Blackburn Creek Community Development District
12051 Corporate Boulevard, Orlando, FL 32817
Phone 407-723-5900; Fax 407-723-5901
www.blackburncreekcdd.com

The meeting of the Board of Supervisors for the Blackburn Creek Community Development District will be held Wednesday, August 12, 2020 at 12:00 p.m. at the 5800 Lakewood Ranch Blvd, Sarasota, FL 34240. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 (New) Passcode: 790 562 990 # (New)
 BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Call to Order
Roll Call
Public Comment Period[for any members of the public desiring to speak on any proposition before the Board]

General Business Matters

Consideration of the Minutes of the July 8, 2020 Board of Supervisors’ Meeting
Review & Acceptance of Fiscal Year 2019 Audit Report
Public Hearing on Adopting the Fiscal Year 2021 Budget and Appropriating Funds
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020-05, Adopting the Fiscal Year 2021 Budget and Appropriating Funds
Consideration of Resolution 2020-06, Adopting an Assessment Roll for Fiscal Year 2021 and
Certifying Special Assessments for Collection
Consideration of Resolution 2020-07, Adopting the Annual Meeting Schedule for Fiscal Year 2020- 2021
Consideration of Resolution 2020-08, Declaring Vacancies on the Board
Review & Consideration of PFM District Management Services Engagement Letter
Review & Consideration of Agreement with VGlobal Tech for Website Maintenance Services
Ratification of Payment Authorizations 122 -- 123
Review of District Financial Statements

Other Business

Staff Reports

District Counsel
District Engineer
District Manager
Audience Comments
Supervisors Requests

Adjournment

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of the Minutes of the July 8, 2020 Board of Supervisors’ Meeting

MINUTES OF MEETING

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Wednesday, July 08, 2020 12:00 P.M.
Via conference call due to COVID-19 Executive Order 20-150

Board Members Present via Speaker:

Pete Williams	Chairperson	(via phone)	
John Blakley	Assistant Secretary	(via phone)	
Jerald Dell	Assistant Secretary	(via phone)	
Kevin Johnson	Assistant Secretary	(via phone)	
Also Present via Speaker or in Person:		

Vivian Carvalho	District Manager-PFM Group Consulting, LLC (via phone) Venessa Ripoll	Assistant District Manager- PFM Group Consulting, LLC (via phone)
Kim Ashton	Vogler Ashton	(via phone)
Jim Schier	Neal Communities	(via phone)
Pam Curran	Neal Communities	(via phone)
John Leinaweaver	Neal Communities	(via phone)

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
Ms. Ripoll called to order at 12:00 p.m. the meeting of the Board of Supervisors of the
Blackburn Creek Community Development District and proceeded with roll call. The persons in attendance via speaker phone are outlined above.

Public Comment Period

There were no public comments at this time.

Discussion regarding Executive Order 20-150

A discussion took place regarding Executive Order 20-150.

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the June 10, 2020 Board of Supervisors Meeting

The Board reviewed the Minutes of the June 10, 2020 Board of Supervisors Meeting.

On MOTION by Mr. Williams, seconded by Mr. Blakley, with all in favor, the Board approved the June 10, 2020 Board of Supervisors Meeting.

Update of Public Facilities Report

The Public Facilities Report was received in draft form just a few minutes ago. Ms. Ripoll will send it to everyone after the meeting. Ms. Carvalho noted the Public Facilities Report is a requirement for Statute that any changes or upgrades to the development with the project must be filed with the County. This is a draft form and the Board can approve it in substantial form subject to District Counsel’s review or wait until the next meeting and have the Board review it then.

On MOTION by Mr. Williams, seconded by Mr. Johnson, with all in favor, the Board approved the Public Facilities Report in substantial form subject to review by District Counsel.

Ratification	of	Payment Authorizations 118 - 121

The Board reviewed Payment Authorizations 118-121.

Mr. Johnson commented on #119 that the District posted the election notice on the Bradenton Herald as opposed to the Herald Tribune. The Bradenton Herald only does Manatee County not Sarasota County. Management will follow-up accordingly.

On MOTION by Mr. Williams, seconded by Mr. Johnson, with all in favor, the Board Ratified Payment Authorizations 118-121.

Review	of	District	Financial Statements

The Board reviewed the District Financials through June 30, 2020.

On MOTION by Mr. Williams, seconded by Mr. Johnson, with all in favor, the Board accepted the District Financials through June 30, 2020.

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Counsel – No Report

District Engineer – Not Present

District Manager – Ms. Ripoll presented a ratification of reimbursement for Mr. Williams for the mailing of documents pertaining to the execution of the Stormwater Management System Maintenance Agreement totaling in the amount of $18.00.

On MOTION by Mr. Johnson, seconded by Mr. Blakley, with all in favor, the Board approved reimbursing Mr. Williams $18.00 for mailing of documents pertaining to the execution of the Stormwater Management System Maintenance Agreement.

The next meeting is scheduled to be held on August 12, 2020 at 12:00 p.m. for the Public Hearing of the Fiscal Year 2021 Budget.

FOURTH ORDER OF BUSINESS	Audience	Comments	and
Supervisors Requests

There were no Supervisor requests or audience comments.

FIFTH ORDER OF BUSINESS	Adjournment

There was no additional business to discuss. Ms. Ripoll requested a motion to adjourn.

On MOTION by Mr. Johnson, seconded by Mr. Williams, with all in favor, the July 08, 2020 Meeting of the Board of Supervisors of the Blackburn Creek Community Development District was adjourned at 12:06 P.M.

__________________________	___________________________
Secretary/Assistant Secretary	Chairperson/Vice Chairperson

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of the Minutes of the June 10, 2020 Board of Supervisors’ Meeting

Blackburn Creek Community Development District

FINANCIAL STATEMENTS

September 30, 2019

Blackburn Creek Community Development District
Table of Contents September 30, 2019

REPORT
Independent Auditors’ Report ........................................................................................	PAGE
1	
FINANCIAL STATEMENTS
Management’s Discussion And Analysis (required supplemental information) ............	
3	
Basic Financial Statements
Government-Wide Financial Statements		
Statement of Net Position .......................................................................................	9	
Statement of Activities .............................................................................................	10	
Fund Financial Statements		
Balance Sheet – Governmental Funds......................................................................	11	
Reconciliation of the Balance Sheet of Governmental Funds to the Statement
of Net Position ..........................................................................................................	
12	
Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds ...............................................................................................	
13	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities ...................	
14	
Notes to Financial Statements ........................................................................................	15	
Required Supplemental Information (other than MD&A)		
Budget to Actual Comparison Schedule - General Fund .............................................	26	
Independent Auditors’ Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance With Government Auditing Standards..................................	

27	
Management Letter ........................................................................................................	29	
Independent Accountants’ Report on Compliance with Section 218.415, Florida Statutes ...........................................................................................................................	
31	

INDEPENDENT AUDITORS’ REPORT

To the Board of Supervisors
Blackburn Creek Community Development District Sarasota County, Florida

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities and each major fund of Blackburn Creek Community Development District (hereinafter referred to as “District”), as of and for the year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2019, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated June 3, 2020, on our consideration of the District's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 3, 2020

Management’s Discussion And Analysis

Our discussion and analysis of the Blackburn Creek Community Development District's financial performance provides an overview of the District’s financial activities for the fiscal year ended September 30, 2019. Please read it in conjunction with the District’s financial statements, which begin on page 9.

FINANCIAL HIGHLIGHTS
At September 30, 2019, the assets of the District exceed its liabilities of resources by approximately $5.1 million.
During the fiscal year ended September 30, 2019, the District issued Series 2019A-1 and 2019A-2 Bonds totaling $3,295,000 and $1,445,000, respectively. These funds will be used to acquire and construct all or a portion of the 2019 project. The District incurred $317,052 of bond issue costs related to the Series 2019A-1 and 2019A-2 issue.
During the fiscal year ended September 30, 2019, the District incurred additional capital outlay expenditures of approximately $6.2 million, incurred approximately $1.4 million of interest expenditures and repaid approximately $1.6 million of outstanding long-term bond principal.

USING THE ANNUAL REPORT
This annual report consists of a series of financial statements. The Statement of Net Position and the Statement of Activities on pages 9 – 10 provide information about the activities of the District as a whole and present a longer-term view of the District’s finances. Fund financial statements start on page 11. For governmental activities, these statements tell how these services were financed in the short-term as well as what remains for future spending. Fund financial statements also report the District’s operations in more detail than the government-wide statements by providing information about the District’s most significant funds.
Reporting the District as a Whole
Our analysis of the District as a whole begins on page 4. One of the most important questions asked about the District’s finances is, “Is the District as a whole better off or worse off as a result of the year’s activities?” The Statement of Net Position and the Statement of Activities report information about the District as a whole and about its activities in a way that helps answer this question. These statements include all assets and liabilities using the accrual basis of accounting, which is similar to the accounting used by most private-sector companies. All of the current year’s revenues and expenses are taken into account regardless of when cash is received or paid.
These two statements report the District’s net position and related changes during the current year. You can think of the District’s net position – the difference between assets and liabilities – as one way to measure the District’s financial health, or financial position. Over time, increases or decreases in the District’s net position is one indicator of whether its financial health is improving or deteriorating. You will need to consider other nonfinancial factors; however, such as changes in the District’s assessment base and the condition of the District’s infrastructure, to assess the overall health of the District.

Reporting the District’s Most Significant Funds

Our analysis of the District’s major funds begins on page 6. The fund financial statements begin on page 11 and provide detailed information about the most significant funds – not the District as a whole. Some funds are required to be established by State law and by bond covenants. All of the District’s funds are governmental fund-types.

Governmental funds – All of the District’s basic services are reported in governmental funds, which focus on how money flows into and out of those funds and the balances left at year- end that are available for spending. The governmental fund statements provide a detailed short-term view of the District’s general government operations and the basic services it provides. Governmental fund information helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance the District’s programs. We describe the relationship (or differences) between governmental activities and governmental funds in a reconciliation with the fund financial statements.

THE DISTRICT AS A WHOLE

The following table reflects the condensed Statement of Net Position and is compared to the prior year.
September 30,	2019	2018	Change
Assets							
Current and other assets	$	5,387,840	$	7,937,252	$	(2,549,412)	
Capital assets, net		24,524,539		22,096,177		2,428,362	
Total assets	$	29,912,379	$	30,033,429	$	(121,050)	

Liabilities							
Current liabilities	$	1,493,845	$	1,316,294	$	177,551	
Other liabilities		26,825,030		23,777,510		3,047,520	
Total liabilities		28,318,875		25,093,804		3,225,071	
Deferred inflows of resources
Deferred revenue		
-		
13,827		
(13,827)	
Total deferred inflows of resources		-		13,827		(13,827)	
Net position							
Net investment in capital assets		8,712,793		7,931,862		780,931	
Restricted for:							
Debt service		624,166		1,204,575		(580,409)	
Capital projects		580,072		567,618		12,454	
Unrestricted		(8,323,527)		(4,778,257)		(3,545,270)	
Total net position		1,593,504		4,925,798		(3,332,294)	
Total liabilities, deferred inflows of
resources and net position	$	29,912,379 $ 30,033,429 $ (107,223)

For more detailed information, see the accompanying Statement of Net Position.

During the fiscal year ended September 30, 2019, total assets and deferred inflows of resources decreased from the prior year by approximately $121,000 and $14,000, respectively, while liabilities increased from the prior year by $3.2 million. The decrease in assets is due to the construction and acquisition of the 2018 and 2019 projects which was offset by the conveyance of completed utilities to other governments. The increase in liabilities is largely the result of the issuance of the Series 2019A-1 and 2019A-2 bonds in the current year.

The following schedule compares the Statement of Activities for the current and previous fiscal year.

Year ended September 30,		2019		2018		Change	
Revenues:							
Program revenues:							
Charges for services	$	2,200,792	$	2,434,235	$	(233,443)	
Capital grants and contributions		13,827		733,378		(719,551)	
General revenues:							
Interest and other revenues		29,349		22,411		6,938	
Total revenues	2,243,968	3,190,024	(946,056)
Expenses:							
General government		98,179		136,159		(37,980)	
Maintenance and infrastructure		198,172		198,172		-	
Interest		1,433,094		1,065,824		367,270	
Bond issuance costs		317,052		398,473		(81,421)	
Conveyance expense		3,529,765		526,509		3,003,256	
Total expenses		5,576,262		2,325,137		3,251,125	
Change in net position		(3,332,294)		864,887		(4,197,181)	
Net position, beginning of year		4,925,798		4,060,911		864,887	
Net position, end of year	$	1,593,504	$	4,925,798	$	(3,332,294)	

For more detailed information, see the accompanying Statement of Activities.

Revenues decreased from the prior year by approximately $946,000, while expenses increased by approximately $3.3 million. Revenues decreased due to fewer lot closings occurring in the current year. Expenses increased due to the conveyances made in the current year. The overall result was an $3,332,294 decrease in net position for the fiscal year 2019.

THE DISTRICT’S FUNDS

As the District completed the year, its governmental funds (as presented in the balance sheet on page 11) reported a combined fund balance of approximately $4.9 million, which is a decrease from prior year's balance that totaled approximately $7.4 million. Significant transactions are discussed below.

During the fiscal year ended September 30, 2019, the District issued Series 2019A-1 and 2019A-2 Bonds totaling $3,295,000 and $1,445,000, respectively. These funds will be used to acquire and construct all or a portion of the 2019 project. The District incurred $317,052 of bond issue costs related to the Series 2019A-1 and 2019A-2 issue.

During the fiscal year ended September 30, 2019, the District incurred additional capital outlay expenditures of approximately $6.2 million, incurred approximately $1.4 million of interest expenditures and repaid approximately $1.6 million of outstanding long-term bond principal.

The overall decrease in fund balance for the year ended September 30, 2019 totaled approximately
$2.6 million.

CAPITAL ASSET AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2019, the District had approximately $24.5 million invested in capital assets (net of accumulated depreciation). This amount represents a net increase of approximately $2.4 million from the fiscal year 2018 total.

A listing of capital assets by major category for the current and prior year follows:
September 30,	2019	2018	Change

Capital assets not being depreciated Capital assets being depreciated	
$	
21,397,883
3,853,264	
$	
18,771,349
3,853,264	
$	
2,626,534
-	
Total, prior to depreciation		25,251,147		22,624,613		2,626,534	
Accumulated depreciation		726,608		528,436		198,172	
Net capital assets	$	24,524,539	$	22,096,177	$	2,428,362	

More information about the District's capital assets is presented in Note 4 to the financial statements.

Debt

At September 30, 2019, the District had approximately $27.2 million of long-term debt outstanding. This amount represents a net increase of approximately $3.1 million from the fiscal year 2018 total. A listing of debt amounts outstanding for the current and prior year is as follows:

September 30,	2019	2018	Change
Series 2013A	$	4,470,000	$	4,570,000	$	(100,000)	
Series 2015A-1		2,915,000		3,155,000		(240,000)	
Series 2015A-2		1,335,000		1,865,000		(530,000)	
Series 2018A-1		9,438,000		9,715,000		(277,000)	
Series 2018A-2		2,434,000		2,838,000		(404,000)	
Series 2019A-1		3,295,000		-		3,295,000	
Series 2019A-2		1,445,000		-		1,445,000	
Due to Developer		1,833,030		1,899,510		(66,480)	
	$	27,165,030	$	24,042,510	$	3,122,520	

More information about the District’s long-term debt is presented in Note 5 to the financial statements.

GOVERNMENTAL FUNDS BUDGETARY HIGHLIGHTS

An Operating budget was established by the governing board for the District pursuant to the requirements of Florida Statutes. The budget to actual comparison for the general fund, including the original budget and final adopted budget, is shown at page 26.

The District experienced a favorable variance expenditures as compared to the budget in the amount of $25,825, while revenues agreed to budget. The variance in expenditures was primarily due to unanticipated engineering and legal expenditures that were incurred during the year.

FUTURE FINANCIAL FACTORS

Blackburn Creek Community Development District is an independent special district that operates under the provisions of Chapter 190, Florida Statutes. The District operates under an elected Board of Supervisors, which establishes policy and sets assessment rates. Assessment rates for fiscal year 2020 were established to provide for the operations of the District as well as the necessary debt service requirements.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide a general overview of the District’s finances. If you have questions about this report or need additional financial information, contact the Blackburn Creek Community Development District's management company at 12051 Corporate Blvd., Orlando, Florida 32817.

Basic Financial Statements

Blackburn Creek Community Development District	
Statement of Net Position	
September 30,		2019	
Governmental	
Activities	
Assets			
Cash and cash equivalents	$	4,860,344	
Investments		506,143	
Accounts receivable		10,067	
Interest receivable		1,474	
Prepaid expenses		9,812	
Capital Assets:			
Not being depreciated		21,397,883	
Depreciable, net		3,126,656	

Total assets	29,912,379	

Liabilities		
Accounts payable	306,745	
Accrued interest payable	626,833	
Retainage payable	220,267	
Non-current liabilities:		
Due within one year	340,000	
Due in more than one year	26,825,030	

Total liabilities	28,318,875

Net position
Net investment in capital assets Restricted for:		

8,712,793	
Debt service
Capital projects Unrestricted		624,166
580,072
(8,323,527)	

Total net position	
$	
1,593,504	

The accompanying notes are an integral part of these financial statements.

Statement of Activities

For the year ended September 30,	2019

Net (Expense) Revenue and Changes in

Program Revenues	Net Position

Functions/Programs	

Expenses	
Charges for Services	Capital
Grants and Contributions	
Governmental Activities	
Primary government:					
Governmental activities:					
General government	$	(98,179)	$	82,576	$	-	$	(15,603)	
Unallocated depreciation	(198,172)	-	-	(198,172)	
Interest	(1,433,094)	2,118,216	13,827	698,949	
Bond issuance costs	(317,052)	-	-	(317,052)	
Asset conveyance	(3,529,765)	-	-	(3,529,765)	

Total governmental activities	
$ (5,576,262)	
$ 2,200,792	
$	
13,827	
(3,361,643)	

General revenues
Interest and other revenues Change in net position
Net position - beginning of year

Net position - end of year	

$	

29,349

(3,332,294)

4,925,798

1,593,504	

Balance Sheet – Governmental Funds

September 30,	2019

Total Capital	Governmental

General	Debt Service	Projects	Funds
Assets								
Cash and cash equivalents	$	60,295	$ 1,619,948	$	3,180,101	$	4,860,344	
Investments		-	485,544		20,599		506,143	
Accounts receivable		21	10,046		-		10,067	
Interest receivable		-	912		562		1,474	
Prepaid expenditures		9,812	-		-		9,812	

Total assets	$	70,128	$ 2,116,450	$	3,201,262	$	5,387,840	

Liabilities and Fund Balances									
Liabilities									
Accounts payable	$	2,604	$	-	$	304,141	$	306,745	
Retainage payable		-		-		220,267		220,267	
Total liabilities		2,604		-		524,408		527,012	

Fund balances
Nonspendable	9,812	-	-	9,812	
Restricted for debt service	-	2,116,450	-	2,116,450	
Restricted for capital projects	-	-	2,676,854	2,676,854	
Unassigned	57,712	-	-	57,712	
Total fund balances	67,524	2,116,450	2,676,854	4,860,828	

Total liabilities and fund balances	
$ 70,128	
$ 2,116,450	
$ 3,201,262	
$	5,387,840	

Reconciliation of the Balance Sheet of Governmental Funds to the Statement of
Net Position

September 30,

Total fund balances, governmental funds	$	2019

4,860,828	
Capital assets used in governmental activities are not financial resources and therefore are not reported in the fund financial statements.	
24,524,539	
Liabilities not due and payable from current resources, including accrued interest, are not reported in the fund level statements.

Total net position - governmental activities	$	
(27,791,863)

1,593,504	

Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds
For the year ended September 30,	2019
					Total	
			Capital		Governmental	
	General	Debt Service	Projects		Funds	
Revenues						
Assessment revenue	$ 82,576	$ 1,324,007	$	-	$	1,406,583	
Prepayment revenue	-	794,209	13,827	808,036	
Interest and other revenues	98	14,596	14,655	29,349	
Total revenues	82,674	2,132,812	28,482	2,243,968

Expenditures
Current:
General government
Debt service:	98,179	-	-	98,179	
Principal	-	1,551,000	-	1,551,000	
Interest	-	1,357,294	-	1,357,294	
Bond issue costs	-	-	317,052	317,052	
Developer repayment	-	-	66,480	66,480	
Capital outlay	-	-	6,156,299	6,156,299	
Total expenditures	98,179	2,908,294	6,539,831	9,546,304	

Excess (deficit) of revenues over					
expenditures	(15,505)	(775,482)	(6,511,349)	(7,302,336)	

Other financing sources (uses)
Transfers in	-	5,264	-	5,264	
Transfers out	-	-	(5,264)	(5,264)	
Bond proceeds	-	262,684	4,477,316	4,740,000	
Total other financing sources (uses)	-	267,948	4,472,052	4,740,000	

Net change in fund balances		
(15,505)	
(507,534)	
(2,039,297)		
(2,562,336)	
Fund balances, beginning of year		83,029	2,623,984	4,716,151		7,423,164	

Fund balances, end of year	
$	
67,524	
$ 2,116,450	
$ 2,676,854	
$	
4,860,828	

Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities

For the year ended September 30,		2019	

Net change in fund balances - governmental funds	
$	
(2,562,336)	
Capital outlay, reported as expenditures in the governmental funds, is	
shown as capital assets on the Statement of Net Position, whereas the	
conveyance of fixed assets is recorded as an expense on the Statement of	
Activities, but not in the fund financial statements.		6,156,299	
Depreciation on capital assets is not recognized in the fund financial	
statements but is reported as an expense in the Statement of Activities.		(198,172)	
Repayment of long-term liabilities are reported as expenditures in the	
governmental fund statement but such repayments reduce liabilities in	
the Statement of Net Position and are eliminated in the Statement of	
Activities.		1,551,000	
The change in accrued interest between the current and prior year is	
recorded on the Statement of Activities but not on the fund level	
statements.		(75,800)	
Activity with developer advances is reported as other financing sources	
and expenditures in the governmental funds, but impact liability balances	
in the Statement of Net Position.		66,480	
Bond proceeds which are reported as other financing sources in the	
governmental funds are recognized as long-term liabilities in the	
Statement of Net Assets.		(4,740,000)	
The conveyance of capital assets has no impact on the fund level financial	
statements but is treated as an expense in the government-wide	
Statement of Activites.		(3,529,765)	

Change in net position of governmental activities	
$	
(3,332,294)	

NOTE 1: NATURE OF ORGANIZATION

The Blackburn Creek Community Development District (the “District”) was established on November 9, 2010 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes, by Sarasota County Ordinance 2010-070. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure. The District was expanded by approximately 190 acres in December 2014 by Ordinance No. 2014-094, and by approximately 119 acres in March 2018 by Ordinance No. 2018-004.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by a Board of Supervisors (“Board”), which is comprised of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board of Supervisors of the District exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2019 certain Board members were affiliated with Resource Conservation of Sarasota, LLC (“the Developer”).

The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

In evaluating how to define the government, for financial reporting purposes, management has considered all potential component units. The decision to include or exclude a potential component unit in the reporting entity was made by applying the criteria set forth by Generally Accepted Accounting Principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB). Based on the foregoing criteria, no potential component units were found.

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the District conform to GAAP as applicable to governments in accordance with those promulgated by GASB. The following is a summary of the more significant policies:

Government-wide and Fund Financial Statements

The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all the non-fiduciary activities of the primary government. Governmental activities, which normally are supported by assessments, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The business-type activities are reported separately in government-wide financial statements; however, at September 30, 2019, the District did not have any significant business-type activities. Therefore, no business-type activities are reported. Assessments and other items not properly included as program revenues (i.e., charges to customers or applicants who purchase, use, or directly benefit from goods or services) are reported as general revenues.

Separate financial statements are provided for governmental funds. Major individual governmental funds are reported as separate columns in the fund financial statements.

Measurement Focus, Basis of Accounting and Basis of Presentation

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of the related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and other similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments, including debt service assessments along with operation and maintenance assessments, are non-ad valorem special assessments imposed on all lands located within the District and benefited by the District’s activities. Assessments are levied and certified for collection by the District prior to the start of the fiscal year which begins October 1st and ends on September 30th. Operation and maintenance special assessments are imposed upon all benefited lands located in the District. Debt service special assessments are imposed upon certain lots and lands as described in each resolution imposing the special assessment for each series of bonds issued by the District.

Assessments and interest associated with the current fiscal period are all considered to be susceptible to accrual and have been recognized as revenues of the current fiscal period. All other revenue items are considered to be measurable and available only when cash is received by the District.

The District reports the following major governmental funds:

General Fund – The General Fund is the primary operating fund of the District. It is used to account for all financial resources except those required to be accounted for in other funds.

Debt Service Fund – The Debt Service Fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Project Fund – This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

For the year ended September 30, 2019, the District does not report any proprietary funds.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the District’s policy to use restricted resources first, then unrestricted resources as they are needed. When committed, assigned, or unassigned resources are available for use in the governmental fund financial statements, it is the government’s policy to use committed resources first, followed by assigned resources, then unassigned resources as needed.

Cash, Deposits and Investments

The District maintains deposits with "Qualified Public Depositories" as defined in Chapter 280, Florida Statutes. All Qualified Public Depositories must place with the Treasurer of the State of Florida securities in accordance with collateral requirements determined by the State’s Chief Financial Officer. In the event of default by a Qualified Public Depository, the State Treasurer will pay public depositors all losses. Losses in excess of insurance and collateral will be paid through assessments between all Qualified Public Depositories.

Under this method, all the District's deposits are fully insured or collateralized at the highest level of security as defined by GASB, Statement Number 40, Deposits and Investment Disclosures (An Amendment of GASB, Statement Number 3).

The District is authorized to invest in financial instruments as established by Section 218.415, Florida Statutes. The authorized investments include among others direct obligations of the United States Treasury; the Local Government Surplus Trust Funds as created by Section 218.405, Florida Statutes; SEC registered money market funds with the highest credit quality rating from a nationally recognized rating agency; and interest-bearing time deposits or savings accounts in authorized financial institutions.

Capital Assets

Capital assets, which include primarily infrastructure assets (e.g., roads, sidewalks, water management systems and similar items), are reported in the governmental activities column in the government-wide financial statements. Capital assets are defined by the District as assets with an initial/individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost and estimated historical cost if purchased or constructed. Donated assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the primary government are depreciated using the straight-line method over the estimated useful lives. Estimated useful lives for financial reporting purposes are as follows: Infrastructure: 25 years.

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the  governmental fund financial statements.

Long-Term Obligations

In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the straight-line or effective interest method. Bonds payable are reported net of these premiums or discounts. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as current period expenses.

In the fund financial statements, governmental fund types recognize bond premiums and discounts during the current period. The face amount of the debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources

In addition to assets, the Statement of Net Position and Balance Sheet – Governmental Funds will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District does not have any of this type of item at September 30, 2019.

In addition to liabilities, the Statement of Net Position and Balance Sheet – Governmental Funds will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District does not have any of this type of item at September 30, 2019.

Fund Equity

Net position in the government-wide financial statements represents the difference between assets and deferred outflows of resources and liabilities and deferred inflows of resources and is categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents assets related to infrastructure and property, plant and equipment, net of any related debt. Restricted net position represents the assets restricted by the District’s bond covenants.

Governmental fund equity is classified as fund balance. Fund balance is further classified as nonspendable, restricted, committed, assigned, or unassigned. Nonspendable fund balance cannot be spent because of its form. Restricted fund balance has limitations imposed by creditors,  grantors, or contributors or by enabling legislation or constitutional provisions. Committed fund balance is a limitation imposed by the District board through approval of resolutions. Assigned fund balance is a limitation imposed by a designee of the District board. Unassigned fund balance in the General Fund is the net resources in excess of what can be properly classified in one of the above four categories. Negative unassigned fund balance in other governmental funds represents excess expenditures incurred over the amounts restricted, committed, or assigned to those purposes.

Prepaid Expenses

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid expenses on the Statement of Net Position. These items will be expensed over the applicable usage period.

Budgets

The District is required to establish a budgetary system and an approved annual budget. Annual budgets are legally adopted on a basis consistent with GAAP for the General Fund. Any revision to the budget must be approved by the District Board. The budgets are compared to actual expenditures. In instances where budget appropriations and estimated revenues have been revised during the year, budget data presented in the financial statements represent final authorization amounts.

The District follows these procedures in establishing the budgetary data reflected in the financial statements:

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A public hearing is conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America.

Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

NOTE 3: INVESTMENTS

The District’s investments consist of money market funds and similar instruments in which shares are owned in the fund rather than the underlying investments. In accordance with GASB 72, Fair Value Measurement and Application, these amounts are reported at amortized cost.

The following is a summary of the District’s investments:

September 30,	2019	Credit Risk	Maturities	
First American Government Obligations	$	506,143	S&P AAAm	27 days	
	$	506,143			

Custodial credit risk – For an investment, custodial credit risk is the risk that the District will not be able to recover the value of the investments or collateral securities that are in the possession of an outside party. The District has no formal policy for custodial risk. At September 30, 2019, the money market funds are not exposed to custodial credit risk because their existence is not evidenced by securities that exist in physical or book entry form.

Concentration risk – The District’s investment policy requires diversification, but does not specify limits on types of investments.

Interest rate risk – The District does not have a formal policy for addressing interest rate risk; however, investments are made with discretion, to seek reasonable returns, preserve capital, and in general, avoid speculative investments. The District manages its exposure to declines in fair values from interest rate changes by reviewing the portfolio on an ongoing basis for changes in effective yield amounts.

NOTE 4: CAPITAL ASSETS

The following is a summary of changes in the capital assets for the year ended September 30, 2019:

Beginning		Conveyances/	Ending	
Balance	Additions	Transfers	Balance	

Governmental Activities:						
Capital assets not being depreciated						
Infrastructure under construction	$ 18,771,349	$ 6,156,299	$	(3,529,765)	$ 21,397,883	
Total capital assets, not being						
depreciated	18,771,349	6,156,299		(3,529,765)	21,397,883	
Capital assets being depreciated
Infrastructure	3,853,264	-	-	3,853,264
Total capital assets, being
depreciated	
3,853,264	
-	
-	
3,853,264	
Less accumulated depreciation
Infrastructure	
528,436	
198,172	
-	
726,608	

Total accumulated depreciation	528,436	198,172	-	726,608	
Total capital assets, being					
depreciated, net	3,324,828	(198,172)	-	3,126,656	
Governmental activities capital assets, net	
$ 22,096,177	
$ 5,958,127	
$ (3,529,765)	
$ 24,524,539	
Depreciation expense of $198,172 was recorded as unallocated depreciation on the accompanying Statement of Activities.

The total projected cost of the infrastructure has been estimated at approximately $43 million, of which approximately $17.7 million is expected to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by additional bond issuances or the Developer. The infrastructure will include potable water and wastewater systems, storm water drainage system improvements, offsite road improvements and utility extensions. Upon completion certain assets will be conveyed to other entities for ownership and/or maintenance. During the year ended September 30, 2019, the District conveyed completed infrastructure totaling approximately $3.5 million.

NOTE 5: LONG-TERM LIABILITIES

On March 28, 2013 the District issued $5,455,000 of Special Assessment Bonds, Series 2013A due on May 1, 2043 with a fixed interest rate of 6.00%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2014 through May 1, 2043.

On October 14, 2015, the District issued $8,765,000 of Special Assessment Bonds, Series 2015 consisting of $1,575,000 Series 2015A-1 Term Bonds, $1,945,000 Series 2015A-1 Term Bonds and
$5,245,000 of Series 2015A-2 with interest rates of 6.25%, 6.50% and 6.25%, respectively. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the $1,575,000 Term Bonds is to be paid serially commencing May 1, 2016 through May 1, 2035. Principal on the $1,945,000 Term Bonds is to be paid serially commencing May 1, 2016 through May 1, 2045. Principal on the $5,245,000 Term Bonds is to be paid serially commencing May 1, 2016 through May 1, 2045.

On February 22, 2018, the District issued $12,595,000 of Capital Improvement Revenue Bonds, Series 2018 consisting of $1,660,000 Series 2018A-1 Term Bonds, $2,890,000 Series 2018A-1 Term Bonds, $5,165,000 Series 2018A-1 Term Bonds and $2,880,000 of Series 2018A-2 with interest rates of 5.25%, 5.75%, 5.90% and 5.90%, respectively. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the $1,660,000 Term Bonds is to be paid serially commencing May 1, 2019 through May 1, 2028. Principal on the $2,890,000 Term Bonds is to be paid serially commencing May 1, 2029 through May 1, 2038. Principal on the $5,165,000 Term Bonds is to be paid serially commencing May 1, 2021 through May 1, 2048. Principal on the
$2,880,000 Term Bonds is to be paid serially commencing May 1, 2021 through May 1, 2048.

In February 2019, the District issued $4,740,000 of Capital Improvement Revenue Refunding Bonds, Series 2019 consisting of $3,295,000 Series 2019 A-1 Bonds and $1,445,000 of Series 2019 A-2 with interest rates from 4.75% to 5.60% and 5.60%, respectively. The Series 2019 bonds were issued to finance the 2019 Capital Improvement Project. Interest is paid semiannually on each May 1 and November 1. Principal payments on the Series 2019 A-1 and A-2 Bonds are made serially commencing on May 1, 2020 through May 1, 2049.

The Bond Indenture requires that the District maintain adequate funds in reserve accounts to meet the debt service reserve requirements as defined in the Indenture. The requirements have been met for the fiscal year ended September 30, 2019.

The Bond Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedure to be followed by the District on assessments to property owners. The District agreed to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District is in compliance with the requirements of the Bond Indenture.

Long-term liability activity for the year ended September 30, 2019, was as follows:

Beginning			
Ending	
Due Within	
	Balance	Additions	Reductions	Balance	One Year	
Governmental Activities	
Bonds Payable:		
Series 2013A	$ 4,570,000	$	-	$	(100,000)	$ 4,470,000	$	85,000	
Series 2015A-1	3,155,000	-	(240,000)	2,915,000	50,000	
Series 2015A-2	1,865,000	-	(530,000)	1,335,000	-	
Series 2018A-1	9,715,000	-	(277,000)	9,438,000	135,000	
Series 2018A-2	2,838,000	-	(404,000)	2,434,000	-	
Series 2019A-1	-	3,295,000	-	3,295,000	50,000	
Series 2019A-2	-	1,445,000	-	1,445,000	20,000	
Due to Developer	1,899,510	-	(66,480)	1,833,030	-	
	$ 24,042,510	$ 4,740,000	$ (1,617,480)	$ 27,165,030	$ 340,000	

At September 30, 2019, the scheduled debt service requirements on bonds payable were as  follows:
Total Debt
For the year ending September 30,	Principal	Interest	Service
2020	$	340,000	$	1,302,574	$	1,642,574	
2021		395,000		1,287,196		1,682,196	
2022		415,000		1,268,764		1,683,764	
2023		445,000		1,249,031		1,694,031	
2024		470,000		1,249,031		1,719,031	
2025 - 2029		2,795,000		5,905,926		8,700,926	
2030 - 2034		3,885,000		5,176,438		9,061,438	
2035 - 2039		5,430,000		4,111,544		9,541,544	
2040 - 2044		7,098,000		2,588,977		9,686,977	
2045 - 2049		4,059,000		801,796		4,860,796	
	$	25,332,000	$	24,941,277	$	50,273,277	

NOTE 6: RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District maintains commercial insurance coverage to mitigate the risk of loss. Coverage may not extend to all situations. Management believes such coverage is sufficient to preclude any significant uninsured losses to the  District. There have been no settled claims in the previous three years.

NOTE 7: MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers (Board appointed non-voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, and other administrative costs.

NOTE 8: RELATED PARTY TRANSACTIONS

A significant portion of the District’s activity is dependent upon the continued involvement of the Developer. The loss of significant involvement could have a material adverse effect on the District’s operations.

During the year ended September 30, 2019, the Developer was assessed $9,579 and $702,598 for operations and maintenance and debt service costs, respectively. The Developer also remitted prepayment assessments totaling $808,036 to the District during the year. The due to Developer amount of $1,833,030 is related to long-term developer advances to fund the construction of infrastructure. The activity for the year is detailed in Note 5.

NOTE 9: COMMITMENTS

The District has approximately $3.5 million remaining on open contracts for various construction projects. The original contracts totaled approximately $9 million. The District expects the projects to be completed in fiscal year 2020.

NOTE 10: SUBSEQUENT EVENT

In March 2020, the World Health Organization made the assessment that the outbreak of a novel coronavirus (COVID-19) can be characterized as a pandemic. As a result, uncertainties have arisen that may have a significant negative impact on the operating activities and results of the District. The occurrence and extent of such an impact will depend on future developments, including (i) the duration and spread of the virus, (ii) government quarantine measures, (iii) voluntary and precautionary restrictions on travel or meetings, (iv) the effects on the financial markets, and (v) the effects on the economy overall, all of which are uncertain.

Required Supplemental Information (Other Than MD&A)

Blackburn Creek Community Development District Budget to Actual Comparison Schedule – General Fund

For the year ended September 30,		2019		
	Original
Budget	Actual
Final Budget	Amounts	Variance with
Final Budget	
Revenues									
Assessment revenue	$	123,955	$	82,576	$	82,576	$	-	
Interest and other revenues		-		98		98		-	
Total revenues		123,955		82,674		82,674		-	

Expenditures									
General government		118,955		119,004		98,179		20,825	
Maintenance and operations		5,000		5,000		-		5,000	
Total expenditures		123,955		124,004		98,179		25,825	

Excess (deficit) of revenues over		
expenditures	-	(41,330)	(15,505)	25,825	

Fund balance, beginning of year	
-	41,330	
83,029	
41,699	

Fund balance, end of year	
$	-	$	-	
$	67,524	
$	67,524	

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Blackburn Creek Community Development District Sarasota County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Blackburn Creek Community Development District (hereinafter referred to as the “District”), as of and for the year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated June 3, 2020.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We did identify a deficiency in internal control, described on the following page as IC2019-01, which we consider to be a material weakness.

IC2019-01: Financial Statement Closing Procedures
Condition: As part of our audit procedures, we identified approximately $98,000 of underwriter’s discount that was not recorded on the District’s financial statements as of September 30, 2019.
Criteria: Internal controls should be in place to provide reasonable assurance that all accounting transactions, including those items that do not directly impact cash, are properly recorded as part of the financial statement close process.
Cause: The District's staff apparently overlooked certain noncash related items when preparing its annual financial report.
Effect: Bond issuance costs and long-term debt proceeds on the financial statements were understated by approximately $98,000.
Recommendation: We recommend the District review its financial statement closing procedures to ensure all noncash items are properly recorded.
Management response: The District will take steps to implement the aforementioned recommendation.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

CARR, RIGGS & INGRAM, LLC
Miramar Beach, Florida June 3, 2020

MANAGEMENT LETTER

To the Board of Supervisors
Blackburn Creek Community Development District Sarasota County, Florida

Report on the Financial Statements

We have audited the financial statements of the Blackburn Creek Community Development District (“District”) as of and for the fiscal year ended September 30, 2019, and have issued our report thereon dated June 3, 2020.

Auditors’ Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reports and Schedule

We have issued our Independent Auditors' Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards and Independent Accountants' Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those report, which are dated June 3, 2020, should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. IC2018-001 was partially resolved and a similar finding was reported in the current year audit report.

Official Title and Legal Authority

Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. The information required is disclosed in the notes to the financial statements.

Financial Condition and Management

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to communicate whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific condition(s) met. In connection with our audit, we determined that the District did not meet any of the conditions described in Section 218.503(1), Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Additional Matters

Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not have any such findings.

Purpose of this Letter

Our management letter is intended solely for the information and use of Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 3, 2020

INDEPENDENT ACCOUNTANTS’ REPORT

To the Board of Supervisors
Blackburn Creek Community Development District Sarasota County, Florida

We have examined Blackburn Creek Community Development District’s compliance with the requirements of Section 218.415, Florida Statutes, Local Government Investment Policies, during the year ended September 30, 2019. Management of Blackburn Creek Community Development District is responsible for the District’s compliance with the specified requirements. Our responsibility is to express an opinion on the District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and performed the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced above. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgement, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2019.

This report is intended solely for the information and use of management and the State of Florida Auditor General and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida June 3, 2020

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-05, Adopting the Fiscal Year 2021 Budget and Appropriating Funds

RESOLUTION 2020-05

THE ANNUAL APPROPRIATION RESOLUTION OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2020, submitted to the Board of Supervisors (“Board”) proposed budgets for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the District, pursuant to  the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budgets (“Proposed Budget”), the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set August 12, 2020, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing (or if the District does not yet have its own website, the District Manager timely transmitted the Proposed Budget to the manager or administrator of Sarasota County for posting on its website); and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1 st of each year, the District Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Board of Supervisors has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The District Manager’s Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The adopted budget, as amended, shall be ma i ntai ned i n the  office  of  the  District Manager and at  the  Dist rict' s  Records  Office  and  identified  as  "The  Budget  for  the Blac kbu rn Creek Community Development District  for  the  Fisca l  Year  Ending September 30, 2021," as adopted by the Boa rd of Supervisors on August 12, 2020.

The fina l adopted budget sha ll be posted by the District Manager on the District' s official website within thirty (30) days after adoption. If the District does not yet have its own website, the Dis tric t Manager is directed to transmit the final adopted budget  to  the manager or administrator of Sarasota County for posti ng on its website.

SECTION 2.	APPROPRIATIONS

There  is  hereby  appropriated  out  of  the  revenues   of   the   Blackburn   Creek   Community Develo pment Dist rict, for the fiscal year beginning October I , 20 20 , and ending September 30, 2021, the
s um  of  $ 	tobe  raised  by  the  levy  of  assessments  and  otherwise ,  which  sum  is deemed by the Board of Supe rviso rs to be necessary to defray all expendit ures of the District during sa id budget year, to be di vided and appropriated in the following fashion:

TOTAL GENERAL FUND	$  	

DEBT SE RVICE FUND-SERIES 2013	$	 DEBT SERVICE  FUND-SERIES 2015 A-1	$	 DEBT  SERVICE  FUND-SERJES 2015 A-2	$ 	
DEBT SERVIC E FUND-SERJES 2018 A- I	$	 DEBT S ERVICE  FUND-SERIES 2018 A-2	$ 	
DEBT SERVICE  FUND- SERJES 2019 A- I	$		 DEBT SERVICE FUND - S ERIES 2019 A-2	$		 TOTAL ALL FUNDS	$  		
SECTION 3.	BUDGET AMENDMENTS

Pursuant to  Sectio n  I 89.0 I 6,  Florida  Statutes,  the District  at any time with in the fiscal  year or wi thin 60 days following the end of the fiscal year may amend its budgets for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appro pria tions within a fund by motio n recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an i ncrease or decrease in line item appropriations within a fund if  the  total appropriations of the fund do not increase  and  i f the aggregate change in the original appropriation  item does not exceed $10 , 000  or   I 0% of the original appropriation.

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016 of the Florida Statutes, among other applicable laws. Among other procedures, the District Manager  or Treasurer  must ensure that any amendments to budget(s) under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption. If the District does not yet have its own website, the District's Secretary is directed to transmit such amendments to the manager or administrator of Sarasota County for posting on its website.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately  upon adoption.

PASSED AND ADOPTED THIS 12th DAY OF AUGUST, 2020.

ATTEST:	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its: 	

Exhibit A: Fiscal Year 2020/2021 Budgets

Blackburn Creek CDD
FY 2021 Proposed O&M Budget

Year To Date	
Actual Through 07/31/2020	Anticipated Aug. - Sep.	

$	85,755.84
57,126.80
-		

$	

1,872.36
-
-	
$	142,882.64		$	1,872.36	

$	9,600.00
2,423.00
14,388.13
20,833.30
- 13,750.00
3,795.50
15,000.00
1,250.00
4,500.00
500.00
- 307.74
- 1,713.52
-
- 1,850.00
175.00
- 3,499.00
-
-		
$	
2,000.00
- 1,611.87
4,166.70
10,000.00
- 12,880.37
-
-
- 500.00
200.00
142.26
150.00
3,286.48
200.00
200.00
850.00
- 10,000.00
- 5,000.00
-	
$	93,585.19		$	51,187.68	

  $	93,585.19 		
  $		
51,187.68 	
$	49,297.45		$	(49,315.32)	

$	17.87
$	17.87		
$
$	
-
-	
$	49,315.32		$	(49,315.32)	

Anticipated FY 2020 Total

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Cash
Surplus of Carryforward as of YE
Net Revenues

General & Administrative Expenses
Supervisor Fees
Public Officials' Insurance Trustee Services Management
Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Stormwater Management General Insurance
General Repair & Maintenance
70% to stormwater; 30% to hardscape
Total General & Administrative Expenses

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

Net Income (Loss)

$	87,628.20
57,126.80
-

 

$ 144,755.00
-
-

$   144,755.00
- 5,000.00

$	144,755.00		$ 144,755.00		$ 179,755.00	

$

$	
11,600.00
2,423.00
16,000.00
25,000.00
10,000.00
13,750.00
16,675.87
15,000.00
1,250.00
4,500.00
1,000.00
200.00
450.00
150.00
5,000.00
200.00
200.00
2,700.00
175.00
10,000.00
3,499.00
5,000.00
-
144,772.87		
$	12,000.00
2,600.00
16,000.00
25,000.00
10,000.00
10,000.00
20,000.00
15,000.00
1,000.00
4,500.00
1,000.00
200.00
450.00
150.00
5,000.00
-    200.00
2,700.00
200.00
10,000.00
3,755.00
5,000.00
-
$   144,755.00		
$	12,000.00
2,600.00
16,000.00
30,000.00
10,000.00
15,000.00
20,000.00
15,000.00
1,000.00
4,500.00
1,000.00
- 450.00
- 3,500.00
200.00
- 2,700.00
175.00
10,000.00
3,755.00
1,875.00
30,000.00
$   179,755.00	

  $	

$	
144,772.87 

(17.87)		
  $ 144,755.00 

$	-		
  $ 179,755.00 

$	-	

$
$

$	
17.87
17.87

-		
$	-
$	-

$	-		
$	-
$	-

$	-	

30,000.00

    

Current Year	Net Per Unit	$	83.38	
1736 Lots	Gross per Unit	$	88.71	
Prior Year	Net Per Unit	$	84.01	
1723 Lots	Gross per Unit	$	89.37	

Page 1 of 1

Blackburn Creek CDD Proposed FY 2021 Debt Service Budgets

	Proposed Series 2013 FY 2021
Budget		Proposed Series 2015A-1 FY 2021
Budget		Proposed Series 2015A-2 FY 2021
Budget		Proposed Series 2018A-1 FY 2021
Budget		Proposed Series 2018A-2 FY 2021
Budget		Proposed Series 2019A-1 FY 2021
Budget		Proposed Series 2019A-2 FY 2021
Budget	
REVENUES:														
Special Assessments	$	478,350.00		$	275,156.25		$	100,234.38		$	953,236.25		$	164,632.25		$	312,227.50		$	139,140.00	
TOTAL REVENUES	   $	478,350.00 		   $	275,156.25 		   $	100,234.38 		   $	953,236.25 		   $	164,632.25 		   $	312,227.50 		   $	139,140.00 	

EXPENDITURES:														
Interest 11/01/2020	$	130,350.00		$	45,343.75		$	16,171.88		$	271,330.00		$	27,685.75		$	87,805.00		$	39,900.00	
Interest 05/01/2021	130,350.00		90,687.50		32,343.75		271,330.00		55,371.50		87,805.00		39,900.00	
Principal 05/01/2021	90,000.00		50,000.00		20,000.00		143,000.00		27,000.00		50,000.00		20,000.00	
TOTAL EXPENDITURES	   $	350,700.00 		   $	186,031.25 		   $	68,515.63 		   $	685,660.00 		   $	110,057.25 		   $	225,610.00 		   $	99,800.00 	

EXCESS REVENUES	

   $	127,650.00 		

   $	89,125.00 		

   $	31,718.75 		

   $	267,576.25 		

   $	54,575.00 		

   $	86,617.50 		

   $	39,340.00 	

Interest 11/01/2021	

$	127,650.00		

$	89,125.00		

$	31,718.75		

$	267,576.25		

$	54,575.00		

$	86,617.50		

$	39,340.00	

Page 1 of 1

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-06, Adopting an Assessment Roll for Fiscal Year 2021 and Certifying Special Assessments for Collection

RESOLUTION 2020-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2020/2021; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Blackburn Creek Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Sarasota County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budgets (“Budget”) for Fiscal Year 2019/2020, attached hereto as Exhibit “A;” and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District’s Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2020/2021; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which  such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached to this Resolution as Exhibit “B,” and to certify the portion of the Assessment Roll

related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit “B;” and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT. The provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B,” and is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapter 190 of the Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special  assessments,  a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3.	COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.

Tax Roll Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.”

Direct Bill Assessments. The operations and maintenance  special  assessments  and previously levied debt service special assessments imposed on the Direct Collect Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are due in full on December 1, 2020; provided, however, that, to the extent permitted by law, the assessments due may be paid in several partial, deferred payments and according to the following schedule: 25% due no later than October 15, 2020, 25% due no later than January 15, 2021, 25% due no later than April 15, 2021 and 25% due no later than July 15, 2021. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2020/2021, shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the applicable statutory prejudgment interest rate. In the event an assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170 of the Florida Statutes or other applicable law to collect and enforce the whole assessment, as set forth herein.

Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4.   ASSESSMENT  ROLL.   The  District's Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified for collection. That portion of the District’s Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall  be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5.  ASSESSMENT  ROLL  AMENDMENT.   The District Manager  shall  keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. 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.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect  upon  the  passage  and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 12th day of August, 2020.

ATTEST:	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its: 	

Exhibit A:	Budget
Exhibit B:	Assessment Roll (Uniform Method & Direct Collect)

Blackburn Creek CDD
FY 2021 Proposed O&M Budget

Year To Date	
Actual Through 07/31/2020	Anticipated Aug. - Sep.	

$	85,755.84
57,126.80
-		

$	

1,872.36
-
-	
$	142,882.64		$	1,872.36	

$	9,600.00
2,423.00
14,388.13
20,833.30
- 13,750.00
3,795.50
15,000.00
1,250.00
4,500.00
500.00
- 307.74
- 1,713.52
-
- 1,850.00
175.00
- 3,499.00
-
-		
$	
2,000.00
- 1,611.87
4,166.70
10,000.00
- 12,880.37
-
-
- 500.00
200.00
142.26
150.00
3,286.48
200.00
200.00
850.00
- 10,000.00
- 5,000.00
-	
$	93,585.19		$	51,187.68	

  $	93,585.19 		
  $		
51,187.68 	
$	49,297.45		$	(49,315.32)	

$	17.87
$	17.87		
$
$	
-
-	
$	49,315.32		$	(49,315.32)	

Anticipated FY 2020 Total

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Cash
Surplus of Carryforward as of YE
Net Revenues

General & Administrative Expenses
Supervisor Fees
Public Officials' Insurance Trustee Services Management
Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Stormwater Management General Insurance
General Repair & Maintenance
70% to stormwater; 30% to hardscape
Total General & Administrative Expenses

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

Net Income (Loss)

$	87,628.20
57,126.80
-

 

$ 144,755.00
-
-

$   144,755.00
- 5,000.00

$	144,755.00		$ 144,755.00		$ 179,755.00	

$

$	
11,600.00
2,423.00
16,000.00
25,000.00
10,000.00
13,750.00
16,675.87
15,000.00
1,250.00
4,500.00
1,000.00
200.00
450.00
150.00
5,000.00
200.00
200.00
2,700.00
175.00
10,000.00
3,499.00
5,000.00
-
144,772.87		
$	12,000.00
2,600.00
16,000.00
25,000.00
10,000.00
10,000.00
20,000.00
15,000.00
1,000.00
4,500.00
1,000.00
200.00
450.00
150.00
5,000.00
-    200.00
2,700.00
200.00
10,000.00
3,755.00
5,000.00
-
$   144,755.00		
$	12,000.00
2,600.00
16,000.00
30,000.00
10,000.00
15,000.00
20,000.00
15,000.00
1,000.00
4,500.00
1,000.00
- 450.00
- 3,500.00
200.00
- 2,700.00
175.00
10,000.00
3,755.00
1,875.00
30,000.00
$   179,755.00	

  $	

$	
144,772.87 

(17.87)		
  $ 144,755.00 

$	-		
  $ 179,755.00 

$	-	

$
$

$	
17.87
17.87

-		
$	-
$	-

$	-		
$	-
$	-

$	-	

30,000.00

    

Current Year	Net Per Unit	$	83.38	
1736 Lots	Gross per Unit	$	88.71	
Prior Year	Net Per Unit	$	84.01	
1723 Lots	Gross per Unit	$	89.37	

Page 1 of 1

Blackburn Creek CDD Proposed FY 2021 Debt Service Budgets

	Proposed Series 2013 FY 2021
Budget		Proposed Series 2015A-1 FY 2021
Budget		Proposed Series 2015A-2 FY 2021
Budget		Proposed Series 2018A-1 FY 2021
Budget		Proposed Series 2018A-2 FY 2021
Budget		Proposed Series 2019A-1 FY 2021
Budget		Proposed Series 2019A-2 FY 2021
Budget	
REVENUES:														
Special Assessments	$	478,350.00		$	275,156.25		$	100,234.38		$	953,236.25		$	164,632.25		$	312,227.50		$	139,140.00	
TOTAL REVENUES	   $	478,350.00 		   $	275,156.25 		   $	100,234.38 		   $	953,236.25 		   $	164,632.25 		   $	312,227.50 		   $	139,140.00 	

EXPENDITURES:														
Interest 11/01/2020	$	130,350.00		$	45,343.75		$	16,171.88		$	271,330.00		$	27,685.75		$	87,805.00		$	39,900.00	
Interest 05/01/2021	130,350.00		90,687.50		32,343.75		271,330.00		55,371.50		87,805.00		39,900.00	
Principal 05/01/2021	90,000.00		50,000.00		20,000.00		143,000.00		27,000.00		50,000.00		20,000.00	
TOTAL EXPENDITURES	   $	350,700.00 		   $	186,031.25 		   $	68,515.63 		   $	685,660.00 		   $	110,057.25 		   $	225,610.00 		   $	99,800.00 	

EXCESS REVENUES	

   $	127,650.00 		

   $	89,125.00 		

   $	31,718.75 		

   $	267,576.25 		

   $	54,575.00 		

   $	86,617.50 		

   $	39,340.00 	

Interest 11/01/2021	

$	127,650.00		

$	89,125.00		

$	31,718.75		

$	267,576.25		

$	54,575.00		

$	86,617.50		

$	39,340.00	

Page 1 of 1

Account Number	Assessment	Account Number	Assessment	
0757010159	781.85	0759060027	2,138.73	
0757010161	781.85	0759060005	2,138.73	
0757010162	781.85	0759040031	2,138.73	
0757010163	781.85	0758150040	1,711.67	
0757010164	781.85	0758040377	966.69	
0757010165	781.85	0759060015	2,138.73	
0757010167	781.85	0758100029	1,569.32	
0757010168	781.85	0758120032	643.22	
0757010169	781.85	0758100038	1,569.32	
0757010170	781.85	0757030080	781.85	
0757010172	781.85	0757010208	504.59	
0757010174	781.85	0757060097	889.67	
0757010175	781.85	0758150032	1,711.67	
0757010176	88.71	0760101581	1,010.94	
0757010177	781.85	0760101611	1,010.94	
0757010179	781.85	0760101576	1,010.94	
0757010180	781.85	0758130029	652.37	
0757010182	504.59	0758080496	966.69	
0757010185	504.59	0758040338	781.85	
0757010187	504.59	0759060028	2,138.73	
0757010188	504.59	0760101654	1,010.94	
0757010190	504.59	0758110009	1,012.04	
0757010191	504.59	0757070235	504.59	
0757010193	504.59	0757080069	772.88	
0757010194	504.59	0757051870	1,444.88	
0757010195	504.59	0757080037	555.74	
0757010197	504.59	0759040030	2,138.73	
0757010198	504.59	0760101640	1,010.94	
0757010199	504.59	0758090013	1,569.32	
0757010200	504.59	0760101667	1,010.94	
0757010201	88.71	0758040386	966.69	
0757010202	504.59	0757080053	499.15	
0757010204	504.59	0759140003	1,248.24	
0757010205	504.59	0759040048	2,138.73	
0757010206	504.59	0758120005	643.22	
0757010207	504.59	0758130034	1,012.04	
0757010241	504.59	0758010505	966.69	
0757010242	504.59	0758100017	1,569.32	
0757010243	504.59	0757070226	504.59	
0757010244	504.59	0759060008	2,138.73	
0757010245	504.59	0760101500	1,010.94	
0757010246	504.59	0760060014	2,160.74	
0757010247	504.59	0760101607	1,010.94	
0757010249	504.59	0759040036	2,138.73	
0757010250	504.59	0757080025	555.74	
0757010251	504.59	0757010189	504.59	
0757010252	504.59	0760101606	1,010.94	
0757010253	504.59	0760040018	1,248.24	
0757010254	88.71	0757070231	504.59	
0757010255	504.59	0758120004	643.22	
0757010258	504.59	0760140033	2,138.73	
0757010259	504.59	0760101677	1,010.94	
0757020001	781.85	0758120028	643.22	

Account Number	Assessment	Account Number	Assessment	
0757020002	781.85	0758080497	966.69	
0757020003	781.85	0760101549	1,010.94	
0757020004	889.67	0758090003	1,569.32	
0757020006	889.67	0760101572	1,010.94	
0757020009	966.69	0760101638	1,010.94	
0757020010	1,197.73	0759040077	2,138.73	
0757020011	1,197.73	0760101579	1,010.94	
0757020012	1,197.73	0757080085	772.88	
0757020152	781.85	0758060027	926.15	
0757020153	781.85	0759040060	2,138.73	
0757020154	781.85	0757030050	643.22	
0757020155	781.85	0760101484	1,010.94	
0757020156	781.85	0758130009	1,012.04	
0757020157	781.85	0760101655	1,010.94	
0757030018	643.22	0759060001	2,138.73	
0757030019	643.22	0758160014	1,711.67	
0757030021	643.22	0760101502	1,010.94	
0757030022	643.22	0760101584	1,010.94	
0757030023	643.22	0757051861	1,444.88	
0757030024	643.22	0757080012	555.74	
0757030026	643.22	0759060033	2,138.73	
0757030027	643.22	0760101649	1,010.94	
0757030028	88.71	0760130014	2,138.73	
0757030030	643.22	0757030042	643.22	
0757030031	643.22	0758160003	1,711.67	
0757030032	643.22	0760060004	2,160.74	
0757030033	643.22	0757070214	504.59	
0757030034	643.22	0760101553	1,010.94	
0757030035	88.71	0757070145	1,197.73	
0757030039	643.22	0758040325	781.85	
0757030040	643.22	0758010435	966.69	
0757030041	643.22	0759130017	1,248.24	
0757030043	88.71	0759040014	2,138.73	
0757030044	643.22	0760101532	1,010.94	
0757030045	643.22	0760101497	1,010.94	
0757030046	643.22	0759040070	2,138.73	
0757030047	643.22	0760060003	2,160.74	
0757030049	643.22	0760101519	1,010.94	
0757030051	643.22	0760030010	1,248.24	
0757030054	643.22	0758140005	1,012.04	
0757030055	643.22	0760101644	1,010.94	
0757030058	643.22	0759040037	2,138.73	
0757030060	643.22	0759060025	2,138.73	
0757030061	643.22	0757010240	504.59	
0757030062	643.22	0757080076	813.41	
0757030064	643.22	0760040001	1,203.61	
0757030065	643.22	0760060010	2,160.74	
0757030066	643.22	0757030048	643.22	
0757030068	643.22	0759040053	2,138.73	
0757030069	781.85	0758140026	652.37	
0757030071	781.85	0757080002	555.74	
0757030072	781.85	0760101499	1,010.94	
0757030074	781.85	0760101635	1,010.94	

Account Number	Assessment	Account Number	Assessment	
0757030075	781.85	0757030056	643.22	
0757030076	781.85	0759040009	2,138.73	
0757030077	781.85	0758130014	1,012.04	
0757030079	88.71	0760040011	2,160.74	
0757030081	781.85	0759040024	2,138.73	
0757030082	781.85	0760101617	1,010.94	
0757030083	781.85	0757051857	1,444.88	
0757060086	88.71	0757160421	1,197.74	
0757060087	88.71	0758160004	1,711.67	
0757060089	889.67	0760101620	1,010.94	
0757060091	88.71	0757051847	1,444.88	
0757060092	88.71	0760101507	1,010.94	
0757060093	88.71	0758120061	652.37	
0757060094	889.67	0760101589	1,010.94	
0757060095	889.67	0757080059	499.15	
0757060096	889.67	0758140014	652.37	
0757060098	889.67	0758140044	1,012.04	
0757060100	889.67	0759060011	2,138.73	
0757060101	88.71	0758100021	1,569.32	
0757060103	88.71	0760101632	1,010.94	
0757060104	88.71	0759040082	2,138.73	
0757060105	88.71	0760101481	1,010.94	
0757060106	88.71	0758040351	889.67	
0757060107	88.71	0757010171	781.85	
0757060108	889.67	0759130021	2,160.74	
0757060109	889.67	0760101552	1,010.94	
0757060110	88.71	0759040017	2,138.73	
0757060111	889.67	0757080009	555.74	
0757060112	889.67	0757070222	504.59	
0757060113	889.67	0757051878	1,444.88	
0757060114	889.67	0759040040	2,138.73	
0757060115	88.71	0758040378	966.69	
0757060116	88.71	0758140031	652.37	
0757060117	88.71	0757051866	1,444.88	
0757060118	88.71	0759040063	2,138.73	
0757060119	889.67	0757030078	88.71	
0757060120	88.71	0760101537	1,010.94	
0757060121	88.71	0758100019	1,569.32	
0757060123	966.69	0759130012	1,248.24	
0757060125	88.71	0759060030	2,138.73	
0757060126	966.69	0759040065	2,138.73	
0757060127	966.69	0758160032	1,711.67	
0757060128	966.69	0759130001	2,160.74	
0757060129	88.71	0757010181	781.85	
0757060130	966.69	0760101660	1,010.94	
0757060133	966.69	0758120041	630.05	
0757060136	88.71	0760101671	1,010.94	
0757060137	88.71	0757030016	643.54	
0757060138	88.71	0757030038	643.22	
0757060141	966.69	0758090020	1,569.32	
0757060142	966.69	0760040004	1,248.24	
0757060143	966.69	0757070225	504.59	
0757070144	1,197.73	0759060020	2,138.73	

Account Number	Assessment	Account Number	Assessment	
0757070146	1,197.73	0760101541	1,010.94	
0757070149	1,197.73	0758140021	652.37	
0757070150	1,197.73	0757051891	1,444.88	
0757070209	504.59	0759060010	2,138.73	
0757070210	504.59	0760101618	1,010.94	
0757070211	504.59	0759040021	2,138.73	
0757070212	504.59	0760101511	1,010.94	
0757070215	504.59	0760101494	1,010.94	
0757070217	504.59	0760101521	1,010.94	
0757070220	504.59	0758130015	652.37	
0757070221	504.59	0757051854	1,444.88	
0757070224	504.59	0759040027	2,138.73	
0757070228	504.59	0757051846	1,444.88	
0757070229	504.59	0757080048	555.74	
0757070230	504.59	0757051858	1,444.88	
0757070232	504.59	0758060031	926.15	
0757070233	504.59	0760101488	1,010.94	
0757070234	504.59	0759130011	1,248.24	
0757070236	504.59	0760101506	1,010.94	
0757070237	504.59	0760101588	1,010.94	
0757080003	555.74	0758090014	1,569.32	
0757080004	555.74	0757060102	889.67	
0757080005	555.74	0757080007	555.74	
0757080006	555.74	0757030052	643.22	
0757080008	555.74	0758160016	1,711.67	
0757080011	555.74	0759040085	2,138.73	
0757080017	555.74	0758040305	88.71	
0757080018	555.74	0757080062	499.15	
0757080019	555.74	0758110010	1,012.04	
0757080021	555.74	0759040018	2,138.73	
0757080022	555.74	0758100026	1,569.32	
0757080023	555.74	0758120051	652.37	
0757080024	555.74	0757080087	813.41	
0757080026	555.74	0758130007	1,012.04	
0757080029	555.74	0757070218	504.59	
0757080030	555.74	0758160027	1,711.67	
0757080031	555.74	0757060139	966.69	
0757080034	555.74	0759040064	2,138.73	
0757080035	555.74	0758040330	781.85	
0757080036	555.74	0758140011	1,012.04	
0757080040	555.74	0759130004	2,160.74	
0757080042	555.74	0759040033	2,138.73	
0757080043	555.74	0760101605	1,010.94	
0757080044	555.74	0757030017	643.54	
0757080045	555.74	0760101583	1,010.94	
0757080046	555.74	0760101672	1,010.94	
0757080047	555.74	0758150028	1,711.67	
0757080051	499.15	0758140022	652.37	
0757080056	499.15	0757010256	504.59	
0757080057	499.15	0758120029	643.22	
0757080058	499.15	0759040072	2,138.73	
0757080060	499.15	0758140001	1,012.04	
0757080061	499.15	0760060007	2,160.74	

Account Number	Assessment	Account Number	Assessment	
0757080066	555.74	0757060099	889.67	
0757080067	499.15	0760101573	1,010.94	
0757080068	772.88	0758080466	966.69	
0757080072	88.71	0760040015	2,160.74	
0757080073	813.41	0760101678	1,010.94	
0757080074	813.41	0757051892	1,444.88	
0757080079	813.41	0759040020	2,138.73	
0757080081	813.41	0757030070	88.71	
0757080082	813.41	0760101633	1,010.94	
0757080083	772.88	0757051845	1,444.88	
0757080088	772.88	0760101524	1,010.94	
0757080089	772.88	0759040026	2,138.73	
0757080090	813.41	0758130018	630.05	
0757080091	772.88	0758150036	1,711.67	
0757080092	813.41	0760101639	1,010.94	
0757080093	813.41	0759040067	2,138.73	
0757130260	88.71	0758160030	1,711.67	
0757130261	889.67	0758110013	652.37	
0757130262	889.67	0757080039	555.74	
0757130263	889.67	0760101574	1,010.94	
0757130264	889.67	0760101656	1,010.94	
0757130265	889.67	0757051888	1,444.88	
0757130266	889.67	0758100011	1,569.32	
0757130267	889.67	0760101485	1,010.94	
0757130268	889.67	0757060088	889.67	
0757130269	889.67	0758160006	1,711.67	
0757130270	88.71	0759060034	2,138.73	
0757130271	889.67	0758040401	889.67	
0757130272	889.67	0760101648	1,010.94	
0757130274	88.71	0760101554	1,010.94	
0757130276	889.67	0759040015	2,138.73	
0757130277	889.67	0759040038	2,138.73	
0757130279	889.67	0760101662	1,010.94	
0757130280	88.71	0760101533	1,010.94	
0757130281	889.67	0758120040	652.37	
0757130282	889.67	0758140010	1,012.04	
0757130284	88.71	0760101516	1,010.94	
0757130286	889.67	0758080453	966.69	
0757130287	889.67	0760101598	1,010.94	
0757130288	889.67	0759060024	2,138.73	
0757130289	889.67	0758100028	1,569.32	
0757130290	889.67	0759040071	2,138.73	
0757130291	889.67	0757051865	1,444.88	
0757130294	781.85	0757060122	889.67	
0757130295	88.71	0758130036	1,012.04	
0757130296	88.71	0759040054	2,138.73	
0757130297	88.71	0758040346	889.67	
0757130298	781.85	0760040012	2,160.74	
0757130299	781.85	0760101657	1,010.94	
0757130300	781.85	0760101636	1,010.94	
0757130301	781.85	0759040008	2,138.73	
0757130303	781.85	0759040023	2,138.73	
0757130304	781.85	0758060019	88.71	

Account Number	Assessment	Account Number	Assessment	
0757160402	889.67	0760101498	1,010.94	
0757160403	889.67	0760101570	1,010.94	
0757160404	889.67	0758130013	652.37	
0757160405	889.67	0758060034	1,573.48	
0757160407	88.71	0758100003	1,569.32	
0757160408	1,197.74	0758130053	1,012.04	
0757160410	1,197.74	0760101664	1,010.94	
0757160411	1,197.74	0759040041	2,138.73	
0757160412	88.71	0760101555	1,010.94	
0757160413	1,197.74	0760140024	2,138.73	
0757160414	1,197.74	0759040007	2,138.73	
0757160415	1,197.74	0757070238	504.59	
0757160416	1,197.74	0760101530	1,010.94	
0757160417	1,197.74	0760040024	2,160.74	
0757160418	1,197.74	0760101504	1,010.94	
0757160419	1,197.74	0757060131	966.69	
0757160420	1,197.74	0760101586	1,010.94	
0757160422	1,197.74	0757080054	499.15	
0757160423	1,197.74	0760030002	1,248.24	
0757160424	1,197.74	0758130023	652.37	
0757160425	1,197.74	0760101596	1,010.94	
0757160426	1,197.74	0760101486	1,010.94	
0758010427	966.69	0757010184	504.59	
0758010428	966.69	0757080020	555.74	
0758010429	966.69	0757080032	555.74	
0758010430	966.69	0757080010	555.74	
0758010431	966.69	0758100014	1,569.32	
0758010432	966.69	0757130285	889.67	
0758010434	966.69	0757051875	1,444.88	
0758010502	966.69	0757051863	1,444.88	
0758010503	88.71	0759060031	2,138.73	
0758010504	966.69	0759040062	2,138.73	
0758010506	966.69	0757130293	781.85	
0758010507	966.69	0758140013	1,012.04	
0758010509	966.69	0760101538	1,010.94	
0758010511	966.69	0757080038	555.74	
0758040309	88.71	0758140036	1,012.04	
0758040310	781.85	0757070147	1,197.73	
0758040312	781.85	0758040393	966.69	
0758040313	781.85	0757080028	555.74	
0758040314	781.85	0757051873	1,444.88	
0758040315	781.85	0759040012	2,138.73	
0758040317	781.85	0759040051	2,138.73	
0758040318	781.85	0757010239	504.59	
0758040320	781.85	0757051894	1,444.88	
0758040321	781.85	0758130001	652.37	
0758040322	781.85	0760101642	1,010.94	
0758040324	781.85	0760060005	2,160.74	
0758040326	781.85	0760101652	1,010.94	
0758040327	781.85	0758130047	1,012.04	
0758040328	781.85	0760101595	1,010.94	
0758040331	781.85	0760101513	1,010.94	
0758040332	781.85	0760101546	1,010.94	

Account Number	Assessment	Account Number	Assessment	
0758040334	781.85	0760101680	1,010.94	
0758040335	781.85	0760101526	1,010.94	
0758040336	781.85	0760040007	2,160.74	
0758040337	781.85	0760140034	2,138.73	
0758040339	781.85	0757030029	88.71	
0758040340	781.85	0760101631	1,010.94	
0758040341	889.67	0760101592	1,010.94	
0758040342	889.67	0760101609	1,010.94	
0758040343	889.67	0758130012	652.37	
0758040344	889.67	0760101619	1,010.94	
0758040345	889.67	0760101491	1,010.94	
0758040347	889.67	0757051855	1,444.88	
0758040348	88.71	0760101477	1,010.94	
0758040352	889.67	0757080015	555.74	
0758040353	889.67	0757130278	889.67	
0758040354	889.67	0760101564	1,010.94	
0758040356	889.67	0759040002	2,138.73	
0758040357	889.67	0760040009	2,160.74	
0758040358	88.71	0760101535	1,010.94	
0758040359	889.67	0758040399	966.69	
0758040361	889.67	0757010248	504.59	
0758040363	889.67	0759040080	2,138.73	
0758040364	889.67	0760101509	1,010.94	
0758040365	889.67	0757051868	1,444.88	
0758040366	889.67	0757051872	1,444.88	
0758040367	889.67	0758040311	781.85	
0758040368	889.67	0760101681	1,010.94	
0758040369	889.67	0760101483	1,010.94	
0758040370	889.67	0760101628	1,010.94	
0758040371	889.67	0757060090	889.67	
0758040372	889.67	0759130014	1,248.24	
0758040374	966.69	0757080033	555.74	
0758040375	966.69	0760130020	2,138.73	
0758040376	966.69	0758040333	781.85	
0758040379	966.69	0758140051	1,012.04	
0758040380	966.69	0760101543	1,010.94	
0758040381	966.69	0757030059	643.22	
0758040382	966.69	0758080499	966.69	
0758040383	88.71	0758090022	1,569.32	
0758040384	966.69	0757070216	504.59	
0758040385	966.69	0758130042	1,012.04	
0758040387	966.69	0760101623	1,010.94	
0758040388	966.69	0757051880	1,444.88	
0758040389	966.69	0757030036	643.22	
0758040391	966.69	0760140031	2,138.73	
0758040392	966.69	0758100009	1,569.32	
0758040394	966.69	0757080075	813.41	
0758040395	966.69	0758040316	781.85	
0758040396	966.69	0760101647	1,010.94	
0758040397	88.71	0759040056	2,138.73	
0758040398	966.69	0758060006	879.26	
0758040400	889.67	0757030063	88.71	
0758050002	643.22	0757010192	504.59	

Account Number	Assessment	Account Number	Assessment	
0758050003	643.22	0760101560	1,010.94	
0758050004	643.22	0758040308	781.85	
0758050006	88.71	0760101529	1,010.94	
0758050007	643.22	0757060084	889.67	
0758050009	643.22	0757051844	1,444.88	
0758050010	643.22	0757030053	643.22	
0758050011	643.22	0760101514	1,010.94	
0758050012	643.22	0758040323	781.85	
0758060001	926.15	0758080448	966.69	
0758060002	879.26	0757051852	1,444.88	
0758060003	926.15	0760101478	1,010.94	
0758060004	926.15	0759060014	2,138.73	
0758060005	926.15	0760101527	1,010.94	
0758060007	879.26	0757051897	1,444.88	
0758060008	879.26	0760101612	1,010.94	
0758060009	926.15	0760101569	1,010.94	
0758060010	879.26	0759040079	2,138.73	
0758060011	879.26	0759060012	2,138.73	
0758060013	879.26	0760101496	1,010.94	
0758060014	879.26	0760101591	1,010.94	
0758060015	879.26	0759040005	2,138.73	
0758060016	926.15	0757030013	643.54	
0758060017	926.15	0760101567	1,010.94	
0758060018	926.15	0760101508	1,010.94	
0758060020	879.26	0760101510	1,010.94	
0758060021	879.26	0758130054	1,012.04	
0758060022	926.15	0757030025	643.22	
0758060023	926.15	0758140043	1,012.04	
0758060024	926.15	0760101600	1,010.94	
0758060025	926.15	0757010196	504.59	
0758060026	926.15	0757051893	1,444.88	
0758060028	926.15	0760101621	1,010.94	
0758060029	926.15	0757010160	781.85	
0758060030	926.15	0758100020	1,569.32	
0758060032	926.15	0759040083	2,138.73	
0758060033	926.15	0759130002	2,160.74	
0758060037	926.15	0757051849	1,444.88	
0758060038	926.15	0757051877	1,444.88	
0758060039	926.15	0760101627	1,010.94	
0758060040	926.15	0760101480	1,010.94	
0758060041	879.26	0760101551	1,010.94	
0758060042	879.26	0757051867	1,444.88	
0758060043	879.26	0760030004	1,248.24	
0758080437	88.71	0759040016	2,138.73	
0758080438	966.69	0760101536	1,010.94	
0758080439	966.69	0760050016	2,160.74	
0758080440	966.69	0758010433	966.69	
0758080441	966.69	0758160035	1,711.67	
0758080442	966.69	0758110002	1,012.04	
0758080444	966.69	0758080436	966.69	
0758080445	966.69	0760101557	1,010.94	
0758080446	966.69	0758160005	1,711.67	
0758080447	966.69	0759130019	1,248.24	

Account Number	Assessment	Account Number	Assessment	
0758080449	966.69	0759040059	2,138.73	
0758080450	966.69	0757051883	1,444.88	
0758080451	966.69	0757080078	813.41	
0758080452	966.69	0758090011	1,569.32	
0758080454	966.69	0760101542	1,010.94	
0758080455	966.69	0758090021	1,569.32	
0758080456	966.69	0758040319	781.85	
0758080457	966.69	0760101661	1,010.94	
0758080458	966.69	0757030037	643.22	
0758080459	966.69	0757051876	1,444.88	
0758080460	966.69	0760101517	1,010.94	
0758080462	966.69	0760101599	1,010.94	
0758080463	966.69	0760101646	1,010.94	
0758080464	966.69	0760101670	1,010.94	
0758080465	966.69	0759040057	2,138.73	
0758080467	966.69	0758130043	1,012.04	
0758080468	966.69	0760101597	1,010.94	
0758080469	966.69	0760101515	1,010.94	
0758080470	966.69	0758100045	1,569.32	
0758080471	966.69	0757160409	1,197.74	
0758080472	966.69	0760101613	1,010.94	
0758080473	966.69	0759060002	2,138.73	
0758080474	966.69	0759060021	2,138.73	
0758080475	966.69	0757051853	1,444.88	
0758080476	966.69	0757051869	1,444.88	
0758080477	966.69	0759140010	1,248.24	
0758080478	966.69	0760101522	1,010.94	
0758080479	966.69	0757051890	1,444.88	
0758080480	966.69	0760101568	1,010.94	
0758080481	966.69	0758040349	889.67	
0758080482	966.69	0758040373	889.67	
0758080484	966.69	0758150038	1,711.67	
0758080485	966.69	0757051843	1,444.88	
0758080486	966.69	0760101495	1,010.94	
0758080487	966.69	0759040028	2,138.73	
0758080488	966.69	0758060036	926.15	
0758080489	966.69	0759040044	2,138.73	
0758080490	966.69	0760101556	1,010.94	
0758080491	966.69	0760101663	1,010.94	
0758080492	966.69	0759040006	2,138.73	
0758080493	966.69	0760130015	2,138.73	
0758080494	966.69	0758160013	1,711.67	
0758080495	966.69	0758130008	1,012.04	
0758080498	966.69	0757060134	966.69	
0758080500	966.69	0760101487	1,010.94	
0758080501	966.69	0760101585	1,010.94	
0758090002	1,569.32	0760101503	1,010.94	
0758090004	1,569.32	0757080013	555.74	
0758090005	1,569.32	0759040084	2,138.73	
0758090006	1,569.32	0758040360	889.67	
0758090009	1,569.32	0758160036	1,711.67	
0758090012	1,569.32	0758090010	1,569.32	
0758090015	1,569.32	0757080086	813.41	

Account Number	Assessment	Account Number	Assessment	
0758090017	1,569.32	0757010173	781.85	
0758090019	1,569.32	0759060032	2,138.73	
0758090023	1,569.32	0758160008	1,711.67	
0758090024	1,569.32	0759040061	2,138.73	
0758090025	1,569.32	0757051862	1,444.88	
0758100001	939.01	0760101531	1,010.94	
0758100002	1,569.32	0759040013	2,138.73	
0758100004	1,569.32	0757080084	813.41	
0758100005	1,569.32	0760101645	1,010.94	
0758100006	1,569.32	0757020008	966.69	
0758100007	1,569.32	0757130273	889.67	
0758100008	1,569.32	0759060022	2,138.73	
0758100012	1,569.32	0760030011	1,248.24	
0758100013	1,569.32	0760101518	1,010.94	
0758100018	1,569.32	0757010183	504.59	
0758100023	1,569.32	0760101659	1,010.94	
0758100025	1,569.32	0757080077	813.41	
0758100030	1,569.32	0759040052	2,138.73	
0758100031	1,569.32	0760101545	1,010.94	
0758100033	1,569.32	0757080001	555.74	
0758100034	1,569.32	0760101525	1,010.94	
0758100036	1,569.32	0757051842	1,444.88	
0758100037	1,569.32	0760101634	1,010.94	
0758100039	1,569.32	0758090001	1,569.32	
0758100040	1,569.32	0760101476	1,010.94	
0758100041	1,569.32	0757160406	889.67	
0758100044	1,569.32	0760040010	2,160.74	
0758100046	926.11	0760101616	1,010.94	
0758100047	939.01	0759040025	2,138.73	
0758100048	939.01	0757051895	1,444.88	
0758100049	1,569.32	0758130051	1,012.04	
0758100050	939.01	0760101490	1,010.94	
0758100051	854.77	0760101523	1,010.94	
0758100052	1,569.32	0757051856	1,444.88	
0758100053	1,569.32	0758160018	1,711.67	
0758100055	854.77	0758050005	643.22	
0758110001	1,012.04	0758010510	966.69	
0758110004	1,012.04	0757130283	889.67	
0758110005	1,012.04	0758110008	1,012.04	
0758110006	1,012.04	0757130302	781.85	
0758110007	1,012.04	0758100016	1,569.32	
0758110012	652.37	0759040047	2,138.73	
0758110014	652.37	0760101666	1,010.94	
0758110015	652.37	0759060036	2,138.73	
0758110016	1,012.04	0759060007	2,138.73	
0758110017	652.37	0757080052	555.74	
0758110018	652.37	0757051885	1,444.88	
0758110019	652.37	0757051859	1,444.88	
0758110020	652.37	0758040329	781.85	
0758110021	652.37	0760101602	1,010.94	
0758120001	643.22	0757080070	813.41	
0758120002	643.22	0758130045	1,012.04	
0758120003	643.22	0758160025	1,711.67	

Account Number	Assessment	Account Number	Assessment	
0758120006	643.22	0758140049	1,012.04	
0758120007	643.22	0760101475	1,010.94	
0758120008	643.22	0759060017	2,138.73	
0758120009	643.22	0757010178	781.85	
0758120010	643.22	0760101622	1,010.94	
0758120011	643.22	0758100032	1,569.32	
0758120013	643.22	0758100043	1,569.32	
0758120014	643.22	0758120027	643.22	
0758120015	643.22	0760140032	2,138.73	
0758120016	643.22	0760101563	1,010.94	
0758120017	643.22	0758060012	879.26	
0758120018	643.22	0760101548	1,010.94	
0758120019	643.22	0760101493	1,010.94	
0758120020	643.22	0758100054	1,569.32	
0758120021	643.22	0757010166	781.85	
0758120022	643.22	0759040074	2,138.73	
0758120023	643.22	0757051879	1,444.88	
0758120024	643.22	0757010158	781.85	
0758120025	643.22	0760101676	1,010.94	
0758120026	643.22	0758110003	1,012.04	
0758120030	643.22	0757051860	1,444.88	
0758120031	643.22	0759060026	2,138.73	
0758120033	643.22	0760101614	1,010.94	
0758120034	643.22	0760130017	2,138.73	
0758120036	643.22	0757080055	499.15	
0758120038	652.37	0759040011	2,138.73	
0758120039	652.37	0757030014	643.54	
0758120042	88.71	0759130010	1,248.24	
0758120043	630.05	0758150031	1,711.67	
0758120044	652.37	0760101669	1,010.94	
0758120045	652.37	0758130020	652.37	
0758120046	652.37	0757080065	499.15	
0758120047	652.37	0760101603	1,010.94	
0758120048	652.37	0759040069	2,138.73	
0758120049	652.37	0759060040	2,138.73	
0758120050	652.37	0759060039	2,138.73	
0758120052	1,012.04	0758160028	1,711.67	
0758120053	1,012.04	0759060004	2,138.73	
0758120054	652.37	0758160020	1,711.67	
0758120055	652.37	0758010508	966.69	
0758120056	88.71	0759040032	2,138.73	
0758120057	630.05	0757130292	781.85	
0758120059	88.71	0760101625	1,010.94	
0758120060	652.37	0760050017	2,160.74	
0758130002	652.37	0757051874	1,444.88	
0758130003	652.37	0757030073	781.85	
0758130004	652.37	0760040016	2,160.74	
0758130005	652.37	0757051886	1,444.88	
0758130006	652.37	0760101580	1,010.94	
0758130010	1,012.04	0759060016	2,138.73	
0758130011	652.37	0757010203	504.59	
0758130016	652.37	0758100042	1,569.32	
0758130017	652.37	0759040046	2,138.73	

Account Number	Assessment	Account Number	Assessment	
0758130024	630.05	0758040306	781.85	
0758130025	652.37	0757130275	889.67	
0758130026	652.37	0760101577	1,010.94	
0758130028	652.37	0760101673	1,010.94	
0758130030	652.37	0757051850	1,444.88	
0758130031	1,012.04	0758130019	652.37	
0758130032	652.37	0760101593	1,010.94	
0758130033	1,012.04	0758150033	1,711.67	
0758130035	1,012.04	0759040039	2,138.73	
0758130037	1,012.04	0759040049	2,138.73	
0758130039	1,012.04	0759040081	2,138.73	
0758130040	1,012.04	0758130021	630.05	
0758130044	1,012.04	0757030015	643.54	
0758130049	1,012.04	0759040043	2,138.73	
0758130050	1,012.04	0758100022	1,569.32	
0758130052	1,012.04	0760101668	1,010.94	
0758130055	1,012.04	0759040045	2,138.73	
0758130056	1,012.04	0760050018	2,160.74	
0758130057	652.37	0758080483	966.69	
0758130058	1,012.04	0760101501	1,010.94	
0758140002	1,012.04	0757080050	499.15	
0758140003	1,012.04	0758120012	643.22	
0758140004	1,012.04	0759040055	2,138.73	
0758140006	1,012.04	0758160011	1,711.67	
0758140007	1,012.04	0760101682	1,010.94	
0758140008	1,012.04	0757010186	504.59	
0758140009	1,012.04	0757051882	1,444.88	
0758140012	652.37	0759130020	2,160.74	
0758140015	652.37	0757051871	1,444.88	
0758140016	652.37	0758160033	1,711.67	
0758140017	1,012.04	0760101559	1,010.94	
0758140018	1,012.04	0759060003	2,138.73	
0758140019	1,012.04	0757080016	555.74	
0758140020	652.37	0758130041	1,012.04	
0758140023	652.37	0760101624	1,010.94	
0758140024	652.37	0760101650	1,010.94	
0758140025	652.37	0759130005	2,160.74	
0758140027	652.37	0757051881	1,444.88	
0758140028	652.37	0757020007	966.69	
0758140029	652.37	0760101482	1,010.94	
0758140030	652.37	0759060013	2,138.73	
0758140032	1,012.04	0760101544	1,010.94	
0758140033	1,012.04	0760101561	1,010.94	
0758140034	1,012.04	0758040307	781.85	
0758140035	1,012.04	0760101587	1,010.94	
0758140037	1,012.04	0758090008	1,569.32	
0758140038	1,012.04	0757051851	1,444.88	
0758140039	1,012.04	0760101528	1,010.94	
0758140040	1,012.04	0760101615	1,010.94	
0758140041	1,012.04	0760101674	1,010.94	
0758140042	1,012.04	0757051896	1,444.88	
0758140045	1,012.04	0760101479	1,010.94	
0758140046	1,012.04	0759040003	2,138.73	

Account Number	Assessment	Account Number	Assessment	
0758140047	1,012.04	0760101473	1,010.94	
0758140048	1,012.04	0759040078	2,138.73	
0758140050	1,012.04	0760101590	1,010.94	
0758150001	1,711.67	0757060085	889.67	
0758150002	1,711.67	0758050008	643.22	
0758150003	1,711.67	0759140001	1,248.24	
0758150004	1,711.67	0758130060	1,012.04	
0758150005	1,711.67	0760101558	1,010.94	
0758150006	1,711.67	0757060140	966.69	
0758150007	965.19	0760101566	1,010.94	
0758150008	965.19	0760101665	1,010.94	
0758150009	1,711.67	0759040004	2,138.73	
0758150010	965.19	0758040362	889.67	
0758150011	965.19	0760101539	1,010.94	
0758150012	1,711.67	0758130022	652.37	
0758150013	1,711.67	0759040042	2,138.73	
0758150014	1,711.67	0758130059	1,012.04	
0758150015	1,711.67	0758040355	889.67	
0758150016	1,711.67	0760030001	2,160.74	
0758150018	1,711.67	0757060132	966.69	
0758150019	1,711.67	0760101505	1,010.94	
0758150020	1,711.67	0758100015	1,569.32	
0758150021	1,711.67	0760040025	1,248.24	
0758150022	1,711.67	0760101626	1,010.94	
0758150023	1,711.67	0757051884	1,444.88	
0758150024	1,711.67	0757080041	555.74	
0758150025	1,711.67	0760101601	1,010.94	
0758150027	1,711.67	0760101651	1,010.94	
0758150030	1,711.67	0760101550	1,010.94	
0758150037	1,711.67	0760050013	2,160.74	
0758150039	1,711.67	0758130046	1,012.04	
0758150041	1,711.67	0757080027	555.74	
0758150042	965.19	0757070148	1,197.73	
0758150043	965.19	0760101643	1,010.94	
0758150044	965.19	0758040390	966.69	
0758150045	1,711.67	0757051864	1,444.88	
0758150046	965.19	0759120001	2,160.74	
0758150047	965.19	0757030057	88.71	
0758160002	1,711.67	0760101629	1,010.94	
0758160007	1,711.67	0760101520	1,010.94	
0758160010	1,711.67	0760040008	2,160.74	
0758160019	1,711.67	0760101562	1,010.94	
0758160021	1,711.67	0760101547	1,010.94	
0758160022	1,711.67	0758090018	1,569.32	
0758160024	1,711.67	0760101594	1,010.94	
0759060023	2,138.73	0759040058	2,138.73	
0759060029	2,138.73	0760101512	1,010.94	
0759130006	1,248.24	0760101630	1,010.94	
0759130007	2,160.74	0758120058	630.05	
0759130008	1,248.24	0757020005	889.67	
0759130009	1,248.24	0757020151	781.85	
0759130013	1,248.24	0760101492	1,010.94	
0759130015	1,248.24	0760101565	1,010.94	

Account Number	Assessment	Account Number	Assessment	
0759130016	1,248.24	0760101474	1,010.94	
0759130018	2,160.74	0760101641	1,010.94	
0759140002	2,160.74	0758160023	1,711.67	
0759140004	1,248.24	0757060135	966.69	
0759140005	1,248.24	0758040350	889.67	
0759140006	1,248.24	0760101653	1,010.94	
0759140007	1,248.24	0758090016	1,569.32	
0759140009	1,248.24	0758160012	1,711.67	
0760030003	2,160.74	0758100035	1,569.32	
0760030005	1,248.24	0757070223	504.59	
0760030006	2,160.74	0758160009	1,711.67	
0760030007	2,160.74	0758100024	1,569.32	
0760030009	2,160.74	0757080014	555.74	
0760040002	1,203.61	0758150048	1,711.67	
0760040003	1,203.61	0757070227	504.59	
0760040005	1,248.24	0759040068	2,138.73	
0760040006	1,248.24	0759060035	2,138.73	
0760040013	2,160.74	0759060009	2,138.73	
0760040014	2,160.74	0759140008	1,248.24	
0760040017	2,160.74	0758160001	1,711.67	
0760040019	1,248.24	0759040035	2,138.73	
0760040020	1,248.24	0758160031	1,711.67	
0760040021	1,248.24	0760101534	1,010.94	
0760040022	1,248.24	0760030008	1,248.24	
0760040023	2,160.74	0759040066	2,138.73	
0760050001	1,248.24	0759040001	2,138.73	
0760050002	1,203.61	0759040076	2,138.73	
0760050003	1,203.61	0758150026	1,711.67	
0760050004	1,248.24	0760030012	1,248.24	
0760050005	1,248.24	0760060009	2,160.74	
0760050006	1,203.61	0760101578	1,010.94	
0760050007	1,248.24	0758130027	652.37	
0760050008	1,248.24	0760101658	1,010.94	
0760050009	1,248.24	0760101571	1,010.94	
0760050010	2,160.74	0759040022	2,138.73	
0760050011	2,160.74	0758060035	926.15	
0760050012	1,248.24	0759060019	2,138.73	
0760050014	1,248.24	0758150034	1,711.67	
0760050015	1,248.24	0758080461	966.69	
0760060001	1,248.24	0760101637	1,010.94	
0760060002	1,248.24	0758150049	1,711.67	
0760060006	2,160.74	0757080049	499.15	
0760060008	2,160.74	0758160017	1,711.67	
0760060011	2,160.74	0760101489	1,010.94	
0760060012	2,160.74	0758100027	1,569.32	
0760060013	2,160.74	0758110011	652.37	
0760060015	1,248.24	0760130019	2,138.73	
0760060016	1,248.24	0757080063	499.15	
0760060017	1,248.24	0759040034	2,138.73	
0760101472	1,010.94	0759060006	2,138.73	
0760130001	2,138.73	0758160015	1,711.67	
0760130002	2,138.73	0759130003	2,160.74	
0760130003	2,138.73	0760130011	2,138.73	

Account Number	Assessment	Account Number	Assessment	
0760130004	2,138.73	0757070219	504.59	
0760130005	2,138.73	0759060037	2,138.73	
0760130006	2,138.73	0760101683	1,010.94	
0760130007	2,138.73	0757080071	813.41	
0760130008	2,138.73	0760101540	1,010.94	
0760130009	2,138.73	0759040019	2,138.73	
0760130010	2,138.73	0757080080	772.88	
0760130012	2,138.73	0758160026	1,711.67	
0760130013	2,138.73	0758130048	1,012.04	
0760130016	2,138.73	0758160034	1,711.67	
0760130018	2,138.73	0758150017	1,711.67	
0760130021	2,138.73	0757030067	643.22	
0760130022	2,138.73	0757070213	504.59	
0760130023	2,138.73	0758050001	88.71	
0760140025	2,138.73	0758150029	1,711.67	
0760140026	2,138.73	0760101608	1,010.94	
0760140027	2,138.73	0759040073	2,138.73	
0760140028	2,138.73	0757060124	88.71	
0760140029	2,138.73	0759060018	2,138.73	
0760140030	2,138.73	0758120035	643.22	
0760140035	2,138.73	0757010257	504.59	
0760140036	2,138.73	0758130038	1,012.04	
0760101675	1,010.94	0758080443	966.69	
0758100010	1,569.32	0760101582	1,010.94	
0757080064	499.15	0760101679	1,010.94	
0757051889	1,444.88	0757030020	643.22	
0759040010	2,138.73	0759040050	2,138.73	
0759060038	2,138.73	0760101610	1,010.94	
0758160029	1,711.67	0759040029	2,138.73	
0757051887	1,444.88	0760101575	1,010.94	
0760101604	1,010.94	0759040075	2,138.73	
		0757051848	1,444.88	
		0758090007	1,569.32	
		0758150035	1,711.67	
	
726,483.30		
977,811.65	
		
Total, Gross	
1,704,294.95	

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-07, Adopting the Annual Meeting Schedule for Fiscal Year 2020-2021

RESOLUTION 2020-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2020-2021

WHEREAS, the Blackburn Creek Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with Chapter 2004-423, Laws of Florida; and

WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time and location of the District’s meetings; and

WHEREAS, the Board has proposed the Fiscal Year 2020-2021 annual meeting schedule as attached in Exhibit A;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

The Fiscal Year 2020-2021 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and will be published in accordance with the requirements of Florida law.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 12th DAY OF AUGUST, 2020.

ATTEST:	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

____________________________		 Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT “A”

BOARD OF SUPERVISORS MEETING DATES BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2020-2021

Wednesday, October 14, 2020
Wednesday, November 11, 2020
Wednesday, December 9, 2020
Wednesday, January 13, 2021
Wednesday, February 10, 2021
Wednesday, March 10, 2021
Wednesday, April 14, 2021
Wednesday, May 12, 2021
Wednesday, June 9, 2021
Wednesday, July 14, 2021
Wednesday, August 11, 2021
Wednesday, September 8, 2021

All meetings will convene at 12:15 p.m. at 5800 Lakewood Ranch Blvd, Sarasota, FL 34240.

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-08, Declaring Vacancies on the Board

RESOLUTION 2020-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE	BLACKBURN	CREEK	COMMUNITY DEVELOPMENT DISTRICT DECLARING A VACANCY IN SEATS 1 AND 5 OF THE BOARD OF SUPERVISORS PURSUANT TO SECTION 190.006(3)(b), FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Blackburn Creek Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190 , Florida Statutes; and

WHEREAS, on November 3, 2020, two (2) members of the Board of Supervisors (“Board”) are to be elected by “Qualified Electors,” as that term is defined in Section 190.003 , Florida Statutes; and
WHEREAS, the District published a notice of qualifying period set by the Supervisor of Elections at least two (2) weeks prior to the start of said qualifying period; and

WHEREAS, at the close of the qualifying period, no one qualified to run for Seats 1; and
5; and

WHEREAS, pursuant to Section 190.006(3)(b), Florida Statutes, the Board shall declare these seats vacant, effective the second Tuesday following the general election; and

WHEREAS, Qualified Electors are to be appointed to the vacant seats within 90 days thereafter; and

WHEREAS, the Board finds that it is in the best interests of the District to adopt this Resolution declaring the seats available for election as vacant.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The following seats are hereby declared vacant effective as of November 20, 2020:

Seat #1 (currently held by Dale Weidemiller) Seat #5 (currently held by John Blakley)

SECTION 2. Until such time as the District Board nominates Qualified Electors to fill the vacancies declared in Section 1 above, the incumbent Board Supervisors of those respective seats shall remain in office.

SECTION 3. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 12th day of August, 2020.

ATTEST:	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

_____________________________	____________________________________ Secretary / Assistant Secretary	Chairperson

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Review & Consideration of PFM District Management Services Engagement Letter

July 27, 2020

Mr. Williams
Chairperson of the Board of Supervisors Blackburn Creek Community Development District 12051 Corporate Boulevard
Orlando, FL 32817 Dear Mr. Williams:

12051 Corporate Blvd.
Orlando, FL 32817
407.723.5900

pfm.com

Thank you for the opportunity to continue serving as District Manager to the Blackburn
Creek Community Development District (the ”District”). The agreement in place between our firm and the District dated January 9, 2019 provides for the review and adjustment annually of our fees pursuant to the District’s annual budget process. We are respectfully requesting a fee increase from $25,000 to $30,000 for the year.

Please note this change will be effective on the billing for October 2020, in conjunction with the District’s new Fiscal Year.

Provided the changes are acceptable, please have an authorized official of the District sign and return a copy of this letter to us to acknowledge the increase.

Sincerely,
PFM GROUP CONSULTING LLC

Accepted by:

 	_ Senior Managing Consultant

(Signature)

(Print Name)

(Date)

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Review & Consideration of Agreement with VGlobal Tech for Website Maintenance Services

FIRST ADDENDUM TO THE AGREEMENT BETWEEN THE BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT AND NEWAGETUTORS LLC, D/B/A VGLOBALTECH, FOR WEBSITE AUDITING, REMEDIATION, AND MAINTENANCE SERVICES

This First Addendum (“First Addendum”) is made and entered into this 12th day of August, 2020, by and between:

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT, a local unit of
special-purpose government, established and existing pursuant to Chapter 190, Florida Statutes, with a mailing address of 12051 Corporate Boulevard, Orlando, Florida 32817 (the "District"), and
NEWAGETUTORS LLC, D/B/A VGLOBALTECH, a Florida limited liability company, with a mailing address of 636 Fanning Drive, Winter Springs, Florida 32708 ("Contractor" and, together with the District, the “Parties”).
RECITALS

WHEREAS, the District and the Contractor entered into that Agreement between the
Blackburn	Creek	Community	Development	District	And	NewAgeTutors	LLC,	D/B/A	
VGlobalTech, for Website Auditing,	Remediation	and	Maintenance	Services,	dated	
October 9, 2019 (the “Agreement”), incorporated herein by this reference; and			

WHEREAS, Section 10(M) of the Agreement provides that the Agreement may be amended by an instrument in writing executed by both Parties; and

WHEREAS, the Parties desire to amend the Agreement to provide for additional services including additional maintenance, website hosting and e-mail hosting and related support, as more particularly described in Contractor’s proposal for services attached hereto as Exhibit A and incorporated herein by this reference; and

WHEREAS, each of the Parties hereto has the authority to execute this First Addendum and to perform its obligations and duties hereunder, and each Party has satisfied all conditions precedent to the execution of this First Addendum so that this First Addendum constitutes a legal and binding obligation of each Party hereto.

NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

SECTION 1. RECITALS. The recitals stated above are true and correct and by this reference are incorporated into and form a material part of this First Addendum.

SECTION 2. AFFIRMATION OF THE AGREEMENT.  The District and Contractor agree  that nothing contained herein shall alter or amend the Parties’ rights and obligations under the Agreement, except to the extent set forth in Section 3 of this First Addendum. The Agreement is hereby affirmed and continues to constitute a valid and binding agreement between the Parties,

including but not limited to provisions regarding ADA and WCAG standards, public records, indemnification, and sovereign immunity. To the extent any of the provisions of this First Addendum or the Agreement conflict with the provisions of Exhibits A attached hereto, this First Addendum and the Agreement shall control.

SECTION   3.   AMENDMENTS.   Pursuant   to   Section   10(M)   of the  Agreement,	the Agreement is hereby amended as follows:

The Agreement is hereby amended to add additional scope of services pursuant to Contractor’s proposal attached hereto as Exhibit A. Such services shall also include hosting and maintaining the District’s website consistent with ADA and WCAG standards, as such terms are defined in the Agreement, including but not limited to:
securing “https” certification (or continued provision of same) and provide premium, secure “cloud” hosting with fail-over, automated, and regular back-up measures to ensure continued functionality and accessibility of the website;

providing unlimited file space, bandwidth, fast website response, and 99% website uptime;

providing an e-mail account and an archiving system which will allow the District, its supervisors, staff or representatives, to respond to public records requests and maintain e-mails in compliance with applicable records retention law; and
providing any and all other efforts reasonably necessary to allow the District to receive the maximum benefit of the additional services contemplated by this First Addendum and the Agreement.

Compensation for the services shall be amended in accordance with Exhibit A . Such payment shall be due and payable in accordance with the terms of the Agreement.

All additional services provided pursuant to this First Addendum shall meet the ADA and WCAG standards, as such terms are defined in the Agreement.

SECTION 4. EFFECTIVE DATE. This First Addendum shall be effective upon execution by both Parties hereto, effective as of the date and year first written above.

[Remainder of this page intentionally left blank]

IN WITNESS WHEREOF, the Parties hereto have signed this First Addendum to the Agreement on the day and year first written above.

ATTEST:	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary		Chairperson, Board of Supervisors	

WITNESS:			
NEWAGETUTORS LLC, D/B/A
VGLOBALTECH, a Florida limited liability company	
Print Name: 				By: Vaibhav V. Joshi, Manager	

Exhibit A:	
Proposal for Additional Services	

Exhibit A

Website Maintenance Proposal For

Blackburn Creek CDD

Date	Version#	Comments	Author	
June 25, 2020	1.0	Created Proposal	VB Joshi	

VGlobalTech is the ADA, WCAG Compliance Expert and leading Web design company, with over 300 ADA & WCAG compliant websites created (….and counting) to-date! We have partnered with a non-profit agency to conduct Human Audit and Certification Seal.
Visit https://vglobaltech.com/website-compliance/ for details.

COPYRIGHT ©: This proposal and the contents within this document are solely created by VGlobalTech team for its customers and cannot be reproduced, copied, modified or distributed (including forwarding to other customers, competitors, web designers etc.) without the written consent of VGlobalTech. VGlobalTech company holds Intellectual Property* details along with company software details that must not be shared with others without the written permission of the company. The proposal and software details are customized for the requesting customer and cannot be applied to any other customer / asset / solution. This document does not apply to a case if it is not exclusively sent to you by VGlobalTech upon request.
Any violations are punishable under the law and shall be prosecuted.

* VGlobalTech has developed unique ADA and WCAG compliance expertise, optimized website templates, compliance multi-step procedure and quality control, document conversion software
and test procedures. Contact us for details of VGlobalTech’s Intellectual Property.

Table of Contents
Pricing	4
Monthly Maintenance, Hosting and Email Support	4
2.0	Proposal Acceptance:	6

Pricing
Monthly Maintenance, Hosting and Email Support

Maintenance contract is required for VGlobalTech’s proprietary document conversion software (PDF to RTF) to be used that allows faster, accurate and batch processing for document conversion.

	Task	
1.	Full content upload support to regularly keep site updated (includes all documents, audit reports, agendas, meeting minutes, events etc). Update turnaround time – less than 24 hrs from customer sending the content and documents to be updated to VGT team.	
2.	PDF Documents conversion (to Text, HTML etc) as needed (new documents during the maintenance year only) for ADA Compliance / Reader Compliance. VGlobalTech’s proprietary batch conversion software shall be used by our team for faster batch-conversion processing as long as the contract is valid (big time saver that creates compliant documents that can be uploaded to the website). If Auto conversion fails, VGlobalTech team shall perform manual OCR and conversion within 24 hrs.	
3.	Email accounts setup and support	
	
Total Monthly Maintenance with full content upload, document conversion:
$125 / month

*support beyond 10 hrs. / month / CDD shall be billed at $55 / hr. separately (VGlobalTech team shall be responsible to track and report hours exceeded, if any)
***Monthly maintenance must be paid before the 10th of every month	

This proposal includes following points, stipulations terms and conditions:
*(1) conference call or in person meetings per month with client to review metrics, results and monthly recaps *unless otherwise noted
* email and phone communication
*Anything out of the scope of work in the above proposal will be addressed and client will be immediately notified. After notification of additional work, a subsequent quote will be provided to cover that work.
*Client is responsible to adhering to timelines as far as information required to complete the task is concerned. If timelines are not adhered to and exceed 15 business days past the current marketing months, last day, all work will end. A new month with new allocated costs will be presented for future work to commence. No refunds and owed work will be due unless otherwise agreed upon. An Invoice will be provided once signature approval of this project proposal. Payments will be made to VGLOBALTECH
*Client is responsible for verifying quality of work, providing feedback, verifying that compliance has been met as required. VGlobalTech team shall not be responsible for any legal ramifications arising from work not done as per external agencies / organizations / associations needs if
proper feedback is not provided by the customer. VGlobalTech’s work will be in best faith but cannot guarantee all compliance / legal needs since we are not the final authority in the ADA or WCAG compliance area. VGlobalTech shall not be liable for any legal ramifications arising from compliance issues and cannot be held responsible for any legal or other lawsuits.
Refund Policy: The client may halt work and request for a refund within seven days of the date of signing this services agreement by mailing a signed letter to the main address listed on www.VGlobalTech.com website. If client requests a refund within seven days of the date of signing their agreement, they shall be liable to pay for all work completed and will be refunded the remaining balance of the initial payment if billable work has not exceeded a charge that would be greater than client’s initial payment. If client requests a refund after the seven days from the date of the signing of the agreement client is liable to pay for all work completed plus an additional 25% of any remaining balance that may still be due. Once line item projects are complete no refunds will be issued. Confidentiality: All information between client and service provider inclusive of technical and business information relating to proprietary ideas, patentable ideas and/or trade secrets, existing and/or contemplated products and services, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure and will be treated as such and with absolute confidentiality and will
not be shared or used, which will be maintained at all times. The client is not allowed to disclose their price with any third parties. Doing so is in breach of this agreement. All information development will be shared and proprietary information and property between client and service providers.

2.0 Proposal Acceptance:

The VGlobalTech proposed solution and terms have been accepted by the customer and the VGlobalTech can proceed with the project. All payments shall be made according to this agreement.

Website, Monthly Maintenance w/ Hosting and Email support

Signatures:

For Customer	Date	

VB Joshi		
For VGlobalTech	Date	

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorizations 122 -- 123

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorizations  122-123

No.122	PFM Group $1,250.00
Sarasota $258.50
Supervisor Fee $800.00 VGlobal $300.00	$2,608.50	
No.123	PFM Group $20.37
Vogler Ashton $164.00	$2,372.33	

By Amanda Lane at 9:06 am, Jul 13, 2020

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization No. 122
7/10/2020

Item	Payee	Invoice	General	
No.		No.	Fund	

1	
PFM Group Consulting			
	Reamortization Svcs: S2013A, 2015A1 & 2018A2	M-000138	$	1,250.00	
2	Sarasota Herald-Tribune
Legal Advertising on 07/01/2020	
SC52G0S23Q	
$	258.50	
3	Supervisor Fees - 07/08/2020 Meeting			
	Pete Williams		$	200.00	
	John Blakley		$	200.00	
	Kevin Johnson		$	200.00	
	Jerald Dell		$	200.00	
4	VGlobalTech
Quarter 2 ADA Audit	
1743	
$	300.00	
				
		TOTAL	$	2,608.50	

//
Vivian Carvalho

Secretary I Assistant Secretary		airrnan/ViceChaman	

RECEIVED
By Amanda Lane at 9:06 am, Jul 13, 2020

 	 	
Date	Invoice Number	
June 26, 2020	M-000138	
Payment Terms	Due Date	
Upon Receipt	June 26, 2020	

Blackburn Creek CDD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

Bill To:

1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642787

Company Address:

Remittance Options:
Via ACH (preferred):	
Via Wire:	
Via Mail: 
PFM Financial Advisors LLC
P.O. Box 65117
Baltimore, MD 21264-5117 United States of America	

RE:	
Re-amortization Services for: Series 2013A, 2015A-1 & 2018A-2		

Professional Fees
Total Amount Due		
$1,250.00
$1,250.00	

1	of	1

0	Herald-Tribune
CLASSIFIED ADVERTISING RECEIPT

PFM GROUP CONSULTING LLC Venessa VENESSA RIPOLL 12051 CORPORATE BLVD
Blackburn Creek Community Dev District
ORLANDO, FL 32817

Account: 10038491
Phone:	(407)723-5900
P.O. #:
Ad Taken By:	SC52
Receipt printed:	06/25/2020

Order Number	Class Number	Start Run	End Run	Run Times	
Lines	
Description	
SC52G0S23Q	0001	07-01-20	07-01-20	2	94	BLACKBURN CREEK COMMUNITY DEVELOPMENT
DISTRICT PUBLIC MEETING HELD DURING PUBLIC HEALTH EMERGENCY DUE TO COVID-19 Notice is
hereby given that the Board of Supervisors Board of the Blackburn Creek Community Development District
District will hold a mee	

Payment Detail	I	Pav Date	I	Type	I	Card or Check	#	I	Card	I	Exp	Amount	
Current Pavment	I	I	I	I	I		
Order Price	$ 258.50	
Total Payments	-	$ 0.00	
Balance	=	$ 258.50	

Sarasota Herald-Tribune
(941) 953-5555 Classified (941) 361-4098 Fax
bttp;/ / www.HerafdTribunec.om
1777 Main St.
Sarasota, FL 34236

RECEIVED JUL O 6 2020

Sarasota Herald-Tribune's Copy

PFM GROUP CONSULTING LLC Venessa VENESSA RIPOLL 12051 CORPORATE BLVD
Blackburn Creek Community Dev District ORLANDO, FL 32817

Account: 10038491
Phone:	(407)723-5900
P.O. #:
Ad Taken By:	SC52
Receipt printed:	06/25/2020

Order Number	Class Number	Start Run	End Run	Run Times	
Lines	
Description	
SC52G0S23
Q	0001	07-01-20	07-01-20	2	94	BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT PUBLIC MEETING HELD DURING PUBLIC HEALTH EMERGENCY DUE TO COVID -19 Notice is
hereby given that the Board of Supervisors Board of the Blackburn Creek Community Development District
District will hold a mee	

Payment Detail I Pav Date I	Type	I	Card or Check#	I Card  I	Exp		Amount	
Current Pavment I	I		I		I	I			
	
Order Price	$ 258.50	
Total Payments					-	$ 0.00	
Balance					=	$ 258.50	

Order:	SC52G0S23Q	Pubs:	4,10	Rate:	LE	
Phone:		(407)723-5900	Class:		0001	Charges:		$ 0.00	
Account:		10038491	Start Date: 	07/01/2020	List Price: 	$ 258.50	
Name:		VENESSA RIPOLL,	Stop Date: 	07/01/2020	Payments: 	$ 0.00	
Caller:		Venessa	Insertions: 	2	Balance:		$ 258.50	
Taken By:		SC52	Columns: 	1	Lines:		94	
Schedule:		7/1 1x, 7/1 1x, , ,			Taken On: 	06/25/2020	

Attention: 	

Fax: 	

This is a final proof. If any information is incorrect, please contact your sales representative prior to the deadline of the first insertion. Oth-
erwise your order is accepted as having been approved.

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT
PUBLIC MEETING HELD DURING PUB- LIC HEALTH EMERGENCY DUE TO COVID-19

Notice is hereby given that the Board of Supervisors (“Board”) of the Blackburn Creek Community Development District (“District”) will hold a meeting of the  Board of Supervisors on July 8, 2020 at 12:00 p.m. to be conducted by the follow- ing means of communications media technology, such as telephonic conferenc- ing, pursuant to Executive Orders 20-52, 20-69,   20-112   and   20-114   issued   by
Governor  DeSantis  on  March  9,   2020,
March 20, 2020, April 29, 2020 and May
8, 2020 respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. The meeting is being held for the neces- sary public purpose of considering essen- tial Board of Supervisors items that includes but not limited to Minutes and Resolution Regarding Amending the District’s Boundaries. At such time the Board is so authorized and may consider any business that may properly come before it.

While it is necessary to hold the above referenced meeting of the District’s Board of Supervisors utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participa- tion in a safe and efficient manner. Toward that end, anyone wishing to listen and participate in the meeting can do so telephonically at
1-844-621-3956, Participant Code: 790
562 990#. Additionally, participants are encouraged to submit questions and comments to the District Manager in advance at carvalhov@pfm.com to facili- tate the Board’s consideration of such questions and comments during the meeting.

A copy of the agenda may be obtained at the offices of the District Manager, c/o PFM Group Consulting, LLC, 12051 Corporate Blvd., Orlando, Florida 32817
(407) 723-5900, carvalhov@pfm.com (“District Manager’s Office”) during nor- mal business hours.

The meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The meeting may be continued to a date, time, and place to be specified on the record at such meet- ing. There may be occasions when Board Supervisors or District Staff may partici- pate by speaker telephone.

Any person requiring special accommo- dations at the meeting because of a disability or physical impairment should contact the District Manager’s Office at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service  by  dialing  7-1-1,  or  1-800-955-
8771 (TTY) / 1-800-955-8770 (Voice), for
aid in contacting the District Manager’s Office.

Each person who decides to appeal any decision made by the Board with respect

to any matter considered at the meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verba- tim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Vivian Carvalho District Manager
Date of pub: July 1, 2020

By Amanda Lane at 2:57 pm, Jul 08, 2020

Blackburn Creek COMMUNITY DEVELOPMENT DISTRICT

Date of Meeting: 7/8/20	

($200.00 per Supervisor per Meeting)	
Board Members:	Present		Absent		Fee	
Dale Weidemiller	 			 			 		

Pete Williams	
X				
$200.00	

John Blakley	
X				
$200.00	

Kevin Johnson	
X				
$200.00	

Jerald Dell	
X				
$200.00	

Total:		

$800.00	
		
Approved For Payment:	
		Ve	nessa Ripol	l		
		Secretary / Assistant Secretary	
			July 8, 2020			
			Date			

VGlobalTech
636 Fanning Drive
Winter Springs, FL 32708 US contact@vglobaltech.com www.vglobaltech.com

INVOICE
BILL TO
Blackburn Creek CDD 1735 Market St FL 43
Philadelphia, PA 191037502 USA

INVOICE # 1743
DATE 06/30/2020
DUE DATE 06/30/2020
TERMS Due on receipt

By Amanda Lane at 12:51 pm, Jul 02, 2020

DATE	ACTIVITY	QTY	RATE	AMOUNT	
Audits:Quarterly ADA & WCAG	1	300.00	300.00	
Audits		
Quarterly ADA & WCAG Audits		
for all new content and document		
conversions for the website.		

Invoice for Quarter 2 ADA Audit.	BALANCE DUE	$300.00
Please make check payable to VGlobalTech.

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization No. 123
7/17/2020

Item No.

Payee

Invoice	General
No.	Fund

PFM Group Consulting OM Fee: July 2020 Website Fee: July 2020

Vogler Ashton
General Counsel Through 06/30/2020

DM-07-2020-0008	$	2,083.33
DM-07-2020-0009	$	125.00

5771	$	164.00

TOTAL	$	2,372.33

By Amanda Lane at 11:39 am, Jul 20, 2020

Secretary / Assistant Secretary

Via ACH (preferred):

Via Wire:

Via Mail: 

Remittance Options:
PFM Group Consulting LLC
PO Box 65126
Baltimore, MD 21264-5126 United States of America

RE:	District Management Fee: July 2020

Professional Fees	$2,083.33
Total Amount Due	$2,083.33

Remittance Options:
Via ACH (preferred):	
Via Wire:	
Via Mail: 
PFM Group Consulting LLC PO Box 65126
Baltimore, MD 21264-5126 United States of America	

RE:	
Website Fee - July 2020			

Professional Fees
Total Amount Due		
$125.00
$125.00	

Vogler Ashton, PLLC
705 10th Avenue West, Unit 103 Palmetto , Florida 34221 Phone: 941-304-3400

Blackburn Creek Commun ity Development District		Page: 1
07/15/2020	
c/o Neal Communities of Southwest	Account No:	1-33006	
Florida, LLC	Statement No:	5771	
Sarasota FL 34240
us		
Attn: Distr ict Manager		
Blackburn Creek COD District Counsel		

For Legal Services Rendered June 1 2020, through June 30, 2020

Previous Balance	$615.00

Fees

	Hours		
06/08/2020
KA	Rev iew Agenda and Documents		
0.20	
82.00	
06/24/2020
KA		Rev iew draft agenda; Review revised/ updated Governors Covid-19 order EO 20-150 and EO 20-269		

0.20	

82.00	
For Current Services Rendered		0.40	164.00	
Recapitulation				
Timekeeper	Hours
Kimberly Ashton	0.40	Rate
$410.00		Total
$164.00	

Total Current Work	164.00

Pa ments

07/13/2020	Payment	-615.00

Balance Due	$164.00

Payments Due Upon Receipt Please;
Late after 14 days and may be subject to interest at maximum rate under law

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

General Fund

Debt Service Fund

Debt Service Fund -

Debt Service Fund - 2018

Capital

Capital Proiects	Capital Proiects	Long Term Debt	
Fund - 2015A	Fund - 2018	Group	

Proiects Fund -	Total

2015A1&A2	2013A

Assets

Current Assets
General Checking Account	$111,604.63																$111,604.63	
Assessments Receivable	57,087.13																57,087.13	
Prepaid Expenses	5,233.59																5,233.59	
Assessments Receivable			$345,390.64														345,390.64	
Due From Other Funds			2,135.93														2,135.93	
Debt Service Reserve 2013A Bond			176,125.00														176,125.00	
Debt Service Reserve 2019A Bond			91,809.05														91,809.05	
Revenue 2013A Bond			260,581.43														260,581.43	
Revenue 2019A Bond			131,489.44														131,489.44	
Interest 2019A2 Bond			4.36														4.36	
Prepayment 2013A Bond			12,927.53														12,927.53	
Sinking Fund 2013A Bond			2.56														2.56	
Assessments Receivable					$41,133.01												41,133.01	
Due From Other Funds					1,838.23												1,838.23	
Debt Service Reserve 2015A1 Bond					231,125.00												231,125.00	
Debt Service Reserve 2015A2 Bond					87,500.00												87,500.00	
Revenue 2015A Bond					163,601.57												163,601.57	
Prepayment 2015A1 Bond					8,579.33												8,579.33	
Prepayment 2015A2 Bond					48,721.27												48,721.27	
Sinking Fund 2015A1 Bond					0.21												0.21	
Revenue 2018A Bond							$463,086.73										463,086.73	
Prepayment 2018A1 Bond							9,419.97										9,419.97	
Debt Service Reserve 2018A1 Bond							172,622.68										172,622.68	
Prepayment 2018A2 Bond							173,041.04										173,041.04	
Capitalized Interest Account 2018A2 Bond							45,518.50										45,518.50	
Due from Other Funds							1,311.98										1,311.98	
Assessments Receivable							614,453.17										614,453.17	
Acquisition/Construction 2013A Bond									$22,015.24								22,015.24	
Acquisition/Construction 2019A Bond									417,296.61								417,296.61	
Acquisition/Construction 2015A Bond											$179,542.69						179,542.69	
Acquisition/Construction 2018A Bond													$149,341.89				149,341.89	
Restricted Acq/Construction 2018A Bond													70,084.77				70,084.77	
Total Current Assets	$173,925.35		$1,020,465.94		$582,498.62		$1,479,454.07		$439,311.85		$179,542.69		$219,426.66		$0.00		$4,094,625.18	

General Fund

Debt Service Fund

Debt Service Fund -

Debt Service Fund - 2018

Capital

Capital Proiects	Capital Proiects	Long Term Debt	
Fund - 2015A	Fund - 2018	Group	

Proiects Fund -	Total

2015A1&A2	2013A

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments	

$0.00		

$0.00		

$0.00	

$0.00		

$0.00		

$0.00		

$0.00		
$2,076,155.67 22,269,844.33
$24,346,000.00		
$2,076,155.67 22,269,844.33
$24,346,000.00	
Total Assets	$173,925.35		$1,020,465.94		$582,498.62	$1,479,454.07		$439,311.85		$179,542.69		$219,426.66		$24,346,000.00		$28,041,655.83	

Current Liabilities Deferred Revenue Deferred Revenue Deferred Revenue Deferred Revenue Retainage Payable
Total Current Liabilities	

$57,087.13

$57,087.13		

$345,390.64

$345,390.64	

Liabilities and Net Assets

$41,133.01
$614,453.17

$41,133.01	$614,453.17		

$0.00		

$16,006.15

$16,006.15		

$0.00		

$0.00		

$57,087.13 345,390.64
41,133.01
614,453.17
16,006.15
$1,074,070.10	

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities	

$0.00		

$0.00	

$0.00		

$0.00		

$0.00		

$0.00		

$0.00		

$24,346,000.00
$24,346,000.00		

$24,346,000.00
$24,346,000.00	
Total Liabilities	$57,087.13		$345,390.64	$41,133.01		$614,453.17		$0.00		$16,006.15		$0.00		$24,346,000.00		$25,404,063.95	

General Fund

Debt Service Fund

Debt Service Fund -

Debt Service Fund - 2018

Capital

Capital Proiects	Capital Proiects	Long Term Debt	
Fund - 2015A	Fund - 2018	Group	

Proiects Fund -	Total

2015A1&A2	2013A

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets	
($3,421.82) 70,944.72
49,315.32

$116,838.22		

$707,719.95 (32,644.65)

$675,075.30		

$595,275.08 (53,909.47)

$541,365.61		

$813,451.05 51,549.85

$865,000.90		

$2,123,019.56 (1,683,707.71)

$439,311.85		

$174,345.63 (10,809.09)

$163,536.54		

$379,490.73 (160,064.07)
$219,426.66		

$0.00		
($3,421.82) 70,944.72
49,315.32

707,719.95
(32,644.65)

595,275.08
(53,909.47)

813,451.05
51,549.85

2,123,019.56
(1,683,707.71)

174,345.63
(10,809.09)

379,490.73
(160,064.07)

$3,020,555.08	
																		
Total Liabilities and Net Assets	$173,925.35		$1,020,465.94		$582,498.62		$1,479,454.07		$439,311.85		$179,542.69		$219,426.66		$24,346,000.00		$28,041,655.83	

Statement of Activities	
As of 7/31/2020	
	
Debt Service	
Debt Service	
Debt Service	
Capital Proiects	
Capital Proiects	
Capital Project	
Long Term		
General Fund		Fund -						Total	
	Fund		Fund - 2018	Fund - 2013A	Fund - 2015A	Fund - 2018	Debt Group		
		2015A1&A2							

Revenues										
On-Roll Assessments	$85,755.84								$85,755.84	
Off-Roll Assessments	57,126.80								57,126.80	
On-Roll Assessments		$332,416.86							332,416.86	
Off-Roll Assessments		329,760.08							329,760.08	
Other Assessments		24,829.14							24,829.14	
Inter-Fund Group Transfers In		(1,263.49)							(1,263.49)	
On-Roll Assessments			$286,085.74						286,085.74	
Off-Roll Assessments			48,155.70						48,155.70	
Other Assessments			211,611.66						211,611.66	
On-Roll Assessments				$204,184.83					204,184.83	
Off-Roll Assessments				670,922.22					670,922.22	
Other Assessments				384,323.01					384,323.01	
Inter-Fund Transfers				(70,193.03)					(70,193.03)	
Inter-Fund Transfers In					$1,263.49				1,263.49	
Other Income & Other Financing Sources							$15,023.36		15,023.36	
Inter-Fund Transfers							70,193.03		70,193.03	
Total Revenues	

$142,882.64	

$685,742.59	

$545,853.10	

$1,189,237.03	$1,263.49	$0.00	$85,216.39	$0.00	

$2,650,195.24	
Expenses										
Supervisor Fees	$9,600.00								$9,600.00	
Public Officials' Insurance	2,423.00								2,423.00	
Trustee Services	14,388.13								14,388.13	
Management	20,833.30								20,833.30	
Dissemination Agent	13,750.00								13,750.00	
District Counsel	3,795.50								3,795.50	
Assessment Administration	15,000.00								15,000.00	
Reamortization Schedules	1,250.00								1,250.00	
Audit	4,500.00								4,500.00	
Arbitrage Calculation	500.00								500.00	
Postage & Shipping	307.74								307.74	
Legal Advertising	1,713.52								1,713.52	
Web Site Maintenance	1,850.00								1,850.00	
Dues, Licenses, and Fees	175.00								175.00	
General Insurance	3,499.00								3,499.00	

Statement of Activities As of 7/31/2020

General Fund

Debt Service Fund

Debt Service Fund - 2015A1&A2

Debt Service Fund - 2018

Capital Proiects Fund - 2013A

Capital Proiects Fund - 2015A

Capital Project Fund - 2018

Long Term	Total Debt Group

Principal Payment - 2013A1, 2019A1			$175,000.00														175,000.00	
Principal Payment - 2019A2			20,000.00														20,000.00	
Interest Payments - 2013A1, 2019A1			445,435.00														445,435.00	
Interest Payments - 2019A2			80,920.00														80,920.00	
Principal Payments - 2015A1 bond					$135,000.00												135,000.00	
Principal Payments - 2015A2 bond					200,000.00												200,000.00	
Interest Payments - 2015A1 bond					185,956.26												185,956.26	
Interest Payments - 2015A2 bond					79,218.77												79,218.77	
Principal Payment - 2018A1 Bond							$136,000.00										136,000.00	
Principal Payment - 2018A2 Bond							320,000.00										320,000.00	
Interest Payment - 2018A1 Bond							549,800.00										549,800.00	
Interest Payment - 2018A2 Bond							132,278.00										132,278.00	
Engineering									$29,092.85								29,092.85	
Capital Expenditures									1,657,015.98								1,657,015.98	
Engineering											$10,938.43						10,938.43	
Engineering Services													$11,784.55				11,784.55	
Capital Expenditure													233,737.66				233,737.66	
Total Expenses	$93,585.19		$721,355.00		$600,175.03		$1,138,078.00		$1,686,108.83		$10,938.43		$245,522.21		$0.00		$4,495,762.69	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$17.87																$17.87	
Interest Income			$2,967.76														2,967.76	
Interest Income					$412.46												412.46	
Interest Income							$390.82										390.82	
Interest Income									$1,137.63								1,137.63	
											$129.34						129.34	
Interest Income													$241.75				241.75	
Total Other Revenues (Expenses) & Gains (Losses)	$17.87		$2,967.76		$412.46		$390.82		$1,137.63		$129.34		$241.75		$0.00		$5,297.63	

Change In Net Assets	
$49,315.32		
($32,644.65)		
($53,909.47)		
$51,549.85		
($1,683,707.71)		
($10,809.09)		
($160,064.07)		
$0.00		
($1,840,269.82)	

Net Assets At Beginning Of Year	
$67,522.90		
$707,719.95		
$595,275.08		
$813,451.05		
$2,123,019.56		
$174,345.63		
$379,490.73		
$0.00		
$4,860,824.90	

Net Assets At End Of Year	

$116,838.22		

$675,075.30		

$541,365.61		

$865,000.90		

$439,311.85		

$163,536.54		

$219,426.66		

$0.00		

$3,020,555.08	

Blackburn Creek CDD
Budget to Actual
For the Month Ending 7/31/2020	
Year To Date	
	
Actual			
Budget			
Variance	FY 2020
Adopted Budget	

Revenues											
On-Roll Assessments	$	85,755.84		$	120,629.20		$	(34,873.36)	$ 144,755.00	
Off-Roll Assessments	57,126.80			-			57,126.80	-	
Net Revenues	$	142,882.64	$	120,629.20		$	22,253.44	$ 144,755.00	
General & Administrative Expenses									
Supervisor Fees	$	9,600.00		$	10,000.00		$	(400.00)	$	12,000.00	
Public Officials' Insurance	2,423.00			2,166.70			256.30	2,600.00	
Trustee Services	14,388.13			13,333.30			1,054.83	16,000.00	
Management	20,833.30			20,833.30			-	25,000.00	
Engineering	-			8,333.30			(8,333.30)	10,000.00	
Dissemination Agent	13,750.00			8,333.30			5,416.70	10,000.00	
District Counsel	3,795.50			16,666.70			(12,871.20)	20,000.00	
Assessment Administration	15,000.00			12,500.00			2,500.00	15,000.00	
Reamortization Schedules	1,250.00			833.30			416.70	1,000.00	
Audit	4,500.00			3,750.00			750.00	4,500.00	
Arbitrage Calculation	500.00			833.30			(333.30)	1,000.00	
Telephone	-			166.70			(166.70)	200.00	
Postage & Shipping	307.74			375.00			(67.26)	450.00	
Copies	-			125.00			(125.00)	150.00	
Legal Advertising	1,713.52			4,166.70			(2,453.18)	5,000.00	
Office Supplies	-			166.70			(166.70)	200.00	
Web Site Maintenance	1,850.00			2,250.00			(400.00)	2,700.00	
Dues, Licenses, and Fees	175.00			166.70			8.30	200.00	
Stormwater Management	-			8,333.30			(8,333.30)	10,000.00	
General Insurance	3,499.00			3,129.20			369.80	3,755.00	
General Repair & Maintenance	-			4,166.70			(4,166.70)	5,000.00	
Total General & Administrative Expenses	$	93,585.19		$	120,629.20		$	(27,044.01)	$ 144,755.00	

Total Expenses	
  $	93,585.19 		
   $		
120,629.20 		
   $		
(27,044.01)	
  $ 144,755.00 	
Income (Loss) from Operations	$	49,297.45	$	-		$	49,297.45		$	-	
Other Income (Expense)
Interest Income	

$	17.87	

$	-		

$	

17.87		

$	

-	
Total Other Income (Expense)	$	17.87	$	-		$	17.87		$	-	
Net Income (Loss)	$	49,315.32	$	-		$	49,315.32		$	-	

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