Reunion West Community Development District

Agenda October 12, 2017

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Reunion West
Community Development District

135 W. Central Blvd., Suite 320, Orlando FL, 32801
Phone: 407-841-5524 - Fax: 407-839-1526

October 5, 2017

Board of Supervisors Reunion West Community Development District
Dear Board Members:
The special meeting of the Board of Supervisors of the Reunion West Community Development District will be held Thursday, October 12, 2017 at 12:30 .m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, FL. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of the Minutes of the September 14, 2017 Meeting
Ratification of Conveyance of Public Infrastructure in Areas Platted as Reunion West Phase 2 East, Phase 2A West, Phase 2B West and Reunion West Fairway 17 and 18
Staff Reports
Attorney
Engineer
District Manager's Report
1. Action Items List
Approval of Check Register
Balance Sheet and Income Statement 1v. Status of Direct Bill Assessments
v. Presentation of Arbitrage Rebate Calculation Report
Other Business
Supervisor's Requests
Next Meeting Date
Adjournment
The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.
The third order of business is the approval of the minutes of the September 14, 2017 meeting. The minutes are enclosed for your review.
The fourth order of business is the ratification of conveyance of the public infrastructure in areas platted as Reunion West Phase 2 East, Phase 2A West, Phase 2B West and Reunion West Fairway 17 and 18. There is no back-up material available.

The fifth order of business is Staff Reports. Section 1 of the District Manager's Report is the presentation and discussion of the action items list. A copy of the list is enclosed for your review. Section 2 includes the check register for approval and Section 3 includes the balance sheet and income statement for review. Section 4 is the discussion of the status of the direct bill assessment collections. A table with the direct bill information is enclosed for your review. Section 5 is the presentation of arbitrage rebate calculation report for the Series 2004-1, 2, & 3 bonds. A copy of the report is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

0---��

Sincerely,

George S. Flint District Manager
Cc:	Jan Carpenter, District Counsel Steve Boyd, District Engineer
Enclosures

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MINUTES OF MEETING REUNION WEST
COMMUNITY DEVELOPMENT DISTRICT
The Regular Meeting of the Board of Supervisors of the Reunion West Community Development District was held on Thursday, September 14, 2017 at 2:00 p.m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida.

Present and constituting a quorum were:
John Chiste Mark Greenstein Jared Bouskila
Deborah Simmons Peter Brown
Also present were:
George Flint Andrew d'Adesky Steve Boyd
Alan Scheerer Garold Williams Darrin Mossing, Jr. Rob Stultz

FIRST ORDER OF BUSINESS

Chairman
Vice Chairman
Assistant Secretary by phone Assistant Secretary
Assistant Secretary

District Manager District Counsel District Engineer Field Manager CWS - Security GMS
Yellowstone Landscape

Roll Call

Mr. Flint called the meeting to order, and called the roll.

SECOND ORDER OF BUSINESS
There being none the next item followed.

THIRD ORDER OF BUSINESS

Public Comment Period

Approval of the Minutes of the August 10, 2017 Meeting

Mr. Flint:	Are there  any additions,  deletions,  or corrections to those minutes?	Not hearing any, we need a motion to approve.

Reunion West CDD Regular Meeting

September 14, 2017
Page 2 of 6

On MOTION by Mr. Chiste, seconded by Ms. Simmons, with all in favor, the minutes of the August 10, 2017 meeting were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Agreement	with
McDirmit Davis & Company, LLC to Provide Auditing Services for the Fiscal Year 2017
Mr. Flint: This fiscal year ends September 30th. McDirmit Davis was selected as the independent auditor as the result of going through the competitive selection process that is required by statutes. You can see their fee for 2017 is not to exceed $6,100. Are there any questions on the engagement letter?

On MOTION by Mr. Greenstein, seconded by Mr. Chiste, with all in favor, the Agreement with McDirmit Davis & Company, LLC to Provide Auditing Services for the Fiscal Year 2017 was approved.

FIFTH ORDER OF BUSINESS	Ratification of Series 2017 Requisitions
#1 &#2
Mr. Flint: We are asking the Board to ratify a few requisitions. Ratification is not legally
required however-we place them on the agenda to get them into the record so the Board can see them. Requisition #1 is in the amount of $5,915,700. You can see those payments were broken up between Phase 2 East and Phase 2A and 2B West. The summary backup is attached, and there is also a detailed backup available if anyone wants to see that. The requisition was signed by the Chairman and the District Engineer certified that the expenses are consistent with the Engineer's Report. Is there anything else Andrew?
Mr. d' Adesky: From what I understand, we transmitted all the conveyance documents over and those should be worked and returned to us very soon.
Mr. Flint: Are there any questions on Requisition #1?

On MOTION by Mr. Greenstein, seconded by Mr. Brown, with all in favor, Requisition #1 was ratified.
Mr. Flint: Requisition #2 is for $1,300,000. It is for costs associated with the Bear's Den 1ih   and  18th   fairway  projects.  Again,  it  has  been  executed  by  a  responsible  officer  of the

Reunion West CDD Regular Meeting

September 14, 2017
Page 3 of 6

District which is the Chairman. It has also been certified by the District Engineer. There is summary information attached and detailed information is available for this as well. Are there any questions on the requisition?

On MOTION by Mr. Greenstein, seconded by Mr. Brown, with all in favor, Requisition #2 was ratified.

SIXTH ORDER OF BUSINESS	Consideration of Aquatic Management
with Applied Aquatic Management, Inc.

Mr. Flint: This item is an agreement with Applied Aquatics to treat the storm water retention pond along Grand Traverse Parkway. It is for $1,584 a year. They are our current contractor so this would just extend the contract for an additional 12 months. There is a standard addendum that we would ask the Board, in your motion, to incorporate. That standard addendum is part of your approval, and it would override any terms and conditions that are attached to this. Are there any questions on the agreement?

On MOTION by Mr. Chiste, seconded by Ms. Simmons, with all in favor, the Aquatic Management Agreement with Applied Aquatic Management, Inc. was approved.

SEVENTH ORDER OF BUSINESS
Attorney

Staff Reports

Mr. d'Adesky: I have nothing additional to report. As soon as I get those conveyance documents finalized I will get them recorded.

Engineer
Mr. Boyd: I do not have anything specific to report related to Reunion West. There might be some overlap between Reunion West and East.
Mr. Flint: Could you update them on the signalization issues?

Reunion West CDD Regular Meeting

September 14, 2017
Page 4 of 6

Mr. Boyd: Yes, the 90% plans are still on review at the County. The hurricane slowed down their responsiveness from what it was before. We will continue to press and try to get some action out of them so we can get a bid.
Mr. Greenstein: I've reached out to the Commission's staff on a number of issues. One of them was the firehouse, construction is supposed to start in October. I asked about the signalization and never heard back from them.
Mr. Boyd: I'll push them hard on that and see if we can get some answers.
Mr. Chiste: Regarding the hurricane, I looked in the minutes from the last meeting and saw that a resident had some thoughts or issues regarding the storm drains. Did we have any problems with the storm drains or anything?
Mr. d'Adesky: I'm glad you brought that up. That is a discussion on the East agenda. Mr. Glasser, a resident here, had some concerns regarding the storm drains. I met with him within the next five days and we looked at the entire property. A lot of the concerns he had was debris and trash blowing off the construction lots out of the dumpsters. I met with David Burman Monday after the storm and to my knowledge and his there was no drainage issues whatsoever within Reunion. We do have ponds now that actually have water in them that typically don't. We do need to get these builders to pick up after themselves and we need to go through periodically and make sure the tops of these drains are cleaned off. But, to my knowledge, there were no issues with the drains.
Mr. Chiste: That's great to hear.
Mr. Flint: Are there any other questions for the engineer?
Mr. Greenstein: Alan, what is your plan to assess the hurricane damage?
Mr. Scheerer: That's a great question, thank you. Rob and Chris are here from Yellowstone, and we were in constant contact with them before and after the storm. A lot of us were onsite Monday following the storm. On the West side, we don't have near the damage that we do on the East side. We have some leaning sign posts and missing street I.D. markers which we are reviewing and identifying to get corrected as quickly as possible. Not related to the storm and it is actually related to the East agenda, is the damage to the guardhouse that occurred about 10 days ago. I apologize that is not on the West agenda as I know that has been a topic of discussion. Basically, someone with a truck and trailer with a backhoe came through before security could stop them. We have already contacted the owner of the vehicle as well as their

Reunion West CDD Regular Meeting

September 14, 2017
Page 5 of 6

insurance and we have a claim and cost to make those repairs. Like I said, as far as hurricane cleanup for West there is not a lot to do, just some cosmetic things.

District Manager's Report
Action Items List
Mr. Flint: The only item we have is the signalization issue and we already covered that.

Approval of Check Register
Mr. Flint: For July 1st through August 31st you have a total of $36,269. Are there any questions on that?

On MOTION by Mr. Chiste, seconded by Mr. Greenstein, with all in favor, the Check Register totaling $36,269 was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financial statements in your agenda to review.

Status of Direct Bill Assessments
Mr. Flint: You also have the status of direct bill payments. You have two that are due in September that are outstanding but otherwise everything has been paid.

EIGHTH ORDER OF BUSINESS	Other Business
There not being any, the next item as followed.

NINTH ORDER OF BUSINESS	Supervisor's Requests
There being none the next item followed.

TENTH ORDER OF BUSINESS	Next Meeting Date
Mr. Chiste: We discussed moving the meeting to Fridays. We would move Rolling Oaks to 12:00 and Reunion West to 12:30.
Mr. Flint: If East is okay with moving it to 1:00 it sounds like we could make Thursday
work.

Reunion West CDD Regular Meeting

September 14, 2017
Page 6 of 6

Mr. Chiste: That would be easier for everybody. It would be a pain for someone to have to come Thursday and Friday. George, will you let us know what they decide on at the East meeting?
Mr. Flint: Yes.

ELEVENTH ORDER OF BUSINESS
There being no further business

Adjournment

On MOTION by Mr. Chiste, seconded by Mr. Greenstein, with all in favor, the meeting was adjourned at 2:21 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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Reunion East and West CDDs Action Items

Reunion East

Item#	Meeting
Assigned	Action Item	
Assigned To:	
Date Due	
Status	
Comments	

1	
3/14/11	Irrigation Turnover	
Developer		
In Process	

90% Plans being Re- submitted for Final Comment from County	

2	Research Signalization of Reunion 2/12/15	Entrance	
Boyd		In Process On Hold		

3	
8/13/15	Horse Stable Options Evaluation	
Flint/Carpenter			Pending discussions
with  Resort re: MSA.	
4	2/9/17	Resident Use of Heritage Crossing
Community Center	Flint		On Hold	Pending discussions
with  Resort re: MSA.	
5	3/16/17	Allocation of 532 Costs	Scheerer/d'Adesky			In Process		
6	6/8/17	Improved Signage for Reunion in
Vicinity of 429 & Sinclair Road	Boyd/Scheerer			In Process		
7	8/10/17	Review Pedestrian Safety at Water
Park	Boyd		In Process In Process		
8	9/14/17		Landscape Restoration	Scheerer				

Meeting Assigned

Item#

Reunion West

Research Signalization of Reunion 8/11/16	Entrance

Comments 90% Plans being Re- submitted for Final
Comment from County

Assigned To:	Date Due	Status

Action Item

1	Boyd	 	In Process

revised 10/5/2017

Reunion West
Community Development District

Summary of Check Register September 1, 2017 to September 30, 2017

General Fund

Fund

Date	Check No.'s
9/13/17	1229-1231

Amount
$	8,455.35

	9/15/17	1232-1233	$	15,939.80	
	9/19/17	1234	$	7,500.00	
	9/20/17	1235	$	208,860.76	
	9/22/17	1236	$	600.00	
	9/29/17	1237-1239	$	5,028.72	
			$	246,384.63	
Replacement & Maintenance Fund	9/20/17	10	$	17,710.60	
			$	17,710.60	

Payroll	Se12tember 2017
Deborah Simmons	

50374	

$	158.87	
	Jared Bouskila	50375	$	184.70	
	John Chiste	50376	$	184.70	
	Mark Greenstein	50377	$	184.70	
	Peter Brown	50378	$	184.70	
			$	897.67	

$	264,992.90 I

*A*P3*00CRHECK  DATES  09/01/2017  -  09/30/2017YEA*R*-*TO-DATEREAUCNCIOOUN  WSEPSATY-AGBELNERAPRLEPFAUIND  COMPUTER  CHECK  REGISTER	RUN  10/06/17	PAGE	1
BANK  A  GENERAL  FUND

DATE

CHECK    VEND#	.•D•A••TIENVOINEV.O•I•C•E.  •Y••REMXOPEDNSPETDATCOC.T.#.SUB    SUBCLASS
9/13/17  00035	8/31/17  16AQ42U0AT9IC  2PLA01N7T08M3G0M0T-A1U3G10107-10100
8/31/17  16AQ42U0AT9IC  2P0L1AN7T08M3G2M0T-5A3U8G0107-47000

VENDOR NAME

STATUS	AMOUNT		••.. CHECK••••• AMOUNT	#
*	83.16
*	48.84

- - - - - - - - - - - - -

APPLIED AQUATIC MANAGEMENT, INC.

- - -  -  - -  -  -  -  -  - -13-2.-00-

001229

9/13/17 00036	8/31/17

DUKE-DUK 201707 320-53800-43000
DUKE ENERGY #54512 29301

*	207.46
*

8/31/17  DDUKUEKE-DEUNKER2G0Y170#7643210-6513186010-43000
8/31/17  TOTHOOHO-TMEOHTE20R1#4709700352501-453J8U0L01-743100
-  - - - - -  -  -  - - - - - - -  -  -  - - - -  -  -  -  -  -  -RE-UNION RESORT

373.90
*	303.18
- - - - -  -  -  -  -  -  - -B8-4.-54- 001230

9/13/17 00020	9/01/17
9/01/17

400	201709   310-51300-34000
40M0ANAGEMEN2T01F7E0E9S31S0E-P1571300-35100

*	3,582.00
*	183.33

9/01/17  40IN0FO  TEC2H0N1O7L0O9GY3S1E0-P1571300-31300

*	708.34

9/01/17
9/01/17

DISSEMINATION FEE SEP17
400	201709 310-51300-51000
OFFICE SUPPLIES
40P0OSTAGE  201709  310-51300-42000

*	20.50
*	730.60
*	474.36

9/01/17

40C0OPIES

201709 310-51300-42500

*	12.43

9/01/17
9/01/17

4T0E0LEPHON2E01709  310-51300-41000
4F0I1ELD  MAN2A0G1E7M09ENT32S0E-P5137800-12000

*	1,727.25
7,438.81 001231

- - - - - - - - - - - - -

GOVERNMENTAL MANAGEMENT SERVICES

- - - - - - - - - - - - - - -
*

9/15/17 00040	8/29/17

6F0Y5128

PRO2P0E1R7T0Y9IN30S0U-RA1N3C10E0-10100

700.20
*

PROPERTY  INSURANCE

8/29/17  6F0Y5128
8/29/17  6F0Y5128

201709 300-15500-10000

GEN.LIAS/PUBLIC  OFFC

201709 300-15500-10000
EGIS INSURANCE ADVISORS, LLC.

*
*	- - - -

466.80
8,540.00
-  -  - - - - -9,-70-7.-00-  001232

9/15/17 00005

9/19/17 00020

6/28/17  3N3O7T1.29O6F  SP2L017A0S6SES3S1-0-6/512380/01-748000
- - - - - -  -  -  -  - - - - - - - - -OR-LANDO  SENTINEL 9/18/17  402	201709 300-15500-10000

6,232.80
- - - - - - - -  -  -  -6,-2-32.-80-
*	7,500.00

001233

FY18 ASSESSMENT ROLL CERT GOVERNMENTAL MANAGEMENT SERVICES
REUW REUNION WEST TVISCARRA

7,500.00 001234

*A*P3*00R	YEA*R*-*TO-DATEREACUNCIOOUNTWSESPTA-YAGBELNERAPLREFPAUIND  COMPUTER  CHECK  REGISTER	RUN  10/06/17	PAGE	2

CHECK DATES 09/01/2017 - 09/30/2017

BANK A GENERAL FUND

CDHEACTKE    VEND#    ...D.A.TIENVOINEV.O•I.C•E.  ..YR• EMXOPENDSPETDATCOC.T.#.SUB    SUBCLASS  VENDOR  NAME	STATUS

AMOUNT	•A•M•O•UNCHECK ..•#..

9/20/17 00029

9/22/17 00012

9/29/17 00051

9/20/17  09E2X0P2E0N1S7E  D2U0E17T09O  R3E00-M2A0Y7-0A0UG-10100
- -  -  -  - - - -  -  -  -  -  -  -  -  - - -RE-UNION  EAST  CDD 9/06/17  1A6R0B1I4TRAGE20S1E7R0290034107-/53113/0107-31400
- -  - - - - - -  -  -  -  -  -  -  -  -  -  -GR-AU  &  ASSOCIATES
9/13/17  1C6O3D4-MBTG  2&01C7O0O8RD3/1M0I-LE51A3G0E0-31100

*	208,860.76
- - -  - -  -  -  -  -  -20-8,-86-0.-76-
*	600.00
- -  - - - - - - - -  -  -60-0.-00-
*	398.54

001235

001236

9/29/17 00011

9/29/17 00043

- - - - - - -  -  -  -  - - - - -  -  -  -BO-YD  CIVIL  ENGINEERING 9/19/17  5D-E93L4I-V5E2RY209/7089/13710-51300-42000
-  -  -  -  -  -  -  -  -  -  -  - - - - - - -FE-DEX

DVLPR  CONVEYANCE/REV  PLAT

9/18/17  78110	201708 310-51300-31500
LATHAM,SHUKER,EDEN & BEAUDINE,LLP
TOTAL FOR BANK A TOTAL FOR REGISTER

REUW REUNION WEST TVISCARRA

-  - - - -  - - -  -  -
*	54.76
*	4,575.42

246,384. 63
246,384.63

398. 54  001237

54.76 001238

4,575.42 001239

*

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
**    CHECK   DATES   09/01/2017   - 09/30/2017  ***	REUNION WEST-R&M
BANK C REPLACEMENT & MAINT

DATE

CHECK     VEND#     •.•D.A.TIENVOINEVO..I.C.E.  .Y.R.EMXOPENDSPTEDATCOC.T.#. SUB	SUBCLASS  VENDOR  NAME	STATUS

RUN  10/06/17

AMOUNT

PAGE	1

....CHECK.....
AMOUNT	#

9/20/17 00001	9/20/17 09202017 201709 300-20700-10100
EXPENSE  DUE  TO  RE R&M AUG	REUNION EAST COD

*

TOTAL FOR BANK C TOTAL FOR REGISTER

17,710.60

17,710.60
17,710.60

17,710.60 000010

REUW  REUNION  WEST  TVISCARRA

•	•	•	•	•	•

Reunion West
Community Development District

Unaudited Financial Reporting August 31, 2017

Table of Contents

 	Balance Sheet

 	General Fund Income Statement

 	Replacement & Maintenance Income Statement

Debt Service Series 2004-1 Income Statement

 	Debt Service Series 2015 Income Statement

 	Debt Service Series 2016 Income Statement

 	Debt Service Series 2017 Income Statement

 	Capital Projects Series 2015 Income Statement

 	Capital Projects Series 2016 Income Statement

 	Capital Projects Series 2017 Income Statement

11-12 		Month to Month 13-14 	FY17 Assessment  Receipt Schedule

ASSETS:

Reunion West

August 31, 2017

COMMCOUMNIBTYINDEDEVBEALLOAPNMCEENSTHDEETISTRICT

Debt	Capital	(Memorandum Only)Replacement

General	 	& Maintenance	Service	 	Projects		2017

CUSTODY ACCOUNT	$2,855	-	--	$2,855

$649,998	$170,938	--	$820,936

SINTVAETSETBMOEANRTDSOF ADMINISTRATION	--	$1,368,722	--	$1,368,722

CASH	--

SERReIsEeSr2v0e04-1

----	$56721,,519259	$671,599

RGenerauleRedemption	--

--	$562$,132759

SERReIEseSrv20e15

-	$163,722	--	$163,722

Reserve	--	$275,321	-	$275,321

Construction	--	$5	$5

Revenue	--	$354,195	-	$354,195

Revenue	--	$134,554	--	$134,554 SERIES 2016

SECRoIEnSst2r0uc1t6ion	$66	$66

IPnrteepraeystment	-	$123,39$30	-

$123,39$30

RInetseerervset

--	$$2954,062367	--

$2$594,062367

CosntstorfuIcstsiouannce	--	-

--	$4,4$7450

$4,4$7450

$4,5�_

DUE FROM REUNION EAST

-$47-,11-2

--	$47,112

TOTAL ASSETS	$699,965	$1,539,660	$2,633,952

--

LAICACBOILUITNIETSS;PAYABLE	$12,223	--	·-
DUUEE TTO RDEEVUENLIOPEERAST	$20$29,,808937	$17,71-1-

$4,878,162

$2,883

$2$2162,,820238

FFUUNDD BEQALUAITNYC:ES:

$1,521,950	--

AUSNSAIGSSNIGEDNED	$475,76-1-	-	$1,234,10-3-	--

$1$,452715,,975601

52,909

REESTTRICTEED FFOR DEEBTT SEERVICEE 200154-1 RESSTTRIICTTEED FOR DEBTT SERVIICEE 20176

--	$298,276
--	$348,663

-	$1$,29384,,210763
$34528,,960639

REESTRIICCTTEED FFOR CAPPITALL PROJJEECTCTS 20165

-	$6$65

$$656

RESTRICTED FOR CAPITAL PROJECTS 2017	 		 	
TOTAL LIABILITIES& FUND EQUITY

$4,51S	 	$4,515 

& OTHER CREDITS	$699,965	$1,539,660	$�.�3,952	$42_86_	$4,878,162

General Fund

COMMUNRITYeuDnEiVoELnOPWMEeNsTtDISTRICT
Statement of Revenues & Expenditures
For The Period Ending August 31, 2017
ADOPTED	PRORATED BUDGET	ACTUAL
BUDGET	THRU B/31/17	THRU 8/31/17	VARIANCE
REVENUES:
Speclal Assessments •TaxCollector	$349,837	$349,837	$410,005	$60,168
Special Assessmenls• Direct	$575,240	$447,025	$447,025	($11

$547

Interest	$0	$4	$4
Miscellaneous Income	$2,556	$2,343	$2,890
TOTAL REVENUES	$927,633	$799,205	$859,923	$60,7181 EXPENDJ]YRES:
APMINISTRATIYE·

Supervisor Fees	$12,000	$11,000
FICA	$918

$566

$3,600

Engineering	$6,000	$5,500	$7,349	($1,849)
Attorney	$17,000	$15,583	$15,131	$452
Trustee Fee	$18,658	$13,772	$13,772

Dissemination	$5,000

$4,583	(SOI

Arbitrage	$1,800	$600	$600	So

$5DO

$404

Collection Agent	$5,000	$5,000	$5,000	$0

Property Appraiser Fee	$5DO
Annual Audit

$96
$4,900	$5,000	($1DO)

Management Fees	$42,984	$39,402	$39,402	$0
Information Technoiogy	$2,200	$2,017	$2,017	$0
Telephone	$3DO	$216
Postage	$1,000	$917	$428	$488
Printing & Binding	$1,600	$1,467	$712
Insurance	$9,300	$8,525	$8,540	($151
Legal Advertising	$1,200	$1,100	$14,7DO	($13,600)

Other Current Charges
Office SUpplles	$300

Dues, licenses & Subscriptions		$160	$175	($151	
TOTALADMINISTRATIVE

M,AlNTENAfK.f:S.t/.t!B.Ul. EXPENSES:	$131,785	$117,288	$126,206	($8,91811	
Field Management	$20,727	$19,000	$19,0DO	$0	

Travel Per Diem	$600

$321	$202	$118

$550

$165	$110
$0	$550

Facility Lease Aareement	$15,781	$14,466	so	$14,466
Telephone	$2,400	$2,200	$2,316	($116)
Electric	$174,000	$159,5D0	$158,124	$1,376
Water & Sewer	$18,600	$17,050	$20,219	($3,169)
Gas	$27,000	$24,750	$14,877	$9,873
Pool and Fountain Maintenance	$52,500	$48,125	$58,135	($10,010)

Environmental	$3,000	$2,750
Property Insurance	$12,900	$12,900	$12,404

$427

Irrigation Repairs	$3,750	$3,438	$4,964	($1,526)
landscape Contract	$232,887	$213,480	$239,713	($26,233)
Landscape Contingency	$11,648	$10,677	$14,942	($4,264)
Landscape Consulting	$11,700	$10,725	$15,400
Gate and Gatehouse bpenses	$9,600	$8,800	$6,361	$2,439
Roadwavs/Sidewalks	$13,920	$12,760	$17,597
Lighting	$2,400	$2,200	$1,364	$836
MSA Building Repairs	$12,000	$11,000	$5,748	$5,252
Pressure Washing	$12,000	$11,000	$222	$10,778
Maintenance !Inspections)	$525	$481	$889	($408)
Pest Control	$218	$200	$0	$2DO
Signage	$0	so	$684	($684)
Security	$42,000	$38,500	$47,483	($8,983)

�llflf.rf.Ati.U:ll!B.filfK.P�

Irrigation Svstem Operations	$20,000	$18,333	$0	$18,333
Operating ReseNeS	$45,000	$41,250	$0	$41,250
Transfer Out	$51,293	$51,293	$51,293
TOTAL MAINTENANCE	$795,848	$734,877	$694,058	$40,819
TOTAL EXPENDITURES	$927,633	$820,264

EXCESS REVENUES (EXPENDITURES)	$39,659
FUND BALANCE - Beginning	$0	$436,102
FUND BALANCE - Ending	$475,761

2

Reunion West
COMMUNITY DEVELOPMENT DISTRICT

For The Period Ending August 31, 2017

StRateepmlaecnetmoefnRte&veMnuaeinst&enEaxnpceendFuitnudres

ABDUODPGTEETD

TPHRROUR8A/T3E1D/17

THRAUCT8U/A31L/17	VARIANCE

TInrtaenrsefsetr In

$5$13,,209030

$$512,,279530

$$1531,,226953

$10,5$105

TOTAL REVENUES
EXPENDITURES:
SBiuginldaigneg Improvements

$54,293	$54,043

$36,3$000	$33,2$705

$64,558	s10,s1s 1
$87,,536253	$($258,,732125)

PPoool RFuerpnaitiru&reReplacements

$$103,5000	$9,,06225

$9,318

($1$,3087)

LCaanpditsaclaOpuetIlmayprovements

$8201,,000

$19,250

$48,5$108	($7293,36338)

TOTAL EXPENDITURES
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE . Beginning FUND BALANCE . Ending

$151,100	$138,508
 	($96,807)
$1,842,734
$1,745,927

3

$78,096	$60,412 ($13,538)
 	$1,535,488	
$1,521,950

Reunion West
COMMUNITY DEVELOPMENT DISTRICT

Debt Service Fund

Series 2004-1

Statement of Revenues & Expenditures
For The Period Ending August 31, 2017

ABDUODPGTEETD

TPHRROUR8A/T3E1D/17

THRAUCT8U/3A1L/17	VARIANCE

SInptereiasltAssessments - Tax Collector

$1,360$,4300

$1,360,400

$1,35$84,,219223

($3,81048)

TOTAL REVENUES EXPENDITURES:

$1,360,700	$1,360,675
$475,938	$475,938

$1,362,415	s1,140 1
$475,938	$0

IPnrtienrceipsatlEExxppeennssee1015//0011

$49755,90308	$4975,090380

$49755,,090308	$0

Interest Expense 05/01 TOTAL EXPENDITURES

$1,346,875	$1,346,875

$1,346,875	$0 )

TOrtahnesrfeDrelbnt/S(Oervuti)ce Costs	 	$0	$0

$0	$0

TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE - Beginning FUND BALANCE - Ending

 		$0	$0
 	$13,825
$540,083
$553,908

4

$0
$15,540
$1,218,563
$1,234,103

Reunion West
COMMUNITY  DEVELOPMENT DISTRICT

Series 2015

Debt Service Fund Statement of Revenues & Expenditures
ForThe Period EndingAugust 31, 2017

ABDUODPGTEETD

TPHRUR8A/T3E1D/17

THRAUCT8U/3A1L/17	VARIANCE

ISnptereiasltAssessments

$326,87$50

$326,87$50

$333$,639182

$698

TOTAL REVENUES
EXPENDITURES;

$326,875	$326,875

$334,011	$7,136l

PInrtienrceipsatlEExxppeennssee1015//0011

$135,000	$1$3956,,090904

$1$3956,,090904	$0

Interest Expense 05/01	 	

$96,994

$96,994	$0

TOTAL EXPENDITURES
TOrtahnesrfeDrelbnt/(SOeruvt)ice Costs TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE - Beginning FUND BALANCE · Ending

$328,988	$328,988
$s0o	$0
$0	$0
($2,113)
$127,544
$125,432

5

$328,988	so I
$s0o	$0
$0
$5,023
 	$293,253	
$298,276

Reunion West
COMMUNITY  DEVELOPMENT  DISTRICT

Series 2016

Debt Service Fund Statement of Revenues & Expenditures
For The Period Ending August 31, 2017

ABDUODPGTEETD

THPRUR8A/T3E1D/17

THRAUCT8U/3A1L/17	VARIANCE

Speciiaal Asssseessmmenttss -- TDairxecRtoBll illed

$26871,979537	$26871,,979537

$26877,,979676	$6,0$103

SInpteecreiasltAssessments - Prepayment

$0	$0

$123$,37953	$123,393

$753

TOTAL REVENUES EXPENDITURES:

$549,750	$549,750

$679,909	$130,159 I

IIntereesstt EExpeennsee 0151/011

$210703,,970253	$21070,7025393

$20730,72053	$0

TOTAL EXPENDITURES

$374,628	$374,628

$374,628	so I

$1,737

TOrtahnesrfDerelbnt/S(Oeruvti)ce Costs

$0	$0

$1,7$307	$0

TOTAL OTHER

 	$0	$0	

($1,m,i

EXCESS REVENUES (EXPENDITURES)
FUND BALANCE - Beginning FUND BALANCE - Ending

$175,122
$170,903
$346,025

6

 	$307,019	
 	$445,891	
$752,909

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Debt Service Fund

Series 2017

Statement of Revenues & Expenditures
For The Period Ending August 31, 2017

BInotenrdessPtroceeds

ABDUODPGTEETD
$0

TPHRROUR8A/T3E1D/17
$0

THRAUCT8U/3A1L/17	VARIANCE
$348,6$621	$348,6$621

TOTAL REVENUES
EXPENDITURES:

$0	$0	$348,663	$348,663 I

IInnterreesst EExpennsse 0151/01l

 	$0		$0	$0	$0

TOTAL EXPENDITURES
EXCESS REVENUES (EXPENDITURES)

 	$0		$0
$0

$348,663

so I

FUND BALANCE · Beginning	 	$0	$0	
FUND BALANCE · Ending	$0	$348,663

7

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund
Series 2015
Statement of Revenues & Expenditures
For The Period Ending August 31, 2017

REVENUES:

Interest
TOTAL REVENUES EXPENDITURES:
Capital Outlay

TOTAL EXPENDITURES

Transfer ln/(Out)

ADOPTED BUDGET

$0

$0

$0

$0

PRORATED THRU 8/31/17

$0

$0

$0

$0

$0

ACTUAL THRU 8/31/17

$7

$0

$0

$0

VARIANCE

$7

$0
so !
$0

TOTAL OTHER	I	$0	$0	$0	so I	
EXCESS REVENUES (EXPENDITURES)	$0		$7	
FUND BALANCE - Beginning				
FUND BALANCE - Ending			$5	

8

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund

&

Series 2016
Statement of Revenues    Expenditures
For The Period Ending August 31, 2017

REVENUES:

ABDUODPGTEETD

THPRUOR8A/3T1E/D17

THRAUCT8U/3A1L/17

VARIANCE

Interest	 	$0	$0	$196	$196 

TOTAL REVENUES EXPENDITURES:

$0	$0

$196

$1961 

Capitall Outtllay -- CosntsstroufcItsisounance

 	$0	$0	$0	$0 

TOTAL EXPENDITURES

$0	$0

$0	so I

Transfer ln/(Out)	 	$0	$0	($1,737)	

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE · Beginning FUND BALANCE • Ending

 	$0	$0		($1,737)1
 	$0	
$0	$1,607
$0	$66

9

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund

&

Series 2017
Statement of Revenues	Expenditures
For The Period Ending August 31, 2017

REVENUES:

IBnotnedrePstroceeds

ABDUODPGTEETD
$0

THPRUOR8A/T31E/D17
$0

THRAUCT8U/3A1L/17	VARIANCE 7596338.51		$7,596,339

TOTAL REVENUES EXPENDITURES:

$0	$0	$7,596,378	$7,596,378 l

$40

Caapittal Outtlay - CosntsstorufcItsisounance

$0	$0

$7$,323556,,167859	($(7$,323556,,617859))

TOTAL EXPENDITURES

I	$0

$0	$7,591,864	($7,591,864)1

Transferln/(Out)
TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning FUND BALANCE - Ending

 	$0	$0	$0	$0
$0	$0	$0	so I
 	$0	$4,515	
 	$0	$0	
$0	$4,515

10 

Reunion West CDD Month to Month
Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	June	July	Aug	Sept	Total

Revenues
Special Assessments - Tax Collector

$0	$58,573	$164,753	$34,973

$31,347

$14,017	$37,179	$15,913	$52,390	$861	$0	$0	$410,005

Special Assessments - Direct Interest Income
Miscellaneous Revenue	so

$25,929	so	$50,777	SlS0,638	$0	$88,933	$54,779	S75,969	$0	$0	$0	$447,025
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	S4
$263	$0	$0	$0	$0	$1,314	$263	$263	$263	$0	$2,890

Total Revenues	I	$0	$85,027	$165,016
Expenses

$181,986	$14,017	$126,11�	$72,006	$128,622	$1,124	$263	$0

$77

Supervisor Fees	$1,000	$800	$0	$800	$1,000	$1,000	$0	$1,000	$1,000	$800	$0	$7,400

$699

FICA

$61

$61

$0	$0

$61	$0	$566

Engineering	$324	$1,524	$100

$1,238	$774

$1,074

$7,349

$877

$5,044

Attorney	$1,690	$2,788	$307	$736	$1,134	$324

$391	$1,434

$4,575	$0	$15,131

$417

Trustee Fee

$0	$D

$0	$0	$0	$4,364	$4,364	$0	$0	$0	$13,772

$417

Dissemination	$417	$417	$417	$417	$417	$417	$417	$0

Arbitrage	$0	$0	$0	$0

$0	$0

$0	$600	$0	$0	$600

Collection Agent	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000

Property Appraiser Fee	$0	$0	$404	$0

$0	$0	$0

$0	$0	$0	$404

Annual Audit	$0

$0	$0

$5,000	$0	$0	$0

$0	$0	$5,000

Management Fees	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$3,582	$0	$39,402

Information Technology	$183	$183	$183	$183	$183	$183	$183	$183	$183	$183	$183

$2,017

$37

Telephone	$0	$4	$31	$0	$0	$0	$12	$0	$5	$0	$0	$59

Postage	$120	$37	$6

$16

$20	$66	$0	$428

Printing & Binding	$106

$88	$0	$66

$33	$5	$0	$188	$92	$0	$712

Insurance

$0	$0	$0

$0	$0	$0	$0	$8,540

LegalAdvertising	$628	$0	$0	$0	$0	$196	$434	$0	$8,767	$4,675	$0	$0	$14,700

Other Current Charges	$0	$0	$0	$0	$202	$0	$0	$0	$0

$202

Office Supplies	$21	$21	$20

$21	$21	$20	$0	$0	$21	$20	$0	$165

Travel Per Diem	$0	$0	$0	$0	$0	$0

$0	$0	$0	$0

Dues, licenses & Subscriptions	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Total Administrative	I	$26,906	$9,516	$5,138	$6,512	$7,192	$12,117

$9,201	$20,940	$12,141	$10,196	$0	$126,2061

11 

Reunion West CDD Month to Month
Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep!	Total

$1,727

$205

Field Management	$1,727	$1,727

$1,727	$1,727	$1,727	$1,727	$1,727	$0	$19,000

Facility Lease Agreement	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Telephone	$205	$205	$205	$205	$205	$214	$218	$218	$218	$219	$0	$2,316

Electric

$13,845	$15,052	$14,591

$13,864	$14,841

$14,758	$13,907	$14,397	$0	$158,124

$179

$95

$567

Water & Sewer	$1,844

$2,119

$1,914	$1,894	$1,816	$1,811	$1,816	$1,576	$1,727	$0

Gas

$2.428	$3,329	$1,151	$2,035	$1,490	$1,202

$232	$214	$0	$14,877

Pool and Fountain Maintenance

$4,472	$8,315

$7,656	S4,463	$5,177	$4,165	S5,843	$4,593	$0	S58,135

Environmental

$95	$9S

$97

$97	$97

$0	$2,323

Property Insurance

$0	$0	$0	$0	$0	$0	$0

$0	$0	$0	$12.404

$35S

Irrigation Repairs

$0	so

$1,803

$340	$0	$0

$364

$3,099

Landscape Contract	$20,051	$20,051	$25,713	$20,051	$20,051	$25,406	$20,051	$22,449	$23,314	$20,051	$22,527	$0	$239,713

$369

$369

$4,964

Landscape Contingency	$0	$0	$0	$185

$0	$0	$0

$11,658	$0	$14,942

$443

$3,330

Landscape Consulting	$1,203	$1,203	$3,375	Sl,203	$1,203	$1,203	$1,203	$1,203	$1,203	$1,203	$1,203	$0	$15,400

Gate and Gatehouse Expenses

$447

$561	$0	$0

$265	$216	$0	$6,361

Roadways/Sidewalks	$0	$98	$1,807

$2,209

$2,063	$316

$6,214	$518

$17,597

$150

Lighting	$1,251	$55	$0	$0	$0	$0	$0	so	$0	$58	so	so

MSA Building Repairs

$88

$48

$1,094	$1,275	$805	$16

$5,748

$1,364

Pressure Washing	$0	$222

$0	$0	$0

$0	$0	$0	$0	$222

Maintenance (Inspections)

$0	$0	$0	$265

$143	$185	$272	$0	so	$889

Pest Control
Signage Security

$0	$0	$0	$0

$4,317

$0	$0	$0	$0	$0	$0
$4,317

$0	$0
$684	$0	$0	$0	$684
$4,317	$4,317	$0	$47,483

Irrigation System Operations	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Reserves	$0	$0	$0	so	so	$0	so	$0	$0	$0	$0	so

Transfer Out

$0	so	$0

so	$0	$0

$0	$51,293

Total Maintenance	I

$51,286

$58,106	$106,309	$58,851	$53,882	$57,561	$56,632	$56,334	$64,461	$0	$694,0581

Total Expenses	I

$60,802	$67,888	$64,617	$ 113,501	$70,969	$60,229

$74,657	$0	$820,2641

�94,790

Excess Revenues (Expenditures)	I	($94,790)	$24,225	$97,127	$21,133	$68,484

$51,050	($67,351)

so	$39,6591 

12 

REUNION WEST
COMMUNITY DEVELOPMENT DISTRICT
SPECIAL ASSESSMENTRECEIPTS - FY2017 TAX COLLEOOR
GrossAsseuments $   2,492,796 $	427,751	1,417,083

347,739

$	300,222

2004·1

G,.,.	2015	2016

Net Asse1sments  $   2,343,228  $	402,086	1,332,058	326,B7S   $	282,209
Date	Assessments	Discounts/   Commissions	Interest	Net Amount	General Fund  Debt Svc Fund  Debt Svc Fund  Debt Svc Fund	Total
Received	D151.	Received	Penaltles	Paid	Income	Received	17.16"	56.85%	13.95%	12.04"	100%
11/25/16	ACH    $	350,553.66   $ 14,021.86  $	6,730.64   $	$  329,801.16  $	56,592.26  s  187,482.54   $    46,006.48   $     39,719.88  $   329,801.16
11/30/16	ACH    $	12,441.15  $	661.09   $	235.60  $	$    11,544.46  $	1,980.97  $	6,562.70   $	1,610.42   $	1,390.37  s	11,544.46
12/9/16	ACH    $	873,879.82   $  34,954.49   $   16,778.50  $	$   822,146.83   $     141,076.36  s  467,367.00   $ 114,687.53  $	99,0lS.94  $    822,146.83

s	5,293.54 s

12/27/16	ACH    $	145,795.29   $   5,001.81  $	2,815.88  $	s  137,9n.60   $	23,676.28   s   78,436.33   s 19,247.55  s	16,617.45  $  137,977.60

s	198,484.73 ss

1/10/17	ACH    $	S.568.62   s	167.05   s	108.03   $	908.35  $	3,009.23  $	738.44  $	637.S3  $	5,293.54
1/10/17	ACH	208,850.78   $   6,315.34  $	4,050.71   $	34,059.00  $   112,832.90  $    27,688.15  $	23,904.67   $   198,484.73

31,347,45 s 103,849.89

1/18/17	ACH   $	$	$	$	30.28  s	30.28  s	S.20  $	17.21  $	4.22  $	3.6S  $	30.28
2/8/17	ACH    $	190,441.80   $  4,030.91  $	3,728.21  $	$   182,682.68   $	$    25,483.80   $     22,001.54   $   182,682.68

304.37

3/9/17	ACH    s	1,809.97   s	$	36.20  $	$	1,773.77 $

$	1,008.34   s	247.44   s	213.63  s	1,773.77

3/9/17	ACH     $	82,413.48  $	871.69   s	1,630.83  $	s   79,910.96   $	13,712.33   $    45,427.10   s 11,147.39  $	9,624.14   $	79,910.96
4/11/17	ACH    $	8,699.22   $	s	174.00  $	s	8,525.22  $	1,462.89  $	4,846.34   s	1,189.25 $	1,026.74  s	8,525.22
4/11/17	ACH    $	212,396.62  $	23.77 s	4,247.44  $	$  208,125.41  $	35,713.30   $   118,313.35   $   29,033.00  $	25.065.76  $   208,125.41
4/19/17	ACH    s	$	$	$	14.88  $	14.88  s	2.55  $	8.46  $	2.08  s	1.79  $	14.88

43,789.93

5/9/17	ACH    $	94,627.35  $	$	1,892.56  $	$    92,734.79  $	15,912.83   $    52,717.08  $    12,936.28  $	11,168.59  $	92,734.79

$
s		$s	5,337.16
102.06	$s	
s		s	s	17.35	
s	66,048.01	48,761.49	62.51	

6/9/17	ACH    $	44,683.60  $	$	893.67   $	$    43,789.93   $	7,514.14   $   24,893.33  $	6,108.59  $	5,273.88 $

s

6/23/17	ACH    $	266,858.10
7/11/17	ACH	5,103.02
7/21/17	ACH $
       Totals	2,504,122.48

$   261,520.94   $	44,875.71   $    148,667.19   s  36,481.55  s	31,496.49 s 261,520.94
$	5,000.96   $	858.14  $	2,842.90 s	697.62   $	602.29  $	5,000.96

410,005.09	$ 1.358.291.75	333,312.21	287,766.44	2,389,375.49	
	
$51,856.00	
$267,997.00			

s	17.35   s	2.98  s	9.86  s	2.42  s	2.09  s	17.35
$ 2,389,375.49

OFF ROLL ASSESSMENTS REUNION WEST DEVELOPMENT PARTNERS LLLP	$319,853.00
DATE
RECEIVED	DUE
DATE	CHECK
NO.	NET
s ASSESSED	AMOUNT
RECEIVED	GENERAL
FUND	SERIES 2016	
4/10/17
5/15/17	2/1/17
5/1/17	13233
13587	s  79,963.00
$    79,963.00	$	79,963.00
$	79,963.00	s  12,964.00
$    12,964.00	s s	6666,,999999..0000	
				319,853.00	51,857.00			
	
REUNION WEST HOA INC	$167,262.00	$167,262.00

DATE RECEIVED	DUE DATE	CHECK
1N21O7.7	NET
s ASSESSED	AMOUNT
RECEIVED	GENERAL
F8U3N,6D31.00	
2/13/17
5/1S/17	2/1/17
5/1/17	12177
13587	s   4411,,881155..0000   s
$	$	41,815.00 $
41,815.00 $	41,815.00
41,815.00	
			167,262.00 s	167,261.00		

RWEST HOLDINGS LLC	$150,074.00		$150,074.00	
DATE	OU£	CHECK	NET	AMOUNT	GENERAL	
RECEIVED
1/19/17	DATE
12/31/16	NO.
11550	ASSESSED
$ 37,518.50	s	RECEIVED	FUND
37,518.00 s 37,518.00	
4/10/17
6/27/17	3/31/17
6/30/17	1134217363	$   37,518.50
$   37,518.50	s	37,518.00
37,518.00	$s	37,518.00
37,518.00	
9/27/17	9/30/17	15748	$ 37,518.50	s	37,518.00	s	37,518.00	
 	$ 150 074.00  $ 150,072.00  $ 150,072.0 0 

OFF ROLL ASSESSMENTS

REUNION WEST SPE, UC	$53,036.00	$53,036.00

REDCAETIVEED
1/19/17
4/10/17
6/27/17
9/27/17	DUE DATE 12/31/16
3/31/17
6/30/17
9/30/17	CHECK NO. 1113525303
14176
15748	NET
s ASSESSED
s  13,259.00
s  13,259.00
s  13,259.00
13,259.00
53,036.00	AREMCOEIUVNEDT
$	13,259.00
$s	13,259.00
s	13,259.00
13,259.00
53,036,0 0 	GENERAL
FUND
s  13,259.00
$   13,259.00
$      13,259.00
s  13,259.00	
	
REUNION WEST SPE, LLC	$51,856.00

13 

DATE
RECBVED	DUE
12D/A31TE/16	CHECK
NO.
12469	NET
ASSESSED
s  12,964.00	AMOUNT
REC1E2I,V9E6D4.00	GENERAL
FUND
12,964.00	
4/10/17
6/27/17
9/27/17	3/31/17
6/30/17	13233
14176
15748	$    12,964.00
$  12,964.00
$  12,964.00
$   51,856.00	$	12,964.00
$	12,964.00
$	12,964.00
$	51,856.00	s$      12,964.00
s  12,964.00
12,964.00
$  51,856.00	
REUNION WEST SPE, LLC	$45,964.00	$45,964.00

DATI;	DUE	CHECK	NET	AMOUNT	GENERAL
RECEIVED	DATE	NO.	ASSESSED	RECEIVED	FUND

4/10/17	12/31/16	12469	$    11,491.00  $	11,491.00  $  11,491.00
6/27/17	'  6/30/17	13233	$      11,491.00   $	11,491.00   $      1111,,449911..0000
9/27/17	14176	$s   11,491.00   $	11,491.00   $      11,491.00
15748	11,491.00 $	11,491.00 $
$   45,964,00  $	45,964.00 $ 45,964.00	
REUNION WEST SPE, UC	$2,946.00	$2,946.00

DATE
RECEIVED
2/27/17	DUE DATE
12/31/16	CHECK NO.
12469	NET
ASSES7S3E6D.50	AMOUNT
RECEIV7E3D7.00	GENERAL FUND
$	737.00	
4/10/17	3/31/17	13233	s	736.50	s	737.00	s	737.00	
									
9/27/17	9/30/17		s	736.50	$s	737.00	s	773377..0000	
		15748					
				2 946.00	$	2,948.00		

SUMMARY

GENERAL FUND DEBT SERVICE TOTAL DIRECT BILUD		s S22,994,00 $  267,997.00 TOTAL RECEIVED	$ 522,994.00 $ 267,996.00
VARIANCE	$

14 

DReisutrniicotn East

Reunion East/ West COO Direct Billed Assessments for FY 2017

$7,459

ILandownder	Product	Total O & M  Total Debt	Total Due	O&M	Debt	Total	Paid

C1i1ti-1c-o1m5mDuSnIinttierest

NFeobv

$2,,744961

$3,729

$$126,,495750 Paiid 1/12/17

$3,729

!Totals

Estoppel

34-25-27-4012-0001-0013  66 Comm	$10,982	$14,917	$25,899	May	 	$2,746	$6,475 Paid 1/12/17

$5,054

$10,982	$14,ill_____ �	Total	 $10,982	$14,917	$25,899

L3R5A-2O5-R2LA7-N488DO5-LPLRCCL-CX:30  4 MF

$1,849

$6,903

FNeobv

O& M$925	Debt $2,527	Tota$l 3,452 Paaiid 10/11/2016

$1,849	$5,054	$6,903

TMoatayl

$462	$$1,,264	$11,,726 PPaaiid 10/111/2016

E11H-O1F-15 Interest

$358,021

$510,486

ONoctv

O&M $0	Debt	$0	Total	Paid

3257--2255-27--4298985--TPRCLC--OlFDC2O0  32042C.o29mCmo/m75m5/M70F1 MF/300 Hotel	$490,846     $1$,125021,,486458	$1$,649152,,46964	FMeaby

$227,462	$482574,,204158

$1$,635094,63689 PPaid 31//152/117

27-25-27-2985-TRAC-FD30 10 Comm/56 MF/104 Hotel

$$96009,87496

$1S,730584,,S5lQ17_	$2�	Total	$920279,,486426	$1$,740287,,280308

$2$,65184,66796 Paid 6/20/17

llandownder

DReisutnriicotn West	R2e2u-2n5io-n27W-0e00st0S-P00E 2�  90 Comm/120 MF

Total O & M Total Debt	Total Due

Dec

O&M	Debt	$0

Total	Paid

35-25-27-4881-PRCL-0020  192 MF/-12 SF	$531,,805367	$$5531,,083567	March	$38,,451	$s0o	$38,,451 Paiid 4/11/17

$2,946

35--25--2277-48881--TPRACLC··OOGOG3A0  11556CoMmFm	$2$,4954,69.6040	$45,964	JSuenpetember	$38,45511	$0

$$38,,45511 PPaid 69/2,!J7/17

	$0.00      		
$167,262	$0	$167,262	FNeobv
TMoatyal	
$51,857	$267,997	$319,854	FNeobv
TMoatyal	

$150,074	
so	
$150,074	DMeacrch	

$153,803.00

$153,803.00	Total	$153,803	$0

$0.:JO

$153,803

R22e-u2n5io-2n7W-49e2s3t-H00OA01-0080	$431,863151.50	$0.00	$413,,863151..050 Paaiid 22/15/117

22-25-27-4923-0001-00MO

$16$74,216,821.050.50

$0.00 $0.00

$1$6471,,286125..050 Paid 5/15/17

R2u2-n2io5n-2W7-e49st2D3-e00ve0lo1p-0m0eBnOt Partners

$$2152,,96248..2550	$$13663,999.s25o	$1$579,9673..050 PPaid 141//141/167

22-25-27-4923-0001-00MO

$5$1,1825,976.040.25

$267,$96967,.09909.25

$3$179,,986543..050 Paid 5/15/17

R3w4e2s5t-H2o7-ld4i0n1g2s-0004-0010  1000 Hotel

O$3&7,5M18.50

Debt

$0.00	T$3o7ta,5l 18.50 Paid 1/20/17

JSuenpetember

$$37,5118.50

$$0.0000	$$37,,518.550 PPaaiidd 46/2191/17

Total	$15$03,70,75�18.50

SO.DO so.oo

$1$5307,,057148..050 Paid 9/27/17

U

REUNION WEST COMMUNITY DEVELOPMENT DISTRICT
$57,560,000, SERIES 2004, WHICH HAVE BEEN TRIFURCATED INTO THE $16,905,000, $40,405,000, AND $250,000
SPECIAL ASSESSMENT BONDS,
SERIES 2004-1 , SERIES 2004-2, AND SERIES 2004-3 ARBITRAGE REBATE REQUIREMENT
JULY 31, 2017

� Grau & Associates
� CERTIFIED PUBLIC ACCOUNTANTS

August 25, 2017 
Reun ion West Community Development District Osceola County, Florida

2700 North Military Trail • Suite 350 BocaRaton, Florida 33431
(561 ) 994-9299 • (800) 299-4728
Fax (561 ) 994-5823
www.graucpa.com

Re: $57, 560,000 Reunion West Community Development District (Osceola County, Florida), Special Assessment Bonds, Series 2004, which have been trifurcated into the $1 6,905,000, $40,405,000, and $250,000 Special Assessment Bonds, Series 2004-1 , Series 2004-2, and Series 2004-3 Bonds (the "Bonds")
Reunion West Community Development District has requested that we prepare certain computations related to the above-described Bonds for the year ended July 31 , 201 7 ("Computation Period"). The engagement consisted of the p reparation of computations to be used to assist in the determination of the amount, if any, of the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1 986, as amended ("Code"). You have the ultimate responsibility for your compliance with arbitrage rebate laws; therefore, you should review the calculations carefully.
In order to prepare these computations, we were provided with the following information: various trust statements and the amended and restated first supplemental trust indenture for the Bonds. We did not verify or otherwise audit the accuracy of information provided to us by you or the Trustee, and accordingly, we express no opinion on such information. The attached schedules are based u pon the aforementioned information provided to us. A brief description of the attached schedules is attached .
The results of our computations based on the information provided to us indicate a negative Rebate Requirement of ($3,206,430) for July 31 , 201 7. Consequently, our results indicate no amount must be on deposit in the Rebate Fund.
The Rebate Requirement has been determined as described in the Code and the Arbitrage Rebate Regulations. We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report. It is understood that these calculations a re solely for the information of, and assistance to, the addressee for the purpose of complying with the Code and the Arbitrage Rebate Regulations. Our report is not to be used for any other purpose.
' 1?,4,,w )-�
Grau & Associates

DESCRIPTION OF ATTACHED SCHEDULES
Summary of Rebate Calculations - Provides a summary of the rebate calculations.
Purpose Expenditures Future Value Report - Verifies the rebate calculation. The report future values the purpose expenditures by the arbitrage yield limit to the computation date (July 31 , 201 7). 
Arbitrage Yield Limit (AYL) Verification Report - Verifies the calculation of the arbitrage yield limit and the arbitrage gross proceeds. Discounts the debt service schedule by the arbitrage yield limit.
True Interest Cost (TIC) Verification Report - Verifies the calculation of the true interest cost and the gross proceeds. Discounts the debt service schedule by the true interest cost.
Unspent Proceeds Report - Verifies the amount of unspent proceeds. Lists purpose expenditures in chronological order.
I nternal Rate of Return (IRR) Report Via Purpose Expenditures - Verities the internal rate of return for the investment portfolio. This report presents values the purpose expenditures by the internal rate of return to the delivery date.

Reunion West Community Development District Special Assessment Bonds, Series 2004 -Trifurcated Summary of Rebate Calculations
$ 57,560,000.00

Dated: Delivered:

08/01/2012
08/01/2012

Anniversary Date. . . . . . . . . . . . . . . . . . . . . . . ............... . . . . . . . . .... .	11 /01/2012 	
Future- Value Date. ... . .. . . . .. .... . . . . . ....•...... . . . . . .. , .... .. .. .. .	07/31/201 7	
Arbitrage Yield Limit, ..... ......... .... ... ..... ...... ...... ........ .	6.251 3383	
Total ofPurpose Expenditum; . . . . . . . .. . . . . .......... . . . . . . . . ... . . . . . . .	$56,900,387.00	
InternalRate ef&tum. .. ..... . . . . ......... . . . .... ........ . . . . .. .... .	0.0277833	
90% ifrebate liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ......... .	-$2,885,787.00	
Fuil rebate liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	-$3,206,430.01	

REUNIONW04T-2012-A I FY: 1 1 Mun-EaseElevateMalnDb 1 1 6.75 EDB I 08/25/2017 J 14:21 I Rpt22
Grau & Associates
Grau & Associates CPAs

Paoe	1

Reunion West Community Development District	Dated:	08/01/2012
Special Assessment Bonds, Series 2004 -Trifurcated	Delivered:	08/01/2012
Purpose Expenditures Future Value Report	Fl(h/r, Vakml To:	07/31/2017
$ 57,560,000.00

FV

Transaction	Grotp   F11nd	Futt1re i'a/ue  Calculation Ami	FV
Date	ID	ID	Description	Periods	�nt Earnings)	Pool %	Fa,tor	AmoHnl
8/1/2012	-1	COi	Beg. Arbitrage Gross Proceeds	10.0000000	-57,560,000.00  100.0000000 1 .36040.37	-78,304,835.30
8/2 1 /20 12	0	Rcmed Exp	9..8888889	-759,574.00   100.0000000   1.3557593	-1 ,029,799.53
8/2 1 /2012	0	Bond Trifurcation	9.8888889	44,715,452.00  100.0000000 \ .3557593	60,623,390.64
8/21/2012	0	COl	9.8888889	15,000.00  100.0000000 1.3557593	20,336.39
8/22/2012	0	COi	9.8833333	35,000.00  100.0000000  l.3555275	47,443.46
8/27/2012	0	COi	9.8555556	62,291 .00 100.0000000 1.3543691	84,365.01 
8/28/2012	0	COl	9.8500000	37,025.00 100.0000000 1.3541375	50;136.94
10/4/2012	0	Reserve 2004-1	9.6500000	-5.00  1.00.0000000 1.3458276	-6.73
11 /1 9/2012	0	Remed Exp	9.4000000	1,733.00     100.0000000    1 .3355 118	2,3 1 4.44
1 1/21 /2012	()	Rcmcd Exp	9.3888889	6,294.00    1 00.0000000  1 .3350552	8,402.84
1 1/21/2012	0	COi	9.3888889	10,000.00    100.0000000  1 .3350552	13,350.55 
1 2/14/2012	0	COi	9.26 lll ll	25,534.00 I 00.0000000 1.3298150	33,955.50
1 2/1 9/20 12	0	Remed Exp	9.23 33333	13,061 .00    100.0000000 1 .3286786	17,353.87
1/15/2013	0	COi	9.0888889	6,338.00  100.0000000 1 .3227847	8,383.81
4/10/2013	0	Remed Exp	8.6166667	27,474.00  100.0000000 1.3036983	35,817.81
5n/2013	0	Reined Exp	8.4666667	134,729.00 100.0000000 1.2976933	174,836.92
6/18/2013	0	Reµicd Exp	8.2388889	11,881.00  100,0000000 1 .2886275	15,3 10.18
6/26/20 13	0	Remed El'p	8.1 944444	6,453.00  100.0000000  1.2868660	8;304.15
7/23/2013	0	Remed Exp	8.0444444	655 .00    100.0000000 1 .2809386	839.01
7/25/2013	0	Remed Exp	8.033.3333	-1 6,544.00    100.0000000  1 .2805006	-21,184.60
8/1 9/2013	0	Remcd El'p	7.9000000	3,395.00 100.0000000 1.2752565	4,329.50
10/15/2013	0	Remed Exp	7.5888889	-58,570.00  100.0000000 1.2631 037	-73,979.98
10/28/2013	0	Remed Exp	7.51 66667	55,483.00 100.0000000 1.2602991	69,925 .17 
11 /1 /2013	0	Reserve 2004-1	7.5000000	1 ,071 .00     100.0000000   1 .2596528	1 ,349.09
1 1/6/2013	0	Remed Exp	7.4722222	20,150.00   100.0000000   1 .2585763	25,360.31
1 1/1 9/20 13	0	Remed Exp	7.4000000	22,276.00   100.0000000 l .25578 18	27,973 .79
12/9/2013	0	Remed Exp	7.2888889	120.00 100.0000000 1.2514946	ISO.IS 
1 2/19/2013	0	Remed Exp	7.2333333	7,547.00    100.0000000  1 .2493565	9,428.89
12/26/2013	0	Remed Exp	7.1944444	15,925.00 100.0000000 1.2478620	19,872,20
l/31/20i4	0	Remed Exp	7.0055556	-2,600.00   100.0000000 1 .2406284	�3,225.63
4/25/2014	0	Remed Exp	6.5333333	9,425.00  100.0000000 1.2227273	11 ,524.21
5/1 /2014	0	Reserve 2004-l	6.5000000	51.00  1 00.0000000  1.2214735	62.30
5/21/2014	0	Remcd Exp	6.3888889	35,636.00  100.0000000 1.2 173035	43,379.83
5/21/2014	0	COI	6.3888889	3,943.00 100.0000000 1.2173035	4,799.83
8/.1 4/2014	2015	Remed Exp	5.9277778	22, 137.00    ]00.0000000   1 .2001494	26,567.71
8/20/2014	201 5	Remed Exp	5.8944444	3,092.00  100.0000000 1.19891 87	3,707.06
8/22/2014	20 15	Rcmed Exp	5.8833333	9,890.00  100,0000000 1.1985088	11,853.25
11 13/2014	201.5	Reserve 2004-1	5.4888889	75.00   l00.0000000   1.1840465	88.80
l l /20/20 14	2015	Remcd Exp	5.3944444	3l,833.00   1 00.0000000  1. 1806097	37,582.35
12/15/20 14	2015	Remed Exp	5.2555556	19,589.00 100.0000000 l.l755737	23,028.31
1 2/26/2014	20 l5	Remed Exp	5.1944444	-4,754.00   100.0000000  l.l 733646	c5,578.18 
2/18/2015	2015	Remed Exp	4.9055556	1 4,250.00  I 00.0000000  1.1629779	1 6,572.44
4/14/2015	2015	Remed Exp	4.5944444	4,685.00   100.0000000  1.1518951	5,396.63
5/1/20 15	2015	Reserve 2004-1	4.5000000	68.00    I 00.0000000 1. 1485516	78.10
5/1 9/20 15	2015	Construction	4.4000000	4,695,000.00   100.0000000 l. 1450220	5,375,878.27

REUNION\IV04T�2012-A I FY: 11 Mun-EaseEtevateMainDb 1 16.75 EDB I 08/25/2017 I 14:21 I Rpt15a

Pace

I

Grau & Associates

Grau & Associates CPAs

.	-

Reunion West Community Development District	
Dated:	
08/01 /20 12	
Special Assessment Bonds, Series 2004 ·Trifurcated	Delivel'ed:	08/01 /201 2	

Purpose Expenditures Future Value Report
$ 57,560,000.00
TranJaclion	Group Fund

Future Valt1e

Calculation Amt

Fttflm Valxed To:	07/31/2017 

FV	FV

l.1397479

Date	ID	ID	Deuription	Period        s	(Int. Earnings)	Pool %	Fattor	Amo11nt
5/21/2015 	2015	Remed Exp	4.3888889	1,377.00	1 00.0000000	1. 1 446305	1 ,576.16	
6/3/2015 	2015	Remed Exp	4.3222i22	9,405.00	100.0000000	1.1422843	10,743.18 	
6/1 6/20 15 	2015	Renied Exp	4.2500000	9,500.00	100.0000000		1 0,827.61	
6/26/2015 	2015	Construction	4.1 944444	7,278,391.00	1 00.0000000	1.1 378007	8,281 ,358.71	
8/6/20. 15 	2016 	Remed Exp	3 .9722122	-31 .00	1 00.0000000	1.1 300452		
8/1 4/20 15	2016	Remed Exp	3.9277778	55,854.00	I00.0000000	l. 1285005	63,031 .26	
1 0/16/2015 	2016	Remed.Exp	3.5833333	17,493.00	l00.0000000	1.1166000	19,532.68	
3/2 1 /2016 	2016	Remed Exp	2.7222222	10,000.00	100.0000000	1.0873950	1 0,873.95	
3/24/2016 	2016	Remed .Exp	2.7055556	14,380.00	100.0000000	1 .0868374	15,628.72	
3/24/20 16	2016	Remed Bxp	2.7055556	236,920.00	100.0000000	l.0868374	257,493 .51	
5/2/2016 	2016	Reserve	2.4944444	ll,022.00	100.0000000	1.0797984	11 ,901.54	
515/20 16 	20 16 	Remed Exp	2.4777778	-7.00	100.0000000	1 .0792447	-7.55	
6/1 7/2016	2016 	Remed Exp	2.2444444	13,569.00	I 00.0000000	1.071 5218 	14,539.48	
7/3 1/2017 	-1	Unspent Proceeds as of 07/3 1/2017 	0.0000000	671 ,266.00	100.0000000	1 .0000000	67 1,266.00	
				U,653.00			-3,206,430.01	
Arbilrage Yield Limit (AYL) ..••. , •.•..•••• 	6,2513383		
InternalRate ofRetrm1 (IRR) • • ••••••.•. , •• 	0.0277833		
Future Valued TQ.. . . .... ............ .... .	7/31/2017 		

REUNIONW04T·2012-A I FY: 11 Mun-EaseE1!3vat&MalnOb I 16.75 EDB I 0.8125J2017 I 14:21 J Rpt15a
Grau & Associates

Grau & Assocm.  tes CPAs

Pt1ge	2

Reunion West Community Development District	Dated:	08/01/2012
Special Assessment Bonds, Series 2004 -Trifurcated	Delivered:	08/01 /20 12 
A.Y.L. Verification Report

57,560,000.00

MSRB 301360 SEMI 4/ 3

Coupon	Prinripal	Coupon		Interest		Cred Enh./		Periodic	Present Value		Discounted Period	Date	 /''!-}mtnl		. Rate	Pqy111ent	Sink,ing FundAtfj	Debt Senlite		Fattor	Debt Service
1	11/0 1/2012	1,930,000.00	6.250	899,375.01	2,829,375.01	0,9847287	2,786,166.87
2	05/0112013	1,030,000.00	6.250	1,738,437.50	2,768,437.50	0.9548823	2,643,53 1 .89
3	1 1/01/2013	1,706,250.00	1,706,250.00	0.9259404	1,579,885.87
4	0510112014	1,095,000.00	6.250	1 ,706,250.00	2,801,250.00	0.8978758	2,5 1 5,174.62
5	1 1/01/2014	1,672,03 1 .25	1,672,03 1 ,25	0.8706618	1,455,773.74
6	05/01/20 15	1,1 65,000.00	6.250	1,672,03 1.25	2,837;03 1.25	0.8442726	2,395,227.85
7	1 1/01/2015	1,635,625.00	1,635,625.00	0.8186833	1,339,058.88
8	05/01/2016	1,235,000.00	6.250	1 ,635,625.00	2,870,625.00	0.7938696	2,278,901.83
9	11/01/2016	1,597,0:U .25	1,597,03 1.25	0.7698079	1 ,229,407.30 
10	05/01/2017	1 ,315,000.00	6.250	1 ,597,031 .25	2,912,031.25	0.7464756	2,1 73,760. 16 
11	1 1/01/2017	1,555,937.so	1 ,555,937.so	0.7238504	1,1 26,265.97
12	05/0\/2018	1,405,000.00	6.250	1,555,937.50	2,960,937.50	0.7019UO	2,078,314.54
13	1 1/01/2018	1,512,03 1.25	1,5 12,03 1 .25	0.6806365	1 ,029,143.71
14	05/01/2019	1,490,000.00	6.250	1,512,031.25	3,002,031.25	0.6600069	1,981 ,361.34
15	l 1/0112019	1 ,465,468.75	1,465,468.75	0.6400025	937,903.72
16	05/01/2020	1,590,000.00	6.250	1 ,465,468.75	3,055,468.7S	0.6206045	1,8 96,237.64
17	l l/01/2020	1,415,781.25	1 ,41 5,781.25	0.6017944	852,009.22
18	05/01/2021	1,690,000.00	6.250	1 ,415,781 .25	3,1 05,78 1.25	0.583 5544	1,81 2,392.36
19	ll /01/202 1	1,362,968.75	1,362,968.75	O.S658673	771,259,41
20	05/01/2022	1,800,000.00	6.250	1,362,968.75	3,162,968.75	0.5487162	1,735,572.26
21	11 /01/2022	1,306,7 1 8.75	1,306,71 8.75	0.5320850	695,285.45
22	05/01/2023	1,915,000.00	6.250	1 ,306,718.75	3,22 1 ,718.75	0.5 1 59579	1,662,271. 14
23	1 1/01/2023	1,246,875.00	1 ,246,875.00	0.5003195	623,835.92
24	05/01/2024	2,040,000.00	6.250	1,246,875.00	3,286,875.00	0.48515 52	1,594,644.46
25	1 1/01/2024	l, 1 83,1 25.00	1,183,125.00	0.4704505	556,601.71
26	05101/2025	2, l70,000.00	6.250	1,1 83, 125.00	3,353,125.00	0.4561914	1,529,666.89
27	l l/01/2025	I,115,312.50	1,1 15,312.50	0.4423646	493,374.74
28	05/0 1/2026	2,3 1 0,000.00	6.250	1,115,3 12.50	3,425,3 12.50	0.4289568	l ,469,3 1 I.I I
1 1/01/2026	1,043,125.00	1,043,125.00	0,41 59554	433,893.49
30	05/01/2027	2,460,000.00	6.250	1,043,125.00	3,503,125.00	0.4033.481	1 ,412;978.78
31	1 1io112021	966,250.00	966,250.00	0.3911229	377,922.48
32	OS/O l/2028	2,620;000.00	6.250	966,250.00	3,586,250.00	0.3792682	1 ,360,1 50.63
33	11 /01/2028	8 84,375.00	884,375.00	0.3677729	325,249. 11 
34	05/01/2029	2,790,000.00	6.250	884,375.00	3,674,375.00	0.3566259	1 ,3 I0,377.31
35	11 /01/2029	797,1 87.50	797,187.50	0.3458168	275,680.84
36	05/01/2030	2,970,000.00	6.250	797;187.50	3,767,187.50	0.3353353	1,263,271.11 
37	l 1/0112030	704,375.00	704,375.00	0.325 1716	229,042.71
38	.05/01/203 1	3,160,000.00	6.250	704,375.00	3,864,375.00	0.3153158	1,21 8,498.59
39	t 1/0 l/2031	605,625.00	605,625.00	0.3057588	1 85,175.18
40	05/01/2032	3,365,000.00	6,250	605,625.00	3,970,625.00	0.29649 15	1,177,256.46
41	ll/Ol/2032	500,468.75	500,468.75	0.2875050	1 43,887.28

REUNIONW04T�2012·A I FY: 1 I Mun-EaseElevateMalnDb I 16.75 EDB I 08/25/2017 1 14:23 I Rpl011!

Grau & Associates
Grau & Associates CPAs

Page	1

Reunion West Community Development District	
Dated:	
08/01 /2012	
Special Assessment Bonds, Series 2004 •Trifurcated	Delivered:	08/0 1 /2012	

A.Y.L. Verification Report
57,560,000.00

M.rn.B 30/360 SRM14/J

Period	Date	Pt[jlllffll	Rate	P'!J111enf	Sinking. FundAdj	Debt Sef'/lice	Fodor	Debt Service	
	05/01/2033	3,580,000.00	6.250	500,468.75		4,080,468.75	0.2787909	1 ,137,597.70	
43	11 /01/2033			388,593.75		388,593.75	0.2703410	105,052.8 1	
44	05/01/2034	3,810,000.00	6.250	388,593.75		4,198,593.75	0.2621471	1, 100,649.26	
45	1 1/01/2034			269,53L2S		269,531 .25	0.2542016 	68,515.28	
46	05/01/2035	4,055,000.00	6.250	269,53 1.25		4,324,53 1.25	0.2464969	1,065,983.72	
47	11/01/2035			142,812.50		142,812.50	0.2390258	34, 135.87	
48	05/01/2036	4,570,000;00	6.250	142,812.50		4,7 12,812.50	0.2317811 	1,092,340.75	
		S7,560,000,00		52,792,812.51	0.00	110,352,812.51		57,S59,999.98	

Co,pun	Principal	Coupon	Interut

Cred. Enh./

Periodic	Pre.rent Va/11e

Discounted

True lnterest Cost (TIC). ... .. • . . .	6.251 3383	Face value ofbondIssue. ... . .
Net Interest Cost (NIC).... . ..... .........	6.2500000	Accrued interest (+) ... ..... . . . . .. .... .
Arbitrage Yield Limit {AYL) ..... .........	6.2513383	OriginaUssue premiwn/dfycount (+).... . .
Arbitrage Net/nterest Cost (ANIC). . .......	6.2500000	Bondsuretyfee (·). ............... .... .
lum{J'-sum credit e11hancemen1s (·). ...... .
Other AYL costs (·) ... , ....... .... .... .
� AYL Target.   .  •.• . • . • . .. . . .

$57,560,000.00

$0.00
$0.00
$0.00

$57,560,000.00

REUNIONW04T-2012-A J. FY: 1 1 Mun-EaseElevateMalnDb ) 16.75 EDB I 0!!/25/2017 I 14:23 I Rpt01h
Grau & Associates
Grau & Associates C PAs	Page	2

Reunion West Community Development District Special Assessment Bonds, Series 2004 •Trifurcated
T.I.C. Verification Reoort (Regular)
57 ,560,000.00

.1
MSRB   JO/360 SEiMI 4/J

Dut,d:	8/ 1/2012
D,/ii•md:	8/ 1/2012

Period	Co«pon
Date	Prindpal
Payment	ColljJon
Rate	Interest P'!Ymt11t	Credit
Enhancements	Periodic	Pruent  Value		Discounted DebJSen,i&e		Fa,tor	Debt Seniice	
	1 1/1/2012 	1 ,930,000.00	6.250	899,375.01	2,829,375.01 	0.9847287	2,786,1 66.87	
2	5/1/20 13 	1 ,03.0,000.00	6.250	1,738,437.50	2,768,437.50	0.9548823	2,643,53 1.89	
3	11/1/2013			1 ,706,250.00	1,706,250.00	0.92S9404	1 ,579,885.87	
4	5/1/2014	1 ,095,000.00	6.250	1 ,706,250.00	2,801 ,250.00	0.89787S8	2,5 15,1 74.62.	
5	1 1/1/2014			1 ,672,031.2S	1,672,031 .25 	0.8706618 	1 ,455,773.74	
6	5/1/201 5	1,165,000.00	6.250	1 ,672,031 ,25	2,837,03 1.25	0.8442726	2 ,395,227.85	
7	11 /112015			1 ,635,625.00	1,635,625.00	0.8186833	1 ,339,058.88	
8	5/1/2016	1 ,235,000.00	6.250	1,635,625.00	2,870,625.00	0.7938696	2,278,901.83	
9	1 1 /1/2016			1,597,031 .25	1,597,031 .25	0.7698079	1 ,229,407.30	
10	5/1/2017	1 ,31 5,000.00	6.250	1,597,031.25	2,912,031 .25	0.7464756	2,173,760.16	
II 	11 /\/2017 			1 ,555,937.50	1,555,937.50	0.7238504	1,126,265.97	
12	5/1/2018	1,405,000.00	6.250	t ,555,937.50	2,960,937.50	0.70191 10 	2,078,314.54	
13	1 1/1/2018			1 ,5 12,031.25	1,512,031.25	0.6806365	1 ,029,143.7 1	
14 	5/112019	1,490,000.00	6.250	1,512,031.25	3,002,03 1 .25	0.6600069	1 ,981 ,361 .34	
15 	1 1 /1/20 19 			1 ,465,468;75	1,465,468.75	0.6400025	937,903.72	
16 	5/1/2020	1,590,000.00	6.250	1,465,468.75	3,055,468.75	0.6206045	1, 896,237.64	
17 	11/\ /2020			1 ,41 5,781.25	l ,41 5,78l.25	0.6017944	852,009.22	
\8 	5/1/2021	1 ,690,000.00	6.250	1 ,41 5,781 .25	3,105,781 .25	0.5835544	1,812,392.36	
19 	1 1/1/202 1			1,362,968.75	1 ,362,968.75	0.5658673	771,259.41	
20	5/1/2022	1,800,000.00	6.250	1 ,362,968.75	3,162,968.75	0.5487162	1 ,735,572.26	
21 	11/ 112022			1 ,306,718.75	1 ,306,718.75	0.5320850	695,285.45	
22	5/112023	1,915,000.00	6.250	1,306,718.75	3,221,71 8:75	05159579	l ;662;271.14	
23	11/1/2023			1,246,1\75.00	1 ,246,875.00	0.5003195	623,835.92	
24	5/1/2024	2,040,000.00	6;250	1 ,246,875.00	3,286,875.00	0.4851552	1,594,644.46	
25	1 1/1/2024			1,183,125.00	1,i83,12S.OO	0.4704505	556,601 .71 	
26	5/112025	2,1 70,000.00	6.250	1,1 83, 125.00	3,353,125.00	0.4561914	1 ,529,666.89	
27	11/ 1/2025			1,1 15,3 12.50	1 ,1 15,3 12.50	0.4423646	493,374.74	
28	5/112026	2,3 10,000.00	6.250	1,115,312.50	3,425,3 12.50	0.4289568	1 ,469,3 1 I.I I	
29	1 1/1/2026			1,043,125.00	1 ,043;125.00	0.4159554	433,893.49	
30	5/1/2027	2,460,000.00	6.250	1,043,125.00	3,503,125.00	0.4033481	1,412,978.78	
31 	1 1/1/2027			966,250.00	966,250.00	0.3911229	377,922.48	
32	.5/1/2028	2,620,000.00	6.250	966,250.00	3,586,250.00	0.3792682	1 ,360,150.63	
33	ll/l/2028-			884,375.00	884,375.00	0.3677729	325,249.11 	
	5/1/2029	2,790,000.00	6.250	884,375.00	3,674,375.00	0.3 566259	1 ,31 0,377.31	
35	1 1/1/2029			797,187.50	797 ,187.50	0.34581 68	275,680.84	
36	5/1/2030	2,970;000.00	6.250	797, 187.50	3,767,187.50	0.3353353	1 ,263,27 \.11 	
37	l l/1/2030			704,375.00	704,375.00	0.3251716	229,042.71	
38	5/1/203.l	3,160,000.00	6.250	704,375.00	3,864,375.00	0.31 53158	1 ,21 8,498.59	
39		\11112031			605,625.00		605,625.00	0.3057588	1 85,175.18	
40	5/1/2032	3,365,000.00	6.250	605,625.00	3,970,625.00	0.2964915 	I, 1 77,256.46	
41 	11/1/2032			500,468.75	500,468.75	0.28750S0	1 43,887.28	

34

REUNIONW04T-201 2cA. I FY: 1 J Mun-EaseElevateMalnDb 11 6.75 EDB I 08/25/2017 1 14:23 \ Rptota
Grau & Associates	Page	1
Grau & Associates CPAs

Reunion West Community Development District	1 2

Special Assessment Bonds, Series 2004 -Trifurcated

MSRB JO/160 SE.M. 4/J

T.I.C. Verification Reoort {Regular)
57,560,00M0	

Dated: D,fh.,red:

8/1/2012
8/1/2012

Period	Co11Pon
Date	Prinripal
Payment	Co11Pon
Rate	Interest
Payment	Credit
Enhan&ement1	Periodic
Debt Service	Present Va/He
Fador	Disco,mted Debt Service	
	S/1/2033	3,580,000.00	6.250	500,468.75		4,080,468.75	0.2787909	1,137,597.70	
43	1 1/112033			388,593.75		388,593.75	0.2703410 	1 05,052.8 1	
44	S/1/2034	3,81 0,000.00	6.250	388,593.75		4,1 98,593.75	0.2621471	1,100,649.26	
	1 1/1/2034			269,53 1.25		269,531 .25	0.2542016	68,5.15.28	
46	5/1/2035	4,055,000.00	6.250	269,531.25		4,324,53 1.25	0.2464969	1,065,983.72	
47	1 111/2035			142,812.50		1 42,812.50	0.2390258	34, 135.87	
48	511/2036	4,570,000.00	6.250	142,812.50		4,7 12,81 2.50	0.231 7811 	1 ,092,340.75	
		57,560,000.00		51, 792,812.51	0.00	110,352,812.Sl		57,559,999.98	

True lnterest Cost (TIC)	6.2513383
Net Interest Cost (NIC). ... • . . . .. . •	6.2500000
Arbitrage Yield Limit (AYL)	6.2513383
Arbitrage Net Interest Cost. (ANTC) .. . . ...... •	6.2500000

Face value ofbond Issue. . . . . . . . . . . . . . . .
Accrued interest (+) . . ................ .
Original is:rue premiumldisc(Jllnt  (+)  . . . .  . .
UnderwriJer discount (+)........ ...... 
Lump-sum credit enlu;ncements (·) ...... .
Other TIC costs (-) . .. . .. . . . . . ......... .
Bond suretyfee (-) . . . .. . . . . . . . . . . .... .
= TICTarget   . . . . .. ... .... .

$57,560,000.00

$0.00
$0.00
$0.00

N/A
$57,560,000.00

REUNIONW04T-201 2-A I FY: 1 I Mun-EaseElevateMalnDb 1 16.75 EDB I 08/2512017 I 14:23 I Rpl01a
Grau & Associates	Page	2
Grau & Associates CPAs

Reunion West Community Development District	Dated:	08/01/2012 
Special Assessment Bonds, Series 2004 -Trifurcated	Delivered:	08/01/2012
Unspent Proceeds Report
$ S 7, 560,000.00

Cale	G,p	Fund	Gross	Pool	Nonj)ll,pose	Pwpose	Unspent

08/01 /2012	-1 	N	COi	Bog. Aibitrag• Gro_ss Proceeds		I00.0000000		57,S60,000.00	
08/21 /2012	0	y		Rcmed Exp	-7S9,S74.00	I 00.0000000	-759,574.00	58,31 9,574.00	
08/21 /2012	0	y		COi	IS,000.00	I00.0000000	lS,000.00	58,304,574.00	
08/21 /2012	0	y		Bond Trifurcation	44,715,452,00	I00.0000000	44,71 S,4S2.00	13,S89,122.00	
08/22/2012	0	y		COi	35,000.00	100.0000000	35,000.00	13,554, 122.00	
08/27/2012 	
0	y		COi	62,:i9I.OO	I 00.0000000	62,291.00	13,491,83 1 .00	
08/28/2012	0	y		COi	37,025.00	I 00.0000000	37,025.00	13,4S4,806.00	
10/04/20 12 	0	y		Reserve 2004-1	-5.00	100.0000000	-5.00	13,454,8 J. 1 00	
ll/19/2012	0	y		Remed Exp	1 ,733.00	100.0000000	1,733.00	1 3,453,078.00	
I l/2112012 	0	y		Remcd Exp	6,294.00	I 00.0000000	6,294.00	13,446,784.00	
12/19/2012 	0	y		Remed Exp	13,061.00	100.0000000	13,061 .00	13,398,[89.00	
01/15/2013	0	y		COi	6,338.00	100.0000000	6,338.00	13,391,851.00	
04/10/20 13 	0	y		Remed Exp	27,474.00	100.0000000	27,474.00	13,364,377.00	
05/07/2013	0	y		Remcd Exp	134,729.00	100.0000000	134,729.00	13,229,648.00	
06/1 8/2013 	0	y		R.emcd Exp	ll ,881 .00	I 00.0000000	11,881 .00	13,217,767.00	
06/26/2013 	0	y		Remcd Exp	6,453.00	l00,0000000	.6,453.00	B;2ll,3 l 4.00	
07/23/2013	0	y		Remed .Ei<p	6SS.00	100.0000000	65S.00	13,21 0,659.00	
07/25/2013 	0	y		Remcd Exp	-1 6,544.00	1 00.0000000	-1 6,544.00	13 ,227.203.00	
08/19/20[3	0	y		Re� Exp	3,:\95.00	100.0000000	3,39S.OO	13,223,808.00	
1 112 1/20[2	0	y		COi	10,000.00	I00.0000000	10,000.00	1 3,436,784.00	
12/14/2012 	0	y		COi	2S,534.00	100.0000000	25,534.00	1 3,411 ,250.00	
1 0/15/2013	0	y		Remed Exp	,S8,57Q.00	I 00.0000000	-58,570.00	13,282,378.00	
10/28/2013	0	y		Remcd Exp	SS,483.00	.I 00.0000000	55,483.00	13,226.895.00	
1 1/01/2013	0	y		Resesvc 2004-1	1,071.00	100.0000000	1,071.00	13,225,824.00	

Dau	ID         P111p	lD	Description	Amo1111t	Ptrrmlag,	lnvt,tmenl	Expenditnrts	Pro,ew

11/06/20[3	0    y	Remed Exp	20,1 50.00	I 00.0000000	20, 150.00	13,205,674.00 REUNIONW04T-2012·A I FY: 11 MUII-EaseElevateMalnOb I 16.75 EOB I 08/25/2017 I 14:21 I Rpt11
Grau & Associates
Grau & Associates CPAs	Page	i

Reunion West Community Development District	Dated:	08/01/2012
Special Assessment Bonds, Series 2004 -Trifurcated	Delivered:	08/01/2012 
Unspent Proceeds Report
$ 57, 560,000.00

Cale	G,p	F11nd		Gross	Pool	Nonp11,pose	P11,pose	
Date	ID	P11,p	ID	Dmription	Amo11nt	Pemntage	Investment	Expenditures	

Unspent
Proauu

11 /19/2013	0    y	Remed Exp	22,276.00	I 00.0000000	22,276.00	13,183,)98.00
12/09/2013	0    y	Remed Exp	120.00	I00.0000000	120.00	13,183,278.ilO

12/19/20 13	0    y	Remcd Exp	7,547.00	100.0000000	7,547.00	13,175,7) 1 .00

1.2126/20 13	0    y	Remed Exp	15,925.00	I00.0000000	15,925.00	13,159,806.00

01131/2014	0   y	Reme4 Exp	-2,600.00	100.0000000	-2,600.00	13,162,406.00

12/15/2014	2015    y	Remed E,tp	19,589.00	I00.0000000	19,589.00	l3,026,7JrnO

12/26/2014	2015   y	Remed Exp	-4,754.00	I00.0000000

1 3,031 .489.00

02/18/2015	2015   y	Remed Exp	14,250.00	1 Q0.0000000	14,250.00	13,017,239.00

0411 4/2015	2015   y	Remcd Exp	4,685.00	1 00.0000000	4,685.00	13,01 2,554.00

05/01/2015	2015  y	Reserve 2004--1	68.00	I 00.0000000	68.00	13,012,486.00

OS/1912015	2015   y	Construction	4,695,000.00	1 00.0000000	4,695,000.00	8,J 17,486.00

05/21/2015	i015    y	Remed Exp	1 ,377.00	1 00.0000000	1,377.00	8,316, 109.00

06/03/201,5	2015  y	Repied E,p	9,405.00	I00.0000000	9,405.00	8,306,704.00

06/1 6/2015	2015   y	Remed Exp	9,500.00	I00.0000000	9,500.00	8,297,204.00.

06/17/2016	2016  y	Remed Exp	13,569,00	I00.0000000	13,569.00	659,613.00

04/25/2014	0   y	Rcmed Exp	9,425.00	100.0000000	9,425.00	13,152,981.00

05/01/2014	0    y	Reserve 2004--1	51.00	l 00.0000000	51 .00	13,1 52,930.00

OS/2112014	0    y	Reme4 £xp	35,636.00	100.0000000	35,636.00	13;117,294.00
05/21/2014	0    y	cor	3,943.00	l00.0000000	3,943.00	13,1 13,351.00
08/14/2014	2015   y	Remed E>p	22,1J7:oo	I00.0000000	22,137.00	13,091,214.00

08/20/2014	2015   y	Remed EKp	3,092.00	I00.0000000	3,092.00	13,088,122.00

08122/2014	2015  y	Remcd E,p	9,890.00	100.0000000	9,890.00	I :i,07&,232.00

l l/0312014	2015  y	Reserve 2004-1	75.00	100,0000000	75.00	13,078,157.00

11/20/2014	2015  y	Remed Exp	31,833.00	I00,0000000	31,833.00	13,046,324.00

REUNIQNW04T·2012·A I FY: 1 1 Mun-EaseElevateMalhOb I 16.75 EOB I 08/25/2017 1 14:21 I Rpt11

Page

Grau & Associates CPAs

Grau & Associates	2

Reunion West Community Development District
Special Assessment Bonds, Series 2004 -Trifurcated
Unspent Proceeds Report
$ 57,560,000.00

Date,/:
Delivered:

08/01/2012
08/01/2012

Calt	Grp		Fund		Gro;t	Pool	Nonpurpore	Pmpose		Unspent	
Date	ID	Pllr/J	ID	Desmplion	A111011nt	Pemnt,,ge	Tnve.rtment	Explnditm:r		Promds	
06/26/201 5	2015	y	Construction	7,178,391.00	I00.0000000		7,278,391 .00	1 ,018,813.00	
08/06/2015	2016	y	Remed Exp		I 00.0000000		-3 1 .00	1,018,844.00	
08/14/201 5	2016	y	Rcmcd Exp	ss,ss4:oo	I00.0000000		
SS,854.00	
962,990.00	
10/16/2015	2016	y	Remed E.xp	17,493.00	I00.0000000		17.493.00	945,497.00	
03/2 1/2016	2016	y	Remed Exp	10,000.00	I00:0000000		1 0,000.00	935,497.00	
03/24/2016	2016	y	Rcmed Exp	14,380.00	100.0000000		14,380.00	92 1,117.00	
03/24/2016	2016	y	Remed Exp	236,920.00	1 00.0000000		236,920.00	684,197.00	
OS/0212016	2016	y	Reserve	11,022.00	100.0000000		11 ,022.00	673, 175.00	
05/05/2016	2016	y	Romed Exp	-7.00	I00.0000000		•7.00	673, 182.00	
				56,900,3&7.oo		o.oo	
56,900,387.oo	

s

First lIIYestment Date. ••..•. ..•.• . •• . •••..•••• 	8/2112012	
Calculation Date • . . ••••••••• , .••••••... •..•• 	7/31/2017	
Arbitrage Yield Limit (AYL)..... ......... ...... 	6.251 3383	
Internal Rate ofReturn (IRR), •••• ••••• •. . . •• . .	0.0277833	

RE.UNIONW04T-2012-A I FY: 1 I Mun,EaseElevateMalnDb l 18,75 EDB I 08/25/2017 I 14:21 \ Rpt11

Grau & Associates CPAs

Grau & Associates

Page	3

Reunion Wesl Community Development District	Dated:	08/01/2012
Special Assessment Bonds, Series 2004 -Trifurcated	Delivered:	08/01/2012
I.R.R. Report Via Purpose Expenditures
$ 57,S60,000.00

Grp	Tram	F11nd		Di:Y Co11nt	Caklilati/Jn Amt	Pool	- I	
JD	Date	ID	Demipti(lll	Factor	(Int,mt Earnings)     Pctg	PV	

nttntalRate  of&him  ""'
Factor	PVAmt
-1 0810 112012	Beg.  Arbitrage Gross Proceeds	0.0000000	(57,560,000.00) 1 00.000	l.0000000	(57,560,000.00)
0 08/2 112012	Bond Trifurcation	0.1 111111	44,715,452.00   1 00.000    0.9999846	44,714,76 1.86
08/21/2012	COi	O. lllllll	15,000.00 100.000 0.9999846	14,999.77

34,999.43

08/'.W2012	Remed Exp	0. 1111111	(759,574.00} 100.000    0.9999846	(759,562.28)
08/22/201.2	COi	0. 1166667	35,000.00 100.000 0.9999838
08/27/2012	COi	0.1444444	62,291.00  100.000  0.9999799	62,289.75
08/2812012	COi	0.1500000	37,025.00  100.000  0.9999792	37,024;23
10/04/20 12	Resetve 2004-1	0.3500000	(S.00) 1 00.000    0.9999514	(5.00)
1 1/19/2012	Remed Exp	0.6000000	1,733.00   1 00.000    0.9999167	1,732.86

11/2112012 	Remed Exp	Q.6lll ll 1	6,294.00 1 00.000  0.9999151	6,293 .47	
1 2/1 4/2012 	COi	0.7388889	25,534.00  100.000  0.9998974	25,531 .38	
12119/2012	Rerned Exp	0.7666667	13,061.00 100.000 0.9998935	13,059.61	
01/15/2013	COi	0.91 1llll 	6,338.00 100.000 0.9998734	6,337.20	
04/10/2013 
05/07/2013 	Remed Exp
Remed Exp	1 .3833333
1.5333333	21,414:00   1 00.000   0.9998079
134,729.00  100.000 0.9997870	27,468.72
134,700.3\	
06/18/2013	Remed Exp	l.76lllll 	11 ,881.00 100.000 0,9997554	11 ,878.09	
06/26/2013 	Remed Exp	1 .8055556	6,453.00 100.000 0.9997492	6,451 .38	
07/23/2013	Remed Exp	1.9555556	655.00 100.000 0.9997284	654.82	
07/25/2013 	Remed Exp	1 .9666667	(1 6,544.00) 1 00.000 0.9997269	(1 6,539.48}	
08119/2013	Remed Exp	2.1000000	3,395.00 .100.000 0.9997083	3,394.01	
10/15/2013	Remed Exp	2.4111111 	(58,570.00)  1.00.000    0.9996651	{58,550.39)	
10/2812013	Remed Exp	2.48333�3	55,483.00 1 00.000 0.9996551	55,463.86	
11101/2013	Reserve 2004-1	2.5000000	1 ,071 .00 100.000 0.9996528	1 ,070.63	
11106/2013	Remed Exp	2.5277778	20, 1 50.00 100.000 0.9996489	20,142.93	
11/19/2013 	Remed Exp	2.6000000	22,276.00  100.000   0.9996389	22,267.96	
12/09/2013 	Remed Exp	2.7111111	1 20.00   100.000     0.9996235	1 19.95	

1112112012	COi	0.6111111	10,000.00 100.000  0.9999151	9,999.15 

12/19/2013	Remed Exp	2.7666667	7,547.00 100.000  0.9996158	7,544. 10
12/2612013	Remed Exp	2.8055556	15 ,925.00  100.000 0 .9996104	15,918.80
01/31/2014	Remed Exp	3.0000000	(2,600.00) 100.000  0.9995834	(2,598.92)
04/25/2014	Rcmcd Exp	3 .4666667	9A25.00    1 00.000   0.9995 186	9,420.46
05/01 /2014	Reserve 2004-1	3 .5000000	51 .00  100.000    0.9995139	50.98
05/2 1/2014	COi	3.61 11111	3,943.00    100:000     0.9994985	3,941 .02
05/21 /2014	Remed Exp	3.61 11111	35,636.00   1 00.000    0,9994985	35,618.13
2015 08/14/2014	Remed Exp	4.0722222	22,137.00 100,000 0.9994345	22, 124.48
08/20/2014	Remed Exp	4.1055556	3,092.00 100.000 0.9994299	3,090.24
08/2212014	Remed Exp	4. 1 166667	9,890.00  100,000  0.9994283	9,884.35
11/03/2014	Resetve 2004-1	4.51 1(1 11	7S.OO  100:000	0.9993716
11/20/2014	Remed Exp	4.6055556	31 ,833.00 1 00.000  0.9993605	31,812.64
12/15/2014	Remed Exp	4.7444444	19,589.00 100.000  0,9993412	19,576.09
12126/2014	Remed Exp	4.8055556	(4,754.00) 100.000  0.9993327	(4;750.8l)
02/18/2015	Remed Exp	5.0944444	14,250.00  100.000  0.9992926	14,239.92
04114/2015	Remed Exp	5 .4055556	4,685.00  100.000  0.9992494	4,681.48
05/01 /2015	Reserve 2004-1	5.5000000	68.00  1 00.000   0.9992363	67•.9S
05/1 9/2015	Construction	5.6000000	4,695;000.00  100.000  0,9992224	4;691 ,349.28
05/2 1/2015	Remed Exp	5.6111111	1 ,377.00  100.000    0.9992209	1,375.93
06/03/20 15	Remed Exp	5.6777778 .	9,405.00   100.000	0.9992116
06/16/2015	Remed Exp	5.7500000	9,500.00  1 00.000   0.9992016	9,492.42
06/26/2015	Construction	5.8055556	7,278,391 .00 100.000  0.9991939	7,272,523.83
2016 08/06/2015	Remed Exp	6.0277778	(J l .00) 100.000 0.9991630	(30.97}
08/1 4/2015	Remed Exp	6.0722222	55,854.00  100.000  0.9991 569	55,806.91

REUNIONW04T-201 2-A I FY: 11 Mun-EaseEleyateMalnDb I 18.75 EDB J 08/25/2017 I 14:21 I Rpto9c
Grau & Associates	Page	1
Grau & Associates CPAs

Reunion West Community Development District
Special Assessment· Bonds, Series 2004 -Trifurcated
I.R.R. Report Via Purpose Expenditures

Dated: Delivered:

08/01/2012
08/01 /2012

$ 57,560,000.00	

G,p

Tram

F11nd

Dqy Count  Calc11/ation Amt	Pool	.,,.. Internal Rate of&tum **

ID	Datt

JD	Desmption	Far/or	(Inteml Earnings)  Pttg	PV Fa,tor

PVAmt

2016 1 D/1 6/2.0 15
03/21/2016 
03/24/2016 
03/24/2016
05l02i2016 
05/05/20 16 
06117/201 6
99999 07/3.1/2017 

Remed Exp Remed Exp Remed Exp Remed Exp Reserve Remed Exp Remed Exp
Um,pent Proceeds as.of07/31/2017 

6.41 66667
7.2777778
7.2944444
7.2944444
7.50555!,6
7.5222222
7.7555556
10.0000000

17;49lOO  100.000	0.9991 091 
10,000.00   100,000    0.9989896
14,380.00   100;000    0.9989873
236,920.00   100.000    0.9989873
11,022.00  100.000  0.9989580
(7.00)  100.000    0.9989557
13,569.00   100.000    0.9989233
671,266.00   100.000   0.9986119
11,653.00

17,477.42
9,989.90
14,365.44
236,680.06
11,010.51
(6.99)
13,554.39
670,334.21
(0.03)

Arbitrage Yield Limit. .. ..... . . ..... .
InternalRale ofReturn . , ..... . ..... 
Calculation Standard . ...... ..... .. . .

6.2513383
0.0277833
MSRB 30/360 SEMI 4/3

RE\,JNIONW04T-2D12-A I FY: 1 1 Mun-EaseElevateMalnDb I 16.75 EDB I 08/25/2017 1 14:21 I Rpl09c
Grau & Associates	Page	2
Grau & Associates CPAs