Arborwood	
Community Development District	

Proposed Budget	
Fiscal Year 2020/2021	
October 1, 2020 - September 30, 2021	

CONTENTS

1	REVENUE AND EXPENSE DESCRIPTIONS

PROPOSED TOTAL BUDGET

PROPOSED TOTAL BUDGET DETAIL

BUDGET COMPARISON

PROPOSED GENERAL FUND BUDGET

PROPOSED DEBT SERVICE FUND BUDGET - 2014 BOND

PROPOSED DEBT SERVICE FUND BUDGET - 2018 BOND

ASSESSMENTS RECAP - GL HOMES PARCELS

ASSESSMENTS RECAP - PULTE PARCELS

ASSESSMENTS RECAP - WCI PARCELS

ASSESSMENTS RECAP - OTHER PARCELS

GENERAL FUND METHODOLOGY

2014 BOND METHODOLOGY

2018 BOND METHODOLOGY

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.	

	1	

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	

	2	

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

TOTAL
FISCAL YEAR 2020/2021
October 1, 2020 - September 30, 2021

 REVENUES		
GENERAL FUND ON ROLL ASSESSMENT	
GENERAL FUND DIRECT BILL ASSESSMENT - PULTE	
GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES	
GENERAL FUND DIRECT BILL ASSESSMENT - WCI	
DEBT ON ROLL ASSESSMENT	
DEBT DIRECT BILL ASSESSMENT - PULTE	
DEBT DIRECT BILL ASSESSMENT - GL HOMES	
DEBT DIRECT BILL ASSESSMENT - WCI	
DEBT DIRECT BILL ASSESSMENT - OTHER	
 OTHER INCOME / CARRYOVER BALANCE		
 Total Revenues	

EXPENDITURES	

 	
 	TOTAL		
506,827	
0	
0	
14,037	
3,116,749	
0	
0	
519,657	
0	
 	0	
  $	4,157,270 	

PAYROLL TAX EXPENSE SUPERVISOR FEES ENGINEERING MANAGEMENT
LEGAL ASSESSMENT ROLL ANNUAL AUDIT
ARBITRAGE REBATE FEE INSURANCE
LEGAL ADVERTISING MISCELLANEOUS POSTAGE
OFFICE SUPPLIES
DUES & SUBSCRIPTIONS TRUSTEE FEES
CONTINUING DISCLOSURE FEE AMORTIZATION SCHEDULE WEBSITE
PROFESSIONAL FEE & PERMITS ELECTRICITY
TREELINE PRESEVE MAINT - EXOTICS DRI TRAFFIC MONITORING
ENVIROMENTAL CONSULTING - PASSARELLA PANTHER MITIGATION MAINT - EXOTICS STREET LIGHTING - UTILITY & MAINT CAPITAL OUTLAY - SMALL
COUNTY APPRAISER & TAX COLLECTOR FEE FLOWWAY MAINT
MITIGATION MONITORING - (PARCEL C ONLY) PRESERVE MAINT - (PARCEL C ONLY)
LAKE MAINT - (SOMERSET ONLY)
LAKE BANK EROSION MAINT - (SOMERSET ONLY) PRESERVE MAINT - (SOMERSET ONLY) INSPECTOR - (SOMERSET ONLY)
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)
 STORMWATER DRAINS INS - (BRIDGETOWN ONLY)	
 Total Expenditures	

 EXCESS / (SHORTFALL)	

DEBT PAYMENTS (2014)	
DEBT PAYMENTS (2018)	
MISCELLANEOUS DEBT EXPENSE	
 BALANCE	

880	
11,000	
32,500	
36,936	
23,500	
5,000	
5,600	
2,500	
12,500	
5,500	
4,000	
1,300	
2,300	
175	
31,000	
4,000	
500	
1,500	
1,500	
200	
7,500	
0	
20,000	
80,000	
14,000	
1,000	
10,000	
4,600	
6,200	
10,800	
46,100	
36,500	
35,000	
24,000	
20,000	
 	2,500	
  $	500,591 	
  $	3,656,679 

(979,011)	
(2,532,725)	
0	
  $	144,943 

DISCOUNTS FOR EARLY PAYMENTS	(144,943)

 NET EXCESS / (SHORTFALL)	 $	-	

4

DETAILED TOTAL FISCAL YEAR 2020/2021
October 1, 2020 - September 30, 2021

GENERAL FUND

DEBT - SERIES 2014

DEBT - SERIES 2018

 	
 REVENUES	

506,827	
0	
0	
14,037	
0	
0	
0	
0	
0	
 	0	
  $	520,864 	

GENERAL FUND ON ROLL ASSESSMENT
GENERAL FUND DIRECT BILL ASSESSMENT - PULTE GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES GENERAL FUND DIRECT BILL ASSESSMENT - WCI
DEBT ON ROLL ASSESSMENT
DEBT DIRECT BILL ASSESSMENT - PULTE DEBT DIRECT BILL ASSESSMENT - GL HOMES DEBT DIRECT BILL ASSESSMENT - WCI
DEBT DIRECT BILL ASSESSMENT - OTHER
 OTHER INCOME / CARRYOVER BALANCE	

 	A-1 & A-2	 	TOTAL	

   A-1 & A-2		B		

506,827	
0	
0	
14,037	
3,116,749	
0	
0	
519,657	
0	
 	0	
  $ 4,157,270 	

0	0	0
0	0	0
0	0	0
0	0	0
478,494	0	2,638,255
0	0	0
0	0	0
131,187	388,470	0
0	0	0
 	0	0 	0

 Total Revenues	

  $ 609,681 $ 388,470 

  $	2,638,255 

 EXPENDITURES		
PAYROLL TAX EXPENSE	
SUPERVISOR FEES	
ENGINEERING	
MANAGEMENT	
LEGAL	
ASSESSMENT ROLL	
ANNUAL AUDIT	
ARBITRAGE REBATE FEE	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
AMORTIZATION SCHEDULE	
WEBSITE	
PROFESSIONAL FEE & PERMITS	
ELECTRICITY	
TREELINE PRESEVE MAINT - EXOTICS	
DRI TRAFFIC MONITORING	
ENVIROMENTAL CONSULTING - PASSARELLA	
PANTHER MITIGATION MAINT - EXOTICS	
STREET LIGHTING - UTILITY & MAINT	
CAPITAL OUTLAY - SMALL	
COUNTY APPRAISER & TAX COLLECTOR FEE	
FLOWWAY MAINT	
MITIGATION MONITORING - (PARCEL C ONLY)	
PRESERVE MAINT - (PARCEL C ONLY)	
LAKE MAINT - (SOMERSET ONLY)	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)	
PRESERVE MAINT - (SOMERSET ONLY)	
INSPECTOR - (SOMERSET ONLY)	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)	
 STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		
 Total Expenditures		

 
880	
11,000	
32,500	
36,936	
23,500	
5,000	
5,600	
2,500	
12,500	
5,500	
4,000	
1,300	
2,300	
175	
31,000	
4,000	
500	
1,500	
1,500	
200	
7,500	
0	
20,000	
80,000	
14,000	
1,000	
10,000	
4,600	
6,200	
10,800	
46,100	
36,500	
35,000	
24,000	
20,000	
 	2,500	
   $	500,591 	

 	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
0	0	
 	0		0	
   $	-		$	-		

 
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
0	
 	0	
   $	-		

 
880	
11,000	
32,500	
36,936	
23,500	
5,000	
5,600	
2,500	
12,500	
5,500	
4,000	
1,300	
2,300	
175	
31,000	
4,000	
500	
1,500	
1,500	
200	
7,500	
0	
20,000	
80,000	
14,000	
1,000	
10,000	
4,600	
6,200	
10,800	
46,100	
36,500	
35,000	
24,000	
20,000	
 	2,500	
  $	500,591 	

 EXCESS / (SHORTFALL)	

   $	20,273 

$	2,638,255 

  $ 3,656,679 

  $ 609,681 	$ 388,470        	

DEBT PAYMENTS (2014)	
DEBT PAYMENTS (2018)	
MISCELLANEOUS DEBT EXPENSE	

(590,541)	(388,470)	0	(979,011)	
0	0	(2,532,725)	(2,532,725)	
0	0	0	0	

0
0

  $ 19,140 	$	-	 $	105,530       $	144,943 	

0

 BALANCE	 $	20,273 

(19,140)	-	(105,530)	(144,943)	

  $	-		$	-	 $	-	 $	-		

DISCOUNTS FOR EARLY PAYMENTS	(20,273)

 NET EXCESS / (SHORTFALL)	 $	-	

5

BUDGET COMPARISON

		FISCAL YEAR 2018/2019 ACTUAL *		FISCAL YEAR 2019/2020 ANNUAL BUDGET		FISCAL YEAR 2020/2021 ANNUAL BUDGET		

LARGE VARIANCE EXPLANATION	
									
REVENUES									

GENERAL FUND ON ROLL ASSESSMENT		
364,254		
521,994		
506,827		More platted lots on roll and assessment raised because carryover has been depleted	

GENERAL FUND DIRECT BILL ASSESSMENT - PULTE		
0		
-1,082		
0		
More lots on roll - results in less direct billed	
GENERAL FUND DIRECT BILL ASSESSMENT - GL HOMES		0		537		0			

GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR		
12,089		
17,626		
14,037		
More lots on roll - results in less direct billed	
GENERAL FUND DIRECT BILL ASSESSMENT - OTHER		0		0		0			

DEBT ON ROLL ASSESSMENT		
3,058,720		
3,060,300		
3,116,749		
More lots on roll - results in less direct billed	

DEBT DIRECT BILL ASSESSMENT - PULTE		
0		
16,407		
0		
More lots on roll - results in less direct billed	
DEBT DIRECT BILL ASSESSMENT - GL HOMES		0		3,949		0			

DEBT DIRECT BILL ASSESSMENT - WCI		
747,324		
574,041		
519,657		
More lots on roll - results 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		
0		
0		Surplus operating funds have been used up
over previous 2-3 years	
									
Total Revenues		$ 4,182,387		$	4,193,772		$	4,157,270			

EXPENDITURES									
PAYROLL TAX EXPENSE		581		912		880			
SUPERVISOR FEES		7,600		12,000		11,000			
ENGINEERING		52,548		25,000		32,500		7,500	
MANAGEMENT		35,441		36,108		36,936		annual CPI increase in contract	
LEGAL		15,097		25,000		23,500		(1,500)	
ASSESSMENT ROLL		5,000		5,000		5,000			
ANNUAL AUDIT		5,350		5,500		5,600			
ARBITRAGE REBATE FEE		1,000		3,500		2,500			
INSURANCE		13,480		15,000		12,500			
LEGAL ADVERTISING		4,532		5,500		5,500			
MISCELLANEOUS		3,425		2,800		4,000			
POSTAGE		1,825		1,300		1,300			
OFFICE SUPPLIES		1,333		2,500		2,300			
DUES & SUBSCRIPTIONS		175		175		175			
TRUSTEE FEES		27,174		33,000		31,000			
CONTINUING DISCLOSURE FEE		3,000		5,000		4,000			
AMORTIZATION SCHEDULE		450		500		500			
WEBSITE		1,500		1,500		1,500			
PROFESSIONAL FEE & PERMITS		0		1,500		1,500			
ELECTRICITY		146		200		200			
TREELINE PRESEVE MAINT - EXOTICS		0		7,500		7,500			
DRI TRAFFIC MONITORING		0		10,000		0			
ENVIROMENTAL CONSULTING - PASSARELLA		15,386		20,000		20,000			
PANTHER MITIGATION MAINT - EXOTICS		116,345		90,000		80,000			
STREET LIGHTING - UTILITY & MAINT		15,215		21,000		14,000			
CAPITAL OUTLAY - SMALL		0		1,000		1,000			
COUNTY APPRAISER & TAX COLLECTOR FEE		7,591		10,000		10,000			
FLOWWAY MAINT		0		4,600		4,600			
									
MITIGATION MONITORING - (PARCEL C ONLY)		7,117		6,200		6,200			
PRESERVE MAINT - (PARCEL C ONLY)		10,800		10,800		10,800			
									
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		48,916		46,100		46,100			
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		0		30,000		36,500			
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000		35,000			
FIELD INSPECTOR - (SOMERSET ONLY)		23,146		24,000		24,000			

STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		0		17,500		20,000			
									
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		0		2,500		2,500			
									
Total Expenditures		459,174		518,195		500,591			
									
EXCESS / (SHORTFALL)		$ 3,723,213		$	3,675,577		$	3,656,679			
									
DEBT PAYMENTS (2014)		(1,151,504)		(979,011)		(979,011)			
DEBT PAYMENTS (2018)		(2,534,504)		(2,553,275)		(2,532,725)			
MISCELLANEOUS DEBT EXPENSE		0		-		-			
									
BALANCE		$	37,204		$	143,292		$	144,943			

DISCOUNTS FOR EARLY PAYMENTS		
(124,664)		
(143,292)		
(144,943)		higher assessments on roll results in higher
discount potential	
									
NET EXCESS / (SHORTFALL)		$	(87,460)		$	(0)		$	0			

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

1

2
3

4
5

6

7
8

9
10
11
12
13

14

15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

43

44

45

46

47

48

49

50

51

52

53

54

*   Un-audited figures

6

GENERAL FUND FISCAL YEAR 2020/2021
October 1, 2020 - September 30, 2021

FISCAL YEAR	
2019/2020	
 	ANNUAL BUDGET		

FISCAL YEAR	
2020/2021	
 	ANNUAL BUDGET		

REVENUES	
ON ROLL ASSESSMENTS	
DIRECT BILL ASSESSMENTS - PULTE	
DIRECT BILL ASSESSMENTS - GL HOMES	
DIRECT BILL ASSESSMENTS - WCI	
INTEREST INCOME	
OTHER INCOME / CARRYOVER BALANCE	

521,994	
-1,082	
537	
17,626	
0	
0	

506,827
0
0
14,037
0
0

 Total Revenues	

EXPENDITURES	
PAYROLL TAX EXPENSE	
SUPERVISOR FEES	
ENGINEERING	
MANAGEMENT	
LEGAL	
ASSESSMENT ROLL	
ANNUAL AUDIT	
ARBITRAGE REBATE FEE	
INSURANCE	
LEGAL ADVERTISING	
MISCELLANEOUS	
POSTAGE	
OFFICE SUPPLIES	
DUES & SUBSCRIPTIONS	
TRUSTEE FEES	
CONTINUING DISCLOSURE FEE	
AMORTIZATION SCHEDULE	
WEBSITE	
PROFESSIONAL FEE & PERMITS	
ELECTRICITY	
TREELINE PRESEVE MAINT - EXOTICS	
DRI TRAFFIC MONITORING	
ENVIROMENTAL CONSULTING - PASSARELLA	
PANTHER MITIGATION MAINT - EXOTICS	
STREET LIGHTING - UTILITY & MAINT	
CAPITAL OUTLAY - SMALL	
COUNTY APPRAISER & TAX COLLECTOR FEE	
FLOWWAY MAINT	
MITIGATION MONITORING - (PARCEL C ONLY)	
PRESERVE MAINT - (PARCEL C ONLY)	
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)	
PRESERVE MAINT - (SOMERSET ONLY)	
FIELD INSPECTOR - (SOMERSET ONLY)	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)	

STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		2,500		2,500	
 Total Expenditures			  $	518,195 		  $	500,591 	
 EXCESS / (SHORTFALL)			  $	20,880 		  $	20,273 	
DISCOUNTS FOR EARLY PAYMENTS		(20,880)		(20,273)	
 NET EXCESS / (SHORTFALL)	

Approximate Fund Balance as of 9-30-2020 = 140,000.00		  $	-			  $	-		

7

  $	539,075 

912	
12,000	
25,000	
36,108	
25,000	
5,000	
5,500	
3,500	
15,000	
5,500	
2,800	
1,300	
2,500	
175	
33,000	
5,000	
500	
1,500	
1,500	
200	
7,500	
10,000	
20,000	
90,000	
21,000	
1,000	
10,000	
4,600	
6,200	
10,800	
46,100	
30,000	
35,000	
24,000	
17,500	

  $	520,864 

880	
11,000	
32,500	
36,936	
23,500	
5,000	
5,600	
2,500	
12,500	
5,500	
4,000	
1,300	
2,300	
175	
31,000	
4,000	
500	
1,500	
1,500	
200	
7,500	
0	
20,000	
80,000	
14,000	
1,000	
10,000	
4,600	
6,200	
10,800	
46,100	
36,500	
35,000	
24,000	
20,000	

2014 DEBT SERVICE FUND FISCAL YEAR 2020/2021
October 1, 2020 - September 30, 2021

 	2014A-1		
FISCAL YEAR	
2019/2020	
   ANNUAL BUDGET 	

 	2014A-2		
FISCAL YEAR	
2019/2020	
   ANNUAL BUDGET 	

 REVENUES		
Net On Roll Assessments	
 Direct Bill Assessments - WCI		
 Total Revenues		

379,128	
 	108,275	
  $	487,403 	

 REVENUES		
Net On Roll Assessments	
 Direct Bill Assessments - WCI		
 Total Revenues		

80,226	
 	22,912	
  $	103,138 	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
Total Expenditures	

165,000	
322,403	
 	0	
$	487,403	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
Total Expenditures	

35,000	
68,138	
 	0	
$	103,138	

 	 	 	

 Excess / (Shortfall)	

  $	- 

 Excess / (Shortfall)	

  $	- 

*Note: Excess goes to increase bond fund balance

 	Series 2014 A-1 Bond Information		
Initial Par Amount =	$4,939,888	
Maturity Par Amount =	$5,430,000	
Interest Rate =	6.90%	
Issue Date =	Dec 2014	
Maturity Date =	May 2036	
Annual Principal Payments Due =	May 1st	
Annual Interest Payments Due =	May 1st & Nov 1st	
Par Amount As Of 1/1/20 =	$4,910,000	

 	Series 2014 A-2 Bond Information		
Initial Par Amount =	$1,041,652	
Maturity Par Amount =	$1,145,000	
Interest Rate =	6.90%	
Issue Date =	Dec 2014	
Maturity Date =	May 2036	
Annual Principal Payments Due =	May 1st	
Annual Interest Payments Due =	May 1st & Nov 1st	
Par Amount As Of 1/1/20 =	$1,040,000	

 	2014 B		
	FISCAL YEAR	
	2019/2020	
	   ANNUAL BUDGET 	

 REVENUES			
Net On Roll Assessments	0	
 Direct Bill Assessments - WCI		 	388,470	
 Total Revenues		  $	388,470 	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
 Total Expenditures		

0		
388,470		
 	0		
  $	388,470 	**	

 Excess / (Shortfall)		 $	- 

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

 	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 1/1/20 =	$5,630,000	

8

PROPOSED  BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT 2018 DEBT SERVICE FUND
FISCAL YEAR 2020/2021
October 1, 2020 - September 30, 2021

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

 REVENUES		
Net On Roll Assessments	
Direct Bill Assessments - Pulte	
Direct Bill Assessments - GL Homes	
 Direct Bill Assessments - WCI		
 Total Revenues		

2,532,725	
0	
0	
 	0	
  $	2,532,725 	

 	
Series 2018 A-1 Bond Information	
Original Par Amount =	$24,465,000	
Average Interest Rate =	3.02%	
Maturity Date =	May 2036	
Annual Principal Payments Due =	May 1st	
Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1-1-20 =	$23,400,000	

 EXPENDITURES		
Principal Payments A-1	
Interest Payments A-1	
Principal Payments A-2	
Interest Payments A-2	
 Miscellaneous  / Prepayment		
 Total Expenditures		

1,110,000	
701,348	
350,000	
356,875	
 	14,502	
  $	2,532,725 	

 	
Series 2018 A-2 Bond Information

 Excess  / (Shortfall)	

Original Par Amount =	$8,740,000
Average Interest Rate =	4.65%
Maturity Date =	May 2036

  $	- 	*	

Annual Principal Payments Due =	May 1st
Annual Interest Payments Due =	May 1st & November 1st Par Amount As Of 1-1-20 =	$8,225,000

9

Arborwood Community Development District Assessment Recap - GL Homes Parcel
Fiscal Year 2020/2021 October 1, 2020 - September 30, 2021

 GL HOMES PARCEL	

PARCEL	PRODUCT	TOTAL	ON ROLL	DIRECT BILL	
	TYPE	UNITS	UNITS	UNITS	
A	Townhomes	240	240	0	
A	40' SF	365	365	0	
A	40' SF - PO	2	2	0	
A	45' SF	276	276	0	
A	52' SF	564	564	0	
	52' SF - PO	1	1	0	
A	62' SF	33	33	0	
Total		1,481	1,481	0	

GL HOMES ON ROLL

PARCEL	PRODUCT	ON ROLL	O&M GROSS	2018 GROSS	
	TYPE	UNITS	ON ROLL	ON ROLL	
A	Townhomes	240	12,476.34	71,280.00	
A	40' SF	365	18,974.43	136,145.00	
A	40' SF - PO	2	103.97	0.00	
A	45' SF	276	14,347.79	107,640.00	
A	52' SF	564	29,319.39	232,932.00	
A	52' SF - PO	1	51.98	0.00	
A	62' SF	33	1,715.50	14,949.00	
Total		1,481	76,989	562,946	

 	
ON ROLL GROSS	
PER UNIT TOTAL	
$	348.98	
$	424.98	
$	51.98	
$	441.98	
$	464.98	
$	51.98	
$	504.98	

GL HOMES DIRECT BILL

PARCEL	PRODUCT	DIRECT BILL	O&M NET	2018 NET	
	TYPE	UNITS	DIRECT BILL	DIRECT BILL	
A	Townhomes	0	0.00	0.00	
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	0	0.00	0.00	
A	52' SF - PO	0	0.00	0.00	
A	62' SF	0	0.00	0.00	
Total		0	0	0	

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

10

Arborwood Community Development District Assessment Recap - Pulte Parcels
Fiscal Year 2020/2021 October 1, 2020 - September 30, 2021

 PULTE PARCELS	

PARCEL	PRODUCT	TOTAL	ON ROLL	DIRECT BILL	
	TYPE	UNITS	UNITS	UNITS	
B	MF - (2)	66	66	0	
B	MF - (3)	36	36	0	
B	SF 42' - (1)	186	186	0	
B	SF 42' - (3)	39	39	0	
B	SF 55' - (1)	232	232	0	
B	SF 55' - (2)	0	0	0	
B	SF 55' - (3)	71	71	0	
B	SF 67' - (1)	130	130	0	
B	SF 67' - (2)	38	38	0	
B	SF 67' - (3)	90	90	0	
B	SF 67' - (4)	33	33	0	
B	SF 75' - (1)	0	0	0	
B	SF 75' - (2)	34	34	0	
B	SF 75' - (3)	3	3	0	
B	SF 75' - (4)	27	27	0	
Total		985	985	0	

PARCEL	PRODUCT	TOTAL	ON ROLL	DIRECT BILL	
	TYPE	UNITS	UNITS	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)	96	96	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		954	954	0	

PULTE ON ROLL	

PARCEL	PRODUCT	ON ROLL	O&M GROSS	2018 DEBT GROSS	
	TYPE	UNITS	ON ROLL	ON ROLL	
B	MF - (2)	66	6,214.57	84,216.00	
B	MF - (3)	36	3,389.77	36,180.00	
B	SF 42' - (1)	186	17,513.79	90,768.00	
B	SF 42' - (3)	39	3,672.25	39,195.00	
B	SF 55' - (1)	232	21,845.15	151,728.00	
B	SF 55' - (2)	0	0.00	0.00	
B	SF 55' - (3)	71	6,685.37	71,284.00	
B	SF 67' - (1)	130	12,240.82	103,480.00	
B	SF 67' - (2)	38	3,578.09	48,488.00	
B	SF 67' - (3)	90	8,474.41	90,360.00	
B	SF 67' - (4)	33	3,107.28	47,784.00	
B	SF 75' - (1)	0	0.00	0.00	
B	SF 75' - (2)	34	3,201.44	49,164.00	
B	SF 75' - (3)	3	282.48	3,522.00	
B	SF 75' - (4)	27	2,542.32	41,364.00	
D/E	MF - (1)	43	11,541.76	21,414.00	
D/E	MF - (2)	123	33,014.79	156,948.00	
D/E	MF - (3)	27	7,247.15	27,135.00	
D/E	MF - (4)	27	7,247.15	39,096.00	
D/E	SF 55' - (1)	78	20,936.21	51,012.00	
D/E	SF 55' - (2)	126	33,820.03	160,776.00	
D/E	SF 55' - (3)	46	12,347.00	46,184.00	
D/E	SF 67' - (1)	96	25,767.64	76,416.00	
D/E	SF 67' - (2)	101	27,109.71	128,876.00	
D/E	SF 67' - (3)	53	14,225.89	53,212.00	
D/E	SF 67' - (4)	30	8,052.39	43,440.00	
D/E	SF 67' - (5)	3	805.24	0.00	
D/E	SF 75' - (1)	57	15,299.54	50,673.00	
D/E	SF 75' - (2)	77	20,667.80	111,342.00	
D/E	SF 75' - (3)	27	7,247.15	31,698.00	
D/E	SF 75' - (4)	39	10,468.11	59,748.00	
D/E	SF 75' - (5)	1	268.41	0.00	
Total		1,939	348,814	1,915,503	

ON ROLL GROSS	
PER UNIT TOTAL	
$	1,370.16	
$	1,099.16	
$	582.16	
$	1,099.16	
$	748.16	
#DIV/0!	
$	1,098.16	
$	890.16	
$	1,370.16	
$	1,098.16	
$	1,542.16	
$	-	
$	1,540.16	
$	1,268.16	
$	1,626.16	
$	766.41	
$	1,544.41	
$	1,273.41	
$	1,716.41	
$	922.41	
$	1,544.41	
$	1,272.41	
$	1,064.41	
$	1,544.41	
$	1,272.41	
$	1,716.41	
$	268.41	
$	1,157.41	
$	1,714.41	
$	1,442.41	
$	1,800.41	
$	268.41	

PULTE DIRECT BILL

PARCEL	PRODUCT	DIRECT BILL	O&M NET	2018 DEBT NET	
	TYPE	UNITS	DIRECT BILL	DIRECT BILL	
B	MF - (2)	0	0.00	0.00	
B	MF - (3)	0	0.00	0.00	
B	SF 42' - (1)	0	0.00	0.00	
B	SF 42' - (3)	0	0.00	0.00	
B	SF 55' - (1)	0	0.00	0.00	
B	SF 55' - (2)	0	0.00	0.00	
B	SF 55' - (3)	0	0.00	0.00	
B	SF 67' - (1)	0	0.00	0.00	
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)	0	0.00	0.00	
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		0	0	0	

 	

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

(1) Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments	
(2) Full 2005A-2 Assessments and Full 2006A-3 Assessments	
(3) Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments	
(4) Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments	
(5) All Bonds Paid Off - Still Pay O&M	

11

 WCI PARCEL	

PARCEL	PRODUCT	TOTAL	ON ROLL	DIRECT BILL	
	TYPE	UNITS	UNITS	UNITS	
C	6 - plex	120	54	66	
C	4 - plex	164	40	124	
C	46' SF	62	62	0	
C	52' SF	219	219	0	
C	67' SF	129	129	0	
Total		694	504	190	

WCI ON ROLL

PARCEL	PRODUCT	ON ROLL	O&M GROSS	SERIES 2014 GROSS ON ROLL	
	TYPE	UNITS	ON ROLL	A-1 & A-2 (Combined)	
C	6 - plex	54	4,155.67	38,838.13	
C	4 - plex	40	3,078.27	28,768.99	
C	46' SF	62	4,771.32	55,422.07	
C	52' SF	219	16,853.54	207,016.76	
C	67' SF	129	9,927.43	148,448.24	
Total		504	38,786	478,494	

 	
ON ROLL GROSS	
PER UNIT TOTAL	
$	796.18	
$	796.18	
$	970.86	
$	1,022.24	
$	1,227.72	

WCI HOMES DIRECT BILL

PARCEL	PRODUCT	DIRECT BILL	O&M NET	SERIES 2014 NET DIRECT BILL	
	TYPE	UNITS	DIRECT BILL	A-1 & A-2 (Combined)	
C	6 - plex	66	4,875.98	45,570.08	
C	4 - plex	124	9,160.94	85,616.51	
C	46' SF	0	0.00	0.00	
C	52' SF	0	0.00	0.00	
C	67' SF	0	0.00	0.00	
Total		190	14,037	131,187	

12

 OTHER PARCELS	

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

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

OTHER ON ROLL

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

D/E	
Golf Course	
116	
37,464.50	
123,556.00	
G	Neighborhood Retail	21	2,895.35	21,850.00	
H-1	Retail/ Commercial	11	1,538.41	11,900.00	
H-2	RE Office	2	339.58	2,500.00	
Total		151	42,238	159,806	

 	
ON ROLL GROSS	
TOTAL	

$	161,020.50
$	24,745.35
$	13,438.41
$	2,839.58	

OTHER DIRECT BILL

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

13

ANNUAL ASSESSMENT METHODOLOGY - GENERAL FUND O&M FISCAL YEAR 2020/2021
OCTOBER 1, 2020 - SEPTEMBER 30, 2021

Total Shared O&M Expenditures	

$ 319,491.00	
A	

Allocation of Expenditures and Assessment Per Unit

		Allocation Per Parcel based on Gross Acreage	Assessment Per Unit	
			
B	
A*B=C	
D	
C/D=E	
E/96%	

Tract	
Parcel	
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%	$	73,910	1,481	$	49.91	$	51.98	
2	B	655.68	27.09%	$	86,538	985	$	87.86	$	91.52	
2	D/E	794.42	32.82%	$	104,849	954	$	109.90	$	114.48	
2	C	259.67	10.73%	$	34,272	694	$	49.38	$	51.44	
Total Residential Land Uses	2,269.77	93.76%	$	299,568	4,114	Gross Total Assmt
(If On Roll)	
2	Golf Course (part of Tract 2 Parcel D/E)	116.23	4.80%	$	15,340		15,979.42	
3	Neighborhood Retail-G	21.06	0.87%	$	2,780		2,895.35	
4	Retail/ Commercial H-1	11.19	0.46%	$	1,477		1,538.41	
5	RE Office-H-2	2.47	0.10%	$	326		339.58	
Total Non-Residential Land Uses	150.95	6.24%	$	19,923		
Grand Total (Gross)	2,420.72	100.00%	$	319,491		

Total -Somerset Only- O&M Expenditures	

$ 161,600.00	

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%	$	140,974	954	$	147.77	$	153.93	
2	Golf Course (part of Tract 2
Parcel D/E)	116.23	12.76%	$	20,626		21,485	
Totals	
910.65	
100.00%	
$	161,600		

Total -Parcel C Only O&M Expenditures	

$	17,000.00	

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	

Total -Bridgetown Only O&M Expenditures	

$	2,500.00	

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	985	$	2.54	$	2.64	

14

Net 2014 A1 & A2 Principal & Interest
Payment Due:	
Net Total MADs	
% Difference	
$	590,541.00	$	598,173.89	98.724%	

*

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	54	$	719.22	$	38,838.13	$	45,570	
PARCEL C - 4 - Plex	164	40	$	719.22	$	28,768.99	$	85,617	
PARCEL C - 46' Single Family	62	62	$	893.90	$	55,422.07	$	-	
PARCEL C - 52' Single Family	219	219	$	945.28	$ 207,016.76	$	-	
PARCEL C - 67' Single Family	129	129	$	1,150.76	$ 148,448.24	$	-	
						
Grand Total	694	504		$ 478,494.19	$ 131,186.58	

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.

15

Parcel - Product Type	

Planned Units	

Platted Units
ON Roll	

Gross Annual
M.A.D	
Total Assessments
Platted	

OFF Roll Net	
						
PARCEL A - Townhomes	240	240	297	71,280	0	
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'	564	564	413	232,932	0	
PARCEL A - Single Family 52' - PO	1	1	0	0	0	
PARCEL A - Single Family 62'	33	33	453	14,949	0	

Subtotal Parcel A	
1,481	
1,481		
562,946	
0	
						
PARCELS B - Multi Family and Twin Villas - (2)	66	66	1,276	84,216	0	
PARCELS B - Multi Family and Twin Villas - (3)	36	36	1,005	36,180	0	
PARCELS B - Single Family 42' - (1)	186	186	488	90,768	0	
PARCELS B - Single Family 42' - (3)	39	39	1,005	39,195	0	
PARCELS B - Single Family 55' - (1)	232	232	654	151,728	0	
PARCELS B - Single Family 55' - (2)	0	0	1,276	0	0	
PARCELS B - Single Family 55' - (3)	71	71	1,004	71,284	0	
PARCELS B - Single Family 67' - (1)	130	130	796	103,480	0	
PARCELS B - Single Family 67' - (2)	38	38	1,276	48,488	0	
PARCELS B - Single Family 67' - (3)	90	90	1,004	90,360	0	
PARCELS B - Single Family 67' - (4)	33	33	1,448	47,784	0	
PARCELS B - Single Family 75' - (1)	0	0	889	0	0	
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	
985	
985		
857,533	
0	
						
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)	96	96	796	76,416	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	
954	
954		
1,057,970	
0	

Total Residential Units Parcels A, B, D, E	
3,420	
3,420		
2,478,449	
0	

Gross MADs when all platted	
$2,638,255	

GRAND TOTAL	2,638,255	0	2,638,255	

Category Total MADs from Methodology	
	
71,280	
136,145	
0	
107,640	
232,932	
0	
14,949	

84,216	
36,180	
90,768	
39,195	
151,728	
0	
71,284	
103,480	
48,488	
90,360	
47,784	
0	
49,164	
3,522	
41,364	

21,414	
156,948	
27,135	
39,096	
51,012	
160,776	
46,184	
76,416	
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	

16

Arborwood Community Development District On Roll Assessment Comparsion
Fiscal Year 2020/2021 October 1, 2020 - September 30, 2021

Gross	
Fiscal Year 2019/2020	
On Roll Assessment Per Unit	

Gross	
Fiscal Year 2020/2021	
On Roll Assessment Per Unit	

Product	
Type	

Parcel

GL Homes		
A	Townhomes	$352.94	$348.98	
A	40' SF	$428.94	$424.98	
A	40' SF - PO	$55.94	$51.98	
A	45' SF	$445.94	$441.98	
A	52' SF	$468.94	$464.98	
A	52' SF - PO	$55.94	$51.98	
A	62' SF	$508.94	$504.98	

Pulte		
B	MF - (2)	$1,378.51	$1,370.16	
B	MF - (3)	$1,107.51	$1,099.16	
B	SF 42' - (1)	$590.51	$582.16	
B	SF 42' - (3)	$1,107.51	$1,099.16	
B	SF 55' - (1)	$756.51	$748.16	
B	SF 55' - (2)	$0.00	$0.00	
B	SF 55' - (3)	$1,106.51	$1,098.16	
B	SF 67' - (1)	$898.51	$890.16	
B	SF 67' - (2)	$1,378.51	$1,370.16	
B	SF 67' - (3)	$1,106.51	$1,098.16	
B	SF 67' - (4)	$1,550.51	$1,542.16	
B	SF 75' - (1)	$0.00	$0.00	
B	SF 75' - (2)	$1,548.51	$1,540.16	
B	SF 75' - (3)	$1,276.51	$1,268.16	
B	SF 75' - (4)	$1,634.51	$1,626.16	
D/E	MF - (1)	$767.09	$766.41	
D/E	MF - (2)	$1,545.09	$1,544.41	
D/E	MF - (3)	$1,274.09	$1,273.41	
D/E	MF - (4)	$1,717.09	$1,716.41	
D/E	SF 55' - (1)	$923.09	$922.41	
D/E	SF 55' - (2)	$1,545.09	$1,544.41	
D/E	SF 55' - (3)	$1,273.09	$1,272.41	
D/E	SF 67' - (1)	$1,065.09	$1,064.41	
D/E	SF 67' - (2)	$1,545.09	$1,544.41	
D/E	SF 67' - (3)	$1,273.09	$1,272.41	
D/E	SF 67' - (4)	$1,717.09	$1,716.41	
D/E	SF 67' - (5)	$269.09	$268.41	
D/E	SF 75' - (1)	$1,158.09	$1,157.41	
D/E	SF 75' - (2)	$1,715.09	$1,714.41	
D/E	SF 75' - (3)	$1,443.09	$1,442.41	
D/E	SF 75' - (4)	$1,801.09	$1,800.41	
D/E	SF 75' - (5)	$269.09	$268.41	
	(1) Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments	
	(2) Full 2005A-2 Assessments and Full 2006A-3 Assessments	
	(3) Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments	
	(4) Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments	
	(5) All Bonds Paid Off - Still Pay O&M	

WCI		
C	6 - Plex	$789.26	$796.18	
C	4 - Plex	$789.26	$796.18	
C	46' SF	$961.22	$970.86	
C	52' SF	$1,011.80	$1,022.24	
C	67' SF	$1,214.08	$1,227.72	

Others		
D/E	Golf Course	$161,154.53	$161,020.50	
G	Neighborhood Retail	$24,986.45	$24,745.35	
H-1	Retail/ Commercial	$13,566.52	$13,438.41	
H-2	RE Office	$2,867.86	$2,839.58	

17