SOUTH KENDALL
Community Development District
Unaudited Financial Statements as of
September 30, 2020

Board of Supervisors Meeting October 23, 2020

TABLE OF CONTENTS

I.

Financial Statements - September 30, 2020

II.

Check Run Summary - October 23, 2020

III.

Special Assessment Receipts Schedule - September 30, 2020

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
September 30, 2020

 	Governmental Fund Types	
Debt

Total Governmental
 	Funds	

 	General	

 	Service	

ASSETS:
Cash  Petty Cash

$26,342
$500

---
---

$26,342
$500

Investments:
State Board - Excess Funds State Board - Capital Reserve

$412,177
$76,783

---
---

$412,177
$76,783

Series 2016A Reserve A Revenue A Interest A Principal A
Prepaid Expenses Electric Deposits

---
---
---
---
$27,270
$4,821

$332,925
$528,052
$2
$121
---
---

$332,925
$528,052
$2
$121
$27,270
$4,821

TOTAL ASSETS

 	$547,894 

 	$861,101 

 	$1,408,994 

LIABILITIES:
Accounts Payable Due to Other Funds

$17,817
$23,762

---
---

$17,817
$23,762

TOTAL LIABILITIES

 	$41,579 

 	$0 

 	$41,579 

FUND BALANCES:
Nonspendable:
Prepaid Items and Deposits Restricted
Debt Service General Fund
Unassigned

$32,091

---

$32,091

---
$76,783
$397,441

$861,101
---
---

$861,101
$76,783
$397,441

TOTAL FUND BALANCES

 	$506,315 

 	$861,101 

 	$1,367,416 

TOTAL LIABILITIES & FUND BALANCES

 	$547,894 

 	$861,101 

 	$1,408,994 

Page 1

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2020

ADOPTED
BUDGET

PRORATED BUDGET
THRU 09/30/2020

ACTUAL
THRU 09/30/2020

 DESCRIPTION	

VARIANCE

REVENUES:

Maintenance Assessments FEMA Procceds
Interest Income

$853,060
$0
$6,000

$853,060
$0
$6,000

$858,527
$5,802
$6,462

$5,467
$5,802
$462

TOTAL REVENUES
EXPENDITURES:

 	$859,060 

 	$859,060 

 	$870,792 

 	$11,732 

Administrative Supervisors Fee FICA Expenses Engineering Dissemination Attorney
Annual Audit Trustee Fees Management Fees Computer Time
Community Web Page Telephone
Postage
Printing & Binding Rentals & Leases Insurance
Legal Advertising Other Current Charges Office Supplies
Dues, Licenses & Subscriptions

$4,000
$306
$0
$2,500
$8,583
$3,800
$3,250
$49,389
$1,000
$3,102
$0
$394
$287
$2,400
$25,216
$753
$787
$30
$175

$5,000
$383
$7,500
$2,500
$20,000
$6,000
$3,250
$49,389
$1,000
$3,000
$150
$500
$1,250
$2,400
$24,672
$750
$750
$250
$175

$5,000
$383
$7,500
$2,500
$20,000
$6,000
$3,250
$49,389
$1,000
$3,000
$150
$500
$1,250
$2,400
$24,672
$750
$750
$250
$175

$1,000
$77
$7,500
$0
$11,418
$2,200
$0
$0
$0 ($102)
$150
$106
$963
$0 ($544)
($3)
($37)
$220
$0

TOTAL ADMINISTRATIVE

 	$128,919 

 	$128,919 

 	$105,972 

 	$22,947 

Maintenance
Security Service Landscape Maintenance
Landscape-Ficus Fumigation Seasonal Landscape Maintenance Tree Trimming
Repairs and Maintenance
Sprinkler Repairs and Maintenance Contingency
Capital Reserve

$159,600
$83,928
$9,000
$36,000
$30,000
$15,000
$12,000
$5,175
$58,222

$159,600
$83,928
$9,000
$36,000
$30,000
$15,000
$12,000
$5,175
$58,222

$152,543
$83,929
$9,000
$14,260
$47,250
$91,707
$7,410
$0
$0

$7,057
($1)
$0
$21,740 ($17,250)
($76,707)
$4,590
$5,175
$58,222

TOTAL MAINTENANCE

 	$408,925 

 	$408,925 

 	$406,098 

 	$2,827 

Page 2

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2020

ADOPTED
BUDGET

PRORATED BUDGET
THRU 09/30/2020

ACTUAL
THRU 09/30/2020

 DESCRIPTION	

VARIANCE

Clubhouse and Other Amenities
Management Clubhouse Alarm Monitoring & Fire Telephone/Cable Electricity
Water/Sewer Refuse Service
Repairs and Replacements Pool Maintenance
Pool  Repairs Landscape Maintenance
Fitness Equipment Maintenance Other Contingency
Special Events Office Supplies Janitorial Supplies Permit Fees
Pest Control Capital Reserves

$130,218
$2,021
$5,760
$25,000
$8,000
$1,428
$30,000
$21,600
$10,000
$37,639
$1,500
$17,010
$7,500
$1,000
$14,000
$1,000
$540
$7,000

$130,218
$2,021
$5,760
$25,000
$8,000
$1,428
$30,000
$21,600
$10,000
$37,639
$1,500
$17,010
$7,500
$1,000
$14,000
$1,000
$540
$7,000

$129,462
$1,971
$5,415
$18,603
$5,107
$1,488
$2,625
$22,910
$13,197
$32,639
$5,458
$3,966
$8,628
$0
$13,269
$625
$552
$0

$756
$50
$345
$6,397
$2,893
($60)
$27,375 ($1,310)
($3,197)
$5,000 ($3,958)
$13,044 ($1,128)
$1,000
$731
$375 ($12)
$7,000

TOTAL CLUBHOUSE AND OTHER AMENITIES

 	$321,216 

 	$321,216 

 	$265,915 

 	$55,301 

TOTAL EXPENDITURES

 	$859,060 

 	$859,060 

 	$777,985 

 	$81,075 

Excess (deficiency) of revenues Over (under) expenditures

 	$0 

 	$0 

 	$92,806 

 	$92,806 

Net change in fund balance

$0

$0

$92,806

$92,806

FUND BALANCE - Beginning

$0

$413,509

FUND BALANCE - Ending

 	$0 

 	$506,315 

Page 3

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND - SERIES 2016A
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending September 30, 2020

ADOPTED
    BUDGET 

PRORATED BUDGET
     THRU 09/30/2020	

ACTUAL
   THRU 09/30/2020 

 DESCRIPTION	

   VARIANCE 

REVENUES:

Assessments Interest Income

$633,986
$4,000

$633,986
$4,000

$637,588
$7,259

$3,602
$3,259

TOTAL REVENUES

 	$637,986 

 	$637,986 

 	$644,847 

 	$6,861 

EXPENDITURES:

Series 2016A Interest - 11/1 Principal - 11/01 Interest - 5/1

$153,794
$325,000
$150,544

$153,794
$325,000
$150,544

$153,794
$325,000
$150,544

$0
$0
$0

TOTAL EXPENDITURES

 	$629,338 

 	$629,338 

 	$629,338 

 	$0 

Excess (deficiency) of revenues Over (under) expenditures

 	$8,649 

 	$8,649 

 	$15,510 

 	$6,861 

Net change in fund balance

$8,649

$8,649

$15,510

$6,861

FUND BALANCE - Beginning

$514,758

$845,591

FUND BALANCE - Ending

 	$523,406 

 	$861,101 

Page 4

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2020

Page 5

Series 2016, Special Assessment Refunding Bonds

Interest Rate:	Varies
Maturity Date:	11/1/2040
Reserve Fund Requirement:

Bonds outstanding - 9/30/2019	$8,495,000.00

Less:	November 1, 2019 (Mandatory)	($325,000.00)

Current Bonds Outstanding	$8,170,000.00

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Schedule Fiscal Year 2020

ASSESSED THROUGH MIAMI-DADE COUNTY

Assessed on Roll:

GENERAL FUND DS SERIES 2016

$897,957.79
$667,353.86

57.3661%
42.6339%

$858,527.28
$637,587.68

($858,527.28)
($637,587.69)

$0.00

TRANSFERS TO DEBT SERVICE FUND:
DATE	CHECK #	2016 AMOUNT
12/5/2019	2648	$51,228.53
12/10/2019	2651	$471,356.83
1/10/2020	2669	$49,649.92
2/7/2020	2694	$15,175.62
3/10/2020	2706	$9,701.72
4/23/2020	2731	$11,468.70
6/5/2020	2759	$8,935.21
7/8/2020	2777	$20,071.16

TOTAL

Amount to be transferred:

$637,587.69

($0.01)

TOTAL	$1,565,311.65	100.00%  $1,496,114.96	($1,496,114.97)	($0.01)

($0.01) V#126 001.300.20700.10100

GROSS AMOUNT	ASSESSMENTS ASSESSMENTS	AMOUNT
ASSESSED	PERCENTAGE   COLLECTED   TRANSFERRED	TO BE TFR.

YTD Collected	100.00%	100.00%	100.00%
YTD Outstanding	$0.00	$0.00	$0.00

RECEIPT DATE	DESCRIPTION	GROSS LEVY	DISCOUNT/	COMMISSIONS	INTEREST	NET RECEIPTS
AMOUNT	(PENALTIES)	AMOUNT

GENERAL FUND
O&M

DEBT SERVICE SERIES 2016

TOTAL

11/14/2019	10/31/2015	$10,894.62	$497.34	$103.98	$0.00	$10,293.30
11/18/2019	11/1-11/8/19	$74,692.14	$2,987.68	$717.04	$0.00	$70,987.42
11/27/2019	11/9-11/14/19	$40,907.31	$1,636.29	$392.70	$0.00	$38,878.32
12/10/2019	11/15-11/30/19	$1,163,290.02	$46,531.55	$11,167.59	$0.00	$1,105,590.88
12/23/2019	12/1-12/13/19	$96,276.18	$3,718.18	$925.58	$0.00	$91,632.42
1/10/2020	12/4-12/31/19	$21,584.04	$647.51	$209.36	$0.00	$20,727.17
1/10/2020	11/2-12/31/19	$4,266.11	$127.96	$41.39	$0.00	$4,096.76
1/30/2020	interest	$0.00	$0.00	$0.00	$790.95	$790.95
2/10/2020	1/1-1/31/20	$36,752.01	$797.28	$359.55	$0.00	$35,595.18
3/10/2020	2/1-2/29/20	$23,243.10	$257.39	$229.85	$0.00	$22,755.86
4/13/2020	3/1-3/31/20	$22,200.57	$31.13	$221.69	$0.00	$21,947.75
4/13/2020	1/1-3/31/20	$5,002.70	$0.00	$50.04	$0.00	$4,952.66
4/30/2020	interest	$0.00	$0.00	$0.00	$93.98	$93.98
5/11/2020	4/1-4/30/20	$14,977.44	$0.00	$149.77	$0.00	$14,827.67
6/10/2020	5/1-5/31/20	$5,373.54	($161.20)	$55.35	$0.00	$5,479.39
6/10/2020	4/1-5/31/20	$657.49	$6.57	$0.00	$0.00	$650.92
07/08/20	6/23-6/24/20	$42,698.14	($1,921.40)	$446.19	$0.00	$44,173.35
07/15/20	6/1-6/30/20	$2,496.24	($112.33)	$26.09	$0.00	$2,582.48
07/26/20	interest	$0.00	$0.00	$0.00	$58.50	$58.50

$5,904.86
$40,722.69
$22,302.96
$634,234.05
$52,565.92
$11,890.36
$2,350.15
$790.95
$20,419.56
$13,054.14
$12,590.56
$2,841.15
$93.98
$8,506.05
$3,143.31
$373.41
$25,271.86
$1,412.81
$58.50

$4,388.44
$30,264.73
$16,575.36
$471,356.83
$39,066.50
$8,836.81
$1,746.61
$0.00
$15,175.62
$9,701.72
$9,357.19
$2,111.51
$0.00
$6,321.62
$2,336.08
$277.51
$18,901.49
$1,169.67
$0.00

$10,293.30
$70,987.42
$38,878.32
$1,105,590.88
$91,632.42
$20,727.17
$4,096.76
$790.95
$35,595.18
$22,755.86
$21,947.75
$4,952.66
$93.98
$14,827.67
$5,479.39
$650.92
$44,173.35
$2,582.48
$58.50

TOTAL	$1,565,311.65	$55,043.95	$15,096.17	$884.93	$1,496,056.46

$858,527.28

$637,587.68

$1,496,114.96

GROSS LEVY

$	897,957.79

$	667,353.86

$	1,565,311.65

SOUTH KENDALL
COMMUNITY DEVELOPMENT DISTRICT

Check Run Summary

October 23, 2020

Date

Check Numbers

Amount

9/9/2020

2817-2818

$1,392.45

9/16/2020

2819

$92.83

9/18/2020

2820

$131.85

9/23/2020

2821-2822

$26,323.33

Total

 	$27,940.46 

AP300R
*** CHECK DATES

YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER

CHECK REGISTER

RUN

10/09/20

PAGE

1

09/09/2020 - 09/30/2020 ***

SOUTH KENDALL CDD - GENERAL BANK A GENERAL FUND

CHECK	VEND# DATE
9/09/20 00044

.....INVOICE..... ...EXPENSED TO...
DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
8/20/20 84956006 202009 320-57200-41000

VENDOR NAME

STATUS

AMOUNT

....CHECK.....

AMOUNT

#

*

321.45

TV/INTERNET 8/29-9/28/20

COMCAST	(AUTO PAY)

321.45
- - - - -

002817
- - -

- - - - - - - - 9/09/20 00123

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7/27/20 FLD20040 202009 300-15500-10000
FLOOD COVERAGE FY21

- - - -

-

-

- -
*

-

-

-

-

-

- - - - - 1,071.00

NATIONAL GENERAL

INSURANCE
- - - - -

COMPANY
- - - -

1,071.00
- - - - -

002818
- - -

- - - - - - - - 9/16/20 00117

- - - - - - - - - - - - - - - - - - - - - - - - - - - 9/04/20 I0000484 202009 310-51300-48000
BIDS/HEARGS/MEETINGS
ALM MEDIA, LLC

-

-

- -
*

-

-

-

-

-

-

- - - - 92.83

92.83
- - - -

002819
- - -

- - - - - - - - 9/18/20 00044

- - - - - - - - - - - - - - - - - - - - - - - - - - 8/28/20 84956006 202009 320-57200-41000
INTERNET 9/6-10/5/20
COMCAST	(AUTO
- - - - - - - - - - - - - - - - - - - - - - - - - - 9/16/20 I0000484 202009 310-51300-48000
BIDS/HEARNGS/MEETING/ORD
ALM MEDIA, LLC
- - - - - - - - - - - - - - - - - - - - - - - - - - 9/09/20 11903	202009 300-15500-10000
INSURANCE FY2021
EGIS INSURANCE
- - - - - - - - - - - - - - - - - - - - - - - - - -

-

- -

-

-

-

-

-

-

-

-

-

- -
*

-

-

-

-

-

-

- - - - 131.85

-

PAY)
- - -

131.85
- - - -

002820
- - -

- - - - - - - - 9/23/20 00117

-

-

-

-

-

-

-

-

-

- -
*

-

-

-

-

-

-

- - - - 124.33

-

124.33
- - - -

002821
- - -

- - - - - - - - 9/23/20 00020

- - -

-

-

-

-

-

-

-

-

-

- -
*

-

-

-

-

-

-

- - - -

-

26,199.00

ADVISORS,LLC
- - - - - - -
TOTAL FOR TOTAL FOR

26,199.00
- - - - -

002822
- - -

- - - - - - - -

-

-

-

-

-

-

-

-

-

-

-

- - - - - - 27,940.46
27,940.46

BANK A
REGISTER

SKEN SOUTH KENDALL	TCESSNA