NatureWalk Community Development District

Financial Statements (Unaudited)

December 31, 2017

Prepared by: Rizzetta & Company, Inc.

naturewalkcdd.org rizzetta.com

NatureWalk Community Development District
Balance Sheet As of 12/31/2017 (In Whole Numbers)

General Fund		
Debt Service Fund		
Capital Projects Fund		Total Governmental Funds		General Fixed Assets Account Group		General Long-Term Debt Account Group	

Assets												
Cash In Bank	455,527		0		0		455,527		0		0	
Investments	10		692,052		1,601,624		2,293,687		0		0	
Accounts Receivable	211,063		7,716,218		0		7,927,281		0		0	
Bond Prepayments Receivable	0		0		0		0		0		0	
Allowance for Doubtful Accounts	(83,092)		(7,210,299)		(20,243)		(7,313,634)		0		0	
Accounts Receivable - Other	0		0		20,243		20,243		0		0	
Prepaid Expenses	0		0		0		0		0		0	
Deposits	1,540		0		0		1,540		0		0	
Due From Other Funds	0		67,125		0		67,125		0		0	
Amount Available in Debt Service	0		0		0		0		0		0	
Amount To Be Provided Debt Service	0		0		0		0		0		13,445,000	
Fixed Assets	0		0		0		0		15,386,614		0	
Total Assets	 	585,049 		 	1,265,096 		 	1,601,624 		 	3,451,769 		 	15,386,614 		 	13,445,000 	

Liabilities												
Accounts Payable	18,144		0		289,353		307,497		0		0	
Accrued Expenses Payable	9,192		0		0		9,192		0		0	
Other Current Liabilities	0		0		0		0		0		0	
Deferred Revenue	0		0		0		0		0		0	
Due To Other Funds	67,125		0		0		67,125		0		0	
Debt Service Obligations - Current	0		9,345,529		0		9,345,529		0		0	
Revenue Bonds Payable--Long Term	0		0		0		0		0		13,445,000	
Total Liabilities	94,462		9,345,529		289,353		9,729,344		0		13,445,000	

Fund Equity & Other Credits												
Beginning Fund Balance	265,273		(8,101,112)		1,809,479		(6,026,360)		15,386,614		0	
Net Change in Fund Balance	225,314		20,680		(497,208)		(251,215)		0		0	
Total Fund Equity & Other Credits	490,587		(8,080,433)		1,312,271		(6,277,575)		15,386,614		0	

Total Liabilities & Fund Equity	 	585,049	 	1,265,096	 	1,601,624	 	3,451,769	 	15,386,614	 	13,445,000 

See Notes to Unaudited Financial Statements

Revenues
Interest Earnings
Interest Earnings	0	0	0	0	0.00%	
Special Assessments						
Tax Roll	231,239	231,239	232,913	1,673	(0.72)%	
Off Roll	 	70,711 	 	70,711 	 	70,711 	 	0 	 	0.00%	
Total Revenues	 	301,950 	 	301,950 	 	303,623 	 	1,673 	 	(0.55)%	

Expenditures
Legislative
Supervisor Fees	9,600	2,400	0	2,400	100.00%	
Financial & Administrative						
Administrative Services	4,500	1,125	1,125	0	75.00%	
District Management	14,700	3,675	3,675	0	75.00%	
District Engineer	2,500	625	0	625	100.00%	
Disclosure Report	5,000	0	0	0	100.00%	
Trustees Fees	7,000	7,000	0	7,000	100.00%	
Financial & Revenue Collections	8,600	5,900	5,900	0	31.39%	
Accounting Services	14,000	3,500	3,500	0	74.99%	
Auditing Services	3,170	0	0	0	100.00%	
Arbitrage Rebate Calculation	600	0	0	0	100.00%	
Public Officials Liability Insurance	3,000	3,000	2,250	750	25.00%	
Legal Advertising	2,000	500	0	500	100.00%	
Dues, Licenses & Fees	175	175	175	0	0.00%	
Website Hosting, Maintenance, Backup	2,475	619	525	94	78.78%	
Legal Counsel						
District Counsel	20,000	5,000	1,452	3,548	92.74%	
Electric Utility Services						
Utility Services	14,000	3,500	3,293	207	76.48%	
Stormwater Control						
Aquatic Maintenance	3,600	900	870	30	75.83%	
Wetland Monitoring & Maintenance	1,000	250	0	250	100.00%	
Stormwater System Maintenance	3,000	750	383	368	87.25%	
Aquatic Plant Replacement	1,430	358	0	358	100.00%	
Other Physical Environment						
General Liability Insurance	4,000	4,000	2,500	1,500	37.50%	
Property Insurance	3,000	3,000	704	2,296	76.53%	
Landscape Maintenance	77,000	19,250	18,074	1,176	76.52%	
Irrigation Repairs	5,000	1,250	2,123	(873)	57.54%	
Ornamental Lighting & Maintenance	1,000	250	0	250	100.00%	
Well Maintenance	500	125	0	125	100.00%	
Tree Triming Services	1,500	375	0	375	100.00%	
Annual Mulching	57,000	14,250	16,635	(2,385)	70.81%	
Landscape Replacement Plants, Shrubs, Trees	2,000	500	1,595	(1,095)	20.25%	
Miscellaneous Expense/Rust Prevention	5,000	1,250	2,995	(1,745)	40.10%	
Road & Street Facilities						

Street Light Decorative Light Maintenance	3,000	750	1,819	(1,069)	39.36%	
Street Sign Repair & Replacement	500	125	790	(665)	(58.00)%	
Sidewalk Repair & Maintenance	1,100	275	0	275	100.00%	
Roadway Repair & Maintenance	1,000	250	0	250	100.00%	
Parks & Recreation						
Boardwalk & Bridge Maintenance	 	20,000 		 	5,000 		 	7,927 		 	(2,927)		 	60.36%	
Total Expenditures	 	301,950 		 	89,926 		 	78,310 		 	11,617 		 	74.07%	
Excess of Revenue Over (Under) Expenditures	0		212,024		225,314		13,290		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
212,024		
225,314		
13,290		
0.00%	

Fund Balance, Beginning of Period										
	0		0		265,273		265,273		0.00%	
Fund Balance, End of Period	 	0 		 	212,024 		 	490,587 		 	278,563 		 	0.00%	

Statement of Revenues and Expenditures 200 - Debt Service Fund
From 10/1/2017 Through 12/31/2017
(In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings
Interest Earnings	0		1,127		1,127		0.00%	
Special Assessments								
Tax Roll	70,925		70,373		(552)		(0.77)%	
Off Roll	338,620		338,620		0		0.00%	
Total Revenues	409,545		410,120		575		0.14%	

Expenditures
Financial & Administrative
Trustees Fees	0	11,440	(11,440)	0.00% Legal Counsel
Trustee Counsel	0		3,496		(3,496)		0.00%	
Debt Service								
Interest	274,545		361,843		(87,298)		(31.79)%	
Principal	135,000		0		135,000		100.00%	
Total Expenditures	409,545		376,779		32,767		8.00%	

Excess of Revenue Over (Under) Expenditures	
0		
33,341		
33,341		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		(387)		(387)		0.00%	
SPE Costs	0		(12,275)		(12,275)		0.00%	
Total Other Financing Sources (Uses)	0		(12,662)		(12,662)		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
20,680		
20,680		
0.00%	

Fund Balance, Beginning of Period								
	0		(8,101,112)		(8,101,112)		0.00%	
Fund Balance, End of Period	 	0 		 	(8,080,433)		 	(8,080,433)		 	0.00%	

Interest Earnings	0		3,344		3,344		0.00%	
Total Revenues	0		3,344		3,344		0.00%	

Expenditures
Other Physical Environment								
Improvements Other Than Buildings	0		500,939		(500,939)		0.00%	
Total Expenditures	0		500,939		(500,939)		0.00%	

Excess of Revenue Over (Under) Expenditures	
0		
(497,595)		
(497,595)		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		387		387		0.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		(497,208)		(497,208)		0.00%	

Fund Balance, Beginning of Period								
	0		1,809,479		1,809,479		0.00%	
Fund Balance, End of Period	 	0 		 	1,312,271 		 	1,312,271 		 	0.00%	

NatureWalk CDD Investment Summary December 31, 2017

Balance as of
Account	Investment	December 31, 2017

State Board of Administration	Local Government Investment Pool	$	10
Total General Fund Investments      $	10 
US Bank Series 2007A Interest	Fidelity Government Port Cl III	$	2
US Bank Series 2007B Interest	Fidelity Government Port Cl III	3
US Bank Series 2007A Reserve	Fidelity Government Port Cl III	170,804
US Bank Series 2007B Reserve	Fidelity Government Port Cl III	59,323
US Bank Series 2007A Prepayment	Fidelity Government Port Cl III	230,860
US Bank Series 2007AB Revenue	Fidelity Government Port Cl III	231,060

Total Debt Service Fund Investments     $	692,052 

US Bank Series 2007AB Construction	Fidelity Government Port Cl III	$	1,601,624

Total Capital Project Fund Investments     $	1,601,624 

				
9/30/2015	New NatureWalk, LLC	ORA2009NW.NWD	83,092.16	
10/1/2017	Tax Collector - Walton County	FY 17-18	92,616.02	
11/11/2017	KLP Destin, LLC	321-18-01	 	35,355.27 	
		Total 001 - General Fund	211,063.45	

Invoice Date	Customer Name	Invoice Number	Current Balance

				
11/25/2014	New NatureWalk, LLC	321-15-02	430,930.02	
9/30/2015	New NatureWalk, LLC	321-11-03	449,475.58	
9/30/2015	New NatureWalk, LLC	321-12-02	449,475.58	
9/30/2015	New NatureWalk, LLC	321-13-02R	430,928.68	
9/30/2015	New NatureWalk, LLC	321-14-02	430,928.68	
9/30/2015	New NatureWalk, LLC	ORA2009NW.NWD	451,554.49	
11/16/2015	New NatureWalk, LLC	321-16-02	205,750.40	
11/16/2015	New NatureWalk, LLC	321-16-03	4,361,255.34	
10/1/2016	New NatureWalk, LLC	321-17-02	205,750.40	
10/1/2017	Tax Collector - Walton County	FY 17-18	27,983.44	
11/11/2017	KLP Destin, LLC	321-18-01	66,434.81	
11/11/2017	New NatureWalk, LLC	321-18-02	 	205,750.40 	
		Total 200 - Debt Service Fund	7,716,217.82	

Invoice Date	Customer Name	Invoice Number	Current Balance

Report Balance	7,927,281.27

Vendor Name		Invoice Date		Invoice Number		Invoice		Current Balance	

Southeast Straw Co., Inc.		
10/9/2017		
21160		
Baled Pine Straw Installed 10/17		
16,634.75	
Hopping Green & Sams		12/11/2017		97575		General Legal Counsel 10/17-11/17		841.50	
GreenEarth Landscape Services LLC		12/20/2017		55788		Light Replacement on Magnolia		269.00	
		12/22/2017		55865		Irrigation Repairs		398.80	
						
Total 001 - General Fund		
18,144.05	

Vendor Name		Invoice Date		Invoice Number		Invoice		Current Balance	

GAC Contractors		
12/13/2017		
CR 92 GAC		
CR 92 GAC		
261,765.00	
The Lake Doctors, Inc.		12/13/2017		CR 93 The Lake Drs		CR 93 The Lake Drs		3,410.49	
Southland Utility Services, Inc.		12/13/2017		CR 94 Southland Utility Services, Inc.		CR 94 Southland Utility Services, Inc.		24,177.90	
						
Total 300 - Capital Projects Fund		
289,353.39	

Report Total								
307,497.44	

Inflows:	Debt Proceeds - Series A & B	$	16,735,569.81		
	Underwriter Discount	400,000.00		
	Total Bond Proceeds:	17,135,569.81		
	Interest Earnings	169,094.30		
	KLP Construction	250,000.00		
	Sale of Construction Materials	3,000.00		
	Due from New NatureWalk, LLC	20,243.35		
	Record Allowance for Doubtful Accounts	(20,243.35)		
	Transfer from Cap I	32,987.35		
	Transfer from Reserves	5,127.80		
	Transfer from Prepayment B	3,336.99		
	Transfer from Sinking	55.96		
	Total Inflows:	  $	17,599,172.21 		
Outflows:				
Requisition	Requisition	Contractor	Amount	Status With Trustee	
Date	Number		as of 12/31/17	
03/12/07	COI	Underwriters Discount	$	(400,000.00)	Cleared	
03/12/07	COI	Nabors Giblin & Nickerson	(45,000.00)	Cleared	
03/12/07	COI	Holland & Knight	(5,250.00)	Cleared	
03/12/07	COI	Prager, Sealy & Co	(5,000.00)	Cleared	
03/12/07	COI	Rizzetta & Company, Inc.	(30,000.00)	Cleared	
03/12/07	COI	Rizzetta & Company, Inc.	(5,000.00)	Cleared	
03/12/07	COI	Hopping Green & Sams	(12,460.01)	Cleared	
05/06/07	COI	Hopping Green & Sams-Overpayment	3,886.11	Cleared	
03/12/07	COI	NatureWalk CDD	(13,425.49)	Cleared	
04/09/07	COI	Image Masters	(4,662.87)	Cleared	
04/18/07	4	Rizzetta & Co., Inc.	(3,500.00)	Cleared	
04/18/07	5	Rizzetta & Co., Inc.	(3,500.00)	Cleared	
06/15/07	COI	US Bank - Trustee Fees 3/07 to 2/08	(7,948.00)	Cleared	
08/14/07	COI	Nabors Giblin & Nickerson	(2,705.55)	Cleared	
	Total Cost of Issuance:	(534,565.81)		
03/14/07	1	NatureWalk Development Company, LLC	(13,305,760.19)	Cleared	
04/03/07	2	NatureWalk Development Company, LLC	(909,366.29)	Cleared	
04/18/07	3	Hopping Green & Sams	(374.00)	Cleared	
05/21/07	6	Hopping Green & Sams	(3,510.64)	Cleared	
06/18/07	7	Hopping Green & Sams	(472.50)	Cleared	
08/27/07	8	Hopping Green & Sams	(297.50)	Cleared	
09/17/07	9	Hopping Green & Sams	(966.25)	Cleared	
12/14/07	10	Hopping Green & Sams	(198.00)	Cleared	
01/14/08	11	Hopping Green & Sams	(1,072.75)	Cleared	
01/23/08	12	Hatch Mott MacDonald	(18,757.84)	Cleared	
02/20/08	13	Hopping Green & Sams	(2,431.87)	Cleared	
03/14/08	14	Hopping Green & Sams	(849.68)	Cleared	
04/16/08	15	Hopping Green & Sams	(2,715.91)	Cleared	
05/02/08	16	NatureWalk Community Development District	(4,566.60)	Cleared	

05/17/08	17	Hopping Green & Sams	(1,135.81)	Cleared	
06/18/08	18	Hopping Green & Sams	(1,601.49)	Cleared	
07/22/08	19	Hopping Green & Sams	(320.50)	Cleared	
07/28/08	20	Hopping Green & Sams	(751.07)	Cleared	
09/03/08	21	Hatch Mott MacDonald	(3,974.47)	Cleared	
10/13/08	22	Hopping Green & Sams	(1,572.22)	Cleared	
02/02/09	22	Hopping Green & Sams - partial refund of CR22	945.00	Cleared	
12/02/08	23	Hopping Green & Sams	(114.00)	Cleared	
02/25/09	24	Hopping Green & Sams	(106.00)	Cleared	
03/18/09	25	Hopping Green & Sams	(114.04)	Cleared	
03/31/09	26	Evergreen Landscaping & Maintenance	(16,527.50)	Cleared	
04/22/09	27	Hopping Green & Sams	(155.00)	Cleared	
06/30/09	28	Evergreen Landscaping & Maintenance	(16,527.50)	Cleared	
11/16/09	29	Hatch Mott MacDonald	(768.00)	Cleared	
03/15/10	30	Hopping Green & Sams	(1,780.50)	Cleared	
03/26/10	31	Hopping Green & Sams	(533.00)	Cleared	
04/13/10	32	Hopping Green & Sams	(41.00)	Cleared	
07/30/10	33	Hatch Mott MacDonald	(6,136.59)	Cleared	
04/26/11	34	Hopping Green & Sams	VOID	VOID	
06/30/11	35	Bridge Builders USA, Inc.	(50,219.49)	Cleared	
06/30/11	36	Emerald Coast Associates, Inc.	(8,070.00)	Cleared	
08/24/11	37	Bridge Builders USA, Inc.	(63,550.00)	Cleared	
10/12/11	38	Greenway Services, Inc.	(10,000.00)	Cleared	
11/29/11	39	Greenway Services, Inc. - paid from KLP Contribution Account	(18,784.55)	Cleared	
12/13/11	40	Hopping Green & Sams	VOID	VOID	
12/31/11	41	Greenway Services, Inc.	(4,199.97)	Cleared	
12/31/11	42	Sikes Concrete, Inc.	(3,594.00)	Cleared	
03/20/12	43	Triangle Construction	(18,575.00)	Cleared	
04/19/12	44	Sikes Concrete, Inc.	(1,462.00)	Cleared	
06/11/12	45	Sikes Concrete, Inc.	(1,670.00)	Cleared	
07/01/12	46	NatureWalk Community Development District	(9,054.88)	Cleared	
06/30/12	47	GreenEarth Landscape Services, LLC	(8,722.84)	Cleared	
07/31/12	48	GreenEarth Landscape Services, LLC	(20,578.27)	Cleared	
08/28/12	49	GreenEarth Landscape Services, LLC	(5,409.00)	Cleared	
12/06/12	50	GreenEarth Landscape Services, LLC	(11,627.00)	Cleared	
01/15/13	51	GreenEarth Landscape Services, LLC	(1,235.00)	Cleared	
06/30/13	52	NatureWalk Community Development District	(84,924.51)	Cleared	
08/02/13	53	GreenEarth Landscape Services	(7,225.00)	Cleared	
08/20/13	54	Greenway Services, Inc.	(6,146.94)	Cleared	
09/17/13	55	GreenEarth Landscape Services	(23,075.00)	Cleared	
09/20/13	56	Greenway Services, Inc.	(8,846.94)	Cleared	
10/01/13	57	BoardwalkDesigns	(2,513.35)	Cleared	
10/01/13	58	GreenEarth Landscape Services	(2,300.00)	Cleared	
10/29/13	59	Chelco Services, Inc.	(2,342.90)	Cleared	
11/06/13	60	GreenEarth Landscape Services	(9,020.00)	Cleared	
11/18/13	61	Greenway Services, Inc.	(2,699.52)	Cleared	
12/16/13	62	GreenEarth Landscape Services	(5,950.00)	Cleared	

01/29/14	63	GreenEarth Landscape Services		(20,585.00)	Cleared	
02/13/14	64	GreenEarth Landscape Services		(5,656.00)	Cleared	
03/26/14	65	GreenEarth Landscape Services		(10,945.00)	Cleared	
05/14/14	66	BoardwalkDesigns		(773.50)	Cleared	
05/21/14	67	GreenEarth Landscape Services		(7,042.00)	Cleared	
07/09/14	68	GreenEarth Landscape Services		(5,570.00)	Cleared	
10/13/14	69	GreenEarth Landscape Services		(1,950.00)	Cleared	
09/30/14	70	GreenEarth Landscape Services		(4,329.00)	Cleared	
09/30/14	71	GreenEarth Landscape Services		(2,775.00)	Cleared	
12/11/14	72	GreenEarth Landscape Services		(7,885.00)	Cleared	
05/31/17	73	Hopping Green & Sams		(11,399.58)	Cleared	
06/20/17	74	GAC Contractors		(15,952.50)	Cleared	
06/30/17	75	Hopping Green & Sams		(1,891.00)	Cleared	
07/25/17	76	Greenway Services, Inc.		(18,900.00)	Cleared	
07/25/17	77	Hopping Green & Sams		(1,442.00)	Cleared	
07/31/17	78	Innerlight Engineering Corporation		(6,370.00)	Cleared	
08/22/17	79	Greenway Services, Inc.		(18,900.00)	Cleared	
08/22/17	80	Hopping Green & Sams		(718.50)	Cleared	
08/22/17	81	Kolter Signature Homes LLC		(7,420.00)	Cleared	
09/22/17	82	GAC Contractors		(159,426.00)	Cleared	
09/22/17	83	Greenway Services, Inc.		(24,675.00)	Cleared	
09/22/17	84	Hopping Green & Sams		(481.03)	Cleared	
09/30/17	85	GAC Contractors		(112,410.00)	Cleared	
09/30/17	86	Greenway Services, Inc.		(41,675.00)	Cleared	
10/19/17	87	GreenEarth Landscape Services		(81,308.00)	Cleared	
10/19/17	88	Greenway Services, Inc.		(31,080.00)	Cleared	
11/09/17	89	Cedillos Coastal Painting, Inc.		(3,000.00)	Cleared	
11/09/17	90	GAC Contractors		(92,497.50)	Cleared	
11/09/17	91	Innerlight Engineering Corporation		(3,700.00)	Cleared	
12/13/17	92	GAC Contractors		(261,765.00)	AP	
12/13/17	93	The Lake Doctors, Inc.		(3,410.49)	AP	
12/13/17	94	Southland Utility Services, Inc.		(24,177.90)	AP	
			Total Requisitions:	(15,684,459.87)		

06/27/08	US Bank Trustee Fees (3/08 - 2/09)	(5,926.25)	Cleared	
08/19/10	Hines Interests LP - Asset Management Firm Travel/Office Exp	(37,276.27)	Cleared	
12/31/10	Hines Interests LP - Asset Management Firm	(4,450.00)	Cleared	
06/27/11	Transferred to New NatureWalk LLC per Bondholders	(400,000.00)	Cleared	
04/26/13	Transferred from New NatureWalk LLC per Bondholders	379,756.65	Cleared	

Total Outflows:	(16,286,921.55)

Funds Available in Construction Account at December 31, 2017	 $	1,312,250.66 

Capital Improvement Revenue - Series 2007 A & B

 KLP Contribution Account Activity Through December 31, 2017	

Inflows:	KLP Contribution	$	205,520.00		
	General Fund FY10-11 Surplus transferred per Budget Amendment	44,480.00		
	From NatureWalk Construction, per terms of Forbearance Amendment	84,924.51		
	Interest Earnings	39.74		
	Total Inflows:	  $	334,964.25 		

Outflows: Requisition	

Requisition	Contractor	

Amount	

Status With Trustee	
Date	Number		as of 12/31/17	

06/15/11	
KLP 1	Chelco	
$	(120,607.88)	
Cleared	
06/15/11	KLP 2	Bridge Builders USA, Inc.	(66,971.90)	Cleared	
07/22/11	KLP 3	Bridge Builders USA, Inc.	(17,952.61)	Cleared	
11/29/11	39	Greenway Services, Inc. - paid from KLP account in error	(18,784.55)	Cleared	
02/29/12	39	Funds transferred from Construction account to replenish	18,784.55	Cleared	
03/31/12	KLP 4	GreenEarth Landscape Services, LLC	(43,609.84)	Cleared	
06/30/13	KLP 5	GreenEarth Landscape Services, LLC	(4,500.00)	Cleared	
07/26/13	KLP 6	KLP Destin, LLC	(64,965.00)	Cleared	
10/29/13	KLP 7	Chelco Services, Inc.	(16,337.06)	Cleared	
Total Requisitions:	(334,944.29)		

Total Outflows:	
(334,944.29)		

Funds Available in KLP Contribution Account at December 31, 2017	
  $	19.96 		

Inflows:	Developer Contributions
Due from Developer	$	586,703.82
-		
		Total Inflows:  $	586,703.82 		
Outflows:				
Requisition	Requisition	Contractor	Amount	Status With Trustee	
Date	Number		as of 12/31/17	

09/08/14	
CUS 1	Municipal Lighting Services	
$	(18,500.70)	
Cleared	
10/21/14	CUS 2	GreenEarth Landscape Services	(34,950.00)	Cleared	
10/28/14	CUS 3	Municipal Lighting Services	(31,043.12)	Cleared	
11/25/14	CUS 4	GreenEarth Landscape Services	(13,879.00)	Cleared	
12/26/14	CUS 5	GreenEarth Landscape Services	(9,905.00)	Cleared	
01/22/15	CUS 6	GreenEarth Landscape Services	(12,295.00)	Cleared	
02/03/15	CUS 7	GreenEarth Landscape Services	(21,900.00)	Cleared	
02/17/15	CUS 8	GreenEarth Landscape Services	(8,960.00)	Cleared	
02/20/15	CUS 9	GreenEarth Landscape Services	(2,450.00)	Cleared	
02/27/15	CUS 10	GreenEarth Landscape Services	(8,850.00)	Cleared	
03/05/15	CUS 11	GreenEarth Landscape Services	(50,132.00)	Cleared	
03/24/15	CUS 12	GreenEarth Landscape Services	(24,050.00)	Cleared	
04/09/15	CUS 13	GreenEarth Landscape Services	(21,230.00)	Cleared	
04/21/15	CUS 14	GreenEarth Landscape Services	(6,935.00)	Cleared	
05/14/15	CUS 15	GreenEarth Landscape Services	(3,000.00)	Cleared	
05/21/15	CUS 16	GreenEarth Landscape Services	(2,180.00)	Cleared	
05/26/15	CUS 17	GreenEarth Landscape Services	(23,565.00)	Cleared	
06/23/15	CUS 18	GreenEarth Landscape Services	(2,385.00)	Cleared	
06/25/15	CUS 19	GreenEarth Landscape Services	(7,391.00)	Cleared	
07/30/15	CUS 20	GreenEarth Landscape Services	(28,250.00)	Cleared	
08/20/15	CUS 21	GreenEarth Landscape Services	(11,257.00)	Cleared	
09/04/15	CUS 22	GreenEarth Landscape Services	(8,371.00)	Cleared	
09/17/15	CUS 23	CHELCO	(731.00)	Cleared	
09/30/15	CUS 24	GreenEarth Landscape Services	(5,665.00)	Cleared	
11/24/15	CUS 25	GreenEarth Landscape Services	(48,940.00)	Cleared	
1204/15	CUS 26	GreenEarth Landscape Services	(3,985.00)	Cleared	
12/04/15	CUS 27	Ryerson's Electrical	(5,475.00)	Cleared	
12/18/15	CUS 28	GreenEarth Landscape Services	(2,690.00)	Cleared	
01/14/16	CUS 29	GreenEarth Landscape Services	(2,950.00)	Cleared	
02/19/16	CUS 30	GreenEarth Landscape Services	(7,190.00)	Cleared	
04/30/16	CUS 31	GreenEarth Landscape Services	(5,517.00)	Cleared	
04/30/16	CUS 32	GreenEarth Landscape Services	(1,765.00)	Cleared	
06/30/16	CUS33	GreenEarth Landscape Services	(4,273.00)	Cleared	
06/30/16	CUS34	GreenEarth Landscape Services	(4,867.00)	Cleared	
06/30/16	CUS35	GreenEarth Landscape Services	(22,470.00)	Cleared	

06/30/16	CUS36	GreenEarth Landscape Services		(10,160.00)	Cleared	
07/31/16	CUS37	GreenEarth Landscape Services		(4,095.00)	Cleared	
08/31/16	CUS38	GreenEarth Landscape Services		(22,470.00)	Cleared	
09/30/16	CUS39	GreenEarth Landscape Services		(23,942.00)	Cleared	
12/31/16	CUS40	GreenEarth Landscape Services		(11,072.00)	Cleared	
02/07/17	CUS41	NatureWalk CDD		(17,124.00)	Cleared	
02/27/17	CUS42	NatureWalk CDD		(29,844.00)	Cleared	
02/28/17	CUS43	GreenEarth Landscape Services		VOID	VOID	
03/31/17	CUS44	GreenEarth Landscape Services		VOID	VOID	
03/31/17	CUS45	Hopping Green & Sams		VOID	VOID	
			Total Requisitions:	(586,703.82)		

Total Outflows:	(586,703.82)

Funds Available in Custody Account at December 31, 2017	 $	-	

NatureWalk Community Development District Notes to Unaudited Financial Statements December 31, 2017

Balance Sheet

Trust statement activity has been recorded through 12/31/17.
See EMMA (Electronic Municipal Market Access) at https://emma.msrb.org for Municipal Disclosures and Market Data.
Debt Service Obligations - Current, represents scheduled Series 2007 Debt Service payments that were not made for May 2015 - November 2017.

Statement of Revenue and Expenditures – Debt Service Fund

The scheduled Series 2007 Debt Service payments that were not paid have been accrued and are reflected in the accompanying Balance Sheet.

Summary A/R Ledger – Payment Terms

Payment terms for landowner assessments are (a) defined in the FY17-18 Assessment Resolution adopted by the Board of Supervisors, (b) pursuant to Florida Statutes, Chapter 197 for assessments levied via the county tax roll.