Hammock Reserve Community Development District
Meeting Agenda May 2, 2023

-. ·- -

Hammock Reserve
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

April 25, 2023

Board of Supervisors Hammock Reserve
Community Development District

Dear Board Members:

A Board of Supervisors Meeting of the Hammock Reserve Community Development District will be held Tuesday, May 2, 2023, at 9:30 AM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.

Zoom Video Link: https://us06web.zoom.us/j/85337681854
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 853 3768 1854

Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the April 4, 2023 Board of Supervisors Meeting
Consideration of Resolution 2023-05 Approving the Proposed Fiscal Year 2023/2024 Budget (Suggested Date: August 1, 2023), Declaring Special Assessments, and Setting the Public Hearings on the Fiscal Year 2023/2024 Budget and Imposition of Operations and Maintenance Assessments
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Presentation of Number of Registered Voters—214
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

MINUTES

MINUTES OF MEETING HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hammock Reserve Community Development District was held Tuesday, April 4, 2023 at 9:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Lauren Schwenk by Zoom	Vice Chairperson
Emily Cassidy	Assistant Secretary
Eric Lavoie	Assistant Secretary
Jessica Petrucci	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Marshall Tindall	Field Manager, GMS
Lauren Gentry	District Counsel, KVW Law
Molly Banfield by Zoom	District Engineer, Dewberry

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. There were three Board members present in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present at the meeting, so the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the January 3,
2023 Board of Supervisors Meeting
Ms. Burns presented the minutes from the January 3, 20223 Board of Supervisor meeting and asked if there were any questions, comments, or corrections to them. The Board had no changes to the minutes.

On MOTION by Mr. Lavoie, seconded by Ms. Petrucci, with all in favor, the Minutes of the January 3, 2023 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Ratification	of	Towing	Services
Agreement with S&S Towing & Recovery, LLC
Ms. Burns noted that S&S Towing & Recovering is the vendor that will be providing towing services for the community and will patrol the community at random to enforce the towing policy. She reported that the fees are set by the vendor and the District receives no funds from this towing agreement. This agreement has already been executed and Ms. Burns asked for the Board to ratify the agreement.

On MOTION by Mr. Lavoie, seconded by Ms. Petrucci, with all in favor, the Towing Services Agreement with S&S Towing & Recovery, LLC, was ratified.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2023-04
Authorization of Bank Account Signatories
Ms. Burns stated that Resolution 2023-04 was included in the package for Board review and noted that this resolution authorizes officers to be bank account signatories. She noted that the bank will not just take the resolution for a change in person, this will provide the information that they need for anyone that is appointed to the office of treasurer, assistant treasurer, or secretary to be named as a signer for the account and it will provide the resolution for who that person is if it changes over time.

On MOTION by Mr. Lavoie, seconded by Ms. Petrucci, with all in favor, Resolution 2023-04 Authorization of Bank Account Signatories, was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Gentry had nothing further to report.

Engineer
Ms. Banfield had nothing further to report.

Field Manager’s Report
Mr. Tindall presented the field manager’s report to the Board that can be found in the agenda package. Completed items include:
Amenity review –
Vendors’ maintenance of the facility has been satisfactory.
A shield was added to the pool entry gate’s panic par.
Playground shade installed behind the pool.
Pool shade was adjusted.
Landscape review –
Grass mowing has been consistent, and planters have been kept neat and clean.
New trees near intersection of Pardo Grande Ave and Old Polk City Rd have done well.
General Maintenance –
Trail sidewalk repaired.
Pool area retaining wall was cleaned.
Pothole repair on Yarian Dr.
Parking signs were installed as approved.
Clogged backflow at pool equipment was cleaned under warranty.
Mr. Tindall reported on in progress items in Phase 3 and 4. They are monitoring new phases for maintenance needs and working with the contractor to prepare contract proposals. He offered to answerer any questions the Board may have.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register totaling $139,913.49 from December 1 – February 28, 2023.

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

Balance Sheet & Income Statement
Ms. Burns stated that the financials were included in the packet for review and were through February 28th. There was no action necessary. The Board had no questions on the financials.

Ratification of Summary of Series 2022 (AA3 – Phase 4) Requisitions #71-#77
Ms. Burns presented the summary of the Series 2022 Assessment Area 3, Phase 4 requisitions #71-#77. They have already been approved by the District engineer and the Chair and Ms. Burns was seeking ratification from the Board.

On MOTION by Mr. Lavoie, seconded by Ms. Petrucci, with all in favor, Series 2022 (AA3 – Phase 4) Requisitions #71 to #77, were ratified.

SEVENTH ORDER OF BUSINESS	Other Business
Ms. Burns stated that they will be presenting a preliminary budget for the Board at the May meeting and will send it out with the agenda a week before the meeting for Board review.

EIGHTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn.

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2023/2024; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Hammock Reserve Community Development District (“District”) prior to June 15, 2023, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2023 and ending September 30, 2024 (“Fiscal Year 2023/2024”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and

WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2023/2024 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget and in the reports (if any) of the District Engineer, all of which are on file and available for public inspection at the “District’s Office,” located at Governmental Management Services-CF, LLC – 219 East Livingston Street, Orlando, Florida 32801. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one more installments pursuant to a bill issued by the District in November of 2023, and pursuant to Chapter 170, Florida

Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:

DATE:	Tuesday, August 1, 2023

HOUR:	9:30 a.m.

LOCATION:	Holiday Inn—Winter Haven
200 Cypress Gardens Blvd. Winter Haven, FL 33880

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

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 3, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

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

PASSED AND ADOPTED THIS 2ND DAY OF MAY 2023.

ATTEST:	HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary	Its:	

Hammock Reserve
Community Development District

Proposed Budget
FY2024

6M3

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2021 Debt Service Fund	

12-13	

Series 2021 Amortization Schedule	

14	

Series 2021 Debt Service Fund	

15-16	

Series 2021 Amortization Schedule	

17	

Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments - Tax Roll	
$	387,067	
$	368,200	
$	18,867	
$	387,067	
$	910,542	
Assessments - Direct Bill	$	147,336	$	62,885	$	78,511	$	141,396	$	-	
Assessments - Lot Closings	$	-	$	5,940	$	-	$	5,940	$	-	
Other Income	$	-	$	14,400	$	-	$	14,400	$	-	
Boundary Amendment Contributions	$	-	$	10,785	$	-	$	10,785	$	-	
Total Revenues	$	534,403	$	462,210	$	97,378	$	559,588	$	910,542	

Expenditures						

Administrative
Supervisor Fees	

$	12,000	

$	1,600	

$	6,000	

$	7,600	

$	12,000	
Engineering	$	15,000	$	340	$	7,500	$	7,840	$	15,000	
Attorney	$	30,000	$	4,890	$	15,000	$	19,890	$	30,000	
Annual Audit	$	6,000	$	-	$	7,000	$	7,000	$	7,100	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,300	
Arbitrage	$	1,800	$	450	$	900	$	1,350	$	1,350	
Dissemination	$	8,000	$	3,500	$	3,500	$	7,000	$	7,000	
Trustee Fees	$	14,200	$	7,408	$	4,715	$	12,123	$	12,123	
Management Fees	$	37,853	$	18,927	$	18,927	$	37,853	$	40,124	
Information Technology	$	1,800	$	900	$	900	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	600	$	600	$	1,200	$	1,200	
Postage & Delivery	$	1,000	$	339	$	500	$	839	$	1,000	
Insurance	$	6,210	$	5,563	$	-	$	5,563	$	6,397	
Copies	$	500	$	33	$	250	$	283	$	500	
Legal Advertising	$	7,500	$	2,039	$	5,461	$	7,500	$	7,500	
Other Current Charges	$	1,550	$	283	$	775	$	1,058	$	1,550	
Office Supplies	$	625	$	15	$	313	$	327	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	150,413	$	52,060	$	72,341	$	124,401	$	150,744	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Operations & Maintenance						
Field Expenditures						
Property Insurance	$	12,000	$	9,853	$	-	$	9,853	$	18,000	
Field Management	$	15,750	$	7,500	$	8,250	$	15,750	$	15,900	
Landscape Maintenance	$	114,000	$	35,968	$	39,408	$	75,376	$	190,000	
Landscape Replacement	$	15,000	$	1,560	$	7,500	$	9,060	$	20,000	
Pond Maintenance	$	-	$	-	$	-	$	-	$	10,000	
Streetlights	$	19,800	$	12,659	$	13,800	$	26,459	$	30,360	
Electric	$	7,920	$	2,659	$	3,300	$	5,959	$	8,000	
Water & Sewer	$	6,970	$	-	$	-	$	-	$	-	
Sidewalk & Asphalt Maintenance	$	2,500	$	945	$	1,418	$	2,363	$	2,500	
Irrigation Repairs	$	8,000	$	1,082	$	6,918	$	8,000	$	8,000	
General Repairs & Maintenance	$	15,000	$	14,517	$	7,500	$	22,017	$	15,000	
Contingency	$	7,500	$	-	$	7,500	$	7,500	$	7,500	
Subtotal Field Expenditures	$	224,440	$	86,744	$	95,593	$	182,337	$	325,260	

Amenity Expenditures						
Amenity - Electric	$	5,400	$	5,279	$	5,820	$	11,099	$	12,804	
Amenity - Water	$	3,500	$	2,071	$	3,480	$	5,551	$	10,000	
Playground Lease	$	70,830	$	51,996	$	51,996	$	103,993	$	103,993	
Internet	$	1,500	$	548	$	438	$	986	$	1,500	
Pest Control	$	720	$	160	$	240	$	400	$	528	
Janitorial Services	$	6,000	$	3,337	$	3,270	$	6,607	$	17,100	
Security Services	$	25,000	$	410	$	15,090	$	15,500	$	35,000	
Pool Maintenance	$	21,600	$	8,650	$	8,400	$	17,050	$	19,800	
Amenity Access Management	$	5,000	$	2,500	$	2,500	$	5,000	$	6,750	
Amenity Repairs & Maintenance	$	10,000	$	1,829	$	5,000	$	6,829	$	10,000	
Contingency	$	7,500	$	-	$	3,750	$	3,750	$	7,500	
Subtotal Amenity Expenditures	$	157,050	$	76,780	$	99,984	$	176,764	$	224,975	
						
Total Operations & Maintenance	$	381,490	$	163,524	$	195,578	$	359,101	$	550,235	

Other Expenditures						
Capital Reserves - Transfer	$	2,500	$	-	$	-	$	-	$	209,563	
Total Other Expenditures	$	2,500	$	-	$	-	$	-	$	209,563	

Total Expenditures

$

534,403	$

215,584	$

267,918	$

483,502	$

910,542

Excess Revenues/(Expenditures)

$

-

$

246,626	$

(170,540)  $

76,086	$

-

Product	Assessable Units	ERU/Unit		Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1028		1.00	$910,542.06	$885.74	$952.41	
	1028			$910,542.06			

Revenues:

Assessments

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

Expenditures:

General & Administrative:

Supervisor Fees

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

Engineering

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

Attorney

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

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. Grau & Associates provides this service.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District. Governmental Management Services – Central Florida, LLC provides these services.

Arbitrage

The District is contracted with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, 2021 and 2022 bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon on the Series 2020, 2021 and 2022 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2020, 2021 and 2022 bonds that are deposited with a Trustee at US Bank.

Management Fees

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

Information Technology

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

Website Maintenance

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

Postage & Delivery

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

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

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

Other Current Charges

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

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed. The District has contracted with Prince & Sons, Inc. to provide these services.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Pond Maintenance

Represents the estimated maintenance of the pond within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. The District has contracted with Prince & Sons, Inc. to provide these services.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

The District has entered into a leasing agreement with WHFS, LLC and HNB Property, LLC for playgrounds installed in the community.

Internet

Internet service is provided by Spectrum for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Services are provided by Massey Services.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities. Services are provided by CSS of Central Florida.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems installed. Current Demands Electrical, INC provides these services.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. Services are provided by Resort Pool Services.

Amenity Access Management

Represents the cost of management and monitoring access to the District’s amenity facilities, contracted with Governmental Management Services – Central Florida, LLC.

Amenity Repairs & Maintenance

The District will incur costs related to the repair and maintenance of the amenities not limited to: the chain link and steel fencing and gates, the dog park stations, soccer field area, playground, pool and cabana areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Proposed Budget
Series 2020 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Special Assessments	
$	308,327	
$	293,681	
$	14,646	
$	308,327	
$	308,327	
Interest	$	-	$	3,046	$	-	$	3,046	$	-	
Carry Forward Surplus	$	106,125	$	108,543	$	-	$	108,543	$	110,237	
Total Revenues	$	414,452	$	405,270	$	14,646	$	419,916	$	418,564	

Expenditures						

Interest Expense - 11/1	
$	101,078	
$	101,078	
$	-	
$	101,078	
$	99,700	
Principal Expense - 5/1	$	105,000	$	-	$	105,000	$	105,000	$	110,000	
Interest Expense - 5/1	$	101,078	$	-	$	101,078	$	101,078	$	99,700	
Total Expenditures	$	307,156	$	101,078	$	206,078	$	307,156	$	309,400	

Other Financing Sources/(Uses)
Transfer In/(Out)	

$	-	

$	(2,522)	

$	-	

$	(2,522)	

$	-	
Total Other Financing Sources/(Uses)	$	-	$	(2,522)	$	-	$	(2,522)	$	-	
						
Excess Revenues/(Expenditures)	$	107,296	$	301,669	$	(191,432)	$	110,237	$	109,164	

Interest Expense 11/1/24	 $	98,256 
Total	$	98,256

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
SF - Contracted - Other	144	$	194,400	$1,349	$1,450	
SF - Contracted - Meritage	87	$	113,927	$1,308	$1,407	
	231	$	308,327			

	Series	2020 Special Assessment Bonds Amortization Schedule		
Date		Balance	Prinicpal	Interest	Total	
					
11/01/23	$	5,175,000.00	$	-	$	99,700.00	$	305,778.13	
05/01/24	$	5,175,000.00	$	110,000.00	$	99,700.00	$	-	
11/01/24	$	5,065,000.00	$	-	$	98,256.25	$	307,956.25	
05/01/25	$	5,065,000.00	$	110,000.00	$	98,256.25	$	-	
11/01/25	$	4,955,000.00	$	-	$	96,812.50	$	305,068.75	
05/01/26	$	4,955,000.00	$	115,000.00	$	96,812.50	$	-	
11/01/26	$	4,840,000.00	$	-	$	94,943.75	$	306,756.25	
05/01/27	$	4,840,000.00	$	120,000.00	$	94,943.75	$	-	
11/01/27	$	4,720,000.00	$	-	$	92,993.75	$	307,937.50	
05/01/28	$	4,720,000.00	$	120,000.00	$	92,993.75	$	-	
11/01/28	$	4,600,000.00	$	-	$	91,043.75	$	304,037.50	
05/01/29	$	4,600,000.00	$	125,000.00	$	91,043.75	$	-	
11/01/29	$	4,475,000.00	$	-	$	89,012.50	$	305,056.25	
05/01/30	$	4,475,000.00	$	130,000.00	$	89,012.50	$	-	
11/01/30	$	4,345,000.00	$	-	$	86,900.00	$	305,912.50	
05/01/31	$	4,345,000.00	$	135,000.00	$	86,900.00	$	-	
11/01/31	$	4,210,000.00	$	-	$	84,200.00	$	306,100.00	
05/01/32	$	4,210,000.00	$	140,000.00	$	84,200.00	$	-	
11/01/32	$	4,070,000.00	$	-	$	81,400.00	$	305,600.00	
05/01/33	$	4,070,000.00	$	145,000.00	$	81,400.00	$	-	
11/01/33	$	3,925,000.00	$	-	$	78,500.00	$	304,900.00	
05/01/34	$	3,925,000.00	$	150,000.00	$	78,500.00	$	-	
11/01/34	$	3,775,000.00	$	-	$	75,500.00	$	304,000.00	
05/01/35	$	3,775,000.00	$	160,000.00	$	75,500.00	$	-	
11/01/35	$	3,615,000.00	$	-	$	72,300.00	$	307,800.00	
05/01/36	$	3,615,000.00	$	165,000.00	$	72,300.00	$	-	
11/01/36	$	3,450,000.00	$	-	$	69,000.00	$	306,300.00	
05/01/37	$	3,450,000.00	$	170,000.00	$	69,000.00	$	-	
11/01/37	$	3,280,000.00	$	-	$	65,600.00	$	304,600.00	
05/01/38	$	3,280,000.00	$	180,000.00	$	65,600.00	$	-	
11/01/38	$	3,100,000.00	$	-	$	62,000.00	$	307,600.00	
05/01/39	$	3,100,000.00	$	185,000.00	$	62,000.00	$	-	
11/01/39	$	2,915,000.00	$	-	$	58,300.00	$	305,300.00	
05/01/40	$	2,915,000.00	$	195,000.00	$	58,300.00	$	-	
11/01/40	$	2,720,000.00	$	-	$	54,400.00	$	307,700.00	
05/01/41	$	2,720,000.00	$	200,000.00	$	54,400.00	$	-	
11/01/41	$	2,520,000.00	$	-	$	50,400.00	$	304,800.00	
05/01/42	$	2,520,000.00	$	210,000.00	$	50,400.00	$	-	
11/01/42	$	2,310,000.00	$	-	$	46,200.00	$	306,600.00	
05/01/43	$	2,310,000.00	$	220,000.00	$	46,200.00	$	-	
11/01/43	$	2,090,000.00	$	-	$	41,800.00	$	308,000.00	

Series 2020 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/44	$	2,090,000.00	$	225,000.00	$	41,800.00	$	-	
11/01/44	$	1,865,000.00	$	-	$	37,300.00	$	304,100.00	
05/01/45	$	1,865,000.00	$	235,000.00	$	37,300.00	$	-	
11/01/45	$	1,630,000.00	$	-	$	32,600.00	$	304,900.00	
05/01/46	$	1,630,000.00	$	245,000.00	$	32,600.00	$	-	
11/01/46	$	1,385,000.00	$	-	$	27,700.00	$	305,300.00	
05/01/47	$	1,385,000.00	$	255,000.00	$	27,700.00	$	-	
11/01/47	$	1,130,000.00	$	-	$	22,600.00	$	305,300.00	
05/01/48	$	1,130,000.00	$	265,000.00	$	22,600.00	$	-	
11/01/48	$	865,000.00	$	-	$	17,300.00	$	304,900.00	
05/01/49	$	865,000.00	$	275,000.00	$	17,300.00	$	-	
11/01/49	$	590,000.00	$	-	$	11,800.00	$	304,100.00	
05/01/50	$	590,000.00	$	290,000.00	$	11,800.00	$	-	
11/1/50	$	300,000.00	$	-	$	6,000.00	$	307,800.00	
5/1/51	$	300,000.00	$	300,000.00	$	6,000.00	$	306,000.00	
			$	5,380,000.00	$	3,896,062.50	$	9,383,572.66	

Proposed Budget
Series 2021 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Special Assessments	
$	278,100	
$	263,933	
$	14,167	
$	278,100	
$	278,100	
Interest	$	-	$	2,707	$	-	$	2,707	$	-	
Carry Forward Surplus	$	94,393	$	94,551	$	-	$	94,551	$	93,511	
Total Revenues	$	372,493	$	361,191	$	14,167	$	375,358	$	371,611	

Expenditures						

Interest Expense - 11/1	
$	85,966	
$	85,966	
$	-	
$	85,966	
$	84,634	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Principal Expense - 5/1	$	105,000	$	-	$	105,000	$	105,000	$	105,000	
Interest Expense - 5/1	$	85,966	$	-	$	85,881	$	85,881	$	84,634	
Total Expenditures	$	276,931	$	90,966	$	190,881	$	281,847	$	274,269	
						
Excess Revenues/(Expenditures)	$	95,562	$	270,226	$	(176,715)	$	93,511	$	97,342	

Interest Expense 11/1/24	 $	83,388 
Total	$	83,388

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family	206	$	278,100	$1,350	$1,452	
	206	$	278,100			

	Series	2021 Special Assessment Amortization Schedule	Bonds		
Date		Balance	Prinicpal	Interest	Total	
						
11/01/23	$	4,760,000.00	$	-	$	84,634.38	$	275,515.63	
05/01/24	$	4,760,000.00	$	105,000.00	$	84,634.38	$	-	
11/01/24	$	4,655,000.00	$	-	$	83,387.50	$	273,021.88	
05/01/25	$	4,655,000.00	$	110,000.00	$	83,387.50	$	-	
11/01/25	$	4,435,000.00	$	-	$	82,081.25	$	275,468.75	
05/01/26	$	4,435,000.00	$	110,000.00	$	82,081.25	$	-	
11/01/26	$	4,435,000.00	$	-	$	80,775.00	$	272,856.25	
05/01/27	$	4,435,000.00	$	115,000.00	$	80,775.00	$	-	
11/01/27	$	4,320,000.00	$	-	$	79,050.00	$	274,825.00	
05/01/28	$	4,320,000.00	$	120,000.00	$	79,050.00	$	-	
11/01/28	$	4,200,000.00	$	-	$	77,250.00	$	276,300.00	
05/01/29	$	4,200,000.00	$	120,000.00	$	77,250.00	$	-	
11/01/29	$	4,080,000.00	$	-	$	75,450.00	$	272,700.00	
05/01/30	$	4,080,000.00	$	125,000.00	$	75,450.00	$	-	
11/01/30	$	3,955,000.00	$	-	$	73,575.00	$	274,025.00	
05/01/31	$	3,825,000.00	$	130,000.00	$	73,575.00	$	-	
11/01/31	$	3,825,000.00	$	-	$	71,625.00	$	275,200.00	
05/01/32	$	3,825,000.00	$	135,000.00	$	71,625.00	$	-	
11/01/32	$	3,690,000.00	$	-	$	69,346.88	$	275,971.88	
05/01/33	$	3,690,000.00	$	140,000.00	$	69,346.88	$	-	
11/01/33	$	3,550,000.00	$	-	$	66,984.38	$	276,331.25	
05/01/34	$	3,550,000.00	$	145,000.00	$	66,984.38	$	-	
11/01/34	$	3,405,000.00	$	-	$	64,537.50	$	276,521.88	
05/01/35	$	3,405,000.00	$	145,000.00	$	64,537.50	$	-	
11/01/35	$	3,260,000.00	$	-	$	62,090.63	$	271,628.13	
05/01/36	$	3,260,000.00	$	150,000.00	$	62,090.63	$	-	
11/01/36	$	3,110,000.00	$	-	$	59,559.38	$	271,650.00	
05/01/37	$	3,110,000.00	$	155,000.00	$	59,559.38	$	-	
11/01/37	$	2,955,000.00	$	-	$	56,943.75	$	271,503.13	
05/01/38	$	2,955,000.00	$	165,000.00	$	56,943.75	$	-	
11/01/38	$	2,790,000.00	$	-	$	54,159.38	$	276,103.13	
05/01/39	$	2,790,000.00	$	170,000.00	$	54,159.38	$	-	
11/01/39	$	2,620,000.00	$	-	$	51,290.63	$	275,450.00	
05/01/40	$	2,620,000.00	$	175,000.00	$	51,290.63	$	-	
11/01/40	$	2,265,000.00	$	-	$	48,337.50	$	274,628.13	
05/01/41	$	2,265,000.00	$	180,000.00	$	48,337.50	$	-	
11/01/41	$	2,265,000.00	$	-	$	45,300.00	$	273,637.50	
05/01/42	$	2,265,000.00	$	185,000.00	$	45,300.00	$	-	
11/01/42	$	2,080,000.00	$	-	$	41,600.00	$	271,900.00	
05/01/43	$	2,080,000.00	$	195,000.00	$	41,600.00	$	-	
11/01/43	$	1,885,000.00	$	-	$	37,700.00	$	274,300.00	
05/01/44	$	1,885,000.00	$	205,000.00	$	37,700.00	$	-	
11/01/44	$	1,680,000.00	$	-	$	33,600.00	$	276,300.00	
05/01/45	$	1,680,000.00	$	210,000.00	$	33,600.00	$	-	

		Series	2021 Special Assessment Amortization Schedule	Bonds		
Date		Balance	Prinicpal	Interest	Total	

11/01/45	
$	
1,470,000.00	
$	-	
$	29,400.00	
$	273,000.00	
05/01/46	$	1,470,000.00	$	220,000.00	$	29,400.00	$	-	
11/01/46	$	1,250,000.00	$	-	$	25,000.00	$	274,400.00	
05/01/47	$	1,250,000.00	$	230,000.00	$	25,000.00	$	-	
11/01/47	$	1,020,000.00	$	-	$	20,400.00	$	275,400.00	
05/01/48	$	1,020,000.00	$	240,000.00	$	20,400.00	$	-	
11/01/48	$	780,000.00	$	-	$	15,600.00	$	276,000.00	
05/01/49	$	780,000.00	$	250,000.00	$	15,600.00	$	-	
11/01/49	$	530,000.00	$	-	$	10,600.00	$	276,200.00	
05/01/50	$	530,000.00	$	260,000.00	$	10,600.00	$	-	
11/1/50	$	270,000.00	$	-	$	5,400.00	$	276,000.00	
5/1/51	$	270,000.00	$	270,000.00	$	5,400.00	$	275,400.00	
			$	4,865,000.00	$	3,097,237.50	$	7,962,237.50	

Proposed Budget
Series 2022 Debt Service Fund

Proposed Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Special Assessments	
$	904,500	
$	-	
$	706,050	
$	706,050	
$	904,500	
Assessments - Lot Closings	$	-	$	198,450	$	-	$	198,450	$	-	
Interest	$	-	$	16,457	$	-	$	16,457	$	-	
Carry Forward Surplus	$	357,084	$	360,991	$	-	$	360,991	$	362,848	
Total Revenues	$	1,261,584	$	575,898	$	706,050	$	1,281,948	$	1,267,348	

Expenditures						

Interest Expense - 11/1	
$	356,764	
$	356,764	
$	-	
$	356,764	
$	335,050	
Principal Expense - 5/1	$	225,000	$	-	$	225,000	$	225,000	$	235,000	
Interest Expense - 5/1	$	339,775	$	-	$	339,775	$	339,775	$	335,050	
Total Expenditures	$	921,539	$	356,764	$	564,775	$	921,539	$	905,100	

Other Financing Sources/(Uses)
Transfer In/(Out)	

$	-	

$	2,439	

$	-	

$	2,439	

$	-	
Total Other Financing Sources/(Uses)	$	-	$	2,439	$	-	$	2,439	$	-	
						
Excess Revenues/(Expenditures)	$	340,045	$	221,573	$	141,275	$	362,848	$	362,248	

Interest Expense 11/1/24	 $	330,115 
Total	$	330,115

Maximum Annual	Net Assessment Per	Gross Assessment
Product	Assessable Units	Debt Service	Unit	Per Unit	
Single Family - Phase 3	382	$	515,700	$1,350	$1,452	
Single Family - Phase 4	209	$	388,800	$1,860	$2,000	
		$	904,500			

	Series	2022 Special Assessment Bonds Amortization Schedule		
Date	Balance	Prinicpal	Interest	Total	
				
11/01/23	$	14,010,000.00	$	-	$	335,050.00	$	899,825.00	
05/01/24	$	14,010,000.00	$	235,000.00	$	335,050.00	$	-	
11/01/24	$	13,775,000.00	$	-	$	330,115.00	$	900,165.00	
05/01/25	$	13,775,000.00	$	245,000.00	$	330,115.00	$	-	
11/01/25	$	13,000,000.00	$	-	$	324,970.00	$	900,085.00	
05/01/26	$	13,000,000.00	$	260,000.00	$	324,970.00	$	-	
11/01/26	$	13,000,000.00	$	-	$	319,510.00	$	904,480.00	
05/01/27	$	13,000,000.00	$	270,000.00	$	319,510.00	$	-	
11/01/27	$	13,000,000.00	$	-	$	313,840.00	$	903,350.00	
05/01/28	$	13,000,000.00	$	280,000.00	$	313,840.00	$	-	
11/01/28	$	12,720,000.00	$	-	$	307,680.00	$	901,520.00	
05/01/29	$	12,720,000.00	$	295,000.00	$	307,680.00	$	-	
11/01/29	$	12,425,000.00	$	-	$	301,190.00	$	903,870.00	
05/01/30	$	12,425,000.00	$	305,000.00	$	301,190.00	$	-	
11/01/30	$	12,120,000.00	$	-	$	294,480.00	$	900,670.00	
05/01/31	$	11,465,000.00	$	320,000.00	$	294,480.00	$	-	
11/01/31	$	11,465,000.00	$	-	$	287,440.00	$	901,920.00	
05/01/32	$	11,465,000.00	$	335,000.00	$	287,440.00	$	-	
11/01/32	$	11,465,000.00	$	-	$	280,070.00	$	902,510.00	
05/01/33	$	11,465,000.00	$	350,000.00	$	280,070.00	$	-	
11/01/33	$	11,115,000.00	$	-	$	271,845.00	$	901,915.00	
05/01/34	$	11,115,000.00	$	365,000.00	$	271,845.00	$	-	
11/01/34	$	10,750,000.00	$	-	$	263,267.50	$	900,112.50	
05/01/35	$	10,750,000.00	$	385,000.00	$	263,267.50	$	-	
11/01/35	$	10,365,000.00	$	-	$	254,220.00	$	902,487.50	
05/01/36	$	10,365,000.00	$	405,000.00	$	254,220.00	$	-	
11/01/36	$	9,960,000.00	$	-	$	244,702.50	$	903,922.50	
05/01/37	$	9,960,000.00	$	425,000.00	$	244,702.50	$	-	
11/01/37	$	9,535,000.00	$	-	$	234,715.00	$	904,417.50	
05/01/38	$	9,535,000.00	$	445,000.00	$	234,715.00	$	-	
11/01/38	$	9,090,000.00	$	-	$	224,257.50	$	903,972.50	
05/01/39	$	9,090,000.00	$	465,000.00	$	224,257.50	$	-	
11/01/39	$	8,625,000.00	$	-	$	213,330.00	$	902,587.50	
05/01/40	$	8,625,000.00	$	485,000.00	$	213,330.00	$	-	
11/01/40	$	7,095,000.00	$	-	$	201,932.50	$	900,262.50	
05/01/41	$	7,095,000.00	$	510,000.00	$	201,932.50	$	-	
11/01/41	$	7,095,000.00	$	-	$	189,947.50	$	901,880.00	
05/01/42	$	7,095,000.00	$	535,000.00	$	189,947.50	$	-	
11/01/42	$	7,095,000.00	$	-	$	177,375.00	$	902,322.50	
05/01/43	$	7,095,000.00	$	560,000.00	$	177,375.00	$	-	
11/01/43	$	6,535,000.00	$	-	$	163,375.00	$	900,750.00	
05/01/44	$	6,535,000.00	$	590,000.00	$	163,375.00	$	-	
11/01/44	$	5,945,000.00	$	-	$	148,625.00	$	902,000.00	

Series 2022 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/45	$	5,945,000.00	$	620,000.00	$	148,625.00	$	-	
11/01/45	$	5,325,000.00	$	-	$	133,125.00	$	901,750.00	
05/01/46	$	5,325,000.00	$	650,000.00	$	133,125.00	$	-	
11/01/46	$	4,675,000.00	$	-	$	116,875.00	$	900,000.00	
05/01/47	$	4,675,000.00	$	685,000.00	$	116,875.00	$	-	
11/01/47	$	3,990,000.00	$	-	$	99,750.00	$	901,625.00	
05/01/48	$	3,990,000.00	$	720,000.00	$	99,750.00	$	-	
11/01/48	$	3,270,000.00	$	-	$	81,750.00	$	901,500.00	
05/01/49	$	3,270,000.00	$	760,000.00	$	81,750.00	$	-	
11/01/49	$	2,510,000.00	$	-	$	62,750.00	$	904,500.00	
05/01/50	$	2,510,000.00	$	795,000.00	$	62,750.00	$	-	
11/01/50	$	1,715,000.00	$	-	$	42,875.00	$	900,625.00	
05/01/51	$	1,715,000.00	$	835,000.00	$	42,875.00	$	-	
11/01/51	$	880,000.00	$	-	$	22,000.00	$	899,875.00	
05/01/52	$	880,000.00	$	880,000.00	$	22,000.00	$	902,000.00	
			$	14,235,000.00	$	13,178,663.75	$	27,413,663.75	

Proposed Budget Capital Reserve Fund

	Adopted Budget FY2023		Actuals Thru 3/31/23		Projected Next
6 Months		Total Projected 9/30/23		Proposed Budget FY2024		

Revenues												
Interest	$		-	$		-	$		-	$		-	$		-	
Carry Forward Surplus	$		-	$		-	$		-	$		-	$		-	
Total Revenues	$		-	$		-	$		-	$		-	$		-	

Expenditures												
Capital Outlay	$		-	$		-	$		-	$		-	$		-	
Total Expenditures	$		-	$		-	$		-	$		-	$		-	

Other Financing Sources/(Uses)												

Transfer In (Out)	$	3,050	$	-	$	-	$	-	$	209,563	
Total Other Financing Sources/(Uses)	$	3,050	$	-	$	-	$	-	$	209,563	
			
Excess Revenues/(Expenditures)	$	3,050	$	-	$	-	$	-	$	209,563	

Section V

Section C

Hammock Reserve
Field Management Report

May 02, 2023
Marshall Tindall Field Services Manager
GMS

1

Hammock Reserve Field Management Report | GMS 2023

Complete

Amenity Review

Vendors’ maintenance of the facility areas has been satisfactory.
Landscaping stones continue to be a problem for maintenance.
Notice sign posted at pool for issue.

2

Hammock Reserve Field Management Report | GMS 2023

Complete

Landscape Review

Landscaping work is good.
Plant beds, trees, and hedges are being maintained.
Palm by amenity will be replaced under warranty

In Progress

Phase 3 & 4

New phases are progressing.
New playgrounds are installed.
Dog park is substantially completed.
Phase 4 entrances signs are in progress.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-346-2453, or by email at mtindall@gmscfl.com. Thank you.

Respectfully, Marshall Tindall

Section D

Section 1

Hammock Reserve Community Development District

Summary of Check Register

March 1, 2023 through March 31, 2023

Fund	Date	Check No.'s	Amount

General Fund		
	3/1/23	362-365	$	421,618.74	
	3/14/23	366-369	$	10,839.30	
	3/16/23	370-374	$	15,131.27	
	3/23/23	375-376	$	29,890.00	
	3/28/23	377	$	40.00	
Total Amount	$	477,519.31	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/25/23	PAGE	1
*** CHECK DATES 03/01/2023 - 03/31/2023 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/01/23 00038	2/23/23 2241171	202301 310-51300-31500	*	237.50
GENERAL COUNSEL JAN 23

-	-	-	- -	-	-	-	-	- - - - - -	
			*					205,826.46	
			*					184,977.78	

DEWBERRY ENGINEERS INC	237.50 000362

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00031	2/22/23 02222023 202302 300-20700-10000
FY23 S2020 DS ASSESSMENT 2/22/23 02222023 202302 300-20700-10000
FY23 S2021 DS ASSESSMENT

- - - - - - - -

HAMMOCK RESERVE CDD C/O USBANK	390,804.24 000363
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00025	2/22/23 5988	202301 310-51300-31500	*	783.50
GENERAL COUNSEL JAN 23
KILINSKI/VAN WYK, PLLC	783.50 000364
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00035	2/21/23 3370	202302 300-20700-10200	*	29,793.50
PH4 EQUIP 50% FINAL PYMT
PROPLAYGROUND	29,793.50 000365
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/23 00044	2/27/23 9228	202302 330-57200-48200	*	575.00
CLEANING SVCS FEB 23
CSS OF CENTRAL FLORIDA	575.00 000366
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/23 00006	1/30/23 113	202301 320-53800-48000	*	2,296.38
FENCE REPAIRS HURRICANE
GOVERNMENTAL MANAGEMENT SERVICES	2,296.38 000367
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/23 00027	3/01/23 8184	202303 320-53800-46200	*	3,128.75
LANDSCAPE MAINT MAR 23
3/01/23 8185	202303 320-53800-46200	*	3,439.17
LANDSCAPE MAINT MAR 23
PRINCE & SONS, INC.	6,567.92 000368
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/14/23 00041	3/01/23 18671	202303 330-57200-48500	*	1,400.00
POOL MAINTENANCE MAR 23
RESORT POOL SERVICES DBA	1,400.00 000369
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/23 00006	3/01/23 111	202303 310-51300-34000	*	3,154.42
MANAGEMENT FEES MAR 23
3/01/23 111	202303 310-51300-35200	*	100.00
WEBSITE ADMIN MAR 23
3/01/23 111	202303 310-51300-35100	*	150.00
INFORMATION TECH MAR 23
3/01/23 111	202303 310-51300-31400	*	583.33
DISSEMINATION SVCS MAR 23
3/01/23 111	202303 330-57200-48300	*	416.67
AMENITY ACCESS MAR 23
HAMR HAMMOCK RESERV ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/25/23	PAGE	2
*** CHECK DATES 03/01/2023 - 03/31/2023 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	
	3/01/23	
	3/01/23	
	3/01/23	
	3/01/23	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
111	202303 310-51300-51000	*	1.23
OFFICE SUPPLIES MAR 23
111	202303 310-51300-42000	*	22.95
POSTAGE MAR 23
111	202303 310-51300-42500	*	24.60
COPIES MAR 23
112	202303 320-53800-34000	*	1,250.00
FIELD MANAGEMENT MAR 23
GOVERNMENTAL MANAGEMENT SERVICES	5,703.20 000370
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/23 00037	3/15/23 03152023 202303 300-15500-10000	*	3,442.08
PLAYGROUND LEASE APR 23
3/15/23 03152023 202303 300-15500-10000	*	3,733.19
PLAYGROUND LEASE APR 23
HNB PROPERTY, LLC	7,175.27 000371
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/23 00048 12/29/22 52966363 202212 330-57200-48100	*	40.00
PEST CONTROL 12/29/22
1/24/23 52966364 202301 330-57200-48100	*	40.00
PEST CONTROL 1/24/23
MASSEY SERVICES	80.00 000372
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/23 00035 11/15/22 3224	202211 300-20700-10200	*	682.00
REMAINING BALANCE
PROPLAYGROUND	682.00 000373
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/23 00019	3/15/23 03152023 202303 300-15500-10000	*	1,490.80
PLAYGROUND LEASE APR 23
WHFS,LLC	1,490.80 000374
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/23/23 00031	3/16/23 03162023 202303 300-20700-10000	*	29,700.00
FY23 SER22 LOT CLOSING
HAMMOCK RESERVE CDD C/O USBANK	29,700.00 000375
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/23/23 00025	3/10/23 6010	202302 310-51300-31500	*	190.00
GENERAL COUNSEL FEB 23
KILINSKI/VAN WYK, PLLC	190.00 000376
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/28/23 00048	2/25/23 52966365 202302 330-57200-48100	*	40.00
PEST CONTROL 2/25/23
MASSEY SERVICES	40.00 000377
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	477,519.31
TOTAL FOR REGISTER	477,519.31 HAMR HAMMOCK RESERV ZYAN

Section 2

Hammock Reserve
Community Development District

Unaudited Financial Reporting
March 31, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020	

5	
	Debt Service Fund Series 2021	

6	
	Debt Service Fund Series 2022	

7	
	Capital Projects Fund Series 2020	

8	
	Capital Projects Fund Series 2021	

9	
	Capital Projects Fund Series 2022	

10	
	Capital Reserve Fund	

11-12	
	Month to Month	

13	
	Long Term Debt Report	

14	
	Assessment Receipt Schedule	

Combined Balance Sheet March 31, 2023

General
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account Capital Projects Account
Investments:

$	464,567	$
$	-	$

-	$	-	$
-	$	1,000	$

464,567
1,000

Series 2020
Reserve	
$	
-	$	154,000	
$	
-	$	154,000	
Revenue Construction
Series 2021	$
$	-	$	213,815
-	$	-	$
$	-	$	213,815
2,659	$	2,659	
Reserve	$	-	$	138,261	$	-	$	138,261	
Revenue	$	-	$	191,173	$	-	$	191,173	
Interest	$	-	$	0	$	-	$	0	
Prepayment	$	-	$	97	$	-	$	97	
Construction	$	-	$	-	$	165	$	165	
Cost of Issuance Series 2022
Reserve	$

$	-	$	-	$	1

-	$	904,500	$	-	$	1

$	904,500	
Revenue	$	-	$	219,135	$	-	$	219,135	
Interest	$	-	$	2,439	$	-	$	2,439	
Construction	$	-	$	-	$	5,750	$	5,750	
Due from Developer	$	-	$	-	$	159,737	$	159,737	
Due from General Fund	$	-	$	166,810	$	-	$	166,810	
Prepaid Expenses	$	8,666	$	-	$	-	$	8,666	
Total Assets	$	473,915	$	1,990,229	$	169,313	$	2,633,457	
Liabilities:
Accounts Payable	

$	54,507	

$	

-	

$	-	

$	54,507	
Contracts Payable	$	-	$	-	$	153,737	$	153,737	
Due to Debt Service	$	166,810	$	-	$	-	$	166,810	
Due to Other	$	1	$	-	$	-	$	1	
Retainage Payable	$	-	$	-	$	23,154	$	23,154	
Total Liabilites	$	221,318	$	-	$	176,892	$	398,209	
Fund Balance:
Nonspendable: Prepaid Items	

$	8,666	

$	

-	

$	

-	

$	8,666	
Restricted for:							
Debt Service - Series 2020	$	-	$	455,669	$	-	$	455,669	
Debt Service - Series 2021	$	-	$	408,487	$	-	$	408,487	
Debt Service - Series 2022	$	-	$	1,126,073	$	-	$	1,126,073	
Capital Projects - Series 2020	$	-	$	-	$	3,659	$	3,659	
Capital Projects - Series 2021	$	-	$	-	$	166	$	166	
Capital Projects - Series 2022	$	-	$	-	$	(11,404)	$	(11,404)	

Unassigned	
$	
243,932	
$	
-	
$	
-	
$	
243,932	
Total Fund Balances	$	252,598	$	1,990,229	$	(7,579)	$	2,235,248	
					
Total Liabilities & Fund Balance	$	473,915	$	1,990,229	$	169,313	$	2,633,457	

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:

Assessments - Tax Roll Assessments - Direct Bill

$	387,067
$	147,336

$	368,200
$	62,885

$	368,200	$	-
$	62,885	$	-

Assessments - Lot Closings	$	-	$	-	$	5,940	$	5,940	
Other Income	$	-	$	-	$	14,400	$	14,400	
Boundary Amendment Contributions	$	-	$	-	$	10,785	$	10,785	
Total Revenues	$	534,403	$	431,085	$	462,210	$	31,125	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	1,600	$	4,400	
Engineering	$	15,000	$	7,500	$	340	$	7,160	
Attorney	$	30,000	$	15,000	$	4,890	$	10,110	
Annual Audit	$	6,000	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	1,800	$	450	$	450	$	-	
Dissemination	$	8,000	$	3,500	$	3,500	$	0	
Trustee Fees	$	14,200	$	7,408	$	7,408	$	-	
Management Fees	$	37,853	$	18,926	$	18,927	$	(0)	
Information Technology	$	1,800	$	900	$	900	$	-	
Website Maintenance	$	1,200	$	600	$	600	$	-	
Postage & Delivery	$	1,000	$	500	$	339	$	161	
Insurance	$	6,210	$	6,210	$	5,563	$	647	
Copies	$	500	$	250	$	33	$	217	
Legal Advertising	$	7,500	$	3,750	$	2,039	$	1,711	
Other Current Charges	$	1,550	$	775	$	283	$	492	
Office Supplies	$	625	$	313	$	15	$	298	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	150,413	$	77,257	$	52,060	$	25,196	

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Operations & Maintenance		
Field Expenditures		
Property Insurance	$	12,000	$	12,000	$	9,853	$	2,147	
Field Management	$	15,750	$	7,875	$	7,500	$	375	
Landscape Maintenance	$	114,000	$	57,000	$	35,968	$	21,032	
Landscape Replacement	$	15,000	$	7,500	$	1,560	$	5,940	
Streetlights	$	19,800	$	9,900	$	4,886	$	5,014	
Electric	$	7,920	$	3,960	$	15,711	$	(11,751)	
Water & Sewer	$	6,970	$	3,485	$	2,071	$	1,414	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,250	$	945	$	305	
Irrigation Repairs	$	8,000	$	4,000	$	1,082	$	2,918	
General Repairs & Maintenance	$	15,000	$	7,500	$	14,517	$	(7,017)	
Contingency	$	7,500	$	3,750	$	-	$	3,750	
Subtotal Field Expenditures	$	224,440	$	118,220	$	94,094	$	24,126	

Amenity Expenditures					
Amenity - Electric	$	5,400	$	2,700	$	-	$	2,700	
Amenity - Water	$	3,500	$	1,750	$	-	$	1,750	
Playground Lease	$	70,830	$	35,415	$	51,996	$	(16,581)	
Internet	$	1,500	$	750	$	548	$	202	
Pest Control	$	720	$	360	$	160	$	200	
Janitorial Services	$	6,000	$	3,000	$	3,337	$	(337)	
Security Services	$	25,000	$	12,500	$	410	$	12,090	
Pool Maintenance	$	21,600	$	10,800	$	8,650	$	2,150	
Amenity Access Management	$	5,000	$	2,500	$	2,500	$	(0)	
Amenity Repairs & Maintenance	$	10,000	$	5,000	$	1,829	$	3,171	
Contingency	$	7,500	$	3,750	$	-	$	3,750	
Subtotal Amenity Expenditures	$	157,050	$	78,525	$	69,430	$	9,095	
					
Total Operations & Maintenance	$	381,490	$	196,745	$	163,524	$	33,221	
					
Total Expenditures	$	531,903	$	274,002	$	215,585	$	58,417	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,500		$	246,626		
					
Fund Balance - Beginning	$	-		$	5,972		
					
Fund Balance - Ending	$	-		$	252,598		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:					
Assessments - Tax Roll	$	308,327	$	293,681	$	293,681	$	-	
Interest	$	-	$	-	$	3,046	$	3,046	
Total Revenues	$	308,327	$	293,681	$	296,727	$	3,046	

Expenditures:					
Interest - 11/1	$	101,078	$	101,078	$	101,078	$	-	
Principal - 5/1	$	105,000	$	-	$	-	$	-	
Interest - 5/1	$	101,078	$	-	$	-	$	-	
Total Expenditures	$	307,156	$	101,078	$	101,078	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	1,171		$	195,649		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(2,522)	$	(2,522)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(2,522)	$	(2,522)	
					
Net Change in Fund Balance	$	1,171		$	193,127		
					
Fund Balance - Beginning	$	106,125		$	262,543		
					
Fund Balance - Ending	$	107,296		$	455,669		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:					
Assessments - Tax Roll	$	278,100	$	263,933	$	263,933	$	-	
Interest	$	-	$	-	$	2,707	$	2,707	
Total Revenues	$	278,100	$	263,933	$	266,640	$	2,707	

Expenditures:					
Interest - 11/1	$	85,966	$	85,966	$	85,966	$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	105,000	$	-	$	-	$	-	
Interest - 5/1	$	85,966	$	-	$	-	$	-	
Total Expenditures	$	276,931	$	85,966	$	90,966	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	1,169		$	175,674		
					
Fund Balance - Beginning	$	94,393		$	232,812		
					
Fund Balance - Ending	$	95,562		$	408,487		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:					
Assessments - Direct Bill	$	904,500	$	-	$	-	$	-	
Assessments - Lot Closings	$	-	$	-	$	198,450	$	198,450	
Interest	$	-	$	-	$	16,457	$	16,457	
Total Revenues	$	904,500	$	-	$	214,907	$	214,907	

Expenditures:					
Interest - 11/1	$	356,764	$	356,764	$	356,764	$	-	
Principal - 5/1	$	225,000	$	-	$	-	$	-	
Interest - 5/1	$	339,775	$	-	$	-	$	-	
Total Expenditures	$	921,539	$	356,764	$	356,764	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(17,039)		$	(141,857)		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	2,439	$	2,439	
Total Other Financing Sources (Uses)	$	-	$	-	$	2,439	$	2,439	
					
Net Change in Fund Balance	$	(17,039)		$	(139,418)		
					
Fund Balance - Beginning	$	357,084		$	1,265,491		
					
Fund Balance - Ending	$	340,045		$	1,126,073		

Revenues		
Developer Contributions	$	-	$	-	$	45,301	$	45,301	
Interest	$	-	$	-	$	21	$	21	
Total Revenues	$	-	$	-	$	45,322	$	45,322	

Expenditures:					
Capital Outlay	$	-	$	-	$	750	$	(750)	
Total Expenditures	$	-	$	-	$	750	$	(750)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	44,572		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	2,522	$	2,522	
Total Other Financing Sources (Uses)	$	-	$	-	$	2,522	$	2,522	
					
Net Change in Fund Balance	$	-	$	47,095		
					
Fund Balance - Beginning	$	-	$	(43,435)		
					
Fund Balance - Ending	$	-	$	3,659		

Revenues					
Developer Contributions	$	-	$	-	$	10,571	$	10,571	
Interest	$	-	$	-	$	166	$	166	
Total Revenues	$	-	$	-	$	10,737	$	10,737	

Expenditures:					
Capital Outlay	$	-	$	-	$	10,571	$	(10,571)	
Total Expenditures	$	-	$	-	$	10,571	$	(10,571)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	166		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	166		

Revenues					
Developer Contributions	$	-	$	-	$	2,215,870	$	2,215,870	
Interest	$	-	$	-	$	16,956	$	16,956	
Total Revenues	$	-	$	-	$	2,232,827	$	2,232,827	

Expenditures:					
Capital Outlay - Phase 3	$	-	$	-	$	1,748,655	$	(1,748,655)	
Capital Outlay - Phase 4	$	-	$	-	$	1,934,832	$	(1,934,832)	
Total Expenditures	$	-	$	-	$	3,683,488	$	(3,683,488)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(1,450,661)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	(2,439)	$	(2,439)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(2,439)	$	(2,439)	
					
Net Change in Fund Balance	$	-	$	(1,453,099)		
					
Fund Balance - Beginning	$	-	$	1,441,695		
					
Fund Balance - Ending	$	-	$	(11,404)		

Hammock Reserve
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues

Interest	

$	-	

$	

-	$	

-	$	

-	
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:

Capital Outlay	

$	-	

$	

-	$	

-	$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	-		$	-		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	3,050	

$	

-	$	

-	$	

-	
Total Other Financing Sources (Uses)	$	3,050	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	3,050.00		$	-		
						
Fund Balance - Beginning	$	-		$	-		
						
Fund Balance - Ending	$	3,050		$	-		

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

Revenues:

Assessments - Tax Roll

$	-	$

11,618  $

246,435  $

10,789  $

28,433  $

70,925  $

-	$	-	$	-	$

-	$	-	$

-	$	368,200

Assessments - Direct Bill	$	23,808  $	13,026  $	13,026  $	-	$	13,026  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	62,885	
Assessments - Lot Closings	$	-	$	-	$	-	$	-	$	-	$	5,940	$	-	$	-	$	-	$	-	$	-	$	-	$	5,940	
Developer Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Boundary Amendment Contributions	$	8,282  $	2,503  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	10,785	
Other Income	$	-	$	-	$	-	$	14,400  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	14,400	
Total Revenues	$	32,090  $	27,147  $	259,461  $	25,189  $	41,459  $	76,865	$	-	$	-	$	-	$	-	$	-	$	-	$	462,210	

Expenditures:		
General & Administrative:		
Supervisor Fees	$	1,600	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	1,600	
Engineering	$	-	$	110	$	-	$	230	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	340	
Attorney	$	565	$	2,138	$	976	$	1,021	$	190	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	4,890	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	5,000	
Arbitrage	$	-	$	450	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	683	$	583	$	583	$	583	$	583	$	483	$	-  $	-  $	-  $	-  $	-  $	-  $	3,500	
Trustee Fees	$	3,367	$	4,041	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	7,408	
Management Fees	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	-  $	-  $	-  $	-  $	-  $	-  $	18,927	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	-  $	-  $	-  $	-  $	900	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	600	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Postage & Delivery	$	6	$	17	$	89	$	171	$	35	$	23	$	-  $	-  $	-  $	-  $	-  $	-  $	339	
Insurance	$	5,563	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	5,563	
Copies	$	6	$	2	$	-	$	-	$	-	$	25	$	-  $	-  $	-  $	-  $	-  $	-  $	33	
Legal Advertising	$	966	$	-	$	1,073	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	2,039	
Other Current Charges	$	39	$	44	$	39	$	39	$	83	$	39	$	-  $	-  $	-  $	-  $	-  $	-  $	283	
Boundary Amendment Expenses	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	3	$	3	$	2	$	3	$	1	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	15	
Travel Per Diem	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	21,377	$	10,792	$	6,167	$	5,452	$	4,297	$	3,975	$	-  $	-  $	-  $	-  $	-  $	-  $	52,060	

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

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Streetlights
Electric
Water & Sewer
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Repairs & Maintenance Contingency

$	9,853  $
$	1,250  $
$	6,568  $
$	-  $
$	809  $
$	2,886  $
$	230  $
$	-  $
$	-  $
$	-  $
$	-  $

-  $
1,250  $
6,568  $
-  $
809  $
2,526  $
-  $
-  $
192  $
2,703  $
-  $

-  $
1,250  $
6,568  $
1,560  $
809  $
2,349  $
-  $
-  $
190  $
313  $
-  $

-  $
1,250  $
6,568  $
-  $
809  $
2,346  $
1,279  $
-  $
302  $
10,610  $
-  $

-  $
1,250  $
3,129  $
-  $
825  $
2,729  $
-  $
945  $
193  $
891  $
-  $

-  $	-  $
1,250  $	-  $
6,568  $	-  $
-  $	-  $
825  $	-  $
2,876  $	-  $
563  $	-  $
-  $	-  $
205  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	9,853
-  $	7,500
-  $	35,968
-  $	1,560
-  $	4,886
-  $	15,711
-  $	2,071
-  $	945
-  $	1,082
-  $	14,517
-  $	-

Subtotal Field Expenditures	$	21,596  $	14,048  $	13,038  $	23,164  $	9,961  $	12,287  $	-  $	-  $	-  $	-  $	-  $	-  $	94,094

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease Internet
Pest Control Janitorial Services Security Services Pool Maintenance
Amenity Access Management Amenity Repairs & Maintenance Contingency

$	-  $
$	-  $
$	8,666  $
$	-  $
$	-  $
$	256  $
$	410  $
$	1,650  $
$	417  $
$	1,829  $
$	-  $

-  $
-  $
8,666  $
179  $
-  $
575  $
-  $
1,400  $
417  $
-  $
-  $

-  $
-  $
8,666  $
150  $
40  $
575  $
-  $
1,400  $
417  $
-  $
-  $

-  $
-  $
8,666  $
73  $
40  $
575  $
-  $
1,400  $
417  $
-  $
-  $

-  $
-  $
8,666  $
73  $
40  $
575  $
-  $
1,400  $
417  $
-  $
-  $

-  $	-  $
-  $	-  $
8,666  $	-  $
73  $	-  $
40  $	-  $
781  $	-  $
-  $	-  $
1,400  $	-  $
417  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-
-  $	-
-  $	51,996
-  $	548
-  $	160
-  $	3,337
-  $	410
-  $	8,650
-  $	2,500
-  $	1,829
-  $	-

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	(24,110)  $	(8,930) $	229,008  $	(14,598)  $	16,030  $	49,226  $	-  $	-  $	-  $	-  $	-  $	-  $	246,626

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(24,110)  $	(8,930)  $	229,008  $	(14,598)  $	16,030  $	49,226  $	-  $	-  $	-  $	-  $	-  $	-  $	246,626

Total Expenditures	$	56,200  $	36,077  $	30,453  $	39,787  $	25,429  $	27,639  $	-  $	-  $	-  $	-  $	-  $	-  $	215,585

Total Operations & Maintenance	$	34,823  $	25,285  $	24,286  $	34,335  $	21,132  $	23,664  $	-  $	-  $	-  $	-  $	-  $	-  $	163,524

Subtotal Amenity Expenditures	$	13,227  $	11,237  $	11,248  $	11,171  $	11,171  $	11,377  $	-  $	-  $	-  $	-  $	-  $	-  $	69,430

Hammock Reserve
Community Development District Long Term Debt Report

Series 2020, Special Assessment Revennue Bonds	
Interest Rate:	2.625%, 3.250%, 4.000%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$154,000	
Reserve Fund Balance	$154,000	
Bonds Outstanding - 10/22/20	$5,380,000	
Principal - 5/1/22	($100,000)	
Current Bonds Outstanding	$5,280,000	

Series 2021, Special Assessment Revenue Bonds	
Interest Rate:	2.375%, 3.000%, 3.375%, 4.000%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50 % Maximum Annual Debt Service	
Reserve Fund Requirement	$138,345	
Reserve Fund Balance	$138,261	
Bonds Outstanding - 5/18/21	$4,990,000	
Principal - 5/1/22	($100,000)	
Special Call - 5/1/22	($20,000)	
Special Call - 11/1/22	($5,000)	
Current Bonds Outstanding	$4,865,000	

Series 2022, Special Assessment Revenue Bonds	
Interest Rate:	4.200%, 4.400%, 4.700%, 5.000%	
Maturity Date:	5/1/2052	
Reserve Fund Definition	Maximum Annual Debt Service	
Reserve Fund Requirement	$904,500	
Reserve Fund Balance	$904,500	
Bonds Outstanding - 4/22/22	$14,235,000	
Current Bonds Outstanding	$14,235,000	

Hammock Reserve
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$  415,250.76	$	331,209.00	$	297,660.00	$ 1,044,119.76	
	Net Assessments	$  386,183.21	$	308,024.37	$	276,823.80	$	971,031.38	
ON ROLL ASSESSMENTS		
39.77%	
31.72%	
28.51%	
100.00%	

Special Assessment Receipts Fiscal Year 2023

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commissions	
Interest	
Net Receipts	
O&M Portion	2020 Debt Service	2021 Debt Service	
Total	

11/16/22	
10/1-10/31/22	
$2,359.41	
($94.37)	
($45.30)	
$0.00	
$2,219.74	
$882.80	
$704.13	
$632.81	
$2,219.74	
11/21/22	11/1-11/6/22	$9,523.64	($380.92)	($182.85)	$0.00	$8,959.87	$3,563.38	$2,842.19	$2,554.30	$8,959.87	
11/25/22	Interest	$0.00	$0.00	$0.00	$32.57	$32.57	$12.95	$10.33	$9.29	$32.57	
11/25/22	11/7-11/13/22	$19,133.28	($765.28)	($367.36)	$0.00	$18,000.64	$7,158.93	$5,710.05	$5,131.66	$18,000.64	
12/12/22	11-14-11/23/22	$28,613.92	($1,144.50)	($549.39)	$0.00	$26,920.03	$10,706.21	$8,539.40	$7,674.42	$26,920.03	
12/21/22	11/24-11/30/22	$334,402.40	($13,375.70)	($6,420.53)	$0.00	$314,606.17	$125,120.18	$99,797.36	$89,688.63	$314,606.17	
12/23/22	12/1-12/15/22	$306,668.48	($12,219.73)	($5,888.98)	$0.00	$288,559.77	$114,761.41	$91,535.09	$82,263.27	$288,559.77	
12/31/22	1% Fee Adj	($10,441.20)	$0.00	$0.00	$0.00	($10,441.20)	($4,152.51)	($3,312.09)	($2,976.60)	($10,441.20)	
01/13/23	12/16-12/31/22	$28,785.92	($1,103.77)	($553.64)	$0.00	$27,128.51	$10,789.12	$8,605.53	$7,733.86	$27,128.51	
02/16/23	1/1/23-1/31/23	$74,489.71	($1,537.64)	($1,459.04)	$0.00	$71,493.03	$28,433.08	$22,678.56	$20,381.39	$71,493.03	
03/17/23	2/01/23-02/28/23	$185,002.57	($3,027.50)	($3,639.50)	$0.00	$178,335.57	$70,924.80	$56,570.47	$50,840.30	$178,335.57	
	TOTAL	$	978,538.13	$	(33,649.41)	$	(19,106.59)	$	32.57	$  925,814.70	$  368,200.35	$	293,681.02	$	263,933.33	$	925,814.70	

95%
$45,216.68

Net Percent Collected Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

CH DEV Hammock LLC			
Net Assessments	
$514,563.47	
$72,398.36	
$442,165.11	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/18/2022, 11/8/22	10/1/22	1036, 1053	$18,099.59	$18,099.59	$18,099.59		
12/13/22	12/1/22	1058,1067	$18,099.59	$13,025.70	$13,798.64		
	2/1/23		$18,099.59		$0.00		
	4/1/23		$277,524.85			$0.00	
	5/1/23		$18,099.59		$0.00		
	10/1/23		$164,640.26			$0.00	
			$	514,563.47	$	31,125.29	$	31,898.23	$	-	

EKK Venture I LLC			
Net Assessments	
$358,425.01	
$50,429.92	
$307,995.09	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/18/2022, 11/8/22	10/1/22	1036, 1053	$12,607.48	$12,607.48	$12,607.48		
	12/1/22		$12,607.48		$0.00		
	2/1/23		$12,607.48		$0.00		
	4/1/23		$193,313.06			$0.00	
	5/1/23		$12,607.48		$0.00		
	10/1/23		$114,682.03			$0.00	
			$	358,425.01	$	12,607.48	$	12,607.48	$	-	

Hammock Reserve Partners LLC		
Net Assessments	
$174,170.33	
$24,505.52	
$149,664.81	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/18/2022, 11/8/22	10/1/22	1036, 1053	$6,126.38	$6,126.38	$6,126.38		
2/9/23	12/1/22	1067	$6,126.38	$6,126.38	$6,126.38		
2/9/23	2/1/23	1067	$6,126.38	$6,126.38	$6,126.38		
	4/1/23		$93,937.09			$0.00	
	5/1/23		$6,126.38		$0.00		
	10/1/23		$55,727.72			$0.00	
			$	174,170.33	$	18,379.14	$	18,379.14	$	-	

Section 3

SUPERVISOR OF
ELECTIONS
POLK COUNTY, FLORIDA
Lori Eawaras

April 21, 2023

Samantha Hoxie - Recording Secretary Hammock Reserve CDD Office
219 E. Livingston Street Orlando, Florida 32801-1508

RE: Hammock Reserve Community Development District Registered Voters

Dear Ms. Hoxie,

In response to your request, there are currently 214 voters within the Hammock Reserve Community Development District. This number of registered voters in said District is as of April 15, 2023.

Please do not hesitate to contact us if we can be of further assistance.

Sincerely,

Lori Edwards Supervisor of Elections Polk County, Florida

P.O. Box 1460, Bartow, FL 33831 • Phone: (863) 534-5888
PolkElections.gov

Para asistencia en Espanol, por favor de llamar al (863) 534-5888