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Waters Edge Community Development District

District Services

As one of the largest Community Development District Management firms in the state of Florida, we provide professional management for over 120+ Districts throughout the state of Florida.

Our practice includes the following areas of service

Management

Management services include the conducting of board meetings, budget workshop, overall administration of District functions and all required state and local filings, preparation of annual budget, purchasing, and risk management.

District Financial and Revenue Collection

Financial & Revenue Collection services include all functions necessary for the timely billing, collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance obligations. These services include assessment roll preparation and certification, direct billings and funding request processing as well as responding to property owner questions regarding District assessments.

Administrative

Administrative services include support for the District Management function, recording and preparation of meeting minutes, records retention and maintenance in accordance with Chapter 119, Florida Statutes, and preparation and delivery of agenda packages.

Technology Services

Technology services include website  hosting and maintenance, email set-up and storage, district website compliance oversight, content management and network consulting and support.

Accounting

Accounting services include the preparation and delivery of the district’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Bond Issuance

Bond issuance services include preparation of the special assessment allocation report, testimony at the required bond validation court hearing, certifications and closing documents. To date, Rizzetta & Company, Inc., has been involved in over 250 bond closings for 125 Districts throughout the State of Florida totaling over $3 Billion in par amount of bonds.

Disclaimer:

Rizzetta & Company, Inc., does not represent the Community Development District as a Municipal Advisor or Securities Broker nor is Rizzetta & Company, Inc., registered to provide such services as described in Section 15B of the Securities and Exchange Act of 1934, as amended.  Similarly, Rizzetta & Company, Inc., does not provide the Community Development District with financial advisory services or offer investment advice in any form.

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