Lakeside Preserve Community Development District
12051 Corporate Boulevard, Orlando, FL 32817; 407-723-5900 www.lakesidepreservecdd.org
The following is the proposed agenda for the Board of Supervisors meeting for the Lakeside Preserve Community Development District, scheduled to be held Thursday, May 14, 2020 at 11:30 a.m. via conference call due to the COVID-19 Executive Order 20-69. Attached to this Agenda is a copy of the Executive Order 20-69. Questions or comments on the Board Meeting or proposed agenda may be addressed to Jane Gaarlandt at gaarlandtj@pfm.com or (407) 723- 5900. The attendance of three Board Members is required to constitute a quorum.
To attend the meeting, please use the below conference call information: Phone:	1-844-621-3956
Access Code:	790 393 986 #
PROPOSED BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters
Roll Call to Confirm Quorum
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]
Consideration of Minutes of the January 9, 2020 Board of Supervisors’ Meeting
Consideration of Letter from Supervisor of Election Regarding Qualified Electors

Business Matters
Consideration of Resolution 2020-06, Approving a Proposed Budget for Fiscal Year 2020-2021 and Setting a Public Hearing Date Thereon [suggested date: July 16, 2020]
Consideration of Resolution 2020-07, Adopting Internal Control Policy
Ratification of Fiscal Year 2019 Auditor Engagement Letter
Ratification of Payment Authorization Nos. 69 – 84
Review of Monthly Financials

Other Business Staff Reports
District Counsel District Engineer District Manager
Supervisor Requests and Audience Comments Adjournment

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-69
(Emergency Management- COVID-19 -  Local Government Public Meetings)

WHEREAS, on March 1, 2020, I issued Executive Order 20-51 directing the Florida Department of Health to issue a Public Health Emergency as a result of COVID-19; and
WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the State of Florida as a result of COVID-19; and
WHEREAS, on March 9, 2020, I issued Executive Order 20-52 declaring a state of emergency for the entire State of Florida as a result of COVID-19; and
WHEREAS, on March 16, 2020, President Donald J. Trump and the Centers for Disease Control and Prevention ("CDC") issued the "15 Days to Slow the Spread" guidance advising individuals to adopt far-reaching social distancing measures, such as working from home and avoiding gatherings of more than 10 people; and
WHEREAS, on March 17, 2020, I wrote a letter to Attorney General Ashley  Moody seeking an advisory opinion regarding concerns raised by local government bodies  about  their ability to hold meetings through teleconferencing and other technological means in order to protect the public and follow the CDC guidance regarding social distancing; and
WHEREAS, on March 19, 2020, Attorney General Ashley Moody delivered an opinion to me indicating that certain provisions of Florida law require a physical quorum be present for local government bodies to conduct official business, and that local government bodies may only conduct meetings by teleconferencing or other technological means if either a statute permits a quorum to be present by means other than in person, or that the in person requirement for constituting a quorum is lawfully suspended during the state of emergency; and

WHEREAS, it is necessary and appropriate to take action to ensure  that  COVID-19 remains controlled , and that residents and visitors in Florida remain safe and secure;
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by rticle IV, Section (l)(a) of the Florida Constitution , Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:
Section 1.	I hereby suspend any Florida Statute that requires a quorum to be present in

person or requires a local government body to meet at a specific public place.

Section 2.	Local government  bodies may utilize communications media technology,

such as telephonic and video conferencing, as provided in section 120.54(5)(b)2., Florida Statutes.

Section 3. This Executive Order does not waive any other requirement  under the  Florida Constitution and "Florida's Government in the Sunshine Laws," including Chapter 286, Florida Statutes.
Section 4.	This Executive Order shall expire at the expiration of Executive Order 20- 52, including any extension.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 20th da T of March, 20
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Lakeside Preserve Community Development District

Minutes

MINUTES OF MEETING

LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Thursday, January 9, 2019 at 11:31 a.m. The Offices of Highland Homes
3020 South Florida Avenue, Suite 101
Lakeland Florida 33803

Board Members present at roll call:

Lee Saunders	Chairman
Brian Walsh	Assistant Secretary
Jeffery Shenefield	Assistant Secretary
Dan Lewis	Assistant Secretary Also Present:
Michelle Rigoni	Hopping Green & Sams, P.A.
Jane Gaarlandt	PFM Group Consulting LLC
Dexter Glasgow	PFM Group Consulting LLC

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

The meeting was called to order at approximately 11:31 a.m. Those in attendance are outlined above.

SECOND ORDER OF BUSINESS	Public Comment Period

There were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration of Minutes of the December 12, 2019 Board of Supervisors Meeting

The Board reviewed the minutes of the December 12, 2019 Board of Supervisors Meeting.

ON MOTION by Mr. Saunders, seconded by Mr. Shenefield, with all in favor, the Board approved the minutes of the December 12, 2019 Board of Supervisors Meeting.

FOURTH ORDER OF BUSINESS	Public Hearing on the Adoption of the Amended and Restated Rules of Procedure
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020- 05, Adopting the Amended and Restated Rules of Procedure.

Ms. Gaarlandt stated that the required notices for today’s public hearing were published in accordance with Florida Statutes. She requested a motion to open the public hearing on the adoption of the Amended and Restated Rules of Procedure.

ON MOTION by Mr. Walsh, seconded by Mr. Saunders, with all in favor, the Board opened the Public Hearing.

Ms. Gaarlandt noticed for the record that no members of the public were present. She requested a motion to close the public hearing.

ON MOTION by Mr. Saunders, seconded by Mr. Shenefield, with all in favor, the Board closed the Public Hearing.

Ms. Gaarlandt explained that these are the same Rules of Procedure that were originally presented when the public hearing date was set. Ms. Rigoni updated the Board about the Legislative session. There is some additional flexibility for Board authorization but there are no updates since the Board previously saw the rules. The Board reviewed Resolution 2020-05.

ON MOTION by Mr. Saunders, seconded by Mr. Shenefield with all in favor, the Board approved Resolution 2020-05, Adopting the Amended and Restated Rules of Procedure.

FIFTH ORDER OF BUSINESS	Consideration of Agreement between the District and Polk County Property Appraiser

Ms. Gaarlandt explained that some Counties require that the District get a new agreement signed every year. Polk County is one of those Counties. There were no changes to the agreement since last year.

Ms. Rigoni also reviewed the agreement and noted that it has all the statutory requirements. This is the Agreement that the District needs to enter into with the County Property Appraiser to be able to put the District’s assessments on their tax roll.

ON MOTION by Mr. Saunders, seconded by Mr. Lewis, with all in favor, the Board Agreement between the District and Polk County Property Appraiser.

SIXTH ORDER OF BUSINESS	Consideration of Gate Tech Inc.
Proposals for Pedestrian Gate

Ms. Rigoni explained that this was tabled just in case any new information came about. She received confirmation from the District Engineer that the sidewalks are on the HOA road and it is up to the HOA to decide whether they would like the Pedestrian Gate installed or not. No action was required by the Board.

SEVENTH ORDER OF BUSINESS	Consideration of Easement Agreement between the District and Heritage Baptist Church

Ms. Rigoni noted that the Board previously consented to the Church’s request to allow it to connect its utility lines to the CDD’s. At the last Supervisors meeting the Board reviewed the legal sketch that Heritage Baptist Church provided and saw that it was sufficient. The Board previously authorized District staff to draft the form of easement agreement. Ms. Rigoni sent it to Ms. Gaarlandt to send over to the Church but she has not received any feedback from the Church. This Agreement formalizes the Easement Agreement with the Church.

Mr. Lewis asked when the Easement Agreement would be ready. Ms. Rigoni responded that it is ready to be executed and recorded if approved by the Board today.

ON MOTION by Mr. Saunders, seconded by Mr. Lewis, with all in favor, the Board approved the Easement Agreement between the District and Heritage Baptist Church.

Ms. Rigoni noted that for future reference she typically asks the Board to delegate authority to the Chair or Vice-Chair to finalize the agreements in between Board meetings, Board willing, and then bring it back for ratification.

EIGHTH ORDER OF BUSINESS	Ratification of Payment Authorization Nos. 67 - 68

The Board reviewed Payment Authorization Nos. 67 - 68. Ms. Gaarlandt noted these have previously been approved by the Chair and just need to be ratified by the Board.

ON MOTION by Mr. Walsh, seconded by Mr. Saunders, with all in favor, the Board ratified Payment Authorization Nos. 67 - 68.

NINTH ORDER OF BUSINESS	Review of Monthly Financials

The Board reviewed the Monthly Financials through December 31, 2019. There was no action required by the Board.

TENTH ORDER OF BUSINESS	Staff Reports District Counsel –	No Report
District Engineer –	Not Present

District Manager –	No Report

TENTH ORDER OF BUSINESS	Supervisor Requests and Audience Comments

Mr. Lewis asked about broken irrigation system. He forwarded the information to Ms. Gaarlandt. Mr. Glasgow stated that the Landscaper turned down the irrigation system because he felt the frequency was too high and the islands were too wet. Mr. Glasgow went out before the meeting and noted that it is too dry and it needs to be turned up more.

Mr. Lewis stated that Frontier cut the line. They fixed the pipe but the wiring that was in there got shorted and it may have taken out the control panel. The landscaping company wants to send out their vendor for the irrigation installation to see what is going on. Mr. Lewis noted that they might need to manually run the well for the time being. Mr. Glasgow will let them know. Mr. Lewis also copied Frontier on the issue.

Mr. Glasgow asked if they are the ones that are digging on the right side because someone is trenching in the back yards. Mr. Lewis was not sure but he will take a look. Mr. Lewis stated that the Landscaper is asking for authorization to have their vendor for irrigation installation investigate the District’s irrigation system. There would be a charge to the District.

Ms. Rigoni stated that the District can send a demand letter to Frontier explaining what happened and the damaged they caused to District property and the proposed cost to fix it, and letting them know if they do not fix it the District will fix it and demand reimbursement of costs from Frontier.

Ms. Gaarlandt asked Mr. Lewis to request a cost for the repair before the landscape company proceeds with the repair so that they can provide the cost to Frontier. Ms. Rigoni requested that the Board authorize Mr. Lewis to work with her and her office regarding the demand letter.

ON MOTION by Mr. Walsh, seconded by Mr. Saunders, with all in favor, the Board authorized Mr. Lewis to work with District Counsel regarding demand for repair of irrigation damage.

ELEVENTH ORDER OF BUSINESS	Adjournment

Ms. Gaarlandt requested a motion to adjourn the meeting.

ON MOTION by Mr. Saunders seconded by Mr. Shenefield with all in favor, the January 12, 2020 Board of Supervisor’s Meeting for the Lakeside Preserve Community Development District was adjourned.

 	_ 	_	 	_ 	
Secretary / Assistant Secretary	Chairman / Vice Chairman

Lakeside Preserve Community Development District

Letter from Supervisor of Election

SUPERVISOR OF
ELECTIONS
POLK COUNTY, FLORIDA
Lori Edwards

April 16, 2020

Christina Hanna - Asst DM Fishkind & Associates - PFM 12051 Corporate Blvd.
Orlando, Florida 32817-1450

RE: Lakeside Preserve Community Development District Registered Voters

Dear Ms. Hanna,

In response to your request, there are currently 39 voters within the Lakeside Preserve Community Development District as of April 15, 2020.

Please do not hesitate to contact us if we can be of further assistance.

Sincerely,

Lori Edwards Supervisor of Elections Polk County, Florida

P.O. Box 1460, Bartow, FL33831 • PHONE: (863) 534-5888
PolkElections.com

Para asistencia en Espanol, por favor de llamar al (863) 534-5888

Lakeside Preserve Community Development District

Resolution 2020-06

RESOLUTION 2020-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2020/2021 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Lakeside Preserve Community Development District (“District”) prior to June 15, 2020, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2020/2021 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget, all of which are on file and available for public inspection at the “District’s Office,” located at 12051 Corporate Boulevard, Orlando, Florida 32817. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one more installments pursuant to a bill issued by the District in November of 2020, and pursuant to Chapter 170, Florida

Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING A PUBLIC HEARING. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on said approved Proposed Budget and the Assessments are hereby declared and set for July 16, 2020 at 11:30 a.m. The hearing may be conducted remotely, pursuant to Webex communications media technology and/or by telephone 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, as such orders may be extended or supplemented, respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. In the event that conditions allow the meeting to be held in person, it will be held at the following location:

LOCATION:	Offices of Highland Homes
3020 South Florida Avenue Suite 101
Lakeland, Florida 33803

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Lakeland and Polk County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

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

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED this 14th day of May, 2020.

ATTEST:	LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors

Lakeside Preserve CDD
FY 2021 Proposed O&M Budget

Actual Through 03/31/2020

Year To Date

Anticipated Apr.
- Sep.

Anticipated Total FY 2020

FY 2020
Adopted Budget

FY 2021
Proposed Budget

Revenues

Off-Roll Assessments	$	99,543.75		$	26,981.25		$	126,525.00		$ 126,525.00		$ 176,900.00	
Net Revenues	$	99,543.75		$	26,981.25		$	126,525.00		$ 126,525.00		$ 176,900.00	

General & Administrative Expenses

Supervisor Fees	$	1,800.00	$	3,600.00	$	5,400.00	$	2,400.00	$	7,200.00	
D&O Insurance	2,306.00	-	2,306.00	2,475.00	2,500.00	
Trustee Services	-	3,000.00	3,000.00	6,000.00	6,000.00	
Management	10,000.02	9,999.98	20,000.00	20,000.00	25,000.00	
Engineering	375.00	375.00	750.00	5,000.00	5,000.00	
Dissemination Agent	5,000.00	-	5,000.00	5,000.00	5,000.00	
District Counsel	10,413.30	10,413.30	20,826.60	12,000.00	20,000.00	
Assessment Administration	7,500.00	-	7,500.00	7,500.00	15,000.00	
Reamortization Schedules	-	250.00	250.00	250.00	500.00	
Audit	500.00	4,500.00	5,000.00	5,000.00	5,000.00	
Travel and Per Diem	124.31	124.31	248.62	500.00	500.00	
Telephone	-	100.00	100.00	200.00	200.00	
Postage & Shipping	228.93	228.93	457.86	300.00	300.00	
Copies	-	250.00	250.00	500.00	500.00	
Legal Advertising	954.63	954.63	1,909.26	3,000.00	3,000.00	
Miscellaneous	5.50	5.50	11.00	2,500.00	2,500.00	
Web Site Maintenance	750.00	1,950.00	2,700.00	2,700.00	2,700.00	
Dues, Licenses, and Fees	175.00	-	175.00	175.00	175.00	
Electric	766.19	766.19	1,532.38	-	2,000.00	
Aquatic Contract	8,150.00	4,350.00	12,500.00	8,000.00	8,700.00	
General Insurance	2,819.00	-	2,819.00	3,025.00	3,025.00	
Property & Casualty Insurance	-	-	-	-	3,000.00	
Irrigation	-	-	-	-	10,000.00	
Landscaping Maintenance & Material		29,775.00			4,256.64			34,031.64			40,000.00			44,400.00	
Hurricane Clean-Up		-			-			-			-			5,000.00	
Total General & Administrative Expenses	$	81,642.88		$	45,124.48		$	126,767.36		$	126,525.00		$	177,200.00	

Total Expenses

  $	81,642.88 

  $	45,124.48 

  $	126,767.36 

   $ 126,525.00 

   $ 177,200.00 

Interest Income	$	121.18		$	121.18		$	242.36		$	-	$	300.00	
Total Other Income (Expense)	$	121.18		$	121.18		$	242.36		$	-	$	300.00	
Net Income (Loss)	$	18,022.05		$	(18,022.05)		$	-		$	-	$	-	

Income (Loss) from Operations Other Income (Expense)

$	17,900.87

$	(18,143.23)	$

(242.36)	$

-	$	(300.00)

Page 1 of 1

Lakeside Preserve Community Development District

Resolution 2020-07

RESOLUTION 2020-07

A RESOLUTION BY THE BOARD OF SUPERVISORS OF THE LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN INTERNAL CONTROLS POLICY CONSISTENT WITH SECTION 218.33, FLORIDA STATUTES; PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Lakeside Preserve Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Winter Haven, Florida; and

WHEREAS, consistent with Section 218.33, Florida Statutes, the District is statutorily required to establish and maintain internal controls designed to prevent and detect fraud, waste, and abuse as defined in Section 11.45(1), Florida Statutes; promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices; support economical and efficient operations; ensure reliability of financial records and reports; and safeguard assets; and

WHEREAS, to demonstrate compliance with Section 218.33, Florida Statutes, the District desires to adopt by resolution the Internal Controls Policy attached hereto as Exhibit A.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The attached Internal Controls Policy attached hereto as Exhibit A is hereby adopted pursuant to this Resolution.

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED THIS 14TH DAY OF MAY, 2020.

ATTEST:	LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

EXHIBIT “A”

LAKESIDE PRESERVE COMMUNITY DEVELOPMENT DISTRICT
INTERNAL CONTROLS POLICY

Purpose.

The purpose of this internal controls policy is to establish and maintain internal controls for the Lakeside Preserve Community Development District.

Consistent with Section 218.33(3), Florida Statutes, the internal controls adopted herein are designed to:

Prevent and detect Fraud, Waste, and Abuse (as hereinafter defined).

Promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices.

Support economical and efficient operations.

Ensure reliability of financial records and reports.

Safeguard Assets (as hereinafter defined).

Definitions.

“Abuse” means behavior that is deficient or improper when compared with behavior that a prudent person would consider a reasonable and necessary operational practice given the facts and circumstances. The term includes the misuse of authority or position for personal gain.

“Assets” means District assets such as cash or other financial resources, supplies, inventories, equipment and other fixed assets, real property, intellectual property, or data.

“Auditor” means the independent auditor (and its employees) retained by the District to perform the annual audit required by state law.

“Board” means the Board of Supervisors for the District.

“District Management” means (i) the independent contractor (and its employees) retained by the District to provide professional district management services to the District and (ii) any other independent contractor (and its employees) separately retained by the District to provide amenity management services, provided said services include a responsibility to safeguard and protect Assets.

“Fraud” means obtaining something of value through willful misrepresentation, including, but not limited to, intentional misstatements or intentional omissions of amounts or disclosures in financial statements to deceive users of financial statements, theft of an entity’s assets, bribery, or the use of one’s position for personal enrichment through the deliberate misuse or misapplication of an organization’s resources.

“Internal Controls” means systems and procedures designed to prevent and detect fraud, waste, and abuse; promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices; support economical and efficient operations; ensure reliability of financial records and reports; and safeguard assets.

“Risk” means anything that could negatively impact the District’s ability to meet its goals and objectives. The term includes strategic, financial, regulatory, reputational, and operational risks.

“Waste” means the act of using or expending resources unreasonably, carelessly, extravagantly, or for no useful purpose.

Control Environment.

Ethical and Honest Behavior.

District Management is responsible for maintaining a work environment that promotes ethical and honest behavior on the part of all employees, contractors, vendors and others.

Managers at all levels must behave ethically and communicate to employees and others that they are expected to behave ethically.

Managers must demonstrate through words and actions that unethical behavior will not be tolerated.

Risk Assessment.

Risk Assessment. District Management is responsible for assessing Risk to the District. District Management’s Risk assessments shall include, but not be limited to:

Identifying potential hazards.

Evaluating the likelihood and extent of harm.

Identifying cost-justified precautions and implementing those precautions.

Control Activities.

Minimum Internal Controls. The District hereby establishes the following minimum Internal Controls to prevent and detect Fraud, Waste, and Abuse:

Preventive controls designed to forestall errors or irregularities and thereby avoid the cost of corrections. Preventive control activities shall include, but not be limited to, the following:

Identifying and segregating incompatible duties and/or implementing mitigating controls.

Performing accounting functions in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards.

Requiring proper authorizations to access and/or modify accounting software.

Implementing computerized accounting techniques (e.g. to help identify coding errors, avoid duplicate invoices, etc.).

Maintaining a schedule of the District’s material fixed Assets.

Maintaining physical control over the District’s material and vulnerable Assets (e.g. lock and key, computer passwords, network firewalls, etc.).

Retaining and restricting access to sensitive documents.

Performing regular electronic data backups.

Detective controls designed to measure the effectiveness of preventive controls and to detect errors or irregularities when they occur. Detective control activities shall include, but not be limited to, the following:

Preparing financial reports in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards.

Reviewing financial statements and investigating any material variances between budgeted expenses and actual expenses.

Establishing and implementing periodic reconciliations of bank, trust, and petty cash accounts.

Establishing an internal protocol for reporting and investigating known or suspected acts of Fraud, Waste, or Abuse.

Engaging in periodic physical inventory counts and comparisons with inventory records.

Monitoring all ACH (electronic) transactions and the sequencing of checks.

Implementation. District Management shall implement the minimum Internal Controls described herein. District Management may also implement additional Internal Controls that it deems advisable or appropriate for the District. The specific ways District Management implements these minimum Internal Controls shall be consistent with Generally Accepted Accounting Principles (GAAP) and otherwise conform to Governmental Accounting Standards Board (GASB) and American Institute of Certified Public Accountants (AICPA) standards and norms.

Information and Communication.

Information and Communication. District Management shall communicate to its employees (needing to know) information relevant to the Internal Controls, including but not limited to any changes to the Internal Controls and/or changes to laws, rules, contracts, grant agreements, and best practices.

Training. District Management shall regularly train its employees (needing the training) in connection with the Internal Controls described herein and promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices.

Monitoring Activities.

Internal Reviews. District Management shall internally review the District’s Internal Controls at least once per year. In connection with this internal review, District Management shall:

Review its operational processes.

Consider the potential risk of Fraud, Waste, or Abuse inherent in each process.

Identify the controls included in the process, or controls that could be included, that would result in a reduction in the inherent risk.

Assess whether there are Internal Controls that need to be improved or added to the process under consideration.

Implement new controls or improve existing controls that are determined to be the most efficient and effective for decreasing the risk of Fraud, Waste or Abuse.

Train its employees on implemented new controls or improvements to existing controls.

External Audits and Other Reviews. Audits and other reviews may be performed on various components of the District’s Internal Controls by the Auditor consistent with Government Auditing Standards (GAS). Audits may identify material deficiencies in the Internal Controls and make recommendations to improve them. District Management shall communicate and cooperate with the Board and the Auditor regarding the potential implementation of Auditor recommendations.

Specific Authority: §§ 190.011(5)], 218.33(3), Florida Statutes
Effective date: May 14, 2020

Lakeside Preserve Community Development District

Fiscal Year 2019 Auditor Engagement Letter

February 2, 2020

To Board of Supervisors
Lakeside Preserve Community Development District 12051 Corporate Blvd.
Orlando, FL 32817

951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

We are pleased to confirm our understanding of the services we are to provide Lakeside Preserve Community Development District, Polk County, Florida (“the District”) for the fiscal year ended September 30, 2019, with an option for two one-year renewals. We will audit the financial statements of the governmental activities and each major fund, including the related notes to the financial statements, which collectively comprise the basic financial statements of Lakeside Preserve Community Development District as of and for the fiscal year ended September 30, 2019 with an option for two one-year renewals. In addition, we will examine the District’s compliance with the requirements of Section 218.415 Florida Statutes.
Accounting standards generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the District’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District’s RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management’s Discussion and Analysis.
Budgetary comparison schedule
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express such opinions. We will issue a written report upon completion of our audit of the District’s financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.

Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute
218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District’s compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the District’s compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management’s responsibility. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying and providing report copies of previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible for providing management’s views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.

With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.
Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District’s compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees, and Other
We understand that your employees will prepare all confirmations we request and will locate any documents selected by us for testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.

Grau & Associates understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Grau & Associates agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Auditor acknowledges that the designated public records custodian for the District is Victoria Martinez (“Public Records Custodian”). Among other requirements and to the extent applicable by law, Grau & Associates shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if Auditor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Grau & Associate’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Grau & Associates, Grau & Associates shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF GRAU & ASSOCIATES HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO ITS DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE PUBLIC RECORDS
CUSTODIAN AT (407) 723-5900, martinezv@pfm.com, OR AT 12051 Corporate Boulevard, Orlando, Florida 32817.

Our fee for these services will not exceed $3,800 for the September 30, 2019 audit. The fees for fiscal year 2020 and 2021 will not exceed $3,900 and $4,000, respectively, unless there is a change in activity by the District which results in additional audit work or if additional Bonds are issued.

We will complete the audit within prescribed statutory deadlines, which requires the District to submit its annual audit report to the Auditor General no later than nine (9) months after the end of the audited fiscal year, with the understanding that your employees will provide information needed to perform the audit on a timely basis.

The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.

This agreement may be renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees. The fee for each annual renewal will be agreed upon separately.

The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of termination to Grau & Associates. Upon any termination of this agreement, Grau & Associates shall be entitled to payment of all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the District may have against Grau & Associates.

We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2016 peer review report accompanies this letter.

We appreciate the opportunity to be of service to Lakeside Preserve Community Development District and believe this letter accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.

Very truly yours, Grau & Associates

Antonio J. Grau

RESPONSE:
This letter correctly sets forth the understanding of Lakeside Preserve Community Development District.

By:   		
Title:   		
Date:   		

Lakeside Preserve Community Development District

6

Lakeside Preserve Community Development District

Payment Authorization Nos. 69-84

Payment Authorization No. 069

1/3/2020

Item	
Vendor	
Invoice	
General	
No.		Number	Fund	

1	
Business Observer			
	Legal Advertising on 12/27/2019	19-02270K	$	52.50	
2	Greenskeeper Services			
	November Lawn Maintenance	15647	$ 4,500.00	
	One-Time Initial Maintenance	15648	$ 3,200.00	
	January Lawn Maintenance	15703	$ 3,700.00	

TOTAL	$11,452.50

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED JAN O 5 2020

Payment Authorization No. 070

	1/10/2020

Item No.	
Vendor	
Invoice Number	
General Fund		
	
1	
Lakeland Electric				
		Acct: 3591279; Service 12/02/2019 - 01/02/2020		$	28.58		
		Acct: 3591280; Service 12/02/2019 - 01/02/2020		$	21.01		
	2	PFM Group Consulting				
		DM Fee: December 2019	DM-12-2019-0033	$ 1,666.67		
		Website Fee: December 2019	DM-12-2019-0034	$	125.00		
			
TOTAL	
$ 1,841.26		

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates
12051 Corporate Boulevard

RECEIVED JAN 2 9 2020

Payment Authorization No. 071
1/17/2020

Item	Vendor	Invoice	General
No.	Number	Fund

Joe G. Tedder, Tax Collector
Tax Roll Postage	$	53.16
Supervisor Fees - 01/09/2020 Meeting
Dan Lewis	$	200.00
Brian Walsh	$	200.00
Jeffrey Shenefield	$	200.00
TOTAL	$	653.16

Board Member

Payment Authorization No. 072
	1/24/2020

Item No.	

Vendor	
Invoice Number	
General Fund		
	
1	
Greenskeeper Services				
		Irrigation Repairs	15129	$ 1,150.00		
	2	PFM Group Consulting				
		DM Fee: January 2020	DM-01-2020-0033	$ 1,666.67		
		Website Fee: January 2020	DM-01-2020-0034	$	125.00		
	3	Solitude Lake Management				
		January Lake & Pond Management	PI-A00343047	$	725.00		
			
TOTAL	
$ 3,666.67		

Board Member

Payment Authorization No. 073

1/31/2020

Item	
Vendor	
Invoice	
General	
No.		Number	Fund	

1	
Hopping Green & Sams			
	General Counsel Through 12/31/2019	112366	$ 2,371.60	
		
TOTAL	
$ 2,371.60	

Board Member

Please Return  To: Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED FEB 2 2 2020

Payment Authorization No. 074
2/7/2020

Item

Vendor

Invoice	General

 	No.		Number	Fund

1	Eden Landscape Enterprises		
Irrigation Repairs	100068	$ 3,875.00	
2	Greenskeeper Services			
February Lawn Maintenance	15335	$ 3,700 .00	
3	Lakeland Electric			
4115 Lakeside Preserve Bl# Well ; Service 01/02/2020 - 02/03/2020		$	48.40	
4000 Pipkin Creek Rd# Entr; Service 01/02/2020 - 02/03/2020		$	21.12	
4	PFM Group Consulting			
Reimbursables: November 2019	OE-EXP-00563	$	105.46	
	
TOTAL	
$ 7,749.98	

Board Member

Please Return  To: Lakeside Preserve  CDD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED FEB 2 2 2020

Payment Authorization No. 075
2/14/2020

Item

Vendor

Invoice	General

 	No.		Number	Fund

1	Business Observer		
Legal Advertising on 02/07/2020	20-00221K	$	52.50	
2	Landmark Engineering & Surveying Corporation
Engineering Services Through 01/31/2020	
2170075-3	
$	225.00	
3	PFM Group Consulting
Reimbursables: December 2019	
OE-EXP-00620	
$	8.71	
4	Solitude Lake Management
February Lake & Pond Management Services	
PI-A00356269	
$	725.00	
	
TOTAL	
$ 1,011.21	

Board Member

Please Return  To: Lakeside Preserve  CDD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED FEB 2 2 2020

Payment Authorization No. 076

2/21/2020

Item	

Vendor	

Invoice	

General	
No.		Number	Fund	

1	
PFM Group Consulting			
	Reimbursables : November 2019	107883	$	34.37	
	Reimbursables: December 2019	107977	$	59.40	
	Reimbursables : October 2019	108042	$	30.54	
	DM Fee: February 2020	DM-02-2020-0033	$ 1,666.67	
	Website Fee: February 2020	DM-02-2020-0034	$	125.00	
		
TOTAL	
$ 1,915.98	

Board Member

Please Return To: Lakeside Preserve CDD c/o Fishkind & Associates

RECEIVED FEB 2 2 2020

Payment Authorization No. 077

2/28/2020

Item	

Vendor	

Invoice	

General	
No.		Number	Fund	

1	
Hopping Green & Sams			
	General Counsel Through 01/31/2020	112962	$ 2,757.82	
2	PFM Group Consulting
January Reimbursables	
OE-EXP-00678	
$	41.44	
		
TOTAL	
$ 2,799.26	

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates

RECEIVED MAR 0 9 2020

Payment Authorization No. 078
3/6/2020

Item	
Vendor	
Invoice	
General	
No.		Number	Fund	

1	
Business Observer			
	Legal Advertising on 02/28/2020	20-00394K	$	52.50	
2	Lakeland Electric			
	4115 Lakeside Preserve Bl# Well ; Service 02/03/2020 - 03/03/2020		$	45.54	
	4000 Pipkin Creek Rd # Entr ; Service 02/03/2020 - 03/03/2020		$	20.22	
		
TOTAL	
$	118.26	

Board Member

Please Return To:
Lakeside Preserve COD c/o Fishkind & Associates

RECEIVED MAR 0 9 2020

Payment Authorization No. 079

	3/13/2020

Item No.	

Vendor	
Invoice Number	
General Fund		
	
1	
Greenskeeper Services				
		March Lawn Maintenance	15429	$ 3,700.00		
	2	Landmark Engineering & Surveying Corporation				
		Engineering Services Through 02/29/2020	2170075-4	$	150.00		
	3	PFM Group Consulting				
		DM Fee: March 2020	DM-03-2020-0033	$ 1,666.67		
		Website Fee: March 2020	DM-03-2020-0034	$	125.00		
	4	Solitude Lake Management				
		March Lake & Pond Management Services	PI-A00370627	$	725.00		
			
TOTAL	
$ 6,366.67		

Board Member

Please Return To:
Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard
Orlando, FL 32817	RECEIVED APR 0 3 2020

Payment Authorization No. 080
3/27/2020

Item	

Vendor	

Invoice	

General	
No.		Number	Fund	

1	
Hopping Green & Sams			
	General Counsel Through 02/29/2020	113656	$	218.00	
		
TOTAL	
$	218.00	

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED APR 0 3 2020

Payment Authorization No. 081
4/3/2020

Item No.

Vendor	Invoice
Number

General Fund

1	Greenskeeper Services
April Lawn Maintenance	15435	$  3,700.00

TOTAL	$   3,700.00

Board Member

Please  Return To: Lakeside Preserve  COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED APR O 3 2020

COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization No. 082
4/10/2020

Item No.		
Vendor	
Invoice Number	
General Fund	

1	
Grau and Associates				
	FY 2019 Audit		19383	$ 2,000.00	
2	Lakeland Electric				
	4115 Lakeside Preserve Bl#	Well ; Service 03/03/2020 - 04/02/2020		$	60.46	
	4000 Pipkin Creek Rd # Entr	; Service 03/03/2020 - 04/02/2020		$	19.54	
			
TOTAL	
$ 2,080.00	

Board Member

Please Return  To: Lakeside Preserve  COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED APR 2 4 2020

Payment Authorization No. 083
4/17/2020

Item No.

Vendor	Invoice
Number

General Fund

1	Solitude Lake Management
April Lake & Pond Management Services	PI-A00387078	$	725.00

TOTAL	$	725.00

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED APR 2 4 2020

Payment Authorization No. 084
4/24/2020

Item	Vendor	Invoice	General
No.	Number	Fund

Hopping Green & Sams
General Counsel Through 03/31/2020	114146	$	680.00

PFM Group Consulting
OM Fee: April 2020	DM-04-2020-0033	$   1,666.67
Website Fee: April 2020	DM-04-2020-0034	$	125.00

TOTAL	$  2,471.67

Board Member

Please Return To: Lakeside Preserve COD c/o Fishkind & Associates 12051 Corporate Boulevard

RECEIVED APR 2	2020

Lakeside Preserve Community Development District

Monthly Financials

Statement of Financial Position As of 4/30/2020

General	Debt Service	Capital	Long-Term	
Fund	Fund	Projects Fund	Debt Fund	

Total

Current Assets		Assets		
General Checking Account	$ 26,583.16					$	26,583.16	
Deposits	300.00					300.00	
Series 2019 Debt Service Reserve		$ 206,306.25				206,306.25	
Series 2019 Revenue		104,139.23				104,139.23	
Series 2019 Interest		76,768.75				76,768.75	
Series 2019 Prepayment		301,710.22				301,710.22	
Series 2019 Sinking Fund		50,000.00				50,000.00	
Series 2019 Acquisition/Construction				$	763.04		763.04	
Total Current Assets	$ 26,883.16	$ 738,924.45		$	763.04		$	-	$	766,570.65	

Investments

Amount Available in Debt Service Funds	$	738,924.45		$	738,924.45	
Amount To Be Provided	3,091,075.55		3,091,075.55	
Total Investments	$	-	$	-	$	-	$ 3,830,000.00		$ 3,830,000.00	

 	 	 	 

Total Assets

$ 26,883.16

$   738,924.45	$

763.04

$ 3,830,000.00

$ 4,596,570.65

 	 	 	 

Liabilities and Net Assets

Long Term Liabilities
Revenue Bonds Payable - Long-Term	
$	
3,830,000.00	
$	
3,830,000.00	
Total Long Term Liabilities	$	-	$	-	$	-	$ 3,830,000.00		$ 3,830,000.00	
Total Liabilities	$	-	$	-	$	-	$ 3,830,000.00		$ 3,830,000.00	

Net Assets
Net Assets, Unrestricted	 	 	

$ (4,500.00)		

$	(4,500.00)	
Net Assets - General Government	22,034.06		22,034.06	
Current Year Net Assets - General Government	9,349.10		9,349.10	
Net Assets, Unrestricted	$ 479,419.75		479,419.75	
Current Year Net Assets, Unrestricted	259,504.70		259,504.70	
Net Assets, Unrestricted	$	10,912.00		10,912.00	
Current Year Net Assets, Unrestricted	(10,148.96)		(10,148.96)	
Total Net Assets	$ 26,883.16	$	738,924.45	$	763.04	$	-	$	766,570.65	

Total Liabilities and Net Assets

$ 26,883.16

$   738,924.45	$

763.04

$ 3,830,000.00

$ 4,596,570.65

 	 	 	 

Statement of Activities As of 4/30/2020

General	Debt Service	Capital	Long-Term	
Fund	Fund	Projects Fund	Debt Fund	

Total

Revenues

Off-Roll Assessments	$ 99,843.75						$	99,843.75	
On-Roll Assessments			$	213,777.16				213,777.16	
Off-Roll Assessments			750.00				750.00	
Other Assessments			429,896.51				429,896.51	
Inter-Fund Group Transfers In			10,161.07				10,161.07	
Inter-Fund Transfers In					$	(10,161.07)		(10,161.07)	
Total Revenues	$ 99,843.75		$	654,584.74		$	(10,161.07)		
$	-	$ 744,267.42	

Expenses

Supervisor Fees	$	1,800.00				$	1,800.00	
D&O Insurance	2,306.00				2,306.00	
Management	11,666.69				11,666.69	
Engineering	375.00				375.00	
Dissemination Agent	5,000.00				5,000.00	
District Counsel	11,093.30				11,093.30	
Assessment Administration	7,500.00				7,500.00	
Audit	2,500.00				2,500.00	
Travel and Per Diem	124.31				124.31	
Postage & Shipping	228.93				228.93	
Legal Advertising	954.63				954.63	
Miscellaneous	5.50				5.50	
Web Site Maintenance	875.00				875.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	846.19				846.19	
Aquatic Contract	8,875.00				8,875.00	
General Insurance	2,819.00				2,819.00	
Landscaping Maintenance & Material	33,475.00				33,475.00	
Principal Payments			$	310,000.00		310,000.00	
Interest Payments			87,925.01		87,925.01	
Total Expenses	$ 90,619.55		$	397,925.01		 
$	-	$	-	$ 488,544.56	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$	124.90						$	124.90	
Interest Income			$	2,844.97				2,844.97	
Interest Income					$	12.11		12.11	
Total Other Revenues (Expenses) & Gains (Losses)	$	124.90		$	2,844.97		$	12.11		
$	-	$	2,981.98	
Change In Net Assets	$	9,349.10		$	259,504.70		$	(10,148.96)		$	-	$ 258,704.84	

Net Assets At Beginning Of Year	
$ 17,534.06		
$	479,419.75		
$	10,912.00		
$	-	$ 507,865.81	

Net Assets At End Of Year	
$ 26,883.16		
$	738,924.45		
$	763.04		

$	-	$ 766,570.65	

Budget to Actual
For the Month Ending 4/30/2020

	
Actual			
Budget			
Variance			FY 2020
Adopted Budget	

Off-Roll Assessments	$  99,843.75	$  73,806.25	$ 26,037.50		
$	
126,525.00	
Net Revenues	$	99,843.75		$	73,806.25		$	26,037.50		$	126,525.00	

eneral & Administrative Expenses
Supervisor Fees	$	1,800.00	$	1,400.00	$	400.00	$	2,400.00	
D&O Insurance	2,306.00	1,443.75	862.25	2,475.00	
Trustee Services	-	3,500.00	(3,500.00)	6,000.00	
Management	11,666.69	11,666.69	-	20,000.00	
Engineering	375.00	2,916.69	(2,541.69)	5,000.00	
Dissemination Agent	5,000.00	2,916.69	2,083.31	5,000.00	
District Counsel	11,093.30	7,000.00	4,093.30	12,000.00	
Assessment Administration	7,500.00	4,375.00	3,125.00	7,500.00	
Reamortization Schedules	-	145.81	(145.81)	250.00	
Audit	2,500.00	2,916.69	(416.69)	5,000.00	
Travel and Per Diem	124.31	291.69	(167.38)	500.00	
Telephone	-	116.69	(116.69)	200.00	
Postage & Shipping	228.93	175.00	53.93	300.00	
Copies	-	291.69	(291.69)	500.00	
Legal Advertising	954.63	1,750.00	(795.37)	3,000.00	
Miscellaneous	5.50	1,458.24	(1,452.74)	2,500.00	
Web Site Maintenance	875.00	1,575.00	(700.00)	2,700.00	
Dues, Licenses, and Fees	175.00	102.06	72.94	175.00	
Electric	846.19	-	846.19	-	
Aquatic Contract	8,875.00	4,666.69	4,208.31	8,000.00	
General Insurance	2,819.00	1,764.56	1,054.44	3,025.00	
Landscaping Maintenance & Material	33,475.00	23,333.31	10,141.69	40,000.00	
Total General & Administrative Expenses	$	90,619.55		$	73,806.25		$	16,813.30		$	126,525.00	
Total Expenses	$	90,619.55		$	73,806.25		$	16,813.30		$	126,525.00	

Income (Loss) from Operations	
$	
9,224.20	
$	
-	
$	
9,224.20	
$	-	

Year To Date

Revenues

G

Other Income (Expense)

Interest Income	$	124.90		$	-	$	124.90		$	-	
Total Other Income (Expense)	$	124.90		
$	-	$	124.90		$	-	
Net Income (Loss)	$	9,349.10		
$	-	$	9,349.10		$	-	

Lakeside Preserve Community Development District

Staff Reports