Adopted Budget	
Fiscal Year 2024	

Verano #2	
Community Development District	

September 14, 2023

Verano #2	
Community Development District	

Debt Service Fund	
Series 2017	
Budget	
Amortization Schedule	
Series 2020	
Budget	
Amortization Schedule	

Page 6 - 7	
Page 8 - 10	

Page 11 - 13	
Page 14 - 16	

TABLE OF CONTENTS

General Fund	
Budget	
Budget Narrative	

Page 1 -2	
Page 3 -5	

Verano #2	
Community Development District	

Adopted	
Budget	
FY 2023	

Actual	
Thru	
7/31/2023	

Projected	
Next	
2 Months	

Total	
Projected	
9/30/2023	

Adopted	
Budget	
FY 2024	

Description

Revenues

Carry Forward Balance	
Clubhouse Revenue	

$0	
$0	

$0	
$20	

$0	
$0	

$0	
$20	

($0)	
$0	

TOTAL REVENUES	$0	$20	$0	$20	($0)

Expenditures

Administrative	
Annual Audit	
Arbitrage Rebate Calculation	
Trustee Fees	
Dissemination Agent	
Management Fees	
General Liability Insurance	
Other Current Charges	
Dues, Licenses & Subscriptions	
Website Compliance	

$3,575	
$3,300	
$19,150	
$2,500	
$31,500	
$6,960	
$1,221	
$175	
$750	

$3,575	
$3,300	
$19,072	
$2,083	
$26,250	
$6,235	
$0	
$175	
$625	

$0	
$0	
$0	
$417	
$5,250	
$0	
$100	
$0	
$125	

$3,575	
$3,300	
$19,072	
$2,500	
$31,500	
$6,235	
$100	
$175	
$750	

$3,700	
$3,300	
$19,150	
$2,500	
$0	
$6,859	
$1,197	
$175	
$750	

TOTAL ADMINISTRATIVE	$69,131	$61,315	$5,892	$67,207	$37,631

Pod C CrossTown:	
Field Maintenance	
Field Management	
Electric Utility Services	
Electric Utility Services- Streetlights	
Irrigation Utility Services	
Midge Control	
Landscape Maintenance	
Pest Control	
Entry & Walls Maintenance	
Plant Replacement	
Irrigation Maintenance	
Irrigation Water Monitoring	
Pump System Maintenance	
Street Sweeping	
Roadways Repairs & Maintenance	
Streetsigns Maintenance	
Pressure Cleaning	
Contingency	

$12,000	
$13,800	
$18,180	
$3,000	
$4,000	
$48,440	
$6,510	
$4,000	
$12,000	
$10,800	
$1,200	
$6,000	
$7,800	
$10,000	
$10,000	
$5,000	
$26,340	

$4,500	
$13,986	
$20,047	
$0	
$0	
$62,307	
$150	
$0	
$0	
$9,494	
$0	
$2,693	
$2,650	
$0	
$0	
$0	
$5,203	

$1,000	
$2,600	
$4,228	
$3,000	
$4,000	
$8,636	
$450	
$4,000	
$12,000	
$1,306	
$1,200	
$3,307	
$0	
$10,000	
$10,000	
$5,000	
$0	

$5,500	
$16,586	
$24,275	
$3,000	
$4,000	
$70,943	
$600	
$4,000	
$12,000	
$10,800	
$1,200	
$6,000	
$2,650	
$10,000	
$10,000	
$5,000	
$5,203	

$6,000	
$17,600	
$24,200	
$3,000	
$4,000	
$54,000	
$1,800	
$4,000	
$12,000	
$10,800	
$1,200	
$6,000	
$1,677	
$10,000	
$10,000	
$5,000	
$22,340	

TOTAL FIELD MAINTENANCE	$199,070	$121,030	$70,727	$191,757	$193,617

Verano #2	
Community Development District	

Adopted	
Budget	
FY 2023	

Actual	
Thru	
7/31/2023	

Projected	
Next	
2 Months	

Total	
Projected	
9/30/2023	

Adopted	
Budget	
FY 2024	

Description

Amenity Center Maintenance	
Amenity Center Management	
Clubhouse Maintenance	
Access Control	
Telephone/Internet	
Electric Utility Services	
Water Utility Services	
Property Insurance	
Pool Maintenance	
Landscape Maintenance	
Pest Control	
Janitorial Services/Supplies	
A/C Maintenance	
Trash Collection	
Pressure Cleaning	
Contingency	
Capital Outlay	
Reserve	

$12,000	
$40,000	
$2,000	
$840	
$10,000	
$3,000	
$10,986	
$21,600	
$12,740	
$2,294	
$30,480	
$1,227	
$1,000	
$5,000	
$5,815	
$0	
$0	

$4,500	
$750	
$865	
$666	
$4,835	
$1,200	
$10,061	
$18,597	
$8,625	
$0	
$23,892	
$0	
$0	
$0	
$75	
$4,673	
$0	

$1,000	
$39,250	
$62	
$130	
$1,100	
$600	
$0	
$3,600	
$1,656	
$2,294	
$4,200	
$1,227	
$1,000	
$5,000	
$2,780	
$0	
$90,000	

$5,500	
$40,000	
$927	
$796	
$5,935	
$1,800	
$10,061	
$22,197	
$10,281	
$2,294	
$28,092	
$1,227	
$1,000	
$5,000	
$2,855	
$4,673	
$90,000	

$6,000	
$40,000	
$2,000	
$840	
$11,000	
$1,800	
$15,067	
$74,000	
$14,936	
$1,800	
$36,000	
$1,227	
$1,000	
$5,000	
$1,815	
$0	
$0	

TOTAL AMENITY CENTER MAINTENANCE	$158,982		$78,739		$153,899		$232,638		$212,485	
										
TOTAL EXPENDITURES	$427,183		$261,084		$230,518		$491,602		$443,733	

Other Financing Sources/(Uses)

Intergovernmental Transfer (1)	

$427,183		

$491,581		

$0		

$491,581		

$443,733	
Total Other Financing Sources/(Uses)	$427,183		$491,581		$0		$491,581		$443,733	
										
EXCESS REVENUES/EXPENDITURES	($0)		$230,518		($230,518)		($0)		($0)	

(1) Transfers received from Verano #5										

	FY2023/2024	FY 2023	
	
Master per Unit*	
Pod C per Unit*	Combined Rate- Per Unit*	
Description				
40' Single Family	$136.70	$911.45	$1,048.15	
50' Single Family	$157.21	$911.45	$1,068.66	
60' Single Family	$181.81	$911.45	$0.00	
Manor/Duplex	$121.66	$911.45	$0.00	

FY 2024	

Pod C per Unit*	Combined Rate- Per Unit*	
		
$1,028.94	$1,165.64	
$1,028.94	$1,186.15	
$1,028.94	$0.00	
$1,028.94	$0.00	

FY 2024	

increase/ decrease	
	
$117.49	
$117.49	
$0.00	
$0.00	

* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

REVENUES:

Developer Assessments/ Intergovernmental Transfer
The District will levy a non-ad valorem maintenance assessment on the developable property within the District to fund the operating budget. The District will receive fund transfers from Verano #5 CDD for General Operating Expenditures.

EXPENDITURES:

Administrative:

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Arbitrage Rebate Calculation
The District is required to annually have an arbitrage rebate calculation on the Verano #2 District's Series 2017A and Series 2020 Special Assessment Bonds. The Verano #2 has contracted with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District.

Trustee Fees
The District issued Series 2017A and Series 2020 Community Infrastructure Special Assessment Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees budgeted is based on the agreement between US Bank and the Verano #2 District.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. FY2024 Management fees were moved to Verano# 5.

General Liability Insurance
The District will bind General Liability & Public Officials Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.

Other Current Charges
Bank charges and any other miscellaneous expenses that incurred during the year.

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

Website Compliance
Per Section 189.069 F. S, all Districts must have a website by October 1, 2015 to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated as required by the Statute.

Field Maintenance

Field Management
The district has contracted Lang Management to manage to manage the common area. The responsibilities include reviewing contracts and other maintenance related items.

Property Insurance
The District will bind infrastructure property Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.

Electric Utility Services
The District pays FPL for entry wall and irrigation pumps and streetlights.

Field Maintenance (continued)

Irrigation Utility Services
Water usage for irrigation

Midge Control
Costs for midge control of district’s lakes.

Landscape Maintenance
The district contracted Impact Landscaping & Irrigation LLC to service the common area of Cross Town. Mulch will be a separate cost.

Pest Control
The district contracted NativeGreen Pest Control & Fertilization, LLC to service IPM, fertilization scrubs and trees and fire ants.

Entry & Walls Maintenance
Costs to maintain walls of the district.

Plant Replacement
Costs to replace plants of the common area Cross Town.

Irrigation Maintenance
Impact Landscaping is maintaining the irrigation system.

Irrigation Water Monitoring
Cost to monitor the common area clocks.

Pump System maintenance
The district has an agreement with Hoover to maintain the pump system.

Street Sweeping
The district contracted Facilities Pro Sweep to sweep the road in Cross Town.

Roadways Repairs & Maintenance
Cost to maintain and repair the common area roads.

Pressure Cleaning
Cost to pressure clean infrastructure of common area.

Contingency
To cover any other costs not mentioned.

Amenity Center Maintenance

Amenity Center Management
The district has contracted Lang Management to manage to manage the Amenity Center. The responsibilities include reviewing contracts and other maintenance related items.

Clubhouse Maintenance
The district has contracted Lang Management to manage the Clubhouse.

Access Control
The district will contract ADT for access control service.

Telephone/Internet
Costs for phone and internet at the Amenity Center.

Electric Utility Services
Costs for electric for Amenity Center and surrounding.

Amenity Center Maintenance (continued)

Water Utility Services
Costs for water and waste at amenity center.

Property Insurance
The District will bind Amenity Center Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.

Pool Maintenance
The district has an agreement with Gordon Sandy to maintain the community pool.

Landscape Maintenance
The district contracted Impact Landscaping & Irrigation LLC to service the amenity area of Cross Town. Mulch will be a separate cost.

Pest Control
The district contracted NativeGreen Pest Control & Fertilization, LLC to service IPM, fertilization scrubs and trees and fire ants.

Janitorial Services/Supplies
The district has an agreement with Charles Cleaning to clean the Amenity Center.

A/C Maintenance
The district contracted Preferred Air Conditioning to maintain the A/C systems.

Trash Collection
Costs to collect the trash at Amenity Center.

Pressure Cleaning
Cost to pressure clean amenity center and surrounding.

Contingency
To cover any other costs not mentioned.

Verano #2	
Community Development District	

 	
Debt Service Fund	
Series 2017 Special Assessment Bonds	

Adopted	
Budget	
FY 2023	

Actual	
Thru	
7/31/2023	

Projected	
Next	
2 Months	

Total	
Projected	
9/30/2023	

Adopted	
Budget	
FY 2024	

Description

Revenues

Carry Forward Surplus (1)	
Special Assessments-Pod A-On Roll	
Special Assessments-Pod B-On Roll	
Special Assessments-Pod C-On Roll	
Interest Income	

$615,416	$615,868	
$364,385	$365,543	
$273,048	$272,815	
$213,001	$213,685	
$0	$37,797	

$0	
$0	
$0	
$0	
$2,000	

$615,868	
$365,543	
$272,815	
$213,685	
$39,797	

$702,796	
$364,385	
$271,950	
$213,001	
$5,000	

$1,465,850		$1,505,708	

$2,000		$1,507,708		$1,557,132	

TOTAL REVENUES

Expenditures

Series 2017 - Pod A	
Interest - 11/01	
Principal - 11/01	
Interest - 05/01	

$121,097	
$100,000	
$119,284	

$121,097	
$100,000	
$119,284	

$0	
$0	
($0)	

$121,097	
$100,000	
$119,284	

$119,284	
$105,000	
$117,381	

Series 2017 - Pod B	
Interest - 11/01	
Principal - 11/01	
Interest - 05/01	

$95,181	
$80,000	
$93,731	

$95,181	
$80,000	
$93,731	

$0	$95,181	
$0	$80,000	
$0	$93,731	

$93,731	
$80,000	
$92,281	

Series 2017 - Pod C	
Interest - 11/01	
Principal - 11/01	
Interest - 05/01	

$70,825	
$55,000	
$69,794	

$70,825	
$55,000	
$69,794	

$0	$70,825	
$0	$55,000	
$0	$69,794	

$69,794	
$55,000	
$68,763	

TOTAL EXPENDITURES	$804,913	$804,913	($0)	$804,913	$801,234 EXCESS REVENUES/EXPENDITURES

									
$660,938		$700,796		$2,000		$702,796		$755,897	

Pod A Principal - 11/1/24	
Interest - 11/1/24	
Pod B Principal - 11/1/24	
Interest - 11/1/24	
Pod C Principal - 11/1/24	
Interest - 11/1/24	
Total	

$110,000	
$117,381	
$85,000	
$92,281	
$60,000	
$68,763	
$533,425	

(1) Carry forward surplus is net of the reserve requirement

Verano #2	Debt Service Fund
Community Development District	Series 2017 Special Assessment Bonds

AssessmentsTable

Verano #2 Pod A - Series 2017	

Description	
Units	Amount per unit*	Total On Roll	
Manor/Duplex 40's
50's
60's
70's
 80's	 Total Residential	4
26
116
123
6
	1	
276	$1,046.69
$1,176.09
$1,353.26
$1,564.13
$1,688.04
$1,811.20
Gross Assessments Less: Discount & Collections 8%
Net Assessments	$4,186.76	
			$30,578.34	
			$156,978.16	
			$192,387.99	
			$10,128.26	
				$1,811.20 	
			$396,070.71	
			  ($31,685.66)	
			$364,385.05	

Verano #2 Pod B Series 2017

Description	
Units	Amount per unit*	Total On Roll	
Manor/Duplex 40's
50's
 60's	 Total Residential	0
45
138
	61	
244	$924.65
$1,037.80
$1,193.48
$1,380.28
Gross Assessments Less: Discount & Collections 8%
Net Assessments	$0.00	
			$46,701.00	
			$164,700.24	
				$84,197.08 	
			$295,598.32	
			  ($23,647.87)	
			$271,950.45	

Verano #2 Pod C Series 2017

Description	
Units	Amount per unit*	Total On Roll	

40's
 50's	 Total Residential	
118
	95	
213	
$1,086.96
  $1,086.96	
Gross Assessments Less: Discount & Collections 8%
Net Assessments	
$128,261.28	
			  $103,261.20 	
			$231,522.48	
			  ($18,521.80)	
			$213,000.68	

* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

AMORTIZATION SCHEDULE	
Series 2017 Pod A Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$4,970,000.00	$105,000.00	$119,284.38	$224,284.38	
05/01/24	$4,865,000.00	$0.00	$117,381.25	$117,381.25	
11/01/24	$4,865,000.00	$110,000.00	$117,381.25	$227,381.25	
05/01/25	$4,755,000.00	$0.00	$115,043.75	$115,043.75	
11/01/25	$4,755,000.00	$115,000.00	$115,043.75	$230,043.75	
05/01/26	$4,640,000.00	$0.00	$112,600.00	$112,600.00	
11/01/26	$4,640,000.00	$115,000.00	$112,600.00	$227,600.00	
05/01/27	$4,525,000.00	$0.00	$110,156.25	$110,156.25	
11/01/27	$4,525,000.00	$120,000.00	$110,156.25	$230,156.25	
05/01/28	$4,405,000.00	$0.00	$107,606.25	$107,606.25	
11/01/28	$4,405,000.00	$125,000.00	$107,606.25	$232,606.25	
05/01/29	$4,280,000.00	$0.00	$104,950.00	$104,950.00	
11/01/29	$4,280,000.00	$130,000.00	$104,950.00	$234,950.00	
05/01/30	$4,150,000.00	$0.00	$101,862.50	$101,862.50	
11/01/30	$4,150,000.00	$140,000.00	$101,862.50	$241,862.50	
05/01/31	$4,010,000.00	$0.00	$98,537.50	$98,537.50	
11/01/31	$4,010,000.00	$145,000.00	$98,537.50	$243,537.50	
05/01/32	$3,865,000.00	$0.00	$95,093.75	$95,093.75	
11/01/32	$3,865,000.00	$150,000.00	$95,093.75	$245,093.75	
05/01/33	$3,715,000.00	$0.00	$91,531.25	$91,531.25	
11/01/33	$3,715,000.00	$160,000.00	$91,531.25	$251,531.25	
05/01/34	$3,555,000.00	$0.00	$87,731.25	$87,731.25	
11/01/34	$3,555,000.00	$165,000.00	$87,731.25	$252,731.25	
05/01/35	$3,390,000.00	$0.00	$83,812.50	$83,812.50	
11/01/35	$3,390,000.00	$175,000.00	$83,812.50	$258,812.50	
05/01/36	$3,215,000.00	$0.00	$79,656.25	$79,656.25	
11/01/36	$3,215,000.00	$185,000.00	$79,656.25	$264,656.25	
05/01/37	$3,030,000.00	$0.00	$75,262.50	$75,262.50	
11/01/37	$3,030,000.00	$190,000.00	$75,262.50	$265,262.50	
05/01/38	$2,840,000.00	$0.00	$70,750.00	$70,750.00	
11/01/38	$2,840,000.00	$200,000.00	$70,750.00	$270,750.00	
05/01/39	$2,640,000.00	$0.00	$66,000.00	$66,000.00	
11/01/39	$2,640,000.00	$210,000.00	$66,000.00	$276,000.00	
05/01/40	$2,430,000.00	$0.00	$60,750.00	$60,750.00	
11/01/40	$2,430,000.00	$220,000.00	$60,750.00	$280,750.00	
05/01/41	$2,210,000.00	$0.00	$55,250.00	$55,250.00	
11/01/41	$2,210,000.00	$230,000.00	$55,250.00	$285,250.00	
05/01/42	$1,980,000.00	$0.00	$49,500.00	$49,500.00	
11/01/42	$1,980,000.00	$245,000.00	$49,500.00	$294,500.00	
05/01/43	$1,735,000.00	$0.00	$43,375.00	$43,375.00	
11/01/43	$1,735,000.00	$255,000.00	$43,375.00	$298,375.00	
05/01/44	$1,480,000.00	$0.00	$37,000.00	$37,000.00	
11/01/44	$1,480,000.00	$270,000.00	$37,000.00	$307,000.00	
05/01/45	$1,210,000.00	$0.00	$30,250.00	$30,250.00	
11/01/45	$1,210,000.00	$280,000.00	$30,250.00	$310,250.00	
05/01/46	$930,000.00	$0.00	$23,250.00	$23,250.00	
11/01/46	$930,000.00	$295,000.00	$23,250.00	$318,250.00	
05/01/47	$635,000.00	$0.00	$15,875.00	$15,875.00	
11/01/47	$635,000.00	$310,000.00	$15,875.00	$325,875.00	
05/01/48	$325,000.00	$0.00	$8,125.00	$8,125.00	
11/01/48	$325,000.00	$325,000.00	$8,125.00	$333,125.00	
TOTAL		$4,970,000.00	$3,801,984.38	$8,771,984.38	

AMORTIZATION SCHEDULE	
Series 2017 Pod B Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$3,905,000.00	$80,000.00	$93,731.25	$173,731.25	
05/01/24	$3,825,000.00	$0.00	$92,281.25	$92,281.25	
11/01/24	$3,825,000.00	$85,000.00	$92,281.25	$177,281.25	
05/01/25	$3,740,000.00	$0.00	$90,475.00	$90,475.00	
11/01/25	$3,740,000.00	$90,000.00	$90,475.00	$180,475.00	
05/01/26	$3,650,000.00	$0.00	$88,562.50	$88,562.50	
11/01/26	$3,650,000.00	$90,000.00	$88,562.50	$178,562.50	
05/01/27	$3,560,000.00	$0.00	$86,650.00	$86,650.00	
11/01/27	$3,560,000.00	$95,000.00	$86,650.00	$181,650.00	
05/01/28	$3,465,000.00	$0.00	$84,631.25	$84,631.25	
11/01/28	$3,465,000.00	$100,000.00	$84,631.25	$184,631.25	
05/01/29	$3,365,000.00	$0.00	$82,506.25	$82,506.25	
11/01/29	$3,365,000.00	$105,000.00	$82,506.25	$187,506.25	
05/01/30	$3,260,000.00	$0.00	$80,012.50	$80,012.50	
11/01/30	$3,260,000.00	$110,000.00	$80,012.50	$190,012.50	
05/01/31	$3,150,000.00	$0.00	$77,400.00	$77,400.00	
11/01/31	$3,150,000.00	$115,000.00	$77,400.00	$192,400.00	
05/01/32	$3,035,000.00	$0.00	$74,668.75	$74,668.75	
11/01/32	$3,035,000.00	$120,000.00	$74,668.75	$194,668.75	
05/01/33	$2,915,000.00	$0.00	$71,818.75	$71,818.75	
11/01/33	$2,915,000.00	$125,000.00	$71,818.75	$196,818.75	
05/01/34	$2,790,000.00	$0.00	$68,850.00	$68,850.00	
11/01/34	$2,790,000.00	$130,000.00	$68,850.00	$198,850.00	
05/01/35	$2,660,000.00	$0.00	$65,762.50	$65,762.50	
11/01/35	$2,660,000.00	$135,000.00	$65,762.50	$200,762.50	
05/01/36	$2,525,000.00	$0.00	$62,556.25	$62,556.25	
11/01/36	$2,525,000.00	$145,000.00	$62,556.25	$207,556.25	
05/01/37	$2,380,000.00	$0.00	$59,112.50	$59,112.50	
11/01/37	$2,380,000.00	$150,000.00	$59,112.50	$209,112.50	
05/01/38	$2,230,000.00	$0.00	$55,550.00	$55,550.00	
11/01/38	$2,230,000.00	$160,000.00	$55,550.00	$215,550.00	
05/01/39	$2,070,000.00	$0.00	$51,750.00	$51,750.00	
11/01/39	$2,070,000.00	$165,000.00	$51,750.00	$216,750.00	
05/01/40	$1,905,000.00	$0.00	$47,625.00	$47,625.00	
11/01/40	$1,905,000.00	$175,000.00	$47,625.00	$222,625.00	
05/01/41	$1,730,000.00	$0.00	$43,250.00	$43,250.00	
11/01/41	$1,730,000.00	$180,000.00	$43,250.00	$223,250.00	
05/01/42	$1,550,000.00	$0.00	$38,750.00	$38,750.00	
11/01/42	$1,550,000.00	$190,000.00	$38,750.00	$228,750.00	
05/01/43	$1,360,000.00	$0.00	$34,000.00	$34,000.00	
11/01/43	$1,360,000.00	$200,000.00	$34,000.00	$234,000.00	
05/01/44	$1,160,000.00	$0.00	$29,000.00	$29,000.00	
11/01/44	$1,160,000.00	$210,000.00	$29,000.00	$239,000.00	
05/01/45	$950,000.00	$0.00	$23,750.00	$23,750.00	
11/01/45	$950,000.00	$220,000.00	$23,750.00	$243,750.00	
05/01/46	$730,000.00	$0.00	$18,250.00	$18,250.00	
11/01/46	$730,000.00	$230,000.00	$18,250.00	$248,250.00	
05/01/47	$500,000.00	$0.00	$12,500.00	$12,500.00	
11/01/47	$500,000.00	$245,000.00	$12,500.00	$257,500.00	
05/01/48	$255,000.00	$0.00	$6,375.00	$6,375.00	
11/01/48	$255,000.00	$255,000.00	$6,375.00	$261,375.00	
TOTAL		$3,905,000.00	$2,985,906.25	$6,890,906.25	

AMORTIZATION SCHEDULE	
Series 2017 Pod C Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$2,800,000.00	$55,000.00	$69,793.75	$124,793.75	
05/01/24	$2,745,000.00	$0.00	$68,762.50	$68,762.50	
11/01/24	$2,745,000.00	$60,000.00	$68,762.50	$128,762.50	
05/01/25	$2,685,000.00	$0.00	$67,412.50	$67,412.50	
11/01/25	$2,685,000.00	$60,000.00	$67,412.50	$127,412.50	
05/01/26	$2,625,000.00	$0.00	$66,062.50	$66,062.50	
11/01/26	$2,625,000.00	$65,000.00	$66,062.50	$131,062.50	
05/01/27	$2,560,000.00	$0.00	$64,600.00	$64,600.00	
11/01/27	$2,560,000.00	$65,000.00	$64,600.00	$129,600.00	
05/01/28	$2,495,000.00	$0.00	$63,137.50	$63,137.50	
11/01/28	$2,495,000.00	$70,000.00	$63,137.50	$133,137.50	
05/01/29	$2,425,000.00	$0.00	$61,562.50	$61,562.50	
11/01/29	$2,425,000.00	$75,000.00	$61,562.50	$136,562.50	
05/01/30	$2,350,000.00	$0.00	$59,687.50	$59,687.50	
11/01/30	$2,350,000.00	$75,000.00	$59,687.50	$134,687.50	
05/01/31	$2,275,000.00	$0.00	$57,812.50	$57,812.50	
11/01/31	$2,275,000.00	$80,000.00	$57,812.50	$137,812.50	
05/01/32	$2,195,000.00	$0.00	$55,812.50	$55,812.50	
11/01/32	$2,195,000.00	$85,000.00	$55,812.50	$140,812.50	
05/01/33	$2,110,000.00	$0.00	$53,687.50	$53,687.50	
11/01/33	$2,110,000.00	$90,000.00	$53,687.50	$143,687.50	
05/01/34	$2,020,000.00	$0.00	$51,437.50	$51,437.50	
11/01/34	$2,020,000.00	$95,000.00	$51,437.50	$146,437.50	
05/01/35	$1,925,000.00	$0.00	$49,062.50	$49,062.50	
11/01/35	$1,925,000.00	$100,000.00	$49,062.50	$149,062.50	
05/01/36	$1,825,000.00	$0.00	$46,562.50	$46,562.50	
11/01/36	$1,825,000.00	$105,000.00	$46,562.50	$151,562.50	
05/01/37	$1,720,000.00	$0.00	$43,937.50	$43,937.50	
11/01/37	$1,720,000.00	$105,000.00	$43,937.50	$148,937.50	
05/01/38	$1,615,000.00	$0.00	$41,312.50	$41,312.50	
11/01/38	$1,615,000.00	$115,000.00	$41,312.50	$156,312.50	
05/01/39	$1,500,000.00	$0.00	$38,437.50	$38,437.50	
11/01/39	$1,500,000.00	$120,000.00	$38,437.50	$158,437.50	
05/01/40	$1,380,000.00	$0.00	$35,362.50	$35,362.50	
11/01/40	$1,380,000.00	$125,000.00	$35,362.50	$160,362.50	
05/01/41	$1,255,000.00	$0.00	$32,159.38	$32,159.38	
11/01/41	$1,255,000.00	$130,000.00	$32,159.38	$162,159.38	
05/01/42	$1,125,000.00	$0.00	$28,828.13	$28,828.13	
11/01/42	$1,125,000.00	$140,000.00	$28,828.13	$168,828.13	
05/01/43	$985,000.00	$0.00	$25,240.63	$25,240.63	
11/01/43	$985,000.00	$145,000.00	$25,240.63	$170,240.63	
05/01/44	$840,000.00	$0.00	$21,525.00	$21,525.00	
11/01/44	$840,000.00	$150,000.00	$21,525.00	$171,525.00	
05/01/45	$690,000.00	$0.00	$17,681.25	$17,681.25	
11/01/45	$690,000.00	$160,000.00	$17,681.25	$177,681.25	
05/01/46	$530,000.00	$0.00	$13,581.25	$13,581.25	
11/01/46	$530,000.00	$170,000.00	$13,581.25	$183,581.25	
05/01/47	$360,000.00	$0.00	$9,225.00	$9,225.00	
11/01/47	$360,000.00	$175,000.00	$9,225.00	$184,225.00	
05/01/48	$185,000.00	$0.00	$4,740.63	$4,740.63	
11/01/48	$185,000.00	$185,000.00	$4,740.63	$189,740.63	
TOTAL		$2,800,000.00	$2,225,056.25	$5,025,056.25	

Debt Service Fund	
Series 2020 Special Assessment Bonds	

Adopted	
Budget	
FY 2023	

Actual	
Thru	
7/31/2023	

Projected	
Next	
2 Months	

Total	
Projected	
9/30/2023	

Adopted	
Budget	
FY 2024	

Description

Revenues	
Carry Forward Surplus (1)	
Special Assessments-Pod C-On Roll	
Special Assessments-Pod D-On Roll	
Special Assessments-Pod E-On Roll	
Special Assessments-Pod D-Direct Bill	
Special Assessments-Pod E-Direct Bill	
Interest Income	

$264,357	$268,052	
$216,001	$217,084	
$0	$3,349	
$0	$0	
$305,354	$279,892	
$213,642	$145,358	
$0	$18,053	

$0	
$0	
$0	
$0	
$0	
$68,284	
$2,800	

$268,052	
$217,084	
$3,349	
$0	
$279,892	
$213,642	
$20,853	

$281,763	
$216,009	
$273,700	
$27,530	
$31,654	
$213,049	
$10,000	

$999,354		$931,787	

$71,084		$1,002,871		$1,053,705	

TOTAL REVENUES

Expenditures

Series 2020 - Pod C	
Interest - 11/01	
Interest - 05/01	
Principal - 05/01	

$69,034	
$69,034	
$75,000	

$69,034	
$69,034	
$75,000	

$0	$69,034	
($0)	$69,034	
$0	$75,000	

$67,956	
$67,956	
$80,000	

Series 2020 - Pod D	
Interest - 11/01	
Interest - 05/01	
Principal - 05/01	

$90,775	
$90,775	
$100,000	

$90,775	
$90,775	
$100,000	

$0	$90,775	
$0	$90,775	
$0	$100,000	

$89,338	
$89,338	
$105,000	

Series 2020 - Pod E	
Interest - 11/01	
Interest - 05/01	
Principal - 05/01	

$68,472	
$68,472	
$75,000	

$68,472	
$68,472	
$75,000	

$0	$68,472	
($0)	$68,472	
$0	$75,000	

$67,394	
$67,394	
$80,000	

TOTAL EXPENDITURES	$706,563		$706,563	
($0)	$706,563		$714,375	

Other Financing Sources/(Uses)

Interfund Transfer In/(Out)	

$0		

($11,746)		

($2,800)		

($14,546)		

($10,000)	
Total Other Financing Sources/(Uses)	$0		($11,746)		($2,800)		($14,546)		($10,000)	
										
EXCESS REVENUES/EXPENDITURES	$292,791		$213,479		$68,284		$281,763		$329,330	

Pod C Interest - 11/1/24	
Pod D Interest - 11/1/24	
Pod E Interest - 11/1/24	
TOTAL	

$66,806	
$87,828	
$66,244	
$220,878	

(1) Carry forward surplus is net of the reserve requirement

Debt Service Fund	
Series 2020 Special Assessment Bonds	

Assessments Table

Verano #2 Pod C Series 2020	
On Roll Units	Amount	Total
Description	per unit*	On Roll

40's	87	$1,087.00	$94,569.00
 50's			129			$1,087.00			$140,223.00 
Total Residential	216		Gross Assessments		$234,792.00 Less: Discount & Collections 8%			($18,783.36)
Net Assessments	$216,008.64	

	

	

	

	

	

	

	

	

	

	

	

Verano #2 Pod D Series 2020
On Roll	Amount	Total
Description	Units	per unit*	On Roll	

40's	41	$1,176.09
50's	93	$1,352.17
60's	52	$1,564.13
70's	25	$1,687.74
 80's			0			$1,810.87	
Total Residential	211		Gross Assessments Less: Discount & Collections 8%
Net Assessments	
$48,219.69
$125,751.81
$81,334.76
$42,193.50
	$0.00 
$297,499.76
	($23,799.98)
$273,699.78	

	

	

	

	

	

Verano #2 Pod E Series 2020
On Roll	Amount	Total
Description	Units	per unit*	On Roll	

40's	1	$1,021.74
50's	6	$1,175.00
60's	15	$1,358.70
70"s	1	$1,471.31
 Manor/Duplex				0				$909.78	 Total Residential			23		Gross Assessments Less: Discount & Collections 8%
Net Assessments	
$1,021.74
$7,050.00
$20,380.50
$1,471.31
	$0.00 
$29,923.55
	($2,393.88)
$27,529.67	

	

	

	

	

	

Verano #2 Pod E Series 2020
Direct Billed	Amount
Description	Units	per unit*	Direct Billed	

40's	39	$1,021.74
50's	91	$1,175.00
60's	57	$1,358.70
70"s	5	$1,471.31
 Manor/Duplex				0				$909.78	 Total Residential			192		Gross Assessments Less: Discount & Collections 8%
Net Assessments	
$39,847.86
$106,925.00
$77,445.90
$7,356.55
	$0.00 
$231,575.31
	($18,526.02)
$213,049.29	

Debt Service Fund	
Series 2020 Special Assessment Bonds	

	

	

Verano #2 Pod D Series 2020
On Roll Units	Amount	Total
Description	per unit*	On Roll	

40's	0	$1,176.09
50's	0	$1,352.17
60's	0	$1,564.13
 80's			19			$1,810.87	
Total Residential	19		Gross Assessments Less: Discount & Collections 8%
Net Assessments	
$0.00
$0.00
$0.00
	$34,406.53 
$34,406.53
	($2,752.52)
$31,654.01	

	

	

	

* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

AMORTIZATION SCHEDULE	
Series 2020 Pod C Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$3,545,000.00	$0.00	$67,956.25	$67,956.25	
05/01/24	$3,545,000.00	$80,000.00	$67,956.25	$147,956.25	
11/01/24	$3,465,000.00	$0.00	$66,806.25	$66,806.25	
05/01/25	$3,465,000.00	$80,000.00	$66,806.25	$146,806.25	
11/01/25	$3,385,000.00	$0.00	$65,656.25	$65,656.25	
05/01/26	$3,385,000.00	$85,000.00	$65,656.25	$150,656.25	
11/01/26	$3,300,000.00	$0.00	$64,275.00	$64,275.00	
05/01/27	$3,300,000.00	$85,000.00	$64,275.00	$149,275.00	
11/01/27	$3,215,000.00	$0.00	$62,893.75	$62,893.75	
05/01/28	$3,215,000.00	$90,000.00	$62,893.75	$152,893.75	
11/01/28	$3,125,000.00	$0.00	$61,431.25	$61,431.25	
05/01/29	$3,125,000.00	$90,000.00	$61,431.25	$151,431.25	
11/01/29	$3,035,000.00	$0.00	$59,968.75	$59,968.75	
05/01/30	$3,035,000.00	$95,000.00	$59,968.75	$154,968.75	
11/01/30	$2,940,000.00	$0.00	$58,425.00	$58,425.00	
05/01/31	$2,940,000.00	$100,000.00	$58,425.00	$158,425.00	
11/01/31	$2,840,000.00	$0.00	$56,800.00	$56,800.00	
05/01/32	$2,840,000.00	$100,000.00	$56,800.00	$156,800.00	
11/01/32	$2,740,000.00	$0.00	$54,800.00	$54,800.00	
05/01/33	$2,740,000.00	$105,000.00	$54,800.00	$159,800.00	
11/01/33	$2,635,000.00	$0.00	$52,700.00	$52,700.00	
05/01/34	$2,635,000.00	$110,000.00	$52,700.00	$162,700.00	
11/01/34	$2,525,000.00	$0.00	$50,500.00	$50,500.00	
05/01/35	$2,525,000.00	$115,000.00	$50,500.00	$165,500.00	
11/01/35	$2,410,000.00	$0.00	$48,200.00	$48,200.00	
05/01/36	$2,410,000.00	$120,000.00	$48,200.00	$168,200.00	
11/01/36	$2,290,000.00	$0.00	$45,800.00	$45,800.00	
05/01/37	$2,290,000.00	$125,000.00	$45,800.00	$170,800.00	
11/01/37	$2,165,000.00	$0.00	$43,300.00	$43,300.00	
05/01/38	$2,165,000.00	$130,000.00	$43,300.00	$173,300.00	
11/01/38	$2,035,000.00	$0.00	$40,700.00	$40,700.00	
05/01/39	$2,035,000.00	$135,000.00	$40,700.00	$175,700.00	
11/01/39	$1,900,000.00	$0.00	$38,000.00	$38,000.00	
05/01/40	$1,900,000.00	$140,000.00	$38,000.00	$178,000.00	
11/01/40	$1,760,000.00	$0.00	$35,200.00	$35,200.00	
05/01/41	$1,760,000.00	$145,000.00	$35,200.00	$180,200.00	
11/01/41	$1,615,000.00	$0.00	$32,300.00	$32,300.00	
05/01/42	$1,615,000.00	$150,000.00	$32,300.00	$182,300.00	
11/01/42	$1,465,000.00	$0.00	$29,300.00	$29,300.00	
05/01/43	$1,465,000.00	$160,000.00	$29,300.00	$189,300.00	
11/01/43	$1,305,000.00	$0.00	$26,100.00	$26,100.00	
05/01/44	$1,305,000.00	$165,000.00	$26,100.00	$191,100.00	
11/01/44	$1,140,000.00	$0.00	$22,800.00	$22,800.00	
05/01/45	$1,140,000.00	$170,000.00	$22,800.00	$192,800.00	
11/01/45	$970,000.00	$0.00	$19,400.00	$19,400.00	
05/01/46	$970,000.00	$180,000.00	$19,400.00	$199,400.00	
11/01/46	$790,000.00	$0.00	$15,800.00	$15,800.00	
05/01/47	$790,000.00	$185,000.00	$15,800.00	$200,800.00	
11/01/47	$605,000.00	$0.00	$12,100.00	$12,100.00	
05/01/48	$605,000.00	$195,000.00	$12,100.00	$207,100.00	
11/01/48	$410,000.00	$0.00	$8,200.00	$8,200.00	
05/01/49	$410,000.00	$200,000.00	$8,200.00	$208,200.00	
11/01/49	$210,000.00	$0.00	$4,200.00	$4,200.00	
05/01/50	$210,000.00	$210,000.00	$4,200.00	$214,200.00	
TOTAL		$3,545,000.00	$2,287,225.00	$5,832,225.00	

AMORTIZATION SCHEDULE	
Series 2020 Pod D Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$4,660,000.00	$0.00	$89,337.50	$89,337.50	
05/01/24	$4,660,000.00	$105,000.00	$89,337.50	$194,337.50	
11/01/24	$4,555,000.00	$0.00	$87,828.13	$87,828.13	
05/01/25	$4,555,000.00	$105,000.00	$87,828.13	$192,828.13	
11/01/25	$4,450,000.00	$0.00	$86,318.75	$86,318.75	
05/01/26	$4,450,000.00	$110,000.00	$86,318.75	$196,318.75	
11/01/26	$4,340,000.00	$0.00	$84,531.25	$84,531.25	
05/01/27	$4,340,000.00	$115,000.00	$84,531.25	$199,531.25	
11/01/27	$4,225,000.00	$0.00	$82,662.50	$82,662.50	
05/01/28	$4,225,000.00	$115,000.00	$82,662.50	$197,662.50	
11/01/28	$4,110,000.00	$0.00	$80,793.75	$80,793.75	
05/01/29	$4,110,000.00	$120,000.00	$80,793.75	$200,793.75	
11/01/29	$3,990,000.00	$0.00	$78,843.75	$78,843.75	
05/01/30	$3,990,000.00	$125,000.00	$78,843.75	$203,843.75	
11/01/30	$3,865,000.00	$0.00	$76,812.50	$76,812.50	
05/01/31	$3,865,000.00	$130,000.00	$76,812.50	$206,812.50	
11/01/31	$3,735,000.00	$0.00	$74,700.00	$74,700.00	
05/01/32	$3,735,000.00	$135,000.00	$74,700.00	$209,700.00	
11/01/32	$3,600,000.00	$0.00	$72,000.00	$72,000.00	
05/01/33	$3,600,000.00	$140,000.00	$72,000.00	$212,000.00	
11/01/33	$3,460,000.00	$0.00	$69,200.00	$69,200.00	
05/01/34	$3,460,000.00	$145,000.00	$69,200.00	$214,200.00	
11/01/34	$3,315,000.00	$0.00	$66,300.00	$66,300.00	
05/01/35	$3,315,000.00	$150,000.00	$66,300.00	$216,300.00	
11/01/35	$3,165,000.00	$0.00	$63,300.00	$63,300.00	
05/01/36	$3,165,000.00	$155,000.00	$63,300.00	$218,300.00	
11/01/36	$3,010,000.00	$0.00	$60,200.00	$60,200.00	
05/01/37	$3,010,000.00	$165,000.00	$60,200.00	$225,200.00	
11/01/37	$2,845,000.00	$0.00	$56,900.00	$56,900.00	
05/01/38	$2,845,000.00	$170,000.00	$56,900.00	$226,900.00	
11/01/38	$2,675,000.00	$0.00	$53,500.00	$53,500.00	
05/01/39	$2,675,000.00	$175,000.00	$53,500.00	$228,500.00	
11/01/39	$2,500,000.00	$0.00	$50,000.00	$50,000.00	
05/01/40	$2,500,000.00	$185,000.00	$50,000.00	$235,000.00	
11/01/40	$2,315,000.00	$0.00	$46,300.00	$46,300.00	
05/01/41	$2,315,000.00	$190,000.00	$46,300.00	$236,300.00	
11/01/41	$2,125,000.00	$0.00	$42,500.00	$42,500.00	
05/01/42	$2,125,000.00	$200,000.00	$42,500.00	$242,500.00	
11/01/42	$1,925,000.00	$0.00	$38,500.00	$38,500.00	
05/01/43	$1,925,000.00	$210,000.00	$38,500.00	$248,500.00	
11/01/43	$1,715,000.00	$0.00	$34,300.00	$34,300.00	
05/01/44	$1,715,000.00	$215,000.00	$34,300.00	$249,300.00	
11/01/44	$1,500,000.00	$0.00	$30,000.00	$30,000.00	
05/01/45	$1,500,000.00	$225,000.00	$30,000.00	$255,000.00	
11/01/45	$1,275,000.00	$0.00	$25,500.00	$25,500.00	
05/01/46	$1,275,000.00	$235,000.00	$25,500.00	$260,500.00	
11/01/46	$1,040,000.00	$0.00	$20,800.00	$20,800.00	
05/01/47	$1,040,000.00	$245,000.00	$20,800.00	$265,800.00	
11/01/47	$795,000.00	$0.00	$15,900.00	$15,900.00	
05/01/48	$795,000.00	$255,000.00	$15,900.00	$270,900.00	
11/01/48	$540,000.00	$0.00	$10,800.00	$10,800.00	
05/01/49	$540,000.00	$265,000.00	$10,800.00	$275,800.00	
11/01/49	$275,000.00	$0.00	$5,500.00	$5,500.00	
05/01/50	$275,000.00	$275,000.00	$5,500.00	$280,500.00	
TOTAL		$4,660,000.00	$3,006,656.25	$7,666,656.25	

AMORTIZATION SCHEDULE	
Series 2020 Pod E Special Assessment Bonds	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/23	$3,515,000.00	$0.00	$67,393.75	$67,393.75	
05/01/24	$3,515,000.00	$80,000.00	$67,393.75	$147,393.75	
11/01/24	$3,435,000.00	$0.00	$66,243.75	$66,243.75	
05/01/25	$3,435,000.00	$80,000.00	$66,243.75	$146,243.75	
11/01/25	$3,355,000.00	$0.00	$65,093.75	$65,093.75	
05/01/26	$3,355,000.00	$80,000.00	$65,093.75	$145,093.75	
11/01/26	$3,275,000.00	$0.00	$63,793.75	$63,793.75	
05/01/27	$3,275,000.00	$85,000.00	$63,793.75	$148,793.75	
11/01/27	$3,190,000.00	$0.00	$62,412.50	$62,412.50	
05/01/28	$3,190,000.00	$90,000.00	$62,412.50	$152,412.50	
11/01/28	$3,100,000.00	$0.00	$60,950.00	$60,950.00	
05/01/29	$3,100,000.00	$90,000.00	$60,950.00	$150,950.00	
11/01/29	$3,010,000.00	$0.00	$59,487.50	$59,487.50	
05/01/30	$3,010,000.00	$95,000.00	$59,487.50	$154,487.50	
11/01/30	$2,915,000.00	$0.00	$57,943.75	$57,943.75	
05/01/31	$2,915,000.00	$95,000.00	$57,943.75	$152,943.75	
11/01/31	$2,820,000.00	$0.00	$56,400.00	$56,400.00	
05/01/32	$2,820,000.00	$100,000.00	$56,400.00	$156,400.00	
11/01/32	$2,720,000.00	$0.00	$54,400.00	$54,400.00	
05/01/33	$2,720,000.00	$105,000.00	$54,400.00	$159,400.00	
11/01/33	$2,615,000.00	$0.00	$52,300.00	$52,300.00	
05/01/34	$2,615,000.00	$110,000.00	$52,300.00	$162,300.00	
11/01/34	$2,505,000.00	$0.00	$50,100.00	$50,100.00	
05/01/35	$2,505,000.00	$115,000.00	$50,100.00	$165,100.00	
11/01/35	$2,390,000.00	$0.00	$47,800.00	$47,800.00	
05/01/36	$2,390,000.00	$120,000.00	$47,800.00	$167,800.00	
11/01/36	$2,270,000.00	$0.00	$45,400.00	$45,400.00	
05/01/37	$2,270,000.00	$125,000.00	$45,400.00	$170,400.00	
11/01/37	$2,145,000.00	$0.00	$42,900.00	$42,900.00	
05/01/38	$2,145,000.00	$130,000.00	$42,900.00	$172,900.00	
11/01/38	$2,015,000.00	$0.00	$40,300.00	$40,300.00	
05/01/39	$2,015,000.00	$135,000.00	$40,300.00	$175,300.00	
11/01/39	$1,880,000.00	$0.00	$37,600.00	$37,600.00	
05/01/40	$1,880,000.00	$140,000.00	$37,600.00	$177,600.00	
11/01/40	$1,740,000.00	$0.00	$34,800.00	$34,800.00	
05/01/41	$1,740,000.00	$145,000.00	$34,800.00	$179,800.00	
11/01/41	$1,595,000.00	$0.00	$31,900.00	$31,900.00	
05/01/42	$1,595,000.00	$150,000.00	$31,900.00	$181,900.00	
11/01/42	$1,445,000.00	$0.00	$28,900.00	$28,900.00	
05/01/43	$1,445,000.00	$155,000.00	$28,900.00	$183,900.00	
11/01/43	$1,290,000.00	$0.00	$25,800.00	$25,800.00	
05/01/44	$1,290,000.00	$165,000.00	$25,800.00	$190,800.00	
11/01/44	$1,125,000.00	$0.00	$22,500.00	$22,500.00	
05/01/45	$1,125,000.00	$170,000.00	$22,500.00	$192,500.00	
11/01/45	$955,000.00	$0.00	$19,100.00	$19,100.00	
05/01/46	$955,000.00	$175,000.00	$19,100.00	$194,100.00	
11/01/46	$780,000.00	$0.00	$15,600.00	$15,600.00	
05/01/47	$780,000.00	$185,000.00	$15,600.00	$200,600.00	
11/01/47	$595,000.00	$0.00	$11,900.00	$11,900.00	
05/01/48	$595,000.00	$190,000.00	$11,900.00	$201,900.00	
11/01/48	$405,000.00	$0.00	$8,100.00	$8,100.00	
05/01/49	$405,000.00	$200,000.00	$8,100.00	$208,100.00	
11/01/49	$205,000.00	$0.00	$4,100.00	$4,100.00	
05/01/50	$205,000.00	$205,000.00	$4,100.00	$209,100.00	
TOTAL		$3,515,000.00	$2,266,437.50	$5,781,437.50