TRADITION COMMUNITY DEVELOPMENT
DISTRICT NOS. 1 - 11 PORT ST. LUCIE
REGULAR BOARD MEETING & PUBLIC HEARING
SEPTEMBER 4, 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 Facsimil

AGENDA
TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.’S 1-11
Tradition Town Hall 10799 SW Civic Lane
Port St. Lucie, Florida 34987 OR
Join Zoom Meeting: https://us02web.zoom.us/j/3341025012?omn=86275807824 Meeting ID: 334 102 5012
Dial In at: 1 929 436 2866
REGULAR BOARD MEETING & PUBLIC HEARING
September 4, 2024
11:00 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Appointments to Vacant Board Seats
Seat New Board Members/Administrator Oath of Office
Additions or Deletions
Comments from the Public for Items Not on the Agenda
Public Hearing – Adopting Fiscal Year Budget 2024/2025 Final Budget
Proof of Publication.	Page 2
Receive Public Comments on Adopting Fiscal Year 2024/2025 Final Budget
Consider Resolution No. 2024-14; Adopting Fiscal Year 2024/2025 Final Budget	Page 3
Consider Resolution No. 2024-16; Levying Non-Ad Valorem Assessments for Tradition CDD
No.’s 1-1 for the Fiscal Year 2024/2025.	Page 42
Consent Items
Approval of August 7, 2024, Regular Board Meeting Minutes	Page 65
Approve WA #19-143-178; Western Grove – Cadence WG5D Phase 1 Plat	Page 71
Old Business
New Business
Administrative Matters
Manager’s Report
Attorney’s Report
Engineer’s Report
Financial Report	Page 73
Founder’s Report
Board Member Discussion Requests and Comments

Adjourn

Notice of Public Hearing
and Regular Board Meeting of the Tradition Community Development District Nos. 1-11

The Board of Supervisors (the “Board”) of the Tradition Community Development District Nos. 1-11 will hold a Public Hearing and Regular Board Meeting on September 4, 2024, at 11:00 a.m., or as soon thereafter as can be heard, at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2024/2025 Proposed Final Budgets of the Tradition Community Development District Nos. 1-11. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budgets and/or the Agenda 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 34987 during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
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 Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (772) 345-5119 and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Tradition Community Development District Nos. 1-11 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

PUBLISH: St. Lucie News Tribune	08/15/24 & 08/22/24

Notice of Public Hearing
and Regular Board Meeting of the Tradition Community Development District Nos. 1-11

The Board of Supervisors (the “Board”) of the Tradition Community Development District Nos. 1-11 will hold a Public Hearing and Regular Board Meeting on September 4, 2024, at 11:00 a.m., or as soon thereafter as can be heard, at Tradition Town Hall located at 10799 SW Civic Lane, Port St. Lucie, Florida 34987.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2024/2025 Proposed Final Budgets of the Tradition Community Development District Nos. 1-11. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budgets and/or the Agenda 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 34987 during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
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 Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (772) 345-5119 and/or toll free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Tradition Community Development District Nos. 1-11 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

PUBLISH: St. Lucie News Tribune	08/15/24 & 08/22/24

RESOLUTION 2024-14

THE ANNUAL APPROPRIATION RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Development District No. 1 (“District No. 1”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 1, along with Tradition Community Development District Nos. 2-11 (“Other Districts,” and collectively with District No. 1, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to District No. 1 the authority to act on behalf of the Districts with respect to development and approval of the annual budget for the Districts; and
WHEREAS, the District Manager has, on the 5th day of June, 2024, submitted to the Board of Supervisors of District No. 1 (the “Board”) a proposed budget for the next ensuing budget year for the Districts along with an explanatory and complete financial plan for each fund of the Districts, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the Board set September 4th, 2024, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and
WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1, of each year, the Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the Districts during the ensuing fiscal year; and
WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

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

Section 1.	Budget

That the Board has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and hereby approves certain amendments thereto, as shown in Section 2 below.

That the District Manager’s Proposed Budget for the Districts, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, as attached hereto as Exhibit A; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2024/2025 and/or revised projections for Fiscal Year 2024/2025.

That the adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as “Tradition Community Development Districts 1-11, Budget for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025”, as adopted by the Board on September 4th, 2024.

Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 1, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 1 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 2, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 2 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 3, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 3 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 4, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 4 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 5, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 5 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 6, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 6 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 7, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 7 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 8, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 8 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 9, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 9 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 10, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 10 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

There is hereby appropriated out of the revenues of the Tradition Community Development District No. 11, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, the sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of District No. 11 during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

ENTERPRISE FUND	$	

TOTAL ALL FUNDS	$	

Section 3.	Supplemental Appropriations

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($11,000) Dollars or have the effect of causing more than 11% of the total appropriation of a given program or project to be transferred, previously approved transfers included. Such transfer shall not have the effect of causing a more than $11,000 or 11% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

Introduced, considered favorably, and adopted this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma. Jr.)

EXHIBIT "A"

TRADITION COMMUNITY DEVELOMENT DISTRICTS 1-11 BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025

Tradition Community Development Districts #1-11

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

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

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		4,853		413,590		912,617		1,007,652		1,006,088		955,945		173,560		509,589		268,446		84,110		11,889		5,348,340	
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		1,999		170,310		375,803		414,937		414,293		393,645		71,469		209,841		110,542		34,635		4,896		2,202,370	
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		$	14,396		$	710,508		$  1,562,050		$  1,718,372		$  1,715,813		$  1,627,461		$	404,044		$	914,460		$	492,074		$	358,316		$	25,907		$  9,543,400	

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		457		38,919		85,878		94,821		94,674		89,956		16,332		47,953		25,261		7,915		1,119		503,285	
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		4,792		259,248		550,501		607,828		606,884		576,637		139,376		330,698		177,196		114,484		9,036		3,376,681	
																									
Total Expenditures		$	8,901		$	280,765		$	614,384		$	672,481		$	671,537		$	635,436		$	215,789		$	382,051		$	210,833		$	254,934		$	13,144		$  3,960,256	
																									
EXCESS / (SHORTFALL)		$	5,496		$	429,743		$	947,665		$  1,045,891		$  1,044,275		$	992,024		$	188,255		$	532,409		$	281,241		$	103,382		$	12,763		$  5,583,145	

PAYMENTS TO TRUSTEE		
(4,465)		
(380,503)		
(839,608)		
(927,040)		
(925,601)		
(879,470)		
(159,675)		
(468,822)		
(246,970)		
(77,381)		
(10,938)		
(4,920,473)	
BALANCE		$	1,031		$	49,240		$	108,058		$	118,851		$	118,674		$	112,554		$	28,580		$	63,588		$	34,271		$	26,000		$	1,825		$	662,672	

COUNTY APPRAISER & TAX COLLECTOR FEE		
(515)		
(24,620)		
(54,029)		
(59,426)		
(59,337)		
(56,277)		
(14,290)		
(31,794)		
(17,135)		
(13,000)		
(913)		
(331,336)	
DISCOUNTS FOR EARLY PAYMENTS		(515)		(24,620)		(54,029)		(59,426)		(59,337)		(56,277)		(14,290)		(31,794)		(17,135)		(13,000)		(913)		(331,336)	
NET EXCESS / (SHORTFALL)		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-	

	FISCAL YEAR	FISCAL YEAR	FISCAL YEAR		
	2023/2024	2023/2024	2024/2025		
		ANNUAL BUDGET		  ACTUALS - JULY 2024 		FINAL BUDGET			
 REVENUES						
ON-ROLL ASSESSMENTS - Debt	5,440,105	5,296,983	5,348,340		
ON-ROLL ASSESSMENTS - ADMIN	538,664	576,283	569,103		
ON-ROLL ASSESSMENTS - MAINT	1,922,785	2,057,067	2,202,370		
ON-ROLL ASSESSMENTS - TIM	163,587	175,011	163,587		
STORMWATER	975,000	1,264,757	1,200,000		
OTHER INCOME	60,000	233,852	60,000		
 Total Revenues		 $	9,100,142 	 $	9,603,954 	 $	9,543,400 		
 EXPENDITURES - ADMIN						
AUDIT	55,000	33,300	34,850		
BANK FEES	0	0	0		
DISSEMINATION AGENT	3,000	0	3,000		
DISTRICT COUNSEL	80,000	29,449	50,000		
MANAGEMENT	108,046	80,134	150,000		
ASSESSMENT ROLL	10,000	0	10,000		
DUES, LICENSES & FEES	1,925	1,925	1,925		
ENGINEERING	50,000	72,763	70,000		
GENERAL INSURANCE	120,000	123,014	136,650		
WEB SITE MAINTENANCE	8,250	6,250	8,250		
LEGAL ADVERTISING	6,500	1,959	2,000		
MISCELLANEOUS	0	1,067	2,000		
TRAVEL AND PER DIEM	1,000	288	400		
OFFICE SUPPLIES	2,500	1,877	5,000		
POSTAGE & SHIPPING	350	1,188	500		
COPIES	3,000	2,441	3,000		
SUPERVISOR FEES	60,000	26,647	60,000		
TRUSTEE SERVICES	18,000	16,663	18,000		
OFFICE RENT	25,000	79,863	25,000		
CONTINUING DISCLOSURE FEE	3,000	1,500	3,000		
TOTAL ADMIN EXPENSES	555,571	480,328	583,575		

 COMMENTS	

Decrease per new bid Line item removed No Change
Decrease for FY24 Actuals
CPI Increase per contract plus additional CDD No Change
No Change
Increase for FY24 actuals Estimating increase Additional CDD
Decrease for FY24 Actuals Increase for FY24 actuals Decrease for FY24 Actuals Increase for FY24 actuals Increase for FY24 actuals No Change
No Change No Change No Change No Change

	FISCAL YEAR	FISCAL YEAR	FISCAL YEAR		
	2023/2024	2023/2024	2024/2025		
	ANNUAL BUDGET	ACTUALS - JULY 2024	FINAL BUDGET		
EXPENDITURES - MAINT					
LAKE MAINTENANCE	304,696	156,961	310,000		
TIM OPERATIONS	150,500	294,684	150,500		
BUILDING, BRIDGE, MONUMENT MAINTENAN	265,000	0	10,000		
(FKA CONTINGENCY) - MAINT RESERVES	72,000	0	100,000		
COMMUNITY AREA MAINTENANCE	50,000	135,452	140,000		
DEVELOPMENT COORDINATOR	31,467	26,220	32,410		
ELECTRIC	87,000	67,095	110,000		
ENGINEERING	100,000	155,299	130,000		
FIELD MANAGEMENT	240,000	164,723	247,200		
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	2,433	5,000		
LANDSCAPING MAINTENANCE & MATERIALS	896,100	883,919	1,036,285		
IRRIGATION	152,000	139,717	167,000		
IRRIGATION PARTS & REPAIRS	75,000	123,324	75,000		
SIDEWALK CLEANING	30,000	22,500	30,000		
SIDEWALK REPAIR	60,000	33,612	60,000		
SIGNAGE	10,000	10,428	10,000		
STREETLIGHTS	45,000	95,949	60,000		
STORMWATER MANAGEMENT	95,700	530,511	503,285		
TREE/PLANT REPLACEMENT & TRIM	200,000	281,462	200,000		
TOTAL MAINTENANCE EXPENSES	2,894,463	3,124,288	3,376,681		
	
$	3,450,034	$	3,604,615			
Total Expenditures		$	3,960,256		
				
EXCESS / (SHORTFALL)	$	5,650,108	$	5,999,339	$	5,583,145		

PAYMENT TO TRUSTEE	
(5,004,897)	(5,005,168)	
(4,920,473)		
BOND PREPAYMENTS	-	Not Included in Actuals			
BALANCE	$	645,211	$	994,171	$	662,672		

COUNTY APPRAISER & TAX COLLECTOR FEE	(322,606)	(316,791)	(331,336)		
DISCOUNTS FOR EARLY PAYMENTS	(322,606)	(294,211)	(331,336)		
NET EXCESS / (SHORTFALL)	$	-	$	383,169	$	-		

 COMMENTS	

Per contract, now inlcudes Wetland maintenance No Change
Reduced by $255K - large projects pushed into future FY Increase
Increase for FY24 actuals
Split with SG plus CPI Increase per contract Estimate
Increase for FY24 actuals
Increase for Western Grove + additional CDD Decrease for FY24 Actuals
Increase per anticipated cost Estimate
No Change No Change No Change No Change
Increase for FY24 actuals
Estimated Canal & Lake Banks Mowing/Maintenance No Change

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		4,630	4,853	
ON-ROLL ASSESSMENTS - ADMIN		3,802	4,006	
ON-ROLL ASSESSMENTS - MAINT		1,637	1,999	
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	$	14,396	
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 MAINTENAN	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	457	
TREE/PLANT REPLACEMENT & TRIM	170	181	
TOTAL MAINTENANCE EXPENSES	4,209	4,792	

$	8,130		
Total Expenditures		$	8,901	
			
EXCESS / (SHORTFALL)	$	5,228	$	5,496	

PAYMENT TO TRUSTEE	

(4,260)	
(4,465)	
BALANCE	$	968	$	1,031	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(484)	(515)	
DISCOUNTS FOR EARLY PAYMENTS	(484)	(515)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		394,573	413,590	
ON-ROLL ASSESSMENTS - ADMIN		19,914	20,983	
ON-ROLL ASSESSMENTS - MAINT		139,460	170,310	
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	$	710,508	
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 MAINTENAN	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	38,919	
TREE/PLANT REPLACEMENT & TRIM	14,506	15,466	
TOTAL MAINTENANCE EXPENSES	208,832	259,248	

$	229,371		
Total Expenditures		$	280,765	
			
EXCESS / (SHORTFALL)	$	408,176	$	429,743	

PAYMENT TO TRUSTEE	

(363,007)	
(380,503)	
BALANCE	$	45,169	$	49,240	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(22,584)	(24,620)	
DISCOUNTS FOR EARLY PAYMENTS	(22,584)	(24,620)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		870,654	912,617	
ON-ROLL ASSESSMENTS - ADMIN		59,123	62,299	
ON-ROLL ASSESSMENTS - MAINT		307,730	375,803	
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	$	1,562,050	
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 MAINTENAN	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	85,878	
TREE/PLANT REPLACEMENT & TRIM	32,009	34,127	
TOTAL MAINTENANCE EXPENSES	439,154	550,501	

$	500,132		
Total Expenditures		$	614,384	
			
EXCESS / (SHORTFALL)	$	900,002	$	947,665	

PAYMENT TO TRUSTEE	

(801,002)	
(839,608)	
BALANCE	$	99,001	$	108,058	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(49,500)	(54,029)	
DISCOUNTS FOR EARLY PAYMENTS	(49,500)	(54,029)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		961,320	1,007,652	
ON-ROLL ASSESSMENTS - ADMIN		59,836	63,050	
ON-ROLL ASSESSMENTS - MAINT		339,775	414,937	
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	$	1,718,372	
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 MAINTENAN	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	94,821	
TREE/PLANT REPLACEMENT & TRIM	35,342	37,681	
TOTAL MAINTENANCE EXPENSES	484,885	607,828	

$	546,599		
Total Expenditures		$	672,481	
			
EXCESS / (SHORTFALL)	$	993,288	$	1,045,891	

PAYMENT TO TRUSTEE	

(884,414)	
(927,040)	
BALANCE	$	108,874	$	118,851	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(54,437)	(59,426)	
DISCOUNTS FOR EARLY PAYMENTS	(54,437)	(59,426)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		959,827	1,006,088	
ON-ROLL ASSESSMENTS - ADMIN		59,836	63,050	
ON-ROLL ASSESSMENTS - MAINT		339,247	414,293	
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	$	1,715,813	
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 MAINTENAN	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	94,674	
TREE/PLANT REPLACEMENT & TRIM	35,287	37,622	
TOTAL MAINTENANCE EXPENSES	484,132	606,884	

$	545,846		
Total Expenditures		$	671,537	
			
EXCESS / (SHORTFALL)	$	991,754	$	1,044,275	

PAYMENT TO TRUSTEE	
(883,041)	
(925,601)	
BALANCE	$	108,713	$	118,674	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(54,356)	(59,337)	
DISCOUNTS FOR EARLY PAYMENTS	(54,356)	(59,337)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		911,990	955,945	
ON-ROLL ASSESSMENTS - ADMIN		54,418	57,341	
ON-ROLL ASSESSMENTS - MAINT		322,340	393,645	
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	$	1,627,461	
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 MAINTENAN	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	89,956	
TREE/PLANT REPLACEMENT & TRIM	33,528	35,747	
TOTAL MAINTENANCE EXPENSES	460,003	576,637	

$	516,129		
Total Expenditures		$	635,436	
			
EXCESS / (SHORTFALL)	$	942,131	$	992,024	

PAYMENT TO TRUSTEE	

(839,031)	
(879,470)	
BALANCE	$	103,100	$	112,554	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(51,550)	(56,277)	
DISCOUNTS FOR EARLY PAYMENTS	(51,550)	(56,277)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		165,579	173,560	
ON-ROLL ASSESSMENTS - ADMIN		70,719	74,518	
ON-ROLL ASSESSMENTS - MAINT		58,523	71,469	
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	$	404,044	
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 MAINTENAN	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	16,332	
TREE/PLANT REPLACEMENT & TRIM	6,087	6,490	
TOTAL MAINTENANCE EXPENSES	118,362	139,376	

$	191,301		
Total Expenditures		$	215,789	
			
EXCESS / (SHORTFALL)	$	178,949	$	188,255	

PAYMENT TO TRUSTEE	

(152,333)	
(159,675)	
BALANCE	$	26,616	$	28,580	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(13,308)	(14,290)	
DISCOUNTS FOR EARLY PAYMENTS	(13,308)	(14,290)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		486,157	509,589	
ON-ROLL ASSESSMENTS - ADMIN		47,526	50,079	
ON-ROLL ASSESSMENTS - MAINT		171,831	209,841	
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	$	914,460	
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 MAINTENAN	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	47,953	
TREE/PLANT REPLACEMENT & TRIM	17,873	19,056	
TOTAL MAINTENANCE EXPENSES	268,632	330,698	

$	317,650		
Total Expenditures		$	382,051	
			
EXCESS / (SHORTFALL)	$	505,742	$	532,409	

PAYMENT TO TRUSTEE	

(447,265)	
(468,822)	
BALANCE	$	58,477	$	63,588	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(29,239)	(31,794)	
DISCOUNTS FOR EARLY PAYMENTS	(29,239)	(31,794)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		256,103	268,446	
ON-ROLL ASSESSMENTS - ADMIN		31,130	32,802	
ON-ROLL ASSESSMENTS - MAINT		90,518	110,542	
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	$	492,074	
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 MAINTENAN	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	25,261	
TREE/PLANT REPLACEMENT & TRIM	9,415	10,038	
TOTAL MAINTENANCE EXPENSES	144,515	177,196	

$	176,622		
Total Expenditures		$	210,833	
			
EXCESS / (SHORTFALL)	$	267,168	$	281,241	

PAYMENT TO TRUSTEE	

(235,614)	
(246,970)	
BALANCE	$	31,554	$	34,271	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(15,777)	(17,135)	
DISCOUNTS FOR EARLY PAYMENTS	(15,777)	(17,135)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		80,243	84,110	
ON-ROLL ASSESSMENTS - ADMIN		129,985	136,967	
ON-ROLL ASSESSMENTS - MAINT		28,362	34,635	
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	$	358,316	
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 MAINTENAN	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	7,915	
TREE/PLANT REPLACEMENT & TRIM	2,950	3,145	
TOTAL MAINTENANCE EXPENSES	104,519	114,484	

$	238,584		
Total Expenditures		$	254,934	
			
EXCESS / (SHORTFALL)	$	98,480	$	103,382	

PAYMENT TO TRUSTEE	

(73,823)	
(77,381)	
BALANCE	$	24,656	$	26,000	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(12,328)	(13,000)	
DISCOUNTS FOR EARLY PAYMENTS	(12,328)	(13,000)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

	FISCAL YEAR	FISCAL YEAR	
	2023/2024	2024/2025	
		ANNUAL BUDGET			FINAL BUDGET		
REVENUES				
ON-ROLL ASSESSMENTS - Debt		349,030	11,889	
ON-ROLL ASSESSMENTS - ADMIN		2,376	4,006	
ON-ROLL ASSESSMENTS - MAINT		123,363	4,896	
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	$	25,907	
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 MAINTENAN	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	1,119	
TREE/PLANT REPLACEMENT & TRIM	12,832	445	
TOTAL MAINTENANCE EXPENSES	177,220	9,036	

$	179,671		
Total Expenditures		$	13,144	
			
EXCESS / (SHORTFALL)	$	359,191	$	12,763	

PAYMENT TO TRUSTEE	

(321,107)	
(10,938)	
BALANCE	$	38,083	$	1,825	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(19,042)	(913)	
DISCOUNTS FOR EARLY PAYMENTS	(19,042)	(913)	
NET EXCESS / (SHORTFALL)	$	-	$	-	

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

FISCAL YEAR	FISCAL YEAR
2023/2024	2024/2025

CDD 1	Assessments		Final 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 FINAL BUDGET
REVENUES
Interest Income	0

Net Debt Collections		4,033,468	
Total Revenues	$	4,033,468	

EXPENDITURES			

Principal Payments		2,435,000	
Interest Payments		1,345,956	
Miscellaneous / Extra Redemption		252,511	
Total Expenditures	$	4,033,468	
			
Excess / (Shortfall)	$	(0)	

	Series 2014 Bond Information	

Original Par Amount =	$53,170,000	Annual Principal Payments Due =	May 1st	
Avarage Interest Rate =	3.71%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2014			
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	Page 29
Grossed Up - Per Methodology	

38

FISCAL YEAR 2024/2025 FINAL BUDGET
REVENUES
Interest Income	0

On-Roll Net Debt Collections		887,005	
Off-Roll Collections		82,935	
Total Revenues	$	969,940	

EXPENDITURES			

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

	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	FINAL 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
FINAL 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

RESOLUTION 2024-16

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 LEVYING NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Development District No. 1 (“District No. 1”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 1, Tradition Community Development District No. 2 (“District No. 2”), Tradition Community Development District No. 3 (District No. 3”), Tradition Community Development District No. 4 (“District No. 4”), Tradition Community Development District No. 5 (“District No. 5”), Tradition Community Development District No. 6 (“District No. 6”), Tradition Community Development District No. 7 (“District No. 7”), Tradition Community Development District No. 8 (“District No. 8”), Tradition Community Development District No. 9 (“District No. 9”),Tradition Community Development District No. 10 (“District No. 10”), and Tradition Community Development District No. 11 (“District No. 11”) have entered into that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1074, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”); and
WHEREAS, except as otherwise defined herein, all capitalized terms used in this Resolution shall have the meanings assigned thereto in the District Interlocal Agreement; and
WHEREAS, the District Interlocal Agreement designates Tradition Community Development District No. 1 (“District No. 1”) as the initial Administration District, and the Districts have not designated another District as successor or replacement Administration District; and
WHEREAS, within the Districts certain costs of operation, repairs and maintenance are being incurred; and
WHEREAS, the Board of Supervisors of District No. 1 (“Board”) finds that the total General Fund Operations Assessments for the Districts during Fiscal Year 2024/2025 will amount to $		 , allocated (i) upon assessable properties within District No. 1, $		, (ii) upon assessable properties within District No. 2, $	, (iii) upon assessable properties within District No. 3,
$	, (iv) upon assessable properties within District No. 4,
$	, (v) upon assessable  properties within District  No.  5,
$	, (vi) upon assessable properties within District No. 6,
$	, (vii) upon assessable properties within District No. 7,
$	, (viii) upon assessable properties within District No. 8,

$	, (x) upon assessable properties within District No. 10,
$	, (x) upon assessable properties within District No. 11,
$	, ; and

WHEREAS, the Board finds that, taking into consideration other revenue sources, the Project/Bond Assessment for the Districts during Fiscal Year 2024/2025 will amount to $			, allocated (i) upon assessable properties within District No. 1, $				, (ii) upon assessable properties within District No. 2, $		, (iii) upon assessable properties within District No. 3, $	, (iv) upon assessable properties within District No. 4,
$	, (v) upon assessable properties within District No. 5,
$	, (vi) upon assessable properties within District No. 6,
$	, (vii) upon assessable properties within District No. 7,
$	, (viii) upon assessable properties within District No. 8,
$	, (ix) upon assessable properties within District No. 9,
$	, (x) upon assessable properties within District No. 10,
$	, (x) upon assessable properties within District No. 11,
$	, ; and

WHEREAS, the Board finds that the costs of administration provide special and peculiar benefit to certain properties within the Districts; and

WHEREAS, the Board finds that the assessments on the affected parcels of property to pay for the special and peculiar benefits is fairly and reasonably apportioned, in proportion to the benefits received in accordance with the applicable Assessment Methodologies for the Districts;
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT NO.1:

Section 1.

A Special Assessment for Maintenance (if required), as provided for in Section
190.021 Florida Statutes, (hereinafter referred to as the “assessments”) is hereby levied on the platted lots within the Districts as shown on the attached Exhibit A (if applicable)

Section 2.

The collection and enforcement of the aforesaid assessments on platted lots shall be by the Tax Collector serving as agent of the State of Florida in St. Lucie County (Tax Collector) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice under Section 290.021 Florida Statutes.

Section 3.

The said assessment levies on assessable lands within the Districts to be levied upon, are hereby certified to the St. Lucie County Property Appraiser, to be extended on the St.

time as St. Lucie County taxes. The proceeds therefrom shall be paid to District No. 1 for credit to the respective District in accordance with the District Interlocal Agreement.

Section 4.

Be it further resolved, a copy of this Resolution shall be transmitted to the proper officials so that its purpose and effect may be carried out in accordance with the law.

PASSED AND ADOPTED this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD2)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 2 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 2 (“District No. 2”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 2, along with Tradition Community Development District Nos. 1 & 3-10 (“Other Districts,” and collectively with District No. 2, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1074, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 2 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 2 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 2

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD3)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 3 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 3 (“District No. 3”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 3, along with Tradition Community Development District Nos. 1-2 & 4-11 (“Other Districts,” and collectively with District No. 3, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1074, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 3 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 3 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 3

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD4)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 4 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 4 (“District No. 4”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 4, along with Tradition Community Development District Nos. 1-3 & 5-11 (“Other Districts,” and collectively with District No. 4, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 4 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 4 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 4

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD5)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 5 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 5 (“District No. 5”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 5, along with Tradition Community Development District Nos. 1-4 & 6-11 (“Other Districts,” and collectively with District No. 5, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 5 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 5 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 5

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD6)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 6 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 6 (“District No. 6”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 6, along with Tradition Community Development District Nos. 1-5 & 7-11 (“Other Districts,” and collectively with District No. 6, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 6 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 6 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 6

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD7)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 7 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 7 (“District No. 7”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 7, along with Tradition Community Development District Nos. 1-6 & 8-11 (“Other Districts,” and collectively with District No. 7, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 7 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 7 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 7

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD8)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 8 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 8 (“District No. 8”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 8, along with Tradition Community Development District Nos. 1-7 & 9-11 (“Other Districts,” and collectively with District No. 8, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 8 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.	Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 8 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 8

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD9)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 9 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 9 (“District No. 9”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 9, along with Tradition Community Development District Nos. 1-8 & 11 (“Other Districts,” and collectively with District No. 9, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 9 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.  Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 9 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 9

Chairman / Vice Chairman
ATTEST:

Secretary/ Assistant Secretary

RESOLUTION 2024-16 (CDD10)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 10 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 10 (“District No. 10”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 10, along with Tradition Community Development District Nos. 1-11 (“Other Districts,” and collectively with District No. 10, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1074, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 10 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 10 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.  Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 10 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 10

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

RESOLUTION 2024-16 (CDD11)

RESOLUTION OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 11 CONSENTING TO THE LEVY AND COLLECTION BY THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 1 OF THE NON-AD VALOREM ASSESSMENTS FOR THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1-11 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025.

WHEREAS, Tradition Community Development District No. 11 (“District No. 11”) is a local unit of special-purpose government organized and existing in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
WHEREAS, District No. 11, along with Tradition Community Development District Nos. 1-9 (“Other Districts,” and collectively with District No. 11, the “Districts”) are parties to that certain Amended and Restated District Development Interlocal Agreement dated April 8, 2008, and recorded in Official Records Book 2983, Page 1174, of the public records of St. Lucie County, Florida (“District Interlocal Agreement”), whereby the Districts have delegated to Tradition Community Development District No. 1 (“District No. 1”) the authority to act on behalf of the Districts to Levy and collect (a) within each of the 2003 Project Districts, the 2003 Project Assessments on all assessable property within the 2003 Benefit Area, (b) within each of the 2003 Project Districts, the 2003 Project Maintenance Assessments on all assessable property within the 2003 Benefit Area, and (c) within each of the New CIP Districts, non-ad valorem maintenance assessments on all assessable property within the New CIP Area; and
WHEREAS, the Board of Supervisors of District No. 1, in accordance with the District Interlocal Agreement, has levied non-ad valorem assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025; by its Resolution No. 2024-16; Resolution of the Tradition Community Development District No. 1 Levying Non-Ad Valorem Assessments for the Tradition Community Development District Nos. 1 through 11 for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025; and
WHEREAS, although the District Interlocal Agreement accords full authority to District No. 1 to levy and collect non-ad valorem assessments for the Districts, the Board of Supervisors of District No. 11 (“Board”) desires to express its consent to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT

Section 1.  Consent to Levy and Collection of Non-Ad Valorem Assessments for Fiscal Year 2024/2025. The Board hereby consents to the levy and collection by the Board of Supervisors of District No. 1 of the non-ad valorem assessments for the Districts for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025.

Section 2.  Severability. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause, or provision.

Section 3.  Effective Date. This Resolution shall take effect immediately upon its adoption, and all provisions of any previous resolution in conflict with the provisions of this Resolution are hereby superseded.

ADOPTED by the Board of Supervisors of Tradition Community Development District No. 11 this 4th day of September, 2024.

TRADITION COMMUNITY DEVELOPMENT DISTRICT NO. 11

Chairman / Vice Chairman
ATTEST:

Secretary (B. Frank Sakuma, Jr.)

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/3341025012?omn=89948375854
Meeting ID: 334 102 5012
Dial-In: 1 929 436 2866 REGULAR BOARD MEETING
August 7, 2024
11:00 a.m.

CALL TO ORDER

The Regular Board Meeting of the Tradition Community Development District No.’s 1-11 of August 7, 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	Absent	
Supervisor	Steven Dassa	Present	
Supervisor	Tara Toto	Present	
Supervisor	Ricardo Mojica	Absent	

CDD # 3			
Supervisor	Joe Piatchek	Present	
Chairman	Isiah Steinberg	Present	
Vice Chairman	Roy Perconte	Present	
Supervisor	Stan Briggs	Present	
Supervisor	Vacant	_-	

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

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	Present	
Supervisor	John Slicher	Present (via Zoom)	
Supervisor	George Russell	Present	

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 Manager	Andrew Karmeris (via Zoom)	Special District Services, Inc.	
District Counsel	Susan Garrett	Torcivia, Donlon, Goddeau & Rubin, P.A.	
District Engineer	Stef Matthes	Culpepper and Terpening	
District Engineer	Gabriel Gomez	Culpepper and Terpening	

Also present: (See attached sign-in sheet)

APPOINTMENT(S) TO VACANT BOARD SEATS

Joe Piatchek- CDD No. 3 /Seat No. 1

A Motion was made by CDD No. 3 Mr. Steinberg seconded by Mr. Perconte and passed unanimously by CDD No. 3 to appoint Joe Piatchek to District 3/Seat 1.

SEAT NEW BOARD MEMBERS/ADMINISTER OATH OF OFFICE

Mr. Sakuma administered the Oath of Office to Joe Piatchek and the meeting continued.

ADDITIONS OR DELETIONS TO AGENDA
1.  (J-5) Addition to New Business: WA #19-143.099.3; Esplanade at Tradition Phase 3
A Motion was made by CDD No. 1 Mr. Sexauer, seconded by Mr. Dassa, and passed unanimously by CDD No. 1 to adopt the agenda as amended.

COMMENTS FROM THE PUBLIC NOT ON THE AGENDA
There were no comments from the public.

CONSENT ITEMS

Approval of June 5, 2024, Regular Board Meeting

Approval and Ratify WA #19-143-174; 11903 SW Knightsbridge Lane Pool

Approve WA #19-143-175; Tradition Parkway Phase 4

Approve and Ratify WA #19-143-176; 12359 SW Sunset Lake Lane Pool

Approve and Ratify PO #TR1-2024-06; Treasure Coast Wildlife Trappers Agreement

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

OLD BUSINESS

There was no old business to come before the Board.

NEW BUSINESS

Resolution 2024-18; Election of Officers (CDD #3)

Resolution No. 2024-18 was presented, entitled:

A RESOLUTION OF THE BOARD OF SUPERVISORS DESIGNATING THE OFFICERS OF TRADITION COMMUNITY DEVELOPMENT DISTRICT 3, AND PROVIDING FOR AN EFFECTIVE DATE.

Mr. Steinberg made a motion, seconded by Mr. Perconte, adopting Resolution 2024-18 Election of Officers as presented. The motion passed unanimously.
Resolution No. 2024-20; Adopting Fiscal Year 2024/2025 Meeting Schedule
Resolution No. 2024-20 was presented, entitled:
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NO’S. 1-11 ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2024-2025

Mr. Dassa (CDD Nos. 1,2,7,8,9,10 and 11) made a motion, seconded by Mr. Sexauer, adopting Resolution No. 2024-20 Adopting Fiscal Year 2024/2025 as presented. The motion passed unanimously.

Mr. Steinberg (CDD No. 3) made a motion, seconded by Mr. Perconte adopting Resolution No. 2024- 20 Adopting Fiscal Year 2024/2025 as presented. The motion passed unanimously.

Ms. Cost (CDD No. 4) made a motion, seconded by Ms. Leandre, adopting Resolution No. 2024-20 Adopting Fiscal Year 2024/2025 as presented. The motion passed unanimously.

Ms. King (CDD No. 5) made a motion, seconded by Mr. Lasher, adopting Resolution No. 2024-20 Adopting Fiscal Year 2024/2025 as presented. The motion passed unanimously.

Mr. Krbec (CDD No. 6) made a motion, seconded by Mr. Pagan, adopting Resolution No. 2024-20 Adopting Fiscal Year 2024/2025 as presented. The motion passed unanimously.

Resolution No. 2024-22; Adopting Annual Performance Measures and Standards Reporting

Resolution No. 2024-22 was presented, entitled:

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICTS NOS. 1-11; ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Mr. Dassa (CDD Nos. 1,2,7,8,9,10 and 11) made a motion, seconded by Mr. Sexauer, adopting Resolution No. 2024-22, Annual Performance Measures and Standards Reporting as presented. The motion passed unanimously.

Mr. Steinberg (CDD No. 3) made a motion, seconded by Mr. Perconte, adopting Resolution No. 2024- 22, Annual Performance Measures and Standards Reporting as presented. The motion passed unanimously.

Ms. Cost (CDD No. 4) made a motion, seconded by Mr. Wesley, adopting Resolution No. 2024-22, Annual Performance Measures and Standards Reporting as presented. The motion passed unanimously.

Mr. Lasher (CDD No. 5) made a motion, seconded by Ms. King, adopting Resolution No. 2024-22, Annual Performance Measures and Standards Reporting as presented. The motion passed unanimously.

Mr. Krbec (CDD No. 6) made a motion seconded by Mr. Pagan, adopting Resolution No. 2024-22, Annual Performance Measures and Standards Reporting as presented. The motion passed unanimously.

Resolution No. 2024-24; Ratifying Resetting of Budget Hearing for Fiscal Year 2024/2025

Resolution No. 2024-24 was presented, entitled:

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TRADITION COMMUNITY DEVELOPMENT DISTRICT NOS. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 & 11 AMENDING RESOLUTION 2024-12 TO REVISE THE TIME AND LOCATION OF THE PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2024/2025 FINAL BUDGET AND ASSESSMENTS; PROVIDING FOR NOTICE OF SAID HEARING PURSUANT TO LAW; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Mr. Sexauer (CDD Nos. 1,2,7,8,9,10 and 11) made a motion, seconded by Mr. Dassa, adopting Resolution 2024-24 Ratifying the Resetting of Budget Hearing for Fiscal Year 2024/2025. The motion passed unanimously.

Mr. Steinberg (CDD No. 3) made a motion, seconded by Mr. Perconte, adopting Resolution 2024-24 Ratifying the Resetting of Budget Hearing for Fiscal Year 2024/2025. The motion passed unanimously.

Mr. Leandre (CDD No. 4) made a motion, seconded by Mr. Wesley, adopting Resolution 2024- 24 Ratifying the Resetting of Budget Hearing for Fiscal Year 2024/2025. The motion passed unanimously.

Ms. King (CDD No. 5) made a motion, seconded by Mr. Pinto, adopting Resolution 2024-24 Ratifying the Resetting of Budget Hearing for Fiscal Year 2024/2025. The motion passed unanimously.

Mr. Krbec (CDD No. 6) made a motion, seconded by Mr. Pagan, adopting Resolution 2024-24 Ratifying the Resetting of Budget Hearing for Fiscal Year 2024/2025. The motion passed unanimously.

WA #10-143.099.3; Esplanade at Tradition Phase 3; (Surface water & plat)

Mr. Sexauer with CDD No. 1 made a motion, seconded by Mr. Dassa, approving WA #19-143.099.3; Esplanade at Tradition Phase 3; (Surface water & plat). The motion passed unanimously.

ADMINISTRATIVE MATTERS

Manager’s Report

The District Manager had nothing further to report
Attorney’s Report
The District Attorney had nothing further to report.
Engineer’s Report
Lake Banks Drone Presentation
District Engineer Stef Mathes presented the findings from the drone data and provided a report of the CDD lakes identifying those that require immediate attention/further review.

Financial Report

Mr. Sakuma notified the Board that the financial report was provided in the board package. Mr. Karmeris was present via Zoom to answer any questions.
The Board discussed the Stormwater Management line item and asked for an update on Florida International University’s outstanding payment. Ms. Wargo responded that staff is still in the process of working with FIU in receiving payment.

After Board discussion, there was direction from the Board for staff to work with the District Attorney to formalize a collection process.

Founder’s Report

The Founder had nothing to report.

BOARD MEMBER COMMENTS

Ms. King asked if an Outreach Meeting had been scheduled. Mr. Sexauer responded not at this time.

Dr. Powers asked if the delineators would be re-installed. Mr. Sexauer responded yes and that he was waiting on the contractor to proceed.

Mr. Russell notified the Board that GHO has an incorrect advertisement in the newspaper that states the Town Park community does not have a CDD.

ADJORNMENT

There being no further business to come before the Board, Mr. Sexauer adjourned the meeting at 12:23pm.

Secretary/Assistant Secretary	Chair/Vice-Chair

Print Signature	Print Signature

Tradition Community Development District BOARD AGENDA ITEM
Board Meeting Date: September 4, 2024
Subject:	TR – Western Grove - Cadence WG5D Phase 1 Plat Work Authorization No. WA-19-143-178
C&T Project No. 19-143.TR10.02.0824.P

Background:

On August 9, 2024, the Tradition CDD Engineer received an application for approval of a Plat for the Western Grove Cadence WG5D Phase 1. The project is located in the northcentral section of the overall Tradition Development District CDD No. 10 area. The project will result in the platting of 160 residential lots on
106.22 acres of land. Development will include 9.51 acres of water management tracts which will be turned over to the CDD for perpetual operation and maintenance.

Recommended Action:
Approve proposed Plat under the following conditions:

The proposed plat will result in the dedication of Lakes L13B, L13G, and L13I totaling 9.51 acres of lake to the Tradition CDD which are subject to turnover and acceptance of the lakes and interconnecting pipe system by the CDD.
Subject to addressing the CDD Engineer’s Comments and Request for Additional Information.

Location: Tradition Community Development District CDD 10 Within Tradition Irrigation Service Area? No
Fiscal Information: This project includes infrastructure (lakes, control structures, and interconnecting pipes, dedicated to the CDD. The increased maintenance costs will be included in the CDD Stormwater System operational budget.

Grant Related? No Additional Comments: None
Board Action:
Moved by:	Seconded by:	Action Taken:

Item Prepared by: Stefan K. Matthes, PE	August 15, 2024

71

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178

1

Grove 5D - Cadence Phase 2 WA#: WA 19-143-160

19-143.TR10.02.0824.P

·ect	•	-

Legend
Subject Property
en

19-143.TR10.02.0824.P

178

1

Other Parcels

Tradition Community Development Districts #1-11

Financial Report Fiscal Year 2023/2024
October 1, 2023 - July 31, 2024

73

FINANCIAL REPORT
TRADITION COMMUNITY DEVELOPMENT DISTRICT #1-11 RECAP FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - JULY 31, 2024

	FISCAL YEAR	FISCAL YEAR				
	2023/2024	10/01/23 - 07/31/24		% Of		
	FINAL BUDGET	ACTUALS		Budget			 COMMENTS		
REVENUES	 						

ON-ROLL ASSESSMENTS - Debt	5,440,105	5,296,983			97%			
ON-ROLL ASSESSMENTS - ADMIN	538,664	576,283			107%			
ON-ROLL ASSESSMENTS - MAINT	1,922,785	2,057,067			107%			
ON-ROLL ASSESSMENTS - TIM	163,587	175,011			107%			
STORMWATER	975,000	1,264,757			130%			
OTHER INCOME	60,000	233,852			390%		Includes rent reimbursement per split	
Total Revenues	$	9,100,142	$	9,603,954			106%			

EXPENDITURES - ADMIN	 						

AUDIT	55,000	33,300			61%			
BANK FEES	0	0			0%			
DISSEMINATION AGENT	3,000	0			0%			
DISTRICT COUNSEL	80,000	29,449			37%			
MANAGEMENT	108,046	80,134			74%			
ASSESSMENT ROLL	10,000	0			0%			
DUES, LICENSES & FEES	1,925	1,925			100%			
ENGINEERING	50,000	72,763			146%			
GENERAL INSURANCE	120,000	123,014			103%			
WEB SITE MAINTENANCE	8,250	6,250			76%			
LEGAL ADVERTISING	6,500	1,959			30%			
MISCELLANEOUS	0	1,067			1067%		Traffic Cones	
TRAVEL AND PER DIEM	1,000	288			29%			
OFFICE SUPPLIES	2,500	1,877			75%			
POSTAGE & SHIPPING	350	1,188			339%			
COPIES	3,000	2,441			81%			
SUPERVISOR FEES	60,000	26,647			44%			
TRUSTEE SERVICES	18,000	16,663			93%			
OFFICE RENT	25,000	79,863			319%		Split between SG and Master Association	
CONTINUING DISCLOSURE FEE	3,000	1,500			50%			
TOTAL ADMIN EXPENSES	555,571	480,328			86%			

EXPENDITURES - MAINT							

LAKE MAINTENANCE	304,696	156,961			52%			
TIM OPERATIONS	150,500	294,684			196%		Overage funded from prevoius year developer contribution	
BUILDING, BRIDGE, MONUMENT MAINTENAN	265,000	0			0%			
(FKA CONTINGENCY) - MAINT RESERVES	72,000	0			0%			
COMMUNITY AREA MAINTENANCE	50,000	135,452			271%		Pest, Fence, Sail Canopy, Light Pole Storage, Tradition Tower, etc.	
DEVELOPMENT COORDINATOR	31,467	26,220			83%			
ELECTRIC	87,000	67,095			77%			
ENGINEERING	100,000	155,299			155%			
FIELD MANAGEMENT	240,000	164,723			69%			
FOUNTAIN MAINTENANCE & CHEMICALS	30,000	2,433			8%			
LANDSCAPING MAINTENANCE & MATERIALS	896,100	883,919			99%			
IRRIGATION	152,000	139,717			92%			
IRRIGATION PARTS & REPAIRS	75,000	123,324			164%		Irrigation Replacement including Sprinklers on N Side of Trad Pkwy	
SIDEWALK CLEANING	30,000	22,500			75%			
SIDEWALK REPAIR	60,000	33,612			56%			
SIGNAGE	10,000	10,428			104%			
STREETLIGHTS	45,000	95,949			213%			
STORMWATER MANAGEMENT	95,700	530,511			554%		Grading, mowing, silt fence installation, South Sidewalk Change to 6", deepen 700' of canal, etc	
TREE/PLANT REPLACEMENT & TRIM	200,000	281,462			141%			
TOTAL MAINTENANCE EXPENSES	2,894,463	3,124,288			108%			

 						
Total Expenditures	$	3,450,034	$	3,604,615			104%			

	 

EXCESS / (SHORTFALL)	$	5,650,108	$	5,999,339			106%			

PAYMENT TO TRUSTEE	 
(5,004,897)	(5,005,168)			
100%			
BALANCE	$	645,211	$	994,171						

COUNTY APPRAISER & TAX COLLECTOR FEE	 
(322,606)	(316,791)			98%			
DISCOUNTS FOR EARLY PAYMENTS	(322,606)	(294,211)			91%			

NET EXCESS / (SHORTFALL)	$	-	$	383,169						

74

2:13 PM	Tradition CDD No. 1
08/27/24	Balance Sheet
Accrual Basis	As of July 31, 2024

Jul 31, 24

ASSETS
Current Assets Checking/Savings		
01-1000 · Valley National 1157	2,020,988.03	
Total Checking/Savings	2,020,988.03	
Accounts Receivable		
11000 · Accounts Receivable	1,423,440.02	
Total Accounts Receivable	1,423,440.02	
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	3,445,627.83	
Other Assets		
01-8122 · A/R St Lucie County Excess Fees	-18,711.00	
Total Other Assets	-18,711.00	
TOTAL ASSETS	3,426,916.83	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

288,295.76	
Total Accounts Payable	288,295.76	
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	1,853,431.20	
Total Liabilities	1,853,431.20	
Equity		
30000 · Opening Balance Equity	203,755.31	
99-9999 · Retained Earnings	992,013.72	
Net Income	377,716.60	
Total Equity	1,573,485.63	
TOTAL LIABILITIES & EQUITY	3,426,916.83	

Page 1

FINANCIAL REPORT
TRADITION COMMUNITY DEVELOPMENT DISTRICT IRRIGATION FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - JULY 31, 2024

	FISCAL YEAR		FISCAL YEAR		
	2023/2024		10/01/23 - 07/31/24		% Of		
	FINAL BUDGET		ACTUALS		Budget		
REVENUES								
SERVICE CHARGE - IRRIGATION		1,890,000		1,621,502			86%	
ENGINEERING REVENUE FEES/OTHER		17,338		52,169			301%	
Total Revenues		$	1,907,338		$	1,673,671			387%	

EXPENSES								
TRUSTEE SERVICES		5,000		-4,246			-85%	
MANAGEMENT		377,744		314,787			83%	
ENGINEERING		40,000		88,551			221%	
PROFESSIONAL SERVICES, OTHER		5,000		0			0%	
DEVELOPMENT COORDINATOR		62,933		52,440			83%	
CITY FRANCHISE FEE		165,000		157,650			96%	
TRAVEL AND PER DIEM		400		0			0%	
TELEPHONE		1,930		0			0%	
POSTAGE AND SHIPPING		253		206			81%	
BANK FEES		1,250		0			0%	
BAD DEBT		65,000		0			0%	
OFFICE SUPPLIES		250		1,091			437%	
FIELD SUPPLIES (OTHER)		2,000		0			0%	
DUES, LICENSES, FEES		2,300		0			0%	
VEHICLE, GAS, & REPAIR		1,000		0			0%	
ELECTRIC		105,000		122,104			116%	
WATER		170		216			127%	
OTHER UTILITIES		1,550		0			0%	
GENERAL INSURANCE		21,102		0			0%	
GENERAL REPAIR & MAINTENANCE		215,000		209,163			97%	
LANDSCAPING MAINTENANCE & MATERIAL		11,000		0			0%	
HVAC		4,500		0			0%	
RENEWAL AND REPLACEMENT		250,000		224,848			90%	
OTHER SYSTEM IMPROVEMENTS		100,000		0			0%	
OPERATING RESERVES/MISC		80,000		5,742			7%	
CONTINGENCY		20,531		0			0%	
Total Expenses		$	1,538,913		$	1,172,551			76%	
								
EXCESS / (SHORTFALL)		$	368,425		$	501,120			136%	

PAYMENT TO TRUSTEE		
(368,425)		
(307,438)			
83%	
BALANCE		$	0		$	193,682				
								
NET INCOME		$	0		$	193,682				

08/27/24	Balance Sheet
Accrual Basis	As of July 31, 2024

Jul 31, 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	1,413,872.16	
Total 01-1001 · Valley National #4703	
1,449,744.73	
Total Checking/Savings	1,449,744.73	
Accounts Receivable		
01-1200 · Accounts Receivable	160,641.61	
Total Accounts Receivable	160,641.61	
Other Current Assets		
01-2023 · Due From Other Funds	17,900.21	
Total Other Current Assets	17,900.21	
Total Current Assets	1,628,286.55	
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	1,628,383.37	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
01-2020 · Accounts Payable	

73,497.10	
Total Accounts Payable	73,497.10	
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	84,887.32	
Long Term Liabilities		
11-2180 · Note Payable	93,787.00	
Total Long Term Liabilities	93,787.00	
Total Liabilities	178,674.32	
Equity		
30000 · Net Assets - 270	-87,351.52	
99-9999 · Retained Earnings	1,343,378.21	
Net Income	193,682.36	
Total Equity	1,449,709.05	
TOTAL LIABILITIES & EQUITY	1,628,383.37	

08/27/24	A/R Aging Summary
As of July 31, 2024

	Current		1 - 30		31 - 60		61 - 90		> 90		TOTAL	
Aycock at Tradition	0.00		204.13		0.00		0.00		0.00		204.13	
Bedford Park	0.00		0.00		0.00		8,866.57		0.00		8,866.57	
Chesterbrook Academy	0.00		134.37		134.37		0.00		268.74		537.48	
Christ Fellowship Church	0.00		1,646.88		0.00		0.00		0.00		1,646.88	
Cleveland Clinic Florida	0.00		0.00		443.92		0.00		0.00		443.92	
Cleveland Clinic Martin Health -Tradition	0.00		64.80		0.00		0.00		0.00		64.80	
Del Webb at Tradition Homeowners Assoc	0.00		3,519.15		0.00		0.00		3,519.15		7,038.30	
Estates at Tradition	0.00		5,763.07		5,763.07		0.00		0.00		11,526.14	
Florida International University	0.00		1,091.97		1,091.97		1,091.97		26,207.28		29,483.19	
Heritage Oaks	0.00		0.00		0.00		0.00		0.00		0.00	
Heritage Oaks at Tradition HOA	0.00		11,857.11		0.00		11,857.11		0.00		23,714.22	
Heron Preserves	0.00		1,748.45		1,748.45		0.00		0.00		3,496.90	
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		0.00		0.00		188.27	
Martin Health System	0.00		921.54		0.00		0.00		0.00		921.54	
Panda Restaurant Group Inc	0.00		57.27		0.00		0.00		57.27		114.54	
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	
Seven Restaurants, LLC	0.00		89.18		89.18		89.18		445.90		713.44	
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	
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		1,089.99		1,089.99		1,089.99		4,359.96	
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		26,916.81		0.00		0.00		0.00		26,916.81	
Tradition POA	0.00		0.00		229.89		0.00		0.00		229.89	
Treasure Coast Physicians Properties, LLC	0.00		6.54		0.00		0.00		0.00		6.54	
Truist Bank	0.00		0.00		91.16		91.16		1,185.08		1,367.40	
Victoria Parc	0.00		0.00		0.00		0.00		297.64		297.64	
Victoria Parc 2	0.00		0.00		0.00		0.00		184.10		184.10	
Victoria Parc at Tradition HOA	0.00		6,312.03		0.00		0.00		6,312.03		12,624.06	
Wawa, Inc.	0.00		0.00		0.00		0.00		-95.92		-95.92	
Westcliffe Estates HOA	0.00		120.10		120.10		120.10		0.00		360.30	
TOTAL	0.00		79,419.23		12,082.35		23,206.08		45,933.95		160,641.61