Lake Ashton Community Development District

Meeting Agenda
July 13, 2020

Lake Ashton                Community Development District
http://lakeashtoncdd.com/

Mike Costello, Chairman Borden Deane, Vice Chairman
Bob Ference, Assistant Secretary Robert Plummer, Assistant Secretary Harry Krumrie, Assistant Secretary

July 13, 2020
-.	--	-

Lake Ashton
Community Development District

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

July 6, 2020

Board of Supervisors Lake Ashton
Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Lake Ashton Community Development District will be held Monday, July 13, 2020 at 10:00 AM via Zoom Teleconference. The Board of Supervisors and members of the public may attend and participate in the meeting utilizing the following options from your computer, tablet or smartphone. To participate using video, please go to the link  address  below.  To participate by telephone, please use the call-in number below and enter the Meeting ID when prompted. Members of the public are further encouraged to submit comments or questions in advance of the meeting by email to jburns@gmscfl.com, or by telephone by calling (407) 841-5524, up until 2:00 PM on Friday, July 10, 2020.

Zoom Video Link: https://zoom.us/j/98548472845

Zoom Call-In Information: 1-646-876-9923
Meeting ID: 985 4847 2845

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call and Pledge of Allegiance
Approval of Meeting Agenda
Public Comments on Specific Items on the Agenda  (the District Manager will read    any questions or comments from members of the public in advance of the meeting; those
members of the public wanting to address the Board directly should first state his or her name and his or her address.1)
Unfinished Business
New Business/Supervisors Requests
Acceptance of the Fiscal Year 2019 Audit Report
Consideration of Request for Proposals (RFP) for Restaurant
Additional Restaurant Information (provided by Supervisor Deane)
Discussion Regarding COVID Procedures at the Clubhouse (requested by Supervisor Ference)—ADDED
Monthly Reports
Attorney
Lake Ashton Community Director
Consideration of Quotes to Replace Vanity in the Fitness Center Restrooms
Engineer
Consideration of Stormwater Repair at Dunmore and Mulligan—
ADDED
Field Operations Manager
District Manager’s Report
Financial Report
Approval of Check Run Summary
Combined Balance Sheet
Public Comments
Supervisor Requests/Supervisor Open Discussion
Adjournment

1 All comments, including those read by the District Manager, will be limited to three (3) minutes

SECTION V

SECTION A

LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT
POLK COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA

TABLE OF CONTENTS

	    Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-22	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
23	
Notes to Required Supplementary Information	24	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

25-26	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Lake Ashton Community Development District Polk County, Florida

Report on the Financial Statements
951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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

Management’s Responsibility for the Financial Statements

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

Auditor’s Responsibility

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

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

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

Opinions

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

Required Supplementary Information

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

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated June 11, 2020, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 11, 2020
MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Lake Ashton Community Development District, Polk County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2019. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $10,241,615.

The change in the District’s total net position in comparison with the prior fiscal year was ($361,307), a decrease. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2019, the District’s governmental funds reported combined ending fund balances of
$1,182,046, an increase of $104,305 in comparison with the prior fiscal year. A portion of fund balance is non-spendable for prepaid items, restricted for debt service, assigned to capital projects and subsequent year’s expenditures and the remainder is unassigned fund balance which is available for spending at the District’s discretion.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by special assessment. The District does not have any business-type activities. The governmental activities of the District include the general government (management), maintenance and culture and recreation functions.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.
OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflow of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,

2019	2018
Current and other assets
$ 1,290,749
$ 1,282,572

Capital assets, net of depreciation	 	13,792,027	14,568,170 	
Total assets	 	15,082,776	15,850,742 	
Current liabilities	201,932	304,206	
Long-term liabilities	 	4,639,229	4,943,614 	
Total liabilities	 	4,841,161	5,247,820 	
Net position		
Net investment in capital assets	9,152,798	9,624,556	
Restricted	359,024	314,920	
Unrestricted	 	729,793	663,446 	
Total net position	  $ 10,241,615	$ 10,602,922 	
GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position decreased during the most recent fiscal year. The majority of the decrease represents the extent to which the cost of operations and depreciation expense exceeded ongoing program revenues.

Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2019	2018

Revenues:
Program revenues Charges for services

$ 2,546,431

$ 2,634,983
Operating grants and contributions	1,263	1,187
Capital grants and contributions	8,192	6,909 General revenues
Unrestricted investment earnings	 	15,292	8,199 

Total revenues	 	2,571,178	2,651,278 Expenses:
General government	310,416	248,044
Maintenance and operations	819,498	674,163
Culture and recreation	1,580,602	1,598,350
Interest	 	221,969	236,365 

Total expenses	 	2,932,485	2,756,922 

Change in net position	 	(361,307)	(105,644) 

Net position - beginning	 	10,602,922	10,708,566 

Net position - ending	 $ 10,241,615	$ 10,602,922 

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2019 was $2,932,485. The costs of the District’s activities were primarily funded by program revenues. Program revenues are comprised primarily of assessments. The remainder of the current fiscal year revenue includes interest revenue and miscellaneous income. The decrease in current year revenues is primarily the result of less prepaid assessments received during the current fiscal year. The increase in current fiscal year expenses is primarily the result of the District incurring more legal fees and charges for the golf course study.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2019 was amended to increase revenues and appropriations by
$118,996. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.
CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2019, the District had $25,205,447 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $11,413,420 has been taken, which resulted in a net book value of $13,792,027. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt

At September 30, 2019, the District had $4,475,000 Bonds outstanding for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

Subsequent to fiscal year end the District partnered with Lake Ashton II Community Development District for the joint purchase and acquisition of a golf course.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Lake Ashton Community Development District’s Finance Department at 5385 N. Nob Hill Road, Sunrise, Florida 33351.
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2019

ASSETS
Cash

Governmental
 	Activities	

$	266,959
Investments	520,189
Assessments receivable	4,201
Prepaid items	39,544
Restricted assets:
Investments	459,788
Interest receivable	68
Capital assets
Nondepreciable	2,462,929	
Depreciable, net	 	11,329,098 	
Total assets	 	15,082,776 	
LIABILITIES
Accounts payable	
58,190	
Deposits payable	9,475	
Unearned revenue	41,038	
Accrued interest payable	93,229	
Non-current  liabilities:
Due  within one year	
240,000	
Due in more than one year	 	4,399,229 	
Total liabilities	 	4,841,161 	
NET ASSETS
Net investment in capital assets	
9,152,798	
Restricted for debt service	359,024	
Unrestricted	 	729,793 	
Total net position	  $	10,241,615 	

See notes to the financial statements

LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Program Revenues Operating

Capital
Net (Expense) Revenue and Changes in Net Position
Charges for
Grants and
Grants and
Governmental
Functions/Programs	 Expenses	Services	Conributions	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	310,416	$	310,416	$	-	$	-	$	-	
Maintenance and operations	819,498	1,271,110	-	8,192	459,804	
Culture and recreation	1,580,602	395,710	-	-	(1,184,892)	
Interest on long-term debt	 	221,969	569,195	1,263	-	348,489 	
Total governmental activities	 	2,932,485	2,546,431	1,263	8,192	(376,599)	
	
General revenues:	
Unrestricted investment earnings	 	15,292 	
Total general revenues	 	15,292 	
Change in net position	(361,307)	
Net position - beginning	 	10,602,922 	
Net position - ending	  $	10,241,615 	

See notes to the financial statements
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2019

 	Major Funds	
Capital

Total Governmental

ASSETS
General
Debt Service
Projects
Funds
Cash
$	229,320	$
-	$	37,639	$
266,959
Investments	258,270	459,788	261,919	979,977
Due from other funds	8,571	-	-	8,571 Accrued interest receivable		-		68	-		68
Assessments receivable	3,233	968	-	4,201
Prepaid items	 	39,544		39,544 
Total assets	 $	538,938	$	460,824	$	299,558	$	1,299,320 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	44,475	$	-	$	13,715	$	58,190	
Deposits payable	9,475	-	-	9,475	
Due to other funds	-	8,571	-	8,571	
Unearned revenue	 	41,038	-	-	41,038 
Total liabilities	 	94,988	8,571	13,715	117,274 

Fund balances:
Nonspendable:
Prepaids	39,544	-	-	39,544 Restricted for:
Debt service	-	452,253	-	452,253 Assigned to:
Subsequent year's expenditures	164,826	-		-	164,826 Capital projects		-	-	285,843	285,843
Unassigned:
General fund	 	239,580	-	-	239,580 
Total fund balances	 	443,950	452,253	285,843	1,182,046 

Total liabilities and fund balances	 $	538,938	$	460,824	$	299,558	$	1,299,320 

See notes to the financial statements
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2019

Total fund balances - governmental funds	$	1,182,046 Amounts reported for governmental activities in the statement of
net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental  funds.   The  statement  of  net  position includes
those capital assets, net of any accumulated the net position of the government as a whole.
Cost of capital assets	depreciation,	in	

25,205,447		
Accumulated depreciation			  (11,413,420) 	13,792,027	

Liabilities not due and payable from current available resources are   not    reported   as   liabilities   in   the   governmental  fund
statements.	All liabilities, both current and long-term, reported in the government-wide financial statements.
Accrued interest payable	are	

(93,229)	
Bonds payable		    (4,639,229)	(4,732,458) 	
Net position of governmental activities		$	10,241,615	

See notes to the financial statements
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

 	Major Funds		Total

General

Debt Service
Capital Projects
Governmental Funds
REVENUES			
Assessments	$	1,581,526	$	569,195	$	-	$ 2,150,721	
Rental income	61,455	-	-	61,455	
Entertainment fees	155,770	-	-	155,770	
Newsletter ad revenue	87,036	-	-	87,036	
Other revenues	91,449	-	-	91,449	
Interest	 	15,292	1,263	8,192	24,747 
Total revenues	 	1,992,528	570,458	8,192	2,571,178 

EXPENDITURES
Current:
General government	310,416	-	-	310,416
Maintenance and operations		50,540	-	194,322		244,862 Culture and recreation	1,309,184	-		-	1,309,184
Debt service:
Principal	-	295,000	-	295,000
Interest	-	237,500	-	237,500
Capital outlay	 	-	-	69,911	69,911 
Total expenditures	 	1,670,140	532,500	264,233	2,466,873 

Excess (deficiency) of revenues
over (under) expenditures	322,388	37,958	(256,041)	104,305

OTHER FINANCING SOURCES (USES)
Transfer in (out)	 	(225,650)	-	225,650	-	 Total  other financing sources (uses)	 	(225,650)	-	225,650	-	

Net  change in fund balance	96,738	37,958	(30,391)	104,305

Fund balances - beginning	 	347,212	414,295	316,234	1,077,741 

Fund balances - ending	 $	443,950	$	452,253	$	285,843	$  1,182,046 

See notes to the financial statements
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Net change in fund balances - total governmental funds	$	104,305	
Amounts reported for governmental activities in the statement of activities are different because:		
Governmental funds report capital outlays  as  expenditures;  however, the cost of capital assets is eliminated in the statement  of activities  and capitalized in the statement of net position.	

69,911	
Depreciation of capital assets is not recognized in  the governmental fund financial statements, but is reported as an expense in  the statement of activities.	

(846,054)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund financial statements, but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

295,000	
Amortization/accretion of Bond discounts/premiums is  not recognized  in the governmental fund financial statements, but is reported as an adjustment to expense in the statement of activities.	

9,385	
The change in accrued interest on long-term liabilities between the current and prior fiscal years is recorded in the statement  of activities, but not in the governmental fund financial statements.	

 	6,146 	
Change in net position of governmental activities	$	(361,307)	

See notes to the financial statements
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Lake Ashton Community Development District ("the District") (formerly Lake Myrtle Community Development District prior to a name change on February 21, 2001) was created on August 15, 2000 pursuant to Ordinance No. 2000-11 enacted by the City Commission of the City of Lake Wales, Florida, under the "Uniform Community Development District Act of 1980", otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue Bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

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

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by qualified electors of the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.

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

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment; operating-type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

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

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

Assessments
Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based upon adopted budget and levied annually at a public hearing of the District. Debt Service Assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection (Chapter 197.3632, Florida Statutes). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the Debt Service Assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

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

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

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure and repairs and maintenance within the District.

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

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).

The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a“2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Capital Assets (Continued)
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Assets	Years	
Equipment	10	
Buildings and Infrastructure	20 - 30	

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

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized ratably over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

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

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Fund Equity/Net Position (Continued)
The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain public comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.
NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate Bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2019:

 Amortized Cost	Credit Risk	Maturities	
US Bank Money Market 5 - Ct
Investment in Local Government Surplus	$	459,788	N/A	N/A
Weighted average of the	
Funds Trust Fund (Florida PRIME)	 	520,189 	AAAm	fund portfolio: 37 days	
	  $	979,977 			

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.
NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
External Investment Pool – With regard to redemption gates, Chapter 218.409(8) (a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.”

With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.

As of September 30, 2019, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.

NOTE 5 – INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS

Interfund receivables and payables at September 30, 2019 were as follows:

 Fund	Receivable	Payable	
General	$	8,571	$	-	
Debt service	 	-	8,571 	
Total	  $	8,571	$	8,571 	

The outstanding balances between funds result primarily from the time lag between the dates that transactions are recorded in the accounting system and payments between funds are made. In the case of the District, the balances between the general fund and the debt service fund relate to assessments collected in the debt service fund that have not yet been transferred to the general fund.

Interfund transfers for the fiscal year ended September 30, 2019 were as follows:

 Fund	Transfer in	Transfer Out 
General fund	$	-	$ 225,650	
Capital projects	 	225,650	-		
Total	  $   225,650	$ 225,650 	

Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the general fund to the capital projects were made to accumulate funds for future infrastructure maintenance and replacement costs.
NOTE 6 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2019 was as follows:

	Beginning	Ending
 	Balance	Additions	Reductions	Balance		
Governmental activities		
Capital assets, not being depreciated		
Land and land improvements	  $   2,462,929	$	-	$	-	$ 2,462,929 	
Total capital assets, not being depreciated	 	2,462,929	-	-	2,462,929 	

Capital assets, being depreciated		
Infrastructure - w ater control	6,633,589	-	-	6,633,589	
Infrastructure - other	2,421,451	-	-	2,421,451	
Infrastructure - roads	6,848,072	-	-	6,848,072	
Infrastructure - recreational	6,132,209	-	-	6,132,209	
Equipment	 	637,286	69,911	-	707,197 	
Total capital assets, being depreciated	 	22,672,607	69,911	-	22,742,518 	

Less accumulated depreciation for:		
Infrastructure - w ater control	2,959,776	221,120	-	3,180,896	
Infrastructure - other	1,772,764	121,073	-	1,893,837	
Infrastructure - roads	2,680,853	232,443	-	2,913,296	
Infrastructure - recreational	2,901,262	204,407	-	3,105,669	
Equipment	 	252,711	67,011	-	319,722 	
Total accumulated depreciation	 	10,567,366	846,054	-	11,413,420 	

Total capital assets, being depreciated, net	
 	12,105,241	(776,143)	-	11,329,098 	

Governmental activities capital assets, net	
   $ 14,568,170	$  (776,143)    $	-	$ 13,792,027 	

Depreciation expense was charged to the following function/programs:

Maintenance and operations	$	574,636
Culture and recreation	 	271,418 

  $	846,054 

NOTE 7 – LONG TERM LIABILITIES

On March 30, 2015, the District issued $5,115,000 Capital Improvement Revenue Refunding Bonds, Series 2015A-1, and $720,000 Capital Improvement Revenue Refunding Bonds, Series 2015A-2 (Collectively the “Series 2015 Bonds”). The Series 2015A-1 Bonds consist of $2,485,000 Term Bonds Series 2015A-1 due May 1, 2025 and $2,630,000 Term Bonds Series 2015A-1 due May 1, 2032. The Series 2015A-2 consist of
$235,000 Term Bonds Series 2015A-2 due May 1, 2015 and $485,000 Term Bonds Series 2015A-2 due May 1, 2037. The Bonds have a fixed interest rate of 5.00%. The Bonds were issued to refund to, together with other legally available moneys of the District, currently refund and redeem all the District’s outstanding Capital Improvement Revenue Bonds, Series 2001A, Capital Improvement Revenue Bonds, Series 2003A, and Capital Improvement Revenue Bonds, Series 2005A (collectively, the “Refunded Bonds”). Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2016 through May 1, 2037.

The Series 2015 Bonds are subject to redemption at the option of the District prior to maturity. The Series 2015 Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments and prepaid $65,000 of the Bonds.
NOTE 7 – LONG TERM LIABILITIES (Continued)

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2019.

Changes in long-term liability activity for the fiscal year ended September 30, 2019 were as follows:

Beginning
Ending
Due Within

Governmental activities Bonds payable:
 	Balance	Additions	Reductions	Balance	One Year 

Series 2015
$   4,770,000	$
-	$	295,000
$ 4,475,000
$ 240,000
Original Issue Premium	 	173,614	-	9,385	164,229	-	

Total	 $   4,943,614	$	-	$	304,385	$ 4,639,229	$ 240,000 

At September 30, 2019, the scheduled debt service requirements on the long-term debt were as follows:

Year ending	 	Governmental Activities	

    September 30:	Principal	Interest	Total	
2020	$	240,000	$ 223,750	$	463,750	
2021	250,000	211,750	461,750	
2022	260,000	199,250	459,250	
2023	275,000	186,250	461,250	
2024	295,000	172,500	467,500	
2025-2029	1,705,000	627,250	2,332,250	
2030-2034	1,320,000	176,000	1,496,000	
2035-2037	 	130,000	13,250	143,250 

Total	 $ 4,475,000	$ 1,810,000	$ 6,285,000 

NOTE 8 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 9 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims during the past three years.

NOTE 10 – SUBSEQUENT EVENTS

Bond Payments
Subsequent to fiscal year end, the District made prepayments totaling $90,000 on the Series 2015 Bonds. The prepayments were extraordinary mandatory redemptions as outlined in the Bond Indenture.
NOTE 10 – SUBSEQUENT EVENTS (Continued)

Golf Course Acquisition
Subsequent to fiscal year end the District partnered with Lake Ashton II Community Development District (“Lake Ashton II”) for the joint purchase and acquisition of a golf course. In accordance with the purchase the District has entered into an interlocal agreement with Lake Ashton II whereby the District has paid Lake Ashton II a sum of $115,000 at closing and will pay another $115,000 in one year from the date of closing. Both the District and Lake Ashton II will share the costs of operation and maintenance of the golf course.

Petition Filed for Eviction of Tenant
On March 20, 2020 the District filed a petition for the eviction of a tenant. The case is pending in the Court and the final outcome is unknown.
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Budgeted
 	Amounts		Actual

Variance with Final Budget - Positive
Original	Final
Amounts
(Negative)
REVENUES					
Assessments	$	1,572,079	$ 1,572,079	$	1,581,526	$	9,447	
Rental income	50,000	50,000	61,455	11,455	
Entertainment fees	130,000	155,770	155,770	-	
Newsletter ad revenue	55,000	87,036	87,036	-	
Other revenues	5,000	5,000	91,449	86,449	
Insurance proceeds	-	61,190	-	(61,190)	
Interest	 	1,000	1,000	15,292	14,292 
Total revenues	 	1,813,079	1,932,075	1,992,528	60,453 

EXPENDITURES
Current:
General government	212,631	305,680	310,416	(4,736)
Maintenance and operations	46,800	52,818	50,540	2,278
Culture and recreation	 	1,327,998	1,347,927	1,309,184	38,743 
Total expenditures	 	1,587,429	1,706,425	1,670,140	36,285 

Excess (deficiency) of revenues
over (under) expenditures	225,650	225,650	322,388	96,738

OTHER FINANCING SOURCES
Transfer out	 	(225,650)	(225,650)	(225,650)	-	
Total  other financing sources	 	(225,650)	(225,650)	(225,650)	-	

Net change in fund balance
  $	-	$	-	
96,738	$
96,738

Fund balance - beginning	 	347,212 

Fund balance - ending	 $	443,950 

See notes to required supplementary information
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2019 was amended to increase revenues and appropriations by $118,996. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.
951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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

To the Board of Supervisors
Lake Ashton Community Development District Polk County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Lake Ashton Community Development District Polk County, Florida (“District”) as of and for the fiscal year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 11, 2020.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

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

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 11, 2020
951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Lake Ashton Community Development District Polk County, Florida

We have examined Lake Ashton Community Development District, Polk County, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2019. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

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

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Lake Ashton Community Development District, Polk County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 11, 2020
951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Lake Ashton Community Development District Polk County, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Lake Ashton Community Development District, Polk County, Florida ("District") as of and for the fiscal year ended September 30, 2019, and have issued our report thereon dated June 11, 2020.

Auditor’s Responsibility

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

Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 11, 2020, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General of the state of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

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

We wish to thank Lake Ashton Community Development District, Polk County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 11, 2020
REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS

None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2018.

Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2019.

Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2019.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2019. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

SECTION B

Lake Ashton Community Development District Request for Proposals (RFP)

Lake Ashton Clubhouse Restaurant and Catering Services
Lake Ashton Community Development District (CDD) is soliciting proposals to provide catering services and operate a restaurant at the Clubhouse in Lake Wales, Florida.

Proposals must be received no later than 5:00 pm on Friday, August 7, 2020. Proposals shall be addressed to:
Christine Wells, Community Director Lake Ashton CDD
4141 Ashton Club Drive Lake Wales, FL 33859

Interested parties should submit a completed response that can be transmitted via electronic mail to the Lake Ashton CDD Board of Supervisors. Proposals can be hand-delivered, mailed or sent via electronic mail to cwells@lakeashtoncdd.com but must be received by 5:00 p.m. on Friday, August 7, 2020.

All questions and inquiries regarding the RFP should be submitted via electronic mail to cwells@lakeashtoncdd.com and received no later than Friday, July 31, 2020. All questions and answers will be provided to all proposers who pick up an RFP package. The questions and answers, when posted, become part of the RFP. Proposers are responsible to keep informed of questions and answers.

The objective of this RFP is to enter into either a management agreement or a lease agreement to provide catering and full service bar and restaurant operations at the Lake Ashton Clubhouse.

Meeting and Tour of the Facilities

All prospective proposers can tour the Clubhouse restaurant and facilities with an appointment made in advance by calling or e-mailing Christine Wells at 863.324.5457 or cwells@lakeashtoncdd.com. All tours must be scheduled prior to the question deadline.
Introduction

Lake Ashton is set in the heart of Central Florida. It is located just off Highway 27 in Lake Wales, Florida between Tampa and Orlando. This popular gated adult community which spans both Lake Wales and Winter Haven overlooks lovely Lake Ashton. The community boasts two clubhouses, two 18-hole championship golf courses and an onsite restaurant, which provides full service bar and dining opportunities. The Grand Ballroom has a large stage for hosting and catering live entertainment, large gatherings, weddings and other special events.

Lake Ashton Clubhouse

BACKGROUND AND PURPOSE:

The restaurant and Grand Ballroom banquet facility are an integral part of the Lake Ashton lifestyle, an active adult community of 3,000 residents within a planned development of up to 5,000 residents. The restaurant is enjoyed by both community residents and non-community individuals and groups; however, Lake Ashton residents are the target market. The facilities also provide various well-attended, public and private activities in both the restaurant and Grand Ballroom.

Traffic
The restaurant is conveniently located about two miles off U.S. Highway 27, a busy route with a traffic count of 36,000 cars per day. Lake Ashton is just minutes from Bok Tower Gardens, Lake Kissimmee State Park and LEGOLAND.

RESTAURANT:

The restaurant space is approximately 3987 sq. ft. and is located in the Lake Ashton Clubhouse. The restaurant seats 150 guests. Customers are able to gain access to the restaurant through the main entrance at 4141 Ashton Club Drive. The restaurant and bar offer a beautiful view of Lake Ashton with seating options in the well-appointed dining room or al fresco lakeside dining.

Parking is available immediately adjacent to the Clubhouse in the east and west lots for vehicles and special golf cart spaces are available at the entrance and in the east lot. Overflow parking is available within walking distance.

Operating Parameters: Limits and Conditions, Utility Systems and Services

The restaurant is served by separate propane gas (for kitchen equipment). The restaurant operator will be responsible for the cost of the propane. The restaurant operator is required to maintain a pest control program for the entire restaurant. The restaurant operator is also responsible for the grease collection and removal. The restaurant operator must train all staff to participate in a Clubhouse recycling program.
The restaurant operator will be responsible for coordination of routine cleaning and maintenance of all restaurant space (indoor and outdoor dining areas), catered events and restaurant and catering equipment; the appearance of the dining room must be first-class.

Professional contracts are required to provide preventative maintenance on all kitchen and bar equipment. The operator/lessee will also be responsible for managing the point of sale system.

The CDD pays utilities such as telephone, cable, vehicle parking, sewage, electricity, heating and cooling, and water which are part of the service for the entire facility. Lake Ashton CDD will provide routine cleaning of the main lobby, ballroom areas as well as the outside of the building, including sidewalks and parking lots. The CDD also maintains restroom space that is shared within the clubhouse facility. The restaurant office includes incoming telephone lines, high seed Internet and a point of sale system networked to the dining room and kitchen.

Restaurant Equipment

Lake Ashton CDD owns all furniture, fixtures, and equipment necessary to operate the restaurant, including but not limited to tables, chairs, commercial ovens, prep stations and dishwashers. CDD also owns dishes, serving ware and glassware. The kitchen is equipped with commercial equipment, including a walk in cooler/freezer and multiple cooking appliances. A complete inventory is available upon request. CDD owns and maintains a point-of-sale system including several terminals and printers.

Alcoholic Beverages

Lake Ashton CDD will permit the service of alcoholic beverages only in support of, and subordinate to, the operation of a restaurant and catering areas. Alcoholic beverages may be served in the restaurant and catering areas. Serving alcoholic beverages at the location will be subject to the lessee obtaining appropriate permits and insurance.

Type of Food & Hours of Operation

A casual yet high-quality full service restaurant and bar satisfying the Lake Ashton population is required. Breakfast, lunch, dinner and Sunday brunch are all desirable services. Restaurant offerings should include both a set menu and weekly specials with hours of operation being 7 days a week. Any changes to hours of operation will occur only with written approval from the LACDD Board of Supervisors or their designee.

The ability to efficiently execute resident to-go orders is desirable.

There is an incoming telephone line in the dining room and in the restaurant office. Staffing provision should be made to promptly respond to inquiries about dining and reservations. Office hours should also allow for obtaining signed contracts and working with the Amenity Manager on all aspects of agreement compliance.
Weekly specials, themed nights, prix fixe dining, wine dinners, entertainment on the patio, holiday parties, dinner shows and similar events hosted in the restaurant to engage residents should be planned on a monthly and annual basis. Special offerings to accommodate weekly Bingo activities, weekly RV gatherings and other groups should be planned.

Restaurant staff should promote sales and food and beverage service to residents and guests using the Clubhouse amenities including the pool, card rooms, cinema and bowling alley.

Restaurant and staff should have a professional attitude and appearance and be skilled in tactfully resolving resident and guest concerns. All employees are required to have a criminal background check prior to hiring and only those with acceptable results (to be determined though an agreement with Lake Ashton CDD Board of Supervisors) should be offered a position working in the Clubhouse.

The restaurant operator/lessee will participate in actively promoting the restaurant to both internal customers (residents) and to the East Polk community. Submission of information for a monthly resident newsletter, email communication, and presentation of information at new resident orientations and community information meetings is critical to success.

Operations and Maintenance

If any improvements are desired, they are subject to prior approval of Lake Ashton CDD. Additionally, the operator shall operate and maintain the restaurant in compliance with all relevant federal, state, and local codes, rules and regulations.

Smoking

Smoking by restaurant patrons is not permitted anywhere within the Lake Ashton Clubhouse, per the requirements of the Florida code. There is one outdoor area designated for smoking guests. There is no provision for employee smoking anywhere at Lake Ashton.

Additional Considerations

Outdoor patio dining is encouraged. The al fresco dining area can accommodate outdoor entertainment and special events subject to reasonable limitations. Although the outdoor patio is managed and
scheduled by restaurant staff, that patio can be reserved by residents and is not for the exclusive use of restaurant operations.

Lake Ashton Garden to Patio Dining and Pool Area

Clubhouse Dining Room

The current activity at the restaurant includes:
Ongoing events	Other Bookings
Neighborhood Street Dinners	Birthday Parties
Golf League Lunches	Rehearsal Dinners
Themed Cuisine Dinners	Private Parties
Buffets  for Special Interest Groups	Red Hat Luncheons
Professional Associations	Special Occasions Breakfast Buffet for Special Interest Group	Holiday Dinners Cocktail Parties	Wine Tasting Events

GRAND BALLROOM AND CLUBHOUSE CATERING:

The Lake Ashton Grand Ballroom features breathtaking views of Lake Ashton and the recipient of The Knot Best Weddings of 2010 award as a top reception site. Options for outdoor wedding ceremonies, cocktail receptions and tented or canopied events are available.

The Grand Ballroom has maximum occupancy of 550. It features a service kitchen, chairs, tables, stage, and dance floor. The space can be divided into two smaller rooms.

Lobby Area

With Amenity Manager approval, the lobby area allows for additional areas for registration or other services. Restrooms are located adjacent to the lobby area.

Operating Parameters and Expectations

Banquet offerings should provide a gamut of service styles from buffet to plated meals; casual meals
and multi-course meals should be a part of a set banquet menu. Full bar service is required at many catered events. Many Ballroom events will be to provide lifestyle opportunities for Lake Ashton residents; the operator/lessee must meet, plan, coordinate and execute resident events through regular meetings with the Amenity Manager, Clubhouse staff as well as with residents.

Regular office hours must be maintained to accommodate or respond to inquiries regarding catering services and event planning; specific hours will be negotiated as part of the operator/lessee options. Catering management must be able to provide menus, floor plans, seating charts, linen rental and other services to assist guests with event planning. On a regular and timely basis, the operator/lessee must coordinate with the Amenity Manager in order to provide for security services and room set up for all facility rentals.

Catering staff should have a professional attitude and appearance and be skilled in tactfully resolving resident and guest concerns. All employees are required to have a criminal background check prior to hiring and only those with acceptable results (to be determined though an agreement with Lake Ashton CDD Board of Supervisors) should be offered a position working in the Clubhouse.

The operator will meet on a regular basis with the Amenity Manager and participate in the preparation of information and materials for Board of Supervisors’ meetings.

The restaurant operator/lessee will participate in actively promoting Clubhouse facility rentals to the East Polk community. The operator should regularly participate in updating materials for prospective renters such as catering menus. District staff will promote resident activities and special resident events via email communication. Any use of the Lake Ashton logo in paid advertising and marketing will require pre-approval by the Amenity Manager.

Lake Ashton Grand Ballroom Wedding Reception

Ongoing Resident Ballroom Functions

Golf League Luncheons and Dinners, Dinner Dances, Holiday Dinner Dances, Special Interest Group Buffet Dinners, Vendor Luncheons and Dinners.

Other Functions

Lake Ashton is a premiere location to host weddings, rehearsal dinners, private parties, anniversary parties, reunions, special interest group luncheons, golf luncheons and dinners, government functions, corporate events and other community events.

Additional Catering Opportunities

Lake Ashton Health and Fitness Center (HFC) also hosts catered events in the Community Center. A caterer’s kitchen is available for use. Various resident groups who coordinate activities at this location may require and solicit catering services.

RFP RESPONSE ELEMENTS:
The response for the RFP should include the following information:
v Identify whether a lease or management option is desired.
v A detailed business plan describing the concept planned for the restaurant and catering, including:

A resume that details professional food and beverage service related experience, accomplishments and education. If not integrated as part of the resume, an attachment should be added that includes background and experience hiring, training, coaching and managing food service personnel.
Articulate and respond to three challenges to operating a restaurant within an active adult gated community and how these challenges can be met and overcome.
A proposed menu for the restaurant including detailed descriptions, portions or serving sizes and prices.
A proposed catering menu for the Ballroom including detailed descriptions, portions or serving sizes and prices. Please include prices for non-alcoholic beverages.
How bar service and alcoholic beverages will be integrated into the restaurant operation.
Proposed staffing for the restaurant dining room, bar, kitchen and catering operations.
Proposed personnel policy that includes alcohol/drugs, appearance and conduct guidelines.
Proposed strategy for hiring and training new personnel.
A proposed twelve (12) month operating budget for restaurant and catering services. For the sake of uniformity, plan to use $1,000 as a monthly lease payment for the twelve (12) months of operation.
A proposed strategy for purchasing food, beverage and bar inventory.
A proposed strategy for monitoring and controlling food and labor costs.
Names, address and telephone numbers of at least three (3) references of individuals with direct knowledge of the experience of the proposer’s involvement in restaurant and catering management and operation. One reference must be the proposer’s principal banking organization and one of the references must be the proposer’s principal food supplier.
The restaurant will be available for occupancy approximately September 1, 2020. Please include an estimated opening date (please note all dates are for communication purposes only and are subject to change).

Evaluation Criteria:
Lake Ashton CDD prefers to identify one operator/lessee to operate and manage both the Grand Ballroom and restaurant space.
Regardless of the proposed operating arrangement, the Board of Supervisors will use the following criteria in the evaluation process:

Primary Evaluation Criteria:
Fit with the community.
Related experience and successful track record of owner/operator.
Quality of concept for menus and bar service.
Ability to lead a team of employees.
Knowledge of food service industry standards and strategies.
References.
Additional Criteria:
Other factors deemed relevant by Lake Ashton CDD Board of Supervisors.
Selection will be made on the basis of the Primary Evaluation Criteria outlined above. Lake Ashton CDD has the right to reject any and all proposals.
In selecting the operator/lessee, the Lake Ashton CDD will consider all of the information provided by the respondents to the RFP as well as reference checks and other information derived from any investigation that the Lake Ashton CDD may perform, including, but not limited to, background checks and credit checks.
Management agreement will be negotiated with the prospective operator, identified through this RFP process.

Additional Information:

The Board of Supervisors will meet Monday, August 17, 2020 at 10:30 am to review and discuss responses. Those who submit a proposal should plan to attend the meeting and interact with the Board of Supervisors. Please note due to concerns regarding COVID 19 this meeting may take place remotely.
All dates and schedules are subject to change. Lake Ashton CDD reserves the right to reject any and all proposals, to waive irregularities and to award that proposal which is deemed to be in the best interest of the Lake Ashton CDD. Additionally, the Lake Ashton CDD also reserves the right to extend any and all timelines and timeframes but not to exceed forty-five (45) days.

S ECTION 1

Liquor License Business License

Liquor Insurance	Up	Front Expenses to Open Restaurant

$500
$250 to $500

$2,000	
Food & Liquor Purchase to Start Invent	$10,000 to	$15,000	
First Month's Salary & Taxes	$35,500		

Total up front Costs Approx.	$53,000 to	$60,000	

First Year Labor	
$370,000		
15% Taxes, Social Security/Workmans C $55,000 Total One Year	$425,000

Manager	1		$1000 to $1200/Wk	
Short Order Cooks	3		$500 to $600/Wk	
Hostess	2		200/Wk	
Bartenders	2 to	3	$10/Hr plus tips	
Wait staff	6 to	8	$5/Hr plus tips	
Dish Washer	2		$10/Hr	
.•
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FamilY Restau rant
a nc;J Bat<:e Shoppe

.,

302-539-3020
100 coasca1 Highway
Route 1 - Fenwick center
Fenwic'< 1s1and, DE 199'f'f
BREAKFAST  PECIALS

. BAGEL& LOX
':Served with onion, tomato, and-cheese on a bed of lettuce
,r-CORNEO,BEEF HASH & EGGS
;Freshly·.grilled hash and eggs cooked ta-order

EGGS BENEDICT
-Poached eggs, Canadian bacon, and Hollandaise sauce on a toasted English muffin
·tRAB BENEDICT
Our traditional Eggs Benedict topped with lump crab meat

.HOMEMAOE'CREAMEO.CHIPPED BEEF
V	Fre hly made·an9 served over a biscuit or toast with homefries
HtJNGWt' 'MAN'S SPECIAL
l pancakes, 3 eggs'coo ed to order, 2 sausage links, and toast or biscuit
:'l'.:OX&EGGS
iox and scrambled eggs with homefries
poRK'cHOPS& EGGS
·Freshly ·gr'illed pork chops with eggs cooked to order
.sif.EAK'  '&EGGS
'6oz NY strip and eggs cooked to order with choice of homefries or grits and toast or biscuit

DIETE..R.  'S:DELIGHT	.
Yogurt, fresh fruit and a _bagel

HEART HEALTHY
Eg g8ea0ters,fresh sliced tomatoes, fruit, and toast
CAANBERRY or BlUEBERRY NUT OATMEAL
Oatmeal with pecans, fruit. and toast
HOMEMADE SAUSAGE OMVJ
Freshly made and served over a biscuit or toast with homefries

Dirty Harrys Favorites

IMIConwming raw or underq,oked meats. poultry, seafood, shellfish. or eggs may increase your risk offoodbol'ne Illness. especially If you have certain medical conditions""

OMELETTES
All omelets made with 3 extra large eggs and served with homefries or grits al_'ld toast or biscu\t Substitute EggBeaters or egg whites for St.50
MAKE YOUR OWN OMELET - $650
Your choice of any cheese, vegetable, or salsa for $1.25 each.
Your choice of ham, bacon, or sausage for $1.95 each.

CHEESE" Choice of one of the following
American, Cheddar, Feta, Swiss, Provolone, or Monterey Jack,
SEAFOOD
Shrimp, Scallops, and Crabmeat
GARBAGE
Bacon, Ham, Green Pepper, Onion,Tomato, Mushroom, and Cheese
FLORIDA
V	Cream Cheese, Onion, and Tomato
..WESTERN
Ham, Green Pepper & Onion PHILLY CHEESESTEAK CHICKEN CHEESESTEAK CHIPPED BEEF OMELET CORNED BEEF & SWISS HASHOMELET
SALSA & CHEDDAR
LUMP CRA8MEAT & CHEESE LOX, CHEESE & ONION SPINACH & CHEESE MUSHROOM & ONION VEGETABLE OMELET
HAM&CHEESE
HAM OMELET
EGGS
All eggs are cooked to order and served with homefrtes or grits and choice of bread ONE EGG	TWO EGGS
ONE EGG w/choice of Bacon, Scrapple, Ham	TWO EGGS w/choice of Bacon, Scrapple, Ham
ONE EGG w/Sausage Links or Taylor Pork Roll	TWO EGGS w/Sausage links orlaylor Pork Rofl

EGG SANDWICH w/Homefries
Egg, Choice of Bacon, Scrappte or Ham, and cheese on your choice of toast with homefries
Egg, Choice of Sausage Link or Taylor Pork Roll and cheese on your choice of tpast with homefries

EGG"BEATERS BREAKFAST

""Consuming r&W or undercooked meats, poultry, seafood, 5he1Htsh, or eggs may increase your
risk of foodbome illnes.s, especially If you haV&certain medl(al conditions"
FROM THE GRIDDLE
Add Pecans, Strawberries, Bananas, Chocolate Chips, or Peanut Butter Chips for $1.50

BUmRMILK PANCAKES
SWEET POTATO PANCAKES	.
FRENCH TOAST (3 Slices} JOEY'S FRENCH TOAST
IS'! Topped with peanut b1rtter, bananas, pecans, & whipped cream
BELGIAN WAFFLE
SCHAEFER'S WAFFLE
Topped with strawberries, bananas, pecans, caramel & whipped cream
WAFFLES FOSTER
Bananas, whipped cream, and caramel

TROPICAL FRUIT DELIGHTS
Pancakes, f rench Toast, or Waffle topped with Mangoes, Peoches, Pineapples, and Whipped Cream
PANCAKES FRENCH TOAST WAFFLE

BAGEL & CREAM CHEESE
BISCUIT
ENGLISH MUFFIN STICKY BUN TOAST
FRESH FRUIT CUP
SALSA EGG
CHIPPED BEEF
SAUSAGE GRAVY HOMEFRIES GRITS
ALA CARTE
BACON HAM SAUSAGE SCRAPPLE
TAYLOR PORK ROLL
OATMEAL YOGURT
CEREAL	(W/fruit) '
HOMEMADE DANISH
DONUT	FILLED DONUT
MUFFIN	(ASK SERVER)

JUICES
VS, Apple, Cranberry, Grapefruit, Orange, or Tomato Juice
SMALL $2.95	LARGE $3.95

""Consuming rawor underCQOked meats. p0ultry,se  .shellfish, or eggs m;,y increase your
risk offoodborne lllne$$, espe<ially If you have certain medical condition
DIRTY HARRY'S·.SANDWICH BOARD
All Sandwiches served on your choice·of bread with chips and cole slaw,
Add Cheese, Lettuce, or Onion for-$.50 or Tomato for $.75
9. CRAB CAKE	.
Lump crabmeat tossed in Dirty Harry's blend of spices
DIRTY GIRTY REUBEN
Your choice of corned beef or turkey with cheese, sauerkraut, and Russian dressing on grill drye
DIRTY HARRY'S SPECIAL	·
Tender slices of roas·t beef with our special horseradish sauce on a kaiser roll
CORNED BEEF SPECIAL
Corned beef with swiss cheese, coleslaw, and Russian·dressing
SCOTT'S SPECIAL
Turkey, ham, cheese, bacon, and tomato on grilled rye
TURKEY CLUB
Fresh roasted turkey, bacon, lettuce, tomato, and mayo on toast
LOUSY LOIS
Grilled seasoned chicken breast on a kaiser roll

ALBACORETUNASALAD AllWHITE MEAT CHICKEN SALAD FRESH ROASTED lURKEY
TURKEY &CHEESE MELT IMPORT D HAM
HAM & CHEESE MELT
HOT TURKEY WITH CRANBERRY SAUCE & FRIES
HOT ROAST BEEF WITH FRIES
CORNED BEEF BBQ PORK BLT
FLOUNDER FILET TUNA & CHEESE MELT GRILLED CHEESE

HALF POUND BURGER BORDIE BURGER
.	Cheese, bacon,and fried mushrooms
FENWICK BURGER
Cheddar cheese and butterflied shrimp BURGER MELT
Melted cheese and fried onion on rye
EDDIE BURGER
BURGERS
IS'I	Open-faced, smothered in gravy and fried onions with fries

1H>(;onsuming raw or undercooked meats, poultry,.seafoocl, shellfish, or egg's .may inc ease your
risk of foodborne Illness. peoally if you have·c ain medical· naitions"
APPETIZERS

1/21b JUMBO STEAMED SHRIMP
BEER BAmRED CLAM STRIPS & FRIES
CHICKEN TENDERS & FRIES
LOADED CHEDDAR & BACON POTATO SKINS MOZZARELLA STICKS
ONION RINGS
BASKET OF FRENCH FRIES
FRIES SMOTHERED IN GRAVY

SALADS
Dressings: Bleu Cheese I Caesar I French I Russian I Ranch Honey Mustard I Pepper Parmesan I Raspberry Vinaigrette I Oil & Vinegar
Extra Dressings SO.SO

CHEF'S SALAD
Fresh roasted turkey, ham, cheddar, and swiss on a bed of greens with tomato wedges SEAFOOD SALAD
V	Lump crabmeat, shrimp, and scallops on fresh mixed greens
GARDEN SALAD
Topped with grilled or crispy chicken Topped with tuna salad or chicken salad

STUFFED TOMATOES
On a bed of greens with coleslaw and fruit LUMP CRAB SALAD	$17.95 CHICKEN SALAD	$13.25
TUNA SALAD	$13.25

SOUP OFTHE DAY (Ask your server) HOMEMADE CREAM OF CRAB (When available)
CHILITOPPED WITH DICED ONIONS AND CHEESE
SOUPS

cup cup

bowl bowl . bowl'.

"Consuming raw or undercooked meats. poultry. seafood. shellfish, or 8995 may increase your
risk of foodborne illMU, especially If you have certain medk:al a>nditions"
DINNER SPECIALS
AU dinner items include homemade cornbread and your choice of two (2) of the following:
Apple Sauce I Baked Potato I Pickled Beets I Coleslaw. I French Fries
Fresh Green Beans I Mashed Potatoes I Sliced Tomatoes I Vegetable of the Day
Side Salad for $4.00

FILET MIG NON' (8oz}
Tender and juky steak, lightly seasoned and cooked to order

PORTERHOUSE STEAK (16oz)
The best of both worlds-- a tender Filet Mignon nd flavorful NY Strip togethe( DIRTY HARRY'S FAMOUS MARYLAND smE	LUMP CRAB CAKES
CHICKEN CHESAPEAKE
Char-grilled and topped with lump era meat and imperial sauce FRESH SEA SCALLOPS (broiled or fried)
COCONUT SHRIMP (7)
Hand battered with tasty coconut and fried to golden brown
G FRIED SHRIMP (8)
Our hand battered traditional shrimp

12oz PRIME RIB topped w/onions and side of Au Jus

CATCH OF iHE DAY
Two pieces of Flounder

BONELESS CHICKEN BREAST (2)
Grilled in our honey mustard marinade
Cj) CALF LIVER & ONIONS
IISl	Twofo2 pieces smothered in fried onion.s, bacon, and gravy
HOMEMADE MEATLOAF
THREEVEGETABLEPLATTER

I
Turn the page to checkout the Local's Favorites
""Con$uming rawor undercooked meat$, poultry, seafood, shellfish, or eggs may increase your
risk of fOOdbom Illness, especially if you have certain medical conditions""
Eat Iike the Locals
Our best kept secret
Served with homemade cornbread and two (2) of the following:
Apple Sauce J Baked Potato I P1cltled Beets I Coleslaw I French Fries
Fresh Green Beans I Mashed Potatoes I Sliced Tomatoes I Vegetable of the Day
Side Salad for $4.00

CRA.BCAKE
One 6oz lump er.ab eake
NY STRIP
8oz dinner steak with fried onions BONELESS CHICKEN BREAST
Grilled with our honey mu5tard marinade
FLOUNDER'f!ILET
6oz fllet fried or broiled
CHOPPED STEAK
With fried onions and gravy
CALF LIVER & ONIONS
4o2 beef liver with fried onion, bacon, and gravy

ONE EGG & TOAST
Little Surfers
Children under 10 years of age only
BREAKFAST	LUNCH &DINNER served w/Fries
CHICKEN FINGERS
ONE SLICE FRENCH TOAST ONEPANCAKE
KID'S BACON OR SAUSAGE

SODA or ICED TEA (refillable) CHOCOLATE MILK
HOT CHOCOLATE
SWEETTEA
HAMBURGER GRILLED CHEESE HOT DOG

BEVERAGES
BOTTOMLESS COFFEE
HOTTEA MILK SMOOTHIES
DIRTY HARRY'S BLOODY MARY	$8.00
MIMOSA	$8.00
Our full bar is also available for all your favorite mixed drinks and beers!

FRESH MADE DESSERTS FROM OUR BAKERY
OUR BAKER, JOHN DELVECCHIO, PREPARES FRESH READS, ROLLS,
DANISHES, DONUTS, MUFFINS, STICKY BUNS, AND MUCH MORE!

BIRTHDAY CAKES ARE ONE OF OUR SPECIALTIES
AND WE ALWAYS WELCOME SPECIAL ORDERS!
TO CALL AHEAD 302-539-3020

tll!(onsuming rawor undercooked meats, poultry, seafood. shefflish. or eggs may increase yoor
risk offoodbome illness, especially if YO\l have certain medl(al q;>l'lditlotwl'
,,·,

;I,
!
1,'·
,·

SECTION VI

SECTION B
Lake Ashton Community Development District Project Tracking List

Project Name	Budget	Board of Supervisor
Approval	Scheduled
Start Time	Scheduled
Completion	Current Status	Status
Updated	
Clubhouse Projects							

Fitness Center Restroom Refurbishment	

$32,450.00	

6/15/2020	

7/28/2020	

Approx 2 weeks	
Staff and the Interior Designer working on this project are scheduled to pick out a tile sample on Tuesday, 7/7/2020.	

7/6/2020	

Bowling Alley Well Point System	

Insurance Claim	

Insurance Claim	

7/13/2020	

8-12 weeks	
Drawings are being drafted and will be reviewed by the District Engineer. Once approved construction will begin.	

7/6/2020	

Foyer Furniture Replacement	

$6,000.00	

6/15/2020	

Aug-20		
Furniture has been ordered and is expected to be delivered in August.	

7/6/2020	
Resident Feedback Survey					Total of 494 responses submitted	7/6/2020	
Online Payments					Staff is looking into the feasibility of accepting online
payments from residents	7/6/2020	

Local Insertion Channel					Staff is looking into setting up a local insertion
channel for residents that have Spectrum or FIOS cable services.	
7/6/2020	
Restaurant							

Deep Cleaning of the Kitchen and Ice Machine Area	

Staff Project		

week of 7/6		
Staff will be deep cleaning the Kitchen the week of 7/6/2020. This will include cleaning the Kitchen floors and under equipment	

7/6/2020	
Touch up Painting and Minor Repairs in the Kitchen/Dining Room area	
Staff Project		
week of 7/6		Touch up painting needed in the Dining Room,
Kitchen, and Pantry Area. A few window panes need the tinting replaced. Other repairs will be made as
needed.	
7/6/2020	
Fire Extinguishers and Hood
System Inspection			week of 7/6		All fire extinguishers and the hood system need to be
inspected to be up to date.	7/6/2020	
Lake Ashton Community Development District Project Tracking List

Project Name	Budget	Board of Supervisor
Approval	Scheduled
Start Time	Scheduled
Completion	Current Status	Status
Updated	
Pest Control Service			week of 7/13		Pest control service will be made once deep cleaning
of Restaurant is complete.	7/6/2020	
Deep Cleaning of the Dining
Room Area	Staff Project		week of 7/6		The Dining Room vinyl floors will be scrubbed and
the carpet will be cleaned.	7/6/2020	
Security							
Gate Count (June 1 - June 30)					4930 vehicles processed		

Additional Security Cameras Installed			
7/10/2020		Three additional cameras to be installed in the
Clubhouse. Staff has 3 cameras leftover from the previous installation so it will be a charge for labor only.	
7/6/2020	
Landscape Management							

Oyster plants at Entrance	
Plant Replacement Budget		
week of 7/13/2020		

Oyster plants are failing and will be replaced.		

Area behind Ashton Palms Drive	
Included in Contract				Christine and Matt met with Yellowstone Account Manager and expressed concern with how high the grass was able to get before they mowed. Account Manager assured us they will mow more frequently in this area.		
Lake Management							

Grass Carp Installation	
$2,970.00	
6/15/2020	
TBD		Applied Aquatic is working with FWC to obtain the permit to purchase and install the grass carp.	
7/6/2020	

Water Lillies	Included in Contract		
On-Going		Applied Aquatic is working on water lilly abatement in several ponds.	
7/6/2020	
Lake Ashton Community Development District Project Tracking List

Project Name	Budget	Board of Supervisor
Approval	Scheduled
Start Time	Scheduled
Completion	Current Status	Status
Updated	
Pavement/Stormwater
Management							
Mulligan/Dunmore
Stormwater Project	$100,000.00	4/20/2020			Waiting for utility locates as of 6/15/2020	6/15/2020	
Golf Course Pathways and
Bridges Evaluation		6/15/2020			District Engineer Project	6/15/2020	
Pavement Management
Evaluation	$7,000.00	6/15/2020			District Engineer Project	6/15/2020	
Projects Under Consideration by the CDD BOS as of 6/15/2020							
Vanity Replacement in
Restrooms							
Completed Projects							
Locks Changed at Restaurant				7/3/2020		7/6/2020	
Flooring Installed in Restaurant Bar Area	Included in
Clubhouse Flooring Project			
7/3/2020		
7/6/2020	
Voicemail Changed and
Phones Forwarded to Club Office				
7/2/2020		
7/6/2020	
Yellowstone Trimmed Trees at the Conservation Area near Mulligan and Dunmore		
6/15/2020		
7/6/2020		
7/6/2020	
Pond 16 - Turnberry Lane	$1,200.00	6/15/2020		6/30/2020	Work was completed on this pond.	7/6/2020	

S ECTION 1

memo

To:	LACDD Board of Supervisors	
From:	Christine Wells, Community Director	
CC:	District Manager	
Date:	July 6, 2020	
Background:
At the June 15 Board of Supervisors meeting Supervisors requested quotes to replace the vanities in the restrooms in the main hallway and Fitness Center restrooms. This includes a total of 4 vanities. A picture of each vanity is listed below.

Men’s Fitness Center Restroom

Women’s Fitness Center Restroom

Women’s Main Hallway Restroom

Men’s Main Hallway Restroom

Options for Refurbishment:

Attached please find a total of 4 quotes.

The first quote is from S&W cabinets and includes replacement of the cabinet structure in addition to the replacement of the countertops and sinks. The cabinet structure will look similar to the picture below but will be double or triple depending on what Supervisors approve.

The second quote is from A. Ward Design and is for the cabinet structure only as they do not install countertops and sinks. The cabinet structure will look similar to the picture below but will be double or triple depending on what Supervisors approve.

The third and fourth quotes (Golden Marble and B&B Wholesale Granite) are for countertops, sinks, and installation only.

After looking at the vanities closer the cabinet structures are in good shape. If Supervisors agree, it appears that an updated look can be obtained by simply replacing the countertops, sinks, faucets, and refurbishing the cabinet structures.
The price includes the replacement of all 2 sink vanities with 3 sinks so if the Board prefers to keep the 2 sink vanities as is then the price will go down the price of the sinks and the additional plumbing that will be needed to facilitate the additional sink in 3 restrooms.

If Supervisors agree, Staff recommends replacement of the current faucets with hands-free faucets at all 4 lcoations. The price per faucet ranges from $100-$300 each which would be at most $1100-$3,300 to replace with what is currently in place (11 faucets). The number of faucets includes the two faucets in the dressing room restrooms that are not included in the vanity replacement.

If you have any questions please contact Christine at cwells@lakeashtoncdd.com.
PROPOSAL
6/22/2020
Page 1

To: Christine Wells
Re: Club House Restrooms
We hereby submit specifications and estimates for:	Level # 1 Corian	Level # 3 Corian
Main Men's	$	3,245.00		$	3,805.00	
Main Women's	$	4,140.00		$	4,940.00	
Pool Men's	$	3,150.00		$	3,390.00	
Pool Women's	$	2,775.00		$	3,075.00	
Extra sinks	1 $	300.00	ea.		
This proposal is estimated on:
Custom laminated cabinets with shaker style removable panels
Corian counter tops - Price cannot be finalized until color and style is picked out. 2 under mount sinks per counter
2 X 4 and 3/4" Plywood construction 3/4" Solid wood face - Laminated Removable panels at sinks
Installation of cabinets, trim, and counter tops

All material is guaranteed to be as specified. All work to be completed in a workmanlike manner according to standard practices.
Any alterations or deviations from the above specifications involving extra cost will become an extra charge over and above the estimate.
Respectfully submitted,

Randy Snider

Randy Snider
www.SnWCabinets.com
visit us on FACEBOOK : S & W Cabinets, Inc. Terms:	50% Deposit 50% Completion
This is not a contract it is for informational purposes only; Pricing is valid for 90 days from date of issue.
Please contact our main office at (863) 325-8255 with any questions you may have.

\\fileserver\Documents on Server\Job quotes\LK Ashton\Club house restrooms 06-22-20.xls
Estimate
Subject to approved drawings and specifications
This estimate expires after 30 days from Print Date
Builder Name:	Print Date:	June 23, 2020
Customer Name:	Lake Ashton

Cabinetry Items:						
R oom	 Door Style	M aterial	 Exterior Color	Interior Color	 Amount	
Bathroom #1 (60" Length)	T.B.D.	T.B.D.	T.B.D.	N/A	$	1,260.00	
Bathroom #2 (93" Length)	T.B.D.	T.B.D.	T.B.D.	N/A	$	1,955.00	
Bathroom #3 (93" Length)	T.B.D.	T.B.D.	T.B.D.	N/A	$	1,955.00	
Bathroom #4 (111" Length)	T.B.D.	T.B.D.	T.B.D.	N/A	$	2,460.00	
$	-

Notes: All plywood boxes, Solid Wood 5/8 Dovetail Drawers, Soft Close Doors & Drawers			
	Cabinetry Items Sub-Total	$	7,630.00	
Countertops:			
R oom	 Countertop Material	M aterial Color	 Amount	
$	-
$	-
$	-
$	-
$	-

Exclusions:
Drywall, Flooring, Electrical, Plumbing, Paint, HVAC, Appliances or Appliance Installation, Non-Cabinet Casework, Removal of existing cabinetry, Cabinet lighting, Wall coverings, Accessories not listed above

Item Description

 Location	 Cost Per	 Qty	 Amount
Increase Bathroom #1 to 125-1/2" Length
Bathroom #1	$
1,390.00	1	$
$
1,390.00
-

TOTALS		
Cabinetry Sub-Total	$	7,630.00	
Countertop Sub-Total	$	-	
Additional Items	$	1,390.00	
Delivery Fee	$	75.00	
Installation	$	1,800.00	
GRAND TOTAL	$	10,895.00	

PAYMENT SCHEDULE		
50% Deposit	$	5,447.50	
40% Delivery Draw	$	4,358.00	
10% Final Draw	$	1,089.50	

 Sales Agreement
Examine all items carefully, as we agree to furnish only the articles herein named and as described. Clerical errors subject to correction. In the event this bill is not paid by the customer when due, and A Ward Design files suit to collect monies on the account, the purchaser agrees to pay AWard Design reasonable
attorneys fees, finance charges and legal cost. Finance charges are computed by periodic rate of 1.5% per month which is An ANNUAL PERCENTAGE RATE OF
18% applied to the previous unpaid balance less any previously billed finance charges which have not been paid. A Ward Design reserves the right to send out Notice to Owners and file liens and use any means available to force collection if such action becomes necessary.

If materials are delivered to a construction jobsite, buyer assumes liability for the materials at the time of delivery whether or not buyer's representative is available to acknowledge receipt of delivery. ALL SPECIALTY MANUFACTURED OR SPECIAL ORDER MERCHANDISE WHICH INCLUDE BUT NOT LIMITED TO CABINETS,
TOPS, OR HARDWARE ARE NOT RETURNABLE FOR CREDIT OR REFUND. We will not be responsible for delays to shipment caused by carriers, strikes, accidents, or manufacturer contingencies. DEPOSITS ARE NON REFUNDABLE

The above prices, specifications, and conditions are satisfactory and hereby accepted. You are authorized to do the work as specified.

Contractor/Purchaser	Date	Homeowner/Purchaser	Date

1060 Hoover Rd. - Winter Haven, FL. 33884 - 863.325.9070 - FAX 863.325.0097	www.awarddesign.com

2019.102

B&B Wholesale Granite, LLC
10 SPIRIT LAKE RD WINTER HAVEN FL 33880 863-294-4949 863-291-0873
Estimate

Quote # Customer PO

B & B Wholesale Granite, LLC 10 Spirit Lake Road
Winter Haven, FL 33880

LAKE ASHTON
4141 ASHTON CLUB DR
Lake Wales, FL 33859
Date

Sales Person1 Designer

ARCTIC ICE	$3,485.17
UNDERMOUNT SINK - WHITE P001	$1,199.88

Total
Contract Total
Sales Tax	$4,685.05	
	$261.08	

Grand Total	$4,946.13	

Date	Ck #		
Deposit    	   			

Buyer 	Date 	Seller 	Date 	

Page 1

Q2-51

Quote # 5926	6/25/2020 9:43:17 AM

PO BOX 5062
Haines City FL, 33845

Name / Address		
Lake Ashton Club House		
4141 Ashton Club Dr.		
Lake Ashton Fl		
	
863-324-5457	

Please Remit Payment to: Golden Marble Granite
P.O. BOX 5062 Haines City FL 33859
Golden Marble & Granite, Inc.
29295 US Highway 27 North Lake Hamilton FL, 33851

Estimate
Date	Estimate #			
6/25/2020	8283			
	Project			

Signature:	Total	$7,430.00			
Phone #	Fax #	E-mail	Web Site	
863-439-9794	863-438-9414	goldenmarblegranite@live.com	www.goldenmarblegranite.com	
All Estimate prices are subject to change until final Template.

SECTION C

SECTION 1

Box 89579 Tampa, FL 33689 Date:7/7/2020

SITE WORK PROPOSAL

CLIENT:
RAYL Engineering &Surveying, LLC 735 E. Main Street
Bartow, FL 33830	SITE LOCATION:
Lake Ashton Mulligan and Dunmore Flooding Remediation
Section 19, Township 29 S, Range 27E
Lake Wales, FL	

SUAREZ GRADING ENTERPRISES Inc., is pleased to submit this proposal to furnish equipment, materials, labor and supervision to complete the Site Development services as described in the attached Schedules “A”, “B”, & “C”, in compliance with the “Civil Site Plans prepared by Rayl Engineering & Surveying, LLC., dated May 2020.
Signed & Sealed engineered drawings depicting CIVIL, SITE WORK & UNDERGROUND UTILITIES ESPECS

TOTAL SITE DEVELOPMENT SERVICES WITH EQUIPMENT, LABOR & MATERIALS: $156,337.00

(One hundred fifty-six thousand three hundred thirty-seven dollars and thirty-eight cents)

WORK TO INCLUDE:
PROPOSAL IS BASED ON (1) MOBILIZATIONS. ADDITIONAL MOBILIZATIONS MAY BE SUBJECT TO A $3500 CHARGE PER MOBILIZATION
CONTRACTOR AGREES TO COMPLETE ALL SERVICES WITH 90 DAYS OF WRITTEN AUTHORIZATION TO PROCEED (THIS ARE WORKING DAYS ONLY; HOLIDAYS AND RAINY DAYS ARE NOT INCLUDED)
ALL MATERIAL AND WORKMANSHIP WILL BE WARRANTY FOR 1 YEAR
PRICES ARE BASE IN NORMAL PRODUCTION CONDITIONS IF THERE IS ANY CONFLICTS PRICES ARE SUBJECT TO CHANGE
ANY	CHANGE	OR	MODIFICATION	DURING	CONSTRUCTION	SUAREZ	GRADING ENTERPRISES, INC. WILL CHARGE 500 FOR DRAWIGNS REVISION

WORK TO EXCLUDE:
PERMITS, CONSTRUCTION STAKING, AS-BUILTS, BONDS, FEES, TESTING, LAYOUT, SOILS REPORT, EROSION CONTROL
OCIP, CCIP, CERTIFIED PAYROLL, DAVIS BACON, HUD, FHA MANDATED PROJECTS (ADDITIONAL FEES WILL BE APPLIED)
GLOBAL STABILITY ANALYSIS OR RAPID DRAW DOWN DESIGN (IF APPLICABLE), FINAL EOR CERTIFICATION LETTER
DEWATERING
LOCATION OF UNDERGROUND UTILITIES
ALL TRASH CREATED WILL BE DISPOSED ONSITE IN DUMPSTER PROVIDED BY OTHERS
CERTIFIED MOT BY OTHERS
STORM TANK SYSTME AND ROCK MATERIAL BY OTHERS
ELECTRIC AND IRRIGATION CONDUITS REPAIRS NOT INCLUDED
ANY ADITIONAL RESURFACE THAN THE CONTRACT WILL BE CHARGE, BY SY PER PROPOSAL UNIT PRICE
SUAREZ GRADING ENTERPRISES INC. TERMS AND CONDITIONS

SUAREZ GRADING ENTERPRISES, INC, WORK SHALL BE GOVERNED BY WHAT IS SPECIFICALLY INDICATED ON THE PROJECT PLANS AND SPECIFICATIONS BY RYAL ENGINEERING & SURVEYING, LLC DATED MAY 2020, INCLUDING ANY ADDENDA OR AUTHORIZED MODIFICATIONS THERETO. IF THERE IS ANY CHANGES OR MODIFICATIONS DURING THE CONSTRUCTION OF THE PROJECT, WILL BE SUBJECT TO AN EXTRA WORK ORDER.

SUAREZ GRADING ENTERPRISES, INC. SHALL NOT BE LIABLE FOR ANY ORAL MODIFICATIONS TO THE WORK UNLESS SUCH MODIFICATION IS CONFIRMED BY CONTRACTOR (WHICH ALSO INCLUDES OWNER, DEVELOPER, BUILDER) IN WRITING WITHIN 48 HOURS OF ISSUANCE.

SUAREZ GRADING ENTERPRISES, INC, SHALL NOT BE REQUIRED TO PERFORM ANY WORK FOR WHICH THERE IS NOT A MUTUALLY AGREED PRICE.

SUAREZ GRADING ENTERPRISES, INC. BE DELAYED, OBSTRUCTED, HINDERED, OR INTERFERED WITH IN THE COMMENCEMENT, PROSECUTION OR COMPLETION OF THE WORK BY ANY
CAUSE, BEYOND THE CONTROL OF AND NOT DUE TO ANY FAULT, NEGLECT, ACT OR OMISSION OF SUAREZ GRADING ENTERPRISES, INC, INCLUDING DELAYS CAUSED BY ANY ACT, NEGLECT OR DEFAULT OF THE CONTRACTOR, OWNER OR ARCHITECT, THEN SUAREZ GRADING ENTERPRISES, INC. SHALL BE ENTITLED TO AN EXTENSION OF TIME AND ADDITIONAL COMPENSATION FROM THE CONTRACTOR FOR SUCH DELAY. THE ENTITLEMENT TO AND/OR RECEIPT BY THE CONTRACTOR FOR ADDITIONAL TIME AND/OR COMPENSATION FROM THE OWNER RELATED TO THE
SUBJECT MATTER OF SUAREZ GRADING ENTERPRISES, INC. CLAIM SHALL NOT BE A CONDITION PRECEDENT TO SUAREZ GRADING ENTERPRISES INC.’S RECEIPT OF ADDITIONAL TIME AND/OR COMPENSATION.

SUAREZ GRADING ENTERPRISES INC. INVOICES MUST BE PAID ON TERMS OF NET 14 DAYS. BASE OF PERCENTAGE OF COMPLITION. PAYMENT TO THE CONTRACTOR BY THE OWNER SHALL NOT OPERATE AS A CONDITION PRECEDENT TO PAYMENT TO SUAREZ GRADING ENTERPRISES INC. IF PAYMENT IS MORE THAN TEN (10) DAYS OVERDUE, SUAREZ GRADING ENTERPRISE, INC. HAS THE RIGHT TO SUSPEND PERFORMANCE WITH NO LIABILITY TO CONTRACTOR UNTIL THE OUTSTANDING AMOUNT IS FULLY PAID. THE QUOTED PRICE IS GOOD FOR THIRTY (30) DAYS FROM DATE ON PROPOSAL.

CONTRACTOR IS LIABLE TO SUAREZ GRADING ENTERPRISES, INC. FOR 1.5%/MONTH INTEREST ON UNPAID PAYMENTS FROM THE DUE DATE UNTIL THE PAYMENT DATE.

SUAREZ GRADING ENTERPRISES, INC. HEREBY AGREES TO INDEMNIFY CONTRACTOR FROM LIABILITIES, DAMAGES, LOSSES AND COSTS ONLY TO THE EXTENT CAUSED BY THE NEGLIGENCE, RECKLESSNESS, OR INTENTIONAL WRONGFUL MISCONDUCT OF SUAREZ GRADING ENTERPRISES, INC. AND PERSONS EMPLOYED OR UTILIZED BY SUAREZ GRADING ENTERPRISES, INC. IN THE PERFORMANCE OF THE WORK.

ANY LIABILITY OF SUAREZ GRADING ENTERPRISES, INC. UNDER ANY THEORY (STATUTORY, CONTRACT, TORT, ETC.) IS LIMITED TO SUAREZ GRADING ENTERPRISES, INC.’S NEGLIGENCE AND THEN ONLY TO THE EXTENT, SUCH CLAIMS, LOSSES, OR DAMAGES ARE COVERED BY AND RECOVERABLE FROM INSURANCE. SUAREZ GRADING ENTERPRISES, INC. CARRIES GENERAL LIABILITY INSURANCE WHICH SPECIFICALLY INCLUDES COVERAGE FOR RETAINING CONSTRUCTION INCLUDING LAND AND EARTH MOVEMENT.

SUAREZ GRADING ENTERPRISES, INC.’S FAILURE TO TIMELY SUBMIT A CLAIM IN ACCORDANCE WITH ANY PROVISION IN THE SUBCONTRACT AGREEMENT SHALL NOT OPERATE AS A WAIVER OF SUCH CLAIM UNLESS CONTRACTOR CAN SHOW ACTUAL PREJUDICE AS A RESULT OF THE DELAYED NOTICE.

SUAREZ GRADING ENTERPRISES INC, INC. MUST BE GIVEN NOTICE OF ANY CLAIM AGAINST IT WITHIN FIVE (5) CALENDAR DAYS OF ITS OCCURRENCE AND AN OPPORTUNITY TO CURE. THE NOTICE SHALL INCLUDE AN IDENTIFICATION OF THE WORK THAT IS DISPUTED AND AN EXPLANATION OF THE BASIS OF THE DISPUTE, ALONG WITH ANY OTHER INFORMATION THAT WILL
ASSIST SUAREZ GRADING ENTERPRISES, INC. IN EVALUATING AND RESPONDING TO THE ISSUE. FAILURE TO COMPLY WITH THIS NOTICE PROVISION SHALL WAIVE ANY RIGHT TO RAISE THE CLAIMS AND COMPLETELY BAR THE CLAIMS.

VENUE FOR ANY LITIGATION, MEDIATION OR ARBITRATION ARISING OUT OF OR RELATED TO THE TERMS OF THE SUBCONTRACT SHALL BE HLLSBOROUGH COUNTY, FLORIDA OR THE COUNTY IN WHICH THE PROJECT IS LOCATED. SUAREZ GRADING ENTERPRISES, INC. RESERVES THE RIGHT TO DEMAND A JURY TRIAL IN ANY LITIGATION ARISING OUT OF OR RELATED TO THE TERMS OF THE SUBCONTRACT AGREEMENT.

THERE ARE NO PERSONAL GUARANTEES NOR ANY PERSONAL LIABILITY OF ANYONE FOR OBLIGATIONS UNDER THE SUBCONTRACT AGREEMENT. ANY SUCH OBLIGATIONS LISTED IN OTHER DOCUMENTS ARE DELETED.

IF CONTRACTOR HAS THE RIGHT TO TERMINATE SUAREZ GRADING ENTERPRISE, INC. FOR CONVENIENCE, IT MUST PAY AS DAMAGES TEN PERCENT (10%) OF THE VALUE OF SUAREZ GRADING ENTERPRISES, INC.’S UNPERFORMED WORK WITHIN TEN (10) CALENDAR DAYS OF THE TERMINATION.

SUAREZ GRADING ENTERPRISES, INC. WILL PROVIDE STATUTORY WAIVERS FOR ITSELF THROUGH THE CURRENT MONTH AND FROM PARTIES BELOW IT ONE MONTH IN ARREARS.

SUAREZ GRADING ENTERPRISES, INC. SHALL BE PROVIDED WITH A COPY OF THE PROJECT’S NOTICE OF COMMENCEMENT, ANY APPLICABLE BONDS, AND ANY OTHER INFORMATION RELATING TO LIEN OR BOND RIGHTS ON THE PROJECT WITHIN TEN (10) CALENDAR DAYS OF THE FIRST FURNISHING OF LABOR, SERVICES, OR MATERIALS TO THE PROJECT, BY
EMAIL TO L.SUAREZ@SUAREZGRADING.COM. CONTRACTOR SHALL BE LIABLE FOR ANY DAMAGES RESULTING FROM ITS FAILURE TO TIMELY SUPPLY THE REQUIRED INFORMATION.

ACCEPTANCE OF PROPOSAL

THE ABOVE PRICES, SPECIFICATIONS, AND CONDITIONS ARE HEREBY ACCEPTED AND SUAREZ GRADING ENTERPRISES, INC. IS AUTHORIZED TO DO THE WORK AS SPECIFIED. PAYMENTS WILL BE MADE AS OUTLINED ABOVE.

Suarez Grading Enterprises
 	Date:	 Pedro Suarez, Owner

Accepted By:
 	Date:_ 	

Kindly return one signed copy of this proposal by fax to 813-620-4158, or email @ L.suarez@suarezgrading.com which will serve as our authorization to proceed.
Suarez Grading Enterprises, Inc PO Box 89579
Tampa, FL 66389
Date: 07/07/2020 Phone: 813-663-9037
Fax: 813-620-4158
Site Work Proposal Lake Ashton Mulligan
and Dunmore Flooding Remediation
Lake Wales, FL

	SCHEDULE "A" CLEARING & GENERAL CONDITIONS					
ITEM No.	DESCRIPTION	UNIT	QUANTITY	UNIT PRICE	TOTAL	
1-A	Mobilization	LS	1	$ 3,500.00	$	3,500.00	
2-A	Staked Silt Fence and maintenance	LF	1,407	$	2.78	$	3,910.68	
3-A	Floating Turbidity Barrier	LF	57	$	49.69	$	2,832.18	
4-A	Sawcut and removed sidewalk/car path	LF	525	$	13.53	$	7,105.46	
5-A	Sawcut and remove pavement for pipe crossing	LF	26	$	15.78	$	410.22	
6-A	Demo GC-6 and install new ADS storm manhole MH-1	LS	1	$ 7,864.26	$	7,864.26	
7-A	Sawcut and Remove existing Miami curb and gutter	LF	33	$	17.36	$	573.02	
8-A	Replace Concrete Sidewalk and cart path along roadway	CY	14	$	368.27	$	5,155.81	
9-A	Maintenance Of Traffic (MOT)	LS	1	$ 4,281.72	$	4,281.72	
10-A	ALLOWANCE (Demo Existing pavement and curb, and install FDOT Index
300 Valley Gutter)	LS	1	$ 5,000.00	$	5,000.00	
	SUB-TOTAL SCHEDULE 'A' DEMOLITION	$	40,633.34				

	SCHEDULE "B" SITE WORK, PAVING & GRADING					
ITEM No.	DESCRIPTION	UNIT	QUANTITY	UNIT PRICE	TOTAL	
1-B	Excavation of old golf course tee box areas	CY	1,752	$	12.57	$	22,020.60	
2-B	Pavement Restoration	SY	24	$	112.85	$	2,708.34	
3-B	Restoration and Bahia Sod	SY	2,667	$	9.58	$	25,546.05	
	SUB-TOTAL SCHEDULE 'B' SITE WORK, PAVING & GRADING	$	50,274.99				

	SCHEDULE "C" STORM DRAINAGE					
ITEM No.	DESCRIPTION	UNIT	QUANTITY	UNIT PRICE	TOTAL	
1-C	Install MH-2	EA	1	$ 5,815.12	$	5,815.12	
2-C	Install FDOT Type 5 Inlet including curb and gutter	EA	2	$ 5,973.00	$	11,946.00	
3-C	Install 18" ADS HDPE Storm Inlet Including curb and gutter	LF	202	$	68.02	$	13,739.76	
4-C	Install 30" ADS HDPE Storm sewer	LF	300	$	99.02	$	29,707.15	
5-C	Connect To existing MH- S-518	LS	1	$ 2,110.32	$	2,110.32	
6-C	Connect to existing curb inlet s-558	LS	1	$ 2,110.32	$	2,110.32	
	SUB-TOTAL SCHEDULE "C" STORM DRAINAGE	$	65,428.67				

SUMMARY OF SCHEDULES			
SUB-TOTAL SCHEDULE "A" CLEARING GENERAL CONDITIONS	$	40,633.34		
SUB-TOTAL SCHEDULE "B" SITE WORK, PAVING & GRADING	$	50,274.99		
SUB-TOTAL SCHEDULE "C" STORM DRAINAGE	$	65,428.67		
	TOTAL PROJECT COST	$ 156,337.00	

1

SECTION VII

SECTION A
	LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT		
	Check Run Summary		
	June 15, 2020		
Date	Check Numbers	Amount	
General Fund			
6/10/20	7135-7153	$43,842.36	
6/23/20	7154-7157	$6,662.61	
6/25/20	7158-7180	$64,192.53	
General Fund Total		 	$114,697.50 	

Capital Projects Fund			
6/8/20	300	$2,650.00	
6/10/20	301-302	$47,917.80	
Capital Projects Fund Total		 	$50,567.80 	

LAKE ASHTON CDD
FY 2020 CASH RECEIPTS

	October-19	November-19	December-19	January-20	February-20	March-20	
ENTERTAINMENT	$	120,713.00	$	14,095.00	$	6,968.50	$	7,609.00	$	5,053.00	$	1,812.00	
BALLROOM RENTAL	$	8,600.00	$	5,850.00	$	10,125.00	$	7,250.00	$	6,850.00	$	2,000.00	
BALLROOM RENTAL-DEFERRED	$	-	$	-	$	-	$	1,750.00	$	3,500.00	$	3,250.00	
DAMAGE DEPOSITS	$	4,000.00	$	-	$	-	$	1,500.00	$	(2,000.00)	$	1,000.00	
NEWSLETTER INCOME	$	18,288.25	$	6,496.81	$	5,405.94	$	8,154.75	$	12,280.25	$	5,020.25	
COFFEE INCOME	$	300.00	$	200.00	$	300.00	$	1,425.00	$	450.00	$	425.00	
CLERICAL	$	120.50	$	533.00	$	136.00	$	143.50	$	35.00	$	232.00	
SECURITY FEE	$	747.50	$	493.75	$	410.00	$	647.00	$	118.75	$	12.50	
ENTRANCE GATE OPENERS	$	148.00	$	111.00	$	222.00	$	296.00	$	222.00	$	148.00	
RESTAURANT LEASE	$	930.00	$	930.00	$	930.00	$	930.00	$	930.00	$	930.00	
MISCELLANEOUS	$	50.00	$	150.64	$	359.47	$	8,057.60	$	455.00	$	-	
SALES TAX PAYABLE	$	70.00	$	70.00	$	70.00	$	70.00	$	70.00	$	70.00	
	$	153,967.25	$	28,930.20	$	24,926.91	$	37,832.85	$	27,964.00	$	14,899.75	

	April-20	May-20	June-20	July-20	August-20	September-20	
ENTERTAINMENT	$	17,665.67	$	9,046.10	$	-	$	-	$	-	$	-	
BALLROOM RENTAL	$	(1,500.00)	$	250.00	$	-	$	-	$	-	$	-	
DAMAGE DEPOSITS	$	-	$	-	$	-	$	-	$	-	$	-	
NEWSLETTER INCOME	$	5,532.25	$	3,300.25	$	-	$	-	$	-	$	-	
COFFEE INCOME	$	-	$	-	$	-	$	-	$	-	$	-	
CLERICAL	$	1,092.20	$	75.00	$	-	$	-	$	-	$	-	
SECURITY FEE	$	-	$	-	$	-	$	-	$	-	$	-	
ENTRANCE GATE OPENERS	$	-	$	-	$	-	$	-	$	-	$	-	
INSURANCE PROCEEDS	$	-	$	-	$	-	$	-	$	-	$	-	
MISCELLANEOUS	$	-	$	19.00	$	-	$	-	$	-	$	-	
RESTAURANT LEASE	$	-	$	-	$	-	$	-	$	-	$	-	
SALES TAX PAYABLE	$	-	$	-	$	-	$	-	$	-	$	-	
	$	22,790.12	$	12,690.35	$	-	$	-	$	-	$	-	

FISCAL YEAR 2020 TOTAL		
ENTERTAINMENT FEES	$	182,962.27	
BALLROOM RENTAL	$	39,425.00	
DAMAGE DEPOSITS	$	4,500.00	
NEWSLETTER INCOME	$	64,478.75	
COFFEE INCOME	$	3,100.00	
CLERICAL	$	2,367.20	
SECURITY FEE	$	2,429.50	
ENTRANCE GATE OPENERS	$	1,147.00	
MISCELLANEOUS	$	9,091.71	
RESTAURANT LEASE	$	5,580.00	
SALES TAX PAYABLE	$	420.00	
	$	324,001.43	

Page 1

ENTERTAINMENT
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
DATE	DESCRIPTION	NAME	AMOUNT	DESCRIPTION	
5/1/20	1020	Lane	$	9.50	Pop Up Market	
5/1/20	1020	Lane	$	16.50	Pop Up Market	
5/5/20	1021	Wood	$	3.50	Pop Up Market	
5/5/20	1021	Wells	$	65.00	Pop Up Market	
5/26/20	1025	Till	$	(48.00)	Doo Wop - U 15/16 - 5 pm	
5/8/20	Cash	Poe	$	4.00	Pop Up Marketplace	
5/8/20	Cash	Castelli	$	5.00	Pop Up Marketplace	
5/8/20	Cash	Essy	$	10.00	Pop Up Marketplace	
5/8/20	Cash	Huffman	$	30.00	Pop Up Marketplace	
5/8/20	CK 149	Moreland	$	10.00	Pop Up Marketplace	
5/8/20	CK 1649	Holland	$	14.00	Pop Up Marketplace	
5/8/20	CK 1220	Greer	$	10.00	Pop Up Marketplace	
5/8/20	CK 567	Horn	$	7.00	Pop Up Marketplace	
5/8/20	CK 331	Abraham	$	12.50	Pop Up Marketplace	
5/8/20	CK 1167	Adamson	$	12.50	Pop Up Marketplace	
5/8/20	CK 2086	Alexander	$	12.50	Pop Up Marketplace	
5/8/20	CK 1022	Alfano	$	12.50	Pop Up Marketplace	
5/8/20	CK 7909	Alford	$	12.50	Pop Up Marketplace	
5/8/20	CK 1724	Anderson	$	12.50	Pop Up Marketplace	
5/8/20	CK 5794	Annotti	$	12.50	Pop Up Marketplace	
5/8/20	CK 2284	Aull	$	12.50	Pop Up Marketplace	
5/8/20	CK 3727	Balliet-Volpe	$	12.50	Pop Up Marketplace	
5/8/20	CK 1007	Barr	$	12.50	Pop Up Marketplace	
5/8/20	CK 2382	Bauer	$	12.50	Pop Up Marketplace	
5/8/20	CK 1642	Beck	$	12.50	Pop Up Marketplace	
5/8/20	CK 1431	Benzenberg	$	12.50	Pop Up Marketplace	
5/8/20	CK 8614	Bergstrom	$	12.50	Pop Up Marketplace	
5/8/20	CK 2696	Berkey	$	12.50	Pop Up Marketplace	
5/8/20	CK 1974	Berry	$	12.50	Pop Up Marketplace	
5/8/20	CK 1321	Birkholz	$	12.50	Pop Up Marketplace	
5/8/20	CK 211	Bishop	$	12.50	Pop Up Marketplace	
5/8/20	CK 268	Bishop	$	12.50	Pop Up Marketplace	
5/8/20	CK 4738	Bloedorn	$	12.50	Pop Up Marketplace	
5/8/20	CK 2085	Bombard	$	12.50	Pop Up Marketplace	
5/8/20	CK 6472	Boogher	$	12.50	Pop Up Marketplace	
5/8/20	CK 3861	Bopp	$	12.50	Pop Up Marketplace	
5/8/20	CK 2021	Boyle	$	12.50	Pop Up Marketplace	
5/8/20	CK 1324	Brock	$	12.50	Pop Up Marketplace	
5/8/20	CK 3240	Buie	$	12.50	Pop Up Marketplace	
5/8/20	CK 345	Butch	$	12.50	Pop Up Marketplace	
5/8/20	CK 5110	Buttriss	$	12.50	Pop Up Marketplace	
5/8/20	CK 1363	Candler	$	12.50	Pop Up Marketplace	
5/8/20	CK 1177	Carpenter	$	12.50	Pop Up Marketplace	
5/8/20	CK 4203	Cashman	$	12.50	Pop Up Marketplace	
5/8/20	CK 2000	Cassidy	$	12.50	Pop Up Marketplace	
5/8/20	CK 1982	Cerra	$	12.50	Pop Up Marketplace	
5/8/20	CK 5314	Chamernik	$	12.50	Pop Up Marketplace	
5/8/20	CK 105	Clark	$	12.50	Pop Up Marketplace	
5/8/20	CK 2990	Clauser	$	12.50	Pop Up Marketplace	
5/8/20	CK 1222	Cohen	$	12.50	Pop Up Marketplace	
5/8/20	CK 1108	Comstock	$	12.50	Pop Up Marketplace	
5/8/20	CK 1343	Connell	$	12.50	Pop Up Marketplace	
5/8/20	CK 6561	Cooke	$	12.50	Pop Up Marketplace	
5/8/20	CK 126	Cooley	$	12.50	Pop Up Marketplace	
5/8/20	CK 1532	Corley	$	12.50	Pop Up Marketplace	
5/8/20	CK 2485	Cornell	$	12.50	Pop Up Marketplace	
5/8/20	CK 1172	Costello	$	12.50	Pop Up Marketplace	
5/8/20	CK 1394	Costello	$	12.50	Pop Up Marketplace	
5/8/20	CK 1008	Creek	$	12.50	Pop Up Marketplace	

ENTERTAINMENT (CONTINUED)
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
5/8/20	CK 2199	Cuerden	$	12.50	Pop Up Marketplace	
5/8/20	CK 1246	Daugherty	$	12.50	Pop Up Marketplace	
5/8/20	CK 5982	Davis	$	12.50	Pop Up Marketplace	
5/8/20	CK 396	Deangelo	$	12.50	Pop Up Marketplace	
5/8/20	CK 4729	Debnar	$	12.50	Pop Up Marketplace	
5/8/20	CK 601	Detrow	$	12.50	Pop Up Marketplace	
5/8/20	CK 1241	D'Haeze	$	12.50	Pop Up Marketplace	
5/8/20	CK 2015	Diem	$	12.50	Pop Up Marketplace	
5/8/20	CK 1662	Dolce	$	12.50	Pop Up Marketplace	
5/8/20	CK 3326	Donaldson	$	12.50	Pop Up Marketplace	
5/8/20	CK 4614	Doten	$	12.50	Pop Up Marketplace	
5/8/20	CK 1487	Duffin	$	12.50	Pop Up Marketplace	
5/8/20	CK 1716	Duffy	$	12.50	Pop Up Marketplace	
5/8/20	CK 1200	Eaton	$	12.50	Pop Up Marketplace	
5/8/20	CK 9521	Eberhard	$	12.50	Pop Up Marketplace	
5/8/20	CK 1891	Elliott	$	12.50	Pop Up Marketplace	
5/8/20	CK 1130	Erdman	$	12.50	Pop Up Marketplace	
5/8/20	CK 3014	Essy	$	12.50	Pop Up Marketplace	
5/8/20	CK 1133	Fako	$	12.50	Pop Up Marketplace	
5/8/20	CK 1760	Farber	$	12.50	Pop Up Marketplace	
5/8/20	CK 4698	Farmer	$	12.50	Pop Up Marketplace	
5/8/20	CK 1369	Favreau	$	12.50	Pop Up Marketplace	
5/8/20	CK 2063	Ferla	$	12.50	Pop Up Marketplace	
5/8/20	CK 1056	Ferrande	$	12.50	Pop Up Marketplace	
5/8/20	CK 6556	Ferraro	$	12.50	Pop Up Marketplace	
5/8/20	CK 7722	Ferreira	$	12.50	Pop Up Marketplace	
5/8/20	CK 5468	Fetcho	$	12.50	Pop Up Marketplace	
5/8/20	CK 5602	Fitch	$	12.50	Pop Up Marketplace	
5/8/20	CK 2408	Formby	$	12.50	Pop Up Marketplace	
5/8/20	CK 1386	Fox	$	12.50	Pop Up Marketplace	
5/8/20	CK 7074	Franckowiak	$	12.50	Pop Up Marketplace	
5/8/20	CK 1139	Franzese	$	12.50	Pop Up Marketplace	
5/8/20	CK 1199	Frazer	$	12.50	Pop Up Marketplace	
5/8/20	CK 3039	French	$	12.50	Pop Up Marketplace	
5/8/20	CK 4610	Frese	$	12.50	Pop Up Marketplace	
5/8/20	CK 3984	Freudenberger	$	12.50	Pop Up Marketplace	
5/8/20	CK 2058	Fuller	$	12.50	Pop Up Marketplace	
5/8/20	CK 838	Gallina	$	12.50	Pop Up Marketplace	
5/8/20	CK 1078	Garner	$	12.50	Pop Up Marketplace	
5/8/20	CK 6476	Giebler	$	12.50	Pop Up Marketplace	
5/8/20	CK 2733	Giusti	$	12.50	Pop Up Marketplace	
5/8/20	CK 1325	Gorrsch	$	12.50	Pop Up Marketplace	
5/8/20	CK 2279	Graham	$	12.50	Pop Up Marketplace	
5/8/20	CK 8444	Graves	$	12.50	Pop Up Marketplace	
5/8/20	CK 1333	Gray	$	12.50	Pop Up Marketplace	
5/8/20	CK 2908	Griffiths	$	12.50	Pop Up Marketplace	
5/8/20	CK 1209	Guy	$	12.50	Pop Up Marketplace	
5/8/20	CK 1048	Guzzo	$	12.50	Pop Up Marketplace	
5/8/20	CK 1330	Habesh	$	12.50	Pop Up Marketplace	
5/8/20	CK 1581	Hackerd	$	12.50	Pop Up Marketplace	
5/8/20	CK 1601	Halde	$	12.50	Pop Up Marketplace	
5/8/20	CK 2192	Hammond	$	12.50	Pop Up Marketplace	
5/8/20	CK 8093	Harben	$	12.50	Pop Up Marketplace	
5/8/20	CK 351	Harmon	$	12.50	Pop Up Marketplace	
5/8/20	CK 3172	Harmon	$	12.50	Pop Up Marketplace	
5/8/20	CK 6435	Hauge	$	12.50	Pop Up Marketplace	
5/8/20	CK 2027	Hedstrom	$	12.50	Pop Up Marketplace	
5/8/20	CK 1450	Higgins	$	12.50	Pop Up Marketplace	
5/8/20	CK 1521	Hines	$	12.50	Pop Up Marketplace	
5/8/20	CK 2099	Hitchcock	$	12.50	Pop Up Marketplace	
5/8/20	CK 2204	Hittner	$	12.50	Pop Up Marketplace	
5/8/20	CK 1935	Hobley	$	12.50	Pop Up Marketplace	
5/8/20	CK 566	Horn	$	12.50	Pop Up Marketplace	
5/8/20	CK 1053	Howison	$	12.50	Pop Up Marketplace	

ENTERTAINMENT (CONTINUED)
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
5/8/20	CK 1152	Huber	$	12.50	Pop Up Marketplace	
5/8/20	CK 1602	Hullender	$	12.50	Pop Up Marketplace	
5/8/20	CK 5407	Imparl	$	12.50	Pop Up Marketplace	
5/8/20	CK 951	Interlante	$	12.50	Pop Up Marketplace	
5/8/20	CK 1305	Jameson	$	12.50	Pop Up Marketplace	
5/8/20	CK 1032	Janel	$	12.50	Pop Up Marketplace	
5/8/20	CK 796	Jensen	$	12.50	Pop Up Marketplace	
5/8/20	CK 2528	Johnston	$	12.50	Pop Up Marketplace	
5/8/20	CK 122	Jones	$	12.50	Pop Up Marketplace	
5/8/20	CK 294	Judd	$	12.50	Pop Up Marketplace	
5/8/20	CK 1818	Jusaites	$	12.50	Pop Up Marketplace	
5/8/20	CK 771	Kellar	$	12.50	Pop Up Marketplace	
5/8/20	CK 7835	Keller	$	12.50	Pop Up Marketplace	
5/8/20	CK 1815	Kennedy	$	12.50	Pop Up Marketplace	
5/8/20	CK 4630	Kettles	$	12.50	Pop Up Marketplace	
5/8/20	CK 1450	Kidder	$	12.50	Pop Up Marketplace	
5/8/20	CK 1172	Kipp	$	12.50	Pop Up Marketplace	
5/8/20	CK 2560	Knee	$	12.50	Pop Up Marketplace	
5/8/20	CK 2230	Korbar	$	12.50	Pop Up Marketplace	
5/8/20	CK 9258	Koschmeder	$	12.50	Pop Up Marketplace	
5/8/20	CK 1427	Kosek	$	12.50	Pop Up Marketplace	
5/8/20	CK 1421	Kovacs	$	12.50	Pop Up Marketplace	
5/8/20	CK 4424	Koziol	$	12.50	Pop Up Marketplace	
5/8/20	CK 10297	Krogman	$	12.50	Pop Up Marketplace	
5/8/20	CK 1254	Krumrie	$	12.50	Pop Up Marketplace	
5/8/20	CK 1337	Kuchler	$	12.50	Pop Up Marketplace	
5/8/20	CK 1114	Kutsch	$	12.50	Pop Up Marketplace	
5/8/20	CK 1310	Laudermilch	$	12.50	Pop Up Marketplace	
5/8/20	CK 907	Leavitt	$	12.50	Pop Up Marketplace	
5/8/20	CK 5729	Leininger	$	12.50	Pop Up Marketplace	
5/8/20	CK 1363	Leising	$	12.50	Pop Up Marketplace	
5/8/20	CK 1060	Leonard	$	12.50	Pop Up Marketplace	
5/8/20	CK 3304	Licalsi	$	12.50	Pop Up Marketplace	
5/8/20	CK 3451	Littlefield	$	12.50	Pop Up Marketplace	
5/8/20	CK 767	Littlefield	$	12.50	Pop Up Marketplace	
5/8/20	CK 2509	Littlehales	$	12.50	Pop Up Marketplace	
5/8/20	CK 1252	Longworth	$	12.50	Pop Up Marketplace	
5/8/20	CK 1247	Lopez	$	12.50	Pop Up Marketplace	
5/8/20	CK 1380	Luebking	$	12.50	Pop Up Marketplace	
5/8/20	CK 801	Luer	$	12.50	Pop Up Marketplace	
5/8/20	CK 1579	Lussier	$	12.50	Pop Up Marketplace	
5/8/20	CK 4175	Lutz	$	12.50	Pop Up Marketplace	
5/8/20	CK 657	Macfarland	$	12.50	Pop Up Marketplace	
5/8/20	CK 2159	Makela	$	12.50	Pop Up Marketplace	
5/8/20	CK 2284	Marino	$	12.50	Pop Up Marketplace	
5/8/20	CK 121	Martine	$	12.50	Pop Up Marketplace	
5/8/20	CK 1682	Martins	$	12.50	Pop Up Marketplace	
5/8/20	CK 1102	Materna	$	12.50	Pop Up Marketplace	
5/8/20	CK 1902	Maxwell	$	12.50	Pop Up Marketplace	
5/8/20	CK 1014	McMurry	$	12.50	Pop Up Marketplace	
5/8/20	CK 2445	Meddings	$	12.50	Pop Up Marketplace	
5/8/20	CK 11894	Mehal	$	12.50	Pop Up Marketplace	
5/8/20	CK 1685	Mentjes	$	12.50	Pop Up Marketplace	
5/8/20	CK 132	Merksamer	$	12.50	Pop Up Marketplace	
5/8/20	CK 5458	Miller	$	12.50	Pop Up Marketplace	
5/8/20	CK 1863	Miller	$	12.50	Pop Up Marketplace	
5/8/20	CK 5976	Miller	$	12.50	Pop Up Marketplace	
5/8/20	CK 5162	Mizell	$	12.50	Pop Up Marketplace	
5/8/20	CK 1136	Monaghan	$	12.50	Pop Up Marketplace	
5/8/20	CK 3413	Muller	$	12.50	Pop Up Marketplace	
5/8/20	CK 1023	Munro	$	12.50	Pop Up Marketplace	
5/8/20	CK 297	Murphey	$	12.50	Pop Up Marketplace	
5/8/20	CK 7191	Neaves	$	12.50	Pop Up Marketplace	
5/8/20	CK 1391	Nelson	$	12.50	Pop Up Marketplace	
5/8/20	CK 4058	O'Donnell	$	12.50	Pop Up Marketplace	
5/8/20	CK 1654	Olesen	$	12.50	Pop Up Marketplace	

ENTERTAINMENT (CONTINUED)
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
5/8/20	CK 5498	O'Malley	$	12.50	Pop Up Marketplace	
5/8/20	CK 5204	Pagel	$	12.50	Pop Up Marketplace	
5/8/20	CK 9148	Parota	$	12.50	Pop Up Marketplace	
5/8/20	CK 1489	Patrick	$	12.50	Pop Up Marketplace	
5/8/20	CK 637	Perez	$	12.50	Pop Up Marketplace	
5/8/20	CK 1139	Perkins	$	12.50	Pop Up Marketplace	
5/8/20	CK 9434	Pettit	$	12.50	Pop Up Marketplace	
5/8/20	CK 1514	Pfeiller	$	12.50	Pop Up Marketplace	
5/8/20	CK 502	Phillips	$	12.50	Pop Up Marketplace	
5/8/20	CK 3483	Pisciotta	$	12.50	Pop Up Marketplace	
5/8/20	CK 8250	Platt	$	12.50	Pop Up Marketplace	
5/8/20	CK 1624	Plummer	$	12.50	Pop Up Marketplace	
5/8/20	CK 6376	Prusiecki	$	12.50	Pop Up Marketplace	
5/8/20	CK 1381	Ramalho	$	12.50	Pop Up Marketplace	
5/8/20	CK 12464	Rath	$	12.50	Pop Up Marketplace	
5/8/20	CK 8037	Realmuto	$	12.50	Pop Up Marketplace	
5/8/20	CK 1885	Reardon	$	12.50	Pop Up Marketplace	
5/8/20	CK 1686	Rebo	$	12.50	Pop Up Marketplace - for Nancy Merill	
5/8/20	CK 4542	Reedy	$	12.50	Pop Up Marketplace	
5/8/20	CK 1058	Reeser	$	12.50	Pop Up Marketplace	
5/8/20	CK 10160	Reid	$	12.50	Pop Up Marketplace	
5/8/20	CK 2208	Rich	$	12.50	Pop Up Marketplace	
5/8/20	CK 208	Ritz	$	12.50	Pop Up Marketplace	
5/8/20	CK 1093	Rogers	$	12.50	Pop Up Marketplace	
5/8/20	CK 1850	Rogerson	$	12.50	Pop Up Marketplace	
5/8/20	CK 2113	Roller	$	12.50	Pop Up Marketplace	
5/8/20	CK 8995	Rossman	$	12.50	Pop Up Marketplace	
5/8/20	CK 3795	Ruston	$	12.50	Pop Up Marketplace	
5/8/20	CK 3967	Sardina	$	12.50	Pop Up Marketplace	
5/8/20	CK 289	Savala	$	12.50	Pop Up Marketplace	
5/8/20	CK 598	Sawmiller	$	12.50	Pop Up Marketplace	
5/8/20	CK 6367	Scali	$	12.50	Pop Up Marketplace	
5/8/20	CK 3980	Scianna	$	12.50	Pop Up Marketplace	
5/8/20	CK 3981	Scianna	$	12.50	Pop Up Marketplace	
5/8/20	CK 7103	Segal	$	12.50	Pop Up Marketplace	
5/8/20	CK 4488	Sell	$	12.50	Pop Up Marketplace	
5/8/20	CK 3131	Sessoms	$	12.50	Pop Up Marketplace	
5/8/20	CK 6922	Shaw	$	12.50	Pop Up Marketplace	
5/8/20	CK 1692	Shearn	$	12.50	Pop Up Marketplace	
5/8/20	CK 1874	Sheppard	$	12.50	Pop Up Marketplace	
5/8/20	CK 4136	Simonetta	$	12.50	Pop Up Marketplace	
5/8/20	CK 4820	Simpson	$	12.50	Pop Up Marketplace	
5/8/20	CK 6388	Sims	$	12.50	Pop Up Marketplace	
5/8/20	CK 1004	Sites	$	12.50	Pop Up Marketplace	
5/8/20	CK 1124	Smart	$	12.50	Pop Up Marketplace	
5/8/20	CK 3511	Smith	$	12.50	Pop Up Marketplace	
5/8/20	CK 1498	Smith	$	12.50	Pop Up Marketplace	
5/8/20	CK 3266	Smith	$	12.50	Pop Up Marketplace	
5/8/20	CK 3133	Smith	$	12.50	Pop Up Marketplace	
5/8/20	CK 1302	Spindler	$	12.50	Pop Up Marketplace	
5/8/20	CK 1297	Steenberg	$	12.50	Pop Up Marketplace	
5/8/20	CK 1312	Stern	$	12.50	Pop Up Marketplace	
5/8/20	CK 769	Stewart	$	12.50	Pop Up Marketplace	
5/8/20	CK 112	Stobbe	$	12.50	Pop Up Marketplace	
5/8/20	CK 3735	Stone	$	12.50	Pop Up Marketplace	
5/8/20	CK 2029	Straight	$	12.50	Pop Up Marketplace	
5/8/20	CK 1787	Straight	$	12.50	Pop Up Marketplace	
5/8/20	CK 1066	Straka	$	12.50	Pop Up Marketplace	
5/8/20	CK 8077	Stump	$	12.50	Pop Up Marketplace	
5/8/20	CK 1553	Sutherland	$	12.50	Pop Up Marketplace	
5/8/20	CK 1643	Switalski	$	12.50	Pop Up Marketplace	
5/8/20	CK 1291	Teyssier	$	12.50	Pop Up Marketplace	
5/8/20	CK 1534	Thurman	$	12.50	Pop Up Marketplace	
5/8/20	CK 491	Totten	$	12.50	Pop Up Marketplace	
5/8/20	CK 706	Totten	$	12.50	Pop Up Marketplace	

ENTERTAINMENT (CONTINUED)
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
5/8/20	CK 2243	Tressler	$	12.50	Pop Up Marketplace	
5/8/20	CK 1121	Van Sickle	$	12.50	Pop Up Marketplace	
5/8/20	CK 2216	Vieno	$	12.50	Pop Up Marketplace	
5/8/20	CK 2254	Wackerle	$	12.50	Pop Up Marketplace	
5/8/20	CK 2882	Walker	$	12.50	Pop Up Marketplace	
5/8/20	CK 355	Ward	$	12.50	Pop Up Marketplace	
5/8/20	CK 1957	Watson	$	12.50	Pop Up Marketplace	
5/8/20	CK 478	Watterson	$	12.50	Pop Up Marketplace	
5/8/20	CK 11894	Weiss	$	12.50	Pop Up Marketplace	
5/8/20	CK 1154	Williams	$	12.50	Pop Up Marketplace	
5/8/20	CK 1631	Winfrey	$	12.50	Pop Up Marketplace	
5/8/20	CK 1222	Wood	$	12.50	Pop Up Marketplace	
5/8/20	CK 1783	Woolard	$	12.50	Pop Up Marketplace	
5/8/20	CK 957	Worthen	$	12.50	Pop Up Marketplace	
5/8/20	CK 2221	Wygant	$	12.50	Pop Up Marketplace	
5/8/20	CK 1187	Yakaites	$	12.50	Pop Up Marketplace	
5/8/20	CK 3201	Zacharia	$	12.50	Pop Up Marketplace	
5/8/20	CK 8713	Ziegler	$	12.50	Pop Up Marketplace	
5/22/20	Cash	Cash	$	29.00	Pop Up Marketplace	
5/22/20	Cash	Dillon	$	20.00	Pop Up Marketplace	
5/22/20	Cash	Hanley	$	6.50	Pop Up Marketplace	
5/22/20	CK 1334	Anderson	$	12.50	Pop Up Marketplace	
5/22/20	CK 1577	Allen	$	59.50	Pop Up Marketplace	
5/22/20	CK 5795	Annotti	$	24.50	Pop Up Marketplace	
5/22/20	CK 3119	Ax	$	25.00	Pop Up Marketplace	
5/22/20	CK 1976	Berry	$	25.80	Pop Up Marketplace - Joseph Parker	
5/22/20	CK 1323	Birkolz	$	32.00	Pop Up Marketplace	
5/22/20	CK 4741	Bloedorn	$	125.00	Pop Up Marketplace	
5/22/20	CK 8375	Boruschewitz	$	40.00	Pop Up Marketplace	
5/22/20	CK 5315	Buckman	$	64.00	Pop Up Marketplace	
5/22/20	CK 3241	Buie	$	31.00	Pop Up Marketplace	
5/22/20	CK 1178	Carpenter	$	41.10	Pop Up Marketplace	
5/22/20	CK 1984	Cerra	$	71.80	Pop Up Marketplace	
5/22/20	CK 8034	Cooke	$	99.60	Pop Up Marketplace	
5/22/20	CK 6191	Cooney	$	9.50	Pop Up Marketplace	
5/22/20	CK 1176	Costello	$	17.00	Pop Up Marketplace	
5/22/20	CK 107	Creek	$	30.50	Pop Up Marketplace	
5/22/20	CK 2201	Cuerden	$	107.80	Pop Up Marketplace	
5/22/20	CK 1538	Custen	$	110.00	Pop Up Marketplace	
5/22/20	CK 1248	Daugherty	$	32.50	Pop Up Marketplace	
5/22/20	CK 2043	Dillon	$	6.00	Pop Up Marketplace	
5/22/20	CK 06815292	Edward Jones - Simpson	$	200.00	Pop Up Marketplace	
5/22/20	CK 0210	Enslen	$	30.50	Pop Up Marketplace	
5/22/20	CK 7041	Essy	$	53.00	Pop Up Marketplace	
5/22/20	CK 1428	Fachado	$	122.00	Pop Up Marketplace	
5/22/20	CK 5469	Fetcho	$	22.00	Pop Up Marketplace	
5/22/20	CK 2062	Fuller	$	22.00	Pop Up Marketplace	
5/22/20	CK 1704	Gerard	$	100.00	Pop Up Marketplace	
5/22/20	CK 6478	Giebler	$	12.00	Pop Up Marketplace	
5/22/20	CK 272	Gill-Jacobsen	$	24.50	Pop Up Marketplace	
5/22/20	CK 9453	Gleber	$	15.00	Pop Up Marketplace	
5/22/20	CK 2048	Gnecco	$	53.00	Pop Up Marketplace	
5/22/20	CK 1996	Gordon	$	104.00	Pop Up Marketplace	
5/22/20	CK 3096	Gorslene	$	12.50	Pop Up Marketplace	
5/22/20	CK 2199	Graves	$	49.50	Pop Up Marketplace	
5/22/20	CK 3944	Griffin	$	12.50	Pop Up Marketplace	
5/22/20	CK 3947	Griffin	$	48.60	Pop Up Marketplace	
5/22/20	CK 1584	Hackerd	$	31.50	Pop Up Marketplace	
5/22/20	CK 322	Hammond	$	12.50	Pop Up Marketplace	
5/22/20	CK 1351	Hanley	$	35.50	Pop Up Marketplace	
5/22/20	CK 3173	Harmon	$	25.00	Pop Up Marketplace	
5/22/20	CK 354	Harmon	$	27.50	Pop Up Marketplace	
5/22/20	CK 5005	Hattendorf	$	45.50	Pop Up Marketplace	
5/22/20	CK 3918	Hertberg	$	25.00	Pop Up Marketplace	
5/22/20	CK 3923	Herzberg	$	24.50	Pop Up Marketplace	

ENTERTAINMENT (CONTINUED)
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
5/22/20	CK 1617	Hillock	$	104.00	Pop Up Marketplace	
5/22/20	CK 309	Horn	$	53.60	Pop Up Marketplace	
5/22/20	CK 334	Howardson	$	42.50	Pop Up Marketplace	
5/22/20	CK 156	Huffman	$	40.50	Pop Up Marketplace	
5/22/20	CK 7794	Inman	$	26.50	Pop Up Marketplace	
5/22/20	CK 953	Interlante	$	16.50	Pop Up Marketplace	
5/22/20	CK 123	Jones	$	19.40	Pop Up Marketplace	
5/22/20	CK 1819	Jusaites	$	12.50	Pop Up Marketplace	
5/22/20	CK 1891	Kantrowitz	$	12.50	Pop Up Marketplace	
5/22/20	CK 1892	Kantrowitz	$	56.00	Pop Up Marketplace	
5/22/20	CK 483	Kennedy	$	97.40	Pop Up Marketplace	
5/22/20	CK 1030	King	$	63.90	Pop Up Marketplace	
5/22/20	CK 1174	Kipp	$	70.00	Pop Up Marketplace	
5/22/20	CK 8478	Krouson	$	54.90	Pop Up Marketplace	
5/22/20	CK 1341	Kuchler	$	36.00	Pop Up Marketplace	
5/22/20	CK 355	LaFountain	$	37.80	Pop Up Marketplace	
5/22/20	CK 5096	Landgrebe	$	247.00	Pop Up Marketplace	
5/22/20	CK 2196	Lanning	$	12.50	Pop Up Marketplace	
5/22/20	CK 1078	Lester	$	5.50	Pop Up Marketplace	
5/22/20	CK 1232	Longworth	$	16.30	Pop Up Marketplace	
5/22/20	CK 2839	Lynch	$	12.50	Pop Up Marketplace	
5/22/20	CK 2840	Lynch	$	12.50	Pop Up Marketplace	
5/22/20	CK 2285	Marino	$	35.00	Pop Up Marketplace	
5/22/20	CK 1352	Martinez	$	93.40	Pop Up Marketplace	
5/22/20	CK 1351	Martinez	$	30.00	Pop Up Marketplace	
5/22/20	CK 2930	Mattocks	$	170.00	Pop Up Marketplace	
5/22/20	CK 335	McClure	$	30.00	Pop Up Marketplace	
5/22/20	CK 1166	McGraw	$	29.50	Pop Up Marketplace	
5/22/20	CK 1015	McMurry	$	27.60	Pop Up Marketplace	
5/22/20	CK 2240	McNamara	$	11.00	Pop Up Marketplace	
5/22/20	CK 1079	Miller	$	12.50	Pop Up Marketplace	
5/22/20	CK 5460	Miller	$	46.60	Pop Up Marketplace	
5/22/20	CK 1864	Miller	$	21.00	Pop Up Marketplace	
5/22/20	CK 4309	Mistretta	$	28.00	Pop Up Marketplace	
5/22/20	CK 5164	Mizell	$	9.50	Pop Up Marketplace	
5/22/20	CK 209527150140	MoneyGram	$	450.00	Pop Up Marketplace	
5/22/20	CK 7192	Neaves	$	23.00	Pop Up Marketplace	
5/22/20	CK 6527	Nelson	$	119.50	Pop Up Marketplace	
5/22/20	CK 1057	Neuner	$	30.00	Pop Up Marketplace	
5/22/20	CK 5630	O'Brien	$	82.50	Pop Up Marketplace	
5/22/20	CK 203	Olenick	$	42.00	Pop Up Marketplace	
5/22/20	CK 2038	Olney	$	34.00	Pop Up Marketplace	
5/22/20	CK 5499	O'Mallery	$	58.00	Pop Up Marketplace	
5/22/20	CK 8022	Parota	$	45.30	Pop Up Marketplace	
5/22/20	CK 641	Perez	$	21.50	Pop Up Marketplace	
5/22/20	CK 4066	Pickard	$	16.00	Pop Up Marketplace	
5/22/20	CK 8251	Platt	$	98.00	Pop Up Marketplace	
5/22/20	CK 1625	Plummer	$	30.00	Pop Up Marketplace	
5/22/20	CK 001304	Poole	$	12.50	Pop Up Marketplace	
5/22/20	CK 6377	Prusiecki	$	18.00	Pop Up Marketplace	
5/22/20	CK 2135	Pryor	$	121.40	Pop Up Marketplace	
5/22/20	CK 4227	Puntureri	$	58.00	Pop Up Marketplace	
5/22/20	CK 8043	Realmuto	$	70.00	Pop Up Marketplace	
5/22/20	CK 1688	Rebo	$	18.00	Pop Up Marketplace	
5/22/20	CK 1146	Reed	$	12.50	Pop Up Marketplace	
5/22/20	CK 5000	Ritz	$	116.90	Pop Up Marketplace	
5/22/20	CK 4669	Robillard	$	13.50	Pop Up Marketplace - Carole Gillespie	
5/22/20	CK 8547	Rosendall	$	14.90	Pop Up Marketplace	
5/22/20	CK 1558	Schartz	$	5.50	Pop Up Marketplace	
5/22/20	CK 1075	Schwartz	$	47.00	Pop Up Marketplace	
5/22/20	CK 3982	Scianna	$	19.40	Pop Up Marketplace	
5/22/20	CK 7104	Segal	$	49.00	Pop Up Marketplace	
5/22/20	CK 4490	Sell	$	56.90	Pop Up Marketplace	
5/22/20	CK 3133	Sessoms	$	31.50	Pop Up Marketplace	
5/22/20	CK 1877	Sheppard	$	15.00	Pop Up Marketplace	
LAKE ASHTON CDD
MAY 2020 CASH RECEIPTS
ENTERTAINMENT (CONTINUED)
5/22/20	CK 4821	Simpson	$	15.50	Pop Up Marketplace	
5/22/20	CK 1321	Stahl	$	30.30	Pop Up Marketplace	
5/22/20	CK 1478	Stone	$	12.50	Pop Up Marketplace	
5/22/20	CK 1188	Strassberg	$	24.00	Pop Up Marketplace	
5/22/20	CK 1294	Teyssier	$	16.00	Pop Up Marketplace	
5/22/20	CK 1643	Turpin	$	16.50	Pop Up Marketplace	
5/22/20	CK 1192	Van Sickle	$	18.50	Pop Up Marketplace	
5/22/20	CK 3941	Vasquenza	$	19.00	Pop Up Marketplace	
5/22/20	CK 4408	Wallner	$	12.50	Pop Up Marketplace	
5/22/20	CK 3375	Weissberg	$	12.50	Pop Up Marketplace	
5/22/20	CK 3380	Weissberg	$	41.90	Pop Up Marketplace	
TOTAL			$	9,046.10		

RENTALS
DATE	DESCRIPTION	NAME	AMOUNT	DESCRIPTION	
5/22/20	1024	Parker	$	250.00	Parker Wedding - re-scheduled from July - Feb	
TOTAL			$	250.00		

NEWSLETTER
DATE	DESCRIPTION	NAME	AMOUNT	DESCRIPTION	
5/26/20	1025	Art's Golf Carts	$	360.00	LAT Ad - June Issue	
5/26/20	1025	Blackburn's Interiors	$	400.00	LAT Ad - June Issue	
5/26/20	1025	Crooked Bass	$	75.00	LAT Ad - June Issue	
5/26/20	1025	Cherry Pocket	$	75.00	LAT Ad - June Issue	
5/26/20	1025	Family Elder Law	$	350.00	LAT Ad - June Issue	
5/26/20	1025	James Weaver Law	$	360.00	LAT Ad - June Issue	
5/26/20	1025	Morgan Stanley - Grubb	$	160.00	LAT Ad - June Issue	
5/26/20	1025	Performance Plus Carts	$	360.00	LAT Ad - June Issue	
5/26/20	1025	Robinson's Aluminum	$	175.25	LAT Ad - June Issue	
5/8/20	CK 067799805	Edward Jones - Simpson	$	75.00	LAT Insert-May (credit of $125 from Mon Coffee	
5/8/20	CK 8044	Ligon Marketing	$	350.00	LAT Ad - did not place in May apply credit for June	
5/22/20	CK 06818264	Edward Jones - Kennedy	$	360.00	LAT Ad - June Issue	
5/22/20	CK 1144	Schmidt	$	200.00	LAT Insert - June Issue	
TOTAL			$	3,300.25		

CLERICAL
DATE	DESCRIPTION	NAME	AMOUNT	DESCRIPTION	
5/12/20	1022	Schlude	$	12.00	LAT Mailing - June - Sept	
5/12/20	1022	Garvin	$	12.00	LAT Mailing - June - Sept	
5/12/20	1022	Storrs	$	21.00	LAT Mailing - June - Dec	
5/12/20	1022	Pratt	$	15.00	LAT Mailing - June - Oct	
5/14/20	1023	Giusti	$	15.00	LAT Mailing - June - Oct	
TOTAL			$	75.00		

MISCELLANEOUS
DATE	DESCRIPTION	NAME	AMOUNT	DESCRIPTION	
5/22/20	Cash	Cash	$	19.00	Surplus Metal Recycling	
TOTAL			$	19.00		

SUMMARY	
ENTERTAINMENT	$	9,046.10
ROOM RENTALS	$	250.00
NEWSLETTER	$	3,300.25
CLERICAL	$	75.00
COFFEE	$	-
DEPOSITS	$	-
ENTRANCE GATE OPENER	$	-
SECURITY	$	-	
TOTAL	$	12,690.35	
Lake Ashton CDD
Special Assessment Receipts
Fiscal Year Ending September 30, 2020

		$1,848,750.01		$444,384.65	$51,674.31	$496,058.96										

Date	
Collection	
O&M	
O&M	
Debt Svc	
Debt Svc	O&M
Discounts/	Debt
Discounts/	
Commissions	
Net Amount		.36300.10100
General Fund		2015-1
Debt Svc Fund	2015-2
Debt Svc Fund	
Debt Total	
Received	Period	Receipts	Interest	Receipts	Interest	Penalties	Penalties	Paid	Received		100.00%		89.583%	10.417%	100%	

11/14/19	
10/01/19-10/31/19	
$	1,875.00    $	-	$	977.74    $	-	$	75.00    $	39.11    $	54.77    $	2,683.86	
$	1,756.81	
$	830.47	
$	96.57	
$	927.04										
11/18/19	06/01/19-10/15/19	$	27,879.15    $	-	$     8,270.64    $	-	$   1,417.82    $	415.52    $	686.33    $	33,630.12	$	25,920.20	$	6,906.78	$	803.14	$ 7,709.92										
11/22/19	11/01/19-11/06/19	$	41,250.00    $	-	$   10,348.18    $	-	$   1,650.00    $	413.93    $	990.70    $	48,543.56	$	38,818.89	$	8,711.65	$	1,013.02	$ 9,724.66										
11/29/19	11/07/19-11/15/19	$    423,750.00    $	-	$ 101,462.64    $	-	$ 16,950.00 $ 4,058.39 $ 10,084.10 $ 494,120.16	$ 398,849.26	$	85,346.56	$	9,924.34	$ 95,270.90										
12/06/19	11/16/19-11/24/19	$    500,625.00    $	-	$ 123,833.01    $	-	$ 20,025.00 $ 4,953.15 $ 11,989.60 $ 587,490.26	$ 471,146.88	$	104,223.93	$ 12,119.45	$ 116,343.39										
12/13/19	11/25/19-11/30/19	$    648,750.00    $	-	$ 191,369.10    $	-	$ 25,950.00 $ 7,654.48 $ 16,130.29 $ 790,384.33	$ 610,082.17	$	161,520.14	$ 18,782.02	$ 180,302.16										
01/14/20	12/01/19-12/31/19	$    111,463.77    $	-	$   35,749.74    $	-	$ 3,432.33 $ 1,090.96 $ 2,853.80 $  139,836.42	$ 105,781.38	$	30,507.54	$	3,547.50	$ 34,055.04										
01/31/20	INTEREST	$	-	$    940.76    $	-	$ 252.55    $	-	$	-	$	-	$	1,193.31	$	940.76	$	226.24	$	26.31	$	252.55										
02/14/20	01/01/20-01/31/20	$	29,093.59    $	-	$     8,662.22    $	-	$	577.13    $	169.38    $	740.19    $	36,269.11	$	27,932.86	$	7,467.86	$	868.38	$ 8,336.25										
03/13/20	02/01/20-02/29/20	$	20,213.64    $	-	$     3,435.01    $	-	$	187.50    $	28.38    $	468.65    $	22,964.12	$	19,656.64	$	2,962.95	$	344.54	$ 3,307.49										
04/15/20	03/01/20-03/31/20	$	24,123.68    $	-	$     6,323.09    $	-	$	-	$	-	$	608.93    $	29,837.84	$	23,643.58	$	5,549.01	$	645.26	$ 6,194.27										
04/30/20	INTEREST	$	-	$	61.97    $	-	$   15.55    $	-	$	-	$	-	$	77.52	$	61.97	$	13.93	$	1.62	$	15.55										
05/15/20	04/01/20-04/30/20	$	6,601.18	$	-	$ 1,046.82	$	-	$	(56.25)	$	(22.97)	$	154.55	$	7,572.67	$	6,535.57	$	929.06	$	108.03	$ 1,037.09					
6/15/20	05/01/20-05/31/20	$	3,750.00	$	-	$	765.82	$	-	$ (112.50)	$	(22.97)	$	93.03	$	4,558.26	$	3,789.15	$	688.99	$	80.12	$	769.11					
$ 1,839,375.01	$ 1,002.73	$ 492,244.01	$ 268.10	$ 70,096.03	$ 18,777.36	$ 44,854.92	$ 2,199,161.54	$ 1,734,916.13	$	415,885.11	$ 48,360.30	$ 464,245.41					
BALANCE REMAINING	$9,375.00		$3,814.95														

SECTION B
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
May 31, 2020

	 	Major Funds	
Debt	Capital
 	General		 	Service		 	Reserve		Total Governmental
 	Funds		
ASSETS:			
Cash-Wells Fargo	$77,027	---	$21,843	$98,870	
Assessments Receivable	$3,789	$769	---	$4,558	
Accounts Receivable	---	---	---	$0	
Due from Other Funds	$1,408	$15,818	---	$17,226	
Investment - State Board	$548,328	---	---	$548,328	
Investment - State Board Capital Reserve	---	---	$755,179	$755,179	
Investments:			
Series 2015			
Reserve A	---	$226,813	---	$226,813	
Interest A	---	$1,744	---	$1,744	
Revenue A	---	$104,145	---	$104,145	
Prepayment A-1	---	$15,826	---	$15,826	
Prepayment A-2	---	$6,508	---	$6,508	
Prepaid Expenses	$16,305	---	---	$16,305	

TOTAL ASSETS	 	$646,857	$371,623	$777,022	$1,795,502

LIABILITIES:						
Accounts Payable		$45,789	---	$50,568	$96,357	
Due to Other Funds		$7,247	$8,571	$1,408	$17,226	
Sales Tax Payable		---	---	---	$0	
Deposits-Restaurant		$6,000	---	---	$6,000	
Deposits-Room Rentals		$4,975	---	---	$4,975	
Deferred Revenue		 	$17,750 	 	--- 	 	--- 	 	$17,750 	
	TOTAL LIABILITIES	 	$81,761 	 	$8,571 	 	$51,976 	 	$142,309 	

FUND BALANCES:
Restricted:
Debt Service	---	$363,052	---	$363,052 Assigned:
Capital Reserve		---	---	$725,046	$725,046	
Assigned		$164,826	---	---	$164,826	
Unassigned		 	$383,965 	 	--- 	 	--- 	 	$383,965 	
	TOTAL FUND BALANCES	 	$565,095 	 	$363,052 	 	$725,046 	 	$1,653,193 	
TOTAL LIABILITIES & FUND BALANCES	 	$646,857	$371,623	$777,022	$1,795,502
  	 
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Period Ended May 31, 2020

 DESCRIPTION	

REVENUES:		ADOPTED
 	BUDGET			PRORATED BUDGET
     THRU 05/31/20			ACTUAL
     THRU 05/31/20			 	VARIANCE		
Special Assessments - Levy (1)		$1,719,338		$1,719,338		$1,734,916		$15,578	
Rental Income		$50,000		$33,333		$39,425		$6,092	
Special Events Revenue		$130,000		$130,000		$182,962		$52,962	
Newsletter Ad Revenue		$70,000		$46,667		$64,479		$17,812	
Interest Income		$1,000		$667		$5,349		$4,683	
Contributions		$0		$0		$8,000		$8,000	
Miscellaneous Income		$5,000		$3,333		$10,314		$6,980	
Restaurant Lease		$12,000		$8,000		$5,580		($2,420)	
TOTAL REVENUES		 	$1,987,338 		 	$1,941,338 		 	$2,051,025 		 	$109,687 	
EXPENDITURES:									
ADMINISTRATIVE:
Supervisor Fees		
$3,000		
$2,000		
$3,150		
($1,150)	
FICA Expense		$230		$153		$241		($88)	
Engineering		$20,000		$13,333		$72,930		($59,597)	
Arbitrage		$600		$400		$0		$400	
Dissemination		$1,000		$667		$1,267		($600)	
Attorney		$25,000		$16,667		$42,508		($25,841)	
Attorney-Golf Course		$25,000		$25,000		$30,632		($5,632)	
Annual Audit		$4,223		$4,223		$4,300		($77)	
Trustee Fees		$4,310		$4,310		$4,310		$0	
Management Fees		$60,236		$40,158		$40,157		$0	
Computer Time		$1,000		$667		$667		$0	
Postage		$3,200		$2,133		$1,911		$222	
Printing & Binding		$2,000		$1,333		$633		$701	
Newsletter Printing		$35,000		$23,333		$25,841		($2,508)	
Rentals & Leases		$6,500		$4,333		$2,851		$1,483	
Insurance		$40,411		$40,411		$38,956		$1,455	
Legal Advertising		$1,200		$800		$871		($71)	
Other Current Charges		$1,250		$833		$662		$172	
Contingency-Golf Course		$15,000		$10,000		$136,150		($126,150)	
Property Taxes		$13,500		$13,500		$13,325		$175	
Office Supplies		$125		$83		$21		$62	
Dues, Licenses & Subscriptions		$175		$175		$175		$0	
TOTAL ADMINISTRATIVE		 	$262,960 		 	$204,513 		 	$421,557 		 	($217,044)	
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Period Ended May 31, 2020

 DESCRIPTION			ADOPTED
 	BUDGET			PRORATED BUDGET
     THRU 05/31/20			ACTUAL
     THRU 05/31/20			 	VARIANCE		
Field:									
Field Management Services		$341,960		$227,974		$226,463		$1,511	
Gate Attendants		$195,565		$130,377		$142,900		($12,523)	
Pool Attendants		$0		$0		$3,874		($3,874)	
Pest Control		$1,800		$1,200		$10,687		($9,487)	
Security/Fire Alarm/Gate Repairs		$7,500		$5,000		$6,740		($1,740)	
Telephone/Internet		$13,600		$9,067		$8,503		$564	
Electric		$216,000		$144,000		$129,532		$14,468	
Water		$15,000		$10,000		$15,162		($5,162)	
Gas		$22,000		$14,667		$12,286		$2,381	
Refuse		$10,500		$7,000		$7,532		($532)	
Clubhouse Maintenance		$110,000		$73,333		$85,245		($11,912)	
Stormwater Preventive Maintenance		$15,000		$10,000		$0		$10,000	
Golf Cart Preventative Maintenance		$1,140		$760		$950		($190)	
Pool and Fountain Maintenance		$20,000		$13,333		$17,290		($3,956)	
Landscape Maintenance		$164,007		$109,338		$110,449		($1,111)	
Plant Replacement		$7,000		$4,667		$441		$4,226	
Irrigation Repairs		$3,500		$2,333		$1,634		$700	
Lake Maintenance		$18,540		$12,360		$25,965		($13,605)	
Wetland Mitigation and Maintenance		$34,800		$23,200		$10,100		$13,100	
Permits/Inspections		$1,500		$1,000		$600		$400	
Office Supplies/Printing/Binding		$7,000		$4,667		$2,466		$2,200	
Operating Supplies		$23,000		$15,333		$15,072		$261	
Credit Card Processing Fees		$4,000		$2,667		$3,005		($339)	
Dues & Subscriptions		$8,500		$5,667		$7,198		($1,531)	
Decorations		$2,000		$1,333		$200		$1,133	
Special Events		$130,000		$86,667		$148,739		($62,073)	
TOTAL FIELD	 	$1,373,912 		 	$915,942 		 	$993,032 		 	($77,091) 			
TOTAL EXPENDITURES	 	$1,636,872 		 	$1,120,454 		 	$1,414,589 		 	($294,134)			
Excess (deficiency) of revenues
over (under) expenditures	 	$350,466 		 	$820,884 		 	$636,436 		 	($184,447)			
OTHER FINANCING SOURCES/(USES)									
Capital Reserve-Transfer Out	($515,291)		($515,291)		($515,291)		$0		
TOTAL OTHER FINANCING SOURCES/(USES)	 	($515,291)		 	($515,291)		 	($515,291)		 	$0 		
Net change in fund balance	($164,825)		$305,593		$121,145		($184,447)		
FUND BALANCE - Beginning	$164,826				$443,950				
FUND BALANCE - Ending	 	$0 				$565,095				
(1) Assessments are shown net of Discounts and Collection Fees.									
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS RESERVE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Period Ended May 31, 2020

 DESCRIPTION	

REVENUES:		ADOPTED
 	BUDGET			PRORATED BUDGET
 	THRU 05/31/20			ACTUAL
 	THRU 05/31/20			     VARIANCE		
Interest Income		$100		$67		$2,969		$2,903	
Capital Reserve-Transfer In FY 20		$515,291		$515,291		$515,291		$0	
TOTAL REVENUES		 	$515,391 		 	$515,358 		 	$518,260 		 	$2,903 	
EXPENDITURES:									
Capital Projects:
Capital Reserves-FY20		
$4,700		
$3,133		
$868		
$2,266	
Restaurant Equipment Allowance		$15,000		$10,000		$12,057		($2,057)	
Stormwater Management		$0		$0		$2,500		($2,500)	
Pet Park		$0		$0		$9,681		($9,681)	
Guardhouse Exterior Painting		$0		$0		$2,085		($2,085)	
Flooring Replacement		$0		$0		$50,477		($50,477)	
Partitions		$0		$0		$1,017		($1,017)	
Other Current Charges		$500		$333		$371		($38)	
TOTAL EXPENDITURES	 	$20,200 		 	$13,467 		 	$79,056 		 	($65,590) 			
Excess (deficiency) of revenues
over (under) expenditures	 	$495,191 		
 	$501,891 		
 	$439,204 		
 	($62,687) 			
Net change in fund balance	$495,191		$501,891		$439,204		($62,687)		
									
FUND BALANCE - Beginning	$173,239				$285,842				
FUND BALANCE - Ending	 	$668,430 				 	$725,046 				
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT SERIES 2015
DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended May 31, 2020

 DESCRIPTION	

REVENUES:		ADOPTED
 	BUDGET			PRORATED
 	THRU 05/31/20			ACTUAL
 	THRU 05/31/20			    VARIANCE		
Interest Income		$0		$0		$237		$237	
Assessments - Levy		$470,241		$470,241		$464,245		($5,996)	
Assessments - Prepayments A-1		$0		$0		$76,075		$76,075	
Assessments - Direct		$0		$0		$1,741		$1,741	
TOTAL REVENUES		 	$470,241 		 	$470,241 		 	$542,299 		 	$72,058 	
EXPENDITURES:									
Series 2015A-1
Interest - 11/01		
$98,125		
$98,125		
$98,125		
$0	
Interest - 5/01		$98,125		$98,125		$96,375		$1,750	
Principal - 5/01		$220,000		$220,000		$215,000		$5,000	
Special Call - 11/01		$10,000		$10,000		$70,000		($60,000)	
Special Call - 05/01		$0		$0		$85,000		($85,000)	
Series 2015A-2
Interest - 11/01		
$13,750		
$13,750		
$13,750		
$0	
Interest - 5/01		$13,750		$13,750		$13,250		$500	
Principal - 5/01		$20,000		$20,000		$20,000		$0	
Special Call - 11/01		$0		$0		$20,000		($20,000)	
Special Call - 5/01		$0		$0		$0		$0	
TOTAL EXPENDITURES		 	$473,750 		 	$473,750 		 	$631,500 		 	($157,750)	
Excess (deficiency) of revenues over (under) expenditures		
 	($3,509) 		
 	($3,509) 		
 	($89,201) 		
 	($85,692) 	
Net change in fund balance		($3,509)		($3,509)		($89,201)		($85,692)	
									
FUND BALANCE - Beginning		$137,638				$452,253			
FUND BALANCE - Ending		 	$134,129 				 	$363,052 			
LAKE ASHTON COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2020

Series 2015-1, Special Assessment Bonds			
Interest Rate:	5.000%
5/1/25
5.000%
5/1/32 50% Maximum Annual Debt Service

November 1, 2019 (Special Call)
May 1, 2020 (Mandatory)
May 1, 2020 (Special Call)		
Maturity Date:		$1,425,000.00	
Interest Rate:			
Maturity Date:		$2,500,000.00	
Reserve Requirement:			
Bonds outstanding - 9/30/2019		$3,925,000.00	
		($70,000.00)	
		($215,000.00)	
		($85,000.00)	
Current Bonds Outstanding		$3,555,000.00	

Series 2015-2, Special Assessment Bonds			
Interest Rate:	5.000%
5/1/25
5.000%
5/1/37 50% Maximum Annual Debt Service

November 1, 2019 (Special Call)
May 1, 2020 (Mandatory)		
Maturity Date:		$115,000.00	
Interest Rate:			
Maturity Date:		$435,000.00	
Reserve Requirement:			
Bonds outstanding - 9/30/2019		$550,000.00	
		($20,000.00)	
		($20,000.00)	
Current Bonds Outstanding		$510,000.00	

Total Current Bonds Outstanding	$4,065,000.00	
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT
General Fund
Statement of Revenues and Expenditures (Month by Month)
FY 2020

	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG		SEP	TOTAL	
	2019	2019	2019	2020	2020	2020	2020	2020	2020	2020	2020		2020		
Revenues															

Maintenance Assessments	
$0	
$1,546,574	
$106,722	
$0	
$27,933	
$43,362	
$6,536	
$3,789	
$0		
$0	
$0	
$0	
$1,734,916	
Rental Income	$8,600	$5,850	$10,125	$7,250	$6,850	$2,000	($1,500)	$250	$0		$0	$0	$0	$39,425	
Special Events Revenue	$120,713	$14,095	$6,969	$7,609	$5,053	$1,812	$17,666	$9,046	$0		$0	$0	$0	$182,962	
Newsletter Ad Revenue	$18,288	$6,497	$5,406	$8,155	$12,280	$5,020	$5,532	$3,300	$0		$0	$0	$0	$64,479	
Interest Income	$448	$353	$286	$284	$953	$1,568	$967	$491	$0		$0	$0	$0	$5,349	
Contributions	$0	$0	$0	$8,000	$0	$0	$0	$0	$0		$0	$0	$0	$8,000	
Miscellaneous Income	$1,371	$1,490	$1,427	$2,673	$1,349	$818	$1,092	$94	$0		$0	$0	$0	$10,314	
Restaurant Lease	$930	$930	$930	$930	$930	$930	$0	$0	$0		$0	$0	$0	$5,580	
Total Revenues	$150,351	$1,575,789	$131,865	$34,900	$55,348	$55,510	$30,292	$16,970	$0		$0	$0	$0	$2,051,025	
ADMINISTRATIVE:
Supervisor Fees	
$650	
$900	
$200	
$400	
$200	
$200	
$400	
$200	
$0		
$0	
$0	
$0	
$3,150	
FICA Expense	$50	$69	$15	$31	$15	$15	$31	$15	$0		$0	$0	$0	$241	
Engineering	$11,853	$9,265	$960	$4,776	$13,207	$16,492	$12,864	$3,513	$0		$0	$0	$0	$72,930	
Arbitrage	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Dissemination	$83	$83	$83	$83	$433	$83	$83	$333	$0		$0	$0	$0	$1,267	
Attorney	$3,770	$2,597	$3,609	$4,275	$7,233	$11,219	$5,833	$3,970	$0		$0	$0	$0	$42,508	
Attorney-Golf Course	$3,306	$13,776	$8,086	$1,087	$506	$632	$2,453	$788	$0		$0	$0	$0	$30,632	
Annual Audit	$500	$0	$0	$0	$0	$0	$0	$3,800	$0		$0	$0	$0	$4,300	
Trustee Fees	$0	$0	$0	$0	$0	$0	$4,310	$0	$0		$0	$0	$0	$4,310	
Management Fees	$5,020	$5,020	$5,020	$5,020	$5,020	$5,020	$5,020	$5,020	$0		$0	$0	$0	$40,157	
Computer Time	$83	$83	$83	$83	$83	$83	$83	$83	$0		$0	$0	$0	$667	
Travel & Per Diem	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Postage	$134	$327	$143	$528	$286	$257	$138	$99	$0		$0	$0	$0	$1,911	
Printing & Binding	$55	$140	$99	$48	$30	$85	$152	$24	$0		$0	$0	$0	$633	
Newsletter Printing	$4,204	$3,707	$3,892	$3,748	$3,748	$6,363	$0	$179	$0		$0	$0	$0	$25,841	
Rentals & Leases	$163	$163	$1,075	$163	$0	$964	$163	$163	$0		$0	$0	$0	$2,851	
Insurance	$37,794	$0	$0	$0	$0	$1,162	$0	$0	$0		$0	$0	$0	$38,956	
Legal Advertising	$0	$132	$0	$73	$224	$316	$127	$0	$0		$0	$0	$0	$871	
Other Current Charges	$142	$106	$99	($7)	$0	$66	$109	$147	$0		$0	$0	$0	$662	
Contingency-Golf Course	$0	$2,250	$115,000	$18,900	$0	$0	$0	$0	$0		$0	$0	$0	$136,150	
Property Taxes	$0	$13,325	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$13,325	
Office Supplies	$3	$12	$0	$0	$0	$6	$0	$0	$0		$0	$0	$0	$21	
Dues, Licenses & Subscriptions	$175	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$175	
Total Administrative	$67,984	$51,954	$138,364	$39,208	$30,986	$42,963	$31,765	$18,333	$0		$0	$0	$0	$421,557	
LAKE ASHTON
COMMUNITY DEVELOPMENT DISTRICT
General Fund
Statement of Revenues and Expenditures (Month by Month)
FY 2020

	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG		SEP	TOTAL	
	2019	2019	2019	2020	2020	2020	2020	2020	2020	2020	2020		2020		

Field:
Field Management Services	

$24,450	

$33,484	

$26,059	

$25,470	

$25,915	

$26,224	

$25,194	

$39,667	

$0		

$0	

$0	

$0	

$226,463	
Gate Attendants	$18,043	$17,220	$18,027	$17,976	$16,794	$18,618	$17,722	$18,501	$0		$0	$0	$0	$142,900	
Pool Attendants	$0	$0	$459	$1,033	$425	$980	$977	$0	$0		$0	$0	$0	$3,874	
Pest Control	$593	$9,150	$0	$300	$390	$0	$195	$60	$0		$0	$0	$0	$10,687	
Security/Fire Alarm/Gate Repairs	$928	$2,100	$988	$130	$195	$2,204	$0	$195	$0		$0	$0	$0	$6,740	
Telephone/Internet	$1,137	$1,046	$1,063	$1,049	$1,052	$1,052	$1,052	$1,051	$0		$0	$0	$0	$8,503	
Electric	$18,124	$16,727	$16,226	$15,494	$16,304	$16,179	$15,689	$14,790	$0		$0	$0	$0	$129,532	
Water	$1,775	$1,840	$1,930	$0	$4,693	$2,357	$1,254	$1,315	$0		$0	$0	$0	$15,162	
Gas	$934	$1,999	$2,854	$2,324	$2,058	$1,359	$0	$757	$0		$0	$0	$0	$12,286	
Refuse	$1,063	$1,015	$1,018	$1,018	$1,015	$399	$1,606	$399	$0		$0	$0	$0	$7,532	
Clubhouse Maintenance	$25,531	$10,792	$6,562	$8,034	$12,397	$9,597	$6,074	$6,259	$0		$0	$0	$0	$85,245	
Stormwater Preventive Maintenance	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
Golf Cart Preventative Maintenance	$0	$0	$0	$190	$190	$190	$190	$190	$0		$0	$0	$0	$950	
Pool and Fountain Maintenance	$2,045	$1,496	$1,514	$2,245	$5,595	$1,465	$1,465	$1,465	$0		$0	$0	$0	$17,290	
Landscape Maintenance	$13,667	$13,109	$13,109	$13,464	$13,109	$13,109	$15,442	$15,442	$0		$0	$0	$0	$110,449	
Plant Replacement	$0	$0	$0	$220	$86	$0	$135	$0	$0		$0	$0	$0	$441	
Irrigation Repairs	$0	$209	$1,164	$0	$0	$0	$0	$260	$0		$0	$0	$0	$1,634	
Lake Maintenance	$1,545	$1,545	$1,545	$5,750	$3,895	$3,895	$3,895	$3,895	$0		$0	$0	$0	$25,965	
Wetland Mitigation and Maintenance	$0	$0	$10,100	$0	$0	$0	$0	$0	$0		$0	$0	$0	$10,100	
Permits/Inspections	$0	$0	$0	$0	$0	$0	$600	$0	$0		$0	$0	$0	$600	
Office Supplies/Printing/Binding	$955	$295	$478	$240	$314	$185	$0	$0	$0		$0	$0	$0	$2,466	
Operating Supplies	$1,352	$1,881	$1,152	$2,157	$1,181	$2,374	$4,188	$788	$0		$0	$0	$0	$15,072	
Credit Card Processing Fees	$327	$1,617	$215	$235	$337	$181	$135	($42)	$0		$0	$0	$0	$3,005	
Dues & Subscriptions	$511	$570	$304	$1,509	$244	$0	$3,753	$307	$0		$0	$0	$0	$7,198	
Decorations	$0	$0	$200	$0	$0	$0	$0	$0	$0		$0	$0	$0	$200	
Special Events	$18,545	$5,177	$9,678	$27,991	$19,654	$34,704	$18,272	$14,718	$0		$0	$0	$0	$148,739	
Storm Damage	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL FIELD	$131,524	$121,272	$114,642	$126,828	$125,844	$135,070	$117,837	$120,017	$0		$0	$0	$0	$993,032	

OTHER FINANCING SOURCES/(USES)															
Capital Reserve-Transfer Out	$0	$0	$0	$0	$0	$0	$0	($515,291)	$0		$0	$0	$0	($515,291)	
TOTAL OTHER FINANCING SOURCES/(USES)	$0	$0	$0	$0	$0	$0	$0	($515,291)	$0		$0	$0	$0	($515,291)	
															
Subtotal Operating Expenses	$199,507	$173,226	$253,006	$166,035	$156,830	$178,033	$149,602	$653,640	$0		$0	$0	$0	$1,929,880	
															
Excess Revenues (Expenditures)	($49,156)	$1,402,563	($121,141)	($131,136)	($101,482)	($122,523)	($119,310)	($636,670)	$0		$0	$0	$0	$121,145