Riverwood. Community Development District. Financial Report. September 30, Prepared by

Transcription

1 Riverwood Community Development District Financial Report September 30, 2017 Prepared by

2 Riverwood Community Development District Table of Contents FINANCIAL STATEMENTS Balance Sheet - All Funds Page 1-2 Statement of Revenues, Expenditures and Changes in Fund Balances General Funds Page 3-6 Beach Club Funds Page 7-9 Debt Service Fund Page 10 Statement of Revenues, Expenses and Net Assets Water, Sewer & Irrigation Fund Page SUPPORTING SCHEDULES Non-Ad Valorem Special Assessments Page 16 Check Register Page Accounts Payable Detail Page 23 Accrued Expenses Detail Page 24 Bank Reconciliations, Bank Statements & Analysis Statements.. Page Reserve Schedules Page Cash & Investment Report Page 43 Monthly Activity Report Page 44-50

3 Riverwood Community Development District Financial Statements (Unaudited) September 30, 2017

4 RIVERWOOD Community Development District Governmental and Enterprise Funds Balance Sheet September 30, 2017 I J Y Z AB A AE A AH A AN A AT A AW ACCOUNT SCRIPTION GENERAL FUND (001) GENERAL FUND (002) BEACH CLUB FUND (OPERATIONS) BEACH CLUB FUND (LOAN) SERIES 2007A BT SERVICE FUND WATER, SEWER & IRRIGATION FUND TOTAL ASSETS Cash - Checking Account $ 53,422 $ - $ - $ - $ - $ 176,586 $ 230,008 Accounts Receivable , ,571 Accounts Receivable > ,141 34,141 Accounts Receivable - Other ,850 5,850 Due From Beach Club (Loan) 277, ,152 Due From Other Gov'tl Units Due From Other Funds - 217,849 14, , ,871 Investments: Certificates of Deposit - 18 Months , ,419 Money Market Account 1,071, ,728,583 2,800,462 Principal A ,150-2,150 Revenue Fund A , ,855 Prepaid Items 34,084-6, ,572 70,228 Fixed Assets Land , ,000 Buildings ,413,584 1,413,584 Accum Depr - Buildings (617,838) (617,838) Infrastructure ,062,813 9,062,813 Accum Depr - Infrastructure (2,353,494) (2,353,494) Equipment and Furniture ,989 7,989 Accum Depr - Equip/Furniture (1,712) (1,712) TOTAL ASSETS $ 1,236,552 $ 217,849 $ 21,074 $ - $ 157,005 $ 10,432,584 $ 12,065, LIABILITIES Accounts Payable $ 876 $ - $ - $ - $ - $ 4,698 $ 5,574 Accrued Expenses 7,613-5, ,726 87,624 Deposits , ,443 Other Current Liabilities Due To Other Funds 285, ,871 Due To General Fund (Loan) , ,152 TOTAL LIABILITIES 294,360-5, , , , Report Date: 10/3/2017 Page 1

5 RIVERWOOD Community Development District Governmental and Enterprise Funds Balance Sheet September 30, 2017 I J Y Z AB A AE A AH A AN A AT A AW ACCOUNT SCRIPTION FUND BALANCES / NET ASSETS GENERAL FUND (001) GENERAL FUND (002) BEACH CLUB FUND (OPERATIONS) BEACH CLUB FUND (LOAN) SERIES 2007A BT SERVICE FUND WATER, SEWER & IRRIGATION FUND TOTAL Fund Balances Nonspendable: Prepaid Items 34,084-6, ,572 70,228 Restricted for: Debt Service , ,005 Special Revenue - - 9, ,217 Assigned to: Operating Reserves 192, ,460 Reserves - Dog Park 10, ,100 Reserves - Ponds 86, ,242 Reserves-Recreation Facilities 288, ,831 Reserves - Roadways 98, ,848 Reserves - RV Park 33, ,242 Unassigned: 198, ,849 - (277,152) ,082 Net Assets Invested in capital assets, net of related debt ,840,842 7,840,842 Reserves - Sewer System ,192,937 1,192,937 Reserves - Water System , ,439 Unrestricted/Unreserved , ,427 TOTAL FUND BALANCES / NET ASSETS $ 942,192 $ 217,849 $ 15,789 $ (277,152) $ 157,005 $ 10,200,217 $ 11,255,900 TOTAL LIABILITIES & FUND BALANCES / NET ASSETS $ 1,236,552 $ 217,849 $ 21,074 $ - $ 157,005 $ 10,432,584 $ 12,065,064 Report Date: 10/3/2017 Page 2

6 RIVERWOOD Community Development District General Fund (001) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ 4,500 $ 4,500 $ 7,190 $ 2, % $ 375 $ 680 $ 305 Special Assmnts- Tax Collector 777, , ,461 (1,290) 99.83% Special Assmnts- Discounts (31,110) (31,110) (26,274) 4, % Other Miscellaneous Revenues ,618 2, % 8 - (8) Dog Park Revenue 2,000 2,000 3,159 1, % (167) RV Parking Lot Revenue 16,600 16,600 17, % 1,383 - (1,383) TOTAL REVENUES 769, , ,496 10, % 1, (1,253) EXPENDITURES Administration P/R-Board of Supervisors 2,250 2,250 2, % FICA Taxes % ProfServ-Arbitrage Rebate % ProfServ-Engineering 5,000 5,000 1,100 3, % 417 (2,044) 2,461 ProfServ-Legal Services 19,252 19,252 23,315 (4,063) % 1,604 3,856 (2,252) ProfServ-Mgmt Consulting Serv 15,960 15,960 28,837 (12,877) % 1,330 3,905 (2,575) ProfServ-Trustee Fees 3,408 3,408 3, % Auditing Services 1,050 1,050 1, % Postage and Freight ,300 (1,075) % 19 1,135 (1,116) Insurance - Property 15,897 15,897 13,762 2, % Insurance - General Liability 1,666 1,666 1,757 (91) % Printing and Binding 1,050 1, % Legal Advertising (148) % (49) Miscellaneous Services ,352 (7,364) % Misc-Records Storage (75) 0.00% - 15 (15) Misc-Assessmnt Collection Cost 15,555 15,555 15, % Misc-Web Hosting (231) % (15) Office Supplies (123) % Total Administration 83,866 83, ,554 (17,688) % 3,808 7,155 (3,347) Report Date: 10/3/2017 Page 3

7 RIVERWOOD Community Development District General Fund (001) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Flood Control/Stormwater Mgmt Contracts-Preserve Maintenance 30,000 30,000 76,600 (46,600) % 2,500-2,500 Contracts-Lakes 34,116 34,116 25,596 8, % 2,843 2, R&M-Aquascaping 10,000 10,000 4,410 5, % R&M-Lake 10,000 10,000 5,517 4, % 833 1,248 (415) R&M-Storm Drain Cleaning 20,000 20, , % 1, ,440 R&M-Preserves 55,000 55,000 56,143 (1,143) % 4,583 16,496 (11,913) R&M-Lake Erosion 50,000 50,000-50, % 4,167-4,167 Misc-Contingency 5,000 5, , % Total Flood Control/Stormwater Mgmt 214, , ,285 44, % 17,843 20,104 (2,261) Field ProfServ-Field Management 33,100 33,100 19,308 13, % 2,758-2,758 Contracts-On-Site Maintenance 33,887 33,887 22,221 11, % 2,824 2, Electricity - General 40,000 40,000 40,426 (426) % 3,333 3,500 (167) Utility - Water & Sewer 12,400 12,400 15,460 (3,060) % 1, R&M-General 4,000 4,000 3, % 333 1,525 (1,192) Misc-Contingency 11,008 11,008 4,435 6, % 917 3,600 (2,683) Total Field 134, , ,945 29, % 11,198 11,879 (681) Road and Street Facilities R&M-Gate 7,000 7,000 7,149 (149) % 583 1,200 (617) R&M-Sidewalks 10,000 10,000 9, % R&M-Signage 2,000 2,000-2, % R&M-Roads 12,000 12,000 9,287 2, % 1,000-1,000 R&M-Road Striping 2,000 2,000-2, % R&M-Security Cameras 5,000 5,000 4, % R&M-Road Scaping 16,600 16,600 13,642 2, % 1, ,156 Misc-Contingency 3,000 3,000 2, % Capital Outlay ,639 (126,639) 0.00% - 26,544 (26,544) Total Road and Street Facilities 57,600 57, ,119 (116,519) % 4,800 27,971 (23,171) Report Date: 10/3/2017 Page 4

8 RIVERWOOD Community Development District General Fund (001) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Activity Center Campus R&M-Gatehouse 1,000 1, % R&M-Pools 12,000 12,000 14,485 (2,485) % 1,000-1,000 R&M-Activity Center 35,000 35,000 35,350 (350) % 2,917 1,450 1,467 R&M-Recreation Center 17,550 17,550 5,876 11, % 1,463-1,463 Misc-Contingency 5,714 5,714 5, % Capital Outlay ,752 (162,752) 0.00% - 79,780 (79,780) Total Activity Center Campus 71,264 71, ,867 (153,603) % 5,939 81,265 (75,326) Reserves Reserve - Dog Park 2,000 2, , % Reserve - Ponds 50,000 50,000 5,907 44, % Reserves-Rec Facilities 10,000 10,000 3,750 6, % Reserve - Roadways 130, ,000 33,878 96, % Reserve - RV Park 16,600 16,600 (1,262) 17, % (163) Total Reserves 208, ,600 42, , % (163) TOTAL EXPENDITURES & RESERVES 769, , ,763 (47,922) % 43, ,537 (104,949) Excess (deficiency) of revenues Over (under) expenditures - - (37,267) (37,267) 0.00% (41,655) (147,857) (106,202) Net change in fund balance $ - $ - $ (37,267) $ (37,267) 0.00% $ (41,655) $ (147,857) $ (106,202) FUND BALANCE, BEGINNING (OCT 1, 2016) 979, , ,459 FUND BALANCE, ENDING $ 979,459 $ 979,459 $ 942,192 Report Date: 10/3/2017 Page 5

9 RIVERWOOD Community Development District General Fund (002) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ - $ - $ - $ % $ - $ - $ - Special Assmnts- Tax Collector 284, , ,476 (472) 99.83% Special Assmnts- Discounts (11,398) (11,398) (9,626) 1, % TOTAL REVENUES 273, , ,850 1, % EXPENDITURES Debt Service Misc-Assessmnt Collection Cost 5,699 5,699 5, % Principal Debt Retirement 105, , , % 8,930 8,930 - Interest Expense 43,262 43,262 43, % 3,507 3,507 - Total Debt Service 154, , , % 12,437 12,437 - TOTAL EXPENDITURES 154, , , % 12,437 12,437 - Excess (deficiency) of revenues Over (under) expenditures 118, , ,115 1, % (12,437) (12,437) - OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance 118, % TOTAL FINANCING SOURCES (USES) 118, % Net change in fund balance $ 118,613 $ 118,613 $ 120,115 $ 1, % $ (12,437) $ (12,437) $ - FUND BALANCE, BEGINNING (OCT 1, 2016) 97,734 97,735 97,734 FUND BALANCE, ENDING $ 216,347 $ 216,348 $ 217,849 Report Date: 10/3/2017 Page 6

10 RIVERWOOD Community Development District Beach Club Fund (Operations) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ - $ - $ - $ % $ - $ - $ - Other Miscellaneous Revenues % Membership Dues 135, , ,150 (6,238) 95.39% 11,282 - (11,282) Initiation Fees ,437 1, % 67 - (67) Wait List Fees , % 63 - (63) Amenities Revenue 1,000 1,000 1, % 83 - (83) TOTAL REVENUES 137, , ,198 (3,740) 97.29% 11,495 - (11,495) EXPENDITURES Parks and Recreation - General ProfServ-Mgmt Consulting Serv 61,258 61,258 61, % 5,105 5, Contracts-On-Site Maintenance 1,082 1,082 1,111 (29) % Contracts-Admin. Service 11,301 11,301 6,591 4, % Communication - Telephone 2,080 2,080 2,429 (349) % (81) Postage and Freight % Utility - General (24) % (1) Utility - Refuse Removal (48) % Utility - Water & Sewer 3,400 3,400 2,051 1, % Insurance - Property 2,900 2,900 3,403 (503) % Insurance - General Liability 1,600 1,600 1,687 (87) % R&M-Buildings 1,300 1, , % R&M-Equipment 2,500 2,500 6,710 (4,210) % (427) Misc-Bank Charges % 8-8 Misc-Records Storage (25) 0.00% - 5 (5) Misc-Taxes (18) % Misc-Contingency 2,000 2, , % Misc-Web Hosting (50) 0.00% - 10 (10) Office Supplies 1,200 1, , % Op Supplies - General 1,200 1, % (66) Cleaning Supplies % (17) Total Parks and Recreation - General 94,386 94,386 88,230 6, % 7,439 6,384 1,055 Report Date: 10/3/2017 Page 7

11 RIVERWOOD Community Development District Beach Club Fund (Operations) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Debt Service Principal Debt Retirement 21,774 21,774-21, % 21,774-21,774 Interest Expense 2,601 2,601 2, % 2,601-2,601 Total Debt Service 24,375 24,375 2,601 21, % 24,375-24,375 Reserves Capital Reserve 11,239 11,239-11, % Total Reserves 11,239 11,239-11, % TOTAL EXPENDITURES & RESERVES 130, ,000 90,831 39, % 31,814 6,384 25,430 Excess (deficiency) of revenues Over (under) expenditures 7,938 7,938 43,367 35, % (20,319) (6,384) 13,935 OTHER FINANCING SOURCES (USES) Operating Transfers-Out - - (21,774) (21,774) 0.00% Contribution to (Use of) Fund Balance 7, % TOTAL FINANCING SOURCES (USES) 7,938 - (21,774) (21,774) % Net change in fund balance $ 7,938 $ 7,938 $ 21,593 $ 13, % $ (20,319) $ (6,384) $ 13,935 FUND BALANCE, BEGINNING (OCT 1, 2016) (5,804) (5,804) (5,804) FUND BALANCE, ENDING $ 2,134 $ 2,134 $ 15,789 Report Date: 10/3/2017 Page 8

12 RIVERWOOD Community Development District Beach Club Fund (Loan) M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ - $ - $ - $ % $ - $ - $ - TOTAL REVENUES % EXPENDITURES TOTAL EXPENDITURES % Excess (deficiency) of revenues Over (under) expenditures % OTHER FINANCING SOURCES (USES) Interfund Transfer - In ,774 21, % TOTAL FINANCING SOURCES (USES) ,774 21, % Net change in fund balance $ - $ - $ 21,774 $ 21, % $ - $ - $ - FUND BALANCE, BEGINNING (OCT 1, 2016) - - (298,926) FUND BALANCE, ENDING $ - $ - $ (277,152) Report Date: 10/3/2017 Page 9

13 RIVERWOOD Community Development District Series 2007A Debt Service Fund M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending September 30, REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ 70 $ 70 $ 235 $ % $ 6 $ 28 $ 22 Special Assmnts- Tax Collector 109, , ,544 (106) 99.90% Special Assmnts- Discounts (4,386) (4,386) (3,825) % TOTAL REVENUES 105, , , % EXPENDITURES Debt Service Misc-Assessmnt Collection Cost 2,193 2,193 2, % Principal Debt Retirement 80,104 80,104 80, % Interest Expense 22,339 22,339 22, % Total Debt Service 104, , , % TOTAL EXPENDITURES 104, , , % Excess (deficiency) of revenues Over (under) expenditures , % OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance % TOTAL FINANCING SOURCES (USES) % Net change in fund balance $ 698 $ 698 $ 1,436 $ % $ 6 $ 28 $ 22 FUND BALANCE, BEGINNING (OCT 1, 2016) 155, , ,569 FUND BALANCE, ENDING $ 156,267 $ 156,267 $ 157,005 Report Date: 10/3/2017 Page 10

14 RIVERWOOD Community Development District Water, Sewer and Irrigation Fund M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenses and Changes in Net Assets For the Period Ending September 30, OPERATING REVENUES ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Interest - Investments $ 5,000 $ 5,000 $ 12,311 $ 7, % $ 417 $ 1,198 $ 781 Water-Base Rate 266, , , % 22,182 22, Water-Usage 159, , ,437 (7,610) 95.22% 13,254 6,718 (6,536) Irrigation-Base Rate 157, , , % 13,140 13, Irrigation-Usage 110, , ,185 11, % 9,167 7,612 (1,555) Sewer Revenue 1,213,430 1,213,430 1,307,421 93, % 101, ,178 7,059 Meter Fees 1,000 1,000 - (1,000) 0.00% 83 - (83) Standby Fees ,115 14, % - 1,174 1,174 Other Miscellaneous Revenues 9,800 9,800 11,009 1, % (211) Compliance Fees 48,720 48,720 23,710 (25,010) 48.67% 4,060 - (4,060) TOTAL OPERATING REVENUES 1,970,861 1,970,861 2,066,404 95, % 164, ,944 (3,295) OPERATING EXPENSES Personnel and Administration P/R-Board of Supervisors 12,750 12,750 12, % 1, FICA Taxes % ProfServ-Engineering 18,000 18,000 9,736 8, % 1,500 2,044 (544) ProfServ-Legal Services 18,400 18,400 25,500 (7,100) % 1,533 3,856 (2,323) ProfServ-Mgmt Consulting Serv 90,438 90, ,776 (23,338) % 7,537 12,204 (4,667) Auditing Services 5,950 5,950 5, % Contracts-On-Site Maintenance 36,020 36,020 21,012 15, % 3,002-3,002 Postage and Freight 1,275 1, % Insurance - Property 9,284 9,284 8,037 1, % Insurance - General Liability 5,002 5,002 5,275 (273) % Printing and Binding 5,950 5,950 1,300 4, % Legal Advertising 2,424 2,424 3,388 (964) % (282) Miscellaneous Services 5,596 5,596 5, % Misc-Records Storage (400) 0.00% - 80 (80) Misc-Web Hosting 1,038 1,038 2,295 (1,257) % (73) Office Supplies 1,144 1, , % Total Personnel and Administration 214, , ,243 (1,996) % 16,168 20,202 (4,034) Report Date: 10/3/2017 Page 11

15 RIVERWOOD Community Development District Water, Sewer and Irrigation Fund M U X Y Z A AB A AD A AL A AN A AP A AT Statement of Revenues, Expenses and Changes in Net Assets For the Period Ending September 30, ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF SEP-17 SEP-17 VARIANCE ($) ACCOUNT SCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD BUDGET ACTUAL FAV(UNFAV) Water-Sewer Comb Services ProfServ-Utility Billing 3,466 3,466 1,903 1, % Contracts-Other Services 416, , ,633 1, % 34,711 34, Communication - Telephone 2,650 2,650 3,310 (660) % (29) Electricity - General 76,400 76,400 70,227 6, % 6,367 6, Utility - Water & Sewer 2,500 2,500 2,651 (151) % Utility - Base Rate 122, , , % 10,208 10,208 - Utility - Water-Usage 251, , ,016 54, % 20,958 10,530 10,428 R&M-General 330, , ,723 (2,723) % 27,500 38,780 (11,280) R&M-Sludge Hauling 80,000 80,000 58,140 21, % 6,667-6,667 Misc-Bad Debt 3,500 3,500-3, % Misc-Licenses & Permits % Misc-Contingency 11,409 11,409 1,594 9, % Op Supplies - Chemicals 20,800 20,800 39,107 (18,307) % 1,733 2,801 (1,068) Back Flow Preventors 48,720 48,720 23,295 25, % 4,060-4,060 Reserve - Irrigation System 50,891 50,891 7,632 43, % Reserve - Sewer System 300, ,000 24, , % - 2,388 (2,388) Reserve - Water System ,913 (31,913) 0.00% Total Water-Sewer Comb Services 1,721,005 1,721,005 1,331, , % 114, ,314 8,863 TOTAL OPERATING EXPENSES 1,935,252 1,935,252 1,547, , % 130, ,516 4,829 Operating income (loss) 35,609 35, , , % 33,894 35,428 1,534 Change in net assets $ 35,609 $ 35,609 $ 518,838 $ 483, % $ 33,894 $ 35,428 $ 1,534 TOTAL NET ASSETS, BEGINNING (OCT 1, 2016) 9,681,379 9,681,379 9,681,379 TOTAL NET ASSETS, ENDING $ 9,716,988 $ 9,716,988 $ 10,200,217 Report Date: 10/3/2017 Page 12

16 G L R S T U V W X Y Z AA AB AC AD AE AF AG RIVERWOOD CDD WATER, SEWER & IRRIGATION FUND FUND STATEMENT OF REVENUES, EXPENSES AND FUND NET ASSETS - (SEWER ONLY) FOR THE PERIOD ENDING SEPTEMBER 30, 2017 OPERATING REVENUE ANNUAL ADOPTED BUDGET YEAR TO DATE BUDGET YEAR TO DATE ACTUAL YTD BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) YTD ACTUAL AS % OF ANNUAL ADOPTED BUDGET CURRENT MONTH BUDGET CURRENT MONTH ACTUAL $ $ $ $ $ $ $ CURRENT BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) Sewer Revenue 1,213,430 1,213,430 1,307,468 94, % 101, ,224 7,105 Standby Fees ,115 14, % - 1,174 1,174 Other Miscellaneous Revenues 8,000 8,000 9,027 1, % (170) TOTAL OPERATING REVENUES 1,221,430 1,221,430 1,330, , % 101, ,895 8,109 OPERATING EXPENSES PERSONNEL AND ADMINISTRATION P/R-Board of Supervisors 9,750 9,750 9, % FICA Taxes % ProfServ-Engineering 10,000 10,000 5,215 4, % 833 2,044 (1,211) ProfServ-Legal Services 11,000 11,000 16,369 (5,369) % 917 2,313 (1,396) ProfServ-Mgmt Consulting Serv 69,158 69,158 85,091 (15,933) % 5,763 8,950 (3,187) Auditing Services 4,550 4,550 4, % Contracts-On-Site Maintenance 21,600 21,600 12,600 9, % 1,800-1,800 Postage and Freight % Insurance - Property 8,210 8,210 7,107 1, % Insurance - General Liability 1,668 1,668 1,759 (91) % Printing and Binding 4,550 4,550 1,007 3, % Legal Advertising 1,854 1,854 2,591 (737) % (216) Miscellaneous Services 4,280 4,280 4, % Misc-Records Storage (300) 0.00% - 60 (60) Misc-Web Hosting ,744 (950) % (54) Office Supplies % TOTAL PERSONNEL AND ADMINISTRATION 150, , ,356 (3,347) % 11,298 14,908 (3,610) OTHER OPERATING EXPENSES WATER-SEWER COMB SERVICES ProfServ-Utility Billing 2,468 2,468 1,353 1, % Contracts-Other Services 335, , ,966 2, % 27,981 27, Communication - Telephone 2,650 2,650 3,310 (660) % (29) Electricity - General 50,000 50,000 41,325 8, % 4,167 3, Utility - Water & Sewer 2,500 2,500 2,651 (151) % R&M-General 200, , ,427 (23,427) % 16,667 28,901 (12,234) R&M-Sludge Hauling 80,000 80,000 56,100 23, % 6,667-6,667 Misc-Bad Debt 3,500 3,500-3, % Misc-Licenses & Permits % Misc-Contingency 5,758 5,758 1,594 4, % Op Supplies - Chemicals 14,000 14,000 32,088 (18,088) % 1,167 2,688 (1,521) Reserve - Sewer System 300, ,000 24, , % - 2,388 (2,388) TOTAL WATER-SEWER COMB SERVICES 996, , , , % 58,065 65,416 (7,351) R&M-Sludge Hauling - - 2,040 (2,040) 0.00% TOTAL FIELD - - 2,040 (2,040) 0.00% TOTAL OPERATING EXPENSES 1,146,793 1,146, , , % 69,364 80,324 (10,960) OPERATING INCOME (LOSS) 74,637 74, , , % 32,422 29,571 (2,851) Page 13

17 G L R S T U V W X Y Z AA AB AC AD AE AF AG RIVERWOOD CDD WATER, SEWER & IRRIGATION FUND FUND STATEMENT OF REVENUES, EXPENSES AND FUND NET ASSETS - (WATER ONLY) FOR THE PERIOD ENDING SEPTEMBER 30, 2017 OPERATING REVENUE ANNUAL ADOPTED BUDGET YEAR TO DATE BUDGET YEAR TO DATE ACTUAL YTD BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) YTD ACTUAL AS % OF ANNUAL ADOPTED BUDGET CURRENT MONTH BUDGET CURRENT MONTH ACTUAL $ $ $ $ $ $ $ CURRENT BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) Water-Base Rate 266, , , % 22,182 22, Water-Usage 159, , ,437 (7,610) 95.22% 13,254 6,718 (6,536) Other Miscellaneous Revenues 1,800 1,800 1, % (41) Compliance Fees 48,720 48,720 23,710 (25,010) 48.67% 4,060 - (4,060) TOTAL OPERATING REVENUES 475, , ,170 (31,583) 93.36% 39,646 29,090 (10,556) OPERATING EXPENSES PERSONNEL AND ADMINISTRATION P/R-Board of Supervisors 1,500 1,500 1, % FICA Taxes % ProfServ-Engineering % ProfServ-Legal Services 3,600 3,600 4,565 (965) % (471) ProfServ-Mgmt Consulting Serv 10,640 10,640 14,343 (3,703) % 887 1,627 (740) Auditing Services % Contracts-On-Site Maintenance 7,210 7,210 4,206 3, % Postage and Freight % Insurance - General Liability 1,666 1,666 1,757 (91) % Printing and Binding % Legal Advertising (113) % (33) Miscellaneous Services % Misc-Records Storage (50) 0.00% - 10 (10) Misc-Web Hosting (154) % (10) Office Supplies % TOTAL PERSONNEL AND ADMINISTRATION 27,981 27,981 28,775 (794) % 2,135 2,647 (512) OTHER OPERATING EXPENSES WATER-SEWER COMB SERVICES ProfServ-Utility Billing % Contracts-Other Services 55,220 55,220 54, % 4,602 4, Utility - Base Rate 122, , ,608 (108) % 10,208 10,208 0 Utility - Water-Usage 191, , ,545 26, % 15,958 8,214 7,744 R&M-General 60,000 60,000 56,687 3, % 5,000 1,400 3,600 Misc-Contingency 5,651 5,651-5, % Back Flow Preventors 48,720 48,720 23,295 25, % 4,060-4,060 Reserve - Water System ,913 (31,913) 0.00% TOTAL WATER-SEWER COMB SERVICES 484, , ,056 30, % 40,382 24,400 15,982 TOTAL OPERATING EXPENSES 512, , ,831 29, % 42,517 27,047 15,470 OPERATING INCOME (LOSS) (36,817) (36,817) (38,661) (1,844) -105% (2,871) 2,043 4,914 Page 14

18 G L R S T U V W X Y Z AA AB AC AD AE AF AG RIVERWOOD CDD WATER, SEWER & IRRIGATION FUND FUND STATEMENT OF REVENUES, EXPENSES AND FUND NET ASSETS - (IRRIGATION ONLY) FOR THE PERIOD ENDING SEPTEMBER 30, 2017 OPERATING REVENUE ANNUAL ADOPTED BUDGET YEAR TO DATE BUDGET YEAR TO DATE ACTUAL YTD BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) YTD ACTUAL AS % OF ANNUAL ADOPTED BUDGET CURRENT MONTH BUDGET CURRENT MONTH ACTUAL $ $ $ $ $ $ $ CURRENT BUDGET VS. ACTUAL VARIANCE FAV (UNFAV) Irrigation-Base Rate 157, , , % 13,140 13, Irrigation-Usage 110, , ,185 11, % 9,167 7,612 (1,555) Sewer Revenue - - (46) (46) 0.00% - (46) (46) Meter Fees 1,000 1,000 - (1,000) 0.00% 83 - (83) TOTAL OPERATING REVENUES 268, , ,314 10, % 22,390 20,761 (1,629) OPERATING EXPENSES PERSONNEL AND ADMINISTRATION P/R-Board of Supervisors 1,500 1,500 1, % FICA Taxes % ProfServ-Engineering 7,500 7,500 4,434 3, % ProfServ-Legal Services 3,800 3,800 4,565 (765) % (454) ProfServ-Mgmt Consulting Serv 10,640 10,640 14,343 (3,703) % 887 1,627 (740) Auditing Services % Contracts-On-Site Maintenance 7,210 7,210 4,206 3, % Postage and Freight % Insurance - Property 1,074 1, % Insurance - General Liability 1,668 1,668 1,759 (91) % Printing and Binding % Legal Advertising (113) % (33) Miscellaneous Services % Misc-Records Storage (50) 0.00% - 10 (10) Misc-Web Hosting (154) % (10) Office Supplies % TOTAL PERSONNEL AND ADMINISTRATION 36,257 36,257 34,109 2, % 2,735 2, OTHER OPERATING EXPENSES WATER-SEWER COMB SERVICES Contracts-Other Services 25,541 25,541 27,208 (1,667) % 2,128 2, Electricity - General 26,400 26,400 28,902 (2,502) % 2,200 2,500 (300) Utility - Water-Usage 60,000 60,000 32,363 27, % 5,000 2,316 2,684 R&M-General 70,000 70,000 52,609 17, % 5,833 8,479 (2,646) Op Supplies - Chemicals 6,800 6,800 7,019 (219) % Reserve - Irrigation System 50,891 50,891 7,632 43, % TOTAL WATER-SEWER COMB SERVICES 239, , ,733 83, % 15,728 15, TOTAL OPERATING EXPENSES 275, , ,842 86, % 18,463 18, OPERATING INCOME (LOSS) (7,211) (7,211) 89,472 96, % 3,927 2,617 (1,310) Page 15

19 Riverwood Community Development District Supporting Schedules September 30, 2017

20 Riverwood Community Development District Non-Ad Valorem Special Assessments (Charlotte County Tax Collector - Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2017 General Funds General Fund Allocation Debt Service Fund 2007A Discount / Collection Gross Discount / Collection Gross Date Net Amount (Penalties) Costs Amount General Fund General Fund Net Amount (Penalties) Costs Amount Received Received Amount Received Received Amount Received Assessments Levied $1,062,699 $777,751 $284,948 Assessments Levied $ 109,650 Allocation % 100% 73% 27% Allocation % 100% 11/08/16 $ 11,299 $ 471 $ 231 $ 12,000 $ 8,782 $ 3,218 $ 1,255 $ 52 $ 26 $ 1,333 11/15/16 $ 7,017 $ 292 $ 143 $ 7,453 $ 5,455 $ 1,998 $ 780 $ 32 $ 16 $ /22/16 $ 56,139 $ 2,339 $ 1,146 $ 59,623 $ 43,636 $ 15,987 $ 6,238 $ 260 $ 127 $ 6,625 11/29/16 $ 122,101 $ 5,088 $ 2,492 $ 129,681 $ 94,909 $ 34,772 $ 13,568 $ 565 $ 277 $ 14,410 12/13/16 $ 152,977 $ 6,374 $ 3,122 $ 162,473 $ 118,908 $ 43,565 $ 16,998 $ 708 $ 347 $ 18,054 12/20/16 $ 224,554 $ 9,356 $ 4,583 $ 238,493 $ 174,545 $ 63,949 $ 24,952 $ 1,040 $ 509 $ 26,500 12/28/16 $ 182,457 $ 7,602 $ 3,724 $ 193,783 $ 141,823 $ 51,960 $ 20,274 $ 845 $ 414 $ 21,533 01/10/17 $ 65,714 $ 2,032 $ 1,341 $ 69,088 $ 50,563 $ 18,525 $ 7,302 $ 226 $ 149 $ 7,677 02/07/17 $ 108,577 $ 2,216 $ 2,216 $ 113,009 $ 82,707 $ 30,302 $ 4,049 $ 83 $ 83 $ 4,214 03/14/17 $ 12,723 $ 129 $ 260 $ 13,112 $ 9,596 $ 3,516 $ 1,414 $ 14 $ 29 $ 1,457 04/14/17 $ 33,182 $ - $ 677 $ 33,859 $ 24,780 $ 9,079 $ 3,687 $ - $ 75 $ 3,762 04/20/17 $ 11,264 $ - $ 230 $ 11,494 $ 8,412 $ 3,082 $ 1,252 $ - $ 26 $ 1,277 05/10/17 $ 6,543 $ - $ 134 $ 6,676 $ 4,886 $ 1,790 $ 727 $ - $ 15 $ /13/17 $ 1,707 $ - $ 35 $ 1,742 $ 1,275 $ 467 $ 190 $ - $ 4 $ /12/17 $ 8,282 $ - $ 169 $ 8,451 $ 6,185 $ 2,266 $ 920 $ - $ 19 $ 939 TOTAL $ 1,004,537 $ 35,899 $ 20,501 $ 1,060,937 $ 776,461 $ 284,476 $ 103,605 $ 3,825 $ 2,114 $ 109,544 % COLLECTED 100% 100% 100% 100% TOTAL OUTSTANDING $ 1,762 $ 1,290 $ 472 $ 106 Report Date: 10/3/2017 Prepared by: Severn Trent Management Services Page 16

21 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount GENERAL FUND (001) FUND /05/17 NHC UTILITIES INC /19-8/16/17 WTR UTILITY Utility - Water & Sewer $ /05/17 BB&T INSURANCE SERVICES INC RCOM FY18 FLOOD INS-ACT CTR & PL BD ACT CTR & POOL BLDG $4, /05/17 CURB SYSTEMS OF S.W. FLORIDA & SARASOTA REPLACED VALLEY GUTTER R&M-Sidewalks $3, /05/17 GMA ARCHITECT 1194 ACT CTR RENO Capital Outlay $14, /07/17 FEX AUG POSTAGE Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 ProfServ-Mgmt Consulting Serv $3, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Contingency $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Contingency $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Contingency $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Contracts-On-Site Maintenance $2, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Reserve - RV Park $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES ProfServ-Mgmt Consulting Serv $3, /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Activity Center $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Preserves $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Lake $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Storm Drain Cleaning $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Lake $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Activity Center $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Road Scapping $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Activity Center $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Postage and Freight $1, /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Preserves $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Reserve - RV Park $ /18/17 AQUATIC WEED CONTROL INC PRESERVE CLEANUP R&M-Preserves $15, /18/17 ARTIS TREE BRIS PICKUP Misc-Contingency $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # FCH $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # $ /18/17 HOME POT CREDIT SRV PURCHASES FOR 6/26 THRU 7/17/1 Invoice # $ /18/17 LAKE MASTERS AQUATIC SEPT AQUATIC MAINT Contracts-Lakes $2, /18/17 PUTNAM MECHANICAL, LLC OFF A/C UNIT CHECKED R&M-Activity Center $99.00 Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 17

22 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount /18/17 TEM SYSTEMS INC GATE HSE ONLINE SUPPORT R&M-Gate $ /18/17 TEM SYSTEMS INC BACK GATE REPAIR R&M-Gate $1, /18/17 TRAFFIC CONTROL VICES INC APP 1 TRAFFIC CONTROL PROJECT Capital Outlay $12, /18/17 TRASK SURVEYING, P.A MAINT EASEMENT STAKING Misc-Contingency $3, /18/17 GMA ARCHITECT 1153 ACT CTR RENO Capital Outlay $4, /18/17 JEFF MASTERS ELECTRIC INC PARKING LOT POLE REPR R&M-Activity Center $ /18/17 JEFF MASTERS ELECTRIC INC ELECTRICAL LIGHT REPRS R&M-General $1, /18/17 TRASK SURVEYING, P.A PREP ELEVATION CERT BLD 1&2 R&M-Activity Center $ /19/17 BB&T INSURANCE SERVICES INC INSURANCE PACKAGE 17/18 Prepaid Items $29, /21/17 FEX SEPT POSTAGE Postage and Freight $ /22/17 THE SUN-HERALD WTR RATE AMENDMENTS, ETC. Legal Advertising $ /25/17 GMA ARCHITECT 1225 CTR CAMPUS ADD/RENOVATIONS Capital Outlay $79, /27/17 BLALOCK WALTERS P.A. 67 JULY GEN MATTERS ProfServ-Legal Services $2, /27/17 BLALOCK WALTERS P.A. 68 8/2-8/31/17 GEN COUNSEL ProfServ-Legal Services $1, /27/17 CPH INC SIGNILIZATION THRU 7/16/17 R $3, /27/17 CPH INC SIGNALIZATION THRU 8/13/17 R $7, /28/17 COMCAST COMMUNICATIONS OCT BUS INTERNET $ ACH040 09/06/17 Payment of Invoice ACH 7/20-8/18/17 ELEC AUTO PAY Electricity - General $3, /20/17 RITA F. ANRSON PAYROLL September 20, 2017 Payroll Posting $ /20/17 RICHARD J. KNAUB PAYROLL September 20, 2017 Payroll Posting $ /20/17 LUCILLE SYREK PAYROLL September 20, 2017 Payroll Posting $ /20/17 MICHAEL S. SPILLANE PAYROLL September 20, 2017 Payroll Posting $ Fund Total $208, Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 18

23 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount BEACH CLUB FUND (OPERATIONS) FUND /07/17 WASTE MANAGEMENT INC BCH CLB WASTE 09/17 Utility - Refuse Removal $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 ProfServ-Mgmt Consulting Serv $5, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Op Supplies - General $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES ProfServ-Mgmt Consulting Serv $5, /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Equipment $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Equipment $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Equipment $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Equipment ($17.00) /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES R&M-Equipment $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Records Storage $ /18/17 BABE'S ACE HARDWARE /2 TRSH CAN/WEED KILLER Op Supplies - General $ /18/17 BABE'S ACE HARDWARE /2 PAINT SUPPLIES Op Supplies - General $ /18/17 BABE'S ACE HARDWARE /2 MOPHEADS Cleaning Supplies $ /18/17 BABE'S ACE HARDWARE /2 CLNR/GLSBLK Cleaning Supplies $ /18/17 ENGLEWOOD WATER DISTRICT /13-8/11/17 WTR Utility - Water & Sewer $ /19/17 BB&T INSURANCE SERVICES INC INSURANCE PACKAGE 17/18 Prepaid Items $6, /21/17 FRONTIER SEPT 2017 BCH CLB Communication - Telephone $ ACH040 09/06/17 Payment of Invoice ACH 7/20-8/18/17 ELEC AUTO PAY N BCH ROAD $83.34 Fund Total $18, WATER, SEWER & IRRIGATION FUND FUND /22/17 RIVERWOOD CDD TRANS FROM MMA TO WF Investments Current $200, /05/17 NHC UTILITIES INC /19-8/16/17 WTR UTILITY Utility - Water & Sewer $ /05/17 WASTE MANAGEMENT INC SEPT DUMPSTER 4290 CLB DR $ /05/17 XYLEM WATER SOLUTIONS INC SLING CHAIN/STA UP FLYGT LS 10 Reserve - Sewer $14, /07/17 CENTURYLINK /19-9/18/17 SERVICES # $ /07/17 FEX AUG POSTAGE Postage and Freight $ /07/17 FEX AUG POSTAGE Postage and Freight $ /07/17 FEX AUG POSTAGE Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $1, /18/17 SEVERN TRENT ENVIRONMENTALS /2-8/9/17 SEWER SERVICES WO $ Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 19

24 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount /18/17 SEVERN TRENT ENVIRONMENTALS IRR REPRS WO $ /18/17 SEVERN TRENT ENVIRONMENTALS IRR REPRS WO $ /18/17 SEVERN TRENT ENVIRONMENTALS IRR REPRS WO $ /18/17 SEVERN TRENT ENVIRONMENTALS IRR REPRS WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $1, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WA $1, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $3, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $1, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS SEWER REPR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS IRR SERVICES WO $2, /18/17 SEVERN TRENT ENVIRONMENTALS IRR SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES AUGUST $27, /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES AUGUST $4, /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES AUGUST $2, /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES JULY BILLING $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES JULY BILLING $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG CONTRACT/JULY EXPENSES REUSE PMP REPR $2, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER SERVICES WA $8, /18/17 SEVERN TRENT ENVIRONMENTALS SEWER SERVICES WO $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 ProfServ-Mgmt Consulting Serv $8, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 ProfServ-Mgmt Consulting Serv $1, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 ProfServ-Mgmt Consulting Serv $1, /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS MGMT FEES JULY 2017 Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES ProfServ-Mgmt Consulting Serv $8, /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES ProfServ-Mgmt Consulting Serv $1, Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 20

25 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES ProfServ-Mgmt Consulting Serv $1, /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Postage and Freight $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Printing and Binding $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Web Hosting $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Records Storage $ /18/17 SEVERN TRENT ENVIRONMENTALS AUG 2017 MGMT FEES Misc-Records Storage $ /18/17 FORTILINE WATERWORKS CR DUPLICATE INVOICE R&M-General ($28.35) /18/17 FORTILINE WATERWORKS HYD EXT B84B R&M-General $1, /18/17 HAWKINS INC WWTP HYPOCHLORITE Op Supplies - Chemicals $ /18/17 HAWKINS INC ULTRA-CHLOR Op Supplies - Chemicals $ /18/17 HAWKINS INC ULTRA-CHLOR Op Supplies - Chemicals $ /18/17 HAWKINS INC SODIUM HYDROXI/CCH GRANULAR Op Supplies - Chemicals $ /18/17 PUTNAM MECHANICAL, LLC THERMOSTAT MCLEAN PMP REPLACE R&M-General $ /18/17 PUTNAM MECHANICAL, LLC MCCLEAN PMP UNIT THERMO REPR R&M-General $ /18/17 AGEE, JAMES WTR REFUND Other Current Liabilities $ /18/17 BOB VAN R HERCHEN BEE REMOVAL WTR MTR BOX R&M-General $ /18/17 CHARLOTTE COUNTY UTILITIES /27-8/29/17 WTR UTILITY $2, /18/17 ELLIOTT, REK & DOREE WTR REFUND Other Current Liabilities $ /18/17 INABNITT, TONY & CLAUDIA WTR REFUND Other Current Liabilities $ /18/17 KIDD, PATTI WATER REFUND Other Current Liabilities $ /19/17 BB&T INSURANCE SERVICES INC INSURANCE PACKAGE 17/18 Prepaid Items $29, /21/17 CHARLOTTE COUNTY UTILITIES /26-8/24/17 BLK WTR Utility - Water-Usage $8, /21/17 CHARLOTTE COUNTY UTILITIES /26-8/24/17 BLK WTR Utility - Base Rate $10, /21/17 FEX SEPT POSTAGE Postage and Freight $ /21/17 FEX SEPT POSTAGE Postage and Freight $ /21/17 FEX SEPT POSTAGE Postage and Freight $ /22/17 THE SUN-HERALD WTR RATE AMENDMENTS, ETC. Legal Advertising $ /22/17 THE SUN-HERALD WTR RATE AMENDMENTS, ETC. Legal Advertising $ /22/17 THE SUN-HERALD WTR RATE AMENDMENTS, ETC. Legal Advertising $ /25/17 AMERICAN WIRELESS ALARM INC CAMERAS REPLACE DAMAGED CAMERAS R&M-General $1, /25/17 AMERICAN WIRELESS ALARM INC CAMERAS REPLACE DAMAGED CAMERAS R&M-General $1, /25/17 DOBROSKY, EDWIN WATER REFUND Other Current Liabilities $ /25/17 FERGUSON ENTERPRISES INC x4 GALV STL NIP R&M-General $ /25/17 HAWKINS INC SODIUM HYDROXI Op Supplies - Chemicals $ /25/17 OPALEWSKI,TIMOTHY WATER REFUND Other Current Liabilities $ /25/17 OPALEWSKI,TIMOTHY NONE WATER REFUND Other Current Liabilities $ Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 21

26 Riverwood Community Development District Check Register by Fund For the Period from 9/1/17 to 9/30/17 (Sorted by Check No.) Fund No. Check No. Check Date Payee Invoice No. Invoice Description G/L Account Name G/L Account # Check Amount /25/17 SHRAWR, CHARLES WATER REFUND Other Current Liabilities $ /25/17 TAREL, CHRISTOPHER WATER REFUND Other Current Liabilities $ /25/17 TEM SYSTEMS INC POSIT OF INSTALL POSIT $2, /27/17 BLALOCK WALTERS P.A. 67 JULY GEN MATTERS ProfServ-Legal Services $1, /27/17 BLALOCK WALTERS P.A. 67 JULY GEN MATTERS ProfServ-Legal Services $ /27/17 BLALOCK WALTERS P.A. 67 JULY GEN MATTERS ProfServ-Legal Services $ /27/17 BLALOCK WALTERS P.A. 68 8/2-8/31/17 GEN COUNSEL ProfServ-Legal Services $1, /27/17 BLALOCK WALTERS P.A. 68 8/2-8/31/17 GEN COUNSEL ProfServ-Legal Services $ /27/17 BLALOCK WALTERS P.A. 68 8/2-8/31/17 GEN COUNSEL ProfServ-Legal Services $ /28/17 NHC UTILITIES INC WTR SERVICE LFT STATION $ ACH040 09/06/17 Payment of Invoice ACH 7/20-8/18/17 ELEC AUTO PAY Electricity - General $1, ACH040 09/06/17 Payment of Invoice ACH 7/20-8/18/17 ELEC AUTO PAY Electricity - General $2, Fund Total $373, Total Checks Paid $600, Report Date 10/3/2017 Prepared by: Severn Trent Management Services Page 22

27 Riverwood Community Development District Accounts Payable Detail September 30, 2017 Fund Vendor Description Amount General Fund Sun-Herald Legal Ad 75 General Fund NHC Utilities Water & Sewer 801 Water & Sewer Fund Sun-Herald Legal Ad 427 Water & Sewer Fund Ferguson Enterprises Parts 15 Water & Sewer Fund American Wireless Cameras 3,421 Water & Sewer Fund Hawkins Parts 835 Total Accounts Payable 5,574 Report Date: 10/3/2017 Prepared By: Severn Trent Management Services Page 23

28 Riverwood Community Development District Accrued Expenses Detail September 30, 2017 Fund Vendor Description Amount General Fund Severn Trent 09/17 Management Fees 4,113 Estimated General Fund Florida Power & Light 09/17 Electric 3,500 Estimated Beach Club Fund Englewood Utilities 09/17 Water & Sewer 100 Estimated Beach Club Fund Severn Trent 09/17 Management Fees 5,105 Estimated Beach Club Fund Florida Power & Light 09/17 Electric 80 Estimated Water & Sewer Fund Severn Trent 09/17 Management Fees 12,444 Estimated Water & Sewer Fund Severn Trent 09/17 Contract Services 34,074 Estimated Water & Sewer Fund Florida Power & Light 09/17 Electric 6,000 Estimated Water & Sewer Fund Charlotte County Utilities 09/17 Bulk Water 22,208 Estimated Total Accrued Expenses 87,624 Report Date: 10/3/2017 Prepared By: Severn Trent Management Services Page 24

29 Riverwood CDD Bank Reconciliation Bank Account No Statement No Statement Date 9/30/2017 Valley National Bank - GF G/L Balance (LCY) 53, G/L Balance 53, Positive Adjustments 0.00 Subtotal 53, Negative Adjustments 0.00 Statement Balance 53, Outstanding Deposits 0.00 Subtotal 53, Outstanding Checks Differences 0.00 Ending G/L Balance 53, Ending Balance 53, Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Page 25

30 Page 26

31 Page 27

32 Page 28

33 Riverwood CDD Bank Reconciliation Bank Account No Statement No Statement Date 9/30/2017 Wells Fargo - ENT G/L Balance (LCY) 176, G/L Balance 176, Positive Adjustments 0.00 Subtotal 176, Negative Adjustments 0.00 Statement Balance 196, Outstanding Deposits 0.00 Subtotal 196, Outstanding Checks 19, Differences 0.00 Ending G/L Balance 176, Ending Balance 176, Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Page 29

34 Commercial Checking Acct Public Funds Account number: 5717 September 1, September 30, 2017 Page 1 of 4 Number of enclosures: 48 Questions? RIVERWOOD COMMUNITY 210 N UNIVERSITY DR STE 702 CORAL SPRINGS FL Call your Customer Service Officer or Client Services AT WELLS ( ) 5:00 AM TO 6:00 PM Pacific Time Monday - Friday Online: wellsfargo.com Write: Wells Fargo Bank, N.A. (182) PO Box San Francisco, CA Account summary Commercial Checking Acct Public Funds Account number Beginning balance Total credits Total debits Ending balance 5717 $249, $371, $424, $196, Credits Deposits Effective Posted date date Amount Transaction detail 09/ Deposit 09/15 2, Deposit 09/15 1, Deposit 09/ Deposit 09/21 1, Deposit 09/22 200, Deposit 09/ Deposit 09/ Deposit 09/ Deposit Electronic deposits/bank credits $206, Total deposits Effective Posted date date Amount Transaction detail 09/01 4, Electronic Check Deposit 09/05 60, Electronic Check Deposit 09/05 5, ACH Origination - Riverwood Cdd - File Coid /06 14, Electronic Check Deposit 09/06 31, ACH Origination - Riverwood Cdd - File Coid / Pnp Billpayment Sett Riverwood Community 09/07 1, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Pnp Billpayment Sett Riverwood Community 09/08 15, Electronic Check Deposit Encl = 48 (182) Sheet Seq = Sheet of Page 30

35 Account number: 5717 September 1, September 30, 2017 Page 2 of 4 Electronic deposits/bank credits (continued) Effective Posted date date Amount Transaction detail 09/ Pnp Billpayment Sett Riverwood Community 09/11 2, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/12 4, Electronic Check Deposit 09/13 2, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Pnp Billpayment Sett Riverwood Community 09/ Pnp Billpayment Sett Riverwood Community 09/14 2, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Electronic Check Deposit 09/ Electronic Check Deposit 09/ Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/22 1, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Electronic Check Deposit 09/26 2, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/ Pnp Billpayment Sett Riverwood Community 09/ Pnp Billpayment Sett Riverwood Community 09/28 3, Electronic Check Deposit 09/ Pnp Billpayment Sett Riverwood Community 09/29 4, Electronic Check Deposit $164, Total electronic deposits/bank credits $371, Total credits Debits Electronic debits/bank debits Effective Posted date date Amount Transaction detail 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community Sheet Seq = Sheet of Page 31

36 Account number: 5717 September 1, September 30, 2017 Page 3 of 4 Electronic debits/bank debits (continued) Effective Posted date date Amount Transaction detail 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 08/ Ppda Riverwood Community 09/06 1, Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/06 1, Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/06 1, Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/06 1, Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community Sheet Seq = Sheet of Page 32

37 Account number: 5717 September 1, September 30, 2017 Page 4 of 4 Electronic debits/bank debits (continued) Effective Posted date date Amount Transaction detail 09/ Fpl Direct Debit Elec Pymt 09/ Ppda Riverwood Community 09/07 7, Deposited Item Retn Unpaid - Paper / ACH Returns - Severn Trent - File Coid / Client Analysis Srvc Chrg Svc Chge Checks paid $16, Total electronic debits/bank debits Number Amount Date Number Amount Date Number Amount Date / / , / / * 64, / * / , / , / , / / , / / , / / , / , / , / * / , / , / , / , / / , / / , / / / / / , / , / / , / , / , / , / , / * / , / / , / / / * / / / * 2, /28 $408, Total checks paid * Gap in check sequence. $424, Total debits Daily ledger balance summary Date Balance Date Balance Date Balance 08/31 249, /12 324, /21 273, /01 254, /13 327, /22 404, /05 289, /14 329, /25 323, /06 321, /15 310, /26 325, /07 315, /18 311, /27 326, /08 331, /19 311, /28 191, /11 319, /20 295, /29 196, Average daily ledger balance $304, Wells Fargo Bank, N.A. All rights reserved. Member FDIC. Sheet Seq = Sheet of Page 33