Hamilton Bluff Community Development District

Meeting Agenda August 28, 2024

-. ·- -

Hamilton Bluff
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
August 21, 2024
Board of Supervisors Meeting
Hamilton Bluff Community Development District

Dear Board Members:
A Board of Supervisors meeting of the Hamilton Bluff Community Development District will be held on Wednesday, August 28, 2024, at 9:45 AM at 346 E. Central Ave., Winter Haven, FL 33880.
Zoom Video Link: https://us06web.zoom.us/j/82469611470
Call-In Information: 1-646-876-9923
Meeting ID: 824 6961 1470

Following is the advance agenda for the meeting:
Board of Supervisors Meeting
Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Organizational Matters
Acceptance of Resignation of Eric Lavoie
Appointment to Fill Vacant Board Seat #3
Administration of Oath to Newly Appointed Supervisor
Consideration of Resolution 2024-11 Appointing an Assistant Secretary
Approval of Minutes of the July 24, 2024 Board of Supervisors Meeting
Consideration of Resolution 2024-08 Second Amending Resolution Amending and Supplementing Resolutions 2022-38 and 2024-01 Regarding the Authorization of the Boundary Amendment
Consideration of Resolution 2024-10 Approving the Proposed Fiscal Year 2024/2025 Budget (Suggested Date: September 25, 2024), Declaring Special Assessments, and Setting the Public Hearings on the Fiscal Year 2024/2024 Budget and Imposition of Operations and Maintenance Assessments
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

Section III

Section A

August21,2024

Governmental Management Services 219 East Livingston Street
Orlando, Florida 32801

To Whom It May Concern,
I would like to give my resignation to the Board of Supervisors for the following districts, effective immediately:
Eden Hills Community Development District
Forest Lake Community Development District
Hamilton Bluff Community Development District
Hammock Reserve Community Development District
Scenic Highway Community Development District
VillaMar Community Development District

West Side Haines City Community Development District Thank you,

Section D

RESOLUTION NO. 2024-11

A RESOLUTION OF THE BOARD OF SUPERVISORS OF HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT DESIGNATING AN ASSISTANT SECRETARY OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, Hamilton Bluff Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the Town of Lake Hamilton, Florida; and

WHEREAS, the Board of Supervisors of the District desires to appoint Assistant Secretaries.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. 	 is appointed Assistant Secretary.

SECTION 2. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 28th day of August 2024.

ATTEST:	HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

MINUTES

MINUTES OF MEETING HAMILTON BLUFF
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hamilton Bluff Community Development District was held on Wednesday, July 24, 2024, at 9:45 a.m. at 346 E. Central Ave., Winter Haven, Florida.

Present and constituting a quorum were:

Lauren Schwenk	Vice Chairperson
Bobbie Henley	Assistant Secretary
Eric Lavoie	Assistant Secretary
Lindsey Roden	Appointed as Assistant Secretary Also, present were:
Jill Burns	District Manager, GMS
Roy Van Wyk via Zoom	District Counsel, Kilinski Van Wyk

The following is a summary of the discussions and actions taken at the July 24, 2024, Hamilton Bluff Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called roll. Three Supervisors were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no public members present at the meeting.

THIRD ORDER OF BUSINESS	Organizational Matters
A. Acceptance of Resignation of Jessica Kowalski
Ms. Burns asked for a motion to approve Ms. Kowalski’s resignation.

On MOTION by Ms. Henley, seconded by Ms. Schwenk, with all in favor, Accepting the Resignation of Jessica Kowalski, was approved.

July 24, 2024,	Hamilton Bluff CDD

B. Appointment to Fill Vacant Board Seat #5
Ms. Burns asked for a nomination to fill the vacant seat. Ms. Henley nominated Lindsey
Roden.

On MOTION by Ms. Henley, seconded by Ms. Schwenk, with all in favor, the Appointment to Fill Vacant Board Seat #5 with Lindsey Roden, was approved.

C. Administration of Oath to Newly Appointed Supervisor
Ms. Burns swore in Ms. Roden.

D. Consideration of Resolution 2024-07 Appointing an Assistant Secretary
Ms. Burns stated that this resolution will appoint Ms. Roden an Assistant Secretary.

On MOTION by Ms. Henley, seconded by Mr. Lavoie, with all in favor, Resolution 2024-07 Appointing an Assistant Secretary, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the May 22, 2024,
Board of Supervisors Meeting
Ms. Burns asked for any comments or corrections.

On MOTION by Ms. Schwenk, seconded by Ms. Henley, with all in favor, the Minutes of the May 22, 2024, Board of Supervisors Meeting, was approved.

FIFTH ORDER OF BUSINESS	Public Hearing
A. Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget
Ms. Burns asked for a motion to open the public hearing.

On MOTION by Ms. Schwenk, seconded by Ms. Henley, with all in favor, Opening the Public Hearing was approved.

Ms. Burns stated there were no members of the public present to provide comments. She asked for a motion to close the public hearing.

2

July 24, 2024,	Hamilton Bluff CDD

On MOTION by Ms. Roden, seconded by Ms. Schwenk, with all in favor, Closing the Public Hearing was approved.

Consideration of Resolution 2024-08 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds
Ms. Burns stated the budget included is developer funded. She noted that this resolution would levy the debt assessments and certify them for collection.

On MOTION by Ms. Schwenk, seconded by Ms. Henley, with all in favor, Resolution 2024-08 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds, was approved.

On MOTION by Ms. Schwenk, seconded by Ms. Roden, with all in favor, Reconsidering Resolution 2024-08 Adopting the District’s Fiscal Year 2024/2025 Budget with Direction to Table the Budget Resolution, was approved.

Consideration of Fiscal Year 2024/2025 Developer Funding Agreement
Ms. Burns stated this Funding Agreement is with GLK Hamilton Bluff.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Fiscal Year 2024/2025 Developer Funding Agreement, was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-09
Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2024/2025
Ms. Burns stated the monthly Board meetings will be held on the first Tuesday of the month at 9:45 a.m.

On MOTION by Ms. Schwenk, seconded by Ms. Roden, with all in favor, Resolution 2024-09 Designation of a Regular Monthly Meeting date, Time, and Location for Fiscal Year 2024/2025, was approved.

3

July 24, 2024,	Hamilton Bluff CDD

SEVENTH ORDER OF BUSINESS	Consideration of the Adoption of Goals
and Objectives for the District
Ms. Burns stated this will meet all the statutory requirements that are in place.

On MOTION by Ms. Roden, seconded by Ms. Henley with all in favor, the Adoption of Goals and Objectives for the District, was approved.

EIGHTH ORDER OF BUSINESS	Presentation of Fiscal Year 2023 Audit
Report
Ms. Burns reviewed the audit report for Fiscal Year 2023. She noted that it was a clean audit and there were no findings.

On MOTION by Ms. Henley, seconded by Mr. Lavoie, with all in favor, Fiscal Year 2023 Audit Report, was approved.

NINTH ORDER OF BUSINESS	Ratification  of  Phase  1  and  Phase  2
Conveyance Documents
Ms. Burns stated these documents were already executed; they just need ratification from the Board.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the Phase 1 and Phase 2 Conveyance Documents, were ratified.

TENTH ORDER OF BUSINESS	Rejection of Bids for Eagle Landing Phase
2 Project and Authorizing Staff to Send Out Notice to Bidders
Ms. Burns stated the District engineer already notified the bidders, but the Board has not yet acted.

On MOTION by Ms. Roden, seconded by Mr. Lavoie, with all in favor, the Rejection of Bids for Eagle Landing Phase 2 Project and Authorizing Staff to Send Out Notice to Bidders, was approved.

ELEVENTH ORDER OF BUSINESS	Staff Reports

4

July 24, 2024,	Hamilton Bluff CDD

Attorney
Mr. Malave had nothing further to report at this time.

Engineer
There being no comments, the next item followed.

District Manager’s Report
Approval of Check Register
Ms. Burns asked for a motion to approve the check register.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Check Register, was approved.

Board.

Balance Sheet & Income Statement
Ms. Burns reviewed the financial statements and offered to answer any questions from the

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

THIRTEENTH ORDER OF BUSINESS	Supervisors	Request	and	Audience
Comments
There being no comments, the next item followed.

FOURTEENTH ORDER OF BUSINESS	Adjournment
The meeting was adjourned.

On MOTION by Ms. Roden, seconded by Mr. Lavoie, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

Section V

RESOLUTION NO. 2024-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT AMENDING AND SUPPLEMENTING RESOLUTION NOS. 2022-38 AND 2024-01 DIRECTING THE CHAIRPERSON AND DISTRICT STAFF TO FILE A PETITION WITH THE TOWN OF LAKE HAMILTON, FLORIDA, REQUESTING THE ADOPTION OF AN ORDINANCE AMENDING THE DISTRICT’S BOUNDARIES, AND AUTHORIZING SUCH OTHER ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE BOUNDARY AMENDMENT PROCESS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes (“Act”), as established by Ordinance No. O-22-06, adopted by the Town Council of the Town of Lake Hamilton, Florida, effective March 1, 2022 (the “Ordinance”), and being situated within the Town of Lake Hamilton, Florida (the “Town”); and

WHEREAS, pursuant to the Act, the District is authorized to construct, acquire, operate, and maintain infrastructure improvements and services; and

WHEREAS, the District presently consists of approximately 266 acres of land, more or less, as more fully described in the Ordinance; and
WHEREAS, the District previously adopted Resolution Nos. 2022-38 and 2024-01 (the “Boundary Amendment Resolutions”), authorizing an amendment to the District’s boundaries; and

WHEREAS, the developer of the lands within the District (“Developer”), has requested that the Boundary Amendment Resolutions be further amended to include a revised total of approximately 	 additional acres of land, more or less into the external boundaries of the District, as more particularly described in the attached Exhibit A (together, “Boundary Amendment Parcels”), with precise acreage subject to confirmation; and

WHEREAS, the proposed boundary amendment is in the best interests of the District and the area of land within the proposed amended boundaries of the District will continue to be of sufficient size, sufficiently compact, and sufficiently contiguous to be developable as one functionally related community; and

WHEREAS, in order to seek a boundary amendment pursuant to Chapter 190, Florida Statutes, the District desires to authorize District staff, including but not limited to legal, engineering, and managerial staff, to provide such services as are necessary throughout the pendency of the boundary amendment process; and
1

WHEREAS, the District desires to petition to amend its boundaries in accordance with the procedures and processes described in Chapter 190, Florida Statutes, which processes include the preparation of a petition to the Town, and such other actions as are necessary in furtherance of the boundary amendment process.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The recitals stated above are true and correct and by this reference are incorporated into and form a material part of this Resolution.
SECTION 2. The Boundary Amendment Resolutions are hereby amended and supplemented by this Resolution No. 2024-08 to include the revised additional lands described in Exhibit A.

SECTION 3. The Board hereby directs the Chairperson and District staff to proceed in an expeditious manner with the preparation and filing of a petition and related materials with the Town to seek the amendment of the District’s boundaries to include the lands depicted in Exhibit A, pursuant to Chapter 190, Florida Statutes, and authorizes the prosecution of the procedural requirements detailed in Chapter 190, Florida Statutes, for the amendment of the District’s boundaries.
SECTION 4. The Board hereby authorizes the District Chairperson, District Manager and District Counsel to act as agents of the District with regard to any and all matters pertaining to the petition to the Town to amend the boundaries of the District.

SECTION 5. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 28th day of August 2024.

ATTEST:	HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Boundary Amendment Parcels

2

EXHIBIT A
Boundary Amendment Parcels

OVERLOOK AT HAMILTON BLUFF	
MAP ID	Parcel ID	
338	272810-000000-024010	
351	272814-000000-033020	
352A	272814-000000-034000A	
353	272815-000000-011010	
354	272815-000000-011020	
355	272815-000000-012010	
356	272815-000000-013060	
357	272815-000000-013040	
358	272815-000000-013050	
359	272815-000000-014010	
360	272815-000000-014020	
470	272815-000000-012030	
706	272815-000000-032010	
707	272815-000000-032020	
708	272815-000000-032030	
LH29	272815-000000-013010	
LH31	272815-000000-031020	
LH32	272815-000000-031040	
LH33	272810-000000-042050	
LH34	272810-000000-042020	
LH35	272815-000000-031010	
LH53	272810-000000-023040	
LH55	272810-000000-042010	

LH57	
272810-000000-023030A	
{PARCEL DESCRIPTIONS CONTINUE ON NEXT PAGE}

3

BROOK HOLLOW PHASE 2	
MAP ID	Parcel ID	
303	272821-000000-014020	
412	272821-000000-014040	
414	272821-000000-014030	
LH11	272821-000000-014010	

4

Section VI

RESOLUTION 2024-10
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGET PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS;	ADDRESSING	PUBLICATION;	ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Hamilton Bluff Community Development District (“District”) prior to June 15, 2024, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2025”); and
WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and
WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget, all of which are on file and available for public inspection   at   the   “District’s   Office,”   219   E.   Livingston   Street Orlando, Florida 32801. The Assessments shall be levied within the District on all benefitted lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one or more installments pursuant to a bill issued by the District in October of 2024, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:
DATE:	Wednesday, September 25, 2024
HOUR:	9:45 A.M.
LOCATION:	346 East Central Avenue Winter Haven, Florida 33880
TRANSMITTAL	OF	PROPOSED	BUDGET	TO	LOCAL	GENERAL-
PURPOSE GOVERNMENT. The District Manager has submitted a copy of the Proposed Budget to the Town of Lake Hamilton and Polk 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 3 and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings 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 28th DAY OF AUGUST 2024.
ATTEST:	HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT

Secretary

Exhibit A:	Proposed Budget for Fiscal Year 2025

By: 	
Its: 	

Hamilton Bluff
Community Development District

Proposed Budget
FY2025

Table of Contents

1

2-4

5

6-7

General Fund General Fund Narrative Debt Service - Series 2024 Amortization Schedule

Hamilton Bluff
Community Development District Proposed Budget
General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	5/31/24	4 Months	9/30/24	FY2025	
Revenues

Assessments
Developer Contributions	$	-
$	430,750	$	-
$	60,000	$	-
$	-	$	-
$	60,000	$	555,750
$	-	
Boundary Amendment Contributions	$	-	$	47,627	$	-	$	47,627	$	-	
Lot Closings	$	-	$	104,832	$	-	$	104,832	$	-	
Total Revenues	$	430,750	$	212,459	$	-	$	212,459	$	555,750	
Expenditures						
General & Administrative
Supervisor Fees	

$	12,000	

$	4,600	

$	4,000	

$	8,600	

$	12,000	
Engineering	$	15,000	$	4,610	$	4,500	$	9,110	$	10,000	
Attorney	$	25,000	$	15,326	$	7,663	$	22,988	$	25,000	
Annual Audit	$	2,950	$	-	$	2,850	$	2,850	$	2,950	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	$	450	
Dissemination	$	5,000	$	417	$	2,292	$	2,709	$	5,000	
Trustee Fees	$	4,050	$	-	$	-	$	-	$	4,050	
Management Fees	$	35,000	$	23,333	$	11,667	$	35,000	$	38,000	
Information Technology	$	1,800	$	1,200	$	600	$	1,800	$	1,890	
Website Maintenance	$	1,200	$	800	$	400	$	1,200	$	1,260	
Postage & Delivery	$	1,000	$	71	$	200	$	271	$	1,000	
Insurance	$	5,500	$	5,200	$	-	$	5,200	$	6,000	
Copies	$	1,000	$	-	$	50	$	50	$	500	
Legal Advertising	$	10,000	$	1,878	$	3,333	$	5,211	$	10,000	
Boundary Amendment Expenses	$	-	$	41,966	$	-	$	41,966	$	-	
Other Current Charges	$	5,000	$	316	$	1,000	$	1,316	$	6,850	
Office Supplies	$	625	$	12	$	20	$	32	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	130,750	$	99,903	$	38,575	$	138,478  $	130,750	

Operations & Maintenance
Playground Lease	

$	50,000	

$	-	

$	-	

$	-	$	100,000	
Field Contingency	$	250,000	$	-	$	-	$	-	$	250,000	
First Quarter Operating Reserve	$	-	$	-	$	-	$	-	$	75,000	
Total Operations & Maintenance:	$	300,000	$	-	$	-	$	-	$	425,000	
					
Total Expenditures	$	430,750	$	99,903	$	38,575	$	138,478  $	555,750	

Excess Revenues/(Expenditures)	$	-	$	112,556	$	(38,575)	$	73,982	$	-	

Net Assessments	
$555,750	
Add: Discounts & Collections 7%	$41,831	
Gross Assessments	$597,581	

Product Type	Assessable Units	ERU/Unit	Total ERUs	Net Assessment	Net Per Unit	Gross Per Unit	
Lennar	151	1.00	151	$67,404.22	$446.39	$479.98	
DRB	152	1.00	152	$67,850.60	$446.39	$479.98	
GLK	942	1.00	942	$420,495.18	$446.39	$479.98	
	1245		1245	$555,750.00			

1

Hamilton Bluff
Community Development District
General Fund Budget

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer, Dewberry Engineering, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Kilinski | Van Wyk, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. This service is provided by McDirmit Davis, LLC.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District has contracted with AMTEC to annually calculate the District’s Arbitrage Rebate Liability on its Series 2021 bond issuance and anticipates this cost with future bond issuances.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This service is contracted

2

Hamilton Bluff
Community Development District
General Fund Budget

with Governmental Management Services – Central FL LLC for its current Series 2021 bond issuance and anticipated bond issuances.

Trustee Fees

The District will incur trustee related costs with the issuance of its Series 2021 bond and anticipated issuances with US Bank.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology with Governmental Management Services–Central Florida, LLC for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs with Governmental Management Services–Central Florida LLC associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages with Florida Insurance Alliance.

Copies

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

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

3

Hamilton Bluff
Community Development District
General Fund Budget

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Playground Lease

Represents the estimated cost of leasing playground equipment.

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year for field related items.

First Quarter Operating Reserve

Represents reserve funds established to cover district expenses for the first quarter of the year.

4

Hamilton Bluff
Community Development District Proposed Budget
General Fund

		Adopted
Budget	Actuals
Thru	Projected
Next	Projected
Thru	Proposed
Budget	
	Description	FY2024	05/31/24	4 Months	09/30/24	FY2025	

Revenues							

Assessments	
$	
-	
$	
-	
$	
672,749	
$	
672,749	
$	
1,330,790	
Interest	$	-	$	9,163	$	12,218	$	21,381	$	-	
Carry Forward Surplus (1)	$	-	$	-	$	-	$	-	$	672,749	
Total Revenues	$	-	$	9,163	$	684,967	$	694,130	$	2,003,539	

Expenditures

Interest - 11/1 Principal - 5/1 Interest - 5/1	$	-	$	-
$	-	$	-
$	-	$	-	$	-	$	-	$	672,749
$	-	$	-	$	270,000
$	-	$	-	$	533,458	
Total Expenditures	$	-	$	-	$	-	$	-	$ 1,476,207	

Other Sources/(Uses)			

Bond Proceeds	
$	-	
$  1,330,790	
$	-	
$	1,330,790	
$	-	
Transfer In/(Out)	$	-	$	(9,163)	$	(12,218)	$	(21,381)	$	-	
Total Other Sources/(Uses)	$	-	$ 1,321,627	$	(12,218)	$	1,309,409	$	-	
					
Excess Revenues/(Expenditures)	$	-	$  1,330,790	$	672,749	$	2,003,539	$	527,332	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

527,112.50

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family 40'	341	$596,656	$1,749.72	$1,881.42	
Single Family 40' - Meritage	89	$146,827	$1,649.74	$1,773.91	
Single Family 50'	264	$461,927	$1,749.72	$1,881.42	
Single Family 50' - Meritage	76	$125,380	$1,649.74	$1,773.91	
Total	770	$1,330,790			

5

Hamilton Bluff Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	19,165,000.00	$	-	$	672,749.18	$	672,749.18	
05/01/25	$	19,165,000.00	$	270,000.00	$	533,457.50		
11/01/25	$	18,895,000.00	$	-	$	527,112.50	$	1,330,570.00	
05/01/26	$	18,895,000.00	$	280,000.00	$	527,112.50		
11/01/26	$	18,615,000.00	$	-	$	520,532.50	$	1,327,645.00	
05/01/27	$	18,615,000.00	$	295,000.00	$	520,532.50		
11/01/27	$	18,320,000.00	$	-	$	513,600.00	$	1,329,132.50	
05/01/28	$	18,320,000.00	$	310,000.00	$	513,600.00		
11/01/28	$	18,010,000.00	$	-	$	506,315.00	$	1,329,915.00	
05/01/29	$	18,010,000.00	$	325,000.00	$	506,315.00		
11/01/29	$	17,685,000.00	$	-	$	498,677.50	$	1,329,992.50	
05/01/30	$	17,685,000.00	$	340,000.00	$	498,677.50		
11/01/30	$	17,345,000.00	$	-	$	490,687.50	$	1,329,365.00	
05/01/31	$	17,345,000.00	$	355,000.00	$	490,687.50		
11/01/31	$	16,990,000.00	$	-	$	482,345.00	$	1,328,032.50	
05/01/32	$	16,990,000.00	$	375,000.00	$	482,345.00		
11/01/32	$	16,615,000.00	$	-	$	472,032.50	$	1,329,377.50	
05/01/33	$	16,615,000.00	$	395,000.00	$	472,032.50		
11/01/33	$	16,220,000.00	$	-	$	461,170.00	$	1,328,202.50	
05/01/34	$	16,220,000.00	$	420,000.00	$	461,170.00		
11/01/34	$	15,800,000.00	$	-	$	449,620.00	$	1,330,790.00	
05/01/35	$	15,800,000.00	$	440,000.00	$	449,620.00		
11/01/35	$	15,360,000.00	$	-	$	437,520.00	$	1,327,140.00	
05/01/36	$	15,360,000.00	$	465,000.00	$	437,520.00		
11/01/36	$	14,895,000.00	$	-	$	424,732.50	$	1,327,252.50	
05/01/37	$	14,895,000.00	$	490,000.00	$	424,732.50		
11/01/37	$	14,405,000.00	$	-	$	411,257.50	$	1,325,990.00	
05/01/38	$	14,405,000.00	$	520,000.00	$	411,257.50		
11/01/38	$	13,885,000.00	$	-	$	396,957.50	$	1,328,215.00	
05/01/39	$	13,885,000.00	$	550,000.00	$	396,957.50		
11/01/39	$	13,335,000.00	$	-	$	381,832.50	$	1,328,790.00	
05/01/40	$	13,335,000.00	$	580,000.00	$	381,832.50		
11/01/40	$	12,755,000.00	$	-	$	365,882.50	$	1,327,715.00	
05/01/41	$	12,755,000.00	$	615,000.00	$	365,882.50		
11/01/41	$	10,805,000.00	$	-	$	348,970.00	$	1,329,852.50	
05/01/42	$	10,080,000.00	$	650,000.00	$	348,970.00		
11/01/42	$	10,080,000.00	$	-	$	331,095.00	$	1,330,065.00	
05/01/43	$	10,080,000.00	$	685,000.00	$	331,095.00		
11/01/43	$	10,080,000.00	$	-	$	312,257.50	$	1,328,352.50	
05/01/44	$	10,080,000.00	$	725,000.00	$	312,257.50		
11/01/44	$	10,080,000.00	$	-	$	292,320.00	$	1,329,577.50	
05/01/45	$	10,080,000.00	$	765,000.00	$	292,320.00		
6

Hamilton Bluff Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/45	$	9,315,000.00	$	-	$	270,135.00	$	1,327,455.00	
05/01/46	$	9,315,000.00	$	810,000.00	$	270,135.00		
11/01/46	$	8,505,000.00	$	-	$	246,645.00	$	1,326,780.00	
05/01/47	$	8,505,000.00	$	860,000.00	$	246,645.00		
11/01/47	$	7,645,000.00	$	-	$	221,705.00	$	1,328,350.00	
05/01/48	$	7,645,000.00	$	910,000.00	$	221,705.00		
11/01/48	$	6,735,000.00	$	-	$	195,315.00	$	1,327,020.00	
05/01/49	$	6,735,000.00	$	965,000.00	$	195,315.00		
11/01/49	$	5,770,000.00	$	-	$	167,330.00	$	1,327,645.00	
05/01/50	$	5,770,000.00	$	1,025,000.00	$	167,330.00		
11/01/50	$	4,745,000.00	$	-	$	137,605.00	$	1,329,935.00	
05/01/51	$	3,660,000.00	$	1,085,000.00	$	137,605.00		
11/01/51	$	3,660,000.00	$	-	$	106,140.00	$	1,328,745.00	
05/01/52	$	2,510,000.00	$	1,150,000.00	$	106,140.00		
11/01/52	$	2,510,000.00	$	-	$	72,790.00	$	1,328,930.00	
05/01/53	$	1,290,000.00	$	1,220,000.00	$	72,790.00		
11/01/53	$	1,290,000.00	$	-	$	37,410.00	$	1,330,200.00	
05/01/54	$	-	$	1,290,000.00	$	37,410.00	$	1,327,410.00	
	$	19,165,000.00	$	21,366,191.68	$	40,531,191.68	

7

Section VII

Section C

Section 1

Hamilton Bluff Community Development District

Summary of Checks

July 14, 2024 to August 19, 2024

Bank	Date	Check No.'s		Amount	

General Fund					
	7/17/24	162	$	3,584.01	
	7/24/24	163-164	$	3,976.00	
	8/1/24	165	$	1,824.50	
	8/8/24	166-171	$	2,076.52	
			$	11,461.03	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/21/24	PAGE	1
*** CHECK DATES 07/14/2024 - 08/19/2024 ***	GENERAL FUND-HAMILTON BLUFF
BANK A GENERAL FUND

DATE		DATE	
7/17/24	00001	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#

	*	2,916.67		
	*	100.00			
	*	150.00			
	*	416.67			
	*	.03			
		*	.64			

33	202407 310-51300-34000
MANAGEMENT FEES - JUL 24
33	202407 310-51300-35200
WEBSITE ADMIN - JUL 24
33	202407 310-51300-35100
INFORMATION TECH - JUL 24
33	202407 310-51300-31300
DISSEMINATION - JUL 24
33	202407 310-51300-51000
OFFICE SUPPLIES
33	202407 310-51300-42000

MANAGEMENT SERVICES-CF									3,584.01	000162	
- - - - - - - - - - - -	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
		*						2,950.00			

POSTAGE
GOVERNMENTAL
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/24/24 00015	7/15/24 90103071 202407 310-51300-32200
FY23 AUDIT SERVICES
DIBARTOLOMEO,MCBEE,HARTLEY & BARNES	2,950.00 000163
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/24/24 00014	7/16/24 9763	202406 310-51300-31500	*	1,026.00
GENERAL COUNSEL - JUN 24
KILINSKI / VAN WYK, PLLC	1,026.00 000164
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/01/24 00014	6/19/24 9575	202405 310-51300-49100	*	1,824.50
BOUNDARY AMENDMENT FEE
KILINSKI / VAN WYK, PLLC	1,824.50 000165
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/24 00011	7/24/24 BH072420 202407 310-51300-11000	*	200.00
SUPERVISOR FEE 07/24/2024
BOBBIE HENLEY	200.00 000166
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/24 00007	7/26/24 22415676 202406 310-51300-31100	*	550.00
ENGINEER SERVICES JUN 24
DEWBERRY ENGINEERS INC.	550.00 000167
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/24 00013	7/24/24 EL072420 202407 310-51300-11000	*	200.00
SUPERVISOR FEE 07/24/2024
ERIC LAVOIE	200.00 000168
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/24 00016	7/31/24 00065842 202407 310-51300-48000	*	726.52
NOT OF FY25 BUDGET
GANNETT FLORIDA LOCALIQ	726.52 000169
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/24 00009	7/24/24 LS072420 202407 310-51300-11000	*	200.00
SUPERVISOR FEE 07/24/2024
LAUREN SCHWENK	200.00 000170
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMB HAMILTON BLUFF KCOSTA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/21/24	PAGE	2
*** CHECK DATES 07/14/2024 - 08/19/2024 ***	GENERAL FUND-HAMILTON BLUFF
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/08/24 00024	7/24/24 LR072420 202407 310-51300-11000	*	200.00
SUPERVISOR FEE 07/24/2024
LINDSEY RODEN	200.00 000171
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	11,461.03
TOTAL FOR REGISTER	11,461.03

HAMB HAMILTON BLUFF KCOSTA

Section 2

Hamilton Bluff
Community Development District

Unaudited Financial Reporting
July 31, 2024

Table of Contents

	Balance Sheet

	General Fund

	Series 2024 Debt Service Fund

	Series 2024 Capital Projects Fund

	Month to Month

	Long Term Debt Report

Hamilton Bluff
Community Development District Combined Balance Sheet
July 31, 2024

General
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	104,229	

$	

-	

$	

-	

$	104,229	
Investments:
Series 2024							
Construction	$	-	$	-	$	4,122,341	$	4,122,341	
Cost of Issuance	$	-	$	-	$	95	$	95	
Reserve	$	-	$	1,330,790	$	-	$	1,330,790	
Revenue	$	-	$	268,186	$	-	$	268,186	
Total Assets	$	104,229	$	1,598,976	$	4,122,436	$	5,825,641	
Liabilities:
Accounts Payable	

$	3,901	$	-	$	-	

$	3,901	
Total Liabilites	$	3,901	$	-	$	-	$	3,901	
Fund Balance:
Restricted For:
Debt Service - Series 2024	

$	-	$	1,598,976	$	-	

$	1,598,976	
Capital Projects - Series 2024	$	-	$	-	$	4,122,436	$	4,122,436	
Unassigned	$	100,328	$	-	$	-	$	100,328	
Total Fund Balances	$	100,328	$	1,598,976	$	4,122,436	$	5,821,740	
					
Total Liabilities & Fund Balance	$	104,229	$	1,598,976	$	4,122,436	$	5,825,641	

Hamilton Bluff
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 07/31/24	Thru 07/31/24	Variance	

Revenues:					
Developer Contributions	$	430,750	$	60,000	$	60,000	$	-	
Boundary Amendment Contributions	$	-	$	-	$	60,248	$	60,248	
Lot Closings	$	-	$	-	$	104,832	$	104,832	
Total Revenues	$	430,750	$	60,000	$	225,080	$	165,080	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	10,000	$	5,400	$	4,600	
Engineering	$	15,000	$	12,500	$	5,160	$	7,340	
Attorney	$	25,000	$	20,833	$	16,352	$	4,482	
Annual Audit	$	2,950	$	2,950	$	2,950	$	-	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	
Arbitrage	$	450	$	450	$	-	$	450	
Dissemination	$	5,000	$	4,167	$	1,250	$	2,917	
Trustee Fees	$	4,050	$	4,050	$	-	$	4,050	
Management Fees	$	35,000	$	29,167	$	29,167	$	-	
Information Technology	$	1,800	$	1,500	$	1,500	$	-	
Website Maintenance	$	1,200	$	1,000	$	1,000	$	-	
Postage & Delivery	$	1,000	$	833	$	136	$	697	
Insurance	$	5,500	$	5,500	$	5,200	$	300	
Printing & Binding	$	1,000	$	833	$	-	$	833	
Legal Advertising	$	10,000	$	8,333	$	2,604	$	5,729	
Boundary Amendment Expenses	$	-	$	-	$	43,791	$	(43,791)	
Other Current Charges	$	5,000	$	4,167	$	418	$	3,748	
Office Supplies	$	625	$	521	$	15	$	506	
Travel Per Diem	$	-	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	130,750	$	111,979	$	115,118	$	(3,139)	

Operations & Maintenance
Playground Lease	

$	50,000	

$	41,667	

$	-	

$	41,667	
Field Contingency	$	250,000	$	208,333	$	-	$	208,333	
Total Operations & Maintenance	$	300,000	$	250,000	$	-	$	250,000	
					
Total Expenditures	$	430,750	$	361,979	$	115,118	$	246,861	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	109,962		
					
Fund Balance - Beginning	$	-		$	(9,634)		
					
Fund Balance - Ending	$	-		$	100,328		

Hamilton Bluff
Community Development District Series 2024 Debt Service Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2024

	Adopted	Projected Budget	Actual		
		Budget	Thru 07/31/24	Thru 07/31/24	Variance	

Revenues:					
Assessments - Lot Closings	$		-	$	-	$	268,013	$	(268,013)	
Interest	$		-	$	-	$	20,982	$	(20,982)	
Total Revenues	$		-	$	-	$	288,995	$	(288,995)	

Expenditures:					
Series 2024
Interest - 11/1	
$		
-	$	-	$	-	
$	-	
Principal - 5/1 Interest - 5/1	$
$		-	$	-	$	-
-	$	-	$	-	$	-
$	-	
Total Expenditures	$		-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	-	$	288,995	$	(288,995)	

Other Financing Sources/(Uses):					
Bond Proceeds	$		-	$	-	$	1,330,790	$	1,330,790	
Transfer In/(Out)	$		-	$	-	$	(20,809)	$	20,809	
Total Other Financing Sources/(Uses)	$		-	$	1,309,981		
					
Net Change in Fund Balance	$		-	$	1,598,976		
					
Fund Balance - Beginning	$		-	$	-		
					
Fund Balance - Ending	$		-	$	1,598,976		

Hamilton Bluff
Community Development District Series 2024 Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/24	Thru 07/31/24	Variance	

Revenues		
Interest	$	-	$	-	$	174,066	$	174,066	
Total Revenues	$	-	$	-	$	174,066	$	174,066	

Expenditures:					
Capital Outlay	$	-	$	-	$	13,238,500	$ (13,238,500)	
Capital Outlay - Cost of Issuance	$	-	$	-	$	668,150	$	(668,150)	
Total Expenditures	$	-	$	-	$	13,906,650	$ (13,906,650)	
					
Excess (Deficiency) of Revenues over Expenditure	$	-	$ (13,732,584)		

Other Financing Sources/(Uses)					
Bond Proceeds	$	-	$	-	$	17,759,246	$	17,759,246	
Original Issue Discount	$	-	$	-	$	74,964	$	74,964	
Transfer In/(Out)	$	-	$	-	$	20,809	$	20,809	
Total Other Financing Sources (Uses)	$	-	$	-	$	17,855,019	$	17,855,019	
					
Net Change in Fund Balance	$	-	$	4,122,436		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	4,122,436		

Hamilton Bluff
Community Development District Month to Month

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														
Developer Contributions	$	20,000	$	-	$	-	$	20,000	$	-	$	-	$	20,000	$	-	$	-	$	-	$	-	$	-	$	60,000	
Boundary Amendment Contributions	$	-	$	7,228	$	15,934	$	9,138	$	9,920	$	2,189	$	3,220	$	-	$	10,796	$	1,825	$	-	$	-	$	60,248	
Lot Closings	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	104,832	$	-	$	-	$	-	$	-	$  104,832	
Total Revenues	$	20,000	$	7,228	$	15,934	$	29,138	$	9,920	$	2,189	$	23,220	$	104,832	$	10,796	$	1,825	$	-	$	-	$  225,080	

Expenditures:												
General & Administrative:												
Supervisor Fees	$	600	$	-	$	-	$	1,200	$	800	$	1,400	$	-	$	600	$	-	$	800	$	-  $	-  $	5,400	
Engineering	$	255	$	263	$	-	$	1,903	$	385	$	-	$	-	$	1,805	$	550	$	-	$	-  $	-  $	5,160	
Attorney	$	1,525	$	1,275	$	1,097	$	1,809	$	1,846	$	4,717	$	2,121	$	937	$	1,026	$	-	$	-  $	-  $	16,352	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,950	$	-  $	-  $	2,950	
Assessment Administration	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Dissemination	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	417	$	417	$	417	$	-  $	-  $	1,250	
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Management Fees	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	-  $	-  $	29,167	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	1,500	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	1,000	
Postage & Delivery	$	1	$	27	$	3	$	3	$	11	$	7	$	15	$	4	$	65	$	1	$	-  $	-  $	136	
Insurance	$	5,200	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	5,200	
Printing & Binding	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Legal Advertising	$	-	$	321	$	1,236	$	-	$	321	$	-	$	-	$	-	$	-	$	727	$	-  $	-  $	2,604	
Boundary Amendment Expenses	$	3,944	$	9,138	$	8,625	$	2,472	$	1,011	$	11,987	$	2,029	$	4,585	$	-	$	-	$	-  $	-  $	43,791	
Other Current Charges	$	38	$	38	$	38	$	38	$	40	$	41	$	41	$	41	$	40	$	62	$	-  $	-  $	418	
Office Supplies	$	0	$	3	$	0	$	0	$	6	$	3	$	0	$	0	$	3	$	0	$	-  $	-  $	15	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	175	
Total General & Administrative	$	14,905	$	14,231	$	14,166	$	10,591	$	7,586	$	21,322	$	7,373	$	11,554	$	5,267	$	8,123	$	-  $	-  $  115,118	

Operations & Maintenance
Playground Lease	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-  $	-  $	-	
Field Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
Total Operations & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
												
Total Expenditures	$	14,905	$	14,231	$	14,166	$	10,591	$	7,586	$	21,322	$	7,373	$	11,554	$	5,267	$	8,123	$	-  $	-  $  115,118	
												
Excess (Deficiency) of Revenues over Expenditures	$	5,095	$	(7,004)	$	1,767	$	18,547	$	2,334	$	(19,133)	$	15,847	$	93,278	$	5,529	$	(6,298)	$	-  $	-  $  109,962	

Hamilton Bluff
Community Development District Long Term Debt Report

	Series 2024, Special Assessment Revenue Bonds		
Interest Rate:	4.700%, 5.500%, 5.800%%		
Maturity Date:	5/1/2054		
Reserve Fund Definition	Maximum Annual Debt Service		
Reserve Fund Requirement	$1,330,790		
Reserve Fund Balance	$1,330,790		
Bonds Outstanding - 3/14/24		$19,165,000	
Current Bonds Outstanding	$19,165,000