DOUBLE BRANCH
Community Development District

JUNE 11, 2018

AGENDA

Double Branch Community Development District
475 West Town Place
Suite 114 St. Augustine, Florida 32092

June 4, 2018

Board of Supervisors
Double Branch Community Development District
Staff Call In # 1-800-264-8432 Code 182247

Dear Board Members:

The Double Branch Community Development District Board of Supervisors Meeting is scheduled for Monday, June 11, 2018 at 4:00 p.m. at the Plantation Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida 32065.
Following is the advance agenda for the meeting:

Roll Call

Audience Comments

Approval of Consent Agenda
Approval of the Minutes of the May 14, 2018 Meeting

Financial Statements

Assessment Receipt Schedule

Check Register

Consideration of Resolution 2018-02, Approving the Proposed Budget for Fiscal Year 2019 and Setting a Public Hearing Date for Adoption

Other Business

Staff Reports
Attorney

Engineer

Manager

Operations Manager - Report

Audience Comments / Supervisor’s Requests

Next Scheduled Meeting – July 9, 2018 @ 4:00 p.m. at the Plantation Oaks Amenity Center

Adjournment

I look forward to seeing you at the meeting. If you have any questions, please feel free to call.

Sincerely,

James A. Perry
James A. Perry District Manager

THIRD ORDER OF BUSINESS

A.

MINUTES OF MEETING
DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Double Branch Community Development District was held Monday, May 14, 2018 at 4:00 p.m. at the Plantation Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida 32065.

Present and constituting a quorum were:

Chad Davis	Supervisor
Barry Morton	Supervisor (by phone)
Scott Thomas	Supervisor
Tom Horton	Supervisor

Also present were:
Jim Perry	District Manager
Jason Walters	District Counsel (by phone)
Jay Soriano	GMS Community Manager One Resident

FIRST ORDER OF BUSINESS	Roll Call
Mr. Perry called the meeting to order at 4:00 p.m.

SECOND ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Affidavits of Publication
Mr. Perry stated the affidavits of publication include the regular meeting and the public hearing in regards to the rates and fees that will be discussed today.

FOURTH ORDER OF BUSINESS	Approval of Consent Agenda

Approval of the Minutes of the April 9, 2018 Meeting
Financial Statements
Assessment Receipt Schedule
Check Register

May 14, 2018	Double Branch CDD

Mr. Perry stated on the assessment receipt schedule we are 98% collected. The check register totals approximately $84,000.

On MOTION by Mr. Davis seconded by Mr. Thomas with all in favor the Consent Agenda was approved.

FIFTH ORDER OF BUSINESS	Public Hearing Adopting Rates and Fees
Relating to the Use of the District Amenity Facilities
Consideration of Resolution 2018-01

On MOTION by Mr. Davis seconded by Mr. Thomas with all in favor the public hearing was opened.

Mr. Perry stated there are no members of the public here but we will go first with the discussion of the proposed rates and fees and then there is a resolution of standard form to be adopted by the Board.
Mr. Soriano stated behind the resolution you have a table of the rates. Those rates have not changed over the last couple of months that we’ve discussed this. Because this was a public notice I put the nanny pass in there that your sister district wished to discuss and they did decide to move forward with the nanny pass. We informed them this was not something you guys would choose to do. However, just for public notice and in the event you changed your minds I put it in there so we could if we wanted to. They did decide to offer it at their District and the idea is it would just be available at this facility. It cannot be used at your facility.
Mr. Horton stated I’d be curious to know in the next couple of months how many people take advantage of that.
Mr. Soriano stated I’ll report whether we get any sales. They made a change to the ability to purchase one month at a time which is still very costly but it does make it available to those that feel they can’t get their kids to the pool. They can pay $300 and it’s only available during the week. There are a bunch of rules that go along with it. I think we do have one or two that will take advantage of it but I will let you know.

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May 14, 2018	Double Branch CDD

Mr. Perry stated for clarification, that pass would be available to residents of both Districts so if you have someone in your District, you don’t have that policy to use your facilities, they can still buy it and use this facility.
Mr. Davis stated if there’s an overwhelming response we can always open it up.
Mr. Soriano stated all of the other rates are still the same so unless there are any questions on those I would ask for approval for the rates, minus the nanny pass.

On MOTION by Mr. Davis seconded by Mr. Thomas with all in favor resolution 2018-01 was approved.

On MOTION by Mr. Thomas seconded by Mr. Davis with all in favor the public hearing was closed.

SIXTH ORDER OF BUSINESS	Other Business

There being none, the next item followed.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Davis asked you said there were a couple legislation things on the radar at the last meeting. Did anything pop up?
Mr. Walters responded I’ll circulate the end of session wrap up by email. Very few things for us and for us that’s a good thing unless there’s something we’re looking for.
Engineer
Ther being none, the next item followed.
Manager – Report on the Number of Registered Voters (5,308)
Mr. Perry stated we are required by the statute to report on an annual basis the number of registered voters within the District boundaries. You have 5,308 voters. Your sister District, for informational purposes, has 4,418. Your population within both Districts is probably within the range of 18,000-24,000 so that gives you an idea of the size of community that both of you serve.
At our June meeting we will have the budget to consider for approval. In going through it currently, we don’t see any need for an increase in assessments. We think we have enough in

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May 14, 2018	Double Branch CDD

cost savings for this year and our reserve for capital items is sufficient enough. We will be looking to move forward with bidding out the landscape agreement for both districts. There is a potential there that it might have an increase but we think we can offset that increase with the savings that we’ve acquired with the lifeguards and so forth.
Mr. Horton asked why would there be an increase?
Mr. Perry responded there’s going to be some additional scope of services in regards to the contract. Plus, the previous service provider was providing a lot of services at reduced or  no cost and that was with Bill, who was here for several years and he sold his company. We’re just anticipating when we go out for bid that we might have increases. We don’t think it’s going to be substantial but from what we’ve seen with other contracts in other Districts we’ve had increases from what the current contracts are.
D.	Operations Manager - Report
Mr. Soriano stated we have finished up a lot of our District-run events that we have every year. Normally, at this time we hand it over to who the aquatics vendor was. As part of their contract they were supposed to run events at the pools through the summer. We did see a few events here and there, however that’s now District-run so we will absorb that. We are still working on plans for all of our events. We will be doing some of the same events that they have done in the past such as the “School’s Out” day. There’s a party on the last day of school and both pools will be open. Usually the bigger events I’ve tried to push towards your facility since we get overrun when we do it here. This is where everyone wants to be and when we throw in food and a DJ, it’s twice as many people here and this is the only facility we’ve had to shut down. We do those parties at your side and it’s quieter and more low-key. We will report on how that goes this summer and take ideas for the future of what we’d like to see in the summer. We had our yard sale and Spring Campout last month. The yard sale rained out a bit. The Spring Campout was great. There were well over 200 people out there. We had three food trucks so this was one of the biggest campouts that we’ve had in a long time.
Mr. Davis asked what was the laser tag event?
Mr. Soriano responded it’s called mizuko ball. They’re little foam balls, kind of like a paintball but they don’t hurt. It’s set up like paintball where they have obstacles. They really enjoy that game and we can play 20-30 people at one time.

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May 14, 2018	Double Branch CDD

Mr. Davis stated we had flag football practice and we couldn’t keep the kids attention for nothing.
Mr. Soriano stated it’s lots of fun. Laser tag we had a problem with so mizuko ball has worked out a lot better for us.
Moving on, you’ll see rentals and usage are picking up now that it’s getting to summer time. Not as high as it was last year. Our April was a little cooler than we’ve had in past springs.
Mr. Horton stated before you go on, you skipped a couple of things on the food trucks.
I’m just curious how that’s going.
Mr. Soriano stated there are some internal fights between food trucks. We’ve asked them to police themselves. We have a lot of food trucks wanting to get into a consistent rotation. They like to limit how many trucks are out there to about six trucks but the residents will email me or Tiffany asking why another truck hasn’t been asked back. I try not to get involved too much. The trucks that are there I don’t think ever complain that they don’t sell enough so I try not to step on their toes. They are running pretty smooth. Last year around the middle of the summer they had a problem with participation and I think that had more to do with it being outrageously hot out there but right now they’re doing pretty well.
On the operations side I have a few open items for you guys. The first is the park update. You’ll notice we cleared out quite a bit of that park and cleaned up a lot of the debris. We should see ground clearing for the landscape going in this month and forming for the sidewalk. I have one issue I have to mention. I’m working with the County to figure out if there’s anything else that can be done. We have one house that was built without a fence and it’s occupied by an owner. Unless I can force their hand somehow we may have to put up a vinyl section for that fence as part of finishing the park. It shouldn’t be much more than $1,000 at the most but just to inform you since it wasn’t the original plan. There’s going to be an understanding that it is their fence once it’s up. We will take care of the outside that faces the park but that will be part of their property.
Mr. Horton asked did you talk to the homeowner about that?
Mr. Soriano responded briefly and that was originally when they moved in. They liked the fact that they didn’t have a fence back there so I don’t think they’re going to be willing to

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May 14, 2018	Double Branch CDD

pay for it themselves. That should have been on the builder and that’s why I’m working with the County now.
Mr. Davis asked was that not a requirement?
Mr. Soriano responded that’s why I’m working with the County to see if that should have been done since it borders our property. I just don’t know if they’re going to say we can help you make them put it up. If they can’t it will fall on us.
Mr. Horton asked which house is it?
Mr. Soriano responded when you’re standing on Oakleaf Village Parkway and you’re looking into the park it’s on the right corner all the way at the back.
I have a couple of quotes for you guys. This is what we talked about last month. I got with R&D for the Nature’s Hammock area to give us some idea of what we can do for  blocking people from parking and tearing up our sod that’s out there. They gave me a few different options. It matches the pricing that goes along with our expected contract fees so it wouldn’t be something I would need to ask other companies to provide quotes also, however I can do that if you wish. The first two options are pretty similar. When you’re looking at the park on the right and left side there’s a 253 foot stretch that runs along that split-rail vinyl section in front of the park. Pretty much that whole length would be Ligustrum trees, grasses and Viburnum. Option A has the smaller 3-gallons which may work. They’re somewhat fast growing but at 3-gallon I would be concerned with people trampling it. You don’t really see the 3-gallon real easy so people could drive on these. Option B had Viburnum that would be twice the size, 7-gallon. The cost difference is just the size of the Viburnum but it will have the Ligustrum and grasses also. Option C is more expensive at $6,535. There would be a lot of Viburnum but also Crape Myrtles. This would match more of what we have going from the school all the way back through Waverly. You’ll see in the medians we have all Crape Myrtles. Those are a little more expensive.
Mr. Horton how tall are the Viburnum going to grow in option A?
Mr. Soriano responded it’s probably about a foot and a half tall in the 3-gallon right now but it can grow to 10 feet if you let it grow up. These are usually the plants you’ll see around everyone’s air conditioners. Within a few years it can grow the height of the air conditioner.
Mr. Horton asked is it multi-colored?

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May 14, 2018	Double Branch CDD

Mr. Soriano responded no, those red and green are a little more expensive and slower growers. They’re not a huge price difference so if we wanted to switch that we could.
Mr. Horton asked we would cut them down to the height of what?
Mr. Soriano responded when they’re mature I wouldn’t want them getting much higher than the split-rails.
Mr. Horton asked you don’t want to close the park off?
Mr. Soriano responded correct I want to be able to see through them into the park when you drive by.
Mr. Horton asked there would be gaps?
Mr. Soriano responded correct. There are going to be walk throughs in between. The Ligustrums are just to give it a little more detail.
Mr. Thomas asked I thought they were going on the other side of the street?
Mr. Soriano responded we didn’t plant anything on the other side of the street. This is going to be on the curb and sidewalks of the park. The other side sits on a preserve natural area so until that starts to look bad I don’t know that we want to spend thousands to do anything over there yet.
Mr. Thomas asked is the option C going to increase our costs because we’re going to have to cut the Crape Myrtles back?
Mr. Soriano responded not really. Right now all Crape Myrtles until they’re full and mature we do basic thinning every year but they don’t top them every year. They top new installs through the first four years until the get full and then we let them bloom. All the Crape Myrtles that have to be trimmed are included in the contract so whether we have 100 or 200, they will take care of them all.
Mr. Horton asked what’s your recommendation?
Mr. Soriano responded I like option B because it’s pretty much ready to go. I like Crape Myrtles and they match costs. I could probably put that money towards other things but we do have enough money to cover any one of these options.
Mr. Horton stated I don’t know that Crape Myrtles would look good in there. They get a little bit too big.
Mr. Soriano stated that and we really don’t have a lot of other common areas there so with that park area, all you’re going to see is Crape Myrtles right there.

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May 14, 2018	Double Branch CDD

Mr. Thomas stated I like B for the fact that they are 7-gallons. Mr. Davis stated I’m on board for B too.
Mr. Horton stated me too.
Mr. Thomas stated Barry, the amounts for A is $2,840; B is $4,289; C, the one with the Crape Myrtles, is going to be $6,500.
Mr. Morton stated B works.

On MOTION by Mr. Davis seconded by Mr. Horton with all in favor landscaping option B in the amount of $4,289 was approved.

Mr. Soriano stated the last two items are also based on landscaping. I will be asking for extra amounts of sodding tonight. We generally get 10,000 square feet of sodding every year as part of our contract. It’s been a few years since I’ve asked for more money. For that amount there are lots of areas that we classify as low priority and we don’t get to as part of that 10,000 square feet. We are doing pretty well financially so I’d like to ask for an extra 10,000 square feet of sodding. In our contract that runs about $4,500. We have some islands that are always last in line. We take care of the amenity center and major roadways first whenever there is damage and we go down that priority list and we never really get into the neighborhood areas unless we’re doing extra amounts. Since we’re doing well I think it’s a good year to do it. I think the last time we did it was about three years ago.
Mr. Horton stated I’ve seen some areas that are being cleaned up like over by the
school.
Mr. Soriano stated those are areas that they are sodding right now. They’re finishing up
our 10,000 that’s part of our contract.
Mr. Horton asked but there are more areas? Mr. Soriano responded yeah.
Mr. Thomas stated I’m okay with it if it continues the beautification of our neighborhood.
Mr. Soriano stated I’d like to ask for an amount not to exceed $4,500. Mr. Horton asked you’re talking about the packet fee?

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May 14, 2018	Double Branch CDD

Mr. Soriano responded this is going to be next. We’re getting ready to do an RFP for landscaping.
Mr. Horton stated I’m okay with it.

On MOTION by Mr. Davis seconded by Mr. Thomas with all in favor additional sod in amount not to exceed $4,500 was approved.

Mr. Soriano stated this is our fifth year of the landscape contract. Every five years we let our landscape contractor know that whether we’re happy with service or not we go out for bid to help keep numbers reasonable. This is a calendar based on the last time we did this back in 2013. We will do a public notice and I’ll invite a lot of contractors out to look at the place. We go through a lot of meetings and emails with them to provide scope of service and answer questions. Both Jason and I will work with the landscape vendors and I even rent a bus and we do a tour through both districts so they can get a good visual on everything and ask questions. We will have the bid opening here so you guys can see the numbers and then a month later we will go through rating and accepting. This calendar is a month earlier than the last time we did it. We will accept it the same date in August but I’m starting the process a month earlier and this will help me with numbers because I do see an increase. The gentleman that owned the landscape company was living here. He did the install for everything in Oakleaf and he was able to keep costs low. With every RFP he was either the lowest or second lowest. It doesn’t mean we need to stick to that. There are a lot of things we could sink more money into and we’d get better landscaping. It doesn’t always work out like that but they were generally pretty low cost. I don’t see us getting that with the new company that has taken over. In fact, it took a little while in some of these meetings to get them to understand that. It’s a big contract and we have a lot of area we have to take care of. They are doing better but we want to make sure all of our bases are covered for this RFP and then we will open it up to all of the commercial landcape companies that meet the requirements. The packet fee is for the extra work involved and it limits a lot of companies from coming out when they can’t even handle this type of work or meet the requirements. That is normal with the RFP process.
Mr. Horton asked generally, the company that has it now, are they doing good or
better?

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May 14, 2018	Double Branch CDD

Mr. Soriano responded they’re doing pretty good right now. It took them a little while to understand the contract. The contract is pretty typical for a lot of other districts, it’s just the cost and detail there. For instance, the extra work that’s been added in over the years for the soccer fields would typically be a whole other contract so they had to learn the extra weeding, fertilizing aeration, and number of cuts they do out there. They’ve been here for this last year and they’re starting to get it down pretty good. I’m pretty happy with them but they’ve told me they’re concerned with what they’re providing right now for their costs. I’m going to try to use some of those savings in other budget lines and move it to that landscape increase that I’ll be expecting. If we end up getting something cheaper then we will have a savings on that line but I’ll do that just to be prepared for budget time. We will do the award in August but we will have already provided you a couple of versions of the budget by then.
Mr. Horton stated a lot of our money goes toward the landscaping.
Mr. Soriano stated I will come back next month. Jason and I will talk about this a little more before we send out the notice. We will set a committee and dates and times for the actual award so that everyone knows when it takes place and the process involved but for now it’s just to let you know the tentative dates. That’s it for my report unless there are any questions.
Mr. Thomas stated I see that we’re almost done. Is he going to have to shut the road down to put the caps on there?
Mr. Soriano responded I’m hoping not, although we did get clearance from the County to shut the roads down if we need to. When we took the cap down we didn’t need to shut the road down. It’s a little more precarious putting it up there and making sure it’s in a safe spot but we shouldn’t need to and the County gave us a plan if we do.
Mr. Horton asked what’s the completion date?
Mr. Soriano responded he was hoping to have it done this week but with the rain that probably won’t happen. We still have to secure it up top. Until that one fades out a little bit, it’s going to stand out compared to the other columns. He did a good job matching the bricks since they’re not the original style.
Mr. Horton asked what’s going on with the school bus accident where the two sections of fence were taken out.
Mr. Soriano responded we will take care of that even though it’s not really done through us. Clay County School District takes care of everything so they will pay for it. I

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May 14, 2018	Double Branch CDD

haven’t talked to the insurance adjuster for them yet but they agreed to everything and understand that they to.
Mr. Horton asked but that’s our fence right?
Mr. Soriano responded that’s our fence. They also have to pay for the damage to the main line. There’s going to be sodding there because the bus really dug in. They’ve already come in and dug up the resident’s backyard because the bus dropped a lot of diesel so environmental had to come in and dig up fertile yard. They talked to me to get permission to bring the big equipment through our property. Once her area is done then they can start working on our fence. The main line work has already been repaired.
Mr. Horton asked what’s the rough completion date?
Mr. Soriano responded that will be on them. We can take care of what we need but the completion date for me is when they pay us back for everything and it’s really based on their insurance adjuster.
Mr. Thomas asked now that this has passed when do they plan on working on the
park?
Mr. Soriano responded I would like to try to get them to do that this month. This is
prime time for install because of good weather. I’d like to see all of the new installs go in.
Mr. Horton stated speaking of that other park you’re talking about, I’ve been by there twice and somebody has been parking on that grass. Can we put some plants across that so people can’t drive back in there?
Mr. Soriano responded we can. I’d rather just tell them it’s not for public use. We put the split-rail up across the front when it became ours but the builder didn’t take the sign down. It’s really up to you guys. We can put in some grasses or something like that.
Mr. Horton asked are the residents complaining?
Mr. Soriano responded I do have one resident that will usually point everything out to
me.
Mr. Horton asked do we have irrigation?
Mr. Soriano responded there’s no irrigation there but it gets feed over from the
sidewalk. We can put sod in there if you want. I don’t know that it would be a good idea because it backs up to that unsold undeveloped property.

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May 14, 2018	Double Branch CDD

Mr. Horton stated I’m just saying if there’s irrigation there then the reason for not parking there is because you’d damage the sprinkler heads.
Mr. Soriano stated besides posting stuff on cars, I actually have a letter that has my name. I take down the license plate number and take pictures of it. I’ll also pass this along to the two master association presidents for them to help out because they’ll call me and tell me there’s someone parked on the common grounds. They take a picture, they tell me when they noticed it, they write the VIN number and address on it so I can tell who the culprit is and when they were there. I’ll let them slide one time and after that if I find them anywhere I have them towed.

EIGHTH ORDER OF BUSINESS	Audience Comments / Supervisors’
Requests
Mr. Ken Johnson stated the lighting over at the phase one tennis courts are a waste. If you’ve got them out there just to keep people away or to keep it safe that’s another matter. Does the Sheriff’s office give you a monthly or quarterly summary of the amount of patrols the do in the neighborhood and statistics on the stealing and stuff that goes on?
Mr. Soriano responded no there are only two beat officers that stay on the road on a regular basis.
Mr. Ken Johnson stated stealing and that sort of stuff has gone up over the years. I don’t know if you’ve noticed it or not. Of course there are more people here too. I just wondered how well you’re connected. My wife won’t let me carry a gun but I’m considering it. I’m past military anyhow but it’s getting to the point where I feel like I have to do that just to be safe.
Mr. Horton stated the CDD does pay officers extra. There is one officer during the week and two during the weekends.
Mr. Ken Johnson asked what about cameras for the main entrances? Mr. Horton responded we don’t have any.
Mr. Ken Johnson asked is it a consideration? When you get a call about something stolen in the neighborhood you know about the time it happened and many times you can just look at the camera.
Mr. Soriano responded we’ve talked about it before with things like the parks and playgrounds, but not on the roadways and entrances.

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May 14, 2018	Double Branch CDD

Mr. Horton stated in addition to the CDD I used to coordinate with the HOA for phase one that they pay the Sheriff’s department to come out and monitor things during the early evening hours just about every night except for the weekends. The HOA pays for 60 hours a month. There used to be reports but they did away with that.
Mr. Ken Johnson stated the biggest problem are the driveways because we let our builders get away with planting crummy trees and it’s really going to cost the people of this community an awful lot of money.
Mr. Davis stated I’m on board with you 100% on that.
Mr. Ken Johnson stated I don’t think there’s anything you can do about it.

NINTH ORDER OF BUSINESS	Next Scheduled Meeting
Mr. Perry stated the next scheduled meeting is June 11, 2018, 4:00 p.m. at Plantation Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Davis seconded by Mr. Thomas with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

13

B.

Double Branch
Community Development District
Unaudited Financial Reporting April 30, 2018

DOUBLE BRANCH
Community Development District Combined Balance Sheet
April 30, 2018

General		

Recreation	Governmental Fund Types

Capital Reserve	
Debt Service		
Capital Projects		Totals (Memorandum Only)	

ASSETS:										
Cash	$89,933		$174,193	$124,432	---		---		$388,557	
Petty Cash	---		$672	---	---		---		$672	
Investments:										
Series 2013A-1										
Revenue	---		---	---	$1,946,469		---		$1,946,469	
Reserve A1	---		---	---	$868,932		---		$868,932	
Interest A1	---		---	---	---		---		$0	
Acquisition and Construction	---		---	---	---		$49,272		$49,272	
Series 2013A-2										
Reserve A2	---		---	---	$101,941		---		$101,941	
Interest A2	---		---	---	---		---		$0	
Excess Revenue	---		---	---	$40,594		---		$40,594	
Prepayment	---		---	---	$3,166		---		$3,166	
Operations										
Custody Account-General Fund Excess	$68,870		---	---	---		---		$68,870	
Custody Account-Recreation Fund Excess	---		$1,217,334	---	---		---		$1,217,334	
Custody Account-Recreation Fund Reserve	---		---	$818,035	---		---		$818,035	
Prepaid Expenses	$3,719		$7,956	---	---		---		$11,675	
Assessments Receivable	---		---	---	---		---		$0	
Due From General Fund	---		$29,482	---	---		---		$29,482	
Due From Capital Reserve Fund	---		---	---	---		---		$0	
Due from Rec Fund	$14,594		---	---	---		---		$14,594	
Due from Other	---		$26	---	---		---		$26	
Electric Deposits	---		$4,500	---	---		---		$4,500	
TOTAL ASSETS	$177,116		$1,434,162	$942,467	$2,961,102		$49,272		$5,564,119	
LIABILITIES:										
Accounts Payable	$3,177		$135,416	---	---		---		$138,592	
Accrued Expenses	---		---	---	---		---		$0	
Fica Payable	---		---	---	---		---		$0	
Due to Capital Reserve	---		---	---	---		---		$0	
Due to Rec Fund	---		---	---	---		---		$0	
Due to Debt Service	---		---	---	---		---		$0	
Due to General Fund	---		$5,724	---	---		---		$5,724	
Due to Middle Village	---		---	---	---		---		$0	
Deferred Rental Revenue	---		$8,435	---	---		---		$8,435	
FUND BALANCES:										
Nonspendable	---		$4,500	---	---		---		$4,500	
Restricted for Debt Service	---		---	---	$2,961,102		---		$2,961,102	
Restricted for Capital Projects	---		---	---	---		$49,272		$49,272	
Assigned	$2,000		---	$942,467	---		---		$944,467	
Unassigned	$171,939		$1,280,087	---	---		---		$1,452,026	

TOTAL  LIABILITIES & FUND EQUITY	$177,116	$1,434,162	$942,467	$2,961,102	$49,272	$5,564,119

Page 1

DOUBLE BRANCH
Community Development District GENERAL FUND
Statement of Revenues & Expenditures
For The Period Ending April 30, 2018

	ADOPTED BUDGET	PRORATED BUDGET THRU 04/30/2018	ACTUAL THRU 04/30/2018	
VARIANCE	

Assessment - Tax Roll	
$178,985	
$178,985	
$176,040	
($2,945)	
Interest Income	$200	$117	$105	($11)	
Miscellaneous Income	$0	$0	$274	$274	
TOTAL REVENUES	$179,185	$179,102	$176,420	($2,682)	

EXPENDITURES:					
Administrative					
Supervisors Fees	$12,000	$7,000	$6,600	$400	
FICA Expense	$918	$536	$505	$31	
Engineering	$5,000	$2,917	$488	$2,429	
Arbitrage	$700	$408	$700	($292)	
Dissemination	$1,333	$778	$633	$144	
Assessment Roll	$7,520	$7,520	$7,520	$0	
Attorney	$42,000	$24,500	$10,911	$13,589	
Annual Audit	$5,900	$3,442	$0	$3,442	
Trustee fees	$8,014	$4,675	$4,295	$380	
Management Fees	$57,657	$33,633	$33,633	$0	
Information Technology	$1,942	$1,133	$1,133	($0)	
Telephone	$290	$169	$189	($20)	
Postage	$1,900	$1,108	$1,284	($176)	
Printing & Binding	$3,400	$1,983	$1,124	$859	
Records Storage	$300	$175	$0	$175	
Insurance	$8,350	$8,350	$8,350	$0	
Legal Advertising	$2,000	$1,167	$784	$382	
Property Taxes	$0	$0	$1,896	($1,896)	
Office Supplies	$350	$204	$175	$29	
Dues, Licenses, Subscriptions	$175	$175	$175	$0	
Reserve	$19,436	$0	$0	$0	
TOTAL EXPENDITURES	$179,185	$99,872	$80,396	$19,476	
					
EXCESS REVENUES (EXPENDITURES)	$0		$96,023		
					
FUND BALANCE - Beginning	$0		$77,916		
					
FUND BALANCE - Ending	$0		$173,939		

Page 2

DOUBLE BRANCH
Community Development District
RECREATION AND FACILITIES MAINTENANCE
Statement of Revenues & Expenditures For The Period Ending April 30, 2018

	ADOPTED BUDGET	PRORATED BUDGET THRU 04/30/2018	ACTUAL THRU 04/30/2018	
VARIANCE	
REVENUES:					
Maintenance Assessments-Tax Roll	$1,462,648	$1,462,648	$1,438,584	($24,064)	
Interest Income	$1,000	$583	$1,078	$495	
Amenities Revenue	$33,690	$19,653	$26,063	$6,410	
Soccer Revenue	$8,122	$4,738	$10,090	$5,352	
TOTAL REVENUES	$1,505,460	$1,487,622	$1,475,815	($11,807)	

EXPENDITURES:					
Administrative:					
Management Fees - Onsite	$95,470	$55,691	$55,691	$0	
Insurance	$62,789	$62,789	$59,192	$3,597	
Other Current Charges	$3,818	$2,227	$2,162	$66	
Permit Fees	$1,635	$954	$108	$846	
Total Administrative	$163,712	$121,661	$117,152	$4,508	

Maintenance:					
Common Area					
Security	$50,920	$29,703	$29,651	$53	
Security - Clay County Off Duty Sheriff	$43,050	$25,113	$21,187	$3,926	
Water - Irrigation	$9,000	$5,250	$1,568	$3,682	
Irrigation Maintenance	$4,250	$2,479	$895	$1,585	
Streetlighting	$33,066	$19,289	$16,610	$2,678	
Electric	$42,000	$24,500	$21,429	$3,071	
Landscape Maintenance	$315,774	$184,202	$184,202	$0	
Common Area Maintenance	$43,564	$25,412	$17,966	$7,446	
Lake Maintenance	$28,116	$16,401	$14,900	$1,501	
Landscape Reserve	$35,000	$20,417	$468	$19,949	
Contingency	$1,985	$1,158	$0	$1,158	
Capital Reserve (1)	$15,565	$9,080	$0	$9,080	
Misc. Maintenance	$2,986	$1,742	$0	$1,742	
General Reserve	$22,894	$13,355	$4,510	$8,845	
Total Common Area	$648,170	$378,099	$313,384	$64,715	

Recreation Facility					
Aquatics & Fitness Manager/Staff	$50,744	$29,601	$21,143	$8,457	
Amenity Payroll	$0	$0	$14,594	($14,594)	
Pool Attendants	$107,650	$3,019	$5,170	($2,151)	
Refuse Service	$6,120	$3,570	$4,502	($932)	
Telephone	$4,500	$2,625	$2,046	$579	
Electric	$47,000	$27,417	$19,197	$8,220	
Cable	$4,752	$2,772	$4,736	($1,964)	
Pool Maintenance/Chemicals	$56,616	$33,026	$31,312	$1,714	
Water/Sewer/Reclaim	$65,000	$37,917	$26,907	$11,009	
Facility Maintenance - General	$27,500	$16,042	$16,036	$6	
Facility Maintenance - Preventative Contracts	$5,617	$3,277	$2,990	$287	
Facility Maintenance - Contingency	$29,750	$17,354	$17,205	$149	
Lighting Repairs	$8,500	$4,958	$4,902	$57	
Special Events	$10,500	$6,125	$8,417	($2,292)	
Office Supplies and Equipment	$4,000	$2,333	$1,615	$718	
Janitorial	$31,512	$18,382	$16,760	$1,622	
Recreation Passes	$7,565	$4,413	$1,594	$2,819	

Page 3

DOUBLE BRANCH
Community Development District
RECREATION AND FACILITIES MAINTENANCE
Statement of Revenues & Expenditures For The Period Ending April 30, 2018

	ADOPTED BUDGET	PRORATED BUDGET THRU 04/30/2018	ACTUAL THRU 04/30/2018	
VARIANCE	

Recreation Facility-Continued
Repairs & Replacement	

$79,025	

$46,098	

$36,676	

$9,422	
Pool Pump Reserve	$9,500	$5,542	$0	$5,542	
Pool Leak Repairs	$5,000	$2,917	$0	$2,917	
Soccer Field	$21,250	$12,396	$0	$12,396	
Total Recreation Facility	$582,102	$279,783	$235,803	$43,980	

Fitness Center
Staffing	

$55,517	

$32,385	

$33,010	

($625)	
Telephone	$1,092	$637	$0	$637	
Electric	$12,300	$7,175	$7,331	($156)	
Cable	$4,169	$2,432	$0	$2,432	
Facility Maintenance - General	$8,000	$4,667	$4,510	$156	
Facility Maintenance - Preventative	$7,500	$4,375	$2,066	$2,309	
Facility Maintenance - Contingency	$5,000	$2,917	$0	$2,917	
Office Supplies and Equipment	$2,664	$1,554	$160	$1,394	
Janitorial	$13,435	$7,837	$9,798	($1,961)	
Repair and Replacements	$1,800	$1,050	$1,174	($124)	
Total Exercise Facility	$111,477	$65,028	$58,048	$6,980	
					
Total Maintenance	$1,341,748	$722,910	$607,235	$115,675	
					
TOTAL EXPENDITURES	$1,505,460	$844,571	$724,388	$120,183	
					
EXCESS REVENUES (EXPENDITURES)	($0)		$751,427		
					
FUND BALANCE - Beginning	$0		$533,159		
					
FUND BALANCE - Ending	($0)		$1,284,587		

Page 4

Double Branch
Community Development District Month by Month Income Statement General Fund

October	
November	
December	
January	
February	
March	
April	
May		
June		
July		
August	
September	
Total	

Revenues:																	
Assessment - Tax Roll	$0	$36,134	$131,788	$2,394	$1,035	$1,283	$3,406		$0		$0		$0	$0	$0	$176,040	
Interest Income	$2	$2	$2	$21	$30	$25	$23		$0		$0		$0	$0	$0	$105	
Miscellaneous Income	$0	$0	$0	$0	$0	$0	$274		$0		$0		$0	$0	$0	$274	
Total Revenues	$2	$36,136	$131,790	$2,415	$1,065	$1,308	$3,703		$0		$0		$0	$0	$0	$176,420	

Expenditures:																	
Administrative
Supervisors Fees	
$1,000	
$1,000	
$1,000	
$1,000	
$1,000	
$600	
$1,000		
$0		
$0		
$0	
$0	
$0	
$6,600	
FICA Expense	$77	$77	$77	$77	$77	$46	$77		$0		$0		$0	$0	$0	$505	
Engineering	$98	$0	$195	$0	$195	$0	$0		$0		$0		$0	$0	$0	$488	
Arbitrage	$0	$0	$0	$0	$0	$0	$700		$0		$0		$0	$0	$0	$700	
Dissemination	$83	$83	$83	$83	$83	$83	$133		$0		$0		$0	$0	$0	$633	
Assessment Roll	$7,520	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$7,520	
Attorney	$2,046	$2,036	$1,845	$0	$2,792	$2,193	$0		$0		$0		$0	$0	$0	$10,911	
Annual Audit	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Trustee fees	$0	$0	$0	$0	$0	$4,295	$0		$0		$0		$0	$0	$0	$4,295	
Management Fees	$4,805	$4,805	$4,805	$4,805	$4,805	$4,805	$4,805		$0		$0		$0	$0	$0	$33,633	
Computer Time	$162	$162	$162	$162	$162	$162	$162		$0		$0		$0	$0	$0	$1,133	
Telephone	$9	$21	$12	$34	$32	$23	$57		$0		$0		$0	$0	$0	$189	
Postage	$168	$178	$164	$223	$153	$162	$236		$0		$0		$0	$0	$0	$1,284	
Printing & Binding	$200	$143	$148	$152	$225	$245	$13		$0		$0		$0	$0	$0	$1,124	
Records Storage	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Insurance	$8,350	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$8,350	
Legal Advertising	$127	$65	$65	$63	$65	$116	$284		$0		$0		$0	$0	$0	$784	
Property Taxes	$1,536	$0	$0	$0	$0	$0	$361		$0		$0		$0	$0	$0	$1,896	
Office Supplies	$24	$30	$24	$46	$0	$23	$30		$0		$0		$0	$0	$0	$175	
Dues, Licenses, Subscriptions	$175	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$175	
Reserve	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Total Administrative	$26,378	$8,598	$8,579	$6,644	$9,588	$12,752	$7,856		$0		$0		$0	$0	$0	$80,396	
																	
Excess Revenues (Expenditures)	($26,376)	$27,537	$123,211	($4,229)	($8,523)	($11,444)	($4,153)		$0		$0		$0	$0	$0	$96,023	

Page 5

Double Branch Community Development District Month by Month Income Statement
Recreation Fund

October	
November	
December	
January	
February	
March	
April	
May		
June		
July		
August	
September	
Total	
Revenues:																	
Maintenance Assessments-Tax Roll	$0	$295,281	$1,076,957	$19,566	$8,457	$10,486	$27,836		$0		$0		$0	$0	$0	$1,438,584	
Interest Income	$92	$72	$59	$187	$248	$202	$218		$0		$0		$0	$0	$0	$1,078	
Amenities Revenue	$2,936	$2,684	$2,428	$6,114	($257)	$5,905	$6,254		$0		$0		$0	$0	$0	$26,063	
Soccer Revenue	$1,220	$2,600	$0	$1,020	$0	$5,250	$0		$0		$0		$0	$0	$0	$10,090	
Total Revenues	$4,248	$300,637	$1,079,443	$26,887	$8,449	$21,843	$34,308		$0		$0		$0	$0	$0	$1,475,815	

Expenditures:																	
Administrative
Management Fees - Onsite	
$7,956	
$7,956	
$7,956	
$7,956	
$7,956	
$7,956	
$7,956		
$0		
$0		
$0	
$0	
$0	
$55,691	
Insurance	$59,192	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$59,192	
Other Current Charges	$267	$373	$414	$233	$287	$294	$295		$0		$0		$0	$0	$0	$2,162	
Permit Fees	$0	$27	$54	$0	$0	$27	$0		$0		$0		$0	$0	$0	$108	
Total Administrative	$67,415	$8,355	$8,423	$8,188	$8,243	$8,277	$8,251		$0		$0		$0	$0	$0	$117,152	

MAINTENANCE- Common Area
Security	

$4,236	

$4,236	

$4,236	

$4,236	

$4,236	

$4,236	

$4,236		

$0		

$0		

$0	

$0	

$0	

$29,651	
Security - Clay County Off Duty Sheriff	$1,540	$2,523	$2,468	$4,007	$3,743	$3,068	$3,840		$0		$0		$0	$0	$0	$21,187	
Water - Irrigation	$286	$252	$276	$232	$174	$174	$174		$0		$0		$0	$0	$0	$1,568	
Irrigation Maintenance	$0	$895	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$895	
Streetlighting	$2,548	$2,548	$2,022	$2,373	$2,373	$2,373	$2,373		$0		$0		$0	$0	$0	$16,610	
Electric	$3,329	$3,074	$2,885	$3,780	$3,392	$2,495	$2,474		$0		$0		$0	$0	$0	$21,429	
Landscape Maintenance	$26,315	$26,315	$26,315	$26,315	$26,315	$26,315	$26,315		$0		$0		$0	$0	$0	$184,202	
Common Area Maintenance	$2,521	$964	$2,415	$3,674	$1,885	$1,940	$4,567		$0		$0		$0	$0	$0	$17,966	
Lake Maintenance	$1,970	$1,970	$1,970	$1,970	$3,080	$1,970	$1,970		$0		$0		$0	$0	$0	$14,900	
Landscape Reserve	$0	$0	$0	$468	$0	$0	$0		$0		$0		$0	$0	$0	$468	
Contingency	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Capital Reserve (1)	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Misc. Maintenance	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
General Reserve	$0	$0	$0	$0	$1,727	$0	$2,783		$0		$0		$0	$0	$0	$4,510	
Total Common Area	$42,744	$42,776	$42,586	$47,054	$46,923	$42,570	$48,732		$0		$0		$0	$0	$0	$313,384	

Page 6

Double Branch Community Development District Month by Month Income Statement
Recreation Fund

October	
November	
December	
January	
February	
March	
April	
May		
June		
July		
August	
September	
Total	

Recreation Facility																	
Aquatics & Fitness Manager/Staff	$4,229	$4,229	$4,229	$4,229	$4,229	$0	$0		$0		$0		$0	$0	$0	$21,143	
Amenity Payroll	$0	$0	$0	$0	$0	$8,870	$5,724		$0		$0		$0	$0	$0	$14,594	
Pool Attendants	$3,019	$0	$0	$0	$0	$2,151	$0		$0		$0		$0	$0	$0	$5,170	
Refuse Service	$0	$1,585	$0	$568	$0	$1,766	$583		$0		$0		$0	$0	$0	$4,502	
Telephone	$343	$298	$416	$219	$94	$444	$231		$0		$0		$0	$0	$0	$2,046	
Electric	$4,343	$3,949	$2,448	$2,407	$2,416	$2,310	$1,324		$0		$0		$0	$0	$0	$19,197	
Cable	$771	$653	$534	$784	$546	$784	$665		$0		$0		$0	$0	$0	$4,736	
Pool Maintenance/Chemicals	$4,095	$4,095	$4,152	$4,152	$5,537	$4,152	$5,129		$0		$0		$0	$0	$0	$31,312	
Water/Sewer/Reclaim	$3,364	$4,375	$5,118	$3,734	$2,823	$3,289	$4,205		$0		$0		$0	$0	$0	$26,907	
Facility Maintenance - General	$2,290	$2,290	$2,291	$2,292	$2,289	$2,289	$2,295		$0		$0		$0	$0	$0	$16,036	
Facility Maintenance - Preventative Contracts	$2,230	$0	$225	$155	$225	$0	$155		$0		$0		$0	$0	$0	$2,990	
Facility Maintenance - Contingency	$2,477	$2,376	$2,479	$2,480	$2,503	$2,409	$2,481		$0		$0		$0	$0	$0	$17,205	
Lighting Repairs	$701	$689	$709	$710	$711	$675	$707		$0		$0		$0	$0	$0	$4,902	
Special Events	$2,297	$3,529	$1,434	$0	$0	$702	$455		$0		$0		$0	$0	$0	$8,417	
Office Supplies and Equipment	$0	$256	$614	$0	$0	$745	$0		$0		$0		$0	$0	$0	$1,615	
Janitorial	$2,079	$2,444	$2,079	$3,295	$2,079	$2,705	$2,079		$0		$0		$0	$0	$0	$16,760	
Recreation Passes	$0	$0	$232	$681	$0	$681	$0		$0		$0		$0	$0	$0	$1,594	
Repairs & Replacement	$8,543	$7,934	$2,388	$10,130	$2,742	$1,504	$3,435		$0		$0		$0	$0	$0	$36,676	
Pool Pump Reserve	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Pool Leak Repairs	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Soccer Fields	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
	$40,781	$38,701	$29,348	$35,835	$26,194	$35,475	$29,469		$0		$0		$0	$0	$0	$235,803	

Exercise Facility																	
Staffing	$4,744	$4,399	$4,493	$4,650	$4,273	$5,225	$5,225		$0		$0		$0	$0	$0	$33,010	
Telephone	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Electric	$1,340	$1,173	$665	$1,382	$1,112	$901	$758		$0		$0		$0	$0	$0	$7,331	
Cable	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Facility Maintenance - General	$659	$667	$567	$667	$697	$577	$676		$0		$0		$0	$0	$0	$4,510	
Facility Maintenance - Preventative	$471	$0	$471	$0	$843	$280	$0		$0		$0		$0	$0	$0	$2,066	
Facility Maintenance - Contingency	$0	$0	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$0	
Office Supplies and Equipment	$26	$0	$0	$0	$105	$0	$29		$0		$0		$0	$0	$0	$160	
Janitorial	$1,240	$1,891	$1,257	$1,257	$1,841	$1,206	$1,106		$0		$0		$0	$0	$0	$9,798	
Repair and Replacements	$648	$526	$0	$0	$0	$0	$0		$0		$0		$0	$0	$0	$1,174	
Total Exercise Facility	$9,128	$8,656	$7,453	$7,956	$8,871	$8,190	$7,794		$0		$0		$0	$0	$0	$58,048	
																	
Total Expenses	$160,069	$98,489	$87,810	$99,033	$90,231	$94,511	$94,245		$0		$0		$0	$0	$0	$724,388	
																	
Excess Revenues (Expenditures)	($155,821)	$202,148	$991,634	($72,145)	($81,782)	($72,668)	($59,938)		$0		$0		$0	$0	$0	$751,427	

Page 7

DOUBLE BRANCH
Community Development District Capital Reserve Fund
Statement of Revenues & Expenditures
For The Period Ending April 30, 2018

	ADOPTED BUDGET	PRORATED THRU 04/30/2018	ACTUAL THRU 04/30/2018	
VARIANCE	
REVENUES:					
Interest Income	$1,000	$583	$952	$368	
Landscape Reserve - Transfer In	$35,000	$0	$0	$0	
Capital Reserve - Transfer In	$15,565	$0	$0	$0	
Pool Pump Reserve - Transfer in	$9,500	$0	$0	$0	
General Reserve - Transfer in	$22,894	$0	$0	$0	
General Fund Reserve- Transfer in	$19,436	$0	$0	$0	
TOTAL REVENUES	$103,395	$583	$952	$368	

EXPENDITURES:					
Other Current Charges	$0	$0	$0	$0	
Landscape Reserve	$0	$0	$0	$0	
Capital Projects	$0	$0	$0	$0	
Pool Pump Reserve	$0	$0	$0	$0	
General Reserve	$0	$0	$0	$0	
TOTAL EXPENDITURES	$0	$0	$0	$0	
					
EXCESS REVENUES (EXPENDITURES)	$103,395		$952		
					
FUND BALANCE - Beginning	$838,330		$941,516		
					
FUND BALANCE - Ending	$941,725		$942,467		

Page 8

DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE FUND
Series 2013 A-1, & 2013 A-2 Special Assessment Bonds Statement of Revenues & Expenditures
For The Period Ending April 30, 2018

ADOPTED BUDGET	PRORATED	ACTUAL THRU 04/30/2018 THRU 04/30/2018	
VARIANCE	

Revenues:					
Special Assessments - Tax Roll	$1,962,561	$1,962,561	$1,932,457	($30,104)	
Interest Income	$6,000	$3,500	$14,012	$10,512	
TOTAL REVENUES	$1,968,561	$1,966,061	$1,946,469	($19,592)	

Expenditures:					
Series 2013 A-1
Interest Expense - 11/1	
$417,973	
$417,973	
$408,304	
$9,669	
Interest Expense - 5/1	$417,973	$0	$0	$0	
Principal Expense 5/1	$910,000	$0	$0	$0	
Series 2013 A-2
Interest Expense - 11/1	
$62,963	
$62,963	
$62,963	
$0	
Prepayment Call 11/1	$25,000	$0	$0	$0	
Interest Expense - 5/1	$62,963	$0	$0	$0	
Principal Expense 5/1	$80,000	$0	$0	$0	
Principal Expense 5/1 (Prepayment)	$0	$0	$0	$0	
TOTAL EXPENDITURES	$1,976,871	$480,936	$471,267	$9,669	
					
EXCESS REVENUES (EXPENDITURES)	($8,310)		$1,475,202		

Other Sources/(Uses)					
Interfund Transfer In and (Out)	$0	$0	$0	$0	
Other Debt Service Cost	$0	$0	$0	$0	
TOTAL OTHER	$0	$0	$0	$0	
					
Net change in Fund Balance	($8,310)		$1,475,202		
					
FUND BALANCE - Beginning	$519,790		$1,485,899		
					
FUND BALANCE - Ending	$511,480		$2,961,102		

Page 9

DOUBLE BRANCH
Community Development District CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures
For The Period Ending April 30, 2018

	
SERIES	
	2013 A-1 AND A-2	
REVENUES:		
Interest Income	$307	
TOTAL REVENUES	$307	

EXPENDITURES:		
Capital Outlay - Series 2013 A1 and A2	$0	
Cost of Issuance	$0	
TOTAL EXPENDITURES	$0	
		
EXCESS REVENUES (EXPENDITURES)	$307	
		
FUND BALANCE - Beginning	$48,965	
		
FUND BALANCE - Ending	$49,272	

Page 10

Double Branch
Community Development District Long Term Debt Report

Series 2013 A-1 Special Assessment Refunding Bonds	
Interest Rate:	1.3%-4.25%	
Maturity Date:	5/1/34	
Reserve Fund Definition:	50% Max Annual on Outstanding	
Reserve Fund Requirement:	$868,932	
Reserve Fund Balance:	$868,932	
Bonds outstanding - 9/30/2013	$24,850,000	
Less: November 1, 2013	$0	
Less: May 1, 2014 (Mandatory)	($860,000)	
Less: May 1, 2015 (Mandatory)	($875,000)	
Less: May 2, 2016 (Mandatory)	($890,000)	
Less: May 2, 2017 (Mandatory)	($910,000)	

Current Bonds Outstanding	$21,315,000	

Series 2013 A-2 Special Assessment Refunding Bonds	
Interest Rate:	5.750%	
Maturity Date:	5/1/34	
Reserve Fund Definition:	50% Max Annual on Outstanding	
Reserve Fund Requirement:	$105,106	
Reserve Fund Balance:	$101,941	
Bonds outstanding - 9/30/2013	$2,900,000	
Less: November 1, 2013 (Prepayment)	($145,000)	
Less: May 1, 2014 (Mandatory)	($75,000)	
Less: November 1, 2014 (Prepayment)	($75,000)	
Less: May 1, 2015 (Mandatory)	($75,000)	
Less: May 1, 2015 (Prepayment)	($45,000)	
Less: November 1, 2015 (Prepayment)	($50,000)	
Less: May 2, 2016 (Mandatory)	($75,000)	
Less: May 2, 2016 (Prepayment)	($35,000)	
Less: November 1, 2016 (Prepayment)	($35,000)	
Less: May 2, 2017 (Mandatory)	($75,000)	
Current Bonds Outstanding	$2,215,000	

Page 11		

C.

DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT
Fiscal Year 2018 Assessments Receipts Summary

ASSESSED	
# UNITS ASSESSED	SERIES 2013A DEBT SERVICE ASSESSED	GENERAL FUND O&M ASSESSED	RECREATION FUND O&M ASSESSED	
TOTAL ASSESSED	

NET TAX ROLL ASSESSED NET

TOTAL ASSESSED	
45,484	
1,963,130.49	
178,834.52	
1,461,418.30	
3,603,383.31	
	45,484	1,963,130.49	178,834.52	1,461,418.30	3,603,383.31	

SUMMARY OF TAX ROLL RECEIPTS	

CLAY COUNTY DISTRIBUTION	

DATE RECEIVED	

TOTAL RECEIVED	SERIES 2013A DEBT SERVICE RECEIVED	GENERAL FUND O&M RECEIPTS	RECREATION FUND O&M RECEIPTS	
1	11/15/17	125,146.17	68,179.89	6,210.96	50,755.32	
2	11/30/17	602,920.13	328,472.10	29,922.69	244,525.34	
3	12/12/17	2,378,821.52	1,295,986.76	118,059.99	964,774.77	
4	12/21/17	276,605.40	150,695.18	13,727.82	112,182.40	
5	01/18/18	48,244.05	26,283.46	2,394.33	19,566.26	
6	02/20/18	20,852.93	11,360.72	1,034.92	8,457.29	
7	03/19/18	25,855.72	14,086.25	1,283.21	10,486.26	
8	04/12/18	68,635.70	37,392.87	3,406.36	27,836.47	
9	05/10/18	17,142.46	9,339.25	850.77	6,952.44	
			-	-	-	
			-	-	-	
			-	-	-	
			-	-	-	
			-	-	-	
			-	-	-	
TOTAL TAX ROLL RECEIPTS		3,564,224.08	1,941,796.48	176,891.05	1,445,536.55	

PERCENT COLLECTED	TOTAL	DEBT	O&M	
TOTAL PERCENT COLLECTED	98.91%	98.91%	98.91%	

D.

)	INVOICE NUMBER	917 13S2a34	REMIT TO INVOICE DATE		3/27I l 8
CUSTOMER# (BILL TO)	999S4B

Un1,1rst	orporat,on
1446 HAINES STREET
.JACI\SONVILLE	FL

32206

AIR NUMBER CUSTOMER

RTE# F3160
DOUBLE BRANCH COO
PAYMENT AMOUNT $ 	_

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- Please Detach and Return With Payment -
Un1F1rst Corpora ion

PAGE	001

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INVOICE

1446 HAINES STREET

DATE	PAYMENT TERMS

JACKSONVILLE

PURCHASE ORDER

fL	3.2206
CONTRACT

917	1352834

999548
DOUBLE DRANCH COD

3/27/18

CHARG&.

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DOUBLE BRANC CDD

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ORANGE PARK	FL	3206S

370	OAKLEAG VlLLAGE PKWY
ORANGE PARK	FL	32065

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4X61-1 OAKLEAf"

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DESCRIPTION  OF SERVICE   	

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Riverside Management Services, Inc
9655 Florida Mh1ing Blvd West Suite :305

BIii To

Jacksonville, FL 32257

Invoice

Date	Invoice#	
5/1/2018	214	

Double Branch CDD 475 West Town Place Suite 114
St. Augustine, FL32092

Quanllly

$2,079.00

Total

2,079.00

2,079.00

;,;i.o,S'l1.. ; k>t oo
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Janitorial Services -M1'.ly 2018

Amount

Rate

Description

Project

lerms

P.O. No.

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Bill To:
Double Branch CDD 475 West Town Place Suite 114
St. Augustine, FL 32092

Invoice

Invoice #: 1973
Invoice Date; 3/30/18
Due Date: 3/30/18 Case:
P.O. Number:

Amenity Staff March 2018 - Oakleaf Plantation

5,225.17

5,225.17

Description	Hours/Qty	Rate	Amount

Total	$5,225.17	
Payments/Credits	$0.00	
Balance Due	$5,225.17	

FOURTH ORDER OF BUSINESS

RESOLUTION 2018-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2018/2019 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Double Branch Community Development District (“District”) prior to June 15, 2018, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2018 and ending September 30, 2019 (“Fiscal Year 2018/2019”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2018/2019 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	_______________________

HOUR:	_______________________

LOCATION:	_______________________
_______________________
_______________________

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Clay County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

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 immediately upon adoption.

PASSED AND ADOPTED THIS 11th DAY OF JUNE, 2018.

ATTEST:	DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT

By: 	
Secretary	Its: 	

Double Branch
Community Development District

Proposed Budget
Fiscal Year 2019

June 11, 2018

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

TABLE OF CONTENTS

General Fund.………………………………………………………………….... Page 1-4 Recreation Fund………………………….…….…….………………..……...Page 5-17 Debt Service Fund 2013 A-1 and A-2……….………………….….…Page 18-20 Assessment Allocation Report………....…………………………...…….…Page 21 Capital Reserve Fund………………………………………………….….……. Page 22 Exhibit A………………………………………………………………………....…. Page 23

GMS

Double Branch
Community Development District	General Fund

Adopted	Actual	Projected	Total	Purposed

Description

Budget FY 2018

YTD 3/31/18

Next 6 Months

Projected FY 2018

Budget FY 2019

Revenues		
Maintenance Assessments	$178,985		$172,634		$6,351		$178,985		$177,985	
Interest Income	$200		$83		$117		$200		$200	
Total Revenues	$179,185		$172,717		$6,468		$179,185		$178,185	

Expenditures										
Administrative Supervisor Fees	
$12,000		
$5,600		
$6,000		
$11,600		
$12,000	
FICA Expense	$918		$428		$459		$887		$918	
Engineering	$5,000		$488		$2,500		$2,988		$5,000	
Arbitrage	$700		$0		$700		$700		$700	
Dissemination	$1,333		$500		$667		$1,167		$1,333	
Assessment Roll	$7,520		$7,520		$0		$7,520		$7,821	
Attorney	$42,000		$8,718		$21,000		$29,718		$42,000	
Annual Audit	$5,900		$0		$5,900		$5,900		$5,900	
Trustee Fees	$8,014		$4,295		$3,719		$8,014		$8,014	
Management Fees	$57,657		$28,829		$28,828		$57,657		$59,963	
Information Technology	$1,942		$971		$971		$1,942		$1,942	
Telephone	$290		$132		$145		$277		$290	
Postage	$1,900		$1,048		$852		$1,900		$1,900	
Printing & Binding	$3,400		$1,112		$1,700		$2,812		$3,400	
Records Storage	$300		$0		$300		$300		$300	
Insurance	$8,350		$8,350		$0		$8,350		$8,350	
Legal Advertising	$2,000		$501		$1,000		$1,501		$2,000	
Office Supplies	$350		$146		$175		$321		$350	
Dues, Licenses & Subscriptions	$175		$175		$0		$175		$175	
Reserve	$19,436		$0		$19,436		$19,436		$15,829	
Administrative Expenses	$179,185		$68,813		$94,351		$163,164		$178,185	
										
Excess Revenues (Expenses)	$0		103,904		(87,884)		16,020		$0	

Page 1

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

REVENUES:
Maintenance Assessments

The District will levy a non ad-valorem special assessment on all assessable property within the District to fund all of the General Operating Expenditures for the fiscal year.

Interest Income

The operating fund of the District will be invested in a money market fund held by US Bank.

Carry Forward Surplus

Represents the estimated excess funds at the end of the prior fiscal year brought forward to the current fiscal year to reduce assessments.

EXPENDITURES:

Administrative:

Supervisor Fees

The Florida Statutes allows each board member to receive $200 per meeting not to exceed
$4,800 in one year. The amount for the fiscal year is based upon five supervisors attending the estimated 12 annual meetings.

FICA Expense

These expenses represent the Employer's share of Social Security and Medicare taxes withheld from the Board of Supervisors checks.

Engineering Fees

The District's engineering firm will be providing general engineering services to the District including attendance and preparation for monthly board meetings, review invoices, etc. England, Thims & Miller serves as the District’s engineering firm.

Arbitrage

The District is required to have an annual arbitrage rebate calculation prepared for the District’s Series 2013 A-1 and A-2 Special Assessment Refunding Bonds. Currently, the District has contracted with Grau and Associates.

GMS	2

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with GMS, LLC, the District’s bond underwriter, to provide this service.

Assessment Roll

Governmental Management Services, LLC serves as the District’s collection agent and certifies the District’s non-ad valorem assessments with the county tax collector.

Attorney

The District's legal counsel will be providing general legal services to the District including attendance and preparation for monthly meetings, review operating and maintenance contracts, etc. Hopping Green & Sams serves as the District’s legal counsel.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Grau and Associates currently serves as the District’s Independent Auditor.

Trustee Fees

The District issued $24,850,000 of Series 2013 A1 and $2,900,000 of Series 2013 A2 Special Assessment Refunding Bonds that are held by a Trustee at US Bank, N.A. The amount of the trustee fees is based on the agreement between US Bank and the District.

Management Fees 

The District receives management, accounting and administrative services as part of a Management Agreement with Governmental Management Services, LLC.

Information Technology 

The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Telephone

Telephone and fax machine.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

GMS	3

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Records and Storage

All documents of the District will be copied and stored electronically with automatic back up to ensure complete records. Back up of all records will be kept off-site for security and safety.

Insurance

The District's General Liability & Public Officials Liability Insurance policy is with the Florida Property Alliance (FPA). FPA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings etc. in the Florida Times Union.

Office Supplies

Miscellaneous office supplies.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

General Reserves

Established to maintain community service levels at present standards for FY 2019.

GMS	4

Double Branch
Community Development District	Recreation Fund

General				Adopted Budget		Actual YTD		Projected Next 6		Total Projected		Purposed Budget	
Ledger Code		Description		FY 2018		3/31/18		Months		FY 2018		FY 2019	
		
Revenues											

002.363.100/101		Maintenance Assessments		$1,462,648		$1,410,748		$51,900		$1,462,648		$1,462,648	
002.361.100		Interest Income		$1,000		$860		$140		$1,000		$1,000	
002.369.100		Amenities Revenue/Miscellaneous		$33,690		$19,809		$13,881		$33,690		$33,690	
002.369.1031		Sports Revenue		$8,122		$10,090		$0		$10,090		$11,000	
		Total Revenues		$1,505,460		$1,441,507		$65,921		$1,507,428		$1,508,338	
		
Expenditures											
		Administrative											

002.513.3400		Management Fees - On Site		$95,470		$47,735		$47,735		$95,470		$110,470	
002.513.4500		Insurance		$62,789		$59,192		$0		$59,192		$62,789	
002.513.4900		Other Current Charges		$3,818		$1,867		$1,867		$3,734		$3,818	
002.513.4930		Permit Fees		$1,635		$81		$1,554		$1,635		$1,635	
		Administrative Expenses		$163,712		$108,875		$51,156		$160,031		$178,712	
		
Maintenance											

002.572.3450		Security		$50,920		$25,415		$25,415		$50,830		$50,920	
002.572.3451		Security - Clay County Off-Duty Sheriff		$43,050		$17,347		$17,347		$34,694		$43,050	
002.572.3500		Water - Irrigation		$9,000		$1,394		$1,394		$2,788		$9,000	
002.572.3510		Irrigation Maintenance		$4,250		$895		$895		$1,790		$4,250	
002.572.4290		Streetlighting		$33,066		$14,237		$14,237		$28,474		$33,066	
002.572.4300		Electric		$42,000		$18,955		$18,955		$37,910		$42,000	
002.572.4620		Landscape Maintenance		$315,774		$157,887		$157,887		$315,774		$315,774	
002.572.4640		Common Area Maintenance		$43,564		$11,459		$11,459		$22,918		$43,564	
002.572.4680		Lake Maintenance		$28,116		$12,930		$12,930		$25,860		$28,116	
002.572.4621		Landscape Reserve		$35,000		$468		$468		$936		$35,000	
002.572.4910		Contingency		$1,985		$1,727		$258		$1,985		$1,985	
002.572.6000		Capital Reserve		$15,565		$0		$15,565		$15,565		$15,565	
002.572.6320		Miscellaneous Maintenance		$2,986		$0		$2,986		$2,986		$2,986	
002.572.6350		General Reserve		$22,894		$0		$22,894		$22,894		$26,759	
		Common Area Expenses		$648,170		$262,714		$302,690		$565,404		$652,035	
		
Recreation Facility											

002.572.1200		Aquatic & Athletic Manager / Staff		$50,744		$21,143		$21,143		$42,286		$48,495	
002.572.3460		Pool Attendants		$107,650		$5,170		$5,170		$10,340		$94,266	
002.572.3490		Refuse Services		$6,120		$3,919		$2,201		$6,120		$6,120	

Page 5

Double Branch
Community Development District	Recreation Fund

General				Adopted Budget		Actual YTD		Projected Next 6		Total Projected		Purposed Budget	
Ledger Code		Description		FY 2018		3/31/18		Months		FY 2018		FY 2019	

002.572.4100	Telephone	$4,500	$1,716	$2,784	$4,500	$4,500	
002.572.4310	Electric	$47,000	$17,873	$29,127	$47,000	$47,000	
002.572.4320	Cable	$4,752	$4,071	$4,071	$8,142	$8,150	
002.572.4630	Pool Maintenance	$56,616	$26,183	$26,183	$52,366	$56,616	
5720.437/435	Water / Sewer/Reclaim	$65,000	$22,702	$22,702	$45,404	$65,000	
002.572.4660	Facility Maintenance-General	$27,500	$11,452	$11,452	$22,904	$27,500	
002.572.4661	Facility Maintenance-Preventative	$5,617	$2,835	$2,782	$5,617	$5,617	
002.572.4662	Facility Maintenance - Contingency	$29,750	$12,315	$17,435	$29,750	$29,750	
002.572.4663	Lighting Repairs	$8,500	$3,520	$3,520	$7,040	$8,500	
002.572.4940	Special Events	$10,500	$7,659	$2,841	$10,500	$10,500	
002.572.5100	Office Supplies & Equipment	$4,000	$870	$3,130	$4,000	$4,000	
002.572.6100	Janitorial	$31,512	$14,681	$14,681	$29,362	$31,512	
002.572.6200	Recreation Passes	$7,565	$1,594	$5,971	$7,565	$7,565	
002.572.6310	Repairs & Replacements	$79,025	$22,138	$56,887	$79,025	$79,025	
002.572.6330	Pool Pump Reserve	$9,500	$0	$9,500	$9,500	$6,500	
002.572.6340	Pool Leak Repairs	$5,000	$0	$5,000	$5,000	$5,000	
002.572.63601	Multiuse Field	$21,250	$0	$21,250	$21,250	$21,250	
	Recreation Facility Expenses	$582,102	$179,841	$267,830	$447,671	$566,866	
	
Fitness Center						

002.572.1210	Staffing	$55,517	$22,560	$32,957	$55,517	$47,500	
002.572.4110	Telephone	$1,092	$0	$1,092	$1,092	$1,092	
002.572.4311	Electric	$12,300	$6,573	$5,727	$12,300	$12,300	
002.572.4321	Cable	$4,169	$0	$4,169	$4,169	$4,169	
002.572.4710	Facility Maintenance - General	$8,000	$3,257	$4,743	$8,000	$8,000	
002.572.4720	Facility Maintenance - Preventative	$7,500	$2,066	$5,434	$7,500	$7,500	
002.572.4730	Facility Maintenance - Contingency	$5,000	$0	$5,000	$5,000	$5,000	
002.572.5000	Office Supplies and Equipment	$2,664	$131	$131	$262	$2,664	
002.572.6110	Janitorial	$13,435	$8,642	$8,642	$17,284	$17,500	
002.572.6311	Repairs & Replacements	$1,800	$1,174	$1,174	$4,992	$5,000	
	Fitness Center Expenses	$111,477	$44,403	$69,069	$116,116	$110,725	
							
	Total Expenses	$1,505,460	$595,833	$690,745	$1,289,222	$1,508,338	
							
	Excess Revenues(Expenses)	$0	$845,674	(624,824)	218,206	$0	

Page 6

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

REVENUES:
Maintenance Assessments

The District will levy a non ad-valorem special assessment on all assessable property within the District to fund all of the Recreational Operating Expenditures for the fiscal year.
Interest Income

The District will have all excess funds invested in a money market fund held by US Bank. The amount is based upon the estimated average balance of funds available during the fiscal year.

Amenities Revenue

Income received from resident rental of Clubroom and Patio and access cards, fitness class, vending machines, and non-resident user fee for the Recreation Facility.

Sports Revenue

These are estimated fees for programmed sports activities.

EXPENDITURES:

Administrative:

Management Fees – On Site

The District has contracted with Governmental Management Services, LLC (“GMS”) for the supervision and on-site management of the District’s Amenity Center. The responsibilities include management of District maintenance contracts, scheduling Special Events, weekend management services, rentals of the facilities, resident inquiries and other maintenance related items. The District will share the cost of an onsite manager, operations manager, weekend manager and rental coordinator with the Middle Village Community Development District.

Insurance

The District's Property and Liability Insurance policy is with Florida Property Alliance (FPA). FPA specializes in providing insurance coverage to governmental agencies.

Other Current Charges

Includes bank charges and any other miscellaneous administrative expenses that are incurred during the year with the use of deposit/credit card machine.

GMS	7

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Permit Fees

Miscellaneous permit fees to operate the pool and water slides as well as special events.

Description	Annual	
Play Pool Permit	$	250	
Lap Pool Permit	$	250	
Spray Pool Permit	$	125	
State Public Broadcast for Music Fees	$	1,010	
Total	$	1,635	
Office Supplies

Miscellaneous office supplies. Maintenance Common Area: Security
ABM Security Services provides the District with Athletic Center and Common area security patrol.

Description	Monthly	Annual	
Security	$	4,243	$	50,920	

Clay County off Duty Security

Provision for off-duty-security patrol by Clay County Sheriff’s Dept. Split 50/50 with Middle Village CDD.

Water – Irrigation

The District will purchase bulk water from JEA for irrigation purposes.

Account Number	Description	Monthly	Annual	
62945977	2226 Pebblewood LA Apt 1	$	50	$	602	
66042924	302 Oakleaf Village Parkway	$	19	$	227	
61929298	3468 Worthington Oaks Drive Apt 1	$	29	$	342	
62744114	3570 Silver Bluff Boulevard Apt 1	$	576	$	6,912	
60770057	563 Acornridge Lane Apt 1	$	32	$	378	
	Contingency	$	45	$	539	
	Total	$	750	$	9,000	

Irrigation Maintenance

The cost of miscellaneous irrigation, pump repairs and maintenance incurred by the district.

GMS	8

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Street Lighting

The cost of street lighting provided by Clay Electric Cooperative, Inc.:

Account Number	Description	Monthly	Annual	
7332265	Oakleaf Village Center Outdoor	$	241	$	2,894	
5379615	East Side of Brannanfield	$	2,291	$	27,488	
	Contingency	$	224	$	2,684	
	Total	$	2,756	$ 33,066	

Electric

The cost of electricity for signage lighting, entry feature lighting (main entry, Athletic Center entry and neighborhood entries) for the following accounts provided by Clay Electric Cooperative, Inc.:

Account Number	Description	Monthly	Annual	
4995700	370 Oakleaf Village	$	1,170	$	14,037	
4995718	370-1 Oakleaf Village Pkwy	$	910	$	10,914	
5347943	3926-1 Plantation Oaks Blvd	$	60	$	721	
5715289	1591 Canopy Oaks Dr - Irrigation	$	34	$	410	
5774021	2971 Thorncrest Dr	$	18	$	213	
6875140	373-1 Oakleaf Village Center	$	37	$	438	
6912612	608-1 Oakleaf Village Pkwy	$	35	$	417	
6912620	304-1 Oakleaf Village Pkwy	$	30	$	362	
6912653	603-2 Oakleaf Village Pkwy	$	42	$	504	
6912661	602-1 Oakleaf Village Pkwy	$	34	$	410	
6912687	537-1 Oakleaf Village Pkwy	$	18	$	212	
6912695	529-1 Oakleaf Village Pkwy	$	18	$	220	
6912703	3925-1 Plantation Oaks Blvd	$	81	$	967	
6912729	3860-1 Plantation Oaks Blvd	$	18	$	210	
6912737	3859-1 Plantation Oaks Blvd	$	29	$	350	
6912752	3805-1 Plantation Oaks Blvd	$	38	$	459	
6912760	3800-1 Plantation Oaks Blvd	$	48	$	570	
6912778	3306-1 Village Oaks Lane	$	18	$	213	
6912786	465-1 Oakleaf Village Pkwy	$	34	$	406	
6912810	3801-1 Plantation Oaks Blvd	$	29	$	352	
6912828	728-1 Bellshire Drive	$	17	$	209	
6912836	721-1 Bellshire Lane	$	20	$	238	
	Subtotal	$	2,736	$ 32,832	

GMS	9

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Account Number	Description	Monthly	Annual	
6912869	715-1 Wakemont Drive	$	42	$	506	
6912877	3219-1 Stonebrier Ridge Drive	$	26	$	316	
6912893	576-1 Wakemount Drive	$	17	$	209	
6912901	507-1 Millstone Drive	$	17	$	209	
6912919	498-1 Millstone Drive	$	17	$	209	
6912927	3442-1 Worthington Oaks Drive	$	17	$	209	
6912943	309-1 Oakleaf Village Pkwy	$	25	$	303	
6912950	373-2 Oakleaf Village Pkwy	$	39	$	472	
6912968	308-1 Oakleaf Village Pkwy	$	20	$	236	
6912976	358-2 Oakleaf Village Pkwy	$	34	$	405	
7131527	3206-1 Silver Bluff Blvd	$	20	$	243	
7332257	3168 Stonebrier Ridge	$	228	$	2,730	
8684243	571 Oakleaf Village Pkwy	$	18	$	215	
	Contingency	$	242	$	2,906	
	Subtotal	$	2,736	$ 32,832	
	Total	$	3,500	$ 42,000	

Landscape Maintenance

The District has a contract with R&D Landscaping to provide landscaping and irrigation maintenance services to all the common areas within the District as well as the Amenity Center. The amount is based upon the following:

Description	Monthly	Annual	
Contract - Common Area	$	26,315	$	315,774	

Common Area Maintenance

Represents the estimated day-to-day maintenance of the Districts common areas. Services include:

-Pressure washing of District fences, entrance signage and pillars, pool areas, gazebos, amenity center, field house, parks, park equipment and sidewalks. The estimated annual amount for these services are based upon contractor proposals

The estimated cost for the following is based upon past history and current hourly rates:

-All common area, easements and park litter clean up
-Lake and outfall inspections and debris removal
-Storm sewer grate inspections and cleaning

GMS	10

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

-Removal of unauthorized signage and maintenance of community signage
-Trapper for wild hogs
-Traffic/car accident clean up
-Inspection and repairs to all park equipment, playground, picnic table and benches

Lake Maintenance

The District has a contract with The Lake Doctors to provide monthly water management services and annual carp as needed per the contract, to 25 lakes throughout the District. Contingency represents monthly lake inspections and clean-up of outfall structures and fish barriers. The amount is based upon the following:

Description	Monthly	Annual	
Contract	$	1,893	$	22,716	
Stocking of Carp	$	283	$	3,400	
Contingency	$	167	$	2,000	
Total	$	2,343	$	28,116	

Landscape Reserve

Represents additional mulch and storm replacement and clean up district may incur. Plant replacements outside of contract, new plantings, and projects that become necessary due to changes in use, etc. and tree preservation and/or removal.

Contingency

A contingency for any unanticipated and unscheduled cost incurred to the District.

Capital Reserve

Money set aside for future replacements of capital related items and operating capital.

Miscellaneous Maintenance

Provision for unscheduled repairs and maintenance.

General Reserve

Provision for general repairs and replacements based upon detailed study of District assets.

GMS	11

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Recreation Facility:

Aquatic & Athletic Manager / Staff

The District has contracted with GMS,LLC to provide management of the District’s hourly employees. Their services include providing an Amenity Center Director and One Assistant who issues access cards per contract and daily facility operations of the Oakleaf Plantation Amenity Center.

Pool Attendants

Direct cost to provide lifeguard/pool attendant services from District employees during the operational season of the swimming pool, which is from Mid-March through October.

Refuse Service

The District has contracted with Advanced Disposal for refuse removal service twice weekly.

Telephone

The Amenity Center currently pays AT&T for three phone lines and one fax line. The amounts are based upon the following:

Description	Monthly	Annual	
AT&T	$	80	$	960	
RingCentral	$	97	$	1,160	
Contingency	$	198	$	2,380	
Total	$	375	$	4,500	

Electric

Cost of electric associated only with the Recreation facility provided by Clay Electric:

Account Number	Description	Monthly	Annual	
5217088	370 Oakleaf Village Pkwy	$	3,663	$ 43,953	
	Contingency	$	254	$	3,047	
	Total	$	3,917	$ 47,000	

Cable/Internet

Cost of cable and internet access for the Recreation Facility from Comcast.

GMS	12

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Pool Maintenance

The District currently has a contract with Poolsure to supply chemicals and chemical feeders for the Amenity Center pools. The amount is as follows:

Description	Monthly	Annual	
Contract	$	1,437	$	17,244	
Fuel Surcharge	$	85	$	1,020	
Total	$	1,522	$	18,264	

The District is contracted with Crystal Clean Pools for the cleaning, water testing, and treatment of the Amenity Center pools. Additionally, GMS staff handles the annual maintenance projects on the pool and deck features. The amount is based upon the following:

Description	Monthly	Annual	
Contract	$	2,146	$	25,752	
Slide Maintenance/Waxing	$	375	$	4,500	
Spray ground/Furniture Cleaning	$	550	$	6,600	
Preseason Filter clean and Prep	$	125	$	1,500	
Total	$	3,196	$	38,352	
Total Pool Maintenance	$	4,718	$	56,616	

GMS	13

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Water /Sewer/Reclaim

Cost of water / sewer from JEA (acct # 7616920495) associated with the Recreation Facility and Reclaimed Water from Clay County Utility Authority.

Account Number	Description	Monthly	Annual	
60603531	370 Oakleaf Village Parkway - Water	$	790	$	9,482	
60603531	370 Oakleaf Village Parkway - Sewer	$	2,360	$	28,324	
	Total JEA	$	3,151	$	37,806	
201224	566-1 Oakleaf Village Parkway	$	850	$	10,196	
191992	716-1 Wakemont Dirve Reclaim	$	239	$	2,867	
206121	3178-1 Wandering Oaks Drive	$	22	$	265	
206125	1505-1 Canopy Oaks Drive R	$	37	$	440	
206136	1591-1 Canopy Oaks Drive R	$	256	$	3,077	
206376	3701-1 Thousand Oaks Drive	$	29	$	349	
206379	3713-1 Thousand Oaks Drive	$	92	$	1,106	
206380	1940-1 Woodworth Drive Reclaim	$	30	$	359	
206381	3659-1 Thousand Oaks Drive	$	36	$	437	
207243	603-1 Waterford Oaks Drive	$	22	$	265	
238253	1422-1 Bitterberry Drive Reclaim	$	29	$	350	
238254	1206-1 Bedrock Drive Reclaim	$	24	$	286	
	Contingency	$	600	$	7,197	
	Total Clay County Utility Authority	$	2,266	$	27,194	
	Total Water/Sewer/Reclaim	$	5,417	$	65,000	

Facility Maintenance – General

Represents estimated cost for general maintenance throughout the District based upon historical cost.

Facility Maintenance - Preventative

Cost of routine repairs and general maintenance contracts for District Facilities.

Contractor	Purpose	Annual Cost	
S.E. Fitness	Bi-Monthly Service	$	1,160	
Paula's Pest Control	Quarterly Service	$	620	
Certified Air Contractors	Bi-Monthly Service	$	1,290	
Jacksonville Sound & Communication	Alarm System Inspection	$	744	
Cintas	Sprinklers & Extinguishers	$	1,073	
Termite Bond	Preventative	$	730	
Total		$	5,617	

GMS	14

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Facility Maintenance – Contingency

Represents estimated amount based upon historical cost for fence repairs, graffiti clean-up, signage repairs, wall cap replacements and damaged park equipment

Lighting Repairs

Cost for fixtures, bulbs and ballast replacement, and electrician labor based on past history.

Special Events

Monthly events and organized functions the Amenity Center Director provides for all residents of Oakleaf Plantation.

Office Supplies and Equipment

Office supplies for the Amenity Center. Lease agreement with Cannon ($150/month) $1800 annually.

Janitorial Services

The District has contracted with Riverside Management to provide janitorial services, and scheduled carpet cleanings to the District. Janitorial Services shall be provided seven days per week and carpets will be cleaned 9xs a year unless otherwise needed. Supplies will be purchased directly from First Coast Choice Cleaning Supplies. The amount is based upon the following:

Description	Monthly	Annual	
Contract	$	2,079	$	24,948	
Supplies	$	547	$	6,564	
Total	$	2,626	$	31,512	

Recreation Passes

Entry cards are issued to all CDD residents for facility access. Recreation passes includes the cards, ribbon, cleaner, guest cards and repairs to card printers, etc.

Repairs & Replacement

Regular maintenance and replacement that includes, but is not limited to, pool pumps, filters, air conditioning repairs facility lighting/electrical, or any replacement of District infrastructure.

Pump Reserve

For pump replacement as needed.

GMS	15

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Pool Leak Repairs

Estimated structural repairs for leaks in pool structure.

Multiuse Fields

Cost of maintaining field and repairs, landscape maintenance, and renovations.

Fitness Center:

Staffing

Cost to provide attendant services for front desk of fitness center.

Telephone

The Amenity Center currently pays AT&T for telephone service.

Electric

Estimated cost of electric associated only with the Fitness Center provided by Clay Electric:

Account Number	Description	Monthly	Annual	
8763369	382 Oakleaf Village Pkwy	$	988	$	11,858	
		$	37	$	442	
	Total	$	988	$	12,300	

Cable/Internet

The estimated cost of cable/internet access for the Fitness Center provided by Comcast

Facility Maintenance – General

Represents estimated cost for general maintenance for Fitness Center

Facility Maintenance - Preventative

The estimated cost of routine repairs and general maintenance contracts for Fitness Center.

Facility Maintenance – Contingency

Represents estimated amount for other cost associated with Fitness Center.

Office Supplies and Equipment

Office supplies for the Fitness Center.

GMS	16

Double Branch
Community Development District
BUDGET FISCAL YEAR 2019

Janitorial Services

The District has contracted with Riverside Management to provide janitorial services, and scheduled carpet cleanings to the District. Janitorial Services shall be provided seven days per week and carpets will be cleaned 9xs a year unless otherwise needed. Supplies will be purchased directly from First Coast Choice Cleaning Supplies.

Repairs & Replacements

Estimated cost for the purchase or repair of fitness equipment.

GMS	17

Double Branch
Community Development District	Debt Service Fund
Series 2013A-1 and A-2

	Adopted
Budget		Actual
From		Projected
Next 6		Total
Projected		Purposed
Budget	
 Description		 	FY 2018			 	3/31/18			    Months 		 	FY 2018			 	FY 2019		
Revenues										
Carry Forward Surplus	$519,790		$519,790		$23,594		$543,384		$546,833	
Special Assessments	$1,966,802		$1,895,064		$71,738		$1,966,802		$1,962,561	
Interest Income	$2,500		$10,637		$3,546		$14,183		$6,000	
Total Revenues	$2,489,092		$2,425,491		$98,877		$2,524,368		$2,515,394	

Expenditures										
Series 2013A-1										
Interest 11/1	$408,304		$408,304		$0		$408,304		$397,144	
Interest 5/1	$408,304		$0		$408,304		$408,304		$397,144	
Principal 5/1	$930,000		$0		$930,000		$930,000		$955,000	
							.			
Series 2013A-2										
Interest 11/1	$62,963		$62,963		$0		$62,963		$60,663	
Prepayment Call Due 11/1	$25,000		$0		$25,000		$25,000		$25,000	
Interest 5/1	$62,963		$0		$62,963		$62,963		$60,663	
Principal 5/1	$80,000		$0		$80,000		$80,000		$85,000	
Total Expenses	$1,977,534		$471,267		$1,506,268		$1,977,535		$1,980,614	
										
EXCESS REVENUES / (EXPENDITURES)	$511,558		$1,954,224		(1,407,391)		$546,833		$534,780	

Interest November 1, 2018	
Series 2013A-1	
$	397,144.38	
	Series 2013A-2	  $	60,662.50 	
	Total	  $	457,806.88 	

Unit Type	
Units		Per Unit
Assessment	Gross
Assessment	
Single Family		2,197	$	878	$	1,928,768	
Multi-Family		275	$	605	  $	166,510 	
Total Gross Assessment				$	2,095,278	
Less: Discounts and Collections	(6%)			  $	132,717 	
Total Net Assessment				 	1,962,561 	

Page 18

Double Branch		Amortization Schedule Community Development District	Series 2013A-1 Special Assessment Refunding Bonds

DATE	
PRINCIPAL	
COUPON	
INTEREST	
DEBT SERVICE	ANNUAL DEBT
SERVICE	BOND
BALANCE	

5/1/17	910,000	2.13%	417,973.13	1,327,973.13		21,315,000	
11/1/17			408,304.38	408,304.38	1,736,277.51	21,315,000	
5/1/18	930,000	2.40%	408,304.38	1,338,304.38		20,385,000	
11/1/18			397,144.38	397,144.38	1,735,448.76	20,385,000	
5/1/19	955,000	2.70%	397,144.38	1,352,144.38		19,430,000	
11/1/19			384,251.88	384,251.88	1,736,396.26	19,430,000	
5/1/20	980,000	3.00%	384,251.88	1,364,251.88		18,450,000	
11/1/20			369,551.88	369,551.88	1,733,803.76	18,450,000	
5/1/21	1,015,000	3.20%	369,551.88	1,384,551.88		17,435,000	
11/1/21			353,311.88	353,311.88	1,737,863.76	17,435,000	
5/1/22	1,045,000	3.40%	353,311.88	1,398,311.88		16,390,000	
11/1/22			335,546.88	335,546.88	1,733,858.76	16,390,000	
5/1/23	1,085,000	3.63%	335,546.88	1,420,546.88		15,305,000	
11/1/23			315,881.25	315,881.25	1,736,428.13	15,305,000	
5/1/24	1,125,000	3.75%	315,881.25	1,440,881.25		14,180,000	
11/1/24			294,787.50	294,787.50	1,735,668.75	14,180,000	
5/1/25	1,170,000	4.00%	294,787.50	1,464,787.50		13,010,000	
11/1/25			271,387.50	271,387.50	1,736,175.00	13,010,000	
5/1/26	1,220,000	4.13%	271,387.50	1,491,387.50		11,790,000	
11/1/26			246,225.00	246,225.00	1,737,612.50	11,790,000	
5/1/27	1,270,000	4.13%	246,225.00	1,516,225.00		10,520,000	
11/1/27			220,031.25	220,031.25	1,736,256.25	10,520,000	
5/1/28	1,320,000	4.13%	220,031.25	1,540,031.25		9,200,000	
11/1/28			192,806.25	192,806.25	1,732,837.50	9,200,000	
5/1/29	1,380,000	4.13%	192,806.25	1,572,806.25		7,820,000	
11/1/29			164,343.75	164,343.75	1,737,150.00	7,820,000	
5/1/30	1,435,000	4.13%	164,343.75	1,599,343.75		6,385,000	
11/1/30			134,746.88	134,746.88	1,734,090.63	6,385,000	
5/1/31	1,495,000	4.13%	134,746.88	1,629,746.88		4,890,000	
11/1/31			103,912.50	103,912.50	1,733,659.38	4,890,000	
5/1/32	1,560,000	4.25%	103,912.50	1,663,912.50		3,330,000	
11/1/32			70,762.50	70,762.50	1,734,675.00	3,330,000	
5/1/33	1,630,000	4.25%	70,762.50	1,700,762.50		1,700,000	
11/1/33			36,125.00	36,125.00	1,736,887.50	1,700,000	
5/1/34	1,700,000	4.25%	36,125.00	1,736,125.00			
11/1/34	 			 			1,736,125.00		
TOTAL	  $ 22,225,000.00 		  $ 9,016,214.45 				

Page 19

Double Branch		Amortization Schedule Community Development District	Series 2013A-2 Special Assessment Refunding Bonds

DATE	
PRINCIPAL	
COUPON	
INTEREST	
DEBT SERVICE	ANNUAL DEBT
SERVICE	
BOND BALANCE	

11/1/17		5.75%	62,962.50	62,962.50	203,368.75	2,190,000	
5/1/18	80,000	5.75%	62,962.50	142,962.50		2,190,000	
11/1/18		5.75%	60,662.50	60,662.50	203,625.00	2,110,000	
5/1/19	85,000	5.75%	60,662.50	145,662.50		2,110,000	
11/1/19		5.75%	58,218.75	58,218.75	203,881.25	2,025,000	
5/1/20	90,000	5.75%	58,218.75	148,218.75		2,025,000	
11/1/20		5.75%	55,631.25	55,631.25	203,850.00	1,935,000	
5/1/21	95,000	5.75%	55,631.25	150,631.25		1,935,000	
11/1/21		5.75%	52,900.00	52,900.00	203,531.25	1,840,000	
5/1/22	100,000	5.75%	52,900.00	152,900.00		1,840,000	
11/1/22		5.75%	50,025.00	50,025.00	202,925.00	1,740,000	
5/1/23	105,000	5.75%	50,025.00	155,025.00		1,740,000	
11/1/23		5.75%	47,006.25	47,006.25	202,031.25	1,635,000	
5/1/24	110,000	5.75%	47,006.25	157,006.25		1,635,000	
11/1/24		5.75%	43,843.75	43,843.75	200,850.00	1,525,000	
5/1/25	115,000	5.75%	43,843.75	158,843.75		1,525,000	
11/1/25		5.75%	40,537.50	40,537.50	199,381.25	1,410,000	
5/1/26	125,000	5.75%	40,537.50	165,537.50		1,410,000	
11/1/26		5.75%	36,943.75	36,943.75	202,481.25	1,285,000	
5/1/27	130,000	5.75%	36,943.75	166,943.75		1,285,000	
11/1/27		5.75%	33,206.25	33,206.25	200,150.00	1,155,000	
5/1/28	135,000	5.75%	33,206.25	168,206.25		1,155,000	
11/1/28		5.75%	29,325.00	29,325.00	197,531.25	1,020,000	
5/1/29	145,000	5.75%	29,325.00	174,325.00		1,020,000	
11/1/29		5.75%	25,156.25	25,156.25	199,481.25	875,000	
5/1/30	155,000	5.75%	25,156.25	180,156.25		875,000	
11/1/30		5.75%	20,700.00	20,700.00	200,856.25	720,000	
5/1/31	165,000	5.75%	20,700.00	185,700.00		720,000	
11/1/31		5.75%	15,956.25	15,956.25	201,656.25	555,000	
5/1/32	175,000	5.75%	15,956.25	190,956.25		555,000	
11/1/32		5.75%	10,925.00	10,925.00	201,881.25	380,000	
5/1/33	185,000	5.75%	10,925.00	195,925.00		380,000	
11/1/33		5.75%	5,606.25	5,606.25	201,531.25	195,000	
5/1/34	195,000	5.75%	5,606.25	200,606.25		195,000	
11/1/34	 		 	200,606.25 	0	
TOTAL	  $ 2,190,000.00 	  $	1,299,212.50 $ 3,489,212.50 $ 3,629,618.75 	0	

Page 20

Double Branch CDD
Percentage Allocation of O&M Assessments

Single Family		
Multi-Family	Village Center
Retail		Village Center
Office	Active
Adult	
Total	

General Fund	

89.85%		

8.30%	

0.61%		

1.24%	

0.00%	

100.00%	
Facility Administration	89.85%		8.30%	0.61%		1.24%	0.00%	100.00%	
Common Area	89.85%		8.30%	0.61%		1.24%	0.00%	100.00%	
Recreation Facilities	91.70%		8.30%	0.00%		0.00%	0.00%	100.00%	
Exercise Faciity	91.70%		8.30%	0.00%		0.00%	0.00%	100.00%	
			
Description			Total Expenses			
			General Fund			$178,185			
			Facility Administration			$178,712			
			Common Area			$652,035			
			Recreation Facilities			$566,866			
			Exercise Facility			 	$110,725 			
			Total			 	$1,686,523 			

Single Family		
Multi-Family	Village Center
Retail		Village Center
Office	Active
Adult	
Total	

General Fund	
$160,099.11		
$14,789.34	
$1,086.93		
$2,209.49	
$0.00	
$178,185	
Facility Administration	$160,572.73		$14,833.10	$1,090.14		$2,216.03	$0.00	$178,712	
Common Area	$585,853.45		$54,118.91	$3,977.41		$8,085.23	$0.00	$652,035	
Recreation Facilities	$519,816.12		$47,049.88	$0.00		$0.00	$0.00	$566,866	
Exercise Facilty	$101,534.64		$9,190.16	$0.00		$0.00	$0.00	$110,725	
Total Expenses	$1,527,876		$139,981	$6,154		$12,511	$0	$1,686,523	
									
Allocation - Other Revenues	(42,783)		(2,489)	(594)		(1,390)	0	(47,257)	

Net Assessments After Allocation	
$1,485,093		
$137,493	
$5,560		
$11,120	
$0	
$1,639,266	
Discounts and Collections (6%)	$93,828		$8,687	$351		$703	$0	$103,569	
Gross Assessment	$1,579,886		$146,269	$5,915		$11,830	$0	$1,743,900	

# of Units	

2,200		

284	

8,000		

35,000			
Per Unit Assessment FY 2018	 	$718.13			 	$515.03		 	$0.74			 	$0.34				
Per Unit Assesment FY 2017	 	$718.75			 	$515.33		 	$0.73			 	$0.33				
Percentage Increase(Decrease)	0%		0%	1%		0%			

Page 21

Double Branch
Community Development District	Capital Reserve Fund

Adopted
Budget	Actual
YTD	Projected
Next 6	Total
Projected	Purposed
Budget	
Description	FY 2018	3/31/18	Months	FY 2018	FY 2019	

REVENUES:					
Carry Forward Surplus (1)	$838,330	$838,330	$337	$838,667	$938,299	
Interest Income	$1,000	$685	$315	$1,000	$1,000	
Transfer In - Landscape Reserve	$35,000	$0	$35,000	$35,000	$35,000	
Transfer In - Capital Reserve	$14,765	$0	$14,765	$14,765	$15,565	
Transfer In - Pool Pump Reserve	$9,500	$0	$9,500	$9,500	$6,500	
Transfer In - General Reserve	$22,894	$0	$22,894	$22,894	$26,759	
Transfer In - General Fund Reserve	$19,436	$0	$19,436	$19,436	$15,829	
TOTAL  REVENUES	$940,925	$839,015	$102,247	$941,262	$1,038,952	

EXPENDITURES:					
Other Current Charges	$0	$0	$0	$0	$0	
Landscape Reserve	$0	$0	$800	$800	$0	
Capital Projects	$0	$0	$0	$0	$0	
Pool Pump Reserve	$0	$0	$2,163	$2,163	$0	
General Reserve	$0	$0	$0	$0	$0	
TOTAL EXPENDITURES	$0	$0	$2,963	$2,963	$0	
					
EXCESS REVENUES (EXPENDITURES)	$940,925	$839,015	$99,284	$938,299	$1,038,952	

(1) Prior year balance transferred into Capital Reserve Fund					

Page 22

Double Branch Community Development District
Exhibit “A”

General Fund - Beginning Fund Balance - 10/1/17	$	64,276	
Recreation Fund - Beginning Fund Balance - 10/1/17	$	395,786	
Estimated General Fund Balance - Fiscal Year 2018	$	140	
Estimated Recreation Fund Balance - Fiscal Year 2018	$	1,400	

Allocation of Operating Reserves Estimated Funds Available

Total Estimated Funds Available - 9/30/2018	 $	461,602 

Allocation of Funds Available

General Fund Operating Reserve - First Quarter Operating Capital	

$	41,555	
Recreation Fund Operating Reserve - First Quarter Operating Capital	  $	352,112 	
Total Reserve	  $	393,667 	
Total Working Capital Surplus	  $	67,935 	

Funds Availabe for FY 2019
Capital Reserve Funds - Beginning Fund Balnce

Beginning Fund Balance - 10/1/17	$	838,330	
Projected Excess Revenues - Fiscal Year 2018	  $	99,632 	
Total Estimated Fund Available - 9/30/18	  $	938,299 	

Capital Reserve Funding - FY 2019

Landscape Reserve est. at 10/1/2018	$	35,000	
Capital Projects Reserve at 10/1/2018	$	15,565	
Pool Pump Reserve at 10/1/2018	$	6,500	
General Reserve at 10/1/2018	$	22,894	
General Fund Reserve at 10/1/2018	  $	15,829 	
Total Funding FY 2019	  $	95,788 	
Total Estimate Reserve Fund Balances - 9/30/18	   $ 1,034,087 	

Page 23

SIXTH ORDER OF BUSINESS

D.

Double Branch Community Development District (CDD)
370 OakLeaf Village Parkway, Orange Park, FL 32065
904-­‐375-­‐9285 x7; manager@oakleafresidents.com
Memorandum

Date:	June 2018

To:	Board of Supervisors

From:	GMS – OakLeaf Operations Manager

Community:
Special Events

Food Trucks @ DB
Potential summer calendar of events
Swim meet – June 9

Aquatics

Pools open for full schedules
Aqua Aerobics class available at DB, Swim Lessons take place at DB, Swim Team programs take place at MV

AMENITY USAGE

Total Facilities usage – 4111
Average daily usage – 133

Card Counts:

DB Owners	53	
DB Renters	68	
DB Replacements	30	
DB Updated	31	

Total cards printed: 400 (both districts)

Rentals

13 of 31 days rented in May, 4 of 4 weekends had rentals
21 clubroom rentals, 4 patio rentals
32 tours (approx.35 hours) /58 staff hours used for scheduling, administrative, etc..

Operations:
Open Item

Double Branch Community Development District (CDD)
370 OakLeaf Village Parkway, Orange Park, FL 32065
904-­‐375-­‐9285 x7; manager@oakleafresidents.com
Memorandum

Landscaping RFP schedule/scope of service
MAINTENANCE

Coordinate repairs to fire alarm panel at Amenity Center
Replace smoke sensor in AC ducts at Amenity Center
Preventative maintenance performed on Golf carts
Hang multiple planter brackets at Amenity Center pools
Replace post lights at Multi-­‐use fields (LED replacement progress)
Install new playground signage
Repair hanger hardware at Waverly park
Inspect and coordinate leak repairs at Waverly park with CCUA
Diagnose IT problems with Fitness Center Computer
Install old card printer as backup for summer usage
Install of Credit card machine at Fitness Center
Coordinate replacement of vinyl fencing at Oakleaf Village Pkwy (accident damage)
Coordinate with insurance companies for repairs from accidents (4 in May)
Install of new chemical controllers at pools completed
Dispose of multiple large electronics equipment (hazardous waste refuse)
Install replacement controller for ADA lift at Slide pool
Replace/install new battery for ADA lift at lap pool
Diagnose issues with television/ coordinate repairs with Comcast for new box and cable connection at Fitness Center
Lake inspections, all lakes inspected monthly – reports kept on file in Ops. Manager office.
Continual Park inspections and cleaning – all lakes inspected monthly – reports kept on file.
Light Inspections completed – Worthington Oaks, Hearthstone, Highland Mill, Piedmont, Stonebrier, Waverly, Litchfield, and Timberfield completed 5/9 . Nature’s Hammock, Fall Creek, The Oaks, Cannon’s Point, Pebble Creek, Silver Leaf, Oakbrook, and The Cottages completed 5/29.
Landscaping

Core aeration completed on Multi-­‐use fields
Mainline repairs at Oakleaf Village Pkwy (due to damage from accident)
Large magnolia removal (due to damage from accident)
Monthly property reports and irrigation inspections kept on file in Ops. Manager office.

For questions, comments, or clarification, please contact:
Jay Soriano, Oakleaf Operations Manager     904-­‐342-­‐1441	jsoriano@gmsnf.com

Y	DUVAL COUNTY

DUVAL COUNTY

DUVAL COUNTY	.

SJRWM CONSV ESMT
OR 2178 PG 1472

OAKWORTH CT
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LAKE/STORM WATER MANAGEMENT  FACILITY

DEERFIELD POINTE PB 22 PG 62

PB 39 PG 8-13

PARK

S	1 inch = 375 feet

M

D      N

SILVER LEAF

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HEARTHSTONE

PIEDMONT

PB 40 PG 1-11

SPENCERS CROSSING UNIT 1

THE HONORABLE ROGER A. SUGGS, CFA, AAS CLAY COUNTY PROPERTY APPRAISER
State-Certified General Real Estate Appraiser RZ2771

GENERATED BY THE GIS DEPARTMENT 05/29/2013

This graphic representation of ownership does not constitute a information available for use in the Property Appraisers Office. This office does not assume responsibility for errors or omissions.

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TAN NERST ON E CT

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SILVER LEAF

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PEBBLEWOOD LN

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PB 39 PG 61-68
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THORNCREST DR

STONEBRIER

SANDY BOTTOM CT

WILDBERRY CT

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PB 26

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OAKLEAF VILLAGE CENTER UNIT THREE

PB 49 PG 39-41

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SPENCERS

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OAKLEAF VILLAGE CENTER

PB 40 PG 34-45

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LITCHFIELD

PB 40 PG 51-58

OAKSIDE DR

PARK

LYNNHAVEN CT

WAVERLY

SWEETBRIAR

UNIT 5

PB 32

THORNBERRY RD

PG 58

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WILMINGTON LN

SWEETBRIAR UNIT 4

SWEETBRIAR UNI

E

FALLEN TIMBERS DR

A
PB 29   PG 16

WOODBRIAR DR

SWEETBRIAR DR

WHITFIELD

PB 45 69-75

THE COTTAGES

PB 40 PG 22-32

PB 40 PG 12-21

SWEETBRIAR

NS

E

I

UNIT 6

BLACKTHORN CT

RED FERN CT

Double Branch CDD 2013 Clay County, Florida

PB 31 PG 18

W

MIST

PB 46 PG 58-67

@ OAKLEAF PLANTATION PH 1-4

CANNONS  POINT	CANNONS POINT

TIMBERTRAIL CT

THORNBERRY RD

PB 32 PG 61

SAVANNAH GLEN

THORNBERRY RD

SAVANNAH GLEN UNIT 1

PB 42 PG 42-48

CANNONS POINT PHASE 2 REPLAT

PB 50 PG 13-14

CA O

N

PHASE 2

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LAKE/STORM WATER

SAVANNAH SAVANNAH GLEN UNIT 5	PB

PB 35 PG 5-7
20 FT UTILITY RIGHT OF WAY

UNIT 3

SAVA

T
C	C
T	O
GLEN UNIT 6	VE
PB 33	C
AR	T
33  PG 66  TESI     PG  63
MO	A	BLVD
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NI	LN
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G
MI         S T WA
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MOSSDR
LVD	HANGING
GLENB
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MO
NG GI
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Boundary
Parcel Line Work 930000.00
930001.00
930002.00
930372.01
930372.02
930372.03
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930373.00
930373.01
930373.02
930373.03
930373.04
930373.05
930373.06
930373.11
930373.21
930374.01
930374.10
930375.01
930375.10
930400.01

PB

SAVA

UN

WILLOWBROOK PB 56 PG 27 - 33

OAKS - PHASE 1

PB 42 PG 49-59

LAKE/STORM WATER

PB 44 PG 1-13

LAKE/STORM WATER MANAGEMENT FACILITY

PARK

NATURES HAMMOCK

PB 43 PG 67-79

SAVANNAH GLEN UNIT 4
PB 33  PG 55

CC U A LIFT STAT IO N S ITE

OAKS - PHASE 2

WATERFORD OAKS DR

LAKE/STORM WATER MANAGEMENT FACILITY

12-C
OAKLEAF PLANTATION SCHOOL SITE

LAKE/STORM WATER

PB 43 57-66

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LAKE/STORM WATER MANAGEMENT FACILITY

BRANAN FIELD RD

PB 44  PG 73-80

WATERFORD  OAKS  DR

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