Highland Meadows West
Community Development District Agenda
June 15, 2023

Agenda

Highland Meadows West
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

June 8, 2023

Board of Supervisors Highland Meadows West
Community Development District

Dear Board Members:

A meeting of the Board of Supervisors of the Highland Meadows West Community Development District will be held Thursday, June 15, 2023, at 10:00 AM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880

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/82716545053

Call-In Information: 1-646-876-9923	Meeting ID: 827 1654 5053 Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of Minutes of the May 18, 2023, Board of Supervisors Meeting
Consideration of Resolution 2023-04 Updating Local Bank Signatories
Consideration of Resolution 2023-05 Designating an Assistant Treasurer
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Tree Replacing Proposals
Consideration of Added Annual Mowing with Prince & Sons
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Reminder of Form 1 Filing Deadline- July 1, 2023
Other Business
Supervisors Requests and Audience Comments
Adjournment

Minutes

MINUTES OF MEETING HIGHLAND MEADOWS WEST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Highland Meadows West Community Development District was held on Thursday, May 18, 2023 at 10:00 a.m. at The Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida and by Zoom.

Present and constituting a quorum:

Bobbie Henley	Vice Chair
Jessica Kowalski	Assistant Secretary
Jessica Petrucci	Assistant Secretary
Lindsey Roden	Assistant Secretary Also, present were:
Tricia Adams	District Manager, GMS
Meredith Hammock	District Counsel, KVW Law Molly Banfield joined meeting in progress		District Engineer Marshall Tindall	Field Services Manager, GMS

The following is a summary of the discussions and actions taken at the March 16, 2023 Highland Meadows West Community Development District’s Board of Supervisors Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and stated that four Board members were in attendance, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams noted that no members of the public were present nor were any members attending on Zoom to provide comments.

May 18, 2023	Highland Meadows West CDD

THIRD ORDER OF BUSINESS	Approval of Minutes of the March 16,
2023 Board of Supervisors Meeting
Ms. Adams asked for any corrections on the March 16, 2023 Board of Supervisors meeting minutes. The Board had no changes to the minutes.

On MOTION by Ms. Kowalski, seconded by Ms. Henley, with all in favor, the Minutes of the March 16, 2023 Board of Supervisors Meetings, were approved.

FOURTH ORDER OF BUSINESS	Approval	of	Resolution	2023-03
Approving the Fiscal Year 2024 Budget and Setting a Public Hearing
Ms. Adams stated this is a budget being proposed with a level assessment, with the public hearing being scheduled at the regular meeting date. Mr.Van Wyk asked if there were any questions with respect to the budget. The Board had no questions.

On MOTION by Ms. Kowalski, seconded by Ms. Henley, with all in favor, to approve Resolution 2023-03 Approving the Fiscal Year 2024 Budget and Setting a Public Hearing.

FIFTH ORDER OF BUSINESS	Acceptance of Fiscal Year 2022 Draft
Financial Audit Report
Ms. Adams stated this is being presented as a clean audit, there are no deficiencies. The management letter asserts that the District is in compliance with accounting standards and there are no current or prior year findings nor conditions of financial emergencies.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, to accept the Fiscal Year 2022 Draft Financial Audit Report.

SIXTH ORDER OF BUSINESS	Acceptance of Arbitrage Rebate Reports
Series 2020 A2 and A3.
Ms. Adams stated that respectively you will see there is no arbitrage issue and therefore the District does not have a concern.

May 18, 2023	Highland Meadows West CDD

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, to accept the Arbitrage Rebate Reports Series 2020 A2 and A3.

SEVENTH ORDER OF BUSINESS	Staff Reports

Attorney
Mr. Van Wyk had nothing to report.

Engineer
Ms. Adams stated there is Work Authorization 2023-01 from Dewberry in the amount of
$2,000 for the annual engineers inspection to be in compliance with bond indentures. Ms. Adams asked Ms. Banfield is she had anything additional. Ms. Banfield had no further comments.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, to approve Work Authorization 2023-01.

Field Manager’s Report
Ms. Adams stated the need for the ratification of the proposal from Prince & Sons to replace oak tress. Unfortunately, a matter came up with the City of Haines City regarding landscape compliance, we are giving this the utmost attention. There were some areas that are owned and maintained by the District; there are six trees that needed to be replaced. The total amount was
$3,925. We did get authorization from Chairman Arnette to proceed with the replacement.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, to ratify the proposal from Prince & Sons to Replace Oak Trees.

District Manager’s Report

Approval of Check Register

May 18, 2023	Highland Meadows West CDD

Ms. Adams stated the check register was included in the agenda was from March 8th to April 10th, 2023. The total amount is $125,771.30. Ms. Adams asked if there were any questions. The Board had no questions.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the Check Register for $125,771.30, was approved.

Balance Sheet and Income Statement
Ms. Adams stated the balance and income statement was included in the agenda for informational purposes. Also included for informational purposes provided is 617 registered voters that is required to be reported annually.

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

NINTH ORDER OF BUSINESS	Supervisors Requests and Audience
Comments
There being no comments, the next item followed.
TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2023-04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT APPOINTING THE DISTRICT'S APPOINTED TREASURER, ASSISTANT TREASURER, AND SECRET ARY OF THE DISTRICT AS SIGNORS ON THE DISTRICT'S LOCAL BANK ACCOUNT AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Highland Meadows West Community Development District (the "District") is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated entirely within Polk County, Florida; and
WHEREAS, the District's Board of Supervisors desires to appoint the District's appointed Treasurer, Assistant Treasurer, and Secretary as signors on the District's local bank account.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT THAT:
SECTION 1. The District's appointed Treasurer, Assistant Treasurer, and Secretary shall be appointed as signors on the District's local bank account.
SECTION 2.  This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 	day of 	2023.

ATTEST:

Secretary / Assistant Secretary

HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT

Chairperson, Board of Supervisors

Section V

RESOLUTION 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT DESIGNATING AN ASSISTANT TREASURER OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

Whereas, Highland Meadows West Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Polk County, Florida; and

Whereas, the Board of Supervisors of the District desires to appoint an Assistant Treasurer.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  Darrin Mossing is appointed Assistant Treasurer.

SECTION 2.  This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 	day of June 2023.

ATTEST:	HIGHLAND MEADOWS WEST COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Section VI

Section C

Highland Meadows West CDD
Field Management Report

6/15/2023
Marshall Tindall Field Services Manager
GMS

Complete

Landscaping

Landscaper’s work has been satisfactory.
Grass and planters have been kept neat, clean and clear of weeds.
New trees were planted in the common areas. Preparing for rainy season.
Recommend additional pond mows.

Completed

General Maintenance and Site Items

Replaced x2 damaged ada truncated dome matts on the sidewalks.
Minor fence repairs were done.
Working with police to try and address vandalism.
New walking path installed in tract K. Rules signs arrived and were installed.

In Progress

City Violation Notices

Our team is working hard to alert residents of violation notices to allow them to take action themselves.
We reviewed city’s list, and are proactively monitoring for other areas with HOA to seek resolution.
Gathering proposal for new trees as a cautionary measure.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-346-2453 or by email at mtindall@gmscfl.com. Thank you.

Respectfully, Marshall Tindall

Section 1

to be provided under separate cover

Section 2

to be provided under separate cover

Section D

Section 1

Highland Meadows West Community Development District

Summary of Check Register

April 11, 2023 to June 7, 2023

Fund	Date	Check No.'s	Amount

General Fund		
	4/12/23	443	$	144.86	
	4/27/23	444-447	$	22,258.21	
	5/3/23	448	$	100.09	
	5/8/23	449	$	4,585.46	
	5/17/23	450-451	$	4,378.67	
	5/25/23	452	$	4,745.18	
	6/1/23	453	$	2,950.72	
		Total Amount	$	39,163.19	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/08/23	PAGE	1
*** CHECK DATES 04/11/2023 - 06/07/2023 ***	HIGHLAND MEADOWS WEST-GF
BANK A HIGHLAND MEADOW WEST
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/12/23 00020	3/21/23 69041MAR 202303 320-53800-43200	*	88.00
1141 CATSKILL IRRIGATION
3/21/23 69042MAR 202303 320-53800-43200	*	56.86
809 TETON TRACK IRRIG
CITY OF HAINES CITY	144.86 000443
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/27/23 00015	3/30/23 15	202303 310-51300-32200	*	3,000.00
AUDIT SERVICE FYE-9/30/22
CARR, RIGGS, & INGRAM, LLC	3,000.00 000444
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/27/23 00037	4/25/23 2268065	202303 310-51300-31100	*	110.00
ENGINEERING SVCS-MAR23
DEWBERRY ENGINEERS, INC	110.00 000445
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/27/23 00001	4/01/23 156	202304 310-51300-34000	*	3,154.42
MANAGEMENT FEES-APR23
4/01/23 156	202304 310-51300-35200	*	100.00
WEBSITE ADMIN-APR23
4/01/23 156	202304 310-51300-35100	*	150.00
INFORMATION TECH-APR23
4/01/23 156	202304 310-51300-31300	*	500.00
DISSEMINATION SVCS-APR23
4/01/23 156	202304 310-51300-51000	*	.66
OFFICE SUPLIES
4/01/23 156	202304 310-51300-42000	*	71.48
POSTAGE
4/01/23 156	202304 310-51300-42500	*	2.25
COPIES
4/01/23 157	202304 320-53800-12000	*	656.25
FIELD MANAGEMENT-APR23
GOVERNMENTAL MANAGEMENT SERVICES	4,635.06 000446
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/27/23 00026	3/27/23 8402	202303 320-53800-47300	*	354.48
IRRIGATION REPAIRS
3/31/23 8524	202303 320-53800-46300	*	9,880.00
190 MINI PINE BARK MULCH
4/01/23 8491	202304 320-53800-46200	*	4,278.67
LANDSCAPE MAINT-APR23
PRINCE & SONS INC.	14,513.15 000447
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/03/23 00026	4/13/23 8613	202304 320-53800-47300	*	100.09
RPLCD HEADS/NOZZLES
PRINCE & SONS INC.	100.09 000448
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/23 00001	5/01/23 158	202305 310-51300-34000	*	3,154.42
MANAGEMENT FEES-MAY23
HIMW --HIGH WEST--	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/08/23	PAGE	2
*** CHECK DATES 04/11/2023 - 06/07/2023 ***	HIGHLAND MEADOWS WEST-GF
BANK A HIGHLAND MEADOW WEST

DATE	DATE	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	
	5/01/23	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
158	202305 310-51300-35200	*	100.00
WEBSITE ADMIN-MAY23
158	202305 310-51300-35100	*	150.00
INFORMATION TECH-MAY23
158	202305 310-51300-31300	*	500.00
DISSEMINATION SVCS-MAY23
158	202305 310-51300-51000	*	.75
OFFICE SUPLIES
158	202305 310-51300-42000	*	24.04
POSTAGE
159	202305 320-53800-12000	*	656.25
FIELD MANAGEMENT-MAY23
GOVERNMENTAL MANAGEMENT SERVICES	4,585.46 000449
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/17/23 00052	4/26/23 9670	202304 320-53800-49000	*	100.00
MONTHLY SVC MAIL TRASH CO
CLEAN STAR SERVICES OF CENTRAL FL	100.00 000450
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/17/23 00026	5/01/23 8800	202305 320-53800-46200	*	4,278.67
LANDSCAPE MAINT-MAY23
PRINCE & SONS INC.	4,278.67 000451
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/25/23 00024	5/23/23 05232023 202305 300-20700-10200	*	2,855.70
ASSESS TRNSF S2019
5/23/23 05232023 202305 300-20700-10200	*	1,395.64
ASSESS TRNSF S2020 A-2
5/23/23 05232023 202305 300-20700-10200	*	493.84
ASSESS TRNSF S2020 A-3
HIGHLAND MEADOWS WEST CDD C/O	4,745.18 000452
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/01/23 00041	5/18/23 BH051820 202305 310-51300-11000	*	200.00
BOS MEETING 5/18/23
BOBBIE HENLEY	200.00 000453
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/01/23 00051	5/18/23 JP051820 202305 310-51300-11000	*	200.00
BOS MEETING 5/18/23
JESSICA PETRUCCI	200.00 000454
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/01/23 00043	5/18/23 JK051820 202305 310-51300-11000	*	200.00
BOS MEETING 5/18/23
JESSICA KOWALSKI	200.00 000455
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/01/23 00036	4/14/23 6469	202303 310-51300-31500	*	2,074.72
GENERAL COUNSEL MAR 23
5/15/23 6620	202304 310-51300-31500	*	76.00
GENERAL COUNSEL APR 23
KILINSKI / VAN WYK, PLLC	2,150.72 000456
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HIMW --HIGH WEST--	CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/08/23	PAGE	3
*** CHECK DATES 04/11/2023 - 06/07/2023 ***	HIGHLAND MEADOWS WEST-GF
BANK A HIGHLAND MEADOW WEST
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/01/23 00044	5/18/23 LR051820 202305 310-51300-11000	*	200.00
BOS MEETING 5/18/23
LINDSEY RODEN	200.00 000457
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	39,163.19
TOTAL FOR REGISTER	39,163.19

HIMW --HIGH WEST--	CWRIGHT

Section 2

Highland Meadows West
Community Development District

Unaudited Financial Reporting
April 30,2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2019	

5	
	Debt Service Fund Series 2020 A2	

6	
	Debt Service Fund Series 2020 A3	

7	
	Capital Projects Fund Series 2019	

8	
	Capital Projects Fund Series 2020 A2	

9	
	Capital Projects Fund Series 2020 A3	

10-11	
	Month to Month	

12	
	Long Term Debt Report	

13	
	Assessment Receipt Schedule	

Highland Meadows West
Community Development District Combined Balance Sheet
April 30, 2023

General Fund

Debt Service Fund

Capital Projects Fund

Totals Governmental Funds

Assets:
Cash:
Operating Account	

$	355,598	

$	

-	

$	

-	

$	355,598	
Investments:
Series 2019							
Reserve	$	-	$	160,125	$	-	$	160,125	
Revenue	$	-	$	344,272	$	-	$	344,272	
Prepayment
Series 2020A2	$	-	$	1,053	$	-	$	1,053	
Reserve	$	-	$	78,728	$	-	$	78,728	
Revenue	$	-	$	171,272	$	-	$	171,272	
Construction Series 2020A3
Reserve	$	-	$	-	$

$	-	$	27,886	$	1	$	1

-	$	27,886	
Revenue	$	-	$	61,364	$	-	$	61,364	
Construction	$	-	$	-	$	1	$	1	
Due from General Fund	$	-	$	4,745	$	-	$	4,745	
Prepaid Expenses	$	2,671	$	-	$	-	$	2,671	
Total Assets	$	358,269	$	849,446	$	2	$	1,207,717	
Liabilities:
Accounts Payable	
$	2,351	
$	
-	$	
-	
$	2,351	
Due to Debt Service	$	4,745	$	-	$	-	$	4,745	
Total Liabilites	$	7,096	$	-	$	-	$	7,096	
Fund Balance:
Nonspendable: Prepaid Items	

$	2,671	

$	

-	$	

-	

$	2,671	
Restricted for:							
Debt Service - Series 2019	$	-	$	508,306	$	-		$	508,306	
Debt Service - Series 2020A2	$	-	$	251,396	$	-		$	251,396	
Debt Service - Series 2020A3	$	-	$	89,744	$	-		$	89,744	
Capital Projects - Series 2020A2	$	-	$	-	$		1	$	1	
Capital Projects - Series 2020A3	$	-	$	-	$		1	$	1	
Assigned for:					
Unassigned	$	348,502	$	-	$	-	$	348,502	
Total Fund Balances	$	351,173	$	849,446	$	2	$	1,200,621	
					
Total Liabilities & Fund Balance	$	358,269	$	849,446	$	2	$	1,207,717	

Highland Meadows West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Revenues:		
Assessments - Tax Roll	$	434,731	$	434,731	$	433,479	$	(1,253)	
Other Revenue	$	-	$	-	$	60	$	60	
Total Revenues	$	434,731	$	434,731	$	433,539	$	(1,193)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	7,000	$	2,400	$	4,600	
Engineering	$	15,000	$	8,750	$	450	$	8,300	
District Counsel	$	18,961	$	11,061	$	7,396	$	3,665	
Annual Audit	$	6,100	$	6,100	$	5,000	$	1,100	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	900	$	450	$	450	$	-	
Dissemination	$	6,000	$	3,500	$	3,500	$	-	
Trustee Fees	$	10,438	$	8,580	$	8,580	$	-	
Management Fees	$	37,853	$	22,081	$	22,081	$	(0)	
Information Technology	$	1,800	$	1,050	$	1,050	$	-	
Website Maintenance	$	1,200	$	700	$	700	$	-	
Postage & Delivery	$	950	$	554	$	560	$	(6)	
Office Supplies	$	1,000	$	583	$	17	$	566	
Copies	$	500	$	292	$	36	$	256	
Insurance	$	6,684	$	6,684	$	5,988	$	696	
Legal Advertising	$	2,500	$	1,458	$	1,006	$	452	
Other Current Charges	$	972	$	567	$	270	$	297	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Subtotal General & Administrative	$	128,033	$	84,585	$	64,659	$	19,925	

Highland Meadows West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Operations & Maintenance		
Field Expenditures
Property Insurance	
$	2,206	
$	2,206	
$	3,163	
$	(957)	
Field Management	$	7,875	$	4,594	$	4,594	$	-	
Interlocal Amenity Agreement	$	92,626	$	92,626	$	92,626	$	-	
Playground Lease	$	30,000	$	17,500	$	17,344	$	156	
Landscape Maintenance	$	53,911	$	31,448	$	29,951	$	1,498	
Landscape Replacement	$	18,000	$	10,500	$	9,880	$	620	
Streetlights	$	19,800	$	11,550	$	10,361	$	1,189	
Electric	$	5,280	$	3,080	$	3,481	$	(401)	
Water & Sewer	$	1,000	$	583	$	1,576	$	(992)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,458	$	-	$	1,458	
Irrigation Repairs	$	6,000	$	3,500	$	1,776	$	1,724	
General Repairs & Maintenance	$	10,000	$	5,833	$	2,353	$	3,480	
Contingency	$	7,500	$	4,375	$	1,540	$	2,835	
Subtotal Operations & Maintenance	$	256,698	$	189,254	$	178,644	$	10,610	
					
Total Expenditures	$	384,731	$	273,838	$	243,303	$	30,535	
					
Excess (Deficiency) of Revenues over Expenditures	$	50,000	$	160,893	$	190,235	$	(31,728)	

Other Financing Sources/(Uses):					
Transfer In/(Out) - Capital Reserves	$	(50,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(50,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	190,235		
					
Fund Balance - Beginning	$	-		$	160,938		
					
Fund Balance - Ending	$	-		$	351,173		

Highland Meadows West
Community Development District Debt Service Fund Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Revenues:					
Assessments	$	322,524	$	322,524	$	321,593	$	(931)	
Interest Income	$	-	$	-	$	6,048	$	6,048	
Total Revenues	$	322,524	$	322,524	$	327,642	$	5,118	

Expenditures:					
Interest - 11/1	$	114,819	$	114,819	$	114,819	$	-	
Principal - 11/1	$	90,000	$	90,000	$	90,000	$	-	
Interest - 5/1	$	113,019	$	-	$	-	$	-	
Total Expenditures	$	317,838	$	204,819	$	204,819	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	4,687	$	117,705	$	122,823	$	5,118	
					
Fund Balance - Beginning	$	222,303		$	385,483		
					
Fund Balance - Ending	$	226,990		$	508,306		

Highland Meadows West
Community Development District Debt Service Fund Series 2020 A2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Revenues:					
Assessments	$	157,625	$	157,625	$	157,170	$	(455)	
Interest Income	$	-	$	-	$	2,814	$	2,814	
Total Revenues	$	157,625	$	157,625	$	159,983	$	2,359	

Expenditures:					
Interest - 11/1	$	49,159	$	49,159	$	49,159	$	-	
Principal - 5/1	$	60,000	$	-	$	-	$	-	
Interest - 5/1	$	49,159	$	-	$	-	$	-	
Total Expenditures	$	158,319	$	49,159	$	49,159	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(694)	$	108,465	$	110,824	$	2,359	
					
Net Change in Fund Balance	$	(694)		$	110,824		
					
Fund Balance - Beginning	$	60,499		$	140,572		
					
Fund Balance - Ending	$	59,805		$	251,396		

Highland Meadows West
Community Development District Debt Service Fund Series 2020 A3
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Revenues:					
Assessments	$	55,775	$	55,775	$	55,614	$	(161)	
Interest Income	$	-	$	-	$	1,009	$	1,009	
Total Revenues	$	55,775	$	55,775	$	56,623	$	848	

Expenditures:					
Interest - 11/1	$	16,922	$	16,922	$	16,922	$	-	
Principal - 5/1	$	20,000	$	-	$	-	$	-	
Interest - 5/1	$	16,922	$	-	$	-	$	-	
Total Expenditures	$	53,844	$	16,922	$	16,922	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	1,931	$	38,853	$	39,701	$	848	
					
Net Change in Fund Balance	$	1,931		$	39,701		
					
Fund Balance - Beginning	$	21,680		$	50,042		
					
Fund Balance - Ending	$	23,611		$	89,744		

Highland Meadows West
Community Development District Capital Projects Fund Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/23	Thru 04/30/23	Variance	

Revenues		
Developer Contribution	$	-	$	-	$	11,165	$	11,165	
Total Revenues	$	-	$	-	$	11,165	$	11,165	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	11,165	

$	(11,165)	
Total Expenditures	$	-	$	-	$	11,165	$	(11,165)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	-	$	22,331	
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	-		

Highland Meadows West
Community Development District Capital Projects Fund Series 2020 A2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

	Adopted	Prorated Budget	Actual		
		Budget	Thru 04/30/23	Thru 04/30/23	Variance	
Revenues					
Developer Contribution	$		-	$	-	$	11,834	$	11,834	
Total Revenues	$		-	$	-	$	11,834	$	11,834	

Expenditures:
Capital Outlay	

$		

-	$	-	$	11,834	

$	(11,834)	
Total Expenditures	$		-	$	-	$	11,834	$	(11,834)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	-	$	-	$	23,668	
					
Fund Balance - Beginning	$		-	$	1		
					
Fund Balance - Ending	$		-	$	1		

Highland Meadows West
Community Development District Capital Projects Fund Series 2020 A3
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2023

		Adopted	Prorated Budget	Actual		
		Budget	Thru 04/30/23	Thru 04/30/23	Variance	
Revenues

Developer Contribution	

$		

-	$	-	$	11,450	

$	11,450	
Total Revenues	$		-	$	-	$	11,450	$	-	

Expenditures:

Capital Outlay	

$		

-	$	-	$	11,450	

$	(11,450)	
Total Expenditures	$		-	$	-	$	11,450	$	(11,450)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	-	$	-	$	11,450	
					
Net Change in Fund Balance	$		-	$	-		
					
Fund Balance - Beginning	$		-	$	1		
					
Fund Balance - Ending	$		-	$	1		

Highland Meadows West
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll	$	-	$	5,999	$	414,254	$	6,318	$	2,031	$	1,026	$	3,849	$	-	$	-	$	-	$	-	$	-	$	433,479	
Total Revenues	$	-	$	5,999	$	414,254	$	6,318	$	2,031	$	1,056	$	3,879	$	-	$	-	$	-	$	-	$	-	$	433,539	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	-	$	-	$	800	$	-	$	800	$	800	$	-	$	-  $	-  $	-  $	-  $	-  $	2,400	
Engineering	$	230	$	-	$	-	$	-	$	110	$	110	$	-	$	-  $	-  $	-  $	-  $	-  $	450	
District Counsel	$	151	$	325	$	3,743	$	70	$	958	$	2,075	$	76	$	-  $	-  $	-  $	-  $	-  $	7,396	
Annual Audit	$	-	$	-	$	-	$	2,000	$	-	$	3,000	$	-	$	-  $	-  $	-  $	-  $	-  $	5,000	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,000	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	450	$	-	$	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	500	$	500	$	500	$	500	$	500	$	500	$	500	$	-  $	-  $	-  $	-  $	-  $	3,500	
Trustee Fees	$	4,840	$	-	$	-	$	-	$	-	$	3,740	$	-	$	-  $	-  $	-  $	-  $	-  $	8,580	
Management Fees	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	3,154	$	-  $	-  $	-  $	-  $	-  $	22,081	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	-  $	-  $	-  $	1,050	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	-  $	-  $	-  $	700	
Postage & Delivery	$	2	$	4	$	3	$	165	$	8	$	307	$	71	$	-  $	-  $	-  $	-  $	-  $	560	
Office Supplies	$	0	$	0	$	0	$	1	$	0	$	15	$	1	$	-  $	-  $	-  $	-  $	-  $	17	
Printing & Binding	$	-	$	-	$	3	$	-	$	10	$	21	$	2	$	-  $	-  $	-  $	-  $	-  $	36	
Insurance	$	5,988	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,988	
Legal Advertising	$	-	$	1,006	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	1,006	
Other Current Charges	$	39	$	38	$	39	$	38	$	39	$	39	$	39	$	-  $	-  $	-  $	-  $	-  $	270	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	20,329	$	5,278	$	8,492	$	6,178	$	5,829	$	14,461	$	4,094	$	-  $	-  $	-  $	-  $	-  $	64,659	

Highland Meadows West
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Operations & Maintenance

Field Expenditures Property Insurance Field Management
Interlocal Amenity Agreement Playground Lease
Landscape Maintenance Landscape Replacement Streetlights
Electric
Water & Sewer Irrigation Repairs
General Repairs & Maintenance Contingency
Security

$	3,163  $
$	656  $
$	-  $
$	2,478  $
$	4,279  $
$	-  $
$	1,463  $
$	410  $
$	26  $
$	-  $
$	-  $
$	640  $
$	-  $

-  $
656  $
-  $
2,478  $
4,279  $
-  $
1,463  $
354  $
433  $
216  $
2,075  $
-  $
-  $

-  $
656  $
-  $
2,478  $
4,279  $
-  $
1,463  $
398  $
404  $
131  $
-  $
-  $
-  $

-  $
656  $
-  $
2,478  $
4,279  $
-  $
1,489  $
447  $
408  $
511  $
278  $
-  $
-  $

-  $
656  $
-  $
2,478  $
4,279  $
-  $
1,492  $
852  $
160  $
180  $
-  $
-  $
-  $

-  $
656  $
92,626  $
2,478  $
4,279  $
9,880  $
1,491  $
519  $
145  $
638  $
-  $
800  $
-  $

-  $
656  $
-  $
2,478  $
4,279  $
-  $
1,500  $
501  $
-  $
100  $
-  $
100  $
-  $

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

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

-  $	3,163
-  $	4,594
-  $	92,626
-  $	17,344
-  $	29,951
-  $	9,880
-  $	10,361
-  $	3,481
-  $	1,576
-  $	1,776
-  $	2,353
-  $	1,540
-  $	-

Other Financing Sources/Uses:

Transfer In/(Out) - Capital Reserves

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	(33,443) $	(11,232) $	395,954  $	(10,405) $	(13,893) $	(126,916)  $	(9,829) $	-  $	-  $	-  $	-  $	-  $	190,235

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(33,443)  $	(11,232)  $	395,954  $	(10,405)  $	(13,893)  $	(126,916)  $	(9,829)  $	-  $	-  $	-  $	-  $	-  $	190,235

Total Expenditures	$	33,443  $	17,231  $	18,300  $	16,724  $	15,925  $	127,972  $	13,708  $	-  $	-  $	-  $	-  $	-  $	243,303

Total Operations & Maintenance	$	13,114  $	11,954  $	9,808  $	10,545  $	10,096  $	113,512  $	9,614  $	-  $	-  $	-  $	-  $	-  $	178,644

Highland Meadows West
Community Development District Long Term Debt Report

SERIES 2019, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	4.000%, 4.125%, 4.875%, 5.000%	
MATURITY DATE:	11/1/2049	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$160,125	
RESERVE FUND BALANCE	$160,125	
BONDS OUTSTANDING - 04/25/19	$6,385,000	
LESS: SPECIAL CALL - 05/01/20	($500,000)	
LESS: SPECIAL CALL - 08/01/20	($885,000)	
LESS: PRINCIPAL PAYMENT - 11/01/20	($105,000)	
LESS: SPECIAL CALL - 11/01/20	($30,000)	
LESS: PRINCIPAL PAYMENT - 11/01/21	($85,000)	
LESS: PRINCIPAL PAYMENT - 11/01/22	($90,000)	
CURRENT BONDS OUTSTANDING	$4,690,000	

SERIES 2020 ASSESSMENT AREA 2, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	2.875%, 3.250%, 3.625%, 4.000%	
MATURITY DATE:	5/1/2050	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$78,728	
RESERVE FUND BALANCE	$78,728	
BONDS OUTSTANDING - 02/18/20	$2,770,000	
LESS: PRINCIPAL PAYMENT - 05/01/21	($55,000)	
LESS: PRINCIPAL PAYMENT - 05/01/22	($55,000)	
CURRENT BONDS OUTSTANDING	$2,660,000	

SERIES 2020 ASSESSMENT AREA 3, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATE:	2.875%, 3.250%, 3.625%, 4.000%	
MATURITY DATE:	5/1/2050	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$27,886	
RESERVE FUND BALANCE	$27,886	
BONDS OUTSTANDING - 02/18/20	$955,000	
LESS: PRINCIPAL PAYMENT - 05/01/21	($20,000)	
LESS: PRINCIPAL PAYMENT - 05/01/22	($20,000)	
CURRENT BONDS OUTSTANDING	$915,000	

Highland Meadows West
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessment	$ 467,454.78	$ 346,800.16	$ 169,488.80	$  59,972.96	$ 1,043,716.70	
	Net Assessments	$ 434,732.95	$ 322,524.15	$ 157,624.58	$  55,774.85	$  970,656.53	
ON ROLL ASSESSMENTS		
44.79%	
33.23%	
16.24%	
5.75%	
100.00%	

Special Assessment Receipts Fiscal Year 2023

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2019 Debt Service	2020 A-2 Debt
Service	2020 A-3 Debt
Service	
Total	

11/16/22	
ACH	
$2,361.35	
($94.45)	
($45.34)	
$0.00	
$2,221.56	
$994.98	
$738.17	
$360.76	
$127.65	
$2,221.56	
11/21/22	ACH	$4,722.70	($188.90)	($90.68)	$0.00	$4,443.12	$1,989.96	$1,476.33	$721.52	$255.31	$4,443.12	
11/25/22	ACH	$0.00	$0.00	$0.00	$65.68	$65.68	$29.42	$21.82	$10.67	$3.77	$65.68	
11/25/22	ACH	$7,084.05	($283.38)	($136.01)	$0.00	$6,664.66	$2,984.94	$2,214.49	$1,082.27	$382.96	$6,664.66	
12/12/22	ACH	$59,033.75	($2,361.25)	($1,133.45)	$0.00	$55,539.05	$24,874.56	$18,454.19	$9,018.97	$3,191.33	$55,539.05	
12/21/22	ACH	$913,842.45	($36,552.69)	($17,545.80)	$0.00	$859,743.96	$385,057.96	$285,670.76	$139,613.53	$49,401.71	$859,743.96	
12/23/22	ACH	$21,252.15	($755.62)	($409.93)	$0.00	$20,086.60	$8,996.29	$6,674.26	$3,261.86	$1,154.20	$20,086.61	
12/31/22	1% Admin	($10,437.17)	$0.00	$0.00	$0.00	($10,437.17)	($4,674.54)	($3,468.00)	($1,694.89)	($599.73)	($10,437.16)	
01/13/23	ACH	$14,843.71	($448.65)	($287.90)	$0.00	$14,107.16	$6,318.24	$4,687.45	$2,290.86	$810.61	$14,107.16	
02/16/23	ACH	$5,856.10	($1,227.84)	($92.57)	$0.00	$4,535.69	$2,031.42	$1,507.09	$736.55	$260.63	$4,535.69	
03/17/23	ACH	$2,361.35	($23.62)	($46.75)	$0.00	$2,290.98	$1,026.07	$761.23	$372.03	$131.64	$2,290.97	
04/26/23	ACH	$8,769.79	$0.00	($175.40)	$0.00	$8,594.39	$3,849.21	$2,855.69	$1,395.64	$493.84	$8,594.38	
	TOTAL	$  1,029,690.23	$	(41,936.40)	$ (19,963.83)	$	65.68	$ 967,855.68	$ 433,478.51	$ 321,593.48	$ 157,169.77	$  55,613.92	$  967,855.68	

100%
$	2,800.85

Net Percent Collected
Balance Remaining to Collect