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, July 20, 2021 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 July 20, 2021 Board of Supervisors’ Meeting (provided under separate cover)
Consideration of Resolution 2021-05, Approving an Annual Meeting Schedule for Fiscal Year 2022

Business Matters
Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2021-06, Adopting the Fiscal Year 2022 Budget and Appropriating Funds (provided under separate cover)
Consideration of Resolution 2021-07, Adopting an Assessment Roll for Fiscal Year 2022 and Certifying Special Assessments for Collection (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in July 2021 in an amount totaling $41,401.30
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 July 20, 2021 Board of Supervisors’ Meeting
(provided under separate cover)

Resolution 2021-05,
Approving an Annual Meeting Schedule for Fiscal Year 2022

RESOLUTION 2021-05

A RESOLUTION OF THE MYRTLE CREEK IMRPOVEMENT DISTRICT DESIGNATING DATES, TIMES AND LOCATIONS FOR REGULAR MEETINGS OF THE BOARD OF SUPERVISORS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Myrtle Creek Improvement District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated in City of Orlando, Florida; and

WHEREAS, the Board of Supervisors of the District (“Board”) is statutorily authorized to exercise the powers granted to the District; and

WHEREAS, all meetings of the Board shall be open to the public and governed by the provisions of Chapter 286, Florida Statutes; and

WHEREAS, the Board is statutorily required to file annually, with the local governing authority and the Florida Department of Economic Opportunity, a schedule of its regular meetings.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT:

Regular meetings of the District’s Board shall be held as provided on the schedule attached hereto as Exhibit A.

In accordance with Section 189.015(1), Florida Statutes, the District’s Secretary is hereby directed to file annually with Orange County a schedule of the District’s regular meetings.

This Resolution shall take effect immediately upon adoption.

Adopted this 17TH day of August, 2021.

ATTEST:	Myrtle Creek Improvement District

Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT A

Myrtle Creek Improvement District Fiscal Year 2020-2021

The Board of Supervisors of the Myrtle Creek Improvement District will hold its meetings for the Fiscal Year 2022 at the Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd., Orlando, Florida 32827 at 5:00 p.m. on the third Tuesday of each month unless otherwise noted below.

October 19, 2021
November 16, 2021
December 14, 2021
January 18, 2022
February 15, 2022
March 15, 2022
April 19, 2022
May 17, 2022
June 21, 2022
July 19, 2022
August 16, 2022
September 20, 2022

Construction Committee of the Boggy Creek, Greeneway, Midtown & Myrtle Creek Improvement Districts and the Poitras East Community Development District Fiscal Year 2021-2022

The Construction Committee of the Boggy Creek, Greeneway, Midtown and Myrtle Creek Improvement Districts and the Poitras East Community Development District will be meeting for the Fiscal Year 2022 in the office of Donald W. McIntosh Associates, Inc., 2200 Park Avenue North, Winter Park, FL 32789 at 3:30 p.m. every other week as follows:

October 7 & 21, 2021
November 4 & 18, 2021
December 2, 16 & 30, 2021
January 13 & 27, 2022
February 10 & 24, 2022
March 10 & 24, 2022
April 7 & 21, 2022
May 5 & 19, 2022
June 2, 16 & 30, 2022
July 14 & 28, 2022
August 11 & 25, 2022
September 8 & 22, 2022

Resolution 2021-06,
Adopting the Fiscal Year 2022 Budget and Appropriating Funds
(provided under separate cover)

Resolution 2021-07,
Adopting an Assessment Roll for Fiscal Year 2022 and Certifying Special Assessments for Collection
(provided under separate cover)

Operation and Maintenance Expenditures Paid in July 2021 in an amount totaling $41,401.30

MYRTLE CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 12051 CORPORATE BLVD ● 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 July 1, 2021 through July 31, 2021. This does not include expenditures previously approved by the Board.

The total items being presented:       $41,401.30

Approval of Expenditures:

 	 Chairman

 	 Vice Chairman

 	 Assistant Secretary

  ::4 ::4    				Myrtle Creek mprovement District
       k         (             k)
    k     :                      	    :  	
Check o.	Date	Status*	Vendor D	Payee ame	Amount	

 A   D: S   C T AT O AL  A  

                  

    

    

   :4

    

    

       

       

       

       

 

 

 

 

 	     

     

      

     

     

          k                 

      k         

                

                          

 A S REG STER TOTAL:

GRA D TOTAL :	         

          

       

         

       

$36,959.27

$36,959.27	

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

By Amanda Lane at 8:59 am, Jun 07, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #089

6/4/2021

Item	
Payee	
Invoice	
General	
No.		Number	Fund	

1	
Cepra Landscape
Wellspring June Landscaping	

25580	

$ 2,708.00	
		
TOTAL	
$ 2,708.00	

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

Amanda Lane

From:	Larry Kaufmann <lkaufmann@tavistock.com>
Sent:	Saturday, June 5, 2021 10:48 AM
To:	Damon Ventura
Cc:	Diana Garcia; Amanda Lane
Subject:	FW: Myrtle Creek - FR #89
Attachments:	MCID FR #089.pdf

EXTERNAL EMAIL: Use care with links and attachments.

MCID FR# 089 is approved for processing.

KDS
Kaufmann Development Services, LLC Larry Kaufmann
(407) 448‐6592
lkaufmann@tavistock.com

From: Amanda Lane <lanea@pfm.com>
Sent: Saturday, June 5, 2021 10:28 AM
To: Damon Ventura <dventura@tavistock.com>; AccountsPayable <accountspayable@tavistock.com>
Cc: Larry Kaufmann <lkaufmann@tavistock.com>
Subject: Myrtle Creek ‐ FR #89

EXTERNAL E-MAIL
Please see attached for Myrtle Creek FR #89 for $2,708.00. Amanda Lane
Assistant Chief District Accountant

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901 12051 Corporate Blvd. | Orlando, FL 32817

1

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #090
6/11/2021

Item	Payee	Invoice	General	
No.		Number	Fund	

1	
Boggy Creek Improvement District
Reimbursment for Construction-Related Legal Advertising on Req 199				
		OSC37162429	$	67.81	
2	Cepra Landscape Wellspring April Landscaping Wellspring May Landscaping				
		24164
24796	$
$	2,708.00
2,708.00	
		
TOTAL	
$	
5,483.81	

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

Amanda Lane

From:	Larry Kaufmann <lkaufmann@tavistock.com>
Sent:	Saturday, June 12, 2021 10:05 AM
To:	Amanda Lane; Damon Ventura; AccountsPayable
Subject:	RE: Myrtle Creek - FR #90
Attachments:	MCID FR #090.pdf

EXTERNAL EMAIL: Use care with links and attachments.

MCID FR#90 is approved for processing.

KDS
Kaufmann Development Services, LLC Larry Kaufmann
(407) 448‐6592
lkaufmann@tavistock.com

From: Amanda Lane <lanea@pfm.com>
Sent: Friday, June 11, 2021 4:29 PM
To: Damon Ventura <dventura@tavistock.com>; AccountsPayable <accountspayable@tavistock.com>
Cc: Larry Kaufmann <lkaufmann@tavistock.com>
Subject: Myrtle Creek ‐ FR #90

EXTERNAL E-MAIL
Please see attached for Myrtle Creek FR #90 for $5,483.81. Amanda Lane
Assistant Chief District Accountant

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901 12051 Corporate Blvd. | Orlando, FL 32817

1

By Amanda Lane at 9:26 am, Jun 28, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Funding Request #091	
6/18/2021				
Item	Payee	Invoice	General	
No.		Number	Fund	

1	Cepra Landscape
Wellspring A & B Inspections and Repairs	25210	$	866.40

TOTAL	$	866.40

Myrtle Creek Improvement District c/o PFM Group Consulting
12051 Corporate Boulevard
Orlando, FL 32817
(407) 723-5900

By Amanda Lane at 9:28 am, Jun 28, 2021

By Amanda Lane at 8:47 am, Jul 12, 2021

MYRTLE CREEK IMPROVEMENT DISTRICT

Payment Authorization #499
7/9/2021

Item	

Payee	

Invoice	

General	
No.		Number	Fund	

1	
Berman Construction			
	July Administrator & Irrigation Specialist	13320	$  3,000.01	
2	Donald W McIntosh Associates			
	Engineering Services Through 06/18/2021	41294	$	696.00	
3	Hopping Green & Sams			
	General Counsel Through 05/31/2021	123590	$  3,073.01	

4	ouc
Service 06/02/2021 - 07/02/2021	

Acct: 4782400001	

$ 4,442.03	
		
TOTAL	
$11,211.05	

tt of /ilJcL)
r:	::	istant Secretary	Chairperson

RECEIVED JUL 1 3 2021

Work Authorization/Proposed Services
(if applicable)

District’s Financial Position and Budget to Actual YTD

Myrtle Creek Improvement District
Statement of Financial Position As of 7/31/2021

	General Fund	Debt Service		Capital Projects Fund	
	
Assets			
Current Assets				
General Checking Account	$732,160.94			
Money Market Account	68,791.89			
State Board of Administration	3,998.50			
Assessments Receivable	4,120.90			
Deposits	4,300.00			
General Reserve	168,534.19			
Assessments Receivable	$6,423.93			
Due From Other Funds	15,044.94			
Debt Service Reserve	335,044.03			
Revenue	852,067.60			
Prepayment	33.82			
Sinking Fund A2 Bond	20,000.03			
Due From Other Funds			$67.81	
Acquisition/Construction			401,921.58	
Total Current Assets	$981,906.42	$1,228,614.35		$401,989.39	

Investments				
Amount Available in Debt Service Funds				
Amount To Be Provided				
Total Investments	$0.00	$0.00		$0.00	
Total Assets	$981,906.42	$1,228,614.35		$401,989.39	

Liabilities and Net Assets			
Current Liabilities				
Accounts Payable	$43,807.94			
Due To Other Funds	67.81			
Due To Other Governmental Units	14,326.92			
Deferred Revenue	4,120.90			
Deferred Revenue	$6,423.93			
Accounts Payable			$67.81	
Total Current Liabilities	$62,323.57	$6,423.93		$67.81	

Long Term Liabilities				
Revenue Bonds Payable - Long-Term				
Total Long Term Liabilities	$0.00	$0.00		$0.00	
Total Liabilities	$62,323.57	$6,423.93		$67.81	

Net Assets				
Net Assets, Unrestricted	$1,283,864.48			
Net Assets - General Government	(766,106.07)			
Current Year Net Assets - General Government	401,824.44			
Net Assets, Unrestricted	$1,219,165.38			
Current Year Net Assets, Unrestricted	3,025.04			
Net Assets, Unrestricted			($417,951.06)	
Net Assets, Unrestricted			819,854.15	
Current Year Net Assets, Unrestricted			18.49	
Total Net Assets	$919,582.85	$1,222,190.42		$401,921.58	
				
Total Liabilities and Net Assets	$981,906.42	$1,228,614.35		$401,989.39	

General Long- Term Debt		Total	

$0.00

$1,207,145.48 15,297,854.52
$16,505,000.00

$16,505,000.00		

$732,160.94 68,791.89
3,998.50
4,120.90
4,300.00
168,534.19
6,423.93
15,044.94
335,044.03
852,067.60
33.82
20,000.03
67.81
401,921.58
$2,612,510.16

$1,207,145.48 15,297,854.52
$16,505,000.00

$19,117,510.16	

$0.00

$16,505,000.00
$16,505,000.00

$16,505,000.00

$0.00

$16,505,000.00		

$43,807.94
67.81
14,326.92
4,120.90
6,423.93
67.81
$68,815.31

$16,505,000.00
$16,505,000.00

$16,573,815.31

$1,283,864.48 (766,106.07)
401,824.44

1,219,165.38
3,025.04

(417,951.06)
819,854.15
18.49

$2,543,694.85

$19,117,510.16	

Page 1 of 1

Myrtle Creek Improvement District
Statement of Activities As of 7/31/2021	
	
General Fund	
Debt Service	
Capital Projects Fund	
General Long- Term Debt	
Total	

Revenues

On-Roll Assessments Developer Contributions On-Roll Assessments Developer Contributions
Total Revenues	

$853,156.68				

$853,156.68	
	49,661.96				49,661.96	
		$1,329,961.98			1,329,961.98	
			$848.12		848.12	

$902,818.64	

$1,329,961.98	

$848.12	

$0.00	

$2,233,628.74	
Expenses						
Supervisor Fees	$8,400.00				$8,400.00	
Public Officials' Liability Insurance	3,498.00				3,498.00	
Trustee Services	7,436.91				7,436.91	
Management	33,749.98				33,749.98	
Engineering	5,873.50				5,873.50	
Dissemination Agent	1,500.00				1,500.00	
Property Appraiser	1,443.00				1,443.00	
District Counsel	16,259.77				16,259.77	
Assessment Administration	7,500.00				7,500.00	
Audit	3,625.00				3,625.00	
Travel and Per Diem	55.74				55.74	
Postage & Shipping	121.91				121.91	
Legal Advertising	3,063.76				3,063.76	
Miscellaneous	194.25				194.25	
Property Taxes	2,147.39				2,147.39	
Web Site Maintenance	2,150.00				2,150.00	
Holiday Decorations	500.00				500.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	1,161.64				1,161.64	
Entry Lighting	202.72				202.72	
Water Reclaimed	22,522.49				22,522.49	
Aquatic Contract	3,250.00				3,250.00	
General Liability Insurance	4,007.00				4,007.00	
Irrigation	34,074.25				34,074.25	
Landscaping Maintenance & Material	198,849.90				198,849.90	
Flower & Plant Replacement	17,268.16				17,268.16	
Contingency	5,594.43				5,594.43	

Page 1 of 2

Myrtle Creek Improvement District
Statement of Activities As of 7/31/2021

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

IME - Aquatics Maintenance	2,630.30								2,630.30	
IME - Irrigation	1,780.96								1,780.96	
IME - Landscaping	65,571.77								65,571.77	
IME - Lighting	552.03								552.03	
IME - Miscellaneous	3,632.18								3,632.18	
IME - Water Reclaimed	447.95								447.95	
Equipment Repair & Maintenance	1,257.00								1,257.00	
Pest Control	1,405.00								1,405.00	
Streetlights	9,682.37								9,682.37	
Personnel Leasing Agreement	30,000.10								30,000.10	
Principal Payments			$750,000.00						750,000.00	
Interest Payments			577,000.00						577,000.00	
Legal Advertising					$848.12				848.12	
Total Expenses	$501,584.46		$1,327,000.00		$848.12		$0.00		$1,829,432.58	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$590.26								$590.26	
Interest Income			$61.86						61.86	
Dividends Income			1.20						1.20	
Interest Income					$18.02				18.02	
Dividends Income					0.47				0.47	
Total Other Revenues (Expenses) & Gains (Losses)	$590.26		$63.06		$18.49		$0.00		$671.81	

Change In Net Assets	$401,824.44		$3,025.04		$18.49		$0.00		$404,867.97	

Net Assets At Beginning Of Year	
$517,758.41		
$1,219,165.38		
$401,903.09		
$0.00		
$2,138,826.88	

Net Assets At End Of Year	

$919,582.85		

$1,222,190.42		

$401,921.58		

$0.00		

$2,543,694.85	

Page 2 of 2

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 07/31/2021	

Actual	

Budget		

Variance	
FY 2021
Adopted Budget	

Revenues						
On-Roll Assessments	$	853,156.68	$	715,668.17	$	137,488.51	$	858,801.80	
Developer Contributions	49,661.96	43,746.67		5,915.29	52,496.00	
Net Revenues	$	902,818.64	$	759,414.84	$	143,403.80	$	911,297.80	
General & Administrative Expenses						
Legislative						
Supervisor Fees	$	8,400.00	$	10,000.00	$	(1,600.00)	$	12,000.00	
Financial & Administrative						
Public Officials' Liability Insurance	3,498.00	3,333.33		164.67	4,000.00	
Trustee Services	7,436.91	8,333.33		(896.42)	10,000.00	
Management	33,749.98	33,333.33		416.65	40,000.00	
District Engineering	5,873.50	8,333.33		(2,459.83)	10,000.00	
Dissemination Agent	1,500.00	5,833.33		(4,333.33)	7,000.00	
Property Appraiser	1,443.00	1,666.67		(223.67)	2,000.00	
District Counsel	16,259.77	20,833.33		(4,573.56)	25,000.00	
Assessment Administration	7,500.00	6,250.00		1,250.00	7,500.00	
Reamortization Schedules	-	208.33		(208.33)	250.00	
Audit	3,625.00	3,333.33		291.67	4,000.00	
Arbitrage Calculation	-	750.00		(750.00)	900.00	
Travel and Per Diem	55.74	250.00		(194.26)	300.00	
Telephone	-	41.67		(41.67)	50.00	
Postage & Shipping	121.91	833.33		(711.42)	1,000.00	
Copies	-	1,666.67		(1,666.67)	2,000.00	
Legal Advertising	3,063.76	5,416.67		(2,352.91)	6,500.00	
Miscellaneous	194.25	10,000.00		(9,805.75)	12,000.00	
Property Taxes	2,147.39	125.00		2,022.39	150.00	
Web Site Maintenance	2,150.00	2,250.00		(100.00)	2,700.00	
Holiday Decorations	500.00	1,041.68		(541.68)	1,250.00	
Dues, Licenses, and Fees	175.00	145.83		29.17	175.00	
Total General & Administrative Expenses	$	97,694.21	$	123,979.16	$	(26,284.95)	$	148,775.00	

Page 1 of 3

Actual		Budget	Variance	FY 2021
Adopted Budget	

Field Operations								
Electric Utility Services								
Electric	$	851.82	$	1,250.00	$	(398.18)	$	1,500.00	
Entry Lighting		202.72		416.67		(213.95)	500.00	
Water-Sewer Combination Services								
Water Reclaimed		19,454.74		20,833.33		(1,378.59)	25,000.00	
Stormwater Control								
Aquatic Contract		3,250.00		3,333.33		(83.33)	4,000.00	
Lake/Pond Repair Reserve		-		4,166.67		(4,166.67)	5,000.00	
Other Physical Environment								
General Liability Insurance		4,007.00		3,750.00		257.00	4,500.00	
Property & Casualty Insurance		-		1,416.67		(1,416.67)	1,700.00	
Auto Insurance		-		416.67		(416.67)	500.00	
Irrigation Repairs								
District Irrigation Repairs		29,764.14		25,000.00		4,764.14	30,000.00	
Wellspring Irrigation Repairs		4,310.11		4,166.67		143.44	5,000.00	
Landscaping Maintenance & Material								
District Landscaping		171,375.00		171,375.00		-	205,650.00	
Gateway Road Landscaping		394.90		394.90		-	473.88	
Wellspring Landscaping		27,080.00		27,080.00		-	32,496.00	
Tree Trimming		-		33,333.33		(33,333.33)	40,000.00	
Flower & Plant Replacement								
District Flower & Plant Replacement		3,150.00		41,666.67		(38,516.67)	50,000.00	
Wellspring Flower & Plant Replacement		14,118.16		8,333.33		5,784.83	10,000.00	
Contingency		4,899.99		86,144.08		(81,244.09)	103,372.90	
Pest Control		1,405.00		2,341.67		(936.67)	2,810.00	
Hurricane Cleanup		-		41,666.67		(41,666.67)	50,000.00	
Wellspring Blvd./Performance Drive Expenses								
WSPD - Lighting		309.82		416.67		(106.85)	500.00	
WSPD - Miscellaneous		694.44		2,916.67		(2,222.23)	3,500.00	
WSPD - Water Reclaimed		3,067.75		833.33		2,234.42	1,000.00	

Page 2 of 3

Interchange Maintenance Expenses				Adopted Budget	
IME - Aquatics Maintenance	2,630.30	2,782.50	(152.20)	3,339.00	
IME - Irrigation Repairs	1,780.96	7,875.00	(6,094.04)	9,450.00	
IME - Landscaping	65,571.77	63,632.10	1,939.67	76,358.52	
IME - Lighting	552.03	1,312.50	(760.47)	1,575.00	
IME - Miscellaneous	3,632.18	1,312.50	2,319.68	1,575.00	
IME - Water Reclaimed	447.95	1,968.75	(1,520.80)	2,362.50	
New Operational Field Expenses
Trail Repair	
1,257.00	
12,500.00	
(11,243.00)	
15,000.00	
Road & Street Facilities
Entry and Wall Maintenance	
-	
8,333.33	
(8,333.33)	
10,000.00	
Streetlights	9,682.37	12,500.00	(2,817.63)	15,000.00	
Parks & Recreation
Personnel Leasing Agreement	
30,000.10	
30,000.00	
0.10	
36,000.00	
Reserves
Infrastructure Capital Reserve	
-	
16,666.67	
(16,666.67)	
20,000.00	
Interchange Maintenance Reserve	-	1,966.67	(1,966.67)	2,360.00	

Actual	Budget	Variance

FY 2021

Total Field Operations Expenses	$	403,890.25		$	642,102.35		$	(238,212.10)		$	770,522.80	

Total Expenses	
$	
501,584.46		
$	
766,081.51		
$	
(264,497.05)		
$	
919,297.80	
Income (Loss) from Operations	$	401,234.18		$	(6,666.67)		$	407,900.85		$	(8,000.00)	

Other Income (Expense)												
Interest Income	$	590.26		$	6,666.67		$	(6,076.41)		$	8,000.00	
Total Other Income (Expense)	$	590.26		$	6,666.67		$	(6,076.41)		$	8,000.00	
Net Income (Loss)	$	401,824.44		$	-		$	401,824.44		$	-	

Page 3 of 3

	Oct-20		Nov-20		Dec-20		Jan-21			Feb-21		Mar-21		Apr-21		May-21			Jun-21			Jul-21	YTD Actual	

$

$	
- 2,708.00
2,708.00		
$  57,604.37
685.71
$  58,290.08		
$ 204,538.37
6,419.44
$ 210,957.81		
$ 242,119.20
3,318.00
$ 245,437.20		
$

$	
56,728.51
4,132.99
60,861.50		
$ 136,118.80
4,151.29
$ 140,270.09		
$ 115,106.89
-
$ 115,106.89		
$     7,031.98
578.21
$     7,610.19		
$

$	
24,257.39
23,229.97
47,487.36		
$

$	
9,651.17
4,438.35
14,089.52	
$     853,156.68
49,661.96	
																							$     902,818.64	

$	
1,000.00		
$     1,000.00		
$	-		
$	1,000.00		
$	
800.00		
$	1,000.00		
$	1,000.00		
$     1,000.00		
$	
800.00		
$	
800.00	
$	8,400.00	
	3,498.00		-		-		-			-		-		-		-			-			-	3,498.00	
	-		7,436.91		-		-			-		-		-		-			-			-	7,436.91	
	3,333.33		3,333.33		3,333.33		3,333.33			3,333.33		3,333.33		3,333.33		3,333.33			3,541.67			3,541.67	33,749.98	
	-		1,723.00		250.00		250.00			687.50		312.50		625.00		633.50			696.00			696.00	5,873.50	
	-		-		-		-			-		-		-		-			1,500.00			-	1,500.00	
	-		-		1,443.00		-			-		-		-		-			-			-	1,443.00	
	-		-		2,690.00		2,187.50			826.80		2,329.00		1,502.96		3,650.50			-			3,073.01	16,259.77	
	7,500.00		-		-		-			-		-		-		-			-			-	7,500.00	
	-		-		-		-			-		-		-		-			-			-	-	
	-		-		-		-			-		-		-		-			3,625.00			-	3,625.00	
	-		-		-		-			-		-		-		-			-			-	-	
	-		-		7.04		-			6.90		-		17.17		10.26			7.46			6.91	55.74	
	-		-		-		-			-		-		-		-			-			-	-	
	-		18.77		7.00		7.99			24.03		23.52		14.96		3.57			8.16			13.91	121.91	
	-		-		-		-			-		-		-		-			-			-	-	
	327.50		365.01		-		346.25			350.00		-		350.00		1,023.75			301.25			-	3,063.76	
	-		-		46.71		3.28			3.23		3.25		86.08		44.00			3.85			3.85	194.25	
	-		-		-		-			2,147.39		-		-		-			-			-	2,147.39	
	125.00		125.00		125.00		425.00			125.00		125.00		425.00		125.00			125.00			425.00	2,150.00	
	500.00		-		-		-			-		-		-		-			-			-	500.00	
	175.00		-		-		-			-		-		-		-			-			-	175.00	
$	16,458.83		$ 14,002.02		$	7,902.08		$	7,553.35		$	8,304.18		$	7,126.60		$	7,354.50		$     9,823.91		$	10,608.39		$	8,560.35	$	97,694.21	

$	

-		

$	88.94		

$	88.21		

$	89.46		

$	

87.47		

$	87.69		

$	102.59		

$	102.69		

$	

102.28		

$	

102.49	

$	851.82	
	-		21.26		21.26		21.50			21.02		21.63		25.15		23.96			23.47			23.47	202.72	
	-		1,463.23		1,036.86		1,398.48			4,115.75		1,107.70		1,381.68		2,754.36			3,607.84			2,588.84	19,454.74	
	325.00		325.00		325.00		325.00			325.00		325.00		325.00		325.00			325.00			325.00	3,250.00	
	-		-		-		-			-		-		-		-			-			-	-	
	4,007.00		-		-		-			-		-		-		-			-			-	4,007.00	
	-		-		-		-			-		-		-		-			-			-	-	
	-		-		-		-			-		-		-		-			-			-	-	
	839.24		2,918.20		9,296.90		5,709.40			5,564.20		-		3,629.20		-			677.00			1,130.00	29,764.14	
	685.71		-		309.00		1,985.00			-		236.00		228.00		-			866.40			-	4,310.11	

Revenues
On-Roll Assessments Developer Contributions
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 Miscellaneous Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Stormwater Control
Aquatic Contract Lake/Pond Repair Reserve
Other Physical Environment General Liability Insurance Property & Casualty Insurance Auto Insurance
Irrigation
District Irrigation Wellspring Irrigation

Page 1 of 2

Oct-20		Nov-20		Dec-20		Jan-21			Feb-21		Mar-21			Apr-21		May-21			Jun-21		Jul-21	YTD Actual	
17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00			17,137.50
39.49
2,708.00		17,137.50
39.49
2,708.00			- 39.49
-		- 39.49
-			51,412.50
39.49
8,124.00		17,137.50
39.49
2,708.00	171,375.00
394.90
27,080.00	
-		-		-		-			-		-			-		-			-		-	-	
-
-		-
-		-
-		-
-			3,150.00
-		-
-			-
-		-
14,118.16			-
-		-
-	3,150.00
14,118.16	
-
-
-		-
-
-		4,850.00
-
-		-
-
-			49.99
-
-		- 1,405.00
-			-
-
-		-
-
-			-
-
-		-
-
-	4,899.99
1,405.00
-	
-
-
-		32.05
697.72
257.17		31.95
(3.28)
257.73		32.15
- 241.01			31.64
- 183.49		31.85
- 91.94			37.52
- 308.85		37.42
- 80.15			37.62
- 1,040.90		37.62
- 606.51	309.82
694.44
3,067.75	

263.03
- 6,363.21
- 1,134.00
-

-

-
- 3,000.01
-
-
$  36,502.19

   $  52,961.02  

$ (50,253.02)

$	22.90
$	22.90

$ (50,230.12)		
263.03
94.90
6,363.21
57.97
- 26.95

-

- 1,063.81

3,000.01

-
-
$  36,558.44

   $ 50,560.46  

$     7,729.62

$	23.59
$	23.59

$     7,753.21		
263.03
289.55
- 59.35
1,512.00
34.12

-

- 1,063.81

3,000.01

-
-
$   42,320.49

  $  50,222.57  

$ 160,735.24

$	96.66
$	96.66

$ 160,831.90		
263.03
308.70
12,726.42
65.96
190.57
21.95

-

- 1,079.25

3,000.01

-
-
$   47,342.88

  $  54,896.23  

$ 190,540.97

$	28.62
$	28.62

$ 190,569.59			
263.03
207.35
6,426.21
57.27
297.90
35.86

-

- 1,079.25

3,000.01

-
-
44,780.43

53,084.61  

7,776.89

25.60
25.60

7,802.49		
263.03
-
- 57.47
96.08
26.95

-

- 1,079.25

3,000.01

-
-
$   27,714.59

   $  34,841.19  

$ 105,428.90

$	215.57
$	215.57

$ 105,644.47			
263.03
345.35
14,348.56
94.27
401.63
55.86

1,257.00

- 1,079.25

3,000.01

-
-
26,922.44

34,276.94  

80,829.95

28.99
28.99

80,858.94		
263.03
104.28
6,363.32
54.49
- 41.30

-

- 1,079.25

3,000.01

-
-
$  28,386.91

   $  38,210.82  

$ (30,600.63)

$	27.54
$	27.54

$ (30,573.09)			
263.03
387.45
6,363.32
51.94
- 103.24

-

- 1,079.25

3,000.01

-
-
77,504.74

88,113.13  

(40,625.77)

92.56
92.56

(40,533.21)		
263.03
43.38
6,617.52
53.31
- 101.72

-

- 1,079.25

3,000.01

-
-
$  35,857.14

   $  44,417.49  

$ (30,327.97)

$	28.23
$	28.23

$ (30,299.74)	
2,630.30
1,780.96
65,571.77
552.03
3,632.18
447.95

1,257.00

- 9,682.37

30,000.10

-
-	
								$

  $	

$

$
$

$					$

   $ 

$

$
$

$					$

   $ 

$

$
$

$				$     403,890.25

$     501,584.46	
																						
$     401,234.18

$	590.26	
																						$	590.26	
																						$     401,824.44	

Landscaping Maintenance & Material District Landscaping
Gateway Road Landscaping Wellspring Landscaping
Tree Trimming
Flower & Plant Replacement
District Flower & Plant Replacement Wellspring Flower & Plant Replacement
Contingency Pest Control
Hurricane Cleanup
Wellspring Blvd./Performance Drive Expenses
WSPD - Lighting WSPD - Miscellaneous
WSPD - Water Reclaimed
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
New Operational Field Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement
Contingency
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income

Total Other Income (Expense)

Net Income (Loss)

Page 2 of 2

Myrtle Creek Improvement District Cash Flow

FY20 Inflows	FY20 Outflows	FY21 Inflows	FY21 Outflows	End. Cash	

26,870.86	
(35,036.78)	
6,033.88	
(34,720.04)	
232,112.07	
-	(2,285.24)	148,827.20	(71,989.11)	306,664.92	
312.50	(312.50)	529,976.03	(438,634.98)	398,005.97	
-	-	622,973.27	(418,231.22)	602,748.02	
-	-	147,246.64	(153,352.38)	596,642.28	
-	-	352,724.38	(254,301.75)	695,064.91	
-	-	294,621.65	(196,259.92)	793,426.64	
-	-	18,717.63	(44,148.26)	767,996.01	
-	-	85,441.18	(109,086.25)	744,350.94	
-	-	29,211.30	(41,401.30)	732,160.94	
-	-	-	(45,166.73)	686,994.21 as of 08/09/2021	

Beg. Cash

10/1/2020	268,964.15	
11/1/2020	232,112.07	
12/1/2020	306,664.92	
1/1/2021	398,005.97	
2/1/2021	602,748.02	
3/1/2021	596,642.28	
4/1/2021	695,064.91	
5/1/2021	793,426.64	
6/1/2021	767,996.01	
7/1/2021	744,350.94	
8/1/2021	732,160.94	

Totals	2,417,938.62	(2,159,152.30)	2,235,773.16	(1,822,296.94)

Myrtle Creek Improvement District Construction Tracking - mid-August

Amount
Series 2016 Bond Issue
Original Construction Fund	$	513,425.32 Additions (Interest, Transfers from DSR, etc.)		219,885.69
Cumulative Draws Through Prior Month	(331,389.43)
==========
Construction Funds Available	$	401,921.58

Requisitions This Month
==========
Total Requisitions This Month	$	-
==========
Funds Remaining	$	401,921.58

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

Total Committed	$	-
==========	
Net Uncommitted		401,921.58