Board of Supervisors
Preliminary Budget Meeting & Regular Meeting April 19, 2023

505 Whiskey Creek Drive, Marco Island, FL 34145

Anyone wishing to listen and participate in the meeting can do so by calling 1-888-468-1195, Participant Pin 636522.

Additionally, participants are encouraged to submit questions and comments to the District Manager in advance to facilitate the Board's consideration of such questions and comments during the meeting.

The agenda is as follows:

Call to Order/Roll Call
Approval of Agenda
Public Comments
Approval of Minutes
February 15, 2023 Regular Meeting Minutes
Old Business
Road Usage Fee Study Proposal
New Business
Attorney Report
Engineer Report
Pavement Repair Bid Solicitation
Update on Catch Basin Cleaning
Supervisors’ Requests
District Manager Report
Acceptance of Financials Ending March 31, 2023
Review of 2023-2024 Preliminary Budget
Resolution 2023-06 Setting Budget Hearing Date
FEMA Update
Public Comments
Set Next Meeting Date:
June 21, 2023
Adjournment

1
2
3
4
5
Appearances

Key Marco Community Development District Regular Meeting
February 15, 2023 Not Approved

Mary Beth Schewitz, Chairman
Luanne Kerins, Co-Chair
Terri Stanton
Lynn Domenici (Via Speakerphone)
John Esposito (Via Speakerphone)
Also Present
Joshua Carter, District Manager
Dave Schmitt, Hole Montes (Via Speakerphone)
Greg Urbancic, District Counsel (Via Speakerphone)
16
17	CALL TO ORDER/ROLL CALL
18
19	The meeting was called to order by the Chairman at 8:35 AM, and it was noted that all
20	members were in attendance.
21
22	APPROVAL OF AGENDA
23	A memorandum focused on proposed pricing for catch basin inspection was provided by David
24	Schmidt of Hole Montes and added to the Engineer’s Report.
25

On a voice vote by Mrs. Kerins and a second by Mrs. Schewitz, the amended agenda was unanimously approved.

26
27
28
29
30	APPROVAL OF MINUTES
31
32	November 16, 2022 Landowners’ Meeting
33	A typo in line 44 of the November 16, 2022 Minutes was noted and would require revision.

On a voice vote by Mrs. Stanton and a second by Mrs. Kerins, the revised November 16, 2022 Landowners’ Meeting Minutes were unanimously approved.

34
35
36
37
38	November 16, 2022 Regular Meeting

On a voice vote by Mrs. Kerins and a second by Mrs. Stanton, the November 16, 2022 Regular Meeting Minutes were unanimously approved.

39
40
41
42
43	OLD BUSINESS

44
45	No Old Business was discussed at this time.
46
47	NEW BUSINESS
48
Security Services Contractor Selection
Mr. Carter submitted proposals from three competing Security Services vendors to the board of
supervisors.
Securitas, the Districts current security provider proposed a cost of $135,137.60 per year.
Allied Universal proposed a cost of $122,262.00 per year.
Sunstates Security proposed a cost of $115,605.00 per year.
Mr. Carter noted that Securitas had turnover and lost their site supervisor at Key Marco’s
Guardhouse. The company had backfilled the position and had put 3 different guards in the
position since November, commuting to Key Marco from Estero to Lehigh Acres. Mr. Carter
noted that in speaking with Allied Universal and Sunstates management, both firms staffed
gates in the south Naples area and pulled more local resources.
After discussion, Mrs. Schewitz noted that Sunstates Security had appeared to focus heavily on
professionalism and were a smaller more customer focused firm than the national players
proposed.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Kerins, the motion to approve Sunstates Security’s proposal for security services at Key Marco Guardhouse was approved unanimously.

63
64
65
66
Mr. Carter noted that Securitas would require 30 days’ notice before their post could end on
the site and Mrs. Schewitz suggested April 1 as a tentative start date for the new provider.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Stanton, the motion to give 30 days’ notice to Securitas and terminate the security services contract was approved unanimously.

69
70
71
72
FY2022 Audit Proposal
Mr. Carter submitted the audit renewal proposal submitted by Grau and Associates to the
Board of Supervisors. Mr. Carter noted that the total cost of the service was set not to exceed
$5,700 and he could provide preliminary items to the firm once approved. Mrs. Schewitz noted
that the price had increased since the prior year and the auditor delivered the report late in
Fiscal year 2021. Mr. Carter noted that the folks at Grau noted that the FY2021 Audit was late
due to illness within their office and had been assured they would deliver on time for FY2022.
Mr. Carter noted that for the next fiscal year it may be of value to start the RFQ process and he
would work alongside Mr. Urbancic to prepare for this and follow up in a future meeting.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Kerins, the motion to approve Grau & Associates proposal for Audit Services for the 2022 Fiscal Year was approved unanimously.

82
83
84
85
86

Request for Consideration, Mike McNees, Manager, City of Marco Island
1.  Mike McNees, Manager for the City of Marco Island attended the meeting and asked if
it were possible for the City of Marco Island to provide a blanket fee to Key Marco to
allow for biking within Key Marco’s roadways for Marco Island Residents without paying
the road use fee in place. Mr. McNees noted that residents of Marco Island find the fee
expensive for families seeking to ride in Key Marco and wanted to determine if they can
pay on the front end to allow Marco residents to bypass the road use fee.
Mrs. Schewitz noted that the road use fee was put in place to offset the impact of public
traffic on the roadways maintained by Key Marco Landowners and referenced the
methodology used to develop the fee, noting that a blanket fee would not be in
proportion to use of vehicles as intended by the findings of the methodology and study.
Mr. Carter noted that asking Key Marco’s guardhouse security contractor to
differentiate members of the public by Marco Island resident vs non-Marco Resident
could cause difficulties, as many of the residents of Marco Island are seasonal and may
have a different address on their drivers license.
After discussion, it was determined that the request for consideration of a blanket fee
for access to Key Marco by Marco Island Residents would not be viable.
104
Request for Consideration, Pamela Libby, Water Distribution Manager, Collier County
1.  Proposed Water Quality Panel to be installed at Marina Parking Lot
Ms. Libby did not attend the meeting. Mr. Carter noted that he had met with Ms. Libby
and she noted that Collier County Water Distribution was keen to have an automated
water quality panel installed at the end of Blue Hill Creek Drive West, in the marina
parking lot where the existing flushing station currently exists. Mr. Carter noted that the
panel would allow for Collier County to monitor the water remotely rather than come to
the Key Marco site and manually test each day but would require that up to two parking
spots in the Key Marco Marina Parking lot be taken by the device. Mr. Carter noted that
in his meeting with Collier County, no benefit to the Key Marco Landowners or district
was mentioned. Mr. Carter noted that the automated panel would flush the system
once levels reached a certain point and would disrupt Key Marco’s current water
recapture system, which captures the flushed water at 2:00 PM on the County’s
standard flushing schedule and allows for its use in irrigation. Mrs. Schewitz noted that
without the recapture system engaged, flushed water would run over Blue Hill Creek
Drive into residential lots as it did prior to the recapture system installation and cause
harm to public interest.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Kerins, the motion to decline the proposed water quality panel due to harm to public interest was passed unanimously.

122
123
124
125
126
127	ATTORNEY’S REPORT
128

129	Mr. Urbancic noted that a bill had been introduced at the state level to require to supervisors
130	to take an educational course. The bill had not yet passed, and Mr. Urbancic noted that he
131	would keep the board updated if any action is required.
132
133	ENGINEER’S REPORT
134
135	Post Hurricane Road Inspection Report
136	Mr. Schmitt noted that following the completion of the diving inspection of Key Marco’s
137	roadways, no damage was identified resulting from Hurricane Ian to either Whiskey Creek or
138	Blue Hill Creek Drive.
139	Updates on Catch Basin Inspection & Cleaning
140	Mr. Schmitt noted that there are a handful of catch basins along the Key Marco roadways that
141	are clogged and require inspection. Mr. Schmitt provided a memorandum with proposed
142	pricing from Sewer Viewer to have the clogged catch basins inspected for damage at a cost of
143	$2,800.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Stanton, the motion to approve the proposed catch basin inspection was passed unanimously.

144
145
146
147
148
149
150
151	SUPERVISORS’ REQUESTS
152
153	Mrs. Stanton asked if it would be possible to gather information on replacement street light
154	poles for Blue Hill Creek Drive East as many of the poles had not been replaced over time. Mr.
155	Carter noted that he would be happy to work on identifying vendors for replacement poles.

On a voice vote by Mrs. Schewitz, seconded by Mrs. Kerins, the motion to gather pricing for replacement street light poles was approved unanimously.

156
157
158
159
160
161
162	DISTRICT MANAGER’S REPORT
163
164	Acceptance of the Financial Statement – Year Ending September 30, 2022

On a voice vote by Mrs. Schewitz, seconded by Mrs. Domenici, the Year End September 30, 2022, Financial Statements were approved unanimously.

165
166
167
168
169	Acceptance of Financials Ending January 31, 2023
170

On a voice vote by Mrs. Schewitz, seconded by Mrs. Kerins, the financials ending January 31, 2023 were approved unanimously.

171
172
173
174

175	Update on Tour De Marco Event
176
Mr. Carter noted that the YMCA was set to have their annual Tour De Marco event on February
26, 2023. Mr. Carter noted that the 30 mile route for experienced bikers would include Key
Marco’s roadways and participants would be passing through the community between 9:00 AM
– 11:00 AM during the event. Mr. Carter noted that he had worked alongside the YMCA event
coordinator to have trash cans placed at the start of the community and emphasized the
importance of keeping Key Marco clean during and after the event. Mr. Carter noted that riders
would be instructed not to trespass into the Key Marco Marina, clubhouse or residential
properties and remain on the road at all times. The YMCA was notified that there would be no
restrooms accessible to the public on the Key Marco section of the event.
186
187	Update on FEMA and Hurricane Recovery
188
Mr. Carter noted that he was continuing to work alongside FEMA for reimbursement of Key
Marco’s Debris, emergency safety measures and infrastructure costs incurred as a result of
Hurricane Ian. Mr. Carter noted that Key Marco’s damage inventory submissions were
completed and all documentation required had been provided to FEMA. Mr. Carter noted that
the projects would be reviewed by FEMAs Resource Center and he would provide an update
during a future meeting.
195
Mr. Carter noted that Casagrande had been on site to inspect the Bridge Street lights that were
damaged following Hurricane Ian. Mr. Carter noted that Casagrande had installed new bulbs,
but they were the incorrect brightness, 3000K rather than 5000K which give a soft white color
rather than a bright white as the current lights. Mr. Carter noted that he followed up with
Casagrande and is working on scheduling their team to come back out with correct bulbs.
PUBLIC COMMENT
A public comment was made by Mr. Herbert Krutisch asking about Qualified Public Depositors
and current interest accrued by Key Marco Community Development District. Mrs. Schewitz
noted that Key Marco Community Development District’s Money Market Account was accruing
little interest and Mr. Urbancic noted that he would provide Mr. Carter with a list of Qualified
Public Depositors the District could investigate for a better interest rate and maintain FDIC
coverage.
208
NEXT MEETING
The next meeting will be held in April on the 19th at 8:30 AM ET
211

The meeting was then adjourned at 11:20 AM on a Motion by Mrs. Domenici and a second by Mrs. Stanton. The motion was passed unanimously.

212	ADJOURNMENT
213
214

flSHKIND
•• LITIGATION SERVICES-

PROPOSAL

TO:

Mr. Joshua Carter, District Manager Key Marco COD

Digitally signed by HankFlshlcind,

FROM:

Hank Fishkind, Ph.D., President

Hank Fishkind, Ph.D. Ph.o.
oate:2023.02.os 14:29:23--0s·oo·

SUBJECT:

DATE: VIA:

Update Study
Roadway Usage Analysis for Key Marco COD February 5, 2023
Email only to: josh@managerkeymarco.org

Scope of Work

Background

Fishkind & Associates, Inc., the predecessor to Fishkind Litigation Services, Inc. ("FLS") provided Key Marco COD with its analysis of roadway usage on September 7, 2018. Therein, we recommended updating the analysis periodically to maintain fair and equitable fees. The scope of work outlined below, provides an update to the 2018 study.

Task Plan

Task 1  Database Development

There are two sets of data that are the foundation for the update study. First, is the Districts latest adopted budget. Second, are data for the volume of trips passing through the gate broken out for guests, visitors, and contractors. The District will provide these data to FLS.

Task 2  Analysis of Direct Costs and Trip Volumes

FLS will analyze tne District's budget and isolate the costs directly associated with gate operations and maintenance. FLS will examine the trip volumes and determine the costs associated with the types of trips. Based on these considerations, FLS will recommend an updated fee schedule.

Task 3	Report of Findings

FLS will render our findings in a formal report that the District may use to
. support an update to its fee schedule.

Task 4	Meetings and Presentations

FLS will be available at mutually agreeable times and places to present and to discuss our findings.

Fee Proposal, Timetable, Staffing, and Payment Terms

Fee Proposal

Ourfee proposal for Tasks 1-4 is $7,500.

Timetable

FLS will deliver our report no later than March 6, 2023.

FLS Staffing

Tony DiNardo, CPA, will be the lead investigator.
Hank Fishkind, Ph.D., will provide guidance and analysis.

2.2	Payment Terms

No retainer is needed to initiate this project. Payment is due upon the deliver of our report. For convenience our wiring instructions are as follows:

Authorization to Proceed

To authorize us to proceed as outlined above, please sign below and return an executed copy of this agreement and wire the retainer to our account. When both are received, we will commence our work.

Should you have any questions concerning this proposal, please feel free to give me a call.
Disputes and questions concerning our work are rare, but they do sometimes occur.	It is our firm's policy to keep our clients satisfied if possible.	If you have a question about our work, please bring it to our attention as soon as possible. Litigation concerning our work is very rare. However, if there should be such an unhappy circumstance, the matter shall be subject to Florida law with the prevailing side to be compensated for reasonable attorney's fees and costs.

To authorize us to proceed, please sign below and return a copy.

Name:

Title:

Date:

10:48 AM	Key Marco Community Development District
04/13/23	Balance Sheet
Accrual Basis	As of March 31, 2023

Mar 31, 23

ASSETS
Current Assets Checking/Savings		
Fifth Third Money Market	460,095.80	
Fifth Third Public Fund	471,199.08	
Total Checking/Savings	931,294.88	
Total Current Assets	931,294.88	
TOTAL ASSETS	931,294.88	
LIABILITIES & EQUITY		
Liabilities
Current Liabilities Accounts Payable
Accounts Payable	

6,452.32	
Total Accounts Payable	6,452.32	
Total Current Liabilities	6,452.32	
Total Liabilities	6,452.32	
Equity		
Retained Earnings	876,664.79	
Net Income	48,177.77	
Total Equity	924,842.56	
TOTAL LIABILITIES & EQUITY	931,294.88	

10:49 AM	Key Marco Community Development District
04/13/23	Profit & Loss Budget Performance
Accrual Basis	March 2023

Mar 23	Budget	Oct '22 - Mar 23	YTD Budget	Annual Budget

Income		
FEMA Proceeds	0.00		0.00		0.00		0.00		0.00	
Interest Income	44.03		41.66		261.40		250.04		500.00	
Maintenance Assessements (4%)	-16.00		-670.00		-4,691.68		-4,020.00		-8,040.00	
Maintenance Assessments - Levy	1,600.00		17,866.66		174,491.77		107,200.04		214,400.00	
Miscellaneous Income	0.00		0.00		1.00		0.00		0.00	
Road Use Fee Revenue	1,118.60		416.66		3,942.39		2,500.04		5,000.00	
Total Income	2,746.63		17,654.98		174,004.88		105,930.12		211,860.00	
Gross Profit	2,746.63		17,654.98		174,004.88		105,930.12		211,860.00	
Expense										
ACCESS CONTROL										
Contractural Services	0.00		0.00		0.00		0.00		0.00		
Operating Supplies	0.00		0.00		0.00		0.00		0.00		
R&M Gatehouse	0.00		0.00		0.00		0.00		0.00		
R&M Gates	0.00		0.00		0.00		0.00		0.00		
Utilities	0.00		0.00		0.00		0.00		0.00		
Total ACCESS CONTROL		0.00		0.00		0.00		0.00		0.00	
ADMINISTRATION											
Accounting Services	0.00		0.00		0.00		0.00		0.00		
Assessment Rolls	0.00		0.00		1,000.00		1,000.00		1,000.00		
Attorney Fees	507.50		416.66		5,916.50		2,500.04		5,000.00		
Audit Fees	0.00		0.00		0.00		0.00		5,500.00		
Bank Fees	0.00		0.00		0.00		0.00		0.00		
Computer- Website Support	0.00		50.00		440.00		300.00		600.00		
Dues, Licenses, Subscriptions	0.00		0.00		175.00		175.00		175.00		
Engineering Fees	2,738.75		750.00		6,695.00		4,500.00		9,000.00		
FICA Taxes	0.00		0.00		0.00		0.00		0.00		
Insurances	153.33		0.00		30,308.65		30,000.00		30,000.00		
Legal Advertising	0.00		83.33		1,722.00		500.02		1,000.00		
Management Fees	0.00		0.00		0.00		10.00		10.00		
Office Supplies	0.00		25.00		0.00		150.00		300.00		
Postage	16.17		0.00		16.17		0.00		0.00		
Property Appraiser	0.00		85.00		547.03		510.00		1,020.00		
Property Tax Collector (2%)	31.68		424.83		3,357.12		2,549.02		5,098.00		
Rentals & Leases	0.00		30.00		349.85		180.00		360.00		
Supervisor Expenses	0.00		416.66		3,000.00		2,500.04		5,000.00		
Trascription Costs	0.00		83.33		0.00		500.02		1,000.00		
Total ADMINISTRATION	3,447.43	2,364.81	53,527.32	45,374.14	65,063.00	
CAPITAL EXPENDITURES & PROJECTS						
Bridge Inspection Reserves	0.00	416.67	18,808.75	2,499.98	5,000.00	
Bridge Painting	0.00	2,250.00	0.00	13,500.00	27,000.00	
Bridge Reserves	0.00	1,500.00	0.00	9,000.00	18,000.00	
Contigency Reserves	0.00	0.00	0.00	180.00	7,614.50	
Gate Access Control	0.00	0.00	0.00	0.00	0.00	
Gatehouse Gates	0.00	0.00	0.00	0.00	0.00	
Landscape Improvements	0.00	0.00	0.00	0.00	0.00	
Roads	0.00	5,833.33	0.00	35,000.02	70,000.00	
Roads - Root Barrier	0.00	0.00	0.00	0.00	0.00	
Solar Streetlighting	0.00	1,000.00	0.00	6,000.00	12,000.00	
Street Lighting	0.00	0.00	0.00	0.00	0.00	
Total CAPITAL EXPENDITURES & PROJE...	
0.00	
11,000.00	
18,808.75	
66,180.00	
139,614.50	
Hurricane Ian Expenses						
Hurricane Ian Debris Cleanup	0.00		47,720.00			
Hurricane Ian Gatehouse Repair	0.00		3,067.22			
Hurricane Ian Irrigation Repair	0.00		2,703.82			
Total Hurricane Ian Expenses	
0.00		
53,491.04			
Irrigation Services	0.00	0.00	0.00	0.00	0.00	
ROADWAY SERVICES						
Repairs & Maintenance	0.00	1,000.00	0.00	6,000.00	12,000.00	
Total ROADWAY SERVICES	
0.00	
1,000.00	
0.00	
6,000.00	
12,000.00	
STREET LIGHTING						
Holiday Decor	0.00	0.00	0.00	0.00	0.00	
R&M - General	0.00	0.00	0.00	0.00	0.00	
Utilities - Electric	0.00	0.00	0.00	0.00	0.00	
Total STREET LIGHTING	
0.00	
0.00	
0.00	
0.00	
0.00	

10:49 AM	Key Marco Community Development District
04/13/23	Profit & Loss Budget Performance
Accrual Basis	March 2023
	
Mar 23		
Budget		
Oct '22 - Mar 23		
YTD Budget		
Annual Budget	
Total Expense	3,447.43		14,364.81		125,827.11		117,554.14		216,677.50	
Net Income	-700.80		3,290.17		48,177.77		-11,624.02		-4,817.50	

4:25 PM
,,,---... 04/06/23

Key Marco Community Development District

	Fifth Third Public Fund, Period Ending 03/31/2023	

Reconciliation Summ;a..r. y

Mar 31, 23
Beginning Balance	472,959.51
Cleared Transactions			
Checks and Payments - 12 items	-3,510.40		
Deposits and Credits - 3 items	2,711.05		
Total Cleared Transactions	-799.35		
Cleared Balance		472,160.16	
Uncleared Transactions
Checks and Payments - 6 items	
-2,132.43		
Deposits and Credits - 2 items	1,171.35		
Total Uncleared Transactions	-961.08		
Register Balance as of 03/31/2023		471,199.08	
New Transactions			
Checks and Payments - 2 items	-2,892.08		
Total New Transactions	-2,892.08		
Ending Balance		468,307.00	

4:25 PM
04/06/23
r

Key Marco Community Development District
Reconciliation Detail
Fifth Third Public Fund, Period Ending 03/31/2023

Type	Date	Num	Name	Cir	Amount	Balance

 
Beginning Balance
Cleared Transactions
Checks and Payments - 12 items
Bill Pmt-Check	01/31/2023	1212
Bill Pmt-Check	01/31/2023	1215
Bill Pmt-Check	01/31/2023	1214
Bill Pmt -Check	01/31/2023	1216
Bill Pmt-Check	01/31/2023	1213
Bill Pmt -Check	02/28/2023	1221
Bill Pmt -Check	02/28/2023	1217
Bill Pmt-Check	02/28/2023	1218
Bill Pmt-Check	02/28/2023	1219
Bill Pmt -Check	03/02/2023	1222
Bill Pmt -Check	03/02/2023	1223
Bill Pmt -Check	03/02/2023	1224

Hole Montes	X
Naples Daily News	 X Preferred Governme... X Exploritech, Inc.	 X Robert Flinn Record... X Luanne Kerins	X
Mary Beth Schewitz    X
Terri Stanton	X
Lynn Narath	X
Coleman, Yovanovic... X Robert Flinn Record... X Collier County Tax C...   X

-1,337.50
-406.00
-153.33
-140.00
-74.95
-200.00
-200.00
-200.00
-200.00
-507.50
-74.95
-16.17

472,959.51

-1,337.50
-1,743.50
-1,896.83
-2,036.83
-2,111.78
-2,311.78
-2,511.78
-2,711.78
-2,911.78
-3,419.28
-3,494.23
-3,510.40

Total Checks and Payments
Deposits and Credits - 3 items

-3,510.40	-3,510.40

Deposit Deposit Deposit

03/06/2023
03/31/2023
03/31/2023

X	1,552.32
X	40.13
X	1,118.60

1,552.32
1,592.45
2,711.05

Total Deposits and Credits Total Cleared Transactions
Cleared Balance
Uncleared Transactions
Checks and Payments - 6 items

2,711.05	2,711.05

-799.35	-799.35

-799.35	472,160.16

Check
General Journal Check
Bill Pmt -Check Bill Pmt -Check Bill Pmt -Check

09/28/2020	2689S
09/30/2020	2020-09
09/30/2020	50006
11/08/2021	1118
11/18/2021	1121
02/28/2023	1220

Collier County Utilities

Luanne Kerins Naples Daily News
Coleman, Yovanovic... John Esposito

-116.88
-1,171.35
-184.70
-199.50
-260.00
-200.00

-116.88
-1,288.23
-1,472.93
-1,672.43
-1,932.43
-2,132.43

Total Checks and Payments

-2,132.43	-2,132.43

Deposits and Credits - 2 items	
General Journal	09/30/2020	2020-01	0.00	0.00	
General Journal	09/30/2021	2020-18	1,171.35	1,171.35	
Total Deposits and Credits	1,171.35		1,171.35	
Total Uncleared Transactions	-961.08		-961.08	
Register Balance as of 03/31/2023	-1,760.43		471,199.08	
New Transactions
Checks and Payments - 2 items	
Bill Pmt -Check	04/04/2023	1225	Hole Montes	-2,738.75	-2,738.75	
Bill Pmt -Check	04/04/2023	1226	Preferred Governme...	-153.33	-2,892.08	
Total Checks and Payments	-2,892.08		-2,892.08	
Total New Transactions	-2,892.08		-2,892.08	
Ending Balance	-4,652.51		468,307.00	

4:26 PM
,--	04/06/23

Key Marco Community Development District
Re.c...,onciliation Deta...i.l,

	Fifth Third Money Market, Period Ending 03/31/2023

Type	Date	Num	Name	Cir Beginning Balance
Cleared Transactions
Deposits and Credits - 1 item

Amount	Balance

460,091.90

Deposit		03/31/2023 Total Deposits and Credits
Total Cleared Transactions Cleared Balance
Uncleared Transactions
Deposits and Credits - 1 item
General Journal	09/30/2020	2020-01
Total Deposits and Credits Total Uncleared Transactions
Register Balance as of 03/31/2023
Ending Balance

X	3.90	3.90

3.90	3.90

3.90	3.90

3.90	460,095.80

0.00	0.00

0.00	0.00

0.00	0.00

3.90	460,095.80

3.90	460,095.80

,;_

4:26 PM

Key Marco Community Development District

,,.-----..,  04/06/23

Reconciliatio

....;.	,;,

n Summary

	Fifth Third Money Market, Period Ending 03/31/2023	

Beginning Balance
Cleared Transactions
Deposits and Credits - 1 item Total Cleared Transactions
Cleared Balance

Uncleared Transactions Deposits and Credits -1 item
Total Uncleared Transactions Register Balance as of 03/31/2023 Ending Balance

Mar 31, 23

460,091.90

3.90

3.90

460,095.80

0.00

0.00

460,095.80

460,095.80

PRELIMINARY - BUDGET	
FISCAL YEAR 2022-2023	

KEY MARCO	
COMMUNITY DEVELOPMENT DISTRICT	

April 19, 2023	
DRAFT #1 April 12, 2023	

KEY MARCO	
Community Development District	

TABLE OF CONTENTS

OPERATING BUDGET	PAGE #

General Fund

Summary of Revenues, Expenditures and Changes in Fund
Balance	
Page 1-2	

Budget Narrative	Page 3-5

Exhibit A - Allocation of Fund Balances	Page 6

KEY MARCO	
Community Development District	General Fund	

Adopted		Actual		Projected		Total		Proposed	
Budget		Thru		Next		Projected		Budget	
  FY 2022-2023 		  3/31/2023				6 Months			  9/30/2023			  FY 2023-2024 	

 DESCRIPTION		
REVENUES	

Maintenance Assessments - Levy	$214,400	$174,492	
Maintenance Assessments - Discounts (4%)	($8,040)	($4,692)	
Road Use Fee	$5,000	$3,942	
Interest Income	$500	$261	
FEMA Proceeds	$0	$0	
Miscellaneous Income	$0	$0	

$214,400	$2	
($8,040)	
$5,319	
$500	
$47,720	
$0	

	$39,908				14,400	
	($3,348)				($8,040)	
	$1,377				$5,000	
	$239				$500	
	$47,720				$0	
	$0				$0	
 TOTAL REVENUES				$211,860 			$174,004 			$85,896 			$259,899 			$211,860 	
EXPENDITURES											

Administrative	
Supervisors Fees	$5,000	$3,000	
Fica Taxes	$0	$0	
Engineering Fees	$9,000	$6,695	
Attorney Fees	$5,000	$5,917	
Management Fees	$10	$0	
Property Appraiser Admin Costs	$1,020	$547	
Assessments Rolls	$1,000	$1,000	
Tax Collector (2% Commission)	$5,098	$3,988	
Accounting Services	$0	$0	
Audit Fees	$5,000	$0	
Postage	$0	$16	
Rentals & Leases	$360	$350	
Insurance - General Liability	$30,922	$30,309	
Legal Advertising	$1,000	$1,722	
Bank Fees	$0	$0	
Transcribing Costs	$1,000	$0	
Computer Support	$600	$440	
Office Supplies	$300	$0	
Dues, Licenses, Subscriptions	$175	$175	

$2,000	$5,000	
$0	$0	
$5,000	$11,695	
$3,000	$8,917	
$10	$10	
$0	$547	
$0	$1,000	
$798	$4,786	
$0	$0	
$5,700	$5,700	
$0	$16	
$350	$700	
$920	$31,229	
$812	$2,534	
$0	$0	
$400	$400	
$160	$600	
$0	$0	
$0	$175	

$5,000	
$0	
$15,000	
$7,000	
$10	
$800	
$1,000	
$4,300	
$0	
$6,000	
$0	
$900	
$44,207	
$2,500	
$0	
$500	
$600	
$300	
$175	

    
 TOTAL ADMINISTRATIVE	 	$65,485  	$54,159  	$19,150  	$73,309  	$88,292 

$0	$0	$0	$0	$0

	 	$0  	$0  	$0  	$0  	$0 

$0	$0	$0	$0

	 	$0  	$0  	$0  	$0  	$0 

Capital Expenditures & Projects	
Roads	
Solar Streetlighting	
Bridge Reserves	
Bridge Inspection Reserves	
Bridge Painting	
Gatehouse Gates	
Gatehouse Paver Replacement	
 Gate Operator Replacement		
 TOTAL CAPITAL EXPENDITURES & PROJECTS		

$50,000	
$12,000	
$18,000	
$5,000	
$27,000	
$0	
$20,000	
       $0 	
    $132,000 	

$0	
$0	
$0	
$18,809	
$0	
$0	
$0	
       $0 	
    $18,809 	

$0	$0	
$0	$0	
$0	$0	
$0	$18,809	
$27,000	$27,000	
$0	$0	
$0	$0	
       $0  		$0 	
    $27,000  		$45,809 	

$50,000	
$12,000	
$18,000	
$5,000	
$0	
$5,000	
$0	
     $28,000 	
    $118,000 	

KEY MARCO	
Community Development District	General Fund	

Access Control	
Contractual Services	$0	$0	
Utilities-Electric	$0	$0	
R&M-Gate	$0	$0	
R&M-Gatehouse	$0	$0	
Operating Supplies-General	$0	$0	

$0	$0	
$0	$0	
$0	$0	
$0	$0	
$0	$0	

$0	
$0	
$0	
$0	
$0	

 Hurricane Ian Expenses			 			 			 			 		
 Misc - FEMA Expenses				$0 			$47,720 			$0 			$47,720 	
 Total Hurricane Ian Expenses				$0 			$47,720 			$0 			$47,720 	

Adopted		Actual		Projected		Total		Proposed	
Budget		Thru		Next		Projected		Budget	
  FY 2022-2023 		  3/31/2023				6 Months			  9/30/2023			  FY 2023-2024 	

 DESCRIPTION	
Lighting

$0	$0	$0	
$0	$0	$0	
$0	$0	$0	

$0	
$0	
$0	

Utilities-Electric	$0
R&M - General	$0
Misc.-Holiday Lighting	$0

 TOTAL LIGHTING	 	$0  	$0  	$0  	$0  	$0 

 TOTAL ACCESS CONTROL	

Road Maintenance			$0 			$0 			$0 			$0 			$0 	
Repairs & Maintenance Catch Basins & Culverts		$12,000		$0		$6,000		$6,000		$5,000	
 TOTAL FIELD				$12,000 			$0 			$6,000 			$6,000 			$5,000 	
										 		
											$0 	
											$0 	
 TOTAL EXPENDITURES				$209,485 		$120,687		$52,150		$125,117		$211,292	
											
 EXCESS REVENUES (EXPENDITURES)				$2,375 			$53,317 			$33,745 			$134,782 			$568 	

NET CHANGE IN FUND BALANCE		
$2,375		
$53,317		
$33,745		
$134,782		
$568	
FUND BALANCE - BEGINNING		$766,417		$766,417		$0		$766,417		$901,199	

FUND BALANCE - ENDING	$768,792	$819,734	$33,745	$901,199	$901,767	
				Net Assessment	$205,824	
				Discounts 4%		$8,576 	
Gross Assessment 	$214,400 	

Unit Type	
Single Family Hom	

# of Units	Gross
Per Unit	Gross
Total	
134	$1,600	$214,400	
134		$214,400	

KEY MARCO	
Community Development District	

EXHIBIT "A"	
Allocation of Fund Balances	

AVAILABLE FUNDS	AMOUNT	
Beginning Fund Balance - Fiscal Year 2023	 $901,199 	
Net Change in Fund Balance - Fiscal Year 2022	$0	
Reserves - Fiscal Year 2022 Additions	$0	
TOTAL FUNDS AVAILABLE (ESTIMATED) - 9/30/2023	$901,199	

ALLOCATION OF AVAILABLE FUNDS		

Assigned Fund Balance

Operating Reserve - First Quarter Operating
Capital	
$121,183	

Subtotal	 $121,183 	

TOTAL ALLOCATION OF AVAILABLE FUNDS	$121,183

TOTAL UNAASIGNED (UNDESIGNATED) CASH	 $780,016 

RESOLUTION 2023-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2023-2024 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (the “Board”) of Key Marco Community Development District (the “District”) a proposed budget for Fiscal Year 2023-2024 prior to June 15, 2023, a copy of which is attached hereto and made a part hereof as Exhibit “A”, and

WHEREAS, the Board has considered said proposed budget and desires to set the required public hearing thereon.

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

Section 1. Recitals. The foregoing recitals are true and correct and incorporated herein as if written into this Section.

Section 2. Proposed Budget. The proposed Budget submitted by the District Manager for Fiscal Year 2023-2024 and attached hereto as Exhibit “A” is hereby approved as the basis for conducting a public hearing to adopt said budget.

Section 3. Public Hearing. A public hearing on said approved budget is hereby declared and set for the following date, hour and location:

DATE:	June 21, 2023
HOUR:	8:30 a.m.
LOCATION:	Key Marco Community Center
505 Whiskey Creek Drive Marco Island, Florida 34145

Section 4. Submittal to Local Governing Authorities. The District Manager is hereby directed to submit a copy of the proposed budget to the City of Marco Island and Collier County at least sixty (60) days prior to the hearing date set forth above.

Section 5. Notice. Notice of this public hearing on the budget shall be published in a newspaper of general circulation in the area of the district once a week for two (2) consecutive weeks, except that the first publication shall not be fewer than fifteen (15) days prior to the date of the public hearing. The notice shall further contain a designation of the day, time, and place of the public hearing. At the time and place designated in the notice, the Board shall hear all objections

to the budget as proposed and may make such changes as the board deems necessary. Further, in accordance with Section 189.016, Florida Statutes the proposed budget will be posted on the District’s website at least two (2) days prior to budget public hearing.

Section 6. Severability. Should any sentence, section, clause, part or provision of this Resolution be declared by a court of competent jurisdiction to be invalid, the same shall not affect the validity of this Resolution as a whole, or any part thereof, other than the part declared invalid.

Section 7. Conflicts. All Sections or parts of Sections of any Resolutions or actions of the Board in conflict are hereby repealed to the extent of such conflict.
Section 8. Effective Date. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 19th day of April, 2023, by the Board of Supervisors of
Key Marco Community Development District, Collier County, Florida.

KEY MARCO COMMUNITY
Attest:	DEVELOPMENT DISTRICT

Joshua Carter, Secretary	Mary Beth Schewitz, Chair

Exhibit “A”