Del Webb Bexley

Community Development District

Financial Statements
(Unaudited)

December 31, 2017

Prepared by: Rizzetta & Company, Inc.

Wesley Chapel Office
5844 Old Pasco Rd Ste 100
Wesley Chapel, FL 33544
813.994.1001

rizzetta.com

Professionals in Community Management

Del Webb Bexley Community Development District

Balance Sheet

As of 12/31/2017

(In Whole Numbers)

			Total		
			Governmental		
	General Fund		Funds		
Assets					
					
Cash In Bank	941	941		
Accounts Receivable	10,000	10,000		
Fixed Assets	0		0		
Total Assets	10,941	10,941		
Liabilities					
					
Accounts Payable	5,135		5,135		
Total Liabilities	5,135	5,135		
Fund Equity & Other Credits					
Beginning Fund Balance	0	0		
Net Change in Fund Balance	5,806		5,806		
Total Fund Equity & Other Credits	5,806		5,806		
Total Liabilities & Fund Equity	10,941	10,941		

See Notes to Unaudited Financial Statements

Del Webb Bexley Community Development District

Statement of Revenues and Expenditures

001 - General Fund

From 10/1/2017 Through 12/31/2017

(In Whole Numbers)

									Percent Annual		
	Annual Budget		YTD Budget		YTD Actual		YTD Variance	Budget Remaining		
Revenues											
											
Contributions & Donations From											
Private Sources											
Developer Contributions	250,000		250,000		20,000		(230,000)	92.00%		
											
Total Revenues	250,000		250,000		20,000		(230,000)	92.00%		
Expenditures											
Financial & Administrative											
Administrative Services	4,500	1,125	600	525		86.66%		
District Management	20,100	5,025	3,350	1,675		83.33%		
District Engineer	7,500	1,875	2,358	(483)	68.56%		
Disclosure Report	1,000	250	0	250		100.00%		
Trustees Fees	5,000	1,250	0	1,250		100.00%		
Financial & Revenue Collections	3,600	900	600	300		83.33%		
Assessment Roll	5,000	1,250	0	1,250		100.00%		
Accounting Services	18,000	4,500	2,000	2,500		88.88%		
Auditing Services	4,500	1,125	0	1,125		100.00%		
Arbitrage Rebate Calculation	750	188	0	188		100.00%		
Public Officials Liability Insurance	5,000	1,250	0	1,250		100.00%		
Legal Advertising	5,000	1,250	1,020	230		79.60%		
Bank Fees	150	38	0	38		100.00%		
Dues, Licenses & Fees	100	25	0	25		100.00%		
Miscellaneous Fees	10,000	2,500	0	2,500		100.00%		
Website Hosting, Maintenance,	3,000	750	0	750		100.00%		
Backup											
Legal Counsel											
District Counsel	20,000	5,000	4,267	733		78.66%		
Stormwater Control											
Lake/Pond Bank Maintenance	5,000	1,250	0	1,250		100.00%		
Other Physical Environment											
General Liability Insurance	6,000	1,500	0	1,500		100.00%		
Property & Casualty Insurance	6,000	1,500	0	1,500		100.00%		
Landscape Maintenance	50,000	12,500	0	12,500		100.00%		
Contingency											
Miscellaneous Contingency	69,800		17,450		0		17,450		100.00%		
Total Expenditures	250,000		62,500		14,194		48,306		94.32%		
Excess Revenues Over/(Under)	0	187,500	5,806	(181,694)	0.00%		
Expenditures											
											
Fund Balance, End of Period	0	187,500	5,806	(181,694)	0.00%		

See Notes to Unaudited Financial Statements

			Del Webb Bexley Community Development District	
			Summary A/R Ledger			
			From 12/1/2017 Through 12/31/2017			
Invoice Date		Customer Name			Invoice Number	Current Balance	
								
12/19/2017		NNP Bexley, LLC			DF1217-1		10,000.00	
Report Balance						10,000.00	

See Notes to Unaudited Financial Statements

		Del Webb Bexley Community Development District	
				Aged Payables by Invoice Date			
				Aging Date - 12/1/2017			
				001 - General Fund			
				From 12/1/2017 Through 12/31/2017			
Vendor Name		Invoice Date	Invoice Number		Invoice Description		Current Balance	
									
Clearview Land	12/15/2017	17-12191		Engineering	2,357.50	
Design, P.L.						Services 12/17			
Hopping Green & Sams	12/15/2017	97504		Legal Services	1,854.50	
					12/17			
Times Publishing	12/22/2017	573829 12/22/17		173402 Legal	107.20	
Company						Advertising 12/17			
Times Publishing	12/26/2017	567488 12/26/17		173402 Legal	493.60	
Company						Advertising 12/17			
Times Publishing	12/27/2017	567491 12/27/17		173402 Legal	150.40	
Company						Advertising 12/17			
Times Publishing	12/30/2017	576810 12/30/17		173402 Legal	172.00	
Company						Advertising 12/17			
									
						Total 001 - General	5,135.20	
						Fund			
									
Report Total							5,135.20	

Del Webb Bexley Community Development District

Notes to Unaudited Financial Statements
December 31, 2017

Balance Sheet and Statement of Revenue and Expenditures

1.	This statement is unaudited.

Summary A/R Ledger – Subsequent Collections

2.	General Service Fund – Payment for Invoice #DF1217-1 in the amount of $10,000.00 was received in January 2018.