Tapestry Community Development District

Agenda March 25, 2025

Agenda

Tapestry
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
March 17, 2025

Board of Supervisors Tapestry Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of Tapestry Community Development District will be held Tuesday, March 25, 2025 at 9:15 AM at the Hart Memorial Central Library, 211 E. Dakin Avenue, Room 120, Kissimmee, Florida.

Zoom Information for Members of the Public: Link: https://us06web.zoom.us/j/87844381310 Dial In Number: 305-224-1968
Webinar ID: 878 4438 1310

Following is the advance agenda for the meetings:

Audit Committee Meeting
Roll Coll
Public Comment Period
Approval of Minutes of the June 24, 2025 Meeting
Tally of Audit Committee Member Rankings and Selection of an Auditor
DiBartolomeo, McBee, Hartley & Barnes, P.A.
Grau & Associates
Adjournment
Board of Supervisors Meeting
Roll Call
Public Comment Period
Organizational Matters
Appointment of Individual(s) to Fulfill Vacancy in GE Seats #3, #4 & #5
Administration of Oath(s) of Office to Newly Appointed Supervisor(s)
Election of Officers
Consideration of Resolution 2025-01 Electing Officers
Approval of Minutes of the June 24, 2024 Meeting
Acceptance of Audit Committee Recommendation and Selection of #1 Ranked Firm to Provide Auditing Services for the Fiscal Year 2024
Consideration of Resolution 2025-02 Approving the Proposed Fiscal Year 2026 Budget and Relating to the Annual Appropriations
Staff Reports
Attorney
Engineer
Consideration of Hourly Rate Increase Request

District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Field Manager’s Report
Supervisor’s Requests
General Audience Comments
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

Tricia L. Adams
Tricia L. Adams District Manager

CC:	Lindsay Whelan, District Counsel Mark Vincuntonis, District Engineer Darrin Mossing, GMS

Enclosures

Audit Committee Meeting

Minutes

MINUTES OF MEETING TAPESTRY
COMMUNITY DEVELOPMENT DISTRICT

The audit committee meeting of the Tapestry Community Development District was held Wednesday, June 26, 2024 at 12:35 p.m. in the Hart Memorial Central Library, 211 E. Dakin Avenue, Room 120, Kissimmee, Florida.

Present and were:

Robert Price Raymond Sanchez Anderson Moran Duane Owen
Tom Franklin Tricia Adams Lindsay Whelan Bennett Davenport Jarett Wright

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the audit committee meeting to order and called the roll.

SECOND ORDER OF BUSINES	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Audit Services
Approval of Request for Proposals and Selection Criteria
Ms. Adams stated included in the agenda package are the notice of request for proposals and selection criteria.
Approval of Notice of Request for Proposals for Audit Services
Public Announcement of Opportunity to Provide Audit Services

On MOTION by Mr. Price seconded by Mr. Sanchez with all in favor the notice of the request for proposals for audit services and the selection criteria was approved.

FOURTH ORDER OF BUSINESS	Adjournment

June 26, 2024	Tapestry CDD

On MOTON by Mr. Moran seconded by Mr. Sanchez with all in favor the Audit Committee meeting adjourned at 12: 09 p.m.

Attest	Chairman

2

Section IV

Tapestry CDD Auditor Selection	
	Ability of Personnel (20 pts)	Proposer's Experience (20 pts)	Understading of Scope of Work (20 pts)	Ability to Furnish the Required Services (20 pts)	
Price (20 pts)	Total Points Earned	Ranking
(1 being highest)	
					
FY2024 - $3,450			
					FY2025 - $3,560			
					FY2026 - $3,700			
DiBartolomeo, McBee, Hartley &					FY2027 - $3,850			
Barnes, P.A.					FY2028 - $4,000			

Grau & Associates					
FY2024 - $3,600 FY2025 - $3,700 FY2026 - $3,800 FY2027 - $3,900 FY2028 - $4,000			

Section A

Tapestry Community Development District

Proposer

DiBartolomeo, McBee, Hartley & Barnes, P.A. Certified Public Accountants
2222 Colonial Road, Suite 200 Fort Pierce, Florida 34950 (772) 461-8833
591 SE Port St. Lucie Boulevard Port Saint Lucie, Florida 34984 (772) 878-1952
Contact:

Jim Hartley, CPA Principal

TABLE OF CONTENTS

Letter of Transmittal Professional Qualifications
Professional Staff Resources	1-2
Current and Near Future Workload	2
Identification of Audit Team	2
Resumes	3-6
Governmental Audit Experience	7
Additional Data
Procedures for Ensuring Quality Control & Confidentiality	8
Independence	8-9
Computer Auditing Capabilities	10
Contracts of Similar Nature	11
Technical Approach
Agreement to Meet or Exceed the Performance Specifications	12
Tentative Audit Schedule	13
Description of Audit Approach	14-16
Proposed Audit Fee	17

DMHB	DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS	

Tapestry
Community Development District Audit Selection Committee

Dear Committee Members:

We are pleased to have this opportunity to present the qualifications of DiBartolomeo, McBee, Hartley & Barnes, P.A. (DMHB) to serve as Tapestry Community Development District’s independent auditors. The audit is a significant engagement demanding various professional resources, governmental knowledge and expertise, and, most importantly, experience serving Florida local governments. DMHB understands the services required and is committed to performing these services within the required time frame. We have the staff available to complete this engagement in a timely fashion. We audit several entities across the State making it feasible to schedule and provide services at the required locations.
Proven Track Record— Our clients know our people and the quality of our work. We have always been responsive, met deadlines, and been willing to go the extra mile with the objective of providing significant value to mitigate the cost of the audit. This proven track record of successfully working together to serve governmental clients will enhance the quality of services we provide.
Experience—DMHB has a history of providing quality professional services to an impressive list of public sector clients in Florida. We currently serve a large number of public sector entities in Florida, including cities, villages, special districts, as well as a large number of community development districts. Our firm has performed in excess of 100 community development district audits. In addition, our senior management team members have between 25 and 35 years experience in serving Florida governments. DMHB is a recognized leader in providing services to governmental and non-profit agencies within the State of Florida. Through our experience in performing audits, we have been able to increase our audit efficiency and therefore reduce cost. We have continually passed this cost saving on to our clients and will continue to do so in the future. As a result of our experience and expertise, we have developed an effective and efficient audit approach designed to meet or exceed the performance specifications in accordance with audit 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 with minimal disruption to your operations. Our firm has frequent technical updates to keep our personnel informed and up to date on all changes that are occurring within the industry.

2222 Colonial Road, Suite 200• Fort Pierce, Florida 34950•772-461-8833 • Fax: 772-461-8872 591 S.E. Port St. Lucie Blvd., •Port St. Lucie, Florida 34984•772-878-1952•Fax: 772-878-1709
Member AICPA	Member AICPA Division for CPA Firms	Member AICPA Private Company Practice Section
WWW.DMHBCPA.NET

Timeliness – In order to meet the Districts needs, we will perform interim internal control testing by January 31st from unaudited preliminary general ledgers provided. The remaining testing will be completed no later than May 1st. We will also review all minutes and subsequent needs related to the review of the minutes by January 31st. Follow up review will be completed as necessary.

Communication and Knowledge Sharing— Another driving force behind our service approach is frequent, candid and open communication with management with no surprises. During the course of the audit, we will communicate with management on a regular basis to provide you with a status report on the audit and to discuss any issues that arise, potential management letter comments, or potential audit differences.
In the accompanying proposal, you will find additional information upon which you can evaluate DMHB’s qualifications. Our full team is in place and waiting to serve you. Please contact us at 2222 Colonial Road, Suite 200 Fort Pierce, FL 34950. Our phone number is (772) 461-8833. We look forward to further discussion on how our team can work together with you.

Very truly yours,

DiBartolomeo, McBee, Hartley & Barnes, P.A.

PROFESSIONAL QUALIFICATIONS
DiBartolomeo, McBee, Hartley & Barnes, P.A. is a local public accounting firm with offices in the cities of Fort Pierce and Port St. Lucie. The firm was formed in 1982.

Professional Staff Resources
Our services will be delivered through personnel in both our Port St. Lucie and Ft. Pierce offices, located at 591 S.E. Port St. Lucie Blvd., Port St. Lucie, FL 34984 and 2222 Colonial Road, Suite 200, Fort Pierce, Florida 34950, respectively. DMHB has a total of 19 professional staff including 9 with extensive experience serving governmental entities.

Professional Staff	Number of	
Classification	Professionals	
Partner	4	
Managers	2	
Senior	2	
Staff	11	
	19	

DiBartolomeo, McBee, Hartley & Barnes provides a variety of accounting, auditing, tax litigation support, estate planning, and consulting services. Some of the governmental, non-profit accounting, auditing and advisory services currently provided to clients include:

Annual financial and compliance audits including Single Audits of State and Federal financial assistance programs under the OMB A-133 audit criteria

Issuance of Comfort Letters, consent letters, and parity certificates in conjunction with the issuance of tax-exempt debt obligations, including compiling financial data and interim period financial statement reviews

Assisting in compiling historical financial data for first-time and subsequent submissions for the GFOA Certificate of Achievement for Excellence in Financial Reporting

1

PROFESSIONAL QUALIFICATIONS (CONTINUED)

Professional Staff Resources (Continued)

Audits of franchise fees received from outside franchisees

Preparation of annual reports to the State Department of Banking and Finance

Audits of Internal Controls – Governmental Special Project

Assistance with Implementation of current GASB pronouncements

Current and Near Future Workload
In order to better serve and provide timely and informative financial data, we have comprised an experienced audit team. Our present and future workloads will permit the proposed audit team to perform these audits within the time schedule required and meet all deadlines.

Identification of Audit Team

The team is composed of people who are experienced, professional, and creative. They fully understand your business and will provide you with reliable opinions. In addition, they will make a point to maintain ongoing dialogue with each other and management about the status of our services.
The auditing firm you select is only as good as the people who serve you. We are extremely proud of the outstanding team we have assembled for your engagement. Our team brings many years of relevant experience coupled with the technical skill, knowledge, authority, dedication, and most of all, the commitment you need to meet your government reporting obligations and the challenges that will result from the changing accounting standards.

A flow chart of the audit team and brief resumes detailing individual team members’ experience in each of the relevant areas follow.
Jim Hartley, CPA – Engagement Partner (resume attached) Will assist in the field as main contact
Jay McBee, CPA – Technical Reviewer (resume attached) Theresa Goldstein - Senior (resume attached)
Christine Kenny, CPA – Senior (resume attached)

2

Jim Hartley
Partner – DiBartolomeo, McBee, Hartley & Barnes
Experience and Training

Jim has over 35 years of public accounting experience and would serve as the engagement partner. His experience and training include:
35 years of non-profit and governmental experience.
Specializing in serving entities ranging from Government to Associations and Special District audits.
Has performed audits and advisory services for a variety of public sector entities.
Has extensive experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines.
Experienced in maintaining the GFOA Certificate of Achievement.
120 hours of CPE credits over the past 3 years.
Recent Engagements

Has provided audit services on governmental entities including towns, villages, cities, counties, special districts and community development districts. Jim has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Jim currently provides internal audit and consulting services to governmental entities and non-profit agencies to assist in implementing and maintaining “best practice” accounting policies and procedures. Jim provides auditing services to the Fort Pierce Utilities Authority, St. Lucie County Fire District, City of Port St. Lucie, Tradition CDD #1 – 10, Southern Groves CDD #1-6, Multiple CDD audits, Town of St. Lucie Village, Town of Sewall’s Point, Town of Jupiter Island along with several other entities, including Condo and Homeowner Associations.
Education and Registrations
Bachelor of Science in Accounting – Sterling College.
Certified Public Accountant
Professional Affiliations
Member of the American Institute of Certified Public Accountants
Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
Volunteer Service
Treasurer & Executive Board - St. Lucie County Chamber of Commerce
Budget Advisory Board - St. Lucie County School District
Past Treasurer - Exchange Club for Prevention of Child Abuse & Exchange Foundation Board
Board of Directors – State Division of Juvenile Justice

Jay L. McBee
Partner – DiBartolomeo, McBee, Hartley & Barnes

Experience and Training

Jay has over 45 years of public accounting experience and would serve as the technical reviewer on the audit. His experience and training include:
45 years of government experience.
Specializing in serving local government entities.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, special districts, and school districts.
Has experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including Circular A-133 and the Rules of the Auditor General.
Has extensive experience in performing pension audits.
Experienced in developing and maintaining the GFOA Certificate of Achievement.
120 Hours of relevant government CPE credits over the past 3 years.
Experience in municipal bond and other governmental-financing options and offerings.
Recent Engagements
Has provided auditing services on local governmental entities including towns, villages, cities, counties, special district and community development districts. Jay has assisted with financial preparation, system implementation, and a variety of government services to a wide range of governmental entities. Jay currently provides auditing services to the City of Port St. Lucie, City of Okeechobee Pension Trust Funds, St. Lucie County Fire District Pension funds, along with several other non-profit and governmental entities.

Education and Registrations
Bachelor of Science in Accounting and Quantitative Business Management – West Virginia University.
Certified Public Accountant
Professional Affiliations
Member of the American Institute of Certified Public Accountants
Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association
Volunteer Service
Member of the St. Lucie County Citizens Budget Committee
Finance committee for the First United Methodist Church
Treasurer of Boys & Girls Club of St. Lucie County

Theresa Goldstein
Supervisor – DiBartolomeo, McBee, Hartley & Barnes
Experience and training
Theresa has over 25 years of public accounting experience and would serve as the supervisor for the Constitutional Officers. Her experience and training include:
25 years of government experience.
Specializing in serving local government entities.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, towns and special districts.
Has extensive experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including Circular A-133 and the Rules of the Auditor General.
Experienced in maintaining the GFOA Certificate of Achievement.
100 hours of relevant government CPE credits over the past 3 years.
Recent Engagements
Has provided audit services on governmental entities including towns, villages, cities, counties, special districts and community development districts. Theresa has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Theresa currently provides internal audit and consulting services to multiple agencies to assist in implementing and maintaining “best practice” accounting policies and procedures. Engagements include City of Port St. Lucie, St. Lucie County Fire District, Town of Sewall’s Point, Town of Jupiter Island, Multiple CDD audits, Tradition CDD #1-10, Southern Groves CDD #1-6 and Town of St. Lucie Village.

Education and Registrations
Bachelor of Science in Finance – University of Central Florida
Masters of Business Administration with concentration in Accounting – Bryant College
Professional Affiliations
Associate Member of the Florida Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association

Christine M. Kenny, CPA
Senior Staff – DiBartolomeo, McBee, Hartley & Barnes
Experience and training
Christine has over 18 years of public accounting experience and would serve as a senior staff for the Constitutional Officers. Her experience and training include:

18 years of manager and audit experience.
Has performed audits and advisory services for a variety of public sector entities including counties, cities, towns and special districts.
Has experience performing audits of federal grant recipients in accordance with the Single Audit Act and the related Office of Management and Budget (OMB) guidelines, including
Circular A-133 and the Rules of the Auditor General.
100 hours of relevant government CPE credits over the past 3 years.

Recent Engagements

Has provided audit services on governmental entities including towns, villages, cities and special districts. Christine has assisted with financial statement preparation, system implementation, and a variety of services to a wide range of non-profit and governmental entities. Christine currently provides services to multiple agencies to assist in implementing and maintaining “best practice” accounting policies and procedures.
Engagements include St. Lucie County Fire District, City of Fort Pierce, Town of Sewall’s Point, and Town of St. Lucie Village.

Education and Registrations

Bachelor of Science in Accounting – Florida State University
Professional Affiliations
Active Member of the Florida Institute of Certified Public Accountants
Active Member of the American Institute of Certified Public Accountants
Member of the Florida Government Finance Officers Association

PROFESSIONAL QUALIFICATIONS (CONTINUED)

Governmental Audit Experience
DiBartolomeo, McBee, Hartley & Barnes, P.A., through its principals and members, has provided continuous in-depth professional accounting, auditing, and consulting services to local government units, nonprofit organizations, and commercial clients. Our professionals have developed considerable expertise in performing governmental audits and single audits and in preparing governmental financial statements in conformance with continually evolving GASB pronouncements, statements, and interpretations. All of the public sector entities we serve annually are required to be in accordance with GASB pronouncements and government auditing standards. We currently perform several Federal and State single audits in compliance with OMB Circular A- 133 and under the Florida Single Audit Act. Our professionals are also experienced in assisting their clients with preparing Comprehensive Annual Financial Reports (GFOA).
All work performed by our firm is closely supervised by experienced certified public accountants. Only our most seasoned CPA’s perform consulting services. Some of the professional accounting, auditing, and management consulting services currently provided to our local governmental clients include:

Annual financial and compliance audits including Single Audits of State and Federal financial assistance programs under OMB A-133 audit criteria and the Florida Single Audit Act
Assisting in compiling historical financial data for first-time and supplemental submissions for GFOA Certificate of Achievement of Excellence in Financial Reporting
Audits of franchise fees received from outside franchisees
Assistance with Implementation of GASB-34
Internal audit functions
Fixed assets review and updating cost/depreciation allocations and methods

ADDITIONAL DATA

Procedures for Ensuring Quality Control & Confidentiality

Quality control in any CPA firm can never be taken for granted. It requires a continuing commitment to professional excellence. DiBartolomeo, McBee, Hartley & Barnes is formally dedicated to that commitment.

In an effort to continue to maintain the standards of working excellence required by our firm, DiBartolomeo, McBee, Hartley & Barnes, P.A. joined the Quality Review Program of the American Institute of Certified Public Accountants. To be a participating member firm, a firm must obtain an independent compliance review of its quality control policies and procedures to ascertain the firm’s compliance with existing auditing standards on the applicable engagements. The scope of peer review is comprehensive in that it specifically reviews the following quality control policies and procedures of the participating firm:

Professional, economic, and administrative independence
Assignment of professional personnel to engagements
Consultation on technical matters
Supervision of engagement personnel
Hiring and employment of personnel
Professional development
Advancement
Acceptance and continuance of clients
Inspection and review system

Independence

Independence is a hallmark of our profession. We encourage our staff to use professional judgment in situations where our independence could be impaired or the perception of a conflict of interest might exist. In the governmental sector, public perception is as important as professional standards. Therefore, independent auditors must exercise utmost care in the performance of their duties.

Our firm has provided continuous certified public accounting services in the government sector for 31 years, and we are independent of the Community Development Districts as defined by the following rules, regulations, and standards:

ADDITIONAL DATA (CONTINUED)

Independence (Continued)

Au Section 220 – Statements on Auditing Standards issued by the American Institute of Certified Public Accountants
ET Sections 101 and 102 – Code of Professional Conduct of the American Institute of Certified Public Accountants
Chapter 21A-21, Florida Administrative Code
Section 473.315, Florida Statutes
Government Auditing Standards, issued by the Comptroller General of the United States

Computer Auditing Capabilities

DiBartolomeo, McBee, Hartley & Barnes’ strong computer capabilities as demonstrated by our progressive approach to computer auditing and extensive use of microcomputers. Jay McBee is the MIS partner for DMHB. Jay has extensive experience in auditing and evaluating various computer systems and would provide these services in this engagement.

We view the computer operation as an integral part of its accounting systems. We would evaluate the computer control environment to:

Understand the computer control environment’s effect on internal controls
Conclude on whether aspects of the environment require special audit attention
Make preliminary determination of comments for inclusion in our management letter

This evaluation includes:

System hardware and software
Organization and administration
Access

Contracts of Similar Nature within References

Client	
Years	Annual Audit In Accordance With GAAS	
Engagement Partner	Incl. Utility Audit/ Consulting	
GFOA
Cert.	GASB 34
Implementation & Assistance	
Total Hours	
St. Lucie County Fire District Karen Russell, Clerk-Treasurer (772)462-2300	1984 -
Current	
√	
Jim Hartley			
√	
250-300	
City of Fort Pierce
Johnna Morris, Finance Director (772)-460-2200	2005-
current	
√	
Mark Barnes		
√	
√	
800	
Fort Pierce Utilities Authority Nina Hurtubise, Finance Director (772)-466-1600	2005-
current	
√	
Jim Hartley	
√	
√	
√	
600	
Town of St. Lucie Village
Diane Robertson, Town Clerk (772) 595-0663	
1999 –
current	
√	
Jim Hartley			
√	
100	
City of Okeechobee Pension Trust Funds
Marita Rice, Supervisor of Finance (863)763-9460	
1998 –
current	
√	
Jay McBee				
60	
St. Lucie County Fire District 175 Pension Trust Fund
Chris Bushman , Captain (772) 462-2300	1990 –
current	
√	
Jay McBee				
60	
Tradition Community Development District 1-10
Alan Mishlove,District Finance Manager
(407)382-3256	
2002 -
current	

√	

Jim Hartley			

√	

350	
Legends Bay Community Development District Patricia Comings-Thibault
(321)263-0132	2013-
current	
√	
Jim Hartley				
50	
Union Park Community Development District Patricia Comings-Thibault
(321)263-0132	2013-
current	
√	
Jim Hartley				50	
Deer Island Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	
√	
Jim Hartley				
50	
Park Creek Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	

√	

Jim Hartley				

50	
Waterleaf Community Development District Patricia Comings-Thibault (321)263-0132	2013-
current	
√	
Jim Hartley				
50	

TECHNICAL APPROACH
An Express Agreement to Meet or Exceed the Performance Specifications.
The audit will be conducted in compliance with the following requirements:

Rules of the Auditor General for form and content of governmental audits
Regulations of the State Department of Banking and Finance
Audits of State and Local Governmental Units-American Institute of Certified Public Accountants.
The audit report shall contain the opinion of the auditor in reference to all financial statements, and an opinion reflecting compliance with applicable legal provisions.
We will also provide the required copies of the audit report, the management letter, any related reports on internal control weaknesses and one copy of the adjusting journal entries and financial work papers.
The auditor shall, at no additional charge, make all related work papers available to any Federal or State agency upon request in accordance with Federal and State Laws and Regulations.
We will work in cooperation with the District, its underwriters and bond council in regard to any bond issues that may occur during the term of the contract.
The financial statements shall be prepared in conformity with Governmental Accounting Standards Board Statement Number 34, 63 and 65.

We will commit to issuing the audit for each Fiscal year by June 1st of the following year. In order to ensure this we will perform interim internal control testing as required by January 31st from unaudited preliminary general ledgers provided. The remaining testing will be completed no later than May 1st. We will also review all minutes and subsequent needs related to the review of the minutes by January 30th. Follow up review will be completed as necessary.

b. A Tentative Schedule for Performing the Key phases of the Audit

Audit Phase and Tasks
Planning Phase:
Meetings and discussions with Tapestry Community Development District personnel regarding operating, accounting and reporting matters
Discuss management expectations, strategies and objectives
Review operations Develop engagement plan
Study and evaluate internal controls Conduct preliminary analytical review
Detailed Audit Phase:
Conduct final risk assessment Finalize audit approach plan
Perform	substantive	tests	of	account
balances
Perform	single	audit	procedures	(if applicable)
Perform statutory compliance testing
Closing Phase:
Review subsequent events, contingencies and commitments
Complete	audit	work	and	obtain management representations
Review proposed audit adjustments with client
Reporting Phase:
Review		or	assist	in		preparation	of financial statement for Creek Tapestry Community Development District Prepare	management	letter	and	other special reports
Exit conference with Tapestry Community Development District officials and management
Delivery of final reports

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

SPECIFIC AUDIT APPROACH
Our partners are not strangers who show up for an entrance conference and an exit conference. We have developed an audit plan that allows the partners to directly supervise our staff in the field. By assigning two partners to the audit, we will have a partner on-site for a significant portion of the fieldwork. This also gives the District an additional contact individual for questions or problems that may arise during the audit.

The scope of our services will include a financial, as well as, a compliance audit of the District’s financial statements. Our audit will be conducted in accordance with auditing standards generally accepted in the United States and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Additionally, our audit will be conducted in accordance with the provisions of Chapter 10.550, Rules of the Auditor General, which govern the conduct of local government entity audits performed in the State of Florida.

Our audit approach places emphasis on the accounting information system and how the data is recorded, rather than solely on the verification of numbers on a financial statement. This approach enables us to:

Maximize our understanding of the District’s operating environment
Minimize time required conducting the audit since we start with broad considerations and narrow to specific audit objectives in critical areas
Our audit approach consists of four phases encompassing our audit process:

Planning Phase
Detailed Audit Phase
Closing Phase
Reporting

Planning Phase
Meetings and Expectations:
Our first step in this phase will be to set up a planning meeting with the financial and operating management of Tapestry Community Development District. Our goal here is to eliminate “surprises.” By meeting with responsible officials early on we can discuss significant accounting policies, closing procedures and timetables, planned timing of our audit procedures and expectations of our work. This will also be the starting point for our discussions with management related to SAS No. 99-Consideration of Fraud in a Financial Statement Audit. Inquiries will be made regarding managements knowledge of fraud and on management’s views regarding the risk of fraud.

Review Operations and Develop Engagement Plan
It is critical that we understand the District’s operating environment. To do this we will obtain and review such items as, organizational charts, recent financial statements, budget information, major contracts and lease agreements. We will also gather other information necessary to increase our understanding of the District’s operations, organization, and internal control.

Study and Evaluate Internal Control
As part of general planning, we will obtain an understanding and assessment of the District’s control environment. This assessment involves a review of management’s operating style, written internal control procedures, and the District’s accounting system. The assessment is necessary to determine if we can rely on control procedures and thus reduce the extent of substantive testing.

We then test compliance with established control procedures by ascertaining that the significant strengths within the system are functioning as described to us. Generally, transactions are selected and reviewed in sufficient detail to permit us to formulate conclusions regarding compliance with control procedures and the extent of operation compliance with pertinent laws and regulations. This involves gaining an understanding of the District’s procedures, laws and regulations, and testing systems for compliance by examining contracts, invoices, bid procedures, and other documents. After testing controls, we then evaluate the results of those tests and decide whether we can rely on controls and thus reduce other audit procedures.

Conduct Preliminary Analytical Review
Also during the planning stage, we undertake analytical procedures that aid us in focusing our energies in the right direction. We call these analytical reviews.
A properly designed analytical review can be a very effective audit procedure in audits of governmental units. Analytical reviews consist of more than just a comparison of current-year actual results to prior-year actual results. Very effective analytical review techniques include trend analysis covering a number of years and comparisons of information not maintained totally within the financial accounting system, such as per capita information, prevailing market interest rates, housing statistics, etc.

Some examples of effective analytical reviews performed together and/or individually include:

Comparison of current-year actual results with current-year budget for the current and past years with investigation of significant differences and/or trends
Trend analysis of the percentage of current-year revenues to current-year rates for the current and previous years with investigation of significant changes in the collection percentage
Trend analysis of the percentage of expenditures by function for the current and previous years with investigation of significant changes in percentages by department
Monthly analysis of receipts compared to prior years to detect trends that may have audit implications
Conclusions reached enable us to determine the nature, timing and extent of other substantive procedures.

Detailed Audit Phase

Conduct Final Risk Assessment and Prepare Audit Programs
Risk assessment requires evaluating the likelihood of errors occurring that could have a material affect on the financial statements being audited. The conclusions we reach are based on many evaluations of internal control, systems, accounts, and transactions that occur throughout the audit. After evaluating the results of our tests of control and our final risk assessment we can develop detailed audit programs.
Perform Substantive Tests of Account Balances
These tests are designed to provide reasonable assurance as to the validity of the information produced by the accounting system. Substantive tests involve such things as examining invoices supporting payments, confirmation of balances with independent parties, analytical review procedures, and physical inspection of assets. All significant accounts will be subjected to substantive procedures. Substantive tests provide direct evidence of the completeness, accuracy, and validity of data.

Perform Single Audit Procedures (if applicable)
During the planning phase of the audit we will request and review schedules of expenditures of federal awards and state financial assistance. These schedules will be the basis for our determination of the specific programs we will test.
In documenting our understanding of the internal control system for the financial statement audit, we will identify control activities that impact major federal and state programs as well. This will allow us to test certain controls for the financial audit and the single audit concurrently. We will then perform additional tests of controls for each federal and state program selected for testing. We will then evaluate the results of the test of controls to determine the nature, timing and extent of substantive testing necessary to determine compliance with major program requirements.

Perform Statutory Compliance Testing
We have developed audit programs for Tapestry Community Development District designed to test Florida Statutes as required by the Auditor General. These programs include test procedures such as general inquiries, confirmation from third parties, and examination of specific documents.

Closing Phase

During the closing phase we perform detail work paper reviews, request legal letters, review subsequent events and proposed audit adjustments. Communication with the client is critical in this phase to ensure that the information necessary to prepare financial statements in conformity with accounting principles generally accepted in the United States has been obtained.

Reporting Phase
Financial Statement Preparation
As a local firm, we spend a considerable amount of time on financial statement preparation and support. With this in mind, we can assist in certain portions of the preparation of financial statements or simply review a draft of financials prepared by your staff. We let you determine our level of involvement.

Management Letters
We want to help you solve problems before they become major.
Our management letters go beyond citing possible deficiencies in the District’s internal control structures. They identify opportunities for increasing revenues, decreasing costs, improving management information, protecting assets and improving operational efficiency.
The diversity of experience of our personnel and their independent and objective viewpoints make the comments, observations, and conclusions presented in our management letters a valuable source of information. We have provided positive solution-oriented objective recommendations to our governmental clients regarding investments, accounting accuracy, data processing, revenue bonds, payroll, utility billing, purchasing, budgeting, risk management, and internal auditing.
This review ensures the integrity of the factual data in the management letter but does not influence or impair our independence.

Exit Conferences and Delivery of Reports
We anticipate meeting with appropriate District personnel in February and issuing the final required reports by the May meeting of each year.

PROPOSED AUDIT FEE FOR EACH YEAR OF THE FIVE YEARS

DiBartolomeo, McBee, Hartley & Barnes P.A. will perform the annual audit of Tapestry Community Development District for the five years as follows:

September 30, 2024	$ 3,450	
September 30, 2025	$ 3,560	
September 30, 2026	$ 3,700	
September 30, 2027	$ 3,850	
September 30, 2028	$ 4,000	

In years of new debt issuance fees may be adjusted based on review with management.

Section B

Proposal to Provide Financial Auditing Services:
TAPESTRY
COMMUNITY DEVELOPMENT DISTRICT

Proposal Due: July 31, 2024 2:00PM

Submitted to:
Tapestry
Community Development District c/o District Manager
219 East Livingston Street Orlando, Florida 32801

Submitted by:
Antonio J. Grau, Partner Grau & Associates
951 Yamato Road, Suite 280 Boca Raton, Florida 33431 Tel	(561) 994-9299
(800) 229-4728
Fax	(561) 994-5823
tgrau@graucpa.com www.graucpa.com

Table of Contents	Page
EXECUTIVE SUMMARY / TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES	11
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

July 31, 2024

Tapestry Community Development District c/o District Manager
219 East Livingston Street Orlando, Florida 32801

Re:	Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2024, with an option for four (4) additional annual renewals.

Grau & Associates (Grau) welcomes the opportunity to respond to the Tapestry Community Development District’s (the “District”) Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts. As one of Florida’s few firms to primarily focus on government, we are especially equipped to provide you an effective and efficient audit.

Special district audits are at the core of our practice: we have a total of 360 clients, 329 or 91% of which are special districts. We know the specifics of the professional services and work products needed to meet your RFP requirements like no other firm. With this level of experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to client operations.

Why Grau & Associates:

Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year round. When not working on your audit, your team is refining their audit approach for next year’s audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments, which all ensures a smoother process for you.

Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit, you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau’s very low turnover rate for our industry, you also won’t have to worry about retraining your auditors from year to year.

Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year round, updating, collaborating and assisting you in implementing new legislation, rules and standards that affect your organization. We are also available as a sounding board and assist with technical questions.

Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally, we have never been charged with, or convicted of, a public entity crime of any sort. We are financially stable and have never been involved in any bankruptcy proceedings.

Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements.

This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without previous understanding, agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only the person(s), company or parties interested in the project as principals are named in the proposal. Grau has no existing or potential conflicts and anticipates no conflicts during the engagement. Our Federal I.D. number is 20-2067322.

We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@graucpa.com) or David Caplivski, CPA (dcaplivski@graucpa.com) at 561.994.9299. We thank you for considering our firm’s qualifications and experience.

Very truly yours, Grau & Associates
Antonio J. Grau

Firm Qualifications

Grau’s Focus and Experience

Our Team

3

Services Provided

Partners

11
Professional Staff

2
Administrative Professionals

9/15
Employees are CPAS

Year founded

Properly registered and licensed professional corporation by the state of FLORIDA

We are proud Members of the American Institute of Certified Public Accountants
&

9
Professional Groups

the Florida Institute of Certified Public Accountants

See next page for report and certificate

⇒ External quality review program:
consistently receives a pass
⇒ Internal: ongoing monitoring to
maintain quality

AICPA | FICPA | GFOA | FASD | FGFOA

Firm & Staff Experience

GRAU AND ASSOCIATES COMMUNITY
DEVELOPMENT DISTRICT EXPERIENCE BY MANAGEMENT COMPANY

OTHER
19

PFM
12

WRATHELL
30

GMS
78

INFRAMARK
38

SDS
60

RIZZETTA
47

MERITUS
23

Profile Briefs:
Antonio J GRAU, CPA (Partner)
Years Performing Audits: 35+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 56 hours
Professional Memberships: AICPA, FICPA, FGFOA, GFOA

David Caplivski, CPA (Partner)
Years Performing Audits: 13+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 64 hours
Professional Memberships: AICPA, FICPA, FGFOA, FASD

“Here at Grau & Associates, staying up to date with the current technological landscape is one of our top priorities. Not only does it provide a more positive experience for our clients, but it also allows us to perform a more effective and efficient audit. With the every changing technology available and utilized by our clients, we are constantly innovating our audit process.”
-	Tony Grau
“Quality audits and exceptional client service are at the heart of every decision we make. Our clients trust us to deliver a quality audit, adhering to high standards and assisting them with improvements for their organization.”
- David Caplivski

YOUR ENGAGEMENT TEAM

Grau’s client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team.

The Certified Information Technology Professional (CITP) Partner will bring a unique blend of IT expertise and understanding of accounting principles to the financial statement audit of the District.

Advisory Consultant

An advisory consultant will be available as a sounding board to advise in those areas where problems are encountered.

CITP Partner

Your Successful Audit

Engagement Partner

Audit Senior

Audit Manager

The assigned personnel will work closely with the partner and the District to ensure that the financial statements and all other reports are prepared in accordance with professional standards and firm policy.
Responsibilities will include planning the audit; communicating with the client and the partners the progress of the audit; and
determining that financial statements and all reports issued by the firm are accurate, complete and are prepared in accordance with professional standards and firm policy.

The Engagement Partner will participate extensively during the various stages of the engagement and has direct responsibility for engagement policy, direction, supervision, quality control, security, confidentiality of information of the engagement and communication with client personnel. The engagement partner will also be involved directing the development of the overall audit approach and plan; performing an overriding review of work papers and ascertain client satisfaction.

Antonio ‘Tony ‘ J. Grau, CPA
Partner
Contact: tgrau@graucpa.com | (561) 939-6672
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm’s governmental, non-profit, employee benefit, overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

Education
University of South Florida (1983) Bachelor of Arts
Business Administration

Clients Served (partial list)

(>300) Various Special Districts, including:		
Bayside Improvement Community Development District Dunes Community Development District
Fishhawk Community Development District (I,II,IV) Grand Bay at Doral Community Development District Heritage Harbor North Community Development District	St. Lucie West Services District
Ave Maria Stewardship Community District Rivers Edge II Community Development District Bartram Park Community Development District
Bay Laurel Center Community Development District	
Boca Raton Airport Authority Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control		

Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants  Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	56
Total Hours	80 (includes of 4 hours of Ethics CPE)

David Caplivski, CPA/CITP, Partner
Contact : dcaplivski@graucpa.com / 561-939-6676
Experience
Grau & Associates	Partner	2021-Present	
Grau & Associates	Manager	2014-2020	
Grau & Associates	Senior Auditor	2013-2014	
Grau & Associates	Staff Auditor	2010-2013	

Education
Florida Atlantic University (2009) Master of Accounting
Nova Southeastern University (2002) Bachelor of Science
Environmental Studies

Certifications and Certificates
Certified Public Accountant (2011)
AICPA Certified Information Technology Professional (2018) AICPA Accreditation COSO Internal Control Certificate (2022)

Clients Served (partial list)
(>300) Various Special Districts	Hispanic Human Resource Council	
Aid to Victims of Domestic Abuse	Loxahatchee Groves Water Control District	
Boca Raton Airport Authority	Old Plantation Water Control District	
Broward Education Foundation	Pinetree Water Control District	
CareerSource Brevard	San Carlos Park Fire & Rescue Retirement Plan	
CareerSource Central Florida 403 (b) Plan	South Indian River Water Control District	
City of Lauderhill GERS	South Trail Fire Protection & Rescue District	
City of Parkland Police Pension Fund	Town of Haverhill	
City of Sunrise GERS	Town of Hypoluxo	
Coquina Water Control District	Town of Hillsboro Beach	
Central County Water Control District	Town of Lantana	
City of Miami (program specific audits)	Town of Lauderdale By-The–Sea Volunteer Fire Pension	
City of West Park	Town of Pembroke Park	
Coquina Water Control District	Village of Wellington	
East Central Regional Wastewater Treatment Facl.	Village of Golf	
East Naples Fire Control & Rescue District		

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	64
Total Hours	88 (includes 4 hours of Ethics CPE)
Professional Associations
Member, American Institute of Certified Public Accountants Member, Florida Institute of Certified Public Accountants Member, Florida Government Finance Officers Association Member, Florida Association of Special Districts

References

We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District.

 Dunes Community Development District		
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 1998	
Client Contact	Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092
                    904-940-5850		

 Two Creeks Community Development District		
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 2007	
Client Contact	William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
                  813-933-5571		

 Journey’s End Community Development District		
Scope of Work	Financial audit	
Engagement Partner	Antonio J. Grau	
Dates	Annually since 2004	
Client Contact	Todd Wodraska, Vice President 2501 A Burns Road
Palm Beach Gardens, Florida 33410
                  561-630-4922		

Specific Audit Approach

AUDIT APPROACH
Grau’s Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services (as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations. Grau & Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local regulations. We will deliver our reports in accordance with your requirements.

Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit. The audit will be conducted in three phases, which are as follows:

PHASE I:
Preliminary Planning

PHASE II:
Execution of the Audit Plan

PHASE III:
Completion and Delivery

Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff.

During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements;
» Read minutes of meetings;
» Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
» Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters which have been identified.

Phase II – Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include, but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
» Perform tests of account balances and transactions through sampling, vouching, confirmation and other analytical procedures; and
»  Perform tests of compliance.
Phase III - Completion and Delivery

In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include, but are not limited to the following:

» Perform final analytical procedures;
»  Review information and make inquiries for subsequent events; and
» Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations.

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues. In following this approach, we not only audit financial information with hindsight but also consider the foresight you apply in managing operations.

Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today’s public officials. We will prepare the management letter at the completion of our final procedures.

In preparing this management letter, we will initially review any draft comments or recommendations with management. In addition, we will take necessary steps to ensure that matters are communicated to those charged with governance.

In addition to communicating any recommendations, we will also communicate the following, if any:

» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management; and
»  Difficulties encountered in performing the audit.

Is the recommendation cost effective?

Is the recommendation the simplest to effectuate in order to correct a problem?

Is the recommendation at the heart of the problem and not just correcting a symptomatic matter?

Is the corrective action taking into account why the deficiency occurred?

Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action:

To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no “surprises” in the management letter and fosters a professional, cooperative atmosphere.

Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis.
Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal.

Cost of Services

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2024-2028 are as follows:

  Year Ended September 30,			Fee		
2024	$3600	
2025	$3700	
2026	$3800	
2027	$3900	
2028	$4000	
TOTAL (2024-2028)	$19000	

The above fees are based on the assumption that the District maintains its current level of operations. Should conditions change or Bonds are issued the fees would be adjusted accordingly upon approval from all parties concerned.

Supplemental Information

PARTIAL LIST OF CLIENTS

 	Governmental Audit	Single Audit	Utility Audit	
Current Client	
Year End	
Boca Raton Airport Authority					9/30	
Captain's Key Dependent District					9/30	
Central Broward Water Control District					9/30	
Coquina Water Control District					9/30	
East Central Regional Wastewater Treatment Facility					9/30	
Florida Green Finance Authority					9/30	
Greater Boca Raton Beach and Park District					9/30	
Greater Naples Fire Control and Rescue District					9/30	
Green Corridor P.A.C.E. District					9/30	
Hobe-St. Lucie Conservancy District					9/30	
Indian River Mosquito Control District					9/30	
Indian Trail Improvement District					9/30	
Key Largo Wastewater Treatment District					9/30	
Lake Asbury Municipal Service Benefit District					9/30	
Lake Padgett Estates Independent District					9/30	
Lake Worth Drainage District					9/30	
Loxahatchee Groves Water Control District					9/30	
Old Plantation Control District					9/30	
Pal Mar Water Control District					9/30	
Pinellas Park Water Management District					9/30	
Pine Tree Water Control District (Broward)					9/30	
Pinetree Water Control District (Wellington)					9/30	
Port of The Islands Community Improvement District					9/30	
Ranger Drainage District					9/30	
Renaissance Improvement District					9/30	
San Carlos Park Fire Protection and Rescue Service District					9/30	
Sanibel Fire and Rescue District					9/30	
South Central Regional Wastewater Treatment and Disposal Board					9/30	
South-Dade Venture Development District					9/30	
South Indian River Water Control District					9/30	
South Trail Fire Protection & Rescue District					9/30	
Spring Lake Improvement District					9/30	
St. Lucie West Services District					9/30	
Sunrise Lakes Phase IV Recreation District					9/30	
Sunshine Water Control District					9/30	
Sunny Hills Units 12-15 Dependent District					9/30	
West Villages Independent District					9/30	
Various Community Development Districts (452)					9/30	
TOTAL	490	5	4	484		

ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES
Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows:

Accounting systems
Development of budgets
Organizational structures
Financing alternatives
IT Auditing	Fixed asset records
Cost reimbursement
Indirect cost allocation
Grant administration and compliance	

ARBITRAGE

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

73

Current Arbitrage Calculations

We look forward to providing Tapestry Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations!

For even more information on Grau & Associates please visit us on www.graucpa.com.

Board of Supervisors Meeting

Section III

Section D

RESOLUTION 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TAPESTRY COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the Tapestry Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; 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 TAPESTRY COMMUNITY DEVELOPMENT DISTRICT:

Section 1.		 is elected Chairperson. Section 2.		 is elected Vice-Chairperson. Section 3.		 is elected Secretary.
Section 4.		 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.

Section 5.		 is elected Treasurer.

Section 6.		 is elected Assistant Treasurer.
	 is elected Assistant Treasurer.

Section 7.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 25th day of March, 2025.

ATTEST:	TAPESTRY COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

Minutes

MINUTES OF MEETING TAPESTRY
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Tapestry Community Development District was held Wednesday, June 26, 2024 at 11:30 a.m. in the Hart Memorial Central Library, 211 E. Dakin Avenue, Room 120, Kissimmee, Florida.

Present and constituting a quorum were:

Robert Price	Chairman
Raymond Sanchez	Vice Chairman
Anderson Moran	Assistant Secretary
Duane “Rocky” Owen	Assistant Secretary
Tom Franklin	Assistant Secretary Also present were:
Tricia Adams	District Manager
Lindsay Whelan	District Counsel via Zoom
Bennett Davenport	Kutak Rock via Zoom
Jarett Wright	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 11:30 a.m., called the roll and stated Supervisor Sanchez was appointed at the last Board meeting in March and before this meeting started, he was administered his Oath of Office.
SECOND ORDER OF BUSINES	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individual to Fill Vacancy in GE Seat 4
Oath of Office to Newly Appointed Supervisor(s)
Consideration of Resolution 2024-05 Electing Officers

On MOTION by Mr. Moran seconded by Mr. Sanchez Mr. Price was appointed Chairman.

June 26, 2024	Tapestry CDD

On MOTION by Mr. Price seconded by Mr. Moran with all in favor Mr. Sanchez was appointed vice Chairman and the remaining Supervisors as Assistant Secretaries.

On MOTION by Mr. Moran seconded by Mr. Sanchez with all in favor Resolution 2024-05 was approved reflecting Robert Price as Chairman, Raymond Sanchez Vice Chair, Mr. Moran, Mr. Owen and Mr. Franklin Assistant Secretaries, with the balance of officers remaining the same.

Mr. Davenport gave an overview of the Sunshine Law, public records law, Florida code of ethics for public officers, Form 1, Form 1f, Form 8b, and the necessity to complete four hours of ethics training.
FOURTH ORDER OF BUSINESS	Approval of the Minutes of the March 7, 2024
Meeting

On MOTION by Mr. Moran seconded by Mr. Sanchez with all in favor the minutes of the March 7, 2024 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Public Hearing

On MOTION by Mr. Sanchez seconded by Mr. Moran with all in favor the public hearing was opened.

There being no public present to comment,

On MOTION by Mr. Sanchez seconded by Mr. Moran with all in favor the public hearing was closed.

Consideration of Resolution 2024-06 Adopting the Fiscal Year 2025 Budget and Relating to the Annual Appropriations
Ms. Adams gave an overview of Resolution 2024-06 and reviewed each section of the proposed Fiscal Year 2025 budget.

On MOTION by Mr. Moran seconded by Mr. Sanchez with all in favor Resolution 2024-06 Adopting the Fiscal Year 2025 Budget and Relating to the Annual Appropriations was approved.

June 26, 2024	Tapestry CDD

Consideration of Resolution 2024-07 Imposing Special Assessments and Certifying an Assessment Roll
Ms. Adams gave an overview of Resolution 2024-07.

On MOTION by Mr. Sanchez seconded by Mr. Price with all in favor Resolution 2024-07 Imposing Special Assessments and Certifying an Assessment Roll was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-08
Declaring a Board Vacancy
Ms. Adams stated after a CDD has been in existence for five years and there are 250 registered voters the election transitions from a landowner election to the general election format. This year there was a qualifying period with the Osceola County elections office and no qualified electors from the District went to the office and qualified. We do have vacancies that will be effective November 19, 2024. This resolution was prepared by District counsel.
Mr. Davenport stated seats 3, 4, and 5 were up for general election, the qualifying period is over, no one qualified for these seats so as of right now the supervisors sitting in those seats will remain until we can appoint qualified electors to take their place.

On MOTION by Mr. Moran seconded by Mr. Price with all in favor Resolution 2024-08 Declaring a Board Vacancy was approved.

SEVENTH ORDER OF BUSINESS	Appointment	of	Audit	Committee	and
Chairman
Ms. Adams stated Community Development Districts are required to have an annual independent audit conducted and there is a process whereby the Board appoints an audit committee and the audit committee approves the solicitation for audit services. Immediately after this meeting, we will have an Audit Committee meeting.

On MOTION by Mr. Price seconded by Mr. Sanchez with all in favor the Board members were appointed to serve as the Audit Committee.

EIGHTH ORDER OF BUSINESS	Presentation of Fiscal Year 2023 Audit Report
Ms. Adams stated this audit goes through the financial records and in the management letter there are no current year or prior year findings or recommendations and we are in compliance with the rules of the auditor general for the State of Florida. This is a clean audit.

June 26, 2024	Tapestry CDD

On MOTION by Mr. Price seconded by Mr. Sanchez with all in favor the Fiscal Year 2023 Audit was accepted and staff was authorized to transmit the final report to the State of Florida.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Memorandum Regarding Public Records Designation and Appointments
Mr. Davenport stated this memo clarifies some confusion my firm has seen recently regarding the maintenance of District records. The two main persons that are going to be associated with records retention and maintenance are going to be your records custodian and custodian management liaison. The records custodian is an appointed officer that is in charge of these responsibilities and the various responsibilities of the records management liaison are listed in the memo. The designations for each of these positions are listed in Exhibit A.

Memorandum Regarding CDD Goals and Objectives
Mr. Davenport stated there were a number of changes to statutes affecting special Districts this past legislative session. One affects CDDs specifically, HB 7103 requires that the CDD adopt goals and performance measures every year and to determine whether the CDD met the goals. We must complete this by October 1st and then on December 1, 2025 we will consider whether the Board accomplished these fiscal year goals. We have a set of goals and performance measures for your consideration a little further in the agenda.

Engineer
There being no comments, the next item followed.

Manager
Approval of Check Register
Ms. Adams presented the check register from March 16, 2024 through May 31, 2024 in the amount of $49,005.95.

On MOTION by Mr. Moran seconded by Mr. Sanchez with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.
No Board action was required.

June 26, 2024	Tapestry CDD

Presentation of Series 2016 Arbitrage Rebate Calculation Report
Ms. Adams stated your 2016 bond was a tax-exempt bond and the IRS asserts that the District cannot be earning more interest than it is paying on the bonds. Each year these arbitrage reports are run to determine whether we are earning more interest than we are paying and this report is asserting that there is no arbitrage rebate liability.

On MOTION by Mr. Sanchez seconded by Mr. Price with all in favor the Arbitrage Rebate Calculation Report for the Series 2016 Bonds was accepted.

Adoption of District Goals and Objectives
Ms. Adams stated when our firm became aware of this new State law and prepared a memorandum that we are presenting to be in compliance and to ensure that we meet the October 1st deadline. This is something we will present annually. In the future if the Board wants to tailor this specific to Tapestry, we will take direction from the Board. We prepared goals and objections that meet the statutory requirements without a lot of onerous steps: community communication and engagement, infrastructure and facilities maintenance and financial transparency and accountability. We identified quantifiable goals that can be answered with a yes or no.

On MOTION by Mr. Moran seconded by Mr. Price with all in favor the District’s Goals and Objectives was approved.

Presentation of Registered Voters 1,192
A copy of the letter from the supervisor of elections indicating there are 1,192 registered voters residing in the District was included in the agenda package.

Approval of Fiscal Year 2025 Meeting Schedule

On MOTION by Mr. Moran seconded by Mr. Price with all in favor the notice that the Board will meet on an as needed basis in Fiscal Year 2025 was approved.

Form 1 Filing Reminder – Due July 1st
Ms. Adams stated this is just to remind you to file the Form 1 by July 1st.

Field Manager’s Report

June 26, 2024	Tapestry CDD

Mr. Wright stated on the field side everything is standard right now, just routine maintenance with our landscaper and aquatics contracts. Our landscapers will pick up any trash on the pond banks and mow and trim to the water’s edge. Anything in the water is not under contract for cleaning. We have issues trying to set an appropriate price for an aquatics vendor to come out and pick up trash because it may be eight hours one week and five minutes the next. GMS staff will go out on a as needed basis and pick up everything. This way the aquatics people are only there to treat aquatics. The plants that were recently installed are established and healthy, the only issue is we lost about 20 dwarf ixoras due to the drought but they will be replaced.
TENTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Owen stated as a harbinger on my being on many Boards I must emphasize that forms be filed timely otherwise there is a penalty for every day you do not file. I know a lady whose daughter contracted leukemia she didn’t file and she got fined $3,000. Also do not talk to each other about what goes on out there. Also do not comingle your private records with District records.
ELEVENTH ORDER OF BUSINESS	General Audience Comments
There being no comments, the next item followed.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Moran seconded by Mr. Price with all in favor the meeting adjourned at 12:35 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section VI

RESOLUTION 2025-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TAPESTRY COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FY 2026; SETTING A PUBLIC HEARING THEREON AND DIRECTING PUBLICATION; ADDRESSING TRANSMITTAL AND POSTING REQUIREMENTS; ADDRESSING SEVERABILITY AND EFFECTIVE DATE.
WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Tapestry Community Development District (“District”) prior to June 15, 2025, the proposed budget(s) attached hereto as Exhibit A (“Proposed Budget”); and

WHEREAS, the Board now desires to set the required public hearing on the Proposed Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE TAPESTRY COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget attached hereto as
Exhibit A is hereby approved preliminarily.

SETTING A PUBLIC HEARING; DIRECTING PUBLICATION. A public
hearing on said approved Proposed Budget is hereby declared and set for the following date, time, and location, and District staff is directed to provide notice of the same in accordance with Florida law:
DATE:	June 24, 2025
TIME:	9:15 A.M.
LOCATION:	Hart Memorial Central Library
211 E. Dakin Avenue Kissimmee, Florida 34741

TRANSMITTAL TO LOCAL GENERAL PURPOSE GOVERNMENT;
POSTING OF PROPOSED BUDGET. The District Manager is hereby directed to (i) submit a copy of the Proposed Budget to the applicable local general-purpose government(s) at least 60 days prior to its adoption, and (ii) post the approved Proposed Budget on the District’s website in accordance with Chapter 189, Florida Statutes.
SEVERABILITY; EFFECTIVE DATE. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 25TH DAY OF MARCH, 2025.

ATTEST:	TAPESTRY COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	Proposed Budget

Exhibit A

Proposed Budget

Tapestry

Community Development District

Proposed Budget
FY2026

Presented by:

Table of Contents

1-2	General Fund

3-4	Narratives

5	Debt Service Fund Series 2016

6	Amortization Schedule

7	Assessment Comparison

Tapestry
Community Development District
Proposed Budget General Fund

	Adopted Budget	Actuals Thru	Projected Next Projected Thru	Proposed Budget	
Description	FY2025	2/28/25		7 Months		9/30/25	FY 2026	

REVENUES:						
Special Assessments - On Roll	$203,354	$195,153	$8,201	$203,354	$203,354	
Interest income	$54	$29	$40	$69	$37	
Carry Forward Surplus	$80,870	$80,870	$0	$80,870	$84,237	
TOTAL REVENUES	$284,279	$276,052	$8,241	$284,293	$287,627	

EXPENDITURES:						
Administrative						
Supervisor Fees	$4,000	$0	$1,000	$1,000	$4,000	
FICA Taxes	$153	$0	$65	$65	$153	
Engineering	$10,000	$0	$5,000	$5,000	$10,000	
Attorney	$12,000	$623	$872	$1,495	$12,000	
Annual Audit	$3,800	$0	$3,800	$3,800	$3,800	
Assessment Administration	$2,783	$2,783	$0	$2,783	$2,783	
Arbitrage Rebate	$450	$0	$450	$450	$450	
Dissemination Agent	$3,675	$1,531	$2,144	$3,675	$3,785	
Trustee Fees	$3,500	$0	$3,500	$3,500	$3,850	
Management Fees	$45,000	$18,750	$26,250	$45,000	$45,000	
Information Technology	$1,260	$525	$735	$1,260	$1,298	
Website Maintenance	$840	$350	$490	$840	$865	
Telephone	$300	$0	$150	$150	$300	
Postage & Delivery	$800	$248	$348	$596	$800	
Insurance General Liability	$8,710	$7,662	$0	$7,662	$10,017	
Printing & Binding	$500	$0	$200	$200	$200	
Legal Advertising	$2,500	$0	$500	$500	$2,500	
Other Current Charges	$2,000	$418	$586	$1,004	$2,000	
Office Supplies	$500	$0	$150	$150	$500	
Property Appraiser	$600	$348	$0	$348	$600	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
TOTAL ADMINISTRATIVE	$103,546	$33,415	$46,239	$79,654	$105,075	

Tapestry
Community Development District
Proposed Budget General Fund

Adopted Budget
FY2025

Actuals Thru
2/28/25

Projected Next Projected Thru

Description

	7 Months	

9/30/25

Proposed Budget
FY 2026

Operations & Maintenance		
Field Expenditures		
Field Management	$15,750	$6,563	$9,188	$15,750	$16,223	
Property Insurance	$10,000	$1,916	$0	$1,916	$4,000	
Landscape Maintenance	$48,000	$20,000	$28,000	$48,000	$50,400	
Landscape Contingency	$17,000	$0	$2,500	$2,500	$17,000	
Lake Maintenance	$8,883	$2,676	$3,746	$6,422	$9,327	
Stormwater Maintenance	$20,000	$0	$2,500	$2,500	$20,000	
Wetland Maintenance	$4,600	$0	$1,000	$1,000	$4,600	
General Repairs & Maintenance	$11,000	$0	$2,500	$2,500	$11,000	
Midge Management	$37,500	$15,548	$21,767	$37,314	$39,375	
Contingency	$8,000	$0	$2,500	$2,500	$10,628	
TOTAL FIELD EXPENDITURES	$180,733	$46,702	$73,700	$120,403	$182,552	
						
TOTAL EXPENDITURES	$284,279	$80,117	$119,940	$200,056	$287,627	
						
EXCESS REVENUES (EXPENDITURES)	$0	$195,936	($111,699)	$84,237	$0	
				
Net Assessments	
$	203,354	
Add: Discounts & Collection 		12,980  Gross Assessments  $	216,334 

Product Type	
Units	
ERU	Total
ERU	Gross O&M
Per Unit	Net O&M
Per Unit	
Townhouse	304	0.6	182	$133.66	$125.64	
Single-Family 40'	337	0.9	303	$200.50	$188.47	
Single-Family 45'	101	1.0	101	$222.78	$209.41	
Single-Family 50'	249	1.1	274	$245.05	$230.35	
Single-Family 60'	85	1.3	111	$289.61	$272.23	
	1076		971			

Tapestry
Community Development District
Budget Narrative Fiscal Year 2025

REVENUES

Special Assessments-Tax Roll
The District will levy a Non-Ad Valorem assessment on platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.

Expenditures - Administrative

Supervisors Fees
Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Engineering
The District's engineer, Hanson, Walter, & Associates, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc.
Attorney
The District's legal counsel, Kutak Rock LLP, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.
Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records by an Independent Certified Public Accounting firm. The District has contracted with Grau & Associates.

Assessment Roll Administration
The District has contracted with Governmental Management Services-Central Florida LLC to levy and administer the collection of non-ad valorem assessments on all assessable property within the District.
Arbitrage Rebate
The District has contracted with AMTEC to annually calculate the District’s Arbitrage Rebate Liability on the Series 2016 Special Assessment Revenue Bonds.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for its Series 2016 Special Assessment Revenue Bonds.
Trustee Fees
The District has issued the Series 2016 Special Assessment Revenue Bonds with fees relating to the Trustee at Regions Bank.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.
Information Technology
Represents various cost of information technology with Governmental Management Services-Central Florida LLC for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection,
Website Maintenance
Represents the costs with Governmental Management Services – Central Florida, LLC associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.
Communication - Telephone
New internet and Wi-Fi service for Office.
Postage and Delivery
Actual postage and/or freight used for District mailings including vendor checks and other correspondence.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies.
Printing and Binding
Copies used in the preparation of required mailings and other special projects.

Tapestry
Community Development District
Budget Narrative Fiscal Year 2025

Expenditures - Administrative (continued)

Legal Advertising
The District is required to advertise various notices for Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Property Appraiser
Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

Expenditures – Field

Field Management
The District has contracted with Governmental Management Services-Central Florida, LLC to provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, attend Board meetings and receive and respond to property owner phone calls and emails.
Property Insurance
The District’s property insurance coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Landscape Maintenance
The District has contracted with Blade Runners Commercial Landscaping to provide monthly landscape services to common areas overseen by the District.
Description	Monthly	Annual
Landscaping Maintenance	$4,200	$50,400

Landscape Contingency
Represents estimated costs for any additional landscape expenditure not covered under the monthly landscape maintenance
Lake Maintenance
The District has contracted with Applied Aquatic Management, Inc. to schedule inspections and treatments of aquatic weeds and algae within CDD lakes.
Description	Monthly	Annual	
Lake Maintenance - 5 Lakes	$740	$8,883	
Contingency		$444	
	Total	$9,327	
Stormwater Maintenance
The District will incur costs related to maintaining the storm water systems. The amount is based on estimated costs.
Wetland Maintenance
The District will incur costs related to maintaining the wetlands located within its boundaries. The amount is based on estimated
Description	Quarterly	Annual

Plant Replacement

Wetland Maintenance

$1,150	$4,600

Represents estimated costs related to the possible replacement of landscaping needed throughout the fiscal year.
General Repairs & Maintenance
Represents estimated costs related to repairs and maintenance across commons areas in the District boundaries.

Midge Management
Represents the contracted monthly fee for Midge Management with Clarke Environmental.		
Description	Monthly	Annual	
Midge Maintenance	$3,266	$39,186	
Contingency		$189	
	Total	
$39,375	
Expenditures – Field (continued)			
Contingency
Represents unforeseen field expenditures not budgeted for in other line items.			

Tapestry
Community Development District
Proposed Budget
Debt Service Series 2016 Special Assessment Revenue Bonds

Adopted Budget
FY2025

Actuals Thru	Projected Next	Projected Thru
2/28/25

Description

	7 Months	

9/30/25

Proposed Budget
FY 2026

REVENUES:

Special Assessments-On Roll	$465,237	$446,527	$18,711	$465,237	$465,237	
Interest Earnings	$22,158	$10,578	$14,810	$25,388	$12,694	
Carry Forward Surplus (1)	$235,116	$275,981	$0	$275,981	$303,346	
TOTAL REVENUES	$722,511	$733,086	$33,520	$766,606	$781,278	

EXPENDITURES:						
Interest - 11/1	$151,630	$151,630	$0	$151,630	$148,230	
Interest - 5/1	$151,630	$0	$151,630	$151,630	$148,230	
Principal - 5/1	$160,000	$0	$160,000	$160,000	$170,000	
TOTAL EXPENDITURES	$463,260	$151,630	$311,630	$463,260	$466,460	
						
EXCESS REVENUES (EXPENDITURES)	$259,251	$581,456	($278,109.56)	$303,346	$314,818	

 Interest 11/1/26	$144,150 

Net Assessments	$	465,237	
Add: Discounts & Collection	$	29,696	
Gross Assessments	$	494,933	

Product Type	
Units	
ERU	Total
ERU	Gross Debt
Per Unit	Net Debt
Per Unit	
Townhouse	304	0.6	182	$307	$287	
Single-Family 40'	337	0.9	303	$460	$431	
Single-Family 45'	101	1.0	101	$511	$479	
Single-Family 50'	249	1.1	274	$562	$527	
Single-Family 60'	85	1.3	111	$664	$623	
	1076		971			

Tapestry
Community Development District
AMORTIZATION SCHEDULE
Debt Service Series 2016 Special Assessment Revenue Bonds

Period

Outstanding Balance

Coupons

Principal

Interest

Annual Debt Service

11/01/24	6,185,000	4.250%	-	151,630	151,630.00	
05/01/25	6,185,000	4.250%	160,000	151,630		
11/01/25	6,025,000	4.250%	-	148,230	459,860.00	
05/01/26	6,025,000	4.800%	170,000	148,230		
11/01/26	5,855,000	4.800%	-	144,150	462,380.00	
05/01/27	5,855,000	4.800%	180,000	144,150		
11/01/27	5,675,000	4.800%	-	139,830	463,980.00	
05/01/28	5,675,000	4.800%	185,000	139,830		
11/01/28	5,490,000	4.800%	-	135,390	460,220.00	
05/01/29	5,490,000	4.800%	195,000	135,390		
11/01/29	5,295,000	4.800%	-	130,710	461,100.00	
05/01/30	5,295,000	4.800%	205,000	130,710		
11/01/30	5,090,000	4.800%	-	125,790	461,500.00	
05/01/31	5,090,000	4.800%	215,000	125,790		
11/01/31	4,875,000	4.800%	-	120,630	461,420.00	
05/01/32	4,875,000	4.800%	225,000	120,630		
11/01/32	4,650,000	4.800%	-	115,230	460,860.00	
05/01/33	4,650,000	4.800%	235,000	115,230		
11/01/33	4,415,000	4.800%	-	109,590	459,820.00	
05/01/34	4,415,000	4.800%	250,000	109,590		
11/01/34	4,165,000	4.800%	-	103,590	463,180.00	
05/01/35	4,165,000	4.800%	260,000	103,590		
11/01/35	3,905,000	4.800%	-	97,350	460,940.00	
05/01/36	3,905,000	4.800%	275,000	97,350		
11/01/36	3,630,000	5.000%	-	90,750	463,100.00	
05/01/37	3,630,000	5.000%	285,000	90,750		
11/01/37	3,345,000	5.000%	-	83,625	459,375.00	
05/01/38	3,345,000	5.000%	300,000	83,625		
11/01/38	3,045,000	5.000%	-	76,125	459,750.00	
05/01/39	3,045,000	5.000%	315,000	76,125		
11/01/39	2,730,000	5.000%	-	68,250	459,375.00	
05/01/40	2,730,000	5.000%	335,000	68,250		
11/01/40	2,395,000	5.000%	-	59,875	463,125.00	
05/01/41	2,395,000	5.000%	350,000	59,875		
11/01/41	2,045,000	5.000%	-	51,125	461,000.00	
05/01/42	2,045,000	5.000%	370,000	51,125		
11/01/42	1,675,000	5.000%	-	41,875	463,000.00	
05/01/43	1,675,000	5.000%	390,000	41,875		
11/01/43	1,285,000	5.000%	-	32,125	464,000.00	
05/01/44	1,285,000	5.000%	405,000	32,125		
11/01/44	880,000	5.000%	-	22,000	459,125.00	
05/01/45	880,000	5.000%	430,000	22,000		
11/01/45	450,000	5.000%	-	11,250	463,250.00	
05/01/46	450,000	5.000%	450,000	11,250	461,250.00	
Total			$6,185,000	$4,118,240	$10,303,240	

Tapestry
Community Development District
Non-Ad Valorem Assessments Comparison 2025-2026

Neighborhood	O&M Units	Bonds 2016
Units	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	

Townhouse	

304	

304	

$133.66	

$133.66	

$0.00	

$305.80	

$305.80	

$0.00	

$439.46	

$439.46	

$0.00	
Single-Family 40'	337	337	$200.49	$200.49	$0.00	$458.70	$458.70	$0.00	$659.19	$659.19	$0.00	
Single-Family 45'	101	101	$222.77	$222.77	$0.00	$509.66	$509.66	$0.00	$732.43	$732.43	$0.00	
Single-Family 50'	249	249	$245.05	$245.05	$0.00	$560.63	$560.63	$0.00	$805.68	$805.68	$0.00	
Single-Family 60'	85	85	$289.60	$289.60	$0.00	$662.56	$662.56	$0.00	$952.17	$952.17	$0.00	
Total	1076	1076						

Townhouse	

304	

304	

$40,633.64	

$40,633.64	

$0.00	

$92,962.45	

$92,962.45	

$0.00	

$133,596.10	

$133,596.10	

$0.00	
Single-Family 40'	337	337	$67,566.80	$67,566.80	$0.00	$154,580.66	$154,580.66	$0.00	$222,147.46	$222,147.46	$0.00	
Single-Family 45'	101	101	$22,499.99	$22,499.99	$0.00	$51,475.92	$51,475.92	$0.00	$73,975.91	$73,975.91	$0.00	
Single-Family 50'	249	249	$61,017.29	$61,017.29	$0.00	$139,596.58	$139,596.58	$0.00	$200,613.88	$200,613.88	$0.00	
Single-Family 60'	85	85	$24,616.32	$24,616.32	$0.00	$56,317.72	$56,317.72	$0.00	$80,934.04	$80,934.04	$0.00	
	1076	1076										

Gross Assessments			

$216,334.04	

$216,334.04	

$0.00	

$494,933.33	

$494,933.33	

$0.00	

$711,267.38	

$711,267.38	

$0.00	
Less: Discount	4.00%		$8,653.36	$8,653.36	$0.00	$19,797.33	$19,797.33	$0.00	$28,450.69	$28,450.69	$0.00	
Less: Commission fees	2.00%		$4,326.68	$4,326.68	$0.00	$9,898.67	$9,898.67	$0.00	$14,225.35	$14,225.35	$0.00	
Net Assessments	$203,354.00	$203,354.00	$0.00	$465,237.33	$465,237.33	$0.00	$668,591.34	$668,591.34	$0.00	

Section VII

Section B

Section 1

HA NSO N, W ALT ER & A SSO CI AT ES, IN C.
PROFESSIONAL ENGINEERING, SURVEYING & PLANNING

March 19, 2025

Tapestry Community Development District Attn: Ms. Tricia Adams, District Manager 219 E. Livingston St.
Orlando, FL 32801
Re:	Tapestry CDD Hourly Rate Increase Request HWA Job # 5042

Dear Ms. Adams,
It has been a pleasure and an honor to be with the firm serving as District Engineer since 2014 and look forward to being able to continue serving the District in the future. We have successfully assisted with and completed numerous projects over the past 11 years and hope that the District has been satisfied with all aspects of our services and personnel over an extraordinary length of time. Our firm prides itself in servicing all of our clients as a partner to the best of our ability to achieve the successful outcome expected, and the Tapestry Community Development District is no exception.

That being said, there does come a time when we have to evaluate our firm’s compensation in providing engineering and surveying services on an ongoing basis. We have been pleased to be able to provide our services for the past 11 years at the same hourly rate since day one and just like any industry or profession out there, our costs increase annually in the normal course of a growing economy and with inflation. Admittedly, we have been behind on this request, especially considering the last four to five years in which the cost of labor, materials, and equipment has risen dramatically.

At this time, we would like to present our firm’s current hourly rate schedule, which has been in effect for the past couple of years to the District. Attached is a summary of our current rates with the District which have been in effect since 2014 and our new rates for the Board of Supervisor’s review, consideration and approval and would ask they become effective June 1, 2025.
If you have any questions, comments, or concerns we would be happy to discuss them with you in an effort to continue being able to move forward in serving as your District Engineer.

Sincerely,
Mark Vincutonis, P.E.

8 Broadway, Suite 104 – Kissimmee, Florida 34741-5708 – Phone: 407-847-9433 Engineering Fax: 321-442-1045 – Surveying Fax: 407-847-2499 – Email: hwa@hansonwalter.com

Tapestry CDD Hourly Fee Rates	

Position / Employee / Labor	Current Hourly Rate Since 2014	New Hourly Rate	
Principal	$200.00	$330.00	
Principal Land Surveyor	$105.00	$200.00	
Project Manager	$125.00	$200.00	
Associate Land Surveyor	$95.00	$175.00	
GPS Survey Crew	$135.00	$175.00	
Engineer	$85.00	$165.00	
Survey Field Crew	$125.00	$155.00	
Inspector	$75.00	$150.00	
Land Planner	$75.00	$150.00	
Constuction Manager	$75.00	$150.00	
Senior Design Technician (CAD)	$70.00	$140.00	
Design Technician (CAD)	$65.00	$125.00	
Project Coordinator	$50.00	$100.00	
Accounting Services	$50.00	$90.00	
Secretarial Services	$37.00	$75.00	
Expenses (% Markup)	
Prints 24"x36" / 30"x42"	2.00 / 3.00	2.00 / 3.00	
Sub-Consultant Services	15%	15%	
Overnight/Courier Services (UPS)	20%	20%	
Permit/Application Fees	10%	10%	
Printing/Graphics/Postage	20%	20%	
Out of Town Expenses	30%	30%	

Section C

Section 1

Tapestry
Community Development District

Summary of Check Register

June 1, 2024 to February 28, 2025

Bank	Date	Check No.'s	Amount

General Fund		
	6/4/24	634-635	$	7,109.51	
	6/11/24	636	$	450.00	
	6/18/24	637	$	3,800.00	
	6/25/24	638-640	$	7,033.33	
	7/2/24	641	$	4,000.00	
	7/11/24	642-643	$	6,184.14	
	7/18/24	644-645	$	2,759.50	
	7/25/24	646-647	$	5,078.26	
	8/1/24	648-650	$	9,823.26	
	8/15/24	651-652	$	5,427.65	
	8/22/24	653	$	3,109.51	
	8/30/24	654	$	1,250.00	
	9/5/24	655-656	$	13,578.00	
	9/12/24	657-658	$	5,786.14	
	9/27/24	659-661	$	12,618.80	
	10/1/24	662-663	$	4,126.50	
	10/14/24	664-665	$	5,740.84	
	10/24/24	666-668	$	1,294.17	
	10/31/24	669-670	$	5,444.49	
	11/7/24	671	$	4,000.00	
	11/14/24	672	$	5,546.14	
	11/21/24	673	$	669.00	
	12/6/24	674-676	$	804,265.00	
	12/12/24	677	$	5,628.91	
	12/19/24	678	$	6,219.02	
	1/9/25	679-681	$	12,701.41	
	1/21/25	682-685	$	434,559.95	
	2/10/25	686-687	$	4,348.01	
	2/26/25	688	$	5,634.84	

Total Amount $	1,388,186.38

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	1
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/04/24 00022	6/01/24 4059271	202406 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-JUN24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000634
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/04/24 00023	5/15/24 00103245 202405 320-53800-46800	*	3,109.51
MOSQUITO MAINT-MAY24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000635
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00016	6/06/24 6606-06- 202406 310-51300-31200	*	450.00
ARBITRAGE S2016 FY24
AMTEC	450.00 000636
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/24 00010	2/05/24 25176	202402 310-51300-32200	*	3,800.00
AUDIT FYE 09/30/2023
GRAU AND ASSOCIATES	3,800.00 000637
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/24 00015	5/31/24 220066	202405 320-53800-46400	*	631.00
POND MAINTENANCE-MAY24
APPLIED AQUATIC MANAGEMENT, INC.	631.00 000638
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/24 00023	6/17/24 00103323 202406 320-53800-46800	*	3,109.51
MOSQUITO MAINT-JUN24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000639
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/24 00012	6/20/24 06202024 202406 300-20700-10200	*	3,292.82
ASSESSMENT TSFR S2016
TAPESTRY CDD C/O REGIONS BANK	3,292.82 000640
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/02/24 00022	7/16/24 4059380	202407 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-JUL24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000641
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/11/24 00001	7/01/24 341	202407 310-51300-34000	*	3,443.92
MANAGEMENT FEES-JUL24
7/01/24 341	202407 310-51300-35200	*	66.67
WEBSITE ADMIN-JUL24
7/01/24 341	202407 310-51300-35100	*	100.00
INFORMATION TECH-JUL24
7/01/24 341	202407 310-51300-31300	*	291.67
DISSEMINATION SVCS-JUL24
7/01/24 341	202407 310-51300-42000	*	83.48
POSTAGE-JUL24
7/01/24 341	202407 310-51300-42500	*	36.90
COPIES-JUL24
7/01/24 342	202407 320-53800-12000	*	1,250.00
FIELD MANAGEMENT-JUL24
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	2
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/01/24 342	202407 310-51300-48000	*	197.00
ORLANDO SENTINEL-JUL24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,469.64 000642
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/11/24 00006	6/30/24 09573411 202406 310-51300-48000	*	714.50
NOT OF BUDGET/BOS MEETING
TRIBUNE PUBLISHING COMPANY LLC DBA	714.50 000643
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/18/24 00015	6/30/24 220873	202406 320-53800-46400	*	631.00
POND MAINTENANCE-JUN24
APPLIED AQUATIC MANAGEMENT, INC.	631.00 000644
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/18/24 00018	7/17/24 3423668	202406 310-51300-31500	*	2,128.50
GEN COUNSEL-5/6-6/27/24
KUTAK ROCK LLP	2,128.50 000645
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/25/24 00023	7/15/24 00103409 202407 320-53800-46800	*	3,109.51
MOSQUITO MAINT-JUL24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000646
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/25/24 00009	7/18/24 5291462	202406 310-51300-31100	*	1,968.75
ENGINEERING SVCS-JUN24
HANSON, WALTER & ASSOCIATES, INC.	1,968.75 000647
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/01/24 00015	7/15/24 221212	202407 320-53800-46400	*	631.00
POND MAINTENANCE-JUL24
APPLIED AQUATIC MANAGEMENT, INC.	631.00 000648
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/01/24 00022	8/01/24 4059453	202408 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-AUG24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000649
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/01/24 00001	6/01/24 339	202406 310-51300-34000	*	3,443.92
MANAGEMENT FEES-JUN24
6/01/24 339	202406 310-51300-35200	*	66.67
WEBSITE ADMIN-JUN24
6/01/24 339	202406 310-51300-35100	*	100.00
INFORMATION TECH-JUN24
6/01/24 339	202406 310-51300-31300	*	291.67
DISSEMINATION SVCS-JUN24
6/30/24 346	202406 320-53800-46500	*	1,290.00
POND TRASH REMOVAL
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,192.26 000650
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/24 00001	8/01/24 343	202408 310-51300-34000	*	3,443.92
MANAGEMENT FEES-AUG24
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	3
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN

DATE	DATE	
	8/01/24	
	8/01/24	
	8/01/24	
	8/01/24	
	8/01/24	
	8/01/24	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
343	202408 310-51300-35200	*	66.67
WEBSITE ADMIN-AUG24
343	202408 310-51300-35100	*	100.00
INFORMATION TECH-AUG24
343	202408 310-51300-31300	*	291.67
DISSEMINATION SVCS-AUG24
343	202408 310-51300-51000	*	.09
OFFICE SUPPLIES-AUG24
343	202408 310-51300-42000	*	48.30
POSTAGE-AUG24
345	202408 320-53800-12000	*	1,250.00
FIELD MANAGEMENT-AUG24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,200.65 000651
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/24 00006	7/31/24 09732111 202407 310-51300-48000	*	227.00
REQ FOR PROP FOR AUDIT
TRIBUNE PUBLISHING COMPANY LLC DBA	227.00 000652
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/22/24 00023	8/15/24 00103483 202408 320-53800-46800	*	3,109.51
MOSQUITO MAINT-AUG24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000653
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/30/24 00001	6/01/24 340	202406 320-53800-12000	*	1,250.00
FIELD MANAGEMENT-JUN24
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,250.00 000654
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/05/24 00022	9/01/24 4059531	202409 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-SEP24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000655
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/05/24 00003	8/30/24 08302024 202409 300-15500-10000	*	9,578.00
FY25 INSURANCE POLICY
EGIS INSURANCE ADVISORS, LLC	9,578.00 000656
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/12/24 00015	8/31/24 222229	202408 320-53800-46400	*	631.00
LAKE MAINTENANCE-AUG24
APPLIED AQUATIC MANAGEMENT, INC.	631.00 000657
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/12/24 00001	9/01/24 347	202409 310-51300-34000	*	3,443.92
MANAGEMENT FEE-SEPT24
9/01/24 347	202409 310-51300-35200	*	66.67
WEBSITE ADMIN-SEPT24
9/01/24 347	202409 310-51300-35100	*	100.00
INFORMATION TECH-SEPT24
9/01/24 347	202409 310-51300-31300	*	291.67
DISSEMINATION SVCS-SEPT24
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	4
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/01/24 347	202409 310-51300-51000	*	.12
OFFICE SUPPLIES-SEPT24
9/01/24 347	202409 310-51300-42000	*	2.76
POSTAGE-SEPT24
9/01/24 348	202409 320-53800-12000	*	1,250.00
FIELD MANAGEMENT-SEP24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,155.14 000658
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/27/24 00023	9/16/24 00103527 202409 320-53800-46800	*	3,109.51
MOSQUITO MAINT-SEP24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000659
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/27/24 00001	9/15/24 349	202409 300-15500-10000	*	2,783.00
ASSESSMENT ROLL-FY25
GOVERNMENTAL MANAGEMENT SERVICES-CF	2,783.00 000660
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/27/24 00012	9/25/24 09252024 202409 300-20700-10200	*	6,726.29
DEBT ASSESS TSFR-S2016
TAPESTRY CDD C/O REGIONS BANK	6,726.29 000661
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/24 00022 10/01/24 4059604	202410 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-OCT24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000662
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/24 00018	9/30/24 3454792A 202408 310-51300-31500	*	96.00
ATTORNEY SVCS-AUG24
9/30/24 3454792J 202407 310-51300-31500	*	120.50

- - - - - - - -	KUTAK ROCK
- - - - - - - - - - - - - - - - - - - - - - - -	LLP
- - - - - -	- - - - - -	-	-	- -	-	-	-	-	-	- - - - -	-	216.50
- - - -	000663
- - -	
10/14/24 00005	10/01/24 91159	202410 310-51300-54000					*						175.00				
	SPECIAL DISTRICT FEE FY25															
	DEPARTMENT	OF ECONOMIC	OPPORTUNITY											175.00	000664	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	- - - - - -	- - - - - -	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
10/14/24 00001	10/01/24 351	202410 310-51300-34000					*						3,750.00				
	MANAGEMENT FEE-OCT24															
	10/01/24 351	202410 310-51300-35200					*						70.00				

ATTORNEY SVCS-JUL24

WEBSITE ADMIN-OCT24
10/01/24 351	202410 310-51300-35100	*	105.00
INFORMATION TECH-OCT24
10/01/24 351	202410 310-51300-31300	*	306.25
DISSEMINATION SVCS-OCT24
10/01/24 351	202410 310-51300-51000	*	.09
OFFICE SUPPLIES-OCT24
10/01/24 351	202410 310-51300-42000	*	22.00
POSTAGE-OCT24
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	5
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/01/24 352	202410 320-53800-12000	*	1,312.50
FIELD MANAGEMENT-OCT24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,565.84 000665
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/24 00015	9/30/24 222876	202409 320-53800-46400	*	631.00
POND MAINTENANCE-SEP24
APPLIED AQUATIC MANAGEMENT, INC.	631.00 000666
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/24 00001	8/31/24 350	202408 320-53800-46500	*	500.00
DRAIN INSPECT/TRASH CLEAN
GOVERNMENTAL MANAGEMENT SERVICES-CF	500.00 000667
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/24 00006	9/30/24 10118942 202409 310-51300-48000	*	163.17
NOTICE OF MEETINGS-FY25
TRIBUNE PUBLISHING COMPANY LLC DBA	163.17 000668
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/31/24 00001	9/30/24 353	202409 320-53800-46500	*	965.00
CLEAN TRASH AROUND PONDS
9/30/24 354	202409 320-53800-47100	*	4,451.99
INSTALL GAMBUSIA/SHRIMPS
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,416.99 000669
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/31/24 00018 10/25/24 3468617	202409 310-51300-31500	*	27.50
ATTORNEY SVCS-SEP24
KUTAK ROCK LLP	27.50 000670
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/07/24 00022 11/01/24 4059676	202411 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-NOV24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000671
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/14/24 00001 11/01/24 355	202411 310-51300-34000	*	3,750.00
MANAGEMENT FEES-NOV24
11/01/24 355	202411 310-51300-35200	*	70.00
WEBSITE ADMIN-NOV24
11/01/24 355	202411 310-51300-35100	*	105.00
INFORMATION TECH-NOV24
11/01/24 355	202411 310-51300-31300	*	306.25
DISSEMINATION SVCS-NOV24
11/01/24 355	202411 310-51300-51000	*	.12
OFFICE SUPPLIES-NOV24
11/01/24 355	202411 310-51300-42000	*	2.27
POSTAGE-NOV24
11/01/24 356	202411 320-53800-12000	*	1,312.50
FIELD MANAGEMENT-NOV24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,546.14 000672
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	6
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/21/24 00015 10/31/24 223672	202410 320-53800-46400	*	669.00
POND MAINTENANCE-OCT24
APPLIED AQUATIC MANAGEMENT, INC.	669.00 000673
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/06/24 00022 12/01/24 4059724	202412 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-DEC24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000674
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/06/24 00018 11/26/24 3484898	202410 310-51300-31500	*	265.00
ATTORNEY SVCS-OCT24
KUTAK ROCK LLP	265.00 000675
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/06/24 00024 12/05/24 12052024 202412 300-15100-10000	*	800,000.00
TRANSFER EXCESS FUNDS
TAPESTRY CDD C/O SBA	800,000.00 000676
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/12/24 00001 12/01/24 357	202412 310-51300-34000	*	3,750.00
MANAGEMENT FEES-DEC24
12/01/24 357	202412 310-51300-35200	*	70.00
WEBSITE ADMIN-DEC24
12/01/24 357	202412 310-51300-35100	*	105.00
INFORMATION TECH-DEC24
12/01/24 357	202412 310-51300-31300	*	306.25
DISSEMINATION SVCS-DEC24
12/01/24 357	202412 310-51300-42000	*	85.16
POSTAGE-DEC24
12/01/24 358	202412 320-53800-12000	*	1,312.50
FIELD MANAGEMENT-DEC24
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,628.91 000677
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/19/24 00023 11/28/24 00103560 202410 320-53800-46800	*	3,109.51
MOSQUITO MAINT-OCT24
11/29/24 00103561 202411 320-53800-46800	*	3,109.51
MOSQUITO MAINT-NOV24
CLARKE ENVIRONMENTAL MOSQUITO	6,219.02 000678
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/09/25 00022	1/01/25 4059800	202501 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-JAN24
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000679
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/09/25 00023 12/16/24 00103565 202412 320-53800-46800	*	3,109.51
MOSQUITO MAINT-DEC24
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000680
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/09/25 00001	1/01/25 359	202501 310-51300-34000	*	3,750.00
MANAGEMENT FEES-JAN25
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	7
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN

DATE	DATE	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
359	202501 310-51300-35200	*	70.00
WEBSITE ADMIN-JAN25
359	202501 310-51300-35100	*	105.00
INFORMATION TECH-JAN25
359	202501 310-51300-31300	*	306.25
DISSEMINATION SVCS-JAN25
359	202501 310-51300-42000	*	48.15
POSTAGE-JAN25
360	202501 320-53800-12000	*	1,312.50
FIELD MANAGEMENT-JAN25
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,591.90 000681
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/21/25 00015 11/30/24 224530	202411 320-53800-46400	*	669.00
POND MAINTENANCE-NOV24
12/31/24 225155	202412 320-53800-46400	*	669.00
POND MAINTENANCE-DEC24
APPLIED AQUATIC MANAGEMENT, INC.	1,338.00 000682
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/21/25 00023	1/15/25 99990001 202501 320-53800-46800	*	3,109.51
MOSQUITO MAINT-JAN25
CLARKE ENVIRONMENTAL MOSQUITO	3,109.51 000683
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/21/25 00018	1/21/25 31513078 202412 310-51300-31500	*	213.50
ATTORNEY SVCS-DEC24
1/21/25 3513078- 202411 310-51300-31500	*	144.50
ATTORNEY SVCS-NOV24
KUTAK ROCK LLP	358.00 000684
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/21/25 00012	1/17/25 01172025 202501 300-20700-10200	*	429,664.44
FY25 DEBT SER ASSESSMENT
TAPESTRY CDD C/O REGIONS BANK	429,664.44 000685
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/10/25 00022	2/01/25 4059862	202502 320-53800-46200	*	4,000.00
LANDSCAPE MAINT-FEB25
BLADE RUNNERS COMMERCIAL LANDSCAPIN	4,000.00 000686
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/10/25 00011	1/23/25 2018873	202501 310-51300-49100	*	348.01
2024 TAX ROLL
OSCEOLA COUNTY PROPERTY APPRAISER	348.01 000687
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/25 00001	2/01/25 361	202502 310-51300-34000	*	3,750.00
MANAGEMENT FEES FEB25
2/01/25 361	202502 310-51300-35200	*	70.00
WEBSITE ADMIN FEB25
2/01/25 361	202502 310-51300-35100	*	105.00
INFORMATION TECH FEB25
TAP2 TAPESTRY	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/19/25	PAGE	8
*** CHECK DATES 06/01/2024 - 02/28/2025 ***	TAPESTRY GENERAL FUND
BANK A TAPESTRY-GENERAL FUN
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/01/25 361	202502 310-51300-31300	*	306.25
DISSEMINATION SVCS FEB25
2/01/25 361	202502 310-51300-51000	*	.27
OFFICE SUPPLIES FEB25
2/01/25 361	202502 310-51300-42000	*	90.82
POSTAGE FEB25
2/01/25 362	202502 320-53800-12000	*	1,312.50
FIELD MANAGEMENT FEB25
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,634.84 000688
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	1,388,186.38
TOTAL FOR REGISTER	1,388,186.38

TAP2 TAPESTRY	HHENRY

Section 2

Tapestry
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

1	Balance Sheet

2	General Fund

3	Debt Service Fund

4	Month to Month

5	Long Term Debt Summary

6	Assessment Receipt Schedule

Tapestry
Community Development District Combined Balance Sheet February 28, 2025

	General Fund	Debt Service Fund	Totals Governmental Funds	
Assets:				
Cash Investments Series 2016
Reserve	$	253,668

$	-	$	-

$	471,417	$	253,668

$	471,417	
Revenue	$	-	$	560,751	$	560,751	
Interest	$	-	$	81	$	81	
Principal	$	-	$	301	$	301	
Redemption	$	-	$	26	$	26	
Investments:
State Board Administration	
$	800,000	
$	-	
$	800,000	
Prepaid Expenses	$	-	$	-	$	-	
Due From General Fund	$	-	$	20,765	$	20,765	
Total Assets	$	1,053,668	$	1,053,340	$	2,107,009	
Liabilities:
Accounts Payable	

$	3,779	

$	-	$	3,779	
Due To Debt Service	$	20,765	$	-	$	20,765	
Total Liabilities	$	24,544	$	-	$	24,544	

Fund Balances:
Restricted for:			
Debt Service Series 2016	$	-	$	1,053,340	$	1,053,340	
Unassigned	$	1,029,125	$	-	$	1,029,125	
Total Fund Balances	$	1,029,125	$	1,053,340	$	2,082,465	
				
Total Liabilities & Fund Balance	$	1,053,668	$	1,053,340	$	2,107,009	

Tapestry
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues		
Non-Ad Valorem Assessments	$	203,354	$	195,153	$	195,153	$	-	
Interest	$	54	$	23	$	29	$	6	
Miscellanous Income	$	-	$	-	$	-	$	-	
Total Revenues	$	203,408	$	195,176	$	195,182	$	6	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	4,000	$	1,667	$	-	$	1,667	
FICA Expense	$	153	$	64	$	-	$	64	
Engineering	$	10,000	$	4,167	$	-	$	4,167	
Attorney	$	12,000	$	5,000	$	623	$	4,377	
Annual Audit	$	3,800	$	1,583	$	-	$	1,583	
Assessment Administration	$	2,783	$	2,783	$	2,783	$	-	
Arbitrage	$	450	$	188	$	-	$	188	
Dissemination	$	3,675	$	1,531	$	1,531	$	-	
Trustee Fees	$	3,500	$	1,458	$	-	$	1,458	
Management Fees	$	45,000	$	18,750	$	18,750	$	-	
Information Technology	$	1,260	$	525	$	525	$	-	
Website Administration	$	840	$	350	$	350	$	-	
Telephone	$	300	$	125	$	-	$	125	
Postage	$	800	$	333	$	248	$	85	
Insurance	$	8,710	$	8,710	$	7,662	$	1,048	
Printing & Binding	$	500	$	208	$	-	$	208	
Legal Advertising	$	2,500	$	1,042	$	-	$	1,042	
Other Current Charges	$	2,000	$	833	$	418	$	415	
Office Supplies	$	500	$	208	$	0	$	208	
Property Appraiser	$	600	$	250	$	348	$	(98)	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	103,546	$	49,951	$	33,415	$	16,536	

Operations and Maintenance Expenses					
Field Expenses
Field Management	
$	15,750	
$	6,563	
$	6,563	
$	-	
Property Insurance	$	10,000	$	10,000	$	1,916	$	8,084	
Landscape Maintenance	$	48,000	$	20,000	$	20,000	$	-	
Landscape Contingency	$	17,000	$	7,083	$	-	$	7,083	
Lake Maintenance	$	8,883	$	3,701	$	2,676	$	1,025	
Stormwater Maintenance	$	20,000	$	8,333	$	-	$	8,333	
Wetland Maintenance	$	4,600	$	1,917	$	-	$	1,917	
General Repairs & Maintenance	$	11,000	$	4,583	$	-	$	4,583	
Midge Management	$	37,500	$	15,625	$	15,548	$	77	
Contingency	$	8,000	$	3,333	$	-	$	3,333	
Total Operations and Maintenance Expenses	$	180,733	$	81,139	$	46,702	$	34,437	
					
Total Expenditures	$	284,279	$	131,089	$	80,117	$	50,973	
					
Excess Revenues (Expenditures)	$	(80,870)		$	115,066		
					
Fund Balance - Beginning	$	80,870		$	914,059		
					
Fund Balance - Ending	$	-		$	1,029,125		

Tapestry
Community Development District Debt Service Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues		
Special Assessments	$	464,000	$	446,527	$	446,527	$	-	
Interest	$	-	$	-	$	10,578	$	10,578	
Total Revenues	$	464,000	$	446,527	$	457,105	$	10,578	

Expenditures:					
General & Administrative:					
Interest Payment - 11/1	$	154,456	$	154,456	$	151,163	$	3,294	
Principal Payment - 5/1	$	155,000	$	-	$	-	$	-	
Interest Payment - 5/1	$	154,456	$	-	$	-	$	-	
Total Expenditures	$	463,913	$	154,456	$	151,163	$	3,294	
					
Excess Revenues (Expenditures)	$	88		$	305,942		
					
Fund Balance - Beginning	$	221,446		$	747,398		
					
Fund Balance - Ending	$	221,533		$	1,053,340		

Tapestry
Community Development District Month to Month

	Oct	Nov	Dec	Jan	Feb	Mar		Apr		May		Jun		Jul		Aug		Sep	Total	
Revenues																				
Non-Ad Valorem Assessments	$	-	$	18,769	$	168,939	$	4,095	$	3,350  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	195,153	
Interest	$	8	$	8	$	7	$	5	$	2  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	29	
Total Revenues	$	8	$	18,777	$	168,946	$	4,100	$	3,352  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	195,182	
Expenditures:																				
General & Administrative:																				
Supervisor Fees	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
FICA Expense	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Engineering	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Attorney	$	265	$	145	$	214	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	623	
Annual Audit	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Assessment Administration	$	2,783	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	2,783	
Arbitrage	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Dissemination	$	306	$	306	$	306	$	306	$	306  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	1,531	
Trustee Fees	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Management Fees	$	3,750	$	3,750	$	3,750	$	3,750	$	3,750  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	18,750	
Information Technology	$	105	$	105	$	105	$	105	$	105  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	525	
Website Administration	$	70	$	70	$	70	$	70	$	70  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	350	
Telephone	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Postage	$	22	$	2	$	85	$	48	$	91  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	248	
Insurance	$	7,662	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	7,662	
Printing & Binding	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Legal Advertising	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Other Current Charges	$	80	$	81	$	82	$	88	$	87  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	418	
Office Supplies	$	0	$	0	$	-	$	-	$	0  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	0	
Property Appraiser	$	-	$	-	$	-	$	348	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	348	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	175	
Total General & Administrative:	$	15,218	$	4,459	$	4,612	$	4,716	$	4,410  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	33,415	

Operations and Maintenance Expenses																				
Field Expenses
Field Management	
$	1,313	
$	1,313	
$	1,313	
$	1,313	
$	1,313  $		
-  $		
-  $		
-  $		
-  $		
-  $		
-  $		
-  $	6,563	
Property Insurance	$	1,916	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	1,916	
Landscape Maintenance	$	4,000	$	4,000	$	4,000	$	4,000	$	4,000  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	20,000	
Landscape Contingency	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Lake Maintenance	$	669	$	669	$	669	$	669	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	2,676	
Stormwater Maintenance	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Wetland Maintenance	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Midge Management	$	3,110	$	3,110	$	3,110	$	3,110	$	3,110  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	15,548	
Contingency	$	-	$	-	$	-	$	-	$	-  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	-	
Total Operations and Maintenance Expenses	$	11,007	$	9,091	$	9,091	$	9,091	$	8,422  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	46,702	
																				
Total Expenditures	$	26,225	$	13,550	$	13,703	$	13,807	$	12,832  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	80,117	
																				
Excess Revenues (Expenditures)	$	(26,217)	$	5,227	$	155,243	$	(9,707)	$	(9,480)  $		-  $		-  $		-  $		-  $		-  $		-  $		-  $	115,066	

Tapestry
Community Development District Long Term Debt Report

SERIES 2016, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	3.625%, 4.250%, 4.800%, 5.000%	
MATURITY DATE:	5/1/2046	
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$464,000	
RESERVE FUND BALANCE	$471,417	
BONDS OUTSTANDING - 4/1/16	$7,285,000	
LESS: MAY 1, 2017 (MANDATORY)	($120,000)	
LESS: MAY 1, 2018 (MANDATORY)	($125,000)	
LESS: MAY 1, 2019 (MANDATORY)	($130,000)	
LESS: MAY 1, 2020 (MANDATORY)	($135,000)	
LESS: MAY 1, 2021 (MANDATORY)	($140,000)	
LESS: MAY 1, 2022 (MANDATORY)	($145,000)	
LESS: MAY 1, 2023 (MANDATORY)	($150,000)	
LESS: MAY 1, 2024 (MANDATORY)	($155,000)	
CURRENT BONDS OUTSTANDING	$6,185,000	

Tapestry
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$	216,330.99	$	494,982.63	$	711,313.62	
	Net Assessments	$	203,351.13	$	465,283.67	$	668,634.80	
ON ROLL ASSESSMENTS		

30.41%	

69.59%	

100.00%	

Special Assessment Receipts Fiscal Year 2025

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	Series 2016 Debt Service	
Total	

11/15/24	
ACH	
$6,552.27	
($124.53)	
($325.85)	
$0.00	
$6,101.89	
$1,855.76	
$4,246.13	
$6,101.89	
11/21/24	ACH	$59,111.96	($1,134.95)	($2,364.63)	$0.00	$55,612.38	$16,913.33	$38,699.05	$55,612.38	
12/10/24	ACH	$576,966.86	($11,539.34)	($22,618.37)	$0.00	$542,809.15	$165,083.92	$377,725.23	$542,809.15	
12/10/24	ACH	$12,677.32	$0.00	$0.00	$0.00	$12,677.32	$3,855.54	$8,821.78	$12,677.32	
01/07/25	ACH	$10,035.26	($200.68)	($295.05)	$0.00	$9,539.53	$2,901.25	$6,638.28	$9,539.53	
01/07/25	ACH	$3,542.72	($70.85)	($86.55)	$0.00	$3,385.32	$1,029.57	$2,355.75	$3,385.32	
01/28/25	ACH	$0.00	$0.00	$0.00	$539.83	$539.83	$164.18	$375.65	$539.83	
02/07/25	ACH	$10,841.60	($216.83)	($212.49)	$0.00	$10,412.28	$3,166.67	$7,245.61	$10,412.28	
02/07/25	ACH	$621.71	($12.42)	($7.14)	$0.00	$602.15	$183.13	$419.02	$602.15	
03/08/25	ACH	$4,102.99	($82.06)	($40.22)	$0.00	$3,980.71	$1,210.65	$2,770.06	$3,980.71	
03/08/25	ACH	$987.23	($19.74)	$0.00	$0.00	$967.49	$294.24	$673.25	$967.49	
	TOTAL	$	685,439.92	$	(13,401.40)	$	(25,950.30)	$	539.83	$	646,628.05	$	196,658.24	$	449,969.81	$	646,628.05	

97%
$	22,006.75

Net Percent Collected Balance Remaining to Collect

Section D

Tapestry CDD
Field Management Report

March 25th, 2025 Jarett Wright Field Manager GMS

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Tapestry CDD Field Management Report | GMS 2025

Site Items

Pond Erosion

Tract L (Pond 1) has erosion on the southeast corner of the pond bank.
GMS staff will coordinate with the District Engineer to review the area.
Installing riprap on the shoreline in the effected areas should help to mitigate future erosion.

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Tapestry CDD Field Management Report | GMS 2025

Site Items

Stormwater Structure Repairs

The Pond 3 mitered end has cracked and needs to be repaired. Currently gathering quotes for this work. There is erosion around the Pond 1 mitered end on both sides of the structure. Recommend adding dirt fill and riprap around the structure.

3

Tapestry CDD Field Management Report | GMS 2025

Sinking pavers are being repaired by GMS maintenance staff.
Gathering quotes to repair the damage sections of block in the retaining wall. Declining plant material is being replaced at both overlooks now that the dormancy period has ended.

Site Items

Pond Overlook Repairs

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Tapestry CDD Field Management Report | GMS 2025

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-750-3599, or by email at JWright@gmscfl.com. Thank you.

Respectfully, Jarett Wright

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Tapestry CDD Field Management Report | GMS 2025