TRADITION COMMUNITY DEVELOPMENT
DISTRICT NOS. 1 - 11 PORT ST. LUCIE
REGULAR BOARD MEETING JUNE 5, 2024
11:00 A.M.
Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.traditioncdd1.org www.traditioncdd2.org www.traditioncdd3.org www.traditioncdd4.org www.traditioncdd5.org www.traditioncdd6.org www.traditioncdd7.org www.traditioncdd8.org www.traditioncdd9.org www.traditioncdd10.org www.traditioncdd11.org

561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.’S 1-11
Tradition Town Hall 10799 SW Civic Lane Port St. Lucie, FL 34987 OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025012?omn=82891663233 Meeting ID: 334 102 5012
Dial-In: 1 929 436 2866 REGULAR BOARD MEETING June 5, 2024
11:00 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Appointments to Vacant Board Seats
Seat New Boards Members /Administer Oath of Office
Additions or Deletions
Comments from the Public for Items Not on the Agenda
Consent Items
Approval of May 1, 2024, Regular Board Meeting…	Page 3
Approval for Conveyance Pipes and Manholes at Crosstown / Verano within the Peacock Canal	Page 7
Old Business
New Business
Consider Resolution No. 2024-12; Adopting Proposed Budget FY: 24/25 and Setting a Public Hearing	Page 9
Consider Approving Amendment #2 to Statement of Work #TR-20200316	Page 46
Consider Approving Agreement for Legal Services	Page 47
Report from the Lake Banks Committee Chairperson
Administrative Matters
Manager’s Report
Attorney’s Report
Engineer’s Report
Irrigation System
Financial Report	Page 53
Founder’s Report
Board Member Discussion Requests and Comments

Adjourn

TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FISCAL YEAR 2023/2024
REGULAR BOARD MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Tradition Community Development District Nos. 1-11 (“Districts”) will conduct Regular Board Meetings of the Board of Supervisors (“Board”) for the purpose of conducting the business of the Districts that may properly come before the Board. The following meetings will be held at 11:00 a.m. at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987 on the following dates:

*October 4, 2023*
November 1, 2023
December 6, 2023
*January 3, 2024*
February 7, 2024
March 6, 2024
*April 3, 2024*
May 1, 2024
June 5, 2024
*July 3, 2024*
August 7, 2024
September 4, 2024

*Irrigation Rate Committee Meeting – 9:00 a.m.
Southern Grove CDD Meeting – 10:30 a.m.
Tradition CDD Meeting – 11:00 a.m.

*An Irrigation Committee Meeting will take place at 9:00 a.m. at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987 on the above dates, as indicated.*

The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. Meetings may be continued to a date, time and place to be specified on the record. A copy of the agenda for the meetings may be obtained from the Districts’ websites or at the offices of the District Manager, Special District Services, Inc., 10807 SW Tradition Square, Port St. Lucie, Florida.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone may be present at the meeting location so that one or more Supervisors may attend the meeting and be fully informed of the discussions taking place.
Any person requiring special accommodations at these meetings because of a disability or physical impairment should contact the District Office at 772-345-5119 and/or toll free at 1-877-737-4922 at least five calendar days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at 1-800-955-8770, who can aid you in contacting the District Office.
Each person who decides to appeal any action taken at a meeting is advised that they will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim

record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Meetings may be cancelled from time to time without advertised notice.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11

www.traditioncdd1.org

PUBLISH: ST. LUCIE NEWS TRIBUNE	09/25/23

TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11
Tradition Town Hall 10799 SW Civic Lane
Port St. Lucie, Florida 34987 OR
https://us02web.zoom.us/j/88067635968?pwd=NUdnb1dDSjVHY0gvc2Z2dTBLWTBOZz09
Meeting ID: 880 6763 5968
Dial-In: 1 929 436 2866 REGULAR BOARD MEETING May 1, 2024
11:00 a.m.

CALL TO ORDER

The Regular Board Meeting of the Tradition Community Development District No.’s 1-11 of May 1, 2024, was called to order at 11:00 a.m. in the Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987.

PROOF OF PUBLICATION

Proof of publication was presented that showed notice of the Regular Board Meeting had been published in the St. Lucie News Tribune on September 25th, 2023, as legally required.

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

CDD #’s 1,2,7,8,9,10&11			
Chairman	Eric Sexauer	Present	
Vice Chairman	William Pittsley	Present	
Supervisor	Steven Dassa	Absent	
Supervisor	Tara Toto	Present	
Supervisor	Ricardo Mojica	Absent	

CDD # 3			
Supervisor	Vacant	-	
Chairman	Isiah Steinberg	Present	
Vice Chairman	Vacant	-	
Supervisor	Vacant	-	
Supervisor	Roy Perconte	Present	

CDD # 4			
Chairman	Gail Cost	Present	
Vice Chairman	Rich Giglia	Present	
Supervisor	Rob Siedlecki	Absent	
Supervisor	Lauren Leandre	Present	
Supervisor	Drew Wesley	Present (via Zoom)	

CDD # 5			
Supervisor	Cathy Powers	Present	
Chairperson	Chris King	Present	
Supervisor	Dave Lasher	Present	
Supervisor	Rick Dixon	Present	
Vice Chairman	Joe Pinto	Present	

CDD # 6			
Chairman	Jerry Krbec	Present	
Vice Chairman	Luis Pagan	Present	
Supervisor	Keith Bulkin	Absent	
Supervisor	John Slicher	Present	
Supervisor	George Russell	Absent	

Staff members in attendance were:

District Manager	Frank Sakuma	Special District Services, Inc.	
District Manager	Stephanie Brown	Special District Services, Inc.	
Assistant District Manager	Jessica Wargo	Special District Services, Inc.	
District Counsel	Susan Garrett	Torcivia, Donlon, Goddeau & Rubin, P.A.	
District Engineer	Stef Matthes	Culpepper and Terpening	

Also present via Zoom was District Manager, Andrew Karmeris, Special District Services, Inc. & in person was Gabriel Gomez with Culpepper & Terpening.

(See attached sign-in sheet)

ADDITIONS OR DELETIONS TO AGENDA

(H-1) Deletion to New Business: Consider Resolution 2024-12 Adopting a Proposed Budget or FY24/25 and Setting a Public Hearing.

Mr. Sakuma made a request to the Board to remove item H-1 from the agenda as it would be placed on the June 5, 2024, Regular Board Meeting.

A Motion was made by CDD No. 1 Mr. Sexauer, seconded by Mr. Pittsley, and passed unanimously by CDD No. 1 to Adopt the agenda as amended.

COMMENTS FROM THE PUBLIC NOT ON THE AGENDA
Mary Milmore (Town Park) voiced her concern about the lack of irrigation water in the Tradition community and suggested a capacity analysis. Ms. King responded that an irrigation study is needed and suggested monthly irrigation reporting.
Gary (Vitalia) asked if the Tradition community was running out of water and if it is being sold to other communities outside of Tradition. Mr. Sexauer responded that only residents of Tradition who pay for the irrigation are utilizing the water, and that Tradition is not supporting future growth.
CONSENT ITEMS

Approval of March 6, 2024, Regular Board Meeting

Approve and Ratify WA #19-143-173; Sunrise Lake Terrace-Pool

Dr. Powers requested that Consent Item #1 be removed and placed in Old Business for discussion.

A Motion was made by CDD No. 1 Mr. Sexauer, seconded by Mr. Pittsley, and passed unanimously by CDD No. 1 to approve all item(s) under Consent as amended.

OLD BUSINESS

Approval of March 6, 2024, Regular Board Meeting

Dr. Powers requested an addition to the minutes stating that District No. 5 was opposed to the Bike Share Agreement and that they also requested to opt out of the program.

A Motion was made by CDD No. 1 Mr. Sexauer, seconded by Mr. Pittsley, and passed unanimously approving March 6, 2024, Regular Board Meeting minutes as amended.

NEW BUSINESS

No action items. Bringing Resolution No. 2024-12 back to the June 5th meeting.

ADMINISTRATIVE MATTERS

Manager’s Report

Mr. Sakuma reminded the Board to complete the required ethics training no later than December 31, 2024. He also advised the Board that election notices would be going out for upcoming expired seats.

Attorney’s Report
The District’s Attorney had nothing further to report.
Engineer’s Report
The District Engineer had nothing further to report.
Financial Report
Mr. Sakuma notified the board that the financial report was provided in the board package. Mr. Karmeris advised the financial package had been updated to reflect finances up to April 30th.

Founder’s Report

The Founder had nothing to report.

BOARD MEMBER COMMENTS

A comment was made about losing Palm trees due to infection and suggested researching solutions.

Dr. Powers asked for an update on electric bikes on the trail. Mr. Sexauer responded that there are no updates at this time.

Ms. King asked for an update on CDD No.11 and the current state of development. Mr. Sexauer responded there was no update on CDD 11 No., and that the development was on pause, and he would reach out for any updated information.

ADJORNMENT

There being no further business to come before the Board, Mr. Sexauer adjourned the meeting at 11:36am.

Secretary/Assistant Secretary	Chair/Vice-Chair

Print Signature	Print Signature

TRADITION COMMUNITY DEVELOPMENT DISTRICT BOARD AGENDA ITEM
Subject:	Conveyance Pipes and Manholes at Crosstown / Verano within the Peacock Canal
Turn Over Request to Tradition Community Development District (CDD) for Perpetual Maintenance and Operation

Background

On July 5, 2018, Tradition CDD No. 1 received an easement over the Peacock Canal from roughly the outfall from the centerline of Lake 36D in Vitalia east to the C-24 right-of-way line. (OR Book 4153, Page 845)

In 2022, the CDD agreed to operate and maintain the culverts at the proposed culverted crossing of the Peacock Canal beneath the Crosstown Parkway Extension and Verano’s western entrance road as authorized under SFWMD Permit 56-101972-P.
The culvert installation is now complete and the CDD has been asked to accept maintenance responsibility.

Recommended Action
Accept maintenance responsibility for the above pipes and connecting manholes which are part of the Tradition Master Stormwater System.

Approve Chair to execute SFWMD Transfer Form once the remainder of the Turn Over Documents (Bill of Sale, 12-Month Warranty, Affidavits of No Liens) are submitted and accepted by the CDD Engineer. CDD staff will inspect the culverts and manholes and verify the condition meets CDD standards prior to recommending the Chair executes the SFWMD Transfer Form.
Location:	Tradition CDD
Peacock Canal
Within Tradition Irrigation Service Area? Yes – distribution of water from C-24

Fiscal Information: Annual operation and maintenance expenses for the culverts, which are part of the master plan, have been included in the estimated annual budget.

Grant Related? No Additional Comments: None
Board Action
Moved by:	Seconded by:	Action Taken:
Item Prepared by: Stef Matthes, PE	May 7, 2024

7

C T

Peacock Culverts

		EXHIBIT 1	
ULPEPPER & ERPENING INC	Project No. 19-085.TR1.018
Date: 08/30/2023
Peacock Culverts Location Map Turn Over	Peacock Canal Crossing
TURN OVER EXHIBIT	

RESOLUTION 2024-12

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.’S 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 & 11 APPROVING THE DISTRICT'S PROPOSED BUDGET FOR FISCAL YEAR 2024/2025; SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; DIRECTING STAFF TO PROVIDE A COPY OF THE PROPOSED BUDGET TO THE LOCAL GENERAL PURPOSE GOVERNMENT AND PROVIDING FOR NOTICE OF SAID HEARING PUSUANT TO LAW.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board a proposed budget for fiscal year 2024/2025 attached hereto as Exhibit A; and

WHEREAS, the Board of Supervisors has considered said proposed budget and desires to set the required public hearing thereon.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.1:

The budget proposed by the District Manager for fiscal year 2024/2025, attached hereto as Exhibit A, is hereby approved as the basis for conducting a public hearing to adopt said budget.

A public hearing on said approved budget is hereby declared and set for the following date, hour and place:

Date:	

Hour: 	

Place: 	

The District Manager shall send a copy of the proposed budget to the City of Port St. Lucie at least 60 days prior to the date of thepublic hearing.

The District Manager shall cause notice of the public hearing to be provided by publication in a newspaper of general circulation in St. Lucie County once a week for two consecutive weeks with the first publication not less than 15 days prior to the date of the public hearing.

PASSED AND ADOPTED THIS 5th DAY OF June, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.’S 1, 2,
7, 8, 9,10 & 11

Chairman / Vice Chairman

Print Name

ATTEST:

Secretary / Assistant Secretary Print Name
TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 3

Chairman / Vice Chairman

Print Name

ATTEST:

Secretary / Assistant Secretary Print Name

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 4

Chairman / Vice Chairman

Print Name
ATTEST:

Secretary / Assistant Secretary Print Name
TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 5

Chairman / Vice Chairman

ATTEST:

Secretary / Assistant Secretary

Print Name
Print Name

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 6

Chairman / Vice Chairman

ATTEST:

Secretary / Assistant Secretary

Print Name
Print Name

EXHIBIT "A"

Tradition Community Development Districts #1-11

Proposed Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

3-4	PROPOSED BUDGET-RECAP CDD1-11
5-7	PROPOSED BUDGET-RECAP FY24 COMPARISON
8-9	PROPOSED BUDGET-CDD 1
10-11 PROPOSED BUDGET-CDD 2
12-13 PROPOSED BUDGET-CDD 3
14-15 PROPOSED BUDGET-CDD 4
16-17 PROPOSED BUDGET-CDD 5
18-19 PROPOSED BUDGET-CDD 6
20-21 PROPOSED BUDGET-CDD 7
22-23 PROPOSED BUDGET-CDD 8
24-25 PROPOSED BUDGET-CDD 9
26-27 PROPOSED BUDGET-CDD 10
28-29 PROPOSED BUDGET-CDD 11
PROPOSED O&M ASSESSMENT RECAP
PROPOSED DEBT SERVICE BUDGET SERIES 2014 BOND
PROPOSED DEBT SERVICE BUDGET SERIES 2021 BOND
PROPOSED BUDGET- IRRIGATION
PROPOSED DEBT SERVICE IRRIGATION SERIES 2017 BOND

PROPOSED BUDGET
TRADITION COMMUNITY DEVELOPMENT DISTRICTS #1-11 FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

	CDD 1	CDD 2	 	CDD 3	 	CDD 4	 	CDD 5	 	CDD 6	 	CDD 7	 	CDD 8	 	CDD 9	 	CDD 10	 	CDD 11	 	TOTAL	
 REVENUES	
ON-ROLL ASSESSMENTS - Debt	4,938	420,783	928,488	1,025,176	1,023,584	972,570	176,578	518,451	273,114	85,573	12,095	5,441,350	
ON-ROLL ASSESSMENTS - ADMIN	4,006	20,983	62,299	63,050	63,050	57,341	74,518	50,079	32,802	136,967	4,006	569,103	
ON-ROLL ASSESSMENTS - MAINT	2,020	172,136	379,830	419,384	418,733	397,863	72,235	212,090	111,727	35,007	4,948	2,225,974	
ON-ROLL ASSESSMENTS - TIM	2,027	10,615	0	0	0	0	37,698	25,335	16,594	69,291	2,027	163,587	
STORMWATER	1,089	92,797	204,763	226,086	225,735	214,484	38,941	114,336	60,231	18,872	2,667	1,200,000	
Other Income	422	2,212	6,568	6,647	6,647	6,045	7,856	5,280	3,458	14,440	422	60,000	
 DEVELOPER CONTRIBUTION/BOND FUNDS - TIM  	0 	0		0		0		0		0		0		0		0		0		0		0	
 Total Revenues	  $	14,502  $	719,526	 $  1,581,948	 $  1,740,343	 $  1,737,749	 $  1,648,304	 $	407,828	 $	925,571	 $	497,927	 $	360,150	 $	26,166	 $  9,660,014	

 EXPENDITURES - ADMIN																										
AUDIT		245		1,285		3,815		3,861		3,861		3,511		4,563		3,067		2,009		8,387		245		34850	
DISSEMINATION AGENT		21		111		328		332		332		302		393		264		173		722		21		3000	
DISTRICT COUNSEL		352		1,844		5,473		5,539		5,539		5,038		6,547		4,400		2,882		12,034		352		50000	
MANAGEMENT		1,056		5,531		16,420		16,618		16,618		15,114		19,641		13,200		8,646		36,101		1,056		150000	
ASSESSMENT ROLL		70		369		1,095		1,108		1,108		1,008		1,309		880		576		2,407		70		10000	
DUES, LICENSES & FEES		14		71		211		213		213		194		252		169		111		463		14		1925	
ENGINEERING		493		2,581		7,663		7,755		7,755		7,053		9,166		6,160		4,035		16,847		493		70000	
GENERAL INSURANCE		962		5,038		14,959		15,139		15,139		13,768		17,893		12,025		7,876		32,888		962		136650	
WEB SITE MAINTENANCE		58		304		903		914		914		831		1,080		726		476		1,986		58		8250	
LEGAL ADVERTISING		14		74		219		222		222		202		262		176		115		481		14		2000	
MISCELLANEOUS		14		74		219		222		222		202		262		176		115		481		14		2000	
TRAVEL AND PER DIEM		3		15		44		44		44		40		52		35		23		96		3		400	
OFFICE SUPPLIES		35		184		547		554		554		504		655		440		288		1,203		35		5000	
POSTAGE & SHIPPING		4		18		55		55		55		50		65		44		29		120		4		500	
COPIES		21		111		328		332		332		302		393		264		173		722		21		3000	
SUPERVISOR FEES		422		2,212		6,568		6,647		6,647		6,045		7,856		5,280		3,458		14,440		422		60000	
TRUSTEE SERVICES		127		664		1,970		1,994		1,994		1,814		2,357		1,584		1,037		4,332		127		18000	
OFFICE RENT		176		922		2,737		2,770		2,770		2,519		3,273		2,200		1,441		6,017		176		25000	
CONTINUING DISCLOSURE FEE		21		111		328		332		332		302		393		264		173		722		21		3000	
TOTAL ADMINISTRATIVE EXPENSES		4,108		21,517		63,883		64,653		64,653		58,799		76,413		51,353		33,636		140,450		4,108		583,575	

 EXPENDITURES - MAINTENANCE																										
LAKE MAINTENANCE		281		23,972		52,897		58,405		58,315		55,408		10,060		29,537		15,560		4,875		689		310,000	
TIM OPERATIONS		1,865		9,766		0		0		0		0		34,682		23,308		15,267		63,747		1,865		150,500	
BUILDING, BRIDGE, MONUMENT MAINTENANCE		9		773		1,706		1,884		1,881		1,787		325		953		502		157		22		10,000	
CONTINGENCY - MAINTENANCE		91		7,733		17,064		18,840		18,811		17,874		3,245		9,528		5,019		1,573		222		100,000	
COMMUNITY AREA MAINTENANCE		127		10,826		23,889		26,377		26,336		25,023		4,543		13,339		7,027		2,202		311		140,000	
DEVLOPMENT COORDINATOR		29		2,506		5,530		6,106		6,097		5,793		1,052		3,088		1,627		510		72		32,410	
ELECTRIC		100		8,506		18,770		20,725		20,692		19,661		3,570		10,481		5,521		1,730		245		110,000	
ENGINEERING		118		10,053		22,183		24,493		24,455		23,236		4,219		12,386		6,525		2,044		289		130,000	
FIELD MANAGEMENT		224		19,116		42,181		46,574		46,501		44,184		8,022		23,553		12,408		3,888		549		247,200	
FOUNTAIN MAINTENANCE & CHEMICALS		5		387		853		942		941		894		162		476		251		79		11		5,000	
LANDSCAPING MAINTENANCE & MATERIALS		940		80,136		176,827		195,241		194,938		185,222		33,629		98,737		52,014		16,297		2,304		1,036,285	
IRRIGATION		152		12,914		28,496		31,464		31,415		29,849		5,419		15,912		8,382		2,626		371		167,000	
IRRIGATION PARTS & REPAIRS		68		5,800		12,798		14,130		14,108		13,405		2,434		7,146		3,764		1,179		167		75,000	
SIDEWALK CLEANING		27		2,320		5,119		5,652		5,643		5,362		974		2,858		1,506		472		67		30,000	
SIDEWALK REPAIR		54		4,640		10,238		11,304		11,287		10,724		1,947		5,717		3,012		944		133		60,000	
SIGNAGE		9		773		1,706		1,884		1,881		1,787		325		953		502		157		22		10,000	
STREETLIGHTS		54		4,640		10,238		11,304		11,287		10,724		1,947		5,717		3,012		944		133		60,000	
STORMWATER MANAGEMENT		476		40,599		89,584		98,912		98,759		93,837		17,037		50,022		26,351		8,256		1,167		525,000	
TREE/PLANT REPLACEMENT & TRIM		181		15,466		34,127		37,681		37,622		35,747		6,490		19,056		10,038		3,145		445		200,000	
TOTAL MAINTENANCE EXPENSES		4,812		260,928		554,207		611,919		610,969		580,519		140,080		332,767		178,286		114,825		9,084		3,398,396	
																									
 Total Expenditures			 $	8,920		 $	282,444		 $	618,090		 $	676,572		 $	675,622		 $	639,318		 $	216,494		 $	384,120		 $	211,923		 $	255,276		 $	13,193		 $  3,981,971	
 EXCESS / (SHORTFALL)			 $	5,582		 $	437,081		 $	963,858		 $  1,063,771		 $  1,062,127		 $  1,008,986		 $	191,334		 $	541,451		 $	286,004		 $	104,874		 $	12,974		 $  5,678,043	
PAYMENTS TO TRUSTEE		(4,543)		(387,120)		(854,209)		(943,162)		(941,698)		(894,764)		(162,452)		(476,975)		(251,265)		(78,727)		(11,128)		(5,006,042)	
 BALANCE			 $	1,039		 $	49,961		 $	109,649		 $	120,609		 $	120,429		 $	114,222		 $	28,882		 $	64,476		 $	34,739		 $	26,147		 $	1,846		 $	672,001	
COUNTY APPRAISER & TAX COLLECTOR FEE		(520)		(24,981)		(54,825)		(60,304)		(60,215)		(57,111)		(14,441)		(32,238)		(17,370)		(13,074)		(923)		(336,001)	
DISCOUNTS FOR EARLY PAYMENTS		(520)		(24,981)		(54,825)		(60,304)		(60,215)		(57,111)		(14,441)		(32,238)		(17,370)		(13,074)		(923)		(336,001)	
 NET EXCESS / (SHORTFALL)			 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 		 $	- 	

	FISCAL YEAR	FISCAL YEAR	FISCAL YEAR		
	2023/2024	2023/2024	2024/2025		
		ANNUAL BUDGET		  ACTUALS - APRIL 2024 		PROPOSED BUDGET			
 REVENUES						
ON-ROLL ASSESSMENTS - Debt	5,440,105	5,032,706	5,441,350		
ON-ROLL ASSESSMENTS - ADMIN	538,664	550,884	569,103		
ON-ROLL ASSESSMENTS - MAINT	1,922,785	1,966,406	2,225,974		
ON-ROLL ASSESSMENTS - TIM	163,587	167,298	163,587		
STORMWATER	975,000	1,227,933	1,200,000		
OTHER INCOME	60,000	205,122	60,000		
Total Revenues	$	9,100,142	$	9,150,349	$	9,660,014		
 EXPENDITURES - ADMIN						
AUDIT	55,000	0	34,850		
BANK FEES	0	0	0		
DISSEMINATION AGENT	3,000	0	3,000		
DISTRICT COUNSEL	80,000	24,865	50,000		
MANAGEMENT	108,046	56,094	150,000		
ASSESSMENT ROLL	10,000	0	10,000		
DUES, LICENSES & FEES	1,925	1,925	1,925		
ENGINEERING	50,000	50,000	70,000		
GENERAL INSURANCE	120,000	123,014	136,650		
WEB SITE MAINTENANCE	8,250	4,375	8,250		
LEGAL ADVERTISING	6,500	1,590	2,000		
MISCELLANEOUS	0	1,067	2,000		
TRAVEL AND PER DIEM	1,000	202	400		
OFFICE SUPPLIES	2,500	2,856	5,000		
POSTAGE & SHIPPING	350	489	500		
COPIES	3,000	0	3,000		
SUPERVISOR FEES	60,000	16,832	60,000		
TRUSTEE SERVICES	18,000	0	18,000		
OFFICE RENT	25,000	54,737	25,000		
CONTINUING DISCLOSURE FEE	3,000	1,500	3,000		
TOTAL ADMIN EXPENSES	555,571	339,546	583,575		

 COMMENTS	

No Change
Line item removed
Increase for future bonds (Western Grove) No Change
CPI Increase per contract plus additional CDD
No Change
Increase for additional CDD No Change
Estimating increase plus additional CDD Additional CDD
No Change
Line item removed (Actuals result of CDD #11 Establishment)
No longer charged for meeting room No longer purchasing decorations Adjustment for FY23 Actuals
Adjustment for FY23 Actuals
Assumes all supervisors attend 1 meeting per month No Change
No Change
Increase for future bonds (Western Grove)

FISCAL YEAR	FISCAL YEAR	FISCAL YEAR		
2023/2024	2023/2024	2024/2025		
	ANNUAL BUDGET		  ACTUALS - APRIL 2024 		PROPOSED BUDGET			
EXPENDITURES - MAINT				
LAKE MAINTENANCE	304,696	126,446	310,000		
TIM OPERATIONS	150,500	239,358	150,500		
BUILDING, BRIDGE, MONUMENT MAINTENANC	265,000	0	10,000		
(FKA CONTINGENCY) - MAINT RESERVES	72,000	0	100,000		
COMMUNITY AREA MAINTENANCE	50,000	114,652	140,000		
DEVELOPMENT COORDINATOR	31,467	18,354	32,410		
ELECTRIC	87,000	54,368	110,000		
ENGINEERING	100,000	94,805	130,000		
FIELD MANAGEMENT	240,000	115,306	247,200		
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	2,433	5,000		
LANDSCAPING MAINTENANCE & MATERIALS	896,100	669,384	1,036,285		
IRRIGATION	152,000	97,802	167,000		
IRRIGATION PARTS & REPAIRS	75,000	122,664	75,000		
SIDEWALK CLEANING	30,000	15,000	30,000		
SIDEWALK REPAIR	60,000	33,612	60,000		
SIGNAGE	10,000	7,928	10,000		
STREETLIGHTS	45,000	59,076	60,000		
STORMWATER MANAGEMENT	95,700	440,175	525,000		
TREE/PLANT REPLACEMENT & TRIM	200,000	139,105	200,000		
TOTAL MAINTENANCE EXPENSES	2,894,463	2,350,468	3,398,396		
	
$	3,450,034	$	2,690,014			
Total Expenditures		$	3,981,971		
				
EXCESS / (SHORTFALL)	$	5,650,108	$	6,460,335	$	5,678,043		

PAYMENT TO TRUSTEE	
(5,004,897)	(4,744,392)	
(5,006,042)		
BOND PREPAYMENTS	-	Not Included in Actuals			
BALANCE	$	645,211	$	1,715,943	$	672,001		

COUNTY APPRAISER & TAX COLLECTOR FEE	(322,606)	(309,041)	(336,001)		
DISCOUNTS FOR EARLY PAYMENTS	(322,606)	(294,076)	(336,001)		
NET EXCESS / (SHORTFALL)	$	-	$	1,112,827	$	-		

 COMMENTS	

Per contract, now inlcudes Wetland maintenance 50% of Operations: $211K & Insurance: $90K Maint plus $60K estimate for Lake 14 Shade Structure Changed to General Maintenance Reserves
Based on anticipated repairs
Split with SG plus CPI Increase per contract
Adjustment for FY23 Actuals No Change
Increase for Western Grove + additional CDD
No Change
3% Increase allowed per contract
No Change
Based on anticipated repairs
No Change
Several panel section replacements due to roots
No Change (Alligator Signs cause for FY23 increase) No Change (New Lightpoles cause for FY23 Increase) Estimated Canal & Lake Banks Mowing/Maintenance Trim increase + 20k in replacements

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		4,630	4,938	
ON-ROLL ASSESSMENTS - ADMIN		3,802	4,006	
ON-ROLL ASSESSMENTS - MAINT		1,637	2,020	
ON-ROLL ASSESSMENTS - TIM		2,036	2,027	
STORMWATER		830	1,089	
OTHER INCOME		424	422	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	13,358	$	14,502	
EXPENDITURES - ADMIN				
AUDIT		388	245	
DISSEMINATION AGENT		21	21	
DISTRICT COUNSEL		565	352	
MANAGEMENT		763	1,056	
ASSESSMENT ROLL		71	70	
DUES, LICENSES & FEES		14	14	
ENGINEERING		353	493	
GENERAL INSURANCE		847	962	
WEB SITE MAINTENANCE		58	58	
LEGAL ADVERTISING		46	14	
MISCELLANEOUS		0	14	
TRAVEL AND PER DIEM		7	3	
OFFICE SUPPLIES		18	35	
POSTAGE & SHIPPING		2	4	
COPIES		21	21	
SUPERVISOR FEES		424	422	
TRUSTEE SERVICES		127	127	
OFFICE RENT		176	176	
CONTINUING DISCLOSURE FEE		21	21	
TOTAL ADMIN EXPENSES		3,921	4,108	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	259	281	
TIM OPERATIONS	1,873	1,865	
BUILDING, BRIDGE, MONUMENT MAINTENANC	226	9	
CONTINGENCY - MAINTENANCE	61	91	
COMMUNITY AREA MAINTENANCE	43	127	
DEVLOPMENT COORDINATOR	27	29	
ELECTRIC	74	100	
ENGINEERING	85	118	
FIELD MANAGEMENT	204	224	
FOUNTAIN MAINTENANCE & CHEMICALS	26	5	
LANDSCAPING MAINTENANCE & MATERIALS	763	940	
IRRIGATION	129	152	
IRRIGATION PARTS & REPAIRS	64	68	
SIDEWALK CLEANING	26	27	
SIDEWALK REPAIR	51	54	
SIGNAGE	9	9	
STREETLIGHTS	38	54	
STORMWATER MANAGEMENT	81	476	
TREE/PLANT REPLACEMENT & TRIM	170	181	
TOTAL MAINTENANCE EXPENSES	4,209	4,812	

$	8,130		
Total Expenditures		$	8,920	
			
EXCESS / (SHORTFALL)	$	5,228	$	5,582	

PAYMENT TO TRUSTEE	

(4,260)	
(4,543)	
BALANCE	$	968	$	1,039	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(484)	(520)	
DISCOUNTS FOR EARLY PAYMENTS	(484)	(520)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		394,573	420,783	
ON-ROLL ASSESSMENTS - ADMIN		19,914	20,983	
ON-ROLL ASSESSMENTS - MAINT		139,460	172,136	
ON-ROLL ASSESSMENTS - TIM		10,665	10,615	
STORMWATER		70,717	92,797	
OTHER INCOME		2,218	2,212	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	637,547	$	719,526	
EXPENDITURES - ADMIN				
AUDIT		2,033	1,285	
DISSEMINATION AGENT		111	111	
DISTRICT COUNSEL		2,957	1,844	
MANAGEMENT		3,994	5,531	
ASSESSMENT ROLL		370	369	
DUES, LICENSES & FEES		71	71	
ENGINEERING		1,848	2,581	
GENERAL INSURANCE		4,436	5,038	
WEB SITE MAINTENANCE		305	304	
LEGAL ADVERTISING		240	74	
MISCELLANEOUS		0	74	
TRAVEL AND PER DIEM		37	15	
OFFICE SUPPLIES		92	184	
POSTAGE & SHIPPING		13	18	
COPIES		111	111	
SUPERVISOR FEES		2,218	2,212	
TRUSTEE SERVICES		665	664	
OFFICE RENT		924	922	
CONTINUING DISCLOSURE FEE		111	111	
TOTAL ADMIN EXPENSES		20,539	21,517	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	22,100	23,972	
TIM OPERATIONS	9,812	9,766	
BUILDING, BRIDGE, MONUMENT MAINTENANC	19,221	773	
CONTINGENCY - MAINTENANCE	5,222	7,733	
COMMUNITY AREA MAINTENANCE	3,627	10,826	
DEVLOPMENT COORDINATOR	2,282	2,506	
ELECTRIC	6,310	8,506	
ENGINEERING	7,253	10,053	
FIELD MANAGEMENT	17,407	19,116	
FOUNTAIN MAINTENANCE & CHEMICALS	2,176	387	
LANDSCAPING MAINTENANCE & MATERIALS	64,994	80,136	
IRRIGATION	11,025	12,914	
IRRIGATION PARTS & REPAIRS	5,440	5,800	
SIDEWALK CLEANING	2,176	2,320	
SIDEWALK REPAIR	4,352	4,640	
SIGNAGE	725	773	
STREETLIGHTS	3,264	4,640	
STORMWATER MANAGEMENT	6,941	40,599	
TREE/PLANT REPLACEMENT & TRIM	14,506	15,466	
TOTAL MAINTENANCE EXPENSES	208,832	260,928	

$	229,371		
Total Expenditures		$	282,444	
			
EXCESS / (SHORTFALL)	$	408,176	$	437,081	

PAYMENT TO TRUSTEE	

(363,007)	
(387,120)	
BALANCE	$	45,169	$	49,961	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(22,584)	(24,981)	
DISCOUNTS FOR EARLY PAYMENTS	(22,584)	(24,981)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		870,654	928,488	
ON-ROLL ASSESSMENTS - ADMIN		59,123	62,299	
ON-ROLL ASSESSMENTS - MAINT		307,730	379,830	
ON-ROLL ASSESSMENTS - TIM		0	0	
STORMWATER		156,043	204,763	
OTHER INCOME		6,585	6,568	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	1,400,135	$	1,581,948	
EXPENDITURES - ADMIN				
AUDIT		6,037	3,815	
DISSEMINATION AGENT		329	328	
DISTRICT COUNSEL		8,781	5,473	
MANAGEMENT		11,859	16,420	
ASSESSMENT ROLL		1,098	1,095	
DUES, LICENSES & FEES		211	211	
ENGINEERING		5,488	7,663	
GENERAL INSURANCE		13,171	14,959	
WEB SITE MAINTENANCE		906	903	
LEGAL ADVERTISING		713	219	
MISCELLANEOUS		0	219	
TRAVEL AND PER DIEM		110	44	
OFFICE SUPPLIES		274	547	
POSTAGE & SHIPPING		38	55	
COPIES		329	328	
SUPERVISOR FEES		6,585	6,568	
TRUSTEE SERVICES		1,976	1,970	
OFFICE RENT		2,744	2,737	
CONTINUING DISCLOSURE FEE		329	328	
TOTAL ADMIN EXPENSES		60,979	63,883	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	48,765	52,897	
TIM OPERATIONS	0	0	
BUILDING, BRIDGE, MONUMENT MAINTENANC	42,412	1,706	
CONTINGENCY - MAINTENANCE	11,523	17,064	
COMMUNITY AREA MAINTENANCE	8,002	23,889	
DEVLOPMENT COORDINATOR	5,036	5,530	
ELECTRIC	13,924	18,770	
ENGINEERING	16,004	22,183	
FIELD MANAGEMENT	38,410	42,181	
FOUNTAIN MAINTENANCE & CHEMICALS	4,801	853	
LANDSCAPING MAINTENANCE & MATERIALS	143,415	176,827	
IRRIGATION	24,327	28,496	
IRRIGATION PARTS & REPAIRS	12,003	12,798	
SIDEWALK CLEANING	4,801	5,119	
SIDEWALK REPAIR	9,603	10,238	
SIGNAGE	1,600	1,706	
STREETLIGHTS	7,202	10,238	
STORMWATER MANAGEMENT	15,316	89,584	
TREE/PLANT REPLACEMENT & TRIM	32,009	34,127	
TOTAL MAINTENANCE EXPENSES	439,154	554,207	

$	500,132		
Total Expenditures		$	618,090	
			
EXCESS / (SHORTFALL)	$	900,002	$	963,858	

PAYMENT TO TRUSTEE	

(801,002)	
(854,209)	
BALANCE	$	99,001	$	109,649	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(49,500)	(54,825)	
DISCOUNTS FOR EARLY PAYMENTS	(49,500)	(54,825)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		961,320	1,025,176	
ON-ROLL ASSESSMENTS - ADMIN		59,836	63,050	
ON-ROLL ASSESSMENTS - MAINT		339,775	419,384	
ON-ROLL ASSESSMENTS - TIM		0	0	
STORMWATER		172,292	226,086	
OTHER INCOME		6,665	6,647	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	1,539,887	$	1,740,343	
EXPENDITURES - ADMIN				
AUDIT		6,109	3,861	
DISSEMINATION AGENT		333	332	
DISTRICT COUNSEL		8,887	5,539	
MANAGEMENT		12,002	16,618	
ASSESSMENT ROLL		1,111	1,108	
DUES, LICENSES & FEES		214	213	
ENGINEERING		5,554	7,755	
GENERAL INSURANCE		13,330	15,139	
WEB SITE MAINTENANCE		916	914	
LEGAL ADVERTISING		722	222	
MISCELLANEOUS		0	222	
TRAVEL AND PER DIEM		111	44	
OFFICE SUPPLIES		278	554	
POSTAGE & SHIPPING		39	55	
COPIES		333	332	
SUPERVISOR FEES		6,665	6,647	
TRUSTEE SERVICES		1,999	1,994	
OFFICE RENT		2,777	2,770	
CONTINUING DISCLOSURE FEE		333	332	
TOTAL ADMIN EXPENSES		61,714	64,653	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	53,843	58,405	
TIM OPERATIONS	0	0	
BUILDING, BRIDGE, MONUMENT MAINTENANC	46,828	1,884	
CONTINGENCY - MAINTENANCE	12,723	18,840	
COMMUNITY AREA MAINTENANCE	8,835	26,377	
DEVLOPMENT COORDINATOR	5,560	6,106	
ELECTRIC	15,374	20,725	
ENGINEERING	17,671	24,493	
FIELD MANAGEMENT	42,410	46,574	
FOUNTAIN MAINTENANCE & CHEMICALS	5,301	942	
LANDSCAPING MAINTENANCE & MATERIALS	158,350	195,241	
IRRIGATION	26,860	31,464	
IRRIGATION PARTS & REPAIRS	13,253	14,130	
SIDEWALK CLEANING	5,301	5,652	
SIDEWALK REPAIR	10,603	11,304	
SIGNAGE	1,767	1,884	
STREETLIGHTS	7,952	11,304	
STORMWATER MANAGEMENT	16,911	98,912	
TREE/PLANT REPLACEMENT & TRIM	35,342	37,681	
TOTAL MAINTENANCE EXPENSES	484,885	611,919	

$	546,599		
Total Expenditures		$	676,572	
			
EXCESS / (SHORTFALL)	$	993,288	$	1,063,771	

PAYMENT TO TRUSTEE	

(884,414)	
(943,162)	
BALANCE	$	108,874	$	120,609	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(54,437)	(60,304)	
DISCOUNTS FOR EARLY PAYMENTS	(54,437)	(60,304)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		959,827	1,023,584	
ON-ROLL ASSESSMENTS - ADMIN		59,836	63,050	
ON-ROLL ASSESSMENTS - MAINT		339,247	418,733	
ON-ROLL ASSESSMENTS - TIM		0	0	
STORMWATER		172,024	225,735	
OTHER INCOME		6,665	6,647	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	1,537,599	$	1,737,749	
EXPENDITURES - ADMIN				
AUDIT		6,109	3,861	
DISSEMINATION AGENT		333	332	
DISTRICT COUNSEL		8,887	5,539	
MANAGEMENT		12,002	16,618	
ASSESSMENT ROLL		1,111	1,108	
DUES, LICENSES & FEES		214	213	
ENGINEERING		5,554	7,755	
GENERAL INSURANCE		13,330	15,139	
WEB SITE MAINTENANCE		916	914	
LEGAL ADVERTISING		722	222	
MISCELLANEOUS		0	222	
TRAVEL AND PER DIEM		111	44	
OFFICE SUPPLIES		278	554	
POSTAGE & SHIPPING		39	55	
COPIES		333	332	
SUPERVISOR FEES		6,665	6,647	
TRUSTEE SERVICES		1,999	1,994	
OFFICE RENT		2,777	2,770	
CONTINUING DISCLOSURE FEE		333	332	
TOTAL ADMIN EXPENSES		61,714	64,653	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	53,759	58,315	
TIM OPERATIONS	0	0	
BUILDING, BRIDGE, MONUMENT MAINTENANC	46,755	1,881	
CONTINGENCY - MAINTENANCE	12,703	18,811	
COMMUNITY AREA MAINTENANCE	8,822	26,336	
DEVLOPMENT COORDINATOR	5,552	6,097	
ELECTRIC	15,350	20,692	
ENGINEERING	17,644	24,455	
FIELD MANAGEMENT	42,344	46,501	
FOUNTAIN MAINTENANCE & CHEMICALS	5,293	941	
LANDSCAPING MAINTENANCE & MATERIALS	158,104	194,938	
IRRIGATION	26,818	31,415	
IRRIGATION PARTS & REPAIRS	13,233	14,108	
SIDEWALK CLEANING	5,293	5,643	
SIDEWALK REPAIR	10,586	11,287	
SIGNAGE	1,764	1,881	
STREETLIGHTS	7,940	11,287	
STORMWATER MANAGEMENT	16,885	98,759	
TREE/PLANT REPLACEMENT & TRIM	35,287	37,622	
TOTAL MAINTENANCE EXPENSES	484,132	610,969	

$	545,846		
Total Expenditures		$	675,622	
			
EXCESS / (SHORTFALL)	$	991,754	$	1,062,127	

PAYMENT TO TRUSTEE	
(883,041)	
(941,698)	
BALANCE	$	108,713	$	120,429	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(54,356)	(60,215)	
DISCOUNTS FOR EARLY PAYMENTS	(54,356)	(60,215)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		911,990	972,570	
ON-ROLL ASSESSMENTS - ADMIN		54,418	57,341	
ON-ROLL ASSESSMENTS - MAINT		322,340	397,863	
ON-ROLL ASSESSMENTS - TIM		0	0	
STORMWATER		163,451	214,484	
OTHER INCOME		6,061	6,045	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	1,458,260	$	1,648,304	
EXPENDITURES - ADMIN				
AUDIT		5,556	3,511	
DISSEMINATION AGENT		303	302	
DISTRICT COUNSEL		8,082	5,038	
MANAGEMENT		10,915	15,114	
ASSESSMENT ROLL		1,010	1,008	
DUES, LICENSES & FEES		194	194	
ENGINEERING		5,051	7,053	
GENERAL INSURANCE		12,123	13,768	
WEB SITE MAINTENANCE		833	831	
LEGAL ADVERTISING		657	202	
MISCELLANEOUS		0	202	
TRAVEL AND PER DIEM		101	40	
OFFICE SUPPLIES		253	504	
POSTAGE & SHIPPING		35	50	
COPIES		303	302	
SUPERVISOR FEES		6,061	6,045	
TRUSTEE SERVICES		1,818	1,814	
OFFICE RENT		2,526	2,519	
CONTINUING DISCLOSURE FEE		303	302	
TOTAL ADMIN EXPENSES		56,126	58,799	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	51,080	55,408	
TIM OPERATIONS	0	0	
BUILDING, BRIDGE, MONUMENT MAINTENANC	44,425	1,787	
CONTINGENCY - MAINTENANCE	12,070	17,874	
COMMUNITY AREA MAINTENANCE	8,382	25,023	
DEVLOPMENT COORDINATOR	5,275	5,793	
ELECTRIC	14,585	19,661	
ENGINEERING	16,764	23,236	
FIELD MANAGEMENT	40,234	44,184	
FOUNTAIN MAINTENANCE & CHEMICALS	5,029	894	
LANDSCAPING MAINTENANCE & MATERIALS	150,224	185,222	
IRRIGATION	25,482	29,849	
IRRIGATION PARTS & REPAIRS	12,573	13,405	
SIDEWALK CLEANING	5,029	5,362	
SIDEWALK REPAIR	10,059	10,724	
SIGNAGE	1,676	1,787	
STREETLIGHTS	7,544	10,724	
STORMWATER MANAGEMENT	16,043	93,837	
TREE/PLANT REPLACEMENT & TRIM	33,528	35,747	
TOTAL MAINTENANCE EXPENSES	460,003	580,519	

$	516,129		
Total Expenditures		$	639,318	
			
EXCESS / (SHORTFALL)	$	942,131	$	1,008,986	

PAYMENT TO TRUSTEE	

(839,031)	
(894,764)	
BALANCE	$	103,100	$	114,222	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(51,550)	(57,111)	
DISCOUNTS FOR EARLY PAYMENTS	(51,550)	(57,111)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		165,579	176,578	
ON-ROLL ASSESSMENTS - ADMIN		70,719	74,518	
ON-ROLL ASSESSMENTS - MAINT		58,523	72,235	
ON-ROLL ASSESSMENTS - TIM		37,874	37,698	
STORMWATER		29,676	38,941	
OTHER INCOME		7,877	7,856	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	370,249	$	407,828	
EXPENDITURES - ADMIN				
AUDIT		7,221	4,563	
DISSEMINATION AGENT		394	393	
DISTRICT COUNSEL		10,503	6,547	
MANAGEMENT		14,185	19,641	
ASSESSMENT ROLL		1,313	1,309	
DUES, LICENSES & FEES		253	252	
ENGINEERING		6,564	9,166	
GENERAL INSURANCE		15,754	17,893	
WEB SITE MAINTENANCE		1,083	1,080	
LEGAL ADVERTISING		853	262	
MISCELLANEOUS		0	262	
TRAVEL AND PER DIEM		131	52	
OFFICE SUPPLIES		328	655	
POSTAGE & SHIPPING		46	65	
COPIES		394	393	
SUPERVISOR FEES		7,877	7,856	
TRUSTEE SERVICES		2,363	2,357	
OFFICE RENT		3,282	3,273	
CONTINUING DISCLOSURE FEE		394	393	
TOTAL ADMIN EXPENSES		72,939	76,413	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	9,274	10,060	
TIM OPERATIONS	34,844	34,682	
BUILDING, BRIDGE, MONUMENT MAINTENANC	8,066	325	
CONTINGENCY - MAINTENANCE	2,191	3,245	
COMMUNITY AREA MAINTENANCE	1,522	4,543	
DEVLOPMENT COORDINATOR	958	1,052	
ELECTRIC	2,648	3,570	
ENGINEERING	3,044	4,219	
FIELD MANAGEMENT	7,305	8,022	
FOUNTAIN MAINTENANCE & CHEMICALS	913	162	
LANDSCAPING MAINTENANCE & MATERIALS	27,274	33,629	
IRRIGATION	4,626	5,419	
IRRIGATION PARTS & REPAIRS	2,283	2,434	
SIDEWALK CLEANING	913	974	
SIDEWALK REPAIR	1,826	1,947	
SIGNAGE	304	325	
STREETLIGHTS	1,370	1,947	
STORMWATER MANAGEMENT	2,913	17,037	
TREE/PLANT REPLACEMENT & TRIM	6,087	6,490	
TOTAL MAINTENANCE EXPENSES	118,362	140,080	

$	191,301		
Total Expenditures		$	216,494	
			
EXCESS / (SHORTFALL)	$	178,949	$	191,334	

PAYMENT TO TRUSTEE	

(152,333)	
(162,452)	
BALANCE	$	26,616	$	28,882	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(13,308)	(14,441)	
DISCOUNTS FOR EARLY PAYMENTS	(13,308)	(14,441)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		486,157	518,451	
ON-ROLL ASSESSMENTS - ADMIN		47,526	50,079	
ON-ROLL ASSESSMENTS - MAINT		171,831	212,090	
ON-ROLL ASSESSMENTS - TIM		25,453	25,335	
STORMWATER		87,131	114,336	
OTHER INCOME		5,294	5,280	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	823,392	$	925,571	
EXPENDITURES - ADMIN				
AUDIT		4,853	3,067	
DISSEMINATION AGENT		265	264	
DISTRICT COUNSEL		7,058	4,400	
MANAGEMENT		9,533	13,200	
ASSESSMENT ROLL		882	880	
DUES, LICENSES & FEES		170	169	
ENGINEERING		4,412	6,160	
GENERAL INSURANCE		10,588	12,025	
WEB SITE MAINTENANCE		728	726	
LEGAL ADVERTISING		573	176	
MISCELLANEOUS		0	176	
TRAVEL AND PER DIEM		88	35	
OFFICE SUPPLIES		221	440	
POSTAGE & SHIPPING		31	44	
COPIES		265	264	
SUPERVISOR FEES		5,294	5,280	
TRUSTEE SERVICES		1,588	1,584	
OFFICE RENT		2,206	2,200	
CONTINUING DISCLOSURE FEE		265	264	
TOTAL ADMIN EXPENSES		49,018	51,353	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	27,229	29,537	
TIM OPERATIONS	23,417	23,308	
BUILDING, BRIDGE, MONUMENT MAINTENANC	23,682	953	
CONTINGENCY - MAINTENANCE	6,434	9,528	
COMMUNITY AREA MAINTENANCE	4,468	13,339	
DEVLOPMENT COORDINATOR	2,812	3,088	
ELECTRIC	7,775	10,481	
ENGINEERING	8,937	12,386	
FIELD MANAGEMENT	21,448	23,553	
FOUNTAIN MAINTENANCE & CHEMICALS	2,681	476	
LANDSCAPING MAINTENANCE & MATERIALS	80,080	98,737	
IRRIGATION	13,584	15,912	
IRRIGATION PARTS & REPAIRS	6,702	7,146	
SIDEWALK CLEANING	2,681	2,858	
SIDEWALK REPAIR	5,362	5,717	
SIGNAGE	894	953	
STREETLIGHTS	4,021	5,717	
STORMWATER MANAGEMENT	8,552	50,022	
TREE/PLANT REPLACEMENT & TRIM	17,873	19,056	
TOTAL MAINTENANCE EXPENSES	268,632	332,767	

$	317,650		
Total Expenditures		$	384,120	
			
EXCESS / (SHORTFALL)	$	505,742	$	541,451	

PAYMENT TO TRUSTEE	

(447,265)	
(476,975)	
BALANCE	$	58,477	$	64,476	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(29,239)	(32,238)	
DISCOUNTS FOR EARLY PAYMENTS	(29,239)	(32,238)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		256,103	273,114	
ON-ROLL ASSESSMENTS - ADMIN		31,130	32,802	
ON-ROLL ASSESSMENTS - MAINT		90,518	111,727	
ON-ROLL ASSESSMENTS - TIM		16,672	16,594	
STORMWATER		45,900	60,231	
OTHER INCOME		3,467	3,458	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	443,790	$	497,927	
EXPENDITURES - ADMIN				
AUDIT		3,178	2,009	
DISSEMINATION AGENT		173	173	
DISTRICT COUNSEL		4,623	2,882	
MANAGEMENT		6,244	8,646	
ASSESSMENT ROLL		578	576	
DUES, LICENSES & FEES		111	111	
ENGINEERING		2,890	4,035	
GENERAL INSURANCE		6,935	7,876	
WEB SITE MAINTENANCE		477	476	
LEGAL ADVERTISING		376	115	
MISCELLANEOUS		0	115	
TRAVEL AND PER DIEM		58	23	
OFFICE SUPPLIES		144	288	
POSTAGE & SHIPPING		20	29	
COPIES		173	173	
SUPERVISOR FEES		3,467	3,458	
TRUSTEE SERVICES		1,040	1,037	
OFFICE RENT		1,445	1,441	
CONTINUING DISCLOSURE FEE		173	173	
TOTAL ADMIN EXPENSES		32,107	33,636	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	14,344	15,560	
TIM OPERATIONS	15,338	15,267	
BUILDING, BRIDGE, MONUMENT MAINTENANC	12,475	502	
CONTINGENCY - MAINTENANCE	3,390	5,019	
COMMUNITY AREA MAINTENANCE	2,354	7,027	
DEVLOPMENT COORDINATOR	1,481	1,627	
ELECTRIC	4,096	5,521	
ENGINEERING	4,708	6,525	
FIELD MANAGEMENT	11,298	12,408	
FOUNTAIN MAINTENANCE & CHEMICALS	1,412	251	
LANDSCAPING MAINTENANCE & MATERIALS	42,185	52,014	
IRRIGATION	7,156	8,382	
IRRIGATION PARTS & REPAIRS	3,531	3,764	
SIDEWALK CLEANING	1,412	1,506	
SIDEWALK REPAIR	2,825	3,012	
SIGNAGE	471	502	
STREETLIGHTS	2,118	3,012	
STORMWATER MANAGEMENT	4,505	26,351	
TREE/PLANT REPLACEMENT & TRIM	9,415	10,038	
TOTAL MAINTENANCE EXPENSES	144,515	178,286	

$	176,622		
Total Expenditures		$	211,923	
			
EXCESS / (SHORTFALL)	$	267,168	$	286,004	

PAYMENT TO TRUSTEE	

(235,614)	
(251,265)	
BALANCE	$	31,554	$	34,739	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(15,777)	(17,370)	
DISCOUNTS FOR EARLY PAYMENTS	(15,777)	(17,370)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		80,243	85,573	
ON-ROLL ASSESSMENTS - ADMIN		129,985	136,967	
ON-ROLL ASSESSMENTS - MAINT		28,362	35,007	
ON-ROLL ASSESSMENTS - TIM		69,614	69,291	
STORMWATER		14,381	18,872	
OTHER INCOME		14,479	14,440	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	337,063	$	360,150	
EXPENDITURES - ADMIN				
AUDIT		13,272	8,387	
DISSEMINATION AGENT		724	722	
DISTRICT COUNSEL		19,305	12,034	
MANAGEMENT		26,073	36,101	
ASSESSMENT ROLL		2,413	2,407	
DUES, LICENSES & FEES		465	463	
ENGINEERING		12,065	16,847	
GENERAL INSURANCE		28,957	32,888	
WEB SITE MAINTENANCE		1,991	1,986	
LEGAL ADVERTISING		1,569	481	
MISCELLANEOUS		0	481	
TRAVEL AND PER DIEM		241	96	
OFFICE SUPPLIES		603	1,203	
POSTAGE & SHIPPING		84	120	
COPIES		724	722	
SUPERVISOR FEES		14,479	14,440	
TRUSTEE SERVICES		4,344	4,332	
OFFICE RENT		6,033	6,017	
CONTINUING DISCLOSURE FEE		724	722	
TOTAL ADMIN EXPENSES		134,064	140,450	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	4,494	4,875	
TIM OPERATIONS	64,045	63,747	
BUILDING, BRIDGE, MONUMENT MAINTENANC	3,909	157	
CONTINGENCY - MAINTENANCE	1,062	1,573	
COMMUNITY AREA MAINTENANCE	738	2,202	
DEVLOPMENT COORDINATOR	464	510	
ELECTRIC	1,283	1,730	
ENGINEERING	1,475	2,044	
FIELD MANAGEMENT	3,540	3,888	
FOUNTAIN MAINTENANCE & CHEMICALS	443	79	
LANDSCAPING MAINTENANCE & MATERIALS	13,218	16,297	
IRRIGATION	2,242	2,626	
IRRIGATION PARTS & REPAIRS	1,106	1,179	
SIDEWALK CLEANING	443	472	
SIDEWALK REPAIR	885	944	
SIGNAGE	148	157	
STREETLIGHTS	664	944	
STORMWATER MANAGEMENT	1,412	8,256	
TREE/PLANT REPLACEMENT & TRIM	2,950	3,145	
TOTAL MAINTENANCE EXPENSES	104,519	114,825	

$	238,584		
Total Expenditures		$	255,276	
			
EXCESS / (SHORTFALL)	$	98,480	$	104,874	

PAYMENT TO TRUSTEE	

(73,823)	
(78,727)	
BALANCE	$	24,656	$	26,147	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(12,328)	(13,074)	
DISCOUNTS FOR EARLY PAYMENTS	(12,328)	(13,074)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			PROPOSED BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		349,030	12,095	
ON-ROLL ASSESSMENTS - ADMIN		2,376	4,006	
ON-ROLL ASSESSMENTS - MAINT		123,363	4,948	
ON-ROLL ASSESSMENTS - TIM		1,273	2,027	
STORMWATER		62,555	2,667	
OTHER INCOME		265	422	
DEVELOPER CONTRIBUTION - TIM		0	0	
Total Revenues		$	538,861	$	26,166	
EXPENDITURES - ADMIN				
AUDIT		243	245	
DISSEMINATION AGENT		13	21	
DISTRICT COUNSEL		353	352	
MANAGEMENT		477	1,056	
ASSESSMENT ROLL		44	70	
DUES, LICENSES & FEES		8	14	
ENGINEERING		221	493	
GENERAL INSURANCE		529	962	
WEB SITE MAINTENANCE		36	58	
LEGAL ADVERTISING		29	14	
MISCELLANEOUS		0	14	
TRAVEL AND PER DIEM		4	3	
OFFICE SUPPLIES		11	35	
POSTAGE & SHIPPING		2	4	
COPIES		13	21	
SUPERVISOR FEES		265	422	
TRUSTEE SERVICES		79	127	
OFFICE RENT		110	176	
CONTINUING DISCLOSURE FEE		13	21	
TOTAL ADMIN EXPENSES		2,451	4,108	

EXPENDITURES - MAINT		
LAKE MAINTENANCE	19,549	689	
TIM OPERATIONS	1,171	1,865	
BUILDING, BRIDGE, MONUMENT MAINTENANC	17,002	22	
CONTINGENCY - MAINTENANCE	4,619	222	
COMMUNITY AREA MAINTENANCE	3,208	311	
DEVLOPMENT COORDINATOR	2,019	72	
ELECTRIC	5,582	245	
ENGINEERING	6,416	289	
FIELD MANAGEMENT	15,398	549	
FOUNTAIN MAINTENANCE & CHEMICALS	1,925	11	
LANDSCAPING MAINTENANCE & MATERIALS	57,493	2,304	
IRRIGATION	9,752	371	
IRRIGATION PARTS & REPAIRS	4,812	167	
SIDEWALK CLEANING	1,925	67	
SIDEWALK REPAIR	3,850	133	
SIGNAGE	642	22	
STREETLIGHTS	2,887	133	
STORMWATER MANAGEMENT	6,140	1,167	
TREE/PLANT REPLACEMENT & TRIM	12,832	445	
TOTAL MAINTENANCE EXPENSES	177,220	9,084	

$	179,671		
Total Expenditures		$	13,193	
			
EXCESS / (SHORTFALL)	$	359,191	$	12,974	

PAYMENT TO TRUSTEE	

(321,107)	
(11,128)	
BALANCE	$	38,083	$	1,846	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(19,042)	(923)	
DISCOUNTS FOR EARLY PAYMENTS	(19,042)	(923)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

PROPOSED ASSESSMENT ALLOCATION FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

FISCAL YEAR	FISCAL YEAR
2023/2024	2024/2025

CDD 1	Assessments		Proposed Assessments	
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 2				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 3				
Single Family	$	349.11		$	358.34	
Multi-Family	$	174.55		$	179.17	
Commerical Sq. Ft	$	0.1396		$	0.1433	
CDD 4				
Single Family	$	349.11		$	358.34	
Multi-Family	$	174.55		$	179.17	
Commerical Sq. Ft	$	0.1396		$	0.1433	
CDD 5				
Single Family	$	349.11		$	358.34	
Multi-Family	$	174.55		$	179.17	
Commerical Sq. Ft	$	0.1396		$	0.1433	
CDD 6				
Single Family	$	349.11		$	358.34	
Multi-Family	$	174.55		$	179.17	
Commerical Sq. Ft	$	0.1396		$	0.1433	
CDD 7				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 8				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 9				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 10				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	0.1584		$	0.1621	
CDD 11				
Single Family	$	395.93		$	405.16	
Multi-Family	$	197.97		$	202.58	
Commerical Sq. Ft	$	Page02.18584		$	0.1621	

	FISCAL YEAR 2024/2025
PROPOSED BUDGET	

REVENUES			

Interest Income		0	
Net Debt Collections		4,036,102	
Total Revenues	$	4,036,102	

EXPENDITURES			

Principal Payments		2,435,000	
Interest Payments		1,345,956	
Miscellaneous / Extra Redemption		255,146	
Total Expenditures	$	4,036,102	
			
Excess / (Shortfall)	$	-	

	Series 2014 Bond Information	

Original Par Amount =	$53,170,000	Annual Principal Payments Due =	May 1st	
Avarage Interest Rate =
Issue Date =	3.71%
April 2014	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2035			

	ASSESSMENTS		
Single Family - Per Unit	658.68	Budgeted	
Multi-Family - Per Unit	360.05	Budgeted	
Commercial- Per Square Foot	0.43656	Budgeted	

Single Family - Per Unit	
715.89	
Grossed Up - Per Methodology	
Multi-Family - Per Unit	391.31	Grossed Up - Per Methodology	
Commercial- Per Square Foot	0.4745	Grossed Up - Per Methodology	

	FISCAL YEAR 2024/2025
PROPOSED BUDGET	

REVENUES			

Interest Income		0	
Net Debt Collections		969,940	
Total Revenues	$	969,940	

EXPENDITURES			

Principal Payments		390,000	
Interest Payments		579,940	
Miscellaneous / Extra Redemption		0	
Total Expenditures	$	969,940	
			
Excess / (Shortfall)	$	-	

	Series 2021 Bond Information	

Original Par Amount =	$17,755,000	Annual Principal Payments Due =	May 1st	
Avarage Interest Rate =
Issue Date =	3.09%
July 2021	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2052			

 REVENUES	 SERVICE CHARGE - IRRIGATION ENGINEERING REVENUE FEES

Total Revenues

 EXPENSES	
FIELD OPERATIONS TRUSTEE SERVICES MANAGEMENT ENGINEERING
PROFESSIONAL SERVICES, OTHER DEVELOPMENT COORDINATOR CITY FRANCHISE FEE
TRAVEL AND PER DIEM TELEPHONE
POSTAGE AND SHIPPING BANK FEES
BAD DEBT OFFICE SUPPLIES
FIELD SUPPLIES (OTHER) DUES, LICENSES, FEES VEHICLE, GAS, & REPAIR ELECTRIC
WATER
OTHER UTILITIES GENERAL INSURANCE
GENERAL REPAIR & MAINTENANCE LANDSCAPING MAINTENANCE & MATERIAL HVAC
RENEWAL AND REPLACEMENT
OTHER SYSTEM IMPROVEMENTS OPERATING RESERVES/MISC CONTINGENCY

Total Expenses

EXCESS / (SHORTFALL) PAYMENT TO TRUSTEE BALANCE

NET INCOME

 COMMENTS	

Projected

No Change No Change
CPI Adjustment per contract No Change
No Change
CPI Adjustment per contract
6% of Gross Receipts + Installments No Change
No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change Decrease

FISCAL YEAR	
FISCAL YEAR		
2023/2024	2024/2025		
	ANNUAL BUDGET		  PROPOSED BUDGET 		
1,890,000	1,890,000		
17,338	17,338		
$	1,907,338		$	1,907,338		

0	
0		
5,000	5,000		
377,744	389,076		
40,000	40,000		
5,000	5,000		
62,933	64,821		
165,000	165,000		
400	400		
1,930	1,930		
253	253		
1,250	1,250		
65,000	65,000		
250	250		
2,000	2,000		
2,300	2,300		
1,000	1,000		
105,000	105,000		
170	170		
1,550	1,550		
21,102	21,102		
215,000	215,000		
11,000	11,000		
4,500	4,500		
250,000	250,000		
100,000	100,000		
80,000	80,000		
20,531	7,411		
$	1,538,913	$	1,539,013		
				
$	368,425		$	368,325		

(368,425)	
(368,325)		
$	0		$	0		
				
$	-		$	-		

	FISCAL YEAR 2024/2025
PROPOSED BUDGET	

REVENUES				
Transfer from Operating Fund			368,325	
Total Revenues		$	368,325	

EXPENDITURES				
Principal Payments			130,000	
Interest Payments			238,325	
Total Expenditures		$	368,325	
				
Excess / (Shortfall)		$	-	

	Series 2017 Bond Information	
Original Par Amount =	$6,095,000
Issue Date =	Oct 2017
Maturity Date =	Oct 2047

AMENDMENT #2 TO STATEMENT OF WORK #TR– 20200316
This Amendment #2 (the “Amendment”) to Statement of Work #TR-20200316 is made and entered into as of this __ day of May, 2024 (the “Amendment Effective Date”), by and between Tradition Community Development District No. 1 (“Customer”) and Beep, Inc. (“Beep”).

WHEREAS, Customer and Beep have previously entered SOW #TR-20200302, dated September 9, 2020, as amended, (the “SOW”) and the parties desire to amend the SOW as set out herein.

NOW THEREFORE, in consideration of the promises set out herein, the parties hereby agree as follows:

TERM
Section 2 of the SOW is hereby deleted in its entirety and replaced as follows:
The term of this SOW shall remain in effect through November 18, 2024 (the “SOW Term”). The SOW Term shall, thereafter, renew automatically for additional one-year terms thereafter unless Beep or Customer provides written notice to the other party no less than thirty (30) days prior to the expiration of the initial SOW Term or any one-year renewal periods thereafter of its intent to terminate this SOW. This SOW shall terminate automatically without the need for any further action by any party hereto upon the expiration or the termination of the Agreement.

GENERAL
The SOW is amended as set out in this Amendment. Except as set out herein, the terms of the SOW, shall remain in full force and effect. In the event of a conflict between the provisions of this Amendment and the provisions of the SOW, the provisions of this Amendment shall govern.

Agreed to and accepted by:

CUSTOMER	BEEP, INC.

By:	 		By:	 		
Name:	 		Name:	 		
Title:	 		Title:	 		
Date:	 		Date:	 		

TORCIVIA, DONLON,	
 GODDEAU & RUBIN, P.A.		
701 Northpoint Parkway, Suite 209 West Palm Beach, Florida 33407-1950
561-686-8700 Telephone / 561-686-8764 Facsimile www.torcivialaw.com

Glen J. Torcivia	Jennifer H.R. Hunecke	
Lara Donlon	Susan M. Garrett	
Christy L. Goddeau*	Elizabeth V. Lenihan*	
Leonard G. Rubin*	Ruth A. Holmes	
	Ben Saver	
*FLORIDA BAR BOARD CERTIFIED	Tanya M. Earley	
CITY COUNTY AND LOCAL GOVERNMENT ATTORNEY	Daniel Harrell, Of Counsel	
May 21, 2024

Via Email only
B. Frank Sakuma, Jr. District Manager 2501A Burns Rd.
Palm Beach Gardens, FL 33410 bsakuma@sdsinc.org
Re: Tradition CDD Dear Frank,
As you are aware, our firm (as well as our predecessor Dan Harrell’s firm) have been providing services at a rate of $240 per hour for several years. Attached is an Agreement with our firm which would increase that rate to $250 per hour commencing October 1, 2024. We have also included a provision that said rate will increase by 3% each October 1st commencing October 1, 2025. I would appreciate the Board’s favorable consideration of this request.
If this arrangement is agreeable to you please sign the attached and return same to me. Please do not hesitate to contact me if you have any questions.
Sincerely,

Glen J. Torcivia Glen J. Torcivia, Esq Enclosures
c: Susan Garrett c: Dan Harrell

AGREEMENT FOR LEGAL SERVICES

This Agreement (“Agreement”) is made as of the 	day of 	, 2024, by and between the Tradition, a Special District, whose mailing address is 2501A Burns Rd., Palm Beach Gardens, FL 33410 (“Tradition”) and Torcivia, Donlon, Goddeau & Rubin, P.A., whose mailing address is 701 Northpoint Parkway, Ste. 209, West Palm Beach, FL 33407 (“Firm”).

In consideration of the mutual promises contained in this Agreement, Tradition and Firm agree as follows:
SECTION 1 – SCOPE OF SERVICES AND TERM
Tradition will continue to engage the Firm to provide legal services as its District Attorney. Either Tradition or the Firm may terminate this Agreement at any time upon thirty (30) days’ written notice to the other. Termination of this Agreement shall not affect any rights, obligations, and liabilities of the parties arising out of transactions which occurred prior to termination.
SECTION 2 – REMEDIES
This Agreement shall be governed by the laws of the State of Florida. Any and all legal action necessary to enforce the Agreement will be held in St. Lucie County, Florida. No remedy herein conferred upon any party is intended to be exclusive of any other remedy, and each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute or otherwise.

SECTION 3 – WAIVER OF JURY TRIAL AND ENFORCEMENT COSTS
WAIVER OF JURY TRIAL. TO ENCOURAGE PROMPT AND EQUITABLE RESOLUTION OF ANY LITIGATION, EACH PARTY HEREBY WAIVES ITS RIGHTS TO A TRIAL BY JURY IN ANY LITIGATION RELATED TO THIS AGREEMENT.

If any legal action or other proceeding is brought for the enforcement of the Agreement, or because of an alleged dispute, breach, default, or misrepresentation in connection with any provisions of the Agreement, the parties agree that each party shall be responsible for its own attorney’s fees.

SECTION 4 - AUTHORITY TO PRACTICE
The Firm hereby represents and warrants that it has and will continue to maintain all licenses and approvals required to conduct its business, and that it will at all times conduct its business activities in a reputable manner and in accordance with applicable law. Proof of such licenses and approvals shall be submitted to Tradition upon request.

SECTION 5 – SEVERABILITY
If any term or provision of the Agreement, or the application thereof to any person or circumstances shall, to any extent, be held invalid or unenforceable, to remainder of the Agreement, or the application of such terms or provision, to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected, and every other term and provision of the Agreement shall be deemed valid and enforceable to the extent permitted by law.
SECTION 6 - PUBLIC ENTITY CRIMES, DISCRIMINATION AND SCRUTINIZED COMPANIES
As provided in Sections 287.132-133, Florida Statutes, as amended from time to time, by entering into the Agreement, Firm certifies that it, its affiliates, suppliers, subcontractors and any other contractors who will perform hereunder, have not been placed on the convicted vendor list maintained by the State of

Florida Department of Management Services within the thirty-six (36) months immediately preceding the date hereof.
As provided in Sections 287.134, Florida Statutes, as amended from time to time, by entering into the Agreement, Firm certifies that it and its affiliates have not been placed on the discriminatory vendor list maintained by the State of Florida Department of Management Services within the thirty-six (36) months immediately preceding the date hereof.

Firm certifies that it and its subcontractors are not on the Scrutinized Companies that Boycott Israel List and are not engaged in the boycott of Israel. Pursuant to section 287.135, Florida Statutes, Tradition may immediately terminate this Agreement at its sole option if the Firm or any of its subcontractors are found to have submitted a false certification; or if the Firm or any of its subcontractors, are placed on the Scrutinized Companies that Boycott Israel List or is engaged in the boycott of Israel during the term of this Agreement.

SECTION 7 - ENTIRETY OF CONTRACTUAL AGREEMENT
Tradition and Firm agree that this Agreement sets forth the entire contract between the parties, and that there are no promises or understandings other than those stated herein. None of the provisions, terms and conditions contained in this Agreement may be added to, modified, superseded, or otherwise altered, except by written instrument executed by the parties hereto.

SECTION 8 – WAIVER
Failure of either party to enforce or exercise any right(s) under the Agreement shall not be deemed a waiver of either party’s right to enforce or exercise said right(s) at any time thereafter.
SECTION 9 – COMPLIANCE
Each of the parties agrees to perform its obligations under the Agreement in conformance with all laws, regulations and administrative instructions that relate to the parties’ performance of the Agreement. In the event that either party becomes aware of a possible violation of law, regulation or administrative instruction that might affect the validity or legality of the services provided under the Agreement, such party shall immediately notify the other party and the parties shall agree on appropriate corrective action. In the event either party becomes aware that any investigation or proceeding has been initiated with respect to any of the services provided hereunder, such party shall immediately notify the other party.
SECTION 10 – EFFECTIVENESS
This Agreement shall not become effective until approved by Tradition. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and will become effective and binding upon the parties as of the effective date at such time as all the signatories hereto have signed a counterpart of this Agreement.

SECTION 11 – INDEPENDENT CONTRACTOR
No relationship of employer or employee is created by this Agreement, it being understood that Firm will act hereunder as an independent contractor and none of the Firm’s, officers, directors, employees, independent contractors, representatives, or agents performing services for Firm pursuant to this Agreement shall have any claim against Tradition for compensation of any kind under this Agreement. The relationship between Tradition and Firm is that of independent contractors, and neither shall be considered a joint venturer, partner, employee, agent, representative or other relationship of the other for any purpose expressly or by implication.

SECTION 12 –COMPENSATION AND INVOICING
Tradition shall compensate the Firm on an hourly basis of $250 per hour for legal services provided commencing October 1, 2024. Said fee shall be increased by 3% annually each year on October 1st, commencing on October 1, 2025.

The Firm shall render monthly invoices to Tradition for services that have been rendered in conformity with this Agreement in the previous month. Invoices will normally be paid within thirty (30) days following Tradition’s receipt of the Firm’s invoice.
All invoices must be submitted to Tradition, 2501A Burns Rd., Palm Beach Gardens, FL 33410 on a monthly basis. Invoices should be itemized to specifically and concisely identify each task performed and should reflect the actual time spent on each task, using 1/10 of an hour increments. Tradition does not accept grouping of activities or “block billing.” Each task must be billed separately, and each billing entry must be sufficiently descriptive so that it can be determined exactly what professional service was provided and the appropriateness of the related time charge can be assessed. Additionally, the personnel who perform each task must be specified together with their hourly rate. Any other type of billing or timekeeping, which allows compensation for time not actually spent by the Firm, is not permitted by Tradition.

Tradition will reimburse the Firm for any out-of-pocket expenses, including, but not limited to, filing fees, long-distance telephone charges, postage charges, courier fees, outside printing, photocopying, court reporting and transcription fees. Payment for some of these fees is outlined more specifically below.

Tradition will not pay for local facsimile transmissions.
Any travel, per diem, mileage, or meal expenses, which may be reimbursable, must be approved in advance (orally) and will be paid in accordance with the rates and conditions set forth in Section 112.061, Florida Statues.

Tradition does not pay for local travel, including, but not limited to, attorney’s time for such local travel and/or reimbursement for meals.

For all disbursements, Tradition requires copies of paid receipts, invoices, or other documentation acceptable to the Tradition. Such documentation must be sufficient to establish that the expense was actually incurred and necessary in the performance of legal services provided.
SECTION 13 - INSURANCE
The Firm shall maintain during the term of this Agreement all insurance coverage as required hereunder. Such insurance policy(s) shall be issued by the United States Treasury or insurance carriers approved and authorized to do business in the State of Florida, and who must have a rating of no less than “excellent” by A.M. Best or as mutually agreed upon by Tradition and the Firm.

Type of Coverage	Amount of Coverage
Professional liability/
Errors and Omissions	$1,000,000 per occurrence

Commercial General Liability Insurance	$1,000,000 per occurrence
$2,000,000 aggregate

Automobile Liability (optional /per case basis)	$1,000,000 combined Single Limit

Workers’ Compensation	Must be in accordance with State and Federal Laws (no minimum amount)
Cyber Liability	$1,000,000 per occurrence or claim
$2,000,000 aggregate

Proof of all insurance coverage shall be furnished to Tradition by way of an endorsement to same or certificate of insurance upon request by Tradition. Tradition shall be identified as an “Additional Insured” on general and auto liability. Failure to comply with the foregoing requirements shall not relieve Firm of its liability and obligations under this Agreement.
SECTION 14 – PUBLIC RECORDS
The Firm shall comply with Florida’s Public Records Act, Chapter 119, Florida Statutes, and, if determined to be acting on behalf of Tradition as provided under section 119.011(2), Florida Statutes, specifically agrees to:
Keep and maintain public records required by Tradition to perform the service.

Upon request from Tradition’s custodian of public records or designee, provide Tradition with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes, or as otherwise provided by law.

Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of this Agreement and following completion of this Agreement if the Firm does not transfer the records to Tradition.
Upon completion of this Agreement, transfer, at no cost, to Tradition all public records in possession of the Firm or keep and maintain public records required by Tradition to perform the service. If the Firm transfers all public records to Tradition upon completion of the Agreement, the Firm shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the Firm keeps and maintains public records upon completion of the Agreement, the Firm shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to Tradition upon request from Tradition’s custodian of public records or designee, in a format that is compatible with the information technology systems of Tradition.

IF THE FIRM HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE FIRM'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS OR DESIGNEE AT TRADITION, 2501A BURNS RD., PALM BEACH GARDENS, FL 33410.
SECTION 15 – E-VERIFY

Pursuant to Section 448.095(5), Florida Statutes, the Firm shall:
Register with and use the E-Verify system to verify the work authorization status of all newly hired employees pursuant to Section 448.095(2), Florida Statutes, and require all subcontractors do the same;
Secure an affidavit from all subcontractors stating that the subcontractor does not employ, contract with, or subcontract with an “unauthorized alien” as defined in Section 448.095(1)(f), Florida Statutes;
Maintain copies of all subcontractor affidavits for the duration of this Agreement and provide the same to Tradition upon request;
Comply fully, and ensure all of its subcontractors comply fully, with Section 448.095, Florida Statutes;
Be aware that a violation of Section 448.09(1), Florida Statutes (Unauthorized aliens; employment prohibited) shall be grounds for termination of this Agreement;
Be aware that a violation of Section 448.095(5) by a subcontractor, and not the Firm, shall be grounds for Tradition to order the Firm immediately terminate the contract with the subcontractor; and
Be aware that if Tradition terminates this Agreement under Section 448.095(5)(c), Florida Statues, the Firm may not be awarded a contract for at least 1 year after the date on which the Agreement is terminated and will be liable for any additional costs incurred by Tradition as a result of the termination of the Agreement.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement for Legal Services to be executed as of the day and year set forth above.

ATTESTS:	TRADITION

By: 	

Secretary/Assistant	B.	Frank	Sakuma,	Jr.,	District Manager

TORCIVIA, DONLON, GODDEAU & RUBIN, P.A.

By:		 Glen J. Torcivia, President

Tradition Community Development Districts #1-11

Financial Report Fiscal Year 2023/2024
October 1, 2023 - April 30, 2024

FINANCIAL REPORT
TRADITION COMMUNITY DEVELOPMENT DISTRICT #1-11 RECAP FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - APRIL 30, 2024

	FISCAL YEAR	FISCAL YEAR				
	2023/2024	10/01/23 - 04/30/24		% Of		
		FINAL BUDGET	 	ACTUALS				Budget			 COMMENTS		
 REVENUES	
ON-ROLL ASSESSMENTS - Debt	5,440,105	5,032,706		93%			
ON-ROLL ASSESSMENTS - ADMIN	538,664	550,884		102%			
ON-ROLL ASSESSMENTS - MAINT	1,922,785	1,966,406		102%			
ON-ROLL ASSESSMENTS - TIM	163,587	167,298		102%			
STORMWATER	975,000	1,227,933		126%			
OTHER INCOME	60,000	205,122		342%			

Total Revenues	$	9,100,142	$	9,150,349		101%			

 EXPENDITURES - ADMIN	
AUDIT	 

55,000	0		
0%			
BANK FEES	0	0		0%			
DISSEMINATION AGENT	3,000	0		0%			
DISTRICT COUNSEL	80,000	24,865		31%			
MANAGEMENT	108,046	56,094		52%			
ASSESSMENT ROLL	10,000	0		0%			
DUES, LICENSES & FEES	1,925	1,925		100%			
ENGINEERING	50,000	50,000		100%			
GENERAL INSURANCE	120,000	123,014		103%			
WEB SITE MAINTENANCE	8,250	4,375		53%			
LEGAL ADVERTISING	6,500	1,590		24%			
MISCELLANEOUS	0	1,067		1067%		Traffic Cones	
TRAVEL AND PER DIEM	1,000	202		20%			
OFFICE SUPPLIES	2,500	2,856		114%			
POSTAGE & SHIPPING	350	489		140%			
COPIES	3,000	0		0%			
SUPERVISOR FEES	60,000	16,832		28%			
TRUSTEE SERVICES	18,000	0		0%			
OFFICE RENT	25,000	54,737		219%			
CONTINUING DISCLOSURE FEE	3,000	1,500		50%			
TOTAL ADMIN EXPENSES	555,571	339,546		61%			

EXPENDITURES - MAINT						

LAKE MAINTENANCE	304,696	126,446		41%			
TIM OPERATIONS	150,500	239,358		159%			
BUILDING, BRIDGE, MONUMENT MAINTENA	265,000	0		0%			
(FKA CONTINGENCY) - MAINT RESERVES	72,000	0		0%			
COMMUNITY AREA MAINTENANCE	50,000	114,652		229%			
DEVELOPMENT COORDINATOR	31,467	18,354		58%			
ELECTRIC	87,000	54,368		62%			
ENGINEERING	100,000	94,805		95%			
FIELD MANAGEMENT	240,000	115,306		48%			
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	2,433		8%			
LANDSCAPING MAINTENANCE & MATERIALS	896,100	669,384		75%			
IRRIGATION	152,000	97,802		64%			
IRRIGATION PARTS & REPAIRS	75,000	122,664		164%			
SIDEWALK CLEANING	30,000	15,000		50%			
SIDEWALK REPAIR	60,000	33,612		56%			
SIGNAGE	10,000	7,928		79%			
STREETLIGHTS	45,000	59,076		131%			
STORMWATER MANAGEMENT	95,700	440,175		460%			
TREE/PLANT REPLACEMENT & TRIM	200,000	139,105		70%			
TOTAL MAINTENANCE EXPENSES	2,894,463	2,350,468		81%			

 					
Total Expenditures	$	3,450,034	$	2,690,013		78%			

	 

EXCESS / (SHORTFALL)	$	5,650,108	$	6,460,336		114%			

PAYMENT TO TRUSTEE	 

(5,004,897)	(4,744,392)		
95%			

BALANCE	$	645,211	$	1,715,944					

COUNTY APPRAISER & TAX COLLECTOR FEE	 
(322,606)	(309,041)		96%			
DISCOUNTS FOR EARLY PAYMENTS	(322,606)	(294,076)		91%			

NET EXCESS / (SHORTFALL)	$	-	$	1,112,827					

11:14 AM	Tradition CDD No. 1
04/30/24	Balance Sheet
Accrual Basis	As of April 30, 2024

Apr 30, 24

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1157	2,687,125.45	
Total Checking/Savings	2,687,125.45	
Accounts Receivable		
11000 · Accounts Receivable	1,428,430.07	
Total Accounts Receivable	1,428,430.07	
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	4,116,755.30	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-18,711.00	
Total Other Assets	-18,711.00	
TOTAL ASSETS	4,098,044.30	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

218,662.94	
Total Accounts Payable	218,662.94	
Other Current Liabilities		
01-2023 · Due To Other Funds	396,051.84	
01-2025 · Deposits - Engr Deposit	36,142.33	
01-2026 · Deposits - Lake Bank Restoratio	535,941.27	
01-3010 · General Reserve - Signage	500,000.00	
01-3020 · General Maintenance Reserves	97,000.00	
Total Other Current Liabilities	1,565,135.44	
Total Current Liabilities	1,783,798.38	
Total Liabilities	1,783,798.38	
Equity		
30000 · Opening Balance Equity	203,755.31	
99-9999 · Retained Earnings	997,663.85	
Net Income	1,112,826.76	
Total Equity	2,314,245.92	
TOTAL LIABILITIES & EQUITY	4,098,044.30	

Page 1

FINANCIAL REPORT
TRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - APRIL 30, 2024

	FISCAL YEAR		FISCAL YEAR		
	2023/2024		10/01/23 - 04/30/24		% Of		
	FINAL BUDGET		ACTUALS		Budget		
 REVENUES	
SERVICE CHARGE - IRRIGATION		
1,890,000		
1,133,090			
60%	
ENGINEERING REVENUE FEES/OTHER		17,338		29,912			173%	
Total Revenues		$	1,907,338		$	1,163,002			232%	

 EXPENSES	
TRUSTEE SERVICES		
5,000		
-4,246			
-85%	
MANAGEMENT		377,744		220,351			58%	
ENGINEERING		40,000		59,593			149%	
PROFESSIONAL SERVICES, OTHER		5,000					0%	
DEVELOPMENT COORDINATOR		62,933		36,708			58%	
CITY FRANCHISE FEE		165,000		117,925			71%	
TRAVEL AND PER DIEM		400					0%	
TELEPHONE		1,930					0%	
POSTAGE AND SHIPPING		253		135			53%	
BANK FEES		1,250					0%	
BAD DEBT		65,000					0%	
OFFICE SUPPLIES		250		1,056			423%	
FIELD SUPPLIES (OTHER)		2,000					0%	
DUES, LICENSES, FEES		2,300					0%	
VEHICLE, GAS, & REPAIR		1,000					0%	
ELECTRIC		105,000		64,301			61%	
WATER		170		142			83%	
OTHER UTILITIES		1,550					0%	
GENERAL INSURANCE		21,102					0%	
GENERAL REPAIR & MAINTENANCE		215,000		170,236			79%	
LANDSCAPING MAINTENANCE & MATERIAL		11,000					0%	
HVAC		4,500					0%	
RENEWAL AND REPLACEMENT		250,000		149,190			60%	
OTHER SYSTEM IMPROVEMENTS		100,000					0%	
OPERATING RESERVES/MISC		80,000		4,474			6%	
CONTINGENCY		20,531					0%	
Total Expenses		$	1,538,913		$	819,865			53%	
								
EXCESS / (SHORTFALL)		$	368,425		$	343,137			93%	

PAYMENT TO TRUSTEE		
(368,425)		
(215,206)			
58%	
BALANCE		$	0		$	127,931				
								
NET INCOME		$	0		$	127,931				

04/30/24	Balance Sheet
Accrual Basis	As of April 30, 2024

Apr 30, 24
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	1,269,579.61	
Total 01-1001 · Valley National #4703	
1,305,452.18	
Total Checking/Savings	1,305,452.18	
Accounts Receivable		
01-1200 · Accounts Receivable	216,470.16	
Total Accounts Receivable	216,470.16	
Other Current Assets		
01-2023 · Due From Other Funds	17,900.21	
Total Other Current Assets	17,900.21	
Total Current Assets	1,539,822.55	
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	-23,955.18	
Total Other Assets	-23,860.18	
TOTAL ASSETS	1,539,919.37	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

50,784.78	
Total Accounts Payable	50,784.78	
Other Current Liabilities		
01-2026 · Deposits - Security Deposit	1,390.22	
01-2027 · Deferred Revenue	10,000.00	
Total Other Current Liabilities	11,390.22	
Total Current Liabilities	62,175.00	
Long Term Liabilities		
11-2180 · Note Payable	93,787.00	
Total Long Term Liabilities	93,787.00	
Total Liabilities	155,962.00	
Equity		
30000 · Net Assets - 270	-87,351.52	
99-9999 · Retained Earnings	1,343,378.21	
Net Income	127,930.68	
Total Equity	1,383,957.37	
TOTAL LIABILITIES & EQUITY	1,539,919.37	

04/30/24	A/R Aging Summary
As of April 30, 2024

	Current		1 - 30		31 - 60		61 - 90		> 90		TOTAL	
706800 Wells Fargo	0.00		32.70		0.00		0.00		0.00		32.70	
Aycock at Tradition	0.00		204.13		0.00		0.00		0.00		204.13	
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		134.37		0.00		0.00		268.74	
Christ Fellowship Church	0.00		1,646.88		0.00		0.00		0.00		1,646.88	
Cleveland Clinic Florida	0.00		0.00		0.00		0.00		9,322.32		9,322.32	
Cleveland Clinic Martin Health -Tradition	0.00		64.80		0.00		0.00		0.00		64.80	
Culver's - G&S Family Hospitality Svcs	0.00		73.33		0.00		0.00		73.33		146.66	
Del Webb at Tradition Homeowners Assoc	0.00		3,519.15		0.00		0.00		0.00		3,519.15	
Estates at Tradition	0.00		5,763.07		5,763.07		5,763.07		40,341.49		57,630.70	
Florida International University	0.00		1,091.97		1,091.97		1,091.97		22,931.37		26,207.28	
Grande Palms at Tradition I & II	0.00		879.92		879.92		879.92		879.92		3,519.68	
Grande Palms at Tradition III	0.00		1,708.31		1,708.31		1,708.31		1,708.31		6,833.24	
Heritage Oaks	0.00		0.00		0.00		0.00		0.00		0.00	
Heron Preserves	0.00		1,748.45		0.00		0.00		0.00		1,748.45	
Hilton - Homewood Suites, PSL	0.00		346.82		346.82		0.00		0.00		693.64	
Innovo Development Group, LLC	0.00		188.27		0.00		188.27		0.00		376.54	
Kite Realty Group	0.00		2,815.73		0.00		0.00		0.00		2,815.73	
Martin Health System	0.00		921.54		0.00		0.00		0.00		921.54	
O & A Florida Investments, LLC	0.00		52.91		0.00		0.00		0.00		52.91	
Panaderias, LLC	0.00		97.11		0.00		0.00		0.00		97.11	
Panda Restaurant Group Inc	0.00		57.27		0.00		0.00		57.27		114.54	
Pegasus PSL, Ltd	0.00		283.40		0.00		0.00		0.00		283.40	
Promenade at Tradition Community Assoc	0.00		0.00		0.00		0.00		467.70		467.70	
Recovery Sports Grill	0.00		0.00		0.00		0.00		0.01		0.01	
Renaissance CS at Tradition	0.00		768.94		0.00		0.00		0.00		768.94	
Rise Tradition Investment LLC	0.00		190.25		0.00		0.00		0.00		190.25	
Seven Restaurants, LLC	0.00		89.18		89.18		89.18		178.36		445.90	
SG Mini Golf	0.00		0.00		0.00		0.00		158.54		158.54	
South Florida Orthopedic	0.00		178.36		0.00		0.00		0.00		178.36	
Springs at Tradition	0.00		1,789.57		0.00		0.00		0.00		1,789.57	
The Lakes at Tradition	0.00		16,228.96		0.00		0.00		1,169.29		17,398.25	
The Lucie at Tradition	0.00		1,089.99		0.00		0.00		0.00		1,089.99	
The Preserves Phase I & II	0.00		933.43		933.43		0.00		4,667.15		6,534.01	
Town Park Master Assoc., Inc.	0.00		0.00		0.00		26,916.81		0.00		26,916.81	
Tradition CDD #1	0.00		13,971.69		0.00		0.00		0.00		13,971.69	
Tradition HOA	0.00		1,898.56		1,898.56		0.00		0.00		3,797.12	
Tradition POA	0.00		229.89		0.00		0.00		0.00		229.89	
Treasure Coast Physicians Properties, LLC	0.00		6.54		0.00		6.54		0.00		13.08	
Truist Bank	0.00		91.16		91.16		91.16		911.60		1,185.08	
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		0.00		0.00		6,312.03		12,624.06	
Vitalia at Tradition	0.00		-180.00		0.00		0.00		0.00		-180.00	
Wawa, Inc.	0.00		0.00		0.00		0.00		-95.92		-95.92	
TOTAL	0.00		77,233.63		12,936.79		36,735.23		89,564.51		216,470.16