Blackburn Creek Community Development District
3501 Quadrangle Boulevard, Suite 270, 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, November 9, 2022, at 11:30 a.m. located at 5800 Lakewood Ranch Blvd, Sarasota, FL 34240. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 Passcode: 790 562 990 #
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 October 12, 2022, Board of Supervisors’ Meeting
Update of Stormwater Structures Piping Inspection
Discussing pertaining to the Transfer of Infrastructure to the HOA
Update of Capital Projects Turnover and Completion Status
Ratification of Payment Authorization 185
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

Minutes of the October 12, 2022, Board of Supervisors’ Meeting

MINUTES OF MEETING

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Wednesday, October 12, 2022, at 11:30 a.m. 5800 Lakewood Ranch Blvd., Sarasota, FL 34240
Board Members Present via Speaker or in Person: Kevin Johnson	Chairperson
Jerald Dell	Vice Chairperson
David Trast	Assistant Secretary
Kirk Fegley	Assistant Secretary
Pete Williams	Assistant Secretary Also Present via Speaker or in Person:
Vivian Carvalho	District Manager- PFM Group Consulting LLC		
Venessa Ripoll	District Manager- PFM Group Consulting LLC	(via phone)	
Jorge Jimenez	ADM- PFM Group Consulting LLC	(via phone)	
Rick Montejano	Accountant - PFM Group Consulting LLC	(via phone)	
Ed Vogler	Vogler Ashton	(via phone)	
Bill Conerly	District Engineer- Kimley-Horn	(via phone)	
John Blakley John McKay	Audience Member Audience Member		
Tom Paneseny	Neal Communities	(via phone)	
FIRST ORDER OF BUSINESS		Organizational Matters Call to Order and Roll Call

The Board of Supervisors’ Meeting for the Blackburn Creek CDD was called to order at 11:31
a.m. by Ms. Carvalho and she proceeded with roll call and confirmed quorum to proceed with the meeting. Those in attendance are outlined above either in person or via speaker phone.

Public Comment Period

There were no public comments.

SECOND ORDER OF BUSINESS	General Business Matters

Discussion Pertaining to Damages Caused by Hurricane Ian / Scheduling Inspection

The Board suggested looking into the transformers in the District placed by Florida Power & Light and why they were put in the positions they were as it caused power outages during Hurricane Ian. Stormwater piping, structure, and curbs were also mentioned in the discussion. A Board Member requested that the ponds and stormwater be assessed by the HOA since they are responsible for the maintenance of the ponds. It was suggested that cost be looked at if an assessment was needed for the stormwater structure since the District is responsible for the structure. There was a suggestion made to authorize the District Chair to approve and execute proposals for the assessment.

Mr. Paneseny joined the meeting in progress via speakerphone.

ON MOTION by Mr. Williams seconded by Mr. Dell, with all in favor, the Board authorized the District Chair to approve and execute proposals given for the assessment of the Stormwater Structure due to the recent Hurricane Ian.

Consideration  of	the	Minutes  of	the	
September	14,	2022, Supervisors’ Meeting	Board	of	
The Board reviewed Minutes of the September 14, 2022, Board of Supervisors’ Meeting.		

ON MOTION by Mr. Williams seconded by Mr. Fegley, with all in favor, the Board approved the Minutes of the September 14, 2022, Board of Supervisors’ Meeting.

District Engineer Presentation of Capital Projects Turnover and Completion Status

Mr. Conerly provided an update through all permitting agencies. The capital funds are currently being reconciled and should be completed by the end of next week. After this, the project can be deemed complete. Everything should be given to the District Manager in 2 weeks, and all should be complete by the end of October. There was no further action required by the Board at this time.

Discussion of the River Road Project and Noise Impact to the Community

The project falls under State Route 777 as the State has taken over the funding, design, and construction of the project from the County. There was a noise abatement procedure in 2019 that allows them to make changes to on a final design based on a federal regulation. The final design for this project has not yet been completed. Mr. Vogler wanted to know what the District’s responsibility is concerning the project. A suggestion was made that the District Engineer review the impact on River Road and the drainage issue.

ON MOTION by Mr. Williams seconded by Mr. Trast, with all in favor, the Board authorized the Engineer to create a report on the impact on River Road.

There was a suggestion that the Chair collaborate with the HOA and the State and see if they are willing to add a barrier.

ON MOTION by Mr. Williams seconded by Mr. Johnson, with all in favor, the Board authorized the Chair to collaborate with the HOA and the State in order to provide the District with a sound barrier.

Ratification of Payment Authorizations 183-184

Ms. Carvalho requested a motion to ratify payment authorizations 183-184.

ON MOTION by Mr. Williams seconded by Mr. Trast, with all in favor, the Board ratified Payment Authorizations 183-184.

THIRD ORDER OF BUSINESS	Staff Reports

District Counsel –	A few comments were made about the damage Hurricane Ian had caused.	
District Engineer –	Mr. Conerly confirmed to the Board that the water flow of the stormwater systems outfall is to the Myakka River. In addition, he mentioned that the length of the area for the barrier wall would be a total of 5,300 linear feet.	
District Manager –	Ms. Carvalho noted the next meeting is scheduled for November 9, 2022, at 11:30 a.m. at this location.	

FOURTH ORDER OF BUSINESS	Audience	Comments	and	Supervisor
Requests

There were no further comments.

FIFTH ORDER OF BUSINESS	Adjournment

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

ON MOTION by Mr. Fegley, seconded by Mr. Trast, with all in favor, the October 12, 2022, Meeting of the Board of Supervisors of the Blackburn Creek Community Development District was adjourned at 12:13 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Stormwater Structures Piping Inspection

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Transfer of Infrastructure to the HOA

Jorge Orsini	
From:	Vivian Carvalho	
Sent: To:
Cc: Subject:	Friday, November 4, 2022 1:57 PM Kimberly Ashton
Ed Vogler II; Venessa Ripoll; Jorge Orsini RE: Blackburn Creek CDD	

Thank you Kim for the email response.

We will provide the info under this discussion so the Board is fully aware of the options and what cannot be done. Thanks for also logging into the meeting.
Thanks,

Vivian Carvalho District Manager

PFM Group Consulting, LLC
Carvalhov@pfm.com | Phone 407-723-5900 | Fax 407-723-5901 | Web pfm.com 3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817

From: Kimberly Ashton <kimashton@voglerashton.com>
Sent: Friday, November 4, 2022 9:28 AM
To: Vivian Carvalho <carvalhov@pfm.com>
Cc: Ed Vogler II <edvogler@voglerashton.com>; Venessa Ripoll <ripollv@pfm.com>; Jorge Orsini <orsinij@pfm.com>
Subject: Re: Blackburn Creek CDD

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	

Hi Vivian, I reviewed the email chain you sent. Ed, and me as well possibly, will be on the CDD meeting phone call on Wednesday in case this needs further discussion.

I’m sure the CDD supervisor in the email communication you sent has the best interests of the CDD and Grand Palm Community at heart and is looking to make things more efficient. However, his suggestion to transfer the CDD’s public infrastructure to any other party to maintain, let alone to a private HOA, violates Florida law, violates the CDD’s various bond indentures and other bond‐related documents, and is not proper.

A CDD is not just the keeper of bond funds; it was established to operate and maintain the infrastructure that supports the bonds and assessments. A CDD cannot simply transfer that infrastructure or the CDD’s legal obligation to maintain same away to the HOA.

As District Counsel, we feel this item needs to please be removed from the Agenda. We cannot support it from a legal standpoint at all.

Sincerely, Kim

Kimberly Ashton Vogler Ashton, PLLC
705 10th Avenue W., Unit 103
Palmetto, FL 34221 941‐304‐3400 x102
941.866.7648 Facsimile www.voglerashton.com

Confidentiality Notice ‐ This message is being sent by or on behalf of an attorney. It is intended exclusively for the individual or entity to which it is addressed. This communication may contain information that is proprietary, privileged or confidential or otherwise legally exempt from disclosure. If you are not the named addressee, you are not authorized to read, print, retain, copy or disseminate this message or any part of it. If you have received this message in error, please notify the sender immediately by e‐mail and delete all copies of this message.

On Nov 3, 2022, at 2:19 PM, Vivian Carvalho <carvalhov@pfm.com> wrote:

Thanks Kim for the email.

This was stemmed from the discussion held at the last BOS meeting.

Please refer to the attached emails between Kevin Johnson – District Chair and I pertaining to the stormwater structures. In addition, attached is an email between DE and I pertaining to inspections proposals for the stormwater structures / piping.

Once you review if you want to have a quick call to discuss please let me know. Thanks,

Vivian Carvalho District Manager

PFM Group Consulting, LLC
Carvalhov@pfm.com | Phone 407-723-5900 | Fax 407-723-5901 | Web pfm.com 3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817

From: Kimberly Ashton <kimashton@voglerashton.com>
Sent: Thursday, November 3, 2022 11:22 AM
To: Venessa Ripoll <ripollv@pfm.com>; Vivian Carvalho <carvalhov@pfm.com>
Cc: Ed Vogler II <edvogler@voglerashton.com>
Subject: Re: Blackburn Creek CDD

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	

Venessa and Vivian,

Hi — there is an item I see on the Blackburn Creek CDD Agenda for November 9 regarding “transfer of infrastructure to the HOA.” Can you please tell me what this is. The CDD has very little infrastructure that it operates and maintains; and our firm would not legally support transferring any CDD infrastructure to the HOA, so we’d like to have some more information about this now please to prepare for any issues that arise at this meeting.

Thank you,

Kimberly Ashton Vogler Ashton, PLLC
705 10th Avenue W., Unit 103
Palmetto, FL 34221 941‐304‐3400 x102
941.866.7648 Facsimile www.voglerashton.com

Confidentiality Notice ‐ This message is being sent by or on behalf of an attorney. It is intended exclusively for the individual or entity to which it is addressed. This communication may contain information that is proprietary, privileged or confidential or otherwise legally exempt from disclosure. If you are not the named addressee, you are not authorized to read, print, retain, copy or disseminate this message or any part of it. If you have received this message in error, please notify the sender immediately by e‐mail and delete all copies of this message.

On Nov 2, 2022, at 4:49 PM, Venessa Ripoll <ripollv@pfm.com> wrote:

Good Afternoon,
This is a reminder that the Blackburn Creek CDD Board of Supervisors’ Meeting is scheduled to be held onWednesday, November 9, 2022 at 11:30 AM at 5800 Lakewood Ranch Blvd., Sarasota, FL 34240.
Attached is a copy of the Agenda. Please notify District Management accordingly, if you would like any backup documents.
At least 3 Board Members will need to attend in person in order to constitute a quorum. If you have not responded of confirmation to the meeting please notify the District Manager’s office accordingly. 
*If you are a Board Member, please do not “reply all” per the Florida Sunshine Laws.*
For those unable to attend in person, the conference call information will be:
Dial-In: 1-844-621-3956
Passcode: 790 562 990 #
Respectfully,

Venessa Ripoll
District Manager, LCAM Ripollv@pfm.com Web pfm.com
3501 Quadrangle Blvd.,Ste 270, Orlando, FL 32817

Phone: 407-723-5900 Fax: 407-723-5901

<BC Agenda, 11.9.22 PFM.pdf>

<Mail Attachment.eml><Mail Attachment.eml>

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Capital Projects Turnover and Completion Status

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization 185

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization 185

PA #	Description	Amount	Total	
				
185	Egis	$	6,918.00		
				
	Florida Department of Economic Opportunity	$	175.00		
				
	PFM Group Consulting	$	3.55		
		$	7.26		
		$	3,750.00		
		$	2,750.00		
		$	15,000.00		
				
	Supervisor Fees			
	David Trast	$	200.00		
	Pete Williams	$	200.00		
	Kirk Fegley	$	200.00		
	Kevin Johnson	$	200.00		
	Jerald Dell	$	200.00		

				

			$29,603.81	

				
		Total	$29,603.81	

Secretary / Assistant Secretary

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization No. 185	
10/14/2022							
Item	Payee	Invoice		GF		GF	
No.		No.		FY22		FY23	

1	
Egis						
	Insurance Policy FY 2023	16713			$	6,918.00	
2	Florida Department of Economic Opportunity						
	Special District Fee	87124			$	175.00	
3	PFM Group Consulting						
	Postage Fees - May 2022	OE-EXP-06-0004	$	3.55			
	Postage Fees - Sep 2022	OE-EXP-10-2022-04	$	7.26			
	Q4 Dissemination Jul-Sep Series 2013A, 2018A, 20	121697	$	3,750.00			
	District Mgmt Fees - Oct 2022	DM-10-2022-04			$	2,750.00	
	FY23 Tax Roll	121944			$ 15,000.00	
4	Supervisor Fees - 10/12/2022 Meeting						
	David Trast	2022.10.12			$	200.00	
	Pete Williams	2022.10.12			$	200.00	
	Kirk Fegley	2022.10.12			$	200.00	
	Kevin Johnson	2022.10.12			$	200.00	
	Jerald Dell	2022.10.12			$	200.00	
							
		SUBTOTAL	$	3,760.81	$ 25,843.00	

TOTAL	 $ 29,603.81 

Chairman / Vice Chairman

Blackburn Creek CDD
c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
MontejanoR@pfm.com // (407) 723-5951

BLACKBURN CREEK COMMUNITY DEVELOPMENT DISTRICT

District Financial Statements

Blackburn Creek CDD Statement of Financial Position As of 9/30/2022

Debt Service Fund - 2015A1&A2	Debt Service Fund - 2018	Capital Proiects Fund -
2013	Capital Proiects Fund -
2015	Capital Proiects Fund -
2018	Long Term Debt Group	
Total	

Assets							
						
$17,718.07	
						88,465.39	
						5,220.80	
						35,916.36	
						171,575.00	
						91,809.05	
						246,881.32	
						141,868.12	
						0.12	
						0.03	
						0.02	
						15,475.99	
						0.09	
						0.02	
						0.01	
						12,237.38	
						5,389.55	
$228,000.00						228,000.00	
82,343.75						82,343.75	
238,576.43						238,576.43	
0.03						0.03	
0.01						0.01	
2,117.02						2,117.02	
13,416.68						13,416.68	
0.02						0.02	
0.01						0.01	
	$457,521.81					457,521.81	
	0.11					0.11	
	0.06					0.06	
	61,392.85					61,392.85	
	242,729.72					242,729.72	
	0.01					0.01	
	9,931.31					9,931.31	
		$357,347.60				357,347.60	
			$138,536.15			138,536.15	
				$143,302.98		143,302.98	
$564,453.95	$771,575.87	$357,347.60	$138,536.15	$143,302.98	$0.00	$2,807,773.87	

Debt Service
General Fund	Fund 2013 & 2019*

Current Assets				
General Checking Account	$17,718.07			
Money Market Account	88,465.39			
Prepaid Expenses	5,220.80			
3 MO CD	35,916.36			
Debt Service Reserve 2013A Bond			$171,575.00	
Debt Service Reserve 2019A Bond			91,809.05	
Revenue 2013A Bond			246,881.32	
Revenue 2019A Bond			141,868.12	
Interest 2013A Bond			0.12	
Interest 2019A1 Bond			0.03	
Interest 2019A2 Bond			0.02	
Prepayment 2013A Bond			15,475.99	
Sinking Fund 2013A Bond			0.09	
Sinking Fund 2019A1 Bond			0.02	
Sinking Fund 2019A2 Bond			0.01	
Prepayment 2019A1 Bond			12,237.38	
Prepayment 2019A2 Bond			5,389.55	
Debt Service Reserve 2015A1 Bond				
Debt Service Reserve 2015A2 Bond				
Revenue 2015A Bond				
Interest 2015A1 Bond				
Interest 2015A2 Bond				
Prepayment 2015A1 Bond				
Prepayment 2015A2 Bond				
Sinking Fund 2015A1 Bond				
Sinking Fund 2015A2 Bond				
Revenue 2018A Bond				
Interest 2018A1 Bond				
Sinking Fund 2018A1 Fund				
Prepayment 2018A1 Bond				
Debt Service Reserve 2018A1 Bond				
Sinking Fund 2018A2 Bond				
Prepayment 2018A2 Bond				
Acquisition/Construction 2019 Bond				
Acquisition/Construction 2015 Bond				
Acquisition/Construction 2018 Bond				
Total Current Assets	$147,320.62		$685,236.70	

Blackburn Creek CDD Statement of Financial Position As of 9/30/2022

General Fund	Debt Service
Fund 2013 &	Debt Service
Fund -	
	2019*	2015A1&A2	

Capital
Proiects Fund -	Capital
Proiects Fund -	Capital
Proiects Fund -	
2013	2015	2018	

Debt Service	Long Term
Fund - 2018	Debt Group

Total

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		
$2,021,266.52 20,802,733.48
$22,824,000.00		
$2,021,266.52 20,802,733.48
$22,824,000.00	
Total Assets

Current Liabilities
Accounts Payable
Total Current Liabilities

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

Total Liabilities	$147,320.62

$3,757.26

$3,757.26

$0.00

$3,757.26		$685,236.70

$0.00

$0.00

$0.00	
$564,453.95	$771,575.87

Liabilities and Net Assets

 	
$0.00	$0.00

 	
$0.00	$0.00

 	
$0.00	$0.00		$357,347.60

$0.00

$0.00

$0.00		$138,536.15

$0.00

$0.00

$0.00		$143,302.98

$0.00

$0.00

$0.00		$22,824,000.00

$0.00

$22,824,000.00
$22,824,000.00

$22,824,000.00		$25,631,773.87

$3,757.26
$3,757.26

$22,824,000.00
$22,824,000.00

$22,827,757.26	

Net Assets
Net Assets, Unrestricted
Current Year 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

Total Liabilities and Net Assets	

($3,421.82)
723.58

147,400.25
(1,138.65)

$143,563.36

$147,320.62		

$717,632.75 (32,396.05)

$685,236.70

$685,236.70		

$549,004.07 15,449.88

$564,453.95

$564,453.95	

$860,738.07 (89,162.20)

$771,575.87

$771,575.87		

$397,423.62 (40,076.02)

$357,347.60

$357,347.60		

$140,748.16 (2,212.01)

$138,536.15

$138,536.15		

$149,356.37 (6,053.39)
$143,302.98

$143,302.98		

$0.00

$22,824,000.00		

($3,421.82)
723.58

147,400.25
(1,138.65)

717,632.75
(32,396.05)

549,004.07
15,449.88

860,738.07
(89,162.20)

397,423.62
(40,076.02)

140,748.16
(2,212.01)

149,356.37
(6,053.39)
$2,804,016.61

$25,631,773.87	
*For the purpose of fitting the financials onto one sheet across, Series 2013 & 2019 have been combined into one column.

Revenues

On-Roll Assessments Off-Roll Assessments Other Revenue
On-Roll Assessments Off-Roll Assessments Other Assessments
Inter-Fund Group Transfers In On-Roll Assessments
Off-Roll Assessments Other Assessments
Inter-Fund Group Transfers In On-Roll Assessments
Off-Roll Assessments Other Assessments
Total Revenues

Expenses

Supervisor Fees
Public Officials' Insurance Trustee Services Management Dissemination Agent District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Postage & Shipping Legal Advertising Miscellaneous
Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Stormwater Management General Insurance

Blackburn Creek CDD Statement of Activities As of 9/30/2022

General Fund	Debt Service Fund 2013 & 2019*	Debt Service Fund - 2015A1&A2	Debt Service Fund - 2018	Capital Proiects Fund - 2013	Capital Projects Fund - 2015	Capital Projects Fund - 2018	
Total	

$114,230.05							

$114,230.05	
32,188.52							32,188.52	
723.58							723.58	
	$453,198.51						453,198.51	
	214,162.18						214,162.18	
	30,642.87						30,642.87	
	1,710.66						1,710.66	
		$311,801.27					311,801.27	
		24,972.84					24,972.84	
		10,159.13					10,159.13	
		(1,710.66)					(1,710.66)	
			$476,153.78				476,153.78	
			294,305.20				294,305.20	
			169,618.27				169,618.27	

$147,142.15	

$699,714.22	

$345,222.58	

$940,077.25	

$0.00	

$0.00	

$0.00	$2,132,156.20	

$11,800.00							
$11,800.00	
2,633.00							2,633.00	
15,731.88							15,731.88	
33,000.00							33,000.00	
15,000.00							15,000.00	
6,383.00							6,383.00	
15,000.00							15,000.00	
500.00							500.00	
8,000.00							8,000.00	
1,000.00							1,000.00	
104.01							104.01	
4,312.00							4,312.00	
125.00							125.00	
20.33							20.33	
2,470.00							2,470.00	
175.00							175.00	
27,500.00							27,500.00	
3,803.00							3,803.00	

Blackburn Creek CDD Statement of Activities As of 9/30/2022

General Fund	Debt Service
Fund 2013 &	Debt Service
Fund -	
	2019*	2015A1&A2	

Capital
Proiects Fund -	Capital
Projects Fund -	Capital
Projects Fund -	
Total	
2013	2015	2018		

Debt Service Fund - 2018

Principal Payment - 2013A1, 2019A1			$210,000.00												210,000.00	
Principal Payment - 2019A2			20,000.00												20,000.00	
Interest Payments - 2013A1, 2019A1			424,785.00												424,785.00	
Interest Payments - 2019A2			78,680.00												78,680.00	
Principal Payments - 2015A1 bond					$70,000.00										70,000.00	
Principal Payments - 2015A2 bond					20,000.00										20,000.00	
Interest Payments - 2015A1 bond					177,612.50										177,612.50	
Interest Payments - 2015A2 bond					62,187.50										62,187.50	
Principal Payment - 2018A1 Bond							$314,000.00								314,000.00	
Principal Payment - 2018A2 Bond							86,000.00								86,000.00	
Interest Payment - 2018A1 Bond							529,243.00								529,243.00	
Interest Payment - 2018A2 Bond							100,034.50								100,034.50	
Engineering									$40,093.68						40,093.68	
Engineering											$2,218.60				2,218.60	
Engineering													$6,060.07		6,060.07	
Total Expenses	
$147,557.22		
$733,465.00		
$329,800.00		
$1,029,277.50		
$40,093.68		
$2,218.60		$6,060.07		$2,288,472.07	
Other Revenues (Expenses) & Gains (Losses)																
Interest Income			$1,352.61												$1,352.61	
Dividend Income			2.12												2.12	
Interest Income					$27.30										27.30	
Interest Income							$38.05								38.05	
Interest Income									$17.66						17.66	
Interest Income											$5.59				5.59	
Interest Income													$6.68		6.68	
Total Other Revenues (Expenses) & Gains (Losses)	
$0.00		
$1,354.73		
$27.30		
$38.05		
$17.66		
$5.59		$6.68		$1,450.01	
Change In Net Assets	($415.07)		($32,396.05)		$15,449.88		($89,162.20)		($40,076.02)		($2,213.01)		($6,053.39)		($154,865.86)	

Net Assets At Beginning Of Year	
$143,978.43		
$717,632.75		
$549,004.07		
$860,738.07		
$397,423.62		
$140,748.16		
$149,356.37		
$2,958,881.47	

Net Assets At End Of Year	$143,563.36	$685,236.70	$564,453.95
 		
*For the purpose of fitting the financials onto one sheet across, Series 2013 & 2019 have been combined into one column.		
$771,575.87		
$357,347.60		
$138,535.15		
$143,302.98		
$2,804,015.61	

Blackburn Creek CDD
Budget to Actual
For the Month Ending 9/30/2022

Actual

Year To Date Budget

FY 2022
Variance	Adopted Budget

Revenues

On-Roll Assessments	$114,230.05		$144,755.00		$(30,524.95)		$144,755.00	
Off-Roll Assessments	32,188.52		-		32,188.52		0.00	
Other Revenue	723.58		-		723.58		0.00	
Carry Forward Revenue	143,658.17		111,065.97		32,592.20		111,065.97	
Net Revenues	$290,800.32		$255,820.97		$34,979.35		$255,820.97	

General & Administrative Expenses

Supervisor Fees	$11,800.00	$12,000.00	$(200.00)	$12,000.00	
Public Officials' Insurance	2,633.00	2,600.00	33.00	2,600.00	
Trustee Services	15,731.88	16,000.00	(268.12)	16,000.00	
Management	33,000.00	33,000.00	-	33,000.00	
Engineering	-	10,000.00	(10,000.00)	10,000.00	
Dissemination Agent	15,000.00	15,000.00	-	15,000.00	
District Counsel	6,383.00	20,000.00	(13,617.00)	20,000.00	
Assessment Administration	15,000.00	15,000.00	-	15,000.00	
Reamortization Schedules	500.00	1,000.00	(500.00)	1,000.00	
Audit	8,000.00	4,500.00	3,500.00	4,500.00	
Arbitrage Calculation	1,000.00	1,000.00	-	1,000.00	
Postage & Shipping	104.01	450.00	(345.99)	450.00	
Legal Advertising	4,312.00	3,500.00	812.00	3,500.00	
Bank Fees	-	250.00	(250.00)	250.00	
Miscellaneous	125.00	200.00	(75.00)	200.00	
Office Supplies	20.33	250.00	(229.67)	250.00	
Web Site Maintenance	2,470.00	2,700.00	(230.00)	2,700.00	
Dues, Licenses, and Fees	175.00	175.00	-	175.00	
Stormwater Management	27,500.00	80,296.18	(52,796.18)	80,296.18	
General Insurance	3,803.00	3,755.00	48.00	3,755.00	
General Repair & Maintenance	-	1,875.00	(1,875.00)	1,875.00	
Hardscape Maintenance	-	32,269.79	(32,269.79)	32,269.79	

Total General & Administrative Expenses Total Expenses

$147,557.22	$255,820.97		$(108,263.75)	$255,820.97	
	$147,557.22		$255,820.97			$(108,263.75)	  $255,820.97	
$143,243.10		$	-		$143,243.10		$	-	

Net Income (Loss)

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