Arborwood Community Development District

Proposed Budget  Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

1	REVENUE AND EXPENSE DESCRIPTIONS	
4	PROPOSED TOTAL BUDGET	
5	PROPOSED TOTAL BUDGET DETAIL	
6	BUDGET COMPARISON	
7	PROPOSED GENERAL FUND BUDGET	
8	PROPOSED DEBT SERVICE FUND BUDGET - 2014 BOND	
9	PROPOSED DEBT SERVICE FUND BUDGET - 2018 BOND	
10	ASSESSMENTS RECAP - GL HOMES PARCELS	
11	ASSESSMENTS RECAP - PULTE PARCELS	
12	ASSESSMENTS RECAP - WCI PARCELS	
13	ASSESSMENTS RECAP - OTHER PARCELS	
14	GENERAL FUND METHODOLOGY	
15	2014 BOND METHODOLOGY	
16	2018 BOND METHODOLOGY	
17	ON ROLL ASSESSMENT COMPARISON	

REVENUES	

1	GENERAL FUND ON ROLL ASSESSMENTS
All assessments placed on the tax roll for Operations & Maintenace.

2	GENERAL FUND DIRECT BILL ASSESSMENTS
Indiviudal parcels not placed on the tax roll are billed directly by mail for Operations & Mainteance.

3	DEBT ON ROLL ASSESSMENTS - SERIES 2014A-1
Debt Assessments collected via the property tax roll for Series 2014 A-1 Bond.

4	DEBT DIRECT BILL ASSESSMENTS - SERIES 2014A-1
Debt Assessments collected via direct billing for Series 2014 A-1 Bond.

5	DEBT ON ROLL ASSESSMENTS - SERIES 2014A-2
Debt Assessments collected via the property tax roll for Series 2014 A-2 Bond.

6	DEBT DIRECT BILL ASSESSMENTS - SERIES 2014A-2
Debt Assessments collected via direct billing for Series 2014 A-2 Bond.

7	DEBT DIRECT BILL ASSESSMENTS - SERIES 2014B
Debt Assessments collected via direct billing for Series 2014 A-2 Bond.

8	DEBT ON ROLL ASSESSMENTS - SERIES 2018
Debt Assessments collected via the property tax roll for Series 2018 Bond.

9	DEBT DIRECT BILL ASSESSMENTS - SERIES 2018
Debt Assessments collected via direct billing for Series 2018 Bond.

10 MISCELLANEOUS REVENUE
Any Item that does not fall into the other income catagories.

11 GENERAL FUND INTEREST INCOME
Any interest earned on the general fund balance is recorded in this category.

12 GENERAL FUND OTHER REVENUES
This is usually carry over funds from a prior year.

EXPENDITURES	

13 PAYROLL TAX EXPENSE
For taxes associated with the payroll to supervisors.

14 SUPERVISOR FEES
Fees paid to supervisors for their service to the District.

15 ENGINEERING
State statute requires the District to have an engineer and pay for his or her services.

16 MANAGEMENT
State statute requires the District to have a manager and pay for his or her services.

17 LEGAL

State statute requires the District to have an attorney and pay for his or her services.

18 ASSESSMENT ROLL
The cost to prepare the assessment roll and submit it to the county tax collector.

19 ANNUAL AUDIT
State statue requires the District to have financial statements audited yearly.

20 ARBITRAGE REBATE FEE
This is a bond requirement related to the tax exempt status of the bonds.

21 INSURANCE
The District has a liability insurance policy that protects the supervisors and staff acting on the district's behalf.

22 LEGAL ADVERTISING
State statute requires the District to advertise meetings in advance.

23 MISCELLANEOUS
Any item that does not fit into a category already established.

24 POSTAGE

Any packages/letters sent on behalf of the district. Proposals, certified mail, etc. are charged to this category.

25 OFFICE SUPPLIES
This is mainly paper and ink cost related to any printed documents for the district.

26 DUES & SUBSCRIPTIONS
An annual due is required to pay to the state.

27 TRUSTEE FEES
Fees paid to the Bank Trustee responsible for the Bond bank accounts.

28 CONTINUING DISCLOSURE FEE
These are reports we have to file with the SEC related to any bonds.

29 AMORTIZATION SCHEDULES
This is the fee we are charged by either a trustee or finacial advisor if we have to reamortize the bonds due to a prepayment.

30 WEBSITE

State statute requires the District to have a public website. This is the cost to run and host the website.

31 PROFESSIONAL FEE & PERMITS
Permit, survey, etc, cost related to maintenace or construction.

32 ELECTRICITY
Electrict cost related to District owned equipment, i.e. wells, fountain pumps, etc.

33 TREELINE PRESEVE MAINT - EXOTICS
Removal of exotics annually

34 DRI TRAFFIC MONITORING
Bi-annual monitoring of traffic counts to verify actual traffic does not exceed design capacity

35 ENVIROMENTAL CONSULTING - PASSARELLA
Ecological consultant and management of preserve maintenance

36 PANTHER MITIGATION MAINT - EXOTICS
Panther mitigation is an offsite parcel that is required to have the exotics removed on an annual basis as consistent with the ACOE Permit

37 STREET LIGHTING - UTILITY & MAINT
Maintenance on district owned streetlights

38 CAPITAL OUTLAY - SMALL
Small, miscelaneous construction related to district improvements.

39 COUNTY APPRAISER & TAX COLLECTOR FEE
Fees charged to the District by the County Appraiser and Tax Collector for collecting the District's NAV Assessments.

40 FLOWWAY MAINT
Removal of plant material of east/west ditch on an annual basis to improve conveyance

41 MITIGATION MONITORING - (PARCEL C ONLY)
Inspection of the preserve located in Parcel C

42 PRESERVE MAINT - (PARCEL C ONLY)
Removal of exotics in Parcel C preserves

43 LAKE MAINT - AQUATIC CONTROL MAINT- (SOMERSET ONLY)
Maintenance of aquatic vegitation in Somerset lakes

44 LAKE MAINT - EROSION MAINT- (SOMERSET ONLY)
Maintenance of lake banks from erosion in Somerset lakes

44 PRESERVE MAINT - (SOMERSET ONLY)
Removal of exotics annually in the preserve in Somerset

45 FIELD INSPECTOR - (SOMERSET ONLY)
Staff person for public relations and coordination of maintenance

46 STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)
Inspection and maintanence of the stormwater drainage pipes in Somerset

47 STORMWATER DRAINS INS & MAINT - (BRIDGETOWN ONLY)
Inspection of the stormwater drainage pipes in Bridgetown and submitting report to Bridgetown HOA

48 DEBT PAYMENT (2014)
Total Interest and Principal Payment for the year for all the Parcel C Series 2014 Bonds

49 DEBT PAYMENT (2018)
Total Interest and Principal Payment for the year for all parcels except C for the Series 2018 Bonds

50 MISCELLANEOUS DEBT EXPENSE
Any debt expense other that the regularly scheduled principal and interest payments

51 DISCOUNTS FOR EARLY PAYMENTS
4% buffer to cover for all residents you pay early and receive a discount off their property tax bill, which can be up to 4%

3

REVENUES	 	TOTAL	
GENERAL FUND ON ROLL ASSESSMENT	521,994
GENERAL FUND DIRECT BILL ASSESSMENT - PULTE	-1,082
GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES	537
GENERAL FUND DIRECT BILL ASSESSMENT - WCI	17,626
DEBT ON ROLL ASSESSMENT	3,062,768
DEBT DIRECT BILL ASSESSMENT - PULTE	16,407
DEBT DIRECT BILL ASSESSMENT - GL HOMES	3,949
DEBT DIRECT BILL ASSESSMENT - WCI	714,851
DEBT DIRECT BILL ASSESSMENT - OTHER		0 OTHER INCOME / CARRYOVER BALANCE	 	0
Total Revenues	 $	4,337,050

EXPENDITURES
PAYROLL TAX EXPENSE	912
SUPERVISOR FEES	12,000
ENGINEERING	25,000
MANAGEMENT	36,108
LEGAL	25,000
METHODOLOGY	0
ASSESSMENT ROLL	5,000
ANNUAL AUDIT	5,500
ARBITRAGE REBATE FEE	3,500
INSURANCE	15,000
LEGAL ADVERTISING	5,500
MISCELLANEOUS	2,800
POSTAGE	1,300
OFFICE SUPPLIES	2,500
DUES & SUBSCRIPTIONS	175
TRUSTEE FEES	33,000
CONTINUING DISCLOSURE FEE	5,000
AMORTIZATION SCHEDULE	500
WEBSITE	1,500
PROFESSIONAL FEE & PERMITS	1,500
ELECTRICITY	200
TREELINE PRESEVE MAINT - EXOTICS			7,500 DRI TRAFFIC MONITORING		10,000
ENVIROMENTAL CONSULTING - PASSARELLA		20,000 PANTHER MITIGATION MAINT - EXOTICS		90,000 STREET LIGHTING - UTILITY & MAINT		21,000
CAPITAL OUTLAY - SMALL	1,000
COUNTY APPRAISER & TAX COLLECTOR FEE	10,000
FLOWWAY MAINT	4,600
MITIGATION MONITORING - (PARCEL C ONLY)	6,200
PRESERVE MAINT - (PARCEL C ONLY)	10,800
LAKE MAINT - (SOMERSET ONLY)	46,100
LAKE BANK EROSION MAINT - (SOMERSET ONLY)	30,000
PRESERVE MAINT - (SOMERSET ONLY)	35,000
INSPECTOR - (SOMERSET ONLY)	24,000 STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)	17,500

 	2,500

STORMWATER DRAINS INS - (BRIDGETOWN ONLY)	
Total Expenditures	 $	518,195

EXCESS / (SHORTFALL)	 $	3,818,855

DEBT PAYMENTS (2014)	(1,122,190)
DEBT PAYMENTS (2018)	(2,553,275)
MISCELLANEOUS DEBT EXPENSE	0

BALANCE	 $	143,391

DISCOUNTS FOR EARLY PAYMENTS	(143,391)

NET EXCESS / (SHORTFALL)	 $	-	

GENERAL FUND

DEBT - SERIES 2014

DEBT - SERIES 2018

 		   A-1 & A-2	B	 	A-1 & A-2	 	TOTAL	

REVENUES	
GENERAL FUND ON ROLL ASSESSMENT	
521,994	
0	
0	
0	
521,994	
GENERAL FUND DIRECT BILL ASSESSMENT - PULTE	-1,082	0	0	0	-1,082	
GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES	537	0	0	0	537	
GENERAL FUND DIRECT BILL ASSESSMENT - WCI	17,626	0	0	0	17,626	
DEBT ON ROLL ASSESSMENT	0	424,312	0	2,638,456	3,062,768	
DEBT DIRECT BILL ASSESSMENT - PULTE	0	0	0	16,407	16,407	
DEBT DIRECT BILL ASSESSMENT - GL HOMES	0	0	0	3,949	3,949	
DEBT DIRECT BILL ASSESSMENT - WCI	0	186,656	528,195	0	714,851	
DEBT DIRECT BILL ASSESSMENT - OTHER	0	0	0	0	0	
OTHER INCOME / CARRYOVER BALANCE		 	0	 	0	0	 	0	 	0	
Total Revenues		  $	539,075	  $ 610,967 $ 528,195	  $	2,658,813	  $ 4,337,050	
EXPENDITURES	
PAYROLL TAX EXPENSE	
912	
0	
0	
0	
912	
SUPERVISOR FEES	12,000	0	0	0	12,000	
ENGINEERING	25,000	0	0	0	25,000	
MANAGEMENT	36,108	0	0	0	36,108	
LEGAL	25,000	0	0	0	25,000	
METHODOLOGY	0	0	0	0	0	
ASSESSMENT ROLL	5,000	0	0	0	5,000	
ANNUAL AUDIT	5,500	0	0	0	5,500	
ARBITRAGE REBATE FEE	3,500	0	0	0	3,500	
INSURANCE	15,000	0	0	0	15,000	
LEGAL ADVERTISING	5,500	0	0	0	5,500	
MISCELLANEOUS	2,800	0	0	0	2,800	
POSTAGE	1,300	0	0	0	1,300	
OFFICE SUPPLIES	2,500	0	0	0	2,500	
DUES & SUBSCRIPTIONS	175	0	0	0	175	
TRUSTEE FEES	33,000	0	0	0	33,000	
CONTINUING DISCLOSURE FEE	5,000	0	0	0	5,000	
AMORTIZATION SCHEDULE	500	0	0	0	500	
WEBSITE	1,500	0	0	0	1,500	
PROFESSIONAL FEE & PERMITS	1,500	0	0	0	1,500	
ELECTRICITY	200	0	0	0	200	
TREELINE PRESEVE MAINT - EXOTICS	7,500	0	0	0	 	7,500	
DRI TRAFFIC MONITORING	10,000	0	0	0	10,000	
ENVIROMENTAL CONSULTING - PASSARELLA	20,000	0	0	0	20,000	
PANTHER MITIGATION MAINT - EXOTICS	90,000	0	0	0	 	90,000	
STREET LIGHTING - UTILITY & MAINT	21,000	0	0	0	21,000	
CAPITAL OUTLAY - SMALL	1,000	0	0	0	1,000	
COUNTY APPRAISER & TAX COLLECTOR FEE	10,000	0	0	0	10,000	
FLOWWAY MAINT	4,600	0	0	0	4,600	
MITIGATION MONITORING - (PARCEL C ONLY)	6,200	0	0	0	6,200	
PRESERVE MAINT - (PARCEL C ONLY)	10,800	0	0	0	10,800	
LAKE MAINT - (SOMERSET ONLY)	46,100	0	0	0	46,100	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)	30,000	0	0	0	30,000	
PRESERVE MAINT - (SOMERSET ONLY)	35,000	0	0	0	35,000	
INSPECTOR - (SOMERSET ONLY)	24,000	0	0	0	24,000	
STORMWATER DRAINS INS & MAINT - (SOMERSET ON	17,500	0	0	0	 	17,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		 	2,500		 	0	0 	0	 	2,500	
Total Expenditures			   $	518,195		   $	-	$	-	 $	-		  $	518,195	
EXCESS / (SHORTFALL)			   $	20,880		
  $  610,967   $ 528,195	 $	2,658,813	  $ 3,818,855	
DEBT PAYMENTS (2014)		0		(593,995)	(528,195)	0	(1,122,190)	
DEBT PAYMENTS (2018)		0		0	0	(2,553,275)	(2,553,275)	
MISCELLANEOUS DEBT EXPENSE		0		0	0	0	0	
BALANCE			  $	20,880		
  $    16,972   $	-	 $	105,538	  $	143,391	
DISCOUNTS FOR EARLY PAYMENTS		(20,880)		(16,972)	-	(105,538)	(143,391)	
NET EXCESS / (SHORTFALL)			  $	-			
  $	-	$	-	 $	-		  $	-		

		FISCAL YEAR 2017/2018 ACTUAL *		FISCAL YEAR 2018/2019 ANNUAL BUDGET		FISCAL YEAR 2019/2020 ANNUAL BUDGET		

LARGE VARIANCE EXPLINATION	
									
REVENUES									

GENERAL FUND ON ROLL ASSESSMENT		
360,881		
341,141		
521,994		More platted lots on roll and assessment raised because carryover has been depleted	
GENERAL FUND DIRECT BILL ASSESSMENT - PULTE		9,788		9,955		-1,082		More lots on rollresults in less direct billed	
GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES		358		365		537			
GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR		13,785		23,809		17,626		More lots on rollresults in less direct billed	
GENERAL FUND DIRECT BILL ASSESSMENT - OTHER		0		0		0			
DEBT ON ROLL ASSESSMENT		3,228,923		2,808,004		3,062,768		More lots on rollresults in less direct billed	
DEBT DIRECT BILL ASSESSMENT - PULTE		0		119,544		16,407		More lots on rollresults in less direct billed	
DEBT DIRECT BILL ASSESSMENT - GL HOMES		4,472		3,949		3,949			
DEBT DIRECT BILL ASSESSMENT - WCI		937,663		1,012,891		714,851		More lots on rollresults in less direct billed	
DEBT DIRECT BILL ASSESSMENT - OTHER		0		0		0			
PREPAYMENTS		0		0		0			
MISCELLANEOUS DEBT INCOME		0		0		0			
GENERAL FUND INTEREST INCOME		0		0		0			

GENERAL FUND OTHER REVENUES		
0		
140,000		
0		Surplus operating funds have been used up
over previous 2-3 years	
									
Total Revenues		$ 4,555,870		$	4,459,658		$	4,337,050			

EXPENDITURES									
PAYROLL TAX EXPENSE		750		912		912			
SUPERVISOR FEES		9,800		12,000		12,000			
ENGINEERING		33,664		35,000		25,000		(10,000)	
MANAGEMENT		34,712		35,441		36,108		annual CPI increase in contract	
LEGAL		28,419		38,000		25,000		(13,000)	
METHODOLOGY		0		0		0			
ASSESSMENT ROLL		5,000		5,000		5,000			
ANNUAL AUDIT		5,350		5,500		5,500			
ARBITRAGE REBATE FEE		3,350		3,500		3,500			
INSURANCE		14,496		15,000		15,000			
LEGAL ADVERTISING		10,739		5,500		5,500			
MISCELLANEOUS		2,464		2,800		2,800			
POSTAGE		1,617		1,300		1,300			
OFFICE SUPPLIES		3,430		2,200		2,500			
DUES & SUBSCRIPTIONS		175		175		175			
TRUSTEE FEES		32,229		37,000		33,000		refinaced bond has lower Trustee fees	
CONTINUING DISCLOSURE FEE		4,000		5,000		5,000			
AMORTIZATION SCHEDULE		0		500		500			
WEBSITE		1,500		1,500		1,500			
PROFESSIONAL FEE & PERMITS		0		2,000		1,500			
ELECTRICITY		144		1,000		200			
TREELINE PRESEVE MAINT - EXOTICS		0		4,000		7,500			
DRI TRAFFIC MONITORING		9,775		0		10,000			
ENVIROMENTAL CONSULTING - PASSARELLA		12,246		15,000		20,000			
PANTHER MITIGATION MAINT - EXOTICS		55,569		110,000		90,000			
STREET LIGHTING - UTILITY & MAINT		22,895		21,000		21,000			
CAPITAL OUTLAY - SMALL		0		1,000		1,000			
COUNTY APPRAISER & TAX COLLECTOR FEE		6,790		10,000		10,000			
FLOWWAY MAINT		0		4,600		4,600			
									
MITIGATION MONITORING - (PARCEL C ONLY)		0		6,200		6,200			
PRESERVE MAINT - (PARCEL C ONLY)		0		10,800		10,800			
									
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		36,816		46,100		46,100			
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		0		0		30,000		New Item for upcoming year	
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000		35,000			
FIELD INSPECTOR - (SOMERSET ONLY)		15,816		28,000		24,000			

STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		0		0		17,500		New Item for upcoming year	
									
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		0		0		2,500		New Item for upcoming year	
									
Total Expenditures		386,746		501,028		518,195			
									
EXCESS / (SHORTFALL)		$ 4,169,124		$	3,958,630		$	3,818,855			
									
DEBT PAYMENTS (2014)		(1,217,958)		(1,278,793)		(1,122,190)			
DEBT PAYMENTS (2018)		(2,826,860)		(2,553,275)		(2,553,275)			
MISCELLANEOUS DEBT EXPENSE		0		-		-			
									
BALANCE		$	124,306		$	126,562		$	143,391			

DISCOUNTS FOR EARLY PAYMENTS		
(131,580)		
(125,966)		
(143,391)		higher assessments on roll results in higher
discount potential	
									
NET EXCESS / (SHORTFALL)		$	(7,274)		$	596		$	(0)			

BUDGET COMPARISON
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

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*   Un-audited figures

GENERAL FUND  FISCAL YEAR 2019/2020
October 1, 2019 - September 30, 2020

	FISCAL YEAR		FISCAL YEAR	
	2018/2019		2019/2020	
	 	ANNUAL BUDGET			 	ANNUAL BUDGET		
REVENUES					
ON ROLL ASSESSMENTS		341,141		521,994	
DIRECT BILL ASSESSMENTS - PULTE		9,955		-1,082	
DIRECT BILL ASSESSMENTS - GL HOMES		365		537	
DIRECT BILL ASSESSMENTS - WCI		23,809		17,626	
INTEREST INCOME		0		0	
OTHER INCOME / CARRYOVER BALANCE		140,000		0	
Total Revenues			  $	515,270		  $	539,075	
EXPENDITURES					
PAYROLL TAX EXPENSE		912		912	
SUPERVISOR FEES		12,000		12,000	
ENGINEERING		35,000		25,000	
MANAGEMENT		35,441		36,108	
LEGAL		38,000		25,000	
METHODOLOGY		0		0	
ASSESSMENT ROLL		5,000		5,000	
ANNUAL AUDIT		5,500		5,500	
ARBITRAGE REBATE FEE		3,500		3,500	
INSURANCE		15,000		15,000	
LEGAL ADVERTISING		5,500		5,500	
MISCELLANEOUS		2,800		2,800	
POSTAGE		1,300		1,300	
OFFICE SUPPLIES		2,200		2,500	
DUES & SUBSCRIPTIONS		175		175	
TRUSTEE FEES		37,000		33,000	
CONTINUING DISCLOSURE FEE		5,000		5,000	
AMORTIZATION SCHEDULE		500		500	
WEBSITE		1,500		1,500	
PROFESSIONAL FEE & PERMITS		2,000		1,500	
ELECTRICITY		1,000		200	
TREELINE PRESEVE MAINT - EXOTICS		4,000		 	7,500	
DRI TRAFFIC MONITORING		0		10,000	
ENVIROMENTAL CONSULTING - PASSARELLA		15,000		20,000	
PANTHER MITIGATION MAINT - EXOTICS		110,000		 	90,000	
STREET LIGHTING - UTILITY & MAINT		21,000		21,000	
CAPITAL OUTLAY - SMALL		1,000		1,000	
COUNTY APPRAISER & TAX COLLECTOR FEE		10,000		10,000	
FLOWWAY MAINT		4,600		4,600	
MITIGATION MONITORING - (PARCEL C ONLY)		6,200		6,200	
PRESERVE MAINT - (PARCEL C ONLY)		10,800		10,800	
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		46,100		46,100	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		0		30,000	
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000	
FIELD INSPECTOR - (SOMERSET ONLY)		28,000		24,000	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		0		 	17,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		0		 	2,500	
Total Expenditures			  $	501,028		  $	518,195	
EXCESS / (SHORTFALL)			  $	14,242		  $	20,880	
DISCOUNTS FOR EARLY PAYMENTS		(13,646)		(20,880)	
NET EXCESS / (SHORTFALL)			  $	596		  $	-		
Approximate Fund Balance as of 9-30-2017 = 220,000.00					

7

2014 DEBT SERVICE FUND FISCAL YEAR 2019/2020
October 1, 2019 - September 30, 2020

 	2014A-1		 	2014A-2	
FISCAL YEAR	FISCAL YEAR
2019/2020	2019/2020
    ANNUAL BUDGET	 ANNUAL BUDGET 

REVENUES		REVENUES	
Net On Roll Assessments			334,955	Net On Roll Assessments			72,384 Direct Bill Assessments - WCI		 	153,487	Direct Bill Assessments - WCI		 	33,169

Total Revenues	

  $	488,443

Total Revenues	

  $	105,553

EXPENDITURES		EXPENDITURES	
Principal Payments	155,000	Principal Payments	35,000
Interest Payments			333,443	Interest Payments			70,553 Miscellaneous		 		0	Miscellaneous		 		0

Total Expenditures

$	488,443

Total Expenditures

$	105,553

 	 	

 	 	 	

Excess  / (Shortfall)	

  $	-

Excess  / (Shortfall)	

  $	-

*Note: Excess goes to increase bond fund balance

 	Series 2014 A-1 Bond Information		 	Series 2014 A-2 Bond Information	
Initial Par Amount =	$4,939,888	Initial Par Amount =	$1,041,652
Maturity Par Amount =	$5,430,000	Maturity Par Amount =	$1,145,000
Interest Rate =	6.90%	Interest Rate =	6.90%
Issue Date =	Dec 2014	Issue Date =	Dec 2014
Maturity Date =	May 2036	Maturity Date =	May 2036
Annual Principal Payments Due =	May 1st	Annual Principal Payments Due =	May 1st
Annual Interest Payments Due =	May 1st & Nov 1st	Annual Interest Payments Due =	May 1st & Nov 1st
Par Amount As Of 1/31/19 =	$5,055,000	Par Amount As Of 1/31/19 =	$1,070,000

 	2014 B	
FISCAL YEAR 2019/2020
    ANNUAL BUDGET 

REVENUES	
Net On Roll Assessments	0
Direct Bill Assessments - WCI		 	528,195
Total Revenues		 $	528,195

EXPENDITURES	
Principal Payments	0
Interest Payments	528,195
Miscellaneous		 	0

Total Expenditures	

  $	528,195 **

 	
Excess / (Shortfall)		 $	-

**Note: Based on current bond balance and payoff checks already recieved.

Series 2014 B Bond Information
Initial Par Amount =	$9,097,400	
Maturity Par Amount =	$10,000,000	
Interest Rate =	6.90%	
Issue Date =	Dec 2014	
Maturity Date =	May 2025	
Annual Principal Payments Due =	N/A	
Annual Interest Payments Due =	N/A	
Par Amount As Of 1/31/19 =	$7,655,000	

8

PROPOSED BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT 2018 DEBT SERVICE FUND
FISCAL YEAR 2019/2020
October 1, 2019 - September 30, 2020

 	2018 A-1 & A-2	
FISCAL YEAR 2018/2019 ANNUAL BUDGET
REVENUES

Net On Roll Assessments	2,532,918	 	
Series 2018 A-1 Bond Information
Direct Bill Assessments - Pulte	16,407	 	
Direct Bill Assessments - GL Homes	3,949	Original Par Amount =	$24,465,000
Direct Bill Assessments - WCI		 	0	Average Interest Rate =	3.02%

Total Revenues

$	2,553,275

Maturity Date =	May 2036

Annual Principal Payments Due =	May 1st
EXPENDITURES	Annual Interest Payments Due =	May 1st & November 1st

Principal Payments A-1	1,085,000	Par Amount As Of 1-1-19 =	$24,985,000
Interest Payments A-1	729,932	 	

Principal Payments A-2		335,000	 		
Interest Payments A-2		393,154		
Miscellaneous / Prepayment			 	10,189	Original Par Amount =	$8,740,000	
Total Expenditures		$	2,553,275	Average Interest Rate =	4.65%	
			Maturity Date =	May 2036

Annual Principal Payments Due =	May 1st	
Excess / (Shortfall)		$	-	*	Annual Interest Payments Due =	May 1st & November 1st	
			Par Amount As Of 1-1-19 =	$8,740,000	

Series 2018 A-2 Bond Information

9

Arborwood Community Development District Assessment Recap - GL Homes Parcel
Fiscal Year 2019/2020 October 1, 2019 - September 30, 2020

GL HOMES PARCEL	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	ON ROLL
UNITS	DIRECT BILL
UNITS	
A	Townhomes	256	240	16	
A	40' SF	365	365	0	
A	40' SF ‐ PO	2	2	0	
A	45' SF	276	276	0	
A	52' SF	512	564	(52)	
	52' SF ‐ PO	1	1	0	
A	62' SF	79	33	46	
Total		1,491	1,481	10	

GL HOMES ON ROLL

PARCEL	PRODUCT
TYPE	ON ROLL
UNITS	O&M GROSS
ON ROLL	2018 GROSS
ON ROLL	
A	Townhomes	240	13,424.59	71,280.00	
A	40' SF	365	20,416.57	136,145.00	
A	40' SF ‐ PO	2	111.87	0.00	
A	45' SF	276	15,438.28	107,640.00	
A	52' SF	564	31,547.80	232,932.00	
A	52' SF ‐ PO	1	55.94	0.00	
A	62' SF	33	1,845.88	14,949.00	
Total		1,481	82,841	562,946	

 	
352.94
428.94
55.94
445.94
468.94
55.94
508.94

$
$
$
$
$
$
$

ON ROLL GROSS PER UNIT TOTAL

GL HOMES DIRECT BILL

PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	2018 NET
DIRECT BILL	
A	Townhomes	16	859.17	4,561.92	
A	40' SF	0	0.00	0.00	
A	40' SF ‐ PO	0	0.00	0.00	
A	45' SF	0	0.00	0.00	
A	52' SF	(52)	(2,792.32)	(20,616.96)	
A	52' SF ‐ PO	0	0.00	0.00	
A	62' SF	46	2,470.13	20,004.48	
Total		10	537	3,949	

PO = Paid Off. There are a few home owners that have paid their bonds offs.

Arborwood Community Development District Assessment Recap - Pulte Parcels
Fiscal Year 2019/2020 October 1, 2019 - September 30, 2020

PULTE PARCELS	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	ON ROLL
UNITS	DIRECT BILL
UNITS	
B	MF ‐ (2)	66	66	0	
B	MF ‐ (3)	37	37	0	
B	SF 42' ‐ (1)	101	186	(85)	
B	SF 42' ‐ (3)	39	39	0	
B	SF 55' ‐ (1)	265	262	3	
B	SF 55' ‐ (2)	1	1	0	
B	SF 55' ‐ (3)	69	69	0	
B	SF 67' ‐ (1)	173	103	70	
B	SF 67' ‐ (2)	38	38	0	
B	SF 67' ‐ (3)	91	91	0	
B	SF 67' ‐ (4)	33	33	0	
B	SF 75' ‐ (1)	1	0	1	
B	SF 75' ‐ (2)	34	34	0	
B	SF 75' ‐ (3)	3	3	0	
B	SF 75' ‐ (4)	27	27		
Total		978	989	(11)	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	ON ROLL
UNITS	DIRECT BILL
UNITS	
D/E	MF ‐ (1)	43	43	0	
D/E	MF ‐ (2)	123	123	0	
D/E	MF ‐ (3)	27	27	0	
D/E	MF ‐ (4)	27	27	0	
D/E	SF 55' ‐ (1)	78	78	0	
D/E	SF 55' ‐ (2)	126	126	0	
D/E	SF 55' ‐ (3)	46	46	0	
D/E	SF 67' ‐ (1)	97	97	0	
D/E	SF 67' ‐ (2)	101	101	0	
D/E	SF 67' ‐ (3)	53	53	0	
D/E	SF 67' ‐ (4)	30	30	0	
D/E	SF 67' ‐ (5)	3	3	0	
D/E	SF 75' ‐ (1)	57	57	0	
D/E	SF 75' ‐ (2)	77	77	0	
D/E	SF 75' ‐ (3)	27	27	0	
D/E	SF 75' ‐ (4)	39	39	0	
D/E	SF 75' ‐ (5)	1	1	0	
Total		955	955	0	

PULTE ON ROLL

PARCEL	PRODUCT
TYPE	ON ROLL
UNITS	O&M GROSS
ON ROLL	2018 DEBT GROSS
ON ROLL	
B	MF ‐ (2)	66	6,765.61	84,216.00	
B	MF ‐ (3)	37	3,792.84	37,185.00	
B	SF 42' ‐ (1)	186	19,066.71	90,768.00	
B	SF 42' ‐ (3)	39	3,997.86	39,195.00	
B	SF 55' ‐ (1)	262	26,857.41	171,348.00	
B	SF 55' ‐ (2)	1	102.51	1,276.00	
B	SF 55' ‐ (3)	69	7,073.13	69,276.00	
B	SF 67' ‐ (1)	103	10,558.45	81,988.00	
B	SF 67' ‐ (2)	38	3,895.35	48,488.00	
B	SF 67' ‐ (3)	91	9,328.34	91,364.00	
B	SF 67' ‐ (4)	33	3,382.80	47,784.00	
B	SF 75' ‐ (1)	0	0.00	0.00	
B	SF 75' ‐ (2)	34	3,485.31	49,164.00	
B	SF 75' ‐ (3)	3	307.53	3,522.00	
B	SF 75' ‐ (4)	27	2,767.75	41,364.00	
D/E	MF ‐ (1)	43	11,570.92	21,414.00	
D/E	MF ‐ (2)	123	33,098.21	156,948.00	
D/E	MF ‐ (3)	27	7,265.46	27,135.00	
D/E	MF ‐ (4)	27	7,265.46	39,096.00	
D/E	SF 55' ‐ (1)	78	20,989.11	51,012.00	
D/E	SF 55' ‐ (2)	126	33,905.49	160,776.00	
D/E	SF 55' ‐ (3)	46	12,378.19	46,184.00	
D/E	SF 67' ‐ (1)	97	26,101.84	77,212.00	
D/E	SF 67' ‐ (2)	101	27,178.21	128,876.00	
D/E	SF 67' ‐ (3)	53	14,261.83	53,212.00	
D/E	SF 67' ‐ (4)	30	8,072.74	43,440.00	
D/E	SF 67' ‐ (5)	3	807.27	0.00	
D/E	SF 75' ‐ (1)	57	15,338.20	50,673.00	
D/E	SF 75' ‐ (2)	77	20,720.02	111,342.00	
D/E	SF 75' ‐ (3)	27	7,265.46	31,698.00	
D/E	SF 75' ‐ (4)	39	10,494.56	59,748.00	
D/E	SF 75' ‐ (5)	1	269.09	0.00	
Total		1,944	358,364	1,915,704	

 	
1,378.51
1,107.51
590.51
1,107.51
756.51
1,378.51
1,106.51
898.51
1,378.51
1,106.51
1,550.51
- 1,548.51
1,276.51
1,634.51
767.09
1,545.09
1,274.09
1,717.09
923.09
1,545.09
1,273.09
1,065.09
1,545.09
1,273.09
1,717.09
269.09
1,158.09
1,715.09
1,443.09
1,801.09
269.09

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

ON ROLL GROSS PER UNIT TOTAL

PULTE DIRECT BILL

PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	2018 DEBT NET
DIRECT BILL	
B	MF ‐ (2)	0	0.00	0.00	
B	MF ‐ (3)	0	0.00	0.00	
B	SF 42' ‐ (1)	(85)	(8,364.75)	(39,820.80)	
B	SF 42' ‐ (3)	0	0.00	0.00	
B	SF 55' ‐ (1)	3	295.23	1,883.52	
B	SF 55' ‐ (2)	0	0.00	0.00	
B	SF 55' ‐ (3)	0	0.00	0.00	
B	SF 67' ‐ (1)	70	6,888.62	53,491.20	
B	SF 67' ‐ (2)	0	0.00	0.00	
B	SF 67' ‐ (3)	0	0.00	0.00	
B	SF 67' ‐ (4)	0	0.00	0.00	
B	SF 75' ‐ (1)	1	98.41	853.44	
B	SF 75' ‐ (2)	0	0.00	0.00	
B	SF 75' ‐ (3)	0	0.00	0.00	
B	SF 75' ‐ (4)	0	0.00	0.00	
Total		(11)	(1,082)	16,407	

 	

PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	2018 DEBT NET
DIRECT BILL	
D/E	MF ‐ (1)	0	0.00	0.00	
D/E	MF ‐ (2)	0	0.00	0.00	
D/E	MF ‐ (3)	0	0.00	0.00	
D/E	MF ‐ (4)	0	0.00	0.00	
D/E	SF 55' ‐ (1)	0	0.00	0.00	
D/E	SF 55' ‐ (2)	0	0.00	0.00	
D/E	SF 55' ‐ (3)	0	0.00	0.00	
D/E	SF 67' ‐ (1)	0	0.00	0.00	
D/E	SF 67' ‐ (2)	0	0.00	0.00	
D/E	SF 67' ‐ (3)	0	0.00	0.00	
D/E	SF 67' ‐ (4)	0	0.00	0.00	
D/E	SF 67' ‐ (5)	0	0.00	0.00	
D/E	SF 75' ‐ (1)	0	0.00	0.00	
D/E	SF 75' ‐ (2)	0	0.00	0.00	
D/E	SF 75' ‐ (3)	0	0.00	0.00	
D/E	SF 75' ‐ (4)	0	0.00	0.00	
D/E	SF 75' ‐ (5)	0	0.00	0.00	
Total		0	0	0	

Full 2005A‐2 Assessments and Paid Off 2006A‐3 Assessments
Full 2005A‐2 Assessments and Full 2006A‐3 Assessments
Full 2005A‐2 Assessments and Partial Buydown 2006A‐3 Assessments
Full 2005A‐2 Assessments, Full 2006A‐3 Assessments and Full 2006A‐2 Assessments
All Bonds Paid Off ‐ Still Pay O&M

WCI PARCEL	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	ON ROLL
UNITS	DIRECT BILL
UNITS	
C	6 ‐ plex	120	36	84	
C	4 ‐ plex	164	72	92	
C	46' SF	62	62	0	
C	52' SF	219	219	0	
C	67' SF	129	79	50	
Total		694	468	226	

WCI ON ROLL

PARCEL	PRODUCT
TYPE	ON ROLL
UNITS	O&M GROSS
ON ROLL	SERIES 2014 GROSS ON ROLL
A‐1 & A‐2 (Combined)	
C	6 ‐ plex	36	2,924.65	25,488.79	
C	4 ‐ plex	72	5,849.30	50,977.58	
C	46' SF	62	5,036.90	54,558.82	
C	52' SF	219	17,791.62	203,792.25	
C	67' SF	79	6,417.98	89,494.14	
Total		468	38,020	424,312	

 	
789.26
789.26
961.22
1,011.80
1,214.08

$
$
$
$
$

ON ROLL GROSS PER UNIT TOTAL

WCI HOMES DIRECT BILL

PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	SERIES 2014 NET DIRECT BILL
A‐1 & A‐2 (Combined)	
C	6 ‐ plex	84	6,551.22	58,870.63	
C	4 ‐ plex	92	7,175.14	64,959.34	
C	46' SF	0	0.00	1,139.64	
C	52' SF	0	0.00	4,256.07	
C	67' SF	50	3,899.53	57,430.20	
Total		226	17,626	186,656	

OTHER PARCELS	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS / ACRES	ON ROLL
UNITS	DIRECT BILL
UNITS	

D/E	
Golf Course	
116	
116	
0	
G	Neighborhood Retail	21	21	0	
H-1	Retail/ Commercial	11	11	0	
H-2	RE Office	2	2	0	
Total		151	151	0	

OTHER ON ROLL

PARCEL	PRODUCT
TYPE	ON ROLL
UNITS	O&M GROSS
ON ROLL	2018 GROSS
ON ROLL	

D/E	
Golf Course	
116	
37,598.53	
123,556.00	
G	Neighborhood Retail	21	3,136.45	21,850.00	
H-1	Retail/ Commercial	11	1,666.52	11,900.00	
H-2	RE Office	2	367.86	2,500.00	
Total		151	42,769	159,806	

 	
161,154.53
24,986.45
13,566.52
2,867.86

$
$
$
$

ON ROLL GROSS TOTAL

OTHER DIRECT BILL

PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	2018 GROSS
DIRECT BILL	

D/E	
Golf Course	
0	
0.00	
0.00	
G	Neighborhood Retail	0	0.00	0.00	
H-1	Retail/ Commercial	0	0.00	0.00	
H-2	RE Office	0	0.00	0.00	
Total		0	0	0	

ANNUAL ASSESSMENT METHODOLOGY - GENERAL FUND O&M FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

Total Shared O&M Expenditures

$ 346,095.00

A

Allocation of Expenditures and Assessment Per Unit

Tract	

Parcel	Allocation Per Parcel based on Gross Acreage	Assessment Per Unit	
		
B		
A*B=C	
D	
C/D=E	
E/96%	
		
Gross Acreage	
% of Total Acreage	Allocation of
Expenditures	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
1	A	560.00	23.13%	$	80,064	1,491	$	53.70	$	55.94	
2	B	655.68	27.09%	$	93,744	978	$	95.85	$	99.85	
2	D/E	794.42	32.82%	$	113,580	955	$	118.93	$	123.89	
2	C	259.67	10.73%	$	37,126	694	$	53.49	$	55.72	
Total Residential Land Uses	2,269.77	93.76%	$	324,513	4,118	Gross Total Assmt
(If On Roll)	
2	Golf Course (part of Tract 2 Parcel D/E)	116.23	4.80%	$	16,618		17,310.03	
3	Neighborhood Retail‐G	21.06	0.87%	$	3,011		3,136.45	
4	Retail/ Commercial H‐1	11.19	0.46%	$	1,600		1,666.52	
5	RE Office‐H‐2	2.47	0.10%	$	353		367.86	
Total Non‐Residential Land Uses	150.95	6.24%	$	21,582		
Grand Total (Gross)	2,420.72	100.00%	$	346,095		

$ 152,600.00

Total -Somerset Only- O&M Expenditures

Tract	
Parcel	
Gross Acreage	
% of Total Acreage	Allocation of
Expenditures	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	D/E	794.42	87.24% $	133,123	955	$	139.40	$	145.20	
2	Golf Course (part of Tract 2
Parcel D/E)	116.23	12.76% $	19,477		20,289	
Totals	
910.65	
100.00% $	
152,600		

$	17,000.00

Total -Parcel C Only O&M Expenditures

Tract	
Parcel	
Gross Acreage	
% of Total Acreage	Allocation of
Expenditures	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	C	259.67	100.00% $	17,000	694	$	24.50	$	25.52	

$	2,500.00

Total -Bridgetown Only O&M Expenditures

Tract	
Parcel	
Gross Acreage	
% of Total Acreage	Allocation of
Expenditures	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	B	655.68	100.00% $	2,500	978	$	2.56	$	2.66	

14

Net 2014 A1 & A2 Principal & Interest
Payment Due:	
Net Total MADs	
% Difference	
$	593,995.00	$	611,192.50	97.186%	

*

Parcel - Product Type	

Planned Units	

Platted Units ON
Roll	
Per Unit ERU Multiplied by
Net Due Grossed up = Assmt/Plttd.
Unit	

Assessments
Platted	

OFF Roll	
PARCEL C - 6 - Plex	120	36	$	708.02	$	25,488.79	$	58,871	
PARCEL C - 4 - Plex	164	72	$	708.02	$	50,977.58	$	64,959	
PARCEL C - 46' Single Family	62	62	$	879.98	$	54,558.82	$	1,140	
PARCEL C - 52' Single Family	219	219	$	930.56	$ 203,792.25	$	4,256	
PARCEL C - 67' Single Family	129	79	$	1,132.84	$	89,494.14	$	57,430	
						
Grand Total	694	468		$ 424,311.58	$ 186,655.88	

Per Unit ERUs
from Methodology	

Category Total using ERUs and Lot Count from Methodology	

Category % of ERUs Total = % of
Bond
Assessment	
0.70	84.00	14.0304%	
0.70	114.80	19.1749%	
0.87	53.94	9.0095%	
0.92	201.48	33.6529%	
1.12	144.48	24.1323%	
			
	598.70	100.0000%	

Note: ERU's and Planned Units come directly from the Series 2014 Bond Methodology.

$2,659,661

Parcel - Product Type	

Planned Units	

Platted Units
ON Roll	

Gross Annual
M.A.D	
Total Assessments
Platted	

OFF Roll Net	
						
PARCEL A - Townhomes	256	240	297	71,280	4,562	
PARCEL A - Single Family 40'	365	365	373	136,145	0	
PARCEL A - Single Family 40' - PO	2	2	0	0	0	
PARCEL A - Single Family 45'	276	276	390	107,640	0	
PARCEL A - Single Family 52'	512	564	413	232,932	(20,617)	
PARCEL A - Single Family 52' - PO	1	1	0	0	0	
PARCEL A - Single Family 62'	79	33	453	14,949	20,004	

Subtotal Parcel A	
1,491	
1,481		
562,946	
3,949	
						
PARCELS B - Multi Family and Twin Villas - (2)	66	66	1,276	84,216	0	
PARCELS B - Multi Family and Twin Villas - (3)	37	37	1,005	37,185	0	
PARCELS B - Single Family 42' - (1)	101	186	488	90,768	(39,821)	
PARCELS B - Single Family 42' - (3)	39	39	1,005	39,195	0	
PARCELS B - Single Family 55' - (1)	265	262	654	171,348	1,884	
PARCELS B - Single Family 55' - (2)	1	1	1,276	1,276	0	
PARCELS B - Single Family 55' - (3)	69	69	1,004	69,276	0	
PARCELS B - Single Family 67' - (1)	173	103	796	81,988	53,491	
PARCELS B - Single Family 67' - (2)	38	38	1,276	48,488	0	
PARCELS B - Single Family 67' - (3)	91	91	1,004	91,364	0	
PARCELS B - Single Family 67' - (4)	33	33	1,448	47,784	0	
PARCELS B - Single Family 75' - (1)	1	0	889	0	853	
PARCELS B - Single Family 75' - (2)	34	34	1,446	49,164	0	
PARCELS B - Single Family 75' - (3)	3	3	1,174	3,522	0	
PARCELS B - Single Family 75' - (4)	27	27	1,532	41,364	0	

Subtotal Parcels B	
978	
989		
856,938	
16,407	
						
PARCELS D/E - Multi Family and Twin Villas - (1)	43	43	498	21,414	0	
PARCELS D/E - Multi Family and Twin Villas - (2)	123	123	1,276	156,948	0	
PARCELS D/E - Multi Family and Twin Villas - (3)	27	27	1,005	27,135	0	
PARCELS D/E - Multi Family and Twin Villas - (4)	27	27	1,448	39,096	0	
PARCELS D/E - Single Family 55' - (1)	78	78	654	51,012	0	
PARCELS D/E - Single Family 55' - (2)	126	126	1,276	160,776	0	
PARCELS D/E - Single Family 55' - (3)	46	46	1,004	46,184	0	
PARCELS D/E - Single Family 67' - (1)	97	97	796	77,212	0	
PARCELS D/E - Single Family 67' - (2)	101	101	1,276	128,876	0	
PARCELS D/E - Single Family 67' - (3)	53	53	1,004	53,212	0	
PARCELS D/E - Single Family 67' - (4)	30	30	1,448	43,440	0	
PARCELS D/E - Single Family 67' - (5)	3	3	0	0	0	
PARCELS D/E - Single Family 75' - (1)	57	57	889	50,673	0	
PARCELS D/E - Single Family 75' - (2)	77	77	1,446	111,342	0	
PARCELS D/E - Single Family 75' - (3)	27	27	1,174	31,698	0	
PARCELS D/E - Single Family 75' - (4)	39	39	1,532	59,748	0	
PARCELS D/E - Single Family 75' - (5)	1	1	0	0	0	

Subtotal Parcels D/E	
955	
955		
1,058,766	
0	

Total Residential Units Parcels A, B, D, E	
3,424	
3,425		
2,478,650	
20,357	

Category Total MADs from Methodology	
	
76,032	
136,145	
0	
107,640	
211,456	
0	
35,787	

84,216	
37,185	
49,288	
39,195	
173,310	
1,276	
69,276	
137,708	
48,488	
91,364	
47,784	
889	
49,164	
3,522	
41,364	

21,414	
156,948	
27,135	
39,096	
51,012	
160,776	
46,184	
77,212	
128,876	
53,212	
43,440	
0	
50,673	
111,342	
31,698	
59,748	
0	
	
123,556	
21,850	
11,900	
2,500	

Other Land Uses					
GOLF COURSE	1	1	123,556	123,556	
PARCEL G (Neighborhood Retail)	1	1	21,850	21,850	
PARCEL H-1 (Retail / Commercial)	1	1	11,900	11,900	
PARCEL H-2 (RE Office)	1	1	2,500	2,500	
Other Land UseTotal				159,806	

Gross MADs when all platted

GRAND TOTAL	2,638,456	20,357	2,659,661

Arborwood Community Development District On Roll Assessment Comparsion
Fiscal Year 2019/2020 October 1, 2019 - September 30, 2020

		Gross	Gross	
	Product	Fiscal Year 2018/2019	Fiscal Year 2019/2020	
Parcel	Type	On Roll Assessment Per Unit	On Roll Assessment Per Unit	
GL Homes				
A	Townhomes	$334.97	$352.94	
A	40' SF	$410.97	$428.94	
A	40' SF - PO	$37.97	$55.94	
A	45' SF	$427.97	$445.94	
A	52' SF	$450.97	$468.94	
A	52' SF - PO	$37.97	$55.94	
A	62' SF	$490.97	$508.94	

Pulte				
B	MF - (2)	$1,343.78	$1,378.51	
B	MF - (3)	$1,072.78	$1,107.51	
B	SF 42' - (1)	$555.78	$590.51	
B	SF 42' - (3)	$1,072.78	$1,107.51	
B	SF 55' - (1)	$721.78	$756.51	
B	SF 55' - (2)	$1,343.78	$1,378.51	
B	SF 55' - (3)	$1,071.78	$1,106.51	
B	SF 67' - (1)	$863.78	$898.51	
B	SF 67' - (2)	$1,343.78	$1,378.51	
B	SF 67' - (3)	$1,071.78	$1,106.51	
B	SF 67' - (4)	$1,515.78	$1,550.51	
B	SF 75' - (1)	$0.00	$0.00	
B	SF 75' - (2)	$1,513.78	$1,548.51	
B	SF 75' - (3)	$1,241.78	$1,276.51	
B	SF 75' - (4)	$1,599.78	$1,634.51	
D/E	MF - (1)	$685.91	$767.09	
D/E	MF - (2)	$1,463.91	$1,545.09	
D/E	MF - (3)	$1,192.91	$1,274.09	
D/E	MF - (4)	$1,635.91	$1,717.09	
D/E	SF 55' - (1)	$841.91	$923.09	
D/E	SF 55' - (2)	$1,463.91	$1,545.09	
D/E	SF 55' - (3)	$1,191.91	$1,273.09	
D/E	SF 67' - (1)	$983.91	$1,065.09	
D/E	SF 67' - (2)	$1,463.91	$1,545.09	
D/E	SF 67' - (3)	$1,191.91	$1,273.09	
D/E	SF 67' - (4)	$1,635.91	$1,717.09	
D/E	SF 67' - (5)	$187.91	$269.09	
D/E	SF 75' - (1)	$1,076.91	$1,158.09	
D/E	SF 75' - (2)	$1,633.91	$1,715.09	
D/E	SF 75' - (3)	$1,361.91	$1,443.09	
D/E	SF 75' - (4)	$1,719.91	$1,801.09	
D/E	SF 75' - (5)	$187.91	$269.09	
Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments
Full 2005A-2 Assessments and Full 2006A-3 Assessments
Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments
Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments
All Bonds Paid Off - Still Pay O&M

WCI

$789.26
$789.26
$961.22
$1,011.80
$1,214.08

$763.82
$763.82
$934.27
$984.41
$1,184.92

6 - Plex
4 - Plex
46' SF
52' SF
67' SF

C C C
C
C

Others
D/E	Golf Course	$149,811.07	$161,154.53
G	Neighborhood Retail	$23,979.01	$24,986.45
H-1	Retail/ Commercial	$13,031.23	$13,566.52
H-2	RE Office	$2,749.70	$2,867.86