Backup Documents 02/13/2024 Item #16I1 BOARD OF COUNTY COMMISSIONERS
MISCELLANEOUS CORRESPONDENCE
February 13, 2024
1. MISCELLANEOUS ITEMS TO FILE FOR RECORD WITH ACTION AS
DIRECTED:
A. DISTRICTS:
1) Naples Heritage Community Development District:
11/07/2023 Signed Minutes, Agency Mailing & Agency Memo
2) Collier County Industrial Development Authority:
12/12/2023 Oath of Office—J. Oscar Perez
Naples Heritage Community Development District I �.
Inframark, Community Management Services 11 Im
210 North University Drive, Suite 702, Coral Springs, Florida 33071
Telephone (954) 603-0033 • Fax (954) 345-1292
DATE: January 8, 2024
TO: Marty Rustin
Collier Clerk's Office
minutesandrecords@collierclerk.com
FROM: Janice Swade
District Recording Secretary
RE: Minutes of the November 7, 2023 Meeting as Approved at
the January 2, 2024 Meeting
Enclosed for your records is a copy of the minutes and updated corresponding attachments from
the above referenced meeting of the Naples Heritage Community Development District, which
are to be kept on file for public access during normal business hours.
Cc:
Mr. Gregory Urbancic
Coleman, Yovanovich & Koester, P.A.
gurbancic@cyklawfirm.com
justin.faircloth@inframark.com
Gm(a,nhgcc.com
MINUTES OF MEETING 16 I I bin
NAPLES HERITAGE
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Naples Heritage Community
Development District was held Tuesday, November 7, 2023 at 9:00 a.m. at Naples Heritage Golf
& Country Club Clubhouse, located at 8150 Heritage Club Way,Naples, Florida 34112.
Present and constituting a quorum were:
Kenneth Gaynor Chairperson
Gerald James Vice Chairperson
Philip Smith Assistant Secretary
Gordon Mettam Assistant Secretary
Also present were:
Justin Faircloth District Manager
Chad Montgomery Naples Heritage Golf& Country Club
Tim Richards Naples Heritage Golf& Country Club
Following is a summary of the discussions and actions taken.
FIRST ORDER OF BUSINESS Roll Call
Mr. Gaynor called the meeting to order, and Mr. Faircloth called the roll. A quorum was
established.
• Mr. Leonhard will not be available to attend the meeting in person or via phone.
SECOND ORDER OF BUSINESS Approval of Agenda
The following items were added to the agenda:
• Under the Follow-up Items, include Assessment Issue.
• Under Follow-up Items, include Email Discussion.
On MOTION by Mr. Smith, seconded by Mr. Mettam, with all in
favor, the agenda for the meeting was approved as amended (4-0)
November 7, 2023 Meeting Naples Heritage CDD
THIRD ORDER OF BUSINESS Public Comment on Agenda Items
There being no members of the public present, the next order of business followed. 1. 6 L I P"
FOURTH ORDER OF BUSINESS Approval of Minutes of the May 10, 2023
Meeting
Mr. Gaynor requested any additions,corrections or deletions to the Minutes of the May 10,
2023 Meeting.
• The walking path will now be called the nature trail. However,the minutes should
not be changed.
There being no further discussion,
On MOTION by Mr. Mettam, seconded by Mr. James, with all in
favor, the Minutes of the May 10, 2023 Meeting were approved as
presented. (4-0)
SIXTH ORDER OF BUSINESS Old Business
A. Club Updates
i. Nature Trail
• The permit was approved for the nature trail.
• Mr. Gaynor worked with the County to obtain a construction commencement
notice, as required.
• The stumps will be removed in-house.
• There will be slip and fall coverage through the CDD's insurance.
• A pavilion may be built in the future once it is financially viable to do so. Staff has
five years once the permit has been approved to build such a pavilion. After five
years, the permit will expire, and the request will have to be resubmitted. An
extension may be filed for the permit, if necessary.
• There will be a pre-construction meeting with SWFWMD at 10:30 a.m. this
morning.
FIFTH ORDER OF BUSINESS New Business
B. FY 2024 Lake Bank Restoration Discussion
• There will be a Lake Restoration Sub-Committee meeting in December, which
includes individuals from the Associations.
• Mr. James discussed concerns regarding Lake#10 with Mr. Montgomery.
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November 7, 2023 Meeting Naples Heritage CDD
16 I I
➢ The original work was done in May, which Mr. Montgomery described.
➢ Mr. Montgomery noted it will take a few years from planting for everything
to thrive. He discussed the planting/growing process.
➢ Mr. Montgomery commented the CDD may have to budget funds to address
the process, as the growth is ongoing.
➢ He reminded the Board that lake plants may get washed away by heavy June
and July rainstorms.
➢ He suggested reassessing the lake conditions on a bi-annual basis.
➢ The Board discussed budgeting approximately $1,000 per year for pond
maintenance.
• Mr. Montgomery will ensure the irrigation heads are checked and repaired.
• The preserve should be checked to ensure there are no fire hazards if they are too
dry.
The record shall reflect Mr. Montgomery exited the meeting.
A. Audit Committee Selection of Auditor
• Mr. Faircloth discussed the process.
• Grau & Associates has been the District's Auditor since 2017, and the District has
a positive working relationship with them.
• There was discussion regarding a three-year term from Berger, Toombs, Elam,
Gaines & Frank versus a five-year term from Grau &Associates.
• It is typically a three-year term with an option for two renewals.
i. Ranking of Audit Firm Proposals
• Berger, Toombs, Elam Gaines & Frank—20, 20, 20, 20 and 10.
• Grau & Associates—20 across the board.
ii. Authorization to Enter Into a Contract with Selected Auditor
• The Board would like to contract with Grau &Associates for five years, subject to
the attorney's opinion.
On MOTION by Mr. James, seconded by Mr. Mettam, with all in
favor, the District was authorized to enter into a contract with Grau
& Associates to perform auditing services for five years, subject to
the attorney's opinion. (4-0)
3
November 7, 2023 Meeting Naples Heritage CDD
' 6I1 —
B. FY 2024 Lake Bank Restoration Discussion (Continued)
• Mr. Gaynor received one bid, which will be tabled for discussion at the next
meeting.
SIXTH ORDER OF BUSINESS Old Business (Continued)
A. Club Updates (Continued)
ii. Gatehouse Repairs
• The new floor was installed.
• There are no leaks in the windows and sliders. Repairs complete.
iii. Colonial Court Melaleuca Removal
• The Club is responsible for removal.
• Mr. Montgomery has been in contact with a couple of contractors.
• Mr. Richards will have the funding in next year's budget.
i. Nature Trail (Continued)
• Mitigation costs were reduced, as the trail was only used four to five months per
year, due to the fact it was under water most of the year.
iv. Colonial Court Fence Installation
• The area was surveyed, and the fence will be installed near the canal on the south
side.
• A permit will be needed.
• The CDD is not required to install a fence at Davis Boulevard.
SEVENTH ORDER OF BUSINESS Attorney's Report
There being no attorney present, or any items for discussion, the next order of business
followed.
EIGHTH ORDER OF BUSINESS District Manager's Report
A. Acceptance of Financial Report as of September 30,2023
• More funds were spent under Engineering, due to the work on the nature trail.
Mr. James MOVED to accept the Financial Report as of September
30, 2023, and Mr. Mettam seconded the motion.
4
November 7, 2023 Meeting Naples Heritage CDD 16 I 1
• There is money in the budget for stormwater inspection and cleaning. There was a
decision to take care of anything 60% or more clogged, and the rest during the
upcoming Fiscal Year.
The record shall reflect Mr. Richards exited the meeting.
➢ Mr. Faircloth discussed the associated expenses for the stormwater
cleaning.
➢ The Board determined some of the expenses were budgeted,and some were
not budgeted.
➢ Mr. Faircloth will follow up with accounting staff.
There being no further discussion,
On VOICE vote, with all in favor, the prior motion was approved
(4-0)
F. Follow-up Items
i. Assessment Issue
• The tax bill stated the amount was $200, even though the Board approved $225.
• Mr. Faircloth has had the issue corrected with assessment staff and the County.
• A letter will be sent to the Department of Revenue on behalf of the 799 parcels
which were billed incorrectly, and the County will provide a new tax bill.
• Mr. Faircloth discussed the outstanding assessment amount. Mr. Gaynor requested
Mr. Faircloth find out which property is outstanding, and it will be discussed at the
next meeting.
• A full explanation will be given to residents.
B. Resolution 2024-01, FY 2023 Budget Amendment
• The District must not over-spend the budget.
• A budget amendment is being proposed to cushion the District for anything the
District receives this month related to Fiscal Year 2023.
• If the money is not used, it will go back to the fund balance.
On MOTION by Mr. Smith, seconded by Mr. James, with all in
favor, Resolution 2023-01, Amending the District's General Fund
Budget for Fiscal Year 2023, was adopted, as discussed. (4-0)
5
November 7, 2023 Meeting Naples Heritage CDD 1 6 I I
C. Motion to Assign Fund Balance
• There was a correction in the title, which should have been 2023.
• Accounting staff are transferring funds to reserves, as outlined in the Fiscal Year
2023 Budget.
On MOTION by Mr. Mettam, seconded by Mr. Smith, with all in
favor, the Motion to Assign Fund Balance was approved. (4-0)
D. SOLitude Reports
Mr. Faircloth presented several SOLitude Lake Monitoring Reports, copies of which were
included in the agenda package.
E. Ratification of Items Approved Under Resolution 2021-01
i. SOLitude Quote 0003175 & 0004286
• Mr. Faircloth explained the Board did not previously authorize the work associated
with the quotes. The Chairman was authorized to approve the work.
• Mr. Faircloth noted the work on Quote 0003175 should be under the warranty. The
charge should be approximately $800 less than the amount stated on the quote.
On MOTION by Mr. James, seconded by Mr. Mettam, with all in
favor, SOLitude Quotes 0003175 & 0004286 were ratified in
accordance with Resolution 2021-01, as discussed. (4-0)
F. Follow-up Items (Continued)
i. Assessment Issue (Continued)
• Communication between Board members regarding this issue is permitted, as long
as there is no discussion.
• Mr. Faircloth noted the County should be notifying residents regarding the
assessment situation.
• Club staff may be authorized to send letters to residents, if necessary.
ii. Email Discussion
• One of the CDD email accounts is currently not being used, and the data needs to
be migrated to the Records Account, after which a CDD email may be created for
Mr. Smith.
• The Board uses their personal and CDD emails. Mr. Gaynor advised the Board to
use their CDD emails only.
6
16I 1
November 7, 2023 Meeting Naples Heritage CDD
• The migrating fee is approximately$300. The Board concurred to migrate the email
data from the vacant email address, in the amount of$300, as discussed.
NINTH ORDER OF BUSINESS Engineer's Report
• Mr. Gaynor noted engineering services were used this past year.
TENTH ORDER OF BUSINESS Supervisor Comments
Hearing no comments from Supervisors,the next order of business followed.
ELEVENTH ORDER OF BUSINESS Audience Comments
There being no audience members present, the next order of business followed.
TWELFTH ORDER OF BUSINESS Adjournment
There being no further business,the meeting was adjourned at 10:15 a.m.
Kenneth Gaynor
Chairperson
7
•
Naples Heritage Community Development District 1 6 I 1
Board of Supervisors District Staff
Kenneth Gaynor, Chairperson Justin Faircloth, District Manager
Gerald James, Vice Chairperson Gregory Urbancic, District Counsel
Richard Leonhard,Assistant Secretary Terry Cole, District Engineer
Philip Smith,Assistant Secretary
Gordon Mettam,Assistant Secretary
Revised Meeting Agenda
Tuesday,November 7, 2023—9:00 a.m.
1. Roll Call
2. Approval of Agenda
3. Public Comment on Agenda Items
4. Approval of Minutes of the May 10,2023 Meeting
5. New Business
A. Audit Committee Selection of Auditor
i. Ranking of Audit Firm Proposals
ii. Authorization to Enter Into a Contract With Selected Auditor
B. FY 2024 Lake Bank Restoration Discussion
6. Old Business
A. Club Updates
i. Nature Trail
ii. Gatehouse Repairs
iii. Colonial Court Melaleuca Removal
iv. Colonial Court Fence Installation
7. Attorney's Report
8. District Manager's Report
A. Acceptance of Financial Report as of September 30,2023
B. Resolution 2024-01 FY 2023 Budget Amendment
C. Motion to Assign Fund Balance
D. SOLitude Reports
E. Ratification of Items Approved Under Resolution 2021-01
i. SOLitude Quote 00003175 &0004286
F. Follow-up Items
i. Assessment Issue
ii. Email Discussion
9. Engineer's Report
10. Supervisor Comments
11. Audience Comments
12. Adjournment
The next meeting is scheduled for Tuesday, January 2,2024 at 9:00 a.m.
District Office: Meeting Location:
Inframark,Community Management Services Naples Heritage Golf&Country Club Clubhouse
210 North University Drive,Suite 702 8150 Heritage Club Way
Coral Springs,Florida 33071 Naples,Florida 34112
954-603-0033 239-417-2555
www.nanlesheritagecdd.com
.ilr �•
Napirs Battu
16
PART OF THE USA TODAY NETWORK
Published Daily
Naples, FL 34110
NAPLES HERITAGE CDD
15275 COLLIER BLVD#201-346
Notice of Regular Meeting Schedule
NAPLES, FL 34119-6750 Naples Heritage Community
Development District
The Board of Supervisors of the Naples Heritage Community De-
Affidavit of Publication velopment District will hold their meetings for Fiscal Year
OF WISCONSIN 2023/2024 at the Naples Heritage Golf and Country Club Club-
STATEhouse, 8150 Heritage Club Way, Naples, Florida at 9:00 a.m. as
COUNTY OF BROWN follows:
November 7,2023
Before the undersigned authority personally appeared,who January 2,2024
March 5,2024(FY 2025 Budget Approval)
on oath says that he or she is the Legal Coordinator of the April 2,2024
Naples Daily News,published in Collier County, Florida; May 7,2024(FY 2025 Budget Adoption
that the attached copy of advertisement,being a Public The meetings are open to the public and will be con-
Notices,was published on the publicly accessible website ducted in accordance with the provision of Florida Law for Com-
munity Development Districts. There may be occasions when
of Collier and Lee Counties, Florida, or in a newspaper by one or more Supervisors may participate via phone. Any inter-
print in the issues of,on: ested person can attend the meeting at the above location and
be fully informed of the discussions taking place. Meetings may
be continued to a date,time and location to be specified on the
record at the meetings without additional publication of notice.
Issue(s)dated:09/27/2023 A copy of the agenda for these meetings may be obtained from
the District Manager's Office, 210 North University Drive, Suite
702, Coral Springs, Florida 33071, (954) 603-0033, or by visiting
Affiant further says that the website or newspaper complies the District's website at www.naplesheritagecdd.com. Addition-
with all legal requirements for publication in chapter 50, ally, interested parties may refer to the District's website for the
Florida Statutes. latest District information.
Pursuant to the provisions of the Americans with Disa-
bilities Act, any person requiring special accommodations at
these meetings because of a disability or physical impairment
should contact the District Manager's Office at least forty-eight
and sworn to before me, bythe legal clerk,who (48) hours prior to the meeting. If you are hearing or speech im-
Subscribed 9 paired, please contact the Florida Relay Service by dialing 7-1-1,
is personally Known to me, on September 27,2023: or 1-800-955-8771 (TTY)/1-800-955-8770 (Voice), for aid in con-
tacting the District Manager's Office.
Each person who decides to appeal any action taken at these
meetings is advised that person will need a record of the pro-
ceedings and that accordingly, the person may need to ensure
that a verbatim record of the proceedings is made, including
Notary,State I Dun y f awn the te
stimony and evidence upon which such appeal is to be
based.
Justin Faircloth
5 15 -07-7 District Manager
September 27,2023 #5831539
My commission expires
Publication Cost: $357.00
Ad No:0005831539
Customer No: 1306647 _
PO#: NANCY HEYRMAN
#of Affidavits 1 t N o L r Y'
This is not an invoice I ,).ate of til,?isco
'* LocaliQ
Florida PO Box 631244 Cincinnati,OH 45263-1244
GANNETT
t forfor
PROOF OF PUBLICATION RequesAuditSerrvices osals for Annual
Naples Heritage Community
Development District
Naples Heritage Community The Naples Heritage Community
Naples Heritage Cdd Development District hereby
requests proposals for annual
210 North University Drive,Suite 702 financial auditing services. The
Coral Springs FL 33071 proposal must provide for the
auditing of the District's financial
records for the Fiscal Year ending
September 30, 2023, 2024 and 2025
STATE OF WISCONSIN, COUNTY OF BROWN with an option for two additional
annual renewals. The District is a
local unit of special-purpose
ned authoritygovernment created under Chapter
Before the undersigned personally appeared,who 190, Florida Statutes, for the
on oath says that he or she is the Legal Advertisingandpose of afin tainin, constructingubi
and maintaining public
Representative of the Naples DailyNews,a newspaper infrastructure. The District is
p plocated in Collier County and is
published in Collier County, Florida;that the attached copy approximately 557 acres in area.
The District has an annual operating
of advertisement, being a Legal Ad in the matter of Bids& budget of approximately $172,825
inclusive of debt service.
Proposals,was published on the publicly accessible website The Auditing entity submitting a
of Collier and Lee Counties, Florida,or in a newspaper by undersChapter 473,al must eFlorida duly Statutes
print in the issues of, on: and be qualified to conduct audits in
accordance with "Government
Auditing Standards", as adopted by
the Florida Board of Accountancy.
10/10/2023 Audits shall be conducted in
accordance with Florida Law and
particularly Section 218.39, Florida
Statutes,and the rules of the Florida
Affiant further says that the website or newspaper complies Auditor General. The firm must
the audit field work at the
with all legal requirements for publication in chapter 50, officerm where the District records are
Florida Statutes. maintained.
Proposal packages, which include
Subscribed and sworn to before me, by the legal clerk,who evaluation criteria and instructions
to proposers are available from the
is personally known to me,on 10/10/2023 Office of the District Manager at
Narisa.Desouza@inframark.com.
Electronic proposals must be
�.►+v'�-- received no later than 11:00 a.m. on
Friday, October 27, 2023 by the
lotriell Office of the District Manager,
Legal Clerk I esouza k, Attention: Narisa
Desouza at
Narisa.Desouza@inframark.com.
Please direct all questions regarding
Notary,State of WI,County of Brown _ this Notice to the Office of the
/ District Manager.
l Naples Heritage Community
Development District
My commision expires Justin Faircloth, District Manager
Oct 10,2023 No.9384091
Publication Cost: $231.28
Order No: 9384091 #of Copies:
Customer No: 1125653 1
PO#:
THIS IS NOT AN INVOICE!
Please do not use this form for payment remittance. K AT H L E E N ALL E N
Notary Public
State of WiIfSin,,� ..a
l Pagel of 1
16I1 ,
LocaliQ
Florida PO Box 631244 Cincinnati,OH 45263-1244
GANNETT
PROOF OF PUBLICATIONNAPLECOMMUNITYS D DEVVELLOPOP
MENT
DISTRICT
NOTICE OF AUDIT COMMITTEE
Naples Heritage Community M EEMEETING ETINGATH R BARDR
NG O OF THE BOARD OF
Naples Heritage Cdd Notice issue SUPERVISORS�lgiven that the
of
210 North University Drive,Suite 702 Board of supervisors ("Board unity
the Naples Her(toge Community
Development District ("District")
Coral Springs FL 33071 will hold o regular meeting of the
Board on Tuesday,November 7,2023
at 9:00 a.m.at Naples Heritage Golf
and Country Club Clubhouse, 8150
Heritage Club Way,Naples,Florida.
STATE OF WISCONSIN, COUNTY OF BROWN Notice Is further given that the
Audit Committee of the District will
hold a meeting during the regular
Board meeting to rank the proposals
received to perform the Audit for
Before the undersigned authority personally appeared,who the Fiscal Year ending September
aon oath says that he or she is the Legal Advertising a additional annual r e opti enewals,for two(a)
r as
previously advertised in accordance
Representative of the Naples DailyNews,a newspaper with Florida law.
p pA copy of the agendas may be
obtained by accessing the District's
published in Collier County, Florida;that the attached copy website at
www.naplesheritagecdd.com or by
of advertisement, being a Legal Ad in the matter of Public contacting the District Manager at
Justin.Fa irclathein frame rk.com.
Notices, was published on the publicly accessible website of The meetings ore open to the public
and will be conducted In accordance
with the provisions of Florida law
Collier and Lee Counties, Florida, or in a newspaper by print for Community Development
Districts. The meetings may be
in the issues of, on: continued to a date and time certain
which will be announced at the
meetings, without additional
publication of notice.
10/27/2023 There may be occasions when one or
more Supervisors will participate
via telephone or other
telecommunication means. Any
interested person can attend the
Affiant further s says that the website or newspaper com lie meeting the o location d
Yp fully Inforatmed abofve the discussionanbe s
with all legal requirements for publication in chapter 50, taking specialp occE. Any person tu
commodations In order to
to
access and participate in the
Florida Statutes. meetings because of a disability or
physical impairment should contact
Subscribed and sworn to before me, bythe legal clerk,who the District Manager's Office at
ii least forty-eight (48) hours prior to
is personally known to me on 10/27/2023 the meetings. If youare hearingtor
, speech Impaired,please contact the
Florida Relay Service by dialing 7-1-
1,or 1.800.955.8771 (TTY)/1-800-955-
_r 8770 (Voice), for aid in contacting
the District Manager's Office.
Each person who decides to appeal
any decision made bythe Board
Legal Clerk with respect to any matter
A.4*(AL
considered at the meetings is
,uadvised person will need a
record of proceedings and that
accordingly,the person moy need to
ensure that o verbatim record of the
Notary,State of WI,County of BrOWti proceedings (s made, including the—
(! testimony and evidence upon which
such appeal Is to be based.
Justin Falrclath
My commision expires District Manager
October 27,2023 09399413
Publication Cost: $297.92
Order No: 9399413 #of Copies:
Customer No: 1125653 1
PO#:
THiS IS NOT AN INVOICE,!
Please do not use this form for payment remittance.
KATHLEEN ALLEN
Notary Public
State of Wisconsin•
Page 1 of 1
1, 6 I 1 N
NAPLES HERITAGE
COMMUNITY DEVELOPMENT DISTRICT
PROPOSAL FOR AUDIT SERVICES
PROPOSED BY:
Berger, Toombs, Elam, Gaines & Frank
CERTIFIED PUBLIC ACCOUNTANTS, PL
600 Citrus Avenue, Suite 200 (772) 461-6120
Fort Pierce, Florida 34950
CONTACT PERSON:
J. W. Gaines, CPA, Director
DATE OF PROPOSAL:
October 27, 2023
TABLE OF CONTENTS U '
DESCRIPTION OF SECTION PAGE
A. Letter of Transmittal 1-2
B. Profile of the Proposer
Description and History of Audit Firm 3
Professional Staff Resources 4-5
Ability to Furnish the Required Services 5
Arbitrage Rebate Services 6
A. Governmental Auditing Experience 7-16
B. Fee Schedule 17
C. Scope of Work to be Performed 17
D. Resumes 18-36
E. Peer Review Letter 37
Instructions to Proposers 38-39
Evaluation Criteria 40
ta
r Berger, Toombs, Elam, 1
Gaines & Frank
Certified Public Accountants PL
600 Citrus Avenue
Suite 200
Fort Pierce,Florida 34950
772/461-6120//461-1155
FAX: 772/468-9278
October 30, 2023
Naples Heritage Community Development District
Inframark Infrastructure Management Services
210 N University Drive, Suite 702
Coral Springs, FL 33071
Dear District Manager:
Thank you very much for the opportunity to present our professional credentials to provide audit
services for Naples Heritage Community Development District.
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a
team of governmental and nonprofit specialists second to none to serve our clients. Our firm
has the necessary qualifications and experience to serve as the independent auditors for
Naples Heritage Community Development District. We will provide you with top quality,
responsive service.
Experience
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a recognized leader
in providing services to governmental and nonprofit agencies throughout Florida. We have
been the independent auditors for a number of local governmental agencies and through our
experience in performing their audits, we have been able to increase our audit efficiency and;
therefore, reduce costs. We have continually passed this cost savings on to our clients and will
continue to do so in the future. As a result of our experience and expertise, we have developed
an effective and efficient audit approach designed to meet or exceed the performance
specifications in accordance with auditing standards generally accepted in the United States of
America, the standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States, and the standards for
financial and compliance audits. We will conduct the audit in accordance with auditing
standards generally accepted in the United States of America; "Government Auditing
Standards" issued by the Comptroller General of the United States; the provisions of the Single
Audit Act, Subpart F of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
with minimal disruption to your operations. Our firm has frequent technical updates to keep our
personnel informed and up-to-date on all changes that are occurring within the industry.
Fort Pierce/Stuart
Member AICPA Member AICPA Division for CPA Firms Member FICPA
Private Companies practice Section
b Berger,Toombs, Elam,
fit}/ Games& Frank 16 L 1
CMMd Publk Accountant, PL
Naples Heritage Community Development District
October 27, 2023
Our firm is a member of the Government Audit Quality Center, an organization dedicated to
improving government audit quality. We also utilize the audit program software of a nationally
recognized CPA firm to assure us that we are up to date with all auditing standards and to assist
us maintain maximum audit efficiencies.
To facilitate your evaluation of our qualifications and experience, we have arranged this
proposal to include a resume of our firm, including our available staff, our extensive prior
governmental and nonprofit auditing experience and clients to be contacted.
You need a firm that will provide an efficient, cost-effective, high-quality audit within critical time
constraints. You need a firm with the prerequisite governmental and nonprofit experience to
perform your audit according to stringent legal and regulatory requirements, a firm that
understands the complex nature of community development districts and their unique
compliance requirements. You need a firm with recognized governmental and nonprofit
specialists within the finance and governmental communities. And, certainly, you need a firm
that will provide you with valuable feedback to enhance your current and future operations.
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. J. W.
Gaines is the person authorized to make representations for the firm.
Thank you again for the opportunity to submit this proposal to Naples Heritage Community
Development District.
Very truly yours,
aa 1wuIx' C1a
r
O04.0,0) ,t
Berger, Toombs, Elam, Gaines & Frank
Certified Public Accountants PL
Fort Pierce, Florida
- 2 -
16I1 -
PROFILE OF THE PROPOSER
Description and History of Audit Firm
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure
Coast public accounting firm, which qualifies as a small business firm, as established by the
Small Business Administration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a
member of the Florida Institute of Certified Public Accountants and the American Institute of
Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris &
Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. W.
Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous
growth rate experienced over the last 69 years is directly attributable to the firm's unrelenting
dedication to providing the highest quality, responsive professional services attainable to its
clients.
We are a member of the Private Companies Practice Section (PCPS) of the American Institute of
Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in
this practice section requires that our firm meet more stringent standards than standard AICPA
membership. These rigorous requirements include the requirement of a triennial peer review of
our firm's auditing and accounting practice and annual Continuing Professional Education (CPE)
for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a
quality review is required and only CPAs must meet CPE requirements.
We are also a member of the Government Audit Quality Center ("the Center") of the American
Institute of Certified Public Accountants to assure the quality of our government audits.
Membership in the Center, which is voluntary, requires our firm to comply with additional
standards to promote the quality of government audits.
We have been extensively involved in serving local government entities with professional
accounting, auditing and consulting services throughout the entire 69 year history of our firm.
Our substantial experience over the years makes us uniquely qualified to provide accounting,
auditing, and consulting services to these clients. We are a recognized leader in providing
services to governmental and nonprofit agencies on the Treasure Coast and in Central and
South Florida, with extensive experience in auditing community development districts and water
control districts. We were the independent auditors of the City of Fort Pierce for over 37 years
and currently, we are the independent auditors for St. Lucie County since 2002, and for 34 of the
38 years that the county has been audited by CPA firms. Additionally, we have performed audits
of the City of Stuart, the City of Vero Beach, Indian River County and Martin County. We also
presently audit over 75 Community Development Districts throughout Florida.
Our firm was founded on the belief that we are better able to respond to our clients needs
through education, experience, independence, quality control, and personal service. Our firm's
commitment to quality is reflected in our endeavor of professional excellence via continuing
education, the use of the latest computer technology, professional membership in PCPS and
peer review.
We believe our approach to audit engagements, intelligence and innovation teamed with sound
professional judgment enables us to explore new concepts while remaining sensitive to the
fundamental need for practical solutions. We take pride in giving you the assurance that the
personal assistance you receive comes from years of advanced training, technical experience
and financial acumen.
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16 1 "—
Professional Staff Resources
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has a total of
27 professional and administrative staff (including 12 professional staff with extensive
experience servicing government entities). The work will be performed out of our Fort
Pierce office with a proposed staff of one senior accountant and one or two staff
accountants supervised by an audit manager and audit partner. With the exception of the
directors of the firm's offices, the professional staff is not specifically assigned to any of our
individual offices. The professional and administrative staff resources available to you
through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as
follows:
Total
Partners/Directors (CPA's) 6
Managers (2 CPA's) 2
Senior/Supervisor Accountants (3 CPA's) 3
Staff Accountants (2 CPA) 11
Computer Specialist 1
Paraprofessional 7
Administrative 5
Total — all personnel 35
Following is a brief description of each employee classification:
Staff Accountant — Staff accountants work directly under the constant supervision of the
auditor-in-charge and, are responsible for the various testing of documents, account
analysis and any other duties as his/her supervisor believes appropriate. Minimum
qualification for a staff accountant is graduation from an accredited university or college with
a degree in accounting or equivalent.
Senior Accountant — A senior accountant must possess all the qualifications of the staff
accountant, in addition to being able to draft the necessary reports and financial statements,
and supervise other staff accountants when necessary.
Managers — A manager must possess the qualifications of the senior accountant, plus be
able to work without extensive supervision from the auditor-in-charge. The manager should
be able to draft audit reports from start to finish and to supervise the audit team, if
necessary.
Principal —A principal is a partner/director in training. He has been a manager for several
years and possesses the technical skills to act as the auditor—in-charge. A principal has no
financial interest in the firm.
Partner/Director — The director has extensive governmental auditing experience and acts
as the auditor-in-charge. Directors have a financial interest in the firm.
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16 "°-
Professional Staff Resources (Continued)
Independence — Independence of the public accounting firm, with respect to the audit
client, is the foundation from which the public gains its trust in the opinion issued by the
public accounting firm at the end of the audit process. This independence must be in
appearance as well as in fact. The public must perceive that the accounting firm is
independent of the audit entity to ensure that nothing would compromise the opinion issued
by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public
Accountants, PL is independent of Naples Heritage Community Development District,
including its elected officials and related parties, at the date of this proposal, as defined by
the following rules, regulations, and standards:
AuSection 220 — Statements on Auditing Standards issued by the American Institute
of Certified Public Accountants;
ET Sections 101 and 102 — Code of Professional Conduct of the American Institute
of Certified Public Accountants;
Chapter 21A-1, Florida Administrative Code;
Section 473.315, Florida Statutes; and,
Government Auditing Standards, issued by the Comptroller General of the United
States.
On an annual basis, all members of the firm are required to confirm, in writing, that they have no
personal or financial relationships or holding that would impair their independence with regard to
the firm's clients.
Independence is a hallmark of our profession. We encourage our staff to use professional
judgment in situations where our independence could be impaired or the perception of a conflict
of interest might exist. In the governmental sector, public perception is as important as
professional standards. Therefore, the utmost care must be exercised by independent auditors
in the performance of their duties.
Ability to Furnish the Required Services
As previously noted in the Profile of the Proposer section of this document, our firm has been in
existence for over 74 years. We have provided audit services to some clients for over 30 years
continually. Our firm is insured against physical loss through commercial insurance and we also
carry liability insurance. The majority of our audit documentation is stored electronically, both
on our office network and on each employee laptop or computer assigned to each specific job.
Our office computer network is backed up on tape, so in the event of a total equipment loss, we
can restore all data as soon as replacement equipment is acquired. In addition, our field laptop
computers carry the same data and can be used in the event of emergency with virtually no
delay in completing the required services.
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16 � 1
ADDITIONAL SERVICES PROVIDED
Arbitrage Rebate Services
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides
arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act
of 1986 requires issuers of most tax-exempt obligations to pay (i.e., "rebate") to the United
States government any arbitrage profits. Arbitrage profits are earnings on the investment of
bond proceeds and certain other monies in excess of what would have been earned had such
monies been invested at a yield equal to the yield on the bonds.
Federal tax law requires that interim rebate calculations and payments are due at the end of
every fifth bond year. Final payment is required upon redemption of the bonds. More frequent
calculations may be deemed advisable by an issuer's auditor, trustee or bond counsel or to
assure that accurate and current records are available. These more frequent requirements are
usually contained in the Arbitrage or Rebate Certificate with respect to the bonds.
Our firm performs a comprehensive rebate analysis and includes the following:
• Verifying that the issue is subject to rebate;
• Calculating the bond yield;
• Identifying, and separately accounting for, all "Gross Proceeds" (as that term is defined
in the Code) of the bond issue, including those requiring analysis due to "transferred
proceeds" and/or"commingled funds" circumstances;
• Determining what general and/or elective options are available to Gross proceeds of the
issue;
• Calculating the issue's excess investment earning (rebate liability), if any;
• Delivering appropriate documentation to support all calculations;
• Providing an executive summary identifying the methodology employed, major
assumptions, conclusions, and any other recommendations for changes in
recordkeeping and investment policies;
• Assisting as necessary in the event of an Internal Revenue Service inquiry; and,
• Consulting with issue staff, as necessary, regarding arbitrage related matters.
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16 x.
GOVERNMENTAL AUDITING EXPERIENCE
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been
practicing public accounting in Florida for 69 years. Our success over the years has been the
result of a strong commitment to providing personalized quality service to our clients.
The current members of our firm have performed audits of over 1,100 community development
districts, and over 2,100 audits of municipalities, counties and other governmental entities such
as the City of Fort Pierce and St. Lucie County.
Our firm provides a variety of accounting, auditing, tax litigation support, and consulting
services. Some of the professional accounting, auditing and management consulting services
that are provided by our firm are listed below:
• Performance of annual financial and compliance audits, including Single Audits of state
and federal financial assistance programs, under the provisions of the Single Audit Act,
Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards (Uniform Guidance), with minimal disruptions to your operations;
• Performance of special compliance audits to ascertain compliance with the applicable
local, state and federal laws and regulations;
• Issuance of comfort letters and consent letters in conjunction with the issuance of tax-
exempt debt obligations, including compiling financial data and interim period financial
statement reviews;
• Calculation of estimated and actual federal arbitrage rebates;
• Assistance in compiling historical financial data for first-time and supplemental
submissions for GFOA Certificate of Achievement for Excellence in Financial Reporting;
• Preparation of indirect cost allocation systems in accordance with Federal and State
regulatory requirements;
• Providing human resource and employee benefit consulting;
• Performance of automation feasibility studies and disaster recovery plans;
• Performance feasibility studies concerning major fixed asset acquisitions and utility plant
expansion plans (including electric, water, pollution control, and sanitation utilities); and
• Assistance in litigation, including testimony in civil and criminal court.
• Assist clients who utilize QuickBooks software with their software needs. Our Certified
QuickBooks Advisor has undergone extensive training through QuickBooks and has
passed several exams to attain this Certification.
Continuing Professional Education
All members of the governmental audit staff of our firm, and audit team members assigned to
this engagement, are in compliance with the Continuing Professional Education (CPE)
requirements set forth in Government Auditing Standards issued by the Comptroller General of
the United States. In addition, our firm is in compliance with the applicable provisions of the
Florida Statutes that require CPA's to have met certain CPE requirements prior to proposing on
governmental audit engagements.
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16 1 .
GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)
The audit team has extensive experience in performing governmental audits and is exposed to
intensive and continuing concentration on these types of audits. Due to the total number of
governmental audits our team performs, each member of our governmental staff must
understand and be able to perform several types of governmental audits. It is our objective to
provide each professional employee fifty hours or more of comprehensive continuing
professional education each year. This is accomplished through attending seminars throughout
Florida and is reinforced through in-house training.
Our firm has made a steadfast commitment to professional education. Our active attendance
and participation in continuing professional education is a major part of our objective to obtain
the most recent knowledge on issues which are of importance to our clients. We are growing on
the reputation for work that our firm is providing today.
Quality Control Program
Quality control requires continuing commitment to professional excellence. Berger, Toombs,
Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that
commitment.
To ensure maintaining the standards of working excellence required by our firm, we joined the
Private Companies Practice Section (PCPS) of the American Institute of Certified Public
Accountants (AICPA). To be a participating member firm of this practice section, a firm must
obtain an independent Peer Review of its quality control policies and procedures to ascertain
the firm's compliance with existing auditing standards on the applicable engagements.
The scope of the Peer Review is comprehensive in that it specifically reviews the following
quality control policies and procedures of the participating firm:
• Professional, economic, and administrative independence;
• Assignment of professional personnel to engagements;
• Consultation on technical matters;
• Supervision of engagement personnel;
• Hiring and employment of personnel;
• Professional development;
• Advancement;
• Acceptance and continuation of clients; and,
• Inspection and review system.
We believe that our commitment to the program is rewarding not only to our firm, but primarily to
our clients.
The external independent Peer Review of the elements of our quality control policies and
procedures performed by an independent certified public accountant, approved by the PCPS of
the AICPA, provides you with the assurance that we continue to conform to standards of the
profession in the conduct of our accounting and auditing practice.
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6 I 1
GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)
Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary
membership center for CPA firms that perform governmental audits. This center promotes the
quality of governmental audits.
Our firm has completed successive Peer Reviews. These reviews included a representative
sample of our firm's local governmental auditing engagements. As a result of these reviews,
our firm obtained an unqualified opinion on our quality control program and work procedures.
On page 31 is a copy of our most recent Peer Review report. It should be noted that we
received a pass rating.
Our firm has never had any disciplinary actions by state regulatory bodies or professional
organizations.
As our firm performs approximately one hundred audits each year that are reviewed by federal,
state or local entities, we are constantly dealing with questions from these entities about our
audits. We are pleased to say that any questions that have been raised were minor issues and
were easily resolved without re-issuing any reports.
Certificate of Achievement for Excellence in Financial Reporting (CAFR)
We are proud and honored to have been involved with the City of Fort Pierce and the Fort
Pierce Utilities Authority when they received their first Certificates of Achievement for
Excellence in Financial Reporting for the fiscal years ended September 30, 1988 and 1994,
respectively. We were also instrumental in the City of Stuart receiving the award, in our first
year of performing their audit, for the year ended September 30, 1999.
We also assisted St. Lucie County, Florida for the year ended September 30, 2003, in preparing
their first Comprehensive Annual Financial Report, and St. Lucie County has received their
Certificate of Achievement for Excellence in Financial Reporting every year since.
As continued commitment to insuring that we are providing the highest level of experience, we
have had at least one employee of our firm serve on the GFOA — Special Review Committee
since the mid-1980s. This committee is made up of selective Certified Public Accountants
throughout the United States who have demonstrated their high level of knowledge and
expertise in governmental accounting. Each committee member attends a special review
meeting at the Annual GFOA Conference. At this meeting, the committee reports on the
Certificate of Achievement Program's most recent results, future goals, and common reporting
deficiencies.
We feel that our previous experience in assisting the City of Fort Pierce, the Fort Pierce Utilities
Authority and St. Lucie County obtain their first CAFRs, and the City of Stuart in continuing to
receive a CAFR and our firm's continued involvement with the GFOA, and the CAFR review
committee make us a valued asset for any client in the field of governmental financial reporting.
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1 6 I I '
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
References
Terracina Community Development Gateway Community Development
District District
Jeff Walker, Special District Services Stephen Bloom, Severn Trent Management
(561) 630-4922 (954) 753-5841
The Reserve Community Development District Clearwater Cay Community Development
District
Darrin Mossing, Governmental Management Cal Teague, Premier District Management
Services LLC
(407) 841-5524 (239) 690-7100 ext 101
In addition to the above, we have the following additional governmental audit experience:
Community Development Districts
Aberdeen Community Development Beacon Lakes Community
District Development District
Alta Lakes Community Development Beaumont Community Development
District District
Amelia Concourse Community Bella Collina Community Development
Development District District
Amelia Walk Communnity Bonnet Creek Community
Development District Development District
Aqua One Community Development Buckeye Park Community
District Development District
ArbonNood Community Development Candler Hills East Community
District Development District
Arlington Ridge Community Cedar Hammock Community
Development District Development District
Bartram Springs Community Central Lake Community
Development District Development District
Baytree Community Development Channing Park Community
District Development District
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i6 1 via
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Cheval West Community Evergreen Community Development
Development District District
Coconut Cay Community Forest Brooke Community
Development District Development District
Colonial Country Club Community Gateway Services Community
Development District Development District
Connerton West Community Gramercy Farms Community
Development District Development District
Copperstone Community Greenway Improvement District
Development District
Creekside @ Twin Creeks Community Greyhawk Landing Community
Development District Development District
Deer Run Community Development Griffin Lakes Community Development
District District
Dowden West Community Habitat Community Development
Development District District
DP1 Community Development Harbor Bay Community Development
District District
Eagle Point Community Development Harbourage at Braden River
District Community Development District
East Nassau Stewardship District Harmony Community Development
District
Eastlake Oaks Community
Development District Harmony West Community
Development District
Easton Park Community Development
District Harrison Ranch Community
Development District
Estancia @ Wiregrass Community
Development District Hawkstone Community
Development District
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16I 1
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Heritage Harbor Community Madeira Community Development
Development District District
Heritage Isles Community Marhsall Creek Community
Development District Development District
Heritage Lake Park Community Meadow Pointe IV Community
Development District Development District
Heritage Landing Community Meadow View at Twin Creek
Development District Community Development District
Heritage Palms Community Mediterra North Community
Development District Development District
Heron Isles Community Midtown Miami Community
Development District Development District
Heron Isles Community Development Mira Lago West Community
District Development District
Highland Meadows II Community Montecito Community
Development District Development District
Julington Creek Community Narcoossee Community
Development District Development District
Laguna Lakes Community Naturewalk Community
Development District Development District
Lake Bernadette Community New Port Tampa Bay Community
Development District Development District
Lakeside Plantation Community Overoaks Community Development
Development District District
Landings at Miami Community Panther Trace II Community
Development District Development District
Legends Bay Community Paseo Community Development
Development District District
Lexington Oaks Community Pine Ridge Plantation Community
Development District Development District
Live Oak No. 2 Community Piney Z Community Development
Development District District
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16 1
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Poinciana Community Sampson Creek Community
Development District Development District
Poinciana West Community San Simeon Community
Development District Development District
Port of the Islands Community Six Mile Creek Community
Development District Development District
Portofino Isles Community South Village Community
Development District Development District
Quarry Community Development Southern Hills Plantation I
District Community Development District
Renaissance Commons Community Southern Hills Plantation III
Development District Community Development District
Reserve Community South Fork Community
Development District Development District
Reserve#2 Community St. John's Forest Community
Development District Development District
River Glen Community Stoneybrook South Community
Development District Development District
River Hall Community Stoneybrook South at ChampionsGate
Development District Community Development District
River Place on the St. Lucie Stoneybrook West Community
Community Development District Development District
Rivers Edge Community Tern Bay Community
Development District Development District
Riverwood Community Terracina Community Development
Development District District
Riverwood Estates Community Tison's Landing Community
Development District Development District
Rolling Hills Community TPOST Community Development
Development District District
Rolling Oaks Community
Development District
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161 I ;
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Triple Creek Community Vizcaya in Kendall
Development District Development District
TSR Community Development Waterset North Community
District Development District
Turnbull Creek Community Westside Community Development
Development District District
Twin Creeks North Community WildBlue Community Development
Development District District
Urban Orlando Community Willow Creek Community
Development District Development District
Verano#2 Community Willow Hammock Community
Development District Development District
Viera East Community Winston Trails Community
Development District Development District
VillaMar Community Zephyr Ridge Community
Development District Development District
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1611 —
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Other Governmental Organizations
City of Westlake Office of the Medical Examiner,
District 19
Florida Inland Navigation District Rupert J. Smith Law Library
of St. Lucie County
Fort Pierce Farms Water Control
District St. Lucie Education Foundation
Indian River Regional Crime Seminole Improvement District
Laboratory, District 19, Florida
Troup Indiantown Water
Viera Stewardship District Control District
Current or Recent Single Audits,
St. Lucie County, Florida
Early Learning Coalition, Inc.
Gateway Services Community Development District.
Members of our audit team have acquired extensive experience from performing or participating
in over 1,800 audits of governments, independent special taxing districts, school boards, and
other agencies that receive public money and utilize fund accounting.
Much of our firm's auditing experience is with compliance auditing, which is required for publicly
financed agencies. In this type of audit, we do a financial examination and also confirm
compliance with various statutory and regulatory guidelines.
Following is a summary of our other experience, including Auditor General experience, as it
pertains to other governmental and fund accounting audits.
Counties
(Includes elected constitutional officers, utilities and dependent taxing districts)
Indian River
Martin
Okeechobee
Palm Beach
Municipalities
City of Port St. Lucie
City of Vero Beach
Town of Orchid
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16I1P."
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Special Districts
Bannon Lakes Community Development District
Boggy Creek Community Development District
Capron Trail Community Development District
Celebration Pointe Community Development District
Coquina Water Control District
Diamond Hill Community Development District
Dovera Community Development District
Durbin Crossing Community Development District
Golden Lakes Community Development District
Lakewood Ranch Community Development District
Martin Soil and Water Conservation District
Meadow Pointe III Community Development District
Myrtle Creek Community Development District
St. Lucie County— Fort Pierce Fire District
The Crossings at Fleming Island
St. Lucie West Services District
Indian River County Mosquito Control District
St. John's Water Control District
Westchase and Westchase East Community Development Districts
Pier Park Community Development District
Verandahs Community Development District
Magnolia Park Community Development District
Schools and Colleges
Federal Student Aid Programs— Indian River Community College
Indian River Community College
Okeechobee County District School Board
St. Lucie County District School Board
State and County Agencies
Central Florida Foreign-Trade Zone, Inc. (a nonprofit organization affiliated with the St. Lucie
County Board of County Commissioners)
Florida School for Boys at Okeechobee
Indian River Community College Crime Laboratory
Indian River Correctional Institution
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16 $ 1
FEE SCHEDULE
We propose the fee for our audit services described below to be $3,125 for the years ended
September 30, 2023, 2024, and 2025. The fee is contingent upon the financial records and
accounting systems of Naples Heritage Community Development District being "audit ready"
and the financial activity for the District is not materially increased. If we discover that additional
preparation work or subsidiary schedules are needed, we will consult with your authorized
representative. We can assist with this additional work at our standard rates should you desire.
SCOPE OF WORK TO BE PERFORMED
If selected as the District's auditors, we will perform a financial and compliance audit in
accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual
basis on the financial statements of Naples Heritage Community Development District as of
September 30, 2023, 2024, and 2025. The audits will be performed to the extent necessary to
express an opinion on the fairness in all material respects with which the financial statements
present the financial position, results of operations and changes in financial position in
conformity with generally accepted accounting principles and to determine whether, for selected
transactions, operations are properly conducted in accordance with legal and regulatory
requirements. Reportable conditions that are also material weaknesses shall be identified as
such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance
and Other Matters. Other (non-reportable) conditions discovered during the course of the audit
will be reported in a separate letter to management, which will be referred to in the Auditors'
Report on Internal Control over Financial Reporting and on Compliance and Other Matters.
Our audit will be performed in accordance with standards for financial and compliance audits
contained in Government Auditing Standards, as well as in compliance with rules and
regulations of audits of special districts as set forth by the State Auditor General in
Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county
orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and
procedures, or rules and regulations which may pertain to the work required in the engagement.
The primary purpose of our audit will be to express an opinion on the financial statements
discussed above. It should be noted that such audits are subject to the inherent risk that errors
or irregularities may not be detected. However, if conditions are discovered which lead to the
belief that material errors, defalcations or other irregularities may exist or if other circumstances
are encountered that require extended services, we will promptly notify the appropriate
individual.
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16L
Commitment to Quality Service
Personnel Qualifications and Experience
J. W. Gaines, CPA, CITP
Director—44 years
Education
• Stetson University, B.B.A. —Accounting
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
• Certified Information Technology Professional (CITP) —American Institute of Certified Public
Accountants
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Affiliate member Government Finance Officers Association
• Past President, Vice President-Campaign Chairman, Vice President and Board Member of
United Way of St. Lucie County, 1989 - 1994
• Past President, President Elect, Secretary and Treasurer of the Treasure Coast Chapter of
the Florida Institute of Certified Public Accountants, 1988 - 1991
• Past President of Ft. Pierce Kiwanis Club, 1994 - 95, Member/Board Member since 1982
• Past President, Vice President and Treasurer of St. Lucie County Chapter of the American
Cancer Society, 1980 -1986
• Member of the St. Lucie County Chamber of Commerce, Member Board of Directors,
Treasurer, September 2002 - 2006, Chairman Elect 2007, Chairman 2008, Past Chairman
2009
• Member Lawnwood Regional Medical Center Board of Trustees, 2000 — Present, Chairman
2013 - Present
• Member of St. Lucie County Citizens Budget Committee, 2001 —2002
• Member of Ft. Pierce Citizens Budget Advisory Committee, 2010 —2011
• Member of Ft. Pierce Civil Service Appeals Board, 2013 - Present
Professional Experience
• Miles Grant Development/Country Club— Stuart, Florida, July 1975—October 1976
• State Auditor General's Office — Public Accounts Auditor — November 1976 through
September 1979
• Director - Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL,
responsible for numerous government and nonprofit audits.
• Over 40 years experience in all phases of public accounting and auditing experience, with a
concentration in financial and compliance audits. Mr. Gaines has been involved in all
phases of the audits listed on the preceding pages.
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160
Commitment to Quality Service
Personnel Qualifications and Experience
J. W. Gaines, CPA, CITP (Continued)
Director
Continuing Professional Education
• Has participated in numerous continuing professional education courses provided by
nationally recognized sponsors over the last two years to keep abreast of the latest
developments in accounting and auditing such as:
Governmental Accounting Report and Audit Update
Analytical Procedures, FICPA
Annual Update for Accountants and Auditors
Single Audit Sampling and Other Considerations
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i6 1
Commitment to Quality Service
Personnel Qualifications and Experience
David S. McGuire, CPA, CITP
Director— 36 years experience
Education
• University of Central Florida, B.A. —Accounting
• Barry University— Master of Professional Accountancy
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
• Certified Information Technology Professional (CITP) —American Institute of Certified Public
Accountants
• Certified Not-For-Profit Core Concepts 2018
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Associate Member, Florida Government Finance Office Associates
• Assistant Coach — St. Lucie County Youth Football Organization (1994—2005)
• Assistant Coach — Greater Port St. Lucie Football League, Inc. (2006— 2010)
• Board Member—Greater Port St. Lucie Football League, Inc. (2011 —2017)
• Treasurer, AIDS Research and Treatment Center of the Treasure Coast, Inc. (2000 —
2003)
• Board Member/Treasurer, North Treasure Coast Chapter, American Red Cross
(2004—2010)
• Member/Board Member of Port St. Lucie Kiwanis (1994 —2001)
• President (2014/15) of Sunrise Kiwanis of Fort Pierce (2004 —2017)
• St. Lucie District School Board Superintendent Search Committee (2013— present)
• Board Member— Phrozen Pharoes (2019-2021)
Professional Experience
• Twenty-eight years public accounting experience with an emphasis on nonprofit and
governmental organizations.
• Audit Manager in-charge on a variety of audit and review engagements within several
industries, including the following government and nonprofit organizations:
St. Lucie County, Florida
19th Circuit Office of Medical Examiner
Troup Indiantown Water Control District
Exchange Club Center for the Prevention of Child Abuse, Inc.
Healthy Kids of St. Lucie County
Mustard Seed Ministries of Ft. Pierce, Inc.
Reaching Our Community Kids, Inc.
Reaching Our Community Kids - South
St. Lucie County Education Foundation, Inc.
Treasure Coast Food Bank, Inc.
North Springs Improvement District
• Four years of service in the United States Air Force in computer operations, with a top
secret (SCl/SBI) security clearance.
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16 1
Commitment to Quality Service
Personnel Qualifications and Experience
David S. McGuire, CPA, CITP (Continued)
Director
Continuing Professional Education
• Mr. McGuire has attended numerous continuing professional education courses and
seminars taught by nationally recognized sponsors in the accounting auditing and single
audit compliance areas. He has attended courses over the last two years in those areas as
follows:
Not-for-Profit Auditing Financial Results and Compliance Requirements
Update: Government Accounting Reporting and Auditing
Annual Update for Accountants and Auditors
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16I 1 .
Commitment to Quality Service
Personnel Qualifications and Experience
Matthew Gonano, CPA
Director— 13 years total experience
Education
• University of North Florida, B.B.A. —Accounting
• University of Alicante, Spain — International Business
• Florida Atlantic University— Masters of Accounting
Professional Affiliations/Community Service
• American Institute of Certified Public Accountants
• Florida Institute of Certified Public Accountants
Professional Experience
• Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
• Performed audits of nonprofit and governmental organizations in accordance with
Governmental Accounting Auditing Standards (GAAS)
• Performed Single Audits of nonprofit organizations in accordance with OMB Circular A-133,
Audits of State, Local Governments, and Non-Profit Organizations.
Continuing Professional Education
• Mr. Gonano has participated in numerous continuing professional education courses.
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16I1
Commitment to Quality Service
Personnel Qualifications and Experience
David F. Haughton, CPA
Accounting and Audit Manager—33 years
Education
• Stetson University, B.B.A. —Accounting
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Former Member of Florida Institute of Certified Public Accountants Committee on State and
Local Government
• Affiliate Member Government Finance Officers Association (GFOA) for over 10 years
• Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10
years
• Technical Review— 1997 FICPA Course on State and Local Governments in Florida
• Board of Directors — Kiwanis of Ft. Pierce, Treasurer — 1994-1999; Vice President — 1999-
2001
Professional Experience
• Twenty-seven years public accounting experience with an emphasis on governmental and
nonprofit organizations.
• State Auditor General's Office — West Palm Beach, Staff Auditor, June 1985 to September
1985
• Accounting and Audit Manager of Berger, Toombs, Elam, Gaines & Frank, Certified Public
Accountants PL, responsible for audit and accounting services including governmental and
not-for-profit audits.
• Over 20 years of public accounting and governmental experience, specializing in
governmental and nonprofit organizations with concentration in special districts, including
Community Development Districts which provide services including water and sewer utilities.
Governmental and non-profit entities served include the following:
Counties:
St. Lucie County
Municipalities:
City of Fort Pierce
City of Stuart
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1611 .
Commitment to Quality Service
Personnel Qualifications and Experience
David F. Haughton, CPA (Continued)
Accounting and Audit Manager
Professional Experience (Continued)
Special Districts:
Bluewaters Community Development District
Country Club of Mount Dora Community Development District
Fiddler's Creek Community Development District#1 and #2
Indigo Community Development District
North Springs Improvement District
Renaissance Commons Community Development District
St. Lucie West Services District
Stoneybrook Community Development District
Summerville Community Development District
Terracina Community Development District
Thousand Oaks Community Development District
Tree Island Estates Community Development District
Valencia Acres Community Development District
Non-Profits:
The Dunbar Center, Inc.
Hibiscus Children's Foundation, Inc.
Hope Rural School, Inc.
Maritime and Yachting Museum of Florida, Inc.
Tykes and Teens, Inc.
United Way of Martin County, Inc.
Workforce Development Board of the Treasure Coast, Inc.
• While with the Auditor General's Office he was on the staff for the state audits of the Martin
County School District and Okeechobee County School District.
• During 1997 he performed a technical review of the Florida Institute of Certified Public
Accountants state CPE course on Audits of State and Local Governments in Florida. His
comments were well received by the author and were utilized in future updates to the
course.
Continuing Professional Education
• During the past several years, he has participated in numerous professional development
training programs sponsored by the AICPA and FICPA, including state conferences on
special districts and governmental auditing in Florida. He averages in excess of 100 hours
bi-annually of advanced training which exceeds the 80 hours required in accordance with the
continuing professional education requirements of the Florida State Board of accountancy
and the AICPA Private Companies Practice Section. He has over 75 hours of governmental
CPE credit within the past two years.
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161 1 --
Commitment to Quality Service
Personnel Qualifications and Experience
Paul Daly
Staff Accountant— 11 years
Education
• Florida Atlantic University, B.S. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Working to attain the requirements to take the Certified Public Accounting (CPA) exam.
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16 1 1
Commitment to Quality Service
Personnel Qualifications and Experience
Melissa Marlin, CPA
Senior Staff Accountant— 9 years
Education
• Indian River State College, A.A. —Accounting
• Florida Atlantic University, B.B.A. —Accounting
Professional Experience
• Staff accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Mrs. Marlin participates in numerous continuing professional education courses provided by
nationally recognized sponsors to keep abreast of the latest developments.
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16 1 1
Commitment to Quality Service
Personnel Qualifications and Experience
Bryan Snyder
Staff Accountant—8 years
Education
• Florida Atlantic University, B.B.A. —Accounting
Professional Experience
• Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines,
& Frank.
• Mr. Snyder is gaining experience auditing governmental & nonprofit entities.
Continuing Professional Education
• Mr. Snyder participates in numerous continuing education courses and plans on working to
acquire his CPA certificate.
• Mr. Snyder is currently studying to pass the CPA exam.
- 27 -
16I1 •
Commitment to Quality Service
Personnel Qualifications and Experience
Maritza Stonebraker, CPA
Senior Accountant—7 years
Education
♦ Indian River State College, B.S. —Accounting
Professional Experience
♦ Staff Accountant beginning her professional auditing career with Berger, Toombs, Elam,
Gaines, & Frank.
Continuing Professional Education
♦ Mrs. Stonebraker participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest developments.
- 28 -
Commitment to Quality Service
Personnel Qualifications and Experience
Jonathan Herman, CPA
Senior Staff Accountant— 9 years
Education
• University of Central Florida, B.S. —Accounting
• Florida Atlantic University, MACC
Professional Experience
• Accounting graduate with nine years experience with Berger, Toombs, Elam, Gaines, &
Frank providing professional services to nonprofit and governmental entities.
Continuing Professional Education
• Mr. Herman participates in numerous continuing professional education courses provided by
nationally recognized sponsors to keep abreast of the latest developments.
- 29 -
16I1 -
Commitment to Quality Service
Personnel Qualifications and Experience
Sean Stanton, CPA
Staff Accountant—5 years
Education
• University of South Florida, B.S. —Accounting
• Florida Atlantic University, M.B.A. —Accounting
Professional Experience
• Staff accountant with Berger, Toombs, Elam, Gaines, & Frank auditing governmental
and non-profit entities.
Continuing Professional Education
• Mr. Stanton participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
- 30 -
16 1 1 R..
Commitment to Quality Service
Personnel Qualifications and Experience
Tifanee Terrell
Staff Accountant— 3 years
Education
• Florida Atlantic University, M.A.C.C. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Ms. Terrell participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
• Ms. Terrell is currently studying to pass the CPA exam.
- 31 -
16I1 -
Commitment to Quality Service
Personnel Qualifications and Experience
Dylan Dixon
Staff Accountant— 1 year
Education
• Indian River State College, B.S. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Mr. Dixon participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
- 32 -
16 1 1 '
Commitment to Quality Service
Personnel Qualifications and Experience
Brennen Moore
Staff Accountant
Education
• Indian River State College, B.S. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
Services to nonprofit and governmental entities.
Continuing Professional Education
• Mr. Moore participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
- 33 -
1 6 I 1
Commitment to Quality Service
Personnel Qualifications and Experience
Jordan Wood
Staff Accountant— 1 year
Education
• Indian River State College, A.A. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Ms. Wood is currently enrolled at Indian River State College to complete her
bachelor's degree.
• Ms. Wood participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
• Ms. Wood is currently working towards completing an additional 30 hours of
education to qualify to sit for CPA exam.
- 34 -
1 6 I 1 VP
Commitment to Quality Service
Personnel Qualifications and Experience
Katie Gifford
Staff Accountant
Education
♦ Indian River State College, B.S. —Accounting
Professional Experience
♦ Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
♦ Ms. Gifford participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
- 35 -
16 1 I sal
Commitment to Quality Service
Personnel Qualifications and Experience
Rayna Zicari
Staff Accountant
Education
♦ Stetson University, B.B.A. —Accounting
Professional Experience
♦ Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
♦ Ms. Zicari participates in numerous continuing professional education courses
provided by nationally recognized sponsors to keep abreast of the latest
developments.
♦ Ms. Zicari is currently working towards completing an additional 30 hours of
education to qualify to sit for CPA exam.
- 36 -
Ilp6815 Dairy Road
Zephyrhills,FL 33542
813.788.2155
BodinePerry corn
Report on the Firm's System of Quality Control
To the Partners of November 30,2022 ow
Berger,Toombs,Elam,Gaines&Frank,CPAs,PL
and the Peer Review Committee of the Florida Institute of Certified Public Accountants
We have reviewed the system of quality control for the accounting and auditing practice of Berger,
Toombs,Elam,Gaines&Frank,CPAs,PL(the firm),in effect for the year ended May 31,2022.
Our peer review was conducted in accordance with the Standards for Performing and Reporting on
Peer Reviews established by the Peer Review Board of the American Institute of Certified Public
Accountants(Standards).
A summary of the nature,objectives,scope, limitations of, and the procedures performed in a
System Review as described in the Standards may be found at aicpa.org/prsummary.The summary
also includes an explanation of how engagements identified as not performed or reported in
conformity with applicable professional standards, if any, are evaluated by a peer reviewer to
determine a peer review rating.
Firm's Responsibility
The firm is responsible for designing a system of quality control and complying with it to provide the
firm with reasonable assurance of performing and reporting in conformity with applicable
professional standards in all material respects.The firm is also responsible for evaluating actions
to promptly remediate engagements deemed as not performed or reported in conformity with
professional standards,when appropriate,and for remediating weaknesses in its system of quality
control,if any.
Peer Reviewer's Responsibility
Our responsibility is to express an opinion on the design of the system of quality control,and the
firm's compliance therewith based on our review.
Required Selections and Considerations
Engagements selected for review included engagements performed under Government Auditing
Standards,including a compliance audit under the Single Audit Act.
As a part of our peer review,we considered reviews by regulatory entities as communicated by the
firm,if applicable,in determining the nature and extent of our procedures.
Opinion
In our opinion, the system of quality control for the accounting and auditing practice of
Berger,Toombs,Elam,Gaines&Frank,CPAs,PL,in effect for the year ended May 31,2022,has
been suitably designed and complied with to provide the firm with reasonable assurance of
performing and reporting in conformity with applicable professional standards in all material
respects. Firms can receive a rating of pass,pass with deficiency(ies),or fail Berger,Toombs,
Elam,Gaines&Frank,CPAs,PLC,has received a peer review rating of pass.
Fraliw•C. P-
Bodine Petty (BERGER_REPORT22)
0
BodinePerry
GnME Pubic AKNunhSMl A Ad,ilpl
- 37 -
NAPLES HERITAGE 1 6 I 1
COMMUNITY DEVELOPMENT DISTRICT
REQUEST FOR PROPOSALS
District Auditing Services for Fiscal Years 2023, 2024 and 2025
with an Option for Two (2) Additional Annual Renewals
Collier County, Florida
INSTRUCTIONS TO PROPOSERS
SECTION 1. DUE DATE. Electronic proposals must be received no later than
11:00 a.m. on Friday, October 27, 2023 by the Offices of the District Manager, Inframark,
Attention: Narisa Desouza at Narisa.Desouza(c�inframark.com
SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the
Proposer is assumed to be familiar with all federal, state, and local laws, ordinances,
rules and regulations that in any manner affect the work. Ignorance on the part of the
Proposer will in no way relieve it from responsibility to perform the work covered by the
proposal in compliance with all such laws, ordinances and regulations.
SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will
only be awarded to a responsible Proposer who is qualified by experience and licensing
to do the work specified herein. The Proposer shall submit with its proposal satisfactory
evidence of experience in similar work and show that it is fully prepared to complete the
work to the satisfaction of the District.
SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be
disqualified, and their proposals rejected if the District has reason to believe that
collusion may exist among the Proposers, the Proposer has defaulted on any previous
contract or is in arrears on any previous or existing contract, or for failure to demonstrate
proper licensure and business organization.
SECTION 5. SUBMISSION OF PROPOSAL. Submit an electronic version of the
Proposal Documents, and other requested attachments at the time and to the email
address indicated herein. The email should be titled "Auditing Services — Naples
Heritage Community Development District" on the subject line.
SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified
or withdrawn by an appropriate document duly executed and delivered to the place
where proposals are to be submitted at any time prior to the time and date the proposals
are due. No proposal may be withdrawn after opening for a period of ninety (90) days.
SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist
of the notice announcing the request for proposals, these instructions, the Evaluation
Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of
these instructions (the "Proposal Documents").
SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that
it has read and understands the Proposal Documents and that the proposal is made in
accordance therewith.
- 38 -
t6l
SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the
right to reject any and all proposals, make modifications to the work, and waive any
informalities or irregularities in proposals as it is deemed in the best interests of the
District.
SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the
Notice of Award from the District, the Proposer shall enter into and execute a Contract
(engagement letter) with the District.
SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as
or constitute a waiver of District's limited waiver of liability contained in Section 768.28,
Florida Statutes, or any other Statute or law.
SECTION 12. MISCELLANEOUS. All proposals shall include the following
information in addition to any other requirements of the proposal documents.
A. List position or title of all personnel to perform work on the District audit. Include
resumes for each person listed; list years of experience in present position for
each party listed and years of related experience.
B. Describe proposed staffing levels, including resumes with applicable
certifications.
C. Three references from projects of similar size and scope. The Proposer should
include information relating to the work it conducted for each reference as well as
a name, address and phone number of a contact person.
D. The lump sum cost of the provision of the services under the proposal.
E. Must perform the audit field work at the office where the District records are
maintained.
SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must
be filed in writing, at the Offices of the District Manager, within seventy-two (72) hours
after the receipt of the proposed contract documents. The formal protest setting forth
with particularity the facts and law upon which the protest is based shall be filed within
seven (7) calendar days after the initial notice of protest was filed. Failure to timely file a
notice of protest or failure to timely file a formal written protest shall constitute a waiver
of any right to object or protest with respect to aforesaid contract award.
SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the
evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within
the Proposal Documents.
- 39 -
1 6 I 1
AUDITOR SELECTION
EVALUATION CRITERIA
1. Ability of Personnel. (20 Points)
(E.g., geographic locations of the firm's headquarters or permanent office in relation to
the project; capabilities and experience of key personnel; present ability to manage this
project; evaluation of existing workload; proposed staffing levels, etc.)
2. Proposer's Experience. (20 Points)
(E.g. past record and experience of the Proposer in similar projects; volume of work
previously performed by the firm; past performance for other Community Development
Districts in other contracts; character, integrity, reputation, of respondent, etc.)
3. Understanding of Scope of Work. (20 Points)
Extent to which the proposal demonstrates an understanding of the District's needs for
the services requested.
4. Ability to Furnish the Required Services. (20 Points)
Extent to which the proposal demonstrates the adequacy of Proposer's financial
resources and stability as a business entity necessary to complete the services required
(E.g., the existence of any natural disaster plan for business operations).
5. Price. (20 Points)
Points will be awarded based upon the price bid for the rendering of the services and
reasonableness of the price to the services.
- 40 -
16I 1 •
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
Proposal to Provide
Financial Auditing
Services:
NAPLES HERITAGE
Community Development District
Proposal Due: October 27, 2023
11:00AM
Submitted to:
Naples Heritage
Community Development District
Submitted by:
Antonio J. Grau, Partner
Grau &Associates
951 Yamato Road, Suite 280
Boca Raton, Florida 33431
Tel (561) 994-9299
(800) 229-4728
Fax (561) 994-5823
tgrau( graucpa.com
www.graucpa.com
�rau & Assoc 16 I 1 j(r CERTIFIED PUBLIC ACCOUNTANTS
Table of Contents Page
EXECUTIVE SUMMARY/TRANSMITTAL LETTER 1
FIRM QUALIFICATIONS 3
FIRM &STAFF EXPERIENCE 6
REFERENCES 11
SPECIFIC AUDIT APPROACH 13
COST OF SERVICES 17
SUPPLEMENTAL INFORMATION 19
If) Grau & Associates 16 1 1 "—
CERTIFIED PUBLIC ACCOUNTANTS
October 27,2023
Naples Heritage Community Development District
Re: Request for Proposal for Professional Auditing Services for the fiscal year ended September 30,
2023-2025,with an option for two additional annual renewals.
Grau & Associates (Grau) welcomes the opportunity to respond to the Naples Heritage Community
Development District's (the "District") Request for Proposal (RFP), and we look forward to working with
you on your audit. We are an energetic and robust team of knowledgeable professionals and are a
recognized leader of providing services to Community Development Districts.As one of Florida's few firms
to primarily focus on government,we are especially equipped to provide you an effective and efficient audit.
Special district audits are at the core of our practice:we have a total of 360 clients,329 or 91%of which
are special districts.We know the specifics of the professional services and work products needed to meet
your RFP requirements like no other firm.With this level of experience,we are able to increase efficiency,
to provide immediate and continued savings,and to minimize disturbances to client operations.
Why Grau&Associates:
Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the
field. Our staff performs governmental engagements year-round.When not working on your audit,your
team is refining their audit approach for next year's audit. Our engagement partners have decades of
experience and take a hands-on approach to our assignments,which all ensures a smoother process for
you.
Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements.
Throughout the process of our audit,you will find that we welcome working with you to resolve any issues
as swiftly and easily as possible. In addition, due to Grau's very low turnover rate for our industry,you
also won't have to worry about retraining your auditors from year to year.
Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year round,
updating,collaborating and assisting you in implementing new legislation,rules and standards that affect
your organization.We are also available as a sounding board and assist with technical questions.
Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action.
Additionally,we have never been charged with,or convicted of,a public entity crime of any sort.We are
financially stable and have never been involved in any bankruptcy proceedings.
Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing
Standards,issued by the Comptroller General of the United States,and the Rules of the Auditor General of
the State of Florida, and any other applicable federal, state and local regulations. We will deliver our
reports in accordance with your requirements.
This proposal is a firm and irrevocable offer for 90 days.We certify this proposal is made without previous
understanding,agreement or connection either with any previous firms or corporations offering a proposal
for the same items. We also certify our proposal is in all respects fair, without outside control, collusion,
fraud, or otherwise illegal action,and was prepared in good faith. Only the person(s), company or parties
interested in the project as principals are named in the proposal.Grau has no existing or potential conflicts
and anticipates no conflicts during the engagement.Our Federal I.D.number is 20-2067322.
We would be happy to answer any questions or to provide any additional information. We are genuinely
excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate
to call or email either of our Partners,Antonio J. Grau, CPA(tgrau@igraucpa.com) or David Caplivski, CPA
(dcaplivskiPgraucpa.com) at 561.994.9299. We thank you for considering our firm's qualifications and
experience.
Very truly yours,
Grau&Associates
Antonio J.Grau
2
16 I 1 :
Firm Qualifications
0 Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
..„)
3
Grau's Focus and Experience
16I1
Our Team
O • S
9/132005
GM ill GMAu are
CPAS Year founded
3 10 2 41,
Partners Professional Administrative
Staff Professionals
Services Provided
Community Development
L
' 297 _ Districts Served
. - _11../ .,,,V:r.
Financial Compliance
Auditing Auditing
Properly registered ,`
and
licensed professional Accounting Attestation
corporation by the ,
state of FLORIDA - `
\\ .,,
Arbitrage Management
Services Consulting
We are proud Members of \''-' --
the American Institute of ---,
Certified Public
Accountants
the Florida Institute of
Certified Public y 9
Accountants 16C Professional
Go, Groups
�J� External quality review
program:consistently
receives a pass
Internal:ongoing AICPA I FICPA I GFOA I FASD I FGFOA
See next page for monitoring to maintain
report and certificate quality
0 Grau&Associates 4
.I.N II41LIl 1'11tl411;A(:l:(III.YIA�IS
16 1 1
•
$r* Peer Review
CPA
A I C PA Program
Florida Institute of Cartified Puollc Accountarts
FICPA Peer Review Program AICPA Peer Review Program
Administered in Florida Administered in Florida
by The Florida Institute of CPAs by the Florida Institute of CPAs
March 17,2023
Antonio Grau
Grau&Associates
951 Yamato Rd Ste 280
Boca Raton, FL 33431-1809
Dear Antonio Grau:
It is my pleasure to notify you that on March 16, 2023, the Florida Peer Review Committee accepted the
report on the most recent System Review of your firm.The due date for your next review is December 31,
2025. This is the date by which all review documents should be completed and submitted to the
administering entity.
As you know, the report had a peer review rating of pass. The Committee asked me to convey its
congratulations to the firm.
Thank you for your cooperation.
Sincerely,
R(OA P cc i eetia,,ew (2*, ,: cr
Peer Review Team
FICPA Peer Review Committee
850.224.2727,x5957
cc: Daniel Hevia, Racquel McIntosh
Firm Number: 900004390114 Review Number. 594791
119 5 Monroe Street,Suite 121 I Tallahassee,FL 323011 850.224.2727,in Florida I www.ficpa.org
Grau&Assodates 5
I.N 11411,D PUBLIC ACCOLIN IAN IS
16I1 __
Firm & Staff Experience
0 Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
6
16I1
GRAU AND ASSOCIATES COMMUNITY Profile Briefs:
DEVELOPMENT DISTRICT EXPERIENCE Antonio J GRAU, CPA
BY MANAGEMENT COMPANY (Partner)
Years Performing
Audits:35+
CPE(last 2 years):
Government
PFM
12 Accounting,Auditing:
24 hours;Accounting,
Auditing and Other:
GMS 56 hours
78 Professional
INFRAMARK Memberships:AICPA,
38 FICPA, FGFOA, GFOA
David Caplivski, CPA
(Partner)
MERITUS Years Performing
SOS RIZZETTA 23
60 47 Audits: 13+
CPE(last 2 years):
Government
Accounting,Auditing:
24 hours;Accounting,
Auditing and Other:
64 hours
Professional
Memberships:AICPA,
FICPA, FGFOA, FASD
"Here at Grau &Associates,staying up to date with the
current technological landscape is one of our top
priorities. Not only does it provide a more positive
experience for our clients,but it also allows us to perform
a more effective and efficient audit. With the every
changing technology available and utilized by our clients,
we are constantly innovating our audit process."
- Tony Grau
"Quality audits and exceptional client service are at the
heart of every decision we make. Our clients trust us to
deliver a quality audit,adhering to high standards and
assisting them with improvements for their
organization."
- David Caplivski
Grau&Associates
CLNI II ILO PUBLIC,\CCOUNI,.rS 7
YOUR ENGAGEMENT TEAM
16 I
Grau's client-specific engagement team is meticulously organized in order to meet the unique
needs of each client. Constant communication within our solution team allows for continuity of
staff and audit team.
Grau contracts with an An advisory consultant will
outside group of IT be available as a sounding
management consultants to board to advise in those
assist with matters areas where problems are
including,but not limited to; encountered.
network and database
security,internet security
and vulnerability testing.
G
Audit Staff
The assigned personnel will The Engagement Partner will
work closely with the partner participate extensively during
and the District to ensure that the various stages of the
the financial statements and all engagement and has direct
other reports are prepared in responsibility for engagement
accordance with professional policy,direction,supervision,
standards and firm policy. quality control,security,
Responsibilities will include confidentiality of information
planning the audit; of the engagement and
communicating with the client communication with client
and the partners the progress personnel.The engagement
of the audit;and partner will also be involved
determining that financial directing the development of
statements and all reports the overall audit approach
issued by the firm are accurate, and plan;performing an
complete and are prepared in overriding review of work
accordance with professional papers and ascertain client
standards and firm policy. satisfaction.
Grau&Associates 8
Antonio `Tony ` J. Gran, CPA 16 �
Partner
Contact: tgrau@graucpa.com I (561) 939-6672
_1 Experience
For over 30 years, Tony has been providing audit,accounting
and consulting services to the firm's governmental,non-profit,
.► employee benefit,overhead and arbitrage clients.He provides
l ; guidance to clients regarding complex accounting issues,
internal controls and operations.
As a member of the Government Finance Officers Association
Special Review Committee, Tony participated in the review
process for awarding the GFOA Certificate of Achievement in
Pia Financial Reporting.Tony was also the review team leader for
the Quality Review of the Office of Management Audits of
,. , School Board of Miami-Dade County.Tony received the AICPA
advanced level certificate for governmental single audits.
Education
University of South Florida (1983)
Bachelor of Arts
Business Administration
Clients Served (partial list)
(>300) Various Special Districts, including:
Bayside Improvement Community Development District St.Lucie West Services District
Dunes Community Development District Ave Maria Stewardship Community District
Fishhawk Community Development District(I,II,IV) Rivers Edge II Community Development District
Grand Bay at Doral Community Development District Bartram Park Community Development District
Heritage Harbor North Community Development District Bay Laurel Center Community Development District
Boca Raton Airport Authority
Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District
Lake Worth Drainage District
South Indian River Water Control
Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association
Florida Institute of Certified Public Accountants Government Finance Officers Association Member
City of Boca Raton Financial Advisory Board Member
Professional Education (over the last two years)
Course Hours
Government Accounting and Auditing 32
Accounting,Auditing and Other 41
Total Hours 73 (includes of 4 hours of Ethics CPE)
Grau&Associates 9
David Caplivski, CPA/CITP, Partner
Contact: dcaplivski@ graucpa.com/561-939-6676
_ - — —- - Experience
Grau&Associates Partner 2021-Present
Grau&Associates Manager 2014-2020
1" Grau&Associates Senior Auditor 2013-2014 A 1 '°
Grau&Associates Staff Auditor 2010-2013
fEducation
. 1114
Florida Atlantic University(2009)
Master of Accounting
.111 Nova Southeastern University(2002)
Bachelor of Science
Environmental Studies
...I I
Certifications and Certificates
Certified Public Accountant(2011)
AICPA Certified Information Technology Professional(2018)
AICPA Accreditation COSO Internal Control Certificate(2022)
Clients Served(partial list)
(>300)Various Special Districts Hispanic Human Resource Council
Aid to Victims of Domestic Abuse Loxahatchee Groves Water Control District
Boca Raton Airport Authority Old Plantation Water Control District
Broward Education Foundation Pinetree Water Control District
CareerSource Brevard San Carlos Park Fire&Rescue Retirement Plan
CareerSource Central Florida 403 (b) Plan South Indian River Water Control District
City of Lauderhill GERS South Trail Fire Protection&Rescue District
City of Parkland Police Pension Fund Town of Haverhill
City of Sunrise GERS Town of Hypoluxo
Coquina Water Control District Town of Hillsboro Beach
Central County Water Control District Town of Lantana
City of Miami(program specific audits) Town of Lauderdale By-The-Sea Volunteer Fire Pension
City of West Park Town of Pembroke Park
Coquina Water Control District Village of Wellington
East Central Regional Wastewater Treatment Fad. Village of Golf
East Naples Fire Control&Rescue District
Professional Education (over the last two years)
Course Hours
Government Accounting and Auditing 24
Accounting,Auditing and Other �4
Total Hours 88(includes 4 hours of Ethics CPE)
Professional Associations
Member,American Institute of Certified Public Accountants
Member,Florida Institute of Certified Public Accountants
Member,Florida Government Finance Officers Association
Member,Florida Association of Special Districts
Grau&Associates 10
16I
References
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
11
16I1
We have included three references of government engagements that require compliance with laws
and regulations, follow fund accounting, and have financing requirements, which we believe are
similar to the District.
Dunes Community Development District
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 1998
Client Contact Darrin Mossing, Finance Director
475 W. Town Place, Suite 114
St.Augustine, Florida 32092
904-940-5850
Two Creeks Community Development District
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 2007
Client Contact William Rizzetta, President
3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
813-933-5571
Journey's End Community Development District
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 2004
Client Contact Todd Wodraska,Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410
561-630-4922
0 Grau&Associates 12
a:x ixmn ruxi.ic nu;ourrnnrs
16 1 1
Specific Audit
Approach
Grau &Putti;cssociatsCERTIFIED ACCOUNTANTS
13
AUDIT APPROACH 16 ! .
Grau's Understanding of Work Product/Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified
to meet the challenges of this engagement and deliver quality audit services. You would be a valued
client of our firm and we pledge to commit all firm resources to provide the level and quality of
services(as described below) which not only meet the requirements set forth in the RFP but will
exceed those expectations.Grau&Associates fully understands the scope of professional services and
work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally
Accepted Government Auditing Standards,issued by the Comptroller General of the United States,and
the Rules of the Auditor General of the State of Florida and any other applicable Federal,State of Local
regulations.We will deliver our reports in accordance with your requirements.
Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional
auditing techniques and a total systems concept to enable the team to conduct a more efficient and
effective audit.The audit will be conducted in three phases,which are as follows:
PHASE I: PHASE II: PHASE III:
f'relilninunv Execution of the Completion and
Mannino Audit Plan Delivery
Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is
essential for the development of an audit plan and for an efficient, cost-effective audit. During this
phase, we will meet with appropriate personnel to obtain and document our understanding of your
operations and service objectives and, at the same time, give you the opportunity to express your
expectations with respect to the services that we will provide. Our work effort will be coordinated so
that there will be minimal disruption to your staff.
During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements.This will include a review of
applicable federal and state statutes, resolutions, bond documents, contracts, and other
agreements;
» Read minutes of meetings;
» Review major sources of information such as budgets, organization charts, procedures,
manuals,financial systems,and management information systems;
» Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an understanding of internal control, including knowledge about the
design of relevant policies, procedures, and records, and whether they have been placed in
operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to
perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions,
specific audit objectives,and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters which have been
identified.
Grau&Associates 14
L L Nll!1 Lll PUBLIC ACCOlI N'IAN'f 5
Phase II-Execution of Audit Plan 16 I I
The audit team will complete a major portion of transaction testing and audit requirements during this
phase. The procedures performed during this period will enable us to identify any matter that may
impact the completion of our work or require the attention of management. Tasks to be performed in
Phase II include,but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and
extent of auditing procedures used to obtain evidential matter for specific account balances or
classes of transactions;
» Perform tests of account balances and transactions through sampling,vouching,confirmation
and other analytical procedures;and
» Perform tests of compliance.
Phase III- Completion and Delivery
In this phase of the audit, we will complete the tasks related to year-end balances and financial
reporting. All reports will be reviewed with management before issuance, and the partners will be
available to meet and discuss our report and address any questions. Tasks to be performed in Phase
III include,but are not limited to the following:
» Perform final analytical procedures;
» Review information and make inquiries for subsequent events;and
» Meeting with Management to discuss preparation of draft financial statements and any
potential findings or recommendations.
You should expect more from your accounting firm than a signature in your annual financial report.
Our concept of truly responsive professional service emphasizes taking an active interest in the issues
of concern to our clients and serving as an effective resource in dealing with those issues.In following
this approach,we not only audit financial information with hindsight but also consider the foresight
you apply in managing operations.
Application of this approach in developing our management letter is particularly important given the
increasing financial pressures and public scrutiny facing today's public officials. We will prepare the
management letter at the completion of our final procedures.
In preparing this management letter,we will initially review any draft comments or recommendations
with management.In addition,we will take necessary steps to ensure that matters are communicated
to those charged with governance.
In addition to communicating any recommendations,we will also communicate the following,if any:
» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management;and
» Difficulties encountered in performing the audit.
Grau&Associates LO11, 15
1,1,Ri I(ILII 1'IIHLI(.A(: 41.11
Our findings will contain a statement of condition describing the situation and the area that needs 1 6 ' 1.
strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of
corrective action:
Is the recommendation cost effective?
Is the recommendation the simplest to effectuate in
order to correct a problem?
Is the recommendation at the heart of the problem
and not just correcting a symptomatic matter?
Is the corrective action taking into account why the
deficiency occurred?
To assure full agreement with facts and circumstances, we will fully discuss each item with
Management prior to the final exit conference. This policy means there will be no "surprises" in the
management letter and fosters a professional,cooperative atmosphere.
Communications
We emphasize a continuous,year-round dialogue between the District and our management team.We
regularly communicate through personal telephone calls and electronic mail throughout the audit and
on a regular basis.
Our clients have the ability to transmit information to us on our secure client portal with the ability to
assign different staff with separate log on and viewing capability. This further facilitates efficiency as
all assigned users receive electronic mail notification as soon as new information has been posted into
the portal.
Grau&Associates CL 16
III'I LIEII PUBLIC ACCOLIN IAN"LS
16 1 1
Cost of Services
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
17
Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 16 I I
2023-2027 are as follows:
Year Ended September 30, Fee
2023 $3,100
2024 $3,200
2025 $3,300
2026 $3,400
2027 $3,500
TOTAL(2023-2027) $16,500
The above fees are based on the assumption that the District maintains its current level of
operations.Should conditions change or Bonds are issued the fees would be adjusted accordingly
upon approval from all parties concerned.
Grau&Associates
18
161 1 --
Supplemental Information
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
19
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PARTIAL LIST OF CLIENTS 16 1
SPECIAL DL711<LV 117 E a' a' w
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Boca Raton Airport Authority ✓ ✓ ✓ 9/30
Captain's Key Dependent District ✓ ✓ 9/30
Central Broward Water Control District ✓ ✓ 9/30
Collier Mosquito Control District ✓ ✓ 9/30
Coquina Water Control District ✓ ✓ 9/30
East Central Regional Wastewater Treatment Facility ✓ ✓ 9/30
Florida Green Finance Authority ✓ 9/30
Greater Boca Raton Beach and Park District ✓ ✓ 9/30
Greater Naples Fire Control and Rescue District ✓ ✓ ✓ 9/30
Green Corridor P.A.C.E. District ✓ V 9/30
Hobe-St. Lucie Conservancy District ✓ ✓ 9/30
Indian River Mosquito Control District ✓ 9/30
Indian Trail Improvement District ✓ ✓ 9/30
Key Largo Wastewater Treatment District ✓ ✓ ✓ V 9/30
Lake Padgett Estates Independent District ✓ ✓ 9/30
Lake Worth Drainage District ✓ ✓ 9/30
Lealman Special Fire Control District ✓ V 9/30
Loxahatchee Groves Water Control District ✓ 9/30
Old Plantation Control District ✓ ✓ 9/30
Pal Mar Water Control District ✓ ✓ 9/30
Pinellas Park Water Management District ✓ ✓ 9/30
Pine Tree Water Control District(Broward) ✓ ✓ 9/30
Pinetree Water Control District(Wellington) ✓ 9/30
Ranger Drainage District ✓ ✓ ✓ 9/30
Renaissance Improvement District ✓ ✓ 9/30
San Carlos Park Fire Protection and Rescue Service District ✓ ✓ 9/30
Sanibel Fire and Rescue District ✓ ✓ 9/30
South Central Regional Wastewater Treatment and Disposal Board ✓ V 9/30
South-Dade Venture Development District ✓ ✓ 9/30
South Indian River Water Control District ✓ ✓ ✓ 9/30
South Trail Fire Protection&Rescue District ✓ ✓ 9/30
Spring Lake Improvement District ✓ ✓ 9/30
St. Lucie West Services District ✓ ✓ ✓ 9/30
Sunshine Water Control District ✓ V 9/30
West Villages Improvement District ✓ ✓ 9/30
Various Community Development Districts(297) ✓ ✓ 9/30
TOTAL 333 5 3 328
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Naples Heritage Community Development District 5
161 1
FICPA
Peer Review
A I C PA Program
Florida Instil to ut Cerified PUDlic Accountarts
FICPA Peer Review Program AICPA Peer Review Program
Administered in Florida Administered in Florida
by The Florida Institute of CPAs by the Florida Institute of CPAs
March 17,2023
Antonio Grau
Grau&Associates
951 Yamato Rd Ste 280
Boca Raton, FL 33431-1809
Dear Antonio Grau:
It is my pleasure to notify you that on March 16, 2023,the Florida Peer Review Committee accepted the
report on the most recent System Review of your firm.The due date for your next review is December 31,
2025. This is the date by which all review documents should be completed and submitted to the
administering entity.
As you know, the report had a peer review rating of pass. The Committee asked me to convey its
congratulations to the firm.
Thank you for your cooperation.
Sincerely,
FrOP 1 Pee a tw �o}sr►s•: ct
Peer Review Team
FICPA Peer Review Committee
850.224.2727,x5957
cc: Daniel Hevia, Racquel McIntosh
Firm Number. 900004390114 Review Number. 594791
119 S Monroe Street,Suite 121 I Tallahassee,FL 323011 850.224.2727,in Florida I www.ficpa.org
ADDITIONAL SERVICES 16 I 1
CONSULTING/MANAGEMENT ADVISORY SERVICES
Grau & Associates also provide a broad range of other management consulting services. Our
expertise has been consistently utilized by Governmental and Non-Profit entities throughout
Florida. Examples of engagements performed are as follows:
• Accounting systems • Fixed asset records
• Development of budgets • Cost reimbursement
• Organizational structures • Indirect cost allocation
• Financing alternatives • Grant administration and compliance
• IT Auditing
ARBITRAGE
The federal government has imposed complex rules to restrict the use Current
of tax-exempt financing. Their principal purpose is to eliminate any 73 Arbitrage
significant arbitrage incentives in a tax-exempt issue. We have Calculations
determined the applicability of these requirements and performed the
rebate calculations for more than 150 bond issues, including both
fixed and variable rate bonds.
We look forward to providing Naples Heritage Community Development
District with our resources and experience to accomplish not only those
minimum requirements set forth in your Request for Proposal, but to exceed
those expectations!
For even more information on Grau &Associates
please visit us on www.graucpa.com.
Grau&Associates
(�I.R.Il il.li'IINI If:AI 1:(11IN 1:1 "I\ 21
951 Yamato Road • Suite 280
Boca Raton, Florida 33431 1 6 I 1 .n
Grau & Associates (561) 994-9299 • (800)299-4728
Fax(561) 994-5823
CERTIFIED PUBLIC ACCOUNTANTS www.graucpa.com
November 29, 2023
To Board of Supervisors
Naples Heritage Community Development District
210 N. University Drive, Suite 702
Coral Springs, FL 33071
We are pleased to confirm our understanding of the services we are to provide Naples Heritage Community Development District,
Collier County, Florida ("the District") for the fiscal years ended September 30, 2023, 2024 and 2025, with an option for two
additional annual renewals.We will audit the financial statements of the governmental activities and each major fund, including
the related notes to the financial statements, which collectively comprise the basic financial statements of Naples Heritage
Community Development District as of and for the fiscal years ended September 30, 2023, 2024 and 2025, with an option for
two additional annual renewals. In addition, we will examine the District's compliance with the requirements of Section 218.415
Florida Statutes.
Accounting principles generally accepted in the United States of America provide for certain required supplementary information
(RSI), such as management's discussion and analysis (MD&A), to supplement the District's basic financial statements. Such
information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board
who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate
operational, economic, or historical context.As part of our engagement,we will apply certain limited procedures to the District's
RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will
consist of inquiries of management regarding the methods of preparing the information and comparing the information for
consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained
during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information
because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures,
but will not be audited:
1) Management's Discussion and Analysis
2) Budgetary comparison schedule
The following other information accompanying the financial statements will not be subjected to the auditing procedures applied
in our audit of the financial statements,and our auditor's report will not provide an opinion or any assurance on that information:
1) Compliance with FL Statute 218.39(3)(c)
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material
respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary
information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit
will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards
for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and
will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express
such opinions.We will issue a written report upon completion of our audit of the District's financial statements.We cannot provide
assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our
opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified,
we will discuss the reasons with you in advance. If,for any reason,we are unable to complete the audit or are unable to form or
have not formed an opinion,we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and
compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a
material effect on the financial statements as required by Government Auditing Standards.The report on internal control and on
compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the
scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the
effectiveness of the District's internal control on compliance, and (2)that the report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the District's internal control and compliance. The paragraph
will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject
to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and
those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards
for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual
requirements.
Naples Heritage Community Development District 1 6 ' 12 '
Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute
218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted
in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include
tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a
written report upon completion of our examination of the District's compliance.The report will include a statement that the report
is intended solely for the information and use of management,those charged with governance, and the Florida Auditor General,
and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance
that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or
add emphasis-of-matter or other-matter paragraphs. If our opinion on the District's compliance is other than unmodified,we will
discuss the reasons with you in advance. If, for any reason,we are unable to complete the examination or are unable to form or
have not formed an opinion,we may decline to express an opinion or issue a report, or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted
accounting principles based on information provided by you. These nonaudit services do not constitute an audit under
Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards.
The other services are limited to the financial statement services previously defined. We, in our sole professional judgment,
reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management
responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the
examination. The accuracy and completeness of such information is also management's responsibility.You agree to assume all
management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide.
You will be required to acknowledge in the management representation letter our assistance with preparation of the financial
statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their
issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding
compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit
services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or
experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and
monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and
ensuring that management and financial information is reliable and properly reported. Management is also responsible for
implementing systems designed to achieve compliance with applicable laws, regulations,contracts, and grant agreements.You
are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the
financial statements and all accompanying information in conformity with U.S.generally accepted accounting principles, and for
compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and
completeness of that information. You are also responsible for providing us with (1)access to all information of which you are
aware that is relevant to the preparation and fair presentation of the financial statements, (2)additional information that we may
request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it
necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the
written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement
and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements
taken as a whole.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing
us about all known or suspected fraud affecting the government involving(1)management, (2)employees who have significant
roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your
responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government
received in communications from employees, former employees,grantors, regulators,or others. In addition,you are responsible
for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants
and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts
or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and
recommendations. Management is also responsible for identifying and providing report copies of previous financial audits,
attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section
of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and
recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also
responsible for providing management's views on our current findings, conclusions, and recommendations, as well as your
planned corrective actions, for the report, and for the timing and format for providing that information.
Naples Heritage Community Development District 6 t i
With regard to the electronic dissemination of audited financial statements,including financial statements published electronically
on your website, you understand that electronic sites are a means to distribute information and, therefore,we are not required
to read the information contained in these sites or to consider the consistency of other information in the electronic site with the
original document.
Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements;
therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested.An audit
also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting
estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and
perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material
misstatement, whether from (1)errors, (2)fraudulent financial reporting, (3)misappropriation of assets, or(4)violations of laws
or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of
the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to
provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will
not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected
by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards
and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of
laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as
auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as
auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may
include tests of the physical existence of inventories,and direct confirmation of receivables and certain other assets and liabilities
by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written
representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the
conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial
statements;compliance with laws, regulations,contracts, and grant agreements;and other responsibilities required by generally
accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control,sufficient to
assess the risks of material misstatement of the financial statements and to design the nature,timing, and extent of further audit
procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to
preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting
misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial
statements. Our tests, if performed,will be less in scope than would be necessary to render an opinion on internal control and,
accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses.
However, during the audit, we will communicate to management and those charged with governance internal control related
matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will
perform tests of the District's compliance with the provisions of applicable laws, regulations,contracts, agreements, and grants.
However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an
opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees,and Other
We understand that your employees will prepare all confirmations we request and will locate any documents selected by us for
testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information.
However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available
upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or
indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit
findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit
documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may
provide copies of selected audit documentation to the aforementioned parties.These parties may intend, or decide,to distribute
the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing,the
parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under
Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit
documentation.
Our fee for these services will not exceed $3,100, $3,200 and $3,300 for the September 30, 2023, 2024 and 2025 audits,
respectively. The fees for the two additional annual renewals for the fiscal years 2025 and 2026 will be $3,400 and $3,500,
respectively, unless there is a change in activity by the District which results in additional audit work or if additional Bonds are
issued.
Naples Heritage Community Development District 16 i 1 - 4
Grau & Associates and its subcontractors warrant compliance with all federal immigration laws and regulations that relate to
their employees. Grau agrees and acknowledges that the District is a public employer subject to the E-Verify requirements as
set forth in Section 448.095, Florida Statutes, and that the provisions of Section 448.095, Florida Statutes apply to this
Agreement. If the District has a good faith belief that the Grau has knowingly hired, recruited or referred an alien who is not
authorized to work by the immigration laws or the Attorney General of the United States for employment under this Agreement,
the District shall terminate this Agreement. If the District has a good faith belief that a subcontractor performing work under this
Agreement knowingly hired, recruited or referred an alien who is not duly authorized to work by the immigration laws or the
Attorney General of the United States for employment under this Agreement, the District shall promptly notify Grau and order
Grau to immediately terminate the contract with the subcontractor. Grau shall be liable for any additional costs incurred by the
District as a result of the termination of a contract based on Grau's failure to comply with E-Verify requirements evidenced herein.
We will complete the audit within prescribed statutory deadlines, with the understanding that your employees will provide
information needed to perform the audit on a timely basis.We acknowledge that the District must submit its annual Audit to the
Auditor General no later than nine(9)months after the end of the audited fiscal year.
The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we
are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies)contesting the
audit finding for guidance prior to destroying the audit documentation.
Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be
submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies,
work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid
in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon
written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time
expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated
cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit.
If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.
This agreement may be renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees.
The fee for each annual renewal will be agreed upon separately.
The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of
termination to Grau &Associates. Upon any termination of this agreement, Grau &Associates shall be entitled to payment of
all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the
District may have against Grau &Associates.
We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent
peer review reports and letters of comment received during the period of the contract. Our 2023 peer review report accompanies
this letter.
We appreciate the opportunity to be of service to Naples Heritage Community Development District and believe this letter
accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with
the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.
Very truly yours,
Grau&Associates
Antonio J. Grau
RESPONSE:
This letter correctly sets forth the understanding of pies , rita mmunity Development District.
Justin Faircloth
By: lu As approved by the Board at their 11/7/23 meeting.
Title: District Manager/ Secretary Approved for Fiscal years 2023, 2024 & 2025
after review with the attorney. We will need to
Date: 12/26/23 go out for bid for the FY2026 audit.
Naples Heritage Community Development District 5
tr4
16 1 1 -
FICPA Peer Review
`.ry A I C PA Program
Florida Institute of Ceritied Puolic 4ccountarts
FICPA Peer Review Program AICPA Peer Review Program
Administered in Florida Administered in Florida
by The Florida Institute of CPAs by the Florida Institute of CPAs
March 17,2023
Antonio Grau
Grau&Associates
951 Yamato Rd Ste 280
Boca Raton, FL 33431-1809
Dear Antonio Grau:
It is my pleasure to notify you that on March 16, 2023, the Florida Peer Review Committee accepted the
report on the most recent System Review of your firm.The due date for your next review is December 31,
2025. This is the date by which all review documents should be completed and submitted to the
administering entity.
As you know, the report had a peer review rating of pass. The Committee asked me to convey its
congratulations to the firm.
Thank you for your cooperation.
Sincerely,
R OA Aui ket4tw eos:. ,6ticc
Peer Review Team
FICPA Peer Review Committee
850.224.2727,x5957
cc: Daniel Hevia, Racquet McIntosh
Firm Number: 900004390114 Review Number. 594791
119 S Monroe Street,Suite 121 I Tallahassee,FL 323011 850.224.2727,in Florida I www.ficoa.org
161 1 :
NAPLES HERITAGE
Community Development District
Financial Report
September 30,2023
Prepared by
6INFRAMARK
INFRASTRUCTURE MANAGEMENT SERVICES
NAPLES HERITAGE 16 I , --
Community Development District
Table of Contents
FINANCIAL STATEMENTS
Balance Sheet Page 1
Statement of Revenues, Expenditures and Changes in Fund Balances
General Fund Page 2-3
SUPPORTING SCHEDULES
Non-Ad Valorem Special Assessments Page 4
Cash and Investment Balances Page 5
Check Register Page 6-8
16I = _
NAPLES HERITAGE
Community Development District
Financial Statements
(Unaudited)
September 30, 2023
NAPLES HERITAGE b 1
Community Development District General Fund
Balance Sheet
September 30, 2023
ACCOUNT DESCRIPTION TOTAL
ASSETS
Cash-Checking Account $ 65,423
Due From Other Gov'tl Units 35
Investments:
Money Market Account 7,574
Deposits 560
TOTAL ASSETS $ 73,592
LIABILITIES
Accounts Payable $ 2,163
Accrued Expenses 19,059
TOTAL LIABILITIES 21,222
FUND BALANCES
Nonspendable:
Deposits 560
Assigned to:
Operating Reserves 21,939
Reserves-Fountains 1,200
Reserves-Road and Lakes 27,671
Unassigned: 1,000
TOTAL FUND BALANCES $ 52,370
TOTAL LIABILITIES&FUND BALANCES $ 73,592
Page 1
NAPLES HERITAGE 16 1
Community Development District General Fund
Statement of Revenues, Expenditures and Changes in Fund Balances
For the Period Ending September 30, 2023
ANNUAL YTD ACTUAL
ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF SEP-23 SEP-23
ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL
REVENUES
Interest-Investments $ 240 $ 240 $ 4,825 $ 4,585 2010.42% $ 20 $ 348
Interest-Tax Collector - - 279 279 0.00% - -
Special Assmnts-Tax Collector 119,850 119,850 119,695 (155) 99.87% - -
Special Assmnts-Discounts (4,794) (4,794) (4,385) 409 91.47% - -
TOTAL REVENUES 115,296 115,296 120,414 5,118 104.44% 20 348
EXPENDITURES
Administration
P/R-Board of Supervisors 5,000 5,000 5,000 - 100.00% - -
FICA Taxes 383 383 383 - 100.00% - -
ProfServ-Engineering 2,000 2,000 4,208 (2,208) 210.40% 2,000 1,137
ProfServ-Field Management 895 895 895 - 100.00% 895 895
ProfServ-Legal Services 3,500 3,500 7,128 (3,628) 203.66% 3,500 1,390
ProfServ-Mgmt Consulting 24,708 24,708 24,708 - 100.00% 2,059 4,118
ProfServ-Property Appraiser 1,798 1,798 258 1,540 14.35% - -
ProfServ-Web Site Maintenance 715 715 715 - 100.00% 60 119
Auditing Services 3,000 3,000 3,100 (100) 103.33% - -
Postage and Freight 750 750 1,504 (754) 200.53% 63 41
Insurance-General Liability 7,747 7,747 7,747 - 100.00% - -
Printing and Binding 900 900 438 462 48.67% 75 6
Legal Advertising 2,400 2,400 1,904 496 79.33% - -
Misc-Bank Charges 546 546 - 546 0.00% 46 -
Misc-Assessment Collection Cost 2,397 2,397 2,306 91 96.20% - -
Misc-Contingency 376 376 1,400 (1,024) 372.34% 376 -
Misc-Web Hosting 1,850 1,850 2,146 (296) 116.00% 250 -
Office Expense 250 250 300 (50) 120.00% 21 -
Annual District Filing Fee 175 175 175 - 100.00% - -
Total Administration 59,390 59,390 64,315 (4,925) 108.29% 9,345 7,706
Field
Contracts-Fountain 716 716 737 (21) 102.93% - -
Contracts-Aerator Maintenance 3,550 3,550 4,084 (534) 115.04% - -
Electricity-Aerator 8,100 8,100 9,182 (1,082) 113.36% 675 1,469
R&M-Fence 480 480 - 480 0.00% 480 -
Misc-Contingency 15,520 15,520 15,520 - 100.00% 15,520 -
Capital Outlay - - 16,000 (16,000) 0.00% - -
Total Field 28,366 28,366 45,523 (17,157) 160.48% 16,675 1,469
Reserves
Reserve-Fountain 200 200 - 200 0.00% 200 -
Reserve-Roads and Lakes 27,340 27,340 26,130 1,210 95.57% 27,340 -
Total Reserves 27,540 27,540 26,130 1,410 94.88% 27,540 -
TOTAL EXPENDITURES&RESERVES 115,296 115,296 135,968 (20,672) 117.93% 53,560 9,175
Page 2
NAPLES HERITAGE
Community Development District General Fund
Statement of Revenues, Expenditures and Changes in Fund Balances
For the Period Ending September 30, 2023
ANNUAL YTD ACTUAL
ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE($) AS A%OF SEP-23 SEP-23
ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL
Excess(deficiency)of revenues
Over(under)expenditures - - (15,554) (15,554) 0.00% (53,540) (8,827)
Net change in fund balance $ - $ - $ (15,554) $ (15,554) 0.00% $ (53,540) $ (8,827)
FUND BALANCE,BEGINNING(OCT 1,2022) 67,924 67,924 67,924
FUND BALANCE,ENDING $ 67,924 $ 67,924 $ 52,370
Page 3
16 l 1 ~-
NAPLES HERITAGE
Community Development District
Supporting Schedules
September 30, 2023
NAPLES HERITAGE 16 1 I
Community Development District
Non-Ad Valorem Special Assessments - Collier County Tax Collector
Monthly Collection Distributions
For the Fiscal Year Ending September 30, 2023
Discount/ Gross
Date Net Amount (Penalties) Collection Amount
Received Received Amount Costs Received
Assessments Levied $ 119,850
Allocation % 100%
10/27/22 $ 673 $ 38 $ 14 $ 725
11/09/22 1,273 54 26 1,353
11/14/22 8,326 354 170 8,850
11/21/22 24,273 1,032 495 25,800
12/05/22 40,925 1,740 835 43,500
12/10/22 16,802 705 343 17,850
12/20/22 5,182 193 106 5,480
01/09/23 4,242 135 87 4,464
02/26/23 5,214 121 106 5,441
03/06/23 1,164 12 24 1,200
04/10/23 3,531 - 72 3,603
05/11/23 744 - 15 759
06/12/23 352 - 7 359
06/23/23 303 - 6 309
TOTAL $ 113,004 $ 4,384 $ 2,306 $ 119,693
% COLLECTED 99.9%
TOTAL OUTSTANDING $ 157
Page 4
NAPLES HERITAGE 16 1
Community Development District
Cash and Investment Balances
September 30, 2023
ACCOUNT NAME BANK NAME YIELD MATURITY BALANCE
GENERAL FUND
Checking Account-Operating Valley National 5.46% N/A 65,423
Money Market Account BankUnited 5.15% N/A 7,574
Total $ 72,997
Page 5
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16I1 --
8B
16 11 kez
RESOLUTION 2024-01
A RESOLUTION AMENDING NAPLES HERITAGE COMMUNITY
DEVELOPMENT DISTRICT GENERAL FUND BUDGET FOR
FISCAL YEAR 2023
WHEREAS, the Board of Supervisors, hereinafter referred to as the
"Board", of Naples Heritage Community Development District, hereinafter
referred to as "District", adopted a General Fund Budget for Fiscal Year
2023, and
WHEREAS, the Board desires to reallocate funds budgeted to
reappropriate Revenues and Expenses approved during the Fiscal Year.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF
SUPERVISORS OF NAPLES HERITAGE COMMMUNITY 11
DEVELOPMENT DISTRICT THE FOLLOWING:
1. The General Fund Budget is hereby amended in accordance with
Exhibit "A" attached.
7
2. This resolution shall become effective this 7th day of November
2023 and be reflected in the monthly and Fiscal Year End 9/30/2023
Financial Statements and Audit Report of the District.
Naples Heritage
Community Development District
i:eChairm
Attest:
By: r/" tee +
Secretary
NAPLES HERITAGE 16 ' 1 rm
Community Development District General Fund
Proposed Budget Amendment
For the Period Ending September 30, 2023
Exhibit A
CURRENT PROPOSED FINAL YEAR TO DATE VARIANCE($)
ACCOUNT DESCRIPTION BUDGET AMENDMENT BUDGET ACTUAL FAV(UNFAV)
REVENUES
Interest-Investments $ 240 $ - $ 240 $ 4,825 $ 4,585
Interest-Tax Collector - - - 279 279
Special Assmnts-Tax Collector 119,850 - 119,850 119,695 (155)
Special Assmnts-Discounts (4,794) - (4,794) (4,385) 409
TOTAL REVENUES 115,296 - 115,296 120,414 5,118
EXPENDITURES
Administration
P/R-Board of Supervisors 5,000 - 5,000 5,000 -
FICA Taxes 383 - 383 383 -
ProfServ-Engineering 2,000 2,200 4,200 4,208 (8)
ProfServ-Field Management 895 - 895 895 -
ProfServ-Legal Services 3,500 3,600 7,100 7,128 (28)
ProfServ-Mgmt Consulting 24,708 - 24,708 24,708 -
ProfServ-Property Appraiser 1,798 - 1,798 258 1,540
ProfServ-Web Site Maintenance 715 - 715 715 -
Auditing Services 3,000 - 3,000 3,100 (100)
Postage and Freight 750 754 1,504 1,504 -
Insurance-General Liability 7,747 - 7,747 7,747 -
Printing and Binding 900 - 900 438 462
Legal Advertising 2,400 - 2,400 1,904 496
Misc-Bank Charges 546 - 546 - 546
Misc-Assessment Collection Cost 2,397 - 2,397 2,306 91
Misc-Contingency 376 1,024 1,400 1,400 -
Misc-Web Hosting 1,850 296 2,146 2,146 -
Office Expense 250 - 250 300 (50)
Annual District Filing Fee 175 - _ 175 175 -
Total Administration 59,390 7,874 67,264 64,315 2,949
Field
Contracts-Fountain 716 - 716 737 (21)
Contracts-Aerator Maintenance 3,550 - 3,550 4,084 (534)
Electricity-Aerator 8,100 1,082 9,182 9,182 -
R&M-Fence 480 - 480 - 480
Misc-Contingency 15,520 2,212 17,732 15,520 2,212
Capital Outlay - 16,000 16,000 16,000 -
Total Field 28,366 19,294 47,660 45,523 2,137
Reserves
Reserve-Fountain 200 - 200 - 200
Reserve-Roads and Lakes 27,340 - 27,340 26,130 1,210
Report Date: 10/26/2023
16I 1 "
NAPLES HERITAGE
Community Development District General Fund
Proposed Budget Amendment
For the Period Ending September 30, 2023
CURRENT PROPOSED FINAL YEAR TO DATE VARIANCE($)
ACCOUNT DESCRIPTION BUDGET AMENDMENT BUDGET ACTUAL FAV(UNFAV)
Total Reserves 27,540 - 27,540 26,130 1,410
TOTAL EXPENDITURES&RESERVES 115,296 27,168 142,464 135,968 6,496
Excess(deficiency)of revenues
Over(under)expenditures - (27,168) (27,168) (15,554) 11,614
Net change in fund balance - (27,168) (27,168) (15,554) 11,614
FUND BALANCE,BEGINNING(OCT 1,2022) 67,924 - 67,924 67,924 -
FUND BALANCE,ENDING $ 67,924 $ (27,168) $ 40,756 $ 52,370 $ 11,614
Report Date: 10/26/2023
I t �en
NAPLES HERITAGE
COMMUNITY DEVELOPMENT DISTRICT
Motion:Assigning Fund Balance as of 09/30/23
The Board hereby assigns the FY 2023 Reserves as follows:
FY2022
Operating Reserves $ 21,939
Reserves - Fountains 1,200
Reserves- Roads and
Lakes 27,671
Total Assigned Reserves $ 50,810
1611 -
8D
Service Report
SQLITUDE
16 I 1 �.
LAKE MANAGEMENT
Account Naples Heritage CDD
Work Order Contact Justin Faircloth
Work Order 00164698 Address 8150 Heritage Club Way
Number Naples,FL 34112
Created Date 5/15/2023
Work Details
Specialist Completed fountain maintenance-Reset Prepared By Eric CarnalI
Comments to breaker,cleaned spinnin display head.
Customer
Specialist State
License Number
Work Order Assets
Asset Status Product Work Type
Naples Herit AQUA Fountain 1 Site#14 FTN Serviced
Service Parameters
Asset Product Work Type Specialist Comments to Customer
Naples Herit AQUA CHECK POWER
Fountain 1 Site#14 CABLE
FTN
Naples Herit AQUA PANEL
Fountain 1 Site#14 COMPONENT
FTN CHECK
Naples Herit AQUA LIGHTING
Fountain 1 Site#14 INSPECTION(IF
FTN APPLICABLE)
Naples Herit AQUA FOUNTAIN
Fountain 1 Site#14 FUNCTIONALITY
FTN
Naples Herit AQUA
Fountain 1 Site#14 Completed maintenance on fountain.Main breaker for fountain was tripped upon arrival reset
FTN and fountain ran under normal parameters.Cleaned fountain including spinning head.
Service Report
16 I
SQLITUDE
LAKE MANAGEMENT
Account Naples Heritage CDD
Work Order Contact Justin Faircloth
Work Order 00292983 Address 7503 Arbor Lake Court
Number Naples,FL 34112
Created Date 6/7/2023
Work Details
Specialist Responded to a request for service for Lake 6 Prepared By Eric Carnal)
Comments to (Holes 6/8).Replaced start capacitor and
Customer balanced the air stations.
Specialist State
License Number
Work Order Assets
Asset Status Product Work Type
Naples Heritage-Aerator#6 Lake 6 Included
Service Parameters
Asset Product Work Type Specialist Comments to Customer
Naples Heritage-Aerator#6 Lake 6
Service Report
SQLITUDE 16 I -
LAKE MANAGEMENT
Account Naples Heritage CDD
Work Order Contact Justin Faircloth
Work Order 00312281 Address 7543 Stoney Brook Drive
Number Naples,FL 34112
Created Date 7/12/2023
Work Details
Specialist Installed new compressor on site 5(Hole 7). Prepared By Eric Carnal)
Comments to Observed all air stations running.All functions
Customer normal at departure.
Specialist State
License Number
Work Order Assets
Asset Status Product Work Type
Naples Heritage-Aerator#7 Lake 5 Included
Service Parameters
Asset Product Work Type Specialist Comments to Customer
Naples Heritage-Aerator#7 Lake 5
Service Report
SQLITUDE i6 I
LAKE MANAGEMENT
Account Naples Heritage CDD
Work Order Contact Justin Faircloth
Work Order 00285762 Address 8150 Heritage Club Way
Number Naples,FL 34112
Created Date 7/18/2023
Work Details
Specialist Completed fountain maintenance-Pressure Prepared By Eric Carnall
Comments to washed float,spinning head,and intake.
Customer Removed fishing line from spinning display head.
All functions normal at departure.
Specialist State
License Number
Work Order Assets
Asset Status Product Work Type
Naples Herit AQUA Fountain 1 Site#14 FTN Inspected
Service Parameters
Asset Product Work Type Specialist Comments to Customer
Naples Herit AQUA Fountain 1 Site#14 FTN CHECK POWER CABLE
Naples Herit AQUA Fountain 1 Site#14 FTN PANEL COMPONENT CHECK
Naples Herit AQUA Fountain 1 Site#14 FTN LIGHTING INSPECTION(IF APPLICABLE)
Naples Herit AQUA Fountain 1 Site#14 FTN FOUNTAIN FUNCTIONALITY
Naples Herit AQUA Fountain 1 Site#14 FTN
Service Report �j
j ,w
SQL1TUDE
LAKE MANAGEMENT
Account Naples Heritage CDD
Work Order Contact Justin Faircloth
Work Order 00288306 Address 8150 Heritage Club Way
Number Naples,FL 34112
Created Date 7/21/2023
Work Details
Specialist Completed aeration maintenance-Replaced Prepared By Eric Carnall
Comments to filters,cleaned cabinet,and balanced deiffusers.
Customer
Specialist State
License Number
Work Order Assets
Asset Status Product Work Type
Naples Herit VTX Aerator 3 Site#2 Aer Serviced
Naples Herit VTX Aerator 4 Site#4 Serviced
Naples Herit VTX Aerator 5 Site#1 Aer Serviced
Naples Herit VTX Aerator 1 Site#16 Aer Serviced
Naples Herit VTX Aerator 2 Site#17 Serviced
Service Parameters
Asset Product Work Type Specialist Comments to Customer
Naples Herit VTX Aerator 5 Site#1 Aer DIFFUSER OPERATION
Naples Herit VTX Aerator 5 Site#1 Aer CABINET OPERATION
Naples Herit VTX Aerator 4 Site#4 DIFFUSER OPERATION
Naples Herit VTX Aerator 4 Site#4 CABINET OPERATION
Naples Herit VTX Aerator 3 Site#2 Aer DIFFUSER OPERATION
Naples Herit VTX Aerator 3 Site#2 Aer CABINET OPERATION
Naples Herit VTX Aerator 2 Site#17 DIFFUSER OPERATION
Naples Herit VTX Aerator 2 Site#17 CABINET OPERATION
Naples Herit VTX Aerator 1 Site#16 Aer DIFFUSER OPERATION
Naples Herit VTX Aerator 1 Site#16 Aer CABINET OPERATION
Naples Herit VTX Aerator 2 Site#17
Naples Herit VTX Aerator 1 Site#16 Aer
Naples Herit VTX Aerator 5 Site#1 Aer
Naples Herit VTX Aerator 4 Site#4
Naples Herit VTX Aerator 3 Site#2 Aer
16I1
SQL1TUDE
LAKE MANAGEMENT
Property Name Naples Heritage CDD Created Date 6/20/2023
Description Quote to replace one of the compressors which Quote Number 00003175
runs Lake 5 aeration system.1 yr warranty on
compressor.
Prepared By Eric Carnal)
Phone (727)580-8822
Email ecarnall@solitudelake.com
Product Quantity Sales Price Total Price
1/2 HP Dual Piston 115V Compressor+ 1.00 $685.83 $685.83
Freight 1.00 $25.00 $25.00
Labor Fee 1.00 $107.00 $107.00
Taxes may be applicable Total Price $817.83
Quote Acceptance Information
Signature
Name
Title
Date
1611 -
SQLITUDE
LAKE MANAGEMENT
Property Name Naples Heritage CDD Created Date 9/18/2023
Description Quote includes service fee,labor and repair Quote Number 00004286
parts for aerators in lake 6 and 14.
Prepared By Collin Brown
Phone (561)889-7385
Email collin.brown@solitudelake.com
Product Quantity Sales Price Total Price
1/2 HP COM106 Maintenance Kit 2.00 $151.80 $303.60
9 inch Self-cleaning disc 5.00 $71.30 $356.50
General Cost 1.00 $30.00 $30.00
Labor 8.50
$107.00 $909.50
Service Fee 1.00 $82.00 $82.00
General Cost Lake 6-3.5 hrs of labor.2 rebuild kits and GFCI weatherproof cover(general cost).Completed on 09/15.
Description Lake 14-5 new stations needed.5 hours of labor.To be completed.
Taxes may be applicable Total Price $1,681.60
Quote Acceptance Information
Signature
Name
Title
Date
16Ii
OATH OF OFFICE
"I, J. Oscar Perez, do solemnly swear (or affirm) that I will support,
protect, and defend the Constitution and government of the United States of
America and of the State of Florida; that I am duly qualified to hold office
under the Constitution of the State; and that I will well and faithfully
perform the duties as a member of the Collier County Industrial
Development Authority on which I am now about to enter. So help me d."
STATE OF FLORIDA
COUNTY OF COLLIER
The foregoing instrument was acknowledged before me this day of
January, 2024 by J. Oscar Perez, who is personally known to me and who did take
an oath.
.RL.: i:ic)
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'�' �q,�c�,11S310tJ#NH252282Notary Pu he
� 202s My Commission Expires.