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, March 21, 2023, 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 February 21, 2023, Board of Supervisors’ Meeting

Business Matters
Consideration of Arbitrage Rebate Proposals (provided under separate cover)
Ratification of Requisition Nos. 739 – 740 Paid in February 2023 in an amount totaling
$280.40
Ratification of Operation and Maintenance Expenditures Paid in February 2023 in an amount totaling $46,772.78
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 February 21, 2023 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, February 21, 2023, at 2:30 p.m. at the Courtyard Orlando Lake Nona, 6955 Lake Nona Blvd, Orlando, FL
32827.			
Present:			
Chad Tinetti	Chairperson		
Karen Duerr	Vice Chair		
Matthew Franko	Assistant Secretary	(joined at 2:33 p.m.)	
Amanda Kost	Assistant Secretary		
Antoinette Munroe	Assistant Secretary	(via phone)	
Also attending:			
Jennifer Walden	PFM	(via phone)	
Lynne Mullins	PFM		
Amanda Lane	PFM	(via phone)	
Jorge Jimenez	PFM	(via phone)	
Jeffrey Newton	Donald W. McIntosh Associates		
Larry Kaufmann	Construction Supervisor	(via phone)	
Matt McDermott	Construction Committee Member	
Tucker Mackie	Kutak Rock	(joined at 2:33 p.m. via phone)	
Samantha Sharenow	Berman		
Katie Harmer	Berman		

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Mullins called for public comments. There were no public comments.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the December 13, 2022, Board of Supervisors’ Meeting

The Board reviewed the minutes of the December 13, 2022, Board of Supervisors’ Meeting.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Minutes of the December 13, 2022, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Ratification	of	Pressure	Washing Proposal with Berman

Ms. Mullins explained that District staff reached out to several vendors for proposals. The first one came in with an overall cost of $14,400.00 as they didn’t split it out for each District, the second was from Kendrick

for $1,350.00 and the last one was from TRT Home Services at $5,325.00. This was a time sensitive item, so Mr. Tinetti approved going with Berman at a cost of $1,320.00 outside of a meeting.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Pressure Washing Proposal with Berman.

FIFTH ORDER OF BUSINESS	Ratification of Requisition Nos. 734 – 737 Paid in December 2022 in an amount totaling $492.05

Ms. Mullins noted that these Requisitions have been approved and need to be ratified by the Board.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition Nos. 734 – 737 Paid in December 2022 in an amount totaling $492.05.

SIXTH ORDER OF BUSINESS	Ratification of Requisition No. 738 Paid in January 2023 in an amount totaling $48.40

Ms. Mullins noted that this Requisition has been approved and needs to be ratified by the Board.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. 738 Paid in January 2023 in an amount totaling
$48.40.

Ms. Mullins noted that Mr. Franko joined the meeting at 2:33 p.m.

SEVENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in December 2022 in an amount totaling
$47,526.98

Ms. Mullins noted that these expenditures have been approved and need to be ratified by the Board.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures Paid in December 2022 in an amount totaling $47,526.98.

EIGHTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in January 2023 in an amount totaling
$24,751.25

Ms. Mullins noted that these expenditures have been approved and need to be ratified by the Board.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures Paid in January 2023 in an amount totaling $24,751.25.

NINTH ORDER OF BUSINESS	Recommendation	of	Work Authorizations/Proposed Services

Mr. Kaufmann stated there were no Work Authorizations.

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

The Board reviewed the District’s Financial Statements through January 2023. Ms. Mullins noted that the District has spent $150,000.00 versus a budget of $631,000.00 which is roughly 24% of the total budget.

ELEVENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.

District Manager –	Ms. Mullins noted the next meeting is scheduled for March 21, 2023. District Engineer –	No report.
Construction Supervisor –	No report.

Landscape Supervisor –	Ms. Sharenow shared that there is a tree down on Benavente that will
need to be addressed and she is waiting for the proposal from BrightView. Discussion ensued regarding the need to replace the wax myrtle and the available funds in the budget.

On motion by Ms. Kost, seconded by Mr. Tinetti, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved a not-to-exceed amount of $10,000.00 for cleanup and replanting the down tree.

Ms. Mullins introduced the Board to Samantha Sharenow and Katie Harmer with Berman as they will be replacing Aaron Wilbanks for the landscaping items. They are meeting with the landscapers regularly and getting items organized and cleaned up.

Irrigation Supervisor –	No report.

TWELFTH ORDER OF BUSINESS	Supervisor Requests	
There were no Supervisor requests.		

THIRTEENTH ORDER OF BUSINESS	
Adjournment	

On motion by Ms. Kost, seconded by Mr. Tinetti, with all in favor the February 21, 2023, Meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

GREENEWAY IMPROVEMENT DISTRICT

Arbitrage Rebate Proposals
(provided under separate cover)

GREENEWAY IMPROVEMENT DISTRICT

Requisition Nos. 739 – 740 Paid in February 2023 in an amount totaling $280.40

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 February 1, 2023 through February 28, 2023. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
739	Donald W. McIntosh Associates	$231.25	
740	Boggy Creek Improvement District	$49.15	
		$280.40	

RECEIVED
By Amanda Lane at 11:02 am, Feb 09, 2023

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: 739

Name of Payee: Donald W. McIntosh Associates

Amount Payable: $231.25
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments):
Invoice 43664 for Project 23216 (Lake Nona Greeneway) Through 12/30/2022
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:

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;

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.

GID Requisition 739: Donald W. McIntosh Associates	January 20, 2023	Pagel of?

RECEIVED
By Amanda Lane at 11:02 am, Feb 09, 2023

GREENEWAYIMPROVEMENT
 TRICT
/(-	-	r
Responsible O r
Date: 1,_U_do-----= ---"5=------- 
CONSULTING ENGINEER'S APPROVAL

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.

GID Requisition 739: Donald W. McIntosh Associates	Jnnu11cy 20, 2023	Page2 of2

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: 740

Name of Payee: Boggy Creek Improvement District

Amount Payable: $49.15

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

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 2018 Construction Funds Requisition 286 (Reference OSC67771844; Ad: 7368715)

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:

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;

GJD Requisition 740: Boggy Creek Improvement Di trict	February 17, 2023	Page I of2

Received on Friday, February 17, 2023 - Alane

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.

GREENEW AY IMPROVEMENT
TRICT		

/(	

CONSULTING ENGINEER'S APPROVAL

Date:---

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.

GID Requisition 740: Boggy Creek Improvement District

February 17, 2023	Page 2 of2

Received on Friday, February 17, 2023 - Alane

GREENEWAY IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in 2023 in an amount totaling $46,772.78

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 February 1, 2023 through February 28, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:    $46,772.78

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

		Greeneway Improvement District AP Check Register (Current by Bank) Check Dates: 2/1/2023 to 2/28/2023		
Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: SUN - CIT% NATIONAL BANK			(()-)()-((((-((-()	
33+8	02/0 /23	 	B$&)	Bright$ie% &an'sca(e )er*ices	,1 -.++/00	
33+	02/0 /23	 	D34 C	Dona0' 1/ c2ntosh Associates	,18 /.0	
33 0	02/0 /23	 	3R&)	3r0an'o )entine0	,223/2.	
33 1	02/0 /23	 	6R5)69	5) Bank as 6rustee 7or 8reene%	,2. - 8 / 8	
33 2	02/1 /23	 	B$&)	Bright$ie% &an'sca(e )er*ices	,22/ 3	
33 3	02/1 /23	 	:56A:	:utak Rock	,1-2 ./1 	
33	02/1 /23	 	$8&3BA	$80oba06ech	,13./00	
33 .	02/22/23	 	B$&)	Bright$ie% &an'sca(e )er*ices	,3-11 / 8	
33 +	02/22/23	 	P; 8C	P;  8rou( Consu0ting	,3-333/33	
33	02/22/23	 	6R5)69	5) Bank as 6rustee 7or 8reene%	,1 -3 8/ 1	
		BANK SUN REGISTER TOTAL:	
$297,744.35	
		GRAND TOTAL :	
$297,744.35	

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

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #565
1/20/2023

Item No.	Payee	Invoice
Number	General
Fund	

1	
BrightView Landscape Services
November Section 1 Landscaping	

8241001	

$	5,727.00	
	December Section 1 Landscaping	8241002	$	5,727.00	
	January Section 1 Landscaping	8241003	$	5,727.00	
2	Donald W McIntosh Associates			
	E::ngineering services Tnrough 12/J0/2022	43663	181.50	
3	Orange County Utlllties			
	9987 Laureate Blvd; Service 12/15/2022 - 01/17/2023	Acct: 6838006489	$	405.02	

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

TOTAL	$	17,773.52
/ov&/4  ,,.,
Chairperson

RECEIVED
By Amanda Lane at 9:32 am, Feb 08, 2023

I

I

RECEIVED
By Amanda Lane at 9:32 am, Feb 08, 2023

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #566
1/25/2023

Item
No.	Payee	Invoice
Number	General
Fund	

1	
BrightVlew Landscape Services
Irrigation Repair Timer 26	

8251478	

$	385.00	
	urianao  enune1			
	Legal Advertising on 01/09/2023 (Ad: 7348622)	OSC66656125	$	223.25	

TOTAL	$	608.25

          Chairperson

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

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #567

2/3/2023		
Item	Payee	Invoice	General	
No.		Number	Fund	

1	
Berman Construction			
	February Administrator & Irrigation Specialist	34211	$	1,859.99	
2	BrlghtView Landscape Services			
	February Section 2 Landscaping	8259210	$	3,046.00	
	February Section 3 Landscaping	8259211	$	3,134.00	
	Irrigation Repairs	8273481	$	22.93	
	February Section 1 Landscaping	8273510	$	5,727.00	
3	Kutak Rock			
	General Counsel Through 12/31/2022	3169997	$	1,295.17	
4	VGlobalTech			
	January Website Maintenance	4628	$	135.00	

cl::

TOTAL	$	15,220.09

17Z/

Chairperson

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

RECEIVED
By Amanda Lane at 10:34 am, Feb 09, 2023

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #568
2/10/2023

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Boggy Creek Improvement District			
	January ICM Expenses	ICM2023-04	$	6,426.29	
2	BrightView Landscape Services			
	October Pro-Rated Landscaping	8283380	$	2,771.10	

3	ouc
Acct: 8795843030; Service 01/03/2023 - 02/01/2023		

$	8,252.14	
4	PFM Group Consulting			
	DM Fee: February 2023	DM-02-2023-17	$	3,333.33	

ry/Assistant Secretary

;2!;ru

TOTAL	$	20,782.86

Chairperson

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

RECEIVED
By Amanda Lane at 10:02 am, Feb 22, 2023

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #569
2/17/2023

Item
No.	Payee	Invoice
Number	General
Fund	

1	
BrightView Landscape Services			
	January Irrigation Inspection	5434853	$	343.88	
2	Orange County Utilities
9987 Laureate Blvd; Service 01/18/2023 - 02/14/2023	
Acct 6838006489	
$	539.90	

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

Chairperson

I	l

RECEIVED	
By Amanda Lane at 4:38 pm, Feb 21, 2023

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 2/28/2023

General Fund	Debt Service		Capital Projects Fund	

Assets			

$426,298.22				
1,560.07				
74,537.53				
1,625.58				
87,576.33				
24,082.09				
	$381,903.69			
	17,378.41			
	2,721,087.50			
	2,346,434.73			
	3,402.79			
			$7,076.23	
			1,458,540.05	
$615,679.82	$5,470,207.12		$1,465,616.28	
$0.00	$0.00		$0.00	
$615,679.82	$5,470,207.12		$1,465,616.28	

General Long- Term Debt		Total	

$0.00		

$426,298.22
1,560.07
74,537.53
1,625.58
87,576.33
24,082.09
381,903.69
17,378.41
2,721,087.50
2,346,434.73
3,402.79
7,076.23
1,458,540.05
$7,551,503.22	

$5,070,925.02 29,904,074.98
$34,975,000.00		
$5,070,925.02 29,904,074.98
$34,975,000.00	
$34,975,000.00		$42,526,503.22	

Current Assets
General Checking Account State Board of Administration Assessments Receivable Deposits
Infrastructure Capital Reserve Interchange Maintenance Reserve Assessments Receivable
Due From Other Funds
Debt Service Reserve (Series 2013) Revenue (Series 2013)
Prepayment (Series 2013) General Checking Account
Acquisition/Construction (Series 2013) Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

Page 1 of 2

Greeneway Improvement District

General Long- Term Debt		Total	

$0.00		

$16,641.39 6,242.38
74,537.53
381,903.69
$479,324.99	

$34,975,000.00
$34,975,000.00		
$34,975,000.00
$34,975,000.00	
$34,975,000.00		$35,454,324.99	

$0.00		

$68,372.19 193,075.94
256,810.39

3,651,077.40
1,437,226.03

(10,264,278.80)
1,985,033.72
31,487.18

9,713,374.18
$7,072,178.23	
			
$34,975,000.00		$42,526,503.22	

Statement of Financial Position As of 2/28/2023

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

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets

General Fund	Debt Service

Liabilities and Net Assets

6,242.38
74,537.53

$97,421.30		

$381,903.69
$381,903.69		

$0.00	
$0.00		$0.00		$0.00	
$97,421.30		$381,903.69		$0.00	

$68,372.19 193,075.94
256,810.39

$518,258.52		

$3,651,077.40 1,437,226.03

$5,088,303.43		

($10,264,278.80) 1,985,033.72
31,487.18

9,713,374.18
$1,465,616.28	
					
$615,679.82		$5,470,207.12		$1,465,616.28	

$16,641.39

Capital Projects Fund

Page 2 of 2

Greeneway Improvement District
Statement of Activities As of 2/28/2023

	General Fund	Debt Service	Capital Projects Fund	General Long- Term Debt	Total	

Revenues						
On-Roll Assessments	$437,351.86				$437,351.86	
Off-Roll Assessments	11,918.48				11,918.48	
On-Roll Assessments		$2,240,834.75			2,240,834.75	
Off-Roll Assessments		92,303.26			92,303.26	
Inter-Fund Group Transfers In		(22,324.11)			(22,324.11)	
Inter-Fund Transfers In			$22,324.11		22,324.11	
Total Revenues	

$449,270.34	

$2,310,813.90	

$22,324.11	

$0.00	

$2,782,408.35	
Expenses						
Supervisor Fees	$2,200.00				$2,200.00	
Public Officials' Liability Insurance	2,688.00				2,688.00	
Trustee Services	2,406.06				2,406.06	
Management	16,666.65				16,666.65	
Engineering	1,013.75				1,013.75	
Dissemination Agent	1,250.00				1,250.00	
Property Appraiser	4,021.76				4,021.76	
District Counsel	6,129.17				6,129.17	
Assessment Administration	7,500.00				7,500.00	
Travel and Per Diem	25.40				25.40	
Postage & Shipping	0.57				0.57	
Legal Advertising	967.25				967.25	
Bank Fees	2.00				2.00	
Meeting Room	125.82				125.82	
Property Taxes	59.88				59.88	
Web Site Maintenance	540.00				540.00	
Holiday Decorations	6,000.00				6,000.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	561.64				561.64	
Water Reclaimed	6,042.58				6,042.58	
General Insurance	3,023.00				3,023.00	
Property & Casualty	4,471.00				4,471.00	
Irrigation	1,726.85				1,726.85	
Landscaping Maintenance & Material	56,579.10				56,579.10	
Contingency	1,220.14				1,220.14	

Page 1 of 2

Greeneway Improvement District
Statement of Activities As of 2/28/2023	
	
General Fund		
Debt Service		
Capital Projects Fund		
General Long- Term Debt		
Total	
IME - Aquatics Maintenance	1,002.00								1,002.00	
IME - Irrigation	634.44								634.44	
IME - Landscaping	27,540.60								27,540.60	
IME - Lighting	227.09								227.09	
IME - Miscellaneous	422.40								422.40	
IME - Water Reclaimed	178.02								178.02	
Entry and Wall Maintenance	1,320.00								1,320.00	
Streetlights	27,848.48								27,848.48	
Personnel Leasing Agreement	9,299.95								9,299.95	
Interest Payments (Series 2013)			$896,234.38						896,234.38	
Engineering					$625.00				625.00	
Legal Advertising					255.35				255.35	
Total Expenses	

$193,868.60		

$896,234.38		

$880.35		

$0.00		

$1,090,983.33	
Other Revenues (Expenses) & Gains (Losses)										
Interest Income	$1,408.65								$1,408.65	
Interest Income			$22,646.51						22,646.51	
Interest Income					$10,043.42				10,043.42	
Total Other Revenues (Expenses) & Gains (Losses)	

$1,408.65		

$22,646.51		

$10,043.42		

$0.00		

$34,098.58	
Change In Net Assets	$256,810.39		$1,437,226.03		$31,487.18		$0.00		$1,725,523.60	

Net Assets At Beginning Of Year	
$261,448.13		
$3,651,077.40		
$1,434,129.10		
$0.00		
$5,346,654.63	

Net Assets At End Of Year	
$518,258.52		
$5,088,303.43		
$1,465,616.28		
$0.00		
$7,072,178.23	

Page 2 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 02/28/2023

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Revenue
Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbirtrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Actual	Budget

Variance

FY 2023
Adopted Budget

$

$	437,351.86
11,918.48
44,693.61
493,963.95	$

$	213,284.04	$	224,067.82	$	51
4,965.96	6,952.52
44,693.61	-	10
262,943.61	$	231,020.34	$	63	

$

$	

2,200.00

2,688.00
2,406.06
16,666.65
1,013.75
1,250.00
4,021.76
6,129.17
7,500.00
-
-
- 25.40
- 0.57
- 967.25
2.00
- 125.82
- 59.88
540.00
6,000.00
175.00
51,771.31	

$

$	

5,000.00	$	(2,800.00)	$

1,250.00	1,438.00
4,166.67	(1,760.61)
16,666.67	(0.02)
4,166.67	(3,152.92)
2,083.33	(833.33)
1,833.33	2,188.43
12,500.00	(6,370.83)
3,125.00	4,375.00
104.17	(104.17)
1,875.00	(1,875.00)
208.33	(208.33)
62.50	(37.10)
10.42	(10.42)
208.33	(207.76)
416.67	(416.67)
1,875.00	(907.75)
150.00	(148.00)
41.65	(41.65)
166.67	(40.85)
104.17	(104.17)
2,083.33	(2,023.45)
1,208.33	(668.33)
2,531.25	3,468.75
104.17	70.83
61,941.66	$	(10,170.35)	$	14	

1,881.70
11,918.30
7,264.67

1,064.67

12,000.00

3,000.00
10,000.00
40,000.00
10,000.00
5,000.00
4,400.00
30,000.00
7,500.00
250.00
4,500.00
500.00
150.00
25.00
500.00
1,000.00
4,500.00
360.00
100.00
400.00
250.00
5,000.00
2,900.00
6,075.00
250.00

8,660.00

Percentage Spent

85.44%
100.00%
41.67%

78.27%

18.33%

89.60%
24.06%
41.67%
10.14%
25.00%
91.40%
20.43%
100.00%
0.00%
0.00%
0.00%
16.93%
0.00%
0.11%
0.00%
21.49%
0.56%
0.00%
31.46%
0.00%
1.20%
18.62%
98.77%
70.00%

34.83%

Page 1 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 02/28/2023	

Actual			

Budget		

Variance	
FY 2023
Adopted Budget		
Percentage Spent	
Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services	

$	561.64		

$	

3,333.33		

$	(2,771.69)	

$	8,000.00		

7.02%	
Water Reclaimed	6,042.58			4,166.67		1,875.91			10,000.00		60.43%	
Other Physical Environment												
General Insurance	3,023.00			1,406.25		1,616.75			3,375.00		89.57%	
Property & Casualty Insurance	4,471.00			2,032.08		2,438.92			4,877.00		91.68%	
Other Insurance	-			41.67		(41.67)			100.00		0.00%	
Irrigation Repairs	1,726.85			14,208.33		(12,481.48)			34,100.00		5.06%	
Landscaping Maintenance & Material	56,579.10			76,883.45		(20,304.35)			184,520.29		30.66%	
Tree Trimming	-			4,166.67		(4,166.67)			10,000.00		0.00%	
Flower & Plant Replacement	-			6,250.00		(6,250.00)			15,000.00		0.00%	
Contingency	1,220.14			4,166.67		(2,946.53)			10,000.00		12.20%	
Pest Control	-			2,166.67		(2,166.67)			5,200.00		0.00%	
Interchange Maintenance Expenses												
IME - Aquatics Maintenance	1,002.00			1,060.00		(58.00)			2,544.00		39.39%	
IME - Irrigation Repairs	634.44			1,000.00		(365.56)			2,400.00		26.44%	
IME - Landscaping	27,540.60			27,540.60		-			66,097.44		41.67%	
IME - Landscape Improvements	-			4,000.00		(4,000.00)			9,600.00		0.00%	
IME - Lighting	227.09			400.00		(172.91)			960.00		23.66%	
IME - Miscellaneous	422.40			2,000.00		(1,577.60)			4,800.00		8.80%	
IME - Water Reclaimed	178.02			500.00		(321.98)			1,200.00		14.84%	
Road & Street Facilities												
Entry and Wall Maintenance	1,320.00			775.00		545.00			1,860.00		70.97%	
Hardscape Maintenance	-			2,066.67		(2,066.67)			4,960.00		0.00%	
Streetlights	27,848.48			27,916.67		(68.19)			67,000.00		41.56%	
Accent Lighting	-			516.67		(516.67)			1,240.00		0.00%	
Parks & Recreation												
Personnel Leasing Agreement	9,299.95			9,300.00		(0.05)			22,320.00		41.67%	
Reserves									.			
Infrastructure Capital Reserve	-			4,583.33		(4,583.33)			11,000.00		0.00%	
Interchange Maintenance Reserve	-			812.89		(812.89)			1,950.94		0.00%	
	$	142,097.29		$	201,293.62		$	(59,196.33)	$	483,104.67		29.41%	
Total Expenses	$	193,868.60		$	263,235.28		$	(69,366.68)	
$	631,764.67		30.69%	

Income (Loss) from Operations	
$	300,095.35	
$	(291.67)		
$	300,387.02		
$	
(700.00)			

Other Income (Expense)
Interest Income	

$	1,408.65	

$	291.67		

$	1,116.98	

$	700.00		

201.24%	
Total Other Income (Expense)	$	1,408.65	
$	291.67		$	1,116.98	
$	700.00		201.24%	

						
Net Income (Loss)	$	301,504.00	$	-		$	301,504.00		$	-			

Page 2 of 2

YTD Actual

$  437,351.86
11,918.48
44,693.61	
$  493,963.95

$	2,200.00

2,688.00
2,406.06
16,666.65
1,013.75
1,250.00
4,021.76
6,129.17
7,500.00
-
-
- 25.40
- 0.57
- 967.25
2.00
- 125.82
- 59.88
540.00
6,000.00
175.00	
$	51,771.31

$	561.64

6,042.58

3,023.00
4,471.00
- 1,726.85
56,579.10
-
- 1,220.14
-

1,002.00
634.44
27,540.60
- 227.09
422.40
178.02	

Greeneway Improvement District
Budget to Actual

	Oct-21	Nov-21	Dec-21	Jan-22		Feb-22	

$	
-	$	
30,069.88	
$ 107,320.42	$	
246,900.45	
$	
53,061.11	
	-	-	11,918.48	-		-	
	8,938.72	8,938.73	8,938.72	8,938.72		8,938.72	

For the Month Ending 02/28/2023

Revenues
On-Roll Assessments		
Off-Roll Assessments		
Carryforward Revenue		
Net Revenues	$	8,938.72		$  39,008.61		$ 128,177.62		$ 255,839.17		$  61,999.83	

General & Administrative Expenses						
Legislative
Supervisor Fees	
$	-	
$	1,000.00	
$	600.00	
$	-	
$	600.00	
Financial & Administrative		-	-	
Public Officials' Liability Insurance	2,688.00	-	-	-	-	
Trustee Fees	2,406.06	-	-	-	-	
Management	3,333.33	-	6,666.66	3,333.33	3,333.33	
District Engineering	-	-	826.25	187.50	-	
Dissemination Agent	-	-	1,250.00	-	-	
Property Appraiser	-	-	-	-	4,021.76	
District Counsel	-	-	4,419.50	-	1,709.67	
Assessment Administration	7,500.00	-	-	-	-	
Reamortization Schedules	-	-	-	-	-	
Audit	-	-	-	-	-	
Arbitrage Calculation	-	-	-	-	-	
Travel and Per Diem	-	-	17.80	7.60	-	
Telephone	-	-	-	-	-	
Postage & Shipping	-	-	0.57	-	-	
Copies	-	-	-	-	-	
Legal Advertising	-	256.25	487.75	223.25	-	
Bank Fees	-	2.00	-	-	-	
Miscellaneous	-	-	-	-	-	
Meeting Room	-	-	53.54	72.28	-	
Office Supplies	-	-	-	-	-	
Property Taxes	-	59.88	-	-	-	
Website Maintenance	-	-	-	405.00	135.00	
Holiday Decorations	-	-	6,000.00	-	-	
Dues, Licenses, and Fees	175.00	-	-	-	-	
Total General & Administrative Expenses	$	16,102.39		$	1,318.13		$	20,322.07		$	4,228.96		$	9,799.76	

Field Operations
Electric Utility Services

Electric	$	-	$	129.30	$	124.06	$	131.24	$	177.04	
Water-Sewer Combination Services
Water Reclaimed	
-	
2,043.73	
1,056.98	
1,318.48	
1,623.39	
Other Physical Environment
General Insurance	
3,023.00	
-	
-	
-	
-	
Property & Casualty Insurance	4,471.00	-	-	-	-	
Other Insurance	-	-	-	-	-	
Irrigation Repairs	-	-	975.04	385.00	366.81	
Landscaping Maintenance & Material	-	-	24,720.00	17,181.00	14,678.10	
Tree Trimming	-	-	-	-	-	
Flower & Plant Replacement	-	-	-	-	-	
Contingency	-	1,220.14	-	-	-	
Pest Control	-	-	-	-	-	
Interchange Maintenance Expenses
IME - Aquatics Maintenance	
200.40	
200.40	
200.40	
200.40	
200.40	
IME - Irrigation	-	-	-	634.44	-	
IME - Landscaping	5,508.12	5,508.12	5,508.12	5,508.12	5,508.12	
IME - Landscape Improvements	-	-	-	-	-	
IME - Lighting	-	49.05	53.63	65.45	58.96	
IME - Miscellaneous	-	-	-	-	422.40	
IME - Water Reclaimed	-	58.62	49.02	17.88	52.50	
Road & Street Facilities						
	Page 1	of 2				

Greeneway Improvement District
Budget to Actual
For the Month Ending 02/28/2023

		Oct-21			Nov-21			Dec-21		Jan-22			Feb-22	
Entry and Wall Maintenance		-			-			-		-			1,320.00	
Hardscape Maintenance		-			-			-		-			-	
Streetlights		-			6,931.89			6,932.17		6,992.81			6,991.61	
Accent Lighting		-			-			-		-			-	
Parks & Recreation														
Personnel Leasing Agreement		1,859.99			1,859.99			1,859.99		1,859.99			1,859.99	
Reserves														
Infrastructure Capital Reserve		-			-			-		-			-	
Interchange Maintenance Reserve		-			-			-		-			-	
Total Field Operations Expenses	$	15,062.51		$	18,001.24		$	41,479.41		$  34,294.81		$	33,259.32	

Total Expenses	
 $ 	
31,164.90		
 $ 	
19,319.37 		
 $ 	
61,801.48 		
 $  38,523.77 		
 $ 	
43,059.08 	
Income (Loss) from Operations	$	(22,226.18)		$	19,689.24		$	66,376.14		$ 217,315.40		$	18,940.75	
Other Income (Expense)
Interest Income
Total Other Income (Expense)	
$	
14.91		
$	
15.85		
$	
1,328.93		
$	28.58		
$	
20.38	
	$	14.91		$	15.85		$	1,328.93		$	28.58		$	20.38	
Net Income (Loss)	$	(22,211.27)		$	19,705.09		$	67,705.07		$ 217,343.98		$	18,961.13	

YTD Actual

1,320.00
- 27,848.48
- 9,299.95
-
-	
$  142,097.29

$  193,868.60	

$  300,095.35

$	1,408.65	
$	1,408.65	
$  301,504.00	

Page 2 of 2

Greeneway Improvement District Cash Flow

FY 2022 Inflows	FY 2022 Outflows	FY 2023 Inflows	FY 2023 Outflows	End. Cash	

‐	
(31,287.59)	
1.80	
(21,190.33)	
104,176.66		
6,693.00	(628.93)	184,139.41	(11,746.65)	282,633.49		
‐	‐	762,728.20	(709,427.87)	335,933.82		
‐	‐	1,511,943.46	(1,423,852.18)	424,025.10		
‐	‐	320,912.09	(318,638.97)	426,298.22		
‐	‐	‐	(14,306.89)	411,991.33	as of 03/08/2023	

Beg. Cash

10/1/2022	156,652.78	
11/1/2022	104,176.66	
12/1/2022	282,633.49	
1/1/2023	335,933.82	
2/1/2023	424,025.10	
3/1/2023	426,298.22	

Totals	3,218,410.68	(3,287,341.77)	2,779,724.96	(2,499,162.89)

Greeneway Improvement District Construction Tracking - early March	
		Amount	
Series 2013 Bond Issue
Original Construction Fund
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month

Construction Funds Available	
$

$	
48,700,000.00
2,255,275.71
(49,496,735.66)
==========
1,458,540.05	

Requisitions This Month

Total Requisitions This Month

Series 2013 Construction Funds Remaining	

$

$	

==========
-
==========
1,458,540.05	
			
Series 2018 Bond Issue
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month	
$	
6,365,794.66
(6,365,794.66)	
Requisitions This Month

Total Requisitions This Month	

$	

==========
-	
Series 2018 Construction Funds Remaining	$	-	

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

Net Uncommitted	1,458,540.05