Silverleaf
Community Development District
3501 Quadrangle Boulevard, Suite 270 | Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.silverleafcdd.com

The meeting of the Board of Supervisors for the Silverleaf Community Development District will be held Wednesday, May 11, 2022, at 1:00 p.m. located at 8141 Lakewood Main Street, Bradenton, FL 34202. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 Passcode: 792 560 599 #
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Call to Order
Roll Call
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

General Business Matters

Consideration of the Minutes of the April 13, 2022, Board of Supervisors Meeting
Consideration of Resolution 2022-03, Approving a Preliminary Budget for Fiscal Year 2023 and Setting a Public Hearing Date [Suggested Hearing Date of August 10, 2022]
Consideration of Resolution 2022-04, Designating Board Member Seats for the Upcoming General Election
Consideration of Resolution 2022-05, Revised Annual Meeting Schedule
Letter from Supervisor of Elections- Manatee County
Review and Consideration of District Certificate of Completion (under separate cover)
Ratification of Payment Authorizations #167 – 168
Review of District Financial Statements

Other Business

Staff Reports
District Counsel
District Engineer
District Manager
Audience Comments
Supervisors Requests
Adjournment

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Consideration of the Minutes of the April 13, 2022, Board of Supervisors Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Wednesday, April 13, 2022, at 1:00 p.m. 8141 Lakewood Main Street, Bradenton, FL 34202
Board Members in attendance via conference call or in person: Paul Gressin	Chairperson
Dale Weidemiller	Vice Chairperson
Jonathan Decker	Assistant Secretary
Lawrence Powell	Assistant Secretary
Joshua Holley	Assistant Secretary	(via phone)

Also present via conference call or in person:

Venessa Ripoll	 District Manager- PFM Group Consulting LLC (via phone) Mike Ferdinand	 District Engineer- ZNS Engineering		(via phone) Kim Ashton	District Counsel- Vogler Ashton	(via phone)

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
The Board of Supervisors’ Meeting of the Silverleaf Community Development District was called to order at 1:04 p.m. Ms. Ripoll proceeded with roll call and confirmed quorum to proceed with the meeting. Those in attendance are outlined above either in person or via speakerphone.

Public Comment Period

There were no members of the public present.

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the February 9, 2022, Board of Supervisors Meeting

The Board reviewed the Minutes of the February 9, 2022, Board of Supervisors’ Meeting.

ON MOTION by Mr. Gressin, seconded by Mr. Powell, with all in favor, the Board approved the Minutes of the February 9, 2022, Board of Supervisors Meeting.

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Discussion Pertaining to Invoices and Payments

Ms. Ripoll explained that this item is for outstanding invoices related to the HOA. Mr. Gressin stated that the invoice present to the CDD by the HOA is not the responsibility of the CDD. He has documentation that outlines the responsibilities of the CDD and the HOA that he will provide to the team. Additionally, he recommends that the invoice not be paid, and District staff should notify the HOA that these invoices will not be paid by the CDD as they are not the CDD’s responsibility.

Ratification of Payment Authorizations #163 – 166

The Board reviewed Payment Authorizations # 163 – 166. Ms. Ripoll noted these were already approved by the Chair and need to be ratified by the Board.

ON MOTION by Mr. Weidemiller, seconded by Mr. Decker, with all in favor, the Board ratified Payment Authorizations #163 – 166.

Review of District Financial Statements

Ms. Ripoll reviewed the Financial Statements for February 28, 2022.

ON MOTION by Mr. Powell, seconded by Mr. Holley, with all in favor, the Board accepted the Financial Statements.

THIRD ORDER OF BUSINES 	Other Business	
		Staff Reports	
District Counsel-	No Report		
District Engineer-	No Report		

District Manager-	Ms. Ripoll noted the next meeting is scheduled for May 11, 2022,
at 1:00 p.m. at this location where the budget process for FY 2023 will begin.

Audience	Comments	and	Supervisor Requests

There were no audience comments or Supervisor requests.

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FOURTH ORDER OF BUSINESS	Adjournment

There was no additional business to discuss. Ms. Ripoll requested a motion to adjourn.

ON MOTION by Mr. Weidemiller, seconded by Mr. Gressin, with all in favor, the April 13, 2022, Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 1:09 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

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SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2022-03, Approving a Preliminary Budget for Fiscal Year 2023 and Setting a Public Hearing Date [Suggested Hearing Date of August 10, 2022]

RESOLUTION 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2022/2023 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 Silverleaf Community Development District (“District”) prior to June 15, 2022, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2022/2023”); 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 SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2022/2023 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:		, 2022

HOUR:		

LOCATION:		

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Manatee 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 11th DAY OF MAY 2022.

ATTEST:	SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary	Its:	

Exhibit A: FY 2022/2023 Proposed Budget

Silverleaf CDD	
FY 2023 Proposed O&M Budget	

Year To Date	
Actual through 4/30/22	Anticipated May Sep	Anticipated Total FY22	FY 2022	FY 2023	
			Adopted
Budget	Proposed
Budget	

Revenues									
On-Roll Assessments	$165,631.63			$1,398.14		$167,029.77		$ 206,948.00	$ 150,275.00	
Off-Roll Assessments	29,937.81			9,979.27		39,917.08		-	-	
Other Income & Other Financing	14.99			-		14.99		-	-	
Carry Forward Revenue	196,574.18			-		-		186,343.52	153,309.61	

Net Revenues	$195,584.43			$11,377.41		$206,961.84		$393,291.52	$303,584.61	
General & Administrative Expenses									
Supervisor Fees	$5,800.00			$5,000.00		$10,800.00		$  12,000.00	$  12,000.00	
Public Officials' Insurance	2,882.00			-		2,882.00		3,064.00	3,300.00	
Trustee Services	13,334.01			-		13,350.00		13,350.00	13,350.00	
Management	22,458.31			16,042.00		38,500.00		38,500.00	38,500.00	
Engineering	747.00			7,500.00		8,247.00		15,000.00	15,000.00	
Dissemination Agent	7,500.00			7,500.00		15,000.00		15,000.00	15,000.00	
District Counsel	2,827.00			4,673.00		7,500.00		15,000.00	15,000.00	
Assessment Administration	12,500.00			-		12,500.00		12,500.00	12,500.00	
Reamortization Schedules	500.00			250.00		750.00		750.00	750.00	
Audit	-			5,250.00		5,250.00		5,250.00	5,250.00	
Arbitrage	-			-		-		-	1,000.00	
Postage & Shipping	55.81			144.19		200.00		200.00	200.00	
Legal Advertising	617.76			882.24		1,500.00		1,500.00	1,500.00	
Bank Fees	-			-		-		180.00	180.00	
Miscellaneous	-			250.00		250.00		500.00	500.00	
Office Supplies	125.00			125.00		250.00		250.00	250.00	
Web Site Maintenance	1,060.00			1,710.00		2,770.00		2,700.00	2,820.00	
Dues, Licenses, and Fees	175.00			-		175.00		175.00	175.00	
Electric	57.09			-		57.09		1,000.00	-	
Wetland Maintenance Reserve	-			2,000.00		2,000.00		4,000.00	4,000.00	
Stormwater Management	-			55,235.58		55,235.58		110,471.21	107,316.73	
General Insurance	3,523.00			-		3,523.00		3,744.00	4,000.00	
General Repair & Maintenance	-			2,500.00		2,500.00		5,000.00	5,000.00	
Irrigation	-			2,400.00		2,400.00		4,800.00	-	
Landscaping Maintenance &	-			38,006.28		38,006.28		76,012.50	-	
Landscape Improvements	-			2,500.02		2,500.02		5,000.00	-	
Hardscape Maintenance	-			19,300.00		19,300.00		47,344.81	45,992.88	

Total General & Administrative	$74,161.98			$171,268.31		$245,445.97		$393,291.52	$303,584.61	
Expenses									
Total Expenses		$74,161.98 		$171,268.31 			$130,327.52 		  $393,291.52		$303,584.61 	

Net Income (Loss)	$121,422.45		$	(159,890.90)		$116,779.98		$	-	$	-	

FY 2023 Proposed (net)								
205.57	
FY 2023 Proposed (gross)								221.04	
FY 2022 Adopted (net)							283.10		
FY 2022 Adopted (gross)							304.41		

Silverleaf CDD Proposed FY 2022 Debt Service Budgets

	Proposed Series	Proposed Series	Proposed Series	Proposed Series	Proposed Series	Proposed Series	
	2014A-1 FY 2023	2014A-2 FY 2023	2018A-1 FY 2023	2018A-2 FY 2023	2019A-1 FY 2023	2019A-2 FY 2023	
	Budget	Budget	Budget	Budget	Budget	Budget	
REVENUES:							
Special Assessments	$	46,050.00	$	233,556.25	$	218,581.25	$	73,867.50	$	257,490.00	$	363,660.00	
TOTAL REVENUES	 $	46,050.00 	 $	233,556.25 	 $	218,581.25 	 $	73,867.50 	 $	257,490.00 	 $	363,660.00 	

EXPENDITURES:							
Interest 11/01/2022	$	15,350.00	$	64,968.75	$	61,500.00	$	21,387.50	$	71,186.25	$	101,780.00	
Interest 05/01/2023	15,350.00	64,968.75	61,500.00	21,387.50	71,186.25	101,780.00	
Principal 05/01/2023	-	40,000.00	35,000.00	10,000.00	45,000.00	60,000.00	
					.		
TOTAL EXPENDITURES	 $	30,700.00 	 $	169,937.50 	 $	158,000.00 	 $	52,775.00 	 $	187,372.50 	 $	263,560.00 	

EXCESS REVENUES	
 $	15,350.00 	
 $	63,618.75 	
 $	60,581.25 	
 $	21,092.50 	
 $	70,117.50 	
 $	100,100.00 	

Interest 11/01/2023	
$	15,350.00	
$	63,618.75	
$	60,581.25	
$	21,092.50	
$	70,117.50	
$	100,100.00	

Page 1 of 1

Silverleaf CDD Fiscal Year 2022
Assessment Schedule

Unit Type		FY 2022 O&M
Assessment	Debt
Assessment	
Total	
Phase 1
27' lots		
$304.41	
$462.70	
$767.11	
37' lots		$304.41	$634.08	$938.49	
45' lots		$304.41	$771.17	$1,075.58	
52' lots		$304.41	$891.13	$1,195.54	
Phase 2 & 3
27' lots	
Phase 2	
$304.41	
$555.83	
$860.24	
45' lots	Phase 2	$304.41	$926.39	$1,230.80	
52' lots	Phase 2	$304.41	$891.13	$1,195.54	
52' lots	Phase 3	$304.41	$891.13	$1,195.54	

Silverleaf CDD Budget Item Descriptions
FY 2022 – 2023

Revenues

On-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected via the tax collector are referred to as “On-Roll Assessments.”

Carryforward Revenue

Anticipated unused income from a prior year which is available as cash for the current year.

General & Administrative Expenses

Supervisor Fees

Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for meeting attendance and to receive up to $200.00 per meeting plus payroll taxes. The amount for the Fiscal Year is based upon all supervisors attending the meetings.

Public Officials’ Insurance

Supervisors’ and Officers’ liability insurance.

Trustee Services

The Trustee submits invoices annually for services rendered on bond series. These fees are for maintaining the district trust accounts.

Management

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.

Engineering

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the district throughout the year.

Page 1 of 3

Silverleaf CDD Budget Item Descriptions
FY 2022 – 2023

Dissemination Agent

When bonds are issued for the District, the Bond Indenture requires continuing disclosure, which the dissemination agent provides to the trustee and bond holders.

District Counsel

The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Assessment Administration

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector. The District Manager submits an Assessment Roll to the Tax Collector annually by the deadline set by the Tax Collector or Property Appraiser.

Reamortization Schedules

When debt is paid on a bond series, a new amortization schedule must be recalculated. This can occur up to four times per year per bond issue.

Audit

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Legal Advertising

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to, monthly meetings, special meetings, and public hearings for the District.

Bank Fees

Bank fees associated with the services the District uses with the bank (e.g. remote deposit capture, positive pay, wire transfers, ACH payments, monthly maintenance, etc.).

Miscellaneous

Other general & administrative expenses incurred throughout the year.

Office Supplies

General office supplies associated with the District.

Page 2 of 3

Silverleaf CDD Budget Item Descriptions
FY 2022 – 2023

Web Site Maintenance

Website maintenance fee.

Dues, Licenses & Fees

The District is required to pay an annual fee to the Department of Economic Opportunity.

Electric

The District pays for electric meters used on District-owned roads.

Wetlands Maintenance Reserve

Reserve for wetlands maintenance.

70% to Stormwater

Expenses related to the effort to reduce runoff of rainwater into streets and lawns. Funds from the Carryforward Surplus are anticipated to be used towards this expense.

General Insurance

General liability insurance.

General Repair & Maintenance

Repair & maintenance of District equipment, plant, or property.

Irrigation

Expenses for irrigation services within the District.

Landscaping Maintenance & Material

Contracted landscaping within the boundaries of the District.

Landscape Improvements

Improvements in landscape above and beyond what is already contracted for property owned by District.

30% to Hardscape

Expenses related to the purchase or maintenance of hard, yet “movable,” parts of landscape, such gravel, paving, and stones. Funds from the Carryforward Surplus are anticipated to be used towards this expense.

Page 3 of 3

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2022-04, Designating Board Member Seats for the Upcoming General Election

RESOLUTION 2022-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT IMPLEMENTING SECTION 190.006(3)(A)(2)(c), FLORIDA STATUTES, AND INSTRUCTING THE MANATEE COUNTY SUPERVISOR OF ELECTIONS TO CONDUCT THE DISTRICT’S GENERAL ELECTION

WHEREAS, the Silverleaf Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within Manatee County, Florida; and

WHEREAS, the Board of Supervisors of the District (hereinafter the “Board”) seeks to implement section 190.006(3)(A)(2)(c), Florida Statutes, and to instruct the Manatee County Supervisor of Elections to conduct the District’s General Elections.

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

Section 1.  The Board is currently comprised of the following individuals: Paul Gressin, Lawrence Powell, Joshua Holley, Dale Weidemiller, and Jonathan Decker.

Section 2.	The term of office for each member of the Board is as follows:

Seat		Supervisor		Term Expiration Date	
Seat 1	Paul Gressin	11/2022	
Seat 2	Lawrence Powell	11/2022	
Seat 3	Joshua Holley	11/2024	
Seat 4	Dale Weidemiller	11/2022	
Seat 5	Jonathan Decker	11/2024	

Section 3.  Seat 1, currently held by Paul Gressin, and Seat 2, currently held by Lawrence Powell and Seat 4, currently held by Dale Weidemiller are scheduled for the General Election in November 2022.

Section 4.   Members of the Board receive $200 per meeting for their attendance and no Board member shall receive more than $4,800 per year.

Section 5.  The term of office for the individuals to be elected to the Board in the November 2022 General Election is four years.

Section 6.  The new Board members shall assume office on the second Tuesday following their election.

1

Section 7.  The District hereby instructs the Supervisor of Elections to conduct the District’s General Elections on the ballot of the 2022 General Election. The District understands that it will be responsible to pay for its proportionate share of the general election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor of Elections.

PASSED AND ADOPTED THIS 11th DAY OF MAY, 2022.

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

CHAIRMAN/VICE CHAIRMAN

ATTEST:

SECRETARY/ASSISTANT SECRETARY

2

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2022-05, Revised Annual Meeting Schedule

RESOLUTION 2022-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2022

WHEREAS, the Silverleaf Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with Chapter 2004-423, Laws of Florida; and

WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time and location of the District’s meetings; and

WHEREAS, the Board has proposed the Fiscal Year 2022 annual meeting schedule as attached in Exhibit A;

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

The Fiscal Year 2022 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and will be published in accordance with the requirements of Florida law.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 11th DAY OF MAY 2022.

ATTEST:	SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT “A”

BOARD OF SUPERVISORS MEETING DATES SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022

Wednesday, June 8, 2022
Wednesday, July 13, 2022
Wednesday, August 10, 2022
Wednesday, September 14, 2022

All meetings will convene at 10:30 a.m. at 8141 Lakewood Main Street, Bradenton, FL 34202.

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Letter from Supervisor of Elections- Manatee County

MICHAEL BENNETT• SUPERVISOR OF ELECTIONS• MANATEE COUNTY
600 301 Boulevard West, Suite 108, Bradenton, Florida 34205-7946
PO Box 1000, Bradenton, Florida 34206-1000

Phone: 941-741-3823 • Fax: 941-741-3820 • VoteManatee.com • Info@VoteManatee.com

April 21, 2022

Silverleaf Community Development District PFM Group Consulting, LLC
Attn: Jennifer Walden
3501 Quadrangle Blvd Suite 270
Orlando, FL. 32817 Dear Ms. Walden:
We are in receipt of your request for the number of registered voters in the Silverleaf Community Development District of April 15, 2022. According to our records, there were 1055 persons registered in the Silverleaf Community Development District as of that date.

I hope this information is helpful to you. If I can be of any further assistance to you, please do not hesitate to contact my office at your earliest convenience.

Sincerely,

Michael Bennett  _.......,...-.. -c./'  .
Supervisor of Elections MB/hk

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Review and Consideration of District Certificate of Completion (under separate cover)

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorizations #167
– 168

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT
Payment Authorization #167-168

PA #	Description	Amount	Total	
				
167	PFM Group Consulting	$	14.40		
				
	Supervisor Fees - 4/13/2022 Meeting	$	200.00		
		$	200.00		
		$	200.00		
		$	200.00		
		$	200.00		
				
	US Bank	$	4,040.63		
				
	Vogler Ashton	$	1,015.00		
				
	ZNS Engineering	$	82.50		
		$	166.50		
			$6,319.03	
				
168	PFM Group Consulting	$	3,208.33		
				
			$3,208.33	
				
		TOTAL	$9,527.36	

From:	Paul Gressin
To:	Rick Montejano
Subject:	Re: SL PA - 167
Date:	Tuesday, April 19, 2022 2:52:27 PM
Attachments:	Silverleaf PA #167.pdf

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

The attached are approved for payment. Paul Gressin Sent from my iPhone

On Apr 19, 2022, at 2:23 PM, Rick Montejano <montejanor@pfm.com> wrote:

Hey Paul –

Wanted to get these payments out today. Can you approve PA 167 as Josh Holley was at the latest board meeting via webex.

Thanks, Rick

From: Rick Montejano
Sent: Monday, April 18, 2022 9:39 AM
To: Paul Gressin <paulgressin@icloud.com>
Subject: RE: SL PA - 167 Hey Paul –
I went back and listened to the meeting and Joshua Holly was apart of the meeting through Webex.

Please review for approval the attached payment authorization. Thanks,
Rick

From: Paul Gressin <paulgressin@icloud.com>
Sent: Friday, April 15, 2022 6:10 PM
To: Rick Montejano <montejanor@pfm.com>
Subject: Re: SL PA - 167

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

With the exception of Josh Holly all payments are approved. Josh did not attend the meeting, we was away on business

Sent from my iPhone

On Apr 15, 2022, at 1:58 PM, Rick Montejano <montejanor@pfm.com> wrote:

Paul –

Attached is the latest payment authorization to be reviewed for approval. Let me know if you have any questions.
Thank you,

Rick Montejano District Accountant
PFM Group Consulting LLC 407.723.5900 ext. 5951
3501 Quadrangle Blvd., Suite 270 | Orlando, FL 32817 MontejanoR@pfm.com

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #167	
4/15/2022					
Item	Payee		General	
No.		Invoice		Fund	

1	
PFM Group Consulting				
	Postage/FedEx - March 2022	OE-EXP-04-030	$	14.40	
2	Supervisor Fees - 4/13/2022 Meeting				
	Dale Weidemiller	2022.04.13	$	200.00	
	Jonathan Decker	2022.04.13	$	200.00	
	Joshua Holley	2022.04.13	$	200.00	
	Paul Gressin	2022.04.13	$	200.00	
	Lawrence Powell	2022.04.13	$	200.00	
3	US Bank				
	Administration Fees 3/1/22-2/28/23 (2018)	6469700	$	4,040.63	
4	Vogler Ashton				
	District Counsel Through 3/31/2021	59	$	1,015.00	
5	ZNS Engineering				
	Engineering Services Through 1/24/2022	144240	$	82.50	
	Engineering Services Through 2/28/2022	144758	$	166.50	

TOTAL	$	6,319.03

Secretary / Assistant Secretary	Chairman / Vice Chairman

Silverleaf CDD
c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
MontejanoR@pfm.com // (407) 723-5951

Rick Montejano

From:	Paul Gressin <paulgressin@icloud.com>
Sent:	Tuesday, April 26, 2022 6:44 PM
To:	Rick Montejano
Subject:	Re: Silverleaf PA #168.pdf
Attachments:	Silverleaf PA #168.pdf

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Attached payment request approved. Paul Gressin
Sent from my iPhone
On Apr 26, 2022, at 5:35 PM, Rick Montejano <montejanor@pfm.com> wrote: Paul –

Attached is the latest payment authorization. Please review for payment and let me know if you have any questions.

Thank you,

Rick Montejano District Accountant
PFM Group Consulting LLC 407.723.5900 ext. 5951
3501 Quadrangle Blvd., Suite 270 | Orlando, FL 32817 MontejanoR@pfm.com

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #168	
4/26/2022			
Item	Payee	General	
No.	Invoice	Fund	

1	PFM Group Consulting
District Mgmt Fees - Apr 2022	DM-04-2022-044	$	3,208.33

TOTAL	$	3,208.33

Secretary / Assistant Secretary	Chairman / Vice Chairman

Silverleaf CDD
c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
MontejanoR@pfm.com // (407) 723-5951

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

Silverleaf CDD
Statement of Financial Position As of 4/30/2022

Debt Service -	Debt Service -	Debt Service -	
2014A1, 2019	2014A2	2018A	

Construction
General Fund	Fund -
2014A,2019

Long Term Debt Group

Total

			Assets									
Current Assets												
General Checking Account		$313,200.51									$313,200.51	
Assessments Receivable		1,398.14									1,398.14	
Prepaid Expenses		4,796.12									4,796.12	
Deposits		167.00									167.00	
Assessments Receivable			$2,162.62								2,162.62	
Debt Service Reserve 2014A1			23,187.50								23,187.50	
Revenue Account 2014A			313,570.92								313,570.92	
Revenue Account 2019A1			200,464.22								200,464.22	
Interest Account 2019A1			69,663.75								69,663.75	
Prepayment Acct. 2019A2			261,498.54								261,498.54	
Prepayment Acct. 2019A1			93,254.63								93,254.63	
Debt Service Reserve 2019A1			49,728.47								49,728.47	
Interest Account 2014A1			15,350.00								15,350.00	
Interest Account 2019A2			76,860.00								76,860.00	
Prepayment Acct. 2014A1			3,224.48								3,224.48	
Sinking Fund 2019A1			40,000.00								40,000.00	
Sinking Fund 2019A2			40,000.00								40,000.00	
Debt Service Reserve 2014A2			$84,781.25								84,781.25	
Interest Account 2014A2			65,812.50								65,812.50	
Prepayment Account 2014A2			10,864.59								10,864.59	
Sinking Fund 2014A2			35,000.00								35,000.00	
Revenue 2018A Bond					$139,083.33						139,083.33	
Sinking Fund 2018A1 Bond					35,000.00						35,000.00	
Interest 2018A1 Bond					62,418.75						62,418.75	
Prepayment 2018A1 Bond					2,359.57						2,359.57	
Debt Service Reserve 2018A1 Bond					103,471.76						103,471.76	
Sinking Fund 2018A2 Bond					10,000.00						10,000.00	
Interest 2018A2 Bond					17,995.00						17,995.00	
Prepayment 2018A2 Bond					96,419.68						96,419.68	
Assessments Receivable					1,282.45						1,282.45	
Acquisition/Construction 2019A							$1,496,678.89				1,496,678.89	
Total Current Assets		$319,561.77	 
$1,188,965.13	$196,458.34		
$468,030.54		
$1,496,678.89		
$	-		
$3,669,694.67	

Investments												
Amount Available in Debt Service Funds									$1,850,008.94		$1,850,008.94	
Amount To Be Provided									8,634,991.06		8,634,991.06	
Total Investments	$	-	 
$	-	$	-		
$	-		
$	-		
$10,485,000.00		
$10,485,000.00	

Total Assets		
$319,561.77	
 
$1,188,965.13	$196,458.34		

$468,030.54		

$1,496,678.89		

$10,485,000.00		

$14,154,694.67	
			
Liabilities and Net Assets									
Current Liabilities												
Deferred Revenue		$1,398.14									$1,398.14	
Deferred Revenue			$2,162.62								2,162.62	
Deferred Revenue					$1,282.45						1,282.45	
Total Current Liabilities		$1,398.14	 
$2,162.62	$	-		
$1,282.45		
$	-		
$	-		
$4,843.21	

Long Term Liabilities												
Revenue Bonds Payable LongTerm									$10,485,000.00		$10,485,000.00	
Total Long Term Liabilities	$	-	 
$	-	$	-		
$	-		
$	-		
$10,485,000.00		
$10,485,000.00	

Total Liabilities		
$1,398.14	
 
$2,162.62	$	-		

$1,282.45		

$	-		

$10,485,000.00		

$10,489,843.21	

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets		

($4,139.20)												

($4,139.20)	
		200,880.38												200,880.38	
		121,422.45												121,422.45	
				$1,070,399.63										1,070,399.63	
				116,402.88										116,402.88	
						$96,417.08								96,417.08	
						100,041.26								100,041.26	
								$361,961.09						361,961.09	
								104,787.00						104,787.00	
										$3,739,598.49				3,739,598.49	
										(2,192,919.60)				(2,192,919.60)	
										(50,000.00)				(50,000.00)	
		$318,163.63		
$1,186,802.51		
$196,458.34		
$466,748.09		
$1,496,678.89		
$	-		
$3,664,851.46	
		
$319,561.77		

$1,188,965.13		

$196,458.34		

$468,030.54		

$1,496,678.89		

$10,485,000.00		

$14,154,694.67	

Page 1 of 1

Silverleaf CDD Statement of Activities As of 4/30/2022

Debt Service -	Debt Service -	Debt Service -	
2014A1, 2019	2014A2	2018A	

Construction
General Fund	Fund -
2014A,2019

Long Term Debt Group

Total

Revenues

On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources On-Roll Assessments
Off-Roll Assessments Other Assessments
Inter-Fund Group Transfers In Other Assessments
Inter-Fund Group Transfers In On-Roll Assessments
Off-Roll Assessments Other Assessments
Total Revenues	

$165,631.63 29,937.81
14.99

$195,584.43		

$270,946.78 258,649.53
993,831.29
(166,959.83)

$1,356,467.77		

$9,229.16 166,959.83

$176,188.99		

$160,671.35 30,758.94
123,112.69

$314,542.98		

$	

-		

$	

-		

$165,631.63 29,937.81
14.99
270,946.78
258,649.53
993,831.29
(166,959.83)
9,229.16
166,959.83
160,671.35
30,758.94
123,112.69

$2,042,784.17	
Expenses

Supervisor Fees
Public Officials' Insurance Trustee Services Management
Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Postage & Shipping
Legal Advertising Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Electric
General Insurance
Principal Payment - 2019A1 Bond Principal Payment - 2019A2 Bond Interest Payments - 2014A1 Bond Interest Payments - 2019A1 Bond Interest Payments - 2019A2 Bond Principal Payments - 2014A2 bond Interest Payments - 2014A2 bond Principal Payment - 2018A2 Bond Interest Payment - 2018A1 Bond Interest Payment - 2018A2 Bond Contingency
Total Expenses	

$5,800.00 2,882.00
13,334.01
22,458.31
747.00
7,500.00
2,827.00
12,500.00
500.00
55.81
617.76
125.00
1,060.00
175.00
57.09
3,523.00

$74,161.98		

$95,000.00 945,000.00
15,350.00
72,255.00
112,490.00

$1,240,095.00		

$10,000.00 66,150.00

$76,150.00		

$125,000.00 62,418.75
22,346.25

$209,765.00	

$2,192,995.67

$2,192,995.67		

$	

-		

$5,800.00 2,882.00
13,334.01
22,458.31
747.00
7,500.00
2,827.00
12,500.00
500.00
55.81
617.76
125.00
1,060.00
175.00
57.09
3,523.00
95,000.00
945,000.00
15,350.00
72,255.00
112,490.00
10,000.00
66,150.00
125,000.00
62,418.75
22,346.25
2,192,995.67

$3,793,167.65	
Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)	

$	

-		

$30.11

$30.11		

$2.27

$2.27		

$9.02

$9.02	

$76.07

$76.07		

$	

-		

$30.11 2.27
9.02
76.07

$117.47	

Change In Net Assets	$121,422.45		$116,402.88		$100,041.26		$104,787.00	($2,192,919.60)		$	-		($1,750,266.01)	

Net Assets At Beginning Of Year	
$196,741.18		
$1,070,399.63		
$96,417.08		
$361,961.09	
$3,689,598.49		
$	
-		
$5,415,117.47	

Net Assets At End Of Year	

$318,163.63		

$1,186,802.51		

$196,458.34		

$466,748.09	

$1,496,678.89		

$	

-		

$3,664,851.46	

Page 1 of 1

Silverleaf CDD
Budget to Actual
For the Month Ending 4/30/2022

Year To Date
FY 2022
Actual	Budget	Variance	Adopted Budget

Revenues

On-Roll Assessments	$165,631.63		$120,719.69		$44,911.94		$ 206,948.00	
Off-Roll Assessments	29,937.81		-		29,937.81		-	
Other Income & Other Financing Sources	14.99		-		14.99		-	
Carry Forward Revenue	196,574.18		108,700.41		87,873.77		186,343.52	
Net Revenues	$195,584.43		$229,420.10		$(33,835.67)		$393,291.52	

General & Administrative Expenses

Supervisor Fees	$5,800.00		$7,000.00		$(1,200.00)		$  12,000.00	
Public Officials' Insurance	2,882.00		1,787.31		1,094.69		3,064.00	
Trustee Services	13,334.01		7,787.50		5,546.51		13,350.00	
Management	22,458.31		22,458.31		-		38,500.00	
Engineering	747.00		8,750.00		(8,003.00)		15,000.00	
Dissemination Agent	7,500.00		8,750.00		(1,250.00)		15,000.00	
District Counsel	2,827.00		8,750.00		(5,923.00)		15,000.00	
Assessment Administration	12,500.00		7,291.69		5,208.31		12,500.00	
Reamortization Schedules	500.00		437.50		62.50		750.00	
Audit	-		3,062.50		(3,062.50)		5,250.00	
Postage & Shipping	55.81		116.69		(60.88)		200.00	
Legal Advertising	617.76		875.00		(257.24)		1,500.00	
Bank Fees	-		105.00		(105.00)		180.00	
Miscellaneous	-		291.76		(291.76)		500.00	
Office Supplies	125.00		145.81		(20.81)		250.00	
Web Site Maintenance	1,060.00		1,575.00		(515.00)		2,700.00	
Dues, Licenses, and Fees	175.00		102.06		72.94		175.00	
Electric	57.09		583.31		(526.22)		1,000.00	
Wetland Maintenance Reserve	-		2,333.31		(2,333.31)		4,000.00	
Stormwater Management	-		64,441.51		(64,441.51)		110,471.21	
General Insurance	3,523.00		2,184.00		1,339.00		3,744.00	
General Repair & Maintenance	-		2,916.69		(2,916.69)		5,000.00	
Irrigation	-		2,800.00		(2,800.00)		4,800.00	
Landscaping Maintenance & Material	-		44,340.66		(44,340.66)		76,012.50	
Landscape Improvements	-		2,916.69		(2,916.69)		5,000.00	
Hardscape Maintenance	-		27,617.80		(27,617.80)		47,344.81	
Total General & Administrative Expenses	$74,161.98		$229,420.10		$(155,258.12)		$393,291.52	
Total Expenses		$74,161.98			$229,420.10			$(155,258.12)		  $393,291.52	
Net Income (Loss)	$121,422.45		$	-		$121,422.45		$	-	

Page 1 of 1