Reunion West
Community Development District
Adopted Budget
FY 2019

 	 	 	 	 	 	 	 	 	 	 	 	 	 	

Table of Contents

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4-12

13-14

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 	General Fund

 	General  Fund Narrative

 	Replacement  & Maintenance Fund

 	Debt Service Fund Series  2004-1

 	Amortization Schedule Series 2004-1

 	Debt Service Fund Series 2015

 	Amortization Schedule Series  2015

 	Debt Service Fund Series 2016

 	Amortization Schedule Series  2016

 	Debt Service Fund Series 2017

22	 	Amortization Schedule Series 2017

		Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
	Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues					
Special Assessments - Tax Collector	$517,848	$587,340	$28	$587,368	$517,848	
Special Assessments - Direct	$536,999	$417,841	$61,150	$478,991	$536,999	
Interest	$0	$5	$0	$5	$0	
Miscellaneous Income	$15,353	$2,272	$1,136	$3,408	$3,749	
Carry Forward Surplus	$0	$0	$0	$0	$110,902	
Total Revenues	$1,070,201	$1,007,457	$62,314	$1,069,771	$1,169,498	

Expenditures					

Administrative					
Supervisor Pay	$12,000	$4,200	$5,000	$9,200	$12,000	
FICA	$918	$321	$383	$704	$918	
Engineering	$8,000	$1,389	$3,361	$4,750	$8,000	
Attorney	$17,000	$4,013	$6,440	$10,453	$17,000	
Trustee Fees	$21,000	$8,728	$12,272	$21,000	$21,000	
Dissemination	$7,500	$7,125	$375	$7,500	$7,500	
Arbitrage	$2,400	$0	$2,400	$2,400	$2,400	
Collection Agent	$7,500	$7,500	$0	$7,500	$7,500	
Property Appraiser Fee	$500	$524	$0	$524	$500	
Annual Audit	$5,100	$6,100	$0	$6,100	$5,200	
Management Fees	$42,984	$32,238	$10,746	$42,984	$44,274	
Information Technology	$2,200	$1,650	$550	$2,200	$2,200	
Telephone	$300	$15	$69	$84	$300	
Postage	$1,000	$529	$255	$784	$1,000	
Printing & Binding	$1,600	$283	$164	$447	$1,600	
General Liability Insurance	$9,400	$8,540	$0	$8,540	$9,400	
Legal Advertising	$1,500	$0	$1,500	$1,500	$1,500	
Other Current Charges	$350	$0	$100	$100	$350	
Office Supplies	$300	$131	$60	$191	$300	
Travel Per Diem	$600	$0	$0	$0	$600	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenses	$142,327	$83,461	$43,675	$127,136	$143,717	

Maintenance - Shared Expenses					
Field Management	$27,636	$20,727	$6,909	$27,636	$31,312	
Management Services Agreement	$0	$0	$0	$0	$0	
Facility Lease Agreement	$21,042	$12,259	$4,086	$16,345	$17,980	
Telephone	$3,200	$2,031	$675	$2,706	$3,740	
Electric	$232,000	$131,934	$43,999	$175,933	$259,600	
Water & Sewer	$30,000	$19,000	$5,983	$24,983	$35,200	
Gas	$30,800	$17,992	$617	$18,609	$33,880	
Pool and Fountain Maintenance	$70,000	$52,460	$18,946	$71,407	$77,000	
Environmental	$4,000	$2,293	$765	$3,058	$4,400	
Property Insurance	$17,400	$16,610	$0	$16,610	$20,130	
Irrigation Repairs & Maintenance	$5,000	$5,107	$1,260	$6,367	$6,600	
Landscape Contract	$310,516	$212,752	$68,557	$281,309	$341,568	
Landscape Contingency	$15,530	$9,362	$3,400	$12,762	$17,083	
Landscape Consulting	$15,600	$18,567	$3,900	$22,467	$17,160	
Gate & Gatehouse Expenses	$12,800	$5,108	$3,000	$8,108	$14,080	
Roadways/Sidewalks/Bridge	$18,560	$71,758	$1,200	$72,958	$22,000	
Lighting	$3,200	$3,075	$0	$3,075	$4,400	
Building Repairs & Maintenance	$16,000	$18,299	$1,200	$19,499	$17,600	
Pressure Washing	$16,000	$7,725	$1,200	$8,925	$8,800	
Maintenance (Inspections)	$700	$252	$309	$561	$770	
Repairs & Maintenance	$0	$0	$1,200	$1,200	$8,800	
Pest Control	$290	$0	$0	$0	$319	
Signage	$1,600	$6,754	$0	$6,754	$1,760	
Security	$56,000	$41,999	$14,000	$55,999	$61,600	
Total Shared Maintenance	$907,874	$676,065	$181,207	$857,272	$1,005,781	

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23

24

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Maintenance - Direct Expenses						

Irrigation System Operations	
$20,000	
$0	
$0	
$0	
$20,000	
Contingency	$0	$5	$0	$5	$0	
Transfer Out - R&M Fund	$0	$0	$0	$0	$0	
			`			
Total Maintenance Expenses	$20,000	$5	$0	$5	$20,000	
						
Total Expenses	$1,070,201	$759,531	$224,882	$984,413	$1,169,498	
						
Excess Revenues (Expenditures)	($0)	$247,926	($162,568)	$85,358	$0	

Net Assessments	$1,054,848	
Add: Discounts & Collections	 	$67,331 	
Gross Assessments	$1,122,178	

Notes:
(1 thru 24) is 40% of the shared costs with the remaining 60% allocated to Reunion East for FY18. For FY19, the proposed allocation will be 44% of the shared costs for Reunion West with the remaining 56% allocated to Reunion East,

FY 2018
Budget	FY 2018
Projections	Total Prop 2019 Budget	Reunion East 56%	Reunion West 44%	
$69,090	$69,090	$71,163	$39,851	$31,312	
$0	$0	$0	$0	$0	
$52,604	$40,864	$40,864	$22,884	$17,980	
$8,000	$8,154	$8,500	$4,760	$3,740	
$580,000	$580,450	$590,000	$330,400	$259,600	
$75,000	$79,506	$80,000	$44,800	$35,200	
$77,000	$53,976	$77,000	$43,120	$33,880	
$175,000	$176,135	$175,000	$98,000	$77,000	
$10,000	$7,645	$10,000	$5,600	$4,400	
$43,500	$41,524	$45,750	$25,620	$20,130	
$12,500	$15,917	$15,000	$8,400	$6,600	
$776,290	$712,631	$776,290	$434,722	$341,568	
$38,825	$31,904	$38,825	$21,742	$17,083	
$39,000	$56,168	$39,000	$21,840	$17,160	
$32,000	$20,271	$32,000	$17,920	$14,080	
$46,400	$182,395	$50,000	$28,000	$22,000	
$8,000	$7,681	$10,000	$5,600	$4,400	
$40,000	$48,749	$40,000	$22,400	$17,600	
$40,000	$22,313	$20,000	$11,200	$8,800	
$1,750	$1,403	$1,750	$980	$770	
$0	$3,000	$20,000	$11,200	$8,800	
$725	$0	$725	$406	$319	
$4,000	$15,239	$4,000	$2,240	$1,760	
$140,000	$139,999	$140,000	$78,400	$61,600	
$2,269,684	$2,315,013	$2,285,867	$1,280,086	$1,005,781	

Shared Costs

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

FISCAL YEAR 2019

Reunion West Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Gross Per Unit
Assessments	
Commercial	1.00	185	185.00	3.88%	$43,572.88	$235.53	
Hotel/Condo	1.00	1,000	1,000.00	20.99%	$235,529.10	$235.53	
Multi-Family	1.50	827	1,240.50	26.04%	$292,173.84	$353.29	
Single-Family	2.00	1,157	2,314.00	48.57%	$545,014.33	$471.06	
Golf	1.00	25	25.00	0.52%	$5,888.23	$235.53	
		3,194	4,764.50	100.00%	$1,122,178.38		

FISCAL YEAR 2018

Reunion West Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Gross Per Unit
Assessments	
Commercial	1.00	185	185.00	3.88%	$43,572.88	$235.53	
Hotel/Condo	1.00	1,000	1,000.00	20.99%	$235,529.08	$235.53	
Multi-Family	1.50	827	1,240.50	26.04%	$292,173.82	$353.29	
Single-Family	2.00	1,157	2,314.00	48.57%	$545,014.29	$471.06	
Golf	1.00	25	25.00	0.52%	$5,888.23	$235.53	
		3,194	4,764.50	100.00%	$1,122,178.30		

GROSS PER UNIT ASSESSMENT COMPARISON CHART

Product Type	FY2015
Gross Per Unit Assessments	FY2016
Gross Per Unit Assessments	FY2017
Gross Per Unit Assessments	FY2018
Gross Per Unit Assessments	FY2019
Gross Per Unit Assessments	
Increase/ (Decrease)	
Commercial	$155.85	$208.97	$208.97	$235.53	$235.53	$0.00	
Hotel/Condo	$155.85	$208.97	$208.97	$235.53	$235.53	$0.00	
Multi-Family	$233.77	$213.45	$213.45	$353.29	$353.29	$0.00	
Single-Family	$311.70	$417.93	$417.93	$471.06	$471.06	$0.00	
Golf	$155.85	$208.97	$208.97	$235.53	$235.53	$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 directly to the property owners.

Miscellaneous Income
Any additional funds generated by the District.

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 2004-1 Special Assessment Bonds, Series 2015 Special Assessment Refunding & Improvement Bonds, Series 2016 Special Assessment Bonds and Series 2017 Special Assessments Bonds (Assessment Area 4) 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.

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.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Special Assessment Bonds and Special Assessment Refunding and Improvement 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.

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

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 McDirmit, Davis & Co. 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
Represents reimbursed costs to Board Members for 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:

40% of the maintenance costs are allocated to Reunion West and 60% are allocated to Reunion East during Fiscal Year 2018. The District is proposing an allocation of 44% of the maintenance costs to Reunion West and 56% to Reunion East during Fiscal Year 2019. 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 The Reunion Club of Orlando, LLC for management and operations of certain District facilities. Per executed agreement, fees for 2016 calendar year are eliminated.

Facility Lease Agreement
The District has entered into a multi-party agreement, Reunion Landscaping and Maintenance Facility Lease Agreement, with Citicommunities, LLC and Reunion East 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 a service for the pool buildings’ and horse stables 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
44278-43387	7715 Heritage Crossing Way, Clubhouse
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)

7500 Mourning Dove Cir Irrig (Terraces) 000 Old Lake Wilson Rd Lite, Ph2 Parcel 13
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)
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

74202 21313
77166 33105
77412 10389
79838 47399
80748 99057
82014 88555
82133 02524
90531 74565
92541 35155
92906 18477
95096 13119
04868 87236
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.

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

1715158842
2007210430
5752592741
5948185633

Infinite Energy Service Address

Account #

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

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.

Landscape Consulting
Represents costs to provide consulting services that would include managing all aspects of the landscape program. Amount based on proposal by SunScape Consulting, Inc.

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.

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

Maintenance – Direct Expenses

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

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues						
Transfer In	$0	$0	$0	$0	$0	
Interest	$3,000	$17,544	$2,456	$20,000	$3,000	
Total Revenues	$3,000	$17,544	$2,456	$20,000	$3,000	

Expenditures						

Building Improvements	
$40,000	
$8,098	
$35,886	
$43,984	$79,200 1	
Fountain Improvements	$0	$0	$0	$0	$11,000 2	
Monument Improvements	$0	$0	$60,000	$60,000	$11,000 3	
Pool Furniture	$4,800	$5,200	$0	$5,200	$5,280 4	
Pool Repair & Replacements	$21,200	$4,240	$7,697	$11,936	$17,600 5	
Lighting Improvements	$0	$1,956	$0	$1,956	$3,520 6	
Landscape Improvements	$50,000	$80,789	$0	$80,789	$59,400 7	
Roadway Improvements		$3,728	$0	$3,728	$4,400 8	
Signage	$4,000	$0	$0	$0	$28,600 9	
Signalization	$60,000	$0	$0	$0	$0	10	
Total Expenditures	$180,000	$104,011	$103,583	$207,594	$220,000		
							
Excess Revenues/(Expenditures)	($177,000)	($86,467)	($101,127)	($187,594)	($217,000)		
							
Fund Balance - Beginning	$1,532,261	$1,520,202	$0	$1,520,202	$1,332,608		
							
Fund Balance - Ending	$1,355,261	$1,433,735	($101,127)	$1,332,608	$1,115,608		

Notes:
(1 thru 10) is 40% of the shared costs with the remaining 60% allocated to Reunion East for FY18. For FY19,  the proposed allocation will  be 44% of the shared costs for Reunion West with the remaining 56% allocated to Reunion East,

FY 2018
Budget	FY 2018
Projections	Total Prop
2019 Budget	Reunion East
56%	Reunion West
44%	
$100,000	$109,960	$180,000	$100,800	$79,200	
$0	$0	$25,000	$14,000	$11,000	
$0	$150,000	$25,000	$14,000	$11,000	
$12,000	$13,000	$12,000	$6,720	$5,280	
$53,000	$29,841	$40,000	$22,400	$17,600	
$0	$4,890	$8,000	$4,480	$3,520	
$125,000	$201,973	$135,000	$75,600	$59,400	
$0	$9,320	$10,000	$5,600	$4,400	
$10,000	$0	$65,000	$36,400	$28,600	
$150,000	$0	$0	$0	$0	
$450,000	$518,984	$500,000	$280,000	$220,000	

Shared Costs

Building Improvements
Fountain Improvements
Monument Improvements
Pool Furniture
Pool Repair & Replacements
Lighting Improvements
Landscape Improvements
Roadway Improvements
Signage
Signalization

FY2018 Remaining Projected Expenses	Amount	
Building Improvements
Heritage Service Solutions	Chemical Clean Roofs, Repairs to Gazebos & Pergolas - Terrace		$5,709 Heritage Service Solutions	Pressure Washing Exterior & Painting - Terraces Buildings	$18,245 Heritage Service Solutions	Pressure Washing Exterior & Painting - Heritage Crossing Ballroo	$21,681 Heritage Service Solutions	Pressure Washing Exterior & Painting - Horse Stables Building	$52,675	

Monument Improvements
6 Monuments - $25,000 per Monument

Pool Furniture
JNJ Home Services	20 Sling Chaise Lounge Chairs - $200 per Chair

Pool Repair & Replacement
Spies Pool	Commercial Sand Filter - Seven Eagles Pool	$98,310

$150,000	
	$150,000

$4,000	
	$4,000

$19,242	
	$19,242	

FY2019 Proposed Expenses	Amount	
Building Improvements
HUFCOR	Recover 46 Panels & 4 Pocket Doors Jurin Roofing Services	Roof Replacement - Seven Eagles

Fountain Improvements
2 Fountains - Grand Traverse	
$37,950
$142,023	
	$179,973

$21,120	
$21,120

Landscape Improvements
Enviro Tree Service	Hardwood Pruning - Various Areas within Districts	$42,900 Frank Garcia Landscaping	Timming of 20 Medjool Palms		$9,500 Yellowstone Landscaping	Plant Installation/Mulch/Tree Pruning/Sod - Horse Sables	$68,800 Sunscape Consulting, inc.	8.5%Fee Project Management Fee & Design Fee - Horse Stable		$8,848	

Pool Furniture
JNJ Home Services	30 Sling Chaise Lounge/16 Sling Dining Chairs/4 - 42" Tables

Pool Repair & Replacement
Spies Pool	2 Pool Heaters - $3,625 per Heater

Signage
Berry Construction Inc.	Repaint Stop Signs & Information Signs - 224 Signs	$130,048

$11,630	
	$11,630

$7,250	
	$7,250

$63,840	
	$63,840	

Reunion West
Community Development District Adopted Budget
Debt Service - Series 2004-1
Fiscal Year 2019

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues						
Special Assessments - Tax Collector	$1,336,719	$1,358,621	$64	$1,358,685	$1,336,719	
Interest Income	$300	$9,758	$1,242	$11,000	$500	
Carry Forward Surplus	$564,457	$570,392	$0	$570,392	$592,889	
Total Revenue	$1,901,476	$1,938,771	$1,306	$1,940,077	$1,930,108	

Expenditures						
Series 2004-1
Interest Expense 11/01	
$463,594	
$463,594	
$0	
$463,594	
$450,469	
Principal Expense 05/01	$420,000	$420,000	$0	$420,000	$445,000	
Interest Expense 05/01	$463,594	$463,594	$0	$463,594	$450,469	
Total Expenses	$1,347,188	$1,347,188	$0	$1,347,188	$1,345,938	
						
Excess Revenues (Expenditures)	$554,289	$591,583	$1,306	$592,889	$584,170	

11/1/2019 Interest	$436,563	
Net Assessments	$1,336,719	
Add: Discounts & Collections	 	$80,364 	
Gross Assessments	 	$1,417,083 	

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Gross Per Unit
Assessments	
Single-Family	2.00	711	1422.00	98.27%	$1,392,600	$1,958.65	
Golf	1.00	25	25.00	1.73%	$24,483	$979.32	
		736	1447.00	100.00%	$1,417,083		

Reunion West
Community Development District Series 2004-1 Special Assessment Bonds Debt Service Schedule
AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
						
11/01/18	$14,415,000.00	6.250%	$0	$	450,468.75	$450,469	
05/01/19	$14,415,000.00	6.250%	$445,000	$	450,468.75		
11/01/19	$13,970,000.00	6.250%	$0	$	436,562.50	$	1,332,031.25	
05/01/20	$13,970,000.00	6.250%	$475,000	$	436,562.50		
11/01/20	$13,495,000.00	6.250%	$0	$	421,718.75	$	1,333,281.25	
05/01/21	$13,495,000.00	6.250%	$505,000	$	421,718.75		
11/01/21	$12,990,000.00	6.250%	$0	$	405,937.50	$	1,332,656.25	
05/01/22	$12,990,000.00	6.250%	$540,000	$	405,937.50		
11/01/22	$12,450,000.00	6.250%	$0	$	389,062.50	$	1,335,000.00	
05/01/23	$12,450,000.00	6.250%	$575,000	$	389,062.50		
11/01/23	$11,875,000.00	6.250%	$0	$	371,093.75	$	1,335,156.25	
05/01/24	$11,875,000.00	6.250%	$610,000	$	371,093.75		
11/01/24	$11,265,000.00	6.250%	$0	$	352,031.25	$	1,333,125.00	
05/01/25	$11,265,000.00	6.250%	$650,000	$	352,031.25		
11/01/25	$10,615,000.00	6.250%	$0	$	331,718.75	$	1,333,750.00	
05/01/26	$10,615,000.00	6.250%	$695,000	$	331,718.75		
11/01/26	$9,920,000.00	6.250%	$0	$	310,000.00	$	1,336,718.75	
05/01/27	$9,920,000.00	6.250%	$735,000	$	310,000.00		
11/01/27	$9,185,000.00	6.250%	$0	$	287,031.25	$	1,332,031.25	
05/01/28	$9,185,000.00	6.250%	$785,000	$	287,031.25		
11/01/28	$8,400,000.00	6.250%	$0	$	262,500.00	$	1,334,531.25	
05/01/29	$8,400,000.00	6.250%	$835,000	$	262,500.00		
11/01/29	$7,565,000.00	6.250%	$0	$	236,406.25	$	1,333,906.25	
05/01/30	$7,565,000.00	6.250%	$890,000	$	236,406.25		
11/01/30	$6,675,000.00	6.250%	$0	$	208,593.75	$	1,335,000.00	
05/01/31	$6,675,000.00	6.250%	$945,000	$	208,593.75		
11/01/31	$5,730,000.00	6.250%	$0	$	179,062.50	$	1,332,656.25	
05/01/32	$5,730,000.00	6.250%	$1,010,000	$	179,062.50		
11/01/32	$4,720,000.00	6.250%	$0	$	147,500.00	$	1,336,562.50	
05/01/33	$4,720,000.00	6.250%	$1,070,000	$	147,500.00		
11/01/33	$3,650,000.00	6.250%	$0	$	114,062.50	$	1,331,562.50	
05/01/34	$3,650,000.00	6.250%	$1,140,000	$	114,062.50		
11/01/34	$2,510,000.00	6.250%	$0	$	78,437.50	$	1,332,500.00	
05/01/35	$2,510,000.00	6.250%	$1,215,000	$	78,437.50		
11/01/35	$1,295,000.00	6.250%	$0	$	40,468.75	$	1,333,906.25	
05/01/36	$1,295,000.00	6.250%	$1,295,000	$	40,468.75	$	1,335,468.75	
			$14,415,000	$	10,045,312.50	$	24,460,312.50	

Reunion West
Community Development District Adopted Budget
Debt Service - Series 2015
Fiscal Year 2019

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues						
Special Assessments	$326,875	$333,393	$16	$333,409	$326,875	
Interest	$0	$2,340	$410	$2,750	$100	
Carry Forward Surplus	$134,677	$136,485	$0	$136,485	$143,381	
Total Revenue	$461,552	$472,218	$426	$472,644	$470,356	

Expenditures						
Series 2015						
Interest Expense 11/01	$94,631	$94,631	$0	$94,631	$92,181	
Principal Expense 05/01	$140,000	$140,000	$0	$140,000	$145,000	
Interest Expense 05/01	$94,631	$94,631	$0	$94,631	$92,181	
Total Expenses	$329,263	$329,263	$0	$329,263	$329,363	
						
Excess Revenues (Expenditures)	$132,290	$142,956	$426	$143,381	$140,994	

11/1/2019 Interest	$89,644

Reunion West Community Development District
Series 2015 Special Assessment Refunding & Improvement Bonds Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/18	$3,880,000.00	$0	$	92,181.25	$92,181	
05/01/19	$3,880,000.00	$145,000	$	92,181.25		
11/01/19	$3,735,000.00	$0	$	89,643.75	$	326,825.00	
05/01/20	$3,735,000.00	$150,000	$	89,643.75		
11/01/20	$3,585,000.00	$0	$	86,456.25	$	326,100.00	
05/01/21	$3,585,000.00	$155,000	$	86,456.25		
11/01/21	$3,430,000.00	$0	$	83,162.50	$	324,618.75	
05/01/22	$3,430,000.00	$160,000	$	83,162.50		
11/01/22	$3,270,000.00	$0	$	79,762.50	$	322,925.00	
05/01/23	$3,270,000.00	$170,000	$	79,762.50		
11/01/23	$3,100,000.00	$0	$	76,150.00	$	325,912.50	
05/01/24	$3,100,000.00	$175,000	$	76,150.00		
11/01/24	$2,925,000.00	$0	$	72,431.25	$	323,581.25	
05/01/25	$2,925,000.00	$185,000	$	72,431.25		
11/01/25	$2,740,000.00	$0	$	68,500.00	$	325,931.25	
05/01/26	$2,740,000.00	$190,000	$	68,500.00		
11/01/26	$2,550,000.00	$0	$	63,750.00	$	322,250.00	
05/01/27	$2,550,000.00	$200,000	$	63,750.00		
11/01/27	$2,350,000.00	$0	$	58,750.00	$	322,500.00	
05/01/28	$2,350,000.00	$210,000	$	58,750.00		
11/01/28	$2,140,000.00	$0	$	53,500.00	$	322,250.00	
05/01/29	$2,140,000.00	$225,000	$	53,500.00		
11/01/29	$1,915,000.00	$0	$	47,875.00	$	326,375.00	
05/01/30	$1,915,000.00	$235,000	$	47,875.00		
11/01/30	$1,680,000.00	$0	$	42,000.00	$	324,875.00	
05/01/31	$1,680,000.00	$245,000	$	42,000.00		
11/01/31	$1,435,000.00	$0	$	35,875.00	$	322,875.00	
05/01/32	$1,435,000.00	$260,000	$	35,875.00		
11/01/32	$1,175,000.00	$0	$	29,375.00	$	325,250.00	
05/01/33	$1,175,000.00	$275,000	$	29,375.00		
11/01/33	$900,000.00	$0	$	22,500.00	$	326,875.00	
05/01/34	$900,000.00	$285,000	$	22,500.00		
11/01/34	$615,000.00	$0	$	15,375.00	$	322,875.00	
05/01/35	$615,000.00	$300,000	$	15,375.00		
11/01/35	$315,000.00	$0	$	7,875.00	$	323,250.00	
05/01/36	$315,000.00	$315,000	$	7,875.00	$	322,875.00	
		$3,880,000	$	2,050,325.00	$5,930,325.00	

Reunion West
Community Development District Adopted Budget
Debt Service - Series 2016
Fiscal Year 2019

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues						
Special Assessments	$549,750	$552,894	$26	$552,920	$549,750	
Special Assessments - Prepayment	$0	$60,627	$0	$60,627	$0	
Interest	$0	$985	$140	$1,125	$0	
Carry Forward Surplus	$354,469	$479,277	$0	$479,277	$365,497	
Total Revenue	$904,219	$1,093,782	$166	$1,093,948	$915,247	

Expenditures						
Series 2016						
Special Call 11/01	$0	$120,000	$0	$120,000	$0	
Interest Expense 11/01	$203,725	$205,186	$0	$205,186	$196,706	
Principal Expense 11/01	$140,000	$140,000	$0	$140,000	$145,000	
Interest Expense 05/01	$201,188	$198,266	$0	$198,266	$194,078	
Special Call 05/01	$0	$65,000	$0	$65,000	$0	
Total Expenses	$544,913	$728,452	$0	$728,452	$535,784	
						
Excess Revenues (Expenditures)	$359,307	$365,331	$166	$365,497	$379,462	

11/1/2019 Principal	$145,000 11/1/2019 Interest 	$194,078 
$339,078

Reunion West Community Development District
Series 2016 Special Assessment Bonds
Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/18	$8,175,000.00	$145,000	$	196,706.25	$	341,706.25	
05/01/19	$8,030,000.00	$0	$	194,078.13		
11/01/19	$8,030,000.00	$145,000	$	194,078.13	$	533,156.25	
05/01/20	$7,885,000.00	$0	$	191,450.00		
11/01/20	$7,885,000.00	$155,000	$	191,450.00	$	537,900.00	
05/01/21	$7,730,000.00	$0	$	188,640.63		
11/01/21	$7,730,000.00	$160,000	$	188,640.63	$	537,281.25	
05/01/22	$7,570,000.00	$0	$	185,140.63		
11/01/22	$7,570,000.00	$165,000	$	185,140.63	$	535,281.25	
05/01/23	$7,405,000.00	$0	$	181,531.25		
11/01/23	$7,405,000.00	$170,000	$	181,531.25	$	533,062.50	
05/01/24	$7,235,000.00	$0	$	177,812.50		
11/01/24	$7,235,000.00	$180,000	$	177,812.50	$	535,625.00	
05/01/25	$7,055,000.00	$0	$	173,875.00		
11/01/25	$7,055,000.00	$185,000	$	173,875.00	$	532,750.00	
05/01/26	$6,870,000.00	$0	$	169,828.13		
11/01/26	$6,870,000.00	$195,000	$	169,828.13	$	534,656.25	
05/01/27	$6,675,000.00	$0	$	165,562.50		
11/01/27	$6,675,000.00	$205,000	$	165,562.50	$	536,125.00	
05/01/28	$6,470,000.00	$0	$	161,078.13		
11/01/28	$6,470,000.00	$215,000	$	161,078.13	$	537,156.25	
05/01/29	$6,255,000.00	$0	$	156,375.00		
11/01/29	$6,255,000.00	$220,000	$	156,375.00	$	532,750.00	
05/01/30	$6,035,000.00	$0	$	150,875.00		
11/01/30	$6,035,000.00	$235,000	$	150,875.00	$	536,750.00	
05/01/31	$5,800,000.00	$0	$	145,000.00		
11/01/31	$5,800,000.00	$245,000	$	145,000.00	$	535,000.00	
05/01/32	$5,555,000.00	$0	$	138,875.00		
11/01/32	$5,555,000.00	$255,000	$	138,875.00	$	532,750.00	
05/01/33	$5,300,000.00	$0	$	132,500.00		
11/01/33	$5,300,000.00	$270,000	$	132,500.00	$	535,000.00	
05/01/34	$5,030,000.00	$0	$	125,750.00		
11/01/34	$5,030,000.00	$285,000	$	125,750.00	$	536,500.00	
05/01/35	$4,745,000.00	$0	$	118,625.00		
11/01/35	$4,745,000.00	$300,000	$	118,625.00	$	537,250.00	
05/01/36	$4,445,000.00	$0	$	111,125.00		
11/01/36	$4,445,000.00	$315,000	$	111,125.00	$	537,250.00	
05/01/37	$4,130,000.00	$0	$	103,250.00		
11/01/37	$4,130,000.00	$330,000	$	103,250.00	$	536,500.00	
05/01/38	$3,800,000.00	$0	$	95,000.00		
11/01/38	$3,800,000.00	$345,000	$	95,000.00	$	535,000.00	
05/01/39	$3,455,000.00	$0	$	86,375.00		
11/01/39	$3,455,000.00	$360,000	$	86,375.00	$	532,750.00	
05/01/40	$3,095,000.00	$0	$	77,375.00		
11/01/40	$3,095,000.00	$380,000	$	77,375.00	$	534,750.00	
05/01/41	$2,715,000.00	$0	$	67,875.00		
11/01/41	$2,715,000.00	$400,000	$	67,875.00	$	535,750.00	
05/01/42	$2,315,000.00	$0	$	57,875.00		
11/01/42	$2,315,000.00	$420,000	$	57,875.00	$	535,750.00	
05/01/43	$1,895,000.00	$0	$	47,375.00		
11/01/43	$1,895,000.00	$440,000	$	47,375.00	$	534,750.00	
05/01/44	$1,455,000.00	$0	$	36,375.00		
11/01/44	$1,455,000.00	$460,000	$	36,375.00	$	532,750.00	
05/01/45	$995,000.00	$0	$	24,875.00		
11/01/45	$995,000.00	$485,000	$	24,875.00	$	534,750.00	
05/01/46	$510,000.00	$0	$	12,750.00		
11/01/46	$510,000.00	$510,000	$	12,750.00	$	535,500.00	
		$8,175,000	$	7,151,200.00	$	15,326,200.00	

Reunion West
Community Development District Adopted Budget
Debt Service - Series 2017
Fiscal Year 2019

	Adopted
Budget	Actual
thru	Projected
Next 3	Total
thru	Adopted
Budget	
Description	FY2018	6/30/18	Months	9/30/18	FY2019	

Revenues						
Special Assessments	$509,250	$515,632	$15	$515,646	$509,250	
Special Assessments - Prepayment	$0	$31,653	$0	$31,653	$0	
Interest	$0	$568	$182	$750	$0	
Carry Forward Surplus	$94,036	$94,053	$0	$94,053	$362,060	
Total Revenue	$603,286	$641,906	$197	$642,102	$871,310	

Expenditures						
Series 2017						
Special Call 11/01	$0	$0	$0	$0	$30,000	
Interest Expense 11/01	$94,036	$94,036	$0	$94,036	$186,006	
Principal Expense 11/01	$0	$0	$0	$0	$135,000	
Interest Expense 05/01	$186,006	$186,006	$0	$186,006	$183,644	
Total Expenses	$280,043	$280,043	$0	$280,043	$534,650	
						
Excess Revenues (Expenditures)	$323,243	$361,863	$197	$362,060	$336,660	

11/1/2019 Principal		$140,000 11/1/2019 Interest 	$183,644 
$323,644

Reunion West Community Development District
Series 2017 Special Assessment Bonds (Assessment Area 4) Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/18	$7,945,000.00	$135,000.00	$186,006.25	$321,006.25	
05/01/19	$7,810,000.00	$0.00	$183,643.75		
11/01/19	$7,810,000.00	$140,000.00	$183,643.75	$507,287.50	
05/01/20	$7,670,000.00	$0.00	$181,193.75		
11/01/20	$7,670,000.00	$145,000.00	$181,193.75	$507,387.50	
05/01/21	$7,525,000.00	$0.00	$178,656.25		
11/01/21	$7,525,000.00	$150,000.00	$178,656.25	$507,312.50	
05/01/22	$7,375,000.00	$0.00	$176,031.25		
11/01/22	$7,375,000.00	$155,000.00	$176,031.25	$507,062.50	
05/01/23	$7,220,000.00	$0.00	$173,318.75		
11/01/23	$7,220,000.00	$160,000.00	$173,318.75	$506,637.50	
05/01/24	$7,060,000.00	$0.00	$169,918.75		
11/01/24	$7,060,000.00	$165,000.00	$169,918.75	$504,837.50	
05/01/25	$6,895,000.00	$0.00	$166,412.50		
11/01/25	$6,895,000.00	$175,000.00	$166,412.50	$507,825.00	
05/01/26	$6,720,000.00	$0.00	$162,693.75		
11/01/26	$6,720,000.00	$180,000.00	$162,693.75	$505,387.50	
05/01/27	$6,540,000.00	$0.00	$158,868.75		
11/01/27	$6,540,000.00	$190,000.00	$158,868.75	$507,737.50	
05/01/28	$6,350,000.00	$0.00	$154,831.25		
11/01/28	$6,350,000.00	$195,000.00	$154,831.25	$504,662.50	
05/01/29	$6,155,000.00	$0.00	$150,687.50		
11/01/29	$6,155,000.00	$205,000.00	$150,687.50	$506,375.00	
05/01/30	$5,950,000.00	$0.00	$145,818.75		
11/01/30	$5,950,000.00	$215,000.00	$145,818.75	$506,637.50	
05/01/31	$5,735,000.00	$0.00	$140,712.50		
11/01/31	$5,735,000.00	$225,000.00	$140,712.50	$506,425.00	
05/01/32	$5,510,000.00	$0.00	$135,368.75		
11/01/32	$5,510,000.00	$235,000.00	$135,368.75	$505,737.50	
05/01/33	$5,275,000.00	$0.00	$129,787.50		
11/01/33	$5,275,000.00	$245,000.00	$129,787.50	$504,575.00	
05/01/34	$5,030,000.00	$0.00	$123,968.75		
11/01/34	$5,030,000.00	$260,000.00	$123,968.75	$507,937.50	
05/01/35	$4,770,000.00	$0.00	$117,793.75		
11/01/35	$4,770,000.00	$270,000.00	$117,793.75	$505,587.50	
05/01/36	$4,500,000.00	$0.00	$111,381.25		
11/01/36	$4,500,000.00	$285,000.00	$111,381.25	$507,762.50	
05/01/37	$4,215,000.00	$0.00	$104,612.50		
11/01/37	$4,215,000.00	$300,000.00	$104,612.50	$509,225.00	
05/01/38	$3,915,000.00	$0.00	$97,487.50		
11/01/38	$3,915,000.00	$310,000.00	$97,487.50	$504,975.00	
05/01/39	$3,605,000.00	$0.00	$90,125.00		
11/01/39	$3,605,000.00	$325,000.00	$90,125.00	$505,250.00	
05/01/40	$3,280,000.00	$0.00	$82,000.00		
11/01/40	$3,280,000.00	$345,000.00	$82,000.00	$509,000.00	
05/01/41	$2,935,000.00	$0.00	$73,375.00		
11/01/41	$2,935,000.00	$360,000.00	$73,375.00	$506,750.00	
05/01/42	$2,575,000.00	$0.00	$64,375.00		
11/01/42	$2,575,000.00	$380,000.00	$64,375.00	$508,750.00	
05/01/43	$2,195,000.00	$0.00	$54,875.00		
11/01/43	$2,195,000.00	$395,000.00	$54,875.00	$504,750.00	
05/01/44	$1,800,000.00	$0.00	$45,000.00		
11/01/44	$1,800,000.00	$415,000.00	$45,000.00	$505,000.00	
05/01/45	$1,385,000.00	$0.00	$34,625.00		
11/01/45	$1,385,000.00	$440,000.00	$34,625.00	$509,250.00	
05/01/46	$945,000.00	$0.00	$23,625.00		
11/01/46	$945,000.00	$460,000.00	$23,625.00	$507,250.00	
05/01/47	$485,000.00	$0.00	$12,125.00		
11/01/47	$485,000.00	$485,000.00	$12,125.00	$509,250.00	
		$7,945,000	$7,072,631.25	$15,017,631.25