Narcoossee Community Development District

Agenda June 5, 2018

AGENDA

Narcoossee
Community Development District

135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524- Fax: 407-839-1526
May 29, 2018

Board of Supervisors Narcoossee Community Development District

Dear Board Members:

The Board of Supervisors of the Narcoossee Community Development District will meet Tuesday, June 5, 2018 at 3:00 p.m. at the GMS-CF Office, 135 West Central Blvd., Suite 320, Orlando, Florida 32801. Please note the location of the meeting. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Review of Letter of Interest/Resume
Discussion of Appointment to Fill Board Vacancy with a Term Ending November 2018
Consideration of Resolution 2018-01 Electing Officers
Approval of Minutes from the January 23, 2018 Board of Supervisors Meeting
Review and Acceptance of Revised Draft Fiscal Year 2017 Audit Report
Consideration of Resolution 2018-02 Approving the Proposed Fiscal Year 2019 Budget and Setting a Public Hearing
Consideration of Resolution 2018-03 Implementing Section 190.006(3) F.S. Instructing the Orange County Supervisor of Elections Place Candidates on the General Election Ballot
Staff Reports
Attorney
Engineer
Discussion of Fence Project
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Series 2013A Rebate Calculation Arbitrage Report
Presentation of Number of Registered Voters -1,846
Presentation of Qualifying Information and Dates
Other Business
Supervisors Requests
Adjournment

The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.

The third order of business is Organizational Matters. Section A is review of letter of interest and resume enclosed for your review. Section B is the discussion of an appointment to fulfill the Board vacancy with a term ending November 2018. Section C is the consideration of resolution 2018-01 Electing Officers. A copy of the resolution is enclosed for your review.

The fourth order of business is the approval of the minutes from the January 23, 2018 Board of Supervisors meeting. The minutes are enclosed for your review.

The fifth order of business is the review and acceptance of the revised draft Fiscal Year 2017 audit report. A copy of the report is enclosed for your review.

The sixth order of business is consideration of Resolution 2018-02 approving the proposed Fiscal year 2019 budget and setting a public hearing. Once approved, the proposed budget will be forwarded to the governing authorities at least 60 days prior to the final budget hearing. A copy of the Resolution and proposed budget are enclosed for your review.

The seventh order of business is consideration of Resolution 2018-03 implementing Section 190.006(3) F.S. instructing the Orange County Supervisor of Elections to place candidates on the 2018 general election ballot. A copy of the resolution is enclosed for your review.

Section B of the eighth order of business is the Engineer's Report. Section 1 is the discussion of the fence project. This is an open discussion item. Section C is the District Manager's Report. Section 1 includes the check register being submitted for approval and Section 2 is the balance sheet and income statement for review. Section 3 is the presentation of the Series 2013A rebate calculation arbitrage report, a copy of the report is enclosed for your review. Section 4 is the presentation of the number of registered voters within the boundaries of the District, a copy of the letter from the Orange County Supervisor of Elections is enclosed for your review. Section 5 is the presentation of the qualifying information and dates. A copy of the information is enclosed for your review.

The balance of the agenda will be discussed at the meeting. If you should have any questions, please contact me.

District Manager

Cc:		Roy Van Wyk, District Counsel Rey Malave, District Engineer Darrin Mossing, GMS

SECTION	111

SECTION A

Betsy B. Burgos, PhD, EdS, OTR/L, ATP
Orlando, Fl 32832	T�l. 239-821:4447	BetsyBBurgos@gmail.com
Dynamic and energetic results-driven professional with strong interpersonal and communication skills. Proficient in the design, implementation, and execution of several services and programs in hospitals, outpatient clinical settings and educational organizations.
Strong knowledge and skills in the areas of leadership, professional development, management, strategic planning, human factors, instructional systems (synchronous and asynchronous), training delivery, assistive technology and educational technology. Extensive team development, supervision, project management and research skills. Record of exceeding performance reviews.

Proven expertise in planning and executing operational plans, managing projects and/or programs, budgeting and cost control.
Ability to define problems, collect data, establish facts, and draw valid
conclusions for reporting purposes.
Advances expertise in the field of teaching, online learning, assistive technology, and human factors, by keeping abreast of latest research, best practice and technological advances.
Responsible for the recruitment, supervision and training of staff
(approximately 40 staff members).
Development and coordination of programmatic needs assessments for education'. training of staff and the expansion of programs in varied environments.

Doctor of Philosophy (Ph.D.) in Computer Technology in Education (Educational Technology, HCI, Human Factors)
Nova Southeastern University, College of Engineering and Computing, Fort Lauderdale, FL
Post-Master Educational Specialist (Ed.S.)
Nova Southeastern University, College of Engineering and Computing, Fort Lauderdale, FL
Master of Arts (M.A.) in Occupational Therapy - Major in Assistive Technology
New York University, Graduate School of Education, New York
Post-Graduate Certificate in Developmental Disabilities - Early Intervention
University of Puerto Rico, Medical Science Campus Graduate School of Public Health, Rio Piedras, Puerto Rico

Bachelor of Science in Occupational Therapy
University of Puerto Rico, Medical Science Campus
School of Allied Health Professions, Rio Piedras, Puerto Rico

Fluent in English and Spanish

Give Kids the World	- Ziani HOA- Board Member
Shepherd's Hope, Inc.	- Eleanore's Project, Inc., Peru
Collier Hunger Homeless Coalition

Project leader of multiple programs using continuous quality improvement processes.
Development and implementation of strategies, processes for service
and equipment standardization and utilization.
Maintains and distributes documentation that is relevant, appropriate and accurate in a timely manner.
Full time, invitational and adjunct faculty member for several
professional and educational programs in Florida, New Jersey, Peru and Puerto Rico.
Competent with the use of several computer software and learning
management systems.

Upsilon Pi Epsilon (UPE) - Honor Society for the Computing Sciences.
ACH Manager Certification - Johns Hopkins All Children's Hospital
Assistive Technology Professional (ATP) - Rehabilitation Engineering and Assistive Technology Society of North America (RESNA)
Neuro-Developmental Training Certificate -Neuro­ Development Treatment Association (NDTA)

Burgos, B. B. (2015). A Study ofAssistive Technology Competencies ofSpecialists in Public Schools. Doctoral Dissertation. Nova Southeastern University. Retrieved from NSUWorks, College of Engineering and Computing.

Burgos, B. B. (2011, September). Attaining work skills through technology at schools. Work & Industry Special Interest Section Quarterly, 25 (3), 3-4.

Burgos, B. B. (2010). Field observations in a vocational rehabilitation program for people with visual impairments or blindness. Journal ofInstruction Delivery Systems, 23(4), 26-30.

Carrasco, R. C., Skees, S. & Burgos, B. B. (2011). Supported and alternative employment: Developmental disabilities and work. In Braveman, B. & Page, J. (Eds.), Work: Occupational therapy intervention to promote participation and productivity. Phila�:!P��a: �A_: F� �.8.V.� Comp�ny.

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Betsy B. Burgos, PhD, EdS, OTR/L, ATP

���-�

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Curriculum Developer	November 2017- Present Katmai Gov. Services - SimLEARN Veterans Healthcare Administration
Develop advanced distributed learning systems for national
Veteran Healthcare Administration simulation environments.
Conduct Front-End Analysis (FEA)
Assist with development of best practices and policies &
procedures for training.
Develop, maintain, and update Programs of Instruction.
Assist teams with the analysis, design, and development of training systems and materials.
Independent Consultant	August 2014 - November 2017 Professional Services, FL
Provided clinical, organizational and mentoring services to clients
with special needs conditions and clinical professionals.
Developed customized trainings and provided consultation
services at different organizations. Used several computerized tools and simulations for training sessions.
Adjunct Professor - Doctoral Program	May 2013 -Active Nova Southeastern University, Tampa, FL
Development of curriculum and provision of courses. Used
BlackBoard and Web 2.0 tools for blended teaching.

■

Assistive Technology Specialist	July 2012-August 2014 Nemours Children's Hospital, Orlando, FL
Responsible for the structure and organizational plan of the provision of assistive technology (AT) services.
Developed online documentation (EPIC) for the assistive
technology services. Established collaboration with local vendors and company representatives for the provision of durable medical equipment. Member of several hospital wide committees.
Coordinated the implementation of the hospital online educational platform (Emmi program) for patients and families.
Developed and coordinated the patient safety program for typical

■

and atypical children and adolescents.
Member of the Neuromuscular Team and investigator on international research study about Charcot-Marie tooth disease.
Adjunct Professor- Master's Program March 2012-August 2012 Adventist University of Health Science, Orlando, FL
Development of curriculum and provision of courses. Used
ANGEL, SoftChalk and several Web 2.0 tools for blended teaching.

■

Adjunct Professor - Master's Program	Aug 2007 - Dec 201O Florida Gulf Coast University, Fort Myers, FL
Development of curriculum and provision of courses. Used ANGEL, SoftChalk and several Web 2.0 tools, virtual reality, games and simulations for both blended and fully online courses.
Clinical Coordinator	Aug 2001-March 2008 Johns Hopkins - All Children's Hospital, St. Petersburg, FL
Rehabilitation Service Administration Department - Responsible
for the recruitment, clinical supervision and training of the occupational therapy staff (approximately 30 staff members) in the pediatric outpatient and inpatient settings of the Main Campus and its 1O outreach centers. Project leader of multiple hospital programs.
Responsible for the evaluation, design and delivery of assistive
technology services and devices.

Developed and coordinated staff and programmatic needs assessments for education, training and the expansion of programs.
Developed and implemented strategies, processes for service and
equipment standardization and utilization.
Developed online documentation for rehabilitation staff as well as studies to evaluate effective treatment outcomes.
FL Continuing Education Provider - Coordinated and provided
continuing education for rehabilitation staff and students.
Coordinated continuous quality improvements processes. Member of several hospital wide committees. Speaker in several health symposiums and conferences.
Senior Rehabilitation Technology Specialist   Nov 1998-July 2001 Children's Specialized Hospital, Mountainside, NJ
Rehabilitation Technology Department. Responsible for the evaluation, design and delivery of assistive technology services
and devices for inpatients, Day Hospital Unit and outpatients.
Coordination of in-services for different rehabilitation departments.
Collaboration with local vendors and company representatives for
the provision of durable medical equipment
Professor- Undergraduate Program	Aug 1997-July 1998 University of Puerto Rico, Medical Science Campus, Rio Piedras, PR
Full-time professor in the Occupational Therapy Program; Clinical
Fieldwork Supervisor and Co-investigator in research study.
Director, Occupational Therapy	May 1995- July 1998 University of Puerto Rico, Medical Science Campus, Interdisciplinary Project for Excellence in Services, Rio Piedras, PR
Responsible for the recruitment, clinical supervision and training of
the occupational therapy staff.
Acted as Assistant Director of the Center; Clinical Fieldwork
Coordinator for undergraduate students.
Delivered services to children ages 0-21 years with the use of
interdisciplinary and transdisciplinary team approaches. Responsible for the evaluation, design and delivery of assistive technology services and devices.
Collaborated in the implementation of a national training project for the Department of Education.
Occupational Therapist	Aug 1993 - Oct 1995 First Hospital Panamericano, Cidra, PR
Responsible for the evaluation and treatment of patients in the
Depression Unit. Coverage in the Geriatric, Acute, and Adolescent Units.
March 1994 - October 1995, responsible for the coordination and delivery of occupational therapy services in the Depression and Detoxification Programs at the Panamericano Institute in Halo Rey. Collaborated in the development and implementation of the Adolescent Program. Participated in television appearances, conferences and health exhibits; provided lectures in support groups.
Occupational Therapist	Aug 1992-Aug 1993 Dr. Ramon Ruiz Arnau Hospital, Bayamon, PR
Responsible for the evaluation, treatment, consultation services to
inpatients and outpatients in the acute (NICU, ICU) and rehabilitation programs (including patients with prosthetics). Supervised occupational therapy assistants and coordinated patients-family educational programs.

21Page

SECTION C

RESOLUTION 2018-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the Narcoossee Community Development District (the "District") is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, the Board ,of Supervisors of the District ("Board") desires to elect the Officers of the District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT:

Section 1.
Section 2.

_ 	
____	___

_ is elected Chairperson.
_ is elected Vice-Chairperson.

Section 3.

------	--- is elected Secretary.

Section 4.

_ 		___	_ is elected Assistant Secretary.

 		 	 	___ is elected Assistant Secretary.
 		 		 	is elected Assistant Secretary.
 	__	___	_ is elected Assistant Secretary.

Section 5.
Section 6.
Section 7.

------	--- is elected Treasurer.
---------- is elected Assistant Treasurer.
This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED TIDS 5TH DAY OF JUNE, 2018.

ATTEST:

Secretary/Assistant Secretary

NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT

Chairperson/Vice-Chairperson

MINUTES

MINUTES OF MEETING NARCOOSSEE
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Narcoossee Community Development District was held Tuesday, January 23, 2018 at 3:00 p.m. at the Orange County Library-Southeast Branch, 5575 South Semoran Boulevard, Orlando, Florida.

Present and constituting a quorum were:
Jeffrey Smyk Steve Giercyk James Gregoire PeterWong
Also present were: Jason Showe
Roy VanWyk Rey Malave Alan Scheerer

FIRST ORDER OF BUSINESS

Chairman Vice Chairman
Assistant Secretary by phone Supervisor

District Manager District Attorney District Engineer Field Manager

Roll Call

Mr. Showe called the meeting to order at 3:00 p.m. and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

TIDRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individual to Fill the Board Vacancy with a Term Ending November 2018
Mr. Showe stated there is currently a vacancy and I have not received any resumes from
interested parties. We can hold this item until the next meeting. The vacancy is posted on the District website and we will reach out to all of the homeowner associations and ask if they will post this vacancy on their individual websites.

Administration of Oath of Office to Newly Appointed Supervisor

January 23, 2018	Narcoossee COD

Consideration of Resolution 2018-01 Electing Officers

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the October 24,
2017 Meeting

On MOTION by Mr. Wong seconded by Mr. Giercyk with all in favor the minutes of the October 24, 2017 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Discussion of Bids to Provide Landscape
Maintenance Services
Mr. Showe stated at the request of the Board at the last meeting we went out to bid for landscape services. We used the current scope of work and reached out to five vendors and received three bids. Down to Earth, your current vendor, has the lowest proposal at $98,440, which is the same as what you are now paying. It is our recommendation to stay with Down to Earth. That current contract goes through September 30, 2018. If the Board wants to change vendors I suggest we look at this during the budget process and see what the assessments might be using the number from Yellowstone.
Mr. Gregoire stated the price of $98,440 is a very good deal but that is provided the work is performed in a manner that is acceptable to the CDD and that is where the issue lies with Down to Earth; their quality hasn't been up to our standards. If they continue to improve over time and Alan continues to work with them and they stabilize their workforce, then we can keep them and save the District money. If they are not going to improve and they are not going to step up the quality of their work, then we have a responsibility to replace them at some time in the future.

SIXTH ORDER OF BUSINESS
Attorney

Staff Reports

Mr. VanWyk stated you should be getting our updates on the legislative activity. There are proposed bills we are keeping an eye on and there are items under the constitutional revision commission that we are keeping an eye on as well.

Engineer

2

January 23, 2018	Narcoossee CDD·

Mr. Malave stated we have a bid on an identical fence on another project and we asked them for a price delta if this is done in Narcoossee and he said use the same prices.
Mr. Malave pointed out on the aerial the options for fencing, the Board discussed each option and the timing ofconstruction of each segment then took the following action.

On MOTION by Mr. Smyk seconded by Mr. Giercyk with all in favor District staff was authorized to prepare drawings and bid documents and obtain proposals for Option C fencing to present at the next meeting.

Manager
Approval of Check Register
Mr. Showe stated we have checks 1663 through 1682 in the General Fund in the amount of $288,977.72 and October payroll for $737.97 for a total of $289,715.69. A large portion of that is for assessments that come into the General Fund and we cut a check for the Debt Service Fund.

On MOTION by Mr. Giercyk seconded by Mr. Wong with all in favor the check registers in the total amount of $289,715.69 were approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statements were provided in the agenda package.

Field Manger's report
Mr. Scheerer stated we touched base with Down to Earth on concerns with the landscaping.
We did get the signs ordered and I will get those in as soon as they are available. We
changed some of the language on them, they are generic conservation signs that are currently in place along the conservation easements throughout the backside of Nona Preserve and as soon as they come in they will be installed, probably halfa dozen of them behind those homes. We have also sent letters to the homeowners in that area informing them that it is not their area, it is our

3

January 23, 2018	Narcoossee CDD

area and we will add the signage once it comes in. We will have a concrete 4X4 post and check on it periodically to make sure it hasn't disappeared.

SEVENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors Requests
Mr. Showe stated the next meeting is scheduled for March 27, 2018.

On MOTION by Mr. Giercyk seconded by Mr. Smyk with all in favor the meeting adjourned at 3:53 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

4

SECTION V

REV I SED DRAFT

Narcoossee Community Development District
ANNUAL FINANCIAL REPORT
September 301 2017

REV I SED DRAFT

Narcoossee Community Development District ANNUAL FINANCIAL REPORT
Fiscal Year Ended September 30, 2017 TABLE O F CONTENTS

Page Number

REPORT OF INDEPENDENT AUDITORS MANAGEMENT'S DISCUSSION AND ANALYSIS
BASIC FINANCIAL STATEMENTS:
Government-wide Financial Statements Statement of Net Position Statement of Activities
Fund Financial Statements:
Balance Sheet - Governmental Funds
Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities
Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual - General Fund

1-2
j.

8
9
10 
11 
12 

13 
14

Notes to Financial Statements	1 5-27
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS	28-29
MANAGEMENT LETTER	30-31
INDEPENDENT ACCOUNTANTS REPORT/COMPLIANCE
WITH SECTION 21 8.45, FLORIDA STATUTES	32

REV I SED DRAFT

REPORT OF INDEPENDENT AUDITORS

To the Board of Supervisors
Narcoossee Community Development District Orange County, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of Narcoossee Community Development District as of and for the year ended September 30, 2017, as listed in the table of contents.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statem ents in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

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REV I SED DRAFT

To the Board of Supervisors
Narcoossee Community Development District

Opinion
In our opinion, the basic financial statements referred to above present fairly, in all material respects, the financial position of the governmental activities, and each major fund of Narcoossee Community Development District as of September 30, 201 7, and the respective changes in financial position and the budgetary comparison for the General Fund for the year then ended in conformity with accounting principles generally accepted in the United States of America.
Other Matters
Management's Discussion and Analysis
Accounting principles generally accepted in the United States of America require that the management's discussion and analysis be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economical or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted principally of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with the sufficient evidence to express an opinion or provide any assurance.
other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued a report dated April XX, 2018 on our consideration of the District's internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations and contracts.
The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Narcoossee Community Development District's internal control overfinancial reporting and compliance.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida
April XX, 201 8
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REVISED DRAFT

Narcoossee Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2017

Management's discussion and analysis of Narcoossee Community Development District (the "District') financial performance provides an objective and easily readable analysis of the District's financial activities. The analysis provides summary financial information for the District and should be read in conjunction with the District's financial statements.
OVERVIEW OF THE FINANCIAL STATEMENTS
The District's basic financial statements comprise three components; 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to financial statements. The Government-wide financial statements present an overall picture of the District's financial position and results of operations. The Fund financial statements present financial information for the District's major funds. The Notes to financial statements provide additional information concerning the District's finances.
The Government-wide financial statements are the statement of net position and the statement of activities. These statements use accounting methods similar to those used by private-sector companies. Emphasis is placed on the net position of governmental activities and the change in net position. Governmental activities are primarily supported by special assessments.
The statement of net position presents information on all assets and liabilities of the District, with the difference between assets and liabilities reported as net position. Net position are reported in three categories; 1) net investment in capital assets, 2) restricted, and 3) unrestricted. Assets, liabilities, and net position are reported for all Governmental activities.
The statement of activities presents information on all revenues and expenses of the District and the change in net position. Expenses are reported by major function and program revenues relating to those functions are reported, providing the net cost of all functions provided by the District. To assist In understanding the District's operations, expenses have been reported as governmental activities. Governmental activities financed by the District include general government, physical environment and debt service.
Fund financial statements present financial information for governmental funds. These statements provide financial information for the major funds of the District. Governmental fund financial statements provide information on the current assets and liabilities of the funds, changes in current financial resources (revenues and expenditures), and current available resources.

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REVISED DRAFT

Narcoossee Community Development District
MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 201 7 OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)
Fund financial statements include a balance sheet and a statement of revenues, expenditures and changes in fund balances for all governmental funds. A statement of revenues, expenditures, and changes in fund balances - budget and actual is provided for the District's General Fund. Fund financial statements provide more detailed information about the District's activities. Individual funds are established by the District to track revenues that are restricted to certain uses or to comply with legal requirements.
The government-wide financial statements and the fund financial statements provide different pictures of the District. The government-wide financial statements provide an overall picture of the District's financial standing. These statements are comparable to private-sector companies and give a good understanding of the District's overall financial health and how the District paid for the various activities, or functions, provided by the District. All assets of the District, including land, buildings and improvements, and infrastructure are reported in the statement of net position. All liabilities, including principal outstanding on bonds are included. The statement of activities includes depreciation on all long lived assets of the District, but transactions between the different functions of the District have been eliminated in order to avoid "doubling upu the revenues and expenses. The fund financial statements provide a picture of the major funds of the District. In the case of governmental activities, outlays for long lived assets are reported as expenditures and long-term liabilities, such as general obligation bonds, are not included in the fund financial statements. To provide a link from the fund financial statements to the government-wide financial statements, a reconciliation is provided from the fund financial statements to the government-wide financial statements.
Notes to financial statements provide additional detail concerning the financial activities and financial balances of the District. Additional information about the accounting practices of the District, investments of the District, capital assets and long-term debt are some of the items included in the notes to financial statements.
Financial Highlights
The following are the highlights of financial activity for the year ended September 30, 2017.
♦ The District's total assets exceeded total liabilities by $1,653,502 (net position). Unrestricted net position for Governmental Activities was $1 08,495. Net Investment In Capital Assets was $1 ,1 54,541 . Restricted net position was $390,466.
♦ Governmental activities revenues totaled $634,1 77 while governmental activities expenses totaled $596,952.

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1r:

!

1:

[
f'

REV I SED DRAFT

Narcoossee Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2017 
OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)
Financial Analysis ofthe District
The following schedule provides a summary of the assets, liabilities and net position of the District and is presented by category for comparison purposes.
Net Position

Current assets Restricted assets Capital assets
Deferred amount on refunding
Total Assets and Deferred Outflows

Governmental Activities 2017	2016
$	421 ,932	$	431,888
300,721	283,500
4,422,918	4,544,643
32,268	34,361
5, 177,839	5,294,392

Current liabilities Non-current liabilities
Total Liabilities
Net investment in capital assets Restricted debt dervice Restricted capital projects
Net position - unrestricted Total Net Position

227,683
3,296,654
3,524,337
1, 1 54,541
81 ,629
308,837
1 08,495
$ 1,653,502

224,596
3,453,519
3,678, 115 
1,126,775
62,425
321 ,746
105,331
$ 1,616,277

The decrease in capital assets is the result of current year depreciation.
The decrease in total liabilities is primarily related to principal payments on the bonds outstanding.

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REV ISED DRAFT

Narcoossee Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2017
OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)
Financial Analysis of the District (Continued)
The following schedule provides a summary of the changes in net position of the District and is presented by category for comparison purposes.
Change In Net Position
Governmental Activities 2017	 	2016
Program Revenues
Charges for selVices	$	633,106	$	630,332

89

General Revenues
Investment earnings	1 ,071
Miscellaneous revenues	 		8,750
Total Revenues	 	634, 1 77	639, 171 
Expenses
General government	111 ,203	1 02,134

t

Interest on long-term debt	159,01 0	163,095	
Total Expenses	596,952	574,896	
Change in Net Position	37,225	64,275	
Net Position - Beginning of Year	1,616,277	1 ,552,002	
Net Position - End of Year	$	1 ,653,502	$	1 ,616,277	

Physical environment	326, 739	309,667
1:

The increase in physical environment expenses is mostly attributable to an increase in repairs and maintenance fees at the fund level.

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REVISED DRAFT

Narcoossee Community Development District MANAGEMENT'S DISCUSSION AND ANALYSIS
For the Year Ended September 30, 2017 OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)
Capital Asset s Activity
The following schedule provides a summary of the District's capital assets as of September 30, 2017 and 2016.

Land

Desertptlon

Governmental  Activities
2017	2016

Improvements	631 ,768	631 ,768	
Infrastructure Accumulated depreciation	2,145,239
(1 ,599,230)		2, 145,239
(1 ,477,505)	
Total Capital Assets (Net)	$	4,422,918	$	4,544,643	

$	3,245,141	$	3,245,141

The activity for the year co_nsisted of $121 ,725 in depreciation. General Fund Budgetary Hlghllghts
Actual governmental expenditures were less than final budgeted amounts primarily due to lower landscape maintenance and attorney fees than were anticipated in the approved budget.
There were no budget amendments in the current year. Debt Management
Governmental Activities debt includes the following:
	In March 201 3, the District issued $4, 1 80,000 Series 201 3 Special Assessment Refunding Bonds. These bonds were issued to refund the Series 2002 Special Assessment Revenue Bonds for the District. The balance outstanding at September 30, 2017 was $3,505,000.
Economic Factors and Next Year's Budget
The District does not expect any economic factors to have any significant effect on the financial position or results of operations ofthe District in fiscal year 2018.
Request for Information
The financial report is designed to provide a general overview of Narcoossee Community Development District finances for all those with an interest. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Narcoossee Community Development District, Governmental Management Services, 135
W. Central Blvd, Suite 320, Orlando, FL 32801. 

-7- 

REV ISED DRAFT

ASSETS
Current Assets Cash Investments Prepaid items

Narcoosee Community Development District STATEMENT OF NET POSITION
September 30, 2017

Governmental Activities

$	371 ,224
26,025
24,683

Total Current Assets Non-current Assets
Restricted assets Investments
Capital assets, not being depreciated Land
Capital assets, being depreciated Infrastructure
Improvements
Less: accumulated depreciation Total Non-current Assets
Total Assets

Deferred Outflows of Resources Deferred amount on refunding
Total Assets and Deferred Outflows of Resources

LIABILITIES
Current  Liabilities
Accounts payable and accrued expenses Accrued interest
Bonds payable - current portion Total Current Liabilities
Non-current liabilities Bonds payable
Total Liabilities
NET POSITION
Net investment in capital assets Restricted debt service Restricted capital projects Unrestricted

421 ,932

300,721
3,245, 141 
2, 145,239
631 ,768
(1 ,599,230)
5, 145,571

32,268
5,1 77,839

4,600
63,083
160,000
227,683
3,296,654
3,524,337

1, 1 54,541
81 ,629
308,837
 	1 08,495 

Total Net Position

See accompanying notes.
- 8 -

$	1,653,502

[

REV I SED DRAFT

Narcoossee Community Development District STATEMENT OF ACTIVITIES
For the Year Ended September 30, 201 7

Functions/Programs Governmental Activities

Interest on long-tenn debt

Program
 		 Revenues Charges for
 	Expenses		Services

(1 59,01 0)	1 68,640

Net {Expense) Revenues and Changes in Net Position Governmental
 	Activities	

General g overnment	$	(1 11 ,203)	$	11 7,938	$	
Physical environment	(326,739)	346,528		

6,735
1 9,789
9,630

Total Governmental Activities	 $

$	633, 1 06

36;154

Investment earnings	1 , 07 1	
Change in Net Position	37,225	
Net Position - October 1, 2016 	 	1 ,616,277	
Net Position - September 30, 201 7	$	1 ,653,502	

General revenues:

See acoompanying notes.

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REV ISED DRAFT

Narcoossee Community Development District BALANCE SHEET
GOVERNMENTAL FUNDS
September 30, 2017 

Total
Debt	Capital	Governmental
ASSETS	General	 Servic e		Projects	 	Funds	

Cash	$ 62,387	$	$ 308,837	$	371 ,224	
Investments, at fair value	26,025		26,025	
Prepaid items Restricted assets
Investments, at fair value	24,683

300,721	 		24,683

300,721	
Total Assets	$ 11 3,095	$ 300,721	$ 308,837	  $	722,653 	
LIABILITIES AND FUND BALANCES LIABILITIES
Accounts payable and accrued expenses	 $	4,600     $		$	 $	4,600

FUND BALANCES
Nonspendable
Prepaids	24,683	24,683
Restricted
Debt service	300,721	300,721
Capital projects	308,837	308,837
Unassigned	83,812	 	 		83,812

Total Fund Balances	1 08,495	 300,721	 	308,837	718,053

Total Liabilities and Fund Balances	$ 113,095	$300,721	$ 308,837	$	722,653

See accompanying notes.

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REV ISED DRAFT

Narcoossee Community Development District RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES
TO NET POSITION OF GOVERNMENTAL ACTIVITIES
September 30, 2017

Total Governmental Fund Balances

Amounts reported for governmental activities in the Statement of Net Position are different because:

Capital assets consisting of land, $3,245, 141 , improvements, $631 ,768, and infrastructure, $2,145,239, net of accumulated depreciation, $(1 ,599,230), used in governmental activities are not currentfinancial resources and therefore,
are not reported at the fund level.

Deferred outflows of resources, deferred amount on refunding net, are not financial resources and, therefore, are not reported at the fund level.

Long-term liabilitles, including bonds payable, $(3,505,000), less bond discount, net $48, 346, are not due and payable in the current period and, therefore, are not reported at the fund level.

Accrued Interest expense for long-term debt is not a current financial use, and therefore, is not reported at the fund level.

Net Position of Governmental Activities

$	71 8,053

4,422,918

32, 268

(3,456,654)

(63,083)

$	1,653,502

See accompanying notes.

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REV ISED DRAFT

Narcoossee Community Development District
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES -
GOVERNMENTAL FUNDS
For the Year Ended September 30, 2017

Revenues

Totals
Debt	Capital	Governmental
  General		Service	 	Projects		Funds

Investment earnings	 	1 36 	 	902 		1,071	
Total Revenues	306,439	 	327,705 	 		 	 634,1 77	

General government	111 ,203			111 ,203	
Physical environment	169,386		35,628	205,014	
Debt service					
Principal		1 55,000		1 55,000	
Interest	 	1 55,484	1 55,484	
Total Expenditures	280,589	 	310,484 		35,628	 	626,701 	
Excess of revenues over/(under)						
expenditures	 	25,850 	 	1 7,221 	 			 	7,476	
Other financing sources/(uses)						
Transfers in			22,696	22,696	
Transfers out	 	(22,696)	 		 	   	 (22,696)	
Total other financing sources/(uses)	(22,696)	 		22,696	
Net change in fund balances	3, 154	17,221	(12,899)	7,476	
Fund Balances - October 1, 2016	105,341	 	283,500 	 	321 ,736	 	710,577	
Fund Balances - September 30, 2017 	$	108,495	$	300,721	$	308,837	$	718,053	

Special assessments	$	306,303	$	326,803	$	$	633, 1 06

33

Expenditures Current

(35,595)

See accompanying notes.

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REVI SED DRAFT

Narcoossee Community Development District RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE
STATEMENT OF ACTIVITIES
For the Year Ended September 30, 2017

Net Change in Fund Balances - Total Governmental Funds

Amounts reported for governmental activities in the Statement of Activities are different because:

Governmental funds report capital outlays as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful
lives as depreciation. This is the amount of depreciation in the current period.

The deferred amount on refunding is amortized in the statement of Activities, but not in the governmental funds. This is the amount of current year amortization.

Repayment of bond principal is an expenditure in the governmental funds,
but the repayment reduces long-term liabilities in the Statement of Net Position.

Governmental funds report bond discounts as expenditures. However, in the Statement of Activities, the cost is amortized as Interest. This is the amount of amortization in the current year.

In the statement of activities, interest is accrued on outstanding bonds; whereas in governmental funds, interest expenditures are reported when due. This Is the net amount between the prior year and the current year accruals.

$	7,476

(121 ,725)

(2,093)

1 55,000

(3, 1 35)

 	1 ,702 

Change in Net Position of Governmental Activities	$	37,225

See accompanying notes.	- 13 -

REV I SED DRAFT

Narcoossee Community Development District STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL GENERAL FUND
For the Year Ended September 30, 201 7

Revenues

Original	Final
Budget	Budget	Actual

Variance Favorable
 {Unfavorable)

Special assessments	$ 297,263	$ 297,263	$ 306,303	$	9,040	
Investment earnings	 	   		 	1 36 	 	1 36 	
Total Revenues	 	297,263	 	297,263 	306,439	9,176	

General government	11 9,069	11 9,069	11 1,203	7,866	
Physical environment	 	1 78,1 94	 	1 78,1 94 	1 69,386	 	8,808 	
Total Expenditures	297,263	297,263	 	280,589	1 6,674	
Excess of revenues over/(under) expenditures	

25,850	
 		25,850	

other financing sources/(uses) Transfers out	

(22,696)	
(22,696)	

(22,696)		
Net change in fund balances	(22,696)	(22,696)	3,1 54	25,850	
Fund Balances - October 1, 2016 	22,696	 	22,696 	1 05,341	82,645	

Expenditures Current

1:

,

[:

Fund Balances - September 30, 2017	$	$	$ 1 08,495	$	1 08,495

See accompanying notes.

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REV ISED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLlCIES
The financial statements of Narcoossee Community Development District (the "District") have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The District's more significant accounting policies are described below.
Reporting Entity
The District was established on March 4, 2002 by an ordinance of the City of Orlando, Florida, under the Uniform Community Development Distrjct Act of 1 980, Chapter 1 90, Florida Statutes, as amended (the "Act"}, as a Community Development District. The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of the infrastructure necessary for community development within its jurisdiction. The District is governed by a five-member Board of Supervisors, who are elected for terms of four years. The District operates within the criteria established by Chapter 190. The Board has the responsibility for assessing and levying assessments, approving budgets, exercising control over facilities and properties, controlling the use of funds generated by the District, approving the hiring and firing of key personnel, and financing improvements.
The reporting entity for the District includes all functions of government in which the District's Board exercises oversight responsibillty. Oversight responsibility includes, but is not limited to, financial interdependency, designation of management, significant ability to influence operations and accountability for fiscal matters. As required by GMP, these financial statements present the Narcoossee Community Development District {the primary government} as a stand-alone government.
Based upon the application ofthe above-mentioned criteria as set forth by the Governmental Accounting Standards Board, the District has identified no component units.
Measurement Focus and Basis of Accounting
The basic financial statements ofthe District are composed of the following:
Government-wide financial statements
Fund financial statements
Notes to financial statements

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REV ISED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Measurement Focus and Basis ofAccounting (Continued)
Government-wide Financial Statements
Government-wide financial statements report all non-fiduciary information about the reporting government as a whole. These statements include the governm ental activities of the primary government. The effect of interfund activity has been removed from these statements.
Governmental activities are supported by special assessments, miscellaneous revenues and interest. Program revenues include charges for services, and payments made by parties outside of the reporting government's citizenry if that money is restricted to a particular program. Program revenues are netted with program expenses in the statement of activities to present the net cost of each program.
Amounts paid to acquire capital assets are capitalized as assets, rather than reported as an expenditure. Proceeds of long-term debt are recorded as liabilities in the government-wide financial statements, rather than as an other financing source.
Amounts paid to reduce Jong-term indebtedness of the reporting government are reported as a reduction of the related liability, rather than as an expenditure.
Fund Financial Statements
The underlying accounting system of the District is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accou nts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.
Fund financial statements for the primary government's governmental funds are presented after the government-wide financial statements. These statements display information about major funds individually.

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REV I SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

2. Measurement Focus and Basis of Accounting (Continued)

b. Fund Financial Statements (Continued) Governmental Funds
The District has implemented the Governmental Accounting Standards Board Statement 54 - Fund Balance Reporting and Governmental Fund Type Definitions. The Statement requires the fund balance for governmental funds to be reported in classifications that comprise a hierarchy based primarily on the extent to which the government is bound to honor constraints on the specific purposes for which amounts in those funds can be spent.

The District has various policies governing the fund balance classifications.
Nonspendable Fund Balance - This classification consists of amounts that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact.
Restricted Fund Balance - This classification includes amounts that can be spent only for specific purposes stipulated by the state constitution, external resource providers, or through enabling legislation.
Assigned Fund Balance - This classification consists of the Board of Supervisors' intent to be used for specific purposes, but are ,:ieither restricted nor committed. The assigned fund balances can also be assigned by the District's management company.
Unassigned Fund Balance - This classification is the residual classification for the government's general fund and includes all spendable amounts not contained in the other classifications. Unassigned fund balance is considered to be utilized first when expenditure is incurred for purposes for which amounts in any of those unrestricted fund balance classifications could be used.

Fund Balance Spending Hierarchy - For all g overnmental funds except special revenue funds, when restricted, committed , assigned, and u nassigned fund balances are combined in a fund, qualified expenditures are paid first from restricted or committed fund balance, as appropriate, then assigned and finally u nassigned fund balances.

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REVI SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Measurement Focus and Basis of Accounting (Continued)
b. Fund Financial Statements (Continued) Governmental Funds (Continued)
Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are considered to be available when they are collected within the current period or soon thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.
Expenditures generally are recorded when a liability is incurred, as under accrual accounting. Interest associated with the current fiscal period is considered to be an accrual item and so has been recognized as revenue of the current fiscal period.
Under the current financial resources measurement focus, only current assets and current liabilities are generally included on the balance sheet. The reported fund balance is considered to be a measure of "available spendable resources". Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of "available spendable resources" during a period.
Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities.
Amounts expended to acquire capital assets are recorded as expenditures in the year that resources were expended, rather than as fund assets. The proceeds of long-term debt are recorded as an other financing source rather than as a fund liability.
Debt service expenditures are recorded only when payment is due.
Basis of Presentation
Governmental Major Funds
General Fund - The General Fund is the District's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.

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iI:. 

REVI SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Basis of Presentation (Continued)
Governmental Major Funds (Continued)
Debt Service Fund - Accounts for debt service requirements to retire certain special assessment refunding bonds which were used to finance the construction of District infrastructure improvements and finance certain additional improvements. The bond series is secured by a pledge of debt service special assessment revenues in any fiscal year related to the improvements. A lien is placed on all benefited land in relationship to the debt outstanding.
Capital Projects Fund - The Capital Project Fund accounts for the construction of infrastructure improvements within the boundaries of the district.
Non-current Governmental Assets/Llabllitles
GASS Statement 34 requires that non-current governmental assets, such as land and buildings, and non-current governmental liabilities, such as special assessment bonds, be reported in the governmental activities column in the government-wide statement of net position.
Assets, Liabilities and Net Position or Equity
Cash and Investments
Florida Statutes require state and local governmental units to deposit monies with financial  institutions  classified  as  "Qualified  Public  Depositories,11     a  multiple  financial institution pool whereby groups of securities pledged by the various financial institutions provide common collateral from their deposits of public funds. This pool is provided as additional Insurance to the federal depository insurance and allows for additional assessments against the member institutions, providing full insurance for public deposits.

- 19 -

,i.

1:

I:

REVISED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Assets, Liabilities and Net Position or Equity (Continued)
Cash and I nvestments (Continued)
The District is authorized to invest in those financial instruments as established by Section 21 8.41 5, Florida Statutes. The authorized investments consist of:
Direct obligations of the United States Treasury;
The Local Government Surplus Funds Trust or any intergovernmental investment pool authorized pursuant to the Florida lnterlocal Cooperative Act of 1969;
Interest-bearing time deposits or savings accounts in authorized qualified public depositories;
Securities and Exchange Commission, registered money market funds with the highest credit quality rating from a nationally recognized rating agency.
Cash equivalents include time deposits and certificates of deposit with original maturities of three months or less and held in a qualified public depository as defined by Florida Statute 280.02.
Restricted Net Position
Certain net position of the District are classified as restricted on the statement of net position because their use is limited either by law through constitutional provisions or enabling legislation; or by restrictions imposed externally by creditors. In a fund with both restricted and unrestricted net position, qualified expenses are considered to be paid first from restricted net position and then from unrestricted net position.
Capital Assets
Capital assets, which include land and infrastructure, are reported in the applicable governmental activities column.
The District defines capital assets as assets with an initial, individual cost of $5,000 or more and an estimated useful life in excess of one year. The valuation basis for all assets is historical cost.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend its useful life are not capitalized.

- 20 -

REV I SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 201 7
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
4. Assets, Liabilities and Net Position or Equity (Continued)
Capital Assets (Continued)
Major  outlays  for  capital  assets  and  improvements_ are  capitalized  as  projects  are constructed.
Depreciation of capital assets is computed and recorded by utilizing the straight-line m ethod. Estimated useful lives of the various classes of depreciable capital assets are as follows:

Improvements: Infrastructure:
Deferred Outflow of Resources

1 0-30 years
1 0-30 years

Deferred outflows of resou rces represent a consumption of net position/fund balance that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District only has one item that qualifies for reporting in this category. It is the deferred amount on refunding reported on the Statement of Net Position. A deferred amount on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt.
U namortized Bond Discount
Bond discounts are presented on the government-wide financial statements. The costs are amortized over the life of the bonds using the method of accounting. For financial reporting, the unamortized bond discount is netted against the applicable long-term debt.

Budgets
Budgets are prepared and adopted after public hearings for the governmental funds, pursuant to Chapter 1 90, Florida Statutes. The District utilizes the same basis of accounting for budgets as it does for revenues and expenditures in its various funds. The legal level of budgetary control is at the fund level. All budgeted appropriations lapse at year end. Formal budgets a re adopted for the general and debt service funds. As a result, deficits in the budget variance columns of the accompanying financial statements may occur.

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REV I SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017 
NOTE	B   -		RECONCILIATION	OF GOVERNMENT-WIDE AND	FUND	FINANCIAL STATEMENTS
Explanation of Differences Between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Position
"Total fund balances" of the District's governmental funds ($71 8,053) differs from "net position" of governmental activities ($1 ,653,502) reported in the Statement of Net Position. This difference primarily results from the long-term economic focus of the statement of net position versus the· current financial resources focus of the governmental fund balance sheet. The effect of the differences is illustrated below.
Capital related Items
When capital assets (property, plant and equipment that are to be used in governmental activities) are purchased or constructed, the cost of those assets is reported as expenditures in governmental funds. However, the Statement of Net Position included those capital assets among the assets of the District as a whole.

Land Improvements Infrastructure
Accumulated depreciation Total
Deferred outflows of resources

$	3,245, 141
631 , 768
2,1 45,239
(1,599,230)
$	4,422.918

Deferred amounts in refunding, net is not a current financial resource and, therefore, is not reported in the funds.
Deferred amount on refunding	s	32,268
Long-term debt transactions
Long-term liabilities applicable to the District's governmental activities are not due and payable in the current period and accordingly are not reported as fund liabilities. All liabilities (both current and long-term) are reported in the Statement of Net Position. Balances at September 30, 2017 were:

Bonds payable Bond discount, net
Total

$	(3,505,000)
 	48 346
S	(3,456.654}

Accrued interest
Accrued liabilities in the Statement of Net Position differ from the amount reported in governmental funds due to accrued interest on bonds.

Accrued interest on bonds payable
- 22 -

$	(63 083}

REVI SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017

NOTE	B  -		RECONCILIATION OF	GOVERNMENT-WIDE	AND	FUND	FINANCIAL STATEMENTS (CONTINUED}
Explanation of Differences Between the Governmental Fund Operating Statements and the Statement of Activities
The "net change in fund balances• for government funds ($7,476) differs from the Mchange in
net position" for governmental activities ($37,225) reported in the Statement of Activities.	;

r

1,

The  differences arise primarily from  the  long-term economic focus of the Statement of	L

r

Activities versus the current financial resources focus of the governmental funds. The effect	I .
of the differences is illustrated below.	I·
Capital related items	�
When capital assets that are to be used in governmental activities are purchased or constructed, the resources expended for those assets are reported as expenditures in governmental funds. However, in the Statement of Activities, the cost of those assets is allocated over their estimated useful lives and reported as depreciation. As a result, fund balances decrease by the amount of financial resources expended, whereas net position decrease by the amount of depreciation charged for the year.

Depreciation Deferred outflows of resources

$	(121,725)

The deferred amount on refunding is amortized in the Statement of Activities, but not in governmental funds. This is the amount of current year amortization.

Deferred amount on refunding amortization Long-term debt transactions

$	(2.093)

Repayments of bond principal are reported as an expenditure in the governmental funds and, thus, have the effect of reducing fund balance because current financial resources have been used.

Debt principal payments Bond discount amortization
Total

$	1 55,000
(3,1 35)
$	151,865·

Some expenses reported in the Statement of Activities do not require the use of current financial resources, therefore, are not reported as expenditures in governmental funds.
Net change in accrued interest payable	$	1,702

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,...,....,�. .....-,...-.•-rr-•--•	•------ ----• -	-

REV ISED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017 
NOTE C - CASH AND INVESTMENTS
All deposits are held in qualified public depositories and are included on the accompanying balance sheet as cash and investments.
Custodial Credit Risk - Deposits
Custodial credit risk is the risk that in the event of a bank failure, the District's deposits may not be returned to it. The District does not have a formal deposit policy for custodial credit risk; however, they follow the provisions of Chapter 280, Florida Statutes regarding deposits and investments. As of September 30, 201 7, the District's bank balance was $371 ,407 and the carrying value was $371 ,224. The District maintains all deposits in a qualified public depository in accordance with the provisions of Chapter 280, Florida Statutes, which means that all deposits are fully insured by Federal Depositors Insurance or collateralized under Chapter 280, Florida Statutes.
As of September 30, 201 7, the District had the following investments and maturities:

Investment

First American Government Obligation Fund

   Maturities	Fair Value

23 days*	$	326, 746

*Maturity is a weighted average m aturity.
The District categorizes its fair value measurement within the fair value hierarchy established by generally accepted accounting principles. The fair value is the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. The District uses a market approach in measuring fair value that uses prices and other relevant information generated by market transactions involving identical or similar assets, liabilities, or groups of assets and liabilities.
Assets or liabilities a re classified into one of three levels. Level 1 is the most reliable and is based on quoted price for identical assets, or liabilities, in an active market. Level 2. uses significant other observable inputs when obtaining quoted prices for identical or similar assets, or liabilities, in markets that are not active. Level 3 is the least reliable and uses significant unobservable inputs that uses the best information available under the circumstances, which includes the District's own data in measuring unobservable inputs.
The investment listed above is a level 1 asset. Interest Rate Risk
The District does not have a formal ·investment policy that limits investment m aturities as a means of managing its exposure to fair value losses arising from increasing interest rates.

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REVI SED DRAFT

Narcoossee Community Development District NOTES TO FINANCIAL STATEMENTS
September 30, 2017 NOTE C - CASH AND INVESTMENTS (CONTINUED)
Credit Risk
The District's investments are limited by state statutory requirements and bond compliance. The District has no investment policy that would further limit its investment choices. As of September 30, 201 7, the District's investment in First American Government Obligation Fund was rated AAAm by Standards & Poors.
Concentration of Credit Risk
The District places no limit on the amount it may invest in any one investment. The investment in the First American Government Obligation is 1 00% of the District's total investments.
The types of deposits and investments and their level of risk exposure as of September 30, 2017 were typical of these items during the fiscal year then ended. The District considers any decline in fair value for certain investments to be temporary.
NOTE D - SPECIAL ASSESSMENT REVENUES
Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based upon adopted budget and levied annually. Debt Service Assessments are levied when bonds are issued and collected annually. The District may collect assessments directly or utilize the uniform method of collection (Chapter 1 97.3632, Florida Statutes). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the Debt Service Assessments on their property subject to various p rovisions in the bond documents.
Assessments and interest associated with the current fiscal period are all considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. Only the portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue ofthe current period.

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REVI SED DRAFT

Narcoossee Community Development District N OTES TO FINANCIAL STATEMENTS
September 30, 2017 

NOTE E - CAPITAL ASSETS
Capital Asset activity for the year ended September 30, 2017 was as follows:
Beginning

Ending

Governmental Activities:
Capital assets, not being depreciated:

Balance	Additions

Deletions	Balance

Land	$ 3,245,141	$
Capital assets, being depreciated:
Improvements	631 ,768

$	$ 3,245,141

631 ,768

lnfrastucture	2,145,239	 	 	2,145,239 

Total Capital Assets, Being Depreciated	2,777,007
Less accumulated depreciation	(1 ,477,505}	(121 ?25} Total Capital Assets Depreciated, Net		1,299,502	(121,725)
Governmental Activities Capital Assets	i �.544,643	i {12l,725}

2,777,007
(1,599,230} 1,177l77
i	i 4,422,918

Depreciation of $121 ,725 was charged to physical environment. NOTE F - LONG-TERM DEBT

September 30, 2017:
Long-term debt at October 1, 2016 		
$	3,660,000	
Principal payments		(1 55,000)	
Long-term debt at September 30, 2017 		$	3,505.000	
$4,180,000 Series 2013 S pecial Assessment	Refunding		
Bonds due in annual installments beginning May 2014 and
maturing May 2033. I nterest from 5. 125% to 5.625% is due	
in May and November starting May 2013.	$	3,505,000	
Bond Discount, Net	(48,346)	
Bonds Payable, Net	$	3.456 654	

The following is a summary of activity for long-term debt of the District for the year ended

- 26 -

Narcoossee Community Development District N OTES TO FINANCIAL STATEMENTS
September 30, 201 7
NOTE F - LONG-TERM DEBT (CONTINUED)

REVISED DRAFT 

,r.:i . 

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 201 7 are as follows:
Year Ending

September 30,	Principal
2018	$	1 60,000
2019	1 65,000
2020	175,000
2021	1 75,000

2023-2027	1 ,040,000	504,673	1 ,544,673	
2028-2032	1 ,31 0,000	243, 087	1 ,553,087	

2022	185, 000

 	Interest	
$	1 50,961
145,780
140,1 74
1 33,861
127, 236

Total
$	31 0,961
31 0,780
315,1 74
308,861
312,236

2033	295,000
Totals	$	3,505,000

 	1 0 972
$	1 ,456,744

305,972
$	4,961 ,744

Summary of Significant Bonds Resolution Terms and Covenants
The District levies special assessments pursuant to Section 1 90.022, Florida Statutes and the assessment rolls are approved by resolutions of the District Board. The collections are to be strictly accounted for and applied to the debt service of the bond series for which they were levied. The District covenants to levy special assessments in annual amounts adequate to provide for payment of principal and interest on the bonds. Payment of principal and interest is dependent on the money available in the debt service fund and the District's ability to collect special assessments levied.
The Bonds are subject to redemption at the option of the District and are also subject to extraordinary mandatory redemption prior to maturity as outlined in the Bond Indenture.
The bond resolution and the trust indenture provide for the establishment of certain accounts. The accounts include a construction, revenue, redemption, reserve, interest and prepayment account and are maintained by a trustee.

,.

The bond indenture provides for Debt Service Reserve Funds, which shall be held by the Trustee separate and apart from all other funds. The following is a schedule of reserve requirements and balances in the reserve accounts at September 30, 2017:

Series 2013 NOTE G - RISK MANAGEMENT

Reserve
 	Balance	
$ 1 56,009

Reserve Requirement
$	1 56,009

The government is exposed to various risks of loss related to torts, theft of, damage to and destruction of assets; errors and omissions; and natural disasters for which the government carries commercial insurance.
- 27 -

REVI SED DRAFT

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDlT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENTAUDITING STANDARDS

To the Board of Supervisors
Narcoossee Community Development District Orange County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of Ame rica and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Narcoossee Community Development District, as of and for the year ended September 30, 201 7, and the related n otes to the financial statements, and have issued our report thereon dated April XX, 201 8.
Internal Control Over Financial Reporting
In planning and performing our audit,· we considered Narcoossee Community Development District's internal control over financial reporting to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Narcoossee Community Development District's internal control. Accordingly, we do not express an opinion on the effectiveness of Narcoossee Community Development District's internal control over financial reporting.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

- 28

I I

REV I SED DRAFT

Board of Supervisors
Narcoossee Community Development District

Compliance and Other Matters
As part of obtaining reasonable assurance about whether Narcoossee Community Development District's financial statements are free of material misstatement, we performed tests of its compliance with  certain  provisions  of laws,  regulations,  contracts,  and  grant  agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants
Fort Pierce, Florida
April XX, 2018 

- 29 -

REVI SED DRAFT

MANAGEMENT LETTER
To the Board of Supervisors
Narcoossee Community Development District Orange County, Florida
Report on the Financial Statements
We have audited the financial statements of the Narcoossee Community Development District as of and for the year ended September 30, 2017, and have issued our report thereon dated April XX, 201 8.
Auditor's Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and Chapter 1 0.550, Rules of the Florida Auditor General.
Other Reporting Requirements
We have issued our Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and our Independent Auditor's Report on an examination conducted in accordance with A/CPA Professionals Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 1 0.550, Rules of the Auditor General. Disclosures in those reports, which are dated April XX, 201 8, should be considered in conjunction with this Management Letter.
Prior Audit Findings
Section 10.554(1 )(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding financial audit report. There were no findings or recommendations in the preceding audit.
Financial Condition and Management
Section 1 0.554(1)(i)5.a. and 1 0. 556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not Narcoossee Community Development District has met one or more of the conditions described in Section 21 8.503(1), Florida Statutes, and to identify the specific conditions met. In connection with our audit, we determined that Narcoossee Community Development District did not meet any ofthe conditions described in Section 21 8.503(1) Florida Statutes.

- 30 -

REVI SED DRAFT

To the Board of Supervisors
Narcoossee Community Development District
Pursuant to Sections 10.554{1)(i)5.c. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for Narcoossee Community Development District. It is management's responsibility to monitor the Narcoossee Community Development District's financial condition; our financial condition assessment was based in part on the representations made by management and the review of the financial information provided by the same as of September 30, 201 7.
Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.
Annual Financial Report
Section 1 0.554(1)(i)5.b. and 1 0.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether the annual financial report for the Narcoossee Community Development District for the fiscal year ended September 30, 2017, filed with the Florida Department of Financial Services pursuant to Section 218.32(1 )(a), Florida Statutes, is in agreement with the annual financial audit report for the fiscal year ended September 30, 2017. In connection with our audit, we determined that these two reports were in agreement.
Additional Matters
Section 1 0. 554(1 )(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings.
Purpose of this Letter
Our Management Letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida
April XX, 201 8

- 31 -

REV I SED DRAFT

INDEPENDENT ACCOUNTANT'S REPORT/COMPLIANCE WITH SECTION 21 8.415, FLORIDA STATUTES

To the Board of Supervisors
Narcoossee Community Development District Orange County, Florida

We have examined Narcoossee Community Development District's compliance with Section 21 8.415, Florida Statutes during the year ended September 30, 201 7. Management is
responsible for Narcoossee Community Development District's compliance with those	\.
requirements. Our responsibility is to express an opinion on Narcoossee Community Development District's compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about Narcoossee Community Development District's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Narcoossee Community Development District's compliance with the .specified requirements.
In our opinion, Narcoossee Community Development District complied, in all material respects, with the aforementioned requirements during the year ended September 30, 201 7.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida
April XX, 2018 

- 32 -

....o,,

��tt Berger, Toombs,  Elam, Gaines & Frank
Certified Public Accountants	PL
600 Citrus Avenue
Su ite 200
Fort Pierce, Florida 34950
7721461 -61 20 II 461-1 155
FAX:  7721468-9278

March 30, 2018 

To the Board of Supervisors
Narcoossee Commun ity Development District Orange County, Florida

This letter is intended to communicate certain matters related to the planned scope and timing of our audit of Na rcoossee Community Development District's (the "Districf) financial statements as of and for the year ending September 30, 201 7.

Communication

Effective two-way communication between our firm and the Board of Supervisors is important to understanding matters related to the audit and developing a constructive working relationship.

Your insights may assist us in understanding the District and its environment, identifying appropriate sources of audit evidence and providing information about specific transactions or events. We will discuss with you your oversight of the effectiveness of internal control and any areas where you request additional procedures to be undertaken. We expect that you will communicate to us any matters you consider relevant to the audit in a timely manner. Such matters might include strategic decisions that may significantly affect the nature, timing and extent of audit procedures, your suspicion or detection of fraud, or any concerns you may have about the integrity or competence of senior management.

We will communicate to you, in timely manner, any fraud involving senior management and other fraud that causes a material misstatement of the financial statements, instances of noncompliance with laws and regulations that come to our attention (unless they are clearly inconsequential), and disagreements with management and other serious difficulties encountered in performing the audit. We also will communicate to you and to management any significant deficiencies or material weaknesses in internal control that become known to us during the course of the audit. Other matters arising from the audit that are, in our professional judgment, significant and relevant to you in your oversight of the financial reporting process will be communicated to you in writing after the audit.

Member AICPA

Fort Pierce I Stuart
Member AICPA Division For CPA Firms Private Companies Practice Section

Member FICPA

�fQ Berger, Toombs, Elam,
-t;J Gaines & Frank

Board of Supervisors
Narcoossee Community Development District March 30, 2018 
Page 2

Independence
Our independence policies and procedures are designed to provide reasonable assurance that our firm and its personnel comply with applicable professional independence standards. Our policies address financial interests, business and family relationships, and non-audit services that may be thought to bear on independence. Also, if an immediate family member or close relative of a partner or professionai employee is employed by a client in a key position, the incident must be reported and resolved in accordance with firm policy. In addition, our policies restrict certain non-audit services that may be provided by Berger, Toombs, Elam, Gaines, and Frank and require audit clients to accept certain responsibilities in connection with the provision of permitted non-attest services.
The Audit Planning Process
Our audit approach places a strong emphasis on obtaining an understanding of how your organization functions. This enables us to identify key audit components and tailor our procedures to the unique aspects of your operations. The development of a specific audit plan will begin by meeting with you and with management to obtain an understanding of your organization's objectives, strategies, risks and performance.
As part of obtaining an understanding of your organization and its environment, we will obtain an understanding of internal control. We will use this understanding to identify risks of material misstatement, which will provide us with a basis for designing and implementing responses to the assessed risks of material misstatement. We will also obtain an understanding of the users of the financial statements in order to establish an overall materiality level for audit purposes. We will conduct formal discussions among engagement team members to consider how and where your financial statements might be susceptible to material misstatement due to fraud or error.
The Concept of Materiality in Planning and Executing the Audit
We apply the concept of materiality in both planning and performing the audit; evaluating the effect of identified misstatements on the audit and the effect of uncorrected misstatements, if any, on the financial statements; and forming the opinion in our report on the financial statements, and determining or reporting in accordance with Government Auditing Standards and other compliance reporting requirements. Our determination of materiality is a matter of professional judgment and is affected by our perception of the financial information needs of users of the financial statements. We establish performance materiality at an amount less than materiality for the financial statements as a whole to allow for the risk of misstatements that may not be detected by the audit. We use performance materiality for purposes of assessing the risks of material misstatement and determining the nature, timing and extent of further audit procedures.

�I Berger, Toombs, Elam,
...o,,  Gaines & Frank

Board of Supervisors
Narcoossee Community Development District March 30, 2018 
Page 3

The Concept of Materiality in Planning and Executing the Audit (Continued)

Our assessment of materiality throughout the audit will be based on both quantitative and qualitative considerations. Because of the interaction of quantitative and qualitative considerations, misstatements of a relatively small amount could have a material effect on the current financial statements as well as financial statements of future periods. We will accumulate misstatements identified du ring the audit, other than those that are clearly trivial. At the end of the audit, we will inform you of all individual uncorrected misstatements aggregated by us in connection with our evaluation of our audit test results.
Our Approach to Internal Control Relevant to the Audit

Our audit of the financial statements will include obtaining an understanding of internal control sufficient to plan the audit and determine the nature, timing and extent .of audit procedures to be performed. An audit is not designed to provide assurance on internal control or identify significant deficiencies or material weaknesses. Our review and understanding of the Districfs internal control is not undertaken for the purpose of expressing an opinion on the effectiveness of internal control.

We will  issue  a report on  internal  control  related to the  financial  statements.   This report describes the scope of testing of internal control and the results of our tests of internal control. Our report on internal control will include any significant deficiencies and material weaknesses in internal controls of which we become aware of as a result of our understanding and testing of internal controls consistent with the requirements of Government Auditing Standards issued by the Comptroller General of the United States.
Timing of the Audit
We have scheduled preliminary audit field work for March 201 8. Managemenfs adherence to its closing schedule and timely completion of information used by us in performance of the audit is essential to timely completion of the audit.
Closing
We will be pleased to respond to any questions you have about the foregoing. We appreciate the opportunity to continue to be of service to the District.

� Berger, Toombs, Elam,
...o,, Gaines & Frank

Board of Supervisors
Narcoossee Community Development District March 30, 2018 
Page 4

This communication is intended solely for the information and use of the Board of Supervisors and is not intended to be, and should not be, used by anyone other than this specified party.

oxJ� �· J1t�

2.M4tfi, JamiotJ rl�
BERGER, TOOMBS, ELAM , GAI NES & FRANK
J.W. GAINES, C PA

SECTION VI

RESOLUTION 2018-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT  APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2018/2019 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors ("Board") of the Narcoossee Community Development District ("District") prior to June 15, 2018, a proposed budget ("Proposed Budget") for the fiscal year beginning October 1, 2018 and ending September 30, 2019 ("Fiscal Year 2018/2019"); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2018/2019 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:
DATE :	 	
HOUR:
LOCATION :

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Orange County and the City of Orlando at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016,
Florida Statutes, the District's Secretary is further directed to post the approved Proposed Budget

on the District's website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.
PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability ofthe remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 5th DAY OF JUNE, 2018.

ATTEST:

Secretary

NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT

---	----------
Its:-	------------

Public Hearing on Proposed Budget Date/rime/Location Options:

Option 1

th, 2018

Monday, August 27
10:30 AM
Orange County Public Library - Southeast Branch 5575 S. Semoran Blvd., Orlando, FL 32822

Option 2
Tuesday, August 28 10:30 AM

th, 2018

Orange County Public Library - Southeast Branch 5575 S. Semoran Blvd., Orlando, FL 32822

Option 3
Tuesday, August 28
3:00 PM
GMS-CF Office

th, 2018

135 West Central Blvd., Suite 320, Orlando FL 32801

Option 4
Thursday 3:00 PM

, August 30th, 2018

Orange County Public Library - Southeast Branch 5575 S. Semoran Blvd., Orlando, FL 32822

•

£.·=·• ·V   •·=.·'>

Narcoossee Community Development District
Proposed Budget FY 201 9

-G·i_\h4,-.,.....

Oo	tat
•	•

Ta ble of Contents

1-2

3-9

10 

11 

12 

13 

14 

15 

16

17

18 

 	General Fund

 	General Fund Narrative

 	O&M Assessment Allocation Chart

 	Capital Reserve Fund - Nona Crest

 	Capital Reserve Fund - La Vina

 	Capital Reserve Fund - Nona Preserve

 	Capital Reserve Fund - Parcels G&H

 	Debt Service Fund

 	Debt Service Assessment Allocation Chart

 	Amortization Schedule - Series 2013 A- 1

 	Amortization Schedule - Series 2013 A-2

Description

Revenues
Maintenance Assessments Interest
Beginning Fund Balance*
ITotal Revenues Expenditures
Administrative Supervisor Fees FICA Expense Engineering Fees Assessment Roll Attorney
Annual Audit Dissemination Agent Arbitrage
Trustee Fees
Management Fees
Information Technology Telephone

Narcoossee
Communit� Develo�ment District
Proposed Budget General Fund Fiscal Year 2019

Adopted		Actual	Projected			Total	Proposed Budget			thru		Next	Projected		Budget FY2018	4/30/18	5 Months		9/30/18		FY2019

$297,263	$269,504	$27,759	$297,263	$297,263
$0	$163	$150	$313	$0
$16,322	$16,322	$0	$16,322	$23,972
$313,585	$285,990	$27,909	$313,899	$321,235

$6,000	$1,600	$3,000	$4,600	$6,000
$459	$122	$230	$352	$459
$9,000	$5,288	$4,800	$10,088	$10,000
$5,000	$5,000	$0	$5,000	$5,000
$18,000	$5,693	$9,000	$14,693	$17,000
$3,000	$0	$3,000	$3,000	$3,000
$1,250	$583	$417	$1,000	$1,250
$600	$600	$0	$600	$600
$2,700	$2,694	$0	$2,694	$2,750
$42,985	$25,075	$17,910	$42,985	$44,275
$1,700	$992	$283	$1,275	$1,700
$100	$13	$25	$38	$100

Postage

$450

$129	$450

Insurance Printing & Binding Legal Advertising

$21,651	$19,683	$0	$19,683	$21,651
$1,200	$184	$500	$684	$1,200

$355

$1,200	$0	$1,200	$1,200	$1,200

Other Current Charges

$220	$195	$160

$360

Property Appraiser Office Supplies
Dues, Licenses & Subscriptions Contin ency
Administrative Expenses

$780	$771	$0	$771	$780
$150	$74	$70	$144	$150
$175	$175	$0	$175	$175

$119,069	$68,828

$500	$523	$969
$41, 160	$109,987	$119,069

Description
Maintenance

Field Management	$4,043	$2,358	$1,685	$4,043	$4, 164	
Landscape Maintenance	$25,440	$11,923	$8,517	$20,440	$25,440	
Irrigation Repairs	$3,000	$200	$1,800	$2,000	$3,000	
Lake Maintenance	$4,300	$2,436	$1,740	$4,176	$4,300	
Feature Lighting	$750	$0		$375	$750	
Miscellaneous Common Area	$2,501	$2,000	$4,501	$5,262	
lrotal NonaCrest	$42,916	$19,418	$16,116	$35,534	$42,916	
La Vina
Field Management	$9,860		
$4;108	
$9,860	
$10,156	
Landscape Maintenance	$51, 100	$28,350	$20,250	$48,600	$51,100	
Irrigation Repairs	$4,000	$229	$2;000	$2,229	$4,000	
Lake Maintenance	$6, 180	$3,500	$2,500	$6,000	$6,180	
Utilities	$7,860	$4,543		$7,618	$7,860	
Wall Repairs/Cleaning	$6,000	$0	$3,0Ci0	$3,000	$6,000	
Salvino Streetlighting	$2,710	$1,550	$1,111 	$2,662	$2,710	
Capri Streetlighting	$3,850	$2,203	$1,580	$3,783	$3,850	
Miscellaneous Common Area	$1,845	$1,423	$400	$1,823	$1,549	
ITotal  La Vina .	$93,405	$47,551	$38,025	$85,575	$93,405	
Nona Preserve
Field Management	$4,333	
$2,527	
$1,805	
$4,333	
$4,463	
Landscape Maintenance	$29,400	$17,150	$12,250	$29,400	$29,400	
Irrigation Repairs	$2,200	$159	$1,000	$1,159	$2,200	
Lake Maintenance	$4,300	$2,450	$1,750	$4,200	$4,300	
Miscellaneous Common Area	$1, 640	$3,416	$0	3,416	$1,510	
otal Nona Preserve	$41,873	$25,702	$16,805	$42,507	$41,873	
Parcels G & H
Field Management	$0	
$0	
$0	
$0	

$0	
Landscape Maintenance	$0	$0	$0	$0	$0	
Lake Maintenance	$0	$0	$0	$0	$0	
Total Parcels G & H	$0	$0	$0	$0	$0	
IMaintenance   Expenses	$178, 194	$92,671	$70,946	$163,617	$178,194	
Transfer Out to Capital Reserves	$16,322	$0	$16,322	$i6,322	$23,973	
ITotal   Expenses	$313,585	$161 ,498	. $128,428	$289,926	$321,235	
Excess  Revenues *	$0	
$124,492	
$100,519	
$23,972	
($0	

NonaCrest

Narcoossee
Commun ity Develo�ment District
Proposed Budget General Fund Fiscal Year 2019

Adopted		Actual	Projected Budget			thru		Next FY2018	4/30/18	S Months

Total Projected 9/30/18

Proposed Budget FY2019

$5,383

$375

$5,752

$3,075

I

* - Reduced  for  First  Quarter Operating - $74,300		Net Assessments Add : Discounts & Collections
Gross Assessments

2

$297,263
$18,974
$316,237

Narcoossee
Community Development District
General Fund Budget Fiscal Year 2019

REVENUES:
Maintenance Assessments
The District will levy a non-ad valorem special assessment on all taxable property within the District, to fu nd all General Operating and Maintenance Expenditures for the fiscal year.
Beginni ng Fund Balance
Represents the total funds estimated to be available at the beginning of the fiscal year.

EXPENDITURES:
Administrative:
Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount is based upon 5 Supervisors attending 6 Board Meetings during the fiscal year.
FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.
Engineering Fees
The District's engineer, Dewberry, will be providing general engineering services to the District, i.e., attendance and preparation for monthly Boa.rd meetings, review invoices, etc.
Assessment Roll
Expenses related to administering the annual assessments on the tax roll with the Orange County Tax Collector.
Attorney
The District's legal counsel, Hopping, Green & Sams, will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, agreernents, resolutions, etc.

3

Narcoossee
Community Development District
General Fund Budget Fiscal Year 2019

Annual Audit
The District is required annually to conduct an audit of its fi nancial records by an Independent Certified Public Accounting Firm. The District has contracted with Berger, Toombs, Elam, Gaines, & Fra nk to provide this service. ·
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c) (2)-12(b) (5), which relates to additional reporting requi rements for un- rated bond issues. The District has contracted with Governmental Management Services - Central Florida LLC, the District's bond underwriter, to provide this service.

Arbitrage
The District is required to annually have an a rbitrage rebate calculation on the District's Series 2013A- 1 & 2013 A-2 Special Assessment Revenue Bonds. The District hired Grau & Associ.ates to calculate the rebate liability and submit a report to the District.

Trustee Fees
The District issued Series 2013A- 1 & 201 3A-2 Special Assessment Refunding Bonds, which a re held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Mana ement Fees
The District receives Management, Accounting and Ad ministrative services as part of a Management Agreement with Governmental Management Services - Central · Florida, LLC. These services include, but are not limited to, advertising, record ing and transcribing of Board Meetings, administrative services, budget preparation, financial reporting, and assisting with annual audits.

Information Technology
The District incurs costs related to accounting and information systems, District's website creation and maintenance, electronic complia nce with Florida Statutes and other electronic data requi rements .

Telephone
Telephone and fax machine.

4

Narcoossee
Community Development District
General Fund Budget Fiscal Year 2019

Postage
Mailing of agenda packages, overnight deliveries, checks for vendors and any other required correspondence, etc.
Insurance
The District's general liability, public officials liability and property insurance coverages is provided by Florida Insurance Alliance (FIA) . FIA specializes in providing insurance coverage to governmental agencies.
Printing & Binding
Printing  and  binding agenda  packages  for board meetings,	printing of computerized checks, stationary, envelopes etc.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, and any services that a re req ui red to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required .
Other Current Charges
Includes bank charges and any other miscellaneous expenses that a re incurred during the year.
Property Appraiser
Represent the Fiscal Year 18 fees to be paid to the Orange County Property Appraiser for annual assessment roll administration .
Office Supplies
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, fi le folders, binders, pens, paper clips, and other such office supplies.
Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.
Contingency
Represents any other miscellaneous charges that the District may incur.

5

Narcoossee
Community Development District
General Fund Budget Fiscal Year 2019

Maintenance:

NonaCrest

Field Management
The	District currently	has  a	contract  with	Governmental	Management Services - Central Florida, LLC. to provide field management services.
Landscape Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting ann_uals.

Vendor: Down To Earth, Inc.
o	Landscape Maintenance: Contract Cost of $1,704 monthly
o	Replacement Plants
o	Total Costs

Irrigation Repairs

Annual Costs
$20,440
$5, 000
$25,440

Irrigation maintenance expenditures that may occur during the fiscal year.
Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee CDD. These services include monthly inspections and treatment of aquatic weeds ahd algae, herbiciding, and algae control and removal. 

Vendor: Applied Aquatic Management, Inc.
Landscape Maintenance: Contract Cost of $348 monthly
Contingency
Total Costs

Feature Lighting
Replacement and repair of up light fixtures.
Miscellaneous Common Area

Annual Costs
$4,1 76
$124
$4,300

Miscellaneous common	area	maintenance expenditures that may occur during the fiscal year.

6

Narcoossee
Community Development District General Fund Budget
Fisca l Year 2019

LaVina
Field Management
The	District currently	has	a	contract with	Governmental	Management Services - Central Florida, LLC. to provide field management services.
Landsca e Maintenance
The District currently has a contract with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer, and planting annuals.

Vendor: Down To Earth, Inc.
o	Landscape Maintenance: Contract Cost of $4, 050 monthly
Replacement Plants
Total Costs

Irrigation Repai rs

Annual Costs
$48, 600
$2,500
$51, 100

Irrigation maintenance expenditures that may occur during the fiscal year.
Lake Maintenance
The District currently has a contract with Applied Aquatic Management, Inc., which provide Lake Maintenance to all the lakes inside Narcoossee COD. These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and . algae control and removal. The amount also includes unscheduled maintenance.

Vendor: Applied Aquatic Management, Inc.
Landscape Maintenance: Contract Cost of $500 month
Contingency
o	Total Costs
Utilities

Annual Costs
$6, 000
$180
$6,180

The	District	has	electrical	and	water	accounts	with	Orlando	Utilities Commission for the areas maintained by the District.

Vendor: Orlando Utilities Commission
o	Reclaimed Water - $640/month
o	Electric - $1 5/month
o	Total Costs

Annual Costs
$7,680
$180
$7,860

7

Narcoossee
Community Development District
General Fund Budget Fiscal Year 2019

Wall Repai rs/Cleaning
Funding for cleaning or needed repai rs of La Vina District wall. 
Solvino Streetlighting
The District funds the streetlights within the Salvino community.

Vendor: Orlando Utilities Commission
o	Electric - $225/month

Capri Streetlighting
The District fu nds the streetlights within the Capri community.
Vendor: Orlando Utilities Commission
o	Electric - $320/month

Miscellaneous Common Area Maintenance

Annual Costs
$2,71.0 

Annual Costs
$3,850

Miscellaneous  common	area maintenance expenditures that may  occur during the fiscal year;
Nona Preserve Field Management
The	District   currently	has   a	contract   with	Governmental	Management
Services - Central Florida, LLC. to provide field management services.
Landsca e Maintenance
The District currently has a contract · with Down to Earth, Inc. to provide Landscape Maintenance. These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying ferti lizer, and planting annuals.

Vendor: Down To Earth, Inc.
o	Landscape Maintenance: Contract Cost of $2,450 monthly

Irrigation Repairs

Annual Costs
$29,400

Irrigation maintenance expenditures that may occur during the fiscal yea r.

8

Narcoossee
Commun ity Development District General Fund Budget
Fiscal Year 2019

Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal. 

Vendor: Applied Aquatic Management, Inc.
Costs
Landscape Maintenance: Contract Cost of $350 monthly
Contingency
o	Total Costs
Miscellaneous Common Area Maintenance

Annual
$4,200
$1 00
$4,300

Miscellaneous common	a rea	maintenance expenditures that may  occur du ring the fiscal year.
Parcel G & H {No activity projected in FY19) Field Mana ement
The	District  currently	has	a	contract   with	Governmental	Management
Services - Central Florida, LLC. to provide field management services.
La ndsca e Maintenance
These services include mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertil izer, and planting annuals. (Estimated no activity for FY 2019)
Lake Maintenance
These services include monthly inspections and treatment of aquatic weeds and algae, herbiciding, and algae control and removal. (Estimated no activity for FY 2019)
Transfer Out - Ca ital Reserve Fund
Represents p rojected excess fu nds above operating capital requirements in the General Fund.

9

Subdivision	Track

NonaCrest	C	SF50
D	SF70
LaVina
rabella	A	SF50

Narcoossee
Communit v Develol!ment District Maintenance Assessment calculation Fiscal Year 2019

Annual Gross Proposed Gross Street Lighting Maintenance	Maintenance.	Supplement
Units	Per Unit FY17    Per Unit FYl8	Assessment

N/A

159	$276.94	$276.94	N/A
110	$276.94	$276.94
269

N/A

107	$473.15	$473.15	N/A

Total Adopted Gross
Maintenance	Increase
Per Unit FY18	{Decrease)	O&M

$276.94	$0.00	$44,034
$276.94	$0.00	$30,464

$473.15	($0.00)	$50,627

Mi
Zlani	B	SF75
Capri	E	SF50

66	$473.15	$473.15
48	$558.17	$473.15	$85.02

$473.15	($0.00)	$31,228
$558.17	($0.00)	$26,805

Solvino	F	SF50

Lake Nona Preserve	K	Multi

 		50		$530.60	$473.15	$57.45 271
228	$254.88	$254.88	N/A

$530.60	($0.00)	$26,542

$254.88	$0.00	$58,113

G	Comm/Office
G	Multi Family

130704	$0. 11	$0.11
370	$68.05	$68.06

N/A

$0.11	$0.00	$15,012

N/A

$68.06	$0.00	$25,181

Total Gross Assessments

H	Comm/Office

69000	$0.12	$0.12	N/A

10 

$0.12	$0.00	$8,232

$316,237

Narcoossee
Commun itv DeveloQment District
Proposed Budget
Capital Reserve Fund - Nona Crest Fiscal Year 2019

Description

Revenues
Transfer In

Adopted		Actual	Projected Budget			thru		Next FY2018	4/30/18	5 Months

$5

$3,001	$0	$0

Total	Proposed
Projected	Budg�t
9/30/ 18	FY2019

$11,654

Interest

$0	$2

$7	$0

Carry Forward Surplus
ITotal Revenues . Expenditures
Repairs & Maintenance
ITotal Expenditures

Excess Revenues

$92,340	$92,340	$0

$95,341

$92,345	$2

$0	$0	$5,440
$0	$0	$0

$95,341	$92,345	$2

11 

$92,340	$86,907
$92,347	$98,s61 1

$5,440

$5,440	$0
$0 I

$86,907	$98 561

Narcoossee
Commun ity: Develo�ment District
Proposed Budget Capital Reserve Fund - La Vina
Fiscal Year 2019

Description

Revenues
Transfer In Interest
Carry Forward Surplus

Adopted		Actual	Projected Budget			thru		Next FY2018	4/30/18	5 Months

$1 1,853	$0	$0
$0	$6	$2
$84,827	$99,830	$0

Total	Proposed
Projected	Budget
9/30/18	FY2019

$0	$14, 192
$8	$0
$99,830

ITotal Revenues	$96,680	$99,835	$2	$99,837	$93,110 1	
Expenditures
Fountain	
$0	
$0	
$0	
$0	
$0	
Dowden Median Improvements
Repair & Maintenance	$50,000
$0	$0	$20,320
$0	$20,320
$0	$50,000
$0	
ITotal Expenditures	$50,000	$0	$20,320	$20,320	$so,ooo 1	

Excess Revenues	$46,680	$99,835	($20,318)	$79,517	$43,710	

12 

Narcoossee
Communiti Develo�ment District
Proposed Budget
Capital Reserve Fund - Nona Preserve Fiscal Year 2019

Description

Revenues
Transfer In Interest
Carry Forward Surplus
ITotal Revenues Expenditures

Adopted		Actual	Projected Budget			thru		Next FY2018	4/30/18	5 Months

$0	$0	$0

$37,937

$0	$2	$1 
$0
$37,851

Total	Proposed
Projected	Budget
9/30/18	FY2019

$0	$2,058
$3	$0
$34,580
$37,940	$36,638 1

Capital Projects Bank Fees
Wall Repair

$0	$0
$0	$0
$0	$0

$3,360	$0
$0	$0	$0
$0	$0	$0

ITotal Expenditures

$0	$0	$3,360

$3,360	$0 I

Excess Revenues

$37,851

$3,359)

$34,580

13 

Narcoossee
Communiti Develo�ment District
Proposed Budget
Capital Reserve Fund - Parcels G&H Fiscal Year 2019

Descri ption

Revenues
Transfer In Interest
Carry Forward Balance
ITotal Revenues Ex enditures
Bank Fees
ITotal Expenditures

Excess Revenues

Adopted		Actual	Projected Budget			thru		Next FY2018	4/30/18	5 Months

$1,468	$0	$0
$0	$5	$2
$78,730	$78,730	$0
$80,198	$78,734	$2

$0	$0	$0
$0	$0	$0

$80,198	$78,734	$2

14

Total	Proposed Projected		Budget
9/30/18	FY2019

$0	$4,903

$78,730

$0
$78,736
$78,736	$83,639 1

$0	$0
$0	$0 I

$78,736	$83,639

Narcoossee
Community : Develo�ment District
Proposed Budget Debt Service Fund Fiscal Year 2019

Adopted	Actual	Projected		Total	Proposed Budget		thru		Next	Projected		Budget
Description	FY2018	4/30/18	5 .Months	9/30/ 18	FY2019

Revenues
Assessments - Tax Ro.II	$317,131	$287,541	$29,590	$317,131	$317, 131
Interest Income	$100	$1,800	$3,519	$1,000
Carry Forward Surplus	$144,621	$144,712	$0	$144,712	$154,401
ITotal  Revenues	$461,852	$433,972	$31;390	$465,362	$472,532 1
Expenditures

SInetreireesst2-01113/A1-1

$46,140	$0	$46,140	$44,703

Principal - 5/1	$115,000	$0	$115,000	$115,000	$120,000
Interest - 5/1	$46,140	$0	$46,140	$46,140	$44,703

SIneterlreesst2-01113/A1-2
Principal - 5/1	$45,000

$29,341	$0
$45,000	$45,000

$28,188

Interest - 5/1	$0	$29,341	$28,188
ITotal   Expenditures	$310,961	$75,481	$235,481	$310,961	$310;7so 1
<1> Excess Revenues	$150,890	$358,492	$204,091	$154,401	$161,752
Series 2013A-1	Nov 1, 2019	$43,053
Series 2013A-2	Nov 1, 2019
Net Assessments	$317,131

$337,373

Add: Discounts &. Collections 	$20,242 
Gross Assessments

Excess Revenues will be utilized to pay November 1 semi-annual interest payment.

15 

Narcoossee
Communit y Development District Debt Assessment Calculation Fiscal Year 2019

Subdlvlslc,n
NonaCrest

LaVina

Track	Units
C	SF50	158
SF70	110
A	SF50	107
SF75	65

Proposed FY2019
Annual Gross Debt Per Unit
$301.13
$481.81

$301.13
$566.13 

Total Debt
$47,579
$52,999

$32,221
$36,798

SF50	48
F	SF50	50

$301.13
$301 .13

$14,454
$15,057

Lake Nona Preserve

K	Multi	228
G	Comm/Office	130704
G	Multi Family	370
Comm/Office	69000

$240.91
$0.20
$117 .29
$0.20

$54,927

$43,397

$26,141
$13,800

Total Gross Assessment

$337,373

16 

Narcoossee
Community Development District
Debt  Service  Fund  -  Series  20 1 3A.;. 1 Amortization Schedule 

Date	Series 2013A- 1 Principal	Interest	Fiscal Total	
1 1/1/18		$44,702 .50	$205,842.50 	
5/ 1/19	$120,000.00	$44,702.50	
11/1/19 		$43,052 .50	$207,755.00	
5/ 1/20	$125,000.00	$43,052 .50 	
1 1/1/20		$41 ,177.50	$209,230 .00	
5/ 1/21	$125,000 .00	$41, 177.50	
1 1/1/21		$39, 146.25	$205, 323 .75 	
 	5/ 1/22	$130,000.00	$39, 146;25		
1 1/1/22		$36,871. 25	$206,017. 50	
5/1/23	$135,000 .00	$36,871. 25	
1 1/1/23		$34,373.75	$206,245 .00	
5/1/24	$140,000.00	$34,373 .75 	
1 1/1/24		$31,748 .75	$206, 122.50	
5/ 1/25	$145,000.00	$3 1 ,748.75 	
1 1/ 1/25		$28,921.25	$205,670 .00	
5/ 1/26	$150,000.00	$28,921. 25	
1 1/1/26		$25,921.25	$204,842 . 50	
5/1/27	$160,000 .00	$25,921.25 	
1 1/1/27		$22,721.25	$208,642 .50	
5/ 1/28	$165,000.00	$22,721.25	
1 1/1/28		$ 19,297 .50	$207,018.75 	
5/ 1/29	$170,000 .00	$19,297 .50	
1 1/1/29		$15, 770 .00	$205,067.50 	
5/ 1/30	$180,000 .00	$15, 770 .00	
1 1/ 1/30		$12,035.00	$207,805 .00	
5/ 1/31	$185,000.00	$12,035 .00		
1 1/1/31		$8, 196.25	$205, 231.25	
5/ 1/32	$195,000.00	$8, 196.25	
1 1/ 1/32		$4, 150.00	$207,346 .25	
5/ 1/33	$200,000.00	$4, 150.00	$204, 150.00	
I	I $2, 325,000 .00 I	$8 16,170.00 I $3,302,310.00 I

17 

Narcoossee
Community  Development  District
Debt Service Fund - Series 20 1 3A-2 Amortization Schedule

Date
1 1/ 1/18 	Principal	Interest
$28, 187. 50 	Total
$102, 528. 13 	
5/1/ 19	$45,000 .00	$28, 187.50 		
1 1/1/19 		$27,034.38 	$100,221.88	
5/1/20	$50,000.00	$27,034. 38		
1 1/1/20 		$25,753.13 	$102,787. 51 	
5/1/2 1	$50,000.00	$25,753. 13 	
1 1/1/21	$24,471. 88	$100, 225.01 	
5/1/22	$55,000.00	$24,471. 88		
1 1/1/22		$23,062.50 	$102,534. 38	
5/1/23	$55,000.00	$23,062.50		
1 1/1/23		$21,515.63 	$99,578.13 	
5/1/24	$60,000.00	$21;515.63		
1 1/1/24		$19,828.13 	$101,343.76	
5/1/25	$60, 000 .00	$19,828.13 		
1 1/1/25		$18, 140. 63	$97,968.76	
5/ 1/26	$65,000 .00	$18, 140.63		
1 1/ 1/26		$16,312.50	$99,453. 13 	
5/ 1/27	$70,000 .00	$16,312.50		
1 1/1/27		$14,343.75 	$100,656.25	
5/1/28	$75,000 .00	$14, 343 .75 		
1 1/1/28		$12,234;38	$101,578. 13 	
5/1/29	$80, 000 .00	$12,234. 38		
1 1/1/29		$9 ,984 . 38	$ 102,218.76	
5/ 1/30	$85,000.00	$9,984.38		
1 1/1/30		$7,593.75 	$ 102,578.13 	
5/ 1/31 	$85,000 .00	$7, 593 . 75		
1 1/1/31		$5,203 .13	$97,796.88	
5/1/32	$90,000 .00	$5,203 .13		
1 1/1/32		$2,671 .88	$97,875 .01 	
5/ 1/33	$95,000. 00	$2,671. 88	$97,671. 88	

Series 2013A-2	Fiscal

I	I $1 ,020,000 .00 I	$s 12,675 . 10 I $1 ,607,01s. 73 I
18 

SECTION VII

RESOLUTION 2018-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT IMPLEMENTING SECTION 190.006(3), FLORIDA STATUTES, AND REQUESTING THAT THE ORANGE COUNTY SUPERVISOR OF ELECTIONS BEGIN CONDUCTING THE DISTRICT'S GENERAL ELECTIONS; PROVIDING FOR COMPENSATION; SETTING FORTH THE TERMS OF OFFICE; AUTHORIZING NOTICE OF THE QUALIFYING PERIOD; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.
WHEREAS, the Narcoossee Community Development District ("District") is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Orlando, Florida; and
WHEREAS, the Board of Supervisors of the District ("Board") seeks to implement Section 1 90.006(3), Florida Statutes, and to instruct the Orange County Supervisor of Elections ("Supervisor") to conduct the District's elections by the qualified electors of the District at the general election ("General Election").
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT:
GENERAL ELECTION SEATS. Seat 3, currently held by James Gregoire and Seat 5, currently vacant are scheduled for the General Election beginning in November 201 8. The District Manager is hereby authorized to notify the Supervisor of Elections as to what seats are subj ect to General Election for the current election year, and for each subsequent election year.

QUALIFICATION PROCESS. For each General Election, all candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a qualified elector ofthe District A qualified elector is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Orange County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.
COMPENSATION. Members ofthe Board receive $200 per meeting for their attendance and no Board member shall receive more than $4,800 per year.
TERM OF OFFICE. The term of office for the individuals to be elected to the Board in the General Election is four years. The newly elected Board members shall assume office on the second Tuesday following the election.

REQUEST TO SUPERVISOR OF ELECTIONS. The District hereby requests the Supervisor to conduct the District's General Election in November 2018. The District understands that it will be responsible to pay for its proportionate share ofthe General Election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor.
PUBLICATION. The District Manager is directed to publish a notice of the qualifying period for each General Election, in a form substantially similar to Exhibit A attached hereto.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions ofthis Resolution, or any part thereof.

passage.

EFFECTIVE    DATE.	This Resolution shall become effective upon its

PASSED AND ADOPTED this 5th day of June, 20 18.
NARCOOSSEE
COMMUNITY DEVELOPMENT DISTRICT

ATTEST:

SECRETARY/ASSISTANT SECRETARY

CHAIRPERSONNICE CHAIRPERSON

EXHIBIT A
NOTICE OF QUALIFYING PERIOD FOR CANDIDATE S FOR THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT
Notice is hereby given that the qualifying period for candidates for the office of Supervisor of the Narcoossee Community Development District will commence at noon on June 18, 2018, and close at noon on June 22, 2018. Candidates must qualify for the office of Supervisor with the Orange County Supervisor of Elections located at 11 9West Kaley Street, Orlando, Florida 32806. All candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a "qualified elector" of the District, as defined in Section 1 90.003, Florida Statutes. A "qualified elector" is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Orange County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 1 06, Florida Statutes.
The Narcoossee Community Development District has two seats up for election, specifically seats 3 and 5. Each seat carries a four-year term of office. E lections are nonpartisan and will be held at the same time as the general election on November 6, 2018, and in the manner prescribed by law for general elections.
For additional information, please contact the Orange County Supervisor of Elections.

!Publish on or before June 4, 2018.

SECTION VI11

SECTION B

SECTION 1

From: Urchuk, Michael
Sent: Thursday, May 17, 2018 10:41 AM To: Malave, Rey <rmalave@Dewberry.com> Subject: Narcoossee CDD Fence

Rey,

Here is a b rea kdown of the costs from Barfield Fence and Seminole Masonry. Pond 1:

Fencing:

Columns:

Pond 2: Fencing:

Columns:

Pond 3 : Fe ncing:

Columns: Pond 4: Fencing:

Columns:

Pricing: Fencing:

Columns:

102' of 6' high welded Fence
30' of 6" high welded sloped fence 3 brick columns

104' of 6' high welded Fence
30' of 6" high welded sloped fence 4 brick columns

60' of 6' high welded Fence
30' of 6" high welded sloped fence 4 brick columns

110' of 6' high welded Fence
30' of 6" high welded sloped fence 4 brick columns

$25,926.00
376' of 6' high welded Fence
120' of 6" high welded sloped fence

$28,500.00

15 brick columns

Total:	$54,426.00

Dewberry

Michael Urchuk, RLA Senior Landscape Architect
800 North Magnolia Ave., Suite 1 000
Orlando, FL 32803 407.843.5120  office
321 .354.9744 direct
407.649.8664 fax
www.dewberry.com

SECTION C

SECTION 1

Narcoossee
Community Development District
Summary of Check Register
January 16, 2018 to March 18, 2018

	Fund	Date	Check No.'s	Amount	
General Fund		3/ 20/18 	1698	$	9,315.42	
		4/4/18	1699-1702	$	11,918.11	
		4/5/18	1703	$	5,406.45	
		4/12/ 18	1704	$	1,198.00	
		4/17/ 18	1705-1706	$	14,648.49	
		4/ 25/18	1707-1708	$	1,350.00	
		5/2/18	1709	$	1,952.30	

5/9/18	1710

$	5,347.94

$	s1,n6.n 1

NARCOOSSEE-GENERAL FUND

A*P*3* 0C0RHECK  DATES  03/19/2018  -  05/11/20 1Y8EA*R* -*TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	5/13/18	PAGE	1
BANK  A NARCOOSSEE-GENERAL

CHDEACTEK    VEND#	. . D. A. T. EINVOIINCEVO. I. C. E. .   . Y. R• MEOXPEDNPSETDATCOCT. #. . SUB	SUBCLASS  VENDOR  NAME 3/20/18  00034		3/19/18   0F3 Y1 9128 0D1E8BT2 0A1 S8M0N3 T-3D0 S0 -20 17300-10500 

STATUS
*

AMOUNT
9,315. 42

A• M. O. U. CNHTECK. . #• . . 

12/05/17  5 I7R6 R8 2IG  RPRS   11 /1  &   1 1 / 1 7

4/04/18 00069	12/05/17 57681 

NARCOOSSEE CDD C/0 US BANK

*	-  - - -  -  -  - - -  -  -9 -, 3 -1 5-.4 2-

001698 

4/04/18 00072 

4/04/18 00005 

2 01 7	330 - 5 3800-46400 

201801 320-53800-46400 

2/28/18  5 8IR5 R3 I7G  RPR2S0 /1I7N1S1P3 21 01 -/ 1573/8 10 70-46400 IRRIG  RPRS /INSPEC  1/16/18 
2/28/18  5 I8R5R3 I7AG  RPR2S0 /1 I8N0S2PE3C202-/523 80 0/01 -8 46400 
2/28/18 58540	201801 340-53800-46400 
NNA PRSRV IRRIG RPRS 1/16 
2/28/18 58544	201801 330-53800-46400 
3/10/18  5L8A6 0V8 INA  2IR0R1 8IG03RP3R3 S0 -l /5 13 28 0/ 01 8-46200 
3/ 10/18   5L8A6 1V8 INA-L2 N0 D1 8SC0P3  M3N2T0--M5A3R8 0108-46200 
3/10/18  5N8N6A19 CRST-2L0N1 8D0S3CP3M4N0T--5M3A8R0 01 -8 46200 
NNA PRSV-LNDSCP MNT-MAR18	DOWN TO EARTH LAWNCARE II, INC 3/09/18  1G5E2N5 5. E6N8G . -2 C0O1 O8 R02D/F3E1N0C-E51300-31100 
- -  -  -  -  - -  - - -  -  - -  -  -  -  -  -DE-WBERRY  ENGINEERS  INC . 3/28/18  9L9N3 8D6SCP/MO2N0 1L8E0G2 IS3 /1C0A-P5I1T3O0L0-31500 
- -  -  - - - - - -  -  -  -  - - - -  -  -HO-PPING  GREEN  &  SAMS

124 . 77
*	54 . 88
*	62 .3 6
*	55 .01 
*	19 . 19
*	30 . 82
*	4, 050 . 00
*	1,7 03 .3 3
*	2 , 450 . 00 
- -  -  - - - -  -  -  - -8 -, 5-5 0-.3 -6  001699 
*	450. 00

*

-  -  - - -  -  - -  -  - - -4-50 -.0 -0  001700 
224 .0 0
*	- -  -  - -  -  -  -  - - - -2 -24-. 00- 001701 

4/04/18 00053 

4/05/18 00043 

3/23/18  4T9R4U4 S4T6E8E  F2 E0 E1 S8 0M3AR3 18--F5E1B3 01 90-32300 
- - - - - - - - - - - - - - - - - -U-S BANK 4/02/18  3M0A6NAGEMEN2T01F8E0E4 S 3A1 P0R-5181300-34000 
4/02/18   3I0N6FO  TECH2N0O1L8O0G4Y3A1P0R- 51 81300- 35100 
4/02/18  3D0I6SSEMINA2 T0 I1O8N04FE3E1 0A-P5R1 31 800-3 1300 
4/02/18  3O0F6 FICE  SU2 P0P1L8 0IE4 S 310-513 00-5 1000 

2,6 93 . 75

*	3,582. 08
*	141 . 67
*	83 .3 3
*	20.09

2, 693 . 75 001702 

4/02/18  3P0O6 STAGE

201804 310-51300-42000	*
NARC -NARCOOSSEE -	BPEREGRINO

1. 41 

AP3 00R	PAGE

*** 

YEAR- TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER CHECK REGISTER	RUN	5/13/18	2
CHECK DATES  03/19/2018 - 05/11/2018 ***	NARCOOSSEE-GENERAL FUND
BANK  A  NARCOOSSEE-GENERAL

CHDEACTEK    VEND#	• . D. A. T. EINVOINCEVO• I. C• E• •   . Y• R. MEXOPENDPSTEDATCOCT. #. . SUB	SUBCLASS  VENDOR  NAME 4/02/18 306	201804 310-51300-42500 

STATUS
*

AMOUNT
35 . 70

A. M• O. U• CNHTECK . . #. . . 

*

4/02/18   3 C0 O6 PIES

201804 310-51300-55000 

*	22.50

4/12/18 00022 

MEETING ROOM RENTAL

FIELD MANAGEMENT APR18

4/02/18 3 0 7	2 0 1 804 330-5 3 00-12000 

*

4/02/18 307	201804 34 0-53 800-12000 
4/02/18   3F0I7ELD  MAN2A0G1E8M0 4ENT3 2A0-PR5 31 800- 12000	*
FIELD MANAGEMENT APR18	GOVERNMENTAL MANAGEMENT SERVICES
3/31/18 168553	2018 03 330-53800-46300	*
3/31/18   1L6A8 5V5I4NA-A2Q0U1A8T03MG3M2T0 -M5A3R8 1080-46300	*

*

NNA CRST-AQUAT MGMT MAR1 8 3/31/18 168556	20 1803 340-53800-46300 

821 . 69
361. 07
336 .9 1

500 .00
348 .00
350 . 00

5, 406 .45 001703 

4/17/18 00034 

4/17/18 00069 

4/25/18 00072 

4/25/18 00045 

5/02/18 00005 

NNA  PRSV-AQUAT MGMT MAR18	APPLIED AQUATIC MANAGEMENT , INC .

ORANGE CTY ASMNT D S 2 0 1 3

4/13/18 0 4 132018 2 0 1 8 0 4 300 - 20700-10500 
NARCOOSSEE CDD C/0 US BANK 4/10/18   5L9A0 0V8 INA-L2 N0 D1 S8C0P4  MN3 3T0-A5P3R8 01 80-46200 

NNA  CRST-LNDSCP  MNT-APR1 8 

4/ 10/18 59018	2 01 8 0 4 320 - 5 380 0- 46200 

NNA  PRSV-LNDSCP  MNT-APR1 8

4/10/18 59019	2 0 1 804 3 4 0- 5 380 0- 46200 
DOWN TO EARTH LAWNCARE II, INC 4/18/18 1536848	2018 03 310-51300-3 1100 
GEN . ENG . -QUOTES /AGENDA	DEWBERRY ENGINEERS INC .
4/17/18   1A6R6 B7 I6TRAGE2 -0S1E8R0 4.2 03 1 30-F5Y1 31 800-3 1700 
- - - -  -  - -  - - -  -  -  -  -  - - - -GR-AU  &  ASSOCIATES 4/25/18   9N9O8T7 4. QUAL2. P0E1R8/0A3RE3A1 0S-I5G1N3A0G0E-3 1500 
4/25/18 99875	201 803 31 0-5 1300-3 1500 
MONTHLY MEETING MAR18	HOPPING GREEN & SAMS
NARC -NARCOOSSEE -	BPEREGRINO

-  -  - - -  -  - -  -  - - 1 -, 1-98-. 0-0   001704 
*	6,445. 16
-  -  - - -  -  - -  -  - -6 -, 4-45-. 1-6   001705 
*	4, 050 . 00
*	1, 703 . 33
*	2,4 50 .00
-  -  -  - -  -  -  - -  - -8 -, 2 0-3 -. 3 -3   001706 
*	750 .00
750. 00 001707 
*	600 . 00
600.00 001708 
*	230 . 50
*	1,7 21.8 0
1,952 .3 0 001709 

A*P* 3* 0C0RHECK  DATES  03/19/2018   -   05/11/20 1Y8EA* R* -*TO-DATENAARCCOONSSTESEP-AGYEANBELRAELPRFEUPNAD ID/COMPUTER  CHECK  REGISTER
BANK A NARCOOSSEE-GENERAL

RUN	5/13/18 

PAGE	3

DATE	DATE	INVOICE

CHECK  VEND#	. • • . . INVOICE . . . • • • • . EXPENSED TO • . . 
YRMO DPT ACCT# SUB

SUBCLASS VENDOR NAME	STATUS

AMOUNT

A. M• O• U• NCTHECK • . #• • .•

5/09/18 00043 

5/01/18 308	2018 05 310-513 00-3 4000 

MANAGEMENT FEES MAY 1 8

INFO  TECH2N0O1L8O0G5Y3M1A0Y-1581300-31300 

5/01/18 308	2 0 1 805 3 10-5 1300-35 100 
5/01/18   3D0 8ISSEMINATION  FEE  MAY 18 
5/01/18   3O0 F8 FICE  SU2 P0P1 L8 0IE5S310-51300-51000 

*	3, 582. 08
*	141 . 67
*	83 .33
*	1. 23
*

5/01/18   3P0O8 STAGE
5/01/18   3C0O8 PIES

201805 31 0-51300-42 000 
201805 310-513 00-42500 

13 . 06
*	6.9 0

5/01/18 309	*

*

5/01/18   3F0I9ELD  MAN2A0G1E8M0E5NT3 3M0A-Y5 13 8 00-12000 

FIELD MANAGEMENT MAY1 

201805 340-53800-12 000 

5/01/18 309

2 0 1 8 05 3 2 0-5 3 800-12 000	*
FIELD MANAGEMENT MAY18	GOVERNMENTAL MANAGEMENT SERVICES
TOTAL FOR BANK A TOTAL FOR REGISTER

NARC -NARCOOSSEE -	BPEREGRINO

82 1. 69
36 1. 07
336.9 1

51, 136 .71 
51 ,136 .7 1

5,347 . 94 001710 

SECTION 2

•	•	•	•	•	•	•	•	•	•	•	•

I (· ,-

,......1.· .. . . . •' .. :
Narcoossee
Commu nity Development District

Unaudited Financial Reporting April 30, 2018

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

1	Balance Sheet

2-3	General Fund

Debt Service Fund

Capital Reserves Fund - Nona Preserve

Capital Reserve Fund - Parcels G&H

Capital Reserves Fund - Nona Crest

Capital Reserve Fund - La Vina

9-10	Month to Month

Long-Term Debt

Assessment  Receipt Schedule

Assets:
Cash
Cash-Nona Preserve Cash-Parcels G & H Cash-Nona Crest Cash-La Vina
Custody-Excess Funds
Series 2013A-1LA-2
Reserve A-1 Revenue Reserve A-2 Prepayment Excess Revenue
Due from General Fund
Total Assets

Liabilities:
Accounts Payable

Fund Balances:
Restricted for Debt Service
Assigned for Capital Projects - Nona Preserve Assigned for Capital Projects - GH 
Assigned for Capital Projects - Nona Crest Assigned for Capital Projects - La Vina
Unassigned
Total Liabilities and Fund Equity & Other Credits

Narcoossee
Community Development District Combined Balance Sheet
For the Period Ended April 30, 2018
Governmental Fund Types
Debt
General	 	Service	
$193,654	---
---	---
---	---
---	---
---	---
$26,188	---
---	$104,615

---	$51,394	---	$51,394	
---	$283	---	$283	

---	$358,208

---	---
---	---
$219,843	$514,501

$3,178	---

---	$514,501
---	---
---	---
---	---
---	---
$216,665	---
$219,843	$514,501

Totals
Capital	(Memorandum Only)
 	Projects		2018

$37,939

---	$193,654
$37,939
$78,734	$78,734
$92,345	$92,345
$99,835	$99,835
---	$26,188
---	$104,615
---	$358,208

---	$0
---	$0
$308,854	$1,043,197

---	$3,178

$37,939

---	$514,501

$78,734

$37,939
$78,734
$92,345	$92,345
$99,835	$99,835
---	$216,665
$308,854	$1,043,197

Narcoossee
Community Development District
General Fund
Statement of Revenues & Expenditures For the Period Ended April 30, 2018
Adopted	Prorated Budget

Revenues:		
Maintenance Assessments I nterest	$297,263
$0	$297,263
$0	$2G9,504
$163	$163	
Total Revenues	$297,263	$297,263	$269,667	($27,596)1	
Expenditures:					
Administrative
Supervisor Fees	$6,000	$3,500	$1,600	$1,900	

Budget	Thru 4/30/18

Actual
Thru 4/30/18	Variance

FICA
Engineering Assessment Roll
Attorney Annual Audit
Dissemination Arbitrage
Trustee Fees Management Fees
Information Technology Telephone
Postage Insurance
Printing & Binding Legal Advertising
Other Current Charges Property Appraiser

$459	$268
$9,000	$5,2!50
$5,000	$5,000
$18,000	$10,500
$3,000	$0
$1,250	$729
$600	$600
$2,700	$2,694
$42,985	$25,075
$1,700	$992
$100	$58
$450	$263
$21,651	$21,651
$1,200	$700
$1,200	$700
$220	$128
$780	$780

$122	$145
$5,288	($38)
$5,000	$0
$5,693	$4,807
$0	$0
$583	$146
$600	$0
$2,694	$0
$25,075	($0)

$13

$992	($0)

$19,683	$199

$64	$46

$0	$516

$184	$1,968

$195

$700 ($67)

$14

$9

Office Supplies

Contingency	$2,449	$1,429		$1,406	
Total Administrative Nona Crest	$119,069	$80,578	$68,828	s11,751 1	
Field Management	$25,440	$2,358
$14,840
$1,750	$2,358
$11,923
$200	$0
$2,917
$1,550	
Irrigation Repairs	$4,300	$2,508
$438	$2,436
$0	$72
$438	
Feature Lighting	$3,140	$2,501	$640	
Total Nona Crest	$42,916	$25,034	$19,418		

Dues, Licenses & Subscriptions

$150
$175

$$17858

$74
$175	$0

Landscape Maintenance Lake Maintenance Miscellaneous Common Area

$3,000

$5,383

$750

2

Narcoossee
Community Development District
General Fund
Statement of Revenues & Expenditures For the Period Ended April 30, 2018

La Vina
Field Management

Adopted Budget

$9,860

Prorated Budget Thru 4/30/18

$5,752

Actual Thru 4/30/18

$5,752

Variance

($0)

Landscape Maintenance Irrigation Repairs
Lake Maintenance Utilities
Wall Repairs/Cleaning Solvino Streetlighting
Capri Streetlighting Miscellaneous Common Area
Total La Vina Nona Preserve
Field Management Landscape Maintenance
Irrigation Repairs Lake Maintenance
Miscellaneous Common Area

$51,100
$4,000
$6,180
$7,860
$6,000
$2,710
$3,850
$1,845
$93,405
$4,333
$29,400
$2,200
$4,300
$1,640

$29,808
$2,333
$3,605
$4,585
$3,500
$1,581
$2,246
$1,076
$54,486
$2,528
$17,150
$1,283
$:2,508

$28,350
$229
$3,500
$4,543
$0
$1,550
$2,203
$1,423
$47,551
$2,527
$17,150
$159
$2,450
$3,416

$1,458
$2,105
$105

$30

$3,500

($347)
$6,935 I

$0

Total Nona Preserve
Maintenance Expenses

 	$41,873	$24,426	$25,702
 	$178,194	$103,946	$92,671

($1,276)1
$11,276 I

Total Expenditures Other Sources Uses
Transfer Out

$297,263

($16,322)

$184,524

$161,498

$0

$23,026 I

$0

Total Other Sources (Uses)

 	($16,322)	$0

$0	so !

Excess Revenues (Expenditures)
Fund Balance - Beginning Fund Balance - Ending

 	($16,322)	$108,169
 	$16,322	$108,496
 	$0	$216,665

3

Narcoossee
Community Development District
Debt Service Fund
Statement of Revenues & Expenditures For the Period Ended April 30, 2018

Revenues:

Adopted Budget

Prorated Budget Thru 4/30/18

Actual Thru 4/30/18

Variance

Assessments - Tax Roll Interest

$317,131	$317,131
$100

$287,541

$1,661

Total Revenues
Expenditures: Series 2013A-1
Interest Expense 11/01

$317,231	$317,189

$46,140	$46,140

$289,261	 	

$46,140

Principal 5/01 Interest Expense 5/01
Series 2013A-2
Interest Expense 11/01 Principal 5/01
Interest Expense 5/01
Total Expenditures
Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance - Ending

$115,000	$0
$46, 140	$0

$29,341	$29,341
$45,000	$0
$29,341	$0
I	$310,961	$75,481
$6,270
$144,621
I	$150,890

4

$0
$0

$29,341
$0
$75,481
$213,780
$300,721
$514,501

$0
$0

$0
$0
so I

Narcoossee
Community Development District

& Expenditures

SCtaapteitmaleRntesoefrRveevFeunnudes- Nona Preserve
For the Period Ended April 30, 2018

Revenues:
Transfer In Interest
Total Revenues Ex enditures:
Bank Fees

Adopted Budget

$0
$0
I	$0
$0

Prorated Budget Thru 4/30/18

$0
$0
$0

$0

Actual Thru 4/30/18

$0
$2
$2

$0

Variance

$2 s2 I
$0

Capital Projects
Total Expenditures
Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance - Ending

$0
$0
$0
$37,851
$37,851

5

$0
$0	$0
$2
$37,937

$0 so I

Narcoossee
Community Development District
Capital Reserve Fund - Parcels G & H Statement of Revenues & Expenditures For the Period Ended April 30, 2018

Revenues:
Transfer In Interest
Total Revenues Expenditures:
Bank Fees

Adopted Budget

$1,468
$0
I	$1,468
$0

Prorated Budget Thru 4/30/18

$0
$0
$0

$0

Actual Thru 4/30/18

$0
$5
$5

$0

Variance

$0
$5
$5 I
$0

Total Expenditures
Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance - Ending

$0
$1,468
I	$78,730
$80,198

6

$0	$0
$5
$78,730

so I

Narcoossee
Community Development District

& Expenditures

StaCtaepmiteanl tRoefseRrveveenFuuensd - Nona Crest
For the Period Ended April 30, 2018

Adopted Budget

Prorated Budget Thru 4/30/18

Actual Thru 4/30/18

Variance

Revenues:		
Transfer In Interest	$3,001
$0	$0
$0	$0	$0
$5	
Total Revenues	$3,001	$0	$5	$5 I	
Ex enditures:					
Repairs & Maintenance	$0	$0	$0		
Total Expenditures	$0	$0	$0	so I	
Excess Revenues (Expenditures}		$3,001		

Fund Balance - Beginning Fund Balance - Ending

I	$92, 340
$95,341

7

$92,340
$92,345

Narcoossee
Community Development District
Capital Reserve Fund - Lavina Statement of Revenues & Expenditures For the Period Ended April 30, 2018

Revenues:

Transfer In Interest
Total Revenues Expenditures:
Fountain
Dowden Median Improvements Repairs & Maintenance
Total Expenditures

Excess Revenues (Expenditures)

Adopted Budget

$11,853
$0
$11,853

$0
$50,000
$0
$50,000 ($38,147)

Prorated Budget Thru 4/30/18

$0
$0
$0

$0
$0
$0
$0

Actual Thru 4/30/18

$0

$6

$0
$0
$0

$6

Variance

$0
$0
$0
so I

Fund Balance - Beginning Fund Balance - Ending

$84,827
$46,680

8

$99,830
$99,835

Narcoossee
Community Development District
Oct	 Nov	Dec	Jan	Feb	March	April	May	June	 July	Aug	Sept	Total

Revenues:

$24

Maintenance Assessments	$0	$15,332	$205,419	$9,440	$23,542	$8,731	$5,041	$0	$0	$0	$0	$0	$259,504

Interest

$20	$20	$24	$26

$30	$0	$0	$0	$0	$0	$153

Total Revenues	I	SJ9	!,15,352	$206,438	$!1.�5L	$23,568	ss,155	. 56,071	$0	$0	so	so	$0	$269,667 I
Ex!!!tndltur"5:

Administratfve
Supervisor Fees	$800	$0	$0	$800	$0	$0	$0	$0	$0	$0	$0	$0	$1,600

FICA

$0	$0	$0	$0	$0	$0	$0

$122

Engineering	$0	$225	$2,513	$1,350	$450	$750	$0	$0	$0	$0	$0	$0	$5,288

Assessment Roll	$5,000

$0	$0	$0	$0

$0	$0	$0	$0	$0	$5,000

$83

Attorney	$1,605	$122	$122	$1,658	$224	$1,952	$0	$0	$0	$0	$0 Annual Audit		$0		$0		$0		$0		$0		$0	$0	$0	$0

$583

$0	$0

Dissemination	$104	$83	$63

$0	$0

$0	$0

Arbitrage	$0

$0	$0	$0	$0	$500

$0	$0	$500

Trustee Fees	$0	$0	$0	$0	$0	$2,694	$0	$0	$0	$0	$0	$2,694

$992

$64

Management Fees	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582

$0	$0	$0

$25,075

Information Technology	$142	$142	$142	$142	$142	$142	$142	$0	$0	$0	$0	$0

Telephone

$0	$0	$0	$0

$0	$0	$0	$0	$0	$0	$13

$4

Postage	$11	$8	$1

$14	$24	$1

$0	$0	$0

$93

Insurance	$19;583	$0	$0	$0	$0	$0	$0	$0	$0	$0	$19,583

$36

$23

Printing & Binding

$38	$0	$0

$0	$36	$0	$0	$0	$0	$0	$184

Legal Advertising		$0		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Other Current Charges	$28	$31	$32	$15	$31	$0	$0	$0	$0	$0	$195	
Property Appraiser	$771	$0	$0	$0	$0	$0	$0	$0	$0	$771	
Office Supplies
Dues, licenses & Subscriptions	$1
$175	$0	$0
$0	$21	$0	$20	$0	$0	$0	$0	$0	$74
$0	$0	$0	$0	$0	$0	
Continge�y			$0	$0	$0		$0		$0	$0	$0	$0	$0		

Total Adm/n;strative	I	$31,�		$6,454		$4,632	$9,264	$4,518	$0	$0	$0	$0	$0	$68,828]	

9

Field: Nona Crest

Narcoossee
Community Development District
Oct	Nov	Dec	Jan	Feb	March	 	April	May -	June

 	Sept Total

$337

Fieid Management

$337	$337

$337	$337

$0	$0	$0	$0	$2,358

Landscape Maintenance	$1,703	$1,703	$1,703	$1,703	$1,703	$1,703	$1,703	$0	$0	$0	$0	$11,923

$348

Irrigation Repairs	$0	$0	$0	$0

$200

$0	$0	$0	$0

$200

Lake  Maintenance	$348	$348

$348	$348

$348

$0	$0	$0	$0	$2,436

Feature Lighting	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Miscellaneous Common Area

$0	$2,501	$0	$0	$0	$0

$0	$0	$2,501

TotalNona Crest	I	$2,38R	$2,388	$2,388	$4,889	$2,388
la Vina

______g,5_88	$2,388	$0	$0	$0	$0	$0

Field Management	$822	$822	$822	$822	$822	$822	$822	$0	$0	$0	$0	$0	$5,752

$73

Landscape Maintenance	$4,050	$4,050	$4,050	$4,050	$4,050	$4,050	$4,050	$0	$0	$0	$0	$28,350

Irrigation Repairs

$125	$0

$0	$0	$0	$0

$0	$0	$0	$229

lake Maintenance_	$500	$500	$500	$500

$500	$500	$0	$0

$0	$3,500

$4,543

Utilities	$666	$689	$546	$834	$270	$1,192	$0	$0	$0	$0	$0
Wall Cleaning	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Solvino Streetlighting	$220	$220	$220	$222	$222	$222	$222	$0	$0	$0	$0	$1,550

Capri Streetlighting	$313

$313	$316	$316	$316	$316	$0

$0	$2,203

$6,645

Miscellaneous Common Area	$0

$0	$1,423

$0	$0	$0	$0	$0

$0	$1,423

Total la Vina	I
Nona Preserve

$6,719	$6,452	$8,197	$6,180	$6,256	$7,_l()L_	$0	$0

__jQ_	$0	$0	$47,551]

Field Management	$361	$361	$361	$361	$361	$361	$361	$0	$0	$0	$0	$0	$2,527
landscape Maintenance	$2,450	$2,450	$2,450	$2,450	$2,450	$2,450	$2,450	$0	$0	$0	$0	$17,150

$350

$350

$350

Irrigation Repairs	$95	$0	$45	$0	$0	$0	$0	$0	$0	$0	$0

Lake Malntenace

$350	$350

$350	$350	$0

$0	$0	$0	$2,450

Miscellaneous Common Area	$1,650	$851	$600	$0	$0	$0	$0	$0	$0	$0	$3,416
Total Nona Preserve	I	$4,906	$3�76	$3,206	$4,031	$3,761	$3,161	$3,161	$0	$0	$0	$0	$0	$25,702 J

Total Expenditures	I	$45,932	$16,838	$18,500	$24,830	$16,961	$21,269	$17,168	$0	$0
Other Financing sources �

10	$0	$161,498J

Transfer Out	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Excess Revenues (Expenditures)	I	($45,913)	($1,486)	$187,938	($15,367)

($12,513)	($11,097)	$0	$0	$0

$0	$108,169l

10 

Narcoossee

SERIES 2013A-1,  SPECIAL ASSESSMENT REFUNDING BONDS

MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT	5/1/2033
50% OF MAXIMUM ANNUAL DEBT SERVICE
$104,615	
RESERVE FUND BALANCE	$104,615	
BONDS OUTSTAN DING - 9/30/13	$2,885,000	
LESS: PRINCiPAL PAYMENT 5/1/14	($110,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	($110,000)	
LESS: PRINCIPAL PAYMENT 5/1/16	($110,000)	
LESS: PRINCIPAL PAYMENT 5/1/17	($115,000)	
CURRENT BONDS OUTSTANDING	$2,440,000	

SERIES 2013A-2,  SPECIAL ASSESSMENT REFUNDING BONDS

MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT	5/1/2033
50% OF MAXIMUM ANNUAL DEBT SERVICE
$51,394	
RESERVE FUND BALANCE	$51,394	
BONDS OUTSTAN DING - 9/30/13	$1,295,000	
LESS: PRINCIPAL PAYMENT 11/1/13	($70,000)	
LESS: PRINCIPAL PAYMENT 5/1/14	($35,000)	
LESS: PRINCI PAL PAYMENT 5/1/15	($35,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	($10,000)	
LESS: PRINCIPAL PAYMENT 5/1/16	($40,000)	
LESS: PRINCIPAL PAYMENT 5/1/17	. ($40,000)	
CURRENT BONDS OUTSTANDING	$1,065,000	

11 

NARCOOSSEE

337,373

COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT RECEIPTS - FY2018 TAX COLLECTOR
Gross Assessments  $	653,584    $	316,211 $
Net Assessments $	614,369    $	297,238    $	317,131
2013
Date		Gross Assessments     Disco_unts/	Commissions	Interest	Net Amount	General Fund	Debt Svc Fund	 Total Received	Dist.#		Received	Penalties		Paid	Income		Received		48.38%		51.62% 	100%	

11 /2/1 7	1	$	677.32	$	35.43	$	$	$	641 .89	$	31 0.55 	$	331 .34	$	641 .89	
11 /9/1 7	2	$	8,476.50	$	339.04	$	$	$	8,1 37.46	$	3,936.99	$ 4,200.47	$	8,1 37.46	
1 1 /1 6/17 	3	$	23,865.07	$ 954.55	$	$	$ 22,910.52	$	1 1 ,084.34	$ 11 ,826.18	$ 22,910.52	
1 2/1 1/17 	4	$	1 74,834.84	$ 6,993.1 8	$	$	$ 1 67,841 .66	$	81 ,203.50	$ 86,638. 16 	$ 1 67,841.66	
1 2/1 8/ 17 	5	$	24,5 15.37	$	980.57	$	$	42.82 $ 23,577.62	$	11 ,407.09	$ 12,1 70.53	$ 23,577.62	
12/26/17 	6	$	245,033.44	$ 9,800.84	$	$	$ 235,232.60	$ 1 1 3,807.92	$ 121 ,424.68	$ 235,232.60	
1/16/18 	7	$	20,324.65	$ 81 2.95	$	$	$ 19,51 1 .70	$	9,439.96	$ 10,071 .74	$ 19,51 1 .70	
2/20/18 	8	$	51,11 3.73	$ 1 ,997.73	$	456.59    $	$ 48,659.41	$	23,541 .92	$ 25,11 7.49	$ 48,659.41	
3/19/1 8	9	$	1 7,856.38    $     443.70    $	$	$    17,41 2.68   $	8,424.43    $	8,988.25   $    17,41 2.68
3/1 9/18	INT	$	$	$	$	633.83    $	633.83   $	306.65    $	327. 18   $	633.83
4/1 6/18	10	$	1 2,557.41     $	71.38    $	$	$    12,486.03     $	6,040.87     $	6,445.16    $    12,486.03

$	$	$	$	$
$	$	$	$	$	$
$	$
$	$
$	
Totals	$	582,522.54	$22,429.37	$	456.59	$	774.67	$ 560,41 1.25	$ 271, 1 32.66	$ 289,278.59	$ 560,41 1 ,25	

5/14/18	1 1	$	3,267.83    s	$	$	98.02    $	3,365.85    $	1 ,628.43    $	1 ,737.42    $	3.365.85

12 

SECTION 3

NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT
$4,1 80,000
SPECIAL ASSESSMENT REFUNDING BONDS SERIES 201 3A
ARBITRAGE REBATE REQUIREMENT FEBRUARY 28, 2018 

Grau & Associates
CERTIFIED  PUBLIC ACCOUNTANTS

2700 North Military Trail • Suite 350 Boca Raton, Florida 33431
(561) 994-9299 • (800) 299-4728
Fax (561 ) 994-5823
www.graucpa.com

March 21 , 2018 

Narcoossee Community Development District City of Orlando, Florida

Re:	$4, 1 80,000 Narcoossee Community Development District (City of Orlando, Florida},
Special Assessment Refunding Bonds, Series 201 3A (the "Bonds")

Narcoossee Community Development District has requested that we prepare certain computations related to the above-described Bonds for the year ended February 28, 2018 ("Computation Period"). The engagement consisted of the preparation of computations to be used to assist in the determination of the amount, if any, of the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1 986, as amended ("Code"). You have the ultimate responsibility for your compliance with arbitrage rebate laws; therefore, you should review the calculations carefully.

In order to prepare these computations, we were provided with the following information: various trust statements and the Official Statement for the Bonds. We did not verify or otherwise audit the accuracy of information provided to us by you or the Trustee, and accordingly, we express no opinion on such information. The attached schedules are based upon the aforementioned information provided to us. A brief description of the attached schedules is attached.

The results of our computations based on the information provided to us indicate a negative Rebate Requirement of ($36,904) for February 28, 201 8. Consequently, our results indicate no amount must be on deposit in the Rebate Fund.

The Rebate Requirement has been determined as described in the Code and the Arbitrage Rebate Regulations. We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report. It is understood that these calculations are solely for the information of, and assistance to, the addressee for the purpose of complying with the Code and the Arbitrage Rebate Regulations. Our report is not to be used for any other purpose.

Grau & Associates

DESCRIPTION OF ATTACHED SCHEDULES
Summary of Rebate Calculations - Provides a summary of the rebate calculations. 

Purpose Expenditures Future Value Report - Verifies the rebate calculation. The report future values the purpose expenditures by the arbitrage yield limit to the computation date (February 28, 201 8).

Arbitrage Yield Limit (AYU Verification Report - Verifies the calculation of the arbitrage yield limit and the arbitrage gross proceeds. Discounts the debt service schedule by the arbitrage yield limit.

True Interest Cost (TIC) Verification Report - Verifies the calculation of the true interest cost and the gross proceeds. Discounts the debt service schedule by the true interest cost.

Unspent Proceeds Report - Verifies the amount of unspent proceeds. Lists purpose expenditures in chronological order.

Internal Rate of Return ORR) Report Via Purpose Expenditures - Verifies the internal rate of return for the investment portfolio. This report presents values the purpose expenditures by the internal rate of return to the delivery date.

Narcoos$ee Community Development District Special Assessment Refunding Bonds, Series 20 l 3A Summary of Rebate Calcul�tions
$ 4, 1 .80,000.00

Dated:
Delivered:

03/16/2013
03/1 6/2013

Anniversary Date. • . . . . . • . . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 	05/01/2013	
F11111re-ValHe Date. . . . . . . • . . . . . . . . . . . . . • . . . . . . . • . . . . . . . . . •. . . . .. . . . . 	02/28/2018	
Arbitrage Yiekl Limit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .	4.3887635	
Total ofP11,po1e Exptndit11rt1. . . . . . . . . . . . . . . . . . . . . .•... . . . . . . . , . . . . . .. .	$4,017,925.00	
lntemalRate ofRtt11m• . . . . . . . . . . . . . . • . • . • . . • . . . . . . . . . . . . . . . . . . . . . . . . 	0.1186212	
90% ofrebate liability. . . . . . . . . . . . . . . . . • . . . . . . . . . ..•.. . . . . . . . . . . . • . . . . 	-$33,213.37	
F11/I rebatt liability• . • . . . . . . . . . . . . . . . . . . • . . . • . . . . . •• . . . . . . . . . . . .. . . . . 	-$36,903.74	

NARCOOSSEE-2013-A I FY: 1 1 Mun-EaseEJevateMalnOb I 16.95f EOB I 03121/2018 1 16:43 1 Rp122
Gr ,-iu & Associates
G1 c1u ;;"' /\'..:-,oc1.11"s , Pt,-

. ' ' .  

Narcooss�e Commuoity Development District Special As$essment Refunding Bonds, Series 20 I 3A Purpose Expenditures Future Value �eport
S -4, i 80,000,00
Transadio11	Gro11p   F11nd	Ftdflre i 'a/11e  Cak11/atio11 Amt

D4ted: Delivered:
-,..,,llltr Vitl.wd To:

FV

03i1512013
03/15/2013
0212eao1e

FV

Date	ID	ID
3/1 S/20 13	-1	COi

Dt1rriptio11	Pmods

Beg. Arl>itrage Oross Proceeds	9.90S5556

(Int. Eamings)
-4, 173,00S.65

10P0.oo00l0%0000   1 .2F39o8do806r

A11101ml
-5,174,028.88

3/IS/2013	2014	COi	9.90S55S6	96,023.00
3/1 S/2013	2014	Underwriter's discount	9.90555S6	62,700.00
3/15/2013	2014	Transferred funds	9.90555S6	-629,2 17.00
3/1 S/2013	2014	Payment to escrow	9.90555S6	4,468,440.00
3/1 8/2013	2014	COi	9.8888889	4,1 94.00
4/1/2013	2014	COi	9.8166667	7,900.00
4/2/20 13	2014	Reserve A-1	9.8111 lll	1 .00
6/4/20 13	2014	COi	9.4666667	488.00
6/6/2013	2014	COi	9.4SSSS56	3,301 .00
12/9/2013	2014	Reserve A-2	8.4388889	5.00
12/9/2013	2014	Reserve A-1	8.4388889	9.00
2/1 7/2015	2016	Reserve A-2	6.061 1111	4.0.0
3/1 7/2015	2016	ReserveA-1	5.8944444	8.00
4/2/2015	2016	Reserve A-1	S.8111111	1.00
S/1/2015	2016	Reserve A-2	5.6500000	2,888.00
5/4/20 15	2016	Reserve A-1	5.6333333	1 .00
6/2/2015	2016	Reserve A-1	5.4777778	1 .00
7/2/201S	2016	Reserve A-I	S.3111111	1 .00
8/4/2015	2016	Rcserve A-1	S.1333333	1 .00
9/2/2015	2016	Reserve A-1	4.9777778	1 .00
1 0/2/20 15	2016	Reserve A-I	4.8\ 11111	1 .00
11 /3/20 15	2016	Reserve A-1	4.6388889	1.00
1 2/2/2015	2016	Reserve A-1	4.4777778	1.00
1/5/20 16	2016	Reserve A-1	4.2944444	1 .00
2/2120 16	2016	Reserve A-I	4.1444444	1 .00
3/2/2016	2017	Reserve A-1	3.9777778	1.00
4/4/20 16	2017	Reseive A-1	3.8000000	1 .00
5/3/2016	2017	Reserve A-1	3.6388889	1 .00
6/2/2016	2017	Reseive A-1	3.4777778	1 .00
7/5/2016	2017	Reseive A-1	3.2944444	1.00
8/212016	20 17	ReserveA-1	3.1444444	1 .00
9/2/2016	2017	Reseive A-1	2.9777778	l.00
10/4/2016	2017	Reservc A-1	2.8000000	1 .00
11/1/2016	2017	ReserveA-2	2.6S00000 	281 .00
11 /2/2016	2017	Reserve A-I	2.6444444	l.00
12/212016	2017	Reseive A-1	2.4777778	1 .00
1/4/2017	2017	iteserve A-2	2.3000000	4.00
1 /4/2017	2017	Reserve A-I	2.3000000	7.00
2/2/2017	2017	Reserve A-2	2.1444444	8.00
2/2/2017	2017	Reserve A-I	2.1444444	16.00
3/1/2017	201 8	Reserve A-2	1.9833333	7.00
3/1/2017	2018	Reserve A-1	1.9833333	IS.OD
4/1/2017	2018	Reserve A-2	1 .8166667	11 .00
4/1/2017	2018	Reserve A-1	1.81 66667	23.00
NARCOOSSEE-2013-A I FY: 1 I Mun-EaseEleYateMalnDb ! 16.95fEDB I 03/21/2018 I 16:43 I Rpt15a
Grau & Assoc1c1tos
Gtdli  {':,  /,,,,_ . ...tJ,   1'•  �  (  f i"I

I00.0000000   1 .2398806
100.0000000 1 .2398806
100.0000000 1.2398806
100.0000000 1.2398806
100.0000000 1.2394322
)00.0000000  1 .2374906
100.0000000  1.2373414
100.0000000  1.2281247
100.0000000   1.2278285
100.0000000  1.2010292
100.0000000  1 .2010292
100.0000000   1. 1406127
100.0000000 1.1 364937
100.0000000 1.1344398
100.0000000  1.1 304794
100.0000000  1.1300705
100.0000000 1.1262612
100.0000000  1.1221940
100.0000000  1.11 78719
100.0000000 1.1 141037
100.0000000  1.11 00804
100.0000000  1.1059383
100.0000000   1.1020774
100.0000000  1 .0977004
100.0000000  1.0941321
100.0000000 1.0901810
I00.0000000  1 .0859821
100.0000000  1.0821909
100.0000000  1 .0784129
100.0000000  1.0741299
100.0000000  1 .0706382
100.0000000  1 .06677 19
I00.0000000  1 .0626632
I 00.0000000 1.0592089
100.0000000   1 .05908 11 
I00.0000000 1 .0552566
100.0000000 1 .0511 922
100.0000000  1.0511922
I00.0000000   1 .0476488
100.0000000 1.0476488
I00.0000000  1 .0439914
100.0000000 1 .0439914
100.0000000  1.0402213
100.0000000  1 .0402213

11 9,057.06
77,740.52
-780, 1S3.97
5,540,332.21
5,198.18
9,776.18 
1.24
599.32
4,053.06
6.01
10.81
4.56
1.13
3,264.82
1.13
11..1123
1.12
I1..  I1I1 
1.11
1.10
1.10
1 .09
1.09
1 .09
1 .08
1.08 l .07
1.07 l .07
1 .06
297.64
1 .06
1 .06
4.20
7.36
8.38
16.76
7.31
15.66
11 .44
23.93

r,....l   I   •	'

Narcoossee Community Development District	Dated:	03/1  5/2013
Special Asses$ment Refunding Bonds, Series 2013A	�i�:	03/15/2013
Purpose Expenditures Future Value Report	F,rt,m Vid11III T0:	02/28/2018
$ 4, 1 80,000.00

Dtsrrif_lion

Transttdirm	Gronp   Flind	F11l11rt i 'ttllft  Cakr1/atio11 Ami	FV	FV

Date	ID	JD

Periods	(Int. Eamittgs)	Pool %	Fttrlor	Amotrnt

5/1/2017	2018	Reserve A-2	1 .6500000	IS.00  I00.0000000  1.0364649	15.SS
5/1/2017	2018	Reserve A-1	1.6500000	31 .00   100.0000000  1.0364649	32.13
6/1/2017	2018	Reserve A-2	1 .4833333	16.00	100.0000000   1 .0327220	16.52
6/1/2017	2018	Reserve A-1	1 .4833333	33.00     100.0000000   1.0327220	34.08
7/1/2017	20l8	Reserve A-2	1.3 166667	21 .00	I00.0000000   1 .0289926	21.61
7/1/2017	2018	Reserve A-I	1.3 166667	42.00     I 00.0000000   1.0289926	43.22
8/1/2017	2018	Reserve A-2	1. 1500000	26.00      1 00.0000000  1 .0252767	26.66
8/1/20 17	2018	ReserveA-1	1.1500000	52.00	100.0000000	1 .0252767
9/1 /20 17	2018	Reserve A-2	0.9833333	26.00  100.0000000 1 .021 5742	26.S6
9/1/20 17	2018	Reserve A-I	0.9833333	S4.00    100.0000000  1 .021 S742	5S. 17
10/1/20 17	2018	Reserve A-2	0.8166667	26.00     100.0000000   1 .0178850	26.47
1 0/1/20 17	2018	Reserve A-1	0.8166667	S3.00    100.0000000 1 .01 788S0	S3.95
1 1/1/2017	20 18	Reserve A-2	0.6500000	27.00     100.0000000    1 .01 42092	27.38
11/1/2017	2018	Reserve A-I	0.6500000	SS.00   100.0000000 1 .0142092	SS.78
12/1/20 17	2018	Reserve A-2	0.4833333	28.00    100.0000000  1.0105467	28.30
12/1/20 17	20 18	Reserve A-I	0.4833333	S7.00    100.0000000  1 .01 05467	S7.60
1/1/2018	2018	ReserveA-2	0.3166667	35.00     100.0000000  1 .0068974	35.24
1/1/2018	2018	Reserve A-I	0.3166667	70.00    100.0000000  1 .0068974	70.48
2/1/20 18	2018	Reserve A-2	0.1500000	40.00     100.0000000   1 .00326 13	40.13
2/1 /20 18	2018	Reserve A-1	0.1500000	81 .00    100.0000000 1 .0032613	81 .26
2/28/2018	-1	Unspenl Proceeds as of02/211/2018	0.0000000	156,009.00	100.0000000   1 .0000000	156,009.00
928.35	-36,903.74
Arbltl'tlge Yield Limit (AYLJ •••••••••••••••	4.3887635
lt1tern11I R.,e ofRnum (IRR) , , ••• , ••. , •...  	0.1186212
Future  V/1/ued To.. .......................	2/28/2018

NAACOOSSEE-2013-A I FY: 11 f.\m.EueElevateMalnDb I 18.95f EDB I 03/21/2018 I 18:43 I Rpt15a
Grciu & Assoc1 Jtes 
(,·, i,: t, /, - ,,_, 1tt ,._ ( ., IJ�

'	.	•

Narcoossee ·Community Development District	Dated:	03/15/2013
Special Assessment Refunding Bonds, Series 20 l 3A	·Delivered:	03/15/2013
A.Y.L. Verification Report	MBS CapitalM4rluts, LLC
4, 1 80,000,00	MSRB J0/360 S.e.Ml 4/J
Coflj>on	Printipol	C0Hp01t		lnltml		Crttl. E11h./		Ptriodi&	Pmtnl Valt111		Dist0H11l11d Period	Date	 Payment		&tit	Paymtnl	Sinking F1111dAdj	Debt Strvia		Fat/or	Debt Smin
1	05/01/2013	21 ,803.53	21 ,803.53	0.9944681	21 ,682.92
2	11/01/2013	85,3 18.12	85,318.12	0.973 1143	83,024.28
J	05/01/2014	145,000.00	S.12S	85,318.12	230,318.12	0.9522190	219,313.28
4	1 1/01/20 14	83,761 .24	83,761 .24	0.93 17723	78,046.41
s	05/01/201S	1 50,000.00	S.12S	83,761 .24	233,761 .24	0.911 7647	213,135.25
6	ll/01/2015	81 ,856.24	81 ,856.24	0.892 1868	73,031 .05
7	05/01/2016	150,000.00	S.12S	81,856.24	231 ,856.24	0.8730292	202,417.26
8	11/01/2016	79,81 3.74	79,8 13.74	0.8542829	68,183.52
9	05/01/2017	160,000.00	S.12S	79,813.74	239,813.74	0.8359392	200,469.71
10	11 /01/2017	77,424.37	77,424.37	0.81 79894	63,332.32
11	05/01/2018	160,000.00	5.12S	77,424.37	237,424.37	0.8004250	1 90,040.41
12	11/01/2018	74,833.7S	74,833.75	0.7832378	S8,612.62
OS/01/2019	170,000.00	S.12S	74,833.75	244,833.75	0.7664196	187,645.39

IS 

14	1 1/01/2019	71 ,902.50	71 ,902.SO	0.7499626	53,924.19 
05/01/2020	175,000.00	S. 125	71 ,902.50	246,902.50	0.7338589	181,191 .61
16	11/01/2020	68,746.25	68,746.25	0.7 181011	49,366.75
05/01/202 1	180,000.00	S.12S	68,746.25	248,746.25	0.7026815	1 74,789.40
18	11/01/2021	65,305.62	65,305.62	0.687593 1	44,903.70
19	05/0li2022	185,000.00	S.125	65,305.62	250,305.62	0.6728287	168,412.80
20	11/01/2022	61 ,621 .24	61 ,621 .24	0.6583813	40,570.27
21	OS/01/2023	195,000.00	S.62S	61,621 .24	256,621 .24	0.6442441	1 65,326.72
22	I 1101/2023	57,436.24	57,436.24	0.6304 105	36,208.41
23	0510)/2024	200,000.00	S.625	S7,436.24	257,436.24	0.6168739	158,805.71
24	1 1/01/2024	53,123.74	53,123.74	0.6036280	32,066.98
25	05/01/2025	21 0,000.00	S.625	53,1 23.74	263,123.74	0.5906666	155,418.39
26	ll iOl/2025	48,468.12	48,468.12	0.5779834	28,013.77
27	OS/0112026	220,000.00	S.62S	48,468.12	268,468.12	0.565S726	151,838.20
28	11 101/2026	43,499.37	43,499.37	0.5S34282	24,073.78
29	OS/0112027	235,000.00	S.625	43,499.37	278,499.37	0.541 S447	150,819.85
30	1 1/01/2027	38,1 89.99	38,189.99	0.5299163	20,237.50
31	05/0 1/2028	245,000.00	S.625	38,1 89.99	283,1 89.99	0.51 85376	1 46,844.66
32	11/01/2028	32,51 6.24	32,51 6.24	0.5074032	16,498.85
33	05!0112029	25S,OOO.OO	5.625	32,51 6.24	287,516.24	0.4965080	1 42,754.10
34	11 101/2029	26,598.12	26,598.12	0.4858466	12,922.61
35	05/0 1/2030	270,000.00	5.625	26,598.12	296,598.12	0.4754142	141 ,006.97
11/0)/2030	20,331 .87	20,33 1.87	0.46520S8	9,458.SO
37	05/01/203 1	275,000.00	5.625	20,331.87	295,331 .87	0.4552166	134,439.98
38	11/01/203 1	ll,961 .87	13,961 .87	0.4454419	6,21 9.20
39	05/01/2032	295,000.00	S.625	1 3,961.87	308,961 .87	0.4358771	1 34,669.42
40	1 1/0112032	7,103.12	7,103.12	0.4265 177	3,029.61
41	OS/01/2033	305,000.00	S.625	7,103.12	312,103.12	0.41 73593	130,259. 13

NARCOOSSEE-2013-A I FY: 1 1 Mun-EaseEJevateMalnDb 1 18.951 EDB I 0312112018 I 16:44 I Rpt01h
Grad & Associates
c; r:111 /:, /\ssoc1 �1ks C P1\s	·

Narcoossee Community Development District Special As$essment Refunding Bonds, Series 201 3A

Dated:
f)el�:

03/15/2013 ()311512013

A.Y.L. Verification Report
4,1 80,000.00

MBS vzpitalMarhis, ILC
MSRB JQ/J60 SFMHIJ

CoHpon
Period	Date

Pniuipal Pl!)•mml
4,180,000.00

Co,pon Rate

lnkml	Crtd. E11h./	Ptriodie
Pt!Jmrnl	Sin/eing FnndAt§	Debt Service
2,205,427.03	O.GO	6,385,427.03

Prtttlll Valt,e Fa,tor

Dim>Hllltd Debi Strvi&t
4,J73,005.47

True lnterest Cost (TJC}.   ... . . ••	•
Nel Interest Cost (NJC).  .............. . . . .
Arbitrage Yield limil (AYL) . ... ........ . .
Arbitrage  Net  /11temt  Cost  (ANIC).   .  .  . .... 

4.5598531
4.5466862
4.3887635
4.4308211

Face 1•al11e ofbond Issue. .... . . •• .. . . . .
A.ccroed interest (+) . . . ..... .... ... . . . .
Original Issue pre111i11111/disco11nt (+). .... 
Bond suret)'fee (-). . . . . . . . . . . . . .. . . . . . .
lump-sum credit enhancements (-). . . . . . . 

. . . . . • .. . . . . . . .

OtherAYl costs (·) . . . . . . . . . . . . ... . . . . .
= AYL Target.

$4,180,000.00

<••�:35)
$0.00
$0.00
$4,173,005.65

NARCOOSSEE-2013-A I FY: 1 1 Mun-EaseElevateMalnDb I 16.95f EDB I 0l/21/2018 1 16:44 1 Rpt01h
Grau & /-\ ssoc1ates
Gr,1.1 & /,-•. ,.   ,,,    •-f"""

,   ,.	·

.USRB JO/J60SEM1 4/J

Narcoossee CommunityDevelopment District	I
Special Assessment Refunding Bonds, Series JO,l 3A	MBS Capital,\/4nufs, U.C
T.I.C. Verification Reoort (Regular}	Dain/:	J/15/201]
4, 1 80,000.00	Delii<ttrd:	J/ 15/2011
Coupon	Prinripal	Cotfpon		Intmsl		Cm/it		Periodic	Pme111  Vollle		Dis,otf1tttd Period	Dolt	 Pay111ml		Rote	P'!]11ttlll	Enhat1'f11tt11ls	Debt Strvire		Fador	Debt Servirt
I	5/l i2013	21 ,803.53	21 ,803.53	0.99425S5	21 ,678.28
2	I 1/1/2013	85,318.12	85,31 8.12	0.9720925	82,937. 11 
3	S/1/2014	145,000.00	S.125	85,318.12	230,318.12	0.9S04236	218,899.77
4	11/1/2014	83,761 .24	83,761 .24	0.9292376	77,834. 10 
5	511/2015	IS0,000.00	S.125	83,761.24	233,761.24	0.908S239	212,377.68
6	11/1/2015	81 ,856.24	81,856.24	0.8882720	72,710.61
7	S/112016	IS0,000.00	5.125	81,8S6.24	23),856.24	0.868471S	201 ,360.53
8	1 1/1/2016	79,813.74	79,81 3.74	0.8491 123	67,770.83
9	5/1/2017	160,000.00	5.125	79,813.74	239,81 3.74	0.8301 847	199,089.71
10	1111/2017	77,424.37	77,424.37	0.8116791	62,843.74
II	51112018	160,000.00	5. 125	77,424.37	237,424.37	0.7935859	1 88,416.63

13 

12	1 1/1/2018	74,833.75	74,833.75	0.7758960	58,063.21
5/112019	170,000.00	S.125	74,833.75	244,833.75	0.7586005	1 85,731.00
14	1 1/1/2019	71,902.50	71,902.50	0.7416905	53,329.40
IS	S/112020	175,000.00	5.12S	71,902.50	246,902.50	0,7251574	179,043.18
16	11/1/2020	68,746.25	68,746.25	0.7089929	48,740.60
17	5/112021	180,000.00	5.125	68,746.25	248,746.25	0.6931887	172,428.09
18	1 1/1/202 1	65,305.62	65,305.62	0.6777368	44,260.02
19	S/112022	185,000.00	S.125	65,305.62	2S0,30S.62	0.6626294	165,859.85
20	1 1/112022	61 ,621.24	61,621.24	0.6478S87	39,921.85
21	51112023	195,000.00	S.625	61 ,621.24	256,62 1.24	0.6334172	162,548.31
22	11/1/2023	57,436.24	57,436.24	0.6192977	35,570.13
23	S/1/2024	200,000.00	5.62S	57,436.24	257,436.24	0.6054929	155,875.81
24	1 )/1/2024	53,123.74	53,123.74	0.S9199S8	31,449.03
25	5/1/2025	210,000.00	5.62S	53,123.74	263,123.74	0.5787996	152,295.92
26	11/1/2025	48,468.12	48,468.12	0.5658976	27,427.99
27	5/112026	220,000.00	5.625	48,468. 12	268,468. 12	0.5S32831	148,538.88
28	11/1/2026	43,499.37	43,499.37	0.5409498	23,530.97
29	5/1/2027	235,000.00	5.625	43,499.37	278,499.37	0.528891S	1 47,295.95
30	1 1/1/2027	38, 189.99	38,189.99	0.5 171 020	19,748.12
31	S/1/2028	245,000.00	5.625	38,1 89.99	283,1 89.99	0.505S752	1 43, 1 73.84
11/1/2028	32,516.24	32,51 6.24	0.4943054	16,072.95
33	S/1/2029	255,000.00	5.625	32,516.24	287,516.24	0.4832868	138,952.111
34	11/1/2029	26,598. 12	26,598.12	0.4725139	1 2,567.98
5/1/2030	270,000.00	5.625	26,598.12	296,598.12	0.4619810	1 37,022.71
36	11/1/2030	20,33 1.87	20,331.87	0.45168l0	9,183.56
37	S/11203 1	275,000.00	5.625	20,33 1.87	295,331.87	0.4416145	130,422.84
38	11/1/2031	13,961.87	13,961.87	0.431 7705	6,028.32
39	5/1/2032	295,000.00	5.625	1 3,961 .117	308,961 .87	0.4221458	130,426.97
I l/li2032	7,103.12	7,103.12	0.4127358	2,931.71
41	5/1/2033	305,000.00	S.625	7,103. 12	312,103.12	0.4035355	1 25,944.68 NARCOOSSEE-2013-A I FY: 11 Mun-EaseEJevaleMainDb 1 16.951 EDB I 03/21/2018 ( 16:45 I Rpl01a
G1 a c1  & Assoc1 c1les	 	w
G1 .1,1 & ASSOl'I J\('c, Cf)/,�

Narcoossee Community Deveiopment District Special Assessment Refunding Bonds, Series .20 1 3A
T.I.C. Verification Reoort (Regular)

2
MSRB JO/J60 SEMI 4/J
MBS Gzpila/Marlull, lLC D,,1td:	J/ 15/ZOIJ

4, I 80,000.00
Coupon
Period	Dak

Printipal Paymmt
4,180,000.00

Co,tpon Rate

lnltrut P'!)llltnf
Z,10S,427.0J

Cm/it
E11bn11m11enls
0.00

Periodi&
Dtbt Smna

6,JBS,417.0J

Dtlit<tnd:

Pnsml Vame Fador

J/ 15/101}
Dis'°"nltd
Dtbt Smire

4,110,JOS.69

True Interest Cost (TIC) . . . . . . . . • .. .. • • •
Net Interest Cost (NJC). ........ ... ... .. . . . . .
Arbitrage Yield Limit (AYL) . . ..... ..... . . . . . 
Arbitrage .Vet Interest Cosi {ANIC) . . . . . . . • . . 

4.5598531
4.5466862
4.3887635
4.4308211

Face  value ofhond Issue.	• .

. . . . ..... ........ .

.... .

Acerued interest (+) .

....... 

. . . . . . ........... .. .

Original issuepremium/discount (+) . Unden.Titer discount (+) . . . . . . . . . . . . . . .
Lump-mm credit enhancements (-)

Orher TIC costs (-)

Bondsurety"'fee (-) .

. . . . . ........ ..... .
TIC Target . . . . . • ...... .

$4,180,000.00

(.$82,7!)0.00)
$0.00

NIA
$4,110,305.85

NARCOOSSEE•2013-A I FY: 1 I Mun-EaseElevaleMalnl» I 16.95f EDB I 03121/2018 I 16:45 1 Rpl01a
Grciu & Associ;_1les
l;r.i,, P,  t.. -soc. :;·e·� C ,0;.s 

;J 1 1• 

NarC;ooss� Community Development District	Dated:	03/1 �13
Special Assessment Refunding Bon�s. Series 201 3A	Delivered:	03/15/2013
Unspent Proceeds Report
s 4,uo.ooo.oo·

Ptrmtlagt

Cok	G,p	FnRd	Gross	Pool	No,,pmpost	Pu,pose	Vn.tpent
D4/t	ID	PNrp	ID	Dmripti'on	ANION/II	lm-estmrnl	Exptndit11rt1	Promds
0l/lS/2013		•I   N	COi	Beg. Amitnge Gross Proceeds		I00.0000000		4,1 73.00S.65 03/l S/2013	2014    y		COi	96,023.00	I 00.0000000	96,023.00	4,076,982.6S
0l/lS/2013	2014   y	Undenvriler's diSCOlllll	62,700.00	I00.0000000	62,700.00	4,014,282.65
0l/lS/2013	2014    y	Payment to escrow	4,468,440.00	100.0000000	4,468,440.00	-454,1 S7.35
03/15/2013	2014    y	Tlllisfcned funds	-629,217.00	100.0000000	-629,2 1 7.00	l75,0S9.6S

03/18/2013	2014    y	COi	4,194.00	100.0000000	4,194.00	170,865.6S

04/01/2013	2014    y	COi	7,900.00	I00.0000000	7.900.00	162,965.65
04/02/2013	2014    y	RcseM A-1	1.00	100.0000000	1.00	162,964.6S

06/04/2013	2014    y	COi	48&.00	I 00.0000000	488.00	162,476.65
06l06/20l3	2014    y	COi	3,301.00	100.0000000	3,301.00	IS9,175.65

12/09/2013	2014    y	RcseM A•l	S.00	100.0000000	S.00	159,170.6S
12/09/2013	2014    y	Reserve A-I	9.00	100.0000000	9.00	1S9,161.65

02/17/2015	2016   y	Rcscrve A-2	4.00	I00.0000000	4.00	1S9,157.65

03/1 7/2015	2016    y	Reserve A- 1	8.00	100.0000000	8.00	159,149.65

04/02/2015	2016   y	Rc1crveA•I	1 .00	100.0000000	1.00	1S9, 148.6S

05/01/2015	2016    y	Remve A-2	2,888.00	100.0000000	2,888.00	156,260.6S

0S/0412015	2016    y	Reserve A-I	1.00	100.0000000	1.00	156,259.65

06/02/201S	2016   y	Reserve A-I	1.00	100.0000000	1.()0	156,258.65
07/02/2015	2016   y	llcscrveA-1	1.00	l00.0000000	1.00	156.257.65
08/04/2015	2016   y	RcsaveA•l	1.00	100.0000000	1.00	156.256.65

09/02/201S	2016    y	Reserve A-I	1.00	100.0000000	1.00	156.255.6S

10/02/2015	2016    y	RcserveA-1	1.00	I00.0000000	1.00	156,2S4.65

11/03/2015	2016     y	Resem: A-1	1.00	100.0000000	1.00	156,253.65

12/02/2015	2016    y	Reserve A-I	1.00	I00.0000000	1.00	156,252.65

0l/OS/2016	2016    y	RcsctVC A-1	1.00	100.0000000	1.00	156,251.65

02/02/2016	2016    y	Reserve A-I	1.00	100.0000000	1.00	156,2S0.6S

03/02/2016	2017   y	Reserve A-I	1.00	I 00.0000000	1.00	1 56,249.6S

NARCOOSSEE-2013-A I FY: 1 I Mun-EaseElevateMalnDb I 16,95f EDS I 03/21/2018 I 16:43 I Rp111

1" '

G rau & Associates 
G1 ;n1 8,  /1 ,<_,· , 1.,:, , r p;,	·

Deliveml:

Narcoossee Community Development District	Dated:	03/15/2013
Special Assessment Refunding Bonds, Series 20 I 3A	03/15/2013
Unspent Proceeds Report
$ 4, 1 80,000.00

Date	ID	1D	Pmmtagt	Prot r t d s 

Cak	G,p	FrtHd	Gmss	Pool	Nonpurp1m	P11,pos,	U11.rpen1
PH,P	Dt1mptio11	AIHOUHI	I11i't!Sltlttlll	Expn,ditum  	
04/04/2016	2017   y	ReseMA•I	1.00	100.0000000	1 .00	156,248.6S

05/03/2016	2017    y	Resn'VtA-1	1 .00	I00.0000000	1.00	IS6,247.6S

06/02/2016 	2017	y	Rcsrrve A-1	1.00	100.0000000	1.00	156,246.65	
07/0S/2016	2017	y	ResOJVC A-1	1.00	100.0000000	1.00	l56,24S.6S	
08/02/2016	2017	y	RcscrveA-1	1.00	100.0000000	1.00	156,244.65	
09/02/2016	2017	y	RCSct\'CA•I	1.00	100.0000000	1.00	IS6,243.6S	
10/04/2016	201 7	y	RCSct\'CA•I	1.00	100.0000000	1.00	156,242.65	
11/0112016	2017	y	ReserveA-2	281.00	100.0000000	281.00	ISS,961.6S	
11/02/2016	2017	y	Reserve A-I	1.00	I00.0000000	1.00	ISS,960.65	
1 2/02/2016	2017	y	ReserveA-I	1.00	100.0000000	1 .00	ISS,9S9.6S	
01/04/2017	2017	y	llcKrwA-1		100.0000000		ISS,948.6S	
01/04/2017	2017	y	RcservcA-2		100.0000000	4.00	ISS,9SS.6S	
02/02/2017	2017	y	ResaveA-2	8.00	100.0000000	8.00	ISS,940.65	
02/02/2017	2017	y	Reserve A-I	16.00	100.0000000	16.00	ISS,924.6S	
03/01/2017	2018	y	Reserve A-2	7.00	100.0000000		15S,917.6S	
03/01/2017	2018	y	ResOJVCA•I	15.00	100.0000000	I S.GO	ISS,902.65	
04/01/2017	2018	y	Rescm:A-2	11.00	100.0000000	11.00	ISS,891.65	
04/01/2017	2018	y	Reserve A-I	23.00	100.0000000	23.00	ISS,868.65	
OSIOl/2017	2018	y	Res=A-2	IS.00	100.0000000	15.00	ISS,853.65	
OS/0112017	2018	y	Rcscn1c A•I	31.00	I00.0000000	31.00	ISS,822.65	
06/01/2017	2018	y	Rncrve A-2	16.00	100.0000000	16.00	ISS,806.65	
06/0112017	2018	y	Rcscn-� A-1	J).00	100.0000000		ISS.773.65	
07/01/2017	2018	y	Reserve A-I	42.00	100.0000000	42.00	ISS,731 .65	
07/01/2017	2018	y	Rcscrve A-2	21.00	100.0000000	21.00	I SS.7 10.65	
08/01/2017	2018	y	Rcscrve A-2	26.00	100.0000000	26.00	I SS,684.65	
08/0112017	2018	y	Reserve A-I	S2.00	I00.0000000	52.00	155;632.65	
09/01/2017	2018	y	Rcsnvc A-2	26.00	100.0000000	26.00	155,606.65	
09/01/2017	2018	y	Reserve A-I	54.00	100.0000000	54.00	ISS,552.65	
10/01/2017	2018	y	Rcsc,ve A•I	53.00	100.0000000		155,473.65	
NARCOOSSEE-2013-A I FY: 1 I Mun-EaaeelevateMalnDb I 16.95f EOB I 03/21/2018 I 16:43 I Rpl11
G rzi u & Associates
G'dl, 0 '"'sou.-1 tP:; c r,1-1 -	•- ·' ·	:

Narcoossee Community Development District Special Assessment Refunding Bonds, Series 20 I 3A Uns�t Proceed.s RePQl'l
$ 4. 1 80,000,00

Cole	G,p	F1111d	Gross	Pool
Dote	ID	P11,p	ID	Dmriplion	A11101ml	Ptmnlttgt

/}ated: Delivered:

NollfJll,pose	Pn,po.re
lnt'ttlmenl	Expt11dilNf'tt

0�/1612013
03/1!?/2013

Unrptnl
Proaeds

10/01/2017 	2018	y	llescrvc A-2	26.00	100.0000000		26.00	ISS,S26.f;S	

11/0112017	2018	
y	Res= A-2	27.00	I00.0000000		
27.00	
155,446.6S	
11/01/201'7	2018	y	JteseivcA-1	55.00	I00.0000000		ss.oo	15S,391.6S	

12/01/2017	2018	y	llesem: A-2	28.00	100.0000000		
28.00	
l5S,363.6S	
12/01/2017	2018	y	lteseM A•I	S7.00	I00.0000000		57.00	ISS,306.6S	

01/01/2018	
2018	y	
ReseM A-2	35.00	
100.0000000			
155.271.65	
01/01/2018	2018	y	Reserve A-I	70.00	1 00.0000000		70.00	ISS,201.65	

02/01/2018	
2018	
y	Resen'l! A-2	40.00	I00.0000000		
40.00	
ISS,161.65	
02/01/2018	2018	y	llesen-e A•I	81.00	100.0000000		81 .00	155,080.65	
				4,017,915.00		o.oo	4,017,915.00		

Firstlm,utmtlllDate. ' ' ................. ' .... 
Ctdculation  Datt  ..... ....... ... ............. 
Arbltr,,ge YieldLhlllt (AYL). ...•• , ...••. .... ... 
llllnnal Rllt4 ofRthlm (IRR)... , . , . , .. ,	,

3/15/2013
2/28/2018
4.3887635
0.1186212

NARCOOSSEE-2013-A I FY: 1 1 Mun-EaseElevatsMalnDb I 16.95f EDB I 03/21/2018 I 16:43 I Rpt11
Grau & ASSOC! i:ll C:S 
Gtd'I  g  ;'.1,-<:[;l,l"i'.•' '  C P/-1 ':,	I   I  I•

Narcoossee Community Development District	l)ated:	03/15/2013
Special A$sessment Refunding Bonds, Series 20 1 3A	Delivered:	Q3/15l2013
I.R.R. Rep(Jl't Via Purpose Expenditures
$ 4,1 80,000.00

G,p	Trans	F1111d	Dq Conflt   Calm/a/ion Amt	Pool	ff lntrmal Rate of&11,m **
ID	Date	JD	Desmplion	Fa,tor	(lntnrsl &min.gs)    Pt(g	PV Fa,tor	PVA1111
•l  03/1 5/2013	Beg. Arbitrage Gross Proceeds	0.0000000	;(4,173,-005.65)  100.000    1 .0000000	(4!173,005.65)
2014 03/15/2013	COi	0.0000000	96,023.00  100.000  1.0000000	96,023.00
03/15/2013	Underwrita's discount	0.0000000	62,700.00 100.000	1.0000000	62,700.00
03/1 5/201 3	Payment to escrow	0.0000000	4,468,440.00 100.000	1.0000000	4,468,440.00
03/15/2013	Tnlnsferred funds	0.0000000	(629,21 7.00) 100.000 1 .0000000	(629,2 17.QO)
03/18/2013	COi	0.0166667	4,1 94.00 100.000  0.9999901	4,193.96
04i01/2013	COi	0.0888889	7,900.00 100.000 0.9999473	7,899.58
04i02/2013	Reserve A-1	0.0944444	1 .00 100.000  0.9999440	1 .00
06/04/2013	COi	0.4388889	488.00  100.000   0.9997398	487.87
06/06/2013	COi	0.4500000	3,301 .00 100.000  0.9997332	3,300. 12
l2i09/2013	Reserve A-2	1 .4666667	5.00  100.000   0.999 1307	5.00
12/09/2013	Reserve A-I	1.4666667	9.00  100.000   0.9991307	8.99

3.99

2016 02/17/2015	Reservc A-2	3.8444444	4.00  100.000	0.9977231
03/17/2015	Reserve A-I	4.0111111	8.00 100.000	0.9976245
04,'02/2015	Reserve A•l	4.0944444	1 .00 100.000  0.9975752	1.00
05!01/2015	Reservc A-2	4.2S55556	2,888.00 100.000  0.9974799	2,880.72
05104/201 5	Reserve A-1	4.2722222	1 .00  100.000   0.9974701	1 .00

4.5944444

06102/2015	Reserve A-I	4.4277778	1 .00 100.000  0.9973781	l .00
07i02/201 5	Reservc A-1	1 .00  100.000   0.997279S	1 .00
08/04/2015	Reserve A-I	4.7722222	1 .00   100.000  0.997 1744	1 .00
09102/201S	ReserveA-I	4.9277778	1 .00 100.000  0.9970824	1.00
10/02/2015	Reserve A-I	S.0944444	t .00 100.000  0.9969839	t .00
11/03/2015	ReserveA-1	5.2666667	1 .00 100.000   0.9968821	1 .00
12102/201S	Reserve A-I	S.4277778	1 .00 100.000  0.9967869	1 .00
OJ:0S/2016	Reserve A-I	5.61 11111	1 .00  100.000   0.9966785	1 .00
02/02/2016	Reserve A-I	5.7611 Ill	1 .00 100.000  0.9965899	1 .00
2017 03,02/2016	Reserve A-I	5.9277773	1 .00  100.000   0.9964914	1 .00
04i04!2016	Reserve A-I	6. I0SSSS6	1.00 100.000 0.9963864	1.00
OSI03/20l6	Reserve A-I	6.2666667	1.00 100.000  0.9962912	1 .00
06,02/2016	Reserve A-I	6.4277778	1.00 100.000  0.9961960	1.00
0710S12016	Reserve A-1	6.61 11111	1 .00 100.000   0.9960877	1 .00
08/02/2016	Reserve A-I	6.761 1111	1 .00   100.000    0.9959992	1 .00
09102/2016	Reserve A-I	6.9277778	1 .00 100.000  0,99S9007	1.00
10/04/2016	Reserve A-I	1.10SSSS6	1 .00  100.000   0.99579S8	1 .00
11/01/2016	Reserve A-2	7.25SS5S6	281 .00 100.000 0.99S7072	279.79
11/02/20 16	Reserve A-I	7.261 1111	1 .00 100.000  0.9957039	1 .00
12/02/2016	Reserve A-1	7.4277778	1.00 100.000  0.99560S5	1.00
01/04/2017	Reserve A-2	1.60S5SS6	4.00 100.000  0.9955006	3.98
01/04/2017	Reserve A-I	1.60SSSS6	7.00 100.000 0.9955006	6.97
02i02/2017	Reserve A-I	7.7611111	16.00 100.000 0.9954088	15.93
02/02/2017	Reserve A-2	7.761 1111	8.00   100.000   0.9954088	7.96
2018 03/01/2017	Reserve A-2	7.9222222	7.00  100.000  0.9953 137	6.97
03i01/2017	Reserve A-I	7.9222222	15.00 100.000  0.9953 137	14.93
04/01/2017	ReserveA-2	8.0888889	11 .00 100.000 0.99S2 153	10.9S
04/01/2017	Reserve A-I	8.0888889	23.00  100.000  0.9952 153	22.89
OS/01/2017	Reserve A-I	8.2S5SS56	31 .00  100.000 0.995 1170	30.85
0S/01/2017	Reserve A-2	3.2555S56	15.00  100.000  0.995 11 70	14.93
06/01/2017	Reservc A-1	8.4222222	33.00 100.000  0.9950187	32.34
06/01/2017	RcserveA-2	3.4222222	16.00 100.000 0.9950187	1 5.92
07/01/2017	Reserve A-I	8.S888889	42.00 100.000  0.9949203	41 .79
07/01 /2017	ReserveA-2	8.5888889	21 .00 100.000  0.9949203	20.89
NARCOOSSEE-201 3-A I FY: 1 I Mun-EaseElevateMalnDb I 16.95f EDB I 03/21/2018 I 16:43 ( Rpt09c
Gr.1u & Associates	1, , ,,	·
c, .• : (', ,,. ;I ,.it•' - Cflf\c,

Narcoossee Community pevelopment District Special Assessment Refunding Bonds. Series 20 I 3A
I.R.R. Report Via Purpose Expenditures
S 4,1 80,000.00

G,p	Trani	F1111d

D� Co1111I

Ctt/mlation Amt	Pool

Dated:		03/t!i/2013 03/16/2013 

Delivered:

*': Inttmal Rate of&tum **

ID	Datt	ID

Desmption	Far/Qr

(lt1tert1I Eami11g,1)   Prig

PV Fa,tor	PVAmt

2018 08/01/2017	Reserve A-1	8.7SSSSS6	S2.00	100.000	0.9948220	51 .73	
08/01/2017	Reserve A-2	8.7SS5SS6	26.00	100.000	0.9948220	25.87	
09/01/2017	Reserve A-2	8.9222222	26.00	100.000	0.9947237	25.86	
09/01/2017	Reserve A-I	8.9222222	S4.00	100.000	0.9947237	53.72	
10101/2017	ReserveA-2	9.0888889	26.00	100.000	0.9946254	25.86	
10/01/2017	Reserve A-l	9.0888889	53.00	100.000	0.99462S4	52.72	
11101/2017	ReserveA-2	9.2S55556	27.00	1 00.000	0.9945271	26.8S	
11101/2017	Reserve A-I	9.25555S6	55.00	100.000	0.9945271	54.70	
12/01/2017	Reserve A-2	9.4222222	28.00	100.000	0.9944289	27.84	
12/01/2017	Reserve A-I	9.4222222	57.00	100.000	0.9944289	56.68	
01/01/2018	Reserve A-2	9.5888889	35.00	100.000	0.9943306	34.80	
01101/2018	Reserve A-I	9.5888889	70.00	100.000	0.9943306	69.60	
02101/2018	ReserveA-2	9.75S5556	40.00	100.000	0.9942323	39.77	
02/01/2018	Reserve A-I	9.1SSSSS6	81 .00	100.000	0.9942323	80.S3	
99999 02/28/20I8	Unspent Proceeds as of02/28/20I 8	9.9055556	156,009.00	100.000	0.9941439	155,095.40	
			928.3!5			.01	

.4rbhn,ge 'field Limit• •.•..•.•.• •.... 
lntl!nt11I R11te ofReturn . •• ••••• , ••••• 
C11lcu/ation Standard .. .. .... ...... .. 

4.3887635
0.1186212
MSRB 30/380 SEMI 413

NARCOOSSEE-2013-A I FY: 1 1 Mun-EaseElevateMalnDb I 16.85f EDB I 03121/2018 I 18:43 I Rpl09c
Grnu & Associates	1- "I''
c, ,,ll  (. /1 •   (1'' ,\.   C C P/\s

SECTION 4

BILL COWLES
Supervisor of Elections Orange County, Florida

April 1 6, 2018 

Jamie-Marie Corder, Administrative Assistant Narcoossee Community Development District 1 35 W. Central Blvd., Suite 320
Orlando FL 32801 Dear Ms. Corder:

OUR MISSION IS TO:
Ensure the integrity of the electoral process.
Enhance public confidence. Encourage citizen participation.

� ,� ((; ff'. J� �f )?; 1,11
IL	APR 1 1 2018	�
BY: _____________

Per the requirements of Chapter 1 90.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the Development District as of April 1 6, 2018. Our research is based on the legal description provided to us by the District office on April 18, 201 7.
As of April 1 6, 201 8, there are 1 ,846 registered voters in the Narcoossee Commun ity Development District.
Attached is a map and list of streets currently in the Development District according to our records. If you have any questions or corrections, please contact the Mapping Department at 407-254-6584. 

"t c:;,;}l,.-._
(Bill Cowles
Supervisor of Elections bc/ajs

119 West Kaley Street, Orlando ■  Reply  to:  Post Office Box 562001 ,  Orlando,  Florida 32856 Phone (407) 836-2070 ■ Fax (407) 254-6596 ■ TDD (407) 422-4833 ■ Internet: www.ocfelections.com

www.ocfelections.com

NARCOOSSEE DEVELOPMENT DISTRICT
CITY OF ORLANDO, ORANGE COUNTY, FLORIDA
Bill Cowles, Supervisor of Elections
440A County Precinct Number	[=:J District Boundary
Prepared by: Orange County Supervisor ofElections Mapping Department

W+E

L

s
eB.!.lil..Ql;.I 04/13/2018

MCCOY RD

BEACHLINE EX

CORKFlElD

§-t
Orlanae
�°'8L!\I �l�:z

Lake Nona

MAYFAIR POINTE DR

LRaekde

LAKE WHIPPOOR'WILLCT

Lake

ST

Whippoorwill	SHADY OAK

z

►

OAUSSET ST

S"'"-U"L.."{\<.

.,.

ST DVLMNT VTR CNT . LST APR-16-18 11 : 0 0 AM

Orange County Supervisor of Elections Active Voters Count - NARCOOSSEE
Development District

Page 46 of 46 

Id Number	Name
20 0239362	COCHRAN JENNEFER RUTH	94 7 3
Total Voters :

Address
WALNUT CREST
1846 

DR	44 0A

ST_DVLPMNT_DSTRCT . LST

Supervisor of Elections

Page 1 of 3

April 16 2018 10 :59 AM	 	

NARCOOSSEE  District		 		 	

[ Status  DI

Street Name

T	D  From	To	0 Zip

y	I

E

Pree Cong Hse	Snte Cnty Sch Dist Dist Dist Di st Brd

City Pree

City

R
R	BLACK HAWK
R	BLACK HAWK
R	BLACK WALNUT
R	BLACK WALNUT

R R	BRODBECK BRODBECK	3Lv
9870 	10030 
10078 	E E	32832 
32832 	44 0A
44 0A	9
9	50 	4
4	2
2	
R	BRODBECK	3Lv
9807 	10085 	0	32832 	440A	9	50 	4	2	

R	BRODBECK

R	CANDICE
R	CANDICE
R	CHARDONNAY
R	CHARDONNAY
R	CHARDONNAY
R	CHARDONNAY
R	CHARDONNAY
R	CHARDONNAY
R	CHERRY PALM
J	DOWDEN
A	DOWDEN
A	DOWDEN
A	DOWDEN
DOWDEN

p	R
CT CT CT CT
3Lv

RD

3L'ii CT CT DR DR DR DR DR DR LN RD RD RD RD

9207	9267 0  32832 
9204	9276  E   32832
10001  10065  0  32832 
10034   10066 E  32832 
9806	9806  E   32832 
10062
9402	9492  E   32832 
9401	9493  0  32832 
9912	9976  E   32832 
10004   10020  E  32832
10028   10060 E  32832 
10068   10076 E  32832 
9925  10077  0 32832 
10085   10093  O  32832 
9315	9381  0  32832 
9405	9405 0  32832 
9411	9411  O  32832 
9417	9417  0 32832 
9423	9423 0  32832 
9429	9429 0  32832 

44 0A	9
44 0A	9
440A	9
440A	9
44 0A	9

44 0A	9
44 0A	9
440A	9
440A	9
44 0A	9
440A	9
440A	9
44 0A	9
44 0A	9
44 0A	9
44 0A	9
440A	9
44 0A	9
440A	9

15	4
4
50	15	4
50	15	4
4

15 

50	4
4
4
50	4

50 

4

50 

4
15	4
50	4
4
50	4

50 

4

50 

4
15	4

15 
15 

15	4

2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
1101 
1101 
1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 

ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO
ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO
ORLANDO

A

A	DOWDEN
A	DOWDEN
A	DOWDEN
A	DOWDEN
A	DOWDEN
DOWDEN

RD	9435	9435  0   32832	440A	9
RD	9441	9441  0   32832	440A	9
RD	9447	9447  0   32832	44 0A	9
RD	9453	9453  0   32832	44 0A	9
RD	9459	9459 0   32832	44 0A	9
94 65	9465  0   32832	440A	9

50	4

50 
50 

4
50	15	4
4
50	15	4
4

2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 

ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO
ORLANDO

A
A	DOWDEN
A	DOWDEN
A	DOWDEN
R	GRANITE BAY
R	GRANITE BAY
R	IANS RIDGE
R	IANS RIDGE
R	!ANS RIDGE
R	!ANS RIDGE
R	IVERSON
R	IVERSON
R	IVERSON
R	IVERSON
R	MAPLE HILL
R	MAPLE HILL
R	MONTEREY  BAY
R	MONTEREY  BAY
R	MONTEREY  BAY
R	MONTEREY  BAY
X	NARCOOSSEE
R	NONACREST
R	NONACREST
R	NONACREST
R	NONACREST
R	OAK QUARRY
R	OAK QUARRY

RD
RD	9475	9475  0  32832 
RD	9481	9481  O  32832 
RD	9487	9487  0  32832 
DR	10101  10165  0 32832 
DR	10130   10190 E  32832 
RD	10008   10022 E  32832 
RD	10030   10038  E  32832 
RD	10046   10054  E  32832 
RD	10007   10055 O  32832 
DR	10035  10059  0 32832 
DR	10067   10067  O  32832 
DR	10010  10082  E   32832 
DR	10075  10083  0  32832 
CT	9402	9492  E   32832 
CT	9403	9493  0  32832 
DR	9301	9329  0  32832 
DR	9302	9380  E   32832 
DR	9345	9385  0  32832 
DR	9386	9386  E   32832 
RD	9145	9145  0 32827 
DR	9714	9762  E   32832 
DR	9768	9792  E   32832 
DR	9727	9887  O  32832 
DR	9816	9888  E  32832 
DR	9903	9963  0  32832 
DR	9977  10089  0  32832 

44 0A	9
44 0A	9
440A	9
440A	9
44 0A	9
440A	9
44 0A	9
44 0A	9
44 0A	9
440A	9
44 0A	9
44 0A	9
440A	9
440A	9
44 0A	9
44 0A	9
44 0A	9
440A	9
440A	9
440A	9
44 0A	9
44 0A	9
440A	9
44 0A	9
440A	9
440A	9

50	15	4
50	4

15 

50	15	4
4
50	15	4
15	4
15	4
50	15	4

15 

15	4
50	4

15 

50	15	4

15 

50	4
50	4
15	4
15	4
4
4
4
15	4
50	15	4

15 

50	15	4
50	4
50	4
50	4
50	4
50	4

2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 
2	11 01 
2	1101 
2	1101 
2	1101 
2	1101 
2	1101 

ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO ORLANDO
ORLANDO

R	OAK QUARRY

DR	9910 10096 E 32832 

440A	9	50 

4	2	1101 	ORLANDO

Printed for SOE Staff Person ADAM STOKES

lsT DVLPMNT DSTRCT . LST I April 16 2018 10 :5 9 AM

Supervisor of Elections
NARCOOSSEE	District

Page 2 of 3

Status D
R
R R R R R R R R R R R R R R R R R
R

Street Name

PORTOFINO PORTOFINO PORTOFINO PORTOFINO PORTOFINO PORTOFINO PORTOFINO RED HAWK RED HAWK
RUSTIC RIDGE RUSTIC RIDGE RUSTIC RIDGE RUSTIC RIDGE SHADOW CREEK SHADOW      CREEK SI LVER BUTTONWOOD SI LVER BUTTONWOOD
SILVER  BUTTONWOOD

T	D  From	To

I

R

y p
DR	9604	9654 
DR	9605	9805 
DR	9782	9812 
DR	9813	9981 
DR	9894 10028 
DR	10044 10062
DR	9989 10077
CT	9126	9192
CT	9127	9193 
CT	10004 10004 
CT	10001 10025 
CT	10033 10033
CT	10012 10036 
DR	9902 10162
DR	9905 10175 
ST	9409	9487 
ST	9509	9575 
ST	9601	9685 

0   Zip	Pree Cong E		Dist
E   32832	44 0A	9
0   32832	440A	9
E   32832	440A	9
0   32832	440A	9
E   32832	440A	9
E   32832	440A	9
0   32832	440A	9
E   32832	440A	9
0   32832	440A	9
E   32832	440A	9
0   32832	44 0A	9
0   32832	440A	9
E   32832	440A	9
E   32832	440A	9
0   32832	44 0A	9
0   32832	44 0A	9
0   32832	440A	9
0   32832	440A	9

Hse Dist
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 
50 

Snte Cnty Sch	City	City
Dist  Dist  Brd	Pree	 	
15	4	2	1101	ORLANDO
15	4	2	1101	ORLANDO
15	4	2	1101	ORLANDO
15	4	2	1101	ORLANDO
15	4	2	1101	ORLANDO
15	4	2	1101	ORLANDO
4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO
4	2	1101	ORLANDO

R	SILVER BUTTONWOOD	ST 
R	SPRING STONE	CT

9410	9694
9903	9927 

E   32832	44 0A	9
0   32832	440A	9

50 
50	15 

4	2	1101	ORLANDO
4	2	1101	ORLANDO

R	SPRING STONE
R	STONEHOLLOW
R	STRONGBARK
R	STRONGBARK
R	SWEET MAPLE
R	SWEET MAPLE
R	TAWNYBERRY
R	TAWNYBERRY
R	WALNUT  CREST
R	WALNUT CREST

CT CT LN LN ".VE
".VE ST ST DR DR

9904	9928 
9814	9862
9307	9375 
9412	9496 
9208	9276 
9205	9385 
9402	9496 
9403 
9425	9473 
9424	9484 

E   32832	440A	9
E   32832	44 0A	9
0   32832	440A	9
E   32832	440A	9
E   32832	440A	9
0   32832	440A	9
E   32832	440A	9
0   32832	44 0A	9
0   32832	440A	9
E   32832	440A	9

50	15	4	2	1101	ORLANDO
50	15	4	2	1101	ORLANDO

15 

50	4	2	1101	ORLANDO
50	4	2	1101	ORLANDO

15	4	2	1101	ORLANDO

15 

50	4	2	1101	ORLANDO 50 

15	4	2	1101	ORLANDO

15 

50	4	2	1101	ORLANDO 50 

15 

50	4	2	1101	ORLANDO
50	4	2	1101	ORLANDO

TOTAL  STREETS :	85

Printed for SOE Staff Person ADAM STOKES

Status Codes	QLE_
Code	Name	Code	Name
APT/CONDO/DUPLEX	0	Odd
BAD ADDRESS	E	Even
COMMERCIAL	B	Both
OMO/DEMOLI SHED
ELECTION OFFICE
GRP/RES FACILITY
GOVERNMENT BLDG
HOMELESS/GEN DEL
INSTITUTE/CHURCH
CLB  CLUB/APT OFC
SCHOOLS
LAKE COUNTY
MIX RES/COM/ INS
NURSING/ASSI STED
0	OSCEOLA COUNTY
p	PO BOX/MAIL REQ
SNR/SENIOR APTS
RESIDENTIAL
s	SEMINOLE COUNTY
T	TMP  RES ADDRESS
u	UCF/MAILING REQ
V	VACANT PROPERTY
X	BOX/MAILING ONLY
z	NAME CHANGED

SECTION 5

2018 SPECIAL DISTRICTS QUALIFYING PROCEDURE

Florida Statute 99.061
All special districtcandidates shall qualify by paying afiling fee of $25.00 or by the petition process pursuant to Florida Statute 99.095. Notwithstanding Florida Statute 106.021, a Special District candidate who does not collect contributions and whose only expense is the filing fee or signature verification fee is not required to appoint a campaign treasurer or designate a primary campaign depository.
Candidates who WILL NOT incur electionexpenses or contributionswill do the following:
If you choose to file by petition method, you need to collect 25 signatures of qualified electors in the district.
Petitions mustbesubmittedbyNoon on May21, 2018.
Qualifying begins at Noon on fune 18 and ends at Noon on !une 22, 2018. To qualify you must present the items listed below (all items MUST be received by the end of the qualifying period):
Form 1- Statement of Financial Interest
loyalty Oath/Oath of Candidate
The amount of $25.00 for your qualifying fee.
Candidates filing by the petition method are not required to pay the qualifying fee, however, will be charged .10 for each petition card viewed.

Candidates who WILL incur election expenses or contributions will do the following:
File Appointment of Campaign Treasurer/Designation of Campaign Depository (open campaign account). This may be completed at any time prior to qualifying, but MUST be completed by the time you qualify.
Read Chapter 106 ofthe Florida Statutes, and submit a Statement of Candidate.
If you choose to file by petition method, you need to collect 25 signatures of qualified electors in the district.
Petitionsmustbe submitted byNoon on May21, 2018.
Qualifying begins at Noon on fune 18 and ends at Noon on fune 22, 2018. To qualify you must present the items listed below (all items MUST be received by the end of the qualifying period):
Form 1- Statement of Financial Interest
Loyalty Oath/Oath of Candidate
Check for $25.00, from your campaign account made payable to the Supervisor of Elections, for your qualifying fee. NO CASH WILL BE ACCEPTED.
Candidates filing by the petition method are not required to pay the qualifying fee, however, willbe charged . 10 for each petition card viewed.