Towne Park
Community Development District

Proposed Budget
FY2023

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1-2	General Fund	

3-8	

General Fund Narrative	

9	
Series 2016 2A Debt Service Fund	

10-11	
Series 2016 2A Amortization	

12	
Series 2018 2B Debt Service Fund	

13-14	

Series 2018 2B Amortization	

15	

Series 2018 3A Debt Service Fund	

16-17	

Series 2018 3A Amortization	

18	

Series 2019 3B Debt Service Fund	

19-20	

Series 2019 3B Amortization	

21	

Series 2019 3C Debt Service Fund	

22-23	

Series 2019 3C Amortization	

24		Series 2020 3D Debt Service Fund

25-26		Series 20120 3D Amortization

27		Capital Reserve Fund

	Adopted Budget	Actual Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	860,473	$	787,993	$	72,480	$	860,473	$	860,473	
Other Income	$	2,400	$	1,360	$	700	$	2,060	$	2,400	
Total Revenues	$	862,873	$	789,353	$	73,180	$	862,533	$	862,873	

Expenditures						
Administrative:						
Supervisor Fees	$	12,000	$	2,400	$	7,000	$	9,400	$	12,000	
Engineering Fees	$	10,000	$	984	$	9,016	$	10,000	$	10,000	
Attorney	$	50,000	$	7,690	$	21,000	$	28,690	$	40,000	
Annual Audit	$	7,500	$	-	$	4,000	$	4,000	$	4,000	
Assessment Roll Services	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Reamortization Schedules	$	625	$	550	$	-	$	550	$	625	
Arbitrage	$	2,700	$	-	$	-	$	-	$	-	
Dissemination	$	10,000	$	4,167	$	5,833	$	10,000	$	10,000	
Trustee Fees	$	23,867	$	19,608	$	4,259	$	23,867	$	23,867	
Management Fees	$	36,050	$	15,021	$	21,029	$	36,050	$	42,500	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,800	
Website Maintenance	$	2,400	$	500	$	700	$	1,200	$	1,200	
Telephone	$	200	$	-	$	200	$	200	$	200	
Copies	$	500	$	346	$	292	$	637	$	800	
Insurance	$	6,300	$	5,907	$	-	$	5,907	$	7,088	
Printing & Binding	$	1,000	$	24	$	583	$	607	$	1,000	
Legal Advertising	$	7,000	$	666	$	6,334	$	7,000	$	2,500	
Other Current Charges	$	5,000	$	261	$	2,917	$	3,177	$	3,500	
Office Supplies	$	200	$	12	$	117	$	128	$	200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	182,317	$	64,059	$	84,330	$	148,389	$	166,455	

Operations & Maintenance						
Field Expenditures
Property Insurance	
$	30,000	
$	19,771	
$	-	
$	19,771	
$	20,258	
Field Management	$	15,000	$	6,250	$	8,750	$	15,000	$	15,450	
Landscape Maintenance	$	265,000	$	103,492	$	144,891	$	248,384	$	263,665	
Landscape Enhancements/Replacement	$	35,000	$	1,725	$	20,417	$	22,142	$	35,000	
Pond Maintenance	$	32,000	$	13,405	$	18,767	$	32,172	$	32,172	
Electric	$	5,400	$	2,211	$	3,101	$	5,312	$	5,400	
Streetlighting	$	20,000	$	-	$	11,667	$	11,667	$	20,000	
Water & Sewer	$	2,500	$	442	$	616	$	1,058	$	2,500	
Irrigation Repairs	$	10,000	$	8,563	$	5,833	$	14,396	$	12,500	
General Repairs & Maintenance	$	15,000	$	400	$	8,750	$	9,150	$	15,000	
Contingency	$	10,000	$	2,122	$	5,833	$	7,955	$	10,000	
Subtotal Field Expenses	$	439,900	$	158,381	$	228,625	$	387,006	$	431,945	

	Adopted Budget	Actual Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Amenity Expenditures
Electric	

$	21,000	

$	4,626	

$	10,500	

$	15,126	

$	18,000	
Water	$	7,500	$	3,906	$	3,500	$	7,406	$	7,500	
Internet & Phone	$	2,600	$	722	$	1,834	$	2,556	$	3,200	
Playground & Equipment Lease	$	23,593	$	9,830	$	13,762	$	23,593	$	23,593	
Pool Service Contract	$	33,600	$	13,750	$	19,250	$	33,000	$	33,000	
Janitorial Services	$	19,560	$	5,713	$	13,847	$	19,560	$	18,500	
Security Services	$	30,000	$	3,596	$	19,717	$	23,312	$	33,800	
Pest Control	$	4,500	$	375	$	525	$	900	$	4,500	
Amenity Access Management	$	5,000	$	2,083	$	2,917	$	5,000	$	5,000	
Amenity Repair & Maintenance	$	15,000	$	2,434	$	8,750	$	11,184	$	15,000	
Contingency	$	10,000	$	2,563	$	2,917	$	5,479	$	5,000	
Subtotal Amenity Expenses	$	172,353	$	49,599	$	97,518	$	147,117	$	167,093	
						
Total Operations & Maintenance	$	612,253	$	207,980	$	326,143	$	534,123	$	599,038	

Other Expenditures
Transfer Out - Capital Reserve	

$	68,303	

$	-	

$	90,000	

$	90,000	

$	97,380	
Total Other Expenditures	$	68,303	$	-	$	90,000	$	90,000	$	97,380	
						
Total Expenditures	$	862,873	$	272,039	$	500,473	$	772,512	$	862,873	
						
Excess Revenues/(Expenditures)	$	-	$	517,314	$	(427,293)	$	90,021	$	-	

Product Type	Assessable Units	ERU/Unit	Total ERUs	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 2A Single-Family (Platted) (TP Estates Phase 2A)	148	1.00	148	$87,827.59	$593.43	$638.10	
Phase 2B Single-Family (Platted) (TP Estates Phase 2B)	130	1.00	130	$77,145.86	$593.43	$638.10	
Phase 3A Single-Family (Platted) (Riverstone Phase 1)	433	1.00	433	$256,955.04	$593.43	$638.10	
Phase 3B Single-Family (Platted) (Riverstone Phase 2)	277	1.00	277	$164,380.01	$593.43	$638.10	
Phase 3C Single-Family (Platted) (Riverstone Phases 3 and 4)	186	1.00	186	$110,377.92	$593.43	$638.10	
Riverstone Phases 5 & 6 (Platted)	276	1.00	276	$163,786.58	$593.43	$638.10	
	1450		1450	$860,473.00			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Other Income

Represents miscellaneous funds the District may receive such as amenity rental fees.

Expenditures:

General & Administrative:

Supervisor Fees

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

Engineering Fees

The District's engineer, Rayl Engineering, Inc., provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, KE Law Group, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with McDirmit Davis for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Reamortization Schedules

Represents the cost of having revised amortization schedules issued on the District’s bonds when extraordinary redemptions are made.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2016 2A, Series 2018 2B, Series 2018 3A, Series 2019 3B, Series 2019 3C and Series 2020 3D bonds. Governmental Management Services-Central Florida, LLC, provides these services.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds to USBank.

Description	Annually	
Series 2016 2A	$3,717	
Series 2018 2B & 3A	$8,027	
Series 2019 3B	$4,041	
Series 2019 3C	$4,041	
Series 2020 3D		$4,041 	
Total	$23,867	

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Website Maintenance

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

Telephone

Telephone and fax machine.

Copies

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

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

Legal Advertising

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

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

The District is contracted with Governmental Management Services-Central Florida, LLC for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Description	Monthly	Annually	
Maintenance	$19,053.33	$228,640	
Mulch		$29,025	
Annuals			$6,000 	
Total		$263,665	

Landscape Enhancements/Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Pond Maintenance

The District has contracted with The Lake Doctors for the care and maintenance of its ponds which includes shoreline grass, brush and vegetation control.

Description	Monthly	Annually	
Maintenance – 16 Ponds
Total	$2,681		$32,172 
$32,172	

Electric

Represents current and estimated electric charges of common areas throughout the District.

Streetlights

Represents the cost to maintain streetlights currently in place within the District Boundaries.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet & Phone

Internet service will be added for use at the Amenity Center.

Playground & Equipment Lease

The District has entered into a leasing agreement with Navitas Inc. and WHFS, LLC, for playground & equipment installed in the community.

Pool Service Contract

Resort Pool Services has been contracted to provide regular cleaning and treatments of the District’s two pools.

Description	Monthly	Annually	
Playground Lease - Navitas	$1,687	$20,250	
Playground Lease – WHFS	$278		$3,343 	
Total		$23,593	

Janitorial Services

Represents the costs to provide janitorial services for the District’s amenity facilities. These services are provided by E & A Cleaning, Inc., at a per clean rate for each amenity facility.

Description	Monthly	Annually	
Pool Maintenance – Amenity #1	$1,300	$15,600	
Pool Maintenance – Amenity #2	$1,450		$17,400 	
Total		$33,000	

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pest Control

The District is contracted with Floralawn for pest control treatments to its amenity facilities.

Amenity Access Management

Represents the cost of managing access to the District’s amenity facilities.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities and equipment.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Transfer Out – Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.
Proposed Budget
Series 2016 2A Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	111,715	$	102,304	$	9,411	$	111,715	$	111,715	
Interest	$	-	$	4	$	-	$	4	$	-	
Carry Forward Surplus	$	84,530	$	85,556	$	-	$	85,556	$	85,756	
Total Revenues	$	196,245	$	187,864	$	9,411	$	197,275	$	197,471	

Expenditures						
Interest - 11/1	$	41,144	$	41,144	$	-	$	41,144	$	40,375	
Principal - 11/1	$	25,000	$	25,000	$	-	$	25,000	$	30,000	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	40,519	$	-	$	40,375	$	40,375	$	39,625	
Total Expenditures	$	106,663	$	71,144	$	40,375	$	111,519	$	110,000	
						
Excess Revenues/(Expenditures)	$	89,582	$	116,720	$	(30,964)	$	85,756	$	87,471	
				
Interest - 11/1/23	
$39,625	
				Principal - 11/1/23		$30,000 	
$69,625
	Series	2016 Special Assessment Bonds Amortization Schedule				
Date		Balance	Prinicpal	Interest	Total		
						
11/01/22	$	1,435,000.00	$	30,000.00	$	40,375.00	$	110,750.00		
05/01/23	$	1,405,000.00	$	-	$	39,625.00			
11/01/23	$	1,405,000.00	$	30,000.00	$	39,625.00	$	109,250.00		
05/01/24	$	1,375,000.00	$	-	$	38,875.00			
11/01/24	$	1,375,000.00	$	30,000.00	$	38,875.00	$	107,750.00		
05/01/25	$	1,345,000.00	$	-	$	38,125.00			
11/01/25	$	1,345,000.00	$	35,000.00	$	38,125.00	$	111,250.00		
05/01/26	$	1,310,000.00	$	-	$	37,250.00			
11/01/26	$	1,310,000.00	$	35,000.00	$	37,250.00	$	109,500.00		
05/01/27	$	1,275,000.00	$	-	$	36,375.00			
11/01/27	$	1,275,000.00	$	35,000.00	$	36,375.00	$	107,750.00		
05/01/28	$	1,240,000.00	$	-	$	35,500.00			
11/01/28	$	1,240,000.00	$	40,000.00	$	35,500.00	$	111,000.00		
05/01/29	$	1,200,000.00	$	-	$	34,500.00			
11/01/29	$	1,200,000.00	$	40,000.00	$	34,500.00	$	109,000.00		
05/01/30	$	1,160,000.00	$	-	$	33,350.00			
11/01/30	$	1,160,000.00	$	40,000.00	$	33,350.00	$	106,700.00		
05/01/31	$	1,120,000.00	$	-	$	32,200.00			
11/01/31	$	1,120,000.00	$	45,000.00	$	32,200.00	$	109,400.00		
05/01/32	$	1,075,000.00	$	-	$	30,906.25			
11/01/32	$	1,075,000.00	$	45,000.00	$	30,906.25	$	106,812.50		
05/01/33	$	1,030,000.00	$	-	$	29,612.50			
11/01/33	$	1,030,000.00	$	50,000.00	$	29,612.50	$	109,225.00		
05/01/34	$	980,000.00	$	-	$	28,175.00			
11/01/34	$	980,000.00	$	55,000.00	$	28,175.00	$	111,350.00		
05/01/35	$	925,000.00	$	-	$	26,593.75			
11/01/35	$	925,000.00	$	55,000.00	$	26,593.75	$	108,187.50		
05/01/36	$	870,000.00	$	-	$	25,012.50			
11/01/36	$	870,000.00	$	60,000.00	$	25,012.50	$	110,025.00		
05/01/37	$	810,000.00	$	-	$	23,287.50			
11/01/37	$	810,000.00	$	60,000.00	$	23,287.50	$	106,575.00		
05/01/38	$	750,000.00	$	-	$	21,562.50			
11/01/38	$	750,000.00	$	65,000.00	$	21,562.50	$	108,125.00		
05/01/39	$	685,000.00	$	-	$	19,693.75			
11/01/39	$	685,000.00	$	70,000.00	$	19,693.75	$	109,387.50		
05/01/40	$	615,000.00	$	-	$	17,681.25			
11/01/40	$	615,000.00	$	75,000.00	$	17,681.25	$	110,362.50		
05/01/41	$	540,000.00	$	-	$	15,525.00			
	Series	2016 Special Assessment Amortization Schedule	Bonds			
Date		Balance	Prinicpal	Interest	Total	

11/01/41	
$	
540,000.00	
$	80,000.00	
$	15,525.00	
$	111,050.00	
05/01/42	$	460,000.00	$	-	$	13,225.00		
11/01/42	$	460,000.00	$	85,000.00	$	13,225.00	$	111,450.00	
05/01/43	$	375,000.00	$	-	$	10,781.25		
11/01/43	$	375,000.00	$	85,000.00	$	10,781.25	$	106,562.50	
05/01/44	$	290,000.00	$	-	$	8,337.50		
11/01/44	$	290,000.00	$	90,000.00	$	8,337.50	$	106,675.00	
05/01/45	$	200,000.00	$	-	$	5,750.00		
11/01/45	$	200,000.00	$	95,000.00	$	5,750.00	$	106,500.00	
05/01/46	$	105,000.00	$	-	$	3,018.75		
11/01/46	$	105,000.00	$	105,000.00	$	3,018.75	$	111,037.50	
			$	1,435,000.00	$	1,250,300.00	$	2,725,675.00	
Proposed Budget
Series 2018 2B Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	130,304	$	119,327	$	10,976	$	130,304	$	130,304	
Interest	$	-	$	3	$	-	$	3	$	-	
Carry Forward Surplus	$	61,580	$	63,601	$	-	$	63,601	$	72,001	
Total Revenues	$	191,883	$	182,931	$	10,976	$	193,908	$	202,305	

Expenditures						
Interest - 11/1	$	46,022	$	46,022	$	-	$	46,022	$	45,384	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	46,022	$	-	$	45,884	$	45,884	$	45,384	
Principal - 5/1	$	25,000	$	-	$	25,000	$	25,000	$	30,000	
Total Expenditures	$	117,044	$	51,022	$	70,884	$	121,906	$	120,769	
						
Excess Revenues/(Expenditures)	$	74,839	$	131,909	$	(59,908)	$	72,001	$	81,536	
				
Interest - 11/1/23	
$44,784	
Series 2018 Special Assessment Bonds 2B Amortization Schedule

11/01/22	$	1,685,000.00	$	-	$	45,384.38	$	116,268.75	
05/01/23	$	1,685,000.00	$	30,000.00	$	45,384.38	$	-	
11/01/23	$	1,655,000.00	$	-	$	44,784.38	$	120,168.75	
05/01/24	$	1,655,000.00	$	30,000.00	$	44,784.38	$	-	
11/01/24	$	1,625,000.00	$	-	$	44,034.38	$	118,818.75	
05/01/25	$	1,625,000.00	$	30,000.00	$	44,034.38	$	-	
11/01/25	$	1,595,000.00	$	-	$	43,284.38	$	117,318.75	
05/01/26	$	1,595,000.00	$	35,000.00	$	43,284.38	$	-	
11/01/26	$	1,560,000.00	$	-	$	42,409.38	$	120,693.75	
05/01/27	$	1,560,000.00	$	35,000.00	$	42,409.38	$	-	
11/01/27	$	1,525,000.00	$	-	$	41,534.38	$	118,943.75	
05/01/28	$	1,525,000.00	$	35,000.00	$	41,534.38	$	-	
11/01/28	$	1,490,000.00	$	-	$	40,659.38	$	117,193.75	
05/01/29	$	1,490,000.00	$	40,000.00	$	40,659.38	$	-	
11/01/29	$	1,450,000.00	$	-	$	39,584.38	$	120,243.75	
05/01/30	$	1,450,000.00	$	40,000.00	$	39,584.38	$	-	
11/01/30	$	1,410,000.00	$	-	$	38,509.38	$	118,093.75	
05/01/31	$	1,410,000.00	$	45,000.00	$	38,509.38	$	-	
11/01/31	$	1,365,000.00	$	-	$	37,300.00	$	120,809.38	
05/01/32	$	1,365,000.00	$	45,000.00	$	37,300.00	$	-	
11/01/32	$	1,320,000.00	$	-	$	36,090.63	$	118,390.63	
05/01/33	$	1,320,000.00	$	50,000.00	$	36,090.63	$	-	
11/01/33	$	1,270,000.00	$	-	$	34,746.88	$	120,837.50	
05/01/34	$	1,270,000.00	$	50,000.00	$	34,746.88	$	-	
11/01/34	$	1,220,000.00	$	-	$	33,403.13	$	118,150.00	
05/01/35	$	1,220,000.00	$	55,000.00	$	33,403.13	$	-	
11/01/35	$	1,165,000.00	$	-	$	31,925.00	$	120,328.13	
05/01/36	$	1,165,000.00	$	55,000.00	$	31,925.00	$	-	
11/01/36	$	1,110,000.00	$	-	$	30,446.88	$	117,371.88	
05/01/37	$	1,110,000.00	$	60,000.00	$	30,446.88	$	-	
11/01/37	$	1,050,000.00	$	-	$	28,834.38	$	119,281.25	
05/01/38	$	1,050,000.00	$	65,000.00	$	28,834.38	$	-	
11/01/38	$	985,000.00	$	-	$	27,087.50	$	120,921.88	
05/01/39	$	985,000.00	$	65,000.00	$	27,087.50	$	-	
11/01/39	$	920,000.00	$	-	$	25,300.00	$	117,387.50	
05/01/40	$	920,000.00	$	70,000.00	$	25,300.00	$	-	
11/01/40	$	850,000.00	$	-	$	23,375.00	$	118,675.00	
05/01/41	$	850,000.00	$	75,000.00	$	23,375.00	$	-	
11/01/41	$	775,000.00	$	-	$	21,312.50	$	119,687.50	
05/01/42	$	775,000.00	$	80,000.00	$	21,312.50	$	-	
11/01/42	$	695,000.00	$	-	$	19,112.50	$	120,425.00	
05/01/43	$	695,000.00	$	85,000.00	$	19,112.50	$	-	
11/01/43	$	610,000.00	$	-	$	16,775.00	$	120,887.50	
Series 2018 Special Assessment Bonds 2B Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
610,000.00	
$	90,000.00	
$	16,775.00	
$	
-	
11/01/44	$	520,000.00	$	-	$	14,300.00	$	121,075.00	
05/01/45	$	520,000.00	$	90,000.00	$	14,300.00	$	-	
11/01/45	$	430,000.00	$	-	$	11,825.00	$	116,125.00	
05/01/46	$	430,000.00	$	100,000.00	$	11,825.00	$	-	
11/01/46	$	330,000.00	$	-	$	9,075.00	$	120,900.00	
05/01/47	$	330,000.00	$	105,000.00	$	9,075.00	$	-	
11/01/47	$	225,000.00	$	-	$	6,187.50	$	120,262.50	
05/01/48	$	225,000.00	$	110,000.00	$	6,187.50	$	-	
11/01/48	$	115,000.00	$	-	$	3,162.50	$	119,350.00	
05/01/49	$	115,000.00	$	115,000.00	$	3,162.50	$	118,162.50	
			$	1,685,000.00	$	1,580,887.50	$	3,336,771.88	
Proposed Budget
Series 2018 3A Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	525,011	$	480,786	$	44,226	$	525,011	$	525,011	
Interest	$	-	$	12	$	-	$	12	$	-	
Carry Forward Surplus	$	220,388	$	227,575	$	-	$	227,575	$	233,736	
Total Revenues	$	745,400	$	708,373	$	44,226	$	752,598	$	758,747	

Expenditures						
Interest - 11/1	$	197,000	$	197,000	$	-	$	197,000	$	194,463	
Special Call - 11/1	$	-	$	5,000	$	-	$	5,000	$	-	
Interest - 5/1	$	197,000	$	-	$	196,863	$	196,863	$	194,463	
Principal - 5/1	$	120,000	$	-	$	120,000	$	120,000	$	125,000	
Total Expenditures	$	514,000	$	202,000	$	316,863	$	518,863	$	513,925	
						
Excess Revenues/(Expenditures)	$	231,400	$	506,373	$	(272,637)	$	233,736	$	244,822	
				
Interest - 11/1/23	
$191,963	
Series 2018 Special Assessment Bonds 3A Amortization Schedule

11/01/22	$	7,220,000.00	$	-	$	194,462.50	$	511,325.00	
05/01/23	$	7,220,000.00	$	125,000.00	$	194,462.50	$	-	
11/01/23	$	7,095,000.00	$	-	$	191,962.50	$	511,425.00	
05/01/24	$	7,095,000.00	$	130,000.00	$	191,962.50	$	-	
11/01/24	$	6,965,000.00	$	-	$	188,712.50	$	510,675.00	
05/01/25	$	6,965,000.00	$	135,000.00	$	188,712.50	$	-	
11/01/25	$	6,830,000.00	$	-	$	185,337.50	$	509,050.00	
05/01/26	$	6,830,000.00	$	145,000.00	$	185,337.50	$	-	
11/01/26	$	6,685,000.00	$	-	$	181,712.50	$	512,050.00	
05/01/27	$	6,685,000.00	$	150,000.00	$	181,712.50	$	-	
11/01/27	$	6,535,000.00	$	-	$	177,962.50	$	509,675.00	
05/01/28	$	6,535,000.00	$	160,000.00	$	177,962.50	$	-	
11/01/28	$	6,375,000.00	$	-	$	173,962.50	$	511,925.00	
05/01/29	$	6,375,000.00	$	170,000.00	$	173,962.50	$	-	
11/01/29	$	6,205,000.00	$	-	$	169,393.75	$	513,356.25	
05/01/30	$	6,205,000.00	$	175,000.00	$	169,393.75	$	-	
11/01/30	$	6,030,000.00	$	-	$	164,690.63	$	509,084.38	
05/01/31	$	6,030,000.00	$	185,000.00	$	164,690.63	$	-	
11/01/31	$	5,845,000.00	$	-	$	159,718.75	$	509,409.38	
05/01/32	$	5,845,000.00	$	195,000.00	$	159,718.75	$	-	
11/01/32	$	5,650,000.00	$	-	$	154,478.13	$	509,196.88	
05/01/33	$	5,650,000.00	$	210,000.00	$	154,478.13	$	-	
11/01/33	$	5,440,000.00	$	-	$	148,834.38	$	513,312.50	
05/01/34	$	5,440,000.00	$	220,000.00	$	148,834.38	$	-	
11/01/34	$	5,220,000.00	$	-	$	142,921.88	$	511,756.25	
05/01/35	$	5,220,000.00	$	230,000.00	$	142,921.88	$	-	
11/01/35	$	4,990,000.00	$	-	$	136,740.63	$	509,662.50	
05/01/36	$	4,990,000.00	$	245,000.00	$	136,740.63	$	-	
11/01/36	$	4,745,000.00	$	-	$	130,156.25	$	511,896.88	
05/01/37	$	4,745,000.00	$	260,000.00	$	130,156.25	$	-	
11/01/37	$	4,485,000.00	$	-	$	123,168.75	$	513,325.00	
05/01/38	$	4,485,000.00	$	270,000.00	$	123,168.75	$	-	
11/01/38	$	4,215,000.00	$	-	$	115,912.50	$	509,081.25	
05/01/39	$	4,215,000.00	$	285,000.00	$	115,912.50	$	-	
11/01/39	$	3,930,000.00	$	-	$	108,075.00	$	508,987.50	
05/01/40	$	3,930,000.00	$	305,000.00	$	108,075.00	$	-	
11/01/40	$	3,625,000.00	$	-	$	99,687.50	$	512,762.50	
05/01/41	$	3,625,000.00	$	320,000.00	$	99,687.50	$	-	
11/01/41	$	3,305,000.00	$	-	$	90,887.50	$	510,575.00	
05/01/42	$	3,305,000.00	$	340,000.00	$	90,887.50	$	-	
11/01/42	$	2,965,000.00	$	-	$	81,537.50	$	512,425.00	
05/01/43	$	2,965,000.00	$	355,000.00	$	81,537.50	$	-	
11/01/43	$	2,610,000.00	$	-	$	71,775.00	$	508,312.50	
Series 2018 Special Assessment Bonds 3A Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
2,610,000.00	
$	380,000.00	
$	71,775.00	
$	
-	
11/01/44	$	2,230,000.00	$	-	$	61,325.00	$	513,100.00	
05/01/45	$	2,230,000.00	$	400,000.00	$	61,325.00	$	-	
11/01/45	$	1,830,000.00	$	-	$	50,325.00	$	511,650.00	
05/01/46	$	1,830,000.00	$	420,000.00	$	50,325.00	$	-	
11/01/46	$	1,410,000.00	$	-	$	38,775.00	$	509,100.00	
05/01/47	$	1,410,000.00	$	445,000.00	$	38,775.00	$	-	
11/01/47	$	965,000.00	$	-	$	26,537.50	$	510,312.50	
05/01/48	$	965,000.00	$	470,000.00	$	26,537.50	$	-	
11/01/48	$	495,000.00	$	-	$	13,612.50	$	510,150.00	
05/01/49	$	495,000.00	$	495,000.00	$	13,612.50	$	508,612.50	
			$	7,220,000.00	$	6,765,331.25	$	14,302,193.75	
Proposed Budget
Series 2019 3B Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	335,844	$	307,553	$	28,291	$	335,844	$	335,844	
Interest	$	-	$	8	$	-	$	8	$	-	
Carry Forward Surplus	$	140,744	$	142,811	$	-	$	142,811	$	146,019	
Total Revenues	$	476,588	$	450,372	$	28,291	$	478,663	$	481,863	

Expenditures						
Interest - 11/1	$	118,282	$	118,822	$	-	$	118,822	$	117,159	
Interest - 5/1	$	118,822	$	-	$	118,822	$	118,822	$	117,159	
Principal - 5/1	$	95,000	$	-	$	95,000	$	95,000	$	100,000	
Total Expenditures	$	332,104	$	118,822	$	213,822	$	332,644	$	334,319	
						
Excess Revenues/(Expenditures)	$	144,484	$	331,550	$	(185,531)	$	146,019	$	147,544	
				
Interest - 11/1/23	
$115,409	
Series 2019 Special Assessment Bonds 3B Amortization Schedule

11/01/22	$	5,295,000.00	$	-	$	117,159.38	$	330,981.25	
05/01/23	$	5,295,000.00	$	100,000.00	$	117,159.38		
11/01/23	$	5,195,000.00	$	-	$	115,409.38	$	332,568.75	
05/01/24	$	5,195,000.00	$	105,000.00	$	115,409.38		
11/01/24	$	5,090,000.00	$	-	$	113,571.88	$	333,981.25	
05/01/25	$	5,090,000.00	$	110,000.00	$	113,571.88		
11/01/25	$	4,980,000.00	$	-	$	111,371.88	$	334,943.75	
05/01/26	$	4,980,000.00	$	115,000.00	$	111,371.88		
11/01/26	$	4,865,000.00	$	-	$	109,071.88	$	335,443.75	
05/01/27	$	4,865,000.00	$	120,000.00	$	109,071.88		
11/01/27	$	4,745,000.00	$	-	$	106,671.88	$	335,743.75	
05/01/28	$	4,745,000.00	$	120,000.00	$	106,671.88		
11/01/28	$	4,625,000.00	$	-	$	104,271.88	$	330,943.75	
05/01/29	$	4,625,000.00	$	125,000.00	$	104,271.88		
11/01/29	$	4,500,000.00	$	-	$	101,771.88	$	331,043.75	
05/01/30	$	4,500,000.00	$	135,000.00	$	101,771.88		
11/01/30	$	4,365,000.00	$	-	$	99,071.88	$	335,843.75	
05/01/31	$	4,365,000.00	$	140,000.00	$	99,071.88		
11/01/31	$	4,225,000.00	$	-	$	96,009.38	$	335,081.25	
05/01/32	$	4,225,000.00	$	145,000.00	$	96,009.38		
11/01/32	$	4,080,000.00	$	-	$	92,837.50	$	333,846.88	
05/01/33	$	4,080,000.00	$	150,000.00	$	92,837.50		
11/01/33	$	3,930,000.00	$	-	$	89,556.25	$	332,393.75	
05/01/34	$	3,930,000.00	$	160,000.00	$	89,556.25		
11/01/34	$	3,770,000.00	$	-	$	86,056.25	$	335,612.50	
05/01/35	$	3,770,000.00	$	165,000.00	$	86,056.25		
11/01/35	$	3,605,000.00	$	-	$	82,446.88	$	333,503.13	
05/01/36	$	3,605,000.00	$	170,000.00	$	82,446.88		
11/01/36	$	3,435,000.00	$	-	$	78,728.13	$	331,175.00	
05/01/37	$	3,435,000.00	$	180,000.00	$	78,728.13		
11/01/37	$	3,255,000.00	$	-	$	74,790.63	$	333,518.75	
05/01/38	$	3,255,000.00	$	190,000.00	$	74,790.63		
11/01/38	$	3,065,000.00	$	-	$	70,634.38	$	335,425.00	
05/01/39	$	3,065,000.00	$	195,000.00	$	70,634.38		
11/01/39	$	2,870,000.00	$	-	$	66,368.75	$	332,003.13	
05/01/40	$	2,870,000.00	$	205,000.00	$	66,368.75		
11/01/40	$	2,665,000.00	$	-	$	61,628.13	$	332,996.88	
05/01/41	$	2,665,000.00	$	215,000.00	$	61,628.13		
11/01/41	$	2,450,000.00	$	-	$	56,656.25	$	333,284.38	
05/01/42	$	2,450,000.00	$	225,000.00	$	56,656.25		
11/01/42	$	2,225,000.00	$	-	$	51,453.13	$	333,109.38	
05/01/43	$	2,225,000.00	$	235,000.00	$	51,453.13		
11/01/43	$	1,990,000.00	$	-	$	46,018.75	$	332,471.88	
Series 2019 Special Assessment Bonds 3B Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	

05/01/44	
$	
1,990,000.00	
$	245,000.00	
$	46,018.75		
11/01/44	$	1,745,000.00	$	-	$	40,353.13	$	331,371.88	
05/01/45	$	1,745,000.00	$	260,000.00	$	40,353.13		
11/01/45	$	1,485,000.00	$	-	$	34,340.63	$	334,693.75	
05/01/46	$	1,485,000.00	$	270,000.00	$	34,340.63		
11/01/46	$	1,215,000.00	$	-	$	28,096.88	$	332,437.50	
05/01/47	$	1,215,000.00	$	285,000.00	$	28,096.88		
11/01/47	$	930,000.00	$	-	$	21,506.25	$	334,603.13	
05/01/48	$	930,000.00	$	295,000.00	$	21,506.25		
11/01/48	$	635,000.00	$	-	$	14,684.38	$	331,190.63	
05/01/49	$	635,000.00	$	310,000.00	$	14,684.38		
11/01/49	$	325,000.00	$	-	$	7,515.63	$	332,200.00	
05/01/50	$	325,000.00	$	325,000.00	$	7,515.63	$	332,515.63	
			$	5,295,000.00	$	4,156,106.25	$	9,664,928.13	
Proposed Budget
Series 2019 3C Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	228,506	$	206,527	$	21,979	$	228,506	$	225,524	
Interest	$	-	$	5	$	-	$	5	$	-	
Carry Forward Surplus	$	115,247	$	128,773	$	-	$	128,773	$	87,052	
Total Revenues	$	343,753	$	335,305	$	21,979	$	357,284	$	312,577	

Expenditures						
Interest - 11/1	$	80,616	$	80,616	$	-	$	80,616	$	78,438	
Special Call - 11/1	$	-	$	45,000	$	-	$	45,000	$	-	
Interest - 5/1	$	80,616	$	-	$	79,616	$	79,616	$	78,438	
Principal - 5/1	$	65,000	$	-	$	65,000	$	65,000	$	70,000	
Total Expenditures	$	226,233	$	125,616	$	144,616	$	270,232	$	226,876	
						
Excess Revenues/(Expenditures)	$	117,521	$	209,689	$	(122,636)	$	87,052	$	85,701	
				
Interest - 11/1/23	
$77,169	
Series 2019 Special Assessment Bonds 3C Amortization Schedule

11/01/22	$	3,540,000.00	$	-	$	78,437.50	$	223,053.13	
05/01/23	$	3,540,000.00	$	70,000.00	$	78,437.50	$	-	
11/01/23	$	3,470,000.00	$	-	$	77,168.75	$	225,606.25	
05/01/24	$	3,470,000.00	$	70,000.00	$	77,168.75	$	-	
11/01/24	$	3,400,000.00	$	-	$	75,900.00	$	223,068.75	
05/01/25	$	3,400,000.00	$	75,000.00	$	75,900.00	$	-	
11/01/25	$	3,325,000.00	$	-	$	74,540.63	$	225,440.63	
05/01/26	$	3,325,000.00	$	75,000.00	$	74,540.63	$	-	
11/01/26	$	3,250,000.00	$	-	$	73,040.63	$	222,581.25	
05/01/27	$	3,250,000.00	$	80,000.00	$	73,040.63	$	-	
11/01/27	$	3,170,000.00	$	-	$	71,440.63	$	224,481.25	
05/01/28	$	3,170,000.00	$	80,000.00	$	71,440.63	$	-	
11/01/28	$	3,090,000.00	$	-	$	69,840.63	$	221,281.25	
05/01/29	$	3,090,000.00	$	85,000.00	$	69,840.63	$	-	
11/01/29	$	3,005,000.00	$	-	$	68,140.63	$	222,981.25	
05/01/30	$	3,005,000.00	$	90,000.00	$	68,140.63	$	-	
11/01/30	$	2,915,000.00	$	-	$	66,340.63	$	224,481.25	
05/01/31	$	2,915,000.00	$	90,000.00	$	66,340.63	$	-	
11/01/31	$	2,825,000.00	$	-	$	64,540.63	$	220,881.25	
05/01/32	$	2,825,000.00	$	95,000.00	$	64,540.63	$	-	
11/01/32	$	2,730,000.00	$	-	$	62,426.88	$	221,967.50	
05/01/33	$	2,730,000.00	$	100,000.00	$	62,426.88	$	-	
11/01/33	$	2,630,000.00	$	-	$	60,201.88	$	222,628.75	
05/01/34	$	2,630,000.00	$	105,000.00	$	60,201.88	$	-	
11/01/34	$	2,525,000.00	$	-	$	57,865.63	$	223,067.50	
05/01/35	$	2,525,000.00	$	110,000.00	$	57,865.63	$	-	
11/01/35	$	2,415,000.00	$	-	$	55,418.13	$	223,283.75	
05/01/36	$	2,415,000.00	$	115,000.00	$	55,418.13	$	-	
11/01/36	$	2,300,000.00	$	-	$	52,859.38	$	223,277.50	
05/01/37	$	2,300,000.00	$	120,000.00	$	52,859.38	$	-	
11/01/37	$	2,180,000.00	$	-	$	50,189.38	$	223,048.75	
05/01/38	$	2,180,000.00	$	125,000.00	$	50,189.38	$	-	
11/01/38	$	2,055,000.00	$	-	$	47,408.13	$	222,597.50	
05/01/39	$	2,055,000.00	$	130,000.00	$	47,408.13	$	-	
11/01/39	$	1,925,000.00	$	-	$	44,515.63	$	221,923.75	
05/01/40	$	1,925,000.00	$	135,000.00	$	44,515.63	$	-	
11/01/40	$	1,790,000.00	$	-	$	41,393.75	$	220,909.38	
05/01/41	$	1,790,000.00	$	145,000.00	$	41,393.75	$	-	
11/01/41	$	1,645,000.00	$	-	$	38,040.63	$	224,434.38	
05/01/42	$	1,645,000.00	$	150,000.00	$	38,040.63	$	-	
11/01/42	$	1,495,000.00	$	-	$	34,571.88	$	222,612.50	
05/01/43	$	1,495,000.00	$	155,000.00	$	34,571.88	$	-	
11/01/43	$	1,340,000.00	$	-	$	30,987.50	$	220,559.38	
Series 2019 Special Assessment Bonds 3C Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
1,340,000.00	
$	165,000.00	
$	30,987.50	
$	
-	
11/01/44	$	1,175,000.00	$	-	$	27,171.88	$	223,159.38	
05/01/45	$	1,175,000.00	$	175,000.00	$	27,171.88	$	-	
11/01/45	$	1,000,000.00	$	-	$	23,125.00	$	225,296.88	
05/01/46	$	1,000,000.00	$	180,000.00	$	23,125.00	$	-	
11/01/46	$	820,000.00	$	-	$	18,962.50	$	222,087.50	
05/01/47	$	820,000.00	$	190,000.00	$	18,962.50	$	-	
11/01/47	$	630,000.00	$	-	$	14,568.75	$	223,531.25	
05/01/48	$	630,000.00	$	200,000.00	$	14,568.75	$	-	
11/01/48	$	430,000.00	$	-	$	9,943.75	$	224,512.50	
05/01/49	$	430,000.00	$	210,000.00	$	9,943.75	$	-	
11/01/49	$	220,000.00	$	-	$	5,087.50	$	225,031.25	
05/01/50	$	220,000.00	$	220,000.00	$	5,087.50	$	225,087.50	
			$	3,540,000.00	$	2,788,257.50	$	6,472,873.13	
Proposed Budget
Series 2020 3D Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues						
Assessments	$	399,907	$	366,237	$	33,671	$	399,907	$	399,925	
Interest	$	-	$	8	$	-	$	8	$	-	
Carry Forward Surplus	$	130,174	$	130,175	$	-	$	130,175	$	129,741	
Total Revenues	$	530,082	$	496,420	$	33,671	$	530,091	$	529,667	

Expenditures						
Interest - 11/1	$	130,172	$	130,172	$	-	$	130,172	$	128,334	
Interest - 5/1	$	130,172	$	-	$	130,172	$	130,172	$	128,334	
Principal - 5/1	$	140,000	$	-	$	140,000	$	140,000	$	145,000	
Total Expenditures	$	400,344	$	130,172	$	270,172	$	400,344	$	401,669	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(6)	$	-	$	(6)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(6)	$	-	$	(6)	$	-	
						
Excess Revenues/(Expenditures)	$	129,738	$	366,242	$	(236,501)	$	129,741	$	127,998	
				
Interest - 11/1/23	
$126,431	
Series 2020 Special Assessment Bonds 3D Amortization Schedule

11/01/22	$	6,950,000.00	$	-	$	128,334.38	$	398,506.25	
05/01/23	$	6,950,000.00	$	145,000.00	$	128,334.38	$	-	
11/01/23	$	6,805,000.00	$	-	$	126,431.25	$	399,765.63	
05/01/24	$	6,805,000.00	$	145,000.00	$	126,431.25	$	-	
11/01/24	$	6,660,000.00	$	-	$	124,528.13	$	395,959.38	
05/01/25	$	6,660,000.00	$	150,000.00	$	124,528.13	$	-	
11/01/25	$	6,510,000.00	$	-	$	122,559.38	$	397,087.50	
05/01/26	$	6,510,000.00	$	155,000.00	$	122,559.38	$	-	
11/01/26	$	6,355,000.00	$	-	$	120,137.50	$	397,696.88	
05/01/27	$	6,355,000.00	$	160,000.00	$	120,137.50	$	-	
11/01/27	$	6,195,000.00	$	-	$	117,637.50	$	397,775.00	
05/01/28	$	6,195,000.00	$	165,000.00	$	117,637.50	$	-	
11/01/28	$	6,030,000.00	$	-	$	115,059.38	$	397,696.88	
05/01/29	$	6,030,000.00	$	170,000.00	$	115,059.38	$	-	
11/01/29	$	5,860,000.00	$	-	$	112,403.13	$	397,462.50	
05/01/30	$	5,860,000.00	$	175,000.00	$	112,403.13	$	-	
11/01/30	$	5,685,000.00	$	-	$	109,668.75	$	397,071.88	
05/01/31	$	5,685,000.00	$	180,000.00	$	109,668.75	$	-	
11/01/31	$	5,505,000.00	$	-	$	106,406.25	$	396,075.00	
05/01/32	$	5,505,000.00	$	190,000.00	$	106,406.25	$	-	
11/01/32	$	5,315,000.00	$	-	$	102,962.50	$	399,368.75	
05/01/33	$	5,315,000.00	$	195,000.00	$	102,962.50	$	-	
11/01/33	$	5,120,000.00	$	-	$	99,428.13	$	397,390.63	
05/01/34	$	5,120,000.00	$	200,000.00	$	99,428.13	$	-	
11/01/34	$	4,920,000.00	$	-	$	95,803.13	$	395,231.25	
05/01/35	$	4,920,000.00	$	210,000.00	$	95,803.13	$	-	
11/01/35	$	4,710,000.00	$	-	$	91,996.88	$	397,800.00	
05/01/36	$	4,710,000.00	$	220,000.00	$	91,996.88	$	-	
11/01/36	$	4,490,000.00	$	-	$	88,009.38	$	400,006.25	
05/01/37	$	4,490,000.00	$	225,000.00	$	88,009.38	$	-	
11/01/37	$	4,265,000.00	$	-	$	83,931.25	$	396,940.63	
05/01/38	$	4,265,000.00	$	235,000.00	$	83,931.25	$	-	
11/01/38	$	4,030,000.00	$	-	$	79,671.88	$	398,603.13	
05/01/39	$	4,030,000.00	$	245,000.00	$	79,671.88	$	-	
11/01/39	$	3,785,000.00	$	-	$	75,231.25	$	399,903.13	
05/01/40	$	3,785,000.00	$	250,000.00	$	75,231.25	$	-	
11/01/40	$	3,535,000.00	$	-	$	70,700.00	$	395,931.25	
05/01/41	$	3,535,000.00	$	260,000.00	$	70,700.00	$	-	
11/01/41	$	3,275,000.00	$	-	$	65,500.00	$	396,200.00	
05/01/42	$	3,275,000.00	$	270,000.00	$	65,500.00	$	-	
11/01/42	$	3,005,000.00	$	-	$	60,100.00	$	395,600.00	
05/01/43	$	3,005,000.00	$	285,000.00	$	60,100.00	$	-	
11/01/43	$	2,720,000.00	$	-	$	54,400.00	$	399,500.00	
Series 2020 Special Assessment Bonds 3D Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
2,720,000.00	
$	295,000.00	
$	54,400.00	
$	
-	
11/01/44	$	2,425,000.00	$	-	$	48,500.00	$	397,900.00	
05/01/45	$	2,425,000.00	$	305,000.00	$	48,500.00	$	-	
11/01/45	$	2,120,000.00	$	-	$	42,400.00	$	395,900.00	
05/01/46	$	2,120,000.00	$	320,000.00	$	42,400.00	$	-	
11/01/46	$	1,800,000.00	$	-	$	36,000.00	$	398,400.00	
05/01/47	$	1,800,000.00	$	330,000.00	$	36,000.00	$	-	
11/01/47	$	1,470,000.00	$	-	$	29,400.00	$	395,400.00	
05/01/48	$	1,470,000.00	$	345,000.00	$	29,400.00	$	-	
11/01/48	$	1,125,000.00	$	-	$	22,500.00	$	396,900.00	
05/01/49	$	1,125,000.00	$	360,000.00	$	22,500.00	$	-	
11/01/49	$	765,000.00	$	-	$	15,300.00	$	397,800.00	
05/01/50	$	765,000.00	$	375,000.00	$	15,300.00	$	-	
11/1/50	$	390,000.00	$	-	$	7,800.00	$	398,100.00	
5/1/51	$	390,000.00	$	390,000.00	$	7,800.00	$	397,800.00	
			$	6,950,000.00	$	4,705,600.00	$	11,925,771.88	
Proposed Budget Capital Reserve Fund

	Proposed Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY 2022	2/28/21	7 Months	9/30/22	FY 2023	

Revenues

Interest
Carry Forward Surplus

$	-	$	-	$
$	-	$	-	$

-	$	-	$
-	$	-	$

- 90,000

Expenditures
Capital Outlay

$	-	$	-	$

-	$	-	$	-

Other Financing Sources/(Uses)
Transfer In/(Out)

$	68,303	$

-	$	90,000	$

90,000	$

97,380