Dunes

Community Development District

April 13, 2018

Dunes

Community Development District

Agenda

Friday	Dunes CDD Administrative Office	
April 13, 2018	101 Jungle Hut Road	
9:30 a.m.	Palm Coast, Florida	
	Call In #: 800-264-8432	
	Passcode: 704298	

I.	Roll Call & Agenda

II.	Audience Comments

III.	Approval of the Minutes

A.	March 9, 2018 Meeting

IV.	Reports and Discussion Items

•	Discussion on Capacity Fees Issues for Commercial Accounts

•	Status of Marsh “TB”

•	Status Report on New Toll Collection System

•	Discuss Weir Structures / Malacompra Drainage

•	Status Report on Discussion with the City of Palm Coast to Install Landscaping and Irrigation on DCDD Property / Golden Lion Property

B.	FY 2017 Audit Report

C.	Consideration of Resolution 2018-04, Approving the Proposed Budget for Fiscal Year 2019 and Setting a Public Hearing Date for Adoption

D.	Additional Budget Items Report

V.	Staff Reports

•	Attorney

E.	Engineer – Report

F.	Manager - Bridge Reports and Traffic Comparison for March

VI.	Supervisors’ Requests and Audience Comments	
VII.	Financial Reports	
	G.   Balance Sheet & Income Statement	
	H.	Construction Schedule	
	I.	Assessment Receipts Schedule	
	J.  Approval of Check Register	
VIII.	Next Meeting Scheduled for May 11, 2018 @ 9:30 a.m. at the Dunes CDD	
	Administrative Office, 101 Jungle Hut Road, Palm Coast, Florida	
IX.	Adjournment	

A.

MINUTES OF MEETING

DUNES COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Dunes Community Development

District was held Friday, March 9, 2018 at 9:30 a.m. at the Dunes CDD Administrative Office,

101 Jungle Hut Road, Palm Coast, Florida.

Present and constituting a quorum were:

John G. Leckie, Jr.	Chairman

Gary Crahan	Vice Chairman
Rich DeMatteis	Assistant Secretary
Charles Swinburn	Assistant Secretary
Dennis Vohs	Assistant Secretary

Also present were:

Greg Peugh	District Manager

Jim Perry	District Representative
Michael D. Chiumento, III	District Counsel
Tim Sheahan	Utilities Manager

The following is a summary of the discussions and actions taken at the March 9, 2018

meeting. A copy of the proceedings can be obtained by contacting the District Representative.

FIRST ORDER OF BUSINESS	Roll Call

Mr. Perry called the meeting to order at 9:30 a.m.

SECOND ORDER OF BUSINESS	Audience Comments

There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes

A.	February 7, 2018 Workshop
B.	February 9, 2018 Meeting
There were no corrections to the minutes.

 On MOTION by Mr. Vohs seconded by Mr. Crahan with all in  favor the minutes of the February 7, 2018 workshop were approved.

March 9, 2018	Dunes CDD

 On MOTION by Mr. DeMatteis seconded by Mr. Crahan with all in  favor the minutes of the February 9, 2018 meeting were approved.

FOURTH ORDER OF BUSINESS	Reports and Discussion Items

Discussion on Capacity Fee Issues for Commercial Accounts

Mr. Peugh stated I spoke to Daniel Baker again this week and he emailed me last night and said they are making progress. They made repairs to the children’s pool. The meter readings prior to the pool reflected an auto-fill of greater than 37,000 gallons and they are down to 550 so they’re expecting approximately 30,000 gallons a day of improvement on their consumption. He said they are moving on to the adult spa next and going pool by pool. He said they found a lot of leaks in lights and the scuppers so they are steadily working towards it.

Mr. Crahan asked what other commercial accounts are there that we are concerned about? Mr. Peugh responded there are a total of 50 and we are going through all of them. Tim has developed a spreadsheet. We’re looking at the capacity that they’ve purchased and what their

consumption is. Currently, almost every month, we go through the residential accounts and we have a target, I think it’s 11,500 gallons, and we run through that pretty quickly. Now with this spreadsheet we’re hoping to find out exactly what they’re using every month and once we get to the most egregious ones first and see what they’re doing then we will go through the smaller ones but we’re looking at every one of them.

Status of Marsh “TB”

Mr. Sheahan stated we got a revised quote from Cline Construction and we issued a PO for that because it was within our budget. We’re working on the permits with St. Johns and the mitigation credit with the engineer. Once we get the legal descriptions and provide them to Michael we can get those easement agreements prepared.
Mr. Leckie asked what was the bid from Cline? Mr. Sheahan responded $31,000.

Mr. Swinburn asked what’s our best guess as to when the work will be done?

Mr. Peugh stated what I’ve seen in the past is getting people to sign an easement takes forever. Once that’s done he said the work should take three to six weeks.

Mr. Sheahan stated Jody said the permitting might take three months.

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March 9, 2018	Dunes CDD

Mr. Peugh stated late summer is what I would tell people.

Status Report on New Toll Collection System

Mr. Peugh stated we are still working on the program, creating accounts and making sure the text pops up correct and things like that. By the end of the fiscal year we will have that online.

We met with CPH on the toll facility layout. They’ve come up with some pretty good recommendations. We hope to have the report finalized for the next board meeting and then we can discuss that in detail.

Mr. Crahan asked when do we want to go live with the website? Mr. Peugh responded I’m thinking towards the end of summer.

Discuss Weir Structures / Malacompra Drainage

Mr. Peugh stated we just signed all of the engineering contracts so with that I’d like to get a draft scope from ETM since they know the most about the drainage up there and then we can present that to the board and see where we want to go with it.

Status Report on Discussion with the City of Palm Coast to Install Landscaping and

Irrigation on DCDD Property / Golden Lion Property

Mr. Peugh stated I emailed Charlie Faulkner last week and he said at this point they don’t have any updates so we’re in a holding pattern until they find a buyer.

Mr. Leckie asked where are we on the landscaping with Palm Coast?

Mr. Peugh responded Palm Coast has not contacted me or sent me a contract. I told them once you tell me what you want to do I need your final drawings to present to the board and also a contract for Michael to review.

C.	Draft Employee Handbook Discussion

The board and staff went over the draft employee handbook and discussed various changes to be made.

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March 9, 2018	Dunes CDD

 On MOTION by Mr. Crahan seconded by Mr. Vohs with all in  favor the employee handbook was approved as amended.

D.	Report on Additional Budget Items

Mr. Peugh stated the only thing we added, and we’re trying to absorb this in our existing budget, is item C – the bridge street repairs and the MOT. The bridge repairs were about $18,000 and MOT was approximately another $20,000 and that’s an allowance in Economy Electric’s proposal because they said it’s going to take between two and three weeks to get the repairs done so if they use less of it the MOT will be less. The MOT is required due to the fact a bucket truck will be used with somebody suspended above, so with the liability of that, I’d rather have an MOT that’s correct. .

FIFTH ORDER OF BUSINESS	Staff Reports

E.	Attorney - Report

Mr. Chiumento stated it was advised that we pass a resolution giving the board some guidance to move funds between the utility of the bridge and the general fund. I think the board has the ability move funds however they want to. The resolution that’s before you is just a base line resolution establishing the board’s desire to move funds. It specifically suggests that any movement of funds will need to be done by a separate resolution. A resolution could be in the form of your annual budget. Greg and I talked about at the end of this year there could be a line item in your utility fund, general fund or bridge fund transferring surpluses and that can be done when you adopt it by resolution. You could also come back and adopt policies so it’s pretty broad on how we do it in the future but this is a start. There are some changes I’d like to make to the resolution.

 On MOTION by Mr. Swinburn seconded by Mr. DeMatteis with  all in favor Resolution 2018-03 was approved as amended.

F.	Engineer - Report

Mr. Sheahan stated for the wastewater plant we’ve got the County Planning Development Board public hearing coming up on March 13th. If everything goes well we will get our permit sometime following that meeting.

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March 9, 2018	Dunes CDD

Mr. DeMatteis stated when you’re approaching the bridge from the east side there is a green sign that shows the tolls and it doesn’t reflect well.

Mr. Peugh stated the cost for that was approximately $2,000 and I was waiting until the end of the budget to make sure we had enough money. We will fix that.
Mr. DeMatteis asked where do we stand with the fiber optic business going across?

Mr. Peugh responded they have put in a design ticket and Tim is working with them. Apparently on the northern Jersey barrier there are holes at the bottom of it that they can probably put the fiber through and it would be less intrusive to our bridge. I asked them to send me their standard contract and they still haven’t done that. They are supposed to come in here and have a meeting with everyone at some point.

Mr. Leckie asked what about the stand-by emergency pumps?

Mr. Sheahan responded there are two locations that we’ve identified that are high priority. One at the resort and the other at the intersection of Camino del Sol and Calle del Sur. We’ve gotten quotes for the pumping equipment and we’re working on site plans with CPH, the engineer. We have a total of five that we want to do.

G.	Manager – Bridge Reports and Traffic Comparison for February

Mr. Peugh stated we would probably like to get proposals on and put in the budgeting process a vulnerability assessment of this plant site for either Fiscal Year 2019 or the year after that. After 9/11 you did an assessment of the facility but I don’t think that’s been done here and I would like to do it for the safety of our water utility. I’d like to get an RFP with somebody that is familiar with doing that and see what the cost is and put it in the budget. I’d also like to put storm drain inspection, gravity sewer inspection, and stormwater harvesting in the budget.

Tim got the Crom tank finished and they did not see any leaks or problems with the tank so we’re back on our own water.

We started the process of building a website to take credit payments for the utility and we expect that up in the summer. We will have a mobile app as well. The initial fees are $1,300 and $900 of that is for a credit card machine where you can plug the checks in and it sends them to the payment processing folks. They’re all PCI compliant and they are a third party vendor. They get their money from a monthly fee. We anticipate it’s going to be about $600 a month that will

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March 9, 2018	Dunes CDD

come off our billings where we generate revenue. This will also help with our customer service and our posting accuracy.

There is an election of seats one and five this coming fall. I reached out to the Supervisor of Elections and she said if anyone wants to run for the seats they do a new candidate orientation.
I called our wildlife biologist about fish kills. He said probably the biggest thing is we had the coldest January ever, followed by the warmest February ever. He said what happened is in January the fish were killed by the cold and the microscopic algae in the pond were killed off and when February came, he called it a chemistry nightmare, where the algae goes crazy blooming and it blooms until there is a break point and they don’t have any food and they start to die. When they start to die all that decaying matter in the ponds sucks up the oxygen and the fish die from lack of oxygen. What we can do is add more fountains to the lakes. We did some calculations and we’re figuring well into a million dollars to get fountains into all of the lakes and it might or might not help. We are going to do testing and we will share them with our wildlife biologist. The pelicans have died from overeating all the fish or by natural causes. This information was confirmed by the Florida Fish and Wildlife Conservation Commission. I will put this information up on our website to inform the community.
Mr. Peugh gave an overview of the bridge report for February. A reconciliation of the differences between the Dunes Bridge Report and the unaudited financial statements provided by GMS will be completed in the next few months.

SIXTH ORDER OF BUSINESS Supervisors’ Requests and Audience Comments

Mr. Vohs asked do you know when Jody is going to get back to us on what we’re going to do with the marshes that aren’t marshes anymore?

Mr. Peugh responded I’m hoping to have a short report hopefully before the next meeting

on whether or not they are acceptable. If they are acceptable then we can look at the other options of mitigation bank.

Mr. DeMatteis asked when Ocean Hammock owned Hammock Dunes Parkway before we transferred it to the District we didn’t allow real estate signs along the road. When the District took over there’s no rule about that so I’m wondering if you share that concern.

Mr. Vohs asked are there signs out there that have instigated this?

Mr. DeMatteis responded there’s a whole bunch of them on Hammock Dunes Parkway.

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March 9, 2018	Dunes CDD

Mr. Crahan stated my take is because of the Parade of Homes people are taking advantage of the Parade of Homes signs are out there and they are piggybacking off of other open house signs. In the old days when the HOA was a thing if the signs were out there unapproved they were pulled. For the Parade of Homes I don’t have a problem with it.
Mr. Peugh stated if the board is opposed to it we can pull them up. Mr. Perry stated most districts pull bandit signs regularly.

Mr. Crahan stated my sentiment would be those in support of the Parade of Homes are fine because they are limited in number; those that are beyond that, probably not.
Mr. Chiumento stated from a legal perspective it is a public right of way but it is governed and owned by you all. If you had sign ordinance or rule at least it would be a published rule if you want to be formal about it. It’s your property and you can do whatever you like.

Mr. Leckie stated so we’re going to tell the homeowners association and to the Flagler Board of Realtors that it is a private road and there are no signs allowed on the private right of way unless authorized by the board.

SEVENTH ORDER OF BUSINESS	Financial Reports

H.	Balance Sheet & Income Statement

I.	Construction Schedule

J.	Assessment Receipts Schedule

K.	Approval of Check Register

 On MOTION by Mr. Vohs seconded by Mr. Swinburn with all in  favor the check register was approved.

EIGHTH ORDER OF BUSINESS	Next Meeting Scheduled for Friday, April 13,

2018  @  9:30  a.m.  at  the  Dunes  CDD
Administrative Office, 101 Jungle Hut Road,
Palm Coast, Florida

NINTH ORDER OF BUSINESS	Adjournment

 On MOTION by Mr. Vohs seconded by Mr. Crahan with all in  favor the meeting was adjourned.

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March 9, 2018	Dunes CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

8

B.

DUNES COMMUNITY DEVELOPMENT DISTRICT

FLAGLER COUNTY, FLORIDA
FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED

SEPTEMBER 30, 2017

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA

TABLE OF CONTENTS			
	Page		
INDEPENDENT AUDITOR’S REPORT	1- 2		
MANAGEMENT’S DISCUSSION AND ANALYSIS	3- 7		
BASIC FINANCIAL STATEMENTS			
Government-Wide Financial Statements:			
Statement of Net Position	8		
Statement of Activities	9		
Fund Financial Statements:			
Balance Sheet – Governmental Funds	10		
Statement of Revenues, Expenditures and Changes in Fund Balances –			
Governmental Funds	11		
Statement of Net Position – Proprietary Funds	12		
Statement of Revenues, Expenses and Changes in Net Position –			
Proprietary Funds	13		
Statement of Cash Flows – Proprietary Funds	14		
Notes to the Financial Statements	15- 25		
REQUIRED SUPPLEMENTARY INFORMATION			
Schedule of Revenues, Expenditures and Changes in Fund Balances –			
Budget and Actual – General Fund	26		
Notes to Required Supplementary Information	27		
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL			
REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT			
OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH	28-29		
GOVERNMENT AUDITING STANDARDS			
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS			
OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)			
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	30		
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES			
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	31- 32		

2700 North Military Trail ▪ Suite 350

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

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors

Dunes Community Development District
Flagler County, Florida

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities, the business-type activities and each major fund of Dunes Community Development District, Flagler County, Florida (“District”) as of and for the fiscal year ended September 30, 2017, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. 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 believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, and each major fund of the District as of September 30, 2017, and the respective changes in financial position, and, where applicable, cash flows thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the 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. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about 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 do 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.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated March 13, 2018, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

Report on Other Legal and Regulatory Requirements

We have also issued our report dated March 13, 2018, on our consideration of the District’s compliance with the requirements of Section 218.415, Florida Statutes, as required by Rule 10.556(10) of the Auditor General of the State of Florida. The purpose of that report is to provide an opinion based on our examination conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.

March 13, 2018

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MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Dunes Community Development District, Flagler County, Florida’s (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2017. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

•	The assets of the District exceeded its liabilities at the close of the fiscal year ended September 30, 2017 by $52,419,337 (net position), an increase of $267,349 in comparison with the prior fiscal year.

•	At September 30, 2017, the District’s governmental funds reported combined ending fund balances of $125,858, a decrease of ($68,985) in comparison with the prior fiscal year. A portion of the total fund balance is non-spendable for prepaid items, assigned for subsequent year’s expenditures and the remainder is unassigned fund balance which is available for spending at the District’s discretion.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

Both of the government-wide financial statements distinguish functions of the District that are principally supported by assessments (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the District include general (management) and maintenance functions. The business-type activities of the District include the water and sewer operations and the toll bridge operations.

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OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has two fund categories: governmental funds and proprietary funds.

Governmental Funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflow of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near -term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains one individual governmental fund. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the General Fund, which is considered to be a major fund.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Proprietary Funds

The District maintains one type of proprietary fund, enterprise fund. The District maintains two enterprise funds. An enterprise fund is used to report the same function presented as business-type activities in the government-wide financial statements. The District uses an enterprise fund to account for the operations of the water and sewer utility services within the District. The District also uses an enterprise fund to account for the operations of the toll bridge within the District. Both funds are considered to be major funds.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

Other Information

In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning the District’s budget to actual comparison for the general fund.

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GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

				NET POSITION							
			SEPTEMBER 30,							
		Governmental Activities		Business-type Activities		Total		
							2016				2016	
		2017		2016		2017	(restated)		2017		(restated)	
Assets, excluding capital assets	$	161,329	$	206,512	$	23,050,542	$ 21,581,691	$	23,211,871	$	21,788,203	
Capital assets, net of depreciation		118,239		107,700		30,790,659	31,653,109		30,908,898		31,760,809	
Total assets		279,568		314,212		53,841,201	53,234,800		54,120,769		53,549,012	
Liabilities, excluding long-term liabilities		35,471		11,669		1,665,961	1,385,355		1,701,432		1,397,024	
Total liabilities		35,471		11,669		1,665,961	1,385,355		1,701,432		1,397,024	
Net position												
Investment in capital assets		118,239		107,700		30,790,659	31,653,109		30,908,898		31,760,809	
Restricted for:												
Community projects		-		-		1,326,120	1,437,807		1,326,120		1,437,807	
Unrestricted		125,858		194,843		20,058,461	18,758,529		20,184,319		18,953,372	
Total net position	$	244,097	$	302,543	$	52,175,240	$ 51,849,445	$	52,419,337	$	52,151,988	

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure); less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.

Governmental activities

As noted below and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2017 was $400,718. The majority of the costs of the Districts activities were paid by program revenues. As in the prior fiscal year, program revenues are comprised primarily of assessments. In addition, surplus funds were transferred from the enterprise funds to fund certain operating expenses. The majority of the change in expenses results from increases in certain maintenance and operations expenses.

Business-type activities

For the fiscal year ended September 30, 2017, the cost of the business-type activities was $4,827,918. The costs of those activities were paid for by program revenues which consisted primarily of user fees and charges. The majority of the decrease in program revenues is due to an overall decrease in the rates charged for user fees and charges.

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GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

Key elements of the change in net position are reflected in the following table:

			CHANGES IN NET POSITION								
		FOR THE FISCAL YEAR ENDED SEPTEMBER 30,						
			Governmental Activities		Business-type Activities		Total			
			2017		2016		2017		2016				2016		
									(restated)		2017		(restated)		
Revenues:														
Program revenues														
Charges for services	$	161,811	$	161,231	$	5,095,261	$	5,495,680	$	5,257,072	$	5,656,911		
General revenues														
Miscellaneous		7,461		1,095		231,452		106,146		238,913		107,241		
Total revenues		169,272		162,326		5,326,713		5,601,826		5,495,985		5,764,152		
Expenses:														
General government		228,835		183,385		-		-		228,835		183,385		
Maintenance and operations		171,883		132,730		-		-		171,883		132,730		
Water and sewer		-		-		3,566,006		3,408,822		3,566,006		3,408,822		
Toll bridge operations		-		-		1,261,912		1,330,956		1,261,912		1,330,956		
Total expenses		400,718		316,115		4,827,918		4,739,778		5,228,636		5,055,893		
Transfers		173,000		173,000		(173,000)		(173,000)		-		-		
Change in net position		(58,446)		19,211		325,795		689,048		267,349		708,259		
Net position - beginning, as restated		302,543		283,332		51,849,445		51,160,397		52,151,988		51,443,729		
(Note 14)														
Net position - ending		$	244,097	$	302,543	$	52,175,240	$	51,849,445	$	52,419,337	$	52,151,988		

GENERAL FUND BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2017 was amended to increase appropriations by $23,266. Actual general fund expenditures for the fiscal year ended September 30, 2017 exceeded appropriations by $1,300. The over expenditures were funded by available fund balance.

CAPITAL ASSETS

At September 30, 2017, the District had $140,241 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $22,002 has been taken, which resulted in a net book value of $118,239. The District’s business-type activities reported net capital assets of $30,790,659. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

6

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

The District anticipates some capital improvement projects in fiscal year 2018. The design of improvements to the wastewater treatment plant that will increase the plant capacity from its current 0.5 Million Gallons per Day (MGD) to 1.0 MGD is complete and bids are due in the early fiscal year 2018. Construction will take place in fiscal year 2018 and is expected to be complete in fiscal year 2019. Other capital improvement projects scheduled for fiscal year 2018 include improvements to the water distribution system, wastewater collection system and reuse distribution system.

The District entered into an inter -local agreement with Flagler County to contribute a total of $1.8 Million in surplus funds from the bridge fund for certain community projects. To date, approximately $500,000 has been disbursed leaving over $1.3 Million yet to be disbursed.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Dunes Community Development District’s Finance Department at 5385 N. Nob Hill Road, Sunrise, Florida, 33351.

7

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF NET POSITION

SEPTEMBER 30, 2017

	Governmental	Business-type				
ASSETS		Activities		Activities		Total		
			$	433,688	$	451,040		
Cash and cash equivalents	$	17,352						
Investments		131,319		20,662,903		20,794,222		
Receivables		710		438,163		438,873		
Due from governmental type activities		-		30,352		30,352		
Restricted assets:				1,326,120		1,326,120		
Investments		-						
Prepaids		11,948		158,316		170,264		
Deposits		-		1,000		1,000		
Capital assets:				1,697,953		1,697,953		
Nondepreciable		-						
Depreciable, net		118,239		29,092,706		29,210,945		
Total assets		279,568		53,841,201		54,120,769		
LIABILITIES				277,762		282,881		
Accounts payable		5,119						
Due to business type activities		30,352		-		30,352		
Contracts/retainage payable		-		9,398		9,398		
Unearned revenue		-		1,378,801		1,378,801		
Total liabilities		35,471		1,665,961		1,701,432		
NET POSITION						30,908,898		
Investment in capital assets		118,239		30,790,659				
Restricted for:				1,326,120		1,326,120		
Community projects		-						
Unrestricted		125,858		20,058,461		20,184,319		
Total net position	$	244,097	$	52,175,240	$	52,419,337		

See notes to the financial statements

8

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF ACTIVITIES

FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2017

					Program	Net (Expense) Revenue and Changes in Net		
					Revenues				Position				
					Charges								
Functions/Programs					for	Governmental	Business-type				
		Expenses		Services		Activities		Activities		Total		
Primary government:													
Governmental activities:													
General government	$	228,835		$	161,811	$	(67,024)	$	-	$	(67,024)		
Maintenance and operations		171,883			-		(171,883)		-		(171,883)		
Total governmental activities		400,718			161,811		(238,907)		-		(238,907)		
Business-type activities:													
Water and sewer utilities		3,566,006			3,521,419		-		(44,587)		(44,587)		
Toll bridge operations		1,261,912			1,573,842		-		311,930		311,930		
Total business-type activities		4,827,918			5,095,261		-		267,343		267,343		
	General revenues:				2,061		231,452		233,513		
	Unrestricted investment earnings								
	Miscellaneous income		5,400		-		5,400		
		Total general revenues		7,461		231,452		238,913		
	Transfers				173,000		(173,000)		-		
	Change in net position		(58,446)		325,795		267,349		
	Net position - beginning, as								
	restated (Note 14)				302,543		51,849,445		52,151,988		
	Net position - ending		$	244,097	$	52,175,240	$	52,419,337		

See notes to the financial statements

9

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
BALANCE SHEET

GOVERNMENTAL FUNDS
SEPTEMBER 30, 2017

		Major Fund	
	General Fund	
ASSETS					
Cash	$			17,352	
Investments				131,319	
Assessments receivable				710	
Prepaids				11,948	
Total assets	$			161,329	
LIABILITIES AND FUND BALANCES					
Liabilities:					
Accounts payable	$			5,119	
Due to other funds				30,352	
Total liabilities				35,471	
Fund balances:					
Nonspendable:					
Prepaid items				11,948	
Assigned to:					
Subsequent year's expenditures				43,185	
Unassigned				70,725	
Total fund balance				125,858	
Total liabilities and fund balance	$			161,329	
Total fund balances - governmental funds		$	125,858	
Amounts reported for governmental activities in the					
statement of net position are different because:					
Capital assets used in governmental activities are not				
financial resources and, therefore, are not reported as				
assets in the governmental funds.  The statement of net				
position  includes  those  capital  assets,  net  of  any				
accumulated depreciation,  in the net position of the				
government as a whole.				118,239	
Net position of governmental activities			$	244,097	

See notes to the financial statements

10

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES,

AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS

FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2017

		Major Fund		
REVENUES	General Fund		
				
Maintenance assessments	$	161,811		
Interest and other revenues		2,061		
Miscellaneous income		5,400		
Total revenues		169,272		
EXPENDITURES				
Current:				
General government		225,020		
Maintenance and operations		169,278		
Capital outlay		16,959		
Total expenditures		411,257		
Excess (deficiency) of revenues over				
(under) expenditures		(241,985)		
OTHER FINANCING (USES)				
Interfund transfers		173,000		
Total other financing sources and (uses)		173,000		
Net change in fund balance		(68,985)		
Fund balance - beginning		194,843		
Fund balance - ending	$	125,858		

Net change in fund balances - total governmental funds

Amounts reported for governmental activities in the statement of activities are different because:

Depreciation of capital assets is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.

Governmental funds report capital outlays as expenditures, however, the cost of capital assets is eliminated in the statement of activities and capitalized in the statement of net position.

Change in net position of governmental activities

$	(68,985)

(6,420)

16,959

$	(58,446)

See notes to the financial statements

11

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF NET POSITION - PROPRIETARY FUNDS

SEPTEMBER 30, 2017

		Major Funds				
	Water, Sewer						
		and Effluent		Intracoastal				
	Reuse Enterprise	Waterway Bridge				
ASSETS		Fund	Enterprise Fund		Total		
								
Current assets:								
Cash and cash equivalents	$	281,545	$	152,143	$	433,688		
Investments		10,570,839		10,092,064		20,662,903		
Receivables		438,163		-		438,163		
Due from other funds		-		101,402		101,402		
Restricted assets:								
Investments		-		1,326,120		1,326,120		
Noncurrent assets:								
Prepaids		93,269		65,047		158,316		
Deposits		1,000		-		1,000		
Capital assets:								
Capital assets not being depreciated		1,200,552		497,401		1,697,953		
Capital assets being depreciated		43,679,600		13,199,756		56,879,356		
Less accumulated depreciation		(21,255,928)		(6,530,722)		(27,786,650)		
Total capital assets, net		23,624,224		7,166,435		30,790,659		
Total assets		35,009,040		18,903,211		53,912,251		
LIABILITIES								
Current liabilities:								
Accounts payable		91,411		186,351		277,762		
Due to other funds		71,050		-		71,050		
Contracts/retainage payable		-		9,398		9,398		
Noncurrent liabilities:								
Unearned revenue		846,173		532,628		1,378,801		
Total liabilities		1,008,634		728,377		1,737,011		
NET POSITION								
Net investment in capital assets		23,624,224		7,166,435		30,790,659		
Restricted for community projects		-		1,326,120		1,326,120		
Unrestricted		10,376,182		9,682,279		20,058,461		
Total net position	$	34,000,406	$	18,174,834	$	52,175,240		

See notes to the financial statements

12

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN

NET POSITION - PROPRIETARY FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2017

		Major Funds				
	Water, Sewer		Intracoastal				
		and Effluent		Waterways				
OPERATING REVENUES	Enterprise Fund		Bridge		Total		
								
Charges for sales and services:			$	-	$	1,067,436		
Water	$	1,067,436						
Irrigation and effluent		1,463,260		-		1,463,260		
Sewer		893,764		-		893,764		
Connection fees		57,883		-		57,883		
Meter fees		27,680		-		27,680		
Tolls		-		1,561,865		1,561,865		
Other		11,396		11,977		23,373		
Total operating revenues		3,521,419		1,573,842		5,095,261		
OPERATING EXPENSES						1,513,089		
Personnel services		1,019,272		493,817				
Materials, supplies and services		1,367,923		465,295		1,833,218		
Depreciation and amortization		1,178,811		302,800		1,481,611		
Total operating expense		3,566,006		1,261,912		4,827,918		
Operating income (loss)		(44,587)		311,930		267,343		
NON OPERATING REVENUE (EXPENSES)						231,452		
Interest income		110,748		120,704				
Total non operating revenue (expenses)		110,748		120,704		231,452		
Income before transfers		66,161		432,634		498,795		
Transfers out		(80,000)		(93,000)		(173,000)		
Change in net position		(13,839)		339,634		325,795		
Total net position - beginning, as restated (Note 14)		34,014,245		17,835,200		51,849,445		
Total net position - ending	$	34,000,406	$	18,174,834	$	52,175,240		

See notes to the financial statements

13

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
STATEMENT OF CASH FLOWS - PROPRIETARY FUNDS

FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2017

	Water, Sewer		Intracoastal				
	and Effluent		Waterway				
		Reuse		Bridge				
		Enterprise		Enterprise				
CASH FLOWS FROM OPERATING ACTIVITIES		Fund		Fund		Total		
								
Receipts from customers, users and other funds	$	3,580,315	$	1,448,121	$	5,028,436		
Other operating cash receipts		11,396		11,977		23,373		
Payments to suppliers		(1,388,423)		(283,190)		(1,671,613)		
Payments to employees		(1,009,347)		(487,030)		(1,496,377)		
Net cash provided (used) by								
operating activities		1,193,941		689,878		1,883,819		
CASH FLOWS FROM CAPITAL AND RELATED								
FINANCING ACTIVITIES:								
Purchases of capital assets		(363,305)		(255,856)		(619,161)		
Net cash provided (used) by capital								
and related financing activities		(363,305)		(255,856)		(619,161)		
CASH FLOWS FROM INVESTING ACTIVITIES								
Interest earnings		110,748		120,704		231,452		
Purchase of investments		(1,015,244)		795,687		(219,557)		
Net cash provided (used) by investing activities		(904,496)		916,391		11,895		
Net increase (decrease) in cash and cash equivalents		(73,860)		1,350,413		1,276,553		
Cash and cash equivalents - October 1		355,405		127,850		483,255		
Cash and cash equivalents - September 30	$	281,545	$	1,478,263	$	1,759,808		
Reconciliation of operating income (loss) to net cash								
								
provided (used) by operating activities								
Operating Income (loss)	$	(44,587)	$	311,930	$	267,343		
Adjustments to reconcile operating income (loss)								
to net cash provided (used) by Operating Activities:								
Depreciation and amortization		1,178,811		302,800		1,481,611		
(Increase)/Decrease in receivables		70,292		-		70,292		
(Increase)/Decrease in interfund receivable		-		(100,569)		(100,569)		
(Increase)/Decrease in prepaids		(9,210)		(3,471)		(12,681)		
Increase/(Decrease) in accounts payable		33,526		192,363		225,889		
Increase/(Decrease) in interfund payable		69,609		-		69,609		
Increase/(Decrease) in unearned revenue		(24,500)		79,825		55,325		
Interfund transfer		(80,000)		(93,000)		(173,000)		
Total Adjustments		1,238,528		377,948		1,616,476		
Net cash provided (used) by operating activities	$	1,193,941	$	689,878	$	1,883,819		

See notes to the financial statements

14

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Dunes Community Development District (“District”) was created on October 22, 1985, under the "Uniform Community Development District Act of 1980", otherwise known as Chapter 190, Florida Statutes. Chapter 190 provides that a Community Development District with a size of 1,000 acres or more may be established by rule adopted under Chapter 120 by the Florida Land and Water Adjudicatory Commission. The District was established by adopting Rule 42E-1. Chapter 190 provides among other things the power to manage basic services for community development and to levy and assess non-ad valorem assessments for the financing and maintenance of improvements.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by registered voters within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.

The Board has the responsibility for:

1.	Assessing and levying assessments.
2.	Approving budgets.
3.	Exercising control over facilities and properties.
4.	Controlling the use of funds generated by the District.
5.	Approving the hiring and firing of key personnel.
6.	Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements

The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services; and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

15

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation (Continued)

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based upon adopted budget and levied annually at a public hearing of the District. Debt Service Assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection (Chapter 197.3632, Florida Statutes). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the Debt Service Assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The government reports the following major governmental fund:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

The following major proprietary funds are used by the District:

Water and Sewer and Effluent Reuse Fund
This enterprise fund is used to account for the operations of the water and sewer utility services within the District. The costs of providing services to the residents are recovered primarily through user charges.

Intracoastal Waterway Bridge Enterprise Fund

This enterprise fund is used to account for the operations of a toll bridge. The costs of providing services are recovered primarily through user charges.

Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the District’s enterprise fund are charges to customers for sales and services. Operating expenses of the enterprise fund include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

16

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICES (Continued)

Assets, Liabilities and Net Position or Equity

Restricted Assets

These assets represent cash and investments set aside pursuant to Bond covenants or contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).

The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section 218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

a)	The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;

b)	Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
c)	Interest bearing time deposits or savings accounts in qualified public depositories;
d)	Direct obligations of the U.S. Treasury.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured.

The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a“2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Inventories and Prepaid Items
Inventories of governmental funds are recorded as expenditures when consumed rather than when purchased.

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Contributions

Capital Contributions consists of infrastructure improvements conveyed by the Developer or other entities to the District and cash contributions made by the Developer for infrastructure improvements.

Unearned Revenue
Unearned revenue in the Water and Sewer and Effluent Reuse Enterprise Fund consists of connection fees advanced by one of the Developers. Revenue is considered unearned until the specific unit is connected to the water and sewer system. Unearned revenue in the Intracoastal Waterway Bridge Enterprise Fund consists of amounts collected for toll passes which have not been used up by the customers.

17

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Capital Assets

Capital assets include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) . Assets used for general government activities are reported in the governmental activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets	Years	
Infrastructure	25 – 50	
Roadways	26	
Machinery and equipment	5	

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Long-Term Obligations

In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized ratably over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize Bond premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
Deferred outflows of resources represent a consumption of net position that applies to future reporting period(s). For example, the District would record deferred outflows of resources on the statement of net position related to debit amounts resulting from current and advance refundings resulting in the defeasance of debt (i.e. when there are differences between the reacquisition price and the net carrying amount of the old debt).

Deferred inflows of resources represent an acquisition of net position that applies to future reporting period(s). For example, when an asset is recorded in the governmental fund financial statements, but the revenue is unavailable, the District reports a deferred inflow of resources on the balance sheet until such times as the revenue becomes available.

18

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Fund Equity/Net Position

In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year end.

19

NOTE 3 – BUDGETARY INFORMATION (Continued)

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

a)	Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
b)	Public hearings are conducted to obtain public comments.
c)	Prior to October 1, the budget is legally adopted by the District Board.
d)	All budget changes must be approved by the District Board.
e)	The budgets are adopted on a basis consistent with generally accepted accounting principles.
f)	Unused appropriation for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits

The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments

The District’s investments were held as follows at September 30, 2017:

Investment	Maturities	Amortized Cost	Credit Risk		
Investment in Local Government Surplus Funds	Weighted average of the fund			S&P AAAm		
Trust Fund (Florida PRIME)	portfolio: 51 days	$	22,120,342			
						
Total Investments		$	22,120,342			

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:

•	Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
•	Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,

•	Level 3: Investments whose inputs are unobservable.

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

20

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.”

With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.

As of September 30, 2017, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.

NOTE 5 – RECEIVABLES

Receivables at September 30, 2017 are as follows:

		Water, Sewer and			
			Effluent Reuse			
			Enterprise Fund		Totals	
Receivables:						
Accounts	$	438,163	$	438,163	
		$	438,163	$	438,163	

21

NOTE 6 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2017 was as follows:

			Beginning						Ending	
			Balance		Additions		Deletions		Balance	
Governmental Activities									
Capital assets being depreciated:									
Infrastructure	$	104,208	$	-	$	-	$	104,208	
Machinery and equipment		19,074		16,959		-		36,033	
Total capital assets, being depreciated			123,282		16,959		-		140,241	
Less accumulated depreciation for:									
Infrastructure		6,947		2,605		-		9,552	
Machinery and equipment			8,635		3,815		-		12,450	
Total accumulated depreciation			15,582		6,420		-		22,002	
Total capital assets, being depreciated, net			107,700		10,539		-		118,239	
Governmental activities capital assets, net	$	107,700	$	10,539	$	-	$	118,239	
										
Business-type Activities									
Capital assets not being depreciated:									
Land	$	960,488	$	-	$	-	$	960,488	
Construction in progress			235,384		502,081		-		737,465	
Total capital assets, not being depreciated			1,195,872		502,081		-		1,697,953	
Capital assets being depreciated:									
Infrastructure		51,471,790		28,835		-		51,500,625	
Roadways		1,873,188		-		-		1,873,188	
Machinery and equipment			3,417,298		88,245		-		3,505,543	
Total capital assets, being depreciated			56,762,276		117,080		-		56,879,356	
Less accumulated depreciation for:									
Infrastructure		22,925,700		1,355,046		-		24,280,746	
Roadways		144,092		72,045		-		216,137	
Machinery and equipment			3,235,247		54,520		-		3,289,767	
Total accumulated depreciation			26,305,039		1,481,611		-		27,786,650	
Total capital assets, being depreciated, net			30,457,237		(1,364,531)		-		29,092,706	
Business-type activities capital assets, net	$	31,653,109	$	(862,450)	$	-	$	30,790,659	

During a prior fiscal, the District assumed ownership and maintenance responsibility of Hammock Dunes Parkway from the Ocean Hammock Property Owners Association (OHPOA). In conjunction with the conveyance, OHPOA also transferred $279,912 in reserves to the District for future maintenance on the property. As of September 30, 2017 all of the reserves have been expended.

22

NOTE 6 – CAPITAL ASSETS (Continued)

Depreciation expense was charged to function/programs of the primary government as follows:

Governmental Activities:			
General government	$	2,605	
Maintenance and operations		3,815	
Total depreciation expense	$	6,420	
Business-type Activities			
Water and sewer utilities	$	1,178,811	
Toll bridge operations		302,800	
Total depreciation expense	$	1,481,611	

NOTE 7 – WATER, SEWER, AND EFFLUENT REUSE TRANSACTIONS

In accordance with the Utility Connection Collection and Reimbursement Agreement amounts advanced as connection fees in previous years are reduced by the portion of the connection fees collected from outside customers during the fiscal year. On June 18, 2013, the Developer, HD Associates, LP, transferred its rights under the Utility Connection Collection & Reimbursement Agreement to the Hammock Dunes Owners Association, Inc. (HDOA). The transfer provided that all potential payments made after April 1, 2013 under the Agreements were to be made to the HDOA. During the fiscal year ended September 30, 2017, HDOA received refunds of $24,500.

NOTE 8 – INTER-LOCAL AGREEMENTS

The District has entered into an Inter-local Agreement with the City of Palm Coast (“City”), Florida pertaining to the provision of utility services whereby the City shall supply and the District shall accept at the point of delivery up to a maximum daily volume of 2.6 million gallons per day of reclaimed water subject to the terms and conditions outlined in the agreement. The City and the District shall obtain, maintain and amend, at their own expense, all permits, consents, and approvals as required by law for performance of their respective obligations outlined in the Inter-local Agreement.

Whenever either the District or the City is confronted by an emergency water condition and desires to purchase available potable water from the other, the requesting party shall notify the selling party, in writing or by phone, and request that up to 0.5 million gallons per day of available potable water be transferred to the requesting party for a continuous period not to exceed 60 days. The selling party shall respond as soon as possible in an emergency condition or within twenty-four hours. The duration of the transfer may be extended by mutual agreement of the parties.

On December 19, 2011, the District entered into an Inter-local Agreement with Flagler County (“County”), whereby the District will make certain surplus bridge funds available to the County for community projects to be approved by the District. The community projects shall be within the boundaries of the District or directly adjacent to the District boundaries. The District agreed to provide an initial contribution of $1 million, of which $350,000 is to be used for certain improvements in the Hammock Dunes DRI. In addition, commencing on October 1, 2013 and ending on October 1, 2016, the District shall make available to the County $200,000 per year for mutually agreed upon beneficial community projects. During a prior fiscal year, the agreement was amended to allow each party, at their sole discretion, to allocate the specific allocation of one half of the total funds or community projects. As a result, during the prior fiscal years, the District completed a sidewalk construction and other projects that were applied to this commitment. During the current fiscal year, additional projects totaling $78,093 were completed and applied to this commitment. The restricted net position of $1,326,120 at September 30, 2017 in the Intracoastal Waterway Bridge Fund relates to the remaining community projects.

23

NOTE 9 – INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS

Interfund receivables and payables at September 30, 2017 were as follows:

Fund		Receivable		Payable	
General	$	174	$	30,526	
Bridge		101,402		-	
Water and sewer		-		71,050	
Total	$	101,576	$	101,576	

The outstanding balances between funds result primarily from the time lag between the dates that transactions are recorded in the accounting system and payments between funds are made. In the case of the District, the balances between the bridge fund and the general and water and sewer funds relate to payroll expenditures of the general and water and sewer funds which were initially covered by the bridge fund.

Interfund transfers for the fiscal year ended September 30, 2017 were as follows:

Fund		Transfer in		Transfer out	
General	$	173,000	$	-	
Bridge		-		93,000	
Water and sewer		-		80,000	
Total	$	173,000	$	173,000	

Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the enterprise funds to the general fund were approved by the Board in the fiscal year 2017 budget to allocate surplus funds to offset the cost of general operations.

NOTE 10 – RETIREMENT PLAN

The District maintains a defined contribution plan for employees who meet a certain pay requirement. The District’s required contribution is 6% of the total salaries of qualified participants. Total salaries of qualified participants for the fiscal year ended September 30, 2017 were $922,377. Employer contributions for the period were approximately $56,364.

NOTE 11 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 12 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims during the past three years.

The District is involved in various claims and litigation arising in the ordinary course of operations, none of which, in the opinion of the Board of Supervisors and District Manager, will have a material effect on the District’s financial position.

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NOTE 13 – COMMITMENTS AND CONTINGENCIES

The District was involved in a lawsuit with a landowner relating to the Districts right to collect certain water capacity charges. The case was settled and there are no outstanding issues. The settlement fee was paid in fiscal year 2017.

As of September 30, 2017, the District had commitment on open contracts for various capital and maintenance projects. The contracts totaled approximately $661,236, of which approximately $77,555 was uncompleted at September 30, 2017.

NOTE 14 – PRIOR PERIOD ADJUSTMENT

The following prior period adjustment has been recorded to restate an overstated prepaid liability for toll revenues received in advance from customers:

				Intracoastal	
				Waterway	
	Business -Type		Bridge	
		Activities	Enterprise Fund	
Net position - beginning, before restatement	$	50,264,008	$	16,249,763	
Prior period adjustment		1,585,437		1,585,437	
Net position - beginning, as restated	$	51,849,445	$	17,835,200	

NOTE 15 – SUBSEQUENT EVENTS

Subsequent to fiscal year end, the District entered a contract in the amount of approximately $6.35 million for a wastewater treatment plant improvement project to be completed.

25

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN

FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2017

															Variance	
						Budget								Favorable	
						Original		Final				Actual	(Unfavorable)	
REVENUES													
Maintenance assessments	$	167,000	$	167,000		$	161,811		$	(5,189)	
Interest income		-		-				2,061			2,061	
Miscellaneous income		-		-				5,400			5,400	
Total revenues			167,000		167,000				169,272			2,272	
EXPENDITURES												
Current:												
General government		221,391		244,657				225,020			19,637	
Maintenance and operations		148,300		148,300				169,278			(20,978)	
Capital outlay		17,000		17,000				16,959			41	
Total expenditures			386,691		409,957				411,257			(1,300)	
Excess (deficiency) of revenues												
over (under) expenditures		(219,691)		(242,957)				(241,985)			972	
OTHER FINANCING SOURCES (USES)												
Carryforward surplus		46,691		46,691				-			(46,691)	
Transfer in		173,000		173,000				173,000			-	
Total other financing sources and (uses)			219,691		219,691				173,000			(46,691)	
Net change in fund balance	$	-	$	(23,266)				(68,985)		$	(45,719)	
Fund balance - beginning								194,843				
Fund balance - ending						$	125,858				

See notes to required supplementary information

26

DUNES COMMUNITY DEVELOPMENT DISTRICT
FLAGLER COUNTY, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the General Fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2017 was amended to increase appropriations by $23,266. Actual general fund expenditures for the fiscal year ended September 30, 2017 exceeded appropriations by $1,300. The over expenditures were funded by available fund balance.

27

2700 North Military Trail ▪ Suite 350

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

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Dunes Community Development District
Flagler County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, business type activities and each major fund of Dunes Community Development District, Flagler County, Florida (“District”) as of and for the fiscal year ended September 30, 2017, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated March 13, 2018.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

Compliance and Other Matters

As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

28

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

March 13, 2018

29

2700 North Military Trail ▪ Suite 350

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

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE
REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY
RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors

Dunes Community Development District
Flagler County, Florida

We have examined Dunes Community Development District, Flagler County, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the state of Florida during the fiscal year ended September 30, 2017. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2017.

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Dunes Community Development District, Flagler County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

March 13, 2018

30

2700 North Military Trail ▪ Suite 350

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

MANAGEMENT LETTER PURSUANT TO THE RULES OF
THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Dunes Community Development District

Flagler County, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Dunes Community Development District ("District") as of and for the fiscal year ended September 30, 2017, and have issued our report thereon dated March 13, 2018.

Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Auditor General.

Other Reports and Schedule

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters based on an audit of the financial statements performed in accordance with Government Auditing Standards; and Independent Accountant’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated March 13, 2018, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters described in Rule 10.550 as required by the Rules of the Auditor General of the state of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

I.	Current year findings and recommendations.
II.  Status of prior year findings and recommendations.

III. Compliance with the Provisions of the Auditor General of the state of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Dunes Community Development District, Flagler County, Florida and the Auditor General of the State of Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Dunes Community Development District, Flagler County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements and the courtesies extended to us.

March 13, 2018

31

REPORT TO MANAGEMENT

I.	CURRENT YEAR FINDINGS AND RECOMMENDATIONS

	None

II.	PRIOR YEAR FINDINGS AND RECOMMENDATIONS

	None

III.	COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

	Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

	Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

1.	A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

	There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2016.

2.	Any recommendations to improve the local governmental entity's financial management.

	There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2017.

3.	Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

	There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2017.

4.	The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

5.	The financial report filed with the Florida Department of Financial Services pursuant to Section 218.32(1)(a), Florida Statutes agrees with the September 30, 2017 financial audit report.

6.	The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

7.	We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2017. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

32

C.

RESOLUTION 2018-4

A RESOLUTION APPROVING THE DUNES
COMMUNITY DEVELOPMENT DISTRICT'S
PROPOSED BUDGETS FOR FISCAL YEAR 2019

AND SETTING A PUBLIC HEARING THEREON
PURSUANT TO FLORIDA LAW

WHEREAS, the District Manager has heretofore prepared and submitted to the Board the proposed General Fund Budget and Enterprise Fund Budgets for Fiscal Year 2019; and

WHEREAS, the Board of Supervisors has considered said proposed budgets and desires to set the required public hearing thereon;

NOW,  THEREFORE  BE  IT  RESOLVED  BY  THE

BOARD OF SUPERVISORS OF THE DUNES COMMUNITY DEVELOPMENT DISTRICT;

1. The General Fund Budget and Enterprise Fund Budgets proposed by the District Manager for Fiscal Year 2019 are hereby approved as the basis for conducting a public hearing to adopt said budgets.

2. A public hearing on said approved budgets is hereby declared and set for the following date, hour and place:

Date:	August 10, 2018  Hour:  9:30 AM

Place:	The Dunes CDD’s Administrative Office

101 Jungle Hut Road
Palm Coast, FL

Notice of this public hearing shall be published in the manner prescribed in Florida Law.

Adopted this 13th day of April, 2018.

John G. Leckie Jr., Chairman

Gregory L. Peugh, Secretary

Fiscal Year 2019 Budget

April 2, 2018

Dunes

Community Development District

TABLE OF CONTENTS

General Fund

Budget	Page 1-2

Water and Sewer Fund

Budget	Page 3-5

Bridge Fund

Budget	Page 6-7

Additional Documents

Employee Schedule	Page 8

Capital Improvements List	Page 9-10

General Fund Assessment Summary	Page 11

Utilities Revenue Projections	Page 12-13

Dunes

Community Development District												General Fund	
																
				Actuals		Adopted		Actual		Projected		Total		Proposed	
				thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
REVENUES															
001.300.31900.10000	Maintenance Assessments	$166,863	$197,000	$166,039	$32,183	$198,221	$197,000		
001.300.36100.11000	Interest Income	$2,061	$2,000	$542	$759	$1,301	$2,000		
		Carryforward Surplus	$194,842	$43,185	$125,859	$0	$125,859	$43,185		
001.300.38100.10000	Transfer from Water & Sewer Fund Surplus Account	$80,000	$90,000	$0	$90,000	$90,000	$90,000		
001.300.38100.10000	Transfer from Bridge Fund Surplus Account	$93,000	$110,000	$0	$110,000	$110,000	$110,000		
																
	TOTAL REVENUES			$536,765		$442,185		$292,440		$232,942		$525,382		$442,185		
EXPENDITURES															
	Administrative															
001.310.51300.11000	Supervisor Fees	$11,000	$14,000	$4,800	$7,000	$11,800	$14,000		
001.310.51300.21000	FICA Expense	$842	$1,071	$367	$536	$903	$1,071		
001.310.51300.31100	Engineering/Software Services	$1,633	$20,000	$0	$20,000	$20,000	$20,000		
001.310.51300.31500	Attorney	$12,188	$10,000	$1,461	$2,921	$4,382	$10,000		
001.310.51300.32000	Collection Fees, Uncollectable & Early Payment Discount	$8,710	$12,000	$9,377	$1,190	$10,566	$12,000		
001.310.51300.32200	Annual Audit	$3,200	$3,260	$2,500	$760	$3,260	$3,260		
001.310.51300.34000	Management Fees	$10,000	$10,000	$4,167	$5,833	$10,000	$10,000		
001.310.51300.35100	Computer Time	$1,325	$1,000	$417	$583	$1,000	$1,000		
001.310.51300.40000	Travel Expenses	$36	$2,000	$0	$500	$500	$2,000		
001.310.51300.42000	Postage & Express Mail	$2,419	$3,000	$1,231	$1,723	$2,954	$3,000		
001.310.51300.42500	Printing	$1,657	$2,000	$744	$1,041	$1,785	$2,000		
001.310.51300.45000	Insurance ###	$10,912	$12,000	$10,541	$0	$10,541	$12,000		
001.310.51300.48000	Advertising Legal & Other	$1,239	$1,200	$1,972	$875	$2,847	$1,200		
001.310.51300.49000	Bank Charges	$495	$600	$231	$323	$554	$600		
001.310.51300.49100	Contingencies	$4,204	$4,000	$1,846	$2,585	$4,431	$4,000		
001.310.51300.51000	Office Supplies	$234	$2,000	$185	$259	$444	$2,000		
001.310.51300.54000	Dues, Licenses & Subscriptions	$364	$1,000	$175	$245	$420	$1,000		
001.320.53800.12000	Salaries	$127,232	$143,909	$45,688	$63,963	$109,651	$143,909		
001.320.53800.12100	Consulting Fees	$0	$0	$1,500	$300	$1,800	$10,000		
001.320.53800.21000	FICA Taxes	$10,218	$11,964	$4,233	$4,893	$9,126	$11,964		
001.320.53800.22000	Pension Expense	$4,353	$6,241	$1,185	$3,554	$4,739	$6,241		
001.320.53800.23000	Health Insurance Benefits #	$16,509	$14,500	$6,451	$11,745	$18,196	$14,500  #	
001.320.53800.24000	Workers Comp Insurance	$1,302	$1,440	$2,099	$762	$2,861	$1,440		
001.320.53800.64000	Capital Improvements (See Capital Improvements List)	$16,959	$17,000	$28,116	$0	$28,116	$17,000		
																
	Administrative			$247,031		$294,185		$129,284		$131,592		$260,876		$304,185		
	(Less Contribution from Transfer, Surplus and Interest)		($147,331)		($164,650)								($164,650)		
	Total Administrative Raised From Assessment		$99,700		$129,535								$129,535		

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Community Development District															General Fund	
																	
				Actuals			Adopted		Actual		Projected		Total		Proposed	
				thru			Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017				FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
General & Stormwater System Maintenance																
001.320.53800.43000	Electric (7 Aerators)	$12,204		$15,000	$5,318	$7,446	$12,764	$15,000	
001.320.53800.46000	Building Maintenance	$13,217		$15,000	$10,256	$4,744	$15,000	$15,000	
001.320.53800.46200	Landscaping	$23,704		$24,000	$18,097	$5,904	$24,000	$24,000	
001.320.53800.46300	Tree & Shrub Removal	$3,150		$10,000	$5,700	$4,300	$10,000	$10,000	
001.320.53800.46500	Lake Maintenance	$13,046		$26,000	$17,395	$8,605	$26,000	$26,000	
001.320.53800.46700	Storm Drain System Maintenance	$93,171		$40,000	$0	$40,000	$40,000	$40,000	
001.320.53800.49300	Repair and Replacement Equipment	$831		$5,000	$9,118	$0	$9,118	$5,000	
001.320.53800.49200	Repair and Replacement Floating Aerators	$9,952		$10,000	$2,004	$7,996	$10,000	$10,000	
001.320.53800.52100	Grass Carp	$0		$3,000	$0	$3,000	$3,000	$3,000	
																
General & Stormwater System Maintenance		$169,275			$148,000		$67,888		$81,995		$149,882		$148,000	
(Less Contribution from Transfer, Surplus and Interest)	($101,975)		($80,535)								($80,535)	
General & Stormwater System Maintenance From Assessment	$67,300		$67,465								$67,465	
														
TOTAL EXPENDITURES		$416,306			$442,185		$197,172		$213,586		$410,758		$452,185	
												
TOTAL EXPENDITURES RAISED FROM ASSESSMENT		$167,000			$197,000								$197,000	
															
FUND BALANCE		$120,459		$0	$95,269	$19,355	$114,624	$0	

BUDGET HIGHLIGHTS FY 2019

1.	Assessments will be increased slightly from last years level even with funds coming from transfers from W & S Fund, Bridge Fund and Surplus.

2.	Payroll includes an average 3% increase over FY 2018 Budget.

3.	See Capital Improvements List.

4.	# Health Insurance is now based on a calandar year due to the ACA. We won't get new rates until November. The amount is an estimate of the cost.

5.	### Liability Insurance premimum is an estimate, but it should be very close to the final cost.

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Community Development District										Water and Sewer Fund	
														
			Actuals		Adopted		Actual		Projected		Total		Proposed	
			thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
OPERATING REVENUES														
041.300.34300.30000	Water Revenue	$1,120,075	$993,279	$385,863	$771,727	$1,157,590	$993,279	
041.300.34300.50000	Sewer Revenue	$867,427	$901,097	$323,448	$646,896	$970,344	$901,097	
041.300.34300.76000	Irrigation/Effluent	$1,463,260	$1,210,593	$441,990	$883,980	$1,325,970	$1,210,593	
041.300.34300.10000	Meter Fees	$27,680	$20,000	$14,444	$5,556	$20,000	$20,000	
041.300.34300.10100	Connection Fees - W, S & I (6 units)	$31,581	$27,000	$17,000	$10,000	$27,000	$27,000	
041.300.36900.10000	CPC Effluent Agreement	$0	$40	$0	$40	$40	$40	
041.300.34900.10200	Backflow Preventor/Misc.	$1,120	$100	$665	$665	$1,330	$100	
041.300.33700.30000	Grant Income	$0	$0	$0	$0	$0	$0	
041.300.36900.10000	Misc. Income / Penalty	$10,276	$10,000	$11,778	$23,556	$35,334	$10,000	
														
TOTAL REVENUES		$3,521,418	$3,162,109	$1,195,189	$2,342,420	$3,537,609	$3,162,109	
OPERATING EXPENSES														
Administrative														
041.310.51300.31100	Engineering	$7,650	$50,000	$1,100	$48,900	$50,000	$50,000	
041.310.51300.31500	Attorney	$17,391	$35,000	$3,350	$6,701	$10,051	$35,000	
041.310.51300.32200	Annual Audit	$7,200	$7,335	$6,300	$1,035	$7,335	$7,335	
041.310.51300.34000	Management Fees	$19,000	$19,000	$7,917	$11,083	$19,000	$19,000	
041.310.51300.40000	Travel Expenses	$15,426	$15,000	$5,457	$7,639	$13,096	$15,000	
041.310.51300.42000	Postage & Express Mail	$4,113	$6,000	$1,619	$2,266	$3,885	$6,000	
041.310.51300.42500	Printing & Mailing Utility Bills	$15,362	$17,500	$6,301	$8,822	$15,123	$17,500	
041.310.51300.48000	Advertising Legal & Other	$760	$2,500	$0	$2,500	$2,500	$2,500	
041.310.51300.49000	Bank Charges	$9,182	$10,000	$2,343	$3,280	$5,624	$10,000	
041.310.51300.49100	Contingencies	$38,154	$20,000	$6,870	$9,618	$16,488	$20,000	
041.310.51300.51000	Office Supplies and Equipment	$12,942	$15,000	$6,183	$8,657	$14,840	$15,000	
041.310.51300.54000	Dues, Licenses & Subscriptions	$7,495	$7,000	$4,716	$6,603	$11,319	$7,000	
041.310.51300.54200	Permits Fees WTP & WWTP	$6,600	$15,000	$5,600	$7,840	$13,440	$15,000	
041.310.51300.55000	Land Leases & Easement Fees	$11,034	$12,000	$0	$12,000	$12,000	$12,000	
041.310.53600.12000	Salaries Including Overtime	$746,485	$775,087	$276,131	$386,583	$662,714	$775,087	
041.310.53600.12100	Consulting Fees	$0	$0	$2,000	$400	$2,400	$0	
041.310.53600.21000	FICA Taxes	$61,558	$65,561	$23,765	$29,574	$53,338	$65,561	
041.310.53600.22000	Pension Plan	$35,479	$40,961	$8,249	$24,747	$32,997	$40,961	
041.310.53600.23000	Insurance Benefits (Medical) #	$165,825	$175,000	$66,140	$97,381	$163,521	$175,000	
041.310.53600.24000	Workers Compensation Insurance	$9,925	$14,400	$9,240	$6,094	$15,333	$14,400	
041.310.53600.25000	Unemployment Benefits	$0	$5,000	$0	$0	$0	$5,000	
041.310.53600.32480	Bad Debt Expense	$29	$0	$0	$0	$0	$0	
041.310.53600.41000	Telephone	$16,914	$17,000	$6,812	$9,537	$16,349	$17,000	
041.310.53600.44000	Equipment Rentals & Leases	$3,678	$4,000	$2,040	$2,856	$4,896	$4,000	
041.310.53600.45000	Insurance ##	$71,214	$78,000	$68,514	$0	$68,514	$78,000	
041.310.53600.46100	Repair and Maintenance for Vehicles	$11,114	$8,000	$2,071	$2,899	$4,970	$8,000	
041.310.53600.52000	Supplies/Equipment General	$4,637	$4,000	$2,595	$3,634	$6,229	$4,000	
041.310.53600.52055	Uniforms/Supplies/Services	$7,506	$7,000	$7,607	$10,650	$18,257	$7,000	
041.310.53600.52100	Fuel for Vehicles	$7,727	$8,000	$3,360	$4,704	$8,064	$8,000	
041.310.53600.52000	Tools	$2,475	$3,000	$2,163	$3,029	$5,192	$3,000	
041.310.53600.54100	Training & Education	$9,981	$8,000	$2,967	$4,153	$7,120	$8,000	
														
Administrative			$1,326,854		$1,444,344		$541,410		$723,184		$1,264,594		$1,444,344	

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Community Development District										Water and Sewer Fund	
														
			Actuals		Adopted		Actual		Projected		Total		Proposed	
			thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
Water System														
041.320.53600.34800	Water Quality Testing	$21,446	$20,000	$3,965	$5,551	$9,515	$20,000	
041.320.53600.43000	Electric	$121,141	$115,000	$48,612	$68,057	$116,670	$115,000	
041.320.53600.43100	Bulk Water Purchases	$32	$20,000	$13	$19,987	$20,000	$20,000	
041.320.53600.44000	Equipment Rentals & Leases	$0	$1,000	$0	$1,000	$1,000	$1,000	
041.320.53600.46000	Plant Maintenance Repair and Equipment	$93,285	$70,000	$23,225	$32,515	$55,740	$70,000	
041.320.53600.46050	Distribution System Maintenance Repair and Equipment	$22,974	$25,000	$8,299	$11,618	$19,917	$25,000	
041.320.53600.52000	Plant Operating Supplies	$17,068	$15,000	$12,467	$17,453	$29,920	$15,000	
041.320.53600.52200	Chlorine & Other Chemicals	$175,851	$170,000	$69,274	$96,984	$166,258	$170,000	
041.320.53600.61000	Meters New & Replacement	$0	$15,000	$8,693	$6,307	$15,000	$15,000	
														
Water System		$451,797	$451,000	$174,548	$259,472	$434,020	$451,000	
Sewer System														
041.330.53600.34800	Water Quality Testing	$10,703	$15,000	$4,694	$6,572	$11,266	$15,000	
041.330.53600.34900	Sludge Disposal	$7,600	$15,000	$8,782	$12,295	$21,077	$15,000	
041.330.53600.43000	Electric	$43,219	$50,000	$15,370	$21,518	$36,889	$50,000	
041.330.53600.44000	Equipment Rentals & Leases	$0	$3,000	$0	$3,000	$3,000	$3,000	
041.330.53600.46000	Plant Maintenance Repair and Equipment	$50,018	$50,000	$23,809	$33,332	$57,141	$50,000	
041.330.53600.46050	Collection System Maintenance Repair and Equipment	$18,745	$20,000	$15,282	$21,394	$36,676	$20,000	
041.330.53600.46075	Lift Station Repair and Maintenance	$60,162	$45,000	$11,575	$16,205	$27,780	$45,000	
041.330.53600.52000	Plant Operating Supplies	$13,782	$15,000	$2,517	$3,524	$6,042	$15,000	
041.330.53600.52200	Chlorine & Other Chemicals	$33,582	$35,000	$6,709	$9,393	$16,102	$35,000	
														
Sewer System		$237,809	$248,000	$88,738	$127,233	$215,972	$248,000	
Irrigation System														
041.340.53600.34800	Water Quality Testing	$0	$5,000	$0	$5,000	$5,000	$5,000	
041.340.53600.43000	Electric	$48,372	$45,000	$17,192	$24,068	$41,260	$45,000	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	$167,105	$155,000	$51,262	$71,767	$123,029	$155,000	
041.340.53600.44000	Equipment Rentals & Leases	$9,208	$2,000	$1,358	$1,901	$3,259	$2,000	
041.340.53600.46000	Plant Maintenance Repair and Equipment	$24,290	$40,000	$5,019	$7,026	$12,045	$40,000	
041.340.53600.46050	Distribution System Maintenance Repair and Equipment	$28,706	$20,000	$6,133	$8,587	$14,720	$20,000	
041.340.53600.61000	Meters New & Replacement	$18,925	$10,000	$3,042	$4,259	$7,302	$10,000	
														
Irrigation System			$296,608		$277,000		$84,006		$122,608		$206,614		$277,000	

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Community Development District										Water and Sewer Fund	
														
			Actuals		Adopted		Actual		Projected		Total		Proposed	
			thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
Contribution to Reserves & General Fund													
041.310.51300.63100	Renewal and Replacement	$127,871	$200,000	$80,484	$119,516	$200,000	$200,000	
											
Contribution to Reserves	$127,871	$200,000		$80,484		$119,516		$200,000		$200,000	
													
TOTAL OPERATING EXPENSES	$2,440,940	$2,620,344	$969,186	$1,352,013	$2,321,200	$2,620,344	
Non-Operating Revenue (Expenses)													
041.300.22300.10000	Connection Fees - (W/S paid to HDOA)	$0	($21,000)	$0	($21,000)	($21,000)	($21,000)	
041.300.36900.10200	Non Operating Revenue - from W&S Surplus Account	$0	$4,757,235	$0	$4,757,235	$4,757,235	$4,757,235	
041.300.33700.30000	Grant Income	$0	$0	$0	$0	$0	$0	
041.300.36100.10000	Interest Income	$110,748	$90,000	$52,241	$73,138	$125,379	$90,000	
041.310.51300.64000	Capital Improvements (See Capital Improvements List)	($309,556)	($5,320,000)	($160,017)	($5,159,983)	($5,320,000)	($5,320,000)	
041.310.51300.64001	Contribution to Capital Facilities Reserves	$0	$0	$0	$0	$0	$0	
041.300.58100.10000	Contribution to General Fund	($80,000)	($90,000)	$0	($90,000)	($90,000)	($90,000)	
													
Non-Operating Revenue (Expenses)		($278,809)		($583,765)		($107,776)		($440,610)		($548,386)		($583,765)	
														
NET INCOME		$801,669	($42,000)	$118,227	$549,797	$668,024	($42,000)	

BUDGET HIGHLIGHTS FY 2019

1.	Payroll includes an average 3 % increase over FY 2018 Budget.

2.	See Capital Improvements List.

3.Transfer $90,000 from W & S Fund Suprlus to General Fund per Opinion of Counsel and Grau's letter.

4.	# Health Insurance is now based on a calandar year due to the ACA. We won't get new rates until November. The amount is an estimate of the cost.
5.	## Liability Insurance premimum is an estimate, but it should be very close to the final cost.

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Community Development District											Bridge Fund	
															
			Actuals		Adopted		Actual		Projected		Total		Proposed	
			thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
OPERATING REVENUES															
042.300.34900.10000	Toll Collections	$1,561,865	$1,695,750	$657,647	$945,000	$1,602,647	$1,695,750		
042.300.36900.10000	Miscellaneous	$11,977	$5,000	$12,000	$0	$12,000	$5,000		
															
TOTAL REVENUES		$1,573,843	$1,700,750	$669,647	$945,000	$1,614,647	$1,700,750		
OPERATING EXPENSES															
Administrative															
042.310.51300.31100	Engineering	$300	$5,000	$0	$5,000	$5,000	$5,000		
042.310.51300.31500	Attorney	$5,519	$10,000	$2,636	$3,691	$6,327	$10,000		
042.310.51300.32200	Annual Audit	$5,600	$5,705	$3,700	$2,005	$5,705	$5,705		
042.310.51300.34000	Management Fees	$17,000	$17,000	$7,083	$9,917	$17,000	$17,000		
042.310.51300.49000	Bank Charges	$4,255	$4,000	$1,720	$2,408	$4,128	$4,000		
042.310.51300.49100	Contingencies	$1,481	$5,000	$1,237	$1,732	$2,969	$5,000		
															
Administrative		$34,154	$46,705	$16,377	$24,752	$41,129	$46,705		
Operating Expenses - Toll Facility														
042.320.54900.12000	Salaries	$360,609	$375,632	$145,392	$203,549	$348,942	$375,632		
042.320.54900.12100	Consulting Fee	$0	$0	$1,500	$300	$1,800	$0		
042.320.54900.15000	Overtime and Special Pay	$1,900	$11,620	$1,930	$0	$1,930	$11,620		
042.320.54900.21000	FICA Taxes	$29,262	$31,751	$12,780	$15,572	$28,352	$31,751		
042.320.54900.22000	Pension Plan	$13,695	$13,900	$2,400	$7,200	$9,600	$13,900		
042.320.54900.23000	Insurance Benefits (Medical) #	$81,564	$80,000	$37,690	$57,710	$95,400	$80,000  #	
042.320.54900.24000	Workers Compensation Insurance	$6,787	$8,160	$5,567	$5,332	$10,899	$8,160		
042.320.54900.34300	Contractual Support	$9,038	$20,000	$3,197	$4,476	$7,674	$20,000		
042.320.54900.34500	Payroll Processing Fee	$7,532	$8,000	$7,161	$10,025	$17,185	$8,000		
042.320.54900.34600	Credit Card Processing Fee	$21,136	$20,000	$7,278	$10,189	$17,467	$20,000		
042.320.54900.40000	Travel Expenses	$0	$1,000	$0	$1,000	$1,000	$1,000		
042.320.54900.41000	Telephone	$6,417	$5,000	$2,521	$3,529	$6,050	$5,000		
042.320.54900.42500	Printing	$4,081	$3,500	$757	$1,059	$1,816	$3,500		
042.320.54900.43000	Utility Services	$14,335	$15,000	$6,223	$8,713	$14,936	$15,000		
042.320.54900.45000	Insurance ##	$54,558	$60,000	$52,703	$0	$52,703	$60,000		
042.320.54900.45001	Insurance Claims	$0	$0	$15,000	$0	$15,000	$0		
042.320.54900.46000	Repairs & Maintenance	$73,385	$50,000	$43,201	$25,000	$68,201	$50,000		
042.320.54900.46002	Repairs & Maintenance-Parkway	$155,707	$120,000	$67,653	$52,347	$120,000	$120,000		
042.320.54900.46100	DOT mandated Bridge Inspection (Required in 2017)	$19,933	$0	$0	$0	$0	$0		
042.320.54900.51000	Office Supplies	$2,279	$3,000	$1,113	$1,559	$2,672	$3,000		
042.320.54900.52000	Operating Supplies	$8,670	$15,000	$11,168	$15,636	$26,804	$15,000		
														
Operating Expenses - Toll Facility		$870,887		$841,563		$425,235		$423,195		$848,431		$841,563		
														
SUBTOTAL OPERATING EXPENSES		$905,041		$888,268		$441,612		$447,948		$889,560		$888,268		

Page 6

Dunes

Community Development District											Bridge Fund	
															
				Actuals		Adopted		Actual		Projected		Total		Proposed	
				thru		Budget		Thru		Next		Projected		Budget	
Expense Code	Description	9/30/2017		FY 2018	2/28/2018		7 Months	9/30/2018		FY 2019	
	Contribution to Reserves & Community Projects													
042.320.54900.65000	Maintenance Reserves	$0	$797,482	$0	$679,250	$679,250	$797,482	
042.320.54900.64000	Community Projects Transfer from Surplus Revenues	$200,000	$0	$0	$0	$0	$0	
042.310.51300.60002	Parkway Capital Expenditures	$78,093	$25,000	$0	$25,000	$25,000	$25,000	
														
	Maintenance Reserves & Community Projects	$278,093	$822,482	$0	$704,250	$704,250	$822,482	
	Non Operating Revenue (Expenses)													
042.300.36100.11000	Interest Income	$120,704	$120,000	$55,372	$77,520	$132,892	$120,000	
042.300.36900.10400	Asset Contribution	$0	$0	$0	$0	$0	$0	
042.320.54900.64000	Capital Improvements (New Toll System)	($192,501)	$0	0	$0	$0	$0	
042.320.54900.64000	Capital Improvements	($39,335)	$0	($43,729)	$0	($43,729)	$0	
042.300.38100.10000	Transfer from Surplus Funds	$0	$0	$0	$0	$0	$0	
042.300.38100.10000	Transfer to General Fund	($93,000)	($110,000)	$0	($110,000)	($110,000)	($110,000)	
														
	TOTAL NON OPERATING REVENUE (EXPENSES)	($204,132)	$10,000	$11,642	($32,480)	($20,837)	$10,000	
															
	NET INCOME			$186,577		($0)		$239,677		($239,677)		($0)		($0)	

BUDGET HIGHLIGHTS FY 2019

1.	Revenues based on 1,785,000 vehicle trips (70% prepaid and 30% cash) average cost of $0.95 per trip [1,785,000]X[0.95] = $1,695,750

2.	Payroll includes an average 3% increase over FY 2018 Budget.

3.	Maintenance Reserves base on Engineering and Financial Consultant's recommendation.

4.	Transfer $110,000 from Bridge Surplus Account to General Fund.

5.	# Health Insurance is now based on a calandar year due to the ACA. We won't get new rates until November. The amount is an estimate of the cost.

6.	## Liability Insurance premimum is an estimate, but it should be very close to the final cost.

Page 7

DUNES COMMUNITY DEVELOPMENT DISTRICT

EMPLOYEE SCHEDULE FY 2019 (REVISED 3/14/18)

													2018 - 2019		
						Adopted Fiscal 2017 - 2018		Estim.	Estim.	Annual Budget Distribution		
				Anniv.	Apr	Date	Pay Raise	New	Eligible For	Weekly	Annual		General		
	Name	Position	FT/PT	Date	Rate	Due	Amt.	Rate	Ins.- I, Ret.- R	Hours	Wage	Utility	Fund	Bridge	
	Alvarado, Maribel	W/WW, OM	FT	4/1/2007	28.64	4/19	0.57	29.22	I,R	40	60,788	45,591	15,197		
	Oakes, David	W/WW	FT	1/23/2012	24.35	1/19	0.49	24.84	I,R	40	51,636	51,636			
	Boss, David	W/WW	FTE	12/1/2006	3,318.48	12/18	66.37	3,384.85	I,R	1	88,010	88,010			
	Morales,Tracy	Admin. Assit.	FT	7/6/2016	15.45	7/19	0.46	15.91	I,R	40	33,124	24,843	8,281		
	Brill, Cory	W/WW	FT	2/21/2006	19.65	10/18	0.59	20.24	I,R	40	42,120	33,696	8,424		
	Mendonsa,Justin	W/WW	FT	4/27/2016	16.77	10/18	0.50	17.27	I,R	40	35,932	35,932			
	Huckle, Chris	W/WW	FT	7/14/2000	21.34	7/19	0.64	21.98	I,R	40	45,708	36,566	9,142		
	Morris, Tim	W/WW, PS	FT	10/1/2007	28.25	10/18	0.85	29.10	I,R	40	60,528	60,528			
	Open	W/WW	FT		17.00	10/18	0.51	17.51	I	40	36,400	36,400			
		Dist. Mgr.	FTE	8/13/1999				0.00	R	1	77,554	31,022	23,266	23,266	
	Peugh,Gregory	Dist. Mgr.	FTE	8/23/2017	5,384.62			5,384.62	I	1	140,000	56,000	42,000	42,000	
	Washko, Paul	W/WW, FS	FTE	04/01/01	3,302.14	4/19	66.04	3,368.18	I,R	1	87,568	78,811	8,757		
	Sheahan, Timothy	Utility Mgr	FTE	10/1/2008	4,512.93	10/18	135.39	4,648.32	I,R	1	120,856	90,642	30,214		
	Billington, Trulon	W/WW	FT	8/8/2016	20.00	10/18	0.60	20.60	I,R	40	42,848	42,848			
	McMillen, Austin	W/WW	FT	11/14/2016	16.28	10/18	0.49	16.77	I,R	40	34,892	34,892			
	OVERTIME AND SPECIAL PAY FOR BRIDGE AND WATER/WASTEWATER		10/18					41,120	29,500		11,620	
															
	Lummbra, Michael	Asst. Br Mgr	FT	11/28/2016	20.70	5/19	0.41	21.11	I,R	40	43,940			43,940	
	Peterson, Jon	Toll Supr.	FT	3/20/2010	12.70	10/18	0.38	13.08	I,R	40	27,196			27,196	
	Rodino, Anthony	Toll Coll.	FT	7/14/2011	9.52	10/18	0.29	9.81	I,R	40	20,384			20,384	
	Hagenberg, William	Toll Coll.	PT	1/21/2003	15.17	10/18	0.46	15.63		32	26,000			26,000	
	Ausbrook, Robert	Bridge Mgr.	FTE	5/9/2002	2,379.72	5/15	47.59	2,427.31	I,R	1	63,102			63,102	
	Wettlaufer, Thomas	Toll Coll.	PT	5/8/2017	8.24	10/18	0.25	8.49		20	8,840			8,840	
	Bukovack, Stephen	Toll Coll.	FT	10/25/2013	9.74	10/18	0.29	10.03	I,R	40	20,852			20,852	
	Sample, Michael	Toll Coll.	PT	12/27/2017	9.00	10/18	0.27	9.27		16	7,696			7,696	
	Oberlin, Kenneth	Toll Coll.	PT	2/19/2014	8.74	10/18	0.26	9.00		8	3,744			3,744	
	Oberle, Raymond	Toll Coll.	PT	11/18/2012	9.96	10/18	0.30	10.26		12	6,396			6,396	
	Volavka, Richard	Toll Coll.	PT	11/21/2014	8.49	10/18	0.25	8.74		16	7,280			7,280	
	Sapp, Michael	Toll Coll.	PT	12/20/2008	9.91	10/18	0.30	10.21		12	6,344			6,344	
	Roberts, John	Toll Coll.	PT	1/8/2018	9.00	10/18	0.27	9.27							
	Daley, George	Toll Coll.	FT	10/3/2012	10.58	10/18	0.32	10.90	I,R	40	22,672			22,672	
	Cheseldine, Ann	Toll Coll.	PT	9/9/2014	8.74	10/18	0.26	9.00		16	7,488			7,488	
	Bauman, Dennis	Toll Coll.	PT	11/20/2015	8.49	10/18	0.25	8.74		24	10,920			10,920	
	Hilton, Leonardo	Toll Coll.	PT	8/28/2017	9.00	10/18	0.27	9.27		16	7,696			7,696	
	Carlone, Gary	Toll Coll.	PT	4/6/2015	8.74	10/18	0.26	9.00		20	9,360			9,360	

FY 2019 Budget assumes all highlighted employees receive a 3.0% increase at inception of fiscal year.

Bridge Scheduling:			hrs/day	hrs/wk	
6:00am-2:30pm shift (Mon-Thur)	1 supr - 2 coll (4 days per week)	24	96.00	
2:00pm-7:30pm shift (Mon-Wed)	1 coll (3 days per week)	5.5	16.50	
2:00pm-10:30 pm shift (Thur)	1 coll (1 day per week)	8	8.00	
2:00pm-10:30 pm shift (wee (Mon-Thur)	1 supr - 1 coll (4 days per week)	16	64.00	
6:00am-2:30pm shift (week	Fri-Sat)	1 supr -2 coll (2 days per week)	24	48.00	
2:00pm-10:30pm shift (Mon Fri-Sat)	1 supr -2 coll (2 days per week)	24	48.00	
6:00am-2:30pm shift (week	Sun)	1 supr - 1 coll (1 days per week)	16	16.00	
9:00am-7:30pm shift (week	Sun)	1 coll (1 days per week)	10	10.00	
2:00pm-10:30pm shift (Sun) (Sun)	1 supr -1 coll (1 days per week)	16	16.00	
10:00pm-6:30am		1 coll (7 days per week)	8	56.00	
	Total hours per week			378.50	

Total Year	$1,298,994	$776,917	$145,281	$376,796	
					
Retirement Contribution		$61,250			
W/WW Budget		41,071			
Bridge Budget		13,982			
General Fund		6,197			
Employees Covered by Med. Ins.		20			
W/WW Budget		14			
Bridge Budget		6			
Budgeted weekly hours Bridge		419			

Page 8

Capital Improvements List FY 2019

Water & Sewer Budget				
Items:	Priority	Amount		
WATER				
Water Distribution System Improvements (Hammock Beach, Yacht Harbor Village)	2	$195,160		
Construction Engineering & Inspection for Distribution Project	2	$31,500		
Utility Truck & Equipment	1	$35,000		
Awning for Metal Maintenance Building	1	$10,000		
High Service Pump Station Enclosure with Storage Area	1	$180,000		
WASTEWATER				
Construction of WWTP Expansion (total cost $4,664,000 balance will be spent in FY 2018)	1	$4,900,000		
Engineering, Construction Services (Permitting,Bidding & Biddingtotal cost $317,625				
to be billed in FY 2017)				
Collection SystemI Improvements Emergency Pumping Systems 2@$ 90,000 ea.		$180,000		
Construction Engineering & Inspection for WWTP	1	$60,000		
Subtotal Priority 1				
		$5,320,000		
WATER				
Water Distribution System Improvements (Hammock Beach, Yacht Harbor Village)	2	$195,160		
Construction Engineering & Inspection for Distribution Project	2	$31,500		
WASTEWATER				
Subtotal Priority 2				
		$226,660		
				
Total Capital Improvements Water & Sewer Budgets FY2019		$5,546,660		
Bridge Budget				
				
Items:				
				
Total Capital Improvements Bridge Budget FY2019		$0		

Page 9

Capital Improvements List FY 2019

Water & Sewer Budget				
Items:	Priority	Amount		
General Fund				
Item:	1			
Dell Power Edge Server to provide addition data storage capacity and redundence		$17,000		
				
Total Capital Improvements General Fund Budget FY2019		$17,000		
Capital Improvements FY 2020-2024				
				
Reuse System Improvements (pumping and transmission) Estimate		$1,500,000		
Membrane Replacement		$250,000		
ARB Fixed Base Gateway Meter Reading		$146,000		
Collection System Improvements (RTUs)		$138,000		
HDP Resurfacing Roadway		$400,000		
Construction of WWTP Expansion (to be spent in FY 2018)		$2,000,000		
Vacuum Sewer Cleaning Vehicle		$360,000		
				
		$2,794,000		

Only Priority 1 items included in budgets and any additional Capital Improvements must be funded from surplus

Carryover from previous years budget or carry forward to future year

Completed Projects

Page 10

DUNES COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND BUDGET ASSESSMENT SUMMARY

FY 2019

COUNTY TAX YEAR 2018

MAINTENANCE ASSESSMENT	PHASE	$					
		197,000					
INTEREST INCOME & SURPLUS		45,185					
TRANSFERS APPLIED TO ADMINISTRATION EXPENSE		135,132					
TRANSFERS APPLIED TO MAINTENANCE EXPENSE		64,868					
TOTAL REVENUES							
		442,185					
SUBTOTAL ADMIN. EXPENDITURES	ALL						
		294,185					
PHASE 1 & 2 MAINTENANCE EXPENSES	PH 1&2	128,300					
PHASE 3 MAINTENANCE EXPENSES	PH 3	0					
SUBTOTAL MAINTENANCE EXPENDITURES							
		148,000					
TOTAL EXPENDITURES							
		442,185					
NET INCOME							
		0					
TOTAL ADMIN EXP FROM ASSESSMENT (less surplus & interest)	ALL						
		129,535					
TOTAL MAINT EXP FROM ASSESSMENT (less surplus & interest)	PH 1&2	67,465					
TOTAL ASSESSMENT & SURPLUS		197,000					
EXPENDITURES AS % OF GROSS LEVY							
		44.55%					
							
				2018	2017		
ADMINISTRATIVE ASSESSMENT PER UNIT- ALL UNITS-		UNITS	DOLLARS	$/UNIT	$/UNIT		
		3437	$129,535	$37.69	$29.01		
PHASE I & II MAINTENANCE ASSESSMENT PER UNIT		3098	$67,465	$21.78	$21.72		
PHASE III MAINTENANCE ASSESSMENT PER UNIT		339	$0	$0.00	$0.00		
TOIL EXPENSES			$197,000	$59.47	50.73		
							
PHASE 1 TOTAL PER UNIT/LOT/ACRE				$59.47	$50.73		
PHASE 2 TOTAL PER UNIT/LOT/ACRE				$59.47	$50.73		
PHASE 3 TOTAL PER UNIT/LOT/ACRE				$37.69	$29.01		
							
			ACTUAL $				
			ASSESSMENT				
ADMINISTRATIVE ASSESSMENT PER UNIT ALL PHASES ($37.69 X 3437)		$129,541				
MAINTENANCE ASSESSMENT PER UNIT PHASES 1&2 ONLY ($21.78 X 3098)		$67,474				
TOTAL ACTUAL ASSESSMENT			$197,015				

Dunes Budget FY2019 - Prelim to County  4/5/2018	Page 11

DUNES COMMUNITY DEVELOPMENT DISTRICT BUDGET REVENUE PROJECTIONS

BASED ON NUMBER OF ACCOUNTS AND ACTUAL METERED QUANTITIES FROM JULY 1, 2017 - JUNE 30, 2018 FOR BUDGET FY YEAR 2019 RATES
								Revenue									
				Average				producing		Commodity	Monthly	Monthly	Total	Total		
PHASE I & PHASE II	daily usage	# of acc'ts	2017-2018		2017-2018	AC/acct	Charge	AC	Commodity	Monthly	Gallons		
	(gpd)	Jun 30, 2017	additions	accounts	per mo	per 1000 gal	Revenue	Revenue	Revenue	Per Day		
I P01		POT IRRIGATION 5/8	276	6			6	$47.66	$2.42		$286	$120	$406	1,655		
I P02		POT IRRIGATION 1"	0	0			0	$119.14	$2.42		$0	$0	$0	0		
I P03		POT IRRIGATION 1.5"	1,960	5			5	$238.29	$2.42		$1,191	$712	$1,903	9,801		
I P04		POT IRRIGATION 2"	19,052	2			2	$381.26	$2.42		$763	$2,766	$3,529	38,104		
IPO5		POT IRRIGATION 3"		99,269	1			1	$381.26	$2.42		$381	$7,207	$7,588	99,269		
		Subtotal Potable Irrigation			14			14	Potable Irrigation	$2,621	$10,805	$13,426	148,829		
I 001		EFFL. IRRIGATION 5/8 SM			5		222	$17.33	$0.80		$3,847	$4,227	$8,075	176,143		
			793	217												
IA01		EFFL. IRRIGATION 5/8 MED	1,102	304	5		309	$17.33	$0.80		$5,355	$8,175	$13,530	340,622		
IB01		EFFL. IRRIGATION 3/4 LRG	2,618	164	5		169	$17.33	$0.80		$2,929	$10,618	$13,547	442,421		
I MO2		MIN. M.F./UNITS	0	152			152	$17.33	$0.80		$2,634	$0	$2,634	0		
I 002		EFFL. IRRIGATION 1"	1,769	13			13	$43.33	$0.80		$563	$552	$1,115	22,997		
I 003		EFFL. IRRIGATION 1.5"	5,052	10			10	$86.65	$0.80		$867	$1,213	$2,079	50,521		
I 004		EFFL. IRRIGATION 2.0"	10,135	32			32	$138.64	$0.80		$4,436	$7,783	$12,220	324,305		
I 005		EFFL. IRRIGATION 3.0"	18,087	8			8	$259.95	$0.80		$2,080	$3,473	$5,552	144,696		
I 006		EFFL. IRRIGATION 4.0"	51,516	3			3	$432.89	$0.80		$1,299	$3,709	$5,008	154,549		
I 100		EFFL. IRRIGATION HDGC	350,951	1			1	$10,398.00	$0.40		$10,398	$4,211	$14,609	350,951		
I 101		EFFL. IRRIGATION-OHGC	342,828	1			1	$2,339.35	$0.40		$2,339	$4,114	$6,453	342,828		
I 999		CONSUMPTION ONLY DCDD	68,921	0			1	$0.00				$0	$0	68,921		
		Subtotal Irrgation Acctounts		933			948	Effluent Irrigation	$39,368	$58,880	$98,249	2,567,782		
S M02		SEWER MIN. M.F./UNIT					1,290	$17.33			$22,356		$22,356	0		
			0	1,290												
S 011		SEWER RESIDENTIAL	125	1,094	15		1,109	$17.33	$2.73		$19,219	$11,314	$30,533	138,148		
S 012		SEWER RES 1"	304	17			17	$17.33	$2.73		$295	$424	$718	5,175		
S 014		SEWER RES 2"	0	0			0	$17.33	$2.73		$0	$0	$0	0		
S 015		SEWER RES 3"	0	0			0	$17.33	$2.73		$0	$0	$0	0		
S 001		SEWER NON RES	917	24			24	$17.33	$3.83		$416	$2,527	$2,943	21,997		
S 002		SEWER NON RES 1"	615	5			5	$43.33	$3.83		$217	$353	$570	3,075		
																
S 003		SEWER NON RES 1.5"	1,876	1			1	$86.65	$3.83		$87	$216	$302	1,876		
S 004		SEWER NON RES 2"	1,067	8			8	$138.64	$3.83		$1,109	$981	$2,090	8,534		
S 005		SEWER NON RES 3"	13,905	2			2	$259.95	$3.83		$520	$3,195	$3,715	27,809		
S 020		SEWER MULTI FAM RES.	4,527	32			32		$2.73		$0	$11,864	$11,864	144,855		
		Subtotal Sewer Accounts		2,473			2,488	Sewer	$44,218	$30,874	$75,091	351,469		
W A01		AVAIL CHARGE 1.5 DU					1	$0.00			$0		$0	0		
			0	1												
W A02		AVAIL CHARGE (Phase I Lots)	0	97	6		91	$38.89			$3,539		$3,539	0		
W A03		AVAIL CHARGE (Phase I I Lots)	0	551	9		542	$14.69			$7,962		$7,962	0		
W A09		AVAIL CHARGE W/S ONLY	0	3			3	$30.02			$90		$90	0		
		Subtotal Availability Charge Accounts	649			634	Availability Charges	$11,501		$11,501			
W M02		WATER MIN M.F./UNIT					1,282	$17.33			$22,217		$22,217	0		
			0	1,282												
W F01		FIRELINE BY-PASS 5/8"	3	41			41	$17.33	$2.42		$711	$9	$720	129		
W F02		FIRELINE BY-PASS 1"	0	0			0	$43.33	$2.42		$0	$0	$0	0		
W F04		FIRELINE BY-PASS 4"	0	0			0	$181.76	$2.42		$0	$0	$0	0		
W 001		WATER NONRESID. 5/8"	903	29			29	$17.33	$2.42		$503	$1,901	$2,404	26,188		
W 002		WATER NONRESID. 1"	1,420	6			6	$43.33	$2.42		$260	$619	$879	8,523		
W 003		WATER NONRESID. 1.5"	1,870	1			1	$86.65	$2.42		$87	$136	$222	1,870		
	Dunes Budget FY2019 - Prelim to County  4/5/2018				Page 12								

W 004	WATER NONRESID. 2"	997	7			7	$138.64	$2.42		$970		$507	$1,477	6,978		
W 005	WATER NONRESID. 3"	16,564	1			1	$259.95	$2.42		$260		$1,203	$1,463	16,564		
W 011	WATER RESIDENTIAL	136	1,094	15	1,109	$17.33	$2.42		$19,219		$10,966	$30,185	151,041		
W 012	WATER RESID. 1"	288	17			17	$43.33	$2.42		$737		$356	$1,092	4,898		
W 014	WATER RESID. 2"	0	0			0	$138.64	$2.42		$0		$0	$0	0		
W 015	WATER RESID. 3"	0	0			0	$259.95	$2.42		$0		$0	$0	0		
W 020	WATER MULTI FAM RES.	4,569	32			32		$2.42		$0		$10,614	$10,614	146,199		
W 888	CONSUMPTION ONLY DCDD	14,960	1			1	$0.00			$0		$0	$0	14,960		
W 999	CONSUMPTION ONLY DCDD	3,506	1			1	$0.00			$0		$0	$0	3,506		
	Subtotal Water Accounts		2,512			2,527	Water (Excl. Potable Irr.)		$44,963		$26,309	$71,272	380,856		
																	
							MONTHLY CHG.			$140,050		$116,064	$256,113				
							ANNUAL MIN. CHG.			$1,680,594							
							ANNUAL COMMODITY CHG.				$1,392,765					
							ANNUAL TOTAL REVENUES				$3,073,360				
							METER FEES						$8,000				
							INTEREST INCOME						$120,000				
							BACKFLOW PREV.						$100				
							MISCELLANEOUS INCOME				$5,000				
							CITY OF PALM COAST LEASE				$40				
							SUBTOTAL (CONNECTION FEES EXCLUDED)		$3,206,500				
							ALLOWANCE FOR UNCOLLECTABLE ACCOUNTS					
								($20,000)				
							CONNECTION FEES 6 WATER, SEWER & IRR. PHASE I)	$27,000				
							TOTAL REVENUE (CONNECTION FEES INCLUDED)	$3,213,500				

							SUMMARY PER MONTH:							gal./day		
							Water			$56,464		$26,309	$82,773	380,856		
							Wastewater			$44,218		$30,874	$75,091	351,469		
							Effluent Reuse			$26,631		$53,189	$79,820	1,874,003		
							Golf Course			$12,737		$8,325	$21,063	693,779		
							Subtotal			$140,050		$118,698	$258,747				
																
							SUMMARY PER YEAR:									
							Water			$677,565		$315,714	$993,279				
							Wastewater			$530,610		$370,487	$901,097				
							Effluent Reuse			$319,571		$638,271	$957,841				
							Golf Course			$152,848		$99,904	$252,752				
							Subtotal			$1,680,594		$1,424,375	$3,104,970				

Dunes Budget FY2019 - Prelim to County  4/5/2018	Page 12

D.

DUNES COMMUNITY DEVELOPMENT DISTRICT

FY 2018 ADDITIONAL BUDGET ITEMS

					FUND CLASSIFICATION				BOARD MEETING		
ITEM	AUTHORIZED EXPENDITURES		GENERAL		BRIDGE		W&S		TOTAL	CLASSIFICATION	AUTHORIZED	NOTES	
													
1	EMERGENCY VEHICLE REPLACEMENT					$	27,983.30	$	27,983.30	O&M	10/13/2017		
												SHOULD LEAD TO CAPITALIZED	
2	CPH TOLL FACIILITY ENGINEERING STUDY			$	25,000.00			$	25,000.00	CAPITAL	11/17/2017	WORK	
	CPH ADDITIONAL WWTP ENGINEERING FOR DEDUCTIVE CHANGE												
3	ORDER					$	85,000.00	$	85,000.00	CAPITAL	11/17/2017		
4	E-TRANSIT CREDIT CARD/WEBSITE UPGRADES			$	75,600.00			$	75,600.00	CAPITAL	11/17/2017		
5	Grau Fund Transfer Research	$	10,000.00					$	10,000.00	O&M	11/17/2017		
6	WATER EMERGENCY INTERCONNECTIONS W/PALM COAST					$	50,000.00	$	50,000.00	O&M	12/8/2017	ESTIMATED COST	
7	KCA STREET LIGHT INSPECTION			$	18,455.00			$	18,455.00	O&M	12/8/2017		
8	WWTP CONSTRUCTION ENGINEERING SERVICES					$	399,800.00	$	399,800.00	CAPITAL	1/12/2018		

													

	SUB-TOTALS=	$	10,000.00	$	119,055.00	$	562,783.30	$	691,838.30				
													
	UPCOMING ITEMS												
													
i													
ii													
													
	SUB-TOTALS=	$	-	$	-	$	-	$	-				
													
	GRAND TOTAL ALL IDENTIFIED ITEMS=	$	10,000.00	$	119,055.00	$	562,783.30	$	691,838.30				

	POTENTIALLY ABSORBABLE WITH EXISTING BUDGET												
												SAFETY ISSUE - TRYING TO PAY OUT	
A	HAMMOCK DUNES PARKWAY TREE TRIMMING TO 14 FEET			$	24,000.00			$	24,000.00	O&M	10/13/2017	OF FY18 BUDGET	
B	Dick Ryan Consulting	$	1,800.00	$	1,800.00	$	2,400.00	$	6,000.00	O&M	9/22/2017		
C	BRIDGE STREET LIGHT REPAIRS & MOT			$	39,307.00			$	39,307.00	O&M			
													
	SUB-TOTALS=	$	1,800.00	$	65,107.00	$	2,400.00	$	69,307.00				

\\DUNESUTILITYDC\Manager'sShared\Budget\FY18\Non-Budgeted Items FY18Non-Budgeted Items FY18 4/5/201811:12 AM

E.

•	IV. Engineer

	WWTP Design Bids were opened September 28, 2017. The four bids received ranged from a high of $9.5M to a low of $8M. Value Engineering reduced price by $1,645,300, revised project value $6,351,600. Contract and Change Order #1
	Executed. Contract Documents provided to Contractor. Permit modification received from FDEP. Contractor submitted building permit application and an Application for Review to Flagler County. Purchase Orders have been issued for major items to avoid tax per the Owner Direct Purchase guidelines of the Fl Dept. of Revenue. Pre-Construction conference was held February 2, 2018. Contractor, consulting engineer and staff met with Flagler County staff at the February 21, 2018 Technical Review Committee (TRC) meeting. County Planning and Development Board public hearing was held on March 13, 2018 and the project was approved. Although the project was approved, a building permit still must be obtained. The contractor and engineer are working together to address requests for additional information from County staff. A notice to proceed will be issued to the contractor when the permit is issued.

	Marsh TB-behind 507 Granada Dr. Based on a workshop held on February 7, the

	Board agreed to converting ½ of Marsh TB to an extension of Lake Granada and ½ made a grassy area at the February 9 meeting. Received a revised plan showing the ½ lake ½ grassy area option. Issued purchase order to Cline based on the revised plan. Engineer has submitted permit application and application fee to the SJRWMD and agreement for Mitigation Bank credit has been executed. Waiting on legal description and sketches from surveyor for easements.

Irrigation Storage/Usage

Design Project to pump storm water from the Hammock Dunes lake system is on hold. We maintain a portable diesel powered pump we can quickly begin pumping from the storm water system should the need arise.

A routing study by the City of Palm Coast’s consulting engineer for a new reuse water main that would increase the amount of reuse water DCDD could obtain from the City identified 6 routes which the City is reviewing. Met with City of Palm Coast staff September 7, 2017. City still looking at routing and have requested engineer to narrow down to a couple of the most favorable routes. They are currently looking at three routes. Follow up meeting with City of Palm Coast held on November 15. City is concentrating its efforts on getting the new wastewater treatment plant #2 on line and will re-focus on the reuse water main upgrade after the plant is up and running.

Weir Structure We received preliminary plans for weir gate next 7/24/17. Cost of gate is $10K (not installed cost). Also have directed engineer to include weir structure design for the structure near Blue Heron Ln. Follow-up report indicated an estimated construction cost of $25,000 to $30,000 each Met with the engineer September 26, 2017 to go over report. Meeting held Oct. 20 with SJRWMD. DCDD needs to develop drainage plan showing downstream drainage impacts. Meeting

held with County’s stormwater consulting engineer (ETM) 12/7/17. Drainage study $50K+ using model developed for Malacompra Drainage area. Meeting held with Flagler Co. January 26 to discuss their plans for drainage in the Marineland Acres area, maintenance planned for the Malacompra Ditch and tributaries and drawdown of the lakes in Hammock Dunes, Ocean Hammock and Hammock Beach through an adjustable weir or pumping or harvesting for reuse purposes. Follow up teleconference with ETM on March 21 to discuss storm water harvesting concept. Staff is reviewing a draft scope of work from ETM to perform a Stormwater
Harvesting Evaluation.

Bridge Inspection Kisinger, Campo and Associates (KCA) performed the biennial inspection of the Hammock Dunes Bridge. A final report with the findings of the inspection has been issued. The final report indicates a Sufficiency Rating of 91.1 and a Health Index of 99.84. These benchmarks show improvement from the 2015 Inspection when the Sufficiency Rating and Health Index were 89.7 and 97.00, respectively. The Sufficiency Rating is a tool used to help determine when a bridge should be repaired or just replaced. The sufficiency ratings of bridges are part of a formula the Federal Highway Administration uses when it allocates federal funds to the states for bridge replacement. The Health Index is a tool used to measure the overall condition of a bridge. A health index below 85 generally indicates that some repairs are needed, although it doesn’t mean the bridge is unsafe. Staff to review report findings and recommendations with KCA to identify priority items needing attention. Issued PO to Tierra for core samples of Piers 13-16 to test for chloride concentration at steel depth to ascertain current rate of corrosion to help budget repairs for the structure. Core samples collected and delivered to FDOT state lab for analysis on 11/27/17. Based on the results of the chloride testing, there is already active corrosion in the pile cap steel for substructure units in the channel. The best solution for the in-water footings is the use of a galvanic cathodic protection system. Conservative budget numbers for a repair project are $800,000. This budget
estimate will be used in next year’s budget.

KCA performed light pole inspection Jan. 13-14. Two light poles were found to be in need of immediate maintenance. The sidewalk was closed for a few days while
Economy Electric removed the arms of the two poles needing maintenance. Staff is reviewing the report received from KCA on February 1. Issued a Purchase Order to
Economy Electric for the repairs to the light poles in accordance with the recommendations provided in the KCA inspection report. Economy Electric has completed repairs except the new mast arms and pole which are on order.

Standby, Emergency Pumps Recovery efforts following Hurricanes Mathew and Irma made it evident for the need for additional emergency backup pumping equipment in order to maintain sewer service to our customers. Staff has identified two existing wastewater pumping stations as the most critical and highest priority for provision of standby emergency pumping capability, one on Ocean Crest Dr. serving the Hammock Beach Resort and surrounding community and the other at the

intersection of Camino del Sol and Calle del Sur serving the surrounding community and also acts as a re-pump station for communities to the south of this location. We are currently developing site plans for each of these sites and have obtained quotes for the pumping equipment. These pumps have sound attenuating enclosures with critical grade silenced mufflers. We plan to directly purchase the pumps and have a contractor install them at each site. This is a budgeted capital improvement item.
Purchase order issued for the pumps. Follow up meeting held March 27 with engineer to finalize site plans.

F.

FISCAL YEAR 2018 TOLL REVENUES

FY 2018				REVENUES				VEHICLES TRIPS				$/VEHICLE		
					%		TOTAL		% CHANGE				TURN ARND/				
																	
				BRIDGE	CASH/		MONTHLY		FROM PRIOR			BRIDGE	VIOLATION/				
MONTH		CASH		PASS	BPASS		COLLECTIONS	TOTAL	YEAR	CASH		PASS	EMPLOYEE				
OCTOBER 2017	$	76,752.50	$	54,601.64	140.57%	$	131,354.14	148,588	18.37%	37,319		107,182	4,087	$	0.884016		
NOVEMBER 2017	$	72,711.00	$	53,220.02	136.62%	$	125,931.02	143,936	5.37%	35,454		104,720	3,762	$	0.874910		
DECEMBER 2017	$	73,502.00	$	53,762.19	136.72%	$	127,264.19	145,595	5.96%	36,028		105,715	3,852	$	0.874097		
JANUARY 2018	$	64,485.00	$	55,765.39	115.64%	$	120,250.39	145,145	4.65%	31,537		109,808	3,800	$	0.828485		
FEBRUARY 2018	$	78,291.50	$	57,432.51	136.32%	$	135,724.01	155,176	11.33%	38,402		113,070	3,704	$	0.874646		
MARCH 2018	$	101,407.00	$	64,182.23	158.00%	$	165,589.23	180,660	8.50%	49,736		126,379	4,545	$	0.916579		
APRIL 2018																	
MAY 2018																	
JUNE 2018																	
JULY 2018																	
AUGUST 2018																	
SEPTEMBER 2018																	

TOTALS=	$	467,149.00	$	338,963.98		$	806,112.98	919,100	228,476	666,874	23,750			
PERCENT OF TOTAL=		58.0%		42.0%					24.9%	72.6%	2.6%			
														
AVERAGES=	$	77,858.17	$	56,494.00	137.31%	$	134,352.16	153,183	38,079	111,146	3,958	$	0.875455	
														
12 MONTH PROJECTION=	$	934,298.00	$	677,927.96		$	1,612,225.96	1,838,200	456,952	1,333,748	47,500			

		12345	=Revised number										

\\DUNESUTILITYDC\Manager'sShared\Bridge\Revenue Collected by MonthRevenue Collected by Month	Page 1		
4/4/20188:36 AM			

DUNES COMMUNITY DEVELOPMENT DISTRICT

HAMMOCK DUNES TOLL BRIDGE

2017 - 2018 ESTIMATED PER TRIP TOLL RATE

March 2018 ONE-WAY

Veh. trips - 2 axle	Oct 2017	Nov 2017	Dec 2017	Jan 2018	Feb 2018	Mar 2018	Apr 2018	May 2018	Jun 2018	Jul 2018	Aug 2018	Sep 2018		Year to date		
	143,431	139,357	141,265	140,795	150,743	175,421								891,012		
Veh. trips - 3 axle	2,079	1,869	1,684	1,643	1,863	2,065							11,203		
Veh. trips - 4 axle	1,412	1,166	1,051	1,121	1,162	1,313							7,225		
Veh. trips - 5 axle	703	584	616	548	509	660							3,620		
Total Vehicles	147,625	142,976	144,616	144,107	154,277	179,459	0	0	0	0	0	0		913,060		
Less prepaid trips													(684,764)		
	(110,306)	(107,522)	(108,588)	(112,750)	(115,875)	(129,723)									
Cash Trips	37,319	35,454	36,028	31,357	38,402	49,736	0	0	0	0	0	0		228,296		
% Cash to Prepaid trips																
	25%	25%	25%	22%	25%	28%	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!		25%		
Prepaid $ value-est.	55,043	53,116	53,642	48,821	55,852	71,348	0	0	0	0	0	0	337,821		
Cash toll $ value	76,727	72,715	73,594	64,380	78,303	101,417							467,135		
Total est. trip $	131,770	125,831	127,236	113,201	134,154	172,765	0	0	0	0	0	0		$804,956		
% $ Rev. Cash to Prepaid																
	58%	58%	58%	57%	58%	59%	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!		58%		
Est. per Trip $	$0.893	$0.880	$0.880	$0.786	$0.870	$0.963	N/A	N/A	N/A	N/A	N/A	N/A		$0.882		
												
Effective toll for 2 axle vehicles based on current month payments on Prepaid Accounts:											
This rate times prepaid trips is used to derive monthly "Prepaid $ value-est"										$0.493		
Ppd. $ per trip	$0.499	$0.494	$0.494	$0.433	$0.482	$0.550										
Avg. $ per cash trip	$2.056	$2.051	$2.043	$2.053	$2.039	$2.039	N/A	N/A	N/A	N/A	N/A	N/A	$2.046		

## NOTE: Trip counts and tolls are actual for one-way collection system.

Insert new data in column or		Correction	
space			

xc

4/4/2018 ^

DUNES COMMUNITY DEVELOPMENT DISTRICT

HAMMOCK DUNES TOLL BRIDGE

2017-2018 TRAFFIC & REVENUE REPORT

March 2018 ONE-WAY

			TRAFFIC DATA					CASH RECEIPTS DATA			
		TOTAL##	AVERAGE##		% OF	% CHANGE			CASH	PREPAID	TOTAL	% OF	% CHANGE		
		VEHICLE	DAILY		BUDGET	TO PRIOR	TOLLS PAID	ACCOUNTS	CASH	BUDGET	TO PRIOR		
OCTOBER 2017	TRIPS	TRIPS		TRIP/DAY	YEAR	(FULL FARE)	CASH REC'D.	RECEIVED	REVENUE	YEAR		
	147,625	4,762	97.38%		17.60%			$76,799.00	$56,552.00	$133,351.00	94.37%	7.40%		
NOVEMBER 2017	142,976	4,766	97.45%		4.66%			$72,798.00	$58,294.00	$131,092.00	92.77%	3.96%		
DECEMBER 2017	144,616	4,665	95.39%		5.25%			$73,606.00	$53,095.75	$126,701.75	89.66%	-4.09%		
JANUARY 2018	144,107	4,649	95.06%		3.90%			$64,687.25	$59,300.00	$123,987.25	87.74%	-3.34%		
FEBRUARY 2018	154,277	5,510	112.67%		10.69%			$78,373.00	$65,164.25	$143,537.25	101.57%	12.30%		
MARCH 2018	179,459	5,789	118.37%		7.78%			$101,474.50	$67,161.75	$168,636.25	119.34%	3.14%		
APRIL 2018															
MAY 2018															
JUNE 2018															
JULY 2018															
AUGUST 2018															
SEPTEMBER 2018															
YEAR TO DATE	913,060			102.59%		8.17%			$467,737.75	$359,567.75	$827,305.50	97.57%	3.16%		
		5,017													
## NOTE: Trip counts and tolls are actual for one-way collection system.							
PREPAID ACCOUNT PAYMENT ANALYSIS:									##				
					LESS EST.					TOTAL TOLL	EFFECTIVE	NUMBER OF			
			CHARGE		CH. CARD					CREDIT	TOLL FOR	ACTIVE			
OCTOBER 2017	CASH	CARDS		DISCOUNT	TOTAL		ISSUED	2 AXLES	ACCOUNTS			
	$12,492.00	$44,060.50	($1,873.00)		$54,679.50				$56,552.50	$0.499	20,170			
NOVEMBER 2017	$12,736.00	$45,558.00	($1,936.00)		$56,358.00				$58,294.00	$0.489	20,338			
DECEMBER 2017	$12,599.00	$40,539.00	($1,723.00)		$51,372.75				$53,138.00	$0.494	20,521			
JANUARY 2018	$12,071.00	$47,239.00	($2,008.00)		$57,292.00				$59,310.00	$0.433	20,767			
FEBRUARY 2018	$14,219.00	$50,944.50	($2,165.00)		$62,988.50				$65,163.50	$0.495	21,023			
MARCH 2018	$11,505.00	$55,656.75	($2,365.00)		$64,786.75				$67,161.75	$0.550	21,305			
APRIL 2018															
MAY 2018															
JUNE 2018															
JULY 2018															
AUGUST 2018															
SEPTEMBER 2018															
YEAR TO DATE	$75,622.00	$283,997.75	($12,070.00)		$347,477.50				$359,619.75	$0.493	21,305			

		TOTAL	AVERAGE		% OF	% CHANGE	CASH	PREPAID	TOTAL				
		VEHICLE	DAILY		BUDGET	TO PRIOR	TOLLS PAID	ACCOUNTS	CASH				
2017 - 2018		TRIPS	TRIPS		TRIP/DAY	YEAR	(FULL FARE)	CASH REC'D.	RECEIVED				
BUDGET REVENUE		$1,695,750														
MONTH BUDGET	$141,313														
ANNUAL TRIPS	1,785,000														
DAILY TRIPS	4,890												-1.21%		
																
Mar-17	166,512	5,371	115.33%		2.38%			$101,435.25	$62,062.00	$163,497.25	121.48%			

4/4/2018 Copy of Tollrept-March 2017-18 one-way ts

TRAFFIC COMPARISON YEAR/YEAR STARTING 2016

		2015-2016		2016-2017			2017-2018			2018-2019			2019-2020			
	TOTAL##	AVERAGE##	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE		
	VEHICLE	DAILY	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE		
OCTOBER	TRIPS	TRIPS	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH		
	130,160	4,199	125,531	4,049	-3.56%	147,625	4,762	11.83%								
NOVEMBER	123,076	4,103	136,607	4,554	9.91%	142,976	4,766	4.45%								
DECEMBER	130,222	4,201	137,403	4,432	5.23%	144,616	4,665	4.99%								
JANUARY	126,398	4,077	138,697	4,474	8.87%	144,107	4,649	3.76%								
FEBRUARY	134,218	4,628	139,383	4,978	7.03%	154,277	5,510	9.66%								
MARCH	162,643	5,247	166,512	5,371	2.32%	179,459	5,789	7.22%								
APRIL	149,731	4,991	159,769	5,326	6.29%			0.00%								
MAY	149,118	4,810	155,483	5,016	4.10%			0.00%								
JUNE	142,852	4,762	151,779	5,059	5.88%			0.00%								
JULY	154,327	4,978	161,106	5,197	4.21%			0.00%								
AUGUST	137,834	4,446	147,638	4,763	6.65%			0.00%								
SEPTEMBER	128,440	4,281	70,249	2,342	-45.30%			0.00%								
YEAR TO DATE	1,669,019	4,560	1,690,157	4,631	1.53%	913,060	5,017	7.69%	0	0		0	0			

			2020-2021		2021-2022			2022-2023			2023-2024			2024-2025			
		TOTAL##	AVERAGE##	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE	TOTAL##	AVERAGE##	% INCREASE		
		VEHICLE	DAILY	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE	VEHICLE	DAILY	OR DECREASE		
		TRIPS	TRIPS	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH	TRIPS	TRIPS	MAX MONTH		
OCTOBER																	
NOVEMBER																
DECEMBER																
JANUARY																
FEBRUARY																
MARCH																
APRIL																
MAY																
JUNE																
JULY																
AUGUST																
SEPTEMBER				0												
YEAR TO DATE	0	0	0	0		0	0		0	0		0	0			

MAXIMUM MONTH																

Traffic Count Year-Year ts

G.

Dunes

Community Development District

Unaudited Financial Statements

as of

February 28, 2018

Board of Supervisors Meeting

April 13, 2018

Dunes Community Development District

BALANCE SHEET			
February 28, 2018			
	Major Fund		
	General		
ASSETS:			
Cash	$33,918		
Assessments Receivable	$3,159		
Investments	$80,085		
TOTAL ASSETS			
	$117,162		
LIABILITIES AND FUND BALANCES:			
			
Liabilities:			
Accounts Payable	$4,369		
Due to Other Funds	$20,258		
TOTAL LIABILITIES	$24,628		
Fund Balances:			
Assigned:			
Current year's expenditures	$43,185		
Unassigned	$49,349		
TOTAL FUND BALANCES	$92,534		
TOTAL LIABILITIES & FUND BALANCE			
	$117,162		

Page 1

DUNES COMMUNITY DEVELOPMENT DISTRICT

General Fund

Statement of Revenues, Expenditures, and Changes in Fund Balance

For the Period Ending February 28, 2018

		GENERAL	PRORATED BUDGET	ACTUAL		
EXPENSE CODE	DESCRIPTION	FUND BUDGET	THRU 2/28/18	THRU 2/28/18	VARIANCE	
REVENUES:						
001.300.31900.10000	Maintenance Taxes	$197,000	$159,827	$159,827	$0	
001.300.36100.11000	Interest Income	$2,000	$833	$542	($291)	
						
TOTAL REVENUES		$199,000	$160,660	$160,369	($291)	
EXPENDITURES:						
Administrative						
001.310.51300.11000	Supervisor Fees	$14,000	$5,833	$4,800	$1,033	
001.310.51300.21000	FICA Expense	$1,071	$446	$367	$79	
001.310.51300.31100	Engineering/Software Services	$20,000	$8,333	$0	$8,333	
001.310.51300.31500	Attorney	$10,000	$4,167	$4,164	$3	
001.310.51300.32000	Collection Fees/Payment Discount	$12,000	$5,000	$3,197	$1,803	
001.310.51300.32200	Annual Audit	$3,260	$3,260	$2,500	$760	
001.310.51300.34000	Management Fees	$10,000	$4,167	$4,167	$0	
001.310.51300.35100	Computer Time	$1,000	$417	$417	$0	
001.310.51300.40000	Travel Expenses	$2,000	$833	$0	$833	
001.310.51300.42000	Postage & Express Mail	$3,000	$1,250	$1,231	$19	
001.310.51300.42500	Printing	$2,000	$833	$744	$89	
001.310.51300.45000	Insurance	$12,000	$12,000	$10,541	$1,459	
001.310.51300.48000	Advertising Legal & Other	$1,200	$500	$1,972	($1,472)	
001.310.51300.49000	Bank Charges	$600	$250	$231	$19	
001.310.51300.49100	Contingencies	$4,000	$1,667	$1,846	($180)	
001.310.51300.51000	Office Supplies	$2,000	$833	$185	$648	
001.310.51300.54000	Dues, Licenses & Subscriptions	$1,000	$417	$175	$242	
001.320.53800.12000	Salaries	$143,909	$55,350	$45,688	$9,662	
001.320.53800.12100	Consulting Fees	$0	$0	$11,500	($11,500)	
001.320.53800.21000	FICA Taxes	$11,964	$4,602	$4,233	$368	
001.320.53800.22000	Pension Expense	$6,241	$2,600	$1,185	$1,416	
001.320.53800.23000	Health Insurance Benefits	$14,500	$6,042	$6,451	($409)	
001.320.53800.24000	Workers Comp Insurance	$1,440	$1,440	$2,099	($659)	
						
TOTAL ADMINISTRATIVE		$277,185	$120,239	$107,691	$12,549	
General System Maintenance					
001.320.53800.43000	Electric (7 Aerators)	$15,000	$6,250	$5,318	$932	
001.320.53800.46500	Lake Maintenance	$26,000	$10,833	$17,395	($6,562)	
001.320.53800.46200	Landscaping	$24,000	$10,000	$18,097	($8,097)	
001.320.53800.52100	Grass Carp	$3,000	$1,250	$0	$1,250	
001.320.53800.46700	Storm Drain System Maintenance	$40,000	$16,667	$0	$16,667	
001.320.53800.46000	Building Maintenance	$15,000	$6,250	$10,256	($4,006)	
001.320.53800.46300	Tree & Shrub Removal	$10,000	$5,700	$5,700	$0	
001.320.53800.49200	R&M-Floating Fountains	$10,000	$4,167	$2,004	$2,163	
001.320.53800.49300	R&R-Equipment	$5,000	$2,083	$9,118	($7,035)	
001.320.53800.64000	Capital Improvements	$17,000	$17,000	$18,116	($1,116)	
					
TOTAL GENERAL SYSTEM MAINTENANCE	$165,000	$80,200	$86,003	($5,803)	
						
TOTAL EXPENDITURES		$442,185	$200,439	$193,694	$6,745	
Other Sources and Uses						
001.300.58100.10000	Interfund Transfer	$200,000	$83,333	$0	$83,333	
					
TOTAL OTHER SOURCES AND USES	$200,000	$83,333	$0	$83,333	
						
EXCESS REVENUES		($43,185)		($33,325)		
					
FUND BALANCE - BEGINNING	$43,185		$125,859		
					
FUND BALANCE - ENDING	$0		$92,534		

Page 2

DUNES COMMUNITY DEVELOPMENT DISTRICT

STATEMENT OF NET POSITION - PROPRIETARY FUNDS

February 28, 2018

	Major Funds				
	Water, Sewer and		Intracoastal				
	Effluent Reuse		Waterway Bridge				
	Enterprise Fund		Enterprise Fund		Total		
ASSETS:							
Current Assets:							
Cash and Cash Equivalents:							
Cash - Operating Account	$368,849	$118,751	$487,599		
Cash - On Hand	---	$2,800	$2,800		
Petty Cash	---	$790	$790		
Investments:							
State Board - Surplus Funds	$10,850,609	$10,294,226	$21,144,835		
State Board - Community Projects	---	$1,334,395	$1,334,395		
Receivables							
Utility Billing	$265,230	---	$265,230		
Due from Other Funds	$1,134	$95,081	$96,215		
Noncurrent Assets:							
Deposits	$1,000	---	$1,000		
Capital Assets:							
Land	$875,488	$85,000	$960,488		
Plant-Expansion (Net)	$5,574,076	---	$5,574,076		
Maintenance Building (Net)	$52,421	---	$52,421		
Equipment (Net)	$192,684	$29,012	$221,696		
Roadways (Net)	---	$1,657,051	$1,657,051		
Bridge Facility (Net)	---	$4,982,970	$4,982,970		
Improvements Other than Buildings (Net)	$16,604,494	---	$16,604,494		
Meters in the Field/Inventory (Net)	$1	---	$1		
Construction in Progress	$325,064	$412,401	$737,465		
TOTAL ASSETS	$35,111,050		$19,012,477		$54,123,526		
LIABILITIES:							
							
Current Liabilities:							
Accounts Payable	$53,492	$40,203	$93,695		
Retainage Payable	---	$9,398	$9,398		
Due to Other Funds	$75,957	---	$75,957		
Noncurrent Liabilities:							
Utility Deposits	$1,347	---	$1,347		
Customer Refunds Due	$3,350	---	$3,350		
Prepaid Connection Fees	$846,173	---	$846,173		
Deferred Toll Revenue (2)	---		$532,628		$532,628		
TOTAL LIABILITIES	$980,318	$582,229	$1,562,547		
NET POSITION							
Net Invested in Capital Assets	$23,299,162	$5,096,983	$28,396,145		
Restricted for Community Projects (1)	---	$1,300,121	$1,300,121		
Unrestricted	$10,831,569		$12,033,144		$22,864,713		
TOTAL NET POSITION	$34,130,731		$18,430,248		$52,560,979		

(1)	Bridge Interlocal Agreement with County.

(2)	Adjustment was made after conversion of new Toll System from bonus dollars.

Page 3

DUNES COMMUNITY DEVELOPMENT DISTRICT

Water and Sewer Fund-Proprietary Fund

Statement of Revenues, Expenses and Changes in Net Position

For the Period Ending February 28, 2018

		WATER/SEWER	PRORATED BUDGET	ACTUAL		
EXPENDITURE CODE	DESCRIPTION	FUND BUDGET	THRU 2/28/18	THRU 2/28/18	VARIANCE	
OPERATNG REVENUES:						
041.300.34300.30000	Water Revenue	$993,279	$413,866	$385,863	($28,003)	
041.300.34300.50000	Sewer Revenue	$901,097	$375,457	$323,448	($52,009)	
041.300.34300.76000	Irrigation/Effluent	$1,210,593	$504,414	$441,990	($62,424)	
041.300.34300.10000	Meter Fees	$20,000	$8,333	$14,444	$6,111	
041.300.34300.10100	Connection Fees - W, S & I (75 units)	$27,000	$11,250	$17,000	$5,750	
041.300.36900.10000	CPC Effluent Agreement	$40	$17	$0	($17)	
041.300.34900.10200	Backflow Preventor/Misc.	$100	$42	$665	$623	
041.300.36900.10000	Misc. Income / Penalty	$10,000	$4,167	$11,778	$7,611	
					
TOTAL OPERATING REVENUES	$3,162,109	$1,317,545	$1,195,189	($122,357)	
OPERATING EXPENSES						
Administrative						
041.310.51300.31100	Engineering	$50,000	$20,833	$1,100	$19,733	
041.310.51300.31500	Attorney	$35,000	$14,583	$3,350	$11,233	
041.310.51300.32200	Annual Audit	$7,335	$7,335	$6,300	$1,035	
041.310.51300.34000	Management Fees	$19,000	$7,917	$7,917	$0	
041.310.51300.40000	Travel Expenses	$15,000	$6,250	$5,457	$793	
041.310.51300.42000	Postage & Express Mail	$6,000	$2,500	$1,619	$881	
041.310.51300.42500	Printing & Mailing Utility Bills	$17,500	$7,292	$6,301	$990	
041.310.51300.48000	Advertising Legal & Other	$2,500	$1,042	$0	$1,042	
041.310.51300.49000	Bank Charges	$10,000	$4,167	$2,343	$1,824	
041.310.51300.49100	Contingencies	$20,000	$8,333	$6,870	$1,463	
041.310.51300.51000	Office Supplies and Equipment	$15,000	$6,250	$6,183	$67	
041.310.51300.54000	Dues, Licenses & Subscriptions	$7,000	$2,917	$4,716	($1,799)	
041.310.51300.54200	Permits Fees WTP & WWTP	$15,000	$6,250	$5,600	$650	
041.310.51300.55000	Land Leases & Easement Fees	$12,000	$5,000	$0	$5,000	
041.310.53600.12000	Salaries	$775,087	$327,921	$276,131	$51,790	
041.310.53600.12100	Consulting Fees	$0	$0	$2,000	($2,000)	
041.310.53600.21000	FICA Taxes	$65,561	$27,737	$23,765	$3,973	
041.310.53600.22000	Pension Plan	$40,961	$17,067	$8,249	$8,818	
041.310.53600.23000	Insurance Benefits (Medical)	$175,000	$72,917	$66,140	$6,777	
041.310.53600.24000	Workers Compensation Insurance	$14,400	$9,240	$9,240	$0	
041.310.53600.25000	Unemployment Benefits	$5,000	$2,083	$0	$2,083	
041.310.53600.32480	Bad Debt Expense	$0	$0	$0	$0	
041.310.53600.41000	Telephone	$17,000	$7,083	$6,812	$271	
041.310.53600.44000	Equipment Rentals & Leases	$4,000	$1,667	$2,040	($373)	
041.310.53600.45000	Insurance	$78,000	$68,514	$68,514	$0	
041.310.53600.46100	Repair and Maintenance for Vehicles	$8,000	$3,333	$2,071	$1,263	
041.310.53600.52000	Supplies/Equipment General	$4,000	$1,667	$2,595	($929)	
041.310.53600.52010	Tools	$3,000	$1,250	$2,163	($913)	
041.310.53600.52055	Uniforms/Supplies/Services	$7,000	$2,917	$7,607	($4,690)	
041.310.53600.52100	Fuel for Vehicles	$8,000	$3,333	$3,360	($27)	
041.310.53600.54100	Training & Travel Expenses	$8,000	$3,333	$2,967	$367	
					
TOTAL ADMINISTRATIVE	$1,444,344	$650,732	$541,410	$109,322	

Page 4

DUNES COMMUNITY DEVELOPMENT DISTRICT

Water and Sewer Fund-Proprietary Fund

Statement of Revenues, Expenses and Changes in Net Position

For the Period Ending February 28, 2018

		WATER/SEWER	PRORATED BUDGET	ACTUAL		
EXPENDITURE CODE	DESCRIPTION	FUND BUDGET	THRU 2/28/18	THRU 2/28/18	VARIANCE	
Water System						
041.320.53600.34800	Water Quality Testing	$20,000	$8,333	$3,965	$4,369	
041.320.53600.43000	Electric	$115,000	$47,917	$48,612	($696)	
041.320.53600.43100	Bulk Water Purchases	$20,000	$8,333	$13	$8,320	
041.320.53600.44000	Equipment Rentals & Leases	$1,000	$417	$0	$417	
041.320.53600.46000	Plant Maintenance Repair and Equipment	$70,000	$29,167	$23,635	$5,532	
041.320.53600.46050	Distribution System Maintenance Repair and Equipment	$25,000	$10,417	$8,299	$2,118	
041.320.53600.52000	Plant Operating Supplies	$15,000	$6,250	$12,503	($6,253)	
041.320.53600.52200	Chlorine & Other Chemicals	$170,000	$70,833	$71,610	($776)	
041.320.53600.61000	Meters New & Replacement	$15,000	$6,250	$8,693	($2,443)	
						
TOTAL WATER SYSTEM		$451,000	$187,917	$177,330	$10,586	
Sewer System						
041.330.53600.34800	Water Quality Testing	$15,000	$6,250	$4,694	$1,556	
041.330.53600.34900	Sludge Disposal	$15,000	$6,250	$8,782	($2,532)	
041.330.53600.43000	Electric	$50,000	$20,833	$15,370	$5,463	
041.330.53600.44000	Equipment Rentals & Leases	$3,000	$1,250	$0	$1,250	
041.330.53600.46000	Plant Maintenance Repair and Equipment	$50,000	$20,833	$23,809	($2,975)	
041.330.53600.46050	Collection System Maintenance Repair and Equipment	$20,000	$8,333	$15,282	($6,948)	
041.330.53600.46075	Lift Station Repair and Maintenance	$45,000	$18,750	$11,575	$7,175	
041.330.53600.52000	Plant Operating Supplies	$15,000	$6,250	$2,517	$3,733	
041.330.53600.52200	Chlorine & Other Chemicals	$35,000	$14,583	$6,709	$7,874	
						
TOTAL SEWER SYSTEM		$248,000	$103,333	$88,738	$14,595	
Irrigation System						
041.340.53600.34800	Water Quality Testing	$5,000	$2,083	$0	$2,083	
041.340.53600.43000	Electric	$45,000	$18,750	$17,192	$1,558	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	$155,000	$64,583	$51,262	$13,321	
041.340.53600.44000	Equipment Rentals & Leases	$2,000	$833	$1,358	($524)	
041.340.53600.46000	Plant Maintenance Repair and Equipment	$40,000	$16,667	$5,019	$11,648	
041.340.53600.46050	Distribution System Maintenance Repair/Equip.	$20,000	$8,333	$6,133	$2,200	
041.340.53600.61000	Meters New & Replacement	$10,000	$4,167	$3,042	$1,124	
					
TOTAL IRRIGATION SYSTEM	$277,000	$115,417	$84,006	$31,411	
Contribution to Reserves						
041.310.51300.63100	Renewal and Replacement	$200,000	$83,333	$80,484	$2,849	
					
TOTAL CONTRIBUTIONS TO RESERVES	$200,000	$83,333	$80,484	$2,849	
					
TOTAL OPERATING EXPENSES	$2,620,344	$1,140,732	$971,969	$168,763	
					
OPERATING INCOME (LOSS)	$541,765		$223,220		
NON OPERATING REVENUE (EXPENSES)					
041.300.36900.10200	Non Operating Revenue - Capital Expansion	$4,757,235	$1,982,181	$0	($1,982,181)	
041.300.22300.10000	Connection Fees - W/S	$21,000	$8,750	$0	($8,750)	
041.300.36100.10000	Interest Income	$90,000	$37,500	$67,117	$29,617	
041.310.51300.64000	Capital Improvements	($5,320,000)	($2,216,667)	($160,017)	$2,056,650	
041.300.58100.10000	Contribution to General Fund	($90,000)	($37,500)	$0	($37,500)	
					
TOTAL NON OPERATING REVENUE (EXPENSES)	($541,765)	($225,735)	($92,900)	$57,835	
CHANGE IN NET POSITION	$0		$130,320		
					
RETAINED EARNINGS-BEGINNING	$0		$28,142,906		
					
RETAINED EARNINGS-ENDING	$0		$28,273,226		

Page 5

DUNES COMMUNITY DEVELOPMENT DISTRICT

Bridge Fund - Proprietary Fund

Statement of Revenues, Expenses and Changes in Net Position

For the Period Ending February 28, 2018

		BRIDGE	PRORATED BUDGET	ACTUAL		
EXPENSE CODE	DESCRIPTION	FUND BUDGET	THRU 2/28/18	THRU 2/28/18	VARIANCE	
OPERATING REVENUES:						
042.300.34900.10000	Toll Collections/Book Sales	$1,695,750	$706,563	$658,067	($48,496)	
042.300.36900.10000	Miscellaneous Income	$5,000	$2,083	$12,000	$9,917	
					
TOTAL OPERATING REVENUES	$1,700,750	$708,646	$670,067	($38,579)	
OPERATING EXPENSES						
Administrative						
042.310.51300.31100	Engineering	$5,000	$2,083	$0	$2,083	
042.310.51300.31500	Attorney	$10,000	$4,167	$2,840	$1,326	
042.310.51300.32200	Annual Audit	$5,705	$5,705	$3,700	$2,005	
042.310.51300.34000	Management Fees	$17,000	$7,083	$7,083	($0)	
042.310.51300.49000	Bank Charges	$4,000	$1,667	$1,720	($53)	
042.310.51300.49100	Contingencies	$5,000	$2,083	$1,237	$846	
						
TOTAL ADMINISTRATIVE		$46,705	$22,788	$16,581	$6,208	
Toll Facility						
042.320.54900.12000	Salaries	$375,632	$158,921	$145,392	$13,529	
042.320.54900.12100	Consulting Fees	$0	$0	$1,500	($1,500)	
042.320.54900.15000	Special Pay	$11,620	$4,842	$1,930	$2,912	
042.320.54900.21000	FICA Taxes	$31,751	$13,433	$12,780	$653	
042.320.54900.22000	Pension Plan	$13,900	$5,792	$2,400	$3,392	
042.320.54900.23000	Insurance Benefits (Medical)	$80,000	$33,333	$37,690	($4,357)	
042.320.54900.24000	Workers Compensation Insurance	$8,160	$5,567	$5,567	$0	
042.320.54900.34300	Contractual Support	$20,000	$8,333	$3,197	$5,136	
042.320.54900.34500	Payroll Processing Fee	$8,000	$3,333	$7,161	($3,827)	
042.320.54900.34600	Credit Card Processing Fee	$20,000	$8,333	$7,698	$636	
042.320.54900.40000	Travel Expenses	$1,000	$417	$0	$417	
042.320.54900.41000	Telephone	$5,000	$2,083	$2,521	($438)	
042.320.54900.42500	Printing	$3,500	$1,458	$757	$702	
042.320.54900.43000	Utility Services	$15,000	$6,250	$6,223	$27	
042.320.54900.45000	Insurance	$60,000	$52,703	$52,703	$0	
042.320.54900.45001	Insurance Claims	$0	$0	$15,000	($15,000)	
042.320.54900.46000	Repairs & Maintenance	$50,000	$20,833	$43,201	($22,367)	
042.320.54900.46002	Repairs & Maintenance-Parkway	$120,000	$50,000	$67,653	($17,653)	
042.320.54900.51000	Office Supplies	$3,000	$1,250	$1,113	$137	
042.320.54900.52000	Operating Supplies	$15,000	$6,250	$11,168	($4,918)	
						
TOTAL TOLL FACILITY		$841,563	$383,133	$425,655	($42,522)	
Maintenance Reserves & Community Projects					
042.320.54900.65000	Maintenance Reserves	$797,482	$332,284	$0	$332,284	
042.310.51300.60002	Parkway Capital Expenditures	$25,000	$10,417	$66	$10,350	
					
TOTAL MAINTENANCE RESERVES & COMMUNITY PROJECTS	$822,482	$342,701	$66	$342,634	
					
TOTAL OPERATING EXPENSES	$1,710,750	$748,623	$442,302	$306,320	
					
OPERATING INCOME (LOSS)	($10,000)		$227,764		
NON OPERATING REVENUE (EXPENSES)					
042.300.36100.11000	Interest Income	$120,000	$50,000	$71,314	$21,314	
042.320.54900.64000	Capital Improvements	$0	$0	($43,663)	$43,663	
042.300.38100.10000	Transfer to General Fund	($110,000)	($45,833)	$0	($45,833)	
					
TOTAL NON OPERATING REVENUE (EXPENSES)	$10,000	$4,167	$27,651	$19,144	
CHANGE IN NET POSITION	$0		$255,416		
					
RETAINED EARNINGS-BEGINNING	$0		$17,497,331		
					
RETAINED EARNINGS-ENDING	$0		$17,752,747		

Page 6

H.

DUNES

COMMUNITY DEVELOPMENT DISTRICT

BRIDGE FUND

1. Recap of Community Projects Fund Activity Through February 28, 2018

Opening Balance in Community Projects Account	$0.00		
Source of Funds:	Interest Earned	$34,274.68		
	Community Project Fund Receipts	$1,800,000.00		
Use of Funds:					
Disbursements:	Sidewalk Project	($112,684.56)		
	Median Landscape Improvements	($43,658.00)		
	Ocean Rescue Equipment & Storage Project	($100,432.17)		
	HDP Safety, Street Lighting, Traffic Signs	($243,104.64)		
	Professional Fees	$0.00		
Adjusted Balance in Construction Account at February 28, 2018				
	$1,334,395.31		
2. Funds Available For Construction at February 28, 2018				
				
Book Balance of Construction Fund at February 28, 2018	$1,334,395.31			

A.	S.E. Cline Construction, Inc. - Sidewalk Project

Contract Amount	$98,008.36					
Paid to Date	($98,008.36)					
Balance on Contract	$0.00		$0.00			
Construction Funds available at February 28, 2018		$1,334,395.31			
3. Investments - SBA							
							
February 28, 2018	Type	Yield	Due	Maturity	Principal		
Construction Fund:	Overnight	1.79%		$1,334,395.31	$1,334,395.31		

ADJ: Deposits in Transit	$0.00	
ADJ: Outstanding Requisitions	$0.00	
Balance at 2/28/18	$1,334,395.31	

I.

Dunes CDD

Special Assessment Receipts

Fiscal Year Ending September 30, 2018

													$197,000.00		$197,000.00		
Date	Gross Assessments		Discounts/	Commissions		Interest		Net Amount			General Fund		Total		
Received		Received		Penalties		Paid		Income		Received			100%		100%		
11/17/2017	$	24,781.56	$	991.26	$	475.81	$	-	$	23,314.49		$	23,314.49	$	23,314.49		
11/30/2017	$	108,180.94	$	4,327.24	$	2,077.07	$	-	$	101,776.63		$	101,776.63	$	101,776.63		
12/20/2017	$	14,158.64	$	424.76	$	274.68	$	-	$	13,459.20		$	13,459.20	$	13,459.20		
12/31/2017	$	9,126.64	$	273.80	$	177.06	$	-	$	8,675.78		$	8,675.78	$	8,675.78		
1/31/2018	$	6,568.70	$	131.37	$	128.75	$	-	$	6,308.58		$	6,308.58	$	6,308.58		
2/28/2018	$	3,190.45	$	31.90	$	63.17	$	-	$	3,095.38		$	3,095.38	$	3,095.38		
																	
	$	166,006.94	$	6,180.34	$	3,196.53	$	-	$	156,630.07		$	156,630.07	$	156,630.07		
Percent Collected		84.27%															

J.

Dunes

Community Development District

Check Run Summary

	February 28, 2018		
Fund	Check Numbers	Amount	
General Fund	5870-5886	$31,524.56	
Water and Sewer	14042-14107	$188,710.43	
Bridge Fund	6378-6408	$52,877.08	
Total		$273,112.07	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER   RUN  4/03/18	PAGE   1
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - GENERAL FUND
BANK F DUNES - GENERAL FUND

CHECK  VEND#  .....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE   INVOICE   YRMO  DPT ACCT# SUB  SUBCLASS	AMOUNT	#

2/01/18 00218   2/01/18 4741	201802 320-53800-46000	*	160.00
FEB 18 - PEST CONTROL SVC
ABOVE THE REST PEST CONTROL	160.00 005870
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00173   1/17/18 317584	201801 320-53800-46000	*	661.50	
ANNUAL FIRE INSPECTION			
	DAYTONA FIRE & SAFETY EQUIPMENT INC		661.50 005871	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00027   1/12/18 6-058-34 201801 310-51300-42000	*	292.22	
DELIVERIES THRU-01/12/17			
FEDEX		292.22 005872	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00141   2/01/18	8464665- 201802 320-53800-46000	*	358.85	
	FEB	18	- REFUSE SVC			
2/01/18	8465155- 201802 320-53800-46000	*	129.26	
	FEB	18	- REFUSE SVC			
			WASTE MANAGEMENT INC. OF FLORIDA		488.11 005873	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00118	2/01/18 3067/270	201802 320-53800-46000	*	216.00	
	FIRE ALARM	MONITORING			
	2/01/18 3518/226	201802 320-53800-46000	*	216.00	
	FIRE ALARM	MONITORING			
			ALARMPRO INC.		432.00 005874	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00139	2/02/18 1470	201802 320-53800-46200	*	5,750.00	
	CONSTRUCTION CREW			
		ALL AMERICAN MAINTENANCE		5,750.00 005875	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00020	1/30/18 07558-84 201801	320-53800-43000	*	10.35	
	3 CAMINO DEL MAR # IRR			
	1/30/18 22797-22 201801	320-53800-43000	*	176.34	
	3 AVENUE MONET	#A			
	1/30/18 39447-00 201801	320-53800-43000	*	184.37	
	7 VISCAYA DR #	PUMP			
	1/30/18 41566-03 201801	320-53800-43000	*	170.68	
	25 SAN MARCO CT # PUMP			
	1/30/18 65021-74 201801	320-53800-43000	*	504.45	
	100 HOTEL TRACE BLVD #			
		FLORIDA POWER & LIGHT CO.		1,046.19 005876	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00109   2/01/18 454	201802 310-51300-34000	*	833.33	
MGMT FEES-FEB 18			
2/01/18 454	201802 310-51300-35100	*	83.33	
INFO TECH-FEB 18			
2/01/18 454	201802 310-51300-51000	*	30.98	
SUPPLIES-FEB 18			
	DUNE -DUNES -	SROSINA		

AP300R			YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	2		
*** CHECK DATES	02/01/2018 - 02/28/2018 ***	DUNES CDD - GENERAL FUND						
				BANK F DUNES - GENERAL FUND						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE	INVOICE	YRMO  DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	2/01/18	454	201802 310-51300-42000		*	95.65				
		POPSTAGE-FEB 18								
	2/01/18	454	201802 310-51300-42500		*	124.35				
		COPIES-FEB 18								
	2/01/18	454	201802 310-51300-41000		*	8.63				
		TELEPHONE-FEB 18	GOVERNMENTAL MANAGEMENT SERVICES			1,176.27 005877		
									
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00150	2/01/18 18-205	201802 320-53800-46000	*	45.00	
	REMOVE/ADD HRS LETTERING			
		PALM COAST SIGNS AND GRAPHICS		45.00 005878	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00263	2/07/18 7578	201802 320-53800-46500	*	12,050.00	
	GRANADA	LAKE EXTENSION			
		S.E. CLINE CONSTRUCTION, INC		12,050.00 005879	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00139	2/06/18 1472	201802 320-53800-46200	*	1,800.00	
	FEB	18 - LAWN MAINTENANCE			
		ALL AMERICAN MAINTENANCE		1,800.00 005880	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00214   2/21/18 2336	201802 320-53800-46000	*	240.33	
FEB	18 - JANITORIAL SVC			
	ALL SEASON HOME SOLUTION LLC		240.33 005881	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00173	2/16/18 318422	201802 320-53800-46000	*	62.00	
	DRY CHEMICAL RECHARGE			
		DAYTONA FIRE & SAFETY EQUIPMENT INC		62.00 005882	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00027	2/06/18 6-079-43 201802 310-51300-42000	*	23.08	
	DELIVERIES THRU-02/06/18			
	FEDEX		23.08 005883	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00023	2/01/18 16273	201802 310-51300-32200	*	7,050.00	
	CONSULTATION ON TRANSFERS			
		GRAU & ASSOCIATES		7,050.00 005884	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00024   1/31/18 JAN-18	201801 310-51300-32000	*	128.75	
COMISSIONS #5			
	SUZANNE JOHNSTON		128.75 005885	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00245	1/19/18 46486438 201801 320-53800-46000	*	70.05	
	CUSTOM STOP SIGN			
	1/19/18 68854599 201801 320-53800-46000	*	21.99	
	JEYFEL DECALS			
	1/19/18 97569644 201801 320-53800-46000	*	27.07	
	VIDEO SURVEILLANCE SIGN			
	SYNCB/AMAZON		119.11 005886	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

	TOTAL FOR BANK F	31,524.56	
DUNE -DUNES -	SROSINA		

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER   RUN  4/03/18	PAGE   3
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - GENERAL FUND
BANK F DUNES - GENERAL FUND

CHECK  VEND#  .....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE   INVOICE   YRMO  DPT ACCT# SUB  SUBCLASS	AMOUNT	#

TOTAL FOR REGISTER	31,524.56

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	1		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
			BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/01/18 00333	1/01/18 70014621 201801	310-51300-54000		*	230.00				
	MEMBERSHIP RENEWAL	AMERICAN WATER WORKS ASSOCIATION			230.00 014042		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00988	1/19/18 18612293 201801 310-53600-41000	*	408.52	
	ADMIN BLDG PHONE SERVICE			
	AT&T		408.52 014043	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00300	1/18/18 4003 904 201801 310-53600-54100	*	35.00	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 310-51300-54000	*	30.00	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 310-53600-52100	*	29.71	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 310-51300-49100	*	394.58	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 310-51300-51000	*	39.95	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 320-54900-34300	*	19.98	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 300-13100-10000	*	19.98-	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 300-20700-10000	*	19.98	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 300-20700-10100	*	39.95-	
	PURCHASES 12/19-01/18			
	1/18/18 4003 904 201801 300-13100-10000	*	39.95	
	PURCHASES 12/19-01/18			
	BUSINESS CARD		549.22 014044	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00305	1/10/18 12854960	201801 340-53600-43000	*	113.89	
	ACCT#7439-77870			
	1/11/18 12837956	201801 320-53600-43100	*	.97	
	ACCT#309318-19458			
	1/11/18 12841653	201801 340-53600-43300	*	8,428.10	
	ACCT#324042-36854			
		CITY OF PALM COAST		8,542.96 014045	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00621	1/26/18 46632	201801 310-51300-51000	*	135.90	
	CLEANING SUPPLIES			
		COASTAL SUPPLIES		135.90 014046	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00542	1/12/18	105958	201801 310-51300-31100	*	1,100.00	
		SERVICE	THRU-01/12/18			
	1/12/18	105959	201801 310-51300-64011	*	3,392.36	
		SERVICE	THRU-12/31/17			
			CPH ENGINEERS, INC.		4,492.36 014047	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER   RUN  4/03/18	PAGE   2
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER

CHECK  VEND#  .....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE   INVOICE   YRMO  DPT ACCT# SUB  SUBCLASS	AMOUNT	#

2/01/18 00127   1/29/18 059945   201801 330-53600-46000	*	864.12
D2P3N104 POWERFLEX 40-0.7
ENGLEWOOD ELECTRIC SUPPLY CO.	864.12 014048
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00047	1/04/18	6-058-34	201801 310-51300-42000	*	51.38	
		DELIVERIES	THRU-01/04/18			
	1/16/18	6-050-82	201801 310-51300-42000	*	51.14	
		DELIVERIES	THRU-01/16/18			
				FEDEX		102.52 014049	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00057	1/22/18 96746957 201801 320-53600-46000	*	97.11	
	SUPPLIES			
	GRAINGER		97.11 014050	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00028  12/14/17	030530	201712 310-53600-52000	*	74.39		
	SUPPLIES					
12/27/17	030554	201712 310-53600-52000	*	77.81		
	SUPPLIES	HAMMOCK HARDWARE & SUPPLY, INC.		152.20 014051		
						
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00515	1/18/18 4215288  201801 320-53600-52200	*	2,700.78	
	CHEMICALS			
	HAWKINS,INC.		2,700.78 014052	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 01156   1/30/18 1290	201801 340-53600-46000	*	4,800.00	
CRANE SVC FOR REMOVAL			
	MOLINE ELECTRIC MOTOR & MACHINE,INC		4,800.00 014053	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 01138   1/12/18 54616543 201801 320-53600-52200	*	653.15	
CO2 BULK			
NUCO2		653.15 014054	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00688	1/25/18	278854	201801 330-53600-52200	*	323.30	
		HYPOCHLORITE	SOLUTIONS			
	1/25/18	278854	201801 320-53600-52000	*	646.60	
		HYPOCHLORITE	SOLUTIONS			
				ODYSSEY MANUFACTURING COMPANY		969.90 014055	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 01171   2/01/18 02012018	201802 310-51300-40000	*	500.00	
VEHICLE	ALLOWANCE-FEB 18			
	GREGORY L. PEUGH		500.00 014056	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00624   2/01/18 02012018	201802 310-51300-40000	*	300.00	
VEHICLE	ALLOWANCE-FEB 18			
	TIMOTHY SHEAHAN		300.00 014057	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R			YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	3		
*** CHECK DATES	02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
					BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/01/18 00020	12/15/17	57348	201712	320-53600-46050		*	3,135.46				
		METER SUPPLIES									
	12/15/17	57348	201712	320-53600-61000		*	3,006.31				
		METER SUPPLIES									
	12/15/17	57348	201712	330-53600-46050		*	1,148.59				
		METER SUPPLIES									
	12/15/17	57348	201712	340-53600-61000		*	3,042.31				
		METER SUPPLIES									
	12/15/17	57348	201712	340-53600-46050		*	1,905.52				
		METER SUPPLIES									
	12/19/17	57226	201712	310-51300-64006		*	39,112.06				
		PIPE SUPPORT									
	1/17/18	57360	201801	310-53600-52010		*	268.81				
		BELT CLIP TRANSCEIVER	SUNSTATE METER AND SUPPLY, INC.			51,619.06 014058		
										
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00214	1/19/18	468907	201801 320-53600-52000	*	211.06		
		SUPPLIES					
	1/19/18	468907	201801 330-53600-52000	*	211.06		
		SUPPLIES	USA BLUEBOOK		422.12 014059		
							
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 01115	1/30/18 7961	201801 320-53600-52000	*	651.20	
	57 STONE & TRUCKING			
		ACET RECYCLING		651.20 014060	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00612	2/06/18 94748037	201802 310-53600-46100	*	30.99	
	TOW HARNESS 2 IN 1			
	2/06/18 94748037	201802 310-53600-46100	*	29.97	
	TAIL LIGHT & PARTS			
	2/07/18 84780382	201802 310-53600-46100	*	68.87	
	RELAY -	FUEL PUMP			
		ADVANCE AUTO PARTS		129.83 014061	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00613	1/31/18 399013	201801	320-53600-34800	*	315.75		
	TEST MATERIALS					
	1/31/18 399014	201801	320-53600-34800	*	75.00		
	COLIFORM,9222B,DRINK WATR				
	1/31/18 399015	201801	320-53600-34800	*	502.50		
	WATER TESTING					
	1/31/18 399016	201801	330-53600-34800	*	975.25		
	WATER TESTING	ADVANCED ENVIRONMENTAL LABORATORIES		1,868.50 014062		
							
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00626	2/01/18 2188	201802 310-51300-63100	*	27,900.00	
	REHAB OF PUBLIC WATR SPLY			
		CONNECT CONSULTING, INC.		27,900.00 014063	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	4		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
			BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/08/18 00180	1/25/18 8255 707 201801	310-53600-44000		*	45.02				
	SERVICE THRU-01/25/18	DISH NETWORK			45.02 014064		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00115   1/31/18 124422	201801 310-53600-44000	*	80.01	
LANIER/L MP C2503			
1/31/18 124423	201801 310-53600-44000	*	30.00	
LANIER/L MP W6700SP			
1/31/18 124668	201801 310-53600-44000	*	180.53	
JAN 18-LANIER/L LD425CSPF			
	DOCUMENT TECHNOLOGIES		290.54 014065	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00127   1/22/18 056539	201801 330-53600-46000	*	908.21	
D2P3N104 POWERFLEX			
	ENGLEWOOD ELECTRIC SUPPLY CO.		908.21 014066	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00047	1/23/18 6-065-30 201801 310-51300-42000	*	29.92	
	DELIVERIES THRU-01/23/18			
	FEDEX		29.92 014067	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 99999	2/08/18 VOID	201802 000-00000-00000	C	.00	
	VOID CHECK			
		******INVALID VENDOR NUMBER******		.00 014068	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00013   1/22/18 08787-06 201801 340-53600-43000	*	10.35	
26 UTILITY RD # LIFT PUMP			
1/25/18 05416-04 201801 330-53600-43000	*	176.62	
34 ISLAND ESTATES PKWY #A			
1/25/18 24219-90 201801 330-53600-43000	*	11.59	
3809 N OCEANSHORE BLVD			
1/25/18 34722-91 201801 330-53600-43000	*	27.13	
84 ISLAND ESTATES PKWY #			
1/25/18 67654-90 201801 330-53600-43000	*	24.53	
128 ISLAND ESTATES PKWY #			
1/25/18 81997-49 201801 330-53600-43000	*	13.81	
172 ISLAND ESTATES PKWY #			
1/30/18 00722-13 201801 340-53600-43000	*	10.35	
200 CAMINO DEL REY PKWY #			
1/30/18 01482-41 201801 330-53600-43000	*	22.04	
209 YACHT HARBOR DR #LIFT			
1/30/18 09845-31 201801 330-53600-43000	*	13.91	
18 RUE GRANDE MER #LIFT			
1/30/18 13876-38 201801 320-53600-43000	*	10,149.45	
101 JUNGLE HUT RD #WATER			
1/30/18 25155-09 201801 330-53600-43000	*	52.46	
400 CAMINO DEL REY PKWY #			
DUNE -DUNES -	SROSINA		

AP300R			YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	5		
*** CHECK DATES	02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
					BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	1/30/18	25185-01	201801	330-53600-43000		*	180.63				
		200 CAMINO DEL	REY PKWY #							
	1/30/18	39077-94	201801	330-53600-43000		*	28.18				
		HAMMOCK	DUNES PKWY #LIFT								
	1/30/18	50368-83	201801	330-53600-43000		*	74.03				
		300 CAMINO DEL	SOL #LIFT								
	1/30/18	53817-64	201801	330-53600-43000		*	10.35				
		2 CAMINO DEL MAR #LIFT								
	1/30/18	72291-00	201801	330-53600-43000		*	28.77				
		200 NORTHSHORE	AVE #LIFT								
	1/30/18	75668-89	201801	330-53600-43000		*	2,435.22				
		101 JUNGLE HUT	RD #WWTP								
	1/30/18	77181-10	201801	330-53600-43000		*	12.85				
		6 YACHT	HARBOR	DR # LIFT								
	1/30/18	77899-54	201801	330-53600-43000		*	14.68				
		37 SAN GABRIEL	LN #LIFT								
	1/30/18	81622-80	201801	330-53600-43000		*	14.00				
		78 OCEAN ST # LFTSTATION								
	1/30/18	85764-06	201801	330-53600-43000		*	45.34				
		202 CAMINO DEL	MAR #B PMP							
	1/30/18	91573-06	201801	330-53600-43000		*	208.26				
		5 OCEAN	CREST WAY #LIFT								
	1/30/18	95264-06	201801	330-53600-43000		*	12.26				
		10 GRANADA DR #B PUMP								
	1/30/18	95324-09	201801	330-53600-43000		*	17.55				
		20 GRANADA DR #B PUMP								
	1/30/18	98523-35	201801	340-53600-43000		*	2,707.04				
		101 JUNGLE HUT RD #PUMP	FLORIDA POWER & LIGHT CO.			16,301.40 014069		
										
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00382	2/01/18 455	201802 310-51300-34000	*	1,583.33	
	MGMT FEES-FEB 18			
		GOVERNMENTAL MANAGEMENT SERVICES		1,583.33 014070	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00057   1/31/18 96852608 201801 320-53600-46000	*	277.98	
BALL VALVE HANDLE			
GRAINGER		277.98 014071	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00515	1/25/18 4218791  201801 320-53600-52200	*	1,995.10	
	CHEMICALS			
	HAWKINS,INC.		1,995.10 014072	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00688	2/01/18	279222	201802 330-53600-52200	*	330.72	
		HYPOCHLORITE	SOLUTIONS			
	2/01/18	279222	201802 320-53600-52200	*	661.44	
		HYPOCHLORITE	SOLUTIONS			
				ODYSSEY MANUFACTURING COMPANY		992.16 014073	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R		YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	6		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
				BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/08/18 00405	1/26/18 23580	201801	330-53600-34900		*	950.00				
	PICKED UP TRAILER #88	RAINBOW RANCH			950.00 014074		
									
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 01102	2/02/18 2540	201802 320-53600-46000	*	1,627.94	
	IT SERVICES RENDERED			
	2/02/18 2540	201802 330-53600-46000	*	1,627.95	
	IT SERVICES RENDERED			
	2/02/18 2540	201802 310-51300-49100	*	1,000.00	
	IT SERVICES RENDERED			
	2/02/18 2540	201802 300-20700-10000	*	500.00	
	IT SERVICES RENDERED			
	2/02/18 2540	201802 320-54900-34300	*	500.00	
	IT SERVICES RENDERED			
	2/02/18 2540	201802 300-13100-10000	*	500.00-	
	IT SERVICES RENDERED			
		RL COMPUTER SOLUTIONS INC.		4,755.89 014075	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00194	1/31/18 50800	201801 310-51300-42500	*	1,238.82	
	JAN 18-STATEMENT MAIL			
		SOUTHWEST DIRECT, INC.		1,238.82 014076	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00163   1/24/18 49335881	201801 310-53600-41000	*	267.74	
SERVICE	THRU-01/24/18			
	SPRINT		267.74 014077	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00214	1/24/18 473534	201801 320-53600-52000	*	192.76	
	SUPPLIES				
	1/24/18 473534	201801 330-53600-52000	*	192.75	
	SUPPLIES				
	1/30/18 479292	201801 320-53600-52000	*	65.53	
	HAND WINCH			
	1/30/18 479292	201801 330-53600-52000	*	65.53	
	HAND WINCH			
		USA BLUEBOOK		516.57 014078	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 01202   2/08/18 2246	201802 310-51300-63100	*	1,197.00	
INST.OF	VIDEO INTRCOM SYS			
	ADVANCED ACCESS SOLUTIONS, LLC		1,197.00 014079	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 01203	2/08/18 02082018 201802 300-34300-30100	*	14.69	
	REFUND-CR.BALANCE ON ACC.			
	HARVEY & JUDY ALLEN		14.69 014080	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00355	2/01/18 82140764	201801 310-53600-41000	*	263.59	
	SERVICE	THRU 02/01/2018			
		AT&T MOBILITY		263.59 014081	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	7		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
			BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/15/18 00995	2/01/18 14304617 201802	310-53600-41000		*	86.48				
	U-VERSE FOR ADMIN BLDG	AT&T UVERSE			86.48 014082		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00989	2/05/18 2153845  201802 320-53600-52000	*	1,215.58	
	ABB 17.9 TO 179PPM/M			
	AWC INC		1,215.58 014083	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 01164   2/08/18 03351480 201802 310-51300-49100	*	219.98	
101 JUNGLE HUT RD			
BRIGHT HOUSE NETWORKS		219.98 014084	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00532   2/13/18 64304	201801	310-51300-31500	*	787.80	
JAN 18 - LEGAL	SERVICES			
2/13/18 64304	201801	300-20700-10100	*	787.80-	
JAN 18 - LEGAL	SERVICES			
2/13/18 64304	201801	310-51300-31500	*	340.00	
JAN 18 - LEGAL	SERVICES			
2/13/18 64304	201801	300-13100-10000	*	787.80	
JAN 18 - LEGAL SERVICES			
		CHIUMENTO & GUNTHARP, P.A.		1,127.80 014085	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00621	2/08/18 46708	201802 310-51300-51000	*	60.00	
	OPERATING SUPPLIES			
		COASTAL SUPPLIES		60.00 014086	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00515	2/01/18 4222982  201802 320-53600-52200	*	3,957.36	
	SULFURIC ACID 50%			
	HAWKINS,INC.		3,957.36 014087	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00688	2/08/18	279601	201802 320-53600-52200	*	680.52	
		HYPOCHLORITE	SOLUTIONS	8			
	2/08/18	279601	201802 330-53600-52200	*	340.26	
		HYPOCHLORITE	SOLUTIONS	8			
					ODYSSEY MANUFACTURING COMPANY		1,020.78 014088	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 01200	2/08/18 02082018 201802 300-34300-30000	*	62.34	
	REFUND-CR.BALANCE ON ACC.			
	JOSEPH A. REYNOLDS, JR.		62.34 014089	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 01201	2/08/18 02082018 201802 300-34300-30000	*	2.87	
	REFUND-CR.BALANCE ON ACC.			
	MARY EDNA ROGERS		2.87 014090	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00335   2/09/18 6260	201802 310-51300-63100	*	461.51	
1/4" ALUM DIAMOND W/ANGLS			
	SIZEMORE WELDING, INC.		461.51 014091	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R		YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	8		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
				BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/15/18 00661	1/31/18 159737	201801	310-51300-54000		*	62.69				
	JAN 18	- TICKETS	SUNSHINE STATE ONE CALL OF FLORIDA			62.69 014092		
									
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00020   1/30/18 57592	201801 310-53600-52010	*	924.78	
OPERATING SUPPLIES			
	SUNSTATE METER AND SUPPLY, INC.		924.78 014093	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00835   2/21/18	2336	201802 320-53600-46000	*	116.83	
	FEB 18	- JANITORIAL SVC			
2/21/18	2336	201802 320-53600-46000	*	116.84	
	FEB 18	- JANITORIAL SVC			
		ALL SEASON HOME SOLUTION LLC		233.67 014094	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 01195   2/15/18 5511	201802 310-51300-54000	*	93.00	
ANSWERING SVC-FEB 18			
	ANSWER ALL ANSWERING SERVICE		93.00 014095	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00009	2/08/18 386 447- 201802 310-53600-41000	*	1.57	
	WWTP OFFICE TELEPHONE			
	AT&T		1.57 014096	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00047	1/26/18	6-072-26	201802 310-51300-42000	*	52.96	
		DELIVERIES	THRU-01/26/18			
	2/02/18	6-079-43	201802 310-51300-42000	*	52.57	
		DELIVERIES	THRU-02/06/18			
				FEDEX		105.53 014097	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 01204	2/20/18 17S3549	201802 310-51300-64012	*	24,050.00	
	EZ FLIP	HARD TOP			
		FLO TREND		24,050.00 014098	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00515	2/08/18 4226448  201802 320-53600-52200	*	2,670.14	
	CHEMICALS			
	HAWKINS,INC.		2,670.14 014099	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00298	1/18/18 11151	201801 320-53600-52000	*	151.40		
	SUPPLIES					
	1/19/18 9590973	201801 320-53600-52000	*	76.91		
	SUPPLIES					
	2/02/18 5012282	201802 310-53600-52000	*	119.42		
	SUPPLIES	HOME DEPOT CREDIT SERVICES		347.73 014100		
						
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00688   2/15/18 280002	201802 320-53600-52200	*	618.51	
HYPOCHLORITE SOLUTIONS			
	DUNE -DUNES -	SROSINA		

AP300R		YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	9		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
				BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	2/15/18 280002	201802	330-53600-52200		*	309.26				
	HYPOCHLORITE SOLUTIONS	ODYSSEY MANUFACTURING COMPANY			927.77 014101		
									
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00405	2/13/18 23609	201802 330-53600-34900	*	4,032.00	
	GALLONS	OF SLUDGE			
		RAINBOW RANCH		4,032.00 014102	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00624   3/01/18 MAR-18	201803 300-13100-10000	*	115.97	
REIMBURSE-INSURANCE			
3/01/18 MAR-18	201803 310-53600-23000	*	349.00	
REIMBURSE-INSURANCE			
3/01/18 MAR-18	201803 320-53800-23000	*	115.97	
REIMBURSE-INSURANCE			
3/01/18 MAR-18	201803 300-20700-10100	*	115.97-	
REIMBURSE-INSURANCE			
	TIMOTHY SHEAHAN		464.97 014103	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00137	1/10/18 23460	201801 310-51300-51000	*	57.76		
	SUPPLIES					
	1/10/18 23460	201801 310-51300-51000	*	38.84-		
	SUPPLIES					
	1/11/18 23778	201801 310-51300-51000	*	28.01		
	SUPPLIES					
	1/24/18 20002308 201801 310-51300-51000	*	11.77		
	SUPPLIES					
	2/02/18 3330	201802 310-51300-51000	*	35.98		
	SUPPLIES					
	2/05/18 3839	201802 310-53600-52000	*	49.97		
	SUPPLIES	STAPLES CREDIT PLAN		144.65 014104		
						
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00955	1/09/18 43934934 201801 310-51300-51000	*	698.83	
	SUPPLIES			
	1/10/18 44757744 201801 310-53600-52000	*	12.74	
	SUPPLIES			
	1/10/18 73537749 201801 310-53600-52000	*	9.19	
	SUPPLIES			
	1/12/18 43757733 201801 310-53600-52000	*	14.61	
	SUPPLIES			
	1/13/18 44478866 201801 310-53600-52000	*	11.69	
	SUPPLIES			
	1/13/18 64599454 201801 310-51300-51000	*	33.80	
	SUPPLIES			
	1/16/18 44668469 201801 320-53600-52000	*	158.11	
	SUPPLIES			
	DUNE -DUNES -	SROSINA		

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	10		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - WATER/SEWER						
		BANK D DUNES - WATER/SEWER						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO  DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	1/29/18 45698485 201801 310-53600-52000		*	25.01				
	SUPPLIES								
	1/29/18 46985766 201801 320-53600-52000		*	29.93				
	SUPPLIES								
	1/29/18 77464598 201801 320-53600-52000		*	104.20				
	SUPPLIES								
	2/05/18 86546649 201802 310-51300-51000		*	40.24				
	SUPPLIES								
	2/06/18 44795783 201802 310-51300-51000		*	26.99				
	SUPPLIES								
	2/07/18 65457679 201802 310-51300-51000		*	66.98				
	SUPPLIES	SYNCB/AMAZON			1,232.32 014105		
							
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00520	2/14/18 3192	201802 330-53600-46050	*	5,340.00	
	DEWATERING SYSTEM			
		TOMOKA CONSTRUCTION SERVICES,INC.		5,340.00 014106	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00146   2/21/18 FEB-18	201802 310-53600-54100	*	147.50	
TRAINING & EDUCATION			
	WASHKO, PAUL		147.50 014107	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

TOTAL	FOR	BANK D	188,710.43	
TOTAL	FOR	REGISTER	188,710.43	

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER   RUN  4/03/18	PAGE   1
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE

CHECK  VEND#  .....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE   INVOICE   YRMO  DPT ACCT# SUB  SUBCLASS	AMOUNT	#

2/01/18 00255   2/01/18 4740	201802 320-54900-46000	*	45.00
FEB 18-BASIC PEST CONTROL
ABOVE THE REST PEST CONTROL	45.00 006378
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00286	1/19/18 14296240 201801 320-54900-41000	*	55.74	
	JAN 18-INTERNET SERVICES			
	AT&T UVERSE		55.74 006379	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00132   1/19/18 12837587 201801 320-54900-43000	*	426.46	
ACCT NO. 308923-19027			
CITY OF PALM COAST		426.46 006380	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00320   1/29/18	7979	201801 320-54900-46000	*	200.00	
	MOVE GNRATOR CONTROL BOX			
1/29/18	7979	201801 320-54900-46000	*	150.00	
	INST.CABLES FOR MACHINE			
		ELECTRICAL WIRING SOLUTIONS, INC.		350.00 006381	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00146	1/17/18 00407527 201802 320-54900-23000	*	605.63	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 300-13100-10000	*	1,764.73	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 300-13100-10100	*	205.48	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 320-53800-23000	*	205.48	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 300-20700-10000	*	205.48-	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 310-53600-23000	*	1,764.73	
	FEB 18-INSURANCE			
	1/17/18 00407527 201802 300-20700-10000	*	1,764.74-	
	FEB 18-INSURANCE			
	GUARDIAN-BETHLEHEM		2,575.83 006382	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00312   2/01/18 02012018 201802 320-53800-12100	*	300.00	
FEB 18-CONSULTANT FEE			
2/01/18 02012018 201802 310-53600-12100	*	400.00	
FEB 18-CONSULTANT FEE			
2/01/18 02012018	201802 320-54900-12100	*	300.00	
FEB 18-CONSULTANT FEE			
2/01/18 02012018	201802 300-20700-10000	*	300.00-	
FEB 18-CONSULTANT FEE			
2/01/18 02012018	201802 300-20700-10000	*	400.00-	
FEB 18-CONSULTANT FEE			
2/01/18 02012018	201802 300-13100-10000	*	400.00	
FEB 18-CONSULTANT FEE			
	DUNE -DUNES -	SROSINA		

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	2		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND						
			BANK E DUNES - BRIDGE						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	2/01/18 02012018 201802	300-13100-10100		*	300.00				
	FEB 18-CONSULTANT FEE	RICHARD RYAN			1,000.00 006383		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00017   1/19/18 65153157	201801 310-53600-52100	*	437.85	
JAN 18-PURCHASES			
1/19/18 65153157	201801 300-20700-10000	*	437.85-	
JAN 18-PURCHASES			
1/19/18 65153157	201801 320-54900-46000	*	51.04	
JAN 18-PURCHASES			
1/19/18 65153157	201801 300-13100-10000	*	437.85	
JAN 18-PURCHASES			
	SHELL		488.89 006384	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/18 00061   2/01/18 8464783- 201802 320-54900-46000	*	248.30	
FEB 18-REFUSE SERVICES			
WASTE MANAGEMENT INC. OF FLORIDA		248.30 006385	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00206   2/01/18 102549	201802 320-54900-46000	*	130.00	
INSTALL	CARD READER			
	A & A LOCK, INC.		130.00 006386	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00184   1/26/18 99880-01 201801 310-53600-23000	*	199.32	
JAN 18	- INSURANCE			
1/26/18 99880-01 201801 320-54900-23000	*	31.46	
JAN 18	- INSURANCE			
1/26/18 99880-01 201801 300-13100-10000	*	199.32	
JAN 18	- INSURANCE			
1/26/18 99880-01 201801 300-20700-10000	*	199.32-	
JAN 18	- INSURANCE			
	AMERICAN HERITAGE LIFE INS COMPANY		230.78 006387	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00321   1/31/18	21527	201801 320-54900-46000	*	425.00	
	GUTTER CLEANING			
1/31/18	21527	201801 320-54900-46000	*	260.00	
	GUTTER CLEANING			
		COASTAL CLEAR WINDOW CLEANING		685.00 006388	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00101	1/29/18 220392	201801 320-54900-52000	*	55.00	
	SERVICE	THRU-01/29/18			
		CULLIGAN WATER PRODUCTS		55.00 006389	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00222	2/05/18 14775	201802 320-54900-51000	*	36.00	
	SELF INKING RUBBER STAMP			
		DOLPHIN PRINTING & DESIGN, INC.		36.00 006390	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R			YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	3	
*** CHECK DATES	02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND					
				BANK E DUNES - BRIDGE					
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....	
DATE	DATE	INVOICE	YRMO  DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
2/08/18 00014	1/26/18	58528-05	201801 320-54900-43000		*	605.91			
		5000 PALM COAST PKWY NE							
	1/29/18	58458-04	201801 320-54900-43000		*	83.02			
		5000 PALM COAST PKWY NE							
	1/29/18	58618-02	201801 320-54900-43000		*	180.93			
		5000 PALM COAST PKWY NE							
	1/30/18	01362-07	201801 320-54900-46002		*	35.19			
		400 HAMMOCK DUNES PKWY #							
	1/30/18	01706-84	201801 320-54900-46002		*	28.27			
		18 BLUE	HERON LN # STLT							
	1/30/18	10444-25	201801 320-54900-46002		*	40.65			
		5800 HAMMOCK DUNES PKWY #						
	1/30/18	22743-56	201801 320-54900-46002		*	34.22			
		300 HAMMOCK DUNES PKWY #							
	1/30/18	85914-06	201801 320-54900-43000		*	102.21			
		BON TERRE #NS 100E A1A-LT						
				FLORIDA POWER & LIGHT CO.			1,110.40 006391	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00145	2/01/18 456	201802 310-51300-34000	*	1,416.67	
	MGMT FEES-FEB 18			
		GOVERNMENTAL MANAGEMENT SERVICES		1,416.67 006392	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00316	1/27/18 57755251 201801 310-51300-49100	*	47.75	
	LAB TESTING			
	LABORTORY CORPORATION OF AMERICA		47.75 006393	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00036	2/07/18 1980	201802 300-20700-10000	*	185.00-	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 320-53600-46000	*	92.50	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 330-53600-46000	*	92.50	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 300-20700-10000	*	275.00-	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 320-53800-46000	*	275.00	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 320-54900-46000	*	185.00	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 300-13100-10000	*	185.00	
	FLOOR MAINTENANCE			
	2/07/18 1980	201802 300-13100-10100	*	275.00	
	FLOOR MAINTENANCE			
		SPOTLESS CLEANING		645.00 006394	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00322  12/26/17 71891952 201712 320-54900-52000	*	171.93	
SUPPLIES			
DUNE -DUNES -	SROSINA		

AP300R			YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	4		
*** CHECK DATES	02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND						
				BANK E DUNES - BRIDGE						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE	INVOICE	YRMO  DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	12/27/17	71892474	201712 310-51300-51000		*	133.06				
		SUPPLIES								
	12/27/17	71892474	201712 300-13100-10000		*	133.06				
		SUPPLIES								
	12/27/17	71892474	201712 300-20700-10000		*	133.06-				
		SUPPLIES								
	1/05/18	71893154	201801 320-54900-51000		*	65.98				
		SUPPLIES								
	1/08/18	71896187	201801 310-51300-51000		*	21.98				
		SUPPLIES								
	1/08/18	71896187	201801 300-20700-10000		*	21.98-				
		SUPPLIES								
	1/08/18	71896187	201801 300-13100-10000		*	21.98				
		SUPPLIES								
	1/17/18	71904798	201801 320-54900-52000		*	99.99				
		SUPPLIES								
	1/18/18	71905710	201801 320-54900-52000		*	5.29				
		SUPPLIES	STAPLES BUSINESS CREDIT			498.23 006395		
									
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00318	1/31/18 379373	201801 320-54900-46000	*	675.00	
	MECHANICAL SWEEPING			
		USA SERVICES		675.00 006396	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/08/18 00322  12/28/17 71892474 201712 310-51300-51000	*	10.99	
SUPPLIES			
12/28/17 71892474 201712 300-20700-10000	*	10.99-	
SUPPLIES			
12/28/17 71892474 201712 300-13100-10000	*	10.99	
SUPPLIES			
1/03/18 71896187 201801 310-51300-51000	*	227.44	
SUPPLIES			
1/03/18 71896187 201801 300-20700-10000	*	227.44	
SUPPLIES			
1/03/18 71896187 201801 300-13100-10000	*	227.44	
SUPPLIES			
1/11/18 71901861 201801 310-51300-51000	*	199.55	
SUPPLIES			
1/11/18 71901861 201801 300-20700-10000	*	199.55-	
SUPPLIES			
1/11/18 71901861 201801 300-13100-10000	*	199.55	
SUPPLIES			
1/17/18 71904797 201801 320-54900-52000	*	107.92	
SUPPLIES			
STAPLES BUSINESS CREDIT		1,000.78 006397	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DUNE -DUNES -	SROSINA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	5		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND						
			BANK E DUNES - BRIDGE						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE   YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
2/15/18 00082	2/01/18 386 446- 201802	320-54900-41000		*	426.66				
	BRIDGE OFC TELEPHONE SVC	AT&T			426.66 006398		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/15/18 00189   2/09/18 46701	201802 320-54900-52000	*	176.77		
SUPPLIES	COASTAL SUPPLIES		176.77 006399		
					
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00185   2/06/18 1473	201802 320-54900-46000	*	1,100.00	
FEB	18-LAWN MAINT			
	ALL AMERICAN MAINTENANCE OF FLAGLER		1,100.00 006400	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00252   2/21/18 2335	201802 320-54900-46000	*	493.00	
FEB	18-JANTRIAL SVC-EXTRA			
	ALL SEASON HOME SOLUTION LLC		493.00 006401	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00307   3/01/18 MARCH 18 201803 320-54900-23000	*	384.10	
MAR 18-INSURANCE REIMB			
ROBERT AUSBROOKS		384.10 006402	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00039	2/01/18 16275	201801	310-51300-32200	*	1,600.00	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	310-51300-32200	*	3,600.00	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	310-51300-32200	*	2,800.00	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	300-13100-10000	*	3,600.00	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	300-13100-10100	*	1,600.00	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	300-20700-10000	*	1,600.00-	
	AUDIT FEES FYE	09/30/2017			
	2/01/18 16275	201801	300-20700-10000	*	3,600.00-	
	AUDIT FEES FYE 09/30/2017			
			GRAU & ASSOCIATES		8,000.00 006403	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00290	1/31/18 01312018 201801 320-54900-46000	*	850.00	
	TREE REMOVAL			
	JASON SHAW TREE SERVICE		850.00 006404	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00319   2/20/18 759	201802 320-54900-46000	*	950.00	
PRESSURE WASH-SOUTH SIDE			
	P.S.I.		950.00 006405	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00154   2/09/18 80124715 201803 320-54900-23000	*	6,997.88	
MAR 18 -INSURANCE			
DUNE -DUNES -	SROSINA		

AP300R		YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN  4/03/18	PAGE	6		
*** CHECK DATES 02/01/2018 - 02/28/2018 ***	DUNES CDD - BRIDGE FUND						
			BANK E DUNES - BRIDGE						
CHECK  VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....		
DATE	DATE   INVOICE	YRMO  DPT ACCT# SUB	SUBCLASS			AMOUNT	#		
	2/09/18 80124715 201803 300-13100-10000		*	11,749.46				
	MAR 18 -INSURANCE								
	2/09/18 80124715 201803 300-13100-10100		*	1,356.38				
	MAR 18 -INSURANCE								
	2/09/18 80124715 201803 320-53800-23000		*	1,356.38				
	MAR 18 -INSURANCE								
	2/09/18 80124715 201803 300-20700-10000		*	1,356.38-				
	MAR 18	-INSURANCE								
	2/09/18 80124715 201803 310-53600-23000		*	11,749.46				
	MAR 18	-INSURANCE								
	2/09/18 80124715 201803 300-20700-10000		*	11,749.46-				
	MAR 18	-INSURANCE	UNITED HEALTHCARE			20,103.72 006406		
								
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00305   2/09/18 379986	201802 320-54900-46000	*	675.00	
FEB 18-MECHANICAL SWEEPNG			
	USABLUEBOOK		675.00 006407	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/22/18 00284	2/01/18 200241	201802 320-54900-46002	*	7,997.00	
	FEB 18-LANDSCAPE MAINT			
		YELLOWSTONE LANDSCAPE		7,997.00 006408	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

TOTAL	FOR	BANK E	52,877.08	
TOTAL	FOR	REGISTER	52,877.08	

DUNE -DUNES -	SROSINA