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, January 8, 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: 2538 286 6774 #
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 December 4, 2023, Board of Supervisors Meeting
Consideration of Rayl Engineering 2024 Hourly Rate Schedule
Status Report on Drainage Contract with Westcoast for Deep Creek
Ratification of Brightview Proposal
Ratification of Payment Authorization #203 – 207
Review of District Financial Statements

Other Business

Staff Reports
District Counsel
District Engineer
District Manager
Update on Resident Concerns
Audience Comments
Supervisors Requests

Adjournment

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Minutes of the December 4, 2023, Board of Supervisors Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Monday, December 4, 2023, at 1:00 p.m. 3805 Shimmering Oaks Dr
Parrish, FL 34202

Board Members in attendance via conference call or in person:

Paul Gressin	Chairperson		
Lawrence Powell	Vice Chairperson	(via phone; 1:07 p.m.)	
Jackie Miller	Assistant Secretary		
Timothy Abramski	Assistant Secretary		
Jonathan Decker	Assistant Secretary	(via phone)	

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)	
Alan Rayl	Rayl Engineering	(via phone)	
Caleb Wingo	Rayl Engineering	(via phone)	
Molly Maggiano	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 1:02 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 public comments at this time.

SECOND ORDER OF BUSINESS	General Business Matters

1 | P age 

Consideration of the Minutes of the November 6, 2023, Board of Supervisors Meeting

The Board reviewed the Minutes of the November 6, 2023, Board of Supervisors’ Meeting.

ON MOTION by Mr. Gressin, seconded by Mr. Abramski, with all in favor, the Board approved the Minutes of the November 6, 2023, Board of Supervisors Meeting.

Consideration of Resolution 2024-02, Election of Officers

Ms. Ripoll suggested that she be made Secretary for the District and suggested the addition of PFM Accountants as Assistant Treasurers to assist in processing payments.

ON MOTION by Ms. Miller, seconded by Mr. Abramski, with all in favor, the Board approved Resolution 2024-02, Election of Officers with Paul Gressin as Chair, Lawrence Powell as Vice Chair, Venessa Ripoll as Secretary, Timothy Abramski, Jackie Miller, Jonathan Decker, Vivian Carvalho and Jorge Jimenez as Assistant Secretaries, Jennifer Glasgow as Treasurer, and Amanda Lane, Rick Montejano, Verona Griffith, and Amy Champagne as Assistant Treasurers.

Consideration of Resolution 2024-03, Designating Authorized Signatories for the District’s Bank Account(s)

Ms. Ripoll noted that this would make the previously added Assistant Treasurers into Authorized Signatories for the District.

ON MOTION by Ms. Miller, seconded by Mr. Gressin, with all in favor, the Board approved Resolution 2024-03, Designating Authorized Signatories for the District’s Bank Account(s).

Ratification of Payment Authorization #201 – 202

2 | P age 

The Board reviewed Payment Authorizations #201 – 202.

ON MOTION by Ms. Miller, seconded by Mr. Abramski, with all in favor, the Board ratified Payment Authorizations #201 – 202.

Review of District Financial Statements

The Board reviewed the District Financials as of October 2023. Mr. Powell joined the meeting at 1:07 p.m. via phone.

ON MOTION by Ms. Miller, seconded by Mr. Abramski, with all in favor, the Board accepted the District Financial Statements.

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Counsel-	No report.

District Engineer-	Mr. Rayl stated that they are waiting on the certificate of insurance
from West Coast for the soil regrading. District Counsel was able to obtain a W-9 in preparation to purchase the wetland mitigation credits; once documentation is received they will submit it to their environmental engineer.

District Manager-	Ms. Ripoll mentioned that the next meeting is scheduled for January
8, 2024, at 1:00 p.m.

Supervisor	Requests	and	Audience Comments

A homeowner asked about the number of credits the District will be receiving and where the credits will be applied. Mr. Rayl stated that the amount is a little over $123,000 and explained the application towards the wetlands within the community; he mentioned that the application process should be completed within 30 days.

3 | P age 

FOURTH ORDER OF BUSINESS	Adjournment

There were no additional comments from the Board.

ON MOTION by Mr. Decker, seconded by Mr. Powell, with all in favor, the December 4, 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

4 | P age 

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Rayl Engineering 2024 Hourly Rate Schedule

ENGINEERING & SURVEYING, LLC

L

Public Sector Hourly Rate Schedule
Rates are effective Through December 31, 2024 and are subject to increase annually.

Sr. Professional/Principal	$225.00/hour

Project Engineer/PE	$175.00/hour

Professional Surveyor & Mapper/PSM	$175.00/hour

Sr.Project Manager	$165.00/hour

Project Engineer/E.I.	$150.00/hour

Project Manager	$120.00/hour

Sr.Design Technician	$110.00/hour

Design Technician	$100.00/hour

Technical Support/CAD	$95.00/hour

Survey Crew (2 or 3 man)	$225.00/hour

Survey Crew (1 man)	$200.00/hour

Executive & Administrative Assistant/Office Manager	$75.00/hour

Clerical Assistant	$65.00/hour

Expert Witness Testimony/Research/ Support Services	$425.00/hour

81 0 East Main Street• Bartow, FL 33830 • 863-53 7-7901 • alan@raylengineering.com www.raylengineering.com

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Status Report on Drainage Contract with Westcoast for Deep Creek

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Brightview Proposal

Silverleaf CDD Tree Care Services Proposal

12/13/2023

Customer Name	Silverleaf CDD

Jobsite Name	Silverleaf CDD

Customer Phone	407-723-5900

Jobsite Address

3624 Shimmering Oaks Dr.

Customer E-Mail	paulgressin@gmail.com

Jobsite City, St, Zip	Parrish, FL., 34219

Billing Address	3501 Quadrangle Blvd., Suite 27

Jobsite Contact

Steve Burch

Billing City, St, Z	Orlando, FL 32817

Jobsite Contact Phon	(941) 315-1063

Tree Species	Quantity

Service

Location

Estimated Cost

$1,200

Utilize the crane while on site to Cut and Remove two large laterals Natural area to left of that are dead. Cut back a third large Lateral which is partially dead 10506 Falling Leaf Ct.

1

Live Oak

and growing toward a residence.

While all due care will be utilized, BrightView Tree Care is not responsible for damage to surrounding landscaping, including sod, as a result of tree removal or falling debris.

Equipment Required: Small Saw, Mid-Range Saw, 60 ton crane.

Items included in this price

s

Jobsite clean-up and debris disposal	      All materials

City ordinances for noise and traffic blockage researched and followed
Company-supplied, regularly-maintained	 tools and equipment

All applicable taxe Drive time	

Steve Burch	(941) 315-1063

Total Cost :	$1,200

7175 21st Street East - Sarasota, Florida 34243 Fax 941. 756. 2851 Ph. 941. 756. 2939
www.treecareservices.com

THIS IS NOT AN INVOICE

Utilize Crane already on site to cut and remove two large dead laterals

Utilize Crane already on site to cut back third large lateral that is partially dead and hanging over residence

BrightView Tree Care Services Terms & Conditions

Bid Specifications: The Contractor shall recognize and perform in accordance with only written terms, specifications, and drawings contained or referred to herein. All materials shall conform to bid specifications.

Work Force: Contractor shall designate a qualified representative with experience in tree management. The work force shall be presentable at all times. All employees shall be competent and qualified and shall be legally authorized to work in the U.S.

Tree & Stump Removal: Trees removed will be cut as close to the ground as possible based on conditions near to or next to the bottom of the tree trunk. Additional charges will be levied for unseen hazards such as, but not limited to concrete or brick filled trunks, metal rods, etc. If requested, mechanical grinding of visible tree stump will be done to a defined width and depth below ground level at an additional charge to the Client/Owner. Defined backfill and landscape material may be specified. Client/Owner shall be responsible for contacting Underground Service Alert to locate underground utility lines prior to start of work. BrightView Tree Care Services is not responsible for damage done to underground utilities such as, but not limited to, cables, wires, pipes, and irrigation parts. BrightView Tree Care Services will repair damaged irrigation lines at the Client/Owner's expense.

Scheduling of Work: If the jobsite conditions materially change from the time of approval of this proposal to the time the work starts, such that the job costs are adversely changed, this proposal is null and void. Scheduling of work is dependent on weather conditions and workloads. Our office will call the day prior to the work being done, unless other arrangements are made.

Work Hours: Any work, including emergency work, overtime and weekend work performed outside of the normal working hours (Monday-Friday between 6:30 a.m. and 2:30 p.m.) shall be billed at overtime rates. Use of power equipment will commence at 7:00 a.m., unless otherwise specified in the scope of work. Additional charges will be applied if crews cannot use power equipment by 9:00 a.m.

License and Permits: Contractor shall maintain a Landscape Contractor’s license if required by State or local law and will comply with all other license and permit requirements of relevant city, state and federal governments, as well as all other requirements of law.

Taxes: Contractor agrees to pay all applicable taxes, including sales taxes on material supplied, where applicable.

Insurance: Contractor agrees to provide General Liability Insurance, Automotive Liability Insurance, Worker’s Compensation Insurance, and any other insurance required by law or Client/Owner, as specified in writing prior to commencement of work. If not specified, Contractor will furnish insurance with a $1,000,000 limit of liability.

Liability: Contractor shall indemnify the Client/Owner and its agents and employees from and against any liabilities that arise out of Contractor’s work to the extent such liabilities are adjudicated to have been caused by Contractor’s negligence or willful misconduct. Contractor shall not be liable for any damage that occurs from acts of God. Acts of God are defined as those caused by windstorm, hail, fire, flood, earthquake, hurricane and freezing, etc. Under these circumstances, Contractor shall have the right to renegotiate the terms and prices of this agreement within sixty (60) days. Any illegal trespass, claims and/or damages resulting from work requested that is not on property owned by Client/Owner or not under Client/Owner management and control shall be the sole responsibility of Client/Owner.

Waiver of Liability: Requests for crown thinning in excess of twenty-five percent (25%), or work not in accordance with ISA (International Society of Arboricultural) standards will require a signed waiver of liability.

Subcontractors: Contractor reserves the right to hire qualified subcontractors to perform specialized functions or work requiring specialized equipment.

Additional Services: Any additional work not specified in the signed written proposal that involves additional costs will be executed only upon signed written order and will become an extra charge over and above the estimate.

Access to Job Site: Client/Owner shall provide all utilities to perform the work. Client/Owner shall furnish access to all parts of the job site where Contractor is to perform work as required by the Contract or other functions related thereto, during normal business hours and other reasonable periods of time. Contractor will perform the work as reasonably practical after the owner makes the site available for performance of the work.

Invoicing: Client/Owner shall make payment to Contractor within fifteen
(15) days of receipt of invoice.

Cancellation: Notice of cancellation of work must be received in writing before the crew is dispatched to their location or Client/Owner will be liable for a minimum travel charge of $150.00 and billed to Client/Owner.

Assignment: The Client/Owner and the Contractor, respectively, bind themselves, their partners, successors, assignees and legal representatives to the other party with respect to all covenants of this Contract. In the event of sale or transfer of Client/Owner's interest in its business and/or the property which is the subject of this agreement, Client/Owner must first obtain the written consent of Contractor for the assignment of any interest in this agreement to be effective.

Disclaimer: This proposal for tree care services was estimated and priced based upon a site visit and visual inspection from ground level using ordinary means, at or about the time this proposal was prepared. The price quoted in this proposal for the work described, is the result of that ground level visual inspection and therefore our company will not be liable for any additional costs or damages for additional work not described herein, or liable for any incidents/accidents resulting from conditions, that were not ascertainable by said ground level visual inspection by ordinary means at the time said inspection was performed. The work performed by BrightView Tree Care Services is intended to reduce the chances of tree failure and any corresponding property liabilities, in addition to enhancing aesthetic value but is not a guarantee. We cannot be held responsible for unknown or otherwise hidden defects of your trees, which may fail in the future. The corrective work proposed herein cannot guarantee exact results. Professional engineering, architectural, and/or landscape design services (“Design Services”) are not included in this Agreement and shall not be provided by the Contractor. Any design defects in the Contract Documents are the sole responsibility of the Owner. If the Client/Owner must engage a licensed engineer, architect and/or landscape design professional, any costs concerning these Design Services are to be paid by the Client/Owner directly to the designer involved.

Acceptance of this Proposal
Contractor is authorized to perform the work stated on the face of this proposal. Payment will be 100% due at time of billing. If payment has not been received by BrightView Tree Care Services within fifteen (15) days after billing, BrightView Tree Care Services shall be entitled to all costs of collection, including reasonable attorneys’ fees and it shall be relieved of any obligation to continue performance under this or any other Contract with Client/Owner. Interest at a per annum rate of 1% per month, or the highest rate permitted by law, will be charged on unpaid balance 45 days after billing.

NOTICE: FAILURE TO MAKE PAYMENT WHEN DUE FOR COMPLETED WORK ON CONSTRUCTION JOBS, MAY RESULT IN A MECHANIC’S LIEN ON THE TITLE TO YOUR PROPERTY.

Customer

Signature	Title

Printed Name	Date

BrightView Tree Care Services
Steve Burch	Business Developer

Signature	Title

Steve Burch	12/13/2023

Printed Name	Date

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorizations #203 – 207

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #203
11/27/2023

Item	Payee	General
No.	Invoice	Fund

1	The Mitchell Family, LLC
Mitigation Bank Credits	11.27.23

$ 159,900.00

TOTAL	$ 159,900.00

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@gmail.com>
Sent:	Tuesday, November 28, 2023 10:53 AM
To:	Rick Montejano
Subject:	Re: PA 203 - Wetland Mitigation

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Please accept this email response as authorization to proceed
Sent from my iPad

On Nov 28, 2023, at 9:53 AM, Rick Montejano <montejanor@pfm.com> wrote:

Hi Paul –

Attached is the latest payment authorization along with the signed agreement. Please reply with approval to begin process.

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 #203.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #204
12/5/2023

Item
No.	Payee	
Invoice	General
Fund	

1	
FPL			
	Utility Payment 54780-86159	2023.10	$	29.39	
2	McClatchy Company
Legal Advertising on 11/27/23 (Ad: IPL01489440)	
225832	
$	66.69	
3	Rayl Engineering & Surveying, LLC			
	Professional Services Oct 2023	RES 23-126-7	$	9,194.74	
4	Supervisor Fees - 12/4/2023 Meeting			
	Timothy Abramski	2023.12.04	$	200.00	
	Jonathan Decker	2023.12.04	200.00	
	Jackie Miller	2023.12.04	200.00	
	Paul Gressin	2023.12.04	200.00	
	Lawrence Powell	2023.12.04	200.00	

	
TOTAL	
$	10,290.82	
	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:	Tuesday, December 5, 2023 11:35 AM
To:	Rick Montejano
Subject:	Re: PA 204

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

Sent from my iPhone

On Dec 5, 2023, at 10:36 AM, Rick Montejano <montejanor@pfm.com> wrote:

Paul –

Attached is the latest payment authorization for Silverleaf CDD. Please review for 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 #204.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #205
12/14/2023

Item
No.	Payee	
Invoice	General
Fund	

1	
Kilinski Van Wyk, PLLC			
	District Counsel Services as of 10/30/2023	7967	$	2,305.91	
2	McClatchy Company
Legal Ads on 09/04/2023, 09/06/2023, 09/25/2023	
215818	
$	72.54	
3	PFM Financial Advisors			
	Re-amortization Services for Series 2018 A2, 2019 A1/A2	128382	$	750.00	
4	PFM Group Consulting			
	Quarterly Disclosure 10.01.2023 - 12.31.2023	128240	$	3,750.00	
	October District Management Fee	DM-10-2023-46	$	3,529.17	
	November District Management Fee	DM-11-2023-47	$	3,529.17	
	December District Management Fee	DM-12-2023-48	$	3,529.17	
	October Postage/FedEx	OE-EXP-11-2023-24	$	3.20	
5	Rayl Engineering & Surveying, LLC			
	November Professional Services	RES 23-126-8	$	1,328.90	

	
TOTAL	
$	18,798.06	
	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, December 14, 2023 1:48 PM
To:	Rick Montejano
Subject:	Re: PA 205

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Payment authorized as attached invoices show
Sent from my iPhone

On Dec 14, 2023, at 1:13 PM, Rick Montejano <montejanor@pfm.com> wrote:

Paul –

Attached is the latest payment authorization for Silverleaf CDD. Please review for 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 #205.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #206
12/21/2023

Item
No.	Payee	
Invoice		General
Fund	

1	
BrightView Tree Care Service
Tree Work performed	

5686133	

$	

6,000.00	

TOTAL	$	-

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@gmail.com>
Sent:	Thursday, December 21, 2023 2:02 PM
To:	Rick Montejano
Subject:	Re: PA 206

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Payment approved
Sent from my iPad

On Dec 21, 2023, at 11:29 AM, Rick Montejano <montejanor@pfm.com> wrote:

Hi Paul –

This was held up as we were waiting for W9. We did end up receiving, but never processed on our end. I reached out to Janice asking for the remaining outstanding invoices.

Please review for 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 #206.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #207
12/28/2023

Item
No.	Payee		
Invoice	General
Fund	

1	
BrightView Tree Care Service
Cut live oaks to stumps		

8557897	

$	6,500.00	
2	PFM Group Consulting
Postage/FedEx - Nov 23		
OE-EXP-12-2023-27	
$	4.26	
3	VGlobalTech
Website Maintenance - Dec 2023		
5720	
$	135.00	
			
TOTAL	
$	6,639.26	
	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, December 28, 2023 3:21 PM
To:	Rick Montejano
Subject:	Re: PA 207

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Attached invoices approved for payment

Sent from my iPhone

On Dec 28, 2023, at 2:58 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 #207.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

District Financials

Silverleaf CDD
Statement of Financial Position As of 11/30/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014A,2019

Long Term	Total Debt Group

	Assets		
Current Assets
General Checking Account	

$29,866.39											

$29,866.39	
Assessments Receivable	147,503.81											147,503.81	
Deposits	167.00											167.00	
Assessments Receivable - Off Roll	822.27											822.27	
Accounts Rec. - Mitigation	159,900.00											159,900.00	
Assessments Receivable			$357,344.20									357,344.20	
Debt Service Reserve 2014A1			23,187.50									23,187.50	
Revenue Account 2014A			96,141.10									96,141.10	
Revenue Account 2019A1			70,038.42									70,038.42	
Prepayment Acct. 2019A2			93,444.45									93,444.45	
Prepayment Acct. 2019A1			7,121.89									7,121.89	
Debt Service Reserve 2019A1			82,496.87									82,496.87	
Prepayment Acct. 2014A1			3,224.48									3,224.48	
Assessment Receivable - Off Roll			2,656.90									2,656.90	
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						$3,204.42						3,204.42	
Prepayment 2018A1 Bond						1,089.21						1,089.21	
Debt Service Reserve 2018A1 Bond						46,550.18						46,550.18	
Prepayment 2018A2 Bond						24,176.53						24,176.53	
Assessments Receivable						171,043.17						171,043.17	
Assessment Receivable - Off Roll			
			6,835.30						6,835.30	
Total Current Assets	$338,259.47		$735,655.81	$85,645.85		$252,898.81		$0.00		$0.00		$1,412,459.94	

Investments													
Amount Available in Debt Service Funds											$536,320.90		$536,320.90	
Amount To Be Provided											6,408,679.10		6,408,679.10	
Total Investments	$0.00		$0.00		$0.00		$0.00		$0.00		$6,945,000.00		$6,945,000.00	
Total Assets	$338,259.47		$735,655.81		$85,645.85		$252,898.81		$0.00		$6,945,000.00		$8,357,459.94	

Liabilities and Net Assets

Current Liabilities
Deferred Revenue
Deferred Revenue - Off Roll

$160,003.81	$160,003.81
822.27	822.27

Deferred Revenue			$357,344.20										357,344.20	
Deferred Revenue - Off Roll			2,656.90										2,656.90	
Deferred Revenue							$171,043.17						171,043.17	
Deferred Revenue - Off Roll							6,835.30						6,835.30	
Total Current Liabilities	$160,826.08		$360,001.10		$0.00		$177,878.47		$0.00		$0.00		$698,705.65	

Long Term Liabilities
Revenue Bonds Payable LongTerm											

$6,945,000.00		

$6,945,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$0.00		$0.00		$6,945,000.00		$6,945,000.00	
Total Liabilities	$160,826.08		$360,001.10		$0.00		$177,878.47		$0.00		$6,945,000.00		$7,643,705.65	

Net Assets
Net Assets, Unrestricted	($4,139.20)												($4,139.20)	
Net Assets - General Government	210,317.73												210,317.73	
Current Year Net Assets - General Government	(28,745.14)												(28,745.14)	
Net Assets, Unrestricted			$932,289.71										932,289.71	
Current Year Net Assets, Unrestricted			(556,635.00)										(556,635.00)	
Net Assets, Unrestricted					$85,871.95								85,871.95	
Current Year Net Assets, Unrestricted					(226.10)								(226.10)	
Net Assets, Unrestricted							$335,778.72						335,778.72	
Current Year Net Assets, Unrestricted							(260,758.38)						(260,758.38)	
Net Assets, Unrestricted									$50,000.00				50,000.00	
Net Assets - General Government									(50,000.00)				(50,000.00)	
Total Net Assets	$177,433.39		$375,654.71		$85,645.85		$75,020.34		$0.00		$0.00		$713,754.29	
														
Total Liabilities and Net Assets	$338,259.47		$735,655.81		$85,645.85		$252,898.81		$0.00		$6,945,000.00		$8,357,459.94	

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Silverleaf CDD Statement of Activities As of 11/30/2023

General Fund

Debt Service - 2014A1, 2019

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014,2019

Long Term	Total Debt Group

Revenues

On-Roll Assessments	$1,737.98												$1,737.98	
On-Roll Assessments			$4,881.11										4,881.11	
Other Assessments			9,439.53										9,439.53	
Inter-Fund Group Transfers In			(62,328.39)										(62,328.39)	
Inter-Fund Group Transfers In					$62,328.39								62,328.39	
On-Roll Assessments							$1,664.19						1,664.19	
Other Assessments							19,101.07						19,101.07	
Total Revenues	$1,737.98		($48,007.75)		$62,328.39		$20,765.26		$0.00		$0.00		$36,823.88	

Expenses

Supervisor Fees	$1,600.00												$1,600.00	
Public Officials' Insurance	3,222.00												3,222.00	
Trustee Services	4,781.39												4,781.39	
Assessment Administration	12,500.00												12,500.00	
Postage & Shipping	3.18												3.18	
Legal Advertising	100.02												100.02	
Web Site Maintenance	270.00												270.00	
Dues, Licenses, and Fees	175.00												175.00	
Wetland Maintenance Reserve	5,840.65												5,840.65	
Wetlands Monitoring	58.90												58.90	
General Insurance	3,938.00												3,938.00	
Principal Payment - 2019A1 Bond			$65,000.00										65,000.00	
Interest Payments - 2014A1 Bond			15,350.00										15,350.00	
Interest Payments - 2019A1 Bond			61,112.50										61,112.50	
Interest Payments - 2019A2 Bond			2,100.00										2,100.00	
Assessment Refund			369,310.23										369,310.23	
Interest Payments - 2014A2 bond					$62,943.75								62,943.75	
Principal Payment - 2018A2 Bond							$75,000.00						75,000.00	
Interest Payment - 2018A1 Bond							59,855.00						59,855.00	
Interest Payment - 2018A2 Bond							11,357.50						11,357.50	
Assessment Refund							136,834.99						136,834.99	
Total Expenses	$32,489.14		$512,872.73		$62,943.75		$283,047.49		$0.00		$0.00		$891,353.11	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$2,006.02		$4,245.48										$6,251.50	
Interest Income					$389.26								389.26	
Interest Income							$1,523.85						1,523.85	
Total Other Revenues (Expenses) & Gains (Losses)	$2,006.02		$4,245.48		$389.26		$1,523.85		$0.00		$0.00		$8,164.61	
Change In Net Assets	($28,745.14)		($556,635.00)		($226.10)		($260,758.38)		$0.00		$0.00		($846,364.62)	

Net Assets At Beginning Of Year	
$206,178.53		
$932,289.71		
$85,871.95		
$335,778.72		
$0.00		
$0.00		
$1,560,118.91	

Net Assets At End Of Year	

$177,433.39		

$375,654.71		

$85,645.85		

$75,020.34		

$0.00		

$0.00		

$713,754.29	

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Silverleaf CDD
Budget to Actual
For the Month Ending 11/30/2023

Year To Date

Actual	Budget	Variance

FY 2024
Adopted Budget

Revenues

On-Roll Assessments	$1,737.98		$25,045.84		$(23,307.86)		$150,275.00	
Carry Forward Revenue	34,041.48		34,041.48		-		204,248.86	
Net Revenues	$1,737.98		$59,087.32		$(57,349.34)		$354,523.86	

General & Administrative Expenses

Supervisor Fees	$1,600.00		$2,000.00		$(400.00)		$12,000.00	
Public Officials' Insurance	3,222.00		568.00		2,654.00		3,408.00	
Trustee Services	4,781.39		2,225.00		2,556.39		13,350.00	
Management	-		7,058.34		(7,058.34)		42,350.00	
Engineering	-		2,500.00		(2,500.00)		15,000.00	
Disclosure Agent	-		2,500.00		(2,500.00)		15,000.00	
District Counsel	-		2,500.00		(2,500.00)		15,000.00	
Assessment Administration	12,500.00		2,083.34		10,416.66		12,500.00	
Reamortization Schedules	-		125.00		(125.00)		750.00	
Audit	-		875.00		(875.00)		5,250.00	
Arbitrage Calculation	-		166.66		(166.66)		1,000.00	
Postage & Shipping	3.18		33.34		(30.16)		200.00	
Legal Advertising	100.02		250.00		(149.98)		1,500.00	
Miscellaneous	-		83.34		(83.34)		500.00	
Office Supplies	-		41.66		(41.66)		250.00	
Web Site Maintenance	270.00		470.00		(200.00)		2,820.00	
Dues, Licenses, and Fees	175.00		29.16		145.84		175.00	
Wetland Maintenance Reserve	5,840.65		3,327.10		2,513.55		19,962.60	
Wetlands Monitoring	58.90		333.34		(274.44)		2,000.00	
Stormwater Management	-		21,273.26		(21,273.26)		127,639.58	
General Insurance	3,938.00		694.34		3,243.66		4,166.00	
General Repair & Maintenance	-		833.34		(833.34)		5,000.00	
Hardscape Maintenance	-		9,117.10		(9,117.10)		54,702.68	
Total General & Administrative Expenses	$32,489.14		$59,087.32		$(26,598.18)		$354,523.86	
Total Expenses		$32,489.14			$59,087.32			$(26,598.18)			$354,523.86	
Income (Loss) from Operations	$(30,751.16)		$0.00		$(30,751.16)		$0.00	

Other Income (Expense)

Interest Income	$2,006.02		$0.00		$2,006.02		$0.00	
Total Other Income (Expense)	$2,006.02		$0.00		$2,006.02		$0.00	
Net Income (Loss)	$(28,745.14)		$0.00		$(28,745.14)		$0.00	

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