Rolling Oaks

Community Development District

Agenda

December

13,

2018

A GENDA

Rolling

Oaks

Community Development District

135 W.

Central Blvd., Suite 320,	Orlando, Fl.orida 32801		
			
Phone: 407-841-5524- Fax: 407-839-1526		

December 6, 2018

Board

of

Supervisors

Rolling Oaks Community

Development District

Dear Board Members:

The meeting will be held Center, 7715 the meeting:

of the			
Board of Supervisors of		
Thursday,	Rolling Oaks Community Development District		
	at		
December 13, 2018			
	12:00 PM at the Heritage Crossing Community		
Heritage Crossing Way, Reunion, Florida.		
	Following is the advance agenda for		

1.

2.

3.

6.

7.
4.

5.

8.

Roll Call				
Public Comment Period			
Approval of	Minutes of the November 8, 2018 Board of		
Acceptance of	Supervisors Meeting		
	Audit Committee Meeting		
		Minutes of the August 16, 2018			
Consideration of			
		Resolution 2019-02 Approval of		
Staff Reports		Rolling Oaks Phase 6 Plat		
				
A.	Attorney			
B.	Engineer			
C.	District Manager's Report			
				
	i.	Approval of Check Register			
					
	ii.	Balance Sheet and Income Statement		
Supervisor's Requests			
Next Meeting Date			
Adjournment			

and

The second order of		
business of the Board of	Supervisors meeting is	
where the public has an opportunity to be heard on propositions	
reflected on the agenda, and any other items.		

the Public Comment Period coming before the Board as

The  third  order of business is  approval of the  minutes	of the  November	
Supervisors	meeting and acceptance of the	minutes	of the August 16, 2018	
meeting.  The minutes are enclosed for your	review.			

8, 2018 Board of Audit Committee

The fourth order of Phase 6 Plat. A copy

business	is	consideration of Resolution		
of the				
				
resolution will be provided under		

2019-02 separate

approval cover.

of Rolling

Oaks

The fifth order of business includes the check register income statement for your

is Staff Reports. Section C is the District Manager's Report. Section 1		
being	approval and Section 2 is the balance sheet and		
submitted for			
review.			

The balance of the agenda will questions, please contact me.

be

discussed

at

the meeting.

In

the

meantime,

if

you

have

any

Sincerely,

George District

S. Flint

Manager

CC:	Mark Straley, District	Counsel		
				
	Dave Schmitt, District Engineer		
	Steve			
	Sanford, Bond Counsel		
	Jon			
	Kessler, Underwriter		
	Robert Smith, Trustee			
Enclosures			

M INUTES

ROLLING

OAKS

MINUTES OF MEETING COMMUNITY DEVELOPMENT

DISTRICT

The	regular  meeting

of

the	Board

of

Supervisors

of

the

Rolling

Oaks	Community

Development District

was

held  Thursday,  November

8,

2018

at

12:00

p.m.  at  the  Heritage

Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida.

Present and constituting a quorum were:

John Chiste

Jared Bouskila
Peter Brown

Samir Y ajnik

Also present were:

George Flint

Vivek Babbar

Bruce Taylor

Chairman by telephone

Vice Chairman
Assistant Secretary

Assistant Secretary

Manager

Attorney by telephone

Engineer by telephone

FIRST ORDER OF BUSINESS	Roll Call	

Mr.

Flint

called

the

meeting to order and called the roll.

SECOND

ORDER

OF

BUSINESS

Public Comment Period

There

being none, the

next

item followed.

THIRD ORDER OF BUSINESS

Approval of the 2018 Meeting

Minutes

of

the September 13,

On MOTION by favor the minutes as presented.

Mr. Chiste	seconded by Mr. Bouskila with all in		
of the			
			
September 13, 2018 meeting were approved		

FOURTH ORDER OF BUSINESS	Consideration	of	Supplemental  Assessment		
					
	Resolution 2019-01			

Mr. Babbar stated this is a standard resolution Bonds that were issued and funded this morning for the the final supplemental methodology report.

ratifying next 400

the issuance single-family

of the Series 2018 lots. It also adopts

November 8, 2018

Rolling

Oaks

CDD

Mr. Flint stated I handed out the final supplemental assessment takes the supplemental that was previously prepared and is modified for preclosing was on Tuesday and the actual closing was this morning so the closed.

methodology, it merely the actual pricing. The Series 2018 Bonds have

On MOTION by Mr. Chiste seconded by Mr.

Resolution 2019-01 was approved.

Brown with

all

in

favor

FIFTH ORDER OF BUSINESS	Staff Reports	
A.	Attorney		

Mr. Babbai-will have a copy of there are any .

stated we anticipate the Phase 6 plat to that for my review as well as George's

be submitted sometime soon and we and we will provide any comments if

B.	Engineer

There being none, the next item followed.

C.	Manager

i.

Balance Sheet and Income Statement

A

copy

of

the balance

sheet

and

income

statement was

included

in

the agenda package.

ii.

Ratification

of

FY18 Funding Requests #12

iii.

Ratification

of

FY19 Funding Request #1

On MOTION by Mr. Chiste seconded by Fiscal Year 2018 funding request no. funding request no. 1 were ratified.

Mr.
12

Brown with all in favor and Fiscal Year 2019

SIXTH ORDER OF BUSINESS	Supervisor's Requests	

Mr. Chiste asked Peter can you work closely with Zack I think

can probably get that we have already spent relative to taking down the

is not a lot.

Mr. Brown stated I will do that.

there are first draw

some dollars we on the bonds. It

2

November 8, 2018	Rolling Oaks CDD		

Mr.

Flint stated as

soon

as

you

get those

costs together we

can

work

with the Engineer and

make sure we get the requisition prepared and funded.

SEVENTH

ORDER

OF

BUSINESS

Next

Meeting Date

Mr.

Flint stated the next meeting date is December

13

th

at

12:00

p.m.

On MOTION by Mr. Brown seconded by the meeting adjourned at 12:06 p.m.

Mr.

Yajnik with all

in

favor

Secretary/Assistant Secretary	ChairmanNice Chairman	

3

MINUTES OF MEETING	
ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT	
The Rolling Oaks Community Development District Audit Committee met Thursday,	
August  16,  2018  at  12:00 p.m.  at the  Heritage  Crossing  Community  Center,  7715  Heritage	
Crossing Way, Reunion, Florida.		
Present were:		
John Chiste		
Jared Bouskila		
Cora DiFiore by telephone		
Peter Brown		
Samir Y ajnik by telephone		
George Flint		
Vivek Babbar by telephone		
Bruce Taylor by telephone		
Cynthia Slattum		
Blake Roby		
FIRST ORDER OF BUSINESS	Roll Call	
Mr. Flint called the Audit Committee meeting to order and called the roll.	
SECOND ORDER OF BUSINESS	Public Comment Period	
There being none, the next item followed.	

THIRD ORDER OF BUSINESS

Approval

Meeting

of

the Minutes

of

the June 14, 2018

On MOTION by favor the minutes were approved as

Mr. Chiste seconded by Mr.

of the June  14, 2018 Audit
presented.

Bouskila with all in Committee meeting

FOURTH ORDER OF BUSINESS	Tally of Audit	
	Committee Members' Ranking	
	and Selection of an Auditor	

and

the

Mr. Flint stated at the form of the request for

last Audit proposals

Committee meeting you approved the selection criteria that was sent out. The CDD as a governmental entity is

required to have an annual independent audit.	We advertised in the Orlando Sentinel as well as

sent the bid document out to

about

a

half

dozen firms

that do

90%+

of

these audits to make sure

August 16, 2018

Rolling

Oaks

CDD

that we got a good response.  We	received four responses, one from Berger Toombs, one from		
								
Carr Riggs, one from Grau & Associates and one from McDirmit Davis.  Your selection criteria		
are ability	of															
		personnel, experience,	understanding	of the scope of work,	ability to provide the		

services and price.	Each one of those are weighted	evenly and the scoring	sheet in your agenda		

																	
book we did for															
		convenience show you the price							
										responses and we have asked for five years of		
pricing.	You can see that													
				Berger Toombs is the	lowest price starting in	2018 at $2,975 then going		
													
up in 2022 to $3,675 and the other prices for the firms are listed.  It appears that Grau is the next		
lowest, followed by McDirmit Davis and then Carr Riggs.  We have						
											worked with all four of these		
firms, I	think all four would have no problem providing the services, they are all experienced in		
			
doing Community Development District audits.	I defer to the Audit	Committee, we do need to		
														
come up with at least a consensus ranking that represents the Audit						
											Committee's position on this.		
Mr. Bouskila stated I have worked	with a few of these firms	before, specifically Berger		

Toombs and McDirmit									All are qualified but with		
				Davis on a couple other Boards that I sat on.				
price																	
being part of the criteria I recommend	Berger Toombs.  Berger Toombs had 100 points, Carr		
											
Riggs 85 points, Grau & Associates	95	points and McDirmit Davis 90	points so as listed on the		

sheet I had	1, 4, 2 and 3.													
		On	MOTION by	Mr. Bouskila seconded by Mr. Chiste with all in		
		favor the  ranking	of	Berger Toombs was ranked no.	1 with  100		
		points, Grau & Associates ranked no. 2 with 95 points, McDirmit		
		Davis ranked no. 3 with 90 points and Carr Riggs ranked no. 4 with		
		85 points was accepted.										

Mr. Flint stated during the Board meeting the Board will accept the Audit Committee and we will get an engagement letter executed.

On MOTION by Mr. Chiste seconded by Mr. Brown with all the meeting adjourned at 12:06 p.m.

recommendation

in favor

of

the

2

SECTION

IV

This

item

will

be

provided under

separate cover

SECTION

V

SECTION

C

SECTION

1

Rolling Oaks

Community Development District

Summary of Check Register

October 1, 2018 to November 30, 2018

Fund

General Fund

Payroll

Date

10/12/18

10/18/18

10/25/18

11/29/18

November  2018

Jared Bouskila

JohnChiste
Peter Brown

Samir Yajnik

CheckNo.'s

131

132

133-134

135-136

50302

50303

50304

50305

$

$

$

$

$

$

$

$

$

$

$

Amount	I		
			
175.00			
275.67			
17,262.70			
2,149.91			
19,863.28			
184.70			
184.70			
184.70			
184.70			
738.80			
20,602.os	1		

AP300R				YEAR-TO-DATE	ACCOUNTS  PAYABLE  PREPAID/COMPUTER	CHECK	REGISTER		
*** CHECK	DATES	10/01/2018	-						
				11/30/2018  ***	ROLLING	OAKS  GENERAL	FUND				
					BANK  A	GENERAL  FUND					

CHECK	VEND#	•.•.• INVOICE •...•.•.EXPENSED	TO...			VENDOR	NAME	STATUS		
DATE		DATE	INVOICE	YRMO	DPT	ACCT#	SUB	SUBCLASS				
												
11/29/18	00004	8/08/18	95854400	201808	310-51300-48000				*		
			FY19  BUDGET  ADOPT/BOS  MTG							
				ORLANDO	SENTINEL				

RUN	12/06/18	
	AMOUNT	
	2,026.24	

PAGE	2

....CHECK •••.•
AMOUNT	#

2,026.24	000136

TOTAL	FOR	BANK	A	19,863.28		
						
TOTAL	FOR	REGISTER	19,863.28		

ROAK

ROLLING

OAKS

APEREGRINO

SECTION

2

e:

'i
C'e·:-.
• •

Rolling

•

•
.,.

-: ·

•

Oaks

Community Development District

Unaudited Financial Reporting

October 31, 2018

•

•

•

•	•

•

•

•

•

•

•

•

•

1

2

3

4

5

6

7

8

9-10

Table of Contents

Balance Sheet

General Fund Income Statement

Debt Service Income Statement

Capital Projects Income Statement

Month to Month

Developer Contributions Schedule

Long Term Debt Summary

Assessment Receipt Schedule

Series 2016	Construction Schedule		

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

BALANCE SHEET

October 31, 2018

ASSETS:

CASH

INVESTMENTS

SERIES 2016

REVENUE

RESERVE

INTEREST

CAPITALIZED INTEREST

SINKING FUND

CONSTRUCTION

COSTS OF ISSUANCE

TOTAL ASSETS

LIABILITIES:

ACCOUNTS PAYABLE

FUND EQUITY:

FUND BALANCES:

RESTRICTED FOR DEBT SERVICE

RESTRICTED FOR CAPITAL PROJECTS

UNASSIGNED

General

Fund

$10,723

---

---

---

---

---

---

---

$10,723

$2,056

---

---

$8,666

Debt Service

Fund

---

$20,860

$1,126,452

$450,378

$0

$220,000

---

---

$1,817,690

---

$1,817,690

---
---

capital Projects

Fund

---

---

---

---

---

---

$131,733

$0

$131,733

---

---

$131,733

---

Totals

$10,723

$20,860

$1,126,452

$450,378

$0

$220,000

$131,733

$0

$1,960,146

$2,056

$1,817,690

$131,733

$8,666

TOTAL	LIABILITIES & FUND EQUITY		

$10,723	$1,817,690	

$131,733

$1,960,146

REVENUES:

ASSESSMENTS

DEVELOPER CONTRIBUTIONS

TOTAL REVENUES

EXPENDITURES:

ADMINISTRATIVE:

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND

Statement of Revenues & Expenditures

For The Period Ending October 31, 2018

ADOPTED	PRORATED BUDGET

BUDGET	10/31/18

$131,000	$0

$225,000	$18,750

$356,000	$18,750

ACTUAL

10/31/18

$0

$19,110

$19,110

VARIANCE

$0

$360

$360

SUPERVISORS FEES

FICA EXPENSE

ENGINEERING

ATTORNEY

ARBITRAGE

DISSEMINATION

ASSESSMENT ADMINISTRATION

ANNUAL AUDIT

TRUSTEE FEES

MANAGEMENT FEES

INFORMATION TECHNOLOGY

TELEPHONE

POSTAGE

INSURANCE

PRINTING & BINDING

LEGAL ADVERTISING

OTHER CURRENT CHARGES

OFFICE SUPPLIES

DUES, LICENSE & SUBSCRITIONS

TOTAL ADMINISTRATIVE

MAINTENANCE:

lANDSCAPE/lAKE MAINTENANCE

UTILITIES

CONTINGENCY

TOTAL MAINTENANCE

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE -Beginning

FUND BALANCE - Ending

$12,000	$1,000	
$918	$77	
$12,000	$1,000	
$25,000	$2,083	
$600	$0	
$3,500	$292	
$10,000	$10,000	
$5,000	$0	
$4,000	$0	
$35,000	$2,917	
$600	$50	
$300	$25	
$1,212	$101	
$6,350	$6,350	
$1,200	$100	
$2,000	$167	
$500	$42	
$300	$25	
$175	$175	
$120,655	$24,403	

$175,000	$14,583	
$50,000	$4,167	
$10,345	$862	
$235,345	$19,612	
$356,000	$44,015	
$0		
$0		
$0		

$0	$1,000	
$0	$77	
$0	$1,000	
$30	$2,053	
$0	$0	
$292	($0)	
$10,000	$0	
$0	$0	
$0	$0	
$2,917	($0)	
$50	$0	
$0	$25	
$8	$93	
$5,750	$600	
$75	$25	
$0	$167	
$0	$42	
$18	$7	
$175	$0	
$19,315	$5,088	

$0	$14,583	
$0	$4,167	
$0	$862	
$0	$19,612	
$19,315	$24,700	
($205)		
$8,871		
$8,666		

2

REVENUES:

ASSESSMENTS-TAX ROLL ASSESSMENTS - DIRECT INTEREST

TOTAL REVENUES

EXPENDITURES:

Series2016

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND

Statement of Revenues & Expenditures

For The Period Ending October 31, 2018

ADOPTED	PRORATED BUDGET

BUDGET	10/31/18

$589,501	$0

$534,800	$0

$2,500	$1,778

$1,126,801	$1,778

ACTUAL

10/31/18

$0

$0

$1,778

$1,778

VARIANCE

$0

$0

$0

$0

INTEREST -11/01

PRINCIPAL-11/01

INTEREST - 05/01

TRANSFER OUT {IN}

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FU ND BALANCE- Beginning

FUND BALANCE- Ending

$4S0,378	$450,378	
$220,000	$0	
$44S,428	$44S,428	
$0	$0	
$1,115,806	$89S,806	
$10,995		
$688,463		
$699,458		

	$0	$450,378	
	$0	$0	
	$0	$445,428	
$9,330	($9,330)	
$9	,330	$886,476	
{$7,553)		
$1,825,243		
$1,817,690		

3

REVENUES:

INTEREST

TOTAL REVENUES

EXPENDITURES:

Series 2016

CAPITAL OUTLAY - CONSTRUCTION TRANSFER OUT (IN)

TOTAL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE- Ending

ROLLING OAKS		
COMMUNITY DEVELOPMENT DISTRICT		
CAPITAL PROJECTS FUND		
Statement of Revenues & Expenditures		
For The Period Ending October 31, 2018		
ADOPTED	PRORATED BUDGET		
BUDGET	10/31/18		
			
$0	$0		
$0	$0		

$0	$0	
$0	$0	
$0	$0	
$0		
$0		
$0		

ACTUAL		
10/31/18	VARIANCE	
$188	$188	
$188	$188	

$0	$0	
($9,330)	$9,330	
($9,330)	$9,330	
$9,519		
$122,215		
$131,733		

4

				Oct		
REVENUES:					
DEVELOPER CONTRIBUTIONS/ASSESSMENTS	S19,110		
TOTAL REVENUES	I	$19,110		
						
EXPENDITURES;					
AQMINIS1RAUYE;				
SUPERVISOR FEES		$0		
FICA EXPENSE			$0		
ENGINEERING			$0		
ATTORNEY			$30		
ARBITRAGE			so		
DISSEMINATION		$292		
ASSESSMENT ADMINISTRATION		Sl0,000		
ANNUAL	AUDIT			$0		
TRUSTEE	FEES			$0		
MANAGEMENT	FEES		$2,917		
INFORMATION	TECHNOLOGY		$50		
TELEPHONE			$0		
POSTAGE				$8		
INSURANCE			$5,750		
PRINTING & BINDING		$75		
LEGAL ADVERTISING		so		
OTHER OJRRENT CHARGES		$0		
OFFICE SUPPLIES		S18		
DUES, LICENSES & SUBSCRIPTIONS		$175		
TOTAL ADMINISTRATIVE	I__	$19,315		
MAINTENANg;					
LANDSCAPE/LAKE MAINTENANCE		$0		
UTILITIES				$0		
CONTINGENCY			$0		
TOTAL MAINTENANCE				
TOTAL EXPENDITURES	I	S19,315		
EXCESS REVENUES (EXPENDITURES)	I	1s2os1		

Nov

so

$0

$0

$0

$0

$0

so

so

$0

$0

$0

$0

$0

$0

$0

so

$0

$0

$0

so

$0

$0

$0

so

$0

$0

$0

Dec

so

$0

$0

$0

so

$0

$0

$0

so

$0

$0

so

$0

$0

$0

$0

so

so

$0

$0

$0

$0

$0

$0

$0

$0

$0

	ROLLING OAKS			
Community Development District			
Jan	Feb	March	Aeril		
					
so	$0	$0	so		
					
so	so	so	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
so	$0	$0	$0		
$0	$0	so	$0		
$0	so	so	$0		
$0	$0	$0	$0		
so	$0	$0	$0		
so	$0	$0	so		
$0	so	so	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
so	$0	$0	$0		
so	$0	$0	so		
$0	$0	$0	$0		
$0	$0	$0	so		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
$0	$0	$0	$0		
					
$0	so	$0	$0		
					
so	$0	$0	$0		

Ma;r:

so

$0

$0

so

$0

$0

$0

$0

$0

$0

so

$0

$0

$0

so

$0

$0

$0

$0

so

$0

$0

$0

$0

$0

$0

so

June

$0

so

$0

$0

$0

$0

$0

$0

$0

$0

so

$0

$0

$0

so

$0

$0

$0

$0

$0

$0

$0

$0

so

$0

$0

$0

Jul~

so

$0

$0

$0

$0

$0

$0

$0

so

$0

$0

$0

$0

$0

$0

$0

so

so

$0

$0

$0

$0

so

$0

$0

$0

$0

Au~

$0

$0

$0

$0

so

$0

$0

so

$0

$0

so

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

~	Total			
so		S19,110			
$0		s19.110	I		
so		$0			
$0		$0			
$0		$0			
$0		$30			
so		$0			
$0		$292			
$0		Sl0,000			
$0		$0			
so		$0			
$0		$2,917			
$0		$50			
$0		$0			
$0		$8			
so		S5,750			
$0		S75			
$0		$0			
$0		$0			
so		$18			
$0		$175			
$0		$19,315	I		
					
$0		$0			
$0		$0			
$0		$0			
so	~	S19,315	l		
$0		1s2051I		

5

Funding

Request

#

Prepared

Date

Payment

Received

Date

ROLLING OAKS

Community Development District

Developer Contributions/Due from Developer

Check	Total

Amount	Funding

Request

General

Fund

Portion (18)

General

Fund

Portion (19)

Over and

(short)

Balance Due

11

12

1

8/27/18

9/27/18

10/4/18

9/24/18

10/25/18

10/25/18

$	13,368.23	$	13,368.23	$	7,618.23	$	5,750.00	$		
$	14,474.80	$	14,474.80	$	4,474.80	$	10,000.00	$		
$	6,510.03	$	6,510.03	$	3,150.39	$	3,359.64	$		

IDue from Developer

Total Developer Contributions FY19

*FY18 column does not include Funding

Requests

#1-10.

$

34,353.06

$

$

34,353.06

19,109.64

$

15,243.42

$

19,109.64

$

6

ROLLING

OAKS

COMMUNITY

DEVELOPMENT

DISTRICT

LONG

TERM

DEBT

REPORT

SERIES

2016,

SPECIAL

ASSESSMENT

BONDS

INTEREST RATES:

MATURITY DATE:

RESERVE FUND DEFINITION

RESERVE FUND REQUIREMENT

RESERVE FUND BALANCE

BONDS OUTSTANDING - 12/15/16

CURRENT BONDS OUTSTANDING

4.500%, 5.250%, 5.875%, 6.000%

11/1/2047

MAXIMUM ANNUAL DEBT SERVICE

$1,124,706

$1,126,452

$15,640,000

$15,640,000

7

Date

Received

Gross Assessments

Check No.	Received

ROLLING OAKS

COMMUNITY DEVELOPMENT DISTRICT

SPEOAL ASSESSMENT REalPTS - FYZ019

TAX CX>LLECTOR

Gross Assessments	$	766,512

Net Assessments	$	720,522

Discounts/	Commissions	Interest	Net Amount

Penalties	Paid	Income	Received

$	139,384	
$	131,021	
General Fund	
	18.18%	

$	627,128	
$	589,501	
2016	
Debt Svc Fund	
81	.8296	

Total

100'6

11/26/18

Totals

33069	$	154,472.45	$	$	3,089.45	$	$	151,383.00	$	27,527.76	$	123,855.24	$	151,383.00		
	$		$	$		$	$		$		$		$			
	$		$													
				$		$	$		$							
											$		$			
	$		$	$		$	$		$		$		$			
	$															
			$	$		$	$		$							
											$		$			
	$		$	$		$	$		$		$		$			
	$															
			$	$		$	$		$							
											$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$		$		$			
	$		$	$		$	$		$							
											$		$			
	$															
			$	$		$	$		$							
											$		$			
	$		$	$		$	$		$		$		$			
	$															
			$	$		$	$		$							
											$		$			
																
	$	154,472.45	$	$	3,089.45	$	$	151,383.00	$	27,527.76	$	123,855.24	$	151,383.00		

		DIRECT BILLED ASSESSMENTS	
K.HOVNANIAN	AT MYSTIC DUNES LLC	$S34,800.00	
DATE	DUE	OiECK	NET	
REalVED	DATE	NO.	ASSESSED	
	12/1/18	$	267,400.00	
	2/1/19	$	133,700.00	
	5/1/19	$	133,700.00	
		$	534,800.00	

$

$

$

$

AMOUNT

RECEIVED .

.

.
.

$534,800.00		
DEBTSERVla		
	2016		
$	.		
	.		
$			
	.		
$			
	.		
$			

8

Rolling

Oaks

Community

Development

District

Special Assessment Bonds, Serles 2016

	Date	
Fiscal Year 2017	
7	/11/17	
Fiscal Year 2017	
12/1/16	
1/1/17	
2/1/17	
3/1/17	
4/1/17	
5/1/17	
6/1/17	
7/1/17	
8/1/17	
9/1/17	

Requisition

II

Contractor		Description		
				
GMS-CF, LLC	lnvoice#29 - FY201 7 Construction Accounting		
TOTAL				
Interest				
Interest				
Interest				
Interest				
Interest				
Interest				
Interest				
Interest				
Interest				
Interest				
TOTAL				
	Acquisition/Construction Fund at 12/15/16		
	Interest Earned thru 9/30/17			
	Requisitions Paid thru 9/30/17			
	Remaining Acqulsition/Constnlction	Fund		

Requisitions

$3,500.00

$3,500.00

$0.00

$0.00

$2,331.71

$4,531.59

$5,678.82

$6,488.93

$7,085.26

$8,081.42

$9,586.41

$9,956.28

$53,740.42

$13,240,079.92

$53,740.42

($3,500.00)

$13,290,320.34

Date		Requisition II	
Fiscal Year	2018		
11/10/17	2	
Fiscal Year	2018		

Contractor	Description	Requisitions		

Rolling Oaks	Completion of Roadway, Drainage, and Utility Infrastructure	$13,193,249.89		
Splendid, LLC				
TOTAL		$13,193,249.89		

10/1/17

11/1/17

12/1/17

1/1/18

2/1/18

3/1/18

4/1/18

5/1/18

5/1/18

6/1/18
7/1/18

8/1/18

9/1/18

Excess

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Interest

Reserve Transfer In

Interest

Interest

Interest

Interest

TOTAL

Acquisition/Construction Fund at 09/30/2017

Interest Earned and Transfer In thru 9/30/18

Requisitions Paid thru 9/30/18

Remaining Acquisition/Construction Fund

$10,212.06	
$3,048.46	
$85.93	
$100.50	
$112.15	
$105.23	
$129.82	
$140.72	
$10,455.68	
$166.54	
$171.28	
$185.62	
$187	.53	
$25,101.52		
$13,290,320.34	
$25,101.52	
($13,193,249.89)	
$122,171.97	

9

Date

Fiscal Year 2019

Fiscal Year 2019

10/1/18

10/1/18

Requisition

#

Rolling Oaks			
Community Development District		
Special	Series 2016		
Assessment Bonds,			

Contractor	Desaiptlon		
			
TOTAL			
Interest			
Transfer In (Out)		
TOTAL			
	Acquisition/Construction Fund at 10/31/2018		
	Interest		
	Earned and Transfer In thru 10/31/U		
	Requisitions Paid thru 10/31/U		
	Remaining Acquisition/Construction Fund		

Requisitions

$0.00

$188.06

$9,373.03

$9,561.09

$122,171.97

$9,561.09

$0.00

$131,733.06

10