RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MAY 18, 2020
6:30 P.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193

www.riversideparkcdd.org 786.347.2711 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT TO JOIN BY URL FOR VIDEO ACCESS AT:
https://us02web.zoom.us/j/88213308030 MEETING ID: 882 1330 8030
OR TO JOIN BY PHONE FOR TELEPHONIC ACCESS AT: DIAL: 1-888-204-5984; PASSCODE: 2799168
REGULAR BOARD MEETING
May 18, 2020
6:30 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
November 18, 2019 Regular Board Meeting…	Page 3
Old Business
New Business
Consider Resolution No. 2020-01 – Adopting a Fiscal Year 2020/2021 Proposed Budget…	Page 6
Administrative Matters
Financial Update…	Page 13
Discussion Regarding the General Election and Candidate Qualifying Period – Noon, Monday, June 8, 2020, through Noon, Friday, June 12, 2020
Reminder of Statement of Financial Interests Disclosure 2019 Form 1, Filing Deadline: July 1, 2020
Board Members/Staff: Additional Comments/Requests
Adjourn

Miami Daily Business Review
May 11, 2020
Miscellaneous Notices

NOTICE OF THE RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS' REGULAR BOARD MEETING

NOTICE IS HEREBY GIVEN that the Riverside Park Community Development District (the "District") will hold a regular meeting (the "Meeting") of its Board of Supervisors (the "Board") on May 18, 2020, at 6:30 p.m. to be conducted by telephonic and video conferencing communications media technology pursuant to Executive Orders 20-52, 20-69, and 20-112 issued by Governor DeSantis on March 9, 2020, March 20, 2020, and April 29, 2020, respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. The Meeting is being held for the necessary public purpose of considering the Fiscal Year 2020/2021 Proposed Budget and agenda items related to the District. At such time the Board is so authorized and may consider any business that may properly come before it.

While it is necessary to hold the Meeting utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. Participants may attend the Meeting by accessing the District's website, www.riversideparkcdd.org and clicking on the meeting link you will find on the homepage, or utilizing the following login information:

Join by URL for VIDEO ACCESS at:

https://us02web.zoom.us/j/88213308030

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A copy of the agenda for the Meeting may be obtained at the offices of the District Manager, c/o Special District Services, Inc., at (561) 630-4922 or gperez@sdsinc.org (the "District Manager's Office") during normal business hours. The Meeting is open to the public and will be conducted in accordance with the provisions of Florida law for

special districts. The Meeting may be continued to a date, time, and place to be specified on the record at the Meeting.

Any person requiring special accommodations in order to access and participate in the Meeting because of a disability or physical impairment should contact the District Manager's Office at least forty-eight (48) hours prior to the Meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800- 955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Manager's Office.

As indicated above, this Meeting will be conducted by media communications technology. Anyone requiring assistance in order to obtain access to the telephonic, video conferencing, or other communications media technology being utilized to conduct this Meeting should contact the District Manager's Office at least forty-eight (48) hours prior to the Meeting. Similarly, any person requiring or that otherwise may need assistance accessing or participating in this Meeting because of a disability or physical impairment is strongly encouraged to contact the District Manager's Office at least forty- eight (48) hours in advance so that arrangements may be made.

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

District Manager
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT

www.riversideparkcdd.org 5/11 20-11/0000469480M

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 18, 2019

CALL TO ORDER

The November 18, 2019, Regular Board Meeting of the Riverside Park Community Development District was called to order at 6:39 p.m. a meeting room of Mercedes Benz of Cutler Bay located at 10701 SW 211th Street, Cutler Bay, Florida 33189.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on November 8, 2019, as part of the District’s Fiscal Year 2019/2020 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of Chairperson Lorraine Torres, Vice Chairman Lariel Torres and Supervisors Ingrid Ojeda and Daniel Alvarez constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance included: District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Dennis Lyles of Billing, Cochran, Lyles, Mauro & Ramsey, P.A. (via telephone).

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
May 20, 2019, Public Hearing & Regular Board Meeting
The minutes of the May 20, 2019, Public Hearing & Regular Board Meeting were presented for approval.

A MOTION was made by Supervisor Alvarez, seconded by Chairperson Lorraine Torres and unanimously passed approving the minutes of May 20, 2019, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2019-04 – Adopting a Fiscal Year 2018/2019 Amended Budget

Mrs. Perez presented Resolution No. 2019-04, entitled:

RESOLUTION NO. 2019-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2018/2019 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER
189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez explained, as is done every year for administrative and statutory requirements, within 60 days of any given fiscal year end, the Board adopts a revised/amended budget for said year. The fiscal year ended on September 30, 2019. This is the reason it is administrative in nature (past year’s budget for past year’s expenses) and will serve as the Board’s final approval/ratification of the District’s expenditures for the past fiscal year.

A MOTION was made by Supervisor Ojeda seconded by Chairperson Lorraine Torres and unanimously passed to adopt Resolution No. 2019-04, Adopting/Approving the Amended Fiscal Year 2018-2019 Budget, as presented.

Consider Pressure Clearing and Painting of Columns and Monuments, as Needed

A MOTION was made by Supervisor Ojeda, seconded by Supervisor Alvarez and passed unanimously to approving Estimate No. 765 from The Pressure Cleaning Man dated May 29, 2019, in the amount of
$2,140 for the pressure cleaning and painting of columns and monuments, as specified.

ADMINISTRATIVE MATTERS
Financial Risk Management Policy Review

Mrs. Perez informed the Board that as the District’s Manager, Special District Services, Inc., in compliance with annual audit review practices, takes certain measures and implements procedures to identify and mitigate financial mismanagement/fraud risks, and provided the information in the meeting book thereby reviewing the same.

Financial Update

Mrs. Perez presented the financials in the meeting book and briefly reviewed them with the Board, pointing out that available funds as of September 30, 2019, were $171,294.18.

BOARD MEMBER/STAFF CLOSING COMMENTS

Mrs. Perez presented a proposal from Crespo for plant replacement in an area that District management believes maybe affected/damaged by pool water from the home located at 22535 SW 102nd Court. She advised the Board that the District had sent the homeowner/residents notification, but has not yet received any response to date.

A MOTION was made by Supervisor Lariel Torres, seconded by Chairperson Lorraine Torres and passed unanimously approving the proposal from Crespo dated October 2, 2019, in the amount of $120 for the removal of dead hedges and replacement of same.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Chairperson Lorraine Torres, seconded by Supervisor Ojeda and passed unanimously to adjourn the Regular Board Meeting at 6:50 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION NO. 2020-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2020/2021; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Riverside Park Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2020/2021 has been prepared and considered by the Board.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1. The Proposed Budget  including  the  Assessments  for  Fiscal  Year 2020/2021 attached hereto as Exhibit “A” is approved and adopted.

Section 2. A Public Hearing is hereby scheduled for July 20, 2020 at 6:30 p.m. in the Mercedes Benz of Cutler Bay, 10701 SW 211th Street, Cutler Bay, Florida 33189, and/or utilizing communications media technology (whichever is applicable) for the purpose of receiving public comments on the Proposed Fiscal Year 2020/2021 Budget.

PASSED, ADOPTED and EFFECTIVE this 18th day of May, 2020.

ATTEST:	RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT

By: 			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Riverside Park Community Development District

Proposed Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET IV	ASSESSMENT COMPARISON

PROPOSED BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	
FISCAL YEAR 2020/2021 ANNUAL BUDGET	
Administrative Assessments	61,256	
Maintenance Assessments	40,087	
Debt Assessments	120,339	
Other Revenues	0	
Interest Income	240	
		
TOTAL REVENUES	$	221,922	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Lawn/Landscape Maintenance	16,500	
Entrance Features	1,000	
Miscellaneous Maintenance/Improvements	6,907	
Border Hedge/Monument/Fence	8,275	
Nutritional Control/Mulch	3,500	
Engineering/Inspections	1,500	
Contingency/Reserve	0	
TOTAL MAINTENANCE EXPENDITURES	$	37,682	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Employer Taxes Payroll	480	
Management	18,990	
Secretarial	2,700	
Legal	8,000	
Assessment Roll	3,500	
Audit Fees	3,600	
Insurance	6,000	
Legal Advertisements	550	
Miscellaneous	950	
Postage	225	
Office Supplies	550	
Dues & Subscriptions	175	
Trustee Fee	4,100	
Continuing Disclosure Fee	250	
Website Management	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	$	57,820	
		
TOTAL EXPENDITURES	$	95,502	
		
REVENUES LESS EXPENDITURES	$	126,420	
		
Bond Payments	(113,119)	
		
BALANCE	$	13,301	
		
County Appraiser & Tax Collector Fee	(4,434)	
Discounts For Early Payments	(8,867)	
		
EXCESS/ (SHORTFALL)	$	 	
		
Carryover Funds From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	 	

DETAILED PROPOSED BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	
FISCAL YEAR 2018/2019 ACTUAL	
FISCAL YEAR 2019/2020 ANNUAL BUDGET	
FISCAL YEAR 2020/2021 ANNUAL BUDGET	

COMMENTS	
Administrative Assessments	61,142	61,122	61,256	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	40,481	40,221	40,087	Expenditures/.94	
Debt Assessments	120,339	120,339	120,339	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	413	180	240	Estimated At $20.00 Per Month	
					
TOTAL REVENUES	$	222,375	$	221,862	$	221,922		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Lawn/Landscape Maintenance	9,192	16,500	16,500	No Change From 2019/2020 Budget	
Entrance Features	0	1,000	1,000	No Change From 2019/2020 Budget	
Miscellaneous Maintenance/Improvements	0	7,032	6,907	$125 Decrease From 2019/2020 Budget	
Border Hedge/Monument/Fence	0	8,275	8,275	No Change From 2019/2020 Budget	
Nutritional Control/Mulch	0	3,500	3,500	No Change From 2019/2020 Budget	
Engineering/Inspections	1,050	1,500	1,500	No Change From 2019/2020 Budget	
Contingency/Reserve	0	0	0	Currently $16,270 In Available Funds	

TOTAL MAINTENANCE EXPENDITURES	$	10,242	$	37,807	$	37,682		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	3,200	6,000	6,000	No Change From 2019/2020 Budget	
Employer Taxes Payroll	245	480	480	Projected At 8% Of Supervisor Fees	
Management	18,144	18,480	18,990	CPI Adjustment	
Secretarial	2,700	2,700	2,700	No Change From 2019/2020 Budget	
Legal	4,760	8,000	8,000	No Change From 2019/2020 Budget	
Assessment Roll	3,500	3,500	3,500	No Change From 2019/2020 Budget	
Audit Fees	3,600	3,600	3,600	Accepted Amount For 2019/2020 Audit	
Insurance	5,000	6,250	6,000	Insurance Estimate	
Legal Advertisements	266	550	550	No Change From 2019/2020 Budget	
Miscellaneous	652	950	950	No Change From 2019/2020 Budget	
Postage	113	250	225	$25 Decrease From 2019/2020 Budget	
Office Supplies	275	600	550	$50 Decrease From 2019/2020 Budget	
Dues & Subscriptions	175	175	175	No Change From 2019/2020 Budget	
Trustee Fee	4,080	4,100	4,100	No Change From 2019/2020 Budget	
Continuing Disclosure Fee	250	250	250	No Change From 2019/2020 Budget	
Website Management	1,500	1,750	1,750	No Change From 2019/2020 Budget	

TOTAL ADMINISTRATIVE EXPENDITURES	$	48,460	$	57,635	$	57,820		
					
TOTAL EXPENDITURES	$	58,702	$	95,442	$	95,502		
					
REVENUES LESS EXPENDITURES	$	163,673	$	126,420	$	126,420		
					
Bond Payments	(114,615)	(113,119)	(113,119)	2021 P & I Payments Less Earned Interest	
					
BALANCE	$	49,058	$	13,301	$	13,301		
					
County Appraiser & Tax Collector Fee	(2,134)	(4,434)	(4,434)	Two Percent Of Total Tax Roll	
Discounts For Early Payments	(8,415)	(8,867)	(8,867)	Four Percent Of Total Tax Roll	
					
EXCESS/ (SHORTFALL)	$	38,509	$	 	$	 		
					
Carryover Funds From Prior Year	0	0	0	Carryover Funds From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	38,509	$	 	$	 		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

REVENUES	FISCAL YEAR 2018/2019 ACTUAL	FISCAL YEAR 2019/2020 BUDGET	FISCAL YEAR 2020/2021 BUDGET	

COMMENTS	

Interest Income	
342	
25	
25	
Projected Interest For FY 2020/2021	

NAV Tax Collection	
114,615	
113,119	
113,119	
Maximum Debt Service Collection	

Total Revenues	
$	114,957	
$	113,144	
$	113,144		

EXPENDITURES					

Principal Payments	
65,000	
70,000	
70,000	
Principal Payment Due In 2021	

Interest Payments	
43,550	
40,138	
37,863	
Interest Payments Due In 2021	

Bond Redemption	
10,000	
3,006	
5,281	
Estimated Excess Debt Collections	

Total Expenditures	
$	118,550	
$	113,144	
$	113,144		

Excess/ (Shortfall)	
$	(3,593)	
$	-	
$	-		

Series 2014 Bond Refunding Information
Original Par Amount =	$1,630,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.25% 8.25%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	May 2014			
Maturity Date =

Par Amount As Of 1/1/20 =	May 2034

$1,270,000			

Riverside Park Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2017/2018	2018/2019	2019/2020	2020/2021	
Assessment	Assessment	Assessment	Projected Assessment	
   Before Discount* 	  Before Discount*	   Before Discount* 	 	Before Discount*		

Administrative	
$	293.59	
$	296.89	
$	298.16	
$	298.81	
Maintenance	$	200.77	$	197.47	$	196.20	$	195.55	
Debt	$	592.80	$	592.80	$	592.80	$	592.80	
Total	$	1,087.16	$	1,087.16	$	1,087.16	$	1,087.16	

* Assessments Include the Following : 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:
Total Units	205
Prepayments	2
Billed for Debt	203
3/5/2020 2:01 PM	IV

Riverside Park Community Development District

Financial Report For April 2020

Riverside Park Community Development District
Budget vs. Actual
October 2019 through April 2020

Oct '19 - Apr 20	19/20 Budget	$ Over Budget	% of Budget
  	 
Income

363.100 · Admin Assessments	60,188.68		61,122.00		-933.32		98.47%	
363.101 · Maintenance Assessments	39,525.45		40,221.00		-695.55		98.27%	
363.810 · Debt Assessments	118,829.55		120,339.00		-1,509.45		98.75%	
363.820 · Debt Assessment-Paid To Trustee	-113,091.10		-113,119.00		27.90		99.98%	
363.830 · County Tax Collector Fee	-2,099.71		-4,434.00		2,334.29		47.36%	
363.831 · Discounts For Early Payments	-8,449.76		-8,867.00		417.24		95.29%	
369.401 · Interest Income	140.23		180.00		-39.77		77.91%	
Total Income	95,043.34		95,442.00		-398.66		99.58%	
Expense								
511.122 · PR Tax Expense	61.20		480.00		-418.80		12.75%	
511.131 · Supervisors Fees	800.00		6,000.00		-5,200.00		13.33%	
511.302 · Border Hedge/Monument/Fence	0.00		8,275.00		-8,275.00		0.0%	
511.303 · Nutritional Control/Mulch	0.00		3,500.00		-3,500.00		0.0%	
511.307 · Lawn/Landscape Maintenance	3,750.00		16,500.00		-12,750.00		22.73%	
511.308 · Miscellaneous Maintenance	0.00		7,032.00		-7,032.00		0.0%	
511.309 · Entrance Features	2,140.00		1,000.00		1,140.00		214.0%	
511.310 · Engineering	1,050.00		1,500.00		-450.00		70.0%	
511.311 · Management Fees	10,780.00		18,480.00		-7,700.00		58.33%	
511.312 · Secretarial Fees	1,575.00		2,700.00		-1,125.00		58.33%	
511.315 · Legal Fees	2,400.00		8,000.00		-5,600.00		30.0%	
511.318 · Assessment/Tax Roll	0.00		3,500.00		-3,500.00		0.0%	
511.320 · Audit Fees	0.00		3,600.00		-3,600.00		0.0%	
511.450 · Insurance	5,251.00		6,250.00		-999.00		84.02%	
511.480 · Legal Advertisements	262.25		550.00		-287.75		47.68%	
511.512 · Miscellaneous	204.35		950.00		-745.65		21.51%	
511.513 · Postage and Delivery	38.68		250.00		-211.32		15.47%	
511.514 · Office Supplies	164.15		600.00		-435.85		27.36%	
511.516 · Website Management Fee	1,020.81		1,750.00		-729.19		58.33%	
511.540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733 · Trustee Fees	0.00		4,100.00		-4,100.00		0.0%	
511.734 · Continuing Disclosure Fee	0.00		250.00		-250.00		0.0%	
Total Expense	29,672.44		95,442.00		-65,769.56		31.09%	
Net Income	 	65,370.90		 	0.00		 	65,370.90		 	100.0%	

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
APRIL 2020

REVENUES	
Annual Budget
10/1/19 - 9/30/20	

Actual Apr-20	
Year To Date Actual
10/1/19 - 4/30/20	
Administrative Assessments	61,122	761	60,189	
Maintenance Assessments	40,221	496	39,525	
Debt Assessments	120,339	1,498	118,830	
Other Revenue	0	0	0	
Interest Income	180	0	140	
				
Total Revenues	$	221,862	$	2,755	$	218,684	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
Lawn/Landscape Maintenance	16,500	0	3,750	
Entrance Features	1,000	0	2,140	
Miscellaneous Maintenance/Improvements	7,032	0	0	
Border Hedge/Monument/Fence	8,275	0	0	
Nutritional Control/Mulch	3,500	0	0	
Engineering/Inspections	1,500	0	1,050	
Contingency/Reserve ($16,270 Available)*	0	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	37,807	$	-	$	6,940	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	6,000	0	800	
Payroll Taxes - Employer	480	0	61	
Management	18,480	1,540	10,780	
Secretarial	2,700	225	1,575	
Legal	8,000	0	2,400	
Assessment Roll	3,500	0	0	
Audit Fees	3,600	0	0	
Insurance	6,250	0	5,251	
Legal Advertisements	550	0	262	
Miscellaneous	950	11	204	
Postage	250	15	39	
Office Supplies	600	51	164	
Dues & Subscriptions	175	0	175	
Trustee Fee	4,100	0	0	
Continuing Disclosure Fee	250	0	0	
Website Management	1,750	146	1,021	
TOTAL ADMINISTRATIVE EXPENDITURES	$	57,635	$	1,988	$	22,732	
				
Total Expenditures	$	95,442	$	1,988	$	29,672	
				
Revenues Less Expenditures	$	126,420	$	767	$	189,012	
				
Bond Payments	(113,119)	(1,483)	(113,091)	
				
Balance	$	13,301	$	(716)	$	75,921	
				
County Appraiser & Tax Collector Fee	(4,434)	(27)	(2,100)	
Discounts For Early Payments	(8,867)	0	(8,450)	
				
Excess/ (Shortfall)	$	-	$	(743)	$	65,371	
				
Carryover From Prior Year	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(743)	$	65,371	

* Contingency/Reserve Funds Can Be Used In Fiscal Year 19/20 or in Future Fiscal Years. Original Balance = $36,680. Current Balance = $16,270.

Bank Balance As Of 3/31/20	$	260,970.94	
Funds Received: 4/1/20 - 4/30/20	$	2,726.79	
Disbursements: 4/1/20 - 4/30/20	$	6,392.42	
Bank Balance As Of 4/30/20	$	257,305.31	
Accounts Payable As Of 4/30/20	$	3,870.23	
Accounts Receivable As Of 4/30/20	$	-	
Reserve Funds As Of 4/30/20	$	16,270.00	
Available Funds As Of 4/30/20	$	237,165.08	

RIVERSIDE PARK CDD TAX COLLECTIONS 2019-2020

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Fees	

Discount	

Net From Tax Collector	Admin Assessment Income (Before Discounts & Fees)	Maint Assessment Income (Before Discounts & Fees)	Debt Assessment Income (Before Discounts & Fees)	Admin Assessment Income (After Discounts & Fees)	Maint Assessment Income (After Discounts & Fees)	Debt Assessment Income (After Discounts & Fees)	

Debt Assessment Paid to Trustee	
									$	221,682	$	61,122	$	40,221	$	120,339	$	61,122	$	40,221	$	120,339		
									$	208,381	$	57,455	$	37,807	$	113,119	$	57,455	$	37,807	$	113,119	$	113,119	
1	493	Miami-Dade Tax Collector	11/22/19	NAV Taxes	$	4,785.98		$	(45.82)	$	(204.33)	$	4,535.83	$ 1,312.58	$	863.75	$	2,609.65	$ 1,243.93	$	818.60	$	2,473.30	$	2,473.30	
2	317	Miami-Dade Tax Collector	12/03/19	NAV Taxes	$	3,261.48		$	(31.31)	$	(130.47)	$	3,099.70	$	894.48	$	588.60	$	1,778.40	$	850.05	$	559.40	$	1,690.25	$	1,690.25	
3	979	Miami-Dade Tax Collector	12/10/19	NAV Taxes	$ 185,311.56		$ (1,778.98)	$ (7,412.87)	$	176,119.71	$ 50,985.36	$	33,550.20	$ 100,776.00	$ 48,456.06	$ 31,886.10	$	95,777.55	$	95,777.55	
4	292	Miami-Dade Tax Collector	12/23/19	NAV Taxes	$	16,307.40		$ (156.77)	$	(630.58)	$	15,520.05	$ 4,472.40	$	2,943.00	$	8,892.00	$ 4,256.45	$	2,800.90	$	8,462.70	$	8,462.70	
5	969	Miami-Dade Tax Collector	01/10/20	NAV Taxes	$	572.09		$	(5.55)	$	(17.16)	$	549.38	$	156.89	$	103.25	$	311.95	$	150.63	$	99.15	$	299.60	$	299.60	
6	850	Miami-Dade Tax Collector	01/30/20	Interest		$ 115.11			$	115.11	$	115.11			$	115.11			$	-	
7	457	Miami-Dade Tax Collector	03/09/20	NAV Taxes	$	5,435.80		$	(54.35)	$	(53.81)	$	5,327.64	$ 1,490.80	$	981.00	$	2,964.00	$ 1,461.14	$	961.40	$	2,905.10	$	2,905.10	
8	692	Miami-Dade Tax Collector	04/10/20	NAV Taxes	$	2,746.41		$	(27.47)		$	2,718.94	$	753.21	$	495.65	$	1,497.55	$	745.64	$	490.70	$	1,482.60	$	1,482.60	
9	776	Miami-Dade Tax Collector	04/24/20	Interest		$	7.85			$	7.85	$	7.85			$	7.85			$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
16									$	-							$	-	
17									$	-							$	-	
18									$	-							$	-	
					$ 218,420.72	$ 122.96	$ (2,100.25)	$ (8,449.22)	$	207,994.21	$ 60,188.68	$ 39,525.45	$ 118,829.55	$ 57,286.86	$ 37,616.25	$ 113,091.10	$ 113,091.10	

Assessment Roll = $221,682.20	Note: $221,682, $61,122, $40,221 and $120,339 are 2019/2020 Budgeted assessments before discounts and fees.
Note: $208,381, $57,455, $37,807 and $113,119 are 2019/2020 Budgeted assessments after discounts and fees.

$	218,420.72		
$	122.96	$ 207,994.21	
$	(60,188.68)	$ (57,286.86)	
$	(39,525.45)	$ (37,616.25)	
$	(118,829.55)	$ (113,091.10)	
$	-	$	-

Riverside Park Community Development District Contingency/Reserve Expenditures
October 2015 - April 2020

	Date		Invoice #		Vendor		Description		Amount	
Contingency/Reserve										
	10/15/2015		Inv# 10152015863		Jag Painting Contractors Inc.		Deposit for invoice 10152015863 (Cleaning & Painting)		2,450.00	
	11/01/2015		Inv# 10152015863A		Jag Painting Contractors Inc.		Final Payment for invoice 10152015863 (Cleaning & Painting)		2,450.00	
	12/07/2015		Inv# 8624		Crespo Lawn Service, Inc.		Installation Of 16 Solar Power Lights		1,210.00	
	02/22/2018		Inv #1304		Royal Plastering Corp.		Fence Repairs & Replacement		14,300.00	

0.00
Total	20,410.00

Original Funds Available For Contingency/Reserve	
Contingency/Reserve Expenditures As Of 4/30/20	
Contingency/Reserve Funds Balance As Of 4/30/20	

$ 36,680.00	
$ 20,410.00	
$ 16,270.00