Reunion East
Community Development District
Adopted Budget
FY 2021

 	 	 	 	 	 	 	 	 	 	 	 	 	 	

Table of Contents

1-3

4-12

13-15

16

17

18

19

20

21

22

23

 	General Fund

 	General  Fund Narrative

 	Replacement    & Maintenance Fund

 	Debt Service Fund Series 2015A

 	Amortization Schedule Series  2015A

 	Debt Service Fund Series 2015-1

 	Amortization Schedule Series 2015-1

 	Debt Service Fund Series 2015-2

 	Amortization Schedule Series 2015-2

 	Debt Service Fund Series 2015-3

 	Amortization Schedule Series 2015-3

Reunion East
Community Development District Adopted   Budget General Fund
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						

Special Assessments - Tax Collector	
$1,417,679	
$1,471,581	
$0	
$1,471,581	
$1,417,679	
Special Assessments - Direct	$600,993	$482,137	$118,856	$600,993	$600,993	
Interest	$750	$381	$299	$680	$750	
Miscellaneous Income	$0	$2,481	$26	$2,507	$0	
Total Revenues	$2,019,422	$1,956,580	$119,181	$2,075,760	$2,019,422	

Expenditures						

Administrative						

Supervisor Pay	
$12,000	
$7,800	
$5,000	
$12,800	
$12,000	
FICA	$918	$597	$383	$979	$918	
Engineering	$15,000	$5,463	$3,873	$9,336	$15,000	
Attorney	$35,000	$30,336	$4,664	$35,000	$35,000	
Trustee Fees	$17,500	$0	$17,500	$17,500	$17,500	
Arbitrage	$3,600	$600	$3,600	$4,200	$3,600	
Collection Agent	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination	$10,000	$8,500	$5,000	$13,500	$10,000	
Property Appraiser Fee	$1,000	$502	$0	$502	$1,000	
Property Taxes	$400	$295	$0	$295	$400	
Annual Audit	$5,200	$5,578	$3,000	$8,578	$5,600	
District Management Fees	$44,275	$33,206	$22,137	$55,344	$44,275	
Information Technology	$3,400	$1,650	$1,100	$2,750	$2,200	
Telephone	$300	$7	$93	$100	$300	
Postage	$3,500	$857	$368	$1,225	$1,500	
Printing & Binding	$2,500	$542	$505	$1,047	$1,500	
General Liability Insurance	$14,800	$13,789	$0	$13,789	$15,200	
Legal Advertising	$1,500	$3,354	$830	$4,184	$2,500	
Other Current Charges	$600	$0	$200	$200	$600	
Office Supplies	$500	$117	$103	$220	$500	
Travel Per Diem	$500	$0	$125	$125	$500	
Dues, Licenses & Subscriptions	$175	$175
.	$0	$175	$175	
Administrative Expenses	$177,668	$118,367	$68,481	$186,848	$175,268	

Maintenance - Shared Expenses						

Field Maintenance	
$39,851	
$29,888	
$9,963	
$39,851	$37,005 1	
Management Services Agreement	$0	$0	$13,650	$13,650	$21,125 2	
Facility Lease Agreement	$22,884	$17,163	$5,721	$22,884	$21,249 3	
Telephone	$4,760	$3,849	$1,266	$5,115	$4,836 4	
Electric	$341,600	$235,126	$84,000	$319,126	$317,200 5	
Water & Sewer	$44,800	$25,242	$8,400	$33,642	$41,600 6	
Gas	$43,120	$18,987	$1,500	$20,487	$40,040 7	
Pool & Fountain Maintenance	$100,800	$86,480	$27,000	$113,480	$117,000 8	
Environmental	$5,600	$3,230	$1,077	$4,306	$5,200 9	
Property Insurance	$25,620	$24,950	$0	$24,950	$25,740 10	
Irrigation Repairs & Maintenance	$8,400	$8,130	$1,800	$9,930	$7,800 11	
Landscape Contract	$434,722	$327,470	$91,041	$418,511	$403,671 12	
Landscape Contingency	$28,000	$12,087	$7,500	$19,587	$26,000 13	
Landscape Consulting	$21,840	$10,785	$0	$10,785	$0 14	
Gate and Gatehouse Expenses	$17,920	$6,496	$8,400	$14,896	$16,640 15	
Roadways/Sidewalks/Bridge	$28,000	$5,116	$5,600	$10,716	$26,000 16	
Lighting	$5,600	$1,124	$2,376	$3,500	$5,200 17	
Building Repairs & Maintenance	$14,000	$1,512	$1,680	$3,192	$13,000 18	
Pressure Washing	$19,600	$20,020	$0	$20,020	$18,200 19	
Maintenance (Inspections)	$980	$418	$110	$528	$910 20	
Repairs & Maintenance	$11,200	$2,430	$750	$3,180	$10,400 21	
Pest Control	$406	$0	$0	$0	$377 22	
Signage	$4,480	$24,404	$0	$24,404	$13,000 23	
Security	$78,400	$58,800	$19,600	$78,400	$72,800 24	
Parking Violation Tags	$0	$15	$0	$15	$260 25	
Total Maintenance Shared	$1,302,583	$923,722	$291,433	$1,215,155	$1,245,253		

Reunion East
Community Development District Adopted   Budget General Fund
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
Thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Heritage Crossing Community Center						
Landscape Maintenance	$16,000	$6,131	$0	$6,131	$0	
Telephone	$1,500	$726	$0	$726	$0	
Electric	$25,000	$10,961	$0	$10,961	$0	
Water & Sewer	$2,500	$1,023	$0	$1,023	$0	
Gas	$350	$165	$0	$165	$0	
Contract Cleaning	$10,000	$4,675	$0	$4,675	$0	
Maintenance (Inspections)	$1,250	$968	$0	$968	$0	
Pest Control	$0	$0	$0	$0	$0	
Total HC Community Center Shared	$56,600	$24,649	$0	$24,649	$0	

Maintenance - Direct Expenses						
Irrigation System Operations	$100,000	$0	$0	$0	$100,000	
Transfer Out - R&M Fund	$382,571	$382,571	$0	$382,571	$498,902	
Total Maintenance Expenses	$482,571	$382,571	$0	$382,571	$598,902	
						
Total Expenses	$2,019,422	$1,449,309	$359,914	$1,809,223	$2,019,422	
						
Excess Revenues (Expenditures)	$0	$507,271	($240,733)	$266,538	$0	

Net Assessments	
$2,024,761	
Add: Discounts & Collections	 	$129,240 	
Gross Assessments	$2,154,001	

Notes:
(1 thru 25) is 56% of the shared costs with the remaining 44% allocated  to  Reunion  West for FY20. For FY21, the proposed  allocation  will be 52% of the shared costs for Reunion East with the remaining 48% allocated to Reunion West.

FY 2020
Budget	FY 2020
Projections	Total Adopted 2021 Budget	Reunion East 52%	Reunion West 48%	
$71,163	$71,163	$71,163	$37,005	$34,158	
$0	$24,375	$40,625	$21,125	$19,500	
$40,864	$40,864	$40,864	$21,249	$19,615	
$8,500	$8,940	$9,300	$4,836	$4,464	
$610,000	$569,473	$610,000	$317,200	$292,800	
$80,000	$59,932	$80,000	$41,600	$38,400	
$77,000	$36,584	$77,000	$40,040	$36,960	
$180,000	$202,729	$225,000	$117,000	$108,000	
$10,000	$7,690	$10,000	$5,200	$4,800	
$45,750	$44,554	$49,500	$25,740	$23,760	
$15,000	$17,364	$15,000	$7,800	$7,200	
$776,290	$747,537	$776,290	$403,671	$372,619	
$50,000	$34,979	$50,000	$26,000	$24,000	
$39,000	$19,260	$0	$0	$0	
$32,000	$26,599	$32,000	$16,640	$15,360	
$50,000	$19,133	$50,000	$26,000	$24,000	
$10,000	$6,251	$10,000	$5,200	$4,800	
$25,000	$5,700	$25,000	$13,000	$12,000	
$35,000	$35,750	$35,000	$18,200	$16,800	
$1,750	$943	$1,750	$910	$840	
$20,000	$5,679	$20,000	$10,400	$9,600	
$725	$0	$725	$377	$348	
$8,000	$43,578	$25,000	$13,000	$12,000	
$140,000	$140,000	$140,000	$72,800	$67,200	
$0	$27	$500	$260	$240	
$2,326,042	$2,169,104	$2,394,717	$1,245,253	$1,149,464	

Shared Costs

Field Maintenance
Management Services Agreement
Facility Lease Agreement
Telephone
Electric
Water & Sewer
Gas
Pool & Fountain Maintenance
Environmental
Property Insurance
Irrigation Repairs & Maintenance 12 Landscape Contract
Landscape Contingency
Landscape Consulting
Gate and Gatehouse Expenses 16 Roadways/Sidewalks/Bridge
Lighting
Building Repairs & Maintenance 19 Pressure Washing
20 Maintenance (Inspections) 21  Repairs  &   Maintenance 22 Pest Control
Signage
Security
Parking Violation Tags

FISCAL YEAR 2021

Reunion East Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per  Unit Gross
Assessments	
Commercial	1.00	751	751.38	14.76%	$317,860	$423.03	
Hotel/Condo	1.00	296	296.00	5.81%	$125,218	$423.03	
Multi-Family	1.50	1293	1939.50	38.09%	$820,476	$634.55	
Single-Family	2.00	1051	2102.00	41.28%	$889,220	$846.07	
Golf	1.00	2.90	2.90	0.06%	$1,227	$423.03	
		3,394	5091.78	100.00%	$2,154,001		

FISCAL YEAR 2020

Reunion East Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per  Unit Gross
Assessments	
Commercial	1.00	751	751.38	14.76%	$317,860	$423.03	
Hotel/Condo	1.00	296	296.00	5.81%	$125,218	$423.03	
Multi-Family	1.50	1293	1939.50	38.09%	$820,476	$634.55	
Single-Family	2.00	1051	2102.00	41.28%	$889,220	$846.07	
Golf	1.00	2.90	2.90	0.06%	$1,227	$423.03	
		3,394	5091.78	100.00%	$2,154,001		

GROSS PER UNIT ASSESSMENT COMPARISON CHART

Product Type	FY2017
Gross Per Unit Assessments	FY2018
Gross Per Unit Assessments	FY2019
Gross Per Unit Assessments	FY2020
Gross Per Unit Assessments	FY2021
Gross Per Unit Assessments	
Increase/ (Decrease)	
Commercial	$327.63	$327.63	$327.63	$423.03	$423.03	$0.00	
Hotel/Condo	$327.63	$327.63	$327.63	$423.03	$423.03	$0.00	
Multi-Family	$491.45	$491.45	$491.45	$634.55	$634.55	$0.00	
Single-Family	$655.27	$655.27	$655.27	$846.07	$846.07	($0.00)	
Golf	$327.63	$327.63	$327.63	$423.03	$423.03	$0.00	

REVENUES:

Special Assessments – Tax Collector
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund all general operating and maintenance expenditures for the fiscal year. These assessments are billed on tax bills.

Special Assessments – Direct
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund all general operating and maintenance expenditures for the fiscal year. The District levies these assessments directly to the property owners.

Interest
The District generates funds off of invested funds.

EXPENDITURES:

Administrative:

Supervisor Pay
Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated $200 per meeting, not to exceed $4,800 per year to each Supervisor for the time devoted to District business and meetings. Amount is based on attendance of 5 Supervisors at 12 monthly Board meetings.

FICA Expenses
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering
The District’s engineer, Boyd Civil Engineering, will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, preparation of contract specifications and bid documents, and various projects assigned by the Board of Supervisors and District Manager.

Attorney
The District’s legal counsel, Latham, Shuker, Eden & Beaudine, will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing operating and maintenance contracts, etc.

Trustee Fees
The District issued Series 2015A, 2015-1, 2015-2 & 2015-3 Special Assessment Refunding Bonds, which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2002A-2, 2005, 2015A, 2015-1, 2015-2 & 2015-3 Bonds. The District has contracted with Grau & Associates to calculate the rebate liability and submit a report to the District.

Collection Agent
These are expenses related to administering the Annual Assessments on the tax roll with the Osceola County Tax Collector.

Dissemination
The District is required by the Securities and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services, LLC, the District’s bond underwriter, to provide this service.

Property Appraiser Fee
Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes
Represents estimated fees charged by the Osceola County Tax Collector’s Office for all assessable property within the District.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District hired Grau & Associates to audit the financials records.

District Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. (“Manager”) These services include, but are not limited to, advertising, recording and transcribing of Board meetings, administrative services, budget preparation, financial reporting and assisting with annual audits.

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

Telephone
Telephone and fax machine costs incurred by Manager.

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc. costs incurred by Manager.

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

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

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

Other Current Charges
Bank charges, County Assessment Fees and any other miscellaneous expenses that are incurred during the year.

Office Supplies
Miscellaneous office supplies.

Travel Per Diem
Costs for Board Members attendance at meetings.

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

Maintenance:

56% of the maintenance costs are allocated to Reunion East and 44% are allocated to Reunion West during Fiscal Year 2020. The District is proposing an allocation of 52% of the maintenance costs to Reunion East and 48% to Reunion West during Fiscal Year 2021. The maintenance costs are considered shared costs between the two districts and are allocated based on the number of platted equivalent assessment units (EAUs) in each district in accordance with the Interlocal Agreement between Reunion East and Reunion West regarding the joint maintenance and reciprocal usage of facilities.

Field Management
The District currently has a contract with Governmental Management Services-CF, LLC to provide field management services.

Management Service Agreement
Management Service Agreement between the District and Kingwood Orlando Reunion Resort, LLC for management and operations of certain District facilities.

Facility Lease Agreement
The District has entered into a multi-party agreement, Reunion Landscaping and Maintenance Facility Lease Agreement, with Citicommunities, LLC and Reunion West CDD. The District will be responsible for a percentage of the approximately 28% allocated to Reunion East and Reunion West per the agreement.

Telephone
This is for service for the pool buildings’ and horse stable phone lines.

Account #	Centurylink Service Address	
311194330	7621 Heritage Crossing Way	
311194956	7500 Morning Dove Circle	
312323516	7599 Gathering Drive	
311906997	7475 Gathering Drive	
425626040	1590 Reunion Boulevard	

Electric
The District has electrical accounts with Duke Energy and OUC for the recreation facilities, streetlights and other District areas.

Account #	Duke Energy Service Address
05350 66347	7722 Excitement Dr Spkl, Reunion
05481 84194	7500 Mourning Dove Cir Bath (Terraces)
05699 66436	7477 Excitement Dr Spkl
08152 59495	1300 Reunion Blvd, Irrigation
08929 00579	900 Assembly Ct Spkl 900 Blk
09554 73426	7399 Gathering Dr, Irrigation
13564 01487	7475 Gathering Dr, Pool (Homestead Pool)
15026 22032	000 Heritage Xing Lite (98-Heritage Crossing St. Lights) 16017 33396	7500 Gathering Dr, Irrigation Timer
17197 83455	1535 Euston Dr Spkl
17349 22403	1400 Titian Ct Spkl
17441 33552	7400 Excitement Dr Security Control
22603 50590	7200 Reunion Blvd, Irr Timer
23752 82252	15221 Fairview Circle Fountain
24612 68522	00 Excitement Dr Lite Light Ph2 Pr3 (40-Patriots Landing St. Lights) 24936 47164	000 Centre Court Ridge Dr Lite (33-Centre Court Ridge St. Lights) 29830 75316	7400 Excitement Dr Lite
33595 72430	000 Seven Eagles Ct, Seven Eagles Lights (21 Tenon Conc/24 HH Trdrop 12000L) 33668 23497	1350 S Old Lake Wilson Rd (Spine Rd/Hwy 545 Gatehouse)
33785 01399	7621 Heritage Crossing Way, Pool
33933 31268	7300 Mourning Dove Cir, Irrigation (Terraces)
34570 89532	7700 Osceola Polk Line Rd, Irrg. Timer
36942-43567	1590 Reunion Blvd, Horse Stable
38275 58442	7421 Devereaux St Spkl
38751 20196	7600 Tradition Blvd, Irrigation Meter A
41812 50273	7477 Gathering Dr Spkl
44472 28386	000 Assembly Ct Lite, Carriage Point (27-Carriage Pointe Assembly Ct. St. Lights) 55539 91473	7600 Heritage Crossing Way Pump
59862 73513	7500 Seven Eagles Way Spkl
65222 56575	7693 Heritage Cross. Way Poolhouse
68727 88500	1400 Reunion Blvd Spkl, Irrigation
68791 86264	000 Whitemarsh Way Lite (94-Masters Landing, Legends Corner St. Lights) 68900 18289	7585 Assembly Ln, Pool (Carriage Pointe)
74202 21313	7500 Mourning Dove Cir Irrig (Terraces)
77166 33105	000 Old Lake Wilson Rd Lite, Ph2 Parcel 13
77412 10389	0 Old Lake Wilson Rd Lite Ph2 Prcl 1A (26-Excitement Dr. St. Lights)

1300 Seven Eagles Ct, Fountain
0 Old Lake Wilson Rd Lite PH1 Prcl 1 (112-Homestead St. Lights) 7427 Sparkling Ct Spkl
7700 Linkside Loop Spkl
0 Old Lake Wilson Rd Lite PH2 Prcl 1 (10-Excitement Dr. St. Lights) 7755 Osceola Polk Line Rd,Gatehouse (Main Gatehouse)
7600 Tradition Blvd, Irrigation Meter C 700 Desert Mountain Ct Lift
000 Reunion Blvd Traditions Blvd (30-Traditions Blvd St. Lights) 84401 Golden Bear Drive Fountain
700 Tradition Blvd Guardhouse (Westside Gatehouse)
000 Reunion Blvd Par78 (Grand Traverse Pkwy) (69-Westside of RW Streets) 7800 Tradition Blvd Irrig Meter B
300 Sinclair Rd Irrig Meter A
7800 Tradition Blvd Irrig Meter A

79838 47399
80748 99057
82014 88555
82133 02524
90531 74565
92541 35155
92906 18477
95096 13119
04868 87236
15627 52104
30882 19259
33100 16279
64824 62462
92245 38200
97194 91147

Duke Energy Service Address

Account #

7855 Osceola Polk Line Rd
Sinclair Rd

76305-72865
95820-59007

OUC Service Address

Account #

Water & Sewer
The District has accounts with Toho Water Authority for water and wastewater services to the pools, pool buildings, guardhouses, horse stables and other District areas.

Account #	Toho Water Authority Service Address	
2000680-818450	7755 Reunion Blvd Guardhouse	
2000680-823950	7300 Osceola Polk Line Rd Bldg 1	
2000680-823960	7300 Osceola Polk Line Rd Bldg 2	
2000680-887520	7475 Gathering Dr Pool	
2000680-888050	7621 Heritage Crossing Way PoolB	
2000680-888070	7693 Heritage Crossing Way Pool	
2000680-888280	7585 Assembly Ln Pool	
2000680-892560	1590 Reunion Blvd, Stable	
2000680-897400	7700 Osceola Polk Line Rd	
2000680-925360	7500 Mourning Dove Cir Irrig	
2000680-940460	7500 Mourning Dove Cir Bath	
2000680-942790	1350 S Old Lake Wilson Rd Grdhouse	
2007070-942780	700 Tradition Blvd Guardhouse	

Gas
This item represents utility service costs for gas service at the community pools. The District has accounts with TECO and Infinite Energy for this service.

Account #	Teco Peoples Gas Service Address	
211010319849	7693 Heritage Crossing Way	
211010400144	7621 Heritage Crossing Way	
211010400342	7585 Assembly Ln	
211010400532	7475 Gathering Dr	

Heritage Crossing Pool A Heritage Crossing Pool B Homestead Pool
Carriage Point Pool

1715158842
2007210430
5752592741
5948185633

Infinite Energy Service Address

Account #

Pool & Fountain Maintenance
Scheduled maintenance consists of regular cleaning and treatments of pools and fountains, cleaning of pool buildings and emergency phones. Pools are maintained in accordance to Osceola County Health Department codes.

Environmental
The District currently has a contract with Applied Aquatic Management Inc., which provides lake maintenance to all the lakes inside the Reunion East and West CDDs. These services include monthly inspections and treatment of aquatic weeds and algae, herbicide spraying, and algae control and removal. The amount also includes unscheduled maintenance. In addition, there are budgeted cost for the future treatment and maintenance of Conservation Areas Easements including Wetland Preservation, Upland Preservation, and Upland Buffers of approximately 294 acres.

Property Insurance
Represents the District’s share of the annual coverage of property insurance. Coverage is provided by Florida Insurance Alliance.

Irrigation Repairs & Maintenance
Represents the District expense for maintenance of the irrigation system.

Landscape Contract
The District currently has a contract with Yellowstone Landscape for scheduled maintenance consisting of mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer and pest and disease control and chemicals.

Landscape Contingency
Represents estimated costs for any additional landscape maintenance not covered/outlined in the contract with Yellowstone Landscape.

Gate & Gatehouse Expenses
Amounts based upon estimated expenditures for any repairs and maintenance to entry gates and gatehouse.

Roadways/Sidewalks/Bridge
Represents estimated expenditures for any maintenance of roadways, sidewalks and bridge. A portion of amount is based on proposal from Don Bo, Inc. for sidewalk grinding and replacement.

Lighting
Represents costs for lighting repair scheduled during the fiscal year.

Building Repairs & Maintenance
Repairs for properties covered under the Management Services Agreement.

Pressure Washing
Estimated cost to pressure wash certain buildings and guardhouses owned by the District. Amount is based on a proposal by AB Pressure Washing.

Maintenance (Inspections)
Represents quarterly sprinkler inspections, annual fire backflow and domestic backflow inspections and any unforeseen repairs at the Horse Stables.

Repairs & Maintenance
Represents estimated costs for any unforeseen repairs and maintenance to the common areas.

Pest Control
Represents monthly and quarterly pest services as well as quarterly termite services for the Horse Stables.

Signage
Represents estimated costs for repairing/maintaining signs within the District.

Security
Security services throughout the District facilities. Costs are based upon the actual security agreements with the District.

Parking Violation Tags
Represents estimated costs for purchase of parking violation tags.

Maintenance – Direct Expenses

Irrigation System Operations
Represents estimated net operating expenses for irrigation system serving CDD and POA common areas and Golf Course.

Transfer Out – R&M Fund
Represents proposed amount to transfer to Replacement & Maintenance Fund.

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						
Transfer In	$382,571	$382,571	$0	$382,571	$498,902	
Interest	$25,000	$30,447	$3,000	$33,447	$25,000	
Total Revenues	$407,571	$413,018	$3,000	$416,018	$523,902	

Expenditures						

Building Improvements	
$117,600	
$10,844	
$113,561	
$124,405	$109,200 1	
Fountain Improvements	$14,000	$0	$0	$0	$13,000 2	
Gate/Gatehouse Improvements	$5,600	$0	$0	$0	$52,000 3	
Monument Inprovements	$14,000	$21,661	$0	$21,661	$13,000 4	
Pool Furniture	$8,400	$7,918	$0	$7,918	$13,000 5	
Pool Repair & Replacements	$47,600	$9,796	$19,937	$29,733	$44,200 6	
Lighting Improvements	$4,480	$0	$0	$0	$4,160 7	
Landscape Improvements	$140,000	$39,454	$16,640	$56,094	$104,000 8	
Roadway Improvements	$8,680	$10,581	$10,495	$21,077	$13,000 9	
Signage	$28,000	$0	$19,130	$19,130	$52,000 10	
Contingency	$0	$30,105	$6,714	$36,819	$26,000	11	
Total Expenditures	$388,360	$130,359	$186,477	$316,836	$443,560		
							
Excess Revenues/(Expenditures)	$19,211	$282,660	($183,477)	$99,182	$80,342		
							
Fund Balance - Beginning	$2,934,206	$3,183,567	$0	$3,183,567	$3,282,749		
							
Fund Balance - Ending	$2,953,417	$3,466,226	($183,477)	$3,282,749	$3,363,091		

Notes:
(1 thru 11) is 56% of the shared costs with the remaining 44% allocated to Reunion West for FY20. For FY21, the proposed allocation will be 52% of the shared costs for Reunion East with the remaining 48% allocated to Reunion West.

FY 2020
Budget	FY 2020
Projections	Total Adopted
2021 Budget	Reunion East
52%	Reunion West
48%	
$210,000	$227,344	$210,000	$109,200	$100,800	
$25,000	$0	$25,000	$13,000	$12,000	
$10,000	$0	$100,000	$52,000	$48,000	
$25,000	$38,680	$25,000	$13,000	$12,000	
$15,000	$14,140	$25,000	$13,000	$12,000	
$85,000	$53,094	$85,000	$44,200	$40,800	
$8,000	$0	$8,000	$4,160	$3,840	
$250,000	$100,167	$200,000	$104,000	$96,000	
$15,500	$37,636	$25,000	$13,000	$12,000	
$50,000	$34,160	$100,000	$52,000	$48,000	
$0	$65,762	$50,000	$26,000	$24,000	
$693,500	$570,984	$853,000	$443,560	$409,440	

Shared Costs

Building Improvements
Fountain Improvements
Gate/Gatehouse Improvements
Monuments Improvements
Pool Furniture
Pool Repair & Replacements
Lighting Improvements
Landscape Improvements
Roadway Improvements 10 Signage
11 Contingency

FY2020 Proposed Expenses (Updated)	Amount	
Building Improvements
Kingwood Orlando Reunion Resort Interior/Exterior Painting - Horse Stables
Kingwood Orlando Reunion Resort Exterior Painting - Heritage Crossing Community Center
HCCC Kitchen Renovations
Roof Replacement - Heritage Crossing Way

Landscape Improvements
Enviro Tree Service	Hardwood Pruning - Tree Removal
Enviro Tree Service	Hardwood Pruning - Tree Removal Yellowstone Landscaping	Excitement Drive Elm Removals
Yellowstone Landscaping	Gathering Drive/Linear Park Roadway Plant Upgrade Yellowstone Landscaping	Heritage Crossing Plant Upgrade
Yellowstone Landscaping	Homestead Jasmine Replacement Yellowstone Landscaping	Main Entrance Palm Replacement Yellowstone Landscaping	Reunion Blvd & 532 Juniper Replacement Yellowstone Landscaping	Reunion Traffic Circle Jasmine Replacement Yellowstone Landscaping	Terraces Pool Plant Upgrades

Pool Furniture
JNJ Home Services	30 Sling Chaise Lounge/24 Sling Dining Chairs/6 - 48" Tables

Pool Repair & Replacement
Spies Pool	Seven Eagles 2 Spas Pool Resurfacing
Spies Pool	Heritage Crossing B Spa Resurfacing
Spies Pool	2 Pool Heaters - $4,152 per Heater
Spies Pool	Heritage Crossing B Pool Resurfacing

Signage
Purchase & Installation of 44 Street Signs	
$42,000
$17,000
$40,000
$157,588	
	$256,588

$9,775
$14,200
$8,032
$31,878
$38,056
$2,055
$12,476
$7,268
$3,628
$6,459	
	$133,826

$14,040	
	$14,040

$10,000
$6,587
$8,304
$29,015	
	$53,906

$34,160	
	$34,160	

FY2021 Proposed Expenses	Amount	
Building Improvements
Heritage Service Solutions LLC       Main Guardhouse Structure & Portico - Pressure Wash, Paint, Stucc	$9,245 Heritage Service Solutions LLC        Spine Rd Structure & Portico -  Pressure Wash, Paint, Stucco	$8,450 Heritage Service Solutions LLC        Carriage Pointe Pool - Pressure Wash, Paint, Stucco	$7,895
Heritage Service Solutions LLC        Heritage Pool "A" - Pressure Wash, Paint, Stucco	$8,245
Heritage Service Solutions LLC        Heritage Pool "B" - Pressure Wash, Paint, Stucco	$8,245
Heritage Service Solutions LLC        Homestead Pool - Pressure Wash, Paint Stucco	$7,895
Heritage Service Solutions LLC        Repair/Rebuild Two Roadway Arbors	$9,390	

Gate/Gatehouse Improvements
Access Control Technologies	Upgradge Access Control System	$59,365

$75,485	
$75,485

Landscape Improvements
Yellowstone Landscaping	Main Entrance Gatehouse Front & Large Island Back of Gatehouse	$9,680 Yellowstone Landscaping	Front of Spine Rd Gatehouse - Flax Lily & Indian Hawthorne Remov	$2,720 Yellowstone Landscaping	Homestead Monument Sign  Island Bed - Ligustrum Trees	$1,040 Yellowstone Landscaping	Spine Rd Island Beds	$9,134 Yellowstone Landscaping	Liberty Bluff Back Entrance & Island Tip  - Replace Jasmine	$2,685	

Pool Furniture
JNJ Home Services	60 Sling Chaise Lounge/24 Sling Dining Chairs/6 - 48" Tables

Pool Repair & Replacement
Spies Pool	Heritage Crossing A Wading Pool Resurfacing
Spies Pool	2 Pool Heaters - $4,152 per Heater
Spies Pool	Heritage Crossing A Pool Resurfacing

Signage
Fausnight Stripe & Line	190 No Parking Signs	$25,259

$23,220	
	$23,220

$5,295
$8,304
$30,882	
	$44,481

$60,800	
	$60,800	

Reunion East
Community Development District Adopted Budget
Series 2015A Debt Service
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						
Special Assessments	$2,568,595	$2,605,287		$0	$2,605,287	$2,568,595	
Interest Income	$1,000	$10,044		$6	$10,050	$500	
Carry Forward Surplus	$891,203	$910,621		$0	$910,621	$923,909	
Total Revenue	$3,460,798	$3,525,953		$6	$3,525,959	$3,493,004	

Expenditures						
Interest Expense 11/01	$641,025	$641,025		$0	$641,025	$614,625	
Principal Expense 05/01	$1,320,000	$1,320,000		$0	$1,320,000	$1,375,000	
Interest Expense 05/01	$641,025	$641,025		$0	$641,025	$614,625	
Total Expenses	$2,602,050	$2,602,050		$0	$2,602,050	$2,604,250	
						
EXCESS REVENUES	$858,748	$923,903		$6	$923,909	$888,754	
				
11/1/2021 Interest	
$580,250	
				Net Assessments	$2,568,595	
Add: Discounts & Collections 		$163,953 Gross Assessments 	$2,732,548 

Reunion East Projected EAU Calculation 2015A		
			Total	% of	Total	Per Unit Gross	
Product Type	EAU	Units	EAU	EAU	Assessments	Assessments	
Commercial	1.00	58.78	58.78	1.67%	$45,654	$777	
Multi-Family	1.50	1,287.00	1,930.50	54.87%	$1,499,407	$1,165	
Single-Family	2.00	763.00	1,526.00	43.37%	$1,185,234	$1,553	
Golf	1.00	2.90	2.90	0.08%	$2,252	$777	
		2,111.68	3,518.18	100.00%	$2,732,548		

Reunion East Community Development District
Series 2015A Special Assessment Refunding Bonds Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/20	$24,600,000.00	$0	$	614,625.00	$614,625	
05/01/21	$24,600,000.00	$1,375,000	$	614,625.00		
11/01/21	$23,225,000.00	$0	$	580,250.00	$	2,569,875.00	
05/01/22	$23,225,000.00	$1,450,000	$	580,250.00		
11/01/22	$21,775,000.00	$0	$	544,000.00	$	2,574,250.00	
05/01/23	$21,775,000.00	$1,525,000	$	544,000.00		
11/01/23	$20,250,000.00	$0	$	505,875.00	$	2,574,875.00	
05/01/24	$20,250,000.00	$1,600,000	$	505,875.00		
11/01/24	$18,650,000.00	$0	$	465,875.00	$	2,571,750.00	
05/01/25	$18,650,000.00	$1,685,000	$	465,875.00		
11/01/25	$16,965,000.00	$0	$	423,750.00	$	2,574,625.00	
05/01/26	$16,965,000.00	$1,765,000	$	423,750.00		
11/01/26	$15,200,000.00	$0	$	379,625.00	$	2,568,375.00	
05/01/27	$15,200,000.00	$1,855,000	$	379,625.00		
11/01/27	$13,345,000.00	$0	$	333,250.00	$	2,567,875.00	
05/01/28	$13,345,000.00	$1,955,000	$	333,250.00		
11/01/28	$11,390,000.00	$0	$	284,375.00	$	2,572,625.00	
05/01/29	$11,390,000.00	$2,055,000	$	284,375.00		
11/01/29	$9,335,000.00	$0	$	233,000.00	$	2,572,375.00	
05/01/30	$9,335,000.00	$2,160,000	$	233,000.00		
11/01/30	$7,175,000.00	$0	$	179,000.00	$	2,572,000.00	
05/01/31	$7,175,000.00	$2,270,000	$	179,000.00		
11/01/31	$4,905,000.00	$0	$	122,250.00	$	2,571,250.00	
05/01/32	$4,905,000.00	$2,385,000	$	122,250.00		
11/01/32	$2,520,000.00	$0	$	62,625.00	$	2,569,875.00	
05/01/33	$2,520,000.00	$2,505,000	$	62,625.00	$	2,567,625.00	
		$24,585,000	$	9,457,000.00	$34,042,000	

Reunion East
Community Development District Adopted Budget
Series 2015-1 Debt Service
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						
Special Assessments	$225,370	$181,392	$47,887	$229,279	$228,765	
Interest	$1,000	$15,168	$7	$15,175	$100	
Carry Forward Surplus	$4,470,778	$4,472,055	$0	$4,472,055	$205,248	
Total Revenue	$4,697,148	$4,668,614	$47,894	$4,716,508	$434,113	

Expenditures						
Special Call 11/01	$4,150,000	$4,150,000	$0	$4,150,000	$0	
Interest Expense 11/01	$204,105	$204,105	$0	$204,105	$64,185	
Principal Expense 05/01	$90,000	$90,000	$0	$90,000	$100,000	
Interest Expense 05/01	$67,155	$67,155	$0	$67,155	$64,185	
Total Expenses	$4,511,260	$4,511,260	$0	$4,511,260	$228,370	
						
Excess Revenues (Expenditures)	$185,888	$157,354	$47,894	$205,248	$205,743	

11/1/2021 Interest	$60,885

Net Annual	Net Annual	Net Annual	
Description	Series 2015-1	Series 2015-2	Series 2015-3	
0C30	$	5,053	$	-	$	-	
Tax Roll	$	26,531	$	-	$	-	
FD30	$	133,942	$	153,379	$	68,334	
FD20	$	57,603	$	65,971	$	29,654	
Citi Comm.	$	5,636	$	6,455	$	-	
01C0(Revised Net)	$	-	$	367,720	$	231,508	
Total	$	228,765	$	593,525	$	329,496	

Reunion East Community Development District
Series 2015-1 Special Assessment Refunding Bonds Debt Service Schedule
AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
						
11/01/20	$1,945,000.00	6.600%	$0.00	$64,185.00	$64,185.00	
05/01/21	$1,945,000.00	6.600%	$100,000.00	$64,185.00		
11/01/21	$1,845,000.00	6.600%	$0.00	$60,885.00	$225,070.00	
05/01/22	$1,845,000.00	6.600%	$105,000.00	$60,885.00		
11/01/22	$1,740,000.00	6.600%	$0.00	$57,420.00	$223,305.00	
05/01/23	$1,740,000.00	6.600%	$110,000.00	$57,420.00		
11/01/23	$1,630,000.00	6.600%	$0.00	$53,790.00	$221,210.00	
05/01/24	$1,630,000.00	6.600%	$120,000.00	$53,790.00		
11/01/24	$1,510,000.00	6.600%	$0.00	$49,830.00	$223,620.00	
05/01/25	$1,510,000.00	6.600%	$130,000.00	$49,830.00		
11/01/25	$1,380,000.00	6.600%	$0.00	$45,540.00	$225,370.00	
05/01/26	$1,380,000.00	6.600%	$135,000.00	$45,540.00		
11/01/26	$1,245,000.00	6.600%	$0.00	$41,085.00	$221,625.00	
05/01/27	$1,245,000.00	6.600%	$145,000.00	$41,085.00		
11/01/27	$1,100,000.00	6.600%	$0.00	$36,300.00	$222,385.00	
05/01/28	$1,100,000.00	6.600%	$155,000.00	$36,300.00		
11/01/28	$945,000.00	6.600%	$0.00	$31,185.00	$222,485.00	
05/01/29	$945,000.00	6.600%	$165,000.00	$31,185.00		
11/01/29	$780,000.00	6.600%	$0.00	$25,740.00	$221,925.00	
05/01/30	$780,000.00	6.600%	$175,000.00	$25,740.00		
11/01/30	$605,000.00	6.600%	$0.00	$19,965.00	$220,705.00	
05/01/31	$605,000.00	6.600%	$190,000.00	$19,965.00		
11/01/31	$415,000.00	6.600%	$0.00	$13,695.00	$223,660.00	
05/01/32	$415,000.00	6.600%	$200,000.00	$13,695.00		
11/01/32	$215,000.00	6.600%	$0.00	$7,095.00	$220,790.00	
05/01/33	$215,000.00	6.600%	$215,000.00	$7,095.00	$222,095.00	
			$1,945,000.00	$1,013,430.00	$2,958,430.00	

Reunion East
Community Development District Adopted Budget
Series 2015-2 Debt Service
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						
Special Assessments	$593,440	$443,946	$149,494	$593,440	$593,525	
Interest	$1,000	$8,114	$6	$8,120	$250	
Carry Forward Surplus	$1,825,115	$1,826,957	$0	$1,826,957	$228,728	
Total Revenue	$2,419,555	$2,279,017	$149,500	$2,428,518	$822,503	

Expenditures						
Special Call 11/01	$1,550,000	$1,550,000	$0	$1,550,000	$0	
Interest Expense 11/01	$250,470	$250,470	$0	$250,470	$192,720	
Principal Expense 05/01	$200,000	$200,000	$0	$200,000	$215,000	
Interest Expense 05/01	$199,320	$199,320	$0	$199,320	$192,720	
Total Expenses	$2,199,790	$2,199,790	$0	$2,199,790	$600,440	
						
Excess Revenues (Expenditures)	$219,765	$79,227	$149,500	$228,728	$222,063	

11/1/2021 Interest	$185,625

Net Annual	Net Annual	Net Annual	
Description	Series 2015-1	Series 2015-2	Series 2015-3	
0C30	$	5,053	$	-	$	-	
Tax Roll	$	26,531	$	-	$	-	
FD30	$	133,942	$	153,379	$	68,334	
FD20	$	57,603	$	65,971	$	29,654	
Citi Comm.	$	5,636	$	6,455	$	-	
01C0(Revised Net)	$	-	$	367,720	$	231,508	
Total	$	228,765	$	593,525	$	329,496	

Reunion East Community Development District
Series 2015-2 Special Assessment Refunding Bonds Debt Service Schedule
AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
						
11/01/20	$5,840,000.00	6.600%	$0.00	$192,720.00	$192,720.00	
05/01/21	$5,840,000.00	6.600%	$215,000.00	$192,720.00		
11/01/21	$5,625,000.00	6.600%	$0.00	$185,625.00	$593,345.00	
05/01/22	$5,625,000.00	6.600%	$225,000.00	$185,625.00		
11/01/22	$5,400,000.00	6.600%	$0.00	$178,200.00	$588,825.00	
05/01/23	$5,400,000.00	6.600%	$245,000.00	$178,200.00		
11/01/23	$5,155,000.00	6.600%	$0.00	$170,115.00	$593,315.00	
05/01/24	$5,155,000.00	6.600%	$260,000.00	$170,115.00		
11/01/24	$4,895,000.00	6.600%	$0.00	$161,535.00	$591,650.00	
05/01/25	$4,895,000.00	6.600%	$275,000.00	$161,535.00		
11/01/25	$4,620,000.00	6.600%	$0.00	$152,460.00	$588,995.00	
05/01/26	$4,620,000.00	6.600%	$295,000.00	$152,460.00		
11/01/26	$4,325,000.00	6.600%	$0.00	$142,725.00	$590,185.00	
05/01/27	$4,325,000.00	6.600%	$315,000.00	$142,725.00		
11/01/27	$4,010,000.00	6.600%	$0.00	$132,330.00	$590,055.00	
05/01/28	$4,010,000.00	6.600%	$340,000.00	$132,330.00		
11/01/28	$3,670,000.00	6.600%	$0.00	$121,110.00	$593,440.00	
05/01/29	$3,670,000.00	6.600%	$360,000.00	$121,110.00		
11/01/29	$3,310,000.00	6.600%	$0.00	$109,230.00	$590,340.00	
05/01/30	$3,310,000.00	6.600%	$385,000.00	$109,230.00		
11/01/30	$2,925,000.00	6.600%	$0.00	$96,525.00	$590,755.00	
05/01/31	$2,925,000.00	6.600%	$410,000.00	$96,525.00		
11/01/31	$2,515,000.00	6.600%	$0.00	$82,995.00	$589,520.00	
05/01/32	$2,515,000.00	6.600%	$440,000.00	$82,995.00		
11/01/32	$2,075,000.00	6.600%	$0.00	$68,475.00	$591,470.00	
05/01/33	$2,075,000.00	6.600%	$470,000.00	$68,475.00		
11/01/33	$1,605,000.00	6.600%	$0.00	$52,965.00	$591,440.00	
05/01/34	$1,605,000.00	6.600%	$500,000.00	$52,965.00		
11/01/34	$1,105,000.00	6.600%	$0.00	$36,465.00	$589,430.00	
05/01/35	$1,105,000.00	6.600%	$535,000.00	$36,465.00		
11/01/35	$570,000.00	6.600%	$0.00	$18,810.00	$590,275.00	
05/01/36	$570,000.00	6.600%	$570,000.00	$18,810.00	$588,810.00	
			$5,840,000.00	$3,804,570.00	$9,644,570.00	

Reunion East
Community Development District Adopted Budget
Series 2015-3 Debt Service
Fiscal Year 2021

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2020	6/30/20	Months	9/30/20	FY2021	

Revenues						
Special Assessments	$336,265	$250,045	$86,220	$336,265	$329,496	
Interest	$500	$528	$2	$530	$100	
Carry Forward Surplus	$104,353	$104,541	$0	$104,541	$105,366	
Total Revenue	$441,118	$355,114	$86,222	$441,336	$434,962	

Expenditures						
Interest Expense 11/01	$100,485	$100,485	$0	$100,485	$96,030	
Principal Expense 05/01	$135,000	$135,000	$0	$135,000	$145,000	
Interest Expense 05/01	$100,485	$100,485	$0	$100,485	$96,030	
Total Expenses	$335,970	$335,970	$0	$335,970	$337,060	
						
Excess Revenues (Expenditures)	$105,148	$19,144	$86,222	$105,366	$97,902	

11/1/2021 Interest	$91,245

Net Annual	Net Annual	Net Annual	
Description	Series 2015-1	Series 2015-2	Series 2015-3	
0C30	$	5,053	$	-	$	-	
Tax Roll	$	26,531	$	-	$	-	
FD30	$	133,942	$	153,379	$	68,334	
FD20	$	57,603	$	65,971	$	29,654	
Citi Comm.	$	5,636	$	6,455	$	-	
01C0(Revised Net)	$	-	$	367,720	$	231,508	
Total	$	228,765	$	593,525	$	329,496	

Reunion East Community Development District
Series 2015-3 Special Assessment Refunding Bonds Debt Service Schedule
AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
						
11/01/20	$2,910,000.00	6.600%	$0.00	$96,030.00	$96,030.00	
05/01/21	$2,910,000.00	6.600%	$145,000.00	$96,030.00		
11/01/21	$2,765,000.00	6.600%	$0.00	$91,245.00	$332,275.00	
05/01/22	$2,765,000.00	6.600%	$155,000.00	$91,245.00		
11/01/22	$2,610,000.00	6.600%	$0.00	$86,130.00	$332,375.00	
05/01/23	$2,610,000.00	6.600%	$165,000.00	$86,130.00		
11/01/23	$2,445,000.00	6.600%	$0.00	$80,685.00	$331,815.00	
05/01/24	$2,445,000.00	6.600%	$180,000.00	$80,685.00		
11/01/24	$2,265,000.00	6.600%	$0.00	$74,745.00	$335,430.00	
05/01/25	$2,265,000.00	6.600%	$190,000.00	$74,745.00		
11/01/25	$2,075,000.00	6.600%	$0.00	$68,475.00	$333,220.00	
05/01/26	$2,075,000.00	6.600%	$205,000.00	$68,475.00		
11/01/26	$1,870,000.00	6.600%	$0.00	$61,710.00	$335,185.00	
05/01/27	$1,870,000.00	6.600%	$215,000.00	$61,710.00		
11/01/27	$1,655,000.00	6.600%	$0.00	$54,615.00	$331,325.00	
05/01/28	$1,655,000.00	6.600%	$230,000.00	$54,615.00		
11/01/28	$1,425,000.00	6.600%	$0.00	$47,025.00	$331,640.00	
05/01/29	$1,425,000.00	6.600%	$250,000.00	$47,025.00		
11/01/29	$1,175,000.00	6.600%	$0.00	$38,775.00	$335,800.00	
05/01/30	$1,175,000.00	6.600%	$265,000.00	$38,775.00		
11/01/30	$910,000.00	6.600%	$0.00	$30,030.00	$333,805.00	
05/01/31	$910,000.00	6.600%	$285,000.00	$30,030.00		
11/01/31	$625,000.00	6.600%	$0.00	$20,625.00	$335,655.00	
05/01/32	$625,000.00	6.600%	$300,000.00	$20,625.00		
11/01/32	$325,000.00	6.600%	$0.00	$10,725.00	$331,350.00	
05/01/33	$325,000.00	6.600%	$325,000.00	$10,725.00	$335,725.00	
			$2,910,000.00	$1,521,630.00	$4,431,630.00