Anabelle Island
Community Development District
JULY 13, 2021

AGENDA

Anabelle Island Community Development District
475 West Town Place
Suite 114 St. Augustine, Florida 32092
1-866-705-2554 Code: 665769

July 6, 2021

Board of Supervisors
Anabelle Island Community Development District Dear Board Members:
The Meeting of the Board of Supervisors of the Anabelle Island Community Development District will be held Tuesday, July 13, 2021 at 2:00 p.m. at the Plantation Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida 32065.

Roll Call

Audience Comments (regarding agenda items listed below)

Consideration of Minutes of the June 8, 2021 Meeting

Acceptance of the Minutes of the June 8, 2021 Audit Committee Meeting

Acceptance of Audit Committee’s Recommendation; Consideration of Proposals for Fiscal Year 2021 Audit Services

Discussion of Fiscal Year 2022 Budget

Staff Reports
Attorney

Engineer

Manager

Supervisors Requests

Audience Comments

Financial Statements as of June 30, 2021

Consideration of Funding Request No. 4

Next Scheduled Meeting – August 10, 2021 @ 2:00 p.m.

Adjournment

THIRD ORDER OF BUSINESS

MINUTES OF MEETING ANABELLE ISLAND
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Anabelle Island Community Development District was held Tuesday, June 8, 2021 at 2:12 p.m. at Plantation Oaks Amenity Center, 845 Oakleaf Plantation Parkway, Orange Park, Florida.

Present and constituting a quorum:

Jim McDade	Chairman
Kurt von der Osten	Supervisor
Rose Bock	Supervisor
Darren Gowens	Supervisor Also, present were:
Jim Perry by phone	District Manager
Lauren Gentry	District Counsel
David Taylor by phone	Dunn & Associates
Marilee Giles	GMS, LLC

FIRST ORDER OF BUSINESS	Roll Call
Ms. Giles called the meeting to order. Four Board members were present constituting a quorum.

SECOND ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

THIRD ORDER OF BUSNESS	Oath of Office for Newly Elected Supervisors
Ms. Giles stated the oath of office is for Darren and Rose and we have taken care of that before this meeting.

FOURTH ORDER OF BUSINESS	Consideration of Minutes of the May 11,
2021 Meeting
Ms. Giles asked are there any comments or questions on the May 11, 2021 meeting minutes. There being none,

On MOTION by Ms. Bock, seconded by Mr. McDade, with all in favor, the Minutes of the May 11, 2021 Meeting, were approved as presented.

FIFTH ORDER OF BUSINESS	Acceptance of the Minutes of the May 11,
2021 Landowners’ Meeting

On MOTION by Mr. Osten, seconded by Mr. McDade, with all in favor, the Minutes of the May 11, 2021 Landowner Meeting, were accepted.

FIFTH ORDER OF BUSINESS	Public Hearings
Public Hearing – Adopting the Uniform Method of Collection, Resolution 2021-31
Ms. Giles stated next on the agenda is public hearings to consider Resolutions 2021-31, 2021-32, 2021-33 and 2021-34. These hearings were scheduled at your prior meeting.

On MOTION by Ms. Bock seconded by Mr. Osten with all in favor the public hearing to adopt the uniform method of collection was opened.

There being no members of the public present,

On MOTION by Mr. McDade seconded by Ms. Bock with all in favor the public hearing was closed.

Ms. Gentry stated the first resolution is to use the uniform method of collection for your assessments, which means you are able to collect your assessments on the tax roll.

On MOTION by Mr. McDade, seconded by Mr. Osten, with all in favor, Resolution 2021-31 Adopting the Uniform Method of Collection, was approved.

Items C and D taken out of order. Item B will be taken at the end of this agenda item.

Public Hearing Relating to the Annual Appropriations and Adopting the Budget for Fiscal Year 2021, Resolution 2021-33

On MOTION by Ms. Bock seconded by Mr. McDade with all in favor the public hearing relating to the annual appropriations and adopting the budget for Fiscal Year 2021 was opened.

There being no members of the public present,

On MOTION by Ms. Bock seconded by Mr. McDade with all in favor the public hearing was closed.

Ms. Gentry stated section 2 will be filled in with details from the budget that is attached to the resolution. The purpose of this resolution is to finalize the budget for the remainder of the fiscal year that will end on September 30th.

On MOTION by Ms. Bock, seconded by Mr. Osten, with all in favor, Resolution 2021-33 Relating to the Annual Appropriations and Adopting the Budget for Fiscal Year 2021, was approved.

Public Hearing Adopting the Rules of Procedure, Resolution 2021-34

On MOTION by Mr. McDade seconded by Ms. Bock with all in favor the public hearing regarding the adoption of the Rules of Procedure was opened.

There being no members of the public present,

On MOTION by Ms. Bock seconded by Mr. McDade with all in favor the public hearing was closed.

Ms. Giles stated Resolution 2021-34 adopts the Rules of Procedure that were introduced at your last meeting.

On MOTION by Mr. McDade, seconded by Mr. Osten, with all in favor, Resolution 2021-34 Adopting the Rules of Procedure, was approved.

Mr. Taylor joined the meeting by telephone conference at this time.

B. Public Hearing – Imposing and Levying Master Special Assessments, Resolution 2021-32
Ms. Gentry stated at the last meeting you initiated the financing process for debt assessments, you adopted a resolution that declared your intent to levy assessments and set a public hearing for today. That hearing was noticed consistent with Florida Law in the newspaper and through direct mailed notice. We are levying a master assessment lien for the property and what we are saying to the world is that for all this property that is subject to the lien this is the maximum assessment level that these properties will have. The master lien doesn’t actually levy the assessments that is done through a supplemental assessment resolution in connection with your actual bond issuance, but it does set the maximum levels consistent with your assessment report. At the end of this hearing the board will have taken the necessary steps to levy the master lien across the district for its system of improvements.
Ms. Gentry stated that there are certain things I want to get on the record from the engineer and assessment consultant.
Ms. Gentry asked Mr. Taylor to briefly review the engineer’s report and describe any modifications that have been made since it was presented to the board.
Mr. Taylor stated I’m not aware of any revisions since it was presented to the board.
Ms. Gentry asked can you recap the type of improvements that were included in the capital improvement plan and the estimated total dollar amount? I can read the number to you and you can confirm if that is correct. I have a report that is dated March 31, 2021 and the total improvement cost in the report is $24,215,400. Mr. Taylor stated that is correct.
Ms. Gentry asked in your experience are the cost estimates in your engineer’s report reasonable and proper? Mr. Taylor responded yes.

Ms. Gentry asked do you have any reason to believe that the capital improvement plan cannot be carried out by the district? Mr. Taylor responded no.
Mr. Taylor left the telephone conference at this time.
Mr. Perry joined the meeting by telephone conference at this time.
Ms. Gentry asked can you generally describe the purpose of the assessment report for the board? Mr. Perry stated the master assessment methodology sets the benefits that are accrued to each of the lots to be developed in the district. The construction improvement plan in one of the tables will outline the different types of improvements that are anticipated, and if all of the improvements are financed by a bond issue you will see a master bond sizing for all those improvements. This master methodology sets the maximum benefit allowed, but subsequently the district will be looking at a supplemental assessment methodology, which will reflect the financing that the district intends to do in the future and that financing will then be a lien on each of the individual landowners and assessments will be collected on an annual basis.
Ms. Gentry stated reading from your report here in Table 3, the total par amount of bonds that we were working with for this report is listed as $31,240,000. Is that correct? Mr. Perry answered yes. That is the maximum amount that can be issued by the district. Ms. Gentry asked, in your professional opinion do the lands subject to the assessments receive special benefits from the district’s capital improvement plan? Mr. Perry stated they do.
Ms. Gentry asked are the master assessments reasonably apportioned among the lands subject to the special assessments? Mr. Perry responded they are.
Ms. Gentry asked is it reasonable, proper and just to assess the costs of the capital improvement plan as a system of improvements against the lands in the district in accordance with your methodology? Mr. Perry stated it is and that is the standard for most districts.
Ms. Gentry asked is it your opinion that the special benefits the lands will receive as set forth in the final assessment roll will be equal to or in excess of the maximum master assessments when they are allocated? Mr. Perry stated yes.
Ms. Gentry asked is it your opinion that it is in the best interests of the district that the master assessments be paid and collected in accordance with the methodology and the assessment resolutions? Mr. Perry stated it is.
Mr. Perry left the telephone conference at this time.

Ms. Gentry stated you have heard from your two professionals regarding the findings that I will ask you to make in a few minutes. I will note for the record there are no members of the public present.
Ms. Gentry read the title of Resolution 2021-32: A resolution making certain findings, authorizing an improvement plan for the master assessment area; adopting a capital improvement plan; providing an estimated cost of improvements, adopting an assessment report; equalizing, approving, confirming and levying debt assessments on the master assessment area; addressing the finalization of special assessments; addressing the payment of debt assessments and the method of collection; providing for the allocation of debt assessments and true-up payments; addressing government property and transfers of property to units of local, state and federal government; authorizing an assessment notice; and providing for severability, conflicts and an effective date.
Ms. Gentry stated I will summarize the substantive sections of the resolution. Section 1 sets forth your authority to adopt this resolution, section 2 makes certain findings necessary for the imposition of a master assessment lien: those findings in section A – C describe the improvements that the district has authorized to undertake and describe the adoption of the declaring resolution and the capital improvement plan. D-J describe the debt assessments, the adoption of the declaring resolution, the publication of the declaring resolution and notice of this public hearing. Section K makes the following findings: it makes findings related to the capital improvement plan and finds it is in the district’s best interests to adopt and assess for the master project. The project, assessments and sale/issuance of bonds serve a valid public purpose and are in the best interests of the district and its landowners and residents. The costs of the project are reasonable and proper, and it is reasonable, proper, just and right to assess the costs of the project against the master assessment area. The improvements benefit the developable property within the master assessment area. The debt assessment constitute a special benefit on all the property on the assessment roll and the benefit is equal to or greater than the debt assessments imposed on the property. The assessments are fairly and reasonably allocated. It is in the best interests of the district to pay the assessments and collect them as set forth in the resolution and it is necessary to issue bonds to pay the costs of the project. The remainder of the resolution authorizes the project described in your engineer’s report that makes up the capital improvement plan, it identifies the costs of the project, which are consistent with the engineer’s report, it adopts an assessment report, it equalizes, approves, confirms and levies the master assessment lien, it describes the process of issuing

supplemental assessment resolutions, it provides a mechanism for finalizing assessments, provides for payment and prepayment of the assessments, allocation of the assessments, application of true-up payments and it addresses certain property that may be exempt such as property owned by governments and it provides for the recording of an assessment notice.
Again, I will note that no members of the public are present and unless the board has any questions, we would be looking for a motion to adopt this resolution.

On MOTION by Ms. Bock, seconded by Mr. McDade, with all in favor, Resolution 2021-32 Imposing and Levying Master Special Assessments, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2021-35
Approving the Proposed Budget for Fiscal Year 2022 and Setting a Public Hearing Date to Adopt

On MOTION by Mr. McDade, seconded by Mr. Osten, with all in favor, Resolution 2021-35 Approving the Proposed FY22 budget and Setting a Public Hearing for August 10, 2021 was approved.

EIGHTH ORDER OF BUSINESS	Acceptance	of	Audit	Committee’s
Recommendation; Approval of Audit Criteria and Authorization for Staff to Publish an RFP for Auditing Services
Ms. Giles stated the audit committee met and approved the audit criteria just prior to this meeting and we are looking for a motion to accept the audit committee’s recommendation on the criteria and authorize staff to issue the RFP.

On MOTION by Mr. McDade ,seconded by Ms. Bock, with all in favor, the audit criteria approved and recommended by the audit committee was accepted and staff was authorized to notice the RFP for audit services.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Engineer
There being none, the next item followed.
Manager – Report on the Number of Registered Voters – 0 TENTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

TWELTH ORDER OF BUSINESS	Consideration of Funding Request No. 3

On MOTION by Mr. McDade, seconded by Ms. Bock, with all in favor, Funding Request No. 3 in the amount of $12,045.61, was approved.

THIRTEENTH ORDER OF BUSINESS	Next Scheduled Meeting – July 13, 2021 @
2:00 p.m.
Ms. Giles stated the next scheduled meeting will be July 13, 2021 at 2:00 p.m. in the same location.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Bock, seconded by Mr. McDade, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

FOURTH ORDER OF BUSINESS

MINUTES OF MEETING ANABELLE ISLAND
COMMUNITY DEVELOPMENT DISTRICT

The Anabelle Island Community Development District Audit Committee met Tuesday, June 8, 2021 at 2:09 p.m. at Plantation Oaks Amenity Center 845 Oakleaf Plantation Parkway, Orange Park, Florida.

Present and constituting a quorum:

Jim McDade	Chairman
Kurt von der Osten	Supervisor
Rose Bock	Supervisor
Darren Gowens	Supervisor Also present were:
Marilee Giles	GMS, LLC
Lauren Gentry	District Counsel

FIRST ORDER OF BUSINESS	Roll Call
Ms. Giles called the audit committee meeting to order and called the roll. Four Board members were present constituting a quorum.

SECOND ORDER OF BUSINESS	Review and Selection of Audit RFP
Criteria
Ms. Giles stated the evaluation criteria developed by Hopping Green & Sams is included in the agenda package and includes ability of personnel, proposers experience, understanding the scope of work, ability to perform the required services and price. When the committee approves the criteria we will bring it before the Board to approve and they will direct staff to issue an RFP. We will also provide the notice to CPA firms who perform CDD audits in the State of Florida.

On MOTION by Mr. McDade seconded by Mr. Bock with all in favor the audit criteria was approved as presented.

June 8, 2021	Anabelle Island CDD

THIRD ORDER OF BUSINESS	Other Business
There being none,

On MOTION by Ms. Bock seconded by Mr. McDade with all in favor the audit committee adjourned.

2

FIFTH ORDER OF BUSINESS

Anabelle Island Community Development District
Auditor Selection Evaluation Criteria

	Ability of Personnel	Proposer's Experience	Understanding of Scope of Work	Ability to Furnish the Required Services	Price		
	(e.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this
project; evaluation of existing workload;
proposed staffing levels, etc.)	(e.g., past record and experience of the Proposer in similar projects; volume of work previously
performed by the firm; past performance for other Community Development
Districts in other contracts; character; integrity; reputation of respondent, etc.)	

Extent to which the
proposal demonstrates an understanding of the
District's needs for the services requested.	Extent to which the
proposal demonstrates the adequacy of proposer's financial resources and stability as a business
entity necessary to complete the services required (e.g., the
existence of any natural disaster plan for business operations).	

Points will be awarded based upon the price bid for the rendering of the services and
reasonableness of the price to services.	

Point Total	
Proposer	20	20	20	20	20	100	

Berger, Toombs, Elam, Gaines & Frank							

Grau & Associates							

ANNABELLE ISLAND COMMUNITY DEVELOPMENT DISTRICT

PROPOSAL FOR AUDIT SERVICES

PROPOSED BY:

Berger, Toombs, Elam, Gaines & Frank CERTIFIED PUBLIC ACCOUNTANTS, PL

600 Citrus Avenue, Suite 200 Fort Pierce, Florida 34950

(772) 461-6120

CONTACT PERSON:

J. W. Gaines, CPA, Director

DATE OF PROPOSAL:

July 5, 2021

TABLE OF CONTENTS

DESCRIPTION OF SECTION	PAGE
Letter of Transmittal	1-2
Profile of the Proposer
Description and History of Audit Firm	3
Professional Staff Resources	4-5
Ability to Furnish the Required Services	5
Arbitrage Rebate Services	6
Governmental Auditing Experience	7-16
Fee Schedule	17
Scope of Work to be Performed	17
Resumes	18-33
Peer Review Letter	34
Instructions to Proposers	35-36
Evaluation Criteria	37

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Berger, Toombs, Elam, Gaines & Frank
Certified Public Accountants PL
600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461-6120 // 461-1155
FAX: 772/468-9278

July 5, 2021

Annabelle Island Community Development District Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Dear District Manager:

Thank you very much for the opportunity to present our professional credentials to provide audit services for Annabelle Island Community Development District.

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a team of governmental and nonprofit specialists second to none to serve our clients.  Our firm has the necessary qualifications and experience to serve as the independent auditors for Annabelle Island Community Development District. We will provide you with top quality, responsive service.

Experience

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a recognized leader in providing services to governmental and nonprofit agencies throughout Florida.  We  have been the independent auditors for a number of local governmental agencies and through our experience in performing their audits, we have been able to increase our audit efficiency and; therefore, reduce costs. We have continually passed this cost savings on to our clients and will continue to do so in the future. As a result of our experience and expertise, we have developed an effective and efficient audit approach designed to meet or exceed the performance specifications in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the standards for financial and compliance audits. We will conduct the audit in accordance with  auditing standards generally accepted in the United States of America; "Government  Auditing Standards" issued by the Comptroller General of the United States; the provisions of the Single Audit Act, Subpart F of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal  Awards, with minimal disruption to your operations. Our firm has frequent technical updates to keep our personnel informed and up-to-date on all changes that are occurring within the industry.

Member AICPA

Fort Pierce/ Stuart
- 1 -
Member AICPA Division for CPA Firms
Private Companies practice Section

Member FICPA

S:l Berger, Toombs, Elam,
,O,, Caines & Frank
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Annabelle Island Community Development District July 5, 2021

Our firm is a member of the Government Audit Quality Center, an organization dedicated to improving government audit quality. We also utilize the audit program software of a nationally recognized CPA firm to assure us that we are up to date with all auditing standards and to assist us maintain maximum audit efficiencies.

To facilitate your evaluation of our qualifications and experience, we have arranged this proposal to include a resume of our firm, including our available staff, our extensive prior governmental and nonprofit auditing experience and clients to be contacted.

You need a firm that will provide an efficient, cost-effective, high-quality audit within critical time constraints. You need a firm with the prerequisite governmental and nonprofit experience to perform your audit according to stringent legal and regulatory requirements, a firm that understands the complex nature of community development districts and their unique compliance requirements. You need a firm with recognized governmental and nonprofit specialists within the finance and governmental communities. And, certainly, you need a firm that will provide you with valuable feedback to enhance your current and future operations. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. J. W. Gaines is the person authorized to make representations for the firm.

Thank you again for the opportunity to submit this proposal to Annabelle Island Community Development District.

Very truly yours,
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Berger, Toombs, Elam, Gaines & Frank
Certified Public Accountants PL Fort Pierce, Florida

FEE SCHEDULE

We propose the fee for our audit services described below to be $3,315 for the year ended September 30, 2021, $3,500 for the year ended September 30, 2022, $3,575 for the year ended September 30, 2023, and $3,750 for the years ended September 30, 2024 and 2025. The fee is contingent upon the financial records and accounting systems of Annabelle Island Community Development District being "audit ready" and the financial activity for the District is not materially increased. If we discover that additional preparation work or subsidiary schedules are needed, we will consult with your authorized representative. We can assist with this additional work at our standard rates should you desire.

SCOPE OF WORK TO BE PERFORMED

If selected as the District's auditors, we will perform a financial and compliance audit in accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual basis on the financial statements of Annabelle Island Community Development District as of September 30, 2021, 2022, 2023, 2024, and 2025. The audits will be performed to the extent necessary to express an opinion on the fairness in all material respects with which the financial statements present the financial position, results of operations and changes in financial position in conformity with generally accepted accounting principles and to determine whether, for selected transactions, operations are properly conducted in accordance with legal and regulatory requirements. Reportable conditions that are also material weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered during the course of the audit will be reported in a separate letter to management, which will be referred to in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters.

Our audit will be performed in accordance with standards for financial and compliance audits contained in Government Auditing Standards, as well as in compliance with rules and regulations of audits of special districts  as  set  forth  by  the  State  Auditor  General  in  Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and procedures, or rules and regulations which may pertain to the work required in the engagement.

The primary purpose of our audit will be to express an opinion on the financial statements discussed above. It should be noted that such audits are subject to the inherent risk that errors or irregularities may not be detected. However, if conditions are discovered which lead to the belief that material errors, defalcations or other irregularities may exist or if other circumstances are encountered that require extended services, we will promptly notify the appropriate individual.

PROFILE OF THE PROPOSER
Description and History of Audit Firm
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure Coast public accounting firm, which qualifies as a small business firm, as established by the Small Business Administration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a member of the Florida Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris & Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. W. Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous growth rate experienced over the last 71 years is directly attributable to the firm's unrelenting dedication to providing the highest quality, responsive professional services attainable to its clients.
We are a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in this practice section requires that our firm meet more stringent standards than standard AICPA membership. These rigorous requirements include the requirement of a triennial peer review of our firm's auditing and accounting practice and annual Continuing Professional Education (CPE) for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a quality review is required and only CPAs must meet CPE requirements.
We are also a member of the Government Audit Quality Center ("the Center'') of the American Institute of Certified Public Accountants to assure the quality of our government audits. Membership in the Center, which is voluntary, requires our firm to comply with additional standards to promote the quality of government audits.
We have been extensively involved in serving local government entities with professional accounting, auditing and consulting services throughout the entire 71 year history of our firm.  Our substantial experience over the years makes us uniquely qualified to provide accounting, auditing, and consulting services to these clients. We are a recognized leader in providing services to governmental and nonprofit agencies on the Treasure Coast and in Central and South Florida, with extensive experience in auditing community development districts and water control districts. We were the independent auditors of the City of Fort Pierce for over 37 years and currently, we are the independent auditors for St. Lucie County since 2002, and for 38 of the 42 years that the county has been audited by CPA firms. Additionally, we have performed audits of the City of Stuart, the City of Vero Beach, Indian River County and Martin County. We also presently audit over 75 Community Development Districts throughout Florida.
Our firm was founded on the belief that we are better able to respond to our clients needs through education, experience, independence, quality control, and personal service. Our firm's commitment to quality is reflected in our endeavor of professional excellence via continuing education, the use of the latest computer technology, professional membership in PCPS and peer review.
We believe our approach to audit engagements, intelligence and innovation teamed with sound professional judgment enables us to explore new concepts while remaining sensitive to the fundamental need for practical solutions. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen.

Professional Staff Resources

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has a total of
32 professional and administrative staff (including 14 professional staff with extensive experience servicing government entities). The work will be performed out of our  Fort  Pierce office with a proposed staff of one senior accountant and one or two  staff accountants supervised by an audit manager and audit partner. With the exception of the directors of the firm's offices, the professional staff is not specifically assigned to any of our individual offices. The professional and administrative staff resources available to you through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as follows:

Partners/Directors (CPA's) Principals (CPA) Managers (CPA)
Senior/Supervisor Accountants (2 CPA's) Staff Accountants (1 CPA)
Computer Specialist Paraprofessional Administrative
Total - all personnel

Total
5
1
1
3
9
1
8
-1
32

Following is a brief description of each employee classification:

Staff Accountant - Staff accountants work directly under the constant supervision of the auditor-in-charge and, are responsible for the various testing of documents,  account analysis and any other duties as his/her supervisor believes appropriate. Minimum qualification for a staff accountant is graduation from an accredited university or college with a degree in accounting or equivalent.

Senior Accountant - A senior accountant must possess all the qualifications of the staff accountant, in addition to being able to draft the necessary reports and financial statements, and supervise other staff accountants when necessary.

Managers - A manager must possess the qualifications of the senior accountant, plus be able to work without extensive supervision from the auditor-in-charge. The manager should be able to draft audit reports from start to finish and to supervise the audit team, if necessary.

Principal - A principal is a partner/director in training. He has been a manager for several years and possesses the technical skills to act as the auditor-in-charge. A principal has no financial interest in the firm.

Partner/Director - The director has extensive governmental auditing  experience  and acts as the auditor-in-charge. Directors have a financial interest in the firm.

Professional Staff Resources (Continued)

Independence - Independence of the public accounting firm, with respect  to  the  audit client, is the foundation from which the public gains its trust in the opinion issued by the public accounting firm at the end of the audit process. This independence must be in appearance as well as in fact. The public must perceive that the accounting firm is independent of the audit entity to ensure that nothing would compromise the opinion issued by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is independent of Annabelle Island Community Development District, including its elected officials and related parties, at the date of this proposal, as defined by the following rules, regulations, and standards:

AuSection 220 - Statements on Auditing Standards issued by the American Institute of Certified Public Accountants;

ET Sections 101 and 102 - Code of Professional Conduct  of the American Institute of Certified Public Accountants;

Chapter 21A-1, Florida Administrative Code; Section 473.315, Florida Statutes; and,
Government Auditing Standards, issued by the Comptroller General of the United
States.

On an annual basis, all members of the firm are required to confirm, in writing, that they have no personal or financial relationships or holding that would impair their independence with regard to the firm's clients.

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

Ability to Furnish the Required Services

As previously noted in the Profile of the Proposer section of this document, our firm has been in existence for over 69 years. We have provided audit services to some clients for over 30 years continually. Our firm is insured against physical loss through commercial insurance and we also carry liability insurance. The majority  of our audit documentation  is stored electronically, both on our office network and on each employee laptop or computer assigned to each specific job. Our office computer network is backed up on tape, so in the event of a total equipment loss, we can restore all data as soon as replacement equipment is acquired. In addition, our field laptop computers carry the same data and can be used in the event of emergency with virtually no delay in completing the required services.

ADDITIONAL SERVICES PROVIDED

Arbitrage Rebate Services

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act of 1986 requires issuers of most tax-exempt obligations to pay (i.e., "rebate") to the United States government any arbitrage profits. Arbitrage profits are earnings on the investment of bond proceeds and certain other monies in excess of what would have been earned had such monies been invested at a yield equal to the yield on the bonds.

Federal tax law requires that interim rebate calculations and payments are due at the end of every fifth bond year. Final payment is required upon redemption of the bonds. More frequent calculations may be deemed advisable by an issuer's auditor, trustee or bond counsel or to assure that accurate and current records are available. These more frequent requirements are usually contained in the Arbitrage or Rebate Certificate with respect to the bonds.

Our firm performs a comprehensive rebate analysis and includes the following:

Verifying that the issue is subject to rebate;
Calculating the bond yield;
Identifying, and separately accounting for, all "Gross Proceeds" (as that term is defined in the Code) of the bond issue, including those requiring analysis due to "transferred proceeds" and/or "commingled funds" circumstances;
Determining what general and/or elective options are available to Gross proceeds of the issue;
Calculating the issue's excess investment earning (rebate liability), if any;
Delivering appropriate documentation to support all calculations;
Providing an executive summary identifying the methodology employed, major assumptions, conclusions, and any other recommendations for changes in recordkeeping and investment policies;
Assisting as necessary in the event of an Internal Revenue Service inquiry; and,
Consulting with issue staff, as necessary, regarding arbitrage related matters.

GOVERNMENTAL AUDITING EXPERIENCE

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been practicing public accounting in Florida for 69 years. Our success over the years has been the result of a strong commitment to providing personalized quality service to our clients.

The current members of our firm have performed audits of over 900 community development districts, and over 1,800 audits of municipalities, counties and other governmental entities such as the City of Fort Pierce and St. Lucie County.

Our firm provides a variety of accounting, auditing, tax litigation support, and consulting services. Some of the professional accounting, auditing and management consulting services that are provided by our firm are listed below:

Performance of annual financial and compliance audits, including Single Audits of state and federal financial assistance programs, under the provisions of the Single Audit Act, Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), with minimal disruptions to your operations;
Performance of special compliance audits to ascertain compliance with the applicable local, state and federal laws and regulations;
Issuance of comfort letters and consent letters in conjunction with the issuance of tax­ exempt debt obligations, including compiling financial data and interim period financial statement reviews;
Calculation of estimated and actual federal arbitrage rebates;
Assistance in compiling historical financial data for first-time and supplemental submissions for GFOA Certificate of Achievement for Excellence in Financial Reporting;
Preparation of indirect cost allocation systems in accordance with Federal and State regulatory requirements;
Providing human resource and employee benefit consulting;
Performance of automation feasibility studies and disaster recovery plans;
Performance feasibility studies concerning major fixed asset acquisitions and utility plant expansion plans (including electric, water, pollution control, and sanitation utilities); and
Assistance in litigation, including testimony in civil and criminal court.
Assist clients who utilize QuickBooks software with their software needs. Our Certified QuickBooks Advisor has undergone extensive training through QuickBooks and has passed several exams to attain this Certification.

Continuing Professional Education

All members of the governmental audit staff of our firm, and audit team members assigned to this engagement, are in compliance with the Continuing Professional Education (CPE) requirements set forth in Government Auditing Standards issued by the Comptroller General of the United States. In addition, our firm is in compliance with the applicable provisions of the Florida Statutes that require CPA's to have met certain CPE requirements prior to proposing on governmental audit engagements.

The audit team has extensive experience in performing governmental audits and is exposed to intensive and continuing concentration on these types of audits. Due to the total number of governmental audits our team performs, each member of our governmental staff must understand and be able to perform several types of governmental audits. It is our objective to provide each professional employee fifty hours or more of comprehensive continuing professional education each year. This is accomplished through attending seminars throughout Florida and is reinforced through in-house training.	·

Our firm has made a steadfast commitment to professional education. Our active attendance and participation in continuing professional education is a major part of our objective to obtain the most recent knowledge on issues which are of importance to our clients. We are growing on the reputation for work that our firm is providing today.

Quality Control Program

Quality control requires continuing commitment to professional excellence. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that commitment.

To ensure maintaining the standards of working excellence required by our firm, we joined the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). To be a participating member firm of this practice section, a firm must obtain an independent Peer Review of its quality control policies and procedures to ascertain the firm's compliance with existing auditing standards on the applicable engagements.

The scope of the Peer Review is comprehensive in that it specifically reviews the following quality control policies and procedures of the participating firm:

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

We believe that our commitment to the program is rewarding not only to our firm, but primarily to our clients.
The external independent Peer Review of the elements of our quality control policies and procedures performed by an independent certified public accountant, approved by the PCPS of the AICPA, provides you with the assurance that we continue to conform to standards of the profession in the conduct of our accounting and auditing practice.

Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary membership center for CPA firms that perform governmental audits. This center promotes the quality of governmental audits.

Our firm has completed successive Peer Reviews. These reviews included a representative sample of our firm's local governmental auditing engagements.  As a result  of these reviews, our firm obtained an unqualified opinion on our quality  control program and work procedures. On page 31 is a copy of our most recent Peer Review report. It should be noted that we received a pass rating.

Our firm has never had any disciplinary actions by state regulatory bodies or professional organizations.

As our firm performs approximately one hundred fifty audits each year that are reviewed by federal, state or local entities, we are constantly dealing with questions from these entities about our audits. We are pleased to say that any questions that have been raised were minor issues and were easily resolved without re-issuing any reports.

Certificate of Achievement for Excellence in Financial Reporting (CAFR)

We are proud and honored to have been involved with the City of Fort Pierce and the Fort Pierce Utilities Authority when they received their first Certificates of Achievement  for Excellence in Financial Reporting for the fiscal years ended September 30, 1988 and 1994, respectively. We were also instrumental in the City of Stuart receiving the award, in our  first year of performing their audit, for the year ended September 30, 1999.

We also assisted St. Lucie County, Florida for the year ended September 30, 2003, in preparing their first Comprehensive Annual Financial Report, and St. Lucie County has received their Certificate of Achievement for Excellence in Financial Reporting every year since.

As continued commitment to insuring that we are providing the highest level of experience, we have had at least one employee of our firm serve on the GFOA - Special Review Committee since the mid-1980s. This committee is made up of selective Certified Public Accountants throughout the United States who have demonstrated their high level of knowledge and expertise in governmental accounting. Each committee member attends a special review meeting at the Annual GFOA Conference. At this meeting, the committee reports on the Certificate of Achievement Program's most recent results, future goals, and common reporting deficiencies.

We feel that our previous experience in assisting the City of Fort Pierce, the Fort Pierce Utilities Authority and St. Lucie County obtain their first CAFRs, and the City of Stuart in continuing to receive a CAFR and our firm's continued involvement with the GFOA, and the CAFR review committee make us a valued asset for any client in the field of governmental financial reporting.

References

Terracina Community Development District
Jeff Walker, Special District Services (561) 630-4922
The Reserve Community Development District Darrin Mossing, Governmental Management
Services LLC (407) 841-5524

Gateway Community Development District
Stephen Bloom, Severn Trent Management
(954) 753-5841

Port of the Islands Community Development District
Cal Teague, Premier District Management (239) 690-7100 ext 101

In addition to the above, we have the following additional governmental audit experience:

Community Development Districts

Aberdeen Community Development District

Alta Lakes Community Development District

Amelia Concourse Community Development District

Amelia Walk Communnity Development District

Aqua One Community Development District

Arborwood Community Development District

Arlington Ridge Community Development District

Bartram Springs Community Development District

Baytree Community Development District

Beacon Lakes Community Development District

Beaumont Community Development District

Bella Collina Community Development District

Bonnet Creek Community Development District

Buckeye Park Community Development District

Candler Hills East Community Development District

Cedar Hammock Community Development District

Central Lake Community Development District

Channing Park Community Development District

Cheval West Community Development District

Coconut Cay Community Development District

Colonial Country Club Community Development District

Connerton West Community Development District

Copperstone Community Development District

Creekside @ Twin Creeks Community Development District

Deer Run Community Development District

Dowden West Community Development District

DP1 Community Development District

Eagle Point Community Development District
East Nassau Stewardship District Eastlake Oaks Community
Development District

Easton Park Community Development District

Estancia @ Wiregrass Community Development District

Evergreen Community Development District

Forest Brooke Community Development District

Gateway Services Community Development District

Gramercy Farms Community Development District

Greenway Improvement District

Greyhawk Landing Community Development District

Griffin Lakes Community Development District

Habitat Community Development District

Harbor Bay Community Development District

Harbourage at Braden River Community Development District

Harmony Community Development District

Harmony West Community Development District

Harrison Ranch Community Development District

Hawkstone Community Development District

Heritage Harbor Community Development District

Heritage Isles Community Development District

Heritage Lake Park Community Development District

Heritage Landing Community Development District

Heritage Palms Community Development District

Heron Isles Community Development District

Heron Isles Community Development District

Highland Meadows II Community Development District

Julington Creek Community Development District

Laguna Lakes Community Development District

Lake Bernadette Community Development District

Lakeside Plantation Community Development District

Landings at Miami Community Development District

Legends Bay Community Development District

Lexington Oaks Community Development District

Live Oak No. 2 Community Development District

Madeira Community Development District

Marhsall Creek Community Development District

Meadow Pointe IV Community Development District

Meadow View at Twin Creek Community Development District

Mediterra North Community Development District

Midtown Miami Community Development District

Mira Lago West Community Development District

Montecito Community Development District

Narcoossee Community Development District

Naturewalk Community Development District

New Port Tampa Bay Community Development District

Overoaks Community Development District

Panther Trace II Community Development District

Paseo Community Development District

Pine Ridge Plantation Community Development District

Piney Z Community Development District

Poinciana Community Development District

Poinciana West Community Development District

Port of the Islands Community Development District

Portofino Isles Community Development District

Quarry Community Development District

Renaissance Commons Community Development District

Reserve Community Development District

Reserve #2 Community Development District

River Glen Community Development District

River Hall Community Development District

River Place on the St. Lucie Community Development District

Rivers Edge Community Development District

Riverwood Community Development District

Riverwood Estates Community Development District

Rolling Hills Community Development District

Rolling Oaks Community Development District

Sampson Creek Community Development District

San Simeon Community Development District

Six Mile Creek Community Development District

South Village Community Development District

Southern Hills Plantation I Community Development District

Southern Hills Plantation Ill Community Development District

South Fork Community Development District

St. John's Forest Community Development District

Stoneybrook South Community Development District

Stoneybrook South at ChampionsGate Community Development District

Stoneybrook West Community Development District

Tern Bay Community Development District

Terracina Community Development District

Tison's Landing Community Development District

TPOST Community Development District

Triple Creek Community Development District

TSR Community Development District

Turnbull Creek Community Development District

Twin Creeks North Community Development District

Urban Orlando Community Development District

Verano #2 Community Development District

Viera East Community Development District

VillaMar Community Development District

Vizcaya in Kendall Development District

Waterset North Community Development District

Westside Community Development District

WildBlue Community Development District

Willow Creek Community Development District

Willow Hammock Community Development District

Winston Trails Community Development District

Zephyr Ridge Community Development District

Other Governmental Organizations

City of Westlake

Florida Inland Navigation District Fort Pierce Farms Water Control
District

Indian River Regional Crime Laboratory, District 19, Florida

Viera Stewardship District

Office of the Medical Examiner, District 19

Rupert J. Smith Law Library of St. Lucie County
St. Lucie Education Foundation Seminole Improvement District Troup Indiantown Water
Control District

Current or Recent Single Audits,

St. Lucie County, Florida Early Learning Coalition, Inc.
Treasure Coast Food Bank, Inc.

Gateway Services Community Development District

Members of our audit team have acquired extensive experience from performing or participating in over 2,100 audits of governments, independent special taxing districts, school boards, and other agencies that receive public money and utilize fund accounting.

Much of our firm's auditing experience is with compliance auditing, which is required for publicly financed agencies. In this type of audit, we do a financial examination and also confirm compliance with various statutory and regulatory guidelines.

Following is a summary of our other experience, including Auditor General experience, as it pertains to other governmental and fund accounting audits.

Counties
(Includes elected constitutional officers, utilities and dependent taxing districts)

Indian River Martin Okeechobee Palm Beach

Municipalities

City of Port St. Lucie City of Vero Beach Town of Orchid

Special Districts

Bannon Lakes Community Development District Boggy Creek Community Development District Capron Trail Community Development District Celebration Pointe Community Development District Coquina Water Control District
Diamond Hill Community Development District Dovera Community Development District
Durbin Crossing Community Development District Golden Lakes Community Development District Lakewood Ranch Community Development District Martin Soil and Water Conservation District Meadow Pointe Ill Community Development District Myrtle Creek Community Development District
St. Lucie County - Fort Pierce Fire District The Crossings at Fleming Island
St. Lucie West Services District
Indian River County Mosquito Control District St. John's Water Control District
Westchase and Westchase East Community Development Districts Pier Park Community Development District
Verandahs Community Development District Magnolia Park Community Development District

Schools and Colleges

Federal Student Aid Programs - Indian River Community College Indian River Community College
Okeechobee County District School Board St. Lucie County District School Board

State and County Agencies

Central Florida Foreign-Trade Zone, Inc. (a nonprofit organization affiliated with the St. Lucie County Board of County Commissioners)
Florida School for Boys at Okeechobee
Indian River Community College Crime Laboratory Indian River Correctional Institution

FEE SCHEDULE

We propose the fee for our audit services described below to be $3,315 for the year ended September 30, 2021, $3,500 for the year ended September 30, 2022, $3,575 for the year ended September 30, 2023, and $3,750 for the years ended September 30, 2024 and 2025. The fee is contingent upon the financial records and accounting systems of Annabelle Island Community Development District being "audit ready" and the financial activity for the District is not materially increased. If we discover that additional preparation work or subsidiary schedules are needed, we will consult with your authorized representative. We can assist with this additional work at our standard rates should you desire.

SCOPE OF WORK TO BE PERFORMED

If selected as the District's auditors, we will perform a financial and compliance audit in accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual basis on the financial statements of Annabelle Island Community Development District as of September 30, 2021, 2022, 2023, 2024, and 2025. The audits will be performed to the extent necessary to express an opinion on the fairness in all material respects with which the financial statements present the financial position, results of operations and changes in financial position in conformity with generally accepted accounting principles and to determine whether, for selected transactions, operations are properly conducted in accordance with legal and regulatory requirements. Reportable conditions that are also material weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered during the course of the audit will be reported in a separate letter to management, which will be referred to in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters.

Our audit will be performed in accordance with standards for financial and compliance audits contained in Government Auditing Standards, as well as in compliance with rules and regulations of audits of special districts  as  set  forth  by  the  State  Auditor  General  in  Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and procedures, or rules and regulations which may pertain to the work required in the engagement.

The primary purpose of our audit will be to express an opinion on the financial statements discussed above. It should be noted that such audits are subject to the inherent risk that errors or irregularities may not be detected. However, if conditions are discovered which lead to the belief that material errors, defalcations or other irregularities may exist or if other circumstances are encountered that require extended services, we will promptly notify the appropriate individual.

[ Personnel Qualifications and Experience

J. W. Gaines, CPA, CITP
Director - 41 years

Education
Stetson University, B.B.A. - Accounting

Registrations
+	Certified Public Accountant - State of Florida, State Board of Accountancy
Certified Information Technology Professional (CITP) - American Institute of Certified Public Accountants

Professional Affiliations/Community Service
Member of the American and Florida Institutes of Certified Public Accountants
Affiliate member Government Finance Officers Association
Past President, Vice President-Campaign Chairman, Vice President and Board Member of United Way of St. Lucie County, 1989 - 1994
Past President, President Elect, Secretary and Treasurer of the Treasure Coast Chapter of
the Florida Institute of Certified Public Accountants, 1988 - 1991
Past President of Ft. Pierce Kiwanis Club, 1994 - 95, Member/Board Member since 1982
Past President, Vice President and Treasurer of St. Lucie County Chapter of the American Cancer Society, 1980 -1986
Member of the St. Lucie County Chamber of Commerce, Member Board of Directors, Treasurer, September 2002 - 2006, Chairman Elect 2007, Chairman 2008, Past Chairman
2009
Member Lawnwood Regional Medical Center Board of Trustees, 2000 - Present, Chairman 2013 - Present
Member of St. Lucie County Citizens Budget Committee, 2001 - 2002
+	Member of Ft. Pierce Citizens Budget Advisory Committee, 201O - 2011
Member of Ft. Pierce Civil Service Appeals Board, 2013 - Present

Professional Experience
Miles Grant Development/Country Club - Stuart, Florida, July 1975 - October 1976
+	State Auditor General's Office - Public Accounts Auditor - November 1976 through September 1979
Director - Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL, responsible for numerous government and nonprofit audits.
Over 40 years experience in all phases of public accounting and auditing experience, with a concentration in financial and compliance audits. Mr. Gaines has been involved in  all phases of the audits listed on the preceding pages.

I Personnel  Qualifications and Experience	
J. W. Gaines, CPA, CITP (Continued)
Director

Continuing Professional Education
Has participated in numerous continuing professional education courses provided by nationally recognized sponsors over the last two years to keep abreast of the latest developments in accounting and auditing such as:
Governmental Accounting Report and Audit Update Analytical Procedures, FICPA
Annual Update for Accountants and Auditors Single Audit Sampling and Other Considerations

I Personnel Qualifications and Experience

David S. McGuire, CPA, CITP Accounting and Audit Principal - 18 years Accounting and Audit Manager - 4 years Staff Accountant	- 11 years
Education
University of Central Florida, B.A. - Accounting
Barry University - Master of Professional Accountancy

Registrations
Certified Public Accountant - State of Florida, State Board of Accountancy
Certified Information Technology Professional (CITP) - American Institute of Certified Public Accountants
Certified Not-For-Profit Core Concepts 2018
Professional Affiliations/Community Service
Member of the American and Florida Institutes of Certified Public Accountants
Associate Member, Florida Government Finance Office Associates
Assistant Coach - St. Lucie County Youth Football Organization (1994 - 2005)
Assistant Coach - Greater Port St. Lucie Football League, Inc. (2006 - 2010)
Board Member - Greater Port St. Lucie Football League, Inc. (2011 - 2017)
Treasurer, AIDS Research and Treatment Center of the Treasure Coast, Inc. (2000 - 2003)
Board Member/Treasurer, North Treasure Coast Chapter, American Red Cross (2004 - 2010)
Member/Board Member of Port St. Lucie Kiwanis (1994 - 2001)
President (2014/15) of Sunrise Kiwanis of Fort Pierce (2004 - 2017)
St. Lucie District School Board Superintendent Search Committee (2013 - present)
Board Member - Phrozen Pharoes (2019-2021)
Professional Experience
Twenty-eight years public accounting experience with an emphasis on nonprofit and governmental organizations.
Audit Manager in-charge on a variety of audit and review engagements within several industries, including the following government and nonprofit organizations:
St. Lucie County, Florida
19th Circuit Office of Medical Examiner Troup Indiantown Water Control District
Exchange Club Center for the Prevention of Child Abuse, Inc. Healthy Kids of St. Lucie County
Mustard Seed Ministries of Ft. Pierce, Inc. Reaching Our Community Kids, Inc.
Reaching Our Community Kids - South
St. Lucie County Education Foundation, Inc. Treasure Coast Food Bank, Inc.
North Springs Improvement District
Four years of service in the United States Air Force in computer operations, with a top  secret (SCI/SB!) security clearance.

I Personnel Qualific tions and Experience

David S. McGuire, CPA, CITP (Continued)
Accounting and Audit Principal

Continuing Professional Education
Mr. McGuire has attended numerous continuing professional education courses and seminars taught by nationally recognized sponsors in the accounting auditing and single audit compliance areas. He has attended courses over the last two years in those areas as follows:
Not-for-Profit Auditing Financial Results and Compliance Requirements Update: Government Accounting Reporting and Auditing
Annual Update for Accountants and Auditors

I Personnel  Qualifications  and Experience	

David F. Haughton, CPA
Accounting and Audit Manager - 30 years

Education
+	Stetson University, B.B.A. - Accounting

Registrations
+	Certified Public Accountant - State of Florida, State Board of Accountancy

Professional Affiliations/Community Service
+	Member of the American and Florida Institutes of Certified Public Accountants
+	Former Member of Florida Institute of Certified Public Accountants Committee on State and Local Government
+	Affiliate Member Government Finance Officers Association (GFOA) for over 10 years
+	Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10 years
+	Technical Review - 1997 FICPA Course on State and Local Governments in Florida
+	Board of Directors - Kiwanis of Ft. Pierce, Treasurer - 1994-1999; Vice President - 1999- 2001

Professional Experience
+		Twenty-seven years public accounting experience with an emphasis on governmental and nonprofit organizations.
+	State Auditor General's Office - West Palm Beach, Staff Auditor,  June  1985  to September 1985
+ Accounting and Audit Manager of Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL, responsible for audit and accounting services including governmental and not-for-profit audits.
+ Over 20 years of public accounting and governmental experience, specializing in governmental and nonprofit organizations with concentration in special districts, including Community Development Districts which provide services including water and sewer utilities. Governmental and non-profit entities served include the following:

Counties:
St. Lucie County

Municipalities: City of Fort Pierce City of Stuart

I Personnel Qualifications and Ex erience

David F. Haughton, CPA (Continued)
Accounting and Audit Manager

Professional Experience (Continued) Special Districts:
Bluewaters Community Development District
Country Club of Mount Dora Community Development District Fiddler's Creek Community Development District #1 and #2 Indigo Community Development District
North Springs Improvement District
Renaissance Commons Community Development District St. Lucie West Services District
Stoneybrook Community Development District Summerville Community Development District Terracina Community Development District Thousand Oaks Community Development District Tree Island Estates Community Development District Valencia Acres Community Development District

Non-Profits:
The Dunbar Center, Inc.
Hibiscus Children's Foundation, Inc. Hope Rural School, Inc.
Maritime and Yachting Museum of Florida, Inc. Tykes and Teens, Inc.
United Way of Martin County, Inc.
Workforce Development Board of the Treasure Coast, Inc.
While with the Auditor General's Office he was on the staff for the state audits of the Martin County School District and Okeechobee County School District.
During 1997 he performed a technical review of the Florida Institute of Certified Public Accountants state CPE course on Audits of State and Local Governments in Florida. His comments were well received by the author and were utilized in future updates  to the course.
Continuing Professional Education
During the past several years, he has participated in numerous professional development training programs sponsored by the AICPA and FICPA, including state conferences on special districts and governmental auditing in Florida. He averages in excess of 100 hours bi-annually of advanced training which exceeds the 80 hours required in accordance with the continuing professional education requirements of the Florida State Board of accountancy and the AICPA Private Companies Practice Section. He has over 75 hours of governmental CPE credit within the past two years.

[}>ersonnel Qualifications and Experience	

Matthew Gonano, CPA
Senior Staff Accountant - 10 years

Education
University of North Florida, B.B.A. -Accounting
University of Alicante, Spain - International Business
Florida Atlantic University - Masters of Accounting

Professional Affiliations/Community Service

American Institute of Certified Public Accountants
Florida Institute of Certified Public Accountants

Professional Experience

Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.
Performed	audits of nonprofit and governmental organizations in accordance with Governmental Accounting Auditing Standards (GAAS)
Performed Single Audits of nonprofit organizations in accordance with 0MB Circular A-133, Audits of State, Local Governments, and Non-Profit Organizations.

Continuing Professional Education
Mr. Gonano has participated in numerous continuing professional education courses.

[  Personnel  Qualifications and Experience	

Paul Daly
Staff Accountant - 9 years

Education
Florida Atlantic University, B.S. -Accounting

Professional Experience
Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
Working to attain the requirements to take the Certified Public Accounting (CPA) exam.

[      Personnel  Qualifications  and Experience	

Melissa Marlin, CPA
Senior Staff Accountant - 7 years

Education
+	Indian River State College, A.A. - Accounting
+	Florida Atlantic University, B.B.A. - Accounting

Professional Experience
+	Staff accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
Mrs. Marlin participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Mrs. Marlin is currently studying to pass the CPA exam.

I Personnel Qualifications  and Experience	
Bryan Snyder
Staff Accountant - 5 years

Education
+	Florida Atlantic University, B.B.A. - Accounting

Professional Experience
Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines,
& Frank.
Mr. Snyder is gaining experience auditing governmental & nonprofit entities.

Continuing Professional Education
Mr. Snyder participates in numerous continuing education courses and plans on working to acquire his CPA certificate.
+	Mr. Snyder is currently studying to pass the CPA exam.

I Personnel Qualifications an	Experience

Maritza Stonebraker
Staff Accountant - 4 years

Education
Indian River State College, B.S.A. - Accounting

Professional Experience
Staff Accountant beginning her professional auditing career with Berger, Toombs, Elam, Gaines, & Frank.

Continuing Professional Education
Mrs. Stonebraker participates in numerous continuing education courses and plans on acquiring her CPA.
Mrs. Stonebraker is currently studying to pass the CPA exam.

I Personnel  Qualifications  and l:xperience	

Jonathan Herman, CPA
Senior Staff Accountant - 7 years

Education
University of Central Florida, B.S. - Accounting
Florida Atlantic University, MACC

Professional Experience
Accounting graduate with five years experience with Berger, Toombs, Elam, Gaines, &
Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
Mr. Herman participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.

[ Personnel Qualification!. and Experierice

Sean Stanton, CPA
Staff Accountant - 4 years

Education
University of South Florida, B.S. -Accounting
+	Florida Atlantic University, M.B.A. -Accounting

Professional Experience
Staff accountant with Berger, Toombs, Elam, Gaines, & Frank auditing governmental and non-profit entities.

Continuing Professional Education
+	Mr. Stanton participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.

[  Personnel  Qualifications and Experience	

Taylor Nuccio
Staff Accountant - 3 years

Education
Indian River State College, B.S.A. - Accounting

Professional Experience
Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
+	Ms. Nuccio participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Ms. Nuccio is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam.

[ Personnel Qualifj<:_atio_n _and Experience

Kirk Vasser
Staff Accountant - 1 year

Education
♦· Indian River State College, B.S.A - Accounting

Professional Experience
Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
Mr. Vasser participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Mr. Vasser is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam.

I Personnel Qualifications and Experience

Madison Ballash
Staff Accountant - 1 year

Education
Indian River State College, B.S.A. - Accounting (May 2020)

Professional Experience
Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
Ms. Ballash participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Ms. Ballash is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam.

11:t{l

BAGGETr
ffs J}/ } !j

Judson B. Baggett MBA, CPA, CVA, Portner
Marci Reutimann CPA, Partner

fl 6815 Dairy Rood Zephyrhills, FL 33542
J  (813) 788-2155
4'!,   (813) 782-8606

Report on the Firm's System of Quality Control

To the Partners	October 30, 2019
Berger, Toombs, Elam, Gaines & Frank, CPAs, PL
and the Peer Review Committee of the Florida Institute of Certified Public Accountants

We have reviewed the system of quality control for the accounting and auditing practice of Berger, Toombs, Elam, Gaines & Frank, CPAs, PL, (the firm), in effect for the year ended May 31, 2019. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants (Standards).

A summary of the nature, objectives, scope, limitations of, and the procedures performed in a System Review as described in the Standards may be found at aicpa.org/prsummary. The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating.

Firm's Responsibility

The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not performed or reported in conformity with professional standards, when appropriate, and for remediating weaknesses in its system of quality control, if any.

Peer Reviewer's Responsibility

Our responsibility is to express an opinion on the design of the system of quality control, and the firm's compliance therewith based on our review.

Required Selections and Considerations

Engagements   selected   for  review  included	engagements performed under Government Auditing Standards, including a compliance audit under the Single Audit Act.

As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if applicable, in determining the nature and extent of our procedures.

Opinion

In  our  opinion,  the  system  of  quality  control  for   the   accounting   and   auditing   practice   of Berger, Toombs, Elam, Gaines & Frank, CPAs, PL, in effect for the year ended May 31, 2019, has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency(ies), or fail. Berger, Toombs, Elam, Gaines & Frank, CPAs, PL has received a peer review rating of pass.

-.......

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Membor American lnstitule of Certified Public Accountonts {AlCPA) and Florido lnslitute of Certified Public Accounlonfs (FICPA) Notional Association of Certified Volualion Analysts {NACVA)

ANABELLE ISLAND COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS

District Auditing Services for Fiscal Year 2021
Clay County, Florida

INSTRUCTIONS TO PROPOSERS

SECTION 1. DUE DATE. Sealed proposals must be received no later than Monday, July 5, 2020, at 5:00 p.m., at the offices of District Manager, located at 475 West Town Place, Suite 114, St. Augustine, Florida 32092. Proposals will be publicly opened at that time.

SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with all such  laws, ordinances and regulations.

SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.

SECTION   4.   SUBMISSION   OF   ONLY   ONE  PROPOSAL.  Proposers	shall be
disqualified and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.

SECTION 5. SUBMISSION OF PROPOSAL. Submit eight (8) copies of the Proposal Documents, and other requested attachments at the time and place indicated herein,  which shall be enclosed in an opaque sealed envelope, marked with the title "Auditing Services - Anabelle Island Community Development District" on the face of it.

SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period of ninety (90) days.

SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the "Proposal Documents").

SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.

SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.

SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.

SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a waiver of the District's limited waiver of liability contained in Section 768.28, Florida Statutes, or any other statute or law.

SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents.

List the position or title of all personnel to perform work on the District audit. Include resumes for each person listed; list years of experience in present position for each party listed and years of related experience.

Describe proposed staffing levels, including resumes with applicable certifications.

Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.

The lump sum cost of the provision of the services under the proposal, plus the lump sum cost of four (4) annual renewals.

SECTION 13. PROTESTS. In accordance with the District's Rules of Procedure, any protest regarding the Proposal Documents, must be filed in writing, at the offices of the District Manager, within seventy-two (72) calendar hours (excluding Saturday, Sunday, and state holidays) after the receipt of the Proposal Documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days (including Saturday, Sunday, and state holidays) after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to the aforesaid Proposal Documents.

SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.

ANABELLE ISLAND CDD AUDITOR SELECTION EVALUATION CRITERIA

Ability of Personnel.	(20 Points)

(E.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.)

Proposer's Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation, or respondent, etc.)

Understanding of Scope of Work.	(20 Points)

Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.

Ability to Furnish the Required Services.	(20 Points)

Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and stability as a business entity necessary to complete the services required. (E.g., the existence of any natural disaster plan for business operations)

Price.	(20 Points)

Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services.

Grau & Associates
CERTIFIED PUBLIC ACCO UNTANTS

Proposal to Provide
r
Financial Auditing Services:
ANABELLE ISLAND
COMMUNITY DEVELOPMENT DISTRICT

Proposal Due: July 05, 2021 5:00PM

Submitted to:
Anabelle Island
Community Development District
cf o Dis t ri ct Mana ger
475 West Town Place, Suite 114 St. Augustin e, Florida 32092

__;

Submitted   by: Antonio J. Grau, Par tn er Grau & Asso ciates
951 Ya mato Road, Suite 280 Bo ca Raton, Florida 33431 Tel	(561) 994-9299
(800) 229-4728
Fax	(561) 994-5823
tgra u@graucpa.com www.graucpa.com

fJ

Grau & Associates
C ERTIFIED PUBLIC ACC O UNTANTS

Table of Contents	Page
EXECUTIVE SUMMARY/ TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES ...............................................................................................................................................11 ·
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION .........................................................................................................1..9....

-,

Grau& Associates
C ERT IFIED PUBLIC ACCOUNTANTS

July 05, 2021

Anabelle Island Community Development District c/o District Manager
475 West Town Place, Suite 114
St. Augustine, Florida 32092

Re:		Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2021, with an option for four (4) additional annual renewals.

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

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

Why Grau & Asso ciates:

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

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

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

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

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

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

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

 	--

Very truly yours, Gra u'  &  Associat  es
0
Antonio J. Grau

2

Firm Qualifications

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Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS

3

Grau's Focus and Experience

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Services Provided

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

the Florida Institute of Certified Public Accountants

See next page for report and certificate

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

AICPA I FICPA I GFOA I FASO I FGFOA

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\!	AICPA'

Peer Review Program

Floodil lrutituteoC Cernfi Public Accaumanu

FICPA Peer Review Program
Admin istered in Florida
bv The Florida lnslllute of CPAs

AICPA Peet Relfiew Program
AdministeredIn Florida
by the Florida Institute of CPAs

February 20, 2020

Antonio Grau Grall & Associates
951 Yamato Rd Ste 280
Boca Raton, FL 33431- 1809 Dear Antonio Grau:
It is my pleasure to notify you that on February 20, 2020, the Florida Peer Review Committee accepted the
report on the most recent system Review of your firm. The due date for your next review is Decemper 31, 2022. This is the date by which all review documents should be completed and submitted to the administering entity.

As you know , the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

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Thank you for your cooperation. Sincere .
FtaPA PU4 R

P ee r Review Tearn
Fl CPA Peer Review Committee paul@ficpa.org
800-342-3197 ext. 251

Florida Institute of CPAs

cc: Daniel Hevia, Racquel McIntosh

Firm Number: 900004390114	Review Number: 571202

SOU Esp,anade  Way  '30 1le  2 10 I Tallahassee   . F L :J23 ! I  800 .$42 . 31 97 . In  Fl01lda j 850.224.2727 I Fax: 850.2.22.819 0 I W'M'l.ficoa .org

0	Grau &Assod ates	5

Firm & Staff Experience

Grau& Associates

6

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GRAU AND ASSOCIATES COMMUNITY DEVELOPMENT DISTRICT EXPERIENCE BY MANAGEMENT COMPANY

Profile Briefs :

Antonio J GRAU, CPA (Partner)
Years Performing Audits: 30+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accoun ting , Auditing and Other: 56 hours
Professional Memberships: AICPA, FICPA,FGFOA,GFOA

PFM
12

1]1

GMS
78

I

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7

MERITUS
23

4

TTA

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Racquel McIntosh, CPA (Partner)
Years Performing

Audits: 14+
CPE (last 2 years): Government Accounting, Auditing: 47 hours; Accounting, Auditing and Other: 58 hours
Professional Memberships: AICPA, FICPA,FGFOA,FASD

"Here at Grau & Asso ciates , staying up to date with the

current technological

for our clients, but it also allows us to perform

is one of our top

landscape

priorities. Not only does it provide a more positive experience

a more effective and efficient audit. With the every

changing technology available and utilized by our clients, we are constantly innovating our audit process."
Tony Grau
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0	Grau& Associates	7

YOUR ENGAGEMENT TEAM

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

Grau contracts with an outside group of IT management consultants to assist with matters including, but not limited to; network and database security, internet security and vulnerability testing.

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

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

L

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

Antonio 'Tony' J. Grau, CPA
Partner
Contact: t1:rau@1:raucpa.com I (561) 939-6672
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm's governmental, non-profit, employee benefit, overhead and arbitrage client s. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Manageme nt Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

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

Clients Served (partial list)
(>300) Various Special Districts, including:

Bayside Imp rovement Community Development Dist rict Dunes Community Development District
Fishhawk Community Development District (l,II,IV) Grand Bay at Doral Community Development District Herita ge Harbor North Community Development District

Boca Raton Airport Authority Greater Nap les Fire Rescue District
Ke y Lar go Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control

St. Lucie West Services Dist rict
Ave Maria Stewardship Community District Rivers Edge II Community Developm en t District Bartram Park Community Development Dist rict
Bay Laurel Center Community Developm ent District

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

Professional Education (over the last two years)
Course
Government Accounting and Auditing Accounting, Auditing and Oth er
Total Hours

Hours
24
56
fill [includes of 4 hours of Ethics CPE)

,

Racquel C. McIntosh, CPA
Partner
Contact: rmcintosh@eraucpa.com I (561) 939-6669
Experience
Racq uel has beeri providing government audit, accounting and adv isory services to our clients for over 14 years. She serves as the firm's quality control par tner; in this capacity she closely monitor s engagement quality ensuring standards are followed and maintained throughout the audit.
Rac quel develops in-house trainin g se minars on current government auditing, accounting, and legislative topics and also provides seminars for various government organizations. In addition, she assists clients with implementing new accounting software, legislation, and standards.

Education
Florida Atlantic University (2004)
. Master of Accounting
Florida Atlantic University (2003 ) Bachelor of Arts:
Finance, Accounting

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Clients Served (partial list)
(>300) Va r io us Special Districts, including:

Carlton Lakes Community Devel opment District Golden Lakes Community Development District Rivercrest Community Development District South Fork III Community Development Distr ict TPOST Community Deve lopment District

East Central Regional Wastewater Treatment Facilities Indian Trail Improvement District
Pinellas Park Water Management District Ranger Drainage District
South Trail Fire Protection and Rescue Service District

Professional Associations/ Memberships
American Institute of Certified Public Accountants Florida Institute of Certified Public Accountants

Professional Education (over the last two years)
Course
Government Accounting and Auditing Accounting, Auditing and Other
Total Hours

Westchase Community Development Dis trict Monterra Community Development District
Palm Coast Park Community Development Dist rict Long Leaf Community Development District Watergrass Community Development District

FICPA State & Local Government Committee FGFOA Palm Beach Chapter

Hours
47
58
105. ( in clud es of 4 hours of Ethics CPE)

10

Grau& Associates
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References

 	'1	

Grau& Associates
CERTIF IED  PUBLIC ACCOUNTANTS

11

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

Dunes Community Development District

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 1998
Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092

 	904-940-5850	

Two Creeks Community Development District

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 2007
William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614

 	813-933-5571	

Journey's End Community Development District

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 2004
Todd Wodraska, Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410

 	561-630-4922	

0	Grau & Asso ciat es	· 12

Specific Audit Approach

.
Grau& Assoaates

13

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

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

PHASE I:
Prclimi1101y Pla1111i11g

PHASE II:
Exerntion of the
Audit Plan

Phase I - Pre liminary Planning

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

During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements;
»	Read minutes of meet ings;
» Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
»	Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an unde rstand ing of  internal  control, including knowledge about  the des ign of relevant policies, procedures, and records, and whether they have bee n placed in operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters  which  have  been identified.
rfJ;Grau&.Assodates 	14

...,	Phase II - Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of manag ement. Tasks to be performed in Phase II include, but are not limited to the following:
»	Apply analytical procedures to further assist in the determination of the nature, timing, and

--..

extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
»	Perform tests of account balances and transactions through sampling, vouching, confirmation
and other analytical procedures; and
»	Perform tests of compliance.

Phase III - Co mple tion and Delive ry

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

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

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

Application of this approach in developing our management letter is particula rly important given the increasing financial pressures and public scrutiny facing today's public officials. We will p repa re the management letter at the completion of our final procedures .

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

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

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

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

Is the recommendation cost effective?

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

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

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

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

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

Cost of Services

fJ

Grau& Associates
CERTIFIED  PUBLlC ACCOUNTANTS

17

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2021-2025 are as follows:

Year Ended Se tember 30,	Fee	
2021	$3,400	
2022	$3,500	
2023	$3,600	
2024	$3,700	
2025	$3,800	
TOTAL (2021-2025)	 	$18,000	

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

fJGrau& Associates 	18

Supplemental	Information

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Grau& Associates

PARTIAL LIST OF CLIENTS

SPBCIAL DISTRICTS	;..;..
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Boca Raton Airport Authority					9/30	
Captain's Key Dependent District					9/30	
Central Broward Water Control District					9/30	
Collier Mosquito Control District					9/30	
Coquina Water Control District					9/30	
East Central Regional Wastewater Treatment Facility					9/30	
Florida Green Finance Authority					9/30	
Greater Boca Raton Beach and Park District					9/30	
Greater Naples Fire Control and Rescue District					9/30	
Green Corridor P.A.C.E. District					9/30	
Hobe-St. Lucie ConservancyDistrict					9/30	
Indian River Mosquito Control District					9/30	
Indian Trail ImprovementDistrict					9/30	
Key Largo Waste Water Treatment District					9/30	
Lake Padgett Estates Independent District					9/30	
Lake Worth Drainage District					9/30	
Lealman Special Fire Control District					9/30	
Loxahatchee Groves Water Control District					9/30	
Old Plantation Control District					9/30	
Pal Mar Water Control District					9/30	
Pinellas Park Water Management District					9/30	
Pine Tree Water Control District (Broward)					9/30	
Pinetree Water Control District (Wellington)					9/30	
Ranger Drainage District					9/30	
Renaissance ImprovementDistrict					9/30	
San Carlos Park Fire Protection and Rescue Service District					9/30	
Sanibel Fire and Rescue District					9/30	
South Central Regional Wastewater Treatment and Disposal Board					9/30	
South-Dade Venture Development District					9/30	
South Indian River Water Control District					9/30	
South Trail Fire Protection & Rescue District					9/30	
Spring Lake Improvement District					9/30	
St. Lucie West Services District					9/30	
Sunshine Water Control District					9/30	
West Villages Improvement District					9/30	
Various Community Development Districts (297)					9/30	
TOTAL	333	5	3	328		

0	Grau&Associates

ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES

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

Accounting systems
Development of budgets
Organizational structures
Financing alternatives
IT Auditing

Fixed asset records
Cost reimbursement
Indirect cost allocation
Grant administration and compliance

ARBITRAGE

73

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

Current Arbitrage Calculations

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

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

_j

rfJGrau& Asso ciates

SIXTH ORDER OF BUSINESS

Anabelle Island
Community Development District

Approved Budget
FY 2022

Anabelle Island
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Narrative	Page 3-8

Revenues
Developer Contributions	
$	550,329	
Special Assessments	$	54,798	
Total Revenues	$	605,127	
		
Expenditures		
Administrative		
Supervisors Fees	$	12,000	
FICA Expense	$	918	
Engineering	$	5,000	
Attorney	$	12,000	
Arbitrage	$	750	
Assessment Roll	$	5,000	
Dissemination Agent	$	3,500	
Annual Audit	$	3,900	
Trustee	$	6,500	
Management Fees	$	45,000	
Website Maintenance	$	1,250	
Information Technology	$	1,800	
Telephone	$	200	
Postage	$	600	
Insurance	$	6,550	
Printing & Binding	$	250	
Legal Advertising	$	2,500	
Other Current Charges	$	500	
Office Supplies	$	100	
Dues, Licenses & Subscriptions	$	175	
Total Administrative	$	108,493	

Field		
Security- monitoring	$	45,000	
Electric	$	1,500	
Water & Sewer/Irrigation	$	30,000	
Repairs & Maintenance	$	5,000	
Landscape - Contract	$	61,977	
Landscape - Contingency	$	5,000	
Landscape - Pond Banks	$	39,000	
Lake Maintenance	$	10,000	
Irrigation Repairs	$	10,000	
Total Field	$	207,477	

Amenity
Insurance Phone/Internet/Cable Electric Water/Irrigation
Gas
Refuse Service Security Monitoring Access Cards
Field Mgmt/Admin Landscape - Contract
Fitness Equipment Lease (Sofitco) Janitorial Maintenance
Janitorial Supplies Pool Maintenance Facility Maintenance
Repairs & Maintenance Special Events
Fitness Center Repairs/Supplies Office Supplies
ASCAP/BMI License Fees Pest Control
Capital Outlay Reserves

$	30,000
$	3,000
$	16,000
$	6,000
$	1,250
$	2,500
$	11,497
$	2,500
$	20,000
$	50,000
$	17,500
$	28,000
$	4,000
$	12,900
$	7,500
$	4,310
$	4,000
$	900
$	1,000
$	500
$	800
$	15,000
$	50,000

Total Amenity Center	$	289,157

Total Expenditures	$	605,127

Excess Revenues/(Expenditures)	$	-

	FY 2022	
Net Assessment	$54,798	
Gross Assessment	$58,294	
Per Unit net Assessments	$782.83	
Per Unit Gross Assessments	$832.77	
Homes Platted/Sold	70	

REVENUES:

Assessments

The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year. The assessment may either be invoiced directly to the property owner or placed on the Clay County Tax Roll.

EXPENDITURES:

Administrative:

Supervisors Fees

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

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from the Board of Supervisors checks.

Engineering

The District will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, review invoices, etc.

Attorney

The District’s legal counsel, Hopping, Green & Sams will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District’s Series Special Assessment Revenue Bonds.

Assessment Roll

The District has contracted with Governmental Management Services, LLC for the certification and collection of the District’s annual maintenance and debt service assessments. Assessments on platted lots are collected by agreement with Clay County while unplatted assessments maybe collected directly by District and/or by County Tax Collector.

Dissemination

The District has contracted with GMS, LLC to act as the Dissemination Agent for the District to prepare the Annual Disclosure Report required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Annual Audit

The District is required annually to conduct an audit of its financial records.

Trustee Fees

The Trustee administers the District’s Special Assessment Revenue Bonds. The amount represents the annual fee for the administration of the District’s bond issue.

Management Fees

The District receives management, accounting and administrative services as part of a management agreement with Governmental Management Services, LLC (“GMS”). These services are further outlined in Exhibit “A” of the Management Agreement with GMS.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Telephone

Telephone conference costs for District meetings, workshops and committee meetings.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings etc. in a newspaper of general circulation.

Other Current Charges

Estimated bank charges and any other miscellaneous expenses that incurred during the year.

Office Supplies

Miscellaneous office supplies.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Field:

Security

Estimated maintenance costs of the security monitoring.

Electric

Estimated costs for electric billed to the District by Clay County Electric.

Water/Sewer/Irrigation

Estimated costs for irrigation by the district for water, sewer and irrigation.

Repairs and Maintenance

Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Landscape Maintenance

Estimated costs related to maintain the common areas of the District.

Landscape Contingency

Estimated costs for other landscape maintenance incurred by the District.

Landscape Pond Banks

Estimated costs to maintain ponds in the District.

Lake Maintenance

Estimated costs to maintain ponds throughout the District.

Irrigation Repairs

Estimated miscellaneous irrigation maintenance and repair costs.

Amenity:

Insurance

Estimated Property Insurance policy from Florida Insurance Alliance.

Phone/Internet/Cable

Estimated costs for phone, cable and internet in the Amenity Center.

Electric

Estimated costs for electric billed to the District by Clay County Electric.

Water/Irrigation

Estimated costs for irrigation by the district for water, sewer and irrigation.

Gas

The estimated cost for gas for firepit/grills.

Refuse Service

Estimated cost for refuse removal service.

Security Monitoring

Estimated maintenance costs of the security monitoring.

Access Cards

Entry cards are issued to all CDD residents for facility access.

Field Management

Estimated costs for onsite field management of contracts for District Services such as landscaping, amenity & pool facilities, lake maintenance, etc.

Fitness Equipment Rentals

The District has contracted with Sofitco to rent fitness equipment.

Janitorial Maintenance

Estimated costs for janitorial services for the Amenity Center.

Janitorial Supplies

Estimated costs for janitorial for janitorial supplies for Amenity Center.

Pool Maintenance

Estimated cost to maintain the Amenity swimming pools.

Facility Maintenance

Estimated cost for maintenance and repairs necessary for upkeep of the Amenity Center and common grounds area.

Repair and Maintenance

Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Special Events

Represents estimated costs for the District to host special events for the community through the Fiscal Year.

Fitness Center R&M

Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Fitness Center.

Office Supplies

Office supplies for the Amenity Center.

ASCAP/BMI License Fees

Represent estimated costs for music licenses for Amenity Center.

Pest Control

The estimated costs for monthly pest control services.

Capital Outlay

Estimated costs of capital assets, such as equipment, goods and services, the benefits of which extend beyond the fiscal year that materially increase their value or useful life.

Reserves

Establishment of general reserve for operating capital and to fund future replacements.

TENTH ORDER OF BUSINESS

Anabelle Island
Community Development District
Unaudited Financial Reporting June 30, 2021

Table of Contents

 	Balance Sheet

 	General Fund Income Statement

 	Month to Month

 	Developer Contributions Schedule

Anabelle Island
Community Development District
BALANCE SHEET
June 30, 2021

	 	General Fund		
ASSETS:		
Cash	$17,823	
Accounts Receivable	$10,959	
TOTAL ASSETS	 	$28,782 	

LIABILITIES:		
Accounts Payable	$0	
FUND BALANCES:
Unrestricted	
$28,782	
TOTAL LIABILITIES & FUND EQUITY	 	$28,782 	

Anabelle Island
Community Development District
GENERAL FUND
Statement of Revenues & Expenditures For The Period Ending
June 30, 2021

	ADOPTED
BUDGET	PRORATED BUDGET
6/30/21	ACTUAL
6/30/21	
VARIANCE	
REVENUES:					
Developer Contributions	$64,526	$32,263	$30,959	($1,304)	
TOTAL REVENUES	$64,526	$32,263	$30,959	($1,304)	
EXPENDITURES:					
ADMINISTRATIVE:					
Supervisors Fees	$6,000	$3,000	$646	$2,354	
FICA Expense	$459	$230	$0	$230	
Engineering	$6,000	$3,000	$0	$3,000	
Attorney	$12,500	$6,250	$0	$6,250	
Assessment Administration	$0	$0	$0	$0	
Management Fees	$22,500	$11,250	$0	$11,250	
Website Creation/ADA Compliance	$1,750	$875	$0	$875	
Website Maintenance	$600	$300	$0	$300	
Information Technology	$900	$450	$0	$450	
Telephone	$250	$125	$0	$125	
Postage	$500	$250	$0	$250	
Insurance	$3,500	$1,750	$0	$1,750	
Printing & Binding	$500	$250	$0	$250	
Legal Advertising	$8,000	$4,000	$1,530	$2,470	
Other Current Charges	$500	$250	$1	$249	
Office Supplies	$417	$209	$0	$209	
Dues, Licenses & Subscriptions	$150	$150	$0	$150	
TOTAL EXPENDITURES	$64,526	$32,338	$2,177	$30,161	
					
EXCESS REVENUES (EXPENDITURES)	$0		$28,782		
					
FUND BALANCE - Beginning	$0		$0		
					
FUND BALANCE - Ending	$0		$28,782		

Anabelle Island
Community Development District

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	

REVENUES														
Developer Contributions	$0	$0	$0	$0	$0	$0	$0	$20,000	$10,959	$0	$0	$0	$30,959	
TOTAL REVENUES	$0	$0	$0	$0	$0	$0	$0	$20,000	$10,959	$0	$0	$0	$30,959	

EXPENDITURES														
Supervisors Fees	$0	$0	$0	$0	$0	$0	$0	$0	$646	$0	$0	$0	$646	
FICA Expense	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Engineering	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Attorney	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Assessment Administration	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Management Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Website Creation/ADA Compliance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Website Maintenance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Information Technology	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Telephone	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Postage	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Insurance	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Printing & Binding	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Legal Advertising	$0	$0	$0	$0	$0	$0	$0	$0	$1,530	$0	$0	$0	$1,530	
Other Current Charges	$0	$0	$0	$0	$0	$0	$0	$0	$1	$0	$0	$0	$1	
Office Supplies	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Dues, Licenses & Subscriptions	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
TOTAL EXPENDITURES	$0	$0	$0	$0	$0	$0	$0	$0	$2,177	$0	$0	$0	$2,177	
														
EXCESS REVENUES (EXPENDITURES)	$0	$0	$0	$0	$0	$0	$0	$20,000	$8,782	$0	$0	$0	$28,782	

3

Anabelle Island
Community Development District
Developer Contributions/Due from Developer

Funding Request
#	Date Prepared	Date Payment
Received	Check Amount	Total Funding
Request	General Fund
Portion	Capital (Due to
Developer)	Over and (short)
Balance Due	

1	
4/6/21	
2/8/21	
$20,000.00	
$20,000.00	
$20,000.00	
$0.00	
$0.00	
2	4/30/21	6/28/21	$10,958.90	$10,958.90	$9,420.40	$1,538.50	$0.00	
3	5/27/21			$12,045.61	$8,448.11	$3,597.50	($12,045.61)	
4	7/4/21			$20,189.81	$10,491.31	$9,698.50	($20,189.81)	
Due from Developer	$30,958.90	$63,194.32	$48,359.82	$14,834.50	($32,235.42)	
						
Total Developer Contributions FY21		   $63,194.32 				

4

ELEVENTH ORDER OF BUSINESS

Anabelle Island
Community Development District	FY 21 Funding Request #4
July 4, 2021

PAYEE

CAPITAL PROJECT

GENERAL FUND

1	Hopping Green & Sams
Inv # 123135 - General Counsel - May 2021 Inv # 123136 - Bond Validation - May 2021	

$ 2,373.50	
$ 3,690.81	
2	Governmental Management Services
Inv # 3 - Management Fees - June 2021		
$ 4,208.50	
3	Clay Today
Inv # 323511 - Notice of uniform method of collection - 4/13/21		
$	376.00	
	Inv # 323514 - Notice of public hearing - 4/13/21		$	146.00	
	Inv # 324847 - Notice of Audit Committee Meeting - 5/19/21		$	51.00	
	Inv # 325244 - Notice of public hearing - 6/1/21		$	152.00	
	Inv # 325573 - Notice of Meeting - 6/9/21		$	51.00	
	Inv # 325756 - Request for Proposals for Annual Audit Services - 6/15/21		$	66.00	
4	ReAlign Web Design
Inv # 51124 - Completed Website - anabelleislandcdd.com - 6/3/21		
$ 1,750.00	
5	Dunn & Associates, Inc.
Inv #21-423 - Project work - 6/25/2021	
$ 7,325.00		
		$ 9,698.50	$10,491.31	
		
TOTAL	
$20,189.81	

Please make check payable to:
Anabelle Island CDD
475 W Town Place Suite 114 Saint Augustine, FL 32092

Signature:  	
Chairman/Vice Chairman

Signature:  	
Secretary/Asst. Secretary