Saddle Creek Preserve of Polk County Community Development District
Meeting Agenda August 23, 2022

- AGE ·oA

Saddle Creek Preserve of Polk County
Community Development District

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

August 16, 2022

Board of Supervisors
Saddle Creek Preserve of Polk County Community Development District

Dear Board Members:

The next meeting of the Board of Supervisors of the Saddle Creek Preserve of Polk County Community Development District will be held Tuesday, August 23, 2022 at 1:00 PM at The Hampton Inn--Lakeland, 4420 North Socrum Loop Road, Lakeland, FL 33809.

Zoom Video Join Link: https://us06web.zoom.us/j/86547964211
Call-In Information: 1-646-876-9923
Meeting ID: 865 4796 4211

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers may submit questions and comments to the District Manager prior to the beginning of the meeting via email at jburns@gmscfl.com)
Approval of Minutes of the May 24, 2022 Board of Supervisors Meeting
Public Hearings
Public Hearing on the Adoption of the District’s Fiscal Year 2023 Budget
Consideration of Resolution 2022-10 Adoption of the District’s Fiscal Year 2023 Budget and Appropriating Funds
Public Hearing on the Imposition of Operations and Maintenance Special Assessments
Consideration of Resolution 2022-11 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Resolution 2022-12 Designation of Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2023
Discussion Regarding Removal of Fence
Presentation of Fiscal Year 2021 Audit Report
Staff Reports

1 Comments will be limited to three (3) minutes

Attorney
Engineer
Ratification of Stormwater Management Analysis Report
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Ratification of Tucker Paving Change Orders
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING
SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Saddle Creek Preserve of Polk County Community Development District was held Tuesday, May 24, 2022 at 1:12 p.m. at The Hampton Inn – Lakeland, 4420 North Socrum Loop Road, Lakeland, Florida.

Present and constituting a quorum:

Scott Shapiro	Chairman
Mike Seney	Vice Chairman
Lori Campagna	Assistant Secretary
Kelly Evans via Zoom	Assistant Secretary
Ben Pridgeon	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Jake Whealdon	KE Law
Jennifer Kilinski via Zoom	KE Law
Clayton Smith	GMS
Todd Amaden	Landmark Engineer

The following is a summary of the discussions and actions taken at the May 24, 2022 Saddle Creek Preserve of Polk County Community Development District’s Board of Supervisors Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. There were four members present constituting a quorum and one member via Zoom.

SECOND ORDER OF BUSNESS	Public Comment Period
There were no members of the public present or on the Zoom call.

THIRD ORDER OF BUSINESS	Approval of Minutes of the April 26, 2022
Board of Supervisors Meeting

Ms. Burns asked for any questions, comments, or corrections to the April 26, 2022 Board of Supervisors meeting. The Board had no changes to the minutes.

On MOTION by Ms. Campagna, seconded by Mr. Shapiro, with all in favor, the Minutes of the April 26, 2022 Board of Supervisor’s Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration  of  Resolution  2022-08
Approving the Proposed Fiscal Year 2022/2023 Budget (Suggested Date: August 23, 2022), Declaring Special Assessment, and Setting the Public Hearings on the Fiscal Year 2022/2023 Budget and Imposition of Operations and Maintenance Assessments
Ms. Burns noted that the administrative portion was relatively the same. She noted that there were a couple of increases to the line items. They did reduce the legal advertising down from
$10,000 to $2,500 now that they do not have to do the monthly meetings and they are not anticipating any assessment ads.
Ms. Burns noted that field expenses were based on the development timeline included and some of the future phases for the landscaping and the landscaping replacement line items as well as the lake maintenance. She noted that they got that information from Ben for when things were anticipated to come online. She also stated that they would be reviewing some proposals today. She noted that beyond what was in the proposals today, they were not accounting for a lot more in Phase 2.
Ms. Evans asked what the field management for the $15,750 in the field expenditures was. Ms. Burns answered that it was for the field manager and to oversee the field contracts that was in the CDD contract. She noted that they usually do it for $7,500 when landscaping was turned over to the CDD and then those contracts go in place, which then increases to $15,000 at amenity opening to oversee all the pool contracts, janitorial, doing the site visits, field managers’ reports and to oversee the vendors. Ms. Evans asked if that was in their current management contract or was that an additional contract that they had not reviewed yet. Ms. Burns stated that it was a line item in the existing contract on the fee schedule.

Ms. Burns stated that for the amenity portion they did include a full year with anticipation that it would open prior to the start of Fiscal Year 2023. She noted that these were based on similar facilities in the area with contracts in place for janitorial and pool maintenance at other facilities. She noted that they did have amenities, repair and maintenance and contingency. She stated that for security services there was about $15,000 in there if the Board wanted to include some holiday weekend patrols, etc. She stated that they do have $15,000 in there this year, which they anticipated would cover the initial access cards if those were not in the contract as well as security cameras that are not generally included in the bill. She stated that if they already have that installed next year and they have the key cards that they need to give out to everyone, it would be up to the Board and is an area that they could reduce. She suggested leaving something in there so that they could hire off duty officers on holiday weekends, etc. She noted that there would be very few residents at the beginning. Ms. Campagna asked if they could verify if the key cards were included. Mr. Shapiro responded yes. Ms. Burns asked if they could let them know if the security cameras were wired. She stated that once everything was in, they would arrange internet installations. She noted that there had been some strange delays on internet installations from the providers at facilities. She stated that if they needed them to get involved with the utility provider before opening to let them know.
Ms. Burns stated that they were waiting on some numbers from Horner on the mitigation monitoring. She noted that they went ahead and left the current amount in there, but once they verify with an actual amount, even if it was less than that, they could bring it down at the time of adoption, but that they did leave it at the higher amount. She stated that the current operations and maintenance amount per lot was $775 per lot, and it would be an increase to $1,422.45.
Ms. Burns stated that she thinks they were right to do the notice at the higher amount and that it would give them more flexibility going forward. She asked if there was anything anyone wanted to change or move around. She stated that this was their cap amount. She noted for build out purposes, there was not a sufficient capital reserve transfer noted and that it was only a place holder at $5,000. Ms. Evans asked if they accounted for the club house coming online and having to adjust that for insurance purposes because it doesn’t look high enough. Ms. Burns stated that the $5,000 in the administrative was the general liability and operators. Ms. Burns noted that it may be a little low until they have the actual plans. She noted that the insurance rates have gone up recently. She stated that by the time they get to August, they would have an actual figure from

them, and they would take the contingency, or they have $10,000 in repairs & maintenance on a new facility that they probably would not need and would be able to shift that to that category at the time of adoption if it is a little low. She stated that it would probably be closer to $7,000.
Ms. Burns stated that the proposed hearing date included in the resolution was August 23rd at 1:00 p.m. at this location.

On MOTION by Ms. Campagna, seconded by Mr. Pridgeon, with all in favor, Resolution 2022-08 Approving the Proposed FY 2022/2023 Budget, Declaring Special Assessments, and Setting the Public Hearings on the 2022/2023 Budget and Imposition of Operations and Maintenance Assessments for August 23, 2022 at 1:00 p.m., was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-09
Designating a Date, Time, and Location for a Landowners Meeting and Election
Ms. Burns stated that this landowners’ election was required to be held on November 1st, 2022. She stated that if it was okay with the Board, they would pick a central Polk County location and line the meetings up. She noted that there were quite a few of them to line up that day. She stated that the location was at the Lake Alfred Library and they did not need the full Board there. She noted that they just needed an authorized proxy holder from Lennar, and they could sign it to whoever would be there that day as the landowner for the bulk acreage, so they only need one person. She stated that it would be at 11:40 a.m. on November 1st at the Lake Alfred Library.

On MOTION by Ms. Campagna, seconded by Mr. Pridgeon, with all in favor, Resolution 2022-09 Designating a Date, Time, and Location for a Landowners Meeting and Election as November 1, 2022 at 11:40 a.m. at the Lake Alfred Library, was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Whealdon had nothing to report at this time.

Engineer

Ms. Burns stated that their newly appointed District engineer, Todd Amaden, was on the line. Mr. Amaden stated that he did not have anything to report yet.

Field Manager’s Report
Consideration of Landscape Proposals
Mr. Smith stated that in the agenda his report starts off with the scope and maps that he created for Saddle Creek that details the specs for landscape maintenance, the areas, and all that was involved. It was then sent to the bidders, and they received three bids. He noted that the bids were in order of the price. He stated that Duval was the low price at a total of $38,511. Mr. Pridgeon asked if they should be bidding the future landscaping for Phase 2 also. Mr. Smith responded no that right now he had them bid what was currently there. He stated that he supplied them the scope, the map and the fee summary to each one. Individuals of each service was laid out. The essential services for Prince and Sons, Inc. was $55,596. Ms. Campagna asked if that was mulch included. Mr. Smith responded no and that the $55,596 was the essential services only and the extra services was $2,750, which totaled to $58,346. He stated that Prince and Sons, Inc. was the highest bidder. The middle bidder was Weber Environmental Services, Inc. at $54,940. After discussion with the Board, they decided to go with the Prince and Sons, Inc. It was also discussed that there should be some communication with Prince and Sons, Inc discussing that if they are awarded the contract, there would be expectations from the Board for them to stay on top of the landscape maintenance and make sure the entrance looks good.

On MOTION by Mr. Shapiro, seconded by Ms. Campagna, with all in favor, Awarding the Landscape Proposal Contract to Prince and Sons, Inc., was approved.

Ms. Campagna advised Mr. Smith to get with Mr. Pridgeon or herself to do a walk through with Prince and Sons, Inc. so that they could clearly communicate what their expectations were.
Ms. Evans asked Mr. Smith if he would provide the Board a report every month now. Mr. Smith responded yes, going forward he would start providing a report now that they have some contracts in place.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register totaling $163,031.92 through May 15, 2022.

On MOTION by Mr. Shapiro, seconded by Mr. Pridgeon, with all in favor, the Check Register totaling $163,031.92, was approved.

Ms. Burns stated that they got a form back from Danielle Fence for the fence that was no longer going to be installed. They were going to send the deposit amount back minus $1,000 restocking fee. She noted that those funds would be returned, and that they could use those rather than sending another O&M funding request for the next couple of months. They would just replenish the account to pay O&M invoices from that credit that was sent back.

Balance Sheet and Income Statement
Ms. Burns stated the financials were in the package for review and questions. There was no action needed and these were through April 30th.

Ratification of:
Series 2020 Requisitions #71 and #72
Summary of Series 2022 Phase 2 Requisitions #1 to #14
Ms. Burns stated that Series 2020 Requisitions #71 and #72 as well as Series 2022 Phase 2 Requisition #1 to #14 have all been approved and just need to be ratified by the Board.

On MOTION by Ms. Campagna, seconded by Mr. Pridgeon, with all in favor, Series 2020 Requisitions #71 and #72 and Summary of Series 2022 Phase 2 Requisitions #1 to #14, were ratified.

Presentation of Number of Registered Voters – 0
Ms. Burns stated that they were required to determine the number of registered voters within the District as of April 15th and that number was zero.

SEVENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Shapiro, seconded by Mr. Seney, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section A

Section 1

RESOLUTION 2022-10

THE ANNUAL APPROPRIATION RESOLUTION OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2022, submitted to the Board of Supervisors (“Board”) of the Saddle Creek Preserve of Polk County Community Development District (“District”) proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2022, and ending September 30, 2023 (“Fiscal Year 2022/2023”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two (2) days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, has

considered any proposed amendments thereto, and approves the appropriations reflected in the Proposed Budget, as shown in Section 2 below.

The Proposed Budget, attached hereto as Exhibit “A”, as amended by the Board, if applicable, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The Adopted Budget, as amended (if applicable), shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Saddle Creek Preserve of Polk County Community Development District for the Fiscal Year Ending September 30, 2023”.

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption and shall remain on the website for at least two (2) years.

SECTION 2. APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2022/2023, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	 DEBT SERVICE FUND (SERIES 2020)	$	 DEBT SERVICE FUND (SERIES 2022)	$	 TOTAL ALL FUNDS	$	 SECTION 3. BUDGET AMENDMENTS
Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2022/2023 or within sixty (60) days following the end of the Fiscal Year 2022/2023 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total

appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must ensure that any amendments to the budget under paragraph c. above are posted on the District’s website within five (5) days after adoption and remain on the website for at least two (2) years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 23rd DAY OF AUGUST, 2022.

ATTEST:	SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Saddle Creek Preserve of Polk County
Community Development District

Proposed Budget
FY2023

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2022 Debt Service Fund	

12-13	

Series 2022 Amortization Schedule	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						
Assessments - On Roll	$173,600	$173,600	$0	$173,600	$	318,629	
Assessments - Direct	$0	$0	$0	$0	$	89,772	
Developer Contributions	$175,745	$5,175	$	(190)	$4,985	$	-	
Total Revenues	$	349,345	$	178,775	$	(190)	$	178,585	$	408,402	

Expenditures						
Administrative						
Supervisor Fees	$7,200	$4,400	$1,200	$5,600	$7,200	
Engineer Fees	$15,000	$0	$2,500	$2,500	$15,000	
Attorney Fees	$25,000	$11,218	$4,167	$15,385	$25,000	
Annual Audit	$2,900	$4,900	$0	$4,900	$6,000	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination	$5,000	$5,208	$1,250	$6,458	$7,500	
Arbitrage	$1,000	$0	$450	$450	$900	
Management Fees	$36,050	$30,042	$6,008	$36,050	$37,853	
Trustee Fees	$5,000	$4,041	$0	$4,041	$8,082	
Information Technology	$1,800	$1,500	$300	$1,800	$1,800	
Website Maintenance	$1,200	$1,000	$200	$1,200	$1,200	
Telephone	$250	$0	$0	$0	$0	
Postage & Delivery	$500	$153	$83	$236	$500	
Insurance	$5,500	$5,175	$0	$5,175	$5,822	
Copies	$500	$21	$83	$104	$500	
Legal Advertising	$10,000	$1,246	$1,667	$2,912	$3,300	
Other Current Charges	$2,000	$1,520	$480	$2,000	$2,000	
Office Supplies	$400	$14	$67	$81	$400	
Travel Per Diem	$550	$0	$0	$0	$0	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Total Administrative	$	125,025	$	75,614	$	18,455	$	94,068	$	128,232	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Operations & Maintenance
Field Expenditures
Property Insurance	

$5,000	

$0	

$833	

$833	

$10,000	
Field Management	$15,000	$0	$4,375	$4,375	$15,750	
Landscape Maintenance	$40,000	$18,516	$9,266	$27,782	$75,000	
Landscape Replacement	$5,000	$0	$833	$833	$8,500	
Mitigation Monitoring	$25,000	$0	$4,167	$4,167	$25,000	
Lake Maintenance	$10,000	$5,500	$2,200	$7,700	$13,200	
Streetlights	$12,600	$14,564	$3,500	$18,064	$25,000	
Electric	$5,000	$933	$210	$1,143	$5,000	
Water & Sewer	$5,000	$0	$833	$833	$3,000	
Sidewalk & Asphalt Maintenance	$500	$0	$83	$83	$2,500	
Irrigation Repairs	$2,500	$0	$417	$417	$5,000	
General Repairs & Maintenance	$5,000	$0	$833	$833	$7,500	
Contingency	$5,000	$0	$833	$833	$5,000	
Subtotal Field Expenses	$	135,600	$	39,512	$	28,384	$	67,897	$	200,450	

Amenity Expenditures
Amenity - Electric	

$14,400	

$0	

$2,400	

$2,400	

$14,400	
Amenity - Water	$5,000	$0	$833	$833	$5,000	
Playground Lease	$14,000	$0	$0	$0	$0	
Internet	$3,000	$0	$500	$500	$3,000	
Pest Control	$720	$0	$120	$120	$720	
Janitorial Service	$5,400	$0	$900	$900	$5,400	
Security Services	$15,000	$0	$2,500	$2,500	$15,000	
Pool Maintenance	$16,200	$0	$2,700	$2,700	$16,200	
Amenity Repairs & Maintenance	$5,000	$0	$833	$833	$10,000	
Contingency	$5,000	$0	$833	$833	$5,000	
Subtotal Amenity Expenditures	$	83,720	$	-	$	11,620	$	11,620	$	74,720	
						
Total Operations & Maintenance	$	219,320	$	39,512	$	40,004	$	79,517	$	275,170	

Other Expenditures
Capital Reserves	

$5,000	

$0	

$5,000	

$5,000	

$5,000	
Total Other Expenditures	$	5,000	$	-	$	5,000	$	5,000	$	5,000	
						
Total Expenditures	$	349,345	$	115,126	$	63,459	$	178,585	$	408,402	
						
Excess Revenues/(Expenditures)	$	-	$	63,649	$	(63,649)	$	-	$	-	

Net Assessments		$408,402 	
Add: Discounts & Collections 7%		$30,740 	
Gross Assessments		$439,141 	
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	224.00	224.00	1.00	$318,629	$1,422.45	$1,529.52	
Unplatted	63.11	201.00	0.31	$89,772	$446.63	$480.24	
	287.11	425.00		$408,402			

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Developer Contributions

The District will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, KE Law Group, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with Grau and Associates for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 bonds as well as one other anticipated bond issuance. Governmental Management Services- Central Florida, LLC, provides these services.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 and 2022.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Information Technology

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

Website Maintenance

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

Copies

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

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

Operations & Maintenance: Field Expenditures Property Insurance
The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Mitigation Monitoring

To provide scheduled monitoring of mitigation areas located throughout the District

Lake Maintenance

The District has contracted with Sitex Aquatics for the care and maintenance of its ponds which includes shoreline grass, brush and vegetation control.

Streetlights

Represents the cost to maintain streetlights currently in place within the District Boundaries.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

Represents estimated cost of leasing agreement for playgrounds to be installed in the community.

Internet

Internet service will be added for use at the Amenity Facilities.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the estimated costs to provide janitorial services 3 times a week and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2020

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues							

Special Assessments	
$	313,500	
$	313,500	
$	-	$	313,500	
$	313,500	
Interest Income	$	-	$	317	$	-	$	317	$	-	
Carry Forward Surplus	$	106,148	$	106,148	$	-	$	106,148	$	107,565	
Total Revenues	$	419,648	$	419,965	$	-	$	419,965	$	421,065	

Expenses
Interest- 12/15	

$	101,200	

$	101,200	

$	-	$	101,200	

$	99,825	
Principal - 6/15	$	110,000	$	110,000	$	-	$	110,000	$	115,000	
Interest - 6/15	$	101,200	$	101,200	$	-	$	101,200	$	99,825	
Total Expenditures	$	312,400	$	312,400	$	-	$	312,400	$	314,650	
					
Excess Revenues/(Expenditures)	$	107,248	$	107,565	$	-	$	107,565	$	106,415	

*Carry forward less amount in Reserve funds.					
			Series 2020		
Interest - 12/15/23 	$98,388	
Total 	$98,388	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	89	$111,161	$1,250	$1,344	
Single Family - 50'	135	$202,339	$1,500	$1,612	
	224	$313,500			

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

12/15/22	$	5,285,000.00	$	-	$	99,825.00	$	311,025.00	
06/15/23	$	5,285,000.00	$	115,000.00	$	99,825.00	$	-	
12/15/23	$	5,170,000.00	$	-	$	98,387.50	$	313,212.50	
06/15/24	$	5,170,000.00	$	115,000.00	$	98,387.50	$	-	
12/15/24	$	5,055,000.00	$	-	$	96,950.00	$	310,337.50	
06/15/25	$	5,055,000.00	$	120,000.00	$	96,950.00	$	-	
12/15/25	$	4,935,000.00	$	-	$	95,450.00	$	312,400.00	
06/15/26	$	4,935,000.00	$	120,000.00	$	95,450.00	$	-	
12/15/26	$	4,815,000.00	$	-	$	93,650.00	$	309,100.00	
06/15/27	$	4,815,000.00	$	125,000.00	$	93,650.00	$	-	
12/15/27	$	4,690,000.00	$	-	$	91,775.00	$	310,425.00	
06/15/28	$	4,690,000.00	$	130,000.00	$	91,775.00	$	-	
12/15/28	$	4,560,000.00	$	-	$	89,825.00	$	311,600.00	
06/15/29	$	4,560,000.00	$	135,000.00	$	89,825.00	$	-	
12/15/29	$	4,425,000.00	$	-	$	87,800.00	$	312,625.00	
06/15/30	$	4,425,000.00	$	140,000.00	$	87,800.00	$	-	
12/15/30	$	4,285,000.00	$	-	$	85,700.00	$	313,500.00	
06/15/31	$	4,285,000.00	$	145,000.00	$	85,700.00	$	-	
12/15/31	$	4,140,000.00	$	-	$	82,800.00	$	313,500.00	
06/15/32	$	4,140,000.00	$	150,000.00	$	82,800.00	$	-	
12/15/32	$	3,990,000.00	$	-	$	79,800.00	$	312,600.00	
06/15/33	$	3,990,000.00	$	155,000.00	$	79,800.00	$	-	
12/15/33	$	3,835,000.00	$	-	$	76,700.00	$	311,500.00	
06/15/34	$	3,835,000.00	$	160,000.00	$	76,700.00	$	-	
12/15/34	$	3,675,000.00	$	-	$	73,500.00	$	310,200.00	
06/15/35	$	3,675,000.00	$	165,000.00	$	73,500.00	$	-	
12/15/35	$	3,510,000.00	$	-	$	70,200.00	$	308,700.00	
06/15/36	$	3,510,000.00	$	175,000.00	$	70,200.00	$	-	
12/15/36	$	3,335,000.00	$	-	$	66,700.00	$	311,900.00	
06/15/37	$	3,335,000.00	$	180,000.00	$	66,700.00	$	-	
12/15/37	$	3,155,000.00	$	-	$	63,100.00	$	309,800.00	
06/15/38	$	3,155,000.00	$	190,000.00	$	63,100.00	$	-	
12/15/38	$	2,965,000.00	$	-	$	59,300.00	$	312,400.00	
06/15/39	$	2,965,000.00	$	195,000.00	$	59,300.00	$	-	
12/15/39	$	2,770,000.00	$	-	$	55,400.00	$	309,700.00	
06/15/40	$	2,770,000.00	$	205,000.00	$	55,400.00	$	-	
12/15/40	$	2,565,000.00	$	-	$	51,300.00	$	311,700.00	
06/15/41	$	2,565,000.00	$	215,000.00	$	51,300.00	$	-	
12/15/41	$	2,350,000.00	$	-	$	47,000.00	$	313,300.00	
06/15/42	$	2,350,000.00	$	220,000.00	$	47,000.00	$	-	
12/15/42	$	2,130,000.00	$	-	$	42,600.00	$	309,600.00	
06/15/43	$	2,130,000.00	$	230,000.00	$	42,600.00	$	-	
12/15/43	$	1,900,000.00	$	-	$	38,000.00	$	310,600.00	
06/15/44	$	1,900,000.00	$	240,000.00	$	38,000.00	$	-	

DATE		BALANCE	PRINCIPAL	INTEREST	TOTAL	

12/15/44	
$	
1,660,000.00	
$	-	
$	33,200.00	
$	311,200.00	
06/15/45	$	1,660,000.00	$	250,000.00	$	33,200.00	$	-	
12/15/45	$	1,410,000.00	$	-	$	28,200.00	$	311,400.00	
06/15/46	$	1,410,000.00	$	260,000.00	$	28,200.00	$	-	
12/15/46	$	1,150,000.00	$	-	$	23,000.00	$	311,200.00	
06/15/47	$	1,150,000.00	$	270,000.00	$	23,000.00	$	-	
12/15/47	$	880,000.00	$	-	$	17,600.00	$	310,600.00	
06/15/48	$	880,000.00	$	280,000.00	$	17,600.00	$	-	
12/15/48	$	600,000.00	$	-	$	12,000.00	$	309,600.00	
06/12/49	$	600,000.00	$	295,000.00	$	12,000.00	$	-	
12/15/49	$	305,000.00	$	-	$	6,100.00	$	313,100.00	
06/15/50	$	305,000.00	$	305,000.00	$	6,100.00	$	311,100.00	
			$	5,500,000.00	$	3,875,933.96	$	9,375,933.96	

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						

Special Assessments	
$	
-	
$	
188,914	
$	
94,457	
$	
283,371	
$	
287,653	
Interest Income	$	-	$	191	$	-	$	191	$	-	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	220,705	
Total Revenues	$	-	$	189,105	$	94,457	$	283,562	$	508,358	

Expenses
Interest- 12/15	$	-	$	-	

$	-	

$	-	

$	90,514	
Principal - 12/15	$	-	$	-	$	-	$	-	$	130,000	
Interest - 6/15	$	-	$	62,857	$	-	$	62,857	$	88,808	
Total Expenditures	$	-	$	62,857	$	-	$	62,857	$	309,321	

Other Financing Sources/(Uses)

Bond Proceeds

$	-	$

143,826	$

-	$	143,826	$	-

Total Other Financing Sources/(Uses)	$	-	$	143,826	$	-	$	143,826	$	-

Excess Revenues/(Expenditures)	$	-	$	270,074	$	94,457	$	364,531	$	199,036

*Carry forward less amount in Reserve funds.

Series 2022
Principal - 12/15/23	$110,000 Interest - 12/15/23 		$88,808	
Total 	$198,808	

Product	
Assessable Units	Maximum Annual Debt Service	
Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	55	$	68,727	$1,250	$1,344	
Single Family - 50'	146	$	218,926	$1,500	$1,612	
	201	$	287,653			

12/15/22	$	5,155,000.00	$	130	
06/15/23	$	5,025,000.00	$	
12/15/23	$	5,025,000.00	$	110	
06/15/24	$	4,915,000.00	$	
12/15/24	$	4,915,000.00	$	110	
06/15/25	$	4,805,000.00	$	
12/15/25	$	4,805,000.00	$	115	
06/15/26	$	4,690,000.00	$	
12/15/26	$	4,690,000.00	$	115	
06/15/27	$	4,455,000.00	$	
12/15/27	$	4,455,000.00	$	120	
06/15/28	$	4,455,000.00	$	
12/15/28	$	4,455,000.00	$	125	
06/15/29	$	4,330,000.00	$	
12/15/29	$	4,330,000.00	$	125	
06/15/30	$	4,205,000.00	$	
12/15/30	$	4,205,000.00	$	130	
06/15/31	$	4,075,000.00	$	
12/15/31	$	4,075,000.00	$	135	
06/15/32	$	3,800,000.00	$	
12/15/32	$	3,800,000.00	$	140	
06/15/33	$	3,800,000.00	$	
12/15/33	$	3,800,000.00	$	145	
06/15/34	$	3,655,000.00	$	
12/15/34	$	3,800,000.00	$	150	
06/15/35	$	3,800,000.00	$	
12/15/35	$	3,655,000.00	$	155	
06/15/36	$	3,655,000.00	$	
12/15/36	$	3,505,000.00	$	160	
06/15/37	$	3,505,000.00	$	
12/15/37	$	3,350,000.00	$	165	
06/15/38	$	3,350,000.00	$	
12/15/38	$	3,190,000.00	$	170	
06/15/39	$	3,190,000.00	$	
12/15/39	$	3,025,000.00	$	175	
06/15/40	$	3,025,000.00	$	
12/15/40	$	2,855,000.00	$	180	
06/15/41	$	2,855,000.00	$	
12/15/41	$	2,680,000.00	$	185	
06/15/42	$	2,315,000.00	$	
12/15/42	$	2,315,000.00	$	190	
06/15/43	$	2,125,000.00	$	
12/15/43	$	2,125,000.00	$	200	
06/15/44	$	1,925,000.00	$	
12/15/44	$	1,925,000.00	$	210	
06/15/45	$	1,715,000.00	$	
12/15/45	$	1,715,000.00	$	215	
06/15/46	$	1,500,000.00	$	
12/15/46	$	1,500,000.00	$	225	
06/15/47	$	1,275,000.00	$	
12/15/47	$	1,275,000.00	$	235	

$	90,513.75	$	-	
$	88,807.50	$	309,321.25	
$	88,807.50	$	-	
$	87,363.75	$	286,171.25	
$	87,363.75	$	-	
$	85,920.00	$	283,283.75	
$	85,920.00	$	-	
$	84,410.63	$	285,330.63	
$	84,410.63	$	-	
$	82,901.25	$	282,311.88	
$	82,901.25	$	-	
$	81,326.25	$	284,227.50	
$	81,326.25	$	-	
$	79,388.75	$	285,715.00	
$	79,388.75	$	-	
$	77,451.25	$	281,840.00	
$	77,451.25	$	-	
$	75,436.25	$	282,887.50	
$	75,436.25	$	-	
$	73,343.75	$	283,780.00	
$	73,343.75	$	-	
$	71,173.75	$	284,517.50	
$	71,173.75	$	-	
$	68,745.00	$	284,918.75	
$	68,745.00	$	-	
$	66,232.50	$	284,977.50	
$	66,232.50	$	-	
$	63,636.25	$	284,868.75	
$	63,636.25	$	-	
$	60,956.25	$	284,592.50	
$	60,956.25	$	-	
$	58,192.50	$	284,148.75	
$	58,192.50	$	-	
$	55,345.00	$	283,537.50	
$	55,345.00	$	-	
$	52,413.75	$	282,758.75	
$	52,413.75	$	-	
$	49,398.75	$	281,812.50	
$	49,398.75	$	-	
$	46,300.00	$	280,698.75	
$	46,300.00	$	-	
$	42,500.00	$	278,800.00	
$	42,500.00	$	-	
$	38,500.00	$	281,000.00	
$	38,500.00	$	-	
$	34,300.00	$	282,800.00	
$	34,300.00	$	-	
$	30,000.00	$	279,300.00	
$	30,000.00	$	-	
$	25,500.00	$	280,500.00	
$	25,500.00	$	-	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

DATE		BALANCE	PRINCIPAL	INTEREST	TOTAL	

06/15/48	
$	
1,040,000.00	
$	-	
$	20,800.00	
$	281,300.00	
12/15/48	$	1,040,000.00	$	245,000.00	$	20,800.00	$	-	
06/15/49	$	795,000.00	$	-	$	15,900.00	$	281,700.00	
12/15/49	$	795,000.00	$	255,000.00	$	15,900.00	$	-	
06/15/50	$	540,000.00	$	-	$	10,800.00	$	281,700.00	
12/15/50	$	540,000.00	$	265,000.00	$	10,800.00	$	-	
06/15/51	$	275,000.00	$	-	$	5,500.00	$	281,300.00	
12/15/51	$	275,000.00	$	275,000.00	$	5,500.00	$	280,500.00	
			$	5,155,000.00	$	3,418,456.77	$	8,573,456.77	

Section B

Section 1

RESOLUTION 2022-11_

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2022/2023; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Saddle Creek Preserve of Polk County Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Polk County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2022/2023”), attached hereto as Exhibit “A”; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2022/2023; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached to this Resolution as Exhibit “B”, and to certify the portion of the Assessment Roll related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit “B”; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B” and is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits “A” and “B”. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. Moreover, pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

SECTION 3. Collection and Enforcement; Penalties; Interest.

Tax Roll Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B”.

Direct Bill Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Direct Collect

Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B”. Assessments directly collected by the District are due in full on December 1, 2022; provided, however, that, to the extent permitted by law, the assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2022, 25% due no later than February 1, 2023 and 25% due no later than May 1, 2023. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2022/2023, shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the rate of any bonds secured by the assessments, or at the statutory prejudgment interest rate, as applicable. In the event an assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole assessment, as set forth herein.

Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit “B”, is hereby certified for collection. That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5. Assessment Roll Amendment. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 23rd day of August, 2022.

ATTEST:	SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Budget
Exhibit B:	Assessment Roll (Uniform Method) Assessment Roll (Direct Collect)

Saddle Creek Preserve of Polk County
Community Development District

Proposed Budget
FY2023

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2022 Debt Service Fund	

12-13	

Series 2022 Amortization Schedule	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						
Assessments - On Roll	$173,600	$173,600	$0	$173,600	$	318,629	
Assessments - Direct	$0	$0	$0	$0	$	89,772	
Developer Contributions	$175,745	$5,175	$	(190)	$4,985	$	-	
Total Revenues	$	349,345	$	178,775	$	(190)	$	178,585	$	408,402	

Expenditures						
Administrative						
Supervisor Fees	$7,200	$4,400	$1,200	$5,600	$7,200	
Engineer Fees	$15,000	$0	$2,500	$2,500	$15,000	
Attorney Fees	$25,000	$11,218	$4,167	$15,385	$25,000	
Annual Audit	$2,900	$4,900	$0	$4,900	$6,000	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination	$5,000	$5,208	$1,250	$6,458	$7,500	
Arbitrage	$1,000	$0	$450	$450	$900	
Management Fees	$36,050	$30,042	$6,008	$36,050	$37,853	
Trustee Fees	$5,000	$4,041	$0	$4,041	$8,082	
Information Technology	$1,800	$1,500	$300	$1,800	$1,800	
Website Maintenance	$1,200	$1,000	$200	$1,200	$1,200	
Telephone	$250	$0	$0	$0	$0	
Postage & Delivery	$500	$153	$83	$236	$500	
Insurance	$5,500	$5,175	$0	$5,175	$5,822	
Copies	$500	$21	$83	$104	$500	
Legal Advertising	$10,000	$1,246	$1,667	$2,912	$3,300	
Other Current Charges	$2,000	$1,520	$480	$2,000	$2,000	
Office Supplies	$400	$14	$67	$81	$400	
Travel Per Diem	$550	$0	$0	$0	$0	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Total Administrative	$	125,025	$	75,614	$	18,455	$	94,068	$	128,232	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Operations & Maintenance
Field Expenditures
Property Insurance	

$5,000	

$0	

$833	

$833	

$10,000	
Field Management	$15,000	$0	$4,375	$4,375	$15,750	
Landscape Maintenance	$40,000	$18,516	$9,266	$27,782	$75,000	
Landscape Replacement	$5,000	$0	$833	$833	$8,500	
Mitigation Monitoring	$25,000	$0	$4,167	$4,167	$25,000	
Lake Maintenance	$10,000	$5,500	$2,200	$7,700	$13,200	
Streetlights	$12,600	$14,564	$3,500	$18,064	$25,000	
Electric	$5,000	$933	$210	$1,143	$5,000	
Water & Sewer	$5,000	$0	$833	$833	$3,000	
Sidewalk & Asphalt Maintenance	$500	$0	$83	$83	$2,500	
Irrigation Repairs	$2,500	$0	$417	$417	$5,000	
General Repairs & Maintenance	$5,000	$0	$833	$833	$7,500	
Contingency	$5,000	$0	$833	$833	$5,000	
Subtotal Field Expenses	$	135,600	$	39,512	$	28,384	$	67,897	$	200,450	

Amenity Expenditures
Amenity - Electric	

$14,400	

$0	

$2,400	

$2,400	

$14,400	
Amenity - Water	$5,000	$0	$833	$833	$5,000	
Playground Lease	$14,000	$0	$0	$0	$0	
Internet	$3,000	$0	$500	$500	$3,000	
Pest Control	$720	$0	$120	$120	$720	
Janitorial Service	$5,400	$0	$900	$900	$5,400	
Security Services	$15,000	$0	$2,500	$2,500	$15,000	
Pool Maintenance	$16,200	$0	$2,700	$2,700	$16,200	
Amenity Repairs & Maintenance	$5,000	$0	$833	$833	$10,000	
Contingency	$5,000	$0	$833	$833	$5,000	
Subtotal Amenity Expenditures	$	83,720	$	-	$	11,620	$	11,620	$	74,720	
						
Total Operations & Maintenance	$	219,320	$	39,512	$	40,004	$	79,517	$	275,170	

Other Expenditures
Capital Reserves	

$5,000	

$0	

$5,000	

$5,000	

$5,000	
Total Other Expenditures	$	5,000	$	-	$	5,000	$	5,000	$	5,000	
						
Total Expenditures	$	349,345	$	115,126	$	63,459	$	178,585	$	408,402	
						
Excess Revenues/(Expenditures)	$	-	$	63,649	$	(63,649)	$	-	$	-	

Net Assessments		$408,402 	
Add: Discounts & Collections 7%		$30,740 	
Gross Assessments		$439,141 	
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	224.00	224.00	1.00	$318,629	$1,422.45	$1,529.52	
Unplatted	63.11	201.00	0.31	$89,772	$446.63	$480.24	
	287.11	425.00		$408,402			

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Developer Contributions

The District will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, KE Law Group, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with Grau and Associates for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 bonds as well as one other anticipated bond issuance. Governmental Management Services- Central Florida, LLC, provides these services.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 and 2022.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Information Technology

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

Website Maintenance

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

Copies

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

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

Operations & Maintenance: Field Expenditures Property Insurance
The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Mitigation Monitoring

To provide scheduled monitoring of mitigation areas located throughout the District

Lake Maintenance

The District has contracted with Sitex Aquatics for the care and maintenance of its ponds which includes shoreline grass, brush and vegetation control.

Streetlights

Represents the cost to maintain streetlights currently in place within the District Boundaries.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

Represents estimated cost of leasing agreement for playgrounds to be installed in the community.

Internet

Internet service will be added for use at the Amenity Facilities.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the estimated costs to provide janitorial services 3 times a week and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2020

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues							

Special Assessments	
$	313,500	
$	313,500	
$	-	$	313,500	
$	313,500	
Interest Income	$	-	$	317	$	-	$	317	$	-	
Carry Forward Surplus	$	106,148	$	106,148	$	-	$	106,148	$	107,565	
Total Revenues	$	419,648	$	419,965	$	-	$	419,965	$	421,065	

Expenses
Interest- 12/15	

$	101,200	

$	101,200	

$	-	$	101,200	

$	99,825	
Principal - 6/15	$	110,000	$	110,000	$	-	$	110,000	$	115,000	
Interest - 6/15	$	101,200	$	101,200	$	-	$	101,200	$	99,825	
Total Expenditures	$	312,400	$	312,400	$	-	$	312,400	$	314,650	
					
Excess Revenues/(Expenditures)	$	107,248	$	107,565	$	-	$	107,565	$	106,415	

*Carry forward less amount in Reserve funds.					
			Series 2020		
Interest - 12/15/23 	$98,388	
Total 	$98,388	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	89	$111,161	$1,250	$1,344	
Single Family - 50'	135	$202,339	$1,500	$1,612	
	224	$313,500			

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

12/15/22	$	5,285,000.00	$	-	$	99,825.00	$	311,025.00	
06/15/23	$	5,285,000.00	$	115,000.00	$	99,825.00	$	-	
12/15/23	$	5,170,000.00	$	-	$	98,387.50	$	313,212.50	
06/15/24	$	5,170,000.00	$	115,000.00	$	98,387.50	$	-	
12/15/24	$	5,055,000.00	$	-	$	96,950.00	$	310,337.50	
06/15/25	$	5,055,000.00	$	120,000.00	$	96,950.00	$	-	
12/15/25	$	4,935,000.00	$	-	$	95,450.00	$	312,400.00	
06/15/26	$	4,935,000.00	$	120,000.00	$	95,450.00	$	-	
12/15/26	$	4,815,000.00	$	-	$	93,650.00	$	309,100.00	
06/15/27	$	4,815,000.00	$	125,000.00	$	93,650.00	$	-	
12/15/27	$	4,690,000.00	$	-	$	91,775.00	$	310,425.00	
06/15/28	$	4,690,000.00	$	130,000.00	$	91,775.00	$	-	
12/15/28	$	4,560,000.00	$	-	$	89,825.00	$	311,600.00	
06/15/29	$	4,560,000.00	$	135,000.00	$	89,825.00	$	-	
12/15/29	$	4,425,000.00	$	-	$	87,800.00	$	312,625.00	
06/15/30	$	4,425,000.00	$	140,000.00	$	87,800.00	$	-	
12/15/30	$	4,285,000.00	$	-	$	85,700.00	$	313,500.00	
06/15/31	$	4,285,000.00	$	145,000.00	$	85,700.00	$	-	
12/15/31	$	4,140,000.00	$	-	$	82,800.00	$	313,500.00	
06/15/32	$	4,140,000.00	$	150,000.00	$	82,800.00	$	-	
12/15/32	$	3,990,000.00	$	-	$	79,800.00	$	312,600.00	
06/15/33	$	3,990,000.00	$	155,000.00	$	79,800.00	$	-	
12/15/33	$	3,835,000.00	$	-	$	76,700.00	$	311,500.00	
06/15/34	$	3,835,000.00	$	160,000.00	$	76,700.00	$	-	
12/15/34	$	3,675,000.00	$	-	$	73,500.00	$	310,200.00	
06/15/35	$	3,675,000.00	$	165,000.00	$	73,500.00	$	-	
12/15/35	$	3,510,000.00	$	-	$	70,200.00	$	308,700.00	
06/15/36	$	3,510,000.00	$	175,000.00	$	70,200.00	$	-	
12/15/36	$	3,335,000.00	$	-	$	66,700.00	$	311,900.00	
06/15/37	$	3,335,000.00	$	180,000.00	$	66,700.00	$	-	
12/15/37	$	3,155,000.00	$	-	$	63,100.00	$	309,800.00	
06/15/38	$	3,155,000.00	$	190,000.00	$	63,100.00	$	-	
12/15/38	$	2,965,000.00	$	-	$	59,300.00	$	312,400.00	
06/15/39	$	2,965,000.00	$	195,000.00	$	59,300.00	$	-	
12/15/39	$	2,770,000.00	$	-	$	55,400.00	$	309,700.00	
06/15/40	$	2,770,000.00	$	205,000.00	$	55,400.00	$	-	
12/15/40	$	2,565,000.00	$	-	$	51,300.00	$	311,700.00	
06/15/41	$	2,565,000.00	$	215,000.00	$	51,300.00	$	-	
12/15/41	$	2,350,000.00	$	-	$	47,000.00	$	313,300.00	
06/15/42	$	2,350,000.00	$	220,000.00	$	47,000.00	$	-	
12/15/42	$	2,130,000.00	$	-	$	42,600.00	$	309,600.00	
06/15/43	$	2,130,000.00	$	230,000.00	$	42,600.00	$	-	
12/15/43	$	1,900,000.00	$	-	$	38,000.00	$	310,600.00	
06/15/44	$	1,900,000.00	$	240,000.00	$	38,000.00	$	-	

DATE		BALANCE	PRINCIPAL	INTEREST	TOTAL	

12/15/44	
$	
1,660,000.00	
$	-	
$	33,200.00	
$	311,200.00	
06/15/45	$	1,660,000.00	$	250,000.00	$	33,200.00	$	-	
12/15/45	$	1,410,000.00	$	-	$	28,200.00	$	311,400.00	
06/15/46	$	1,410,000.00	$	260,000.00	$	28,200.00	$	-	
12/15/46	$	1,150,000.00	$	-	$	23,000.00	$	311,200.00	
06/15/47	$	1,150,000.00	$	270,000.00	$	23,000.00	$	-	
12/15/47	$	880,000.00	$	-	$	17,600.00	$	310,600.00	
06/15/48	$	880,000.00	$	280,000.00	$	17,600.00	$	-	
12/15/48	$	600,000.00	$	-	$	12,000.00	$	309,600.00	
06/12/49	$	600,000.00	$	295,000.00	$	12,000.00	$	-	
12/15/49	$	305,000.00	$	-	$	6,100.00	$	313,100.00	
06/15/50	$	305,000.00	$	305,000.00	$	6,100.00	$	311,100.00	
			$	5,500,000.00	$	3,875,933.96	$	9,375,933.96	

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2022	7/31/22	2 Months	9/30/22	FY2023	

Revenues						

Special Assessments	
$	
-	
$	
188,914	
$	
94,457	
$	
283,371	
$	
287,653	
Interest Income	$	-	$	191	$	-	$	191	$	-	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	220,705	
Total Revenues	$	-	$	189,105	$	94,457	$	283,562	$	508,358	

Expenses
Interest- 12/15	$	-	$	-	

$	-	

$	-	

$	90,514	
Principal - 12/15	$	-	$	-	$	-	$	-	$	130,000	
Interest - 6/15	$	-	$	62,857	$	-	$	62,857	$	88,808	
Total Expenditures	$	-	$	62,857	$	-	$	62,857	$	309,321	

Other Financing Sources/(Uses)

Bond Proceeds

$	-	$

143,826	$

-	$	143,826	$	-

Total Other Financing Sources/(Uses)	$	-	$	143,826	$	-	$	143,826	$	-

Excess Revenues/(Expenditures)	$	-	$	270,074	$	94,457	$	364,531	$	199,036

*Carry forward less amount in Reserve funds.

Series 2022
Principal - 12/15/23	$110,000 Interest - 12/15/23 		$88,808	
Total 	$198,808	

Product	
Assessable Units	Maximum Annual Debt Service	
Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	55	$	68,727	$1,250	$1,344	
Single Family - 50'	146	$	218,926	$1,500	$1,612	
	201	$	287,653			

12/15/22	$	5,155,000.00	$	130	
06/15/23	$	5,025,000.00	$	
12/15/23	$	5,025,000.00	$	110	
06/15/24	$	4,915,000.00	$	
12/15/24	$	4,915,000.00	$	110	
06/15/25	$	4,805,000.00	$	
12/15/25	$	4,805,000.00	$	115	
06/15/26	$	4,690,000.00	$	
12/15/26	$	4,690,000.00	$	115	
06/15/27	$	4,455,000.00	$	
12/15/27	$	4,455,000.00	$	120	
06/15/28	$	4,455,000.00	$	
12/15/28	$	4,455,000.00	$	125	
06/15/29	$	4,330,000.00	$	
12/15/29	$	4,330,000.00	$	125	
06/15/30	$	4,205,000.00	$	
12/15/30	$	4,205,000.00	$	130	
06/15/31	$	4,075,000.00	$	
12/15/31	$	4,075,000.00	$	135	
06/15/32	$	3,800,000.00	$	
12/15/32	$	3,800,000.00	$	140	
06/15/33	$	3,800,000.00	$	
12/15/33	$	3,800,000.00	$	145	
06/15/34	$	3,655,000.00	$	
12/15/34	$	3,800,000.00	$	150	
06/15/35	$	3,800,000.00	$	
12/15/35	$	3,655,000.00	$	155	
06/15/36	$	3,655,000.00	$	
12/15/36	$	3,505,000.00	$	160	
06/15/37	$	3,505,000.00	$	
12/15/37	$	3,350,000.00	$	165	
06/15/38	$	3,350,000.00	$	
12/15/38	$	3,190,000.00	$	170	
06/15/39	$	3,190,000.00	$	
12/15/39	$	3,025,000.00	$	175	
06/15/40	$	3,025,000.00	$	
12/15/40	$	2,855,000.00	$	180	
06/15/41	$	2,855,000.00	$	
12/15/41	$	2,680,000.00	$	185	
06/15/42	$	2,315,000.00	$	
12/15/42	$	2,315,000.00	$	190	
06/15/43	$	2,125,000.00	$	
12/15/43	$	2,125,000.00	$	200	
06/15/44	$	1,925,000.00	$	
12/15/44	$	1,925,000.00	$	210	
06/15/45	$	1,715,000.00	$	
12/15/45	$	1,715,000.00	$	215	
06/15/46	$	1,500,000.00	$	
12/15/46	$	1,500,000.00	$	225	
06/15/47	$	1,275,000.00	$	
12/15/47	$	1,275,000.00	$	235	

$	90,513.75	$	-	
$	88,807.50	$	309,321.25	
$	88,807.50	$	-	
$	87,363.75	$	286,171.25	
$	87,363.75	$	-	
$	85,920.00	$	283,283.75	
$	85,920.00	$	-	
$	84,410.63	$	285,330.63	
$	84,410.63	$	-	
$	82,901.25	$	282,311.88	
$	82,901.25	$	-	
$	81,326.25	$	284,227.50	
$	81,326.25	$	-	
$	79,388.75	$	285,715.00	
$	79,388.75	$	-	
$	77,451.25	$	281,840.00	
$	77,451.25	$	-	
$	75,436.25	$	282,887.50	
$	75,436.25	$	-	
$	73,343.75	$	283,780.00	
$	73,343.75	$	-	
$	71,173.75	$	284,517.50	
$	71,173.75	$	-	
$	68,745.00	$	284,918.75	
$	68,745.00	$	-	
$	66,232.50	$	284,977.50	
$	66,232.50	$	-	
$	63,636.25	$	284,868.75	
$	63,636.25	$	-	
$	60,956.25	$	284,592.50	
$	60,956.25	$	-	
$	58,192.50	$	284,148.75	
$	58,192.50	$	-	
$	55,345.00	$	283,537.50	
$	55,345.00	$	-	
$	52,413.75	$	282,758.75	
$	52,413.75	$	-	
$	49,398.75	$	281,812.50	
$	49,398.75	$	-	
$	46,300.00	$	280,698.75	
$	46,300.00	$	-	
$	42,500.00	$	278,800.00	
$	42,500.00	$	-	
$	38,500.00	$	281,000.00	
$	38,500.00	$	-	
$	34,300.00	$	282,800.00	
$	34,300.00	$	-	
$	30,000.00	$	279,300.00	
$	30,000.00	$	-	
$	25,500.00	$	280,500.00	
$	25,500.00	$	-	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

DATE		BALANCE	PRINCIPAL	INTEREST	TOTAL	

06/15/48	
$	
1,040,000.00	
$	-	
$	20,800.00	
$	281,300.00	
12/15/48	$	1,040,000.00	$	245,000.00	$	20,800.00	$	-	
06/15/49	$	795,000.00	$	-	$	15,900.00	$	281,700.00	
12/15/49	$	795,000.00	$	255,000.00	$	15,900.00	$	-	
06/15/50	$	540,000.00	$	-	$	10,800.00	$	281,700.00	
12/15/50	$	540,000.00	$	265,000.00	$	10,800.00	$	-	
06/15/51	$	275,000.00	$	-	$	5,500.00	$	281,300.00	
12/15/51	$	275,000.00	$	275,000.00	$	5,500.00	$	280,500.00	
			$	5,155,000.00	$	3,418,456.77	$	8,573,456.77	

Saddle Creek Preserve of Polk County
FY 23 Assessment Roll

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758000100	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 10	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000110	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 11	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000120	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 12	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000130	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 13	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000140	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 14	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000150	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 15	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000160	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 16	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000170	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 17	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000180	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 18	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000190	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 19	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000200	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 20	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000210	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 21	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000220	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 22	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000230	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 23	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000240	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 24	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000250	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 25	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000260	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 26	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000270	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 27	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000280	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 28	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000290	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 29	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000300	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 30	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000310	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 31	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000320	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 32	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000330	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 33	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000340	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 34	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000350	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 35	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000360	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 36	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000370	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 37	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000380	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 38	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000390	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 39	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000400	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 40	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000410	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 41	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000420	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 42	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000430	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 43	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000440	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 44	1	40	$1,529.52	$1,344.00	$2,873.52	

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758000450	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 45	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000460	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 46	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000470	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 47	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000480	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 48	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000490	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 49	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000500	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 50	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000510	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 51	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758000520	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 52	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000530	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 53	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000540	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 54	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000550	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 55	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000560	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 56	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000570	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 57	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000580	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 58	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000590	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 59	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000600	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 60	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000610	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 61	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000620	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 62	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000630	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 63	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000640	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 64	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000650	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 65	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000660	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 66	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000670	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 67	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000680	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 68	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000690	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 69	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000700	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 70	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000710	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 71	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000720	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 72	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758000730	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 73	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001140	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 114	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001150	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 115	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001160	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 116	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001170	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 117	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001180	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 118	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001190	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 119	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001200	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 120	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001210	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 121	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001220	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 122	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001230	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 123	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001240	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 124	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001250	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 125	1	50	$1,529.52	$1,612.00	$3,141.52	

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758001260	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 126	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001270	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 127	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001280	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 128	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001290	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 129	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001300	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 130	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001310	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 131	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001320	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 132	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001330	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 133	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001340	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 134	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001350	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 135	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001360	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 136	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001370	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 137	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001380	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 138	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001390	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 139	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001400	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 140	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001410	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 141	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001420	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 142	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001430	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 143	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001440	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 144	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001450	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 145	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001460	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 146	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001470	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 147	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001480	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 148	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001490	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 149	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001500	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 150	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001510	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 151	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001520	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 152	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001530	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 153	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001540	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 154	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001550	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 155	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001560	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 156	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001570	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 157	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001580	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 158	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001590	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 159	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001600	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 160	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001610	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 161	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001620	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 162	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001630	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 163	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001640	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 164	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001650	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 165	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001660	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 166	1	50	$1,529.52	$1,612.00	$3,141.52	

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758001670	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 167	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001680	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 168	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001690	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 169	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001700	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 170	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001710	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 171	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001720	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 172	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001730	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 173	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001740	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 174	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001750	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 175	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001760	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 176	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001770	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 177	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758001780	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 178	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758002820	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 282	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002830	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 283	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002840	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 284	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002850	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 285	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002860	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 286	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002870	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 287	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002880	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 288	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002890	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 289	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002900	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 290	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002910	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 291	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002920	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 292	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002930	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 293	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002940	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 294	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002950	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 295	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002960	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 296	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002970	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 297	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002980	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 298	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758002990	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 299	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003000	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 300	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003010	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 301	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003020	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 302	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003030	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 303	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003040	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 304	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003050	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 305	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003060	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 306	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003070	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 307	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003080	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 308	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003090	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 309	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003100	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 310	1	40	$1,529.52	$1,344.00	$2,873.52	

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758003110	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 311	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003120	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 312	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003130	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 313	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003140	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 314	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003150	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 315	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003160	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 316	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003170	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 317	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003180	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 318	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003190	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 319	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003200	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 320	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003210	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 321	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003220	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 322	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003230	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 323	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003240	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 324	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003250	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 325	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003260	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 326	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003270	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 327	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003280	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 328	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003290	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 329	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003300	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 330	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003310	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 331	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003320	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 332	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003330	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 333	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003340	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 334	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003350	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 335	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003360	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 336	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003370	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 337	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003380	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 338	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003390	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 339	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003400	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 340	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003410	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 341	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003420	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 342	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003430	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 343	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003440	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 344	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003450	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 345	1	40	$1,529.52	$1,344.00	$2,873.52	
242812178758003590	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 359	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758003600	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 360	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758003610	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 361	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758003620	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 362	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758003630	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 363	1	50	$1,529.52	$1,612.00	$3,141.52	
242812178758003640	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 364	1	50	$1,529.52	$1,612.00	$3,141.52	

PARCEL ID	PROP DSCR1	PROP DSCR2  Units Product Type	O&M	Series 2020 Series 2022	Total	
242812178758003650	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 365	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003660	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 366	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003670	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 367	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003680	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 368	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003690	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 369	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003700	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 370	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003710	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 371	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003720	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 372	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003730	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 373	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003740	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 374	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003750	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 375	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003760	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 376	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003770	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 377	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003780	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 378	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003790	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 379	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003800	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 380	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003810	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 381	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003820	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 382	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003830	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 383	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003840	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 384	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003850	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 385	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003860	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 386	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003870	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 387	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003880	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 388	1	50	$1,529.52	$1,612.00		$3,141.52	
242812178758003890	SADDLE CREEK PRESERVE PHASE 1 PB 189 PGS 20-23	LOT 389	1	50	$1,529.52	$1,612.00		$3,141.52	
Total Gross Assessments on Roll			224		$342,612.48	$337,236.00	$0.00	$679,848.48	
									
Total Net Assessments on Roll			224		$318,629.61	$313,629.48	$0.00	$632,259.09	

Direct Billing			
Acres						
242801000000024010	N 894 FT OF W 460 FT OF SW1/4 OF SE1/4 & S 1/2 OF	SW1/4 LESS S	62.31	Unplatted	$95,395.32	$0.00	$305,673.79	$401,069.10	
242812000000031010	N1/2 OF NE1/4 OF NW1/4 LESS E 271 FT THEREOF &	LESS THAT PART	0.74	Unplatted	$1,132.92	$0.00	$3,630.21	$4,763.14	
Total Gross Direct Billing			63.05		$96,528.24	$0.00	$309,304.00	$405,832.24	
									
Total Net Direct Billing					$89,771.26	$0.00	$287,652.72	$377,423.98	
									
Total Gross Assessments					$439,140.72	$337,236.00	$309,304.00	$1,085,680.72	
									
Total Net Assessments					$408,400.87	$313,629.48	$287,652.72	$1,009,683.07	

Section V

RESOLUTION 2022-12

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2022-2023; AND PROVIDING FOR AN EFFECTIVE DATE

Whereas, the Saddle Creek Preserve of Polk County Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated entirely within Polk County, Florida; and

Whereas, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi-annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and

Whereas, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located; and

WHEREAS, the Board desires to adopt the Fiscal Year 2022-2023 annual meeting schedule attached as Exhibit A.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Fiscal Year 2022-2023 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

SECTION 2.  This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 23rd day of August 2022

ATTEST:	SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Fiscal Year 2022-2023 Annual Meeting Schedule

Exhibit A

BOARD OF SUPERVISORS MEETING DATES SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022-2023

The Board of Supervisors of the Saddle Creek Preserve of Polk County Community Development District will hold their regular meetings for Fiscal Year 2022-2023 at The Hampton Inn— Lakeland, 4420 North Socrum Loop Road, Lakeland, FL 33809, at 1:00 p.m. on the 4th Thursday of each month, unless otherwise indicated as follows:

October 27, 2022 November 24, 2022 (Thanksgiving)
December 22, 2022
January 26, 2023
February 23, 2023
March 23, 2023
April 27, 2023
May 25, 2023
June 22, 2023
July 27, 2023
August 24, 2023
September 28, 2023

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services – Central Florida, LLC, 219
E. Livingston Street, Orlando, Florida 32801 or by calling (407) 841-5524.

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

District Manager

Section VII

SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT
POLK COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2021

SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-5	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	24	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

25-26	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Saddle Creek Preserve of Polk County Community Development District Polk County, Florida

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities and each major fund of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida (“District”) as of and for the fiscal year ended September 30, 2021, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2021, and the respective changes in financial position thereof for the fiscal year ended September 30, 2021 then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the District’s basic financial statements. The information for compliance with FL Statute 218.39
(3) (c) is not a required part of the basic financial statements. The information for compliance with FL Statute 218.39 (3) (c) has not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on it.

Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 30, 2022, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 30, 2022

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2021. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $833,618.

The change in the District’s total net position for the fiscal year ended September 30, 2021 was
$842,453, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2021, the District’s governmental funds reported combined ending fund balances of $80,504, an increase of $89,339 in comparison with the prior fiscal year. The total fund balance is restricted for debt service, non-spendable for prepaid items, and the remainder is unassigned deficit fund balance.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by Developer contributions and assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three individual governmental fund. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and the capital project fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.
Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
2021	2020
Current and other assets	$	466,156	$	11,852	
Capital assets, net of depreciation	6,295,609	-	
Total assets	6,761,765	11,852	
Current liabilities	444,685	20,687	
Long-term liabilities	5,483,462	-	
Total liabilities	5,928,147	20,687	
Net position
Net investment in capital assets	
812,147	
-	
Restricted	203,865	-	
Unrestricted	(182,394)	(8,835)	
Total net position	$	833,618	$	(8,835)	

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used.

The District’s net position increased during the most recent fiscal year. The majority of the increase was due to capital contributions from the Developer.

Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2021	2020

Revenues:
Program revenues
Charges for services	$	352,796	$	-	
Operating grants and contributions	155,642	54,620	
Capital grants and contributions	886,739	-	
General revenues Miscellaneous income	
1,945	
-	
Total revenues	1,397,122	54,620	
Expenses:
General government	
69,686	
63,455	
Maintenance and operations	4,833	-	
Bond issue costs	282,358	-	
Interest	197,792	-	
Total expenses	554,669	63,455	
Change in net position	842,453	(8,835)	
Net position - beginning	(8,835)	-	
Net position - ending	$	833,618	$	(8,835)	
As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2021 was $554,669. The costs of the District’s activities were primarily funded by program revenues. Program revenues comprised primarily due to capital contributions from the Developer. In total, expenses increased over the prior year as the result of bond issue costs and interest expense incurred during the current year.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2021.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2021, the District had $6,295,609 invested in capital assets for its governmental activities. No depreciation has been taken on the capital assets. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

CAPITAL ASSETS AND DEBT ADMINISTRATION (Continued)

Capital Debt

At September 30, 2021, the District had $5,395,000 Bonds outstanding for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

Subsequent to fiscal year end, the District issued $5,155,000 of Series 2022 Bonds consisting of multiple term bonds with due dates ranging from December 15, 2027 to December 15, 2051 and fixed interest rates ranging from 2.625% to 4.0%. The Bonds were issued to provide funds for the costs of acquiring and constructing infrastructure improvements.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

If you have questions about this report or need additional financial information, contact the Saddle Creek Preserve of Polk County Community Development District’s Finance Department at 219 E. Livingston Street, Orlando, Florida, 32801.

SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2021

	Governmental
	Activities		
ASSETS		
Cash and cash equivalents	$	104,885	
Due from Developer	93,197	
Prepaid items	5,175	
Restricted assets:		
Investments	262,899	
Capital assets:		
Nondepreciable		6,295,609 	
Total assets		6,761,765 	
LIABILITIES		
Accounts payable	123,774	
Contracts and retainage payable	261,878	
Accrued interest payable	59,033	
Non-current liabilities:		
Due within one year	110,000	
Due in more than one year		5,373,462 	
Total liabilities		5,928,147 	
NET POSITION		
Net investment in capital assets	812,147	
Restricted for debt service	203,865	
Unrestricted		(182,394) 	
Total net position	 $	833,618 	

See notes to the financial statements

SADDLE CREEK PRESERVE OF POLK COUNTY COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2021

Charges for

Program Revenues Operating Grants and

Capital Grants and

Net (Expense) Revenue and Changes in Net Position

Governmental

Functions/Programs		Expenses	Services	Contributions	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	69,686	$	-	$	155,624	$	-	$	85,938	
Maintenance and operations	4,833	-	-	886,739	881,906	
Interest on long-term debt	197,792	352,796	18	-	155,022	
Bond issue costs		282,358		-		-		-	(282,358)  Total governmental activities		554,669	352,796	155,642	886,739		840,508 

General revenues:
Miscellaneous income		1,945 	
Total general revenues		1,945 	
Change in net position	842,453	
Net position - beginning		(8,835) 	
Net position - ending	 $	833,618 	

See notes to the financial statements

BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2021

	Major Funds		Total

Debt
General	Service

Capital Projects

Governmental Funds

ASSETS		
Cash and cash equivalents	$	104,885	$	-	$	-	$	104,885	
Investments	-	262,898	1	262,899	
Due from Developer	3,492	-	89,705	93,197	
Prepaid items	5,175	-	-	5,175	
Total assets	$	113,552	$	262,898	$	89,706	$	466,156	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	35,069	$	-	$	88,705	$	123,774	
Contracts and retainage payable	-	-	261,878	261,878	
Total liabilities	35,069	-	350,583	385,652	

Fund balances:
Nonspendable:
Prepaid items Restricted for:
Debt service		5,175

-		-

262,898		-

-		5,175

262,898	
Unassigned		73,308		-		(260,877)		(187,569)	
Total fund balances		78,483		262,898		(260,877)		80,504	

Total liabilities and fund balances	
$	
113,552	
$	
262,898	
$	
89,706	
$	
466,156	

See notes to the financial statement

RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2021
Fund balance - governmental funds	$	80,504 Amounts reported for governmental activities in the statement of
net position are different because:

Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	6,295,609
Accumulated depreciation		-   6,295,609
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(59,033)	
Bonds payable		(5,483,462)	(5,542,495) 	
Net position of governmental activities	$	833,618	

See notes to the financial statement

	Major Funds		Total

REVENUES

Debt
General	Service

Capital Projects

Governmental Funds

Special assessments	$	-	$	352,796	$	-	$	352,796	
Developer contributions	155,624	-	886,608	1,042,232	
Miscellaneous income	1,945	-	-	1,945	
Interest earnings	-	18	131	149	
Total revenues	157,569	352,814	886,739	1,397,122	

EXPENDITURES
Current:
General government	69,686	-	-	69,686	
Maintenance and operations	4,833	-	-	4,833	
Debt service:
Principal	
-	
105,000	
-	
105,000	
Interest	-	141,809	-	141,809	
Bond issuance costs	-	-	282,358	282,358	
Capital outlay	-	-	6,295,609	6,295,609	
Total expenditures	74,519	246,809	6,577,967	6,899,295	

Excess (deficiency) of revenues over (under) expenditures	

83,050	

106,005	

(5,691,228)	

(5,502,173)	

OTHER FINANCING SOURCES (USES)
Transfers in (out)	

-	

143	

(143)	

-	
Original issue premium	-	-	91,512	91,512	
Bond proceeds	-	156,750	5,343,250	5,500,000	
Total other financing sources (uses)	-	156,893	5,434,619	5,591,512	

Net change in fund balances	
83,050	
262,898	
(256,609)	
89,339	
Fund balances - beginning	(4,567)	-	(4,268)	(8,835)	

Fund balances - ending	
$	78,483	
$	262,898	
$	(260,877)	
$	80,504	

See notes to the financial statements

Net change in fund balances - total governmental funds	$	89,339	
Amounts reported for governmental activities in the statement of activities are different because:		
Governmental funds report capital outlays as expenditures; however, the cost of those assets is eliminated in the statement of activities and capitalized in the statement of net position.	

6,295,609	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statements, but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of	

105,000	
Governmental funds report the face amount of Bonds issued as financial resources when debt is first issued, whereas these amounts are eliminated in the statement of activities and recognized as long- term liabilities in the statement of net position.	

(5,500,000)	
In connection with the issuance of the Bonds, the original issue premium is reported as a financing source when debt is first issued, whereas this amount is eliminated in the statement of activities and reduces/increases long-term liabilities in the statement of net position.	

(91,512)	
Amortization of Bond premiums is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

3,050	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the governmental fund financial statements.	

	(59,033) 	
Change in net position of governmental activities	$	842,453	

See notes to the financial statements

NOTE 1 - NATURE OF ORGANIZATION AND REPORTING ENTITY

Saddle Creek Preserve of Polk County Community Development District (the "District") was established by the Board of County Commissioners of Polk County’s approval of Ordinance No. 19-067 effective on November 20, 2019 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. As of September 30, 2021, all of the Board members are affiliated with Lennar Homes (“Developer”).

The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment; operating- type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually at a public hearing of the District. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).

Deposits and Investments (Continued)
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

Fund Equity/Net Position (Continued)
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 - BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriations for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

The District’s investments were held as follows at September 30, 2021:

 Amortized Cost	Credit Risk	Maturities	

First American Treasury Obligations	$

262,899

S&P AAAm

Weighted average of the fund

Fd Cl Y		
 $	262,899 

portfolio: 13 days

Custodial credit risk – For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the District will not be able to recover the value of the investments or collateral securities that are in the possession of an outside party. The District has no formal policy for custodial risk.

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1:	Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. Accordingly, the District’s investments have been reported at amortized cost above.

Governmental activities
Capital assets, not being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Infrastructure under construction	$	-	$	6,295,609	$	-	$	6,295,609	
Total capital assets, not being depreciated	-	6,295,609	-	6,295,609	

Governmental activities capital assets, net	
$	-	$	6,295,609	
$	-	$	6,295,609	

The infrastructure intended to serve the District has been estimated at a total cost of approximately
$12,865,000. The infrastructure will include roadways, potable water and wastewater systems, and land improvements. In addition, the project will include irrigation, parks, and recreational facilities. A portion of the project costs was expected to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer and conveyed to the District. Upon completion, the certain improvements will be conveyed to others for ownership and maintenance responsibilities.

NOTE 6 - LONG-TERM LIABILITIES

Series 2020
In October 2020, the District issued $5,500,000 of Special Assessment Bonds, Series 2020 consisting of multiple term bonds with due dates ranging from June 15, 2025 to June 15, 2050 and fixed interest rates ranging from 2.5% to 4% The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each June 15 and December 1. Principal on the Bonds is to be paid serially commencing June 15, 2021 through June 15, 2050.

The Series 2020 Bonds are subject to redemption at the option of the District prior to their maturity. The Series 2020 Bonds are subject to optional redemption. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2021.

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2021 were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities Bonds payable:
Series 2020	

$	-	$	

5,500,000	

$	105,000	

$	5,395,000	

$	110,000	
Plus: Original issue premium	-	91,512	3,050	88,462	-	
Total	$	-	$	5,591,512	$	108,050	$	5,483,462	$	110,000	

Long-term Debt Activity (Continued)

At September 30, 2021, the scheduled debt service requirements on the long-term debt were as follows:

Year ending

	Governmental Activities	

  September 30:	Principal	Interest	Total	
2022	$	110,000	$	202,400	$	312,400	
2023	115,000	199,650	314,650	
2024	115,000	196,775	311,775	
2025	120,000	193,900	313,900	
2026	120,000	190,900	310,900	
2027-2031	675,000	897,500	1,572,500	
2032-2036	805,000	766,000	1,571,000	
2037-2041	985,000	591,600	1,576,600	
2042-2046	1,200,000	378,000	1,578,000	
2047-2050		1,150,000	117,400	1,267,400 
 $	5,395,000  $	3,734,125  $	9,129,125 

NOTE 7 - DEVELOPER TRANSACTIONS

The Developer has agreed to fund the general operations of the District. In connection with that agreement, Developer contributions to the general fund were $155,624 as of September 30, 2021. In addition, $3,492 is due from the Developer as of September 30, 2021.

The Developer has agreed to fund the costs of the construction project that exceed proceeds from Bonds issued. In connection with that agreement, Developer contributions to the capital projects fund were
$866,608 as of September 30, 2021. In addition, $89,705 is due from the Developer as of September 30, 2021.

The Developer owns a portion of land within the District; therefore, assessment revenues in the debt service funds include the assessments levied on those lots owned by the Developer.

NOTE 8 - CONCENTRATION

The District’s activity is dependent upon the continued involvement of the Developer and major landowners, the loss of which could have a material adverse effect on the District’s operations.

NOTE 9 - MANAGEMENT COMPANY

The District has contracted with a management company to perform services which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 10 - RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims since inception of the District.

As of September 30, 2021, the District had open contracts for various construction projects. The contracts totaled approximately $5,468,609, of which approximately $231,053 was uncompleted at September 30, 2021. See note 11 for additional contracts entered into subsequent to fiscal year end.

NOTE 12 – SUSEQUENT EVENTS

Bond Issuance
Subsequent to fiscal year end, the District issued $5,155,000 of Series 2022 Bonds consisting of multiple term bonds with due dates ranging from December 15, 2027 to December 15, 2051 and fixed interest rates ranging from 2.625% to 4.0%. The Bonds were issued to provide funds for the costs of acquiring and constructing infrastructure improvements.

Construction Contracts
Subsequent to fiscal year end the District entered into construction contracts that totaled approximately
$2,382,463.

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2021

Budgeted
	Amounts	 Original & Final

Actual Amounts

Variance with Final Budget - Positive (Negative)

REVENUES
Developer Contributions

$	197,506	$

155,624	$

(41,882)

Miscellaneous	-	1,945	1,945

Total revenues	197,506	157,569	(39,937)

EXPENDITURES
Current:
General government	103,846	69,686	34,160	
Maintenance and operations	93,660	4,833	88,827	
Total expenditures	197,506	74,519	122,987	

Excess (deficiency) of revenues over (under) expenditures	

 $	-		

83,050	

 $	83,050 	
Fund balance - beginning			(4,567) 		
Fund balance - ending		 $	78,483 		

See notes to required supplementary information

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2021.

OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FL STATUTE 218.39(3)(C) UNAUDITED

Element	Comments	
Number of district employees compensated at 9/30/2021	0	
Number of independent contractors compensated in September 2021	9	
Employee compensation for FYE 9/30/2021 (paid/accrued)	$	-	
Independent contractor compensation for FYE 9/30/2021	$	6,389,464.81	
Construction projects to begin on or after October 1; (>$65K)	Not applicable	
Budget variance report	See page 22 of annual financial report	
Ad Valorem taxes;	Not applicable	
Millage rate FYE 9/30/2021	Not applicable	
Ad valorem taxes collected FYE 9/30/2021	Not applicable	
Outstanding Bonds:	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate FYE 9/30/2021	Debt service - $1,344 - $1,612	
Special assessments collected FYE 9/30/2021	$	352,796.46	
Outstanding Bonds:		
Series 2020, due June 15, 2050,	see Note 6 for details	

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Saddle Creek Preserve of Polk County Community Development District Polk County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida (“District”) as of and for the fiscal year ended September 30, 2021, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 30, 2022.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 30, 2022

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Saddle Creek Preserve of Polk County Community Development District Polk County, Florida

We have examined Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2021. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2021.

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Supervisors of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 30, 2022

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Saddle Creek Preserve of Polk County Community Development District Polk County, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida ("District") as of and for the fiscal year ended September 30, 2021, and have issued our report thereon dated June 30, 2022.

Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 30, 2022, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Saddle Creek Preserve of Polk County Community Development District, Polk County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 30, 2022

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS

None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2020.

Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2021.

Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2021.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2021. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 24.

Section VIII

Section B

Section 1

TEMPLATE FOR LOCAL GOVERNMENTS AND SPECIAL DISTRICTS FOR PERFORMING A STORMWATER NEEDS
ANALYSIS PURSUANT TO SECTION 5 OF SECTION 403.9302, FLORIDA STATUTES	

INTRODUCTION	

As part of the 2021 regular session, the Legislature recognized the need for a long-term planning process for stormwater and wastewater. Section 403.9302, Florida Statutes, requires a 20-year needs analysis from the local governments providing stormwater services. Because this planning document is forward-looking, it will necessarily include a large number of assumptions about future actions. These assumptions should be based on
any available information coupled with best professional judgment of the individuals completing the document.	
Completing this template by June 30, 2022, will fulfill the statutory requirements for the first round of 20-year
needs analyses for stormwater. The template was generated by EDR in cooperation with local governments, Special Districts, the Florida Department of Environmental Protection (DEP), the Water Management Districts, the Florida Stormwater Association, private consultants, and others. Use of this tool will help ensure that information is compiled consistently for the Office of Economic & Demographic Research’s (EDR) report to the
Legislature.	
For the purposes of this document, a stormwater management program and a stormwater management system
are as defined in statute (s. 403.031(15) and (16), F.S., respectively; language provided here: https://www.flsenate.gov/Laws/Statutes/2021/403.031). Plainly speaking, the “program” is the institutional framework whereby stormwater management activities (MS4 NPDES permit activities, and other regulatory activities, construction, operation and maintenance, etc. ) are carried out by the public authority. The “system” comprises the physical infrastructure that is owned and/or operated by the local government or special district that specifically is intended to control, convey or store stormwater runoff for treatment and flood protection
purposes.	

For the purposes of this document, the following guiding principles have been adopted:	
Stormwater systems or facilities owned and operated by any of the following are excluded from reporting
requirements for local governments and special districts:	
Private entities or citizens
Federal government
State government, including the Florida Department of Transportation (FDOT)
Water Management Districts
School districts
State universities or Florida colleges	
Local government expenditures associated with routine operation and maintenance are fully funded prior to
commencing new projects and initiatives.	

Local government submissions will include the activities of dependent special districts. Only independent special districts report separately. For a list of all special districts in the state and their type (i.e., dependent or independent), please see the Department of Economic Opportunity’s Official List of Special Districts at the
following link: http://specialdistrictreports.floridajobs.org/webreports/alphalist.aspx.	
With respect to federal and state statutes and rulemaking, current law and current administration prevails
throughout the 20-year period. In other words, the state’s present legal framework (i.e., the status quo) continues throughout the period.	

GENERAL INSTRUCTIONS FOR USING THE TEMPLATE 	
Instructions for submitting the template are still under development. Additional information regarding
submission and answers to frequently asked questions will be posted on EDR’s website, along with other useful materials, here: http://edr.state.fl.us/Content/natural-resources/stormwaterwastewater.cfm	
The statutory language forms the titles for each part. This template asks that you group your recent and
projected expenditures in prescribed categories. A detailed list of the categories is provided in part 5.0.	
The same project should not appear on multiple tables in the jurisdiction’s response unless the project’s
expenditures are allocated between those tables. All expenditures should be reported in $1,000s (e.g., five hundred thousand dollars should be reported as $500).	
For any jurisdiction that is contracting with another jurisdiction where both could be reporting the same
expenditure, please contact EDR for additional guidance. In situations where a reporting jurisdiction contracts
with a non-reporting jurisdiction, (i.e., FDOT, the water management districts, the state or federal government), the reporting jurisdiction should include the expenditures.	
When reporting cost information, please only include the expenditures that have flowed, are flowing, or will
likely flow through your jurisdiction’s budget. While necessary to comply with the statute, the concept of “future expenditures” should be viewed as an expression of identified needs.	
These projections are necessarily speculative and do not represent a firm commitment to future budget
actions by the jurisdiction.	

This Excel workbook contains three worksheets for data entry. (Along the bottom of the screen, the three tabs
are highlighted green.) Empty cells with visible borders are unlocked for data entry. In the first tab, titled "Background through Part 4," the information requested is either text, a dropdown list (e.g., Yes or No), or a
checkbox. The next tab, "Part 5 through Part 8," contains tables for expenditure or revenue data as well as some follow-up questions that may have checkboxes, lists, or space for text.	

In Part 5 and Part 6, the expenditure tables have space for up to 5 projects. More projects can be listed in the "Additional Projects" tab. This tab contains a table with space for up to 200 additional projects. In order for these additional projects and expenditures to be correctly classified and included in the final totals, each project must
be assigned a Project Type and Funding Source Type the from the dropdown lists in columns B and C.	

Links to Template Parts:	
Background Information	
Part 1	
Part 2	
Part 3	
Part 4	
Part 5	
Part 6	
Part 7	
Part 8	
Additional Projects - This table contains additional rows for projects that do not fit into the main tables in 
Parts 5 and 6	

South Florida Water Management District (SFWMD)

Southwest Florida Water Management District (SWFWMD)

St. Johns River Water Management District (SJRWMD)

Suwannee River Water Management District (SRWMD)

Northwest Florida Water Management District (NWFWMD)

Indicate the Water Management District(s) in which your service area is located.

407-841-5524

Phone Number:

jburns@gmscfl.com

Email Address:

District Manager

Position/Title:

Jill Burns

Name:

Contact Person

Saddle Creek Preserve CDD

Name of stormwater utility, if applicable:

Polk County

Name of Local Government:

Please provide your contact and location information, then proceed to the template on the next sheet.

Background Information

Indicate the type of local government:	

	Municipality	
	County	
	Independent Special District	

Part 1.0 Detailed description of the stormwater management program (Section 403.9302(3)(a), F.S.)

The stormwater management program, as defined in the Introduction, includes those activities associated with the management, operation and maintenance, and control of stormwater and stormwater management systems, including activities required by state and federal law. The detailed program description is divided into multiple subparts consisting of narrative and data fields.

Part 1.1 Narrative Description:

Stormwater Management in Polk County requires treatment of runoff (water quality), attenuation of runoff (water quantity), and management of flooding.

Please provide a brief description of the current institutional strategy for managing stormwater in your jurisdiction. Please include
any mission statement, divisions or departments dedicated solely or partly to managing stormwater, dedicated funding sources, and other information that best describes your approach to stormwater:

On a scale of 1 to 5, with 5 being the highest, please indicate the importance of each of the following goals for your program:		
0	1	2	3	4	5		

 					

 					

 					

 						Drainage & flood abatement (such as flooding events associated with rainfall and hurricanes)	
	Water quality improvement (TMDL Process/BMAPs/other)	
	Reduce vulnerability to adverse impacts from flooding related to increases in frequency and duration of rainfall events, storm surge and sea level rise	
	Other:	

		

No

Does your jurisdiction have an NPDES Municipal Separate Storm Sewer System (MS4) Permit?

Yes

Does your jurisdiction have a dedicated stormwater utility?

No

Does your jurisdiction have a Stormwater Master Plan or Plans?

Yes

Does your jurisdiction have an asset management (AM) system for stormwater infrastructure?

Part 1.2 Current Stormwater Program Activities:

Please provide answers to the following questions regarding your stormwater management program.

●

If yes, is your jurisdiction regulated under Phase I or Phase II of the NPDES Program:

●

If no, do you have another funding mechanism?

Community Development District levies stormwater taxes

If yes, please describe your funding mechanism.

●

If Yes:	
	How many years does the plan(s) cover?		
	Are there any unique features or limitations that are necessary to understand what the plan does or does
not address?	

Please provide a link to the most recently adopted version of the document (if it is published online):

●

If Yes, does it include 100% of your facilities?	Yes	
If your AM includes less than 100% of your facilities, approximately what percent of your
facilities are included?		

Does your stormwater management program implement the following (answer Yes/No):	
	A construction sediment and erosion control program for new construction (plans review
and/or inspection)?	
Yes	
	An illicit discharge inspection and elimination program?	Yes	
	A public education program?	No	
	A program to involve the public regarding stormwater issues?	No	
	A “housekeeping” program for managing stormwater associated with vehicle maintenance
yards, chemical storage, fertilizer management, etc. ?	
Yes	
	A stormwater ordinance compliance program (i.e., for low phosphorus fertilizer)?	No	
	Water quality or stream gage monitoring?	No	
	A geospatial data or other mapping system to locate stormwater infrastructure (GIS, etc. )?	
Yes	
	A system for managing stormwater complaints?	Yes	
	Other specific activities?	

Notes or Comments on any of the above:

Part 1.3 Current Stormwater Program Operation and Maintenance Activities

Please provide answers to the following questions regarding the operation and maintenance activities undertaken by your
stormwater management program.

No

Does your jurisdiction typically assume maintenance responsibility for stormwater systems associated
with new private development (i.e., systems that are dedicated to public ownership and/or operation upon completion)?

●

Notes or Comments on the above:

Does your stormwater operation and maintenance program implement any of the following (answer Yes/No):	
	Routine mowing of turf associated with stormwater ponds, swales, canal/lake banks, etc. ?	
Yes	
	Debris and trash removal from pond skimmers, inlet grates, ditches, etc. ?	Yes	
	Invasive plant management associated with stormwater infrastructure?	Yes	
	Ditch cleaning?	Yes	
	Sediment removal from the stormwater system (vactor trucks, other)?	No	
	Muck removal (dredging legacy pollutants from water bodies, canal, etc. )?	No	
	Street sweeping?	No	
	Pump and mechanical maintenance for trash pumps, flood pumps, alum injection, etc. ?	
No	
	Non-structural programs like public outreach and education?	No	
	Other specific routine activities?	

Part 2. Detailed description of the stormwater management system and its facilities and projects (continued Section 403.9302(3)(a), F.S.)

A stormwater management system, as defined in the Introduction, includes the entire set of site design features and structural infrastructure for collection, conveyance, storage, infiltration, treatment, and disposal of stormwater. It may include drainage improvements and measures to prevent streambank channel erosion and habitat degradation. This section asks for a summary description of your stormwater management system. It is not necessary to provide geospatial asset data or a detailed inventory. For some, it may be possible to gather the required data from your Asset Management (AM) system. For others, data may be gathered from sources such as an MS4 permit application, aerial photos, past or ongoing budget investments, water quality projects, or any other system of data storage/management that is employed by the jurisdiction.

Please provide answers to the following questions regarding your stormwater system inventory. Enter zero (0) if your system does
not include the component.		
	Number	Unit of
Measurement	
	Estimated feet or miles of buried culvert:	1.00	Miles	
	Estimated feet or miles of open ditches/conveyances (lined and unlined) that are maintained by the
stormwater program:	
0.00	
Feet	
	Estimated number of storage or treatment basins (i.e., wet or dry ponds):	12		
	Estimated number of gross pollutant separators including engineered sediment traps such as baffle
boxes, hydrodynamic separators, etc. :	
0		
	Number of chemical treatment systems (e.g., alum or polymer injection):	0		
	Number of stormwater pump stations:	0		
	Number of dynamic water level control structures (e.g., operable gates and weirs that control canal
water levels):	
0		
	Number of stormwater treatment wetland systems:	0		
	Other:		

				

				

Notes or Comments on any of the above:

Which of the following green infrastructure best management practices do you use to manage water flow and/or improve water
quality (answer Yes/No):

Best Management Practice	Current	Planned	
Tree boxes	No	No	
Rain gardens	No	No	
Green roofs	No	No	
Pervious pavement/pavers	No	No	
Littoral zone plantings	No	No	
Living shorelines	No	No	
est Management Practices:	

			

Other B

Please indicate which resources or documents you used when answering these questions (check all that apply).

Asset management system	
GIS program	
MS4 permit application	
Aerial photos	
Past or ongoing budget investments	
Water quality projects	
Other(s):	

Part 3. The number of current and projected residents served calculated in 5-year increments (Section 403.9302(3)(b), F.S.)

Counties and municipalities: Instead of requiring separate population projections, EDR will calculate the appropriate population
estimates for each municipality or the unincorporated area of the county. If your service area is less than or more than your local government’s population, please describe in the first text box provided below for part 4.0.

Independent Special Districts:	
	If an independent special district’s boundaries are completely aligned with a county or a municipality, identify that
jurisdiction here:	
	N/A	

Any independent special district whose boundaries do not coincide with a county or municipality must submit a GIS
shapefile with the current and projected service area. EDR will calculate the appropriate population estimates based on that map. Submission of this shapefile also serves to complete Part 4.0 of this template.

Part 4.0 The current and projected service area for the stormwater management program or stormwater management system (Section 403.9302(3)(c), F.S.)

Service area is the limits of the CDD

Rather than providing detailed legal descriptions or maps, this part of the template is exception-based. In this regard, if the
stormwater service area is less than or extends beyond the geographic limits of your jurisdiction, please explain.

N/A

Similarly, if your service area is expected to change within the 20-year horizon, please describe the changes (e.g., the expiration of
an interlocal agreement, introduction of an independent special district, etc. ).

Proceed to Part 5

Part 5.0 The current and projected cost of providing services calculated in 5-year increments (Section 403.9302(3)(d), F.S.)

Given the volume of services, jurisdictions should use the template’s service groupings rather than reporting the current and projected cost of each individual service.
Therefore, for the purposes of this document, “services” means:	
1.

2.	Routine operation and maintenance (inclusive of the items listed in Part 1.3 of this document, ongoing administration, and non-structural programs)	
	Expansion (that is, improvement) of a stormwater management system.	

Expansion means new work, new projects, retrofitting, and significant upgrades. Within the template, there are four categories of expansion projects.	
1.
2.

3.

4.	Flood protection, addressed in parts 5.2 and 5.3… this includes capital projects intended for flood protection/flood abatement	
	Water quality, addressed in part 5.2 and 5.3… this includes stormwater projects related to water quality improvement, such as BMAPs; projects to benefit
natural systems through restoration or enhancement; and stormwater initiatives that are part of aquifer recharge projects	
	Resiliency, addressed in part 5.4… this includes all major stormwater initiatives that are developed specifically to address the effects of climate change, such
as sea level rise and increased flood events	
	End of useful life replacement projects, addressed in part 6.0… this includes major expenses associated with the replacement of aging infrastructure	

While numbers 3 and 4 have components that would otherwise fit into the first two categories, they are separately treated given their overall importance to the
Legislature and other policymakers.	
Expansion projects are further characterized as currently having either a committed funding source or no identified funding source. Examples of a committed funding source include the capacity to absorb the project’s capital cost within current budget levels or forecasted revenue growth; financing that is underway or anticipated (bond or loan); known state or federal funding (appropriation or grant); special assessment; or dedicated cash reserves for future expenditure.	
All answers should be based on local fiscal years (LFY, beginning October 1 and running through September 30). Please use nominal dollars for each year, but include any expected cost increases for inflation or population growth. Please check the EDR website for optional growth rate schedules that may be helpful.	
If you have more than 5 projects in a particular category, please use the "Additional Projects" tab. There, you can use dropdown lists to choose the project category
and whether there is a committed funding source, then enter the project name and expenditure amounts.	

Part 5.1 Routine Operation and Maintenance

Please complete the table below, indicating the cost of operation and maintenance activities for the current year and subsequent five-year increments throughout the 20-year horizon. Your response to this part should exclude future initiatives associated with resiliency or major expenses associated with the replacement of aging infrastructure; these activities are addressed in subparts 5.4 and 6.0. However, do include non-structural programs like public outreach and education in this category.	
If specific cost data is not yet available for the current year, the most recent (2020-21) O&M value can be input into the optional growth rate schedules (available on EDR's website as an Excel workbook). The most recent O&M value can be grown using the provided options for inflation, population growth, or some other metric of your choosing. If the growth in your projected total O&M costs is more than 15% over any five-year increment, please provide a brief explanation of the major drivers.	
Routine Operation and Maintenance	Expenditures (in $thousands)
	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
Operation and Maintenance Costs	37	42	48	55	63	
Brief description of growth greater than 15% over any 5-year period:	

Please list expansion projects and their associated costs for the current year and subsequent five-year increments throughout the 20-year planning horizon. In this
section, include stormwater system expansion projects or portions of projects with a committed funding source. If you include a portion of a project that is not fully funded, the project’s remaining cost must be included in part 5.3, Expansion Projects with No Identified Funding Source.	
Though many, if not most, stormwater projects benefit both flood protection and water quality, please use your best judgment to either allocate costs or simply select the primary purpose from the two categories below.	

If you are party to an adopted BMAP, please include the capital projects associated with stormwater in this table. Include BMAP project number, cost to your jurisdiction, and year(s) that capital improvement costs are to be incurred. For reference, DEP publishes a complete list of adopted BMAP projects as an appendix in their Annual STAR Report.

5.2.2 Water Quality Projects (Committed Funding Source): Please provide a list of scheduled water quality projects in your jurisdiction, such as treatment basins, alum injection systems, green infrastructure, water quality retrofits, etc., that have a direct stormwater component. The projected expenditures should reflect only those costs.

5.2.1 Flood Protection (Committed Funding Source): Provide a list of all scheduled new work, retrofitting and upgrades related to flood protection/flood
abatement. Include infrastructure such as storage basins, piping and other conveyances, land purchases for stormwater projects, etc . Also include major hardware purchases such as vactor/jet trucks.

Expansion Projects with a Committed Funding Source
Flood Protection

Expenditures (in $thousands)

Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						
						
Water Quality	Expenditures (in $thousands)
Project Name (or, if applicable, BMAP Project
Number or ProjID)	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						

Please provide a list of known expansion projects or anticipated need(s) without formal funding commitments(s), formal pledges, or obligations. If you included a portion
of a project that was partially covered by a committed source in part 5.2 above, list the projects and their remaining costs below.	

●

●

List other future water quality projects, including those in support of local water quality goals as well as those identified in proposed (but not yet adopted) BMAPs.

If you are party to an adopted BMAP, please list capital projects associated with stormwater. Include BMAP project number, cost to your
jurisdiction, and year(s) that capital improvement costs are to be incurred.

5.3.2 Future Water Quality Projects with no Identified Funding Source: Please provide a list of future stormwater projects needed in your jurisdiction over the next 20 years that are primarily related to water quality issues. Future needs may be based on proximity to impaired waters or waters with total maximum daily loads (TMDLs), BMAPs, state adopted Restoration Plans, Alternative Restoration Plans, or other local water quality needs.

5.3.1 Future Flood Protection with No Identified Funding Source: Please provide a list of future flood protection/flood abatement projects, associated land
purchases, or major hardware purchases that are needed in your jurisdiction over the next 20 years. Future needs may be based on Master Plans, Comprehensive Plan Elements, Water Control Plans, areas of frequent flooding, hydrologic and hydraulic modeling, public safety, increased frequency of maintenance, desired level of service, flooding complaints, etc.

Expansion Projects with No Identified Funding Source
Flood Protection

Expenditures (in $thousands)

Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						
						
Water Quality	Expenditures (in $thousands)
Project Name (or, if applicable, BMAP Project
Number or ProjID)	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						

Please indicate which resources or documents you used to complete table 5.3 (check all that apply).	

	Stormwater Master Plan	
	Basin Studies or Engineering Reports	
	Adopted BMAP	
	Adopted Total Maximum Daily Load	
	Regional or Basin-specific Water Quality Improvement Plan or Restoration Plan	
	Specify:	N/A	
	Other(s):		

Part 5.4 Stormwater projects that are part of resiliency initiatives related to climate change

Please list any stormwater infrastructure relocation or modification projects and new capital investments specifically needed due to sea level rise, increased flood
events, or other adverse effects of climate change. When aggregating, include O&M costs for these future resiliency projects and investments in this table (not in part 5.1). If your jurisdiction participates in a Local Mitigation Strategy (LMS), also include the expenditures associated with your stormwater management system in this category (for example, costs identified on an LMS project list).	

Resiliency Projects with a Committed Funding Source	Expenditures (in $thousands)
Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						
						
Resiliency Projects with No Identified Funding Source	Expenditures (in $thousands)
Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						

Has a vulnerability assessment been completed for your jurisdiction’s storm water system?	No	
	If no, how many facilities have been assessed?		
Does your jurisdiction have a long-range resiliency plan of 20 years or more?	No	

●

●

If yes, please provide a link if available:		
If no, is a planning effort currently underway?	No	

Rather than reporting the exact number of useful years remaining for individual components, this section is constructed to focus on infrastructure components that are
targeted for replacement and will be major expenses within the 20-year time horizon. Major replacements include culverts and pipe networks, control structures, pump stations, physical/biological filter media, etc . Further, the costs of retrofitting when used in lieu of replacement (such as slip lining) should be included in this part.
Finally, for the purposes of this document, it is assumed that open storage and conveyance systems are maintained (as opposed to replaced) and have an unlimited service life.	
In order to distinguish between routine maintenance projects and the replacement projects to be included in this part, only major expenses are included here. A major expense is defined as any single replacement project greater than 5% of the jurisdiction’s total O&M expenditures over the most recent five-year period (such as a project in late 2021 costing more than 5% of the O&M expenditures for fiscal years 2016-2017 to 2020-2021).	
If you have more than 5 projects in a particular category, please use the "Additional Projects" tab. There, you can use dropdown lists to choose the project category
and whether there is a committed funding source, then enter the project name and expenditure amounts.	

Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						

End of Useful Life Replacement Projects with a Committed Funding Source

End of Useful Life Replacement Projects with No Identified Funding Source

Expenditures (in $thousands)

Expenditures (in $thousands)

Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
N/A						

						

components. (Section 403.9302(3)(f), F.S.)

This part of the template also addresses a portion of s. 403.9302(3)(g), F.S., by including historical expenditures. Many local governments refer to these as “actual”
expenditures.	
Consistent with expenditure projections, the jurisdiction’s actual expenditures are categorized into routine O&M, expansion, resiliency projects, and replacement of aging infrastructure. Additionally, the table includes space for reserve accounts. EDR’s interpretation of subparagraph 403.9302(3)(f), F.S., is that “capital account” refers to any reserve account developed specifically to cover future expenditures.	
Note that for this table:	
●
●

●
●
●	Expenditures for local fiscal year 2020-21 can be estimated based on the most current information if final data is not yet available.	
	Current Year Revenues include tax and fee collections budgeted for that fiscal year as well as unexpended balances from the prior year (balance forward or
carry-over) unless they are earmarked for the rainy day or a dedicated reserve as explained in the following bullets.	
	Bond proceeds should reflect only the amount expended in the given year.	
	A reserve is a dedicated account to accumulate funds for a specific future expenditure.	
	An all-purpose rainy day fund is a type of working capital fund typically used to address costs associated with emergencies or unplanned events.	

The sum of the values reported in the "Funding Sources for Actual Expenditures" columns should equal the total "Actual Expenditures" amount. The cells in the "Funding
Sources for Actual Expenditures" section will be highlighted red if their sum does not equal the "Actual Expenditures" total.	
If you do not have a formal reserve dedicated to your stormwater system, please enter zero for the final two reserve columns.	

Routine O&M
	Total	Funding Sources for Actual Expenditures		
	
Actual Expenditures	Amount Drawn
from Current Year Revenues	Amount Drawn
from Bond Proceeds	Amount Drawn
from Dedicated Reserve	Amount Drawn
from All-Purpose Rainy Day Fund		Contributions to Reserve Account	Balance of Reserve Account	
2016-17									
2017-18									
2018-19									
2019-20									
2020-21									

Expansion
	Total	Funding Sources for Actual Expenditures		
	
Actual Expenditures	Amount Drawn
from Current Year Revenues	Amount Drawn
from Bond Proceeds	Amount Drawn
from Dedicated Reserve	Amount Drawn
from All-Purpose Rainy Day Fund		Contributions to Reserve Account	Balance of Reserve Account	
2016-17									
2017-18									
2018-19									
2019-20									
2020-21									

Resiliency
	Total	Funding Sources for Actual Expenditures		
	
Actual Expenditures	Amount Drawn
from Current Year Revenues	Amount Drawn
from Bond Proceeds	Amount Drawn
from Dedicated Reserve	Amount Drawn
from All-Purpose Rainy Day Fund		Contributions to Reserve Account	Balance of Reserve Account	
2016-17									
2017-18									
2018-19									
2019-20									
2020-21									

Replacement of Aging Infrastructure
	Total	Funding Sources for Actual Expenditures		
	
Actual Expenditures	Amount Drawn
from Current Year Revenues	Amount Drawn
from Bond Proceeds	Amount Drawn
from Dedicated Reserve	Amount Drawn
from All-Purpose Rainy Day Fund		Contributions to Reserve Account	Balance of Reserve Account	
2016-17									
2017-18									
2018-19									
2019-20									
2020-21									

Part 8.0 The local government's plan to fund the maintenance or expansion of any facility or its major components. The plan must include historical and estimated future revenues and expenditures with an evaluation of how the local government expects to close any projected funding gap (Section 403.9302(3)(g), F.S.)

In this template, the historical data deemed necessary to comply with s. 403.9302(3)(g), F.S., was included in part 7.0. This part is forward looking and includes a funding gap calculation. The first two tables will be auto-filled from the data you reported in prior tables. To do this, EDR will rely on this template’s working definition of
projects with committed funding sources, i.e., EDR assumes that all committed projects have committed revenues. Those projects with no identified funding source are considered to be unfunded. EDR has automated the calculation of projected funding gaps based on these assumptions.	

Committed Funding Source	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
Maintenance	42	48	55	63	
Expansion	0	0	0	0	
Resiliency	0	0	0	0	
Replacement/Aging Infrastructure	0	0	0	0	
Total Committed Revenues (=Total Committed Projects)	42	48	55	63	

No Identified Funding Source	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
Maintenance	0	0	0	0	
Expansion	0	0	0	0	
Resiliency	0	0	0	0	
Replacement/Aging Infrastructure	0	0	0	0	
Projected Funding Gap (=Total Non-Committed Needs)	0	0	0	0	

For any specific strategies that will close or lessen a projected funding gap, please list them in the table below. For each strategy, also include the
expected new revenue within the five-year increments.

Strategies for New Funding Sources	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

					

Total	0	0	0	0	

Remaining Unfunded Needs	0	0	0	0	

Additional Table Rows

Choose from the drop-down lists for Project Type and Funding Source Type, then fill in the project name and expenditure estimates.	
Rows that are highlighted RED are either missing information in a "Project & Type Information" column or have zero expenditures.	
Link to aggregated table to crosscheck category totals and uncategorized projects.		

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

								

								

								

								

								

								

								

								

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

								

								

								

								

								

								

								

								

								

								

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

								

								

								

								

								

								

								

								

								

								

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

								

								

								

								

								

								

								

								

								

								

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

								

								

								

								

								

								

								

								

								

								

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

Project & Type Information	Expenditures (in $thousands)	
Project Type
(Choose from dropdown list)	Funding Source Type
(Choose from dropdown list)	Project Name	LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	

								

								

Project & Type Information	Expenditures	
Project Type	Funding Source Type		LFY 2021-2022	2022-23 to
2026-27	2027-28 to
2031-32	2032-33 to
2036-37	2037-38 to
2041-42	
Expansion Projects, Flood Protection	Committed Funding Source	Aggregated Total	0	0	0	0	0	
Expansion Projects, Water Quality	Committed Funding Source	Aggregated Total	0	0	0	0	0	
Resiliency Projects	Committed Funding Source	Aggregated Total	0	0	0	0	0	
End of Useful Life Replacement Projects	Committed Funding Source	Aggregated Total	0	0	0	0	0	
Expansion Projects, Flood Protection	No Identified Funding Source	Aggregated Total	0	0	0	0	0	
Expansion Projects, Water Quality	No Identified Funding Source	Aggregated Total	0	0	0	0	0	
Resiliency Projects	No Identified Funding Source	Aggregated Total	0	0	0	0	0	
End of Useful Life Replacement Projects	No Identified Funding Source	Aggregated Total	0	0	0	0	0	

Total of Projects without Project Type and/or Funding Source Type	0	0	0	0	0	

SECTI--O	·C

Monitoring construction of amenity.
Will begin obtaining maintenance proposals when amenity is closer to completion.
Pool area is in progress.

In Progress – Amenity Construction

Appears some de- watering is occurring at the large main pond.
Will monitor de-watering for any maintenance concerns.

De-watering Main Pond

Saddle Creek Preserve CDD Field Management Report

Site Items: Future Conveyance

Additional Items

MES behind Lot 44/43 has washed out and eroded.
This will need repaired before conveyance.
This has worsened as the MES is not cracked. (In Conveyance report) Condition still exists.

Site Items: Washed Out MES

In the process of performing conveyance of areas to the CDD.
Some areas have prelim checklist items such as not being sodded or completed.
Preliminary report made.

Additional Items

Contract Services: Aquatics

Irrigation has decoders installed.
It was tested and is working.
Declining oaks have recovered.

Site Items: Irrigation – Entry Landscaping

Some concerns with the aquatic vendors performance.
Addressing concerns with the aquatic vendor.
Requesting reports and other validation.
Some minor improvements.

Additional Items

Contract Services: Landscape Maintenance

Overall Landscaper is performing well.
Beds are detailed and common areas are mowed.
Pond areas are being mowed bi-weekly.
Landscaper is beginning maintenance of irrigation as well.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-201-1514, or by email at csmith@gmscfl.com. Thank you.

Respectfully, Clayton Smith

Revised Landscaping Inspection

18259083520

Reference Number: Form Name: Submitter Name: Submission Date: Location:

20220721-18259083520
Revised Landscaping Inspection
Clayton Smith (csmith@gmscfl.com) | csmith@gmscfl.com Jul 21, 2022 1:55:20 PM EDT
3883 White Ibis Rd, Lakeland, FL 33811, USA Jul 21, 2022 1:55:07 PM EDT [ View Map ]

.	
NEW PAGE	
Landscaping Status Review	
District	Saddle Creek of Polk County
Site Inspected By	Clayton Smith - Field Manager
Overall Landscape Quality	Issues Identified	
Issue Details	
ISSUE DETAILS	1 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	348G+G2 Fussels Corner, FL, USA latitude: 28.066284472822428 altitude: 0.0 longitude: -81.87493644654751 [ viewMap ]	
.

Action Item Picture

Action Item Description	Corner of pond area not sodded. area is maintainable and will likely fill in. however may have been in contractors scope. overall will not prevent turnover.
Request Vendor Proposal	No	
ISSUE DETAILS	2 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	1622 Deverly Dr, Lakeland, FL 33801, USA latitude: 28.068006299944308 altitude: 0.0 longitude: -81.87107942998409 [ viewMap ]
Action Item Picture

Action Item Description	Area behind lot 40/41 is washed out and the pond bank is heavily damaged. Previous repair did not persevere. Area will need regraded and sod added for full conveyance. currently causes access issues to this area of the bank for landscape maintenance.	

Request Vendor Proposal	No	
ISSUE DETAILS	3 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	1622 Deverly Dr, Lakeland, FL 33801, USA latitude: 28.068008666697995 altitude: 0.0 longitude: -81.87146533280611 [ viewMap ]
Action Item Picture

Action Item Description	Heavy erosion on pond bank behind lot 44/43.
Erosion is progressing up the bank and MES has now cracked in half. Repairs to the MES and bank are needed. Regrade area and repour MES.
Request Vendor Proposal	No	
ISSUE DETAILS	4 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	1628 Deverly Dr, Lakeland, FL 33801, USA latitude: 28.06831042736609 altitude: 0.0 longitude: -81.87017351388931 [ viewMap ]
Action Item Picture	

Optional Sketch Drawing

Action Item Description	Common area is not complete. No sod or any other landscaping in place as of yet. unclear if this is an open space or will include any items such as benches or plant beds. Currently incomplete.
Recommend final complete area before turnover.
Request Vendor Proposal	No	
ISSUE DETAILS	5 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	4577 Dewsbury Ct, Lakeland, FL 33801, USA latitude: 28.068127596003666 altitude: 0.0 longitude: -81.86767470091581 [ viewMap ]
Action Item Picture	

Optional Sketch Drawing

Action Item Description	Entire tract does not appear to have been fully cleared or sodded at this time. many pine trees and other plants remain. some areas also appear to have damages to the grading and will need regraded for final product. Site vendor mentioned area was seeded, seed did not take in many areas and will need additional seed if that is the approach for this tract. recommendation is bush hogged, grading and sod. seed as a second option. Tract also includes a silt fence inside the tract that needs removed.
Request Vendor Proposal	No	
ISSUE DETAILS	6 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	34CJ+2G Fussels Corner, FL, USA latitude: 28.070072751908942 altitude: 0.0	

longitude: -81.86867784708738 [ viewMap ]
Action Item Picture

Action Item Description	Pond has a lot of turbidity. May clear up time.
Continue to monitor pond turbidity.
Request Vendor Proposal	No	
ISSUE DETAILS	7 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	34CM+F4 Fussels Corner, FL, USA latitude: 28.071172969747778 altitude: 0.0 longitude: -81.86716005206108 [ viewMap ]
Action Item Picture	

Action Item Description	Temporary access road through tract. will need graded and sodded. Can be turned over with this exception. As a note, adjacent property does appear to flood into this tract.
Request Vendor Proposal	No	
ISSUE DETAILS	8 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	34FM+69 Fussels Corner, FL, USA latitude: 28.072979621924016 altitude: 0.0 longitude: -81.86657097190619 [ viewMap ]
Action Item Picture	

Action Item Description	Area used as temporary access. not yet sodded. Final grade and sod needed.
Request Vendor Proposal	No	
ISSUE DETAILS	9 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	34FM+22 Fussels Corner, FL, USA latitude: 28.072619595578008 altitude: 0.0 longitude: -81.86750203371048 [ viewMap ]
Action Item Picture	

Action Item Description	Pond bank erosion present. Repair erosion and resod bank. Silt fence still present along pond. Remove silt fence if no longer required.
Request Vendor Proposal	No	
ISSUE DETAILS	10 OF 10

Issue Details
Date / Time	Jul 21, 2022 11:16:00 AM EDT
GeoLocation	34FJ+6J Fussels Corner, FL, USA latitude: 28.072985242703734 altitude: 0.0
longitude: -81.86840660870075 [ viewMap ]
Action Item Picture

Action Item Description	Entry irrigation does not have power. Decoders not yet in place, appears some wiring work is still needed as well. Meter is set but power is shut off	

perhaps as other things are tied into it. Irrigation wiring will need completed. Some declining trees and one dead. Replace trees under warranty.
Request Vendor Proposal	No	

Section D

SECTION 1

Saddle Creek Preserve of Polk County
Community Development District
Summary of Invoices

July 15, 2022 to August 15, 2022

Fund	Date	Check No.'s	Amount	
General Fund	7/15/22		$	10,453.21	
	8/12/22		$	9,750.58	
Total			$	20,203.79	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/16/22	PAGE	1
*** CHECK DATES 07/15/2022 - 08/15/2022 ***	SADDLE CREEK PRESERVE - GF
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

7/15/22 00002	7/01/22	
	7/01/22	
	7/01/22	
	7/01/22	
	7/01/22	

41	202207 310-51300-34000	*	3,004.17
MANAGEMENT FEES - JUL 22
41	202207 310-51300-35200	*	100.00
WEBSITE ADMIN - JUL 22
41	202207 310-51300-35100	*	150.00
INFORMATION TECH - JUL 22
41	202207 310-51300-31300	*	625.00
DISSEMINATION SVCS-JUL 22
41	202207 310-51300-51000	*	.27
OFFICE SUPPLIES
7/01/22 41	202207 310-51300-42000	*	4.77
POSTAGE
7/01/22 41	202207 310-51300-49000	*	160.50
RENT MTG ROOM 5/2
GOVERNMENTAL MANAGEMENT SERVICES	4,044.71 000129
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/15/22 00022	7/06/22 3082	202206 310-51300-31500	*	675.50
GEN.COUNSEL/MTHLY MEETING
KE LAW GROUP, PLLC	675.50 000130
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/15/22 00023	7/01/22 6342	202207 320-53800-46200	*	4,633.00
LANDSCAPE MAINT - JUL 22
PRINCE & SONS INC.	4,633.00 000131
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/15/22 00028	7/01/22 6371B	202207 320-53800-46000	*	1,100.00 MTHLY LAKE MAINT - JUL 22
SITEX AQUATICS	1,100.00 000132
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/11/22 00002	8/01/22 42	202208 310-51300-34000	*	3,004.17
MANAGEMENT FEES - AUG 22
8/01/22 42	202208 310-51300-35200	*	100.00
WEBSITE ADMIN -	AUG 22
8/01/22 42	202208 310-51300-35100	*	150.00
INFORMATION TECH - AUG 22
8/01/22 42	202208 310-51300-31300	*	625.00
DISSEMINATION SVCS-AUG 22
8/01/22 42	202208 310-51300-42000	*	58.16
POSTAGE
8/01/22 42	202208 310-51300-49000	*	80.25
RENT MTG ROOM 5/4
GOVERNMENTAL MANAGEMENT SERVICES	4,017.58 000133
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/11/22 00023	8/01/22 6534	202208 320-53800-46200	*	4,633.00
LANDSCAPE MAINT - AUG 22
PRINCE & SONS INC.	4,633.00 000134
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
SCPP SAD CREEK PRES CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/16/22	PAGE	2
*** CHECK DATES 07/15/2022 - 08/15/2022 ***	SADDLE CREEK PRESERVE - GF
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/11/22 00028	8/01/22 6513B	202208 320-53800-46000	*	1,100.00 MTHLY LAKE MAINT - AUG 22
SITEX AQUATICS	1,100.00 000135
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	20,203.79
TOTAL FOR REGISTER	20,203.79

SCPP SAD CREEK PRES CWRIGHT

Section 2

Saddle Creek Preserve
Community Development District

Unaudited Financial Reporting
July 31, 2022

Table of Contents

1	Balance Sheet	

2-3	

General Fund	

4	

Series 2020 Debt Service Fund	

5	

Series 2022 Debt Service Fund	

6	

Series 2020 Capital Projects Fund	

7	

Series 2022 Capital Projects Fund	

8-9	

Month to Month	

10	
Assessment Receipt Schedule	

Combined Balance Sheet July 31, 2022

General
Fund

Debt Service
Fund

Capital Projects	Totals
Fund	Governmental Funds

Assets:
Cash:
Operating Account	$	140,732	$	-	$	-	$	140,732	
Capital Projects Account	$	-	$	-	$	2,223	$	2,223	
Series 2020			
Reserve	$	-	$	156,750	$	-	$	156,750	
Revenue	$	-	$	107,565	$	-	$	107,565	
Construction	$	-	$	-	$	2	$	2	
Series 2022			
Reserve	$	-	$	143,826	$	-	$	143,826	
Revenue	$	-	$	126,248	$	-	$	126,248	
Construction	$	-	$	-	$	1,839,514	$	1,839,514	
Due from Capital Projects	$	1,400	$	-	$	-	$	1,400	

Total Assets	$	142,132	$	534,389	$	1,841,738	$	2,518,260	

Liabilities:
Due to General Fund

$	-	$

-	$	1,400	$

1,400

Total Liabilities	$	(0)  $	-	$	1,400	$	1,400	

Fund Balances:
Restricted for:
Debt Service - Series 2020	$	-	$	264,315	$	-	$	264,315	
Debt Service - Series 2022	$	-	$	270,074	$	-	$	270,074	
Capital Projects - Series 2020	$	-	$	-	$	825	$	825	
Capital Projects - Series 2022	$	-	$	-	$	1,839,514	$	1,839,514	
Unassigned	$	142,132	$	-	$	-	$	142,132	

Total Fund Balances	$	142,132	$	534,389	$	1,840,338	$	2,516,860	

Total Liabilities & Fund Balance

$

142,132	$

534,389	$	1,841,738	$

2,518,260

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/22	Thru 07/31/22	Variance	

Revenues		
Assessments - Direct	$	173,600	$	173,600	$	173,600	$	-	
Developer Contributions	$	175,745	$	5,175	$	5,175	$	-	

Total Revenues	$	349,345	$	178,775	$	178,775	$	-	

Expenditures:		
General & Administrative:		
Supervisor Fees	$	7,200	$	6,000	$	4,400	$	1,600	
Engineer Fees	$	15,000	$	12,500	$	-	$	12,500	
Dissemination Fees	$	5,000	$	4,167	$	5,208	$	(1,042)	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	1,000	$	-	$	-	$	-	
Attorney Fees	$	25,000	$	20,833	$	11,218	$	9,615	
Audit Fees	$	2,900	$	4,900	$	4,900	$	-	
Trustee Fees	$	5,000	$	5,000	$	4,041	$	959	
Management Fees	$	36,050	$	30,042	$	30,042	$	(0)	
Information Technology	$	1,800	$	1,500	$	1,500	$	-	
Website Maintenance	$	1,200	$	1,000	$	1,000	$	-	
Telephone	$	250	$	208	$	-	$	208	
Postage & Delivery	$	500	$	417	$	153	$	264	
Insurance	$	5,500	$	5,500	$	5,175	$	325	
Printing & Binding	$	500	$	417	$	21	$	396	
Legal Advertising	$	10,000	$	8,333	$	1,246	$	7,088	
Other Current Charges	$	2,000	$	1,667	$	1,520	$	147	
Office Supplies	$	400	$	333	$	14	$	319	
Travel Per Diem	$	550	$	458	$	-	$	458	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	

Subtotal General & Administrative:	$	125,025	$	108,450	$	75,614	$	32,836	

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/22	Thru 07/31/22	Variance	

Operations and Maintenance		
Field Expenditures		
Property Insurance	$	5,000	$	5,000	$	-	$	5,000	
Field Management	$	15,000	$	12,500	$	-	$	12,500	
Landscape Maintenance	$	40,000	$	33,333	$	18,516	$	14,817	
Landscape Replacement	$	5,000	$	4,167	$	-	$	4,167	
Mitigation Monitoring	$	25,000	$	20,833	$	-	$	20,833	
Lake Maintenance	$	10,000	$	8,333	$	5,500	$	2,833	
Streetlights	$	12,600	$	10,500	$	14,564	$	(4,064)	
Electric	$	5,000	$	4,167	$	933	$	3,234	
Water & Sewer	$	5,000	$	4,167	$	-	$	4,167	
Sidewalk & Asphalt Maintenance	$	500	$	417	$	-	$	417	
Irrigation Repairs	$	2,500	$	2,083	$	-	$	2,083	
General Repairs & Maintenance	$	5,000	$	4,167	$	-	$	4,167	
Contingency	$	5,000	$	4,167	$	-	$	4,167	

Subtotal Field Expenditures	$	135,600	$	113,833	$	39,512	$	74,321	

Amenity Expenditures		
Amenity - Electric	$	14,400	$	12,000	$	-	$	12,000	
Amenity - Water	$	5,000	$	4,167	$	-	$	4,167	
Playground Lease	$	14,000	$	11,667	$	-	$	11,667	
Internet	$	3,000	$	2,500	$	-	$	2,500	
Pest Control	$	720	$	600	$	-	$	600	
Janitorial Service	$	5,400	$	4,500	$	-	$	4,500	
Security Services	$	15,000	$	12,500	$	-	$	12,500	
Pool Maintenance	$	16,200	$	13,500	$	-	$	13,500	
Amenity Repairs & Maintenance	$	5,000	$	4,167	$	-	$	4,167	
Contingency	$	5,000	$	4,167	$	-	$	4,167	

Subtotal Amenity Expenditures	$	83,720	$	69,767	$	-	$	69,767	

Total Expenditures	$	344,345	$	292,050	$	115,126	$	176,924	

Excess (Deficiency) of Revenues over Expenditures	$	5,000	$	63,649	

Other Financing Sources /(Uses)

Transfer In (Out)

$	(5,000)  $

-	$	-	$	-

Total Other Financing Sources/(Uses)	$	(5,000)	$	-	

Net Change in Fund Balance	$	-	$	63,649	

Fund Balance - Beginning	$	-	$	78,483	

Fund Balance - Ending	$	-	$	142,132	

3

Revenues		
Assessments - Direct	$	313,500	$	313,500	$	313,500	$	-	
Interest	$	-	$	-	$	317	$	317	

Total Revenues	$	313,500	$	313,500	$	313,817	$	317	

Expenditures:		
Interest Expense - 12/1	$	101,200	$	101,200	$	101,200	$	-	
Principal Expense - 6/1	$	110,000	$	110,000	$	110,000	$	-	
Interest Expense - 6/1	$	101,200	$	101,200	$	101,200	$	-	

Total Expenditures	$	312,400	$	312,400	$	312,400	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	1,100	$	1,417	

Fund Balance - Beginning	$	106,148	$	262,898	

Fund Balance - Ending	$	107,248	$	264,315	

Revenues		
Assessments - Direct	$	-	$	-	$	188,914	$	188,914	
Interest	$	-	$	-	$	191	$	191	

Total Revenues	$	-	$	-	$	189,105	$	189,105	

Expenditures:		
Interest Expense - 12/15	$	-	$	-	$	-	$	-	
Principal Expense - 6/15	$	-	$	-	$	-	$	-	
Interest Expense - 6/15	$	-	$	-	$	62,857	$	62,857	

Total Expenditures	$	-	$	-	$	62,857	$	62,857	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	126,248	$	126,248	

Other Financing Sources/(Uses)		
Bond Proceeds	$	-	$	-	$	143,826	$	143,826	

Total Other Financing Sources/(Uses)	$	-	$	-	$	143,826	$	143,826	

Net Change in Fund Balance	$	-	$	-	$	270,074	$	-	

Fund Balance - Beginning	$	-	$	-	$	-	$	-	

Fund Balance - Ending	$	-	$	-	$	270,074	$	-	

Revenues		
Developers Contribution	$	-	$	-	$	498,585	$	498,585	
Interest	$	-	$	-	$	2	$	2	
Total Revenues	$	-	$	-	$	498,588	$	498,588	

Expenditures:					
Capital Outlay	$	-	$	-	$	498,586	$	(498,586)	
Miscellaneous Expense	$	-	$	-	$	177	$	(177)	
Total Expenditures	$	-	$	-	$	498,764	$	(498,764)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(176)		
					
Fund Balance - Beginning	$	-	$	1,001		
					
Fund Balance - Ending	$	-	$	825		

Revenues					
Interest	$	-	$	-	$	2,157	$	2,157	
Total Revenues	$	-	$	-	$	2,157	$	2,157	

Expenditures:					
Capital Outlay	$	-	$	-	$	2,981,340	$	(2,981,340)	
Capital Outlay - Cost of Issuance	$	-	$	-	$	287,600	$	(287,600)	
Total Expenditures	$	-	$	-	$	3,268,940	$	(3,268,940)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(3,266,783)		

Other Financing Sources/(Uses)					
Bond Proceeds	$	-	$	-	$	5,011,174	$	5,011,174	
Bond Premium	$	-	$	-	$	95,123	$	95,123	
Total Other Financing Sources/(Uses)	$	-	$	-	$	5,106,297	$	5,106,297	
					
Net Change in Fund Balance	$	-	$	1,839,514		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	1,839,514		

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Revenues

Assessments - Direct	$	-  $	86,800  $	-  $	43,400  $	-  $	-  $	43,400  $	

-  $	

-  $	

-  $	

-  $		

-  $	173,600	
Developer Contributions	$	5,175  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $	5,175	
Total Revenues	$	5,175  $	86,800  $	-	$	43,400  $	-	$	-	$	43,400  $	-	$	-	$	-	$	-	$		-	$	178,775	

Expenditures:		
General & Administrative:		

Supervisor Fees	
$	-	
$	-	
$	800	
$	-	
$	1,800	
$	-	
$	800	
$	1,000	
$	-	
$	-	
$	-  $	-  $	4,400	
Engineer Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Dissemination Fees	$	417	$	417	$	417	$	417	$	417	$	625	$	625	$	625	$	625	$	625	$	-  $	-  $	5,208	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	5,000	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Attorney Fees	$	59	$	85	$	1,509	$	1,405	$	3,228	$	267	$	1,886	$	2,106	$	676	$	-	$	-  $	-  $	11,218	
Audit Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	4,900	$	-	$	-  $	-  $	4,900	
Trustee Fees	$	-	$	4,041	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	4,041	
Management Fees	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	3,004	$	-  $	-  $	30,042	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	1,500	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	1,000	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Postage & Delivery	$	5	$	24	$	1	$	33	$	25	$	6	$	36	$	3	$	16	$	5	$	-  $	-  $	153	
Insurance	$	5,175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	5,175	
Printing & Binding	$	-	$	-	$	-	$	8	$	6	$	7	$	-	$	-	$	-	$	-	$	-  $	-  $	21	
Legal Advertising	$	-	$	-	$	287	$	283	$	676	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	1,246	
Other Current Charges	$	31	$	35	$	38	$	38	$	38	$	623	$	39	$	359	$	39	$	199	$	-  $	-  $	1,440	
Office Supplies	$	0	$	-	$	0	$	3	$	3	$	3	$	0	$	3	$	3	$	0	$	-  $	-  $	14	
Travel Per Diem	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	175	
Subtotal General & Administrative:	$	14,116	$	7,855	$	6,306	$	5,439	$	9,447	$	4,785	$	6,640	$	7,350	$	9,512	$	4,083	$	-  $	-  $	75,533	

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Operations and Maintenance												
Field Expenditures
Property Insurance	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-  $	-  $	-	
Field Management	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Landscape Maintenance	$	-	$	2,150	$	-	$	2,150	$	-	$	-	$	1,650	$	1,650	$	6,283	$	4,633	$	-  $	-  $	18,516	
Landscape Replacement	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Mitigation Monitoring	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Lake Maintenance	$	-	$	-	$	-	$	-	$	-	$	1,100	$	1,100	$	1,100	$	1,100	$	1,100	$	-  $	-  $	5,500	
Streetlights	$	-	$	-	$	-	$	-	$	-	$	-	$	9,473	$	1,697	$	1,697	$	1,697	$	-  $	-  $	14,564	
Electric	$	153	$	-	$	-	$	306	$	-	$	67	$	71	$	66	$	212	$	59	$	-  $	-  $	933	
Water & Sewer	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Subtotal Field Expenditures	$	153	$	2,150	$	-	$	2,456	$	-	$	1,167	$	12,294	$	4,513	$	9,292	$	7,489	$	-  $	-  $	39,512	

Amenity Expenditures
Amenity - Electric	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-  $	-  $	-	
Amenity - Water	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Playground Lease	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Internet	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Pest Control	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Janitorial Service	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Security Services	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Pool Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Amenity Repairs & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Subtotal Amenity Expenditures	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
												
Total Expenditures	$	14,269	$	10,005	$	6,306	$	7,895	$	9,447	$	5,952	$	18,934	$	11,863	$	18,803	$	11,572	$	-  $	-  $	115,046	
												
Excess (Deficiency) of Revenues over Expenditures	$	(9,094)	$	76,795	$	(6,306)	$	35,505	$	(9,447)	$	(5,952)	$	24,466	$	(11,863)	$	(18,803)	$	(11,572)	$	-	$	-	$	63,729	

Other Financing Sources/(Uses)												
Transfer In/(Out)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Net Change in Fund Balance	$	(9,094)	$	76,795	$	(6,306)	$	35,505	$	(9,447)	$	(5,952)	$	24,466	$	(11,863)	$	(18,803)	$	(11,572)	$	-  $	-  $	63,729	

Saddle Creek Preserve of Polk County
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2022
DIRECT BILL ASSESSMENTS

Lennar Homes			
Total	
$487,100.00	
$173,600.00	
$313,500.00	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations and
Maintenance	Series 2020
Debt	
11/17/21	12/1/21	1710797	$243,550.00	$243,550.00	$86,800.00	$156,750.00	
1/25/22	2/1/22	1742224	$121,775.00	$121,775.00	$43,400.00	$78,375.00	
4/19/22	5/1/22	1791014	$121,775.00	$121,775.00	$43,400.00	$78,375.00	
			$487,100.00	$487,100.00	$173,600.00	$313,500.00	

Lennar Homes			
Total	
$283,370.52	
$283,370.52	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Series 2022
Debt	
4/1/22	4/1/22	1786058	$94,456.84	$94,456.84	$94,456.84	
7/1/22	7/1/22	1829853	$94,456.84	$94,456.84	$94,456.84	
	10/1/22		$94,456.84			
			$283,370.52	$188,913.68	$188,913.68	

Section 3

3K..4.5.:.'.L'--••"-''AH-••.·;;.,.-co;n. tr •.
WmterHavm,,F'L33S&l cPhouerS@400"iW>2 FQi; 8li :Zt 1®1
\'\W}!,	'

To: Address:	i	I Iii''M1iiat	ilees	s c,.d le.- Cree'-(lu
3	HlW   , I	;w,	fr, erve.  -sP P0
.$ii!	1raeG?.	Co=½  CPP	Contact:
Phone: Fax:	Scott Shapiro	
Project Name:	Saddle Creek Subdivision - Phase 2 - COR#002	Bid Number:	22-54	
Project Location:	Auburndale, FL	Bid Date:	3/15/2022	
Addendum#:	COR-002			
The cost associated with this change order are for additional concrete scope.
I item Description	Estimated Quantity Unit	Unit Price	Total Price I
GENERAL CONDITIONS

Warranty Bond
Payment And Performance Bond

PAVING

1.00 LS	$42.23	$42.23
1.00 LS	$566.64	$566.64
Total Price for above GENERAL CONDITIONS Items:	$608.87
=	==:a=

'

Form, Place, And Finish 25 LF Of Sidewalk. Indudes Closed Inlet Flume In
Sidewalk And 3' Flume To ROW

1.00 LS	$15,214.32	$15,214.32

Total Price for above PAVING Items:	$15,214.32
======='a:"""===

Notes:
*** ALL BASE BID CLARIFICATIONS, NOTES, AND EXCLUSIONS APPLY.

Total Bid Price:	$15,B23.19
===========

Authorized Signature:
Estimator:	Kyle Allen
863-299-2262 kallen@tuckerpavin .com

CONFIRMED:
Tucker Paving, Inc.

ACCEPTED:
The above prices, specifications and conditions are satisfactory
and hereby ace pted.
Buyer: _JjLf!J <'.,::s;:::::·== > <cl:)_l '.' ::'.f :_:-::tt:Ir: :o:	
-	'(,JV.,
Date of Acceptance: ===.::l.,,,L./-'-'(r,,""-/ ,Z-=.2.-..s.."----

3/15/2022 7:58:27 AM	Page 1 of 1

TUCKER

3545 Lakr Alfred Road Winter Haven, FL 33881 Phone: 863-299-2262
Fax: 863-294-1007
www.tucke1·paving.rom

To:	l!GWdN()il MC 	•id 3	Sacldk Crte 4 frflHt" i.G-
Address:	....'leBP.!lliiiiiMl1u; s ·1esm	c.,...-•	{)e,z%rw> !/.'"' I-
lilffll 1	lill6	2./ 'Lfi_ t-'"':;J  <t-,..ig-'JT	Contact: Phone:
Fax:	Scott Shapiro		
Project Name:	Saddle Creek SUbdivlslon - OFFSJTE FORCEMAIN EXTENSION Project Location:	 Auburndale, FL	Bid Number:
Bid Date:	22-511
7/6/2022		
Item Descriotion	Estimated Ouantitv Unit	Unit Price	Total Price	
GENERAL CONDITIONS
Mobilization	1.00 LS	$643.26	$643.26	
Maintenance Of Traffic	1.00 LS	$47,907.52	$47,907.52	
Type Ill Silt Fence	2,100.00 LF	$1.58	$3,318.00	
construction Layout & As-Builts	1.00 LS	$9,405.80	$9,405.80	
Total Price for above GENERAL CONDITIONS Items:==========$=61=,2=7=4.=5=8

FORCEMAIN EXTENSION		
8" DR18 Force Main Green Pipe	1,840.00 LF	$73.47	$135,184.80	
s• Directional Bore	200.00 LF	$107.39	$21,478.00	
8'' MJ 45 Bend P-401 Lined	4.00 EACH	$1,634.93	$6,539.72	
8" MJ Long Sleeve P-401 Lined	6.00 EACH	$1,742.47	$10,454.82	
8" MJ Gate Valve W/BoX/Tag	4.00 EACH	$3,172.32	$12,689.28	
Pressure Testing - Force Main	1.00 LS	$3,167.53	$3,167.53	
Remove & Replace 4" Sldewalk For Pipe Installation (SO SF)	1.00 LS	$4,367.20	$4,367.20	
Bahia Sod - Disturbed Area	4,667.00 SY	$3.96	$18,481.32	
Total Price for above FORCEMAIN EXTENSION Items:--=-====$=21=2=,3=62=.6=7

Total Bid Price:	$273,637.25

Notes:
*** MATERIAL PRICES ARE VOLITAILE. PRICES MAY VARY DUE TO START DATE OF PROJECT.
Not Included in Proposal:

Permit/Permit Fees Soil Testing Littoral Plantings
Landscaping &Irrigation
Tree Protection/Pruning/Relocation
Retaining Walls, Footers, And Excavation/Backfill Of Footers Fence Relocation/Installation
Asbestos Removal Installatlon/Re)ocallon/Repair Of Fence/Gates
Relocation/Removal/Repair Of Existing Or Unknown Utilities Relocation/Removal/Repair Of Power Poles Or Guy Wires Excavation/Backfill Of Building Foundation And/Or Footers Removal Of Muck/Contaminated/Unsuitable Solis Or Materials Over Excavation
Project Identification Sign Materials/Work/Servicesnot indicated or listed.

'"P,0.	;--4'-I	(
8 .. /(,9--il

-

TUCKER

3545 Lake Alfred Road Winter Havt-n, FL 33881 Phont>: 863-299-2262
Fnx: 863-294-1007
www.tuckerpaving.com

;:;----, rf-.+----::--,-------'"-"------:-----:----

Buyer:  Ci

The ab e prices, specifications and conditions are satisfactory and he by accepted.

To:	  t:ernh 1h11111!!Sl11""1t St!l'lllces  s.At c tt. frtjt,(,/C.,
Address:	idl!II _II 	ij 	II! 6'71	( 6 IMV'\	(k / +D.i1t.c;
I :	Hlli>	Contact:	Scott Shapiro Phone:
Fax:	
Project Name:	Saddle 0-eek subdivision - OFFSITEFORCEMAIN EXTENSION
Project Location:	Auburndale, FL	Bid Number:  22-511
Bid Date:	7/6/2022	

863 299-2262 rlck@tucker avin .com

Authorized Signature: ------------

Estimator:	Rick Allen

CONFIRMED:
Tucker Paving, Inc.

;,	_

.,::c

f-c/rc-o

,

--J "'--	:::;--,		:;_ =..,.	

Date of Acceptance_:	 ?-/ {/I - ti i

SIgnature: