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, June 18, 2024, at 6900 Tavistock Lakes Blvd., Ste. 200, 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: pfmcdd.webex.com	Participant Code: 2531 126 0013#

BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the May 21, 2024, Board of Supervisors’ Meeting (provided under separate cover)
Business Matters
Consideration of Trail Maintenance Proposals (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in May 2024 in an amount totaling $37,507.83
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

Minutes of the May 21, 2024, Board of Supervisors’ Meeting
(provided under separate cover)

Trail Maintenance Proposals
(provided under separate cover)

Operation and Maintenance Expenditures Paid in May 2024 in an amount totaling $37,507.83

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 May 1, 2024 through May 31, 2024. This does not include expenditures previously approved by the Board.

The total items being presented:    $37,507.83

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Myrtle Creek Improvement District AP Check Register (Current by Bank) Check Dates: 5/1/2024 to 5/31/2024
Check No.	Date	Status*	Vendor ID	Payee Name	Amount

BANK ID: OM1471 - CIT( NATIONAL BANK

001-101-0000-00-01

 2	05/09/24	M	A&C	A%uatic &eed Controi, *nc 		$325 00	
 3	05/09/24	M	B.013	Berger, .oombs, 0iam, 1aines 2		$3, 65 00	
 4	05/09/24	M	4u.A4	4utak Rock		$125 00	
 5	05/09/24	M	oR8709	oriando 7entinei		$219 50	
 6	05/09/24	M	.Ru7.0	u7 Bank as .rustee :or Myrtie		$26,9 4 65	
  	05/23/24	P	B0RMA9	Berman Construction		$3,000 01	
  	05/23/24	P	B;87	Bright;ie< 8andsca=e 7er>ices		$15, 41 00	
					BANK OM1471 REGISTER TOTAL:	$50,150.16	

BANK ID: OM-ACH - CIT( NATIONAL BANK - ACH 3 4IRES

001-101-0000-00-01

0004	05/21/24	M	ouC	oriando utiiities Commission	$6,404 49

BANK OM-ACH REGISTER TOTAL:	$6,404.49

GRAND TOTAL :	$56,554.65

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( V id Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

Payment Authorization #625
4/26/2024

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Berger, Toombs, Elam, Gaines & Frank
FY 2023 Audit	

367393	

$	3,765.00	
2	Kutak Rock
Gen ral Counsel Through 03/31/2024	
3381390	
$	125.00	
3	Orlando Sentinel
Legal Advertising on 04/08/2024 (Ad: 7608637)	
OSC91313576	
$	219.50	
		
TOTAL	
$	4,109.50	

Chairperson

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

RECEIVED

Oi9ital!ysigned by Daniel J. Young

l

ON. C-=US.
Daniel J. Youn:g: nkgf :1:: :m,

[By Amanda Lane at 8:47 am, May 08, 2024
---

Co, CN=Oamel J. Young
Cate 2024-04 28
13 59·48-04'00'

Payment Authorization #626

5/3/2024				
Item No.	Payee	Invoice Number	General Fund	

1	
Aquatic Weed Control
May Waterway Service	

96195	

$	325.00	
2	Berman Construction			
	May Administrator & Irrigation Specialist	44914	$	3,000.01	
3	Boggy Creek Improvement District			
	April ICM Expenses	ICM2024-07	$	7,927.83	
4	Brightview Landscape Services			
	May Section 1 & 2 Landscaping	8879161	$  15,741.00	
		
TOTAL	
$  26,993.84	

Chairperson

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

[

RECEIVED	J
By Amanda Lane at 8:47 am, May 08, 2024
--

Oigilalti,signedt,yO.inielJ
Young
CN:C-US.
Daniel J. Young  ::kg£:;:;::..
CNaOanielJ.You1>9 Dille.2024.05.0608:03:23-04'00'

Payment Authorization #627
5/10/2024

Item No.
1	ouc

Payee	Invoice
Number

General Fund

Utility Service 04/02/2024 - 05/02/2024	Acct: 4782400001	$	6,404.49

TOTAL	$	6,404.49

tary/Assistant Secretary

Chairperson

Myrtle Creek Improvement District
clo PFM Group Consulting

r

3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

[ RECEIVED

By Amanda Lane at 10:30 am, May 16, 2024

MYRTLE CREEK IMPROVEMENT DISTRICT

Work Authorization/Proposed Services
(if applicable)

February 21, 2024
Proposal #: 723556

BrightView Tree Care Services
Branch Office #49360
701 Codisco Way Sanford , Florida 32771 Johnathan Giaquinta
ISA Certified Arborist-FL-9956A
Certified Pest Control Operator-JF293335 johnathan.giaquinta@brightview.com tel:4077974388

Tree Care Service Address/Location
Myrtle Creek Improvement ID#: 345200313
7052â€“7076 Tavistock Lakes Blvd Orlando, 32827

Tree Care Service Billing Address
Kelly Willson
, Florida 32832 Kelly Willson
Kelly.Willson@community-mgmt.com

Proposed Tree Care Services

Species	Qty	Objective	Price	
Sabal Palm	1	Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris	-	
Total			$500	

Legend (1)

 Sabal Palm (1)

Map data ©2024 Imagery ©2024 Airbus, Maxar Technologies Report a map error

Removal of dead Sabal Palm

February 20, 2024

Sabal Palm
Sabal Palm

ID# 335

Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all
debris

BrightView Tree Care Services Terms & Conditions

Bid Specifications: The Contractor shall recognize and perform in accordance with only written terms, specifications, and drawings contained or referred to herein. All materials shall conform to bid specifications. Work is beingdone in accordance with ANSI A300 standards.

Bid Expiration: This proposal will remain in effect for thirty ﴾30﴿ days from the date it was first presented to Client/Owner, unless accepted or rejected by Client/Owner, or withdrawn by Contractor prior to that time.

Work Force: Contractor shall designate a qualified representative with experience in tree management. The work force shall be presentable at all times. All employees shall be competent and qualified and shall be legally authorized to work in the U.S.

Tree & Stump Removal: Trees removed will be cut as close to the ground as possible based on conditions near to or next to the bottom of the tree trunk. Additional charges will be levied for unseen hazards such as, but not limited to concrete or brick filled trunks,
metal rods, etc. If requested, mechanical grinding of visible tree stump will be done to a defined width and depth below ground level at an additional charge to the Client/Owner. Defined backfill and landscape material may be specified. Client/Owner shall be responsible for contacting Underground Service Alert to locate underground utility lines prior to start of work. BrightView Tree Care Services is not responsible for damage done to underground utilities such as, but not limited to, cables, wires, pipes, and irrigation parts. BrightView Tree Care Services will repair damaged irrigation lines at the Client/Owner's expense.

Scheduling of Work: If the jobsite conditions materially change from the time of approval of this proposal to the time the work starts, such that the job costs are adversely changed, this proposal is null and void. Scheduling of work is dependent on weather
conditions and workloads. Our office will call the day prior to the work being done, unless other arrangements are made.

Work Hours: Any work, including emergency work, overtime and weekend work performed outside of the normal working hours ﴾Monday‐Friday between 6:30 a.m. and
2.30 p.m.﴿ shall be billed at overtime rates. Use of power equipment will commence at 7:00
a.m., unless otherwise specified in the scope of work. Additional charges will be applied if crews cannot use power equipment by 9:00 a.m.

License and Permits: Contractor shall maintain a Landscape Contractor’s license if required by State or local law and will comply with all other licenseand permit requirements of relevant city, state and federal governments, as well as all other requirements of law.

Taxes: Contractor agrees to pay all applicable taxes, including sales taxes on material supplied, where applicable.

Insurance: Contractor agrees to provide General Liability Insurance, Automotive Liability Insurance, Worker’s Compensation Insurance, and any other insurance required by law or Client/Owner, as specified in writing prior to commencement of work. If not specified, Contractor will furnish insurance with a $1,000,000 limit of liability.

Liability: Contractor shall indemnify the Client/Owner and its agents and employees from and against any liabilities that arise out of Contractor’s work to the extent such liabilities are adjudicated to have been caused by Contractor’s negligence or willful misconduct.
Contractor shall not be liable for any damage that occurs from acts of God. Acts of God are defined as those caused by windstorm, hail, fire, flood, earthquake, hurricane and freezing, etc. Under these circumstances, Contractor shall have the right to renegotiate the terms and prices of this agreement within sixty ﴾60﴿ days. Any illegal trespass, claims and/or damages resulting from work requested that is not on property owned by Client/Owner or not under Client/Owner.

Waiver of Liability: Requests for crown thinning in excess of twenty‐five percent ﴾25%﴿, or work not in accordance with ISA ﴾International Society of Arboricultural﴿ standards will require a signed waiver of liability.

Non‐Union Contractor: Client/Owner acknowledges that Contractor is not a signatory to any union agreements. If any services hereunder would be covered by any labor union that Client/Owner is bound to or that may have a claim to such work, then this written
proposal shall be immediately terminated and become void, with no further liability to Contractor.

Subcontractors: Contractor reserves the right to hire qualified subcontractors to perform specialized functions or work requiring specialized equipment.

Additional Services: Any additional work, changes in the scope of work, or additional

Invoicing: Client/Owner shall make payment to Contractor within fifteen ﴾15﴿ days of receipt of invoice.

Cancellation: Notice of cancellation of work must be received in writing before the crew is dispatched to their location or Client/Owner will be liable for a minimum travel charge of
$150.00 and billed to Client/Owner.

Assignment: The Client/Owner and the Contractor, respectively, bind themselves, their partners, successors, assignees and legal representatives to the other party with respect to all covenants of this Contract. In the event of sale or transfer of Client/Owner's interest in
its business and/or the propertywhich is the subject of this agreement, Client/Owner must first obtain the written consent of Contractor for the assignment of any interest in this agreement to be effective.

Disclaimer: This proposal for tree care services was estimated and priced based upon a site visit and visual inspection from ground level using ordinary means, at or about the time this proposal was prepared. The price quoted in this proposal for the work described,
is the result of that ground level visual inspection and therefore our company will not be liable for any additional costs or damages for additional work not described herein, or liable for any incidents/accidents resulting from conditions, that were not ascertainable by said ground level visual inspection by ordinary means at the time said inspection was performed. The work performed by BrightView Tree Care Services is intended to reduce the chances of tree failure and any corresponding property liabilities, in addition to enhancing aesthetic value but is not a guarantee. We cannot be held responsible for unknown or otherwise hidden defects of your trees, which may fail in the future. The corrective work proposed herein cannot guarantee exact results. Professional engineering, architectural, and/or landscape design services ﴾“Design Services”﴿ are not included in this Agreement and shall not be provided by the Contractor. Any design defects in the Contract Documents are the sole responsibility of the Owner. If the Client/Owner must engage a licensed engineer, architect and/or landscape design professional, any costs concerning these Design Services are to be paid by the Client/Owner directly to the designer involved.

Acceptance of this Proposal
Contractor is authorized to perform the work stated on the face of this proposal. Payment will be 100% due at time of billing. If payment has not been received by BrightView Tree Care Services within fifteen ﴾15﴿ days after billing, BrightView Tree Care Services shall be entitled to all costs of collection, including reasonable attorneys’ fees and it shall be relieved of any obligation to continue performance under this or any other Contract with Client/Owner. Interest at a per annum rate of 1% per month, or the highest rate permitted by law, will be charged on unpaid balance 45 days after billing.

NOTICE: FAILURE TO MAKE PAYMENT WHEN DUE FOR COMPLETED WORK ON CONSTRUCTION JOBS, MAY RESULT IN A MECHANIC’S LIEN ON THE TITLE TO YOUR PROPERTY.

Customer

Signature

February 21, 2024

Printed Name	Date

BrightView Tree Care Services

Johnathan Giaquinta	February 21, 2024

Signature	Date

Johnathan Giaquinta	February 21, 2024

contract terms introduced by Client/Owner that are not specified in the signed written proposal shall constitute a counter offer and will require a new written proposal or an executed written order to address such changes. Any additional costs related thereto shall be charged by Contractor as an extra charge over and above the estimate.

Access to Job Site: Client/Owner shall provide all utilities to perform the work. Client/Owner shall furnish access to all parts of the job site where Contractor is to perform work as required by the Contract or other functions related thereto, during normal
business hours and other reasonable periods related thereto, during normal business hours and other reasonable periods of time. Contractor will perform the work as reasonably practical after the owner makes the site available for performance of the work.

Printed Name

ISA Certified Arborist‐FL‐9956A
Certified Pest Control Operator‐JF293335

Date

May 23, 2024
Proposal #: 781817

BrightView Tree Care Services
Branch Office #49360
701 Codisco Way Sanford , Florida 32771 Johnathan Giaquinta
ISA Certified Arborist-FL-9956A
Certified Pest Control Operator-JF293335 johnathan.giaquinta@brightview.com tel:4077974388

Tree Care Service Address/Location
Myrtle Creek Improvement ID#: 345200313
70527076 Tavistock Lakes Blvd Orlando, 32827

Tree Care Service Billing Address
Charles Barker
, Florida 32832 Charles Barker
Charles.Barker@brightview.com

Proposed Tree Care Services

Species	DBH	Qty	Objective	Price	
Slash Pine
Pinus elliottii	7"-12"	4	Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris, Cut trunk to lowest height possible just above ground without removal of ground soil..	-	
Total				$2,850	

Legend (4)

 Slash Pine (4)

Map data ©2024 Imagery ©2024 Airbus Report a map error

May 23, 2024

Pinus elliottii
Slash Pine

ID# 1061

DBH: 7"-12"

Health: 0% - Dead

Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris, Cut trunk to lowest height possible just
above ground without removal of ground soil..

May 23, 2024

Pinus elliottii
Slash Pine

ID# 1062

DBH: 7"-12"

Health: 0% - Dead

Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris, Cut trunk to lowest height possible just
above ground without removal of ground soil..

May 23, 2024

Pinus elliottii
Slash Pine

ID# 1063

DBH: 7"-12"

Health: 0% - Dead

Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris, Cut trunk to lowest height possible just
above ground without removal of ground soil..

May 23, 2024

Pinus elliottii
Slash Pine

ID# 1064

DBH: 7"-12"

Health: 0% - Dead

Removal and Flush Cut - Above Ground portion removal and flush cut. Removal of all debris, Cut trunk to lowest height possible just
above ground without removal of ground soil..

BrightView Tree Care Services Terms & Conditions

Bid Specifications: The Contractor shall recognize and perform in accordance with only written terms, specifications, and drawings contained or referred to herein. All materials shall conform to bid specifications. Work is beingdone in accordance with ANSI A300 standards.

Bid Expiration: This proposal will remain in effect for thirty ﴾30﴿ days from the date it was first presented to Client/Owner, unless accepted or rejected by Client/Owner, or withdrawn by Contractor prior to that time.

Work Force: Contractor shall designate a qualified representative with experience in tree management. The work force shall be presentable at all times. All employees shall be competent and qualified and shall be legally authorized to work in the U.S.

Tree & Stump Removal: Trees removed will be cut as close to the ground as possible based on conditions near to or next to the bottom of the tree trunk. Additional charges will be levied for unseen hazards such as, but not limited to concrete or brick filled trunks,
metal rods, etc. If requested, mechanical grinding of visible tree stump will be done to a defined width and depth below ground level at an additional charge to the Client/Owner. Defined backfill and landscape material may be specified. Client/Owner shall be responsible for contacting Underground Service Alert to locate underground utility lines prior to start of work. BrightView Tree Care Services is not responsible for damage done to underground utilities such as, but not limited to, cables, wires, pipes, and irrigation parts. BrightView Tree Care Services will repair damaged irrigation lines at the Client/Owner's expense.

Scheduling of Work: If the jobsite conditions materially change from the time of approval of this proposal to the time the work starts, such that the job costs are adversely changed, this proposal is null and void. Scheduling of work is dependent on weather
conditions and workloads. Our office will call the day prior to the work being done, unless other arrangements are made.

Work Hours: Any work, including emergency work, overtime and weekend work performed outside of the normal working hours ﴾Monday‐Friday between 6:30 a.m. and
2.30 p.m.﴿ shall be billed at overtime rates. Use of power equipment will commence at 7:00
a.m., unless otherwise specified in the scope of work. Additional charges will be applied if crews cannot use power equipment by 9:00 a.m.

License and Permits: Contractor shall maintain a Landscape Contractor’s license if required by State or local law and will comply with all other licenseand permit requirements of relevant city, state and federal governments, as well as all other requirements of law.

Taxes: Contractor agrees to pay all applicable taxes, including sales taxes on material supplied, where applicable.

Insurance: Contractor agrees to provide General Liability Insurance, Automotive Liability Insurance, Worker’s Compensation Insurance, and any other insurance required by law or Client/Owner, as specified in writing prior to commencement of work. If not specified, Contractor will furnish insurance with a $1,000,000 limit of liability.

Liability: Contractor shall indemnify the Client/Owner and its agents and employees from and against any liabilities that arise out of Contractor’s work to the extent such liabilities are adjudicated to have been caused by Contractor’s negligence or willful misconduct.
Contractor shall not be liable for any damage that occurs from acts of God. Acts of God are defined as those caused by windstorm, hail, fire, flood, earthquake, hurricane and freezing, etc. Under these circumstances, Contractor shall have the right to renegotiate the terms and prices of this agreement within sixty ﴾60﴿ days. Any illegal trespass, claims and/or damages resulting from work requested that is not on property owned by Client/Owner or not under Client/Owner.

Waiver of Liability: Requests for crown thinning in excess of twenty‐five percent ﴾25%﴿, or work not in accordance with ISA ﴾International Society of Arboricultural﴿ standards will require a signed waiver of liability.

Non‐Union Contractor: Client/Owner acknowledges that Contractor is not a signatory to any union agreements. If any services hereunder would be covered by any labor union that Client/Owner is bound to or that may have a claim to such work, then this written
proposal shall be immediately terminated and become void, with no further liability to Contractor.

Subcontractors: Contractor reserves the right to hire qualified subcontractors to perform specialized functions or work requiring specialized equipment.

Additional Services: Any additional work, changes in the scope of work, or additional

Invoicing: Client/Owner shall make payment to Contractor within fifteen ﴾15﴿ days of receipt of invoice.

Cancellation: Notice of cancellation of work must be received in writing before the crew is dispatched to their location or Client/Owner will be liable for a minimum travel charge of
$150.00 and billed to Client/Owner.

Assignment: The Client/Owner and the Contractor, respectively, bind themselves, their partners, successors, assignees and legal representatives to the other party with respect to all covenants of this Contract. In the event of sale or transfer of Client/Owner's interest in
its business and/or the propertywhich is the subject of this agreement, Client/Owner must first obtain the written consent of Contractor for the assignment of any interest in this agreement to be effective.

Disclaimer: This proposal for tree care services was estimated and priced based upon a site visit and visual inspection from ground level using ordinary means, at or about the time this proposal was prepared. The price quoted in this proposal for the work described,
is the result of that ground level visual inspection and therefore our company will not be liable for any additional costs or damages for additional work not described herein, or liable for any incidents/accidents resulting from conditions, that were not ascertainable by said ground level visual inspection by ordinary means at the time said inspection was performed. The work performed by BrightView Tree Care Services is intended to reduce the chances of tree failure and any corresponding property liabilities, in addition to enhancing aesthetic value but is not a guarantee. We cannot be held responsible for unknown or otherwise hidden defects of your trees, which may fail in the future. The corrective work proposed herein cannot guarantee exact results. Professional engineering, architectural, and/or landscape design services ﴾“Design Services”﴿ are not included in this Agreement and shall not be provided by the Contractor. Any design defects in the Contract Documents are the sole responsibility of the Owner. If the Client/Owner must engage a licensed engineer, architect and/or landscape design professional, any costs concerning these Design Services are to be paid by the Client/Owner directly to the designer involved.

Acceptance of this Proposal
Contractor is authorized to perform the work stated on the face of this proposal. Payment will be 100% due at time of billing. If payment has not been received by BrightView Tree Care Services within fifteen ﴾15﴿ days after billing, BrightView Tree Care Services shall be entitled to all costs of collection, including reasonable attorneys’ fees and it shall be relieved of any obligation to continue performance under this or any other Contract with Client/Owner. Interest at a per annum rate of 1% per month, or the highest rate permitted by law, will be charged on unpaid balance 45 days after billing.

NOTICE: FAILURE TO MAKE PAYMENT WHEN DUE FOR COMPLETED WORK ON CONSTRUCTION JOBS, MAY RESULT IN A MECHANIC’S LIEN ON THE TITLE TO YOUR PROPERTY.

Customer

Signature

May 23, 2024

Printed Name	Date

BrightView Tree Care Services

Johnathan Giaquinta	May 23, 2024

Signature	Date

Johnathan Giaquinta	May 23, 2024

contract terms introduced by Client/Owner that are not specified in the signed written proposal shall constitute a counter offer and will require a new written proposal or an executed written order to address such changes. Any additional costs related thereto shall be charged by Contractor as an extra charge over and above the estimate.

Access to Job Site: Client/Owner shall provide all utilities to perform the work. Client/Owner shall furnish access to all parts of the job site where Contractor is to perform work as required by the Contract or other functions related thereto, during normal
business hours and other reasonable periods related thereto, during normal business hours and other reasonable periods of time. Contractor will perform the work as reasonably practical after the owner makes the site available for performance of the work.

Printed Name

ISA Certified Arborist‐FL‐9956A
Certified Pest Control Operator‐JF293335

Date

MYRTLE CREEK IMPROVEMENT DISTRICT

District’s Financial Position and Budget to Actual YTD

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

	Assets		
Current Assets
General Checking Account	
$1,590,787.75							
$1,590,787.75	
Money Market Account	68,977.62							68,977.62	
State Board of Administration	4,391.49							4,391.49	
Pond Reserve	10,000.00							10,000.00	
Assessments Receivable	59,565.80							59,565.80	
Deposits	4,300.00							4,300.00	
General Reserve	261,277.84							261,277.84	
Assessments Receivable		$81,145.28						81,145.28	
Due From Other Funds		153,387.52						153,387.52	
Debt Service Reserve		322,319.28						322,319.28	
Revenue		71,692.01						71,692.01	
Prepayment		2,181.26						2,181.26	
Accounts Receivable - Due from Developer				$47.65				47.65	
Acquisition/Construction		
		37,003.12				37,003.12	
Total Current Assets	$1,999,300.50	$630,725.35		$37,050.77		$0.00		$2,667,076.62	

Investments									
Amount Available in Debt Service Funds							$396,192.55		$396,192.55	
Amount To Be Provided							13,113,807.45		13,113,807.45	
Total Investments	$0.00		$0.00		$0.00		$13,510,000.00		$13,510,000.00	
Total Assets	$1,999,300.50		$630,725.35		$37,050.77		$13,510,000.00		$16,177,076.62	

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Liabilities and Net Assets

Current Liabilities

Accounts Payable	$161,551.54								$161,551.54	
Due To Other Governmental Units	8,256.51								8,256.51	
Deferred Revenue	59,565.80								59,565.80	
Deferred Revenue			$81,145.28						81,145.28	
Accounts Payable					$47.65				47.65	
Deferred Revenue					47.65				47.65	
Total Current Liabilities	$229,373.85		$81,145.28		$95.30		$0.00		$310,614.43	

Long Term Liabilities
Revenue Bonds Payable - Long-Term							

$13,510,000.00		

$13,510,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$13,510,000.00		$13,510,000.00	
Total Liabilities	$229,373.85		$81,145.28		$95.30		$13,510,000.00		$13,820,614.43	

Net Assets
Net Assets, Unrestricted	

$1,310,790.05								

$1,310,790.05	
Net Assets - General Government	(72,855.38)								(72,855.38)	
Current Year Net Assets - General Government	531,991.98								531,991.98	
Net Assets, Unrestricted			$630,722.89						630,722.89	
Current Year Net Assets, Unrestricted			(81,142.82)						(81,142.82)	
Net Assets, Unrestricted					($417,951.06)				(417,951.06)	
Net Assets, Unrestricted					453,904.47				453,904.47	
Current Year Net Assets, Unrestricted					1,002.06				1,002.06	
Total Net Assets	$1,769,926.65		$549,580.07		$36,955.47		$0.00		$2,356,462.19	
										
Total Liabilities and Net Assets	$1,999,300.50		$630,725.35		$37,050.77		$13,510,000.00		$16,177,076.62	

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Revenues

On-Roll Assessments	$866,493.63								$866,493.63	
Other Income & Other Financing Sources	12.00								12.00	
On-Roll Assessments			$1,180,406.83						1,180,406.83	
Developer Contributions					$249.46				249.46	
Total Revenues	$866,505.63		$1,180,406.83		$249.46		$0.00		$2,047,161.92	

Expenses

Supervisor Fees	$3,200.00	$3,200.00	
Public Officials' Liability Insurance	4,048.00	4,048.00	
Trustee Services	6,176.23	6,176.23	
Management	31,166.64	31,166.64	
Engineering	2,561.14	2,561.14	
Property Appraiser	2,986.11	2,986.11	
District Counsel	6,469.54	6,469.54	
Assessment Administration	7,500.00	7,500.00	
Audit	3,765.00	3,765.00	
Arbitrage Calculation	700.00	700.00	
Travel and Per Diem	40.23	40.23	
Postage & Shipping	28.69	28.69	
Legal Advertising	1,343.18	1,343.18	
Bank Fees	12.00	12.00	
Miscellaneous	8.09	8.09	
Web Site Maintenance	1,680.00	1,680.00	
Holiday Decorations	1,000.00	1,000.00	
Dues, Licenses, and Fees	175.00	175.00	
Electric	1,169.79	1,169.79	
Entry Lighting	195.35	195.35	
Water Reclaimed	24,745.62	24,745.62	
Aquatic Contract	2,600.00	2,600.00	
General Liability Insurance	4,636.00	4,636.00	
Irrigation	3,096.35	3,096.35	
Landscaping Maintenance & Material	126,243.92	126,243.92	
Tree Trimming	9,100.00	9,100.00	
Flower & Plant Replacement	6,409.39	6,409.39	
Contingency	300.00	300.00	

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

IME - Aquatics Maintenance	2,104.24								2,104.24	
IME - Irrigation	2,289.99								2,289.99	
IME - Landscaping	60,296.24								60,296.24	
IME - Lighting	297.35								297.35	
IME - Miscellaneous	96.08								96.08	
IME - Water Reclaimed	330.84								330.84	
Pest Control	1,255.00								1,255.00	
Entry and Wall Maintenance	550.00								550.00	
IME - Landscape Improvements	5,156.55								5,156.55	
Streetlights	7,596.12								7,596.12	
Personnel Leasing Agreement	24,000.08								24,000.08	
Principal Payments			$820,000.00						820,000.00	
Interest Payments			464,400.00						464,400.00	
Legal Advertising					$297.11				297.11	
Total Expenses	$355,328.76		$1,284,400.00		$297.11		$0.00		$1,640,025.87	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$20,815.11								$20,815.11	
Dividends Income			$22,850.35						22,850.35	
Dividends Income					$1,049.71				1,049.71	
Total Other Revenues (Expenses) & Gains (Losses)	$20,815.11		$22,850.35		$1,049.71		$0.00		$44,715.17	
Change In Net Assets	$531,991.98		($81,142.82)		$1,002.06		$0.00		$451,851.22	
Net Assets At Beginning Of Year	$1,237,934.67		$630,722.89		$35,953.41		$0.00		$1,904,610.97	

Net Assets At End Of Year	
$1,769,926.65		
$549,580.07		
$36,955.47		
$0.00		
$2,356,462.19	

Oct-23	Nov-23	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24	

$	-	
$  96,165.13	
$ 255,365.68	
$  68,151.48	
$  250,688.51	
$  63,725.53	
$  19,801.11	
$ 112,596.19	
-	-	-	-	-	-	12.00	-	
7,043.56	7,043.57	7,043.56		7,043.56		7,043.56		7,043.57		7,043.56		7,043.56	
$	7,043.56	$ 103,208.70	$ 262,409.24		$  75,195.04		$  257,732.07		$  70,769.10		$  26,856.67		$ 119,639.75	

Revenues
On-Roll Assessments
Other Income & Other Financing Sources Carryforward Revenue
Net Revenues

General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative

$	-	$

-	$	600.00	$

-	$	800.00	$

-	$	1,000.00	$

800.00

YTD Actual

$  866,493.63
12.00
56,348.50	
$  922,854.13

$	3,200.00

4,048.00
6,176.23
31,166.64
2,561.14
- 2,986.11
6,469.54
7,500.00
- 3,765.00
700.00
40.23
- 28.69
- 1,343.18
12.00
8.09
-
- 1,680.00
1,000.00
175.00	
$	72,859.85

$	855.03
195.35

22,654.06

2,600.00
-

4,636.00
-
- 3,096.35	

Public Officials' Liability Insurance	4,048.00	-	-	-	-	-	
Trustee Services	6,176.23	-	-	-	-	-	
Management	3,895.83	3,895.83	3,895.83	3,895.83	3,895.83	3,895.83	

-	-
-	-
3,895.83	3,895.83
Engineering	-	125.00	-	707.51	-	687.50	-	1,041.13
Disclosure	-	-	-	-	-	-	-	-

Property Appraiser	-	-	-	
District Counsel	-	277.50	823.50	
Assessment Administration	-	-	7,500.00	

-	2,986.11		-		-		- 1,680.96		-	507.00	1,822.58	1,358.00
-	-	-	-	-
Reamortization Schedules	-	-	-	-	-	-	-	-	
Audit	-	-	-	-	-	-	3,765.00	-	
Arbitrage Calculation	-	-	-	-	-	-	-	700.00	
Travel and Per Diem	-	-	-	12.71	-	12.96	-	14.56	
Telephone	-	-	-	-	-	-	-	-	
Postage & Shipping	-	-	-	-	-	-	28.69	-	
Copies	-	-	-	-	-	-	-	-	
Legal Advertising	-	469.00	435.18	-	-	-	219.50	219.50	
Bank Fees	-	-	-	-	-	12.00	-	-	
Miscellaneous	-	1.16	1.15	1.16	1.15	1.15	1.16	1.16	
Meeting Room	-	-	-	-	-	-	-	-	
Office Supplies	-	-	-	-	-	-	-	-	
Web Site Maintenance	-	270.00	135.00	435.00	-	270.00	435.00	135.00	
Holiday Decorations	-	-	1,000.00	-	-	-	-	-	
Dues, Licenses, and Fees		175.00			-			-			-			-			-			-			-	
Total General & Administrative Expenses	$	14,295.06		$	5,038.49		$	14,390.66		$	6,733.17		$	7,683.09		$	5,386.44		$	11,167.76		$	8,165.18	

Field Operations
Electric Utility Services

Electric	$	-	$	120.99	$	122.34	$	122.83	$	122.09	$	121.48	$	122.83	$	122.47	
Entry Lighting	-	28.06	28.18	28.55	27.58	27.45	27.95	27.58	
Water-Sewer Combination Services
Water Reclaimed	
-	
2,190.62	
4,365.66	
3,610.63	
2,886.11	
2,480.52	
2,313.00	
4,807.52	
Stormwater Control
Aquatic Contract	
325.00	
325.00	
325.00	
325.00	
325.00	
325.00	
325.00	
325.00	
Lake/Pond Repair Reserve	-	-	-	-	-	-	-	-	
Other Physical Environment
General Liability Insurance	
4,636.00	
-	
-	
-	
-	
-	-	-	
Property & Casualty Insurance	-	-	-	-	-	-	-	-	
Auto Insurance	-	-	-	-	-	-	-	-	
Irrigation	455.01	-	-	-	-	-	2,641.34	-	

YTD Actual

101,888.40
315.92
9,100.00
6,409.39
300.00
1,255.00
-

2,104.24
2,289.99
60,296.24
297.35
96.08
330.84
5,156.55
- 550.00
7,596.12

24,000.08

-
-	
$  256,022.99

$	-
24,039.60
- 314.76
-
2,091.56	
$	26,445.92

$  355,328.76	

$  567,525.37

$	20,815.11	
$	20,815.11	
$  588,340.48	

Oct-23

Landscaping Maintenance & Material	Nov-23	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24	
District Landscaping	-	-	38,208.15	12,736.05	12,736.05	12,736.05	12,736.05	12,736.05	
Gateway Road Landscaping	39.49	39.49	39.49	39.49	39.49	39.49	39.49	39.49	
Tree Trimming	-	-	-	9,100.00	-	-	-	-	
Flower & Plant Replacement	-	-	215.00	1,450.00	4,744.39	-	-	-	
Contingency	-	-	-	-	-	-	300.00	-	
Pest Control	-	-	-	-	-	1,255.00	-	-	
Hurricane Cleanup	-	-	-	-	-	-	-	-	
IME - Aquatics Maintenance	263.03	263.03	263.03	263.03	263.03	263.03	263.03	263.03	
IME - Irrigation	-	869.40	-	-	430.61	657.65	-	332.33	
IME - Landscaping	-	15,074.06	7,537.03	7,537.03	7,537.03	7,537.03	7,537.03	7,537.03	
IME - Lighting	-	48.51	46.88	46.15	44.83	40.91	36.30	33.77	
IME - Miscellaneous	-	-	-	-	-	96.08	-	-	
IME - Water Reclaimed	-	1.74	83.68	-	74.55	68.03	51.98	50.86	
IME - Landscape Improvements	7,537.03	(2,380.48)	-	-	-	-	-	-	
New Operational Field Expenses
Trail Repair	-	-	-	
-	
-	
-	
-	
-	
Entry and Wall Maintenance	-	-	550.00	-	-	-	-	-	
Streetlights	-	1,073.06	1,073.06	1,090.00	1,090.00	1,090.00	1,090.00	1,090.00	
Parks & Recreation							
Personnel Leasing Agreement	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	3,000.01	
Contingency							
Infrastructure Capital Reserve	-	-	-	-	-	-	-	-	
Interchange Maintenance Reserve	-	-	-	-	-	-	-	-	
Total Field Operations Expenses	$  16,255.57		$  20,653.49		$  55,857.51		$  39,348.77		$	33,320.77		$  29,737.73		$  30,484.01		$  30,365.14	

Wellspring Blvd./Performance Drive Expenses									
Irrigation Repairs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Landscaping	-	-	9,014.85	3,004.95	3,004.95	3,004.95	3,004.95	3,004.95	
Flower & Plant Replacement	-	-	-	-	-	-	-	-	
Lighting	-	44.88	44.88	45.12	44.88	44.88	45.12	45.00	
Miscellaneous	-	-	-	-	-	-	-	-	
Water Reclaimed	-	430.59	462.21	500.45	387.55	-	-	310.76	
Total Wellspring Blvd./Performance Drive Expenses	$	-		$	475.47		$	9,521.94		$	3,550.52		$	3,437.38		$	3,049.83		$	3,050.07		$	3,360.71	
Total Expenses	 $  30,550.63 		 $  26,167.45 		 $  79,770.11 		 $  49,632.46 		 $	44,441.24 		 $  38,174.00 		 $  44,701.84 		 $  41,891.03 	

Income (Loss) from Operations	$ (23,507.07)		
$  77,041.25		
$ 182,639.13		
$  25,562.58		
$  213,290.83		
$  32,595.10		
$ (17,845.17)		
$  77,748.72	
Other Income (Expense)
Interest Income	$	59.66		
$	56.92		
$	1,883.42		
$	68.29		
$	60.80		
$  18,553.44		
$	66.27		
$	66.31	
Total Other Income (Expense)	$	59.66		$	56.92		$	1,883.42		$	68.29		$	60.80		$  18,553.44		$	66.27		$	66.31	
Net Income (Loss)	$ (23,447.41)		$  77,098.17		$ 184,522.55		$  25,630.87		$  213,351.63		$  51,148.54		$ (17,778.90)		$  77,815.03	

Interchange Maintenance Expenses

Road & Street Facilities

Actual	Budget	Variance	FY 2024
Adopted Budget

Percentage Spent

Revenues

On-Roll Assessments	$	866,493.63		$	618,367.87		$	248,125.76		$	927,551.80		93.42%	
Other Income & Other Financing Sources	12.00		-		12.00		-			
Carryforward Revenue	56,348.50		56,348.50		-		84,522.75		66.67%	
Net Revenues	$	922,854.13		$	674,716.37		$	248,137.76		$  1,012,074.55		91.18%	

Supervisor Fees	$	3,200.00	$	8,000.00	$	(4,800.00)	$	12,000.00	26.67%	

Public Officials' Liability Insurance	4,048.00	3,110.00	938.00	4,665.00		
86.77%	
Trustee Services	6,176.23		4,666.67		1,509.56		7,000.00		88.23%	
Management	31,166.64		31,166.67		(0.03)		46,750.00		66.67%	
Engineering	2,561.14		6,666.67		(4,105.53)		10,000.00		25.61%	
Disclosure	-		1,200.00		(1,200.00)		1,800.00		0.00%	
Property Appraiser	2,986.11		1,666.67		1,319.44		2,500.00		119.44%	
District Counsel	6,469.54		16,666.67		(10,197.13)		25,000.00		25.88%	
Assessment Administration	7,500.00		5,000.00		2,500.00		7,500.00		100.00%	
Reamortization Schedules	-		166.67		(166.67)		250.00		0.00%	
Audit	3,765.00		2,666.67		1,098.33		4,000.00		94.13%	
Arbitrage Calculation	700.00		600.00		100.00		900.00		77.78%	
Travel and Per Diem	40.23		200.00		(159.77)		300.00		13.41%	
Telephone	-		33.33		(33.33)		50.00		0.00%	
Postage & Shipping	28.69		666.67		(637.98)		1,000.00		2.87%	
Copies	-		1,333.33		(1,333.33)		2,000.00		0.00%	
Legal Advertising	1,343.18		4,333.33		(2,990.15)		6,500.00		20.66%	
Bank Fees	12.00		240.00		(228.00)		360.00		3.33%	
Miscellaneous	8.09		6,333.33		(6,325.24)		9,500.00		0.09%	
Meeting Room	-		533.34		(533.34)		800.00		0.00%	
Office Supplies	-		180.00		(180.00)		270.00		0.00%	
Web Site Maintenance	1,680.00		1,800.00		(120.00)		2,700.00		62.22%	
Holiday Decorations	1,000.00		666.67		333.33		1,000.00		100.00%	
Dues, Licenses, and Fees	175.00		116.67		58.33		175.00		100.00%	
Total General & Administrative Expenses	$	72,859.85		$	98,013.36		$	(25,153.51)		$	147,020.00		49.56%	

General & Administrative Expenses Legislative

Financial & Administrative

Actual	Budget	Variance	FY 2024
Adopted Budget

Percentage Spent

Field Operations		
Electric Utility Services
Electric	
$	855.03	
$	1,000.00	
$	(144.97)	
$	1,500.00	
57.00%	
Entry Lighting	195.35	333.33	(137.98)	500.00	39.07%	
Water-Sewer Combination Services
Water Reclaimed	
22,654.06	
16,666.67	
5,987.39	
25,000.00	
90.62%	
Stormwater Control
Aquatic Contract	
2,600.00	
2,600.00	
-	
3,900.00	
66.67%	
Lake/Pond Repair Reserve	-	3,333.33	(3,333.33)	5,000.00	0.00%	
Other Physical Environment
General Liability Insurance	
4,636.00	
3,333.33	
1,302.67	
5,000.00	
92.72%	
Property & Casualty Insurance	-	1,133.33	(1,133.33)	1,700.00	0.00%	
Auto Insurance	-	66.67	(66.67)	100.00	0.00%	
Irrigation Repairs
Landscaping Maintenance & Material	3,096.35	30,000.00	(26,903.65)	45,000.00	6.88%	
District Landscaping	101,888.40	175,718.08	(73,829.68)	263,577.12	38.66%	
Gateway Road Landscaping	315.92	315.92	-	473.88	66.67%	
Tree Trimming	9,100.00	26,666.67	(17,566.67)	40,000.00	22.75%	
Flower & Plant Replacement	6,409.39	33,333.33	(26,923.94)	50,000.00	12.82%	
Contingency	300.00	56,943.45	(56,643.45)	85,415.18	0.35%	
Pest Control	1,255.00	1,873.33	(618.33)	2,810.00	44.66%	
Hurricane Cleanup	-	33,333.33	(33,333.33)	50,000.00	0.00%	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
2,104.24	
2,226.00	
(121.76)	
3,339.00	
63.02%	
IME - Irrigation Repairs	2,289.99	2,100.00	189.99	3,150.00	72.70%	
IME - Landscaping	60,296.24	60,296.25	(0.01)	90,444.38	66.67%	
IME - Lighting	297.35	840.00	(542.65)	1,260.00	23.60%	
IME - Miscellaneous	96.08	4,200.00	(4,103.92)	6,300.00	1.53%	
IME - Water Reclaimed	330.84	1,050.00	(719.16)	1,575.00	21.01%	
IME - Landscape Improvements	5,156.55	8,400.00	(3,243.45)	12,600.00	40.93%	
New Operational Field Expenses
Trail Repair	
-	
10,000.00	
(10,000.00)	
15,000.00	
0.00%	
Road & Street Facilities
Entry and Wall Maintenance	
550.00	
6,666.67	
(6,116.67)	
10,000.00	
5.50%	
Streetlights	7,596.12	10,000.00	(2,403.88)	15,000.00	50.64%	
Parks & Recreation
Personnel Leasing Agreement	
24,000.08	
24,000.00	
0.08	
36,000.00	
66.67%	
Reserves						
Infrastructure Capital Reserve		-			13,333.33			(13,333.33)			20,000.00		0.00%	
Interchange Maintenance Reserve		-			1,573.33			(1,573.33)			2,360.00		0.00%	
Total Field Operations Expenses	$	256,022.99		$	531,336.35		$	(275,313.36)		$	797,004.56		32.12%	

Actual	Budget	Variance	FY 2024
Adopted Budget

Percentage Spent

Wellspring Blvd./Performance Drive Expense

Irrigation Repairs	$	-	$	3,487.00	$	(3,487.00)	$	5,230.50	0.00%	
Landscaping	24,039.60	24,024.00	15.60	36,036.00	66.71%	
Flower & Plant Replacement	-	6,666.67	(6,666.67)	10,000.00	0.00%	
Lighting	314.76	6,989.00	(6,674.24)	10,483.50	3.00%	
Miscellaneous	-	2,333.33	(2,333.33)	3,500.00	0.00%	
Water Reclaimed	2,091.56	2,333.33	(241.77)	3,500.00	59.76%	
Total Wellspring Blvd./Performance Drive Expenses	$	26,445.92		$	45,833.33		$	(19,387.41)		$	68,750.00		38.47%	

Total Expenses	
$	
355,328.76		
$	
675,183.04		
$	
(319,854.28)		
$	
1,012,774.56		
35.08%	

Income (Loss) from Operations

$	567,525.37	$

(466.67)

$	567,992.04	$

(700.00)

Other Income (Expense)

Interest Income	$	20,815.11		$	466.67		$	20,348.44		$	700.00		2973.59%	
Total Other Income (Expense)	$	20,815.11		$	466.67		$	20,348.44		$	700.00		2973.59%	
Net Income (Loss)	$	588,340.48		$	-		$	588,340.48		$	-			

Myrtle Creek Improvement District Cash Flow

FY23 Inflows	FY23 Outflows	FY24 Inflows	FY24 Outflows	End. Cash	
	-		-			
6,167.58	(118,495.98)	-	(8,684.00)	920,662.79		
5,481.50	(32,350.81)	12.03	(3,500.01)	890,305.50		
-	(13,119.39)	227,239.29	(29,996.32)	1,074,429.08		
-	-	605,083.42	(243,721.33)	1,435,791.17		
-	-	161,060.14	(450,743.46)	1,146,107.85		
-	-	589,227.20	(54,372.40)	1,680,962.65		
-	-	169,141.00	(465,684.28)	1,384,419.37		
-	-	46,949.71	(42,101.88)	1,389,267.20		
-	-	266,003.03	(64,482.48)	1,590,787.75		
-	-	-	-	1,590,787.75	as of 06/06/2024	

Beg. Cash

9/1/2023	1,041,675.19	
10/1/2023	920,662.79	
11/1/2023	890,305.50	
12/1/2023	1,074,429.08	
1/1/2024	1,435,791.17	
2/1/2024	1,146,107.85	
3/1/2024	1,680,962.65	
4/1/2024	1,384,419.37	
5/1/2024	1,389,267.20	
6/1/2024	1,590,787.75	

Totals	11,649.08	(163,966.18)	2,064,715.82	(1,363,286.16)