Greeneway Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.greenewayid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Greeneway Improvement District (“District”), scheduled to be held at 2:30 p.m. on Tuesday, October 19, 2021 at Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via computer or the conference line: Phone: 1-844-621-3956	Computer: pfmgroup.webex.com	Participant Code: 796 580 192#
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the September 21, 2021 Board of Supervisors’ Meeting

Business Matters
Consideration of 1st Amendment to Personnel Leasing Agreement with Berman
Consideration of FY 2021 Audit Engagement Letter
Discussion regarding Hopping Green & Sams and Kutak Rock Transition Letter
Ratification of Requisition Nos. 703 – 704 in September 2021 in an amount totaling $664.00
Ratification of Operation and Maintenance Expenditures Paid in September 2021 in an amount totaling $83,446.03
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

GREENEWAY IMPROVEMENT DISTRICT

Minutes of the September 21, 2021 Board of Supervisors’ Meeting

GREENEWAY IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Greeneway Improvement District was called to order on Tuesday, September 21, 2021, at 3:01 p.m. at Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd, Orlando, FL 32827.

Present:
Chad Tinetti	Chairperson
Karen Duerr	Vice Chairperson
Amanda Kost	Assistant Secretary
Matthew Franko	Assistant Secretary

Jennifer Walden	PFM		
Lynne Mullins	PFM	(via phone)	
Kourtney Dinkins	PFM	(via phone)	
Amanda Lane	PFM	(via phone)	
Tucker Mackie	Hopping Green & Sams		
Jeff Newton	Donald W. McIntosh Associates		

Antoinette Munroe	Assistant Secretary (joined at 3:08 p.m.) Also attending:

Larry Kaufmann	Construction Supervisor & Construction Committee Member
(via phone)
Scott Thacker	District Landscape Supervisor
Matt McDermott	Construction Committee Member

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Walden asked for any public comments. She noted there was no one present from the public.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the August 17, 2021, Board of Supervisors’ Meeting

The Board reviewed the minutes of the August 17, 2021, Board of Supervisors’ Meeting.

On Motion by Ms. Kost, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the August 17, 2021, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2021-09, Designating Registered Agent

| P age 

Ms. Walden requested that the Registered Agent be updated to be herself, Jennifer Walden, and use the new PFM Orlando East address which is 3501 Quadrangle Blvd., Suite 270, Orlando, FL 32817.

On Motion by Ms. Kost, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Greenway Improvement District approved Resolution 2021-09, Designating Registered Agent.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2021-10, Designating Primary Administrative Office and Local Records Office

Ms. Walden stated the District needs to update the Primary Administrative Office and Local Records Office as PFM’s office has moved.

On Motion by Ms. Kost, second by Ms. Duerr, with all in favor, the Board of Supervisors for the Greenway Improvement District approved Resolution 2021-10, Designating Primary Administrative Office and Local Records Office to PFM East Orlando Office at 3501 Quadrangle Blvd., Suite 270 Orlando, FL 32817.

SIXTH ORDER OF BUSINESS	Discussion regarding Receipt of Funds in Connection with the Conveyance of Interchange Pond Acreage

Ms. Mackie stated the Boggy Creek Improvement District approved at a prior meeting the conveyance of certain surplus lands back to two development entities. These lands are located near two interchange ponds and were not needed for drainage purposes by the District. Originally, the Lake Nona entity that conveyed the ponds to the Boggy Creek ID had conveyed more lands than were needed to operate the District’s drainage facility. The interchange ponds were an acquisition by all three Districts similar to the interchange itself, and the percentage that was applied was based on the acreage located within the Districts at that time. By conveying this property back to the Developer, Boggy Creek ID received approximately
$123,000.00, and the Greeneway ID’s portion amounted to about $49,600.00. The District has received those funds and rather than put them back in a construction account that is no longer needed for that purpose, those funds were placed in the Operations and Maintenance Account. They can be utilized for whatever the Board may see fit including continuing to fund a reserve over time.

SEVENTH ORDER OF BUSINESS	Consideration of Berman Agreement

Ms. Walden requested the Berman Agreement be tabled to the next meeting.

EIGHTH ORDER OF BUSINESS	Consideration of Termination of Landscape Agreement with Down to Earth

Mr. Thacker stated since the last Board Meeting, Down to Earth’s performance has continued to decline. They are citing labor shortages and challenges they have experienced, but they are no longer meeting the requirements of the landscape contract. Mr. Thacker recommended the District move forward with terminating Down to Earth’s Agreement and finding a new Landscape Contractor to take over that section.

Ms. Duerr asked if the only section they have is on Laureate Boulevard. Mr. Thacker said it is in the Greeneway Improvement District. Ms. Kost asked if the District has been paying them while their work has
| P age 

been declining. Mr. Thacker stated for August the District is making a partial payment and will probably do the same in September. He will give them an opportunity to catch up, and if they are able to do so, the District will consider releasing the full amount, but if they don’t the District would look to utilize those funds to catch up another way. Ms. Kost asked about the time between the termination of the agreement and finding a new landscaper, if there would be a lapse in coverage, and how the District will address that. Ms. Mackie stated that the agenda packet includes a proposal from Cepra to do the work. The District has under the existing contract the ability to terminate for cause immediately. However, she suggested the District allow Down to Earth to do some catch up to give the District time to get the relevant paperwork together for a new landscape maintenance contractor. She noted the former Landscape Agreements with Cepra and Down to Earth are getting split between the Greeneway ID and Midtown ID going forward. This section and the other two sections all fall below the competitive bidding thresholds, but District staff is trying to get the District under contract with Cepra for the remaining year, at which point the District was going to go out for bid next year to try to get that work all under one contract.

Ms. Mackie requested a motion from the Board to terminate the Landscape Agreement with Down to Earth pursuant to the terms. Mr. Tinetti asked if District staff documented their failure to meet the contractual requirements. Ms. Mackie stated yes, and Mr. Thacker tried to give them time to acknowledge and improve the deficiencies. Down to Earth acknowledged the deficiencies and failed to improve.

Ms. Duerr asked if this is the same company that was up for renewal last year. Mr. Thacker stated the District was having similar challenges with Down to Earth last year and they convinced the District they were going to be able to maintain the standard. Ms. Duerr asked if this is the only work they do for the Midtown ID and the Greeneway ID. Mr. Thacker said they also do the Interchange section, which is shared between three Districts, and that is controlled under the Boggy Creek ID Board, but District staff will make a similar recommendation there as well.

On Motion by Ms. Duerr, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the termination of Landscape Agreement with Down to Earth pursuant to the terms and to account for zero lapse in service.

Ms. Munroe joined the meeting in progress at 3:08 p.m.

NINTH ORDER OF BUSINESS	Consideration of Landscape Agreement with Cepra
Third Amendment to Agreement for Nemours Parkway Landscape and Irrigation Maintenance Services
Second Amendment to Agreement for Tavistock Lakes Boulevard Landscape and Irrigation Maintenance Services
Agreement for Landscape and Irrigation Maintenance Services (Section 3)
Cepra Unit Pricing Request

Ms. Mackie presented the Landscape Agreements with Cepra. Two of the Agreements are being amended to account for the removal of certain work that will now be performed under an Agreement with Cepra and the Midtown ID directly. The Agreement of Landscape and Irrigation Maintenance Services (Section 3) is the one the Board just terminated with Down to Earth that would be covered under a new Agreement for this final year with the hope next year of going out to bid and the collective work might be bid out together.

Mr. Tinetti asked if Cepra’s price is comparable to Down to Earth. Mr. Thacker said yes. Ms. Mackie stated the only other item is that Cepra is proposing some unit pricing adjustments for the Board to consider. This

| P age 

would be work done in addition to the work under an Annual Maintenance Contract. Ms. Mackie noted the existing Agreement does not allow for it, but given costs within the industry at this time they are asking for an adjustment to those unit prices. If the Board approves the change in pricing, it will be reflected in the Amendments and the new Agreement for Section 3.

Mr. Thacker explained the biggest changes in the unit pricing are in the labor rates and sod prices, which are a function of current market conditions. The numbers listed under the column that says “current pricing” has been the unit pricing in the District Contracts for over six years and not been increased in that time. Ms. Duerr asked about the decrease to the materials cost. Mr. Thacker stated Cepra is pulling the labor piece out of that and it will be billed separately. Mr. Thacker noted the unit prices only apply if it is outside the normal contract, like irrigation repair, plant replacement, enhancement work, etc., and the District is not obligated to use Cepra to do those things. As a result, the Board has the flexibility to use any landscaper for that type of work.

Discussion ensued regarding unit pricing, the impact on the budget, and the role of the Irrigation Specialist.

Mr. Tinetti asked if Cepra is willing to take the current unit pricing through the end of the year until it is bid out again. Mr. Thacker stated they are bound to the current unit pricing unless the Board approves the change. If the District went to them for an enhancement project, they have the right to say they are not interested, but he does not think they would pass up the work. Mr. Tinetti asked if Mr. Thacker recommends the District approve the new unit prices or have them hold onto the current prices for the year. Mr. Thacker responded he thinks their request is reasonable given current market conditions but it is in the Board’s favor not to approve it. Mr. Tinetti recommended approval of the Cepra Agreements without the new pricing.

On Motion by Mr. Tinetti, second by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Third Amendment to Agreement for Nemours Parkway Landscape and Irrigation Maintenance Services without the requested change in unit pricing.

Ms. Mackie requested a motion to approve the Second Amendment to Agreement for Tavistock Lakes Boulevard Landscape and Irrigation Maintenance Services without the requested change in unit pricing.

On Motion by Ms. Duerr, second by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Second Amendment to Agreement for Tavistock Lakes Boulevard Landscape and Irrigation Maintenance Services without the change in unit pricing.

Ms. Mackie requested a motion to approve the Agreement for Landscape and Irrigation Maintenance Services (Section 3) without the requested change in unit pricing.

On Motion by Mr. Tinetti, second by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Agreement for Landscape and Irrigation Maintenance Services (Section 3) without the requested change in unit pricing.

TENTH ORDER OF BUSINESS	Ratification of Requisition Nos. 700 – 702 in August 2021 in an amount totaling $3,744.25

The Board reviewed Requisition Nos. 700 – 702 in August 2021 in an amount totaling $3,744.25.

| P age 

On Motion by Mr. Tinetti, second by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition Nos. 700 – 702 August 2021 in an amount totaling $3,744.25.

ELEVENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in August 2021 in an amount totaling
$125,266.21

The Board reviewed Operation and Maintenance Expenditures Paid in August 2021 in an amount totaling
$125,266.21.

On Motion by Ms. Duerr, second by Mr. Tinetti, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures Paid in August 2021 in an amount totaling $125,266.21.

TWELFTH ORDER OF BUSINESS	Recommendation	of	Work Authorizations/Proposed Services

There were no Work Authorizations for this Board.

THIRTEENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD

The District Financial Statements are updated through August 31, 2021, and the District has spent approximately $780,000.00 vs. an overall budget of $921,000.00. No action is required by the Board.

FOURTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Ms. Mackie reported the Interlocal Agreement the Board approved with
the City of Orlando which updates the now revised boundaries was approved by the City of Orlando last week.

District Manager –	Ms. Walden noted the next meeting is scheduled for October 19, 2021, at
2:30 p.m. at the Courtyard Orlando Lake Nona.

District Engineer –	No Report

Construction Supervisor –	No Report

District Landscape Supervisor- Mr. Thacker stated at the last meeting he mentioned a large tree at the
end of Tavistock Lakes Blvd. and Narcoossee Rd. that was showing some decline. He had some tests done on the tree to evaluate the extent of the decline, and it was determined it would be more cost effective to replace that tree with a similar size tree than to maintain its health. This is something for the Board to discuss in next year’s enhancement budget. The decaying branches were removed so it looks healthy, and anything that was a hazard was also removed. Mr. McDermott added that the cost

| P age 

of the tree replacement will be around $20,000.00. Mr. Thacker noted that it would cost more than that to keep the tree healthy. Ms. Duerr asked if it was one of the large oaks. Mr. McDermott said yes, and the test revealed the branch that was cut off several years ago never healed properly. Also, the tree is only 12 inches underground and the tree is slowly suffocating. There is another tree on the north side further back into Laureate Park which is in a similar situation. Ms. Duerr asked if the Developer would transplant a tree from another location. Mr. McDermott said he would probably bring a tree from the Poitras West area, but it might be
$12,000.00 - $15,000.00 to remove the tree including labor and machine costs.

FIFTEENTH ORDER OF BUSINESS	Supervisor Requests & Adjournment

There were no Supervisor requests, so Ms. Walden requested a motion to adjourn.

On Motion by Ms. Kost, second by Ms. Duerr, with all in favor, the September 21, 2021, meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

 	_	_	 	_ 	
Secretary / Assistant Secretary	Chairperson / Vice Chairperson

| P age 

GREENEWAY IMPROVEMENT DISTRICT

1st Amendment to Personnel Leasing Agreement with Berman

FIRST AMENDMENT TO THE PERSONNEL LEASING AGREEMENT [LANDSCAPE & IRRIGATION MONITORING AND MAINTENANCE]

THIS FIRST AMENDMENT is made and entered into as of the   	 2021, by and between:

day of	,

GREENEWAY IMPROVEMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, located in the City of Orlando, Florida, whose address is 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (the “Lessee” or “District”), and

BERMAN CONSTRUCTION, LLC, a Florida limited liability company, whose address is 9801 Lake Nona Club Drive, Orlando, Florida 32827 (the “Lessor” and, together with the District, the “Parties”).

RECITALS

WHEREAS, the District is a special-purpose unit of local government established pursuant to and governed by Chapter 190, Florida Statutes;

WHEREAS, the District previously entered into an agreement dated October 1, 2020, with Lessor for personnel leasing for landscape and irrigation monitoring and maintenance services (the “Agreement”);

WHEREAS, pursuant to the provisions of the Agreement, the parties desire to amend the compensation provided to the Lessor through this First Amendment to the Agreement (“First Amendment”); and

WHEREAS, the District and Lessor warrant and agree that they have all right, power and authority to enter into and be bound by this First Amendment.

NOW THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

SECTION 1. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this First Amendment.

SECTION 2. Section 6.A. of the Agreement is hereby amended to decrease the total compensation provided to Lessor for Administrator services (as defined in the Agreement) to Nine Thousand Nine Hundred Twenty Dollars ($9,920.00) per year, payable in twelve (12) equal monthly payments in accordance with the terms of the Agreement.

SECTION 3. Section 6.B. of the Agreement is hereby amended to decrease the total compensation provided to Lessor for Irrigation Specialist services (as defined in the Agreement) to Twelve Thousand Four Hundred Dollars ($12,400.00) per year, payable in twelve (12) equal monthly payments in accordance with the terms of the Agreement.

SECTION 4.	Except as specifically amended above, the Agreement shall remain in full force and effect, unaltered by this First Amendment.

IN WITNESS WHEREOF, the parties hereto have signed this First Amendment on the day and year first written above.

Attest:	GREENEWAY IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

BERMAN CONSTRUCTION, LLC

By:   	

Witness	Print:		 Its:    	

Print Name of Witness

2

GREENEWAY IMPROVEMENT DISTRICT

FY 2021 Audit Engagement Letter

September 16, 2021

Greeneway Improvement District PFM Group Consulting, LLC 3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

The Objective and Scope of the Audit of the Financial Statements

You have requested that we audit the financial statements of Greeneway Improvement District, which comprise governmental activities and each major fund as of and for the year ended September 30, 2021 which collectively comprise the basic financial statements. We are pleased to confirm our acceptance and our understanding of this audit engagement by means of this letter for the year ending September 30, 2021.

The objectives of our audit are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but Is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with auditing standards generally accepted in the United States of America (GAAS) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users made on the basis of these financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

The Responsibilities of the Auditor

We will conduct our audit in accordance with (GAAS). Those standards require that we comply with applicable ethical requirements. As part of an audit in accordance with GAAS, we exercise professional judgement and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Greeneway Improvement District September 16, 2021
Page 2

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. However, we will communicate to you in writing concerning any significant deficiencies or material weaknesses in internal control relevant to the audit of the financial statements that we have identified during the audit.

Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

Conclude, based on the audit evidence obtained, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for the reasonable period of time.

Because of the inherent limitations of an audit, together with the inherent limitations of internal control, an unavoidable risk that some material misstatements may not be detected exists, even though the audit is properly planned and performed in accordance with GAAS.

We will maintain our independence in accordance with the standards of the American Institute of Certified public Accountants.

Greeneway Improvement District September 16, 2021
Page 3

The Responsibilities of Management and Identification of the Applicable Financial Reporting Framework

Management is responsible for:

Identifying and ensuring that the District complies with the laws and regulations applicable to its activities, and for informing us about all known violations of such laws or regulations, other than those that are clearly inconsequential;

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 District involving management, employees who have significant roles in internal control, and others where the fraud could have a material effect on the financial statements; and

Informing us of its knowledge of any allegations of fraud or suspected fraud affecting the District received in communications from employees, former employees, analysts, regulators, short sellers, vendors, customers or others.

The Board is responsible for informing us of its views about the risks of fraud within the entity, and its knowledge of any fraud or suspected fraud affecting the entity.

Our audit will be conducted on the basis that management acknowledges and understands that it has responsibility:

To evaluate subsequent events through the date the financial statements are issued or available to be issued, and to disclose the date through which subsequent events were evaluated in the financial statements. Management also agrees that it will not conclude on subsequent events earlier than the date of the management representation letter referred to below;

For the design, implementation and maintenance of internal control relevant to the preparations of fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; and

To provide us with:

Access to all information of which management is aware that is relevant to the preparation and fair presentation of the financial statements including information relevant to disclosures;

Draft financial statements, including information relevant to their preparation and fair presentation, when needed to allowed for the completion of the audit in accordance with the proposed timeline;

Greeneway Improvement District September 16, 2021
Page 4

Additional information that we may request from management for the purpose of the audit; and

Unrestricted access to persons within the District from whom we determine it necessary to obtain audit evidence.

As part of our audit process, we will request from management written confirmation concerning representations made to us in connection with the audit, including among other items:

That management has fulfilled its responsibilities as set out in the terms of this arrangement letter; and

That it believes 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.

Reporting

We will issue a written report upon completion of our audit of Greeneway Improvement District’s financial statements. Our report will be addressed to the Board of Greeneway Improvement District. 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, add an emphasis- of-matter or other-matter paragraph(s), or withdraw from the engagement.

Records and Assistance

During the course of our engagement, we may accumulate records containing data that should be reflected in the Greeneway Improvement District books and records. The District will determine that all such data, if necessary, will be so reflected. Accordingly, the District will not expect us to maintain copies of such records in our possession.

The assistance to be supplied, including the preparation of schedules and analyses of accounts, has been discussed and coordinated with Jennifer Walden. The timely and accurate completion of this work is an essential condition to our completion of the audit and issuance of our audit report.

Other Relevant Information

In accordance with Government Auditing Standards, a copy of our most recent peer review report has been provided to you, for your information.

Either party may unilaterally terminate this agreement, with or without cause, upon sixty (60) days written notice subject to the condition that the District will pay all invoices for services rendered prior to the date of termination.

Greeneway Improvement District September 16, 2021
Page 5

Fees, Costs and Access to Workpapers

Our fees for the services described above are based upon the value of the services performed and the time required by the individuals assigned to the engagement, plus direct expenses. Invoices for fees will be submitted in sufficient detail to demonstrate compliance with the terms of this engagement. Billings are due upon submission. Our fee for the services described in this letter for the year ending September 30, 2021 will not exceed $4,425, unless the scope of the engagement is changed, the assistance which Greeneway Improvement District has agreed to furnish is not provided, or unexpected conditions are encountered, in which case we will discuss the situation with you before proceeding. All other provisions of this letter will survive any fee adjustment.

In the event we are requested or authorized by Greeneway Improvement District or are required by government regulation, subpoena, or other legal process to produce our documents or our personnel as witnesses with respect to our engagement for Greeneway Improvement District, Greeneway Improvement District will, so long as we are not a party to the proceeding in which the information is sought, reimburse us for our professional time and expenses, as well as the fees and expenses of our counsel, incurred in responding to such requests.

The audit documentation for this engagement is the property of Berger, Toombs, Elam, Gaines, & Frank and constitutes confidential information. However, you acknowledge and grant your assent that representatives of the cognizant or oversight agency or their designee, other government audit staffs, and the U.S. Government Accountability Office shall have access to the audit documentation upon their request and that we shall maintain the audit documentation for a period of at least three years after the date of the report, or for a longer period if we are requested to do so by the cognizant or oversight agency.

Access to requested documentation will be provided under the supervision of Berger, Toombs, Elam, Gaines, & Frank audit personnel and at a location designated by our Firm.

Greeneway Improvement District September 16, 2021
Page 6

Information Security – Miscellaneous Terms

Berger, Toombs, Elam, Gaines & Frank is committed to the safe and confidential treatment of Greeneway Improvement District’s proprietary information. Berger, Toombs, Elam, Gaines & Frank is required to maintain the confidential treatment of client information in accordance with relevant industry professional standards which govern the provision of services described herein. Greeneway Improvement District agrees that it will not provide Berger, Toombs, Elam, Gaines & Frank with any unencrypted electronic confidential or proprietary information, and the parties agree to utilize commercially reasonable measures to maintain the confidentiality of Greeneway Improvement District’s information, including the use of collaborate sites to ensure the safe transfer of data between the parties.

If any term or provision of this arrangement letter is determined to be invalid or unenforceable, such term or provision will be deemed stricken and all other terms and provisions will remain in full force and effect.

Because Berger, Toombs, Elam, Gaines & Frank will rely on Greeneway Improvement District and its management and Board of Supervisors to discharge the foregoing responsibilities, Greeneway Improvement District holds harmless and releases Berger, Toombs, Elam, Gaines & Frank, its partners, and employees from all claims, liabilities, losses and costs arising in circumstances where there has been a known misrepresentation by a member of Greeneway Improvement District’s management, which has caused, in any respect, Berger, Toombs, Elam, Gaines & Frank’s breach of contract or negligence. This provision shall survive the termination of this arrangement for services.

This letter constitutes the complete and exclusive statement of agreement between Berger, Toombs, Elam, Gaines, & Frank and Greeneway Improvement District, superseding all proposals, oral or written, and all other communications, with respect to the terms of the engagement between the parties.

Greeneway Improvement District September 16, 2021
Page 7

Please sign and return the attached copy of this letter to indicate your acknowledgment of, and agreement with, the arrangements for our audit of the financial statements including our respective responsibilities.

Sincerely,

BERGER, TOOMBS, ELAM, GAINES & FRANK
J. W. Gaines, CPA

Confirmed on behalf of the addressee:

 	  	,  	

Judson B. Baggett MBA, CPA, CVA, Partner
Marci Reutimann CPA, Partner

1't 6815 Dairy Road Zephyrhills, FL 33542
')  (813) 788-2155
(813)  782-8606

Report on the Firm's System of Quality Control

To the Partners	October 30, 2019
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, 2019. 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, 2019, 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, PL has received a peer review rating of pass.

Member American Institute of Certified Public Accountants (AICPA) and Florida Institute of Certified Public Accountants (FICPA) National Association of Certified Valuation Analysts (NACVA)

ADDENDUM TO ENGAGEMENT LETTER GREENEWAY IMPROVEMENT DISTRICT DATED SEPTEMBER 16, 2021

Public Records. Auditor shall, pursuant to and in accordance with Section 119.0701, Florida Statutes, comply with the public records laws of the State of Florida, and specifically shall:

Keep and maintain public records required by the District to perform the services or work set forth in this Agreement; and

Upon the request of the District’s custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes, or as otherwise provided by law; and

Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the Auditor does not transfer the records to the District; and

Upon completion of the Agreement, transfer, at no cost to the District, all public records in possession of the Auditor or keep and maintain public records required by the District to perform the service or work provided for in this Agreement. If the Auditor transfers all public records to the District upon completion of the Agreement, the Auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public disclosure requirements. If the Auditor keeps and maintains public records upon completion of the Agreement, the Auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District’s custodian of public records, in a format that is compatible with the information technology systems of the District.

Auditor acknowledges that any requests to inspect or copy public records relating to this Agreement must be made directly to the District pursuant to Section 119.0701(3), Florida Statutes. If notified by the District of a public records request for records not in the possession of the District but in possession of the Auditor, the Auditor shall provide such records to the District or allow the records to be inspected or copied within a reasonable time. Auditor acknowledges that should Auditor fail to provide the public records to the District within a reasonable time, Auditor may be subject to penalties pursuant to Section 119.10, Florida Statutes.

IF THE AUDITOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE AUDITOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT/CONTRACT, THE AUDITOR MAY CONTACT THE CUSTODIAN OF PUBLIC RECORDS FOR THE DISTRICT AT:

PFM CONSULTING GROUP, LLC 3501 QUADRANGLE BLVD, SUITE 270
ORLANDO, FL 32817
TELEPHONE: 407-723-5900

Auditor:  	

District: Greeneway Improvement District

Title: Director	Title:  	

Date: September 16, 2021	Date:  	

GREENEWAY IMPROVEMENT DISTRICT

Hopping Green & Sams and Kutak Rock Transition Letter

October 15, 2021

VIA EMAIL

Jennifer Walden District Manager
PFM Group Consulting LLC jenniferw@pfm.com

RE:	Greeneway Improvement District (“Client”)

JOINT LETTER BY HOPPING GREEN & SAMS, P.A. AND KUTAK ROCK LLP, ANNOUNCING THE DEPARTURE OF JONATHAN JOHNSON, KATIE BUCHANAN, MIKE ECKERT, TUCKER MACKIE, WES HABER, LINDSAY WHELAN, JOE BROWN, SARAH SANDY, ALYSSA WILLSON AND MICHELLE RIGONI TO KUTAK ROCK LLP

Dear Ms. Walden:
As of November 15, 2021, Jonathan Johnson, Katie Buchanan, Mike Eckert, Tucker Mackie, Wes Haber, Lindsay Whelan, Joe Brown, Sarah Sandy, Alyssa Willson and Michelle Rigoni (the “Special District Practice Group”) will be withdrawing as attorneys from Hopping Green & Sams, P.A. (“HGS”) and will be joining Kutak Rock LLP (“Kutak”). The members of the Special District Practice Group have provided services in connection with HGS’s representation of the Client on the above referenced matter(s) (the “Client Matters”).
In the coming months, HGS will no longer be providing legal services. Kutak is prepared to continue as the Client’s legal counsel with respect to the Client Matters; however, it is the Client’s choice as to who should serve as its legal counsel, and whether the Client Matters and all electronic files and active and closed hardcopy files (collectively, the “Files”) should be transferred to Kutak.
Please select one of the following alternatives; however, please be advised that as of November 15, 2021, HGS will no longer be competent to provide legal services to the Client; accordingly, representation by HGS will cease on November 15, 2021, whether or not the Client makes an election below:
ALTERNATIVE #1. The Client asks that the Client Matters be transferred with the Special District Practice Group to their new firm, Kutak. Please transfer all Files relating to the Client Matters. HGS’s legal representation of the Client will cease on the date of HGS’s receipt of their written notice. After that date, the Special District Practice Group and their new firm, Kutak, will be responsible for legal representation of the Client in the Client Matters. To the extent that HGS is holding any trust funds or other property of the Client, HGS is further instructed to transfer such funds and/or property to Kutak.

(Please sign if you want Alternative #1;	[DATE] otherwise, do not sign on this line.)

Post Office Box 6526    Tallahassee, Florida 32314    119 South Monroe Street, Suite 300 (32301)    850.222.7500  850.224.8551 fax    www.hgslaw.com

ALTERNATIVE #2. If you do not want Alternative #1, please advise us what HGS should do regarding the Client Matters and all Files relating to the Client Matters by December 1, 2021. HGS’s legal representation of the Client will cease on November 15, 2021. If HGS does not receive a response by December 1, 2021, that will confirm HGS’s understanding that all Files are not needed or desired and HGS will shred them.

(Please sign here if you have	[DATE] given instructions under Alternative
#2; otherwise do not sign on this line.)

After you have completed and signed this form, please send a copy via electronic mail to JasonM@hgslaw.com, MarkS@hgslaw.com, TuckerM@hgslaw.com, and KimH@hgslaw.com.

Thank you for your consideration and assistance.

HOPPING GREEN & SAMS, P.A.

By: Jonathan Johnson

Its: President

Date: October 15, 2021

cc:	Chad Tinetti (boardmember2@greenewayid.org)

GREENEWAY IMPROVEMENT DISTRICT

Requisition Nos. 703 – 704 in September 2021 in an amount totaling $664.00

GREENEWAY IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from September 1, 2021 through September 30, 2021. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
703	Donald W. McIntosh Associates	$618.75	
704	Boggy Creek Improvement District	$45.25	
		$664.00	

By Amanda Lane at 10:54 am, Sep 07, 2021

By Amanda Lane at 10:54 am, Sep 07, 2021

GREENEWAY IMPROVEMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS 2013

(Acquisition and Construction Fund)

The undersigned, a Responsible Officer of the Greeneway Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture from the District to U. S. Bank National Association, as trustee (the "Trustee"), dated as of April 1, 2013, as supplemented by that certain First Supplemental Trust Indenture dated as of April 1, 2013 (the "Indenture"), (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 704

Name of Payee: Boggy Creek Improvement District

Amount Payable: $45.25

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments):

l. Reimbursement for Construction-Related Legal Advertising, Split  Between Boggy Creek, Greeneway, Myrtle Creek, Poitras East, and Midtown, Paid to Orlando Sentinel Out of Boggy Creek Series 20 l 8 Construction Funds Requisition 208 (Reference OSC41825160; Ad: 7021152)

Fund or Account and subaccount, if any, from which disbursement to be made: 2013 Acquisition and Construction Account of the Acquisition and Construction Fund.

The undersigned hereby certifies that:

l.   obligations in the stated amount set forth above have been incurred by the District,

each disbursement set forth above is a proper charge against the 2013 Acquisition and Construction Account;

each disbursement set forth above was incurred in connection with the acquisition of the 2013 Project and in accordance with the terms of the Acquisition Agreement;

l

GID Requisition 704: Boggy Creek Improvement District	September 17, 2021	Page 1 ofl

[ RECEIVED
By Amanda Lane at 9:31 am, Sep 20, 2021

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested_

GREENEWA Y IMPROVEMENT
/;{U/
ResponsibleJlfficer
Date:	9&l aJ
I	I
CONSULTING ENGINEER'S APPROVAL

J. Newton, PE

The undersigned Consulting Engineer hereby certifies that this disbursement is for the cost of the 2013 Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the 2013 Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified.

[	l

GID Requisition 704· Boggy Cre..Jc Jmpmvern=I Tlistncl	Septemher 17. ?0?1	Page 2 of2

RECEIVED
By Amanda Lane at 9:31 am, Sep 20, 2021
--

GREENEWAY IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in September 2021 in an amount totaling $83,446.03

GREENEWAY IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from September 1, 2021 through September 30, 2021. This does not include expenditures previously approved by the Board.

The total items being presented:       $83,446.03

Approval of Expenditures:

 	 Chairman

 	 Vice Chairman

 	 Assistant Secretary

        	Greeneway mprovement District

  g :  

 : :     

       k  g     (        y   k)
    k     :                      

 heck o.

Date

Status*

Vendor D	Payee  ame

Amount

 A   D: S     T  AT O AL  A  

                  

    	        	 	     	                             		       	
    	        	 	      	                             		         	
    	        	 	   	      g             		         	
    	        	 	     	                   g		      	

    	        	 	      	                             		         	
    	        	 	   	      g             		       	
    	        	 	      	      k                       		         	

    	        	 	     	                   g		         	
    	        	 	      	           		       	
					 A S REG STER TOTAL:	$39, 59.48	
					GRA D TOTAL :	$39, 59.48	

* heck Status Types: "P" Printed ; "M"   Manual ; "V"   Void ( Void Date ); "A"   Application; "E"   EFT
** Denotes broken check sequence.

By Amanda Lane at 8:28 am, Sep 08, 2021

GREENEWAY IMPROVEMENT DISTRICT

Funding Request #030
8/27/2021

Item
No.	Payee	Invoice
Number		General
Fund	

1	
Hopping Green & Sams
2020 Boundary Amendment Counsel Through 07/31/2021	

124633	

$	

381.46	

TOTAL	$	381.46

Greeneway Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

By Amanda Lane at 8:28 am, Sep 08, 2021

By Amanda Lane at 12:04 pm, Sep 16, 2021

By Amanda Lane at 9:45 am, Sep 24, 2021

GREENEWAY IMPROVEMENT DISTRICT

Work Authorizations/Proposed Services
(if applicable)

GREENEWAY IMPROVEMENT DISTRICT

District’s Financial Position and Budget to Actual YTD

Greeneway Improvement District
Statement of Financial Position As of 9/30/2021

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

	Assets		
Current Assets
General Checking Account	

$240,255.26								

$240,255.26	
State Board of Administration	1,520.68								1,520.68	
Prepaid Expenses	12,719.33								12,719.33	
Deposits	1,625.58								1,625.58	
Infrastructure Capital Reserve	76,468.41								76,468.41	
Interchange Maintenance Reserve	22,100.54								22,100.54	
Debt Service Reserve (Series 2013)			$3,478,503.13						3,478,503.13	
Debt Service Reserve (Series 2018)			195.91						195.91	
Revenue (Series 2013)			837,836.83						837,836.83	
Prepayment (Series 2013)			9,988,289.09						9,988,289.09	
Principal (Series 2018)			1.00						1.00	
General Checking Account					$7,074.74				7,074.74	
Acquisition/Construction (Series 2013)					667,481.80				667,481.80	
Acquisition/Construction (Series 2018)					1,150.05				1,150.05	
Total Current Assets	$354,689.80		$14,304,825.96		$675,706.59		$0.00		$15,335,222.35	

Investments
Amount Available in Debt Service Funds							

$14,304,825.96		

$14,304,825.96	
Amount To Be Provided							31,560,174.04		31,560,174.04	
Total Investments	$0.00		$0.00		$0.00		$45,865,000.00		$45,865,000.00	
Total Assets	$354,689.80		$14,304,825.96		$675,706.59		$45,865,000.00		$61,200,222.35	

Liabilities and Net Assets

Current Liabilities
Accounts Payable
Due To Other Governmental Units Accounts Payable
Total Current Liabilities

$40,015.34	$40,015.34
9,522.08	9,522.08
$2,142.64	2,142.64

$49,537.42	$0.00	$2,142.64	$0.00	$51,680.06

Long Term Liabilities
Revenue Bonds Payable - Long-Term							$45,865,000.00		$45,865,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$45,865,000.00		$45,865,000.00	
Total Liabilities	$49,537.42		$0.00		$2,142.64		$45,865,000.00		$45,916,680.06	

Net Assets
Net Assets, Unrestricted	

$53,372.29								

$53,372.29	
Current Year Net Assets, Unrestricted	15,000.00								15,000.00	
Net Assets - General Government	88,624.94								88,624.94	
Current Year Net Assets - General Government	148,155.15								148,155.15	
Net Assets, Unrestricted			$4,523,304.33						4,523,304.33	
Current Year Net Assets, Unrestricted			9,781,521.63						9,781,521.63	
Net Assets, Unrestricted					($10,264,278.80)				(10,264,278.80)	
Net Assets, Unrestricted					867,775.79				867,775.79	
Current Year Net Assets, Unrestricted					356,692.78				356,692.78	
Net Assets - General Government					9,713,374.18				9,713,374.18	
Total Net Assets	$305,152.38		$14,304,825.96		$673,563.95		$0.00		$15,283,542.29	
										
Total Liabilities and Net Assets	$354,689.80		$14,304,825.96		$675,706.59		$45,865,000.00		$61,200,222.35	

Page 1 of 1

Greeneway Improvement District
Statement of Activities As of 9/30/2021

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Revenues

On-Roll Assessments	$539,570.93								$539,570.93	
Off-Roll Assessments	372,087.57								372,087.57	
Developer Contributions	48,989.37								48,989.37	
Other Income & Other Financing Sources	49,673.91								49,673.91	
Inter-Fund Transfers In	15,000.00								15,000.00	
On-Roll Assessments			$2,583,017.70						2,583,017.70	
Other Assessments			18,546,326.11						18,546,326.11	
Inter-Fund Group Transfers In			(173.77)						(173.77)	
Debt Proceeds			405,133.90						405,133.90	
Developer Contributions					$2,281.00				2,281.00	
Inter-Fund Transfers In					(14,826.23)				(14,826.23)	
Debt Proceeds					643,385.28				643,385.28	
Total Revenues	$1,025,321.78		$21,534,303.94		$630,840.05		$0.00		$23,190,465.77	

Expenses

Supervisor Fees	$5,200.00	$5,200.00	
Public Officials' Liability Insurance	2,415.00	2,415.00	
Trustee Services	9,708.38	9,708.38	
Management	40,000.00	40,000.00	
Engineering	27,113.25	27,113.25	
Dissemination Agent	5,000.00	5,000.00	
Property Appraiser	2,810.00	2,810.00	
District Counsel	47,500.08	47,500.08	
Assessment Administration	7,500.00	7,500.00	
Audit	4,425.00	4,425.00	
Travel and Per Diem	91.20	91.20	
Postage & Shipping	188.37	188.37	
Legal Advertising	4,223.76	4,223.76	
Miscellaneous	594.65	594.65	
Property Taxes	4,246.25	4,246.25	
Web Site Maintenance	2,400.00	2,400.00	
Holiday Decorations	6,075.00	6,075.00	
Dues, Licenses, and Fees	175.00	175.00	
Electric	10,642.98	10,642.98	
Water Reclaimed	59,744.27	59,744.27	
General Insurance	2,717.00	2,717.00	
Property & Casualty	4,041.00	4,041.00	
Irrigation	60,270.32	60,270.32	
Landscaping Maintenance & Material	267,079.35	267,079.35	
Tree Trimming	3,775.00	3,775.00	
Flower & Plant Replacement	40,405.00	40,405.00	

Page 1 of 2

Greeneway Improvement District
Statement of Activities As of 9/30/2021

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Contingency	7,957.99								7,957.99	
IME - Aquatics Maintenance	3,607.20								3,607.20	
IME - Irrigation	2,241.31								2,241.31	
IME - Landscaping	91,298.03								91,298.03	
IME - Lighting	767.50								767.50	
IME - Miscellaneous	4,151.05								4,151.05	
IME - Water Reclaimed	623.99								623.99	
Pest Control	5,190.00								5,190.00	
Hardscape Maintenance	6,550.00								6,550.00	
Streetlights	89,120.13								89,120.13	
Personnel Leasing Agreement	33,000.11								33,000.11	
Principal Payments (Series 2013)			$1,095,000.00						1,095,000.00	
Principal Payments (Series 2018)			7,871,569.64						7,871,569.64	
Interest Payments (Series 2013)			2,558,535.69						2,558,535.69	
Interest Payments (Series 2018)			228,365.37						228,365.37	
Engineering					$216,390.33				216,390.33	
District Counsel					4,945.00				4,945.00	
Legal Advertising					937.87				937.87	
Contingency					51,898.84				51,898.84	
Total Expenses	$862,848.17		$11,753,470.70		$274,172.04		$0.00		$12,890,490.91	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$681.54								$681.54	
Interest Income			$688.39						688.39	
Interest Income					$24.77				24.77	
Total Other Revenues (Expenses) & Gains (Losses)	$681.54		$688.39		$24.77		$0.00		$1,394.70	

Change In Net Assets	$163,155.15		$9,781,521.63		$356,692.78		$0.00		$10,301,369.56	

Net Assets At Beginning Of Year	
$141,997.23		
$4,523,304.33		
$316,871.17		
$0.00		
$4,982,172.73	

Net Assets At End Of Year	

$305,152.38		

$14,304,825.96		

$673,563.95		

$0.00		

$15,283,542.29	

Page 2 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 09/30/2021

Revenues				Adopted Budget	
On-Roll Assessments	$	539,570.93	$	539,080.28	$	490.65	$	539,080.28	
Off-Roll Assessments	372,087.57	372,087.57	-	372,087.57	
Developer Contributions	48,989.37	-	48,989.37	-	
Other Income & Other Financing Sources	49,673.91	-	49,673.91	-	
Net Revenues	$ 1,010,321.78	$	911,167.85	$	99,153.93	$	911,167.85	

Actual	Budget	Variance	FY 2021

Supervisor Fees	$	5,200.00	$	7,200.00	$	(2,000.00)	$	7,200.00	
nancial & Administrative
Public Officials' Liability Insurance	
2,415.00		
2,550.00	
(135.00)	
2,550.00	
Trustee Services	9,708.38		9,000.00	708.38	9,000.00	
Management	40,000.00		40,000.00	-	40,000.00	
District Engineering						
District Engineering	5,451.00		10,000.00	(4,549.00)	10,000.00	
Boundary Amendment - Developer Funded	21,662.25		-	21,662.25	-	
Dissemination Agent	5,000.00		5,000.00	-	5,000.00	
Property Appraiser	2,810.00		1,700.00	1,110.00	1,700.00	
District Counsel						
District Counsel	22,005.97		30,000.00	(7,994.03)	30,000.00	
Boundary Amendment - Developer Funded	25,494.11		-	25,494.11	-	
Assessment Administration	7,500.00		7,500.00	-	7,500.00	
Reamortization Schedules	-		250.00	(250.00)	250.00	
Audit	4,425.00		5,000.00	(575.00)	5,000.00	
Travel and Per Diem	91.20		300.00	(208.80)	300.00	
Telephone	-		50.00	(50.00)	50.00	
Postage & Shipping	188.37		1,000.00	(811.63)	1,000.00	
Copies	-		2,500.00	(2,500.00)	2,500.00	
Legal Advertising	4,223.76		7,500.00	(3,276.24)	7,500.00	
Miscellaneous	594.65		5,100.00	(4,505.35)	5,100.00	
Property Taxes	4,246.25		1,000.00	3,246.25	1,000.00	
Web Site Maintenance	2,400.00		2,700.00	(300.00)	2,700.00	
Holiday Decorations	6,075.00		8,000.00	(1,925.00)	8,000.00	
Dues, Licenses, and Fees	175.00		250.00	(75.00)	250.00	
Total General & Administrative Expenses	$	169,665.94		$	146,600.00	$	23,065.94	$	146,600.00	

General & Administrative Expenses Legislative

Fi

Page 1 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 09/30/2021

Actual	Budget	Variance	FY 2021
Adopted Budget

Field Operations
Electric Utility Services		
Electric	$	10,642.98	$	9,000.00	$	1,642.98	$	9,000.00	
Water-Sewer Combination Services									
Water Reclaimed	59,744.27	40,000.00	19,744.27	40,000.00	
Other Physical Environment
General Insurance	
2,717.00	
2,950.00	
(233.00)	
2,950.00	
Property & Casualty Insurance	4,041.00	7,000.00	(2,959.00)	7,000.00	
Other Insurance	-	150.00	(150.00)	150.00	
Irrigation Repairs	60,270.32	40,000.00	20,270.32	40,000.00	
Landscaping Maintenance & Material	267,079.35	269,836.00	(2,756.65)	269,836.00	
Tree Trimming	3,775.00	40,000.00	(36,225.00)	40,000.00	
Flower & Plant Replacement	40,405.00	40,000.00	405.00	40,000.00	
Contingency	7,957.99	20,992.22	(13,034.23)	20,992.22	
Pest Control	5,190.00	4,740.00	450.00	4,740.00	
Hurricane Cleanup	-	20,000.00	(20,000.00)	20,000.00	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
3,607.20	
3,816.00	
(208.80)	
3,816.00	
IME - Irrigation Repairs	2,241.31	10,800.00	(8,558.69)	10,800.00	
IME - Landscaping	91,298.03	87,266.88	4,031.15	87,266.88	
IME - Lighting	767.50	1,800.00	(1,032.50)	1,800.00	
IME - Miscellaneous	4,151.05	1,800.00	2,351.05	1,800.00	
IME - Water Reclaimed	623.99	2,700.00	(2,076.01)	2,700.00	
Road & Street Facilities
Entry and Wall Maintenance	
-	
3,000.00	
(3,000.00)	
3,000.00	
Hardscape Maintenance	6,550.00	5,000.00	1,550.00	5,000.00	
Streetlights	89,120.13	100,370.08	(11,249.95)	100,370.08	
Accent Lighting	-	2,000.00	(2,000.00)	2,000.00	
Parks & Recreation
Personnel Leasing Agreement	
33,000.11	
36,000.00	
(2,999.89)	
36,000.00	
Reserves									
Infrastructure Capital Reserve	22,200.00		22,200.00		-		22,200.00	
Interchange Maintenance Reserve	3,146.67		3,146.67		-		3,146.67	
	$	718,528.90		$	774,567.85		$	(56,038.95)		$	774,567.85	
Total Expenses	$	888,194.84		$	921,167.85		$	(32,973.01)		$	921,167.85	

Income (Loss) from Operations	
$	122,126.94		
$	(10,000.00)		
$	132,126.94		
$	(10,000.00)	

Other Income (Expense)
Interest Income	$	681.54	$	10,000.00	$	(9,318.46)	$	10,000.00	
Total Other Income (Expense)	$	681.54		$	10,000.00		$	(9,318.46)		$	10,000.00	

Net Income (Loss)

$	122,808.48	$

-	$	122,808.48	$	-

 

Page 2 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 09/30/2021

Oct-20	Nov-20	Dec-20	Jan-21	Feb-21	Mar-21	Apr-21	May-21	Jun-21	Jul-21	Aug-21	Sep-21	YTD Actual

Revenues		
On-Roll Assessments	$	-	$ 25,594.37	$ 113,393.70	$ 190,406.94	$	35,075.35	$	62,564.31	$ 62,591.00	$	6,235.60	$	8,000.89	$	7,809.28	$	27,460.30	$	439.19	$	539,570.93	
Off-Roll Assessments		-	186,043.81	-	-		-		-	93,021.91		93,021.85		-		-		-		-		372,087.57	
Developer Contributions		-	-	1,833.00	4,482.00		6,064.00		1,598.50	21,662.90		2,051.50		2,832.01		3,014.00		5,070.00		381.46		48,989.37	
Other Income & Other Financing Sources		-	-	-	-		-		-	-		-		-		-		0.66		49,673.25		49,673.91	

Net Revenues

$	-	$ 211,638.18

$ 115,226.70

$ 194,888.94

$   41,139.35

$   64,162.81

$ 177,275.81

$ 101,308.95

$ 10,832.90

$ 10,823.28

$  32,530.96

$  50,493.90

$ 1,010,321.78

General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative

$	400.00

$	200.00	$

-	$	200.00	$

-	$	800.00

$	800.00	$

400.00

$	600.00

$	600.00	$

600.00	$

600.00

$	5,200.00

Public Officials' Liability Insurance	2,415.00	-	-	-	-	-	-	-	-	-	-	-
Trustee Fees	3,362.70	-	-	4,617.19	-	-	-	-	1,728.49	-	-	-
Management	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.33	3,333.37

2,415.00
9,708.38
40,000.00

District Engineering District Engineering
Boundary Amendment - Developer Funded Dissemination Agent
Property Appraiser District Counsel
District Counsel
Boundary Amendment - Developer Funded Assessment Administration
Reamortization Schedules Audit
Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Property Taxes Website Maintenance Holiday Decorations
Dues, Licenses, and Fees

-	-	-	-	-	-	-	-
-	750.00	187.50	125.00	812.50	437.50	500.00	446.00	1,008.50	446.00	187.50	550.50

-	-	-	1,250.00	-	1,250.00	-	-	1,250.00	-	-	1,250.00	5,000.00	
-	-	2,810.00	-	-	-	-	-	-	-	-	-	2,810.00	
-	-	1,756.75	2,401.00	1,393.80	2,769.00	1,441.46	4,289.97	-	3,223.52	3,410.83	1,319.64	22,005.97	
-	-	4,819.00	3,324.50	1,598.50	3,676.65	2,051.50	2,832.00	-	2,438.00	4,753.96	-	25,494.11	
7,500.00	-	-	-	-	-	-	-	-	-	-	-	7,500.00	
-	-	-	-	-	-	-	-	-	-	-	-	-	
-	-	-	-	-	-	-	-	4,425.00	-	-	-	4,425.00	
-	-	35.27	-	6.91	-	17.16	10.27	7.47	6.90	7.22	-	91.20	
-	-	-	-	-	-	-	-	-	-	-	-	-	
-	19.27	7.00	14.79	34.56	15.42	14.45	4.08	9.18	25.58	11.48	32.56	188.37	
-	-	-	-	-	-	-	-	-	-	-	-	-	
331.25	361.26	636.25	342.50	305.00	-	606.25	301.25	301.25	-	790.00	248.75	4,223.76	
-	-	40.16	-	-	-	82.25	240.12	75.00	-	32.12	125.00	594.65	
-	59.88	-	-	4,186.37	-	-	-	-	-	-	-	4,246.25	
125.00	125.00	125.00	425.00	125.00	125.00	425.00	125.00	125.00	425.00	125.00	125.00	2,400.00	
6,075.00	-	-	-	-	-	-	-	-	-	-	-	6,075.00	
175.00	-	-	-	-	-	-	-	-	-	-	-	175.00	

-	1,590.00	625.00	187.50	17,708.75	277.50	-	-	-	576.00	697.50	-

5,451.00
21,662.25

Total General & Administrative Expenses

$ 23,717.28

$  6,438.74

$   14,375.26

$ 16,220.81

$   29,504.72

$   12,684.40

$  9,271.40

$   11,982.02

$ 12,863.22

$ 11,074.33

$  13,948.94

$	7,584.82

$  169,665.94

Field Operations
Electric Utility Services
Electric
Water-Sewer Combination Services

$	-	$

848.49	$

854.65

$	993.58	$

843.37	$

837.01

$	918.66	$

912.77

$	862.82

$	846.03	$

920.74

$	1,804.86

$   10,642.98

Water Reclaimed	120.74	4,175.67	3,816.69	4,248.26	4,469.50	4,059.36	5,298.48	6,233.49	6,737.38	6,741.21	5,285.45	8,558.04	59,744.27

Page 1 of 2

Other Physical Environment

Greeneway Improvement District
Budget to Actual
For the Month Ending 09/30/2021

YTD Actual

2,717.00
4,041.00
- 60,270.32
267,079.35
3,775.00
40,405.00
7,957.99
5,190.00
-

3,607.20
2,241.31
91,298.03
767.50
4,151.05
623.99

- 6,550.00
89,120.13
- 33,000.11
22,200.00
3,146.67	
$  718,528.90

$  888,194.84	

$  122,126.94

$	681.54	
$	681.54	
$  122,808.48	

Oct-20	Nov-20	Dec-20	Jan-21	Feb-21	Mar-21	Apr-21	May-21	Jun-21	Jul-21	Aug-21	Sep-21

General Insurance	2,717.00	-	-	-	-	-	-	-	-	-	-	-	
Property & Casualty Insurance	3,551.00	490.00	-	-	-	-	-	-	-	-	-	-	
Other Insurance	-	-	-	-	-	-	-	-	-	-	-	-	
Irrigation Repairs	-	5,787.98	9,591.25	7,741.65	8,815.23	1,999.00	3,973.92	4,359.70	2,518.20	1,763.00	4,318.19	9,402.20	
Landscaping Maintenance & Material	20,934.42	20,934.42	20,934.42	20,934.42	22,917.75	18,944.08	7,948.00	3,972.68	60,805.91	22,917.75	22,917.75	22,917.75	
Tree Trimming	-	-	-	-	-	-	-	-	-	-	1,775.00	2,000.00	
Flower & Plant Replacement	-	5,962.20	2,260.00	-	-	-	-	-	4,975.50	761.20	23,226.10	3,220.00	
Contingency Pest Control
Hurricane Cleanup	-	-

-	-	-

-	7,908.00

-	49.99

-	- 2,595.00
-	-	-	-
-	-	-
-	-	-	-	-	-
-	-	2,595.00
-	-	-	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
300.60	
IME - Irrigation	-	108.45	330.92	352.80	236.97	-	394.69	119.18	442.80	49.58	205.92	-	
IME - Landscaping	7,272.24	7,272.24	-	14,544.48	7,344.24	-	16,398.35	7,272.36	7,272.36	7,562.88	7,272.24	9,086.64	
IME - Lighting	-	66.25	67.83	75.38	65.46	65.68	107.74	62.27	59.36	60.93	67.09	69.51	
IME - Miscellaneous	1,296.00	-	1,728.00	217.80	340.45	109.80	459.00	-	-	-	-	-	
IME - Water Reclaimed	-	30.80	39.00	25.09	40.99	30.80	63.84	47.20	117.99	116.25	46.70	65.33	
Road & Street Facilities													
Entry and Wall Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	
Hardscape Maintenance	-	-	6,550.00	-	-	-	-	-	-	-	-	-	
Streetlights	-	7,395.37	7,384.33	7,453.30	7,422.63	7,424.05	7,432.25	7,432.25	7,428.10	7,428.10	7,438.22	14,881.53	
Accent Lighting	-	-	-	-	-	-	-	-	-	-	-	-	
Parks & Recreation
Personnel Leasing Agreement	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
3,000.01	
-	
Reserves													

Total Field Operations Expenses	$ 39,192.01		$ 56,372.48		$ 56,857.70		$ 67,795.37		$ 55,847.19		$ 39,365.39		$ 46,295.54		$ 33,712.51		$ 94,521.03		$ 51,547.54		$  76,774.01		$ 100,248.13	

Total Expenses	
    $ 62,909.29 		
   $ 62,811.22  		
  $ 71,232.96  		
   $ 84,016.18  		
  $ 85,351.91  		
  $ 52,049.79  		
   $ 55,566.94  		
  $ 45,694.53  		
   $ 107,384.25  		
   $ 62,621.87  		
   $  90,722.95  		
   $ 107,832.95  	
Income (Loss) from Operations	$ (62,909.29)		$ 148,826.96		$ 43,993.74		$ 110,872.76		$ (44,212.56)		$ 12,113.02		$ 121,708.87		$ 55,614.42		$ (96,551.35)		$ (51,798.59)		$ (58,191.99)		$ (57,339.05)	
Other Income (Expense)																								
Interest Income	$	6.98		$	8.96		$	111.91		$	17.68		$	10.86		$	274.70		$	12.70		$	12.13		$	142.66		$	10.94		$	13.36		$	58.66	
Total Other Income (Expense)	$	6.98		$	8.96		$	111.91		$	17.68		$	10.86		$	274.70		$	12.70		$	12.13		$	142.66		$	10.94		$	13.36		$	58.66	

Infrastructure Capital Reserve	-	-	-	-	-	-	-	-	-	-	-	22,200.00	
Interchange Maintenance Reserve	-	-	-	-	-	-	-	-	-	-	-	3,146.67	

Net Income (Loss)

$ (62,902.31)

$ 148,835.92

$   44,105.65

$ 110,890.44

$ (44,201.70)	$

Page 2 of 2

12,387.72

$ 121,721.57

$   55,626.55

$ (96,408.69)

$ (51,787.65)

$   (58,178.63)

$   (57,280.39)

Greeneway Improvement District Cash Flow

FY 2020 Inflows	FY 2020 Outflows	FY 2021 Inflows	FY 2021 Outflows	End. Cash	

11,690.32	
(37,876.60)	
0.88	
(34,374.01)	
16,627.45	
18,012.50	(4,739.02)	334,394.58	(82,655.01)	281,640.50	
-	(1,058.00)	661,198.36	(713,869.03)	227,911.83	
-	-	1,105,945.86	(981,089.00)	352,768.69	
-	-	204,784.23	(247,016.86)	310,536.06	
-	-	363,784.12	(363,291.62)	311,028.56	
-	-	476,763.43	(356,898.27)	430,893.72	
-	-	131,151.23	(83,190.56)	478,854.39	
-	-	17,333,652.18	(17,394,564.85)	417,941.72	
-	-	48,193.51	(62,883.39)	403,251.84	
-	-	163,926.22	(294,021.51)	273,156.55	
-	-	52,646.14	(85,547.43)	240,255.26	
-	-	-	(50,419.58)	189,835.68 as of 10/15/2021	

Beg. Cash

10/1/2020	77,186.86	
11/1/2020	16,627.45	
12/1/2020	281,640.50	
1/1/2021	227,911.83	
2/1/2021	352,768.69	
3/1/2021	310,536.06	
4/1/2021	311,028.56	
5/1/2021	430,893.72	
6/1/2021	478,854.39	
7/1/2021	417,941.72	
8/1/2021	403,251.84	
9/1/2021	273,156.55	
10/1/2021	240,255.26	

Totals	3,082,157.62	(2,980,621.25)	20,876,440.74	(20,766,004.12)

Greeneway Improvement District Construction Tracking - mid-October

Amount

666,489.16

$

Series 2013 Construction Funds Remaining

(731.64)
(261.00)
==========
$	(992.64)
==========

Total Requisitions This Month

$

Requisitions This Month
Requisition #705: Donald W. McIntosh Associates Requisition #706: Hopping Green & Sams

48,700,000.00
1,457,922.47
(49,490,440.67)
==========
$	667,481.80

Construction Funds Available

$

Series 2013 Bond Issue
Original Construction Fund
Additions (Interest, Transfers from DSR, etc.)
Cumulative Draws Through Prior Month

$	17,739,219.92

Series 2018 Construction Funds Remaining

==========
$	-

Requisitions This Month

Total Requisitions This Month

$	24,000,000.00
105,014.58
(6,365,794.66)

Series 2018 Bond Issue
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month

Current Committed Funding	-
Upcoming Committed Funding	-
Total Committed Funding	$	-

Net Uncommitted	18,405,709.08