Grand Bay At Doral Community Development District

Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

DETAILED FINAL BUDGET

BUDGET COMPARISON

DETAILED FINAL BUDGET

BUDGET COMPARISON

DETAILED FINAL BUDGET - DORAL BREEZE

DETAILED FINAL BUDGET - MIDTOWN

DETAILED FINAL BUDGET - NORTH PARCEL

DETAILED FINAL BUDGET - SOUTH PARCEL

DETAILED FINAL 2012/2022 (DORAL BREEZE) DEBT SERVICE FUND BUDGET

DETAILED FINAL 2014 (MIDTOWN) DEBT SERVICE FUND BUDGET

DETAILED FINAL 2014 (NORTH PARCEL) DEBT SERVICE FUND BUDGET

DETAILED FINAL 2016 (SOUTH PARCEL) DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON - NORTH PARCEL

ASSESSMENT COMPARISON - SOUTH PARCEL

DETAILED FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET		DORAL BREEZE FISCAL YEAR 2022/2023 BUDGET	MIDTOWN DORAL FISCAL YEAR 2022/2023 BUDGET	GRAND BAY NORTH FISCAL YEAR 2022/2023
BUDGET	GRAND BAY SOUTH FISCAL YEAR 2022/2023
BUDGET	
FISCAL YEAR 2022/2023 BUDGET	
Administrative Assessments	132,543	125,014		29,985	27,717	14,588	61,917	134,207	
Maintenance Assessments	239,041	370,745		35,213	200,000	24,628	103,989	363,830	
Direct Bill O&M Assessments	19,703	0		0	0	0	0	0	
Debt Assessments - A Bonds	2,530,689	2,454,396		730,663	0	0	1,569,891	2,300,554	
Debt Assessments - A-1 Bonds	986,079	985,790		0	631,354	354,436	0	985,790	
Debt Assessments - A-2 Bonds	866,167	866,004		0	616,148	249,856	0	866,004	
Other Revenues	25,186	0		0	0	0	0	0	
Interest Income	2,004	1,000		219	89	215	477	1,000	
									
TOTAL REVENUES	$	4,801,412	$	4,802,949		$	796,080	$	1,475,308	$	643,723	$	1,736,274	$	4,651,385	
									
EXPENDITURES									
Maintenance Expenditures									
Preserve/Wetland Mitigation Area Maintenance	47,750	85,000		13,600	13,700	13,700	49,000	90,000	
Miscellaneous Maintenance	3,293	50,000		1,000	14,300	900	18,800	35,000	
Lawn/Landscape Service - Median/Right Of Way MTE	0	12,000		1,000	0	1,000	8,000	10,000	
Mulch/Fertilizer/Pesticide	0	1,900		300	0	400	1,200	1,900	
Lift Station/Sanitary Sewer Line MTE (Adagio)	24,154	8,000		0	0	2,500	7,500	10,000	
Lift Station/Sanitary Sewer Line MTE (Midtown)	102,620	30,000		0	30,000	0	0	30,000	
Irrigation Systems MTE & Power	821	7,200		3,500	1,500	300	900	6,200	
Security	0	0		0	0	0	0	0	
Tree/Shrubbery Replacement	0	2,000		500	0	250	1,250	2,000	
Annual Engineer's Report & Misc Engineering	4,580	8,000		800	2,000	1,600	3,600	8,000	
Lake Tract MTE & Fountain MTE - DB & MT	12,185	20,000		11,000	9,000	0	0	20,000	
Roadway/Signage/Drainage	0	5,900		400	500	500	4,000	5,400	
Midtown Plaza Maintenance Reimbursement	150,060	105,000		0	110,000	0	0	110,000	
FPL Easement Maintenance/Upkeep	0	6,250		1,000	2,500	1,000	1,750	6,250	
FPL Power Sanitary Sewer Lift Stations	0	7,250		0	4,500	1,000	1,750	7,250	
									
Total Maintenance Expenditures	345,463	348,500		33,100	188,000	23,150	97,750	342,000	
									
Administrative Expenditures									
Management	35,076	35,566		7,982	3,387	4,888	20,376	36,633	
Supervisor Fees	0	3,000		750	750	750	750	3,000	
Payroll Taxes	0	232		58	58	58	58	232	
Field Operations	7,320	7,320		1,050	3,000	1,037	2,233	7,320	
Legal	9,554	21,500		4,704	1,892	4,642	10,262	21,500	
Assessment Roll	10,000	10,000		2,188	880	2,160	4,772	10,000	
Audit Fees	6,900	8,000		1,750	704	1,727	3,819	8,000	
Arbitrage Rebate Fee	3,000	3,000		500	1,000	1,000	500	3,000	
Insurance - GL & Public Officials Liability Insurance	7,543	8,000		2,050	825	2,023	4,472	9,370	
Insurance - Property Coverage	0	6,800		300	4,500	750	1,250	6,800	
Legal Advertisements	444	1,500		306	123	302	669	1,400	
Miscellaneous	982	3,000		656	264	648	1,432	3,000	
Postage	296	800		129	171	127	348	775	
Office Supplies	659	1,500		318	122	314	696	1,450	
Dues & Subscriptions	175	175		38	15	38	84	175	
Trustee Fee	21,091	21,500		4,000	7,000	7,000	3,500	21,500	
Continuing Disclosure Fee	3,000	3,000		500	1,000	500	1,000	3,000	
Website Management	2,000	2,000		437	176	432	955	2,000	
Property Taxes	77	1,000		164	66	162	358	750	
Administrative Contingency	0	2,400		525	210	520	1,145	2,400	
Total Administrative Expenditures	108,117	140,293		28,405	26,143	29,078	58,679	142,305	
									
TOTAL EXPENDITURES	$	453,580	$	488,793		$	61,505	$	214,143	$	52,228	$	156,429	$	484,305	
									
REVENUES LESS EXPENDITURES	$	4,347,832	$	4,314,156		$	734,575	$	1,261,165	$	591,495	$	1,579,845	$	4,167,080	
									
Bond Payments (A)	(2,423,668)	$	(2,307,133)		(686,823)	0	0	(1,475,698)	$	(2,162,521)	
Bond Payments (A-1)	(948,452)	$	(926,643)		0	(593,473)	(333,170)	0	$	(926,643)	
Bond Payments (A-2)	(833,748)	$	(814,043)		0	(579,179)	(234,864)	0	$	(814,043)	
									
BALANCE	$	141,964	$	266,337		$	47,752	$	88,513	$	23,461	$	104,147	$	263,873	
									
County Appraiser & Tax Collector Fee	(44,713)	$	(96,039)		(15,917)	(29,504)	(12,870)	(34,715)	$	(93,006)	
Discounts For Early Payments	(147,059)	$	(192,078)		(31,835)	(59,009)	(25,741)	(69,432)	$	(186,017)	
									
EXCESS/ (SHORTFALL)	$	(49,808)	$	(21,780)		$	-	$	-	$	(15,150)	$	-	$	(15,150)	
									
Carryover From Prior Year	0	21,780		0	0	15,150	0	15,150	
									
NET EXCESS/ (SHORTFALL)	$	(49,808)	$	-		$	-	$	-	$	-	$	-	$	-	

Units
Total Units	Doral Breeze	Midtown Doral	Grand Bay North	Grand Bay South*	Total Units	
4,251	541	1847	347	1516

* - Includes 440 Apartment Units	4251	

BUDGET COMPARISON
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	
Administrative Assessments	132,543	125,014	134,207	
Maintenance Assessments	239,041	370,745	363,830	
Direct Bill O&M Assessments	19,703	0	0	
Debt Assessments - A Bonds	2,530,689	2,454,396	2,300,554	
Debt Assessments - A-1 Bonds	986,079	985,790	985,790	
Debt Assessments - A-2 Bonds	866,167	866,004	866,004	
Other Revenues	25,186	0	0	
Interest Income	2,004	1,000	1,000	
				
TOTAL REVENUES	$	4,801,412	$	4,802,949	$	4,651,385	
				
EXPENDITURES				
Maintenance Expenditures				
Preserve/Wetland Mitigation Area Maintenance	47,750	85,000	90,000	
Miscellaneous Maintenance	3,293	50,000	35,000	
Lawn/Landscape Service - Median/Right Of Way MTE	0	12,000	10,000	
Mulch/Fertilizer/Pesticide	0	1,900	1,900	
Lift Station/Sanitary Sewer Line MTE (Adagio)	24,154	8,000	10,000	
Lift Station/Sanitary Sewer Line MTE (Midtown)	102,620	30,000	30,000	
Irrigation Systems MTE & Power	821	7,200	6,200	
Security	0	0	0	
Tree/Shrubbery Replacement	0	2,000	2,000	
Annual Engineer's Report & Miscellaneous Engineering	4,580	8,000	8,000	
Lake Tract MTE & Fountain MTE - DM & MT	12,185	20,000	20,000	
Roadways/Signage/Drainage	0	5,900	5,400	
Midtown Plaza Maintenance Reimbursement	150,060	105,000	110,000	
FPL Easement Maintenance/Upkeep	0	6,250	6,250	
FPL Power Sanitary Sewer Lift Stations	0	7,250	7,250	
				
Total Maintenance Expenditures	345,463	348,500	342,000	
				
Administrative Expenditures				
Management	35,076	35,566	36,633	
Supervisor Fees	0	3,000	3,000	
Payroll Taxes	0	232	232	
Field Operations	7,320	7,320	7,320	
Legal	9,554	21,500	21,500	
Assessment Roll	10,000	10,000	10,000	
Audit Fees	6,900	8,000	8,000	
Arbitrage Rebate Fee	3,000	3,000	3,000	
Insurance - GL & Public Officials Liability Insurance	7,543	8,000	9,370	
Insurance - Property Coverage	0	6,800	6,800	
Legal Advertisements	444	1,500	1,400	
Miscellaneous	982	3,000	3,000	
Postage	296	800	775	
Office Supplies	659	1,500	1,450	
Dues & Subscriptions	175	175	175	
Trustee Fee	21,091	21,500	21,500	
Continuing Disclosure Fee	3,000	3,000	3,000	
Website Management	2,000	2,000	2,000	
Property Taxes	77	1,000	750	
Administrative Contingency	0	2,400	2,400	
Total Administrative Expenditures	108,117	140,293	142,305	
				
TOTAL EXPENDITURES	$	453,580	$	488,793	$	484,305	
				
REVENUES LESS EXPENDITURES	$	4,347,832	$	4,314,156	$	4,167,080	
				
Bond Payments (A)	(2,423,668)	$	(2,307,133)	$	(2,162,521)	
Bond Payments (A-1)	(948,452)	$	(926,643)	$	(926,643)	
Bond Payments (A-2)	(833,748)	$	(814,043)	$	(814,043)	
				
BALANCE	$	141,964	$	266,337	$	263,873	
				
County Appraiser & Tax Collector Fee	(44,713)	$	(96,039)	$	(93,006)	
Discounts For Early Payments	(147,059)	$	(192,078)	$	(186,017)	
				
EXCESS/ (SHORTFALL)	$	(49,808)	$	(21,780)	$	(15,150)	
				
Carryover From Prior Year	0	21,780	15,150	
				
NET EXCESS/ (SHORTFALL)	$	(49,808)	$	-	$	-	

DORAL BREEZE FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022
BUDGET	
FISCAL YEAR 2022/2023
BUDGET	
Administrative Assessments	23,852	21,435	29,985	
Maintenance Assessments	35,408	35,745	35,213	
Debt Assessments - 2012 Bonds	884,533	884,505	730,663	
Other Revenues	3100	0	0	
Interest Income	2,004	219	219	
				
TOTAL REVENUES	$	948,897	$	941,904	$	796,080	
				
EXPENDITURES				
Maintenance Expenditures				
Preserve/Wetland Mitigation Area Maintenance	10,448	13,000	13,600	
Miscellaneous Maintenance	3,261	1,600	1,000	
Irrigation Systems MTE & Power	0	4,000	3,500	
Lake Tract MTE & Fountain MTE	12,185	11,000	11,000	
Lawn/Landscape Service - Median Maintenance/Right Of Way	0	1,000	1,000	
Mulch/Fertilizer/Pesticide	0	300	300	
FPL Easment Maintenance Upkeep	0	1,000	1,000	
Electrical For Irrigation Pumps	0	0	0	
Irrigation Repairs	821	0	0	
Tree/Shrubbery Replacement	0	500	500	
Roadway/Signage/Drainage	0	400	400	
Annual Engineer's Report & Miscellaneous Engineering	975	800	800	
Total Maintenance Expenditures	27,690	33,600	33,100	
				
Administrative Expenditures				
Management	7,675	7,782	7,982	
Supervisor Fees	0	750	750	
Payroll Taxes	0	58	58	
Field Operations	1,050	1,050	1,050	
Legal	2,090	4,704	4,704	
Assessment Roll	2,188	2,188	2,188	
Audit Fees	1,510	1,750	1,750	
Arbitrage Rebate Fee	500	500	500	
Insurance - GL & Public Officials Liability Insurance	1,650	1,750	2,050	
Insurance - Property Coverage	0	300	300	
Legal Advertisements	97	329	306	
Miscellaneous	179	656	656	
Postage	65	134	129	
Office Supplies	144	328	318	
Dues & Subscriptions	38	38	38	
Trustee Fee	3,591	4,000	4,000	
Continuing Disclosure Fee	500	500	500	
Website Management	437	437	437	
Property Taxes	18	219	164	
Administrative Contingency	0	525	525	
Total Administrative Expenditures	21,732	27,998	28,405	
				
TOTAL EXPENDITURES	$	49,422	$	61,598	$	61,505	
				
REVENUES LESS EXPENDITURES	$	899,475	$	880,306	$	734,575	
				
Bond Payments (2012)	(845,675)	(831,435)	(686,823)	
				
BALANCE	$	53,800	$	48,871	$	47,752	
				
County Appraiser & Tax Collector Fee	(9,115)	(18,834)	(15,917)	
Discounts For Early Payments	(32,276)	(37,667)	(31,835)	
				
EXCESS/ (SHORTFALL)	$	12,409	$	(7,630)	$	-	
				
Carryover From Prior Year		7,630	0	
				
NET EXCESS/ (SHORTFALL)	$	12,409	$	-	$	-	

MIDTOWN FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	
Administrative Assessments	32,535	27,460	27,717	
Maintenance Assessments	79,870	201,064	200,000	
Direct Bill O&M Assessments	0	0	0	
Debt Assessments - 2014A-1 Bonds	631,633	631,354	631,354	
Debt Assessments - 2014A-2 Bonds	616,310	616,149	616,149	
Other Revenues	20,615	0	0	
Interest Income	0	89	89	
				
TOTAL REVENUES	$	1,380,963	$	1,476,116	$	1,475,309	
				
EXPENDITURES				
Maintenance Expenditures				
Preserve/Wetland Mitigation Area Maintenance	4,202	13,000	13,700	
Miscellaneous Maintenance	4	20,000	14,300	
Lawn/Landscape Service - Median/Right Of Way MTE	0	0	0	
Mulch/Fertilizer/Pesticide	0	0	0	
Lift Station/Sanitary Sewer Line MTE (Midtown)	102,620	30,000	30,000	
Irrigation Systems MTE & Power	0	2,000	1,500	
Security	0	0	0	
Tree/Shrubbery Replacement	0	0	0	
Roadways/Signage/Drainage	0	1,000	500	
Midtown Plaza Maintenance Reimbursement	150,060	105,000	110,000	
FPL Easement Maintenance/Upkeep	0	2,500	2,500	
FPL Power Sanitary Sewer Lift Stations	0	4,500	4,500	
Lake Tract MTE & Fountain MTE	0	9,000	9,000	
Annual Engineer's Report & Miscellaneous Engineering	1,125	2,000	2,000	
Total Maintenance Expenditures	258,011	189,000	188,000	
				
Administrative Expenditures				
Management	3,176	3,220	3,387	
Supervisor Fees	0	750	750	
Payroll Taxes	0	58	58	
Field Operations	3,000	3,000	3,000	
Legal	841	1,892	1,892	
Assessment Roll	880	880	880	
Audit Fees	605	704	704	
Arbitrage Rebate Fee	1,000	1,000	1,000	
Insurance - GL & Public Officials Liability Insurance	664	704	825	
Insurance - Property Coverage	0	4,500	4,500	
Legal Advertisements	39	132	123	
Miscellaneous	72	264	264	
Postage	26	176	171	
Office Supplies	58	132	122	
Dues & Subscriptions	15	15	15	
Trustee Fee	7,000	7,000	7,000	
Continuing Disclosure Fee	1,000	1,000	1,000	
Website Management	176	176	176	
Property Taxes	6	88	66	
Administrative Contingency	0	210	210	
Total Administrative Expenditures	18,558	25,901	26,143	
				
TOTAL EXPENDITURES	$	276,569	$	214,901	$	214,143	
				
REVENUES LESS EXPENDITURES	$	1,104,394	$	1,261,215	$	1,261,166	
				
Bond Payments - Series 2014A-1	(609,866)	(593,473)	(593,473)	
Bond Payments - Series 2014A-2	(595,072)	(579,179)	(579,179)	
				
BALANCE	$	(100,544)	$	88,563	$	88,514	
				
County Appraiser & Tax Collector Fee	(13,266)	(29,521)	(29,504)	
Discounts For Early Payments	(33,505)	(59,041)	(59,009)	
				
EXCESS/ (SHORTFALL)	$	(147,315)	$	1	$	1	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	(147,315)	$	1	$	1	

GRAND BAY NORTH PARCEL FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	
Administrative Assessments	16,557	15,222	14,588	
Maintenance Assessments	24,200	24,096	24,628	
Direct Bill O&M Assessments	0	0	0	
Debt Assessments - 2014A-1 Bonds	354,446	354,436	354,436	
Debt Assessments - 2014A-2 Bonds	249,857	249,856	249,856	
Other Revenues	1,471	0	0	
Interest Income	0	215	215	
				
TOTAL REVENUES	$	646,531	$	643,825	$	643,723	
				
EXPENDITURES				
Maintenance Expenditures				
Preserve/Wetland Mitigation Area Maintenance	10,309	13,000	13,700	
Miscellaneous Maintenance	9	1,600	900	
Lawn/Landscape Service - Median - Right Of Way Maintenance	0	1,000	1,000	
Mulch/Fertilizer/Pesticide	0	400	400	
Lift Station/Sanitary Sewer Line MTE (Adagio)	24,154	2,000	2,500	
Irrigation Systems MTE & Power	0	300	300	
Tree/Shrubbery Replacement	0	250	250	
Roadways/Signage/Drainage	0	500	500	
FPL Easement Maintenance/Upkeep	0	1,000	1,000	
FPL Power Sanitary Sewer Lift Stations	0	1,000	1,000	
Annual Engineer's Report & Miscellaneous Engineering	1,145	1,600	1,600	
Total Maintenance Expenditures	35,617	22,650	23,150	
				
Administrative Expenditures				
Management	4,623	4,688	4,888	
Supervisor Fees	0	750	750	
Payroll Taxes	0	58	58	
Field Operations	1,036	1,037	1,037	
Legal	2,063	4,642	4,642	
Assessment Roll	2,159	2,160	2,160	
Audit Fees	1,490	1,727	1,727	
Arbitrage Rebate Fee	1,000	1,000	1,000	
Insurance - GL & Public Officials Liability Insurance	1,629	1,727	2,023	
Insurance - Property Coverage	0	750	750	
Legal Advertisements	96	325	302	
Miscellaneous	176	648	648	
Postage	64	132	127	
Office Supplies	142	324	314	
Dues & Subscriptions	38	38	38	
Trustee Fee	7,000	7,000	7,000	
Continuing Disclosure Fee	500	500	500	
Website Management	432	432	432	
Property Taxes	16	216	162	
Administrative Contingency	0	520	520	
Total Administrative Expenditures	22,464	28,674	29,078	
				
TOTAL EXPENDITURES	$	58,081	$	51,324	$	52,228	
				
REVENUES LESS EXPENDITURES	$	588,450	$	592,501	$	591,495	
				
Bond Payments - Series 2014A-1	(338,586)	(333,170)	(333,170)	
Bond Payments - Series 2014A-2	(238,676)	(234,864)	(234,864)	
				
BALANCE	$	11,188	$	24,467	$	23,461	
				
County Appraiser & Tax Collector Fee	(6,224)	(12,872)	(12,870)	
Discounts For Early Payments	(22,591)	(25,745)	(25,741)	
				
EXCESS/ (SHORTFALL)	$	(17,627)	$	(14,150)	$	(15,150)	
				
Carryover From Prior Year	0	14,150	15,150	
				
NET EXCESS/ (SHORTFALL)	$	(17,627)	$	-	$	-	

GRAND BAY SOUTH PARCEL FINAL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	
Administrative Assessments	59,599	60,897	61,917	
Maintenance Assessments	99,563	109,840	103,989	
Direct Bill O&M Assessments	19,703	0	0	
Debt Assessments - A Bonds	1,646,156	1,569,891	1,569,891	
Other Revenues	0	0	0	
Interest Income	0	477	477	
				
TOTAL REVENUES	$	1,825,021	$	1,741,105	$	1,736,274	
				
EXPENDITURES				
Maintenance Expenditures				
Preserve/Wetland Mitigation Area Maintenance	22,791	46,000	49,000	
Miscellaneous Maintenance	19	26,800	18,800	
Lawn/Landscape Service - Median - Right Of Way Maintenance	0	10,000	8,000	
Mulch/Fertilizer/Pesticide	0	1,200	1,200	
Lift Station/Sanitary Sewer Line MTE (Adagio)	0	6,000	7,500	
Irrigation Systems MTE & Power	0	900	900	
Tree/Shrubbery Replacement	0	1,250	1,250	
Roadways/Signage/Drainage	0	4,000	4,000	
FPL Easement Maintenance/Upkeep	0	1,750	1,750	
FPL Power Sanitary Sewer Lift Stations	0	1,750	1,750	
Annual Engineer's Report & Miscellaneous Engineering	1,335	3,600	3,600	
Total Maintenance Expenditures	24,145	103,250	97,750	
				
Administrative Expenditures				
Management	19,602	19,876	20,376	
Supervisor Fees	0	750	750	
Payroll Taxes	0	58	58	
Field Operations	2,233	2,233	2,233	
Legal	4,560	10,262	10,262	
Assessment Roll	4,773	4,772	4,772	
Audit Fees	3,295	3,819	3,819	
Arbitrage Rebate Fee	500	500	500	
Insurance - GL & Public Officials Liability Insurance	3,600	3,819	4,472	
Insurance - Property Coverage	0	1,250	1,250	
Legal Advertisements	212	714	669	
Miscellaneous	555	1,432	1,432	
Postage	141	358	348	
Office Supplies	315	716	696	
Dues & Subscriptions	84	84	84	
Trustee Fee	3,500	3,500	3,500	
Continuing Disclosure Fee	1,000	1,000	1,000	
Website Management	955	955	955	
Property Taxes	37	477	358	
Administrative Contingency	0	1,145	1,145	
Total Administrative Expenditures	45,362	57,720	58,679	
				
TOTAL EXPENDITURES	$	69,507	$	160,970	$	156,429	
				
REVENUES LESS EXPENDITURES	$	1,755,514	$	1,580,135	$	1,579,845	
				
Bond Payments - A Bonds	(1,577,993)	(1,475,697)	(1,475,697)	
Bond Payments - Series 2014A-1	0	0	0	
Bond Payments - Series 2014A-2	0	0	0	
				
BALANCE	$	177,521	$	104,438	$	104,148	
				
County Appraiser & Tax Collector Fee	(16,108)	(34,812)	(34,715)	
Discounts For Early Payments	(58,687)	(69,625)	(69,432)	
				
EXCESS/ (SHORTFALL)	$	102,726	$	1	$	1	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	102,726	$	1	$	1	

DETAILED FINAL DEBT SERVICE FUND (2012/2022 - DORAL BREEZE) BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income	
103	
25	
25	
Projected Interest For 2022/2023	

NAV Tax Collection	
845,675	
831,435	
686,823	
Maximum Debt Service Collection	

Total Revenues	
$	845,778	
$	831,460	
$	686,848		

EXPENDITURES					

Principal Payments	
235,000	
255,000	
308,000	
Principal Payment Due In 2023	

Interest Payments	
584,572	
567,194	
362,080	
Interest Payments Due In 2023	

Bond Redemption	
40,000	
9,266	
16,768	
Estimated Excess Debt Collections	

Total Expenditures	
$	859,572	
$	831,460	
$	686,848		

Excess/ (Shortfall)	
$	(13,794)	
$	-	
$	-		

Series 2012 (Doral Breeze) Bond Information	
Original Par Amount =	$11,625,000	Annual Principal Payments Due =	November 1st	
Interest Rate = Issue Date = Maturity Date =
Par Amount As Of 1-1-22 =
Bond was refinanced on 8-4-22	5.125% - 6.00%
October 2012
November 2042
$9,740,000	Annual Interest Payments Due =	May 1st & November 1st	

Series 2022 (Doral Breeze) Bond Refunding Information	
Original Par Amount =	$9,206,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =
Par Amount As Of 8-4-22 =	4.00%
August 2022
May 2042
$9,206,000	Annual Interest Payments Due =	May 1st & November 1st	

DETAILED FINAL DEBT SERVICE FUND (2014 - MIDTOWN) BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income (A-1)	
95	
25	
25	
Projected Interest For 2022/2023	

Interest Income (A-2)	
94	
25	
25	
Projected Interest For 2022/2023	

NAV Tax Collection (A-1)	
609,866	
593,473	
593,473	
Maximum Debt Service Collection	

NAV Tax Collection (A-2)	
595,072	
579,179	
579,179	
Maximum Debt Service Collection	

Total Revenues	
$	1,205,127	
$	1,172,702	
$	1,172,702		

EXPENDITURES					

Principal Payments - Series 2014A-1	
145,000	
155,000	
165,000	
Principal Payment Due In 2023	

Principal Payments - Series 2014A-2	
180,000	
190,000	
205,000	
Principal Payment Due In 2023	

Interest Payments - Series 2014A-1	
448,643	
436,961	
428,361	
Interest Payments Due In 2023	

Interest Payments - Series 2014A-2	
400,525	
384,369	
372,766	
Interest Payments Due In 2023	

Bond Redemption - Series 2014A-1	
0	
1,537	
137	
Estimated Excess Debt Collections	

Bond Redemption - Series 2014A-2	
0	
4,835	
1,438	
Estimated Excess Debt Collections	

Total Expenditures	
$	1,174,168	
$	1,172,702	
$	1,172,702		

Excess/ (Shortfall)	
$	30,959	
$	-	
$	-		

Series 2014-1 (Midtown) Bond Information	
Original Par Amount =	$8,390,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	5.25% - 5.90%
October 2014
May 2045	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1-1-22 =	$7,615,000			

Series 2014-2 (Midtown) Refunding Bond Information	
Original Par Amount =	$7,095,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	5.875% - 6.5%
October 2014
May 2039	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1-1-22 =	$6,155,000			

DETAILED FINAL DEBT SERVICE FUND (2014 - NORTH) BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income (A-1)	
34	
25	
25	
Projected Interest For 2022/2023	

Interest Income (A-2)	
20	
25	
25	
Projected Interest For 2022/2023	

NAV Tax Collection (A-1)	
338,586	
333,170	
333,170	
Maximum Debt Service Collection	

NAV Tax Collection (A-2)	
238,676	
234,864	
234,864	
Maximum Debt Service Collection	
		
0	
0		

Total Revenues	
$	577,316	
$	568,084	
$	568,084		

EXPENDITURES					

Principal Payments - Series 2014A-1	
85,000	
90,000	
95,000	
Principal Payment Due In 2023	

Principal Payments - Series 2014A-2	
95,000	
100,000	
105,000	
Principal Payment Due In 2023	

Interest Payments - Series 2014A-1	
248,850	
242,650	
237,950	
Interest Payments Due In 2023	

Interest Payments - Series 2014A-2	
138,000	
132,200	
128,100	
Interest Payments Due In 2023	

Bond Redemption - Series 2014A-1	
0	
545	
245	
Estimated Excess Debt Collections	

Bond Redemption - Series 2014A-2	
0	
2,689	
1,789	
Estimated Excess Debt Collections	

Total Expenditures	
$	566,850	
$	568,084	
$	568,084		

Excess/ (Shortfall)	
$	10,466	
$	-	
$	-		

Series 2014-1 (North) Bond Information	
Original Par Amount =	$5,450,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	4.00% - 5.00%
November 2014
May 2044	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1-1-22 =	$4,985,000			

Series 2014-2 (North) Refunding Bond Information	
Original Par Amount =	$3,295,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	4.00% - 5.00%
November 2014
May 2039	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1-1-22 =	$2,770,000			

DETAILED FINAL DEBT SERVICE FUND (2016) - SOUTH PARCEL BUDGET
GRAND BAY AT DORAL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income (2016)	
164	
25	
25	
Projected Interest For 2022/2023	

Prepaid Bond Collection (2016)	
0	
0	
0		

NAV Tax Collection (2016)	
1,577,993	
1,475,698	
1,475,698	
Maximum Debt Service Collection	

Total Revenues	
$	1,578,157	
$	1,475,723	
$	1,475,723		

EXPENDITURES					

Principal Payments (2016)	
435,000	
455,000	
475,000	
Principal Payment Due In 2023	

Interest Payments (2016)	
1,035,263	
1,010,869	
990,606	
Interest Payments Due In 2023	

Bond Redemption	
0	
9,854	
10,117	
Estimated Excess Debt Collections	

Total Expenditures	
$	1,470,263	
$	1,475,723	
$	1,475,723		

Excess/ (Shortfall)	
$	107,894	
$	-	
$	-		

Series 2016 Bond Information
Original Par Amount =	$27,635,000	Annual Principal Payments Due =	May 1	
Interest Rate =	3.5% - 5.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2016			
Maturity Date =
Par Amount As Of 1-1-22 =	May 2046
$21,130,000			

Note: Extraordinary Prepayment Of $4,210,000 Was Made On 2-1-18

Grand Bay At Doral Community Development District Assessment Comparison - Doral Breeze (Series 2012/2022)

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected Debt	2019/2020	2020/2021	2021/2022	2022/2023	
Assessment	Projected Assessment	Projected Assessment	Projected Assessment	Projected Assessment	
	Before Discount*	Before Discount*	 	Before Discount*	 	Before Discount*	 	Before Discount*	

Administrative For Condominiums	$	-	$	33.67	$	40.22	$	39.62	$	55.43	
Maintenance For Condominiums	$	-	$	72.07	$	65.49	$	66.08	$	65.09	
Debt For Condominiums	$	1,255.00	$	1,255.00	$	1,255.00	$	1,255.00	$	1,105.00	
Total For Condominiums	$	1,255.00	$	1,360.74	$	1,360.71	$	1,360.70	$	1,225.52	

Administrative For Townhomes	
$	
-	$	
33.67	
$	
40.22	
$	
39.62	
$	
55.43	
Maintenance For Townhomes	$	-	$	72.07	$	65.49	$	66.08	$	65.09	
Debt For Townhomes	$	1,465.00	$	1,465.00	$	1,465.00	$	1,465.00	$	1,290.00	
Total For Townhomes	$	1,465.00	$	1,570.74	$	1,570.71	$	1,570.70	$	1,410.52	

Administrative For Single Family 40'	
$	
-	$	
33.67	
$	
40.22	
$	
39.62	
$	
55.43	
Maintenance For Single Family 40'	$	-	$	72.07	$	65.49	$	66.08	$	65.09	
Debt For Single Family 40'	$	1,880.00	$	1,880.00	$	1,880.00	$	1,880.00	$	1,655.00	
Total For Single Family 40'	$	1,880.00	$	1,985.74	$	1,985.71	$	1,985.70	$	1,775.52	

Administrative For Single Family 50'	
$	
-	$	
33.67	
$	
40.22	
$	
39.62	
$	
55.43	
Maintenance For Single Family 50'	$	-	$	72.07	$	65.49	$	66.08	$	65.09	
Debt For Single Family 50'	$	2,090.00	$	2,090.00	$	2,090.00	$	2,090.00	$	1,840.00	
Total For Single Family 50'	$	2,090.00	$	2,195.74	$	2,195.71	$	2,195.70	$	1,960.52	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:	
Condominiums	198	73.02 Acres	
Townhomes	83	21.88% Of District	
Single Family 40'	138		
Single Family 50'	122		
Total Doral Breeze Units	541		

Grand Bay At Doral Community Development District Assessment Comparison - Midtown (Series 2014)

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected	2019/2020	2020/2021	2021/2022	2022/2023	
Assessment	Assessment	Assessment	Assessment	Projected Assessment	
	Before Discount*	 	Before Discount*	 	Before Discount*			Before Discount*	 	Before Discount*	

3 Bedroom Condo - Type 2
Administrative Assessment	
$	
58.51	
$	
14.73	
$	
15.24	
$	
14.87	
$	
15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	1,245.50	$	1,212.77	$	1,212.77	$	1,212.77	$	1,212.77	
Debt Assessment A-2	$	400.33	$	384.04	$	384.04	$	384.04	$	384.04	
Total For 3 Bedroom Condo - Type 2	$	1,704.34	$	1,745.95	$	1,734.61	$	1,720.54	$	1,720.10	
2 Bedroom Condo - Type 2
Administrative Assessment	
$	
58.51	
$	
14.73	
$	
15.24	
$	
14.87	
$	
15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	1,145.86	$	1,114.89	$	1,114.89	$	1,114.89	$	1,114.89	
Debt Assessment A-2	$	368.30	$	353.19	$	353.19	$	353.19	$	353.19	
Total For 2 Bedroom Condo - Type 2	$	1,572.67	$	1,617.22	$	1,605.88	$	1,591.81	$	1,591.37	
1 Bedroom Condo - Type 2
Administrative Assessment	
$	
58.51	
$	
14.73	
$	
15.24	
$	
14.87	
$	
15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	996.40	$	970.21	$	970.21	$	970.21	$	970.21	
Debt Assessment A-2	$	320.26	$	307.45	$	307.45	$	307.45	$	307.45	
Total For 1 Bedroom Condo - Type 2	$	1,375.17	$	1,426.80	$	1,415.46	$	1,401.39	$	1,400.95	
3 Bedroom Condo - Type 1
Administrative Assessment	
$	
58.51	
$	
14.73	
$	
15.24	
$	
14.87	
$	
15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	1,145.86	$	1,114.89	$	1,114.89	$	1,114.89	$	1,114.89	
Debt Assessment A-2	$	368.30	$	353.19	$	353.19	$	353.19	$	353.19	
Total For 3 Bedroom Condo - Type 1
2 Bedroom Condo - Type 1	$	1,572.67	$	1,617.22	$	1,605.88	$	1,591.81	$	1,591.37	
Administrative Assessment	$	58.51	$	14.73	$	15.24	$	14.87	$	15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	996.40	$	970.21	$	970.21	$	970.21	$	970.21	
Debt Assessment A-2	$	320.26	$	307.45	$	307.45	$	307.45	$	307.45	
Total For 2 Bedroom Condo - Type 1	$	1,375.17	$	1,426.80	$	1,415.46	$	1,401.39	$	1,400.95	
1 Bedroom Condo - Type 1
Administrative Assessment	
$	
58.51	
$	
14.73	
$	
15.24	
$	
14.87	
$	
15.01	
Maintenance Assessment	$	-	$	134.41	$	122.56	$	108.86	$	108.28	
Debt Assessment A-1	$	896.75	$	872.34	$	872.34	$	872.34	$	872.34	
Debt Assessment A-2	$	288.24	$	276.60	$	276.60	$	276.60	$	276.60	
Total For 1 Bedroom Condo - Type 1	$	1,243.50	$	1,298.08	$	1,286.74	$	1,272.67	$	1,272.23	
Non-Residential (Based On Square Footage)											
Administrative Assessment	$	0.06	$	0.01	$	0.01	$	0.01	$	0.01	
Maintenance Assessment	$	-	$	0.15	$	0.15	$	0.15	$	0.15	
Debt Assessment A-1	$	1.07	$	1.040	$	1.040	$	1.040	$	1.040	
Debt Assessment A-2	$	0.34	$	0.330	$	0.330	$	0.330	$	0.330	
Total For Non-Residential	$	1.47	$	1.530	$	1.530	$	1.530	$	1.530	
* Assessments Include the Following :												
4% Discount for Early Payments
1% County Tax Collector Fee	O&M Covenant = 55.00

	Total Midtown Units (A2)	Phase One Units (A1)		
Total Midtown Units	(Refunding Bonds)	(Phase One Project Bonds)		
3 Bedroom Condo - Type 2	252	84	  Grand Bay Midtown - Commercial Square Footage (With Percentages)	
2 Bedroom Condo - Type 2	546	182	Building 1	9,818	14.33%	
1 Bedroom Condo - Type 2	120	40	Building 2	23,838	34.80%	
3 Bedroom Condo - Type 1	126	28	Building 3	23,838	34.80%	
2 Bedroom Condo - Type 1	227	84	Building 4	11,006	16.07%	
1 Bedroom Condo - Type 1	276	119	Total	68,500	100.00%	
Total Residential Units	1547	537				
Non-Residential	300,000	68,500				
	Square Feet	Square Feet				
For Administrative & Maintenance						
Assessments Purposes-		29.36 Acres				
Non-Residential counts as approximately		8.8% Of District				
300 units.						

Phase 1 Grand Bay Midtown Residential					
Type	Building 1			Building 2			Building 3			Building 4			Total		
3 BR - Type 2	14	35	35	0	84	
2 BR - Type 2	28	56	56	42	182	
1 BR - Type 2	0	20	20	0	40	
3 BR - Type 1	14	7	7	0	28	
2 BR - Type 1	7	35	35	7	84	
1 BR - Type 1	35	 	0	 	0			84	 	119		
Total	98	153	153	133	537	

1% County Property Appraiser Fee	55.00/.94 = 58.51 Community Information:		

Grand Bay At Doral Community Development District Assessment Comparison - Grand Bay North Parcel (Series 2014)

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year
Projected Debt	2019/2020	2020/2021	2021/2022	2022/2023
Assessment	Assessment	Assessment	Assessment	Projected Assessment
	Before Discount*	 	Before Discount*	 	Before Discount*	 	Before Discount*	   Before Discount*	

Single Family 40' Unit
Administrative Assessment	
$	
114.89	
$	
35.52	
$	
43.61	
$	
43.87	
$	
42.05	
Maintenance Assessment	$	-	$	77.99	$	69.75	$	69.45	$	70.98	
Debt Assessment A-1	$	1,237.24	$	1,237.24	$	1,237.24	$	1,237.24	$	1,237.24	
Debt Assessment A-2	$	872.34	$	872.34	$	872.34	$	872.34	$	872.34	
Total For Single Family 40' Unit	$	2,224.47	$	2,223.09	$	2,222.94	$	2,222.90	$	2,222.61	
Townhome Unit
Administrative Assessment	

$	

114.89	

$	

35.52	

$	

43.61	

$	

43.87	

$	

42.05	
Maintenance Assessment	$	-	$	77.99	$	69.75	$	69.45	$	70.98	
Debt Assessment A-1	$	1,008.51	$	1,008.51	$	1,008.51	$	1,008.51	$	1,008.51	
Debt Assessment A-2	$	710.64	$	710.64	$	710.64	$	710.64	$	710.64	
Total For Townhome Unit	$	1,834.04	$	1,832.66	$	1,832.51	$	1,832.47	$	1,832.18	

Condo Unit (3-Story)
Administrative Assessment	

$	

114.89	

$	

35.52	

$	

43.61	

$	

43.87	

$	

42.05	
Maintenance Assessment	$	-	$	77.99	$	69.75	$	69.45	$	70.98	
Debt Assessment A-1	$	917.02	$	917.02	$	917.02	$	917.02	$	917.02	
Debt Assessment A-2	$	646.81	$	646.81	$	646.81	$	646.81	$	646.81	
Total For Condo Unit (3-Story)	$	1,678.72	$	1,677.34	$	1,677.19	$	1,677.15	$	1,676.86	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee	O&M Covenant = 108.00
1% County Property Appraiser Fee	108.00/.94 = 114.89

Community Information:	        Total North Units		72.04 Acres
A-1: Project Bonds	21.33% Of District
A-2: Refunding Bonds
Single Family 40' Unit	64	North Parcel Acreage
Townhome Unit	172	72.04 Acres
Condo Unit (3-Story)	111	21.59% Of District
Total Residential Units	347

Grand Bay At Doral Community Development District - Grand Bay South Parcel Assessment Comparison

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected Debt	2019/2020	2020/2021	2021/2022	2022/2023	
Assessment	Assessment	Assessment	Assessment	Projected Assessment	
	Before Discount*			Before Discount*			Before Discount*			Before Discount*			Before Discount*		

Administrative For Single Family 40' Units	$	-	$	36.73	$	40.57	$	40.17	$	40.85	
Maintenance For Single Family 40' Units	$	-	$	77.69	$	72.13	$	72.46	$	68.60	

Debt For Single Family 40' Units	
$	- 	
$	2,133.00	
$	2,133.00	
$	2,133.00	
$	2,133.00	

Total For Single Family 40' Units	
$	
2,133.00	
$	
2,247.42	
$	
2,245.70	
$	
2,245.63	
$	
2,242.45	

Administrative For Townhome 22' Units	$	-	$	36.73	$	40.57	$	40.17	$	40.85	
Maintenance For Townhome 22' Units	$	-	$	77.69	$	72.13	$	72.46	$	68.60	

Debt For Townhome 22' Units	
$	- 	
$	1,843.00	
$	1,843.00	
$	1,843.00	
$	1,843.00	

Total For Townhome 22' Units	
$	
1,843.00	
$	
1,957.42	
$	
1,955.70	
$	
1,955.63	
$	
1,952.45	

Administrative For 2 Story Condo/Flat Units	$	-	$	36.73	$	40.57	$	40.17	$	40.85	
Maintenance For 2 Story Condo/Flat Units	$	-	$	77.69	$	72.13	$	72.46	$	68.60	

Debt For 2 Story Condo/Flat Units	
$	- 	
$	1,738.00	
$	1,738.00	
$	1,738.00	
$	1,738.00	

Total For 2 Story Condo/Flat Units	
$	
1,738.00	
$	
1,852.42	
$	
1,850.70	
$	
1,850.63	
$	
1,847.45	

Administrative For 3 Story Condo/Flat Units	$	-	$	36.73	$	40.57	$	40.17	$	40.85	
Maintenance For 3 Story Condo/Flat Units	$	-	$	77.69	$	72.13	$	72.46	$	68.60	

Debt For 3 Story Condo/Flat Units	
$	- 	
$	1,580.00	
$	1,580.00	
$	1,580.00	
$	1,580.00	

Total For 3 Story Condo/Flat Units	
$	
1,580.00	
$	
1,694.42	
$	
1,692.70	
$	
1,692.63	
$	
1,689.45	

Administrative For Apartment Unit	$	-	$	36.73	$	40.57	$	40.17	$	40.85	
Maintenance For Apartment Unit	$	-	$	77.69	$	72.13	$	72.46	$	68.60	

Debt For Apartment Unit	
$	- 	
$	- 	
$	- 	
$	- 	
$	- 	

Total For Apartment Unit	
$	
-	
$	
114.42	
$	
112.70	
$	
112.63	
$	
109.45	

* Assessments Include the Following :	

4% Discount for Early Payments
1% County Tax Collector Fee	O&M Covenant = 108.00	South Parcel Acreage
1% County Property Appraiser Fee	108.00/.94 = 114.89		159.28 Acres 47.73% Of District
Community Information:	

Total South Units		Bond Prepayments		
Single Family 40' Unit (Pod VI)	77	0		
Townhome 22' Unit (Pod III)	228	0	Note: Some South Unit Landowners Were Direct Billed For 21/22	
2 Story Condo/Flat Unit (Pod IV)	387	0	Assessments, Due To Parcels Not Being Platted by 21/22 Tax Roll Deadline.	
3 Story Condo/Flat Unit (Pods II & V)	384	186	Any Direct Bills that were not paid, were	
Apartment Unit (Pod 1)	440	0	added to 22/23 Assessment.	
Total Residential Units
Assessable Units For Debt	1516	186		
Total Units	1516			
Less Apartment Unit (Developer Contributed				
Cost Of Improvements In Lieu Of Cap Assessment)	440	
Note: 3 Story Flat Units That Are Assessed	
For Debt: 198	
Total Original Assessable Units For Debt	1076			
Less Prepayments - 186 Pod V 3 Story Condos	186			
Total Current Assessable Units For Debt	890