Live Oak Lake Community Development District

Meeting Agenda June 5, 2023

Agenda

Live Oak Lake
Community Development District
219 E. Livingston St., Orlando, FL 32801 Phone: 407-841-5524

May 29, 2024

Board of Supervisors Live Oak Lake
Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of Live Oak Lake Community Development District will be held Wednesday, June 5, 2024, at 2:30 PM at the West Osceola Branch Library, 305 Campus Street, Celebration, FL 34747.
Those members of the public wishing to attend the meeting can do so using the information below: Zoom Video Link: https://us06web.zoom.us/j/83613541694
Zoom Call-In Information: 1-305-224-1968 Zoom ID: 836 1354 1694

Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of Minutes of the May 1, 2024 Board of Supervisors Meeting
Consideration of Resolution 2024-02 Approving Fiscal Year 2025 Proposed Budget And Setting Public Hearing to Adopt
Ratification of Termination of Temporary Construction and Access Easement
Ratification of Proposals Related to Irrigation Installation on Nolte Road
Staff Reports
Attorney
Engineer
Authorization for Additional Services
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Approval of Balance Sheet
Reminder of Form1 Filing Deadline- July 1, 2024
Other Business
Supervisors Requests
Adjournment

Minutes

MINUTES OF MEETING LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Live Oak Lake Community Development District was held on Wednesday, May 1, 2024 at 2:30 p.m. at the West Osceola Branch Library, 305 Campus Street, Celebration, Florida and via Zoom.

Present and constituting a quorum:
Andrea Stevens	Vice Chairperson
Mel Gray Marshall by Zoom	Assistant Secretary
Ned Bowman	Assistant Secretary
Kimberly Locher	Assistant Secretary Also present were:
Tricia Adams	District Manager/GMS
Sarah Sandy	District Counsel, Kutak Rock
Jarrett Wright	Field Services, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order. Three Supervisors were present in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams opened up the public comment period. No members of the public were attending in person. There was one member of the public attending on Zoom, the caller had no comment.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 7, 2024
Board of Supervisors Meeting
Ms. Adams presented the minutes from the Board of Supervisors meeting on February 7, 2024, which can be found on page 5 of the agenda packet. She asked for any comments,

corrections, or questions from the Board. The Board had no changes to the minutes. She noted the minutes had been reviewed by counsel and staff and no corrections were noted.

On MOTION by Mr. Bowman, seconded by Ms. Locher, with all in favor, the Minutes of the February 7, 2024, Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Presentation of Series 2016 Arbitrage Rebate
Report
Ms. Adams stated the tax-exempt bonds are regulated by the IRS and we are required to report we are not earning more interest that what we pay. She added there is no arbitrage issue.

On MOTION by Ms. Stevens, seconded by Mr. Bowman, with all in favor, the Series 2016 Arbitrage Rebate Report, was approved.

FIFTH ORDER OF BUSINESS	Ratification of Series 2016 Engagement Letter
for Arbitrage Rebate Services
Ms. Adams presented the engagement letter and was noted it had been approved. She added the Board ask staff to pursue a better rate. She noted they came down from their original price and this is a negotiated rate.

On MOTION by Ms. Locher, seconded by Mr. Bowman, with all in favor, the Series 2026 Engagement Letter for Arbitrage Rebate Services, was ratified.

SIXTH ORDER OF BUSINESS	Presentation of Fiscal Year 2023 Audit Report
Ms. Adams noted this independent audit report is required annually. This report includes a letter to Supervisors and there were no findings and financial records are in order. It is a clean audit.

On MOTION by Ms. Stevens, seconded by Mr. Bowman, with all in favor, the Fiscal Year 2023 Audit Report, was approved.

SEVENTH ORDER OF BUSINESS	Consideration of Damaged Sod Replacement
Proposal from Juniper
Ms. Adams stated this proposal is for the sod damage from deficiencies from the landscape provider. She added the vendor was contacted. Ms. Sandy presented the proposal from Juniper and the cost was around $100,000. She added it was requested they make an offer to carry the cost or provide a credit to the district. The final offer was for 50% off and provided a credit to replace the damaged sod.
The concern from the Board was having the replacement completed all at once. Discussion ensued on the payments, how to ensure the work is acceptable, the costs to the district, the option to elect a different service provider and a notice requirement. Another discussion topic was around the lack of irrigation and the affect it would have on the sod replacement.
The landscape contract terms were discussed to ensure Juniper was completing the work appropriately to the satisfaction of the Board.
Ms. Marshall asked about a low bid and the ability to renegotiate landscape services. The amount Juniper offered was 50% credit on the sod installation. Ms. Sandy asked the Board to hold on evaluation of landscape service bids and ask the Board to make a decision if they will continue with Juniper or continue moving forward with the bid process.
The final thought was to have the project to be done in phases to ensure the Board was happy with their work. District Counsel will confirm the terms with Juniper.

On MOTION by Mr. Bowman, seconded by Ms. Stevens, with all in favor, the Proposal from Juniper for Sod Damage Replacement, was approved.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Sandy updated the Board on negotiating with Juniper on the warranty language and the wording of the new contract.

Engineer
Ms. Adams noted there was no Engineer’s report.

Field Manager’s Report

Ms. Adams noted there was a motion to reject all proposals for landscape services based on the best interest of the District and to continue landscape maintenance services with Juniper.

Consideration of Proposals for Landscape Services
Blade Runners
Helping Hand Lawn Care
Juniper
Prince and Sons
Rotolo Consultants, Inc. (RCI)
United Land Services
Yellowstone Landscape

On MOTION by Ms. Locher, seconded by Ms. Stevens, with all in favor, to Reject All Proposals for Landscaping Services Based on the Best Interest of the District and to Continue with The Current Service Provider, was approved.

Ms. Adams advised the letters of rejection to the vendors would be sent. There would be an effort to ensure vendors would submit a landscape service bid in the future if the need arises.

Mr. Wright presented the Field Manager’s report. Discussion included sodding, irrigation issues, process to correct issues, discussion of restrictions on irrigation, water usage, challenges for irrigation and increase of homes to the community. Mr. Wright discussed the irrigation issues and reviewed the proposals for irrigation improvement for $3,553.

On MOTION by Mr. Bowman, seconded by Ms. Stevens, with all in favor, the Proposal for Irrigation Improvement, was approved.

Mr. Wright discussed the proposal for changing out irrigation and the approval of the new budget. There was a motion to rescind the prior motion approval.

On MOTION by Mr. Bowman, seconded by Ms. Stevens, with all in favor, to Rescind the Approval Motion, was approved.

The motion was made to delegate authority to the Vice Chair to Approve Proposal for Irrigation Improvements.

On MOTION by Mr. Bowman, seconded by Ms. Stevens, with all in favor, Delegating Authority to the Vice Chair to Approve Proposals for Irrigation Improvements, was approved.

Mr. Wright made comments on the pond and stocking of game fish and the coordination with the HOA for an announcement. Other discussion was on the mature trees and turning off bubblers that were no longer needed.

District Manager’s Report
February and March Check Registers
February and March Balance Sheets
The check run summaries and balance sheets were presented for February and March. Discussion ensued on the balances of the water bill and the HOA to reimburse. Ms. Adams will confirm. She noted they are running under budget.

On MOTION by Mr. Bowman, seconded by Ms. Stevens, with all in favor, the Check Registers, were approved.

Number of Registered Voters in the District
Ms. Adams reviewed the number of registered voters in the District as of April 15, 2024, as 1,307. She noted there was no action was required.

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

TENTH ORDER OF BUSINESS	Supervisors Requests
There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Stevens, seconded by Ms. Locher, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section IV

RESOLUTION 2024-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FISCAL YEAR 2024/2025 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Live Oak Lake Community Development District (“District”) prior to June 15, 2024, proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2024/2025”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	August 7, 2024
HOUR:	2:30 PM
LOCATION: West Osceola Branch Library
305 Campus Street Celebration, FL 34747

TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT(S). The District Manager is hereby directed to submit a copy of the Proposed Budget to the local general-purpose governments at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 5th DAY OF JUNE, 2024.

ATTEST:	LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	Proposed Budget

Exhibit A

	Table of Contents	

1		General Fund	

2-5	
	General Fund Narrative	

6	
	Debt Service Fund Series 2016	

7	
	Amortization Schedule - Debt Service Fund Series 2016	

8	
	Debt Service Fund Series 2020	

9	
	Amortization Schedule - Debt Service Fund Series 2020	

Live Oak Lake
Community Development District
Proposed Budget General Fund
	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
 Description			FY 2024			4/30/24		5 Months	9/30/24	FY 2025	
Revenues						
Assessments - Tax Collector (Net)	$318,757	$311,947	$6,810	$318,757	$351,094	
Assessments - Off Roll (Platted)	$124,193	$124,195	$0	$124,195	$116,450	
Assessments - Off Roll (Unplatted)	$0	$0	$0	$0	$29,828	
Interest Income	$0	$328	$234	$562	$0	
Developer Deficit Funding	$258,041	$0	$258,041	$258,041	$185,859	
Carryforward Surplus	$52,245	$52,245	$0	$52,245	$73,757	
TOTAL REVENUES	$753,236	$488,714	$265,085	$753,799	$756,987	
Expenditures						
Administrative						
Supervisor Fees	$9,600	$600	$1,800	$2,400	$12,000	
FICA Expense	$734	$46	$138	$184	$918	
Engineering	$15,000	$3,660	$3,660	$7,320	$15,000	
Dissemination	$5,000	$3,017	$2,155	$5,171	$5,250	
Assessment Roll	$5,000	$5,000	$0	$5,000	$5,250	
Property Appraiser	$600	$0	$600	$600	$600	
Arbitrage	$1,150	$500	$650	$1,150	$1,150	
Attorney	$30,000	$8,564	$8,564	$17,127	$30,000	
Annual Audit	$5,100	$5,100	$0	$5,100	$5,100	
Trustee Fees	$8,100	$8,081	$0	$8,081	$8,100	
Management Fees	$38,588	$22,510	$16,078	$38,588	$42,500	
Information Technology	$0	$0	$0	$0	$1,890	
Postage	$1,450	$780	$557	$1,337	$1,450	
Copies	$250	$33	$24	$57	$250	
Insurance	$6,426	$6,076	$0	$6,076	$6,684	
Legal Advertising	$2,500	$583	$417	$1,000	$2,500	
Other Current Charges	$350	$0	$0	$0	$350	
Office Supplies	$100	$2	$2	$4	$100	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Website Hosting/Compliance	$1,553	$776	$388	$1,164	$1,260	
TOTAL ADMINISTRATIVE	$131,676	$65,503	$35,031	$100,534	$140,527	
Field						
Field Management	$15,750	$9,188	$6,563	$15,750	$16,538	
Property Insurance	$5,000	$3,879	$0	$3,879	$5,000	
Aquatic Control	$40,584	$29,738	$21,318	$51,056	$51,200	
Mitigation Maintenance	$7,100	$1,695	$5,405	$7,100	$2,000	
Midge Management	$25,000	$8,132	$16,868	$25,000	$20,000	
Contingency	$15,000	$0	$15,000	$15,000	$9,384	
Landscape Maintenance	$286,000	$158,100	$112,929	$271,029	$286,000	
Landscaping Replacements	$50,000	$0	$50,000	$50,000	$50,000	
Pond Fountain Maintenance	$15,000	$1,919	$10,000	$11,919	$15,000	
Irrigation Consultant Services	$6,000	$3,500	$2,500	$6,000	$6,000	
Irrigation Repairs	$15,000	$3,456	$3,500	$6,956	$15,000	
General Repairs and Maintenance	$15,000	$3,604	$4,000	$7,604	$15,000	
Electricity-Street Lights	$43,694	$373	$43,321	$43,694	$43,694	
Water-Irrigation	$64,182	$24,423	$21,848	$46,271	$64,144	
Capital Reserve	$18,250	$0	$18,250	$18,250	$17,500	
TOTAL FIELD	$621,560	$248,007	$331,502	$579,508	$616,460	
						
TOTAL EXPENDITURES	$753,236	$313,510	$366,533	$680,043	$756,987	
						
EXCESS REVENUES (EXPENDITURES)	$0	$175,205	($101,448)	$73,757	$0	
				Net Assessment	$497,371	
Discounts & Collections 6% 		$31,747  Gross Assessment 	$529,118 

Unit Type	
Unit Count	FY 2022
Gross Per Unit	FY 2023
Gross Per Unit	FY 2024
Gross Per Unit	FY 2025
Gross Per Unit	Gross
Total	
Duplex 35'	504	237.67	237.67	249.55	249.55	$125,774.96	
50' SF	838	339.52	339.52	356.50	356.50	$298,743.65	
70' SF	146	475.33	475.33	499.10	499.10	$72,868.09	
Unplatted 	499		0.00	112.12	63.59	63.59		$31,731.41		
1,987					$529,118.11	

Page 1

REVENUES:

Assessments-Tax Collector
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund general operating and maintenance expenditures for the fiscal year. These assessments are billed on tax bills.

Assessments –Off Roll
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund general operating and maintenance expenditures for the fiscal year. The District levies these assessments directly to the property owners.

Developer Funding
The District will enter into an agreement with the Developer to fund General Fund expenditures and up to a certain deficit for the Fiscal Year.
Interest Income
The District earns interest on the monthly average collected balance for their money market accounts.

EXPENDITURES:
Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all 5 supervisors attending the estimated 12 meetings.

FICA Taxes
Related payroll taxes of 7.65% for above.

Engineering Fees
The District's engineer will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

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.

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

Property Appraiser
The District anticipates costs associated with services provided by the property appraiser’s office.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2016 Capital Improvement Revenue Bonds and the Series 2020 Special Assessment Revenue Bonds.

Attorney
The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

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

Trustee Fees
The District issued Series 2016 Capital Improvement Revenue Bonds and Series 2020 Special Assessment 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.

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

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc..
Postage
Mailings, overnight deliveries, and correspondence, etc.

Copies
Printing of computerized checks, stationary, envelopes, invoices, etc.

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

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

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

Office Supplies
Miscellaneous office supplies.

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

Website Hosting/Compliance
Represents the cost associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessment, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Field

Field Management
Governmental Management Services provides onsite field management of contracts such as landscape and lake maintenance, fountain maintenance, etc. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings, receive and respond to property owner email and phone calls.

Property Insurance
The District will bind a Property Insurance policy with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Aquatic Control
Represents the cost for maintenance to the 23 stormwater ponds located within the District. Services include, but are not limited to, treatment of nuisance vegetation and algae treatment.

Mitigation, Monitoring, and Maintenance
Post permit and mitigation compliance, bi-annual maintenance events, time-zeroing monitoring and reporting and annual monitoring and reporting as defined in District Engineer’s work authorizations.

Midge Management
Includes funding for deep water spray treatment, shoreline barrier and fogging to reduce midge population on an as needed basis.

Contingency-Field
Any unanticipated expenditure that may arise during the fiscal year.

Landscape Maintenance
The District contracts for landscape maintenance of certain common areas such as mowing, edging, blowing, fertilization, trimming and mowing around stormwater ponds.

Landscape Replacement
Replacement of plants needed throughout the District.

Pond Fountain Maintenance
Repairs and maintenance to the District’s eight fountains.

Irrigation Consultant Services
The district has contracted with Irrigation Management Consulting to maintain the irrigation systems.

Irrigation Repairs
Represents funds needed for repairs to the irrigation system of the district.

Electricity-Streetlights
The cost of electricity for Live Oak Lake CDD.

Water-Irrigation
The cost of water, sewer, and irrigation services for Live Oak Lake CDD.

Community Development District
Proposed Budget
Debt Service Fund - Series 2016

 Description	 		Adopted Budget
FY 2024	

 		Actual Thru
4/30/24	

 	Projected Next
5 Months	

 		Total Projected
9/30/24	Proposed Budget
  FY 2025		
Revenues									
Interest Income	$5,000		$39,340		$28,100		$67,440	$5,000	
Assessments - On Roll (Net)	$954,993		$948,164		$5,866		$954,030	$954,030	
Assessments - Prepayments	$0		$0		$0		$0	$0	
Carryforward Surplus (1)	$439,975		$458,837		$0		$458,837	$502,241	
TOTAL REVENUES	$1,399,968		$1,446,341		$33,966		$1,480,307	$1,461,271	

Expenditures									
Series 2016									
Interest - 11/01	$316,763		$316,763		$0		$316,763	$308,991	
Interest - 05/01	$316,763		$0		$316,303		$316,303	$308,991	
Principal - 05/01	$325,000		$0		$325,000		$325,000	$340,000	
Special Call - 11/01	$15,000		$20,000		$0		$20,000	$0	
TOTAL EXPENDITURES	$973,525		$336,763		$641,303		$978,066	$957,981	
									
EXCESS REVENUES	$426,443		$1,109,578		($607,337)		$502,241	$503,290	
							
11/25 Interest	
$301,341	

Unit
Type	No. of
Units	Gross Assessment
Per Unit Amount	
Total	
Duplex 35'	350	$975.00	$341,250.00	
50' SF	506	$1,025.00	$518,650.00	
70' SF		117		$1,325.00	  $155,025.00		
	973		$1,014,925.00	
		Less Discount/Collection Fees	  ($60,895.50) 	
		Net Assessment	$954,029.50	

(1) Carry forward surplus is net of the reserve requirement.

Community Development District Amortization Schedule
Series 2016, Capital Improvement Revenue Bonds

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/47

$	930,000	$

000.00

05/01/24	$	13,830,000	$	325,	
11/01/24	$	13,505,000	$	
05/01/25	$	13,505,000	$	340,	
11/01/25	$	13,165,000	$	
05/01/26	$	13,165,000	$	355,	
11/01/26	$	12,810,000	$	
05/01/27	$	12,810,000	$	375,	
11/01/27	$	12,435,000	$	
05/01/28	$	12,435,000	$	390,	
11/01/28	$	12,045,000	$	
05/01/29	$	12,045,000	$	410,	
11/01/29	$	11,635,000	$	
05/01/30	$	11,635,000	$	425,	
11/01/30	$	11,210,000	$	
05/01/31	$	11,210,000	$	445,	
11/01/31	$	10,765,000	$	
05/01/32	$	10,765,000	$	465,	
11/01/32	$	10,300,000	$	
05/01/33	$	10,300,000	$	490,	
11/01/33	$	9,810,000	$	
05/01/34	$	9,810,000	$	510,	
11/01/34	$	9,300,000	$	
05/01/35	$	9,300,000	$	535,	
11/01/35	$	8,765,000	$	
05/01/36	$	8,765,000	$	560,	
11/01/36	$	8,205,000	$	
05/01/37	$	8,205,000	$	585,	
11/01/37	$	7,620,000	$	
05/01/38	$	7,620,000	$	615,	
11/01/38	$	7,005,000	$	
05/01/39	$	7,005,000	$	640,	
11/01/39	$	6,365,000	$	
05/01/40	$	6,365,000	$	670,	
11/01/40	$	5,695,000	$	
05/01/41	$	5,695,000	$	705,	
11/01/41	$	4,990,000	$	
05/01/42	$	4,990,000	$	740,	
11/01/42	$	4,250,000	$	
05/01/43	$	4,250,000	$	775,	
11/01/43	$	3,475,000	$	
05/01/44	$	3,475,000	$	810,	
11/01/44	$	2,665,000	$	
05/01/45	$	2,665,000	$	845,	
11/01/45	$	1,820,000	$	
05/01/46	$	1,820,000	$	890,	
11/01/46	$	930,000	$	

$	316,303.13	$	-	
$	308,990.63	$	950,293.75	
$	308,990.63	$	-	
$	301,340.63	$	950,331.25	
$	301,340.63	$	-	
$	293,353.13	$	949,693.75	
$	293,353.13	$	-	
$	284,915.63	$	953,268.75	
$	284,915.63	$	-	
$	276,140.63	$	951,056.25	
$	276,140.63	$	-	
$	266,915.63	$	953,056.25	
$	266,915.63	$	-	
$	257,353.13	$	949,268.75	
$	257,353.13	$	-	
$	247,340.63	$	949,693.75	
$	247,340.63	$	-	
$	236,878.13	$	949,218.75	
$	236,878.13	$	-	
$	225,853.13	$	952,731.25	
$	225,853.13	$	-	
$	214,378.13	$	950,231.25	
$	214,378.13	$	-	
$	202,340.63	$	951,718.75	
$	202,340.63	$	-	
$	189,740.63	$	952,081.25	
$	189,740.63	$	-	
$	176,212.50	$	950,953.13	
$	176,212.50	$	-	
$	161,990.63	$	953,203.13	
$	161,990.63	$	-	
$	147,190.63	$	949,181.25	
$	147,190.63	$	-	
$	131,696.88	$	948,887.50	
$	131,696.88	$	-	
$	115,393.75	$	952,090.63	
$	115,393.75	$	-	
$	98,281.25	$	953,675.00	
$	98,281.25	$	-	
$	80,359.38	$	953,640.63	
$	80,359.38	$	-	
$	61,628.13	$	951,987.50	
$	61,628.13	$	-	
$	42,087.50	$	948,715.63	
$	42,087.50	$	-	
$	21,506.25	$	953,593.75	
$	21,506.25	$	951,506.25	

- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 930,000.00

Total	$13,830,000.00	$8,978,571.88	$21,878,571.88

Community Development District
Proposed Budget
Debt Service Fund - Series 2020

Adopted
Budget	Actual
Thru		Projected
Next	Total
Projected	Proposed
Budget	
 Description				FY 2024			4/30/24	  	5 Months			9/30/24	  FY 2025		

Revenues						
Interest Income	$5,000	$29,539		$21,099	$50,638	$5,000	
Assessments - On Roll (Net)	$32,759	$32,558		$813	$33,370	$32,759	
Assessments - Direct	$957,179	$677,874		$279,304	$957,179	$957,179	
Carryforward Surplus (1)	$392,631	$401,298		$0	$401,298	$448,171	
TOTAL REVENUES	$1,387,569	$1,141,269		$301,216	$1,442,485	$1,443,108	

Expenditures						
Series 2020						
Interest - 11/01	$344,659	$344,659		$0	$344,659	$339,894	
Interest - 05/01	$344,659	$0		$344,659	$344,659	$339,894	
Principal - 05/01	$305,000	$0		$305,000	$305,000	$310,000	
TOTAL EXPENDITURES	$994,319	$344,659		$649,659	$994,319	$989,788	
Other Financing Sources and Uses						
Bond Proceeds	$0	$0		$0	$0	$0	
Other Debt Service Costs	$0	$0		$0	$0	$0	
Interfund Transfer In (2)	$0	$2		$2	$4	$0	
TOTAL OTHER FINANCING SOURCES AND USES	$0	$2		$2	$4	$0	
						
EXCESS REVENUES	$393,250	$796,612		($348,441)	$448,171	$453,321	
				
11/25 Interest	
$335,050	
Unit	No. of	Gross Assessment						
Type	Units	Per Unit Amount	Total					
Duplex 35 FT Lot	238	$975.00	$232,050.00					
Single Family - 50'	739	$1,025.00	$757,475.00					
Single Family - 70'	48	$1,325.00		$63,600.00 					
1025	$1,053,125.00					
Less Discount/Collection Fees		($63,187.50)					
Net Assessment	$989,937.50					

(1) Carry forward surplus is net of the reserve requirement.
(2) Interest income earned in the Construction account is transferred monthly to the Revenue Account.

Live Oak Lake
Community Development District Amortization Schedule
Series 2020, Special Assessment Revenue Bonds

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/51

$	965,000	$

000.00

05/01/24	$	15,695,000	$	305,	
11/01/24	$	15,390,000	$	
05/01/25	$	15,390,000	$	310,	
11/01/25	$	15,080,000	$	
05/01/26	$	15,080,000	$	325,	
11/01/26	$	14,755,000	$	
05/01/27	$	14,755,000	$	335,	
11/01/27	$	14,420,000	$	
05/01/28	$	14,420,000	$	350,	
11/01/28	$	14,070,000	$	
05/01/29	$	14,070,000	$	360,	
11/01/29	$	13,710,000	$	
05/01/30	$	13,710,000	$	375,	
11/01/30	$	13,335,000	$	
05/01/31	$	13,335,000	$	390,	
11/01/31	$	12,945,000	$	
05/01/32	$	12,945,000	$	410,	
11/01/32	$	12,535,000	$	
05/01/33	$	12,535,000	$	430,	
11/01/33	$	12,105,000	$	
05/01/34	$	12,105,000	$	445,	
11/01/34	$	11,660,000	$	
05/01/35	$	11,660,000	$	465,	
11/01/35	$	11,195,000	$	
05/01/36	$	11,195,000	$	490,	
11/01/36	$	10,705,000	$	
05/01/37	$	10,705,000	$	510,	
11/01/37	$	10,195,000	$	
05/01/38	$	10,195,000	$	535,	
11/01/38	$	9,660,000	$	
05/01/39	$	9,660,000	$	555,	
11/01/39	$	9,105,000	$	
05/01/40	$	9,105,000	$	580,	
11/01/40	$	8,525,000	$	
05/01/41	$	8,525,000	$	610,	
11/01/41	$	7,915,000	$	
05/01/42	$	7,915,000	$	640,	
11/01/42	$	7,275,000	$	
05/01/43	$	7,275,000	$	670,	
11/01/43	$	6,605,000	$	
05/01/44	$	6,605,000	$	700,	
11/01/44	$	5,905,000	$	
05/01/45	$	5,905,000	$	730,	
11/01/45	$	5,175,000	$	
05/01/46	$	5,175,000	$	765,	
11/01/46	$	4,410,000	$	
05/01/47	$	4,410,000	$	805,	
11/01/47	$	3,605,000	$	
05/01/48	$	3,605,000	$	840,	
11/01/48	$	2,765,000	$	
05/01/49	$	2,765,000	$	880,	
11/01/49	$	1,885,000	$	
05/01/50	$	1,885,000	$	920,	
11/01/50	$	965,000	$	

$	344,659.38	$	-	
$	339,893.75	$	989,553.13	
$	339,893.75	$	-	
$	335,050.00	$	984,943.75	
$	335,050.00	$	-	
$	328,875.00	$	988,925.00	
$	328,875.00	$	-	
$	322,510.00	$	986,385.00	
$	322,510.00	$	-	
$	315,860.00	$	988,370.00	
$	315,860.00	$	-	
$	309,020.00	$	984,880.00	
$	309,020.00	$	-	
$	301,895.00	$	985,915.00	
$	301,895.00	$	-	
$	293,315.00	$	985,210.00	
$	293,315.00	$	-	
$	284,295.00	$	987,610.00	
$	284,295.00	$	-	
$	274,835.00	$	989,130.00	
$	274,835.00	$	-	
$	265,045.00	$	984,880.00	
$	265,045.00	$	-	
$	254,815.00	$	984,860.00	
$	254,815.00	$	-	
$	244,035.00	$	988,850.00	
$	244,035.00	$	-	
$	232,815.00	$	986,850.00	
$	232,815.00	$	-	
$	221,045.00	$	988,860.00	
$	221,045.00	$	-	
$	208,835.00	$	984,880.00	
$	208,835.00	$	-	
$	196,075.00	$	984,910.00	
$	196,075.00	$	-	
$	182,045.00	$	988,120.00	
$	182,045.00	$	-	
$	167,325.00	$	989,370.00	
$	167,325.00	$	-	
$	151,915.00	$	989,240.00	
$	151,915.00	$	-	
$	135,815.00	$	987,730.00	
$	135,815.00	$	-	
$	119,025.00	$	984,840.00	
$	119,025.00	$	-	
$	101,430.00	$	985,455.00	
$	101,430.00	$	-	
$	82,915.00	$	989,345.00	
$	82,915.00	$	-	
$	63,595.00	$	986,510.00	
$	63,595.00	$	-	
$	43,355.00	$	986,950.00	
$	43,355.00	$	-	
$	22,195.00	$	985,550.00	
$	22,195.00	$	987,195.00	

- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00
- 000.00

Total	$15,695,000.00	$11,940,316.88	$27,635,316.88

- 965,000.00

Page 9

!!"#$%& "

This instrument prepared by and return to:

Lawrence B. Pitt, Esq.
Emerson International, Inc.
283 Cranes Roost Blvd., Suite 250 Altamonte Springs, FL 32701

Cross Reference: OR Book 5843
Page 727, et. seq.

TERMINATION AND RELEASE OF
TEMPORARY CONSTRUCTION AND ACCESS EASEMENT AGREEMENT

This TERMINATION AND RELEASE OF TEMPORARY CONSTRUCTION AND
ACCESS EASEMENT AGREEMENT (hereinafter this "Termination and Release") is made this 13th day of May, 2024, by and between Narcoossee Land Ventures, LLC, a Florida limited liability company, with an address of 283 Cranes Roost Blvd., Suite 250, Altamonte Springs, Florida 32701 ("NLV") and the Live Oak Lake Community Development District, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, whose address is 219 E. Livingston Street, Orlando, Florida 32801 ("CDD") (NLV and CDD together referred to herein as the "Parties").
RECITALS:

WHEREAS, the Parties entered into that certain Temporary Construction and Access Easement Agreement recorded on December 2, 2020, in Official Records Book 5843, Page 727, et. seq. of the public records of Osceola County, Florida (the "Easement Agreement") wherein NLV granted a temporary, non-exclusive easement to the CDD over the “Easement Area” defined therein; and

WHEREAS, pursuant to Section 3 of the Easement Agreement, the Easement Agreement and the Easement (as defined therein) granted therein automatically terminates upon the completion of all Improvements (as defined therein) and the acceptance of such by the CDD’s Board of Supervisors and upon termination of the Easement Agreement NLV, as the Grantor therein, may request, and CDD shall execute a document in recordable form confirming the termination of the Easement Agreement and the Easement granted therein; and
WHEREAS, construction of all of the Improvements contemplated in the Easement Agreement have been completed and accepted by the CDD’s Board of Supervisors; and
WHEREAS, the CDD has agreed to execute this Termination and Release to memorialize the termination of the Easement Agreement and the release of the Easement granted therein.
NOW, THEREFORE, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
Recitals. That the foregoing recitals are true and correct and are incorporated herein by reference as if fully set forth herein.
Release and Termination of Easement Agreement. The Easement Agreement and

the Easement granted therein is hereby terminated and the Easement Area is hereby released from the Easement and any other rights previously granted to the CDD by the Easement Agreement.
Successors and Assigns. The terms and conditions of this Termination and Release shall apply to, bind and inure to the benefit of the successors in interest, successors in title, and assigns of the Parties to this Termination and Release.

Counterparts; Recording. This Termination and Release may be executed in any number of counterparts, all of which together shall constitute a single document. This Termination and Release shall be recorded in the Public Records of Osceola County, Florida, where the original Easement Agreement was recorded.

IN WITNESS WHEREOF, the Parties, by and through the undersigned authorized officers, have executed this Termination and Release on the date set forth above.

Signed, sealed and delivered in the presence of:

Name: 	 Address: 283 Cranes Roost Blvd., Suite 250 Altamonte Springs, FL 32701

Name:	 Address: 283 Cranes Roost Blvd., Suite 250
Altamonte Springs, FL 32701	NARCOOSSEE LAND VENTURES, LLC,
a Florida limited liability company By:	 Name: Lawrence B. Pitt
Its: Vice President and Executive Counsel	

STATE OF FLORIDA COUNTY OF SEMINOLE

I hereby certify that on this day, before me by means of physical presence or online notarization, an officer duly authorized to take acknowledgments, personally appeared Lawrence B. Pitt as Vice President and Executive Counsel of Narcoossee Land Ventures, LLC, a Florida limited liability company, on behalf of the company, who executed the foregoing instrument, acknowledged before me that he executed the same on behalf of the foregoing entity and was identified in the manner indicated below.
Witness my hand and official seal this 	day of May, 2024.

Notary Public
Personally known:	 Produced Identification:	 Type of Identification:	

Signed, sealed and delivered in the presence of:

Name: 	  Address: 	

Name:	  Address: 		LIVE   OAK   LAKE   COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes
By:	 Name: M. Scott Stearns
Its: Chairperson	

STATE OF FLORIDA COUNTY OF 	
I hereby certify that on this day, before me by means of  physical presence or  online notarization, an officer duly authorized to take acknowledgments, personally appeared M. Scott Stearns as Chairperson of Live Oak Lake Community Development District, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, on behalf of the CDD, who executed the foregoing instrument, acknowledged before me that he executed the same on behalf of the foregoing entity and was identified in the manner indicated below.
Witness my hand and official seal this	day of May, 2024.

Notary Public
Personally known:	 Produced Identification:	 Type of Identification:	

!!"#$%& "#

Juniper
DESIGN I BUILD I MAINTAIN

Proposal
Proposal No.: Proposed Date:

264590
03/18/24

PROPERTY:	FOR:

Live Oak Lake CDD - Maintenance	This upgrade invoice is to stagger the spray heads to	
Jarett Wright	get better coverage on plant material.	
Nolte Rd		
St. Cloud , FL		
These are the amount of sprays that need to be staggered on the southside of East/West Nolte Rd. Zone 33= 46 Spray heads
Zone 43= 49 Spray heads
Zone 49= 4 Spray heads
Zone 53= 1 Spray head

ITEM	QTY	UOM	TOTAL	
Lateral Components			$3,053.00	
Tech Labor	40.00	HR		
KF Black IPS Flex Pipe PVC 1/2 in. x 100 ft. (Sold per
ft.)	400.00	EA		
Misc Irrigation Parts	1.00	EA		

Control Components	$500.00
Rain Bird Nozzle 9 ft. Side Strip	100.00	EA

Total:	$3,553.00

Guarantee: Any alteration from these specs involving additional costs will be executed only upon written order and will become an extra charge over and above estimate.
Standard Warranty: Juniper agrees to warranty irrigation, drainage and lighting for 1 year, trees and palms for 6 months, shrubs and ground cover for 3 months, and sod for 30 days. This warranty is subject to and specifically limited by the following:
Warranty is not valid on relocated material, annuals and any existing irrigation, drainage and lighting systems. Warranty in not valid on new plant material or sod installed without automatic irrigation. Warranty does not cover damage from pests or disease encountered on site, act of God, or damaged caused by others. Failure of water or power source not
caused by Juniper will void warranty. The above identified warranty periods commence upon the date of completion of all items included in this proposal. Standard Warranty does not modify or supersede any previously written agreement.
Juniper is not responsible for damage to non-located underground.

Residential Agreement: A deposit or payment in full will be required before any work will begin. Any and all balance will be due upon job completion in full, unless otherwise noted in writing. All work will be performed in a workman like manner in accordance to said proposal. Any additional work added to original proposal will require written approval, may require additional deposits and will be due on completion with any remaining balances owed.
DUE TO THE NATURE OF MATERIAL COST VOLATILITY, WE ARE CURRENTLY HOLDING PRICING FOR THIRTY (30) DAYS FROM PROPOSAL DATE

 ,	"-"'

5/16/2024

		IA,J,n4  S:hJ,yJA ,$		

Signature (Ow/PtHP,mfManager)
 Andrea Stevens, Vice Chair BOS	
Printed Name (Owner/Property Manager)

Date

	
Signature - Representative	Date

Juniper
DESIGN I BUILD I MAINTAIN

Proposal
Proposal No.: Proposed Date:

264579
03/18/24

PROPERTY:	FOR:

Live Oak Lake CDD - Maintenance Jarett Wright
Nolte Rd
St. Cloud , FL

This upgrade invoice is to upgrade 4" rotors to 6"

These rotors are for the Center Island Nolte Rd.

Zone 25= 22 rotors		
Zone 26= 22 rotors		
Zone 28= 21 rotors		
Zone 29= 23 rotors		
Zone 30- 22 Rotors		
Zone 32= 25 rotors		
Zone 85= 15 rotors		
Zone 86= 15 rotors		

ITEM	
QTY	
UOM		
TOTAL	
Lateral Components
Rain Bird 5006 Part-Circle Rotor 6 in. Riser	
165.00	
EA		$7,425.00	
			Total:	$7,425.00	

Guarantee: Any alteration from these specs involving additional costs will be executed only upon written order and will become an extra charge over and above estimate.
Standard Warranty: Juniper agrees to warranty irrigation, drainage and lighting for 1 year, trees and palms for 6 months, shrubs and ground cover for 3 months, and sod for 30 days. This warranty is subject to and specifically limited by the following:
Warranty is not valid on relocated material, annuals and any existing irrigation, drainage and lighting systems. Warranty in not valid on new plant material or sod installed without automatic irrigation. Warranty does not cover damage from pests or disease encountered on site, act of God, or damaged caused by others. Failure of water or power source not
caused by Juniper will void warranty. The above identified warranty periods commence upon the date of completion of all items included in this proposal. Standard Warranty does not modify or supersede any previously written agreement.
Juniper is not responsible for damage to non-located underground.

Residential Agreement: A deposit or payment in full will be required before any work will begin. Any and all balance will be due upon job completion in full, unless otherwise noted in writing. All work will be performed in a workman like manner in accordance to said proposal. Any additional work added to original proposal will require written approval, may require additional deposits and will be due on completion with any remaining balances owed.

f!:Z::

DUE TO THE NATURE OF MATERIAL COST VOLATILITY, WE ARE CURRENTLY HOLDING PRICING FOR THIRTY (30) DAYS FROM PROPOSAL DATE
5/1612024
Signature (Or1f>l'(j Manager)	Date
 Andrea Stevens. Vice Chair BOS	
Printed Name (Owner/Property Manager)

Signature - Representative	Date

Juniper
DESIGN I BUILD I MAINTAIN

Proposal
Proposal No.: Proposed Date:

264584
03/18/24

PROPERTY:	FOR:
live Oak Lake CDD - Maintenance	This is an Upgrade invoice to change 4" rotors to 6"	
Jarett Wright	rotors	
Nolte Rd		
St. Cloud , FL		

These rotors are for the South side of East /West Nolte Rd.

Zone 35= 30 rotors		
Zone 39= 30 rotors		
Zone 42= 27 rotors
Zone 46= 28 rotors		
Zone 51= 25 rotors		
Zone 54 = 26 rotors		
ITEM	QTY	UOM 		TOTAL	
Lateral Components				$7,470.00	
Rain Bird 5006 Part-Circle Rotor 6 in. Riser	166.00	EA			
			Total:	$7,470.00	

Guarantee: Any alteration from these specs involving additional costs will be executed only upon written order and will become an extra charge over and above estimate.
Standard Warranty: Juniper agrees to warranty irrigation, drainage and lighting for 1 year, trees and palms for 6 months, shrubs and ground cover for 3 months, and sod for 30 days. This warranty is subject to and specifically limited by the following:
Warranty is not valid on relocated material, annuals and any existing irrigation, drainage and lighting systems. Warranty in not valid on new plant material or sod installed without automatic irrigation. Warranty does not cover damage from pests or disease encountered on site, act of God, or damaged caused by others. Failure of water or power source not
caused by Juniper will void warranty. The above identified warranty periods commence upon the date of completion of all items included in this proposal. Standard Warranty does not modify or supersede any previously written agreement.
Juniper is not responsible for damage to non-located underground.

Residential Agreement: A deposit or payment in full will be required before any work will begin. Any and all balance will be due upon job completion in full, unless otherwise noted in writing. All work will be performed in a workman like manner in accordance to said proposal. Any additional work added to original proposal will require written approval, may require additional deposits and will be due on completion with any remaining balances owed.
DUE TO THE NATURE OF MATERIAL COST VOLATILITY, WE ARE CURRENTLY HOLDING PRICING FOR THIRTY (30) DAYS FROM PROPOSAL DATE

Jn. $"b 

 -"'"" "
		A 	!At Id 
Signature (Or	Manager)
Andrea Stevens. Vice Chair BOS
Printed Name (Owner/Property Manager)

5/16/2024

Date

	
Signature - Representative	Date

!!"#$%& "##

!!"#$%& "

!!"#$%& "

Authorization for Additional Services

Sent Via Email: tadams@gmscfl.com		
To:	Live Oak Lake CDD	Date:	May 10, 2024	
c/o Governmental Management Services	Job No.:	50156581	
219 E. Livingston Street	Task Nos.:	502	
Orlando, Florida 32801	Project:	Live Oak Lake CDD	
Attn:	Tricia Adams	Task Name: Twin Lakes Phase 7B	
	Sketch and Legal Description	

We hereby propose to do the following work:

Task 502 Sketch and Legal Description – Twin Lakes Phase 7B Rights-of-Way: We will prepare a sketch and legal description of the rights-of-way of all roads within the Twin Lakes Phase 7B plat. This will include a metes and bounds legal description, surveyor’s sketch, area computation and site location map. The sketch will be prepared in accordance with the Standards of Practice set forth in Chapter 5J17-052 of the Florida Administrative Code.	

Fees for the above will be billed as follows:  Fixed fee of $1,600, plus other direct costs.	

This authorization is bound by the general terms and conditions of the original agreement. DEWBERRY ENGINEERS INC.	Approved and Accepted

By:			By:	 		
Nicole P. Stalder, P.E., LEED-AP		Authorized Representative of	
Vice President		Live Oak Lake	
Business Unit Manager, Site/Civil Services		Community Development District	
Date:  May 10, 2024		Date: 	

Page 1 of 1

!!"#$%& "

!!"#$%& "

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT

Check Run Summary

GENERAL FUND	June 5, 2024		
Date	Check Numbers	Amount	

04/12/24	
513-515	
$6,068.53	
05/08/24	516-523	$82,949.79	
05/28/24	524-526	$4,808.18	
Total		$93,826.50	

Page 12

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/28/24	PAGE	13
*** CHECK NOS. 000513-050000	LIVE OAK LAKES-GENERAL FUND BANK B LOL-GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/12/24 00035	3/13/24 02232634 202403 320-53800-43000	*	54.09
SERVICE THRU 03/12/2024
ORLANDO UTILITIES COMMISSION	54.09 000513
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/12/24 00037	3/20/24 62619-03 202403 320-53800-43100	*	3,849.71
SERVICE THRU 03/13/2024
TOHO WATER AUTHORITY	3,849.71 000514
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/12/24 00037	3/20/24 62746-03 202403 320-53800-43100	*	2,164.73
SERVICE THRU 03/13/2024
TOHO WATER AUTHORITY	2,164.73 000515
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00006	4/26/24 22405860 202403 310-51300-31100	*	1,037.50
SVCS THRU 02/24-03/31/24
DEWBERRY ENGINEERS INC.	1,037.50 000516
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00010	4/09/24 84647010 202404 310-51300-42000	*	87.72
DELIVERY THRU 04/01/24
FEDEX	87.72 000517

5/08/24 00001	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	
	4/01/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
90	202404 310-51300-34000	*	3,215.67
MGMT FEE 04/24
90	202404 310-51300-31300	*	416.67
DISSEMINATION AGENT SVCS
90	202404 310-51300-51000	*	.24
OFFICE SUPPLIES 04/24
90	202404 310-51300-42000	*	13.19
POSTAGE 04/24
91	202404 320-53800-34000	*	1,312.50
FIELD MGMT 04/24
91	202404 310-51300-48000	*	583.19
AMERICAN EXPRESS 03/2/24
GMS-CENTRAL FLORIDA, LLC	5,541.46 000518
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00024	4/01/24 258937	202404 320-53800-46200	*	22,585.75
MAINT 04/24
5/01/24 262495	202405 320-53800-46200	*	22,585.75
MAINT 05/24
JUNIPER LANDSCAPING OF FLORIDA, LLC	45,171.50 000519
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00033	4/30/24 3382829	202403 310-51300-31500	*	975.50
SVCS 03/24
4/30/24 3382830	202403 310-51300-31500	*	3,001.50
SVCS 03/24
KUTAK ROCK LLP	3,977.00 000520
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
LOKS LIVE OAK LAKES SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/28/24	PAGE	14
*** CHECK NOS. 000513-050000	LIVE OAK LAKES-GENERAL FUND BANK B LOL-GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/08/24 00039	5/08/24 052024	202405 300-20700-10000	*	731.64
TXFER TAX RECEIPTS
LIVE OAK LAKE CDD	731.64 000521
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00004	5/08/24 052024	202405 300-20700-10000	*	21,307.38
TXFER TAX RECEIPTS
LIVE OAK LAKE CDD	21,307.38 000522
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

320-53800-46810	*	832.00	
320-53800-46800	*	1,474.00	

5/08/24 00032	5/01/24 PS106940 202405 320-53800-46800	*	2,789.59 MAINT 05/24
5/01/24 PS106980 202405
MAINT 05/24 5/02/24 PS107265 202405

	SOLITUDE LAKE MANAGEMENT													5,095.59	000523	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/28/24 00035	4/11/24 02232634	202404 320-53800-43000						*						52.48			
	SERVICE	THRU 04/11/2024															
		ORLANDO UTILITIES COMMISSION													52.48	000524	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/28/24 00037	4/24/24 62619-04	202404 320-53800-43100						*						3,197.03			
	SERVICE	THRU 04/10/2024															
		TOHO WATER AUTHORITY													3,197.03	000525	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/28/24 00037	4/24/24 62746-04	202404 320-53800-43100						*						1,558.67			
	SERVICE	THRU 04/10/2024															
		TOHO WATER AUTHORITY													1,558.67	000526	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	

MAINT 05/24

TOTAL FOR BANK B	93,826.50
TOTAL FOR REGISTER	93,826.50

LOKS LIVE OAK LAKES SHENNING

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ASSESSMENTS - TAX COLLECTOR

$339,102.80	$1,014,925.00	$34,850.00	$1,388,877.80
FY 2024	FY 2024	FY 2024	TOTAL
.36300.10000	.36300.10000	.36300.10000

		24.42%	73.08%	2.51%	100.00%	
DATE	DESCRIPTION	GROSS AMOUNT	DISCOUNTS/PENALTIES	COMMISSIONS		INTEREST	NET RECEIPTS		O&M Portion	16 DSF Portion	20 DSF Portion	Total	

11/10/23	INSTALLMENTS	
$10,050.53	
$517.15	
$190.67		
$0.00	
$9,342.71		
$2,281.08	
$6,827.20	
$234.43	
$9,342.71	
11/24/23	CURRENT DISTRIBUTION	$191,722.35	$7,668.73	$3,681.07		$0.00	$180,372.55		$44,039.03	$131,807.57	$4,525.94	$180,372.55	
12/08/23	CURRENT DISTRIBUTION	$891,942.35	$35,677.07	$17,125.31		$0.00	$839,139.97		$204,881.03	$613,203.07	$21,055.87	$839,139.97	
12/21/23	CURRENT DISTRIBUTION	$203,499.35	$8,061.71	$3,908.74		$0.00	$191,528.90		$46,762.92	$139,960.10	$4,805.88	$191,528.90	
01/10/24	INSTALLMENTS	$5,957.21	$178.71	$115.58		$0.00	$5,662.92		$1,382.64	$4,138.19	$142.10	$5,662.92	
01/10/24	CURRENT DISTRIBUTION	$31,718.00	$951.59	$615.33		$0.00	$30,151.08		$7,361.57	$22,032.96	$756.56	$30,151.08	
01/31/24	INTEREST	$0.00	$0.00	$0.00		$1,325.75	$1,325.75		$323.69	$968.79	$33.27	$1,325.75	
02/07/24	CURRENT DISTRIBUTION	$11,309.40	$252.24	$221.14		$0.00	$10,836.02		$2,645.68	$7,918.44	$271.90	$10,836.02	
02/08/24	INSTALLMENTS	$430.89	$12.93	$8.36		$0.00	$409.60		$100.01	$299.32	$10.28	$409.60	
03/08/24	CURRENT DISTRIBUTION	$9,199.65	$133.45	$181.32		$0.00	$8,884.88		$2,169.30	$6,492.64	$222.94	$8,884.88	
04/08/24	CURRENT DISTRIBUTION	$13,786.75	$0.00	$275.74		$0.00	$13,511.01		$3,298.79	$9,873.20	$339.02	$13,511.01	
04/08/24	INSTALLMENTS	$6,388.02	$0.00	$127.76		$0.00	$6,260.26		$1,528.48	$4,574.70	$157.08	$6,260.26	
04/19/24	INTEREST	$0.00	$0.00	$0.00		$92.41	$92.41		$22.56	$67.53	$2.32	$92.41	
TOTAL	$1,376,004.50	$53,453.58	$26,451.02		$1,418.16	$1,297,518.06		$316,796.77	$948,163.70	$32,557.58	$1,297,518.06	

											GROSS	
											99.07%	
					$132,121.97	$1,018,275.00		$1,150,396.97				
ASSESSMENTS-DIRECT					FY 2024	FY2024		TOTAL				
					.36300.10100	.36300.10100						
					11.48%	88.52%						
DUE DATE	DATE	BILLED AMOUNT	AMOUNT RECEIVED	NET RECEIPTS		O&M	DSF Portion		Total				

10/15/23	10/11/23	
$29,123.38	
$29,123.38	
$29,123.38		
$29,123.38	
$0.00		
$29,123.38				
10/15/23	11/6/23	$13,102.80	$13,102.80	$13,102.80		$13,102.80	$0.00		$13,102.80				
1/1/24	12/27/23	$28,266.81	$28,266.81	$28,266.81		$28,266.81	$0.00		$28,266.81				
1/1/24	11/6/23	$12,717.42	$12,717.42	$12,717.42		$12,717.42	$0.00		$12,717.42				
3/1/24	2/23/24	$28,266.81	$28,266.81	$28,266.81		$28,266.81	$0.00		$28,266.81				
3/1/24	11/6/23	$12,717.42	$12,717.42	$12,717.42		$12,717.42	$0.00		$12,717.42				
4/1/24	3/19/24	$567,071.92	$567,071.92	$567,071.92		$0.00	$567,071.92		$567,071.92				
4/1/24	11/6/23	$74,237.68	$74,237.68	$74,237.68		$0.00	$74,237.68		$74,237.68				
10/1/24	$279,304.08		$0.00		$0.00	$0.00		$0.00				
10/1/24	11/6/23	$36,564.83	$36,564.83	$36,564.83		$0.00	$36,564.83		$36,564.83				
TOTAL	$1,081,373.15	$802,069.07	$802,069.07		$124,194.64	$677,874.43		$802,069.07				

ASSESSMENTS COMBINED												
GROSS AMOUNT ASSESSED	TAX COLLECTOR RECEIVED	DIRECT RECEIVED	
TOTAL COLLECTED		NET PERCENTAGE COLLECTED							
O & M	$471,224.77	$316,796.77	$124,194.64	$440,991.41		93.58%							
DEBT SERVICE	$2,068,050.00	$948,163.70	$677,874.43	$1,626,038.13		78.63%							
TOTAL	$2,539,274.77	$1,264,960.48	$802,069.07	$2,067,029.55									

Page 15

!!"#$%& "

Live Oak Lake
Community Development District

Unaudited Financial Reporting
April 30, 2024

	Table of Contents	

1

2-3

4

5

6

7

8

9-10

11

12-14

	Balance Sheet

	General Fund

	Impact Fee Fund

	Debt Service Fund Series 2016

	Debt Service Fund Series 2020

	Capital Projects Fund Series 2016

	Capital Projects Fund Series 2020

	Month to Month

	Long Term Debt Report

	Check Run Summary

15		Assessment Receipt Schedule

Live Oak Lake
Community Development District Combined Balance Sheet
April 30, 2024

General
Fund

Impact Fee
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	421,350	

$	104,541	

$	

-	

$	

-	

$	525,892	
Due from Impact Fee Fund	$	27,365	$	-	$	-	$	-	$	27,365	
Due from General Fund	$	-	$	-	$	32,207	$	-	$	32,207	
Deposits	$	480	$	-	$	-	$	-	$	480	
Bank United	$	17,669	$	-	$	-	$	-	$	17,669	
Series 2016 Reserve	
$	
-	$	
-	$	955,025	$	-	$	955,025	
Revenue	$	-	$	-	$	1,078,103	$	-	$	1,078,103	
Construction Series 2020
Reserve	$

$	$

$	-	$	-	$	270	$	270

-	$	989,553	$	-	$	989,553	
Revenue	$	-	$	-	$	795,881	$	-	$	795,881	
Construction	$	-	$	-	$	-	$	89	$	89	
Total Assets	$	466,865	$	104,541	$	3,850,769	$	358	$	4,422,533	
Liabilities:
Accounts Payable	

$	43,043	$	-	$	-	

$	

-	$	43,043	
Due to Debt Service	$	32,207	$	-	$	-	$	-	$	32,207	
Due to General Fund	$	-	$	27,365	$	-	$	-	$	27,365	
Total Liabilites	$	75,251	$	27,365	$	-	$	-	$	102,616	
Fund Balance:
Nonspendable: Prepaid Items	

$	480	$	-	$	-	

$	

-	$	480	
Restricted for:
Impact Fee	
$	-	$	77,176	$	-	
$	
-	$	77,176	
Debt Service - Series 2016	$	-	$	-	$	2,064,603	$	-	$	2,064,603	
Debt Service - Series 2020	$	-	$	-	$	1,786,166	$	-	$	1,786,166	
Capital Projects - Series 2016	$	-	$	-	$	-	$	270	$	270	
Capital Projects - Series 2020	$	-	$	-	$	-	$	89	$	89	
Unassigned	$	391,134	$	-	$	-	$	-	$	391,134	
Total Fund Balances	$	391,614	$	77,176	$	3,850,769	$	358	$	4,319,918	
						
Total Liabilities & Fund Balance	$	466,865	$	104,541	$	3,850,769	$	358	$	4,422,533	

Investments:

Page 1

Revenues:		
Assessments - Tax Collector (Net)	$	318,757	$	318,757	$	316,797	$	(1,960)	
Assessments - Off Roll (Unplatted)	$	124,193	$	124,195	$	124,195	$	-	
Developer Deficit Funding	$	258,041	$	150,524	$	-	$	(150,524)	
Interest Income	$	-	$	-	$	475	$	475	
Total Revenues	$	700,990	$	593,475	$	441,467	$	(152,009)	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	9,600	$	5,600	$	600	$	5,000	
FICA Expense	$	734	$	428	$	46	$	383	
Engineering	$	15,000	$	8,750	$	3,660	$	5,090	
Dissemination	$	5,000	$	2,917	$	3,017	$	(100)	
Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	
Property Appraiser	$	600	$	350	$	-	$	350	
Arbitrage	$	1,150	$	671	$	500	$	171	
Attorney	$	30,000	$	17,500	$	8,564	$	8,937	
Annual Audit	$	5,100	$	5,100	$	5,100	$	-	
Trustee Fees	$	8,100	$	8,100	$	8,081	$	19	
Management Fees	$	38,588	$	22,509	$	22,510	$	(0)	
Postage & Delivery	$	1,450	$	846	$	780	$	66	
Copies	$	250	$	146	$	33	$	113	
Insurance	$	6,426	$	6,426	$	6,076	$	350	
Legal Advertising	$	2,500	$	1,458	$	583	$	875	
Other Current Charges	$	350	$	204	$	-	$	204	
Office Supplies	$	100	$	58	$	2	$	56	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Website Hosting/Compliance	$	1,553	$	776	$	776	$	-	
Total General & Administrative	$	131,676	$	87,015	$	65,503	$	21,512	

Operations & Maintenance		
Field Expenditures
Field Management	
$	15,750	
$	9,188	
$	9,188	
$	-	
Property Insurance	$	5,000	$	5,000	$	3,879	$	1,121	
Aquatic Control	$	40,584	$	23,674	$	29,738	$	(6,064)	
Mitigation Maintenance	$	7,100	$	4,142	$	1,695	$	2,447	
Midge Management	$	25,000	$	14,583	$	8,132	$	6,451	
Contingency	$	15,000	$	8,750	$	-	$	8,750	
Landscape Maintenance	$	286,000	$	166,833	$	158,100	$	8,733	
Landscaping Replacements	$	50,000	$	29,167	$	-	$	29,167	
Pond Fountain Maintenance	$	15,000	$	8,750	$	1,919	$	6,831	
Irrigation Consultant Services	$	6,000	$	3,500	$	3,500	$	-	
Irrigation Repairs	$	15,000	$	8,750	$	3,456	$	5,294	
General Repairs and Maintenance	$	15,000	$	8,750	$	3,604	$	5,146	
Electricity-Street Lights	$	43,694	$	25,488	$	373	$	25,115	
Water-Irrigation	$	64,182	$	37,439	$	24,423	$	13,016	
Capital Reserve	$	18,250	$	10,646	$	-	$	10,646	
Subtotal Field Expenditures	$	621,560	$	364,660	$	248,007	$	116,653	
					
Total Operations & Maintenance	$	621,560	$	364,660	$	248,007	$	116,653	
					
Total Expenditures	$	753,236	$	451,675	$	313,510	$	138,166	
					
Excess (Deficiency) of Revenues over Expenditures	$	(52,245)		$	127,957		
					
Net Change in Fund Balance	$	(52,245)		$	127,957		
					
Fund Balance - Beginning	$	52,245		$	263,657		
					
Fund Balance - Ending	$	0		$	391,614		

Revenues:		
Impact Fees	$	-	$	-	$	74,928	$	74,928	
Interest	$	-	$	-	$	-	$	-	
Total Revenues	$	-	$	-	$	74,928	$	74,928	
Expenditures:			
Stormwater	$	-	$	-	$	79,304	$	(79,304)	
Total Expenditures	$	-	$	-	$	79,304	$	(79,304)	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(4,376)		
			
Net Change in Fund Balance	$	-	$	(4,376)		
			
Fund Balance - Beginning	$	-	$	81,552		
			
Fund Balance - Ending	$	-	$	77,176		

Revenues:		
Assessments - Tax Roll	$	954,993	$	954,993	$	948,164	$	(6,829)	
Interest	$	5,000	$	2,917	$	39,340	$	36,424	
Total Revenues	$	959,993	$	957,910	$	987,504	$	29,594	
Expenditures:					
Interest - 11/1	$	316,763	$	316,763	$	316,763	$	-	
Special Call - 11/1	$	15,000	$	15,000	$	20,000	$	(5,000)	
Principal - 5/1	$	325,000	$	-	$	-	$	-	
Interest - 5/1	$	316,763	$	-	$	-	$	-	
Total Expenditures	$	973,525	$	331,763	$	336,763	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	(13,532)		$	650,742		
					
Net Change in Fund Balance	$	(13,532)		$	650,742		
					
Fund Balance - Beginning	$	439,975		$ 1,413,862		
					
Fund Balance - Ending	$	426,443		$ 2,064,603		

	Adopted	Prorated Budge	Actual		
	Budget	Thru 04/30/24	Thru 04/30/24	Variance	
Revenues:									
Assessments - Tax Roll	$	32,759	$	32,759	$	32,558	$	(201)	
Assessments - Direct	$	957,179	$	677,874	$	677,874	$	-	
Interest	$	5,000	$	2,917	$	29,539	$	26,622	
Total Revenues	$	994,938	$	713,550	$	739,971	$	26,421	

Expenditures:
Interest - 11/1 Principal - 5/1 Interest - 5/1

$	344,659
$	305,000
$	344,659

$	344,659
$	-
$	-

$	344,659	$
$	-	$
$	-	$

(0)
-
-

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

$

-

$

-

$

3

$

3

Fund Balance - Ending	$	393,250	$ 1,786,166

Fund Balance - Beginning	$	392,631	$ 1,390,852

Net Change in Fund Balance	$	619	$	395,314

Total Other Financing Sources/(Uses)	$	-	$	-	$	3	$	3

Excess (Deficiency) of Revenues over Expendit $	619	$	395,312

Total Expenditures	$	994,319	$	344,659	$	344,659	$	(0)

Variance

Thru 04/30/24	Thru 04/30/24

Budget

Actual

Prorated Budget

Adopted

Revenues
Interest

$	-	$

-	$	7	$	7

Total Revenues	$	-	$	-	$	7	$	7

Expenditures:
Capital Outlay

$	-	$	-	$	-	$	-

Fund Balance - Ending	$	-	$	270

Fund Balance - Beginning	$	-	$	263

Net Change in Fund Balance	$	-	$	7

Excess (Deficiency) of Revenues over Expenditures	$	-	$	7

Total Expenditures	$	-	$	-	$	-	$	-

Variance

Thru 04/30/24	Thru 04/30/24

Budget

Actual

Prorated Budget

Adopted

Revenues
Interest

$	-	$

-	$	2	$	2

Total Revenues	$	-	$	-	$	2	$	2

Expenditures:
Capital Outlay

$	-	$	-	$	-	$	-

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

$

-

$

-

$

(3)

$

(3)

Fund Balance - Ending	$	-	$	89

Fund Balance - Beginning	$	-	$	89

Net Change in Fund Balance	$	-	$	(0)

Total Other Financing Sources (Uses)	$	-	$	-	$	(3)	$	(3)

Excess (Deficiency) of Revenues over Expenditures	$	-	$	2

Total Expenditures	$	-	$	-	$	-	$	-

	Oct-23	Nov-23	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24	Jul-24	Aug-24	Sep-24	Total	
Revenues:														
Assessments - Tax Collector (Net)	$	-	$	46,320	$  251,644	$	9,068	$	2,746	$	2,169	$	4,850	$	-	$	-	$	-	$	-	$	-	$  316,797	
Assessments - Off Roll (Unplatted)	$	29,123	$	-	$	66,804	$	-	$	28,267	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  124,195	
Developer Deficit Funding	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Interest Income	$	39	$	71	$	74	$	74	$	70	$	75	$	73	$	-	$	-	$	-	$	-	$	-	$	475	
Total Revenues	$	29,162	$	46,391	$  318,522	$	9,142	$	31,082	$	2,244	$	4,922	$	-  $	-  $	-  $	-  $	-  $  441,467	
Expenditures:									
General & Administrative:									
Supervisor Fees	$	-	$	-	$	-	$	-	$	600	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	600	
FICA Expense	$	-	$	-	$	-	$	-	$	46	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	46	
Engineering	$	-	$	-	$	63	$	368	$	2,193	$	1,038	$	-	$	-  $	-  $	-  $	-  $	-  $	3,660	
Dissemination	$	517	$	417	$	417	$	417	$	417	$	417	$	417	$	-  $	-  $	-  $	-  $	-  $	3,017	
Assessment Roll	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,000	
Property Appraiser	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	500	$	-	$	-  $	-  $	-  $	-  $	-  $	500	
Attorney	$	870	$	-	$	673	$	1,291	$	1,754	$	3,977	$	-	$	-  $	-  $	-  $	-  $	-  $	8,564	
Annual Audit	$	-	$	-	$	-	$	-	$	3,000	$	2,100	$	-	$	-  $	-  $	-  $	-  $	-  $	5,100	
Trustee Fees	$	4,041	$	4,041	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	8,081	
Management Fees	$	3,216	$	3,216	$	3,216	$	3,216	$	3,216	$	3,216	$	3,216	$	-  $	-  $	-  $	-  $	-  $	22,510	
Postage & Delivery	$	82	$	58	$	217	$	159	$	56	$	106	$	101	$	-  $	-  $	-  $	-  $	-  $	780	
Copies	$	-	$	-	$	-	$	-	$	-	$	33	$	-	$	-  $	-  $	-  $	-  $	-  $	33	
Insurance	$	6,076	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	6,076	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	-	$	583	$	-  $	-  $	-  $	-  $	-  $	583	
Other Current Charges	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	0	$	1	$	0	$	0	$	0	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	2	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	175	
Website Hosting/Compliance	$	388	$	-	$	-	$	388	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	776	
Total Administrative	$	20,365	$	7,732	$	4,585	$	5,837	$	11,281	$	11,387	$	4,317	$	-  $	-  $	-  $	-  $	-  $	65,503	

Oct-23	Nov-23	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	May-24	Jun-24	Jul-24	Aug-24	Sep-24	Total

Operations & Maintenance
Field Expenditures Field Management Property Insurance Aquatic Control Mitigation Maintenance Midge Management Contingency
Landscape Maintenance Landscaping Replacements Pond Fountain Maintenance Irrigation Consultant Services Irrigation Repairs
General Repairs and Maintenance Electricity-Street Lights
Water-Irrigation Capital Reserve

$	1,313  $
$	3,879  $
$	4,156  $
$	1,695  $
$	2,033  $
$	-  $
$	22,586  $
$	-  $
$	-  $
$	500  $
$	-  $
$	1,951  $
$	54  $
$	3,826  $
$	-  $

1,313  $
-  $
4,264  $
-  $
2,033  $
-  $
22,586  $
-  $
832  $
500  $
-  $
-  $
55  $
3,750  $
-  $

1,313  $
-  $
4,264  $
-  $
2,033  $
-  $
22,586  $
-  $
-  $
500  $
-  $
-  $
53  $
1,288  $
-  $

1,313  $
-  $
4,264  $
-  $
2,033  $
-  $
22,586  $
-  $
-  $
500  $
-  $
-  $
52  $
1,169  $
-  $

1,313  $
-  $
4,264  $
-  $
-  $
-  $
22,586  $
-  $
1,087  $
500  $
3,456  $
285  $
52  $
3,620  $
-  $

1,313  $
-  $
4,264  $
-  $
-  $
-  $
22,586  $
-  $
-  $
500  $
-  $
-  $
54  $
6,014  $
-  $

1,313  $	-  $
-  $	-  $
4,264  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
22,586  $	-  $
-  $	-  $
-  $	-  $
500  $	-  $
-  $	-  $
1,368  $	-  $
52  $	-  $
4,756  $	-  $
-  $	-  $

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

-  $	9,188
-  $	3,879
-  $	29,738
-  $	1,695
-  $	8,132
-  $	-
-  $  158,100
-  $	-
-  $	1,919
-  $	3,500
-  $	3,456
-  $	3,604
-  $	373
-  $	24,423
-  $	-
$	-

Excess (Deficiency) of Revenues over Expenditures	$  (33,195) $	3,328  $  281,902  $  (28,612) $  (17,361) $  (43,873) $  (34,232) $	-  $	-  $	-  $	-  $	-  $  127,957

Total Expenditures	$	62,358  $	43,063  $	36,620  $	37,753  $	48,443  $	46,117  $	39,154  $	-  $	-  $	-  $	-  $	-  $  313,510

Total Field	$	41,993  $	35,332  $	32,036  $	31,916  $	37,162  $	34,730  $	34,838  $	-  $	-  $	-  $	-  $	-  $  248,007

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2024

Series 2016, Capital Improvement Revenue Bonds	

Interest Rate:	
4.50%		
Maturity Date:	5/1/36	$5,630,000.00	
Interest Rate:	4.625%		
Maturity Date:	5/1/47	$8,220,000.00	

Excess Revenues:	
Remain In Revenue Fund		
Reserve Fund Definition:	Maximum Annual Debt Assessments		
Reserve Fund Requirement:	$955,025.00		
Reserve Fund Balance:	$955,025.00		
Bonds outstanding - 9/30/2023		$13,850,000.00	
Less:	May 1, 2024 (Mandatory)	$0.00	
Less:	November 1, 2023 (Special Call)	($20,000.00)	
Current Bonds Outstanding		$13,830,000.00	
	
Series 2020, Capital Improvement Revenue Bonds	

Interest Rate:	
3.125%		
Maturity Date:	5/1/25	$615,000.00	
Interest Rate:	3.800%		
Maturity Date:	5/1/30	$1,745,000.00	
Interest Rate:	4.400%		
Maturity Date:	5/1/40	$4,810,000.00	
Interest Rate:	4.600%		
Maturity Date:	5/1/51	$8,525,000.00	

Excess Revenues:	
Remain In Revenue Fund		
Reserve Fund Definition:	Maximum Annual Debt Assessments		
Reserve Fund Requirement:	$989,553.13		
Reserve Fund Balance:	$989,553.13		

Bonds outstanding - 9/30/2023		
$15,695,000.00	
Less:	May 1, 2024 (Mandatory)	$0.00	
Current Bonds Outstanding		$15,695,000.00	

Total Current Bonds Outstanding	$29,525,000.00

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