Shingle Creek Community Development District

Agenda

August 7, 2023

AGENDA

Shingle Creek
Community Development District

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

July 31, 2023

Board of Supervisors Shingle Creek Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Shingle Creek Community Development District will be held Monday, August 7, 2023 at 12:00 p.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Organizational Matters
Appointment of Individuals to Fulfill Vacancies in Seats #1, #2, #4 & #5
Administration of Oaths of Office to Newly Appointed Board Members
Election of Officers
Consideration of Resolution 2023-06 Electing Officers
Approval of Minutes of the May 1, 2023 Meeting
Public Hearing
Consideration of Resolution 2023-02 Adopting the Fiscal Year 2024 Budget and Relating to the Annual Appropriations
Consideration	of	Resolution 2023-03 Imposing Special Assessments	and Certifying an Assessment Roll
Consideration of Resolution 2023-04 Designating Assistant Treasurer of the District
Consideration of Resolution 2023-05 Designating Authorized Bank Account Signatories
Staff Reports
Attorney
Memorandum Regarding Required Ethics Training and Other Legislative Updates
Engineer
Presentation of Annual Report
Approval of Assignment and Assumption of District Engineering Agreement with Madden, Moorhead & Stokes, LLC
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Series 2021 Arbitrage Rebate Calculation Report
Presentation of Number of Registered Voters - 909
Discussion and Approval of Fiscal Year 2024 Meeting Schedule
Other Business
Supervisor's Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

Sincerely,

George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel David Reid, District Engineer

Enclosures

Section III

Section D

RESOLUTION 2023-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

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

WHEREAS, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.

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

Section 1.		 is elected Chairperson.

Section 2.		 is elected Vice Chairperson.

Section 3.		 is elected Secretary.

Section 4.		 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary
	 is elected Assistant Secretary.

Section 5.		 is elected Treasurer.

Section 6.		 is elected Assistant Treasurer.
	 is elected Assistant Treasurer.

Section 7.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 7th day of August, 2023.

ATTEST:	SHINGLE	CREEK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

Minutes

MINUTES OF MEETING SHINGLE CREEK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Shingle Creek Community Development District was held on Monday, May 1, 2023 at 12:00 p.m. at the Oasis Club at ChampionsGate 1520 Oasis Club Blvd. ChampionsGate, FL.

Present and constituting a quorum were:

Rob Bonin	Chairman
Adam Morgan	Vice Chairman
Logan Lantrip	Assistant Secretary

Also present were:

George Flint	District Manager
Kristen Trucco	District Counsel
Amanda Udstad	District Engineer
Alan Scheerer	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll at 12:00 p.m. We have three Board Members here and we have a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: There are no members of the public to provide public comment.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individuals to Fulfill Vacancies in Seats #1, #2, #4 & #5
Mr. Flint: We do have seats #1, #2, #4, & #5 that have transitioned to general election that are occupied by carryover Board members at this point, but we don’t have any general electors that have come forward and expressed an interest in serving.

May 1, 2023	Shingle Creek

Administration of Oaths of Office
Election of Officers
Consideration of Resolution 2023-02 Electing Officers
Items 3A-D were tabled to a future meeting.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the March 6, 2023
Meeting
Mr. Flint: We will go ahead and move on to item four which is approval of the minutes from March 6, 2023. Did the Board have any comments or corrections to those?
Mr. Morgan: I read through them; they all look good. I will make a motion to accept.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Minutes of the March 6, 2023 Board of Supervisors Meeting, were approved, as presented.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2023-01
Approving the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing
Mr. Flint: Next is Resolution 2023-01 approving a proposed budget and setting the public hearing for its final consideration. We’re recommending your August 7th meeting at 12:00 p.m. in this location. Attached as Exhibit ‘A’ the proposed budget. This is not binding on the Board. It can be modified, if necessary. We are using about $20,000 of carryforward to balance the budget, but we don’t recommend at this time that you do an assessment increase for that. We think you can go at least another year using cash on hand to balance the budget. This budget keeps your per unit assessments the same as the prior year. Again, this can be changed between now and at the public hearing, if needed.
Mr. Morgan: I will make a motion to approve.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Resolution 2023-01 the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing for August 7, 2023 at 12:00 p.m., was approved.

May 1, 2023	Shingle Creek

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Flint: Staff reports, anything Kristen? Ms. Trucco: No updates from me.

Engineer
Mr. Flint: Engineer?
Ms. Udstad: No.

District Manager’s Report
Approval of Check Register
Mr. Flint: You have approval of the check register from March 1, 2023 to April 24, 2023 for $207,973.86. Any questions? If not, is there a motion to approve it?
Mr. Morgan: I will make a motion.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through the end of March. If there are any questions, we can discuss those. There is no action required. Hearing none, the next item followed.

Presentation of Arbitrage Rebate Calculation Report for Series 2019 Bonds
Mr. Flint: You have the Series 2019 arbitrage rebate calculation report. This is required by the IRS. The report indicates that we have no arbitrage issues. Is there a motion to accept the report?
Mr. Morgan: I will make a motion.

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the Arbitrage Rebate Calculation Report for Series 2019 Bonds, was approved.

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

May 1, 2023	Shingle Creek

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Flint: Any other business or supervisor’s requests? Hearing none,

NINTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Morgan, seconded by Mr. Lantrip, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section V

Section A

RESOLUTION 2023-02

THE ANNUAL APPROPRIATION RESOLUTION OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT (THE “DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2023, submitted to the Board of Supervisors (the “Board”) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the Shingle Creek Community Development District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

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

WHEREAS, the Board set August 7, 2023, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

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

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT;

Section 1.	Budget

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

That the District Manager’s Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2023 and/or revised projections for Fiscal Year 2024.

That the adopted budget, as amended, shall be maintained in the office of the District Manager and at the District’s Records Office and identified as “The Budget for Shingle Creek Community Development District for the Fiscal Year Ending September 30, 2024," as adopted by the Board of Supervisors on August 7, 2023.

Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Shingle Creek Community Development District, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

TOTAL DEBT SERVICE FUND – SERIES 2015	$	

TOTAL DEBT SERVICE FUND – SERIES 2019	$	

TOTAL CAPITAL RESERVE FUND	$	

TOTAL ALL FUNDS	$	

Section 3.	Supplemental Appropriations

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpected balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included.  Such transfer shall not have the effect of causing a more than
$10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board of Supervisors. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

Introduced, considered favorably, and adopted this 7th day of August, 2023.

ATTEST:	SHINGLE	CREEK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

EXHIBIT A

Shingle Creek Community Development District

Proposed Budget
FY 2024

Table of Contents

1-2		General Fund	

3-8	
	General Fund Narrative	

9	
	Capital Reserve Fund	

10	
	Debt Service Fund Series 2015	

11	
	Amortization Schedule Series 2015	

12	
	Debt Service Fund Series 2019	

13	
	Amortization Schedule Series 2019	

Shingle Creek
Community Development District

		Fiscal Year 2024 General Fund		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next 3	Thru	Budget	
	FY2023	6/30/23	Months	9/30/23	FY2024	

Revenues						
Special Assessments - Tax Roll	$695,074	$699,899	$0	$699,899	$695,074	
Interest	$0	$4,434	$1,516	$5,950	$3,500	
Carry Forward Surplus	$183,315	$204,966	$0	$204,966	$116,725	
Total Revenues	$878,389	$909,299	$1,516	$910,815	$815,299	

Expenditures						
Administrative						
Supervisors Fees	$12,000	$2,400	$2,400	$4,800	$12,000	
FICA Expense	$918	$184	$184	$367	$918	
Engineering	$15,000	$3,254	$3,246	$6,500	$15,000	
Attorney	$25,000	$2,864	$2,136	$5,000	$25,000	
Arbitrage	$1,100	$1,100	$0	$1,100	$1,100	
Dissemination	$7,000	$5,250	$1,750	$7,000	$7,000	
Annual Audit	$4,800	$4,800	$0	$4,800	$4,900	
Trustee Fees	$7,000	$7,000	$0	$7,000	$7,000	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,300	
Management Fees	$36,750	$27,563	$9,188	$36,750	$38,955	
Information Technology	$1,300	$975	$325	$1,300	$1,800	
Website Maintenance	$800	$600	$200	$800	$1,200	
Telephone	$200	$0	$25	$25	$200	
Postage	$500	$85	$75	$160	$500	
Printing & Binding	$500	$106	$44	$150	$500	
Insurance	$12,000	$10,694	$0	$10,694	$11,800	
Legal Advertising	$2,500	$0	$2,500	$2,500	$2,500	
Other Current Charges	$500	$416	$120	$536	$600	
Office Supplies	$200	$2	$1	$3	$200	
Property Appraiser	$900	$1,028	$0	$1,028	$1,100	
Property Taxes	$700	$637	$0	$637	$700	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenses	$134,843	$74,133	$22,193	$96,326	$138,448	

Operation & Maintenance						
Field Services	$15,750	$11,813	$3,938	$15,750	$16,695	
Electric	$10,000	$7,085	$2,400	$9,485	$10,080	
Streetlights	$95,000	$71,907	$25,848	$97,755	$98,910	
Water & Sewer	$34,500	$11,960	$4,650	$16,610	$22,050	
Landscape Maintenance	$290,000	$201,010	$68,344	$269,354	$298,270	
Landscape Contingency	$15,000	$27,932	$0	$27,932	$15,000	
Property Insurance	$13,200	$12,076	$0	$12,076	$18,150	
London Creek Ranch Maintenance	$30,600	$21,400	$9,200	$30,600	$32,100	
Lake Maintenance	$17,000	$11,925	$3,975	$15,900	$17,000	
Lake Contingency	$1,250	$0	$250	$250	$1,250	
Drainage R&M	$2,500	$0	$0	$0	$2,500	
Irrigation Repairs	$15,000	$17,250	$4,750	$22,000	$25,000	
Lighting Maintenance	$1,810	$1,965	$0	$1,965	$2,500	
Repairs & Maintenance	$10,000	$325	$325	$650	$10,000	
Pressure Washing	$10,000	$0	$2,500	$2,500	$5,000	
Contingency	$7,500	$0	$500	$500	$7,500	
Transfer Out - Capital Reserve	$174,436	$174,436	$0	$174,436	$94,846	
Operation & Maintenance Expenses	$743,546	$571,084	$126,680	$697,764	$676,851	
						
Total Expenditures	$878,389	$645,217	$148,872	$794,090	$815,299	
						
Excess Revenues/(Expenditures)	$0	$264,081	($147,356)	$116,725	$0	

Net Assessment	

$695,074	
				Collection Cost (6%)		$44,366 	
				Gross Assessment		$739,441 	

Shingle Creek
Community Development District

Gross Per Unit Assessment Comparion Chart

	FY2024		
Property Type	Platted Units		Gross Per Unit	Gross Total	
Single Family	857		$454	$389,292	
Townhome	861		$284	$244,447	
Condo/MF	438		$241	$105,702	
Unplatted	N/A		N/A	$0	
Total	2156			$739,441	
		
FY2023			
Property Type	Platted Units		Gross Per Unit	Gross Total	
Single Family	857		$454	$389,292	
Townhome	861		$284	$244,447	
Condo/MF	438		$241	$105,702	
Unplatted	N/A		N/A	$0	
Total	2156			$739,441	

Property Type	FY2023	FY2024	Increase/(Decrease)	
Single Family	$454	$454	$0	
Townhome	$284	$284	$0	
Condo/MF	$241	$241	$0	
Unplatted	N/A	N/A	$0	

Shingle Creek
Community Development District
GENERAL FUND BUDGET

REVENUES:

Assessments – Tax Collector

The District will levy a non-ad valorem assessment on all the assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year. These assessments are billed on tax bills.

EXPENDITURES:

Administrative:

Supervisors 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. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Hamilton Engineering & Surveying, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Shuker, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2015 & Series 2019 Special Assessment Bonds. The District has contracted with LLS Tax Solutions, Inc. for this service.

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. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2015 Special Assessment Bonds and the Series 2019 Special Assessment Bonds.

Shingle Creek
Community Development District
GENERAL FUND BUDGET

Annual Audit

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

Trustee Fees

The District will pay annual trustee fees for the Series 2015 & Series 2019 Special Assessment Bonds that are deposited with a Trustee at Regions Bank.

Assessment Administration

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

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, Adobe, Microsoft Office, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for 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.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

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

Shingle Creek
Community Development District
GENERAL FUND BUDGET

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.

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

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes

Represents estimated fees charged by Osceola County Tax Collector’s Office for all assessable property within the District.

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.

Field:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Shingle Creek
Community Development District
GENERAL FUND BUDGET

Electric

Represents cost of electric services for items such as monument lighting, fountains, etc. District currently has one account with Kissimmee Utility Authority.

Account #	Description	Monthly	Annual	
002242407-	3100 Storey Lake Blvd. Blk Even			
001300390	Monu/Fntn	$800	$9,600	
	Contingency			$480 	
Total			$10,080	

Streetlights

Represents cost for streetlight services maintained by the District. The District currently has one account with Kissimmee Utility Authority for 105 streetlights with more areas set to come online within the next fiscal year.

Account #	Description	Monthly	Annual	
002242407-				
001300800	4650 W Osceola Parkway Vlights	$7,850	$94,200	
	22 Lights - Ritual Rd & Storytelling			
	40 Lights - Storeytelling & Bronsons			
	Contingency			$4,710 	
Total			$98,910	

Water & Sewer

Represents costs for water services for areas within the District. The District currently has one account with Toho Water Authority.

Account #	Description	Monthly	Annual	
002647617-				
033217859	29101 Ritual Road	$1,750	$21,000	
	Contingency			$1,050 	
Total			$22,050	

Shingle Creek
Community Development District
GENERAL FUND BUDGET

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with Down to Earth Lawncare II, Inc. for this service.

Description	Monthly	Annual	
Phase I	$7,339	$88,070	
Phase II - Storey Lake Boulevard	$1,708	$20,491	
Area I - Bahia Mowing	$420	$5,040	
Phase II Part 2 - Additional Bahia	$1,380	$16,560	
Storey Lake Additional Areas	$3,351	$40,210	
Pond P-1	$469	$5,628	
W-1 & W-2 Road Buffer	$242	$2,900	
Tract 3B	$210	$2,522	
Storey Telling Way	$352	$4,224	
Reflections Tract "K" Gate Entrance	$595	$7,145	
Pond P-3	$243	$2,917	
Tract P-4 (Pond B-1)	$685	$8,221	
Tract E (Easement) (Future)	$2,000	$24,000	
Tract RW3 - Nature's Ridge 2B (L401 & L403)	$2,466	$29,597	
Nature's Ridge 2A	$2,491	$29,893	
Tract A Lift Station	$279	$3,344	
Hwy 192 & Storey Lake Blvd	$326	$3,910	
Contingency			$3,600 	
Total		$298,270	

Landscape Contingency

Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

London Creek Ranch Maintenance

The District will schedule maintenance of wetlands located in the London Creek Ranch area of the District. Services will include vegetation maintenance, site inspections, site maintenance, trail maintenance and permit status and compliance. The District has contracted with Austin Ecological Consultants for this service.

Description	Per Visit	Annual	
Vegetation Maintenance - 3 x per year	$8,700	$26,100	
Site Inspections & Maintenance	As Needed		$6,000 	
Total		$32,100	

Shingle Creek
Community Development District
GENERAL FUND BUDGET

Lake Maintenance

Represents cost for maintenance to three ponds located within the District. Services include shoreline grass and brush control, floating and submersed vegetation control, additional treatments as required and a monthly report of all waterways treated. The District has contracted with Aquatic Weed Control, Inc. for these services.

Description	Monthly	Annual	
Lake Maintenance - 3 Original Ponds	$840	$10,080	
Windermere/2 Storey Lake/Natures Ridge Ponds	$210	$2,520	
P1/P3/P4 Ponds	$240	$2,880	
Storeytelling Way	$35	$420	
Contingency			$1,100 	
Total		$17,000	

Lake Contingency

Represents estimated costs for any additional lake expenses not covered under the monthly lake maintenance contract.

Drainage R&M

Represents estimate repair and maintenance costs to the drainage structures, outfall structures, storm piping and bank erosions maintained by the District.

Irrigation Repairs

Represents estimated costs for any repairs to the irrigation system.

Lighting Maintenance

Represents estimated repair and maintenance cost to all lighting fixtures maintained by the District.

Repairs & Maintenance

Represents general repairs and maintenance costs that are not budgeted under any other budgeted line item.

Pressure Washing

Represents estimated costs to pressure wash common area sidewalks, curbs and monuments as needed.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Transfer Out – Capital Reserve

Represents excess funds at fiscal year end transferred to the Capital Reserve fund.

Shingle Creek
Community Development District

	Fiscal Year 2024 Capital Reserve Fund		
	Adopted Budget
FY2023	Actual Thru
6/30/23	Projected Next 3
Months	Total Thru
9/30/23	Proposed Budget
FY2024	

Revenues		
Transfer In	$174,436	$174,436	$0	$174,436	$94,846	
Interest	$1,200	$15,055	$4,945	$20,000	$12,000	
Total Revenues	$175,636	$189,491	$4,945	$194,436	$106,846	

Expenses						
Capital Outlay	$0	$15	$45	$60	$250	
Capital Outlay	$47,765	$0	$0	$0	$64,485	
Total Expenditures	$47,765	$15	$45	$60	$64,735	
						
Excess Revenues/(Expenditures)	$127,871	$189,476	$4,900	$194,376	$42,111	
						
Fund Balance - Beginning	$0	$479,817	$0	$479,817	$674,193	
						
Fund Balance - Ending	$0	$669,293	$4,900	$674,193	$716,304	

FY2024 Proposed Expenses	
Description	Amount	
Down To Earth Landscape & Irrigation
Screening of Plant Material at Each Entrance Gate to Hedgeline	$	31,045
Fausnight Stripe & Line, Inc.
Qty. 4 - Solar Powered Pedestrian Crossing Signs - Nature's Ridge	 $	33,440 
Total	$	64,485	

Shingle Creek
Community Development District

		Fiscal Year 2024 Debt Service Fund Series 2015		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next 3	Thru	Budget	
	FY2023	6/30/23	Months	9/30/23	FY2024	

Revenues						
Special Assessments	$1,434,037	$1,443,998	$0	$1,443,998	$1,434,037	
Interest Income	$1,200	$55,882	$4,118	$60,000	$30,000	
Carry Forward Surplus	$1,094,222	$1,109,074	$0	$1,109,074	$1,193,286	
Total Revenues	$2,529,459	$2,608,953	$4,118	$2,613,071	$2,657,323	

Expenses						
Interest - 11/1	$499,730	$499,730	$0	$499,730	$490,055	
Principal - 11/1	$430,000	$430,000	$0	$430,000	$450,000	
Interest - 5/1	$490,055	$490,055	$0	$490,055	$479,930	
Total Expenditures	$1,419,785	$1,419,785	$0	$1,419,785	$1,419,985	
						
Excess Revenues/(Expenditures)	$1,109,674	$1,189,168	$4,118	$1,193,286	$1,237,338	
				
Principal - 11/1/2024	
$470,000	
				Interest - 11/1/2024		$479,930 	
				Total		$949,930 	
				
Net Assessment	
$1,434,037	
				Collection Cost (6%)	$91,534	
				Gross Assessment	$1,525,571	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family	470	$1,691	$794,794	
		Townhome	648	$1,057	$684,878	
		Condo/MF	54	$850	$45,900	
		Unplatted	0	N/A	$0	
		Total	1172		$1,525,571	

Shinle Creek Community Development District Series 2015, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

11/1/23
5/1/24
11/1/24
5/1/25
11/1/25
5/1/26
11/1/26
5/1/27
11/1/27
5/1/28
11/1/28
5/1/29
11/1/29
5/1/30
11/1/30
5/1/31
11/1/31
5/1/32
11/1/32
5/1/33
11/1/33
5/1/34
11/1/34
5/1/35
11/1/35
5/1/36
11/1/36

$ 18,760,000
$ 18,310,000
$ 18,310,000
$ 17,840,000
$ 17,840,000
$ 17,350,000
$ 17,350,000
$ 16,835,000
$ 16,835,000
$ 16,295,000
$ 16,295,000
$ 15,725,000
$ 15,725,000
$ 15,125,000
$ 15,125,000
$ 14,495,000
$ 14,495,000
$ 13,835,000
$ 13,835,000
$ 13,140,000
$ 13,140,000
$ 12,410,000
$ 12,410,000
$ 11,645,000
$ 11,645,000
$ 10,840,000
$ 10,840,000

$	450,000
$	-
$	470,000
$	-
$	490,000
$	-
$	515,000
$	-
$	540,000
$	-
$	570,000
$	-
$	600,000
$	-
$	630,000
$	-
$	660,000
$	-
$	695,000
$	-
$	730,000
$	-
$	765,000
$	-
$	805,000
$	-
$	850,000

940,055

$	490,055	$	
$	479,930	$	
$	479,930	$	
$	469,355	$	
$	469,355	$	
$	458,330	$	
$	458,330	$	
$	445,133	$	
$	445,133	$	
$	431,296	$	
$	431,296	$	
$	416,689	$	
$	416,689	$	
$	401,314	$	
$	401,314	$	
$	385,171	$	
$	385,171	$	
$	368,258	$	
$	368,258	$	
$	350,449	$	
$	350,449	$	
$	331,743	$	
$	331,743	$	
$	312,139	$	
$	312,139	$	
$	291,511	$	
$	291,511	$	
$	269,730	$	
$	269,730	$	
$	245,700	$	
$	245,700	$	
$	220,320	$	
$	220,320	$	
$	193,590	$	
$	193,590	$	
$	165,375	$	
$	165,375	$	
$	135,675	$	
$	135,675	$	
$	104,355	$	
$	104,355	$	
$	71,415	$	
$	71,415	$	
$	36,585	$	
$	36,585	$	

- 1,429,860
- 1,428,710
- 1,431,660
- 1,430,266
- 1,432,591
- 1,433,379
- 1,432,629
- 1,430,341
- 1,431,516
- 1,430,898
- 1,428,485
- 1,429,279
- 1,433,023

5/1/37
11/1/37
5/1/38
11/1/38
5/1/39
11/1/39
5/1/40
11/1/40
5/1/41
11/1/41
5/1/42
11/1/42
5/1/43
11/1/43
5/1/44
11/1/44
5/1/45
11/1/45

$ 9,990,000
$ 9,990,000
$ 9,100,000
$ 9,100,000
$ 8,160,000
$ 8,160,000
$ 7,170,000
$ 7,170,000
$ 6,125,000
$ 6,125,000
$ 5,025,000
$ 5,025,000
$ 3,865,000
$ 3,865,000
$ 2,645,000
$ 2,645,000
$ 1,355,000
$ 1,355,000

$	-
$	890,000
$	-
$	940,000
$	-
$	990,000
$	-
$ 1,045,000
$	-
$ 1,100,000
$	-
$ 1,160,000
$	-
$ 1,220,000
$	-
$ 1,290,000
$	-
$ 1,355,000

- 1,429,460
- 1,431,400
- 1,430,640
- 1,432,180
- 1,430,750
- 1,431,350
- 1,428,710
- 1,432,830
- 1,428,170

Totals	$ 18,760,000	$ 13,658,181	$ 32,418,181

Shingle Creek
Community Development District

		Fiscal Year 2024 Debt Service Fund Series 2019		
	Adopted Budget
FY2023	Actual Thru
6/30/23	Projected Next 3
Months	Total Thru
9/30/23	Proposed Budget
FY2024	

Revenues						
Special Assessments - Tax Roll	$1,133,601	$1,141,475	$0	$1,141,475	$1,133,601	
Interest Income	$750	$39,250	$3,250	$42,500	$20,000	
Carry Forward Surplus	$467,509	$477,231	$0	$477,231	$524,699	
Total Revenues	$1,601,860	$1,657,955	$3,250	$1,661,205	$1,678,299	

Expenses						
Interest - 11/1	$403,253	$403,253	$0	$403,253	$397,272	
Principal - 5/1	$330,000	$330,000	$0	$330,000	$345,000	
Interest - 5/1	$403,253	$403,253	$0	$403,253	$397,272	
Total Expenditures	$1,136,506	$1,136,506	$0	$1,136,506	$1,139,544	
						
Excess Revenues/(Expenditures)	$465,354	$521,449	$3,250	$524,699	$538,755	
				
Interest - 11/1/2024	
	$391,019 	
				Total		$391,019 	
				
Net Assessment	
$1,133,601	
				Collection Cost (6%)	$72,357	
				Gross Assessment	$1,205,958	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family	387	$1,691	$654,436	
		Townhome	213	$1,057	$225,122	
		Condo	384	$850	$326,400	
		Total	984		$1,205,958	

Shinle Creek Community Development District Series 2019, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

11/1/23
5/1/24
11/1/24
5/1/25
11/1/25
5/1/26
11/1/26
5/1/27
11/1/27
5/1/28
11/1/28
5/1/29
11/1/29
5/1/30
11/1/30
5/1/31
11/1/31
5/1/32
11/1/32
5/1/33
11/1/33
5/1/34
11/1/34
5/1/35
11/1/35
5/1/36
11/1/36
5/1/37
11/1/37
5/1/38

$ 16,645,000
$ 16,645,000
$ 16,300,000
$ 16,300,000
$ 15,945,000
$ 15,945,000
$ 15,575,000
$ 15,575,000
$ 15,190,000
$ 15,190,000
$ 14,790,000
$ 14,790,000
$ 14,370,000
$ 14,370,000
$ 13,935,000
$ 13,935,000
$ 13,475,000
$ 13,475,000
$ 12,995,000
$ 12,995,000
$ 12,490,000
$ 12,490,000
$ 11,960,000
$ 11,960,000
$ 11,405,000
$ 11,405,000
$ 10,825,000
$ 10,825,000
$ 10,215,000
$ 10,215,000

$	-
$	345,000
$	-
$	355,000
$	-
$	370,000
$	-
$	385,000
$	-
$	400,000
$	-
$	420,000
$	-
$	435,000
$	-
$	460,000
$	-
$	480,000
$	-
$	505,000
$	-
$	530,000
$	-
$	555,000
$	-
$	580,000
$	-
$	610,000
$	-
$	640,000

397,272

$	397,272	$	
$	397,272	$	
$	391,019	$	
$	391,019	$	
$	383,919	$	
$	383,919	$	
$	376,519	$	
$	376,519	$	
$	368,819	$	
$	368,819	$	
$	360,819	$	
$	360,819	$	
$	352,419	$	
$	352,419	$	
$	342,088	$	
$	342,088	$	
$	331,163	$	
$	331,163	$	
$	319,763	$	
$	319,763	$	
$	307,769	$	
$	307,769	$	
$	295,181	$	
$	295,181	$	
$	282,000	$	
$	282,000	$	
$	268,225	$	
$	268,225	$	
$	253,738	$	
$	253,738	$	
$	238,538	$	
$	238,538	$	
$	222,625	$	
$	222,625	$	
$	205,000	$	
$	205,000	$	
$	186,500	$	
$	186,500	$	
$	167,125	$	
$	167,125	$	
$	146,750	$	
$	146,750	$	
$	125,250	$	
$	125,250	$	
$	102,625	$	
$	102,625	$	
$	78,875	$	
$	78,875	$	
$	53,875	$	
$	53,875	$	
$	27,625	$	
$	27,625	$	

- 1,133,291
- 1,129,938
- 1,130,438
- 1,130,338
- 1,129,638
- 1,133,238
- 1,129,506
- 1,133,250
- 1,130,925
- 1,132,531
- 1,132,950
- 1,132,181
- 1,130,225
- 1,131,963
-

11/1/38
5/1/39
11/1/39
5/1/40
11/1/40
5/1/41
11/1/41
5/1/42
11/1/42
5/1/43
11/1/43
5/1/44
11/1/44
5/1/45
11/1/45
5/1/46
11/1/46
5/1/47
11/1/47
5/1/48
11/1/48
5/1/49

$ 9,575,000
$ 9,575,000
$ 8,905,000
$ 8,905,000
$ 8,200,000
$ 8,200,000
$ 7,460,000
$ 7,460,000
$ 6,685,000
$ 6,685,000
$ 5,870,000
$ 5,870,000
$ 5,010,000
$ 5,010,000
$ 4,105,000
$ 4,105,000
$ 3,155,000
$ 3,155,000
$ 2,155,000
$ 2,155,000
$ 1,105,000
$ 1,105,000

$	-
$	670,000
$	-
$	705,000
$	-
$	740,000
$	-
$	775,000
$	-
$	815,000
$	-
$	860,000
$	-
$	905,000
$	-
$	950,000
$	-
$ 1,000,000
$	-
$ 1,050,000
$	-
$ 1,105,000

1,132,275
- 1,131,163
- 1,132,625
- 1,131,500
- 1,128,625
- 1,128,875
- 1,132,000
- 1,132,875
- 1,131,500
- 1,132,750
- 1,131,500
1,132,625

Totals	$ 16,645,000  $ 13,170,994  $ 29,815,994

Section B

RESOLUTION 2023-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT IMPOSING SPECIAL ASSESSMENTS AND CERTIFYING AN ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

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

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

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

WHEREAS, the Board of Supervisors of the District (“Board”) hereby determines to undertake various operations and maintenance activities described in the District’s budget for Fiscal Year 2023-2024 (“Operations and Maintenance Budget”), attached hereto as Exhibit “A” and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District’s budget for Fiscal Year 2023-2024; and

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

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

WHEREAS, the District has previously levied an assessment for debt service, a portion of which the District desires to collect on the tax roll for platted lots, pursuant to the Uniform Method (defined below) and which is also indicated on Exhibit “A”, and the remaining portion of which the District desires to levy and directly collect on the remaining unplatted lands; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”); and

WHEREAS, the District has previously evidenced its intention to utilize this Uniform Method and has approved an Agreement with the County Tax Collector to provide for the collection of the special assessments under the Uniform Method; and

WHEREAS, it is in the best interests of the District to collected special assessments for operations and maintenance on platted lots using the Uniform Method and to directly collect from the remaining unplatted property reflecting their portion of the District’s operations and maintenance expenses, as set forth in the budget; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Shingle Creek Community Development District (the “Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the portion of the Assessment Roll on platted property to the County Tax Collector pursuant to the Uniform Method and to directly collect the remaining portion on the unplatted property; and

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

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

SECTION 1.	INCORPORATION OF RECITALS AND AUTHORITY.	The
recitals stated above are true and correct and by this reference are incorporated by reference as a material part of this Resolution. The Resolution is adopted pursuant to the provisions of Florida Law, including Chapter 170, 190 and 197, Florida Statutes.

SECTION 2. BENEFIT. The provision of the services, facilities, and operations as described in Exhibit “A” confer a special and peculiar benefit to the lands within the District, which benefits exceed or equal the costs of the assessments. The allocation of the costs to the specially benefitted lands is shown in Exhibits “A” and “B.”

SECTION 3. ASSESSMENT IMPOSITION. A special assessment for operation and maintenance as provided for in Chapter 190, Florida Statutes, is hereby imposed and levied on benefitted lands within the District in accordance with Exhibit “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 4. COLLECTION. The collection of the previously levied debt service assessments and operation and maintenance special assessments on platted lots and developed lands shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.” The previously levied debt services assessments and operations and maintenance assessments on undeveloped and unplatted lands will be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are due according to the flowing schedule: 50% due no later than November 1, 2023, 25% due no later than February 1, 2024 and

25% due no later than May 1, 2024. In the event that an assessment payment is not made in accordance with the schedule stated above, such assessment and any future scheduled assessment payments due for Fiscal Year 2024 shall be delinquent and shall accrue penalties and interest in the amount of one percent (1%) per month plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District’s discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. In the event as assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings to collect and enforce the delinquent and remaining assessments. Notwithstanding the foregoing, any assessments which, by operation of law or otherwise, have been accelerated for non-payment, are not certified by this Resolution.

SECTION 5.	CERTIFICATION OF ASSESSMENT ROLL.	The District’s
Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified. That portion of the District’s Assessment Roll which includes developed lands and platted lots is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds there from shall be paid to the Shingle Creek Community Development District.

SECTION 6. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep appraised of all updates made to the County property roll by Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates to the tax roll in the District records.

SECTION 7. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 8. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Shingle Creek Community Development District.

PASSED AND ADOPTED this 7th day of August, 2023.

ATTEST:	SHINGLE	CREEK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Section VI

RESOLUTION 2023-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT DESIGNATING AN ASSISTANT TREASURER OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

Whereas, the Shingle Creek Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Osceola County, Florida; and

Whereas, the Board of Supervisors of the District desires to appoint an Assistant Treasurer.

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

SECTION 1.  Darrin Mossing is appointed Assistant Treasurer.

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

Passed and adopted this 7th day of August 2023.

ATTEST:	SHINGLE	CREEK	COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Section VII

RESOLUTION 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT DESIGNATING THE DISTRICT’S APPOINTED TREASURER, ASSISTANT TREASURER, AND SECRETARY OF THE DISTRICT AS SIGNORS ON THE DISTRICT’S LOCAL BANK ACCOUNT; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Shingle Creek Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated entirely within Osceola County, Florida; and

Whereas, the District’s Board of Supervisors desires to designate the District’s appointed Treasurer, Assistant Treasurer, and Secretary as signors on the District’s local bank account.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The District’s appointed Treasurer, Assistant Treasurer, and Secretary shall be appointed as signors on the District’s local bank account.

SECTION 2.  This Resolution shall take effect immediately upon its adoption.

Passed and adopted this 7th day of August, 2023.

ATTEST:	SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Section VIII

Section A

Section 1

ATTORNEYS AT LAW

Michael J. Beaudine
Jan Albanese Carpenter Daniel H. Coultoff Jennifer S. Eden Dorothy F. Green Bruce D. Knapp
Peter G. Latham	201 SOUTH ORANGE AVENUE, SUITE 1400
ORLANDO, FLORIDA 32801 POST OFFICE BOX 3353 ORLANDO, FLORIDA 32802
TELEPHONE: (407) 481-5800
FACSIMILE: (407) 481-5801
WWW.LATHAMLUNA.COM	Jay E. Lazarovich Marc L. Levine Justin M. Luna Lori T. Milvain
Benjamin R. Taylor Christina Y. Taylor Kristen E. Trucco Daniel A. Velasquez	

To:	CDD Board of Supervisors

From:	District Counsel (Jan Albanese Carpenter, Jay Lazarovich and Kristen Trucco)

Re:	New Law Requiring Ethics Training for Elected Officials and Other Legislative Updates

Date:	July 6, 2023

We are providing you with information about a new law which affects all CDD Board of Supervisors, as elected local officers of independent special districts.

Beginning on January 1, 2024, Section 112.3142, Florida Statutes, requires each elected local officer of an independent special district and each person who is appointed to fill a vacancy for an unexpired term to complete four (4) hours of ethics training each calendar year. This ethics training must address, at a minimum: Section 8, Article II of the Florida Constitution; the Code of Ethics for Public Officers and Employees; and Florida’s public records and public meetings laws. A copy of Section 112.3142, Florida Statutes is attached to this document.

The required ethics training may be satisfied by completion of a continuing legal education class or other continuing professional education class, seminar or presentation, so long as the required subject matter is covered. We strongly recommend that you keep track of all of the ethics training you complete since you will be required to self-certify on your annual Form 1 that you have completed the required ethics training for that year.

There are ethics training resources available online at no cost to you. Specifically, FLC University is offering a virtual training on July 12, 2023, that will fulfill the four (4) hour requirement (https://register.gotowebinar.com/register/1108128928632648288), and Florida’s Commission on Ethics (the “Commission”) has provided several video links and other resources on their website to assist you in meeting this new requirement (https://ethics.state.fl.us/Training/Training.aspx).

According to the Commission, training “hours” may be measured in 50-minute increments and a combination two hours of ethics training, one hour of open meetings training and one hour of public records training is sufficient to satisfy the four-hour requirement (See CEO 13-15 and CEO 13-24).

We recommended that you complete this training requirement by July 1st each year in order to verify your compliance with the law on your Form 1 (Statement of Financial Interests). For new

Supervisors, the Legislature intends for this ethics training to be completed as close as possible to the date of assuming office. For Supervisors elected or appointed on or before March 31st of any given year, the annual training is required to be completed on or before December 31st. For Supervisors assuming a new office after March 31st, ethics training is not required for the calendar year in which his/her term of office began.

Other Legislative Updates:

Concealed Carry: There was a change in the law regarding concealed carry of firearms; however, we would like to remind you that under Section 790.06 (12)(a)(7), Florida Statutes, open carry of a handgun, concealed weapons and firearms are still prohibited in meetings of the governing body of a special district.

Technology Transparency: Beginning July 1, 2023, Section 112.23, Florida Statutes, prohibits any officer of a district from communicating with a social media platform to request removal of content or accounts from a social media platform, as well as initiating or maintaining any agreements or working relationships with a social media platform for the purpose of content moderation. We recommend any CDDs that maintain a Facebook page or any other social media account refrain from the prohibited conduct, unless it meets one of the exceptions as listed under Section 112.23(4), Florida Statutes, such as routine account management, including, but not limited to, the removal or revision of the governmental entity’s content or account or identification of accounts falsely posing as a governmental entity or officer; an attempt to remove content or an account that pertains to the commission of a crime or violation of Florida’s public records law; or an investigation or inquiry related to an effort to prevent imminent bodily harm, loss of life or property damage.

Government and Corporate Activism: Beginning on July 1, 2023, Section 287.05701, Florida Statutes, prohibits requesting documentation or consideration of a vendor’s social, political or ideological interests and giving preference to a vendor based on the same, when considering government contracts. This section further requires any solicitation for the procurement of contractual services by the governing body of a special district to include a provision notifying vendors of the provisions of this section.

Please feel free to contact the District Manager or our office should you have any questions on these new laws or their requirements.

Thank you.

2

CHAPTER 2023-121

Committee Substitute for House Bill No. 199

An act relating to ethics requirements for officers and employees of special tax districts; amending s. 112.313, F.S.; specifying that certain conduct by certain public officers and employees is deemed a conflict of interest; making technical changes; amending s. 112.3142, F.S.; requiring certain ethics training for elected local officers of independent special districts beginning on a specified date; specifying requirements for such training; providing an effective date.

Be It Enacted by the Legislature of the State of Florida:
Section 1. Subsection (7) of section 112.313, Florida Statutes, is amended to read:
112.313 Standards of conduct for public officers, employees of agencies, and local government attorneys.—
CONFLICTING EMPLOYMENT OR CONTRACTUAL RELATION- SHIP.—
No public officer or employee of an agency shall have or hold any employment or contractual relationship with any business entity or any agency which is subject to the regulation of, or is doing business with, an agency of which he or she is an officer or employee, excluding those organizations and their officers who, when acting in their official capacity, enter into or negotiate a collective bargaining contract with the state or any municipality, county, or other political subdivision of the state; nor shall an officer or employee of an agency have or hold any employment or contractual relationship that will create a continuing or frequently recurring conflict between his or her private interests and the performance of his or her public duties or that would impede the full and faithful discharge of his or her public duties.
When the agency referred to is that certain kind of special tax district created by general or special law and is limited specifically to constructing, maintaining, managing, and financing improvements in the land area over which the agency has jurisdiction, or when the agency has been organized pursuant to chapter 298, then employment with, or entering into a contractual relationship with, such business entity by a public officer or employee of such agency is shall not be prohibited by this subsection or be deemed a conflict per se. However, conduct by such officer or employee that is prohibited by, or otherwise frustrates the intent of, this section, including conduct that violates subsections (6) and (8), is shall be deemed a conflict of interest in violation of the standards of conduct set forth by this section.

Ch. 2023-121	LAWS OF FLORIDA	Ch. 2023-121

When the agency referred to is a legislative body and the regulatory power over the business entity resides in another agency, or when the regulatory power which the legislative body exercises over the business entity or agency is strictly through the enactment of laws or ordinances, then employment or a contractual relationship with such business entity by a public officer or employee of a legislative body shall not be prohibited by this subsection or be deemed a conflict.
This subsection shall not prohibit a public officer or employee from practicing in a particular profession or occupation when such practice by persons holding such public office or employment is required or permitted by law or ordinance.
Section 2. Paragraphs (d) and (e) of subsection (2) of section 112.3142, Florida Statutes, are redesignated as paragraphs (e) and (f), respectively, present paragraph (e) of that subsection is amended, and a new paragraph
(d) is added to that subsection, to read:
112.3142 Ethics training for specified constitutional officers, elected municipal officers, and commissioners of community redevelopment agen- cies, and elected local officers of independent special districts.—
(2)
(d) Beginning January 1, 2024, each elected local officer of an indepen- dent special district, as defined in s. 189.012, and each person who is appointed to fill a vacancy for an unexpired term of such elective office must complete 4 hours of ethics training each calendar year which addresses, at a minimum, s. 8, Art. II of the State Constitution, the Code of Ethics for Public Officers and Employees, and the public records and public meetings laws of this state. This requirement may be satisfied by completion of a continuing legal education class or other continuing professional education class, seminar, or presentation, if the required subject matter is covered by such class, seminar, or presentation.
(f)(e) The Legislature intends that a constitutional officer, or elected municipal officer, or elected local officer of an independent special district who is required to complete ethics training pursuant to this section receive the required training as close as possible to the date that he or she assumes office. A constitutional officer, or elected municipal officer, or elected local officer of an independent special district assuming a new office or new term of office on or before March 31 must complete the annual training on or before December 31 of the year in which the term of office began. A constitutional officer, or elected municipal officer, or elected local officer of an independent special district assuming a new office or new term of office after March 31 is not required to complete ethics training for the calendar year in which the term of office began.
Section 3.	This act shall take effect July 1, 2023.

Ch. 2023-121	LAWS OF FLORIDA	Ch. 2023-121

Approved by the Governor May 24, 2023.
Filed in Office Secretary of State May 24, 2023.

Section B

Section 1

1'� HAMILTON
,	ENGINEERING  &  SURVEYING,  LLC

TAMPA OFFICE
3409 w. lemon street tampa, fl 33609
813.250.3535

ORLANDO OFFICE
431 E. Horatio
Ave.. Unit 260
Maitland, fl 32751
407.362.5929

June 9, 2023

Mr. George S. Flint, District Manager
Shingle Creek Community Development District Government Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, FL 32801

RE: Master Trust Indenture
Shingle Creek Community Development District Annual Project Inspection Report

Dear Mr. Flint:

In accordance with section 9.21of the Shingle Creek Community Development District's Master Trust Indenture, an annual inspection is required to report on whether the project in being maintained in good repair, working order, and condition.
This letter is to confirm that Hamilton Engineering & Surveying, LLC Inspected the facilities that are owned and maintained by the District on June 1, 2023. Based on this inspection, the constructed portions of the project are in good condition and are well maintained. No deficiencies were observed within the master stormwater management system that would preclude its normal operation. Generally, the project is in excellent condition.
We reviewed the Operation and Maintenance budget for Fiscal Year 2023 and believe that it is sufficient for the proper operation and maintenance of the District's infrastructure. Regarding property insurance, we have reviewed the current policy coverage and limits and believe this to be adequate for the community.
If you have any questions or concerns, please do not hesitate to contact my office.

www.hamntonengineering.us

Section 2

June 28, 2023

Fremont-Wright, LLC
813 Ridge Lake Blvd. Memphis, TN 38120
Phone: (901) 425-9204
www.fremontwright.com

Stoneybrook South at ChampionsGate Community Development District Stoneybrook South Community Development District
Shingle Creek Community Development District
Shingle Creek at Bronson Community Development District Old Hickory Community Development District Knightsbridge Community Development District

219 E. Livingston Street Orlando, FL 32801 Attn: District Manager

Latham, Luna, Eden & Beaudine 201 S. Orange Avenue, Suite 1400
Orlando, Florida 32801 Attn: Jan A. Carpenter

To Whom It May Concern:

On June 3, 2019, Stoneybrook South at ChampionsGate Community Development District (the “District”) entered an Agreement for Professional Engineering Services with Hamilton Engineering & Surveying, Inc. (“Agreement”). Hamilton Engineering & Surveying, Inc. (“Hamilton”) is a wholly owned subsidiary of Fremont-Wright, LLC (“Freemont-Wright”), which owns various architecture, engineering, and surveying companies across the country.
Freemont-Wright recently transferred some of the Hamilton employees to an affiliate, Madden, Moorhead, & Stokes, LLC (“MMS”), which is also a wholly owned subsidiary of Freemont- Wright. Accordingly, we are writing to request that the District consent in writing pursuant to Article 21 of the Agreement to an assignment of the Agreement from Hamilton to MMS. There will be no change or disruption in the professionals working on the project. The sole reason for this request is for billing and accounting efficiency, as the alternative is for Hamilton to enter a subcontractor agreement with MMS for the ongoing project. Thank you in advance for the consideration, and please let me know if any additional information is needed.

Sincerely,

Section C

Section 1

Shingle Creek
Community Development District
Summary of Checks

April 25, 2023 to July 31, 2023

Bank	Date	Check #	Amount	

General Fund	
4/27/23	
783	
$	3,075.00	
	5/4/23	784	$	4,875.84	
	5/11/23	785-790	$	61,267.41	
	5/17/23	791-792	$	3,626.50	
	6/7/23	793	$	10,700.00	
	6/14/23	794-799	$	49,514.28	
	6/21/23	800-801	$	53,052.08	
	6/27/23	802	$	3,006.54	
	7/12/23	803-806	$	29,825.82	
	7/19/23	807-808	$	1,704.82	
			$	220,648.29	
Payroll Fund	May 2023
Adam Morgan	
50028	
$	184.70	
	Logan Lantrip	50029	$	184.70	
	Patrick Bonin Jr.	50030	$	184.70	
			$	554.10	
			$	221,202.39	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	1
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	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	#
4/27/23 00023	4/19/23 156037	202304 320-53800-46100	*	3,075.00
RE-SOD ST.AUGUSTINE SOD
DOWN TO EARTH LAWNCARE II, INC	3,075.00 000783
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/04/23 00023	4/24/23 156248	202304 320-53800-46100	*	4,875.84
RESOD ST.AUGUSTINE WALL
DOWN TO EARTH LAWNCARE II, INC	4,875.84 000784
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/11/23 00007	5/01/23 83376	202305 320-53800-47000	*	840.00
WATERWAY MNT-3 POND-MAY23
5/01/23 83376	202305 320-53800-47000	*	210.00
ADD.4POND-STOREY LK-MAY23
5/01/23 83376	202305 320-53800-47000	*	240.00
ADD.SERVICE 3 PONDS-MAY23
5/01/23 83376	202305 320-53800-47000	*	35.00
STORYTELLING WAY - MAY23
AQUATIC WEED CONTROL, INC.	1,325.00 000785
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/11/23 00023	5/01/23 157261	202305 320-53800-46200	*	22,555.83
LANDSCAPE MAINT MAY23
5/01/23 157261	202305 320-53800-46200	*	225.56
FUEL SURCHARGE
DOWN TO EARTH LAWNCARE II, INC	22,781.39 000786

5/11/23 00011	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
188	202305 310-51300-34000	*	3,062.50
MANAGEMENT FEES MAY23
188	202305 310-51300-35200	*	66.67
WEBSITE ADMIN MAY23
188	202305 310-51300-35100	*	108.33
INFORMATION TECH MAY23
188	202305 310-51300-31300	*	583.33
DISSEMINATION FEE MAY23
188	202305 310-51300-51000	*	.27
OFFICE SUPPLIES
188	202305 310-51300-42000	*	11.99
POSTAGE
189	202305 320-53800-12000	*	1,312.50
FIELD MANAGEMENT MAY23
GOVERNMENTAL MANAGEMENT SERVICES	5,145.59 000787
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/11/23 00016	4/05/23 111317	202303 310-51300-31500	*	511.02
MTG/TASK LIST/AUSTIN AGR
5/03/23 113285	202304 310-51300-31500	*	106.00
REV TASK LST/AGDA FOR MTG
LATHAM,LUNA,EDEN & BEAUDINE,LLP	617.02 000788
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
SHIN SHINGLE CREEK	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	2
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	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	#
5/11/23 00012	5/10/23 05102023 202305 300-20700-10000	*	17,536.15
FY23 DEBT SRVC SER2015
SHINGLE CREEK CDD C/O REGIONS BANK	17,536.15 000789
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/11/23 00012	5/10/23 05102023 202305 300-20700-10100	*	13,862.26
FY23 DEBT SRVC SER2019
SHINGLE CREEK CDD C/O REGIONS BANK	13,862.26 000790
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/17/23 00023	1/09/23 147912	202301 320-53800-46100	*	3,221.50
INST.FLORATUM/MAUI RED
DOWN TO EARTH LAWNCARE II, INC	3,221.50 000791
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/17/23 00028	5/08/23 70052	202304 310-51300-31100	*	405.00
MNT MAP/TOHO EASE/HOA MAP
HAMILTON ENGINEERING & SURVEYING	405.00 000792
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/07/23 00014	6/01/23 1637	202305 320-53800-46300	*	2,000.00
SITE INSP/CREATE MAP/COOR
6/01/23 1637	202305 320-53800-46300	*	8,700.00
CONDUCT 2/3 MAINT EVNT 23
AUSTIN ECOLOGICAL CONSULTANTS LLC	10,700.00 000793
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00007	6/01/23 84437	202306 320-53800-47000	*	840.00
WATERWAY MNT-3 POND-JUN23
6/01/23 84437	202306 320-53800-47000	*	210.00
ADD.4POND-STOREY LK-JUN23
6/01/23 84437	202306 320-53800-47000	*	240.00
ADD.SERVICE-3 PONDS-JUN23
6/01/23 84437	202306 320-53800-47000	*	35.00
STOREYTELLING WAY - JUN23
AQUATIC WEED CONTROL, INC.	1,325.00 000794
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00023	5/29/23 158920	202305 320-53800-46400	*	1,519.87
RPR SPRAY/ROTOR/COUPLING
6/01/23 159794	202306 320-53800-46200	*	22,555.83
LANDSCAPE MAINT JUN23
6/01/23 159794	202306 320-53800-46200	*	225.56
FUEL SURCHARGE
6/06/23 160252	202306 320-53800-46100	*	975.00
STRAIGHTEN TREES NAT.RDGE
DOWN TO EARTH LAWNCARE II, INC	25,276.26 000795
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00011	6/01/23 190	202306 310-51300-34000	*	3,062.50
MANAGEMENT FEES JUN23
6/01/23 190	202306 310-51300-35200	*	66.67
WEBSITE ADMIN JUN23
SHIN SHINGLE CREEK	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	3
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
190	202306 310-51300-35100	*	108.33
INFORMATION TECH JUN23
190	202306 310-51300-31300	*	583.33
DISSEMINATION FEE JUN23
190	202306 310-51300-51000	*	.27

202306 310-51300-42000	*	5.32	
202306 310-51300-42500	*	9.45	

OFFICE SUPPLIES 190
POSTAGE 190
COPIES
191	202306 320-53800-12000	*	1,312.50
FIELD MANAGEMENT JUN23
191A	202304 310-51300-42000	*	1.14
USPS-POSTAGE FOR 941 FORM
GOVERNMENTAL MANAGEMENT SERVICES	5,149.51 000796
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00016	6/05/23 115152	202305 310-51300-31500	*	388.00
MTG/LEGISLATIVE UPDT/RCRD
LATHAM,LUNA,EDEN & BEAUDINE,LLP	388.00 000797
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00012	6/12/23 06122023 202306 300-20700-10000	*	9,704.30
FY23 DEBT SRVC SER2015
SHINGLE CREEK CDD C/O REGIONS BANK	9,704.30 000798
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00012	6/12/23 06122023 202306 300-20700-10100	*	7,671.21
FY23 DEBT SRVC SER2019
SHINGLE CREEK CDD C/O REGIONS BANK	7,671.21 000799
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/21/23 00012	6/16/23 06162023 202306 300-20700-10000	*	29,629.82
FY23 DEBT SRVC SER2015
SHINGLE CREEK CDD C/O REGIONS BANK	29,629.82 000800
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/21/23 00012	6/16/23 06162023 202306 300-20700-10100	*	23,422.26
FY23 DEBT SRVC SER2019
SHINGLE CREEK CDD C/O REGIONS BANK	23,422.26 000801
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/27/23 00023	6/20/23 161081	202306 320-53800-46100	*	3,006.54
RMV DEAD/INST.3CALIP.TREE
DOWN TO EARTH LAWNCARE II, INC	3,006.54 000802
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00007	7/01/23 85509	202307 320-53800-47000	*	840.00
WATERWAY MNT-3 POND-JUL23
7/01/23 85509	202307 320-53800-47000	*	210.00
ADD.4POND-STOREY LK-JUL23
7/01/23 85509	202307 320-53800-47000	*	240.00
ADD SERVICE-3 PONDS-JUL23
SHIN SHINGLE CREEK	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	4
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	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	#
7/01/23 85509	202307 320-53800-47000	*	35.00
STOREYTELLING WAY - JUL23
AQUATIC WEED CONTROL, INC.	1,325.00 000803
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00023	7/05/23 162416	202307 320-53800-46200	*	22,555.83
LANDSCAPE MAINT JUL23
7/05/23 162416	202307 320-53800-46200	*	225.56
FUEL SURCHARGE
DOWN TO EARTH LAWNCARE II, INC	22,781.39 000804
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00011	7/01/23 192	202307 310-51300-34000	*	3,062.50
MANAGEMENT FEES JUL23
7/01/23 192	202307 310-51300-35200	*	66.67
WEBSITE ADMIN JUL23
7/01/23 192	202307 310-51300-35100	*	108.33
INFORMATION TECH JUL23
7/01/23 192	202307 310-51300-31300	*	583.33
DISSEMINATION FEE JUL23
7/01/23 192	202307 310-51300-51000	*	.15
OFFICE SUPPLIES
7/01/23 192	202307 310-51300-42000	*	35.95
POSTAGE
7/01/23 193	202307 320-53800-12000	*	1,312.50
FIELD MANAGEMENT JUL23
GOVERNMENTAL MANAGEMENT SERVICES	5,169.43 000805
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00005	7/06/23 3071	202305 310-51300-31200	*	550.00
SERIES 2015 ARBITRAGE
LLS TAX SOLUTIONS INC.	550.00 000806
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/19/23 00023	6/30/23 161647	202305 320-53800-46400	*	1,488.64
RPLC BROKEN HEADS/NOZZLES
DOWN TO EARTH LAWNCARE II, INC	1,488.64 000807
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/19/23 00016	7/05/23 118652	202306 310-51300-31500	*	216.18
PRP ETHIC TRAIN/REV.ATRNY
LATHAM,LUNA,EDEN & BEAUDINE,LLP	216.18 000808
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	220,648.29
TOTAL FOR REGISTER	220,648.29

SHIN SHINGLE CREEK	TVISCARRA

Section 2

Shingle Creek
Community Development District

Unaudited Financial Reporting

June 30, 2023

Table of Contents

1	Balance Sheet

2	General Fund Income Statement

3	Capital Reserve Fund

4	Debt Service Fund Series 2015

5	Debt Service Fund Series 2019

6	Month to Month

7	Long Term Debt Summary

8	FY23 Assessment Receipt Schedule

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
June 30, 2023

	General
Fund	Capital Reserve
Fund	Debt Service
Fund		Totals
2023	

ASSETS:
CASH
OPERATING ACCOUNT - SUNTRUST	

$230,992	

$222,993	

---		

$453,985	
STATE BOARD OF ADMINISTRATION	$209,434	$446,300	---		$655,734	
ASSESSMENT RECEIVABLE	---	---	---		$0	
DEPOSITS INVESTMENTS
SERIES 2015	$6,131	---	---		$6,131	
RESERVE	---	---	$725,341		$725,341	
REVENUE	---	---	$1,180,417		$1,180,417	
INTEREST	---	---	$1,275		$1,275	
REDEMPTION	---	---	$1,672		$1,672	
SINKING FUND SERIES 2019
RESERVE	---

---	---

---	$174

$573,471		$174

$573,471	
REVENUE	---	---	$513,306		$513,306	
INTEREST	---	---	$1,624		$1,624	
REDEMPTION	---	---	$753		$753	
SINKING FUND	---	---	$1,329		$1,329	
TOTAL ASSETS	$446,557	$669,293	$2,999,361		$4,115,211	

LIABILITIES:
ACCOUNTS PAYABLE	

$2,255	

---	

---		

$2,255	
FUND EQUITY:
FUND BALANCES:
RESTRICTED FOR DEBT SERVICE 2015	

---	

---	

$1,908,878		

$1,908,878	
RESTRICTED FOR DEBT SERVICE 2019	---	---	$1,090,482		$1,090,482	
UNASSIGNED	$444,302	$669,293	---		$1,113,595	
TOTAL LIABILITIES & FUND EQUITY	$446,557	$669,293	$2,999,361		$4,115,211	

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
ASSESSMENTS - TAX ROLL	$695,074	$695,074	$699,899	$4,825	
INTEREST	$0	$0	$4,434	$4,434	
MISCELLANEOUS INCOME	$0	$0	$17	$17	
TOTAL REVENUES	$695,074	$695,074	$704,350	$9,276	
EXPENDITURES:					
ADMINISTRATIVE:					
SUPERVISOR FEES	$12,000	$9,000	$2,400	$6,600	
FICA EXPENSE	$918	$689	$184	$505	
ENGINEERING	$15,000	$11,250	$3,254	$7,996	
ATTORNEY	$25,000	$18,750	$2,864	$15,886	
ARBITRAGE	$1,100	$1,100	$1,100	$0	
DISSEMINATION	$7,000	$5,250	$5,250	$0	
ANNUAL AUDIT	$4,800	$4,800	$4,800	$0	
TRUSTEE FEES	$7,000	$7,000	$7,000	$0	
ASSESSMENT ADMINISTRATION	$5,000	$3,750	$5,000	($1,250)	
MANAGEMENT FEES	$36,750	$27,563	$27,563	$0	
INFORMATION TECHNOLOGY	$1,300	$975	$975	$0	
WEBSITE MAINTENANCE	$800	$600	$600	($0)	
TELEPHONE	$200	$150	$0	$150	
POSTAGE	$500	$375	$85	$290	
PRINTING & BINDING	$500	$375	$106	$269	
INSURANCE	$12,000	$12,000	$10,694	$1,306	
LEGAL ADVERTISING	$2,500	$1,875	$0	$1,875	
OTHER CURRENT CHARGES	$500	$375	$416	($41)	
OFFICE SUPPLIES	$200	$150	$2	$148	
PROPERTY APPRAISER	$900	$900	$1,028	($128)	
PROPERTY TAXES	$700	$525	$637	($112)	
DUES, LICENSES & SUBSCRIPTIONS	$175	$175	$175	$0	
FIELD:					
FIELD SERVICES	$15,750	$11,813	$11,813	$0	
ELECTRIC	$10,000	$7,500	$7,085	$415	
STREETLIGHTS	$95,000	$71,250	$71,907	($657)	
WATER & SEWER	$34,500	$25,875	$11,960	$13,915	
LANDSCAPE MAINTENANCE	$290,000	$217,500	$201,010	$16,490	
LANDSCAPE CONTINGENCY	$15,000	$11,250	$27,932	($16,682)	
PROPERTY INSURANCE	$13,200	$13,200	$12,076	$1,124	
LONDON CREEK RANCH MAINTENANCE	$30,600	$22,950	$21,400	$1,550	
LAKE MAINTENANCE	$17,000	$12,750	$11,925	$825	
LAKE CONTINGENCY	$1,250	$938	$0	$938	
DRAINAGE R&M	$2,500	$1,875	$0	$1,875	
IRRIGATION REPAIRS	$15,000	$11,250	$17,250	($6,000)	
LIGHTING MAINTENANCE	$1,810	$1,358	$1,965	($608)	
REPAIRS & MAINTENANCE	$10,000	$7,500	$325	$7,175	
PRESSURE WASHING	$10,000	$7,500	$0	$7,500	
CONTINGENCY	$7,500	$5,625	$0	$5,625	
TRANSFER OUT - CAPITAL RESERVE	$174,436	$174,436	$174,436	$0	
TOTAL EXPENDITURES	$878,389	$712,195	$645,217	$66,977	
					
EXCESS REVENUES (EXPENDITURES)	($183,315)		$59,132		
					
FUND BALANCE - BEGINNING	$183,315		$385,170		
					
FUND BALANCE - ENDING	$0		$444,302		

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT CAPITAL RESERVE FUND
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
TRANSFER IN	$174,436	$174,436	$174,436	$0	
INTEREST	$1,200	$900	$15,055	$14,155	
TOTAL REVENUES	$175,636	$175,336	$189,491	$14,155	
EXPENDITURES:					
CONTINGENCY	$0	$0	$15	($15)	
CAPITAL OUTLAY	$47,765	$35,824	$0	$35,824	
TOTAL EXPENDITURES	$47,765	$35,824	$15	$35,809	
					
EXCESS REVENUES (EXPENDITURES)	$127,871		$189,476		
					
FUND BALANCE - BEGINNING	$444,724		$479,817		
					
FUND BALANCE - ENDING	$572,595		$669,293		

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2015 DEBT SERVICE FUND
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
ASSESSMENTS - TAX ROLL	$1,434,037	$1,434,037	$1,443,998	$9,961	
INTEREST	$1,200	$900	$55,882	$54,982	
TOTAL REVENUES	$1,435,237	$1,434,937	$1,499,880	$64,943	
EXPENDITURES:					
INTEREST - 11/1	$499,730	$499,730	$499,730	$0	
PRINCIPAL - 11/1	$430,000	$430,000	$430,000	$0	
INTEREST - 05/1	$490,055	$490,055	$490,055	$0	
TOTAL EXPENDITURES	$1,419,785	$1,419,785	$1,419,785	$0	
					
EXCESS REVENUES (EXPENDITURES)	$15,452		$80,095		
					
FUND BALANCE - BEGINNING	$1,094,222		$1,828,784		
					
FUND BALANCE - ENDING	$1,109,674		$1,908,878		

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT

SERIES 2019 DEBT SERVICE FUND
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
ASSESSMENTS - TAX ROLL	$1,133,601	$1,133,601	$1,141,475	$7,874	
INTEREST	$750	$563	$39,250	$38,687	
TOTAL REVENUES	$1,134,351	$1,134,164	$1,180,724	$46,561	
EXPENDITURES:					
INTEREST - 11/1	$403,253	$403,253	$403,253	$0	
PRINCIPAL - 5/1	$330,000	$330,000	$330,000	$0	
INTEREST - 05/1	$403,253	$403,253	$403,253	$0	
TOTAL EXPENDITURES	$1,136,506	$1,136,506	$1,136,506	$0	
					
EXCESS REVENUES (EXPENDITURES)	($2,155)		$44,218		
					
FUND BALANCE - BEGINNING	$467,509		$1,046,264		
					
FUND BALANCE - ENDING	$465,354		$1,090,482		

Shingle Creek
Community Development District

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
REVENUES:														
ASSESSMENTS - TAX ROLL	$0	$81,575	$512,985	$19,097	$26,808	$11,493	$20,464	$8,412	$19,065	$0	$0	$0	$699,899	
INTEREST	$0	$0	$0	$0	$310	$1,428	$860	$922	$913	$0	$0	$0	$4,434	
MISCELLANEOUS INCOME	$0	$0	$0	$0	$0	$0	$17	$0	$0	$0	$0	$0	$17	
TOTAL REVENUES	$0	$81,575	$512,985	$19,097	$27,118	$12,922	$21,341	$9,334	$19,979	$0	$0	$0	$704,350	

EXPENDITURES:														
ADMINISTRATIVE:														
SUPERVISOR FEES	$600	$600	$0	$0	$0	$600	$0	$600	$0	$0	$0	$0	$2,400	
FICA EXPENSE	$46	$46	$0	$0	$0	$46	$0	$46	$0	$0	$0	$0	$184	
ENGINEERING	$1,594	$430	$255	$190	$190	$190	$405	$0	$0	$0	$0	$0	$3,254	
ATTORNEY	$625	$530	$0	$488	$0	$511	$106	$388	$216	$0	$0	$0	$2,864	
ARBITRAGE	$0	$0	$0	$0	$550	$0	$0	$550	$0	$0	$0	$0	$1,100	
DISSEMINATION	$583	$583	$583	$583	$583	$583	$583	$583	$583	$0	$0	$0	$5,250	
ANNUAL AUDIT	$0	$0	$0	$0	$2,688	$2,112	$0	$0	$0	$0	$0	$0	$4,800	
TRUSTEE FEES	$0	$0	$3,500	$0	$0	$3,500	$0	$0	$0	$0	$0	$0	$7,000	
ASSESSMENT ADMINISTRATION	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000	
MANAGEMENT FEES	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$0	$0	$0	$27,563	
INFORMATION TECHNOLOGY	$108	$108	$108	$108	$108	$108	$108	$108	$108	$0	$0	$0	$975	
WEBSITE MAINTENANCE	$67	$67	$67	$67	$67	$67	$67	$67	$67	$0	$0	$0	$600	
TELEPHONE	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
POSTAGE	$3	$16	$23	$2	$14	$3	$6	$12	$5	$0	$0	$0	$85	
PRINTING & BINDING	$8	$3	$19	$0	$0	$0	$68	$0	$9	$0	$0	$0	$106	
INSURANCE	$10,694	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$10,694	
LEGAL ADVERTISING	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
OTHER CURRENT CHARGES	$39	$39	$39	$74	$39	$39	$69	$39	$39	$0	$0	$0	$416	
OFFICE SUPPLIES	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2	
PROPERTY APPRAISER	$0	$0	$0	$0	$0	$1,028	$0	$0	$0	$0	$0	$0	$1,028	
PROPERTY TAXES	$0	$637	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$637	
DUES, LICENSES & SUBSCRIPTIONS	$175	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175	
FIELD:														
FIELD SERVICES	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$0	$0	$0	$11,813	
ELECTRIC	$752	$651	$857	$687	$866	$850	$841	$789	$791	$0	$0	$0	$7,085	
STREETLIGHTS	$7,627	$7,644	$7,712	$7,632	$7,676	$7,691	$8,692	$8,616	$8,616	$0	$0	$0	$71,907	
WATER & SEWER	$1,431	$1,331	$1,395	$1,179	$1,140	$976	$1,484	$1,481	$1,543	$0	$0	$0	$11,960	
LANDSCAPE MAINTENANCE	$18,985	$22,781	$22,781	$22,556	$22,781	$22,781	$22,781	$22,781	$22,781	$0	$0	$0	$201,010	
LANDSCAPE CONTINGENCY	$0	$6,955	$0	$3,222	$2,973	$2,850	$7,951	$0	$3,982	$0	$0	$0	$27,932	
PROPERTY INSURANCE	$12,076	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$12,076	
LONDON CREEK RANCH MAINTENANCE	$0	$0	$0	$0	$0	$10,700	$0	$10,700	$0	$0	$0	$0	$21,400	
LAKE MAINTENANCE	$1,325	$1,325	$1,325	$1,325	$1,325	$1,325	$1,325	$1,325	$1,325	$0	$0	$0	$11,925	
LAKE CONTINGENCY	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
DRAINAGE R&M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
IRRIGATION REPAIRS	$2,526	$2,229	$2,482	$5,707	$1,297	$0	$0	$3,009	$0	$0	$0	$0	$17,250	
LIGHTING MAINTENANCE	$0	$0	$1,965	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,965	
REPAIRS & MAINTENANCE	$0	$0	$0	$0	$325	$0	$0	$0	$0	$0	$0	$0	$325	
PRESSURE WASHING	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
CONTINGENCY	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
TRANSFER OUT - CAPITAL RESERVE	$0	$0	$0	$0	$174,436	$0	$0	$0	$0	$0	$0	$0	$174,436	
TOTAL EXPENDITURES	$68,640	$50,351	$47,486	$48,196	$221,434	$60,337	$48,862	$55,469	$44,442	$0	$0	$0	$645,217	
														
EXCESS REVENUES/(EXPENDITURES)	($68,640)	$31,224	$465,499	($29,099)	($194,315)	($47,415)	($27,522)	($46,135)	($24,464)	$0	$0	$0	$59,132	

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT LONG TERM DEBT REPORT

SERIES 2015, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	3.625%, 4.500%, 5.125%, 5.400%	
MATURITY DATE:	11/1/2045	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$716,689	
RESERVE FUND BALANCE	$725,341	
BONDS OUTSTANDING - 9/30/15	$21,465,000	
LESS: PRINCIPAL PAYMENT 11/1/16	($345,000)	
LESS: PRINCIPAL PAYMENT 11/1/17	($360,000)	
LESS: PRINCIPAL PAYMENT 11/1/18	($370,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($385,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($400,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($415,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($430,000)	
CURRENT BONDS OUTSTANDING	$18,760,000	

SERIES 2019, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	3.625%, 4.000%, 4.750%, 5.000%	
MATURITY DATE:	5/1/2049	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$566,645	
RESERVE FUND BALANCE	$573,471	
BONDS OUTSTANDING - 2/27/19	$17,895,000	
LESS: PRINCIPAL PAYMENT 05/1/20	($295,000)	
LESS: PRINCIPAL PAYMENT 05/1/21	($305,000)	
LESS: PRINCIPAL PAYMENT 05/1/22	($320,000)	
CURRENT BONDS OUTSTANDING	$16,975,000	

SHINGLE CREEK
COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT RECEIPTS - FY2023 TAX COLLECTOR

GROSS ASSESSMENTS $ NET ASSESSMENTS $

3,470,966 $
3,262,708 $

739,437 $
695,071 $

1,525,571 $
1,434,037 $

1,205,958
1,133,601

DATE RECEIVED	
DIST.	GROSS ASSESSMENTS RECEIVED	DISCOUNTS/ PENALTIES	COMMISSIONS PAID	INTEREST INCOME	NET AMOUNT RECEIVED	GENERAL FUND 21.30%	2015
DEBT SERVICE 43.95%	2019
DEBT SERVICE 34.74%	TOTAL 100%	
11/18/22	ACH	$	31,511.26	$  1,546.84	$	599.29	$	-	$  29,365.13	$	6,255.80	$  12,906.66	$  10,202.67	$	29,365.13	
11/22/22	ACH	$	375,799.98	$ 15,031.38	$	7,215.37	$	-	$ 353,553.23	$	75,319.17	$ 155,394.95	$ 122,839.11	$ 353,553.23	
12/9/22	ACH	$	2,463,852.92	$ 98,550.46	$  47,306.04	$	-	$ 2,317,996.42	$	493,814.11	$ 1,018,813.85	$ 805,368.45	$ 2,317,996.42	
12/9/22	ACH	$	1,224.70	$	10.76	$	24.28	$	-	$	1,189.66	$	253.44	$	522.88	$	413.34	$	1,189.66	
12/22/22	ACH	$	93,868.92	$  3,256.93	$	1,812.27	$	-	$  88,799.72	$	18,917.44	$  39,029.56	$  30,852.72	$	88,799.72	
1/10/23	ACH	$	75,939.38	$  2,289.07	$	1,472.99	$	-	$  72,177.32	$	15,376.29	$  31,723.63	$  25,077.41	$	72,177.32	
1/10/23	ACH	$	16,562.05	$	471.36	$	321.81	$	-	$  15,768.88	$	3,359.32	$	6,930.79	$	5,478.77	$	15,768.88	
1/24/23	ACH	$	-	$	-	$	-	$	1,695.09	$	1,695.09	$	361.11	$	745.03	$	588.94	$	1,695.09	
2/9/23	ACH	$	1,115.90	$	-	$	22.32	$	-	$	1,093.58	$	232.97	$	480.65	$	379.96	$	1,093.58	
2/9/23	ACH	$	130,138.80	$  2,847.71	$	2,545.82	$	-	$ 124,745.27	$	26,575.09	$  54,828.48	$  43,341.70	$ 124,745.27	
3/10/23	ACH	$	55,640.44	$	588.76	$	1,101.03	$	-	$  53,950.65	$	11,493.37	$  23,712.58	$  18,744.70	$	53,950.65	
4/11/23	ACH	$	81,321.24	$	-	$	1,626.45	$	-	$  79,694.79	$	16,977.77	$  35,027.73	$  27,689.29	$	79,694.79	
4/11/23	ACH	$	16,276.27	$	-	$	325.50	$	-	$  15,950.77	$	3,398.07	$	7,010.74	$	5,541.96	$	15,950.77	
4/24/23	ACH	$	-	$	-	$	-	$	412.78	$	412.78	$	87.94	$	181.43	$	143.42	$	412.78	
5/10/23	ACH	$	39,696.68	$	-	$	793.93	$	-	$  38,902.75	$	8,287.64	$  17,098.67	$  13,516.43	$	38,902.75	
5/10/23	ACH	$	594.46	$	-	$	11.89	$	-	$	582.57	$	124.11	$	256.05	$	202.41	$	582.57	
6/12/23	ACH	$	21,364.14	$	-	$	427.29	$	-	$  20,936.85	$	4,460.28	$	9,202.24	$	7,274.33	$	20,936.85	
6/12/23	ACH	$	1,165.60	$	-	$	23.31	$	-	$	1,142.29	$	243.35	$	502.06	$	396.88	$	1,142.29	
6/16/23	ACH	$	68,789.31	$	-	$	1,375.79	$	-	$  67,413.52	$	14,361.43	$  29,629.82	$  23,422.26	$	67,413.52	
		$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
TOTALS		$	3,474,862.05	$ 124,593.27	$  67,005.38	$	2,107.87	$ 3,285,371.27	$	699,898.71	$ 1,443,997.82	$ 1,141,474.75	$ 3,285,371.27	

Section 3

Shingle Creek Community Development District
$21,465,000 Shingle Creek Community Development District (Osceola County, Florida) Special Assessment Bonds, Series 2015

For the period ended May 27, 2023

  
Tax - Exempt Bond Services

LLS Tax Solutions Inc. 2172 W. Nine Mile Rd. #352
Pensacola, FL 32534
Telephone: 850-754-0311 Email: liscott@llstax.com

July 6, 2023

Shingle Creek Community Development District c/o Governmental Management Services-CF, LLC 1408 Hamlin Avenue, Unit E
St. Cloud, Florida 34771

Re: $21,465,000 Shingle Creek Community Development District (Osceola County, Florida) Special Assessment Bonds, Series 2015 (“Bonds”)

Shingle Creek Community Development District (“Client”) has requested that we prepare certain computations related to the above-described Bonds for the period ended May 27, 2023 (“Computation Period”). The scope of our engagement consisted of the preparation of computations to determine the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1986, as amended (“Code”), and this report is not to be used for any other purpose.

In order to prepare these computations, we were provided by the Client with and have relied upon certain closing documents for the Bonds and investment earnings information on the proceeds of the Bonds during the Computation Period. The attached schedule is based upon the aforementioned information provided to us. The assumptions and computational methods we used in the preparation of the schedule are described in the Summary of Notes, Assumptions, Definitions and Source Information. A brief description of the schedule is also attached.

The results of our computations indicate a negative Cumulative Rebate Requirement of $(2,744,712.67) at May 27, 2023. As such, no amount must be on deposit in the Rebate Fund.

As specified in the Form 8038G, the calculations have been performed based upon a Bond Yield of 5.3292%. Accordingly, we have not recomputed the Bond Yield.

The scope of our engagement was limited to the preparation of a mathematically accurate Rebate Requirement for the Bonds for the Computation Period based on the information provided to us. The Rebate Requirement has been determined as described in the Code, and regulations promulgated thereunder (“Regulations”). We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report.

LLS Tax Solutions Inc.

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

Shingle Creek Community Development District July 6, 2023
$21,465,000 (Osceola County, Florida) Special Assessment Bonds, Series 2015 For the period ended May 27, 2023

NOTES AND ASSUMPTIONS

The issue date of the Bonds is May 28, 2015.

The end of the first Bond Year for the Bonds is May 27, 2016.

Computations of yield are based upon a 31-day month, a 360-day year and semiannual compounding.

We have assumed that the only funds and accounts relating to the Bonds that are subject to rebate under Section 148(f) of the Code are shown in the attached schedule.

For investment cash flow purposes, all payments and receipts are assumed to be paid or received, respectively, as shown in the attached schedule. In determining the Rebate Requirement for the Bonds, we have relied on information provided by you without independent verification, and we can therefore express no opinion as to the completeness or suitability of such information for such purposes. In addition, we have undertaken no responsibility to review the tax-exempt status of interest on the Bonds.

We have assumed that the purchase and sale prices of all investments as represented to us are at fair market value, exclusive of brokerage commissions, administrative expenses, or similar expenses, and representative of arms’ length transactions that did not artificially reduce the Rebate Requirement for the Bonds, and that no “prohibited payments” occurred and no “imputed receipts” are required with respect to the Bonds.

Ninety percent (90%) of the Rebate Requirement as of the next “computation date” (“Next Computation Date”) is due to the United States Treasury not later than 60 days thereafter (“Next Payment Date”). (An issuer may select any date as a computation date, as long as the first computation date is not later than five years after the issue date, and each subsequent computation date is no more than five years after the previous computation date.) No other payment of rebate is required prior to the Next Payment Date. The Rebate Requirement as of the Next Computation Date will not be the Rebate Requirement reflected herein, but will be based on future computations that will include the period ending on the Next Computation Date. If all of the Bonds are retired prior to what would have been the Next Computation Date, one hundred percent (100%) of the unpaid Rebate Requirement computed as of the date of retirement will be due to the United States Treasury not later than 60 days thereafter.

For purposes of determining what constitutes an “issue” under Section 148(f) of the Code, we have assumed that the Bonds constitute a single issue and are not required to be aggregated with any other bonds.

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

Shingle Creek Community Development District July 6, 2023
$21,465,000 (Osceola County, Florida) Special Assessment Bonds, Series 2015 For the period ended May 27, 2023

NOTES AND ASSUMPTIONS (cont’d)

The accrual basis of accounting has been used to calculate earnings on investments. Earnings accrued but not received at the last day of the Computation Period are treated as though received on that day. For investments purchased at a premium or a discount (if any), amortization or accretion is included in the earnings accrued at the last day of the Computation Period. Such amortization or accretion is computed in such a manner as to result in a constant rate of return for such investment. This is equivalent to the “present value” method of valuation that is described in the Regulations.

No provision has been made in this report for any debt service fund. Under Section 148(f)(4)(A) of the Code, a “bona fide debt service fund” for public purpose bonds issued after November 10, 1988, is not subject to rebate if the average maturity of the issue of bonds is at least five years and the rates of interest on the bonds are fixed at the issue date. It appears and has been assumed that the debt service fund allocable to the Bonds qualifies as a bona fide debt service fund, and that this provision applies to the Bonds.

The Bonds are being issued to provide funds to the District that will be used, together with other funds, to: (i) pay the costs of certain stormwater management and control facilities, including, but not limited to, related earthwork; onsite and offsite roadway improvements, including, but not limited to, landscaping and irrigation in public rights of way; entrance features; reclaimed water facilities and related incidental costs (ii) fund capitalized interest on the Bonds through November 1, 2015, (iii) fund the Series 2015 Reserve Account of the Reserve Fund in an amount equal to the Series 2015 Reserve Requirement, and (iv) pay the costs of issuance of the Bonds.

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

Shingle Creek Community Development District July 6, 2023
$21,465,000 (Osceola County, Florida) Special Assessment Bonds, Series 2015 For the period ended May 27, 2023

DEFINITIONS

Bond Year: Each one-year period that ends on the day selected by the Client. The first and last Bond Years may be shorter periods.

Bond Yield: The yield that, when used in computing the present value (at the issue date of the Bonds) of all scheduled payments of principal and interest to be paid over the life of the Bonds, produces an amount equal to the Issue Price.

Allowable Earnings: The amount that would have been earned if all nonpurpose investments were invested at a rate equal to the Bond Yield, which amount is determined under a future value method described in the Regulations.

Computation Date Credit: A credit allowed by the Regulations as a reduction to the Rebate Requirement on certain prescribed dates.

Rebate Requirement: The excess of actual earnings over Allowable Earnings and Computation Date Credits.

Issue Price: Generally, the initial offering price at which a substantial portion of the Bonds is sold to the public. For this purpose, 10% is a substantial portion.

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

Shingle Creek Community Development District July 6, 2023
$21,465,000 (Osceola County, Florida) Special Assessment Bonds, Series 2015 For the period ended May 27, 2023

SOURCE INFORMATION

Bonds	Source

Closing Date	Form 8038G

Bond Yield	Form 8038G

Investments	Source

Principal and Interest Receipt Amounts	Trust Statements and Dates

Investment Dates and Purchase Prices	Trust Statements

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

Shingle Creek Community Development District July 6, 2023
$21,465,000 (Osceola County, Florida) Special Assessment Bonds, Series 2015 For the period ended May 27, 2023

DESCRIPTION OF SCHEDULE

SCHEDULE 1 - REBATE REQUIREMENT CALCULATION

Schedule 1 sets forth the amount of interest receipts and gains/losses on sales of investments and the calculation of the Rebate Requirement.

$21,465,000 SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT (OSCEOLA COUNTY, FLORIDA)	
SPECIAL ASSESSMENT BONDS, SERIES 2015	

SCHEDULE 1 - REBATE REQUIREMENT CALCULATION

5	/	28	/	2015	
5	/	28	/	2020	
5	/	27	/	2023	

ISSUE DATE	
BEGINNING OF COMPUTATION PERIOD	
COMPUTATION DATE	

 FUND/ACCOUNT		
BEGINNING BALANCE	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	
ACQUISITION/CONSTRUCTION ACCT	

	DATE	
5 /  28 /  2020
6 /	1 /  2020
7 /	1 /  2020
8 /	3 /  2020
9 /	1 /  2020
10 /	1 /  2020
11 /	2 /  2020
12 /	1 /  2020
1 /	4 /  2021
2 /	1 /  2021
2 /  23 /  2021
3 /	1 /  2021
3 /	2 /  2021

INVESTMENT VALUE AT

EARNINGS	
ON	
 INVESTMENTS 	
0.00	
0.15	
0.10	
0.08	
0.03	
0.01	
0.01	
0.01	
0.01	
0.01	
0.00	
0.01	
       0.00 	
       0.42 	
0.00	
(106.02)	
67.85	
43.40	
33.84	
13.00	
5.90	
0.00	
6.09	
5.89	
6.09	
6.09	
5.50	
6.09	
0.00	
5.89	
6.09	
5.89	
6.09	
6.09	
5.89	
0.00	
6.09	

OTHER	
DEPOSITS	
 (WITHDRAWALS)	
1,616.49	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(1,616.90)	
0.00	
	(0.01)	
	(0.42)	
717,411.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(773.69)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(35.56)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(36.14)	
0.00	

FUTURE VALUE	
AT BOND YIELD	
	5.3292%		
1,892.49	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(1,821.08)	
0.00	
	(0.01)	
	71.40 	
839,902.55	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(887.97)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(39.75)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(39.31)	
0.00	

ALLOWABLE	
  EARNINGS		
276.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(204.18)	
0.00	
       0.00 	
       71.82 	
122,491.55	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(114.28)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(4.19)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(3.17)	
0.00	

 COMPUTATION DATE 

 	
	0.00

5	/	28	/	2020	
5	/	28	/	2020	
6	/	1	/	2020	
7	/	1	/	2020	
8	/	3	/	2020	
9	/	1	/	2020	
10	/	1	/	2020	
10	/	14	/	2020	
11	/	2	/	2020	
12	/	1	/	2020	
1	/	4	/	2021	
2	/	1	/	2021	
3	/	1	/	2021	
4	/	1	/	2021	
4	/	15	/	2021	
5	/	3	/	2021	
6	/	1	/	2021	
7	/	1	/	2021	
8	/	2	/	2021	
9	/	1	/	2021	
10	/	1	/	2021	
10	/	22	/	2021	
11	/	1	/	2021	

 	
BEGINNING BALANCE	
INTEREST ACCRUAL REVERSAL	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	

$21,465,000 SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT (OSCEOLA COUNTY, FLORIDA)	
SPECIAL ASSESSMENT BONDS, SERIES 2015	

SCHEDULE 1 - REBATE REQUIREMENT CALCULATION

5	/	28	/	2015	
5	/	28	/	2020	
5	/	27	/	2023	

ISSUE DATE	
BEGINNING OF COMPUTATION PERIOD	
COMPUTATION DATE	

 FUND/ACCOUNT		
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
RESERVE ACCOUNT	
INTEREST ACCRUAL	

	DATE	
12 /	1 /  2021
12 /	2 /  2021
1 /	3 /  2022
2 /	1 /  2022
3 /	1 /  2022
4 /	1 /  2022
4 /  20 /  2022
5 /	2 /  2022
6 /	1 /  2022
7 /	1 /  2022
8 /	1 /  2022
9 /	1 /  2022
10 /	3 /  2022
10 /  27 /  2022
11 /	1 /  2022
12 /	1 /  2022
1 /	3 /  2023
2 /	1 /  2023
3 /	1 /  2023
4 /	3 /  2023
4 /  11 /  2023
5 /	1 /  2023
5 /  27 /  2023

INVESTMENT VALUE AT

EARNINGS	
ON	
 INVESTMENTS 	
5.89	
7.17	
6.09	
6.09	
5.50	
36.79	
0.00	
84.14	
312.61	
545.78	
827.74	
1,213.69	
1,364.92	
0.00	
1,730.86	
2,056.22	
2,364.28	
2,551.07	
2,471.01	
2,810.54	
0.00	
2,807.15	
     2,487.74 	
     23,831.03 	
     23,831.45 	

OTHER	
DEPOSITS	
 (WITHDRAWALS)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(42.72)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(3,020.75)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(12,538.36)	
0.00	
	0.00 	
	700,963.78 	
	700,963.36 	

FUTURE VALUE	
AT BOND YIELD	
	5.3292%		
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(45.27)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(3,114.86)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(12,622.91)	
0.00	
	0.00 	
	823,152.48 	
	823,223.88 	

ALLOWABLE	
  EARNINGS		
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(2.55)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(94.11)	
0.00	
0.00	
0.00	
0.00	
0.00	
0.00	
(84.55)	
0.00	
       0.00 	
    122,188.70 	
    122,260.52 	

 COMPUTATION DATE 

 	
	724,794.81 
	724,794.81 

ACTUAL EARNINGS	
ALLOWABLE EARNINGS	

23,831.45
	122,260.52 

REBATE REQUIREMENT	
FUTURE VALUE OF 5/27/2020 CUMULATIVE REBATE REQUIREMENT	
FUTURE VALUE OF 5/27/2021 COMPUTATION DATE CREDIT	
FUTURE VALUE OF 5/27/2022 COMPUTATION DATE CREDIT	
COMPUTATION DATE CREDIT	

(98,429.07)	
(2,640,417.34)	
(1,977.44)	
(1,928.82)	
     (1,960.00)	

CUMULATIVE REBATE REQUIREMENT		(2,744,712.67)

Section 4

1ARY JANE ARRINGTON
OSCEOLA COUNTY SUPERVISOR OF ELECTIONS

April 25, 2023

Ms. Stacie Vanderbilt Recording Secretary
Shingle Creek Community Development District 219 E. Livingston St.
Orlando, FL 32801

RE:	Shingle Creek Community Development District - Registered Voters Dear Ms. Vanderbilt:
Thank you for your letter requesting confirmation of the number of registered voters within the Shingle Creek Community Development District as of April 15, 2023.

The number of registered voters within the Shingle Creek CDD is 909 as of April 15, 2023. If I can be of further assistance, please contact me at 407.742.6000.
Respectfully yours,
·a +
Mary Jane Arrington
Supervisor of Elections

APR 2 8 2023

-

= 	CMS-CF,LLC
----.,'--- 

2509 East Irlo Bronson Memorial Highway • Kissimmee, FL 34744 407.742.6000 • Fax: 407.742.6001 • www.voteosceola.com

Section 5

BOARD OF SUPERVISORS MEETING DATES SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2024

The Board of Supervisors of the Shingle Creek Community Development District will hold their regular meetings for Fiscal Year 2024 at 12:00 p.m., at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896, on the first Monday of every other month, unless otherwise indicated, as follows:

October 2, 2023
December 4, 2023
February 5, 2024
April 1, 2024
June 3, 2024
August 5, 2024

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from the District Manager, Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, FL 32801 or by calling (407) 841-5524.

There may be occasions when one or more Supervisors or staff will participate by speaker telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

George S. Flint District Manager
Governmental Management Services – Central Florida, LLC