Waterset North Community Development District

Financial Statements (Unaudited)

April 30, 2018

Prepared by: Rizzetta & Company, Inc.

watersetnorthcdd.org rizzetta.com

Waterset North Community Development District
Balance Sheet As of 4/30/2018
(In Whole Numbers)

	

General Fund		

Reserve Fund		
Debt Service Fund		
Capital Projects Fund		
Enterprise Fund		
Total Governmental Funds		General Fixed Asset Account Group		General Long-Term Debt Account
Group	

Assets
Cash In Bank	

2,047		

0		

0		

1,684		

74,427		

78,159		

0		

0	
Cash On Hand	0		0		0		0		150		150		0		0	
Investments	920,022		0		2,391,441		8,172		0		3,319,634		0		0	
Investments - Reserves	0		62,696		0		0		0		62,696		0		0	
Accounts Receivable	56,766		0		67,408		0		953		125,127		0		0	
Accounts Receivable - Other	0		0		0		0		0		0		0		0	
Prepaid Expenses	1,571		0		0		0		0		1,571		0		0	
Deposits	18,332		0		0		0		500		18,832		0		0	
Due From Other Funds	0		0		0		0		242		242		0		0	
Amount Available in Debt Service	0		0		0		0		0		0		0		2,458,849	
Amount To Be Provided Debt Service	0		0		0		0		0		0		0		14,876,151	
Fixed Assets	0		0		0		0		0		0		55,711,231		0	
Total Assets	 	998,738 		 	62,696 		 	2,458,849 		 	9,857 		 	76,273 		 	3,606,412 		     55,711,231 		     17,335,000 	

Liabilities																
Accounts Payable	34,961		0		0		0		17,650		52,611		0		0	
Retainage Payable	0		0		0		0		0		0		0		0	
Accrued Expenses Payable	1,000		0		0		0		0		1,000		0		0	
Other Current Liabilities	0		0		0		0		0		0		0		0	
Due To Other Funds	242		0		0		0		0		242		0		0	
Revenue Bonds Payable--Long Term	0		0		0		0		0		0		0		17,335,000	
Capital Lease Obligation	0		0		0		0		0		0		0		0	
Total Liabilities	36,203		0		0		0		17,650		53,854		0		17,335,000	

Fund Equity & Other Credits																
Beginning Fund Balance	247,394		10,028		1,572,643		464		37,031		1,867,560		55,711,231		0	
Net Change in Fund Balance	715,140		52,667		886,206		9,393		21,592		1,684,998		0		0	
Total Fund Equity & Other Credits	962,535		62,696		2,458,849		9,857		58,623		3,552,559		55,711,231		0	

Total Liabilities & Fund Equity	
 	998,738 		
 	62,696 		
 	2,458,849 		
 	9,857 		
 	76,273 		
 	3,606,412 		
     55,711,231 		
     17,335,000 	

See Notes to Unaudited Financial Statements

Revenues
Interest Earnings
Interest Earnings	0	0	1,225	1,225	0.00%	
Special Assessments						
Tax Roll	1,315,044	1,315,044	1,330,119	15,075	(1.14)%	
Off Roll	168,423	168,423	168,423	0	0.00%	
Contributions From Private Sources	
Developer Contributions	32,928	32,928	19,208	(13,720)	41.66%	
Other Miscellaneous Revenues						
Miscellaneous	 	0 	 	0 	 	56 	 	56 	 	0.00%	
Total Revenues	 	1,516,395 	 	1,516,395 	 	1,519,031 	 	2,636 	 	(0.17)%	

Expenditures
Legislative
Supervisor Fees	4,800	2,800	1,600	1,200	66.66%	
Financial & Administrative						
Administrative Services	4,500	2,625	2,625	0	41.66%	
District Management	23,300	13,592	13,592	0	41.66%	
District Engineer	2,364	1,379	0	1,379	100.00%	
Disclosure Report	6,000	6,000	6,000	0	0.00%	
Trustee Fees	7,000	7,000	5,700	1,300	18.57%	
Assessment Roll	5,000	5,000	5,000	0	0.00%	
Financial & Revenue Collections	5,000	2,917	2,917	0	41.66%	
Accounting Services	17,500	10,208	10,208	0	41.66%	
Auditing Services	3,270	0	0	0	100.00%	
Arbitrage Rebate Calculation	1,000	1,000	1,000	0	0.00%	
Public Officials Liability Insurance	2,750	2,750	2,500	250	9.09%	
Legal Advertising	500	292	1,932	(1,640)	(286.35)%	
Dues, Licenses & Fees	525	525	175	350	66.66%	
Website Fees & Maintenance	2,100	1,225	1,225	0	41.66%	
Legal Counsel						
District Counsel	20,000	11,667	19,439	(7,772)	2.80%	
Security Operations						
Security Services and Patrols	70,000	40,833	38,503	2,330	44.99%	
Electric Utility Services						
Utility Services	15,000	8,750	5,001	3,749	66.66%	
Utility - Recreation Facilities	15,000	8,750	12,528	(3,778)	16.48%	
Street Lights	75,000	43,750	34,514	9,236	53.98%	
Gas Utility Services						
Utility - Recreation Facilities	12,000	7,000	8,369	(1,369)	30.26%	
Garbage/Solid Waste Control Services						
Garbage - Recreation Facility	5,500	3,208	2,877	331	47.68%	
Water-Sewer Combination Services						
Utility Services	10,000	5,833	3,611	2,223	63.89%	
Utility - Reclaimed	20,000	11,667	7,194	4,473	64.03%	
Stormwater Control

Lake/Pond Bank Maintenance	5,000	2,917	0	2,917	100.00%	
Aquatic Maintenance	45,000	26,250	21,611	4,639	51.97%	
Mitigation Area Monitoring & Maintenance	6,190	3,611	0	3,611	100.00%	
Aquatic Plant Enhancement	10,000	5,833	0	5,833	100.00%	
Other Physical Environment						
General Liability Insurance	4,125	4,125	3,807	318	7.70%	
Property Insurance	18,598	18,598	16,850	1,748	9.39%	
Holiday Decorations	10,000	10,000	8,010	1,990	19.90%	
Entry & Walls Maintenance	1,000	583	0	583	100.00%	
Landscape Maintenance	530,000	309,167	291,516	17,651	44.99%	
Irrigation Repairs	10,000	5,833	28,672	(22,839)	(186.72)%	
Landscape Replacement Plants, Shrubs, Trees	35,000	20,417	8,162	12,255	76.68%	
Landscape Mulch	75,000	43,750	69,480	(25,730)	7.36%	
Field Operations	7,200	4,200	4,200	0	41.66%	
Fire Ant Treatment	3,200	1,867	0	1,867	100.00%	
Road & Street Facilities						
Sidewalk Repair & Maintenance	1,000	583	0	583	100.00%	
Street Sign Repair & Replacement	3,000	1,750	985	765	67.16%	
Parks & Recreation						
Management Contract	155,000	90,417	45,927	44,490	70.36%	
Vehicle Maintenance	1,500	875	260	615	82.67%	
Fitness Equipment Maintenance & Repairs	3,000	1,750	313	1,437	89.57%	
Pest Control	1,500	875	875	0	41.66%	
Pool Permits	1,000	0	0	0	100.00%	
Facility A/C & Heating Maintenance & Repair	4,000	2,333	1,676	657	58.10%	
Pool Service Contract	18,000	10,500	10,500	0	41.66%	
Pool Repairs	12,000	7,000	3,780	3,220	68.50%	
Maintenance & Repairs	18,000	10,500	5,198	5,302	71.11%	
Telephone, Fax, Internet	11,100	6,475	6,973	(498)	37.18%	
Clubhouse - Facility Janitorial Service	23,700	13,825	13,875	(50)	41.45%	
Clubhouse - Facility Janitorial Supplies	3,000	1,750	264	1,486	91.19%	
Window Cleaning	5,308	3,096	1,342	1,754	74.71%	
Computer Support, Maintenance & Repair	500	292	1,045	(754)	(109.07)%	
Security System Monitoring & Maintenance	3,500	2,042	2,046	(5)	41.53%	
Furniture Repair/Replacement	4,000	2,333	2,722	(389)	31.95%	
Clubhouse Miscellaneous Expense	7,500	4,375	1,549	2,826	79.34%	
Trail/Bike Path Maintenance	1,500	875	0	875	100.00%	

Playground Equipment & Maintenance	5,000	2,917	0	2,917	100.00%	
Access Control Maintenance & Repair	2,500	1,458	1,310	149	47.61%	
Athletic/Park Court/Field Repairs	1,500	875	0	875	100.00%	
Office Supplies	2,000	1,167	1,197	(31)	40.12%	
Facility Funding	126,474	73,777	63,237	10,540	50.00%	
Contingency						
Miscellaneous Contingency	 	12,391 		 	7,228 		 	0 		 	7,228 		 	100.00%	
Total Expenditures	 	1,516,395 		 	904,989 		 	803,891 		 	101,098 		 	46.99%	
Excess of Revenue Over (Under) Expenditures	0		611,406		715,140		103,734		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
611,406		
715,140		
103,734		
0.00%	

Fund Balance, Beginning of Period										
	0		0		247,394		247,394		0.00%	
Fund Balance, End of Period	 	0 		 	611,406 		 	962,535 		 	351,128 		 	0.00%	

Tax Roll	52,493		52,493		0		0.00%	
Total Revenues	52,493		52,667		174		0.33%	

Expenditures
Contingency								
Capital Reserve	52,493		0		52,493		100.00%	
Total Expenditures	52,493		0		52,493		100.00%	

Excess of Revenue Over (Under) Expenditures	
0		
52,667		
52,667		
0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
52,667		
52,667		
0.00%	

Fund Balance, Beginning of Period								
	0		10,028		10,028		0.00%	
Fund Balance, End of Period	 	0 		 	62,696 		 	62,696 		 	0.00%	

Tax Roll	490,598		496,219		5,621		1.14%	
Off Roll	0		1,921		1,921		0.00%	
Total Revenues	490,598		500,551		9,952		2.03%	

Expenditures								
Debt Service								
Interest	280,598		139,756		140,842		50.19%	
Principal	210,000		0		210,000		100.00%	
Total Expenditures	490,598		139,756		350,842		71.51%	

Excess of Revenue Over (Under) Expenditures	
0		
360,795		
360,795		
0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
360,795		
360,795		
0.00%	

Fund Balance, Beginning of Period								
	0		399,423		399,423		0.00%	
Fund Balance, End of Period	 	0 		 	760,218 		 	760,218 		 	0.00%	

201 - Debt Service Fund S2014 From 10/1/2017 Through 4/30/2018 (In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings
Interest Earnings	0		7,143		7,143		0.00%	
Special Assessments								
Tax Roll	537,483		543,641		6,158		1.14%	
Off Roll	167,129		430,416		263,288		157.53%	
Total Revenues	704,611		981,200		276,589		39.25%	

Expenditures								
Debt Service								
Interest	534,611		275,894		258,717		48.39%	
Principal	170,000		170,000		0		0.00%	
Total Expenditures	704,611		445,894		258,717		36.72%	

Excess of Revenue Over (Under) Expenditures	
0		
535,306		
535,306		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		(9,895)		(9,895)		0.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		525,411		525,411		0.00%	

Fund Balance, Beginning of Period								
	0		1,173,219		1,173,219		0.00%	
Fund Balance, End of Period	 	0 		 	1,698,631 		 	1,698,631 		 	0.00%	

301 - Capital Projects Fund S2014 From 10/1/2017 Through 4/30/2018 (In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings					
Interest Earnings	0	31	31	0.00%	
Contributions From Private Sources					
Developer Contributions	0		73,561		73,561		0.00%	
Total Revenues	0		73,592		73,592		0.00%	

Expenditures
Other Physical Environment								
Improvements Other Than Buildings	0		74,094		(74,094)		0.00%	
Total Expenditures	0		74,094		(74,094)		0.00%	

Excess of Revenue Over (Under) Expenditures	
0		
(502)		
(502)		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		9,895		9,895		0.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		9,393		9,393		0.00%	

Fund Balance, Beginning of Period								
	0		464		464		0.00%	
Fund Balance, End of Period	 	0 		 	9,857 		 	9,857 		 	0.00%	

400 - Enterprise Fund
From 10/1/2017 Through 4/30/2018
(In Whole Numbers)

Percent Annual Annual Budget	YTD Budget	YTD Actual	YTD Variance	Budget Remaining

Revenues
Other Miscellaneous Revenues
Food	72,000	42,000	35,740	(6,260)	50.36%	
Beverages	25,000	14,583	10,657	(3,927)	57.37%	
Alcoholic Beverages	13,000	7,583	4,792	(2,792)	63.13%	
Builder Relations	5,000	2,917	4,636	1,719	7.28%	
Facility Funding	 	126,474 	 	73,777 	 	63,237 	 	(10,540)	 	50.00%	
Total Revenues	 	241,474 	 	140,860 	 	119,061 	 	(21,799)	 	50.69%	

Expenditures
Financial & Administrative
Bank Fees	8,000	4,667	4,606	61	42.42%	
Dues, Licenses & Fees	500	292	262	30	47.60%	
Miscellaneous Fees	100	58	0	58	100.00%	
Parks & Recreation						
Management Contract	153,500		89,542		51,649		37,892		66.35%	
Cafe Marketing & Consulting	500		292		0		292		100.00%	
Maintenance & Repairs	2,500		1,458		2,190		(732)		12.40%	
Facility Supplies	14,624		8,531		6,421		2,109		56.09%	
Food	45,000		26,250		22,808		3,442		49.31%	
Beverage	16,000		9,333		9,488		(155)		40.70%	
Computer Support, Maintenance & Repair	250		146		0		146		100.00%	
Office Supplies	 	500 		 	292 		 	45 		 	247 		 	91.01%	
Total Expenditures	 	241,474 		 	140,860 		 	97,470 		 	43,390 		 	59.64%	
Excess of Revenue Over (Under) Expenditures	0		(0)		21,592		21,592		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
(0)		
21,592		
21,592		
0.00%	

Fund Balance, Beginning of Period										
	0		0		37,031		37,031		0.00%	
Fund Balance, End of Period	 	0 		 	(0)		 	58,623 		 	58,623 		 	0.00%	

Waterset North CDD Investment Summary April 30, 2018

Balance as of
Account	Investment	April 30, 2018

The Bank of Tampa	Business Money Market	$	245,922	
The Bank of Tampa ICS Program:				
Boston Private Bank & Trust Company	Money Market		245,156	
Great Western Bank	Money Market		84	
Pinnacle Bank	Money Market		5	
United Bank	Money Market		245,056	
Western Alliance Bank	Money Market		183,799	

Total General Fund Investments	 $	920,022 

The Bank of Tampa ICS Program:
Great Western Bank	Money Market

$	1,475

United Bank	Money Market	9
Western Alliance Bank	Money Market	61,212
Total Reserve Fund Investments	 $	62,696 

US Bank Series 2014 Revenue	First American Treasury Obligation Fund Class Z	$	652,798	
US Bank Series 2014 Reserve	First American Treasury Obligation Fund Class Z		722,638	
US Bank Series 2014 Prepayment	First American Treasury Obligation Fund Class Z		256,597	
US Bank Series 2017A-1 Reserve	First American Government Obligation Fund Class Y		173,793	
US Bank Series 2017A-1 Prepayment	First American Government Obligation Fund Class Y		1,885	
US Bank Series 2017A-2 Reserve	First American Government Obligation Fund Class Y		72,025	
US Bank Series 2017 Revenue	First American Government Obligation Fund Class Y		511,705	

Total Debt Service Fund Investments	 $	2,391,441 

US Bank Series 2014 Acquisition & ConstrucFirst American Treasury Obligation Fund Class Z	$	8,172

Total Capital Project Fund Investments	 $	8,172 

Invoice Date		Customer Name		Invoice Number		Current Balance	

10/1/2017		
Hillsborough County Tax Collector		
FY17-18		
54,665.39	
10/31/2017		Waterset Homeowners Association, Inc.		OMR1017-3		237.43	
1/31/2018		Waterset Homeowners Association, Inc.		OMR0118-1		248.64	
2/28/2018		Waterset Homeowners Association, Inc.		OMR0218-3		285.94	
3/31/2018		Waterset Homeowners Association, Inc.		OMR0318-3		1,027.29	
4/30/2018		Waterset Homeowners Association, Inc.		OMR0418-3		300.96	
				
Total 001 - General Fund		
56,765.65	

Invoice Date	Customer Name	Invoice Number	Current Balance

10/1/2017	Hillsborough County Tax Collector	FY17-18	810.45

Total 200 - Debt Service Fund S2017

810.45

Invoice Date		Customer Name		Invoice Number		Current Balance	

10/1/2017		
Hillsborough County Tax Collector		
FY17-18		
887.90	
10/1/2017		NNP - Southbend II, LLC		435-18-01		65,710.05	
				
Total 201 - Debt Service Fund S2014		
66,597.95	

Invoice Date		Customer Name		Invoice Number	Current Balance	

3/31/2018		
NNP - Southbend II, LLC		
Cafe0318-1	
493.81	
4/30/2018		NNP - Southbend II, LLC		Cafe0418-1	459.52	
				
Total 400 - Enterprise Fund	
953.33	

Report Balance	125,127.38

Vendor Name	Invoice Date	Invoice Number	Invoice Description	Current Balance

Tampa Electric Company	12/4/2017	221002692368 11/17	6890 Milestone Drive 11/17	211.70	
Tampa Electric Company	1/4/2018	221002692368 12/17	6890 Milestone Drive 12/17	28.01	
Tampa Electric Company	2/2/2018	221002692368 01/18	6890 Milestone Drive 01/18	28.21	
Castle Management, LLC	3/1/2018	MGT-030118-254	Contract Management Fees 03/18	1,250.00	
Tampa Electric Company	3/5/2018	221002692368 02/18	6890 Milestone Drive 02/18	28.01	
Landscape Maintenance Professionals, Inc.	3/14/2018	131431	Multiple Irrigation Repairs on Property 03/18	10,147.74	
Castle Management, LLC	4/1/2018	MGT-040118-260	Contract Management Fees 04/18	1,250.00	
Tampa Electric Company	4/4/2018	221002692368 03/18	6890 Milestone Drive 03/18	28.01	
Crossroads Ace Hardware	4/7/2018	13521867	Repair & Maintenance Supplies 04/18	15.82	
Payne Air Conditioning and Heating, Inc.	4/10/2018	614907	A/C Repair Parts & Service - Belt 04/18	12.00	
Payne Air Conditioning and Heating, Inc.	4/11/2018	615464	A/C Repair Parts & Service 04/18	120.00	
Crossroads Ace Hardware	4/12/2018	13525058	Repair & Maintenance Supplies 04/18	59.90	
Erin McCormick Law, P.A.	4/13/2018	10198	Legal Services 03/18	2,384.00	
G4S Secure Solutions Inc.	4/15/2018	8815175	Security Services 04/09/18 - 04/15/18	1,083.60	
Payne Air Conditioning and Heating, Inc.	4/16/2018	C10360	Preventative Maintenance 04/18	265.00	
NVirotect Pest Control, Inc.	4/16/2018	148377	Pest Control - 8382 04/18	95.00	
NVirotect Pest Control, Inc.	4/16/2018	148378	Pest Control - 8382 Amenity 04/18	30.00	
Chris's Plumbing Service, Inc.	4/16/2018	204972	Service Call - Stoppage in Pool Restrooms 04/18	389.00	
Hillsborough County BOCC	4/18/2018	0761919834 04/18	6651 Waterset Blvd 04/18	223.96	
Crossroads Ace Hardware	4/21/2018	13528940	Repair & Maintenance Supplies 04/18	55.20	
G4S Secure Solutions Inc.	4/22/2018	8830376	Security Services 04/16/18 - 04/22/18	1,083.60	

Vendor Name		Invoice Date		Invoice Number		Invoice Description		Current Balance	

Payne Air Conditioning and Heating, Inc.		
4/23/2018		
616011		
A/C Repair Parts & Service - Refrigerant 04/18		
130.00	
Castle Management, LLC		4/25/2018		PREIM04-13-189		Payroll - Period 03/24/18 - 04/06/18		2,446.42	
Landscape Maintenance Professionals, Inc.		4/26/2018		133159		Controllers N & B2-Replace Decoders, A-Solenoid 04/18		136.43	
Landscape Maintenance Professionals, Inc.		4/26/2018		133163		Replace (3) Decoders Under Warranty 04/18		100.70	
Castle Management, LLC		4/27/2018		PREIM04-27-175		Payroll - Period 04/07/18 - 04/20/18		2,483.46	
Times Publishing Company		4/27/2018		629269 04/27/18		Legal Advertising 04/18		152.00	
Crossroads Ace Hardware		4/28/2018		13532402		Repair & Maintenance Supplies 04/18		20.31	
G4S Secure Solutions Inc.		4/29/2018		8836732		Security Services 04/23/18 - 04/29/18		1,083.60	
Landscape Maintenance Professionals, Inc.		4/30/2018		133324		Pest Control 04/18		1,200.00	
Synergy FL		5/1/2018		75458		Monitoring Electronic Security System Fitness 04/18		54.95	
Hillsborough County BOCC		5/1/2018		2901278101 04/18		7024 Sail View Lane 04/18		291.14	
Tampa Electric Company		5/3/2018		221002692368 04/18		6890 Milestone Drive 04/18		28.01	
Tampa Electric Company		5/3/2018		221002915736 04/18		6233 Colmar PL -Irrigation 04/18		22.39	
Tampa Electric Company		5/3/2018		221004037877 04/18		6212 Covington Garden 04/18		227.04	
Tampa Electric Company		5/3/2018		Summary Bill 04/18		Summary Bill 04/18		7,795.74	
						
Total 001 - General Fund		
34,960.95	

Vendor Name		Invoice Date		Invoice Number		Invoice Description		Current Balance	

Sysco West Coast Florida, Inc.		
2/2/2018		
WC 13714813P		
Supplies 02/18		
34.76	
S & W Refrigeration, LLC		4/11/2018		WC 0000018532		Service Call - Ice Machine 04/18		300.90	
Sysco West Coast Florida, Inc.		4/16/2018		WC 137826567		Cafe Food/Beverages/Supplies 04/18		513.13	
Pepin		4/18/2018		WC 01055077		Cafe Beverages 04/18		67.90	
Pepin		4/18/2018		WC 2503438		Cafe Beverages 04/18		316.45	
Johnson Brothers Liquor Co. 1		4/19/2018		WC 1224099		Beverages 04/18		549.00	
Sysco West Coast Florida, Inc.		4/19/2018		WC 137833457		Supplies 04/18		582.69	
Sysco West Coast Florida, Inc.		4/19/2018		WC 137834341		Cafe Food/Beverages/Supplies 04/18		149.77	
Sysco West Coast Florida, Inc.		4/19/2018		WC 137834342		Cafe Food/Beverages/Supplies 04/18		999.22	
Nu Vista Foods Group, Inc.		4/20/2018		WL 04201850		Cafe Food/Beverages/Supplies 04/18		425.86	
Castle Management, LLC		4/25/2018		PREIM04-13-189		Payroll - Period 03/24/18 - 04/06/18		4,685.00	
Sysco West Coast Florida, Inc.		4/25/2018		WC 137844390		Cafe Food/Beverages/Supplies 04/18		894.37	
Castle Management, LLC		4/27/2018		PREIM04-27-175		Payroll - Period 04/07/18 - 04/20/18		6,364.26	
Nu Vista Foods Group, Inc.		4/27/2018		WL 04271855		Cafe Food/Beverages/Supplies 04/18		725.60	
Florida Department of Revenue		4/30/2018		39-8015954075-8 04/18		Florida Sales & Use Tax 04/18		1,041.36	
						
Total 400 - Enterprise Fund		
17,650.27	

Report Total								
52,611.22	

Inflows:	Debt Proceeds		$	8,681,222.33		
	Underwriters Discount		213,300.00		
		Total Bond Proceeds:	8,894,522.33		
	
Interest Earnings		
46.54		
	Transfer from Revenue Account		7,022.23		
	Transfer from Reserve Account		9,171.74		
		Total Inflows:	$	8,910,762.84		

Outflows:					
Requisition Date	Requisition
Number	Contractor		
Amount	Status with Trustee As of 04/30/18	

09/09/14	
COI	Underwriters Discount		
$	(213,300.00)	
Cleared	
09/09/14	COI	Holland and Knight		(5,250.00)	Cleared	
09/09/14	COI	Gray Robinson PA		(37,500.00)	Cleared	
09/09/14	COI	Adams and Reese LP		(95,000.00)	Cleared	
09/09/14	COI	Rizzetta & Company		(25,000.00)	Cleared	
09/09/14	COI	Rizzetta & Company		(5,000.00)	Cleared	
09/09/14	COI	Scarola & Associates Engineering		(12,808.87)	Cleared	
09/09/14	COI	US Bank		(4,967.81)	Cleared	
09/09/14	COI	Waterset North CDD		(2,532.19)	Cleared	
09/09/14	COI	Feldman and Mahoney PA		(45,000.00)	Cleared	
09/09/14	COI	Buchanan Ingersoll Rooney PC		(62,000.00)	Cleared	
09/30/14	COI	Image Masters		(1,250.00)	Cleared	
		Total COI Expenses:	(509,608.87)		
09/09/14	1	NNP Southbend II*		(6,279,122.58)	Cleared	
09/23/14	2	Ballenger & Company, Inc.		(4,043.50)	Cleared	
09/23/14	3	Buchanan Ingersoll & Rooney		(1,806.00)	Cleared	
09/23/14	4	Cardno Entrix		(1,687.00)	Cleared	
09/23/14	5	Ferguson Enterprises, Inc.		(1,060.00)	Cleared	
09/23/14	6	LRK, Inc.		(3,300.00)	Cleared	
09/23/14	7	RIPA & Associates, LLC		(341,314.29)	Cleared	
09/23/14	8	RIPA & Associates, LLC		(568,585.59)	Cleared	
09/23/14	9	Scarola & Associates Engineering		(5,468.11)	Cleared	
09/25/14	10	Lee Te Kim		(137,821.86)	Cleared	
09/25/14	11	Lee Te Kim		(15,313.54)	Cleared	
09/26/14	12	Lee Te Kim		(36,527.53)	Cleared	
09/26/14	13	Lee Te Kim		(51,301.54)	Cleared	
09/26/14	14	Lee Te Kim		(59,866.25)	Cleared	
09/30/14	15	Atlantic TNG, LLC		(31,008.07)	Cleared	
09/30/14	16	Danielle Fence		(46,800.00)	Cleared	

09/30/14	17	Ferguson Enterprises, Inc.		(27,763.74)	Cleared	
09/30/14	18	XylemWater Solutions U.S.A., Inc.		(903.00)	Cleared	
09/30/14	19	Atlantic TNG, LLC		(93,218.99)	Cleared	
09/30/14	20	Buchanan Ingersoll & Rooney		(3,768.00)	Cleared	
09/30/14	21	Ferguson Enterprises, Inc.		(76,512.35)	Cleared	
09/30/14	22	Rinker Materials		(25,523.48)	Cleared	
09/30/14	23	RIPA & Associates, LLC		VOID	VOID	
09/30/14	24	RIPA & Associates, LLC		(180,859.01)	Cleared	
09/30/14	25	Sunrise Landscape		(21,146.04)	Cleared	
10/27/14	26	Ferguson Enterprises, Inc.		(37,600.13)	Cleared	
10/27/14	27	Sunrise Landscape		(120,193.87)	Cleared	
10/31/14	29	Atlantic TNG, LLC		(28,591.92)	Cleared	
10/31/14	30	Metcalf Enterprises LLC		(8,960.00)	Cleared	
10/31/14	33	Buchanan Ingersoll & Rooney		(9,312.00)	Cleared	
10/31/14	34	XylemWater Solutions U.S.A., Inc.		(141,467.00)	Cleared	
12/05/14	38	Cardno Entrix		(2,662.00)	Cleared	
12/10/14	42	Norwell		(13,798.00)	Cleared	
12/22/14	47	Cardno Entrix		(1,687.00)	Cleared	
01/12/15	54	Scarola & Associates Engineering		(4,250.16)	Cleared	
05/31/15	105	Crawford Signs		(1,140.00)	Cleared	
05/31/17	239	Florida Natives Nursery		(1,200.00)	Cleared	
05/31/17	240	Onsight Signage		(1,669.30)	Cleared	
05/31/17	241	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
08/31/17	245	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
08/31/17	250	Ballenger & Company, Inc.		(1,112.50)	Cleared	
11/30/17	253	Erin McCormick Law		(167.50)	Cleared	
11/30/17	254	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
11/30/17	258	Erin McCormick Law		(134.00)	Cleared	
11/30/17	259	Onsight Signage		(716.00)	Cleared	
			Total Requisitions:	(8,392,981.85)		
			
Total Outflows:	
(8,902,590.72)		

Construction Account Balance at April 30, 2018	$	8,172.12

* Reimbursement to NNP Southbend II, LLC for the financing of construction of Waterset Phases 2C-1, 2C-2 and 2C-3 Improvements pursuant to Amended Construction and Funding Agreement dated September 5, 2014.

Inflows:	Developer Contribution	$	19,550,982.56
Excess Funding Transferred from S2007 Custody Account	34,589.84

Total Inflows:  $	19,585,572.40

Outflows:

Requisition	Requisition	Status with Trustee
Date	Number	Contractor	Amount	as of 04/30/18

10/28/14	28	RIPA & Associates, LLC	$	(750,801.97)	Cleared	
10/31/14	31	RIPA & Associates, LLC	(28,065.80)	Cleared	
10/31/14	32	RIPA & Associates, LLC	(198,810.26)	Cleared	
11/17/14	35	RIPA & Associates, LLC	(23,988.94)	Cleared	
11/19/14	36	RIPA & Associates, LLC	(949,317.54)	Cleared	
11/30/14	43	RIPA & Associates, LLC	(1,228,240.16)	Cleared	
12/01/14	37	Ferguson Enterprises, Inc.	(31,759.49)	Cleared	
12/09/14	39	Sunrise Landscape	(83,700.00)	Cleared	
12/10/14	40	Nirbo Inc.	(44,646.00)	Cleared	
12/10/14	41	Vak Pak, Inc.	(11,758.30)	Cleared	
12/16/14	44	Buchanan Ingersoll & Rooney	(8,344.00)	Cleared	
12/22/14	45	Buchanan Ingersoll & Rooney	(8,436.00)	Cleared	
12/22/14	46	Sunrise Landscape	(119,992.32)	Cleared	
12/22/14	48	Atlantic TNG, LLC	(24,099.09)	Cleared	
12/22/14	49	Rinker Materials	(171,852.03)	Cleared	
12/23/14	50	Ferguson Enterprises, Inc.	(141,007.61)	Cleared	
01/02/15	51	Buchanan Ingersoll & Rooney	(6,843.19)	Cleared	
01/05/15	52	RIPA & Associates, LLC	(1,547,619.62)	Cleared	
01/12/15	53	Manasota Construction	(47,922.74)	Cleared	
01/12/15	55	Lee Te Kim	(132,654.67)	Cleared	
01/12/15	56	Lee Te Kim	(14,739.41)	Cleared	
01/13/15	57	Metcalf Enterprises, LLC	(7,950.00)	Cleared	
01/14/15	58	Atlantic TNG, LLC	(115,679.91)	Cleared	
01/15/15	59	Atlantic TNG, LLC	(54,399.45)	Cleared	
01/15/15	60	Ferguson Enterprises, Inc.	(77,183.58)	Cleared	
01/15/15	61	Rinker Materials	(5,813.44)	Cleared	
02/02/15	62	Atlantic TNG, LLC	(32,219.97)	Cleared	
02/02/15	63	Ferguson Enterprises, Inc.	(274,772.96)	Cleared	
02/02/15	64	Rinker Materials	(43,076.03)	Cleared	
02/02/15	65	Manasota Construction	(46,231.45)	Cleared	
02/02/15	66	Ballenger & Company, Inc.	(3,688.75)	Cleared	
02/10/15	67	Ballenger & Company, Inc.	(1,707.50)	Cleared	
02/20/15	68	Atlantic TNG, LLC	(6,621.60)	Cleared	

02/20/15	69	Buchanan Ingersoll & Rooney	(6,760.00)	Cleared	
02/20/15	70	Ferguson Enterprises, Inc.	(43,233.58)	Cleared	
02/20/15	71	Rinker Materials	(154,476.57)	Cleared	
02/20/15	72	RIPA & Associates, LLC	(1,852,885.04)	Cleared	
02/20/15	73	Sunrise Landscape	(38,336.92)	Cleared	
02/20/15	74	Waterset CDD	(467.00)	Cleared	
03/03/15	75	Ballenger & Company, Inc.	(1,070.00)	Cleared	
03/03/15	76	Ferguson Enterprises, Inc.	(22,594.20)	Cleared	
03/03/15	77	Manasota Construction	(161,133.95)	Cleared	
03/03/15	78	Rinker Materials	(14,604.12)	Cleared	
03/05/15	79	Vak Pak, Inc.	(38,975.20)	Cleared	
03/13/15	80	Accurate Electronics	(9,456.73)	Cleared	
03/13/15	81	Buchanan Ingersoll & Rooney	(4,326.00)	Cleared	
03/13/15	82	Creative Mailbox	(25,825.00)	Cleared	
03/13/15	83	Scarola & Associates Engineering	(4,366.69)	Cleared	
03/19/15	84	Creative Mailbox	(21,452.00)	Cleared	
03/19/15	85	Ferguson Enterprises, Inc.	(2,273.60)	Cleared	
03/19/15	86	Nirbo Inc.	(44,646.00)	Cleared	
03/19/15	87	Rinker Materials	(6,087.72)	Cleared	
03/24/15	88	Cardno Entrix	(1,687.00)	Cleared	
03/24/15	89	RIPA & Associates, LLC	(1,236,687.17)	Cleared	
03/24/15	90	RIPA & Associates, LLC	(451,896.50)	Cleared	
04/09/15	91	Buchanan Ingersoll & Rooney	(714.00)	Cleared	
04/09/15	92	Ferguson Enterprises, Inc.	(13,117.00)	Cleared	
04/09/15	93	Manasota Construction	(295,152.96)	Cleared	
04/09/15	94	ValleyCrest Landscape	(60,726.92)	Cleared	
04/09/15	95	Wabash Valley	(8,623.69)	Cleared	
04/21/15	96	RIPA & Associates, LLC	(1,036,167.10)	Cleared	
04/24/15	97	Norwell	(13,798.00)	Cleared	
05/14/15	98	Ballenger & Company, Inc.	(283.75)	Cleared	
05/14/15	99	Buchanan Ingersoll & Rooney	(840.00)	Cleared	
05/14/15	100	Manasota Construction	(226,666.69)	Cleared	
05/14/15	101	ValleyCrest Landscape	(398,520.39)	Cleared	
05/26/15	102	Cardno, Inc.	(2,462.00)	Cleared	
05/26/15	103	Ferguson Enterprises, Inc.	(2,340.00)	Cleared	
05/26/15	104	RIPA & Associates, LLC	(864,702.65)	Cleared	
05/31/15	106	Creative Mailbox	(360.00)	Cleared	
05/31/15	107	Ferguson Enterprises, Inc.	(8,509.00)	Cleared	
05/31/15	108	Nirbo Inc.	(3,900.00)	Cleared	
05/31/15	109	Scarola & Associates Engineering	(2,236.70)	Cleared	
06/30/15	110	Buchanan Ingersoll & Rooney	(84.00)	Cleared	
06/30/15	111	Crawford Signs Inc.	(44.00)	Cleared	
06/30/15	112	Creative Sign Designs	(8,547.85)	Cleared	

06/30/15	113	Manasota Construction	(227,156.11)	Cleared	
06/30/15	114	Ballenger & Company, Inc.	(1,702.50)	Cleared	
06/30/15	115	Cardno, Inc.	(1,687.00)	Cleared	
06/30/15	116	RIPA & Associates, LLC	(644,723.73)	Cleared	
06/30/15	117	Signature Signs, Inc.	(1,010.00)	Cleared	
06/30/15	118	Manasota Construction	(19,612.10)	Cleared	
06/30/15	119	ValleyCrest Landscape	(349,972.80)	Cleared	
07/31/15	120	Buchanan Ingersoll & Rooney	(924.00)	Cleared	
07/31/15	121	Scarola & Associates Engineering	(2,515.02)	Cleared	
07/31/15	122	Signature Signs, Inc.	(95.00)	Cleared	
07/31/15	123	Cardno, Inc.	(1,687.00)	Cleared	
07/31/15	124	Creative Sign Designs	(560.00)	Cleared	
07/31/15	125	Manasota Construction	(56,879.00)	Cleared	
07/31/15	126	Accurate Electronics	(9,456.71)	Cleared	
07/31/15	127	RIPA & Associates, LLC	(154,457.46)	Cleared	
08/31/15	128	Buchanan Ingersoll & Rooney	(2,982.00)	Cleared	
08/31/15	129	Creative Mailbox	(28,932.00)	Cleared	
08/31/15	130	Heidt Design	(1,250.00)	Cleared	
08/31/15	131	ValleyCrest Landscape	(121,953.38)	Cleared	
08/31/15	132	ValleyCrest Landscape	(11,245.21)	Cleared	
08/31/15	133	Cardno Entrix	(975.00)	Cleared	
09/30/15	134	Buchanan Ingersoll & Rooney	(5,964.00)	Cleared	
09/30/15	135	Heidt Design	(625.00)	Cleared	
09/30/15	136	Manasota Construction	(35,855.52)	Cleared	
09/30/15	137	Metcalf Enterprises, LLC	(3,900.00)	Cleared	
09/30/15	138	RIPA & Associates, LLC	(126,818.76)	Cleared	
09/30/15	139	RIPA & Associates, LLC	(600,679.12)	Cleared	
09/30/15	140	Florida Natives Nursey, Inc.	(4,463.16)	Cleared	
09/30/15	141	ValleyCrest Landscape	(7,492.50)	Cleared	
09/30/15	142	Buchanan Ingersoll & Rooney	(3,066.00)	Cleared	
09/30/15	143	Florida Natives Nursey, Inc.	(15,150.00)	Cleared	
09/30/15	144	Lee Te Kim	(205,320.20)	Cleared	
11/30/15	145	Manasota Construction	(58,771.98)	Cleared	
11/30/15	146	Buchanan Ingersoll & Rooney	(2,394.00)	Cleared	
11/30/15	147	ValleyCrest Landscape	(105,545.78)	Cleared	
11/30/15	148	Lee Te Kim	(232,946.41)	Cleared	
12/31/15	149	Buchanan Ingersoll & Rooney	(756.00)	Cleared	
12/31/15	150	Florida Natives Nursey, Inc.	(2,400.00)	Cleared	
12/31/15	151	RIPA & Associates, LLC	(26,026.00)	Cleared	
12/31/15	152	RIPA & Associates, LLC	(28,021.00)	Cleared	
12/31/15	153	Buchanan Ingersoll & Rooney	(2,688.00)	Cleared	
12/31/15	154	Florida Natives Nursey, Inc.	(2,400.00)	Cleared	
12/31/15	155	Lee Te Kim	(133,592.53)	Cleared	

12/31/15	156	RIPA & Associates, LLC	(5,591.00)	Cleared	
02/28/16	157	Lee Te Kim	(72,097.56)	Cleared	
02/28/16	158	Scarola & Associates Engineering	(2,700.04)	Cleared	
03/31/16	159	Lee Te Kim	(3,500.00)	Cleared	
04/30/16	160	Atlantic TNG, LLC	(21,818.50)	Cleared	
04/30/16	161	Ferguson Enterprises, Inc.	(83,717.36)	Cleared	
04/30/16	162	Florida Natives Nursey, Inc.	(8,025.00)	Cleared	
04/30/16	163	Forterra Pipe and Precast, LLC	(1,363.74)	Cleared	
04/30/16	164	Erin McCormick Law	(715.00)	Cleared	
04/30/16	165	The Kearney Companies, LLC	(332,891.66)	Cleared	
05/31/16	166	Florida Natives Nursey, Inc.	(2,400.00)	Cleared	
05/31/16	167	Lee Te Kim	(71,550.74)	Cleared	
05/31/16	168	Atlantic TNG, LLC	(8,463.00)	Cleared	
05/31/16	169	Ballenger & Company, Inc.	(300.00)	Cleared	
05/31/16	170	Erin McCormick Law	(1,007.50)	Cleared	
05/31/16	171	Ferguson Enterprises, Inc.	(72,684.63)	Cleared	
05/31/16	172	Florida Soil Cement Company, Inc.	(92,165.54)	Cleared	
05/31/16	173	Forterra Pipe and Precast, LLC	(25,470.00)	Cleared	
06/30/16	174	The Kearney Companies, LLC	(233,548.85)	Cleared	
06/30/16	175	The Kearney Companies, LLC	(31,468.91)	Cleared	
06/30/16	176	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
06/30/16	177	Scarola & Associates Engineering	(2,756.69)	Cleared	
06/30/16	178	Erin McCormick Law	(1,430.00)	Cleared	
06/30/16	179	Ferguson Enterprises, Inc.	(9,360.95)	Cleared	
06/30/16	180	Heidt Design	(950.00)	Cleared	
06/30/16	181	Creative Sign Designs	(4,995.44)	Cleared	
06/30/16	182	Florida Natives Nursey, Inc.	(18,825.00)	Cleared	
06/30/16	183	The Kearney Companies, LLC	(8,172.26)	Cleared	
06/30/16	184	Lee Te Kim	(1,350.00)	Cleared	
07/31/16	185	Ballenger & Company, Inc.	(4,891.25)	Cleared	
07/31/16	186	Erin McCormick Law	(422.50)	Cleared	
07/31/16	187	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
07/31/16	188	The Kearney Companies, LLC	(21,047.90)	Cleared	
07/31/16	189	Ferguson Enterprises, Inc.	(3,304.03)	Cleared	
07/31/16	190	Forterra Pipe and Precast, LLC	(209.12)	Cleared	
08/14/16		Buchanan Ingersoll & Rooney Refund for Overpayment	1,848.00	Cleared	
08/31/16	191	Erin McCormick Law	(1,765.50)	Cleared	
08/31/16	192	The Kearney Companies, LLC	(3,472.67)	Cleared	
08/31/16	193	The Kearney Companies, LLC	(33,189.59)	Cleared	
09/30/16	194	Creative Mailbox	(1,100.00)	Cleared	
09/30/16	195	Erin McCormick Law	(2,502.50)	Cleared	
09/30/16	196	Florida Natives Nursey, Inc.	(2,200.00)	Cleared	
09/30/16	197	RIPA & Associates, LLC	(23,476.05)	Cleared	

10/31/16	198	Erin McCormick Law	(4,907.50)	Cleared	
10/31/16	199	Atlantic TNG, LLC	(28,721.83)	Cleared	
10/31/16	200	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
10/31/16	201	RIPA & Associates, LLC	(131,335.81)	Cleared	
10/31/16	202	Metcalf Enterprises, LLC	(1,800.00)	Cleared	
10/31/16	203	HD Supply Waterworks	(10,330.21)	Cleared	
10/31/16	204	Atlantic TNG, LLC	(17,771.18)	Cleared	
11/30/16	205	RIPA & Associates, LLC	(269,348.02)	Cleared	
12/31/16	206	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
12/31/16	207	Scarola & Associates Engineering	(3,478.37)	Cleared	
12/31/16	208	Atlantic TNG, LLC	(10,454.28)	Cleared	
12/31/16	209	Ballenger & Company, Inc.	(2,336.25)	Cleared	
12/31/16	210	Erin McCormick Law	(1,950.00)	Cleared	
12/31/16	211	HD Supply Waterworks	(88,846.45)	Cleared	
12/31/16	212	Rinker Materials	(30,497.28)	Cleared	
12/31/16	213	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
12/31/16	214	HD Supply Waterworks	(3,924.18)	Cleared	
12/31/16	215	Onsight Signage & Visual Solutions	(5,128.38)	Cleared	
12/31/16	216	Onsight Signage & Visual Solutions	(3,043.35)	Cleared	
12/31/16	217	RIPA & Associates, LLC	(372,585.86)	Cleared	
12/31/16	218	RIPA & Associates, LLC	(429,563.27)	Cleared	
12/31/16	219	RIPA & Associates, LLC	(68,128.27)	Cleared	
12/31/16	220	Scarola & Associates Engineering	(700.02)	Cleared	
01/31/17	221	Erin McCormick Law	(1,332.50)	Cleared	
01/31/17	222	Florida Natives Nursey, Inc.	(2,400.00)	Cleared	
01/31/17	223	HD Supply Waterworks	(15,761.99)	Cleared	
01/31/17	224	Onsight Signage & Visual Solutions	(545.00)	Cleared	
01/31/17	225	Onsight Signage & Visual Solutions	(4,588.37)	Cleared	
01/31/17	226	Onsight Signage & Visual Solutions	(3,043.35)	Cleared	
01/31/17	227	Onsight Signage & Visual Solutions	(141.00)	Cleared	
02/28/17	228	RIPA & Associates, LLC	(37,924.85)	Cleared	
03/31/17	229	RIPA & Associates, LLC	(14,743.91)	Cleared	
03/31/17	230	RIPA & Associates, LLC	(70,900.38)	Cleared	
04/30/17	231	Ballenger & Company, Inc.	(4,420.00)	Cleared	
04/30/17	232	VOID	VOID	VOID	
04/30/17	233	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
04/30/17	234	Scarola & Associates Engineering	(1,088.78)	Cleared	
04/30/17	235	Erin McCormick Law	(3,433.50)	Cleared	
04/30/17	236	Florida Natives Nursey, Inc.	(1,200.00)	Cleared	
04/30/17	237	Metcalf Enterprises, LLC	(1,460.00)	Cleared	
04/30/17	238	Waterset CDD	(1,000.00)	Cleared	
05/31/17	242	Onsight Signage & Visual Solutions	(11,992.65)	Cleared	
05/31/17	243	Onsight Signage & Visual Solutions	(1,380.70)	Cleared	

06/30/17	244	Onsight Signage & Visual Solutions		(6,760.00)	Cleared	
08/31/17	246	Ballenger & Company, Inc.		(10,860.00)	Cleared	
08/31/17	247	VOID		VOID	VOID	
08/31/17	248	Onsight Signage & Visual Solutions		(275.00)	Cleared	
08/31/17	249	Scarola & Associates Engineering		(673.35)	Cleared	
08/31/17	251	Florida Natives Nursey, Inc.		(2,400.00)	Cleared	
08/31/17	252	Onsight Signage & Visual Solutions		(12,045.00)	Cleared	
09/30/17	255	Ballenger & Company, Inc.		(13,537.50)	Cleared	
10/31/17	256	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
11/30/17	257	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
01/31/18	260	Erin McCormick Law		(1,407.00)	Cleared	
01/31/18	261	Erin McCormick Law		(268.00)	Cleared	
01/31/18	262	Ballenger & Company, Inc.		(1,820.00)	Cleared	
01/31/18	263	Scarola & Associates Engineering		(348.35)	Cleared	
01/31/18	264	Florida Natives Nursey, Inc.		(2,400.00)	Cleared	
01/31/18	265	Onsight Signage & Visual Solutions		(18,706.05)	Cleared	
02/28/18	266	Florida Natives Nursey, Inc.		(1,200.00)	Cleared	
02/28/18	267	Onsight Signage & Visual Solutions		(10,701.10)	Cleared	
02/28/18	268	Onsight Signage & Visual Solutions		(7,127.13)	Cleared	
03/31/18	269	Ballenger & Company, Inc.		(6,980.00)	Cleared	
03/31/18	270	Onsight Signage & Visual Solutions		(16,178.75)	Cleared	
04/30/18	271	Erin McCormick Law		(140.00)	Cleared	
04/30/18	272	Florida Natives Nursey, Inc.		(2,400.00)	Cleared	
04/30/18	273	Onsight Signage & Visual Solutions		(827.35)	Cleared	
04/30/18	274	Scarola & Associates Engineering		(340.01)	Cleared	
			Total Construction Requisitions:	(19,583,888.01)		
			
Total Outflows:	
(19,583,888.01)		

Series 2014 Custody Account Balance at April 30, 2018	$	1,684.39

Waterset North Community Development District Notes to Unaudited Financial Statements
April 30, 2018

Balance Sheet

Trust statement activity has been recorded through 04/30/18.
See EMMA (Electronic Municipal Market Access) at https://emma.msrb.org for Municipal Disclosures and Market Data.
For presentation purposes, the Reserves are shown in a separate fund titled Reserve Fund.

Summary A/R Ledger – Payment Terms

Payment terms for landowner assessments are (a) defined in the FY17-18 Assessment Resolution adopted by the Board of Supervisors, (b) pursuant to Florida Statutes, Chapter 197 for assessments levied via the county tax roll.

Summary A/R Ledger – Subsequent Collections

Enterprise Fund – Payment for Invoice #Cafe0318-1 totaling $493.81 was received in May 2018.