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05/22/2015 Agenda Port of the Islands Community Improvement District Board of Supervisors J.Anthony Davis,Chairman Calvin Teague,District Manager Norine Dillon,Vice Chairperson Daniel Cox,District Counsel Dale Lambert,Assistant Secretary Ronald Benson,District Engineer Theodore Bissell,Assistant Secretary Richard Ziko,Assistant Secretary Regular Meeting Agenda Friday,May 22,2015— 10:00 a.m. 1. Call to Order and Roll Call V A 2. Approval of the Minutes of the April 17,2015 Meeting 3. Public Comment on Agenda Items By_so J_ 4. Old Business � A. Review of Landscape Maintenance Performance i. Union Road Irrigation Extension ii. Entrance Lighting Fixtures iii. Discussion of Letter from Resident 5. New Business 6. District Manager's Report A. Approval of the April 30,2015 Financial Statements and Check Register B. Report on Number of Registered Voters—482 C. Distribution of the Proposed Budget for Fiscal Year 2016 and Consideration of Resolution 2015-3 Approving the Budget and Setting the Public Hearing D. Discussion of Follow-Up Items 7. Field Manager's Report A. Discussion of May 2015 Field Manager's Report B. Discussion of Water Emergency Community Notification Procedures 8. Attorney's Report A. Update on Hotel Bankruptcy Lawsuit 9. Engineer's Report 10. Supervisors' Requests 11. Public Comment Period 12. Closed Attorney/client Session(Supervisors and Attorney Only) A. Call to Order and Roll Call B. Commencement of Attorney/Client Session C. Adjournment of Attorney/Client Session 13. Adjournment The next meeting is scheduled for Friday,June 19,2015 at 10:00 a.m. District Office: Meeting Location: Severn Trent Services,Inc. Orchid Cove Clubhouse 5911 Country Lakes Drive 25005 Peacock Lane Fort Myers,Florida 33905 Naples,Florida 34114 239-245-7118 http://poicid.corn/ 239-430-0806 Teague, Calvin From: Claire Campbell <info @sotolawn.com> Sent: Tuesday, May 19, 2015 9:22 AM To: 'Dillon Norine'; Edge, Robert;tbissell @embarqmail.com;Teague,Calvin; rcziko @embarqmail.com;dalelambert@embargmail.com; 'Anthony Davis' Subject: POI Notes May 2015 Walk through performed on May 18th with Robert Soto and Norine Dillon. • Overall inspection of property was well • Irrigation at Union Road median has been installed v. • Grass coming back well, will provide quote to resod and add landscaping at Union Road to Orchid Cove median to beautify • Robert will attend meeting on Friday 05/22. Thank you, Claire , SOW'S IL141 Lawn Service Inc. /,*4,414 2830 35th Avenue NE Naples,FL 34120 Sotolawn.com Phone:(239)354-1080 Fax:(239)354-1045 Contact us: Claire info @sotolawn.com(Office) Robert robert@sotolawn.com Scott scott@sotolawn.com Donna donna@sotolawn.com Lila lila@sotolawn.com (irrigation) 1 Agenda Page 15 JEAN M. HUNT 25081 PEACOCK LANE -- #101 NAPLES, FL 34114 2 May 2015 Community Improvement District Port of the Islands,Naples,FL Dear Committee Members: It has been about 8 years since the initial closings on the condominium units of Orchid Cove. I am writing this to you as an original homeowner/resident of the Orchid Cove Condominiums.Our community has worked diligently to upkeep our resources and the environment of our community sparing no expense when it comes to retaining the beauty and welcoming appearance to our home sites. To this point in time there has been little or no concentration on the landscape appearance of Union Road which provides the entrance to our community. While in the process of preparing this correspondence,I just noticed markers on Union Road that apparently is for some work to be accomplished in that area. Thank you for that However,before you can even enter Orchid Cove one must travel down Union Road which looks like nothing more than an abandoned swamp area. There are dead palm fronds hanging and/or falling from the palms in the middle island and elsewhere. Greenery is non-existent in the middle island of the roadway,not to mention the right side of the roadway. It is not only unpleasant to look at but does not add to the value of our properties,but rather detracts from our community property values. When comparing this area to the properties and roadways on the west side of Rte 41,it appears that maintenance and/or interest in Orchid Cove is non-existent. It is difficult enough to market our properties adjacent to the north hotel property,but to not have a welcoming appearance to the roadway leading from Rte 41 detracts from the interest that potential buyers or homeowners would have in our area. Often our Board is questioned by potential clients,as well as our guests,regarding the lack of landscaping and/or beautification along Union Road. I am sure that this has been not purposefully overlooked and merely represents an oversight in the installation and/or maintenance of our entry roadway due to the previous status of the developer. However,since the developer is long gone it would appear that Orchid Cove is more than overdue for some eye-appealing and pleasant landscaping on Union Road at least to the entrance of Orchid Cove,if not,past it travelling the existing distance past the entry. Also,it is noticed that the center island of 41 at the south end is in poor condition and almost suggests that the"maintenance"stops there. Rather unusual. Agenda Page 16 JEAN M. HUNT 25081 PEACOCK LANE -- #101 NAPLES, FL 34114 It is important to note that Orchid Cove has contributed a generous amount of tax revenue to the CID over the years since its inception,and for which it appears we have received little or no effort or support for this community other than the water company. Spraying for bugs is also non-existent. We are all aware of the serious health dangers that exist and spread due to an uncontrolled mosquito population,but there does not seem to be a schedule for routine spraying of our area or any other controls put in place with regard to this health risk. Lastly,if something could be done to improve the lighting along Union Road and replace or repaint the neighborhood watch sign,_that would also be a plus for us. Although I have not personally been able to attend your meetings,I do review the minutes that are posted on line searching for some information relevant to Orchid Cove. I don't seem to find much if anything at all. I,along with my neighbors,would sincerely appreciate your attention to these issues and would be pleased to see an effort on your part to assist in these endeavors. If there is anything we can do to assist along these lines,please provide your suggestions. If any of the issues mentioned above are not within your scope of responsibility,please direct me (us)to the appropriate party. Thanking you for your considerations,I remain, Respectfully yours, Jean M.Hunt (239)289-0059 (908)294-2335 Port of the Islands Community Improvement District Financial Report April30, 2015 Prepared by SEVERN TRENT SI.NV Il.LS PORT OF THE ISLANDS Community Improvement District Table of Contents FINANCIAL STATEMENTS Balance Sheet-All Funds Page 1 -2 General Fund Statement of Revenues,Expenditures and Changes in Fund Balance ..... Page 3 Trend Report Page 4 Enterprise Fund Statement of Revenues, Expenditures and Changes in Fund Balance............... Page 5-6 Trend Report Page 7 SUPPORTING SCHEDULES Check Register Page 8-10 Special Assessments-Collection Schedule Page 11 Construction Schedule Page 12-14 CIP Status Report Page 15-16 Cash Flow Projections Page 17-18 PORT OF THE ISLANDS Community Improvement District Governmental and Enterprise Funds Balance Sheet April 30,2015 GENERAL WATER AND ACCOUNT DESCRIPTION FUND SEWER FUND TOTAL FUND BALANCES/NET ASSETS Fund Balances Assigned to: Operating Reserves 103,881 - 103,881 Unassigned: 841,451 - 841,451 Net Assets Invested in capital assets, net of related debt - 7,809,569 7,809,569 Unrestricted/Unreserved - 265,926 265,926 TOTAL FUND BALANCES/NET ASSETS $ 945,332 $ 8,075,495 $ 9,020,827 TOTAL LIABILITIES&FUND BALANCES/NET ASSETS $ 946,757 $ 11,991,735 $ 12,938,492 Report Date:5/8/2015 2 PORT OF THE ISLANDS Community Improvement District General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending April 30,2015 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF APR-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest-Investments $ 2,153 $ 1,256 $ 1,052 $ (204) 48.86% $ - Interest-Tax Collector - - 22 22 0.00% - Special Assmnts-Tax Collector 430,597 430,597 315,760 (114,837) 73.33% 8,704 Special Assmnts-Discounts (17,224) (17,224) (9,836) 7,388 57.11% - Other Miscellaneous Revenues - - 1,870 1,870 0.00% - TOTAL REVENUES 415,526 414,629 308,868 (105,761) 74.33% 8,704 EXPENDITURES , Administration P/R-Board of Supervisors 7,000 4,000 3,300 700 47.14% 400 FICA Taxes 536 312 252 60 47.01% 31 ProfServ-Engineering 26,000 15,167 5,128 10,039 19.12% SUO ProfServ-Legal Services 14,000 8,167 7,237 930 51.69% 1,237 ProfServ-Mgmt Consulting Sery 30,092 17.554 17,554 - 58.33% 2,508 ProfServ-Property Appraiser 6,459 6,459 8,460 (1) 100.02% ProfServ-Special Assessment 9,806 9,806 9,806 - 100.00% Auditing Services 3,500 3,500 3,500 - 100.00% 3,500 Postage and Freight 1,200 700 190 510 15.83% 32 Rental-Meeting Room 350 200 175 25 50.00% 25 Insurance-General Liability 8,786 6,590 6,411 179 72.97% 2,339 Printing and Binding 1,300 758 162 596 12.46% 18 Legal Advertising 1,000 583 328 255 32.80% 166 Miscellaneous Services 1,380 805 419 386 30.36% 81 Misc-Assessmnt Collection Cost 8,612 8,612 5,944 2,668 69.02% - Misc-Web Hosting 1,000 583 496 87 49.60% 71 Office Supplies 500 292 14 278 2.80% - Annual District Filing Fee 175 175 175 - 100.00% - Total Administration 121,898 84,283 87,551 18,712 55.51% 10,908 Field Contracts-Mgmt Services 100,000 58,333 58,333 - 58.33% 8,333 Contracts-Landscape 82,830 48,318 48,317 1 58.33% 6,902 Electricity-Streetlighting 19,000 11,083 8,676 2,405 45.67% 1,241 Utility-Irrigation 17,000 9,919 8,925 994 52.50% 1,282 R&M-Renewal and Replacement 70,000 40,833 840 39,993 1.20% - R&M-Roads&Alleyways 4,000 2,333 19,000 (16,667) 475.00% - R&M-Signage 1,000 583 84 499 8.40% Total Field 293,830 171,402 144,177 27,225 49.07% 17,758 !TOTAL EXPENDITURES 415,526 256,865 211,728 43,937 50.95% 28,666 Excess(deficiency)of revenues Over(under)expenditures - 158,964 97,140 (61,824) 0.00% (19,962) Net change in fund balance $ - $ 158,964 $ 97,140 $ (61,824) 0.00% $ (19,9621 FUND BALANCE,BEGINNING(OCT 1,2014) 848,192 848,192 848,192 FUND BALANCE,ENDING $ 848,192 $ 1,007,156 $ 945,332 Report Date:5/11/2015 3 PORT OF THE ISLANDS Community Improvement District Trend Report-General Fund Statement of Revenues,Expenditures and Changes in Fund Balances For the Period Ending April 30,2015 TOTAL Oct Nov Dec Jan Feb Mar Apr Actual Thru Adopted Account Description Actual Actual Actual Actual Actual Actual Actual 413012015 Budget I Revenues Interest-Investments $ 163 $ 134 $ 136 $ 165 $ 208 $ 248 $ - S 1052 $ 2,153 Special Assmnts-Tax Collector 3,831 116,349 110,898 19,827 8,593 47,557 8,704 315:760 430,597 Special Assmnts-Discounts (201) (4,647) (4,314) (528) (128) (19) - (9,836) (17,224) Total Revenues 3,793 111,838 108,590 19,464 8,695 47,786 8,704 308,866 415,528 Expenditures Administrative PIR-Board of Supervisors 400 600 500 500 400 500 400 3,300 7,000 FICA Taxes 31 46 38 38 31 38 31 252 536 PrcfServ-Engineering - 1,500 419 1,536 356 817 500 5,128 26,000 ProfServ-Legal Services - 2,213 48 2,690 709 341 1,237 7,237 14,000 ProfServ-Mgmt Consulting Sery 2,508 2,508 2,508 2,508 2,508 2,508 2,508 17,554 30,092 ProfServ-Property Appraiser 4,758 - - - 1,702 - - 6,480 6,459 ProfServ-Special Assessment - - 9,806 - - - - 9,806 9,806 Auditing Services - - - - - - 3,500 3,500 3,500 Postage and Freight 12 83 31 7 13 12 32 190 1,200 Rental-Meeting Room 25 25 25 25 25 25 25 175 350 Insurance-General Liability 2,036 - - 2,036 - - 2,339 6,411 8,786 Printing and Binding 31 - 52 25 17 18 18 162 1,300 Legal Advertising 162 - - - - 166 328 1,000 Miscellaneous Services 122 83 72 1 16 45 81 419 1,380 Misc-Assessmnt Collection Cost 73 2,234 2,132 386 169 951 - 5,944 8,612 Misc-Web Hosting 71 71 71 71 71 71 71 496 1,000 Office Supplies - - - - - 14 - 14 500 Annual District Filing Fee 175 - - - • - - 175 175 Total Administrative 10,404 9,363 18702 9,823 6,017 8340 10.908 67,551 121,696 Field Contracts-Mgmt Services 8,333 8,333 8,333 8,333 8,333 8,333 8,333 58,333 100,000 Contracts-Landscape 6,902 6,902 6,902 6,902 6,902 6,902 6,902 48,317 82,830 Electricity-Streetlighting 1,272 1,273 1,273 1,263 1,262 1,094 1,241 8,678 19,000 Utility-Inigation 1205 1,156 917 1,552 1,419 1,395 1,282 8,925 17,000 R&M-Renewal and Replacement 350 - (360) 850 - - - 840 70,000 R&M-Roads&Alleyways - - - - 19,000 - - 19,000 4,000 R&M-Signage - - - - - 84 - 84 1,000 Total Field 18,062 17,664 17,065 18,900 36,916 17,808 17,758 144,177 293,830 Total Expenditures 28,468 27,027 3Z787 28,723 42,933 23,148 28 666 211,728 415,526 Excess(deficiency)of revenues Over(under)expenditures $ (24,673) $ 84,809 $ 75,823 $ (9,259) S (34,238) $ 24,638 $ (19,962) 97,140 - FUND BALANCE,BEGINNING(OCT 1,2014) 848,192 848,192 FUND BALANCE,ENDING $ 945,332_$ 848,192 Report Date:5/8/2015 4 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Statement of Revenues,Expenses and Changes in Net Assets For the Period Ending April 30,2015 ANNUAL VTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF APR-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL OPERATING REVENUES Interest-Investments $ 285 $ 166 $ 92 $ (74) 32.28% $ - Water Revenue 53,700 31,325 32,211 886 59.98% 5,719 Sewer Revenue 81,200 47,367 47,011 (356) 57.90% 8,581 Irrigation Fees 110,900 64692 65,297 605 58.88% 10,866 Special Assmnts-Tax Collector 1,139,500 1,139,500 794,646 (344,854) 69.74% 21,906 Special Assmnts Discounts (45,580) (45,580) (24,754) 20,828 54.31% - Other Miscellaneous Revenues - - 2,446 2,446 0.00% 325 TOTAL OPERATING REVENUES 1,340,005 1,237,470 916,949 (320,521) 68.43% 47,397 OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 7,000 4,000 3,300 700 47.14% 400 FICA Taxes 538 312 252 60 47.01% 31 ProfServ-Engineering 26,000 15,167 5,128 10,039 19.72% 500 ProtServ-Legal Services 14,000 8,167 7,237 930 51.69% 1,237 ProtServ-Mgmt Consulting Sery 30,216 17,626 17,626 - 56.33% 2,518 ProtServ-Property Appraiser 17,093 17,093 17,096 (3) 100.02% - ProtServ-Special Assessment 8,366 8,366 8,366 - 100.00% - Auditing Services 3,500 3,500 3,500 - 100.00% 3,500 Postage and Freight 1,200 700 549 151 45.75% 41 Rental-Meeting Room 350 200 175 25 50.00% 25 Insurance-General Liability 8,786 6,590 6,411 179 72.97% 2,339 Printing and Birthing 1,300 758 162 596 12.46% 18 Legal Advertising 1,000 583 328 255 32.80% 166 Miscellaneous Services 2,600 1,517 1,176 341 45.23% 279 Misc-Assessmnt Collection Cost 22,790 22,790 14.960 7,830 65.64% - Office Supplies 500 292 14 278 2.80% - Total Personnel and Administration 145,237 107,661 86,280 21,381 59.41% 11,054 Water-Sewer Comb Services Contracts-Mgmt Services 309,533 180,561 180,561 - 58.33% 25,794 Contracts-Generator Maint 1,750 - 2,301 (2,301) 131.49% 1,750 Communication-Teleph-Field 4,512 2,632 2,572 60 57.00% 332 Utility -General 87,000 50,750 49,587 1,163 57.00% 7,687 R&M-Irrigation 35,000 20,417 4,480 15,937 12.80% 2,098 R&M-Lift Station - - 114 (114) 0.00% 5 R&M-Potable Water Lines - - 4,331 (4,331) 0.00% - R&M-Water Plant 20,000 11,667 13,076 (1,409) 65.38% 485 R&M-Waste Water Plant 15,000 8,750 1,166 7,584 7.77% 4,584 R&M-Sewer Lines - - 3,315 (3,315) 0.00% 2,043 R&M-Backflow Inspection - - 240 (240) 0.00% - Misc-Licenses&Permits 7,375 6,375 - 6,375 0.00% - Cap Outlay-Waste Water Plant 50,796 29,631 102,040 (72,409) 200.88% 83,278 Total Water-Sewer Comb Services 530,966 310,783 363,783 (53,000) 68.51% 128,052 Report Date:5/11/2015 5 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Statement of Revenues, Expenses and Changes in Net Assets For the Period Ending April 30,2015 ANNUAL YTO ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF APR-15 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL Debt Service Principal Debt Retirement 532,827 - - - 0.00% - Interest Expense 122,533 61,267 10,211 51,056 8.33% - Total Debt Service 655,360 61,267 10,211 51,056 1.56% - TOTAL OPERATING EXPENSES 1,331,563 479,711 460,274 19,437 34.57% 139,106 Uperating income(loss) 8,442 757,759 456,675 (301,084) 5409.56% (91,709) Change in net assets $ 8,442 $ 757,759 $ 456,675 $ (301,084) 5409.56% $ (91,709) TOTAL NET ASSETS,BEGINNING(OCT 1,2014) 7,618,820 7,618,820 7,618,820 TOTAL NET ASSETS,ENDING $ 7,627,262 $ 8,376,579 $ 8,075,495 Report Date:5/11/2015 6 PORT OF THE ISLANDS Community Improvement District Trend Report-Water And Sewer Fund Statement of Revenues,Expenses and Changes In Net Assets For the Period Ending April 30,2015 TOTAL I ' Oct Nov Dec Jan Feb Mar Apr Actual Thru Adopted Account Description Actual Actual Actual Actual Actual Actual Actual 4130/2015 Budget Operating Revenues Interest-Investments $ 16 $ 15 $ 16 $ 16 $ 13 $ 14 $ - $ 92 $ 285 Water Revenue 2,875 3,640 3,914 5,375 5,409 5,279 5,719 32,211 53,700 Sewer Revenue 4,255 5,145 5,471 7,727 7,920 7,912 8,581 47,011 81,200 Irrigation Fees 6,581 7,944 8,768 10,414 10,527 10,198 10,866 65,297 110,900 Special Assmnts-Tax Collector 9,642 292606 279,088 49,897 21,626 119,682 21906 794,646 1,139,500 Special Assmnts-Discounts (506) (11694) (10,856) (1,329) (322) (47) - (24,754) (45,580) Total Operating Revenues 23,088 298,181 286,662 72,625 45,633 143,363 47,397 916,949 1,340,005 Operating Expenses Personnel and Administration P/R Board of Supervisors 400 600 500 500 400 500 400 3,300 7,000 FICA Taxes 31 46 38 38 31 38 31 252 536 ProtServ-Engineering - 1,500 419 1,536 356 817 500 5,128 26,000 ProfServ-Legat Services - 2,213 48 2,690 709 341 1,237 7,237 14,000 ProfServ-Mgmt Consulting Sery 2,518 2,518 2,518 2,518 2,518 2,518 2,518 17,626 30,216 ProfServ-Property Appraiser 12,866 - - - 4,231 - - 17,096 17,093 ProfServ-Special Assessment - - 8,366 - - - - 8,366 8,366 Auditing Services - - - - - - 3,500 3,500 3,500 Postage and Freight 12 83 61 190 13 150 41 549 1,200 Rental-Meeting Room 25 25 25 25 25 25 25 175 350 Insurance-General Liability 2,036 - - 2,036 - - 2,339 6,411 8,786 Printing and Binding 31 - 52 25 17 18 18 162 1,300 Legal Advertising 162 - - - - - 166 328 1,000 Miscellaneous Services 227 122 109 156 127 157 279 1,176 2,600 Misc-Assessmnt Collection Cost 183 5,622 5,365 971 426 2,393 - 14,960 22,790 Office Supplies - - - - - 14 - 14 500 Total Personnel and Administration 18,491 12,729 17,501 10,685 8,853 6,971 11,054 86,280 145,237 Water-Sewer Comb Services Contracts-Mgmt Services 25,794 25,794 25,794 25,794 25,794 25,794 25,794 180,561 309,533 Contracts-GeneratorMaint - - 551 - - - 1,750 2,301 1,750 Communication-Teleph-Field 913 267 283 274 270 233 332 2,572 4,512 Utility-General 6,201 6,493 6,959 7,322 7,488 7,437 7,687 49,587 87,000 R&M-Irrigation 245 - 72 846 - 1,221 2,096 4,480 35,000 R&M-Water Plant - 8,450 3,327 (2,556) (86) 3,456 485 13,076 20,000 R&M-Waste Water Plant - - (4,698) 498 - 783 4,584 1,166 15,000 Misc-Licenses&Permits - - - - - - - - 7,375 Cap Outlay-Waste Water Plant - - - - 8,700 10,063 83,276 102,040 50,796 Total Water-Sewer Comb Services 37,484 41,004 32,288 32,178 43,114 49,659 128,052 363,783 530,966 Debt Service Principal Debt Retirement - - - - - - - - 532,827 Interest Expense - 10,211 - - - - - 10,211 122,533 Total Debt Service - 10,211 - - - - - 10,211 655,360 Total Operating Expenses 55,975 83,944 49,789 42,883 51,967 56,630 139,106 460,274 1,331,583 Operating income doss) $ (32,887) $ 234,237 $ 236,873 $ 29,762 $ (6,334) $ 86,733 $ (91,709) 456,675 8,442 TOTAL NET ASSETS,BEGINNING(OCT 1,2014) 7,818,820 7,618,820 TOTAL NET ASSETS,ENDING $ 8,075,495 $ 7,627,262 Report Date:5/8/2015 7 Port of the Islands Community Improvement District Supporting Schedules April 30, 2015 i S 8 t 4 $ r2 8 82 8 F.' is-". < 8 45pNp 3 8 8 to- m42 2 8441 V 8 8 8^ 8 8 N, N: r ^ h o c0 m c6 N n m p) ui h co O 7 Q p Y 8 o w W A » N V 4 pg - O p � C ' m M tl! 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Q 0 K ¢Y' 7 C O Z Z Q W Z t- ¢ Z- 1- gN EZ80 gFO Ogg = fLCL W a3 -C E C j �0 N i0 l0 )0 �0 �0 10 In i0 N N N N N i0 N N .0 N h CO 0) 0 C- IN C U) O r CO W 0 0 0 0 0 0 ■- N g .,_ c3 v a a o m a c c N N N N N N N a ° " C cc E g 0 0 0 0 p0 0 0 0 0 0 0 0 0 0 0 0 0 C O LL Z e v a v °v O a O V V O 0 0 V V .7- 4 V V 0 `Q' 0. 0 PORT OF THE ISLANDS Community Improvement District Non-Ad Valorem Special Assessments Collier County Tax Collector-Monthly Collection Report For the Fiscal Year ending September 2015 ALLOCATION BY FUND DISCOUNT/ GROSS DATE NET AMOUNT (PENALTIES) COLLECTION AMOUNT GENERAL WATER/SEWER RECEIVED RECEIVED AMOUNT COSTS RECEIVED FUND FUND Assessments Levied FY 2015** $ 1,174,931 $ 334,109 $ 840,822 Allocation% 100% 28% 72% 10/30/14 $ 12,510 $ 707 $ 255 $ 13,473 $ 3,831 $ 9,642 11/14/14 $ 70,133 $ 2,955 $ 1,431 $ 74,519 $ 21,190 $ 53,328 11/25/14 $ 314,825 $ 13,386 $ 6,425 $ 334,636 $ 95,159 $ 239,477 12/12/14 $ 336,730 $ 14,178 $ 6,872 $ 357,780 $ 101,740 $ 256,040 12/31/14 $ 30,590 $ 992 $ 624 $ 32,206 $ 9,158 $ 23,048 01/29/15 $ 66,510 $ 1,857 $ 1,357 $ 69,724 $ 19,827 $ 49,897 02/27/15 $ 29,174 $ 449 $ 595 $ 30,219 $ 8,593 $ 21,626 03/31/15 $ 163,830 $ 65 $ 3,343 $ 167,239 $ 47,557 $ 119,682 04/30/15 $ 30,810 $ - $ - $ 30,610 $ 8,704 $ 21,906 TOTAL $ 1,054,912 $ 34,590 $ 20,904 $ 1,110,406 $ 315,760 $ 794,646 %Collected 94.51% 94.51% 94.51% TOTAL OUTSTANDING $ 64,525 I$ 18,348 $ 46,176 *Discounts and collection costs taken in the 4/30 distribution were not availabe as of the date of this report. Once this information is received,an adjustment will be made and reflected in the next set of financial statements Year Parcel ID Description Amount Comments FY 2010 1058920500 POI Hotel 119,627 bankruptcy FY 2011 1058920500 POI Hotel 119,627 bankruptcy FY 2012 1058920500 POI Hotel 119,638 bankruptcy FY 2013 1058920500 POI Hotel 119,638 bankruptcy FY 2014 1058920500 POI Hotel 119,637 FY 2014 1058920005 POI Realty LLC 268,677 Total Delinquent Parcels 866,844 Note**: Three parcels were billed off roll subsequent to budget adoption. Report Date:5/8/2015 11 PORT OF THE ISLANDS Community Improvement District Series 2010 Special Assessment Revenue Bond 1.Recap of Capital Project Fund Activity Through April 30,2015 Bond Issued(Construction Account) $ 5,500,000 Source of Funds:Interest Earned $ 8,589 Use of Funds: COI $ (42,700) COI(costs transferred to checking account) $ (5,000) Disbursements: Water Treatment Plant $ (5,333,694) Disbursements: Lift Station Rehab $ (102,040) $ (5,483,433) Adjusted Balance in Construction Account April 30,2015 $ 25,156 2.Funds Available For Construction at April 30,2015 Book Balance of Construction Account at April 30,2015 $ 25,156 Construction Funds available at April 30,2015 $ 25,156 3.Investments-BB&T at April 30,2015 Estimated Type Yield Principal Construction Fund: 0.12% $ 25,156 ADJ:Outstanding Amounts Due $ - Balance at April 30,2015 $ 25,156 4. General Bond Information Issued: 2010 Matures: 2020 Bond Interest Rate: 3.51% FY 2015 budgeted bond payment as%of gross assessments(water/sewer fund): 57% Report Date:5/8/2015 12 PORT OF THE ISLANDS Community Improvement District Construction Schedule IAMOUNT OF CAPITAL WATER TREATMENT LIFT STATION REQ.C DATE CONTRACTOR REQUISITION OUTLAY COI PLANT REHAB COI 10/20/10 Greenberg Traurig $ 10,000 $ - $ 10,000 $ - $ - COI 10/20/10 BBBT 2,700 2,700 COI 10/20/10 Severn Trent Management Svc 15,000 15,000 COI 11/02/10 Dan Cox 15,000 15,000 1 11/09/10 Port of the Islands CID(reimb) 321,537 321,537 321,537 2 11/18/10 South Florida Excavation 26,504 26,504 26,504 3 11/24/10 Naples Daily News 151 151 151 4 01/04/11 Century Link 26,311 26,311 26,311 5 12/16/10 South Florida Excavation 18,009 18,009 18,009 6 02/01/11 Hole Montes 2,561 2,561 2,561 7 02/01/11 Hole Monies 16,200 16,200 16,200 8 02/01/11 Hole Montes 13,207 13,207 13,207 9 02/10/11 Benchmark EnviroAnalytical,Ir 1,019 1,019 1,019 10 02/17/11 Hole Montes 1,983 1,983 1,983 11 03/07/11 Hole Montes 6,250 6,250 6,250 12 03/16/11 South Florida Excavation 12,762 12,762 12,762 13 03/29/11 Cardinal Contractors 27,000 27,000 27,000 14 04/06/11 Hole Montes 13,850 13,850 13,850 15 05/05/11 South Florida Excavation 18,587 18,587 18,587 16 05/16/11 Cardinal Contractors 95,029 95,029 95,029 17 05/19/11 Hole Montes 39,565 39,565 39,565 18 06/14/11 KW Controls 1,039 1,039 1,039 19 06/14/11 Cardinal Contractors 196,572 196,572 196,572 20 07/06/11 Hole Monies 19,575 19,575 19,575 21 07/22/11 Cardinal Contractors 170,192 170,192 170,192 22 07/27/11 Hole Montes 22,325 22,325 22,325 23 08/19/11 Cardinal Contractors 156,353 156,353 156,353 24 08/30/11 Hole Monies 19,700 19,700 19,700 25 09/16/11 South Florida Excavation 6,971 6,971 6,971 26 09/16/11 South Florida Excavation 4,602 4,602 4,602 27 09/16/11 Cardinal Contractors 278,893 278,893 278,893 28 09/27/11 Michael Evans Computers 3,255 3,255 3,255 29 10/17/11 Cardinal Contractors 85,416 85,416 85,416 30 11/03/11 Hole Monies 833 833 833 31 11/03/11 Hole Monies 43,975 43,975 43,975 33 11/23/11 KW Controls 24,337 24,337 24,337 Total FY 2011 $ 1,717,261 $ 1,674,561 $ 42,700 $ 1,674,561 $ - I 32 11/14/11 Cardinal Contractors $ 268,314 $ 266,314 $ - $ 268,314 34 12/15/11 South Florida Excavation 4,602 4,602 4,602 35 12/15/11 BC]Technologies 7,121 7,121 7,121 36 12/15/11 ITT Water Equipment Tech 586,767 586,767 586,767 37 12/16/11 Cardinal Contractors 647,523 647,523 647,523 38 12/30/11 Hole Montes 43,673 43,673 43,673 39 01/24/12 Hole Montes 25,610 25,810 25,610 40 01/24/12 Cardinal Contractors 174,823 174,823 174,823 41 01/30/12 KW Controls 73,011 73,011 73,011 42 02/24/12 Cardinal Contractors 240,416 240,416 240,416 43 03/15/12 Cardinal Contractors 246,740 246,740 246,740 44 04/05/12 Hole Montes 48,232 48,232 48,232 45 04/23/12 Cardinal Contractors 89,577 89,577 89,577 46 05/09/12 ITT Water Equipment Tech 30,578 30,578 30,578 47 05/16/12 Cardinal Contractors 62,629 62,629 62,629 48 05/17/12 KW Controls 12,169 12,169 12,169 49 06/12/12 Hole Montes 65,277 65,277 65,277 50 06/12/12 Severn Trent Environmental S 9,027 9,027 9,027 Report Date:5/8/2015 13 PORT OF THE ISLANDS Community Improvement District Construction Schedule IAMOUNT OF CAPITAL WATER TREATMENT LIFT STATION REQ.# DATE CONTRACTOR REQUISITION OUTLAY COI PLANT REHAB 51 08/12/12 BCI Technologies 20,000 20,000 20,000 52 06/13/12 Cardinal Contractors 207,112 207,112 207,112 53 06/29/12 Soto's Lawn Service,Inc. 19,680 19,680 19,680 54 07/18/12 Cardinal Contractors 13,633 13,633 13,633 55 07/25/12 W.E.Johnson Equipment 33,088 33,088 33,088 58 08/03/12 Hole Montes 49,982 49,982 49,982 57 09/04/12 Severn Trent Environmental S 3,045 3,045 3,045 58 09/04/12 Cardinal Contractors 195,290 195,290 195,290 59 09/19/12 Hole Montes 21,350 21,350 21,350 60 09/19/12 BCI Technologies 33,279 33,279 33,279 61 09/19/12 Cardinal Contractors 52,400 52,400 52,400 Total FY2012 $ 3,282,946 $ 3,282,946 $ - $ 3,282,946 $ - 62 10/16/12 RMA Geological Consultants $ 5,990 $ 5,990 $ - $ 5,990 63 10/16/12 Cardinal Contractors 151,859 151,859 151,659 64 11/01/12 Hole Montes 10,027 10,027 10,027 65 12/11/12 Severn Trent 48,567 48,567 48,567 66 01/09/13 RMA Geological Consultants 9,170 9,170 9,170 67 01/17/13 Hole Montes 8,138 8,138 8,138 68 01/17/13 RMA Geological Consultants 16,746 16,748 16,746 69 01/17/13 Severn Trent 1,569 1,569 1,569 70 02/05/13 Cardinal Contractors 26,705 26,705 26,705 71 02/05/13 KW Controls 12,169 12,169 12,169 72 02/05/13 Hole Montes 2,533 2,533 2,533 73 02/21/13 KW Controls 12,169 12,169 12,169 74 04/23/13 RMA Geological Consultants 1,600 1,800 1,600 75 10/11/13 Xylem 43,747 43,747 43,747 76 02/25/14 Xylem 25,200 25,200 25,200 I Total FY 2013 $ 376,187 $ 376,187 $ - $ 376,187 $ - I I Total FY 2014 $ - $ - $ - $ - $ - I 77 02/11/15 Fortiline $ 8,700 $ 8,700 78 03/04/15 Fortiline 148 148 79 03/04/15 Ferguson 319 319 BO 03/26/15 Severn Trent 9,596 9,596 81 04/08/15 KW Controls 5,346 5,346 82 04/08/15 Gulf States Electric 5,240 5,240 83 04/08/15 Gulf States Electric 6,770 6,770 84 04/08/15 Xylem 1,964 1,964 85 04/08/15 Xylem 697 697 86 04/17/15 KW Controls 5,346 5,346 87 04/17/15 KW Controls 5,346 5,346 88 04/17/15 KW Controls 2,180 2,180 89 04/17/15 Severn Trent 12,965 12,965 90 04/29/15 KW Controls 5,346 5,348 91 04/29/15 KW Controls 32,076 32,076 I total FY 2015 $ 102,040 $ - $ - $ - $ 102,040 I Grand Total $ 5,478,433 $ 5,333,694 $ 42,700 $ 5,333,694 $ 102,040 I Interest FY 2011 Interest $ 5,744 FY 2012 Interest 2,291 FY 2013 Interest 303 FY 2014 Interest 173 FY 2015 Interest 78 $ 8,589 Report Date:5/8/2015 14 PORT OF THE ISLANDS Community Improvement District All Funds Capital Improvement Program-Status Report Updated thru 4/30/15 WATER PROGRAM PROJECT PAID NO FY 2016 PAID IN FY PROJECT PROJECT NAME OR DESCRIPTION ESTIMATE nt ID I �'t INCEPTION TO FY 2016 FY 2017 FY 2018 FY 2019 STATUS DATE nt W-19 Video surveillance and monitoring $ - $ - $ - $ 10.000 $ - $ - $ - ST project W-22 Fire hydrant repair and replacement $ - $ - $ 3,090 $ - S - S - $ - ST project Total Water Program $ - $ - $ 3,090 $ 10,000 $ - $ - $ - WASTEWATER PROGRAM ST combined WW-23 SCADA and control panel for lift stations S 30,796 $ - $ 77,137 $ 30,796 $ 30,796 $ - $ - w/W W-26 WW-24 MBR Membranes $ - $ - $ - $ 20,000 $ - $ - $ - ST WW-25 Misc.Equipment Replacement $ - $ - $ - $ - $ - $ - S - WW-26 Replace lift station control panel $ 102,040 $ 102,040 $ 102,040 $ - $ - $ - $ - Total Wastewater Program $ 132,836 9 102,040 $ 179,177 $ 50,796- 9 30,796 $ - $ - Total Water/Sewer Fund $ 132,836 I$ 102,040 I$ 182,266 I S 60,796 I$ 30,7961$ -I$ NOTE 111:The amounts shown in the'FY 2015 ESTIMATE'columns reflect the most recent approximation of what the District expects to spend on each project between October 1,2014 and September 30,2015. NOTE I21: The amounts shown in the'PAID IN FY 2015'column reflects project expenses incurred between October 1,2014 and September 30,2015. The total of these columns will tie to the amounts reported as'Year to Date Actual-Capital Outlay'in the corresponding monthly financial statements. NOTE 131: The'PAID INCEPTION TO DATE'columns reflect any payments made between FY 2006 and present. Report Date:5/8/2015 15 PORT OF THE ISLANDS Community Improvement District Al!Funds Capital Improvement Program-Status Report Completed Projects Project No.' Project Name or Description I Project Total'Completion' Comments Date IG-1 Collier County Zoning/Fire Station Property $ 22,324� M'f1h7 g Completed in FY 2010 G-2 Sign Variance Petition-Union Road $ 42,683 `. fj',l{ .4 e Completed in FY 2011 I RI&2 IRoad resurfacing and repair $ 473,138 J(s39/$0/20011 Completed in FY 2007 I-1 Irrigation&Fire Control Panel Upgrade $ 54621 ,9/ 8'a Completed in FY 2008 1-2 Irrigation Supply Well Project $ 34,765 10/172008 C• ompleted In FY 2009 1-3 Welltield Mechanical Upgrades $ 218132 :'ftli3072O80 Completed in FY 2009 1-4 3rd well to provide irrigation water supply $ 287,793 %'F' i/2014 Completed in FY 2010 1-5 Welltield SCADA $ 27,587 ! {? Completed in FY 2010 1-6 Electrical Upgrades for Welifield and WWTP Generator $ 247,386 . ,•4n��7r" Completed in FY 2010 1-7 Canal PS Modifications $ 4,269 e '' Completed in FY 2010 1-10 Wellhead Retrofitting $ 11,615 =s,.;?r-, Completed In FY 2012 I-11 Well Monitoring $ 16,746 i', Completed in FY 2013 1-12 Pump Retrofitting $ 10,770 e1� .,-Completed in FY 2013 W-2 Water Treatment Plant-replace transfer pumps $ 9,887 .18104 11400 Completed in FY 2008 W-4 Water Treatment Plant-repairs to building(roof,doom,windows,peintinQL $ 14,050 ± /2 e�cI Completed in FY 2008 W-5 Water Treatment Plant-replace metal launders and walkways on softening unit&other repairs $ 56,877 $1y 7:a Completed in FY 2009 W-5 Water Treatment Plant•replace gaseous chem storage/feed sys(chlorine)w/liquid chem(bleach) $ 36.088 .q f e Completed In FY 2009 W-7 Water Treatment Plant•air condition room that houses compliance monitoring equipment $ 3901 ..*grtitfftS C• ompleted in FY 200B W-13 Water Treatment Plant-design new WTP $ 488,844 Fi e�,,"jj Completed in FY 2011 W-14A Water Treatment Plant-New Construction $ 4,409326 V,. e.r' • Completed in FY 2014 W-14B Water Treatment Plant-Inspection of new construction $ 440,894 '� 013 Completed in FY 2013 W-15 Water Treatment Plant-New meter replacement program(with baddlow prevention) $ 257,514 `�'�gr(< Completed in FY 2013 W-17 SCADA $ 223,093 iY ;ltlfi Completed in FY 2009 W-23 Stormwater Rention Ponds $ 110,776 brit Completed in FY 2011/2012 W-23e Disinfection Conversion-free chlorine to chlommines $ 11,427 f'-'At/0121300 Completed in FY 2009 WW-5 Wastewater Treatment Plant-two new mixers $ 18,810 i'� "Oaf C• ompleted in FY 2008 WW-8 Wastewater Treatment Plant-add second reuse pump $ 111,973 4,,„4y y Completed in FY 2000 Wastewater Treatment Plant-replace gaseous them storage/feed systems(chlorine and sulfur WW-10 dioxide)w/liquid them(bleach and sodium thiosulfate) $ 36,068 �,.,�Q.r-t!�. Completed in FY 2009 W W-13A Reuse Storage Tank $ 585.299 r" °ib � Completed in FY 2010 WW-13B Automation of reuse water system and supplemental water $ 55,358 5liti x.: 1t Completed in FY 2010 WW-1O DynaLift MBR Membrane System $ 1,112,360 '")°,et,:P,; Completed in FY 2011 WW-10 Electrical service upgrades at W WTP $ 231,100 Completed in FY 2009 WW-20 New W WTP Generator $ 110,776 ° ,i a{ Completed in FY 2009 WW-23 SCADA and control panel for lift stations $ 77,137 '01,4_Completed in FY 2014 Report Date:5/8/2015 16 PORT OF THE ISLANDS Community Improvement District General Fund Cash Flow Projections MAY JUN JUL AUG SEP 2016 2016 2016 2016 2016 Cash Beginning Balance $ 558,814 $ 922,737 $ 882,950 $ 840,598 $ 800,808 Cash inflow 18,527 179 179 179 179 Cash Outflow (40,705) (39,967) (42,533) (39,967) (39,967) CD Investment - - - - Add:Prepaid Items - - - - Add: Due from WS Fund 307,526 - - - - Less:Current Liabilities(as of 4/30/15) (1,425) - - - - Total Estimated Cash Balance WITHOUT past due assessments or FY 2015 off roll billing $ 922,737 $ 882,950 $ 840,596 $ 800,808 S 761,020 Total Estimated Cash Balance WITH past due assessments and FY 2016 off roll billing $ 1,246,718 $ 1,206,931 $ 1,164,577 $ 1,124,789 $ 1,085,001 Cash Receipts Special Assessments $ 18,348 $ - $ - $ - $ - SpecialAssessments-Discount - - - - - Interest 179 179 179 179 179 Total Cash Inflow $ 18,527 $ 179 $ 179 $ 179 $ 179 Operating Expenditures Administrative P/R-Board of Supervisors S 500 $ 500 $ 1,000 $ 500 $ 500 FICA Iaxes 45 45 45 45 45 ProfServ-Engineering 2,167 2,167 2,167 2,167 2,167 ProfServ-Legal Services 2,552 2,552 2,552 2,552 2,552 ProfServ-Mgmt Consulting Sery 2,508 2,508 2,508 2,508 2,508 ProfServ-Property Appraiser - - - - - ProfServ-Special Assessment - - - - - Annual Audit - - - - - Postage and Freight 27 27 27 27 27 Rental-Meeting Room 25 25 50 25 25 Insurance-General Liability - - 2,041 - - Pnnting&Binding 23 23 23 23 23 Legal Advertising 134 134 134 134 134 Miscellaneous Services CO 60 60 60 60 Misc.-Assessmnt Collection Cost 73B - - - - Misc.-Web Hosting 101 101 101 101 101 Office Supplies 60 60 60 60 80 Annual Distract Filing Fee - - - - - Total Administrative 5 8,939 $ 8,201 $ 10,767 $ 8,201 $ 8,201 Maintenance Contracts-Mgmt Services $ 8,333 $ 8,333 $ 8,333 $ 8,333 $ 8,333 Contracts-Landscape 6,902 6,902 6,902 6,902 6,902 Electricity-Streellighing 1,240 1,240 1,240 1,240 1,240 Uglily-Irrigation 1.275 1,275 1.275 1,275 1,275 R&M-Renewal&Replacement 13.832 13.832 13.832 13.832 13.832 R&M-Roads and Alleyways - - - - - R&M-Signage 183 183 183 183 183 Total Maintenance $ 31,765 $ 31,765 $ 31,765 $ 31,765 $ 31,765 Total Cash Outflow $ 40,706 $ 39,967 $ 42,633 $ 39,967 $ 39,967 Report Date:5/11/2515 17 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Cash Flow Projections MAY JUN JUL AUG SEP 2015 2015 2015 2015 2015 Cash Beginning Balance $ 97,101 $ (283205) S (312043) $ (375243) $ (404,081) Cash Inflow 66,935 20,659 20,659 20,659 20,859 Cash Outflow-Expenses (051,715) (49,497) (83,859) (49,497) (49497) Add:Prepaid Items 594,093 - - - - Less Due to General Fund (387,576) - - - l.ess:Current Liabilities(as of 4/30/15) (1,992) - - - - Total Estimated Cash balance WITHOUT past due assessments or FY 2015 off roll billing $ (283,205) $ (312,043) 0 (375,243) $ (404,081) $ (432,919) Total Estimated Cash Balance WITH past due assessments and FY 2016 off roll billing $ 839,018 $ 810,177 $ 546,977 $ 015,139 $ 489,301 Cash Receipts Special Assessments 5 48,176 $ - $ - $ - $ - Special Assessments-Discount - - - - - WaterlSewerllvlgation Revenue 20,646 20,640 20,646 20,646 20,646 Interest/Miscellaneous 13 13 13 13 13 Total Cash Inflow 5 66,836 S 20,669 3 20,659 $ 20,669 $ 20,659 Operating Expenditures Administrative PIR-Board of Supervisors 5 500 $ 500 $ 1,000 $ 500 $ 500 FICA Taxes 45 45 45 45 45 ProlServ-Engineering 2,167 2.167 2,107 2,107 2,167 ProrServ-Legal Services 2,552 2.552 2,552 2.552 2,552 ProlSery-Mgmt Consulting Sery 2,518 2.518 2,518 2,518 2,518 ProfServ-Property Appraiser - - - - - ProfServ-Special Assessments - - - - Annual Audi - - - - Poslage and Freight 27 27 27 27 27 Rental-Meeting Room 25 25 50 25 25 Insurance-General Liability - - 2,041 - - Printing&Binding 23 23 23 23 23 Legal Advertising 134 134 134 134 134 Miscellaneous Services 168 168 168 168 168 Misc.-Assessmnt Collection Cost - - - - - Office Supplies 80 60 60 60 60 Total Administrative $ 8,219 $ 8219 S 10,785 3 8.219 $ 8,219 Maintenance Contracts-Mgmt Services $ 25,794 $ 25,794 $ 25,794 $ 25,794 $ 25,794 Contracts-Generator Mart 1,750 - - - - Communication-Teleph-Field 283 283 283 283 283 Utility-General 7,084 7,084 7,084 7,084 7,084 R&M-Imgaton 2,917 2.817 2,917 2,917 2.917 R&M-Lift Station 800 800 B00 800 800 R&M-Potable Water Lines - - - - - R&M-Water Plant - - - - - R&M Waste Water Plant 3,000 3,000 3,000 3,000 3,003 R&M-Sewer Lines 600 600 600 600 600 R&M-Backfiow Inspection 800 800 800 800 B00 MIsc.-Licenses&Permits 6,375 - 1,000 - - CIP' - - 30,796 - - Total Maintenance $ 49,403 S 41,278 $ 73,074 $ 41,278 $ 41,278 Debt Service Principal and Interest $ 594,094 $ - $ - $ - $ - Total Debt Service $ 594,094 $ - $ - $ - $ - Total Cash Outflow $ 661,715 $ 49,487 3 83,869 $ 49,497 $ 49,487 'NOTES: Estimated CIP costs for anticipated projects are shown quarterly. The attorney has confirmed the use of construction hinds are eligible to cover Ill station rehabilitation projects. Both construction funds available and eligible anticipated project costs are reflected above. Report Date:5/11/2015 18 PORT OF THE ISLANDS Community Improvement District All Funds Cash Flow Projections-5 Year GENERAL FUND ADOPTED PROPOSED PROPOSED PROPOSED PROPOSED FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Operating Revenues Assessments(Net) $413,373 $413,375 $413,375 $413,375 $413,375 Interest/Miscellaneous $2,153 $1,673 $2,153 $2,153 $2,153 Total Operating Revenues 5415,526 $415,048 $415,528 $415,528 $415,528 Operating Expenditures Administrative $121,696 $117,449 $120,972 $124,601 $128,339 Maintenance $293,830 $297,600 $306,528 $315,723 $325,195 Total Operating Expenditures $415,526 $415,048 $427,499 $440,324 $453,534 Capital Expenditures CIP Projects $0 $0 $0 $0 $0 Total Capital Expenditures $0 $0 $0 $0 $0 Estimated Ending Cash Balance WITHOUT pest due assessments or FY 2D15 off roll billing $ 761,020 $761,020 $749,049 $724,252 $686,246 Estimated Ending Cash Balance WITH past due assessments and FY 2015 off roll billing $ 1,085,001 $1,085,001 $1,073,030 $1,048,233 $1,010,227 WATER AND SEWER ENTERPRISE FUND ADOPTED PROPOSED PROPOSED PROPOSED PROPOSED FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 Operating Revenues Assessments(Net) $1,093,920 $1,093,920 $1,093,920 $1,093,920 $1,093,920 Water/Sewer/Irrigation Revenue $245,800 $217,500 $217,500 $217,500 $217,500 Interest/Miscellaneous $285 $199 $486 $513 $570 Total Operating Revenues $1,340,005 $1,311,619 $1,311,906 $1,311,933 $1,311,991 Operating Expenditures Administrative $145,237 $133,973 $133,973 $133,973 $133,973 Maintenance $480,170 $464,928 $464,928 $464,928 $464,928 Total Operating Expenditures $625,407 $598,901 $598,901 $598,901 $598,901 Capital Expenditures CIP Projects $50,796 $60,796 $30,796 $0 $0 Total Capital Expenditures $50,796 $60,796 $30,796 $0 $0 Debt Service Principal and Interest $655,360 $655,360 $655,360 $655,360 $655,360 Total Debt Service $855,360 $855,360 $655,360 $655,360 $855,360 Estimated Ending Cash Balance WITHOUT past due assessments cr FY 2015 off roll biting $ (432,919) ($436,357) ($409,508) ($351,835) ($294,105) Estimated Ending Cash Balance WITH past due assessments and FY 2015 off roll billing $ 489,301 $485,863 $512,712 $570,385 $628,115 Report Date:5/11/2015 t9 I 1 1 I I I v1 N 0 0000 N N 00.00001.--1 CO 01 M0 M N I I.--1 er Cl) 1/40 H Cl) t0 r1 r` O O W N N 0- a'0 0 0 0 al CO 0 .•-1 cC O 'C t0 .-1 CO a to tO to CO HOOWMCO OD 0-al M 0100.-I0- .-1 NO N N 0 O al al N t0 ')t0 M m N N r-1 Cl). .-1 Cr O (T) 0 CO CD W Cl)0- N Ur 01 or Ur M Cl)-Ur N al v1 a) W E 0 CD- yr yr .0- (7 OWN U) .--1 .--1 N 12 r1 Ur(n- N Ur N N a . 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GPM not worMng on SCADA.Trouble shoot end found bad surge prcleceon module,replaced nodule,tested now and tote/rerun mew and SCADA.Well 03/caber not working on meter.Tested meter,reset pmgram and 10/13114 BTS tested Waltzer to observe counter Increasing. WO 94070 70285 Service Call RO WTP-Water RO Otselbulion PH analyzer malfunctioning,not an SCADA. 10/13114 Water STS Trouble shoot,repaired PH analyzer,requires rspltement display hoard. WO 04074 400.00 09118/14 Water STS WTP Repaired leak on#1 high sarvtoe pump end check valve. WO 46630 167.50 00!10/14 Water STS W WTP(MBRY Instal two new 4'Butterfly Valves atMBR el W lWTP. WO 46640 300.00 Cell out to repairleaidng back?low at plant.Excavated by hand replace IlWngs. Restored 09/19/14 8T8 she. W046511 375,00 2t242J56 001.2014 19/26/14 Water STS Repair water service at Bldg.180,2804 Steps Marls North W046010 212.10 10/28114 Water 8T8 Repair water service et WWTP WO 46608 138.00 1113!14 Water STS Instati new 3/4"back60w et 330 Stella Marts South.Tag end recerWed. 910 46008 178.00 Service call at WTP. Plant surge device malfunctioned end exploded.Troubleshoot and found Lizard shorted out main board and blew door elf unit Further Inspecttoa found kratelatin questionable. Recommend correcting Inelaaston with replacement Further reeerch found edstlp not under warranty, Mel with'MSS!ngllserend he impacted and 111/7/14 Sewer STS recommended replacement. WO 04881 400.00 ST'S a Service call at WTP. Trouble-shoot analyzed.Replaced melfunci with analyzer it h old WO 04979 700.00 11124/2014 Water one from MO service pump roam,fofowing bench roper and tasting. Service call el WTP. Chlorine analyzer sample line plugged and unable to provide e10clent 11124/14 Water STS lbw for correct sampled Dlsasemble,unplug and replumwith new perle. WO 04862 500,00 2,226,10,Nov.2014 4,467.55 Nov.YTO Tech daplaced one pull station and One strobe In the sample room that was damaged on 10130/14 Tyco:the Simplex 4006 System,Tech also repaired a ground fault on the Annunciator. Inv.00095870 010.08 11537114 water STS Armlet operators with replacing the sewer lnauent odium screen gains and chain WA 94688 400.00 11//2114 HD Sr EDCO PC64220-038 Surge Suppreaston Nonstock Raft* Inv.SE30360662 337.43 APR 9 2015 Emergency all out to spray paint area to Inspect water main break Eroavfa with raddloe and repot main break on Newport Drive between Morningstar and EvenIngetar.Restored 11!03/14 Water STS area to Its 0dglanl form with aeratam Sod. W0 45615 2,60250 Service cal at Master Let Station. Level control mlesIng on SCADA,alarming ULC failure. Found ULC OK but PLC module fetus. Replaced module end sent defective module In for 11126114 Water STS repair and evatuaIon. W0 04870 $34.80 P01 Rebate FlNAL for MARCH 3620 Maintenance 6721 Severn Trent Bnvkonmental Services Port of the Islands Repair and Melntanance Budget Applied against budget account,copies of Invoices evadable upon request Cap$15,000 Contract:Oct 2014•Sept.2015 IInv.Dare Service I"adj Description Wafted I invoice$ Month Service cad at Master lilt Mallon Control,. PLC!nodule failure.Replaced module and 12/04/14 Sewer STS sent tauKy one in or warranty Weir 200.00 At 194200 Newport Drive excavated and repaired 2 112"Irrigation Ilse Inside 4"casing 12/04/14 IMgsdon 678 pipe, Install 2*valve and restore eree. W045071 2,306.50 At 154 Newport Or,Budding at 20000 Orchid Cove,and Building et 25084 Peacock Lane 12/18114 Water STS inspected all bach6owe and repaired the ones that were leaking. WO 46595 314.60 7533.94 Dec.2014 12,30040 Dec.YTD At 109 Momingstar Cay,325 Stela Marts South end 330 Stella Mds South rebuilt,tested 01/16/16 Water STS and receitifiedbadrllows W045710 303,50 At 360 Stella Nails N Unit 2605 rebuilt backlbw on customers side.At 154 Newport MN* dewed Saddlow 3570091 and 1l check valve end checked operations.At 333 Sundae 01/16/16 Water STS Coy Unit 3 Cleaned 41 check valve and placed on One. WO 46734 385.00 766.10 Jande 13,060.09 Jan,YTD 021181l 6 dialer STS Cleaned and Tested 2 backllows et 260 and 210 Newport Drive WO 46601 160,00 02/13115 Sewer STS Pulled and Undossged N2 Pump at LS NS. Checked amps.OK WO 46703 226.00 02/13/15 Water 918 Repair Broken tine tom Beckl ow to meter at 157 Cay Or, WO 45704 75.00 02/13/15 Sewer 673 Al'POI Sewer Turbidity mater maKun0ioned•Troubleshoot unit and ordered parts WO 94902 1,405.13 1,066.13 Feb-15 14,916.22 Fob,YID 03/04/16 Sewer 818 Replaced PLC Module Alter Felons/SCADA alarm WO 94079 797.00 03/06118 Bawer 878 Replaced Damaged Dela Cattle d Repaired Radio Part 0 LS e1. WO 04909 675.00 Checked&Adtusled Transducer Inalalatlon,cleared and reprogrammed ULC Controller 03/06/15 Sewer 6T8 LS M6.SCALIA Alarm W0 94910 700.00 Fro elation not funcbning-Tauchscreen&UPS In alarm due to low battery voltage. 03104/15 Rouse 878 Replaced batteries 6 reset system WO 94903 100.00 03/10116 Water STS Cleaned,repaired&tested baddlows 0 25067 Peecockac102,242 and 254 Newport Or. WO 46630 300.00 03/10316 Water 818 Replaced preeeure release veNee on blowers all WTP.Parts suppled by customer WO 46031 226.00 Circuit Breaker Box corroded and Inoperable.Replaced complete clrcull-breaker panel 6 03/11/18 Sewer 3TS roach with etslntess str1d. Cep Q4ve WO 04923 321.44 MBR Fiberfil Not Running.Replaced flow meter because old one was destroyed and full 03/24116 Sewer 318 of water.Tested system for proper operation&returned It back lo service WO 94024 300.00 03/26/15 AC STS Alr Conditioning Service Contract for 1yr Inv33180243 179.00 03106/26 Sewer ST8 Pavement malkers• ewor Hub,Threaded Plug,MP hose bib Inv 1248437 125.92 3,723.36 Mer•15 18,930.66 MerYTO APR 9 2615 P01 Rebate FINAL for MARCH 3520 Maintenance Omni Tntd G4Wronm.alaI 8.1.11.. Pad 0141 Mande 4.14m1.1/MO XpplId 4.100.t McIpel.6.$6418 wpip W 10■44911 IglMMa up6R moms/ Cap 111.0(0.06 8nl yew Co*oat 0611614.U.$301$ tsM �13r9Vr i ia S q �e B ri gkrCCYa„,+ " 3 -�:.wLntF,**,.4* iiig fi t cf 1 DUMONT HYP IGW8411010 133.411 0102214 %M0f1T NYP 3CHLOWTI SOLUTIONS 311848 MO 0631114 00110517 MYPOG0.011111004.11910146 318408 14780 1940114 DIMIONT NYPOGNLOURe$OtUT1OH1 33340$ 1,421 10120114 Dt1aa27 NYPOCNIDRRE SOLUTIONS 333041 136m I 16Y2a14 (*QOM IIYPPCNIARRESW/MN%6 ODIUM IM10RO X108 333148 22466 I $41.24 0412941 11103114 OULION1 HYPOWWRd10OLOItONO.600WMI4YDROXJO$ 316032 614.76 11/6334 041104I7 HYPCHLORITE 601.1I70156 336033 10136 11117114 01.134047 HYPOtl6ARITE0OLOT1041 336201 144.50 11117!1. 03.104441 HYPOPOARTTEBOLUfloM 316707 64.06 43046 IMv Toad E 1.47074 YTD Taal 13100311 OUMOMT NYPOONLORRE VOLUTION$,BODIDN HYDROXIDE 378607 31130 124144 DUMONT 11YPOCIYORITEOOLU112HO 313003 700.60 417,00 01$T1161 2,11730 Y721 TOM 1241014 DUMONT IrypoCItORR160LU110N1,10701W6 1471310 2121.136M0/1T/W000,PAWS A 123 PLUG 321161 1.34674 0$80018 11121411 WHOM HYPOCJtORIT$$OLUTIONV 3701$0 136.00 01112110 DUMONT NYVac0toLPMeGavlo/1.8000MHYD2Awo0 330641 63636 0111616 011100(0 14Y1002211300TI 00111110X0 331632 12400 0141016 LEMONT HYPocItORde soLUrt0N1 401631 Woo 0112210 2151100(T NYP0C*LORITE 8043910118 330642 17402 3,70(48 Jam 794a1 4313.70 2713 W 0261416 DUMONT 20000C3ILOU6T0504111102*40042114Y010x1D0 331132 702_60 02/2/416 DUMONT 4YPO12410 1.11/0137111T10N48041101I01600X10E 3 32971 181.60 07/2W10 0)41281' NYPOCNIAWTE 80UwinnN0.SODIUM NY0R 1900[ 332976 209.74 07/20110 DUMONT 0410000.0112 000111045.000104 HYOR079010.15M1041'481000.PANG 132 PLUS 333709 1,26625 068010$ 1,110.44 Fob Ya i 1,11311 YID TAM 03100125 0114007 HYP00411.031036001.1%110NA 00064411705.2006 323076 307.00 03109115 131.910312 HYPOCNLOUOTE SOLUTIONS,50041U H0059/1DP 04.o34 OH MOO 6801615 336071 421.76 07/22711 DUMONT IIYFOCNLORUTC 001411020,50 MIA HYDRO XIDE,041403/1864000,06 M.DR 336020 410.00 03/33111 TAHION/ HYPOCTILOLR1T8I3OL11293141.ef.OX1A/NYDRO70Dp 73603) 17610 1,112.79 Ma.Total 4.200.4 1/70 T.W APR 9 2015 002 5.80114.11%3036 787008M4k6 611 !grill.. JENNIFER J. EDWARDS SUPERVISOR OF ELECTIONS April 16,2015 Ms Rosemary Hodza Severn-Trent Services 210 N. Univeristy Drive Suite 702 Coral Springs,FL 33071 Dear Ms Hodza, In compliance with Chapter 190.06 Florida Statutes this notice is to inform you that the official records of the Collier County Supervisor of Elections indicate 482 registered voters residing in the Port Of The Islands CID as of April 15,2015. Should you have questions regarding election services for the district please feel free to contact our office. Sincerely, ( On ___.------- David B Carpenter Qualifying Officer Collier County Supervisor of Elections (239)252-8501 DaveCarpenter@colliergov.net •F Ft, � COWL SE M.."4 Rev Dr Martin Luther King Jr Building•Collier Government Complex•3295 Tamiami Trl E e Naples FL 34112-5758 v LK (I. Telephone:239/252-8450•Fax:239/774-9468 Port of the Islands Community Improvement District Severn Trent Management Services 210 North University Drive, Suite 702 Coral Springs,Florida 33071 Telephone: (954)753-5841 • Fax: (954)345-1292 Via Federal Express June 8,2015 Mr. Leo E. Ochs,Jr. Mr.A. William Moss Collier County Manager Naples City Manager 3299 Tamiami Trail East City Hall Suite 202 735 Eighth Street South Naples, Florida 34112 Naples,Florida 34102 RE: Proposed Annual Operating and Debt Service Budget for Fiscal Year 2016 Dear Messrs. Ochs and Moss: In accordance with Chapter 190.008(2)(b) of the Florida Statutes, the District is required to submit to the local governing authorities having jurisdiction over the area included in the District, for purposes of disclosure and information only, the proposed annual Budget for the ensuing Fiscal Year at least sixty(60)days prior to the Public Hearing. The District's Public Hearing is scheduled as follows: Date: Friday, September 4,2015 Time: 10:00 a.m. Place: Orchid Cove Clubhouse 25005 Peacock Lane Naples,Florida 34114 I am pleased to enclose the District's Proposed Annual Operating and Debt Service Budget for Fiscal Year 2016 as required by Statute and request you post it to the County's website under Special Districts. If you have any questions or comments,please feel free to contact me directly at(239)245-7118. Sincerely, Ref: POI BUDGET TO CO Dete: 08Jun15 SHIPPING: 0.00 Dep: Recording Wgt: 1.00 LBS SPECIAL: 0.00 HANDLING, 0.00 dioht DV: 0.00 TOTAL: 0.00 (/ 6 Svcs:••2DAY•• INCA:6433 9365 8680 Calvin Teague District Manager Enclosure Ref: POI BUDGET TO CI Dete: 08Jun15 SHIPPING: 0.00 Dep: RECORDING Wgt: 1.00 LBS SPECIAL: 0.00 cc: District Files(agency) HANDLING=TOTAL; 0.00 DV: 0.00 0.00 Svcs:"20AY•' INCA:6433 9365 8691 PORT OF THE ISLANDS Community Improvement District Annual Operating Budget Fiscal Year 2016 Version 2-Proposed Budget: (Printed on 5/11/2015 9am) Prepared by: SEVERN TRENT SERVICES PORT OF THE ISLANDS Community Improvement District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues,Expenditures and Changes in Fund Balances ................................... 1-2 BudgetNarrative ......................................................................................................... 3-5 Exhibit A-Allocation of Fund Balances 6 Water and Sewer Fund OPTION A Summary of Revenues, Expenditures and Changes in Fund Balances ......... 7-8 OPTION B Summary of Revenues, Expenditures and Changes in Fund Balances ......... 9-10 OPTION C Summary of Revenues, Expenditures and Changes in Fund Balances ......... 11-12 BudgetNarrative .......................................................................................... 13-16 AmortizationSchedule .................................................................................................. 17 SUPPORTING BUDGET SCHEDULES OPTION A-2015-2016 Non-Ad Valorem Assessment Summary.................................................. 18 OPTION B-2015-2016 Non-Ad Valorem Assessment Summary 19 OPTION C-2015-2016 Non-Ad Valorem Assessment Summary 20 CIP Schedule 21 Port of the Islands Community Improvement District Operating Budget Fiscal Year 2016 PORT OF THE ISLANDS Community Improvement District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2016 Proposed Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 REVENUES Interest-Investments $ 3,324 $ 2,262 $ 2,153 $ 1,052 $ 895 $ 1,947 $ 1,673 Net Incr(Decr)In FMV-Invest 1,580 (858) - - - - - Interest-Tax Collector 32 - - 22 - 22 - Special Assmnts-Tax Collector 402,232 327,741 430,597 315,760 18,349 334,109 334,109 Special Assmnts-Off Roll - - - - 96,490 96,490 96,490 Special Assmnts-Discounts (8,552) (8,739) (17,224) (9,836) - (9,836) (17,224) Other Miscellaneous Revenues 1,575 1,162 - 1,870 - 1,870 - TOTAL REVENUES 400,191 321,568 415,526 308,868 115,733 424,601 415,048 I EXPENDITURES Administrative P/R-Board of Supervisors 6,800 6,500 7,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 ProfServ-Engineering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 ProfServ-Legal Services 28,245 19,705 14,000 7,237 12,763 20,000 20,000 ProfServ-Mgmt Consulting Sery 28,365 29,216 30,092 17,554 12,538 30,092 30,995 ProfServ-Property Appraiser 6,531 6,531 6,459 6,460 - 6,460 5,012 ProfServ-Special Assessment 9,243 9,520 9,806 9,806 - 9,806 10,100 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - - - - Postage and Freight 1,030 724 1,200 190 136 328 600 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-General Liability 8,103 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 1,006 807 1,300 162 116 278 600 Legal Advertising 223 1,719 1,000 328 672 1,000 1,000 Miscellaneous Services 543 425 1,380 419 299 718 1,380 Misc-Assessmnt Collection Cost 4,860 4,016 8,612 5,944 738 6,682 6,682 Misc-Web Hosting 969 969 1,000 496 504 1,000 1,000 Office Supplies 186 132 500 14 300 314 350 Annual District Filing Fee 175 175 175 175 - 175 175 Total Administrative 119,063 108,735 121,696 67,551 44,344 111,895 117,999 Field Contracts-Mgmt Services 97,123 100,000 100,000 58,333 41,667 100,000 100,000 Contracts-Landscape 85,727 82,830 82,830 48,317 34,512 82,829 82,830 Electricity-Streetlighting 18,154 15,176 19,000 8,678 6,199 14,877 18,000 Utility-Irrigation 13,060 15,956 17,000 8,925 6,375 15,300 17,000 R&M-Renewal and Replacement 12,714 33,564 70,000 840 69,160 70,000 70,000 R&M-Roads&Alleyways - 8,295 4,000 19,000 - 19,000 8,220 R&M-Signage - 1,525 1,000 84 916 1,000 1,000 Total Field 226,778 257,346 293,830 144,177 158,829 303,006 297,050 TOTAL EXPENDITURES 345 841 366 081 415 526 211,728 203,173 414,901 415,048 Annual Operating Budget Fiscal Year 2016 1 PORT OF THE ISLANDS Community Improvement District General Fund Summary of Revenues,Expenditures and Changes In Fund Balances Fiscal Year 2016 Proposed Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2016 APR-2016 SEP-2015 FY 2015 FY 2016 Excess(deficiency)of revenues Over(under)expenditures 54,350 (44,513) - 97,140 (87,440) 9,700 (0) OTHER FINANCING SOURCES(USES) Operating Transfers-Out - (368,000) - - - - Contribution to(Use of Fund Balance - - - - - - (0) TOTAL OTHER SOURCES(USES) - (368,000) - - - - (0)1 Net change in fund balance 54,350 (412,513) - 97,140 (87,440) 9,700 (0) FUND BALANCE,BEGINNING 1,206,355 1,260,705 848,192 848,192 - 848,192 857,892 FUND BALANCE,ENDING $ 1,260,705 $848,192 $848,192 $945,332 $ (87,440) $ 857,892 $857,892 Annual Operating Budget Fiscal Year 2016 2 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 REVENUES J Interest-Investments The District earns interest on the monthly average collected balance for their operating accounts. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Off Roll The District will invoice and collect Non-Ad Valorem assessments, on certain properties within the District,off roll in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4%of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative P/R-Board of Supervisors Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated$200 per meeting at which they are in attendance. The amount for the Fiscal Year is based on 5 Board members paid for attending 14 meetings. The fees will be split evenly with the Water&Sewer Fund. FICA Taxes Payroll taxes for supervisor salaries are calculated as 7.65%of payroll. Professional Services-Engineering The District's engineer provides general engineering services to the District, i.e. attendance and preparation for monthly board meetings when requested, review of invoices,and other specifically requested assignments. The budgeted amount for the fiscal year is based on prior year spending and anticipated costs. The cost will be split evenly with the Water& Sewer Fund. Professional Services-Legal Services The District's Attorney provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed by the Board of Supervisors and the District Manager. The fees will be split evenly with the Water& Sewer Fund based on the percent budgeted for each fund. Professional Services-Management Consulting Services The District receives Management, Accounting and Administrative services as part of a Management Agreement with Severn Trent Environmental Services, Inc. Professional Services-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment,postage,and programming. The budget for collection costs was based on 1.5%of the anticipated assessment collections. Annual Operating Budget Fiscal Year 2016 3 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Professional Services-Special Assessment The District has contracted with Severn Trent Management Services, Inc. to levy annual assessments, update the District's tax roll,prepare estoppel letters and handle any customer service questions regarding assessments. Auditing Services The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. Costs will be split evenly with the Water&Sewer Fund. Postage and Freight This represents costs associated with actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. The fees will be split evenly with the Water&Sewer Fund. Rentals—Meeting Room The District is charged$50 per occurrence for the use of the meeting room at which the District's meetings are held. The district anticipates holding 14 meetings. This fee will be split evenly with the Water&Sewer Fund. Insurance—General Liability The District currently has its Insurance Policy with the Florida Municipal Insurance Trust. This includes general liability, storage tank and property insurance. The FY 2016 budget includes an estimated 15% increase of the actual FY 2015 premium. Printing and Binding This represents costs associated with copies used in the preparation of agenda packages, required mailings, and other special projects. The budgeted amount for the fiscal year is based on prior year spending. The fees will be split with the Water&Sewer Fund based on the percent budgeted for each fund. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.The board will advertise for their meetings annually. The fees will be split with the Water&Sewer Fund based on the percent budgeted for each fund. Miscellaneous Services This includes monthly bank charges and any other miscellaneous expenses that may be incurred during the year. Miscellaneous-Assessment Collection Costs The District reimburses the Collier County Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to,those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2%on the amount of special assessments collected and remitted,whichever is greater. The FY2016 budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Miscellaneous-Web Hosting The District expects to incur costs associated with Web Hosting. Office Supplies Supplies used in the preparation and binding of agenda packages,required mailings,and other special projects. Annual Operating Budget Fiscal Year 2016 4 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Annual District Filing Fee The District is required to pay an annual fee of$175 to the Department of Economic Opportunity Division of Community Development. Field Contracts-Mgmt Services The District has contracted with Severn Trent Environmental Services to provide operating, maintenance and field management services. This contract includes a predetermined amount of R&M costs. Costs above the specified amount are recorded as'R&M-Renewal and Replacement'. Any unused R&M costs are returned to the district. Contracts-Landscape Soto's Lawn currently provides monthly landscape services to the district for a monthly fee of$6,902($82,830/year). Electricity-Streetlighting The District currently has 3 electric accounts with Lee County Cooperative for streetlights located on District Roads. Expenses are based on prior year's electric bills. The district receives a reimbursement for a portion of the decorative street lighting from Orchid Cove. Account No. Service Address 0051120000 0 Eveningstar Cay 4941120000 Newport Drive 5741120000 262 Stella Maris Utility-Irrigation The District is currently being billed by the Water/Sewer Fund of Port of the Islands CID for irrigation water for the common areas that the District is required to maintain. R&M-Renewal and Replacement Various costs incurred as needed including but not limited to the entrance,monuments, lighting and lake management. R&M-Roads&Alleyways Expenses incurred while maintaining District roadways. R&M-Signage This category includes costs for maintaining or replacing signage throughout the District. Annual Operating Budget Fiscal Year 2016 5 PORT OF THE ISLANDS Community Improvement District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2016 $ 857,892 Net Change in Fund Balance-Fiscal Year 2016 (0) Reserves-Fiscal Year 2016 Additions - Total Funds Available(Estimated)-9/30/2016 857,892 ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 103,762 (1) Subtotal 103,762 I Total Allocation of Available Funds 103,782 I Total Unassigned(undesignated)Cash $ 754,130 Notes (1)Represents approximately 3 months of operating expenditures Annual Operating and Debt Service Budget Fiscal Year 2016 6 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues,Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION A-No Increase in Assessments ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2016 APR-2016 SEP-2015 FY 2016 FY 2016 OPERATING REVENUES Interest-Investments $ 337 $ 337 $ 285 $ 92 $ 66 $ 158 $ 259 Water Revenue 41,561 45,207 53,700 32,211 23,008 55,219 53,700 Sewer Revenue 64,573 68,913 81,200 47,011 33,579 80,590 81,200 Irrigation Fees 91,707 95,066 110,900 65,297 46,641 111,938 110,900 Meter Fees - 2,500 - - - - - Net Inv(Decr)In FMV-Invest 2,942 (1,598) - - - - Special Assmnts-Tax Collector 1,048,562 854,375 1,139,500 794,646 46,178 840,824 840,824 Special Assmnts-Off Roll - - - - 298,676 298,676 298,676 Special Assmnts-Discounts (22,294) (22,782) (45,580) (24,754) - (24,754) (45,580) Other Miscellaneous Revenues 6,895 11,259 - 2,446 - 2,446 - TOTAL OPERATING REVENUES 1,234,283 1,053,277 1,340,005 916,949 448,148 1,365,097 1,339,979 OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 6,800 6,500 7,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 ProfServ-Engineering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 ProfServ-Legal Services 28,245 19,704 14,000 7,237 12,763 20,000 20,000 ProfServ-Mgmt Consulting Sery 28,482 29,336 30,216 17,626 12,590 30,216 31,122 ProfServ-Property Appraiser 17,025 17,025 17,093 17,096 - 17,096 12,612 ProfServ-Special Assessment 7,885 8,122 8,366 8,388 - 8,386 8,817 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - - - - Postage and Freight 786 883 1,200 549 269 818 700 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-General Liability 7,577 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 754 807 1,300 162 116 278 600 Legal Advertising 182 1,719 1,000 328 672 1,000 1,000 Miscellaneous Services 2,487 1,483 2,600 1,178 840 2,016 2,600 Misc-Assessmnt Collection Cost 12,670 10,470 22,790 14,960 1,856 18,818 16,616 Office Supplies 214 132 500 14 300 314 350 Depreciation Expense 491,203 494,510 - - - - - Total Personnel and Admlnistratio, 627,054 618,967 145,237 86,280 45,684 131,964 134,523 Water-Sewer Comb Services Contracts-Mgmt Services 302,932 309,533 309,533 180,561 128,972 309,533 309,533 Contracts-Other Services 1,750 1,750 - - - - - Contracts-Generator Maint - - 1,750 2,301 1,750 4,051 1,750 Communication-Teleph-Field 4,595 4,336 4,512 2,572 1,415 3,987 4,270 Utility -General 80,034 82,514 87,000 49,587 35,419 85,006 86,000 R&M-Irrigation 9,845 33,162 35,000 4,480 14,583 19,063 22,570 Annual Operating Budget Fiscal Year 2016 7 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues, Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION A-No Increase in Assessments ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 R&M-Lift Station - - - 114 4,000 4,114 6,000 R&M-Potable Water Lines - - - 4,331 - 4,331 6,000 R&M-Water Plant 47,699 56,446 20,000 13,076 - 13,076 10,000 R&M-Waste Water Plant 26,338 32,050 15,000 1,166 15,000 16,166 16,000 R&M-Sewer Lines - - - 3,315 3,000 6,315 6,000 R&M-BackflowInspection - - - 240 4,000 4,240 4,000 Misc-Bad Debt 1,267 99 - - - - - Misc-Licenses&Permits 4,375 7.375 7,375 - 7,375 7,375 7,375 Cap Outlay-Waste Water Plant - - 50,796 102,040 30,796 132,836 60,796 Total Water-Sewer Comb Services 478,835 527,265 530,966 363,783 246,311 610,094 540,294 Debt Service Principal Debt Retirement - - 532,827 - 532,827 532,827 551,529 Interest Expense 150,783 133073 172,533 10,211 112,322 122,533 103,831 Total Debt Service 150,783 133,073 655,360 10,211 645,149 655,360 655,360 TOTAL OPERATING EXPENSES 1,256,672 1,279,305 1,331,563 460,274 937,143 1,397,417 1,330,177 Operating income(loss) (22,389) (226,028) 8,442 456,675 (488,996) (32,321) 9,803 OTHER FINANCING SOURCES(USES) Interfund Transfer-In - 368,000 - - - - - Comp/Loss-Gen'I Capt'l Assets - (17,688) - - - - - Contribution to(Use of)Fund Balance - - - - - - - TOTAL OTHER SOURCES(USES) - 350,312 - - - - - Change in net assets (22,389) 124,284 8,442 456,675 (488,996) (32,321) 9,803 TOTAL NET ASSETS,BEGINNING 7,548,546 7,494,536 7,618,820 7,618,820 - 7,618,820 7,586499 TOTAL NET ASSETS,ENDING $7,494,536 $7,618,820 $7,627,262 $8,075,495 $(488,996) $7,586,499 $7,596,302 Annual Operating Budget Fiscal Year 2016 B PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues, Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION B-$100/ERU Increase ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 OPERATING REVENUES Interest-Investments $ 337 $ 337 $ 285 $ 92 $ 66 $ 158 $ 277 Water Revenue 41,581 45,207 53,700 32,211 23,008 55,219 53,700 Sewer Revenue 64,573 68,913 81,200 47,011 33,579 80.590 81,200 Irrigation Fees 91,707 95,066 110,900 65,297 46,641 111,938 110,900 Meter Fees - 2,500 - - - - - Net Incr(Deer)In FMV-Invest 2,942 (1,598) - - - - Special Assmnts-Tax Collector 1,046,562 854,375 1,139,500 794,648 48,178 840,824 915,338 Special Assmnts-Off Roll - - - - 298,676 298,676 325,144 Special Assmnts-Discounts (22,294) (22,782) (45,580) (24,754) - (24,754) (49,819) Other Miscellaneous Revenues 8,895 11,259 2,446 - 2.448 - TOTAL OPERATING REVENUES 1,234,283 1,053,277 1,340,005 916,949 448,148 1,365,097 1,438,938 OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 6,800 6,500 7,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 ProfServ-Englneering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 ProfServ-Legal Services 28,245 19,704 14,000 7,237 12,783 20,000 20,000 ProfServ-MgmtConsultingSery 28,482 29,336 30,216 17,626 12,590 30,216 31,122 ProfServ-Property Appraiser 17,025 17,025 17,093 17,096 - 17,096 13,730 ProfServ-Special Assessment 7,885 8,122 8,366 8,366 - 8,366 8,617 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - - - - Postage and Freight 786 883 1,200 549 269 818 700 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-GeneralLiability 7,577 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 754 807 1,300 162 116 278 600 Legal Advertising 162 1,719 1,000 328 672 1,000 1,000 Miscellaneous Services 2,467 1,463 2,600 1,176 840 2,016 2,600 Misc-Assessmnt Collection Cost 12,670 10,470 22,790 14,960 1,856 16,816 18,307 Office Supplies 214 132 500 14 300 314 350 Depreciation Expense 491,203 494,510 - - - - - Total Personnel and Administratia, 627,054 818,967 145,237 86,280 45,684 131,964 137,131 Water-Sewer Comb Services Contracts-Mgmt Services 302,932 309,533 309,533 180,561 128.972 309,533 309,533 Contracts-Other Services 1,750 1,750 - - - - - Contracts-Generator Maint - - 1,750 2,301 1,750 4,051 1,750 Communication-Teleph-Field 4,595 4,336 4,512 2,572 1,415 3,987 4,270 Utility -General 80,034 82,514 87,000 49,587 35,419 85,008 88,000 R&M-Irrigation 9,845 33,162 35,000 4,480 14,583 19,063 22,570 Annual Operating Budget Fiscal Year 2016 9 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues,Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION B-$100/ERU Increase ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 R&M-Lift Station - - - 114 4,000 4,114 6,000 R&M-Potable Water Lines - - - 4,331 - 4,331 6,000 R&M-Water Plant 47,699 56,446 20,000 13,076 - 13,076 10,000 R&M-Waste Water Plant 26,338 32,050 15,000 1,166 15,000 16,166 16,000 R&M-Sewer Lines - - - 3,315 3,000 6,315 6,000 R&M-Backflow Inspection - - - 240 4,000 4,240 4,000 Misc-Bad Debt 1,267 99 - - - - - Misc-Licenses&Permits 4,375 7,375 7,375 - 7,375 7,375 7,375 Cap Outlay-Waste Water Plant - - 50,796 102.040 30,796 132,836 60,798 Total Water-Sewer Comb Services 478,835 527,265 530,966 363,783 246,311 610,094 540,294 Debt Service Principal Debt Retirement - - 532,827 - 532,827 532,827 551,529 Interest Expense 150,783 133,073 122,533 10,211 112,322 122,533 103,831 Total Debt Service 150,783 133,073 655,360 10,211 645,149 655,360 655,360 TOTAL OPERATING EXPENSES 1,256,672 1,279,305 1,331,563 460,274 937,143 1,397,417 1,332,785 Operating income(loss) (22,389) (226,028) 8,442 456,675 (488,996) (32,321) 104,153 OTHER FINANCING SOURCES(USES) Interfund Transfer-In - 368,000 - - - - - Comp/Loss-Gen'l Capt'I Assets - (17,688) - - - - - Contribution to(Use of)Fund Balance - - - - - - - TOTAL OTHER SOURCES(USES) - 350,312 - - - - - Change in net assets (22,389) 124,284 8.442 456,675 (488,996) (32,321) 104,153 TOTAL NET ASSETS,BEGINNING 7,548,546 7,494,536 7,618,820 7,618,820 - 7,618,820 7,586,499 TOTAL NET ASSETS,ENDING $7,494,536 $7,618,820 $7,627,262 $8,075,495 $(488,996) $7,586,499 $7,690,653 Annual Operating Budget Fiscal Year 2016 10 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues, Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION C -$100/ERU Increase AND Utility Increase ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 OPERATING REVENUES Interest-Investments $ 337 $ 337 $ 285 $ 92 $ 66 $ 158 $ 283 Water Revenue 41,561 45,207 53,700 32,211 23008 55,219 59,070 Sewer Revenue 64,573 68,913 81,200 47,011 33,579 80,590 89,320 Irrigation Fees 91,707 95,066 110,900 65,297 46,641 111,938 121,990 Meter Fees - 2,500 - - - - - Net!nor(Decr)In FMV-Invest 2,942 (1,598) - - - - SpecialAssmnts-TaxCollector 1,048,562 854,375 1,139,500 794,646 46,178 840,824 915,336 Special Assmnts-Off Roll - - - - 298,676 298,676 325,144 Special Assmnts-Discounts (22,294) (22,782) (45,580) (24,754) - (24,754) (49,819) Other Miscellaneous Revenues 6,895 11,259 - 2,446 - 2,446 - TOTAL OPERATING REVENUES 1,234,283 1,053,277 1,340,005 916,949 448,148 1,365,097 1,461,524 OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 6,800 6,500 1,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 PrafServ-Engineering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 PrafServ-Legal Services 28,245 19,704 14,000 7,237 12,763 20,000 20,000 ProfSery-Mgmt Consulting Sery 28,482 29,336 30,216 17,626 12,590 30,216 31,122 PrafServ-Property Appraiser 17,025 17,025 17,093 17,096 - 17,096 13,730 ProfServ-Special Assessment 7,885 8,122 8,366 8,366 - 8,366 8,617 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - - - - Postage and Freight 786 883 1,200 549 269 818 700 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-General Liability 7,577 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 754 807 1,300 162 116 278 600 Legal Advertising 162 1,719 1,000 328 872 1,000 1,000 Miscellaneous Services 2,467 1,463 2,600 1,176 840 2,016 2,600 Misc-Assessmnt Collection Cost 12,670 10,470 22,790 14,960 1,856 16,816 18,307 Office Supplies 214 132 500 14 300 314 350 Depreciation Expense 491,203 494,510 - - - - - Total Personnel and Administratlor 827,054 818,987 145,237 88,280 45,884 131,984 137,131 Water-Sewer Comb Services Contracts-Mgmt Services 302,932 309,533 309,533 180,561 128,972 309,533 309,533 Contracts-Other Services 1,750 1,750 - - - - - Contracts-Generator Maint - - 1,750 2,301 1,750 4,051 1,750 Communication-Teleph-Field 4,595 4,336 4,512 2,572 1,415 3,987 4,270 Utility -General 80,034 82,514 87,000 49,587 35,419 85,008 86,000 R&M-Irrigation 9,845 33,182 35,000 4,480 14,583 19,063 22,570 Annual Operating Budget Fiscal Year 2016 11 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues, Expenses and Changes in Net Assets Fiscal Year 2016 Proposed Budget OPTION C-$100/ERU Increase AND Utility Increase ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 R&M-Lift Station - - - 114 4,000 4,114 6,000 R&M-Potable Water Lines - - - 4,331 - 4,331 8,000 R&M-Water Plant 47,899 56,446 20,000 13,076 - 13,076 10,000 R&M-Waste Water Plant 26,338 32,050 15,000 1,166 15,000 16,166 16,000 R&M-Sewer Lines - - 3,315 3.000 6,315 6,000 R&M-Backflow Inspection - - - 240 4,000 4,240 4,000 Misc-Bad Debt 1,267 99 - - - - - Misc-Licenses&Permits 4,375 7,375 7,375 - 7,375 7,375 7,375 Cap Outlay-Waste Water Plant - - 50,796 102,040 30,796 132,836 60,796 Total Water-Sewer Comb Services 478,835 527,265 530,968 363,783 248,311 610,094 540,294 Debt Service Principal Debt Retirement - - 532,827 - 532,827 532,827 551,529 Interest Expense 150,783 133,073 122,533 10,211 112,322 122,533 103,831 Total Debt Service 150,783 133,073 655,360 10,211 645,149 655,360 655,360 TOTAL OPERATING EXPENSES 1,256,672 1,279,305 1,331,563 460,274 937,143 1,397,417 1,332,785 Operating income(loss) (22,389) (226,028) 8,442 456,675 (488,996) (32,321) 128,739 OTHER FINANCING SOURCES(USES) Interfund Transfer-In - 368,000 - - - - - Comp/Loss-Gen'ICapt'I Assets - (17,688) - - - - - Contribution to(Use of)Fund Balance - - - - - - - I TOTAL OTHER SOURCES(USES) - 350,312 - - - - - Change in net assets (22,389) 124,284 8,442 456,675 (488,998) (32,321) 128,739 TOTAL NET ASSETS,BEGINNING 7,548,546 7,494,536 7,618,820 7,618,820 - 7,618,820 7,586,499 TOTAL NET ASSETS,ENDING $7,494,536 $7,618,820 $7,627,262 $8,075,495 $(488,996) $7,586,499 $7,715,239 Annual Operating Budget Fiscal Year 2016 12 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 REVENUES Interest-Investments The District earns interest income on their operational accounts. Water Revenue Budget is based on prior year's water consumption and anticipated use. Sewer Revenue Budget is based on prior year's water consumption and anticipated use. Irrigation Fees Budget is based on prior year's water consumption and anticipated use. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the debt service expenditures during the Fiscal Year. Special Assessments-Off Roll The District will invoice and collect Non-Ad Valorem assessments,on certain properties within the District, off roll in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4%of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative P/R Board of Supervisor Salaries Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for a meeting attendance and to receive $200 per meeting plus payroll taxes. The amount for the Fiscal Year is based on 5 Board members paid for attending 14 meetings. The fees will be split evenly with the General Fund. FICA Taxes Payroll taxes for supervisor salaries are calculated as 7.65%of payroll. Professional Services-Engineering The District's engineer provides general engineering services to the District, i.e. attendance and preparation for monthly board meetings when requested, review of invoices, and other specifically requested assignments. The fees will be split evenly with the General Fund. Professional Services-Legal Services The District's Attorney provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.The fees will be split evenly with the General Fund. Professional Services-Management Consulting Services The District receives Management, Accounting and Administrative services as part of a Management Agreement with Severn Trent Management Services,Inc. Annual Operating Budget Fiscal Year 2016 13 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Professional Services-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The FY2016 budget for collection costs was based on 1.5% of the anticipated assessment collections. Professional Services-Special Assessment The District has contracted with Severn Trent Management Services, Inc. to levy annual assessments, update the District's tax roll,prepare estoppel letters and handle any customer service questions regarding assessments. Auditing Services The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The fees will be split evenly with the General Fund. Postage and Freight This represents actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. The fees will be split with the General Fund evenly. Water and sewer billing costs (i.e. international mailing)will be recorded in the water and sewer fund only. Rentals—Meeting Room The District is charged$50 per occurrence for the use of the meeting room at which the district's meetings are held. The district anticipates holding 14 meetings during the year. This cost will be shared evenly with the General Fund. Insurance—General Liability The District currently has its Insurance Policy with the Florida Municipal Insurance Trust.The FY 2016 budget includes an estimated 15%increase of the actual FY 2015 premium. Printing and Binding Copies used in the preparation of agenda packages,required mailings,and other special projects. The budgeted amount for the fiscal year is based on prior year spending and anticipated costs. The fees will be split with the General Fund based on the percent budgeted for each fund. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation. The board has chosen to advertise for their meetings annually. The fees will be split with the General Fund based on the percent budgeted for each fund. Miscellaneous Services This includes bank charges and any miscellaneous expenses that may be incurred during the year. Miscellaneous-Assessment Collection Cost The District reimburses the Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2%on the amount of special assessments collected and remitted,whichever is greater. The FY2016 budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Office Supplies Supplies used in the preparation and binding of agenda packages, required mailings,and other special projects. The fees will be split with the General Fund based on the percent budgeted for each fund. Annual Operating Budget Fiscal Year 2016 14 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 [EXPENDITURES Water-Sewer Comb Services Contracts-Mgmt Services The District has contracted with Severn Trent Environmental Services to provide operating, maintenance and field management services. This contract includes a predetermined amount of R&M costs. Costs above the specified amount are recorded as'R&M-Renewal and Replacement' Any unused R&M costs are returned to the district. Contracts-Generator Maintenance Preventative generator maintenance services will be provided by Superior Power. Communication—Teleph—Field Century Link and Sprint provide communication services to the District. The following accounts are included in this line item: Vendor Description Annual Amount Century Link Plant Land Line (239-642-9219) $2,700 Century Link Plant Fax Line (239-642-9392) 600 Simplex Grinnell Alarm Monitoring 850 Sprint Automated svc to notify Bob of power failures 120 Total $4,270 Utility-General The District currently has 10 electric accounts with Lee County Cooperative for irrigation, lift stations, water and waste water plant.The estimated cost is based on prior year's average monthly electric bills and anticipated use. Account No. Service Address Svc.Type 9741120000 25000 E.Tamiami Irrigation 1941120000 0 Port of the Islands Irrigation 3841120000 119 Newport Drive Irrigation 7841120000 Union Road Irrigation 0941120000 245 Stella Maris Drive Lift Station 1841120000 0 Newport Drive Lift Station 7624900000 160 Cays Drive Lift Station 6941120000 0 Cays Drive Lift Station 3083520000 0 Newport Drive Lift Station 3941120000 86112700 P Islands Waste Water R&M—Irrigation Repair and maintenance costs associated with the main pumps and other irrigation equipment at the plant. R&M-Lift Station Repair and maintenance costs associated with the lift stations. R&M—Potable Water Lines Repair and maintenance costs associated with the water lines throughout the district. R&M—Water Plant Repair and maintenance costs associated with the water plant. R&M—Waste Water Plant Repair and maintenance costs associated with the waste water plant. Annual Operating Budget Fiscal Year 2016 15 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 [EXPENDITURES Field(continued) R&M-Sewer Lines Repair and maintenance costs associated with the sewer lines throughout the district. R&M-Backflow Inspection Costs for periodic backflow inspections and repairs. Miscellaneous-Licenses& Permits Costs incurred for various licenses and permits pertaining to the water and waste water plants including an annual drinking water license and waste water regulatory fee. Capital Outlay—Waste Water Plant Funds spent on capital improvement projects for the water and waste water plants. • W-19$10,000 VIDEO SURVEILLANCE AND MONITORING • Ww-23$30,796 SCADA AND CONTROL PANEL • Ww-24$20,000 MBR MEMBRANES Debt Service Principal Debt Retirement Principal payment due on Series 2010 bond. Interest Expense Interest payment due on Series 2010 bond. Annual Operating Budget Fiscal Year 2016 16 PORT OF THE ISLANDS Community Improvement District Debt Amortization Series 2010 Bond Period Coupon Debt Annual Debt Ending Principal Rate Interest Service Service 11/1/2015 $51,915.45 651,915.45 5/1/2016 $551,528.72 3.510% $51,915.45 $603,444.17 $655,359.621 11/1/2016 $42,236.12 $42,236.12 5/1/2017 $570,887.38 3.510% 342,236.12 $613,123.50 $655,359 62 11/1/2017 $32,217.04 $32,217.04 5/1/2018 $590,925.52 3.510% $32,217.04 $623,142.56 $655,359.60 11/1/2018 $21,846.30 $21,846.30 5/1/2019 $611,667.01 3.510% $21,846.30 $633,513.31 $655,359.61 11/1/2019 $11,111.55 $11,111.55 5/1/2020 $633,136.52 3.510% $11,111.55 $644,248.07 $655,359.62 Total $3,490,971.66 $441,186.02 $3,932,157.68 $3,932,157.68 Annual Operating Budget Fiscal Year 2016 17 Port of the Islands Community Improvement District Supporting Budget Schedules Fiscal Year 2016 PORT OF THE ISLANDS Community Improvement District Port of the Islands Community Improvement District Non-Ad Valorem Assessment Roll FY 2015-2016 OPTION A-No Increase in Assessments Product Maint.ERC Maint/ERC W/S ERC WIS Standby W/S Capital Total per Type Allocation $ 395.45 Allocation I $1,128.44 Product $417 $711 Hotel Room 1.00 $395 0.60 $250 $427 $1,073 Condo Unit 1.00 $395 0.80 $334 $569 $1,298 Single Family 1.00 $395 1.00 $417 $711 $1,524 Comparison FY 2015 to FY 2016 Product Total Total Increase Type FY 2016 FY 2015 (Decrease) Change Hotel Room $1,073 $1,073 $0 0% Condo Unit $1,298 $1,298 $0 0% Single Family $1,524 $1,524 $0 0% Annual Operating Budget Fiscal Year 2016 18 PORT OF THE ISLANDS Community Improvement District Port of the Islands Community Improvement District Non-Ad Valorem Assessment Roll FY 2015-2016 OPTION B-$100/ERU Increase Product Maint.ERC Maint/ERC W/S ERC W/S Standby W/S Capital Total per Type Allocation $ 395.45 Allocation $1,228.44 Product $417 $811 Hotel Room 1.00 $395 0.60 $250 $487 $1,133 Condo Unit 1.00 $395 0.80 $334 $649 $1,378 Single Family 1.00 $395 1.00 $417 $811 $1,624 Comparison FY 2015 to FY 2016 Product Total Total Increase % Type FY 2016 FY 2015 (Decrease) Change Hotel Room $1,133 $1,073 $60 6% Condo Unit $1,378 $1,298 $80 6% Single Family $1,624 $1,524 $100 7% Annual Operating Budget Fiscal Year 2016 19 PORT OF THE ISLANDS Community Improvement District Port of the Islands Community Improvement District Non-Ad Valorem Assessment Roll FY 2015-2016 OPTION C-$100/ERU Increase AND Utility Increase Product Maint.ERC MainUERC W/S ERC W/S Standby W/S Capital Total per Type Allocation $ 395.45 Allocation $1,228.44 I Product $417 $811 Hotel Room 1.00 $395 0.60 $250 $487 $1,133 Condo Unit 1.00 $395 0.80 $334 $649 $1,378 Single Family 1.00 $395 1.00 $417 $811 $1,624 Comparison FY 2015 to FY 2016 Product Total Total Increase % Type FY 2016 FY 2015 (Decrease) Change Hotel Room $1,133 $1,073 $60 6% Condo Unit $1,378 $1,298 $80 6% Single Family $1,624 $1,524 $100 7% Annual Operating Budget Fiscal Year 2016 20 PORT OF THE ISLANDS Community Improvement District Al!Funds Capital Improvement Program-Status Report Updated thru 4/30/15 WATER PROGRAM PROJECT PAID NO FY 2015 PAID IN FY PROJECT PROJECT NAME OR DESCRIPTION ESTIMATE(1) 2015 Itl INCEPTION TO FY 2018 FY 2017 FY 2018 FY 2019 STATUS DATE W-19 Video surveillance and monitoring $ - $ - $ - $ 10800 $ - $ - $ - ST project W-22 Fire hydrant repair and replacement $ - $ - $ 3,090 $ - $ - S - $ - ST project Total Water Program $ - S - $ 3,090 $ 10,000 $ - $ - $ - WASTEWATER PROGRAM ST combined WW-23 SCADA and control panel for lift stations $ 30,796 $ - $ 77,137 $ 30,796 $ 30,796 $ - $ - w/WW-26 WW-24 MBR Membranes $ - S - $ - $ 20,000 $ - $ - S - ST WW-25 Misc.Equipment Replacement $ - $ - $ - $ - $ - $ $ WW-28 Replace lift station control panel $ 102,040 $ 102.040 $ 102.040 $ - $ - $ - S - Total Wastewater Program $ 132,836 $ 102,040 $ 179,177 $ 50,798 _$ 30,798 $ $ - Total WaterlSewer Fund'$ 132,836 I$ 102,040 1$ 182,266 I$ 60,796 I$ 30,796 I$ -I$ - NOTE I11:The amounts shown in the'FY 2015 ESTIMATE'columns reflect the most recent approximation of what the District expects to spend on each project between October 1,2014 and September 30,2015. NOTE i0: The amounts shown in the'PAID IN FY 2015'column reflects project expenses incurred between October 1,2014 and September 30,2015. The total of these columns will tie to the amounts reported as'Year to Date Actual-Capital Out/ay'in the corresponding monthly financial statements. NOTE(3): The'PAID INCEPTION TO DATE'columns reflect any payments made between FY 2006 and present. Annual Operating Budget 21 Fiscal Year 2016 RESOLUTION 2015-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PORT OF THE ISLANDS COMMUNITY IMPROVEMENT DISTRICT APPROVING THE BUDGET FOR FISCAL YEAR 2016 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW WHEREAS,the District Manager has heretofore prepared and submitted to the Board a proposed Operating and/or Debt Service Budget for Fiscal Year 2016; a copy of which is attached hereto,and WHEREAS,the Board of Supervisors has considered said Proposed Budget and desires to set the required Public Hearing thereon; NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE PORT OF THE ISLANDS COMMUNITY IMPROVEMENT DISTRICT; 1. The Budget proposed by the District Manager for Fiscal Year 2016 is hereby approved as the basis for conducting a Public Hearing to adopt said Budget. 2. A Public Hearing on said Approved Budget is hereby declared and set for the following date,hour and location: .S p n-,64.r4 Date: Friday, 2015 Hour: 10:00 a.m. Location: Orchid Cove Clubhouse 25005 Peacock Lane Naples,Florida 34114 Notice of this Public Hearing shall be published in the manner prescribed by Florida Law. In accordance with Section 189.016,Florida Statutes,the District's Secretary is further directed to post this Proposed Budget on the District's website at least two days before the Budget Hearing date,as set forth in Section 2. Adopted this 22"d day of May,2015. J.Anthonar. Cam/ Calvin Tea!,- i Secretary Port of the Islands Community Improvement District Severn Trent Management Services 210 North University Drive, Suite 702 Coral Springs,Florida 33071 Telephone: (954)753-5841 • Fax: (954)345-1292 Via Federal Express June 10,2015 Mr. Leo E.Ochs,Jr. Mr. A. William Moss Collier County Manager Naples City Manager 3299 Tamiami Trail East City Hall Suite 202 735 Eighth Street South Naples,Florida 34112 Naples,Florida 34102 RE: Proposed Annual Operating and Debt Service Budget for Fiscal Year 2016 Dear Messrs. Ochs and Moss: In accordance with Chapter 190.008(2)(b) of the Florida Statutes, the District is required to submit to the local governing authorities having jurisdiction over the area included in the District, for purposes of disclosure and information only, the proposed annual Budget for the ensuing Fiscal Year at least sixty(60)days prior to the Public Hearing. The District's Public Hearing is scheduled as follows: Date: Friday, September 4,2015 Time: 10:00 a.m. Place: Orchid Cove Clubhouse 25005 Peacock Lane Naples,Florida 34114 I am pleased to enclose a revised version of the District's Proposed Annual Operating and Debt Service Budget for Fiscal Year 2016 as required by Statute and request you post it to the County's website under Special Districts. If you have any questions or comments, please feel free to contact me directly at(239)245-7118. Sincerely, Ref: POI REVISED BUDS Date: 10Jun1S SHIPPING: 0.00 Dap: Recording Wgt: 1.00 LBS SPECIAL: 0.00 CQrir T HANDLING: 0.00 6 DV: U-OU TOTAL; 0.00 Calvin Teague Svcs: 189k:6433 9365 8956 District Manager 0.00 Ref: POI REVISED BURG Dete: 10JunIS SHIPPING: 0.00 Enclosure pep: RECORDING Wgt: 1.00 LBS HANDLING: 0.00 DV: 0.00 TOTAL: 0.00 cc: District Files(agency) Svss. TflCNa6433 9365 8967 PORT OF THE ISLANDS Community Improvement District Annual Operating Budget Fiscal Year 2016 Version 2-Approved Tentative Budget (Approved on 5/2272015) Prepared by: SEVERN TRENT SERVICES PORT OF THE ISLANDS Community Improvement District Table of Contents Page# OPERATING BUDGET General Fund Summary of Revenues,Expenditures and Changes in Fund Balances 1-2 BudgetNarrative 3-5 Exhibit A-Allocation of Fund Balances 6 Water and Sewer Fund Summary of Revenues,Expenditures and Changes in Fund Balances 7-8 Budget Narrative ............................................................. 9-12 .................................... Amortization Schedule 13 SUPPORTING BUDGET SCHEDULES 2015-2016 Non-Ad Valorem Assessment Summary 14 CIP Schedule 15 Port of the Islands Community Improvement District Operating Budget Fiscal Year 2016 PORT OF THE ISLANDS Community Improvement District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2016 Approved Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2016 SEP-2016 FY 2016 FY 2016 REVENUES Interest-Investments $ 3,324 $ 2,262 $ 2,153 $ 1,052 $ 895 $ 1,947 $ 1,673 Net Incr(Decr)In FMV-Invest 1,580 (858) - - - - Interest-Tax Collector 32 - - 22 - 22 - Special Assmnts-Tax Collector 402,232 327,741 430,597 315,760 18,349 334,109 334,109 Special Assmnts-Off Roll - - - - 96,490 96,490 96,490 Special Assmnts-Discounts (8,552) (8,739) (17,224) (9,836) - (9,836) (17,224) Other Miscellaneous Revenues 1,575 1,162 - 1,870 - 1,870 - TOTAL REVENUES 400,191 321,568 415,526 308,868 115,733 424,601 415,048 1 EXPENDITURES Administrative P/R-Board of Supervisors 6,800 6,500 7,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 ProfServ-Engineering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 ProfServ-Legal Services 28,245 19,705 14,000 7,237 12,763 20,000 20,000 ProfServ-Mgmt Consulting Sery 28,365 29,216 30,092 17,554 12,538 30,092 30,995 ProfServ-Property Appraiser 6,531 6,531 6,459 6,460 - 6,460 5,012 ProfServ-Speaal Assessment 9,243 9,520 9,806 9,806 - 9,806 10,100 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - - - Postage and Freight 1,030 724 1,200 190 136 326 600 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-General Liability 8,103 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 1,008 807 1,300 162 116 278 600 Legal Advertising 223 1,719 1,000 328 672 1,000 1,000 Miscellaneous Services 543 425 1,380 419 299 718 1,360 Misc-Assessmnt Collection Cost 4,860 4,016 8,612 5,944 738 6,682 6,682 Misc-Web Hosting 969 969 1,000 496 504 1,000 1,000 Office Supplies 188 132 500 14 300 314 350 Annual District Filing Fee 175 175 175 175 - 175 175 Total Administrative 119,063 108,735 121,696 67,551 44,344 111,895 117,999 Field Contracts-Mgmt Services 97,123 100,000 100,000 58,333 41,667 100,000 100,000 Contracts-Landscape 85,727 82,830 82,830 48,317 34,512 82,829 82,830 Electricity-Streetlighting 18,154 15,176 19,000 8,678 6,199 14,877 18,000 Utility-Irrigation 13,060 15,956 17,000 8,925 6,375 15,300 17,000 R&M-Renewal and Replacement 12,714 33,564 70,000 840 69,160 70,000 70,000 R&M-Roads&Alleyways - 8,295 4,000 19,000 - 19,000 8,220 R&M-Signage - 1,525 1,000 84 916 1.000 1,000 Total Field 228,778 257,346 293,830 144,177 158,829 303,006 297,050 TOTAL EXPENDITURES 345,841 366,081 415,526 211,728 203,173 414,901 415,048 Annual Operating Budget Fiscal Year 2016 1 PORT OF THE ISLANDS Community Improvement District General Fund Summary of Revenues, Expenditures and Changes in Fund Balances Fiscal Year 2016 Approved Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 Excess(deficiency)of revenues Over(under)expenditures 54,350 (44,513) - 97,140 (87,440) 9,700 (0) OTHER FINANCING SOURCES(USES) Operating Transfers-Out - (368,000) - - - - - Contribution to(Use of)Fund Balance - - - - - - (0) TOTAL OTHER SOURCES(USES) - (368,000) - - - - (0)1 Net change in fund balance 54,350 (412,513) - 97,140 (87,440) 9,700 (0) FUND BALANCE,BEGINNING 1,206,355 1,260,705 848,192 848,192 - 848,192 857,892 FUND BALANCE,ENDING $ 1,260,705 $848,192 $848,192 $945,332 $ (87,440) $ 857,892 $857,892 Annual Operating Budget Fiscal Year 2016 2 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 REVENUES Interest-Investments The District earns interest on the monthly average collected balance for their operating accounts. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Off Roll The District will invoice and collect Non-Ad Valorem assessments,on certain properties within the District,off roll in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197,162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4%of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative P/R-Board of Supervisors Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated$200 per meeting at which they are in attendance. The amount for the Fiscal Year is based on 5 Board members paid for attending 14 meetings. The fees will be split evenly with the Water&Sewer Fund. FICA Taxes Payroll taxes for supervisor salaries are calculated as 7.65%of payroll. Professional Services-Engineering The District's engineer provides general engineering services to the District, i.e. attendance and preparation for monthly board meetings when requested, review of invoices,and other specifically requested assignments. The budgeted amount for the fiscal year is based on prior year spending and anticipated costs. The cost will be split evenly with the Water& Sewer Fund. Professional Services-Legal Services The District's Attorney provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed by the Board of Supervisors and the District Manager. The fees will be split evenly with the Water&Sewer Fund based on the percent budgeted for each fund. Professional Services-Management Consulting Services The District receives Management, Accounting and Administrative services as part of a Management Agreement with Severn Trent Environmental Services, Inc. Professional Services-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The budget for collection costs was based on 1.5%of the anticipated assessment collections. Annual Operating Budget Fiscal Year 2016 3 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Professional Services-Special Assessment The District has contracted with Severn Trent Management Services, Inc. to levy annual assessments, update the District's tax roll,prepare estoppel letters and handle any customer service questions regarding assessments. Auditing Services The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. Costs will be split evenly with the Water&Sewer Fund. Postage and Freight This represents costs associated with actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. The fees will be split evenly with the Water&Sewer Fund. Rentals—Meeting Room The District is charged $50 per occurrence for the use of the meeting room at which the District's meetings are held. The district anticipates holding 14 meetings. This fee will be split evenly with the Water&Sewer Fund. Insurance—General Liability The District currently has its Insurance Policy with the Florida Municipal Insurance Trust. This includes general liability, storage tank and property insurance. The FY 2016 budget includes an estimated 15% increase of the actual FY 2015 premium. Printing and Binding This represents costs associated with copies used in the preparation of agenda packages, required mailings, and other special projects. The budgeted amount for the fiscal year is based on prior year spending. The fees will be split with the Water&Sewer Fund based on the percent budgeted for each fund. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.The board will advertise for their meetings annually. The fees will be split with the Water&Sewer Fund based on the percent budgeted for each fund. Miscellaneous Services This includes monthly bank charges and any other miscellaneous expenses that may be incurred during the year. Miscellaneous-Assessment Collection Costs The District reimburses the Collier County Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2%on the amount of special assessments collected and remitted, whichever is greater. The FY2016 budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Miscellaneous-Web Hosting The District expects to incur costs associated with Web Hosting. Office Supplies Supplies used in the preparation and binding of agenda packages, required mailings,and other special projects. Annual Operating Budget Fiscal Year 2016 4 PORT OF THE ISLANDS Community Improvement District General Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Annual District Filing Fee The District is required to pay an annual fee of$175 to the Department of Economic Opportunity Division of Community Development. Field Contracts-Mgmt Services The District has contracted with Severn Trent Environmental Services to provide operating, maintenance and field management services. This contract includes a predetermined amount of R&M costs. Costs above the specified amount are recorded as'R&M-Renewal and Replacement'. Any unused R&M costs are retumed to the district. Contracts-Landscape Soto's Lawn currently provides monthly landscape services to the district for a monthly fee of$6,902($82,830/year). Electricity-Streetlighting The District currently has 3 electric accounts with Lee County Cooperative for streetlights located on District Roads. Expenses are based on prior year's electric bills. The district receives a reimbursement for a portion of the decorative street lighting from Orchid Cove. Account No. Service Address 0051120000 0 Eveningstar Calf 4941120000 Newport Drive 5741120000 262 Stella Maris Utility-Irrigation The District is currently being billed by the Water/Sewer Fund of Port of the Islands CID for irrigation water for the common areas that the District is required to maintain. R&M-Renewal and Replacement Various costs incurred as needed including but not limited to the entrance,monuments, lighting and lake management. R&M-Roads&Alleyways Expenses incurred while maintaining District roadways. R&M-Signage This category includes costs for maintaining or replacing signage throughout the District. Annual Operating Budget Fiscal Year 2016 5 PORT OF THE ISLANDS Community Improvement District General Fund Exhibit"A" Allocation of Fund Balances AVAILABLE FUNDS Amount Beginning Fund Balance-Fiscal Year 2016 $ 857,892 Net Change in Fund Balance-Fiscal Year 2016 (0) Reserves-Fiscal Year 2016 Additions - (Total Funds Available(Estimated)-9/30/2016 857,892 I ALLOCATION OF AVAILABLE FUNDS Assigned Fund Balance Operating Reserve-First Quarter Operating Capital 103,762 (1) Subtotal 103,762 I Total Allocation of Available Funds 103,762 I Total Unassigned(undesignated)Cash $ 754,130 Notes (1)Represents approximately 3 months of operating expenditures Annual Operating and Debt Service Budget Fiscal Year 2016 6 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues,Expenses and Changes in Net Assets Fiscal Year 2016 Approved Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 OPERATING REVENUES Interest-Investments $ 337 $ 337 5 285 $ 92 $ 66 $ 158 $ 283 Water Revenue 41,561 45,207 53,700 32,211 23,008 55,219 59,070 Sewer Revenue 64,573 68,913 81,200 47,011 33,579 80,590 89,320 Irrigation Fees 91,707 95,066 110,900 65,297 46,641 111,938 121,990 Meter Fees - 2,500 - - - - - Net Ina(Decr)In FMV-Invest 2,942 (1,598) - - - - SpecialAssmnts-TaxCollector 1,048,562 854,375 1,139,500 794,646 46,178 840,824 915,336 Special Assmnts-Off Roll - - - - 298,676 298,676 325,144 Special Assmnts-Discounts (22,294) (22,782) (45,580) (24,754) - (24,754) (49,819) Other Miscellaneous Revenues 6,895 11,259 - 2,448 - 2,446 - TOTAL OPERATING REVENUES 1,234,283 1,053,277 1,340,005 918,949 448,148 1,365,097 1,461,524 OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 6,800 6,500 7,000 3,300 3,000 6,300 7,000 FICA Taxes 520 497 536 252 230 482 536 ProfServ-Engineering 18,450 16,010 26,000 5,128 10,833 15,961 19,000 ProfServ-Legal Services 28,245 19,704 14,000 7,237 12,763 20,000 20,000 ProfServ-Mgmt Consulting Sery 28,482 29,336 30,216 17,626 12,590 30,218 31,122 ProfServ-Property Appraiser 17,025 17,025 17,093 17,096 - 17,096 13,730 ProfServ-Special Assessment 7,885 8,122 8,366 8,366 - 8,366 8,617 Auditing Services 3,500 3,500 3,500 3,500 - 3,500 3,500 Communication-Telephone 14 - - - Postage and Freight 786 883 1,200 549 269 818 700 Rental-Meeting Room 300 300 350 175 175 350 350 Insurance-General Liability 7,577 7,989 8,786 6,411 2,041 8,452 9,719 Printing and Binding 754 807 1,300 182 118 278 600 Legal Advertising 162 1,719 1,000 328 672 1,000 1,000 Miscellaneous Services 2,467 1,463 2,600 1,176 840 2,016 2,600 Misc-Assessmnt Collection Cost 12,670 10,470 22,790 14,960 1,856 16,816 18,307 Office Supplies 214 132 500 14 300 314 350 Depreciation Expense 491,203 494,510 - - - - - Total Personnel and Administration 627,054 818,967 145,237 86,280 45,684 131,964 137,131 Water-Sewer Comb Services Contracts-Mgmt Services 302,932 309,533 309,533 180,561 128,972 309,533 309,533 Contracts-Other Services 1,750 1,750 - - - - - Contracts-GeneratorMaint - - 1,750 2,301 1,750 4,051 1,750 Communication-Teleph-Field 4,595 4,336 4,512 2,572 1,415 3,987 4,270 Utility -General 80,034 82,514 87,000 49,587 35,419 85,008 88,000 R&M-Irrigation 9,845 33,162 35,000 4,480 14,583 19,063 22,570 Annual Operating Budget Fiscal Year 2016 7 PORT OF THE ISLANDS Community Improvement District Water And Sewer Fund Summary of Revenues,Expenses and Changes in Net Assets Fiscal Year 2016 Approved Tentative Budget ADOPTED ACTUAL PROJECTED TOTAL ANNUAL ACTUAL ACTUAL BUDGET THRU MAY- PROJECTED BUDGET ACCOUNT DESCRIPTION FY 2013 FY 2014 FY 2015 APR-2015 SEP-2015 FY 2015 FY 2016 R&M-Lift Station - - - 114 4,000 4,114 8,000 R&M-Potable Water Lines - - - 4,331 - 4,331 6,000 R&M-Water Plant 47,699 56,446 20,000 13,076 - 13,076 10,000 R&M-Waste Water Plant 28,338 32,050 15,000 1,166 15,000 16,168 16,000 R&M-Sewer Lines - - 3,315 3,000 6,315 6,000 R&M-Backflow Inspection - - - 240 4,000 4,240 4,000 Misc-Bad Debt 1,267 99 - - - - - Misc-Licenses&Permits 4,375 7,375 7,375 - 7,375 7,375 7,375 Cap Outlay-Waste Water Plant - - 50,796 102,040 30,796 132,836 60,796 Total Water-Sewer Comb Services 478,835 527,265 530,966 363,783 246,311 610,094 540,294 Debt Service Principal Debt Retirement - - 532,827 - 532,827 532,827 551,529 Interest Expense 150,783 133,073 122,533 10,211 112,322 122,533 103,831 Total Debt Service 150,783 133,073 655,360 10,211 645,149 655,380 655,380 TOTAL OPERATING EXPENSES 1,256,672 1,279,305 1,331,563 460,274 937,143 1,397,417 1,332,785 Operating income(loss) (22,389) (226,028) 8,442 456,675 (488,996) (32,321) 128,739 OTHER FINANCING SOURCES(USES) Interfund Transfer-In - 368,000 - - - - - Comp/Loss-Gen'I Capt'I Assets - (17,688) - - - - - Contribution to(Use of)Fund Balance - - - - - - - TOTAL OTHER SOURCES(USES) - 350,312 - - - - - Change in net assets (22,389) 124,264 8.442 456,875 (488,996) (32,3212 128,739 TOTAL NET ASSETS,BEGINNING 7,548,546 7,494,536 7,618,820 7,618,820 - 7,618,820 7,586,499 TOTAL NET ASSETS,ENDING $7,494,536 $7,618,820 $7,627,262 $8,075,495 $(488,996) $7,586,499 $7,715,239 Annual Operating Budget Fiscal Year 2016 8 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 REVENUES Interest-Investments The District earns interest income on their operational accounts. Water Revenue Budget is based on prior year's water consumption and anticipated use. Sewer Revenue Budget is based on prior year's water consumption and anticipated use. Irrigation Fees Budget is based on prior year's water consumption and anticipated use. Special Assessments-Tax Collector The District will levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the debt service expenditures during the Fiscal Year. Special Assessments-Off Roll The District will invoice and collect Non-Ad Valorem assessments, on certain properties within the District,off roll in order to pay for the operating expenditures during the Fiscal Year. Special Assessments-Discounts Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4%of the anticipated Non-Ad Valorem assessments. EXPENDITURES Administrative P/R Board of Supervisor Salaries Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for a meeting attendance and to receive $200 per meeting plus payroll taxes. The amount for the Fiscal Year is based on 5 Board members paid for attending 14 meetings. The fees will be split evenly with the General Fund. FICA Taxes Payroll taxes for supervisor salaries are calculated as 7.65%of payroll. Professional Services-Engineering The District's engineer provides general engineering services to the District, i.e. attendance and preparation for monthly board meetings when requested, review of invoices, and other specifically requested assignments. The fees will be split evenly with the General Fund, Professional Services-Legal Services The District's Attorney provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.The fees will be split evenly with the General Fund. Professional Services-Management Consulting Services The District receives Management, Accounting and Administrative services as part of a Management Agreement with Severn Trent Management Services, Inc. Annual Operating Budget Fiscal Year 2016 9 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Administrative(continued) Professional Services-Property Appraiser The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The FY2016 budget for collection costs was based on 1.5% of the anticipated assessment collections. Professional Services-Special Assessment The District has contracted with Severn Trent Management Services, Inc. to levy annual assessments, update the District's tax roll,prepare estoppel letters and handle any customer service questions regarding assessments. Auditing Services The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The fees will be split evenly with the General Fund. Postage and Freight This represents actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. The fees will be split with the General Fund evenly. Water and sewer billing costs (i.e. international mailing)will be recorded in the water and sewer fund only. Rentals—Meeting Room The District is charged$50 per occurrence for the use of the meeting room at which the district's meetings are held. The district anticipates holding 14 meetings during the year. This cost will be shared evenly with the General Fund. Insurance—General Liability The District currently has its Insurance Policy with the Florida Municipal Insurance Trust.The FY 2016 budget includes an estimated 15%increase of the actual FY 2015 premium. Printing and Binding Copies used in the preparation of agenda packages,required mailings,and other special projects. The budgeted amount for the fiscal year is based on prior year spending and anticipated costs. The fees will be split with the General Fund based on the percent budgeted for each fund. Legal Advertising The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation. The board has chosen to advertise for their meetings annually. The fees will be split with the General Fund based on the percent budgeted for each fund. Miscellaneous Services This includes bank charges and any miscellaneous expenses that may be incurred during the year. Miscellaneous-Assessment Collection Cost The District reimburses the Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax Collector for the actual cost of collection or 2%on the amount of special assessments collected and remitted, whichever is greater. The FY2016 budget for collection costs was based on a maximum of 2%of the anticipated assessment collections. Office Supplies Supplies used in the preparation and binding of agenda packages, required mailings,and other special projects. The fees will be split with the General Fund based on the percent budgeted for each fund. Annual Operating Budget Fiscal Year 2016 10 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Water-Sewer Comb Services Contracts-Mgmt Services The District has contracted with Severn Trent Environmental Services to provide operating, maintenance and field management services. This contract includes a predetermined amount of R&M costs. Costs above the specified amount are recorded as'R&M-Renewal and Replacement'. Any unused R&M costs are retumed to the district. Contracts-Generator Maintenance Preventative generator maintenance services will be provided by Superior Power. Communication—Teleph—Field Century Link and Sprint provide communication services to the District. The following accounts are included in this line item: Vendor Description Annual Amount Century Link Plant Land Line (239-642-9219) $2,700 Century Link Plant Fax Line (239-642-9392) 600 Simplex Grinnell Alarm Monitoring 850 Sprint Automated svc to notify Bob of power failures 120 Total $4,270 Utility-General The District currently has 10 electric accounts with Lee County Cooperative for irrigation, lift stations, water and waste water plant. The estimated cost is based on prior year's average monthly electric bills and anticipated use Account No. Service Address Svc.Type 9741120000 25000 E.Tamiami Irrigation 1941120000 0 Port of the Islands Irrigation 3841120000 119 Newport Drive Irrigation 7841120000 Union Road Irrigation 0941120000 245 Stella Maris Drive Lift Station 1841120000 0 Newport Drive Lift Station 7624900000 160 Cays Drive Lift Station 6941120000 0 Cays Drive Lift Station 3083520000 0 Newport Drive Lift Station 3941120000 86112700 P Islands Waste Water R&M—Irrigation Repair and maintenance costs associated with the main pumps and other irrigation equipment at the plant. R&M-Lift Station Repair and maintenance costs associated with the lift stations. R&M—Potable Water Lines Repair and maintenance costs associated with the water lines throughout the district. R&M—Water Plant Repair and maintenance costs associated with the water plant. R&M—Waste Water Plant Repair and maintenance costs associated with the waste water plant. Annual Operating Budget Fiscal Year 2016 11 PORT OF THE ISLANDS Community Improvement District Water and Sewer Fund Budget Narrative Fiscal Year 2016 EXPENDITURES Field(continued) R&M—Sewer Lines Repair and maintenance costs associated with the sewer lines throughout the district. R&M-Backflow Inspection Costs for periodic backflow inspections and repairs. Miscellaneous-Licenses&Permits Costs incurred for various licenses and permits pertaining to the water and waste water plants including an annual drinking water license and waste water regulatory fee. Capital Outlay—Waste Water Plant Funds spent on capital improvement projects for the water and waste water plants. • W-19$10,000 VIDEO SURVEILLANCE AND MONITORING • Ww-23$30,796 SCADA AND CONTROL PANEL • Ww-24$20,000 MBR MEMBRANES Debt Service Principal Debt Retirement Principal payment due on Series 2010 bond. Interest Expense Interest payment due on Series 2010 bond. Annual Operating Budget Fiscal Year 2016 12 PORT OF THE ISLANDS Community Improvement District Debt Amortization Series 2010 Bond Period Coupon Debt Annual Debt Ending Principal Rate Interest Service Service 1 11/1/2015 $51,915.45 $51,915.45 5/1/2016 $551,528.72 3.510% $51,915.45 $603,444.17 $655,359.621 11/1/2016 $42,236.12 $42,236.12 5/1/2017 $570,887.38 3.510% $42,236.12 $613,123.50 $655,359.62 11/1/2017 $32,217.04 $32,217.04 5/1/2018 $590,925.52 3.510% $32,217.04 $623,142.56 $655,359.60 11/1/2018 $21,846.30 $21,846.30 5/1/2019 $611,667.01 3.510% $21,846.30 $633,513.31 $655,359.61 11/1/2019 $11,111.55 $11,111.55 5/1/2020 $633,136.52 3.510% $11,111.55 $644,248.07 $655,359.62 Total $3,490,971.66 $441,186.02 $3,932,157.68 $3,932,157.68 Annual Operating Budget Fiscal Year 2016 13 Port of the Islands Community Improvement District Supporting Budget Schedules Fiscal Year 2016 PORT OF THE ISLANDS Community Improvement District Port of the Islands Community Improvement District Non-Ad Valorem Assessment Roll FY 2015-2016 Product Maint.ERC Maint/ERC W/S ERC W/S Standby W/S Capital Total per Type Allocation $ 395.451 Allocation I $1,228.44 Product $417 $811 Hotel Room 1.00 $395 0.60 $250 $487 $1,133 Condo Unit 1.00 $395 0.80 $334 $649 $1,378 Single Family 1.00 $395 1.00 $417 $811 $1,624 Comparison FY 2015 to FY 2016 Product Total Total Increase % Type FY 2016 FY 2015 (Decrease) Change Hotel Room $1,133 $1,073 $60 6% Condo Unit $1,378 $1,298 $80 6% Single Family $1,624 $1,524 $100 7°!. Annual Operating Budget Fiscal Year 2018 14 PORT OF THE ISLANDS Community Improvement District All Funds Capital Improvement Program-Status Report Updated thru 4/30/15 WATER PROGRAM PROJECT PAID NO PROJECT NAME OR DESCRIPTION FY 2016 PAID IN FY INCEPTION TO FY 2016 FY 2017 FY 2018 FY 2019 PROJECT ESTIMATE I'l 2015"' STATUS i8 STATUS W-19 Video surveillance and monhonn0 $ - $ - $ - $ 10.000 $ - $ - $ - ST project W-22 Fire hydrant repair and replacement $ - $ - $ 3,090 $ - $ - $ - $ - ST project Total Water Program $ - $ - $ 3,090 $ 10,000 $ - $ - $ WASTEWATER PROGRAM ST combined WW-23 SCADA and control panel for lift stations $ 30,796 $ - $ 77,137 $ 30,796 $ 30,796 $ - $ - w/WW-26 WW-24 MBR Membranes $ - $ - $ - $ 20,000 $ - $ - $ - ST WW-25 Misc.Equipment Replacement $ - $ - $ - $ - $ - $ - $ - WW-26 Replace lift station control panel $ 102,040 $ 102,040 $ 102.040 $ - $ - $ - $ - Total Wastewater Program $ 132,836 $ 102,040 $ 179.177 $ 50,796 $ 30,796 $ - $ Total Water/Sewer Fund'$ 132,836 I$ 102,040 1$ 182,268 I$ 60,7981$ 30,796 1$ -I$ NOTE Irl:The amounts shown in the'FY 2015 ESTIMATE'columns reflect the most recent approximation of what the District expects to spend on each project between October 1,2014 and September 30,2015. NOTE 121: The amounts shown in the'PAID IN FY 2015'column reflects project expenses incurred between October 1,2014 and September 30,2015. The total of these columns will tie to the amounts reported as Year to Date Actual-Capital Outlay'in the corresponding monthly financial statements. NOTE X31: The'PAID INCEPTION TO DATE'columns reflect any payments made between FY 2006 and present. Annual Operating Budget 15 Fiscal Year 2016 f , ,..3 opt-tge_ k i April 2015 Field Managers Report Water Treatment Plant Operations and Maintenance The Water Treatment Plant produced and distributed 2.597MG for the month of March, which is an average of .078 MGD. Wastewater Plant Operations and Maintenance The WWTP treated approximately 2.047 MG for the month of March, which is an average of.068 MGD Reuse System Operations and Maintenance The reuse system delivered 8.89 MG for the month of March,which is an average of.30 MGD. Permit Compliance: Water Treatment Plant: All permit requirements met Wastewater Treatment Plant *All permit requirements met At Our Treatment Facility • New units for the expired compressor and electric drive motor were installed for the air delivery system that continuously cleans the membranes for MBR Skid #1. Overall efficiency of the system increased significantly as a result of installing the fresh units. • The main chemical delivery pump that provides the ammonia for our chloramine process received a thorough cleaning and overhaul. Its integral feed tube had developed a small rupture that limited the delivery capability of the pump. • One of our 3 wells had experienced a minor part failure which was obtained and replaced within a matter of days at a nominal cost. 1 12600 Union Road Naples,Florida 34114•Tel 239-642-9219•Fax 239-642-9469•www.severntrentservices.corn opt■*kAt IqQ,:4\ce April 2015 Field Managers Report In The Community: • The entrance lights on the east and west sides of the intersection at Cays Dr. and Hwy. 41 were serviced. New fixtures and/or bulbs were installed to replace any that had failed. CMMS Work Order Report-April 2015 Summary Total#of WO's 245 Total#of Preventative 243 Total#of Corrective 2 Total#of WO's Completed 245 Total Hours 130.0 2 12600 Union Road Naples,Florida 34114•Tel 239-642-9219•Fax 239-642-9469•www.severntrentservices.com April 2015 Field Managers Report Potable Water Report 5- 45- 4 3.5 b 3 2.875 2.711 2.597 a 2 461 0 2.5- 2.044 2.097 2.185 =--'�_~~ ° 1.777 2 1.585 1.587 -• 0238— 1.98 1.5 2 143 2 072 1. 1 533 1 1.403 may. 1.434 1 08 1.052 1.142 0.5 0.969 6% 6% 8% 8% 9% 6% 7% 8% 8% 8% 8% 7% 0 ' May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 - 0—Series2 --a-- ••••■•■■Series4 (Approximately.17 MG required for flushing or treatment plant usage;approximately.19 MG water unaccounted for making up the 7%water loss.) Irrigation Water Report a 890 9.0 - 8.709 8.693 8 602 8.0 7298 r 311 7.460 7.181 - T.144 8.98 5.981 7.062 6.95 7.047 6-0 .165 5.290 5.247 6.325 E 5.0 5.784 T. 5.229 o a Ric 4.701 0 4.0 4 444 3.921 3.0 _ 2.0 1.0 9% 4% 6% 8% 7% 7% 8% 8% 8% 7% 8% 7% 0.0 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 -1.0 -- -- - — r ....._Seriesl --Series2 • •••Series3 1 (Approximately 1.2 million gallons reuse for POI CID Properties;approximately.64 MG unaccounted for making up the 7%loss of water) 12600 Union Road Naples,Florida 34114•Tel 239-642-9219•Fax 239-642-9469•www.severntrentservices.com 3