Astonia
Community Development District

Adopted Budget
FY 2023

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Debt Service Fund-Series 2020	

9-10	

Amortization Schedule	

11	

Debt Service Fund-Series 2021	

12-13	

Amortization Schedule	

14	

Debt Service Fund-Series 2021 North Parcel	

15-16	

Amortization Schedule	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	
Revenues						
Assessments - Tax Roll	$128,782	$125,519	$3,263	$128,782	$658,449	
Assessments - Lot Closings	$0	$2,700	$0	$2,700	$0	
Developer Contributions	$196,863	$25,000	$33,670	$58,670	$43,576	
Boundary Amendment Contribution	$0	$17,513	$0	$17,513	$0	
Total Revenues	$	325,645	$	170,732	$	36,933	$	207,665	$	702,025	
Expenditures						
Administrative						
Supervisor Fees	$12,000	$0	$3,000	$3,000	$12,000	
Engineering	$15,000	$1,250	$3,000	$4,250	$15,000	
Attorney	$25,000	$9,683	$3,228	$12,910	$25,000	
Annual Audit	$5,000	$5,400	$0	$5,400	$5,500	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Arbitrage	$1,300	$0	$900	$900	$900	
Dissemination	$7,000	$5,350	$1,750	$7,100	$7,000	
Trustee Fees	$7,000	$4,041	$2,959	$7,000	$7,000	
Management Fees	$36,050	$27,038	$9,012	$36,050	$37,853	
Information Technology	$1,800	$1,300	$500	$1,800	$1,800	
Website Maintenance	$1,200	$950	$250	$1,200	$1,200	
Telephone	$150	$0	$50	$50	$100	
Postage & Delivery	$500	$111	$37	$148	$500	
Insurance	$5,500	$5,175	$0	$5,175	$5,822	
Printing & Binding	$500	$29	$23	$51	$500	
Legal Advertising	$10,000	$982	$3,703	$4,685	$9,000	
Contingency	$2,000	$602	$135	$737	$2,200	
Office Supplies	$450	$8	$5	$14	$350	
Boundary Amendment Expense	$0	$25,614	$1,500	$27,114	$0	
Travel Per Diem	$660	$0	$30	$30	$660	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Total Administrative	$	136,285	$	92,707	$	30,082	$	122,789	$	137,560	

Operations & Maintenance						
Field Services						
Property Insurance	$5,000	$0	$0	$0	$10,000	
Field Management	$15,000	$1,250	$1,875	$3,125	$15,750	
Landscape Maintenance	$55,000	$15,508	$7,153	$22,661	$175,000	
Landscape Replacement	$7,500	$0	$3,750	$3,750	$35,000	
Lake Maintenance	$15,000	$2,800	$3,975	$6,775	$20,000	
Streetlights	$12,000	$5,408	$1,803	$7,210	$20,500	
Electric	$5,000	$1,195	$3,805	$5,000	$8,000	
Water & Sewer	$5,000	$23,056	$7,685	$30,741	$90,000	
Sidewalk & Asphalt Maintenance	$500	$0	$250	$250	$2,500	
Irrigation Repairs	$5,000	$884	$295	$1,179	$15,000	
General Repairs & Maintenance	$15,000	$200	$2,500	$2,700	$17,000	
Contingency	$5,000	$0	$1,485	$1,485	$10,000	
Subtotal Field Expenses	$	145,000	$	50,301	$	34,575	$	84,876	$	418,750	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	

Amenity Expenses						
Amenity - Electric	$7,200	$0	$0	$0	$15,000	
Amenity - Water	$2,500	$0	$0	$0	$10,000	
Playground Lease	$7,000	$0	$0	$0	$0	
Internet	$1,500	$0	$0	$0	$3,000	
Pest Control	$360	$0	$0	$0	$720	
Janitorial Service	$2,700	$0	$0	$0	$7,400	
Security Services	$7,500	$0	$0	$0	$30,000	
Pool Maintenance	$8,100	$0	$0	$0	$20,200	
Amenity Repairs & Maintenance	$2,500	$0	$0	$0	$15,000	
Amenity Access Management	$0	$0	$0	$0	$5,000	
Contingency	$5,000	$0	$0	$0	$10,000	
Subtotal Amenity Expenses	$	44,360	$	-	$	-	$	-	$	116,320	
						
Total Operations & Maintenance	$	189,360	$	50,301	$	34,575	$	84,876	$	535,070	

Other Financing Sources & Uses						
Capital Reserves	$0	$0	$0	$0	$29,395	
Total Other Expenses	$	-	$	-	$	-	$	-	$	29,395	

Total Expenditures	$	325,645	$	143,008	$	64,657	$	207,665	$	702,025	
						
Excess Revenues/(Expenditures)	$0	$27,724	($27,724)	$0	$0	

Net Assessments	$658,449	
Add: Discounts & Collections 7%		$49,561 	
Gross Assessments		$708,009 	
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1013.00	1013	1.00	$658,448.53	$650.00	$698.92	
Developer Contribution	67.04	400	0.17	$43,575.97	$108.94	$117.14	
Total ERU's	1080.04	1413		$702,024.50			

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Developer Contributions

The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

EXPENDITURES:

Administrative:

Supervisor Fees

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

Engineering

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

Attorney

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

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2019 bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2019 bond series.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ Series 2019 bonds.

Management Fees

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

Information Technology

Represents costs related to the District’s accounting and information systems, District’s website creation and maintenance, hosting, electronic compliance with Florida Statutes and other electronic data requirements.

Website Maintenance

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

Telephone

Telephone and fax machine.

Postage & Delivery

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

Insurance

The District’s general liability and public official’s liability insurance coverages.

Printing & Binding

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

Legal Advertising

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

Contingency

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

Office Supplies

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

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Services

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

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

Lake Maintenance

The District will also provide monthly aquatic management services for inspection and treatment of lakes throughout the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

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

Water & Sewer

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

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

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

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

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

Amenity Expenses

Amenity - Electric

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

Amenity – Water

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

Internet

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

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

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

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

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

Amenity Access Management

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

Contingency

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

Other Expenses:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Astonia
Community Development District

Adopted Budget Debt Service Fund Series 2020

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
	Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	

Revenues							

Assessments - On Roll	$	220,403	$	218,273	
$	2,130	
$	220,403	
$	217,578	
Assessments - Direct	$	-	$	34,233	$	-	$	34,233	$	-	
Assessments - Prepayment	$	-	$	44,075	$	-	$	44,075	$	-	
Interest Income	$	-	$	54	$	9	$	63	$	-	
Carry Forward Surplus	$	73,661	$	43,382	$	-	$	43,382	$	75,778	
Total Revenues	$	294,064	$	340,018	$	2,139	$	342,157	$	293,357	

Expenses
Interest- 11/01	

$	73,366	

$	73,366	

$	-	

$	73,366	

$	71,450	
Special Call - 02/01	$	-	$	40,000	$	-	$	40,000	$	-	
Interest - 02/01	$	-	$	392	$	-	$	392	$	-	
Special Call - 05/01	$	-	$	10,000	$	-	$	10,000	$	-	
Principal - 05/01	$	70,000	$	70,000	$	-	$	70,000	$	75,000	
Interest - 05/01	$	73,366	$	72,581	$	-	$	72,581	$	71,450	
Total Expenditures	$	216,731	$	266,339	$	-	$	266,339	$	217,900	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(40)	$	-	$	(40)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(40)	$	-	$	(40)	$	-	
						
Excess Revenues/(Expenditures)	$	77,332	$	73,639	$	2,139	$	75,778	$	75,457	

*Carry forward less amount in Reserve funds.						
				Series 2020		
Interest - 11/01		$70,419	
Total 	$70,419	

Date	Balance	Prinicpal	Interest	Total

11/01/22	$	3,710,000.00	$	-	$	71,450.00	$	71,450.00	
05/01/23	$	3,710,000.00	$	75,000.00	$	71,450.00			
11/01/23	$	3,635,000.00	$	-	$	70,418.75	$	216,868.75	
05/01/24	$	3,635,000.00	$	75,000.00	$	70,418.75			
11/01/24	$	3,560,000.00	$	-	$	69,387.50	$	214,806.25	
05/01/25	$	3,560,000.00	$	75,000.00	$	69,387.50			
11/01/25	$	3,485,000.00	$	-	$	68,356.25	$	212,743.75	
05/01/26	$	3,485,000.00	$	80,000.00	$	68,356.25			
11/01/26	$	3,405,000.00	$	-	$	67,006.25	$	215,362.50	
05/01/27	$	3,405,000.00	$	85,000.00	$	67,006.25			
11/01/27	$	3,320,000.00	$	-	$	65,571.88	$	217,578.13	
05/01/28	$	3,320,000.00	$	85,000.00	$	65,571.88			
11/01/28	$	3,235,000.00	$	-	$	64,137.50	$	214,709.38	
05/01/29	$	3,235,000.00	$	90,000.00	$	64,137.50			
11/01/29	$	3,145,000.00	$	-	$	62,618.75	$	216,756.25	
05/01/30	$	3,145,000.00	$	90,000.00	$	62,618.75			
11/01/30	$	3,055,000.00	$	-	$	61,100.00	$	213,718.75	
05/01/31	$	3,055,000.00	$	95,000.00	$	61,100.00			
11/01/31	$	2,960,000.00	$	-	$	59,200.00	$	215,300.00	
05/01/32	$	2,960,000.00	$	100,000.00	$	59,200.00			
11/01/32	$	2,860,000.00	$	-	$	57,200.00	$	216,400.00	
05/01/33	$	2,860,000.00	$	105,000.00	$	57,200.00			
11/01/33	$	2,755,000.00	$	-	$	55,100.00	$	217,300.00	
05/01/34	$	2,755,000.00	$	105,000.00	$	55,100.00			
11/01/34	$	2,650,000.00	$	-	$	53,000.00	$	213,100.00	
05/01/35	$	2,650,000.00	$	110,000.00	$	53,000.00			
11/01/35	$	2,540,000.00	$	-	$	50,800.00	$	213,800.00	

Date		Balance	Prinicpal	Interest	Total	

05/01/36	
$	
2,540,000.00	
$	115,000.00	
$	50,800.00		
11/01/36	$	2,425,000.00	$	-	$	48,500.00	$	214,300.00	
05/01/37	$	2,425,000.00	$	120,000.00	$	48,500.00		
11/01/37	$	2,305,000.00	$	-	$	46,100.00	$	214,600.00	
05/01/38	$	2,305,000.00	$	125,000.00	$	46,100.00		
11/01/38	$	2,180,000.00	$	-	$	43,600.00	$	214,700.00	
05/01/39	$	2,180,000.00	$	130,000.00	$	43,600.00		
11/01/39	$	2,050,000.00	$	-	$	41,000.00	$	214,600.00	
05/01/40	$	2,050,000.00	$	135,000.00	$	41,000.00		
11/01/40	$	1,915,000.00	$	-	$	38,300.00	$	214,300.00	
05/01/41	$	1,915,000.00	$	140,000.00	$	38,300.00		
11/01/41	$	1,775,000.00	$	-	$	35,500.00	$	213,800.00	
05/01/42	$	1,775,000.00	$	145,000.00	$	35,500.00		
11/01/42	$	1,630,000.00	$	-	$	32,600.00	$	213,100.00	
05/01/43	$	1,630,000.00	$	155,000.00	$	32,600.00		
11/01/43	$	1,475,000.00	$	-	$	29,500.00	$	217,100.00	
05/01/44	$	1,475,000.00	$	160,000.00	$	29,500.00		
11/01/44	$	1,315,000.00	$	-	$	26,300.00	$	215,800.00	
05/01/45	$	1,315,000.00	$	165,000.00	$	26,300.00		
11/01/45	$	1,150,000.00	$	-	$	23,000.00	$	214,300.00	
05/01/46	$	1,150,000.00	$	175,000.00	$	23,000.00		
11/01/46	$	975,000.00	$	-	$	19,500.00	$	217,500.00	
05/01/47	$	975,000.00	$	180,000.00	$	19,500.00		
11/01/47	$	795,000.00	$	-	$	15,900.00	$	215,400.00	
05/01/48	$	795,000.00	$	185,000.00	$	15,900.00	$	-	
11/01/48	$	610,000.00	$	-	$	12,200.00	$	213,100.00	
05/01/49	$	610,000.00	$	195,000.00	$	12,200.00	$	-	
11/01/49	$	415,000.00	$	-	$	8,300.00	$	215,500.00	
05/01/50	$	415,000.00	$	205,000.00	$	8,300.00	$	-	
11/01/50	$	210,000.00	$	-	$	4,200.00	$	217,500.00	
05/01/51	$	210,000.00	$	210,000.00	$	4,200.00	$	214,200.00	
			$	3,710,000.00	$	2,599,693.75	$	6,309,693.75	

Astonia
Community Development District

Adopted Budget Debt Service Fund Series 2021

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
	Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	

Revenues							

Assessments - Direct	$	176,660	$	-	
$	176,660	
$	176,660	
$	558,040	
Interest Income	$	-	$	110	$	37	$	147	$	-	
Carry Forward Surplus	$	275,786	$	275,792	$	-	$	275,792	$	182,703	
Total Revenues	$	452,446	$	275,902	$	176,697	$	452,598	$	740,743	

Expenses						
Interest- 11/01	$	99,126	$	99,126	$	-	$	99,126	$	176,660	
Principal - 05/01	$	-	$	-	$	-	$	-	$	205,000	
Interest - 05/01	$	176,660	$	176,660	$	-	$	176,660	$	176,660	
Total Expenditures	$	275,786	$	275,786	$	-	$	275,786	$	558,320	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	5,891	$	-	$	5,891	$	-	
Total Other Financing Sources/(Uses)	$	-	$	5,891	$	-	$	5,891	$	-	
						
Excess Revenues/(Expenditures)	$	176,660	$	6,006	$	176,697	$	182,703	$	182,423	

*Carry forward less amount in Reserve funds.						
				Series 2021 Interest - 11/01	
	$174,098		
Total 	$174,098	

11/01/22	$	10,065,000.00	$	-	$	176,660.00	$	353,320.00	
05/01/23	$	10,065,000.00	$	205,000.00	$	176,660.00		
11/01/23	$	9,860,000.00	$	-	$	174,097.50	$	555,757.50	
05/01/24	$	9,860,000.00	$	210,000.00	$	174,097.50		
11/01/24	$	9,650,000.00	$	-	$	171,472.50	$	555,570.00	
05/01/25	$	9,650,000.00	$	215,000.00	$	171,472.50		
11/01/25	$	9,215,000.00	$	-	$	168,785.00	$	555,257.50	
05/01/26	$	9,215,000.00	$	220,000.00	$	168,785.00		
11/01/26	$	9,215,000.00	$	-	$	166,035.00	$	554,820.00	
05/01/27	$	9,215,000.00	$	225,000.00	$	166,035.00		
11/01/27	$	8,990,000.00	$	-	$	162,660.00	$	553,695.00	
05/01/28	$	8,990,000.00	$	235,000.00	$	162,660.00		
11/01/28	$	8,755,000.00	$	-	$	159,135.00	$	556,795.00	
05/01/29	$	8,755,000.00	$	240,000.00	$	159,135.00		
11/01/29	$	8,515,000.00	$	-	$	155,535.00	$	554,670.00	
05/01/30	$	8,515,000.00	$	250,000.00	$	155,535.00		
11/01/30	$	8,265,000.00	$	-	$	151,785.00	$	557,320.00	
05/01/31	$	8,265,000.00	$	255,000.00	$	151,785.00		
11/01/31	$	8,010,000.00	$	-	$	147,960.00	$	554,745.00	
05/01/32	$	8,010,000.00	$	265,000.00	$	147,960.00		
11/01/32	$	7,745,000.00	$	-	$	143,720.00	$	556,680.00	
05/01/33	$	7,745,000.00	$	275,000.00	$	143,720.00		
11/01/33	$	7,470,000.00	$	-	$	139,320.00	$	558,040.00	
05/01/34	$	7,470,000.00	$	280,000.00	$	139,320.00		
11/01/34	$	7,190,000.00	$	-	$	134,840.00	$	554,160.00	
05/01/35	$	7,190,000.00	$	290,000.00	$	134,840.00		
11/01/35	$	6,900,000.00	$	-	$	130,200.00	$	555,040.00	

05/01/36	$	6,900,000.00	$	300,000.00	$	130,200.00		
11/01/36	$	6,600,000.00	$	-	$	125,400.00	$	555,600.00	
05/01/37	$	6,600,000.00	$	310,000.00	$	125,400.00		
11/01/37	$	6,290,000.00	$	-	$	120,440.00	$	555,840.00	
05/01/38	$	6,290,000.00	$	320,000.00	$	120,440.00		
11/01/38	$	5,970,000.00	$	-	$	115,320.00	$	555,760.00	
05/01/39	$	5,970,000.00	$	330,000.00	$	115,320.00		
11/01/39	$	5,640,000.00	$	-	$	110,040.00	$	555,360.00	
05/01/40	$	5,640,000.00	$	340,000.00	$	110,040.00		
11/01/40	$	5,300,000.00	$	-	$	104,600.00	$	554,640.00	
05/01/41	$	5,300,000.00	$	350,000.00	$	104,600.00		
11/01/41	$	4,950,000.00	$	-	$	99,000.00	$	553,600.00	
05/01/42	$	4,950,000.00	$	365,000.00	$	99,000.00		
11/01/42	$	4,585,000.00	$	-	$	91,700.00	$	555,700.00	
05/01/43	$	4,585,000.00	$	380,000.00	$	91,700.00		
11/01/43	$	4,205,000.00	$	-	$	84,100.00	$	555,800.00	
05/01/44	$	4,205,000.00	$	395,000.00	$	84,100.00		
11/01/44	$	3,810,000.00	$	-	$	76,200.00	$	555,300.00	
05/01/45	$	3,810,000.00	$	410,000.00	$	76,200.00		
11/01/45	$	3,400,000.00	$	-	$	68,000.00	$	554,200.00	
05/01/46	$	3,400,000.00	$	430,000.00	$	68,000.00		
11/01/46	$	2,970,000.00	$	-	$	59,400.00	$	557,400.00	
05/01/47	$	2,970,000.00	$	445,000.00	$	59,400.00		
11/01/47	$	2,525,000.00	$	-	$	50,500.00	$	554,900.00	
05/01/48	$	2,525,000.00	$	465,000.00	$	50,500.00	$	-	
11/01/48	$	2,060,000.00	$	-	$	41,200.00	$	556,700.00	
05/01/49	$	2,060,000.00	$	485,000.00	$	41,200.00	$	-	
11/01/49	$	1,575,000.00	$	-	$	31,500.00	$	557,700.00	
05/01/50	$	1,575,000.00	$	505,000.00	$	31,500.00	$	-	
11/01/50	$	1,070,000.00	$	-	$	21,400.00	$	557,900.00	
05/01/51	$	1,070,000.00	$	525,000.00	$	21,400.00		
11/01/51	$	545,000.00	$	-	$	10,900.00	$	557,300.00	
05/01/52	$	545,000.00	$	545,000.00	$	10,900.00	$	555,900.00	
			$	10,065,000.00	$	6,783,810.00	$	17,025,470.00	

Astonia
Community Development District

Adopted Budget Debt Service Fund
Series 2021 North Parcel

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
	Description	FY2022	6/30/22	3 Months	9/30/22	FY2023	

Revenues							

Assessments - Direct	$	390,873	$	364,403	
$	26,469	
$	390,873	
$	395,373	
Interest Income	$	-	$	87	$	29	$	116	$	-	
Carry Forward Surplus	$	69,489	$	69,493	$	-	$	69,493	$	126,336	
Total Revenues	$	460,362	$	433,983	$	26,498	$	460,481	$	521,709	

Expenses
Interest- 11/01	

$	69,489	

$	69,489	

$	-	

$	69,489	

$	122,030	
Principal - 05/01	$	145,000	$	145,000	$	-	$	145,000	$	150,000	
Interest - 05/01	$	123,843	$	123,843	$	-	$	123,843	$	122,030	
Total Expenditures	$	338,332	$	338,332	$	-	$	338,332	$	394,060	

Other Financing Sources/(Uses)						

Transfer In/(Out)	$	-	$	4,187	
$	-	
$	4,187	
$	-	
Total Other Financing Sources/(Uses)	$	-	$	4,187	$	-	$	4,187	$	-	

Excess Revenues/(Expenditures)	$	122,030	$	99,838	$	26,498	$	126,336	$	127,649	

*Carry forward less amount in Reserve funds.						
				Series 2021 Interest - 11/01	
	$120,155		
Total 	$120,155	

11/01/22	$	7,010,000.00	$	-	$	122,030.00	$	390,872.50	
05/01/23	$	7,010,000.00	$	150,000.00	$	122,030.00		
11/01/23	$	6,860,000.00	$	-	$	120,155.00	$	392,185.00	
05/01/24	$	6,860,000.00	$	155,000.00	$	120,155.00		
11/01/24	$	6,705,000.00	$	-	$	118,217.50	$	393,372.50	
05/01/25	$	6,705,000.00	$	160,000.00	$	118,217.50		
11/01/25	$	6,380,000.00	$	-	$	116,217.50	$	394,435.00	
05/01/26	$	6,380,000.00	$	165,000.00	$	116,217.50		
11/01/26	$	6,380,000.00	$	-	$	114,155.00	$	395,372.50	
05/01/27	$	6,380,000.00	$	165,000.00	$	114,155.00		
11/01/27	$	6,215,000.00	$	-	$	111,680.00	$	390,835.00	
05/01/28	$	6,215,000.00	$	170,000.00	$	111,680.00		
11/01/28	$	6,045,000.00	$	-	$	109,130.00	$	390,810.00	
05/01/29	$	6,045,000.00	$	175,000.00	$	109,130.00		
11/01/29	$	5,870,000.00	$	-	$	106,505.00	$	390,635.00	
05/01/30	$	5,870,000.00	$	185,000.00	$	106,505.00		
11/01/30	$	5,685,000.00	$	-	$	103,730.00	$	395,235.00	
05/01/31	$	5,685,000.00	$	190,000.00	$	103,730.00		
11/01/31	$	5,495,000.00	$	-	$	100,880.00	$	394,610.00	
05/01/32	$	5,495,000.00	$	195,000.00	$	100,880.00		
11/01/32	$	5,300,000.00	$	-	$	97,760.00	$	393,640.00	
05/01/33	$	5,300,000.00	$	200,000.00	$	97,760.00		
11/01/33	$	5,100,000.00	$	-	$	94,560.00	$	392,320.00	
05/01/34	$	5,100,000.00	$	205,000.00	$	94,560.00		
11/01/34	$	4,895,000.00	$	-	$	91,280.00	$	390,840.00	
05/01/35	$	4,895,000.00	$	215,000.00	$	91,280.00		
11/01/35	$	4,680,000.00	$	-	$	87,840.00	$	394,120.00	

05/01/36	$	4,680,000.00	$	220,000.00	$	87,840.00		
11/01/36	$	4,460,000.00	$	-	$	84,320.00	$	392,160.00	
05/01/37	$	4,460,000.00	$	230,000.00	$	84,320.00		
11/01/37	$	4,230,000.00	$	-	$	80,640.00	$	394,960.00	
05/01/38	$	4,230,000.00	$	235,000.00	$	80,640.00		
11/01/38	$	3,995,000.00	$	-	$	76,880.00	$	392,520.00	
05/01/39	$	3,995,000.00	$	245,000.00	$	76,880.00		
11/01/39	$	3,750,000.00	$	-	$	72,960.00	$	394,840.00	
05/01/40	$	3,750,000.00	$	250,000.00	$	72,960.00		
11/01/40	$	3,500,000.00	$	-	$	68,960.00	$	391,920.00	
05/01/41	$	3,500,000.00	$	260,000.00	$	68,960.00		
11/01/41	$	3,240,000.00	$	-	$	64,800.00	$	393,760.00	
05/01/42	$	3,240,000.00	$	270,000.00	$	64,800.00		
11/01/42	$	2,970,000.00	$	-	$	59,400.00	$	394,200.00	
05/01/43	$	2,970,000.00	$	280,000.00	$	59,400.00		
11/01/43	$	2,690,000.00	$	-	$	53,800.00	$	393,200.00	
05/01/44	$	2,690,000.00	$	290,000.00	$	53,800.00		
11/01/44	$	2,400,000.00	$	-	$	48,000.00	$	391,800.00	
05/01/45	$	2,400,000.00	$	305,000.00	$	48,000.00		
11/01/45	$	2,095,000.00	$	-	$	41,900.00	$	394,900.00	
05/01/46	$	2,095,000.00	$	315,000.00	$	41,900.00		
11/01/46	$	1,780,000.00	$	-	$	35,600.00	$	392,500.00	
05/01/47	$	1,780,000.00	$	330,000.00	$	35,600.00		
11/01/47	$	1,450,000.00	$	-	$	29,000.00	$	394,600.00	
05/01/48	$	1,450,000.00	$	340,000.00	$	29,000.00	$	-	
11/01/48	$	1,110,000.00	$	-	$	22,200.00	$	391,200.00	
05/01/49	$	1,110,000.00	$	355,000.00	$	22,200.00	$	-	
11/01/49	$	755,000.00	$	-	$	15,100.00	$	392,300.00	
05/01/50	$	755,000.00	$	370,000.00	$	15,100.00	$	-	
11/01/50	$	385,000.00	$	-	$	7,700.00	$	392,800.00	
05/01/51	$	385,000.00	$	385,000.00	$	7,700.00	$	392,700.00	

$

7,010,000.00	$

4,510,800.00	$

11,789,642.50