RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING APRIL 18, 2022
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
Meeting Room at Mercedes Benz of Cutler Bay 10701 SW 211th Street
Cutler Bay, Florida 33189
REGULAR BOARD MEETING
April 18, 2022
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 15, 2021 Regular Board Meeting	Page 2
New Business
Consider Approval of Landscaping Enhancement for Three Entrances…	Page 5
Consider Approval of Resolution No. 2022-01 – Approving a Proposed Budget for
FY 2022/2023; and Providing an Effective Date…	Page 7
Old Business
Update Regarding the Illegal Dumping near the SW 102nd Ave Canal Railing Area
Update Regarding the South Florida Water Management Owned Parcel off of SW 102nd Ave
Administrative Matters
Financial Update	Page 14
Reminder of Statement of Financial Interests Disclosure 2021 Form 1, Filing Deadline: July 1, 2022
Announce the General Election and Candidate Qualifying Period – Noon, Monday, June 13, 2022 through Noon, Friday, June 17, 2022
Additional Board Member/Staff Comments
Adjourn

MIAMI DAILY BUSINESS REVIEW
Published Daily except Saturday, Sunday and Legal Holidays
Miami, Miami-Dade County, Florida

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily

Business
Saturday, published

Review f/k/a Miami Review, a daily		(except Sunday	and	Legal	Holidays)	newspaper,

at Miami in Miami-Dade County, Florida; that the

attached copy of advertisement, being a Legal Advertisement of Notice in the matter of

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT. FISCAL YEAR 2021/2022 REGULAR MEETING SCHEDULE

in the XXXX Court,
was published in said newspaper in the issues of

11/05/2021

	<;{_4¾

Affiant further says that the said Miami Daily Business Review is a newspaper published at Miami, in said Miami-Dade County, Florida and that the said newspaper has heretofore been continuously published in said Miami-Dade County, Florida each day (except Saturday, Sunday and Legal Holidays) and has been entered as second class mail matter at the post office in M·iami in said Miami-Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he or she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing	this advertisement	for publication	in the	said

§ff-,be•ra m,m;,

oe•• ,.,dWu

GUILLERMO GARCIA personally known to me

Page 1

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 15, 2021

CALL TO ORDER

The November 15, 2021, Regular Board Meeting of the Riverside Park Community Development District (the “District”) was called to order at 6:50 p.m. in a Meeting Room at 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 5, 2021, as part of the District’s Fiscal Year 2021/2022 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of Chairperson Lorraine Torres (via phone), 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 also in attendance were: District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Gregory George of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

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 17, 2021, Public Hearing & Regular Board Meeting

The minutes of the May 17, 2021, Public Hearing & Regular Board Meeting were presented for consideration.

A MOTION was made by Supervisor Ojeda, seconded by Supervisor Alvarez and passed unanimously approving the minutes of the May 17, 2021, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS

There were no Old Business items brought before the Board.

NEW BUSINESS
Consider Resolution No. 2021-05 – Adopting a Fiscal Year 2020/2021 Amended Budget

Mrs. Perez presented Resolution No. 2021-05, entitled:

RESOLUTION NO. 2021-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2020/2021 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez explained, as 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, 2021. 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 Supervisor Alvarez and unanimously passed adopting Resolution No. 2021-05, adopting a Fiscal Year 2020/2021 Amended Budget.

Consider Audit Renewal – Grau & Associates

Mrs. Perez advised the Board that at the October 15, 2018, Board meeting, the firm of Nowlen, Holt & Miner was selected to perform the 9-30-2018, 9-30-2019 and 9-30-2020 year end audits with an option to perform the 9-30-2021 and 9-30-22 audits.

The fee for the 9-30-2018 audit was $3,600; the fee for the 9-30-2019 audit was $3,600; and the fee for the 9-30-2020 audit was $3,600. The proposed fee for the 9-30-2021 audit is $3,600, which is the budgeted amount for audit fees for fiscal year 2021/2022; and the proposed fee for the 9-30-2022 audit is $3,600.

Management is pleased with the professionalism and competence of the Nowlen, Holt & Miner partners and staff; therefore management recommends that the Board approve the renewal option for the fiscal year ending 9-30-2021 and 9-30-2022 audits with Nowlen, Holt & Miner.

A MOTION was made by Ojeda, seconded by Lariel Torres and unanimously passed approving the 2- year audit renewal option with Nowlen, Holt & Miner for the fiscal years ending 9-30-2021 and 9-30- 2022; and further approving the proposed fees for the 9-30-2021 audit in the amount of $3,600; and the proposed fee for the 9-30-2022 audit which is $3,600; and further authorizing District management to try negotiating to lower the amount, if possible.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financials and briefly reviewed them with the Board, pointing out that available funds as of September 30, 2021, were $235,770.34.

BOARD MEMBER/STAFF CLOSING COMMENTS

There were no Board Member or Staff closing comments.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Ojeda, seconded by Supervisor Lorraine Torres and passed unanimously to adjourn the Regular Board Meeting at 6:54 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

Date	Estimate #	
4/7/2022	792	

19525 SW 272nd ST
Homestead, FL 33031

Riverside Park CDD
C/O Special District Services, Inc. 2501A Burns Rd.
Palm Beach Gardens, FL 33410

Bill To

Description	Quantity	Rate	Amount	
Adding of plant material to 3 entrances.		0.00	0.00	
Removal of ixora at both east entrances and replace with Green				
arboricola and Auntie Lou ti plants. these are both drought tolerant				
plants that don't require much water. we will apply water for the first				
2 weeks to help establish plants but there is no warranty since no				
irrigation system is present.				
Green arboricola 3 gal to cover under sign on both entrances total of	100	12.00	1,200.00	
4 sides.				
Auntie Lou ti plants 7 gal 6 on each monument sign and 2 at main	26	25.00	650.00	
entrance				
Brown mulch for new install areas.	45	5.00	225.00	
Complimentary for initial 2 weeks only.		0.00	0.00	
		Total	
$2,075.00	

PH: 305-989-8446

Phone #

Trimscape@hotmail.com

E-mail

Green Arbolicola:

Auntie Lou ti Plants:

RESOLUTION NO. 2022-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2022/2023; 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 2022/2023 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 2022/2023 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for June 20, 2022 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 2022/2023 Budget.

PASSED, ADOPTED and EFFECTIVE this 18th day of April, 2022.

ATTEST:	RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT

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

Riverside Park Community Development District

Proposed Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET IV	ASSESSMENT COMPARISON

PROPOSED BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023 ANNUAL BUDGET	
Administrative Assessments	62,152	
Maintenance Assessments	39,191	
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	6,064	
Border Hedge/Monument/Fence	8,275	
Nutritional Control/Mulch	3,500	
Engineering/Inspections	1,500	
Contingency/Reserve	0	
TOTAL MAINTENANCE EXPENDITURES	$	36,839	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Employer Taxes - Payroll	480	
Management	19,728	
Secretarial	2,700	
Legal	8,000	
Assessment Roll	3,500	
Audit Fees	3,600	
Insurance	6,205	
Legal Advertisements	650	
Miscellaneous	825	
Postage	200	
Office Supplies	500	
Dues & Subscriptions	175	
Trustee Fee	4,100	
Continuing Disclosure Fee	250	
Website Management	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	$	58,663	
		
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 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 ANNUAL BUDGET	
FISCAL YEAR 2022/2023 ANNUAL BUDGET	

COMMENTS	
Administrative Assessments	61,351	61,387	62,152	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	40,087	39,956	39,191	Expenditures/.94	
Debt Assessments	120,339	120,339	120,339	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	280	240	240	Estimated At $20.00 Per Month	
					
TOTAL REVENUES	$	222,057	$	221,922	$	221,922		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Lawn/Landscape Maintenance	11,550	16,500	16,500	No Change From 2021/2022 Budget	
Entrance Features	0	1,000	1,000	No Change From 2021/2022 Budget	
Miscellaneous Maintenance/Improvements	5,800	6,783	6,064	$719 Decrease From 2021/2022 Budget	
Border Hedge/Monument/Fence	0	8,275	8,275	No Change From 2021/2022 Budget	
Nutritional Control/Mulch	0	3,500	3,500	No Change From 2021/2022 Budget	
Engineering/Inspections	975	1,500	1,500	No Change From 2021/2022 Budget	
Contingency/Reserve	0	0	0	Currently $16,270 In Available Funds	

TOTAL MAINTENANCE EXPENDITURES	$	18,325	$	37,558	$	36,839		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	3,200	6,000	6,000	No Change From 2021/2022 Budget	
Employer Taxes - Payroll	245	480	480	Projected At 8% Of Supervisor Fees	
Management	18,900	19,164	19,728	CPI Adjustment (Capped At 3%)	
Secretarial	2,700	2,700	2,700	No Change From 2021/2022 Budget	
Legal	5,822	8,000	8,000	No Change From 2021/2022 Budget	
Assessment Roll	3,500	3,500	3,500	No Change From 2021/2022 Budget	
Audit Fees	3,600	3,600	3,600	Accepted Amount For 2021/2022 Audit	
Insurance	5,513	6,000	6,205	Insurance Estimate	
Legal Advertisements	383	650	650	No Change From 2021/2022 Budget	
Miscellaneous	456	850	825	$25 Decrease From 2021/2022 Budget	
Postage	109	200	200	No Change From 2021/2022 Budget	
Office Supplies	194	525	500	$25 Decrease From 2021/2022 Budget	
Dues & Subscriptions	175	175	175	No Change From 2021/2022 Budget	
Trustee Fee	4,079	4,100	4,100	No Change From 2021/2022 Budget	
Continuing Disclosure Fee	250	250	250	No Change From 2021/2022 Budget	
Website Management	1,750	1,750	1,750	No Change From 2021/2022 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	50,876	$	57,944	$	58,663		
					
TOTAL EXPENDITURES	$	69,201	$	95,502	$	95,502		
					
REVENUES LESS EXPENDITURES	$	152,856	$	126,420	$	126,420		
					
Bond Payments	(114,585)	(113,119)	(113,119)	2022 P & I Payments Less Earned Interest	
					
BALANCE	$	38,271	$	13,301	$	13,301		
					
County Appraiser & Tax Collector Fee	(2,133)	(4,434)	(4,434)	Two Percent Of Total Tax Roll	
Discounts For Early Payments	(8,451)	(8,867)	(8,867)	Four Percent Of Total Tax Roll	
					
EXCESS/ (SHORTFALL)	$	27,687	$	-	$	-		
					
Carryover Funds From Prior Year	0	0	0	Carryover Funds From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	27,687	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income	
6	
25	
10	
Projected Interest For FY 2022/2023	

NAV Tax Collection	
114,585	
113,119	
113,119	
Maximum Debt Service Collection	

Total Revenues	
$	114,591	
$	113,144	
$	113,129		

EXPENDITURES					

Principal Payments	
70,000	
75,000	
75,000	
Principal Payment Due In 2023	

Interest Payments	
39,000	
35,506	
32,744	
Interest Payments Due In 2023	

Bond Redemption	
0	
2,638	
5,385	
Estimated Excess Debt Collections	

Total Expenditures	
$	109,000	
$	113,144	
$	113,129		

Excess/ (Shortfall)	
$	5,591	
$	-	
$	-		

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 1/1/22 =	May 2034

$1,120,000			

Riverside Park Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2019/2020	2020/2021	2021/2022	2022/2023	
Assessment	Assessment	Assessment	Projected Assessment	
 Before Discount* 	 Before Discount*	  Before Discount* 		Before Discount*		

Administrative	
$	298.16	
$	298.81	
$	299.45	
$	303.18	
Maintenance	$	196.20	$	195.55	$	194.91	$	191.18	
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
4/7/2022 8:34 AM	IV

Riverside Park Community Development District

Financial Report For March 2022

Riverside Park Community Development District
Budget vs. Actual
October 2021 through March 2022

	Oct 21 - March 22		21/22 Budget		$ Over Budget		% of Budget	
Income								
363.100 ꞏ Admin Assessments	59,594.89		61,387.00		-1,792.11		97.08%	
363.101 ꞏ Maintenance Assessments	38,785.00		39,956.00		-1,171.00		97.07%	
363.810 ꞏ Debt Assessments	117,316.15		120,339.00		-3,022.85		97.49%	
363.820 ꞏ Debt Assessment-Paid To Trustee	-111,545.90		-113,119.00		1,573.10		98.61%	
363.830 ꞏ County Tax Collector Fee	-2,071.50		-4,434.00		2,362.50		46.72%	
363.831 ꞏ Discounts For Early Payments	-8,537.77		-8,867.00		329.23		96.29%	
369.401 ꞏ Interest Income	138.65		240.00		-101.35		57.77%	
Total Income	93,679.52		95,502.00		-1,822.48		98.09%	
Expense								
511.122 ꞏ PR Tax Expense	61.20		480.00		-418.80		12.75%	
511.131 ꞏ Supervisors Fees	800.00		6,000.00		-5,200.00		13.33%	
511.302 ꞏ Border Hedge/Monument/Fence	0.00		8,275.00		-8,275.00		0.0%	
511.303 ꞏ Nutritional Control/Mulch	0.00		3,500.00		-3,500.00		0.0%	
511.307 ꞏ Lawn/Landscape Maintenance	6,928.75		16,500.00		-9,571.25		41.99%	
511.308 ꞏ Miscellaneous Maintenance	0.00		6,783.00		-6,783.00		0.0%	
511.309 ꞏ Entrance Features	0.00		1,000.00		-1,000.00		0.0%	
511.310 ꞏ Engineering	0.00		1,500.00		-1,500.00		0.0%	
511.311 ꞏ Management Fees	9,582.00		19,164.00		-9,582.00		50.0%	
511.312 ꞏ Secretarial Fees	1,350.00		2,700.00		-1,350.00		50.0%	
511.315 ꞏ Legal Fees	2,286.50		8,000.00		-5,713.50		28.58%	
511.318 ꞏ Assessment/Tax Roll	0.00		3,500.00		-3,500.00		0.0%	
511.320 ꞏ Audit Fees	0.00		3,600.00		-3,600.00		0.0%	
511.450 ꞏ Insurance	5,513.00		6,000.00		-487.00		91.88%	
511.480 ꞏ Legal Advertisements	99.48		650.00		-550.52		15.31%	
511.512 ꞏ Miscellaneous	436.94		850.00		-413.06		51.41%	
511.513 ꞏ Postage and Delivery	26.16		200.00		-173.84		13.08%	
511.514 ꞏ Office Supplies	70.25		525.00		-454.75		13.38%	
511.516 ꞏ Website Management Fee	874.98		1,750.00		-875.02		50.0%	
511.540 ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733 ꞏ Trustee Fees	0.00		4,100.00		-4,100.00		0.0%	
511.734 ꞏ Continuing Disclosure Fee	0.00		250.00		-250.00		0.0%	
Total Expense	28,204.26		95,502.00		-67,297.74		29.53%	
Net Income		65,475.26			0.00			65,475.26			100.0%	

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
MARCH 2022

REVENUES	
Annual Budget
10/1/21 - 9/30/22	
Actual Mar-22	
Year To Date Actual
10/1/21 - 3/31/22	
Administrative Assessments	61,387	599	59,595	
Maintenance Assessments	39,956	390	38,785	
Debt Assessments	120,339	1,186	117,316	
Other Revenue	0	0	0	
Interest Income	240	0	139	
				
Total Revenues	$	221,922	$	2,175	$	215,835	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
Lawn/Landscape Maintenance	16,500	900	6,929	
Entrance Features	1,000	0	0	
Miscellaneous Maintenance/Improvements	6,783	0	0	
Border Hedge/Monument/Fence	8,275	0	0	
Nutritional Control/Mulch	3,500	0	0	
Engineering/Inspections	1,500	0	0	
Contingency/Reserve ($16,270 Available)*	0	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	37,558	$	900	$	6,929	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	6,000	0	800	
Payroll Taxes - Employer	480	0	61	
Management	19,164	1,597	9,582	
Secretarial	2,700	225	1,350	
Legal	8,000	0	2,287	
Assessment Roll	3,500	0	0	
Audit Fees	3,600	0	0	
Insurance	6,000	0	5,513	
Legal Advertisements	650	0	99	
Miscellaneous	850	16	437	
Postage	200	0	26	
Office Supplies	525	6	70	
Dues & Subscriptions	175	0	175	
Trustee Fee	4,100	0	0	
Continuing Disclosure Fee	250	0	0	
Website Management	1,750	146	875	
TOTAL ADMINISTRATIVE EXPENDITURES	$	57,944	$	1,990	$	21,275	
				
Total Expenditures	$	95,502	$	2,890	$	28,204	
				
Revenues Less Expenditures	$	126,420	$	(715)	$	187,631	
				
Bond Payments	(113,119)	(1,162)	(111,546)	
				
Balance	$	13,301	$	(1,877)	$	76,085	
				
County Appraiser & Tax Collector Fee	(4,434)	(22)	(2,072)	
Discounts For Early Payments	(8,867)	(22)	(8,538)	
				
Excess/ (Shortfall)	$	-	$	(1,921)	$	65,475	
				
Carryover From Prior Year	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(1,921)	$	65,475	

* Contingency/Reserve Funds Can Be Used In Fiscal Year 21/22 or in Future Fiscal Years. Original Balance = $36,680. Current Balance = $16,270.

Bank Balance As Of 3/31/22	$	322,367.71	
Accounts Payable As Of 3/31/22	$	4,852.11	
Accounts Receivable As Of 3/31/22	$	-	
Reserve Funds As Of 3/31/22	$	16,270.00	
Available Funds As Of 3/31/22	$	301,245.60	

RIVERSIDE PARK CDD TAX COLLECTIONS 2021-2022

#	

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	$	61,387	$	39,956	$	120,339	$	61,387	$	39,956	$	120,339		
									$	208,381	$	57,704	$	37,558	$	113,119	$	57,704	$	37,558	$	113,119	$	113,119	
1	1	Miami-Dade Tax Collector	11/26/21	NAV Taxes	$	9,162.73		$	(87.83)	$	(379.77)	$	8,695.13	$  2,537.23	$	1,651.50	$	4,974.00	$  2,407.73	$	1,567.20	$	4,720.20	$	4,720.20	
2	2	Miami-Dade Tax Collector	12/03/21	NAV Taxes	$  140,243.64		$ (1,346.34)	$  (5,610.03)	$	133,287.27	$ 38,629.05	$	25,143.39	$	76,471.20	$ 36,712.77	$  23,896.25	$	72,678.25	$	72,678.25	
3	3	Miami-Dade Tax Collector	12/08/21	NAV Taxes	$	41,806.44		$  (401.34)	$  (1,672.31)	$	39,732.79	$ 11,678.55	$	7,601.49	$	22,526.40	$ 11,099.19	$	7,224.50	$	21,409.10	$	21,409.10	
4	4	Miami-Dade Tax Collector	12/20/21	NAV Taxes	$	20,656.04		$  (198.41)	$	(815.44)	$	19,642.19	$  5,689.55	$	3,703.29	$	11,263.20	$  5,410.59	$	3,521.45	$	10,710.15	$	10,710.15	
5	5	Miami-Dade Tax Collector	01/11/22	NAV Taxes	$	558.03		$	(5.40)	$	(16.74)	$	535.89	$	154.48	$	100.60	$	302.95	$	148.24	$	96.65	$	291.00	$	291.00	
6	6	Miami-Dade Tax Collector	02/07/22	NAV Taxes	$	1,087.16		$	(10.66)	$	(21.74)	$	1,054.76	$	299.45	$	194.91	$	592.80	$	290.51	$	189.10	$	575.15	$	575.15	
7	Int -1	Miami-Dade Tax Collector	02/28/22	Interest		$	7.68			$	7.68	$	7.68			$	7.68			$	-	
8	7	Miami-Dade Tax Collector	03/07/22	NAV Taxes	$	2,174.32		$	(21.52)	$	(21.74)	$	2,131.06	$	598.90	$	389.82	$	1,185.60	$	586.96	$	382.05	$	1,162.05	$	1,162.05	
9									$	-							$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
16									$	-							$	-	
17									$	-							$	-	
					$ 215,688.36	$	7.68	$ (2,071.50)	$ (8,537.77)	$	205,086.77	$ 59,594.89	$  38,785.00	$ 117,316.15	$ 56,663.67	$  36,877.20	$ 111,545.90	$  111,545.90	

Assessment Roll = $221,682.20	Note: $221,682, $61,387, $39,956 and $120,339 are 2021/2022 Budgeted assessments before discounts and fees.
Note: $208,381, $57,704, $37,558 and $113,119 are 2021/2022 Budgeted assessments after discounts and fees.

$	215,688.36		
$	7.68	$  205,086.77	
$	(59,594.89)	$  (56,663.67)	
$	(38,785.00)	$  (36,877.20)	
$	(117,316.15)	$ (111,545.90)	
$	-	$	-

Riverside Park Community Development District Contingency/Reserve Expenditures
October 2015 - March 2022

	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 3/31/22	
Contingency/Reserve Funds Balance As Of 3/31/22	

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