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PBSD MSTBU Agenda 11/08/202333.A.2 PELICAN BAY SERVICES DIVISION Municipal Services Taxing & Benefit Unit M N NOTICE OF PUBLIC MEETING WEDNESDAY, NOV. 8, 2023 N THE PELICAN BAY SERVICES DIVISION BOARD WILL MEET AT 1 PM ON NOV. 8 00 AT THE COMMUNITY CENTER AT PELICAN BAY, 8960 HAMMOCK OAK DRIVE, 0 0 z NAPLES, FLORIDA, 34108. AGENDA 1. Pledge of Allegiance 2. Roll Call 3. Agenda approval 4. Approval of 10/11/23 Regular Session meeting minutes 5. Audience comments 6. Administrator's report a. Capital Projects updates i. Sidewalk Phase II status ii. Operations Facility bid b. October 31 Financial Report 7. Committee Reports a. Clam Bay i. *Approval of the Clam Pass maintenance dredging project 8. Chairman's report 9. Old Business 10. New Business/Miscellaneous Correspondence 11. Adjournment *indicates possible action items ANY PERSON WISHING TO SPEAK ON AN AGENDA ITEM WILL RECEIVE UP TO THREE (3) MINUTES PER ITEM TO ADDRESS THE BOARD. THE BOARD WILL SOLICIT PUBLIC COMMENTS ON SUBJECTS NOT ON THIS AGENDA AND ANY PERSON WISHING TO SPEAK WILL RECEIVE UP TO THREE (3) MINUTES, THE BOARD ENCOURAGES YOU TO SUBMIT YOUR COMMENTS IN WRITING IN ADVANCE OF THE MEETING. ANY PERSON WHO DECIDES TO APPEAL A DECISION OF THIS BOARD WILL NEED A RECORD OF THE PROCEEDING PERTAINING THERETO, AND THEREFORE MAY NEED TO ENSURE THAT A VERBATIM RECORD IS MADE, WHICH INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED. IF YOU ARE A PERSON WITH A DISABILITY WHO NEEDS AN ACCOMMODATION IN ORDER TO PARTICIPATE IN THIS MEETING YOU ARE ENTITLED TO THE PROVISION OF CERTAIN ASSISTANCE. PLEASE CONTACT THE PELICAN BAY SERVICES DIVISION AT (239) 252-1355. M N 0 N 00 11/01/2023 Packet Pg. 1054 33.A.2 PELICAN BAY SERVICES DIVISION BOARD REGULAR SESSION OCTOBER 11, 2023 The Pelican Bay Services Division Board met on Wednesday, October 11, 2023, at 1:00 p.m. at the Community Center at Pelican Bay, 8960 Hammock Oak Drive, Naples, Florida 34108. In attendance were: Pelican Bay Services Division Board Michael Fogg, Chairman Joe Chicurel, Vice -Chairman Jack Cullen Jacob Damouni Mark Ferland Pelican Bay Services Division Staff Neil Dorrill, Administrator Dawn Brewer, Ops. Support Spec. II Chad Coleman, Ops. Manager Darren Duprey, Supervisor — Field I Also Present Jane Brown, Pelican Bay Foundation Mohamed Dabees, Humiston & Moore Peter Griffith (absent) Susan Hamilton Denise McLaughlin Michael Rodburg (absent) Beth Stein (absent) Rick Swider Dave Greenfield, Supervisor Field II Karin Herrmann, Project Manager I Lisa Jacob, Project Manager 11 Barbara Shea, Admin. Support Spec. 1I Tony D'Errico, Pelican Bay Foundation Melanie Miller, Pelican Bay Foundation APPROVED AGENDA (AS PRESENTED) 1. Pledge of Allegiance 2. Roll Call 3. Agenda approval 4. Approval of 9/13/23 Regular Session meeting minutes S. Audience comments 6. Administrator's report a. Capital Projects updates i. Sidewalk Phase 11 status ii. *Operations Facility bid iii. Clam Pass/beaches post -storm status b. September 30 Financial Report 7. FY2024 budget and financing 8. Chairman's report 9. Old Business 10. New Business/Miscellaneous Correspondence 11. Adjournment ROLL CALL Mr. Griffith, Mr. Rodburg, and Ms. Stein were absent and a quorum was established. M N O N O 00 Packet Pg. 1055 33.A.2 Pelican Bay Services Division Board Regular Session October 11, 2023 AGENDA APPROVAL IIMs. Hamilton motioned, Dr. Chicurel seconded to approve the agenda as pI resented. The motion carried unanimously. Ms. Hamilton motioned, Mr. Cullen seconded to approve the 9/13/2023 regular I session meeting minutes as presented. The motion carried unanimously. M N O N 00 AUDIENCE COMMENTS W Ms. Cindy Polke, an Oakmont resident, commented on medians with high plants, poor ?_ CD visibility and new replacement plants which are very small. She suggested plants which are less labor co intensive and more economical, and using less grass. Ms. Polk commented on the constant algae on m Oakmont Lake. She commented that she would like to help the PBSD with decisions on median e landscaping. Mr. Fogg suggested that Ms. Polk attends a future PBSD Landscape & Safety Committee cc meeting where landscape decisions are made. a Ms. Jill Brader thanked Mr. Greenfield and his staff for the newly planted vegetation on the berm. She commented on (1) the loss of about 15 trees on the berm and other locations throughout the community which have never been replaced, (2) the lack of natural plantings, and (3) old vegetation FIL on the berm. Mr. Fogg suggested that Ms. Brader attends a future PBSD Landscape & Safety N Committee meeting. Dr. Chicurel commented that he will hold a future Landscape & Safety N Committee Workshop to review and discuss our experience with different types of plantings and trees eo in the PB community over the last decade, and why we have chosen the current palette of plantings c and trees for our medians. Mr. Dorrill commented on some sections of Oakmont which contain a rare z native species called zeric scrub, which is a rare species of oak tree. ADMINISTRATOR'S REPORT SIDEWALK PHASE 11 UPDATE Mr. Dorrill provided the following updates on our Sidewalk Phase 11 Project. + Quality Enterprises (QE) has made remarkable improvements in both the output and the quality/mix of their concrete production. A little over five miles of sidewalk have been installed. • Subsequent to our mid -summer high-level meeting with QE senior management, we now have two full -tune QE crews working, with onsite family oversight. • As sidewalk sections are identified which do not meet finish specifications, these sections are added to an itemized list for follow up. • QE is now using a smaller slip form machine which has provided increased production, both in output and quality. • PBSD staff is working with QE staff to develop a cost per linear foot for relocation and/or repair of irrigation equipment for billing purposes. • The meandering design of the sidewalks has saved many trees. Ms. McLaughlin commented that she has received many resident compliments on the new sidewalk, and the increased width of the new sidewalk has been well received. 2 Packet Pg. 1056 33.A.2 Pelican Bay Services Division Board Regular Session October 11, 2023 OPERATIONS FACILITY BID Mr. Dorrill provided the following updates on our Operations Facility Replacement Project. • The design engineer's letter of recommended award for the project has been received (and included in the agenda packet). • A date for the approval of the project's award by the Board of County Commissioners has not yet been scheduled; the Nov. 14 BCC meeting is our target date. • The initial project phase (phase zero) consisting of site work will be 50/50 cost shared with the County's Public Utilities Dept. (the site's owner). • Bid alternates include chemical, fertilizer and storage out buildings, and some additional grade work. • The vertical construction of the building will be overseen by the County's Facilities Dept. The design architect will have the responsibility to make periodic site visits which will provide additional oversight. M N O N 00 Mr. Coleman commented that the first three bid alternates will be included in the project. The 2%V County's Public Utilities Dept. has decided not to fund bid alternate #4 ($60,000 to raise the ground a elevation for their equipment). He noted that hiring an engineer for CEI (construction, engineering and inspection) services will not be required as the project engineer's estimate of cost was under $4 N million. The County's Facilities Dept. will provide the project's CEI services. Mr. Coleman commented that PUD's portion of the project is $454,000. Mr. Fogg commented that our portion of N the project is approximately $4,886,571. N Mr. Cullen requested an update on FEMA and insurance proceeds from Hurricane Ian damage eo to our existing building. Mr. Coleman reported that we have received $125,000 in insurance proceeds c from our County insurance. He commented that the completion of our new building may affect the ? amount of our future FEMA reimbursement. Mr. Dorrill suggested that since the new building will be built at a higher elevation, we may be eligible for a mitigation grant. Mr. Fogg requested that staff reach out to the County's Risk Dept. to determine what our existing building's value was on the County's books at the time of Hurricane Ian. He suggested that insurance proceeds of $125,000 seems low and that we need to follow up on this. a Mr. Fogg commented that the new proposed building, at the planned higher elevation, would not have flooded if it had existed during Hurricane Ian, Mr. Coleman commented that the project also c includes the addition of drainage to the site. Currently the site has no drainage structures in place. m Mr. Fogg motioned, Ms. Hamilton seconded to approve the Replacement Operations Facility project. The motion carried unanimously. BAY COLONY BEACH DUNE SWALE MAINTENANCE PROJECT Mr. Dorrill reported that staff has completed a small project of a partial reconstruction of the Bay Colony Beach dune Swale. As a result of Hurricane Idalia, sand materials overwashed the dune and filled in the swale, which is the only drainage outfall for the entire basin. Our contractor, Earth Tech, stabilized the sides of the swale with coconut fiber mesh, which will hold the sides and promote the establishment of vegetation. CLAM PASS/BEACHES POST -STORM STATUS 3 Packet Pg. 1057 33.A.2 Pelican Bay Services Division Board Regular Session October 11, 2023 Mr. Dorrill reported that we have received our FDEP and U.S.A.C.E. permit modifications which allows us to enlarge our fill template, and place sand in additional locations during an inlet maintenance dredge project. During late winter 2024 a hydraulic dredge project may be warranted. Dr. Dabees, Coastal Engineer with Humiston & Moore, provided recent aerials of the Clam Pass inlet, and provided an update on Clam Pass conditions which included the following. • A survey of the inlet will be performed in early November. Subsequently, a recommendation on whether a maintenance dredge is indicated will be made to the Clam Bay Committee. • Two metrics are continuously monitored including (1) readings on our four tide gauges, and (2) the location of the mouth of the inlet. Hurricane Idalia has pushed the mouth northward towards South Beach. • Large deposits of sand have accumulated in Section B. • Current inlet flow is adequate. • We are due to perform a hydraulic dredge either this winter or next winter (to be completed prior to the start of turtle season on May 1). • Our permit modification allows us to place excess sand on the dune between Clam Pass and the North Beach Facility, after the template is filled on the north side of the inlet (near South Beach) and the template on the south side which includes the public beach at Clam Pass Park. • A dredge project is expected to take 3 — 4 weeks to complete. M N O N 00 Mr. Dorrill commented that if a dredge event is indicated, then the PBSD will make a N CD presentation to the TDC to obtain grant funding for the project. In the past, every dredge project has N been considered eligible for TDC tourist tax funding. Mr. Coleman commented that a hydraulic C dredge has a higher cost than a mechanical dredge. Mr. Damouni suggested that dates for such a o project are carefully selected to avoid peak tourist season weeks. z SAND BEHIND PBF RESTAURANT FACILITIES Mr. Coleman commented that the PBF purchased the sand recently placed in front of the Marker 36 facility (prior to Hurricane Idalia) and the County paid for the sand placed on the dune as part of their dune reconstruction project (prior to Hurricane Idalia). Unfortunately, Hurricane Idalia washed a lot of this new sand back under the Marker 36 facility. After the storm., the PBSD moved the sand back out onto the berm and cleared out the dead vegetation behind Marker 36. Mr. Coleman commented that now that the berm has been re-established, replantings are needed. Our environmentalist recommended that we install sand -friendly plants. The PBSD will pay Earth Tech to install this second round of plantings. The PBF paid for the first round. Mr. Coleman noted that the replanting will not start until after the PBF installs anew air-conditioning unit at Marker 36, which will arrive by helicopter. He also commented that the excess sand now located behind Marker 36 is "dirty sand" and cannot be placed in front of Marker 36. POTENTIAL WEATHER STATION AND CAMERA AT CLAM PASS Mr. Dorrill commented that he was contacted by the County's Emergency Management Director in regard to the State of Florida working with County Emergency Management Depts. to identify additional sites to install weather stations and cameras at the expense of the state. Annual maintenance of the equipment would be paid by the County. Mr. Doi -rill commented that he will suggest the South Beach Facility to be added to the candidate list. SEPTEMBER 30 FINANCIAL REPORT 4 Packet Pg. 1058 33.A.2 Pelican Bay Services Division Board Regular Session. October 11, 2023 M N Mr. Dorrill reviewed the preliminary September 30 year-end financial statements and N discussed highlights including a current PBSD cash balance of approximately $10.6 million, with $2.3 million in our operating fund, and the remainder in our capital improvements fund. C z Mr. Coleman commented that at year-end our operating fund came within 95% of our FY2023 budget. He noted that we did have additional carry forward in our FY2023 salary expenses as we have two open FTEs. Mr. Coleman commented that we received and expended $150,000 from the County M in FY2023 for Clam Bay expenses; the County will provide $156,000 in FY2024 for Clam Bay c expenses. FY2024 BUDGET AND FINANCING Mr. Coleman commented that the increased productivity (on the sidewalk project) and the related increase in monthly invoices by Quality Enterprises has accelerated the timing for an additional co commercial paper draw. He noted that he will start the paperwork to draw an additional $3 million. cc It normally takes 30-60 days to receive the funds. Mr. Coleman commented that one last draw will be 0° requested sometime in 2024. He noted that we have paid QE $2.5 million to date. Mr. Fogg commented that we are earning interest on all of our cash on hand. C, Mr. Coleman commented that the County has committed to providing $520,000/year to us until a 2029; $500,000 towards sidewalk construction and $20,000 towards sidewalk maintenance. He noted N that annual sidewalk maintenance will cost us more than $20,000 annually. Mr. Coleman reported N that the total sidewalk project cost (for both phases) is approximately $8.5 million. M N O CHAIRMAN'S REPORT cm Mr. Fogg welcomed Mr. Duprey back to work. Mr. Fogg commented that Mr. Griffith will be speaking at a PBPOA meeting on Dec. 14, and z° requested that Mr. Dorrill reaches out to Mr. Griffith to discuss his subject matter. Mr. Dorrill commented that other PBSD board members may attend this meeting; however, he cautioned that 0 cc Sunshine Law restricts multiple board members from attending an event where any one board member a expresses an opinion on a subject which could be voted on by the board in the future. '2 The meeting was adjourned at 2:08 Joe Chicurel, Acting Chair Minutes approved [ I as presented OR [ I as amended ON [ I date 5 Packet Pg. 1059 33.A.2 Agenda Item #6a Page 1 of 1 Pelican Bay Services Division Project Tracking Spreadsheet 11/02/2023 0 N 0 PBSD New Maintenance Facilities — Project #50211 Solicitation #23-8096 for "Pelican Bay New Maintenance Facility" was issued on 4/26/2023. A pre -bid meeting occurred on 51912023. Bid deadline was extended until 7/10/2023. Five bids were received ranging in price from approximately $5.4M — $7.6M. A contract is currently being prepared and reviewed by the County Attorney and a recommendation to award the project to Heatherwood Construction in the amount of $5,340,571 is tentatively scheduled for approval by the Board of County Commissioners in December. Sidewalk Improvements - Project #50212 Production has increased greatly. Total linear footage as of 10/31/2023 is 43,095 LF an estimated 70% of new sidewalk completed. A total of $3,083,038.07 has been earned and paid to date. M N O N Go Packet Pg. 1060 33.A.2 PELICAN BAY BALANCE SHEET Oct 31, 2023 (UNAUDITED) Pelican Bay Landscape, ' Pelican Bay Street Safety, Lake & Beach Clam Bay Capital Assessment Financed Capital Operating Fund Lighting Projects Projects Funded Activities Projects OLD FUND NUMBER 109 770 .422 320 323 1007000000 10081300000 3041000000 30400D0000 Total 304Z000000 TOTAL ASSETS Cash and investments Interest receivable Trade receivable, net ROU Lease Receivable -Current Due from other Funds Due from other governments Total assets LIABILITIES AND FUND BALANCE Liahilitles: Accounts payable Wages payable Retainage payable Due to other Government Deferred Inflows -Leases Commercial Paper Loan Total liabilities Fund balances: 2,142,971.12 333,774.95 6,924,251.71 233,741.69 9,634,739.47 $2,643.16 9,711,382.63 4,205,00 508,64 8,860,24 346.40 13,920.28 1,091.75 15,012.03 28,561.70 672,80 - - 29,234.50 - 29,234.50 47,707.73 23,497,84 - - 72,205.57 - 71,205.57 (27.40) (2.591 - (29.99) - (29.99) 8.00 - 37,235.06 - 97,243.06 - 37,243.06 2,223,426,15 358,451,64 6,970,347.01 234,089,09 9,786,312.89 33,734.91 9,870,04720 58,860,12 6,564,29 40,382,18 - 105,806.59 638,818.83 744,625.42 106,045,35 5,914.92 - 111,960.27 - 111,960,27 132.04 66.02 - - 198.06 - 198.06 46,739.73 23,020.57 - - 69,759.30 - 69,759.30 - 2,500,000,00 - 2,500,0GOAO 2,500,000.00 211,776,24 35,565.80 2,540,382,18 - 2,787,724.22 638,818.83 3,426,543.05 Fund balance 2,011,649.91 322,885.84 4,429,964,83 234,089,09 6,998,589.67 (555,093.92) 6,443,504.75 Total liabilities and fund balances 2,223,426.15 358,451,64 6,970,347.01 234,088.09 9,786,312,89 83,734,91 9,870,047.80 Fund Balance at the end ofthe period 2,011,649.91 322,885.84 4,429,964.93 234,088.09 (555,083.92) Approved Project Financing Available to Draw 4,000,000.00 Unspent balance of projects: Small projects under $200K - - 372,022.73 - - 50103-PBSD Signage - - 471,671.26 - - 50126-beach Renourishment - - 999,068.74 - - 50211-PBSD OPS BUD - - 5,417,499.44 - - 50212-PBSD PHI -SW - - 1,804,672.45 - - 50212-PBSD P112-SW - - - - 3,416,961.93 50272-Streetlight Improvement - - 299,451.21 - - 51026-PBSD Lake Bank Restoration - - 9a,616.5o - - 51100-Clam Bay Restoration 387,725.20 - Total unspent balance of major projects - - 9,453,001.39 387,725.20 3,416,961.93 Budgeted reserves: 991000-Reserve for contingencies 194,400.00 11,400.Uo - - - 991700-Reserve for disaster relief 700,000AO - - - - - 992090-Re5erve for sinking fund - - - - - - 993000-Reserve for capital outlay 129,100.00 49,600.00 - - - 994500-Reserve for future construction and Improvement - - - - - 998000- Reserve for cash 475,000.00 40,000.00 - - Total budgeted reserves 1,489,500.00 101,000.00 - - - Budgeted commitments at the end of the period 1,489,500,00 101,000.00 9,453,001,39 397,725.20 3,416,961.93 523,149.91 221,885,84 (5,023,036.561 (153,637.11) 27,954.15 Financing Recap: Funding forcurrent sidewalk program planned 6,500,000.00 This is the difference between interest Funding reserved for future capital projects 3,500,000.00 earned on unspent proceeds and Financing Secured 10,000,000,00 accrued interest paid an the borrowing. M N O N O M N O 111 00 Packet Pg. 1061 33.A.2 INCOME STATEMENT OPERATING FUND - 1007000000 Oct 31, 2023 (UNAUDITED) REVENUES AND CARRYFORWARD Special assessments FEMA Interest Miscellaneous Transfers in Negative 5%of estimated revenue Budgeted carryforward Total revenues +carryforward EXPENDITURES AND RESERVES Personal services Adopted Amended Commitments October vem Total % Budget Variance Consumed 5,215,600.00 5,215,600.00 - 16,018.90 # 16,018.90 (5,199,581.10) 26,000.00 26,000.00 (26,000.00) 40,800.00 40,800,00 - 3,691.33 # 3,691.33 (37,118.67) 34,100.00 34,100.00 - _ - # - (34,100.00) (265,800.00) (265,800.00) - - 11 - 265,800.00 1,995,500.00 1,895,500.OD - - # - (1,895,500.00) 6,946,200.00 6,946,200.00 - 19,700,23 # 19,700.73 (6,926,499.77) 0.3% #OIV/01 0.0% 9.0% 0.0% 0.3% salaries, taxes and retirement 2,137,111.00 2,137,111.00 - 142,972.88 # 142,972.88 1,994,138.12 6.7% Health, dental, life insurance; Short term, loi 448,689.00 448,689.00 448,689.00 - # - - 1W-O% Total personal services 2,585,800.00 2,565,800.00 448,639.00 142,972,88 # 142,972,88 1,994,138.12 22.9% Operating 182602-Lake & Stormwater Management fie 797,000,00 787,000.00 503,338.56 20,484.17 # 20,484.17 263,177.27 66.6% 182901-Right of way beautification field 1,721,70D.00 1,721,700.00 994,156.35 58,929.70 # 58,828.70 668,714.95 61.2% Total operating 2,508,70D.00 2,508,700.00 1,497,494.91 79,312.87 # 79,312.87 931,892.22 62.9% Capital outlay 184,500,00 184,500,M - - # - 184,500.00 0.0% Transfers out 218,000.00 218,000.00 - 18,680.08 # 18,680.08 199,319.92 9.6% Total expenditures 5,497,000.00 5,497,000.00 1,946,183.91 240,965.83 It 240,965.83 3,309,850.26 39.8% Budgeted reserves 991000-Reserve for contingencies 184,400.00 184,400,00 - - It - 184,400.00 991700-Reserve for disaster relief 700,000.00 700,000,00 - - 0 - 700,000.00 993000-Reserve for capital outlay 379,100.00 129,100,00 - - # - 129,100,OD 998000-Reserve for cash 475,000.00 475,OOD.00 - - it - 475,000.00 Total reserves 1,449,200.00 1,449,200.00 - - 0 - 1,488,500.00 Total expenditures + reserves 6,946,200.00 6,946,200.00 1,946,183.91. 240,965.93 4J 240,965.83 4,798,350.76 31,5% EXCESS OF REVENUE OVER EXPENDITURES - - (221,265.60) # {221,265.60) 7,232,915,51 Carryforward as of 9/30/23 2,011,649.91 Fund Balance as of 10/31/2023 M N O N O M N O N O Packet Pg. 1062 33.A.2 PELICAN BAY INCOME STATEMENT N STREET LIG"TING-1008000000 O Oct 31, 2023 N (UNAUDITED) 0 Adapted Amended Total %Budget O Budget Budgetcommitments October or Expenditures Variance Consumed 7 REVENUES AND CARRYFORWARD Current Ad Valorem Taxes 800,000.00 800,000.00 _ 1,401.97 1,401,97 1799,598,031 0.2% Miscellaneous revenue 20,400.00 20,400.00 - 1,840,68 1,840.68 (18,559.32) 9.0% Interest 5,400.00 5,400,00 - - - (5,400.001 0.0% Insurance refunds - - - - - - RDIV/01 Negative s%ofestimatedrevenue (41,300.00) (41,300.00) - - - 41,300.00 Transfers in - - - - - - Budgeted carryforward 180,400.00 331,667.37 - (331,657,37) Total revenues + carryforward 964,900.00 1,116,167.37 - 3,242.65 3,242.65 (1,112,924.72) 0.3% EXPENDITURES AND RESERVES Personal services Salaries, taxes and retirement 115,244.00 115,244.00 - 7,886.55 7,886,55 107,357.45 6.8% Health, dental, life insurance; Short term, long term disabillty; W, 17,456.00 17,456.00 17,456.00 100.0% Total operating 132,700.00 132,700.00 17,456.00 7,mi.55 7,886.55 107,357.45 19.1% Operating 182701-Street I.Ighting Field OperatTons 231,400.00 231,400.00 151,305.28 16,028.84 16,028.84 64,065.88 72.3% m Total operating 231,400.00 2.11,400.0 151,305.28 16,028.84 16,028.84 64,065.88 72.3% _ Capital outlay 500.00 151,767,37 151,267,37 - - 500.00 99.7% V Transfers out 499,300.00 499,300.00 42.06 42.06 499,257.94 0.0%� Total expenditures 863,900.00 1,015,167.37 320,023.65 23,957.45 23,957.45 671,191.27 33.9% (L Budgeted reserves M 991000-Reserve for Contingencies 11,400,00 11,400,00 - - - 11,400.00 t'ri N 993000-Reserve for capital outlay 49,600,00 49,600.00 - - - 49,600.00 1` 998000-Reserve for cash 40,000.00 40,000.00 - - - 40,000.00 N v Total reserves 101,000.00 101,000.00 - - - 101,000.00 CV)Total expenditures+reserves 964,900.00 1,116,167.37 320,D28,65 23,957.45 23,957.45 777,181,77 30.9% N EXCESS OF REVENUE OVER EXPENDITURES (20,714,89( (20,714.80) N 0 343,600.64 Carryforward as of9/30/22 322,885.84 Fund Balance as of 10/31/2023 0 Packet Pg. 1063 33.A.2 PELICAN BAY INCOME STATEMENT PELICAN BAY LANDSCAPE, SAFETY, LAKE & BEACH PROJECTS - 3041000000 Oct 31, 2023 (UNAUDITED) Adopted Amended Total %Budget Budget Budget Commitments October ai Expenditures Variance Consumed REVENUES AND CARRYFORWARD Special assessments 1,751,100.00 1,751,100.00 - f 5,377.98 5,377.98 (1,745,722.02) 03% Mlsc Revenue - - 11,656.30 11,65630 11,65630 UDIV/01 Interest 21,200.00 21,200.00 - - - (21,200.00) 0.0% Insurance refunds - - - - - - 4DIV/ol Transfers in 993,400.00 993,400.00 - - - (993,40040) 0,0% Negative 5% ofestrmated revenue {88,700.00) (88,7oa.00) - - - 88,700.00 Budgeted carryforward 1,414,300.00 7,122,829.60 - - (7,122,829.60) Total revenues + carryforward 4,091,800.00 9,799,829.60 17,034.28 17,034.28 (9,782,795.32) 0,2% EXPENDITURES AND RESERVES Projects: 5006E-PBSD Landscape Improvement 100,000.00 196,577,37 56,068,92 1,176.00 1,176.00 139,332.40 29.1% 50103-PBSD Signage 150,000.00 471,671.26 32,148.00 - - 439,523.26 6.8% 50126-Beach Renoudshment 400,000.00 928,041.95 18,479.21 (61,020.79) (61,020.79) 970,589.53 -4.6% 50154-Hurricane Irma - 160,000.00 - - - 160,000.00 0.0% 50158-PBSD Roadway Safety - 13,793.55 5.50 2,834.21 2,834.21 10,953.84 20.6% 50178-Sidewalk Maintenance/Enhancement - 5,662.07 2,965A7 - - 2,6917,00 52.4% 50211-PBSD OPS SLD 1,826,300,00 5,420,794.44 58,400,87 3,296,00 3,296.00 5,359,097.57 1.1% 50212-PBSD PHI -SW 1,20Q000.00 1,829,194.45 582,521,00 24,527.00 24,522.00 1,222,151.45 33,2% 50272-Streetlight Improvement 150,000.00 299,451.27 20,951.27 - - 278,500.00 7.0% 50291-Hurricane Idalia - 50,000.00 - 51026-PBSD Lake Bank Restoration 159,637.29 81,575.00 61,020.79 61,020.79 17,041.50 89.3% Total expenditures 3,826,300.00 9,534,929.60 853,1M.84 31,828.21 31,828.21 8,649,886.55 0.3% Transfers out 265,000.00 265,000.00 18,203.83 18,203.83 246,796.17 6.9% Total expenditures 4,091,800.00 9,799,829.60 853,114.84 50,032.04 50,032.04 8,896,682.72 0.5% Budgeted reserves 993000-Reserve forcapltal outlay - - - - - - 992090-Reserve forsinking fund - - - - - - 991700-Reserve fordisaster relief - - - Total reserves NO V/OI Total expenditures + reserves 4,091,300.00 9,799,829.60 853,114.84 50,032.04 50,032.04 8,896,682.72 9.2% EXCESS OF REVENUE OVER EXPENDITURES 132,997.761 (32,997.76) 6,962,962.59 Carryfonxard as of 9/30/22 6,929,964.93 Fund Balance asof IO/31/2023 2,500,000.00 Commercial Paper loan M N O N 00 M N O N O Packet Pg. 1064 33.A.2 PELICAN BAY INCOME STATEMENT CLAM BAY CAPITAL. PROJECT FUND - 3040000000 Oct 31, 2023 (UNAUDITED) REVENUES AND CARRYFORWARO Special assessments Interest Transfer In Negative 5%of estimated revenue Budgeted carryfomard Total revenues+carryforward EXPENDITURES AND RESERVES Projects: 51100-Clam Bay Restoratlon Total operating Transfers out Total expendltures Budgeted reserves 991000-Reserve for contingencle5 998000-Reserve for cash Total reserves Total expenditures+reserves EXCESS OF REVENUE OVER EXPENDITURES Adopted Amended Total %Budget Budget Budget Commitments October ren Expenditures Variance Consumed 195,300.00 195,300.00 - 599.85 599.85 (194,700.15) 0.3% 200.00 200.00 - - - {200.00) 0.0% - - - - - - #DIV/01 (9,800.00) (91800,001 - - - 9,800.00 0,0% 18,000.00 216,625.20 - - (216,625.20) 203,700,00 402,325.20 599.85 599.85 (401,725.351 0.1% 185,100.00 307,725,20 140,261.25 247,463.95 36.2% 189,100.CD 387,125.20 140,261.25 - - 24),463.95 36.2% 14,600.00 14,600,00 - 1,020.49 1,020,49 13,579.51 7,0% 203,700.00 402,325.20 140,261.25 1,020.49 1,020.49 261,043.46 35.1% 203,700.00 402,325.20 140,261.25 1,020.49 1,020A9 261,04146 35.1% {420,64) {420.641 234,508.73 234,088.09 Carryforward as of9/30/22 Fund Balance as of 10/31/2023 M N O N 00 M N CD N 00 Packet Pg. 1065 33.A.2 PELICAN BAY INCOME STATEMENT M N COMMERCIAL PAPER - 3042000U00 N Oct 31, 2023 (UNAUDITED) Adopted Amended Total % Budget > Budget Budget Commitments October er Expenditures Variance Consumed Z REVENUES AND CARRYFORWARD Loan Proceeds 4,004,000.00 4,004,000.00 - - - (4,004,000.001 0.0% r Interest - - - - 9DIV/O! Budgeted carryforwdrd (4,004,000.00) (76,862.35) - - - 76,862.15 0.0% O - #DIV/01 m Total revenues+carryforward 3,927,137.65 - - (3,927,137.65) 0.0% n EXPENDITURES AND RESERVES Projects: 50212-Pelican Bay Sidewalk Improvements Phase 2 3,927,137.65 3,416,961,93 510,175.72 510,175.72 - 100,09, Total Expenditure 3,927,137.65 3,416,962.93 510,175.12 510,175.72 100.0% Transfers out - - - - HDIV/01 Total expenditures 3,927,137.65 3,416,961.93 510,17532 510,175.72 100.0% Budgeted reserves 993000-Reserve for capital - - - - - Totalreserves - Total expendltures+reserves 3,927,137.65 3,416,961.93 510,175.72 510,175.77 100.0% EXCESS OF REVENUE OVER EXPENDITURES (510,175.72) (510,175.721 (44,908,201 Careyfonvard as of 9/30/22 (555,093.92) Fund Balance as of 10/31/2023 M N O N 00 Packet Pg. 1066 I � � � F-Z C) � � )!!/K §»:�\2 \}\�\ . ,59 Moi CD C14 Qo I Packet Pg. 1067 1 �� fY II u a �� `I I UN Fa- O I v Z U O U U � > N Is Zw � •`I e O N 4 . r. ,3 ��y. e • � I z � N w V �Z X t a i � W � 4 Q jp �JJ O U U m� y5, I z law I I om ol° oNY� �]�yvm1C MNO�P M^ "N N 4 N"� z 33.A.2 M N O N 0 s a M h7W Hai M N I- M N O — N C r � j O d 4 Z U w ' W �ZT rt+ Y oWw m V T 01 Li r- � wd� � � r d W ai a a o c�z d NIY- O (a L r � N W J W fY O N� N Q — w C� N V V W UOU N a ¢ Z Z Z w O V •� W 1/3 F T e,e fll U ` fO �a�a darn m J W O a ( % _ Z w A. r Qz r N L r Q Packet Pg. 1068 x UdQ Z Zo P rc nryo zo: Q ❑My1^� rya Q ci m ��r.�yT w? a w � IOz�ai Z Q K f5 W Z }} z Z d xd�ln �C] wd au a z_,Pa4 m oaol�iv �'•'-Ixzr In oo=uqq N��oz QQ o j zU4p [J LSZ �N4 F-U Ugh a�w U .1 ^0 Z QXX d , N�4JZn. wmOw¢ 7 a O�PlilZm WF--6 N I Vf J i ' ZyPU'dVl��_wQ 0.�mN ' PVIMwJQ���� �FRrnIX Y�N�tiyy N¢�� UVi U I wJP 1a zw10 p ado W d.� ?-`�� - mUrtnx mi,.a r ww W 44 3w } aF- w w I w a M I I I ww I mW LY I I p U Z wdzz � 33.A.2 M N O N 0 M N O N Go r Q Packet Pg. 1069 33.A.2 �4 inNa CV "° / iJrimo N 1 naj�a3 ' P� - �zWa3 Q O MMO En 06. 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