Rhodine Road North Community Development District
Meeting Agenda December 8, 2022

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Rhodine Road North
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

December 1, 2022

Board of Supervisors Rhodine Road North
Community Development District

Dear Board Members:

A meeting of the Board of Supervisors of the Rhodine Road North Community Development District will be held Thursday, December 8, 2022 at 1:30 PM at the Holiday Inn Express & Suites, 2102 N. Park Rd., Plant City, FL 33563.

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/88437429117
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 884 3742 9117

Following is the advance agenda for the meeting:

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the July 14, 2022 Board of Supervisors Meeting
Consideration of Proposal from Danielle Fence for Takedown and Relocation of Fencing
Consideration of Engagement Letter for Fiscal Year 2022 Audit Services from Grau & Associates
Consideration of Arbitrage Rebate Reports for Series 2019 Project
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Addendum to Pool Maintenance Contract with Suncoast Pools for Price Increase—ADDED
Discussion Regarding Resident Request for Dog Waste Stations—ADDED
District Manager’s Report
Check Register
Balance Sheet and Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

MINUTES

MINUTES OF MEETING RHODINE ROAD NORTH
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Rhodine Road North Community Development District was held on Thursday, July 14, 2022 at 1:30 p.m. at the Holiday Inn Express & Suites, 2102 N. Park Rd., Plant City, Florida.

Present and constituting a quorum:

Brian Walsh	Chairman
Milton Andrade	Vice Chairman
Phillip Allende	Assistant Secretary
Jeff Shenefield	Assistant Secretary
Garret Parkinson	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Lauren Gentry	District Counsel, KE Law Group
Grace Kobitter	District Counsel, KE Law Group
Clayton Smith	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order. Five Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present or joining via Zoom at this time.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the April 14, 2022,
Board of Supervisors Meeting
Ms. Burns asked for any comments, questions, or corrections on the April 14th, 2022 Board of Supervisors meeting minutes. The Board had no changes to the minutes.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Minutes of the April 14, 2022 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Public Hearings
Public Hearing on the Adoption of the Fiscal Year 2023 Budget
Ms. Burns stated that this public hearing had been advertised in the newspaper.

On MOTION by Mr. Andrade, seconded by Mr. Allende, with all in favor, Opening the Public Hearing, was approved.

Ms. Burns stated that there were no members of the public present at this time.

Consideration of Resolution 2022-10 Adopting the District’s Fiscal Year 2023 Budget and Appropriating Funds
Ms. Burns stated that this resolution was included in the agenda package for review. She noted that they were now allotted changes from the preliminary budget, which was updated actuals, they removed telephone since they were using Zoom, and they removed travel and per diems since they were not adding anything to that line item. She noted that it was essentially saying that they had saw before that the per lot O&M assessment was staying the same for all the platted lots as it was the previous year which was $895.41. She stated that there was no increase to any of the platted lots.
Ms. Burns noted that they would have an assessment hearing after this for the Cole Parcel, which they would be levying assessments on all the first time. She stated that everything that was currently in the District was getting the same O&M rate, no increase to any of those. She referred to the amounts listed in the agenda package. She noted that they did increase landscape maintenance, landscape replacement, lake maintenance and streetlights a little bit to account for the new phase coming on. She asked if anyone had any changes or questions to this budget. Mr. Andrade asked for clarification that the O&M did stay the same and that they would have a debt assessment for the Cole Parcel. Ms. Burns responded that was correct and she added the levying per lot O&M assessment on that parcel as well.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Resolution 2022-10 Adopting the District’s Fiscal Year 2023 Budget and Appropriating Funds, was approved.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Closing the Public Hearing, was approved.

Public Hearing on the Imposition of Operations and Maintenance Special Assessments
Ms. Burns stated that this was for the Cole Parcel since this was a first time O&M levy on those lands. She noted that this had been advertised in the paper.

On MOTION by Mr. Allende, seconded by Mr. Parkinson, with all in favor, Opening the Public Hearing, was approved.

Consideration of Resolution 2022-11 Imposing Special Assessments and Certifying an Assessment Roll
Ms. Burns stated that this resolution was included in the agenda package for review. She stated that the amounts in the assessment roll were for the platted lots based on the budget that the Board just adopted which included the Cole Parcel. The Cole Parcel was not platted yet. Ms. Burns asked the Board if they would want to get it on roll or if they wanted to direct bill it. Mr. Andrade suggested that doing it off roll would be best. Ms. Burns noted that they would direct bill the Cole Parcel with quarterly O&M.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, Resolution 2022-11 Imposing Special Assessments and Certifying an Assessment Roll, was approved.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Closing the Public Hearing, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-12
Designation of Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2023
Ms. Burns stated that the schedule in the agenda package had the same date as the current fiscal year, which was the second Thursday at 1:30 p.m. in their current location.

On MOTION by Mr. Allende, seconded by Mr. Walsh, with all in favor, Resolution 2022-12 Designation of Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2023, was approved.

SIXTH ORDER OF BUSINESS	Consideration of Proposal from AMTEC for
Arbitrage Rebate Services
Ms. Burns stated that this was a required report that they needed to do per the trust indenture to certify that the District was not earning more interest than it paid. She noted that it was $450 annually with AMTEC.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Proposal from AMTEC for Arbitrage Rebate Services, was approved.

SEVENTH ORDER OF BUSINESS	Presentation of Fiscal Year 2021 Audit Report
Ms. Burns stated that on page 28 of the agenda package was the report to management and that there were no instances of non-compliance. She stated that the District didn’t meet any of the conditions for financial emergency and that it was considered a clean audit. She noted that it was submitted to the state as well.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Fiscal Year 2021 Audit Report, was approved.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Gentry had nothing further.

Engineer
Ratification of Stormwater and Wastewater Management Analysis Reports
The District Engineer was not in attendance. Ms. Burns stated that the stormwater and wastewater management analysis was included in the agenda package for review. She stated that it was submitted prior to the June 30th deadline. She asked if anyone had any questions on that report. Hearing none,

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Stormwater and Wastewater Management Analysis Reports, were ratified.

Field Manager’s Report

Mr. Smith stated that one thing they experienced at this amenity was saturation and that it was holding water. He noted that he was having the landscaper dial back the irrigation that they were using there. He stated that one issue they were running into was the door to the electric utility room did not have a slab or anything in front of it, so when it rained hard it would fill up and go into the room and make it damp with all their electrical equipment. He stated that they saw that as priority and took care of it by adding a concrete pad to keep the water away from the door. The next issue item was when they leave the overhang and enter the pool deck on either side, when it rains, all the mulch and water washes in and pools around the pool area. He stated that he added a proposal to take care of this by adding a draining system using corrugating piping.
Mr. Smith stated that some other side items that he has noticed was that people would park in front of mailboxes and then turn around and go across the grass. He noted that this was not their road, so he couldn’t put any bollards or anything there. He noted that he was trying to come up with something they could do to stop them from doing that. He stated that they fixed the playground ramp where the ramp was holding water underneath causing it to dip when walked on. He noted that they stabilized that by adding rock and dirt. He stated that they had some conversations about the midges on the property. He noted that he was on site, and that he hadn’t noticed a major midge issue there. He suggested that they may want to wait and see until the next fiscal year. He stated that another side item was to go through and remove the barbed wire fencing that was left behind in a couple of locations.

Consideration of Proposal for Amenity Drainage System
Mr. Smith stated that the first proposal was for adding some drains. The south side will have three drain basins and approximately 155’ of trenching to the drain inlet. The north side will have a basin drain and will be trenched about 12 feet to the nearest drain inlet. The trenching will be done along the fence and through open sod areas. He suggested using a different mulch that wouldn’t wash away when it rains. Ms. Burns stated that they had about $3,500 in contingency that they could use. Mr. Smith stated that they would also add a landscape barrier to the fence to prevent the mulch from washing onto the pool deck.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Quote for Amenity Drainage System, was approved.

Consideration of Quote for Amenity Cameras (to be provided under separate cover)
Mr. Smith stated that they had been working with another company to install the systems. He stated that they had been having a lot of trouble recently, so they have started working with a company called Current Demands, Inc. He stated that they were able to deliver and service all the same systems. He also noted that they were a little more cost effective as well. He presented the camera proposal to the Board for the install of cameras for the amenity. He stated that this one included five cameras and had a 2 TB hard disk. He noted that it also tied in the Wi-Fi, so they could view it remotely. Ms. Burns stated that they have $4,500 in security that they haven’t used. This proposal is for $3,634, so there would be a little bit left for ordering more access cards.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Quote for Amenity Cameras, was approved.

District Manager’s Report
Check Register
Ms. Burns stated that this is from April 7th through July 6th and it is $48,731.31.

On MOTION by Mr. Andrade, seconded by Mr. Allende, with all in favor, the Check Register for $48,731.31, was approved.

Balance Sheet and Income Statement
Ms. Burns stated that financial statements are included in the packet for review. There was no action necessary from the Board. She noted that they were through May 31st.

Ratification of Series 2019 Fiscal Year 2022 Funding Requests #5 and #6
Ms. Burns stated that Series 2019 funding requests #5 and #6 had already been approved and just needed to be ratified.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Series 2019 Fiscal Year 2022 Funding Requests #5 and #6, were ratified.

Presentation of Number of Registered Voters – 201

Ms. Burns stated that they were required to determine the number of registered voters within the District as of April 15th of each year. She stated that number was currently 201.

NINTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Adjournment
The meeting was adjourned.

On MOTION by Mr. Andrade, seconded by Mr. Allende, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section IV

September 2, 2022

Rhodine Road North CDD	Jobsite: Ridgewood
Greg Jones	11650 Rhodine Rd. - Playground
346 East Central Ave	Riverview, FL 33579 Winter Haven, FL 33880

Thank you for the opportunity to offer you an estimate for your fencing needs located at the job site listed above. Please accept this letter as our Contract for your review.

BUDGET PRICE BETWEEN $6,940.00 AND $7,940.00

Takedown and Reinstall in new location 77’ of 48” Black 3 Rail Avalon, picket bottom, residential grade Aluminum fence
Install 7’ of New 48” Black 3 Rail Avalon, picket bottom, residential grade Aluminum Fence
1, Existing swing set -Takedown and relocate in new area and pull up and relocate rubber mulch border and mulch.

Note: Swing set must be set back 20’ from existing climbing play set, closest object on playset. Swing must set back 6’ from inside edge of mulch border,
Swing top cross bar, form bottom of cross bar to top of mulch must be 84” Mulch is 6” thick

Price includes tax, materials and installation.
Price is valid for 10 days or until the next material price increase, whichever comes first.

Danielle Fence Mfg. Co., Inc. will provide a Certificate of Liability Insurance and Workers’ Compensation Certificate, and will maintain it fully in effect until completion of this contract.

Signature: 	Date: 	MN

Section V

October 14, 2022 Board of Supervisors
Rhodine Road North Community Development District 219 East Livingston Street
Orlando, FL 32801

951 Yamato Road ▪ Suite 280 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

We are pleased to confirm our understanding of the services we are to provide Rhodine Road North Community Development District, Hillsborough County, Florida (“the District”) for the fiscal year ended September 30, 2022. We will audit the financial statements of the governmental activities and each major fund, including the related notes to the financial statements, which collectively comprise the basic financial statements of Rhodine Road North Community Development District as of and for the fiscal year ended September 30, 2022. In addition, we will examine the District’s compliance with the requirements of Section 218.415 Florida Statutes. This letter serves to renew our agreement and establish the terms and fee for the 2022 audit.
Accounting principles generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the District’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District’s RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management’s Discussion and Analysis
Budgetary comparison schedule
The following other information accompanying the financial statements will not be subjected to the auditing procedures applied in our audit of the financial statements, and our auditor’s report will not provide an opinion or any assurance on that information:
Compliance with FL Statute 218.39 (3) (c)
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express such opinions. We will issue a written report upon completion of our audit of the District’s financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.

Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute 218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District’s compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the District’s compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management’s responsibility. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying and providing report copies of previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible for providing management’s views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.
With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.

Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District’s compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees, and Other
We understand that your employees will prepare all cash or other confirmations we request and will locate any documents selected by us for testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.

Furthermore, Grau & Associates agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Auditor acknowledges that the designated public records custodian for the District is the District Manager (“Public Records Custodian”). Among other requirements and to the extent applicable by law, Grau & Associates shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if Auditor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Grau & Associate’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Grau & Associates, Grau & Associates shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF GRAU & ASSOCIATES HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO ITS DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE PUBLIC RECORDS CUSTODIAN AT: C/O GOVERNMENTAL MANAGEMENT SERVICES – CENTRAL FLORIDA LLC, 219 EAST LIVINGSTON STREET ORLANDO, FLORIDA 32801, OR RECORDREQUEST@GMSCFL.COM, PH: (407) 841-5524.

Our fee for these services will not exceed $6,600 for the September 30, 2022 audit, unless there is a change in activity by the District which results in additional audit work or if additional Bonds are issued. This agreement is automatically renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees. The fee for each annual renewal will be agreed upon separately.

We will complete the audit within prescribed statutory deadlines, which requires the District to submit its annual audit to the Auditor General no later than nine (9) months after the end of the audited fiscal year, with the understanding that your employees will provide information needed to perform the audit on a timely basis.

The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out- of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.

The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of termination to Grau & Associates. Upon any termination of this agreement, Grau & Associates shall be entitled to payment of all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the District may have against Grau & Associates.

We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2019 peer review report accompanies this letter.

We appreciate the opportunity to be of service to Rhodine Road North Community Development District and believe this letter accurately summarizes the terms of our engagement and, with any addendum, if applicable, is the complete and exclusive statement of the agreement between Grau & Associates and the District with respect to the terms of the engagement between the parties. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.

Very truly yours, Grau & Associates

Antonio J. Grau RESPONSE:
This letter correctly sets forth the understanding of Rhodine Road North Community Development District.

By: 		
Title:	
Date:	

 	

Section VI

REBATE REPORT
$10,000,000
Rhodine Road North Community Development District
(Hillsborough County, Florida)
Special Assessment Bonds, Series 2019

Dated: June 28, 2019
Delivered: June 28, 2019

Rebate Report to the Computation Date June 28, 2022
Reflecting Activity To June 28, 2022

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service Schedule	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Account	13	
Arbitrage Rebate Calculation Detail Report – Escrow Account	17	
Arbitrage Rebate Calculation Detail Report – Reserve Account	18	
Arbitrage Rebate Calculation Detail Report – Interest Account	20	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Account	21	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	22	

July 18, 2022

Rhodine Road North Community Development District c/o Ms. Katie Costa
Directors of Operations – Accounting Division Governmental Management Services-CF, LLC 6200 Lee Vista Boulevard
Orlando, FL 32822

Re:	$10,000,000 Rhodine Road North Community Development District (Hillsborough County,
Florida), Special Assessment Bonds, Series 2019	

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Rhodine Road North Community Development District (the “District”)

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of June 30, 2023. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the June 28, 2022 Computation Date
Reflecting Activity from June 28, 2019 through June 28, 2022

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Account	1.508047%	45,841.56	(104,983.89)	
Escrow Account	1.600093%	15,179.14	(31,890.92)	
Reserve Account	0.448746%	6,607.60	(65,350.50)	
Interest Account	1.337344%	3,250.38	(8,832.02)	
Cost of Issuance Account	1.807076%	299.95	(521.98)	
Totals	1.246804%	$71,178.63	$(211,579.31)	
Bond Yield	4.598748%		
Rebate Computation Credits	(5,620.34)	
Net Rebatable Arbitrage	$(217,199.65)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from June 28, 2019, the date of the closing, to June 28, 2022, the Computation Date. All nonpurpose payments and receipts are future valued to the Computation Date of June 28, 2022.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between June 28, 2019 and June 28, 2022, the District made periodic payments into the Interest, Sinking and Prepayment Accounts (collectively, the “Debt Service Fund”) that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

In accordance with Page C-1 of the Arbitrage and Tax Certificate, Exhibit C (Arbitrage Rebate Covenants) the first (initial) Computation Date must be within 60 days of the end of the third Bond Year. After the first required payment date (Computation Date) the District must consistently treat either the last day of each Bond Year or the last day of each fifth Bond Year as the (subsequent) Computation Date(s). Therefore, for purposes of the arbitrage calculation, the first Computation Date is June 28, 2022.

DEFINITIONS

Computation Date
June 28, 2022.

Computation Period
The period beginning on June 28, 2019, the date of the closing, and ending on June 28, 2022, the Computation Date.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Accounts	Account Number	
Revenue	243788000	
Interest	243788001	
Sinking	243788002	
Reserve	243788003	
Prepayment	243788004	
Acquisition & Construction	243788005	
Escrow Subaccount	243788006	
Cost of Issuance	243788007	

METHODOLOGY
Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of June 28, 2022, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to June 28, 2022. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on June 28, 2022, is the Rebatable Arbitrage.

$10,000,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2019 Delivered: June 28, 2019

Sources of Funds

Par Amount	$10,000,000.00	
Total	$10,000,000.00	

Uses of Funds

Acquisition & Construction Account	$ 6,350,600.00	
Escrow Account	2,235,000.00	
Reserve Account	618,187.50	
Interest Account	377,487.50	
Cost of Issuance Account	218,725.00	
Underwriter’s Discount	200,000.00	
Total	$10,000,000.00	

PROOF OF ARBITRAGE YIELD
$10,000,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2019

Date	

Debt Service	Present Value to 06/28/2019
@ 4.5987479559%	
11/01/2019	153,237.50	150,875.43	
05/01/2020	224,250.00	215,830.56	
11/01/2020	224,250.00	210,979.36	
05/01/2021	394,250.00	362,582.00	
11/01/2021	221,275.00	198,927.08	
05/01/2022	396,275.00	348,245.30	
11/01/2022	218,212.50	187,454.23	
05/01/2023	403,212.50	338,591.94	
11/01/2023	214,975.00	176,464.61	
05/01/2024	404,975.00	324,956.25	
11/01/2024	211,650.00	166,012.95	
05/01/2025	406,650.00	311,796.69	
11/01/2025	207,750.00	155,710.82	
05/01/2026	412,750.00	302,407.01	
11/01/2026	203,650.00	145,853.29	
05/01/2027	418,650.00	293,096.02	
11/01/2027	199,350.00	136,427.55	
05/01/2028	419,350.00	280,536.59	
11/01/2028	194,950.00	127,486.19	
05/01/2029	424,950.00	271,646.90	
11/01/2029	190,350.00	118,945.17	
05/01/2030	430,350.00	262,871.06	
11/01/2030	185,550.00	110,792.14	
05/01/2031	435,550.00	254,221.94	
11/01/2031	179,925.00	102,658.18	
05/01/2032	439,925.00	245,362.23	
11/01/2032	174,075.00	94,905.74	
05/01/2033	449,075.00	239,332.67	
11/01/2033	167,887.50	87,463.83	
05/01/2034	452,887.50	230,636.21	
11/01/2034	161,475.00	80,383.97	
05/01/2035	461,475.00	224,563.61	
11/01/2035	154,725.00	73,600.15	
05/01/2036	469,725.00	218,418.25	
11/01/2036	147,637.50	67,107.18	
05/01/2037	472,637.50	210,003.96	
11/01/2037	140,325.00	60,948.27	
05/01/2038	480,325.00	203,933.49	
11/01/2038	132,675.00	55,064.22	
05/01/2039	492,675.00	199,879.35	
11/01/2039	124,575.00	49,404.36	
05/01/2040	499,575.00	193,669.91	
11/01/2040	116,137.50	44,010.97	
05/01/2041	506,137.50	187,492.55	
11/01/2041	106,875.00	38,700.68	
05/01/2042	516,875.00	182,959.54	
11/01/2042	97,137.50	33,611.16	
05/01/2043	527,137.50	178,298.42	
11/01/2043	86,925.00	28,740.57	
05/01/2044	536,925.00	173,536.67	
11/01/2044	76,237.50	24,086.48	
05/01/2045	551,237.50	170,243.46	
11/01/2045	64,956.25	19,610.09	
05/01/2046	559,956.25	165,249.38	
11/01/2046	53,200.00	15,347.03	
05/01/2047	573,200.00	161,638.93	
11/01/2047	40,850.00	11,260.53	
05/01/2048	585,850.00	157,862.97	

PROOF OF ARBITRAGE YIELD
$10,000,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2019
Present Value to 06/28/2019
Date	Debt Service  @ 4.5987479559%

11/01/2048	27,906.25	7,350.59
05/01/2049	602,906.25	155,237.87
11/01/2049	14,250.00	3,586.66
05/01/2050	614,250.00	151,128.75

19,056,962.50	10,000,000.00

Proceeds Summary

Delivery date	06/28/2019	
Par Value	10,000,000.00	
Target for yield calculation	10,000,000.00	

BOND DEBT SERVICE
$10,000,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2019

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
06/28/2019						
11/01/2019			153,237.50	153,237.50		
05/01/2020			224,250.00	224,250.00	377,487.50	
11/01/2020			224,250.00	224,250.00		
05/01/2021	170,000	3.500%	224,250.00	394,250.00	618,500.00	
11/01/2021			221,275.00	221,275.00		
05/01/2022	175,000	3.500%	221,275.00	396,275.00	617,550.00	
11/01/2022			218,212.50	218,212.50		
05/01/2023	185,000	3.500%	218,212.50	403,212.50	621,425.00	
11/01/2023			214,975.00	214,975.00		
05/01/2024	190,000	3.500%	214,975.00	404,975.00	619,950.00	
11/01/2024			211,650.00	211,650.00		
05/01/2025	195,000	4.000%	211,650.00	406,650.00	618,300.00	
11/01/2025			207,750.00	207,750.00		
05/01/2026	205,000	4.000%	207,750.00	412,750.00	620,500.00	
11/01/2026			203,650.00	203,650.00		
05/01/2027	215,000	4.000%	203,650.00	418,650.00	622,300.00	
11/01/2027			199,350.00	199,350.00		
05/01/2028	220,000	4.000%	199,350.00	419,350.00	618,700.00	
11/01/2028			194,950.00	194,950.00		
05/01/2029	230,000	4.000%	194,950.00	424,950.00	619,900.00	
11/01/2029			190,350.00	190,350.00		
05/01/2030	240,000	4.000%	190,350.00	430,350.00	620,700.00	
11/01/2030			185,550.00	185,550.00		
05/01/2031	250,000	4.500%	185,550.00	435,550.00	621,100.00	
11/01/2031			179,925.00	179,925.00		
05/01/2032	260,000	4.500%	179,925.00	439,925.00	619,850.00	
11/01/2032			174,075.00	174,075.00		
05/01/2033	275,000	4.500%	174,075.00	449,075.00	623,150.00	
11/01/2033			167,887.50	167,887.50		
05/01/2034	285,000	4.500%	167,887.50	452,887.50	620,775.00	
11/01/2034			161,475.00	161,475.00		
05/01/2035	300,000	4.500%	161,475.00	461,475.00	622,950.00	
11/01/2035			154,725.00	154,725.00		
05/01/2036	315,000	4.500%	154,725.00	469,725.00	624,450.00	
11/01/2036			147,637.50	147,637.50		
05/01/2037	325,000	4.500%	147,637.50	472,637.50	620,275.00	
11/01/2037			140,325.00	140,325.00		
05/01/2038	340,000	4.500%	140,325.00	480,325.00	620,650.00	
11/01/2038			132,675.00	132,675.00		
05/01/2039	360,000	4.500%	132,675.00	492,675.00	625,350.00	
11/01/2039			124,575.00	124,575.00		
05/01/2040	375,000	4.500%	124,575.00	499,575.00	624,150.00	
11/01/2040			116,137.50	116,137.50		
05/01/2041	390,000	4.750%	116,137.50	506,137.50	622,275.00	
11/01/2041			106,875.00	106,875.00		
05/01/2042	410,000	4.750%	106,875.00	516,875.00	623,750.00	
11/01/2042			97,137.50	97,137.50		
05/01/2043	430,000	4.750%	97,137.50	527,137.50	624,275.00	
11/01/2043			86,925.00	86,925.00		
05/01/2044	450,000	4.750%	86,925.00	536,925.00	623,850.00	
11/01/2044			76,237.50	76,237.50		
05/01/2045	475,000	4.750%	76,237.50	551,237.50	627,475.00	
11/01/2045			64,956.25	64,956.25		
05/01/2046	495,000	4.750%	64,956.25	559,956.25	624,912.50	
11/01/2046			53,200.00	53,200.00		
05/01/2047	520,000	4.750%	53,200.00	573,200.00	626,400.00	
11/01/2047			40,850.00	40,850.00		
05/01/2048	545,000	4.750%	40,850.00	585,850.00	626,700.00	

BOND DEBT SERVICE
$10,000,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2019

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2048			27,906.25	27,906.25		
05/01/2049	575,000	4.750%	27,906.25	602,906.25	630,812.50	
11/01/2049			14,250.00	14,250.00		
05/01/2050	600,000	4.750%	14,250.00	614,250.00	628,500.00	
	10,000,000		9,056,962.50	19,056,962.50	19,056,962.50	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)

06/28/19	Beg	Bal	-6,350,600.00	-7,278,679.81	
07/25/19			15,000.00	17,133.58	
07/25/19			55,168.80	63,015.94	
07/25/19			1,825.10	2,084.70	
07/25/19			470.00	536.85	
07/29/19			111,826.23	127,667.75	
08/15/19			6,000.00	6,836.14	
08/15/19			910.00	1,036.82	
08/15/19			28,665.50	32,660.24	
08/15/19			560,897.54	639,062.67	
08/20/19			472,770.22	538,314.13	
08/20/19			105,808.34	120,477.39	
08/20/19			25,482.00	29,014.77	
08/20/19			22,195.00	25,272.07	
08/20/19			15,612.04	17,776.46	
08/20/19			37,054.00	42,191.09	
08/20/19			290.00	330.21	
08/20/19			27,821.98	31,679.16	
08/27/19			20,073.35	22,836.08	
09/06/19			16,792.18	19,081.62	
09/11/19			190,321.92	216,133.77	
09/11/19			1,237.50	1,405.33	
09/11/19			49,958.16	56,733.59	
09/11/19			36,642.00	41,611.46	
09/11/19			1,042.50	1,183.89	
09/11/19			41,439.00	47,059.04	
09/11/19			326.50	370.78	
09/11/19			9,000.00	10,220.60	
09/16/19			382,121.84	433,672.04	
09/25/19			3,063.00	3,472.27	
09/25/19			2,911.60	3,300.64	
09/25/19			50,290.16	57,009.72	
09/25/19			38,056.19	43,141.10	
10/24/19			186,269.20	210,385.75	
10/24/19			319,260.24	360,595.34	
10/24/19			3,000.00	3,388.41	
10/24/19			3,000.00	3,388.41	
10/24/19			21,413.80	24,186.28	
10/29/19			11,769.80	13,285.26	
10/29/19			23,288.00	26,286.53	
10/29/19			1,120.00	1,264.21	
10/29/19			5,950.00	6,716.11	
10/29/19			3,000.00	3,386.28	
11/08/19			614,389.54	692,709.57	
11/13/19			3,000.00	3,380.29	
11/14/19			-2,030,000.00	-2,287,042.91	
11/15/19			860.00	968.77	
11/15/19			5,330.00	6,004.14	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
11/15/19	1,425.00	1,605.23	
11/15/19	590.00	664.62	
11/18/19	4,248.25	4,783.76	
11/18/19	99,379.30	111,906.37	
11/18/19	3,802.84	4,282.20	
11/18/19	956.54	1,077.11	
11/18/19	1,879.60	2,116.53	
11/18/19	11,050.00	12,442.89	
11/20/19	53,392.23	60,107.30	
11/20/19	9,509.30	10,705.27	
11/22/19	3,000.00	3,376.45	
11/26/19	2,824.00	3,176.76	
12/05/19	541,963.73	608,971.05	
12/05/19	5,672.50	6,373.84	
12/09/19	3,000.00	3,369.21	
12/12/19	1,120.00	1,257.36	
12/12/19	12,950.00	14,538.25	
12/12/19	13,752.60	15,439.29	
12/12/19	24,848.44	27,895.98	
12/17/19	2,747.50	3,082.52	
12/19/19	3,000.00	3,364.96	
12/31/19	10,945.28	12,259.76	
12/31/19	26,161.00	29,302.83	
01/14/20	3,000.00	3,354.35	
01/14/20	195.00	218.03	
01/14/20	2,679.99	2,996.54	
01/14/20	9,804.00	10,962.02	
01/14/20	893,068.06	998,554.65	
01/21/20	22,581.00	25,225.89	
01/22/20	2,308.60	2,578.68	
01/22/20	660.00	737.21	
01/22/20	3,000.00	3,350.96	
01/22/20	48,908.49	54,630.19	
01/22/20	17,695.45	19,765.60	
01/22/20	12,599.00	14,072.93	
01/22/20	15,355.00	17,151.35	
01/28/20	1,307.00	1,458.80	
01/28/20	4,426.00	4,940.04	
02/13/20	-660.00	-735.26	
02/25/20	679,483.94	755,818.70	
02/25/20	3,000.00	3,337.03	
02/28/20	122.96	136.72	
02/28/20	7,527.25	8,369.71	
02/28/20	71,742.59	79,772.08	
02/28/20	9,456.41	10,514.78	
02/28/20	105,535.00	117,346.57	
02/28/20	857.29	953.24	
02/28/20	979.50	1,089.13	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
02/28/20	3,531.00	3,926.19	
02/28/20	1,111,869.57	1,236,311.00	
02/28/20	6,000.00	6,671.53	
02/28/20	229,232.96	254,888.92	
03/12/20	3,000.00	3,329.87	
03/16/20	1,081.86	1,200.21	
03/18/20	26,030.24	28,870.55	
03/26/20	3,349.93	3,711.71	
03/26/20	34.25	37.95	
04/14/20	549,763.65	607,752.59	
04/14/20	3,000.00	3,316.44	
04/14/20	55,418.05	61,263.53	
04/14/20	51,030.00	56,412.63	
04/14/20	3,150.72	3,483.06	
04/14/20	259.36	286.72	
04/14/20	1,058.20	1,169.82	
05/14/20	33,028.00	36,373.71	
05/19/20	20,433.23	22,488.89	
05/19/20	771.00	848.57	
05/19/20	18,050.00	19,865.90	
05/19/20	4,774.00	5,254.28	
05/19/20	1,444.00	1,589.27	
05/19/20	900.00	990.54	
05/19/20	900.00	990.54	
05/19/20	6,000.00	6,603.62	
06/11/20	-449,231.27	-493,053.82	
06/12/20	384,117.76	421,535.24	
06/12/20	70,545.00	77,416.89	
07/22/20	-552,520.79	-603,287.23	
07/22/20	9,000.00	9,826.93	
07/22/20	56,863.96	62,088.71	
07/22/20	79,929.36	87,273.39	
07/22/20	9,834.00	10,737.56	
07/22/20	6,253.00	6,827.54	
07/22/20	390,966.65	426,889.25	
08/20/20	-852,951.61	-928,034.46	
08/21/20	754,820.36	821,161.29	
08/21/20	18,425.00	20,044.37	
08/21/20	17,346.26	18,870.82	
08/21/20	18,205.99	19,806.11	
08/21/20	41,154.00	44,771.01	
08/21/20	3,000.00	3,263.67	
09/08/20	-23,688.50	-25,715.20	
09/09/20	2,756.00	2,991.42	
09/09/20	1,031.00	1,119.07	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
09/09/20	18,900.00	20,514.43	
09/09/20	1,001.50	1,087.05	
06/28/22	TOTALS:	45,841.56	-104,983.89	

ISSUE DATE:	06/28/19	
REBATABLE ARBITRAGE:	
-104,983.89	
COMP DATE:	06/28/22	NET INCOME:	45,841.56	
BOND YIELD: 4.598748%	TAX INV YIELD:	1.508047%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
06/28/19	Beg Bal	-2,235,000.00	-2,561,624.00	
11/14/19	2,030,000.00	2,287,042.91	
04/27/20	15,177.88	16,751.31	
05/08/20	205,001.26	225,938.86	
06/28/22	TOTALS:	15,179.14	-31,890.92	

ISSUE DATE:	06/28/19	
REBATABLE ARBITRAGE:	
-31,890.92	
COMP DATE:	06/28/22	NET INCOME:	15,179.14	
BOND YIELD: 4.598748%	TAX INV YIELD:	1.600093%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)

06/28/19	Beg	Bal	-618,187.50	-708,529.73	
07/02/19			100.48	115.11	
08/02/19			1,018.87	1,162.76	
09/04/19			904.91	1,028.54	
10/02/19			859.31	973.27	
11/04/19			770.91	869.62	
12/03/19			658.39	739.98	
01/03/20			646.19	723.52	
02/04/20			627.78	700.16	
03/03/20			585.58	650.71	
04/02/20			254.95	282.27	
05/04/20			3.09	3.41	
05/05/20			12,672.85	13,972.47	
06/02/20			3.11	3.42	
06/04/20			1,395.94	1,533.47	
07/02/20			2.97	3.25	
08/03/20			3.08	3.36	
09/02/20			3.08	3.35	
09/21/20			956.21	1,036.32	
09/21/20			89,690.61	97,204.49	
10/02/20			2.82	3.05	
11/02/20			90,646.82	97,733.42	
11/03/20			2.62	2.82	
12/02/20			2.10	2.26	
12/31/20			-89,690.61	-95,996.68	
01/05/21			2.17	2.32	
02/02/21			2.61	2.78	
03/02/21			2.36	2.51	
04/02/21			2.61	2.76	
05/04/21			2.54	2.68	
06/02/21			2.61	2.74	
07/02/21			2.52	2.64	
08/02/21			1,553.18	1,618.46	
08/03/21			2.61	2.72	
09/02/21			2.61	2.71	
10/04/21			2.51	2.60	
11/02/21			2.60	2.68	
11/04/21			1,000.00	1,029.99	
11/04/21			1,970.64	2,029.75	
11/04/21			253,010.61	260,599.51	
12/02/21			1.39	1.43	
12/30/21			0.03	0.03	
01/04/22			1.30	1.33	
02/02/22			1.30	1.32	
03/02/22			1.17	1.19	
04/04/22			1.31	1.32	
05/02/22			962.50	969.33	
05/02/22			1.25	1.26	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
06/02/22	64.03	64.24	
06/28/22	MMkt Bal	254,018.75	254,018.75	
06/28/22	MMkt Acc	57.83	57.83	
06/28/22	TOTALS:	6,607.60	-65,350.50	

ISSUE DATE:	06/28/19	REBATABLE ARBITRAGE:	-65,350.50	
COMP DATE:	06/28/22	NET INCOME:	6,607.60	
BOND YIELD:	4.598748%	TAX INV YIELD:	0.448746%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)

06/28/19	Beg	Bal	-377,487.50	-432,653.71	
07/02/19			61.36	70.29	
08/02/19			622.16	710.03	
09/04/19			552.57	628.07	
10/02/19			524.73	594.32	
11/01/19			153,237.51	172,924.45	
11/04/19			470.74	531.02	
12/03/19			-3,502.07	-3,936.05	
12/03/19			238.83	268.43	
01/03/20			237.82	266.28	
02/04/20			231.29	257.96	
03/03/20			215.74	239.73	
04/02/20			93.93	104.00	
05/01/20			224,250.00	247,372.15	
05/04/20			1.14	1.26	
06/02/20			0.02	0.02	
07/02/20			0.02	0.02	
08/03/20			2,615.63	2,851.99	
08/04/20			0.02	0.02	
09/02/20			0.01	0.01	
11/02/20			-219,018.76	-236,141.24	
11/02/20			219,018.76	236,141.24	
02/01/21			290.63	309.85	
05/03/21			-185,229.20	-195,196.55	
05/03/21			185,825.00	195,824.41	
06/28/22	TOTALS:	3,250.38	-8,832.02	

ISSUE DATE:	
06/28/19	
REBATABLE ARBITRAGE:	
-8,832.02	
COMP DATE:	06/28/22	NET INCOME:	3,250.38	
BOND YIELD:	4.598748%	TAX INV YIELD:	1.337344%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
06/28/19	-218,725.00	-250,689.58	
06/28/19	63,000.00	72,206.85	
06/28/19	50,000.00	57,307.02	
06/28/19	30,000.00	34,384.21	
06/28/19	5,000.00	5,730.70	
07/05/19	5,375.00	6,155.06	
07/11/19	1,250.00	1,430.33	
09/27/19	60,897.88	69,017.37	
12/03/19	3,502.07	3,936.05	
06/28/22	TOTALS:	299.95	-521.98	

ISSUE DATE:	06/28/19	
REBATABLE ARBITRAGE:	
-521.98	
COMP DATE:	06/28/22	NET INCOME:	299.95	
BOND YIELD: 4.598748%	TAX INV YIELD:	1.807076%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.598748%)	
06/28/20	-1,760.00	-1,927.55	
06/28/21	-1,780.00	-1,862.80	
06/28/22	-1,830.00	-1,830.00	
06/28/22	TOTALS:	-5,370.00	-5,620.34	

ISSUE DATE:	06/28/19	REBATABLE ARBITRAGE: -5,620.34 COMP DATE:	06/28/22
BOND YIELD: 4.598748%

Section VII

SECTl-"ON·C

Chairs were stacked at the amenity and secured under the pavilion.
All debris was cleaned up that could potentially get picked up. Anything loose was put away and secured.
Site was inspected the day after Ian.
Overall the site experienced fencing damages and some leaning trees.
The landscaper secured the trees. Fencing was repaired and put back up.

Rhodine Road North CDD Field Management Report

Complete – Storm Prep and Clean-up

Additional Items

Complete - Barbwire Fence removal

Barbwire fence was removed from the perimeter fence line. Other debris and barbed wire was also removed. This allows the landscaper to clear these areas better and keep them cleared.

Site Item – Aquatic inspection

Overall aquatic maintenance is satisfactory.
Much of the algae from the last few months has subsided.
A few areas where the vendor is still managing blooms.

Site Item - Solar Light Install

Site Item – Amenity Pressure Washing

Some pool furniture and the amenity building could benefit from pressure washing and cleaning.
Scheduling this work.

Mailboxes may benefit from solar lighting as the nearest light is across the street.
2 Lights would be ideal mounted on posts.
Could be installed quickly.

Additional Items

Additional Items

RHODINE ROAD NORTH CDD | GMS 2022

4

Perimeter fencing cleanup has been started by removing the barbwire fence.
Having the landscapers tackle this slowly for budget purposes.

Perimeter Cleanup

Wind Erosion coming across the pond has caused some erosion. This has been exacerbated by the storms.
Erosion is not to the point of major concern but plantings could be added in the pond to prevent this from worsening. Some minor repairs may be needed.

Site Item - Pond Erosion

Some residents have requested dog stations. There are currently none on property and could be beneficial in some locations.
$420 per station installed.
$40 - $60 for the janitorial company to empty them.

Additional Items

Site Item – Dog Stations

Site Item – Playground Modifications

Some modifications required to the playground equipment.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-201-1514, or by email at csmith@gmscfl.com. Thank you.

Respectfully, Clayton Smith

SECTION 1

Contract Addendum - Pool Maintenance

Between:

Vendor:
Suncoast Pool Service
P.O. Box 224
Elfers. FL. 34680

Client:
Rhodine Road CDD 219 E. Livingston St Orlando Florida 32801

This addendum will take effect January 1, 2023 and represents an 18% increase to the current contract price. The new monthly amount will be $1,020 (one thousand and twenty dollars). The increase presented is to just cover the rising costs of chemicals which have increased twice within a 6 month period and labor.

Sconnerty		December 5, 2022	
Sean Connerty	Date

Rhodine Road CDD Signer	Date

Section D

SECTION 1

Rhodine Road North
Community  Development  District
Summary of Checks

July 7, 2022 to December 4, 2022

Bank	Date	Check No.'s	Amount	

General Fund	
7/7/22	
354-358	
$	11,113.16	
	7/13/22	359-362	$	7,180.80	
	7/21/22	363-372	$	11,745.14	
	7/28/22	373	$	50.00	
	8/3/22	374	$	3,490.84	
	8/9/22	375-378	$	5,834.88	
	8/15/22	379	$	5,430.38	
	8/17/22	380	$	14,316.35	
	8/22/22	381-384	$	9,971.14	
	9/2/22	385-386	$	1,290.00	
	9/8/22	387	$	865.00	
	9/19/22	388-393	$	26,387.33	
	9/26/22	394-395	$	7,607.50	
	10/6/22	396-397	$	1,352.50	
	10/14/22	398-399	$	1,371.01	
	10/25/22	400-403	$	12,889.90	
	11/3/22	404-405	$	1,252.50	
	11/17/22	406-408	$	7,621.39	
	11/23/22	409-410	$	793.50	
	12/2/22	411-412	$	8,007.08	
			$	138,570.40	
			$	138,570.40	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/07/22 00017	5/20/22 14155	202205 320-53800-46200	*	6,720.83
LANDSCAPE MAINT - MAY 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000354
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/07/22 00010	5/31/22 89	202204 320-53800-48000	*	197.16
GEN.MAINTENANCE MATERIALS
5/31/22 90	202204 320-53800-48000	*	949.67
GEN.MAINTENANCE MATERIALS
5/31/22 91	202205 320-53800-48000	*	240.00
GEN.MAINTENANCE MATERIALS
GOVERNMENTAL MANAGEMENT SERVICES	1,386.83 000355
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/07/22 00042	7/01/22 0084	202206 330-57200-48200	*	487.50
CLEANING SVC JUNE 2022
JNJ CLEANING SERVICES LLC	487.50 000356
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/07/22 00022	6/22/22 115036	202206 320-53800-47300	*	765.00
LAWN MAINTENANCE - JUN 22
REMSON AQUATICS	765.00 000357
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/07/22 00008	6/22/22 232015	202206 310-51300-48000	*	1,753.00
FY22-23 BUDGET ASSESSMENT
TIMES PUBLISHING COMPANY	1,753.00 000358
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/22 00017	7/07/22 14187	202207 320-53800-46300	*	400.00
TREE REMOVAL
CARDINAL LANDSCAPING SVCS OF TAMPA	400.00 000359
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/22 00010	7/01/22 92	202207 310-51300-34000	*	3,004.17
MANAGEMENT FEES - JUL 22
7/01/22 92	202207 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-JUL 22
7/01/22 92	202207 310-51300-35100	*	150.00
INFORMATION TECH - JUL 22
7/01/22 92	202207 310-51300-31300	*	500.00
DISSEMINATION SVCS-JUL 22
7/01/22 92	202207 330-57200-12000	*	416.67
AMENITY ACCESS - JUL 22
7/01/22 92	202207 310-51300-51000	*	1.23
OFFICE SUPPLIES
7/01/22 92	202207 310-51300-42000	*	21.73
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES	4,193.80 000360
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/22 00033	7/08/22 3118	202206 310-51300-31500	*	483.50
GEN.COUNSEL/MTHLY MEETING
KE LAW GROUP, PLLC	483.50 000361

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/13/22 00008	6/29/22 00002320 202207 310-51300-48000	*	350.50
FY 2023 BUDGET HEARING
6/30/22 00002320 202207 310-51300-48000	*	1,753.00
FY22-23 BUDGET ASSESSMENT
TIMES PUBLISHING COMPANY	2,103.50 000362
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00024	7/18/22 6169-07- 202207 310-51300-31200	*	450.00
ARBITRAGE-SER19
AMTEC	450.00 000363
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00031	7/14/22 BW071420 202207 310-51300-11000	*	200.00
SUPERVISOR FEE 07/14/22
BRIAN WALSH	200.00 000364
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00017	7/19/22 14218	202207 320-53800-46200	*	6,720.83
LANDSCAPE MAINT - JUL 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000365
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00034	7/14/22 GP071420 202207 310-51300-11000	*	200.00
SUPERVISOR FEE 07/14/22
GARRET PARKINSON	200.00 000366
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00010	7/01/22 93	202207 320-53800-12000	*	1,250.00
FIELD MANAGEMENT - JUL 22
7/01/22 93	202207 330-57200-48000	*	254.80
GEN MTHY MAINT MATERIALS
GOVERNMENTAL MANAGEMENT SERVICES	1,504.80 000367
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00038	7/14/22 JS071420 202207 310-51300-11000	*	200.00
SUPERVISOR FEE 07/14/22
JEFFREY SHENEFIELD	200.00 000368
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00026	7/14/22 MA071420 202207 310-51300-11000	*	200.00
SUPERVISOR FEE 07/14/22
MILTON ANDRADE	200.00 000369
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00011	7/14/22 PA071420 202207 310-51300-11000	*	200.00
SUPERVISOR FEE 07/14/22
PHILLIP ALLENDE	200.00 000370
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00040	7/02/22 8435	202207 330-53800-51000	*	865.00
POOL MAINTENANCE - JUL 22
SUNCOAST POOL SERVICE	865.00 000371
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/21/22 00027	7/21/22 07212022 202207 300-15500-10000	*	1,204.51
PLAYGRND/FUR LEASE-AUG 22
WHFS, LLC	1,204.51 000372

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/28/22 00041	5/11/22 18376	202205 320-53800-49000	*	50.00
BACKFLOW TEST 05/11/2022
AFFORDABLE BACKFLOW TESTING	50.00 000373
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/03/22 00043	7/27/22 102463	202207 330-57200-34500	*	3,490.84
INSTALL/PROGRAM CAMERA
CURRENT DEMANDS ELECTRICAL &	3,490.84 000374
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/09/22 00042	8/01/22 0094	202207 330-57200-48200	*	487.50
CLEANING SVC JULY 2022
JNJ CLEANING SERVICES LLC	487.50 000375
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/09/22 00022	8/01/22 115130	202207 320-53800-47300	*	765.00
LAWN MAINTENANCE - JUL 22
REMSON AQUATICS	765.00 000376
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/09/22 00040	8/01/22 8530	202208 330-53800-51000	*	865.00
POOL MAINTENANCE - AUG 22
SUNCOAST POOL SERVICE	865.00 000377
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/09/22 00023	7/25/22 6604414	202207 310-51300-32300	*	929.35
TRUSTEE FEES-SERIES 2019
7/25/22 6604414	202207 300-15500-10000	*	2,788.03

-	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	3,717.38
- - - - -	000378
- - -	
													*						3,004.17			

TRUSTEE FEES-SERIES 2019
U.S. BANK

8/15/22 00010	8/01/22	
	8/01/22	
	8/01/22	
	8/01/22	
	8/01/22	
	8/01/22	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
94	202208 310-51300-34000

	*	100.00		
	*	150.00			
	*	500.00			
	*	416.67			
	*	2.89			

MANAGEMENT FEES - AUG 22
94	202208 310-51300-35200
WEBSITE MANAGEMENT-AUG 22
94	202208 310-51300-35100
INFORMATION TECH - AUG 22
94	202208 310-51300-31300
DISSEMINATION SVCS-AUG 22
94	202208 330-57200-12000
AMENITY ACCESS - AUG 22
94	202208 310-51300-51000
OFFICE SUPPLIES
8/01/22 94	202208 310-51300-42000	*	6.65
POSTAGE
8/01/22 95	202208 320-53800-12000	*	1,250.00
FIELD MANAGEMENT - AUG 22
GOVERNMENTAL MANAGEMENT SERVICES	5,430.38 000379
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/17/22 00019	8/17/22 08172022 202208 300-20700-10000	*	14,316.35
DEBT SVC ASMNT-SERIES 19
RHODINE ROAD NORTH CDD C/O USBANK	14,316.35 000380

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/22/22 00017	8/16/22 14283	202208 320-53800-46200	*	6,720.83
LANDSCAPE MAINT - AUG 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000381
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/22/22 00010	6/30/22 96	202206 330-57200-48000	*	940.23
BUILT FRAME ADDED SIGNS
GOVERNMENTAL MANAGEMENT SERVICES	940.23 000382
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/22/22 00033	8/16/22 3872	202207 310-51300-31500	*	1,105.57
GEN.COUNSEL/MTHLY MEETING
KE LAW GROUP, PLLC	1,105.57 000383
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/22/22 00027	8/22/22 08222022 202208 300-15500-10000	*	1,204.51
PLAYGRND/FUR LEASE-SEP 22
WHFS, LLC	1,204.51 000384
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00042	9/01/22 0105	202208 330-57200-48200	*	525.00
CLEANING SVC AUG 2022
JNJ CLEANING SERVICES LLC	525.00 000385
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/02/22 00022	8/25/22 115216	202208 320-53800-47300	*	765.00
LAKE MAINTENANCE-AUG22
REMSON AQUATICS	765.00 000386
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/08/22 00040	9/06/22 8619	202209 330-53800-51000	*	865.00
POOL MAINTENANCE-SEP22
SUNCOAST POOL SERVICE	865.00 000387
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00041	9/14/22 18824	202209 330-57200-49000	*	50.00
BACKFLOW TEST 9/14/2022
AFFORDABLE BACKFLOW TESTING	50.00 000388
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00017	9/15/22 22865	202209 320-53800-46200	*	6,720.83
LANDSCAPE MAINT - SEP 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000389
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00009	9/12/22 16834	202209 300-15500-10000	*	12,904.00
FY23 INSURANCE POLICY
EGIS INSURANCE ADVISORS, LLC	12,904.00 000390
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00010	9/01/22 97	202209 310-51300-34000	*	3,004.17
MANAGEMENT FEES - SEP 22
9/01/22 97	202209 310-51300-35200	*	100.00
WEBSIT ADMIN - SEP 22
9/01/22 97	202209 310-51300-35100	*	150.00
INFORMATION TECG - SEP 22
RRNC RHODINE ROAD N KCOSTA

DATE	DATE	
	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	
	9/01/22	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
97	202209 310-51300-31300	*	500.00
DISSEMINATION SVCS SEP 22
97	202209 330-57200-12000	*	416.67
AMENITY ACCESS - SEP 22
97	202209 310-51300-51000	*	.72
OFFICE SUPPLIES
97	202209 310-51300-42000	*	67.42
POSTAGE
98	202209 320-53800-12000	*	1,250.00
FIELD MNGMNT - SEP 22
GOVERNMENTAL MANAGEMENT SERVICES	5,488.98 000391
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00033	9/09/22 4012	202209 310-51300-31500	*	19.00
GEN.COUNSEL/MTHLY MEETING
KE LAW GROUP, PLLC	19.00 000392
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/22 00027	9/14/22 09142022 202209 300-15500-10000	*	1,204.52
PLAYGRND/FUR LEASE OCT 22
WHFS, LLC	1,204.52 000393
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/22 00010	7/31/22 100	202209 330-57200-48000	*	185.00
AMENITY MAINT & REP-JUL22
8/31/22 101	202209 320-53800-48000	*	1,657.50
FIELD MAINT/REP - AUG 22
9/15/22 99	202209 300-15500-10000	*	5,000.00
ASSESSMENT CRTF - FY23
GOVERNMENTAL MANAGEMENT SERVICES	6,842.50 000394
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/26/22 00022	9/18/22 115236	202209 320-53800-47300	*	765.00
LAKE MAINTENANCE - SEP22
REMSON AQUATICS	765.00 000395
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/06/22 00042	9/30/22 0116	202209 330-57200-48200	*	487.50
CLEANING SERVICE SEPT 22
JNJ CLEANING SERVICES LLC	487.50 000396
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/06/22 00040 10/03/22 8698	202210 330-53800-51000	*	865.00
POOL MAINTENANCE OCT 22
SUNCOAST POOL SERVICE	865.00 000397
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/22 00033 10/04/22 4260	202209 310-51300-31500	*	166.50
GENERAL COUNSEL SEPT 22
KE LAW GROUP, PLLC	166.50 000398
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/22 00027 10/14/22 10142022 202210 300-15500-10000	*	1,204.51
PLAYGRND/FUR LEASE NOV 22
WHFS, LLC	1,204.51 000399
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RRNC RHODINE ROAD N KCOSTA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/25/22 00017 10/12/22 14266A	202210 320-53800-46200	*	6,720.83 LANDSCAPE MAINT OCT 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000400
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/22 00007 10/03/22 87346	202210 310-51300-54000	*	175.00
SPECIAL DISTRICT FEE FY23
DEPARTMENT OF ECONOMIC OPPURTUNITY	175.00 000401
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/22 00010 10/01/22 102	202210 310-51300-34000	*	3,062.50
MANAGEMENT FEES OCT 22
10/01/22 102	202210 310-51300-35200	*	100.00
WEBSITE ADMIN OCT 22
10/01/22 102	202210 310-51300-35100	*	150.00
INFORMATION TECH OCT 22
10/01/22 102	202210 310-51300-31300	*	500.00
DISSEMINATION SVC OCT 22
10/01/22 102	202210 330-57200-12000	*	416.67
AMENITY ACCESS OCT 22
10/01/22 102	202210 310-51300-51000	*	.42
OFFICE SUPPLIES OCT 22
10/01/22 102	202210 310-51300-42000	*	7.98
POSTAGE OCT 22
10/01/22 103	202210 320-53800-12000	*	1,312.50
FIELD MANAGEMENT OCT 22
GOVERNMENTAL MANAGEMENT SERVICES	5,550.07 000402
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/25/22 00008	9/28/22 00002480 202209 310-51300-48000	*	444.00
NOT FY23 DATES 9/28/22
TIMES PUBLISHING COMPANY	444.00 000403
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/03/22 00042 10/28/22 0128	202210 330-57200-48200	*	487.50
JANITORIAL SERVICE OCT 22
JNJ CLEANING SERVICES LLC	487.50 000404
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/03/22 00022 10/07/22 115386	202210 320-53800-47300	*	765.00
LAKE MAINTENANCE OCT 22
REMSON AQUATICS	765.00 000405
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/17/22 00010 11/01/22 104	202211 310-51300-34000	*	3,062.50
MANAGEMENT FEEES NOV 22
11/01/22 104	202211 310-51300-35200	*	100.00
WEBSITE ADMIN NOV 22
11/01/22 104	202211 310-51300-35100	*	150.00
INFORMATION TECH NOV 22
11/01/22 104	202211 310-51300-31300	*	500.00
DISSEMINATION SVC NOV 22
RRNC RHODINE ROAD N KCOSTA

DATE	DATE	
	11/01/22	
	11/01/22	
	11/01/22	
	11/01/22	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
104	202211 330-57200-12000	*	416.67
AMENITY ACCESS NOV 22
104	202211 310-51300-51000	*	.51
OFFICE SUPPLIES NOV 22
104	202211 310-51300-42000	*	9.69
POSTAGE NOV 22
105	202211 320-53800-12000	*	1,312.50
FIELD MANAGEMENT NOV 22
GOVERNMENTAL MANAGEMENT SERVICES	5,551.87 000406
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/17/22 00040 11/01/22 8784	202211 330-53800-51000	*	865.00
POOL MAINTENANCE NOV 22
SUNCOAST POOL SERVICE	865.00 000407
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/17/22 00027 11/15/22 11152022 202211 300-15500-10000	*	1,204.52
PLYGRND/FUR LEASE DEC 22
WHFS, LLC	1,204.52 000408
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/23/22 00033 11/10/22 4768	202210 310-51300-31500	*	28.50
GENERAL COUNSEL OCT 22
KE LAW GROUP, PLLC	28.50 000409
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/23/22 00022 11/10/22 115482	202211 320-53800-47300	*	765.00
LAKE MAINTENANCE NOV 22
REMSON AQUATICS	765.00 000410
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/02/22 00017 11/17/22 15350	202211 320-53800-46200	*	6,720.83
LANDSCAPE MAINT OCT 22
CARDINAL LANDSCAPING SVCS OF TAMPA	6,720.83 000411
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/02/22 00010 10/31/22 106	202210 320-53800-49000	*	1,286.25
GENERAL MAINT OCT 22
GOVERNMENTAL MANAGEMENT SERVICES	1,286.25 000412
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	138,570.40
TOTAL FOR REGISTER	138,570.40

RRNC RHODINE ROAD N KCOSTA

SECTION 2	-

Rhodine Road North
Community Development District

Unaudited Financial Reporting
October 31, 2022

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2019	

5	
	Debt Service Fund Series 2022	

6	
	Capital Projects Fund Series 2019	

7	
	Capital Projects Fund Series 2022	

8-9	
	Month to Month	

10	
	Long Term Debt Report	

Combined Balance Sheet October 31, 2022

	General Fund	Debt Service Fund	Capital Projects Fund	Totals Governmental Funds	
Assets:
Cash:
Operating Account	

$	156,736	$	

-	$	

-	

$	156,736	
Capital Projects Account
Investments:	$	-	$	-	$	8,975	$	8,975	
Series 2019 Reserve	
$	-	
$	253,713	
$	-	
$	253,713	
Revenue	$	-	$	221,754	$	-	$	221,754	
Prepayment	$	-	$	661	$	-	$	661	
Construction Series 2022
Reserve	$	-

$	-	$	-

$	130,110	$	0

$	-	$	0

$	130,110	
Revenue	$	-	$	1,084	$	-	$	1,084	
Interest	$	-	$	82,341	$	-	$	82,341	
Construction	$	-	$	-	$	69	$	69	
Due from General Fund	$	-	$	4,073	$	-	$	4,073	
Prepaid Expenses	$	1,205	$	-	$	-	$	1,205	
Total Assets	$	157,940	$	693,735	$	9,044	$	860,719	
Liabilities:					
Accounts Payable	$	1,281	$	-	$	-	$	1,281	
Contracts Payable	$	-	$	-	$	7,975	$	7,975	
Due to Debt Service	$	4,073	$	-	$	-	$	4,073	
Total Liabilites	$	5,354	$	-	$	7,975	$	13,329	
Fund Balance:
Nonspendable:
Prepaid Items	$	1,205	

$	

-	$	-	

$	1,205	
Restricted for:
Debt Service - Series 2019	
$	
-	$	480,201	$	-	
$	480,201	
Debt Service - Series 2022		$	213,535	$	213,535	
Capital Projects - Series 2019	$	-	$	-	$	1,000	$	1,000	
Capital Projects - Series 2022	$	-	$	-	$	69	$	69	
Unassigned	$	151,382	$	-	$	-	$	151,382	
Total Fund Balances	$	152,586	$	693,735	$	1,069	$	847,390	
					
Total Liabilities & Fund Balance	$	157,940	$	693,735	$	9,044	$	860,719	

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/22	Thru 10/31/22	Variance	

Revenues:		
Assessments - Tax Roll	$	337,517	$	-	$	-	$	-	
Assessments - Direct Bill	$	162,446	$	-	$	40,611	$	40,611	
Total Revenues	$	499,963	$	-	$	40,611	$	40,611	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	1,000	$	-	$	1,000	
Engineering	$	20,000	$	1,667	$	-	$	1,667	
Attorney	$	30,000	$	2,500	$	29	$	2,472	
Annual Audit	$	6,100	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	900	$	-	$	-	$	-	
Dissemination	$	6,750	$	500	$	500	$	-	
Trustee Fees	$	7,100	$	2,788	$	2,788	$	-	
Management Fees	$	36,750	$	3,063	$	3,063	$	-	
Information Technology	$	1,800	$	150	$	150	$	-	
Website Maintenance	$	1,200	$	100	$	100	$	-	
Postage & Delivery	$	1,000	$	83	$	8	$	75	
Insurance	$	6,684	$	6,684	$	5,988	$	696	
Printing & Binding	$	1,000	$	83	$	-	$	83	
Legal Advertising	$	5,000	$	417	$	-	$	417	
Other Current Charges	$	3,000	$	250	$	39	$	211	
Office Supplies	$	625	$	52	$	0	$	52	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	145,084	$	24,512	$	17,839	$	6,673	

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/22	Thru 10/31/22	Variance	

Operations & Maintenance		
Field Expenditures
Property Insurance	

$	12,000	

$	12,000	

$	6,916	

$	5,084	
Field Management	$	15,750	$	1,313	$	1,313	$	-	
Landscape Maintenance	$	92,650	$	7,721	$	6,721	$	1,000	
Landscape Replacement	$	18,500	$	1,542	$	-	$	1,542	
Lake Maintenance	$	12,180	$	1,015	$	765	$	250	
Streetlights	$	46,800	$	3,900	$	2,889	$	1,011	
Electric	$	3,000	$	250	$	45	$	205	
Water & Sewer	$	3,300	$	275	$	56	$	219	
Irrigation Repairs	$	5,000	$	417	$	-	$	417	
General Repairs & Maintenance	$	10,000	$	833	$	-	$	833	
Contingency	$	6,500	$	542	$	-	$	542	
Subtotal Field Expenditures	$	225,680	$	29,807	$	18,704	$	11,103	

Amenity Expenditures
Amenity - Electric	

$	5,400	

$	450	

$	816	

$	(366)	
Amenity - Water	$	3,500	$	292	$	97	$	195	
Internet	$	1,000	$	83	$	56	$	27	
Playground/Furniture Lease	$	14,454	$	1,205	$	1,205	$	(0)	
Pest Control	$	720	$	60	$	-	$	60	
Janitorial Services	$	5,850	$	488	$	488	$	-	
Security Services	$	26,395	$	2,200	$	-	$	2,200	
Pool Maintenance	$	10,380	$	865	$	865	$	-	
Amenity Access Management	$	5,000	$	417	$	417	$	(0)	
Amenity Repairs & Maintenance	$	10,000	$	833	$	-	$	833	
Contingency	$	6,500	$	542	$	-	$	542	
Subtotal Amenity Expenditures	$	89,199	$	7,433	$	3,942	$	3,491	
					
Total Operations & Maintenance	$	314,879	$	37,240	$	22,647	$	14,593	
					
Total Expenditures	$	459,963	$	61,752	$	40,486	$	21,266	
					
Excess (Deficiency) of Revenues over Expenditures	$	40,000		$	126		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(40,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(40,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	126		
					
Fund Balance - Beginning	$	-		$	152,460		
					
Fund Balance - Ending	$	-		$	152,586		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/22	Thru 10/31/22	Variance	

Revenues:				
Assessments - Tax Roll	$	507,737	$	-	$	-	$	-	
Interest	$	-	$	-	$	822	$	822	
Total Revenues	$	507,737	$	-	$	822	$	822	

Expenditures:				
Interest - 11/1	$	179,156	$	-	$	-	$	-	
Principal - 5/1	$	150,000	$	-	$	-	$	-	
Interest - 5/1	$	179,156	$	-	$	-	$	-	
Total Expenditures	$	508,313	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	(575)	$	822		
				
Fund Balance - Beginning	$	218,256	$	479,379		
				
Fund Balance - Ending	$	217,680	$	480,201		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/22	Thru 10/31/22	Variance	

Revenues:				
Assessments - Tax Roll	$	260,220	$	-	$	-	$	-	
Interest	$	-	$	-	$	369	$	369	
Total Revenues	$	260,220	$	-	$	369	$	369	

Expenditures:				
Interest - 11/1	$	82,063	$	-	$	-	$	-	
Principal - 5/1	$	95,000	$	-	$	-	$	-	
Interest - 5/1	$	82,063	$	-	$	-	$	-	
Total Expenditures	$	259,125	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	1,095	$	369		
				
Fund Balance - Beginning	$	82,063	$	213,166		
				
Fund Balance - Ending	$	83,158	$	213,535		

Revenues

Interest	

$	

-	$	

-	$	-	

$	

-	
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-			
						
Fund Balance - Beginning	$	-	$	1,000			
						
Fund Balance - Ending	$	-	$	1,000			

Revenues

Interest	

$	

-	$	

-	$	0	

$	0	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0		
					
Fund Balance - Beginning	$	-	$	68		
					
Fund Balance - Ending	$	-	$	69		

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

Revenues:

Assessments - Tax Roll	$	-	$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	
Assessments - Direct Bill	$	40,611  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	40,611	
Boundary Amendment Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Other Income	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Total Revenues	$	40,611  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	40,611	

Expenditures:		
General & Administrative:		
Supervisor Fees	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	29	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	29	
Annual Audit	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,000	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,000	
Arbitrage	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	500	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	500	
Trustee Fees	$	2,788	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,788	
Management Fees	$	3,063	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,063	
Information Technology	$	150	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	150	
Website Maintenance	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	100	
Postage & Delivery	$	8	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8	
Insurance	$	5,988	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,988	
Printing & Binding	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Advertising	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Other Current Charges	$	39	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	39	
Office Supplies	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	0	
Dues, Licenses & Subscriptions	$	175	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	17,839	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	17,839	

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

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Lake Maintenance Streetlights
Electric
Water & Sewer Irrigation Repairs
General Repairs & Maintenance Contingency

$	6,916  $
$	1,313  $
$	6,721  $
$	-  $
$	765  $
$	2,889  $
$	45  $
$	56  $
$	-  $
$	-  $
$	-  $

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

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

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

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

-  $	6,916
-  $	1,313
-  $	6,721
-  $	-
-  $	765
-  $	2,889
-  $	45
-  $	56
-  $	-
-  $	-
-  $	-

Subtotal Field Expenditures	$	18,704  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	18,704

Amenity Expenditures Amenity - Electric Amenity - Water Internet
Playground/Furniture Lease Pest Control
Janitorial Services Security Services Pool Maintenance
Amenity Access Management Amenity Repairs & Maintenance Contingency

$	816  $
$	97  $
$	56  $
$	1,205  $
$	-  $
$	488  $
$	-  $
$	865  $
$	417  $
$	-  $
$	-  $

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

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

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

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

-  $	816
-  $	97
-  $	56
-  $	1,205
-  $	-
-  $	488
-  $	-
-  $	865
-  $	417
-  $	-
-  $	-

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	126  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	126

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

Excess (Deficiency) of Revenues over Expenditures	$	126  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	126

Total Expenditures	$	40,486  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	40,486

Total Operations & Maintenance	$	22,647  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	22,647

Subtotal Amenity Expenditures	$	3,942  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,942

Rhodine Road North
Community Development District Long Term Debt Report

Series 2019, Special Assessment Revenue Bonds	
Interest Rate:	3.500%, 4.000%, 4.500%, 4.750%	
Maturity Date:	5/1/2050	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$253,713	
Reserve Fund Balance	$253,713	
Bonds Outstanding - 6/28/19	$10,000,000	
Less: Special Call - 11/1/20	($1,455,000)	
Less: Special Call - 2/1/21	($25,000)	
Less: Principal Payment - 5/1/21	($140,000)	
Less: Special Call - 5/1/21	($25,000)	
Less Special Call - 8/1/21	($15,000)	
Less Special Call - 2/1/22	($30,000)	
Less: Principal Payment - 5/1/22	($145,000)	
Less: Special Call - 5/1/22	($5,000)	
Current Bonds Outstanding	$8,160,000	

Series 2022, Special Assessment Revenue Bonds	
Interest Rate:	2.600%, 3.000%, 3.300%, 4.000%	
Maturity Date:	5/1/2052	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$130,110	
Reserve Fund Balance	$130,110	
Bonds Outstanding - 1/25/22	$4,680,000	
Current Bonds Outstanding	$4,680,000