Myrtle Creek Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.myrtlecreekid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Myrtle Creek Improvement District (“District”), scheduled to be held at 5:00 p.m. on Tuesday, November 15, 2022, at Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via the computer or the conference line: Phone: 1-844-621-3956    Computer: pfmgroup.webex.com	Participant Code: 796 580 192#
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the October 18, 2022, Board of Supervisors’ Meeting

Business Matters
Ratification of Operation and Maintenance Expenditures Paid in October 2022 in an amount totaling $74,357.64
Recommendation of Work Authorization/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

MYRTLE CREEK IMPROVEMENT DISTRICT

Minutes of the October 18, 2022, Board of Supervisors’ Meeting

MYRTLE CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Myrtle Creek Improvement District was called to order on Tuesday, October 18, 2022, at 5:00 p.m. at the Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd,
Orlando, FL 32827.			
Present:			
Bob Da Silva	Chairman		
Kam Shenai	Vice Chairman		
John Lynaugh	Assistant Secretary		
Marsha Leed	Assistant Secretary		
Kyle Scholl	Assistant Secretary	(via phone)	
Also attending:			
Jennifer Walden	PFM		
Lynne Mullins	PFM		
Jennifer Glasgow	PFM	(via phone)	
Tucker Mackie	Kutak Rock	(via phone)	
Jeffrey Newton	Donald W. McIntosh Associates		
Larry Kaufmann	Construction Supervisor	(via phone)	
Matt McDermott	Construction Committee Member		
Aaron Wilbanks	Berman		
Ryan Dugan	Kutak Rock	(via phone)	

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Walden noted there were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the August 16, 2022, Board of Supervisors’ Meeting

The Board reviewed the minutes of the August 16, 2022, Board of Supervisors’ Meeting.

On motion by Mr. Da Silva, seconded by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the August 16, 2022, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS		Consideration of Resolution 2023-01, Re-setting the Annual Meeting Schedule for Fiscal Year 2023

Ms. Walden stated the hotel can’t accommodate the District for the May meeting date so that meeting will have to be moved up a week to May 9, 2023.

On motion by Mr. Shenai, seconded by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2023-01, Re-setting the Annual Meeting Schedule for Fiscal Year 2023 with the updated date of May 9, 2023.

FIFTH ORDER OF BUSINESS	Review of Post Hurricane Ian Report
a) Consideration of Proposals for Hurricane Landscape Replacement

Mr. Wilbanks stated that the District did well during the storm. There were two small trees needing removal but based on their location he recommends not replacing them.

SIXTH ORDER OF BUSINESS		Consideration of Fiscal Year 2022 Audit Engagement Letter with Berger, Toombs, Elam, Gaines & Frank

Ms. Walden stated this is the District’s current auditor and this is the standard letter that is received from them every year. She added that District staff reviewed and provided some edits which have been incorporated into the version in the agenda. She noted that the cost of $3,625.00 falls within the budget.

On motion by Mr. Shenai, seconded by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Audit Engagement Letter with Berger, Toombs, Elam, Gaines & Frank in the amount of $3,625.00.

SEVENTH ORDER OF BUSINESS		Ratification of Egis Insurance Package for FY 2023

Ms. Walden noted that the Chair executed this item outside of a meeting so the District could maintain its insurance and now needs to be ratified by the Board.

On motion by Mr. Shenai, seconded by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Egis Insurance Package for FY 2023.

EIGHTH ORDER OF BUSINESS		Ratification of Operation and Maintenance Expenditures Paid in August 2022 in an amount totaling
$151,273.80

Ms. Walden noted that these Operation and Maintenance Expenditures have been approved and need to be ratified by the Board.

On motion by Mr. Da Silva, seconded by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures paid in August 2022 in an amount totaling $151,273.80.

NINTH ORDER OF BUSINESS		Ratification of Operation and Maintenance Expenditures Paid in September 2022 in an amount totaling $84,840.47

Ms. Walden noted that these Operation and Maintenance Expenditures have been approved and need to be ratified by the Board.

On motion by Mr. Shenai, seconded by Mr. Lynaugh, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures paid in September 2022 in an amount totaling $84,840.47.

TENTH ORDER OF BUSINESS	Recommendation of Work Authorization/Proposed Services

Ms. Walden stated District staff reached out to several different companies and didn’t receive any additional quotes for putting up the holiday decorations for the District. Berman provided a proposal to keep the same price at $600.00 which falls within the budget of $1,250.00, and storage is included.

On motion by Ms. Leed, seconded by Mr. Da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the proposal from Berman in the amount of $600.00.

ELEVENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD

Ms. Walden stated through September the District has spent just over $789,000.00 versus the budget of
$1,009,000.00. Ms. Walden noted the District has 60 days past the end of the Fiscal Year to book things to that Fiscal Year, so these numbers are not yet final. Discussion ensued regarding end of the year and next year financials.

TWELFTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.	
District Manager –	Ms. Walden noted that the next meeting is scheduled for Tuesday,	
	November 15, 2022.	

Ms. Walden asked the Board what they wanted to do about the funds in the 2016 reserve account in the amount of $1,432.71. The Board decided to let the funds remain in the account.	
District Engineer –	No report.	
Construction Supervisor –	No report.	
Landscape Supervisor –	Mr. McDermott stated the tree trimming is complete on the outside of the roadway and they will be coming back next week to do the medians.	
Irrigation Supervisor –	No report.	

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

Mr. Lynaugh asked about the new road with the roundabout to see if there are any updates.
Mr. Newton stated the schedule for Performance Drive Phase 3 has been in flux, but the developer is going to commence construction of the trail that runs along the road because there is an obligation to USTA.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On motion by Mr. Shenai, seconded by Mr. Da Silva, with all in favor, the October 18, 2022, meeting of the Board of Supervisors for the Myrtle Creek Improvement District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

MYRTLE CREEK IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in October 2022 in an amount totaling $74,357.64

MYRTLE CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from October 1, 2022 through October 31, 2022. This does not include expenditures previously approved by the Board.

The total items being presented:    $74,357.64

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

				   
     
    		
 			 	 		
						
      			
				   		
				 		
				   		
				 		
				   		
				   		
				    		
				    		
				 		
				 		
				  		
				   	
	
				  	
	

                        

Funding Request #124

9/2/2022		
Item No.	Payee	Invoice Number	General Fund	

1	Cepra Landscape				
	Wellspring Sod Replacement	ORL2837	$	9,700.00	
	Wellspring September Landscaping	ORL2870	$	2,708.00	

TOTAL	$ 12,408.00

Funding Request #125

9/9/2022		
Item No.	Payee	Invoice Number	General Fund	

1	
Cepra Landscape
Wellspring August Irrigation Repairs	

ORL2867	

$	467.80	
		
TOTAL	
$	467.80	

Funding Request #126
9/16/2022

Item	Payee	Invoice	General	
No.		Number	Fund	

1	
Boggy Creek Improvement District				
	Reimbursment for Construction-Related Legal Advertising on Req 265	OSC59792483	$	46.00	
		
TOTAL	
$	
46.00	

Payment Authorization #555
9/30/2022

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Donald W McIntosh Associates			
	Engineering Services Through 09/09/2022	43191	$	320.63	
2	owe Outdoors & Hauling
Tree Pruning	

1833	
$  30,000.00	
3	Kutak Rock			
	General Counsel Through 08/31/2022	3110979	$	2,910.58	
4	Orlando Sentinel			
	Legal Advertising on 07/12/2022 (Ad: 7246136)	OSC57271461	$	237.50	
		
TOTAL	
$  33,468.71	

RECEIVED
By Amanda Lane at 5:26 pm, Oct OB, 2022

Myrtle Creek Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

Chairperson

Payment Authorization #556
10/7/2022

Item
No.	Payee	Invoice
Number	General
Fund	Fiscal
Year	

1	
Aquatic Weed Control				
	October Waterway Service	75906	$	325.00		

2	
Berman Construction				
	October Administrator & Irrigation Specialist	22310	$	3,000.01		

3	
Boggy Creek Improvement District			

	September ICM Expenses	ICM2022-12	$	8,154.66	FY 2022	
4	Cepra Landscape				
	Hurricane Ian Cleanup	ORL3232	$	600.00		
	September Irrigation Repairs	ORL3239	$	1,260.00		
5	Department of Economic Opportunity				
	FY 2023 Annual Fee	86605	$	175.00		

6	
HTFL
Tree Injections	

10169	

$	1,232.00	

FY 2022	
7	ouc				
	Acct: 8795843030, Service 09/01/2022 - 10/03/2022		$	5,165.24	FY2022	
8	PFM Group Consulting				
	June & July Postage	121886	$	13.56		
	FY 2023 Tax Roll	121959	$	7,500.00		
	OM Fee: October 2022	DM-10-2022-32	$	3,541.67		
		TOTAL	
$  30,967.14		

Chairperson

Myrtle Creek Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Or1ando, FL 32817
LaneA@pfm com II (407) 723-5925

[ RECEIVED

l

By Amanda Lane at 9:08 am, Oct 12, 2022

Work Authorization/Proposed Services
(if applicable)

District’s Financial Position and Budget to Actual YTD

General Fund	Debt Service		Capital Projects Fund	
	
Assets			

$560,497.88				
68,873.94				
4,044.05				
4,999.80				
2,341.49				
4,300.00				
213,483.57				
	$334,815.51			
	307,028.89			
	611,503.39			
			$59.50	
			403,874.40	
$858,540.73	$1,253,347.79		$403,933.90	
$0.00	$0.00		$0.00	
$858,540.73	$1,253,347.79		$403,933.90	

General Long- Term Debt		Total	

$0.00		

$560,497.88 68,873.94
4,044.05
4,999.80
2,341.49
4,300.00
213,483.57
334,815.51
307,028.89
611,503.39
59.50
403,874.40
$2,515,822.42	

$1,253,347.79 14,466,652.21
$15,720,000.00		
$1,253,347.79 14,466,652.21
$15,720,000.00	
$15,720,000.00		$18,235,822.42	

Current Assets
General Checking Account Money Market Account
State Board of Administration Pond Reserve
Accounts Receivable - Due from Developer Deposits
General Reserve Debt Service Reserve Revenue
Prepayment
Accounts Receivable - Due from Developer Acquisition/Construction
Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

General Long- Term Debt		Total	

$0.00		

$5,107.51 7,859.64
2,341.49
59.50
59.50
$15,427.64	

$15,720,000.00
$15,720,000.00		
$15,720,000.00
$15,720,000.00	
$15,720,000.00		$15,735,427.64	

$0.00		

$873,614.43 (30,382.34)
1,253,347.79
0.00

403,874.40
(59.50)

$2,500,394.78	
			
$15,720,000.00		$18,235,822.42	

Current Liabilities
Accounts Payable
Due To Other Governmental Units Deferred Revenue
Accounts Payable Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets

General Fund	Debt Service

Liabilities and Net Assets

7,859.64
2,341.49

$15,308.64		

$0.00		

$59.50 59.50
$119.00	
$0.00		$0.00		$0.00	
$15,308.64		$0.00		$119.00	

$873,614.43 (30,382.34)

$843,232.09		

$1,253,347.79
0.00

$1,253,347.79		

$403,874.40
(59.50)

$403,814.90	
					
$858,540.73		$1,253,347.79		$403,933.90	

$5,107.51

Capital Projects Fund

Statement of Activities As of 10/31/2022

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Revenues

Total Revenues	$0.00	$0.00	$0.00	$0.00	$0.00

Expenses

Public Officials' Liability Insurance	$3,892.00								$3,892.00	
Management	$3,541.67								3,541.67	
Assessment Administration	7,500.00								7,500.00	
Bank Fees	0.20								0.20	
Dues, Licenses, and Fees	175.00								175.00	
Aquatic Contract	325.00								325.00	
General Liability Insurance	4,458.00								4,458.00	
Landscaping Maintenance & Material	39.49								39.49	
IME - Aquatics Maintenance	263.03								263.03	
IME - Landscaping	7,229.41								7,229.41	
Personnel Leasing Agreement	3,000.01								3,000.01	
Legal Advertising					$59.50				59.50	
Total Expenses	$30,423.81		$0.00		$59.50		$0.00		$30,483.31	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$41.47								$41.47	
Interest Income			$0.00						0.00	
Interest Income					$0.00				0.00	
Total Other Revenues (Expenses) & Gains (Losses)	$41.47		$0.00		$0.00		$0.00		$41.47	
Change In Net Assets	($30,382.34)		$0.00		($59.50)		$0.00		($30,441.84)	

Net Assets At Beginning Of Year	
$873,614.43		
$1,253,347.79		
$403,874.40		
$0.00		
$2,530,836.62	

Net Assets At End Of Year	
$843,232.09		
$1,253,347.79		
$403,814.90		
$0.00		
$2,500,394.78	

Actual	Budget	Variance

FY 2023 Adopted	Percentage Budget		Spent

$	6,821.77	$	85,015.21	$	(78,193.44)	$  1,020,182.57	0.67%	

$	

-	

$	

1,000.00	

$	

(1,000.00)	

$	12,000.00	

0.00%	
	
3,892.00		
388.75		
3,503.25	
4,665.00	
83.43%	
	-		833.33		(833.33)	10,000.00	0.00%	
	3,541.67		3,541.67		-	42,500.00	8.33%	
	-		833.33		(833.33)	10,000.00	0.00%	
	-		583.33		(583.33)	7,000.00	0.00%	
	-		166.67		(166.67)	2,000.00	0.00%	
	-		2,083.33		(2,083.33)	25,000.00	0.00%	
	7,500.00		625.00		6,875.00	7,500.00	100.00%	
	-		20.83		(20.83)	250.00	0.00%	
	-		333.33		(333.33)	4,000.00	0.00%	
	-		75.00		(75.00)	900.00	0.00%	
	-		25.00		(25.00)	300.00	0.00%	
	-		4.17		(4.17)	50.00	0.00%	
	-		83.33		(83.33)	1,000.00	0.00%	
	-		166.67		(166.67)	2,000.00	0.00%	
	-		541.67		(541.67)	6,500.00	0.00%	
	0.20		30.00		(29.80)	360.00	0.06%	
	-		791.64		(791.64)	9,500.00	0.00%	
	-		33.33		(33.33)	400.00	0.00%	
	-		20.83		(20.83)	250.00	0.00%	
	-		208.33		(208.33)	2,500.00	0.00%	
	-		225.00		(225.00)	2,700.00	0.00%	
	-		104.17		(104.17)	1,250.00	0.00%	
	175.00		14.58		160.42	175.00	100.00%	

Revenues

On-Roll Assessments	$	-	$	78,193.44	$	(78,193.44)	$	938,321.30	0.00%	
Carryforward Revenue	6,821.77	6,821.77	-	81,861.27	8.33%	
Net Revenues						

General & Administrative Expenses										
Legislative
Supervisor Fees										
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees										
Total General & Administrative Expenses	$	15,108.87	$	12,733.29	$	2,375.58	$	152,800.00	9.89%	

Actual	Budget

Variance

FY 2023 Adopted Budget

Percentage Spent

Field Operations
Electric Utility Services					
Electric	$	-	$	125.00	$	(125.00)	$	1,500.00	0.00%	
Entry Lighting	-	41.67	(41.67)	500.00	0.00%	
Water-Sewer Combination Services					
Water Reclaimed	-	1,666.67	(1,666.67)	20,000.00	0.00%	
Stormwater Control
Aquatic Contract	
325.00	
333.33	
(8.33)	
4,000.00	
8.13%	
Lake/Pond Repair Reserve	-	416.67	(416.67)	5,000.00	0.00%	
Other Physical Environment
General Liability Insurance	
4,458.00	
375.00	
4,083.00	
4,500.00	
99.07%	
Property & Casualty Insurance	-	141.67	(141.67)	1,700.00	0.00%	
Auto Insurance	-	41.67	(41.67)	500.00	0.00%	
Irrigation Repairs
Landscaping Maintenance & Material	-	3,750.00	(3,750.00)	45,000.00	0.00%	
District Landscaping	-	21,964.76	(21,964.76)	263,577.12	0.00%	
Gateway Road Landscaping	39.49	39.49	-	473.88	8.33%	
Tree Trimming	-	3,333.33	(3,333.33)	40,000.00	0.00%	
Flower & Plant Replacement	-	4,166.67	(4,166.67)	50,000.00	0.00%	
Contingency	-	7,138.77	(7,138.77)	85,665.18	0.00%	
Pest Control	-	234.17	(234.17)	2,810.00	0.00%	
Hurricane Cleanup	-	4,166.67	(4,166.67)	50,000.00	0.00%	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
263.03	
278.25	
(15.22)	
3,339.00	
7.88%	
IME - Irrigation Repairs	-	262.50	(262.50)	3,150.00	0.00%	
IME - Landscaping	7,229.41	7,229.41	-	86,752.89	8.33%	
IME - Landscape Improvements	-	1,050.00	(1,050.00)	12,600.00	0.00%	
IME - Lighting	-	105.00	(105.00)	1,260.00	0.00%	
IME - Miscellaneous	-	525.00	(525.00)	6,300.00	0.00%	
IME - Water Reclaimed	-	131.25	(131.25)	1,575.00	0.00%	
New Operational Field Expenses
Trail Repair	
-	
1,250.00	
(1,250.00)	
15,000.00	
0.00%	
Road & Street Facilities
Entry and Wall Maintenance	
-	
833.33	
(833.33)	
10,000.00	
0.00%	
Streetlights	-	1,250.00	(1,250.00)	15,000.00	0.00%	
Parks & Recreation
Personnel Leasing Agreement	
3,000.01	
3,000.00	
0.01	
36,000.00	
8.33%	
Reserves						
Infrastructure Capital Reserve		-		1,666.67		(1,666.67)		20,000.00	0.00%	
Interchange Maintenance Reserve		-		196.67		(196.67)		2,360.00	0.00%	
Total Field Operations Expenses	$	15,314.94	$	65,713.62	$	(50,398.68)	$	788,563.07	1.94%	

Actual	Budget	Variance

FY 2023 Adopted	Percentage Budget		Spent

Wellspring Blvd./Performance Drive Expense

Irrigation Repairs	-	666.67	(666.67)	$	8,000.00	0.00%	
Landscaping	-	2,984.96	(2,984.96)	35,819.50	0.00%	
Flower & Plant Replacement	-	833.33	(833.33)	10,000.00	0.00%	
Lighting	-	1,641.67	(1,641.67)	19,700.00	0.00%	
Miscellaneous	-	291.67	(291.67)	3,500.00	0.00%	
Water Reclaimed	-	208.33	(208.33)	2,500.00	0.00%	

Total Wellspring Blvd./Performance Drive Expenses	$	-		$	6,626.63		$	(6,626.63)		$	79,519.50		0.00%	

Total Expenses	
$	
30,423.81		
$	
85,073.54		
$	
(54,649.73)		
$	
1,020,882.57		
2.98%	
Income (Loss) from Operations	$	(23,602.04)		$	(58.33)		$	(23,543.71)		$	(700.00)			

Other Income (Expense)
Interest Income
Total Other Income (Expense)	

$
$	

41.47
41.47		

$
$	

58.33
58.33		

$
$	

(16.86)
(16.86)		

$
$	

700.00
700.00		

5.92%
5.92%	
Net Income (Loss)	$	(23,560.57)		$	-		$	(23,560.57)		$	-			

Myrtle Creek Improvement District Cash Flow

FY22 Inflows	FY22 Outflows	FY23 Inflows	FY23 Outflows	End. Cash	
			-			
2,713.58	(35,195.43)	-	-	418,217.10		
215,938.17	(20,262.56)	-	-	611,564.30		
592,828.31	(558,238.09)	-	-	646,244.88		
624,205.00	(418,038.53)	-	-	852,411.35		
401,430.47	(234,532.17)	-	-	1,019,309.65		
189,081.31	(217,827.23)	-	-	990,563.73		
74,098.96	(19,010.90)	-	-	1,045,651.79		
36,834.03	(140,172.63)	-	-	942,313.19		
26,488.86	(68,639.42)	-	-	900,162.63		
35,067.65	(96,252.61)	-	-	838,977.67		
32,689.81	(168,689.61)	-	-	702,977.87		
5,596.22	(78,298.26)	-	(8,350.00)	621,925.83		
12,921.80	(66,357.64)	7.89	(8,000.00)	560,497.88		
-	-	-	-	560,497.88	as of 11/05/2022	

Beg. Cash

10/1/2021	470,075.08	
11/1/2021	418,217.10	
12/1/2021	611,564.30	
1/1/2022	646,244.88	
2/1/2022	852,411.35	
3/1/2022	1,019,309.65	
4/1/2022	990,563.73	
5/1/2022	1,045,651.79	
6/1/2022	942,313.19	
7/1/2022	900,162.63	
8/1/2022	838,977.67	
9/1/2022	702,977.87	
10/1/2022	621,925.83	
11/1/2022	560,497.88	

Totals	2,249,894.17	(2,129,282.08)	7.89	(16,350.00)

Myrtle Creek Improvement District Construction Tracking - early November

Amount
Series 2016 Bond Issue
Original Construction Fund	$	513,425.32 Additions (Interest, Transfers from DSR, etc.)		221,838.51
Cumulative Draws Through Prior Month	(331,389.43)
==========
Construction Funds Available	$	403,874.40

Requisitions This Month
==========
Total Requisitions This Month	$	-
==========
Funds Remaining	$	403,874.40

Committed Funding
Performance Drive Phase 3 - August bid and October NTP $	-
==========

Total Committed	$	-
==========	
Net Uncommitted		403,874.40