Crossings Community Development District

Meeting Agenda November 13, 2024

Crossings
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

November 6, 2024

Board of Supervisors Meeting
Crossings Community Development District

Dear Board Members:
A meeting of the Board of Supervisors of the Crossings Community Development District will be held on Wednesday, November 13, 2024, at 9:05 AM at the Holiday Inn & Suites Orlando SW - Celebration Area, 5711 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746.

Zoom Video Link: https://us06web.zoom.us/j/88027955019
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 880 2795 5019

Following is the advance agenda for the meeting:
Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members
Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election
Election of Officers
Consideration of Resolution 2025-02 Electing Officers
Approval of Minutes of the August 7, 2024 Board of Supervisors Meeting
Consideration of Resolution 2025-03 Ratifying Series 2024 Bonds
Consideration of Amended and Restated Disclosure of Public Financing
Consideration of Resolution 2025-04 Directing Chairman and District Staff to File a Petition Amending District Boundaries
Consideration of Boundary Amendment Funding Agreement
Presentation of Arbitrage Rebate Report for Series 2022 Bonds from AMTEC
Staff Reports
Attorney
Engineer
Ratification of Work Authorization 2025-1 for District Engineering Services
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Reminder: 4 Hours of Ethics Training Must be Completed by 12/31/24
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

Section III

SECTION 8
RESOLUTION 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS’ ELECTION OF SUPERVISORS HELD PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES, AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Crossings Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within Osceola County, Florida; and

WHEREAS, pursuant to Section 190.006(2), Florida Statutes, a landowners meeting is required to be held within 90 days of the District’s creation and every two (2) years following the creation of the District for the purpose of electing supervisors of the District; and

WHEREAS, such landowners meeting was held at which the below recited persons were duly elected by virtue of the votes cast in their favor; and

WHEREAS, the Board of Supervisors of the District, by means of this Resolution, desire to canvas the votes and declare and certify the results of said election.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT:

ELECTION RESULTS. The following persons are found, certified, and declared to have been duly elected as Supervisors of and for the District, having been elected by the votes cast in their favor as shown:

Kareyann Ellison	Seat 1	Votes 140	
Garret Parkinson	Seat 4	Votes 150	
David Adams	Seat 5	Votes 150	

TERMS. In accordance with Section 190.006(2), Florida Statutes, and by virtue of the number of votes cast for the Supervisors, the above-named persons are declared to have been elected for the following term of office:
Garret Parkinson	4 Year Term
David Adams	4 Year Term
Kareyann Ellison	2 Year Term

EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 13th day of November 2024.
ATTEST:
CROSSINGS COMMUNITY DEVELOPMENT DISTRICT

	
Secretary/Assistant Secretary
Chairperson/Vice Chairperson, Board of Supervisors

Section D
RESOLUTION 2025-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Crossings Community Development District (hereinafter the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within Osceola County, Florida; and
Whereas, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the
District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT:
Section 1. The following persons are elected to the offices shown: Chairperson		
Vice Chairperson		
Secretary	Jill Burns
Assistant Secretary		
Assistant Secretary		
Assistant Secretary		
Assistant Secretary	George Flint

Section 2. This Resolution shall become effective immediately upon its adoption.
Passed and adopted this 13th day of November 2024.

ATTEST:	CROSSINGS COMMUNITY
DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

MINUTES
MINUTES OF MEETING CROSSINGS
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Crossings Community Development District was held on Wednesday, August 7, 2024, at 9:05 a.m. at the West Osceola Branch Library, 305 Campus Street, Celebration, Florida.

Present and constituting a quorum were:

Brian Walsh	Chairman
Milton Andrade	Vice Chairman
Garret Parkinson	Assistant Secretary
Kareyann Ellison by Zoom	Assistant Secretary Also, present were:
Jill Burns	District Manager, GMS
Patrick Collins	District Counsel, Kilinski Van Wyk
Roy Van Wyk	District Counsel, Kilinski Van Wyk
Rey Malave	District Engineer, Dewberry
Jarrett Wright	Field Manager, GMS

The following is a summary of the discussions and actions taken at the August 7, 2024 Crossings Community Development District’s regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 9:05 a.m. Three Supervisors were in attendance at the meeting and one on Zoom constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns noted that there are only Board members and staff. There were no members of the public in attendance.
THIRD ORDER OF BUSINESS	Approval of Minutes of the June 5, 2024
Board of Supervisors Meeting

Ms. Burns presented the minutes for the June 5, 2024 Board of Supervisors Meeting. She asked for any comments, corrections, or changes to the meeting minutes. The Board had no changes to the minutes.

FOURTH ORDER OF BUSINESS	Presentation  and  Approval  of  Second
Supplemental Assessment Methodology (2024 Project) with Final Numbers dated July 24, 2024
Ms. Burns stated that they received final numbers on July 24th. Those have been incorporated into the methodology report. Ms. Burns noted that there are 276 total units in Phase
2. Table 2 shows the infrastructure cost estimate of $28,530,823. Table 3 shows a bond sizing of
$14,000,000. Table 4 shows the improvement costs for each product type. Table 5 shows a par debt per unit per product type. Table 6 breaks down the net and gross annual assessment per unit, which is collected out of the county tax bill. Table 7 shows the preliminary assessment roll.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-07
Supplemental	Assessment	Resolution (Series 2024 Project)
Ms. Burns stated this resolution outlies and confirms the terms of the bond issuance, which will close on Friday, August 9th.

SIXTH ORDER OF BUSINESS	Public Hearings
Ms. Burns asked for a motion to open the public hearing.

Ms. Burns stated there were no members of the public present.

Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget
Consideration of Resolution 2024-08 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds
Ms. Burns noted that they increased the deficit funding amount from the developer to hit the target assessment level of $125 increase per lot. Everyone in the community was noticed at the same amount. Ms. Burns noted that the $100,000 line item for amenity staff was taken out because they found out that it was not required. There is a line item for security, which they decided to increase.

Consideration of Fiscal Year 2024/2025 Budget Deficit Funding Agreement
Ms. Burns stated this was with Clayton Funding Group and will fund the deficit up to the amount listed.

Public Hearing on the Imposition of Operations and Maintenance Special Assessments
Ms. Burns asked for a motion to open the public hearing.

Ms. Burns stated there were no members of the public present.

Consideration of Resolution 2024-09 Imposing Special Assessments and Certifying an Assessment Roll
Ms. Burns stated there was an updated assessment roll in the agenda package. The only thing that was changed was the O&M amounts listed.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-10
Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2024/2025
Ms. Burns stated the meeting will be held on the first Wednesday at 9:00 a.m. at the same location.

EIGHTH ORDER OF BUSINESS	Consideration of Adoption of Goals and
Objectives for the District
Ms. Burns stated there has been a change in Florida Statute that now requires Districts to adopt a set of goals and objectives for the District. She asked for a motion to approve the goals and objectives.

NINTH ORDER OF BUSINESS	Presentation of Fiscal Year 2023 Audit
Ms. Burns stated the Fiscal Year 2023 audit report is on page 30. She noted that this is a clean audit with no findings. This audit was performed by DiBartolomeo, McBee, Hartley & Burns.

TENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk stated they have the closing coming up and everything is already ready to go for that.

Engineer
Presentation of Annual Engineer’s Report
Mr. Malave stated they do a walkthrough of all the CDD facilities every year, they then provide a letter to the District stating all of the facilities are working. They are working with staff on any issues they found.

Field Manager’s Report
Mr. Wright stated the facility is still not open, they are waiting for the rails to be installed on the steps by the splashpad. Residents are reaching out and giving staff their information to be able to put into the security for the login information. The fobs need to be programmed and sent out. The water irrigation system has improved. There was debate as to if the District or HOA or homeowner should keep up with a certain lot.

District Manager’s Report

Approval of Check Register
Ms. Burns presented the Check Register. She asked for any comments, questions, or concerns.

Balance Sheet & Income Statement
Ms. Burns stated these are included in the agenda package but there is no action needed.

ELEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

TWELFTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

THIRTEENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V
RESOLUTION 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE ACTIONS OF THE CHAIRPERSON, VICE CHAIRPERSON, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF $21,000,000 CROSSINGS	COMMUNITY	DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024 (SERIES 2024 PROJECT); PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Crossings Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, located entirely within unincorporated Osceola County, Florida; and

WHEREAS, the District previously adopted Resolution Nos. 2022-26 and 2024-05 on January 18, 2022 and June 5, 2024, respectively (collectively, the “Bond Resolution”), authorizing the issuance of its Crossings Community Development District $14,000,000 Special Assessment Bonds (the “Series 2024 Bonds” or the “Bonds”), for the purpose of financing the acquisition and/or construction of all or a portion of the public infrastructure necessary for Phases Two of the District (the “Series 2024 Project”), as described in the Master Assessment Methodology, dated January 18, 2022, as supplemented by the Second Supplemental Assessment Methodology (2024 Project), dated July 24, 2024 (together, the “Assessment Report”); and

WHEREAS, the District closed on the issuance of the Series 2024 Bonds on August 9, 2024; and

WHEREAS, as prerequisites to the issuance of the Series 2024 Bonds, the Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and District staff including the District Manager, District Assessment Consultant, District Counsel and Bond Counsel (together, the “District Staff”) were required to execute and deliver various documents (together, the “Closing Documents”); and

WHEREAS, the District desires to ratify, confirm, and approve all actions of the District Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and District Staff in closing on the issuance of the Series 2024 Bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. The issuance of the Series 2024 Bonds, the adoption of resolutions relating to such Bonds, and all actions taken in the furtherance of the closing on such Bonds, are hereby declared and affirmed as being in the best interests of the District and are hereby ratified, approved, and confirmed by the Board of Supervisors of the District.
SECTION 2. The actions of the Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2024 Bonds, including the execution and delivery of the Closing Documents, and such other certifications or other documents required for the closing on the Series 2024 Bonds, are determined to be in accordance with the prior authorizations of the Board and are hereby ratified, approved, and confirmed in all respects.

SECTION 3. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 4. This Resolution shall become effective upon its adoption.

PASSED AND ADOPTED this 13th day of November 2024.

ATTEST:	CROSSINGS COMMUNITY
DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors

Section VI

AMENDED AND RESTATED DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE
OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT1

Board of Supervisors2
Crossings Community Development District

Brian Walsh
Chairman
Milton Andrade
Vice Chairman
Kareyann Ellison
Assistant Secretary
David Adams
Assistant Secretary
Garrett Parkinson
Assistant Secretary

District Manager
c/o Governmental Management Services Central Florida, LLC 219 E. Livingston Street
Orlando, Florida 32801
Tel: (407) 841-5524
(“District Manager’s Office”)

District records are on file at the District Manager’s Office and are available for public inspection upon request during normal business hours.

1 This amends, supplements, and restates the Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Crossings Community Development District, recorded in the Official Records Book 6252, Page 1401, inclusive, of the Public Records of Osceola County, Florida.
2 This list reflects the composition of the Board of Supervisors as of November 13, 2024. For a current list of Board Members, please contact the District Manager’s Office.
TABLE OF CONTENTS
Introduction	1
What is the District and How is it Governed?	1
Overview of the District’s Projects, Bonds & Debt Assessments	2
Methods of Collection	4
District Boundaries Legal Description	Exhibit A
AMENDED AND RESTATED DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN
BY THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT INTRODUCTION
On behalf of the Crossings Community Development District (“District”), the following information is provided to give you a description of the District’s services and the assessments that have been levied within the District to pay for certain community infrastructure, and the manner in which the District is operated. The District is a unit of special-purpose local government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes (the “Act”). Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents, as well as filed in the property records of each county in which the District is located.
WHAT IS THE DISTRICT AND HOW IS IT GOVERNED?
The District was established by Ordinance No. 2022-04, enacted by the Board of County Commissioners of Osceola County, Florida on January 10, 2022, and effective as of January 11, 2022. The District boundaries encompass approximately 142.01 acres within the unincorporated area of Osceola County, Florida, as described in Exhibit A. The development plan for the lands within the District includes approximately 614 residential units to be constructed in phases. As a local unit of special-purpose government, the District provides an alternate means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.

The District is governed by a five-member Board of Supervisors (“Board” and individually, “Supervisors”), the members of which must be residents of the State of Florida and citizens of the United States. Within ninety (90) days of appointment of the initial Board, members were elected on an at-large basis by the owners of property within the District. Subsequent landowner elections are then held every two years in November. At the landowner elections, and generally stated, each landowner is entitled to cast one vote for each acre of land owned with fractions thereof rounded upward to the nearest whole number, or one vote per platted lot. Commencing six (6) years after the initial appointment of the members of the Board and when the District attains a minimum of two hundred and fifty (250) qualified electors, Supervisors whose terms are expiring will begin to be elected by qualified electors of the District. A “qualified elector” in this instance is any person at least eighteen (18) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered to vote with the Supervisor of Elections for Osceola County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.
The District is subject to Florida law governing open meetings and records. Accordingly, Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is permitted. Consistent with Florida’s public records laws, the records of the District are available for public inspection at the District Manager’s Office during normal business hours.
OVERVIEW OF THE DISTRICT’S PROJECTS, BONDS & DEBT ASSESSMENTS
The District is authorized by the Act to, amongst other things, finance, fund, plan, establish, acquire, install, equip, operate, extend, construct, or reconstruct stormwater management systems, roadway improvements, on-site and off-site wetland mitigation, landscape/hardscape, parks and recreation facilities, irrigation systems and other infrastructure projects and services necessitated by the development of, and serving lands within, the District.
Pursuant to the Act, the District is authorized to levy and impose special assessments to pay all, or any part of, the cost of such infrastructure projects and services and to issue bonds, notes and/or other specific financing mechanisms payable from such special assessments. On April 29, 2022, the Ninth Judicial Circuit of Florida, in and for Osceola County, Florida, entered a Final Judgment validating the District’s ability to issue an aggregate principal amount not to exceed $35,000,000 in Special Assessment Bonds, in one or more series, for infrastructure needs of the District (“Final Judgment”). The Ninth Judicial Circuit of Florida, in and for Osceola County, Florida, has entered a Certificate of No Appeal certifying that no notice of appeal has been filed or taken by any party or other person from the Final Judgment.
Capital Improvement Plan / Master Bonds & Assessments

In 2022, the District authorized the construction and/or financing of its master capital improvement plan (“CIP”). The CIP includes, among other things, master stormwater management system, roadway improvements, water, sewer, reuse, electrical and street lighting improvements, parks and amenities, entry features, and landscaping improvements, and soft costs. The CIP is estimated to cost approximately
$26,783,213.60, and is described in more detail in the Crossings Community Development District Engineer’s Report, dated January 31, 2022, as supplemented by the District’s Supplemental Engineer’s Report, dated June 5, 2024 (together, the “Master Improvement Plan Report”).
The District anticipates financing all or a portion of the CIP by the issuance of one or more series of future special assessment bonds (“Master Bonds”). To secure the repayment of such Master Bonds, the District has levied and imposed one or more non-ad valorem debt service special assessment liens (“Master Assessments”) on certain benefitted lands within the District. The Master Assessments are further described in the Master Assessment Methodology Report, dated January 18, 2022, as supplemented by the First Supplemental Assessment Methodology (2022 Project), dated June 9, 2022, and the Second Supplemental Assessment Methodology (2024 Project), dated July 24, 2024 (together, the “Assessment Report”). A notice of the master assessment lien imposed consistent with the Master Assessment Methodology has been recorded in the Official Records of Osceola County. The Master Assessment Report and the reports that supplement it are designed to conform to the requirements of Chapters 170, 190 and 197, Florida Statutes, are not intended to address any other assessments, if applicable, that may be levied by the District, a homeowner’s association, or any other unit of government.
Allocation of special assessments is a continuous process until the CIP is completed. As a master series of interrelated improvements, the CIP benefits all developable acres within the District. Once platting has begun, the assessments will be allocated to the assigned properties based on the benefits they receive as set forth herein (“Assigned Properties”). The unassigned properties, defined as property that has not been platted and assigned development rights, will continue to be assessed on a per-acre (equal acreage) basis (“Unassigned Properties”). Eventually the development plan will be completed and the assessments securing each series of bonds will be allocated to the benefitted property within the District. If there are changes to the development plan causing a change in the ultimate number of platted units, a true-up of the assessment(s) will be calculated to determine if a debt reduction or true-up payment is required.
Series 2022 Bonds and Assessments
The District has authorized the construction and/or acquisition of its “Series 2022 Project,” as the first phase of its CIP. On June 23, 2022, the District issued $5,800,000 Crossings Community Development District Special Assessment Bonds, Series 2022 (“Series 2022 Bonds”), for the purpose of financing a portion of the Series 2022 Project. The amortization schedules for the Series 2022 Bonds are available at the District Manager’s Office.
The Series 2022 Bonds are secured by special assessments (“Series 2022 Assessments”) levied and imposed on all benefitted lands within the District. The Series 2022 Assessments are further described in the First Supplemental Assessment Methodology Report, dated June 9, 2022 (“First Supplemental Assessment Report”). The Series 2022 Assessments will initially be levied on the approximately 142.01 acres comprising the District, and as lots are platted the assessments are anticipated to be allocated to the residential lots on a first-platted, first-assigned basis. It is anticipated that the assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, for platted lots and directly collected for unplatted property, but the assessments may be collected by any other legal means available to the District.
Series 2024 Bonds and Assessments

In addition to the Series 2022 Project, the District has authorized the construction and/or acquisition of its “Series 2024 Project,” as the second phase of its CIP. On August 9, 2024, the District issued
$14,000,000 Crossings Community Development District Special Assessment Bonds, Series 2024 (“Series 2024 Bonds”), for the purpose of financing a portion of the Series 2024 Project. The amortization schedules for the Series 2024 Bonds are available at the District Manager’s Office.

The Series 2024 Bonds are secured by special assessments (“Series 2024 Assessments”), levied and imposed on all benefitted lands within the District. The Series 2024 Assessments are further described in the Second Supplemental Assessment Methodology (2024 Project), dated July 24, 2024 (“Second Supplemental Assessment Report”). The Series 2024 Assessments will initially be levied on the approximately 64.04 acres comprising the District, and as lots are platted the assessments are anticipated to be allocated to the residential lots on a first-platted, first-assigned basis. It is anticipated that the assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, for platted lots and directly collected for unplatted property, but the assessments may be collected by any other legal means available to the District.

Schedules of the annual assessments on benefiting property levied to defray the debt service obligations of the District are summarized provided below and are available for public inspection at the District Manager’s Office.

The Series 2022 Assessments and the Series 2024 Assessments described above exclude any operations and maintenance assessments that may be determined and calculated annually by the Board against all benefited lands in the District. A detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager’s Office.
Operation and Maintenance Assessments
In addition to the debt assessment described above, the District also imposes on an annual basis operations and maintenance assessments (“O&M Assessments”), which are determined and calculated
annually by the Board in order to fund the District’s annual operations and maintenance budget. O&M Assessments are levied against all benefitted lands in the District and may vary from year to year based on the amount of the District’s budget. O&M Assessments may also be affected by the total number of units that ultimately are constructed within the District. The allocation of O&M Assessments is set forth in the resolutions imposing the assessments. Please contact the District Manager’s Office for more information regarding the allocation of O&M Assessments.

Future Improvements and Assessments
Should the District choose to finance additional portions of its CIP in the future, additional debt assessments may be imposed on property within the District. Such additional assessments will be allocated in a manner consistent with the Master Assessment Methodology.

The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes or other methods authorized by Chapter 190, Florida Statutes. Further information regarding any of the improvements can be obtained from the engineer’s reports on file in the District Manager’s Office. Further, a detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager’s Office.

METHODS OF COLLECTION
For any given fiscal year, the District may elect to collect any special assessment for any lot or parcel by any lawful means. The provisions governing the collection of special assessments are more fully set forth in the applicable assessment resolutions, which are on file at the District Manager’s Office. That said, and generally speaking, the District may elect to place a special assessment on that portion of the annual real estate tax bill, entitled “non-ad valorem assessments,” which would then be collected by the Osceola County Tax Collector in the same manner as county ad valorem taxes (“Uniform Method”). Each property owner subject to the collection of special assessments by the Uniform Method must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the property. The use of the Uniform Method for any given fiscal year does not mean that the Uniform Method will be used to collect assessments in future years, and the District reserves the right in its sole discretion to select a new or different collection method in any given year, regardless of past practices.

Alternatively, the District may elect to collect any special assessment by sending a direct bill to a given landowner. In the event that an assessment payment is not timely made, the whole assessment – including any remaining amounts for the fiscal year as well as any future installments of assessments securing debt service – shall immediately become due and payable and shall accrue interest as well as penalties, plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District’s discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Please contact the District Manager’s Office for further information regarding collection methods.
This description of the District’s operations, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the development of communities. If you have questions or would like additional information about the District, please write to: Crossings Community Development District,
c/o Governmental Management Services Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801 Attn: District Manager, Offices: or call (407) 841-5524.

IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Crossings Community Development District has been executed to be effective as of the 13th day of November 2024, and recorded in the Official Records of Osceola County, Florida.
CROSSINGS COMMUNITY DEVELOPMENT DISTRICT
By: 	
Chairman

Witness	Witness

Print Name	Print Name

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me [ ] in person or [ ] by means of remote notarization this    day of November 2024, by Brian Walsh, Chairman of the Crossings Community Development  District,  who  [  ]  is  personally  known  to  me  or  who  [  ]  has  produced
	 as identification, and did not take the oath.

Notary Public, State of Florida
Print Name: 	  Commission No.: 		 My Commission Expires: 	

Exhibit A:	District Boundaries Legal Description
EXHIBIT A
District Boundaries

Section VII
RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CROSSINGS COMMUNITY DEVELOPMENT DISTRICT DIRECTING THE CHAIRPERSON, VICE CHAIRPERSON AND DISTRICT STAFF TO FILE A PETITION WITH OSCEOLA COUNTY, FLORIDA, REQUESTING THE ADOPTION OF AN ORDINANCE AMENDING THE DISTRICT’S BOUNDARIES, AND AUTHORIZING SUCH OTHER ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE BOUNDARY AMENDMENT PROCESS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes (the “Act”), and Ordinance No. 2022-04, adopted by the Board of County Commissioners of Osceola County, Florida, on January 10, 2022 (the “Ordinance”), and being situated within Osceola County, Florida (the “County”); and
WHEREAS, pursuant to the Act, the District is authorized to construct, acquire, operate and maintain infrastructure improvements and services; and
WHEREAS, the District presently consists of approximately 142.01 acres of land, more or less, as more fully described in the Ordinance; and

WHEREAS, Clayton Properties Group, Inc., an owner of certain lands within the District, including those lands anticipated to be annexed into the District (the “Developer”), has approached the District and requested the District petition to amend its boundaries to include certain parcels of land as more particularly described in the attached Composite Exhibit A (together, the “Expansion Parcels”); and

WHEREAS, the proposed boundary amendment is in the best interests of the District and the area of land within the proposed amended boundaries of the District will continue to be of sufficient size, sufficiently compact, and sufficiently contiguous to be developable as one functionally related community; and

WHEREAS, the addition of the Expansion Parcels into the District is not inconsistent with either the State or local comprehensive plans; and

WHEREAS, the area of land that will lie in the amended boundaries of the District continues to be amenable to separate special district government; and
WHEREAS, in order to seek a boundary amendment pursuant to Chapter 190, Florida Statutes, the District desires to authorize District staff, including but not limited to legal, engineering, and managerial staff, to provide such services as are necessary throughout the pendency of the boundary amendment process; and
WHEREAS, the retention of any necessary consultants and the work to be performed by District staff may require the expenditure of certain fees, costs, and other expenses by the District as authorized by the District’s Board of Supervisors (the “Board”); and

WHEREAS, the District desires to petition to amend its boundaries in accordance with the procedures and processes described in Chapter 190, Florida Statutes, which processes include the preparation of a petition to the County, and such other actions as are necessary in furtherance of the boundary amendment process.

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

SECTION 1. The recitals stated above are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. The Board hereby directs the Chairperson and District staff to proceed in an expeditious manner with the preparation and filing of a petition and related materials with the County to seek the amendment of the District’s boundaries to add the lands depicted in Composite Exhibit A, pursuant to Chapter 190, Florida Statutes, and authorizes the prosecution of the procedural requirements detailed in Chapter 190, Florida Statutes, for the amendment of the District’s boundaries.

SECTION 3. The Board hereby authorizes the District Chairperson, Vice Chairperson, District Manager and District Counsel to act as agents of the District with regard to any and all matters pertaining to the petition to the County to amend the boundaries of the District.

SECTION 4. This Resolution shall become effective upon its passage.
PASSED AND ADOPTED this 13th day of November 2024.

ATTEST:	CROSSINGS COMMUNITY
DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Expansion Parcels
Composite Exhibit A:
Expansion Parcels

Jones Road Parcel

BEING PARCEL A, OF THAT CERTAIN LOT SPLIT RECORDED IN OFFICIAL RECORDS BOOK 6148, PAGE 2150, PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
ALL OF LOTS 3 AND 7, ACCORDING TO TIHE NEW MAP OF NARCOOSSEE (A/K/A CORRECTED PLAT OF NARCOOSSEE) IN SECTION 21, TOWNSHIP 25 SOUTH, RANGE 31 EAST, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 1, PAGES 73 AND 74, OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA. LESS TIHE ROAD RIGHT OF WAY TO THE STATE OF FLORIDA BY WARRANTY DEED DATED SEPTEMBER 26, 1968 AND RECORDED IN OFFICIAL RECORDS BOOK 33, PAGE 36, OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA.
LESS THE FOLLOWING DESCRIBED PROPERTY:
BEGIN AT THE INTERSECTION OF THE EAST LINE OF SAID LOT 3, NEW MAP OF NARCOOSSEE (A/K/A CORRECTED PLAT OF NARCOOSSEE) AND THE NORTH LINE OF JONES ROAD PER THE WARRANTY DEED DATED SEPTEMBER 26, 1968 AND RECORDED IN OFFICIAL RECORDS BOOK 33, PAGE 36, OF TIHE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA; THENCE ALONG THE NORTH LINE OF JONES ROAD TIHE FOLLOWING TWO (2) COURSES AND DISTANCES; TIHENCE S89°45'08"W, A DISTANCE OF 568.66 FEET TO THE POINT OF CURVATURE OF A CURVE, CONCAVE TO THE NORTH, HAVING A RADIUS OF
540.98 FEET AND A CENTRAL ANGLE OF 10"11'30"; THENCE RUN WESTERLY ALONG TIHE ARC OF SAID CURVE, A DISTANCE OF 96.23 FEET
(CHORD BEARING = N85"09'07"W, CHORD = 96.10 FEET) TO A POINT ON THE WEST LINE OF SAID LOT 3: TIHENCE DEPARTING SAID NORTIH RIGHT OF WAY LINE, RUN N00"03'13"W, ALONG SAID WEST LINE, A DISTANCE OF 139.54 FEET; THENCE DEPARTING SAID WEST LINE, RUN N89"36'08"E, A DISTANCE OF 663.51 FEET TO A POINT ON THE EAST LINE OF SAID LOT 3; THENCE S00"23'52"E, ALONG SAID EAST LINE, A DISTANCE OF 149.B2 FEET TO TIHE POINT OF BEGINNING.
AREA= 14.15 acres +/-

Bridge Pointe Parcel

LEGAL DESCRIPTION
THE WEST 342.00 FEET OF LOT 64, NEW MAP OF NARCOOSSEE, SECTION 21, TOWNSHIP 25 SOUTH, RANGE 31 EAST, ACCORDING TO THE PLAT RECORDED IN PLAT BOOK 1, PAGE(S) 73 AND 74, AS RECORDED IN THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA,
AND
THE WEST ½ OF LOT 63, ACCORDING TO THE NARCOOSEE, FARM AND TOWNSITE SECTION
21. TOWNSHIP 25 SOUTH, IN RANGE PLAT 31 BOOK EAST, · 1, PAGE OSCEOLA 74 OF COUNTY, THE PUBLIC FLORIDA, AS RECORDS RECORDED OF OSCEOLA COUNTY, FLORIDA, TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS-OVER ACROSS, ALONG AND THROUGH THE EAST ONE-HALF OF THAT CERTAIN ABANDONED 33 FT, ROAD, WHICH ABUTTS LOT 64 ON ITS WESTERLY BOUNDARY.

CONTAINS 9.77± ACRES
Crossings Parcel 3
LEGAL DESCRIPTION:
THE NORTH 326.9 FEET OF LOTS 37 AND 38, SECTION 22, TOWNSHIP 25 SOUTH, RANGE 31 EAST, NEW MAP OF NARCOOSSEE, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 1, PAGE 73 AND 74, OF THE PUBLIC RECORDS OF OSCEOLA COUNTY, FLORIDA. TOGETHER WITH AND SUBJECT TO A NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS OVER THE WEST 23.5 FEET OF LOT 45 AND VACATED RIGHT-OF-WAY ABUTTING LOT 45; AND THAT NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS OVER THE WEST 23.5 FEET OF LOT 36AMD THAT VACATED RIGHT-OF-WAY ABUTTING LOT 36; AND THAT RIGHT-OF-WAY EASEMENT FOR INGRESS AND EGRESS OVER THE WEST 40.0 FEET OF LOT 45 AND ABUTTING VACATED RIGHT-OF-WAY, ALL OF NEW MAP OF NARCOOSSEE, SECTION 22, TOWNSHIP 25 SOUTH, RANGE 31 EAST, OSCEOLA COUNTY, FLORIDA.

CONTAINS 9.92 acres +/- ACRES

Section VIII
BOUNDARY AMENDMENT FUNDING AGREEMENT BY AND BETWEEN CROSSINGS COMMUNITY DEVELOPMENT DISTRICT
AND CLAYTON PROPERTIES GROUP, INC.

THIS AGREEMENT (the “Agreement”) is made and entered into this 13th day of November 2024, by and between:

CROSSINGS COMMUNITY DEVELOPMENT DISTRICT, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, and located in Osceola County, Florida ("District"), and

CLAYTON PROPERTIES GROUP, INC., a Tennessee corporation, d/b/a Highland Homes and a landowner in the District ("Developer") with an address of 3020 South Florida Avenue, Lakeland Florida 33803.

RECITALS

WHEREAS, the District is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes (the “Act”), and Ordinance No. 2022-04, adopted by the Board of County Commissioners of Osceola County, Florida, on January 10, 2022 (the “Ordinance”), and being situated within Osceola County, Florida (the “County”); and

Whereas, pursuant to the Act, the District is authorized to construct, acquire, and maintain infrastructure improvements and services within and without the boundaries of the District; and

Whereas, the District presently consists of approximately 142.01 acres of land, more or less, as more fully described in the Ordinance; and

Whereas, Developer has approached the District and requested the District petition Osceola County to amend the District boundaries to add additional parcels of land owned or anticipated to be owned by Developer to the District; and

Whereas, the amendment proposed by Developer is within the amendment size restrictions contained within section 190.046(1), Florida Statutes, and
Whereas, the District agrees to petition Osceola County to amend its boundary in accordance with the procedures and processes described in Chapter 190, Florida Statutes, which processes include the preparation of a petition to the County and such other actions as are necessary in furtherance of the boundary amendment process; and
Whereas, in order to seek a boundary amendment pursuant to Chapter 190, Florida Statutes, the District desires to authorize District staff, including but not limited to legal, engineering, and managerial staff, to provide such services as are necessary throughout the boundary amendment process; and
WHEREAS, any such work shall only be performed in accord with the authorizations of the District’s Board of Supervisors (the “Board”); and

Whereas, the retention of any necessary consultants and the work to be performed by District staff may require the expenditure of certain fees, costs, and other expenses by the District as authorized by the Board; and

Whereas, Developer desires to provide sufficient funds to the District to reimburse the District for any such expenditures including but not limited to legal, engineering, and other consultant fees, filing fees, administrative, and other expenses, if any.

Now, therefore, based upon good and valuable consideration and mutual covenants of the parties, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

Section 1. Provision of Funds. Developer agrees to make available to the District such monies as are necessary to enable the District to proceed with the boundary amendment and to provide such monies as are necessary to enable District staff, including legal, engineering, and managerial staff, to assist in the boundary amendment process and proceedings. Developer will make such funds available monthly, within thirty (30) days of a written request by the District. The funds shall be placed in the District's depository as determined by the District.

Section 2.  District Use of Funds. The District agrees to use such funds solely for the fees, costs, and other expenditures accruing or accrued for seeking an amendment to the boundaries of the District in accord with Chapter 190, Florida Statutes. The District agrees to use good faith best efforts to proceed in an expeditious manner with the preparation and filing of the petition and related materials to seek the amendment of the District's boundary pursuant to Chapter 190, Florida Statutes, and with the prosecution of the procedural requirements detailed in Chapter 190, Florida Statutes, for the amendment of the District's boundary. The District also agrees to make monthly requests for necessary funds from Developer for reimbursement for services of the boundary amendment team, as described in Section 1 of this Agreement. The District shall not reimburse Developer for funds made available to the District under this Agreement.
Section 3. Default. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which may include, but not be limited to, the right of damages, injunctive relief and/or specific performance.

Section 4.  Enforcement of Agreement. In the event that either party is required to enforce this Agreement by court proceedings or otherwise, then the substantially prevailing party shall be entitled to recover all fees and costs incurred, including reasonable attorneys’ fees and costs for trial, alternative dispute resolution, or appellate proceedings.

Section 5. Agreement. This instrument shall constitute the final and complete expression of this Agreement between the parties relating to the subject matter of this Agreement.
Section 6. Amendments. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing executed by both parties hereto.

Section 7. Authorization. The execution of this Agreement has been duly authorized by the appropriate body or official of all parties to this Agreement, each party has complied with all the requirements of law, and each party has full power and authority to comply with the terms and provisions of this instrument.

SECTION 8. NOTICES. All notices, payments and other communications hereunder (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or telecopied to the parties, as follows:

If to District:	Crossings Community Development District
c/o Governmental Management Services – Central Florida, LLC
219 East Livingston Street Orlando, Florida 32801 Attn: District Manager
With a copy to:	Kilinski | Van Wyk PLLC
517 E. College Avenue Tallahassee, Florida 32303 Attn: District Counsel

If to Landowner:	Clayton Properties Group, Inc.
d/b/a Highland Homes 3020 South Florida Avenue Lakeland, Florida 33803 Attn: D. Joel Adams

Section 9.  Third-Party Beneficiaries. This Agreement is solely for the benefit of the formal parties to this Agreement and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third-party not a formal party to this Agreement. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the parties to this Agreement any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants and conditions contained in this Agreement shall inure to the sole benefit of and shall be binding upon the parties to this Agreement and their respective representatives, successors, and assigns.

Section 10. Assignment. Neither party may assign this Agreement or any monies to become due hereunder without the prior written approval of the other party. Any purported assignment without such prior written approval shall be null and void.

Section 11. Controlling Law. This Agreement and the provisions contained herein shall be construed, interpreted, and controlled according to the laws of the State of Florida. Each
party consents to and agrees that the exclusive venue for any litigation arising out of or related to this Agreement shall be in a court of appropriate jurisdiction, in and for Osceola County, Florida

Section 12. Effective Date. The Agreement shall be effective after execution by both parties to this Agreement and shall remain in effect unless terminated by either of the parties.
SECTION 13. PUBLIC RECORDS. Developer understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Developer agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Developer acknowledges that the designated public records custodian for the District is Jill Burns (the “Public Records Custodian”). Among other requirements and to the extent applicable by law, Developer shall: (1) keep and maintain public records required by the District to perform the service; (2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; (3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if Developer does not transfer the records to the Public Records Custodian of the District; and (4) upon completion of the contract, transfer to the District, at no cost, all public records in Developer’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Developer, Developer shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.
IF DEVELOPER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO DEVELOPER’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT 219 E. LIVINGSTON STREET, ORLANDO, FLORIDA 32801, TELEPHONE: (407) 841-5524, OR EMAIL: JBURNS@GMSCFL.COM.
Section 14. Arm’s Length Transaction. This Agreement has been negotiated fully between the parties as an arm's length transaction. The parties participated fully in the preparation of this Agreement with the assistance of their respective counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, the parties are each deemed to have drafted, chosen, and selected the language, and doubtful language will not be interpreted or construed against any party.

Section 15. Sovereign Immunity. Developer agrees that nothing in this Agreement shall constitute or be construed as a waiver of the District's limitations on liability contained in Section 768.28, Florida Statutes, or other statutes or law.
Section 16. Headings for Convenience Only. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

Section 17. Counterparts. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute but one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

Section 18. Human Trafficking. Developer certifies, by acceptance of this Agreement, that neither it nor its principals utilizes coercion for labor or services as defined in Section 787.06, Florida Statutes.

In witness thereof, the parties execute this agreement the day and year first written
above.

CROSSINGS COMMUNITY DEVELOPMENT DISTRICT

Vice/Chairperson, Board of Supervisors

CLAYTON PROPERTIES GROUP,
INC., a Tennessee corporation d/b/a Highland Homes

By: 	

Its: 	

Section IX

REBATE REPORT
$5,800,000
Crossings Community Development District
(Osceola County, Florida)
Special Assessment Bonds, Series 2022

Dated: June 23, 2022
Delivered: June 23, 2022

Rebate Report to the Computation Date June 23, 2025
Reflecting Activity To July 31, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Account	13	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	14	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	15	
Arbitrage Rebate Calculation Detail Report – Costs of Issuance Account	16	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	27	

August 19, 2024

Crossings Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$5,800,000 Crossings Community Development District (Osceola County, Florida), Special
Assessment Bonds, Series 2022	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Crossings Community Development District (the “District”).
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of June 23, 2025, the Computation Date. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	
SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the June 23, 2025 Computation Date
Reflecting Activity from June 23, 2022 through July 31, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Account	1.017201%	5,507.58	(24,972.86)	
Debt Service Reserve Fund	3.980942%	15,763.83	(4,585.14)	
Capitalized Interest Fund	1.651193%	600.58	(1,405.71)	
Costs of Issuance Account	1.675172%	11.52	(26.30)	
Totals	2.230328%	$21,883.51	$(30,990.01)	
Bond Yield	5.050585%			
Rebate Computation Credits	(4,341.48)			
Net Rebatable Arbitrage	$(35,331.49)			

Based upon our computations, no rebate liability exists.
SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from June 23, 2022, the date of the closing, to July 31, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of June 23, 2025.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between June 23, 2022 and July 31, 2024, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
June 23, 2025.

Computation Period
The period beginning on June 23, 2022, the date of the closing, and ending on July 31, 2024.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.
Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Funds / Accounts	Account Number	
Revenue Account	269934000	
Capitalized Interest Fund	269934001	
Sinking Fund Account	269934002	
Prepayment Account	269934003	
General Redemption Account	269934004	
Optional Redemption Account	269934005	
Debt Service Reserve Fund	269934006	
Acquisition & Construction Fund	269934007	
Costs of Issuance Account	269934008	
METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of July 31, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to June 23, 2025. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on June 23, 2025, is the Rebatable Arbitrage.
$5,800,000
Crossings Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2022 Delivered: June 23, 2022

Par Amount	$5,800,000.00	
Total	$5,800,000.00	

Acquisition & Construction Fund	$5,204,822.70		
Debt Service Reserve Fund	188,840.63		
Capitalized Interest Fund	102,586.67		
Costs of Issuance Account	187,750.00		
Underwriter’s Discount	116,000.00		
Total	$5,800,000.00		
05/01/2023	234,262.50	224,475.89	
11/01/2023	142,350.00	133,043.41	
05/01/2024	237,350.00	216,368.55	
11/01/2024	140,331.25	124,775.20	
05/01/2025	235,331.25	204,090.34	
11/01/2025	138,312.50	116,996.61	
05/01/2026	238,312.50	196,619.98	
11/01/2026	136,187.50	109,594.07	
05/01/2027	241,187.50	189,310.01	
11/01/2027	133,956.25	102,553.56	
05/01/2028	243,956.25	182,166.58	
11/01/2028	131,343.75	95,661.05	
05/01/2029	246,343.75	174,999.28	
11/01/2029	128,612.50	89,114.19	
05/01/2030	248,612.50	168,017.93	
11/01/2030	125,762.50	82,899.67	
05/01/2031	250,762.50	161,225.31	
11/01/2031	122,793.75	77,004.46	
05/01/2032	257,793.75	157,681.59	
11/01/2032	119,587.50	71,344.97	
05/01/2033	259,587.50	151,053.34	
11/01/2033	116,087.50	65,887.19	
05/01/2034	261,087.50	144,534.20	
11/01/2034	112,462.50	60,724.12	
05/01/2035	267,462.50	140,859.26	
11/01/2035	108,587.50	55,779.08	
05/01/2036	268,587.50	134,569.38	
11/01/2036	104,587.50	51,110.39	
05/01/2037	274,587.50	130,881.78	
11/01/2037	100,337.50	46,647.75	
05/01/2038	280,337.50	127,121.08	
11/01/2038	95,837.50	42,387.80	
05/01/2039	285,837.50	123,308.66	
11/01/2039	91,087.50	38,326.76	
05/01/2040	291,087.50	119,463.68	
11/01/2040	86,087.50	34,460.49	
05/01/2041	296,087.50	115,603.33	
11/01/2041	80,837.50	30,784.50	
05/01/2042	300,837.50	111,742.97	
11/01/2042	75,337.50	27,294.08	
05/01/2043	305,337.50	107,896.25	
11/01/2043	69,443.75	23,934.72	
05/01/2044	309,443.75	104,026.96	
11/01/2044	63,293.75	20,753.63	
05/01/2045	318,293.75	101,795.89	
11/01/2045	56,759.38	17,705.52	
05/01/2046	326,759.38	99,418.72	
11/01/2046	49,840.63	14,790.83	
05/01/2047	334,840.63	96,920.63	
11/01/2047	42,537.50	12,009.34	
05/01/2048	342,537.50	94,324.42	
11/01/2048	34,850.00	9,360.26	
05/01/2049	349,850.00	91,650.72	
11/01/2049	26,778.13	6,842.32	
05/01/2050	356,778.13	88,918.10	
05/01/2051	368,321.88	87,328.79	
11/01/2051	9,353.13	2,163.00	
05/01/2052	374,353.13	84,440.22	
	11,370,180.47	5,800,000.00	
	
Proceeds Summary		

Delivery date	06/23/2022	
Par Value	5,800,000.00	
Target for yield calculation	5,800,000.00	

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
06/23/2022						
11/01/2022			102,586.67	102,586.67		
05/01/2023	90,000	4.250%	144,262.50	234,262.50	336,849.17	
11/01/2023			142,350.00	142,350.00		
05/01/2024	95,000	4.250%	142,350.00	237,350.00	379,700.00	
11/01/2024			140,331.25	140,331.25		
05/01/2025	95,000	4.250%	140,331.25	235,331.25	375,662.50	
11/01/2025			138,312.50	138,312.50		
05/01/2026	100,000	4.250%	138,312.50	238,312.50	376,625.00	
11/01/2026			136,187.50	136,187.50		
05/01/2027	105,000	4.250%	136,187.50	241,187.50	377,375.00	
11/01/2027			133,956.25	133,956.25		
05/01/2028	110,000	4.750%	133,956.25	243,956.25	377,912.50	
11/01/2028			131,343.75	131,343.75		
05/01/2029	115,000	4.750%	131,343.75	246,343.75	377,687.50	
11/01/2029			128,612.50	128,612.50		
05/01/2030	120,000	4.750%	128,612.50	248,612.50	377,225.00	
11/01/2030			125,762.50	125,762.50		
05/01/2031	125,000	4.750%	125,762.50	250,762.50	376,525.00	
11/01/2031			122,793.75	122,793.75		
05/01/2032	135,000	4.750%	122,793.75	257,793.75	380,587.50	
11/01/2032			119,587.50	119,587.50		
05/01/2033	140,000	5.000%	119,587.50	259,587.50	379,175.00	
11/01/2033			116,087.50	116,087.50		
05/01/2034	145,000	5.000%	116,087.50	261,087.50	377,175.00	
11/01/2034			112,462.50	112,462.50		
05/01/2035	155,000	5.000%	112,462.50	267,462.50	379,925.00	
11/01/2035			108,587.50	108,587.50		
05/01/2036	160,000	5.000%	108,587.50	268,587.50	377,175.00	
11/01/2036			104,587.50	104,587.50		
05/01/2037	170,000	5.000%	104,587.50	274,587.50	379,175.00	
11/01/2037			100,337.50	100,337.50		
05/01/2038	180,000	5.000%	100,337.50	280,337.50	380,675.00	
11/01/2038			95,837.50	95,837.50		
05/01/2039	190,000	5.000%	95,837.50	285,837.50	381,675.00	
11/01/2039			91,087.50	91,087.50		
05/01/2040	200,000	5.000%	91,087.50	291,087.50	382,175.00	
11/01/2040			86,087.50	86,087.50		
05/01/2041	210,000	5.000%	86,087.50	296,087.50	382,175.00	
11/01/2041			80,837.50	80,837.50		
05/01/2042	220,000	5.000%	80,837.50	300,837.50	381,675.00	
11/01/2042			75,337.50	75,337.50		
05/01/2043	230,000	5.125%	75,337.50	305,337.50	380,675.00	
11/01/2043			69,443.75	69,443.75		
05/01/2044	240,000	5.125%	69,443.75	309,443.75	378,887.50	
11/01/2044			63,293.75	63,293.75		
05/01/2045	255,000	5.125%	63,293.75	318,293.75	381,587.50	
11/01/2045			56,759.38	56,759.38		
05/01/2046	270,000	5.125%	56,759.38	326,759.38	383,518.76	
11/01/2046			49,840.63	49,840.63		
05/01/2047	285,000	5.125%	49,840.63	334,840.63	384,681.26	
11/01/2047			42,537.50	42,537.50		
05/01/2048	300,000	5.125%	42,537.50	342,537.50	385,075.00	
11/01/2048			34,850.00	34,850.00		
05/01/2049	315,000	5.125%	34,850.00	349,850.00	384,700.00	
11/01/2049			26,778.13	26,778.13		
05/01/2050	330,000	5.125%	26,778.13	356,778.13	383,556.26	

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2050			18,321.88	18,321.88		
05/01/2051	350,000	5.125%	18,321.88	368,321.88	386,643.76	
11/01/2051			9,353.13	9,353.13		
05/01/2052	365,000	5.125%	9,353.13	374,353.13	383,706.26	
	5,800,000		5,570,180.47	11,370,180.47	11,370,180.47	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.050585%)

06/23/22	Beg	Bal	-5,204,822.70	-6,044,940.72	
07/08/22			6,523.55	7,560.80	
07/08/22			1,099,909.67	1,274,795.56	
07/15/22			581,042.28	672,775.32	
07/15/22			15,000.00	17,368.15	
07/15/22			708.00	819.78	
07/15/22			2,916.00	3,376.37	
07/27/22			510.00	589.54	
07/27/22			156,802.00	181,255.77	
07/29/22			26,500.00	30,624.27	
08/02/22			1,256.00	1,450.87	
08/02/22			80.00	92.41	
08/09/22			2,914,409.83	3,363,324.75	
08/09/22			1,932.50	2,230.17	
08/17/22			2,267.50	2,613.87	
08/17/22			209,988.62	242,065.31	
08/25/22			26,722.50	30,770.36	
09/06/22			162,373.86	186,685.09	
09/21/22			109.50	125.63	
12/28/22			236.00	267.16	
01/04/23			1,014.00	1,146.91	
07/31/24	Bal		28.36	29.66	
07/31/24	Acc		0.11	0.12	
06/23/25	TOTALS:	5,507.58	-24,972.86		

ISSUE DATE:	06/23/22	
REBATABLE ARBITRAGE:	
-24,972.86			
COMP DATE:	06/23/25	NET INCOME:	5,507.58			
BOND YIELD: 5.050585%	TAX INV YIELD:	1.017201%			

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.050585%)

06/23/22	Beg	Bal	-188,840.63	-219,321.67	
07/05/22			34.27	39.74	
08/02/22			152.88	176.60	
09/02/22			247.32	284.51	
10/04/22			284.79	326.16	
11/02/22			386.28	440.68	
12/02/22			481.97	547.57	
12/22/22			0.23	0.26	
01/04/23			551.21	623.46	
02/02/23			586.58	660.90	
03/02/23			562.62	631.27	
04/04/23			641.86	717.00	
05/02/23			657.27	731.37	
06/02/23			716.25	793.69	
07/05/23			702.95	775.40	
08/02/23			736.51	809.39	
09/05/23			766.20	838.17	
10/03/23			743.21	809.88	
11/02/23			1,137.50	1,234.56	
11/02/23			770.77	836.54	
12/04/23			744.11	804.03	
01/03/24			768.53	827.09	
02/02/24			765.27	820.28	
03/04/24			711.15	758.90	
04/02/24			760.24	808.14	
05/02/24			734.76	777.82	
06/04/24			760.11	801.09	
07/02/24			735.98	772.66	
07/31/24	Bal		187,703.13	196,294.07	
07/31/24	Acc		760.51	795.32	
06/23/25	TOTALS:	15,763.83	-4,585.14		

ISSUE DATE:	06/23/22	
REBATABLE ARBITRAGE:	
-4,585.14			
COMP DATE:	06/23/25	NET INCOME:	15,763.83			
BOND YIELD: 5.050585%	TAX INV YIELD:	3.980942%			

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.050585%)

06/23/22	Beg	Bal	-102,586.67	-119,145.33	
07/05/22			18.62	21.59	
08/02/22			83.05	95.94	
09/02/22			134.36	154.56	
10/04/22			154.71	177.19	
11/01/22			102,586.67	117,050.96	
11/02/22			209.84	239.39	
06/23/25	TOTALS:	600.58	-1,405.71		

ISSUE DATE:	06/23/22	
REBATABLE ARBITRAGE:	
-1,405.71			
COMP DATE:	06/23/25	NET INCOME:	600.58			
BOND YIELD: 5.050585%	TAX INV YIELD:	1.651193%			

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.050585%)

06/23/22	Beg	Bal	-187,750.00	-218,055.00	
06/23/22			53,000.00	61,554.81	
06/23/22			45,000.00	52,263.52	
06/23/22			30,000.00	34,842.34	
06/23/22			6,000.00	6,968.47	
06/23/22			1,500.00	1,742.12	
06/23/22			45,000.00	52,263.52	
06/24/22			5,900.00	6,851.38	
12/22/22			1,361.52	1,542.55	
06/23/25	TOTALS:	11.52	-26.30		

ISSUE DATE:	06/23/22	
REBATABLE ARBITRAGE:	
-26.30			
COMP DATE:	06/23/25	NET INCOME:	11.52			
BOND YIELD: 5.050585%	TAX INV YIELD:	1.675172%			

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(5.050585%)	
06/23/23		-1,960.00	-2,165.61	
06/23/24		-2,070.00	-2,175.87	
06/23/25	TOTALS:	-4,030.00	-4,341.48	

ISSUE DATE:	06/23/22	REBATABLE ARBITRAGE: -4,341.48 COMP DATE:	06/23/25
BOND YIELD: 5.050585%

Section X

Section B

Section 1

Sent Via Email: jburns@gmscfl.com

September 13, 2024

Ms. Jillian Burns, District Manager Crossings Community Development District c/o Governmental Management Services 219 East Livingston Street
Orlando, Florida 32801

Subject:	Work Authorization 2025-1
Crossings Community Development District District Engineering Services
City of Winter Haven, Florida

Dear Ms. Burns:

Dewberry Engineers Inc. (Engineer) is pleased to submit this work order to provide professional consulting services for the Crossings Community Development District (District). We will provide these services pursuant to our current agreement (“District Engineer Agreement”) as follows:

With this information in mind, we propose the following tasks and corresponding fees:

General Engineering Services

The District will engage the services of Dewberry Engineers Inc. (Engineer) as District Engineer to perform those services as necessary, pursuant to the District Engineering Agreement, including attendance at Board of Supervisors meetings, review and approval of requisitions, or other activities as directed by the District’s Board of Supervisors.

Our fee for this task will be based on time and materials, in accordance with the enclosed Schedule of Charges. The referenced Schedule of Charges is valid for fiscal year 2025 only. We estimate a budget of $15,000, plus other direct costs.

Other Direct Costs

Other direct costs include items such as printing, drawings, travel, deliveries, et cetera. This does not include any of the application fees for the various agencies, which are the owner’s responsibility and have not been accounted for in this proposal. We estimate a budget of $100.

Additional Services

Any Additional Services requested that are not a part of this work authorization will be invoiced either on a time and materials basis, in accordance with the enclosed Schedule of Charges, or on a mutually agreed upon fee. Authorization under this task must be in writing.

Ms. Jillian Burns Crossings CDD
Work Authorization #2025-1
September 13, 2024

This Work Authorization, together with the referenced Engineering Agreement, represents the entire understanding between the District and the Engineer with regard to the referenced work authorization. If you wish to accept this work authorization, please sign where indicated and return one complete copy to Aimee Powell, Administrative Assistant in our Orlando office at 800 N. Magnolia Avenue, Suite 1000, Orlando, Florida 32803 (or via email at apowell@dewberry.com). Upon receipt, we will promptly schedule our services.

Thank you for choosing Dewberry Engineers Inc. We look forward to working with you and your staff. Sincerely,

Reinardo Malavé, P.E. Associate Vice President

RM:ap
Q:\Crossings CDD_50143515\Adm\Correspondence\AAS\Crossings CDD District Engineering Services_09-13-2024 Enclosures

APPROVED AND ACCEPTED

By: 		 Authorized Representative of
Crossings Community Development District

Date:
10/24/2024

Section C
Crossings CDD
Field Management Report

November 13th, 2024 Jarett Wright Field Manager
GMS

Crossings CDD Field Management Report | GMS 2024
Site Items

Amenity Updates

Crossings CDD Field Management Report | GMS 2024
Site Items

Hurricane Milton Update

Crossings CDD Field Management Report | GMS 2024

Crossings CDD Field Management Report | GMS 2024

Section D

Section 1

Summary of Checks

July 01, 2024 to September 30, 2024

Bank	Date	Check No.'s			Amount	

General Fund						
	7/1/24	201		$	6,700.00	
	7/8/24	202-203		$	1,005.00	
	7/15/24	204-205		$	8,987.84	
	7/22/24	206-208		$	4,316.04	
	7/29/24	209-210		$	315.87	
	8/5/24	211-214		$	11,892.50	
	8/16/24	215-221		$	5,100.67	
	8/26/24	222-223		$	2,975.04	
	9/4/24	224		$	5,425.00	
	9/10/24	225-227		$	4,117.70	
	9/16/24	228		$	6,116.75	
	9/23/24	229-232		$	8,004.25	
	9/30/24	233-234		$	695.00	
			Total	$	65,651.66	
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/01/24 00036	5/01/24 459240-A 202405 320-53800-47000	*	1,600.00 POND MAINT BAL MAY 24
7/01/24 4059363	202407 320-53800-47000	*	5,100.00
POND MAINTENANCE JULY 24
BLADE RUNNERS COMMERCIAL	6,700.00 000201
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/08/24 00039	6/28/24 17899	202406 320-53800-47000	*	325.00
ONE TIME TREATMENT JUNE24
AQUATIC WEED MANAGEMENT, INC.	325.00 000202
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/08/24 00013	6/28/24 22412702 202405 310-51300-31100	*	680.00
GENERAL ENGINEER MAY 24
DEWBERRY ENGINEERS INC.	680.00 000203
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/15/24 00001	7/01/24 39	202407 310-51300-34000	*	2,916.67
MANAGEMENT FEES JULY 24
7/01/24 39	202407 310-51300-35200	*	100.00
WEBSITE ADMIN JULY 24
7/01/24 39	202407 310-51300-35100	*	150.00
INFORMATION TECH JULY 24
7/01/24 39	202407 310-51300-31300	*	416.67
DISSEMINATION SVC JULY 24
7/01/24 39	202407 310-51300-51000	*	3.82
OFFICE SUPPLIES JULY 24
7/01/24 39	202407 310-51300-42000	*	56.77
POSTAGE JULY 24
7/01/24 39	202407 310-51300-42500	*	7.95
COPIES JULY 24
7/01/24 40	202407 320-53800-34000	*	1,250.00
FIELD MANAGEMENT JULY 24
7/01/24 40	202407 320-53800-49000	*	54.71
KEYS/ROOM DEPOSIT

FEES
4,031.25

NOT FY BUDGET 7/18/24

OSCEOLA NEWS GAZETTE	1,769.80 000207
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CRCF CROSSING CDD	IARAUJO
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/22/24 00041	6/27/24 06272024 202406 310-51300-49000	*	97.20
TRESPASS SIGNS
OSCEOLA COUNTY SHERIFF'S OFFICE	97.20 000208
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/29/24 00036	7/22/24 4059415	202407 320-53800-47300	*	237.25
REPLACE BROKEN NOZZLES
BLADE RUNNERS COMMERCIAL	237.25 000209
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/29/24 00004	6/15/24 88606387 202407 310-51300-48000	*	78.62
NOT FY25 BUDGET 7/25/24
OSCEOLA NEWS GAZETTE	78.62 000210
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/05/24 00039	7/29/24 18091	202407 320-53800-47000	*	325.00
ONE TIME VEGETATION TRTMT
AQUATIC WEED MANAGEMENT, INC.	325.00 000211
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/05/24 00036	8/01/24 4059442	202408 320-53800-46200	*	5,100.00
LANDSCAPE MAINT AUG 24
BLADE RUNNERS COMMERCIAL	5,100.00 000212
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/05/24 00013	7/26/24 22415743 202406 310-51300-31100	*	4,887.50
ANNUAL ENGINEER REPORT
8/25/24 22415742 202406 310-51300-31100	*	1,080.00
ENGINEER SERVICES JUNE 24
DEWBERRY ENGINEERS INC.	5,967.50 000213
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/05/24 00001	6/30/24 44	202406 320-53800-48000	*	500.00
GENERAL MAINT JUNE 24
GOVERNMENTAL MANAGEMENT SERVICES	500.00 000214
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00007	8/07/24 BW080720 202408 310-51300-11000	*	200.00
BOS MEETING 8/7/24
BRIAN WALSH	200.00 000215
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00042	8/09/24 2310819	202408 330-57200-49000	*	98.45
ACCESS CNTRL FOB LICENSE
DOORKING INC.	98.45 000216
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00008	8/07/24 GP080720 202408 310-51300-11000	*	200.00
BOS MEETING 8/7/24
GARRET PARKINSON	200.00 000217
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00001	8/01/24 42	202408 310-51300-34000	*	2,916.67
MANAGEMENT FEES AUG 24
8/01/24 42	202408 310-51300-35200	*	100.00
WEBSITE ADMIN AUG 24
CRCF CROSSING CDD	IARAUJO
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
42	202408 310-51300-35100	*	150.00
INFORMATION TECH AUG 24
42	202408 310-51300-31300	*	416.67
DISSEMINATION SVC AUG 24
42	202408 310-51300-51000	*	.03
OFFICE SUPPLIES AUG 24
42	202408 310-51300-42000	*	94.35
POSTAGE AUG 24
GOVERNMENTAL MANAGEMENT SERVICES	3,677.72 000218
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00040	8/07/24 KE080720 202408 310-51300-11000	*	200.00
BOS MEETING 8/7/24
KAREYANN ELLISON	200.00 000219
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00006	8/15/24 10090	202407 310-51300-31500	*	524.50
GENERAL COUNSEL JULY 24
KILINSKI/VAN WYK, PLLC	524.50 000220
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/16/24 00011	8/07/24 MA080720 202408 310-51300-11000	*	200.00
BOS MEETING 8/7/24
MILTON ANDRADE	200.00 000221
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/24 00043	7/31/24 12941	202407 330-57200-48200	*	1,400.00
CLEANING JULY 24
CSS CLEAN STAR SERVICES OF CFL	1,400.00 000222
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/26/24 00001	8/01/24 43	202408 320-53800-34000	*	1,250.00
FIELD MANAGEMENT AUG 24
8/01/24 43	202408 330-57200-48000	*	325.04
POOL SIGN/PAPER TOWELS
GOVERNMENTAL MANAGEMENT SERVICES	1,575.04 000223
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/04/24 00036	8/28/24 18233	202408 320-53800-47000	*	325.00
VEGETATION TREATMENT
9/01/24 4059515	202409 320-53800-46200	*	5,100.00
LANDSCAPE MAINT SEPT 24
BLADE RUNNERS COMMERCIAL	5,425.00 000224
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/10/24 00043	8/28/24 13064	202408 330-57200-48200	*	1,310.00
CLEANING AUG 24
CSS CLEAN STAR SERVICES OF CFL	1,310.00 000225
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/10/24 00013	8/30/24 22419336 202407 310-51300-31100	*	350.00
ENGINEER SERVICES JULY 24
DEWBERRY ENGINEERS INC.	350.00 000226
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CRCF CROSSING CDD	IARAUJO
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/10/24 00006	9/10/24 10435	202408 310-51300-31500	*	2,457.70
GENERAL COUNSEL AUG 24
KILINSKI/VAN WYK, PLLC	2,457.70 000227
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
45	202409 310-51300-34000	*	2,916.67
MANAGEMENT FEES SEPT 24
45	202409 310-51300-35200	*	100.00
WEBSITE ADMIN SEPT 24
45	202409 310-51300-35100	*	150.00
INFORMATION TECH SEPT 24
45	202409 310-51300-31300	*	500.00
DISSEMINATION SVC SEPT 24
45	202409 310-51300-51000	*	3.97
OFFICE SUPPLIES SEPT 24
45	202409 310-51300-42000	*	146.86
POSTAGE SEPT 24
46	202409 320-53800-34000	*	1,250.00
FIELD MANAGEMENT SEPT 24
9/01/24 46	202409 320-53800-49000	*	166.75
EMERGENCY BACKFLOW REPAIR
9/01/24 46	202409 320-53800-49000	*	882.50
EMERGENCY BACKFLOW REPAIR
GOVERNMENTAL MANAGEMENT SERVICES	6,116.75 000228
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/24 00039	8/28/24 18233	202408 320-53800-47000	*	325.00
VEGETATION TREATMENT
AQUATIC WEED MANAGEMENT, INC.	325.00 000229
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/24 00036	9/11/24 4059571	202409 320-53800-47300	*	379.25
IRRIGATION REPAIRS
BLADE RUNNERS COMMERCIAL	379.25 000230
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/24 00001	9/15/24 47	202409 300-15500-10000	*	5,250.00
FY25 ASSESSMENT ROLL
GOVERNMENTAL MANAGEMENT SERVICES	5,250.00 000231
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/24 00044	9/16/24 24323	202409 330-57200-48500	*	1,050.00
POOL MAINTENANCE SEPT 24
9/16/24 24324	202409 330-57200-48500	*	1,000.00
CLEANED GREEN IN POOL
RESORT POOL SERVICES DBA	2,050.00 000232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/30/24 00039	9/24/24 18382	202409 320-53800-47000	*	325.00
VEGETATION TREATMENT SEPT
AQUATIC WEED MANAGEMENT, INC.	325.00 000233
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CRCF CROSSING CDD	IARAUJO

QRTLY FOUNTAIN CLEANING

CRCF CROSSING CDD	IARAUJO

Section 2

Crossings
Community Development District

Unaudited Financial Reporting
September 30, 2024

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund - Series 2022	

5	
	Debt Service Fund - Series 2024	

6	
	Capital Projects Fund - Series 2022	

7	
	Capital Projects Fund - Series 2024	

8-9	
	Month to Month	

10	
	Assessment Receipt Schedule	

11	
	Long Term Debt Schedule	
Crossings
Community Development District Combined Balance Sheet September 30, 2024

Assets:
Operating Account Due from Developer Due from Other Prepaid
Investments:

$	35,939
$	-
$	325
$	5,250

36,732
- 325
5,250

Series 2022						
Reserve	$	-	$	187,703	$	-	$	187,703			
Revenue	$	-	$	168,097	$	-	$	168,097			
Prepayment	$	-	$	336	$	-	$	336			
Construction
Series 2024	$	-	$	-	$	29	$	29			
Reserve	$	-	$	954,186	$	-	$	954,186			
Revenue	$	-	$	517	$	-	$	517			
Interest	$	-	$	172,540	$	-	$	172,540			
Construction	$	-	$	-	$	2,913,129	$	2,913,129				
Cost of Issuance	$	-	$	-	$	155	$	155				
Total Assets	$	41,514	$	1,483,380	$	2,914,106	$	4,439,001	
Liabilities:						
Accounts Payable	$	3,805	$	-	$	-	$	3,805	
Due to Other	$	-	$	-	$	36	$	36	
Retainage Payable	$	-	$	-	$	612,227	$	612,227	
Total Liabilites	$	3,805	$	-	$	612,263	$	616,067	

Fund Balance:						
Nonspendable:						
Prepaid Items	$	5,250	$	-	$	-	$	5,250	
Restricted For:
Debt Service - Series 2022	
$	
-	$	356,137	$	-	
$	356,137			
Debt Service - Series 2024	$	-	$	1,127,243	$	-	$	1,127,243			
Capital Projects - Series 2022	$	-	$	-	$	(611,441)	$	(611,441)			
Capital Projects - Series 2024	$	-	$	-	$	2,913,284	$	2,913,284			
Unassigned	$	32,460	$	-	$	-	$	32,460		
Total Fund Balances	$	37,710	$	1,483,380	$	2,301,843	$	3,822,933		
						
Total Liabilities & Fund Balance	$	41,514	$	1,483,380	$	2,914,106	$	4,439,001		

Revenues:						
Assessments - On Roll		$	250,764	$	250,764	$	252,582	$	1,818	
Developer Contributions		$	166,136	$	166,136	$	25,000	$	(141,136)	
Miscellaneous Income		$	-	$	-	$	250	$	250	
Total Revenues		$	416,900	$	416,900	$	277,832	$	(139,068)	

Expenditures:						
General & Administrative:						
Supervisors Fees		$	12,000	$	12,000	$	3,400	$	8,600	
Engineering		$	15,000	$	15,000	$	10,195	$	4,805	
Attorney		$	25,000	$	25,000	$	15,411	$	9,589	
Annual Audit		$	3,950	$	3,950	$	3,950	$	-	
Assessment Administration		$	5,000	$	5,000	$	5,377	$	(377)	
Arbitrage		$	450	$	450	$	450	$	-	
Dissemination		$	5,000	$	5,000	$	5,333	$	(333)	
Trustee Fees		$	4,100	$	4,100	$	4,031	$	69	
Management Fees		$	35,000	$	35,000	$	35,000	$	-	
Information Technology		$	1,800	$	1,800	$	1,800	$	-	
Website Maintenance		$	1,200	$	1,200	$	1,200	$	-	
Postage & Delivery		$	1,000	$	1,000	$	632	$	368	
Insurance		$	6,000	$	6,000	$	5,200	$	800	
Printing		$	1,000	$	1,000	$	8	$	992	
Legal Advertising		$	7,500	$	7,500	$	2,127	$	5,373	
Contingency		$	2,500	$	2,500	$	582	$	1,918	
Office Supplies		$	550	$	550	$	15	$	535	
Dues, Licenses & Subscriptions		$	175	$	175	$	175	$	-	
Total General & Administrative:		$	127,225	$	127,225	$	94,886	$	32,339	

Operation and Maintenance						
Field Expenditures
Property Insurance		

$	15,000	

$	15,000	

$	-	

$	15,000	
Field Management		$	15,000	$	15,000	$	7,500	$	7,500	
Landscape Maintenance		$	65,000	$	65,000	$	19,050	$	45,950	
Landscape Replacement & Enhancements		$	5,000	$	5,000	$	-	$	5,000	
Lake Maintenance		$	7,500	$	7,500	$	26,225	$	(18,725)	
Fountain Maintenance		$	-	$	-	$	370	$	(370)	
Streetlights		$	50,000	$	50,000	$	-	$	50,000	
Electric		$	6,000	$	6,000	$	-	$	6,000	
Water & Sewer		$	5,000	$	5,000	$	64,742	$	(59,742)	
Sidewalk & Asphalt Maintenance		$	2,500	$	2,500	$	-	$	2,500	
Irrigation Repairs		$	5,000	$	5,000	$	617	$	4,384	
General Field Repairs & Maintenance		$	5,000	$	5,000	$	500	$	4,500	
Contingency		$	5,500	$	5,500	$	2,485	$	3,015	
	Subtotal	$	186,500	$	186,500	$	121,488	$	65,012	

Amenity Expenditures						
Amenity Access Management		$	5,000	$	5,000	$	-	$	5,000	
Amenity-Electric		$	14,400	$	14,400	$	19,436	$	(5,036)	
Amenity-Water		$	5,000	$	5,000	$	12,636	$	(7,636)	
Internet		$	3,000	$	3,000	$	932	$	2,069	
Pest Control		$	1,500	$	1,500	$	-	$	1,500	
Janitorial Services		$	10,200	$	10,200	$	4,030	$	6,170	
Security Services		$	25,000	$	25,000	$	-	$	25,000	
Pool Maintenance		$	22,200	$	22,200	$	2,050	$	20,150	
Amenity Repairs & Maintenance		$	7,500	$	7,500	$	1,480	$	6,020	
Holiday Décor		$	3,000	$	3,000	$	-	$	3,000	
Amenity Contingency		$	6,375	$	6,375	$	424	$	5,951	
	Subtotal	$	103,175	$	103,175	$	40,987	$	62,188	
						
Total O&M Expenditures:		$	289,675	$	289,675	$	162,475	$	127,200	
						
Total Expenditures		$	416,900	$	416,900	$	257,361	$	159,539	
						
Excess Revenues (Expenditures)		$	-		$	20,472		
						
Fund Balance - Beginning		$	-		$	17,238		
						
Fund Balance - Ending		$	-		$	37,710		

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:					
Assessments	$	377,681	$	377,681	$	377,400	$	(281)	
Interest	$	500	$	500	$	17,012	$	16,512	
Total Revenues	$	378,181	$	378,181	$	394,411	$	16,230	

Expenditures:					
Interest Expense 11/1	$	142,350	$	142,350	$	142,350	$	-	
Principal Expense 5/1	$	95,000	$	95,000	$	95,000	$	-	
Interest Expense 5/1	$	142,350	$	142,350	$	141,213	$	1,138	
Special Call - 11/1	$	-	$	-	$	45,000	$	45,000	
Total Expenditures	$	379,700	$	379,700	$	423,563	$	46,138	
					
Excess Revenues (Expenditures)	$	(1,519)		$	(29,151)		
					
Fund Balance - Beginning	$	153,211		$	385,288		
					
Fund Balance - Ending	$	151,692		$	356,137		

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:					
Interest	$	-	$	-	$	3,377	$	3,377	
Total Revenues	$	-	$	-	$	3,377	$	3,377	

Expenditures:					
Interest Expense 11/1	$	-	$	-	$	-	$	-	
Principal Expense 5/1	$	-	$	-	$	-	$	-	
Interest Expense 5/1	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources:					
Bond Proceeds	$	-	$	-	$	1,126,726	$	1,126,726	
Transfer In/(Out)	$	-	$	-	$	(2,860)	$	2,860	
Total Other Financing Sources (Uses)	$	-	$	-	$	1,123,866	$	1,129,586	
					
Excess Revenues (Expenditures)	$	-	$	1,127,243		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	1,127,243		

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/24	Thru 09/30/24	Variance	
Revenues:

Developer Contributions Interest
$	-	$
$	-	$
-	$	5,556,734
-	$	1
$	5,556,734
$	1

Expenditures:

Other Current Charges Capital Outlay-Construction
$	-	$
$	-	$
-	$	1,243
-	$	5,053,690
$	(1,243)
$	(5,053,690)

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/24	Thru 09/30/24	Variance	

Revenues:					
Interest	$	-	$	-	$	36,192	$	36,192	
Total Revenues	$	-	$	-	$	36,192	$	36,192	

Expenditures:					
Capital Outlay-Construction	$	-	$	-	$	8,608,925	$	(8,608,925)	
Capital Outlay-COI	$	-	$	-	$	1,390,117	$	(1,390,117)	
Total Expenditures	$	-	$	-	$	9,999,041	$	(9,999,041)	

Other Financing Sources:					
Bond Proceeds	$	-	$	-	$	12,873,274	$	12,873,274	
Transfer In/(Out)	$	-	$	-	$	2,860	$	2,860	
Total Other Financing Sources (Uses)	$	-	$	-	$	12,876,134	$	12,876,134	
					
Excess Revenues (Expenditures)	$	-	$	2,913,284		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	2,913,284		

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														
Assessments - On Roll	$	-	$	-	$	251,362	$	1,221	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	252,582	
Developer Contributions	$	-	$	25,000  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	25,000	
Miscellaneous Income	$	-	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	250	$	-	$	-	$	-  $	250	
Total Revenues	$	-	$	25,000  $	251,362	$	1,221	$	-	$	-	$	-	$	-	$	250	$	-	$	-	$	-  $	277,832	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	-  $	-	$	-	$	-	$	-	$	800	$	800	$	1,000	$	-	$	800	$	-  $	3,400	
Engineering	$	-	$	-  $	-	$	-	$	-	$	-	$	2,410	$	680	$	5,968	$	350	$	788	$	-  $	10,195	
Attorney	$	-	$	203  $	173	$	914	$	1,294	$	1,565	$	2,879	$	2,497	$	2,449	$	525	$	2,458	$	456  $	15,411	
Annual Audit	$	-	$	-  $	-	$	-	$	-	$	-	$	-	$	3,950	$	-	$	-	$	-	$	-  $	3,950	
Assessment Administration	$	5,000	$	-  $	-	$	-	$	377	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	5,377	
Arbitrage	$	450	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	450	
Dissemination	$	667	$	417  $	417	$	417	$	417	$	417	$	417	$	417	$	417	$	417	$	417	$	500  $	5,333	
Trustee Fees	$	-	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	4,031	$	-	$	-	$	-  $	4,031	
Management Fees	$	2,917	$	2,917  $	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917	$	2,917  $	35,000	
Information Technology	$	150	$	150  $	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150  $	1,800	
Website Maintenance	$	100	$	100  $	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100  $	1,200	
Postage & Delivery	$	5	$	46  $	22	$	22	$	116	$	5	$	27	$	28	$	63	$	57	$	94	$	147  $	632	
Insurance	$	5,200	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	5,200	
Printing & Binding	$	-	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	8	$	-	$	-  $	8	
Legal Advertising	$	-	$	-  $	-	$	-	$	192	$	-	$	-	$	-	$	-	$	1,848	$	-	$	86  $	2,127	
Contingency	$	38	$	38  $	38	$	38	$	40	$	40	$	40	$	41	$	138	$	48	$	41	$	41  $	582	
Office Supplies	$	0	$	0  $	-	$	-	$	0	$	0	$	3	$	3	$	0	$	4	$	0	$	4  $	15	
Dues, Licenses & Subscriptions	$	175	$	-  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	175	
Total General & Administrative:	$	14,702	$	3,870  $	3,817	$	4,557	$	5,604	$	5,193	$	9,742	$	11,582	$	17,232	$	6,423	$	7,764	$	4,401  $	94,886	

Operation and Maintenance
Field Expenses Property Insurance Field Management Landscape Maintenance
Landscape Replacement & Enhancements Lake Maintenance
Fountain Maintenance Streetlights
Electric
Water & Sewer
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Field Repairs & Maintenance Contingency

$
$
$
$
$
$
$
$
$
$
$
$
$
Subtotal  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	2,250  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	2,250  $

-  $
-  $
-  $
-  $
1,500  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
1,500  $

-  $
-  $
-  $
-  $
1,500  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
1,500  $

-  $
-  $
-  $
-  $
1,500  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
1,500  $

-  $
-  $
-  $
-  $
3,825  $
-  $
-  $
-  $
10,628  $
-  $
-  $
-  $
-  $
14,453  $

-  $
1,250  $
-  $
-  $
3,825  $
-  $
-  $
-  $
39  $
-  $
-  $
-  $
1,381  $
6,495  $

-  $
1,250  $
-  $
-  $
5,425  $
-  $
-  $
-  $
14,320  $
-  $
-  $
-  $
-  $
20,995  $

-  $
1,250  $
8,850  $
-  $
325  $
185  $
-  $
-  $
18,275  $
-  $
-  $
500  $
-  $
29,385  $

-  $
1,250  $
-  $
-  $
5,425  $
-  $
-  $
-  $
12,894  $
-  $
237  $
-  $
55  $
19,861  $

-  $
1,250  $
5,100  $
-  $
650  $
-  $
-  $
-  $
565  $
-  $
-  $
-  $
-  $
7,565  $

-  $
1,250  $
5,100  $
-  $
-  $
185  $
-  $
-  $
8,021  $
-  $
379  $
-  $
1,049  $
15,985  $

- 7,500
19,050
- 26,225
370
-
- 64,742
- 617
500
2,485
121,488

Amenity Expenses
Amenity Access Management Amenity - Eletric
Amenity - Water Amenity - Insurance Playground Lease Internet
Pest Control Janitorial Services Security Services Pool Maintenance
Amenity Repairs & Maintenance Holiday Décor
Amenity Contingency

$
$
$
$
$
$
$
$
$
$
$
$
$
Subtotal  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	1,105  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	190  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	1,295  $

-  $
13,286  $
-  $
-  $
-  $
185  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
13,472  $

-  $
-  $
4,417  $
-  $
-  $
185  $
-  $
1,400  $
-  $
-  $
-  $
-  $
-  $
6,002  $

-  $
3,410  $
4,861  $
-  $
-  $
185  $
-  $
1,310  $
-  $
-  $
325  $
-  $
98  $
10,190  $

-  $
1,635  $
3,358  $
-  $
-  $
185  $
-  $
1,320  $
-  $
2,050  $
1,155  $
-  $
325  $
10,028  $

- 19,436
12,636
-
- 932
- 4,030
- 2,050
1,480
- 424
40,987

Crossings
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

Gross Assessments	$ 266,770.00	$	398,598.20	$  665,368.20	
Net Assessments	$ 250,763.80	$	374,682.31	$  625,446.11	
	40%	60%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	Debt Service	Total	

12/11/23	
ACH	
$	322,985.52	
$	12,661.60	
$	6,459.71	
$	-	
$	303,864.21	
$ 121,830.07	
$	182,034.14	
$  303,864.21	
12/22/23	ACH	$	339,862.44	$	10,196.21	$	6,593.33	$	-	$	323,072.90	$ 129,531.52	$	193,541.38	$  323,072.90	
1/10/24	ACH	$	2,520.24	$	75.61	$	48.89	$	-	$	2,395.74	$	960.54	$	1,435.20	$	2,395.74	
1/31/24	ACH	$	-	$	-	$	-	$	649.06	$	649.06	$	260.23	$	388.83	$	649.06	
	Total	$	665,368.20	$	22,933.42	$	13,101.93	$	649.06	$	629,981.91	$ 252,582.36	$	377,399.55	$  629,981.91	

Crossings
Community Development District Long Term Debt Report

Series 2022, Special Assessment Bonds		
Interest Rates:	4.250%, 4.750%, 5.000%, 5.125%	
Maturity Date:	5/1/2052	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$187,703	
Reserve Fund Balance	$187,703	
Bonds Outstanding - 06/23/22	$5,800,000	
Principal Payment - 5/1/23	($90,000)	
Special Call - 11/1/23	($45,000)	
Principal Payment - 5/1/24	($95,000)	
Current Bonds Outstanding	$5,570,000		

Series 2024, Special Assessment Bonds		
Interest Rates:	4.750%, 5.350%, 5.600%	
Maturity Date:	5/1/2054	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$954,186	
Reserve Fund Balance	$954,186	
Bonds Outstanding - 08/09/2024	$14,000,000	
Current Bonds Outstanding	$14,000,000