ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING OCTOBER 2, 2019
7:00 P.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193

www.islandsatdoralnecdd.org 786.347.2711 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA ISLANDS AT DORAL (NE)
COMMUNITY DEVELOPMENT DISTRICT
Doral Legacy Park – 2nd Floor Conference Room 11400 NW 82nd Street
Doral, Florida 33178
REGULAR BOARD MEETING
October 2, 2019
7:00 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
June 5, 2019 Regular Board Meeting & Public Hearing.	Page 2
Old Business
New Business
Consider Resolution No. 2019-04 – Adopting a Fiscal Year 2018/2019 Amended Budget.	Page 6
Auditor Selection Committee
Ranking of Proposals/Consider Selection of an Auditor.	Page 11
Administrative Matters
Financial Update.	Page 12
Board Member/Staff Comments and Requests
Adjourn

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

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily Business  Review  f/k/a  Miami   Review,   a   daily   (except Saturday,	Sunday and  Legal  Holidays)  newspaper, published at Miami in Miami-Dade County,  Florida;  that  the attached  copy  of  advertisement,  being   a   Legal  Advertisement of Notice in the matter of

ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT· FISCAL YEAR 2019/2020 REGULAR MEETING SCHEDULE

in the XXXX Court,
was published in said newspaper in the issues of 09/23/2019

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

GUILLERMO GARCIA personally known to me

••-;,fA 'iff*'.',, BARBARA THOMAS

D·	tl Comraission # GG 121171
j.	· '1 xpir,es November 2, 2021
'•·,,,,.,.,,.,.•••· Bended Thru Troy Fain lnwrance 800-385-7019

ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING
JUNE 5, 2019

CALL TO ORDER

The June 5, 2019, Regular Board Meeting of the Islands at Doral (NE) Community Development District was called to order at 7:07 p.m. in the Doral Legacy Park, 2nd Floor Conference Room, located at 11400 NW 82nd Street, Doral, Florida 33178.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the
Miami Daily Business Review on September 21, 2018, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of Chairman Jesus Arias, Vice Chairman Nestor Garcia and Supervisor Dunia Cuneo constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance were: District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Ginger Wald of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

SEAT NEW BOARD MEMBERS

There were no new Board Members to be seated.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to that agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
April 3, 2019, Regular Board Meeting

The April 3, 2019, Regular Board Meeting minutes were presented for approval.

A MOTION was made by Supervisor Cuneo, seconded by Vice Chairman Garcia and unanimously passed approving the minutes of the April 3, 2019, Regular Board Meeting, as presented.

At approximately 7:11 p.m., Mrs. Perez recessed the Regular Board Meeting and simultaneously opened the Public Hearing.

PUBLIC HEARING
Proof of Publication

Proof of publication was presented that notice of the Public Hearing had been published in the Miami Daily Business Review on May 16, 2019, and May 23, 2019, as legally required.

Receive Public Comment on Fiscal Year 2019/2020 Final Budget

Mrs. Perez opened the public comment portion of the Public Hearing to receive comments regarding the fiscal year 2019/2020 final budget and non-ad valorem special assessments.

At approximately 7:12 p.m., with there being no further Final Budget and assessment business to conduct, Mrs. Perez adjourned the Public Hearing and simultaneously reconvened the Regular Board Meeting.

Consider Resolution No. 2019-02 – Adopting a Fiscal Year 2019/2020 Final Budget

Mrs. Perez presented Resolution No. 2019-02, entitled:

RESOLUTION NO. 2019-02

A RESOLUTION OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2019/2020 BUDGET.

Mrs. Perez read the title of the resolution into the record and stated that it provides for approving and adopting the fiscal year 2019/2020 Final Budget and the non-ad valorem special assessment.

A MOTION was made by Vice Chairman Garcia, seconded by Supervisor Cuneo and unanimously passed to adopt Resolution No. 2019-02, approving the Fiscal Year 2019/2020 Final Budget, as presented and setting the fiscal year 2019/2020 Final Budget and non-ad valorem special assessment tax roll (Assessment Levy).

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2019-03 – Adopting a Fiscal Year 2019/2020 Meeting Schedule

Mrs. Perez presented Resolution No. 2019-03, entitled:

RESOLUTION NO. 2019-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2019/2020 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez read the title of the Resolution into the record and noted that meetings would remain at the same location in the Islands at Doral NE Community Development District will hold Regular Meetings in the Doral Legacy Park, 2nd Floor Conference Room, located at 11400 NW 82nd Street, Doral, Florida 33178, with the current start time of 11:00 a.m. on the following days;

October 2, 2019
February 5, 2020
April 1, 2020

June 3, 2020
August 5, 2020

A MOTION was made by Garcia, seconded by Cuneo and unanimously passed to adopt Resolution No. 2019-03, approving the Regular Meeting Schedule for Fiscal Year 2019-2020, holding meetings in the Doral Legacy Park 2nd Floor Conference Room located at 11400 NW 82nd Street, Doral, Florida 33178, with the start time of 7:00 p.m., and further authorizes the advertisement of same, as required by law.

Consider Appointment of Audit Committee & Approval of Evaluation Criteria

Ms. Perez stated that the Board needed to begin the auditor selection process, once again. She indicated that this had been done years ago and presented a draft of the Evaluation Criteria and the RFP Notice to be published.

As is procedurally done and per Florida Statute, the auditor selection is done by a Committee, appointed by the Board. With that being stated:

A MOTION was made by Vice Chairman Garcia, seconded by Supervisor Cuneo and unanimously passed to appoint the full District Board as the Auditor Selection Committee.

At approximately 7:15 p.m., the Regular Board Meeting was recessed and the Audit Selection Committee Meeting was convened.

Now sitting as the Auditor Selection Committee, the standard criteria was reviewed, the RFP for proposals was shown and it was noted that it was a standard form. If approved to move forward, SDS, Inc. will advertise and the results will be brought back to the Committee for selection. It was noted that approval is needed by the Committee in order to proceed with the RFP process and use the criteria, as presented. Ranking points on the criteria will be awarded for each of the 5 criteria. When proposals are brought back, the Committee will rank them and an auditor will be selected. All five criteria have a maximum award of 10 points each.

A MOTION was made by Vice Chairman Garcia, seconded by Supervisor Cuneo and unanimously passed approving the audit selection criteria and for SDS, Inc. to move forward with the RFP process.

At approximately 7:16 p.m., the Audit Selection Committee was closed and Regular Board Meeting was reconvened.

A MOTION was made by Vice Chairman Garcia, seconded Supervisor Cuneo and unanimously passed approving the Auditor Selection Committee’s recommendation approving the audit selection criteria and for SDS, Inc. to move forward with the RFP process.

ADMINISTRATIVE MATTERS
Statement of Financial Interests – 2018 Form 1

The Board was reminded of the importance of completing and mailing to the Supervisor of Elections within the County of residency their individual 2018 Statement of Financial Interests Form 1. The deadline for submittal is July 1, 2019.

Office of Records Update

Mrs. Perez announced that the official records of the District had been moved from the Special District Services, Inc. Miami Lakes’ office at 6625 Miami Lakes Drive, Suite 374, Miami Lakes, Florida 33014 to the Special District Services, Inc. Kendall office located at 8785 SW 165 Avenue, Suite 200, Miami, Florida 33193.

Financial Update

Mrs. Perez presented the financials in the meeting book and briefly reviewed those with the Board, pointing out that the available funds as of April 30, 2019, were $110,214.43.

BOARD MEMBER/STAFF COMMENTS

There were no Board Member or Staff comments.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Chairman Arias, seconded by Vice Chairman Garcia and passed unanimously to adjourn the Regular Board Meeting at 7:20 p.m.

ATTEST:

Secretary/Assistant Secretary	Chairman/Vice-Chair

RESOLUTION NO. 2019-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2018/2019 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Islands at Doral (NE) Community Development District (“District”) is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared for consideration and approval an Amended Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT, THAT:

Section 1. The Amended Budget for Fiscal  Year  2018/2019  attached  hereto  as  Exhibit “A” is hereby approved and adopted.

Section 2.   The Secretary/Assistant Secretary of the District is authorized to execute   any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 2nd day of October, 2019.

ATTEST:	ISLANDS AT DORAL (NE)
COMMUNITY DEVELOPMENT DISTRICT

By: 			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Islands At Doral (NE) Community Development District

Amended Budget For Fiscal Year 2018/2019
October 1, 2018 - September 30, 2019

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET
10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 8/31/19	
Administrative Assessments	56,121	58,161	58,161	
Maintenance Assessments	8,511	8,511	8,511	
Debt Assessments	554,723	554,723	554,723	
Interest Income	300	350	334	
				
TOTAL REVENUES	$	619,655	$	621,745	$	621,729	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
Maintenance Contingency	6,600	6,600	0	
Engineering/Inspections	1,400	1,400	0	
TOTAL MAINTENANCE EXPENDITURES	$	8,000	$	8,000	$	-	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	5,000	1,800	1,800	
Payroll Taxes (Employer)	400	138	138	
Management	28,908	28,908	26,499	
Secretarial	4,200	4,200	3,850	
Legal	9,000	6,000	6,000	
Assessment Roll	7,500	7,500	0	
Audit Fees	3,900	3,900	3,900	
Arbitrage Rebate Fee	650	650	650	
Insurance	6,646	5,000	5,000	
Legal Advertisements	625	625	255	
Miscellaneous	1,050	1,050	573	
Postage	250	175	158	
Office Supplies	525	375	278	
Dues & Subscriptions	175	175	175	
Trustee Fees	4,100	4,080	4,080	
Continuing Disclosure Fee	350	350	0	
Website Management	1,500	1,500	1,375	
TOTAL ADMINISTRATIVE EXPENDITURES	$	74,779	$	66,426	$	54,731	
				
TOTAL EXPENDITURES	$	82,779	$	74,426	$	54,731	
				
REVENUES LESS EXPENDITURES	$	536,876	$	547,319	$	566,998	
				
Bond Payments	(524,213)	(530,979)	(530,979)	
				
BALANCE	$	12,663	$	16,340	$	36,019	
				
County Appraiser & Tax Collector Fee	(11,463)	(6,004)	(6,004)	
Discounts For Early Payments	(22,925)	(20,524)	(20,524)	
				
EXCESS/ (SHORTFALL)	$	(21,725)	$	(10,188)	$	9,491	
				
Carryover From Prior Year	21,725	21,725	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	11,537	$	9,491	

FUND BALANCE AS OF 9/30/18	
FY 2018/2019 ACTIVITY	
FUND BALANCE AS OF 9/30/19	

$89,812	
($10,188)	
$79,624	

Notes
Carryover From Prior Year Of $21,725 was used to reduce Fiscal Year 2018/2019 Assessments.
$21,725 Of Fund Balance To Be Used To Reduce 2019/2020 Assessments.

AMENDED FINAL BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2018/2019 OCTOBER 1, 2018 - SEPTEMBER 30, 2019

REVENUES	FISCAL YEAR 2018/2019 BUDGET
10/1/18 - 9/30/19	AMENDED FINAL BUDGET
10/1/18 - 9/30/19	YEAR TO DATE ACTUAL
10/1/18 - 8/31/19	

Interest Income	
100	
1,200	
1,148	

NAV Tax Collection	
524,213	
530,979	
530,979	

Total Revenues	
$	524,313	
$	532,179	
$	532,127	

EXPENDITURES				

Principal Payments	
235,000	
235,000	
235,000	

Interest Payments	
178,929	
181,143	
181,143	

Additional Principal Payments	
110,384	
110,000	
110,000	

Total Expenditures	
$	524,313	
$	526,143	
$	526,143	

Excess/ (Shortfall)	
$	-	
$	6,036	
$	5,984	

FUND BALANCE AS OF 9/30/18	

FY 2018/2019 ACTIVITY	

FUND BALANCE AS OF 9/30/19	

$455,098	

$6,036	

$461,134	

Notes
Reserve Fund Balance = $220,068*. Revenue Fund Balance = $239,226*.
Revenue Fund Balance To Be Used To Make 11/1/2019 Interest Payment Of $84,989 and Extraordinary Principal Payment Of $110,000.
* Approximate Amounts

Series 2014 Bond Refunding Information		
Original Par Amount =	$5,925,000	Annual Principal Payments Due:	
Interest Rate =	3.85%	May 1st	
Issue Date =	April 2014	Annual Interest Payments Due:	
Maturity Date =	May 2029*	May 1st & November 1st	
Par Amount As Of 8/31/19 =	$4,415,000		

*Original Principal Amount Due In May 2029: $2,225,000
*Current Principal Amount Due In May 2029: $1,805,000

October 2, 2019

RE: Islands At Doral (NE) Community Development District

The Islands At Doral (NE) Community Development District is required to select an auditor to perform the audit for the district for the years ending September 30, 2019, September 30, 2020 and September 30, 2021; with an option for an additional two year renewal.

In accordance with the Auditor Selection procedures as outlined by Florida Statute 218.391, the District has established the auditor selection criteria and has placed a legal advertisement requesting proposals from qualified audit firms.

The current auditor for the Islands At Doral (NE) Community Development District is the firm of Grau & Associates.

Grau & Associates was the only firm to respond to the legal advertisement requesting proposals to perform the fiscal year ending September 30, 2019, September 30, 2020 and September 30, 2021 audits. The proposed fee for the audit for fiscal year ending September 30, 2019 is $3,400.00. The proposed fee for the audit for fiscal year ending September 30, 2020 is $3,500.00. The proposed fee for the audit for fiscal year ending September 30, 2021 audit is $3,600.00. The proposed fee for the audit for fiscal year ending September 30, 2022 (option year) is $3,700.00. And the proposed fee for the audit for fiscal year ending September 30, 2023 (option year) is $3,800.00. The approved fee for the fiscal year ending September 30, 2018 audit, which Grau & Associates has completed, was $3,900.00. The proposed Audit Fee budget for Fiscal Year 2019/2020 is
$4,000.00.

Management would like to report that it is pleased with the professionalism and the competence of the Grau and Associates, partners and supporting staff.

It is recommended at this time that Grau & Associates be hired to perform the September 30, 2019, September 30, 2020 and September 30, 2021 annual government audits and also be selected, subject to fee adjustments for inflation, to perform the fiscal year end audits for the following two years (FYE 9/30/22 and 9/30/23).

Special District Services, Inc.

Islands At Doral (NE) Community Development District

Financial Report For August 2019

Islands at Doral (NE) Community Development District
Budget vs. Actual
October 2018 through August 2019

	Oct '18 - Aug 19		18-19 Budget		$ Over Budget		% of Budget	
Income								
363.100 · Admin Assessment Income	58,160.67		56,121.00		2,039.67		103.63%	
363.101 · Maint Assessment Income	8,511.15		8,511.00		0.15		100.0%	
363.810 · Debt Assessment	554,723.30		554,723.00		0.30		100.0%	
363.820 · Debt Assessment-Paid To Trustee	-530,979.30		-524,213.00		-6,766.30		101.29%	
363.830 · Assessment Fees	-6,003.85		-11,463.00		5,459.15		52.38%	
363.831 · Discounts For Early Payments	-20,523.55		-22,925.00		2,401.45		89.53%	
369.401 · Interest Income	334.28		300.00		34.28		111.43%	
369.402 · Carryover From Prior Year	0.00		21,725.00		-21,725.00		0.0%	
Total Income	64,222.70		82,779.00		-18,556.30		77.58%	
Expense								
511.122 · Payroll Expense	137.70		400.00		-262.30		34.43%	
511.131 · Supervisor Fee	1,800.00		5,000.00		-3,200.00		36.0%	
511.305 · Maintenance Contingency	0.00		6,600.00		-6,600.00		0.0%	
511.310 · Engineering	0.00		1,400.00		-1,400.00		0.0%	
511.311 · Management Fees	26,499.00		28,908.00		-2,409.00		91.67%	
511.312 · Secretarial Fees	3,850.00		4,200.00		-350.00		91.67%	
511.315 · Legal Fees	6,000.00		9,000.00		-3,000.00		66.67%	
511.318 · Assessment/Tax Roll	0.00		7,500.00		-7,500.00		0.0%	
511.320 · Audit Fees	3,900.00		3,900.00		0.00		100.0%	
511.330 · Arbitrage Rebate Fee	650.00		650.00		0.00		100.0%	
511.450 · Insurance	5,000.00		6,646.00		-1,646.00		75.23%	
511.480 · Legal Advertisements	255.49		625.00		-369.51		40.88%	
511.512 · Miscellaneous	572.68		1,050.00		-477.32		54.54%	
511.513 · Postage and Delivery	158.33		250.00		-91.67		63.33%	
511.514 · Office Supplies	278.40		525.00		-246.60		53.03%	
511.540 · Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733 · Trustee Fees	4,079.63		4,100.00		-20.37		99.5%	
511.734 · Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
511.750 · Website Management	1,375.00		1,500.00		-125.00		91.67%	
Total Expense	54,731.23		82,779.00		-28,047.77		66.12%	
Net Income	 	9,491.47		 	0.00		 	9,491.47		 	100.0%	

ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
AUGUST 2019

REVENUES	
Annual Budget
10/1/18 - 9/30/19	

Actual Aug-19	Year To Date Actual
10/1/18 - 8/31/19	
Administrative Assessments	56,121	0	58,161	
Maintenance Assessments	8,511	0	8,511	
Debt Assessments	554,723	0	554,723	
Interest Income	300	14	334	
				
Total Revenues	$	619,655	$	14	$	621,729	
				
MAINTENANCE EXPENDITURES				
Maintenance Contingency	6,600	0	0	
Engineering/Inspections	1,400	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	8,000	$	-	$	-	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	5,000	0	1,800	
Payroll Taxes (Employer)	400	0	138	
Management	28,908	2,409	26,499	
Secretarial	4,200	350	3,850	
Legal	9,000	0	6,000	
Assessment Roll	7,500	0	0	
Audit Fees	3,900	0	3,900	
Arbitrage Rebate Fee	650	0	650	
Insurance	6,646	0	5,000	
Legal Advertisements	625	0	255	
Miscellaneous	1,050	0	573	
Postage	250	7	158	
Office Supplies	525	35	278	
Dues & Subscriptions	175	0	175	
Trustee Fees	4,100	0	4,080	
Continuing Disclosure Fee	350	0	0	
Website Management	1,500	125	1,375	
TOTAL ADMINISTRATIVE EXPENDITURES	$	74,779	$	2,926	$	54,731	
				
TOTAL EXPENDITURES	$	82,779	$	2,926	$	54,731	
				
Revenues Less Expenditures	$	536,876	$	(2,912)	$	566,998	
				
Bond Payments	(524,213)	0	(530,979)	
				
Balance	$	12,663	$	(2,912)	$	36,019	
				
County Appraiser & Tax Collector Fee	(11,463)	0	(6,004)	
Discounts For Early Payments	(22,925)	0	(20,524)	
				
Excess/ (Shortfall)	$	(21,725)	$	(2,912)	$	9,491	
				
Carryover from Prior Year	21,725	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(2,912)	$	9,491	

Bank Balance As Of 7/31/19	$	127,483.91	
Funds Received: 8/1/19 - 8/31/19	$	14.27	
Disbursements: 8/1/19 - 8/31/19	$	25,268.30	
Bank Balance As Of 8/31/19	$	102,229.88	
Accounts Payable As Of 8/31/19	$	2,926.05	
Accounts Receivable As Of 8/31/19	$	-	
Available Funds As Of 8/31/19	$	99,303.83	

ISLANDS AT DORAL (NE) CDD TAX COLLECTIONS
2018-2019

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Fees	

Discount	

Net From Tax Collector	Admin.
Assessment Income (Before Discounts & Fee)	Maint Assessment Income (Before Discounts & Fee)	Debt Assessment Income (Before Discounts & Fee)	Admin.
Assessment Income (After Discounts & Fee)	Maint Assessment Income (After Discounts & Fee)	Debt Assessment Income (After Discounts & Fee)	

Debt Assessments Paid to Trustee	
									$619,355.00	$56,121.00	$8,511.00	$ 554,723.00	$56,121.00	$8,511.00	$554,723.00		
									$584,967.00	$52,754.00	$8,000.00	$ 524,213.00	$52,754.00	$8,000.00	$524,213.00	$524,213.00	
1	625	Miami-Dade Tax Collector	10/19/18	 A. Taxes	 	2,220.06		 	(21.03)	 	(116.55)	 	2,082.48	 	201.36	 	30.40	 	1,988.30	 	188.88	 	28.55	 	1,865.05	 	1,865.05	
2	392	Miami-Dade Tax Collector	11/20/18	 A. Taxes	 	39,382.47		 	(378.08)	 	(1,575.27)	 	37,429.12	 	3,572.07	 	539.55	 	35,270.85	 	3,394.92	 	512.75	 	33,521.45	 	33,521.45	
3	320	Miami-Dade Tax Collector	11/30/18	 A. Taxes	 	78,324.13		 	(751.91)	 	(3,132.87)	 	74,439.35	 	7,103.98	 	1,073.05	 	70,147.10	 	6,751.65	 	1,019.80	 	66,667.90	 	66,667.90	
4	221	Miami-Dade Tax Collector	12/10/18	 A. Taxes	 	349,674.54		 	(3,356.88)	 	(13,986.55)	 	332,331.11	 	31,715.49	 	4,790.55	 	313,168.50	 	30,142.41	 	4,552.95	 	297,635.75	 	297,635.75	
5	403	Miami-Dade Tax Collector	12/21/18	 A. Taxes	 	14,730.00		 	(142.37)	 	(492.12)	 	14,095.51	 	1,336.00	 	201.80	 	13,192.20	 	1,278.46	 	193.10	 	12,623.95	 	12,623.95	
6	305	Miami-Dade Tax Collector	01/14/19	 A. Taxes	 	20,379.29		 	(197.69)	 	(611.39)	 	19,570.21	 	1,848.39	 	279.20	 	18,251.70	 	1,775.01	 	268.05	 	17,527.15	 	17,527.15	
7	657	Miami-Dade Tax Collector	01/29/19	Interest		 	263.92			 	263.92	 	263.92			 	263.92			 	-	
8	720	Miami-Dade Tax Collector	02/08/19	 A. Taxes	 	19,764.55		 	(193.80)	 	(385.04)	 	19,185.71	 	1,792.65	 	270.75	 	17,701.15	 	1,740.11	 	262.80	 	17,182.80	 	17,182.80	
9	276	Miami-Dade Tax Collector	03/08/19	 A. Taxes	 	21,126.76		 	(209.25)	 	(198.66)	 	20,718.85	 	1,916.16	 	289.45	 	18,921.15	 	1,879.15	 	283.85	 	18,555.85	 	18,555.85	
10	321	Miami-Dade Tax Collector	04/09/19	 A. Taxes	 	29,376.06		 	(293.51)	 	(25.10)	 	29,057.45	 	2,664.41	 	402.45	 	26,309.20	 	2,635.50	 	398.05	 	26,023.90	 	26,023.90	
11	775	Miami-Dade Tax Collector	05/03/19	Interest		 	79.84			 	79.84	 	79.84			 	79.84			 	-	
12	409	Miami-Dade Tax Collector	05/09/19	 A. Taxes/Interest	 	11,191.05	 	185.10	 	(113.77)		 	11,262.38	 	1,200.15	 	153.30	 	10,022.70	 	1,188.13	 	151.75	 	9,922.50	 	9,922.50	
13	262	Miami-Dade Tax Collector	06/10/19	 A. Taxes/Interest	 	8,186.67	 	245.60	 	(84.32)		 	8,347.95	 	988.12	 	112.15	 	7,332.00	 	978.25	 	111.00	 	7,258.70	 	7,258.70	
14	589	Miami-Dade Tax Collector	06/24/19	 A. Taxes/Interest (TC)	 	24,999.65	 	1,124.93	 	(261.24)		 	25,863.34	 	3,337.63	 	368.50	 	22,418.45	 	3,304.24	 	364.80	 	22,194.30	 	22,194.30	
15	288	Miami-Dade Tax Collector	07/23/19	Interest		 	140.50			 	140.50	 	140.50			 	140.50			 	-	
16									 	-							 	-	
17									 	-							 	-	
18									 	-							 	-	
					$ 619,355.23	 	2,039.89	 	(6,003.85)	 	(20,523.55)	 	594,867.72	 	58,160.67	$ 8,511.15	$ 554,723.30	 	55,740.97	 	8,147.45	 	530,979.30	 	530,979.30	

 ote: 619,355, 56,121, 8,511 and 554,723 are 2018/2019 Budgeted
Total IAD-NE Roll = 619,355.25	assessments before discounts and fees.
 584,967, 52,754, 8,000 and 524,213 are 2018/2019 Budgeted assessments after discounts and fees.

 	619,355.23		
 	2,039.89	      594,867.72	
 	(58,160.67)	      (55,740.97)	
 	(8,511.15)	 	(8,147.45)	
 	(554,723.30)	 (530,979.30)
-	-