West Villages Improvement District

Proposed Budget For Fiscal Year 2020/2021
October 1, 2020 - September 30, 2021

CONTENTS
PROPOSED BUDGET-RECAP BY UNITS
PROPOSED INFRASTRUCTURE MAINTENANCE BREAKDOWN
PROPOSED BUDGET-DISTRICT PROPER
PROPOSED BUDGET-UNIT ONE
PROPOSED BUDGET-UNIT TWO
PROPOSED BUDGET-UNIT THREE
PROPOSED BUDGET-UNIT FOUR
PROPOSED BUDGET-UNIT FIVE
PROPOSED BUDGET-UNIT SEVEN
BUDGET COMPARISON
PROPOSED DEBT SERVICE FUND BUDGET-UNIT ONE
PROPOSED DEBT SERVICE FUND BUDGET-UNIT TWO
PROPOSED DEBT SERVICE FUND BUDGET-UNIT THREE
PROPOSED DEBT SERVICE FUND BUDGET-UNIT FOUR
PROPOSED DEBT SERVICE FUND BUDGET-UNIT FIVE
PROPOSED DEBT SERVICE FUND BUDGET-UNIT SEVEN
ASSESSMENT RECAP-DISTRICT PROPER
ASSESSMENT RECAP-UNIT ONE
ASSESSMENT METHODOLOGY-UNIT ONE
ASSESSMENT RECAP-UNIT TWO TOTAL GROSS
ASSESSMENT RECAP-UNIT TWO COLLECTION METHOD
ASSESSMENT METHODOLOGY-UNIT TWO
ASSESSMENT RECAP-UNIT THREE TOTAL GROSS
ASSESSMENT RECAP-UNIT THREE COLLECTION METHOD
ASSESSMENT METHODOLOGY-UNIT THREE
ASSESSMENT RECAP-UNIT FOUR TOTAL GROSS
ASSESSMENT RECAP-UNIT FOUR COLLECTION METHOD
ASSESSMENT METHODOLOGY-UNIT FOUR
ASSESSMENT RECAP-UNIT FOUR TOTAL GROSS
ASSESSMENT RECAP-UNIT FOUR COLLECTION METHOD
ASSESSMENT METHODOLOGY-UNIT FOUR
ASSESSMENT RECAP-ALL UNITS DETAIL
ASSESSMENT RECAP-TOTALS

RECAP BY UNIT

DISTRICT

REVENUES			 	PROPER			 	UNIT ONE			 	UNIT TWO			      UNIT THREE			 	UNIT FOUR			 	UNIT FIVE			      UNIT SEVEN			 	TOTAL		
O & M ASSESSMENTS		418,150		1,257,718		59,681		168,915		106,160		0		0		2,010,624	
O & M DIRECT BILL		0		0		2,755		12,825		47,314		73,755		320,905		457,554	
DEBT ASSESSMENTS		0		2,524,395		1,377,544		1,247,413		571,390		0		0		5,720,742	
DEBT DIRECT BILL		0		0		121,109		98,780		300,560		3,625,720		2,061,101		6,207,271	
INTEREST / OTHER INCOME		1,000		0		0		0		0		0		0		1,000	
DEVELOPER FUNDING		0		0		0		0		0		0		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		 	0		 	0		 	0		 	0		 	0		 	0		 	0		 	0	
Total Revenues		$	419,150		$	3,782,113		$	1,561,089		$	1,527,934		$	1,025,424		$	3,699,475		$	2,382,006		$	14,397,191	

EXPENDITURES																		
INFRASTRUCTURE MAINTENANCE		0		1,097,000		0		102,000		90,000		16,000		256,000		1,561,000	
GIS PROJECT		100,000		0		0		0		0		0		0		100,000	
ENGINEERING		40,000		15,000		2,000		15,000		2,500		2,500		2,000		79,000	
MANAGEMENT		60,586		12,005		12,005		12,005		12,005		12,005		12,005		132,616	
OPERATIONS ADMINISTRATION		31,300		31,300		15,650		15,650		15,650		15,650		15,650		140,850	
LEGAL		70,000		15,000		15,000		15,000		15,000		15,000		15,000		160,000	
ASSESSMENT ROLL		7,500		1,500		1,500		1,500		1,500		0		1,500		15,000	
AUDIT FEES		6,000		3,000		3,000		3,000		3,000		3,000		3,000		24,000	
ARBITRAGE REBATE FEE		0		1,500		1,500		1,500		1,500		0		1,500		7,500	
RENTS & LEASES		15,000		0		0		0		0		0		0		15,000	
INSURANCE		35,000		0		0		0		0		0		0		35,000	
LEGAL ADVERTISING		15,000		0		0		0		0		0		0		15,000	
MISCELLANEOUS		3,175		1,700		1,700		1,700		1,700		2,500		10,000		22,475	
POSTAGE		1,000		0		0		0		0		0		0		1,000	
OFFICE SUPPLIES		8,000		0		0		0		0		0		0		8,000	
TRUSTEE FEES		0		3,750		5,000		3,750		3,750		5,600		3,750		25,600	
WEBSITE		1,500		0		0		0		0		0		0		1,500	
CONTINUING DISCLOSURE FEE			 	0		 	500		 	1,500		 	500		 	500		 	1,500		 	500		 	5,000	
Total Expenditures		$	394,061		$	1,182,255		$	58,855		$	171,605		$	147,105		$	73,755		$	320,905		$	2,348,541	
																	
EXCESS / (SHORTFALL)		$	25,089		$	2,599,858		$	1,502,234		$	1,356,329		$	878,319		$	3,625,720		$	2,061,101		$	12,048,651	

PAYMENT TO TRUSTEE (UNIT 1)		
0		
(2,372,931)		
0		
0		
0		
0		
0		
(2,372,931)	
PAYMENT TO TRUSTEE (UNIT 2)		0		0		(1,416,000)		0		0		0		0		(1,416,000)	
PAYMENT TO TRUSTEE (UNIT 3)		0		0		0		(1,271,349)		0		0		0		(1,271,349)	
PAYMENT TO TRUSTEE (UNIT 4)		0		0		0		0		(837,666)		0		0		(837,666)	
PAYMENT TO TRUSTEE (UNIT 5)		0		0		0		0		0		(3,625,720)		0		(3,625,720)	
PAYMENT TO TRUSTEE (UNIT 7)		0		0		0		0		0		0		(2,061,101)		(2,061,101)	
BALANCE		$	25,089		$	226,927		$	86,233		$	84,980		$	40,653		$	-		$	-		$	463,882	

COUNTY APPRAISER & TAX COLLECTOR FEE	
(8,363)	
(75,642)	
(28,744)	
(28,327)	
(13,551)	
-	-	
(154,627)	
DISCOUNTS FOR EARLY PAYMENTS	(16,726)	(151,285)	(57,489)	(56,653)	(27,102)	-	-	(309,255)	
NET EXCESS / (SHORTFALL)		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-	

INFRASTRUCTURE MAINTENANCE BREAKDOWN

MAINTENANCE EXPENDITURE		DISTRICT
 	PROPER			
 	UNIT ONE			
 	UNIT TWO			
      UNIT THREE			
 	UNIT FOUR			
 	UNIT FIVE			
      UNIT SEVEN			
 	TOTAL		
Lake / Littoral Maintenance	0		51,000		0		0		80,000		16,000		21,000		168,000	
Mitigation Maintenance	0		0		0		0		10,000		0		0		10,000	
Road Maintenance / Resurface	0		248,000		0		102,000		0		0		0		350,000	
Landscaping	0		600,000		0		0		0		0		220,000		820,000	
Security Services	0		5,000		0		0		0		0		0		5,000	
Street Lighting	0		75,000		0		0		0		0		15,000		90,000	
Canal Maintenance / Repayment	0		118,000		0		0		0		0		0		118,000	
TOTAL MAINTENANCE EXPENDITURE	$	-		$	1,097,000		$	-		$	102,000		$	90,000		$	16,000		$	256,000		$	1,561,000	
NOTES:

Unit 1 Resurfacing reserves cover Preto ( between US 41 and Playmore ) , Playmore and WV Parkway ( north and south of US 41 )
Unit 1 Maintenance includes US 41, Preto ( between US 41 and Playmore ), Playmore and WV Parkway ( north and south of US 41 )
Unit 1 includes Dog Park
Unit 3 Resurfacing reserves only covers District owned roads
Unit 7 Maintenance includes West Villages Parkway ( south of Playmore ), Preto Boulevard ( south of Playmore ) , Playmore east of Braves, Road Segment 25

Resurfacing reserves for West Villages Parkway ( south of Playmore ) and Preto Boulevard ( south of Playmore ) will begin in Fiscal Year 2020/2021
Lake maintenace also includes costs for fountain maintenance

DISTRICT PROPER

	FISCAL YEAR		FISCAL YEAR	
	2019/2020		2020/2021	
	ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		309,745		418,150	
O & M DIRECT BILL		0		0	
DEBT ASSESSMENTS		0		0	
DEBT DIRECT BILL		0		0	
DEVELOPER CONTRIBUTION		0		0	
INTEREST INCOME		1,000		1,000	
OTHER REVENUES		0		0	
Total Revenues			  $	310,745		  $	419,150	
EXPENDITURES					
GIS PROJECT		0		100,000	
ENGINEERING		45,000		40,000	
MANAGEMENT		60,586		60,586	
OPERATIONS ADMINISTRATION		20,600		31,300	
LEGAL		80,000		70,000	
ASSESSMENT ROLL		7,500		7,500	
ANNUAL AUDIT		4,800		6,000	
ARBITRAGE REBATE FEE		0		0	
RENTS & LEASES		15,000		15,000	
INSURANCE		40,000		35,000	
LEGAL ADVERTISING		3,000		15,000	
MISCELLANEOUS		3,175		3,175	
POSTAGE		1,000		1,000	
OFFICE SUPPLIES		10,000		8,000	
TRUSTEE FEES		0		0	
CONTINUING DISCLOSURE FEE		0		0	
WEBSITE		1,500		1,500	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			  $	292,161		  $	394,061	
EXCESS  / (SHORTFALL)			  $	18,585		  $	25,089	
PAYMENT TO TRUSTEE		-		-	
BALANCE			  $	18,585		  $	25,089	

COUNTY APPRAISER & TAX COLLECTOR FEE		(6,195)		(8,363)	
DISCOUNTS FOR EARLY PAYMENTS		(12,390)		(16,726)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = $647,219.00

UNIT ONE

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		1,092,612		1,257,718	
O & M DIRECT BILL		0		0	
DEBT ASSESSMENTS		2,528,025		2,524,395	
DEBT DIRECT BILL		0		0	
DEVELOPER CONTRIBUTION		0		0	
OTHER REVENUES		0		0	
Total Revenues			  $	3,620,637		  $	3,782,113	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		963,000		1,097,000	
ENGINEERING		5,000		15,000	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		20,600		31,300	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		1,500		1,500	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		1,500		1,500	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		1,700		1,700	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		3,750		3,750	
CONTINUING DISCLOSURE FEE		500		500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			   $	1,027,055		   $	1,182,255	
EXCESS / (SHORTFALL)			   $	2,593,582		   $	2,599,858	
PAYMENT TO TRUSTEE		(2,376,344)		(2,372,931)	
BALANCE			  $	217,238		  $	226,927	

COUNTY APPRAISER & TAX COLLECTOR FEE		(72,413)		(75,642)	
DISCOUNTS FOR EARLY PAYMENTS		(144,825)		(151,285)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		
* Fund Balance as of 4-30-2020 = $1,240,460.00

UNIT TWO

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		42,439		59,681	
O & M DIRECT BILL		2,813		2,755	
DEBT ASSESSMENTS		2,646,152		1,377,544	
DEBT DIRECT BILL		116,724		121,109	
DEVELOPER CONTRIBUTION		0		0	
OTHER REVENUES		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues			  $	2,808,127		  $	1,561,089	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		0		0	
ENGINEERING		3,000		2,000	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		0		15,650	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		1,500		1,500	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		1,500		1,500	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		1,700		1,700	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		5,000		5,000	
CONTINUING DISCLOSURE FEE		500		1,500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			  $	42,705		  $	58,855	
EXCESS  / (SHORTFALL)			  $	2,765,422		  $	1,502,234	
PAYMENT TO TRUSTEE		(2,604,107)		(1,416,000)	
BALANCE			  $	161,315		  $	86,233	

COUNTY APPRAISER & TAX COLLECTOR FEE		(53,772)		(28,744)	
DISCOUNTS FOR EARLY PAYMENTS		(107,544)		(57,489)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = $237,475.00

UNIT THREE

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		178,217		168,915	
O & M DIRECT BILL		13,531		12,825	
DEBT ASSESSMENTS		1,247,413		1,247,413	
DEBT DIRECT BILL		98,780		98,780	
DEVELOPER CONTRIBUTION		0		0	
OTHER REVENUES		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues			  $	1,537,942		  $	1,527,934	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		102,000		102,000	
ENGINEERING		20,000		15,000	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		20,600		15,650	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		1,500		1,500	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		1,500		1,500	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		1,700		1,700	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		3,750		3,750	
CONTINUING DISCLOSURE FEE		500		500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			  $	181,055		  $	171,605	
EXCESS  / (SHORTFALL)			  $	1,356,887		  $	1,356,329	
PAYMENT TO TRUSTEE		(1,271,349)		(1,271,349)	
BALANCE			  $	85,538		  $	84,980	

COUNTY APPRAISER & TAX COLLECTOR FEE		(28,513)		(28,327)	
DISCOUNTS FOR EARLY PAYMENTS		(57,025)		(56,653)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = $594,934.00

UNIT FOUR

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		112,619		106,160	
O & M DIRECT BILL		50,193		47,314	
DEBT ASSESSMENTS		571,390		571,390	
DEBT DIRECT BILL		300,560		300,560	
DEVELOPER CONTRIBUTION		0		0	
OTHER REVENUES		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues			  $	1,034,762		  $	1,025,424	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		95,000		90,000	
ENGINEERING		3,000		2,500	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		10,300		15,650	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		1,500		1,500	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		1,500		1,500	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		10,000		1,700	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		3,750		3,750	
CONTINUING DISCLOSURE FEE		1,500		500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			  $	156,055		  $	147,105	
EXCESS  / (SHORTFALL)			  $	878,707		  $	878,319	
PAYMENT TO TRUSTEE		(837,666)		(837,666)	
BALANCE			  $	41,041		  $	40,653	

COUNTY APPRAISER & TAX COLLECTOR FEE		(13,680)		(13,551)	
DISCOUNTS FOR EARLY PAYMENTS		(27,360)		(27,102)	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = $129,172.00

UNIT FIVE

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		0		0	
O & M DIRECT BILL		67,905		73,755	
DEBT ASSESSMENTS		0		0	
DEBT DIRECT BILL		3,625,720		3,625,720	
DEVELOPER CONTRIBUTION		0		0	
OTHER REVENUES		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues			  $	3,693,625		  $	3,699,475	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		15,000		16,000	
ENGINEERING		2,500		2,500	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		10,300		15,650	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		0		0	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		0		0	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		5,000		2,500	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		5,600		5,600	
CONTINUING DISCLOSURE FEE		0		1,500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			   $	67,905		  $	73,755	
EXCESS  / (SHORTFALL)			   $	3,625,720		  $	3,625,720	
PAYMENT TO TRUSTEE		(3,625,720)		(3,625,720)	
BALANCE			  $	-			  $	-		

COUNTY APPRAISER & TAX COLLECTOR FEE
DISCOUNTS FOR EARLY PAYMENTS		-
-		-
-	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = ($240,160.00)

UNIT SEVEN

		FISCAL YEAR		FISCAL YEAR	
		2019/2020		2020/2021	
		ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
O & M ASSESSMENTS		0		0	
O & M DIRECT BILL		344,555		320,905	
DEBT ASSESSMENTS		0		0	
DEBT DIRECT BILL		773,731		2,061,101	
DEVELOPER FUNDING		0		0	
OTHER REVENUES		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
Total Revenues			  $	1,118,286		  $	2,382,006	
EXPENDITURES					
INFRASTRUCTURE MAINTENANCE		249,000		256,000	
ENGINEERING		2,000		2,000	
MANAGEMENT		12,005		12,005	
OPERATIONS ADMINISTRATION		10,300		15,650	
LEGAL		15,000		15,000	
ASSESSMENT ROLL		0		1,500	
AUDIT FEES		2,500		3,000	
ARBITRAGE REBATE FEE		0		1,500	
RENTS & LEASES		0		0	
INSURANCE		0		0	
LEGAL ADVERTISING		0		0	
MISCELLANEOUS		50,000		10,000	
POSTAGE		0		0	
OFFICE SUPPLIES		0		0	
TRUSTEE FEES		3,750		3,750	
CONTINUING DISCLOSURE FEE		0		500	
WEBSITE		0		0	
CONTINGENCY / PREV SHORTFALL		0		0	
Total Expenditures			   $	344,555		  $	320,905	
EXCESS  / (SHORTFALL)			   $	773,731		  $	2,061,101	
PAYMENT TO TRUSTEE		(773,731)		(2,061,101)	
BALANCE			  $	-			  $	-		

COUNTY APPRAISER & TAX COLLECTOR FEE
DISCOUNTS FOR EARLY PAYMENTS		-
-		-
-	
NET EXCESS / (SHORTFALL)			  $	-			  $	-		

* Fund Balance as of 4-30-2020 = ($4,559.00)

BUDGET COMPARISON

		FISCAL YEAR 2018/2019
ACTUAL		FISCAL YEAR 2019/2020
ANNUAL BUDGET		FISCAL YEAR 2020/2021
ANNUAL BUDGET	
							
REVENUES							
O & M ASSESSMENTS		1,274,291		1,688,554		2,010,624	
O & M DIRECT BILL		132,462		498,250		457,554	
DEBT ASSESSMENTS		5,239,520		6,992,980		5,720,742	
DEBT DIRECT BILL		913,435		4,915,516		6,207,271	
INTEREST / OTHER INCOME		587,685		1,000		1,000	
BOND PREPAYMENTS		0		0		0	
BOND PREPAYMENTS SENT TO TRUSTEE		0		0		0	
DEVELOPER FUNDING		61,498,869		0		0	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0		0	
							
Total Revenues		$	69,646,261		$	14,096,301		$	14,397,191	

EXPENDITURES							
INFRASTRUCTURE MAINTENANCE		1,008,897		1,399,000		1,561,000	
GIS PROJECT		0		0		100,000	
ENGINEERING		194,410		80,500		79,000	
MANAGEMENT		119,481		132,616		132,616	
OPERATIONS ADMINISTRATION		93,887		92,700		140,850	
LEGAL		117,150		170,000		160,000	
ASSESSMENT ROLL		13,500		13,500		15,000	
AUDIT FEES		21,576		19,800		24,000	
ARBITRAGE REBATE FEE		2,600		6,000		7,500	
RENTS & LEASES		14,400		15,000		15,000	
INSURANCE		24,809		40,000		35,000	
LEGAL ADVERTISING		30,767		3,000		15,000	
MISCELLANEOUS		18,997		73,100		22,475	
POSTAGE		1,848		1,000		1,000	
OFFICE SUPPLIES		6,288		10,000		8,000	
TRUSTEE FEES		16,633		25,600		25,600	
CONTINUING DISCLOSURE FEE		4,750		3,000		5,000	
WEBSITE		1,500		1,500		1,500	
CONTINGENCY / CONSTRUCTION COST		61,742,025		0		0	
							
Total Expenditures		63,433,519		2,086,491		2,348,541	
							
EXCESS / (SHORTFALL)		$	6,212,742		$	12,009,810		$	12,048,651	
							
DEBT PAYMENT TO TRUSTEE (All Units)		(5,903,240)		(11,488,918)		(11,584,769)	
							
BALANCE		$	309,502		$	520,892		$	463,882	
							
COUNTY APPRAISER & TAX COLLECTOR FEE		(62,674)		(173,631)		(154,627)	
DISCOUNTS FOR EARLY PAYMENTS		(247,762)		(347,261)		(309,255)	
							
NET EXCESS / (SHORTFALL)		$	(935)		$	-		$	-	

UNIT ONE DEBT SERVICE

	FISCAL YEAR 2020/2021
 	ANNUAL BUDGET		
REVENUES	
Interest Income	

0	
Debt Collections	2,372,931	
Total Revenues	$	2,372,931	

EXPENDITURES	
Principal Payments	

1,115,000	
Interest Payments	1,257,931	
Miscellaneous / Extra Redemption	0	
Total Expenditures	$	2,372,931	
		
Excess / (Shortfall)	$	-	

 	Series 2017 Bond Information	

Original Par Amount =	$32,165,000	Annual Principal Payments Due =	May 1st	
Avarage Interest Rate =
Issue Date =	4.47%
July 2017	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2038			

UNIT TWO DEBT SERVICE
 	Series 2019A-1 (Performing)	

FISCAL YEAR 2020/2021
 	ANNUAL BUDGET	

REVENUES	
Interest Income	0
Net Debt Collections	1,416,000
Total Revenues	$	1,416,000

EXPENDITURES			
Principal Payments	575,000	
Interest Payments	827,569	
Miscellaneous / Extra Redemption	13,432
Total Expenditures	$	1,416,000

Excess / (Shortfall)	$	-

Series 2019A-1 Bifurcated Bond Information (Performing)	

Original Par Amount =	$15,190,000	Annual Principal Payments Due =	May 1st	
Interest Rate =
Issue Date =	5.750%
October 2019	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2036			

 	Series 2019A-2 (Non Performing)	

FISCAL YEAR 2020/2021
 	ANNUAL BUDGET	

REVENUES	
Interest Income	0
Net Debt Collections	1,188,107
Total Revenues	$	1,188,107

EXPENDITURES			
Principal Payments	485,000	
Interest Payments	699,056	
Miscellaneous / Extra Redemption	4,050
Total Expenditures	$	1,188,107

Excess / (Shortfall)	$	-

Series 2019A-2 Bifurcated Bond Information (Performing)	

Original Par Amount =	$12,830,000	Annual Principal Payments Due =	May 1st	
Interest Rate =
Issue Date =	5.750%
October 2019	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2036			

UNIT THREE DEBT SERVICE

	FISCAL YEAR 2020/2021
 	ANNUAL BUDGET		
REVENUES	
Interest Income	

0	
Net Debt Collections	1,271,349	
Total Revenues	$	1,271,349	

EXPENDITURES	
Principal Payments	

610,000	
Interest Payments	659,510	
Miscellaneous / Extra Redemption	1,839	
Total Expenditures	$	1,271,349	
		
Excess / (Shortfall)	$	-	

 	Series 2017 Bond Information	

Original Par Amount =	$16,550,000	Annual Principal Payments Due =	May 1st	
Average Interest Rate =
Issue Date =	4.66%
July 2017	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2037			

UNIT FOUR DEBT SERVICE

	FISCAL YEAR 2020/2021
 	ANNUAL BUDGET		
REVENUES	
Interest Income	

0	
Net Debt Collections	837,666	
Total Revenues	$	837,666	

EXPENDITURES	
Principal Payments	

255,000	
Interest Payments	581,831	
Miscellaneous / Extra Redemption	835	
Total Expenditures	$	837,666	
		
Excess / (Shortfall)	$	-	

 	Series 2016 Bond Information	

Original Par Amount =	$13,090,000	Annual Principal Payments Due = November 1st	
Average Interest Rate =
Issue Date =	4.88%
October 2016	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	November 2046		

UNIT FIVE DEBT SERVICE

	FISCAL YEAR 2020/2021
 	ANNUAL BUDGET		
REVENUES	
Direct Assessments - State of Florida	

1,000,000	
Direct Assessments - Atlanta Braves	2,625,720	
Total Revenues	$	3,625,720	

EXPENDITURES	
2017A Principal Payments	

540,000	
2017A Interest Payments	456,227	
2017B Principal Payments	1,312,371	
2017B Interest Payments	1,276,225	
Other / Extra Redemption	40,898	
Total Expenditures	$	3,625,720	
		
Excess / (Shortfall)	$	-	

 	Series 2017A Bond Information	

Original Par Amount =	$13,955,000	Annual Principal Payments Due = February 1st & August 1st	
Average Interest Rate =
Issue Date =	3.72%
December 2017	Annual Interest Payments Due = February 1st & August 1st	
Maturity Date =	February 2038		

 	Series 2017B Bond Information	

Original Par Amount =	$27,500,000	Annual Principal Payments Due = June 30th & December 30t	
Average Interest Rate =
Issue Date =	5.39%
December 2017	Annual Interest Payments Due = June 30th & December 30t	
Maturity Date =	December 2033		

UNIT SEVEN DEBT SERVICE

	FISCAL YEAR 2020/2021
 	ANNUAL BUDGET		
REVENUES	
Interest	

0	
Net Master Debt Collections	1,974,499	
Net Village B Debt Collections	86,602	
Total Revenues	$	2,061,101	

EXPENDITURES	
2019 Master Principal Payments	

495,000	
2019 Master Interest Payments	1,474,438	
2019 Village B Principal Payments	20,000	
2019 Village B Interest Payments	62,725	
Other / Extra Redemption	8,939	
Total Expenditures	$	2,061,101	
		
Excess / (Shortfall)	$	-	

 	Series 2019 Master Bond  Information	

Original Par Amount =	$31,040,000	Annual Principal Payments Due = May 1st	
Average Interest Rate =
Issue Date =	4.90%
April 2019	Annual Interest Payments Due = May 1st & November 1st	
Maturity Date =	May 2050		

 	Series  2019 Village B Bond Information	

Original Par Amount =	$1,320,000	Annual Principal Payments Due = May 1st	
Average Interest Rate =
Issue Date =	4.90%
April 2019	Annual Interest Payments Due = May 1st & November 1st	
Maturity Date =	May 2050		

ASSESSMENT RECAP DISTRICT PROPER

A	B	C	F	G	F	G	

Lot			Total Fiscal Year 2019/2020	Total Fiscal Year 2019/2020	Total Fiscal Year 2020/2021	Total Fiscal Year 2020/2021	
Type		Units	Assessment	Assessment Per Unit	Projected Assessment	 Projected Assessment Per Unit	

Developed
Lots In Unit 1 Only	Administrative
Debt	
300	$	4,029.12
$	- 	$	13.43
$	- 	$	5,439.23
$	- 	$	18.13
$	- 	
	Sub-Total		$	4,029.12	$	13.43	$	5,439.23	$	18.13	
	
Developed	Administrative		$	22,334.76
$	- 
$	22,334.76	$	13.43
$	- 
$	13.43	$	30,151.45
$	- 
$	30,151.45	$	18.13
$	- 
$	18.13	
Lots In Unit 2	Debt	1,663					
	Sub-Total						
	
Developed	Administrative		$	23,610.65
$	- 
$	23,610.65	$	13.43
$	- 
$	13.43	$	31,873.87
$	- 
$	31,873.87	$	18.13
$	- 
$	18.13	
Lots In Unit 3	Debt	1,758					
	Sub-Total						
	
Developed
Lots In Unit 4	Administrative
Debt	
696	$	9,347.56
$	- 	$	13.43
$	- 	$	12,619.01
$	- 	$	18.13
$	- 	
	Sub-Total		$	9,347.56	$	13.43	$	12,619.01	$	18.13	
	
Developed Lots
In Sarasot County	Administrative
Debt	
0	$	-
$	- 	$	13.43
$	- 	
$	- 	0	$	18.13
$	- 	
	Sub-Total		$	-	$	13.43	$	-		$	18.13	

Undeveloped
Land In Unit 1	Administrative
Debt	
10,715	$	143,906.77
$	- 	$	13.43
$	- 	$	194,271.06
$	- 	$	18.13
$	- 	
	Sub-Total		$	143,906.77	$	13.43	$	194,271.06	$	18.13	
	
Undeveloped	Administrative		$	3,451.61
$	- 
$	3,451.61	$	13.43
$	- 
$	13.43	$	4,659.60
$	- 
$	4,659.60	$	18.13
$	- 
$	18.13	
Land In Unit 2	Debt	257					
	Sub-Total						
	
Undeveloped	Administrative		$	1,463.91
$	- 
$	1,463.91	$	13.43
$	- 
$	13.43	$	1,976.25
$	- 
$	1,976.25	$	18.13
$	- 
$	18.13	
Land In Unit 3	Debt	109					
	Sub-Total						
	
Undeveloped
Land In Unit 4	Administrative
Debt	
262	$	3,518.77
$	- 	$	13.43
$	- 	$	4,750.26
$	- 	$	18.13
$	- 	
	Sub-Total		$	3,518.77	$	13.43	$	4,750.26	$	18.13	
	
Undeveloped Land
In Sarasot County	Administrative
Debt	
7,303	$	98,082.23
$	- 	$	13.43
$	- 	$	132,408.92
$	- 	$	18.13
$	- 	
	Sub-Total		$	98,082.23	$	13.43	$	132,408.92	$	18.13	

TOTAL		 23,063	

  $	309,745.38

  $	418,149.64

Administrative Assessment Includes 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Note: The Assessment is calculated by the assessable units. 1 unit = 1/2 acre or less portion.

There are 23,063.00 assessable units in the District.

ASSESSMENT RECAP UNIT ONE
A	B	C	F	G	F	G	

Lot			Total Fiscal Year 2019/2020	Total Fiscal Year 2019/2020	Total Fiscal Year 2020/2021	Total Fiscal Year 2020/2021	
Type		Units	Assessment	Assessment Per Unit	Projected Assessment	Projected Assessment Per Unit	

Developed Lots In Unit 1 Only	Administrative Debt
Sub-Total	
300	$	20,089.68
$	48,122.31
$	68,211.98	$	66.97
$	160.41
$	227.37	$	23,941.33
$	48,053.20
$	71,994.54	$	79.80
$	160.18
$	239.98	
	
Developed
Lots In Unit 2	Administrative
Debt	
1,663	$	111,363.77
$	266,758.00	$	66.97
$	160.41	$	132,714.80
$	266,374.92	$	79.80
$	160.18	
	Sub-Total		$	378,121.77	$	227.37	$	399,089.72	$	239.98	
	
Developed	Administrative		$	117,725.50
$	281,996.73
$	399,722.23	$	66.97
$	160.41
$	227.37	$	140,296.22
$	281,591.77
$	421,887.99	$	79.80
$	160.18
$	239.98	
Lots In Unit 3	Debt	1,758					
	Sub-Total						
	
Developed
Lots In Unit 4	Administrative
Debt	
696	$	46,608.05
$	111,643.76	$	66.97
$	160.41	$	55,543.90
$	111,483.43	$	79.80
$	160.18	
	Sub-Total		$	158,251.80	$	227.37	$	167,027.33	$	239.98	

Undeveloped
Land In Unit 1	Admin / Maint
Debt	
10,715	$	717,536.27
$	1,718,768.45	$	66.97
$	160.41	$	855,104.65
$	1,716,300.25	$	79.80
$	160.18	
	Sub-Total		$	2,436,304.72	$	227.37	$	2,571,404.90	$	239.98	
	
Undeveloped	Administrative		$	17,210.16
$	41,224.78
$	58,434.93	$	66.97
$	160.41
$	227.37	$	20,509.74
$	41,165.58
$	61,675.32	$	79.80
$	160.18
$	239.98	
Land In Unit 2	Debt	257					
	Sub-Total						
	
Undeveloped	Administrative		$	7,299.25
$	17,484.44
$	24,783.69	$	66.97
$	160.41
$	227.37	$	8,698.68
$	17,459.33
$	26,158.02	$	79.80
$	160.18
$	239.98	
Land In Unit 3	Debt	109					
	Sub-Total						
	
Undeveloped
Land In Unit 4	Administrative
Debt	
262	$	17,544.98
$	42,026.82	$	66.97
$	160.41	$	20,908.77
$	41,966.46	$	79.80
$	160.18	
	Sub-Total		$	59,571.80	$	227.37	$	62,875.23	$	239.98	

Total Admin / Maint	$	1,055,377.66	$	1,257,718.09	
Total Debt	$	2,528,025.28	$	2,524,394.96	

TOTAL		 15,760	

  $	3,583,402.94

  $	3,782,113.04

Admin / Maint Assessment Includes 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Note: The Assessment is calculated by the assessable units as shown in Exhibit D of the Unit 1 Report Of Engineer.

There are 15,760.00 assessable units in Unit 1.

ANNUAL ASSESSMENT METHODOLOGY UNIT ONE

Exhibit D of WVID Unit 1 Engineers Report

Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	

Owner of Property	
Description of Property	Assessable Half- Acre or Less Portions	Amount of Determined Benefits	Amount of Determined Damages	Number of Acres to be Taken of Right- of-Way, ect	
						
Fourth Quarter Properties, XXXII, LLC	Exhibit D-1 of WVID Unit 1 Engineers
Report	

12,101	

$	36,816,162.00	

$0	

0	

DiVosta and Company, Inc	Exhibit D-2 of WVID Unit 1 Engineers
Report	

1,200	

$	3,650,887.89	

$0	

0	

Divosta Homes, LP	Exhibit D-3 of WVID Unit 1 Engineers
Report	

962	

$	2,926,795.13	

$0	

0	

Gran Paradiso I, LLC	Exhibit D-4 of WVID Unit 1 Engineers
Report	

1,432	

$	4,356,726.22	

$0	

0	

Gran Paradiso II, LLC	Exhibit D-5 of WVID Unit 1 Engineers
Report	

621	

$	1,889,334.48	

$0	

0	

Lee Weatherington Development, Inc.	Exhibit D-6 of WVID Unit 1 Engineers
Report	

84	

$	255,562.15	

$0	

0	

*
Amount of Benefits per Assessable Half- Acre or Less	

$	3,042.41	

$	3,042.41	

$	3,042.41	

$	3,042.41	

$	3,042.41	

$	3,042.41	

$	3,042.41

Total		

16,400	

$ 49,895,467.87	

$	-	

0	

*

* Note: These Columns / Rows are not a part of Exhibit D. These columns / Rows show a completely equal benefit per assessable 1/2 acre or less.

ASSESSMENT RECAP UNIT TWO - GROSS

A	B	C	E	F	I	H	I	

Lot		
Methodology Maximum	

Admin / Maint Assessment		
Total Fiscal Year 2019/2020	
Total Fiscal Year 2019/2020	
Total Fiscal Year 2019/2020	
Type		Percentage	Allocation	Units	Per Unit	Projected Assessment	Projected Per Unit	

 	2019 A-1 (Performing)	

Island Walk Single	Admin / Maint Debt	
24.62%	
15,417.10	1,799
 	1,796		$	6.08
$	379.89	$	15,417.10
$	682,282.44	$	8.57
$	379.89	
Family	Sub-Total				$	385.97	$	697,699.54	$	388.46	
	
Island Walk Multi	Admin / Maint Debt	
0.95%	
597.25	
70	$	6.04
$	378.22	$	597.25
$	26,475.40	$	8.53
$	378.22	
Family	Sub-Total				$	384.26	$	27,072.65	$	386.75	

Gran Paradiso	Admin / Maint	1,439	$	6.79	$	13,767.11	$	9.57
Single	Debt	21.99%	13,767.11		1,431		$	424.10	$	606,887.10	$	424.10
Family	Sub-Total	$	430.89	$	620,654.21	$	433.67	

Gran Paradiso Multi	Admin / Maint Debt	
3.65%	
2,282.38	
280	$	5.78
$	361.34	$	2,282.38
$	101,175.20	$	8.15
$	361.34	
Family (3 BDR)	Sub-Total				$	367.12	$	103,457.58	$	369.49	
	
Gran Paradiso Multi	Admin / Maint Debt	
3.25%	
2,034.96	280
 	278		$	5.16
$	322.17	$	2,034.96
$	89,563.26	$	7.27
$	322.17	
Family (2 BDR)	Sub-Total				$	327.33	$	91,598.22	$	329.44	
 	2019 A-2 (Non Performing)	

Town Center Multi
Family (3 BDR)	Admin / Maint Debt
Sub-Total	
1.01%	
632.48	
76	$	5.91
$	368.91
$	374.82	$	632.48
$	28,037.16
$	28,669.64	$	8.32
$	368.91
$	377.23	
	
Town Center Multi
Family (2 BDR)	Admin / Maint Debt
Sub-Total	
1.66%	
1,041.39	
140	$	5.28
$	329.74
$	335.02	$	1,041.39
$	46,163.60
$	47,204.99	$	7.44
$	329.74
$	337.18	
	
Town Center	Admin / Maint				$	205.86	$	26,839.02	$	290.18	
	Debt	42.87%	26,839.02	92.49	$	12,863.47	$	1,189,742.34	$	12,863.47	
	Sub-Total				$	13,069.33	$	1,216,581.36	$	13,153.65	

$	62,611.70
$	2,770,326.50

TOTAL	100.00%	$

62,611.70

4,163

$	2,832,938.20

Admin / Maint Assessment Includes 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Note: The Debt Assessment is calculated by the WVID Unit 2 Amended & Restated Final MR Rev 09-25-19

The Admin / Maint Assessment is calculated by the WVID Unit 2 Amended & Restated Final MR Rev 09-25-19 percentages Methodology Report Attached.
There are 13 units with pre-paid bonds.	
3 unit in Island Walk Single Family
2 unit in the Wetherington Single Family  6 unit in the Gran Paradiso Single Family 2 unit in the Gran Paradiso Multi Family

ASSESSMENT RECAP UNIT TWO - COLLECTION METHOD

A	B	C	D	E	F	G	H	I

 	TOTAL GROSS	

 	2019 A-1 (Performing)	

	Total Fiscal Year	Total Fiscal Year	
Lot
Type	
Units	2019/2020
Projected Assessment	2019/2020
Projected Per Unit	

Island Walk Single	Admin / Maint Debt	1,799
   1,796 	$	15,417.10
$	682,282.44	$	8.57
$	379.89	
Family	Sub-Total		$	697,699.54	$	388.46	
	
Island Walk Multi	Admin / Maint Debt	
70	$	597.25
$	26,475.40	$	8.53
$	378.22	
Family	Sub-Total		$	27,072.65	$	386.75	

GRAN PARADISO ON
 	ROLL GROSS	

GRAN PARADISO
  DIRECT BILL GROSS

Gran Paradiso        Admin / Maint	1,439	$	13,767.11	$	9.57
Single	Debt	1,431	$	606,887.10	$	424.10
Family	Sub-Total	$	620,654.21	$	433.67	

 	
 1,036  $   439,367.60	$	424.10
$   449,346.12	$	433.67

9.57

$

9,978.52

1,043 $

$	171,308.09

3,788.59
$	167,519.50

$

$	-	$	-

Gran Paradiso	Admin / Maint		$	2,282.38	$	8.15	
Multi	Debt	280	$	101,175.20	$	361.34	
Family (3 BDR)	Sub-Total		$	103,457.58	$	369.49	
	
Gran Paradiso Multi	Admin / Maint Debt	280
     278 	$	2,034.96
$	89,563.26	$	7.27
$	322.17	
Family (2 BDR)	Sub-Total		$	91,598.22	$	329.44	

 	
	$	945.56	$	8.15	
116	$ 41,915.44	$	361.34	
	$ 42,861.00	$	369.49	
	
585	$	4,229.82	$	7.27	
582	$ 187,502.94	$	322.17	
	$ 191,732.76	$	329.44	

 	
$	1,336.82
$	59,259.76
$	60,596.58	
	
$	(2,194.85)
$	(97,939.68)
$	(100,134.53)	

$     15,153.90	$	2,930.55
$   668,785.98	$	128,839.58

Gran Paradiso Direct Bill Net

$	2,754.72
$	121,109.21

 	2019 A-2 (Non Performing)	

TOWN CENTER ON ROLL
 	GROSS	

TOWN CENTER
  DIRECT BILL GROSS

Town Center Multi
Family (3 BDR)	Admin / Maint Debt
Sub-Total	140
      76 	$	632.48
$	28,037.16
$	28,669.64	$	8.32
$	368.91
$	377.23	
$	-	
Town Center Multi	Admin / Maint Debt	260
     140 	$	1,041.39
$	46,163.60	$	7.44
$	329.74	
Family (2 BDR)	Sub-Total		$	47,204.99	$	337.18	
$	-	
Town Center	Admin / Maint		$	26,839.02	$	290.18	
	Debt	92	$	1,189,742.34	$	12,863.47	
	Sub-Total		$	1,216,581.36	$	13,153.65	

 	
140	$	632.48	$	8.32	
76	$ 28,037.16	$	368.91	
	$ 28,669.64	$	377.23	
	
260	$	1,041.39	$	7.44	
140	$ 46,163.60	$	329.74	
	$ 47,204.99	$	337.18	
	
	$ 26,839.02	$	290.18	
92	$ 1,189,742.34	$ 12,863.47	
	$ 1,216,581.36	$ 13,153.65	

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

$	62,611.70	$     28,512.89	$	-
$	2,770,326.50	$ 1,263,943.10	$	- 

TOTAL	4,166

$	-

$	2,832,938.20

Town center Direct Bill Net

$	-

$	- 

Admin / Maint Assessment Includes 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Note: The Debt Assessment is calculated by the WVID Unit 2 Amended & Restated Final MR Rev 09-25-19

The Admin / Maint Assessment is calculated by the WVID Unit 2 Amended & Restated Final MR Rev 09-25-19 percentages Methodology Report Attached.
There are 13 units with pre-paid bonds.
3 unit in Island Walk Single Family
2 unit in the Wetherington Single Family
6 unit in the Gran Paradiso Single Family 2 unit in the Gran Paradiso Multi Family

ANNUAL ASSESSMENT METHODOLOGY UNIT TWO

COMBINED ANNUAL ASSESSMENTS AFTER ISSUANCE OF BONDS	

Property	

Units	

Original Number of Units in Area 1	
Total Maximum
Number of	Number of	Annual
Units True-up  Units in Area  Assessment or Paid Off (a)	1 Par	per Unit*	

Total Maximum Annual Assessment*	

Par Per Unit	

Total Par Per Category	

2019 A-1 (Performing)	
		
Island Walk							
Single Family Residents	DU	1,799	3	1,796	$379.89	$682,282.44	$3,830.73	$6,879,991.08	
Multi Family 3BDR or larger	DU	70	0	70	$378.22	$26,475.40	$3,813.87	$266,970.90	
Multi Family 2BDR or smaller	DU	0	0	0	$0.00	$0.00	$0.00	$0.00	
Assessable Commercial/Office	AC	0	0	0	$0.00	$0.00	$0.00	$0.00	
Total Island Walk				$708,757.84		$7,146,961.98	
Grand Paradiso							
Single Family Residents	DU	1,439	8	1,431	$424.10	$606,887.10	$4,276.51	$6,119,685.81	
Multi Family 3BDR or larger	DU	280	0	280	$361.34	$101,175.20	$3,643.65	$1,020,222.00	
Multi Family 2BDR or smaller	DU	280	2	278	$322.17	$89,563.26	$3,248.67	$903,130.26	
Assessable Commercial/Office	AC	0	0	0	$0.00	$0.00	$0.00	$0.00	
Total Grand Paradiso				$797,625.56		$8,043,038.07	
			2019 A-2 (Non Performing)				

Town Center							
Single Family Residents Multi Family 3BDR or larger Multi Family 2BDR or smaller
Assessable Commercial/Office
Total Town Center	DU DU DU AC	0
76
140
92.49	0	0	$235.00
0	76	$368.91
0	140	$329.74
0	92.49	$12,863.47	$0.00
$28,037.16
$46,163.60
$1,189,742.35
$1,263,943.11	$0.00
$3,744.72
$3,347.12
$130,574.17	$0.00
$284,598.86
$468,596.24
$12,076,804.91
$12,830,000.00	

GRAND TOTAL				
$2,770,326.51		
$28,020,000.05	

ASSESSMENT RECAP UNIT THREE - GROSS

A	B	C	D	G	F	G	

Product		

Total	
Total Fiscal Year 2019/2020	
Total Fiscal Year 2020/2021
Projected	
Total Fiscal Year 2020/2021
Projected	
Category	Type		Units	Assessment Per Unit	Assessment	Assessment Per Unit	

Pre Lennar	2 Bdr Sam 35	Admin / Maint	5	$	95.78	$	480.42	$	96.08	
		Debt	       4		$	1,093.10	$	4,372.40	$	1,093.10	
		Sub-Total		$	1,188.88	$	4,852.82	$	1,189.18	
	
	3 Bdr Sam 70	Admin / Maint	6	$	95.78	$	576.50	$	96.08	
		Debt	       5		$	1,432.12	$	7,160.60	$	1,432.12	
		Sub-Total		$	1,527.90	$	7,737.10	$	1,528.20	
	
	3 Bdr Sam 80	Admin / Maint	5	$	95.78	$	480.42	$	96.08	
		Debt	       4		$	1,559.05	$	6,236.20	$	1,559.05	
		Sub-Total		$	1,654.83	$	6,716.62	$	1,655.13	
	
	3 Bdr Lee 45	Admin / Maint		$	95.78	$	384.33	$	96.08	
		Debt	4	$	1,227.41	$	4,909.64	$	1,227.41	
		Sub-Total		$	1,323.19	$	5,293.97	$	1,323.49	
	
	3 Bdr Lee 65	Admin / Maint	10	$	95.78	$	960.83	$	96.08	
		Debt	       8		$	1,380.47	$	11,043.76	$	1,380.47	
		Sub-Total		$	1,476.25	$	12,004.59	$	1,476.55	

 	Total	 	Pre Lennar		 30	Gross

$	2,882.50

Gross

$	33,722.60

Lennar	35'	Admin / Maint	179	$	95.78	$	17,198.93	$	96.08	
		Debt	     178 	$	521.28	$	92,787.84	$	521.28	
		Sub-Total		$	617.06	$	109,986.77	$	617.36	
	
	Townhome	Admin / Maint	420	$	95.78	$	40,355.04	$	96.08	
		Debt	     419 	$	521.28	$	218,416.32	$	521.28	
		Sub-Total		$	617.06	$	258,771.36	$	617.36	
	
	Coach	Admin / Maint		$	95.78	$	11,145.68	$	96.08	
		Debt	116	$	627.66	$	72,808.56	$	627.66	
		Sub-Total		$	723.44	$	83,954.24	$	723.74	
	
	45'	Admin / Maint		$	95.78	$	5,668.92	$	96.08	
		Debt	59	$	627.66	$	37,031.94	$	627.66	
		Sub-Total		$	723.44	$	42,700.86	$	723.74	
	
	52'	Admin / Maint		$	95.78	$	49,290.80	$	96.08	
		Debt	513	$	734.04	$	376,562.52	$	734.04	
		Sub-Total		$	829.82	$	425,853.32	$	830.12	
	
	62'	Admin / Maint	131	$	95.78	$	12,586.93	$	96.08	
		Debt	     129 	$	840.42	$	108,414.18	$	840.42	
		Sub-Total		$	936.20	$	121,001.11	$	936.50	
	
	65'	Admin / Maint	79	$	95.78	$	7,590.59	$	96.08	
		Debt	      78 	$	840.42	$	65,552.76	$	840.42	
		Sub-Total		$	936.20	$	73,143.35	$	936.50	
	
	70'	Admin / Maint		$	95.78	$	5,380.67	$	96.08	
		Debt	56	$	840.42	$	47,063.52	$	840.42	
		Sub-Total		$	936.20	$	52,444.19	$	936.50	
	
	75'	Admin / Maint		$	95.78	$	24,213.02	$	96.08	
		Debt	252	$	946.81	$	238,596.12	$	946.81	
		Sub-Total		$	1,042.59	$	262,809.14	$	1,042.89	
	
	80'	Admin / Maint		$	95.78	$	6,245.42	$	96.08	
		Debt	65	$	946.81	$	61,542.65	$	946.81	
		Sub-Total		$	1,042.59	$	67,788.07	$	1,042.89	

 	Total	 	Lennar		 1,870	Gross

$	179,676.01

Gross

$ 1,318,776.41

TOTAL GROSS	 1,900 Total Gross

$	182,558.51

Total Gross

$ 1,352,499.01

 	
TOTAL NET		 1,900 Total Net

$	171,605.00

Total Net

$ 1,271,349.07

Assessment is calculated by the 2014 Revised Unit 3 Special Methodology Report Revised Methodology Report Tables 2 & 3 Attached
There are 10 units with pre-paid bonds. 
1 unit is a Gran Paradiso 2 BDR Sam 35,  1 unit is a Gran Paradiso 3 BDR Sam 70,  1 unit is a Gran Paradiso 3 BDR Sam 80,  2 units are Wetherington 3 BDR Lee 65, 2 unit are SF 62', 1 unit   is a SF 65', 1 unit is a SF 35', and 1 unit is a Townhome

ASSESSMENT RECAP UNIT THREE - COLLECTION METHOD

A	B	C	D	E	F	G	H	I	J
 	TOTAL GROSS		 	PLATTED ON ROLL GROSS		 DIRECT BILL GROSS 

Product	

Total	Total Fiscal Year 2020/2021
Projected	Total Fiscal Year 2020/2021
Projected		

Platted	Fiscal Year 2020/2021
Platted Total	Fiscal Year 2020/2021
Platted Per Unit		
Category	Type	Units	Assessment	Assessment Per Unit		Units	Assessments	Assessments		
	5	$	480.42	$	96.08		$	-	
	4	$	4,372.40	$	1,093.10		$		- 	
		$	4,852.82	$	1,189.18		$	-	
					
	6	$	576.50	$	96.08		$	-	
	5	$	7,160.60	$	1,432.12		$		- 	
		$	7,737.10	$	1,528.20		$	-	
					
	5	$	480.42	$	96.08		$	-	
	4	$	6,236.20	$	1,559.05		$		- 	
		$	6,716.62	$	1,655.13		$	-	
					
		$	384.33	$	96.08		$	-	
	4	$	4,909.64	$	1,227.41		$		- 	
		$	5,293.97	$	1,323.49		$	-	
					
	10	$	960.83	$	96.08		$	-	
	8	$	11,043.76	$	1,380.47		$		- 	
		$	12,004.59	$	1,476.55		$	-	

Pre Lennar	2 Bdr Sam 35	Admin / Maint	5	$	480.42	$	96.08	
		Debt	       4		$	4,372.40	$	1,093.10	
		Sub-Total		$	4,852.82	$	1,189.18	
	
	3 Bdr Sam 70	Admin / Maint	6	$	576.50	$	96.08	
		Debt	       5 	$	7,160.60	$	1,432.12	
		Sub-Total		$	7,737.10	$	1,528.20	
	
	3 Bdr Sam 80	Admin / Maint	5	$	480.42	$	96.08	
		Debt	       4		$	6,236.20	$	1,559.05	
		Sub-Total		$	6,716.62	$	1,655.13	
	
	3 Bdr Lee 45	Admin / Maint		$	384.33	$	96.08	
		Debt	4	$	4,909.64	$	1,227.41	
		Sub-Total		$	5,293.97	$	1,323.49	
	
	3 Bdr Lee 65	Admin / Maint	10	$	960.83	$	96.08	
		Debt	       8		$	11,043.76	$	1,380.47	
		Sub-Total		$	12,004.59	$	1,476.55	

 	Total	 Pre Lennar	 30 $

2,882.50

Gross

      30 $

2,882.50

Platted On Roll	$

-	Direct Bill

$	33,722.60

$	33,722.60

Gross

$	- Gross

Lennar	35'	Admin / Maint	179	$	17,198.93	$	96.08	
		Debt	    178 	$	92,787.84	$	521.28	
		Sub-Total		$	109,986.77	$	617.36	
	
	Townhome	Admin / Maint	420	$	40,355.04	$	96.08	
		Debt	    419 	$	218,416.32	$	521.28	
		Sub-Total		$	258,771.36	$	617.36	
	
	Coach	Admin / Maint		$	11,145.68	$	96.08	
		Debt	116	$	72,808.56	$	627.66	
		Sub-Total		$	83,954.24	$	723.74	
	
	45'	Admin / Maint		$	5,668.92	$	96.08	
		Debt	59	$	37,031.94	$	627.66	
		Sub-Total		$	42,700.86	$	723.74	
	
	52'	Admin / Maint		$	49,290.80	$	96.08	
		Debt	513	$	376,562.52	$	734.04	
		Sub-Total		$	425,853.32	$	830.12	
	
	62'	Admin / Maint	131	$	12,586.93	$	96.08	
		Debt	    129 	$	108,414.18	$	840.42	
		Sub-Total		$	121,001.11	$	936.50	
	
	65'	Admin / Maint	79	$	7,590.59	$	96.08	
		Debt	      78 	$	65,552.76	$	840.42	
		Sub-Total		$	73,143.35	$	936.50	
	
	70'	Admin / Maint		$	5,380.67	$	96.08	
		Debt	56	$	47,063.52	$	840.42	
		Sub-Total		$	52,444.19	$	936.50	
	
	75'	Admin / Maint		$	24,213.02	$	96.08	
		Debt	252	$	238,596.12	$	946.81	
		Sub-Total		$	262,809.14	$	1,042.89	
	
	80'	Admin / Maint		$	6,245.42	$	96.08	
		Debt	65	$	61,542.65	$	946.81	
		Sub-Total		$	67,788.07	$	1,042.89	

 	
333	$	31,995.78	$	96.08	
332	$ 173,064.96	$	521.28	
	$ 205,060.74	$	617.36	
	
252	$	24,213.02	$	96.08	
251	$ 130,841.28	$	521.28	
	$ 155,054.30	$	617.36	
	
	$	11,145.68	$	96.08	
116	$	72,808.56	$	627.66	
	$	83,954.24	$	723.74	
	
	$	5,668.92	$	96.08	
59	$	37,031.94	$	627.66	
	$	42,700.86	$	723.74	
	
	$	32,380.11	$	96.08	
337	$ 247,371.48	$	734.04	
	$ 279,751.59	$	830.12	
	
289	$	27,768.11	$	96.08	
287	$ 241,200.54	$	840.42	
	$ 268,968.65	$	936.50	
	
53	$	5,092.42	$	96.08	
52	$	43,701.84	$	840.42	
	$	48,794.26	$	936.50	
	
	$	5,380.67	$	96.08	
56	$	47,063.52	$	840.42	
	$	52,444.19	$	936.50	
	
	$	16,142.02	$	96.08	
168	$ 159,064.08	$	946.81	
	$ 175,206.10	$	1,042.89	
	
	$	6,245.42	$	96.08	
65	$	61,542.65	$	946.81	
	$	67,788.07	$	1,042.89	

 	
$	24,349.09
$	-
$	- 
$	-
$	8,071.01
$	79,532.04
$	87,603.05
$	-
$	- 
$	-

2,498.17
$	21,850.92

$

(15,181.18)
$      (132,786.36)
$      (147,967.54)

$

$	- 
$	-
$	-
$	- 
$	-
$	16,910.68
$	129,191.04
$	146,101.72

-

$

$	(95,073.97)
$	16,142.02
$	87,575.04
$	103,717.06

(14,796.85)
$	(80,277.12)

$

  	 	

 	Total	 	Lennar		 1,870      $	179,676.01
$  1,318,776.41

Gross

   1,728       $    166,032.16
$ 1,213,690.85

Platted On Roll Gross

$	13,643.85 Direct Bill
$	105,085.56 Gross

 	 	

TOTAL GROSS	 1,900 $

182,558.51

Total Gross

  1,758 $

168,914.66

Total Platted On

$	13,643.85

Total Direct

$ 1,352,499.01

$ 1,247,413.45

Roll Gross

$	105,085.56 Bill Gross

 	
TOTAL NET	 1,900 $

171,605.00

Total Net

$ 158,779.78

Total Platted On

$	12,825.22

Total Direct

$ 1,271,349.07

$ 1,172,568.64

Roll Net

$	98,780.43 Bill Net

Assessment is calculated by the 2014 Revised Unit 3 Special Methodology Report Revised Methodology Report Tables 2 & 3 Attached
There are 10 units with pre-paid bonds.
1 unit is a Gran Paradiso 2 BDR Sam 35, 1 unit is a Gran Paradiso 3 BDR Sam 70, 1 unit is a Gran Paradiso 3 BDR Sam 80, 2 units are Wetherington 3
BDR Lee 65, 2 unit are SF 62', 1 unit is a SF 65', 1 unit is a SF 35', and 1 unit is a Townhome

REVISED ANNUAL ASSESSMENT METHODOLOGY UNIT 3
Table 2

Product Type	
Number of Units	Total Maximum
Annual Assessment per Unit *	Total Maximum Annual Assessment per Product Type	
35'	179	$490	$87,710	
Town	420	$490	$205,800	
Coach	116	$590	$68,440	
45'	59	$590	$34,810	
52'	513	$690	$353,970	
62'	131	$790	$103,490	
65'	79	$790	$62,410	
70'	56	$790	$44,240	
75'	252	$890	$224,280	
80'	65	$890	$57,850	
Totals	1870		$1,243,000	
* Does not include county fees and discounts.

The Bonds currently has a maximum annual debt service requirement of $1,274,100. The maximum annual debt service shown in Table 2 to be derived from the revised plan proposed by Lennar, together with a maximum annual assessment amount of
$29,543 derived from the twenty-six (26) existing residential units, is sufficient to retire the outstanding debt as shown in Table 3.

$1,277,343

Total Maximum Annual Assessment

$1,243,000
$34,343

Revised Methodology Maximum Annual Assessment Pre Lennar Annual Assessment*

Table 3

ASSESSMENT RECAP UNIT FOUR - GROSS

	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
	2019/2020	2020/2021	2020/2021	
Product	Total		Projected	Projected	
Subdivision	Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	

Renaissance	35' Villas	Admin / Maint Debt
Sub-Total	
224	$	161.81
$	678.03
$	839.84	$	34,166.48
$	151,879.15
$	186,045.63	$	152.53
$	678.03
$	830.56	
	
	50' SF	Admin / Maint		$	161.81	$	41,640.40	$	152.53	
		Debt	273	$	998.94	$	272,709.57	$	998.94	
		Sub-Total		$	1,160.75	$	314,349.97	$	1,151.47	
	
	60' SF	Admin / Maint		$	161.81	$	29,438.08	$	152.53	
		Debt	193	$	1,212.87	$	234,084.36	$	1,212.87	
		Sub-Total		$	1,374.68	$	263,522.44	$	1,365.40	

 	Total	 	Renaissance		 690	Gross

$	105,244.96

Gross

$	658,673.09

Oasis	60' SF	Admin / Maint Debt
Sub-Total	
92	$	161.81
$	829.89
$	991.70	$	14,032.66
$	76,350.21
$	90,382.87	$	152.53
$	829.89
$	982.42	
	
	70' SF	Admin / Maint		$	161.81	$	6,711.27	$	152.53	
		Debt	44	$	980.00	$	43,120.00	$	980.00	
		Sub-Total		$	1,141.81	$	49,831.27	$	1,132.53	

 	Total	 	Oasis		 136	Gross

$	20,743.93

Gross

$	119,470.21

Preserve	33' Villas	Admin / Maint Debt
Sub-Total	
90	$	161.81
$	424.61
$	586.42	$	13,727.60
$	38,214.57
$	51,942.18	$	152.53
$	424.61
$	577.14	
	
	50' SF	Admin / Maint		$	161.81	$	16,778.18	$	152.53	
		Debt	110	$	679.79	$	74,776.60	$	679.79	
		Sub-Total		$	841.60	$	91,554.78	$	832.32	

 	Total	 	Preserve		 200	Gross

$	30,505.79

Gross

$	112,991.17

 	

TOTAL GROSS	 1,026 Total Gross

$	156,494.68

Total Gross

$	891,134.47

TOTAL NET		 1,026 Total Net

$	147,105.00

Total Net

$	837,666.40

Assessment is calculated by the 2016 Unit 4 Special Methodology Report Methodology Report Table F Data Attached

ASSESSMENT RECAP UNIT FOUR - COLLECTION METHOD

A	B	C	D	E	F	G	H	I	J

 	TOTAL GROSS		 	PLATTED ON ROLL GROSS		 DIRECT BILL GROSS 

Product	

Total	Total Fiscal Year 2020/2021
Projected	Total Fiscal Year 2020/2021
Projected		

Platted	Fiscal Year 2020/2021
Platted Total	Fiscal Year 2020/2021
Platted Per Unit		
Subdivision	Type	Units	Assessment	Assessment Per Unit		Units	Assessments	Assessments		
		$ 23,184.40	$	152.53		$	10,982.08	
	152	$ 103,060.85	$	678.03		$	48,818.30	
		$ 126,245.25	$	830.56		$	59,800.38	
				
		$ 27,912.79	$	152.53		$	13,727.60	
	183	$ 182,805.32	$	998.94		$	89,904.26	
		$ 210,718.11	$	1,151.47		$	103,631.86	
				
		$ 14,185.19	$	152.53		$	15,252.89	
	93	$ 112,797.13	$	1,212.87		$	121,287.23	
		$ 126,982.32	$	1,365.40		$	136,540.13	

Renaissance	35' Villas	Admin / Maint		$	34,166.48	$	152.53	
		Debt	224	$	151,879.15	$	678.03	
		Sub-Total		$	186,045.63	$	830.56	
	
	50' SF	Admin / Maint		$	41,640.40	$	152.53	
		Debt	273	$	272,709.57	$	998.94	
		Sub-Total		$	314,349.97	$	1,151.47	
	
	60' SF	Admin / Maint		$	29,438.08	$	152.53	
		Debt	193	$	234,084.36	$	1,212.87	
		Sub-Total		$	263,522.44	$	1,365.40	

 	Total	 Renaissance	 690        $	105,244.96
$	658,673.09

Gross

    428        $    65,282.38
$  398,663.30

Platted On Roll Gross

$	39,962.58 Direct Bill
$	260,009.79 Gross

Oasis	60' SF	Admin / Maint		$	14,032.66	$	152.53	
		Debt	92	$	76,350.21	$	829.89	
		Sub-Total		$	90,382.87	$	982.42	
	
	70' SF	Admin / Maint		$	6,711.27	$	152.53	
		Debt	44	$	43,120.00	$	980.00	
		Sub-Total		$	49,831.27	$	1,132.53	

 	
	$	7,016.33	$	152.53	
46	$ 38,175.11	$	829.89	
	$ 45,191.44	$	982.42	
	
	$	3,355.64	$	152.53	
22	$ 21,560.00	$	980.00	
	$ 24,915.64	$	1,132.53	

 	
$	24,915.64

3,355.64
$	21,560.00

$

7,016.33
$	38,175.11
$	45,191.44

$

  	 	

 	Total	 	Oasis		 136 $

20,743.93

Gross

      68 $

10,371.97

Platted On Roll

$	10,371.97

Direct Bill

$	119,470.21

$ 59,735.11

Gross

$	59,735.11 Gross

Preserve	33' Villas	Admin / Maint		$	13,727.60	$	152.53	
		Debt	90	$	38,214.57	$	424.61	
		Sub-Total		$	51,942.18	$	577.14	
	
	50' SF	Admin / Maint		$	16,778.18	$	152.53	
		Debt	110	$	74,776.60	$	679.79	
		Sub-Total		$	91,554.78	$	832.32	

 	
	$ 13,727.60	$	152.53	
90	$ 38,214.57	$	424.61	
	$ 51,942.18	$	577.14	
	
	$ 16,778.18	$	152.53	
110	$ 74,776.60	$	679.79	
	$ 91,554.78	$	832.32	

 	
$	- 
$	-

-

$

$	- 
$	-

-

$

  	 	

 	Total	 	Preserve		 200 $

30,505.79

Gross

    200 $

30,505.79

Platted On Roll	$

-	Direct Bill

$	112,991.17

$ 112,991.17

Gross

$	- Gross

 	 	

TOTAL GROSS	 1,026 $

156,494.68

Total Gross

    696 

$ 106,160.13

Total Platted On

$	50,334.55

Total Direct

$	891,134.47

$ 571,389.57

Roll Gross

$	319,744.89 Bill Gross

 	 	

TOTAL NET		 1,026 $

147,105.00

Total Net

    696 $

99,790.53

Total Platted On

$	47,314.47

Total Direct

$	837,666.40

$ 537,106.20

Roll Net

$	300,560.20 Bill Net

Assessment is calculated by the 2016 Unit 4 Special Methodology Report

ANNUAL ASSESSMENT METHODOLOGY (Table F) UNIT FOUR

RENAISSANCE SUBDIVISION

Product Type	
Number of Units	
Net M.A.D.S. Assessment Per Unit After Contribution	Gross M.A.D.S. Assessment Per Unit After Contribution*	Total Net M.A.D.S. Assessment Per Product Type After Contribution*	Total Gross M.A.D.S. Assessment Per Product Type After Contribution*	
35' Villas	224	$	637	$	678	$	142,766	$	151,879	
50' SF	273	$	939	$	999	$	256,347	$	272,710	
60' SF	193	$	1,140	$	1,213	$	220,039	$	234,084	
Totals	690			$	619,153	$	658,673	

OASIS SUBDIVISION

Product Type	

Number of Units	
Net M.A.D.S. Assessment Per Unit After Contribution	Gross M.A.D.S. Assessment Per Unit After Contribution*	Total Net M.A.D.S. Assessment Per Product Type After Contribution*	Total Gross M.A.D.S. Assessment Per Product Type After Contribution*	
60' SF	92	$	780	$	830	$	71,769	$	76,350	
70' SF	44	$	921	$	980	$	40,533	$	43,120	
Totals	136			$	112,302	$	119,470	
Note: Oasis is introducing a 50' catagorey in Phase II of contruction. The methodology will be updated in the future to reflect this. For now, based on the fact that all other 50' lots in Unit 4 are 1 ERU, and based on the calculated amount of 1 ERU for the 60' and 70', Unit 4 Debt for an Oasis 50' will be $650.08 NET and $691.58 GROSS

PRESERVE SUBDIVISION

Product Type	
Number of Units	
Net M.A.D.S. Assessment Per Unit After Contribution	Gross M.A.D.S. Assessment Per Unit After Contribution*	Total Net M.A.D.S. Assessment Per Product Type After Contribution*	Total Gross M.A.D.S. Assessment Per Product Type After Contribution*	
33' Villas	90	$	399	$	425	$	35,922	$	38,215	
50' SF	110	$	639	$	680	$	70,290	$	74,777	
Totals	200		$	106,212	$	112,991	

TOTAL PROJECT

Product Type	

Number of Units	
Net M.A.D.S. Assessment Per Unit After Contribution	Gross M.A.D.S. Assessment Per Unit After Contribution*	Total Net M.A.D.S. Assessment Per Product Type After Contribution*	Total Gross M.A.D.S. Assessment Per Product Type After Contribution*	
33' Villas	90	$	399	$	425	$	35,922	$	38,215	
35' Villas	224	$	637	$	678	$	142,766	$	151,879	
50' SF	110	$	639	$	680	$	70,290	$	74,777	
50' SF	273	$	939	$	999	$	256,347	$	272,710	
60' SF	193	$	1,140	$	1,213	$	220,039	$	234,084	
60' SF	92	$	780	$	830	$	71,769	$	76,350	
70' SF	44	$	921	$	980	$	40,533	$	43,120	
Totals	1026			$	837,666	$	891,134	

M.A.D.S. = Maximum Annual Debt Service

*Grossed up includes 1% collection fee of County Tax Collector, 1% service fee of County Property Appraiser and 4% for early payment of taxes.

ASSESSMENT RECAP UNIT SEVEN - GROSS

A	B	C	D	E	F	

Product		

Total	
Total Fiscal Year 2019/2020	
Total Fiscal Year 2020/2021
Projected	
Total Fiscal Year 2020/2021
Projected	
Type		Units	Assessment Per Unit	Assessment	Assessment Per Unit	

 	Unit 7 Master	

50' Single Family	Admin / Maint		$	-	$	225,178.58	$	118.70	
	Debt	1,897	$	-		$	1,574,510.00	$	830.00	
	Sub-Total		$	-	$	1,799,688.58	$	948.70	
	
74' Single Family	Admin / Maint		$	-	$	9,140.09	$	118.70	
	Debt	77	$	-		$	94,586.80	$	1,228.40	
	Sub-Total		$	-	$	103,726.89	$	1,347.10	
	
Coach	Admin / Maint		$	-	$	25,639.73	$	118.70	
	Debt	216	$	-		$	134,460.00	$	622.50	
	Sub-Total		$	-	$	160,099.73	$	741.20	
	
2-Story Units	Admin / Maint		$	-	$	35,135.93	$	118.70	
	Debt	296	$	-		$	135,124.00	$	456.50	
	Sub-Total		$	-	$	170,259.93	$	575.20	
	
4-Story Units	Admin / Maint		$	-	$	46,293.96	$	118.70	
	Debt	390	$	-		$	161,850.00	$	415.00	
	Sub-Total		$	-	$	208,143.96	$	533.70	
	
Total		2,876		$	341,388.30
$	2,100,530.80	
Gross	

 	Unit 7 Village B	

50 ' Single Family	Admin / Maint Debt	
111	
$	-		
$	92,130.00	
$	830.00	
	Sub-Total		$	-	$	92,130.00	$	830.00	
	
Total		111		
$	92,130.00	
Gross	

ASSESSMENT RECAP UNIT SEVEN - COLLECTION METHOD

A	B	C	D	E	F	G	H	I	J

 	TOTAL GROSS	

 	PLATTED ON ROLL GROSS	

 	DIRECT BILL GROSS	

	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year		Total Fiscal Year	Total Fiscal Year	
	2019/2020	2020/2021	2020/2021		2020/2021	2020/2021	
Product	Total		Projected	Projected	Platted	Platted	Platted	
Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	Units	Assessment	Assessment Per Unit	

 	Unit 7 Master	

50' Single Family	Admin / Maint		$	-	$	225,178.58	$	118.70	
	Debt	1,897	$	- 	$ 1,574,510.00	$	830.00	
	Sub-Total		$	-	$ 1,799,688.58	$	948.70	
	
74' Single Family	Admin / Maint		$	-	$	9,140.09	$	118.70	
	Debt	77	$	- 	$	94,586.80	$	1,228.40	
	Sub-Total		$	-	$ 103,726.89	$	1,347.10	
	
Coach	Admin / Maint		$	-	$	25,639.73	$	118.70	
	Debt	216	$	- 	$ 134,460.00	$	622.50	
	Sub-Total		$	-	$ 160,099.73	$	741.20	
	
2-Story Units	Admin / Maint		$	-	$	35,135.93	$	118.70	
	Debt	296	$	- 	$ 135,124.00	$	456.50	
	Sub-Total		$	-	$ 170,259.93	$	575.20	
	
4-Story Units	Admin / Maint		$	-	$	46,293.96	$	118.70	
	Debt	390	$	- 	$ 161,850.00	$	415.00	
	Sub-Total		$	-	$ 208,143.96	$	533.70	

		$	-	$	118.70	
0		$	- 	$	830.00	
		$	-	$	948.70	
			
		$	-	$	118.70	
0		$	- 	$	1,228.40	
		$	-	$	1,347.10	
			
		$	-	$	118.70	
0		$	- 	$	622.50	
		$	-	$	741.20	
			
		$	-	$	118.70	
0		$	- 	$	456.50	
		$	-	$	575.20	
			
		$	-	$	118.70	
0		$	- 	$	415.00	
		$	-	$	533.70	

$	225,178.58
$    1,574,510.00
$    1,799,688.58	
	
$	9,140.09
$	94,586.80
$	103,726.89	
	
$	25,639.73
$	134,460.00
$	160,099.73	
	
$	35,135.93
$	135,124.00
$	170,259.93	
	
$	46,293.96
$	161,850.00
$	208,143.96	

 	 	 	 	 	 	

TOTAL GROSS		 2,876 

$	341,388.30

Total Gross

        0		$

-	Total Platted On Roll

$	341,388.30 Total Direct Bill

  $    2,100,530.80     	

   $	- 

Gross

$ 2,100,530.80 Gross

TOTAL NET			     2,876 		$	320,905.00		
Total Net		        0			 	
$	-	Total Platted On Roll	$	320,905.00	
Total Direct Bill Net	
				  $ 1,974,498.95		 					  $	-	Net	$ 1,974,498.95		

 	Unit 7 Village B	

830.00

92,130.00 $

$

-

$

$	-          $	92,130.00      $	830.00

111

-

$

50 ' Single Family Admin / Maint
Debt
Sub-Total

0	$	-	$	830.00
$	-	$	830.00

-

$

-

$

$	92,130.00
$	92,130.00

-

$

 	 	 	 	 	 	

TOTAL GROSS		 111 

$	-	Total Gross

        0		$

-	Total Platted On Roll

$	- Total Direct Bill

  $	92,130.00      	

   $	- 

Gross

$	92,130.00 Gross

 	
TOTAL NET		 111 

$	-	Total Net

        0		$

-	Total Platted On Roll

$	- Total Direct Bill Net

  $	86,602.20      	

  $	- 

Net

$	86,602.20

ANNUAL ASSESSMENT METHODOLOGY UNIT SEVEN

Unit 7 Master Bond

Product Type	
Number of Units	
ERU Factor	
Totla ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
50' SF	1,897	1.00	1,897	$	830	$	830	
74' SF	77	1.48	114	$	830	$	1,228	
Coach	216	0.75	162	$	830	$	623	
2-Story	296	0.55	163	$	830	$	457	
4-Story	390	0.50	195	$	830	$	415	
						
Totals	2,876	.	2,531			

Unit 7 Village B

Product Type	
Number of Units	
ERU Factor	
Totla ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
50' SF	111	1.00	111	$	830	$	830	
						
Totals	111	.	111			

*Grossed up includes 1% collection fee of County Tax Collector, 1% service fee of County Property Appraiser and 4% for early payment of taxes.

ASSESSMENT COMPARISON - ALL UNITS

	All Units
Total Fiscal Year	District Proper
Total Fiscal Year	Unit 1
Total Fiscal Year	Unit 2
Total Fiscal Year	Unit 3
Total Fiscal Year	Unit 4
Total Fiscal Year	Unit 7
Total Fiscal Year	All Units
Total Fiscal Year	
Lot	Product	2019/2020	2020/2021	2020/2021	2020/2021	2020/2021	2020/2021	2020/2021	2020/2021	
		Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	
Type	Type	 Per Unit	 Per Unit	 Per Unit	Per Unit	 Per Unit	 Per Unit	 Per Unit	 Per Unit	

Island Walk	Island Walk Single
Family	Admin / Maint Debt
Sub-Total	$	86.48
$	540.30
$	626.78	$	18.13
$	- 
$	18.13	$	79.80
$	160.18
$	239.98	$	8.57
$	379.89
$	388.46	$	-
$	- 
$	-	$	-
$	- 
$	-	$	-
$	- 
$	-	$	106.50
$	540.07
$	646.57	

	Island Walk
Multi
Family	Admin / Maint
Debt
Sub-Total	$	86.44
$	538.63
$	625.07	$	18.13
$	-
$	18.13	$	79.80	$	8.53	$	-	$	-	$	-	$	106.46	
					$	160.18	$	378.22	$	- 	$	- 	$	- 	$	538.40	
					$	239.98	$	386.75	$	-	$	-	$	-	$	644.86	

Pre Lennar	2 Bdr Sam 35	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
Gran paradiso		Debt	$	1,677.61	$	- 	$	160.18	$	424.10	$	1,093.10	$	- 	$	- 	$	1,677.38	
		Sub-Total	$	1,860.57	$	18.13	$	239.98	$	433.67	$	1,189.18	$	-	$	-	$	1,880.96	

	3 Bdr Sam 70	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	2,016.63	$	- 	$	160.18	$	424.10	$	1,432.12	$	- 	$	- 	$	2,016.40	
		Sub-Total	$	2,199.59	$	18.13	$	239.98	$	433.67	$	1,528.20	$	-	$	-	$	2,219.98	

	3 Bdr Sam 80	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	2,143.56	$	- 	$	160.18	$	424.10	$	1,559.05	$	- 	$	- 	$	2,143.33	
		Sub-Total	$	2,326.52	$	18.13	$	239.98	$	433.67	$	1,655.13	$	-	$	-	$	2,346.91	

	3 Bdr Lee 45	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,811.92	$	- 	$	160.18	$	424.10	$	1,227.41	$	- 	$	- 	$	1,811.69	
		Sub-Total	$	1,994.88	$	18.13	$	239.98	$	433.67	$	1,323.49	$	-	$	-	$	2,015.27	

	3 Bdr Lee 65	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,964.98	$	- 	$	160.18	$	424.10	$	1,380.47	$	- 	$	- 	$	1,964.75	
		Sub-Total	$	2,147.94	$	18.13	$	239.98	$	433.67	$	1,476.55	$	-	$	-	$	2,168.33	

Post Lennar	35'	Admin / Maint	$	181.34	$	18.13	$	79.80	$	7.27	$	96.08	$	-	$	-	$	201.28	
Gran Paradiso		Debt	$	1,003.86	$	- 	$	160.18	$	322.17	$	521.28	$	- 	$	- 	$	1,003.63	
		Sub-Total	$	1,185.20	$	18.13	$	239.98	$	329.44	$	617.36	$	-	$	-	$	1,204.91	

	Townhome	Admin / Maint	$	181.34	$	18.13	$	79.80	$	7.27	$	96.08	$	-	$	-	$	201.28	
		Debt	$	1,003.86	$	- 	$	160.18	$	322.17	$	521.28	$	- 	$	- 	$	1,003.63	
		Sub-Total	$	1,185.20	$	18.13	$	239.98	$	329.44	$	617.36	$	-	$	-	$	1,204.91	

	Coach	Admin / Maint	$	181.95	$	18.13	$	79.80	$	8.15	$	96.08	$	-	$	-	$	202.16	
		Debt	$	1,149.41	$	- 	$	160.18	$	361.34	$	627.66	$	- 	$	- 	$	1,149.18	
		Sub-Total	$	1,331.36	$	18.13	$	239.98	$	369.49	$	723.74	$	-	$	-	$	1,351.34	

	45'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,212.17	$	- 	$	160.18	$	424.10	$	627.66	$	- 	$	- 	$	1,211.94	
		Sub-Total	$	1,395.13	$	18.13	$	239.98	$	433.67	$	723.74	$	-	$	-	$	1,415.52	

	52'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,318.55	$	- 	$	160.18	$	424.10	$	734.04	$	- 	$	- 	$	1,318.32	
		Sub-Total	$	1,501.51	$	18.13	$	239.98	$	433.67	$	830.12	$	-	$	-	$	1,521.90	
	
	62'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,424.93	$	- 	$	160.18	$	424.10	$	840.42	$	- 	$	- 	$	1,424.70	
		Sub-Total	$	1,607.89	$	18.13	$	239.98	$	433.67	$	936.50	$	-	$	-	$	1,628.28	

	65'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,424.93	$	- 	$	160.18	$	424.10	$	840.42	$	- 	$	- 	$	1,424.70	
		Sub-Total	$	1,607.89	$	18.13	$	239.98	$	433.67	$	936.50	$	-	$	-	$	1,628.28	

	70'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,424.93	$	- 	$	160.18	$	424.10	$	840.42	$	- 	$	- 	$	1,424.70	
		Sub-Total	$	1,607.89	$	18.13	$	239.98	$	433.67	$	936.50	$	-	$	-	$	1,628.28	

	75'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,531.32	$	- 	$	160.18	$	424.10	$	946.81	$	- 	$	- 	$	1,531.09	
		Sub-Total	$	1,714.28	$	18.13	$	239.98	$	433.67	$	1,042.89	$	-	$	-	$	1,734.67	

	80'	Admin / Maint	$	182.96	$	18.13	$	79.80	$	9.57	$	96.08	$	-	$	-	$	203.58	
		Debt	$	1,531.32	$	- 	$	160.18	$	424.10	$	946.81	$	- 	$	- 	$	1,531.09	
		Sub-Total	$	1,714.28	$	18.13	$	239.98	$	433.67	$	1,042.89	$	-	$	-	$	1,734.67	

Renaissance	35' Villa	Admin / Maint Debt
Sub-Total	$	243.19
$	838.44
$	1,081.64	$	18.13
$	- 
$	18.13	$	79.80
$	160.18
$	239.98	$	-
$	- 
$	-	$	-
$	- 
$	-	$	152.53
$	678.03
$	830.56	$	-
$	- 
$	-	$	250.46
$	838.21
$	1,088.67	

	50'	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	1,159.35	$	- 	$	160.18	$	- 	$	- 	$	998.94	$	- 	$	1,159.12	
		Sub-Total	$	1,402.54	$	18.13	$	239.98	$	-	$	-	$	1,151.47	$	-	$	1,409.58	

	60'	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	1,373.28	$	- 	$	160.18	$	- 	$	- 	$	1,212.87	$	- 	$	1,373.05	
		Sub-Total	$	1,616.48	$	18.13	$	239.98	$	-	$	-	$	1,365.40	$	-	$	1,623.51	

Oasis	60'	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	990.30	$	- 	$	160.18	$	- 	$	- 	$	829.89	$	- 	$	990.07	
		Sub-Total	$	1,233.50	$	18.13	$	239.98	$	-	$	-	$	982.42	$	-	$	1,240.53	

	70'	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	1,140.41	$	- 	$	160.18	$	- 	$	- 	$	980.00	$	- 	$	1,140.18	
		Sub-Total	$	1,383.60	$	18.13	$	239.98	$	-	$	-	$	1,132.53	$	-	$	1,390.64	

Preserve	33' Villa	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	585.02	$	- 	$	160.18	$	- 	$	- 	$	424.61	$	- 	$	584.79	
		Sub-Total	$	828.21	$	18.13	$	239.98	$	-	$	-	$	577.14	$	-	$	835.25	

	50'	Admin / Maint	$	243.19	$	18.13	$	79.80	$	-	$	-	$	152.53	$	-	$	250.46	
		Debt	$	840.20	$	- 	$	160.18	$	- 	$	- 	$	679.79	$	- 	$	839.97	
		Sub-Total	$	1,083.39	$	18.13	$	239.98	$	-	$	-	$	832.32	$	-	$	1,090.43	

U7 Master	35' Villa	Admin / Maint Debt
Sub-Total	$	-
$	- 
$	-	$	18.13
$	- 
$	18.13	$	79.80
$	160.18
$	239.98	$	-
$	- 
$	-	$	-
$	- 
$	-	$	-
$	- 
$	-	$	118.70
$	830.00
$	948.70	$	216.63
$	990.18
$	1,206.81	

	50'	Admin / Maint	$	-	$	18.13	$	79.80	$	-	$	-	$	-	$	118.70	$	216.63	
		Debt	$	- 	$	- 	$	160.18	$	- 	$	- 	$	- 	$	1,228.40	$	1,388.58	
		Sub-Total	$	-	$	18.13	$	239.98	$	-	$	-	$	-	$	1,347.10	$	1,605.21	

	60'	Admin / Maint	$	-	$	18.13	$	79.80	$	-	$	-	$	-	$	118.70	$	216.63	
		Debt	$	- 	$	- 	$	160.18	$	- 	$	- 	$	- 	$	622.50	$	782.68	
		Sub-Total	$	-	$	18.13	$	239.98	$	-	$	-	$	-	$	741.20	$	999.31	

	60'	Admin / Maint	$	-	$	18.13	$	79.80	$	-	$	-	$	-	$	118.70	$	216.63	
		Debt	$	- 	$	- 	$	160.18	$	- 	$	- 	$	- 	$	456.50	$	616.68	
		Sub-Total	$	-	$	18.13	$	239.98	$	-	$	-	$	-	$	575.20	$	833.31	

	70'	Admin / Maint	$	-	$	18.13	$	79.80	$	-	$	-	$	-	$	118.70	$	216.63	
		Debt	$	- 	$	- 	$	160.18	$	- 	$	- 	$	- 	$	415.00	$	575.18	
		Sub-Total	$	-	$	18.13	$	239.98	$	-	$	-	$	-	$	533.70	$	791.81	

U7 Village B	33' Villa	Admin / Maint	$	-	$	18.13	$	79.80	$	-	$	-	$	-	$	118.70	$	216.63	
		Debt	$	- 	$	- 	$	160.18	$	- 	$	- 	$	- 	$	1,660.00	$	1,820.18	
		Sub-Total	$	-	$	18.13	$	239.98	$	-	$	-	$	-	$	1,778.70	$	2,036.81	

Town Center	Town Center Multi
Family (3 BDR)	Admin / Maint Debt
Sub-Total	$	86.31
$	529.32
$	615.63	$	18.13
$	- 
$	18.13	$	79.80
$	160.18
$	239.98	$	8.32
$	368.91
$	377.23	$	-
$	- 
$	-	$	-
$	- 
$	-	$	-
$	- 
$	-	$	106.25
$	529.09
$	635.34	

	Town Center	Admin / Maint	$	85.68	$	18.13	$	79.80	$	7.44	$	-	$	-	$	-	$	105.37	
	Multi	Debt	$	490.15	$	- 	$	160.18	$	329.74	$	- 	$	- 	$	- 	$	489.92	
	Family (2 BDR)	Sub-Total	$	575.83	$	18.13	$	239.98	$	337.18	$	-	$	-	$	-	$	595.29	

	Town Center	Admin / Maint	$	286.26	$	18.13	$	79.80	$	290.18	$	-	$	-	$	-	$	388.11	
		Debt	$	13,023.88	$	- 	$	160.18	$	12,863.47	$	- 	$	- 	$	- 	$	13,023.65	
		Sub-Total	$	13,310.14	$	18.13	$	239.98	$	13,153.65	$	-	$	-	$	-	$	13,411.76	

Undeveloped	Per Half Acre	Admin / Maint	$	80.40	$	18.13	$	79.80	$	-	$	-	$	-	$	-	$	97.93	
Land In Unit 1	or Less	Debt	$	160.41	$	- 	$	160.18	$	- 	$	- 	$	- 	$	- 	$	160.18	
Only		Sub-Total	$	240.81	$	18.13	$	239.98	$	-	$	-	$	-	$	-	$	258.11	
	
Undeveloped	Per Half Acre	Admin / Maint	$	80.40	$	18.13	$	79.80	$	-	$	-	$	-	$	-	$	97.93	
Land In Unit 2	or Less	Debt	$	160.41	$	- 	$	160.18	$	- 	$	- 	$	- 	$	- 	$	160.18	
(not in Unit 3)		Sub-Total	$	240.81	$	18.13	$	239.98	$	-	$	-	$	-	$	-	$	258.11	
	
Undeveloped	Per Half Acre	Admin / Maint	$	80.40	$	18.13	$	79.80	$	-	$	-	$	-	$	-	$	97.93	
Land In Unit 3	or Less	Debt	$	160.41	$	- 	$	160.18	$	- 	$	- 	$	- 	$	- 	$	160.18	
		Sub-Total	$	240.81	$	18.13	$	239.98	$	-	$	-	$	-	$	-	$	258.11	
	
Undeveloped	Per Half Acre	Admin / Maint	$	80.40	$	18.13	$	79.80	$	-	$	-	$	-	$	-	$	97.93	
Land In Unit 4	or Less	Debt	$	160.41	$	- 	$	160.18	$	- 	$	- 	$	- 	$	- 	$	160.18	
		Sub-Total	$	240.81	$	18.13	$	239.98	$	-	$	-	$	-	$	-	$	258.11	
Admin / Maint Assessment Includes 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Assessment Comparison Totals

	All Units	All Units	
Lot	Product	Fiscal Year 2019/2020	Fiscal Year 2020/2021	
Type	Type	Assessment Totals	Assessment Totals	

Island Walk	Island Walk Single Family	$626.78	$646.57	
	
	Island Walk Multi Family	$625.07	$644.86	

Pre Lennar	2 Bdr Sam 35	$1,860.57	$1,880.96	
Gran Paradiso	
	3 Bdr Sam 70	$2,199.59	$2,219.98	
	
	3 Bdr Sam 80	$2,326.52	$2,346.91	
	
	3 Bdr Lee 45	$1,994.88	$2,015.27	
	
	3 Bdr Lee 65	$2,147.94	$2,168.33	

Post Lennar	35'	$1,185.20	$1,204.91	
Gran Paradiso	
	Townhome	$1,185.20	$1,204.91	
	
	Coach	$1,331.36	$1,351.34	
	
	45'	$1,395.13	$1,415.52	
	
	52'	$1,501.51	$1,521.90	
	
	62'	$1,607.89	$1,628.28	
	
	65'	$1,607.89	$1,628.28	
	
	70'	$1,607.89	$1,628.28	
	
	75'	$1,714.28	$1,734.67	
	
	80'	$1,714.28	$1,734.67	

Renaissance	35' Villa	$1,081.64	$1,088.67	
	
	50' SF	$1,402.54	$1,409.58	
	
	60' SF	$1,616.48	$1,623.51	
	
Oasis	60' SF	$1,233.50	$1,240.53	
	
	70' SF	$1,383.60	$1,390.64	
	
Preserve	33' Villia	$828.21	$835.25	
	
	50' SF	$1,083.39	$1,090.43	

U7 Master	50' SF	$0.00	$1,206.81	
	
	74' SF	$0.00	$1,605.21	
	
	Coach	$0.00	$999.31	
	
	2-Story	$0.00	$833.31	
	
	4-Story	$0.00	$791.81	
	
U7 Village B	50' SF	$0.00	$2,036.81	

Town Center	Town Center Multi Family (3 BDR)	$615.63	$635.34	
	
	Town Center Multi Family (2 BDR)	$575.83	$595.29	
	
	Town Center	$13,310.14	$13,411.76	

Undeveloped Land In Unit 1 Only	Per Half Acre
or Less	$240.81	$258.11	

Undeveloped Land In Unit 2 (not in Unit 3)	Per Half Acre
or Less	$240.81	$258.11	

Undeveloped Land In Unit 3	Per Half Acre
or Less	$240.81	$258.11	

Undeveloped Land In Unit 4	Per Half Acre
or Less	$240.81	$258.11