Falcon Trace
Community Development District Agenda
October 19, 2022

Agenda

Falcon Trace
Community Development District

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

October 12, 2022

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, October 19, 2022, 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 August 17, 2022, Meeting
Consideration of Landscape Maintenance Agreement Renewal- REW Lawn and Irrigation
	Consideration of Lake Maintenance Services Renewal- Aquatic Weed Management, Inc.- provided under separate cover
Consideration of Drainage Proposals, Basketball Courts
Consideration of Proposal from GMS
Consideration of Proposal from REW VII.Consideration with CALM for Staffing of Recreation Facility
Staff Reports
Attorney
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Discussion of Audit FRP
Field Manager’s Report
Supervisor’s Requests
Adjournment

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, August 17, 2022 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	Chairperson
Carole Miller	Vice Chairperson
Kathy Stark	Assistant Secretary by telephone
Sue Marchesi Baron	Assistant Secretary
Perry Shaikh	Assistant Secretary Also Present were:
Jason Showe	District Manager
Michelle Rigoni	District Counsel by telephone
Jared Wright	Field Operations
David Tuel	Head Pool Attendant

The following is a summary of the discussions and actions taken at the August 17, 2022 meeting. An audio copy of the proceedings can be obtained by contacting the District Manager.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the meeting to order and called the roll.

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

August 17, 2022	Falcon Trace CDD

THIRD ORDER OF BUSINESS	Approval of the Minutes of the May 18, 2022
Meeting

On MOTION by Ms. Hurst seconded by Ms. Baron with all in favor the minutes of the May 18, 2022 meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Public Hearing

On MOTION by Ms. Baron seconded by Ms. Stark with all in favor the public hearing was opened.

Consideration of Resolution 2022-04 Adopting the Fiscal Year 2023 Budget and Relating to the Annual Appropriations
Mr. Showe stated Resolution 2022-04 adopts the budget for fiscal year 2023. Behind the resolution is the proposed budget and we were able to keep the assessments level this year. The biggest change is insurance and we are seeing that in all the districts. On the maintenance side we increased all the utilities to make sure we are covered. If we don’t spend those moneys, it will get transferred at the end of the year into capital reserves. We are transferring $70,000 into the capital reserves.
The floor was opened for any public comments on the budget and there being none, the board took the following action.

On MOTION by Ms. Hurst seconded by Ms. Stark with all in favor Resolution 2022-04 Adopting the Fiscal Year 2023 Budget and Relating to the Annual Appropriations was approved.

Consideration of Resolution 2022-05 Imposing Special Assessments and Certifying an Assessment Roll
Mr. Showe stated attached to Resolution 2022-05 is the budget you just adopted and the assessment roll that will be sent to the Orange County tax collector.
There being no comments or questions from the public the board took the following
action.

August 17, 2022	Falcon Trace CDD

On MOTION by Ms. Baron seconded by Ms. Miller with all in favor Resolution 2022-05 Imposing Special Assessments and Certifying an Assessment Roll was approved.

On MOTION by Ms. Miller seconded by Ms. Hurst with all in favor the public hearing was closed.

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

Manager
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 financials was included in the agenda package.

Approval of Fiscal Year 2023 Meeting Schedule

On MOTION by Ms. Miller seconded by Ms. Hurst with all in favor the fiscal year 2023 meeting schedule was approved.

Field Manager’s Report
Mr. Wright reviewed the field manager’s report, copy of which was included in the agenda package.
It was the consensus of the board to have staff move forward with replacing the pool house conduit prior to the next meeting.

SIXTH ORDER OF BUSINESS	Supervisor’s Requests
The board discussed the process of filling Mr. Tuel’s position to ensure a smooth transition.

August 17, 2022	Falcon Trace CDD

SEVENTH ORDER OF BUSINESS	Next Meeting Date
Mr. Showe stated the next meeting will be held October 19, 2022 at 6:00 p.m.

EIGHTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Miller seconded by Ms. Baron with all in favor the meeting adjourned at 6:30 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

October 12, 2022

SSS Down to Earth Opco LLC
REW Lawn and Irrigation
2701 Maitland Center Parkway, Suite 200, Maitland, FL 32751
Phone – 239-610-1311

Jarett Wright
Assistant Field Manager GMS- Central Florida 219 E. Livingston St Orlando Florida 32801
407-841-5524 - office
407-750-3599 - cell
407-839-1526 - fax
JWright@gmscfl.com

Falcon Trace Landscape Maintenance Budget/ Proposal-2023 Effective October 1,2022 thru September 31,2023
Dear Jarett,
Pursuant to your request please find our proposal for full-service Maintenance for October 1, 2022 thru September 31, 2023. This proposal includes all specifications with our current Landscape Maintenance Agreement.

Proposed 2012 -2023: $2,456.75 monthly, $29,481.00 yearly

It has been our pleasure to have had the opportunity to service the Falcons Trace Community. And am looking to do so in the future. Please don’t hesitate to contact me if you have any questions.

Sincerely,
Gary E. Nichipor Business Development REW Lawn and Irrigation
Gary.nichipor@rewdte.com 561-437-7790

Acceptance: 	Date: 	

Section V

to be provided under separate cover

Section VI

Section A

Proposal #243	10/12/2022

	Governmental
Management Services, LLC
Central Florida	
Maintenance Services Phone: 407-750-3599
Email: JWright@gmscfl.com	

TO:
Falcon Trace CDD	Prepared By:
Governmental Management Services- CF, LLC
219 E. Livingston Street Orlando, FL 32801	
Job name and Description	
-Install new drainage along basketball court and connect to existing catch basins. The new lines will run out to the wetlands to help prevent flooding.
-Our 2-man crew will use a 3’ trencher along the west side of the court to help lay between 110’ to 125’ of corrugated piping, and install 3 new catch basins.	

Qty	Description	Unit Price	Line Total	
40	Labor	$47.50	$1900.00	
	Mobilization		$195.00	
	Equipment		$409.00	
	Materials		$415.01	

				

				
				
Total Due:	$2919.01	

All proposals are valid for 30 days from date of completion.

Thank You!

Client: 	

GOVERNMENTAL MANAGEMENT SERVICES 2021 | Proposal

Section B

SSS Down to Earth Opco LLC
REW Lawn and Irrigation
2701 Maitland Center Parkway, Suite 200, Maitland, FL 32751
Phone – 239-610-1311

August 26, 2022

Jarett Wright	Jwright@gmscfl.com
Falcon Trace POOL
C/O Governmental Management Services 6200 Lee Vista Boulevard, Suite 300
Orlando FL 32822

Ref: Falcon Trace – Install Drainage between Playground and Basketball Court

Dear Jarett,

This will serve as our proposal for the following scope of work at the above referenced project.

Location: Between Playground and Basketball Court
(90) Sock Pipe @ $15.50 per linear ft		$1,395.00	
(3) Drain Boxes @ 15.00 each		$ 450.00	
(1) Granite Chips @ $225.00 per ton		$ 225.00	
(3) Site Preparation / Trash Disposal @ $375 each		$1,125.00	
	Total	$3,195.00	

Thank you for choosing REW Lawn & Irrigation to provide you with this proposal. Please forward the approval documentation to allow for scheduling. Please contact me with any questions or concerns.

Sincerely,	Acceptance Signature: 	

Diego Corvalan				
Asst Branch Manager	Printed Name	Date REW Lawn & Irrigation

Section VII

6200 LEE VISTA BOULEVARD, SUITE 300 · ORLANDO, FL 32822 · (407) 841-5524 · FACSIMILE (407) 839-1526

H T T P S : / / C A L M F L A . C O M / 

Amenity Management Proposal For
Falcon Trace Community Development District

Community Association and Lifestyle Management, LLC (“Manager”) is proposing to provide Amenity Management Services
for Falcon Trace Community Development District (“CDD”). Manager will provide the following services

Onsite staffing levels consisting of part time and full-time employees of Manager to meet the current staffing level requirements
Manage and implement rules, regulations, customer service, etcetera as required by the CDD
Prepare quarterly reports for Board of Supervisors
Manage contractors related to the CDD Amenity Center
Provide information periodically to HOA for mass communication to community
Attend and participate in the monthly Board of Supervisors meetings
Work with District Manager in preparation of the annual CDD Amenity and Operations Budget
All other services as required in the final agreement between the Manager and CDD and as requested by Board of Supervisors or homeowners to ensure meets and surpasses all expectations of the community.
Proposed CDD Fees

Annual Management Fee *	$39,000 / $3,250 per month
Part Time Staff – Cost Plus 30% **	Billed on monthly basis
Reasonable reimbursable expenses

*Represents approximately 740 hours onsite staffing per year plus management services. Subject to change each fiscal year as part of CDD annual budget process for adjusted service level requirements.

**Actual personnel compensation x 30% to cover taxes, unemployment, workers’ compensation,
liability, overhead and profit.

Community Association and Lifestyle	Falcon Trace Community Development District Management, LLC

Darrin Mossing	Chairman/Vice Chairman
President

Date	Date

Proposal for Falcon Trace Amenity Management Services - Last Updated 2022-10-10.docx

Section VIII

Section B

Section 1

Falcon Trace
Community Development District
Check Register Summary

August 9, 2022 to October 7, 2022

Fund	Date	Check No.'s		Amount		
General Fund	8/10/22	4342-4346	$		11,428.05	
	8/26/22	4347-4353	$		14,034.55	
	9/2/22	4354-4357	$		4,348.38	
	9/8/22	4358	$		4,000.00	
	9/16/22	4359-4361	$		34,447.41	
	9/21/22	4362-4365	$		1,767.90	
	9/27/22	4366	$		19,045.00	
			$		89,071.29	
Capital Projects Fund	8/10/22	49	$		2,000.00	
	8/26/22	50	$		5,200.00	

$	7,200.00

Total

$

96,271.29

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/12/22	PAGE	1
*** CHECK DATES 08/09/2022 - 10/07/2022 ***	FALCON TRACE CDD -GENERAL FUND
BANK A FALCON TRACE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/10/22 00027	8/01/22 652	202208 310-51300-34000	*	4,563.17
MANAGEMENT FEES - AUG 22
8/01/22 652	202208 310-51300-35200	*	50.00
WEBSITE ADMIN - AUG 22
8/01/22 652	202208 310-51300-35100	*	91.67
INFO TECHNOLOGY - AUG 22
8/01/22 653	202208 320-53800-12000	*	1,710.08
FIELD MANAGEMENT - AUG 22
GOVERNMENTAL MANAGEMENT SERVICES	6,414.92 004342
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/10/22 00110	7/27/22 185218	202207 310-51300-48000	*	213.50
NOT OF BOS MTG - 7/27/22
8/03/22 185623	202208 310-51300-48000	*	213.50
NOT OF BOS MTG - 8/3/22
ORLANDO WEEKLY	427.00 004343
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/10/22 00071	2/01/22 117275	202202 320-53800-47500	*	2,368.38
LANDSCAPE MAINT - FEB 22
REW LANDSCAPE	2,368.38 004344

8/10/22 00022	7/06/22	
	7/06/22	
	7/18/22	
	7/20/22	
	7/20/22	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
386350	202207 320-53800-47400	*	325.85
SULFURIC ACID 15 GAL DEL
386608	202207 320-53800-47400	*	725.00
BULK BLEACH
387104	202208 320-53800-47400	*	30.00
TANK RENTAL FEE
387020	202207 320-53800-47400	*	328.00
SULFURIC ACID 15 GAL DEL
387279	202207 320-53800-47400	*	725.00
BULK BLEACH
SPIES POOL, LLC	2,133.85 004345
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/10/22 00090	7/10/22 11989260 202208 320-53800-34500	*	83.90
SECURITY MONITORING-AUG22
SAFE TOUCH SECURITY SYSTEMS	83.90 004346
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00079	7/29/22 14767	202208 320-53800-47000	*	400.00
MTHLY LAKE MAINT - AUG 22
AQUATIC WEED MANAGEMENT, INC.	400.00 004347
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00027	6/30/22 654	202206 320-53800-47600	*	962.89
GENERAL MAINTENANCE-JUN22
8/19/22 655	202208 320-53800-12200	*	7,921.93
POOL ATTENDANCE - AUG 22
GOVERNMENTAL MANAGEMENT SERVICES	8,884.82 004348
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FALC FALCON TRACE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/12/22	PAGE	2
*** CHECK DATES 08/09/2022 - 10/07/2022 ***	FALCON TRACE CDD -GENERAL FUND
BANK A FALCON TRACE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/26/22 00113	8/11/22 3093896	202207 310-51300-31500	*	63.50
GENERAL COUNSEL - JUL 22
KUTAK ROCK LLP	63.50 004349
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00114	8/01/22 INV13146 202208 320-53800-47500	*	2,368.38 LANDSCAPE MAINT - AUG 22
REW LAWN & IRRIGATION	2,368.38 004350
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00100	8/01/22 7546	202208 320-53800-47400	*	650.00
POOL MAINTENANCE - AUG 22
ROBERTS POOL SERVICE AND REPAIR INC	650.00 004351
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00022	7/20/22 387916	202207 320-53800-47400	*	298.95
REINSTALL TILE/REP. FLOOR
8/04/22 388093	202208 320-53800-47400	*	460.00
SULFURIC ACID 15 GAL DEL
8/04/22 388238	202208 320-53800-47400	*	825.00
BULK BLEACH
SPIES POOL, LLC	1,583.95 004352
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00090	8/10/22 12052915 202208 300-15500-10000	*	83.90
SECURITY MONITORING-AUG22
SAFE TOUCH SECURITY SYSTEMS	83.90 004353
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00079	8/25/22 14906	202208 320-53800-47000	*	400.00
MTHLY LAKE MAINT-AUG22
AQUATIC WEED MANAGEMENT, INC.	400.00 004354
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00114	9/01/22 133750	202209 320-53800-47500	*	2,368.38
LANDSCAPE MAINT-SEP22"
REW LAWN & IRRIGATION	2,368.38 004355
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00100	9/01/22 7607	202209 320-53800-47400	*	650.00
POOL MAINTENANCE-SEP22
ROBERTS POOL SERVICE AND REPAIR INC	650.00 004356
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00022	8/17/22 388678	202208 320-53800-47400	*	900.00
BULK BLEACH
8/18/22 388649	202209 320-53800-47400	*	30.00
TANK RENTAL FEE-SEP22
SPIES POOL, LLC	930.00 004357
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/08/22 00089	9/01/22 33398	202208 320-53800-47600	*	4,000.00
BACKFLOW REPAIRS-AUG22
AARON'S BACKFLOW SERVICES, INC.	4,000.00 004358
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FALC FALCON TRACE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/12/22	PAGE	3
*** CHECK DATES 08/09/2022 - 10/07/2022 ***	FALCON TRACE CDD -GENERAL FUND
BANK A FALCON TRACE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/16/22 00121	9/15/22 09152022 202209 300-36900-10000	*	150.00
REIMBURSEMENT RENTAL FEE
AWILDA RAMOS	150.00 004359
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/16/22 00067	9/12/22 16817	202209 300-15500-10000	*	22,749.00
FY23 10/1/22-10/1/23
EGIS INSURANCE & RISK ADVISORS	22,749.00 004360

9/16/22 00027	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	
	9/15/22	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
656	202209 310-51300-34000	*	4,563.17
MANAGEMENT FEES - SEP 22
656	202209 310-51300-35200	*	50.00
WEBSITE ADMIN - SEP 22
656	202209 310-51300-35100	*	91.67
INFORMATION TECH - SEP 22
656	202209 310-51300-51000	*	.54

202209 310-51300-42000	*	31.10	
202209 310-51300-42500	*	101.85	
202209 320-53800-12000	*	1,710.08	

OFFICE SUPPLIES 656
POSTAGE 656
COPIES 657
FIELD MNGMT - SEP 22
658	202209 300-15500-10000	*	5,000.00
ASSESSMENT ROLL CRTF FY23
GOVERNMENTAL MANAGEMENT SERVICES	11,548.41 004361
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/22 00027	7/31/22 659	202207 320-53800-47600	*	137.50
GENERAL MAINTENANCE JUL22
GOVERNMENTAL MANAGEMENT SERVICES	137.50 004362
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/22 00113	9/16/22 3109377	202208 310-51300-31500	*	723.50
GENERAL COUNSEL - AUG 22
KUTAK ROCK LLP	723.50 004363
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/22 00022	9/01/22 389463	202209 320-53800-47400	*	548.00
SULFURIC ACID 15 GAL
9/01/22 389678	202209 320-53800-47400	*	275.00
BULK BLEACH
SPIES POOL, LLC	823.00 004364
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/22 00090	9/10/22 12119946 202209 320-53800-34500	*	83.90
SECURITY MONITORING SEP22
SAFE TOUCH SECURITY SYSTEMS	83.90 004365
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/27/22 00088	9/27/22 09272022 202209 320-58100-10000	*	19,045.00
FY2022 CAPITAL TRANSFER
FALCON TRACE CDD	19,045.00 004366
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	89,071.29 FALC FALCON TRACE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/12/22	PAGE	4
*** CHECK DATES 08/09/2022 - 10/07/2022 ***	FALCON TRACE CDD -GENERAL FUND
BANK A FALCON TRACE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	89,071.29

FALC FALCON TRACE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/12/22	PAGE	1
*** CHECK DATES 08/09/2022 - 10/07/2022 ***	CAPITAL PROJECTS
BANK C FALCON TRACE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/10/22 00021	7/11/22 INV13041 202206 600-53800-60000	*	2,000.00 INSTALL PLAYGROUND MULCH
REW LAWN & IRRIGATION	2,000.00 000049
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/22 00021	8/04/22 INV13244 202207 600-53800-60000	*	5,200.00 LANDSCAPE ENHANCEMENTS
REW LAWN & IRRIGATION	5,200.00 000050
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK C	7,200.00
TOTAL FOR REGISTER	7,200.00

FALC FALCON TRACE	ZYAN

Section 2

Falcon Trace
Community Development District

Unaudited Financial Reporting
August 31, 2022

Table of Contents

1

2-3

4

5

6

Balance Sheet

General Fund

Capital Reserve Fund

Month to Month

Assessment Receipt Schedule

Falcon Trace
Community Development District Combined Balance Sheet
August 31, 2022

General
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	

272,909	

$	

207,445	

$	

480,353	
Investments:							
State Board Administration	$	159,176	$	-	$	159,176	
Due from Capital Reserve	$	8,992	$	-	$	8,992	
Prepaid Expenses	$	84	$	-	$	84	
Total Assets	$	441,161	$	207,445	$	648,605	

Liabilities:
Accounts Payable	

$	6,161	$	-	

$	6,161	
Due to General Fund	$	-	$	8,992	$	8,992	
Total Liabilites	$	6,161	$	8,992	$	15,153	

Fund Balance:			
Assigned for:
Capital Reserves	
$	-	$	198,453	
$	198,453	
Nonspendable:							
Deposits and Prepaid Items	$	84	$	-	$	84	
Unassigned	$	434,916	$	-	$	434,916	
Total Fund Balances	$	435,000	$	198,453	$	633,452	
					
Total Liabilities & Fund Balance	$	441,161	$	207,445	$	648,605	

Falcon Trace
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/22	Thru 08/31/22	Variance	

Revenues:		
Maintenance Assessments	$	355,855	$	355,855	$	362,864	$	7,009	
Miscellaneous Income	$	100	$	100	$	2,555	$	2,455	
Interest Income	$	100	$	92	$	1,036	$	944	
Total Revenues	$	356,055	$	356,047	$	366,455	$	10,409	

Expenditures:					
General & Administrative:					
Supervisors Fees	$	8,000	$	4,800	$	4,800	$	-	
FICA Expense	$	612	$	367	$	367	$	-	
Engineering Fees	$	1,000	$	917	$	-	$	917	
Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	
Attorney Fees	$	18,800	$	17,233	$	6,555	$	10,678	
Annual Audit	$	3,500	$	3,500	$	3,500	$	-	
Management Fees	$	54,758	$	50,195	$	50,195	$	(0)	
Information Technology	$	1,100	$	1,008	$	1,008	$	(0)	
Website Maintenance	$	600	$	550	$	550	$	-	
Telephone	$	50	$	46	$	-	$	46	
Postage	$	800	$	733	$	62	$	672	
Printing and Binding	$	600	$	550	$	211	$	339	
Insurance	$	12,613	$	12,613	$	11,868	$	745	
Legal Advertising	$	2,500	$	2,292	$	725	$	1,567	
Contingency	$	2,000	$	1,833	$	378	$	1,455	
Property Appraiser	$	1,000	$	917	$	-	$	917	
Office Supplies	$	350	$	321	$	33	$	288	
Dues, Licenses, & Subscriptions	$	175	$	175	$	175	$	-	
Subtotal General & Administrative	$	113,458	$	103,050	$	85,427	$	17,623	

Falcon Trace
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/22	Thru 08/31/22	Variance	

Operations & Maintenance		
Field Management	$	20,521	$	18,811	$	18,811	$	(0)	
Property Insurance	$	9,711	$	9,711	$	9,137	$	574	
Pool Staff Payroll	$	80,628	$	73,909	$	65,564	$	8,345	
Security	$	1,500	$	1,500	$	2,208	$	(708)	
Telephone Expense	$	2,880	$	2,640	$	2,578	$	62	
Electric	$	16,500	$	15,125	$	16,310	$	(1,185)	
Irrigation/Water	$	13,500	$	12,375	$	8,584	$	3,791	
Lake Maintenance	$	9,800	$	8,983	$	5,000	$	3,983	
Pest Control	$	650	$	596	$	-	$	596	
Pool Maintenance	$	30,820	$	28,252	$	27,234	$	1,018	
Grounds Maintenance	$	34,354	$	31,491	$	26,052	$	5,439	
General Facility Maintenance	$	35,000	$	32,083	$	11,829	$	20,255	
Refuse Service	$	6,700	$	6,700	$	7,285	$	(585)	
Field Contingency	$	6,000	$	5,500	$	245	$	5,255	
Subtotal Operations & Maintenance	$	268,564	$	247,676	$	200,837	$	46,839	
				
Total Expenditures	$	382,022	$	350,726	$	286,264	$	64,462	
				
Excess (Deficiency) of Revenues over Expenditures	$	(25,967)	$	80,192		

Other Financing Sources/(Uses):				
Transfer In/(Out) - Capital Reserve	$	(19,045)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(19,045)	$	-	$	-	$	-	
				
Net Change in Fund Balance	$	(45,012)	$	80,192		
				
Fund Balance - Beginning	$	45,012	$	354,808		
				
Fund Balance - Ending	$	-	$	435,000		

Falcon Trace
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/22	Thru 08/31/22	Variance	

Revenues		
Interest	$	150	$	138	$	22	$	(116)	
Total Revenues	$	150	$	138	$	22	$	(116)	

Expenditures:					
Landscape Improvements	$	15,000	$	7,200	$	7,200	$	-	
Restroom Counters	$	7,000	$	-	$	-	$	-	
Pool Deck Resurfacing	$	40,000	$	38,460	$	38,460	$	-	
Fence/Security	$	40,000	$	-	$	-	$	-	
Painting	$	10,000	$	-	$	-	$	-	
Miscellaneous	$	10,000	$	9,386	$	9,386	$	-	
Total Expenditures	$	122,000	$	55,046	$	55,046	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(121,850)		$	(55,025)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	19,045	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	19,045	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(102,805)		$	(55,025)		
					
Fund Balance - Beginning	$	235,947		$	253,477		
					
Fund Balance - Ending	$	133,142		$	198,453		

Falcon Trace
Community Development District Month to Month

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														
Maintenance Assessments	$	-	$	23,403	$	80,587	$	158,747	$	52,798	$	15,627	$	11,221	$	7,454	$	5,984	$	2,175	$	4,870	$	-	$  362,864	
Miscellaneous Income	$	350	$	-	$	100	$	-	$	-	$	200	$	345	$	335	$	430	$	580	$	215	$	-	$	2,555	
Interest Income	$	13	$	13	$	17	$	19	$	19	$	39	$	59	$	114	$	163	$	243	$	337	$	-	$	1,036	
Total Revenues	$	363	$	23,416	$	80,704	$	158,766	$	52,816	$	15,866	$	11,625	$	7,903	$	6,577	$	2,998	$	5,422	$	-	$  366,455	

Expenditures:													
General & Administrative:													
Supervisors Fees	$	800	$	-	$	-	$	1,000	$	-	$	1,000	$	-	$	1,000	$	-	$	-	$	1,000	$	-  $	4,800	
FICA Expense	$	61	$	-	$	-	$	77	$	-	$	77	$	-	$	77	$	-	$	-	$	77	$	-  $	367	
Engineering Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Assessment Roll	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	5,000	
Attorney Fees	$	1,960	$	35	$	1,011	$	535	$	736	$	791	$	65	$	566	$	70	$	64	$	724	$	-  $	6,555	
Annual Audit	$	-	$	-	$	-	$	3,000	$	500	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	3,500	
Management Fees	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	4,563	$	-  $	50,195	
Information Technology	$	92	$	92	$	92	$	92	$	92	$	92	$	92	$	92	$	92	$	92	$	92	$	-  $	1,008	
Website Maintenance	$	50	$	50	$	50	$	50	$	50	$	50	$	50	$	50	$	50	$	50	$	50	$	-  $	550	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Postage	$	6	$	-	$	4	$	4	$	8	$	4	$	8	$	14	$	11	$	3	$	-	$	-  $	62	
Printing and Binding	$	-	$	46	$	-	$	-	$	60	$	-	$	65	$	-	$	41	$	-	$	-	$	-  $	211	
Insurance	$	11,868	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	11,868	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	154	$	-	$	144	$	-	$	214	$	214	$	-  $	725	
Contingency	$	38	$	58	$	32	$	56	$	16	$	-	$	22	$	41	$	23	$	56	$	36	$	-  $	378	
Property Appraiser	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Office Supplies	$	0	$	15	$	0	$	0	$	0	$	0	$	15	$	0	$	1	$	0	$	-	$	-  $	33	
Dues, Licenses, & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	175	
Subtotal General & Administrative	$	24,613	$	4,859	$	5,752	$	9,376	$	6,025	$	6,731	$	4,880	$	6,546	$	4,849	$	5,042	$	6,755	$	-  $	85,427	

Operations & Maintenance													
Field Management	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	1,710	$	-  $	18,811	
Property Insurance	$	9,137	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	9,137	
Pool Staff Payroll	$	7,404	$	2,598	$	1,775	$	2,979	$	2,783	$	5,984	$	9,100	$	8,659	$	8,430	$	7,930	$	7,922	$	-  $	65,564	
Security	$	84	$	84	$	84	$	84	$	84	$	1,369	$	84	$	84	$	84	$	84	$	84	$	-  $	2,208	
Telephone Expense	$	229	$	228	$	228	$	228	$	227	$	240	$	240	$	239	$	239	$	239	$	241	$	-  $	2,578	
Electric	$	1,638	$	1,500	$	1,425	$	1,280	$	1,375	$	1,216	$	1,513	$	1,485	$	1,489	$	1,719	$	1,668	$	-  $	16,310	
Irrigation/Water	$	-	$	896	$	1,583	$	-	$	899	$	1,623	$	-	$	1,650	$	957	$	-	$	977	$	-  $	8,584	
Lake Maintenance	$	400	$	400	$	400	$	1,000	$	400	$	400	$	400	$	400	$	-	$	400	$	800	$	-  $	5,000	
Pest Control	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Pool Maintenance	$	4,932	$	1,559	$	2,162	$	1,812	$	2,822	$	2,123	$	2,571	$	1,670	$	1,635	$	3,083	$	2,865	$	-  $	27,234	
Grounds Maintenance	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	2,368	$	-  $	26,052	
General Facility Maintenance	$	1,273	$	6	$	-	$	-	$	1,688	$	1,005	$	1,393	$	298	$	1,237	$	612	$	4,316	$	-  $	11,829	
Refuse Service	$	568	$	575	$	580	$	580	$	578	$	589	$	629	$	742	$	759	$	841	$	845	$	-  $	7,285	
Field Contingency	$	-	$	-	$	41	$	125	$	-	$	19	$	-	$	61	$	-	$	-	$	-	$	-  $	245	
Subtotal Operations & Maintenance	$	29,743	$	11,925	$	12,356	$	12,166	$	14,935	$	18,645	$	20,009	$	19,366	$	18,909	$	18,987	$	23,796	$	-  $  200,837	
													
Total Expenditures	$	54,356	$	16,784	$	18,108	$	21,542	$	20,960	$	25,376	$	24,888	$	25,912	$	23,758	$	24,028	$	30,551	$	-  $  286,264	
													
Excess Revenues (Expenditures)	$	(53,993)	$	6,632	$	62,596	$	137,224	$	31,856	$	(9,510)	$	(13,264)	$	(18,009)	$	(17,181)	$	(21,031)	$	(25,129)	$	-  $	80,192	

Other Financing Sources/Uses:													
Transfer In/(Out) - Capital Reserve	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-	
													
Net Change in Fund Balance	$	(53,993)	$	6,632	$	62,596	$	137,224	$	31,856	$	(9,510)	$	(13,264)	$	(18,009)	$	(17,181)	$	(21,031)	$	(25,129)	$	-  $	80,192	

Falcon Trace
Community Development District

Gross Assessments	$	378,569.40	$	378,569.40	
Net Assessments	$	355,855.24	$	355,855.24	
	100.00%	100.00%	

Assessment Receipt Schedule Fiscal Year 2022

ON ROLL ASSESSMENTS

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	
Total	

11/8/21	
1	
$	3,432.03	
$	-	
$	(174.68)	
$	-	
$	3,257.35	
$	3,257.35	
$	3,257.35	
11/15/21	2	$	4,616.70	$	-	$	(184.69)	$	-	$	4,432.01	$	4,432.01	$	4,432.01	
11/22/21	3	$	16,368.30	$	-	$	(654.81)	$	-	$	15,713.49	$	15,713.49	$	15,713.49	
12/06/21	4	$	28,959.30	$	-	$	(1,158.51)	$	-	$	27,800.79	$	27,800.79	$	27,800.79	
12/13/21	5	$	41,130.60	$	-	$	(1,645.42)	$	-	$	39,485.18	$	39,485.18	$	39,485.18	
12/20/21	6	$	13,850.10	$	-	$	(554.07)	$	4.73	$	13,300.76	$	13,300.76	$	13,300.76	
01/14/22	7	$	165,361.80	$	-	$	(6,615.26)	$	-	$	158,746.54	$	158,746.54	$	158,746.54	
02/14/22	8	$	42,391.55	$	-	$	(1,685.35)	$	-	$	40,706.20	$	40,706.20	$	40,706.20	
02/23/22	9	$	12,591.00	$	-	$	(499.50)	$	-	$	12,091.50	$	12,091.50	$	12,091.50	
03/14/22	10	$	16,893.80	$	(666.58)	$	(636.97)	$	36.63	$	15,626.88	$	15,626.88	$	15,626.88	
04/11/22	11	$	11,554.76	$	-	$	(334.00)	$	-	$	11,220.76	$	11,220.76	$	11,220.76	
05/13/22	12	$	7,554.60	$	-	$	(100.74)	$	-	$	7,453.86	$	7,453.86	$	7,453.86	
06/15/22	13	$	5,976.04	$	-	$	(8.27)	$	16.52	$	5,984.29	$	5,984.29	$	5,984.29	
07/13/22	14	$	2,111.22	$	-	$	-	$	63.33	$	2,174.55	$	2,174.55	$	2,174.55	
08/15/22	15	$	4,832.41	$	-	$	-	$	37.77	$	4,870.18	$	4,870.18	$	4,870.18	
	TOTAL	$	377,624.21	$	(666.58)	$	(14,252.27)	$	158.98	$	362,864.34	$	362,864.34	$	362,864.34	

100%

Gross Percent Collected

$0.00	Balance Remaining to Collect

Section C

Falcon Trace CDD
Field Management Report

October 12, 2022 Jarett Wright
Assistant Field Manager
GMS

Completed

Backflow Repairs

Underground pipe at the backflow burst and was repaired. Awaiting sod installation.
Inspections were conducted on October 3rd.

Completed

Hurricane Cleanup

Majority of the hurricane damage was cleaned up. Some minor items are still being attended too.
Water problems were resolved, and pool is fully functional.

The damaged tennis court light was repaired and reinforced for stability.
No damaged was sustained from the storm.

Completed

Tennis Court Light Repair

In-Progress

Survey

Survey of the entire CDD property was conducted in September.
Currently waiting for the CAD drawings to be finished.

In-Progress

Landscape Improvements

Reducing the mulch bed around the picnic area tree and replacing with sod. Will transfer current mulch to under the table and fill in with new mulch.
Mulching the border along the pool.

Basketball Court Drainage

Upcoming

Received Proposals to add additional drain lines and catch basins to the basketball court.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-750-3599, or by email at JWright@gmscfl.com. Thank you.

Respectfully, Jarett Wright