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 Monday, July 10, 2023, at 1:00 p.m. located at 3805 Shimmering Oaks Drive, Parrish, FL 34219. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 Passcode: 2536 634 0209 #
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 June 5, 2023, Board of Supervisors Meeting
Discussion Pertaining to Wetland Mitigation Completion Matters
Ratification of Westcoast Landscape & Lawns Proposal
Ratification of Payment Authorization #192 - 193
Review of District Financial Statements

Other Business

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

Adjournment

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Minutes of the June 5, 2023, Board of Supervisors Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Monday, June 5, 2023, at 1:00 p.m. 3805 Shimmering Oaks Dr Parrish, FL 34219
Board Members in attendance via conference call or in person: Paul Gressin	Chairperson
Lawrence Powell	Vice Chairperson
Jackie Miller	Assistant Secretary
Timothy Abramski	Assistant Secretary
Jonathan Decker	Assistant Secretary Also present via conference call or in person:
Venessa Ripoll	PFM Group Consulting LLC		
Jorge Jimenez	PFM Group Consulting LLC	(via phone)	
Rick Montejano	PFM Group Consulting LLC	(via phone)	
Caleb Wingo	Rayl Engineering		
Meredith Hammock	Kilinski Van Wyk		
Grace Kobitter	Kilinski Van Wyk		
Various Audience Members			

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 1:00 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

The residents asked some questions regarding the ponds and maintenance. The Board explained the maintenance process and spoke about the company that the District currently employs for maintenance.

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the May 15, 2023, Board of Supervisors Meeting

The Board reviewed the Minutes of the May 15, 2023, Board of Supervisors’ Meeting.

1 | P age 

ON MOTION by Mr. Powell, seconded by Mr. Decker, with all in favor, the Board approved the Minutes of the May 15, 2023, Board of Supervisors Meeting.

Review and Acceptance of Fiscal Year 2022 Audit

ON MOTION by Mr. Gressin, seconded by Mr. Abramski, with all in favor, the Board accepted the Fiscal Year 2022 Audit.

Discussion	Pertaining		to Stormwater/Wetland		Mitigation Completion Matters

Mr. Wingo had provided the wetland map that showed all of the wetland mitigation and wetland impacts that have taken place. He is planning to get in touch with an environmental subcontractor and have a report completed by October 30, 2023. Mr. Gressin asked that he add the conservation areas to the map as well as printing a few copies of the map in a larger format. The Board wanted to make sure that the map has the ponds numbered correctly. There were some questions concerning ponds 20, 21, and 22. Mr. Wingo stated that pond 20 has embankment issues. He also noted that access to pond 15 is currently blocked; it is overgrown and has fallen trees.

Ratification of Payment Authorization #191

The Board reviewed Payment Authorization #191

ON MOTION by Mr. Decker, seconded by Ms. Miller, with all in favor, the Board ratified Payment Authorization #191.

Review of District Financial Statements

The Board reviewed the District Financials.

ON MOTION by Mr. Powell, seconded by Mr. Gressin, with all in favor, the Board approved the District Financial Statements.

2 | P age 

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Counsel-	Ms. Hammock mentioned that some deeds were filed without the
District’s knowledge.

District Engineer-	No report.

District Manager-	Ms. Ripoll noted that the next meeting will be held July 10, 2023, at
1:00 p.m. She reminded the Board that their Form 1s are due by July 1.

FOURTH ORDER OF BUSINESS	Adjournment

There were no additional comments from the Board.

ON MOTION by Mr. Powell, seconded by Mr. Decker, with all in favor, the June 5, 2023, Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 1:19 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

3 | P age 

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Discussion Pertaining to Wetland Mitigation Completion Matters

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Westcoast Landscape & Lawns Proposal

LANDSCAPE	&	LAWNS
WWW.WESTCOASTLAWNS.COM P - 1-877-707-LAWN

June 13, 2023

WESTCOAST

Silverleaf CDD
Falling Leaf Ct Parrish Fl 34219

Dear Board Member,

We appreciate the opportunity to present a landscape Enhancement Proposal for your property.

We have measured your property and have determined that the enclosed proposal will provide your property with the quality attention and service it needs.

Westcoast Landscape and Lawns is a professional landscape company. We strive to give the best quality care to each individual client.

We feel confident that, given the opportunity, we will meet all your expectations. If you have any questions regarding the following proposal, please do not hesitate to call.

Sincerely,

TIM GREINER ACCOUNT MANAGER 941-224-8371
TGREINER@WESTCOASTLAWNS.COM

l•c-K1to.,,,..What Gn1•·s

I \ ( I Jt: ,, I: l•

ISA

.f/. °""

..:.\.VF. '£-,.I)·.

d•

'{	9-.

3

,;  -Cr<'IIU&  tQ(■.>  • J.

LANDSCAPE AGREEMENT
This Landscape Construction Agreement ("Agreement" or "Contract"}, by and between written, by and between
Silverleaf CDD		, (hereinafter referred to as the "Association/Owner") which is responsible for the facilities located at	Falling Leaf Ct Parrish FL 34219
(the "Property") and Westcoast Landscape and Lawns, Inc., who will perform the Landscape Construction services (hereinafter
referred to as "Contractor").

In consideration of the mutual covenants, conditions and agreements attached hereto and incorporated herein, and other good and
valuable consideration, the parties agree as follows:
Services
The Contractor shall perform the services identified in the Scope of Services set forth on Exhibit "A" to this Agreement (the "Services") at the Property. If additional work, including but not limited to, changes from the initial Services, repairs, replacement, troubleshooting, or replenishment("Additional Work"), is requested or required, the Association/Owner will be responsible for the cost of labor and material for such work. If Contractor agrees to perform the Additional Work, such work will be invoiced on a time and materials basis pursuant to a change order as described below.

Contract Price

Contractor agrees to perform the Services for a total contractual amount of:
Nine Thousand Eight Hundred Dollars

$9,800.00

For any Additional Work, terms and pricing must be proposed in a change order with such change order executed by both parties. Any such change order will become a part of this Agreement, with the executed change order controlling to the extent of any conflict between such executed change order and this Agreement.

Terms: Association/Owner shall pay any invoice within thirty (30) days following receipt thereof, and hereby agrees to pay interest at a rate equal to the lesser of 1.5% per month or the highest legal rate on all accounts not received within 45 days of invoice date. Further, the Association/Owner shall be responsible for any collection costs incurred by Contractor in collection of sums past due under this Agreement, including attorneys' fees and costs incurred. Contractor, without prejudice to Contractor's other rights and remedies, may halt any and all further work and services if Association/Owner has failed to timely pay sums due hereunder.

Term and Termination
This Agreement shall commence upon acceptance by the Association/Owner and shall continue in effect until the completion of the Services and any Additional Work, unless earlier terminated pursuant to the terms hereof. Either party may terminate this Agreement with ten (10) days prior written notice to the other, for convenience or with cause. Upon termination prior to completion of the Services and/or Additional Work, Contractor shall invoice the Association/Owner for any Services and/or Additional Work completed by Contractor as of the date of effective termination, which Association/Owner shall pay, without setoff, on the terms set forth in Section 2, above.

Insurance
Contractor will maintain throughout the term of this Agreement adequate general liability insurance, broad form contractual liability insurance and worker's compensation to meet its legal requirements. The contractor shall furnish a Certificate of Insurance describing coverage in effect and naming the Association/Owner as an additional insured on any general liability insurance. Association/Owner shall maintain its own liability insurance providing coverage for bodily injury, death, and property damage to any invitee of the Property, and property damage insurance against fire, vandalism, and other perils covering the value of the Property.

X
PG2

S. Property Damage
Association/Owner is responsible to notify Contractor of any underground utilities or irrigation systems and other Property conditions. Contractor is not responsible for any damage, including irrigation components, cable lines, power lines, etc. that may occur in the installation process without prior knowledge of location or whereabouts. Contractor is not responsible for the condition of the landscape due to drought, freeze or storm damage. In the event of any damage, Association/Owner and administrative representative of Contractor must allow forty-eight (48) hours for Contractor to inspect said damage, and Contractor shall establish the cause in its reasonable discretion. If the damage was caused by the negligence of the Contractor, Contractor may, at its option, either repair or pay for the repair of any such damage, but only to the extent caused by Contractor's negligence. Cost of the repairs performed by others that have been accepted by Contractor shall be billed to contractor directly and will not be deducted from sums owed to the Contractor by Owner.

Limitation of Liability
Contractor assumes no liability for damages caused by conditions beyond Contractor's control. Contractor shall have no liability for any defects in materials provided by others, and shall have no liability for any damages of any kind beyond ninety (90) days following completion of any Services or Additional Work (as applicable). IN NO EVENT SHALL CONTRACTOR OR ITS SUBSIDIARIES, AFFILIATES, SHAREHOLDERS, DIRECTORS, OFFICERS, AGENTS, SERVANTS, SUBCONTRACTORS, OR EMPLOYEES BE LIABLE UNDER THIS AGREEMENT FOR INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, STATUTORY, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOSS OF TIME, SHUTDOWN OR SLOWDOWN COSTS, LOSS OF BUSINESS OPPORTUNITIES, DAMAGE TO GOOD WILL OR REPUTATION, OR OTHER ECONOMIC LOSS, REGARDLESS OF WHETHER SUCH LIABILITY IS BASED ON BREACH OF CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR SUCH DAMAGES COULD HAVE BEEN REASONABLY FORESEEN.

Catastrophic or Natural Events
Work schedules may be interrupted by weather conditions to the point that scheduled activities, i.e., planting, pruning, edging etc., may be temporarily halted, with no liability to Contractor. Acceptable horticultural practices call for minimal pruning of freeze damaged material until the threat of future freezes has passed. Special clean ups and/or pruning due to storms, freezes, human initiated events by other than the Contractor, or other Acts of God are not included and will require extra charge based on time, material and disposal fees as per the fee and costs lists included herein. If a catastrophic or manmade event were to occur and all or part of the property become un-maintainable as this Agreement outlines, all services for the Association/Owner and the appropriate compensation to the Contractor (as determined by the Contractor in good faith) will besuspended until such time they can be resumed. If only part of the property were damaged, the contract payments and services provided would be prorated accordingly by Contractor in good faith. Work schedules may also be halted or interrupted as a result of government orders or recommendations, including, without any limitation, government orders and recommendations related to the COVID-19 pandemic, all without liability to Contractor.

Severability and Waiver
If any section, subsection, sentence, clause, phrase or word of this Contract be and is, for any other reason held or declared by a court of competent jurisdiction to be inoperative or void, such holdings shall not affect the remaining portions of this agreement. It shall be construed to have been the intent of the parties hereto to have agreed without such inoperative or invalid part being contained herein so that the remainder of this contract, after exclusion of such inoperative or invalid part, shall be deemed and held to be as valid as if such excluded part had never been included herein. The failure of either party hereto to insist, in any one or more instances, upon the performance of any of the terms, covenants or conditions of this agreement, or to exercise any right herein, shall not be construed as a waiver or relinquishment of such terms, covenant, condition or right as respects further performance. Any provision of this Agreement which by its terms survives tPrmin;:itinn nf thi Ai::rrPPmPnt /fnr Px;:imnlP withn11t limit;:itinn SPrtinn f; ;inn 11 \  h;:ill n  11rvh1P

'l.'-1111111'-"'-IVII VI 'l.lll...,T-,E,1'-''-111'-II\. \IVI '-"IUllllf-'1'-J 'f'fll,,IIVU'I. tllllll,,1,,1'1.IVII/ _,.._\,,.1,,IVIIJ U UII .... .1...1,./1 ...,,,,...11 J\J JUI 'flll''"-•

X
PG 3

Amendments
No change, modification, amendment, or addition of or to this Agreement shall be valid unless in writing and signed by authorized representatives of both parties.

Assignment
Neither party may assign this Agreement (or any change order hereunder) without the prior written consent of the other; notwithstanding that, Contractor may assign this Agreement (and any change orders) without consent of the other party as part of the sale of all or substantially all of Contractor's business.

Choice of Law and Forum; Attorney's Fees
The parties hereby agree that this Agreement, the construction of its terms and the determination of the rights and duties of the parties hereto shall be governed by and construed in accordance with the laws of the State of Florida, and that any action or suit arising out of or relating to this Agreement will be brought solely in any state or federal court located in Hillsborough County, Florida. Both parties hereby submit to the exclusive jurisdiction and venue of any such court. In any such action or suit, in addition to any other relief awarded, the prevailing party shall be entitled to collect from the losing party, the prevailing party's reasonable attorney's fees and costs. THE PARTIES FURTHER AGREE, TO THE EXTENT PERMITTED BY APPLICABLE LAW, TO WAIVE ANY RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY CLAIM, COUNTERCLAIM OR ACTION ARISING FROM THE TERMS OF THIS AGREEMENT.

Compliance with Laws
The parties will each comply with all applicable laws, regulations, and ordinances in performance of this Agreement.

Counterparts; Signatures
This Agreement may be executed in multiple counterparts, each of which shall for all purposes be deemed an original and all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. An executed signature page delivered via facsimile transmission or electronic signature shall be deemed as effective as an original executed signature page.

Entire Agreement
This Agreement (including any exhibits or schedules hereto, and any change orders executed hereunder) is the entire agreement between the parties with respect to the subject matter hereof and supersedes any prior agreements

Liens
l\c:c:nr-i tinn/O,Mni:>r'c: f il11r,:, tn tim,:,111 n 11 th,:, mn11ntc: rl11,:, rnntr f"tnr 11nrl,:,r thic 11.ar,:,,:,m,:,nt m 11 r,:,c:1 ilt in	r-bim nf li,:,n

EXHIBIT A
Scope:
Remove sediment from resevoirs, and remove clogged drain pipe behind 4650 to 5638 Deep Creek Terrace .
Install limestone gravel {3yards) as backfill to bottom of trench
install new drain pipes connected to resevoirs, cover with ( 3 yards) topsoil
install (3 pallets) of St Augustine Floratam sod over topsoil/ pipe trench .

drain pipe= $250 limestone gravel= $240 topsoil= $60
sod =$450
excavator machine operation =$1,300.00 Labor= $7,500.00

Total cost=$ 9,800.00

l;rveslo,,e r ·ro. I e., \ J

J
ov,
To
sr:\ f, 12._
Pf
.c..-.",,1"I'nt..a.::,- E-T

Uftto"I	or; tl\4',
dr•;"  p,t e.
b'f ½C'tl\ eki "l
/,:'widc  Al1nl

'f;pa fVI\S=

·AclJ
,,re•. f•t(,

I\

f>Adt
k "ea.+h
f'•Pc. .
co,ef"	-
.:trf '0	l

ftAfl
St'1i"''"+
-fn,
rtsevoir
tvbe

r-'\.:t.3Ut..10l.lVII/VVVIICI .:> 1a11u1c lV lllllC•y t-'t1Y 1.11i;:; QIIIVUlll.:>UUC \..,\JIII.ID\..t.VI UIIUCI llll.3 r-'\51cc111c11l 111ay IC.3UIL Ill O \..101111 VI IICII
against the Property under Chapter 713, Florida Statutes.

X
PG4

Accepted and Agreed:

Contractor:	Association/Owner:

TIM GREINER
Westcoast Representative (print)	Association/Owner (print)

.Pr):1-
ro--i3- 3

Signature	DATE	Signature	DATE

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorizations #192 – 193

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #192
5/31/2023		
Item No.	Payee	
Invoice	General Fund	

1	
FPL			
	Utilitiy Payment 54780-86159	2023.0500	$	29.64	
2	McClatchy Company			
	Legal Advertising on 05/08/2023 (Ad: IPL012047	414934	$	73.71	
3	PFM Group Consulting			
	District Mgmt Fees - May 2023	DM-05-2023-45	$	3,208.33	
		
TOTAL	
$3,311.68	

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:	Wednesday, May 31, 2023 11:36 AM
To:	Rick Montejano
Cc:	Larry Powell; Maggie Cesnick Abramski
Subject:	Re: SL PA 192
Attachments:	Silverleaf PA #192.pdf

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

Payment authorized as noted. I never received engineer’s written pond report so that invoice should show as outstanding. PFM was directed to have wetland and conservation area maps for all board members at the next meeting; please insure this happens

Sent from my iPhone
On May 31, 2023, at 11:26 AM, Rick Montejano <montejanor@pfm.com> wrote: Hi Paul –

Attached is the latest payment authorization for review and approval of payment. Thanks,
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 #193
6/15/2023

Item
No.	Payee	
Invoice	General
Fund	

1	
Kilinski Van Wyk, PLLC
District counsel services as of 03/30/23	

6838	

$	1,290.50	
2	McClatchy Company
Legal Advertising on 5/29/2022 (Ad: IPL0079400)	
195554	
73.71	
3	PFM Group Consulting
District Mgmt Fees - Jun 2023	
DM-06-2023-46	
$	3,208.33	
	Postage/FedEx - Apr 2023	OE-EXP-05-2023-45	2.71	
	Postage/FedEx - May 2023	OE-EXP-03-2023-37	6.94	
4	Rayl Engineering & Surveying, LLC
Professional Services Apr 2023	
RES 23-126-1	
$	2,890.95	
	Professional Services May 2023	RES 23-126-2	3,977.48	
5	Supervisor Fees - 6/5/2023 Meeting
Timothy Abramski	
2023.06.05	
$	200.00	
	Jonathan Decker	2023.06.05	200.00	
	Jackie Miller	2023.06.05	200.00	
	Paul Gressin	2023.06.05	200.00	
	Lawrence Powell	2023.06.05	200.00	
6	US Bank
Administration Fees 2/1/23-1/31/24 (2014)	
6835760	
$	5,262.13	
7	VGlobalTech
Website Maintenance - May 2023	
5031	
$	135.00	
		
TOTAL	
$17,847.75	

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 <paulgressin@gmail.com>
Sent:	Thursday, June 15, 2023 3:45 PM
To:	Rick Montejano
Subject:	Re: SL PA 193

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 You are authorized to pay the attached invoices
Sent from my iPhone
On Jun 15, 2023, at 3:31 PM, Rick Montejano <montejanor@pfm.com> wrote: Hi Paul –

Attached is the latest payment authorization for review and approval of payment. Thanks,
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 PA #193.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

District Financial Statements

Silverleaf CDD
Statement of Financial Position As of 5/31/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014,2019

Long Term	Total Debt Group

	Assets		
Current Assets
General Checking Account	
$310,905.92											
$310,905.92	
Assessments Receivable	15,745.77											15,745.77	
Prepaid Expenses	3,027.35											3,027.35	
Deposits	167.00											167.00	
Assessments Receivable - Off Roll	3,700.26											3,700.26	
Assessments Receivable			$74,279.92									74,279.92	
Debt Service Reserve 2014A1			23,187.50									23,187.50	
Revenue Account 2014A			333,118.60									333,118.60	
Revenue Account 2019A1			285,038.87									285,038.87	
Prepayment Acct. 2019A2			102,860.52									102,860.52	
Prepayment Acct. 2019A1			35,476.64									35,476.64	
Debt Service Reserve 2019A1			86,296.87									86,296.87	
Prepayment Acct. 2014A1			3,224.48									3,224.48	
Assessment Receivable - Off Roll			43,706.11									43,706.11	
Debt Service Reserve 2014A2				$84,318.75								84,318.75	
Prepayment Account 2014A2				1,327.09								1,327.09	
Sinking Fund 2014A2				0.01								0.01	
Revenue 2018A Bond						$145,695.75						145,695.75	
Prepayment 2018A1 Bond						1,081.43						1,081.43	
Debt Service Reserve 2018A1 Bond						79,750.00						79,750.00	
Prepayment 2018A2 Bond						22,205.30						22,205.30	
Assessments Receivable						17,712.11						17,712.11	
Assessment Receivable - Off Roll			
			5,126.49						5,126.49	
Total Current Assets	$333,546.30		$987,189.51	$85,645.85		$271,571.08		$0.00		$0.00		$1,677,952.74	

Investments													
Amount Available in Debt Service Funds											$1,203,581.81		$1,203,581.81	
Amount To Be Provided											6,066,418.19		6,066,418.19	
Total Investments	$0.00		$0.00		$0.00		$0.00		$0.00		$7,270,000.00		$7,270,000.00	
Total Assets		$333,546.30			$987,189.51			$85,645.85			$271,571.08			$0.00		  $7,270,000.00		  $8,947,952.74	

Page 1 of 2

Silverleaf CDD
Statement of Financial Position As of 5/31/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014,2019

Long Term	Total Debt Group

	Liabilities and Net Assets		
Current Liabilities					
Accounts Payable	$850.00											$850.00	
Deferred Revenue	15,745.77											15,745.77	
Deferred Revenue - Off Roll	3,700.26											3,700.26	
Deferred Revenue			$74,279.92									74,279.92	
Deferred Revenue - Off Roll			43,706.11									43,706.11	
Deferred Revenue						$17,712.11						17,712.11	
Deferred Revenue - Off Roll			
			5,126.49						5,126.49	
Total Current Liabilities	$20,296.03		$117,986.03	$0.00		$22,838.60		$0.00		$0.00		$161,120.66	

Long Term Liabilities
Revenue Bonds Payable LongTerm

$7,270,000.00	$7,270,000.00

Total Long Term Liabilities	$0.00		$0.00		$0.00		$0.00		$0.00		$7,270,000.00		$7,270,000.00	
Total Liabilities	$20,296.03		$117,986.03		$0.00		$22,838.60		$0.00		$7,270,000.00		$7,431,120.66	

Net Assets

Net Assets, Unrestricted	($4,139.20)												($4,139.20)	
Current Year Net Assets, Unrestricted	(1,421.51)												(1,421.51)	
Net Assets - General Government	286,934.37												286,934.37	
Current Year Net Assets - General Government	31,876.61												31,876.61	
Net Assets, Unrestricted			$2,684,280.16										2,684,280.16	
Current Year Net Assets, Unrestricted			(1,815,076.68)										(1,795,617.21)	
Net Assets, Unrestricted					$85,646.24								85,646.24	
Current Year Net Assets, Unrestricted					(0.39)								(0.39)	
Net Assets, Unrestricted							$294,429.78						294,429.78	
Current Year Net Assets, Unrestricted							(45,697.30)						(65,156.77)	
Net Assets, Unrestricted									$50,000.00				50,000.00	
Net Assets - General Government									(50,000.00)				(50,000.00)	
Total Net Assets	$313,250.27		$869,203.48		$85,645.85		$248,732.48		$0.00		$0.00		$1,516,832.08	
														
Total Liabilities and Net Assets	$333,546.30		$987,189.51		$85,645.85		$271,571.08		$0.00		$7,270,000.00		$8,947,952.74	

Page 2 of 2

Silverleaf CDD Statement of Activities As of 5/31/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018

Construction Fund - 2014,2019

Long Term	Total Debt Group

Revenues

On-Roll Assessments	$134,529.23												$134,529.23	
Off-Roll Assessments	11,100.78												11,100.78	
Inter-Fund Transfers In	(1,421.51)												(1,421.51)	
On-Roll Assessments			$317,552.58										317,552.58	
Off-Roll Assessments			131,118.33										131,118.33	
Other Assessments			432,041.48										432,041.48	
Inter-Fund Group Transfers In			(167,163.07)										(167,163.07)	
Inter-Fund Group Transfers In					$168,584.58								168,584.58	
On-Roll Assessments							$168,139.14						168,139.14	
Off-Roll Assessments							15,379.47						15,379.47	
Total Revenues	$144,208.50		$713,549.32		$168,584.58		$183,518.61		$0.00		$0.00		$1,209,861.01	

Expenses

Supervisor Fees	$6,800.00												$6,800.00	
Public Officials' Insurance	3,098.00												3,098.00	
Trustee Services	9,840.65												9,840.65	
Management	25,666.64												25,666.64	
Engineering	657.00												657.00	
Dissemination Agent	7,500.00												7,500.00	
District Counsel	15,496.25												15,496.25	
Assessment Administration	12,500.00												12,500.00	
Reamortization Schedules	1,625.00												1,625.00	
Audit	4,600.00												4,600.00	
Postage & Shipping	34.52												34.52	
Legal Advertising	948.87												948.87	
Office Supplies	125.00												125.00	
Web Site Maintenance	1,545.00												1,545.00	
Dues, Licenses, and Fees	175.00												175.00	
Wetland Maintenance Reserve	19,149.05												19,149.05	
Wetlands Monitoring	205.42												205.42	
General Insurance	3,787.00												3,787.00	
Principal Payment - 2019A1 Bond			$200,000.00										200,000.00	
Principal Payment - 2019A2 Bond			2,075,000.00										2,075,000.00	
Interest Payments - 2014A1 Bond			30,700.00										30,700.00	
Interest Payments - 2019A1 Bond			131,332.50										131,332.50	
Interest Payments - 2019A2 Bond			72,170.00										72,170.00	
Principal Payments - 2014A2 bond					$40,000.00								40,000.00	
Interest Payments - 2014A2 bond					128,587.50								128,587.50	
Principal Payment - 2018A1 Bond							$40,000.00						40,000.00	
Principal Payment - 2018A2 Bond							60,000.00						60,000.00	
Interest Payment - 2018A1 Bond							121,691.26						121,691.26	
Interest Payment - 2018A2 Bond							26,992.50						26,992.50	
Total Expenses	$113,753.40		$2,509,202.50		$168,587.50		$248,683.76		$0.00		$0.00		$3,040,227.16	

Page 1 of 2

Silverleaf CDD Statement of Activities As of 5/31/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018

Construction Fund - 2014,2019

Long Term	Total Debt Group

Other Revenues (Expenses) & Gains (Losses)		
Interest Income			$35.97											$35.97	
Interest Income					$2.53									2.53	
Interest Income								$8.38						8.38	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$35.97		$2.53			$8.38		$0.00		$0.00		$46.88	

Change In Net Assets	
$30,455.10		
($1,795,617.21)		
($0.39)		
($65,156.77)		
$0.00		
$0.00		
($1,830,319.27)	

Net Assets At Beginning Of Year	
$282,795.17		
$2,684,280.16		
$85,646.24		
$294,429.78		
$0.00		
$0.00		
$3,347,151.35	

Net Assets At End Of Year	

$313,250.27		

$888,662.95		

$85,645.85		

$229,273.01		

$0.00		

$0.00		

$1,516,832.08	

Page 2 of 2

Silverleaf CDD
Budget to Actual
For the Month Ending 5/31/2023

Year To Date

Actual	Budget	Variance

FY 2023
Adopted Budget

Revenues

On-Roll Assessments	$134,529.23		$100,183.36		$34,345.87		$ 150,275.00	
Off-Roll Assessments	11,100.78		-		11,100.78		-	
Carry Forward Revenue	204,991.07		102,206.40		102,784.67		153,309.61	
Inter-Fund Transfers In	(1,421.51)		-		(1,421.51)		-	
Net Revenues	$349,199.57		$202,389.76		$146,809.81		$ 303,584.61	

General & Administrative Expenses

Supervisor Fees	$6,800.00		$8,000.00		$(1,200.00)		$	12,000.00	
Public Officials' Insurance	3,098.00		2,200.00		898.00		3,300.00	
Trustee Services	9,840.65		8,900.00		940.65		13,350.00	
Management	25,666.64		25,666.64		-		38,500.00	
Engineering	657.00		10,000.00		(9,343.00)		15,000.00	
Dissemination Agent	7,500.00		10,000.00		(2,500.00)		15,000.00	
District Counsel	15,496.25		10,000.00		5,496.25		15,000.00	
Assessment Administration	12,500.00		8,333.36		4,166.64		12,500.00	
Reamortization Schedules	1,625.00		500.00		1,125.00		750.00	
Audit	4,600.00		3,500.00		1,100.00		5,250.00	
Arbitrage Calculation	-		666.64		(666.64)		1,000.00	
Postage & Shipping	34.52		133.36		(98.84)		200.00	
Legal Advertising	948.87		1,000.00		(51.13)		1,500.00	
Bank Fees	-		120.00		(120.00)		180.00	
Miscellaneous	-		333.36		(333.36)		500.00	
Office Supplies	125.00		166.64		(41.64)		250.00	
Web Site Maintenance	1,545.00		1,880.00		(335.00)		2,820.00	
Dues, Licenses, and Fees	175.00		116.64		58.36		175.00	
Wetland Maintenance Reserve	19,149.05		2,666.64		16,482.41		4,000.00	
Wetlands Monitoring	205.42		-		205.42		-	
Stormwater Management	-		71,544.48		(71,544.48)		107,316.73	
General Insurance	3,787.00		2,666.64		1,120.36		4,000.00	
General Repair & Maintenance	-		3,333.44		(3,333.44)		5,000.00	
Hardscape Maintenance	-		30,661.92		(30,661.92)		45,992.88	
Total General & Administrative Expenses	$113,753.40		$202,389.76		$(88,636.36)		$ 303,584.61	
Total Expenses		$113,753.40			$202,389.76			$(88,636.36)		 $ 303,584.61 	
Net Income (Loss)	$235,446.17		$	-		$235,446.17		$	-	

Page 1 of 1