INDIGO COMMUNITY DEVELOPMENT DISTRICT

MARCH 27, 2019 AGENDA PACKAGE

March 20, 2019

Indigo
Community Development District
475 West Town Place, Suite 114, St. Augustine, Florida 32092 Phone: 904-940-5850 - Fax: 904-940-5899

Board of Supervisors Indigo Community Development District

Dear Board Members:

The regular meeting of the Indigo Community Development District will be held Wednesday, March 27, 2019 at 1:00 p.m. at the Holiday Inn Daytona Beach LPGA Blvd., Boardroom, 137 Automall Circle, Daytona Beach, Florida 32124. Following is the advance agenda for the meeting:

Roll Call
Audience Comments (Limited to 3 minutes per person)
Approval of Minutes of the December 12, 2018 Meeting
Selection of Audit Committee
Staff Reports
Attorney
Engineer
Manager
Field Operations Manager
Supervisors’ Request and Audience Comments (Limited to 3 minutes per person)
Approval of Check Register
Financial Statements as of February 28, 2019
Other Business
Next Scheduled Meeting – May 22, 2019 at 1:00 p.m. at the Holiday Inn LPGA
Adjournment

Enclosed under the third order of business is a copy of the minutes of the December 12, 2018 meeting for your review and approval.

Enclosed are the check register and financial statements.

The balance of the agenda is routine in nature and staff will give their reports at the meeting. In the meantime if you have any questions, please contact me.

Sincerely,

James Perry
James A. Perry District Manager

AGENDA

Indigo
Community Development District
Agenda

Wednesday	Holiday Inn Daytona Beach LPGA Blvd. March 27, 2019		137 Automall Circle
1:00 p.m.	Daytona Beach, Florida 32124
Call In # 1-800-264-8432 Code 752807
www.indigocdd.com

Roll Call

Audience Comments (Limited to 3 minutes per person)

Approval of Minutes of the December 12, 2018 Meeting

Selection of Audit Committee

Staff Reports
Attorney

Engineer

Manager

Field Operations Manager

Supervisors’ Request and Audience Comments (Limited to 3 minutes per person)

Approval of Check Register

Financial Statements as of February 28, 2019

Other Business

Next Scheduled Meeting – May 22, 2019 at 1:00 p.m. at the Holiday Inn LPGA

Adjournment

MINUTES

INDIGO
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Indigo Community Development District was held Wednesday, December 12, 2018 at 1:00 p.m. in the Holiday Inn Daytona Beach LPGA Boulevard, Ballroom, 137 Automall Circle, Daytona Beach, Florida.

Present and constituting a quorum were:

Thomas G. Leek	Chairman
John McCarthy	Vice Chairman
Robert E. Welsh	Assistant Secretary
Donald Parks	Assistant Secretary
Mark McCommon	Assistant secretary Also Present were:
James Perry	District Manager
Katie Buchanan	District Counsel by telephone
Kurt von der Osten	Field Operations Manager
Jamie Rountree	Team Rountree

FIRST ORDER OF BUSINESS	Roll Call
Mr. Leek called the meeting to order and Mr. Perry called the roll.

SECOND ORDER OF BUSINESS	Audience Comments
Mr. Freeman stated I own a few development companies out of Orlando, Florida and Windemere. We’ve purchased one lot so far within the Indigo community and we plan on building on the lot. My interest in coming to the meeting is to find out if there are any  restrictions and also one of the lots I’m thinking about buying has a notice of unpaid non-ad valorem special assessments, and I need to know if that comes from Indigo or not.
Mr. Perry stated it does.
Mr. Freeman stated I want to talk to somebody about that if possible.
Mr. Perry stated we will do that right after the meeting. Keep in mind that in regards to what type of unit you want to build on a lot this board has no control over development rights.

1

December 12, 2018	Indigo Community Development District

Mr. Freeman stated I have spoken to the city and county and I was wondering if there are any restrictions from Indigo on building at all.
Mr. Perry stated this district doesn’t have any responsibilities or power over development; the HOA does that.
Mr. Freeman asked is there an HOA in Indigo or not? Mr. Perry stated yes.
Mr. von der Osten stated you have at least two HOAs.

THIRD ORDER OF BUSINESS	Organizational Matters
Oath of Office for Newly Elected Supervisors
Mr. Perry being a notary public of the State of Florida administered the oath of office to Mr. Welsh, Mr. McCommon and Mr. McCarthy.

Consideration of Resolution 2019-01 Designating Officers
Mr. Perry stated following an election we always look at the current slate of officers, which is the purpose of Resolution 2019-01. The officers as they are now are: Mr. Leek is chair, Mr. Welsh is vice chair, I am the treasurer and secretary, Ariel Lovera and Patti Powers are assistant treasurers, Jim Oliver is an assistant secretary and the remaining board members are assistant secretaries. If you want to change the officers all I ask is that the GMS employees be left the same as they are now for administrative purposes.

On MOTION by Mr. Parks seconded by Mr. Welsh with all in favor Resolution 2019-01 was approved as follows: Tom Leek chairman, John McCarthy vice chairman, James Perry Secretary and Treasurer, Ariel Lovera and Patti Powers assistant treasurers, Jim Oliver Bob Welsh, Donald Parks and Mark McCommon assistant secretaries.

FOURTH ORDER OF BUSINESS	Approval of the Minutes
October 9, 2018 Continued Meeting

October 24, 2018 Meeting

2

December 12, 2018	Indigo Community Development District

On MOTION by Mr. Welsh seconded by Mr. McCarthy with all in favor the minutes of the October 9, 2018 and October 24, 2018 meetings were approved as presented.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Buchanan stated I do want to update the board on the settlement agreement as it relates to SW 30 and Parcel 32. At this time it has not been finalized. I have made some requests of the trustee to shore up the agreement in showing the bondholders do in fact consent to what we understand the deal to be and I’m waiting for them to return those comments to me. I am still optimistic that it will be executed but it is not there yet.
Mr. Leek asked are you waiting to hear from the bondholders’ counsel or from the purchasers?
Ms. Buchanan stated bondholders’ counsel.
Mr. Perry stated the structure of the agreement is pretty much what has been discussed all along, so the landowners are fine with it, it is just some of the details with the bondholders. If you will remember we went from several hundred units in the 600-700 range down to 464 and there is a delta there that needs to be addressed related to the bonds associated with that reduction in units. The landowner is saying he is not going to be able to do 464 it will probably be somewhat less than that he was saying in the 350 range so if that occurs he will have to pay a true-up payment between what is platted and that 464 units. There are a number of units there that need to be addressed eventually.
Mr. McCommon stated they are waiting on the bondholder as well, there is not deal so to speak until that is moving forward.

Engineer
There being none, the next item followed.

Manager
There being none, the next item followed.

Field Operational Manager

3

December 12, 2018	Indigo Community Development District

Mr. von der Osten stated at the last meeting we discussed replacing some of the lights at the entrances with the LEDs. I presented it and the answer is yes, it has all been approved. We are about two weeks behind on starting on the monuments in Grand Champion. We located the original colors and we are proceeding with that. We had one act of vandalism since the last meeting and some people were spray-painting entry monuments on the north side, but we were there the following day.
Mr. Welsh asked what is causing the lights to go on and off on Champions Drive?
Mr. von der Osten responded it is the controller inside the LED. Typically we do have to remove those but we do have a supply of replacements.
Mr. McCarthy asked is there any information from Consolidated about the entry? Mr. von der Osten stated no.
Mr. McCommon stated we had asked them for a follow-up and they are basically non- responsive?
Mr. von der Osten stated yes, that is accurate.

SIXTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
Mr. McCarthy stated we had purchased some Christmas wreaths for all four entrances and evidently there are some entrances that don’t have electric. What do you think about putting some in?
Mr. von der Osten stated I certainly could there is electricity generally in the area, we could run an underground conduit.
Mr. Perry stated work up an estimate and we will look at it at the next meeting.
Mr. Rountree stated in the past Team Rountree has always put up the Christmas decorations and that sort of thing. Kurt and I would like the board’s approval to start to contact some companies that actually do that type of thing for a living because as the district has grown it has become incredibly more difficult for us to get it done in a timely manner for the homeowners.
Mr. Perry stated okay.
Mr. Freeman stated if I am purchasing one of the lots is there any HOA documentation that is supposed to be mailed to us or anything that I can pick up?
Mr. Perry asked is it a platted lot or a parcel you are talking about?

4

December 12, 2018	Indigo Community Development District

Mr. Freeman stated it is a parcel. I have a parcel ID with me, there is no address just LPGA Boulevard. I would like to make sure the HOA fees on the lot if there is any that it is paid so it doesn’t go into arrears.
Mr. von der Osten stated it looks like the Hayman Wood SW parcel.
Mr. Perry stated the HOA is completely separate from this board but parcels are different than platted lots.

SEVENTH ORDER OF BUSINESS	Approval of Check Register

On MOTION by Mr. Parks seconded by Mr. Mr. McCommon with all in favor the check register was approved.

EIGHTH ORDER OF BUSINESS	Financial Statements as of September 30,
2018
A copy of the financials was included in the agenda package.

NINTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Next Scheduled Meeting – January 23, 2019
at 1:00 p.m. @ Holiday Inn
Mr. Perry stated the next scheduled meeting is January 23, 2019 at 1:00 p.m. in the same location.

On MOTION by Mr. Welsh seconded by Mr. McCommon with all in favor the meeting adjourned at 1:16 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

SEVENTH ORDER OF BUSINESS

Indigo
Community Development District
Summary of Invoices

November 30, 2018 to March 19, 2019

Fund	Date	Check No.'s	Amount		
General Fund	12/13/18	4350-4356	$	18,633.14	
12/20/18	4357-4358	$	315.34	
12/27/18	4359-4361	$	51,876.74	
1/4/19	4362-4367	$	21,511.08	
1/17/19	4368-4371	$	8,520.00	
1/25/19	4372-4374	$	43,950.74	
2/7/19	4375	$	5,222.55	
2/12/19	4376-4380	$	13,359.61	
2/21/19	4381-4384	$	45,300.74	
3/1/19	4385-4387	$	7,382.25	
3/8/19	4388-4393	$	13,889.90	
3/15/19	4394	$	1,348.20	
			$	231,310.29	
Payroll	December 2018
Donald Parks	
50497	
$	184.70	
	John McCarthy	50498	$	184.70	
	Mark McCommon	50499	$	159.70	
	Robert Welsh	50500	$	164.70	
	Thomas Leek	50501	$	184.70	
			$	878.50	
			$	232,188.79	

EIGHTH ORDER OF BUSINESS

Indigo
Community Development District

Unaudited Financial Reporting February 28, 2019

Table of Contents

1	 	Balance Sheet	

2-3	
 	General Fund Income Statement	

4	
 	Debt Service Fund Series 1999A Income Statement	

5	
 	Debt Service Fund Series 1999C Income Statement	

6	
 	Debt Service Fund Series 2005 Income Statement	

7	
 	Capital Projects Fund Series 1999A Income Statement	

8-9	
 	Month to Month	

10	
 	Assessment Receipt Schedule	

Indigo
Community Development District
Combined Balance Sheet As of February 28, 2019

Assets	

General 	Governmental Funds

Debt Service	

Capital Projects	Account Groups General
Fixed Assets	
General Long- Term Debt	Totals  (memorandum only) 2019	
Cash	$46,858	----	----	----	----	$46,858	
Assessment Receivable	$3,000	----	----	----	----	$3,000	
Prepaid Expense	$500	----	----	----	----	$500	
Investments							
Operating Account	$3,022,310	----	----	----	----	$3,022,310	
Reserve Account	$109,797	----	----	----	----	$109,797	
Series 1999A							
Reserve Account	----	$80,675	----	----	----	$80,675	
Revenue Account	----	$89,954	----	----	----	$89,954	
Construction	----	----	$147,863	----	----	$147,863	
Series 1999C							
Reserve Account	----	$59,586	----	----	----	$59,586	
Revenue Account	----	$1,919,677	----	----	----	$1,919,677	
Redemption Account	----	$339	----	----	----	$339	
Remedial Expenditure	----	$0	----	----	----	$0	
Series 2005							
Reserve Account	----	$58,959	----	----	----	$58,959	
Escrow Deposit Fund	----	$9,644	----	----	----	$9,644	
Prepayment Account	----	$1,978	----	----	----	$1,978	
Revenue Account	----	$1,752,483	----	----	----	$1,752,483	
Remedial Expenditure	----	$0	----	----	----	$0	
Fixed Assets	----	----	----	$8,305,270	----	$8,305,270	
Amount Available/Long-Term Debt	----	----	----	----	$3,973,295	$3,973,295	
Amount to be Provided/Long Term Debt 1999A	----	----	----	----	$549,371	$549,371	
Amount to be Provided/Long Term Debt 1999C	----	----	----	----	$4,680,398	$4,680,398	
Amount to be Provided/Long Term Debt 2005	----	----	----	----	$4,146,936	$4,146,936	
Total Assets	$3,182,464	$3,973,295	$147,863	$8,305,270	$13,350,000	$28,958,891	

Liabilities							
Accounts Payable	$16,083	----	----	----	----	$16,083	
Accrued Principal Payment 1999C	----	$655,000	----	----	----	$655,000	
Accrued Interest Payment 1999C	----	$750,785	----	----	----	$750,785	
Accrued Principal Payment 2005	----	$430,000	----	----	----	$430,000	
Accrued Interest Payment 2005	----	$2,416,758	----	----	----	$2,416,758	
Bonds Payable 1999A	----	----	----	----	$720,000	$720,000	
Bonds Payable 1999C	----	----	----	----	$6,660,000	$6,660,000	
Bonds Payable 2005	----	----	----	----	$5,970,000	$5,970,000	
Fund Equity, Other Credits							
Investments in General Fixed Assets	----	----	----	$8,305,270	----	$8,305,270	
Fund Balances							
Restricted for Debt Service 1999A/B	----	$170,629	----	----	----	$170,629	
Restricted for Debt Service 1999C	----	$573,817	----	----	----	$573,817	
Restricted for Debt Service 2005	----	($1,023,694)	----	----	----	($1,023,694)	
Restricted for Capital Projects 1999A/B	----	----	$147,863	----	----	$147,863	
Assigned for General Fund	$109,797					$109,797	
Unassigned General Fund	$3,056,584	----	----	----	----	$3,056,584	
Total Liabilities, Fund Equity	$3,182,464	$3,973,295	$147,863	$8,305,270	$13,350,000	$28,958,891	
1

INDIGO
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues & Expenditures
As of February 28, 2019

	General Fund
Budget	Prorated Budget
2/28/19	Actual
2/28/19	
Variance	
REVENUES:					
Maintenance Assessments	$801,579	$451,666	$451,666	$0	
Settlement Agreement	$0	$0	$74,500		
Miscellaneous Income	$0	$0	$4,294	$4,294	
City of Daytona Funding	$8,100	$3,375	$0	($3,375)	
Interest Income	$1,000	$417	$3,622	$3,206	
TOTAL REVENUES	$810,679	$455,457	$534,082	$4,125	

EXPENDITURES:					
ADMINISTRATIVE:					
Supervisor Fees	$12,000	$5,000	$4,000	$1,000	
FICA Expense	$918	$383	$306	$77	
Engineering	$5,000	$2,083	$0	$2,083	
Attorney	$32,000	$13,333	$6,258	$7,075	
Annual Audit	$5,000	$5,000	$5,000	$0	
Arbitrage	$1,350	$1,350	$1,350	$0	
Trustee	$3,800	$3,800	$4,089	($289)	
Dissemination Agent	$3,100	$1,292	$1,250	$42	
Special Assessment Roll Preparation	$20,000	$20,000	$20,000	$0	
Management Fees	$56,500	$23,542	$23,542	$0	
Information Technology	$2,800	$1,167	$3,417	($2,250)	
Telephone	$300	$125	$102	$23	
Postage	$1,500	$625	$221	$404	
Insurance	$20,300	$20,300	$18,387	$1,913	
Printing & Binding	$1,500	$625	$684	($59)	
Legal Advertising	$2,500	$1,042	$642	$400	
Other Current Charges	$1,000	$417	$234	$183	
Office Supplies	$350	$146	$71	$75	
Dues, Licenses, Subscriptions	$175	$175	$175	$0	
Office Expense	$6,000	$2,500	$2,500	$0	
TOTAL ADMINISTRATIVE	$176,093	$102,903	$92,227	$10,676	

FIELD:					
Operating Expenses I-95
Landscape Maintenance	
$50,400	
$21,000	
$21,000	
($0)	
Landscape Contingency	$2,000	$833	$0	$833	
Irrigation Repairs & Maintenance	$10,000	$4,167	$0	$4,167	
Mowing	$8,100	$3,375	$0	$3,375	
Lakes	$5,156	$2,148	$1,910	$238	
Plant Replacement & Annuals	$8,000	$3,333	$550	$2,783	
Utilities	$12,000	$5,000	$3,345	$1,655	
Repairs	$10,000	$4,167	$2,401	$1,766	
Miscellaneous	$2,000	$833	$529	$305	
Operating Expenses I-95	$107,656	$44,857	$29,735	$15,122	
	2				

INDIGO
COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND
Statement of Revenues & Expenditures

	General Fund
Budget	Prorated Budget
2/28/19	Actual
2/28/19	
Variance	

Operating Expenses Community Wide
Site Manager	

$31,800	

$13,250	

$13,250	

$0	
Landscape Maintenance	$462,084	$192,535	$174,535	$18,000	
Landscape Contingency	$26,912	$11,213	$2,625	$8,588	
Irrigation Repairs & Maintenance	$30,000	$12,500	$4,496	$8,004	
Lakes	$37,212	$15,505	$15,505	$0	
Plant Replacement & Annuals	$35,000	$14,583	$450	$14,133	
Utilities	$45,000	$18,750	$14,895	$3,855	
Repairs	$65,972	$27,488	$31,548	($4,059)	
Stormwater System	$3,750	$1,563	$0	$1,563	
Sidewalks	$3,000	$1,250	$0	$1,250	
Street Lighting	$0	$0	$0	$0	
Miscellaneous	$15,000	$6,250	$3,172	$3,078	
Conservation Easement Maintenance	$28,000	$11,667	$7,642	$4,025	
Tree Trimming	$43,200	$18,000	$18,000	$0	
Operating Expenses Community Wide	$826,930	$344,554	$286,117	$58,437	
					
TOTAL FIELD	$934,586	$389,411	$315,852	$73,559	
					
TOTAL EXPENDITURES	$1,110,679	$492,314	$408,080	$84,234	

EXCESS REVENUES/					
(EXPENDITURES) AND OTHER SOURCES	($300,000)	-----	$126,002	-----	
FUND BALANCE - BEGINNING	$300,000	-----	$3,040,378	-----	

FUND BALANCE - ENDING	
$0	
-----	
$3,166,380	
-----	

3

INDIGO
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE FUND
Series 1999A
Statement of Revenues & Expenditures As of February 28, 2019

	Debt Service
Budget	Prorated Budget
2/28/19	Actual
2/28/19	
Variance	
REVENUES:					
Special Assessments	$80,675	$66,666	$66,666	$0	
Interest Income	$0	$0	$168	$168	
TOTAL REVENUES	$80,675	$66,666	$66,834	$168	

EXPENDITURES:					
Interest Expense - 11/01	$23,275	$23,275	$23,275	$0	
Principal Expense - 5/01	$35,000	$0	$0	$0	
Interest Expense - 5/01	$23,275	$0	$0	$0	
TOTAL EXPENDITURES	$81,550	$23,275	$23,275	$0	

OTHER SOURCES/(USES)					
Other Debt Service Costs	$0	$0	$0	$0	
TOTAL OTHER	$0	$0	$0	$0	

EXCESS REVENUES/					
(EXPENDITURES) AND OTHER SOURCES	($875)	-----	$43,559	-----	

FUND BALANCE - BEGINNING	
$43,489	
-----	
$127,070	
-----	

FUND BALANCE - ENDING	
$42,614	
-----	
$170,629	
-----	

Fund Balance Calculation		
Reserve Account	$80,675	
Revenue Account	 	$89,954 	
Total Series 1999A Funds Available	 	$170,629 	

4

INDIGO
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE FUND
Series 1999C
Statement of Revenues & Expenditures As of February 28, 2019

	Debt Service
Budget	Prorated Budget
2/28/19	Actual
2/28/19	
Variance	
REVENUES:					
Special Assessments - Tax Collector	$301,980	$262,208	$262,208	$0	
Settlement Agreement	$0	$0	$33,890	$33,890	
Interest Income	$0	$0	$13,517	$13,517	
TOTAL REVENUES	$301,980	$262,208	$309,615	$47,407	

EXPENDITURES:					
Debt Service Obligation	$301,980	$301,980	$0	$301,980	
TOTAL EXPENDITURES	$301,980	$301,980	$0	$301,980	

OTHER SOURCES/(USES)					
Other Debt Service Costs	$0	$0	($29,760)	($29,760)	
TOTAL OTHER	$0	$0	($29,760)	($29,760)	
EXCESS REVENUES					
(EXPENDITURES) AND OTHER SOURCES	$0	-----	$279,855	-----	
FUND BALANCE - BEGINNING	$0	-----	$293,962	-----	

FUND BALANCE - ENDING	
$0	
-----	
$573,817	
-----	

Fund Balance Calculation		
Reserve Account	$59,586	
Revenue Account	$1,919,677	
Redemption Account	$339	
Remedial Expenditure	$0	
Accrued Interest Payable	($750,785)	
Accrued Principal Payable	 	($655,000) 	
Total Series 1999C Funds Available	 	$573,817 	

5

INDIGO
COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE FUND
Series 2005
Statement of Revenues & Expenditures As of February 28, 2019

	Debt Service
Budget	Prorated Budget
2/28/19	Actual
2/28/19	
Variance	
REVENUES:					
Special Assessments - Tax Collector	$87,804	$73,937	$73,937	$0	
Settlement Agreement	$0	$0	$69,094	$69,094	
Interest Income	$0	$0	$13,163	$13,163	
TOTAL REVENUES	$87,804	$73,937	$156,195	$82,258	

EXPENDITURES:					
Debt Service Obligation	$87,804	$0	$0	$0	
Special Call - 6/15	$0	$0	$0	$0	
TOTAL EXPENDITURES	$87,804	$0	$0	$0	

OTHER SOURCES/(USES)					
Other Debt Service Costs	$0	$0	($30,822)	($30,822)	
TOTAL OTHER	$0	$0	($30,822)	($30,822)	

EXCESS REVENUES	 	
(EXPENDITURES) AND OTHER SOURCES	$0	-----	$125,373	-----

FUND BALANCE - BEGINNING	$0	-----	($1,149,067)	-----	

FUND BALANCE - ENDING	
$0	
-----	
($1,023,694)	
-----	

Fund Balance Calculation		
Reserve Account	$58,959	
Escrow Deposit Fund	$9,644	
Prepayment Account	$1,978	
Revenue Account	$1,752,483	
Remedial Expenditure	$0	
Accrued Interest Payable	($2,416,758)	
Accrued Principal Payable	 	($430,000) 	
Total Series 2005 Funds Available	 	($1,023,694) 	

6

INDIGO
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS FUND
Series 1999A
Statement of Revenues & Expenditures
As of February 28, 2019

	Capital Projects	Prorated Budget	Actual		
	Budget	2/28/19	2/28/19	Variance	
REVENUES:					
Interest Income	$0	$0	$186	$186	
TOTAL REVENUES	$0	$0	$186	$186	

EXPENDITURES:					
Capital Outlay	$0	$0	$0	$0	
TOTAL EXPENDITURES	$0	$0	$0	$0	

EXCESS REVENUES	
 					
(EXPENDITURES)	$0	$0	$186	$186	
FUND BALANCE - BEGINNING	$0	-----	$147,677	-----	

FUND BALANCE - ENDING	
$0	
-----	
$147,863	
-----	

7

INDIGO
COMMUNITY DEVELOPMENT DISTRICT

Month to Month Income Statement FY2019

	October	November	December	January	February	March	April	May	June		July	August	September	Total	
REVENUES:															
Maintenance Assessments	$0	$99,341	$329,698	$14,972	$7,655	$0	$0		$0	$0	$0		$0	$0	$451,666	
Settlement Agreement	$0	$0	$0	$0	$74,500	$0	$0		$0	$0	$0		$0	$0	$74,500	
Miscellaneous Income	$0	$4,275	$0	$19	$0	$0	$0		$0	$0	$0		$0	$0	$4,294	
City of Daytona Funding	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	
Interest Income	$680
.	$704	$687	$761	$790	$0	$0		$0	$0	$0		$0	$0	$3,622	
TOTAL REVENUES	$680	$104,319	$330,385	$15,753	$82,945	$0	$0		$0	$0	$0		$0	$0	$534,082	

EXPENDITURES:															
ADMINISTRATIVE:															
Supervisor Fees	$3,000	$0	$1,000	$0	$0	$0	$0		$0	$0	$0		$0	$0	$4,000	
FICA Expense	$230	$0	$77	$0	$0	$0	$0		$0	$0	$0		$0	$0	$306	
Engineering	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	
Attorney	$3,274	$384	$1,797	$804	$0	$0	$0		$0	$0	$0		$0	$0	$6,258	
Annual Audit	$0	$0	$1,500	$3,500	$0	$0	$0		$0	$0	$0		$0	$0	$5,000	
Arbitrage	$0	$0	$0	$0	$1,350	$0	$0		$0	$0	$0		$0	$0	$1,350	
Trustee	$0	$0	$0	$4,089	$0	$0	$0		$0	$0	$0		$0	$0	$4,089	
Dissemination Agent	$250	$250	$250	$250	$250	$0	$0		$0	$0	$0		$0	$0	$1,250	
Special Assessment Roll Preparation	$20,000	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$20,000	
Management Fees	$4,708	$4,708	$4,708	$4,708	$4,708	$0	$0		$0	$0	$0		$0	$0	$23,542	
Information Technology	$233	$233	$233	$233	$2,483	$0	$0		$0	$0	$0		$0	$0	$3,417	
Telephone	$28	$24	$42	$0	$9	$0	$0		$0	$0	$0		$0	$0	$102	
Postage	$93	$4	$102	$15	$8	$0	$0		$0	$0	$0		$0	$0	$221	
Insurance	$18,387	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$18,387	
Printing & Binding	$465	$142	$0	$64	$14	$0	$0		$0	$0	$0		$0	$0	$684	
Legal Advertising	$233	$409	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$642	
Other Current Charges	$51	$40	$39	$51	$54	$0	$0		$0	$0	$0		$0	$0	$234	
Office Supplies	$23	$23	$1	$23	$1	$0	$0		$0	$0	$0		$0	$0	$71	
Dues, Licenses, Subscriptions	$175	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$175	
Office Expense	$500	$500	$500	$500	$500	$0	$0		$0	$0	$0		$0	$0	$2,500	
TOTAL ADMINISTRATIVE	$51,649	$6,715	$10,249	$14,238	$9,376	$0	$0		$0	$0	$0		$0	$0	$92,227	

8

INDIGO
COMMUNITY DEVELOPMENT DISTRICT

Month to Month Income Statement FY2019

	October	November	December	January	February	March	April	May	June		July	August	September	Total	

FIELD:															
Operating Expenses I-95
Landscape Maintenance	
$4,200	
$4,200	
$4,200	
$4,200	
$4,200	
$0	
$0		
$0	
$0	
$0		
$0	$0	
$21,000	
Landscape Contingency	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	
Irrigation Repairs & Maintenance	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	
Mowing	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	
Lakes	$370	$385	$385	$385	$385	$0	$0		$0	$0	$0		$0	$0	$1,910	
Plant Replacement & Annuals	$0	$0	$550	$0	$0	$0	$0		$0	$0	$0		$0	$0	$550	
Utilities	$628	$657	$969	$1,091	$0	$0	$0		$0	$0	$0		$0	$0	$3,345	
Repairs	$1,322	$85	$45	$904	$45	$0	$0		$0	$0	$0		$0	$0	$2,401	
Miscellaneous	$91	$109	$109	$109	$109	$0	$0		$0	$0	$0		$0	$0	$529	
OPERATING EXPENSES I-95	$6,611	$5,436	$6,259	$6,689	$4,739	$0	$0		$0	$0	$0		$0	$0	$29,735	

	October	November	December	January	February	March	April		May		June		July		August		September	Total	
Operating Expenses Community Wide																			
Site Manager	$2,650	$2,650	$2,650	$2,650	$2,650	$0		$0		$0		$0		$0		$0	$0	$13,250	
Landscape Maintenance	$34,907	$34,907	$34,907	$34,907	$34,907	$0		$0		$0		$0		$0		$0	$0	$174,535	
Landscape Contingency	$525	$525	$525	$525	$525	$0		$0		$0		$0		$0		$0	$0	$2,625	
Irrigation Repairs & Maintenance	$726	$1,855	$778	$1,138	$0	$0		$0		$0		$0		$0		$0	$0	$4,496	
Lakes	$3,101	$3,101	$3,101	$3,101	$3,101	$0		$0		$0		$0		$0		$0	$0	$15,505	
Plant Replacement & Annuals	$450	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$450	
Utilities	$2,604	$3,003	$3,193	$3,210	$2,885	$0		$0		$0		$0		$0		$0	$0	$14,895	
Repairs	$6,144	$2,984	$19,446	$2,159	$815	$0		$0		$0		$0		$0		$0	$0	$31,548	
Stormwater System	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Sidewalks	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Street Lighting	$0	$0	$0	$0	$0	$0		$0		$0		$0		$0		$0	$0	$0	
Miscellaneous	$2,734	$109	$109	$109	$109	$0		$0		$0		$0		$0		$0	$0	$3,172	
Conservation Easement Maintenance	$0	$0	$7,642	$0	$0	$0		$0		$0		$0		$0		$0	$0	$7,642	
Tree Trimming	$3,600	$3,600	$3,600	$3,600	$3,600	$0		$0		$0		$0		$0		$0	$0	$18,000	
OPERATING EXPENSES COMMUNITY WIDE	$57,441	$52,734	$75,952	$51,399	$48,592	$0		$0		$0		$0		$0		$0	$0	$286,117	
																			
TOTAL EXPENDITURES	$115,701	$64,885	$92,459	$72,326	$62,708	$0		$0		$0		$0		$0		$0	$0	$408,080	
																			
EXCESS REVENUES/ (EXPENDITURES)	($115,021)	$39,434	$237,926	($56,573)	$20,237	$0		$0		$0		$0		$0		$0	$0	$126,002	

9

INDIGO COMMUNITY DEVELOPMENT DISTRICT
ASSESSMENT RECEIPTS - FY2019

TAX COLLECTOR

UNITS
NET TAX ROLL ASSESSED	4,912.20	$	811,694.98	$ 79,064.20	$ 541,406.55	$	213,013.95	$ 1,645,179.68	

TAX ROLL RECEIVED	RECEIPTS	O&M	1999A	1999C	2005A	REVENUE	
-
11/19/18	$ 80,848.96	$ 67,993.62	$ 2,548.73	$	9,166.53	$	1,140.08	$ 80,848.96	
11/30/18	$ 66,523.93	$ 31,347.04	$ 6,962.50	$ 23,705.11	$	4,509.28	$ 66,523.93	
11/13/18	$	9,626.20	$	6,129.07	$	-	$	3,497.13	$	-	$	9,626.20	
12/5/18	$ 293,387.27	$ 145,977.67	$ 19,005.35	$ 97,098.10	$ 31,306.15	$ 293,387.27	
12/14/18	$ 345,292.29	$ 170,030.38	$ 33,043.21	$ 111,148.09	$ 31,070.61	$ 345,292.29	
12/27/18	$ 10,744.40	$	7,560.74	$	226.18	$	1,539.54	$	1,417.94	$ 10,744.40	
1/11/19	$	6,643.40	$	2,869.94	$	777.88	$	2,426.06	$	569.52	$	6,643.40	
1/14/19	$ 12,924.60	$	6,048.08	$ 1,033.06	$	3,780.99	$	2,062.47	$ 12,924.60	
1/23/19	$ 12,179.32	$	6,054.36	$ 1,524.21	$	4,462.69	$	138.06	$ 12,179.32	
2/5/19	$ 13,159.65	$	6,080.15	$ 1,382.20	$	4,261.74	$	1,435.56	$ 13,159.65	
2/18/19	$	3,146.84	$	1,574.56	$	162.88	$	1,121.70	$	287.70	$	3,146.84	

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

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

TOTAL TAX ROLL RECEIVED	$	854,476.86	$	451,665.61	$ 66,666.20	$ 262,207.68	$	73,937.37	$	854,476.86	

BALANCE DUE TAX ROLL	$	360,029.37	$ 12,398.00	$ 279,198.87	$	139,076.58	$	790,702.82	

PERCENT COLLECTED	55.64%	84.32%	48.43%	34.71%	51.94%

10