NatureWalk Community Development District

Financial Statements (Unaudited)

June 30, 2019

Prepared by: Rizzetta & Company, Inc.

naturewalkcdd.org rizzetta.com

NatureWalk Community Development District
Balance Sheet As of 6/30/2019
(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	372,739		0		0		372,739		0		0	
Investments	11		943,704		505,557		1,449,272		0		0	
Accounts Receivable	101,843		7,836,993		0		7,938,836		0		0	
Bond Prepayments Receivable	0		0		0		0		0		0	
Allowance for Doubtful Accounts	(83,092)		(7,621,800)		(20,243)		(7,725,135)		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		26,949		0		26,949		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		16,342,594		0	
Total Assets	 	393,040		 	1,185,847		 	505,557		 	2,084,445		 	16,342,594		 	13,445,000	

Liabilities												
Accounts Payable	10,993		0		0		10,993		0		0	
Accrued Expenses Payable	2,450		0		0		2,450		0		0	
Retainage Payable	0		0		0		0		0		0	
Other Current Liabilities	0		0		0		0		0		0	
Deferred Revenue	0		0		0		0		0		0	
Due To Other Funds	26,949		0		0		26,949		0		0	
Debt Service Obligations - Current	0		10,706,058		0		10,706,058		0		0	
Revenue Bonds Payable--Long Term	0		0		0		0		0		13,445,000	
Total Liabilities	40,392		10,706,058		0		10,746,450		0		13,445,000	

Fund Equity & Other Credits												
Beginning Fund Balance	277,330		(9,081,732)		399,134		(8,405,268)		16,342,594		0	
Net Change in Fund Balance	75,318		(438,478)		106,423		(256,737)		0		0	
Total Fund Equity & Other Credits	352,648		(9,520,211)		505,557		(8,662,005)		16,342,594		0	

Total Liabilities & Fund Equity	 	393,040	 	1,185,847	 	505,557	 	2,084,445	 	16,342,594	 	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	266,714	1,563	(0.58)%	
Off Roll	 	37,885	 	37,885	 	73,240	 	35,355	 	(93.32)%	
Total Revenues	 	303,036	 	303,036	 	339,955	 	36,919	 	(12.18)%	

Expenditures
Legislative
Supervisor Fees	4,800	3,200	1,400	1,800	70.83%	
Financial & Administrative						
Administrative Services	4,500	3,375	3,375	0	25.00%	
District Management	15,600	11,700	11,700	0	25.00%	
District Engineer	2,500	1,875	1,850	25	26.00%	
Disclosure Report	5,000	5,000	5,000	0	0.00%	
Trustees Fees	7,000	5,250	0	5,250	100.00%	
Assessment Roll	5,000	5,000	5,000	0	0.00%	
Financial & Revenue Collections	3,600	2,700	2,700	0	25.00%	
Accounting Services	15,000	11,250	11,250	0	25.00%	
Auditing Services	3,170	3,170	6,340	(3,170)	(100.00)%	
Arbitrage Rebate Calculation	600	450	450	0	25.00%	
Public Officials Liability Insurance	2,475	2,475	2,250	225	9.09%	
Legal Advertising	2,000	1,500	1,610	(110)	19.48%	
Dues, Licenses & Fees	175	175	175	0	0.00%	
Website Hosting, Maintenance, Backup	2,100	1,575	1,575	0	25.00%	
Legal Counsel						
District Counsel	20,000	15,000	10,354	4,646	48.22%	
Electric Utility Services						
Utility Services	14,000	10,500	12,098	(1,598)	13.58%	
Stormwater Control						
Aquatic Maintenance	3,480	2,610	2,599	11	25.31%	
Fountain Service Repairs & Maintenance	1,884	1,413	1,547	(134)	17.88%	
Wetland Monitoring & Maintenance	1,000	750	0	750	100.00%	
Stormwater System Maintenance	1,000	750	628	122	37.20%	
Other Physical Environment						
General Liability Insurance	2,750	2,750	2,500	250	9.09%	
Property Insurance	774	581	704	(124)	9.04%	
Landscape Maintenance	112,000	84,000	88,143	(4,143)	21.30%	
Irrigation Repairs	5,000	3,750	19,911	(16,161)	(298.22)%	
Ornamental Lighting & Maintenance	1,000	750	145	605	85.50%	
Tree Triming Services	1,500	1,125	0	1,125	100.00%	
Annual Mulching	57,000	42,750	41,882	868	26.52%	
Landscape Replacement Plants, Shrubs, Trees	3,200	2,400	98	2,302	96.93%	
Rust Prevention	5,000	3,750	0	3,750	100.00%	
Road & Street Facilities						

Street Light Decorative Light Maintenance	3,700	2,775	11,001	(8,226)	(197.32)%	
Street Sign Repair & Replacement	800	600	0	600	100.00%	
Sidewalk Repair & Maintenance	2,750	2,063	2,690	(627)	2.18%	
Roadway Repair & Maintenance	1,000	750	7,296	(6,546)	(629.60)%	
Parks & Recreation						
Boardwalk & Bridge Maintenance	 	20,000		 	15,000		 	8,365		 	6,635		 	58.17%	
Total Expenditures	 	331,358		 	252,761		 	264,636		 	(11,875)		 	20.14%	
Excess of Revenue Over (Under) Expenditures	(28,322)		50,275		75,318		25,043		365.93%	

Other Financing Sources (Uses)										
Prior Year Carryforward	28,322		28,322		0		(28,322)		100.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		78,597		75,318		(3,279)		0.00%	

Fund Balance, Beginning of Period										
	0		0		277,330		277,330		0.00%	
Fund Balance, End of Period	 	0		 	78,597		 	352,648		 	274,051		 	0.00%	

Statement of Revenues and Expenditures 200 - Debt Service Fund
From 10/1/2018 Through 6/30/2019
(In Whole Numbers)

Current Period
Annual Budget	Actual

Budget To Actual Variance

Budget Percent Remaining

 	 	 	

Revenues
Interest Earnings
Interest Earnings	0		12,114		12,114		0.00%	
Special Assessments								
Tax Roll	133,534		134,323		788		0.59%	
Off Roll	276,828		343,263		66,435		23.99%	
Total Revenues	410,362		489,700		79,337		19.33%	

Expenditures
Legal Counsel
Trustee Counsel	0		33,590		(33,590)		0.00%	
Debt Service								
Interest	270,362		723,686		(453,324)		(167.67)%	
Principal	140,000		140,000		0		0.00%	
Total Expenditures	410,362		897,276		(486,914)		(118.65)%	

Excess of Revenue Over (Under) Expenditures	
0		
(407,577)		
(407,577)		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		(3,322)		(3,322)		0.00%	
SPE Costs	0		(27,580)		(27,580)		0.00%	
Total Other Financing Sources (Uses)	0		(30,902)		(30,902)		0.00%	

Excess of Rev./Other Sources Over (Under) Expend./Other Uses	
0		
(438,478)		
(438,478)		
0.00%	

Fund Balance, Beginning of Period								
	0		(9,081,732)		(9,081,732)		0.00%	
Fund Balance, End of Period	 	0		 	(9,520,211)		 	(9,520,211)		 	0.00%	

Interest Earnings	0	7,990	7,990	0.00% Contributions & Donations From
Private Sources

Developer Contributions	0		127,886		127,886		0.00%	
Total Revenues	0		135,876		135,876		0.00%	

Expenditures
Other Physical Environment								
Improvements Other Than Buildings	0		32,775		(32,775)		0.00%	
Total Expenditures	0		32,775		(32,775)		0.00%	

Excess of Revenue Over (Under) Expenditures	
0		
103,101		
103,101		
0.00%	

Other Financing Sources (Uses)								
Interfund Transfer	0		3,322		3,322		0.00%	
Excess of Rev./Other Sources Over (Under) Expend./Other Uses	0		106,423		106,423		0.00%	

Fund Balance, Beginning of Period								
	0		399,134		399,134		0.00%	
Fund Balance, End of Period	 	0		 	505,557		 	505,557		 	0.00%	

NatureWalk CDD Investment Summary June 30, 2019

	Balance as of		
Account

State Board of Administration	Investment

Local Government Investment Pool	June 30, 2019

$	

11	

Total General Fund Investments      $	11

US Bank Series 2007A Interest	US Bank Managed Money Market Account	$	2
US Bank Series 2007B Interest	US Bank Managed Money Market Account	3
US Bank Series 2007A Reserve	US Bank Managed Money Market Account	170,803
US Bank Series 2007B Reserve	US Bank Managed Money Market Account	59,323
US Bank Series 2007A Prepayment	US Bank Managed Money Market Account	236,397
US Bank Series 2007AB Revenue	US Bank Managed Money Market Account	477,176

Total Debt Service Fund Investments     $	943,704 

US Bank Series 2007AB Construction	US Bank Managed Money Market Account	$	505,220	
US Bank Series 2007AB KLP Contribution	US Bank Managed Money Market Account	337	

Total Capital Project Fund Investments     $	505,557 

Summary A/R Ledger 001 - General Fund
From 6/1/2019 Through 6/30/2019

Invoice Date	Customer Name	Invoice Number	Current Balance

9/30/2015	New NatureWalk, LLC	ORA2009NW.NWD	83,092.16	
10/1/2018	Tax Collector - Walton County	FY18-19	18,750.87	
		
Total 001 - General Fund	
101,843.03	

Summary A/R Ledger 200 - Debt Service Fund
From 6/1/2019 Through 6/30/2019

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	New NatureWalk, LLC	321-18-02	205,750.40	
10/1/2018	New NatureWalk, LLC	321-19-02	205,750.40	
10/1/2018	Tax Collector - Walton County	FY18-19	9,443.32	
		
Total 200 - Debt Service Fund	
7,836,993.29	

Report Balance	7,938,836.32

Aged Payables by Invoice Date Aging Date - 6/1/2019
001 - General Fund
From 6/1/2019 Through 6/30/2019

Vendor Name		Invoice Date		Invoice Number		Invoice		Current Balance	

Hopping Green & Sams		
6/10/2019		
108118		
General Legal Counsel 05/19		
2,107.75	
Eddie The Painter Services LLC		6/21/2019		0558		100 Wood Floor/Bridge and Garbage Removal 06/19		7,500.00	
GreenEarth Landscape Services LLC		6/23/2019		63720		#6940 Replaced Two Valves 06/19		400.00	
		6/29/2019		63775		#6637 Phase 2 Decoder Replacement 06/19		985.00	
						
Total 001 - General Fund		
10,992.75	

Report Total								
10,992.75	

Inflows:	Debt Proceeds - Series A & B	$	16,735,569.81
Underwriter Discount	400,000.00

Total Bond Proceeds:	17,135,569.81

	Interest Earnings		185,074.90		
	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		10,210.40		
	Transfer from Prepayment B		3,336.99		
	Transfer from Sinking		 	55.96 		
		Total Inflows:	  $	17,620,235.41 		
Outflows:					
Requisition	Requisition	Contractor		Amount	Status With Trustee	
Date	Number			as of 06/30/19	
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)	Cleared	
01/17/19	112	GAC Contractors		(4,680.00)	Cleared	
01/17/19	113	GAC Contractors		(24,817.47)	Cleared	
01/17/19	114	GAC Contractors		(2,453.95)	Cleared	
			Total Requisitions:	(16,427,629.20)		

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	
Total Outflows: 	(17,115,015.39)

Construction Account Balance at June 30, 2019	 $	505,220.02 

* 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 June 30, 2019	

Inflows:	KLP Contribution	$	333,405.89		
	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	357.14		
	Total Inflows:	  $	463,167.54		

Outflows: Requisition	

Requisition	Contractor	

Amount	

Status With Trustee	
Date	Number		as of 06/30/19	

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	
01/17/19	KLP 9	KLP Destin, LLC	(127,885.89)	Cleared	
	Total Requisitions:	(462,830.18)		

Total Outflows: 	(462,830.18)

Funds Available in KLP Contribution Account at June 30, 2019	 $	337.36

NatureWalk Community Development District Notes to Unaudited Financial Statements
June 30, 2019

Balance Sheet

Trust statement activity has been recorded through 06/30/19.
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 2019.

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.