Storey Park Community Development District

Proposed Budget
FY 2023

Table of Contents

1-2

3-5

6-12

13

14-15

16

17-18

19

20-21

22

23-24

	General Fund

	Assessment Area 1-5 Allocation Chart

	General Fund Narrative

	Debt Service Fund Series 2015

	Amortization Schedule Series 2015

	Debt Service Fund Series 2018

	Amortization Schedule Series 2018

	Debt Service Fund Series 2019

	Amortization Schedule Series 2019

	Debt Service Fund Series 2021

	Amortization Schedule Series 2021

	Adopted
Budget	Actual
Thru	Projected
Next 6	Total
Thru	Proposed
Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Special Assessments	$1,103,897	$979,537	$124,360	$1,103,897	$1,195,240	
Developer Contribution - Deficit	$0	$0	$0	$0	$0	
Interest	$0	$24	$16	$40	$0	
Total Revenues	$1,103,897	$979,561	$124,376	$1,103,937	$1,195,240	

Expenditures						
Administrative						
Supervisor Fees	$12,000	$1,600	$3,600	$5,200	$12,000	
FICA Expense	$918	$122	$275	$398	$918	
Engineering	$12,000	$2,714	$25,000	$27,714	$12,000	
Attorney	$25,000	$12,333	$17,667	$30,000	$25,000	
Arbitrage	$1,200	$0	$0	$0	$1,800	
Dissemination Agent	$14,000	$7,000	$7,000	$14,000	$17,500	
Annual Audit	$7,300	$8,300	$0	$8,300	$8,400	
Trustee Fees	$14,000	$0	$14,000	$14,000	$17,500	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Management Fees	$37,132	$18,566	$18,566	$37,132	$38,989	
Information Technology	$1,050	$525	$525	$1,050	$1,300	
Website Maintenance	$600	$300	$300	$600	$800	
Telephone	$300	$0	$50	$50	$300	
Postage	$750	$449	$451	$900	$1,000	
Insurance	$6,400	$6,013	$0	$6,013	$7,250	
Printing & Binding	$750	$294	$456	$750	$750	
Legal Advertising	$2,500	$653	$4,347	$5,000	$2,500	
Other Current Charges	$250	$255	$255	$510	$600	
Property Appraiser	$1,500	$0	$1,500	$1,500	$1,500	
Office Supplies	$200	$18	$82	$100	$200	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenses	$143,025	$64,317	$94,074	$158,391	$155,482	

	Adopted
Budget	Actual
Thru	Projected
Next 6	Total
Thru	Proposed
Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Operation & Maintenance
Contract Services
Field Management	

$15,922	

$7,961	

$7,961	

$15,922	

$16,718	
Landscape Maintenance - Contract	$430,008	$183,908	$184,083	$367,992	$465,668	
Lake Maintenance	$32,520	$5,270	$6,160	$11,430	$41,305	
Mitigation Monitoring & Maintenance	$13,750	$0	$13,750	$13,750	$13,750	
Repairs & Maintenance
Repairs - General	

$5,000	

$0	

$2,500	

$2,500	

$5,000	
Operating Supplies	$5,000	$0	$2,500	$2,500	$5,000	
Landscape Contingency	$10,000	$0	$5,000	$5,000	$10,000	
Irrigation Repairs	$20,000	$4,974	$10,026	$15,000	$20,000	
Roadways & Sidewalks	$15,000	$665	$6,835	$7,500	$15,000	
Trail & Boardwalk Maintenance	$5,000	$0	$2,500	$2,500	$5,000	
Dog Park Maintenance	$2,500	$1,735	$765	$2,500	$3,500	
Signage	$5,000	$0	$2,500	$2,500	$5,000	
Pressure Washing	$5,000	$2,175	$2,825	$5,000	$5,000	
Enhanced Traffic Enforcement	$39,500	$8,654	$17,308	$25,962	$39,500	
Utility
Electric	

$3,000	

$562	

$570	

$1,132	

$3,000	
Water & Sewer	$30,000	$9,401	$11,280	$20,681	$30,000	
Streetlights	$241,740	$91,050	$93,802	$184,852	$282,340	
Other
Property Insurance	

$6,000	

$9,961	

$0	

$9,961	

$12,000	
Contingency	$1,977	$685	$500	$1,185	$1,977	
Capital Outlay	$73,956	$0	$23,200	$23,200	$60,000	
Operation & Maintenance Expenses	$960,873	$327,002	$394,065	$721,067	$1,039,758	
						
Total Expenditures	$1,103,897	$391,319	$488,139	$879,458	$1,195,240	
						
Excess Revenues/(Expenditures)	($0)	$588,243	($363,764)	$224,479	$0	

Net Assessments	$1,195,240 Add: Discounts & Collection		$76,292
Gross Assessments 	$1,271,532 

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT
PROJECTED ANNUAL DEBT SERVICE AND O&M ASSESSMENTS FOR EACH PRODUCT TYPE ASSESSMENT AREA 1

Gross Annual		Gross Annual Net Annual Debt	Debt	Net Annual O&M		O&M

Product Type

No. of Units

ERUs per Unit

Assessment Per Assessment Per Assessment Per Assessment Per

Total ERUs

Unit

Unit

Unit

Unit

Townhome - 20'	18	0.40	7	$476	$506	$346	$369	
Townhome - 25'	117	0.50	59	$595	$633	$433	$461	
Single Family 32'	170	0.64	109	$761	$810	$554	$590	
Single Family 40'	159	0.80	127	$952	$1,013	$693	$737	
Single Family 50'	161	1.00	161	$1,190	$1,266	$866	$921	
Single Family 60'		46		1.20		55		$1,428	$1,519	$1,039	$1,106	
		671				518						

Product Type	
No. of Units ERUs per Unit Total ERUs	% of
ERU	Gross O&M
Assessments	Net Debt
Assessments	Gross Debt
Assessments	

Townhome - 20'	
18	
0.40	
7.20	
0.52%	
$6,634	
$8,568	
$9,115	
Townhome - 25'	117	0.50	58.50	4.24%	$53,900	$69,615	$74,059	
Single Family 32'	170	0.64	108.80	7.88%	$100,244	$129,370	$137,628	
Single Family 40'	159	0.80	127.20	9.22%	$117,197	$151,368	$161,030	
Single Family 50'	161	1.00	161.00	11.67%	$148,339	$191,590	$203,819	
Single Family 60'	46	1.20	55.20	4.00%	$50,859	$65,688	$69,881	
	671.00		517.90	38%	$	477,172	$	616,199	$655,531	

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT
PROJECTED ANNUAL DEBT SERVICE AND O&M ASSESSMENTS FOR EACH PRODUCT TYPE ASSESSMENT AREA 2

Gross Annual		Gross Annual Net Annual Debt	Debt	Net Annual O&M		O&M

Product Type

No. of Units

ERUs per Unit

Assessment Per Assessment Per Assessment Per Assessment Per

Total ERUs

Unit

Unit

Unit

Unit

Apartments	0	0	0	$0	$0	$0	$0	
Townhome - 20'	0	0.00	0	$0	$0	$0	$0	
Townhome - 25'	57	0.50	29	$595	$633	$433	$461	
Single Family 32'	60	0.64	38	$762	$810	$554	$590	
Single Family 40'	35	0.80	28	$952	$1,013	$693	$737	
Single Family 50'	95	1.00	95	$1,190	$1,266	$866	$921	
Single Family 60'	16	1.20	19	$1,428	$1,519	$1,039	$1,106	
Single Family 70'		0		0.00		0		$0	$0	$0	$0	
Total		263				209						

Product Type	
No. of Units ERUs per Unit Total ERUs	% of
ERU	Gross O&M
Assessments	Net Debt
Assessments	Gross Debt
Assessments	

Apartments	
0	
0.00	
0.00	
0.00%	
$0	
$0	
$0.00	
Townhome - 20'	0	0.00	0.00	0.00%	$0	$0	$0.00	
Townhome - 25'	57	0.50	28.50	2.07%	$26,259	$33,911	$36,076	
Single Family 32'	60	0.64	38.40	2.78%	$35,380	$45,691	$48,607	
Single Family 40'	35	0.80	28.00	2.03%	$25,798	$33,316	$35,443	
Single Family 50'	95	1.00	95.00	6.88%	$87,529	$113,037	$120,252	
Single Family 60'	16	1.20	19.20	1.39%	$17,690	$22,845	$24,303	
	263.00		209.10	15%	$	192,656	$	248,800	$264,681	

ASSESSMENT AREA 3

Gross Annual		Gross Annual Net Annual Debt	Debt	Net Annual O&M		O&M

Product Type

No. of Units

ERUs per Unit

Assessment Per Assessment Per Assessment Per Assessment Per

Total ERUs

Unit

Unit

Unit

Unit

Apartments	0	0	0	$0	$0	$0	$0	
Townhome - 20'	0	0.00	0	$0	$0	$0	$0	
Townhome - 25'	0	0.50	0	$0	$0	$0	$0	
Single Family 32'	0	0.64	0	$0	$0	$0	$0	
Single Family 40'	72	0.80	57.60	$952	$1,013	$693	$737	
Single Family 50'	82	1.00	82.00	$1,190	$1,266	$866	$921	
Single Family 60'	51	1.20	61.20	$1,428	$1,519	$1,039	$1,106	
Single Family 70'		0		0.00	  0.00		$0	$0	$0	$0	
Total		205			  200.80 					

Product Type	
No. of Units ERUs per Unit Total ERUs	% of
ERU	Gross O&M
Assessments	Net Debt
Assessments	Gross Debt
Assessments	

Apartments	
0	
0.00	
0.00	
0.00%	
$0	
$0	
$0.00	
Townhome - 20'	0	0.00	0.00	0.00%	$0	$0	$0.00	
Townhome - 25'	0	0.50	0.00	0.00%	$0	$0	$0.00	
Single Family 32'	0	0.64	0.00	0.00%	$0	$0	$0.00	
Single Family 40'	72	0.80	57.60	4.17%	$53,070	$68,536	$72,910	
Single Family 50'	82	1.00	82.00	5.94%	$75,551	$97,569	$103,797	
Single Family 60'	51	1.20	61.20	4.43%	$56,387	$72,818	$77,466	
	205.00		200.80	15%	$	185,009	$	238,923	$	254,173	

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT
PROJECTED ANNUAL DEBT SERVICE AND O&M ASSESSMENTS FOR EACH PRODUCT TYPE
ASSESSMENT AREA 4 (Parcel K - Phases 1 & 2 )

Gross Annual		Gross Annual Net Annual Debt	Debt	Net Annual O&M		O&M

Product Type

No. of Units

ERUs per Unit

Assessment Per Assessment Per Assessment Per Assessment Per

Total ERUs

Unit

Unit

Unit

Unit

Apartments	0	0	0	$0	$0	$0	$0	
Townhome - 20'	0	0.00	0	$0	$0	$0	$0	
Townhome - 25'	86	0.50	43	$595	$633	$433	$461	
Single Family 32'	76	0.64	49	$762	$810	$554	$590	
Single Family 40'	77	0.80	61.60	$952	$1,013	$693	$737	
Single Family 50'	69	1.00	69.00	$1,190	$1,266	$866	$921	
Single Family 60'	49	1.20	58.80	$1,428	$1,519	$1,039	$1,106	
Single Family 70'		0		0.00	  0.00		$0	$0	$0	$0	
Total		357			  281.04 					

Product Type	
No. of Units ERUs per Unit Total ERUs	% of
ERU	Gross O&M
Assessments	Net Debt
Assessments	Gross Debt
Assessments	

Apartments	
0	
0.00	
0.00	
0.00%	
$0	
$0	
$0.00	
Townhome - 20'	0	0.00	0.00	0.00%	$0	$0	$0.00	
Townhome - 25'	86	0.50	43.00	3.12%	$39,618	$51,164	$54,430	
Single Family 32'	76	0.64	48.64	3.52%	$44,815	$57,875	$61,569	
Single Family 40'	77	0.80	61.60	4.46%	$56,756	$73,295	$77,974	
Single Family 50'	69	1.00	69.00	5.00%	$63,574	$82,101	$87,341	
Single Family 60'	49	1.20	58.80	4.26%	$54,176	$69,963	$74,429	
	357.00		281.04	20%	$	258,939	$	334,398	$	355,742	

ASSESSMENT AREA 5 (Parcel K - Phase 3)

Gross Annual		Gross Annual Net Annual Debt	Debt	Net Annual O&M		O&M

Product Type

No. of Units

ERUs per Unit

Assessment Per Assessment Per Assessment Per Assessment Per

Total ERUs

Unit

Unit

Unit

Unit

Apartments	0	0	0	$0	$0	$0	$0	
Townhome - 20'	0	0.00	0	$0	$0	$0	$0	
Townhome - 25'	65	0.50	33	$0	$0	$433	$461	
Single Family 32'	58	0.64	37	$0	$0	$554	$590	
Single Family 40'	43	0.80	34.40	$0	$0	$693	$737	
Single Family 50'	54	1.00	54.00	$0	$0	$866	$921	
Single Family 60'	11	1.20	13.20	$0	$0	$1,039	$1,106	
Single Family 70'		0		0.00	  0.00		$0	$0	$0	$0	
Total		231			  171.22 					

Product Type	
No. of Units ERUs per Unit Total ERUs	% of
ERU	Gross O&M
Assessments	Net Debt
Assessments	Gross Debt
Assessments	

Apartments	
0	
0.00	
0.00	
0.00%	
$0		
$0	
$0.00	
Townhome - 20'	0	0.00	0.00	0.00%	$0		$0	$0.00	
Townhome - 25'	65	0.50	32.50	2.35%	$29,944		$0	$0.00	
Single Family 32'	58	0.64	37.12	2.69%	$34,201		$0	$0.00	
Single Family 40'	43	0.80	34.40	2.49%	$31,695		$0	$0.00	
Single Family 50'	54	1.00	54.00	3.91%	$49,753		$0	$0.00	
Single Family 60'	11	1.20	13.20	0.96%	$12,162		$0	$0.00	
	231.00		171.22	12%	$	157,755	$	-	$	-	

1727.00

1380.06

100%

$

1,271,532

STOREY PARK COMMUNITY DEVELOPMENT DISTRICT
PROJECTED ANNUAL DEBT SERVICE AND O&M ASSESSMENTS FOR EACH PRODUCT TYPE SUMMARY OF PROPOSED INCREASE

Gross Annual	Gross Annual	

Product Type	

Units	O&M
Assessment Per Unit	FY 2022	O&M
Assessment Per Unit	FY 2023	Adopted Increase Per
Unit	

% Increase	

Townhome - 20'	
18	
$340	
$369	
$28	
8%	
Townhome - 25'	325	$425	$461	$35	8%	
Single Family 32'	364	$545	$590	$45	8%	
Single Family 40'	386	$681	$737	$56	8%	
Single Family 50'	461	$851	$921	$70	8%	
Single Family 60'	173	$1,021	$1,106	$84	8%	

	Gross O&M
Assessments	Gross O&M
Assessments	
Adopted		
Product Type	Units	FY 2022	FY 2023	Increase	% Increase	

Townhome - 20'	
18		
$6,127		
$6,634		
$507	
8%	
Townhome - 25'	325		$138,278		$149,721		$11,443	8%	
Single Family 32'	364		$198,238		$214,640		$16,402	8%	
Single Family 40'	386		$262,773		$284,516		$21,742	8%	
Single Family 50'	461		$392,288		$424,747		$32,459	8%	
Single Family 60'	173		$176,657		$191,274		$14,617	8%	
	1,727	$	1,174,361	$	1,271,532	$	97,170		

REVENUES:

Special Assessments

The District will levy a non-ad valorem assessment on all the assessable property (AA1, AA2, AA3 & AA4) within the District in order to pay for the operating expenditures during the fiscal year. These assessments are billed on tax bills and those outside AA1-AA4 will be directly billed to the property owners.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's Engineer, Poulos & Bennet, will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's Attorney, Latham, Luna, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly Board meetings, preparation and review of agreements and resolutions, and other research as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2015 Special Assessment Revenue Bonds & Series 2021 Special Assessment Revenue Bonds. The District has contracted with Grau & Associates for this service. The District expects to issue a new bond issuance before the end of FY2022.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15C2- 12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on Series 2015, 2018, 2019 & 2021 Special Assessment Bonds. The District expects to issue a new bond issuance before the end of FY2022.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records by and Independent Certified Public Accounting Firm. The District’s current auditing firm is Grau & Associates.

Trustee Fees

The District will pay annual trustee fees for the Series 2015 Special Assessment Bonds, the Series 2018 Special Assessment Bonds, the Series 2019 Special Assessments Bonds and the upcoming Series 2021 Special Assessments Bonds held at Regions Bank. The District expects to issue a new bond issuance before the end of FY2022.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to administer the collection of a Non-Ad Valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

Mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability, public officials liability and property insurance coverages. The coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, correspondence, stationary, envelopes, photocopies and other printed material.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Property Appraiser

Represents any fee the District may be charged by Orange County Property Appraiser’s office for assessment administration services.

Office Supplies

Miscellaneous office supplies.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operation & Maintenance:

Contract Services

Field Management

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors and monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. Amount budgeted represents current areas being maintained and a contingency for areas due to come online during fiscal year.

Description	Monthly	Annual	
Landscape Maintenance:			
OmegaScapes			
Common Area	$24,990	$	299,880	
Phase L1	$600	$	7,206	
Phase L2	$900	$	10,803	
Future Phase I4	$583	$	6,996	
Phase I5	$874	$	10,488	
Parcel K	$5,540	$	66,480	
2 Additional Ponds - Dowden Road	$530	$	6,360	
Yellowstone Landscape			
Dowden Road East	$2,940	$	35,280	
Contingency			$	22,175 	
Total		$	465,667	

Lake Maintenance

Represents cost for maintaining 4 retention ponds and 5 additional ponds within the District boundaries as well as contingency for additional ponds due to come on line during fiscal year. The District has contracted with Applied Aquatic Management Inc. for these services.

Description	Monthly	Annual	
Lake Maintenance:			
4 Retention Ponds	$285	$3,420	
L-2, L-4 & L-5 Ponds	$300	$3,600	
L6-1 & L6-2 Ponds	$295	$3,540	
L-7, M1 Prcl M Tracts A & F, Ponds 1-2 & 1-3	$600	$7,200	
K-1, K-2 & K-4	$1,230	$14,760	
2 Additional Ponds - Dowden Road	$630	$7,560	
Contingency			$1,225 	
Total		$41,305	

Mitigation Monitoring & Maintenance

Represents estimated costs for environmental monitoring, reporting and maintenance of mitigation areas within the District boundaries.

Repairs & Maintenance

Repairs – General

Represents any miscellaneous repairs throughout the fiscal year to the common areas maintained by the District that are not covered under any other expense line item.

Operating Supplies

Represents estimated costs of supplies purchased for operating and maintaining the District.

Landscape Contingency

Represents estimated costs for any additional services not included in the landscape contract.

Irrigation Repairs

Represents estimated costs for repairs to the irrigation system.

Roadways & Sidewalks

Represented estimated costs for any maintenance of roadways and sidewalks.

Trail & Boardwalk Maintenance

Represents estimated costs for any maintenance to the trail and boardwalk.

Dog Park Maintenance

Represents estimated costs for any maintenance to the dog park.

Signage

Represents estimated cost to maintain all signs.

Pressure Washing

Represents estimated cost to pressure wash areas within the District boundaries.

Enhanced Traffic Enforcement

Represents proposed costs from Orlando Police Department to provide traffic enforcement 3 days a week by an officer for 4 hours each day.

Utilities

Electric

Represents cost of electric for items such as irrigation controllers, monument lighting, etc. and reclaimed water for irrigation of common areas. District currently has three accounts with Duke Energy.

Description	Monthly	Annual	
11647 Epic Avenue	$15	$180	
11868 Dowden Road	$35	$420	
13903 Storey Park Blvd Sign	$45	$540	
Contingency (Approx. 8 Future Meters)			$1,860 	
Total		$3,000	

Water & Sewer

Represents cost of reclaimed water within the common areas of the District. District currently has one master account with Orange County Utilities that covers four service locations.

Description	Monthly	Annual	
Orange County Utilities Acct#4516746301	$2,200	$26,400	
11002 History Avenue			
11354 Dowden Road			
11548 Thriller Lane			
11801 Imaginary Way			
11810 Sonnet Avenue			
11836 Prologue Avenue			
11883 Prologue Avenue			
11943 Hometown Place			
12069 Satire Street			
12094 Ballad Place			
12181 Philosophy Way			
12281 Satire Street			
12330 Folklore Lane			
Future Areas			$3,600 	
Total		$30,000	

Streetlights

Represents cost of electric for streetlights currently billed to the District and small contingency. District currently has thirteen accounts with Duke Energy.

Description	Monthly	Annual	
000 Dowden Rd. Lite, SL (42)	$1,525	$18,300	
000 Dowden Rd. Ph 2 SL	$225	$2,700	
000 Dowden Rod Ph3 & 4 SL	$825	$9,900	
000 Innovation Way S Ph 1 SL	$600	$7,200	
000 Storey Time Dr. Lite SL L PH1&2 (77)	$3,100	$37,200	
000 Wewahootee Rd. Connector Rd SL	$825	$9,900	
000 Wewahootee Rd. Lite PH4 SL (33)	$1,325	$15,900	
000 Wewahootee Rd. Lite PH3 SL (50)	$2,005	$24,060	
000 Wewahootee Rd. Lite PH1B SL (33)	$1,325	$15,900	
00 State Road 528 Lite	$1,525	$18,300	
0000 State Road 528 Lite	$1,040	$12,480	
0000 State Road 528 Lite SP L PH3	$1,325	$15,900	
0 Dowden Rd. Lite Parcel K Ph1 SL	$525	$6,300	
Parcel K PH I, PH II & PH III		$78,300	
Contingency			$10,000 	
Total		$282,340	

Other

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Contingency

Represents estimated costs for any maintenance expenses not properly classified in any of the other accounts.

Capital Outlay

Represents estimated costs for any capital project expenses.

FY23 Proposed Expenses	Annual	
Parcel K Signage	$25,000	
Concrete & Curb Replacement		$35,000 	
Total	$60,000	

Storey Park
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2015		
	Adopted
Budget FY2022	Actual
Thru 3/31/22	Projected
Next 6 Months	Total
Thru 9/30/22	Proposed
Budget FY2023	

Revenues						
Assessments - Tax Roll	$616,298	$525,824	$90,474	$616,298	$616,298	
Interest	$50	$33	$22	$55	$50	
Carry Forward Surplus	$616,346	$449,694	$0	$449,694	$457,632	
Total Revenues	$1,232,694	$975,552	$90,496	$1,066,048	$1,073,980	

Expenses						
Special Call - 11/1	$0	$10,000	$0	$10,000	$0	
Interest - 11/1	$211,359	$211,359	$0	$211,359	$207,056	
Principal - 11/1	$180,000	$180,000	$0	$180,000	$190,000	
Interest - 5/1	$207,309	$0	$207,056	$207,056	$202,781	
Total Expenditures	$598,668	$401,359	$207,056	$608,416	$599,838	
						
Excess Revenues/(Expenditures)	$634,026	$574,192	($116,560)	$457,632	$474,142	
				
Principal - 11/1/23	
$200,000	
				Interest - 11/1/23		$202,781 	
				Total		$402,781 	

Product Type	
Platted Units	Gross Per
Unit	Gross
Total	Net
Total	
Apartments	0	$0	$0	$0	
Townhome - 20'	18	$506	$9,108	$8,562	
Townhome - 25'	117	$633	$74,061	$69,617	
Single Family - 32'	170	$810	$137,700	$129,438	
Single Family - 40'	159	$1,013	$161,067	$151,403	
Single Family - 50'	161	$1,266	$203,826	$191,596	
Single Family - 60'	46	$1,519	$69,874	$65,682	
	671		$655,636	$616,298	
Commercial	82	$0	$0		

Storey Park Community Development District Series 2015, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

5/1/22	$ 8,270,000	$	-	$	207,056.25	$	-	
11/1/22	$ 8,270,000	$  190,000	$  207,056.25	$	604,112.50	
5/1/23	$ 8,080,000	$	-	$  202,781.25	$	-	
11/1/23	$ 8,080,000	$  200,000	$  202,781.25	$	605,562.50	
5/1/24	$ 7,880,000	$	-	$  198,281.25	$	-	
11/1/24	$ 7,880,000	$  205,000	$  198,281.25	$	601,562.50	
5/1/25	$ 7,675,000	$	-	$  193,668.75	$	-	
11/1/25	$ 7,675,000	$  215,000	$  193,668.75	$	602,337.50	
5/1/26	$ 7,235,000	$	-	$  188,831.25	$	-	
11/1/26	$ 7,235,000	$  225,000	$  188,831.25	$	602,662.50	
5/1/27	$ 7,235,000	$	-	$  183,768.75	$	-	
11/1/27	$ 7,235,000	$  235,000	$  183,768.75	$	602,537.50	
5/1/28	$ 7,000,000	$	-	$  177,893.75	$	-	
11/1/28	$ 7,000,000	$  250,000	$  177,893.75	$	605,787.50	
5/1/29	$ 6,750,000	$	-	$  171,643.75	$	-	
11/1/29	$ 6,750,000	$  260,000	$  171,643.75	$	603,287.50	
5/1/30	$ 6,490,000	$	-	$  165,143.75	$	-	
11/1/30	$ 6,490,000	$  275,000	$  165,143.75	$	605,287.50	
5/1/31	$ 6,215,000	$	-	$  158,268.75	$	-	
11/1/31	$ 6,215,000	$  285,000	$  158,268.75	$	601,537.50	
5/1/32	$ 5,930,000	$	-	$  151,143.75	$	-	
11/1/32	$ 5,930,000	$  300,000	$  151,143.75	$	602,287.50	
5/1/33	$ 5,630,000	$	-	$  143,643.75	$	-	
11/1/33	$ 5,630,000	$  315,000	$  143,643.75	$	602,287.50	
5/1/34	$ 5,315,000	$	-	$  135,768.75	$	-	
11/1/34	$ 5,315,000	$  335,000	$  135,768.75	$	606,537.50	
5/1/35	$ 4,980,000	$	-	$  127,393.75	$	-	
11/1/35	$ 4,980,000	$  350,000	$  127,393.75	$	604,787.50	
5/1/36	$ 4,630,000	$	-	$  118,643.75	$	-	
11/1/36	$ 4,630,000	$  365,000	$  118,643.75	$	602,287.50	

Storey Park Community Development District Series 2015, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

5/1/37

$ 4,265,000

$	-	$

109,290.63  $	-

11/1/37	$ 4,265,000	$  385,000	$  109,290.63	$	603,581.25	
5/1/38	$ 3,880,000	$	-	$	99,425.00	$	-	
11/1/38	$ 3,880,000	$  405,000	$	99,425.00	$	603,850.00	
5/1/39	$ 3,475,000	$	-	$	89,046.88	$	-	
11/1/39	$ 3,475,000	$  425,000	$	89,046.88	$	603,093.75	
5/1/40	$ 3,050,000	$	-	$	78,156.25	$	-	
11/1/40	$ 3,050,000	$  445,000	$	78,156.25	$	601,312.50	
5/1/41	$ 2,605,000	$	-	$	66,753.13	$	-	
11/1/41	$ 2,605,000	$  470,000	$	66,753.13	$	603,506.25	
5/1/42	$ 2,135,000	$	-	$	54,709.38	$	-	
11/1/42	$ 2,135,000	$  495,000	$	54,709.38	$	604,418.75	
5/1/43	$ 1,640,000	$	-	$	42,025.00	$	-	
11/1/43	$ 1,640,000	$  520,000	$	42,025.00	$	604,050.00	
5/1/44	$ 1,120,000	$	-	$	28,700.00	$	-	
11/1/44	$ 1,120,000	$  545,000	$	28,700.00	$	602,400.00	
5/1/45	$  575,000	$	-	$	14,734.38	$	-	
11/1/45	$  575,000	$  575,000	$	14,734.38	$	604,468.75	
Totals		$ 8,270,000	$ 6,213,543.75	$ 14,483,543.75	

Storey Park
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2018		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next 6	Thru	Budget	
	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Assessments - Tax Roll	$248,827	$211,734	$37,093	$248,827	$248,827	
Interest	$0	$11	$9	$20	$0	
Carry Forward Surplus	$102,841	$108,300	$0	$108,300	$109,440	
Total Revenues	$351,668	$320,044	$37,102	$357,146	$358,267	

Expenses						
Interest - 12/15	$88,853	$88,853	$0	$88,853	$87,541	
Principal - 6/15	$70,000	$0	$70,000	$70,000	$70,000	
Interest - 6/15	$88,853	$0	$88,853	$88,853	$87,541	
Total Expenditures	$247,706	$88,853	$158,853	$247,706	$245,081	
						
Excess Revenues/(Expenditures)	$103,962	$231,191	($121,751)	$109,440	$113,186	
				
Interest - 12/15/23	
	$86,228 	
				Total		$86,228 	
			Gross Per	Gross	Net	
	Product Type	Platted Units	Unit	Total	Total	
	Townhome - 25'	57	$633	$36,081	$33,916	
	Single Family - 32'	60	$810	$48,600	$45,684	
	Single Family - 40'	35	$1,013	$35,455	$33,328	
	Single Family - 50'	95	$1,266	$120,270	$113,054	
	Single Family - 60'	16	$1,519	$24,304	$22,846	
		263		$264,710	$248,827	

Storey Park Community Development District Series 2018, Special Assessment Bonds (Term Bonds Combined)

	Amortization Schedule		
Date	Balance	Principal	Interest	Annual	

6/15/22	
$ 3,670,000	
$	70,000	
$	88,853.13	
$	-	
12/15/22	$ 3,600,000	$	-	$	87,540.63	$	246,393.75	
6/15/23	$ 3,600,000	$	70,000	$	87,540.63	$	-	
12/15/23	$ 3,530,000	$	-	$	86,228.13	$	243,768.75	
6/15/24	$ 3,530,000	$	75,000	$	86,228.13	$	-	
12/15/24	$ 3,455,000	$	-	$	84,587.50	$	245,815.63	
6/15/25	$ 3,455,000	$	80,000	$	84,587.50	$	-	
12/15/25	$ 3,375,000	$	-	$	82,837.50	$	247,425.00	
6/15/26	$ 3,375,000	$	80,000	$	82,837.50	$	-	
12/15/26	$ 3,295,000	$	-	$	81,087.50	$	243,925.00	
6/15/27	$ 3,295,000	$	85,000	$	81,087.50	$	-	
12/15/27	$ 3,210,000	$	-	$	79,228.13	$	245,315.63	
6/15/28	$ 3,210,000	$	90,000	$	79,228.13	$	-	
12/15/28	$ 3,120,000	$	-	$	77,259.38	$	246,487.50	
6/15/29	$ 3,120,000	$	95,000	$	77,259.38	$	-	
12/15/29	$ 3,025,000	$	-	$	74,943.75	$	247,203.13	
6/15/30	$ 3,025,000	$  100,000	$	74,943.75	$	-	
12/15/30	$ 2,925,000	$	-	$	72,506.25	$	247,450.00	
6/15/31	$ 2,925,000	$  105,000	$	72,506.25	$	-	
12/15/31	$ 2,820,000	$	-	$	69,946.88	$	247,453.13	
6/15/32	$ 2,820,000	$  110,000	$	69,946.88	$	-	
12/15/32	$ 2,710,000	$	-	$	67,265.63	$	247,212.50	
6/15/33	$ 2,710,000	$  115,000	$	67,265.63	$	-	
12/15/33	$ 2,595,000	$	-	$	64,462.50	$	246,728.13	
6/15/34	$ 2,595,000	$  120,000	$	64,462.50	$	-	
12/15/34	$ 2,475,000	$	-	$	61,537.50	$	246,000.00	
6/15/35	$ 2,475,000	$  125,000	$	61,537.50	$	-	
12/15/35	$ 2,350,000	$	-	$	58,490.63	$	245,028.13	
6/15/36	$ 2,350,000	$  130,000	$	58,490.63	$	-	
12/15/36	$ 2,220,000	$	-	$	55,321.88	$	243,812.50	
6/15/37	$ 2,220,000	$  140,000	$	55,321.88	$	-	
12/15/37	$ 2,080,000	$	-	$	51,909.38	$	247,231.25	
6/15/38	$ 2,080,000	$  145,000	$	51,909.38	$	-	
12/15/38	$ 1,935,000	$	-	$	48,375.00	$	245,284.38	
6/15/39	$ 1,935,000	$  155,000	$	48,375.00	$	-	

Storey Park Community Development District Series 2018, Special Assessment Bonds (Term Bonds Combined)

		Amortization Schedule			
Date	Balance	Principal	Interest	Annual	

12/15/39	
$ 1,780,000	
$	-	
$	44,500.00	
$	247,875.00	
6/15/40	$ 1,780,000	$  160,000	$	44,500.00	$	-	
12/15/40	$ 1,620,000	$	-	$	40,500.00	$	245,000.00	
6/15/41	$ 1,620,000	$  170,000	$	40,500.00	$	-	
12/15/41	$ 1,450,000	$	-	$	36,250.00	$	246,750.00	
6/15/42	$ 1,450,000	$  180,000	$	36,250.00	$	-	
12/15/42	$ 1,270,000	$	-	$	31,750.00	$	248,000.00	
6/15/43	$ 1,270,000	$  185,000	$	31,750.00	$	-	
12/15/43	$ 1,085,000	$	-	$	27,125.00	$	243,875.00	
6/15/44	$ 1,085,000	$  195,000	$	27,125.00	$	-	
12/15/44	$  890,000	$	-	$	22,250.00	$	244,375.00	
6/15/45	$  890,000	$  205,000	$	22,250.00	$	-	
12/15/45	$  685,000	$	-	$	17,125.00	$	244,375.00	
6/15/46	$  685,000	$  215,000	$	17,125.00	$	-	
12/15/46	$  470,000	$	-	$	11,750.00	$	243,875.00	
6/15/47	$  470,000	$  230,000	$	11,750.00	$	-	
12/15/47	$  240,000	$	-	$	6,000.00	$	247,750.00	
6/15/48	$  240,000	$  240,000	$	6,000.00	$	246,000.00	
Totals		$ 3,670,000	$ 2,970,409.38	$ 6,640,409.38	

Storey Park
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2019		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next 6	Thru	Budget	
	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Assessments - Tax Roll	$238,964	$203,829	$35,135	$238,964	$238,964	
Interest	$0	$14	$0	$14	$0	
Carry Forward Surplus	$95,933	$101,755	$0	$101,755	$103,770	
Total Revenues	$334,897	$305,598	$35,135	$340,733	$342,734	

Expenses						
Interest - 12/15	$80,981	$80,982	$0	$80,982	$79,669	
Principal - 6/15	$75,000	$0	$75,000	$75,000	$80,000	
Interest - 6/15	$80,981	$0	$80,981	$80,981	$79,669	
Total Expenditures	$236,962	$80,982	$155,981	$236,963	$239,338	
						
Excess Revenues/(Expenditures)	$97,935	$224,616	($120,846)	$103,770	$103,396	
				
Interest - 12/15/23	
	$78,269 	
				Total		$78,269 	
			Gross Per	Gross	Net	
	Product Type	Platted Units	Unit	Total	Total	
	Single Family - 40'	72	$1,013	$72,936	$68,560	
	Single Family - 50'	82	$1,266	$103,812	$97,583	
	Single Family - 60'	51	$1,519	$77,469	$72,821	
		205		$254,217	$238,964	

Date	Balance	Principal	Interest	Annual	

6/15/22	
$ 3,850,000	
$	75,000	
$	80,981.25	
$	-	
12/15/22	$ 3,775,000	$	-	$	79,668.75	$	235,650.00	
6/15/23	$ 3,775,000	$	80,000	$	79,668.75	$	-	
12/15/23	$ 3,695,000	$	-	$	78,268.75	$	237,937.50	
6/15/24	$ 3,695,000	$	80,000	$	78,268.75	$	-	
12/15/24	$ 3,615,000	$	-	$	76,868.75	$	235,137.50	
6/15/25	$ 3,615,000	$	85,000	$	76,868.75	$	-	
12/15/25	$ 3,530,000	$	-	$	75,275.00	$	237,143.75	
6/15/26	$ 3,530,000	$	90,000	$	75,275.00	$	-	
12/15/26	$ 3,440,000	$	-	$	73,587.50	$	238,862.50	
6/15/27	$ 3,440,000	$	90,000	$	73,587.50	$	-	
12/15/27	$ 3,350,000	$	-	$	71,900.00	$	235,487.50	
6/15/28	$ 3,350,000	$	95,000	$	71,900.00	$	-	
12/15/28	$ 3,255,000	$	-	$	70,118.75	$	237,018.75	
6/15/29	$ 3,255,000	$  100,000	$	70,118.75	$	-	
12/15/29	$ 3,155,000	$	-	$	68,243.75	$	238,362.50	
6/15/30	$ 3,155,000	$  100,000	$	68,243.75	$	-	
12/15/30	$ 3,055,000	$	-	$	66,118.75	$	234,362.50	
6/15/31	$ 3,055,000	$  105,000	$	66,118.75	$	-	
12/15/31	$ 2,950,000	$	-	$	63,887.50	$	235,006.25	
6/15/32	$ 2,950,000	$  110,000	$	63,887.50	$	-	
12/15/32	$ 2,840,000	$	-	$	61,550.00	$	235,437.50	
6/15/33	$ 2,840,000	$  115,000	$	61,550.00	$	-	
12/15/33	$ 2,725,000	$	-	$	59,106.25	$	235,656.25	
6/15/34	$ 2,725,000	$  120,000	$	59,106.25	$	-	
12/15/34	$ 2,605,000	$	-	$	56,556.25	$	235,662.50	
6/15/35	$ 2,605,000	$  125,000	$	56,556.25	$	-	
12/15/35	$ 2,480,000	$	-	$	53,900.00	$	235,456.25	
6/15/36	$ 2,480,000	$  130,000	$	53,900.00	$	-	
12/15/36	$ 2,350,000	$	-	$	51,137.50	$	235,037.50	
6/15/37	$ 2,350,000	$  135,000	$	51,137.50	$	-	
12/15/37	$ 2,215,000	$	-	$	48,268.75	$	234,406.25	
6/15/38	$ 2,215,000	$  145,000	$	48,268.75	$	-	
12/15/38	$ 2,070,000	$	-	$	45,187.50	$	238,456.25	
6/15/39	$ 2,070,000	$  150,000	$	45,187.50	$	-	
12/15/39	$ 1,920,000	$	-	$	42,000.00	$	237,187.50	
6/15/40	$ 1,920,000	$  155,000	$	42,000.00	$	-	

Date	Balance	Principal	Interest	Annual

12/15/40	$ 1,765,000	$	-	$	38,609.38	$	235,609.38	
6/15/41	$ 1,765,000	$  165,000	$	38,609.38	$	-	
12/15/41	$ 1,600,000	$	-	$	35,000.00	$	238,609.38	
6/15/42	$ 1,600,000	$  170,000	$	35,000.00	$	-	
12/15/42	$ 1,430,000	$	-	$	31,281.25	$	236,281.25	
6/15/43	$ 1,430,000	$  180,000	$	31,281.25	$	-	
12/15/43	$ 1,250,000	$	-	$	27,343.75	$	238,625.00	
6/15/44	$ 1,250,000	$  185,000	$	27,343.75	$	-	
12/15/44	$ 1,065,000	$	-	$	23,296.88	$	235,640.63	
6/15/45	$ 1,065,000	$  195,000	$	23,296.88	$	-	
12/15/45	$  870,000	$	-	$	19,031.25	$	237,328.13	
6/15/46	$  870,000	$  205,000	$	19,031.25	$	-	
12/15/46	$  665,000	$	-	$	14,546.88	$	238,578.13	
6/15/47	$  665,000	$  215,000	$	14,546.88	$	-	
12/15/47	$  450,000	$	-	$	9,843.75	$	239,390.63	
6/15/48	$  450,000	$  220,000	$	9,843.75	$	-	
12/15/48	$  230,000	$	-	$	5,031.25	$	234,875.00	
6/15/49	$  230,000	$  230,000	$	5,031.25	$	235,031.25	
Totals		$ 3,850,000	$ 2,772,237.50	$ 6,622,237.50	

Storey Park
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2021		
	Adopted	Actual	Projected	Total	Proposed	
	Budget	Thru	Next 6	Thru	Budget	
	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Assessments	$334,300	$311,794	$22,506	$334,300	$334,300	
Interest	$0	$15	$10	$25	$0	
Carry Forward Surplus	$104,450	$104,452	$0	$104,452	$104,878	
Total Revenues	$438,750	$416,261	$22,516	$438,778	$439,178	

Expenses						
Interest - 12/15	$104,450	$104,450	$0	$104,450	$102,966	
Principal - 6/15	$125,000	$0	$125,000	$125,000	$125,000	
Interest - 6/15	$104,450	$0	$104,450	$104,450	$102,966	
Total Expenditures	$333,900	$104,450	$229,450	$333,900	$330,931	
						
Excess Revenues/(Expenditures)	$104,850	$311,811	($206,934)	$104,878	$108,246	
				
Interest - 12/15/23	
	$101,481 	
				Total		$101,481 	
			Gross Per	Gross	Net	
	Product Type	Platted Units	Unit	Total	Total	
	Towhome - 25'	86	$633	$54,414	$51,149	
	Single Family - 32'	76	$810	$61,551	$57,858	
	Single Family - 40'	77	$1,013	$77,989	$73,310	
	Single Family - 50'	69	$1,266	$87,350	$82,109	
	Single Family - 60'	49	$1,519	$74,407	$69,943	
		357		$355,712	$334,369	

Date	Balance	Principal	Interest	Annual

6/15/22	$ 6,030,000	$  125,000	$	104,450.00	$	-	
12/15/22	$ 5,905,000	$	-	$	102,965.63	$	332,416	
6/15/23	$ 5,905,000	$  125,000	$	102,965.63	$	-	
12/15/23	$ 5,780,000	$	-	$	101,481.25	$	329,447	
6/15/24	$ 5,780,000	$  130,000	$	101,481.25	$	-	
12/15/24	$ 5,650,000	$	-	$	99,937.50	$	331,419	
6/15/25	$ 5,650,000	$  135,000	$	99,937.50	$	-	
12/15/25	$ 5,515,000	$	-	$	98,334.38	$	333,272	
6/15/26	$ 5,515,000	$  135,000	$	98,334.38	$	-	
12/15/26	$ 5,380,000	$	-	$	96,731.25	$	330,066	
6/15/27	$ 5,380,000	$  140,000	$	96,731.25	$	-	
12/15/27	$ 5,240,000	$	-	$	94,718.75	$	331,450	
6/15/28	$ 5,240,000	$  145,000	$	94,718.75	$	-	
12/15/28	$ 5,095,000	$	-	$	92,634.38	$	332,353	
6/15/29	$ 5,095,000	$  150,000	$	92,634.38	$	-	
12/15/29	$ 4,945,000	$	-	$	90,478.13	$	333,113	
6/15/30	$ 4,945,000	$  155,000	$	90,478.13	$	-	
12/15/30	$ 4,790,000	$	-	$	88,250.00	$	333,728	
6/15/31	$ 4,790,000	$  160,000	$	88,250.00	$	-	
12/15/31	$ 4,630,000	$	-	$	85,950.00	$	334,200	
6/15/32	$ 4,630,000	$  165,000	$	85,950.00	$	-	
12/15/32	$ 4,465,000	$	-	$	83,227.50	$	334,178	
6/15/33	$ 4,465,000	$  170,000	$	83,227.50	$	-	
12/15/33	$ 4,295,000	$	-	$	80,422.50	$	333,650	
6/15/34	$ 4,295,000	$  175,000	$	80,422.50	$	-	
12/15/34	$ 4,120,000	$	-	$	77,535.00	$	332,958	
6/15/35	$ 4,120,000	$  180,000	$	77,535.00	$	-	
12/15/35	$ 3,940,000	$	-	$	74,565.00	$	332,100	
6/15/36	$ 3,940,000	$  185,000	$	74,565.00	$	-	
12/15/36	$ 3,755,000	$	-	$	71,512.50	$	331,078	
6/15/37	$ 3,755,000	$  190,000	$	71,512.50	$	-	
12/15/37	$ 3,565,000	$	-	$	68,377.50	$	329,890	
6/15/38	$ 3,565,000	$  200,000	$	68,377.50	$	-	
12/15/38	$ 3,365,000	$	-	$	65,077.50	$	333,455	
6/15/39	$ 3,365,000	$  205,000	$	65,077.50	$	-	
12/15/39	$ 3,160,000	$	-	$	61,695.00	$	331,773	
6/15/40	$ 3,160,000	$  210,000	$	61,695.00	$	-	
12/15/40	$ 2,950,000	$	-	$	58,230.00	$	329,925	
6/15/41	$ 2,950,000	$  220,000	$	58,230.00	$	-	
12/15/41	$ 2,730,000	$	-	$	54,600.00	$	332,830	
6/15/42	$ 2,730,000	$  225,000	$	54,600.00	$	-	
12/15/42	$ 2,505,000	$	-	$	50,100.00	$	329,700	

Date	Balance	Principal	Interest	Annual

6/15/43	$ 2,505,000	$  235,000	$	50,100.00	$	-	
12/15/43	$ 2,270,000	$	-	$	45,400.00	$	330,500	
6/15/44	$ 2,270,000	$  245,000	$	45,400.00	$	-	
12/15/44	$ 2,025,000	$	-	$	40,500.00	$	330,900	
6/15/45	$ 2,025,000	$  255,000	$	40,500.00	$	-	
12/15/45	$ 1,770,000	$	-	$	35,400.00	$	330,900	
6/15/46	$ 1,770,000	$  265,000	$	35,400.00	$	-	
12/15/46	$ 1,505,000	$	-	$	30,100.00	$	330,500	
6/15/47	$ 1,505,000	$  275,000	$	30,100.00	$	-	
12/15/47	$ 1,230,000	$	-	$	24,600.00	$	329,700	
6/15/48	$ 1,230,000	$  290,000	$	24,600.00	$	-	
12/15/48	$  940,000	$	-	$	18,800.00	$	333,400	
6/15/49	$  940,000	$  300,000	$	18,800.00	$	-	
12/15/49	$  640,000	$	-	$	12,800.00	$	331,600	
6/15/50	$  640,000	$  315,000	$	12,800.00	$	-	
12/15/50	$  325,000	$	-	$	6,500.00	$	334,300	
6/15/51	$  325,000	$  325,000	$	6,500.00	$	331,500	
Totals	$ 6,030,000	$	3,926,298	$	9,956,298