.7%	
01-1516 · Copies	344.35		498.00		-153.65		69.1%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		3,871.00		-3,871.00		0.0%	
01-1520 · Security	8,809.67		9,432.00		-622.33		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,909.19		3,144.00		-234.81		92.5%	
01-1743 · Continuing Disclosure Fee	449.16		337.00		112.16		133.3%	
01-1801 · Landscaping Maintenance	209,423.02		190,222.00		19,201.02		110.1%	
01-1802 · Tree/Plant Replacement & Trim	26,951.66		20,212.00		6,739.66		133.3%	
01-1805 · Stormwater Management (GF)	0.00		1,347.00		-1,347.00		0.0%	
01-1807 · Irrigation Parts & Repair	10,702.03		5,615.00		5,087.03		190.6%	
01-1808 · Irrigation	36,666.05		33,687.00		2,979.05		108.8%	
01-1810 · Engineering / Inspections	0.00		22,458.00		-22,458.00		0.0%	
01-1812 · Signage & Amenities Repair	11,543.33		2,246.00		9,297.33		514.0%	
01-1813 · Wetland Upland Maintenance	1,323.44		898.00		425.44		147.4%	
01-1814 · Electricity	16,019.83		13,475.00		2,544.83		118.9%	
01-1815 · Miscellaneous Maintenance	824.22		6,737.00		-5,912.78		12.2%	
01-1816 · Building Maintenance	33.68		2,246.00		-2,212.32		1.5%	
01-1817 · Common Area Maintenance	10,234.27		8,983.00		1,251.27		113.9%	
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	57,946.13		54,417.00		3,529.13		106.5%	
01-1826 · Streetlights	15,606.38		10,106.00		5,500.38		154.4%	
01-1829 · Sidewalk Cleaning	20,260.45		4,492.00		15,768.45		451.0%	
01-1830 · Sidewalk Repair	946.05		2,246.00		-1,299.95		42.1%	
Total Expense	553,061.69		522,474.98		30,586.71		105.9%	
Net Income	-139,309.26		0.00		-139,309.26		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1211	1,515.26	
Total Checking/Savings	1,515.26	
Other Current Assets		
01-1210 · Due from CDD1	-79,717.84	
Total Other Current Assets	-79,717.84	
Total Current Assets	-78,202.58	
TOTAL ASSETS	-78,202.58	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
1,491.35	
99-9999 · Retained Earnings	59,615.33	
Net Income	-139,309.26	
Total Equity	-78,202.58	
TOTAL LIABILITIES & EQUITY	-78,202.58	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
121,313.00		
-121,313.00		
0.0%	
01-3100 · Assessments	214,062.40		230,309.00		-16,246.60		92.9%	
01-9405 · Stormwater Fees	196,831.87		167,233.00		29,598.87		117.7%	
01-9410 · Interest Income (GF)	11.43							
Total Income	410,905.70		518,855.00		-107,949.30		79.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
223.00		
-223.00		
0.0%	
01-1310 · Engineering	17,662.72		5,491.00		12,171.72		321.7%	
01-1311 · Management Fees	10,252.18		10,252.00		0.18		100.0%	
01-1315 · Legal Fees	7,053.31		8,785.00		-1,731.69		80.3%	
01-1317 · Travel and Per Diem	115.50		220.00		-104.50		52.5%	
01-1318 · Assessment/Tax Roll	1,422.29		1,098.00		324.29		129.5%	
01-1320 · Audit Fees	3,568.93		5,500.00		-1,931.07		64.9%	
01-1321 · Field Management	42,791.65		42,792.00		-0.35		100.0%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes - Supervisors	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Fees - Supervisors	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	71.37		0.00		71.37		100.0%	
01-1332 · Development Coordinator	13,227.03		13,227.00		0.03		100.0%	
01-1440 · Rents & Leases	9,767.84		2,745.00		7,022.84		355.8%	
01-1450 · Insurance	7,442.00		10,586.00		-3,144.00		70.3%	
01-1480 · Legal Advertisements	286.55		714.00		-427.45		40.1%	
01-1511 · Bank Fees	0.00		74.00		-74.00		0.0%	
01-1512 · Miscellaneous	2,025.82		110.00		1,915.82		1,841.7%	
01-1513 · Postage and Delivery	93.02		44.00		49.02		211.4%	
01-1514 · Office Supplies	257.63		275.00		-17.37		93.7%	
01-1516 · Copies	341.89		494.00		-152.11		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		3,843.00		-3,843.00		0.0%	
01-1520 · Security	8,746.69		9,365.00		-618.31		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,888.39		3,122.00		-233.61		92.5%	
01-1743 · Continuing Disclosure Fee	445.95		334.00		111.95		133.5%	
01-1801 · Landscaping Maintenance	207,925.95		188,862.00		19,063.95		110.1%	
01-1802 · Tree/Plant Replacement & Trim	26,759.00		20,068.00		6,691.00		133.3%	
01-1805 · Stormwater Management (GF)	0.00		1,338.00		-1,338.00		0.0%	
01-1807 · Irrigation Parts & Repair	10,625.53		5,574.00		5,051.53		190.6%	
01-1808 · Irrigation	36,403.95		33,447.00		2,956.95		108.8%	
01-1810 · Engineering / Inspections	0.00		22,298.00		-22,298.00		0.0%	
01-1812 · Signage & Amenities Repair	11,460.81		2,230.00		9,230.81		513.9%	
01-1813 · Wetland Upland Maintenance	1,313.98		892.00		421.98		147.3%	
01-1814 · Electricity	15,905.31		13,379.00		2,526.31		118.9%	
01-1815 · Miscellaneous Maintenance	818.32		6,689.00		-5,870.68		12.2%	
01-1816 · Building Maintenance	33.44		2,230.00		-2,196.56		1.5%	
01-1817 · Common Area Maintenance	10,161.11		8,919.00		1,242.11		113.9%	
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	57,531.90		54,028.00		3,503.90		106.5%	
01-1826 · Streetlights	15,494.81		10,034.00		5,460.81		154.4%	
01-1829 · Sidewalk Cleaning	20,115.62		4,460.00		15,655.62		451.0%	
01-1830 · Sidewalk Repair	939.29		2,230.00		-1,290.71		42.1%	
Total Expense	548,616.17		518,855.00		29,761.17		105.7%	
Net Income	-137,710.47		0.00		-137,710.47		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1203	3,226.20	
Total Checking/Savings	3,226.20	
Other Current Assets		
01-1210 · Due from CDD1	-81,231.38	
Total Other Current Assets	-81,231.38	
Total Current Assets	-78,005.18	
TOTAL ASSETS	-78,005.18	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
559.76	
99-9999 · Retained Earnings	59,145.53	
Net Income	-137,710.47	
Total Equity	-78,005.18	
TOTAL LIABILITIES & EQUITY	-78,005.18	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
111,117.00		
-111,117.00		
0.0%	
01-3100 · Assessments	197,305.00		212,280.00		-14,975.00		92.9%	
01-9405 · Stormwater Fees	180,298.67		153,186.00		27,112.67		117.7%	
01-9410 · Interest Income (GF)	58.59		0.00		58.59		100.0%	
Total Income	377,662.26		476,583.00		-98,920.74		79.2%	
Expense
01-1308 · Dissemination Agent	
0.00		
204.00		
-204.00		
0.0%	
01-1310 · Engineering	16,179.06		5,029.00		11,150.06		321.7%	
01-1311 · Management Fees	9,391.00		9,391.00		0.00		100.0%	
01-1315 · Legal Fees	6,460.83		8,047.00		-1,586.17		80.3%	
01-1317 · Travel and Per Diem	105.80		201.00		-95.20		52.6%	
01-1318 · Assessment/Tax Roll	1,302.81		1,006.00		296.81		129.5%	
01-1320 · Audit Fees	3,269.14		5,500.00		-2,230.86		59.4%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes - Supervisors	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Fees - Supervisors	52.24		0.00		52.24		100.0%	
01-1329 · Development Coordinator	12,115.96		12,116.00		-0.04		100.0%	
01-1330 · Arbitrage Rebate Fee	65.38		0.00		65.38		100.0%	
01-1332 · Management Fees - SpikeRush	0.00							
01-1337 · Lake Maintenance	0.00		49,489.00		-49,489.00		0.0%	
01-1440 · Rents & Leases	8,947.35		2,515.00		6,432.35		355.8%	
01-1450 · Insurance	8,386.00		9,697.00		-1,311.00		86.5%	
01-1480 · Legal Advertisements	262.48		654.00		-391.52		40.1%	
01-1511 · Bank Fees	0.00		67.00		-67.00		0.0%	
01-1512 · Miscellaneous	1,855.66		101.00		1,754.66		1,837.3%	
01-1513 · Postage and Delivery	85.21		40.00		45.21		213.0%	
01-1514 · Office Supplies	235.99		251.00		-15.01		94.0%	
01-1516 · Copies	313.17		453.00		-139.83		69.1%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		3,521.00		-3,521.00		0.0%	
01-1520 · Security	8,011.97		8,578.00		-566.03		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	2,645.77		2,859.00		-213.23		92.5%	
01-1743 · Continuing Disclosure Fee	408.49		306.00		102.49		133.5%	
01-1801 · Landscaping Maintenance	190,460.17		172,998.00		17,462.17		110.1%	
01-1802 · Tree/Plant Replacement & Trim	24,511.24		18,382.00		6,129.24		133.3%	
01-1805 · Stormwater Management (GF)	0.00		1,225.00		-1,225.00		0.0%	
01-1807 · Irrigation Parts & Repair	9,732.98		5,106.00		4,626.98		190.6%	
01-1808 · Irrigation	33,346.01		30,637.00		2,709.01		108.8%	
01-1809 · Field Management	39,197.15		39,197.00		0.15		100.0%	
01-1810 · Engineering / Inspections	0.00		20,425.00		-20,425.00		0.0%	
01-1812 · Signage & Amenities Repair	10,498.11		2,042.00		8,456.11		514.1%	
01-1813 · Wetland Upland Maintenance	1,203.61		817.00		386.61		147.3%	
01-1814 · Electricity	14,569.27		12,255.00		2,314.27		118.9%	
01-1815 · Miscellaneous Maintenance	749.58		6,127.00		-5,377.42		12.2%	
01-1816 · Building Maintenance	30.63		2,042.00		-2,011.37		1.5%	
01-1817 · Common Area Maintenance	9,307.57		8,170.00		1,137.57		113.9%	
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	66,892.47		9,191.00		57,701.47		727.8%	
01-1829 · Sidewalk Cleaning	18,425.91		4,085.00		14,340.91		451.1%	
01-1830 · Sidewalk Repair	860.39		2,042.00		-1,181.61		42.1%	
Total Expense	504,462.69		476,583.00		27,879.69		105.8%	
Net Income	-126,800.43		0.00		-126,800.43		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1238	16,531.90	
Total Checking/Savings	16,531.90	
Other Current Assets		
01-1210 · Due from CDD1
01-1211 · Due From CDD1 - Spikerush	
9,742.24	
01-1210 · Due from CDD1 - Other	-80,374.45	
Total 01-1210 · Due from CDD1	
-70,632.21	
Total Other Current Assets	-70,632.21	
Total Current Assets	-54,100.31	
TOTAL ASSETS	-54,100.31	
LIABILITIES & EQUITY		
Equity
30000 · Opening Balance Equity	
970.27	
99-9999 · Retained Earnings	71,729.85	
Net Income	-126,800.43	
Total Equity	-54,100.31	
TOTAL LIABILITIES & EQUITY	-54,100.31	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
21,248.00		
-21,248.00		
0.0%	
01-3100 · Assessments	94,530.19		101,705.00		-7,174.81		92.9%	
01-9405 · Stormwater Fees	34,475.27		29,291.00		5,184.27		117.7%	
01-9410 · Interest Income (GF)	17.12		0.00		17.12		100.0%	
Total Income	129,022.58		152,244.00		-23,221.42		84.7%	
Expense
01-1308 · Dissemination Agent	
0.00		
39.00		
-39.00		
0.0%	
01-1310 · Engineering	21,985.72		6,835.00		15,150.72		321.7%	
01-1311 · Management Fees	12,761.43		12,761.00		0.43		100.0%	
01-1315 · Legal Fees	8,779.63		10,935.00		-2,155.37		80.3%	
01-1317 · Travel and Per Diem	143.77		273.00		-129.23		52.7%	
01-1318 · Assessment/Tax Roll	1,770.40		1,367.00		403.40		129.5%	
01-1320 · Audit Fees	4,442.44		5,500.00		-1,057.56		80.8%	
01-1321 · Field Management	7,495.06		7,495.00		0.06		100.0%	
01-1325 · Supervisor Fees	3,085.71		9,257.00		-6,171.29		33.3%	
01-1326 · Payroll Taxes - Supervisors	236.06		0.00		236.06		100.0%	
01-1327 · Payroll Fees - Supervisors	52.24		0.00		52.24		100.0%	
01-1330 · Arbitrage Rebate Fee	88.84		0.00		88.84		100.0%	
01-1332 · Development Coordinator	2,316.74		2,317.00		-0.26		100.0%	
01-1440 · Rents & Leases	12,158.55		3,417.00		8,741.55		355.8%	
01-1450 · Insurance	5,706.00		13,177.00		-7,471.00		43.3%	
01-1480 · Legal Advertisements	356.68		888.00		-531.32		40.2%	
01-1511 · Bank Fees	0.00		92.00		-92.00		0.0%	
01-1512 · Miscellaneous	2,521.65		137.00		2,384.65		1,840.6%	
01-1513 · Postage and Delivery	115.79		55.00		60.79		210.5%	
01-1514 · Office Supplies	320.69		342.00		-21.31		93.8%	
01-1516 · Copies	425.57		615.00		-189.43		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
01-1519 · Holiday Decorations	0.00		4,784.00		-4,784.00		0.0%	
01-1520 · Security	1,532.00		1,640.00		-108.00		93.4%	
01-1540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 · Trustee Fees (GF)	505.91		547.00		-41.09		92.5%	
01-1743 · Continuing Disclosure Fee	78.11		59.00		19.11		132.4%	
01-1801 · Landscaping Maintenance	36,418.75		33,080.00		3,338.75		110.1%	
01-1802 · Tree/Plant Replacement & Trim	4,686.90		3,515.00		1,171.90		133.3%	
01-1805 · Stormwater Management (GF)	0.00		234.00		-234.00		0.0%	
01-1807 · Irrigation Parts & Repair	1,861.08		976.00		885.08		190.7%	
01-1808 · Irrigation	6,376.24		5,858.00		518.24		108.8%	
01-1810 · Engineering / Inspections	0.00		3,906.00		-3,906.00		0.0%	
01-1812 · Signage & Amenities Repair	2,007.39		391.00		1,616.39		513.4%	
01-1813 · Wetland Upland Maintenance	230.14		156.00		74.14		147.5%	
01-1814 · Electricity	2,785.85		2,343.00		442.85		118.9%	
01-1815 · Miscellaneous Maintenance	143.33		1,172.00		-1,028.67		12.2%	
01-1816 · Building Maintenance	5.85		391.00		-385.15		1.5%	
01-1817 · Common Area Maintenance	1,779.74		1,562.00		217.74		113.9%	
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	10,076.85		9,463.00		613.85		106.5%	
01-1826 · Streetlights	2,713.95		1,757.00		956.95		154.5%	
01-1829 · Sidewalk Cleaning	3,523.30		781.00		2,742.30		451.1%	
01-1830 · Sidewalk Repair	164.51		391.00		-226.49		42.1%	
Total Expense	160,642.21		152,244.00		8,398.21		105.5%	
Net Income	-31,619.63		0.00		-31,619.63		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1246	4,829.18	
Total Checking/Savings	4,829.18	
Other Current Assets		
01-1210 · Due from CDD1	-32,979.53	
Total Other Current Assets	-32,979.53	
Total Current Assets	-28,150.35	
TOTAL ASSETS	-28,150.35	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
3,469.28	
Net Income	-31,619.63	
Total Equity	-28,150.35	
TOTAL LIABILITIES & EQUITY	-28,150.35	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
7,583.00		
-7,583.00		
0.0%	
01-3100 · Assessments	33,809.81		36,376.00		-2,566.19		92.9%	
01-9410 · Interest Income (GF)	14.66		0.00		14.66		100.0%	
Total Income	33,824.47		43,959.00		-10,134.53		76.9%	
Expense
01-1310 · Engineering	
14,836.69		
4,612.00		
10,224.69		
321.7%	
01-1311 · Management Fees	8,611.83		8,612.00		-0.17		100.0%	
01-1315 · Legal Fees	5,924.78		7,379.00		-1,454.22		80.3%	
01-1317 · Travel and Per Diem	97.02		184.00		-86.98		52.7%	
01-1318 · Assessment/Tax Roll	1,194.72		922.00		272.72		129.6%	
01-1320 · Audit Fees	2,997.90		5,000.00		-2,002.10		60.0%	
01-1325 · Supervisor Fees	0.00		0.00		0.00		0.0%	
01-1330 · Arbitrage Rebate Fee	59.95		0.00		59.95		100.0%	
01-1440 · Rents & Leases	8,204.99		2,306.00		5,898.99		355.8%	
01-1450 · Insurance	5,706.00		8,892.00		-3,186.00		64.2%	
01-1480 · Legal Advertisements	240.70		600.00		-359.30		40.1%	
01-1511 · Bank Fees	0.00		62.00		-62.00		0.0%	
01-1512 · Miscellaneous	1,701.69		92.00		1,609.69		1,849.7%	
01-1513 · Postage and Delivery	78.14		37.00		41.14		211.2%	
01-1514 · Office Supplies	216.41		231.00		-14.59		93.7%	
01-1516 · Copies	287.19		415.00		-127.81		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
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	51,083.01		43,959.00		7,124.01		116.2%	
Net Income	-17,258.54		0.00		-17,258.54		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1254	4,129.63	
Total Checking/Savings	4,129.63	
Other Current Assets		
01-1210 · Due from CDD1	-48,581.33	
Total Other Current Assets	-48,581.33	
Total Current Assets	-44,451.70	
TOTAL ASSETS	-44,451.70	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-27,193.16	
Net Income	-17,258.54	
Total Equity	-44,451.70	
TOTAL LIABILITIES & EQUITY	-44,451.70	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 22		Budget		$ Over Budget		% of Budget	
Income
01-3000 · Carry Forward	
0.00		
4,731.00		
-4,731.00		
0.0%	
01-3100 · Assessments	23,162.96		24,921.00		-1,758.04		92.9%	
01-9410 · Interest Income (GF)	13.82							
Total Income	23,176.78		29,652.00		-6,475.22		78.2%	
Expense
01-1310 · Engineering	
9,255.27		
2,877.00		
6,378.27		
321.7%	
01-1311 · Management Fees	5,372.14		5,372.00		0.14		100.0%	
01-1315 · Legal Fees	3,695.93		4,603.00		-907.07		80.3%	
01-1317 · Travel and Per Diem	60.52		115.00		-54.48		52.6%	
01-1318 · Assessment/Tax Roll	745.28		575.00		170.28		129.6%	
01-1320 · Audit Fees	1,870.12		5,000.00		-3,129.88		37.4%	
01-1325 · Supervisor Fees	0.00		0.00		0.00		0.0%	
01-1330 · Arbitrage Rebate Fee	37.40		0.00		37.40		100.0%	
01-1440 · Rents & Leases	5,118.35		1,439.00		3,679.35		355.7%	
01-1450 · Insurance	5,706.00		5,547.00		159.00		102.9%	
01-1480 · Legal Advertisements	150.15		374.00		-223.85		40.1%	
01-1511 · Bank Fees	0.00		39.00		-39.00		0.0%	
01-1512 · Miscellaneous	1,061.53		58.00		1,003.53		1,830.2%	
01-1513 · Postage and Delivery	48.74		23.00		25.74		211.9%	
01-1514 · Office Supplies	135.00		144.00		-9.00		93.8%	
01-1516 · Copies	179.15		259.00		-79.85		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
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	34,360.58		29,652.00		4,708.58		115.9%	
Net Income	-11,183.80		0.00		-11,183.80		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1262	3,897.64	
Total Checking/Savings	3,897.64	
Other Current Assets		
01-1210 · Due from CDD1	-28,368.18	
Total Other Current Assets	-28,368.18	
Total Current Assets	-24,470.54	
TOTAL ASSETS	-24,470.54	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-13,286.74	
Net Income	-11,183.80	
Total Equity	-24,470.54	
TOTAL LIABILITIES & EQUITY	-24,470.54	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

	Oct '21 - Sep 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	79,694.50		85,743.00		-6,048.50		92.9%	
01-9410 · Interest Income (GF)	19.36		0.00		19.36		100.0%	
Total Income	79,713.86		105,498.00		-25,784.14		75.6%	
Expense
01-1310 · Engineering	
38,646.05		
12,014.00		
26,632.05		
321.7%	
01-1311 · Management Fees	22,431.77		22,432.00		-0.23		100.0%	
01-1315 · Legal Fees	15,432.65		19,222.00		-3,789.35		80.3%	
01-1317 · Travel and Per Diem	252.72		481.00		-228.28		52.5%	
01-1318 · Assessment/Tax Roll	3,111.97		2,403.00		708.97		129.5%	
01-1320 · Audit Fees	7,808.83		5,500.00		2,308.83		142.0%	
01-1325 · Supervisor Fees	0.00		0.00		0.00		0.0%	
01-1330 · Arbitrage Rebate Fee	156.17		0.00		156.17		100.0%	
01-1440 · Rents & Leases	21,372.05		6,007.00		15,365.05		355.8%	
01-1450 · Insurance	5,706.00		23,162.00		-17,456.00		24.6%	
01-1480 · Legal Advertisements	626.97		1,562.00		-935.03		40.1%	
01-1511 · Bank Fees	0.00		161.00		-161.00		0.0%	
01-1512 · Miscellaneous	4,432.51		240.00		4,192.51		1,846.9%	
01-1513 · Postage and Delivery	203.54		96.00		107.54		212.0%	
01-1514 · Office Supplies	563.70		601.00		-37.30		93.8%	
01-1516 · Copies	748.06		1,081.00		-332.94		69.2%	
01-1518 · Web Site	750.00		750.00		0.00		100.0%	
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	122,417.99		105,498.00		16,919.99		116.0%	
Net Income	-42,704.13		0.00		-42,704.13		100.0%	

10/04/22	Balance Sheet
Accrual Basis	As of September 30, 2022

Sep 30, 22
ASSETS
Current Assets
Checking/Savings		
01-1000 · Valley National 1165	5,468.63	
Total Checking/Savings	5,468.63	
Other Current Assets		
01-1210 · Due from CDD1	-114,635.58	
Total Other Current Assets	-114,635.58	
Total Current Assets	-109,166.95	
TOTAL ASSETS	-109,166.95	
LIABILITIES & EQUITY		
Equity
99-9999 · Retained Earnings	
-66,462.82	
Net Income	-42,704.13	
Total Equity	-109,166.95	
TOTAL LIABILITIES & EQUITY	-109,166.95	

10/04/22	Profit & Loss Budget vs. Actual
Accrual Basis	October 2021 through September 2022

Oct '21 - Sep 22	Budget	$ Over Budget	% of Budget
Ordinary Income/Expense Income
01-3300 · Irrigation Revenue	1,889,618.84		1,650,000.00		239,618.84		114.5%	
01-3820 · Debt Assess-Paid To Trustee	-368,925.00		-368,025.00		-900.00		100.2%	
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)	4,311.88		0.00		4,311.88		100.0%	
Total Income	1,541,314.24		1,299,313.00		242,001.24		118.6%	
Gross Profit	1,541,314.24		1,299,313.00		242,001.24		118.6%	
Expense
01-1310 · Engineering	
99,235.37		
40,000.00		
59,235.37		
248.1%	
01-1311 · Management Fees	367,859.92		356,060.00		11,799.92		103.3%	
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	192.18		170.00		22.18		113.0%	
01-1320 · General Repair & Maintenance	132,637.52		153,000.00		-20,362.48		86.7%	
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	59,319.96		58,500.00		819.96		101.4%	
01-1332 · Bad Debt	0.00		65,000.00		-65,000.00		0.0%	
01-1335 · City Franchise Fee	145,631.41		109,421.00		36,210.41		133.1%	
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	4,422.32		0.00		4,422.32		100.0%	
01-1513 · Postage and Delivery	174.84		253.00		-78.16		69.1%	
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	103.95		0.00		103.95		100.0%	
01-1540 · Dues, License & Subscriptions	0.00		2,300.00		-2,300.00		0.0%	
01-1550 · Trustee Fees (GF)	4,246.25		5,000.00		-753.75		84.9%	
01-1744 · Lake Maintenance	3,825.00		0.00		3,825.00		100.0%	
01-1801 · Landscaping Maintenance	0.00		11,000.00		-11,000.00		0.0%	
01-1807 · Irrigation Parts & Repair	27,065.16							
01-1808 · Irrigation Maintenance	4,429.17		0.00		4,429.17		100.0%	
01-1814 · Electricity	138,289.00		105,000.00		33,289.00		131.7%	
01-1820 · Contingency	0.00		39,627.00		-39,627.00		0.0%	
01-1825 · Renewal and Replacement	473,427.87		200,000.00		273,427.87		236.7%	
01-1826 · Other System Improvements	74,396.16		75,000.00		-603.84		99.2%	
01-1827 · Operating Reserves/Misc	0.00		40,000.00		-40,000.00		0.0%	
Total Expense	1,535,498.54		1,299,313.00		236,185.54		118.2%	
Net Ordinary Income	5,815.70		0.00		5,815.70		100.0%	
Net Income	5,815.70		0.00		5,815.70		100.0%	

Sep 30, 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	1,082,180.72	
Total 01-1001 · Valley National #4703	
1,118,053.29	
Total Checking/Savings	1,118,053.29	
Accounts Receivable		
01-1200 · Accounts Receivable	229,984.68	
Total Accounts Receivable	229,984.68	
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	1,376,035.41	
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	-19,492.18	
01-2045 · Pulte Del Webb Expansion	-29,920.90	
Total Other Assets	-49,318.08	
TOTAL ASSETS	1,350,674.33	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

70,206.86	
Total Accounts Payable	70,206.86	
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	101,655.10	
Long Term Liabilities		
01-2022 · Revenue Bonds Payable - Long T	170,096.00	
11-2180 · Note Payable	135,470.00	
Total Long Term Liabilities	305,566.00	
Total Liabilities	407,221.10	
Equity		
30000 · Net Assets - 270	-87,351.52	
99-9999 · Retained Earnings	1,024,989.05	
Net Income	5,815.70	
Total Equity	943,453.23	

Sep 30, 22
TOTAL LIABILITIES & EQUITY	1,350,674.33

10/04/22	A/R Aging Summary
As of September 30, 2022

	Current		1 - 30		31 - 60		61 - 90		> 90		TOTAL	
706800 Wells Fargo	0.00		32.70		0.00		0.00		0.00		32.70	
Ardie R. Copas, State Veterans Nursing	0.00		1,024.59		0.00		0.00		0.00		1,024.59	
Aycock at Tradition	0.00		204.13		204.13		204.13		0.00		612.39	
Bedford Park	0.00		8,866.57		0.00		0.00		0.00		8,866.57	
Brennity at Tradition	0.00		3,051.97		0.00		0.00		0.00		3,051.97	
Cellular Sales of Northern Florida LLC	0.00		86.41		0.00		0.00		0.00		86.41	
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		2,219.60		3,551.36	
Cleveland Clinic Martin Health -Tradition	0.00		64.80		0.00		64.80		194.40		324.00	
Culver's - G&S Family Hospitality Svcs	0.00		73.33		0.00		0.00		0.00		73.33	
Del Webb at Tradition Homeowners Assoc	0.00		3,422.43		0.00		0.00		0.00		3,422.43	
Estates at Tradition	0.00		5,763.07		0.00		0.00		0.00		5,763.07	
Fast Developments, LLC	0.00		0.00		0.00		0.00		342.21		342.21	
Florida International University	0.00		1,091.97		1,091.97		1,091.97		2,183.94		5,459.85	
Grande Palms at Tradition I & II	0.00		879.92		0.00		0.00		1,759.84		2,639.76	
Grande Palms at Tradition III	0.00		1,708.31		0.00		0.00		0.00		1,708.31	
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	
Heritage Oaks at Tradition HOA	0.00		0.00		11,857.11		11,857.11		11,857.11		35,571.33	
Heron Preserves	0.00		1,023.36		1,023.36		1,023.36		1,976.59		5,046.67	
Hilton - Homewood Suites, PSL	0.00		346.82		0.00		0.00		0.00		346.82	
Innovation Plaza	0.00		119.30		0.00		0.00		0.00		119.30	
Innovo Development Group, LLC	0.00		188.27		0.00		0.00		0.00		188.27	
Kite Realty Group	0.00		2,815.73		0.00		0.00		0.00		2,815.73	
Manderlie at Tradition	0.00		5,938.66		0.00		0.00		2,720.61		8,659.27	
Martin Health System	0.00		921.54		921.54		921.54		921.54		3,686.16	
O & A Florida Investments, LLC	0.00		52.91		0.00		0.00		0.00		52.91	
Panaderias, LLC	0.00		97.11		97.11		0.00		0.00		194.22	
Panda Restaurant Group Inc	0.00		57.27		57.27		0.00		0.00		114.54	
Pegasus PSL, Ltd	0.00		283.40		283.40		0.00		0.00		566.80	
PRIME STORAGE TRADITIONS, LLC	0.00		182.33		182.33		0.00		0.00		364.66	
Promenade at Tradition Community Assoc	0.00		467.70		0.00		0.00		0.00		467.70	
PSL Hospitality, LLP	0.00		253.87		0.00		0.00		0.00		253.87	
RDP II LLC	0.00		0.00		0.00		0.00		88.09		88.09	
Recovery Sports Grill	0.00		75.31		0.00		0.00		0.01		75.32	
Renaissance CS at Tradition	0.00		768.94		768.94		0.00		0.00		1,537.88	
Seven Restaurants, LLC	0.00		89.18		89.18		89.18		178.36		445.90	
SG Mini Golf	0.00		158.54		0.00		0.00		0.00		158.54	
South Florida Orthopedic	0.00		178.36		0.00		0.00		0.00		178.36	
St Lucie County Fire Dept.	0.00		223.94		0.00		0.00		0.00		223.94	
St Lucie County Tax Collector	0.00		406.27		0.00		0.00		0.00		406.27	
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		445.90		713.44	
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		2,505.00		0.00		0.00		0.00		2,505.00	
Town Park Master Assoc., Inc.	0.00		26,506.58		0.00		0.00		0.00		26,506.58	
Tradition CDD #1	0.00		12,558.67		0.00		0.00		0.00		12,558.67	
Treasure Coast Physicians Properties, LLC	0.00		0.00		0.00		0.00		-26.16		-26.16	
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		6,312.03		6,312.03		6,312.03		12,624.06		31,560.15	
Vitalia at Tradition	0.00		37,243.77		0.00		0.00		0.00		37,243.77	
Wawa, Inc.	0.00		95.92		0.00		0.00		94.74		190.66	
Westcliffe Estates HOA	0.00		120.10		0.10		0.00		0.00		120.20	
TOTAL	0.00		146,340.28		23,453.28		22,097.22		38,093.90		229,984.68