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, November 14, 2023, at 6900 Tavistock Lakes Blvd. Ste 200, 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: 2531 126 0013#
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the October 17, 2023, Board of Supervisors’ Meeting

Business Matters
Consideration of Resolution 2024-01, Adopting an Amended Budget for FY 2023
Ratification of Non-Ad Valorem Assessment Administration Agreement
Ratification of Operation and Maintenance Expenditures Paid in October 2023 in an amount totaling $50,015.03
Ratification of Requisition No. (Series 2023) 15 – 18 Paid in October 2023 in an amount totaling $743.35
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 October 17, 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, October 17, 2023, at 2:31 p.m. at 6900 Tavistock Lakes Blvd., Ste 200, Orlando, FL 32827.

Present:			
Chad Tinetti	Chairperson		
Karen Duerr	Vice Chairperson		
Matthew Franko	Assistant Secretary		
Amanda Kost	Assistant Secretary	(via phone)	
Also attending:			
Jennifer Walden	PFM		
Lynne Mullins	PFM	(via phone)	
Jorge Jimenez	PFM	(via phone)	
Amanda Lane	PFM	(via phone)	
Jeffrey Newton	Donald W. McIntosh Associates	(via phone)	
Tucker Mackie	Kutak Rock		
Ryan Dugan	Kutak Rock		
Samantha Sharenow	Berman		
Katie Harmer	Berman		
Dan Young	Tavistock		
DJ Batten	Berman		

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Walden called for public comments. She noted there were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the August 15, 2023, Board of Supervisors’ Meeting

The Board reviewed the minutes of the August 15, 2023, Board of Supervisors’ Meeting.

On motion by Mr. Tinetti, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Minutes of the August 15, 2023, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Fiscal Year 2023 Audit Engagement Letter with Berger, Toombs, Elam, Gaines & Frank

Ms. Walden stated the cost is $4,590.00, which is in line with the budget, and District staff has reviewed and made edits with the final presented today for execution.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Fiscal Year 2023 Audit Engagement Letter with Berger, Toombs, Elam, Gaines & Frank in the amount of $4,590.00.

FIFTH ORDER OF BUSINESS	Ratification of Egis Insurance Package for FY 2024

Ms. Walden stated to ensure that the District maintained coverage, the Chairman did sign this outside of a meeting. The total came to $14,192.00 and that was $892.00 over budget, as there was additional property that the District added. Ms. Walden noted the District does have $9,000.00 in contingency that will cover the overage.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Egis Insurance Package for FY 2024 in the amount of
$14,192.00.

SIXTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in August 2023 in an amount totaling
$61,558.00

The Board reviewed the Operation and Maintenance Expenditures paid in August 2023.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures paid in August 2023 in an amount totaling $61,558.00.

SEVENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in September 2023 in an amount totaling $52,519.03

The Board reviewed the Operation and Maintenance Expenditures paid in September 2023.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures paid in September 2023 in an amount totaling $52,519.03.

EIGHTH ORDER OF BUSINESS	Ratification of Requisition No. (Series 2023) 9 – 12 Paid in August 2023 in an amount totaling $863.65

The Board reviewed Requisition No. (Series 2023) 9 – 12.

On motion by Mr. Franko, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. (Series 2023) 9 – 12 paid in August 2023 in an amount totaling $863.65.

NINTH ORDER OF BUSINESS	Ratification of Requisition No. (Series 2023) 13 – 14 Paid in September 2023 in an amount totaling $341.40
The Board reviewed Requisition No. (Series 2023) 13 – 14.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. (Series 2023) 13 – 14 paid in September 2023 in an amount totaling $341.40.

TENTH ORDER OF BUSINESS	Recommendation of Work Authorizations/Proposed Services

Ms. Walden stated the District has three proposals from Berman. The first one is for pressure washing monuments, bridge walls, and retaining walls at a cost of $1,500.00.

There was a brief discussion regarding the need for pressure washing at this time.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Work Authorization from Berman for pressure washing monuments in the amount of $1,500.00.

Ms. Walden stated the second proposal is for holiday decorations at a cost of $7,000.00, which includes installation, removal, and storage of the holiday decorations. Discussion ensued about the life span of the decorations and funds needed for replacement in the future.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Work Authorization from Berman for holiday decorations in the amount of $7,000.00.

The last item is the proposal for landscape removal and installation for a damaged oak tree which was hit on Nemours Parkway at a cost of $2,600.00.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Work Authorization from Berman for a damaged oak tree in the amount of $2,600.00.

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

The Board reviewed the District’s Financial Statements through September 2023. Ms. Walden noted that the District has spent just under $508,500.00 versus a budget of $631,000.00 which is roughly 80% of the total budget spent.

Ms. Walden noted that, while this is showing expenses through September, the District still has 60 days past the Fiscal Year for items to be counted toward the budget. District staff is still evaluating budget versus actual, and if any of the line items do go over the threshold that was established with the resolution, District staff may need to come back and present a revised budget for Fiscal Year 2023.

TWELFTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Mr. Dugan stated the District adopted a Prompt Payment Policy which
deals with the timeline the District has to pay vendors based on certain Florida Statutes known as the Prompt Payment Act. The policy is set up where if there are any changes to the Florida Statutes, the District policy can be automatically updated to reflect the changes. At the most recent legislative session, there were some changes to the Prompt Payment Act and District staff has updated the policy so the most current version is in the District records.

Mr. Tinetti asked if those changes could be sent to him to review.

District Manager –	Ms. Walden noted as a reminder the next Board Meeting is Tuesday,
November 14, 2023, the meeting was moved up a week because of the Holiday.

District Engineer –	No report. Construction Supervisor – No report. Landscape Supervisor –	No report. Irrigation Supervisor –	No report.

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

Mr. Tinetti had a few items he brought to the team to address:
The advertising signs in the grass
Silt fence around the lift station on Tavistock Lakes Blvd. looks horrible
There are still cones on the sidewalk on Tavistock Lakes Blvd. just east of Reymont Street The Berman team responded that those items will be addressed.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor the October 17, 2023, Meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

GREENEWAY IMPROVEMENT DISTRICT

Resolution 2024-01,
Adopting an Amended Budget for FY 2023

RESOLUTION 2024-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT ADOPTING AN AMENDED GENERAL FUND BUDGET FOR FISCAL YEAR 2022/2023, PROVIDING FOR APPROPRIATIONS; ADDRESSING CONFLICTS AND SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, on August 16, 2022, the Board of Supervisors of the Greeneway Improvement District (“Board”), adopted Resolution 2022-05 providing for the adoption of the District’s Fiscal Year 2022/2023 annual budget (“Budget”); and

WHEREAS, the District Manager, at the direction of the Board, has prepared an amended Budget, to reflect changes in the actual appropriations of the Budget; and

WHEREAS, Chapters 189 and 190, Florida Statutes, and Section 3 of Resolution 2022- 05 authorize the Board to amend the Budget during Fiscal Year 2022/2023 or within sixty (60) days following the end of the Fiscal Year 2022/2023; and

WHEREAS, the Board finds that it is in the best interest of the District and its landowners to amend the Budget to reflect the actual appropriations; and

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT:

BUDGET AMENDMENT.

The Board has reviewed the District Manager’s proposed amended Budget, copies of which are on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The amended Budget attached hereto as Exhibit A and incorporated herein by reference as further amended by the Board is hereby adopted in accordance with the provisions of Sections 190.008(2)(a) and 189.016(6), Florida Statutes; provided, however, that the comparative figures contained in the amended Budget as adopted by the Board (together, “Adopted Annual Budget”) may be further revised as deemed necessary by the District Manager to further reflect actual revenues and expenditures for Fiscal Year 2022/2023.

1

The Adopted Annual Budget shall be maintained in the office of the District Manager and the District Records Office and identified as “The Adopted Budget for the Greeneway Improvement District for the fiscal year ending September 30, 2023, as amended and adopted by the Board of Supervisors effective November 14, 2023.”

APPROPRIATIONS. There is hereby appropriated out of the revenues of the Greeneway Improvement District, for the fiscal year beginning October 1, 2022, and ending September 30, 2023, the sums set forth below, which sums are deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$		
DEBT SERVICE FUND	$		
TOTAL ALL FUNDS	$		

CONFLICTS. This Resolution is intended to amend, in part, Resolution 2022- 05, which remains in full force and effect except as otherwise provided herein. All terms of Resolution 2022-05 that are not amended by this Resolution apply to the Adopted Annual Budget as if those terms were fully set forth herein. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect as of November 14, 2023.

Introduced, considered favorably, and adopted this 14th day of November 2023.

ATTEST:	GREENEWAY IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Amended Fiscal Year 2022/2023 Budget

2

Exhibit A
Amended Fiscal Year 2022/2023 Budget

3

Greeneway Improvement District
FY 2023 Proposed Revised Budget

Actual Through		FY 2023 Sep. 2023	Adopted Budget

FY 2023
Proposed Revised Budget

Revenues			
On-Roll Assessments	$	513,754.92	$	511,881.70	 $	513,754.92 	
Off-Roll Assessments		11,918.48	11,918.30	11,918.48	
Carryforward Revenue		107,264.67	107,264.67		105,391.27 	
Net Revenues	$	632,938.07	
$	631,064.67	
$	631,064.67	
General & Administrative Expenses			
Legislative			
Supervisor Fees	$	5,600.00	$	12,000.00	$	12,000.00	
Financial & Administrative			
Public Officials' Liability Insurance		2,688.00	3,000.00	3,000.00	
Trustee Services		2,406.06	10,000.00	10,000.00	
Management		40,000.00	40,000.00	40,000.00	
Engineering		5,965.78	10,000.00	10,000.00	
Disclosure		5,000.00	5,000.00	5,000.00	
Property Appraiser		4,021.76	4,400.00	4,400.00	
District Counsel		20,653.19	30,000.00	30,000.00	
Assessment Administration		7,500.00	7,500.00	7,500.00	
Reamortization Schedules		-	250.00	250.00	
Audit		4,425.00	4,500.00	4,500.00	
Arbirtrage Calculation		5,000.00	500.00		5,000.00 	
Travel and Per Diem		100.84	150.00	150.00	
Telephone		-	25.00	25.00	
Postage & Shipping		21.20	500.00	100.00	
Copies		-	1,000.00	425.00	
Legal Advertising		3,075.75	4,500.00	4,500.00	
Bank Fees		2.00	360.00	360.00	
Miscellaneous		-	100.00	100.00	
Meeting Room		421.77	400.00	421.77	
Office Supplies		312.55	250.00	312.55	
Property Taxes		59.88	5,000.00	5,000.00	
Web Site Maintenance		3,120.00	2,900.00		3,120.00 	
Holiday Decorations		6,000.00	6,075.00	6,075.00	
Dues, Licenses, and Fees		175.00	250.00	250.00	
Total General & Administrative Expenses	$	116,548.78	
$	148,660.00	
$	152,489.32	

Page 1 of 2

Greeneway Improvement District
FY 2023 Proposed Revised Budget

Actual Through		FY 2023 Sep. 2023	Adopted Budget

FY 2023
Proposed Revised Budget

Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material Tree Trimming
Flower & Plant Replacement Contingency
Pest Control
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation Repairs
IME - Landscaping
IME - Landscape Improvements IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
Road & Street Facilities
Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting
Parks & Recreation
Personnel Leasing Agreement
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income

Total Other Income (Expense)

Net Income (Loss)

$	1,414.03	$	8,000.00	$	8,000.00	
	
23,829.57	10,000.00		23,829.57 	
	3,023.00	3,375.00	3,375.00
4,471.00	4,877.00		4,471.00 
-	100.00	100.00
6,446.70	34,100.00		30,100.00 
139,928.10	184,520.29	184,520.29
9,205.00	10,000.00	10,000.00
9,724.91	15,000.00	15,000.00
1,220.14	10,000.00		5,374.08 
4,912.50	5,200.00	5,200.00	
	
2,404.80	2,544.00	2,544.00
2,180.88	2,400.00	2,400.00
66,097.44	66,097.44	66,097.44
9,600.00	9,600.00	9,600.00
593.76	960.00	960.00
568.80	4,800.00	4,800.00
746.53	1,200.00	1,200.00	
	500.00	1,860.00	692.39
1,320.00	4,960.00	1,320.00
83,778.70	67,000.00	83,778.70
-	1,240.00	1,240.00	
	
22,319.88	22,320.00	22,320.00	

$	.
11,000.00	11,000.00	11,000.00
1,950.94	1,950.94	1,950.94
 
407,236.68	$	483,104.67	$	499,873.41	
$	 
523,785.46	$	631,764.67	$	652,362.73	

$	
109,152.61	$	(700.00)	$	(21,298.06)	

$	
21,298.06	$	700.00	 $	21,298.06 	
$	 
21,298.06	$	700.00	$	21,298.06	

 	
$	130,450.67	$	-	$	-	

Page 2 of 2

GREENEWAY IMPROVEMENT DISTRICT

Non-Ad Valorem Assessment Administration Agreement

NON-AD VALOREM ASSESSMENT  ADMINISTRATION AGREEMENT

An AGREEMENT made this 1st day of October 2023 between AMY MERCADO as Orange County Property Appraiser (Property Appraiser) and, Greeneway CDD (Taxing Authority), and is effective upon acceptance by both parties and through, September 30, 2024.

The Taxing Authority desires to use the services of the Property Appraiser to maintain non-ad valorem assessments on the tax roll and the Property Appraiser is prepared to do so, on behalf of the Taxing Authority. Each party represents that it has satisfied all conditions precedent to enter into this agreement.

The Property Appraiser agrees to perform the following service for the Taxing Authority:

Create a Non-Ad Valorem Assessment Roll for the Taxing Authority for the 2024 tax roll year using data provided annually to the Property Appraiser's Office by the Taxing Authority per attached Calendar for Implementation of Non- Ad Valorem Assessment Roll.

Provide the Taxing Authority with a data file in a compatible format on or before April 1, containing all parcels within the boundaries of the Taxing Authority to be used for the Taxing Authority's planning purposes in establishing its non-ad valorem assessments.

Receive from the Taxing Authority its proposed or adopted non-ad valorem assessment levy for each type of property and apply that amount to each parcel of real property as stipulated by Taxing Authority.

	Include the Taxing Authority's non-ad valorem assessments on the Notice of Proposed Property Taxes and Proposed or Adopted Non-Ad Valorem Assessments mailed to all property owners in August of each year.

Receive from the Taxing Authority, corrections or changes to the roll and update the Non-Ad Valorem Assessment Roll for tax bills on or before September 15 of each year, the statutory deadline for certification of non-ad valorem assessments.

Deliver the Taxing Authority's Non-Ad Valorem Assessment Roll to the Orange County Tax Collector's Office so that tax bills mailed on or about November 1 will include the Taxing Authority's non-ad valorem assessment levies.

Taxing Authority agrees to perform the following acts in connection with this agreement:

	Advise the property owners within the Taxing Authority in an appropriate and lawful manner of the Taxing Authority's intention to utilize the Uniform non- ad valorem assessment method described in Sections 197.3631 through 197.3635, Florida Statutes, and any other applicable Florida statute, and carry out its responsibilities under said sections.

Timely provide the Property Appraiser with information required to prepare the Uniform Non-Ad Valorem Assessment Roll per the Calendar for Implementation of Non-Ad Valorem Assessment Roll.

	Advise the property owners within the Taxing Authority as appropriate that the Property Appraiser's office is acting in a ministerial capacity for the Taxing Authority in connection with the non-ad valorem assessments.

Preparation and delivery of certificate of corrections directly to Tax Collector, with copy to Property Appraiser, for any corrections to a certified final tax roll.

	The Taxing Authority shall use its best efforts in furnishing the Property Appraiser with up-to-date and accurate data concerning its boundaries, proposed assessments, and other information as requested from time to time by the Property Appraiser and necessary to facilitate his making the assessment in question. The Property Appraiser shall, using the information provided by the Taxing Authority, place the district's non-ad valorem assessments, as made from time to time and certified to him, on properties within the district.

The Property Appraiser shall be compensated by the Taxing Authority for the administrative costs incurred in carrying out this Agreement. These costs include, but are not limited to labor, printing, forms, office supplies, computer equipment usage, postage, programming, or any other associated costs.

On 1st day of October of each applicable year, the administrative fee will be invoiced to the Taxing Authority equivalent to iQ per parcel assessed with a non-ad valorem tax. Parcel counts supporting the invoiced fee will be determined based upon the most current certified non-ad valorem assessment roll. Any new assessments added to the tax roll that were not previously certified and invoiced an administrative fee, will be separately invoiced on or around July 15 and prior to mailing of the Notice of Proposed Property Taxes in August.

The specific duties to be performed under this agreement and their respective timeframes are contained in the Calendar for Implementation of Non-Ad Valorem Assessment Roll, which is incorporated herein by reference.

This agreement constitutes the entire agreement between the parties and can only be modified in writing and signed by both parties.

All parts of this Agreement not held unenforceable for any reason shall be given full force and effect.

All communications required by this agreement shall be in writing and sent by first class mail, email, or facsimile to the other party.

Notices to the Taxing Authority shall be addressed to:

Greeneway CDD Amanda Lane
PFM Group Consulting LLC 3501 Quadrangle Blvd., Ste. 270
Orlando, FL 32817 LaneA@pfm.com (407)723-5900

Notices to the Property Appraiser shall be addressed to:

Carmen Crespo, Director, Accounting and Finance Orange County Property Appraiser
200 S. Orange Ave., Suite 1700
Orlando, FL 32801 ccrespo@ocpafl.org
(407) 836-5353

TERMINATION. This Agreement may be terminated by either party upon written notice. Property Appraiser will perform no further work after the written termination notice is received.

TERM. This Agreement shall continue until such time as either party terminates the Agreement pursuant to Paragraph 11, above.

GOVERNING LAW; VENUE. This Agreement shall be governed by the laws of the State of Florida. Any action to interpret or enforce any provision of this Agreement shall be brought in the State and Federal courts for Orange County, Florida.

ORANGE COUNTY PROPERTY APPRAISER

Signed 	
AMY MERCADO, MBA

Date		

GREENEW?fi/		�
Name	/L��

Signed	e. CJ/t,ro
Date	4 --c1lO S

G'(/(

CALENDAR FOR IMPLEMENTATION OF NON-AD VALOREM ASSESSMENTS

On or about April 1st, Property Appraiser to provide the Taxing Authority with an electronic file that includes parcel ID and any other information applicable or requested. Taxing Authority may request this file at any time after January 1st, but must understand that many splits/ combos, annexations, etc., may not be reflected early in the tax year and subsequent files may be necessary. If any additional information is required at any time by Taxing Authority, it should be requested of the Property Appraiser by Taxing Authority, allowing for a reasonable turnaround time. The file shall be in an ascii file, text or excel file, unless another format is requested and agreed upon between parties.

June 1

Property Appraiser distributes Best Estimate of Taxable Value to all Taxing Authorities.

July 1

Property Appraiser certifies Preliminary tax roll to all taxing authorities.
Taxing Authority reviews all assessments and provides final approval for Notice of Proposed Property Taxes (TRIM)

July 15

	Property Appraiser to invoice Administrative Fee for new parcels, if any, assessed and in excess of prior year certified non-ad valorem assessment roll parcel count.

August 4

The Taxing Authority adopts its proposed millage rate and submits to the Property Appraiser for TRIM.

August 24

Last day Property Appraiser can mail TRIM notices to all property owners on the tax roll.

September 3 - October 3

Taxing Authority holds initial and final public budget hearing.

September 15

Taxing Authority certifies final non-ad valorem assessment roll to Property Appraiser on or before September 15 with any changes, additions, or deletions to the non-ad valorem assessment roll since the TRIM notices.

October

	Property Appraiser to mail Non-Ad Valorem Assessment Administration Agreement and invoice for non­ ad valorem assessment processing for subsequent tax roll, based upon most recent certified non-ad valorem assessment roll parcel count.
	Property Appraiser delivers the Taxing Authority non-ad valorem assessment roll to the Tax Collector for collection of taxes on November 1 tax bills.

GREENEWAY IMPROVEMENT DISTRICT

Operation & Maintenance Expenditures Paid in October 2023 in an amount totaling $50,015.03

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 October 1, 2023 through October 31, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:    $50,015.03

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Greeneway Improvement District AP Check Register (Current by Bank) Check Dates: 10/1/2023 to 10/31/2023

Check No.	Date	Status*	Vendor ID	Payee Name	Amount

BANK ID: SUN - CIT% NATIONAL BANK

((1-1(1-((((-((-(1

) *
) 
) .
) 
) 7
).0
).1
).2
).3
).)
).*
). 
)..	10/1 /23
10/1 /23
10/1 /23
10/1 /23
10/1 /23
10/2*/23
10/2*/23
10/2./23
10/2./23
10/2./23
10/2./23
10/2./23
10/2./23	"$' D23 C P4 5C 651'
9R8'96 B6R A3
<89A< AA1<13 B"$' D62
<89A< 4RA3< "5$2BA	Bright"ie# $an%sca&e 'er(ices Dona/% 0- c1ntosh Associates P4 5rou& Consu/ting
6gis 1nsurance A%(isors $$C
8' Bank as 9rustee :or 5reene# er;an Construction $$C
<utak Rock A;an%a Aikins
Bright"ie# $an%sca&e 'er(ices De&t- o: 6cono;ic 2&&ortunity
<utak Rock atthe# 4ranko "5/oba/9ech	

BANK SUN REGISTER TOTAL:

GRAND TOTAL :	+*, 0 -.2
+2* -*2
+1,2*0-00
+1),172-00
+20,107-)2
+1, *7-77
+1,.02-7*
+200-00
+),.70-2 
+1.*-00
+3,)01-00
+200-00
+*.0-00

$54,515.86

$54,515.86	

* 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 #598
9/29/2023

Item
No.	Payee	Invoice
Number	General
Fund	

1	
BrightView Landscape Services			
	Turf Replacement in Front of 7912	8597548	$	1,163.00	
	Turf Replacement in Island at Stodart	8597549	$	1,163.00	
	lxora Replacement With Mexican Petunia	8597550	$	774.75	
	Thryallis Replacement With Bush Allamanda	8597551	$	883.50	
	September Irrigation Repairs	8597552	$	472.46	
	Irrigation Repairs	8614079	$	1,350.01	
2	Donald W McIntosh Associates			
	Engineering Services Through 09/08/2023	44758	$	258.52	
3	PFM Group Consulting			
	Series 2013 Quarterly Disclosure Through 09/30/2023	126950	$	1,250.00	

TOTAL	$	7,315.24

& t!Jfriw	
Ly/Assistant Secretary	Chairperson

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

RECEIVED	l

Clgitatl.\''$i_gned by Ca ,
'founo ON: C::IJS
9

[ By Amanda Lane at 9:18 am, Oct 11, 2023
--

Daniel J. Young: ::; ";	:i:

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #599
10/6/2023

Item No.	Payee	Invoice Number	General Fund	Fiscal Year	
1	Berman Construction				
	October Administrator & Irrigation Specialist	39471	$	1,859.99		
2	Boggy Creek Improvement District
September ICM Expenses	
ICM2023-12	
$	6,541.70	
FY 2023	
3	Egis Insurance & Risk Advisors				
	FY 2024 Insurance	20361	$	14,192.00	fY2024	
4	Kutak Rock				
	General Counsel Through 08/31/2023	3283554	$	1,702.95	FY2023	
5	ouc				
	Acct: 8795843030 ; Service 09/05/2023 - 10/03/2023		$	8,691.06	FY2023	

TOTAL	$	32,987.70

16,935.71
16,051.99

FY 2023
FY-2024

Chairperson

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

[ RECEIVED

DigitallyQfled tly Dani, Yaung

:t:,

l

ON< C=US,
Daniel J. Young
Co CN=D;,niel J Your Da ; 2023.10 16

By Amanda Lane at 9:02 am, Oct 20, 2023

08 56 11-04'00'

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #600

10/20/2023		
Item	Payee	Invoice	General	Fiscal		
No.		Number	Fund	Year		
1	Brightview Landscape Services					
	Plant Replacements	8641109	$	4,790.26		FY 2024		
2	Florida Department of Economic Opportunity					
	FY 2024 Annual Fee	88650	$	175.00		FY2024		
3	Kutak Rock					
	General Counsel Through 09/30/2023	3295633	$	3,401.00	FY2023		
4	Orange County Utilities					
	9987 Laureate Blvd ; Service 09/16/2023 - 09/30/2023	Acct: 6838006489	$	250.15	FY 2023		
	9987 Laureate Blvd ; Service 10/01/2023 - 10/16/2023	Acct: 6838006489	$	270.99		F.Y2024		
5	Supervisor Fees - 10/17/2023 Meeting					
	Amanda Kost Aikins		$	200.00	F'(,2024		
	Matthew Franko		$	200.00		FY2024		
6	VGlobalTech				
	August Website Maintenance	5272	$	135.00	FY 2023	
	September Website Maintenance	5350	$	135.00	FY 2023	
	03 ADA Audit	5489	$	300.00	FY 2023	

TOTAL	$	9,857.40

4,221.15
5,636.25

/Assistant Secretary

Chairperson

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

[RECEIVED

Digitally signed by Daniel Young

l

ON: C=US.
Daniel J. Young  ;,  f= :  :;

By Amanda Lane at 3:54 pm, Oct 26, 2023
---

Co CN=Oanie\ J Young Date 2023 10 26

GREENEWAY IMPROVEMENT DISTRICT

Requisition No. (Series 2023) 15 – 18 Paid in October 2023 in an amount totaling
$743.35

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 October 1, 2023 through October 31, 2023. This does not include requisitions previously approved by the Board.

REQUISITION NO.
(Series 2023)
15	PAYEE

Donald W. McIntosh Associates	AMOUNT

$446.95	
16
17
18	Boggy Creek Improvement District Kutak Rock (voided)
Donald W. McIntosh Associates	$58.90
$0.00
$237.50	
		$743.35	

EXHIBIT A FORM OF REQUISITION

The undersigned, an Authorized Officer of Greeneway Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Amended and Restated Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Orlando, Florida, as trustee (the "Trustee"), dated as of May 1, 2023 (the "Master Indenture"), as amended and supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of May 1, 2023 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 15

Name of Payee: Donald W McIntosh Associates

Amount Payable: $446.95

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

Invoice 44757 for Project 23216 (Lake Nona Greeneway) Through 09/08/2023

Fund, Account and/or subaccount from which disbursement is to be made:

The undersigned hereby certifies that [obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Series 2023 Acquisition and Construction Account and the subaccount, if any, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Series 2023 Project and each represents a Cost of the Series 2023 Project, and has not previously been paid] OR [this requisition is for costs of issuance payable from the Costs of Issuance Account that has not previously been paid].

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.

l

GID Series 2023 Req 15: Donald W McIntosh Associates	September 29, 2023	Page 1 of 2

[ RECEIVED
By Amanda Lane at 3:45 pm, Oct 02, 2023

Originals or copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested are on file with the District.

Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY

tf this requisition is for a disbursement from other than the Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Series 2023 Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Series 2023 Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer attached as an Exhibit to the First Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

l

GID Series 2023 Req 15: Donald W McIntosh Associates	September 29, 2023	Page 2 of 2

[ RECEIVED
By Amanda Lane at 3:45 pm, Oct 02, 2023

EXHIBIT A
FORM OF REQUISITION

The undersigned, an Authorized Officer of Greeneway Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Amended and Restated Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Orlando, Florida, as trustee (the "Trustee"}, dated as of May 1, 2023 (the "Master Indenture"), as amended and supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of May 1, 2023 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 16

Name of Payee: Boggy Creek Improvement District

Amount Payable: $58.90

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

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 2013 Construction Funds Requisition 430 (Reference OSC80865573 ; Ad: 7506228)

Fund, Account and/or subaccount from which disbursement is to be made:

The undersigned hereby certifies that [obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Series 2023 Acquisition and Construction Account and the subaccount, if any, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Series 2023 Project and each represents a Cost of the Series 2023 Project, and has not previously been paid] OR [this requisition is for costs of issuance payable from the Costs of Issuance Account that has not previously been paid].

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.

[	l

GID Series 2023 Req 16: Boggy Creek Improvement District	October 20, 2023	Page 1 of 2

RECEIVED
By Amanda Lane at 2:34 pm, Oct 25, 2023
·--

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.

Originals or copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested are on file with the District.

GREENEWA Y IMPROVEMENT DISTRICT

Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY

If this requisition is for a disbursement from other than the Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Series 2023 Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Series 2023 Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer attached as an Exhibit to the First Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

Consulting i'fn n6/rJS-J. Newton, PE

I. I

[	l

GID Series 2023 Req 16: Boggy Creek Improvement District	October 20, 2023	Page 2 of 2

RECEIVED
By Amanda Lane at 2:34 pm, Oct 25, 2023
·--

EXHIBIT A
FORM OF REQUISITION

The undersigned, an Authorized Officer of Greeneway Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Amended and Restated Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Orlando, Florida, as trustee (the "Trustee"), dated as of May 1, 2023 (the "Master Indenture"), as amended and supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of May 1, 2023 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):

Requisition Number: 18

Name of Payee: Donald W McIntosh Associates

Amount Payable: $237.50

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

Invoice 44886 for Project 23216 (Lake Nona Greeneway) Through 10/06/2023

Fund, Account and/or subaccount from which disbursement is to be made:

The undersigned hereby certifies that [obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Series 2023 Acquisition and Construction Account and the subaccount, if any, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Series 2023 Project and each represents a Cost of the Series 2023 Project, and has not previously been paid] OR [this requisition is for costs of issuance payable from the Costs of Issuance Account that has not previously been paid].

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.

[	l

CID Series 2023 Req 18: Donald W McIntosh Associates	October 27, 2023	Page 1 of2

RECEIVED
By Amanda Lane at 3:05 pm, Oct 27, 2023
·-

Originals or copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested are on file with the District.

GRE#WAY IMPROVEMENT DISTRICT
/(	-	

Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY

If this requisition is for a disbursement from other than the Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Series 2023 Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Series 2023 Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer attached as an Exhibit to the First Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

J

[	l

GID Series 2023 Req 18: Donald W McIntosh Associates	October 27, 2023	Page 2 of 2

RECEIVED
By Amanda Lane at 3:05 pm, Oct 27, 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 10/31/2023

General Fund	Debt Service		Capital Projects Fund	
	
Assets			

$159,562.18				
1,616.77				
523,801.73				
1,625.58				
98,633.82				
26,048.68				
	$2,268,762.85			
	226,876.43			
	20,331.10			
	206,701.03			
	558,882.07			
	0.01			
			$7,076.94	
			0.02	
			980,850.65	
			10,160.46	
$811,288.76	$3,281,553.49		$998,088.07	
$0.00	$0.00		$0.00	
$811,288.76	$3,281,553.49		$998,088.07	

General Long- Term Debt		Total	

$0.00		

$159,562.18
1,616.77
523,801.73
1,625.58
98,633.82
26,048.68
2,268,762.85
226,876.43
20,331.10
206,701.03
558,882.07
0.01
7,076.94
0.02
980,850.65
10,160.46
$5,090,930.32	

$1,012,790.64 30,542,209.36
$31,555,000.00		
$1,012,790.64 30,542,209.36
$31,555,000.00	
$31,555,000.00		$36,645,930.32	

Current Assets
General Checking Account State Board of Administration Assessments Receivable Deposits
Infrastructure Capital Reserve Interchange Maintenance Reserve Assessments Receivable
Debt Service Reserve (Series 2023) Revenue (Series 2013)
Revenue (Series 2023)
Interest (Series 2023)
Prepayment (Series 2023) General Checking Account
Acquisition/Construction (Series 2013)
Acquisition/Construction (Series 2023) Cost of Issuance (Series 2023)
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		

$19,492.19 15,746.82
523,801.73
2,268,762.85
$2,827,803.59	

$31,555,000.00
$31,555,000.00		
$31,555,000.00
$31,555,000.00	
$31,555,000.00		$34,382,803.59	

$0.00		

$297,585.07 (45,337.05)
1,012,790.64
0.00

998,146.88
(58.81)

$2,263,126.73	
			
$31,555,000.00		$36,645,930.32	

Statement of Financial Position As of 10/31/2023

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
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets

General Fund	Debt Service

Liabilities and Net Assets

15,746.82
523,801.73

$559,040.74		

$2,268,762.85
$2,268,762.85		

$0.00	
$0.00		$0.00		$0.00	
$559,040.74		$2,268,762.85		$0.00	

$297,585.07 (45,337.05)

$252,248.02		

$1,012,790.64
0.00

$1,012,790.64		

$998,146.88
(58.81)

$998,088.07	
					
$811,288.76		$3,281,553.49		$998,088.07	

$19,492.19

Capital Projects Fund

Page 2 of 2

Greeneway Improvement District
Statement of Activities As of 10/31/2023

General Fund	Debt Service	Capital Projects
Fund

General Long- Term Debt

Total

Revenues

Total Revenues	$0.00	$0.00	$0.00	$0.00	$0.00

Expenses

Supervisor Fees	$400.00								$400.00	
Public Officials' Liability Insurance	2,782.00								2,782.00	
Management	3,666.67								3,666.67	
Dues, Licenses, and Fees	175.00								175.00	
Water Reclaimed	270.99								270.99	
General Insurance	3,129.00								3,129.00	
Property & Casualty	8,281.00								8,281.00	
Flower & Plant Replacement	4,790.26								4,790.26	
IME - Aquatics Maintenance	200.40								200.40	
IME - Landscaping	5,742.50								5,742.50	
Hardscape Maintenance	14,060.00								14,060.00	
Personnel Leasing Agreement	1,859.99								1,859.99	
Legal Advertising					$58.90				58.90	
Total Expenses	$45,357.81		$0.00		$58.90		$0.00		$45,416.71	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$20.76								$20.76	
Interest Income					$0.09				0.09	
Total Other Revenues (Expenses) & Gains (Losses)	$20.76		$0.00		$0.09		$0.00		$20.85	
Change In Net Assets	($45,337.05)		$0.00		($58.81)		$0.00		($45,395.86)	

Net Assets At Beginning Of Year	
$297,585.07		
$1,012,790.64		
$998,146.88		
$0.00		
$2,308,522.59	

Net Assets At End Of Year	
$252,248.02		
$1,012,790.64		
$998,088.07		
$0.00		
$2,263,126.73	

Page 1 of 1

Greeneway Improvement District	
Budget to Actual	
For the Month Ending 10/31/2023	

Actual				

Budget		

Variance		
FY 2024
Adopted Budget		
Percentage Spent	

Revenues												
On-Roll Assessments	$	-		$	42,656.81		$	(42,656.81)		$	511,881.70		0.00%	
Off-Roll Assessments		-			993.19		(993.19)		11,918.30		0.00%	
Carryforward Revenue	8,895.44			8,895.44		-		106,745.23		8.33%	
Net Revenues	$	8,895.44		$	52,545.44		$	(43,650.00)		$	630,545.23		1.41%	
General & Administrative Expenses												
Legislative												
Supervisor Fees	$	400.00		$	1,000.00		$	(600.00)		$	12,000.00		3.33%	
Financial & Administrative												
Public Officials' Liability Insurance	2,782.00			250.00		2,532.00		3,000.00		92.73%	
Trustee Services		-			416.67		(416.67)		5,000.00		0.00%	
Management	3,666.67			3,666.67		-		44,000.00		8.33%	
Engineering		-			833.33		(833.33)		10,000.00		0.00%	
Disclosure		-			83.33		(83.33)		1,000.00		0.00%	
Property Appraiser		-			366.67		(366.67)		4,400.00		0.00%	
District Counsel		-			2,500.00		(2,500.00)		30,000.00		0.00%	
Assessment Administration		-			625.00		(625.00)		7,500.00		0.00%	
Reamortization Schedules		-			20.83		(20.83)		250.00		0.00%	
Audit		-			375.00		(375.00)		4,500.00		0.00%	
Arbirtrage Calculation		-			41.67		(41.67)		500.00		0.00%	
Travel and Per Diem		-			12.50		(12.50)		150.00		0.00%	
Telephone		-			2.08		(2.08)		25.00		0.00%	
Postage & Shipping		-			41.67		(41.67)		500.00		0.00%	
Copies		-			83.33		(83.33)		1,000.00		0.00%	
Legal Advertising		-			375.00		(375.00)		4,500.00		0.00%	
Bank Fees		-			30.00		(30.00)		360.00		0.00%	
Miscellaneous		-			8.34		(8.34)		100.00		0.00%	
Meeting Room		-			66.67		(66.67)		800.00		0.00%	
Office Supplies		-			22.50		(22.50)		270.00		0.00%	
Property Taxes		-			8.33		(8.33)		100.00		0.00%	
Web Site Maintenance		-			241.67		(241.67)		2,900.00		0.00%	
Holiday Decorations		-			500.00		(500.00)		6,000.00		0.00%	
Dues, Licenses, and Fees	175.00			20.83		154.17		250.00		70.00%	
Total General & Administrative Expenses	$	7,023.67		$	11,592.09		$	(4,568.42)		$	139,105.00		5.05%	

Page 1 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 10/31/2023	

Actual			

Budget			

Variance	
FY 2024
Adopted Budget		
Percentage Spent	
Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services	

$	

-		

$	

416.67		

$	

(416.67)	

$	5,000.00		

0.00%	
Water Reclaimed		270.99			1,666.67			(1,395.68)			20,000.00		1.35%	
Other Physical Environment														
General Insurance		3,129.00			283.33			2,845.67			3,400.00		92.03%	
Property & Casualty Insurance		8,281.00			575.00			7,706.00			6,900.00		120.01%	
Other Insurance		-			8.33			(8.33)			100.00		0.00%	
Irrigation Repairs		-			2,083.33			(2,083.33)			25,000.00		0.00%	
Landscaping Maintenance & Material		-			15,376.69			(15,376.69)			184,520.29		0.00%	
Tree Trimming		-			1,041.67			(1,041.67)			12,500.00		0.00%	
Flower & Plant Replacement		4,790.26			1,250.00			3,540.26			15,000.00		31.94%	
Contingency		-			756.25			(756.25)			9,075.00		0.00%	
Pest Control		-			433.33			(433.33)			5,200.00		0.00%	
Interchange Maintenance Expenses														
IME - Aquatics Maintenance		200.40			212.00			(11.60)			2,544.00		7.88%	
IME - Irrigation Repairs		-			200.00			(200.00)			2,400.00		0.00%	
IME - Landscaping		5,742.50			5,742.50			-			68,910.00		8.33%	
IME - Landscape Improvements		-			800.00			(800.00)			9,600.00		0.00%	
IME - Lighting		-			80.00			(80.00)			960.00		0.00%	
IME - Miscellaneous		-			400.00			(400.00)			4,800.00		0.00%	
IME - Water Reclaimed		-			100.00			(100.00)			1,200.00		0.00%	
Road & Street Facilities														
Entry and Wall Maintenance		-			155.00			(155.00)			1,860.00		0.00%	
Hardscape Maintenance		14,060.00			413.33			13,646.67			4,960.00		283.47%	
Streetlights		-			6,250.00			(6,250.00)			75,000.00		0.00%	
Accent Lighting		-			103.33			(103.33)			1,240.00		0.00%	
Parks & Recreation														
Personnel Leasing Agreement		1,859.99			1,860.00			(0.01)			22,320.00		8.33%	
Reserves											.			
Infrastructure Capital Reserve		-			916.67			(916.67)			11,000.00		0.00%	
Interchange Maintenance Reserve		-			162.58			(162.58)			1,950.94		0.00%	
	$	38,334.14		$	41,286.68		$	(2,952.54)	$	495,440.23		7.74%	
Total Expenses	$	45,357.81		$	52,878.77		$	(7,520.96)	
$	634,545.23		7.15%	

Income (Loss) from Operations	
$	
(36,462.37)		
$	
(333.33)		
$	
(36,129.04)		
$	
(4,000.00)			

Other Income (Expense)
Interest Income	

$	20.76		

$	

333.33		

$	

(312.57)	

$	4,000.00		

0.52%	
Total Other Income (Expense)	$	20.76		$	333.33		$	(312.57)	
$	4,000.00		0.52%	
											
Net Income (Loss)	$	(36,441.61)		$	-		$	(36,441.61)		$	-			

Page 2 of 2

Greeneway Improvement District Cash Flow

FY 2023 Inflows	FY 2023 Outflows	FY 2024 Inflows	FY 2024 Outflows	End. Cash	

1.80	
(21,190.33)	
-	
-	
104,176.66		
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		
144,326.46	(47,106.92)	-	-	523,517.76		
82,846.95	(221,759.58)	-	-	384,605.13		
54,560.90	(89,522.55)	-	-	349,643.48		
62,741.23	(29,363.46)	-	-	383,021.25		
15,052.35	(84,389.25)	-	-	313,684.35		
95,040.13	(153,665.06)	-	-	255,059.42		
8,962.01	(58,371.78)	-	-	205,649.65		
24,034.25	(48,707.20)	2.73	(21,417.25)	159,562.18		
-	(250.15)	-	(270.99)	159,041.04	as of 11/08/2023	

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	
4/1/2023	523,517.76	
5/1/2023	384,605.13	
6/1/2023	349,643.48	
7/1/2023	383,021.25	
8/1/2023	313,684.35	
9/1/2023	255,059.42	
10/1/2023	205,649.65	
11/1/2023	159,562.18	

Totals	3,267,289.24	(3,217,991.95)	2.73	(21,688.24)

Greeneway Improvement District Construction Tracking - mid-November

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
797,677.71
(49,497,677.71)
==========
-	
Series 2013 Construction Funds Remaining	$	-	

Series 2018 Bond Issue
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month	
$	
6,365,794.66
(6,365,794.66)	
Series 2018 Construction Funds Remaining	$	-	

Series 2023 Bond Issue
Original Construction Fund
Additions (Interest, Transfers from DSR, etc.) Cumulative Draws Through Prior Month

Construction Funds Available Requisitions As Yet Unpaid
Total Requisitions This Month	
$

$

$	
1,400,000.00
22,785.54
(437,477.35)
==========
985,308.19

==========
-	
Series 2023 Construction Funds Remaining	$	985,308.19	

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

Net Uncommitted	985,308.19