Arborwood	
Community Development District	

Final Budget	
Fiscal Year 2023/2024	
October 1, 2023 - September 30, 2024	

CONTENTS

1 - 3  REVENUE AND EXPENSE DESCRIPTIONS

FINAL TOTAL BUDGET

FINAL TOTAL BUDGET DETAIL

BUDGET COMPARISON

FINAL GENERAL FUND BUDGET

FINAL DEBT SERVICE FUND BUDGET - 2014 BOND

FINAL DEBT SERVICE FUND BUDGET - 2018 BOND

ASSESSMENTS RECAP - PARCEL A - MARINA BAY & BOTANICA LAKES

ASSESSMENTS RECAP - PARCELS B & D/E - BRIDGETOWN & SOMERSET

ASSESSMENTS RECAP - LENNAR 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 & Maintenance.	

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

3	DEBT ON ROLL ASSESSMENTS	
	Debt Assessments collected via the property tax roll for Bond Debt	

4	DEBT DIRECT BILL ASSESSMENTS	
	Individual parcels not placed on the tax roll are billed directly by mail for Debt Assessments.	

5	DEBT PREPAYMENTS / MISCELLANEOUS PAYMENTS	
	Debt Assessments used to pay down Bond debt before the required payments by individuals or the District as a whole.	

6	GENERAL FUND INTEREST INCOME	
	Any interest earned on the general fund balance and any item that does not fall into the other income categories is recorded in this category.	

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

26	PROFESSIONAL FEE & PERMITS	
	Permit, survey, etc., cost related to maintenance or construction.	

27	TREELINE PRESEVE MAINT - EXOTICS	
	Removal of exotics annually	

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

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

30	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	

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

32	CAPITAL OUTLAY - SMALL	
	Small, miscellaneous construction related to district improvements.	

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

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

35	MISCELLANEOUS MAINTENANCE	
	Any District wide maintenance that does not fit into any of the other maintenance categories.	

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

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

38	LAKE MAINT - AQUATIC CONTROL MAINT- (SOMERSET ONLY)	
	Maintenance of aquatic vegetation in Somerset lakes	

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

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

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

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

43	LAKE BANK INSPECTION - (SOMERSET ONLY)	
	Inspection of Lake Banks in Somerset Only	

44	LAKE BANK INSPECTION - (BRIDGETOWN ONLY)	
	Inspection of Lake Banks in Bridgetown only.	

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

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

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

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

49	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 2023/2024
October 1, 2023 - September 30, 2024

 REVENUES		
GENERAL FUND ON ROLL ASSESSMENT	
GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR	
DEBT ON ROLL ASSESSMENT	
DEBT DIRECT BILL ASSESSMENT - LENNAR	
 OTHER INCOME / CARRYOVER BALANCE		
 Total Revenues		

	TOTAL		
538,203	
1,150	
3,243,209	
11,111	
	18,000	
 $	3,811,674 	

 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 SCHEDULES	
WEBSITE	
PROFESSIONAL FEE & PERMITS	
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)	

880	
11,000	
50,000	
39,720	
22,000	
5,000	
5,350	
2,000	
12,000	
5,500	
3,300	
1,150	
2,300	
175	
30,000	
4,000	
500	
2,000	
1,250	
6,000	
10,000	
22,000	
80,000	
10,000	
1,000	
10,000	
4,600	
0	
7,000	

 

LAKE MAINT - (SOMERSET ONLY)	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)	
PRESERVE MAINT - (SOMERSET ONLY)	
INSPECTOR - (SOMERSET ONLY)	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)	
LAKE BANK INSPECTION - (SOMERSET ONLY)	

46,100	
45,000	
35,000	
25,500	
20,000	
6,500	
6,500	
	2,500	
 $	535,825 	

LAKE BANK INSPECTION - (BRIDGETOWN ONLY)	
 STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		
 Total Expenditures		

 EXCESS / (SHORTFALL)	

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

 BALANCE	

 $	3,275,849 

(593,966)	
(2,530,626)	
0	

 $	151,256 

DISCOUNTS FOR EARLY PAYMENTS	(151,256)

 NET EXCESS / (SHORTFALL)	  $	-	

DETAILED TOTAL FISCAL YEAR 2023/2024
October 1, 2023 - September 30, 2024

GENERAL FUND

DEBT - SERIES 2014

DEBT - SERIES 2018

 A-1 & A-2		B		

 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 SCHEDULES	
WEBSITE	
PROFESSIONAL FEE & PERMITS	
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)	
LAKE BANK INSPECTION - (SOMERSET ONLY)	
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)	
 STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		
 Total Expenditures		

880	
11,000	
50,000	
39,720	
22,000	
5,000	
5,350	
2,000	
12,000	
5,500	
3,300	
1,150	
2,300	
175	
30,000	
4,000	
500	
2,000	
1,250	
6,000	
10,000	
22,000	
80,000	
10,000	
1,000	
10,000	
4,600	
0	
7,000	
46,100	
45,000	
35,000	
25,500	
20,000	
6,500	
6,500	
	2,500	
 $	535,825 	

880	
11,000	
50,000	
39,720	
22,000	
5,000	
5,350	
2,000	
12,000	
5,500	
3,300	
1,150	
2,300	
175	
30,000	
4,000	
500	
2,000	
1,250	
6,000	
10,000	
22,000	
80,000	
10,000	
1,000	
10,000	
4,600	
0	
7,000	
46,100	
45,000	
35,000	
25,500	
20,000	
6,500	
6,500	
	2,500	
 $	535,825 	

			A-1 & A-2	 	TOTAL	

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

538,203	
1,150	
0	
0	
	18,000	
 $	557,353 	

0	0	
0	0	
607,140	0	
11,111	0	
	0		0	
 $ 618,252 	$	-		

0	
0	
2,636,069	
0	
	0	
 $	2,636,069 	

538,203	
1,150	
3,243,209	
11,111	
	18,000	
 $  3,811,674 	

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
 $	-	

 EXCESS / (SHORTFALL)	  $	21,528 

 $ 618,252 	$	-	  $	2,636,069   $ 3,275,849 	

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

(593,966)	0	
0	0	
0	0	

0	
(2,530,626)	
0	

(593,966)	
(2,530,626)	
0	

0
0

 $  24,286 	$	-	  $	105,443   $	151,256 	

0

 BALANCE	  $	21,528 

(24,286)	-	

 $	-		$	-	  $	-	  $	-		

DISCOUNTS FOR EARLY PAYMENTS	(21,528)	(105,443)	(151,256)

 NET EXCESS / (SHORTFALL)	  $	-	

		FISCAL YEAR 2021/2022 ACTUAL *		FISCAL YEAR 2022/2023 ANNUAL BUDGET		FISCAL YEAR 2023/2024 ANNUAL BUDGET		

LARGE VARIANCE EXPLANATION	
									
REVENUES									

GENERAL FUND ON ROLL ASSESSMENT		
504,700		
500,974		
538,203		More platted lots on roll and assessment raised because carryover has been depleted	
GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR		3,565		3,538		1,150		More lots on roll - results in less direct billed	
DEBT ON ROLL ASSESSMENT		3,219,375		3,212,720		3,243,209		More lots on roll - results in less direct billed	
DEBT DIRECT BILL ASSESSMENT - LENNAR		51,624		57,812		11,111		More lots on roll - results in less direct billed	
DEBT PREPAYMENTS / MISCELLANEOUS PAYMENTS		0		0		0			
GENERAL FUND INTEREST INCOME/MISC INCOME		2,846		0		0			

GENERAL FUND OTHER REVENUES/CARRYOVER BALANCE		
0		
18,000		
18,000		Carryover Funds Being Used To Reduce
Assessments	
									
Total Revenues		$  3,782,110		$	3,793,044		$	3,811,674			

EXPENDITURES									
PAYROLL TAX EXPENSE		704		880		880			
SUPERVISOR FEES		9,200		11,000		11,000			
ENGINEERING		43,346		32,500		50,000			
MANAGEMENT		37,452		38,568		39,720		Annual CPI increase in contract (capped at 3%)	
LEGAL		12,101		22,000		22,000			
ASSESSMENT ROLL		5,000		5,000		5,000			
ANNUAL AUDIT		5,350		5,350		5,350		Estimated Amount For 2023/2024 Audit	
ARBITRAGE REBATE FEE		1,000		2,000		2,000			
INSURANCE		9,983		12,000		12,000			
LEGAL ADVERTISING		3,149		5,500		5,500			
MISCELLANEOUS		2,120		3,300		3,300			
POSTAGE		496		1,150		1,150			
OFFICE SUPPLIES		1,419		2,300		2,300			
DUES & SUBSCRIPTIONS		175		175		175			
TRUSTEE FEES		27,174		30,000		30,000			
CONTINUING DISCLOSURE FEE		3,000		4,000		4,000			
AMORTIZATION SCHEDULES		150		500		500			
WEBSITE		2,000		2,000		2,000			
PROFESSIONAL FEE & PERMITS		0		1,250		1,250			
TREELINE PRESEVE MAINT - EXOTICS		0		6,000		6,000		Last Expenditure Was In 2015	
DRI TRAFFIC MONITORING		0		10,000		10,000		Expenditure Occurs Every Two Years	
ENVIROMENTAL CONSULTING - PASSARELLA		11,199		22,000		22,000			
PANTHER MITIGATION MAINT - EXOTICS		80,000		80,000		80,000			
STREET LIGHTING - UTILITY & MAINT		6,005		13,000		10,000		On pace for ~$7,100 by years end	
CAPITAL OUTLAY - SMALL		0		1,000		1,000			
COUNTY APPRAISER & TAX COLLECTOR FEE		8,448		10,000		10,000			
FLOWWAY MAINT		2,350		4,600		4,600			
MISCELLANEOUS MAINTENANCE		20,900		0		0		Mainly Erosion Restoration Project	
									
MITIGATION MONITORING - (PARCEL C ONLY)		0		0		0		Last Expenditure Was In 2018	
PRESERVE MAINT - (PARCEL C ONLY)		1,900		10,800		7,000		Under $10,000 last 2 years	
									
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		46,068		46,100		46,100			
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		62,200		36,500		45,000			
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000		35,000			
FIELD INSPECTOR - (SOMERSET ONLY)		24,701		25,500		25,500			
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		0		20,000		20,000			
LAKE BANK INSPECTION - (SOMERSET ONLY)		0		0		6,500		New Line Item	
									
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)		0		0		6,500		New Line Item	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		0		2,500		2,500			
									
Total Expenditures		462,590		502,473		535,825			
									
EXCESS / (SHORTFALL)		$ 3,319,520		$	3,290,571		$	3,275,849			
									
DEBT PAYMENTS (2014)		(608,408)		(609,673)		(593,966)			
DEBT PAYMENTS (2018)		(2,531,239)		(2,532,350)		(2,530,626)			

MISCELLANEOUS DEBT EXPENSE		0		-		-			
									
BALANCE		$	179,873		$	148,548		$	151,256			

DISCOUNTS FOR EARLY PAYMENTS		
(141,941)		
(148,548)		
(151,256)		Higher assessments on roll results in higher
discount potential	
									
NET EXCESS / (SHORTFALL)		$	37,932		$	-		$	-			

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

* Un-audited figures

GENERAL FUND FISCAL YEAR 2023/2024

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

October 1, 2023 - September 30, 2024

	FISCAL YEAR 2022/2023
	ANNUAL BUDGET			FISCAL YEAR 2023/2024
	ANNUAL BUDGET		
	500,974		538,203	
	3,538		1,150	
	0		0	
	18,000		18,000	
 Total Revenues			 $	522,512 		 $	557,353 	

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 SCHEDULES	
WEBSITE	
PROFESSIONAL FEE & PERMITS	
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)	
LAKE BANK INSPECTION - (SOMERSET ONLY)	

880	
11,000	
32,500	
38,568	
22,000	
5,000	
5,350	
2,000	
12,000	
5,500	
3,300	
1,150	
2,300	
175	
30,000	
4,000	
500	
2,000	
1,250	
6,000	
10,000	
22,000	
80,000	
13,000	
1,000	
10,000	
4,600	
0	
10,800	
46,100	
36,500	
35,000	
25,500	
20,000	
0	

880	
11,000	
50,000	
39,720	
22,000	
5,000	
5,350	
2,000	
12,000	
5,500	
3,300	
1,150	
2,300	
175	
30,000	
4,000	
500	
2,000	
1,250	
6,000	
10,000	
22,000	
80,000	
10,000	
1,000	
10,000	
4,600	
0	
7,000	
46,100	
45,000	
35,000	
25,500	
20,000	
6,500	

LAKE BANK INSPECTION - (BRIDGETOWN ONLY)		0		6,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		2,500		2,500	
 Total Expenditures			 $	502,473 		 $	535,825 	
 EXCESS / (SHORTFALL)			 $	20,039 		 $	21,528 	
DISCOUNTS FOR EARLY PAYMENTS		(20,039)		(21,528)	
 NET EXCESS / (SHORTFALL)	

Approximate Fund Balance as of 9-30-2023 = 300,000.00		 $	-			 $	-		

2014 DEBT SERVICE FUND FISCAL YEAR 2023/2024
October 1, 2023 - September 30, 2024

            2014A-1		
FISCAL YEAR	
2023/2024	
 ANNUAL BUDGET 	

            2014A-2		
FISCAL YEAR	
2023/2024	
 ANNUAL BUDGET 	

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

479,958	
	9,150	
 $	489,108 	

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

102,896	
	1,962	
 $	104,858 	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
Total Expenditures	

205,000	
284,108	
	0	
$	489,108	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
Total Expenditures	

45,000	
59,858	
	0	
$	104,858	

 			

 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 1/1/23 =	$4,410,000	

	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 =	Nov 1st	
Annual Interest Payments Due =	May 1st & Nov 1st	
Par Amount As Of 1/1/23 =	$930,000	

	2014 B			
	FISCAL YEAR	
	2023/2024	
	 ANNUAL BUDGET 	

 REVENUES			
Net On Roll Assessments	0	
 Direct Bill Assessments - Lennar			0	
 Total Revenues		 $	- 	

 EXPENDITURES		
Principal Payments	
Interest Payments	
 Miscellaneous		
Total Expenditures	

0	
0	
	0	
$	-	

 Excess / (Shortfall)		 $	- 

Series 2014B Bond Was Paid In Full On 5/2/22

	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 1/1/23 =	$0	

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT 2018 DEBT SERVICE FUND
FISCAL YEAR 2023/2024
October 1, 2023 - September 30, 2024

2018 A-1 & A-2	
FISCAL YEAR	
2023/2024	
ANNUAL BUDGET	

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 1-1-23 =	$19,900,000	

REVENUES	
Net On Roll Assessments	
Total Revenues	

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

2,530,626

Excess / (Shortfall)

$	2,530,626

1,180,000	
620,212	
370,000	
309,562	
	50,852	
$	2,530,626	

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 1-1-23 =	$6,870,000	

$	-

Series 2018 A-2 Bond Information

Assessment Recap - Parcel A Marina Bay & Botanica Lakes
Fiscal Year 2023/2024 October 1, 2023 - September 30, 2024

PARCEL	PRODUCT	TOTAL	TOTAL GROSS	TOTAL GROSS	TOTAL GROSS	
	TYPE	UNITS	O&M	DEBT	ASSESSMENTS	
A	Villa / Townhome	240	14,522.48	71,280.00	85,802.48	
A	40' SF	365	22,086.27	136,145.00	158,231.27	
A	40' SF - PO	2	121.02	0.00	121.02	
A	45' SF	269	16,277.28	104,910.00	121,187.28	
A	45' SF / Villa *	6	363.06	2,340.00	2,703.06	
A	45' SF - PO	1	60.51	0.00	60.51	
A	52' SF	564	34,127.83	232,932.00	267,059.83	
A	52' SF - PO	1	60.51	0.00	60.51	
A	62' SF	33	1,996.84	14,949.00	16,945.84	
Total		1,481	89,615.81	562,556.00	652,171.81	

ON ROLL GROSS	
PER UNIT TOTAL	
$	357.51	
$	433.51	
$	60.51	
$	450.51	
$	450.51	
$	60.51	
$	473.51	
$	60.51	
$	513.51	

 PARCEL A - MARINA BAY & BOTANICA LAKES	

MARINA BAY

PARCEL	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
	TYPE					
A	Villa / Townhome	240	14,522.48	71,280.00	85,802.48	
A	40' SF	0	0.00	0.00	0.00	
A	40' SF - PO	0	0.00	0.00	0.00	
A	45' SF	269	16,277.28	104,910.00	121,187.28	
A	45' SF / Villa *	6	363.06	2,340.00	2,703.06	
A	45' SF - PO	1	60.51	0.00	60.51	
A	52' SF	247	14,946.05	102,011.00	116,957.05	
A	52' SF - PO	0	0.00	0.00	0.00	
A	62' SF	33	1,996.84	14,949.00	16,945.84	
Total		796	48,166.23	295,490.00	343,656.23	

BOTANICA LAKES	

PARCEL	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
	TYPE					
A	Villa / Townhome	0	0.00	0.00	0.00	
A	40' SF	365	22,086.27	136,145.00	158,231.27	
A	40' SF - PO	2	121.02	0.00	121.02	
A	45' SF	0	0.00	0.00	0.00	
A	45' SF - PO	0	0.00	0.00	0.00	
A	52' SF	317	19,181.78	130,921.00	150,102.78	
A	52' SF - PO	1	60.51	0.00	60.51	
A	62' SF	0	0.00	0.00	0.00	
Total		685	41,449.58	267,066.00	308,515.58	

	PO = Paid Off. There are a few home owners that have paid their bonds offs.	
*	The District’s methodology allocates assessments based on the size of the lot, not the structure constructed on the lot	
	size. As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45’ lots and are	
	allocated assessments based on the lot.	

Assessment Recap - Parcels B & D/E Bridgetown & Somerset
Fiscal Year 2023/2024 October 1, 2023 - September 30, 2024

 PARCELS B & D/E - BRIDGETOWN & SOMERSET	

BRIDGETOWN

PARCEL	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
	TYPE				ASSESSMENT	
B	MF - (2)	66	6,362.87	84,216.00	90,578.87	
B	MF - (3)	36	3,470.66	36,180.00	39,650.66	
B	SF 42' - (1)	185	17,835.32	90,280.00	108,115.32	
B	SF 42' - (3)	39	3,759.88	39,195.00	42,954.88	
B	SF 42' - (5)	1	96.41	0.00	96.41	
B	SF 55' - (1)	230	22,173.64	150,420.00	172,593.64	
B	SF 55' - (2)	0	0.00	0.00	0.00	
B	SF 55' - (3)	71	6,844.91	71,284.00	78,128.91	
B	SF 55' - (5)	2	192.81	0.00	192.81	
B	SF 67' - (1)	130	12,532.93	103,480.00	116,012.93	
B	SF 67' - (2)	38	3,663.47	48,488.00	52,151.47	
B	SF 67' - (3)	90	8,676.64	90,360.00	99,036.64	
B	SF 67' - (4)	33	3,181.44	47,784.00	50,965.44	
B	SF 75' - (1)	0	0.00	0.00	0.00	
B	SF 75' - (2)	34	3,277.84	49,164.00	52,441.84	
B	SF 75' - (3)	3	289.22	3,522.00	3,811.22	
B	SF 75' - (4)	27	2,602.99	41,364.00	43,966.99	
Total		985	94,961	855,737	950,698	

 	
GROSS	
PER UNIT TOTAL	
$	1,372.41	
$	1,101.41	
$	584.41	
$	1,101.41	
$	96.41	
$	750.41	
$	-	
$	1,100.41	
$	96.41	
$	892.41	
$	1,372.41	
$	1,100.41	
$	1,544.41	
$	-	
$	1,542.41	
$	1,270.41	
$	1,628.41	

SOMERSET

PARCEL	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
	TYPE				ASSESSMENT	
D/E	MF - (1)	43	10,355.83	21,414.00	31,769.83	
D/E	MF - (2)	123	29,622.50	156,948.00	186,570.50	
D/E	MF - (3)	27	6,502.50	27,135.00	33,637.50	
D/E	MF - (4)	27	6,502.50	39,096.00	45,598.50	
D/E	SF 55' - (1)	78	18,785.00	51,012.00	69,797.00	
D/E	SF 55' - (2)	126	30,345.00	160,776.00	191,121.00	
D/E	SF 55' - (3)	46	11,078.33	46,184.00	57,262.33	
D/E	SF 67' - (1)	96	23,120.00	76,416.00	99,536.00	
D/E	SF 67' - (2)	101	24,324.17	128,876.00	153,200.17	
D/E	SF 67' - (3)	53	12,764.17	53,212.00	65,976.17	
D/E	SF 67' - (4)	30	7,225.00	43,440.00	50,665.00	
D/E	SF 67' - (5)	3	722.50	0.00	722.50	
D/E	SF 75' - (1)	57	13,727.50	50,673.00	64,400.50	
D/E	SF 75' - (2)	77	18,544.17	111,342.00	129,886.17	
D/E	SF 75' - (3)	27	6,502.50	31,698.00	38,200.50	
D/E	SF 75' - (4)	39	9,392.50	59,748.00	69,140.50	
D/E	SF 75' - (5)	1	240.83	0.00	240.83	
Total		954	229,755	1,057,970	1,287,725	

 	
GROSS	
PER UNIT TOTAL	
$	738.83	
$	1,516.83	
$	1,245.83	
$	1,688.83	
$	894.83	
$	1,516.83	
$	1,244.83	
$	1,036.83	
$	1,516.83	
$	1,244.83	
$	1,688.83	
$	240.83	
$	1,129.83	
$	1,686.83	
$	1,414.83	
$	1,772.83	
$	240.83	

(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

Assessment Recap - Lennar Parcel
Fiscal Year 2023/2024 October 1, 2023 - September 30, 2024

 LENNAR PARCEL	

PARCEL	PRODUCT	TOTAL	ON ROLL	DIRECT BILL	
	TYPE	UNITS	UNITS	UNITS	
C	6 - plex	120	120	0	
C	4 - plex	164	148	16	
C	46' SF	62	62	0	
C	52' SF	219	219	0	
C	67' SF	129	129	0	
Total		694	678	16	

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	120	8,987.91	86,807.52	
C	4 - plex	148	11,085.09	107,062.61	
C	46' SF	62	4,643.75	55,743.51	
C	52' SF	219	16,402.93	208,217.41	
C	67' SF	129	9,662.00	149,309.20	
Total		678	50,782	607,140	

ON ROLL GROSS	
PER UNIT TOTAL	
$	798.30	
$	798.30	
$	973.99	
$	1,025.66	
$	1,232.34	

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	0	0.00	0.00	
C	4 - plex	16	1,150.45	11,111.36	
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		16	1,150	11,111	

Arborwood Community Development District Assessment Recap - Other Parcels
Fiscal Year 2023/2024 October 1, 2023 - September 30, 2024

OTHER ON ROLL

189,294.95
26,055.19
14,417.01
3,127.98

$
$
$
$

ON ROLL GROSS TOTAL

 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	

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

D/E	
Golf Course	
116	
65,738.95	
123,556.00	
189,294.95	
G	Neighborhood Retail	21	4,205.19	21,850.00	26,055.19	
H-1	Retail/ Commercial	11	2,517.01	11,900.00	14,417.01	
H-2	RE Office	2	627.98	2,500.00	3,127.98	
Total		151	73,089	159,806	232,895	

ANNUAL ASSESSMENT METHODOLOGY - GENERAL FUND O&M FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

Total Shared O&M Expenditures	
$  323,725.00	
A	

Allocation of Expenditures and Assessment Per Unit

		Allocation Per Parcel based on Gross Acreage	Assessment Per Unit	
		
B	
C	
D = B-C	
E	
F = A*D	
G = E/96%	
H	
I = F/H	
J = I/96%	

Tract	
Parcel	
Gross Acreage	Preserve and Lake Acerage	
Net Acerage	
% of Total Acreage	Allocation of Expenditures	Total Expenditures Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per Unit (If On Roll)	
1	A	560.38	207.90	352.48	26.58%	$	86,031	$	89,616	1,481	$	58.09	$	60.51	
2	B	669.06	332.43	336.63	25.38%	$	82,163	$	85,586	985	$	83.41	$	86.89	
2	D/E	817.73	481.41	336.32	25.36%	$	82,087	$	85,507	954	$	86.05	$	89.63	
2	C	259.16	83.39	175.77	13.25%	$	42,901	$	44,688	694	$	61.82	$	64.39	
Total Residential Land Uses	2,306.33	1,105.13	1,201.20	90.57%	$	293,182	$	305,397	4,114		
2	Golf Course (part of Tract 2 Parcel D/E)	116.23	20.00	96.23	7.26%	$	23,487	24,465.87		
3	Neighborhood Retail-G	21.06	4.52	16.54	1.25%	$	4,037	4,205.19		
4	Retail/ Commercial H-1	11.19	1.29	9.90	0.75%	$	2,416	2,517.01		
5	RE Office-H-2	2.47	-	2.47	0.19%	$	603	627.98		
Total Non-Residential Land Uses	150.95	25.81	125.14	9.43%	$	30,543	$	31,816		
Grand Total (Gross)	2,457.28	1,130.94	1,326.34	100.00%	$	323,725	$	337,214		

Total -Somerset Only- O&M Expenditures	
$  178,100.00	

Tract	
Parcel	
Gross Acreage	Preserve and Lake Acerage	
Net Acerage	
% of Total Acreage	Allocation of Expenditures	Total Expenditures Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per Unit (If On Roll)	
2	D/E	817.73	481.41	336.32	77.75%	$	138,478	$	144,248	954	$	145.15	$	151.20	
2	Golf Course (part of Tract 2
Parcel D/E)	116.23	20.00	96.23	22.25%	$	39,622	$	41,273		
Totals	
933.96	
501.41	
432.55	
100.00%	
$	178,100	
$	185,521		

Total -Parcel C Only O&M Expenditures	
$	7,000.00	

Tract	
Parcel	
Gross Acreage	Preserve and Lake Acerage	
Net Acerage	
% of Total Acreage	Allocation of Expenditures	Total Expenditures Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per Unit (If On Roll)	
2	C	259.16	83.39	175.77	100.00%	$	7,000	$	7,292	694	$	10.09	$	10.51	

Total -Bridgetown Only O&M Expenditures	
$	9,000.00	

Tract	
Parcel	
Gross Acreage	Preserve and Lake Acerage	
Net Acerage	
% of Total Acreage	Allocation of Expenditures	Total Expenditures Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per Unit (If On Roll)	
2	B	669.06	332.43	336.63	100.00%	$	9,000	$	9,375	985	$	9.14	$	9.52	

ANNUAL ASSESSMENT METHODOLOGY - 2014 BOND DEBT SERVICE FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

Net 2014 A1 & A2 Principal & Interest
Payment Due:	
Net Total MADs	
% Difference	*	
$	593,966.00	$	598,173.89	99.297%		

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	120	$	723.40	$	86,807.52	$	-	
PARCEL C - 4 - Plex	164	148	$	723.40	$  107,062.61	$	11,111	
PARCEL C - 46' Single Family	62	62	$	899.09	$	55,743.51	$	-	
PARCEL C - 52' Single Family	219	219	$	950.76	$  208,217.41	$	-	
PARCEL C - 67' Single Family	129	129	$	1,157.44	$  149,309.20	$	-	
						
Grand Total	694	678		$  607,140.25	$	11,111.36	

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.

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	

ANNUAL ASSESSMENT METHODOLOGY - 2018 BOND DEBT SERVICE FISCAL YEAR 2023/2024

Parcel - Product Type	

Planned Units	

Platted Units
ON Roll	

Gross Annual
M.A.D	
Total Assessments
Platted	

OFF Roll Net	
						
PARCEL A - Villa / Townhome	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'	269	269	390	104,910	0	
PARCEL A - Single Family 45' / Villa *	6	6	390	2,340	0	
PARCEL A - Single Family 45' -PO	1	1	0	0	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		
562,556	
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)	185	185	488	90,280	0	
PARCELS B - Single Family 42' - (3)	39	39	1,005	39,195	0	
PARCELS B - Single Family 42' - (5)	1	1	0	0	0	
PARCELS B - Single Family 55' - (1)	230	230	654	150,420	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 55' - (5)	2	2	0	0	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		
855,737	
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		
2,476,263	
0	

Category Total MADs from Methodology	
	
71,280	
136,145	
0	
104,910	
2,340	
0	
232,932	
0	
14,949	

84,216	
36,180	
90,280	
39,195	
0	
150,420	
0	
71,284	
0	
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	

OCTOBER 1, 2023 - SEPTEMBER 30, 2024

Gross MADs when all platted	
$2,636,069	

GRAND TOTAL	2,636,069	0	2,636,069	

(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	

* The District’s methodology allocates assessments based on the size of the lot, not the structure constructed on the lot	
size.  As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45’ lots and are	
allocated assessments based on the lot.	

Arborwood Community Development District On Roll Assessment Comparsion
Fiscal Year 2023/2024 October 1, 2023 - September 30, 2024

Gross	
Fiscal Year 2022/2023	
On Roll Assessment Per Unit	

Gross	
Fiscal Year 2023/2024	
On Roll Assessment Per Unit	

Product	
Type	

Parcel

GL Homes		
A	Villa / Townhome	$347.13	$357.51	
A	40' SF	$423.13	$433.51	
A	40' SF - PO	$50.13	$60.51	
A	45' SF	$440.13	$450.51	
A	45' SF / Villa *	$440.13	$450.51	
A	45' SF - PO	$50.13	$60.51	
A	52' SF	$463.13	$473.51	
A	52' SF - PO	$50.13	$60.51	
A	62' SF	$503.13	$513.51	
*	The District’s methodology allocates assessments based on the size of the lot, not the structure constructed on the lot	
	size. As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45’ lots and are	
	allocated assessments based on the lot.	
Pulte		
B	MF - (2)	$1,366.89	$1,372.41	
B	MF - (3)	$1,095.89	$1,101.41	
B	SF 42' - (1)	$578.89	$584.41	
B	SF 42' - (3)	$1,095.89	$1,101.41	
B	SF 42' - (5)	$90.89	$96.41	
B	SF 55' - (1)	$744.89	$750.41	
B	SF 55' - (2)	$0.00	$0.00	
B	SF 55' - (3)	$1,094.89	$1,100.41	
B	SF 55' - (5)	$90.89	$96.41	
B	SF 67' - (1)	$886.89	$892.41	
B	SF 67' - (2)	$1,366.89	$1,372.41	
B	SF 67' - (3)	$1,094.89	$1,100.41	
B	SF 67' - (4)	$1,538.89	$1,544.41	
B	SF 75' - (1)	$0.00	$0.00	
B	SF 75' - (2)	$1,536.89	$1,542.41	
B	SF 75' - (3)	$1,264.89	$1,270.41	
B	SF 75' - (4)	$1,622.89	$1,628.41	
D/E	MF - (1)	$763.75	$738.83	
D/E	MF - (2)	$1,541.75	$1,516.83	
D/E	MF - (3)	$1,270.75	$1,245.83	
D/E	MF - (4)	$1,713.75	$1,688.83	
D/E	SF 55' - (1)	$919.75	$894.83	
D/E	SF 55' - (2)	$1,541.75	$1,516.83	
D/E	SF 55' - (3)	$1,269.75	$1,244.83	
D/E	SF 67' - (1)	$1,061.75	$1,036.83	
D/E	SF 67' - (2)	$1,541.75	$1,516.83	
D/E	SF 67' - (3)	$1,269.75	$1,244.83	
D/E	SF 67' - (4)	$1,713.75	$1,688.83	
D/E	SF 67' - (5)	$265.75	$240.83	
D/E	SF 75' - (1)	$1,154.75	$1,129.83	
D/E	SF 75' - (2)	$1,711.75	$1,686.83	
D/E	SF 75' - (3)	$1,439.75	$1,414.83	
D/E	SF 75' - (4)	$1,797.75	$1,772.83	
D/E	SF 75' - (5)	$265.75	$240.83	
	(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	
Lennar		
C	6 - Plex	$785.02	$798.30	
C	4 - Plex	$785.02	$798.30	
C	46' SF	$959.69	$973.99	
C	52' SF	$1,011.07	$1,025.66	
C	67' SF	$1,216.54	$1,232.34	

Others		
D/E	Golf Course	$160,648.85	$189,294.95	
G	Neighborhood Retail	$24,641.88	$26,055.19	
H-1	Retail/ Commercial	$13,383.43	$14,417.01	
H-2	RE Office	$2,827.44	$3,127.98