North Boulevard
Community Development District Agenda
March 18, 2025

Agenda

North Boulevard
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
March 11, 2025
Board of Supervisors North Boulevard
Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of North Boulevard Community Development District will be held Tuesday, March 18, 2025 at 11:30 AM at the Holiday Inn Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.
Those members of the public wishing to attend the meeting can do so using the information below:

Zoom Video Link: https://us06web.zoom.us/j/85434991526
Zoom Call-In Information: 1-646-931-3860	Meeting ID: 854 3499 1526

Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of Minutes of the February 18, 2025, Board of Supervisors Meeting
Consideration of New Towing Vendor
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Proposals for Fence Installation at North Ridge Reserve Playground
Consideration of Proposals for Shade Structures at Playgrounds
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests
Adjournment

Minutes

MINUTES OF MEETING NORTH BOULEVARD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the North Boulevard Community Development District was held Tuesday, February 18, 2025, at 11:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida and by Zoom.

Present and constituting a quorum:
Andres Romero by Zoom	Chairman
Ron Orenstein	Vice Chairman
Adam Rhinehart	Assistant Secretary
Emily Cassidy	Assistant Secretary
Rheah Bridges	Assistant Secretary Also present were:
Monica Virgen	District Manager, GMS
Savannah Hancock	District Counsel, Kilinski Van Wyk
Marshall Tindall	Field Manager, GMS
Chace Arrington	District Engineer, GMS
Joey Duncan	Dewberry

FIRST ORDER OF BUSINESS	Roll Call
Ms. Virgen called the meeting to order and called the roll. Four Board members were in attendance constituting a quorum. Mr. Romero joined by Zoom.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Virgen stated that there were no members of the public present to provide comments.

THIRD ORDER OF BUSINESS	Approval of Minutes of the January 21,
2025, Board of Supervisors Meeting
Ms. Virgen presented the minutes of January 21, 2025, Board of Supervisor’s meeting and asked for any comments, corrections, or changes. The Board had no changes to the minutes.

February 18, 2025	North Boulevard CDD

On MOTION by Mr. Rhinehart, seconded by Ms. Cassidy, with all in favor, the Minutes of the January 21, 2025 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Discussion of Fence Installation Around
Playground
Ms. Virgen opened the meeting up for discussion for the fence installation around the playground. Ms. Hancock stated one of the HOAs has the funds to install a fence around the playground. She added if the Board wants to move forward, the CDD will formulate the construction and they would have the HOA reimburse them. She noted the District can take over the maintenance of the fence or allow the HOA to provide the maintenance. She recommended having the District keep up the maintenance.
Ms. Cassidy asked if the other playgrounds have fences. Ms. Hancock stated they did not and if the Board goes through with this proposal, they will need to start thinking about if they want to add fences to the other playgrounds. Mr. Rhinehart stated he would like to add the other fences in the budget.
Mr. Rhinehart stated he is concerned with the maintenance. Ms. Hammock stated if they would like the HOA to keep the maintenance, they could have Mr. Tindall maintain the fence and bill the HOA for his work. Mr. Tindall stated he sent the maps for both playgrounds to a fencing vendor and received a price totaling $12,500. He noted one playground is a little more expensive because it is bigger than the other. Ms. Virgen stated the Hoover Blvd and Taft Dr playground fence proposal was $6741.
Mr. Orenstein stated he does not think they need such a big blueprint. Mr. Tindall stated they had the blueprint large because they needed to have a shade structure. Mr. Romero asked if they could bring this back next meeting with more information.

On MOTION by Ms. Cassidy, seconded by Mr. Orenstein, with all in favor, Directing Staff to Research Fencing Costs and Investigate Options for the Board, was approved.

FIFTH ORDER OF BUSINESS	Ratification of Fiscal Year 2024 Audit
Engagement Letter
Ms. Virgen stated this engagement letter is with Grau & Associates and asked for a motion to ratify the Fiscal Year 2024 audit engagement letter.

February 18, 2025	North Boulevard CDD

On MOTION by Ms. Cassidy, seconded by Ms. Bridges, with all in favor, the Fiscal Year 2024 Audit Engagement Letter, was ratified.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Discussion of Easement Variance Application Process
Ms. Hancock stated they brainstormed different options for what they could do about homeowner’s fencing and created an easement to allow homeowners to tie their fences with the CDD fencing. She added the engineer will have to approve the fences. She added they are looking for a public hearing because if the owners want to put up the fence, they will have to pay the district.
Ms. Bridges asked what if the fence is has already been installed. Ms. Hancock stated it was up to them if they wanted to redo their fence.

On MOTION by Mr. Rhinehart, seconded by Ms. Bridges, with all in favor, Setting the Public Hearing for the Regular April Meeting on April 15, 2025, for Fence Application Process by Resolution 2025- 05, was approved.

Engineer
Mr. Arrington had nothing further to report.

Field Manager’s Report
Mr. Tindall presented the Field Manager’s Report. He stated overall the landscaping services have been satisfactory. He noted the grass is recovering from where the pallets were dumped and the playgrounds have been cleaned. He added they went around and cleaned a lot of trash. He stated the fence repairs have been completed. He will begin working on the fencing documents for the playground. Ms. Bridges asked when they will continue tree trimming. He stated they will be starting soon.

February 18, 2025	North Boulevard CDD

District Manager’s Report
Approval of Check Register
Ms. Virgen presented the check register through December 31, 2024, totaling $9,544.49. Immediately following the summary is a detailed check register noting all the checks that were cut and already issued.

On MOTION by Mr. Rhinehart, seconded by Ms. Cassidy, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Ms. Virgen presented the balance sheet and income statement on page 30. These are provided for informational purposes. She noted that she was happy to answer any questions.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, and the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
Ms. Bridges stated that there was an issue with parking. She noted there were two areas where they cannot park and asked if one could be changed to allow parking. -

NINTH ORDER OF BUSINESS	Adjournment
Ms. Virgen adjourned the meeting.

On MOTION by Ms. Cassidy, seconded by Mr. Orenstein, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

Section C

to be provided under separate cover

Section D

Section 1

North Boulevard Community Development District

Summary of Check Register

January 01, 2025 through January 31, 2025

Bank	Date	Check No.'s	Amount	

General Fund	

1/15/25	

467-474	

$	50,836.40	
	1/17/25	475-479	$	422,259.53	
	1/24/25	480-482	$	3,347.35	
	1/29/25	483-485	$	11,040.64	
			$	487,483.92	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/12/25	PAGE	1
*** CHECK DATES 01/01/2025 - 01/31/2025 ***	NORTH BOULEVARD GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/15/25 00050 11/30/24 00068197 202411 310-51300-48000	*	958.88
NOT OF LANDOWNER MGT
GANNETT MEDIA CORP DBA	958.88 000467

1/15/25	00019	1/01/25	
		1/01/25	
		1/01/25	
		1/01/25	
		1/01/25	
		1/01/25	
		1/01/25	
- - - - - - - - - - -
1/15/25 00012 11/25/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
165	202501 310-51300-34000	*	3,750.00
MANAGEMENT FEES-JAN25
165	202501 310-51300-35200	*	105.00
WEBSITE MANAGEMENT-JAN25
165	202501 310-51300-35100	*	157.50
INFORMATION TECH-JAN25
165	202501 310-51300-31300	*	568.75
DISSEMINATION SVCS-JAN25
165	202501 310-51300-51000	*	.06
OFFICE SUPPLIES
165	202501 310-51300-42000	*	10.38
POSTAGE
166	202501 320-53800-12000	*	695.67
FIELD MANAGEMENT-JAN25
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,287.36 000468
-	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7555088	202411 310-51300-32300	*	3,717.38
TRUSTEE FEES S2017 FY25
U.S. BANK	3,717.38 000469
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/15/25 00056 11/19/24 YO111920 202411 310-51300-11000	*	200.00
SUPERVISOR FEES-11/19/24
YARON ORENSTEIN	200.00 000470
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/15/25 00027	1/14/25 01142025 202501 300-20700-10000	*	21,872.08
TXFER OF TAX RCPT S17
NORTH BOULEVARD CDD	21,872.08 000471
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/15/25 00027	1/14/25 01142025 202501 300-20700-10000	*	569.72
TRANSFER OF EXCESS S17
NORTH BOULEVARD CDD	569.72 000472
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/15/25 00027	1/14/25 01142025 202501 300-20700-10000	*	462.82
TRANSFER OF EXCESS S19
NORTH BOULEVARD CDD	462.82 000473
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/15/25 00027	1/14/25 01142025 202501 300-20700-10000	*	17,768.16
TXFER OF TAX RCPT S19
NORTH BOULEVARD CDD	17,768.16 000474
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00029 12/26/24 22431849 202411 310-51300-31100	*	360.00
ENGINEERING SVCS-NOV24
DEWBERRY ENGINEERING	360.00 000475
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/12/25	PAGE	2
*** CHECK DATES 01/01/2025 - 01/31/2025 ***	NORTH BOULEVARD GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/17/25 00027	1/16/25 01162025 202501 300-20700-10000	*	229,566.40
TRANSFER OF TAX RCPT S17
NORTH BOULEVARD CDD	229,566.40 000476
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00028	1/16/25 01162025 202501 300-20700-10000	*	186,492.12
TRANSFER OF TAX RCPT S19
NORTH BOULEVARD CDD	186,492.12 000477
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00055 12/11/24 2024-NRE 202412 320-53800-48000	*	5,699.00 MILTON-VINYL FENCE RPRS
PINEAPPLE SERVICES LLC	5,699.00 000478
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00041	1/15/25 50	202501 310-51300-42000	*	142.01
REIMBURSEMENT OF POSTAGE
POLK COUNTY TAX COLLECTOR	142.01 000479
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/24/25 00029	1/24/25 22434756 202412 310-51300-31100	*	720.00
ENGINEERING SVCS-DEC24
DEWBERRY ENGINEERING	720.00 000480
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/24/25 00019 10/31/24 160	202410 320-53800-48000	*	1,034.85
HELENE FENCE REPAIRS
10/31/24 161	202410 320-53800-48000	*	565.00
MILTON FENCE REPAIRS
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,599.85 000481
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/24/25 00036	1/12/25 11251	202412 310-51300-31500	*	1,027.50
ATTORNEY SVCS-DEC24
KILINSKI	VAN WYK PLLC	1,027.50 000482
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/25 00019 11/30/24 164	202411 320-53800-48000	*	926.50
GEN MAINT & REPAIRS-NOV24
GOVERNMENTAL MANAGEMENT SERVICES-CF	926.50 000483
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/25 00039	1/01/25 NB2234	202501 330-57200-48201	*	180.76
PET WASTE STATION-JAN25
POOP BANDIT	180.76 000484
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/25 00035 12/01/24 15512	202412 320-53800-46200	*	4,905.00
LANDSCAPE MAINT-DEC24
12/26/24 15809	202412 320-53800-47300	*	123.38
RPLD SPRAY WITH NOZZLES
1/01/25 15900	202501 320-53800-46200	*	4,905.00
LANDSCAPE MAINT-JAN25
PRINCE & SONS INC.	9,933.38 000485
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	487,483.92

Section 2

North Boulevard
Communfty Development District

Unaudited Financial Reporting
January 31, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund - Series 2017	

5	
	Debt Service Fund - Series 2019	

6	
	Capital Projects Fund - Series 2017	

7	
	Capital Reserve Fund	

8-9	
	Month to Month	

10	
	Assessment Receipt Schedule	

11	
	Long Term Debt Schedule	

North Boulevard
Community Development District Combined Balance Sheet

	General Fund	Capital Reserve Fund	Debt Service Fund	Capital Projects Fund	Totals Governmental Funds	
Assets:						
Operating Account	$	447,029	$	29,393	$	-	$	-	$	476,422	
Deposits	$	960
Investments:	$	$	-	$	-	$	960	
Series 2017
Reserve	$	-	
$	
$	123,875	
$	
-	$	123,875	
Revenue	$	-	$	$	333,383	$	-	$	333,383	
Prepayment	$	-	$	-	$	0	$	-	$	0	
Redemption	$	-	$	-	$	805	$	-	$	805	
Construction	$
Series 2019	$	$	-	$	-	$	-	
Reserve	$	$	$	105,956	$	-	$	105,956	
Revenue	$	$	$	234,386	$	-	$	234,386	
Interest	$	$	$	-	$	-	$	-	
Sinking Fund	$	$	$	-	$	-	$	-	
Prepayment	$	$	$	161	$	-	$	161	
Construction	$	-	$	-	$	-	$	-	$	-	
Total Assets	$	447,989	$	29,393	$	798,567	$	-	$	1,275,949	
Liabilities:
Accounts Payable	$	11,354	

$	-	

$	-	

$	

-	$	11,354	
Total Liabilites	$	11,354	$	-	$	-	$	-	$	11,354	

January 31, 2025

-

-
-

-	-

-	-
-	-
-	-
-	-
-	-

Fund Balance:
Assigned For:
Debt Service - Series 2017	$	-	$	-	$	458,063	$	-	$	458,063	
Debt Service - Series 2019	$	-	$	-	$	340,504	$	-	$	340,504	
Restricted For:						
Capital Reserve	$	-	$	29,393	$	-	$	-	$	29,393	
Capital Projects - Series 2017	$	-	$	-	$	-	$	-	$	-	
Capital Projects - Series 2019	$	-	$	-	$	-	$	-	$	-	
Unassigned	$	436,635	$	-	$	-	$	-	$	436,635	
Total Fund Balances	$	436,635	$	29,393	$	798,567	$	-	$	1,264,595	
					
Total Liabilities & Fund Balance	$	447,989	$	29,393	$	798,567	$	-	$	1,275,949	

North Boulevard
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	

Revenues:		
Assessments - Tax Roll	$	431,702	$	420,377	$	420,377	$	-	
Other Income	$	-	$	-	$	30	$	30	
Total Revenues	$	431,702	$	420,377	$	420,407	$	30	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	4,000	$	1,000	$	3,000	
Engineering Fees	$	10,000	$	3,333	$	1,620	$	1,713	
Dissemination Agent	$	6,825	$	2,275	$	2,275	$	-	
Attorney Fees	$	19,000	$	6,333	$	6,122	$	212	
Assessment Administration	$	5,250	$	5,250	$	5,250	$	-	
Annual Audit	$	4,900	$	-	$	-	$	-	
Trustee Fees	$	7,780	$	3,717	$	3,717	$	-	
Management Fees	$	45,000	$	15,000	$	15,000	$	-	
Information Technology	$	1,890	$	630	$	630	$	-	
Website Maintenance	$	1,260	$	420	$	420	$	-	
Postage & Delivery	$	1,100	$	367	$	281	$	86	
Telephone	$	50	$	17	$	-	$	17	
Printing & Binding	$	400	$	133	$	48	$	85	
Insurance	$	8,455	$	8,455	$	7,296	$	1,159	
Legal Advertising	$	5,000	$	1,667	$	959	$	708	
Contingency	$	3,000	$	1,000	$	198	$	802	
Office Supplies	$	100	$	33	$	1	$	33	
Dues, Licenses & Fees	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	132,185	$	52,806	$	44,991	$	7,814	

North Boulevard
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	

Operation and Maintenance		
Field Expenses
Field Management		

$	8,348	

$	2,783	

$	2,783	

$	-	
Electric		$	9,490	$	3,163	$	1,857	$	1,306	
Streetlights		$	30,418	$	10,139	$	7,401	$	2,738	
Property Insurance		$	6,333	$	6,333	$	5,064	$	1,269	
Landscape Maintenance		$	58,860	$	19,620	$	14,715	$	4,905	
Landscape Replacement & Enhancement		$	20,000	$	20,000	$	18,000	$	2,000	
Irrigation Repairs		$	5,500	$	1,833	$	5,257	$	(3,423)	
General Field Repairs & Maintenance		$	15,000	$	5,000	$	17,525	$	(12,525)	
Contingency		$	10,000	$	3,333	$	-	$	3,333	
	Subtotal	$	163,948	$	72,205	$	72,601	$	(397)	

Amenity Expenses
Inter-Governmental Expense		

$	92,509	

$	-	

$	-	

$	-	
Trash Collections		$	2,100	$	700	$	688	$	12	
Pest Control		$	960	$	320	$	-	$	320	
	Subtotal	$	95,569	$	1,020	$	688	$	332	
						
Total O&M Expenses:		$	259,517	$	73,225	$	73,290	$	(65)	
						
Total Expenditures		$	391,702	$	126,030	$	118,281	$	7,749	

Other Financing Sources/Uses:						
Capital Reserve		$	(40,000)	$	-	$	-	$	-	
Total Other Financing Sources/Uses		$	(40,000)	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)		$	-		$	302,126		
						
Fund Balance - Beginning		$	-		$	134,509		

Fund Balance - Ending	$	-	$	436,635

North Boulevard
Community Development District Debt Service Fund - Series 2017
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	

Revenues:		
Assessments - Tax Roll	$	258,211	$	251,438	$	251,438	$	-	
Interest	$	6,000	$	3,629	$	3,629	$	-	
Total Revenues	$	264,211	$	255,067	$	255,067	$	-	

Expenditures:					
Interest Expense 11/1	$	82,726	$	82,726	$	82,726	$	-	
Principal Expense - 5/1	$	80,000	$	-	$	-	$	-	
Interest Expense - 5/1	$	82,726	$	-	$	-	$	-	
Total Expenditures	$	245,451	$	82,726	$	82,726	$	-	

Other Financing Sources:					
Transfer In/(Out)	$	-	$	-	$	0	$	(0)	
Total Other Financing Sources (Uses)	$	-	$	-	$	0	$	(0)	
					
Excess Revenues (Expenditures)	$	18,760		$	172,342		
					
Fund Balance - Beginning	$	161,143		$	285,721		
					
Fund Balance - Ending	$	179,902		$	458,063		

North Boulevard
Community Development District Debt Service Fund - Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	

Revenues:		
Assessments - Tax Roll	$	209,762	$	204,260	$	204,260	$	-	
Interest	$	5,000	$	2,987	$	2,987	$	-	
Total Revenues	$	214,762	$	207,247	$	207,247	$	-	

Expenditures:						
Interest Expense 11/1	$	77,869	$	77,869	$	77,869	$	-	
Principal Expense 11/1	$	55,000	$	55,000	$	55,000	$	-	
Interest Expense 5/1	$	76,700	$	-	$	-	$	-	
Total Expenditures	$	209,569	$	132,869	$	132,869	$	-	
						
Excess Revenues (Expenditures)	$	5,193		$	74,378			
						
Fund Balance - Beginning	$	159,358		$	266,125			
						
Fund Balance - Ending	$	164,551		$	340,504			

North Boulevard
Community Development District Capital Projects Fund - Series 2017
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	
Revenues:

Interest	$	-	$	-	$	0	$	0

Total Revenues	$	-	$	-	$	0	$	0

Expenditures:

Capital Outlay

$	-	$

-	$	3,858	$

(3,858)

Total Expenditures	$	-	$	-	$	3,858	$	(3,858)

Other Financing Sources:

Transfer In/(Out)

$	-	$	-	$

(0)	$	0

Fund Balance - Ending	$	-	$	-

Fund Balance - Beginning	$	-	$	3,858

Excess Revenues (Expenditures)	$	-	$	(3,858)

Total Other Financing Sources (Uses)	$	-	$	-	$	(0)	$	0

North Boulevard
Community Development District Capital Reserve Projects
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/25	Thru 01/31/25	Variance	

Revenues:

Interest	

$	-	

$	

-	$	10	

$	10	
Total Revenues	$	-	$	-	$	10	$	10	

Expenditures:

Contingency	

$	-	

$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources:

Transfer In/(Out)	

$	40,000	

$	

-	$	-	

$	-	
Total Other Financing Sources (Uses)	$	40,000	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	40,000		$	10		
					
Fund Balance - Beginning	$	9,275		$	29,384		
					
Fund Balance - Ending	$	49,275		$	29,393		

North Boulevard
Community Development District Month to Month

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

Revenues:

Assessments - Tax Roll Other Income

$	-  $
$	30  $

13,408  $
-  $

401,788  $
-  $

5,181  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $

-  $  420,377
-  $	30

Total Revenues	$	30  $	13,408  $	401,788  $	5,181  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  420,407

Expenditures:

General & Administrative:

Supervisor Fees Engineering Fees Dissemination Agent Attorney Fees
Assessment Administration Annual Audit
Trustee Fees Management Fees
Information Technology Website Maintenance Postage & Delivery Telephone
Printing & Binding Insurance
Legal Advertising Property Appraiser Fees Property Taxes Contingency
Office Supplies
Dues, Licenses & Fees

$	600  $
$	360  $
$	569  $
$	2,345  $
$	5,250  $
$	-  $
$	-  $
$	3,750  $
$	158  $
$	105  $
$	58  $
$	-  $
$	-  $
$	7,296  $
$	-  $
$	-  $
$	-  $
$	76  $
$	0  $
$	175  $

400  $
360  $
569  $
962  $
-  $
-  $
3,717  $
3,750  $
158  $
105  $
26  $
-  $
-  $
-  $
959  $
-  $
-  $
40  $
0  $
-  $

-  $
720  $
569  $
1,028  $
-  $
-  $
-  $
3,750  $
158  $
105  $
45  $
-  $
48  $
-  $
-  $
-  $
-  $
41  $
0  $
-  $

-  $	-  $	-  $
180  $	-  $	-  $
569  $	-  $	-  $
1,787  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
3,750  $	-  $	-  $
158  $	-  $	-  $
105  $	-  $	-  $
152  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
40  $	-  $	-  $
0  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	1,000
-  $	1,620
-  $	2,275
-  $	6,122
-  $	5,250
-  $	-
-  $	3,717
-  $	15,000
-  $	630
-  $	420
-  $	281
-  $	-
-  $	48
-  $	7,296
-  $	959
-  $	-
-  $	-
-  $	198
-  $	1
-  $	175

Total General & Administrative:	$	20,742  $	11,046  $	6,463  $	6,741  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	44,991

North Boulevard
Community Development District Month to Month

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

Operation and Maintenance

Field Expenses Field Management Electric
Streetlights Property Insurance
Landscape Maintenance Landscape Replacement Irrigation Repairs
General Repairs & Maintenance Contingency

$
$
$
$
$
$
$
$
$
Subtotal $

696  $
464  $
1,855  $
5,064  $
-  $
18,000  $
4,905  $
1,600  $
-  $
32,584  $

696  $
475  $
1,846  $
-  $
4,905  $
-  $
141  $
927  $
-  $
8,989  $

696  $
425  $
1,834  $
-  $
4,905  $
-  $
123  $
5,699  $
-  $
13,682  $

696  $	-  $	-  $
493  $	-  $	-  $
1,866  $	-  $	-  $
-  $	-  $	-  $
4,905  $	-  $	-  $
-  $	-  $	-  $
87  $	-  $	-  $
9,300  $	-  $	-  $
-  $	-  $	-  $
17,346  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	2,783
-  $	1,857
-  $	7,401
-  $	5,064
-  $	14,715
-  $	18,000
-  $	5,257
-  $	17,525
-  $	-
-  $	72,601

Amenity Expenses
Inter-Governmental Expense Trash Collection
Pest Control

$
$
$
Subtotal $

-  $
166  $
-  $
166  $

-  $
175  $
-  $
175  $

-  $
166  $
-  $
166  $

-  $	-  $	-  $
181  $	-  $	-  $
-  $	-  $	-  $
181  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-
-  $	688
-  $	-
-  $	688

Total O&M Expenses:	$	32,750  $	9,164  $	13,848  $	17,527  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	73,290

Total Expenditures	$	53,492  $	20,210  $	20,311  $	24,268  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  118,281

Other Financing Sources/Uses:

Transfer In/(Out)

$	-  $	-  $

-  $	-  $	-  $	-  $

-  $	-  $	-  $

-  $	-  $

-  $	-

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess Revenues (Expenditures)	$	(53,462)  $	(6,802)  $	381,477  $	(19,086)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  302,126

North Boulevard
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS

Gross Assessments Net Assessments

$ 464,193.70  $
$ 431,700.14  $

277,646.12  $
258,210.89  $

225,550.48
209,761.95

$ 967,390.30
$ 899,672.98

48%	29%	23%	100%
Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Property Appraiser	Net Receipts	General Fund	2017 Debt Service	2019 Debt Service	Total	

11/13/24	
10/21/24	
$3,757.57	
($197.29)	
($71.21)	
$0.00	
$	-	
$	3,489.07	
$  1,674.20	
$	1,001.38	
$	813.49	
$  3,489.07	
11/19/24	11/01-11/07/24	$9,925.92	($397.01)	($190.58)	$0.00	$	-	$	9,338.33	$  4,480.92	$	2,680.15	$	2,177.26	$  9,338.33	
11/26/24	11/08-11/15/24	$16,014.60	($590.25)	($308.49)	$0.00	$	-	$	15,115.86	$  7,253.21	$	4,338.33	$	3,524.32	$ 15,115.86	
12/06/24	11/16-11/26/24	$64,764.08	($2,590.48)	($1,243.47)	$0.00	$0.00	$	60,930.13	$ 29,236.78	$	17,487.27	$	14,206.08	$ 60,930.13	
12/07/24	Inv#4652129	$0.00	$0.00	$0.00	$0.00	($12,665.43)	$	(12,665.43)	$ (6,077.39)	$	(3,635.05)	$	(2,952.99)	$ (12,665.43)	
12/20/24	11/27/24-11/30/24	$825,297.68	($33,011.36)	($15,845.73)	$0.00	$0.00	$	776,440.59	$ 372,568.17	$	222,842.54	$	181,029.88	$ 776,440.59	
12/27/24	12/01/24-12/15/24	$13,356.38	($468.76)	($257.75)	$0.00	$0.00	$	12,629.87	$  6,060.33	$	3,624.84	$	2,944.70	$ 12,629.87	
01/10/25	12/16/24-12/31/24	$11,358.92	($340.78)	($220.36)	$0.00	$0.00	$	10,797.78	$  5,181.22	$	3,099.02	$	2,517.54	$ 10,797.78	

$

97%	Net Percent Collected
23,596.78	Balance Remaining to Collect

Total	$	944,475.15  $	(37,595.93)  $  (18,137.59)  $	-	$	(12,665.43)  $	876,076.20  $ 420,377.44  $	251,438.48  $	204,260.28  $ 876,076.20

North Boulevard
Community Development District Long Term Debt Report

Series 2017, Special Assessment Revenue Bonds	
Interest Rate:	3.500%, 4.100%, 4.625%, 5.000%	
Maturity Date:	5/1/2048	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$123,875	
Reserve Fund Balance	$123,875	
Bonds Outstanding - 10/16/2017	$4,965,000	
Less: Special Call Payment - 05/01/2018	($300,000)	
Less: Special Call Payment - 07/23/2018	($560,000)	
Less: Principal Payment - 05/01/2019	($265,000)	
Less: Principal Payment - 05/01/2020	($70,000)	
Less: Principal Payment - 05/01/2021	($70,000)	
Less: Special Call Payment - 11/01/2021	($5,000)	
Less: Principal Payment - 05/01/2022	($80,000)	
Less: Principal Payment - 11/01/2022	($5,000)	
Less: Principal Payment - 05/01/2023	($75,000)	
Less: Principal Payment - 05/01/2024	($75,000)	
Current Bonds Outstanding	$3,460,000	

Series 2019, Special Assessment Revenue Bonds	
Interest Rate:	4.250%, 4.750%, 5.500%, 5.625%	
Maturity Date:	11/1/2049	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$105,956	
Reserve Fund Balance	$105,956	
Bonds Outstanding - 11/01/2020	$4,335,000	
Less: Special Call Payment - 02/01/20	($605,000)	
Less: Special Call Payment - 08/01/20	($325,000)	
Less: Special Call Payment - 11/01/20	($170,000)	
Less: Special Call Payment - 02/01/21	($155,000)	
Less: Principal Payment - 05/01/21	($55,000)	
Less: Special Call Payment - 08/01/21	($5,000)	
Less: Principal Payment - 11/01/21	($65,000)	
Less: Principal Payment - 11/01/22	($55,000)	
Less: Principal Payment - 11/01/23	($50,000)	
Less: Principal Payment - 11/01/24	($55,000)	
Current Bonds Outstanding	$2,795,000