Holly Hill Road East Community Development District

Agenda

February 11, 2025

Holly Hill Road East
Community Development District
Meeting Agenda
Tuesday	Lake Alfred Public Library
February 11, 2025	245 N. Seminole Ave
11:00 a.m.	Lake Alfred, FL 33850

Zoom	Video	Link:	https://us06web.zoom.us/j/81664804962

Zoom Call-In Information: 1-646-876-9923
Meeting ID: 816 6480 4962

Board of Supervisors Meeting
Roll Call
Organizational Matters
Review of Letter(s) of Interest/Resume(s) for Vacancies in Seat 5
Appointment of Individuals to Fulfill Seat 5
Administration of Oath of Office to Newly Elected Supervisor
Election of Officers
Consideration of Resolution 2025-06 Electing Officers
Approval of Minutes of the January 14, 2025 Board of Supervisors Meeting
Consideration of Non-Ad Valorem Agreement with Polk County Property Appraiser
Consideration of License Agreement with Citrus Reserve Association to Install Holiday Decorations
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

Section II

Section E
RESOLUTION 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Holly Hill Road East Community Development District (“District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Davenport, Florida; and
WHEREAS, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. The following persons are elected to the offices shown: Chairperson

Vice Chairperson Secretary Assistant Secretary Assistant Secretary Assistant Secretary

SECTION 2. This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 11th day of February 2025.

ATTEST:

	 Secretary/Assistant Secretary	HOLLY HILL ROAD EAST COMMUNITY DEVELOPMENT DISTRICT

Chairperson/Vice Chairperson, Board of Supervisors	

Minutes
MINUTES OF MEETING HOLLY HILL ROAD EAST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Holly Hill Road East Community Development District was held on Tuesday, January 14, 2025, at 11:00 a.m. at the Lake Alfred Public Library, 245 N. Seminole Ave, Lake Alfred, Florida and via Zoom.

Present and constituting a quorum were:
Adam Morgan	Chairman
Rob Bonin	Vice Chairman
Courtney Taylor	Assistant Secretary
Hanson Wong	Appointed as Assistant Secretary Also, present were:
Tricia Adams	District Manager, GMS
Grace Rinaldi	District Counsel, Kilinski Van Wyk
Chace Arrington by Zoom	District Engineer
Marshall Tindall	Field Services Manager, GMS

The following is a summary of the discussions and actions taken at the January 14, 2025 Holly Hill Road East Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 11:03 a.m. Three Board members were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Organizational Matters
Review of Letter(s) of Interest/Resumes(s) for Vacancies in Seats 2 & 5
Ms. Adams stated two Board seats are vacant and seat 2 will be addressed today.

Appointment of Individuals to Fulfill Seats 2 & 5
Mr. Morgan nominated Hanson Wong to seat 2.
January 14, 2025	Holly Hill Road East

Administration of Oath of Office to Newly Elected Supervisor
Ms. Adams administered the Oath of Office to Hanson Wong. Ms. Rinaldi reviewed the Sunshine Law, Public Records Law and Ethics Law with Mr. Wong.

Election of Officers
Consideration of Resolution 2025-05 Electing Officers
Ms. Adams noted Adam Morgan is Chairman, Rob Bonin is Vice Chairman with the remaining Board members serving as Assistant Secretaries as well as members of the District management team serving as Secretary, Assistant Secretary, Treasurer and Assistant Treasurer. The Board can motion to keep the same slate of officers appointing Mr. Wong as an Assistant Secretary unless the Board desires to do something different.

THIRD ORDER OF BUSINESS	Approval of Minutes of the November 12,
2024 Landowners’ Meeting and Board of Supervisors Meeting
Ms. Adams presented the minutes from the November 12, 2024 Landowners’ meeting as well as the Board of Supervisors meeting. A draft of the minutes has been reviewed by District management staff and District Counsel. She asked for a motion to approve as presented.

FOURTH ORDER OF BUSINESS	Presentation of Arbitrage Reports
Ms. Adams noted two arbitrage reports are included in the agenda packet. These arbitrage reports are related to the tax-exempt bond issue. The IRS requires that the District is not earning
January 14, 2025	Holly Hill Road East

more interest than what they are paying on the bonds. This is for the Series 2017 bond and series 2018 bond. There is no arbitrage issue.

FIFTH ORDER OF BUSINESS	Consideration of Data Sharing and Usage
Agreement with Polk County Property Appraiser
Ms. Adams stated this agreement says any records that are exempt from disclosure from the property appraiser’s office, the District will hold those same records exempt.

SIXTH ORDER OF BUSINESS	Consideration of License Agreement with
Citrus Reserve Association for Back-to- School Event
Ms. Adams stated this request is for a one-time event but the date hasn’t been set yet. If the Board wants to approve a license agreement, the details can be worked through. The Association will review all of the terms of the agreement.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Rinaldi had nothing to report but offered to take questions.

Engineer
Mr. Arrington had nothing to report but offered to take questions.
January 14, 2025	Holly Hill Road East

Field Manager’s Report
Mr. Tindall presented the Field Managers Report on page 69 of the agenda package.

District Manager’s Report
Approval of Check Register
Ms. Adams presented the check register from October 1st through January 8th totaling
$66,618.57 for review. Immediately following the register is a detailed run summary. She asked for a motion to approve as presented.

Balance Sheet & Income Statement
Ms. Adams reviewed the unaudited financials through the end of November on page 84 of the agenda package.

EIGHTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

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

TENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV
CONTRACT AGREEMENT
This Agreement made and entered into on Monday, January 13, 2025 by and between the Holly Hill Road East Community Development District, a local unit of special purpose government of the State of Florida hereinafter referred to as the 'Special District', and Neil Combee, Polk County Property Appraiser, a Constitutional Officer of the State of Florida, whose address is 255 North Wilson Ave., Bartow, FL 33830, hereinafter referred to as the 'Property Appraiser'.
Section 197.3632 Florida Statutes, provides that special assessments of non-ad valorem taxes levied by the Special District may be included in the assessment rolls of the County and collected in conjunction with ad valorem taxes as assessed by the Property Appraiser. Pursuant to that option, the Property Appraiser and the Special District shall enter into an agreement providing for reimbursement to the Property Appraiser of administrative costs, including costs of inception and maintenance, incurred as a result of such inclusion.
The parties herein agree that, for the 2025 tax year assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to her by the Holly Hill Road East Community Development District.
The term of this Agreement shall commence on January 1, 2025 or the date signed below, whichever is later, and shall run until December 31, 2025, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew.
The Special District shall meet all relevant requirements of Section 197.3632 & 190.021 Florida Statutes.
The Special District shall furnish the Property Appraiser with up-to-date data concerning its boundaries and proposed assessments, and other information as requested by the Property Appraiser to facilitate in administering the non-ad valorem assessment in question. Specifically, if assessments will be included on the 2025 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 11, 2025. The Special District’s assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.
The Special District shall certify to the Property Appraiser the Special District’s annual installment and levy no later than Monday, September 15, 2025. The Property Appraiser shall, using the information provided by the Special District, place the Special District’s non ad-valorem special assessments on properties within the district for inclusion on the 2025 tax roll.
The Property Appraiser shall be compensated by the Special District for the administrative costs incurred in carrying out this Agreement at the rate of 1% of the amount levied on the TRIM Notice or if the TRIM Notice is not used, the rate shall be 1% of the amount levied on the 2025 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Monday, September 15, 2025 for processing within the Property Appraiser budget year (October 1st – September 30th).
If the actual costs of performing the services under this agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under this agreement.
If tax roll corrections are requested by the Special District, the Property Appraiser shall be compensated by the Special District for the administrative costs incurred at the rate of $5.00 for each tax roll correction exceeding ten (10) corrections per tax
year.
The Special District shall indemnify and hold harmless, to the extent permitted by Florida law and without waiving its right of any applicable sovereign immunity, the Property Appraiser and all respective officers, employees, agents and instrumentalities from any and all liability, losses or damages, including attorneys' fees and costs of defense, which the Property Appraiser and all respective officers, employees, agents or instrumentalities may incur as a result of claims, demands, suits, causes of actions or proceedings of any kind or nature arising out of, relating to or resulting from the negligent or intentional acts or omissions of the Special District or its employees, agents, servants, partners, principals, or subcontractors arising out of, relating to, or resulting from the performance of the Agreement. The Special District shall pay all claims and losses in connection therewith and shall investigate and defend all claims, suits or actions of any kind or nature in the name of the Property Appraiser where applicable, including appellate proceedings, and shall pay all costs, judgments, and attorneys' fees which may issue thereon.

EXECUTED By:

Special District Representative
Neil Combee
Polk County Property Appraiser By:

Print name

Title	Date

Neil Combee, Property Appraiser

Section VI

Section C

Holly Hill Road East CDD Field Management Report | GMS 2025

Amenity maintenance is satisfactory.
Aluminum perimeter fence sustained minor vandalism where kids are assumed to be bending pickets. Fence received minor repairs as needed.

Holly Hill Road East CDD Field Management Report | GMS 2025

Overall maintenance satisfactory.
Mowing schedule set to increase next month as we move out of winter.
Seasonal trimming of Crepe myrtles completed.

Holly Hill Road East CDD Field Management Report | GMS 2025

Section D

Section 1

Summary of Check Register

January 9, 2025 to January 31, 2025

General Fund					
	1/13/25	171-175	$	23,916.03	
	1/17/25	176-179	$	72,368.42	
	1/28/25	180-182	$	10,241.68	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/05/25	PAGE	1
*** CHECK DATES 01/09/2025 - 01/31/2025 ***	HOLLY HILL ROAD E-GENERAL FUND
BANK C GENERAL FUND #4340
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/13/25 00041 12/30/24 13948	202412 330-53800-48600	*	1,240.00
CLEANING SRVC-DEC 2024
CLEAN STAR SERVICES OF CENTRAL FL	1,240.00 000171
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
224	202411 330-53800-48800	*	433.00
AMENITY REPAIR & MAINT
224	202411 320-53800-46000	*	300.00
GENERAL REPAIR & MAINT
225	202501 310-51300-34000	*	3,750.00
MANAGEMENT FEES- JAN2025
225	202501 310-51300-35200	*	105.00
WEBSITE ADMIN- JAN2025
225	202501 310-51300-35100	*	157.50
INFO TECHNOLOGY- JAN2025
225	202501 310-51300-31300	*	600.00
DISSEM. AGENT SRVC- JAN25
225	202501 330-57200-12000	*	525.00
AMENITY ACCESS- JAN2025
1/01/25 225	202501 310-51300-51000	*	.09
OFFICE SUPPLIES- JAN2025
1/01/25 225	202501 310-51300-42000	*	11.07
POSTAGE- JAN2025
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,881.66 000172
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/13/25 00025 12/23/24 15763	202412 320-53800-47300	*	249.38
IRRIGATION REPAIR- DEC24
1/01/25 15879	202501 330-53800-48200	*	1,549.00
AMENITY MAINT- JAN 2025
1/01/25 15879	202501 320-53800-46200	*	11,082.75
LANDSCAPE MAINT-JAN 2025
PRINCE & SONS INC.	12,881.13 000173
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/13/25 00050	1/01/25 25894	202501 330-53800-48100	*	1,975.00
CONTRACT POOL SRVC- JAN25
RESORT POOL SERVICES	1,975.00 000174
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/13/25 00068 12/31/24 12004482 202412 330-53800-12200	*	1,938.24
SECURITY SRVCS- DEC 2024
SECURITAS SECURITY SERVICES USA	1,938.24 000175
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00049 11/12/24 AM111220 202411 310-51300-11000	*	200.00
SUPERVISOR FEES- 11/12/24
ADAM MORGAN	200.00 000176
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00081	1/15/25 49	202501 310-51300-42000	*	212.96
REIMBURSE OF POSTAGE EXP
POLK COUNTY TAX COLLECTOR	212.96 000177
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HHRD HOLLY HILL CDD CWRIGHT
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/05/25	PAGE	2
*** CHECK DATES 01/09/2025 - 01/31/2025 ***	HOLLY HILL ROAD E-GENERAL FUND
BANK C GENERAL FUND #4340
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/17/25 00029	1/17/25 01172025 202501 300-20700-10000	*	507.03
ASSESS TRNSFR- S2017
1/17/25 01172025 202501 300-20700-10000	*	273.55
ASSESS TRNSFR- S2018
1/17/25 01172025 202501 300-20700-10000	*	526.10
ASSESS TRNSFR- S2020A3
1/17/25 01172025 202501 300-20700-10000	*	422.44
ASSESS TRNSFR- S2020A4
HOLLY HILL ROAD EAST C/O USBANK	1,729.12 000178
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00029	1/17/25 01172025 202501 300-20700-10000	*	20,592.34
ASSESS TRNSFR- S2017
1/17/25 01172025 202501 300-20700-10000	*	11,109.84
ASSESS TRNSFR- S2018
1/17/25 01172025 202501 300-20700-10000	*	21,367.08
ASSESS TRNSFR- S2020A3
1/17/25 01172025 202501 300-20700-10000	*	17,157.08
ASSESS TRNSFR- S2020A4
HOLLY HILL ROAD EAST C/O USBANK	70,226.34 000179
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/28/25 00001	1/01/25 226	202501 320-53800-12000	*	1,666.67
FIELD MANAGEMENT- JAN25
1/01/25 226	202501 310-51300-42500	*	23.00
COPIES 11.17.24
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,689.67 000180
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/28/25 00058	1/15/25 11140	202412 310-51300-31500	*	794.00
GEN COUNSEL MTG- DEC24
KILINSKI VAN WYK	PLLC	794.00 000181
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/28/25 00031 12/24/24 7588161	202412 310-51300-32300	*	3,097.82
TRUSTEE FEES S17 FY25
12/24/24 7588161	202412 300-15500-10000	*	619.56
TRUSTEE FEES S17 FY26
12/24/24 7589257	202412 310-51300-32300	*	3,367.19
TRUSTEE FEES S18 FY25
12/24/24 7589257	202412 300-15500-10000	*	673.44
TRUSTEE FEES S18 FY26
US BANK	7,758.01 000182
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK C	106,526.13
TOTAL FOR REGISTER	106,526.13 HHRD HOLLY HILL CDD CWRIGHT

Section 2

Holly Hill Road East
Community Development District

Unaudited Financial Reporting
December 31, 2024

Table of Contents

1		Balance Sheet	

2-3	
	General Fund 	

4	
	Series 2017 Debt Service Fund	

5	
	Series 2018 Debt Service Fund	

6	
	Series 2020A3 Debt Service Fund	

7	
	Series 2020A4 Debt Service Fund	

8	
	Combined Capital Project Funds	

9	
	Capital Reserve Fund	

10-11	
	Month to Month	

12-13	
	Long Term Debt Report	

14	
	Assessment Receipt Schedule	
Holly Hill Road East
Community Development District Combined Balance Sheet December 31, 2024

Series 2020 A3
Holly Hill Road East
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:					
Assessments - Tax Roll	$	565,628	$	551,885	$	551,885	$	-	
Inta-Governmental Revenue	$	92,509	$	-	$	-	$	-	
Other Income	$	-	$	-	$	90	$	90	
Total Revenues	$	658,137	$	551,885	$	551,975	$	90	

Expenditures:					
General & Administrative
Supervisor Fees	

$	12,000	

$	3,000	

$	1,200	

$	1,800	
Engineering Fees	$	10,000	$	2,500	$	-	$	2,500	
Legal Services	$	25,000	$	6,250	$	6,249	$	1	
Arbitrage	$	1,800	$	900	$	900	$	-	
Dissemination	$	7,200	$	1,800	$	1,800	$	-	
Assessment Administration	$	5,565	$	5,565	$	5,565	$	-	
Annual Audit	$	4,100	$	-	$	-	$	-	
Trustee Fees	$	15,839	$	10,788	$	10,788	$	-	
Management Fees	$	45,000	$	11,250	$	11,250	$	-	
Information Technology	$	1,890	$	473	$	473	$	-	
Website Maintenance	$	1,260	$	315	$	315	$	-	
Telephone	$	100	$	25	$	-	$	25	
Postage & Delivery	$	750	$	188	$	287	$	(99)	
Copies	$	1,000	$	250	$	4	$	246	
Office Supplies	$	200	$	50	$	1	$	49	
Insurance	$	7,127	$	7,127	$	6,631	$	496	
Legal Advertising	$	2,500	$	625	$	959	$	(334)	
Contingency	$	1,200	$	300	$	318	$	(18)	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	142,706	$	51,580	$	46,915	$	4,665	
Holly Hill Road East
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Operations & Maintenance					
Field Expenditures
Field Management	

$	20,000	

$	5,000	

$	5,000	

$	(0)	
Electric	$	10,000	$	2,500	$	1,921	$	579	
Streetlighting	$	46,200	$	11,550	$	9,578	$	1,972	
Property Insurance	$	9,327	$	9,327	$	5,773	$	3,554	
Landscape Maintenance	$	142,593	$	35,648	$	33,248	$	2,400	
Landscape Replacement & Enhancements	$	22,000	$	5,500	$	-	$	5,500	
Irrigation Repairs	$	7,500	$	1,875	$	1,052	$	823	
Sidewalk Repairs & Maintenance	$	5,000	$	1,250	$	-	$	1,250	
General Repairs & Maintenance	$	17,500	$	4,375	$	5,560	$	(1,185)	
Contingency	$	10,000	$	2,500	$	-	$	2,500	
Subtotal Field Expenditures	$	290,120	$	79,525	$	62,132	$	17,393	

Amenity Expenditures
Property Insurance	

$	17,864	

$	17,864	

$	14,134	

$	3,730	
Amenity Landscaping	$	18,588	$	4,647	$	4,647	$	-	
Amenity Landscape Replacement	$	13,000	$	3,250	$	-	$	3,250	
Electric	$	23,760	$	5,940	$	4,711	$	1,229	
Water	$	680	$	170	$	165	$	5	
Internet	$	2,376	$	594	$	540	$	54	
Janitorial Services	$	16,900	$	4,225	$	3,807	$	419	
Pest Control	$	840	$	210	$	195	$	15	
Amenity Access Management	$	6,300	$	1,575	$	1,575	$	-	
Security Services	$	33,886	$	8,472	$	6,154	$	2,318	
Amenity Repairs & Maintenance	$	19,800	$	4,950	$	790	$	4,160	
Pool Maintenance	$	23,700	$	5,925	$	6,375	$	(450)	
Playground Lease	$	52,129	$	13,032	$	4,129	$	8,903	
Contingency	$	12,031	$	3,008	$	-	$	3,008	
Subtotal Amenity Expenditures	$	241,854	$	73,861	$	47,221	$	26,640	
					
Total Operations & Maintenance	$	531,974	$	153,386	$	109,354	$	44,032	
					
Total Expenditures	$	674,680	$	204,966	$	156,269	$	48,697	
					
Excess (Deficiency) of Revenues over Expenditures	$	(16,543)		$	395,706		

Other Financing Sources/(Uses):					
Transfer Out - Capital Reserve	$	(58,400)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(58,400)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(74,943)		$	395,706		
					
Fund Balance - Beginning	$	74,943		$	257,349		
					
Fund Balance - Ending	$	-		$	653,055		
Holly Hill Road East
Community Development District Debt Service Fund Series 2017
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:					
Assessments - Tax Roll	$	229,722	$	224,140	$	224,140	$	-	
Interest	$	6,501	$	1,625	$	2,786	$	1,160	
Total Revenues	$	236,223	$	225,765	$	226,925	$	1,160	

Expenditures:					
Interest - 11/1	$	76,016	$	76,016	$	76,016	$	-	
Principal - 5/1	$	75,000	$	-	$	-	$	-	
Interest - 5/1	$	76,016	$	-	$	-	$	-	
Total Expenditures	$	227,033	$	76,016	$	76,016	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	9,190		$	150,909		
					
Fund Balance - Beginning	$	157,351		$	273,428		
					
Fund Balance - Ending	$	166,542		$	424,337		
Holly Hill Road East
Community Development District Debt Service Fund Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:					
Assessments - Tax Roll	$	123,938	$	120,926	$	120,926	$	-	
Interest	$	3,489	$	872	$	1,495	$	623	
Total Revenues	$	127,427	$	121,799	$	122,422	$	623	

Expenditures:					
Interest - 11/1	$	42,719	$	42,719	$	42,719	$	-	
Principal - 5/1	$	35,000	$	-	$	-	$	-	
Interest - 5/1	$	42,719	$	-	$	-	$	-	
Total Expenditures	$	120,438	$	42,719	$	42,719	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	6,990		$	79,703		
					
Fund Balance - Beginning	$	84,472		$	147,376		
					
Fund Balance - Ending	$	91,462		$	227,079		
Holly Hill Road East
Community Development District Debt Service Fund Series 2020 A3
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:					
Assessments - Tax Roll	$	238,365	$	232,573	$	232,573	$	-	
Interest	$	6,166	$	727	$	2,907	$	2,180	
Total Revenues	$	244,532	$	233,299	$	235,480	$	2,180	

Expenditures:					
Interest - 11/1	$	85,000	$	85,000	$	85,000	$	-	
Principal - 11/1	$	65,000	$	65,000	$	65,000	$	-	
Interest - 5/1	$	83,700	$	-	$	-	$	-	
Total Expenditures	$	233,700	$	150,000	$	150,000	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	10,832		$	85,480		
					
Fund Balance - Beginning	$	184,378		$	307,572		
					
Fund Balance - Ending	$	195,210		$	393,052		
Holly Hill Road East
Community Development District Debt Service Fund Series 2020 A4
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:					
Assessments - Tax Roll	$	191,400	$	186,748	$	186,748	$	-	
Interest	$	4,519	$	1,130	$	1,865	$	735	
Total Revenues	$	195,918	$	187,878	$	188,613	$	735	

Expenditures:					
Interest - 11/1	$	61,200	$	61,200	$	61,200	$	-	
Principal - 5/1	$	70,000	$	-	$	-	$	-	
Interest - 5/1	$	61,200	$	-	$	-	$	-	
Total Expenditures	$	192,400	$	61,200	$	61,200	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	3,518		$	127,413		
					
Fund Balance - Beginning	$	88,897		$	186,440		
					
Fund Balance - Ending	$	92,416		$	313,853		
Holly Hill Road East
Community Development District Combined Capital Project Funds
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Series	Series	Series		
	2018	2020 A3	2020 A4	Total	
Revenues

Interest	

$	1	

$	246	

$	-	

$	246	
Total Revenues	$	1	$	246	$	-	$	246	

Expenditures:

Capital Outlay	

$	-	

$	-	

$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	1	$	246	$	-	$	246	
					
Net Change in Fund Balance	$	1	$	246	$	-	$	246	
					
Fund Balance - Beginning	$	56	$	21,933	$	0	$	21,989	
					
Fund Balance - Ending	$	56	$	22,179	$	0	$	22,235	
Holly Hill Road East
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2024

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/24	Thru 12/31/24	Variance	

Revenues:

Interest	

$	1,235	

$	1,235	

$	1,276	

$	40	
Total Revenues	$	1,235	$	1,235	$	1,276	$	40	

Expenditures:

Capital Outlay	

$	-	

$	-	

$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	1,235		$	1,276		

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	58,400	

$	-	

$	-	

$	-	
Total Other Financing Sources/(Uses)	$	58,400	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	59,635		$	1,276		
					
Fund Balance - Beginning	$	119,506		$	120,054		
					
Fund Balance - Ending	$	179,141		$	121,329		
Holly Hill Road East
Community Development District Month to Month

Revenues:

Assessments - Tax Roll
Inta-Governmental Revenue Other Income

$	-	$
$	-	$
$	-	$

13,372  $
-	$
90  $

538,513  $
-	$
-	$

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

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

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

-	$	551,885
-	$	-
-	$	90

Expenditures:					
General & Administrative:					
Supervisor Fees	$	-	$	1,200	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,200	
Engineering Fees	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Services	$	1,220	$	4,236	$	794	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,249	
Arbitrage	$	-	$	900	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	900	
Dissemination	$	600	$	600	$	600	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,800	
Assessment Administration	$	5,565	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,565	
Annual Audit	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Trustee Fees	$	4,323	$	-	$	6,465	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,788	
Management Fees	$	3,750	$	3,750	$	3,750	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	11,250	
Information Technology	$	158	$	158	$	158	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	473	
Website Maintenance	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	315	
Telephone	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Postage & Delivery	$	137	$	47	$	102	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	287	
Copies	$	-	$	-	$	4	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4	
Office Supplies	$	0	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1	
Insurance	$	6,631	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,631	
Legal Advertising	$	959	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	959	
Contingency	$	106	$	106	$	106	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	318	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	23,729	$	11,102	$	12,084	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	46,915	
Holly Hill Road East
Community Development District Month to Month

Operations & Maintenance

Field Expenditures Field Management Electric Streetlighting Property Insurance
Landscape Maintenance
Landscape Replacement & Enhancements Irrigation Repairs
Sidewalk Repairs & Maintenance General Repairs & Maintenance Contingency

$	1,667  $
$	695  $
$	4,183  $
$	5,773  $
$	11,083  $
$	-  $
$	621  $
$	-  $
$	3,482  $
$	-  $

1,667  $
627  $
2,203  $
-  $
11,083  $
-  $
83  $
-  $
2,078  $
-  $

1,667  $	-  $
599  $	-  $
3,193  $	-  $
-  $	-  $
11,083  $	-  $
-  $	-  $
348  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

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

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

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

-  $	5,000
-  $	1,921
-  $	9,578
-  $	5,773
-  $	33,248
-  $	-
-  $	1,052
-  $	-
-  $	5,560
-  $	-

Amenity Expenditures Property Insurance Amenity Landscaping
Amenity Landscape Replacement Electric
Water Internet
Janitorial Services Pest Control
Amenity Access Management Security Services
Amenity Repairs & Maintenance Pool Maintenance
Playground Lease Contingency

$	14,134  $
$	1,549  $
$	-  $
$	1,650  $
$	65  $
$	180  $
$	770  $
$	65  $
$	525  $
$	1,736  $
$	357  $
$	2,425  $
$	1,376  $
$	-  $

-  $
1,549  $
-  $
1,588  $
52  $
-  $
1,797  $
65  $
525  $
2,479  $
433  $
1,975  $
1,376  $
-  $

-  $	-  $
1,549  $	-  $
-  $	-  $
1,473  $	-  $
48  $	-  $
360  $	-  $
1,240  $	-  $
65  $	-  $
525  $	-  $
1,938  $	-  $
-  $	-  $
1,975  $	-  $
1,376  $	-  $
-  $	-  $

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

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

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

-  $	14,134
-  $	4,647
-  $	-
-  $	4,711
-  $	165
-  $	540
-  $	3,807
-  $	195
-  $	1,575
-  $	6,154
-  $	790
-  $	6,375
-  $	4,129
-  $	-

Holly Hill Road East
Community Development District Long Term Debt Report

Series 2017, Special Assessment Revenue Bonds			
Interest Rate:	3.5%, 4.1%, 4.625%, 5.0%		
Maturity Date:
Reserve Fund Definition Reserve Fund Requirement	5/1/48
50% of the Maximum Annual Debt service
$113,777		
Reserve Fund Balance	$113,777		
Bonds Outstanding 10/19/2017		$4,160,000	
Less: Special Call 6/18/18		($150,000)	
Less: Special Call 8/1/18		($420,000)	
Less: Special Call 11/1/18		($15,000)	
Less: Principal Payment 5/1/19		($60,000)	
Less: Principal Payment 5/1/20		($60,000)	
Less: Special Call 11/1/20		($5,000)	
Less: Principal Payment 5/1/21		($65,000)	
Less: Principal Payment 5/1/22		($65,000)	
Less: Principal Payment 5/1/23		($70,000)	
Less: Principal Payment 5/1/24		($70,000)	
Current Bonds Outstanding		$3,180,000	

Series 2018, Special Assessment Revenue Bonds		
Interest Rate:	4.25%, 5.0%, 5.25%	
Maturity Date:	5/1/48	
Reserve Fund Definition	50% of the Maximum Annual Debt Service	
Reserve Fund Requirement	$61,656	
Reserve Fund Balance	$61,656	
Bonds Outstanding 10/19/2018	$2,800,000	
Less: Special Call 8/1/19	($930,000)	
Less: Special Call 11/1/19	($35,000)	
Less: Principal Payment 5/1/20	($30,000)	
Less: Special Call 11/1/20	($5,000)	
Less: Principal Payment 5/1/21	($30,000)	
Less: Special Call 11/1/21	($5,000)	
Less: Principal Payment 5/1/22	($30,000)	
Less: Special Call 5/1/22	($5,000)	
Less: Special Call 11/1/22	($5,000)	
Less: Principal Payment 5/1/23	($35,000)	
Less: Principal Payment 5/1/24	($35,000)	
Current Bonds Outstanding	$1,655,000	
Holly Hill Road East
Community Development District Long Term Debt Report

Series 2020 Assessment Area 3, Special Assessment Revenue Bonds		
Interest Rate:	4.0%, 4.5% 5.0%, 5.0%	
Maturity Date:	11/1/50	
Reserve Fund Definition	50% of the Maximum Annual Debt Service	
Reserve Fund Requirement	$119,125	
Reserve Fund Balance	$120,494	
Bonds Outstanding 5/20/20	$3,660,000	
Less: Principal Payment 11/1/21	($60,000)	
Less: Principal Payment 11/1/22	($60,000)	
Less: Principal Payment 11/1/23	($65,000)	
Less: Principal Payment 11/1/24	($65,000)	
Current Bonds Outstanding	$3,410,000	

Series 2020 Assessment Area 4, Special Assessment Revenue Bonds		
Interest Rate:	3.0%, 3.5%, 4.0%, 4.0%	
Maturity Date:	5/1/51	
Reserve Fund Definition	50% of the Maximum Annual Debt Service	
Reserve Fund Requirement	$95,700	
Reserve Fund Balance	$95,700	
Bonds Outstanding 7/22/20	$3,325,000	
Less: Principal Payment 5/1/22	($60,000)	
Less: Principal Payment 5/1/23	($65,000)	
Less: Principal Payment 5/1/24	($65,000)	
Current Bonds Outstanding	$3,135,000	
Holly Hill Road East CDD
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS

Gross Assessments	$	608,205.44	$	247,013.40	$	133,267.00	$	256,306.96	$	205,806.28	$	1,450,599.08	
Net Assessments	$	565,631.06	$	229,722.46	$	123,938.31	$	238,365.47	$	191,399.84	$	1,349,057.14	

41.93%	17.03%	9.19%	17.67%	14.19%	100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
General Fund	
2017 Debt Service	
2018 Debt Service	
2020 A3 Debt Service	
2020 A4 Debt Service	
Total	

11/13/24	
10/21/24	
$4,546.44	
($238.71)	
($86.15)	
$0.00	
$4,221.58	
$1,770.02	
$718.87	
$387.84	
$745.91	
$598.94	
$4,221.58	
11/15/24	10/01-10/31/24	$2,179.33	($87.17)	($41.84)	$0.00	$2,050.32	$859.66	$349.14	$188.36	$362.27	$290.89	$2,050.32	
11/19/24	11/01-11/07/24	$16,609.28	($664.44)	($318.90)	$0.00	$15,625.94	$6,551.63	$2,660.84	$1,435.56	$2,760.95	$2,216.96	$15,625.94	
11/26/24	11/08-11/15/24	$26,042.07	($1,041.68)	($500.01)	$0.00	$24,500.38	$10,272.49	$4,172.02	$2,250.86	$4,328.98	$3,476.03	$24,500.38	
11/30/24	1% ADJ	($14,505.99)	$0.00	$0.00	$0.00	($14,505.99)	($6,082.06)	($2,470.13)	($1,332.67)	($2,563.07)	($2,058.06)	($14,505.99)	
12/06/24	11/16-11/26/24	$94,640.08	($3,785.69)	($1,817.09)	$0.00	$89,037.30	$37,331.45	$15,161.60	$8,179.89	$15,732.04	$12,632.32	$89,037.30	
12/20/24	11/27-11/30/24	$1,262,462.17	($50,498.11)	($24,239.28)	$0.00	$1,187,724.78	$497,987.82	$202,250.19	$109,116.65	$209,859.59	$168,510.53	$1,187,724.78	
12/27/24	12/1-12/15/24	$8,060.01	($286.61)	($155.47)	$0.00	$7,617.93	$3,194.04	$1,297.21	$699.86	$1,346.02	$1,080.81	$7,617.94	
	TOTAL	$	1,400,033.39	$	(56,602.41)	$	(27,158.74)	$	-	$	1,316,272.24	$  551,885.05	$	224,139.74	$	120,926.35	$	232,572.69	$	186,748.42	$	1,316,272.25