NatureWalk Community Development District

Financial Statements (Unaudited)

October 31, 2018

Prepared by: Rizzetta & Company, Inc.

naturewalkcdd.org rizzetta.com

NatureWalk Community Development District
Balance Sheet As of 10/31/2018 (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	299,174		0		0		299,174		0		0	
Investments	11		744,240		532,639		1,276,889		0		0	
Accounts Receivable	421,483		8,098,598		0		8,520,081		0		0	
Bond Prepayments Receivable	0		0		0		0		0		0	
Allowance for Doubtful Accounts	(83,092)		(7,416,049)		(20,243)		(7,519,385)		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		703		0		703		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		16,309,819		0	
Total Assets	 	639,116		 	1,427,490		 	532,639		 	2,599,245		 	16,309,819		 	13,445,000	

Liabilities												
Accounts Payable	2,704		0		5,426		8,130		0		0	
Accrued Expenses Payable	46,321		0		0		46,321		0		0	
Retainage Payable	0		0		127,062		127,062		0		0	
Other Current Liabilities	0		0		0		0		0		0	
Deferred Revenue	0		0		0		0		0		0	
Due To Other Funds	703		0		0		703		0		0	
Debt Service Obligations - Current	0		9,842,372		0		9,842,372		0		0	
Revenue Bonds Payable--Long Term	0		0		0		0		0		13,445,000	
Total Liabilities	49,727		9,842,372		132,488		10,024,588		0		13,445,000	

Fund Equity & Other Credits												
Beginning Fund Balance	312,685		(8,809,547)		399,134		(8,097,728)		16,309,819		0	
Net Change in Fund Balance	276,703		394,666		1,016		672,385		0		0	
Total Fund Equity & Other Credits	589,388		(8,414,882)		400,150		(7,425,343)		16,309,819		0	

Total Liabilities & Fund Equity	 	639,116	 	1,427,490	 	532,639	 	2,599,245	 	16,309,819	 	13,445,000

See Notes to Unaudited Financial Statements

Revenues
Interest Earnings
Interest Earnings	0	0	0	0	0.00%	
Special Assessments						
Tax Roll	265,151	265,151	266,546	1,395	(0.52)%	
Off Roll	 	37,885	 	37,885	 	37,885	 	0	 	0.00%	
Total Revenues	 	303,036	 	303,036	 	304,431	 	1,395	 	(0.46)%	

Expenditures
Legislative
Supervisor Fees	4,800	0	0	0	100.00%	
Financial & Administrative						
Administrative Services	4,500	375	375	0	91.66%	
District Management	15,600	1,300	1,300	0	91.66%	
District Engineer	2,500	208	0	208	100.00%	
Disclosure Report	5,000	0	0	0	100.00%	
Trustees Fees	7,000	583	0	583	100.00%	
Assessment Roll	5,000	5,000	5,000	0	0.00%	
Financial & Revenue Collections	3,600	300	300	0	91.66%	
Accounting Services	15,000	1,250	1,250	0	91.66%	
Auditing Services	3,170	0	0	0	100.00%	
Arbitrage Rebate Calculation	600	50	0	50	100.00%	
Public Officials Liability Insurance	2,475	2,475	2,250	225	9.09%	
Legal Advertising	2,000	167	597	(431)	70.12%	
Dues, Licenses & Fees	175	175	175	0	0.00%	
Website Hosting, Maintenance, Backup	2,100	175	175	0	91.66%	
Legal Counsel						
District Counsel	20,000	1,667	761	906	96.19%	
Electric Utility Services						
Utility Services	14,000	1,167	1,746	(579)	87.52%	
Stormwater Control						
Aquatic Maintenance	3,480	290	321	(31)	90.77%	
Fountain Service Repairs & Maintenance	1,884	157	0	157	100.00%	
Wetland Monitoring & Maintenance	1,000	83	0	83	100.00%	
Stormwater System Maintenance	1,000	83	157	(74)	84.30%	
Other Physical Environment						
General Liability Insurance	2,750	2,750	2,500	250	9.09%	
Property Insurance	774	65	704	(640)	9.04%	
Landscape Maintenance	112,000	9,333	8,291	1,042	92.59%	
Irrigation Repairs	5,000	417	565	(148)	88.70%	
Ornamental Lighting & Maintenance	1,000	83	0	83	100.00%	
Tree Triming Services	1,500	125	0	125	100.00%	
Annual Mulching	57,000	4,750	0	4,750	100.00%	
Landscape Replacement Plants, Shrubs, Trees	3,200	267	0	267	100.00%	
Rust Prevention	5,000	417	0	417	100.00%	
Road & Street Facilities						

Street Light Decorative Light Maintenance	3,700	308	1,260	(952)	65.94%	
Street Sign Repair & Replacement	800	67	0	67	100.00%	
Sidewalk Repair & Maintenance	2,750	229	0	229	100.00%	
Roadway Repair & Maintenance	1,000	83	0	83	100.00%	
Parks & Recreation						
Boardwalk & Bridge Maintenance	 	20,000		 	1,667		 	0		 	1,667		 	100.00%	
Total Expenditures	 	331,358		 	36,066		 	27,728		 	8,338		 	91.63%	
Excess of Revenue Over (Under) Expenditures	(28,322)		266,970		276,703		9,733		1,076.99%	

Other Financing Sources (Uses)										
Prior Year	28,322		28,322		0		(28,322)		100.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		295,292		276,703		(18,589)		0.00%	

Fund Balance, Beginning of Period										
	0		0		312,685		312,685		0.00%	
Fund Balance, End of Period	 	0		 	295,292		 	589,388		 	294,096		 	0.00%	

Statement of Revenues and Expenditures 200 - Debt Service Fund
From 10/1/2018 Through 10/31/2018
(In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings
Interest Earnings	0		1,021		1,021		0.00%	
Special Assessments								
Tax Roll	133,534		134,238		703		0.52%	
Off Roll	276,828		276,828		0		0.00%	
Total Revenues	410,362		412,087		1,724		0.42%	

Expenditures
Legal Counsel
Trustee Counsel	0		13,839		(13,839)		0.00%	
Debt Service								
Interest	270,362		0		270,362		100.00%	
Principal	140,000		0		140,000		100.00%	
Total Expenditures	410,362		13,839		396,523		96.63%	

Excess of Revenue Over (Under) Expenditures	
0		
398,248		
398,248		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		(307)		(307)		0.00%	
SPE Costs	0		(3,275)		(3,275)		0.00%	
Total Other Financing Sources (Uses)	0		(3,582)		(3,582)		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
394,666		
394,666		
0.00%	

Fund Balance, Beginning of Period								
	0		(8,809,547)		(8,809,547)		0.00%	
Fund Balance, End of Period	 	0		 	(8,414,882)		 	(8,414,882)		 	0.00%	

NatureWalk Community Development District
Statement of Revenues and Expenditures 300 - Capital Projects Fund
From 10/1/2018 Through 10/31/2018
(In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings
Interest Earnings	0		709		709		0.00%	
Total Revenues	0		709		709		0.00%	

Excess of Revenue Over (Under) Expenditures	
0		
709		
709		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		307		307		0.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		1,016		1,016		0.00%	

Fund Balance, Beginning of Period								
	0		399,134		399,134		0.00%	
Fund Balance, End of Period	 	0		 	400,150		 	400,150		 	0.00%	

NatureWalk CDD Investment Summary October 31, 2018

Balance as of
Account	Investment	October 31, 2018

State Board of Administration	Local Government Investment Pool	$	11
Total General Fund Investments      $	11
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	233,323
US Bank Series 2007AB Revenue	Fidelity Government Port Cl III	280,785

Total Debt Service Fund Investments     $	744,240 

US Bank Series 2007AB Construction	Fidelity Government Port Cl III	$	532,619
US Bank Series 2007AB KLP Contribution	Fidelity Government Port Cl III	20
Total Capital Project Fund Investments     $	532,639 

Summary A/R Ledger 001 - General Fund
From 10/1/2018 Through 10/31/2018

Invoice Date	Customer Name	Invoice Number	Current Balance

9/30/2015	New NatureWalk, LLC	ORA2009NW.NWD	83,092.16	
11/11/2017	KLP Destin, LLC	321-18-01	35,355.27	
10/1/2018	KLP Destin, LLC	321-19-01	37,885.18	
10/1/2018	Tax Collector - Walton County	FY18-19	265,150.57	
		
Total 001 - General Fund	
421,483.18	

Summary A/R Ledger 200 - Debt Service Fund
From 10/1/2018 Through 10/31/2018

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	
11/11/2017	KLP Destin, LLC	321-18-01	66,434.81	
11/11/2017	New NatureWalk, LLC	321-18-02	205,750.40	
10/1/2018	KLP Destin, LLC	321-19-01	71,077.54	
10/1/2018	New NatureWalk, LLC	321-19-02	205,750.40	
10/1/2018	Tax Collector - Walton County	FY18-19	133,535.18	
		
Total 200 - Debt Service Fund	
8,098,597.50	

Report Balance	8,520,080.68

Aged Payables by Invoice Date Aging Date - 9/1/2018
001 - General Fund
From 10/1/2018 Through 10/31/2018

Vendor Name		Invoice Date		Invoice Number		Invoice		Current Balance	

Hopping Green & Sams		
10/15/2018		
103454		
General Legal Counsel 09/18		
761.00	
CHELCO		11/2/2018		Electric Summary 10/18		CHELCO Electric Summary 10/18		1,745.92	
GateHouse Media DBA Northwest Florida Papers		11/4/2018		2030768-1018		Acct# 2030768 Legal Advertising 10/18		196.81	
						
Total 001 - General Fund		
2,703.73	

Vendor Name	Invoice Date	Invoice Number	Invoice	Current Balance

GreenEarth Landscape Services LLC

9/5/2018

CR111 GreenEarth

CR111 Series 2007	5,426.00

Total 300 - Capital Projects Fund

5,426.00

Report Total	8,129.73

Inflows:	Debt Proceeds - Series A & B	$	16,735,569.81		
	Underwriter Discount	400,000.00		
	Total Bond Proceeds:	17,135,569.81		
	Interest Earnings	177,735.16		
	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	7,571.02		
	Transfer from Prepayment B	3,336.99		
	Transfer from Sinking	55.96		
	Total Inflows:	  $	17,610,256.29 		
Outflows:				
Requisition	Requisition	Contractor	Amount	Status With Trustee	
Date	Number		as of 10/31/18	
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	
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)	Cleared	
12/13/17	93	The Lake Doctors, Inc.	VOID	VOID	
12/13/17	94	Southland Utility Services, Inc.	(24,177.90)	Cleared	
01/12/18	95	Ferguson Enterprises	(18,804.30)	Cleared	
01/12/18	96	GreenEarth Landscape Services	(42,710.00)	Cleared	
01/31/18	97	Greenway Services, Inc.	(26,208.00)	Cleared	
01/31/18	98	Hopping Green & Sams	(373.50)	Cleared	
02/28/18	99	GAC Contractors	(232,605.00)	Cleared	
04/30/18	100	VOID	VOID	VOID	
04/30/18	101	VOID	VOID	VOID	
04/30/18	102	Innerlight Engineering Corporation	(8,210.00)	Cleared	
04/30/18	103	GAC Contractors	(186,204.22)	Cleared	
04/30/18	104	GAC Contractors	(82,700.87)	Cleared	
04/30/18	105	GreenEarth Landscape Services	(51,445.02)	Cleared	
04/30/18	106	Greenway Services, Inc.	(102,966.00)	Cleared	
06/20/18	107	Innerlight Engineering Corporation	(3,350.00)	Cleared	
07/01/18	108	GreenEarth Landscape Services	(7,415.00)	Cleared	

07/25/18	109	Emerald Coast Aluminum		(7,783.75)	Cleared	
08/08/18	110	Emerald Coast Aluminum		(23,351.25)	Cleared	
08/31/18	111	GreenEarth Landscape Services		(5,426.00)	AP	
			Total Requisitions:	(16,395,677.78)		

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	
11/19/10		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	
06/30/13	52	NatureWalk Community Development District	(84,924.51)	Cleared	
		Retainage Payable:	(127,062.34)		
		Total Outflows:	(17,210,126.31)		

Construction Account Balance at October 31, 2018	 $	400,129.98 

Outstanding Contracts:
GAC Contractors

$	5,200.00

Contract Sub Total:	5,200.00

Committed Funds to be Provided by Developer $

*Uncommitted Funds Available  $

(100,310.92)

(100,310.92)

Committed Funds to be Contributed by Developer $	100,310.92

* Per the Forbearance Agreement dated 02/25/11 between the District, the Trustee, and the Developer, the District shall have the right to access only $1,960,000 of construction funds for the completion of the 211 Lot and 57 Lot Infrastructure. The Developer, KLP Destin, LLC, agrees to fund all additional amounts necessary to complete the project. All funds have now been utilized and the Developer is responsible to contribute the amount reflected in Committed Funds to be Contributed by Developer.

Capital Improvement Revenue - Series 2007 A & B

KLP Contribution Account Activity Through October 31, 2018	

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	39.96		
	Total Inflows:	  $	334,964.47		

Outflows: Requisition	

Requisition	Contractor	

Amount	

Status With Trustee	
Date	Number		as of 10/31/18	

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 October 31, 2018	
  $	20.18		

NatureWalk Community Development District Notes to Unaudited Financial Statements October 31, 2018

Balance Sheet

Trust statement activity has been recorded through 10/31/18.
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 – May 2018.

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 FY18-19 Assessment Resolution adopted by the Board of Supervisors, (b) pursuant to Florida Statutes, Chapter 197 for assessments levied via the county tax roll.