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, December 12, 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: pfmcdd.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 November 14, 2023, Board of Supervisors’ Meeting

Business Matters
Notice of Construction Committee Member Resignation
Ratification of Operation and Maintenance Expenditures Paid in November 2023 in an amount totaling $46,558.02
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 November 14, 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, November 14, 2023, at 2:31 p.m. at 6900 Tavistock Lakes Blvd., Ste 200, Orlando, FL 32827.

Present:			
Chad Tinetti	Chairperson		
Matthew Franko	Assistant Secretary		
Amanda Kost	Assistant Secretary	(via phone)	
Antoinette Munroe	Assistant Secretary		
Also attending:			
Jennifer Walden	PFM		
Lynne Mullins	PFM		
Jorge Jimenez	PFM	(via phone)	
Amanda Lane	PFM	(via phone)	
Jeffrey Newton	Donald W. McIntosh Associates	(via phone)	
Tucker Mackie	Kutak Rock	(via phone)	
Samantha Sharenow	Berman	(via phone)	
Dan Young	Tavistock	joined at 2:32 p.m.	
DJ Batten	Berman	(via phone)	

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 October 17, 2023, Board of Supervisors’ Meeting

The Board reviewed the minutes of the October 17, 2023, Board of Supervisors’ Meeting.

On motion by Ms. Munroe, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Minutes of the October 17, 2023, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2024-01, Adopting an Amended Budget for FY 2023

Ms. Walden stated this is a cleanup item for the auditors as the District did go over the $15,000.00 threshold per the Budget Resolution for one of the line items. She noted the changes are highlighted, and the amended budget is an exhibit to this Resolution.

On motion by Ms. Munroe, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved Resolution 2024-01, Adopting an Amended Budget for FY 2023.

FIFTH ORDER OF BUSINESS	Ratification of Non-Ad Valorem Assessment Administration Agreement

Ms. Walden stated this is an annual agreement with the Property Appraiser for the District to go on roll. She noted to meet the required deadline the Chair executed this outside of a meeting.

On motion by Mr. Franko, seconded by Ms. Munroe, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Non-Ad Valorem Assessment Administration Agreement.

SIXTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in October 2023 in an amount totaling
$50,015.03

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

On motion by Mr. Franko, seconded by Ms. Munroe, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures paid in October 2023 in an amount totaling $50,015.03.

SEVENTH ORDER OF BUSINESS	Ratification of Requisition No. (Series	
	2023) 15 – 18 Paid in October 2023 in	
	an amount totaling $743.35	
The Board reviewed Requisition No. (Series 2023) 15 – 18.	

On motion by Mr. Franko, seconded by Ms. Munroe, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. (Series 2023) 15 – 18 paid in October 2023 in an amount totaling $743.35.

EIGHTH ORDER OF BUSINESS	Recommendation of Work	
	Authorizations/Proposed Services	
Ms. Walden noted there were no Work Authorizations.	

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

The Board reviewed the District’s Financial Statements through October 2023. Ms. Walden noted that this is the start of Fiscal Year 2024 and the District has spent roughly $45,000.00 versus a budget of
$634,000.00. That equates to approximately 7% of the total budget spent.

TENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.

District Manager –	Ms. Walden noted the next Board Meeting is Tuesday, December 12,
2023.

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

ELEVENTH ORDER OF BUSINESS	Supervisor Requests

Ms. Munroe stated stop signs are being ran on Nemours Parkway and asked if anything can be done about bringing attention to those stop signs with flashing lights. Mr. Young replied that those items will need to be addressed with the City.

Mr. Franko asked about the oak tree that was hit and when will it be replaced. Mr. Batten replied that replacement will be completed before the end of the month.

TWELFTH ORDER OF BUSINESS	Adjournment

On motion by Ms. Munroe, seconded by Mr. Franko, with all in favor the November 14, 2023, Meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

GREENEWAY IMPROVEMENT DISTRICT

Notice of Construction Committee Member Resignation

November 3, 2023

Lake Nona Family of Districts C/O PFM Consulting LLC.
3501 Quadrangle Blvd, STE 270
Orlando, FL 32817

To Whom it May Concern:

Please accept this letter as formal notification of my resignation from my position on the Construction Committee for the Lake Nona Family of Districts. My last day of work will be November 3, 2023 and appreciate the opportunities provided during my time here.

Thank you,

Matthew McDermott

GREENEWAY IMPROVEMENT DISTRICT

Operation & Maintenance Expenditures Paid in November 2023 in an amount totaling $46,558.02

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 November 1, 2023 through November 30, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:    $46,558.02

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Greeneway Improvement District AP Check Register (Current by Bank) Check Dates: 11/1/2023 to 11/30/2023

Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: SUN - CIT% NATIONAL BANK	001-101-0000-00-01	
%	11 1 /23	 	B*R A+	Ber#an Construction $$C		&1 '0(0)00	
3 0	11 1 /23	 	D1+ C	Dona,- .) c/ntosh Associates		&0 3) 	
%0	11 1 /23	 	1R$2	1r,an-o 2entine,		&2 0) 0	
%1	11 1 /23	 	P3 4C	P3 4rou5 Consu,ting		&3'(( )30	
%2	11 1 /23	 	64$1BA	64,oba,7ech		& 0)00	
%3	11 2%/23	 	B*R A+	Ber#an Construction $$C		&1'% 0)00	
					BANK SUN REGISTER TOTAL:	$21,350.54	
					GRAND TOTAL :	$21,350.54	

* 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 #601

10/27/2023		
Item No.	Payee	Invoice Number	General Fund	Fiscal Year	

1	
Berman Construction			

	Sidewalk Flag Repair	40002	$	1,650.00	FY2024	
	Asphalt & Sidewalk Flag Repair	40023	$	12,410.00	FY2024		
2	Donald W McIntosh Associates
Engineering Services Through 10/06/2023	
44887	
$	943.75	

FY 2023	
3	PFM Group Consulting			

	OM Fee: October 2023	DM-10-2023-17	$	3,666.67	l<Y2024-	
	September Reimbursables	OE-EXP-10-2023-19	$	0.63	FY 2023	
4	VGlobalTech
Q2 ADA Audit	
5182	
$	300.00	

FY2023	

TOTAL	$	18,971.05		
	1,244.38	FY 2023	
	17,726.67	P(,2024	

/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

Oigital)ysig_ned byOan1elJ

ON: C==US,

Young •

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Daniel J Young t :..."'.:&
C  (:N-.0,nitlJ 'foi,no
Date: 20Z3 1031
12:S1!4Q:04'00'

By Amanda Lane at 1:25 pm, Nov 13, 2023

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #602
11/3/2023

Item No.	Payee	Invoice Number	General Fund	Fiscal Year	
1	Berman Construction				
	November Administrator & Irrigation Specialist	40408	$	1,859.99	FY 2024	
2	Boggy Creek Improvement District				
	September (2) ICM Expenses	ICM2023-12(2)	$	9,803.92	FY 2023	
	October ICM Expenses	ICM2024-01	$	5,942.90	FY 2024	
3	Orange County Tax Collector				
	Acct: 0623640-0		$	59.88	FY2024	
4	Orlando Sentinel				
	Legal Advertising on 10/09/2023 (Ad: 7506898)	OSC81231868	$	249.50	FY 2024	
5	VGlobalTech				
	October Website Maintenance	5478	$	135.00	FY. 2024	
	November Website Maintenance	5553	$	135.00	FY 2024	

TOTAL	$	18,186.19		
	9,803.92	FY 2023	
	8,382.27	FY 2024	

Jll

f. /,c)cJJ.
(	fj
ecretary/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

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'f IU'lliJ

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Daniel J. Young
CM,i nielJ,'Young
D.1111:2023,1,l:07 14:1939-05'00'

By Amanda Lane at 1:25 pm, Nov 13, 2023

GREENEWAY IMPROVEMENT DISTRICT

Payment Authorization #603
11/10/2023

Item No.

1	ouc

Payee	Invoice
Number

General Fund

Fiscal Year

Acct: 8795843030; Service 10/03/2023-11/01/2023	$	8,878.64	FY 2024

TOTAL	$	8,878.64

8,878.64

FY 2023
FY 2024

/Assistant Secretary	Chairperson

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

[ RECEIVED

Oig lfy ignedbyD1nielJ Young

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Daniel J Young;::::: orn
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19:t!J'.56-05"00'

By Amanda Lane at 1:25 pm, Nov 13, 2023

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 November 1, 2023 through November 30, 2023. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT
(Series 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 11/30/2023

General Fund	Debt Service		Capital Projects Fund	
	
Assets			

$335,216.62				
1,624.27				
486,698.80				
1,625.58				
98,641.52				
26,050.71				
	$2,083,655.85			
	185,107.29			
	226,876.43			
	20,352.71			
	218,907.23			
	11,890.84			
	0.01			
			$7,077.03	
			0.02	
			985,308.19	
$949,857.50	$2,746,790.36		$992,385.24	
$0.00	$0.00		$0.00	
$949,857.50	$2,746,790.36		$992,385.24	

General Long- Term Debt		Total	

$0.00		

$335,216.62
1,624.27
486,698.80
1,625.58
98,641.52
26,050.71
2,083,655.85
185,107.29
226,876.43
20,352.71
218,907.23
11,890.84
0.01
7,077.03
0.02
985,308.19
$4,689,033.10	

$478,027.22 31,076,972.78
$31,555,000.00		
$478,027.22 31,076,972.78
$31,555,000.00	
$31,555,000.00		$36,244,033.10	

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 2023) Revenue (Series 2013)
Revenue (Series 2023)
Interest (Series 2023)
Prepayment (Series 2023) General Checking Account
Acquisition/Construction (Series 2013)
Acquisition/Construction (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		

$67,423.20 149,563.81
10,572.38
486,698.80
2,083,655.85
350.00
$2,798,264.04	

$31,555,000.00
$31,555,000.00		
$31,555,000.00
$31,555,000.00	
$31,555,000.00		$34,353,264.04	

$0.00

$31,555,000.00		

$68,372.19 229,206.52
(61,979.40)

1,012,790.64
(349,656.13)

(10,264,278.80)
1,549,051.50
(6,111.64)

9,713,374.18
$1,890,769.06

$36,244,033.10	

Statement of Financial Position As of 11/30/2023

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

149,563.81
10,572.38
486,698.80

$714,258.19		

$2,083,655.85

$2,083,655.85		

$350.00
$350.00	
$0.00		$0.00		$0.00	
$714,258.19		$2,083,655.85		$350.00	

$68,372.19 229,206.52
(61,979.40)

$235,599.31		

$1,012,790.64 (349,656.13)

$663,134.51		

($10,264,278.80) 1,549,051.50
(6,111.64)

9,713,374.18
$992,035.24	
					
$949,857.50		$2,746,790.36		$992,385.24	

$67,423.20

Capital Projects Fund

Page 2 of 2

Greeneway Improvement District
Statement of Activities As of 11/30/2023	
	
General Fund	
Debt Service	
Capital Projects Fund	
General Long- Term Debt	
Total	

Revenues						
On-Roll Assessments	$25,220.97				$25,220.97	
Off-Roll Assessments	11,882.09				11,882.09	
On-Roll Assessments		$107,976.03			107,976.03	
Off-Roll Assessments		77,131.26			77,131.26	
Inter-Fund Group Transfers In		10,236.35			10,236.35	
Inter-Fund Transfers In			($10,236.35)		(10,236.35)	
Total Revenues	

$37,103.06	

$195,343.64	

($10,236.35)	

$0.00	

$222,210.35	
Expenses						
Supervisor Fees	$1,000.00				$1,000.00	
Public Officials' Liability Insurance	2,782.00				2,782.00	
Management	7,333.34				7,333.34	
District Counsel	2,817.07				2,817.07	
Travel and Per Diem	7.95				7.95	
Legal Advertising	469.00				469.00	
Bank Fees	1.00				1.00	
Property Taxes	59.88				59.88	
Web Site Maintenance	270.00				270.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	117.95				117.95	
Water Reclaimed	2,078.89				2,078.89	
General Insurance	3,129.00				3,129.00	
Property & Casualty	8,281.00				8,281.00	
Landscaping Maintenance & Material	24,525.00				24,525.00	
Flower & Plant Replacement	4,790.26				4,790.26	
IME - Aquatics Maintenance	400.80				400.80	
IME - Irrigation	662.40				662.40	
IME - Landscaping	11,485.00				11,485.00	
IME - Lighting	36.96				36.96	
IME - Water Reclaimed	1.32				1.32	
Hardscape Maintenance	14,060.00				14,060.00	
IME - Landscape Improvements	3,928.80				3,928.80	
Streetlights	6,989.96				6,989.96	
Personnel Leasing Agreement	3,719.98				3,719.98	

Page 1 of 2

Greeneway Improvement District
Statement of Activities As of 11/30/2023	

General Fund	
Debt Service		
Capital Projects Fund		
General Long- Term Debt		
Total	
Interest Payments (Series 2023) Engineering
Legal Advertising
Total Expenses	

$99,122.56	$549,530.33

$549,530.33		
$350.00 58.90

$408.90		

$0.00		549,530.33
350.00
58.90

$649,061.79	
Other Revenues (Expenses) & Gains (Losses)

Interest Income Dividend Income Interest Income Dividend Income
Total Other Revenues (Expenses) & Gains (Losses)	

$40.10

$40.10		

$4,530.56

$4,530.56		

$0.18 4,533.43

$4,533.61		

$0.00		

$40.10 4,530.56
0.18
4,533.43

$9,104.27	
Change In Net Assets	($61,979.40)	($349,656.13)		($6,111.64)		$0.00		($417,747.17)	

Net Assets At Beginning Of Year	
$297,578.71	
$1,012,790.64		
$998,146.88		
$0.00		
$2,308,516.23	

Net Assets At End Of Year	
$235,599.31	

$663,134.51		
$992,035.24		
$0.00		
$1,890,769.06	

Page 2 of 2

Greeneway Improvement District	
Budget to Actual	
For the Month Ending 11/30/2023	

Actual			

Budget		

Variance		
FY 2024
Adopted Budget		
Percentage Spent	

Revenues											
On-Roll Assessments	$	25,220.97		$	85,313.62		$	(60,092.65)		$	511,881.70		4.93%	
Off-Roll Assessments	11,882.09			1,986.38		9,895.71		11,918.30		99.70%	
Carryforward Revenue	17,790.87			17,790.87		-		106,745.23		16.67%	
Net Revenues	$	54,893.93		$	105,090.87		$	(50,196.94)		$	630,545.23		8.71%	
General & Administrative Expenses											
Legislative											
Supervisor Fees	$	1,000.00		$	2,000.00		$	(1,000.00)		$	12,000.00		8.33%	
Financial & Administrative											
Public Officials' Liability Insurance	2,782.00			500.00		2,282.00		3,000.00		92.73%	
Trustee Services	-			833.33		(833.33)		5,000.00		0.00%	
Management	7,333.34			7,333.33		0.01		44,000.00		16.67%	
Engineering	-			1,666.67		(1,666.67)		10,000.00		0.00%	
Disclosure	-			166.67		(166.67)		1,000.00		0.00%	
Property Appraiser	-			733.33		(733.33)		4,400.00		0.00%	
District Counsel	2,817.07			5,000.00		(2,182.93)		30,000.00		9.39%	
Assessment Administration	-			1,250.00		(1,250.00)		7,500.00		0.00%	
Reamortization Schedules	-			41.67		(41.67)		250.00		0.00%	
Audit	-			750.00		(750.00)		4,500.00		0.00%	
Arbirtrage Calculation	-			83.33		(83.33)		500.00		0.00%	
Travel and Per Diem	7.95			25.00		(17.05)		150.00		5.30%	
Telephone	-			4.17		(4.17)		25.00		0.00%	
Postage & Shipping	-			83.33		(83.33)		500.00		0.00%	
Copies	-			166.67		(166.67)		1,000.00		0.00%	
Legal Advertising	469.00			750.00		(281.00)		4,500.00		10.42%	
Bank Fees	1.00			60.00		(59.00)		360.00		0.28%	
Miscellaneous	-			16.66		(16.66)		100.00		0.00%	
Meeting Room	-			133.33		(133.33)		800.00		0.00%	
Office Supplies	-			45.00		(45.00)		270.00		0.00%	
Property Taxes	59.88			16.67		43.21		100.00		59.88%	
Web Site Maintenance	270.00			483.33		(213.33)		2,900.00		9.31%	
Holiday Decorations	-			1,000.00		(1,000.00)		6,000.00		0.00%	
Dues, Licenses, and Fees	175.00			41.67		133.33		250.00		70.00%	
Total General & Administrative Expenses	$	14,915.24		$	23,184.16		$	(8,268.92)		$	139,105.00		10.72%	

Page 1 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2023	

Actual			

Budget			

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

$	117.95		

$	

833.33		

$	

(715.38)	

$	5,000.00		

2.36%	
Water Reclaimed		2,078.89			3,333.33			(1,254.44)			20,000.00		10.39%	
Other Physical Environment														
General Insurance		3,129.00			566.67			2,562.33			3,400.00		92.03%	
Property & Casualty Insurance		8,281.00			1,150.00			7,131.00			6,900.00		120.01%	
Other Insurance		-			16.67			(16.67)			100.00		0.00%	
Irrigation Repairs		-			4,166.67			(4,166.67)			25,000.00		0.00%	
Landscaping Maintenance & Material		24,525.00			30,753.38			(6,228.38)			184,520.29		13.29%	
Tree Trimming		-			2,083.33			(2,083.33)			12,500.00		0.00%	
Flower & Plant Replacement		4,790.26			2,500.00			2,290.26			15,000.00		31.94%	
Contingency		-			1,512.50			(1,512.50)			9,075.00		0.00%	
Pest Control		-			866.67			(866.67)			5,200.00		0.00%	
Interchange Maintenance Expenses														
IME - Aquatics Maintenance		400.80			424.00			(23.20)			2,544.00		15.75%	
IME - Irrigation Repairs		662.40			400.00			262.40			2,400.00		27.60%	
IME - Landscaping		11,485.00			11,485.00			-			68,910.00		16.67%	
IME - Lighting		36.96			160.00			(123.04)			960.00		3.85%	
IME - Miscellaneous		-			800.00			(800.00)			4,800.00		0.00%	
IME - Water Reclaimed		1.32			200.00			(198.68)			1,200.00		0.11%	
IME - Landscape Improvements		3,928.80			1,600.00			2,328.80			9,600.00		40.93%	
Road & Street Facilities														
Entry and Wall Maintenance		-			310.00			(310.00)			1,860.00		0.00%	
Hardscape Maintenance		14,060.00			826.67			13,233.33			4,960.00		283.47%	
Streetlights		6,989.96			12,500.00			(5,510.04)			75,000.00		9.32%	
Accent Lighting		-			206.67			(206.67)			1,240.00		0.00%	
Parks & Recreation														
Personnel Leasing Agreement		3,719.98			3,720.00			(0.02)			22,320.00		16.67%	
Reserves											.			
Infrastructure Capital Reserve		-			1,833.33			(1,833.33)			11,000.00		0.00%	
Interchange Maintenance Reserve		-			325.16			(325.16)			1,950.94		0.00%	
	$	84,207.32	$	82,573.38		$	1,633.94	$	495,440.23		17.00%	
Total Expenses	$	99,122.56		$	105,757.54		$	(6,634.98)	
$	634,545.23		15.62%	

Income (Loss) from Operations	
$	
(44,228.63)		
$	
(666.67)		
$	
(43,561.96)		
$	
(4,000.00)			

Other Income (Expense)
Interest Income	

$	40.10		

$	

666.67		

$	

(626.57)	

$	4,000.00		

1.00%	
Total Other Income (Expense)	$	40.10		$	666.67		$	(626.57)	
$	4,000.00		1.00%	
											
Net Income (Loss)	$	(44,188.53)		$	-		$	(44,188.53)		$	-			

Page 2 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2023

		Oct-23		Nov-23	

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Revenue
Net Revenues	

$	

-	

$	

25,220.97	
		-		11,882.09	
		8,895.44		8,895.43	
	$	8,895.44	$	45,998.49	
General & Administrative Expenses					
Legislative					
Supervisor Fees	$	400.00	$	600.00	
Financial & Administrative					
Public Officials' Liability Insurance		2,782.00		-	
Trustee Fees		-		-	
Management		3,666.67		3,666.67	
District Engineering		-		-	
Dissemination Agent		-		-	
Property Appraiser		-		-	
District Counsel		-		2,817.07	
Assessment Administration		-		-	
Reamortization Schedules		-		-	
Audit		-		-	
Arbitrage Calculation		-		-	
Travel and Per Diem		-		7.95	
Telephone		-		-	
Postage & Shipping		-		-	
Copies		-		-	
Legal Advertising		-		469.00	
Bank Fees		-		1.00	
Miscellaneous		-		-	
Meeting Room		-		-	
Office Supplies		-		-	
Property Taxes		-		59.88	
Website Maintenance		-		270.00	
Holiday Decorations		-		-	
Dues, Licenses, and Fees		175.00		-	
Total General & Administrative Expenses	$	7,023.67	$	7,891.57	

Field Operations					
Electric Utility Services					
Electric	$	-	$	117.95	
Water-Sewer Combination Services					
Water Reclaimed		270.99		1,807.90	
Other Physical Environment					
General Insurance		3,129.00		-	
Property & Casualty Insurance		8,281.00		-	
Other Insurance		-		-	
Irrigation Repairs		-		-	
Landscaping Maintenance & Material		-		24,525.00	
Tree Trimming		-		-	
Flower & Plant Replacement		4,790.26		-	
Contingency		-		-	
Pest Control		-		-	
Interchange Maintenance Expenses					

YTD Actual

$	25,220.97
11,882.09
17,790.87	
$	54,893.93

$	1,000.00

2,782.00
- 7,333.34
-
-
- 2,817.07
-
-
-
- 7.95
-
-
- 469.00
1.00
-
-
- 59.88
270.00
- 175.00	
$	14,915.24

$	117.95

2,078.89

3,129.00
8,281.00
-
- 24,525.00
- 4,790.26
-
-	

Page 1 of 2

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2023	

IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
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 Field Operations Expenses

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

Net Income (Loss)	
Oct-23

200.40
- 5,742.50
-
-
-
-

- 14,060.00
-
- 1,859.99
-
-
$	38,334.14

 $	45,357.81

$ (36,462.37)

$	20.76
$	20.76

$ (36,441.61)	

$

 $ 

$

$
$

$	
Nov-23

200.40
662.40
5,742.50
36.96
- 1.32
3,928.80

-
- 6,989.96
- 1,859.99
-
-
45,873.18

53,764.75

(7,766.26)

19.34
19.34

(7,746.92)	

 
YTD Actual

400.80
662.40
11,485.00
36.96
- 1.32
3,928.80

- 14,060.00
6,989.96
- 3,719.98
-
-	
$	84,207.32

$	99,122.56	

$	(44,228.63)

$	40.10	
$	40.10	
$	(44,188.53)	

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		
-	(11,298.45)	222,212.46	(35,259.57)	335,216.62		
-	-	120,783.47	(37.17)	455,962.92	as of 12/07/2023	

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	
12/1/2023	335,216.62	

Totals	3,267,289.24	(3,229,040.25)	342,998.66	(56,713.99)

Greeneway Improvement District Construction Tracking - early December

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
27,436.49
(437,827.35)
==========
989,609.14

==========
-	
Series 2023 Construction Funds Remaining	$	989,609.14	

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

Net Uncommitted	989,609.14