Falcon Trace Community Development District
Agenda

October 18, 2023

Agenda

Falcon Trace
Community Development District

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

October 10, 2023

Board of Supervisors Falcon Trace
Community Development District Dear Board Members:
The meeting of the Board of Supervisors of Falcon Trace Community Development District will be held Wednesday, October 18, 2023, at 6:00 PM at the Big Hawk Lake Recreation Center, 13600 Hawk Lake Drive, Orlando, Florida. Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of Minutes of the August 16, 2023 Board of Supervisors Meeting
Staff Reports
Attorney
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Field Manager’s Report
	Ratification of Aquatic Weed Maintenance Services Agreement- Aquatic Weed Management, Inc.
Consideration of Agreement for Pool Maintenance with Roberts Pools
Discussion of Proposals for Bench Installation
Discussion of Proposals for Parking Lot Sealing
PotHole Heroes
Rose Paving
D&C Parking Lot Maintenance
Amenity Manager 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 16, 2023 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
Sue Marchesi Baron	Assistant Secretary
Perry Shaikh	Assistant Secretary Also Present were:
Jason Showe	District Manager
Kate John	District Counsel by telephone
Jarett Wright	Field Operations
Marcia Calleja	CALM

The following is a summary of the discussions and actions taken at the August 16, 2023 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 no comments, the next item followed.

August 16, 2023	Falcon Trace CDD

THIRD ORDER OF BUSINESS	Approval of the Minutes of the July 19, 2023
Board of Supervisors Meeting

Ms. Hurst moved to approve the minutes of the July 19, 2023 meeting as amended. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

FOURTH ORDER OF BUSINESS	Public Hearing

Ms. Hurst moved to open the public hearing. Ms. Baron seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Consideration of Resolution 2023-07 Adopting the Fiscal Year 2024 Budget and Relating to Annual Appropriations
Mr. Showe stated Resolution 2023-07 adopts the fiscal year 2024 budget, there are no assessment increases. We expect about $200,000 in the capital projects fund at the end of the next fiscal year.
No members of the public were present to provide comment.

Ms. Hurst moved to approve Resolution 2023-07. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

August 16, 2023	Falcon Trace CDD

Consideration of Resolution 2023-08 Imposing Special Assessments and Certifying an Assessment Roll
Mr. Showe stated Resolution 2023-08 is the second part of the budget process and attached to this resolution will be the budget you just adopted and the assessment roll and this is what gets transmitted to the Orange County tax collector and those assessments will be on the individual property tax bills.
There are no members of the public present to provide comment. Ms. Hurst stated I thought we had one homeowner who prepaid.
Mr. Showe stated they prepaid the debt service so they only get the O&M assessment on their tax bill.

Ms. Hurst moved to approve Resolution 2023-08. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Ms. Hurst moved to close the public hearing. Ms. Baron seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

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

Manager
Approval of Check Register
Mr. Shaikh asked when do we have an opportunity to look at the invoices? Mr. Showe responded those are sent out with the agenda package.
Mr. Shaikh asked who evaluates the invoice?

August 16, 2023	Falcon Trace CDD

Mr. Showe responded whichever staff member is responsible for the work, in many cases it is Jarett, he will review the invoice and make sure the work has been completed and that it is in accordance with our contract.
Ms. Miller stated every project we entertain we look at it, it is documented, we approve it and then the field staff ensures the work is done.

Ms. Miller moved to approve the check register. Ms. Baron seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Balance Sheet and Income Statement
A copy of the financials was included in the agenda package.

Review of Fiscal Year 2024 Meeting Schedule
Mr. Showe stated we kept the same meeting schedule and included that in the agenda package.

Ms. Hurst moved to approve the fiscal year 2024 meeting schedule. Ms. Baron seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Field Manager’s Report
Mr. Wright gave an overview of the field manager’s report, copy of which was included in the agenda package and the board discussed the types, size, and proposed locations of benches.

August 16, 2023	Falcon Trace CDD

Consideration of Fiscal Year 2024 Landscape Maintenance Proposals
Blade Runners
United Land
Yellowstone Landscaping
Mr. Wright presented the landscape maintenance proposals and after discussion the board took the following action.

Ms. Hurst moved to approve the landscape maintenance proposal from Blade Runners. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Mr. Showe stated we will work with counsel on getting the agreement drafted and we will follow-up with our current vendor to make sure they are aware of the timing.

Consideration of Fiscal Year 2024 Agreement Renewal with Roberts Pools
This item tabled.

Consideration of Pickleball Addition to Tennis Court - GMS
Mr. Wright stated if you choose the two-court option, I recommend you buy the nets and paddles that are sold in sets and they can check them out from the pool attendant.
Ms. Miller stated for now let’s go with one and take it from there. Ms. Hurst stated option one sounds good.

Ms. Hurst moved to approve the proposal from GMS in the amount of $815 to convert one tennis court to a pickleball court. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

August 16, 2023	Falcon Trace CDD

Consideration of Sidewalk Lifting Proposals
Alpha Foundations
LRE Foundations
Ram Jack
Mr. Wright presented the proposals for sidewalk repair and stated the lowest cost is LRE at $1,844.29.

Ms. Hurst moved to approve the proposal from LRE Foundations in the amount of $18,44.29. Ms. Miller seconded the motion. The motion passed on the following roll call vote:
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Amenity Manager’s Report
Ms. Calleja gave an overview of the amenity manager’s report and the board discussed the ongoing issue with off-leash dogs.

SIXTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Shaikh stated I would like to know the attendance at the amenity.
Mr. Showe stated it was in last month’s report and will be in next month’s report, but I will send it to you.

SEVENTH ORDER OF BUSINESS	Adjournment

Ms. Miller moved to adjourn at 6:51 p.m. Ms. Hurst seconded the motion. The motion passed on the following roll call vote.
Ms. Hurst yes. Mr. Shaikh yes. Ms. Baron yes. Ms. Miller yes.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section B

Section 1

Falcon Trace Community Development District

Summary of Check Register

August 2, 2023 through to October 4, 2023

Fund	Date	Check No.'s		Amount		

General Fund
8/3/23	

4476-4479	

$		

4,388.03	
8/11/23	4480-4483	$		20,737.19	
8/17/23	4484	$		2,035.73	
8/24/23	4485-4487	$		1,844.26	
8/31/23	4488	$		992.76	
9/7/23	4489-4493	$		4,762.82	
9/20/23	4494-4495	$		77,536.41	
9/21/23	4496-4500	$		13,875.28	
9/28/23	4501	$		27,874.00	
		$	154,046.48	

Capital Project

8/17/23	59	$
$

6,930.00
6,930.00

Total Amount	$	160,976.48

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/11/23	PAGE	1
*** CHECK DATES 08/02/2023 - 10/04/2023 ***	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	#
8/03/23 00079	7/31/23 16387	202307 320-53800-47000	*	400.00
MTHLY LAKE MAINT - JUL 23
AQUATIC WEED MANAGEMENT, INC.	400.00 004476
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/03/23 00114	7/31/23 INV16451 202307 320-53800-47500	*	456.28
IRRIGATION REPAIRS
8/01/23 INV16435 202308 320-53800-47500	*	2,456.75 LANDSCAPE MAINT - AUG 23
REW LAWN & IRRIGATION	2,913.03 004477
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/03/23 00100	8/01/23 8996	202308 320-53800-47400	*	650.00
POOL MAINTENANCE - AUG 23
ROBERTS POOL SERVICE AND REPAIR INC	650.00 004478
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/03/23 00022	7/25/23 404167	202307 320-53800-47400	*	425.00
SULFURIC ACID
SPIES POOL, LLC	425.00 004479
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/11/23 00124	8/01/23 8	202308 320-53800-12200	*	10,319.00
POOL ATTENDANTS - AUG 23
COMMUNITY ASSOCIATIONS AND	10,319.00 004480
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/11/23 99999	8/11/23 VOID	202308 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 004481

	*	1,520.00	
	*	4,791.33	
	*	62.50	
	*	114.58	
	*	.21	
		*	4.41	

8/11/23 00027	6/30/23	
	8/01/23	
	8/01/23	
	8/01/23	
	8/01/23	
	8/01/23	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
694	202306 320-53800-47600
FIX WALL HOLE/PAINT
692	202308 310-51300-34000
MANAGEMENT FEES - AUG 23
692	202308 310-51300-35200
WEBSITE ADMIN - AUG 23
692	202308 310-51300-35100
INFORMATION TECH - AUG 23
692	202308 310-51300-51000
OFFICE SUPPLIES
692	202308 310-51300-42000
POSTAGE
8/01/23 692	202308 320-53800-47600	*	144.93
LOWES - CLEANING SUPPLIES
8/01/23 692	202308 320-53800-47600	*	104.40
POOL SIGNAGE
8/01/23 692	202308 320-53800-47600	*	140.98
HOME DEPOT-WALL PATCH KIT
8/01/23 692	202308 320-53800-49100	*	64.24
ACDMY SPRTS-BSKTBALL NET
FALC FALCON TRACE	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/11/23	PAGE	2
*** CHECK DATES 08/02/2023 - 10/04/2023 ***	FALCON TRACE CDD -GENERAL FUND
BANK A FALCON TRACE CDD

DATE	DATE	
	8/01/23	
	8/01/23	
	8/01/23	
	8/01/23	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
692	202308 320-53800-49100	*	1,229.58
COOL TODAY-TOLIET REPAIRS
692	202308 310-51300-54000	*	188.89
MICROSOFT YEARLY SUBSCRIP
692	202308 320-53800-49100	*	93.56
AMAZON - TOLIET PAPER
693	202308 320-53800-12000	*	1,795.58
FIELD MANAGEMENT - AUG 23
GOVERNMENTAL MANAGEMENT SERVICES	10,255.19 004482
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/11/23 00022	7/27/23 404300	202307 320-53800-47400	*	163.00

- - - - - - - - 8/17/23 00113	
- - - - - - - - - 8/14/23 3265373
GENERAL	SPIES POOL, LLC
- - - - - - - - - - - - - - - - - -
202307 310-51300-31500	-	-	-	-	-	-	-	-	-	-	-	- -
*	-	-	-	-	-	- - - - -	163.00
- - - - -	004483
- - -	
	8/14/23 3265388	202307 310-51300-31500												*						1,982.73			
	MONTHLY	MEETING - JUL 23																					
		KUTAK ROCK LLP																			2,035.73	004484	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
8/24/23 00019	7/31/23 07708248	202307 310-51300-48000												*						541.86			

SODIUM BICARB/M. ACID

COUNSEL - JUL 23

53.00

NOT OF BUDGET HEARING

ORLANDO SENTINEL COMMUNICATIONS LLC	541.86 004485

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/24/23 00022	8/16/23 405216	202308 320-53800-47400	*	390.00
SODIUM BICARB/SULFUR ACID
8/16/23 405451	202308 320-53800-47400	*	795.00
BULK BLEACH
8/18/23 405297	202308 300-15500-10000	*	30.00
TANK RENTAL FEE
SPIES POOL, LLC	1,215.00 004486
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/24/23 00090	8/10/23 12807645 202308 300-15500-10000	*	87.40
SECURITY MONITORING SEP23
SAFE TOUCH SECURITY SYSTEMS	87.40 004487
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/31/23 00027	7/31/23 695	202307 320-53800-47600	*	992.76
DRAIN CLEANING/FENCE/SIGN
GOVERNMENTAL MANAGEMENT SERVICES	992.76 004488
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/07/23 00079	8/30/23 16526	202308 320-53800-47000	*	400.00
MTHLY LAKE MAINT AUG23
AQUATIC WEED MANAGEMENT, INC.	400.00 004489
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/07/23 00130	8/30/23 08302023 202308 320-53800-49100	*	461.07
SIDEWALK LFTING 25% DEPOS
LRE FOUNDATION REPAIR LLC	461.07 004490
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FALC FALCON TRACE	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/11/23	PAGE	3
*** CHECK DATES 08/02/2023 - 10/04/2023 ***	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	#
9/07/23 00114	9/01/23 INV16708 202309 320-53800-47500	*	2,456.75 LANDSCAPE MAINT - SEP 23
REW LAWN & IRRIGATION	2,456.75 004491
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/07/23 00100	9/01/23 9067	202309 320-53800-47400	*	650.00
POOL MAINTENANCE - SEP 23
ROBERTS POOL SERVICE AND REPAIR INC	650.00 004492
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/07/23 00022	7/25/23 404403	202307 320-53800-47400	*	795.00
BULK BLEACH
SPIES POOL, LLC	795.00 004493
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/20/23 00088	9/13/23 09132023 202309 320-58100-10000	*	70,000.00
FY23 CAPITAL RESERVE TRFR
FALCON TRACE CDD CAPITAL RESERVE	70,000.00 004494
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/20/23 00027	9/01/23 696	202309 310-51300-34000	*	4,791.33
MANAGEMENT FEES - SEP 23
9/01/23 696	202309 310-51300-35200	*	62.50
WEBSITE ADMIN - SEP 23
9/01/23 696	202309 310-51300-35100	*	114.58
INFORMATION TECH - SEP 23
9/01/23 696	202309 310-51300-51000	*	.54
OFFICE SUPPLIES
9/01/23 696	202309 310-51300-42000	*	11.39
POSTAGE
9/01/23 696	202309 310-51300-42500	*	48.75
COPIES
9/01/23 697	202309 320-53800-12000	*	1,795.58
FIELD MANAGEMENT - SEP 23
9/01/23 697	202309 320-53800-47600	*	711.74
UMBRELLAS FOR POOL
GOVERNMENTAL MANAGEMENT SERVICES	7,536.41 004495
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/23 00124	9/01/23 9	202309 320-53800-12200	*	10,289.00
POOL ATTENDANTS - SEP 23
9/01/23 9	202309 310-51300-51000	*	188.89
MICROSOFT LICENSE RENEWAL
9/01/23 9	202309 320-53800-47600	*	93.56
TOLIET PAPER
COMMUNITY ASSOCIATIONS AND	10,571.45 004496
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/23 00113	9/18/23 3280556	202308 310-51300-31500	*	1,629.00
GENERAL COUNSEL - AUG 23
KUTAK ROCK LLP	1,629.00 004497
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FALC FALCON TRACE	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/11/23	PAGE	4
*** CHECK DATES 08/02/2023 - 10/04/2023 ***	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	#
9/21/23 00019	8/31/23 07859349 202308 310-51300-48000	*	249.43
NOT OF FY24 MEETINGS
ORLANDO SENTINEL COMMUNICATIONS LLC	249.43 004498
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/23 00022	9/12/23 406509	202309 320-53800-47400	*	513.00
SODIUM BICARB/S ACID
9/12/23 406614	202309 320-53800-47400	*	795.00
BULK BLEACH
9/18/23 406681	202309 300-15500-10000	*	30.00
TANK RENTAL FEE
SPIES POOL, LLC	1,338.00 004499
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/21/23 00090	9/10/23 12868774 202309 300-15500-10000	*	87.40
SECURITY MONITORING OCT23
SAFE TOUCH SECURITY SYSTEMS	87.40 004500
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/28/23 00067	9/21/23 19996	202309 300-15500-10000	*	27,874.00
FY24 INSURANCE POLICY
EGIS INSURANCE & RISK ADVISORS	27,874.00 004501
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	154,046.48
TOTAL FOR REGISTER	154,046.48

FALC FALCON TRACE	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/11/23	PAGE	1
*** CHECK DATES 08/02/2023 - 10/04/2023 ***	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	#
8/17/23 00027	7/25/23 J89907	202307 600-53800-60012	*	6,930.00 CARD READER INSTALLED
ACCESS CONTROL SYSTEMS LLC	6,930.00 000059
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK C	6,930.00
TOTAL FOR REGISTER	6,930.00

FALC FALCON TRACE	CWRIGHT

Section 2

Falcon Trace
Community Development District

Unaudited Financial Reporting
September 30, 2023

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 September 30, 2023

General
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	131,152	

$	233,334	

$	364,486	
Investments:				
State Board Administration	$	167,360	$	-	$	167,360	
Prepaid Expenses	$	27,991	$	-	$	27,991	
Total Assets	$	326,504	$	233,334	$	559,838	

Liabilities:
Accounts Payable	

$	1,175	$	-	

$	1,175	
Total Liabilites	$	1,175	$	-	$	1,175	

Fund Balance:			
Assigned for:
Capital Reserves	
$	-	$	233,334	
$	233,334	
Nonspendable:					
Deposits and Prepaid Items	$	27,991	$	-	$	27,991	
Unassigned	$	297,338	$	-	$	297,338	
Total Fund Balances	$	325,329	$	233,334	$	558,663	
				
Total Liabilities & Fund Balance	$	326,504	$	233,334	$	559,838	

Falcon Trace
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/23	Thru 09/30/23	Variance	

Revenues:		
Maintenance Assessments	$	355,855	$	355,855	$	366,357	$	10,502	
Miscellaneous Income	$	100	$	100	$	5,030	$	4,930	
Interest Income	$	100	$	100	$	9,836	$	9,736	
Total Revenues	$	356,055	$	356,055	$	381,223	$	25,168	

Expenditures:					
General & Administrative:					
Supervisors Fees	$	8,000	$	8,000	$	7,400	$	600	
FICA Expense	$	612	$	612	$	566	$	46	
Engineering Fees	$	1,000	$	1,000	$	-	$	1,000	
Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	
Attorney Fees	$	18,800	$	18,800	$	19,575	$	(775)	
Annual Audit	$	3,600	$	3,600	$	2,850	$	750	
Management Fees	$	57,496	$	57,496	$	57,496	$	(0)	
Information Technology	$	1,375	$	1,375	$	1,375	$	0	
Website Maintenance	$	750	$	750	$	750	$	-	
Telephone	$	50	$	50	$	-	$	50	
Postage	$	800	$	800	$	150	$	650	
Printing and Binding	$	600	$	600	$	542	$	58	
Insurance	$	14,242	$	14,242	$	12,825	$	1,417	
Legal Advertising	$	2,500	$	2,500	$	2,616	$	(116)	
Contingency	$	2,000	$	2,000	$	264	$	1,736	
Property Appraiser	$	1,000	$	1,000	$	-	$	1,000	
Office Supplies	$	350	$	350	$	268	$	82	
Dues, Licenses, & Subscriptions	$	175	$	175	$	364	$	(189)	
Subtotal General & Administrative	$	118,350	$	118,350	$	112,041	$	6,308	

Falcon Trace
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/23	Thru 09/30/23	Variance	

Operations & Maintenance		
Field Management	$	21,547	$	21,547	$	21,547	$	(0)	
Property Insurance	$	10,964	$	10,964	$	9,991	$	973	
Pool Staff Payroll	$	83,047	$	83,047	$	81,081	$	1,966	
Security	$	1,500	$	1,500	$	1,014	$	486	
Telephone Expense	$	2,880	$	2,880	$	2,987	$	(106)	
Electric	$	18,150	$	18,150	$	20,996	$	(2,846)	
Irrigation/Water	$	14,850	$	14,850	$	11,715	$	3,135	
Lake Maintenance	$	10,290	$	10,290	$	5,200	$	5,090	
Pest Control	$	683	$	683	$	-	$	683	
Pool Maintenance	$	33,902	$	33,902	$	28,012	$	5,890	
Grounds Maintenance	$	36,071	$	36,071	$	41,555	$	(5,484)	
General Facility Maintenance	$	35,000	$	35,000	$	21,141	$	13,859	
Refuse Service	$	6,700	$	6,700	$	8,616	$	(1,916)	
Field Contingency	$	6,000	$	6,000	$	4,864	$	1,136	
Subtotal Operations & Maintenance	$	281,584	$	281,584	$	258,720	$	22,864	
					
Total Expenditures	$	399,934	$	399,934	$	370,761	$	29,173	
					
Excess (Deficiency) of Revenues over Expenditures	$	(43,879)		$	10,462		

Other Financing Sources/(Uses):					
Transfer In/(Out) - Capital Reserve	$	(70,000)	$	(70,000)	$	(70,000)	$	-	
Total Other Financing Sources/(Uses)	$	(70,000)	$	(70,000)	$	(70,000)	$	-	
					
Net Change in Fund Balance	$	(113,879)		$	(59,538)		
					
Fund Balance - Beginning	$	113,879		$	384,867		
					
Fund Balance - Ending	$	-		$	325,329		

Falcon Trace
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/23	Thru 09/30/23	Variance	

Revenues		
Interest	$	50	$	50	$	19	$	(31)	
Total Revenues	$	50	$	50	$	19	$	(31)	

Expenditures:					
Landscape Improvements	$	15,000	$	15,000	$	3,650	$	11,350	
Restroom Renovation	$	-	$	-	$	16,340	$	(16,340)	
Fence/Security	$	-	$	-	$	33,700	$	(33,700)	
Painting	$	10,000	$	10,000	$	-	$	10,000	
Miscellaneous	$	10,000	$	10,000	$	457	$	9,543	
Total Expenditures	$	35,000	$	35,000	$	54,147	$	(19,147)	
					
Excess (Deficiency) of Revenues over Expenditures	$	(34,950)		$	(54,128)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	70,000	$	70,000	$	70,000	$	-	
Total Other Financing Sources (Uses)	$	70,000	$	70,000	$	70,000	$	-	
					
Net Change in Fund Balance	$	35,050		$	15,872		
					
Fund Balance - Beginning	$	157,080		$	217,461		
					
Fund Balance - Ending	$	192,130		$	233,334		

Falcon Trace
Community Development District Month to Month

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

Revenues:

Maintenance Assessments Miscellaneous Income Interest Income

$	-  $
$	620  $
$	480  $

15,601  $
50  $
577  $

75,093  $
50  $
646  $

158,747  $
$
717  $

59,530  $
$
747  $

20,286  $
530  $
876  $

13,410  $
$
892  $

2,661  $
855  $
984  $

5,669  $
620  $
981  $

3,026  $
800  $
972  $

9,946  $
730  $
1,012  $

2,389  $
775  $
951  $

366,357
5,030
9,836

Total Revenues	$	1,100  $	16,228  $	75,789  $	159,463  $	60,277  $	21,692  $	14,303  $	4,500  $	7,270  $	4,798  $	11,688  $	4,116  $  381,223

Expenditures:

General & Administrative:

Supervisors Fees FICA Expense Engineering Fees Assessment Roll Attorney Fees Annual Audit Management Fees
Information Technology Website Maintenance Telephone
Postage
Printing and Binding Insurance
Legal Advertising Contingency Property Appraiser Office Supplies
Dues, Licenses, & Subscriptions

$	1,000  $
$	77  $
$	-  $
$	5,000  $
$	2,097  $
$	-  $
$	4,791  $
$	115  $
$	63  $
$	-  $
$	6  $
$	0  $
$	12,758  $
$	-  $
$	-  $
$	-  $
$	0  $
$	175  $

1,000  $
77  $
$
$
750  $
$
4,791  $
115  $
63  $
$
3  $
29  $
$
488  $
39  $
$
13  $
$

1,000  $
77  $
$
$
1,863  $
$
4,791  $
115  $
63  $
$
8  $
$
67  $
786  $
3  $
$
0  $
$

1,000  $
77  $
$
$
2,526  $
$
4,791  $
115  $
63  $
$
7  $
298  $
$
$
$
$
15  $
$

$
$
$
$
188  $
$
4,791  $
115  $
63  $
$
12  $
120  $
$
$
18  $
$
16  $
$

1,000  $
77  $
$
$
4,497  $
2,850  $
4,791  $
115  $
63  $
$
19  $
3  $
$
$
$
$
32  $
$

$
$
$
$
984  $
$
4,791  $
115  $
63  $
$
7  $
15  $
$
551  $
20  $
$
0  $
$

$
$
$
$
2,487  $
$
4,791  $
115  $
63  $
$
36  $
$
$
$
$
$
0  $
$

600  $
46  $
$
$
520  $
$
4,791  $
115  $
63  $
$
8  $
28  $
$
$
51  $
$
0  $
$

1,000  $
77  $
$
$
2,036  $
$
4,791  $
115  $
63  $
$
28  $
$
$
542  $
37  $
$
0  $
$

800  $
61  $
$
$
1,629  $
$
4,791  $
115  $
63  $
$
4  $
$
$
249  $
48  $
$
0  $
189  $

$
$
$
$
$
$
4,791  $
115  $
63  $
$
11  $
49  $
$
$
47  $
$
189  $
$

7,400
566
- 5,000
19,575
2,850
57,496
1,375
750
- 150
542
12,825
2,616
264
- 268
364

Subtotal General & Administrative	$	26,082  $	7,366  $	8,771  $	8,892  $	5,321  $	13,447  $	6,546  $	7,491  $	6,223  $	8,688  $	7,950  $	5,265  $  112,041

Operations & Maintenance

Field Management Property Insurance Pool Staff Payroll Security
Telephone Expense Electric Irrigation/Water Lake Maintenance Pest Control
Pool Maintenance Grounds Maintenance
General Facility Maintenance Refuse Service
Field Contingency

$	1,796  $
$	9,991  $
$	4,696  $
$	84  $
$	241  $
$	1,642  $
$	1,063  $
$	800  $
$	-  $
$	2,798  $
$	2,457  $
$	764  $
$	816  $
$	-  $

1,796  $
$
2,889  $
84  $
240  $
1,525  $
1,713  $
400  $
$
1,295  $
2,457  $
167  $
820  $
$

1,796  $
$
1,203  $
84  $
240  $
1,537  $
908  $
400  $
$
3,619  $
2,457  $
3,778  $
825  $
2,916  $

1,796  $
$
2,273  $
84  $
252  $
1,412  $
$
400  $
$
1,983  $
2,457  $
245  $
820  $
$

1,796  $
$
2,303  $
84  $
252  $
1,742  $
1,106  $
400  $
$
2,656  $
4,214  $
2,836  $
794  $
100  $

1,796  $
$
8,106  $
84  $
252  $
1,639  $
2,032  $
400  $
$
1,505  $
2,457  $
3,618  $
795  $
$

1,796  $
$
8,076  $
84  $
252  $
1,712  $
$
400  $
$
2,237  $
2,457  $
3,432  $
785  $
$

1,796  $
$
10,319  $
84  $
251  $
1,721  $
1,301  $
400  $
$
2,150  $
12,036  $
355  $
988  $
$

1,796  $
$
10,289  $
84  $
251  $
1,904  $
2,121  $
400  $
$
2,038  $
2,457  $
1,713  $
984  $
$

1,796  $
$
10,319  $
84  $
251  $
1,915  $
1,025  $
400  $
$
3,878  $
3,194  $
2,110  $
$
$

1,796  $
$
10,319  $
87  $
251  $
1,903  $
444  $
400  $
$
1,865  $
2,457  $
544  $
$
1,848  $

1,796  $
$
10,289  $
87  $
252  $
2,344  $
$
400  $
$
1,988  $
2,457  $
1,580  $
990  $
$

21,547
9,991
81,081
1,014
2,987
20,996
11,715
5,200
- 28,012
41,555
21,141
8,616
4,864

Other Financing Sources/Uses:

Transfer In/(Out) - Capital Reserve

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

(70,000) $  (70,000)

Net Change in Fund Balance	$	(52,129) $	(4,524) $	47,255  $	138,850  $	36,673  $	(14,438) $	(13,473) $	(34,392) $	(22,989) $	(28,861) $	(18,177) $	(93,333) $  (59,538)

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(70,000) $  (70,000)

Excess Revenues (Expenditures)	$	(52,129)  $	(4,524)  $	47,255  $	138,850  $	36,673  $	(14,438)  $	(13,473)  $	(34,392)  $	(22,989)  $	(28,861)  $	(18,177)  $	(23,333)  $	10,462

Total Expenditures	$	53,229  $	20,752  $	28,534  $	20,613  $	23,604  $	36,130  $	27,775  $	38,892  $	30,259  $	33,659  $	29,865  $	27,448  $  370,761

Subtotal Operations & Maintenance	$	27,148  $	13,386  $	19,762  $	11,721  $	18,283  $	22,684  $	21,229  $	31,401  $	24,037  $	24,971  $	21,915  $	22,184  $  258,720

Falcon Trace
Community Development District
Special Assessment Receipts Fiscal Year 2023

ON ROLL ASSESSMENTS

Gross Assessments	$ Net Assessments	$

378,569.40
355,855.24

100.00%

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

11/1/22	
1	
$	3,272.88	
$	-	
$	(162.52)	
$	-	
$	3,110.36	
$	3,110.36	
11/14/22	2	$	3,357.60	$	-	$	(134.32)	$	-	$	3,223.28	$	3,223.28	
11/21/22	3	$	9,657.90	$	-	$	(390.96)	$	-	$	9,266.94	$	9,266.94	
12/05/22	4	$	28,959.30	$	-	$	(1,158.51)	$	-	$	27,800.79	$	27,800.79	
12/12/22	5	$	31,057.80	$	-	$	(1,242.46)	$	151.61	$	29,966.95	$	29,966.95	
12/19/22	6	$	18,047.10	$	-	$	(721.97)	$	-	$	17,325.13	$	17,325.13	
01/13/23	7	$	165,361.80	$	-	$	(6,615.26)	$	-	$	158,746.54	$	158,746.54	
02/03/23	8	$	58,864.55	$	-	$	(2,341.20)	$	-	$	56,523.35	$	56,523.35	
02/16/23	9	$	3,777.30	$	-	$	(770.72)	$	-	$	3,006.58	$	3,006.58	
03/16/23	10	$	19,527.37	$	-	$	(757.97)	$	1,516.25	$	20,285.65	$	20,285.65	
04/14/23	11	$	13,881.19	$	-	$	(470.91)	$	-	$	13,410.28	$	13,410.28	
05/15/23	12	$	2,714.67	$	-	$	(53.23)	$	-	$	2,661.44	$	2,661.44	
06/15/23	13	$	5,153.59	$	-	$	(21.00)	$	536.00	$	5,668.59	$	5,668.59	
07/14/23	14	$	2,937.90	$	-	$	-	$	88.13	$	3,026.03	$	3,026.03	
08/15/23	15	$	9,895.67	$	-	$	-	$	50.36	$	9,946.03	$	9,946.03	
09/15/23	16	$	2,098.50	$	-	$	-	$	290.67	$	2,389.17	$	2,389.17	
	TOTAL	$	378,565.12	$	-	$	(14,841.03)	$	2,633.02	$	366,357.11	$	366,357.11	

100% Gross Percent Collected
$4.28 Balance Remaining to Collect

Section C

1

Falcon Trace CDD Field Management Report I GMS 2023

2

Completed

Pickleball Court
After review, temporary pickleball court tape lines were installed to gauge community response.
GMS staff will paint permanent lines after the Holidays pending community feedback.

Falcon Trace CDD Field Management Report I GMS 2023

InProgress

Roof Inspection / Soffit Repairs
Pulled all permit information and inspection reports from original installation.
Contacted the county inspectors directly for more detailed information.
Contacted multiple roofing and soffit repair companies. Only 3 companies were interested in the work, and we are awaiting their proposals and inspection reports.

InProgress

Sidewalk Repair
LRE Foundations is expected to begin the repairs the week of October 16th.