Narcoossee
Community Development District Agenda
May 28, 2024

Agenda

Narcoossee
Community Development District

219 East Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526

May 21, 2024
Board of Supervisors Narcoossee Community Development District
Dear Board Members:
The Board of Supervisors of the Narcoossee Community Development District will meet Tuesday, May 28, 2024 at 3:00 p.m. at the Offices of GMS-CF, LLC, 6200 Lee Vista Blvd., Suite 300, Orlando, Florida 32822. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of Minutes from the March 26, 2024 Board of Supervisors Meeting
Consideration of Resolution 2024-03 Approving Fiscal Year 2025 Proposed Budget And Setting Public Hearing to Adopt
Discussion of Capri Sign Request
Update from MBS on Potential Bonds
Staff Reports
Attorney
Consideration of KVW Fee Agreement
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Registered Voters- 1,734
Other Business
Discussion with Commissioner Jim Gray
Supervisors Requests
Next Meeting Date- July 30, 2024
Adjournment

Minutes

MINUTES OF MEETING NARCOSSEE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Narcoossee Community Development District was held Tuesday, March 26, 2024 at 3:00 p.m. at the Offices of GMS- CF, LLC, 6200 Lee Vista Boulevard, Suite 300, Orlando, Florida.

Present and constituting a quorum were:
Steve Giercyk	Chairman
Ken Turner	Vice Chairman
Isabel Hanze	Assistant Secretary
Eli Garrett	Assistant Secretary
Peter Wong	Assistant Secretary Also present were:
Jason Showe	District Manager, GMS
Alan Scheerer	Field Manager, GMS
Roy Van Wyk	District Counsel, Kilinski Van Wyk Rey Malave joined late by phone	District Engineer

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There are only members of the Board and staff present.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the January 23,
2024 Board of Supervisors Meeting
Mr. Showe asked for any corrections or changes to the January 23, 2024 Board of Supervisors meeting minutes. The Board had no changes to the minutes.

On MOTION by Mr. Wong seconded by Mr. Garrett, with all in favor the minutes of the January 23, 2024 Board of Supervisors meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2024-02 Relating
to the General Election and Qualifying Period Procedures
Mr. Showe stated this resolution goes over their qualifying period of election process for this year. There are going to be three seats up for election this year, seat #1, seat #2 and seat #4. He noted that all three of those seats will be in the November 2024 general election. He explained this outlines the qualifying process, which is in accordance with Florida Statutes. He stated that for someone to serve in those positions, they have to be at least 18 years of age, a legal citizen of the United States and of the State of Florida and of the CDD and the District itself. He added that it lays out the compensation in accordance with Florida Statutes as well as the term of office. He pointed out that the key thing is Exhibit A, which outlines the qualification period. The qualification period through the Orange County Supervisor of Elections is noon on June 10th through noon on June 14th. He added that most of the time they can actually qualify in advance of that, but that is when they formally submit all the paperwork through that process. He stated that it is either a $25 fee or they need 25 signatures to complete that process. He stated that if they are interested in running for those seats, they will have to go through the Supervisor of Elections and go through that qualification process.
*Rey Malave joined the meeting by phone at this time.

On MOTION by Mr. Giercyk seconded by Mr. Wong with all in favor Resolution 2024-02 Relating to the General Election and Qualifying Period Procedures was approved.

FIFTH ORDER OF BUSINESS	Review of Reserve Study
Mr. Showe stated the reserve study has been finalized at this point based on the feedback that they have received. They will have the proposed budget at the next meeting. Their intent based on this reserve study is to set a reserve amount of new assessments of about $51,000. He explained that was an average of their first 10 years of what they are saying to put in. He stated that the Board was certainly welcome to increase it or decrease it. He further explained that the way they build their reserve study is they want them to increase their reserves every year, which

they can do. But, if they do that every year the way they have scheduled it, they will have to do the mailed notice every single year, which is a difficult process. So, they like to set it at a point where they feel comfortable for the next five to ten years that way they just go through and do that assessment process one time and it average out to the amount that they would get over the 10-year period. He noted that was what they would bring back as the first draft in their budget next month.
After discussion, Mr. Showe recommended $51,000 annually (flat per home cost). There was a comment on the reserve study on page 4.9 where they left out one of the fences on Pond C. Mr. Showe responded that they would take a look at it and if it’s not included, they have a spreadsheet so they can add some to it. There was also a comment that the total layout of the District excluded the apartments. Mr. Scheerer responded that they were not going to reserve for the apartments. Mr. Showe also responded that the CDD doesn’t have any infrastructure there. Mr. Scheerer noted that there was nothing in Tract G and nothing in Tract H. There was a question asked on if there was going to be a privacy wall. Mr. Scheerer responded that he didn’t want to speak for the engineer, but the engineer said that was many years down the road because they knew they were going to take a portion of the pond.
Mr. Malave stated that they were still in the first beginning phases of their development and that is a major expense. He explained that they were kind of letting that happen over the next few years. Mr. Malave was thinking it was a requirement of their development. After discussion, it was decided to see if they can adjust for fence and apartments. Mr. Showe stated that they would take the comments and see if they can get an update. He explained that they have a spreadsheet, and they can make changes as they move forward.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk noted that he was happy to be there. He introduced Chris to the Board. Chris will be helping them out. He noted that they are waiting to see what the Governor signs because a lot is still up in the air. He noted they would have changes and would be coming back with recommended changes to their rules to meet those updates. He reminded the Board of the ethics training. He noted that they have until the end of the year. There was a question on where the retention pond will have the overflow and if it will be large enough for their community after the road is built. It was noted that it was not going to be that big of a piece of water that they

would actually utilize it. Mr. Scheerer responded that they would have to account for their stormwater runoff in some way, shape or form. The question was asked where the pond next to Mirabella runs into. Mr. Scheerer explained that it discharges where the road is going. He further explained that right now their storm inlet from Mirabella on the east side on the pond is the outfall structure and that discharge is currently into the wetlands conservation area and then it goes through the pipes. There was discussion on getting Commissioner Jim Gray to come to one of their meetings soon. The impact on residents for the project coming on was discussed and there was noted concern.

Engineer
The Board asked Mr. Malave when the project was going to be started, Mr. Malave explained that the project was a major expense because it’s a major bridge over the expressway that they have to pay for and get approvals on. He thinks they are trying to put it back as far out as they can from a perspective of expenditures. Mr. Malave is going to try and see if he can get a better idea from the city and will report back to the Board. He noted that he thinks it will be in the next five years. The question was asked if the masonry damage on page 49 would eventually collapse. Mr. Scheerer responded that it is something they are working on. Mr. Malave responded that they didn’t think it would collapse, but it needs to be worked on. They are going to get information on the damage and will bring it back to the Board.

Manager
Approval of Check Register
Mr. Showe presented the check register. In the general fund, they have checks 2224 through 2229 for $140,504.46. He pointed out that $125,000 of that is just a transfer from the general fund to the debt service for their assessments that have been collected.

On MOTION by Mr. Giercyk seconded by Mr. Wong with all in favor the check register was approved.

Balance Sheet and Income Statement
Mr. Showe presented the balance sheet and income statement. He noted that there is no action required by the Board. He pointed out that they were performing a little better than budget to actuals and they are about 80% collected on their assessments.
Mr. Scheerer stated that he didn’t have much update on the field side, but he had been talking to Ms. Hanze about her request for a new entry. He explained that Ms. Hanze sent him a couple of renderings that she would like to see for the Mirabella, and he sent them over to the UCC group. He noted that just an estimated cost was around $55,000 per entrance. Ms. Hanze clarified that she was mostly talking about changing the face the name of their Mirabella sign and the backsplash, not the whole thing. Mr. Scheerer responded that he would work on just the backdrop. Lighting at the entrance was discussed also. Mr. Scheerer is going to ask for assistance on LED lighting. Mr. Scheerer added that they were going to weekly mowing starting on April Fools Day.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors Requests
Mr. Wong asked if Jim was okay with the things he wanted done for NonaCrest. Mr.
Scheerer responded that Jim’s things were done.

NINTH ORDER OF BUSINESS	Next Meeting Date – May 28, 2024
Mr. Showe stated the next meeting is May 28, 2024.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Giercyk seconded by Mr. Turner with all in favor the meeting adjourned.

	
Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2024-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NARCOOSSEE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025 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, 2024, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2025”); 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 2025 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:	July 30, 2024
HOUR:	3:00 PM
LOCATION:	Office of GMS Central Florida
6200 Lee Vista Blvd. Suite 300
Orlando, FL 32812
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 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 of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 28th DAY OF MAY 2024.

ATTEST:	NARCCOOSSEE COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2025

Exhibit A
Proposed Budget for Fiscal Year 2025

[See following pages]

Narcoossee
Community Development District

Proposed Budget
FY 2025

Table of Contents

1-2

3-9

10

11

12

13

14

15

General Fund

General Fund Narrative

O&M Assessment Allocation Chart

Debt Service Fund

Amortization Schedule - Series 2013 A-1

Amortization Schedule - Series 2013 A-2

Debt Service Assessment Allocation Chart

Combined Capital Reserve Fund

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Proposed
Budget	
	FY2024	4/30/24	5 Months	9/30/24	FY2025	

Revenues						

Maintenance Assessments	$	453,836	$	397,277	
$	56,558	
$	453,836	
$	590,210	
Interest	$	-	$	878	$	627	$	1,505	$	752	
Beginning Fund Balance*	$	30,132	$	35,533	$	-	$	35,533	$	9,704	
Total Revenues	$	483,968	$	433,688	$	57,185	$	490,874	$	600,667	

Expenditures						
Administrative
Supervisor Fees	
$	6,000	
$	3,400	
$	2,500	
$	5,900	
$	6,000	
FICA Expense	$	459	$	260	$	191	$	451	$	459	
Engineering Fees	$	7,800	$	1,088	$	6,713	$	7,800	$	7,800	
Assessment Roll	$	5,000	$	5,000	$	-	$	5,000	$	5,250	
Attorney	$	12,000	$	6,833	$	5,000	$	11,833	$	12,000	
Annual Audit	$	3,150	$	3,105	$	-	$	3,105	$	3,150	
Dissemination Agent	$	1,325	$	773	$	552	$	1,325	$	1,392	
Arbitrage	$	600	$	600	$	-	$	600	$	600	
Trustee Fees	$	3,000	$	2,963	$	-	$	2,963	$	3,000	
Management Fees	$	52,279	$	30,496	$	21,783	$	52,279	$	56,200	
Information Technology	$	1,590	$	928	$	663	$	1,590	$	1,670	
Website Maintenance	$	1,272	$	742	$	530	$	1,272	$	1,336	
Telephone	$	25	$	-	$	10	$	10	$	25	
Postage	$	450	$	131	$	188	$	319	$	450	
Insurance	$	35,364	$	33,204	$	-	$	33,204	$	37,262	
Printing & Binding	$	200	$	19	$	83	$	103	$	200	
Legal Advertising	$	1,900	$	-	$	1,900	$	1,900	$	1,900	
Other Current Charges	$	2,000	$	782	$	725	$	1,507	$	2,000	
Office Supplies	$	50	$	2	$	21	$	23	$	50	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Contingency	$	274	$	5,500	$	274	$	5,774	$	274	
Administrative Expenses	$	134,912	$	96,000	$	41,132	$	137,132	$	141,193	

Maintenance						
NonaCrest						
Field Management	$	4,773	$	2,785	$	1,989	$	4,773	$	5,012	
Landscape Maintenance	$	54,540	$	31,815	$	22,725	$	54,540	$	55,767	
Irrigation Repairs	$	5,000	$	2,461	$	2,539	$	5,000	$	5,000	
Lake Maintenance	$	4,775	$	2,653	$	1,895	$	4,548	$	4,684	
Wall Repairs/Cleaning	$	2,500	$	-	$	2,500	$	2,500	$	2,500	
Feature Lighting	$	1,000	$	2,735	$	-	$	2,735	$	1,000	
Miscellaneous Common Area	$	5,000	$	6,878	$	-	$	6,878	$	5,000	
Tree Trimming	$	-	$	-	$	-	$	-	$	24,384	
Total Nona Crest	$	77,589	$	49,327	$	31,648	$	80,975	$	103,348	

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Proposed
Budget	
	FY2024	4/30/24	5 Months	9/30/24	FY2025	
La Vina						
Field Management	$	12,222	$	7,129	$	5,092	$	12,221	$	12,833	
Landscape Maintenance	$	82,172	$	47,934	$	34,238	$	82,172	$	84,021	
Irrigation Repairs	$	10,500	$	1,974	$	4,375	$	6,349	$	10,500	
Lake Maintenance	$	5,064	$	2,814	$	2,010	$	4,823	$	4,968	
Utilities	$	6,072	$	3,868	$	2,204	$	6,072	$	6,679	
Wall Repairs/Cleaning	$	3,000	$	370	$	1,250	$	1,620	$	3,000	
Solvino Streetlighting	$	3,168	$	1,498	$	1,670	$	3,168	$	3,485	
Capri Streetlighting	$	4,356	$	1,990	$	2,040	$	4,030	$	4,433	
Miscellaneous Common Area	$	5,000	$	6,433	$	-	$	6,433	$	5,000	
Tree Trimming	$	-	$	-	$	-	$	-	$	35,302	
Total La Vina	$	131,554	$	74,010	$	52,880	$	126,889	$	170,221	

Nona Preserve						
Field Management	$	5,270	$	3,074	$	2,196	$	5,270	$	5,533	
Landscape Maintenance	$	58,500	$	34,125	$	24,375	$	58,500	$	59,816	
Irrigation Repairs	$	4,500	$	-	$	1,875	$	1,875	$	4,500	
Lake Maintenance	$	4,813	$	2,674	$	1,910	$	4,584	$	4,722	
Miscellaneous Common Area	$	2,500	$	-	$	1,700	$	1,700	$	2,500	
Tree Trimming	$	-	$	-	$	-	$	-	$	13,151	
Total Nona Preserve	$	75,583	$	39,873	$	32,056	$	71,929	$	90,222	

Parcels G & H						
Field Management	$	3,147	$	1,836	$	1,311	$	3,147	$	3,305	
Landscape Maintenance	$	29,248	$	17,061	$	12,187	$	29,248	$	29,906	
Lake Maintenance	$	1,803	$	1,001	$	715	$	1,717	$	1,768	
Total Parcels G & H	$	34,198	$	19,899	$	14,213	$	34,112	$	34,979	
						
Total Maintenance Expenditures	$	318,924	$	183,108	$	130,797	$	313,905	$	398,770	

Other Sources/(Uses)
Transfer Out to Capital Reserves	

$	30,132	

$	16,514	

$	13,618	

$	30,132	

$	9,704	
Reserve Contribution - Nona Crest	$	-	$	-	$	-	$	-	$	9,886	
Reserve Contribution - La Vina	$	-	$	-	$	-	$	-	$	9,960	
Reserve Contribution - Nona Preserve	$	-	$	-	$	-	$	-	$	8,379	
Reserve Contribution - Parcels G & H	$	-	$	-	$	-	$	-	$	22,775	
Total Other Sources/(Uses)	$	30,132	$	16,514	$	13,618	$	30,132	$	60,704	

Total Expenditures

$

483,968	$

295,622	$

185,547	$

481,169	$

600,667

Excess Revenues/(Expenditures)*	$	0	$	138,066	$	(128,362)	$	9,704	$	-	

* Reduced for First Quarter Operating	
Net Assessments	
$590,963	
	Add: Discounts & Collections	$37,721	
	Gross Assessments	$628,684	

Revenues:

Maintenance Assessments

The District will levy a non-ad valorem special assessment on all taxable property within the District, to fund all General Operating and Maintenance Expenditures for the fiscal year.

Beginning 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 Board 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, KE Law Group, PLLC provides general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, agreements, resolutions, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Grau & Associates provides 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 requirements 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 arbitrage rebate calculation on the District’s Series 2013A-1 & 2013 A-2 Special Assessment Revenue Bonds. The District hired Grau & Associates to calculate the rebate liability and submit a report to the District.

Trustee Fees

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

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. These services include, but are not limited to, advertising, recording and transcribing of Board Meetings, administrative services, budget preparation, financial reporting, and assisting with annual audits.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Telephone

Telephone and fax machine.

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 are required 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 are 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, file folders, binders, pens, paper clips, and other such office supplies. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Commerce for $175. This is the only expense under this category for the District.

Contingency

Represents any other miscellaneous charges that the District may incur.

Maintenance:

Nona Crest

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 Yellowstone Landscape 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: Yellowstone Landscape	Annual Costs
Landscape Maintenance: Contract Cost of $4,647.25 monthly	$55,767
Total Costs	$55,767
Irrigation Repairs

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 and algae, herbiciding, and algae control and removal.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Lake Maintenance: Contract Cost of $390.33 monthly	$4,684
Total Costs	$4,684
Wall Repair/Cleaning
The District will incur expenditures to maintain the wall. Includes cleaning and landscaping.

Feature Lighting
Replacement and repair of up light fixtures.

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

Tree Trimming
Estimated cost for tree trimming within the District.

La Vina

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 Yellowstone Landscape 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: Yellowstone Landscape	Annual Costs
Landscape Maintenance: Contract Cost of $7,001.75 monthly	$84,021
Total Costs	$84,021

Irrigation Repairs

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 and algae, herbiciding, and algae control and removal. The amount also includes unscheduled maintenance.

Vendor: Applied Aquatic Management, Inc.	Annual Costs
Lake Maintenance: Contract Cost of $414 month	$4,968
Total Costs	$4,968
Utilities

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

Vendor: Orlando Utilities Commission	Annual Costs
Reclaimed Water - $540.1/month	$6,481.2
Electric - $16.5/month	$198
Total Costs	$6,679.2
Wall Repairs/Cleaning
Funding for cleaning or needed repairs of La Vina District wall.

Solvino Streetlighting
The District funds the streetlights within the Solvino community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $290.42/month	$3,485
Capri Streetlighting

The District funds the streetlights within the Capri community.

Vendor: Orlando Utilities Commission	Annual Costs
Electric - $369.42/month	$4,433
Miscellaneous Common Area Maintenance

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

Tree Trimming
Estimated cost for tree trimming within the District.

Nona Preserve

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 Yellowstone Landscape 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: Yellowstone Landscape	Annual Costs
Landscape Maintenance: Contract Cost of $4,984.67 monthly	$59,816
Irrigation Repairs

Irrigation maintenance expenditures that may occur during the fiscal year.

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.	Annual Costs
Lake Maintenance: Contract Cost of $393.5 monthly	$4,722
Miscellaneous Common Area Maintenance
Miscellaneous common area maintenance expenditures that may occur during the fiscal year.

Tree Trimming
Estimated cost for tree trimming within the District.

Parcel G & H

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 Yellowstone Landscape 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: Yellowstone Landscape	Annual Costs
Landscape Maintenance: Contract Cost of $2,492.17 monthly	$29,906

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.	Annual Costs
Lake Maintenance: Contract Cost of $147.33 monthly	$1768

Transfer Out – Capital Reserve Fund

Represents projected excess funds above operating capital requirements in the General Fund.

Reserve Contribution
At the direction of the Board that recognizes the need for proper reserve planning, we have conducted a Reserve Study of Narcoossee Community Development District.

Narcoossee
Community Development District
Proposed Budget Maintenance Assessment Calculation

Subdivision

Track

Units

Total Proposed Annual Gross	Proposed Gross Street Lighting	Gross
Maintenance		Maintenance	 Supplement	Maintenance Per		Increase Per Unit FY24	Per Unit FY25	Assessment		Unit FY25	(Decrease)

O&M

NonaCrest		C	SF50	159	$	410.27	$	556.05	N/A	$	556.05	$	145.78	$	88,413	
		D	SF70		110		$	410.27	$	556.05	N/A	$	556.05	$	145.78	$	61,166	

LaVina	

Mirabella	

A	

SF50	269

107	

$	590.32	

$	784.47	

N/A	

$	784.47	

$	194.16	

$	83,938	
	Ziani	B	SF75	66	$	590.32	$	784.47	N/A	$	784.47	$	194.16	$	51,775	
	Capri	E	SF50	48	$	590.32	$	784.47	$	98.24	$	882.71	$	292.40	$	42,370	
	Solvino	F	SF50		50		$	590.32	$	784.47	$	74.14	$	858.62	$	268.30	$	42,931	
				271							

Lake Nona Preserve	
K	
Multi	
228	
$	456.09	
$	568.31	
N/A	
$	568.31	
$	112.22	
$	129,574	
	G	Comm/Office	130704	$	0.16	$	0.21	N/A	$	0.21	$	0.05	$	27,106	
	G	Multi Family	420	$	162.13	$	207.38	N/A	$	207.38	$	45.25	$	87,101	
	H	Comm/Office	69000	$	0.16	$	0.21	N/A	$	0.21	$	0.05	$	14,310	
Total Gross Assessments									$	628,684	

Proposed Budget Debt Service Fund

	Adopted Budget	Actual thru	Projected Next	Total Projected	Proposed Budget	
	FY2024	4/30/24	5 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	317,584	$	278,005	$	39,579	$	317,584	$	317,584	
Interest Income	$	-	$	11,694	$	8,353	$	20,047	$	10,023	
Carry Forward Surplus	$	258,874	$	271,306	$	-	$	271,306	$	297,158	
Total Revenues	$	576,457	$	561,005	$	47,931	$	608,937	$	624,765	
Expenditures						

Series 2013A-1
Interest - 11/1	

$	34,374	

$	34,374	

$	-	

$	34,374	

$	31,749	
Principal - 5/1	$	140,000	$	-	$	140,000	$	140,000	$	145,000	
Interest - 5/1	$	34,374	$	-	$	34,374	$	34,374	$	31,749	
Series 2013A-2						
Interest - 11/1	$	21,516	$	21,516	$	-	$	21,516	$	19,828	
Principal - 5/1	$	60,000	$	-	$	60,000	$	60,000	$	60,000	
Interest - 5/1	$	21,516	$	-	$	21,516	$	21,516	$	19,828	
Total Expenditures	$	311,779	$	55,889	$	255,889	$	311,779	$	308,154	
						
Excess Revenues/(Expenditures)*	$	264,679	$	505,116	$	(207,958)	$	297,158	$	316,611	
			
Series 2013A-1	
Nov 1, 2025	
$	28,921.25	
			Series 2013A-2	Nov 1, 2025	 $	18,140.63 	

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

$47,062

Net Assessments	$317,584	
Add: Discounts & Collections	$20,271	
Gross Assessments	$337,855	

Date		Balance	Prinicpal	Interest	Total	
						
11/01/24	$	1,550,000.00	$	-	$	31,748.75	$	206,122.50	
05/01/25	$	1,550,000.00	$	145,000.00	$	31,748.75		
11/01/25	$	1,405,000.00	$	-	$	28,921.25	$	205,670.00	
05/01/26	$	1,405,000.00	$	150,000.00	$	28,921.25		
11/01/26	$	1,255,000.00	$	-	$	25,921.25	$	204,842.50	
05/01/27	$	1,255,000.00	$	160,000.00	$	25,921.25		
11/01/27	$	1,095,000.00	$	-	$	22,721.25	$	208,642.50	
05/01/28	$	1,095,000.00	$	165,000.00	$	22,721.25		
11/01/28	$	930,000.00	$	-	$	19,297.50	$	207,018.75	
05/01/29	$	930,000.00	$	170,000.00	$	19,297.50		
11/01/29	$	760,000.00	$	-	$	15,770.00	$	205,067.50	
05/01/30	$	760,000.00	$	180,000.00	$	15,770.00		
11/01/30	$	580,000.00	$	-	$	12,035.00	$	207,805.00	
05/01/31	$	580,000.00	$	185,000.00	$	12,035.00		
11/01/31	$	395,000.00	$	-	$	8,196.25	$	205,231.25	
05/01/32	$	395,000.00	$	195,000.00	$	8,196.25		
11/01/32	$	200,000.00	$	-	$	4,150.00	$	207,346.25	
05/01/33	$	200,000.00	$	200,000.00	$	4,150.00	$	204,150.00	
			$	1,550,000.00	$	337,522.50	$	2,061,896.25	

Date		Balance	Prinicpal	Interest	Total	
						
11/01/24	$	705,000.00	$	-	$	19,828.13	$	101,343.75	
05/01/25	$	705,000.00	$	60,000.00	$	19,828.13		
11/01/25	$	645,000.00	$	-	$	18,140.63	$	97,968.75	
05/01/26	$	645,000.00	$	65,000.00	$	18,140.63		
11/01/26	$	580,000.00	$	-	$	16,312.50	$	99,453.13	
05/01/27	$	580,000.00	$	70,000.00	$	16,312.50		
11/01/27	$	510,000.00	$	-	$	14,343.75	$	100,656.25	
05/01/28	$	510,000.00	$	75,000.00	$	14,343.75		
11/01/28	$	435,000.00	$	-	$	12,234.38	$	101,578.13	
05/01/29	$	435,000.00	$	80,000.00	$	12,234.38		
11/01/29	$	355,000.00	$	-	$	9,984.38	$	102,218.75	
05/01/30	$	355,000.00	$	85,000.00	$	9,984.38		
11/01/30	$	270,000.00	$	-	$	7,593.75	$	102,578.13	
05/01/31	$	270,000.00	$	85,000.00	$	7,593.75		
11/01/31	$	185,000.00	$	-	$	5,203.13	$	97,796.88	
05/01/32	$	185,000.00	$	90,000.00	$	5,203.13		
11/01/32	$	95,000.00	$	-	$	2,671.88	$	97,875.00	
05/01/33	$	95,000.00	$	95,000.00	$	2,671.88	$	97,671.88	
			$	705,000.00	$	212,625.00	$	999,140.63	

	Proposed Budget
Debt Assessment Calculation		
		Proposed		

Subdivision	

Track	Units	FY2025
Annual Gross Debt Per Unit	

Total Debt	
NonaCrest	C	SF50	158	$	301.13	$	47,579	
	D	SF70	111	$	481.81	$	53,481	
LaVina				
	A	SF50	107	$	301.13	$	32,221	
	B	SF75	65	$	566.13	$	36,798	
	E	SF50	48	$	301.13	$	14,454	
	F	SF50	50	$	301.13	$	15,057	
Lake Nona Preserve	K	Multi	228	$	240.91	$	54,927	
	G	Comm/Office	130704	$	0.20	$	26,141	
	G	Multi Family	370	$	117.29	$	43,397	
	H	Comm/Office	69000	$	0.20	$	13,800	

Total Gross Assessment	$	337,855

Adopted Budget Combined Capital Reserve Fund

	Adopted
Budget	Actual
thru	Projected
Next	Total
Projected	Proposed
Budget	
	FY2024	4/30/24	5 Months	9/30/24	FY2025	

Revenues						
Transfer In	$	30,132	$	16,514	$	13,618	$	30,132	$	9,704	
Interest	$	-	$	18	$	13	$	30	$	15	
Reserve Contribution	$	-	$	-	$	-	$	-	$	51,000	
Carry Forward Surplus	$	269,104	$	298,733	$	-	$	298,733	$	311,429	
Total Revenues	$	299,236	$	315,264	$	13,631	$	328,895	$	372,149	

Expenditures						
Capital Projects	$	17,000	$	16,514	$	486	$	17,000	$	17,000	
Contingency	$	2,000	$	272	$	194	$	466	$	2,000	
Well Repair	$	-	$	-	$	-	$	-	$	100,000	
Total Expenditures	$	19,000	$	16,786	$	680	$	17,466	$	119,000	
						
Excess Revenues/(Expenditures)	$	280,236	$	298,479	$	12,951	$	311,429	$	253,149	

Section V

Capri

HOA Meeting
Date	Time Address
-

Section VII

Section A

Section 1

KVI
KILINSKI  I  VA	lVYK
517 E. College Avenue, Tallahassee, FL 32301

KILINSKI I VAN WVK PLLC FEE AGREEMENT NARCOOSSEE CDD

PARTIES
THIS AGREEMENT is made and entered into by and between the following parties:

Narcoossee Community Development District ("the Client") 219 East Livingston Street
Orlando, Florida 32801 Attn: District Manager
and
KILINSKI I VANWYK, PLLC ("Kilinski I Van Wyk")
517 E. College Avenue Tallahassee, FL 32301

SCOPE OF SERVICES
In consideration of the mutual undertakings and agreements contained herein, the parties agree as follows:
A   The Client agrees to employ and retain Kilinski I Van Wyk as its general legal counsel.

B.	Kilinski I Van Wyk accepts such employment and agrees to serve as attorney for and provide legal representation to the Client in connection with those matters referenced above.

CLIENT FILES
The files and work product material ("client file") of the Client generated or received by Kilinski I Van Wyk will be maintained by Kilinski I Van Wyk in its regular offices. At the conclusion of the representation, the client file will be stored by Kilinski I Van Wyk for a minimum of five (5) years. After the five (5) year storage period, the Client hereby acknowledges and consents that Kilinski I Van Wyk may confidentially destroy or shred the client file, unless Kilinski I Van Wyk is provided a written request from the Client requesting return of the client file, to which Kilinski I Van Wyk will return the client file at the Client's

expense.
FEES
The Client agrees to compensate Kilinski I Van Wyk for services rendered in connection with any matters covered by this Agreement according to the agreed upon hourly billing rates for individual Kilinski I Van Wyk lawyers, plus actual expenses incurred by Kilinski I Van Wyk in accordance with the attached standard Expense Reimbursement Policy (Attachment A,
incorporated herein by reference). For Fiscal Year 2024, the discounted hourly rates will be
$350 - $405 per hour for partners, $325- $395 for of-counsel lawyers, $265-$325 per hour for associates, and $200 per hour for paralegals. All hourly rates may be increased annually by up to $15 per hour.
To the extent practicable and consistent with the requirements of sound legal representation, Kilinski I Van Wyk will attempt to reduce Client's bills by assigning each task
to the person best able to perform it at the lowest rate, so long as he or she has the requisite knowledge and experience. Kilinski I Van Wyk's hourly billing rates are reevaluated annually prior to the beginning of the calendar year and are subject to change each year at that time. Client agrees to Kilinski I Van Wyk's annual rate increases to the extent hourly rates are not increased beyond $15/hour for attorneys working on this matter.

In addition to billing for hourly rates, Kilinski I Van Wyk will include costs and expenses (including interest charges on past-due statements) on its billing statements for Client reimbursement in accordance with the attached standard Expense Reimbursement Policy (Attachment A).

	FLORIDA EXECUTIVE AND LEGISLATIVE BRANCH LOBBYING LAWS
Florida law requires any individual participating in executive or legislative branch lobbying to register as an executive or legislative branch lobbyist and report any fees associated with such representation. To the extent that Kilinski I Van Wyk represents Client on matters before executive branch agencies, or before applicable legislative entities, Client agrees to sign client consent forms required by Florida lobbying law and agrees to registration ofKilinski
I Van Wyk attorneys as lobbyists and the reporting of fees associated with such representation.

BILLING AND PAYMENT
The Client agrees to pay Kilinski I Van Wyk monthly billings for fees and expenses incurred within thirty (30) days following receipt of a statement from Kilinski I Van Wyk. Kilinski I Van Wyk shall not be obligated to perform further legal services under this Fee Agreement if any such billing statement remains unpaid longer than thirty (30) days after
submittal to and receipt by Client. Non-payment of fees shall be a basis for Kilinski I Van Wyk to immediately withdraw from the representation without regard to remaining actions necessitating attention by Kilinski I Van Wyk as part of the representation.

DEFAULT
In the event of a dispute arising under this Agreement, whether or not a lawsuit or other proceeding is filed, the prevailing party shall be entitled to recover its reasonable attorneys' fees and costs, including attorneys' fees and costs incurred in litigating entitlement to attorneys' fees and costs, as well as in determining or quantifying the amount of recoverable attorneys' fees and costs. The reasonable costs to which the prevailing party is entitled shall include costs that are taxable under any applicable statute, rule, or guideline, as well as non-taxable costs, including, but not limited to, costs of investigation, telephone charges, mailing and delivery charges, information technology support charges, consultant and expert witness fees, travel expenses, court reporter fees, and mediator fees, regardless of whether such costs are otherwise taxable. Venue of any such action shall be exclusive in the state courts of the Second Judicial Circuit in and for Leon County, Florida.

CONFLICTS
It is important to disclose that Kilinski I Van Wyk represents a number of special districts, builders, developers, and other entities throughout Florida relating to community development districts and other special districts. By accepting this Agreement, Client agrees that (1) Client was provided with an explanation of the implications of the common representation(s) and the advantages and risks involved; (2) Kilinski I Van Wyk will be able to provide competent and diligent representation of Client, regardless of Kilinski I Van Wyk's other representations, and
(3) there is not a substantial risk that Kilinski I Van Wyk's representation of Client would be materially limited by Kilinski I Van Wyk's responsibilities to another client, a former client or a third person or by a personal interest. Acceptance of this fee proposal will constitute your waiver of any "conflict" with Kilinski I Van Wyk's representation of various special districts, builders, developers, and other entities relating to community development districts and other special districts in Florida.

TERMINATION
Either party may terminate this Fee Agreement upon providing prior written notice to the other party at its regular place of business. All fees due and payable in accordance with this Agreement shall accrue and become payable pursuant to the terms of this Agreement through the date of termination.

EXECUTION OF AGREEMENT

This Agreement shall be deemed fully executed upon its signing by Kilinski I Van Wyk and the Client. The contract formed between Kilinski I Van Wyk and the Client shall be the operational contract between the parties.

ENTIRE CONTRACT
This Agreement constitutes the entire agreement between the parties.

Accepted and Agreed to:

Narcoossee Community Development District

By	­
Date: -----------

By: Roy Van Wyk Date: May 21, 2024

ATTACHMENT A
KILINSKI I VANWYK PLLC EXPENSE REIMBURSEMENT POLICY

The following is the expense reimbursement policy for the Agreement. All expenses are billed monthly. Billings ordinarily reflect expenses for the most recent month, except where there are delays in receiving bills from third party vendors.

Telephone. All telephone charges are billed at an amount approximating actual cost.

Facsimile. There are no charges for faxes.

Postage. Postage is billed at actual cost.

Overnight Delivery. Overnight delivery is billed at actual cost.

Travel. Travel (including airfare, rental cars, taxicabs, hotel, meals, tips, etc.) is billed at actual cost. Where air travel is required, coach class is used wherever feasible. Out-of-town mileage is billed at the IRS approved reimbursement rate.

Other Expenses. Other outside expenses, such as court reporters, agency copies, large print projects, etc. are billed at actual cost.

Word Processing and Secretarial Overtime. No charge is made for word processing. No charge is made for secretarial overtime except in major litigation matters where unusual overtime demands are imposed.

Section C

Section 1

Narcoossee Community Development District

Summary of Check Register

February 13, 2024 through May 17, 2024

Fund	Date	Check No.'s	Amount

General Fund		
	2/14/24	2230-2231	$	7,807.46	
	2/21/24	2232-2233	$	2,888.29	
	2/28/24	2234-2235	$	39,010.00	
	3/6/24	2236	$	2,156.19	
	3/13/24	2237-2239	$	10,890.15	
	3/20/24	2240-2242	$	145,570.54	
	3/27/24	2243-2244	$	1,676.00	
	4/3/24	2245	$	3,105.00	
	4/10/24	2246	$	2,963.13	
	4/17/24	2247-2248	$	32,075.66	
	4/24/24	2249-2252	$	22,847.91	
	5/1/24	2253	$	477.50	
	5/15/24	2254-2255	$	25,549.70	

Total Amount	$	297,017.53

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	1
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND
BANK A NARCOOSSEE-GENERAL

DATE		DATE	
2/14/24	00043	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	
	2/01/24	

	AMOUNT	#	
*	4,356.58			
*	106.00			
*	132.50			
*	110.42			
*	.66			
*	19.77			
*	9.90			
*	397.79			
*	1,018.45			
*	439.15			
*	262.28			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
459	202402 310-51300-34000
MANAGEMENT FEES - FEB 24
459	202402 310-51300-35200
WEBSITE ADMIN - FEB 24
459	202402 310-51300-35100
INFORMATION TECH - FEB 24
459	202402 310-51300-31300
DISSEMINATION - FEB 24
459	202402 310-51300-51000
OFFICE SUPPLIES
459	202402 310-51300-42000
POSTAGE
459	202402 310-51300-42500
COPIES
460	202402 320-53800-12000
FIELD MANAGEMENT - FEB 24
460	202402 330-53800-12000
FIELD MANAGEMENT - FEB 24
460	202402 340-53800-12000
FIELD MANAGEMENT - FEB 24
460	202402 350-53800-12000

	6,853.50	002230	
- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
*							953.96			

FIELD MANAGEMENT - FEB 24
GOVERNMENTAL MANAGEMENT SERVICES
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/14/24 00090	2/07/24 OE 65710 202401 320-53800-46400
IRRIGATION REPAIRS
YELLOWSTONE LANDSCAPE	953.96 002231
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/24 00072	2/12/24 2397629	202401 310-51300-31100	*	610.00
GENERAL ENGINEERING JAN24
DEWBERRY ENGINEERS INC.	610.00 002232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/24 00087	2/12/24 8776	202401 310-51300-31500	*	340.00
GENERAL COUNSEL - JAN 24
2/14/24 8789	202401 310-51300-31500	*	1,938.29
MTHLY MEETING - JAN 24
KILINSKI | VAN WYK, PLLC	2,278.29 002233
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/28/24 00080	2/22/24 5469	202402 320-53800-46000	*	1,600.00
TREE ROOT REMOVAL
BERRY CONSTRUCTION, INC	1,600.00 002234
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/28/24 00090	1/01/24 OE 64517 202401 320-53800-46200	*	4,545.00 LANDSCAPE MAINT NC JAN24
1/01/24 OE 64517 202401 330-53800-46200	*	6,847.69 LANDSCAPE MAINT LV JAN24
NARC -NARCOOSSEE -	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	2
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND
BANK A NARCOOSSEE-GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/01/24 OE 64517 202401 340-53800-46200	*	4,875.00 LANDSCAPE MAINT NP JAN24
1/01/24 OE 64517 202401 350-53800-46200	*	2,437.31 LANDSCAPE MAINT GH JAN24
2/01/24 OE 65002 202402 320-53800-46200	*	4,545.00 LANDSCAPE MAINT NC FEB24
2/01/24 OE 65002 202402 330-53800-46200	*	6,847.69 LANDSCAPE MAINT LV FEB24
2/01/24 OE 65002 202402 340-53800-46200	*	4,875.00 LANDSCAPE MAINT NP FEB24
2/01/24 OE 65002 202402 350-53800-46200	*	2,437.31 LANDSCAPE MAINT GH FEB24
YELLOWSTONE LANDSCAPE	37,410.00 002235
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/24 00090	2/29/24 OE 66262 202402 330-53800-46000	*	2,156.19 DOWDEN MEDIAN GRASS REMOV
YELLOWSTONE LANDSCAPE	2,156.19 002236
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/24 00022	2/29/24 218051	202402 330-53800-46300	*	401.94
POND MAINT LV FEB24
2/29/24 218051	202402 350-53800-46300	*	143.06
POND MAINT GH FEB24
2/29/24 218052	202402 320-53800-46300	*	379.00
POND MAINT NC FEB24
2/29/24 218053	202402 340-53800-46300	*	382.00
POND MAINT NP FEB24
APPLIED AQUATIC MANAGEMENT, INC.	1,306.00 002237
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/24 00080	3/07/24 5472	202402 320-53800-46500	*	2,735.00
ENTRY FEATURE LIGHTING
BERRY CONSTRUCTION, INC	2,735.00 002238
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/24 00043	3/01/24 461	202403 310-51300-34000	*	4,356.58
MANAGEMENT FEES - MAR 24
3/01/24 461	202403 310-51300-35200	*	106.00
WEBSITE ADMIN - MAR 24
3/01/24 461	202403 310-51300-35100	*	132.50
INFORMATION TECH - MAR 24
3/01/24 461	202403 310-51300-31300	*	110.42
DISSEMINATION - MAR 24
3/01/24 461	202403 310-51300-51000	*	.33
OFFICE SUPPLIES
3/01/24 461	202403 310-51300-42000	*	25.65
POSTAGE
3/01/24 462	202403 320-53800-12000	*	397.79
FIELD MANAGEMENT - MAR 24
NARC -NARCOOSSEE -	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	3
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND
BANK A NARCOOSSEE-GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/01/24 462	202403 330-53800-12000	*	1,018.45
FIELD MANAGEMENT - MAR 24
3/01/24 462	202403 340-53800-12000	*	439.15
FIELD MANAGEMENT - MAR 24
3/01/24 462	202403 350-53800-12000	*	262.28
FIELD MANAGEMENT - MAR 24
GOVERNMENTAL MANAGEMENT SERVICES	6,849.15 002239
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/24 00087	3/08/24 8926	202402 310-51300-31500	*	76.00
GENERAL COUNSEL - FEB 24
KILINSKI | VAN WYK, PLLC	76.00 002240
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/24 00034	3/15/24 03152024 202403 300-20700-10500	*	126,789.54
TSFR TAX RECEIPTS S2013
NARCOOSSEE CDD C/O US BANK	126,789.54 002241
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/24 00090	3/01/24 OE 66307 202403 320-53800-46200	*	4,545.00 LANDSCAPE MAINT NC MAR24
3/01/24 OE 66307 202403 330-53800-46200	*	6,847.69 LANDSCAPE MAINT LV MAR24
3/01/24 OE 66307 202403 340-53800-46200	*	4,875.00 LANDSCAPE MAINT NP MAR24
3/01/24 OE 66307 202403 350-53800-46200	*	2,437.31 LANDSCAPE MAINT GH MAR24
YELLOWSTONE LANDSCAPE	18,705.00 002242
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/24 00022	3/15/24 218490	202403 330-53800-46300	*	401.94
POND MAINT LV MAR 24
3/15/24 218490	202403 350-53800-46300	*	143.06
POND MAINT GH MAR 24
3/15/24 218491	202403 320-53800-46300	*	379.00
POND MAINT NC MAR 24
3/15/24 218492	202403 340-53800-46300	*	382.00
POND MAINT NP MAR 24
APPLIED AQUATIC MANAGEMENT, INC.	1,306.00 002243
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/24 00080	3/21/24 5491	202403 330-53800-46600	*	185.00
REPLACE LETTERING
3/21/24 5492	202403 330-53800-46600	*	185.00
REINSTALL LETTERING
BERRY CONSTRUCTION, INC	370.00 002244
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/24 00076	3/24/24 366189	202403 310-51300-32200	*	3,105.00
FY23 AUDIT
BERGER TOOMBS ELAM GAINES & FRANK	3,105.00 002245
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NARC -NARCOOSSEE -	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	4
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND
BANK A NARCOOSSEE-GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/10/24 00053	3/25/24 7265480	202403 310-51300-32300	*	1,728.49
TRUSTEE FEE S13A1&2 FY24
3/25/24 7265480	202403 300-15500-10000	*	1,234.64
TRUSTEE FEE S13A1&2 FY25
US BANK	2,963.13 002246

4/17/24 00043	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
463	202404 310-51300-34000	*	4,356.58
MANAGEMENT FEES - APR 24
463	202404 310-51300-35200	*	106.00
WEBSITE ADMIN - APR 24
463	202404 310-51300-35100	*	132.50
INFORMATION TECH - APR 24
463	202404 310-51300-31300	*	110.42
DISSEMINATION - APR 24
463	202404 310-51300-51000	*	.09
OFFICE SUPPLIES
463	202404 310-51300-42000	*	9.44
POSTAGE
4/01/24 463	202404 310-51300-42500	*	2.25
COPIES
4/01/24 464	202404 320-53800-12000	*	397.79
FIELD MANAGEMENT - APR 24
4/01/24 464	202404 330-53800-12000	*	1,018.45
FIELD MANAGEMENT - APR 24
4/01/24 464	202404 340-53800-12000	*	439.15
FIELD MANAGEMENT - APR 24
4/01/24 464	202404 350-53800-12000	*	262.28
FIELD MANAGEMENT - APR 24
GOVERNMENTAL MANAGEMENT SERVICES	6,834.95 002247
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/24 00034	4/17/24 41724	202404 300-20700-10500	*	25,240.71
TSFR TAX RECEIPTS S2013
NARCOOSSEE CDD C/O US BANK	25,240.71 002248
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/24 00022	4/15/24 218997	202404 330-53800-46300	*	401.94
POND MAINT LV APR 24
4/15/24 218997	202404 350-53800-46300	*	143.06
POND MAINT GH APR 24
4/15/24 218998	202404 340-53800-46300	*	382.00
POND MAINT NP APR 24
4/15/24 218999	202404 320-53800-46300	*	379.00
POND MAINT NC APR 24
APPLIED AQUATIC MANAGEMENT, INC.	1,306.00 002249
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/24 00045	4/16/24 25606	202402 310-51300-31700	*	600.00
ARBITRAGE S2013 02/28/24
GRAU & ASSOCIATES	600.00 002250
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NARC -NARCOOSSEE -	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	5
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND
BANK A NARCOOSSEE-GENERAL

DATE
4/24/24 00087	DATE
4/08/24	INVOICE
9171	YRMO
202403	DPT ACCT# SUB	SUBCLASS
310-51300-31500	
*	
499.00	AMOUNT	#	
	4/08/24	GENERAL COUNSEL - MAR 24
9172	202403 310-51300-31500	*	475.31			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

MTHLY MEETING - MAR24

KILINSKI | VAN WYK, PLLC	974.31 002251

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/24 00090	4/01/24 OE 67440 202404 320-53800-46200	*	4,545.00 LANDSCAPE MAINT NC APR24
4/01/24 OE 67440 202404 330-53800-46200	*	6,847.69 LANDSCAPE MAINT LV APR24
4/01/24 OE 67440 202404 340-53800-46200	*	4,875.00 LANDSCAPE MAINT NP APR24
4/01/24 OE 67440 202404 350-53800-46200	*	2,437.31 LANDSCAPE MAINT GH APR24
4/15/24 OE 68423 202404 320-53800-46400	*	995.80
IRRIGATION REPAIRS
4/15/24 OE 68423 202404 330-53800-46400	*	266.80
IRRIGATION REPAIRS
YELLOWSTONE LANDSCAPE	19,967.60 002252
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/01/24 00072	4/26/24 22405299 202403 310-51300-31100	*	477.50
GENERAL ENGINEERING MAR24
DEWBERRY ENGINEERS INC.	477.50 002253
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/15/24 00043	5/01/24 465	202405 310-51300-34000	*	4,356.58
MANAGEMENT FEES - MAY 24
5/01/24 465	202405 310-51300-35200	*	106.00
WEBSITE ADMIN - MAY 24
5/01/24 465	202405 310-51300-35100	*	132.50
INFORMATION TECH - MAY 24
5/01/24 465	202405 310-51300-31300	*	110.42
DISSEMINATION - MAY 24
5/01/24 465	202405 310-51300-51000	*	.36
OFFICE SUPPLIES
5/01/24 465	202405 310-51300-42000	*	21.17
POSTAGE
5/01/24 466	202405 320-53800-12000	*	397.79
FIELD MANAGEMENT - MAY 24
5/01/24 466	202405 330-53800-12000	*	1,018.45
FIELD MANAGEMENT - MAY 24
5/01/24 466	202405 340-53800-12000	*	439.15
FIELD MANAGEMENT - MAY 24
5/01/24 466	202405 350-53800-12000	*	262.28
FIELD MANAGEMENT - MAY 24
GOVERNMENTAL MANAGEMENT SERVICES	6,844.70 002254
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NARC -NARCOOSSEE -	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/17/24	PAGE	6
*** CHECK DATES 02/13/2024 - 05/17/2024 ***	NARCOOSSEE-GENERAL FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS	AMOUNT	....CHECK.....
AMOUNT	#	
5/15/24 00090	5/01/24 OE 69025 202405 320-53800-46200
5/01/24 OE 69025 202405 330-53800-46200	*
*	4,545.00
6,847.69	
	LANDSCAPE MAINT LV MAY 24
5/01/24 OE 69025 202405 340-53800-46200	*	4,875.00	
	LANDSCAPE MAINT NP MAY 24
5/01/24 OE 69025 202405 350-53800-46200	*	2,437.31	
	LANDSCAPE MAINT GH MAY 24
YELLOWSTONE LANDSCAPE		18,705.00 002255	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - -	- - - - - - - - - - - - - -	
	TOTAL FOR	BANK A	297,017.53	
	TOTAL FOR	REGISTER	297,017.53	

BANK A NARCOOSSEE-GENERAL

LANDSCAPE MAINT NC MAY 24

NARC -NARCOOSSEE -	ZYAN

Section 2

Narcoossee
Community Development District

Unaudited Financial Reporting
April 30,2024

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2013 A-1 & A-2	

5	
	Combined Capital Reserves Fund	

6-7	
	Month to Month	

8	
	Long Term Debt	

9	
	Assessment Receipt Schedule	

Combined Balance Sheet April 30, 2024

	General Fund	Debt Service Fund	Capital Reserve Funds	Totals Governmental Funds	
Assets:
Cash:
Operating Account	

$	221,404	$	

-	$	

-	

$	221,404	
Capital Reserve
Investments:	$	-	$	-	$	298,479	$	298,479	
Custody - Excess Funds Series 2013 A-1/A-2
Reserve A-1	$	29,365

$	-	$

$	-	$	-	$	29,365

104,321	$	-	$	104,321	
Prepayment A-1	$	-	$	742	$	-	$	742	
Reserve A-2	$	-	$	51,289	$	-	$	51,289	
Revenue	$	-	$	504,374	$	-	$	504,374	
Excess Revenue	$	-	$	0	$	-	$	0	
Prepaid Expenses	$	1,235	$	-	$	-	$	1,235	
Total Assets	$	252,003	$	660,726	$	298,479	$	1,211,207	
Liabilities:
Accounts Payable	

$	478	

$	

-	$	-	$	478	
Total Liabilites	$	478	$	-	$	-	$	478	

Fund Balance:
Assigned for: Capital Reserves	

$	-	

$	

-	$	298,479	$	298,479	
Designated Nonspendable:
Deposits and Prepaid Items	$	1,235

$	1,235	$

$	-	$	-	$	1,235

-	$	-	$	1,235	
Restricted for:
Debt Service Series 2013 A-1 & A-2	
$	-	
$	660,726	$	
-	$	660,726	
Unassigned	$	249,056	$	-	$	-	$	249,056	
Total Fund Balances	$	251,525	$	660,726	$	298,479	$	1,210,730	
					
Total Liabilities & Fund Balance	$	252,003	$	660,726	$	298,479	$	1,211,207	

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/24	Thru 04/30/24	Variance	

Revenues:

Maintenance Assessments	$	453,836	$	397,277	$	397,277	$	-	
Interest Income	$	-	$	-	$	878	$	878	
Total Revenues	$	453,836	$	397,277	$	398,155	$	878	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	6,000	$	3,500	$	3,400	$	100	
FICA Expense	$	459	$	268	$	260	$	8	
Engineering Fees	$	7,800	$	4,550	$	1,088	$	3,463	
Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	
Attorney	$	12,000	$	7,000	$	6,833	$	167	
Annual Audit	$	3,150	$	3,105	$	3,105	$	-	
Dissemination Agent	$	1,325	$	773	$	773	$	(0)	
Arbitrage	$	600	$	600	$	600	$	-	
Trustee Fees	$	3,000	$	2,963	$	2,963	$	-	
Management Fees	$	52,279	$	30,496	$	30,496	$	(0)	
Information Technology	$	1,590	$	928	$	928	$	-	
Website Maintenance	$	1,272	$	742	$	742	$	-	
Telephone	$	25	$	15	$	-	$	15	
Postage	$	450	$	263	$	131	$	131	
Insurance	$	35,364	$	35,364	$	33,204	$	2,160	
Printing & Binding	$	200	$	117	$	19	$	97	
Legal Advertising	$	1,900	$	1,108	$	-	$	1,108	
Other Current Charges	$	2,000	$	1,167	$	782	$	385	
Property Appraiser	$	-	$	-	$	-	$	-	
Office Supplies	$	50	$	29	$	2	$	27	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Contingency	$	274	$	160	$	5,500	$	(5,340)	
Subtotal General & Administrative	$	134,912	$	98,320	$	96,000	$	2,320	

Operations & Maintenance:					
Nona Crest
Field Management	

$	4,773	

$	2,784	

$	2,785	

$	(0)	
Landscape Maintenance	$	54,540	$	31,815	$	31,815	$	-	
Irrigation Repairs	$	5,000	$	2,917	$	2,461	$	456	
Lake Maintenance	$	4,775	$	2,786	$	2,653	$	133	
Wall Repairs/Cleaning	$	2,500	$	1,458	$	-	$	1,458	
Feature Lighting	$	1,000	$	583	$	2,735	$	(2,152)	
Miscellaneous Common Area	$	5,000	$	2,917	$	6,878	$	(3,961)	
Subtotal Nona Crest	$	77,589	$	45,260	$	49,327	$	(4,067)	

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/24	Thru 04/30/24	Variance	

La Vina
Field Management	
$	12,222	
$	7,129	
$	7,129	
$	0	
Landscape Maintenance	$	82,172	$	47,934	$	47,934	$	(0)	
Irrigation Repairs	$	10,500	$	6,125	$	1,974	$	4,151	
Lake Maintenance	$	5,064	$	2,954	$	2,814	$	141	
Utilities	$	6,072	$	3,542	$	3,868	$	(326)	
Wall Repairs/Cleaning	$	3,000	$	1,750	$	370	$	1,380	
Solvino Streetlighting	$	3,168	$	1,848	$	1,498	$	350	
Capri Streetlighting	$	4,356	$	2,541	$	1,990	$	551	
Miscellaneous Common Area	$	5,000	$	2,917	$	6,433	$	(3,517)	
Subtotal La Vina	$	131,554	$	76,740	$	74,010	$	2,730	

Nona Preserve
Field Management	

$	5,270	

$	3,074	

$	3,074	

$	0	
Landscape Maintenance	$	58,500	$	34,125	$	34,125	$	-	
Irrigation Repairs	$	4,500	$	2,625	$	-	$	2,625	
Lake Maintenance	$	4,813	$	2,808	$	2,674	$	134	
Miscellaneous Common Area	$	2,500	$	1,458	$	-	$	1,458	
Subtotal Nona Preserve	$	75,583	$	44,090	$	39,873	$	4,217	

Parcels G & H
Field Management	

$	3,147	

$	1,836	

$	1,836	

$	(0)	
Landscape Maintenance	$	29,248	$	17,061	$	17,061	$	-	
Lake Maintenance	$	1,803	$	1,051	$	1,001	$	50	
Subtotal Parcels G & H	$	34,198	$	19,949	$	19,899	$	50	
					
Total Expenditures	$	453,836	$	284,359	$	279,108	$	5,251	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	119,047		

Other Financing Sources/(Uses):					
Capital Reserve Transfer Out	$	(30,132)	$	(16,514)	$	(16,514)	$	-	
Total Other Financing Sources/(Uses)	$	(30,132)	$	(16,514)	$	(16,514)	$	-	
					
Net Change in Fund Balance	$	(30,132)		$	102,533		
					
Fund Balance - Beginning	$	30,132		$	148,992		
					
Fund Balance - Ending	$	0		$	251,525		

Debt Service Fund Series 2013
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/24	Thru 04/30/24	Variance	

Revenues:					
Assessments - Tax Roll	$	317,584	$	278,005	$	278,005	$	-	
Interest	$	-	$	-	$	11,694	$	11,694	
Total Revenues	$	317,584	$	278,005	$	289,699	$	11,694	

Expenditures:					
Series 2013 A-1
Interest - 11/1	

$	34,374	

$	34,374	

$	34,374	

$	-	
Principal - 5/1	$	140,000	$	-	$	-	$	-	
Interest - 5/1	$	34,374	$	-	$	-	$	-	
Series 2013 A-2
Interest - 11/1	
$	21,516	
$	21,516	
$	21,516	
$	-	
Principal - 5/1	$	60,000	$	-	$	-	$	-	
Interest - 5/1	$	21,516	$	-	$	-	$	-	
Total Expenditures	$	311,779	$	55,889	$	55,889	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	5,805		$	233,810		
					
Fund Balance - Beginning	$	258,874		$	426,916		
					
Fund Balance - Ending	$	264,679		$	660,726		

Narcoossee
Community Development District Combined Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/24	Thru 04/30/24	Variance	

Revenues		
Interest	$	-	$	-	$	18	$	18	
Total Revenues	$	-	$	-	$	18	$	18	

Expenditures:					
Capital Projects	$	17,000	$	16,514	$	16,514	$	-	
Contingency	$	2,000	$	1,167	$	272	$	895	
Total Expenditures	$	19,000	$	17,681	$	16,786	$	895	
					
Excess (Deficiency) of Revenues over Expenditures	$	(19,000)		$	(16,768)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	30,132	$	16,514	$	16,514	$	-	
Total Other Financing Sources (Uses)	$	30,132	$	16,514	$	16,514	$	-	
					
Net Change in Fund Balance	$	11,132		$	(254)		
					
Fund Balance - Beginning	$	269,104		$	298,733		
					
Fund Balance - Ending	$	280,236		$	298,479		

	Oct		Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept		Total	

Revenues:																
Maintenance Assessments	$	-	$	17,817  $	142,543  $	19,661  $	181,186  $	25,588  $	10,482	$	-	$	-	$	-	$	-	$	-	$	397,277	
Interest Income	$	122  $	127  $	124  $	128  $	128  $	120  $	129	$	-	$	-	$	-	$	-	$	-  $	878	
Total Revenues	$	122	$	17,944	$	142,667	$	19,789	$	181,314	$	25,708	$	10,610	$	-	$	-	$	-	$	-	$	-	$  398,155	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	800	$	-	$	1,000	$	600	$	-	$	-	$	1,000	$	-  $	-  $	-  $	-  $	-  $	3,400	
FICA Expense	$	61	$	-	$	77	$	46	$	-	$	-	$	77	$	-  $	-  $	-  $	-  $	-  $	260	
Engineering Fees	$	-	$	-	$	-	$	610	$	-	$	478	$	-	$	-  $	-  $	-  $	-  $	-  $	1,088	
Assessment Roll	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,000	
Attorney	$	246	$	2,835	$	423	$	2,278	$	76	$	974	$	-	$	-  $	-  $	-  $	-  $	-  $	6,833	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	3,105	$	-	$	-  $	-  $	-  $	-  $	-  $	3,105	
Dissemination Agent	$	110	$	110	$	110	$	110	$	110	$	110	$	110	$	-  $	-  $	-  $	-  $	-  $	773	
Arbitrage	$	-	$	-	$	-	$	-	$	600	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	600	
Trustee Fees	$	1,235	$	-	$	-	$	-	$	-	$	1,728	$	-	$	-  $	-  $	-  $	-  $	-  $	2,963	
Management Fees	$	4,357	$	4,357	$	4,357	$	4,357	$	4,357	$	4,357	$	4,357	$	-  $	-  $	-  $	-  $	-  $	30,496	
Information Technology	$	133	$	133	$	133	$	133	$	133	$	133	$	133	$	-  $	-  $	-  $	-  $	-  $	928	
Website Maintenance	$	106	$	106	$	106	$	106	$	106	$	106	$	106	$	-  $	-  $	-  $	-  $	-  $	742	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Postage	$	3	$	56	$	14	$	3	$	20	$	26	$	9	$	-  $	-  $	-  $	-  $	-  $	131	
Insurance	$	33,204	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	33,204	
Printing & Binding	$	2	$	-	$	1	$	4	$	10	$	-	$	2	$	-  $	-  $	-  $	-  $	-  $	19	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Other Current Charges	$	115	$	125	$	133	$	107	$	111	$	101	$	89	$	-  $	-  $	-  $	-  $	-  $	782	
Property Appraiser	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	0	$	0	$	0	$	0	$	1	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	2	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	175	
Contingency	$	5,500	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,500	
Subtotal General & Administrative	$	51,047	$	7,722	$	6,353	$	8,353	$	5,523	$	11,117	$	5,883	$	-  $	-  $	-  $	-  $	-  $	96,000	

Operations & Maintenance									
Nona Crest
Field Management	

$	398	

$	398	

$	398	

$	398	

$	398	

$	398	

$	398	

$	-  $	-  $	-  $	-  $	-  $	2,785	
Landscape Maintenance	$	4,545	$	4,545	$	4,545	$	4,545	$	4,545	$	4,545	$	4,545	$	-  $	-  $	-  $	-  $	-  $	31,815	
Irrigation Repairs	$	272	$	240	$	-	$	954	$	-	$	-	$	996	$	-  $	-  $	-  $	-  $	-  $	2,461	
Lake Maintenance	$	379	$	379	$	379	$	379	$	379	$	379	$	379	$	-  $	-  $	-  $	-  $	-  $	2,653	
Wall Repairs/Cleaning	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Feature Lighting	$	-	$	-	$	-	$	-	$	2,735	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	2,735	
Miscellaneous Common Area	$	5,278	$	-	$	-	$	-	$	1,600	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	6,878	
Subtotal Nona Crest	$	10,872	$	5,561	$	5,322	$	6,276	$	9,657	$	5,322	$	6,318	$	-  $	-  $	-  $	-  $	-  $	49,327	

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

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

$	1,018  $
$	6,848  $
$	741  $
$	402  $
$	97  $
$	-  $
$	232  $
$	330  $
$	-  $

1,018  $
6,848  $
967  $
402  $
114  $
-  $
232  $
330  $
3,892  $

1,018  $
6,848  $
-  $
402  $
84  $
-  $
232  $
330  $
-  $

1,018  $
6,848  $
-  $
402  $
84  $
-  $
234  $
333  $
385  $

1,018  $
6,848  $
-  $
402  $
311  $
-  $
333  $
-  $
2,156  $

1,018  $
6,848  $
-  $
402  $
2,790  $
370  $
-  $
333  $
-  $

1,018  $	-  $
6,848  $	-  $
267  $	-  $
402  $	-  $
388  $	-  $
-  $	-  $
234  $	-  $
333  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

7,129
47,934
1,974
2,814
3,868
370
1,498
1,990
6,433

Subtotal La Vina	$	9,668  $	13,803  $	8,914  $	9,304  $	11,069  $	11,761  $	9,490  $	-  $	-  $	-  $	-  $	-  $	74,010

Nona Preserve
Field Management Landscape Maintenance Irrigation Repairs

Subtotal Nona Preserve	$	5,696  $	5,696  $	5,696  $	5,696  $	5,696  $	5,696  $	5,696  $	-  $	-  $	-  $	-  $	-  $	39,873

Lake Maintenance Miscellaneous Common Area

$	439  $
$	4,875  $
$	-  $
$	382  $
$	-  $

439  $
4,875  $
-  $
382  $
-  $

439  $
4,875  $
-  $
382  $
-  $

439  $
4,875  $
-  $
382  $
-  $

439  $
4,875  $
-  $
382  $
-  $

439  $
4,875  $
-  $
382  $
-  $

439  $	-  $
4,875  $	-  $
-  $	-  $
382  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

3,074
34,125
- 2,674
-

Parcels G & H

Other Financing Sources/Uses:

Capital Reserve Transfer Out

$

-  $

-  $

-  $

(16,514)  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $  (16,514)

Net Change in Fund Balance	$	(80,004) $	(17,681) $	113,539  $	(29,197) $	146,527  $	(11,031) $	(19,619) $	-  $	-  $	-  $	-  $	-  $  102,533

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	(16,514)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  (16,514)

Excess Revenues (Expenditures)	$	(80,004)  $	(17,681)  $	113,539  $	(12,683)  $	146,527  $	(11,031)  $	(19,619)  $	-  $	-  $	-  $	-  $	-  $  119,047

Total Expenditures	$	80,126  $	35,625  $	29,128  $	32,472  $	34,788  $	36,739  $	30,230  $	-  $	-  $	-  $	-  $	-  $  279,108

Subtotal Parcels G & H	$	2,843  $	2,843  $	2,843  $	2,843  $	2,843  $	2,843  $	2,843  $	-  $	-  $	-  $	-  $	-  $	19,899

Field Management Landscape Maintenance Lake Maintenance

$	262  $
$	2,437  $
$	143  $

262  $
2,437  $
143  $

262  $
2,437  $
143  $

262  $
2,437  $
143  $

262  $
2,437  $
143  $

262  $
2,437  $
143  $

262  $	-  $
2,437  $	-  $
143  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $

1,836
17,061
1,001

Narcoossee
Community Development District LONG TERM DEBT REPORT

SERIES 2013A-1, SPECIAL ASSESSMENT REFUNDING BONDS	
MATURITY DATE:	5/1/2033	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$104,321	
RESERVE FUND BALANCE	$104,321	
BONDS OUTSTANDING - 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)	
LESS: PRINCIPAL PAYMENT 5/1/18	($115,000)	
LESS: PRINCIPAL PAYMENT 5/1/19	($120,000)	
LESS: PRINCIPAL PAYMENT 5/1/20	($125,000)	
LESS: PRINCIPAL PAYMENT 5/1/21	($125,000)	
LESS: PRINCIPAL PAYMENT 5/1/22	($130,000)	
LESS: PRINCIPAL PAYMENT 5/1/23	($135,000)	
CURRENT BONDS OUTSTANDING	$1,690,000	

SERIES 2013A-2, SPECIAL ASSESSMENT REFUNDING BONDS	
MATURITY DATE:	5/1/2033	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$51,289	
RESERVE FUND BALANCE	$51,289	
BONDS OUTSTANDING - 9/30/13	$1,295,000	
LESS: PRINCIPAL PAYMENT 11/1/13	($70,000)	
LESS: PRINCIPAL PAYMENT 5/1/14	($35,000)	
LESS: PRINCIPAL 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)	
LESS: PRINCIPAL PAYMENT 5/1/18	($45,000)	
LESS: PRINCIPAL PAYMENT 5/1/19	($45,000)	
LESS: PRINCIPAL PAYMENT 5/1/20	($50,000)	
LESS: PRINCIPAL PAYMENT 5/1/21	($50,000)	
LESS: PRINCIPAL PAYMENT 5/1/22	($55,000)	
LESS: PRINCIPAL PAYMENT 5/1/23	($55,000)	
CURRENT BONDS OUTSTANDING	$765,000	

Narcoossee
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

Gross Assessments	$ Net Assessments	$

482,804.79  $
453,836.50  $

337,855.13  $
317,583.82  $

820,659.92
771,420.32

58.83%	41.17%	100.00%

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	Series 2013 Debt Service	
Total	

11/7/23	
#1	
$2,731.31	
($136.48)	
$0.00	
$0.00	
$	2,594.83	
$	1,526.57	
$	1,068.26	
$	2,594.83	
11/15/23	#2	$9,081.33	($363.24)	$0.00	$0.00	$	8,718.09	$	5,128.96	$	3,589.13	$	8,718.09	
11/30/23	#3	$19,763.09	($790.54)	$0.00	$0.00	$	18,972.55	$	11,161.80	$	7,810.75	$	18,972.55	
12/07/23	#4	$43,310.05	($1,732.42)	$0.00	$0.00	$	41,577.63	$	24,460.65	$	17,116.98	$	41,577.63	
12/14/23	#5	$166,693.91	($6,667.80)	$0.00	$0.00	$	160,026.11	$	94,145.42	$	65,880.69	$	160,026.11	
12/21/23	#6	$41,870.65	($1,674.86)	$0.00	$492.16	$	40,687.95	$	23,937.24	$	16,750.71	$	40,687.95	
01/12/24	#7	$34,809.70	($1,390.10)	$0.00	$0.00	$	33,419.60	$	19,661.18	$	13,758.42	$	33,419.60	
02/13/24	#8	$321,435.83	($12,846.12)	($614.23)	$0.00	$	307,975.48	$	181,185.94	$	126,789.54	$	307,975.48	
03/15/24	#9	$40,106.66	($1,604.30)	$0.00	$4,991.37	$	43,493.73	$	25,587.92	$	17,905.81	$	43,493.73	
04/15/24	#10	$18,518.14	($701.46)	$0.00	$0.00	$	17,816.68	$	10,481.78	$	7,334.90	$	17,816.68	
	TOTAL	$	698,320.67	$	(27,907.32)	$	(614.23) $	5,483.53	$	675,282.65	$	397,277.46	$	278,005.19	$	675,282.65	

$

88%
96,137.67

Net Percent Collected
Balance Remaining to Collect

Section 3

April 19, 2024

Jason Showe Narcoossee CDD
Governmental Management Services 219 East Livingston Street
Orlando, FL 32801

To whom it may concern,

Per the requirements of Chapter 190.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the district as of April 15, 2024. Our research is based on the most recent legal description provided to us by the District Office.

As of April 15, 2024, there are

1,734

registered voter(s) in the

Narcoossee CDD.

A map and list of addresses can be provided upon request. Please contact the Mapping Department at 407-254-6554 with any questions.

Sincerely,

Mapping Department
Orange County Supervisor of Elections Phone: 407-254-6554
119 W. Kaley Street Orlando, FL 32806
soemapping@ocfelections.gov

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