Falcon Trace Community Development District

Agenda  August 15, 2018

AGENDA

Falcon Trace
Community Development District
1 35 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524- Fax: 407- 839-1526

August 8, 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, August 15, 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 May 16, 2018 Meeting
Public Hearing
Consideration of Resolution 2018-02 Adopting the Fiscal Year 2019 Budget and Relating to the Annual Appropriations
Consideration of Resolution 2018-03 Imposing Special Assessments and Certifying an Assessment Roll
Staff Reports
Attorney
District Manager's Report
Approval of Check Register
n.	Balance Sheet and Income Statement
Approval of Fiscal Year 2019 Meeting Schedule
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 May 16, 2018 meeting. The minutes are enclosed for your review.

The fourth order of business opens the public hearing. Section A is the consideration of Resolution 2018-02 adopting the Fiscal Year 2019 budget and relating to the annual appropriations. A copy of the Resolution and proposed budget are enclosed for your review. Section B is the consideration of Resolution 2018-03 imposing special assessments and certifying an assessment roll. A copy of the Resolution is enclosed for your review and the assessment roll will be available at the meeting for reference.

Section B of the fifth 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 approval of the Fiscal Year 2019 meeting schedule. A sample meeting notice is enclosed for your review. Section 4 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.
Sincerely,

�?-7/,,,

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t	,	/.//I'/    �
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, May 16, 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 Rigoni Alan Scheerer

FIRST ORDER OF BUSINESS

Chairperson Vice Chairperson
Assistant Secretary Assistant Secretary Assistant Secretary

District Manager District Counsel Field Operations

Roll Call

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

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

THIRD ORDER OF BUSINESS	Approval of the Minutes of the March 21,
2018 Meeting

On MOTION by Ms. Hurst seconded by Ms. Stark with all in favor the minutes of the March 21, 2018 meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Ratification of Pool Maintenance Agreement
with Roberts Pool Service and Repair, Inc.

May 16, 2018	Falcon Trace CDD

Mr. Showe stated we did let you know at the last meeting we were looking to change the provider of the pool maintenance. The new company started today and we are asking that you ratify the agreement.
Mr. Scheerer stated in the last six service days the old provider only provided five even though he was on the way out and that was just part of the problems we had with him. We told him that we needed to adjust his invoice and we were not paying for service we did not receive. Roberts Pool Service is $400 cheaper than the prior provider. We have worked with this provider on other projects.
Ms. Rigoni stated I would like to draft an agreement and insert the required language.

On MOTION by Ms. Miller seconded by Ms. Baron with all in favor District Counsel was authorized to prepare an agreement for pool maintenance with Roberts Pool Service.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2018-01
Approving the Proposed Budget for Fiscal Year 2019 and Setting a Public Hearing
Mr. Showe stated next is Resolution 2018-01 approving the Fiscal Year 2019 budget and setting the public hearing. This resolution approves the proposed budget, which is Exhibit A, sets the public hearing for August 15, 2018 here in this room at 6:00 p.m., that is your regular August meeting. It also directs the District Manager to provide the proposed budget to Orange County at least 60 days in advance of that hearing as required by Florida Statutes and we will also post it on the website. The proposed budget is similar to what you have seen in the past and we kept the assessments the same and we are still putting $20,000 into reserves. We did make a change for the new pool service. Capital projects are listed on page 6 and we do have the awning project and we have a price of $15,080.
Mr. Scheerer started the biggest expense on that is the 4x12 beams on the top. We are seeking additional proposals.
Ms. Hurst stated I would like more proposals, but I would also like to get this done so that our residents can enjoy it through the summer.
Ms. Miller asked how confident are you with this proposal?

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May 16, 2018	Falcon Trace CDD

Mr. Scheerer responded very confident, he works at a number of CDDs and understands the functionality of the District, he is licensed and insured.
Ms. Miller stated legal can put in some language if he doesn't perform or whatever that we can exit without any complications.
Mr. Scheerer stated we would have to talk to them, but we do have a proposal from Berry Construction to remove the wood beams.
Mr. Showe stated we can put together a small project agreement and use their proposal as an attachment.
Ms. Hurst asked in the meantime is there a way we can get some shade such as additional
umbrellas?
Mr. Scheerer stated the guys have umbrellas and they have been tasked based on the usage to put more umbrellas out.

On MOTION by Ms. Miller seconded by Ms. Hurst with all in favor District Counsel was authorized to prepare a Small Project agreement with Berry Construction in an amount not to exceed
$15,080 for the awning repair.

Mr. Showe stated we typically budget $5,000 to $10,000 for pool furniture to replace as needed and $25,000 for building renovations and you will still have $244,000 in capital reserves. The debt service schedule is on page 8 and you only have two more years of debt service
to pay.

On MOTION by Ms. Miller seconded by Ms. Hurst with all in favor Resolution 2018-0I approving the proposed Fiscal Year 2019 budget and setting the public hearing for August 15, 2018 at 6:00 PM at this location was approved.

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

Manager

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May 16, 2018	Falcon Trace COD

Approval of Check Register

On MOTION by Ms. Hurst seconded by Ms. Miller with all in favor the check register was approved.

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

Presentation of Number of Registered Voters -1, 868
A copy of the letter from the Orange County Supervisor of Elections indicating that there are 1,868 registered voters residing within the District was included in the agenda package.

Presentation of Qualifying Information and Dates
Mr. Showe stated seat no. 4, which is Sara Hurst's and seat no. 5, which is Felix Kutlik's are up for election this year and enclosed in the agenda package is information for qualifying in the general election. Ifyou choose to do the petition process that needs to be at the Supervisor of Elections office by noon on May 2l5\ however, if you do the typical process and pay $25 the qualifying period is from noon June 18th to noon June 22nd•

Field Manager's Report
Mr. Scheerer gave an overview of the Field Manager's report.

SEVENTH ORDER OF BUSINESS	Supervisor's Requests
Ms. Baron stated the HOA Board of Directors went to a meeting with the County and they explained about the expansion of Orange Avenue, what they have done in Osceola County and they are proposing one of three different proposals for Orange County for that part of the road that takes some of our property, Falcon Trace property, to have the road be less treacherous as drivers are going by so it will be less curvy. Then they also ran by us the idea of extending that sidewalk and one of us said no way would we want to extend that sidewalk because now you are promoting people to come into our development to park, to go down to Orange Avenue and we would rather not have that foot traffic. That opened it up for us to find out why we even have the sidewalk, no one knew why it was there and I didn't know it was part of the CDD. The HOA

4

May 16, 2018	Falcon Trace CDD

would like to know, which you have already said no to, if we could take that sidewalk out to not have the foot traffic that may be proposed later on. Because they are trying to clear out all the plants over there as well so we have a couple homeowners that are uneasy about that.
Mr. Scheerer stated all the infrastructure is back there and as you can see on the map our outfall goes right behind the homes in the wetland preserve area. Unless they are planning on doing some construction there I have no idea, the utilities are all back there.
Ms. Hurst stated so there should have been homes at one point in time. Mr. Scheerer stated those homes are part ofthe District.
Ms. Baron stated it seems weird because that sidewalk just stops and if you want to walk out there you have to go through the grass.
Ms. Hurst stated we own it but we don't utilize it.
Ms. Rigoni stated I can certainly look into it if the Board would like and get back to you by the next meeting.
Ms. Miller stated this is a CDD sidewalk, why doesn't it start at the end of the last house rather than this entire strip that makes it accessible for anyone. The utility people should not have access to a development. They should have access on the other side near Orange Avenue, which makes more sense. This should not be a sidewalk at all, it should just be grass and start somewhere else but definitely not cutting to ownerships. If it is CDD property why do we have it anyway?
Mr. Showe stated we would have to look at the plat.
Ms. Hurst stated originally when we bought into this development there was supposed to be a walkway all the way around the lake so this may have been intended to go all the way around the lake and come back.
Mr. Scheerer stated all it does is serve to access the outfall.
Ms. Baron asked is the sidewalk the only property the CDD owns in that area? You don't own any ofthe grassy part behind the homes.
Mr. Scheerer pointed out on a map the CDD property.
Ms. Baron asked the trees that were recently cleared were not on CDD property? Mr. Sche�rer stated I'm not aware ofany trees being cleared.
Ms. Baron stated they said one side stayed the same but the other side there were trees behind there that were recently cleared away, which exposed it to Orange Avenue.

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May 16, 2018	Falcon Trace COD

Ms. Rigoni stated we will have to take a look at that. Mr. Showe stated it is access to the outfall.
Mr. Scheerer stated the property they are developing looks like it is owned by C&O Real Estate Management. They own all the property that abuts Orange Avenue. I don't know why we would want them to tie into us. There should be some sort of barrier. Michelle's office will take a look at it.
Ms. Miller asked ifutilities are utilizing CDD property are we charging them anything for the utilization?
Mr. Showe stated I don't know that the utility companies are using it. Our vendors are
using it to access the outfall structure when they service it.
Ms. Miller stated as long as the County is not utilizing our property for their use.
Mr. Showe stated we will have to look at the plat, sometimes multiple utilities get access. Ms. Hurst asked have the homeowners been impacted with foot traffic?
Ms. Baron stated some of them have raised the issue with the HOA.
Mr. Showe stated it sounds like the issue is if they connected the sidewalk in the future. Ms. Baron stated right.
Mr. Showe stated we will bring back information on that.

EIGHTH ORDER OF BUSINESS	Next Meeting Date
Mr. Showe stated the next meeting is scheduled for July 18, 2018.

On MOTION by Ms. Miller seconded by Ms. Baron with all in favor the meeting adjourned at 6:26 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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SECTION IV

SECTION A

RESOLUTION 2018-02
THE ANNUAL APPROPRIATION RESOLUTION OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT") RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2018, submitted to the Board of Supervisors ("Board") of the Falcon Trace Community Development District ("District") proposed budget ("Proposed Budget") for the fiscal year beginning October 1, 2018 and ending September 30, 2019 ("Fiscal Year 2018/2019") 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 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 ofthe Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate suchsums ofmoney as the Board deems necessary to defray all expenditures ofthe 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 FALCON TRACE 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, and hereby approves certain amendments thereto, as shown in Section 2 below.
1

The Proposed Budget, attached hereto as Exhibit "A," as amended by the Board, 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, 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 Falcon Trace Community Development District for the Fiscal Year Ending September 30, 2019."
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 2 years.
SECTION 2. APPROPRIATIONS
There is hereby appropriated out ofthe revenues ofthe District, for Fiscal Year 2018/2019, the sum of $ 818,146 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	$	37__8.._,5__70

DEBT SERVICE FUND (SERIES 2007)

$	....;.4""-39

,;:;..57:..;:6	_

CAPITAL RESERVE FUND(S) TOTAL ALL FUNDS
SECTION 3. BUDGET AMENDMENTS

$ 	0	
$	81___8..._,1__4___6	_

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2018/2019 or within 60 days following the end of the Fiscal Year 2018/2019 may amend its Adopted Budget for that fiscal year as follows:
The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations ofthe fund do not increase.
The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

2

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.
Any other budget amendments shall be adopted by resolution and consistent with Florida law.
The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District's website within 5 days after adoption and remain on the website for at least 2 years.
SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED TIDS 15th DAY OF AUGUST, 2018.

ATTEST:

Secretary/Assistant Secretary

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT

By 	 	
Its:___ 	__ 	_ 	__

3

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Falcon Trace
Community Development District Proposed Budget
FY 2019

Table of Contents

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2-5

6

7

8

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

Falcon Trace
Communit)• Develol!ment District
General Fund Budget
Fiscal Year 2019

ADOPTED	ACTUAL	NEXT	PROJECTED	PROPOSED BUDGET		THRO		2		THRO		BUDGET
 	FY 2018	7/31/18	MONTHS	9/30/18	FY 2019	

$24

$833

$175

$25

$500

$242,806

REVENUES:		
Maintenance Assessments	$355,855	$364,593	$0	$364,593	$355,855	
Miscellaneous Income	$1 ,000	$1,870	$600	$2,470	$2,000	
Interest Income	$0	$103		$127	$0	
TOTAL REVENUES	$356,855	$366,566	$624	$367,190	$357,855	
EXPENDITURES:						
Administrative:						
Supervisors Fees	$8,000	$4,000	$2,000	$6,000	$8,000	
FICA Expense	$612	$306	$153		$612	
Engineering Fees	$5,000		$0	$0	$1 ,000	
Dissemination	$1 ,000		$167	$1,000	$1 ,000	
Assessment Roll	$5,000	$5,000		$5,000	$5,000	
Arbitrage Rebate	$600	$0	$600	$600	$600	
Attorney Fees	$15,000	$10,407	$1,200	$11,607	$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	$41,760	$8,352	$50,112 	$51,615	
Information Technology	$1,450	$1,208	$242	$1 ,450	$1,450	
Telephone	$100	$6	$10	$16		
Postage	$1 ,000	$112 	$40	$152	$500	
Printing and Binding	$1 ,500	$1 82	$90	$272	$800	
Insurance	$11,200	$10,654	$0	$10,654	$11 ,800	
Legal Advertising	$2,500	$804	$1 ,644	$2,500	
Contingency	$1,200	$815	$217	$1,032	$1 ,200	
Property Appraiser	$1 ,000	$902	$0	$902	$1,000	
Office Supplies	$800	$63		$88		
Dues, Licenses, & Subscriptions	$175		$0	$175	$175	
TOTAL ADMINISTRATIVE	$114,049	S80J28	$18.272	$98,600	Sll0,452	
Maintenance:						
Field Management	$18,780	$15,650	$3,130	$18,780	$1 9,343	
Property Insurance	S6,870	$6,245	$0	$6,245	$6,870	
Pool StaffPayroll	$76,000	$52,550	$14,510	$67,060	$76,000	
Security	$1 ,070	$1,199	$252	$1 ,451	$1,500	
Telephone Expense	$2,000	$1,552	$324	$1,876	$2,200	
Electric	$18,900	$13,723	$3,000	$16,723	$18,900	
Irrigation/Water	$1 3,500	$6,3 19 		$7,219 	$13,500	
Lake Maintenance	$8,600	$3,300	$2,600	$5,900	$8,600	
Pest Control	$650		$650	$650	$650	
Pool Maintenance	$32,000	$19,752	$3,200	$22,952	$27,020	
Grounds Maintenance	$33,000	$23,442	$4,5 11 	$27,953	$33,000	
General Facility Maintenance	$10,000	$5,946	$2,000	$7,946	$10,000	
Refuse Service	$4,080	$3,560	$800	$4,360	$4,800	
Field Contingency	$5,000	$350	$0	$350	$5,000	
Transfer Out - Current Year	$12,356	$12,356	$0	$1 2,356	$20,0 19	

TOTAL MAINTENANCE	 	SJS,877	$201,821	S247,403 

S246J72

S3S7,85S

TOTAL EXPENDITURES	 	S356..855	S54,149	$300,422 

EXCESS REVENUES (EXPENDITURES)	so	Sl20J93

S66,768	so

{SSJ,525}

Net Assessments	$355,855 Add: Discounts & Collections 		$22.714 Gross Assessments	$378.569
Total Units	902
Per Unit Assessment	s	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 for the operating expenditures during the fiscal year.
MISCELLANEOUS INCOME
The District willreceive income from guest fees, including rental income andpool access cards.
EXPENDITURES:
ADMINISTRATIVE:
SUPERVISORS FEES
The Florida Statutes allows each supervisor to be paid per meeting, for thetime 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 15c2-12(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 Special 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.

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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 andfacsimile 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 ofEconomic 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.

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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 ofthe security system to the recreation center.

SAFETOUCH CONTINGENCY

DESCRIPTION

MONTHLY AMOUNT

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

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

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

DESCRIPTION DUKE ENERGY - ACCOUNT # 63686 1 8371

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

DESCRIPTION
ORANGE COUNTY UTILITIES - ACCOUNT # 0038166200

4

MONTHLY AMOUNT
$1,575

MONTHLY AMOUNT
$1,125

ANNUAL AMOUNT
 	$18,900
$18,900

ANNUAL AMOUNT
$13,500
$13,500

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

LAKE MAINTENANCE
Maintenance consists oftreatment 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	
DESCRIPTION	AMOUNT	AMOUNT	
ROBERTS POOL SERVICE AND REPAffi INC	$600	$7,200	
POOL MAINTENANCE	$1,000	$12,000	
CONTINGENCY		 	$7,820	
 	$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 of repairs or replacement ofdamaged areas.

	MONTHLY	ANNUAL	
DESCRIPTION	AMOUNT	AMOUNT	
REW LANDSCAPE CORP	$2,256	$27,067	
IRRIGATION REPAffiS		$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.

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Falcon Trace
Communitv Development District
Capital Reserve Fund
Fiscal Year 2019

ADOPTED BUDGET
FY 2018	ACTUAL THRU
07/31/18	NEXT
2
MONTHS	PROJECTED PROPOSED THRU	BUDGET
9/30/18	FY 2019		

REVENUES:		
Transfer In	$12,356	$12,356	$0	$12,356	$20,019	
Interest	$150	$152	$32	$1 84	$150	
Beginning Fund Balance	$261 ,504	$276,499	$0	$276,499	$234,1 97	
TOTAL REVENUES	$274,010	$289,007	 	$32	$289,039	$254,366	
EXPENDITURES:						
Pool Furniture	$1 0,000	$15,080	$5,000	$20,080	$10,000	
Building Renovations	$25,000	$9,625	$10,000	$19,625	$25,000	
Awning	$0		$15,080	$15,080	$0	
Transfer Out	$0		$10 	$57	$0	
TOTAL EXPENDITURES	$35,000	$24,752		$54,842	$35,000	

$219,366

EXCESS REVENUES	 	$239,010	$264,255	($30,058)	$234,197	

6

Falcon Trace
Community Development District
Debt Service Fund Series 2007
Fiscal Year 2019

REVENUES:
Assessments - On Roll Interest Income Transfer In
Beginning Fund Balance
TOTAL REVENUES

EXPENDITURES:
Interest - 1 1/1 Principal - 5/1 Interest - 5/l
TOTAL EXPENDITURES

ADOPTED BUDGET FY 2018

$4 13,660
$300
$0
$237,261
$651,222

$25,988
$370,000
$25,988
$421,975

ACTUAL THRU 07/31/18

$634

$423,817
$47
$237,296
$661,794

$25,988
$370,000
$25,988
$421,975

NEXT 2
MONTHS

$95

$0
$11 
$0
$106

$0
$0
$0
so

PROJECTED PROPOSED THRU	BUDGET
9/30/18	FY 2019

$423,817	$413,660
$729	$300
$58	$0
$237,296	$239,924
$661,899	$653,885

$25,988	$1 7,663
$370,000	$385,000
$25,988	$17,663
$421,975 	$420,325

EXCESS REVENUES

 	$229,247	$239,819	$106	$239,924 	$233 560 
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

7

FALCON TRACE
Community Development District SERIES 2007 SPECIAL ASSESSMENTS BONDS
DEBT SERVICE SCHEDULE

AMORTIZATION SCHEDULE

DATE

BALANCE	RATE	PRINCIPAL	INTEREST

TOTAL

1 1/01/1 8	$785,000.00	4.500%	$0.00	$1 7,662.50	$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	
			$785,000.00	$53,325.00	s1,234.312.so 1	

8

SECTION 8

RESOLUTION 2018-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2018/2019; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Falcon Trace 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 Orange 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 1 90, 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, 201 8 and ending September 30, 2019 ("Fiscal Year 2018/2019"), attached hereto as Exhibit "A" and incorporated by reference herein; 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 ofthe 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 201 8/2019; 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 ofthe County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Falcon Trace Community Development District ("Assessment Roll") attached to this Resolution as Exhibit "B" and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, 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 FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. BENEFIT & ALLOCATION FINDINGS. The Board hereby finds and determines that the provision ofthe 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, as shown in Exhibits "A" and "B," 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.
SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits "A" and "B." 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 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 ofthis Resolution shall not affect the validity or enforceability ofthe remaining portions ofthis 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 15m DAY OF AUGUST, 2018.

ATTEST:

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:_

_ 	_	 	

Its:------------

Exhibit A: Exhibit B:

Budget Assessment Roll

SECTION V

SECTION 8

SECTION 1

Falcon Trace
Community Development District
Check Register Summary
May  10, 2018 to August 7, 2018

Fund	Date	Check No.'s	Amount	
General Fund	5/18/18	3715-3718	$	2,741.37	
	5/22/ 18	3719	$	645.00	
	5/23 /18	3720-3721	$	7,000.74	
	5/30 /18	3722-3724	$	1,628.15	
	6/4/18	3725	$	30.00	
	6/6/18	3726	$	6,039.72	
	6/11 /18	3727-3730	$	2,968.80	
	6/12/18	3731	$	3,564.84	
	6/18/18	3732	$	2,255.60	
	6/21 /18	3733	$	3,071.19	
	6/25 /18	3734-3736	$	4,194.10	
	6/27/18	3737	$	12,200.05	
	7/2/18	3738-3739	$	330.00	
	7/6/18	3740	$	5,950.66	
	7/9 / 18	3741-3744	$	3,153.10	
	7/16/18	3745-3747	$	1,055.86	
	7/17/18	3748	$	5,571.66	
	7/24/18	3749	$	422.64	
	7 /27/18	3750	$	7,889.08	
	8/1 /18	3751	$	226.95	
	8/6/18	3752	$	5,975.83	
			$	76,915.34	
Capital Projects Fund	6/25 /18	15	$	9,625.00	
	7/16 /18	16	$	15,080.00	
			$	24,705.00	
Payroll	May 2018			
Carole Miller	50294	$	184.70	
Felix Kutlik	50295	$	184.70	
Kathy Stark	50296	$	184.70	
Sara Hurst	50297	$	184.70	
Susan Baron	50298	$	184.70	
		$	923.50	

$	102,543.84 1

BANK A FALCON TRACE COD

A* P* 3* 0C0RHECK  DATES   05/10/2018   -   08/07/201Y8EA* R* *-TO-DATEFAALCCONUNTRSAPCAEYACOBLDE-GPERNEEPARALID/CFUOMNPDUTER  CHECK  REGISTER	RUN	8/07/18	PAGE	1

CDHAECTKE

VEND#	. • D• A• T• EINVOICNEVO• I• C• E. •   • Y• R• MEOXPENDPSETDATCCOT.#. . SUB	SUBCLASS

VENDOR NAME

STATUS	AMOUNT

A• M. O. U• CNHTECK • • #. • . 

5/18/18 00079 

5/18/18 00071 

4/30/18   9M6T6H1LY  LAK2E0 1M8A04INT3 2-0 -A5P3R8 01 80-47000 
-  - -  - - - -  - - - - - -  - - - - -AQ-UATIC  WEED  MANAGEMENT, 5/01/18   7M2T4H0L8Y7   POO2L0 1L8A0N5DS3C2A0P-5M3A8Y0 01 -8 47500 
5/08/18   7 2IR4R1 5IG3ATIO2N0 1R8P0R5S3250/-25/31 800-4 7500 

INC .

*	300 .00

*

- - - -  - -  - - - -  - -3 0-0 -. 0 -0   003715 2,255 . 60
*	71 .8 7

5/18/18 00022 

5/18/18 00090 

- - -  - - - - -  - - -  - -  - -  - -  -RE-W  LANDSCAPE  CORP 4/18/18   3T2A0N0K14RENT2A0L1 8 F0E5E3 2-0M-A5Y3 81080-47400 
- - -  -  - - -  - -  - -  - -  - - - - -SP-IES  POOL ,   LLC
5/12/18   8 S6E7C1U1 R4 6ITY2M0O1N8 0IT5OR3 0IN0G-1J5U5N0 01 -8 10000 

-  - - - - -  - -  - -

*

30 .00

*

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

2, 327 . 47 003716 

30 . 00 003717 

5/22/18 00041 

TERRY 'S ELECTRIC INC

5/11/18 18926 

SAFE TOUCH SECURITY SYSTEMS

*	- - -  -  - - - -  - -  -  - -83 -.9 -0   003718 

5/23/18 00078 

RPLC  DMG2D0I1 S8C0N5 C3T2/I0N-S5T3 8 H0A0 -S47600 
5/21/18   8 94 40 30 10/741 02 0P1 R800 5/2362B0 -IT5/3 8F0A0C-47600 

*	- - -

645 .00
- -  - - -  -  -  -  -6 -45 -. 0-0   003719 268 .0 1

-  - - - - - -  -  -  -  - - - - - - - -DA-TA  EQUIPMENT ,   INC .

*	- - - - - -  - -  - -  - -2 -68 -. 0-1   003720 

5/23/18 00027 

5/22/18   4P6O0OL	201805   320-53800-12200 

6, 732.7 3
-	6,7 32 .73 003721 

-  - - - -  -  -AT-TEND-ANTS-

-- MAY18  - -GO-VERNMENTAL  MANAGEMENT  SERVICES

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

5/30/18 00079 

5/24/18 972 1

-	-	- - -

*	300 .00

5./30/18 00015 

5/30/18 00022 

MTHLY  LAK2E01MA80 5INT3 2 -0 -M5A3Y80 01 -8 47000 
- -  - - -  - -  - - -  -  -  - - -  - - -AQ-UATIC  WEED  MANAGEMENT,   INC . 5/21/18   1B0U0D3G5E1T/AU2 D0 I1T8 0E4NG3A1G0-/E5L1E3C0T0-3 1500 
-  -  - - - - - - -  - - - -  - - - - -HO-PPING  GREEN  &   SAMS 5/02/18   3B2L0E8A1C5H/ SU2L0F1 8/C0Y5AN3U2R0-/S5O3D8 I0U0M-47400 
5/02/18   3 32010 3B5ULK2B0L1E8A0C5H320-53 800-4 7400 

-  - -  - - - - -  - -  -  -3 0-0 -. 0-0   003722 
*	360. 50
-  - - -  -  -  - - - - -  -3-6 0-. 50-  003723 
*	464. 65
*	503 . 00

6/04/18 00022 

- -  - - - - -  - - - - - -  - - -  - -SP-IES  POOL,   LLC 5/18/18   3T2A1N3K09RENT2A0L1 8F0E6E3J2U0N-5 138 00-47400 

-  -  -  - -  -  - -  - - -  -9-67 -. 65-

*

30 . 00

003724 

SPIES POOL , LLC
FALC FALCON TRACE	APEREGRINO

30 . 00 003725 

A*P* 3* 0C0RHECK  DATES   05/10/2018   -   08/07/201Y8EA*R-* TO-DATEFALCCONUNTRSACPEAYCAOBDLE-GPERNEEPRAAILD/CFUOMNDPUTER  CHECK  REGISTER	RUN	8/07/18	PAGE	2

#

*	BANK A FALCON TRACE COD

CHDEACTEK    VEND#	. . D. A. T. EINVOIINCEVO. I. C. E. .    . Y. R. EMXOPENDPSTEDATCOCT. #. . SUB	SUBCLASS

VENDOR NAME

STATUS

AMOUNT

A. M• O• U. NCTHECK . . . . .

6/06/18 00027 

6/01/18   4M6A1NAGEMEN2T0 1F8E0E6 S3J1U0N-1581300-34000 
6/01/18   4I6N1FO  TECH2N0O1L8O0G6Y3 J1U0N- 51 8130 0-35100 
6/01/18   4D6 I1 SSEMINA2 T0 I1O8N0 6FE3E1 0 J-U5N1 31 08 0-31400 
6/01/18 461	201 806 310-51300- 51000 
OFFICE SUPPLIES

*	4,1 76.00
*	120 . 83
*	83 .33
*	. 66
*

6/01/18   4 P6O1STAGE
6/01/18   4 C6O1 PIES

201806 310-51300-42000 
201806 310-51300-42500 

16.2 4
*	43.50
*

6/11/18 00019 

6/11/18 00100 

6/11/18 00022 

6/01/18   4T6E1LEPHONE201806   310-513 00-4 1000 

EMAIL  SERVICE

6/01/18 4 6 1	20 1 806 310-51300-49100 

FIELD MANAGEMENT JUN18

6/01/18 46 2	201 806 320 -5 3 00-12000 

ORLANDO SENTINEL

GOVERNMENTAL MANAGEMENT SERVICES 6/08/18   3N5O9T4 6. 0SU5PER2V0I1S8R05QU3A1L0 -P5E1R3 0IO0D-48000 
5/29/18   4P4O1O6L  MAIN2T0E1N8A0N6CE32J0U-N5 31 8   0 -47400 
5/29/18   4P4O1O6AL  MAIN2T0 1. 80055/1 53 2-05 /53 81 0/ 01 -8 47400 
- - -  - - -  - -  - - -  -  -  - - - - -RO-BERTS  POOL  SERVICE  AND  REPAIR  INC 4/09/18 319896	201 804 320-538 00-4 7400 

6/01/18 

290 BULK BLEACH/DELIVERY
3 24 1 91 58G6L  SU2L0F1U8 R0 6IC3A2 0C-ID53800-47400 
6/01/18 322188	201806 320-53800-47400 

6.4 1
*	27 . 75
*	1,565 . 00
- - - - - - -  - - - -6 -, 03-9 -. 7-2   003726 
*	392 .50

*

-  -  -  - -  - -  -  -  - - -3 -92 -.5 -0   003727 
600. 00
*	300 . 00

*

-  -  -  - - -  - -  - -  - -9-00 -. 0 -0   003728 
486 .50
*	219 .80
*	470 . 00

- - - -

280  BULK-BL-EA-CH-/DEL-IV-ERY	SPIES  POOL,   LLC

- -  - - - - - -  -  - -1 -, 1 -76 -. 3 -0   003729 

6/11/18 00094 

- - - -

-	- - - -

*	500 . 00

6/12/18 00054 

5/22/18   7M0O1N6T9HLY  P2O0O1L80S5EV3 2IC0E--5M3A8Y0 01 -8 47400 
- -  - - - - - - -  -  - - - - -  - - -TH-REE  GUYS  POOL  SERVICE  &  REPAIR 6/11/18   0F6Y1 1280T1A8X2A0S1M8N0T6  O3 0S0 2-020 7 00-10000 
FALCON TRACE COD C/0 US BANK
FALC FALCON TRACE	APEREGRINO

- - - - - -  - - - - - -5-00-. 0-0   003730 3, 564 . 84

*

3,564 . 84 003731 

A* P* 3* 0C0RHECK  DATES   05/10/2018   -   08/07/201Y8EA* R* *-TO-DATEFALCCONUNTRSAPCAEYACDBLDE-GPERNEEPRAAILD/FCOUMNDPUTER  CHECK  REGISTER	RUN	8/07/18	PAGE	3

#

BANK  A  FALCON  TRACE  CDD

CDHAECTKE

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

VENDOR NAME

STATUS

AMOUNT

A• M• O• U. NCTHECK . . . . . 

6/18/18 00071 

6/21/18 00054 

6/01/18   7M2T4H2L3Y7   POO2L0 1L8A0N6 DS3C2A0P-5J3U8N0 01 -8 47500 

REW LANDSCAPE CORP

6/20/18   0F6 2Y0182 0O1R8AN2G0E1 8C0T6Y3O0 0S-2 0 07 700-10000 

*	2, 255 . 60
- - - - - - - - - - -2-,2 -55 -. 6 -0   003732 
*	3,071 . 1 9

6/25/ 18 00015 

FALCON TRACE COD C/0 US BANK
6/22/18 100968	201805 310-51300-3 1500 
PREP/ATTEND MTHLY MTG
6/22/18   1T0R0A9R6C9   C/B2U0D1G8E0T5 /P3O1O0L-5M1 3A0IN0T-3 1500 

- - - - -  - - - - - -3 -, 07-1-. 1 9-
*	1,5 77 .90
*	2, 096 . 25

003733 

- - - - - - - - - - - - - - - - - -H-OPPING  GREEN  &  SAMS

*	- - - - - - - - - - -3-, 6 -74 -. 1 -5   003734 

6/25/18 00022 

6/25/18 00090 

6/ 15/18   3 28 805B7ULK2B0L1E8A0C6H3/D2E0L-I5V3E8R0Y0-47400 
- - - - - - - - - -  - - - - - - - -SP-IES  POOL ,   LLC
6/12/18   8 P7L4A0T0 2IN6UM2M0O1 8N0IT6OR3 0IN0G- 1 J5U5L0 0l-B 10000 

*	- - - - - -

470. 00
-  - - -	470 . 00 003735 
49 .95

- - - - - - - - - - - - - - - - - -SA-FE  TOUCH  SECURITY  SYSTEMS

*	- - - - - - - - - -

49 . 95 003736 

6/27/18 00027 

6/26/18   4P6O5OL  ATTE2N0D1A8N0T6 S3 -2 0J-U5N3 81 08 0-12200 
- - - - - - - - - - - - - - - - - -GO-VERNMENTAL  MANAGEMENT  SERVICES

*	- -

12, 200 . 05
- - - - - - - - -12 -, 2 -00 -. 0-5   003737 

7/02/18 00079 

6/28/18   9M9 T5H9LY  LAK2E0 1M8 A0 6INT3 2 -0 -J5U3N8 0108-47000 
- - - - - - - - - -  - - - - - - - -AQ-UATIC  WEED  MANAGEMENT,   INC .

*	- -

300 .00
- - - - - - - -

300 . 00 003738 

7/02/18 00022 

7/06/18 00027 

6/18/18   3T2A2N5K38RENT2A0L1 8F0E7E3 J2U0L-5183800-47400 
- - - - - - - - - - - - - - - - - -SP-IES  POOL ,   LLC 7/ 02/18   4M6A3NAGEMEN2T0 1F8 E0E7 S3J1U0L-1581300-34000 
7/02/18   46IN3 FO  TECH2N0O1L8O0G7Y3J1U0L- 51 81300-35100 
7/02/18   4 D6 3ISSEMINA2 T0I1O8N07FE3E1 0J-U5L1 3108 0-31400 
7/ 02/18   4O6F3 FICE  SU2P0P1L8 0IE7 S 310-51300-51000 

*	- - - -
*
*
*

30 .00
- - - - - -
4, 176 . 00
120 . 83
83 . 33
.33

30 . 00 003739 

7/02/18   4P6O3STAGE

201807 310-513 00-42000 

*	5. 17

7/02/18   4 F6 I4ELD  MAN2A0G1E8M0E7NT3 2J0U-L5 31 8

0 -12000	*
GOVERNMENTAL MANAGEMENT SERVICES FALC FALCON TRACE	APEREGRINO

1, 565 . 00

5, 950 . 66 003740 

AP300R	YEA* R* -TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	8/07/18	PAGE	4

*** CHECK DATES 05/10/2018 - 08/07/2018 

*	FALCON TRACE CDD -GENERAL FUND BANK A FALCON TRACE CDD

CHDAECTKE

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

VENDOR NAME

STATUS

AMOUNT

A. M• O. U. NCTHECK . . #. • . 

-

7/09/18 00001 

6/30/18 Sl02264	201806 320-53800-47600 

*	120 . 00

-

- - -

- - - -

R-PR-

CE-SS  CONTRO-L-SY-ST-EM- -A-CCESS  CONTROL  TECHNOLOGIES	-

120 .00 003 741 

7/09/18 00100 

7/09/18 00071 

7/03/18   4P4O6O1L  MAIN2T0E1N8A0N7CE3 2J0U-L5 138 00-47400 
- - - - - -  - - - -  - - - - - - - -R-OBERTS  POOL  SERVICE  AND  REPAIR  INC
7/01/ 18   7L2A4N3D6S9CAPE2 0M1A8 0IN7T3 J2U0L- 51 83800-47500 

*	600.00
- - - - -  - - -  - - - -6-00 -. 00-
*	2,255 . 60

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

003742 

7/09/18 00022 

7/16/18 00095 

- - - - - - - - - -  - - - - - -  - -RE-W  LANDSCAPE  CORP 6/14/18   3 21 3C5E3R7AMIC2 0W1G8 H0T6-W3 2. 0l -/ 45 3" C8L0 I0P-4 7400 
- - - - - -  - - - -  - - - - - -  - -SP-IES  POOL,   LLC
7/1 1/18   4 I3N0S8T . ALUM2 0. P1O8 S0T7   C3 L2 0IP-/5W3T8R0P0K-47600 

-  - - - - - - - - - -2 -,2 -55 -. 6 -0   003743 
*	177 . 50

*

-  - - - - - - -  - - - -1-77 -. 5 -0   003744 
245 .00

7/16/18 00022 

- - - - - - - - - -  - - - - - - - -BE-RRY  CONSTRUCTION  INC .
7/ 02/18   3 24 3G5L78SULF2U0R1 8IC07A3C2ID0 -/B5I3C8A0R0B-47400 

-  - - - - - - - - - - -2 -45 -. 00-
*	254. 75
*

003745 

7/16/18 00090 

7/17/18 00054 

7/24/18 00015 

7/ 02/18   3 28 709B4ULK2B0L1E8A0C7H/3D2E0L-I5V3E8R0Y0-4 7400 

PLATINUM  MONITORING  AUG1 8 

- - - - - - - - - - - - - - - - - -SP-IES   POOL,   LLC 7/ 12/18 88085 2 1	201 8 0 7 3 0 0 -1550 0 -10000 

SECURITY  MONITORING  AUG1 8

7/12/18 8 8 0 8 5 2 1   2 0 1 8 0 7 3 0 0 -1550 0 -10000 

FY1 8  ORANGE  CTY  TAX  ASMNT

SAFE TOUCH SECURITY SYSTEMS 7/16/18 07 1 6 2 018 201807 300 -20700 -10000 
FALCON TRACE CDD C/0 US BANK
7/ 18/18   1R0V1W4 2. E0LEC2T0IO1 8N0S6/CO3R1R0E-S5P1 3/A0D0A-3 1500 

470 .00
- - - - - - - - - - - -7 -24 -. 75- 003746 
*	49 .95
*	36 . 16
- - -  - -  - - - - -	86 . 11 003747 
*	5,571 .66
- - - - - - - - - -  -5-, 5-71 -. 6 -6   003748 
*	422 . 64

7/27/18 00027 

- - - - - - - - - - - - - - - - - -HO-PPING  GREEN  &   SAMS
7/24/18   4P6O8OL  ATTE2N0D1A8N0T7S 3-2 0J-U5L3 81 800-12200 

- - - - - - - - - - - -4 2-2-. 64-
*	7,889 . 08

003749 

8/01/18 00022 

- - - - - - - - - - - - - - - - - -GO-VERNMENTAL  MANAGEMENT  SERVICES
7/ 03/18   3 21 4P3O6O6L  PU2T0T1 Y8 027  P3A2R0T-53800-47400	*
FALC FALCON TRACE	APEREGRINO

196 . 95

7,889 .08 003750 

AP300R	YEAR-*TO-DATEFALCCONUNTRSAPCAEYACDBLDE-GPERNEEPRAAILD/CFUOMNPDUTER  CHECK  REGISTER	RUN	8/07/18 

PAGE	5

*** CHECK DATES 05/10/2018 - 08/07/2018 ** 

BANK A FALCON TRACE CDD

CDHAECTKE    VEND#	. . D. A. T. EINVOINCEVO• I. C. E. .   • Y. R. MEXPENDPSTEDATCCOT.#. . SUB	SUBCLASS  VENDOR  NAME	STATUS

AMOUNT

A. M• O. U. NCTHECK . . . . . 

8/06/18 00027 

7/18/18   3T2A4N1K02RENT2A0L1 8F0E7 E-3A2U0G-51 83800-47400 
SPIES POOL, LLC
8/01/18   4M6A6NAGEMEN2T0 1F8E0E8S 3A1U0G-1581300-34000 
8/01/18   4 I6N6FO  TECH2N0O1L8O0G8Y3A1 0UG- 5118300-35100 
8/01/18   4D6 6ISSEMINA2T0I1O8N08 FE3E1 0A-U5G1 31 800-3 1400 
8/01/18   4O6 F6 FICE  SU2P0P1 8L0IE8 S31 0-51300-51000 
8/01/18   4P6O6 STAGE  201808   310-51300-42000 

*	30 . 00

*	4,1 76 . 00
*	120 . 83
*	83 .33
*	. 39
*	23 . 89

#

226 .95 003751 

8/01/18 466	201808 310-51300-41000	*
8/01/18   4T6E7LEPHONE201 808   320-53800-12000	*
FIELD MANAGEMENT AUG18	GOVERNMENTAL MANAGEMENT SERVICES
TOTAL FOR BANK A TOTAL FOR REGISTER

FALC FALCON TRACE	APEREGRINO

6.3 9
1,5 65.00

76,915. 34
76, 9 15. 34

5, 975.83 003752 

CAPITAL PROJECTS

A*P* 3* 0C0RHECK  DATES  05/10/2018   -   08/07/201Y8EA* R* *-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	8/07/18 

#

BANK  C   FALCON  TRACE COD

PAGE	1

CDHAECTKE    VEND#	. . D• A. T. EINVOIINCEVO. I. C. E. .    . Y. R. MEXOPEDNPSETDATCOCT.#. . SUB	SUBCLASS

VENDOR NAME	STATUS

AMOUNT

A• M• O. U. NCTHECK . . . . . 

6/25/18 00095 

7/16/18 00095 

6/14/18 4291	201806 600-53800-60006	*

*

RMV/ INSTALL NEW 5X8 DOOR 6/15/18   4R2P8L7C  DMG2D-0M1 8IS0 S6 IN6G0 0S-O5F3 F8 0IT0-60006 
- - - - - - - - - - - - - - - - - -BE-RRY  CONSTRUCTION   INC .

BERRY CONSTRUCTION INC .

7/11/18   4 I3N0 S9T . CAN2OP0Y1 8/P0O7OL6 0P0A-V5I3L8 0I0ON-60002	*
TOTAL FOR BANK C TOTAL FOR REGISTER

FALC FALCON TRACE	APEREGRINO

5, 345 .00
4,280 . 00

15 ,080 . 00

24,7 05. 00
24 , 705. 00

9, 625 .00 000015 

15 , 080 .00 000016 

SECTION 2

�	.	.	.	.

•	•	•	•	•	•

• • •• • •

tJe• • • v  • • e•'J.

Falcon Trace
Community Development District

Unaudited Financial Reporting July 31, 2018

.	.	.	.	.	.	.	.	.	.	.	.	.	�

Table of Contents

Balance Sheet

Genera I Fund

 	Debt Service Fund

Capital Projects Fund

5-6	Month to Month

Long-Term Debt

Assessment Receipt Schedule

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET July 31, 2018

Governmental Fund	Totals
(memorandum only)
Assets	General	Debt Service	Capital Projects	2018
Cash - Wells Fargo	$249,811	----------	$249,811
Cash - SunTrust	$237,836	$237,836
Investments
Custody Account	$57,741	$57,741
Series 2007
Revenue Account	$237,726	$237,726
Redemption Account Cost of Issuance
Prepaid Expense	
$136	$2,093	---------
$26,419	$2,093
$26,419
$136	
otal Assets	$307,688	$239,819	$264,255	$8......,	
Liabilities					
Accounts Payable	$227			$227	
Fund Equity					
Fund Balances					
Unassigned
Restricted for Debt Service Restricted for Capital Projects	$307,461	$239,819	
$264,255	$307,461
$239,819
$264,255	
Total Liabilities and Fund Equity	$307,688	$239,819	$264,255	$811,	

Revenues;

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Statement oGf REeNvEeRnALuesFUanNdDExpenditures For Period Ending July 31, 2018
 	General Fund	Prorated Budget	Actual	
 	B	et	Thru 07/31/18	Thru 07/31/18	Variance	

Maintenance Assessments	$355,855	$355,855	$364,593	$8,738
Miscellaneous Income	$1,000	$833	$1,870	$1,037 Interest		$0		$0		$103		$103
Total Revenues		$356,855	$356,688	$366,566		$9,877 I
Expenditures;
Administrative;

$4,000

Supervisors Fees	$8,000	$6,667	$2,667
FICA Expense	$612	$510	$306	$204

$833

Engineer	$5,000	$4, 167	$0	$4,167
Dissemination	$1,000	$833	$0
Assessment Roll	$5,000	$5,000	$5,000	$0
Arbitrage Rebate	$600	$0	$0
Attorney Fees	$15,000	$12,500	$10,407	$2,093
Arinual Audit	$3,400	$3,100	$3,100	$0
Trustee Fees	$4,400	$0	$0	$0
Management Fees	$50,112	$41,760	$41,760	$0
Information Technology	$1,450	$1,208	$1,208	$0
Telephone	$100	$83	$6	$77
Postage	$1,000	$833	$112	$721
Printing and Binding	$1,500	$1,250	$182	$1,068
Insurance	$11,200	$11,200	$10,654	$546
legal Advertising	$2,500	$2,083	$804	$1,280
Contingency	$1,200	$1,000	$815	$185
Property Appraiser	$1,000	$1,000	$902	$98

$175

Office Supplies	$800	$667	$63	$603
Dues, Licenses, Subscriptions	$175	$175	so
Total Administrative		$114,049	$94,037	$80,328	$13,708 I Majntenance;
Field Management	$18,780	$15,650	$15,650	$0
Property Insurance	$6,870	$6,870	$6,245	$625
Pool Staff Payroll	$76,000	$63,333	$52,550	$10,783
Security	$1,070	$892	$1,199	($307)
Telephone Expense	$2,000	$1,667	$1,552	$114
Electric	$18,900	$15,750	$13,723	$2,027
Irrigation/Water	$13,500	$11,250	$6,319	$4,931

so

lake Maintenance	$8,600	$7,167	$3,300	$3,867
Pest Control	$650	$542	$542
Pool Maintenanee	$32,000	$26,667	$19,752	$6,915
Grounds Maintenance	$33,000	$27,500	$23,442	$4,058

General Facility Maintenance	$10,000

$5,000

Refuse Service	$4,080

$3,400
$4,167

$5,946	$2,387
$3,560	($160)

Field Contingency
Transfer Out

$12,356	$12,356

$350	$3,817
$12,356	$0

Total Maintenance		$242,806	$205,543	$165,944	$39,599 I
Total Expenditures	 	$356,855	$299,580	$246,272	
Excess Revenues (Expenditures)		$0	$120,293		1
Fund Balance - Beginning		$0	$187,168		1
Fund Balance - Ending		$0	$307,461		1
2

Revenues:

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE 2007
Statement of Revenues & Expenditures For Period Ending July 31, 2018

Adopted	Prorated Budget	Actual
Bud et	Thru 07/31/18	Thru 07/31/18	Variance

Assessments - On Roll	$413,660	$413,660	$423,817	$10,157 Interest		$300		$250
Total Revenues	 	$413,960	$413,910	$424,451		$10,541 I Expenditures:
Interest Expense 11/01	$25,988	$25,988	$0
Principal Expense 05/01	$370,000	$370,000	$370,000	$0
Interest Expense 05/01	$25,988	$0
Total Expenditures	$421,975	$421,975		$0 I	

Transfer In (Out)	
$0	
$0	
$47	
$47	
Excess Revenues (Expenditures)			!$8,015) 			$2,523		 Fund Balance • Beginning	 	$237,261		$237,29                               6	  Fund Balance - Ending	 	$229,247		$239,819	

3

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures For Period Ending July 31, 2018

Revenues:

Adopted	Prorated	Actual
Budget 	Thru 07/31/18	Thru 07/31/18	Variance	

Transfer In	$12,356	$12,356	$12,356		$0 Interest		$150		$125		$152	$27
Total Revenues	 	$12,506	$12,481	$12,508	s21 I
Expenditures:

Pool Furniture	$10,000	$8,333	$15,080	($6,747}
Building Renovations	$25,000	$20,833	$9,625	$11,208
Total Expenditures	 	$35,000	$29,167	$24,705		$4,462 I
Other Sources (Uses)

Transfer In (Out)	$0	$0	($47)	($47)

($47)

Total Other	 $0	$0	

Excess Revenues (Expenditures)	($22,494) 	($12,244)
Fund  Balance • Beginning	 	$261,504	$276,499	
Fund  Balance • Ending	 	$239,010	$264,255	

4

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Oct	Nov	&c	Jan	Feb	March	Apri!	May	June	luly	A':'§	sept	T11_tal
�

$9

Maintenance Assessments		$0	$32,801	$236,599	$16,140	$38,207	$16,636	$13,708	$2,642	$3,067	$4,793	$0	$0	$364,593 Miscellaneous Income	$340		$0		$50		$215		$0		$250		$0		$495		$0		$520	$0	$0		$1,870

Interest

$10

$10	$10

$10	$12	$12	$12	$0	$0	$103

Total Revenues	I	m1i	m,m	�236,658	�16,365	m.m	�16,895	sb,111
Expenditures:
Admfnlstmt/w;

53,il'§	55,325	$a	�	�366i;;:66 I

Supervisors Fees	$1,000	$0	$1,000	$0	$1,000	$0	$1,000	$0	$0	$0	$0	$4,000

$77

$77

FICA Expense

so	$0

$0	$77	$0	$77	$0	$0	$0	$0	$306

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

Dissemination Agreement	$83

$83	$83	$83	$83	$83	$83	$83	$83	$0

$833

$3,674

Assessment Roll	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000

Attorney	$1,686

$110	$1,826	$600	$1,588	$361

$423	$0	$0

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

Management Fees

$4,176	$4,176	$4,176

$4,176

$4,176	$4,176	$4,176	$0	$0	$41,760

Information Technology	$121
Telephone

$121	$121	$121	$121	$121	$121	$121	$121	$0	$0	$1,208
$0	$0	$0	$0	$0	$0	$6	$0	$0	$0	$6

$17

Postage	$11	$11	$3	$2	$31	$4	$20	$9	$16	$0	$0	$112

Printing and Binding

$0	$3	$60	$0	$18

$44	$0	$0	$0	$182

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

$75

Legal Advertising	$0	$0	$0	$208	$0	$0	$393	$0	$0	$0	$0	$804

Contingency	$48

$112	$105	$108	$65

$110	$45	$0	$0	$815

$19

$63

PropertyAppraiser	$902	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

$175

Office Supplies	$1	$21	$0	$0	$0	$20	$1	$1	$0	$0

Dues, Licenses, Subscriptions

$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175

Total Admlnl,lratlve	I	$23,950	�,688	$4,539

$8,294

$4,864	�9,615	$4,979

$0	�	$80,3281 

5

Maintenance

OC1

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Dec	Jan	Fe6	Mari:fi	Af!!II	�al	June	Jul�	A!!!!	See!	Total

Field Management	$1,565	$1,565	$1,565	$1,565	$1,565	$1,565	$1,565

$3,697

Property rnsixance	$6,245	$0	$0	$0	$0	$0	$0

$1,565	$1,565	$0	$0	$15,650
$0	$0	$0	$0

$6,733

Pool Staff Payroll	$6,339

$0	$2,101	$2,116

$6,171

$12,200

$0	$0	$52,550

$84

Security	$81	$81	$81	$131	$490	$84	$84	$84	$0	$0	$0	$1,199
Telephone Expense	$148	$152	$152	$152	$152	$162	$162	$162	$162	$0	$0	$1,552

Electric	$1,422	$1,307	$1,241	$1,205	$1,427	$1,292	$1,442	$1,420	$1,490

$300

Irrigation/Water	$688	$588	$506	$1,180	$444	$484	$1,011	$581	$401	$434

$0	$0
$0	$6,319

lake Maintenance	$900	$300	$300	$300	$300	$300	$300	$300	$0	$0	$0
Pest Control	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Pool Maintenance	$2,721	$1,878	$1,854	$2,810	$1,569	$2,529	$1,798	$1,967	$1,582	$0	$0
Grounds Maintenance	$4,818	$0	$2,256	$2,391	$2,256	$2,256	$2,627	$2,256	$2,256	$0	$0	$23,442

$398

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

$1,465

$1,453	$202	$500	$0	$0

$350

Refuse Service	$232

$341

$344

$391	$391

$0	$0	$3,560

Transfer Out		$0	$0		$0	$0	$12,356	$0	$0	$0	$0		
Total Maintenance	I		$10,988	$10,561		$14,863	$28,937	$16,813	$21,018	$16,263	$0	$0	

Field Contingency	$0	$0

$0	$0	$0	$0	$0

$0	$0	$0	$350

Total Expenditures	I	$49,372

$13,344	$18,169	$20,568	$22,224	$33,801	$26,428	$25,997

$0	$0	$246,272 1

Excess Revenues !Expenditures)	I

$17,134	$223,314	jS11804!	$17,650

1s20,0841

!$22,918)

$0	$0	�120,293 1

6

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
LONG TERM DEBT REPORT

MATURITY DATE:
RESERVE FUND DEFI NITION

SERIES 2007, SPECIAL ASSESSMENT REFUNDING BONDS

5/1/2020
MAXIMUM ANNUAL DEBT SERVICE

RESERVE FUND REQUIREMENT RESERVE FUND BALANCE

COVERED BY FI NANCIAL GUARANTY INSURANCE POLICY
$0

BONDS OUTSTANDI NG - 9/30/13	$2,475,000	
LESS: PRI NCI PAL PAYM ENT 5/1/14	($310,000}	
LESS: PRINOPAL PAYMENT 5/1/15	($325,000)	
LESS: PRINCIPAL PAYM ENT 5/1/16	($335,000)	
LESS: PRINCIPAL PAYMENT 5/1/17	($350,000)	
LESS: PRINCIPAL PAYMENT 5/1/18	($370,000)	
CURRENT BONDS OUTSTANDING	$785,000	

7

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
SPEOAL ASSESSMENT REQIPTS • FY2018 TAX C:OLLEOOR

	Gross Assessments	$	818,633	$	378,569	$	440,064		
	Net Assessments	$	769,515	$	355,855	$	413,660		

Date		
Gross Assessments	
Discounts/	
Commissions	
Interest	
Net Amount	
General Fund	2007
Debt Svc Fund	
Total	
Received	Dist.#	Received	Penalties	Paid	Income	Received	46.24%	53.76%	100%	
11/3/16	1	$	7,682.66	$ 365.05	$	$	$ 7,317.61	$	3,383.96	$ 3,933.65	$	7,31 7.61	
1119117	2	$	9,995.26	$ 399.85	$	$	$ 9,595.41	$	4,437.31	$ 5,158.10	$	9,595.41	
11 /20/17	3	$	56,267.66	$ 2,250.93	$	$	$ 54,016.73	$ 24,979.53	$ 29,037.20	$ 54,016.73	
12/1 1/17	4	$	169,919.42	$ 6,797.45	$	$	$ 163,121.97	$ 75,434.24	$ 87,687.73	$ 163,1 21 .97	
12/18/17	5	$	20,899.18	$ 836.05	$	$	53.60 $ 20,116.73	$	9,302.79	$ 10,813.94	$ 20,1 16.73	
12/26/17	6	$	342,075.86	$ 13,684.39	$	$	$ 328,391 .47	$ 151,861 .58	$ 176,529.89	$ 328,391 .47	

1/16118	7	$	36,346.40  $  1 ,444.91
2/20/1 8	8	$	86,561 .41    $ 3,405.87
3/1 9/18	9	$	36,126.55   $    944.56
3/1 9/18	INT	$	$
4/16/18	10	$	29.732.76   $	90.90
5/14/18	11	$	5,563.93   $
6/1 1/18	12	$	6,360.62   $
6/1 1/18	INT	$	$
7/16/18	13	$	10,062.84   $
Totals	$	817,594.55 $30 19.96

$	$
$	534.16  $
$	$
$	$
$	$
$	$
$	$
$	$
$	$
$	534.16  $

793.41

149.28
190.82
80.08
301 .89

1 569.08

$  34,901 .49
$  82,621 .38
$  35,181 .99
$	793.41
$  29,641 .86
$   5,713.21
$    6,551 .44
$	80.08
$  10,364.73
S 788,409.51

$	16,139.87  $  18,761 .62   $  34,901 .49
$    38,207.49   $   44,41 3.89   $   82,621 .38
$	16,269.58   $  18,912.41   $  35,181 .99
$	366.91   $	426.50   $	793.41
$    13,707.60   $   1 5,934.26   $   29,641 .86
$	2,642.02    $   3,071.19  $	5,71 3.21
$	3,029.65    $   3,521.79   $	6,551 .44
$	37.03   $	43.05   $	80.08
$	4,793.07   $     5,571 .66   $  10,364.73
s 364,692.64   S 423,816.87   $ 788,409.51

8

SECTION 3

NOTICE OF MEETING DATES FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors of the Falcon Trace Community Development District will hold their regularly scheduled public meetings for Fiscal Year 2019 at 6:00 pm at the Big Hawk Lake Recreation Center, 13600 Hawk Lake Drive, Orlando, Florida 32837  on the third Wednesday of the month as follows:

October 17, 2018
January 16, 2019 March 20, 2019 May 15, 2019 July 17, 2019
August 21, 2019
The meetings are open to the public and will be conducted in accordance with the provisions of Florida Law for Community Development Districts. A copy of the meeting agenda may be obtained from the District Manager at 135 W. Central Blvd., Suite 320, Orlando, FL 32801.

The meeting may be continued to a date, time, and place as evidenced by motion of the majority of Board Members participating. There may be occasions when one or more Supervisors will participate by telephone.

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 forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service 1-800-955-8770, for aid in contacting the District Office.

Each person who decides to appeal any action taken at these meetings 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.

George S. Flint District Manager
Governmental Management Services - Central Florida, LLC

SECTION 4

This item will be provided under separate cover