Storey Creek Community Development District

Agenda October 21, 2024

Agenda

Storey Creek
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
October 14, 2024

Board of Supervisors Storey Creek Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Storey Creek Community Development District will be held Monday, October 21 2024 at 10:00 a.m., or as shortly thereafter as reasonably possible, at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of Minutes of the September 16, 2024 Meeting
Consideration of Landscape Maintenance Agreement with Frank Polly Sod & Landscape
Staff Reports
Attorney
Engineer
Discussion of Pending Plat Conveyances
Status of Permit Transfers
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Field Manager’s Report
Other Business
Supervisor’s Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

Sincerely,
George S. Flint
George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel Steve Boyd, District Engineer

Enclosures

Minutes

MINUTES OF MEETING STOREY CREEK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Storey Creek Community Development District was held Monday, September 16, 2024 at 10:00 a.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd. ChampionsGate, FL.

Present and constituting a quorum were:

Adam Morgan	Chairman
Lane Register by phone	Vice Chairman
Rob Bonin	Assistant Secretary
Karly Chambers	Assistant Secretary Also present were:
George Flint	District Manager
Kristen Trucco	District Counsel
Steve Boyd by phone	District Engineer
Alan Scheerer	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll. Three Supervisors were present in person, and one joined by phone constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint stated only Board and staff are present. There were no public comments at this time, so the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
There being no comments, the next item followed.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the August 19,
2024 Meeting
Mr. Flint presented the minutes of the August 19, 2024, Board of Supervisors meeting and asked for any comments or corrections. The Board had no changes to the minutes.

September 16, 2024	Storey Creek CDD

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Minutes of the August 19, 2024, Meeting, were approved.

FIFTH ORDER OF BUSINESS	Consideration of Series 2024 Requisition
#4
Mr. Flint stated this requisition is for $49,808.27.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, Series 2024 Requisition #4, was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco stated they are working on an inventory based on the maps the District Engineer provided for the maintenance areas versus the CDD maintenance area. She added she is working with the county for the interlocal agreement regarding the improvements of Storey Creek Blvd.
Mr. Morgan asked about the pond maintenance. The Board decided the District should be mowing the lawn.

Engineer
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Mr. Boyd stated he had nothing further for the Board.

District Manager’s Report
Approval of Check Register
Mr. Flint presented the check register. He offered to answer any questions on the check register.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint presented the unaudited financials through the end of August and asked for any comments or questions on the financial statements.
Presentation of Series 2022 Arbitrage Rebate Calculation Report
Mr. Flint stated we have a negative rebate arbitrage with $103,641.49.

2

September 16, 2024	Storey Creek CDD

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Series 2022 Arbitrage Rebate Calculation Report, was approved.

Field Manager’s Report
Mr. Scheerer presented the Field Manager’s Report to the Board. He stated they will be bringing back landscaping extensions for both communities at the next meeting.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Mr. Flint asked for a motion to adjourn the meeting.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

3

Section IV

Storey Creek CDD
Stoery Creek PH 1,2,2B,3A-B,4,5,6 an Offsite Road Alan Sheerer

14300 Eastside Street
Groveland, FL 34736
Office: (352) 429-9162
Fax: (352) 429-8123
Email: frankpollysod@aol.com

Mowing
Mowing of all turf areas will be performed once a week during the months of March 1 through October 31st.
Mowing of all turf areas will be performed once every other week during the months of November 1st through February 28th.
Pond areas to be mowed every other week.

Edging
Edging of all flower and shrub beds will be done every other mowing.
Edging of curbs and sidewalks shall be done the same as the mowing schedule.

String Trimming
String-trimming will be done on the same schedule as mowing.

Pruning
Pruning will be maintained on the same schedule as mowing.
It is up to the owner or owner’s representative to inform Frank Polly Sod, Inc. of any specific preference in regards to trimming of all trees, shrubs, bushes, etc.
Weeding of Shrubs or Tree Beds
All plant beds will be kept reasonably free of weeds and excess growth with respect to side condition and time of year.
Weeding will be accomplished by hand pulling and/or herbicide application.
All weeds in sidewalk or pavement areas will be chemically controlled or removed as required with Round-up or other weed control chemical.

Fertilization and Pest Control - St Augustine Sod only
Turf: Apply insecticide and custom fertilizer to all turf areas six (6) times per year; granular or liquid products may be used depending on weather conditions. Full guarantee against most damaging insects; this includes additional applications for the control of Chinch Bugs, Army Worms, Sod Webworms and Grubs. Exclusions to this warranty are Nemotodes, Mole Crickets, Acts of God, or irrigation related problems. Should the fertilizer streak due to misapplication, it will be re-sprayed at no additional charge.

Shrubs: Three applications that consist of fertilization and pest control granular or liquid depending on weather conditions.
Weeds: Herbicide will be applied to St Augustine sod areas for control of broadleaf weeds.

Irrigation
The following work will be performed monthly as part of a service contract on the existing irrigation system.
Program controller for proper precipitation for each season. Assure proper operation of all control valves.
Operate and visually inspect each zone.
Adjust heads for correct arc and rotation as necessary.
Visually inspect entire property for proper coverage each month.
Materials such as nozzles, sprinkler heads, valves, pipe, etc. are not included in this contract and will be charged separately at a rate of $45.00 per man hour plus materials.

Landscape Debris
All landscape debris generated from the performance of this contract will be blown off or otherwise hauled away by Frank Polly Sod, Inc.

Dispose of all trash and litter in landscape beds.

Damages
We are not responsible for freeze/freeze damage cleanup. Areas of irrigation not 100% covered.
Insurance
The contractor carries Workers Compensation and General Liability for all properties.

General
Any and all requests for change in the normal maintenance schedule must be made through Mark Kirkland. The onsite foreman cannot make changes to the schedule without approval, as any work other than normal scheduled maintenance may interfere with the normal daily work schedule.
A quality control checklist for proper grounds maintenance will be completed and submitted to the owner or owner’s representative after each week of service.
Includes 30 yds of Pine Bark, once a year
Work Not Included
The following items would be an “extra” to this contract unless specifically mentioned above, but can be performed under a separate contract with the owner’s prior authorization.
Sweeping of parking areas, driveways and breezeways except for the clean-up of debris generated by our work.
Annuals -4” pots, installed @ $1.50 each
Cleanup of storm damage (i.e. branches, limbs, fallen debris, and washouts). Pruning and weeding of Homeowner’s beds not included.
Length of Contract
This contract will be for a period of twelve months beginning Oct 1,2024 and ending on Sept. 30,2025

Compensation
Owner agrees to pay Frank Polly Sod, Inc., an amount of $34,864.50 per month. Payment is due by the 20th of the month following the service.

Should it become necessary for either party incident to this contract to institute legal actions for enforcements of any provisions for this contract, the prevailing party shall be entitled for all court costs and attorney fees incident to such legal actions which are included by the other. Both parties agree that any court action will be in Lake County, the primary location of Frank Polly Sod, Inc.

Other provisions
Owner shall have the right to give Frank Polly Sod, Inc., thirty days written notice of cancellation with or without cause delivered by Certified Mail.
The undersigned parties warrant that they are authorized representatives of their respective companies and have the requisite authority to bind their employer and/or principal.
This agreement is not a binding contract until signed by all parties. Dated this 	 day of 	, 20 .

Frank Polly, Owner	Authorized Representative Frank Polly Sod, Inc.

Printed Name

Section V

Section C

Section 1

Storey Creek
Community Development District

Summary of Invoices

September 01, 2024 - September 30, 2024

Fund	Date	Check No.'s	Amount	
General Fund	
9/5/24	
441-442	
$	35,797.50	
	9/11/24	443-444	1,253.75	
	9/19/24	445-447	26,928.60	
	9/24/24	448-449	2,515.73	
			$	66,495.58	
Payroll	
September 2024			
	Adam Morgan	50101*	$	369.40	
	Logan Lantrip	50102	$	184.70	
	Patrick Bonin Jr.	50103*	$	369.40	
			$	923.50	
	TOTAL		$	67,419.08	

*Includes payment for August meeting.

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/14/24	PAGE	1
*** CHECK DATES 09/01/2024 - 09/30/2024 ***	STOREY CREEK - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/05/24 00012	8/31/24 222108	202408 320-53800-47000	*	2,443.00
AQUATIC PLANT MGMT AUG24
APPLIED AQUATIC MANAGEMENT INC	2,443.00 000441

9/05/24 00013	9/03/24	
	9/03/24	
	9/03/24	
	9/03/24	
	9/03/24	
	9/03/24	
	9/03/24	
	9/03/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
18292	202409 320-53800-46200	*	5,343.50
MTHLY MOW SRVC PH I SEP24
18292	202409 320-53800-46200	*	1,610.00
MTHLY MOW SRVC PH2A SEP24
18292	202409 320-53800-46200	*	10,226.00
STOREY CTREEK PH 2B SEP24
18292	202409 320-53800-46200	*	625.00
PARK,DOGPARK,ENTR SEP24
18292	202409 320-53800-47800	*	250.00
DOGGIE/GARBAGE CANS SEP24
18292	202409 320-53800-46200	*	4,975.00
MTHLY MOW SRVC PH 5 SEP24
18292	202409 320-53800-46200	*	6,850.00
MTHLY MOW SRVC PH 4 SEP24
18292	202409 320-53800-46200	*	3,475.00
NATURE PARK MOWING SEP24
FRANK POLLY SOD,INC	33,354.50 000442
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/24 00003	9/05/24 4114	202408 310-51300-31100	*	666.75
CDD MTG/POST STRM SITEVST
BOYD CIVIL ENGINEERING	666.75 000443
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/11/24 00006	8/06/24 99320125 202408 310-51300-48000	*	587.00
NOT.FY25 BDGT/MTG 8/19/24
ORLANDO SENTINEL	587.00 000444
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/24 00012	9/15/24 222753	202409 320-53800-47000	*	2,443.00
AQUATIC PLANT MGMT SEP24
APPLIED AQUATIC MANAGEMENT INC	2,443.00 000445
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/24 00005	9/11/24 25632	202409 300-15500-10000	*	6,469.00
FY25 GEN.LAIB/PUBLIC OFFC
9/11/24 25632	202409 300-15500-10000	*	4,273.00
FY25 PROPERTY INSURANCE
EGIS INSURANCE ADVISORS, LLC.	10,742.00 000446
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/19/24 00001	9/01/24 124	202409 310-51300-34000	*	3,333.33
MANAGEMENT FEES SEP24
9/01/24 124	202409 310-51300-35200	*	100.00
WEBSITE ADMIN SEP24
9/01/24 124	202409 310-51300-35100	*	150.00
INFORMATION TECH SEP24
SCCD STOREY CREEK	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/14/24	PAGE	2
*** CHECK DATES 09/01/2024 - 09/30/2024 ***	STOREY CREEK - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

*	875.00	
*	.06	
*	.99	
*	30.15	
*	1,378.17			
*	.80			
*	.10			
*	7,875.00			

9/01/24 124	202409 310-51300-31300
DISSEMINATION FEE SEP24 9/01/24 124	202409 310-51300-51000
OFFICE SUPPLIES
9/01/24 124	202409 310-51300-42000
POSTAGE
9/01/24 124	202409 310-51300-42500
COPIES
9/01/24 125	202409 320-53800-12000
FIELD MANAGEMENT SEP24
9/01/24 125A	202407 310-51300-42000 USPS-MAIL 2ND QTR-941FORM
9/01/24 125A	202407 310-51300-42000 USPS-PSTGE DIFF.MANDATED
9/15/24 126	202409 300-15500-10000
FY25 ASSESSMENT ROLL CERT
GOVERNMENTAL MANAGEMENT SERVICES	13,743.60 000447
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/24/24 00002	9/16/24 131198	202408 310-51300-31500	*	1,495.73
MTG/BLACKLINE VER/ILA IMP
9/16/24 131200	202408 310-51300-31500	*	825.00
CDD VS HOA OWNRSHP/PLATS
LATHAM,LUNA,EDEN & BEAUDINE,LLP	2,320.73 000448
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/24/24 00003 10/04/24 4153	202409 310-51300-31100	*	195.00
CDD METTING VIA CALL IN
BOYD CIVIL ENGINEERING	195.00 000449
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	66,495.58
TOTAL FOR REGISTER	66,495.58

SCCD STOREY CREEK	TVISCARRA

Section 2

Storey Creek
Community Development District

Unaudited Financial Reporting
September 30, 2024

Table of Contents

1	Balance Sheet

2	General Fund Income Statement

3	Debt Service Fund Series 2019 Income Statement

4	Debt Service Fund Series 2022 Income Statement

5	Debt Service Fund Series 2024 Income Statement

6	Capital Projects Fund Series 2022 Income Statement

7	Capital Projects Fund Series 2024 Income Statement

8	Month to Month

9	Long Term Debt Summary

10	Assessment Receipt Schedule

11	Construction Schedule Series 2022

12	Construction Schedule Series 2024

Storey Creek
Community Development District Balance Sheet
September 30, 2024

General
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash - Truist Bank	$	182,595	$	-	$	-	$	182,595	
Investments:			
Series 2019			
Reserve	$	-	$	245,666	$	-	$	245,666	
Revenue	$	-	$	424,069	$	-	$	424,069	
Prepayment	$	-	$	33	$	-	$	33	
Series 2022			
Reserve	$	-	$	209,549	$	-	$	209,549	
Revenue	$	-	$	189,436	$	-	$	189,436	
Construction	$	-	$	-	$	19,039	$	19,039	
Series 2024			
Reserve	$	-	$	162,906	$	-	$	162,906	
Revenue	$	-	$	128,599	$	-	$	128,599	
Interest	$	-	$	110	$	-	$	110	
Prepayment	$	-	$	28,988	$	-	$	28,988	
Construction	$	-	$	-	$	853	$	853	
State Board of Administration	$	126,213	$	-	$	-	$	126,213	
Deposits	$	5,015	$	-	$	-	$	5,015	
Prepaid Expenses	$	18,617	$	-	$	-	$	18,617	
Total Assets	$	332,440	$	1,389,357	$	19,893	$	1,741,689	

Liabilities: Accounts Payable Due to Other	
$	-
$	740	
$
$	
Total Liabilities	$	740	$	

Fund Balances:			
Assigned For Debt Service 2019	$	-	$	
Assigned For Debt Service 2022	$	-	$	
Assigned For Debt Service 2024	$	-	$	
Assigned For Capital Projects 2022	$	-	$	
Assigned For Capital Projects 2024	$	-	$	
Unassigned	$	331,700	$	

-	$	-	$	-	
-	$	-	$	740	
-	$	-	$	740	

9,768	$	-	$	669,768	
8,984	$	-	$	398,984	
0,604	$	-	$	320,604	
-	$	19,039	$	19,039	

66
39
32

-	$	853	$	853	
-	$	-	$	331,700	
Total Fund Balances	$	331,700	$	1,389,357	$	19,893	$	1,740,949	
					
Total Liabilities & Fund Equity	$	332,440	$	1,389,357	$	19,893	$	1,741,689	

1

Storey Creek
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:		
Special Assessments - Tax Roll	$	715,592		$	715,592	$	717,923	$	2,331	
Special Assessments - Direct Billed	$	137,301		$	137,301	$	137,301	$	-	
Interest	$	-		$	-	$	16,213	$	16,213	
Total Revenues	$	852,893		$	852,893	$	871,437	$	18,544	

Expenditures:						
Administrative:						
Supervisor Fees	$	12,000		$	12,000	$	8,200	$	3,800	
FICA Expense	$	918		$	918	$	627	$	291	
Engineering Fees	$	12,000		$	12,000	$	5,552	$	6,448	
Attorney	$	25,000		$	25,000	$	8,870	$	16,130	
Dissemination	$	10,500		$	10,500	$	9,042	$	1,458	
Arbitrage	$	1,350		$	1,350	$	900	$	450	
Annual Audit	$	5,610		$	5,610	$	3,500	$	2,110	
Trustee Fees	$	10,000		$	10,000	$	8,072	$	1,928	
Assessment Administration	$	7,500		$	7,500	$	7,500	$	-	
Management Fees	$	40,000		$	40,000	$	40,000	$	0	
Information Technology	$	1,800		$	1,800	$	1,800	$	-	
Website Maintenance	$	1,200		$	1,200	$	1,200	$	-	
Telephone	$	150		$	150	$	-	$	150	
Postage	$	500		$	500	$	169	$	331	
Printing & Binding	$	600		$	600	$	124	$	476	
Insurance	$	6,450		$	6,450	$	6,046	$	404	
Legal Advertising	$	2,000		$	2,000	$	1,249	$	751	
Other Current Charges	$	500		$	500	$	594	$	(94)	
Office Supplies	$	100		$	100	$	17	$	83	
Property Appraiser Fee	$	500		$	500	$	383	$	117	
Property Taxes	$	300		$	300	$	1	$	299	
Dues, Licenses & Subscriptions	$	175		$	175	$	175	$	-	
Total Administrative:	$	139,153		$	139,153	$	104,022	$	35,132	
Operations & Maintenance						
Field Services	$	16,538		$	16,538	$	16,538	$	(0)	
Property Insurance	$	4,000		$	4,000	$	3,866	$	134	
Electric	$	4,000		$	4,000	$	485	$	3,515	
Streetlights	$	194,000		$	194,000	$	69,212	$	124,788	
Water & Sewer	$	39,600		$	39,600	$	35,805	$	3,795	
Landscape Maintenance	$	400,374		$	400,374	$	377,254	$	23,120	
Landscape Contingency	$	7,500		$	7,500	$	22,615	$	(15,115)	
Irrigation Repairs	$	5,000		$	5,000	$	2,030	$	2,970	
Lake Maintenance	$	26,700		$	26,700	$	19,506	$	7,194	
Lake Contingency	$	1,500		$	1,500	$	1,003	$	497	
Doggie Station Maintenance	$	5,000		$	5,000	$	7,115	$	(2,115)	
Repairs & Maintenance	$	5,000		$	5,000	$	2,240	$	2,760	
Walls, Entry & Monuments	$	2,500		$	2,500	$	880	$	1,620	
Contingency	$	2,028		$	2,028	$	-	$	2,028	
Total Operations & Maintenance:	$	713,740		$	713,740	$	558,550	$	155,190	
						
Total Expenditures	$	852,893		$	852,893	$	662,571	$	190,322	
						
Excess Revenues (Expenditures)	$	-			$	208,866		
						
Fund Balance - Beginning	$	-			$	122,834		
						
Fund Balance - Ending	$	-			$	331,700		

2				

Storey Creek
Community Development District Debt Service Fund - Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:		
Special Assessments	$	491,331	$	491,331	$	492,845	$	1,514	
Interest	$	7,500	$	7,500	$	37,607	$	30,107	
Total Revenues	$	498,831	$	498,831	$	530,452	$	31,621	

Expenditures:					
Series 2019
Interest - 12/15	

$	157,172	

$	157,172	

$	157,172	

$	-	
Principal - 12/15	$	175,000	$	175,000	$	175,000	$	-	
Interest - 06/15	$	154,438	$	154,438	$	154,438	$	-	
Total Expenditures	$	486,609	$	486,609	$	486,609	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	12,222		$	43,842		
					
Fund Balance - Beginning	$	372,055		$	625,926		
					
Fund Balance - Ending	$	384,277		$	669,768		

3

Storey Creek
Community Development District Debt Service Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/24	Thru 09/30/24	Variance	
Revenues:					
Special Assessments	$	411,766	$	411,766	$	413,108	$	1,342	
Interest	$	5,000	$	5,000	$	26,695	$	21,695	
Total Revenues	$	416,766	$	416,766	$	439,803	$	23,037	

Expenditures:					
Series 2022
Interest - 12/15	

$	158,383	

$	158,383	

$	158,383	

$	-	
Principal - 06/15	$	95,000	$	95,000	$	95,000	$	-	
Interest - 06/15	$	158,383	$	158,383	$	158,383	$	-	
Total Expenditures	$	411,766	$	411,766	$	411,766	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	(7,315)	$	7,315	
Total Other Financing Sources (Uses)	$	-	$	-	$	(7,315)	$	7,315	
					
Excess Revenues (Expenditures)	$	5,000		$	20,722		
					
Fund Balance - Beginning	$	170,174		$	378,262		
					
Fund Balance - Ending	$	175,174		$	398,984		

4

Storey Creek
Community Development District Debt Service Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 09/30/24	Thru 09/30/24	Variance	
Revenues:					
Bond Proceeds	$	248,969	$	248,969	$	248,969	$	-	
Special Assessments	$	126,978	$	126,978	$	126,978	$	-	
Prepayment Assessments	$	-	$	-	$	28,902	$	28,902	
Interest	$	-	$	-	$	5,969	$	5,969	
Total Revenues	$	375,946	$	375,946	$	410,818	$	34,871	

Expenditures:					
Series 2024
Interest - 12/15	

$	-	

$	-	

$	-	

$	-	
Principal - 06/15	$	-	$	-	$	-	$	-	
Interest - 06/15	$	86,063	$	86,063	$	86,063	$	-	
Total Expenditures	$	86,063	$	86,063	$	86,063	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	(4,151)	$	4,151	
Total Other Financing Sources (Uses)	$	-	$	-	$	(4,151)	$	4,151	
					
Excess Revenues (Expenditures)	$	289,884		$	320,604		
					
Fund Balance - Beginning	$	-		$	-		
					
Fund Balance - Ending	$	289,884		$	320,604		

5

Storey Creek
Community Development District Capital Projects Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:		
Interest	$	-	$	-	$	747	$	747	
Total Revenues	$	-	$	-	$	747	$	747	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	

-	$	

-	$	7,315	

$	(7,315)	
Total Other Financing Sources (Uses)	$	-	$	-	$	7,315	$	(7,315)	
					
Excess Revenues (Expenditures)	$	-	$	8,061		
					
Fund Balance - Beginning	$	-	$	10,978		
					
Fund Balance - Ending	$	-	$	19,039		

6

Storey Creek
Community Development District Capital Projects Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:		
Bond Proceeds	$	-	$	-	$	4,556,031	$	4,556,031	
Interest	$	-	$	-	$	93,803	$	93,803	
Total Revenues	$	-	$	-	$	4,649,834	$	4,649,834	

Expenditures:					
Capital Outlay	$	-	$	-	$	4,308,970	$	(4,308,970)	
Capital Outlay - Cost of Issuance	$	-	$	-	$	344,162	$	(344,162)	
Total Expenditures	$	-	$	-	$	4,653,132	$	(4,653,132)	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	4,151	$	(4,151)	
Total Other Financing Sources (Uses)	$	-	$	-	$	4,151	$	(4,151)	
					
Excess Revenues (Expenditures)	$	-	$	853		

Fund Balance - Ending	$	-	$	853

Fund Balance - Beginning	$	-	$	-

7

Storey Creek

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total

Community Development District Month to Month
Revenues:

Special Assessments - Tax Roll Special Assessments - Direct Billed

$	-	$
$	68,651  $

32,540  $
-	$

661,892  $
-	$

4,876  $
34,325  $

1,684  $
-	$

1,890  $
-	$

3,813  $
34,325  $

2,766  $
-	$

8,446  $
-	$

17  $
-	$

-	$	-	$
-	$	-	$

717,923
137,301

Interest

$	-	$

-	$	-	$

1,755  $

2,542  $

2,172  $

1,958  $

2,018  $

1,966  $

1,499  $

1,345  $

958  $
$

16,213
-

Total Revenues	$	68,651  $	32,540  $  661,892  $	40,956  $	4,225  $	4,062  $	40,097  $	4,784  $	10,412  $	1,516  $	1,345  $	958  $	871,437

Expenditures:

Administrative: Supervisor Fees FICA Expense Engineering Fees Attorney Dissemination Arbitrage Annual Audit Trustee Fees
Assessment Administration Management Fees Information Technology Website Maintenance Telephone
Postage
Printing & Binding Insurance
Legal Advertising Other Current Charges Office Supplies Property Appraiser Fee Property Taxes
Dues, Licenses & Subscriptions

$	600  $
$	46  $
$	215  $
$	468  $
$	583  $
$	-	$
$	-	$
$	-	$
$	7,500  $
$	3,333  $
$	150  $
$	100  $
$	-	$
$	28  $
$	7  $
$	6,046  $
$	662  $
$	39  $
$	0  $
$	-	$
$	-	$
$	175  $

600  $
46  $
538  $
897  $
583  $
-	$
3,500  $
-	$
-	$
3,333  $
150  $
100  $
-	$
6  $
8  $
-	$
-	$
74  $
0  $
-	$
1  $
-	$

800  $
61  $
-	$
216  $
583  $
-	$
-	$
-	$
-	$
3,333  $
150  $
100  $
-	$
8  $
24  $
-	$
-	$
44  $
0  $
-	$
-	$
-	$

$
$
741  $
420  $
583  $
$
$
$
$
3,333  $
150  $
100  $
$
19  $
4  $
$
$
40  $
15  $
$
$
$

800  $
61  $
1,363  $
330  $
583  $
450  $
$
4,041  $
$
3,333  $
150  $
100  $
$
46  $
$
$
$
41  $
0  $
383  $
$
$

1,000  $
77  $
665  $
487  $
875  $
$
$
$
$
3,333  $
150  $
100  $
$
14  $
22  $
$
$
41  $
0  $
$
$
$

1,000  $
77  $
$
431  $
875  $
$
$
$
$
3,333  $
150  $
100  $
$
9  $
8  $
$
$
56  $
0  $
$
$
$

800  $
61  $
$
906  $
875  $
$
$
$
$
3,333  $
150  $
100  $
$
3  $
14  $
$
$
46  $
0  $
$
$
$

800  $
61  $
390  $
1,040  $
875  $
$
$
$
$
3,333  $
150  $
100  $
$
13  $
2  $
$
$
41  $
0  $
$
$
$

800  $
61  $
780  $
1,355  $
875  $
$
$
4,031  $
$
3,333  $
150  $
100  $
$
20  $
2  $
$
$
41  $
0  $
$
$
$

$
$
667  $
2,321  $
875  $
450  $
$
$
$
3,333  $
150  $
100  $
$
3  $
2  $
$
587  $
56  $
0  $
$
$
$

1,000  $
77  $
195  $
$
875  $
$
$
$
$
3,333  $
150  $
100  $
$
1  $
30  $
$
$
76  $
0  $
$
$
$

8,200
627
5,552
8,870
9,042
900
3,500
8,072
7,500
40,000
1,800
1,200
- 169
124
6,046
1,249
594
17
383
1
175

Total Administrative:	$	19,952  $	9,836  $	5,320  $	5,404  $	11,681  $	6,764  $	6,040  $	6,289  $	6,806  $	11,549  $	8,544  $	5,837  $	104,022

Operations & Maintenance
Field Services Property Insurance Electric
Streetlights Water & Sewer
Landscape Maintenance Landscape Contingency Irrigation Repairs
Lake Maintenance Lake Contingency
Doggie Station Maintenance Repairs & Maintenance Walls, Entry & Monuments Contingency

$	1,378  $
$	3,762  $
$	60  $
$	7,452  $
$	2,162  $
$	31,105  $
$	-	$
$	-	$
$	1,353  $
$	1,003  $
$	250  $
$	385  $
$	-	$
$	-	$

1,378  $
-	$
60  $
7,454  $
297  $
31,105  $
-	$
-	$
1,353  $
-	$
250  $
-	$
-	$
-	$

1,378  $
-	$
65  $
7,659  $
729  $
31,105  $
-	$
-	$
1,353  $
-	$
250  $
-	$
-	$
-	$

1,378  $
-	$
83  $
7,666  $
838  $
31,105  $
-	$
-	$
1,353  $
-	$
3,250  $
-	$
-	$
-	$

1,378  $
-	$
64  $
7,665  $
1,003  $
31,105  $
22,615  $
-	$
1,353  $
-	$
250  $
-	$
-	$
-	$

1,378  $
-	$
$
$
1,063  $
31,105  $
$
$
1,353  $
$
250  $
$
880  $
$

1,378  $
$
$
$
1,832  $
31,105  $
$
$
1,353  $
$
575  $
235  $
$
$

1,378  $
$
$
$
6,793  $
31,105  $
$
1,100  $
1,353  $
$
250  $
$
$
$

1,378  $
104  $
2  $
6,451  $
7,124  $
31,105  $
$
430  $
1,353  $
$
250  $
960  $
$
$

1,378  $
$
52  $
8,165  $
6,751  $
31,105  $
$
500  $
2,443  $
$
575  $
$
$
$

1,378  $
$
50  $
8,350  $
3,864  $
33,105  $
$
$
2,443  $
$
715  $
660  $
$
$

1,378  $
$
49  $
8,350  $
3,348  $
33,105  $
$
$
2,443  $
$
250  $
$
$
$

16,538
3,866
485
69,212
35,805
377,254
22,615
2,030
19,506
1,003
7,115
2,240
880
-

Excess Revenues (Expenditures)	$	(211) $	(19,193) $	614,033 $	(10,121) $	(72,888) $	(38,732) $	(2,420) $	(43,484) $	(45,550) $	(61,003) $	(57,764) $	(53,802) $	208,866

Total Expenditures	$	68,862  $	51,733  $	47,858  $	51,077  $	77,113  $	42,794  $	42,517  $	48,268  $	55,962  $	62,518  $	59,109  $	54,760  $	662,571

Total Operations & Maintenance:	$	48,910  $	41,897  $	42,539  $	45,673  $	65,432  $	36,029  $	36,477  $	41,979  $	49,156  $	50,969  $	50,565  $	48,923  $	558,550

8

Storey Creek
Community Development District Long Term Debt Report

SERIES 2019, SPECIAL ASSESSMENT BONDS		
(ASSESSMENT AREA ONE PROJECT)		
OPTIONAL REDEMPTION DATE:	12/15/2029		
INTEREST RATES:	3.125%, 3.625%, 4.000%, 4.125%		
MATURITY DATE:	12/15/2049		
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE		
RESERVE FUND REQUIREMENT	$245,666		
RESERVE FUND BALANCE	$245,666		
BONDS OUTSTANDING - 12/16/19	$8,445,000	
LESS: PRINCIPAL PAYMENT - 12/15/20	($160,000)	
LESS: PRINCIPAL PAYMENT - 12/15/21	($165,000)	
LESS: PRINCIPAL PAYMENT - 12/15/22	($170,000)	
LESS: PRINCIPAL PAYMENT - 12/15/23	($175,000)	
CURRENT BONDS OUTSTANDING	$7,775,000	

SERIES 2022, SPECIAL ASSESSMENT BONDS		
(ASSESSMENT AREA TWO PROJECT)		
OPTIONAL REDEMPTION DATE:	6/15/2032		
INTEREST RATES:	4.300%, 5.000%, 5.200%, 5.375%		
MATURITY DATE:	6/15/2052		
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE		
RESERVE FUND REQUIREMENT	$205,883		
RESERVE FUND BALANCE	$209,549		
BONDS OUTSTANDING - 07/14/22	$6,170,000	
LESS: PRINCIPAL PAYMENT - 06/15/23	($90,000)	
LESS: PRINCIPAL PAYMENT - 06/15/24	($95,000)	
CURRENT BONDS OUTSTANDING	$5,985,000	

	SERIES 2024, SPECIAL ASSESSMENT BONDS		
	(ASSESSMENT AREA THREE PROJECT)		
OPTIONAL REDEMPTION DATE:	6/15/2034		
INTEREST RATES:	4.450%, 5.250%, 5.500%		
MATURITY DATE:	6/15/2054		
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE		
RESERVE FUND REQUIREMENT	$162,906		
RESERVE FUND BALANCE	$162,906		
BONDS OUTSTANDING - 2/13/24		$4,805,000	
CURRENT BONDS OUTSTANDING	$4,805,000	

9

Storey Creek
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$  761,267.18	$  522,600.00	$  438,049.15	$  1,721,916.33	
	Net Assessments	$  715,591.15	$  491,244.00	$  411,766.20	$  1,618,601.35	
ON ROLL ASSESSMENTS		
44.21%	
30.35%	
25.44%	
100.00%	

Special Assessment Receipts Fiscal Year 2024

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	2019 Debt Service Asmt	2022 Debt Service Asmt	
Total	

11/10/23	
ACH	
$2,136.52	
$40.41	
$115.86	
$0.00	
$1,980.25	
$875.48	
$601.00	
$503.77	
$1,980.25	
11/24/23	ACH	$76,130.07	$1,461.70	$3,045.26	$0.00	$71,623.11	$31,664.91	$21,737.55	$18,220.65	$71,623.11	
12/11/23	ACH	$1,577,556.55	$30,289.08	$63,102.42	$0.00	$1,484,165.05	$656,156.24	$450,442.71	$377,566.10	$1,484,165.05	
12/22/23	ACH	$13,646.93	$264.75	$409.38	$0.00	$12,972.80	$5,735.33	$3,937.23	$3,300.23	$12,972.79	
01/10/24	ACH	$9,241.07	$178.84	$299.26	$0.00	$8,762.97	$3,874.15	$2,659.55	$2,229.27	$8,762.97	
01/10/24	ACH	$936.87	$18.17	$28.11	$0.00	$890.59	$393.73	$270.29	$226.56	$890.58	
01/31/24	ACH	$0.00	$0.00	$0.00	$1,374.77	$1,374.77	$607.79	$417.24	$349.74	$1,374.77	
02/08/24	ACH	$3,965.27	$77.72	$79.31	$0.00	$3,808.24	$1,683.64	$1,155.80	$968.80	$3,808.24	
03/08/24	ACH	$4,405.86	$87.24	$44.06	$0.00	$4,274.56	$1,889.80	$1,297.32	$1,087.43	$4,274.55	
04/08/24	ACH	$6,605.28	$132.10	$0.00	$0.00	$6,473.18	$2,861.82	$1,964.60	$1,646.75	$6,473.17	
04/08/24	ACH	$2,168.55	$43.38	$0.00	$0.00	$2,125.17	$939.55	$644.99	$540.64	$2,125.18	
04/19/24	ACH	$0.00	$0.00	$0.00	$27.02	$27.02	$11.95	$8.20	$6.87	$27.02	
05/08/24	ACH	$5,892.93	$117.86	$0.00	$0.00	$5,775.07	$2,553.19	$1,752.73	$1,469.16	$5,775.08	
05/08/24	ACH	$490.84	$9.81	$0.00	$0.00	$481.03	$212.67	$145.99	$122.37	$481.03	
06/10/24	ACH	$4,534.41	$90.69	$0.00	$0.00	$4,443.72	$1,964.59	$1,348.66	$1,130.47	$4,443.72	
06/18/24	ACH	$14,958.86	$299.18	$0.00	$0.00	$14,659.68	$6,481.11	$4,449.20	$3,729.37	$14,659.68	
07/11/24	ACH	$0.00	$0.00	$0.00	$38.45	$38.45	$17.00	$11.67	$9.78	$38.45	
	TOTAL	$	1,722,670.01	$	33,110.93	$	67,123.66	$	1,440.24	$ 1,623,875.66	$  717,922.95	$  492,844.73	$  413,107.96	$  1,623,875.64	

$

100.33%
(5,274.31)

Net Percent Collected Balance Remaining to Collect

DIRECT BILLED ASSESSMENTS

DRP FL 6 LLC	$137,301.25	$137,301.25

Date
Received	Due
Date	Check
No.	Net
Assessed	Amount
Received	General
Fund	
10/24/23	11/1/23	2118939	$68,650.63	$68,650.63	$68,650.63	
1/19/24	2/1/24	2164460	$34,325.31	$34,325.31	$34,325.31	
5/25/24	5/1/24	2224919	$34,325.31	$34,325.31	$34,325.31	
Total			$137,301.25	$137,301.25	$137,301.25	

LENNAR HOMES, LLC	$126,977.50	$126,977.50

Date
Received	Due
Date	Check
No.	Net
Assessed	Amount
Received	Series 2024
Debt Service	
8/15/24	9/1/24	2288547	$126,977.50	$126,977.50	$126,977.50	
Total			$126,977.50	$126,977.50	$126,977.50	

10

Storey Creek COMMUNITY DEVELOPMENT DISTRICT

Special Assessment Bonds, Series 2022

Fiscal Year 2024

Fiscal Year 2024
10/2/23
11/1/23
12/1/23
12/27/23
1/2/24
2/1/24
3/1/24
4/1/24
5/1/24
5/14/24
6/3/24
7/1/24
8/1/24
9/3/24

Interest Interest Interest
Transfer from Reserve Interest Interest Interest Interest Interest
Transfer from Reserve Interest Interest Interest Interest

$
$
$
$
$
$
$
$
$
$
$
$
$
$

47.70
50.09
48.35
1,844.80
51.22
57.88
54.40
58.40
56.76
5,469.78
73.03
80.84
83.87
84.22

TOTAL	$	8,061.34

TOTAL	$	-

Date	Requisition #	Contractor	Description	Requisition

Project (Construction) Fund at 09/30/23 Interest Earned/Transferred Funds thru 09/30/24
Requisitions Paid thru 09/30/24

$	10,978.03
$	8,061.34
$	-

Remaining Project (Construction) Fund	$	19,039.37

11

Storey Creek COMMUNITY DEVELOPMENT DISTRICT

Special Assessment Bonds, Series 2024

Date	Requisition #	Contractor	Description	Requisition

Fiscal Year 2024
7/31/24	1			Lennar Homes LLC		Reimbursement of Infrastructure Costs for Assessment Area 3 8/1/24	2		Boyd Civil Engineering, Inc.			Invoice #04011 - Preparation and review of AA3 Requisiton 1 8/1/24	3	Latham, Luna, Eden & Beaudine	Invoice #1299411 - Review and email correspondence of AA3 Requisition 1 9/3/24	4			Lennar Homes LLC		Reimbursement of Infrastructure Costs for Assessment Area 3

$  4,256,436.64
$	2,532.50
$	192.50
$	49,808.27

TOTAL	$  4,308,969.91

Fiscal Year 2024
3/1/24	Interest
3/4/24	Transfer from Reserve
4/1/24	Interest
4/2/24	Transfer from Reserve
5/1/24	Interest
5/2/24	Transfer from Reserve
6/3/24	Interest
6/4/24	Transfer from Reserve
7/1/24	Interest
7/2/24	Transfer from Reserve
8/1/24	Interest
8/2/24	Transfer from Reserve
9/3/24	Interest
9/4/24	Transfer from Reserve

$	9,406.71
$	363.84
$	17,058.26
$	658.41
$	16,544.39
$	635.86
$	17,173.77
$	657.38
$	16,679.58
$	635.98
$	16,730.33
$	656.23
$	199.69
$	653.48

TOTAL	$	98,053.91

Project (Construction) Fund at 02/13/24 Interest Earned/Transferred Funds thru 09/30/24
Requisitions Paid thru 09/30/24

$  4,211,769.17
$	98,053.91
$ (4,308,969.91)

Remaining Project (Construction) Fund	 $	853.17 

12