Naples Heritage Agenda 01-02-2024 RevisedNaples Heritage Community Development District
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, January 2, 2024 — 9:00 a.m.
1. Roll Call
2. Approval of Agenda
3. Public Comment on Agenda Items
4. Approval of Minutes of the November 7, 2023 Meeting
5. New Business
A. Discussion of Form 6
B. Discussion of Five Acres of Land for Tennis Courts
6. Old Business
A. Club Updates
i. Nature Trail
ii. Gatehouse Repairs
iii. Colonial Court Melaleuca Removal
iv. Colonial Court Fence Installation
B. Fiscal Year 2024 Lake Bank Restoration
7. Attorney's Report
8. District Manager's Report
A. Acceptance of Financial Report as of November 30, 2023
B. Fiscal Year 2025 Draft Budget Discussion
C. Follow-up Items
i. Assessment Issue
ii. Stormwater Inspection and Cleanout Discussion
9. Engineer's Report
10. Supervisor Comments
11. Audience Comments
12. Adjournment
The next meeting is scheduled for Tuesday, March 5, 2024 at 9:00 a.m.
District Office:
Inframark, Community Management Services
210 North University Drive, Suite 702
Coral Springs, Florida 33071
954-603-0033
Meeting Location:
Naples Heritage Golf & Country Club Clubhouse
8150 Heritage Club Way
Naples, Florida 34112
239-417-2555
www.naplesheritagecdd.com
NAPLES HERITAGE CDD
15275 COLLIER BLVD ## 201-346
NAPLES, FL 34119-6750
Affidavit of Publication
STATE OF WISCONSIN
COUNTY OF BROWN
Before the undersigned authority personally appeared, who
on oath says that he or she is the Legal Coordinator of the
Naples Daily News, published in Collier County, Florida;
that the attached copy of advertisement, being a Public
Notices, was published on the publicly accessible website
of Collier and Lee Counties, Florida, or in a newspaper by
print in the issues of, on:
Issue(s) dated: 09/27/2023
Affant further says that the website or newspaper complies
with all legal requirements for publication in chapter 50,
Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who
is personally Known to me, on September 27, 2023:
Notary, State I oun y f own
My commission expires
Publication Cost: $357.00
Ad No: 0005831539
Customer No: 1306647
PO #:
# of Affidavits)
This is not an invoice
Notice of Regular Meeting Schedule
Naples Heritage Community
Development District
The Board of Supervisors of the Naples Heritage Community De-
velopment District will hold their meetings for Fiscal Year
2023/2024 at the Naples Heritage Golf and Country Club Club-
house, 8150 Heritage Club Way, Naples, Florida at 9:00 a.m. as
follows:
November 7, 2023
January 2, 2024
March 5, 2024 (FY 2025 Budget Approval)
April 2, 2024
May 7, 2024 (FY 2025 Budget Adoption
The meetings are open to the public and will be con-
ducted in accordance with the provision of Florida Law for Com-
munity Development Districts. There may be occasions when
one or more Supervisors may participate via phone. Any inter-
ested person can attend the meeting at the alcove location and
he fully informed of the discussions taking place. Meetings may
be continued to a date, time and location to be specified on the
record atthe meetings without additional publication of notice.
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
the District's website at www.naplesheritageccid.com. Addition-
ally, interested parties may refer to the District's website for the
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
(48) hours prior to the meeting. If you are hearing or speech im-
paired, please contact the Florida Relay Service by dialing 7-1-1,
or 1-800-955-8771 (TTY) 11-800-955-8770 (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
the testimony and evidence upon which such appeal is to be
based.
Justin Faircloth
District Manager
September 27, 2023 #k5931539
�NANCY H YRi1riAN
Notary Pijb!ic:
tatc of VnIjsc() ri
Comm. Develop. Dist. CDD
Invoice # CL00016367
9026 0ct-12-23
AMOUNT DUE $ 288.86
DATE
REF NO
DESCRIPTION
NET
TAXES
SVC
TOTAL
Oct-12-23
RENO 01
CREDENZA FOR GUARDHOUSE
288.86
288.86
0.00
0.00
0.00
0.00
288.86
288.86
NAPLES HERITAGE
Community Development District
Financial Report
November 30, 2023
Prepared by
(bINFRAMARK
INFRASTRUCTURE MANAGEMENT SERVICES
NAPLES HERITAGE
Community Development District
Table of Contents
FINANCIAL STATEMENTS
Balance Sheet
Statement of Revenues, Expenditures and Changes in Fund Balances
General Fund
SUPPORTING SCHEDULES
Non -Ad Valorem Special Assessments
Cash and Investment Balances
Check Register
Page 1
Page 2 - 3
Page 4
Page 5
Page 6
NAPLES HERITAGE
Community Development District
Financial Statements
(Unaudited)
November 30, 2023
NAPLES HERITAGE
Community Development District
Balance Sheet
November 30, 2023
General Fund
ACCOUNT DESCRIPTION TOTAL
ASSETS
Cash - Checking Account $ 115,693
Due From Other Gov'tl Units 35
Investments:
Money Market Account 7,641
Deposits 560
TOTAL ASSETS $ 123,929
LIABILITIES
Accounts Payable $ 5,586
Accrued Expenses 21,180
Accrued Taxes Payable 122
TOTAL LIABILITIES 26,888
FUND BALANCES
Nonspendable:
Deposits
560
Assigned to:
Operating Reserves
21,939
Reserves - Fountains
1,200
Reserves - Road and Lakes
27,671
Unassigned:
45,671
TOTAL FUND BALANCES
$ 97,041
TOTAL LIABILITIES & FUND BALANCES $ 123,929
Page 1
NAPLES HERITAGE
Community Development District
Statement of Revenues, Expenditures and Changes in Fund Balances
For the Period Ending November 30, 2023
General Fund
ANNUAL YTD ACTUAL
ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A %OF NOV-23 NOV-23
ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL
REVENUES
Interest - Investments
$ 240 $
40 $
757 $
717
315.42% $
20 $
417
Interest - Tax Collector
-
-
3
3
0.00%
-
-
SpecialAssmnts- TaxCollector
179,776
55,161
66,732
11,571
37.12%
55,161
65,781
SpecialAssmnts- Discounts
(7,191)
(2,206)
(2,683)
(477)
37.31%
(2,206)
(2,633)
TOTAL REVENUES
172,825
52,995
64,809
11,814
37.50%
52,975
63,565
EXPENDITURES
Administration
P/R-Board of Supervisors
5,000
1,000
800
200
16.00%
1,000
800
FICA Taxes
383
77
61
16
15.93%
77
61
ProfServ-Engineering
2,000
333
-
333
0.00%
167
-
ProfServ-Field Management
922
-
-
-
0.00%
-
-
ProfServ-Legal Services
3,500
583
770
(187)
22.00%
292
770
ProfServ-Mgmt Consulting
25,457
4,243
4,243
-
16.67%
2,121
4,243
ProfServ-Property Appraiser
2,697
2,697
464
2,233
17.20%
-
-
ProfServ-Web Site Maintenance
736
123
61
62
8.29%
61
61
Auditing Services
3,200
-
-
-
0.00%
-
-
Postage and Freight
750
125
18
107
2.40%
63
18
Insurance -General Liability
7,747
7,747
9,406
(1,659)
121.41%
-
-
Printing and Binding
720
120
-
120
0.00%
60
Legal Advertising
2,400
400
-
400
0.00%
200
-
Misc-Assessment Collection Cost
3,596
1,103
1,281
(178)
35.62%
1,103
1,263
Misc-Contingency
376
63
-
63
0.00%
31
-
Misc-Web Hosting
1,823
304
388
(84)
21.28%
152
388
Office Expense
250
42
-
42
0.00%
21
-
Annual District Filing Fee
175
175
175
-
100.00%
-
-
Total Administration
61,732
19,135
17,667
1,468
28.62%
5,348
7,604
Field
Contracts -Fountain
737
123
184
(61)
24.97%
61
-
Contracts -Aerator Maintenance
3,550
592
618
(26)
17.41 %
296
-
Electricity - Aerator
8,400
1,400
807
593
9.61 %
700
624
R&M -Fence
480
80
-
80
0.00%
40
-
R&M -Lake
37,500
6,250
6,250
0.00%
3,125
Misc-Contingency
16,886
2,814
2,814
0.00%
1,407
Capital Outlay
16,000
2,667
2,667
0.00%
1,333
Total Field 83,553 13,926 1,609 12,317 1.93% 6,962 624
Reserves
Reserve - Fountain
200
200
200
0.00%
Reserve - Roads and Lakes
27,340
27,340
27,340
0.00%
Total Reserves
27,540
27,540
- 27,540
0.00% -
TOTAL EXPENDITURES & RESERVES
172,825
60,601
19,276 41,325
11.15% 12,310 8,228
Page 2
NAPLES HERITAGE
Community Development District General Fund
Statement of Revenues, Expenditures and Changes in Fund Balances
For the Period Ending November 30, 2023
ANNUAL
YTD ACTUAL
ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($)
AS A % OF NOV-23
NOV-23
ACCOUNT DESCRIPTION
BUDGET BUDGET ACTUAL FAV(UNFAV)
ADOPTED BUD BUDGET
ACTUAL
Excess (deficiency) of revenues
Over (under) expenditures
(7,606) 45,533 53,139
0.00% 40,665
55,337
Net change in fund balance
$ - $ (7,606) $ 45,533 $ 53,139
0.00% $ 40,665
$ 55,337
FUND BALANCE, BEGINNING (OCT 1, 2022)
67,924 67,924 67,924
FUND BALANCE, ENDING
$ 67,924 $ 60,318 $ 113,457
Page 3
NAPLES HERITAGE
Community Development District
Supporting Schedules
November 30, 2023
NAPLES HERITAGE
Community Development District
Non -Ad Valorem Special Assessments - Collier County Tax Collector
Monthly Collection Distributions
For the Fiscal Year Ending September 30, 2024
Date
Received
Net Amount
Received
Discount/
(Penalties)
Amount
Collection
Costs
Gross
Amount
Received
Assessments Levied
$ 119,850
Allocation %
100%
10/30/23
$ 883
$ 50
$ 18
$ 951
11 /06/23
1,505
64
31
1,600
11 /14/23
16,558
704
338
17,600
11/20/23
23,594
1,005
482
25,081
11 /24/23
20,228
860
413
21,501
TOTAL
$ 62,768
$ 2,683
$ 1,282
$ 66,733
% COLLECTED 55.7%
TOTAL OUTSTANDING $ 53,117
Page 4
NAPLES HERITAGE
Community Development District
Cash and Investment Balances
November 30, 2023
ACCOUNT NAME BANK NAME YIELD MATURITY BALANCE
GENERALFUND
Checking Account - Operating Valley National 5.38% N/A 115,693
Money Market Account BankUnited 5.45% N/A 7,641
Total $ 123,334
Page 5
NAPLES HERITAGE
Community Development District
Payment Register by Fund
For the Period from 10/01/23 to 11/30/23
(Sorted by Check / ACH No.)
Fund
No.
Check /
ACH No.
Date
Payee
Invoice No.
Payment Description
Invoice / GL Description
G/L Account #
Amount
Paid
GENERAL FUND - 001
001
5338
10/25/23
COLEMAN, YOVANOVICH & KOESTER, P.A.
110
PROFESSIONAL FEES THRU 8/22/23
ProfServ-Legal Services
531023-51401
$370.00
001
5338
10/25/23
COLEMAN, YOVANOVICH & KOESTER, P.A.
111
PROFESSIONAL FEES 9/22/23
ProfServ-Legal Services
531023-51401
$1,020.00
001
5339
10/25/23
FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY
88236
DISTRICT FILING FEE FY24
Annual District Filing Fee
554007-51301
$175.00
001
5340
10/25/23
INFRAMARK, LLC
101910
9/2023 VARIABLE CHARGES
Postage and Freight
541006-51301
$1.89
001
5341
11/01/23
SOLITUDE LAKE MANAGEMENT LLC
PSI018757
ANNUAL MAINT 10/1-3/31/23
Contracts -Aerator Maintenance
534129-53901
$618.00
001
5341
11/01/23
SOLITUDE LAKE MANAGEMENT LLC
PSI015583
ANNUAL MAINT 10/1-12/31/23
Contracts -Fountain
534023-53901
$184.37
001
5342
11/06/23
SOLITUDE LAKE MANAGEMENT LLC
PSI-89644
7/1/23 - 9/30/23 ANNUAL MAINT AQUA FOUNTAIN
Contracts -Fountain
534023-53901
$184.37
001
5342
11/06/23
SOLITUDE LAKE MANAGEMENT LLC
PSI-90223
7/1/23 - 12/31/23 AERATOR MAINT
Contracts -Aerator Maintenance
534129-53901
$393.45
001
5344
11/16/23
COLLIER COUNTY PROPERTY
100123
BILL FOR 2023/2024
ProfServ-Property Appraiser
531035-53901
$463.97
001
5345
11/28/23
RISK MANAGEMENT ASSOCIATES, INC
13533078
Insurance - General Liability
545002-51301
$9,406.00
001
DD397
10/10/23
FPL-ACH
09292023-96465 ACH
ACCT# 96307-96465 8/30-9/29/2023
Electricity - Aerator
543051-53901
$54.37
001
DD398
10/10/23
FPL-ACH
09292023-56059 ACH
ACCT# 87443-56059 8/30-9/29/2023
Electricity - Aerator
543051-53901
$51.78
001
DD399
10/10/23
FPL-ACH
09292023-75177ACH
ACCT# 67151-75177 8/30-9/29/2023
Electricity - Aerator
543051-53901
$175.22
001
DD400
10/10/23
FPL-ACH
09292023-08368 ACH
ACCT# 62115-08368 8/30-9/29/2023
Electricity - Aerator
543051-53901
$115.71
001
DD401
10/10/23
FPL-ACH
09292023-62125 ACH
ACCT# 57930-62125 8/30-9/29/2023
Electricity - Aerator
543051-53901
$64.09
001
DD402
10/10/23
FPL-ACH
09292023-29437 ACH
ACCT# 53546-29437 8/30-9/29/2023
Electricity - Aerator
543051-53901
$38.17
001
DD403
10/10/23
FPL-ACH
09292023-99566 ACH
ACCT# 46592-99566 8/30-9/29/2023
Electricity - Aerator
543051-53901
$62.01
001
DD404
10/10/23
FPL-ACH
09292023-19435 ACH
ACCT# 26719-19435 8/30-9/29/2023
Electricity - Aerator
543051-53901
$55.81
001
DD405
10/10/23
FPL-ACH
09292023-45567 ACH
ACCT# 00255-45567 8/30-9/29/2023
Electricity -Aerator
543051-53901
$90.94
001
DD416
11/11/23
FPL-ACH
103123=0566ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity - Aerator
543051-53901
$128.93
001
DD417
11/11/23
FPL-ACH
103123-5567ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity - Aerator
543051-53901
$96.00
001
DD418
11/11/23
FPL-ACH
103123-9435ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity -Aerator
543051-53901
$58.51
001
DD419
11/11/23
FPL-ACH
103123-2125ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity -Aerator
543051-53901
$67.48
001
DD420
11/11/23
FPL-ACH
102123-9437ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity -Aerator
543051-53901
$39.60
001
DD421
11/11/23
FPL-ACH
103123- 8368 ACH
ELECT SERVICES 09/29/23-10/31/23
Electricity -Aerator
543051-53901
$121.68
001
DD422
11/11/23
FPL-ACH
103123-5177ACH
ELECT SERVICES 09/26/23-10/31/23
Electricity -Aerator
543051-53901
$183.26
001
DD423
11/11/23
FPL-ACH
103123-6059ACH
ELECT SERVICE09/29/23-10/31/23
Electricity -Aerator
543051-53901
$54.00
001
DD425
11/11/23
FPL-ACH
103123-6465ACH
ELECT SERVICES 09/23/23-10/31/23
Electricity -Aerator
543051-53901
$57.36
001
5343
11/14/23
GERALD G. JAMES
PAYROLL
November 14, 2023 Payroll Posting
$184.70
001
DD413
11/14/23
KENNETH R. GAYNOR
PAYROLL
November 14, 2023 Payroll Posting
$184.70
001
DD414
11/14/23
GORDON R. METTAM
PAYROLL
November 14, 2023 Payroll Posting
$184.70
001
DD415
11/14/23
PHILIP G. SMITH
PAYROLL
November 14, 2023 Payroll Posting
$184.70
Fund Total
$15,070.77
Total Checks Paid
$15,070.77
Page 6
NAPLES HERITAGE
Community Development District
Annual Operating Budget
Fiscal Year 2025
Proposed Budget
(Printed on 12/21/23 12:00pm)
Prepared by
(biNFRAMARK
INFRASTRUCTURE MANAGILMIL :T SERVICES
NAPLES HERITAGE
Community Development District
Table of Contents
Page #
OPERATING BUDGET
General Fund
Summary of Revenues, Expenditures and Changes in Fund Balances ................................... 1-2
BudgetNarrative......................................................................................................... 3-6
Exhibit A - Allocation of Fund Balances............................................................................ 7
SUPPORTING BUDGET SCHEDULE
2024-2025 Comparison of Assessment Rates................................................................. 8
NAPLES HERITAGE
Community Development District
Operating Budget
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Summary of Revenues, Expenditures and Changes in Fund Balances
Fiscal Year 2025 Proposed Budget
ADOPTED
ACTUAL ACTUAL BUDGET
ACCOUNT DESCRIPTION FY 2022 FY 2023 FY 2024
ACTUAL PROJECTED TOTAL
THRU DEC- PROJECTED
NOV-2023 SEP-2024 FY 2024
ANNUAL
BUDGET
FY 2025
REVENUES
Interest - Investments
$ 582 $
4,822 $
240 $
757 $
7,570 $
8,327 $
240
Interest - Tax Collector
8
279
-
3
30
33
-
Special Assmnts- Tax Collector
119,850
119,695
179,776
66,732
113,044
179,776
179,776
Special Assmnts-Discounts
(4,377)
(4,385)
(7,191)
(2,683)
(4,508)
(7,191)
(7,191)
TOTAL REVENUES
116,063
120,411
172,825
64,809
116,136
180,945
172,825
EXPENDITURES
Administrative
P/R-Board of Supervisors
FICA Taxes
ProfServ-Engineering
ProfServ-Field Management
ProfServ-Legal Services
ProfServ-Mgmt Consulting Sery
ProfServ-Property Appraiser
ProfServ-Web Site Maintenance
Auditing Services
Postage and Freight
Insurance - General Liability
Printing and Binding
Legal Advertising
Misc-Assessmnt Collection Cost
Misc-Contingency
Misc-Web Hosting
Office Expense
Annual District Filing Fee
Total Administrative
4,800
5,000
5,000
800
4,200
5,000
5,000
367
383
383
61
321
382
383
7,402
4,208
2,000
-
2,000
2,000
2,000
869
895
922
-
922
922
950
2,098
7,128
3,500
770
2,730
3,500
3,500
23,981
26,767
25,457
4,243
21,214
25,457
26,221
2
258
2,697
464
2,233
2,697
2,697
694
775
736
61
675
736
758
3,000
3,100
3,200
-
3,200
3,200
3,200
515
1,543
750
18
732
750
750
7,747
7,747
7,747
9,406
-
9,406
9,688
300
443
720
-
720
720
720
1,505
1,904
2,400
-
2,400
2,400
2,400
1,447
1,005
3,596
1,281
2,315
3,596
3,596
-
1,400
376
-
376
376
376
1,692
2,146
1,823
388
1,435
1,823
1,823
375
300
250
-
250
250
250
175
175
175
175
-
175
175
56,969
65,177
61,732
17,667
45,723
63,390
64,487
Annual Operating Budget
1
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Summary of Revenues, Expenditures and Changes in Fund Balances
Fiscal Year 2025 Proposed Budget
ADOPTED
ACTUAL
PROJECTED
TOTAL
ANNUAL
ACTUAL
ACTUAL
BUDGET
THRU
DEC-
PROJECTED
BUDGET
ACCOUNT DESCRIPTION
FY 2022
FY 2023
FY 2024
NOV-2023
SEP-2024
FY 2024
FY 2025
Field
Contract -Fountain
727
737
737
184
553
737
737
Contract -Aerator Maintenance
1,797
4,084
3,550
618
2,932
3,550
3,550
Electricity -Aerator
8,083
9,182
8,400
807
7,593
8,400
10,000
R&M -Fence
-
-
480
-
480
480
480
R&M -Lake
-
-
37,500
37,500
37,500
37,500
Misc-Contingency
20,077
15,520
16,886
16,886
16,886
16,886
Cap Outlay -Fence
-
16,000
16,000
16,000
16,000
11,645
Total Field
30,684
45,523
83,553
1,609
81,944
83,553
80,798
Reserves
Reserve - Fountains
-
-
200
200
Reserve - Roads and Lakes
17,906
26,130
27,340
27,340
Total Reserves
17,906
26,130
27,540
- - - 27,540
TOTAL EXPENDITURES & RESERVES
105,559
136,830
172,825
19,276 127,667 146,943 172,825
Excess (deficiency) of revenues
Over (under) expenditures
10,504
(16,419)
-
45,533 (11,531) 34,002 0
Net change in fund balance
10,504
(16,419)
- 45,533 (11,531)
34,002
(0)
FUND BALANCE, BEGINNING
57,419
67,924
51,508 51,508
51,508
85,510
FUND BALANCE, ENDING
$ 67,923 $
51,505 $
51,508 $ 97,041 $ (11,531) $
85,510 $
85,510
Annual Operating Budget
2
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Budget Narrative
Fiscal Year 2025
REVENUES
Interest -Investments
The District earns interest on the monthly average collected balance for their operating accounts.
Special Assessments -Tax Collector
The District will levy a Non -Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal
Year.
Special Assessments -Discounts
Per Section 197.162, Florida Statues, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4% of the
anticipated Non -Ad Valorem assessments.
EXPENDITURES
Administrative
P/R-Board of Supervisors
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting at which they are in attendance. The
amount for the Fiscal Year is based upon all supervisors attending all of the meetings.
Professional Services -Engineering
The District's engineer provides general engineering services to the District, i.e. attendance and preparation for monthly board meetings when requested, review of
invoices, and other specifically requested assignments.
Professional Services -Field Management
The District will have Inframark Infrastructure Management Services, Inc. perform an annual inspection of the CDD assets to insure they are being maintained to permit
levels.
Professional Services -Legal Services
The District's Attorney provides general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of
agreements and resolutions, and other research as directed or requested by the Board of Supervisors and the District Manager.
Annual Operating Budget
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Budget Narrative
Fiscal Year 2025
EXPENDITURES
Administrative (continued)
Professional Services -Management Consulting Services
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark Infrastructure Management Services,
Inc. Also included are costs for Information Technology charges to process all of the District's financial activities, i.e. accounts payable, financial statements, budgets,
etc., on a main frame computer owned by Inframark in accordance with the management contract and the charge for rentals. The budgeted amount for the fiscal year
is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.
Professional Services -Property Appraiser
The Property Appraiser provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses
of the owners of such property. The District reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. Per the Florida
Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment,
postage, and programming. The budgeted amount for property appraiser costs was based on a maximum of 1.5% of the anticipated assessment collections.
Professional Services -Web Site Maintenance
Inframark Infrastructure Management Services oversees the District's email accounts and provides assistance to Campus Suite regarding the website as necessary.
Auditing Services
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year
is based on contracted fees.
Postage and Freight
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.
Insurance -General Liability
The District is obliged to carry General Liability & Public Officials Liability Insurance.
Printing and Binding
This is for copies used in the preparation of agenda packages, required mailings, and other special projects.
Annual Operating Budget
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Budget Narrative
Fiscal Year 2025
EXPENDITURES
Administrative (continued)
Legal Advertising
The District is required to advertise various notices for Board meetings and public hearings in a newspaper of general circulation.
Miscellaneous -Assessment Collection Costs
The District reimburses the Tax Collector for her or his necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to,
those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the Tax
Collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The budgeted amount for collection
costs was based on a maximum of 2% of the anticipated assessment collections.
Miscellaneous -Contingency
This is for unforeseen administrative expenses occurring throughout the year.
Miscellaneous -Web Hosting
This is for the cost of maintaining the District's website domain and email accounts.
Office Expense
This is for supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Annual District Filing Fee
The District is required to pay an annual fee to the Department of Economic Opportunity Division of Community Development.
Annual Operating Budget
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Budget Narrative
Fiscal Year 2025
EXPENDITURES
Field
Contract - Fountain
This is for the quarterly contract for the fountain cleaning at Site #14.
Contract - Aerator Maintenance
This is for the semi-annual contracts for the maintenance of the aeration system Project 1, semi-annual contract for the maintenance of the aeration system Project 2
and for Sites #5 and #6 aeration systems.
Electricity - Aerator
This is for monthly electrical costs of the aeration system in the District.
R&M - Fence
This is for the repair and maintenance of the fence in the District.
R&M - Lake
This is for the repair and maintenance of the lakes around the District.
Miscellaneous — Contingency
This is for unforeseen field operating expenses occurring throughout the year.
Capital Outlay — Fence
This is for the repairs and replacement of the fence for the district
Reserves
Reserve -Fountain
The District will set aside funds to pay for future improvements of the fountain.
Reserve -Roads and Lakes
The District will set aside funds to pay for future improvements of the roads and lakes.
Annual Operating Budget
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Exhibit "A"
Allocation of Fund Balances
AVAILABLE FUNDS
Amount
Beginning Fund Balance - Fiscal Year 2025
$ 85,510
Net Change in Fund Balance - Fiscal Year 2025
-
Reserves - Fiscal Year 2025 Additions
27,540
Total Funds Available (Estimated) - 9/30/2025
113,050
ALLOCATION OF AVAILABLE FUNDS
Nonspendable Fund Balance
Deposits
Assigned Fund Balance
Operating Reserve - First Quarter Operating Capital
Reserves - Fountain - Prior Years
Reserves - Fountain - Budget Year - FY 2024
Reserves - Fountain - Budget Year - FY 2025
Reserves - Roads & Lakes - Prior Years
Reserves - Roads & Lakes - Budget Year - FY 2024
Reserves - Roads & Lakes - Budget Year - FY 2025
560
Subtotal
560
28,321
1,200
200
200
1,600
27,671
(2)
27,340
27,340
82,351
Subtotal 112,272
Total Allocation of Available Funds 112,832
Total Unassigned (undesignated) Cash
$ 218
Notes
(1) Should represent approximately 3 months of operating expenditures, but is reduced by $8,000 to
keep the total Unassigned(undesignated) Cash from being negative.
(2) Prior year reserves for roads and lakes less expenditures.
Annual Operating Budget
7
Fiscal Year 2025
NAPLES HERITAGE
Community Development District
Supporting Budget Schedule
Fiscal Year 2025
NAPLES HERITAGE
Community Development District General Fund
Comparison of Assessment Rates
Fiscal Year 2024 vs Fiscal Year 2025
O&M Assessment
Product
FY 2024
FY 2025
Percent
Change
All 799 Units
$ 225.00
$ 225.00
0.0%
Annual Operating Budget
Fiscal Year 2025
NatTie
Naples Heritage CDD
C/O Inframark
210 N. University Dr. Suite 702
Coral Springs, FL 33071
M.M. Inspection LLC
5570 Zip Dr.
Fart Myers Fl. 33905
239-984-5241 Office
239-236-1234 Fax
CGC 1507963
Propose
Project
Naples Heritage CDD
20241nspection
LDate^ _ -;
1/25/2023 3873
I Description ( Total
Total proposed cost to physically inspect specified storm stnlctt m. We wit[ utilize a diver to enter each structure to inspect
the condition to determine the amount of sand, debris, and blockage within the system. We will proved a detailed
inspection report of our findings and a pmpmal to clean all structures found to contain 25% or more sand, debris, and
blockage. This price includes all labor, material, and equipment needed to complete this job.
Any work completed outside the scope of this proposal will result in additional charges.
-2024 Inspection`"
Total $4, 500.4v
NMI. Underwater Specialist utilln8 the federal I{Yerif program in cuntmcts oath public employers
All matcriat is guaranteed to be as speerricd. All work to be cnnrpleted in it workmanti&e manner according to standard practicm Additional char g% may occur if any changes
ore made dw ing scope of work and will became an extra charge over and above the estimate. Ali agreements contingent upon strikes, accidents or delays beyond our control.
Owner to carry lire, tornado and other necessary inuurance. All contractors arc fully covered under general liability insurance. We will not be responsible for any unforseen
incidents, when we deµuter any wet wet[ svatem . Due to sink holes crevases or breeches cm in and around wet %ell. This proposal does not include replacing any
Iandscaping(Grass,trees, shrubs.etc.) all Joh3ites will be ietl gleam
Authorized Signature
rttt c �oe [[¢��
Vlichpel eadfpPresident
Arreptaurr of Proposal The Above price, specifications and conditions are sat€sfactory and are hereby accepted. You are atMortzed to do
the work as specified. Payrnelrts will be made within 30 days after invofced. If not we will agree to pay a 10% late fee.
This proposal may be withdrawn if not accepted within thirty (30) days.
Signature /E/ y..•./ ****An addendum is required for this contract.
Date of acceptance_//.2