West Villages	
Improvement District	

Proposed Budget For	
Fiscal Year 2021/2022	
October 1, 2021 - September 30, 2022	

Prepared by	

Table of Contents	
1	Proposed Budget - Recap By Unit	
2	Proposed Infrastructure Maintenance Breakdown	
3	Proposed Budget - District Proper	
4	Proposed Budget - Unit 1	
5	Proposed Budget - Unit 2	
6	Proposed Budget - Unit 3	
7	Proposed Budget - Unit 4	
8	Proposed Budget - Unit 5	
9	Proposed Budget - Unit 7	
10	Proposed Budget - Unit 8	
11	Budget Comparison	
12	Proposed Debt Service Fund Budget - Unit 1	
13	Proposed Debt Service Fund Budget - Unit 2	
14	Proposed Debt Service Fund Budget - Unit 3	
15	Proposed Debt Service Fund Budget - Unit 4	
16	Proposed Debt Service Fund Budget - Unit 5	
17	Proposed Debt Service Fund Budget - Unit 7	
18	Proposed Debt Service Fund Budget - Unit 8	
19	Assessment Recap - District Proper	
20	Assessment Recap - Unit 1	
21	Assessment Recap - Unit 2 Total Gross	
22	Assessment Recap - Unit 2 Collection Method	
23	Assessment Recap - Unit 3 Total Gross	
24	Assessment Recap - Unit 3 Collection Method	
25	Assessment Recap - Unit 4 Total Gross	
26	Assessment Recap - Unit 4 Collection Method	
27	Assessment Recap - Unit 7 Total Gross	
28	Assessment Recap - Unit 7 Collection Method	
29	Assessment Recap - Unit 8 Total Gross	
30	Assessment Recap - Unit 8 Collection Method	
31	Assessments - Islandwalk	
32	Assessments - Gran Paradiso	
33	Assessments - Renaissance, Oasis, Preserve	
34	Assessments - Unit 7 Villages	
35	Assessments - Unit 8 Villages	
36	Assessments - Town Center & Other	
Appendix	
A-1	Debt Assessment Methodology - Unit 1	
A-2	Debt Assessment Methodology - Unit 2	
A-3	Debt Assessment Methodology - Unit 3	
A-4	Debt Assessment Methodology - Unit 4	
A-5	Debt Assessment Methodology - Unit 7	
A-6	Debt Assessment Methodology - Unit 8	

TOC-1

 Recap By Unit		
District Proper	Unit 1	Unit 2	Unit 3	Unit 4	Unit 5	Unit 7	Unit 8	Total	

 REVENUES		
O & M Assessments		367,086		1,235,910		55,364		175,544		79,668		0		0		0	1,913,572	
O & M Direct Bill		0		0		1,813		6,593		22,867		62,755		532,105		126,405	752,538	
Debt Assessments		0		2,524,688		2,671,239		1,295,594		636,699		0		0		0	7,128,219	
Debt Direct Bill		0		0		90,241		48,170		239,170		3,625,720		2,506,985		725,308	7,235,594	
Interest / Other Income		1,000		90,000		0		0		0		0		0		0	91,000	
Developer Funding		0		0		0		0		0		0		0		0	0	
 Carry Over Funds From Prior Year			0		0		0		0		0		0		0		0	 	0	
 Total Revenues		  $		368,086  	  $		3,850,597  	  $		2,818,656  	  $		1,525,902  	  $		978,403  	  $		3,688,475  	  $		3,039,090  	  $		851,713  	  $   17,120,923  	

 EXPENDITURES		
Infrastructure Maintenance		0		1,158,250		0		102,000		40,650		8,000		455,950		60,250	1,825,100	
GIS Project		40,000		0		0		0		0		0		0		0	40,000	
Engineering		40,000		20,000		2,000		13,000		2,500		2,500		10,000		2,000	92,000	
Management		60,586		12,005		12,005		12,005		12,005		12,005		12,005		12,005	144,621	
Operations Administration		31,300		33,300		15,650		17,650		17,650		17,650		17,650		15,650	166,500	
Legal		70,000		15,000		10,000		15,000		13,000		10,000		15,000		15,000	163,000	
Assessment Roll		7,500		1,500		1,500		1,500		1,500		0		1,500		1,500	16,500	
Audit Fees		6,000		3,000		3,000		3,000		3,000		3,000		3,000		3,000	27,000	
Arbitrage Rebate Fee		0		1,500		1,500		1,500		1,500		0		1,500		1,500	9,000	
Rents & Leases		15,000		0		0		0		0		0		0		0	15,000	
Insurance		45,000		0		0		0		0		0		0		0	45,000	
Legal Advertising		15,000		0		0		0		0		0		0		0	15,000	
Miscellaneous		3,175		1,700		1,700		1,700		1,700		2,500		10,000		10,000	32,475	
Postage		3,000		0		0		0		0		0		0		0	3,000	
Office Supplies		8,000		0		0		0		0		0		0		0	8,000	
Trustee Fees		0		5,000		5,000		3,750		3,750		5,600		5,000		5,000	33,100	
Website		1,500		0		0		0		0		0		0		0	1,500	
 Continuing Disclosure Fee			0		500		1,500		500		500		1,500		500		500	 	5,500	
 Total Expenditures		  $		346,061  	  $		1,251,755  	   $		53,855  	  $		171,605  	   $		97,755  	   $		62,755  	  $		532,105  	  $		126,405  	  $	2,642,296  	

 EXCESS / (SHORTFALL)	$	22,025       $	2,598,842       $	2,764,801       $	1,354,297       $	880,648       $	3,625,720       $	2,506,985       $	725,308       $ 14,478,628  

Payment to Trustee (Unit 1)	
Payment to Trustee (Unit 2)	
Payment to Trustee (Unit 3)	
Payment to Trustee (Unit 4)	
Payment to Trustee (Unit 5)	
Payment to Trustee (Unit 7)	
Payment to Trustee (Unit 8)	

0	
0	
0	
0	
0	
0	
0	

(2,373,206)	
0	
0	
0	
0	
0	
0	

0	
(2,601,205)	
0	
0	
0	
0	
0	

0	
0	
(1,266,029)	
0	
0	
0	
0	

0	
0	
0	
(837,666)	
0	
0	
0	

0	
0	
0	
0	
(3,625,720)	
0	
0	

0	
0	
0	
0	
0	
(2,506,985)	
0	

0	
0	
0	
0	
0	
0	
(725,308)	

(2,373,206)	
(2,601,205)	
(1,266,029)	
(837,666)	
(3,625,720)	
(2,506,985)	
(725,308)	

 BALANCE	$	22,025       $	225,636       $	163,596       $	88,268       $	42,982       $	-	$	-	$	-	$	542,507  

County Appraiser & Tax Collector Fee	
Discounts For Early Payments	

(7,342)	
(14,683)	

(75,212)	
(150,424)	

(54,532)	
(109,064)	

(29,423)	
(58,846)	

(14,327)	
(28,655)	

-	
-	

-	
-	

-	
-	

(180,836)	
(361,672)	

 NET EXCESS / (SHORTFALL)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	

Page 1

 Infrastructure Maintenance Breakdown		
District Proper	
Unit 1	
Unit 2	
Unit 3	
Unit 4	
Unit 5	
Unit 7	
Unit 8	Total	

 MAINTENANCE EXPENDITURE	

Lake / Littoral Maintenance	
Mitigation Maintenance	
Road Maintenance / Resurface	
Landscaping	
Security Services	
Street Lighting	
Canal Maintenance / Repayment	
Miscellaneous Maintenance/Repairs	

0	
0	
0	
0	
0	
0	
0	
0	

50,000	
2,250	
248,000	
660,000	
21,000	
100,500	
73,500	
3,000	

0	
0	
0	
0	
0	
0	
0	
0	

0	
0	
102,000	
0	
0	
0	
0	
0	

38,400	
2,250	
0	
0	
0	
0	
0	
0	

8,000	
0	
0	
0	
0	
0	
0	
0	

20,700	
2,250	
0	
322,000	
0	
111,000	
0	
0	

3,000	
2,250	
0	
31,000	
0	
24,000	
0	
0	

120,100	
9,000	
350,000	
1,013,000	
21,000	
235,500	
73,500	
3,000	

 Total Maintenance Expenditure	$	-	$	1,158,250       $	-	$	102,000       $	40,650       $	8,000       $	455,950       $	60,250       $	1,825,100  

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 2022/2023

Page 2

 District Proper	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	418,150	367,086	
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	$	419,150	$	368,086	

EXPENDITURES	
GIS Project	100,000	40,000	
Engineering	40,000	40,000	
Management	60,586	60,586	
Operations Administration	31,300	31,300	
Legal	70,000	70,000	
Assessment Roll	7,500	7,500	
Annual Audit	6,000	6,000	
Arbitrage Rebate Fee	0	0	
Rents & Leases	15,000	15,000	
Insurance	35,000	45,000	
Legal Advertising	15,000	15,000	
Miscellaneous	3,175	3,175	
Postage	1,000	3,000	
Office Supplies	8,000	8,000	
Trustee Fees	0	0	
Continuing Disclosure Fee	0	0	
Website	1,500	1,500	
Contingency / Prev Shortfall	0	0	

Total Expenditures	$	394,061	$	346,061	

EXCESS / (SHORTFALL)	$	25,089	$	22,025	
Payment to Trustee	-	-

BALANCE	$	25,089	$	22,025	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(8,363)	
(16,726)	

(7,342)	
(14,683)	

NET EXCESS / (SHORTFALL)	$	-	$	-	

* Fund Balance as of 3-31-2021	=	$700,743	

 Unit 1	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	1,257,718	1,235,910	
O & M Direct Bill	0	0	
Debt Assessments	2,524,395	2,524,688	
Debt Direct Bill	0	0	
Developer Contribution	0	0	
Other Revenues / Carryover	0	90,000	

Total Revenues	$	3,782,113	$	3,850,597	

 EXPENDITURES		
Infrastructure Maintenance	1,097,000	1,158,250	
Engineering	15,000	20,000	
Management	12,005	12,005	
Operations Administration	31,300	33,300	
Legal	15,000	15,000	
Assessment Roll	1,500	1,500	
Audit Fees	3,000	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	5,000	
Continuing Disclosure Fee	500	500	
Website	0	0	
Continuing / Prev Shortfall	0	0	

Total Expenditures	$	1,182,255	$	1,251,755	

EXCESS / (SHORTFALL)	$	2,599,858	$	2,598,842	
Payment to Trustee	(2,372,931)	(2,373,206)

BALANCE	$	226,927	$	225,636	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(75,642)	
(151,285)	

(75,212)	
(150,424)	

NET EXCESS / (SHORTFALL)	$	-	$	-	
As of 3/31/21	
Fund Balance Net of Road Resurfacing Acct:	$869,065	
Road Resurfacing Account Balance:	$457,807	
Total Fund Balance, including Road Acct	$1,326,872	

 Unit 2	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	60,504	55,364	
O & M Direct Bill	1,982	1,813	
Debt Assessments	2,671,239	2,671,239	
Debt Direct Bill	90,241	90,241	
Developer Contribution	0	0	
Other Revenues	0	0	
Carry Over Funds from Prior Year	0	0	

 Total Revenues		$	2,823,965	$	2,818,656	

EXPENDITURES	
Infrastructure Maintenance	0	0	
Engineering	2,000	2,000	
Management	12,005	12,005	
Operations Administration	15,650	15,650	
Legal	15,000	10,000	
Assessment Roll	1,500	1,500	
Audit Fees	3,000	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	1,500	1,500	
Website	0	0	
Contingency / Prev Shortfall	0	0	

 Total Expenditures		$	58,855	$	53,855	

 EXCESS / (SHORTFALL)		$	2,765,110	$	2,764,801	
Payment to Trustee	(2,601,205)	(2,601,205)

 BALANCE		$	163,905	$	163,596	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(54,635)	
(109,270)	

(54,532)	
(109,064)	

 NET EXCESS / (SHORTFALL)		$	-	$	-	

* Fund Balance as of 3-31-2021	=	$232,175	

 Unit 3	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	175,544	175,544	
O & M Direct Bill	6,593	6,593	
Debt Assessments	1,295,594	1,295,594	
Debt Direct Bill	48,170	48,170	
Developer Contribution	0	0	
Other Revenues	0	0	
Carry Over Funds from Prior Year	0	0	

 Total Revenues		$	1,525,902	$	1,525,902	

EXPENDITURES	
Infrastructure Maintenance	102,000	102,000	
Engineering	15,000	13,000	
Management	12,005	12,005	
Operations Administration	15,650	17,650	
Legal	15,000	15,000	
Assessment Roll	1,500	1,500	
Audit Fees	3,000	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		$	171,605	$	171,605	

 EXCESS / (SHORTFALL)		$	1,354,297	$	1,354,297	
Payment to Trustee	(1,266,029)	(1,266,029)

 BALANCE		$	88,268	$	88,268	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(29,423)	
(58,846)	

(29,423)	
(58,846)	

 NET EXCESS / (SHORTFALL)		$	-	$	-	
As of 3/31/21		
Fund Balance Net of Road Resurfacing Acct:	$565,368	
Road Resurfacing Account Balance:	$387,266	
Total Fund Balance, including Road Acct:	$952,634	

 Unit 4	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	119,888	79,668	
O & M Direct Bill	34,411	22,867	
Debt Assessments	636,699	636,699	
Debt Direct Bill	239,170	239,170	
Developer Contribution	0	0	
Other Revenues	0	0	
Carry Over Funds from Prior Year	0	0	

 Total Revenues		$	1,030,167	$	978,403	

EXPENDITURES	
Infrastructure Maintenance	90,000	40,650	
Engineering	2,500	2,500	
Management	12,005	12,005	
Operations Administration	15,650	17,650	
Legal	15,000	13,000	
Assessment Roll	1,500	1,500	
Audit Fees	3,000	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		$	147,105	$	97,755	

 EXCESS / (SHORTFALL)		$	883,062	$	880,648	
Payment to Trustee	(837,666)	(837,666)

 BALANCE		$	45,395	$	42,982	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(15,132)	
(30,263)	

(14,327)	
(28,655)	

 NET EXCESS / (SHORTFALL)		$	-	$	-	

* Fund Balance as of 3-31-2021	=	$271,799	

 Unit 5	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	0	0	
O & M Direct Bill	73,755	62,755	
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		$	3,699,475	$	3,688,475	

EXPENDITURES	
Infrastructure Maintenance	16,000	8,000	
Engineering	2,500	2,500	
Management	12,005	12,005	
Operations Administration	15,650	17,650	
Legal	15,000	10,000	
Assessment Roll	0	0	
Audit Fees	3,000	3,000	
Arbitrage Rebate Fee	0	0	
Rents & Leases	0	0	
Insurance	0	0	
Legal Advertising	0	0	
Miscellaneous	2,500	2,500	
Postage	0	0	
Office Supplies	0	0	
Trustee Fees	5,600	5,600	
Continuing Disclosure Fee	1,500	1,500	
Website	0	0	
Contingency / Prev Shortfall	0	0	

 Total Expenditures		$	73,755	$	62,755	

 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 3-31-2021	=	$290,230	

 Unit 7	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	0	0	
O & M Direct Bill	320,905	532,105	
Debt Assessments	0	0	
Debt Direct Bill	2,061,101	2,506,985	
Developer Contribution	0	0	
Other Revenues	0	0	
Carry Over Funds from Prior Year	0	0	

 Total Revenues		$	2,382,006	$	3,039,090	

EXPENDITURES	
Infrastructure Maintenance	256,000	455,950	
Engineering	2,000	10,000	
Management	12,005	12,005	
Operations Administration	15,650	17,650	
Legal	15,000	15,000	
Assessment Roll	1,500	1,500	
Audit Fees	3,000	3,000	
Arbitrage Rebate Fee	1,500	1,500	
Rents & Leases	0	0	
Insurance	0	0	
Legal Advertising	0	0	
Miscellaneous	10,000	10,000	
Postage	0	0	
Office Supplies	0	0	
Trustee Fees	3,750	5,000	
Continuing Disclosure Fee	500	500	
Website	0	0	
Contingency / Prev Shortfall	0	0	

 Total Expenditures		$	320,905	$	532,105	

 EXCESS / (SHORTFALL)		$	2,061,101	$	2,506,985	
Payment to Trustee	(2,061,101)	(2,506,985)

 BALANCE		$	-	$	-	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

-	
-	

-	
-	

 NET EXCESS / (SHORTFALL)		$	-	$	-	

* Fund Balance as of 3-31-2021	=	($96,403)	

 Unit 8	

Fiscal Year	Fiscal Year	
2020/2021	2021/2022	
Annual Budget	Annual Budget	

 REVENUES		
O & M Assessments	0	0	
O & M Direct Bill	0	126,405	
Debt Assessments	0	0	
Debt Direct Bill	0	725,308	
Developer Contribution	0	0	
Other Revenues	0	0	
Carry Over Funds from Prior Year	0	0	

 Total Revenues		$	2,382,006	$	851,713	

EXPENDITURES	
Infrastructure Maintenance	0	60,250	
Engineering	0	2,000	
Management	0	12,005	
Operations Administration	0	15,650	
Legal	0	15,000	
Assessment Roll	0	1,500	
Audit Fees	0	3,000	
Arbitrage Rebate Fee	0	1,500	
Rents & Leases	0	0	
Insurance	0	0	
Legal Advertising	0	0	
Miscellaneous	0	10,000	
Postage	0	0	
Office Supplies	0	0	
Trustee Fees	0	5,000	
Continuing Disclosure Fee	0	500	
Website	0	0	
Contingency / Prev Shortfall	0	0	

 Total Expenditures		$	320,905	$	126,405	

 EXCESS / (SHORTFALL)		$	2,061,101	$	725,308	
Payment to Trustee	-	(725,308)

 BALANCE		$	-	$	-	

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

-	
-	

-	
-	

 NET EXCESS / (SHORTFALL)		$	-	$	-	

* Fund Balance as of 3-31-2021	=	$0	

Budget Comparison			
Fiscal Year	Fiscal Year	Fiscal Year	
2019/2020	2020/2021	2021/2022	
Actual	Annual Budget	Annual Budget	

REVENUES	
O & M Assessments	1,654,391	2,031,804	1,913,572	
O & M Direct Bill	114,724	437,645	752,538	
Debt Assessments	5,704,152	7,127,927	7,128,219	
Debt Direct Bill	108,022	6,064,402	7,235,594	
Interest / Other Income	2,084,275	1,000	91,000	
Bond Prepayments	115,935	0	0	
Bond Prepayments Sent to Trustee	(115,935)	0	0	
Developer Funding	12,576,861	0	0	
Carry Over Funds from Prior Year	0	0	0	

Total Revenues

$

22,242,426	$

15,598,948	$

17,120,923

EXPENDITURES	
Infrastructure Maintenance	1,609,959	1,561,000	1,825,100	
GIS Project	0	100,000	40,000	
Engineering	124,088	79,000	92,000	
Management	132,615	132,616	144,621	
Operations Administration	92,700	140,850	166,500	
Legal	190,660	160,000	163,000	
Assessment Roll	15,000	15,000	16,500	
Audit Fees	23,973	24,000	27,000	
Arbitrage Rebate Fee	3,900	7,500	9,000	
Rents & Leases	14,400	15,000	15,000	
Insurance	35,457	35,000	45,000	
Legal Advertising	3,971	15,000	15,000	
Miscellaneous	54,579	22,475	32,475	
Postage	2,769	1,000	3,000	
Office Supplies	3,773	8,000	8,000	
Trustee Fees	32,168	25,600	33,100	
Continuing Disclosure Fee	5,500	5,000	5,500	
Website	1,500	1,500	1,500	
Contingency / Construction Cost	10,521,370	0	0	

Total Expenditures

12,868,383

2,288,541

2,642,296

EXCESS / (SHORTFALL)

$

9,374,042	$

13,310,407	$

14,478,628

Debt Payment to Trustee (All Units)	(5,508,670)	(12,764,653)	(13,936,120)

BALANCE

$

3,865,372	$

545,754	$

542,507

County Appraiser & Tax Collector Fee	
Discounts for Early Payments	

(70,765)	
(285,533)	

(183,195)	
(366,389)	

(180,836)	
(361,672)	

NET EXCESS / (SHORTFALL)

$

3,509,074	$

-

$

-

Unit 1 - Debt Service	
Fiscal Year	
2021/2022	
Annual Budget	

REVENUES	
Interest Income	0	
Debt Collections	2,373,206	
Total Revenues	$	2,373,206	

EXPENDITURES	
Principal Payments	1,155,000	
Interest Payments	1,218,206	
Miscellaneous / Extra Redemption	0	
Total Expenditures	$	2,373,206	

Excess / (Shortfall)	$	-	

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

Page 12

Unit 2 - Debt Service		
Series 2019A-1 (Performing)	
Fiscal Year	
2021/2022	
Annual Budget	

 

REVENUES	
Interest Income	0	
Net Debt Collections	1,413,099	
Total Revenues	$	1,413,099	

EXPENDITURES	
Principal Payments	610,000	
Interest Payments	791,488	
Miscellaneous / Extra Redemption	11,611	
Total Expenditures	$	1,413,099	

Excess / (Shortfall)	$	-	

Series 2019A-1 Bifurcated Bond Information (Performing)	
Original Par Amount =	$15,190,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	5.750%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	October 2019			
Maturity Date =	May 2036			

Series 2019A-2 (Non Performing)	
Fiscal Year	
2021/2022	
Annual Budget	

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

EXPENDITURES	
Principal Payments	515,000	
Interest Payments	670,306	
Miscellaneous / Extra Redemption	2,800	
Total Expenditures	$	1,188,107	

Excess / (Shortfall)	$	-	

Series 2019A-2 Bifurcated Bond Information (Non Performing)	
Original Par Amount =	$12,830,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	5.750%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	October 2019			
Maturity Date =	May 2036			

Page 13

Unit 3 - Debt Service	
Fiscal Year	
2021/2022	
Annual Budget	

 REVENUES		
Interest Income	0	
Net Debt Collections	1,266,029	
Total Revenues	$	1,266,029	

 EXPENDITURES		
Principal Payments	620,000	
Interest Payments	633,435	
Miscellaneous / Extra Redemption	12,594	
Total Expenditures	$	1,266,029	

Excess / (Shortfall)	$	-	

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

Unit 4 - Debt Service	
Fiscal Year	
2021/2022	
Annual Budget	

 REVENUES		
Interest Income	0	
Net Debt Collections	837,666	
Total Revenues	$	837,666	

 EXPENDITURES		
Principal Payments	260,000	
Interest Payments	572,725	
Miscellaneous / Extra Redemption	4,941	
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 =	4.88%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	October 2016			
Maturity Date =	November 2046			

Unit 5 - Debt Service	
Fiscal Year	
2021/2022	
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	560,000	
2017A Interest Payments	440,773	
2017B Principal Payments	1,347,805	
2017B Interest Payments	1,240,791	
Other / Extra Redemption	36,351	
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 =	3.72%	Annual Interest Payments Due =	February 1st & August 1st	
Issue Date =	December 2017			
Maturity Date =	February 2038			

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

Unit 7 - Debt Service	
Fiscal Year	
2021/2022	
Annual Budget	

 REVENUES		
Interest	0	
Net Master Debt Collections	1,974,499	
Net Village B Debt Collections	86,602	
Net Village F1 & F5 Debt Collections	445,884	
Total Revenues	$	2,506,985	

 EXPENDITURES		
2019 Master Principal Payments	515,000	
2019 Master Interest Payments	1,454,238	
2019 Village B Principal Payments	20,000	
2019 Village B Interest Payments	61,925	
2021 Village F1 & F5 Principal Payments	160,000	
2021 Village F1 & F5 Interest Payments	283,288	
Other / Extra Redemption	12,535	
Total Expenditures	$	2,506,985	

Excess / (Shortfall)	$	-	

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

Page 17

Unit 8 - Debt Service	
Fiscal Year	
2021/2022	
Annual Budget	

 REVENUES		
Interest	0	
Net Master Debt Collections	725,308	
Total Revenues	$	725,308	

 EXPENDITURES		
2021 Master Principal Payments	260,000	
2021 Master Interest Payments	461,894	

Other / Extra Redemption	3,414	
Total Expenditures	$	725,308	

Excess / (Shortfall)	$	-	

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

Page 18

 Assessment Recap - District Proper		
A	B	C	F	G	F	G	

Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Lot		2020/2021	2020/2021	2021/2022	2021/2022	
Type	Units	Assessment	Assessment Per Unit	Projected Assessment	Projected Assessment Per Unit	

Developed	Administrative	$	9,436.15	$	18.04	$	8,283.82	$	15.84	
Lots In Unit 1 Only	Debt	523	$	-	$	-	$	-	$	- 	
	Sub-Total	$	9,436.15	$	18.04	$	8,283.82	$	15.84	
	
Developed	Administrative	$	33,703.12	$	18.04	$	29,587.34	$	15.84
Lots In Unit 2	Debt	1,868	$	-	$	-	$	-	$	- 
Sub-Total	$	33,703.12	$	18.04	$	29,587.34	$	15.84	
	
Developed	Administrative	$	32,963.38	$	18.04	$	28,937.94	$	15.84
Lots In Unit 3	Debt	1,827	$	-	$	-	$	-	$	- 
Sub-Total	$	32,963.38	$	18.04	$	28,937.94	$	15.84	
	
Developed	Administrative	$	14,181.29	$	18.04	$	12,449.49	$	15.84
Lots In Unit 4	Debt	786	$	-	$	-	$	-	$	- 
Sub-Total	$	14,181.29	$	18.04	$	12,449.49	$	15.84	
	
Developed Lots	Administrative	$	-	$	18.04	0	$	15.84
In Sarasota County	Debt	0	$	-	$	-	$	-	$	- 
Sub-Total	$	-	$	18.04	$	-	$	15.84	

Undeveloped	Administrative		$	186,467.75	$	18.04	$	163,696.58	$	15.84	
Land In Unit 1	Debt	10,335	$	- 	$	- 	$	- 	$	- 	
	Sub-Total		$	186,467.75	$	18.04	$	163,696.58	$	15.84	
	
Undeveloped	Administrative		$	3,698.68
$	- 
$	3,698.68	$	18.04
$	- 
$	18.04	$	3,247.01
$	- 
$	3,247.01	$	15.84
$	- 
$	15.84	
Land In Unit 2	Debt	205					
	Sub-Total						
	
Undeveloped	Administrative		$	1,641.85
$	- 
$	1,641.85	$	18.04
$	- 
$	18.04	$	1,441.35
$	- 
$	1,441.35	$	15.84
$	- 
$	15.84	
Land In Unit 3	Debt	91					
	Sub-Total						
	
Undeveloped	Administrative		$	4,294.08
$	- 
$	4,294.08	$	18.04
$	- 
$	18.04	$	3,769.69
$	- 
$	3,769.69	$	15.84
$	- 
$	15.84	
Land In Unit 4	Debt	238					
	Sub-Total						
	
Undeveloped Land
In Sarasota County	Administrative
Debt	
7,303	$	131,763.32
$	- 	$	18.04
$	- 	$	115,672.58
$	- 	$	15.84
$	- 	
	Sub-Total		$	131,763.32	$	18.04	$	115,672.58	$	15.84	

 Total		23,176	$	418,149.64	$	367,085.81

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    	23,176.00 	assessable units in the District.	

 Assessment Recap - Unit 1		

A	
B	
C	
F	
G	
F	
G	

Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Lot		2020/2021	2020/2021	2021/2022	2021/2022	
Type	Units	Assessment	Assessment Per Unit	Projected Assessment	Projected Assessment Per Unit	

Developed	Administrative	$	41,440.59	$	79.24	$	40,722.03	$	77.86	
Lots In Unit 1 Only	Debt	523	$	83,176.37	$	159.04	$	83,186.01	$	159.06	
	Sub-Total	$	124,616.97	$	238.27	$	123,908.04	$	236.92	
	
Developed	Administrative	$	148,013.44	$	79.24	$	145,446.93	$	77.86
Lots In Unit 2	Debt	1,868	$	297,081.19	$	159.04	$	297,115.62	$	159.06
Sub-Total	$	445,094.64	$	238.27	$	442,562.55	$	236.92	
	
Developed	Administrative	$	144,764.75	$	79.24	$	142,254.57	$	77.86
Lots In Unit 3	Debt	1,827	$	290,560.67	$	159.04	$	290,594.35	$	159.06
Sub-Total	$	435,325.43	$	238.27	$	432,848.92	$	236.92	
	
Developed	Administrative	$	62,279.75	$	79.24	$	61,199.83	$	77.86
Lots In Unit 4	Debt	786	$	125,003.11	$	159.04	$	125,017.60	$	159.06
Sub-Total	$	187,282.86	$	238.27	$	186,217.43	$	236.92	

Undeveloped	Admin / Maint	$	818,907.35	$	79.24	$	804,707.71	$	77.86	
Land In Unit 1	Debt	10,335	$	1,643,647.82	$	159.04	$	1,643,838.31	$	159.06	
	Sub-Total	$	2,462,555.18	$	238.27	$	2,448,546.01	$	236.92	
	
Undeveloped	Administrative	$	16,243.45	$	79.24	$	15,961.79	$	77.86
Land In Unit 2	Debt	205	$	32,602.59	$	159.04	$	32,606.37	$	159.06
Sub-Total	$	48,846.04	$	238.27	$	48,568.16	$	236.92	
	
Undeveloped	Administrative	$	7,210.50	$	79.24	$	7,085.48	$	77.86
Land In Unit 3	Debt	91	$	14,472.37	$	159.04	$	14,474.05	$	159.06
Sub-Total	$	21,682.88	$	238.27	$	21,559.52	$	236.92	
	
Undeveloped	Administrative	$	18,858.24	$	79.24	$	18,531.25	$	77.86
Land In Unit 4	Debt	238	$	37,850.82	$	159.04	$	37,855.20	$	159.06
Sub-Total	$	56,709.06	$	238.27	$	56,386.45	$	236.92	

Total Admin / Maint	
Total Debt	

$	1,257,718.09	
$	2,524,394.96	

$	1,235,909.57	
$	2,524,687.51	

 Total		15,873	$	3,782,113.04	$	3,760,597.09  

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    	15,873.00 	assessable units in Unit 1.	

Assessment Recap - Unit 2 (Total Gross)

	

A	B	C	E	F	I	H	I

Methodology			Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Lot	Maximum	Admin / Maint Assessment		2020/2021	2021/2022	2021/2022	
Type	Percentage	Allocation	Units	Per Unit	Projected Assessment	Projected Per Unit	

2019 A-1 (Performing)

Island Walk	Admin / Maint	1,799	$	8.34	$	13,732.22	$	7.63	
Single	Debt	23.97%	13,732.22	1,796	$	379.89	$	682,282.44	$	379.89	
Family	Sub-Total	$	388.23	$	696,014.66	$	387.52	
	
Island Walk	Admin / Maint	$	8.30	$	531.90	$	7.60
Multi	Debt	0.93%	531.90	70	$	378.22	$	26,475.40	$	378.22
Family	Sub-Total	$	386.52	$	27,007.30	$	385.82	

Gran Paradiso	Admin / Maint			1,439	$	9.31	$	12,262.55	$	8.52	
Single	Debt	21.40%	12,262.55	1,426	$	424.10	$	604,766.60	$	424.10	
Family	Sub-Total				$	433.41	$	617,029.15	$	432.62	

Gran Paradiso	Admin / Maint	$	7.93	$	2,032.95	$	7.26	
Multi	Debt	3.55%	2,032.95	280	$	361.34	$	101,175.20	$	361.34	
Family (3 BDR)	Sub-Total	$	369.27	$	103,208.15	$	368.60	
	
Gran Paradiso	Admin / Maint	280	$	7.07	$	1,812.57	$	6.47
Multi	Debt	3.16%	1,812.57	275	$	322.17	$	88,596.75	$	322.17
Family (2 BDR)	Sub-Total	$	329.24	$	90,409.32	$	328.64	

Preserve	Admin / Maint	$	8.34	$	839.68	$	7.63	
Single	Debt	1.47%	839.68	110	$	-	$	-	$	- 	
Family	Sub-Total	$	8.34	$	839.68	$	7.63	
	
Preserve	Admin / Maint	$	8.30	$	683.84	$	7.60
Multi	Debt	1.19%	683.84	90	$	-	$	-	$	- 
Family	Sub-Total	$	8.30	$	683.84	$	7.60	

2019 A-2 (Non Performing)

Town Center	Admin / Maint	$	8.10	$	563.36	$	7.41	
Multi	Debt	0.98%	563.36	76	$	368.91	$	28,037.16	$	368.91	
Family (3 BDR)	Sub-Total	$	377.01	$	28,600.52	$	376.32	
	
Town Center	Admin / Maint	$	7.24	$	927.58	$	6.63
Multi	Debt	1.62%	927.58	140	$	329.74	$	46,163.60	$	329.74
Family (2 BDR)	Sub-Total	$	336.98	$	47,091.18	$	336.37	
	
Town Center	Admin / Maint	$	282.47	$	23,905.87	$	258.47
Debt	41.73%	23,905.87	92.49	$	12,863.47	$	1,189,742.34	$	12,863.47
Sub-Total	$	13,145.94	$	1,213,648.21	$	13,121.94	

$	57,292.52	
$	2,767,239.49	

Total	100.00%	$	57,292.55	4,376	$	2,823,008.49

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 21 units with pre-paid bonds.		
3 unit in Island Walk Single Family	
13 unit in the Gran Paradiso Single Family	
5 unit in the Gran Paradiso Multi Family	

Assessment Recap - Unit 2 (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	2021/2022
Projected Assessment	2021/2022
Projected Per Unit	

Island W alk	Admin / Maint	1,799	$	13,732.22	$	7.63	
Single	Debt	1,796	$	682,282.44	$	379.89	
Family	Sub-Total		$	696,014.66	$	387.52	
	
Island W alk	Admin / Maint		$	531.90	$	7.60	
Multi	Debt	70	$	26,475.40	$	378.22	
Family	Sub-Total		$	27,007.30	$	385.82	

GRAN PARADISO ON
 	ROLL GROSS	

GRAN PARADISO
  DIRECT BILL GROSS  

1,090	$	9,288.52	$	8.52	
1,077	 $ 456,755.70	$   424.10	
	$ 466,044.22	$  432.62	

Admin / Maint	1,439
Debt

1,426

$	424.10

8.52

$

$	604,766.60

12,262.55

$

$

2,974.03

$	148,010.90
$	150,984.93

432.62

$

617,029.15

$

Sub-Total

Family

Gran Paradiso Single

$	-	$	-

Gran Paradiso	Admin / Maint		$	2,032.95	$	7.26	
Multi	Debt	280	$	101,175.20	$	361.34	
Family (3 BDR)	Sub-Total		$	103,208.15	$	368.60	
	
Gran Paradiso	Admin / Maint	280	$	1,812.57	$	6.47	
Multi	Debt	275	$	88,596.75	$	322.17	
Family (2 BDR)	Sub-Total		$	90,409.32	$	328.64	

 	
	$	1,103.60	$	7.26	
152	 $   54,923.68	$     361.34	
	$   56,027.28	$    368.60	
	
585	$	3,786.98	$	6.47	
580	 $ 	186,858.60	$     322.17	
	$ 190,645.58	$    328.64	

 	
$	929.35
$	46,251.52
$	47,180.87	
	
$	(1,974.41)
 $	(98,261.85)
$	(100,236.26)	

$  14,179.10	$	1,928.97
 $ 698,537.98	$	96,000.57

Gran Paradiso Direct Bill Net
$	1,813.23
$	90,240.54

PRESERVE ON ROLL
 	GROSS	

PRESERVE DIRECT
 	BILL GROSS	

Preserve	Admin / Maint		$	839.68	$	7.63	
Single	Debt	110	 $	- 	$	- 	
Family	Sub-Total		$	839.68	$	7.63	
	
Preserve	Admin / Maint		$	683.84	$	7.60	
Multi	Debt	90	 $	- 	$	- 	
Family	Sub-Total		$	683.84	$	7.60	

110	$	839.68
 $	- 
$	839.68	$	7.63
$	- 
$	7.63	

113	$	858.60
 $	- 
$	858.60	$	7.60
$	- 
$	7.60	

$	-
 $	- 
$	-	
	
$	(174.76)
 $	- 
$	(174.76)	

$	1,698.28	$	(174.76)
 $	-	$	- 

Preserve Direct Bill Net
$	(164.27)
 $	- 

2019 A-2 (Non Performing)

TOWN CENTER ON ROLL
 	GROSS	

TOWN CENTER
  DIRECT BILL GROSS  

Town Center	Admin / Maint		$	563.36	$	7.41	
Multi	Debt	76	$	28,037.16	$	368.91	
Family (3 BDR)	Sub-Total		$	28,600.52	$	376.32	
$	-	
Town Center	Admin / Maint		$	927.58	$	6.63	
Multi	Debt	140	$	46,163.60	$	329.74	
Family (2 BDR)	Sub-Total		$	47,091.18	$	336.37	
$	-	
Town Center	Admin / Maint		$	23,905.87	$	258.47	
	Debt	92	$	1,189,742.34	$	12,863.47	
	Sub-Total		$	1,213,648.21	$	13,121.94	

	$	563.36	$	7.41	
76	 $  28,037.16	$   368.91	
	$  28,600.52	$  376.32	
	
	$	927.58	$	6.63	
140	 $  46,163.60	$   329.74	
	$  47,091.18	$  336.37	
	
	$  23,905.87	$   258.47	
92	 $1,189,742.34	$ 12,863.47	
	$1,213,648.21	$ 13,121.94	

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

$	57,292.52	$  25,396.81	$	-

$	2,767,239.49
   $	- 

Total		4,376	$	2,823,008.49  

 $1,263,943.10

 $	- 

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 21 units with pre-paid bonds.
3 unit in Island Walk Single Family
13 unit in the Gran Paradiso Single Family 5 unit in the Gran Paradiso Multi Family

Assessment Recap - Unit 3 (Total Gross)	
A	B	C	D	G	F	G	

Total Fiscal Year	
2020/2021	

Total Fiscal Year	Total Fiscal Year 2021/2022		2021/2022
Product	Total		Projected	Projected	
Category	Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	

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

 	Total	    	Pre Lennar		30	Gross	$	2,882.50	Gross	
 $	33,722.60	

Lennar		35'	Admin / Maint	179	$	96.08	$	17,198.93	$	96.08	
			Debt	175	$	521.28	$	91,224.00	$	521.28	
			Sub-Total	$	617.36	$	108,422.93	$	617.36	
		
		Townhome	Admin / Maint	420	$	96.08	$	40,355.04	$	96.08
Debt	419	$	521.28	$	218,416.32	$	521.28
Sub-Total	$	617.36	$	258,771.36	$	617.36	
		
		Coach	Admin / Maint	$	96.08	$	11,145.68	$	96.08
Debt	116	$	627.66	$	72,808.56	$	627.66
Sub-Total	$	723.74	$	83,954.24	$	723.74	
		
		45'	Admin / Maint	$	96.08	$	5,668.92	$	96.08
Debt	59	$	627.66	$	37,031.94	$	627.66
Sub-Total	$	723.74	$	42,700.86	$	723.74	
		
		52'	Admin / Maint	513	$	96.08	$	49,290.80	$	96.08
Debt	511	$	734.04	$	375,094.44	$	734.04
Sub-Total	$	830.12	$	424,385.24	$	830.12	
		
		62'	Admin / Maint	131	$	96.08	$	12,586.93	$	96.08
Debt	127	$	840.42	$	106,733.34	$	840.42
Sub-Total	$	936.50	$	119,320.27	$	936.50	
		
		65'	Admin / Maint	79	$	96.08	$	7,590.59	$	96.08
Debt	78	$	840.42	$	65,552.76	$	840.42
Sub-Total	$	936.50	$	73,143.35	$	936.50	
		
		70'	Admin / Maint	$	96.08	$	5,380.67	$	96.08
Debt	56	$	840.42	$	47,063.52	$	840.42
Sub-Total	$	936.50	$	52,444.19	$	936.50	
		
		75'	Admin / Maint	252	$	96.08	$	24,116.94	$	96.08
Debt	251	$	946.81	$	237,649.31	$	946.81
Sub-Total	$	1,042.89	$	261,766.25	$	1,042.89	
		
		80'	Admin / Maint	$	96.08	$	6,245.42	$	96.08
Debt	65	$	946.81	$	61,542.65	$	946.81
Sub-Total	$	1,042.89	$	67,788.07	$	1,042.89	

 	Total	    	Lennar		1,870	Gross	$	179,579.92	Gross	
$  1,313,116.84	

 TOTAL GROSS

  1,900   Total Gross

$	182,558.51
Total Gross
$  1,346,839.44

 TOTAL NET	

  1,900   Total Net

$	171,605.00
Total Net
$  1,266,029.07

Assessment is calculated by the 2014 Revised Unit 3 Special Methodology Report Revised Methodology Report Tables 2 & 3 Attached
 There are 18 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
52', 4 unit are SF 62', 1 unit is a SF 65', 1 unit is a SF 75', 4 unit is a SF 35', and 1 unit is a Townhome	

 Assessment Recap - Unit 3 (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	Fiscal Year	Fiscal Year	
			2021/2022	2021/2022		2021/2022	2021/2022	
	Product	Total	Projected	Projected	Platted	Platted Total	Platted Per Unit	
Category	Type	Units	Assessment	Assessment Per Unit	Units	Assessments	Assessments	

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	

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	

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

 	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	175	 $		91,224.00	$	521.28	
			Sub-Total		$   108,422.93	$	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	513	$	49,290.80	$	96.08	
			Debt	511	 $   375,094.44	$	734.04	
			Sub-Total		$   424,385.24	$	830.12	
		
		62'	Admin / Maint	131	$	12,586.93	$	96.08	
			Debt	127	 $   106,733.34	$	840.42	
			Sub-Total		$   119,320.27	$	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	252	$	24,213.02	$	96.08	
			Debt	251	 $   237,649.31	$	946.81	
			Sub-Total		$   261,862.33	$	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	
329	 $  171,501.12	$	521.28	
	$  203,496.90	$	617.36	
	
252	$	24,213.02	$	96.08	
251	 $  130,841.28	$	521.28	
	$  155,054.30	$	617.36	
	
$	14,604.68	$	96.08
152	$	95,404.32	$	627.66
$  110,009.00	$	723.74	
	
$	5,668.92	$	96.08
59	$	37,031.94	$	627.66
$	42,700.86	$	723.74	
	
337	$	32,380.11	$	96.08	
335	 $  245,903.40	$	734.04	
	$  278,283.51	$	830.12	
	
289	$	27,768.11	$	96.08	
285	 $  239,519.70	$	840.42	
	$  267,287.81	$	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	
	
201	$	19,312.77	$	96.08	
200	 $  189,362.00	$	946.81	
	$  208,674.77	$	1,042.89	
	
$	6,245.42	$	96.08
65	$	61,542.65	$	946.81
$	67,788.07	$	1,042.89	

$	(14,796.85)	
$	(80,277.12)	
$	(95,073.97)
$	16,142.02
 $	87,575.04
$	103,717.06
$	(3,459.00)
$	(22,595.76)
$	(26,054.76)
$	-
 $	- 
$	-
$	16,910.68
 $	129,191.04
$	146,101.72
$	(15,181.18)
$   (132,786.36)
$   (147,967.54)
$	2,498.17
 $	21,850.92
$	24,349.09
$	-
 $	- 
$	-
$	4,900.25
 $	48,287.31
$	53,187.56
$	-
 $	- 
$	-	

 	Total		 	Lennar		   1,870  	$   179,676.01	Gross	   1,797  	$  172,661.92	Platted On Roll	$	7,014.09 Direct Bill	
 $ 1,313,116.84	 $ 1,261,871.77	Gross	 $	51,245.07 Gross	

 TOTAL GROSS	  1,900 	$	182,558.51	Total Gross	  1,827 	$  175,544.42	Total Platted On	$	7,014.09 Total Direct	
$ 1,346,839.44	 $ 1,295,594.37	Roll Gross	 $	51,245.07 Bill Gross	

 TOTAL NET 	  1,900 	$	171,605.00	Total Net	$  165,011.76	Total Platted On	$	6,593.24 Total Direct	
$ 1,266,029.07	$ 1,217,858.71	Roll Net	$	48,170.37 Bill Net	

Assessment is calculated by the 2014 Revised Unit 3 Special Methodology Report Revised Methodology Report Tables 2 & 3 Attached
 There are 18 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 52', 4 unit are SF 62', 1 unit is a SF 65', 1 unit is a SF 75', 4 unit is a SF 35', and 1 unit is a Townhome	

 Assessment Recap - Unit 4 (Total Gross)		
A	B	C	D	G	F	G	

Total Fiscal Year	
2020/2021	

Total Fiscal Year	Total Fiscal Year 2021/2022		2021/2022
Product	Total	Projected	Projected	
Subdivision	Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	

Renaissance		35' Villas	Admin / Maint	$	152.53	$	22,704.49	$	101.36	
			Debt	224	$	678.03	$	151,879.15	$	678.03	
			Sub-Total	$	830.56	$	174,583.64	$	779.39	
		
		50' SF	Admin / Maint	273	$	152.53	$	27,671.10	$	101.36
Debt	272        $	998.94	$	272,709.57	$	998.94
Sub-Total	$	1,151.47	$	300,380.67	$	1,100.30	
		
		60' SF	Admin / Maint	$	152.53	$	19,562.35	$	101.36
Debt	193	$	1,212.87	$	234,084.36	$	1,212.87
Sub-Total	$	1,365.40	$	253,646.71	$	1,314.23	

Total	 	Renaissance		690	Gross	$	69,937.94	Gross	
	$	658,673.09	

Oasis		60' SF	Admin / Maint	$	152.53	$	9,325.06	$	101.36	
			Debt	92	$	829.89	$	76,350.21	$	829.89	
			Sub-Total	$	982.42	$	85,675.27	$	931.25	
		
		70' SF	Admin / Maint	$	152.53	$	4,459.81	$	101.36
Debt	44	$	980.00	$	43,120.00	$	980.00
Sub-Total	$	1,132.53	$	47,579.81	$	1,081.36	

Total	 	Oasis		136	Gross	$	13,784.87	Gross	
	$	119,470.21	

Preserve		33' Villas	Admin / Maint	$	152.53	$	9,122.34	$	101.36	
			Debt	90	$	424.61	$	38,214.57	$	424.61	
			Sub-Total	$	577.14	$	47,336.91	$	525.97	
		
		50' SF	Admin / Maint	$	152.53	$	11,149.53	$	101.36
Debt	110	$	679.79	$	74,776.60	$	679.79
Sub-Total	$	832.32	$	85,926.12	$	781.15	

Total	 	Preserve		200	Gross	$	20,271.87	Gross	
	$	112,991.17	

TOTAL GROSS	1,026        Total Gross	$	103,994.68	Total Gross	
$	891,134.47	

TOTAL NET	  1,026        Total Net	$	97,755.00	Total Net	
	$	837,666.40	

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

 There is 1 unit with pre-paid bonds.		
1 unit is a Renaissance 50'	

	

 Assessment Recap - Unit 4 (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	Fiscal Year	Fiscal Year	
			2021/2022	2021/2022		2021/2022	2021/2022	
	Product	Total	Projected	Projected	Platted	Platted Total	Platted Per Unit	
Subdivision	Type	Units	Assessment	Assessment Per Unit	Units	Assessments	Assessments	

Renaissance		35' Villas	Admin / Maint	$	22,704.49	$	101.36
$	678.03	
			Debt	224	$	151,879.15		
			Sub-Total	$	174,583.64	$	779.39	
		
		50' SF	Admin / Maint	273	$	27,671.10
Debt	272	$	272,709.57
Sub-Total	$	300,380.67	$	101.36
$	998.94	
			$	1,100.30	
		
		60' SF	Admin / Maint	$	19,562.35
Debt	193	$	234,084.36
Sub-Total	$	253,646.71	$	101.36
$	1,212.87	
			$	1,314.23	

	$     15,406.62	$	101.36	
152	$ 103,060.85	$	678.03	
	$ 118,467.47	$	779.39	
	
183	$     18,548.76	$	101.36	
182	$ 181,806.38	$	998.94	
	$ 200,355.14	$	1,100.30	
	
	$	9,426.42	$	101.36	
93	$ 112,797.13	$	1,212.87	
	$ 122,223.55	$	1,314.23	

$	7,297.87	
 $	48,818.30	
$	56,116.17

$	9,122.34
 $	90,903.19
$	100,025.53

$	10,135.93
 $	121,287.23
$	131,423.17	

 	Total		    Renaissance 	    690 	$	69,937.94	Gross	    428 	$    43,381.80	Platted On Roll	$	26,556.15 Direct Bill	
$	658,673.09	$ 397,664.36	Gross	 $	261,008.72 Gross	

Oasis		60' SF	Admin / Maint	$	9,325.06	$	101.36
$	829.89	
			Debt	92	$	76,350.21		
			Sub-Total	$	85,675.27	$	931.25	
		
		50' SF	Admin / Maint	$	-
Debt	0	$	-
Sub-Total	$	-	$	101.36
$	691.58	
			$	792.94	
		
		70' SF	Admin / Maint	$	4,459.81
Debt	44	$	43,120.00
Sub-Total	$	47,579.81	$	101.36
$	980.00	
			$	1,081.36	

$	7,703.31	$	101.36	
76	$    63,071.91	$	829.89	
$    70,775.22	$	931.25	
	
	$	1,621.75	$	101.36	
16	$    11,065.28	$	691.58	
	$    12,687.03	$	792.94	
	
	$	4,358.45	$	101.36	
43	$    42,140.00	$	980.00	
	$    46,498.45	$	1,081.36	

$	1,621.75	
 $	13,278.30	
$	14,900.05

$	(1,621.75)
 $	(11,065.28)
$	(12,687.03)

$	101.36
 $	980.00
$	1,081.36	

 	Total		 	Oasis		    136 	$	13,784.87	Gross	    119 	$    13,683.51	Platted On Roll	$	101.36 Direct Bill	
$	119,470.21	$ 116,277.19	Gross	 $	3,193.02 Gross	

Preserve		33' Villas	Admin / Maint	$	9,122.34	$	101.36
$	424.61	
			Debt	90	$	38,214.57		
			Sub-Total	$	47,336.91	$	525.97	
		
		50' SF	Admin / Maint	$	11,149.53
Debt	110	$	74,776.60
Sub-Total	$	85,926.12	$	101.36
$	679.79	
			$	781.15	

$     11,453.61	$	101.36	
113	$    47,980.52	$	424.61	
$    59,434.13	$	525.97	
	
	$     11,149.53	$	101.36	
110	$    74,776.60	$	679.79	
	$    85,926.12	$	781.15	

$	(2,331.26)	
 $	(9,765.95)	
$	(12,097.21)

$	-
 $	- 
$	-	

 	Total		 	Preserve		    200 	$	20,271.87	Gross	    223 	$    22,603.13	Platted On Roll	$	(2,331.26) Direct Bill	
$	112,991.17	$ 122,757.12	Gross	 $	(9,765.95) Gross	

 TOTAL GROSS	  1,026 	$	103,994.68		    770 	$    79,668.44	Total Platted On	$	24,326.24 Total Direct	
$	891,134.47	$ 636,698.67	Roll Gross	 $	254,435.79 Bill Gross	

 TOTAL NET		  1,026 	$	97,755.00		    770 	$     74,888.33	Total Platted On	$	22,866.67 Total Direct	
$	837,666.40	$ 598,496.75	Roll Net	$	239,169.65 Bill Net	

Assessment is calculated by the 2016 Unit 4 Special Methodology Report Methodology Report Table F Data Attached
 There is 1 unit with pre-paid bonds. 	
1 unit is a Renaissance 50'	

Page 26

Assessment Recap - Unit 7 (Total Gross)	

A	
B	
C	
D	
E	
F	

Total Fiscal Year	
2020/2021	

	

Total Fiscal Year	Total Fiscal Year 2021/2022		2021/2022
Product	Total		Projected	Projected	
Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	

Unit 7 Master

50' Single Family	Admin / Maint	$	118.70	$	373,377.32	$	196.83	
	Debt	1,897	$	830.00	$   1,574,510.00	$	830.00	
	Sub-Total	$	948.70	$   1,947,887.32	$	1,026.83	
	
74' Single Family	Admin / Maint	$	118.70	$	15,155.54	$	196.83
Debt	77	$	1,228.40	$	94,586.80	$	1,228.40
Sub-Total	$	1,347.10	$	109,742.34	$	1,425.23	
	
Coach	Admin / Maint	$	118.70	$	42,514.23	$	196.83
Debt	216	$	622.50	$	134,460.00	$	622.50
Sub-Total	$	741.20	$	176,974.23	$	819.33	
	
2-Story Units	Admin / Maint	$	118.70	$	58,260.25	$	196.83
Debt	296	$	456.50	$	135,124.00	$	456.50
Sub-Total	$	575.20	$	193,384.25	$	653.33	
	
4-Story Units	Admin / Maint	$	118.70	$	76,761.81	$	196.83
Debt	390	$	415.00	$	161,850.00	$	415.00
Sub-Total	$	533.70	$	238,611.81	$	611.83	
	
Total	2,876	$	566,069.15	Gross
$  2,100,530.80	

Unit 7 Village B

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

Unit 7 Village F1 & F5

F1 - 37 ' Single Family	Admin / Maint	
	Debt	102	$	-           $	63,495.00	$	622.50	
	Sub-Total	$	-	$	63,495.00	$	622.50	
F1 - 50 ' Single Family	Admin / Maint	
	Debt	92	$	-           $	76,360.00	$	830.00	
	Sub-Total	$	-	$	76,360.00	$	830.00	
F1 - 60 ' Single Family	Admin / Maint	
	Debt	76	$	-           $	75,696.00	$	996.00	
	Sub-Total	$	-	$	75,696.00	$	996.00	
	
F5 - Dup/Paired Villa	Admin / Maint	
	Debt	158	$	-           $	78,684.00	$	498.00	
	Sub-Total	$	-	$	78,684.00	$	498.00	
F5 - 40 ' Single Family	Admin / Maint	
	Debt	115	$	-           $	76,360.00	$	664.00	
	Sub-Total	$	-	$	76,360.00	$	664.00	
F5 - 50 ' Single Family	Admin / Maint	
	Debt	125	$	-	$	103,750.00	$	830.00	
	Sub-Total	$	-	$	103,750.00	$	830.00	
	
Total	668	Gross
$	474,345.00	

Page 27

Assessment Recap - Unit 7 (Collection Method)	

A	
B	
C	
D	
E	
F	G	H	I	J	

 	TOTAL GROSS		 	PLATTED ON ROLL GROSS		 	DIRECT BILL GROSS	

Total Fiscal Year	
2020/2021	

Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
2021/2022	2021/2022	2021/2022	2021/2022	

		

		

		

		

		

		

		

		

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	$	118.70   $       373,377.32   $	196.83	
	Debt	1,897    $	830.00    $  1,574,510.00      $	830.00	
	Sub-Total	$	948.70    $  1,947,887.32       $	1,026.83	
	
74' Single Family	Admin / Maint	$	118.70   $	15,155.54   $	196.83
Debt	77	$	1,228.40    $	94,586.80   $	1,228.40

Sub-Total	$	1,347.10    $      109,742.34    $	1,425.23	
	
Coach	Admin / Maint	$	118.70   $	42,514.23   $	196.83
Debt	216	$	622.50    $      134,460.00   $	622.50
Sub-Total	$	741.20    $      176,974.23    $	819.33	
	
2-Story Units	Admin / Maint	$	118.70   $	58,260.25   $	196.83
Debt	296	$	456.50    $      135,124.00   $	456.50
Sub-Total	$	575.20    $      193,384.25    $	653.33	
	
4-Story Units	Admin / Maint	$	118.70   $	76,761.81   $	196.83
Debt	390	$	415.00    $      161,850.00   $	415.00
Sub-Total	$	533.70    $      238,611.81    $	611.83	

		$	-	$	196.83	
0		$	-	$	830.00	
		   $	-		$	1,026.83  	
				
		$	-	$	196.83	
0		$	-	$	1,228.40	
		   $	-		$	1,425.23  	
				
		$	-	$	196.83	
0		$	-	$	622.50	
		   $	-		$	819.33  	
				
		$	-	$	196.83	
0		$	-	$	456.50	
		   $	-		$	653.33  	
				
		$	-	$	196.83	
0		$	-	$	415.00	
		$	-	$	611.83	

$       373,377.32	
$  1,574,510.00	
$  1,947,887.32	
	
$	15,155.54
$	94,586.80

$      109,742.34	
	
$	42,514.23
$      134,460.00

$      176,974.23	
	
$	58,260.25
$      135,124.00

$      193,384.25	
	
$	76,761.81
$      161,850.00

$      238,611.81	

TOTAL GROSS		    2,876 	$       566,069.15	
Total Gross	        0 	$	-	Total Platted On Roll	$      566,069.15  Total Direct Bill	
  $  2,100,530.80  	 		   $	- 	Gross	$  2,100,530.80  Gross	

TOTAL NET		    2,876 	$       532,105.00	
Total Net	        0 	$	-	Total Platted On Roll	$       532,105.00	
Total Direct Bill Net	
  $  1,974,498.95  	 		  $	- 	Net	$    1,974,498.95	

Unit 7 Village B

50 ' Single Family	Debt	111	$	830.00	$	92,130.00	$	830.00	
	Sub-Total	$	830.00	$	92,130.00	$	830.00	

0	$	-	$	830.00	
$	-	$	830.00	

$	92,130.00	
$	92,130.00	

TOTAL GROSS		111	Total Gross	0	Total Platted On Roll	$	-	Total Direct Bill Gross	
  $	92,130.00		$	-	Gross	$	92,130.00		

 

TOTAL NET		      111 	$	-	
Total Net	        0 	$	-	Total Platted On Roll	$	-	
Total Direct Bill Net	
  $	86,602.20  	 		  $	- 	Net	$	86,602.20	

Unit 7 Village F1 & F5

F1 - 37 ' Single Family	Debt	102	$	- 	$	63,495.00		$	622.50	
	Sub-Total	$	-	$	63,495.00		$	622.50	
F1 - 50 ' Single Family	Debt	92	$	- 	$	76,360.00		$	830.00	
	Sub-Total	$	-	$	76,360.00		$	830.00	
F1 - 60 ' Single Family	Debt	76	$	- 	$	75,696.00		$	996.00	
	Sub-Total	$	-	$	75,696.00		$	996.00	
	
F5 - Dup/Paired Villa	Debt	158	$	- 	$	78,684.00		$	498.00	
	Sub-Total	$	-	$	78,684.00		$	498.00	
F5 - 40 ' Single Family	Debt	115	$	- 	$	76,360.00		$	664.00	
	Sub-Total	$	-	$	76,360.00		$	664.00	
F5 - 50 ' Single Family	Debt	125	$	- 	$      103,750.00		$	830.00	
	Sub-Total	$	-	$      103,750.00		$	830.00	

0	$	-		$	622.50	
$	-		$	622.50	
0	$	-		$	830.00	
$	-		$	830.00	
0	$	-		$	996.00	
$	-		$	996.00	
	
0	$	-		$	498.00	
$	-		$	498.00	
0	$	-		$	664.00	
$	-		$	664.00	
0	$	-		$	830.00	
$	-		$	830.00	

$	63,495.00	
$	63,495.00	
$	76,360.00	
$	76,360.00	
$	75,696.00	
$	75,696.00	
	
$	78,684.00	
$	78,684.00	
$	76,360.00	
$	76,360.00	
$      103,750.00	
$      103,750.00	

 TOTAL GROSS	

      668 

Total Gross
  $       474,345.00      	

        0 

   $	- 

Total Platted On Roll Gross

Total Direct Bill
$      474,345.00 Gross

 TOTAL NET	

      668 

Total Net
  $       445,884.30      	

        0 

Total Platted On Roll Net

Total Direct Bill Net

  $	- 

$       445,884.30

Page 28

Assessment Recap - Unit 8 (Total Gross)	

A	
B	
C	
D	
E	
F	

Total Fiscal Year	
2020/2021	

	

Total Fiscal Year	Total Fiscal Year 2021/2022		2021/2022
Product	Total		Projected	Projected	
Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	

Unit 8 Master

50' Single Family	Admin / Maint	$	-	$	25,545.86	$	102.18	
	Debt	250	$	-		$	174,345.00	$	697.38	
	Sub-Total	$	-	$	199,890.86	$	799.56	
	
75' Single Family	Admin / Maint	$	-	$	14,305.68	$	102.18
Debt	140	$	-		$	122,592.40	$	875.66
Sub-Total	$	-	$	136,898.08	$	977.84	
	
Coach	Admin / Maint	$	-	$	27,385.16	$	102.18
Debt	268	$	-		$	164,415.32	$	613.49
Sub-Total	$	-	$	191,800.48	$	715.67	
	
2-Story Units	Admin / Maint	$	-	$	27,385.16	$	102.18
Debt	268	$	-		$	140,523.12	$	524.34
Sub-Total	$	-	$	167,908.28	$	626.52	
	
4-Story Units	Admin / Maint	$	-	$	39,851.54	$	102.18
Debt	390	$	-		$	169,728.00	$	435.20
Sub-Total	$	-	$	209,579.54	$	537.38	
	
Total	1,316	$	134,473.40	Gross
$	771,603.84	

Page 29

Assessment Recap - Unit 8 (Collection Method)	

A	
B	
C	
D	
E	
F	G	H	I	J	

 	TOTAL GROSS		 	PLATTED ON ROLL GROSS		 	DIRECT BILL GROSS	

		

		

		

		

		

		

		

		

Total Fiscal Year	
2020/2021	

Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
2021/2022	2021/2022	2021/2022	2021/2022	

Product	Total		Projected	Projected	Platted	Platted	Platted	
Type	Units	Assessment Per Unit	Assessment	Assessment Per Unit	Units	Assessment	Assessment Per Unit	

Unit 8 Master

50' Single Family	Admin / Maint	$	-	$	25,545.86	$	102.18	
	Debt	250	$	-	$	174,345.00	$	697.38	
	Sub-Total	$	-	$	199,890.86	$	799.56	
	
75' Single Family	Admin / Maint	$	-	$	14,305.68	$	102.18
Debt	140	$	-	$	122,592.40	$	875.66
Sub-Total	$	-	$	136,898.08	$	977.84	
	
Coach	Admin / Maint	$	-	$	27,385.16	$	102.18
Debt	268	$	-	$	164,415.32	$	613.49
Sub-Total	$	-	$	191,800.48	$	715.67	
	
2-Story Units	Admin / Maint	$	-	$	27,385.16	$	102.18
Debt	268	$	-	$	140,523.12	$	524.34
Sub-Total	$	-	$	167,908.28	$	626.52	
	
4-Story Units	Admin / Maint	$	-	$	39,851.54	$	102.18
Debt	390	$	-	$	169,728.00	$	435.20
Sub-Total	$	-	$	209,579.54	$	537.38	

		$	-	$	102.18	
0		$	-	$	697.38	
		  $	-		$	799.56  	
				
		$	-	$	102.18	
0		$	-	$	875.66	
		  $	-		$	977.84  	
				
		$	-	$	102.18	
0		$	-	$	613.49	
		  $	-		$	715.67  	
				
		$	-	$	102.18	
0		$	-	$	524.34	
		  $	-		$	626.52  	
				
		$	-	$	102.18	
0		$	-	$	435.20	
		$	-	$	537.38	

$	25,545.86	
$	174,345.00	
$	199,890.86	
	
$	14,305.68
$	122,592.40
$	136,898.08	
	
$	27,385.16
$	164,415.32
$	191,800.48	
	
$	27,385.16
$	140,523.12
$	167,908.28	
	
$	39,851.54
$	169,728.00
$	209,579.54	

 TOTAL GROSS		    1,316 	$	134,473.40	
Total Gross	 	0		$	-	Total Platted On Roll	$	134,473.40  Total Direct Bill	
  $	771,603.84  	 		  $	-		Gross	$	771,603.84 Gross	

 TOTAL NET		    1,316 	$	126,405.00	
Total Net	 	0		$	-	Total Platted On Roll	$	126,405.00	
Total Direct Bill Net	
  $	725,307.61  	 		  $	-		Net	$	725,307.61	

Page 30

 Assesments - Island Walk	

Island Walk Assessment Breakdown	
	District Proper		Unit 1	Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Fiscal Year		Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Total Fiscal Year	
Product	2021/2022		2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment		Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit		Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
Single		Admin / Maint		$	15.84		$		77.86	$		7.63	$	-		$	-		$	- Family	 		Debt		$		-		$	159.06       $	379.89       $	-	$	-	$	-	
Sub-Total	$	15.84	$	236.92	$	387.52	$	-	$	-	$	-	$	101.33	
	$	538.95	
	$	640.28	
Multi	Admin / Maint	$	15.84	$	77.86
Family	 		Debt	$		-	$	159.06 Sub-Total		$	15.84		$		236.92		
	$	7.60	$	-	$	-	$	-
  $	378.22       $	-	$	-	$	-	
$	385.82	$	-	$	-	$	-	$	101.30	
		$	537.28	
		$	638.58	
Any Lot Outside    Admin / Maint	$	15.84	$	77.86
Unit 2 Boundary		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		
	$	-	$	-	$	-	$	-
  $	-           $	-           $	-           $	- 
$	-	$	-	$	-	$	-	$	93.70	
		$	159.06	
		$	252.76	

Island Walk Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	644.55	

$	640.28	

$	(4.27)	

$	642.84	

$	638.58	

$	(4.27)	

$	256.32	

$	252.76	

$	(3.56)	

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

 Assessments - Gran Paradiso	

Gran Paradiso Assessment Breakdown	
	District Proper	Unit 1	Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
2 Bdr Sam 35     Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	1,093.10       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,189.18	$	-	$	-	$	198.31	
	$	1,676.26	
	$	1,874.57	
	
3 Bdr Sam 70     Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	1,432.12       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,528.20	$	-	$	-	$	198.31	
	$	2,015.28	
	$	2,213.59	
	
3 Bdr Sam 80     Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	1,559.05       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,655.13	$	-	$	-	$	198.31	
	$	2,142.21	
	$	2,340.52	
	
3 Bdr Lee 45     Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	1,227.41       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,323.49	$	-	$	-	$	198.31	
	$	1,810.57	
	$	2,008.88	
	
3 Bdr Lee 65     Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	1,380.47       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,476.55	$	-	$	-	$	198.31	
	$	1,963.63	
	$	2,161.94	
	
35'	Admin / Maint	$	15.84	$	77.86	$	6.47	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	322.17       $	521.28       $	-           $	- Sub-Total		$	15.84	$	236.92	$	328.64	$	617.36	$	-	$	-	$	196.26	
	$	1,002.51	
	$	1,198.77	
	
Townhome	Admin / Maint	$	15.84	$	77.86	$	6.47	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	322.17       $	521.28       $	-           $	- Sub-Total		$	15.84	$	236.92	$	328.64	$	617.36	$	-	$	-	$	196.26	
	$	1,002.51	
	$	1,198.77	
	
Coach	Admin / Maint	$	15.84	$	77.86	$	7.26	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	361.34       $	627.66       $	-           $	- Sub-Total		$	15.84	$	236.92	$	368.60	$	723.74	$	-	$	-	$	197.04	
	$	1,148.06	
	$	1,345.10	
	
45'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	627.66       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	723.74	$	-	$	-	$	198.31	
	$	1,210.82	
	$	1,409.13	
	
52'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	734.04       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	830.12	$	-	$	-	$	198.31	
	$	1,317.20	
	$	1,515.51	
	
62'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	840.42       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	936.50	$	-	$	-	$	198.31	
	$	1,423.58	
	$	1,621.89	
	
65'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	840.42       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	936.50	$	-	$	-	$	198.31	
	$	1,423.58	
	$	1,621.89	
	
70'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $	840.42       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	936.50	$	-	$	-	$	198.31	
	$	1,423.58	
	$	1,621.89	
	
75'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $		946.81       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,042.89	$	-	$	-	$	198.31	
	$	1,529.97	
	$	1,728.28	
	
80'	Admin / Maint	$	15.84	$	77.86	$	8.52	$	96.08	$	-	$	-
 		Debt	$		-            $	159.06       $	424.10       $		946.81       $	-           $	- Sub-Total		$	15.84	$	236.92	$	432.62	$	1,042.89	$	-	$	-	$	198.31	
	$	1,529.97	
	$	1,728.28	

Gran Paradiso Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	1,878.92	

$	1,874.57	

$	(4.35)	

$	2,217.94	

$	2,213.59	

$	(4.35)	

$	2,344.87	

$	2,340.52	

$	(4.35)	

$	2,013.23	

$	2,008.88	

$	(4.35)	

$	2,166.29	

$	2,161.94	

$	(4.35)	

$	1,202.93	

$	1,198.77	

$	(4.16)	

$	1,202.93	

$	1,198.77	

$	(4.16)	

$	1,349.34	

$	1,345.10	

$	(4.23)	

$	1,413.48	

$	1,409.13	

$	(4.35)	

$	1,519.86	

$	1,515.51	

$	(4.35)	

$	1,626.24	

$	1,621.89	

$	(4.35)	

$	1,626.24	

$	1,621.89	

$	(4.35)	

$	1,626.24	

$	1,621.89	

$	(4.35)	

$	1,732.63	

$	1,728.28	

$	(4.35)	

$	1,732.63	

$	1,728.28	

$	(4.35)	

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

 Assessments - Renaissance, Oasis, and Preserve	

Renaissance, Oasis, & Preserve Assessment Breakdown	
	District Proper	Unit 1		Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Total Fiscal Year	Total Fiscal Year		Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022		2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment		Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit		Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
Renaissance   Admin / Maint	$	15.84	$	77.86	$	-	$	-	$	101.36	$	-
35' Villa	 		Debt	$		-           $	159.06   $	-          $	-           $	678.03   $	- Sub-Total		$	15.84	$	236.92	$	-	$	-	$	779.39	$	-	$	195.06	
	$	837.09	
	$	1,032.15	
			
Renaissance   Admin / Maint	$	15.84	$	77.86
50'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	101.36	$	-
  $	-           $	-           $	998.94   $	- 
$	-	$	-	$	1,100.30	$	-	$	195.06	
			$	1,158.00	
			$	1,353.06	
			
Renaissance   Admin / Maint	$	15.84	$	77.86
60'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	101.36	$	-
  $	-          $	-           $	1,212.87   $	- 
$	-	$	-	$	1,314.23	$	-	$	195.06	
			$	1,371.93	
			$	1,566.99	
			
Oasis	Admin / Maint	$	15.84	$	77.86
60'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	101.36	$	-
  $	-           $	-           $	829.89   $	- 
$	-	$	-	$	931.25	$	-	$	195.06	
			$	988.95	
			$	1,184.01	
			
Oasis	Admin / Maint	$	15.84	$	77.86
70'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	101.36	$	-
  $	-           $	-           $	980.00   $	- 
$	-	$	-	$	1,081.36	$	-	$	195.06	
			$	1,139.06	
			$	1,334.12	
			
Preserve	Admin / Maint	$	15.84	$	77.86
33' Villa	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	7.63	$	-	$	101.36	$	-
  $	-          $	-           $	424.61   $	- 
$	7.63	$	-	$	525.97	$	-	$	202.69	
			$	583.67	
			$	786.36	
			
Preserve	Admin / Maint	$	15.84	$	77.86
50'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	7.60	$	-	$	101.36	$	-
  $	-           $	-           $	679.79   $	- 
$	7.60	$	-	$	781.15	$	-	$	202.66	
			$	838.85	
			$	1,041.50	

Renaissance, Oasis, & Preserve Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	1,086.88	

$	1,032.15	

$	(54.73)	

$	1,407.79	

$	1,353.06	

$	(54.73)	

$	1,621.72	

$	1,566.99	

$	(54.73)	

$	1,238.74	

$	1,184.01	

$	(54.73)	

$	1,388.85	

$	1,334.12	

$	(54.73)	

$	841.80	

$	786.36	

$	(55.44)	

$	1,096.94	

$	1,041.50	

$	(55.44)	

*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	

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

 Assessments - Unit 7 Villages	

Unit 7 Villages Assessment Breakdown	
	District Proper	Unit 1		Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Total Fiscal Year	Total Fiscal Year		Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022		2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment		Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit		Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
50'	Admin / Maint	$	15.84   $	77.86   $	-	$	-	$	-	$	196.83
 		Debt	$		-           $	159.06   $	-           $	-           $	-           $		830.00 Sub-Total		$	15.84	$	236.92	$	-	$	-	$	-	$	1,026.83	$	290.53	
	$	989.06	
	$	1,279.59	
			
74'	Admin / Maint	$	15.84   $	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,228.40  
$	-	$	-	$	-	$	1,425.23	$	290.53	
			$	1,387.46	
			$	1,677.99	
			
Coach	Admin / Maint	$	15.84   $	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	622.50  
$	-	$	-	$	-	$	819.33	$	290.53	
			$	781.56	
			$	1,072.09	
			
2-Story	Admin / Maint	$	15.84   $	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	456.50  
$	-	$	-	$	-	$	653.33	$	290.53	
			$	615.56	
			$	906.09	
			
4-Story	Admin / Maint	$	15.84   $	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	415.00  
$	-	$	-	$	-	$	611.83	$	290.53	
			$	574.06	
			$	864.59	
			
Village B	Admin / Maint	$	15.84   $	77.86
50'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,660.00  
$	-	$	-	$	-	$	1,856.83	$	290.53	
			$	1,819.06	
			$	2,109.59	
			
Village F1	Admin / Maint	$	15.84   $	77.86
37'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,245.00  
$	-	$	-	$	-	$	1,441.83	$	290.53	
			$	1,404.06	
			$	1,694.59	
			
Village F1	Admin / Maint	$	15.84   $	77.86
50'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,660.00  
$	-	$	-	$	-	$	1,856.83	$	290.53	
			$	1,819.06	
			$	2,109.59	
			
Village F1	Admin / Maint	$	15.84   $	77.86
60'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,992.00  
$	-	$	-	$	-	$	2,188.83	$	290.53	
			$	2,151.06	
			$	2,441.59	
			
Village F5	Admin / Maint	$	15.84   $	77.86
Dup/Paired Villas		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,328.00  
$	-	$	-	$	-	$	1,524.83	$	290.53	
			$	1,487.06	
			$	1,777.59	
			
Village F5	Admin / Maint	$	15.84   $	77.86
40'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,328.00  
$	-	$	-	$	-	$	1,524.83	$	290.53	
			$	1,487.06	
			$	1,777.59	
			
Village F5	Admin / Maint	$	15.84   $	77.86
50'	 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	-	$	-	$	-	$	196.83
  $	-           $	-           $	-           $	1,660.00  
$	-	$	-	$	-	$	1,856.83	$	290.53	
			$	1,819.06	
			$	2,109.59	

Unit 7 Villages Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	1,205.02	

$	1,279.59	

$	74.56	

$	1,603.42	

$	1,677.99	

$	74.56	

$	997.52	

$	1,072.09	

$	74.56	

$	831.52	

$	906.09	

$	74.56	

$	790.02	

$	864.59	

$	74.56	

$	2,035.02	

$	2,109.59	

$	74.56	

$	-	

$	1,694.59	

$	1,694.59	

$	-	

$	2,109.59	

$	2,109.59	

$	-	

$	2,441.59	

$	2,441.59	

$	-	

$	1,777.59	

$	1,777.59	

$	-	

$	1,777.59	

$	1,777.59	

$	-	

$	2,109.59	

$	2,109.59	

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

 Assessments - Unit 8 Villages	

Unit 8 Villages Assessment Breakdown	
	District Proper	Unit 1	Unit 2	Unit 3	Unit 4	Unit 7	Unit 8	All Units	
	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
50'	Admin / Maint	$	15.84	$	77.86	$	-	$	-	$	-	$	-	$	102.18	$	195.88
 	Debt	$	-           $	159.06   $	-           $	-           $	-          $	-           $	697.38   $	856.44
Sub-Total	$	15.84	$	236.92	$	-	$	-	$	-	$	-	$	799.56	$	1,052.32	
	
$	-	$	-	$	-	$	-	$	102.18	$	195.88
  $	-           $	-           $	-           $	-           $	875.66   $	1,034.72
$	-	$	-	$	-	$	-	$	977.84	$	1,230.60	
75'	Admin / Maint	$	15.84	$	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		
	
$	-	$	-	$	-	$	-	$	102.18	$	195.88
  $	-           $	-           $	-           $	-           $	613.49   $	772.55
$	-	$	-	$	-	$	-	$	715.67	$	968.43	
Coach	Admin / Maint	$	15.84	$	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		
	
$	-	$	-	$	-	$	-	$	102.18	$	195.88
  $	-          $	-           $	-          $	-           $	524.34   $	683.40
$	-	$	-	$	-	$	-	$	626.52	$	879.28	
2-Story	Admin / Maint	$	15.84	$	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		
	
$	-	$	-	$	-	$	-	$	102.18	$	195.88
  $	-           $	-           $	-          $	-           $	435.20   $	594.26
$	-	$	-	$	-	$	-	$	537.38	$	790.14	
4-Story	Admin / Maint	$	15.84	$	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		

Unit 8 Villages Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	-	

$	1,052.32	

$	1,052.32	

$	-	

$	1,230.60	

$	1,230.60	

$	-	

$	968.43	

$	968.43	

$	-	

$	879.28	

$	879.28	

$	-	

$	790.14	

$	790.14	

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

Page 35

 Assessments - Town Center & Other	

Town Center Assessment Breakdown	
	District Proper	Unit 1		Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Total Fiscal Year	Total Fiscal Year		Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022		2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment		Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit		Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
Town Center	Admin / Maint	$	15.84	$	77.86	$	7.41	$	-	$	-	$	-	$	101.11
Multi	 	Debt	$	-           $	159.06   $	368.91   $	-           $	-           $	-           $	527.97  
Family (3 BDR)	Sub-Total	$	15.84	$	236.92	$	376.32	$	-	$	-	$	-	$	629.08	
			
Town Center	Admin / Maint	$	15.84	$	77.86
Multi	 		Debt	$		-           $	159.06 Family (2 BDR)		Sub-Total		$	15.84	$		236.92		$	6.63	$	-	$	-	$	-	$	100.33
  $	329.74   $	-           $	-           $	-           $	488.80  
$	336.37	$	-	$	-	$	-	$	589.13	
			
Town Center	Admin / Maint	$	15.84	$	77.86
 		Debt	$		-           $	159.06 Sub-Total		$	15.84	$		236.92		$	258.47	$	-	$	-	$	-	$	352.17
  $	12,863.47   $	-           $	-           $	-           $	13,022.53  
$	13,121.94	$	-	$	-	$	-	$	13,374.70	

Town Center Assessment Changes	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	633.33	

$	629.08	

$	(4.25)	

$	593.30	

$	589.13	

$	(4.18)	

$	13,402.26	

$	13,374.70	

$	(27.56)	

Undeveloped and/or Unassigned Land Assessment Breakdown	
	District Proper	Unit 1	Unit 2	Unit 3	Unit 4	Unit 7	All Units	
	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	Total Fiscal Year	
Product	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	2021/2022	
Type	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	Assessment	
	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	Per Unit	
	
Land Inside U1	Admin / Maint	$	15.84	$	77.86	$	-	$	-	$	-	$	-	$	93.70
Boundary	 	Debt	$	-           $	159.06   $	-           $	-           $	-           $	-           $	159.06  
Per 1/2 Acre or Less	Sub-Total	$	15.84	$	236.92	$	-	$	-	$	-	$	-	$	252.76	

Land Outside U1		Admin / Maint		$	15.84	$	- Boundary	 		Debt		$		-           $	- 
Per 1/2 Acre or Less	Sub-Total	$	15.84	$	-		
	$	-	$	-	$	-	$	-	$	15.84
  $	-           $	-           $	-           $	-           $	- 
$	-	$	-	$	-	$	-	$	15.84	

Undeveloped and/or Unassigned Land Assessment Change	

Total Fiscal Year	
Total Fiscal Year	
Total Change +/(-)	
2020/2021	2021/2022	From Previous	
Assessment	Assessment	Year	
Per Unit	Per Unit	Per Unit	

$	256.32	

$	252.76	

$	(3.56)	

$	18.04	

$	15.84	

$	(2.20)	

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

Page 36

 Debt Assessment Methodology - Unit 1	

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.

 Debt Assessment Methodology - Unit 2	

Combined Annual Assessments After Issuance of Bonds

Property	

Units	

Original Number of Units in Area 1	

Number of Units True- up or Paid Off (a)	

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

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

 Debt 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.

Table 3	
Revised Methodology Maximum Annual Assessment	$1,243,000
Pre Lennar Annual Assessment*	$34,343	
Total Maximum Annual Assessment	$1,277,343	

 Debt Assessment Methodology - Unit 4	

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.

 Debt Assessment Methodology - Unit 7	

Unit 7 Master Bond	

Product Type	
Number of Units	
ERU Factor	
Total ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
Gross Assessment Per Product Type *	
50' SF	1,897	1.00	1,897	$	830	$	830	$	1,574,510	
74' SF	77	1.48	114	$	830	$	1,228	$	94,587	
Coach	216	0.75	162	$	830	$	623	$	134,460	
2-Story	296	0.55	163	$	830	$	457	$	135,124	
4-Story	390	0.50	195	$	830	$	415	$	161,850	
							
Totals	2,876	.	2,531			$	2,100,531	

Unit 7 Village B	

Product Type	
Number of Units	
ERU Factor	
Total ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
Gross Assessment Per Product Type *	
50' SF	111	1.00	111	$	830	$	830	$	92,130	
							
Totals	111	.	111			$	92,130	

Unit 7 Village F1 & F5	

Product Type	
Number of Units	
ERU Factor	
Total ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
Gross Assessment Per Product Type *	
F1 - 37' SF	102	0.75	76.50	$	830	$	622.50	$	63,495.00	
F1 - 50' SF	92	1.00	92.00	$	830	$	830.00	$	76,360.00	
F1 - 60' SF	76	1.20	91.20	$	830	$	996.00	$	75,696.00	
							
F5 - Duplex/Paired Villa	158	0.60	94.80	$	830	$	498.00	$	78,684.00	
F5 - 40' SF	115	0.80	92.00	$	830	$	664.00	$	76,360.00	
F5 - 50' SF	125	1.00	125.00	$	830	$	830.00	$	103,750.00	
							
Totals	668	.	571.50			474,345.00	

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

 Debt Assessment Methodology - Unit 8	

Unit 7 Master Bond	

Product Type	
Number of Units	
ERU Factor	
Total ERU	
Gross Assessment Per ERU *	
Gross Assessment Per Unit	
Gross Assessment Per Product Type *	
50' SF	250	1.00	250.00	$	697.38	$	697.38	$	174,345.00	
75' SF	140	1.26	175.79	$	697.38	$	875.66	$	122,592.40	
Coach	268	0.88	235.76	$	697.38	$	613.49	$	164,415.32	
2-Story	268	0.75	201.50	$	697.38	$	524.34	$	140,523.12	
4-Story	390	0.62	243.38	$	697.38	$	435.20	$	169,728.00	
							
Sub Totals	1,316	.	1,106.43			771,603.84	
							
Golf Course (Acres)	128	0.15	19.20	$	697.38	$	-	$	-	
							
Totals	1,444	.	1,125.63			$	-	

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

A-5