Falcon Trace Community Development District

Agenda May 16, 2018

AGENDA

Falcon Trace
Community Development District
135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524 - Fax: 407-839-1526

May 11, 2018
Board of Supervisors
Falcon Trace Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of Falcon Trace Community Development District will be held Wednesday, May 16, 2018 at 6:00 PM at the Big Hawk Lake Recreation Center, 13600 Big Hawk Lake Drive, Orlando, Florida. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of the Minutes of the March 21, 2018 Meeting
Ratification of Pool Maintenance Agreement with Roberts Pool Service and Repair, Inc.
Consideration of Resolution 2018-01 Approving the Proposed Budget for Fiscal Year 2019 and Setting a Public Hearing
Staff Reports
Attorney
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Number of Registered Voters -1,868
Presentation of Qualifying Information and Dates
Field Manager's Report
Supervisor's Requests
Adjournment
The second order of business of the Board of Supervisors meeting is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.
The third order of business is the approval of the minutes from the March 21, 2018 meeting. The minutes are enclosed for your review.
The fourth order of business is the ratification of pool maintenance agreement with Roberts Pool Service and Repair, Inc. A copy of the agreement is enclosed for your review.
The fifth order of business is the consideration of Resolution 2018-01 approving the proposed budget for Fiscal Year 2019. Once approved, the proposed budget will be transmitted to the governing authorities at least 60 days prior to the final budget hearing. A copy of the Resolution and proposed budget are enclosed for your review.

Section B of the sixth order of business is the District Manager's Report. Section 1 includes the check register being submitted for approval and Section 2 includes the balance sheet and income statement for your review. Section 3 is the presentation of number of registered voters within the boundaries of the District. A copy of the letter from the Orange County Supervisor of Elections is enclosed for your review. Section 4 is the presentation of the qualifying information and dates. A copy of the information is enclosed for your review. Section 5 is the Field Manager's Report, which will be presented at the meeting.

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please do not hesitate to contact me.

Jason M. Showe District Manager

CC:	Mike Eckert, District Counsel Lindsay Whelan, District Counsel Darrin Mossing, GMS

Enclosures

MINUTES

MINUTES OF MEETING FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Falcon Trace Community Development District was held Wednesday, March 21, 2018 at 6:00 p.m. at the Big Hawk Lake Recreational Center, 13600 Hawk Lake Drive, Orlando, Florida.

Present and constituting a quorum were: Sara Hurst
Carole Miller
Kathy Stark
Sue Marchesi Baron Felix Kutlik
Also Present were:
Jason Showe Michelle Kim Alan Scheerer

FIRST ORDER OF BUSINESS

Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary Assistant Secretary

District Manager
District Counsel by phone Field Operations

Roll Call

Mr. Showe called the meeting to order at 6:00 p.m. and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the January 17,
2018 Meeting
Ms. Miller stated there is an incorrect date on the last page indicating the next meeting is March 31, 2018.

On MOTION by Ms. Hurst seconded by Ms. Stark with all in favor the minutes of the January 17, 2018 meeting were approved as amended.

March 21, 2018	Falcon Trace CDD

FOURTH ORDER OF BUSINESS	Review and Acceptance of Fiscal Year 2017
Audit Report
Mr. Showe stated next is review and acceptance of the Fiscal Year 2017 audit report. The letter to management is on the last page and is a summary of the report. There are no current year findings, no prior year findings and all the statutory compliance items they are required to look at we are in compliance with and it is a clean audit.

On MOTION by Ms. Miller seconded by Ms. Hurst with all in favor the Fiscal Year 2017 audit was accepted and staff authorized to transmit the final report to the State of Florida.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Manager
Approval of Check Register

On MOTION by Ms. Stark seconded by Ms. Hurst with all in favor the check register in the amount of $103,984.61 was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager's Report
Mr. Scheerer stated staff is working to get the pool ready for pool season. We are open this week because of spring break then we will go back to the normal schedule until we get to the seven days a week schedule. We are going to change the pool cleaning provider May 1st and we will give the current provider 30 days' notice on April 1st and make the switch in May.

SIXTH ORDER OF BUSINESS	Supervisor's Requests
Ms. Stark asked what material are we looking at to replace our awning?

2

March21,2018	Falcon Trace CDD

Mr. Scheerer stated the awning will be the same vinyl fabric that was up there but it looks like it is rough cut cedar and 4x12, we could go with something different but I don't think it was designed to handle anything less than 4xl2.
Ms. Stark asked if we went with something that is not a natural material would it last longer, would it be better for us?
Mr. Scheerer stated the vendor we are using recommends we go back to the 4x12 pressure treated wood opposed to the rough cut cedar and it should give us a lot longer lifespan because it is pressure treated wood.

SEVENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Baron seconded by Ms. Stark with all in favor the meeting adjourned at 6:44 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

3

SECTION IV

PROPOSAL AND ACCEPTANCE

ROBERTS POOL SERVICE
and REPAIR, Inc.
19315 Lake Pickett Road, Orlando, FL 32820 Office: (407) 568-1074 Cell: Pat( 407) 948-6063
JP 948-5810 Susan 948-9357	CPC - 041419
Proposal submitted to:	Alan Scheer	

339571
4/23/18

Work to be performed at: --Sa-me-

Name Street City

Falcon Trace	Star t  Date :  May 15, 2018	                    13600 Hawk Lake Dr.	         		                                                                                                             Orlando Fl 32837	EMAIL:

Phone  407 398-2890	a�cheerer@gmscfl.com
We hereby submit specifications and estimates for:
COMMERCIAL POOL MAINTENANCE
Balance water chemicals
Cleaning filters
Brush pool as needed
Vacuum pool as needed
Cleaning tile
Adjusting water level
Clean and maintain pump room
Maintain log sheets for inspections This proposal includes :	._1_ Pool
We propose to furnish labor
Complete in accordance with above specifications for the sum of_��'-'-=-"""-'= for l day a week maintenance.
With payment to be made as follows:

.,_.,._.

All billings to be submitted on the 15 th of each month of service and be due at Net 1 O days.
 	Pat"vlci,cvC.  B�	
Note: This proposal may be withdrawn by us if not accepted within_ days.

This contract is ongoing and requires a 30 day cancellation notice by either party to terminate. Robert's Pool Service agrees to respond to emergency calls as necessary.
No visits will be made on public holidays in effort to allow our employees to enjoy these
family days. If your pool is missed on one of these days, extraordinary effort will be taken on the previous visit to assure that the pool will remain in good condition during the extended period.

Acceptance of Proposal
The above prices, specifications and conditions are satisfactory and hereby accepted. You are authorized to do the work as specified. Payment will be made as outlined above.
Authorized Signature	 	
Date of Acceptance: ___ 	
Serving Central Florida since 7 977

SECTION V

RESOLUTION 2018-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2018/2019 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors ("Board") of the Falcon Trace Community Development District ("District") prior to June 15, 2018, a proposed budget ("Proposed Budget") for the fiscal year beginning October 1,  201 8 and ending September  30,  2019  ("Fiscal Year 2018/2019"); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2018/2019 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE: HOUR: LOCATION:

August 15, 2018 6:00p.m.
Big Hawk Lake Rec Center 13600Hawk Lake Drive Orlando, FL 328 37

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Orange County at least 60days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 18 9.016, Florida Statutes, the District's Secretary is further directed to post the approved Proposed Budget on the District's website at least two days before the budget hearing date as set forth in Section  2, and shall remain on the website for at least 45 days.

1

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 16th DAY OF MAY, 2018.

ATTEST:

Secretary

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT

By:-----------
1ts:------------

2

•

Falcon Trace
Community Development District Proposed Budget
FY2019

w.na,-.nc��s...ice.§,

Table of Contents

1

2-5

6

7

8

General Fund General Fund Narrative Capital Reserve Fund
Debt Service Fund - Series 2007 Amortization Schedule - Series 2007

REVENUES:

Falcon Trace
Communil)'. Develoement District
General Fund Budget
Fiscal Year 2019
ADOPTED	ACTUAL		NEXT	PROJECTED	PROPOSED BUDGET		THRO			5			THRO		BUDGET FY2018	4/30/18	MONTHS		9/30/18		FY2019

Maintenance Assessments	$355,855	$354,091	$2,642	$356,733	$355,855

$67

Miscellaneous Income	$1,000	$855	$1,500	$2,355	$2,000
Interest Income	$0	$50	$117	$0
TOTAL REVENUES	 	$356.85S	$355,013	$4,192	$3S9.205	$357.855 EXPENDITURES:
Administrative:

$459

Supervisors Fees	$8,000	$3,000	$3,000	$6,000	$8,000
FICA Expense	$612	$230	$230	$612
Engineering Fees	$5,000	$0	$0	$0	$1,000
Dissemination	$1,000	$583	$417	$1,000	$1,000
Assessment Roll	$5,000	$5,000	$0	$5,000	$5,000
Arbitrage Rebate	$600	$0	$600	$600	$600
Attorney Fees	$15,000	$5,949	$6,000	$11,949	$15,000
Annual Audit	$3,400	$3,100	$0	$3,100	$3,200
Trustee Fees	$4,400	$0	$4,337	$4,337	$4,450
Management Fees	$50,112	$29,232	$20,880	$50,112	$51,615
Infonnation Technology	$1,450	$846	$604	$1,450	$1,450
Telephone	$100	$0	$0	$0	$50
Postage	$1,000	$82	$100	$182	$500
Printing and Binding	$1,500	$132	$300	$432	$800
Insurance	$11,200	$10,654	$0	$10,654	$11,800
Legal Advertising	$2,500	$411	$1,275	$1,686	$2,500
Contingency	$1,200	$586	$520	$1,106	$1,200

$43

Property Appraiser	$1,000	$902	$0	$902	$1,000

$175

Office Supplies	$800	$62	$105	$500
Dues, Licenses, & Subscriptions	$175	$0	$175	$175
TOTAL ADMINISTRATIVE	$114.049	$60,943	$38,306	S99J49	$110,452
Maintenance:
Field Management	$18,780	$10,955	$7,825	$18,780	$19,343
Property Insurance	$6,870	$6,245	$0	$6,245	$6,870
Pool StaffPayroll	$76,000	$25,728	$45,800	$71,528	$76,000
Security	$1,070	$1,031	$420	$1,450	$1,500
Telephone Expense	$2,000	$1,068	$810	$1,878	$2,200
Electric	$18,900	$9,336	$7,250	$16,586	$18,900
Irrigation/Water	$13,500	$4,902	$�,000	$9,902	$13,500
Lake Maintenance	$8,600	$2,700	$3,200	$5,900	$8,600
Pest Control	$650	$0	$650	$650	$650
Pool Maintenance	$32,000	$13,919	$10,500	$24,419	$27,020
Grounds Maintenance	$33,000	$16,603	$11,278	$27,881	$33,000
General Facility Maintenance	$10,000	$3,791	$5,000	$8,791	$10,000
Refuse Service	$4,080	$2,381	$1,955	$4,336	$4,800
Field Contingency	$5,000	$350	$0	$350	$5,000
Transfer Out - Current Year	$12,356	$12,356	$0	$12,356	$20,019
TOTAL MAINTENANCE	$242,806	$111,364 	$99.688	$211,051	$247,403
TOTAL EXPENDITURES	5356,855	$172,307		$137,993	$310,300	$357,85S EXCESS REVENUES (EXPENDITURES)		so	$182,706	!5133,801!		$48,905		so
NetAssessments	$355,855 Add: Discounts & Collections 		$22.714 Gross Assessments	$378.569
Total Units	902
Per UnitAssessment	$	419.70

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

REVENUES:
MAINTENANCE ASSESSMENTS
The District will levy a Non-Ad Valorem assessment on all of the assessable property within the District in order to pay forthe operating expenditures during the fiscal year.

MISCELLANEOUS INCOME
The District will receive income fromguest fees, including rental income and pool access cards.

EXPENDITURES:
ADMINISTRA TIVE:
SUPERVISORS FEES
The Florida Statutes allows each supervisor to be paid per meeting, for the time devoted to District business and board meetings. The amount for the fiscal year is based upon 5 supervisors attending 8 monthly meetings.

FICA EXPENSE
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

ENGINEERING FEES
Estimated cost for providing general engineering services to the District on an as needed basis as directed by the Board of Supervisors.

DISSEMINATION
The District is required by the Security and Exchange Commission to comply with Rule 1 5c2-12(b) (5) which relates to additional reporting requirements for unrated bond issues. The District's hired Governmental Management Services - Central Florida, LLC. to provide this service.

ASSESSMENT ROLL
The District has contracted with Governmental Management Services - Central Florida, LLC. to levy and administer the collection ofa Non-Ad Valorem assessment on all assessable property within the District.

ARBITRAGE REBATE
The District had contracted with Grau & Associates, to annually calculate the District's Arbitrage Rebate Liability on the Series 2007 Speciai Assessment Bonds

ATTORNEY FEES
The District's attorney will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing contracts, agreements, resolutions, etc. The District's legal firm is Hopping, Green & Sams.

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's auditing firm is Grau & Associates.
TRUSTEE FEES
The District issued Series 2007 Special Assessment Bonds that are deposited with a Trustee at US Bank.

2

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

MANAGEMENT FEES
The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

INFORMATION TECHNOLOGY
The District incurs costs related to the District's accounting and information systems, website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

TELEPHONE
The District incurs charges for telephone and facsimile services.

POSTAGE
Mailing of Board meeting agenda packages, overnight deliveries, checks for vendors and any other required correspondence.

PRINTING AND BINDING
Printing and binding agenda packages for board meetings, printing of computerized checks, correspondence, stationary, etc.
INSURANCE
The District's general liability and public officials liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

LEGAL ADVERTISING
Advertising of monthly board meetings, public hearings, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required.
CONTINGENCY
Represents estimated bank charges and any other miscellaneous charges that the District may incur during the fiscal year.

PROPERTY APPRAISER
Represents the fees to be paid to the Orange County Property Appraiser's office for assessment administration services.

OFFICE SUPPLIES
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such office supplies.

DUES, LICENSES, & SUBSCRIPTIONS
The District is required to pay an annual fee to the Department of Economic Opportunities for $175. This is the only expense under this category for the District.

MAINTENANCE:
FIELD MANAGEMENT
Provide onsite field management of contracts for the District per the management consulting contract with Governmental Management Services - Central Florida, LLC. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

3

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

PROPERTY INSURANCE
The District's property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
POOL STAFF PAYROLL
The District has contracted with Governmental Management Services - Central Florida, LLC. to hire and supervise pool attendants; coordinate all facility operations and be the contact point for answering questions and solving problems for residents. Account line includes staff hours for the fiscal year, all related benefits, and a contingency for projects and a pay increase.
SECURITY
This represents the cost ofmonthly monitoring of the security system to the recreation center.

SAFETOUCH CONTINGENCY

DESCRIPTION

MONTHLY AMOUNT
$84

ANNUAL AMOUNT
$1,007
 	$493 
$1,500

TELEPHONE EXPENSE
This fee represents telephone and facsimile charges for the recreational facility.

MONTHLY
DESCRIPTION	AMOUNT
BRIGHTHOUSE - ACCOUNT # 0050710061-01	$162 CONTINGENCY	ANNUAL AMOUNT
$1,944
$256	
$2,200	
ELECTRIC
The District has electrical accounts with Duke Energy for the recreation facilityand other District areas.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT DUKE ENERGY - ACCOUNT # 63686 18371		$1,575		$18,900
$18,900

IRRIGATION/WATER
This item represents utility service costs for water and wastewater.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT ORANGE COUNTY UTILITIES - ACCOUNT # 0038166200		$1,125		$13,500
 	$13,500 

4

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET

LAKE MAINTENANCE
Maintenance consists of treatment ofthe lake edge on the pond area by the recreation center. Costs are based on estimated service costs.

DESCRIPTION	MONTHLY
AMOUNT	ANNUAL AMOUNT	
AQUATIC WEED MANAGEMENT	$300	$3,600	
ADDITIONAL TREATMENTS		$5,000	
		$8,600	

PEST CONTROL
Scheduled maintenance consists ofmonthly interior and exterior service at Big Hawk Lake recreation center.

POOL MAINTENANCE
Scheduled maintenance consists of maintaining the pool, maintaining the chlorine balance in the pool, and monthly purchase of a CO2 tank. Unscheduled maintenance consists of shocking the pool, extra chlorine treatments, or unforeseen repairs.

	MONTHLY	ANNUAL AMOUNT
$7,200
$12,000
$7,820	
DESCRIPTION	AMOUNT		
ROBERTS POOL SERVICE AND REPAIR INC	$600		
POOL MAINTENANCE			
CONTINGENCY			
		$27,020	

GROUNDS MAINTENANCE
Scheduled maintenance consists of mowing turf, landscape maintenance, trash pickup on the common areas, and all regular landscaping maintenance activities. Unscheduled maintenance consists ofrepairs or replacement of damaged areas.

DESCRIPTION	MONTHLY
AMOUNT	ANNUAL AMOUNT	
REW LANDSCAPE CORP	$2,256	$27,067	
IRRIGATION REPAIRS		$1,500	
CONTINGENCY		 	$4,433 
$33,000	

GENERAL FACILITY MAINTENANCE
Scheduled maintenance consists of cleaning the recreation center, replacing light bulbs for the tennis courts, performing any necessary general maintenance, painting, electrical and plumbing repairs, and repairing any other damages.

REFUSE SERVICE
Scheduled maintenance consists ofregular trash removal.

FIELD CONTINGENCY
The current year contingency represents the potential excess of unscheduled maintenance expenses not included in budget categories or not anticipated in specific line items.

TRANSFER OUT
Excess funds transfer out to Capital Projects fund.

5

Falcon Trace
Communi!l: Develo�ment District
Capital Reserve Fund

BUDGET FY 2019

THRU 9/30/18

5
MONms

Fiscal Year 2019 

ADOPTED	ACTUAL BUDGET		THRU
FY 2018	04/30/18

NEXT	PROJECTED PROPOSED

REVENUES:		
Transfer In	$14,382	$12,356	$0	$12,356	$20,019	
Interest	$150	$103	$50	$153	$150	
Beginning Fund Balance	$268,943	$276,499	$0	$276,499	$258,897	
TOTAL REVENUES	 	$283,475	$288,958 	$50	$289 008	$279,067

EXPENDITURES:		
Pool Furniture	$1 0,000	$0	$5,000	$5,000	$10,000	
Building Renovations	$20,000	$0	$10,000	$10,000	$25,000	
Awning	$0	$0	$15,080	$15,080	$0	

Transfer Out	$31	$0	$31	$0
TOTAL EXPENDITURES	 		$30,000		$31		$30,080 		$30,111		$35,000 EXCESS REVENUES		$253,475	$288,927	($301030)	$258,897	$244,067

6

Falcon Trace
Communitv Develo ment District
Debt Service Fund Series 2007

PROJECTED PROPOSED

NEXT

Fiscal Year 2019

ADOPTED	ACTUAL BUDGET		THRO
FY 2018	04/30/18

s
MONTHS

THRU	BUDGET
9/30/18	FY 2019

REVENUES:

Beginning Fund Balance	$237,261	$237,296	$0	$237,296	$230,736	
TOTAL REVENUES	$651,222	$649,350	$3,361	$652,711		$644,696	
EXPENDITURES:				
Interest - 11/1	$25,988	$25,988	$0	$25,988	$1 7,663	
Principal - 5/1	$370,000	$0	$370,000	$370,000	$385,000	
Interest - 5/1	$25,988	$0	$25,988	$25,988	$17,663	
TOTAL EXPENDITURES	$421,975	$25,988	$3951988	$421,975	   $420,325	
EXCESS REVENUES	$2291247	$623,363	($392,627)	$2302736	$224,371	
	11/01/19	$9,000	
	Net Assessments	$413,660	
	Add: Discounts & Collections	$26,404	
	Gross Assessments	$440,064	
	Total Units	900	
	Per Unit Assessment	$	488.96	

Assessments - On Roll Interest Income Transfer In

$413,660
$300
$0

$411 ,609
$415 
$31

$3,071

$23

$267

$414,680	$413,660
$682	$300
$53	$0

7

FALCON TRACE
Communi Develo ment District SERIES 2007 SPECIAL ASSESSMENTS BONDS
DEBT SERVICE SCHEDULE

AMORTIZATION SCHEDULE

DATE	BALANCE	 RATE	PRINCIPAL	INTEREST	TOTAL	

11/01/18	$785,000.00	4.500%	$0.00	$17,662.50	$413,650.00	
05/01/19	$785 000.00	4.500%	$385,000.00	$17,662.50		
11 /01/19	$400,000.00	4.500%	$0.00	$9,000.00	$411 ,662.50	
05/01/20	$400,000.00	4.500%	$400,000.00	$9,000.00	$409,000.00	
			$7851000.00	$53J25.00	$1.234Jl2.50 I	

B

SECTION VI

SECTION B

SECTION 1

Falcon Trace
Community Development District
Check Register Summary
March 14, 2018 to May 10, 2018

Fund	Date	Check No.'s	Amount	
General Fund	3/15/18	3690	$	2,255.60	
	3/19/18 
3/20/18
3/22/18 
3/26 / 18	3691
3692
3693-3694
3695	$	27.75
$	19,338.91
$	248.75
$	5,304.08	
3/29 /18	3696	$	599.50	
4/5/18	3697	$	6,003.70	
4/10/18 	3698-3700	$	1,096.25	
4/12/ 18	3701-3703	$	2,610.60	
4/ 17/ 18	3704	$	15,934.26	
4/18/18 	3705-3706	$	12,439.90	
4/25/18 	3707	$	6,171.45	
4/27/18	3708-3712	$	3,256.51	
5/9/18 	3713-3714	$	12,079.21	
		$	87,366.47	

Payroll

March 2018
Carole Miller	50289
Felix Kutlik	50290
Kathy Stark	50291
Sara Hurst	50292
Susan Baron	50293

$	184.70
$	184.70
$	184.70
$	184.70
$	184.70

$	923.50

$	88,289.97 j

BANK A FALCON TRACE CDD

A*P* *3 0C0RHECK  DATES   03/14/2018   -   05/10/201Y8EA* *R*-TO-DATEFALCCONUNTTRSAPCAEYCADBDLE-GPERNEEPRAAILD/CFOUMNPDUTER  CHECK  REGISTER	RUN	5/10/18	PAGE	1

CHDAECTEK    VEND#	. • D. A. T• EINVOIINCEVO. I. C. E. .    . Y. R. MEOXPENDPSTEDATCOCT. #. . SUB	SUBCLASS

VENDOR NAME

STATUS

AMOUNT

AM. . O. U• NCTHECK . . . . . 

3/15/18 00071 

3/19/18 00027 

3/20/18 00054 

3/01/18   7M2T3H8L0Y6  POO2L0 1L8A0N3DS3C2A0P-5M3A8R0 01 8-47500 
- - - - -  - -  -  -  -  - - - - - - - -RE-W  LANDSCAPE  CORP 3/16/18   4E5M1AIL  SER2 V0 1IC8E0S3   310 -51300-49100 
GOVERNMENTAL MANAGEMENT SERVICES
3/19/18   0F3Y1 91 280D1E8BT20A1 8S0SE3 SS3M0E0N-T2-0270 0 7-10000 

*	2, 255 . 60
- - - - - -  - - - -
*	27 .75 
- - -  -  - - - -  - -
*	19,338.9 1

#

2,2 55 .6 0 003690 

27 .75 003691 

3/22/18 00022 

FALCON TRACE CDD C/0 US BANK
3/ 09/18   3 31 8 3154G5  SUL2F0U1R8 0IC3  A3C2 0ID-53800-47400 

-  - -  - - -  -  -  -  - -1 9-,3-3 8-.9 -1   003692 
*	164. 85

3/22/18 00090 

3/26/18 00027 

-  - - -  - - -  - - -  -  -  - -  - - - -SP-IES  POOL ,   LLC 3/12/18   8S5E3C5U0R9 I8TY2M0O1 N8 0IT3OR3 I0N0G- 1A5P5R0 018-10000 
-  -  - -  -  -  - -  - - -  -  - -  -  -  - -SA-FE  TOUCH  SECURITY  SYSTEMS
3/20/18   4 P5O4OL  ATTE2N0D1A8 N0 T3 S 3-2 0M-A5R3 8IS00-12200 

- - - - - - - - - -
*	83 .9 0
- - - - - - - - - -
*	5, 304 . 08

164 .85 003693 

83 . 90 003694 

3/29/18 00015 

4/05/18 00027 

- - -  -  - - -  -  - - -  -  - -  -  - - -GO-VERNMENTAL  MANAGEMENT  SERVICES 3/26/18 99193	20 1802 310-51300-31500 

- - - - - - - - - - - - - - -

- - - -  AUDIT/RE  TAX  EXEMPTION	HOPPING GREEN & SAMS
4/ 02/18   4M5A2NAGEMEN2 T01F8E0E4 S 3A1P0R-1581300-34000 
4/02/18   4 5IN2 FO  TECH2N0O1L8O0G4 Y3A1 P0R- 51 81300-3 5100 
4/02/18   4 D5 2ISSEMINA2 T0I1O8N04FE3E1 0A-P5R1 31 08 0-3 1400
4/02 /18   4 O5 F2 FICE  SU2P0P1 L8 0IE4 S310-51300-51000 

-  - - -  -  - -  - - -  -5 -, 3 -04 -. 0 -8   003695 
*	599 .50
-  -  -  -  -  - - -  - - - -5 9-9 -. 5-0   003696 
*	4, 176 . 00
*	120 .8 3
*	83 .3 3
*	20 .45
*	19 . 94

4/ 02/18  4 P5 O2 STAGE
4/ 02/18   4C5O2 PIES

201804 310-51 300-42000 
20 1804 310-51300-42500 

*	18 . 15

-

*	1,5 65 .00

4/10/18 00019 

4/02 /18   4F5 I3ELD  MAN2A0G1E8ME0 4NT3 2A0P-R5 31800-12000 
- -  -  - - -  - - - - -  -  - - - -  - -GO-VERNMENTAL  MANAGEMENT  SERVICES 3/12/18   3N5O4 T7 4IC7E9  O 2F0M1 E8E0T3IN3G1 03-/521 31 0/ 01 -8 48000 
ORLANDO SENTINEL
FALC FALCON TRACE	BPEREGRINO

-  - - -  - -  - -  -  -  -6 -, 00-3 -. 70   003697 
*	203 .75 
203 .7 5 003698 

AP300R	YEAR-TO-DATE  ACCOUNTS  PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/10/18	PAGE	2

#

***   CHECK  DATES  03/14/2018   -   05/10/2018   ***	BFALNCKOAN  FTARALCONCDTRAD  -CGEENCEDRDAL  FUND

DATE

CHECK    VEND#	. • D. A. T• EINVOINCVEO• I• C• E• •   • Y• R. MEOXPENDPSETDATCOCT.#. . SUB	SUBCLASS  VENDOR  NAME

STATUS

AMOUNT

AM• • O• U• NCTHECK • • • • • 

4/10/18 00022 

3/12/18   3 3108 04 8B1ULK2B0L1E8A0C2H320-53800-47400 
3/18/18   3 T1A8N5K62RENT2A0L1 8F0E4E3 -2 0AP-5R3 81 800-47400 
3/20/18   3R1P9R2 5P6OOL2L0E1 D8 0L3 IG3H2T0-53800-47400 

*	503 .00
*	30 . 00
*	359 .50

70162

SPIES POOL , LLC

*	- -  - -  -  - -  -  -  -  - -8-92 -. 5 -0   003699 

4/10/18 00094 

2/25/18 

MTHLY  POO2 L0 1 8SE0R2VI3C2E0 -F5E3 8B0108 -47400 

1, 015 .0 0
*

3/25/18   7M0T1H6L3Y
2/25/18   7M0T1H6L2Y
3/25/18   7M0T1 H6L3 Y

201 803 320-53800-47400 
POOL SERVICE-MAR18 

POOL  SERVICE-FE B18

201 8 02 320 - 538 0 0-47400 

POOL  SERVICE-MAR18

201 8 03 3 20	38 0 0 -47400 
THREE GUYS POOL SERVICE & REPAIR

1, 015.00
V	1,0 15 .00-
V	1, 015.00-
*	- - - - - - - - - - -

. oo 003700 

4/12/18 00079 

4/12/18 00027 

4/09/18   9M5T9H4LY  LAK2E0 1M8A0 3INT32 0--M5A3R8 01 80-47000 
-  - - -  -  -  - - - -  -  -  - - - -  - -AQ-UATIC  WEED  MANAGEMENT ,   INC .
4/09/18   4E5MA5   IL  SER2V0 1IC8 E0 S2  F3E1B0-1 851300-49100 

300 . 00

*

-  -  - -  -  - -  - - -  -  -3 -00 -. 0-0   003701 
27 .7 5
*

4/09/18   4E5M6AIL  SER2 V0 1IC8E03MA3R1 01-8 51300-49 100 
-  - - -  - - - - - -  - -  - -  -  -  - -GO-VERNMENTAL  MANAGEMENT  SERVICES

27 .25
*	- - - - - - - - - -

55 .00 003702 

4/12/18 00071 

4/17/18 00054 

4/18/18 00088 

4/01/18   7M2T3H9L3Y6  POO2L01L8A04NDS3C2A0P-5A3P8R0 01 -8 47500 

REW LANDSCAPE CORP

FY1 8 ORANGE CTY TAX DS-08

4/13/18 04 1 3 2 018 201 804 300 -2070	10000 
FALCON TRACE CDD C/0 US BANK 4/12/18  0C4A1 2PI2T0A1L8  R2 E0 S1E8R0V4E3F2U0N-D5 8F1Y0 01 -8 10000 

2,255 .6 0

*

-  - - -  -  - -  - - -  -2 -, 25-5 -. 6-0   003703 
15, 934 .26
- - -  - - -  -  - -  -  -15-, 9-34 -. 2 -6   003704 
*	12 , 356 .00

4/18/18 00090 

4/25/18 00027 

- - -  - - - -  -  - -  -  -  - - -  -  - -FA-LCON  TRACE  CDD 4/12 /18   8S6E0C3U2R9 I8TY2M0O1 N8 0IT4OR3 I0N0G- 1M5A5Y001 8- 10000 

ATTENANTS - APR 18 

- - -  -  - -  - - - - -  - - -  -  -  -  -SA-FE  TOUCH  SECURITY  SYSTEMS 4/24/18   4P5O7OL	20 1804   3 2 0- 5 3   00-12200 
GOVERNMENTAL MANAGEMENT SERVICES
FALC FALCON TRACE	BPEREGRINO

-  -  - - -  -  - -  -  -
*	83 . 90

*	6, 171 . 45

12 , 356 .00 003705 

83 . 90 003706 

6,1 71 . 45 003707 

A*P* 3* 0C0RHECK  DATES   03/14 /2018   -   05/10/201Y8EA*R* -*TO-DATEFALCCONUNTRAS  PCAEYACDBLDE-GPERNEEPRAAILD/CFUOMNDPUTER  CHECK  REGISTER	RUN	5/10/18	PAGE	3
BANK  A  FALCON  TRACE CDD

DATE

CHECK    VEND#	• . D• A. T. EINVOIINCEVO. I. C. E. •    • Y• R• MEOXPENDPSTEDATCCOT.#. . SUB	SUBCLASS  VENDOR  NAME

STATUS	AMOUNT

A• M. O. U• NCTHECK . • #• . • 

4/27/18 00001 

4/27/18 00047 

3/31/18   SP9O9O8L84 GATE20S1O8F0T3WA3R2E0 -E5R3R8O0R0-47600 
- - -  - - - -  - -  -  - - -  - -  - - -A-CCESS  CONTROL  TECHNOLOGIES
4/01/18   4A8N-N6U0A-L02PO2O0L1 8P0E4RM3 I2T0-F5Y3 81 08 0-47400 

*	300 . 00

*

- - -  -  - -  - - - - - -3-00 -.0 -0   003708 
315.00

4/27/18 00015 

FLORIDA DEPARTMENT OF HEALTH
4/20/18   9M9O7N7T9HLY  M2E0E1T8I0N3G3M1A0R-5181300-31500 
4/20/18 99780	201 803 310-513 00-3 1500 

-  - - -  -  - - - - -  - -3-15 -. 00-
*	1, 218 .89
*	369 . 00

003709 

4/27/18 00071 

ELECTIONS /MAINT AGRMT /QP	HOPPING GREEN & SAMS
4/16/18   7 I2R4 R0 3IG5ATIO2N01R8P0R4 S3 2004-/ 05 328/01 08 -47500 

- - - -  - - - - - -  -1 -, 5-87 -.8 -9   003710 

*

370.92

4/27/18 00022 

- - -  - -  -  - - - - - - - - -  -  -  -RE-W  LANDSCAPE  CORP
4/09/18   3 41 9 6SU3L8FUR2IC0/1C8Y0A4NU3R2 0IC-5/B3 I8C0A0R-47400 

- - -  - - - - - -  -  - -3-70 -. 92- 427 .7 0

*

*

003711 

4/09/18   3N1 O9 6L3 I8FEGU2R0A1D80S4 IG3N20-53800-47400 

- - -

255 .00
682 .7 0 003712 

- - - - - - - - - - - - - - - - - - - - - - - - - -

SPIES POOL , LLC

*	- - - - - - - - - - - -

MANAGEMENT  FEES  MAY18

5/09/18 00027	5/01/18 458	2 0 1805 3 10 -5 1300-34000 
5/01/18 458	201805 310-513 00-35100 

4, 176. 00
*	120 .83

5/01/18 45 8	2 0 1805 3 10- 51 3 0 0-51000 

INFO  TECH2N0O1L8O0G5Y3M1A0Y- 5181300-31400 DISSEMINATION FEE MAY 18 
5/01/18   4 O5 8FFICE  SUPPLIES

*	83 . 33
*
*	8. 83 

5/01/18   4 P5O8STAGE

5/01/18 458 

5/01/18   4C5O8 PIES

201805 31 0-5 1300-42000 
20 1805 310-51300-42500 

*	6. 90
*	27 . 75

201 805 310-513 00-4 9100 
5/01/18   4E5M9AIL  SER2V0 I1C8E0S5   320-53800-12000 
FIELD MANAGEMENT MAY18	GOVERNMENTAL MANAGEMENT SERVICES 5/09/18   00094	11 /25 /17   7M0T1H5L9Y  POO2L0 1S7E1R1V3IC2E0-N5O3V8 0107 -47400 
12/25/17   7M0T1H6L0Y  POO2L0 1S7E1R2V3IC2E0 -D5E3C8 01 70-47400 
FALC FALCON TRACE	BPEREGRINO

*	1,565 . 00

*

- - - - -  -  - - - - -5-,9 -89 -. 2 -1   003713 
1,0 15 .00
*	1,015. 00

A* P* 3* 00R	YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	5/10/18 

PAGE	4

VENDOR NAME	STATUS

CHECK  DATES   03/14/2018   -   05/10/2018   ***	BFAANLCKOAN  FTARALCOENCTDRDA-CGEENCEDRDAL  FUND

CHECK VEND#	. . • . . INVOICE . . . • . . . . EXPENSED TO . . . 
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

1/25/18	POOL SERVICE JAN IS 

70161	201801 3 20 -5 38 0 0-47400 

#

2/25/18   7M0T1H6L2 Y  POO2L0 1 8SE0 R2V3IC2E0 -S5F3E8B0 01 -8 47400 

AMOUNT
*	1, 015 . 00
*	1, 015.00

A• M• O. U. CNHTECK . • . . . 

3/25/18 

7M0T1H6L3Y

201803 320-53800-47400 

*	1, 015 .00

4/25/18   7M0T1 H6L4 Y  POO2L01 S8E0R4 V3IC2E0 -M5A3R8 0IS0-47400 

*	1,0 15.00

MTHLY

POOL SERVICE-APR18	THREE GUYS POOL SERVICE & REPAIR
TOTAL FOR BANK A TOTAL FOR REGISTER

FALC FALCON TRACE	BPEREGRINO

87 , 366 . 47
87 , 366 .4 7

6, 090 . 00 003714 

SECTION 2

•	•	•	•	•	•	•	•	•	•	•

Fa lcon Trace
Community Development District

Unaudited Financial Reporting April 30, 2018

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

1	 	Balance Sheet 	

2	
 	General Fund 	

3	
 	Debt Service Fund	

4	
 	Capital Projects Fund	

5-6	
 	Month to Month 	

7	
 	Long-Term Debt 	

8	
 	Assessment Receipt Schedule	

Assets
Cash - Wells Fargo Cash - SunTrust Investments

$621,271

$2,092
$0

Custody Account

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
April 30, 2018
Governmental Fund
General	Debt Service	Capital Projects
$318,475	----------
----------	----------	$262,508
$57,705	----------	----------

Totals (memorandum only) 2018
$318,475
$262,508

$57,705

Series 2007
Revenue Account

----------

----------
----------

----------

$621,271

----------

Redemption Account Cost of Issuance
Due from General Fund Prepaid Expense
!Total Assets
liabilities
Accounts Payable Due to Debt Service
Fund Equity
Fund Balances

$2,092	----------
----------	$26,419
----------	----------

$376,264	$623,363	$288,927

$6,390

----------	----------

$26,419
$84

$1,288,554 1

$6,390
$0

Unassigned
Restricted for Debt Service

$369,874
----------

$623,363

----------

$369,874
$623,363

Restricted for Capital Projects
[jrotal Liabilities and Fund Equity

----------	$288,927
$376,264	$623,363	$288,927

$288,927
$1,288,554 ]I

Revenues:

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

Statement of Revenues apnd Expenditures

GENERAL FUND

For Period Ending A ril 30, 2018
 	General Fund	Prorated Budget		Actual		 Bud et		Thru 4/30/18	 Thru 4/30/18	Variance

$583

Maintenance Assessments	$355,855	$355,855	$354,091	($1,764)

$67

Miscellaneous Income	$1,000
Interest

$0	$855	$272

Total Revenues	 	$356,855	$356,438	$355,013	($1,425)1
Ex enditures:
Administrative:
Supervisors Fees	$8,000	$4,667	$3,000	$1,667
FICA Expense	$612	$357	$230	$128

$583

Engineer	$5,000	$2,917

Assessmg ent Roll	$5,000	$5,000	$5,000	$0

Dissemination	$1,000	$583

$2,917
$0

Arbitra e Rebate	$600	$0	$0

Annual Audit	$3,400	$3, 100	$3,100	$$0

Attorney Fees	$15,000	$8,750	$5,949	$2,801
Trustee Fees	$4,400	$0	$0	0

Management Fees gy

$50,112	$29,232	$29,232	$0

Information Technolo	$1,450	$846	$846	$0
Telepghone	$100	$58	$$0	$58

Posta e	g

$1,000	$583

82	$501

Printing and Bindin	$1,500	$875	$132	$743
Insurance	$11,200	$11,200	$10,654	$546
Legal Advertising	$2,500	$1,458	$411	$1,047

y

Contingency	$1,200	$700	$586	$114
Propert Appraiser	$1,000	$1,000	$902	$98
Office Supplies	$800	$467	$62	$405
Dues, Licenses, Subscriptions	$175	$175	$0
Total Administrative		$114,049	$71,968	$60,943	$11,025 1 Maintenance:

Field Management	$1$8,780	$10,955	$$10,955

Pool Styaff Payroll	$76,000	$44,333	$25,728	$18,605

Property Insurance

6,870	$6,870

6,245	$625

Securit	p

$1,070	$624	$1,031

$9,336

Telephone Ex ense	$2,000	$1,167	$1,068	$99

$2,973

$4,748

Electric	$18,900	$11,025
Irrigation/Water	$13,500	$7,875	$4,902

$1,689

$379

Lake Maintenance	$8,600	$5,017	$2,700	$2,317

Pest Control	$650
Pool Maintenance	$32,000
Grounds Maintenance	$33,000
General Facility Maintenance	$10,000

$18,667
$19,250
$5,833

$0	$379
$13,919
$16,603	$2,647
$3,791	$2,0(42)

Refuse Service	$4,080	$2,380	$2,381
Field Contingency	$5,000	$2,917

$1
$2,567

Transfer Out	$12,356	$12,356	$12,356	$0
Total Maintenance	 	$242,806	$149,648	$111,364		

Total Expenditures	 	$356,855	$221,616	$172,307		$49,309 1	

Excess Revenues (Expenditures)	 	$0	$182,706		-------1	

Fund Balance - Beginning	

 	$0	$187,168	--------1	

Fund Balance - Ending	 	$369,874	--------1	

2

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE 2007
Statement of Revenues & Expenditures For Period Ending April 30, 2018

Revenues:	Adopted Budget	Prorated Budget
Thru 4/30/18	Actual
Thru 4/30/18	Variance	
Assessments - On Roll	$413,660	$413,660	$411,609	($2,051)	
Interest	$300	$175	$415	$240	

$25,988

Total Revenues	 	$413,960	$413,835	$412,024	($1,811)!

Expenditures:		
Interest Expense 11/01	$25,988	$25,988	$0	
Principal Expense 05/01	$370,000	$0	$0	
Interest Expense 05/01	$25,988	' $0	$0	
Total Expenditures	 	$421,975	$25,988	$25,988		

Other Sources Uses		
Transfer In (Out)	$0	$31	$31	
Excess Revenues (Expenditures)	 	($8,015)	$386,067		
Fund Balance - Beginning	 	$237,261	$237,296		
Fund Balance • Ending	 	$229,247	$623,363		

3

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures For Period Ending April 30, 2018

Adopted	Prorated	Actual
Budget 	Thru 4/30/18	Thru 4/30/18	Variance	

Revenues:		
Transfer In	$12,356	$12,356	$12,356	$0	
Interest	$150	$88	$103	$16	
Total Revenues	 	$12,506	$12,444	$12,459	$16 I
Ex  end Illr es:

Pool Furniture	$10,000	$5,833	$0	
Building Renovations	$25,000	$14,583	$0	$14,583	
Total Expenditl res	 	$35,000	$20,417	$0	$20,411 1	
Oft er Sources ��
Transfer In (Out)	$0	$0	

($31)	
($31)	
Total Ota er	 	$0	$0		
Excess Revenues (Expenditires)	 	($22,494)	$12,429		
Fund Balance - Beginning	 	$261,504	$276,499		
Fund Balance - Ending	 	$239,010	$288,927		

4

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

�

$250
$9

$67

Maintenance Assessments	so	$32,801	S236,599	$16,140	$38,207	S16,636	$13,708

$0	$0	$0	$0	$354,091

Miscellaneous Income	$340	$0

$215	$0

$0	$0	$0	$0	$0	$0

Interest

$10	$9	$10	$10

$10	$0	$0	$0	$0

Total Revenues	I	$349
Expenditures:

______ill�l	$236,658	$16,365	$38,217	$16,895	$13,717	$0	$0	$0	$0	$0

Administroti11e

$77

Supervisors Fees	$1,000	$0	$0	$1,000	$0	$1,000	$0

$0	$0	$0	$0	$3,000

FICA Expense	$77	$0	$0

$0	$0	$0	$0	$0

$230

$83

Engineer	$0	$0	$0	$0	$0	$0	$0	$0	$0

$0	$0	$0

Dissemination Agreement	$83	$83

$83	$0

$0	$0	$0	$583

Assessment Roll

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000

Arbitrage Rebate	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Attorney	$1,686	$141	$110	$1,826	$600	$1,588	$0	$0	$0

$0	$0
$0	$0

Annual Audit	$0	$0	$0	$0	$3,100	$0	$0	$0	$0	$0	$0	$0	$3,100
Trustee Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Management Fees	$4,176	$4,176	$4,176	$4,176	$4,176	$4, 176	$4,176	$0	$0

$0	$29,232

Information Technology	$121	$121	$121	$121	$121	$121	$121	$0	$0	$0	$0	$0	$846

Telephone	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Postage	$11	$11	$3	$2	S31	$4	$20	$0	so

$0
$0	S82

Printing and Binding

S34	$0

S60	so	S18	$0	$0	$0

$132

Insurance	$10,654	so	$0	$0	$0	$0	$0	$0	$0

$0	$0	$10,654

Legal Advertising

so	$0	$208	$0	$204	$0	$0

$0	so	$411

$48

Contingency

$101	S46	$112	$105	$108	S6S	$0	$0	$0	$0	$0	$586

Property Taxes	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Property Appraiser	$902

$0	$0	so	$0	$0

$0	S902

Office Supplies	$1	$21	$0	so

$0	$20	$0	$0	$0	$0	$0	$62

S7,361

$4,503

-

__$_0  _

_$_0_

Dues, Licenses, Subscriptions	S175	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$_7,608

Toto/Admlnlstrat;ve	I	$23,950	$4.�   $4,539 	

�4_    -

$0	$0

5

Maintenance

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Field Management	$1,565	$1,565	$1,565	$1,565	$1,565	$1,565	$1,565	$0	$0	$0	$0	$0	$10,955

$5,304

Pool Staff Payroll Security	
$81	$3,697
$81	$0
$81	$2,101
$131	$2,116
$490		$6,171	$0
$0	$0
$0	$0
$0	$0
$0	$0
$0	$25,728
$1,031	
Telephone Expense	$148	$152	$152	$152	$152	$162	$0	$0	$0	$0	$1,068	
Electric	$1,422	$1,307	$1,241	$1,205	$1,427	Sl,292	$1,442	so	$0	so	$0	$9,336	
Irrigation/Water	$688	$588	$506
Lake Maintenance	$900	$300	$300	$1,180	$444
$300	$484
$300	$1,011
$300	$0	$0
$0	$0	
$0	
$0	$4,902
$2,700	
Pest Control	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Pool Maintenance	$2,721	$1,878	$1,854	$1,04S	$2,810	$1,569	$2,043	$0	$0			so	$13,919	

Property Insurance	$6,245	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$6,24S

Grounds Maintenance	$4,818

$2,256	$2,391	$2,256	$2,256	$2,627	$0	$0

$0	$16,603

General Facility Maintenance	$263	$1,085	$160	$150

$1,465

$0	$0

$0	$0	$3,791

Field Contingency	$0	$0	$350	$0	$0	$0	$0	$0	$0	$0	$0	$0	$350	
Transfer Out	$0	$0	$0	$0	$0	$0	$12,356	$0	$0	$0	$0	$0	$12,356	

Refuse Service	$232	$392	$391	$0	$0	$0	$0	$0	$2,381

Total Maintenance	I	$25,�10,988	$8,805	Sl0,561	$12,273	$14,863	$28,451	$0	$0	$0	$0	$0
Total Expenditures	I	$49,372	$15,677	$13,344	$18,169	$20,568	$22,224	$32,954	so	$0	$0	$0	$0	$172,307 1

$182,706 1

Excess Revenues (Expenditures)	I	($49,023)	$17,134	$223,314	($1,804)	$17,650	($5,328)	($19,237)	$0

$0	$0	$0

6

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
LONG TERM DEBT REPORT

SERIES 2007, SPECIAL ASSESSMENT REFUNDING BONDS

MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT RESERVE FUND BALANCE

5/1/2020
MAXIMUM ANNUAL DEBT SERVICE
COVERED BY FINANCIAL GUARANTY INSURANCE POLICY
$0

BONDS OUTSTAN DING - 9/30/13	$2,475,000	
LESS: PRINCIPAL PAYMENT 5/1/14	($310,000)	
LESS: PRINCIPAL PAYM ENT 5/1/15	($325,000)	
LESS: PRINCIPAL PAYM ENT 5/1/16	($335,000)	
LESS: PRINCIPAL PAYMENT 5/1/17	($350,000)	
CURRENT BONDS OUTSTANDING	$1,155,000	

7

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT RECEll'TS • FYZOlS TAX COLLECTOR

Net Assessments

Gross Assessments  $	818,633   $	378,569    $	440,064
$	769,515  $	355,855   $	413,660
Date	Gross Assessments  Discounts/	Commissions	Interest	Net Amount	General Fund	Debt2S0v0c7Fund	Total
Received	Received	Penalties 	Paid	Income	Received	46.24%	53.76%	 	100%

11 /3/16		$	7,682.66	$	365.05	$	$	$	7,317.61	$	3,383.96	$	3,933.65	$	7,317.61	
11 /9/17	2	$	9,995.26	$	399.85	$	$	$ 9,595.41	$	4,437.31	$	5, 1 58. 10 	$	9,595.41	
11 /20/1 7	3	$	56,267.66	$ 2,250.93	$	$	$ 54,016.73	$	24,979.53	$ 29,037.20	$ 54,016.73	
12/11/17	4	$	169,919.42	$ 6,797.45	$	$	$ 163,121 .97	$	75,434.24	$ 87,687.73	$ 163,121 .97	
12/18/17	5	$	20,899.18	$	836.05	$	$	53.60 $ 20,116.73	$	9,302.79	$ 10,813.94	$ 20,116.73	
1 2/26/1 7	6	$	342,075.86	$ 13,684.39	$	$	$ 328,391 .47	$ 151 ,861.58	$ 176,529.89	$ 328,391 .47	
1/16/18	7	$	36,346.40	$ 1,444.91	$	$	$ 34,901.49	$	16,139.87	$ 18,761 .62	$ 34,901 .49	
2/20/18	8	$	86,561.41	$ 3,405.87	$	534. 16   $	$ 82,621.38	$	38,207.49	$ 44,413.89	$ 82,621.38	
3/19/18	9	$	36,126.55	$	944.56	$	$	$ 35,181 .99	$	16,269.58	$ 18,912.41	$ 35,181 .99	
3/19/18	INT	$	$	$	$	793.41    $	793.41	$	366.91	$	426.50	$	793.41	
4/1 6/18	10	$	29,732.76	$	90.90	$	$	$ 29,641 .86	$	13,707.60	$ 15,934.26	$ 29,641.86	
$	$	$	$	$	$	$	$
$	$	$	$	$	$	$	$
$	$	$	$	$	$	$	$
$	$	$	$
   Totals	$	795,607.16    $ 30,219.96   $	534.16   $	847.01 $ 765,700 05 s 354,090.86 $ 411,609.19 $ 765,700.05

8

SECTION 3

BILL COWLES
Supervisor of Elections Orange County, Florida

April 16, 201 8

Jamie-Marie Corder, Administrative Assistant Falcon Trace Community Development District 1 35 W Central Blvd, Suite 320
Orlando FL 32801
Dear Ms. Corder:

OUR MISSION IS TO:
Ensure the integrity of the electoral process.
Enhance public confidence. Encourage  citizen participation.

ilfi)� �A«;PR)1; J7 SW2018�Jm
BY: _____________

Per the requirements of Chapter 1 90.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the Development District as of April 1 6, 201 8. Our research is based on the legal description provided to us by the District office on April 1 8, 2017.
As of April 16, 2018, there a re 1 868 registered voters in the Falcon Trace Community Development District.
Attached is a map and list of streets currently in the Development District according to our records. If you have any questions or corrections, please contact the Mapping Department at 407-254-6584 .
ly,

�1-ill Cowles
Supervisor of Elections
bc/ajs

119 West Kaley Street, Orlando  ■  Reply to:  Post Office Box 562001 ,  Orlando,  Florida 32856 Phone (407) 836-2070 ■ Fax (407) 254-6596 ■ TDD (407) 422-4833 ■ Internet: www.ocfelections.com

www.ocfelections.com

N E

ROSSING

EAGLES
-D-R------

FALCON TRACE DEVELOPMENT DISTRICT
UNINCORPORATED ORANGE COUNTY, FLORIDA

C::J

Bill Cowles, Supervisor of Elections
441 B County Precinct Number	District Boundary
Prepared by: Orange County Supervisor of Elections Mapping Department

GIRARD DR

W+E
s
PRINT DATE: 04/1 3/2018

ST DVLMNT VTR CNT . LST	Orange County Supervisor of Elections

 	Development District	

APR-16-18 10 : 1 9 AM	Active  Voters  Count   -  FALCON  TRACE	Page 46 of 46 
Id Number	Name	Address
200136044 	ROCHA DORIS ESTELA	13625 	TETHERLINE	TRL	441 B	
200915509 	ROCHA TODD WILLIAM JR	13625 	TETHERLINE	TRL	441B	
201498253 	TORRENS RAYMOND JR	13628 	TETHERLINE	TRL	44 1B	
201751 97 1	VARGAS ROQUE OMAR	13628 	TETHERLINE	T RL	4418	
201508071 	PINTO ELIZETE 0	13629 	TETHERLINE	TRL	44 1B 	
202143175 	SERNA SANTA HIL DA	13629 	TETHERLINE 	TRL	441B	
201054253 	NANKOO RADHA	13 632 	TETHERLINE 	TRL	441B	
200861547 	NATH AMANDA PARVEENA	13 632 	TETHERLINE	TRL	441B	
200339227 	NATH BRIGWATTIE 	13 632 	TETHERLINE	TRL	441B	
20102 6061 	NATH NATASHA K	13632 	TETHERLINE	TRL	441B	
201300845 	NATH YOKARAM GOPAUL	13632 	TETHERLINE	T RL	441B	
200700569 	PATEL YOGESHKUMAR BABUBHAI	13636 	TETHERLINE	TRL	44 18 	
201545489 	QUARICK CARRIE ANN	13637 	TETHERLINE	TRL	4418	
20082094 0	D IAZ AARON DAVID 	1364 4	TETHERLINE 	TRL	44 1B 	
2004 61351 	RAMIREZ DIAZ LOURDES	1364 4	TETHERLINE	TRL	44 1B 	
20065654 6	SEVERSON ROGER S	13644 	TETHERLINE 	TRL	441B	
20 1365597 	HUANG STEVEN KS	1364 5	TETHERLINE	TRL	441B	
201189543 	LEE EIMON E	13645 	TETHERLINE	TRL	441 B	
201124 587 	LEE ELI ZABETH NYEIN 	13645 	TETHERLINE	TRL	44 1B	
200824079 	CORDOBA EDGARDO L	1364 9	TETHERLINE	T RL	44 1B 	
200875530 	CORDOBA FLORALBA	1364 9	TETHERLINE	TRL	44 1B 	
20119 0739 	DUBOIS ROBERT A	13657 	TETHERLINE	TRL	441B	
201508043 	NAZAI RE MARIE ONISE	13657 	TETHERLINE	TRL	441B	
Total  Voters :	1868 

S T_DVLPMNT_DSTRCT . LST April 16 2018 10 : 18 AM

Supervi sor of Elections
FALCON TRACE District

Page 1 of 3

48 

I Status �	Street Name

T
_  Py

ID    From R

To	0 Zip
E

Pree Cong Hse	Snte Cnty Sch Dist Dist Dist Di st Brd

City Pree

City

R	ACCIPITER
R	ACCIPITER
R	ACCI PITER
R	ACCIPITER
R	AMBERLEIGH
R	AMBERLEIGH
R	BRIARMOOR

DR	12209  12221  0 32837
DR	12269  12359  0 32837 
DR	12202   12466  E  32837 
DR	12365  12491  0 32837 
RD	13802   13844  E  32837 
RD	13803  13851  0 32837 
CT	13500   135 60   E 32837 

441B	10	15	4	3

48 

48 

441B	10	15	4	3

15 

48 

441B	10	15	4	3
441B	10	4	3
441B	10	15	4	3
441B	10	4	3
44 1B	10	48	15	4	3
48 

UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[

R	BRIARMOOR
R	BRICKTON
R	BRICKTON
R	BROADWING
R	BROADWING
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN

CT	13501  13561  0  32837 
CT	13801  13823  0  32837 
CT	13800   13824  E  32837
DR	13902   13950  E  32837 
DR	13903  13951  0  32837 
DR	1407	1557  0  32837 
DR	1406	1636  E  32837 
DR	1638	16 68   E 32837 
DR	1720	1732  E   32837 
DR	1744	1876  E  32837 
DR	1613	1889  0 32837 
DR	1895	1967  0  32837 
DR	2007	204 9  0  32837 
DR	1906	2084  E   32837 
DR	2067	2091  0  32837 

441B	10	4	3
441B	10	48	4	3
441B	10	48	15	4	3
441B	10	48	4	3
441B	10	4	3
441B	10	48	15	4	3
44 1B	10	4	3
441B	10	48	15	4	3
44 1B	10	48	4	3
441B	10	15	4	3

15 
15 

441B	10	48	15	4	3
441B	10	4	3
441B	10	48	4	3
441B	10	48	4	3
441B	10	15	4	3

UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[ UN INCORPORATE[
UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[

R	EAGLES GLEN

CT	13804 13852 

E 32837 

441B	10 

4	3	UNINCORPORATE[

R	EAGLES GLEN
R	EYAS
R	EYAS
R	FLEDGLING
R	FLEDGLING
R	GRAND  COVE
R	GRAND  COVE
R	GRAND  COVE
R	HARRIER
R	HARRIER
R	HARRI S HAWK
R	HARRIS HAWK
R	HAWK LAKE
R	HAWK LAKE
R	HAWK LAKE
R	HAWK LAKE
R	HAWK LAKE
R	HAWKEYE
R	HAWKEYE

CT	13805  13853  0  32837 
RD	13505  13547  0  32837 
RD	13504   13568  E  32837 
CT	1451	1473  0  32837 
CT	1450	1474  E   32837 
DR	14506  14554  E   32837 
DR	14608  14778  E 32837 
DR	14519  1477 9  0 32837 
DR	1502	1566  E   32837 
DR	1501	1567  0  32837 
RD	1712	1720  E   32837 
RD	1701	1729  0  32837 
DR	13530   13572  E   32837 
DR	13640  13676  E 32837 
DR	13682   13736  E  32837 
DR	13802   13832  E  32837 
DR	13519  13845  O  32837 
DR	13502   13648  E  32837 
DR	13503  13673  0  32837 

441B	10	48	15	4	3

15 

441B	10	4	3

15 

441B	10	15	4	3

15 

441B	10	48	4	3
441B	10	4	3
441B	10	48	15	4	3
441B	10	4	3
441B	10	48	4	3
441B	10	48	15	4	3

15 

44 1B	10	48	15	4	3
441B	10	48	4	3
441B	10	48	15	4	3
441B	10	48	4	3
441B	10	48	4	3

15 

441B	10	15	4	3

48 

441B	10	48	4	3
441B	10	15	4	3
441B	10	15	4	3
441B	10	15	4	3

UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[
UNINCORPORATE[

R	HAWKEYE

DR	13680 1375 2 E 32837 

441B	10	48	15	4	3

UNINCORPORATEI

R	HAWKEYE

DR	13701 13839 0 32837 

441B	10 

15	4	3

UNINCORPORATE[

R	HOOKBI LL

CT	1 607	162 9 O 32837 

441B	10	48	15	4	3

UNINCORPORATE[

48 

48 

R	HOOKBILL

CT	1 606	1630 E 32837 

441B	10	4	3

UNINCORPORATE[

R	KESTREL
R	KESTREL
R	LANNER

DR	14005	14035 
DR	14004 14050 
DR	13502 13 56 6 

0  32837 
E   32837 
E   32837 

441B	10	4	3

15 

441B	10	48	4	3
441B	10	4	3

UNINCORPORATE[ UNINCORPORATE[
UNINCORPORATE[

R	LANNER
R	MARSH HAWK

DR	13501  13567  0 32837 
DR	1914	2096  E   32837 

441B	10 
441B	10 

15	4	3
4	3

UNINCORPORATE[ UNINCORPORATEI

R	MARSH  HAWK
R	NESTLEWOOD
R	NESTLEWOOD

DR
rRI rRI

1939	209 7 
1500	155 4 
1501	1555 

0  32837 
E   32837 
0 32837 

441B	10	4	3
441B	10	4	3

15 

441B	10	48	4	3

UNINCORPORATEI UNINCORPORATE[
UNINCORPORATE[

R	NESTLEWOOD

rRI	1602	178 6 

E   32837	441B	10	48	4	3

UNINCORPORATE[

C	Printed for SOE Staff Person ADAM STOKES

IS T_DVLPMNT  DSTRCT . LST April 16 2018 10 : 18 AM

Supervisor of Elections
FALCON TRACE District

Page 2 of 3

Street Name

R	NESTLEWOOD
R	NESTLEWOOD
R	OSPREY COVE
R	OSPREY  COVE

T

I

D

py     R
rRI I'Rl CT
CT

From

1603 
1820 
1308 
1309 

To	O Zip

E

1831  0  32837 
18 92   E 32837 
1332  E   32837 
1333  0  32837 

Pree  Cong Hse	Snte Cnty Sch Dist  Dist   Dist   Di st  Brd

48 

15 

441B	10	15	4	3
441B	10	4	3

15 

441B	10	48	15	4	3

15 

441B	10	4	3

City Pree

City
UNINCORPORATE[ UNINCORPORATEr UNINCORPORATEI
UNINCORPORATE[

R R R R R R R R R R R R R R R

1

---
-- ---

PRAIRIE HAWK
PRAIRIE HAWK PRAIRIE HAWK RIDGE TOP RIDGE TOP
RIDGE TOP
SOARING HEIGHTS SOARING HEIGHTS
SOARING HEIGHTS
SWAINSON
$WAINSON TETHERLINE
TETHERLINE TETHERLINE TETHERLINE

DR DR DR RD RD RD
:::IF
:::IF
:::IF CT CT I'Rl
rRI I'Rl I'Rl

10936   11068 E   32837	44 1B	10	48	4	3
11176  11218 E   32837	441B	10	48	15	4	3
10931  11219 O   32837	441B	10	48	15	4	3
13701   13713 0   32837	441B	10	48	15	4	3
13726  13750  E   32837	441B	10	48	15	4	3

15 

13719   13757 0   32837	441B	10	48	4	3

15 

1701	1797  0    32837	441B	10	48	4	3

15 
15 

1702	1828  E   32837	441B	10	48	4	3
1803	1881  0   32837	441B	10	48	4	3
1404	1422  E   32837	441B	10	48	4	3
1405	1423  0   32837	441B	10	48	4	3
13538   1354 6 E   32837	441B	10	48	4	3
13501   13615 0   32837	441B	10	48	4	3
13608   13644 E   32837	441B	10	48	15	4	3
13621   13657 0   32837	441B	10	48	15	4	3
TOTAL STREETS :	74 

Printed for SOE Staff Person ADAM STOKES

UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATEr UNINCORPORATEI UNINCORPORATEI UNINCORPORATEI UNINCORPORATEI UNINCORPORATEI UNINCORPORATEI UNINCORPORATE[ UNINCORPORATE[ UNINCORPORATEI UNINCORPORATE[ UNINCORPORATE[

r •

Status Codes

Q__L.E_

Code A
B C
D E F G
H I J
K
L
M N 0
p
Q R
s
T
u
V
X
z

Name	Code	Name

BAD ADDRESS	E	Even

APT/CONDO/DUPLEX	0	Odd
COMMERCIAL	B	Both
OMO/DEMOLISHED ELECTION OFFICE GRP/RES FACILITY GOVERNMENT BLDG
HOMELESS/GEN DEL INSTITUTE/CHURCH
CLE  CLUB/APT OFC
SCHOOLS LAKE COUNTY
MIX RES/COM/INS
NURSING/ASSISTED OSCEOLA COUNTY PO BOX/MAIL REQ SNR/SENIOR APTS
RESIDENTIAL
SEMINOLE COUNTY TMP RES ADDRESS
UCF/MAILING REQ VACANT PROPERTY BOX/MAILING ONLY NAME CHANGED

SECTION 4

2018 SPECIAL DISTRICTS QUALIFYING PROCEDURE

Florida Statute 99.061
All special district candidates shall qualify by paying a filing fee of $25.00 or by the petition process pursuant to Florida Statute 99.095. Notwithstanding Florida Statute 106.021, a Special District candidate who does not collect contributions and whose only expense is the filing fee or signature verification fee is not required to appoint a campaign treasurer or designate a primary campaign depository.
Candidates who WILL NOT incur election expenses or contributions will do the following:
Ifyou choose to file by petition method, you need to collect 25 signatures of qualified electors in the district.
Peddons mustbesubmittedbyNoon on May21, 2018.
Qualifying begins at Noon on june 18 and ends at Noon on June 22. 2018. To qualify you must present the items listed below (all items MUST be received by the end of the qualifying period):
Form 1- Statement of Financial Interest
Loyalty Oath/Oath of Candidate
The amount of $25.00 for your qualifying fee.
Candidates filing by the petition method are not required to pay the qualifying fee, however, will be charged .10 for each petition card viewed.

Candidates who WILL incur election expenses or contributions will do the following:
File Appointment of Campaign Treasurer/Designation of Campaign Depository (open campaign account). This may be completed at any time prior to qualifying, but MUST be completed by the time you qualify.
Read Chapter 106 of the Florida Statutes, and submit a Statement of Candidate.
Ifyou choose to file by petition method, you need to collect 25 signatures of qualified electors in the district.
Peddonsmustbe submitted byNoon on May21, 2018.
Qualifying begins at Noon onJune 18 and ends at Noon on June 22. 2018. To qualify you must present the items listed below (all items MUST be received by the end of the qualifying period):
Form 1 - Statement of Financial Interest
Loyalty Oath/Oath of Candidate
Check for $25.00, from yourcampaign account made payable to the Supervisor of Elections, for your qualifying fee. NO CASH WILL BE ACCEPTED.
Candidates filing by the petition method are not required to pay the qualifying fee, however, will be charged .10 for each petition card viewed.