Lake Ashton I I
Community Development District
219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 - Fax: 407-839-1526

May 20, 2020

Board of Supervisors Lake Ashton I I
Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Lake Ashton I I Community Development District will be held Wednesday, M ay 27, 2020 at 9:00 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 either call-in number below and enter the M eeting 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 12:00 PM on Tuesday, M ay 26, 2020, the day before the meeting.

Zoom Video Link: https:/ / zoom.us/ j/ 91100700713

Zoom Call-In Information: 1-312-626-6799 or 1-646-876-9923
M eeting ID: 911 0070 0713

Following is the advance agenda for the meeting:

Board of Supervisors M eeting

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)
Approval of Minutes of the April 24, 2020 Board of Supervisors Meeting
Unfinished Business
New Business/ Supervisors Requests

1 All comments, including those read by the District Manager, will be limited to three (3) minutes
Consideration of Resolution 2020-07, Setting the Public Hearings, Approving the Proposed Fiscal Year 2021 Budget, and Declaring Assessments (Suggested Date August 21, 2020)
Documents Related to Budget Discussion (provided by Supervisor Zelazny)
Discussion Regarding Golf Course Rates
Consideration of Resolution 2020-08 Setting a Public Hearing on Golf Course Rates
Consideration of Golf Course FY 2019-2020 Budget from Billy Casper Golf
Discussion Regarding Severance Pay for Golf Club Employee
Consideration of First Addendum to Security Agreement with Securitas (document confidential and exempt pursuant to Florida Statute 119.071(3))
Consideration of Addendum 6 to Yellowstone Landscaping Contract
Discussion Regarding Golf Course Amenity Policies (requested by Supervisor Zelazny)
Discussion Regarding Re-Opening of Amenities (requested by Supervisor Zelazny)
Discussion Regarding Resident Requests to Maintain Hart Lake and Associated Buffer Zone (requested by Supervisor Zelazny)
Discussion Regarding Free Golf for Lake Ashton Employees (requested by Supervisor Williams)
Staff Reports
Attorney
Engineer
Billy Casper
District Manager’s Report
Reminder Regarding Qualifying Period for Election – June 8th – June 12th
Lake Ashton II Community Director
Financial Report
Approval of Unaudited Financial Report as of April 30, 2020
Presentation of Number of Registered Voters—792
Public Comments
Adjournment

M	I NUTES
MINUTES OF MEETING LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
A communications media technology meeting of the Board of Supervisors of the Lake Ashton II Community Development District was held on April 24, 2020 at 10:00 a.m. via Zoom video conferencing, in accordance with the Office of the Governor, Executive Orders 20-52 and 20-69, due to the COVID-19 virus.
Present and constituting a quorum were:
Doug Robertson	Chairman
James Mecsics	Vice Chairman
Bob Zelazny	Assistant Secretary
Stanley Williams	Assistant Secretary
Carla Wright	Assistant Secretary Also present were:
Jill Burns	District Manager
Sarah Sandy	District Counsel
Alan Rayl	District Engineer
Mary Bosman	Community Director Numerous Residents

The following is a summary of the discussions and actions taken at the April 24, 2020 meeting, and a copy of the proceedings can be obtained by contacting the District Manager.

FIRST ORDER OF BUSINESS	Roll Call and Pledge of Allegiance
Ms. Burns called the meeting to order at 10:08 a.m., called the roll and the pledge of allegiance was recited. All Supervisors were present.

SECOND ORDER OF BUSINESS	Approval of Meeting Agenda
Mr. Mecsics requested a discussion on the coronavirus under Staff and Board Reports. Mr. Robertson indicated this item would be discussed under Item 6B.

April 24, 2020	Lake Ashton II CDD

THIRD ORDER OF BUSINESS	Public	Comments	on	Specific
Items on the Agenda (the District Manager will read any questions or comments received 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. All comments, including those read by the District, will be limited to 3 minutes)
Ms. Burns received the following questions and comments from residents in advance of the meeting:
Ø Resident (Roy Aull, Pinehurst Loop) requested a small pavilion with a picnic table by the lake and additional recreational facilities for the 150 new homes.
Ø Residents (Rachael & Chris Verges) requested the Board review the Open Gate Policy for the Winged Foot dog park, due to the COVID-19 Pandemic.

FOURTH ORDER OF BUSINESS	Approval   of   the   Minutes   of the
March 13, 2020 Meeting
Ms. Burns presented the minutes from the meeting held on March 13, 2020. There were no corrections or comments.

FIFTH ORDER OF BUSINESS	Unfinished Business
Transition Update from Billy Casper Golf
Mr. Zelazny presented the following update:
Billy Casper Golf (BCG) was onsite this week to evaluate the changes and playing conditions. They would be onsite the rest of this week and be fully on board by April 26.
A soil analysis was planned, and the Sun and Lakes Superintendent would work with BCG to determine best way to proceed with the greens.

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April 24, 2020	Lake Ashton II CDD

All employees would receive a letter on Monday offering them a position. They would not lose their vacation days or seniority and immediately be enrolled in the BCG 401K program.
The Director of Golf from Willowbrooke Golf will be onsite next week to inventory the merchandise.
Mr. Williams questioned whether BCG anticipated any additional charges or decreases in the budget over the next couple of months. Ms. Burns noted savings in travel expenses due to the pandemic. Ms. Sandy advised BCG was required to submit budgets for this fiscal year and next fiscal year in the next 30 days. Discussion ensued.
Consideration of Golf Course and Food & Beverage Management Agreement with Billy Casper Golf, LLC.
Ms. Sandy presented the Management Agreement with BCG, which included the following:
Ø	Five-year term plus one renewal for an additional five years.
Ø BCG submitting an annual report including a budget for the upcoming fiscal year by May 1 of each year.
Ø   An $8,000 monthly management fee and incentive fee equal to 15% of   gross revenues versus operating expenses, but not greater than 50% of the management fee.
Ø  Service performance rating (performed by Golf Club Advisory Committee)  and a point system.
Ø	Attending Board meetings on a monthly basis at the request of the Board.

Ms. Sandy recommended the Board designate a representative to consult with BCG on a day-to-day basis. Mr. Mecsics recommended Mr. Zelazny.
Consideration of Memorandum of Lease Agreement
Ms. Sandy explained the Memorandum of Lease Agreement. It was signed and in the recording process. No action was required.

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April 24, 2020	Lake Ashton II CDD

Consideration of Reciprocal Easement Agreement
Ms. Sandy explained under the Interlocal Agreement with Lake Ashton I, a Reciprocal Easement Agreement was required between the Districts to provide the landowners, residents and authorized users access to pathways and bridges. This agreement could not be negotiated until after the closing. District Counsel did not agree with the following provisions:
Section 1.3, providing the Rules and Regulations shall not be modified or amended in such a manner that would violate the Interlocal Agreement. This statement causes a breach of the Interlocal Agreement and easement.
Section 1.8, providing for a perpetual insurance requirement. The District already negotiated insurance requirements under the lease.
Discussion ensued and the Board agreed with the removal of Section 1.8.

Mr. Williams referred to the last line of Section 1.3. It was another step that caused issues so Lake Ashton II CDD legal staff could get more control. Ms. Wright felt that the Lake Ashton II Board should be making the conditions and requested Ms. Sandy renegotiate with their District Counsel. Ms. Sandy requested the Board approve the agreement in substantial form, subject to removal of the last line of Section 1.3 and Section 1.8.

Discussion regarding Options for holding FY 2020-2021 Budget Workshop and Board discussion
Ms. Burns recalled the budget workshop was supposed to be held today, but was not held due to the remote meeting. The deadline for approving the preliminary budget was June 15. If this meeting was held remotely, Mr. Zelazny was authorized to cancel

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April 24, 2020	Lake Ashton II CDD

the workshop. Mr. Zelazny proposed two budget workshops, as there were serious budget issues that were time consuming, which must be considered at two meetings early in July. Holding teleconferences was better than delaying meetings.
Ms. Burns confirmed the next Board meeting was on May 27 and suggested scheduling a budget workshop for May 28. Ms. Wright suggested continuing the meetings, if further discussion was needed, as she was obtaining estimates for bridge and cart path maintenance. Ms. Burns would ask BCG for assistance based on their experience. Mr. Rayl received quotes on a second tier of repairs, but the Board decided to hold off, except for the inlet top at Pebble Beach Boulevard and Sawgrass Drive, which was completed. Further maintenance would not be undertaken this year, as the Board’s direction was to put everything on hold.
Discussion ensued and there was Board consensus to extend the next meeting by two days, hold the public hearing and continue if necessary. Ms. Sandy advised the Executive Order only allowed virtual meetings until May 8 and requested the assistance of a Board Member to discuss the best way to hold the meeting. Ms. Bowman was looking at podcasting meetings. Ms. Burns needed the amount of the increase to send the notice to residents. Mr. Robertson recalled the Board setting the maximum amount of operation and maintenance (O&M) assessments at the May 27 meeting, adjust over the next three months and finalize at the August meeting.
Regarding the golf course rate structure, Mr. Robertson suggested discussing the rates with Mr. Maxwell prior to the May meeting. Ms. Sandy advised at the May meeting, the Board would adopt a resolution changing the golf rates and setting the public hearing. Mr. Zelazny would work with BCG regarding the budget, with Mr. Maxwell regarding the golf course rates and with Ms. Burns on ways to hold the meeting during the pandemic. The proposed rate structure would be presented to the Board at the May meeting, and if the Board was acceptable, the public hearing would be held in July. Ms. Burns suggested setting the public hearing date at the May meeting when the rates were finalized. Mr. Zelazny would coordinate with Ms. Bosman

SIXTH ORDER OF BUSINESS	New Business/ Supervisors
Requests

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April 24, 2020	Lake Ashton II CDD

Discussion of Resolution 2020-06 Announcement of Board Seats Up for November General Election
Ms. Burns noted Seats 2, 4 and 5 were up for election in November to any qualified elector; 18 years of age, a citizen of the United States, legal resident of the State of Florida and registered voter with the Polk County Supervisor of Elections. The qualification period was Noon on June 8 through Noon on June 12, 2020.

Discussion and Consideration of Staffing Amenity Facility during Closure
Ms. Burns reported that currently all Amenity Center staff were deemed essential and continued to work. The Stay at Home Order was in place through the end of the month. At this time, it was unknown whether it would be extended. She asked if the Board wanted to continue to have staff onsite and direction on staff that qualified for COVID leave and exhausted their sick or vacation time.
Mr. Robertson decided to lock the restrooms at the golf course. Mr. Williams was in favor of closing the dog park gates. Ms. Wright opined the dog park should remain open with cleaning and disinfecting during the day. Ms. Sandy advised if the Board allowed the dog park gates to remain open, there should be additional sanitizing and disinfecting. Since the dog park was an open space and the Executive Order provided for recreational activities, if there was social distancing, Ms. Sandy suggested speaking with the District’s insurance agent for further action. Mr. Mecsics suggested pet clubs provide latex gloves to residents to wear upon entering and exiting the dog park. After further discussion, there was Board consensus to not change the current policy.
Regarding the employees, Mr. Robertson indicated one employee did not work, due to his wife having COPD and was taking advantage of the Corona virus two-week option. If the employee was terminated and the employee collected unemployment, the District’s unemployment insurance rates would increase; however, being terminated would not preclude the District from re-hiring the employee. After further discussion, there was Board consensus to follow the current law.

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April 24, 2020	Lake Ashton II CDD

Mr. Williams questioned when the pickleball and tennis courts would reopen. Mr. Robertson voiced concern about transmission of the virus from participants utilizing the same balls and was waiting for further guidance from state and county officials. Ms. Burns anticipated further direction when the Stay at Home Order expired at the end of the month. Staff was reviewing policies and procedures for when facilities start opening.
Consideration of Cargo Lift of Maintenance Area (requested by Supervisor Robertson
Mr. Robertson stated the cargo lift would be installed in the air conditioned room above the staff room so staff could perform maintenance work. He thanked Mr. Mecsics for this suggestion.

SEVENTH ORDER OF BUSINESS	Staff and Board Reports
Attorney
Mr. Zelazny voiced concern about legal costs and if contracts could be approved by the Board versus the attorney preparing contracts. Ms. Sandy explained in the past, the Board requested contracts for large expenditures, ongoing maintenance items and access to CDD property issues, and was comfortable using short form purchase orders versus contracts prepared by paralegals.
Mr. Zelazny suggested paying for the cargo lift out of capital funds versus the contingency.
Engineer
Mr. Rayl reported the Water Use Permit was transferred from the golf course to the District and the Environmental Resource Permits were being transferred from the Southwest Florida Water Management District (SWFWMD). There were a total of 11 permits transferred thus far; three were submitted and were in process and six were in the CDD’s name. In the last month, maps of lake buffers were prepared with historicals versus present conditions. The inlet top repair at Pebble Beach Boulevard and Sawgrass Drive was completed. Mr. Robertson requested the cones remain to protect the area.

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April 24, 2020	Lake Ashton II CDD

Mr. Zelazny noted poles and chains were placed at the main entrance to Pebble Beach Boulevard for this purpose.
Mr. Robertson reported the contract was cancelled with the landscaper completing the landscaping around Eagle’s Nest for the small triangle of land between Holes 16 and
17 that was now part of Yellowstone’s contract. There must be coordination with Yellowstone and a credit should be issued. Mr. Zelazny stated the area around the pro shop would be maintained by BCG. He and Ms. Bosman would coordinate with Yellowstone next week. Yellowstone cut down the landscaping around all ponds and Applied Aquatic was treating the ponds. There was improvement with 95% of the ponds; however, the overgrown ponds would take time. Mr. Robertson received favorable comments.
CDD Manager
Mr. Zelazny questioned the status of the resign of the website. Ms. Burns stated staff would be working on the website next week. Mr. Zelazny requested staff coordinate with him on the website so it was user friendly.
Lake Ashton II Community Director
Ms. Bosman presented the Community Director report, a copy of which was attached to the minutes of this meeting and thanked the Board for approving the cargo lift. Magic Genie was contracted for cleaning, although staff was cleaning the bathrooms and hallways. The pool resurfacing will start today, which was good news. Yesterday, a light was rewired at the swimming pool, which saved the District $2,000. The puzzles on the card tables outside of the Community Center were a huge success. There was a process to disinfect them. Residents were receptive to the virtual fitness classes. The fitness instructors were doing a good job.
Mr. Mecsics thanked Ms. Bowman for her hard work. Mr. Zelazny noted since the day HFC initially closed, Ms. Bowman and her staff have been working to get the resurfacing completed. It should be completed in 30 days. There will be tiled swim lanes and safety lanes in the pool for lap swimming thanks to residents. Mr. Robertson reported Eagles Nest was offering takeouts and deliveries. Leaks in the soda and beer fountains were repaired. They were looking at pressure cleaning Mulligan Lane’s side of the clubhouse. Mr. Robertson asked the Assistant Pro to monitor patrons on the golf course

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April 24, 2020	Lake Ashton II CDD

between 4:00 p.m. and 6:00 p.m. on a frequent basis, due to complaints about non- members playing golf, but there were no significant problems at this point in time. Mr. Zelazny requested Ms. Bowman send out an e-blast stating the golf course was open for play and non-members should call the pro shop for a tee time. Mr. Robertson suggested a golf course etiquette card be distributed to golfers. Mr. Zelazny will work with Ms. Burns and BCG on the cards. Discussion ensued regarding the utilization of Mr. Mecsics time efficiently to maintain Eagle’s Nest.

EIGHTH ORDER OF BUSINESS	Financial Reports
Approval of Check Run Summary
Combined Balance Sheet
Mr. Williams questioned the Golf Course Acquisition Fee on Page 4, under the General Fund. Ms. Burns explained the acquisition and due diligence tasks for the golf course were paid from the General Fund.

Comments on March Financials (documents provided by Supervisor Zelazny)
Mr. Zelazny recommended the following to provide over $20,000 at the end of the year for Fund Balance:
Ø	Transferring approximately $24,000 from the Capital Budget to First Quarter Contingency Fund to cover the deficit.
Ø	Amending Yellowstone’s contract to modify the mowing schedule around the ponds to save between $5,000 and $10,000.
Ø	Reducing security costs.
o Mr. Mecsics proposed reducing community security forces from 24- hour coverage to 12-hour coverage, from 7:00 p.m. to 7:00 a.m. and forming a Security Force Auxiliary to supplement the current neighborhood watch programs and when security forces were not available. This would save approximately $52,000.

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April 24, 2020	Lake Ashton II CDD

There was Board consensus to modify the security hours. Mr. Mecsics would work with the Lake Ashton CDD to determine the savings with the consolidation of contracts.
Ø Requesting the Amenity Manager to limit all Administrative and Field  Expenses or must fund items only until the end of the fiscal year.
Ø	Looking at ways to improve the Capital Budget as there was a shortfall of
$226,000 in the General Fund.
Ø	Limiting future repairs to critical and central repairs to $25,000.
Ø   Refunding $10,000 for athletic equipment, which would be paid out of   capital reserves and $12,000 for landscape replacement, leaving $1,100 for necessary projects.
Ø Continuing to fund $10,000 in Other Capital Projects to accomplish small repairs such the pool heater, sauna and certain specific projects currently in the approved budget.
Ø	Establishing a fund for the air handler, which was well past life expectancy. For the Golf Course Fund Budget, Mr. Zelazny noted, “Due from General Fund”
was moved from prior owner and “Due from Other Funds,” and asked if the General Fund would be responsible for $40,000 being transferred to the Golf Course Fund. Ms. Burns recalled an invoice was paid out of the General Fund instead of the Golf Course Fund. In addition, $240,000 under “Improvements,” which was used to draw down the premium on the purchase of the golf course, could not be an asset for the golf course. Ms. Burns stated staff was waiting to see how the auditors wanted it coded.
Ø  Reaching out to the seller to begin the process of making the necessary  funds available to cover the deficit, and authorizing Mr. Mecsics to work with Ms. Sandy to negotiate better terms with Mr. Maxwell so the District did not have to repay $300,000 per year to make up the deficit shortfall in January versus August 30. Mr. Robertson agreed.
Ø Basing the inventories of food and liquor in the pro shop on the BCG inventories.
Mr. Zelazny requested the Board consider issuing an assessment of $400 per household for the budget workshop based on the following:
Ø	The golf course lien payment, which was identified as a debt.

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April 24, 2020	Lake Ashton II CDD

Ø	Recurring capital projects amounting to $60,000 per year.
Ø Capital reserve for each year, which were included in last year’s Reserve Study.
Ø Approximately $2.6 million in revenue that was necessary to operate capital projects and repay the golf course. It did not address any additional funding to the General Fund.
Ø Without any assessments, the District would have a deficit of $1.6 million starting next year.
Ø Address the requirements of aging infrastructure approaching operational lifespan.
Mr. Mecsics reminded the residents and the Board there were no changes in operational assessments in eight years. Mr. Zelazny requested the Board review the Reserve Study to figure out where they needed to be through 2028. Mr. Robertson agreed it was justified based on the numbers. Discussion ensued.

NINTH ORDER OF BUSINESS	Public Comments
A resident thanked both CDD Boards for their hard work on the ponds. They were starting to come back. He questioned the transfer of ownership to a private vendor, which was mentioned during the presentations and assumed it was speculation. The resident hoped there were no plans or proposals. Mr. Robertson confirmed there were no plans or discussions about any transfers. The resident hoped the cargo list had a good warranty and felt there was good information from Mr. Zelazny on the financials.

TENTH ORDER OF BUSINESS	Adjournment
There not being any further business to discuss,

Secretary / Assistant Secretary	Chairman / Vice Chairman

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- - --    -= -:- -;.::;-:-:-:--

SECTION VI

S ECTION A
RESOLUTION 2020-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT APPROVING THE PROPOSED BUDGETS FOR FISCAL YEAR 2020/2021; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Lake Ashton II Community Development District (“District”) prior to June 15, 2020, the proposed budgets (“Proposed Budgets”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”); and

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

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

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGETS APPROVED. The Proposed Budgets prepared by the District Manager for Fiscal Year 2020/2021 attached hereto as Exhibit A are hereby approved as the basis for conducting a public hearing to adopt said Proposed Budgets.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budgets. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budgets and in the reports (if any) of the District Engineer, all of which are on file and available for public inspection at the “District’s Office,” c/o Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801, (407) 841-5524. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budgets and the preliminary assessment roll included therein. The preliminary assessment roll is

1
also on file and available for public inspection at the District’s Office. The Assessments shall be paid pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes, or, alternatively, in one or more installments pursuant to a bill issued by the District in November of 2020, and pursuant to Chapter 170, Florida Statutes.

SETTING PUBLIC HEARINGS. A public hearing on said approved Proposed Budget is hereby declared and set for 	, 2020 at         _.m.  The hearing may be conducted remotely, pursuant to communications media technology and/or by telephone pursuant to Executive Orders 20-52, 20-69, and 20-112 issued by Governor DeSantis on March 9, 2020, March 20, 2020, and April 29, 2020, as such orders may be extended, respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. In the event that conditions allow the meeting to be held in person, it will be held at the following location:
LOCATION:	Lake Ashton II Health & Fitness Center
6052 Pebble Beach Boulevard Winter Haven, Florida 33884

TRANSMITTAL OF PROPOSED BUDGETS TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budgets to Polk County and the City of Winter Haven at least sixty (60) days prior to the hearing set above.

POSTING OF PROPOSED BUDGETS. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budgets on the District’s website at least two (2) days before the budget hearing date as set forth in Section 3, and shall remain on the website for at least forty-five (45) days.

PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two (2) weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed by Florida law.

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

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

PASSED AND ADOPTED THIS 27th DAY OF MAY, 2020.

ATTEST:	LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary/Assistant Secretary	Chairman, Board of Supervisors
Exhibit A: Budgets FY 2020/2021

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Proposed Budget
Fiscal Year 2021

Lake Ashton II Community Development District

May 27, 2020

Lake Ashton II
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Narrative-Administrative	Page 3-4
Narrative-Field	Page 5-6

Capital Projects Fund
Budget	Page 7

Debt Service Fund
Budget - Series 2005A	Page 8
Amortization Schedule - 2005A	Page 9

Budget - Series 2006A	Page 10
Amortization Schedule - 2006A	Page 11
Lake Ashton II
Community Development District										
General Fund	
		Adopted		Actual		Projected		Total		Proposed	
		Budget		Thru		Next		Projected		Budget	
 Description			 	FY 2020			 	4/ 30/ 20			 	5 Months			 	9/ 30/ 20			 	FY 2021		
REVENUES:											
Special Assessments - Tax Collector		$1,218,686		$1,197,607		$1,961		$1,199,568		$1,380,274	
Special Assessments - Direct		$0		$26,303		$0		$26,303		$0	
Interest Earned		$1,500		$1,215		$250		$1,465		$1,500	
Rental Fees		$5,200		$750		$0		$750		$5,200	
Security Guard Revenue		$0		$1,000		$0		$1,000		$0	
Table Rentals		$0		$160		$0		$160		$0	
Off Duty Officer Revenue		$0		$544		$0		$544		$0	
Contributions		$0		$2,295		$0		$2,295		$0	
Miscellaneous Revenues		$0		$121,934		$0		$121,934		$0	
Carry Forward Surplus		$202,533		$136,419		$0		$136,419		$115,065	
 TOTAL REVENUES			 	$1,427,919 		 	$1,488,227 		 	$2,211 		 	$1,490,438 		 	$1,502,039 	
EXPENDITURES:											
ADMINISTRATIVE											
Arbitrage Consultant		$1,200		$600		$600		$1,200		$1,200	
Annual Audit		$6,000		$0		$4,800		$4,800		$4,900	
Computer Time		$1,000		$583		$417		$1,000		$1,000	
Dissemination Agent		$6,200		$4,000		$2,500		$6,500		$6,500	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
Insurance		$33,036		$31,393		$0		$31,393		$33,036	
Legal Advertising		$500		$795		$568		$1,362		$1,500	
Management Fees		$46,350		$27,038		$19,313		$46,350		$46,350	
Office Supplies		$300		$20		$14		$34		$250	
Other Current Charges		$2,700		$7,664		$704		$8,368		$2,700	
Golf Course Study		$0		$168,079		$0		$168,079		$0	
Postage		$1,500		$1,139		$814		$1,953		$2,000	
Printing & Binding		$1,500		$526		$376		$902		$1,000	
Telephone		$50		$23		$16		$39		$50	
Trustee Fees		$6,500		$0		$0		$0		$13,963	
TOTAL ADMINISTRATIVE EXPENDITURES		$107,011		$242,034		$30,121		$272,155		$114,624	

Page 1
Lake Ashton II
Community Development District										

General Fund	
		Adopted		Actual		Projected		Total		Proposed	
		Budget		Thru		Next		Projected		Budget	
 Description			 	FY 2020			 	4/ 30/ 20			 	5 Months			 	9/ 30/ 20			 	FY 2021		
FIELD EXPENDITURES											
Athletic Equipment		$0		$0		$0		$0		$0	
Attorney		$40,000		$25,796		$25,796		$51,592		$40,000	
Building Contract Services		$53,160		$31,158		$22,256		$53,414		$53,160	
Building/Grounds Maintenance Supplies		$31,350		$20,130		$14,379		$34,509		$31,350	
Contingency		$30,000		$7,576		$14,911		$22,487		$30,000	
Engineering		$8,000		$9,720		$6,943		$16,664		$15,000	
HFC Special Events		$3,000		$534		$2,466		$3,000		$3,000	
Landscape/Lake Contract Services		$175,222		$102,041		$72,886		$174,928		$179,604	
Office Supplies/Printing/Binding		$7,000		$5,512		$3,937		$9,449		$7,000	
Permits/Inspections		$1,500		$0		$1,500		$1,500		$1,500	
Personnel Expenses		$228,336		$134,745		$96,246		$230,991		$228,336	
Plant/Tree Replacement		$0		$0		$0		$0		$0	
Pond Repairs		$0		$0		$0		$0		$0	
Security Contract Services		$252,079		$141,146		$100,819		$241,965		$252,079	
Utilities		$209,331		$106,938		$76,384		$183,323		$209,331	
 TOTAL  FIELD EXPENDITURES			 	$1,038,978 		 	$585,296 		 	$438,524 		 	$1,023,820 		 	$1,050,360 	
First Quarter Operating Reserves		$202,533		$0		$0		$0		$265,271	
TOTAL RESERVE EXPENDITURES		$202,533		$0		$0		$0		$265,271	
OTHER SOURCES/ (USES)											
Interfund Transfers In/(Out)		($79,398)		$0		($79,398)		($79,398)		($71,784)	
 TOTAL  EXPENDITURES			 	$1,427,919 		 	$827,331 		 	$548,042 		 	$1,375,373 		 	$1,502,039 	
 Assigned Fund Balance			$0		$660,896		($545,831)		$115,065		$0	
		FY 2017		FY 2018		FY 2019		FY 2020		FY 2021	
NET ASSESSMENTS		$1,259,017		$1,218,686		$1,218,686		$1,218,686		$1,380,274	
PLUS COLLECTION FEES (7%)		$94,765		$91,729		$91,729		$91,729		$103,892	
GROSS ASSESSMENTS		$1,353,782		$1,310,416		$1,310,416		$1,310,416		$1,484,166	
NO. OF TOTAL PLANNED UNITS		703		680		680		680		680	
GOLF COURSE		15		15		15		15		15	
GROSS PER UNIT ASSESSMENT		$1,885		$1,885		$1,885		$1,885		$2,135	

Page 2
LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2021

REVENUES:

Special Assessments – Tax Collector:
The District will levy a non ad-valorem special assessment on the platted property within the District and certify to the Polk County Tax Collector for collection to fund operating expenditures of the District.

Interest Earned:
The District will have all excess funds invested with the State Board of Administration. The amount is based upon the estimated average balance of funds available during the fiscal year.

Rental Fees:
Represents miscellaneous income received for activities held at the HCF.

EXPENDITURES:

ADMINISTRATIVE:

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2005A&B and Series 2006A&B Capital Improvement Revenue Bonds.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Computer Time
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c) (2)-12(b) (5), which relates to additional reporting requirements for un-rated bond issues.

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

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. Florida Insurance Alliance specializes in providing insurance coverage to governmental agencies.

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

Page 3
LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2021

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services. These services are further outlined in Exhibit "A" of the Management Agreement.

Office Supplies
Miscellaneous office supplies.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.

Postage:
Mailing of agenda packages, overnight deliveries, correspondence, etc.

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

Trustee Fees
The District issued Series 2005A&B and Series 2006A&B Capital Improvement Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Page 4
LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2021

ATTORNEY
General legal services, i.e., preparation for and attendance at meetings, review operating and maintenance contracts. etc.

BUILDING CONTRACT SERVICES	
Hartline Alarm /Fire Systems	#34510	$ 3,800	
Cleaning - Magic Genie	#46010	$ 39,360	
Pool & Spa - Pool Sure	#46400	$ 8,000	
Commercial Fitness	#46105	$ 2,000	
BUILDING/GROUNDS MAINTENANCE & SUPPLIES
Building - Paper goods, small repairs, misc. chemicals and cleaning supplies.	#46020	$ 9,000	
Grounds - HFC grounds, Dog Parks, Blvd, Courts	#46030	$ 20,000	
Florida Pest	#34800	$ 2,000	
Mileage	#46050	$	350	
CONTINGENCY
A contingency for any unanticipated and/or unscheduled cost to the District.	#49000	$ 30,000
ENGINEERING
General engineering services, i.e. attendance at and preparation for, board meetings.	#31100	$ 8,000
HFC SPECIAL EVENTS
The District will have shows , dances and other events  throughout the year.	#49400	$ 3,000 LANDSCAPE/LAKE CONTRACT SERVICES

OFFICE SUPPLIES/PRINTING/BINDING
Skedda, Google Suite, Amazon Prime, Sam's Club	#51000	$ 1,204	
DEX - copier lease and printing costs.	#51000	$ 5,796	
PERMITS/INSPECTIONS
The District is required to renew permits and other inspections on an annual basis with the City of Winter Haven, Polk County and The State of Florida to comply with regulations.
PERSONNEL EXPENSES
1099/Contract Employees	#34100	$ 17,500	
FICA - Employers share of Social Security and Medicare w/h from employee wages.	#21000	$ 12,986	
Health Insurance - Reimbursement to employees.	#23000	$ 7,496	
The Districts Workers Comp insurance is with SUMMIT.	#45000	$. 1,842	
Salaries & Wages - The District employees personnel to manage and supervise the HFC.	#12000	$ 169,742	
SECURITY CONTRACT SERVICES
Gate Attendants and Roving Patrols - Securitas	#34500	$ 247,588	
Security Extras - carts, paper copies, etc.	#34530	$	3,169	

Page 5
LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2021

UTILITIES
Electricity - TECO	#43000	$ 140,730	
Propane - Amerigas	#43100	$ 30,958	
Refuse - Florida Refuse	#34900	$	2,228	
Telephone/Internet - Spectrum	#41000	$ 11,928	
Water - City of Winter Haven	#43200	$ 23,487	

Page 6
	Lake Ashton II
Community Development District										
Capital Projects	
			Adopted		Actual		Projected		Total		Proposed	
			Budget		Thru		Next		Projected		Budget	
	 Description			 	FY 2020			 	4/ 30/ 20			 	5 Months			 	9/ 30/ 20			 	FY 2021		
	Revenues											
(1)	Capital Reserve - Transfer In		$79,398		$0		$79,398		$79,398		$71,784	
	Interest Income		$1,000		$10,742		$500		$11,242		$1,000	
	Carry Forward Surplus		$465,342		$461,220		$0		$461,220		$490,576	
	    TOTAL REVENUES			 	$545,740 		 	$471,962 		 	$79,898 		 	$551,860 		 	$563,360 	
	Expenditures											
	Capital Projects - FY20											
	ADA-Handicap Entrance/Website		$0		$0		$0		$0		$0	
	Athletic Equipment		$10,000		$244		$0		$244		$10,000	
	Blinds (Front of HFC)		$0		$0		$0		$0		$0	
	Conference System		$0		$0		$0		$0		$0	
	Flooring		$0		$0		$0		$0		$0	
	Golf Club		$0		$0		$0		$0		$0	
	Landscape Replacement		$15,000		$0		$0		$0		$15,000	
	LED Lighting		$0		$0		$0		$0		$0	
	Outdoor Furniture-Sandblasting		$0		$0		$0		$0		$0	
	Paver Installation		$0		$0		$0		$0		$0	
	Paving Parking Lot/Lights		$0		$0		$0		$0		$0	
	Pickleball Courts		$0		$0		$0		$0		$0	
	Plant Project		$0		$0		$0		$0		$0	
	Pond Repairs and Maintenance		$0		$0		$0		$0		$0	
	Pool Plaster		$40,000		$0		$40,000		$0		$0	
	Pool/Spa Repairs		$0		$3,754		$0		$3,754		$0	
	Roadway Repairs		$25,000		$18,054		$0		$18,054		$25,000	
	Sidewalk to New Parking Lot		$0		$11,671		$0		$11,671		$0	
	Signs		$0		$0		$0		$0		$0	
	Split System (Air Handler)		$25,000		$0		$0		$0		$0	
	Windows/Doors		$0		$0		$0		$0		$0	
	Workshop		$10,000		$0		$0		$0		$0	
	Other Capital Project Expenses		$10,000		$0		$0		$0		$10,000	
	Other Current Charges - Bank Charges		$0		$327		$234		$560		$600	
	    TOTAL  EXPENDITURES			 	$135,000 		 	$34,050 		 	$40,234 		 	$34,283 		 	$60,600 	
	Other Sources/ (Uses)											
	Interfund Transfers In/(Out)		$0		($27,000)		$0		($27,000)		$0	
	Intergovernmental Transfer from LA1		$0		$0		$0		$0		$115,000	
	    TOTAL OTHER			 	$0 		 	($27,000)		 	$0 		 	($27,000)		 	$115,000 	
	    EXCESS REVENUES			$410,740		$410,912		$39,664		$490,576		$617,760	
	
Revenues		
Fiscal Year 2021		
Fiscal Year 2022		
Fiscal Year 2023		
Fiscal Year 2024		
Fiscal Year 2025	
	Capital Reserves - Transfer In		$71,784		$100,000		$100,000		$100,000		$100,000	
	Intergovernmental Transfer from LA1		$115,000		$0		$0		$0		$0	
	Interest Income		$1,000		$5,395		$5,748		$6,106		$6,467	
	Carry Forward Surplus		$490,576		$618,360		$663,755		$709,503		$755,609	
	 Total			 	$678,360 		 	$723,755 		 	$769,503 		 	$815,609 		 	$862,076 	
	Annual Projected Expenses:											
	Roadway Repairs		$25,000		$25,000		$25,000		$25,000		$25,000	
	Landscape Replacement		$15,000		$15,000		$15,000		$15,000		$15,000	
	Athletic Equipment		$10,000		$10,000		$10,000		$10,000		$10,000	
	Other Capital Projects		$10,000		$10,000		$10,000		$10,000		$10,000	
	Specific Projects:											
	Workshop		$0		$0		$0		$0		$0	
	Split System (Air Handler)		$0		$0		$0		$0		$0	
	Pool Plaster		$0		$0		$0		$0		$0	
	 Total Expenditures			 	$60,000 		 	$60,000 		 	$60,000 		 	$60,000 		 	$60,000 	
	 Excess Revenues			$618,360		$663,755		$709,503		$755,609		$802,076	

Page 7
Lake Ashton II
Community Development District	Debt Service Fund
Series 2005A

	Adopted
Budget		Actual
Thru		Projected
Next	Total
Projected		Proposed
Budget	
 Description		 	FY 2020			 	4/ 30/ 20			 	5 Months		 	9/ 30/ 20			 	FY 2021		
Revenues									
(1)	Assessments - On Roll (A)	$394,800		$392,487		$1,318	$393,805		$394,800	
Assessments - Off Roll	$31,497		$5,363		$0	$5,363		$0	
Prepayments	$0		$416,930		$0	$416,930		$0	
Interest Income	$1,000		$4,797		$2,500	$7,297		$6,000	
(2)	Carry Forward Surplus	$176,224		$187,632		$0	$187,632		$123,308	
    TOTAL REVENUES		 	$603,521 		 	$1,007,210 		 	$3,818 	 	$1,011,028 		 	$524,108 	
Expenditures									
Series 2005A									
Interest - 11/1	$126,581		$126,313		$0	$126,313		$109,381	
Special Call - 11/1	$10,000		$55,000		$0	$55,000		$35,000	
Interest - 5/1	$126,581		$0		$124,834	$124,834		$109,381	
Principal - 5/1	$175,000		$0		$170,000	$170,000		$165,000	
Special Call - 5/1	$0		$0		$405,000	$405,000		$0	
    TOTAL  EXPENDITURES		 	$438,163 		 	$181,313 		 	$699,834 	 	$881,147 		 	$418,763 	
Other Sources/ (Uses)									
Interfund Transfers In/(Out)	$0		($6,573)		$0	($6,573)		$0	
    TOTAL OTHER		 	$0 		 	($6,573)		 	$0 	 	($6,573)		 	$0 	
    EXCESS REVENUES		$165,358		$819,324		($696,016)	$123,308		$105,346	
									
(1)	Maximum Annual Debt Service						11/1/2021 Interest		 	$104,947 	
(2)	Carry forward surplus is net of the reserve	requirement and Deferred Costs					2005 A			
			FY 2018		FY 2019	FY 2020		FY 2021	
	NET ASSESSMENTS		$436,871.99		$436,871.99	$394,799.73		$394,799.73	
	PLUS COLLECTION FEES (7%)		$32,882.84		$32,882.84	$29,716.11		$29,716.11	
	GROSS ASSESSMENTS		$469,754.83		$469,754.83	$424,515.84		$424,515.84	
	NO. OF UNITS		345		345	336		336	
	GOLF COURSE		$33,868		$33,868	$31,497		$0	
	GROSS PER UNIT ASSESSMENT		$1,263.44		$1,263.44	$1,263.44		$1,263.44	

Page
Lake Ashton II	Amortization Schedule
Community Development District			Series 2005A, Capital Improvement Revenue Bonds DATE	BALANCE	RATE	PRINCIPAL		INTEREST	TOTAL
05/01/20	$	4,645,000.00	5.38%	$	575,000.00	$	124,834.38	$	-	
11/01/20	$	4,070,000.00	5.38%	$	-	$	109,381.25	$	809,215.63	
05/01/21	$	4,070,000.00	5.38%	$	165,000.00	$	109,381.25	$	-	
11/01/21	$	3,905,000.00	5.38%	$	-	$	104,946.88	$	379,328.13	
05/01/22	$	3,905,000.00	5.38%	$	175,000.00	$	104,946.88	$	-	
11/01/22	$	3,730,000.00	5.38%	$	-	$	100,243.75	$	380,190.63	
05/01/23	$	3,730,000.00	5.38%	$	185,000.00	$	100,243.75	$	-	
11/01/23	$	3,545,000.00	5.38%	$	-	$	95,271.88	$	380,515.63	
05/01/24	$	3,545,000.00	5.38%	$	195,000.00	$	95,271.88	$	-	
11/01/24	$	3,350,000.00	5.38%	$	-	$	90,031.25	$	380,303.13	
05/01/25	$	3,350,000.00	5.38%	$	205,000.00	$	90,031.25	$	-	
11/01/25	$	3,145,000.00	5.38%	$	-	$	84,521.88	$	379,553.13	
05/01/26	$	3,145,000.00	5.38%	$	215,000.00	$	84,521.88	$	-	
11/01/26	$	2,930,000.00	5.38%	$	-	$	78,743.75	$	378,265.63	
05/01/27	$	2,930,000.00	5.38%	$	230,000.00	$	78,743.75	$	-	
11/01/27	$	2,700,000.00	5.38%	$	-	$	72,562.50	$	381,306.25	
05/01/28	$	2,700,000.00	5.38%	$	240,000.00	$	72,562.50	$	-	
11/01/28	$	2,460,000.00	5.38%	$	-	$	66,112.50	$	378,675.00	
05/01/29	$	2,460,000.00	5.38%	$	255,000.00	$	66,112.50	$	-	
11/01/29	$	2,205,000.00	5.38%	$	-	$	59,259.38	$	380,371.88	
05/01/30	$	2,205,000.00	5.38%	$	265,000.00	$	59,259.38	$	-	
11/01/30	$	1,940,000.00	5.38%	$	-	$	52,137.50	$	376,396.88	
05/01/31	$	1,940,000.00	5.38%	$	280,000.00	$	52,137.50	$	-	
11/01/31	$	1,660,000.00	5.38%	$	-	$	44,612.50	$	376,750.00	
05/01/32	$	1,660,000.00	5.38%	$	295,000.00	$	44,612.50	$	-	
11/01/32	$	1,365,000.00	5.38%	$	-	$	36,684.38	$	376,296.88	
05/01/33	$	1,365,000.00	5.38%	$	315,000.00	$	36,684.38	$	-	
11/01/33	$	1,050,000.00	5.38%	$	-	$	28,218.75	$	379,903.13	
05/01/34	$	1,050,000.00	5.38%	$	330,000.00	$	28,218.75	$	-	
11/01/34	$	720,000.00	5.38%	$	-	$	19,350.00	$	377,568.75	
05/01/35	$	720,000.00	5.38%	$	350,000.00	$	19,350.00	$	-	
11/01/35	$	370,000.00	5.38%	$	-	$	9,943.75	$	379,293.75	
05/01/36	$	370,000.00	5.38%	$	370,000.00	$	9,943.75	$	379,943.75	
 	TOTAL	
  $	4,645,000.00 
  $	2,228,878.13 
  $	6,873,878.13 

Page
Lake Ashton II
Community Development District	Debt Service Fund
Series 2006A

	Adopted
Budget		Actual
Thru		Projected
Next	Total
Projected		Proposed
Budget		
 Description			 	FY 2020			 	4/ 30/ 20			 	5 Months		 	9/ 30/ 20			 	FY 2021		
Revenues										
Prepayments		$0		$0		$0	$0		$0	
Special Assessments		$310,388		$310,183		$1,131	$311,314		$310,388	
Interest Earned		$0		$1,491		$250	$1,741		$0	
Carry Forward Surplus		$137,677		$136,973		$0	$136,973		$104,591	
    TOTAL REVENUES			 	$448,065		 	$448,647		 	$1,381	 	$450,028		 	$414,978	
Expenditures										
Interest - 11/1		$98,183		$98,183		$0	$98,183		$94,208	
Interest - 5/1		$98,183		$0		$97,255	$97,255		$94,208	
Principal - 5/1		$115,000		$0		$115,000	$115,000		$120,000	
Special Call - 11/1		$15,000		$35,000		$0	$35,000		$0	
Special Call - 5/1		$0		$0		$0	$0		$0	
    TOTAL  EXPENDITURES			 	$326,365 		 	$133,183 		 	$212,255 	 	$345,438 		 	$308,415 	
Other Sources/ (Uses)										
Interfund Transfer In/(Out)		$0		($7,390)		$0	($7,390)		$0	
    TOTAL OTHER			 	$0 		 	($7,390)		 	$0 	 	($7,390)		 	$0 	
    EXCESS REVENUES			$121,700		$315,465		($210,874)	$104,591		$106,563	
							11/1/2021 Interest		$	91,027.50	

Page
FY 2020
NET ASSESSMENTS	$310,387.50
PLUS COLLECTION FEES (7%)	$23,362.50
GROSS ASSESSMENTS	$333,750.00
NO. OF UNITS	267
GROSS PER UNIT ASSESSMENT	$1,250.00	
Lake Ashton II	Amortization Schedule
Community Development District			Series 2006A, Capital Improvement Revenue Bonds DATE	BALANCE	RATE	PRINCIPAL		INTEREST	TOTAL
05/01/20
11/01/20
05/01/21
11/01/21
05/01/22
11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
$	3,670,000.00
$	3,555,000.00
$	3,555,000.00
$	3,435,000.00
$	3,435,000.00
$	3,305,000.00
$	3,305,000.00
$	3,170,000.00
$	3,170,000.00
$	3,030,000.00
$	3,030,000.00
$	2,880,000.00
$	2,880,000.00
$	2,720,000.00
$	2,720,000.00
$	2,555,000.00
$	2,555,000.00
$	2,380,000.00
$	2,380,000.00
$	2,195,000.00
$	2,195,000.00
$	2,000,000.00
$	2,000,000.00
$	1,795,000.00
$	1,795,000.00
$	1,580,000.00
$	1,580,000.00
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
5.30%
$	115,000.00	$
$	-	$
$	120,000.00	$
$	-	$
$	130,000.00	$
$	-	$
$	135,000.00	$
$	-	$
$	140,000.00	$
$	-	$
$	150,000.00	$
$	-	$
$	160,000.00	$
$	-	$
$	165,000.00	$
$	-	$
$	175,000.00	$
$	-	$
$	185,000.00	$
$	-	$
$	195,000.00	$
$	-	$
$	205,000.00	$
$	-	$
$	215,000.00	$
$	-	$
$	230,000.00	$
97,255.00
94,207.50	$
94,207.50
91,027.50	$
91,027.50
87,582.50	$
87,582.50
84,005.00	$
84,005.00
80,295.00	$
80,295.00
76,320.00	$
76,320.00
72,080.00	$
72,080.00
67,707.50	$
67,707.50
63,070.00	$
63,070.00
58,167.50	$
58,167.50
53,000.00	$
53,000.00
47,567.50	$
47,567.50
41,870.00	$
41,870.00

306,462.50

305,235.00

308,610.00

306,587.50

304,300.00

306,615.00

308,400.00

304,787.50

305,777.50

306,237.50

306,167.50

305,567.50

304,437.50

11/01/33	$	1,350,000.00	5.30%	$	-	$	35,775.00	$	307,645.00					
05/01/34	$	1,350,000.00	5.30%	$	240,000.00	$	35,775.00						
11/01/34	$	1,110,000.00	5.30%	$	-	$	29,415.00	$	305,190.00					
05/01/35	$	1,110,000.00	5.30%	$	255,000.00	$	29,415.00						
11/01/35	$	855,000.00	5.30%	$	-	$	22,657.50	$	307,072.50					
05/01/36	$	855,000.00	5.30%	$	270,000.00	$	22,657.50						
11/01/36	$	585,000.00	5.30%	$	-	$	15,502.50	$	308,160.00					
05/01/37	$	585,000.00	5.30%	$	285,000.00	$	15,502.50						
11/01/37	$	300,000.00	5.30%	$	-	$	7,950.00	$	308,452.50					
05/01/38	$	300,000.00	5.30%	$	300,000.00	$	7,950.00	$	307,950.00	
 	TOTAL	
  $	3,670,000.00 
  $	2,153,655.00 
  $	5,823,655.00 

Page
CLUB SUMMARY

YEAR															
ROUNDS OF GOLF	3,962	3,877	4,260	4,303	3,238	3,451	3,025	3,067	2,513	3,365	4,345	3,195	42,600		
		1	2	3	4	5	6	7	8	9	10	11	12		
		Oct-2020	Nov-2020	Dec-2020	Jan-2021	Feb-2021	Mar-2021	Apr-2021	May-2021	Jun-2021	Jul-2021	Aug-2021	Sep-2021	TOTAL	
REVENUES
Greens Fees		
$	3,911	
$	5,049	
$	3,713	
$	4,604	
$	4,505	
$	4,950	
$	5,000	
$	3,762	
$	4,010	
$	3,515	
$	3,564	
$	2,921	
$	49,500	
Pro Shop Sales		$	10,365	$	13,383	$	9,841	$	12,202	$	11,940	$	13,121	$	13,252	$	9,972	$	10,628	$	9,316	$	9,447	$	7,741	$	131,208	
Food & N/A Beverage		$	12,479	$	16,112	$	11,847	$	12,005	$	12,795	$	11,215	$	11,373	$	9,320	$	12,795	$	11,215	$	11,373	$	9,320	$	141,849	
Beverage - Alcohol		$	10,904	$	14,078	$	10,352	$	10,490	$	11,180	$	9,800	$	9,938	$	8,143	$	11,180	$	9,800	$	9,938	$	8,143	$	123,946	
Dues Income - Monthly Dues		$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	120,358	$	1,444,300	
Miscellaneous Income		$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
TOTAL REVENUE	$	158,017	$	168,981	$	156,110	$	159,659	$	160,778	$	159,444	$	159,921	$	151,555	$	158,970	$	154,204	$	154,680	$	148,483	$	1,890,802			
COST OF SALES
COGS - Pro Shop Merch.	$	8,292	
$	10,707	
$	7,872	
$	9,762	
$	9,552	
$	10,497	
$	10,602	
$	7,977	
$	8,502	
$	7,453	
$	7,558	
$	6,193	
$	104,966			
COGS - Food	$	5,616	$	7,250	$	5,331	$	5,402	$	5,758	$	5,047	$	5,118	$	4,194	$	5,758	$	5,047	$	5,118	$	4,194	$	63,832			
COGS - Alcohol	$	3,816	$	4,927	$	3,623	$	3,671	$	3,913	$	3,430	$	3,478	$	2,850	$	3,913	$	3,430	$	3,478	$	2,850	$	43,381		
TOTAL COST OF SALES	$	17,724	$	22,884	$	16,827	$	18,836	$	19,223	$	18,973	$	19,198	$	15,022	$	18,173	$	15,929	$	16,154	$	13,237	$	212,179		

GROSS INCOME
$	140,293 $
146,097 $
139,284 $
140,823 $
141,555 $
140,471 $
140,723 $
136,534 $
140,798 $
138,274 $
138,526 $
135,246 $
1,678,623

LABOR
Golf Operations Labor	
$	6,604	
$	9,609	
$	9,929	
$	9,929	
$	8,968	
$	9,929	
$	8,371	
$	6,391	
$	6,391	
$	6,604	
$	6,604	
$	6,391	
$	95,720	
General and Administrative Labor	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	6,667	$	80,000	
Golf Course Maintenance Labor	$	35,526	$	34,243	$	35,526	$	35,457	$	32,293	$	35,457	$	34,448	$	35,526	$	34,380	$	35,526	$	34,431	$	32,328	$	415,139	
Food and Beverage Labor	$	8,817	$	8,667	$	8,817	$	8,817	$	8,367	$	8,817	$	8,667	$	8,817	$	8,667	$	8,817	$	8,817	$	8,667	$	104,750	
Sales and Marketing Labor	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Total Direct Labor	$	57,613	$	59,185	$	60,938	$	60,869	$	56,294	$	60,869	$	58,152	$	57,400	$	56,104	$	57,613	$	56,519	$	54,052	$	695,609	
Total Payroll Taxes	$	5,625	$	5,674	$	7,432	$	5,974	$	5,396	$	5,974	$	5,652	$	5,625	$	5,444	$	5,625	$	5,625	$	5,444	$	69,491	
Total Medical/Health Benefits	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	5,734	$	68,808	
Insurance - Workers Comp	$	1,446	$	1,454	$	1,876	$	1,529	$	1,381	$	1,529	$	1,448	$	1,446	$	1,399	$	1,446	$	1,446	$	1,399	$	17,796	
Total Labor Burden	$	12,805	$	12,862	$	15,041	$	13,237	$	12,511	$	13,237	$	12,834	$	12,805	$	12,577	$	12,805	$	12,805	$	12,577	$	156,095		
TOTAL LABOR EXPENSE	$	70,418	$	72,046	$	75,979	$	74,106	$	68,805	$	74,106	$	70,986	$	70,205	$	68,681	$	70,418	$	69,324	$	66,629	$	851,704		
45%	43%	49%	46%	43%	46%	44%	46%	43%	46%	45%	45%	45%		
OTHER OPERATIONAL EXPENSES
Golf Operations Expense	$	1,214	
$	1,279	
$	1,214	
$	3,374	
$	4,208	
$	1,332	
$	4,048	
$	1,265	
$	1,209	
$	2,265	
$	1,192	
$	3,257	
$	25,856		
General & Administrative Expense	$	19,383	$	18,886	$	21,375	$	20,166	$	18,400	$	21,361	$	19,914	$	21,482	$	21,832	$	19,127	$	19,713	$	20,034	$	241,674		
Golf Course Maintenance Expense	$	42,128	$	16,718	$	14,128	$	20,538	$	19,698	$	50,598	$	20,878	$	84,894	$	24,654	$	32,944	$	25,154	$	29,084	$	381,416		
Food and Beverage Expense	$	2,835	$	2,885	$	2,835	$	2,885	$	2,835	$	2,885	$	2,835	$	2,885	$	2,835	$	3,258	$	3,435	$	2,885	$	35,293		
Sales and Marketing Expense	$	2,060	$	560	$	560	$	2,300	$	560	$	560	$	2,060	$	460	$	460	$	1,960	$	460	$	560	$	12,560		
Taxes - Real Estate	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	5,583	$	67,000		
Taxes - Personal Property	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	6,000		
Insurance P&C	$	4,000	$	4,000	$	-	$	13,000	$	4,000	$	4,000	$	4,000	$	4,000	$	4,000	$	4,000	$	4,000	$	4,000	$	53,000	
TOTAL OTHER OPERATIONAL EXPENSES	$	77,703	$	50,412	$	46,196	$	68,346	$	55,784	$	86,819	$	59,818	$	121,070	$	61,073	$	69,637	$	60,037	$	65,903	$	822,798	
	-------------	-------------	-------------	-------------	-------------	-------------	-------------	-------------	-------------	-------------	-------------	-------------	--------------	
TOTAL EXPENSES	$	148,121	$	122,458	$	122,175	$	142,452	$	124,589	$	160,926	$	130,805	$	191,275	$	129,754	$	140,055	$	129,361	$	132,532	$	1,674,502	

EBITDAR / OPERATING INCOME $
(7,828) $
23,639 $
17,109 $
(1,629) $
16,966 $
(20,455) $
9,918 $
(54,741) $
11,044 $
(1,781) $
9,165 $
2,714 $
4,121

S ECTION 1
k!k.e fllhtllll II mRitlll lnlll.!11:.t gnalu!!						
Fiscal Years					
	2020	2021	2022	2023	2024	2025	2026	2021	2028	
&:tll1										
Golf Course Debt		142,600	138,880	135,160	131,440	127,720				
Ca11!ti!I P!:Q j ii [910:itilot )	21,946	60,000	60,000	60,000	60,000	60,000	60,000	60,000	60,000	
Cilgil:il Ri:S!:rv !rllitd:5	65,000	182,000	227,770	201,320	42,000	40,900	482,611	41,250	39,000	
	86,946	384,600	426,650	396,480	i33,440	228,620	542,611	101,250	
99,000	

beainnina fund balance	394,584	412,638	133,038	105,000	105,000	105,000	105,000	105,000		105,000	
end ofveg r balance	
307,638	
28,038	
<293,612>	
<291,480>	
<128,440>	
<123,620>	
<437,611.>	
3,750		
9,750	
assessment tobreak even			
432	
428	
189	
182	644	
NA	
NA		
Asessment tofund baseline caaitq/ reserve											

FUND BALANCE BASED ON TRANSFER IN OF $105,000 PER YEAR FROM GENERAL FUND

IF NO FUNDS TRANSFERRED IN FROM GENERAL FUND, DIFFERENCE OVER PERIOD IS ADDITIONAL$840,000 ASSESSMENT TO FUND BASELINE IS ONE TIME CHARGE

/gJe asht2!J II ca11}talbudgtt !!tl«lkl						
F,scal Years					
	2020	2021	2022	2023	2024	2025	2026	2027	2028	
Areas										
Golf Course Deb t		142,600	138,880	135,160	131,440	127,720				
!:.!111t11 e12i1:gs l!:!lD:.11011	21,946	60,000	60,000	60,000	60,000	60,000	60,000	60,000	60,000	
!dl lliti!l Reserve Proic,	65,000	182,000	227,770	201,320	42,000	40,900	482,611	41,250	39,000	
Il!lD.I	86,946	384,600	426,650	396,480	233,440	228,620	542,611	101,250	99,000	

beginning fundbqlcmce	394,584
684,638
677,038
627,388
607,908
751,468
899,848
734,237
1,009,987
end of year balcmce	307,638

300,038

250,388

230,980

374,468	522,848

357,237

632,987

910,987

Assessment Increase Impact

illba.
lliLY.c
300/yr
250/yr

272,000
255,000
238,000
221,000
204,000
170,000

FUND BALANCE BASED ON TRANSFER IN OF $105,000 PER YEAR FROM GENERAL FUND NAD AN ANNUAL ASSESSMENT OF $400 PER YEAR PER HOUSEHOLD

$17,000 ADDED OR SUNTRACTED FROM BALANCE BASED ON $25.00 CHANGE IN ASSESSMENT IF NO FUNDSTRANSFERRED IN FROM GENERAL FUND , DIFFERENCEOVER PERIOD IS $840,000
Lake Ashton ft Reserve Study Data

Category	,l!!l!ll!!neat !2mElllllm!	 l.lKfl!l.Llf!!.cvslt	A'1i.ll!! Taken 									

HFC		
2006									
ROOF		2006 12-18 YRS			80,000						
FLOORING	CMTYCENTI:R	2019  20YRS	2019 REPLACED									
	HALLWAY	2006 25 YRS									
	CARD ROOMS	2016 15 YRS	2016 REPLACED									
	SHOWERS	2018  20YRS	2018 REPLACED									
	FITNESS CENTI:R	2006 10 YRS		15,000							
PAINT	CMTYCENTER	5-7 YRS	2020 PAINTED							1,000		
	ROOMS	5-7 YRS	2018 PAINTED					6,000				
	EXTERIOR	3-5 YRS	2016 PAINTED		15,000							
EXTERIOR	STUCCO	2006									

AIR HANDLER 12 TON		
2007 7-1S YRS									
	AHUl		25,000								
	AHU2			25,000							
	AHU4	2018 REPLACED								25,000	
	AHUB	2016 REPLACED						25,000			
AlR HANDLER 5 TON											
	AHU3	2007 7-1S YRS		10,000							
	AHUS			10,000							
	AHU6			10,000							
	AHU7			10,000							
	AHU8			10,000							
	AHU9			10,000							
	AHUlO			10,000							

MINI SPLIT	

AHU11	

2007  7-15 YRS	2019 REPLACED							

3 , 700		
	AHU12	2018 REPLACED						3,700			

WATI:RHEATI:RS	
KITCHEN	2007 8-12 YEARS	2016 REPLACED				
1,000					
	FITNESS CENTI:R			1,000							
	ELECTRIC CLOSET			1,000							

TOTAL	152,000	80,000	1,000	6,000	28,700	4,700	25,000

SECTION 8

S ECTION 1
RESOLUTION 2020-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT TO DESIGNATE DATE, TIME AND PLACE OF PUBLIC HEARING AND AUTHORIZATION TO PUBLISH NOTICE OF SUCH HEARING FOR THE PURPOSE OF ADOPTING REVISED USER RATES AND FEES REGARDING DISTRICT GOLF CLUB FACILITIES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Lake Ashton II Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Winter Haven, Polk County, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District’s Board of Supervisors (“Board”) to adopt rules, orders, rates, fees and charges pursuant to Chapter 120, Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Board intends to adopt revised user rates and fees related to the use of the District’s Lake Ashton Golf Course facilities, as more particularly set forth in Exhibit A attached hereto,  and  will  hold  a  public  hearing  at  a  meeting  of  the  Board  to  be  held  on  [ 	, 2020], at [ 	] a/p.m., at the Lake Ashton II Health & Fitness Center, 6052 Pebble Beach Blvd., Winter Haven, Florida 33884.

SECTION 2.	The District Secretary is directed to publish notice of the hearing in accordance with Section 120.54, Florida Statutes.

SECTION 3. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 27th day of May 2020.

ATTEST:	LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

EXHIBIT A: Lake Ashton Golf Course – Revised User Rates and Fees

Exhibit A
Lake Ashton Golf Course – User Rates & Fees

Exhibit	will	be
provided		under separate	cover

SECTI--O	-C

ocr-,,
ACnJAl

NOV-19
AC1UAL

DEC·19
AClUAl

JAN-20 ACIUAL
,......
AC1UAL

MAR-20
ActUAL

APR·?O
AC1UAL

MAY·ZO FORECAST

IUN·20 r.oRECAST

JUL·20
FORECAST

AUG·20
FORECAST

SEP·20	lOTAL FORECAST

MEMBERSHIPs-GOLF
$	s	$ 1,010,760

17,737  $	16,634	11,791

15, 557
s	f	$	$ 1,071,479
MERCHANDISESAl..f5
s	s	$	3,534
6,474   $	14 ,95 2	38,308    $	1,429 •. $
$	10,628  "f	9ji6 $	9,447   $	1.ii1 $	101,129
$	s	S	2,055
4,890   $	8,969	12,510 s
,2   6 ,.    is	.

$	4,010   $	3,515   $	3,564   $	2,921   $	45,067
ALCOHOL SALES
s	s	$	5,326
13,138   $	12,148	10,958  $	503 •$
S	11,180  $	9,800  $	9 ,938   $	8,143 $	11.136
FOOD & BEVl:M.GESALES
s	s	S	5,328  $	17,710  $	16,773  S	15,613  $	8,365	.
$	12,795   $	11,215  $	11,373  $	9,320 $ 10&,492
MJSCEI..LANEOUS INCOME
L 	;
L 	;
L 	ll&ll
L 	m2l
L 	.lll. L 	;
L 	,
L 	;  L 	.:  L 	;
lDTAL REVENUES $
$	$   l,D-41,011   $	50,024  $	69. 217  $	19,116 $ 21,817 tl_
31,612    $	33,345  $	S4,322    $	28,125 $ 1,490,335
ADMINISlRATIVE: SALARIES FICAEXPENSE HEALTH INSURANCE WORKERS COMP
RfNTAl.5& lfASfS DUES&UaNSES ENGINEERING RES ATTORNE'fFEES MMIGfMENTFEES INSURANCE BANKCHARGES PAYRCU MANAGEMENT SCG MANAGEMENT MERCHANTFEES

s	s
s	s
s	s
s	s
S	$
$	$
$	$
$
$	s
$	$
$	$
$	s
$	s

$	2,959
$	227
$
$
S	110

S	2,025
$	48,929
$
$	12,286
$	1,128
$
$	s
$	s

15,842
1,170

150
1,240
7,637

341
3,000

16,181   $
1,196   $
s s s
, $
1,803   $
7,366  $
2,804   S
$
103    S
3,000   $
s
s

24,413
1,805

608

2,804

216
3,000

188

14,195   $
521   $
$
$
$
(17S1 $
s
$
2,804   $
s
279   $
3,000   S
s
1,091   $

6,795
713   $
834   S
174   $
s s s s s
4,000    $
$
s
8,000   s
s

6,575
690
834
169

11,000

B, 000

6,795   $	6,795	6,575	107,124
713   S	713	690	1,440
834   $	834	834	4,110
174    $	174	169	160
5	110
$	('5)
$	5,67'
S	G!l,9:12
$	1,412
4,000    $	4,000	4,000	,!12,2115
$	2,067
$	12,000
8,000   $	8,000	8,000	40,000
$	1,279
CONTINGENCY
$	s	$	2,463 s
s	__$
·- $
RETA>CES
s	s	$
s	s	$	s
$	5583   s°	5,583 s
-S:S-f3 s"f	s,s-s3· t	s,sal: s	2-1·,111
OfflCESUP9UES
L 	;
L 	;
L 	;
L 	;
; 	n L. 	li L 	;
L-...lMn"
-  L 	iLm L-...1Llli-
TOTALADM. EXPENDllURES $	$	$	70,127    $	29,lBO     $	32,485   $	U,123  $	Zl,715   $	39,SU    $	3!,684  $	37,226    $	37,813   $	37,886   $	'79,021

RESl'AURANT: SAIARIES FICA EXPENSE
HcALTH INSURANCE
WORKERS COMP UTILIT1lS REPAIRS PE'STCONTROI. ENTERTAINMENT
ICITrnEN EQUIP/SUPPLIES PAPER& PI.ASTICSUPPLIES OPERAT1NGSUPPUl3 FOOD COST
BEERCOST
BEVERAGE COST WJNECOST LIOOORCOST
COSTOFGOOOSOLD

$	s
$	s	s
$	s	s
$	s	s
$	$	s
s	s	s
s	s	s
$	s	$
s	s	s
$	s	s
s	s
s	s	$
s	s	s
s	s	s
s	s	s
s	s	s

s s s s
522   $
•• s
150     $
127   $
462    5
$
2,410   s
1,UO   s
362   s
600  · $
879  ,$

20,836  S	16,219    S
1,576   $	1,223   $
s	s
s	$
. $	201   $
325   S	1,910   $
80   $	225    $
1,350   $	GOO S
389    $	282     $
t,777    $	1,391  $
229   s	s
10,409    $	8,098   $
3,031   $	3,250  S
495   $	575     $
1,038   $	694   $
$	1,348   $
63    $	$

28,642  $	12,348    5
2,133   $	936  S
s	$
s	s
470     S	$
395   S	395   $
196    $	75    $
s	s
148     $	$
2,061   $	1,262   $
127
8,258   $	3,635   $
2,738   s	s
754     $	403     S
s	s
696    $	$
s	s

8,897   $
934    s
834     $
228   $
s s s
$
s
s
2,885   s
5,1102  $
$
s
$
3,671  s
s

8,610   $	8,897   $	8,897   $
904   $	934    $	934    $
834   $	834     $	834   $
221    $	228     $	228    S
s	s	s
s	s	s
s	s	$
$	s	s
s	s	$
s	s	s
2,835    $	3,258    $	:M35   $
5,758   $	5,047   S	S,118  $
s	$	$
s	s	s
s	s	$
3,913   $	3,430    $	3,478   $
s	$	s

8,610   $	121,954
904   $	10,471
834   $	4,170
221   $	1,126
$	1,199
$	.,...
$	...
$	2,100
$	...
$	&,ISJ
2,885   $	15,654
4,194  $	Sl,J29
$	10,149
$	2,519
$	2,532
2,850    $	20,114
$	..
D00& LICENSES
EQUIPMENT LEASE
s	s	$	82 s
L 	;   L 	;   L 	.lll L. 	l!
S	S	30   s	s	$
.s.... 	m L 	.:  L 	;   L 	;
$	s	s
L 	;  L 	;  L 	;
$	112
L-..!!.!
TOTALRESTAURANT $
$	$	7,01'   $	42.074  $	Sl5,1H  $	46,UI    $    1,,on  $	ZZ,8 52
$	ZJ,074   $	22,GZI   $	22,124  $	20,497
tH,lSO

PROSHOP: SAi.ARiES FICA EXPENSE
HEALTH tNSURAt11CE WORKERS COMP POS/BILUNG mEPHONE
GOlf PftlNllNG
GOU'CAIIT UTILl11'5 REFU5E5ERV1CE REPAIRS PESfCONJROL
OPERATING SUPPLIES
DRIVING RANGE
$	s	s
s	$	s
s	s	s
$	s	s
s	s
s	$	s
s	$	s
s	s	s
s	s	s
$	s	s
s	$	$	179
$	$	$	106
s	s	s
s	s	s

527        $
40   S
s
s
589   $
623    $
s
$
s
2,910   $
717   $
167   $
395   S
1,128   S

83  S
6
$
s
S50   S
$
s
$
$
745   $

167         $
943   $
s

$	$	6,604    $	6,391    $
$	$	693   $	671   $
$	$	834   $	4      $
$	$	169   S	164   $
805   $	S50   $	S	$
440    $	$	$	S
75$	$	460$	460$
589   $	$	S	S
2,866    $	s	s	s
$	460  S	S	$
35   $	$	$	$
83  $	S	$	S
222     $	$	1,265   $	1,209   $
2,171    s	s	$	s

6,604    s
693   $
834    $
169   $
s
$
1,960   s
s s s s s
2,265    $
$
6,604   s
693   $
834    $
169   $
s s
460   S
s s s s
$
1,192   s
s

6,391  $	33,205
671   $	3,461
834   $	4,170
164   $	JJG
$	2,49"
$	I.OH
560   $	3,97S
$	...
$	2,J6'
$	4,115
$	1,559
$	523
3,257   $	10,748
$	3,299
COST OFGOODSOLD DUES LICENSE
s	s	s
s	s	$	225
7,824   $	24,986  s
1,719    $	8,070  s
5,571    $	642   5	7,977   $	8,502   $
s	$	s	s
7,453 $
s
7,558 $
s
6,193  $	76,706
$	10,014
EQUIPMENT RENTAL
ITSERVICES
CAPfTAt.Oltn.AY
s	s	s
s	s	s
L 	;  L 	;  L 	.:
S	117 $	414
$	315   $	35
L 	fil L 	;   L 	;
S	ag s	S	s
s	s	s	$
L 	.:  L 	;  L 	;  L 	;
s	s	$	120
s	s	$	501
L 	,   L 	;
TOTAL PKOSHOP $	$	1,110  $	17,441   $	J.S,740   $	U,t29    $	1,741  $	18,004   $	11,231   $	19,!J79   $	17,510  $	18,070   $	l&:l,2'3
Ga.F COURSE MAINTENA NCE: SAI.AAIE5
FICA EXPENSE
s	s	s	$	s	s
s	s	s	s	s	s
$	35,526	34,380  $
$	3,730	3,610   $
35,52.6   $
3,730    $
35,526   $
3,730   s
34,380    $	175,JS&
3,610  $	11,410
HE'ALTH INSURANCE
s	s	$	1,279   $	1,279 s
901 $
1,337
1,337   $	3,232	3,232 S
3,232 $
3,232 $
3,232   $	22,293
WORKERS COMP
s	s	s	s	s	s
S	911	882 $
911 $
911 $
882   $	4,497
UTlLITIES
$	s	s
$	$	2,114 $
s	s	$	$
$	2,114
MAJNTENANCE
s	s	$	45,208   $	93 , 429
$	93,295   $	93,295	93,295   $	84,8911  $	24,654 $
32,944 $
25,154 $
29,084 $ 115,252
lAWNSERVICE5
s 	s   	
s 	$	1,500 $
1,SOO  $	1,500   S	145   s	s	s
s	s_,
.       S	4,645
TOTAL EXPENDITI.IRES  $
EXCe55/RWENUES(EXPENDfflJRES)    $
12:J,411,00   $    113,132.00   $    201,327,00    $   194,140.00    $   135,950,DO    $    208,730,11   S    147,746.20   $    156,175,87    $   146,800.U  $   147,640,38	1,6'5,IOS
914,flf.OO    $   (12!1,108.00J   $   (132,060,001   $   (104,954.00)   $   (107,07$.00)   $   (208,730.11)   $   (109,134.09)   $   (122,330.68)   $   (112,478,25)   $   (119,515.51)   $   (215,461)

SECTION F

Landscape Maintenance Services Proposal prepared for
Lake Ashton 2 CDD Golf Course Ponds Addendum 6
May 07, 2020

SCOPE OF SERVICES SUMMARY

The following is a summary of the proposed scope of services to be provided. It serves as an outline, detailing the Best Practices that our company has developed in order to ensure that we provide consistent landscape maintenance services to your property and meet all the contractual specifications of your landscape maintenance agreement.

LANDSCAPE MAINTENANCE PROGRAM

TURFGRASS SPECIFICATIONS

Mowing
Schedule of mowing is determined by the type of turf being serviced and adjusted to coincide with seasonal grow th rates to maintain a consistent, healthy appearance.
Scheduled cuts missed due to inclement weather w ill be made up as soon as possible.
Mower blades w ill be kept sharp at all times to prevent tearing of grass leafs.
Turf grow th regulators may be used to assist in maintaining a consistent and healthy appearance of the turf.
Various mowing patterns w ill be employed to ensure the even distribution of clippings and to prevent ruts in the turf caused by mowers. Grass clippings w ill be left on the lawn to restore nutrients, unless excess clippings create an unsightly appearance.
Turf w ill be cut to a desirable height with no more than 1/3 of the leaf blade removed during each mowing to enhance health and vigor.

Edging & Trimming
Yellowstone Landscape w ill neatly edge and trim around all plant beds, curbs, streets, trees, buildings, etc. to maintain shape and configuration.
Edging equipment w ill be equipped with manufacturer's guards to deflect hazardous debris.All walks w ill be blown after edging to maintain a clean, well- groomed appearance.
All grass runners w ill be removed after edging to keep mulch areas free of weeds and encroaching grass.“Hard” edging, “soft” edging and string trimming w ill be performed in conjunction with turf mowing operations.
Areas mutually agreed to be inaccessible to mowing machinery w ill be maintained with string trimmers or chemical means, as environmental conditions permit.

Debris Removal
Prior to mowing, each area w ill be patrolled for trash and other debris to reduce the risk of object propulsion and scattering, excluding areas concentrated with trash (e.g., dumpster zones, dock areas, and construction sites).

Yellowstone Landscape | Lake Ashton 2 CDD Golf Course Ponds Addendum 6	Page 1

Landscape debris generated on the property during landscape maintenance is the sole responsibility of Yellowstone Landscape, and w ill be removed no additional expense to the Client.

ADDITIONAL SERVICES
Yellowstone Landscape w ill provide extra services, special services and/or landscape enhancements over and above the specifications of landscape maintenance agreement at an additional charge with written approval from an authorized management representative of the Client.

YELLOW STONE LANDSCAPE PERSONNEL
Yellowstone Landscape w ill provide all labor, transportation and supervision necessary to perform the work described herein.
Field personnel w ill be equipped with all necessary supplies, tools, parts and equipment and trained to perform work in a safe manner.
Personnel w ill be licensed for all applicable maintenance functions, including any pesticide or supplemental nutrient applications, as required by law.
Yellowstone Landscape service vehicles w ill be well maintained and clean in appearance. Vehicles must be properly licensed and tagged, and operated only by licensed personnel.
All Yellowstone Landscape vehicles must operate in a safe and courteous manner while on the Client’s property. Pedestrians have the right- of- way and service vehicles are expected to yield.
All trailers, storage facilities, and maintenance equipment must be in good condition and present a clean and neat appearance.
Tools and equipment must be properly suited for their purpose and used in a safe manner, utilizing the appropriate safety gear at all times.

ADDITIONAL PROVISIONS
Property inspections w ill be conducted regularly by an authorized Yellowstone Landscape representative. Yellowstone Landscape w ill document and correct any landscape maintenance deficiencies identified within one week, or provide a status update for work requiring a longer period to accomplish.

Yellowstone Landscape | Lake Ashton 2 CDD Golf Course Ponds Addendum 6	Page 2

Yellowstone Landscape w ill provide the Client with a contact list for use in case of emergencies and w ill have personnel on call after regular business hours to respond accordingly.

Yellowstone Landscape | Lake Ashton 2 CDD Golf Course Ponds Addendum 6	Page 3

Client Name:	Lake Ashton II CDD	Property Name:	Lake Ashton II CDD

Property Contact:	Bob Zelazny

 		Contractor:	Yellowstone Landscape
Property Contact Email:
bzelazny@lakeashton2cdd.com
PO Box 849
Bunnell, FL 32110

 	
Property Contact
Phone:	561- 512- 7102
Yellowstone Contact
danabryant@yellowstonelands
 		Email:	cape.com
Contract
Expiration Date:	See Master Agreement

Yellowstone Scope of

The Client agrees to engage
 		Services:

Yellowstone Landscape to provide the services and work described in the
Master Agreement
2/1/2015
attached Exhibit(s) A & B.

Charges w ill increase at the commencement of each additional automatic twelve (12) month renewal term per the Agreement Renewal section on the following page of this agreement. The TERMS AND CONDITIONS following and the EXHIBITS attached hereto constitute part of this agreement.
Presented by: Yellowstone Landscape
Accepted by:

Signature: 		Signature:  	

Date:
Printed Name: Mike W ilding
Date:
Printed Name:
TERMS AND CONDITIONS

Entire Agreement: This Landscape Management Agreement contains the entire agreement between the Parties and supersedes all prior and contemporaneous negotiations, promises, understandings, commitments, proposals, or agreements, whether oral or written on the subject matter addressed herein. This Agreement may only be modified or amended by a writing signed by authorized representatives of both Parties.
Acceptance of Agreement: The Agreement constitutes Yellowstone Landscape (hereafter referred to as “Yellowstone”) offer to Client and shall become a binding contract upon acceptance by Client’s signature on this Agreement and/or instruction to perform the Services by Client’s authorized representative.  The Parties agree that the provisions of the Agreement shall control and govern over any contract terms and/or Purchase Orders generated by Client  and that such documentation maybe issued by Client to, and accepted by, Yellowstone without altering the terms hereof.
Price, Quality and Working Conditions: The amounts in the “Compensation Schedule” include all labor, materials, insurance, equipment, and supervision  for the performance of the specified Services in the attached exhibits.  All materials supplied as part  of  this agreement  are guaranteed to be as specified and all w ork shall be completed  in  a workmanlike manner  according  to standard  landscape maintenance practices (“Warranty”).  Unless otherwise stated in writing Yellowstone shall have the right to rely on the contents of all documents provided by Client and/or its agents, including Plans, Specifications, and test results, without independent verification and analysis by Yellowstone.  Client agrees that Yellowstone is not an insurer or guarantor of the   appropriateness of any landscape design provided by others, or of the long term viability of  plant  material utilized within that  specified landscape design or  of the site constraints (including w atering restrictions) under which Yellow stone is required to perform its Services.
Assignment: Neither Client nor Yellowstone may assign this Agreement or transfer any right, interest, obligation, claim or relief under this Agreement without the prior written consent of the other party. Client acknowledges that Yellowstone may subcontract portions of the Work to specialty subcontractors.
Relationship of Parties: The legal relationship of Yellowstone to Client with respect to the Services shall be that of an independent contractor, not  an agent or employee. Yellowstone is responsible for its own withholding taxes, social security taxes, unemployment taxes, licenses, and insurance pertaining to its employees or operations. If applicable, Yellow stone agrees to pay all sales taxes on materials supplied.
Agreement Renewal: Unless Client notifies Yellowstone regarding its intent  to terminate Services prior to expiration of  the “Initial Term”, this Agreement w ill renew automatically for an additional 12 month term and w ill continue to renew at the end of each successive 12 month term unless cancelled by either party in accordance with the “Termination” provision or by either party with written notice of not less than 30 days prior to the end of the “Initial Term” or any automatic term(s). Charges w ill increase by 3.0% at the commencement of each additional automatic twelve (12) month renewal term.
Payment Terms: Billing for Services occurs in advance at the first of each month in accordance with the “Compensation Schedule” on Page 1 of this agreement. Payment for Service(s) is due upon receipt  of  monthly invoices. The Parties contractually agree that interest  on all past  due amounts shall accrue at the maximum allowable rate provided by law per month, beginning on the first day following the month in which the invoice was received. This Agreement constitutes a contract of indebtedness. All payments should be mailed to: Yellowstone Landscape, PO Box 101017, Atlanta, GA 30392- 1017.
Termination for Cause: If Yellowstone fails to fully perform its obligations and fails to cure any such default within 30 days after receipt of written notice specifying the acts or omissions, Client shall have the right to terminate this Agreement. In the event of a “Termination for Cause”, Client shall notify Yellowstone of the termination date in writing and pay Yellow stone for all Services performed to the effective date of termination.
Default: In the event that Client breaches its obligations under this Agreement to permit and cooperate with Yellowstone’s performance of its duties or Client fails to make payment for any Services within 30 days of receipt of Yellowstone’s invoice, Yellowstone may, but shall not be obligated to, suspend Services until the breach is cured and/or until all arrearages have been paid in full. This Agreement w ill terminate automatically and without notice upon  the insolvency of, or upon the filing of a bankruptcy petition by or against Client.
Claims: Yellowstone’s responsibility with regard to Services not meeting the “Warranty” shall be limited, at the sole choice of Yellowstone, to the re- performance of those defective Services and replacement of  those defective materials without charge during the ninety (90) day period following completion of the defective Services or provision of defective materials, or a credit to Client’s account of the compensation paid by Client for the portion of such Services determined to be defective. If the attached exhibit(s) expressly provide for a longer “Warranty” period,that “Warranty” period shall apply.
The Parties shall endeavor in good faith to resolve any such Claim within 30 days, failing which all claims, counterclaims, disputes, and other matters in question between Client and Yellowstone arising out of or relating to this Agreement or the breach thereof may be decided by the dispute resolution process identified below. Each Party w ill bear its own costs, including attorneys’ fees; however, the prevailing party shall have the right to collect reasonable costs and attorneys fees for enforcing this agreement as allowable by applicable law.
Dispute Resolution and Choice of Law: By entering into this Agreement, the parties agree that the courts of the State of Florida, or the courts of the United States located in the Middle District of the State of Florida, shall have the sole and exclusive jurisdiction to entertain any action between the parties hereto and the parties hereto waive any and all objections to venue being in the state courts located in Flagler County (and agree that the sole venue for such challenges shall be Flagler County) or the Middle District of Florida, if federal jurisdiction is appropriate.
Insurance: Yellowstone shall secure and maintain, throughout the performance of Services under this Agreement, General Liability, Employers Liability, Auto Liability & Umbrella Liability coverage, as specified herein:
Worker’s Compensation Insurance with statutory limits;
Employer’s Liability Insurance with limits of not less than $1,000,000;
Commercial General Liability Insurance with combined single limits of not less than $1,000,000 per occurrence/$2,000,000 annual aggregate;
Comprehensive Automobile Liability Insurance, including owned, non- owned and hired vehicles, with combined single limits of not less than $1,000,000.
Umbrella Coverage $10,000,000 per occurrence/$10,000,000 annual aggregate
If required in writing by Client, Yellowstone shall furnish Certificates of Insurance verifying such insurance and Yellowstone agrees to provide written notice  to Client at least thirty (30)days prior to any cancellation, non- renewal or material modification of the policies. W hen requested by Client, the original insurance policies required of Yellowstone w ill be made available for review.

Licenses: Yellowstone shall maintain all applicable licenses and permits within the cities, counties, and states of operation.
Indemnification for Third Party Claims: Yellowstone agrees to indemnify, defend, and hold harmless Client from and against any and all claims, losses, liabilities, judgments, costs and expenses and damages and injuries to third parties (“Claims”) arising out of or caused by the negligent act, error, omission or intentional wrongdoing of Yellowstone, its subcontractors or their respective agents, employees or representatives which arise from the performance of the Services or otherwise while present on the Property for the purpose of rendering Services pursuant to this Agreement. Client agrees to indemnify and hold harmless Yellow stone against any Claims based in whole or in part by the conduct or actions of Client. The indemnity rights and obligations identified in this Agreement shall be, and are the only indemnity rights and obligations between the Parties, in law or equity, arising out of or related to Yellowstone’s Services under this Agreement or any claims asserted in relation thereto.
Limitation of Liability: Except for the indemnification provision applicable to claims by third parties against Client, Yellowstone’s total and cumulative liability to Client for any and all claims, losses, costs, expenses and damages, whether in contract, tort or any other theory of recovery, shall in no event exceed the amount Client has paid to Yellowstone for Services under this Agreement during the calendar year in which the claim first occurred. In no event shall Yellowstone be liable for incidental, consequential, special or punitive damages.

Indirect Damages: Neither Party shall be responsible to the other or to any third party for any economic, consequential, incidental or punitive damages (including but not limited to loss of use, income, profits, financing or loss of reputation) arising out of or relating to this Service Agreement or the performance of the Services.
Excusable Delays and Risk of Loss: Yellowstone shall not be in breach of this Agreement nor liable for damages due to (i) delays, (ii) failure to perform any obligation under this Agreement, or (iii) losses caused or attributable, in whole or in part, to circumstances beyond its reasonable control, including but not limited to: drought conditions, acts of God,governmental restrictions or requirements, severe or unusual weather, natural catastrophes, vandalism or acts of  third persons. Client assumes the full risk of  loss attributable to all such occurrences, including but  not  limited to, the repair or replacement  of  landscaping and payment to Yellowstone of all amounts provided in this Agreement, notwithstanding that Yellowstone may not have been able to provide all or any of its Services during such occurrences or until the premises described under this Agreement has been restored to its pre- occurrence condition.

Watering Restrictions and Drought Conditions: Should the Property be located in an area which is or becomes subject to governmental restrictions on water usage and/or watering times applicable to the Services Yellowstone w ill comply with such governmental restrictions which may then impact the performance, viability and/or looks of plant materials and, as such,shall be deemed circumstances beyond its reasonable control.

Nonwaiver: No delay or omission by Yellowstone in exercising any right under this Agreement, and no partial exercise of any right  under this Agreement,  shall operate as a waiver of such right or of any other right under this Agreement as provided for by law or equity. No purported waiver of any right shall be effective unless in writing signed by an authorized representative of Yellowstone and no waiver on one occasion shall be construed as a bar to or waiver of  any such right on any other occasion. All rights of Yellowstone under this Agreement, at law or inequity, are cumulative and the exercise of one shall not be construed as a bar to or waiver of any other.

Construction: The rule of adverse construction shall not apply.  No provision of this Agreement  is to be interpreted for or against  any Party because that Party or that Party’s legal representative drafted the provision.  In the event  any provision of  the Agreement is deemed invalid or unenforceable, the  remaining provisions shall continue in full force and effect, and the invalid or unenforceable provision shall be interpreted and enforced as closely as possible   to the intent of the Parties as expressed herein.

Change in Law: This Agreement is based on the laws and regulations existing at the date of execution. In the event that a governmental authority enacts laws or modifies regulations in a manner that increases Yellowstone’s costs associated with providing the services under this Agreement, Yellowstone reserves the right to notify Client in writing of such material cost increase and to adjust pricing accordingly as of the effective date of such cost increase. Yellowstone must submit clear documentation supporting the cost increase and can only increase pricing to the extent of actual costs incurred.
EXHIBIT "A"
LANDSCAPE MANAGEMENT SERVICES PRICING SHEET

LAKE ASHTON 2 CDD GOLF COURSE PONDS ADDENDUM 6

Mowing
Includes Mowing, Edging, String Trimming, & Cleanup

Areas behind homes w ill be done 40- 42x per year
Areas not behind homes or areas less visible w ill be done 2x per year (addendum 5 had these areas to be done 9x per year, but w ill be reduced to 2x per year per this addendum 6)
$19,200

If additional mows are needed for areas that are done less frequently (2x/year areas), Yellowstone w ill create a separate proposal to be approved by the board. Price per mow for these areas w ill be $2,250.00 per cut

Yellowstone Landscape | Lake Ashton 2 CDD Golf Course Ponds Addendum 6	Page 7
EXHIBIT "B"
PERFORMANCE STANDARDS

LAKE ASHTON 2 CDD GOLF COURSE PONDS ADDENDUM 6

Managing the needs of your unique landscape requires careful planning and attention to detail.
Our experienced professionals use their extensive training and state- of- the- art equipment to ensure the health and sustainability of your living investment.
Should you ever have additional needs, questions or concerns, please ask us.

Geographic location and climate play a major role in the timing of our service delivery; schedules are adjusted to coincide with seasonal grow th rates in order to maintain
a consistent, healthy appearance. Services missed due to inclement weather
w ill be made up as soon as possible. The following table summarizes our planned visits for completing each of the services performed on your property:

Service	Occurrences	
Mowing - Pond Side Directly Touching Homesites	42	
String Trimming - Pond Side Directly Touching Homesites	21	
Mowing and String Trimming- Pond Sides Not Touching Homesites	2	

Yellowstone Landscape | Lake Ashton 2 CDD Golf Course Ponds Addendum 6	Page 8

S ECTION A

LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	

UNAUDITED FINANCIAL REPORTING	
AS OF	
April 30, 2020	

MEETING DATE	
May 27, 2020	
Table of Contents

I.	FINANCIAL STATEMENTS - APRIL 30, 2020	

II.	CHECK RUN SUMMARY - 4/ 15/ 2020-5/ 01/ 2020	

III.	CIAL ASSESSMENT RECEIPTS SCHEDULE - APRIL 30, 2020	
LAKE ASHTON II		
COMMUNITY DEVELOPMENT DISTRICT		
BALANCE SHEET		
April 30, 2020		

 	MAJOR FUNDS	

 	GENERAL	

TOTAL ASSETS	 	$717,578	$1,502,961	$387,004	$2,607,543

 	$73,461 	$0 	$244 	$73,705 

TOTAL FUND BALANCES	 	$644,117 	$1,502,961 	$386,760 	$2,533,837 
TOTAL LIABILITIES & FUND BALANCES	 	$717,578	$1,502,961	$387,004	$2,607,543

Page 1
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND	
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES	
FOR THE PERIOD ENDED APRIL 30, 2020	

 DESCRIPTION	

REVENUES:	
SPECIAL ASSESSMENTS - TAX COLLECTOR	
SPECIAL ASSESSMENTS - DIRECT	
INTEREST EARNED	
RENTAL FEES	
SECURITY GUARD REVENUE	
TABLE RENTALS	
OFF DUTY OFFICER REVENUE	
CONTRIBUTIONS	
MISCELLANEOUS INCOME	

TOTAL REVENUES
   VARIANCE 

EXPENDITURES:

ADMINISTRATIVE:

TOTAL ADMINISTRATIVE	 	$147,011	 	$99,421	 	$267,830	 ($168,409)

Page 2
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND	
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES	
FOR THE PERIOD ENDED APRIL 30, 2020	

 DESCRIPTION		 VARIANCE 

FIELD:

TOTAL FIELD	 	$998,978	 	$582,737	 	$559,500	 	$23,237 

TOTAL PROJECT:

FIRST QUARTER OPERATING RESERVES	$202,533	$118,144	$0	$118,144

TOTAL PROJECT	 	$202,533	 	$118,144	 	$0	 $118,144 

TOTAL EXPENDITURES	 $1,348,522	 	$800,303	 	$827,331	 ($27,028)

    ($123,135)	 	$427,515	 	$524,477	 	$96,962 

OTHER FINANCIANG SOURCES/ (USES):

INTERFUND TRANSFER IN/(OUT)	
GOLF COURSE CLOSING	

TOTAL OTHER FINANCING SOURCES/ (USES)	 	($79,398)		
 	($46,315)		
 	($16,779)		 	$29,536 	
NET CHANGE IN FUND BALANCE	($202,533)		$381,200		$507,698		$126,498	
								
FUND BALANCE - Beginning	$202,533				$136,419			
FUND BALANCE - Ending	 	$0 				$644,117			

Page 3
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND - FY 2020	

ADOPTED BUDGET	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEPT	TOTAL	
REVENUES:

$1,192,384	$0	$448,788	$706,489	$662	$19,899	$5,498	$16,272	$0	$0	$0	$0	$0    $1,197,607
$0	$0	$0	$0	$26,303	$0	$0	$0	$0	$0	$0	$0	$0	$26,303
$1,500	$76	$18	$170	$300	$273	$226	$153	$0	$0	$0	$0	$0	$1,215
$5,200	$400	$150	$0	$0	$200	$0	$0	$0	$0	$0	$0	$0	$750
$0	$0	$400	$200	$400	$0	$0	$0	$0	$0	$0	$0	$0	$1,000
$0	$50	$20	$20	$60	$10	$0	$0	$0	$0	$0	$0	$0	$160
$0	$0	$544	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$544
$0	$775	$0	$0	$0	$0	$0	$1,520	$0	$0	$0	$0	$0	$2,295
$0	$53	$0	$115,000	$567	$94	$6,221	$0	$0	$0	$0	$0	$0	$121,934
$202,533	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
EXPENDITURES:

TOTAL ADM. EXPENDITURES	$147,011	$114,918	$65,938	$36,013	$12,070	$14,272	$17,191	$4,754	$0	$0	$0	$0	$0	$265,155	

FIELD:

ATHLETIC EQUIPMENT	320.572.600	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
BUILDING CONTRACT SERVICES		$53,160														
SECURITY SERVICES	320.572.34510		$1,055	$1,650	$0	$876	$0	$130	$0	$700	$0	$0	$0	$0	$4,412	
CLEANING SERVICES	320.572.46010		$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$0	$0	$0	$0	$0	$22,960	
POOL MAINTENANCE	320.572.46400	 		$551	$0	$567	$567	$567	$966	$567	$0	$0	$0	$0	$0	$3,786	
TOTAL BUILDING CONTRACT SERVICES		$53,160	$4,886	$4,930	$3,847	$4,723	$3,847	$4,376	$3,847	$700	$0	$0	$0	$0	$31,158	
BUILDING / GROUNDS MAINTENANCE & SUPPLIES	$31,350															
BUILDING MAINTENANCE/SUPPLIES	320.572.46020		$1,199	$1,317	$2,417	$6,096	$1,211	$3,818	$288	$0	$0	$0	$0	$0	$16,347	
GROUNDS MAINTENANCE/SUPPLIES	320.572.46030		$1,223	$419	$308	$435	$0	$268	$333	$0	$0	$0	$0	$0	$2,985	
PEST CONTROL	320.572.34800		$79	$128	$128	$207	$128	$128	$0	$0	$0	$0	$0	$0	$798	
TOTAL BUILDING / GROUNDS MAINTENANCE & SUPPLIES	$31,350	$2,501	$1,864	$2,853	$6,738	$1,339	$4,214	$621	$0	$0	$0	$0	$0	$20,130		
CONTINGENCY	320.572.49000	$30,000	$1,200	$244	$2,961	$3,102	$0	$69	$0	$0	$0	$0	$0	$0	$7,576	
ENGINEERING	310.513.31100	$8,000	$1,126	$946	$668	$1,118	$2,196	$3,667	$0	$0	$0	$0	$0	$0	$9,720	
HFC SPECIAL EVENTS	320.572.49400	$3,000	$255	$229	$0	$51	$0	$0	$0	$0	$0	$0	$0	$0	$534	

Page 4
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND - FY 2020	

		ADOPTED BUDGET	OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEPT	TOTAL	
LANDSCAPE/ LAKE CONTRACT SERVICES		$175,222														
LAKE MAINTENANCE	320.572.46500		$970	$970	$700	$1,940	$970	$1,670	$970	$0	$0	$0	$0	$0	$8,190	
LANDSCAPE MAINTENANCE	320.572.46200		$12,718	$12,468	$12,468	$12,718	$12,468	$14,968	$15,213	$0	$0	$0	$0	$0	$93,020	
IRRIGATION REPAIRS	320.572.46210		$0	$0	$0	$0	$831	$0	$0	$0	$0	$0	$0	$0	$831	
TOTAL LANDSCAPE/ LAKE CONTRACT SERVICES		$175,222	$13,688	$13,438	$13,168	$14,658	$14,269	$16,638	$16,183	$0	$0	$0	$0	$0	$102,041	
OFFICE SUPPLIES/ PRINTING/ BINDING	320.572.51000	$7,000	$739	$1,643	$772	$796	$1,096	$266	$201	$0	$0	$0	$0	$0	$5,512	
PERMITS/ INSPECTIONS	320.572.49300	$1,500	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
PERSONNEL EXPENSES		$228,336														
EXERCISE INSTRUCTORS	320.572.34100		$1,678	$1,410	$1,825	$1,628	$1,590	$1,873	$710	$0	$0	$0	$0	$0	$10,713	
FICA EXPENSE	320.572.21000		$1,074	$1,108	$1,098	$1,704	$1,096	$1,092	$1,101	$0	$0	$0	$0	$0	$8,272	
HEALTH INSURANCE	320.572.23000		$878	$878	$878	$878	$885	$885	$885	$0	$0	$0	$0	$0	$6,168	
SALARIES	320.572.12000		$14,037	$14,482	$14,348	$22,279	$14,326	$13,888	$14,389	$0	$0	$0	$0	$0	$107,750	
INSURANCE	320.572.45000	 		$1,842	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,842	
PERSONNEL EXPENSES		$228,336	$19,508	$17,879	$18,149	$26,489	$17,897	$17,737	$17,085	$0	$0	$0	$0	$0	$134,745	
PLANT/ TREE REPLACEMENT	320.572.46220	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
POND REPAIRS	320-572-46600	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
SECURITY CONTRACT SERVICES		$252,079														
GATE ATTENDANTS	320.572.34500		$18,701	$18,119	$23,908	$18,746	$18,813	$23,332	$14,016	$0	$0	$0	$0	$0	$135,634	
OFF DUTY SECURITY-EVENTS	320.572.34501		$0	$983	$944	$0	$163	$0	$0	$0	$0	$0	$0	$0	$2,089	
VIDEO SECURITY-ADT	320.572.34520		$134	$100	$1,311	$0	$64	$0	$0	$0	$0	$0	$0	$0	$1,608	
SECURITY EXTRAS	320.572.34530	 		$0	$224	$819	$366	$223	$0	$183	$0	$0	$0	$0	$0	$1,814	
TOTAL SECURITY CONTRACT SERVICES		$252,079	$18,835	$19,426	$26,981	$19,112	$19,262	$23,332	$14,199	$0	$0	$0	$0	$0	$141,146	
UTILITIES		$209,331														
ELECTRIC	320.572.43000		$7,099	$10,973	$10,467	$9,795	$11,102	$10,619	$9,913	$0	$0	$0	$0	$0	$69,967.35	
REFUSE	320.572.34900		$193	$192	$278	$193	$193	$193	$191	$0	$0	$0	$0	$0	$1,432.92	
WATER	320.572.43200		$2,182	$3,938	$3,082	$2,591	$3,121	$0	$0	$0	$0	$0	$0	$0	$14,914.22	
TELEPHONE	320.572.41000		$994	$996	$996	$994	$1,001	$1,001	$1,000	$0	$0	$0	$0	$0	$6,980.92	
GAS/PROPANE	320.572.43100		$1,222	$1,668	$3,630	$2,546	$2,312	$2,087	$176	$0	$0	$0	$0	$0	$13,642.77	
MAINTENANCE	320.572.46000	 		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0.00	
TOTAL UTILITIES		$209,331	$11,690	$17,767	$18,452	$16,119	$17,728	$13,901	$11,281	$0	$0	$0	$0	$0	$106,938	

TOTAL FIELD EXPENDITURES	$998,978	$74,427	$78,365	$87,852	$92,906	$77,634	$84,200	$63,417	$700	$0	$0	$0	$0	$559,500	
FIRST QUARTER OPERATING RESERVES

OTHER SOURCES/ (USES)

TOTAL OTHER SOURCES/(USES)	($79,398)	$27,000	$0	($43,779)	$0	$0	$0	$0	$0	$0	$0	$0	$0	($16,779)	

TOTAL EXPENDITURES	$1,427,919	$162,345	$144,302	$167,644	$104,976	$91,906	$101,391	$68,171	$700	$0	$0	$0	$0	$841,435	
EXCESS/ REVENUES(EXPENDITURES	($26,303)    ($160,991)    $305,617	$654,235	($76,685)      ($71,430)     ($89,446)     ($50,227)	($700)	$0	$0	$0	$0	$510,373	

Page 5
LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
FOR THE PERIOD ENDED APRIL 30, 2020

 DESCRIPTION	

REVENUES:	
CAPITAL RESERVE - TRANSFER IN	
CONTRIBUTIONS	
INTEREST EARNED	

TOTAL REVENUES
 	VARIANCE	

EXPENDITURES:

BANK CHARGES	$0	$0	$327	($327)

TOTAL EXPENDITURES	 	$135,000	 	$78,750	 	$54,050	 	$24,700 

 	($54,603)	 	($78,167)	 	($47,489)	 	$30,678 

OTHER FINANCIANG SOURCES/ (USES):

INTERFUND TRANSFER IN/(OUT)			$0			$0			($27,000)		($27,000) TOTAL OTHER FINANCIANG SOURCES/ (USES)	 		$0	 		$0	 	($27,000)	 	($27,000) NET CHANGE IN  FUND BALANCE		($54,603)		($78,167)		($74,489)			$3,678 FUND  BALANCE - Beginning		$385,945					$461,220
FUND BALANCE - Ending	 	$331,342	$386,731

(1) Road repairs not used during the current fiscal year will be set aside in an investment account to use for future road repairs.

Page 6
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
DEBT SERVICE FUND - SERIES 2005A	
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES	
FOR THE PERIOD ENDED APRIL 30, 2020	

 DESCRIPTION	

REVENUES:	
SPECIAL ASSESSMENTS - ON ROLL	
SPECIAL ASSESSMENTS - OFF ROLL	
SPECIAL ASSESSMENTS - PREPAYMENTS	
INTEREST EARNED	

TOTAL REVENUES
0	 VARIANCE 

EXPENDITURES:

TOTAL EXPENDITURES	 $438,163 $136,581 $181,313 ($44,731)

   ($10,866)	 	$261,852	 $638,266	 $376,413 

OTHER FINANCIANG SOURCES/ (USES):

OTHER DEBT SERVICE COSTS				$0		$0		($6,573)		($6,573) TOTAL OTHER FINANCIANG SOURCES/ (USES)	 			$0 		$0         ($6,573)          ($6,573) NET CHANGE IN FUND BALANCE			($10,866)	$261,852	$631,693	$369,841 FUND BALANCE - Beginning		$176,224			$485,204
FUND BALANCE - Ending	 $165,358	$1,116,897

Page 7
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
DEBT SERVICE FUND - SERIES 2006A	
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES	
FOR THE PERIOD ENDED APRIL 30, 2020	

 DESCRIPTION	

REVENUES:	
ASSESSMENTS - ON ROLL	
ASSESSMENTS - PPMTS	
INTEREST INCOME	

TOTAL REVENUES
0	 VARIANCE 

EXPENDITURES:

TOTAL EXPENDITURES	 $326,365               $113,183           $133,183         ($20,000)

  ($11,327)	 	$197,001	 $178,491	 ($18,509)

OTHER FINANCIANG SOURCES/ (USES):

OTHER DEBT SERVICE COSTS				$0		$0		($7,390)		($7,390) TOTAL OTHER FINANCIANG SOURCES/ (USES)	 			$0 		$0         ($7,390)         ($7,390) NET CHANGE IN FUND BALANCE			($11,327)	$197,001	$171,101	($25,900) FUND BALANCE - Beginning		$137,677			$214,963
FUND BALANCE - Ending	 $126,350	$386,064
 	
Maximum Annual Debt Service

Page 8
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
Long Term Debt Report	
FY 2020	

Series 2005A, Capital Improvement Revenue Bonds		
Interest Rate:	5.375%	
Maturity Date:
Bonds outstanding - 9/30/2019	5/1/2036	$4,710,000.00
$4,710,000.00
November 1, 2019 (Special Call)	($55,000.00)
May 1, 2020 (Mandatory)	$0.00	
Current Bonds Outstanding	$4,655,000.00		

Series 2006A, Capital Improvement Revenue Bonds		
Interest Rate:	5.300%	
Maturity Date:
Bonds outstanding - 9/30/2019	5/1/2038	$3,705,000.00
$3,705,000.00
November 1, 2019 (Special Call)	($35,000.00)
May 1, 2020 (Mandatory)	$0.00	
Current Bonds Outstanding	$3,670,000.00		

Page 9
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
CAPITAL PROJECTS - SERIES 2006	
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES	
FOR THE PERIOD ENDED APRIL 30, 2020	

 	 	
ADOPTE
 DESCRIPTION		 BUDGET	0

REVENUES:	
INTEREST EARNED	

TOTAL REVENUES
VARIANCE

EXPENDITURES:

CAPITAL OUTLAY	$0	$0	$0	$0

TOTAL EXPENDITURES	 	$0	 	$0	 	$0	 	$0 

 	$0	 	$0	 	$0	 	$0 

NET CHANGE IN FUND BALANCE	$0	$0	$0	$0
 	 	 	
FUND BALANCE - Beginning	$0	$29
FUND BALANCE - Ending	 	$0	$29

Page 10
LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT	
STATEMENT OF NET POSITION	
PROPRIETARY FUND	
April 30, 2020	

BUSINESS-TYPE	
ACTIVITY	
ENTERPRISE FUND	
 	GOLF  COURSE		

Page 12
LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT					
GOLF COURSE FUND					
PROPRETARY FUND					
FOR THE PERIOD ENDED APRIL 30, 2020					

	
ADOPTED		PRORATED BUDGET		ACTUAL	
 	BUDGET			    THRU 04/30/20 		     THRU 04/30/20 	VARIANCE		

TOTAL REVENUES	 	$0 	$0 	$1,295,433 	$1,295,433 

Page 12
LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT					
GOLF COURSE FUND					
PROPRETARY FUND					
FOR THE PERIOD ENDED APRIL 30, 2020					

	
ADOPTED		PRORATED BUDGET		ACTUAL	
 	BUDGET			    THRU 04/30/20 		     THRU 04/30/20 	VARIANCE		

   
TOTAL EXPENDITURES	 	$0 	$0 	$844,869 	($844,869)

 	$0 	$0 	$450,564 	$450,564 

NET CHANGE IN FUND BALANCES	$0	$0	$450,564	$450,564 FUND BALANCE-BEGINNING	$0			$0
FUND BALANCE-ENDING	 	$0	$450,564

Page 13
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
PROPRIETARY FUND - FY 2020	

OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEPT	TOTAL	
REVENUES:

$0	$0     $1,010,760	$17,737	$16,634	$11,791	$15,557	$0	$0	$0	$0	$0    $1,072,480
$0	$0	$3,534	$6,474	$14,952	$38,308	$1,429	$0	$0	$0	$0	$0	$64,697
$0	$0	$2,055	$4,890	$8,969	$12,510	$2,634	$0	$0	$0	$0	$0	$31,059
$0	$0	$5,328	$13,138	$12,148	$10,958	$503	$0	$0	$0	$0	$0	$42,076
$0	$0	$5,328	$17,710	$16,773	$15,613	$8,365	$0	$0	$0	$0	$0	$63,788
$0	$0	$21,072	$75	($209)	$6	$389	$0	$0	$0	$0	$0	$21,334
EXPENDITURES:

TOTAL ADM. EXPENDITURES	$0	$0	$66,830	$12,218	$15,107	$6,905	$7,174	$0	$0	$0	$0	$0	$108,234	

FIELD:															
SALARIES	320.57200.1200	$0	$0	$2,959	$15,842	$16,181	$24,413	$14,195	$0	$0	$0	$0	$0	$73,590	
FICA EXPENSE	320.57200.2100	$0	$0	$227	$1,170	$1,196	$1,805	$521	$0	$0	$0	$0	$0	$4,919	
RENTALS & LEASES	320.57200.4400	$0	$0	$110	$0	$0	$0	$0	$0	$0	$0	$0	$0	$110	
DUES & LICENSES	320.57200.54000	$0	$0	$0	$150	$0	$0	($175)	$0	$0	$0	$0	$0	($25)	
TOTAL FIELD		$0	$0	$3,296	$17,162	$17,377	$26,218	$14,541	$0	$0	$0	$0	$0	$78,594	
RESTAURANT:															
SALARIES	330.57200.1200	$0	$0	$0	$20,836	$16,219	$28,642	$12,348	$0	$0	$0	$0	$0	$78,045	
FICA EXPENSE	330.57200.2100	$0	$0	$0	$1,576	$1,223	$2,133	$936	$0	$0	$0	$0	$0	$5,867	
UTILITIES	330.57200.4300	$0	$0	$522	$0	$201	$470	$0	$0	$0	$0	$0	$0	$1,192	
REPAIRS	330.57200.4600	$0	$0	$35	$325	$1,910	$395	$395	$0	$0	$0	$0	$0	$3,060	
PEST CONTROL	330.57200.4640	$0	$0	$80	$80	$225	$196	$75	$0	$0	$0	$0	$0	$656	
ENTERTAINMENT	330.57200.4940	$0	$0	$150	$1,350	$600	$0	$0	$0	$0	$0	$0	$0	$2,100	
KITCHEN EQUIP/SUPPLIES	330.57200.5102	$0	$0	$127	$389	$282	$148	$0	$0	$0	$0	$0	$0	$945	
PAPER & PLASTIC SUPPLIES	330.57200.5105	$0	$0	$462	$1,777	$1,391	$2,061	$1,262	$0	$0	$0	$0	$0	$6,953	
OPERATING SUPPLIES	330.57200.5110	$0	$0	$0	$229	$0	$127	$0	$0	$0	$0	$0	$0	$356	
FOOD COST	330.57200.5200	$0	$0	$2,410	$10,409	$8,098	$8,258	$3,635	$0	$0	$0	$0	$0	$32,811	
BEER COST	330.57200.5210	$0	$0	$1,130	$3,031	$3,250	$2,738	$0	$0	$0	$0	$0	$0	$10,149	
BEVERAGE COST	330.57200.5220	$0	$0	$362	$495	$575	$754	$403	$0	$0	$0	$0	$0	$2,590	
WINE COST	330.57200.5230	$0	$0	$600	$1,038	$694	$0	$0	$0	$0	$0	$0	$0	$2,332	
LIQUOR COST	330.57200.5240	$0	$0	$879	$448	$1,348	$696	$0	$0	$0	$0	$0	$0	$3,371	
COST OF GOOD SOLD	330.57200.5250	$0	$0	$0	$63	$0	$0	$0	$0	$0	$0	$0	$0	$63	
DUES & LICENSES	330.57200.5400	$0	$0	$82	$0	$0	$30	$0	$0	$0	$0	$0	$0	$111	
EQUIPMENT LEASE	330.57200.54600	$0	$0	$177	$28	$177	$190	$0	$0	$0	$0	$0	$0	$573	
TOTAL RESTAURANT		$0	$0	$7,016	$42,074	$36,193	$46,837	$19,053	$0	$0	$0	$0	$0	$151,173	

Page 14
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	
PROPRIETARY FUND - FY 2020	

OCT	NOV	DEC	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEPT	TOTAL	

PRO SHOP:															
SALARIES	340.57200.12000	$0	$0	$0	$527	$83	$0	$0	$0	$0	$0	$0	$0	$610	
FICA EXPENSE	340.57200.21000	$0	$0	$0	$40	$6	$0	$0	$0	$0	$0	$0	$0	$47	
POS/BILLING	340.57200.35100	$0	$0	$0	$589	$550	$805	$550	$0	$0	$0	$0	$0	$2,494	
TELEPHONE	340.57200.41000	$0	$0	$0	$623	$0	$440	$0	$0	$0	$0	$0	$0	$1,064	
GOLF PRINTING	340.57200.42600	$0	$0	$0	$0	$0	$75	$0	$0	$0	$0	$0	$0	$75	
GOLF CART	340.57200.42700	$0	$0	$0	$0	$0	$589	$0	$0	$0	$0	$0	$0	$589	
UTILITIES	340.57200.43000	$0	$0	$0	$0	$0	$2,866	$0	$0	$0	$0	$0	$0	$2,866	
REFUSE SERVICE	340.57200.43300	$0	$0	$0	$2,910	$745	$0	$460	$0	$0	$0	$0	$0	$4,115	
REPAIRS	340.57200.46000	$0	$0	$779	$717	$38	$35	$0	$0	$0	$0	$0	$0	$1,570	
PEST CONTROL	340.57200.46400	$0	$0	$106	$167	$167	$83	$0	$0	$0	$0	$0	$0	$523	
OPERATING SUPPLIES	340.57200.51100	$0	$0	$0	$395	$943	$222	$0	$0	$0	$0	$0	$0	$1,560	
DRIVING RANGE	340.57200.51300	$0	$0	$0	$1,128	$0	$2,171	$0	$0	$0	$0	$0	$0	$3,299	
COST OF GOOD SOLD	340.57200.52500	$0	$0	$0	$7,824	$24,986	$5,571	$642	$0	$0	$0	$0	$0	$39,023	
DUES & LICENSES	340.57200.54000	$0	$0	$255	$1,719	$8,070	$0	$0	$0	$0	$0	$0	$0	$10,044	
EQUIPMENT RENTAL	340.57200.54200	$0	$0	$0	$0	$117	$414	$89	$0	$0	$0	$0	$0	$620	
IT SERVICES	340.57200.54500	$0	$0	$0	$315	$35	$158	$0	$0	$0	$0	$0	$0	$508	
CAPTIAL OUTLAY	340.57200.60000	$0	$0	$0	$495	$0	$0	$0	$0	$0	$0	$0	$0	$495	
TOTAL PRO SHOP		$0	$0	$1,141	$17,448	$35,741	$13,429	$1,741	$0	$0	$0	$0	$0	$69,500	
GOLF COURSE MAINTENANCE:															
EMPLOYEE INSURANCE	390.57200.22000	$0	$0	$1,279	$1,279	$901	$1,337	$1,337	$0	$0	$0	$0	$0	$6,133	
UTILITIES	390.57200.43000	$0	$0	$0	$0	$2,114	$0	$0	$0	$0	$0	$0	$0	$2,114	
MAINTENANCE	390.57200.46000	$0	$0	$45,208	$93,429	$93,295	$93,295	$93,295	$0	$0	$0	$0	$0	$418,521	
LAWN SERVICES	390.57200.46205	$0	$0	$0	$1,500	$1,500	$1,500	$145	$0	$0	$0	$0	$0	$4,645	
IRRIGATION	390.57200.47100	$0	$0	$0	$0	$0	$5,955	$0	$0	$0	$0	$0	$0	$5,955	

TOTAL GOLF COURSE MAINTENANCE	$0	$0	$46,487	$96,207	$97,809	$102,087	$94,777	$0	$0	$0	$0	$0	$437,367	

TOTAL EXPENDITURES	$0	$0	$124,770	$185,108	$202,228	$195,476	$137,287	$0	$0	$0	$0	$0	$844,869	

OTHER SOURCES/ (USES)

GOLF COURSE CLOSING

TOTAL OTHER SOURCES/ (USES)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	

EXCESS/ REVENUES(EXPENDITURES	$0	$0	$923,307	($125,084)	($132,960)	($106,290)	($108,408)	$0	$0	$0	$0	$0	$450,564	

Page 15
LAKE ASHTON II	
COMMUNITY DEVELOPMENT DISTRICT	

Check Run Summary GF

4/ 15/ 2020-5/ 01/ 2020

Date	Check Numbers	Amount	

4/15/2020	2936-2950	$40,380.01	

4/20/2020	2951-2956	$6,908.65	

4/22/2020	2957-2961	$1,270.21	

4/30/2020	2962-2970	$47,474.40	

Total	 	$96,033.27 

Check Run Summary Golf Course

Date	Check Numbers	Amount	

4/15/2020	153-162	$10,086.75	

4/20/2020	163-168	$9,600.54	

4/30/2020	169-175	$6,168.26	

Total	 	$25,855.55 

Lake Ashton II CDD	
Special Assessment Receipts	
Fiscal Year Ending September 30, 2020	
	
$1,282,133.20	$420,725.52	$332,500.00	$753,225.52	
O&M	Debt	.36300.10000	.36300.10000	.36300.10200	
Date	Collection	O&M	O&M	Debt Svc	Debt Svc	Discounts/	Discounts/    Commissions  Net Amount	General Fund	05A Debt Svc Fund6A Debt Svc Fun Debt Total	
Received	Period	Receipts	Interest	Receipts	Interest	Penalties	Penalties	Paid	Received	100.00%	55.857%	44.143%	100%	
11/18/2019   06/01/19-10/15/19 $	11,129.08    $	-	$      5,018.54    $	-	$	584.28    $	263.48    $	306.00    $	14,993.86	$	10,352.04	$	2,592.76    $	2,049.06    $	4,641.82
11/21/2019   11/01/19-11/06/19 $	39,595.29    $	-	$   18,884.40    $	-	$	1,583.82    $	755.39     $    1,122.81    $	55,017.67	$	37,304.18	$	9,894.14    $	7,819.35     $     17,713.49
11/29/2019    11/07/19-11/15/19  $    194,205.47    $	-	$   99,596.72    $	-	$	7,768.26     $       3,984.02     $     5,640.99   $     276,408.92	$      182,883.78	$	52,239.88     $     41,285.26     $     93,525.14
12/06/19      11/16/19-11/24/19  $    231,915.27    $	-	$ 131,128.96    $	-	$	9,276.66     $       5,245.36     $     6,970.44   $     341,551.77	$      218,247.72	$	68,873.34     $     54,430.70     $   123,304.05
12/13/2019    11/25/19-11/30/19  $    359,192.95    $	-	$ 208,633.68    $	-	$      14,344.05     $       8,329.75     $   10,903.06  $     534,249.77	$      337,980.74	$	109,629.04     $     86,639.99     $   196,269.03
01/15/20      12/01/19-12/31/19  $    388,028.00    $	-	$ 253,691.29    $	-	$      11,678.60     $       7,635.83     $   12,448.10  $     609,956.76	$      368,507.97	$	134,864.88     $   106,583.91     $  241,448.79
01/31/20	INTEREST	$	-	$     662.24    $	-	$ 388.85    $	-	$	-	$	-	$	1,051.09	$	662.24	$	217.20    $	171.65    $	388.85
02/14/20     01/01/20-01/31/20 $	20,740.39    $	-	$   13,844.08    $	-	$	414.81    $	276.89    $	677.85    $	33,214.92	$	19,898.58	$	7,438.04    $	5,878.30     $     13,316.34
03/13/20     02/01/20-02/29/20 $	5,656.47    $	-	$      2,526.88    $	-	$	56.57    $	25.28    $	162.03    $	7,939.47	$	5,497.83	$	1,363.81    $	1,077.82    $	2,441.64
04/15/20     03/01/20-03/31/20 $	16,586.36    $	-	$      9,806.89    $	-	$	18.86    $	12.63    $	527.24    $	25,834.52	$	16,235.38	$	5,361.75    $	4,237.40    $	9,599.15
04/30/20	INTEREST	$	-	$	36.24    $	-	$   22.06    $	-	$	-	$	-	$	58.30	$	36.24	$	12.32    $	9.74    $	22.06	
$  1,267,049.28     $      698.48     $  743,131.44     $ 410.91     $     45,725.91     $     26,528.63     $  38,758.50 $ 1,900,277.07	$  1,197,606.71	$	392,487.17 $ 310,183.19 $ 702,670.35	
BALANCE REMAINING	$15,083.92	$10,094.08

Date	CK#	2005A	2006A
2748/2749	$     12,483.90    $	9,868.41
2769/2770	$   121,116.22     $     95,715.96
2833/2834	$   134,864.88     $   106,583.91
2883/2884	$   109,846.24     $     86,811.65	
11/25/2019		
12/11/2019		
1/24/2020		
2/26/2020		
	$ 378,311.24 $ 298,979.93	

Due To DSF 2005A  $	14,175.93 V# 16 001.300.20700.10100	
Due to DSF 2006A  $	11,203.26 V# 168 001.300.20700.10300	

Gross Percent Collected	98.76%	
Balance Due	$25,178.00	

S ECTION 8

SUPERVISOR OF
ELECTIONS
POLK  COUNTY, FLOR IDA
Lori Eawaras

April 16, 2020

Jennifer McConnell Lake Ashton II CDD 5385 N Nob Hill Road Sunrise, FL 33351-4761

RE: Lake Ashton II Community Development District Registered Voters

Dear Ms. McConnell,

In response to your request, there are currently  792 voters  within  the Lake Ashton II Community Development District. This number of registered voters in  said District is as of April 15, 2020.

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

Sincerely ,

Lori Edwards Supervisor of Elections Polk County, Florida

P.O. Box 1460, Bartow, FL 33831 • PHO NE: (863) 534-5888
PolkElections.com

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