Meadow Pointe III Community Development District

Financial Statements (Unaudited)

October 31, 2010

Prepared by
Rizzetta & Company, Inc. District Manager

Meadow Pointe III Community Development District
Balance Sheet As of10/31/2010 (In Whole Numbers)

General Fund

Debt Service Fund

Capital Projects Fund

Total Governmental Funds

General Fixed Assets

General Long Term Debt

Assets Cash	

71,866		

0		

0		

71,866		

0	

0	
Petty Cash	0		0		0		0		0	0	
Investments	239,466		1,947,486		175,679		2,362,631		0	0	
Accounts Receivable	1,382,966		1,074,145		0		2,457,111		0	0	
Interest & Dividends Receivable	0		0		0		0		0	0	
Prepaid Expenses	0		0		0		0		0	0	
Deposits	3,500		0		0		3,500		0	0	
Due From Other Funds	0		0		0		0		0	0	
Amount Available in Debt Service	0		0		0		0		0	3,021,631	
Amount To be Provided Debt Service	0		0		0		0		0	12,118,369	
Fixed Assets	0		0		0		0		10,211,018		0	
Total Assets	1,697,798		3,021,631		175,679		4,895,108		10,211,018		15,140,000	

Liabilities												
Accounts Payable	10,944	0	0	10,944	0	0	
Accrued Expenses Payable	24,099	0	0	24,099	0	0	
Other Current Liabilities	0	0	0	0	0	0	
Due to Other Funds	0	0	0	0	0	0	
Revenue Bonds Payable-Long-Term	0		0		0		0		0		15,140,000	
Total Liabilities	35,043		0		0		35,043		0		15,140,000	

Fund Equity & Other Credits Beginning Fund Balance Net Change in Fund Balance
Total Fund Equity & Other Credits Total Liabities & Fund Equity

1,697,798

3,021,631

175,679

4,895,108

10,211,018

15,140,000

379,837

1,841,172

1,282,917	1,180,459			2,463,409		0		0	
1,662,754	3,021,631	175,679		4,860,064		10,211,018		0	

175,646

33

2,396,656

10,211,018	0

I.	Trust Statement activity has been recorded through 10/31/10.
This statement is unaudited.
$164,91 l ofthe Capital Projects Fund Balance is reserved for future Capital Expenditures (Road Reserves) as appropriated from the General Fund Budget.

Revenues

Meadow Pointe III Community Development District
Statement ofRevenues and Expenditures 00 l - General Fund
From 10/1/2010 Through 10/31/2010
(In Whole Numbers)

Percent Annual AnnualBudget	YTDBudget	YTDActual	YTD Variance	Budget Remaining

Interest Earnings		
Interest Earnings	0	0	72	72	0.00%	
SpecialAssessments
Operations & Maintenance	
1,379,377	
1,379,377	
1,379,375	
(2)	
0.00%	
Assessments-Tax Roll						
Other Miscellaneous Revenues						
Miscellaneous	0	0	1,306	1,306	0.00%	
Cell Tower Lease	 	25,200	2 100	2 100	 	0	 	91.66%	
Total Revenues	1,404,577	1,381 477	1,382,853	 	l 376	 	1.55%	

Expenditures

Supervisor Fees	13,000	1,083	1,000	83	92.30%	
Financial &Administrative
Administrative Services	
9,013	
751	
751	
(0)	
91.66%	
District Management	34,814	2,901	2,901	0	91.66%	
District Engineer	18,000	1,500	195	1,306	98.91%	
Disclosure Report	5,000	417	0	417	100.00%	
Trustees Fees	12,500	8,594	10,218	(1,625)	18.25%	
Tax Collector/PropertyAppraiser	150	13	0	13	100.00%	
Financial Consulting Services	10,506		5,459	0	48.04%	
Accounting Services	19,313	1,609	1,609	0	91.66%	
Auditing Services	4,500	375	0	375	100.00%	
Arbitrage Rebate Calculation	4,500	375	1,125	(750)	75.00%	
Public Officials Liability Insurance	2,363	591	750	(159)	68.26%	
LegalAdvertising	1,500	125	0	125	100.00%	
Bank Fees	300	25		(48)	75.75%	
Dues, Licenses & Fees	525	204	175		66.66%	

Legislative

5,459

Fees

Website Development &	600	50	50	0	91.66% Maintenance

District Counsel	18,000	1,500	1,149	351	93.61%	
Law Enforcement						
Deputy Patrol	79,193	6,599	6,599	0	91.66%	
Electric Utility Services						
Utility Services	32,285	2,690	2,648	42	91.79%	
Street Lighting	95,550	7,963	8,060	(97)	91.56%	
Garbage/Solid Waste Control						
Garbage - Residential	149,790	12,483	12,066	416	91.94%	
Garbage - Recreation Facility	792	66	66	0	91.66%	
Solid WasteAssessment Recreation	900		0	75	100.00%	
Facility						
Water-Sewer Combination Services						
Utility - Recreation Facility	5,438	546	(93)	89.96%	
Stormwater Control						
Lake/PondBank Maintenance	39,600	3,300	3,750	(450)	90.53%	
MitigationArea Monitoring &	11,925		1,850	(856)	84.48%	
Maintenance						

Legal Counsel

453

This statement is unaudited.

Aquatic Plant Replacement	7,500	625	0	625	100.00%	
Aquatic Contract	37,200	3,100	3, 100	0	91.66%	
Lake/Pond Repair	35,000	2,917	0	2,917	100.00%	
Pasco County Stormwater	1, l l0		0		100.00%	
Assessment						
Other Physical Environment						
Property & Casualty Insurance	7,535	1,884	2,242	(358)	70.24%	
General Liability Insurance	3,346	3,067	2,352	716	29.72%	
Entry &Walls Maintenance	15,000	1,250	0	1,250	100.00%	
Landscape Maintenance	94,340	7, 862	7,862	0	91.66%	
Irrigation Repairs & Maintenance	17,720	1,477	2,474	(998)	86.03%	
Landscape Replacement Plants,	50,000	4,167	0	4,167	100.00%	
Shrubs, Trees						
Mulch Installation	42,000	3,500	0	3,500	100.00%	
FertilizerApplications	42,922	3,577	5,820	(2,243)	86.44%	
Miscellaneous Expenses	1,500	125	0	125	100.00%	
Road & Street Facilities						
Gate Maintenance	60,000	5,000	748	4,252	98.75%	
Gate Phone	6,012	501	458		92.38%	
Sidewalk Repair & Maintenance	2,500	208	0	208	100.00%	
Entry/Landscape Light Maintenance	2,000	167	0	167	100.00%	
Roadway Repair & Maintenance	5,000	417	0	417	100.00%	
Miscellaneous Expenses	1,000	83	0	83	100.00%	
Parks & Recreation						
Management Contract	141,274	l l,773	11,772		91.66%	
Pool/Water Park/Fountain	7,500	625	500	125	93.33%	
Maintenance						
Clubhouse Facility Maintenance	12,000	1,000	1,322	(322)	88.98%	
Clubhouse Telephone, Fax, Internet	750	63	0	63	100.00%	
Clubhouse Operating Supplies	5,500	458	129	330	97.65%	
Clubhouse Playground Mulch	1,800	150	0	150	100.00%	
Miscellaneous Expenses	1,000	83	118	(34)	88.22%	
Security System		62	0	62	100.00%	
Athletic/Park Court/Field Repairs	500	42	0	42	100.00%	
Boardwalk Maintenance	1,000	83	0	83	100.00%	
Clubhouse Lighting Replacement	1,200	100	0	100	100.00%	
Special Events						
Special Events	1,000	0	83	100.00%	
Contingency						
Capital Improvements	37,000	3,083	0	3,083	100.00%	
Asset Replacement Reserve	74,003	6,167	0	6,167	100.00%	
Road Reserves	 	l l7 561	 	9 797	 	0	 	9 797	 	100.00%	
Total Expenditures	1,404 577	133,782	99,936	33,846	 	92.88%	
Excess ofRevenues Over (Under)	0	1,247,695	1,282,917	35,222	0.00%	
Expenditures	 		 		 		 		 		
FundBalance, Beginning ofPeriod						
	0	0	379,837	379,837	0.00%	
FundBalance, End ofPeriod	 	0	 	1,247, 695	 	1,662,754	 	415,059	0.00%	

Meadow Pointe III Community Development District
Statement ofRevenues and Expenditures 001 - General Fund
From 10/1/2010 Through 10/31/2010
(In Whole Numbers)

AnnualBudget

YTDBudget

YTDActual

PercentAnnual YTD Variance	Budget Remaining

93

This statement is unaudited.

Meadow Pointe III Community Development District
Statement ofRevenues and Expenditures Debt Service Fund - Series 2003 & 2004 From 10/1/2010 Through 10/31/2010 (In Whole Numbers)

Annual Budget

Current Period Actual

Budget to Actual Variance

Budget Percentage Remaining

Revenues

Interest Earnings Special Assessments
Debt Service Assessments-Tax Roll	0

717,473	9

717,473	9

0	0.00%

0.00%	
Prepayments	0	63,417	63,417	0.00%	
Debt Service Assessments - Off	106,750	41,823	(64,927)	(60.82)%	
Impact Fees-Water/Sewer	 	0	4,112	 	4,112	 	0.00%	
Total Revenues	 	824,223	 	826,835	 	2,612	 	0.32%	
Expenditures					
Debt Service
Interest	
664,223		
0		
664,223		
100.00%	
Principal	 	160,000		 	0		 	160,000		 	100.00%	
Total Expenditures	 	824,223		 	0		 	824,223		 	100.00%	
Excess ofRevenues Over (Under)	0		826,835		826,835		0.00%	
Exe. ofRev./Other Sources Over	0		826,835		826,835		0.00%	
Fund Balance, Beginning ofPeriod	
0		
1,693,818		
1,693,818		
0.00%	
Fund Balance, End ofPeriod	0		2,520,653		2,520,653		0.00%	

Interest Earnings

Roll

Expenditures

Expend./Other Uses

This statement is unaudited.

Meadow Pointe III Community Development District
Statement ofRevenues and Expenditures Debt Service Fund - Series 2007A
From 10/1/2010 Through 10/31/2010
(In Whole Numbers)

Annual Budget

Current Period Actual

Budget to Actual Variance

Budget Percentage Remaining

Revenues

Interest Earnings	0
Special Assessments			0.00%	
Debt Service Assessments-Tax Roll�	3_5_3,'---6_2_3	 	353,623	 	0	 	0.00%	
Total Revenues	 	353,623	 	353,624	 		 	0.00%	
Expenditures				
Debt Service
Interest	
228,623		
0		
228,623		
100.00%	
Principal	 	125,000		 	0		 	125,000		 	100.00%	
Total Expenditures	 	353,623		 	0		 	353,623		100.00%	
Excess ofRevenues Over (Under)	0		353,624		353,624		0.00%	
Exe. ofRev./Other Sources Over	0		353,624		353,624		0.00%	
Fund Balance, Beginning ofPeriod	
0		
147,355		
147,355		
0.00%	
Fund Balance, End ofPeriod	0		500,978		500,978		0.00%	

Interest Earnings

Expenditures

Expend./Other Uses

This statement is unaudited.

Meadow Pointe III Community Development District
Statement ofRevenues and Expenditures Capital Projects Fund-Series 2003 & 2004 From 10/1/2010 Through 10/31/2010
(In Whole Numbers)

Annual Budget

Current Period Actual

Budget to Actual Variance

Budget Percentage Remaining

Revenues

33

Interest Earnings	 	0		 		 	33		0.00%	
Total Revenues	 	0		 				 	0.00%	
Excess ofRevenues Over (Under)	0		33	33		0.00%	
Exe. ofRev./Other Sources Over	0		33	33		0.00%	
Fund Balance, Beginning of Period	
0		
175,646	
175,646		
0.00%	
Fund Balance, End ofPeriod	0		175,679	175,679		0.00%	

Interest Earnings

Expenditures

Expend./Other Uses

This statement is unaudited.

Balance as of October 31. 2010

$

239,466

$

1,947,486

$

175 679

Meadow Pointe Ill COD Investment Summary October 31, 2010

Account	Investment

SunTrust Bank	Money Market Account	$	150,404	
BB&T Bank	Money Market Account	70,538	
Regions Bank	Money Market Account	18,524	

Total General Fund Investments

US Bank Series 2003A Reserve	First American Treasury Obligation Fund Class Z	$	450,200	
US Bank Series 2003AB Revenue	First American Treasury Obligation Fund Class Z	321,876	
US Bank Series 2004A Reserve	First American Treasury Obligation Fund Class Z	261,400	
US Bank Series 2004AB Revenue	First American Treasury Obligation Fund Class Z	138,918	
US Bank Series 2004-1 Reserve	First American Treasury Obligation Fund Class Z	112,249	
US Bank Series 2004-1 Revenue	First American Treasury Obligation Fund Class Z	109,920	
US Bank Series 2004-1 Prepayment	First American Treasury Obligation Fund Class Z	406,574	
US Bank Series 2007A Revenue	First American Treasury Obligation Fund Class Z	146,349	

Total Debt Service Fund Investments

US Bank Series 2004A Construction First American Treasury Obligation Fund Class Z	$	611	
US Bank Series 2004-1 Construction First American Treasury Obligation Fund Class Z	10,157	
Regions Bank	Business Money Market	164,911	

Total Capital Project Fund Investments

 	 	

Meadow Pointe III Community Development District Summary       AIR       Ledger         From 10/1/2010 Through 10/31/2010

Invoice Date 	Customer Name -	-	Invoice Number		CurrentBalance		
I0/1/2009	Pasco County Tax Collector	FY09-10	6,639.87	
10/1/2010	Pasco County Tax Collector	ARR144	 	2,450,471.02	
ReportBalance			2,457,110.89	

Payment terms for landowner assessments are (a) defined in the FYl0-11 Assessment Resolution adopted by the Board of Supervisors, (b) pursuant to Florida Statutes, Chapter 197 for assessments levied via the county tax roll.
Payment for Invoice FY 10-11 in the amount of$16,594.07 was received on 11/10/10.

10,943.89

Meadow Pointe III Community Development District
Summary NP Ledger 001 - General Fund
From 10/1/2010 Through 10/31/2010

Vendor Name		Invoice Date		Invoice Number		Invoice Description	Current Balance

CINTAS Corporation Loe. 074		
10/21/2010		
074720508		
Supplies 10/10	
127.10	
DCSI Inc.		10/20/2010		7970		Full Extended Gate Warranty&License Plate	315.88	
DCSI Inc.		10/25/2010		8014		Relocate Camera 10/10	127.50	
Deloitte Tax LLP		10/11/2010		8001287309		Arbitrage Rebate Calculation Series 2007- PE 08/31/10	1,125.00	
Department ofCommunity Affairs		10/1/2010		23991		Special District Fee FY 2010/2011	175.00	
John Deere Landscapes/Lesco		10/27/2010		56310125		Fertilizer - 07/10	5,820.00	
Pasco County Utilities		10/27/2010		969308000017 10/10		

1500 Meadow Pointe Blvd 10/10	545.71	
Straley & Robin		10/26/2010		7009		Legal Service 10/10	1,148.95	
WilsonMiller Inc		10/22/2010		441330		Engineering Services PE 09/10 - 10/10	1,558.75	
						Total 001 - General Fund	10,943.89	

Report Balance

Meadow Pointe III Commnnity Development District Statement of Revenues and Expenditures by Period 001 - General Fund
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009 -	11/1/2009 -	12/1/2009 -	1/1/2010 -	2/1/2010 -	3/1/2010 -	4/1/2010 -	5/1/2010 -	6/1/2010 -	7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -

Revenues

--1-0-/3-1/200--9	-11-/30-/20-�09	12/31/2009	1/31/2010	-2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	Total

2	0	0	0	0	0	78	278		292	184	172	72	1,426	

1,260,778	
18,552	
0	
0	
0	
0	
0	
0	
0	
0	
0	
766	
1,379,375	
2,659,471	

Interest Earnings
Interest Earnings
Special Assessments
Operations & Maintenance Assessment... Roll
Other Miscellaneous Revenues
Miscellanea...      2,562	2,787	2,557	2,615	2,585	4,164	2,890	2,957	3,257	2,734	2,955	3,066	1,306	36,434
Cell Tower	0	0	0	0	0	0	0	0	0	0	0	0	2,100	2,100

--21,332..	------2.ill..	 	---2.fil.i_	     .........ua5	__ 4,lM__

3 606

3 026

3 139	_......4.QM_	....U8llil.	__2,6.99,ru_

3235

Lease	--------
Total Revenues l,26.:U ..41

Expenditures
Legislative
Supervisor	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	800	1,000	2,000	1,000	1,000	13,800
Fees
Financial & Administrative
Administrat...	751	751	751	751	751	751	751	751	751	751	751	751	751	9,764
Services
District	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	2,901	37,715
Management
District	0	2,525	2,495	1,635	1,064	1,353	1,189	2,414	2,236	2,241	2,653	2,681	195	22,681
Engineer

Disclosure	0	0	0	5,000	0	0	0	0	0	0	0	0	0	5,000
Report
Tmstees Fees      1,289	1,289	2,789	1,289	1,289	3,776	1,374	1,886	0	0	1,401	584	10,218	27,180
Tax	0	0	0	0	0	0	150	0	0	0	0	0	0	150
Collector/Pr...

459

459

459

459

Appraiser Fees

Financial Consulting Services

5,459

459

459	459

459	459	5,459	15,965

Accounting	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	1,609	20,922
Services
Auditing	0	0	0	0	0	8,000	0	0	0	0	0	0	0	8,000

Services

Meadow Pointe III Community Development District Statement of Revenues and Expenditures by Period 001 - General Fund
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009 -	11/1/2009 -	12/1/2009 -	1/1/2010 -	2/1/2010 -	3/1/2010 -	4/1/2010 -	5/1/2010 -	6/1/2010 -	7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -

1-0/31-/200-9	11/30/2009	12/31/2009	1/31/2010	2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	Total

0	1,575	0	0	0	1,575	1,125	0	0	0	0	1,125	6,975	

208	
208	
208	
1,500	
0	
0	
0	
0	
0	
0	
0	
750	
3,081	

0	
0	
0	
0	
0	
0	
159	
134	
0	
516	
0	
0	
870	
16	61	0	0	36	16	15	15	31	36	136	73		
0	0	0	0	0	275	115	0	0	0	0	175	740	

50	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
50	
50	50	50	50	50	50	50	50	50	50	50	50	650	

Arbitrage	1,575 Rebate
Calculation
Public	208
Officials Liability Insurance
Legal	62
Advertising
Bank Fees	36
Dues,	175
Licenses & Fees
Miscellaneo...	0
Fees
Website	50

Development & Maintenance
Legal Counsel

District	(149)	2,056	1,022	1,222	2,185
Counsel
Law Enforcement

1,248	1,648	1,469	1,500	(201)	1,430	1,149	15,368

Deputy Patrol	0	0	0	26,398	6,599	6,599	13,199	6,599	0	6,599	6,599	6,599	6,599	85,792
Electric Utility Services
Utility	2,147	2,855	0	2,795	5,860	1,801	2,289	2,139	2,128	2,960	2,514	1,377	2,648	31,513
Services
Street	8,118	7,787	1,174	7,773	7,731	7,731	8,060	8,060	8,059	7,731	7,731	7,731	8,060	95,744

Garbage/Solid		
Garbage -	11,829	11,829	0	23,468	12,427	12,066	12,066	12,066	12,066	12,066	12,066	12,066	12,066	156,083	
Garbage -	66	66	66	66	66	66	66	66	66	66	66	66	66	858	
Facility
Solid Waste	
0	
868	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
868	

Lighting

Waste Control Residential Recreation

Assessment Recreation Facility

Meadow Pointe III Community Development District Statement of Revenues and Expenditures by Period 001 • General Fund
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009 -	11/1/2009 -	12/1/2009 -	1/1/2010 -	2/1/2010 -	3/1/2010 •	4/1/2010-	5/1/2010 -	6/1/2010 -	7/1/2010 •	8/1/2010 •	9/1/2010 -	10/1/2010 -
10/31/2009	11/30/2009	12/31/2009	1/31/2010	2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	Total

Clubhouse	0	135	(135)	0	206	(206)	0	0	0	0	0	0	0	0
Lighting Replacement

433

Water-Sewer Combination Services

Utility-	527	212	221	431	350
Recreation Facility

3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,300	3,750	43,350	

700	
0	
910	
1,200	
0	
1,045	
1,150	
210	
0	
1,900	
0		
1,850	
9,310	

0	

0	

0	

0	

0	

0	

1,680	

0	

0	

0	

0	

13,861	

0	

15,541	
3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	40,300	
0	0	0	0	0	225	0	8,450	9,110	70	2,210	0	0	20,065	
0	1,110	0	0	0	0	0	0	0	0	0	0	0	l,llO	

1,034	

1,034	

1,034	

1,034	

5,436	

0	

0	

0	

64	

0	

0	

0	

2,242	

11,876	

125	
125	
125	
125	
2,425	
0	
0	
0	
0	
0	
0	
228	
2,352	
5,504	

1,606	
0	
566	
168	
131	
0	
11,245	
6,720	
0	
0	
0	
0	
0	
20,436	

8,418	
7,862	
7,456	
7,862	
8,677	
7,862	
7,862	
7,862	
7,862	
7,862	
7,862	
7,862	
7,862	
103,167	

Stonnwater Control
Lake/Pond Bank Maintenance
Mitigation Area Monitoring & Maintenance
Aquatic Plant Replacement
Aquatic Contract
Lake/Pond Repair
Pasco County Stormwater Assessment
Other Physical Environment
Propetty & Casualty Insurance
General Liability Insurance
Entry & Walls Maintenance
Landscape Maintenance

470	926	0	1,308	912	834	546	7,171

Meadow Pointe III Community Development District Statement of Revennes and Expenditures by Period 001 - General Fund
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009 -	11/1/2009 -	12/1/2009 -	)/1/2010 -	2/1/2010 -	3/1/2010 -	4/)/2010 -	5/1/2010 -	6/1/2010 -	7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -	
10/31/2009	I i /30/2009	12/31/2009	1/31/2010	2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	

Total

3,612	372	1,658	1,815	1,023	859	819	643	939	1,817	1,549	643	2,474	18,224	

0	
3,038	
6,800	
140	
0	
0	
0	
0	
180	
6,847	
12,907	
38,336	
0	
68,247	

0	
0	
0	
20,125	
0	
0	
1,800	
0	
0	
0	
0	
0	
0	
21,925	
0	7,570	0	0	0	7,570	0	4,260	14,040	2,530	0	0	5,820	41,790	
0	0	0	0		(90)	0	90	(45)		0	0	0	0	

45	
242	
40	
77	
46	
1,000	
6	
1,280	
0	
0	
0	
0	
0	
2,736	

0	
0	
0	
0	
0	
0	
0	
0	
50	
(50)	
0	
0	
0	
0	
4,332	780	3,083	677	42,756	(35,804)	10,609	1,139	6,900	(1,018)	2,207	366	748	36,775	
482	525	489	476	434	521	478	435	348	780		520	458	6,293	
0	0	(100)	700	300	0	0	0	0	0	0	0	0	900	

lnigation Repairs & Maintenance
Landscape Replacement Plants, Shrubs, Trees
Mulch Installation
Fertilizer Applications
Clubhouse Facility Maintenance
Miscellanea... Expenses
Road & Street Facilities
Gate Phone Gate Maintenance
Gate Phone Sidewalk
Repair & Maintenance

Employee-S...	0	110	0	0	0	0	0	0	0	0	0	0	0	110	
Employee-... Comp	296	296	296	0	0	(887)	887	0	0	0	0	0	0	887	
Management	7,153	11,320	11,320	11,320	11,320	11,320	11,414	11,406	11,522	11,388	11,401	11,412	11,772	144,067	
Pool/Water	322	242	82	489	227	45	167	253	0	525	989	1,800	500	5,642	
Maintenance
Clubhouse	
425	
2,375	
2,682		
340	
321	
287	
725	
(4,116)	
468	
1,329	
833	
1,322	
7,427	
Maintenance
Clubhouse	
0	
159	
0	
0	
0	
0	
0	
0	
1	
0	
0	
0	
0	
160	
Fax, Internet
Clubhouse	
480	
341		
694	
123	
668	
0		
326	
653	
982	
149	
129		

Parks & Recreation

437

Contract Park/Founta...

Facility

Telephone,

597

5,535

Operating Supplies

Meadow Pointe III Community Development District Statement of Revenues and Expenditures by Period 001 - General Fund
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009	11/1/2009 -	12/1/2009 -	1/1/2010 -	2/1/2010 -	3/1/2010 -	4/1/2010 -	5/1/2010 -	6/1/2010 •	7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -

0		
0		
0		
0		
0		
0		
0		
149		
0		
0		
0				
118		
118	
144		0		156		0		0		156		0		0		156		0		0		156		0		768	
0		0		414		0		139		214		514		180		0		0		0		0		0		1,460	

0		
0		
7,499		
0		
0		
43,246		
0		
0		
0		
0		
0		
0		
0		
50,745	

1,980		
2,375		
0		
0		
1,425		
0		
0		
0		
0		
0		
0		
0		
0		
5,780	

10/31/2009	11/30/2009	12/31/2009	1/31/2010	2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	Total

Miscellaneo... Expenses
Security System
Clubhouse Lighting Replacement
Contingency Asset
Replacement Reserve
Road

70,204

87,939

67,547

130,793

127,338

93,886

104,066

94,786

86,483

81,399

90,246

123,035

99,936

1,257,658

1,193,138

(66,601)

(64,991)

(128,178)

(89,722)

(101,097)

(91,551)

(82,877)

      (87,107)

(119,032)	_l_,_282,917

_1,441,772

Reserves	--�- ---	� ----
Total Expenditures

Excess of Revenues Over (Under) Expenditures

Meadow Pointe III Commnnity Development District Statement of Revennes and Expenditures by Period 200 - Debt Service Fund - Series 2003 & 2004
From 10/1/2009 Through 10/31/2010
(In Whole Numbers)

10/1/2009 -		11/1/2009 -		12/1/2009 -		1/1/2010 -		2/1/2010 -		3/1/2010 -		4/1/2010 -		5/1/2010 -		6/1/2010 -		7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -	
10/31/2009		11/30/2009		12/31/2009		1/31/2010		2/28/2010		3/31/2010		4/30/2010		5/31/2010		6/30/2010		7/31/2010	8/31/2010	9/30/2010	10/31/2010	

Total
Revenues

9	0	0	0	0	0	I	3	3	2	4	17	9	49	

717,498	
10,558	
0	
0	
0	
0	
0	
0	
0	
0	
0	
436	
717,473	
1,445,964	

0	
0	
0	
0	
186,757	
31,126	
0	
0	
31,126	
0	
124,505	
155,631	
63,417	
592,562	
0	0	0	0	0	53,475	0	0	0	0	0	0	41,823	95,298	

0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
4,112	
4,112	

Interest Earnings
Interest Earnings
Special Assessments
Debt Service Assessment... Roll
Prepayments Debt Service Assessments
- Off Roll
Impact
Fees-Water/...
Contributions & Donations From Private Sources

   __li).5..Sll_	0

0

186 757	 _!&fil.

2 057

124,509

176 643	_, _m,8.15..

2,172 937

31 129

Impact                         0	0	0	0	0	12,336	2,056	0	0	0	0	20,560	0	34,952 Fees-Water/..	~-
Total Revenues ...._JJ1.,5illL

Expenditures

0	0	5,277	0	0	0	0	0	0	0	0	0	0	5,277	

0	
279,930	
0	
0	
88	
0	
0	
341,355	
0	
0	
613	
0	
0	
621,985	
___ Q	_ 2Q,O.QQ_	_,_,,	Q_	 	JL	5,QQQ	_	__Q_		_-3.fil).,ill)(L				J)_		440,QQO	
0	299,930	5,277	0	5,088	0	0	721,355	0	0	35,613	0	0	1,067,262	

Legal Counsel District Counsel

     717,508	 (289,372)	 	

--

0	      181,669	 	96,937	 	2,057	    (721,352)	 	31,129	 	2	�896

176,643

�835

1,105,675

Debt Service Interest Principal
Total Expenditures

Excess of Revenues Over (Under) Expenditures

Meadow Pointe III Community Development District Statement of Revenues and Expenditures by Period 202 - Debt Service Fund - Series 2007A
From I0/1/2009 Through I0/31/2010
(In Whole Numbers)

10/1/2009 -	11/1/2009 -	12/1/2009 -	1/1/2010 -	2/1/2010 -	3/1/2010 -	4/1/2010 -	5/1/2010 -	6/1/2010 -	7/1/2010 -	8/1/2010 -	9/1/2010 -	10/1/2010 -

10/31/2009	11/30/2009	12/31/2009	]/31/2010	2/28/2010	3/31/2010	4/30/2010	5/31/2010	6/30/2010	7/31/2010	8/31/2010	9/30/2010	10/31/2010	Total
Revenues
Interest Earnings
Interest	I	0	0	0	0	0	0	0	0	0	0	2	I	5
Earnings
Special Assessments

Debt Service	353,528	5,202	0	0	0	0	0	0	0	0	0	215	353,623	712,568
Assessment...
Roll	-
Total Revenues  _351.529_	 	5.,2.Q2_	J)_	__Q_	216	353,624	712,573
Expenditures
Debt Service

__________J)_
0

____lll,OlllL
126,047

       	______J)_

0

0

0

0

0

120 QQQ
235,797

0

0

0

0

0

130,QQQ
361,844

--	-

     1_5_:l�

    (120,845)

 	0	 	0	 	0	 	0	 	0	 (235,796)	 	0	 	0

0

216	�24	�729

Interest	0	116,047	0	0	0	0	0	115,797	0	0	0	0	0	231,844
Principal
Total Expenditures

Excess of Revenues Over (Under) Expenditures

Meadow Pointe III Commnnity Development District Statement of Revenues and Expenditures by Period 300 - Capital Projects Fund-Series 2003 & 2004
From 10/1/2009 Through 10/31/2010
(In  Whole Numbers)

	10/1 /2009 -		11 /1/2009 -		12/1/2009 -		1/1/2010 -		2/1/2010 -		3/1/2010 -		4/1/2010 -		5/1/2010 -		6/1/2010 -		7/1/2010 -		8/1/2010 -		9/1/2010 -		10/1/2010 -		
	10/31 /2009		11/30/2009		12/31/2009		1/31/2010		2/28/2010		3/31/2010		4/30/2010		5/31/2010		6/30/2010		7/31/2010		8/31/2010		9/30/2010 		10/31/2010	Total	

Revenues
Interest Earnings																											
Interest	0	0	0	0	0	21	85	52	37	34	36	36	302	
Earnings	 		 	
Total Revenues	 		
 	___Q_	 	

21	 	
li	 	
51	 	
 	n	 	
 ---14_	
1(i	 		 	
1(i	 	

""- - �---

0	 	0

0

0

0

21

85

52

34

36

36

302

Excess of Revenues Over (Under) Expenditures