Sandmine Road
Community Development District

Proposed Budget
FY2025

Table of Contents

1-2	General Fund	

3-5	

General Fund Narrative	

6	

Capital Reserve Fund	

7	

Series 2020 Debt Service Fund	

8	

Series 2020 Amortization Schedule	

9	

Series 2021 Debt Service Fund	

10	

Series 2021 Amortization Schedule	

11	

Series 2022 Debt Service Fund	

12	

Series 2022 Amortization Schedule	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	368,473	$	327,751	$	40,722	$	368,473	$	368,473	
Carryforward	$	-	$	189,500	$	-	$	189,500	$	-	
Total Revenues	$	368,473	$	517,251	$	40,722	$	557,973	$	368,473	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	-	$	5,000	$	5,000	$	12,000	
FICA Expense	$	918	$	-	$	383	$	383	$	918	
Engineering	$	12,000	$	1,050	$	6,600	$	7,650	$	12,000	
Attorney	$	25,000	$	7,532	$	10,544	$	18,076	$	25,000	
Annual Audit	$	7,000	$	-	$	3,500	$	3,500	$	7,000	
Arbitrage Fees	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Dissemination Fees	$	10,500	$	5,250	$	5,250	$	10,500	$	11,025	
Assessment Administration	$	5,300	$	5,300	$	-	$	5,300	$	5,565	
Trustee Fees	$	12,123	$	12,122	$	-	$	12,122	$	12,123	
Management Fees	$	40,124	$	20,062	$	20,062	$	40,124	$	45,000	
Information Technology	$	1,325	$	663	$	663	$	1,325	$	1,392	
Website Maintenance	$	663	$	332	$	332	$	663	$	697	
Telephone	$	300	$	-	$	50	$	50	$	300	
Postage	$	1,000	$	339	$	102	$	441	$	1,000	
Printing & Binding	$	200	$	-	$	50	$	50	$	200	
Office Supplies	$	100	$	1	$	25	$	26	$	100	
Insurance	$	6,695	$	5,785	$	-	$	5,785	$	6,363	
Legal Advertising	$	5,000	$	5	$	1,049	$	1,054	$	5,000	
Other Current Charges	$	1,000	$	271	$	300	$	571	$	1,000	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	142,773	$	60,236	$	53,908	$	114,145	$	148,208	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	
Operations & Maintenance						
Field Expenditures						
Property Insurance	$	7,500	$	-	$	-	$	-	$	7,500	
Field Management	$	15,000	$	7,500	$	7,500	$	15,000	$	15,750	
Landscape Maintenance	$	102,700	$	45,450	$	45,450	$	90,900	$	102,700	
Landscape Replacement	$	5,000	$	-	$	2,500	$	2,500	$	10,000	
Electric	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
Water & Sewer	$	36,000	$	1,828	$	8,117	$	9,944	$	36,000	
Fountain Maintenance	$	7,000	$	2,600	$	2,600	$	5,200	$	7,000	
Irrigation Repairs	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
General Repairs & Maintenance	$	5,000	$	-	$	2,500	$	2,500	$	7,500	
Wall Maintenance	$	10,000	$	5,700	$	1,300	$	7,000	$	10,000	
Contingency	$	2,500	$	-	$	1,250	$	1,250	$	5,000	
Subtotal Field Expenditures	$	200,700	$	63,078	$	76,217	$	139,294	$	211,450	

Other Expenditures						
Capital Reserves - Transfer	$	25,000	$	-	$	304,534	$	304,534	$	8,815	
Total Other Expenditures	$	25,000	$	-	$	304,534	$	304,534	$	8,815	
						
Total Expenditures	$	368,473	$	123,314	$	434,659	$	557,973	$	368,473	
						
Excess Revenues/(Expenditures)	$	-	$	393,937	$  (393,937)	$	0	$	-	

Product	Assessable Units	Net Assessment	
Net Per Unit (7%)	
Gross Per Unit	
Tax Roll					
Townhouse - 25'	272	$	111,857.87	$	411.24	$	442.20	
Single Family - 40'	245	$	107,471.29	$	438.66	$	471.68	
Single Family - 50'	272	$	149,143.83	$	548.32	$	589.59	
Total Tax Roll	789	$	368,473			

Product	FY2025 Gross Per Unit	FY2024 Gross Per Unit	Increase/ (Decrease)	
Townhouse - 25'	$	442.20	$	442.20	$	-	
Single Family - 40'	$	471.68	$	471.68	$	-	
Single Family - 50'	$	589.59	$	589.59	$	-	

Sandmine Road Community Development District
General Fund Budget

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

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.

FICA Expense

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

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc.

Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.

Annual Audit

The district is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Arbitrage Fees

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Special Assessment Bond.

Dissemination Fees

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional report requirements for unrated bond issues.

Trustee Fees

The District will pay annual fees for Series 2020, 2021, and 2022 Special Assessment Revenue Bonds that are deposited with a Trustee at US Bank, N.A.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services.

Information Technology

Represents costs related to the District’s accounting and information systems, District’s website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Website Maintenance

Represents 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 agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Office Supplies

Miscellaneous office supplies.

Insurance

The District’s general liability, public officials liability and property insurance coverages.

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.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenses:

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Exclusive Landscaping	
$ 82,800.00	
Toole's Tractor Services	$	8,100.00	
Toole's Tractor Services - Additional Pond	$	1,800.00	
Miscellaneous	  $ 10,000.00 	
	$102,700.00	

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Fountain Maintenance

Represents the estimated costs of maintaining the fountains for the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Capital Reserve Fund

Adopted Budget	Actual Through	Projected Next	Projected Through	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	

Revenues

Carry Forward Surplus

$	-	$	-	$

-	$	-	$

304,534

Total Revenues	$	-	$	-	$	-	$	-	$	304,534

Expenses

Capital Outlay

$	-	$	-	$

-	$	-	$	-

Total Expenditures	$	-	$	-	$	-	$	-	$	-

Other Financing Sources

Transfer In/(Out)	$	25,000	$	-	$	304,534	$  304,534	$	8,815	
Total Other Financing Sources (Uses)	$	25,000	$	-	$	304,534	$ 304,534	$	8,815	
					
Excess Revenues/(Expenditures)	$	25,000	$	-	$	304,534	$  304,534	$	313,349	

Debt Service Fund Series 2020

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	

Revenues						
Assessments - On Roll	$	363,719	$	323,521	$	40,198	$	363,719	$	363,719	
Interest	$	-	$	6,019	$	6,019	$	12,038	$	6,019	
Carry Forward Surplus (1)	$	131,934	$	131,092	$	-	$	131,092	$	141,364	
Total Revenues	$	495,653	$	460,632	$	46,217	$	506,849	$	511,102	

Expenditures						
Interest - 11/1	$	110,566	$	110,566	$	-	$	110,566	$	108,728	
Principal - 5/1	$	140,000	$	-	$	140,000	$	140,000	$	145,000	
Interest - 5/1	$	110,566	$	-	$	110,566	$	110,566	$	108,728	
Total Expenditures	$	361,131	$	110,566	$	250,566	$	361,131	$	362,456	
Other Sources/(Uses)						
Transfer In/Out	$	-	$	(4,354)	$	-	$	(4,354)	$	-	
Total Other Sources/(Uses)	$	-	$	(4,354)	$	-	$	(4,354)	$	-	
						
Excess Revenues/(Expenditures)	$	134,522	$	345,712	$	(204,349)	$	141,364	$	148,646	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

106,825.00

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Townhouse - 25'	122	$	88,989	$	729.42	$	784.32	
Single Family - 40'	92	$	122,052	$	1,326.65	$	1,426.51	
Single Family - 50'	92	$	152,678	$	1,659.54	$	1,784.45	
Total Tax Roll	306	$	363,719			

Date	Balance	Principal	Interest	Total

Series 2020 Special Assessment Bonds AMORTIZATION SCHEDULE

11/01/24	$	6,045,000.00	$	
05/01/25	$	6,045,000.00	$	145	
11/01/25	$	5,900,000.00	$	
05/01/26	$	5,900,000.00	$	150	
11/01/26	$	5,750,000.00	$	
05/01/27	$	5,750,000.00	$	155	
11/01/27	$	5,595,000.00	$	
05/01/28	$	5,595,000.00	$	160	
11/01/28	$	5,435,000.00	$	
05/01/29	$	5,435,000.00	$	165	
11/01/29	$	5,270,000.00	$	
05/01/30	$	5,270,000.00	$	170	
11/01/30	$	5,100,000.00	$	
05/01/31	$	5,100,000.00	$	175	
11/01/31	$	4,925,000.00	$	
05/01/32	$	4,925,000.00	$	180	
11/01/32	$	4,745,000.00	$	
05/01/33	$	4,745,000.00	$	190	
11/01/33	$	4,555,000.00	$	
05/01/34	$	4,555,000.00	$	195	
11/01/34	$	4,360,000.00	$	
05/01/35	$	4,360,000.00	$	205	
11/01/35	$	4,155,000.00	$	
05/01/36	$	4,155,000.00	$	210	
11/01/36	$	3,945,000.00	$	
05/01/37	$	3,945,000.00	$	220	
11/01/37	$	3,725,000.00	$	
05/01/38	$	3,725,000.00	$	225	
11/01/38	$	3,500,000.00	$	
05/01/39	$	3,500,000.00	$	235	
11/01/39	$	3,265,000.00	$	
05/01/40	$	3,265,000.00	$	245	
11/01/40	$	3,020,000.00	$	
05/01/41	$	3,020,000.00	$	255	
11/01/41	$	2,765,000.00	$	
05/01/42	$	2,765,000.00	$	265	
11/01/42	$	2,500,000.00	$	
05/01/43	$	2,500,000.00	$	275	
11/01/43	$	2,225,000.00	$	
05/01/44	$	2,225,000.00	$	285	
11/01/44	$	1,940,000.00	$	
05/01/45	$	1,940,000.00	$	295	
11/01/45	$	1,645,000.00	$	
05/01/46	$	1,645,000.00	$	305	
11/01/46	$	1,340,000.00	$	
05/01/47	$	1,340,000.00	$	315	
11/01/47	$	1,025,000.00	$	
05/01/48	$	1,025,000.00	$	330	
11/01/48	$	695,000.00	$	
05/01/49	$	695,000.00	$	340	
11/01/49	$	355,000.00	$	
05/01/50	$	355,000.00	$	355	
			$	6,045	

$	108,728.13	$	359,293.75	
$	108,728.13	$	-	
$	106,825.00	$	360,553.13	
$	106,825.00	$	-	
$	104,481.25	$	361,306.25	
$	104,481.25	$	-	
$	102,059.38	$	361,540.63	
$	102,059.38	$	-	
$	99,559.38	$	361,618.75	
$	99,559.38	$	-	
$	96,981.25	$	361,540.63	
$	96,981.25	$	-	
$	94,325.00	$	361,306.25	
$	94,325.00	$	-	
$	91,153.13	$	360,478.13	
$	91,153.13	$	-	
$	87,890.63	$	359,043.75	
$	87,890.63	$	-	
$	84,446.88	$	362,337.50	
$	84,446.88	$	-	
$	80,912.50	$	360,359.38	
$	80,912.50	$	-	
$	77,196.88	$	363,109.38	
$	77,196.88	$	-	
$	73,390.63	$	360,587.50	
$	73,390.63	$	-	
$	69,403.13	$	362,793.75	
$	69,403.13	$	-	
$	65,325.00	$	359,728.13	
$	65,325.00	$	-	
$	61,065.63	$	361,390.63	
$	61,065.63	$	-	
$	56,625.00	$	362,690.63	
$	56,625.00	$	-	
$	51,843.75	$	363,468.75	
$	51,843.75	$	-	
$	46,875.00	$	363,718.75	
$	46,875.00	$	-	
$	41,718.75	$	363,593.75	
$	41,718.75	$	-	
$	36,375.00	$	363,093.75	
$	36,375.00	$	-	
$	30,843.75	$	362,218.75	
$	30,843.75	$	-	
$	25,125.00	$	360,968.75	
$	25,125.00	$	-	
$	19,218.75	$	359,343.75	
$	19,218.75	$	-	
$	13,031.25	$	362,250.00	
$	13,031.25	$	-	
$	6,656.25	$	359,687.50	
$	6,656.25	$	361,656.25	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00	$

3,910,050.12	$

10,484,225.12

Proposed Budget
Debt Service Fund Series 2021

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	

Revenues						
Assessments - On Roll	$	419,274	$	372,937	$	46,337	$	419,274	$	419,274	
Interest	$	-	$	8,105	$	8,105	$	16,210	$	8,105	
Carry Forward Surplus (1)	$	305,365	$	305,882	$	-	$	305,882	$	321,747	
Total Revenues	$	724,639	$	686,924	$	54,442	$	741,366	$	749,126	

Expenditures						
Interest - 11/1	$	128,220	$	128,220	$	-	$	128,220	$	126,380	
Principal - 11/1	$	160,000	$	160,000	$	-	$	160,000	$	165,000	
Interest - 5/1	$	126,380	$	-	$	126,380	$	126,380	$	124,483	
Total Expenditures	$	414,600	$	288,220	$	126,380	$	414,600	$	415,863	
Other Sources/(Uses)						

Transfer In/Out	$	-	$	(5,019)	
$	-	
$	(5,019)	
$	-	
Total Other Sources/(Uses)	$	-	$	(5,019)	$	-	$	(5,019)	$	-	

Excess Revenues/(Expenditures)	$	310,039	$	393,685	$	(71,938)  $

321,747	$	333,264

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

124,482.50

Principal - 11/1  $	170,000.00 
Total  $	294,482.50 

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Townhouse - 25'	72	$	52,530	$	729.58	$	784.50	
Single Family - 40'	105	$	139,332	$	1,326.97	$	1,426.85	
Single Family - 50'	137	$	227,412	$	1,659.94	$	1,784.88	
Total Tax Roll	314	$	419,274			

Sandmine Road Community Development District Series 2021 Special Assessment Bonds
Amortization Schedule

Date	Balance	Principal	Interest	Total

11/01/24	$	7,180,000.00	$	165	
05/01/25	$	7,015,000.00	$	
11/01/25	$	7,015,000.00	$	170	
05/01/26	$	6,845,000.00	$	
11/01/26	$	6,845,000.00	$	170	
05/01/27	$	6,675,000.00	$	
11/01/27	$	6,675,000.00	$	175	
05/01/28	$	6,500,000.00	$	
11/01/28	$	6,500,000.00	$	180	
05/01/29	$	6,320,000.00	$	
11/01/29	$	6,320,000.00	$	185	
05/01/30	$	6,135,000.00	$	
11/01/30	$	6,135,000.00	$	190	
05/01/31	$	5,945,000.00	$	
11/01/31	$	5,945,000.00	$	200	
05/01/32	$	5,745,000.00	$	
11/01/32	$	5,745,000.00	$	205	
05/01/33	$	5,540,000.00	$	
11/01/33	$	5,540,000.00	$	210	
05/01/34	$	5,330,000.00	$	
11/01/34	$	5,330,000.00	$	215	
05/01/35	$	5,115,000.00	$	
11/01/35	$	5,115,000.00	$	225	
05/01/36	$	4,890,000.00	$	
11/01/36	$	4,890,000.00	$	230	
05/01/37	$	4,660,000.00	$	
11/01/37	$	4,660,000.00	$	240	
05/01/38	$	4,420,000.00	$	
11/01/38	$	4,420,000.00	$	245	
05/01/39	$	4,175,000.00	$	
11/01/39	$	4,175,000.00	$	255	
05/01/40	$	3,920,000.00	$	
11/01/40	$	3,920,000.00	$	265	
05/01/41	$	3,655,000.00	$	
11/01/41	$	3,655,000.00	$	275	
05/01/42	$	3,380,000.00	$	
11/01/42	$	3,380,000.00	$	280	
05/01/43	$	3,100,000.00	$	
11/01/43	$	3,100,000.00	$	295	
05/01/44	$	2,805,000.00	$	
11/01/44	$	2,805,000.00	$	305	
05/01/45	$	2,500,000.00	$	
11/01/45	$	2,500,000.00	$	315	
05/01/46	$	2,185,000.00	$	
11/01/46	$	2,185,000.00	$	330	
05/01/47	$	1,855,000.00	$	
11/01/47	$	1,855,000.00	$	345	
05/01/48	$	1,510,000.00	$	
11/01/48	$	1,510,000.00	$	355	
05/01/49	$	1,155,000.00	$	
11/01/49	$	1,155,000.00	$	370	
05/01/50	$	785,000.00	$	
11/01/50	$	785,000.00	$	385	
05/01/51	$	400,000.00	$	
11/01/51	$	400,000.00	$	400	
			$	7,180	

$	126,380.00	$	417,760.00	
$	124,482.50		
$	124,482.50	$	418,965.00	
$	122,527.50		
$	122,527.50	$	415,055.00	
$	120,572.50		
$	120,572.50	$	416,145.00	
$	117,947.50		
$	117,947.50	$	415,895.00	
$	115,247.50		
$	115,247.50	$	415,495.00	
$	112,472.50		
$	112,472.50	$	414,945.00	
$	109,622.50		
$	109,622.50	$	419,245.00	
$	106,622.50		
$	106,622.50	$	418,245.00	
$	103,240.00		
$	103,240.00	$	416,480.00	
$	99,775.00		
$	99,775.00	$	414,550.00	
$	96,227.50		
$	96,227.50	$	417,455.00	
$	92,515.00		
$	92,515.00	$	415,030.00	
$	88,720.00		
$	88,720.00	$	417,440.00	
$	84,760.00		
$	84,760.00	$	414,520.00	
$	80,717.50		
$	80,717.50	$	416,435.00	
$	76,510.00		
$	76,510.00	$	418,020.00	
$	72,137.50		
$	72,137.50	$	419,275.00	
$	67,600.00		
$	67,600.00	$	415,200.00	
$	62,000.00		
$	62,000.00	$	419,000.00	
$	56,100.00		
$	56,100.00	$	417,200.00	
$	50,000.00		
$	50,000.00	$	415,000.00	
$	43,700.00		
$	43,700.00	$	417,400.00	
$	37,100.00		
$	37,100.00	$	419,200.00	
$	30,200.00		
$	30,200.00	$	415,400.00	
$	23,100.00		
$	23,100.00	$	416,200.00	
$	15,700.00		
$	15,700.00	$	416,400.00	
$	8,000.00		
$	8,000.00	$	416,000.00	

,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

4,874,397.50  $

12,502,288.94

Sandmine Road
Community Development District Proposed Budget
Debt Service Fund Series 2022

Proposed Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY2025	

Revenues						
Assessments - Direct	$	191,938	$	170,725	$	21,213	$	191,938	$	191,938	
Interest	$	-	$	3,497	$	3,497	$	6,994	$	3,497	
Carry Forward Surplus (1)	$	116,910	$	116,811	$	-	$	116,811	$	126,245	
Total Revenues	$	308,847	$	291,033	$	24,710	$	315,743	$	321,680	

Expenditures						
Interest - 11/1	$	76,538	$	76,538	$	-	$	76,538	$	75,663	
Principal - 11/1	$	35,000	$	35,000	$	-	$	35,000	$	40,000	
Interest - 5/1	$	75,663	$	-	$	75,663	$	75,663	$	74,663	
Total Expenditures	$	187,200	$	111,538	$	75,663	$	187,200	$	190,325	
Other Sources/(Uses)						

Transfer In/Out	$	-	$	(2,298)	
$	-	
$	(2,298)	
$	-	
Total Other Sources/(Uses)	$	-	$	(2,298)	$	-	$	(2,298)	$	-	

Excess Revenues/(Expenditures)	$	121,647	$	177,198	$	(50,953)  $

126,245	$	131,355

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

74,662.50

Principal - 11/1  $	40,000.00 
Total  $	114,662.50 

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Townhouse - 25'	78	$	56,895	$	729.43	$	784.33	
Single Family - 40'	48	$	63,681	$	1,326.68	$	1,426.54	
Single Family - 50'	43	$	71,362	$	1,659.57	$	1,784.49	
Total Tax Roll	169	$	191,938			

Sandmine Road
Community Development District
Series 2022 Special Assessment Bonds Area Three Amortization Schedule

Date	Balance	Principal	Interest	Total

11/01/24	$	2,605,000.00	$	40	
05/01/25	$	2,565,000.00	$	
11/01/25	$	2,565,000.00	$	40	
05/01/26	$	2,525,000.00	$	
11/01/26	$	2,525,000.00	$	40	
05/01/27	$	2,485,000.00	$	
11/01/27	$	2,485,000.00	$	45	
05/01/28	$	2,440,000.00	$	
11/01/28	$	2,440,000.00	$	45	
05/01/29	$	2,395,000.00	$	
11/01/29	$	2,395,000.00	$	50	
05/01/30	$	2,345,000.00	$	
11/01/30	$	2,345,000.00	$	50	
05/01/31	$	2,295,000.00	$	
11/01/31	$	2,295,000.00	$	55	
05/01/32	$	2,240,000.00	$	
11/01/32	$	2,240,000.00	$	55	
05/01/33	$	2,185,000.00	$	
11/01/33	$	2,185,000.00	$	60	
05/01/34	$	2,125,000.00	$	
11/01/34	$	2,125,000.00	$	65	
05/01/35	$	2,060,000.00	$	
11/01/35	$	2,060,000.00	$	70	
05/01/36	$	1,990,000.00	$	
11/01/36	$	1,990,000.00	$	70	
05/01/37	$	1,920,000.00	$	
11/01/37	$	1,920,000.00	$	75	
05/01/38	$	1,845,000.00	$	
11/01/38	$	1,845,000.00	$	80	
05/01/39	$	1,765,000.00	$	
11/01/39	$	1,765,000.00	$	85	
05/01/40	$	1,680,000.00	$	
11/01/40	$	1,680,000.00	$	90	
05/01/41	$	1,590,000.00	$	
11/01/41	$	1,590,000.00	$	95	
05/01/42	$	1,395,000.00	$	
11/01/42	$	1,395,000.00	$	100	
05/01/43	$	1,395,000.00	$	
11/01/43	$	1,395,000.00	$	105	
05/01/44	$	1,290,000.00	$	
11/01/44	$	1,290,000.00	$	110	
05/01/45	$	1,180,000.00	$	
11/01/45	$	1,180,000.00	$	120	
05/01/46	$	1,060,000.00	$	
11/01/46	$	1,060,000.00	$	125	
05/01/47	$	935,000.00	$	
11/01/47	$	935,000.00	$	135	
05/01/48	$	800,000.00	$	
11/01/48	$	800,000.00	$	140	
05/01/49	$	660,000.00	$	
11/01/49	$	660,000.00	$	150	
05/01/50	$	510,000.00	$	
11/01/50	$	510,000.00	$	160	
05/01/51	$	350,000.00	$	
11/01/51	$	350,000.00	$	170	
05/01/52	$	180,000.00	$	
11/01/52	$	180,000.00	$	180	
			$	2,605	

$	75,662.50	$	191,325.00	
$	74,662.50		
$	74,662.50	$	189,325.00	
$	73,662.50		
$	73,662.50	$	187,325.00	
$	72,662.50		
$	72,662.50	$	190,325.00	
$	71,537.50		
$	71,537.50	$	188,075.00	
$	70,412.50		
$	70,412.50	$	190,825.00	
$	69,162.50		
$	69,162.50	$	188,325.00	
$	67,725.00		
$	67,725.00	$	190,450.00	
$	66,143.75		
$	66,143.75	$	187,287.50	
$	64,562.50		
$	64,562.50	$	189,125.00	
$	62,837.50		
$	62,837.50	$	190,675.00	
$	60,968.75		
$	60,968.75	$	191,937.50	
$	58,956.25		
$	58,956.25	$	187,912.50	
$	56,943.75		
$	56,943.75	$	188,887.50	
$	54,787.50		
$	54,787.50	$	189,575.00	
$	52,487.50		
$	52,487.50	$	189,975.00	
$	50,043.75		
$	50,043.75	$	190,087.50	
$	47,456.25		
$	47,456.25	$	189,912.50	
$	44,725.00		
$	44,725.00	$	189,450.00	
$	41,850.00		
$	41,850.00	$	188,700.00	
$	38,700.00		
$	38,700.00	$	187,400.00	
$	35,400.00		
$	35,400.00	$	190,800.00	
$	31,800.00		
$	31,800.00	$	188,600.00	
$	28,050.00		
$	28,050.00	$	191,100.00	
$	24,000.00		
$	24,000.00	$	188,000.00	
$	19,800.00		
$	19,800.00	$	189,600.00	
$	15,300.00		
$	15,300.00	$	190,600.00	
$	10,500.00		
$	10,500.00	$	191,000.00	
$	5,400.00		
$	5,400.00	$	190,800.00	

,000.00
-
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-
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-
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-
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-
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-
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-
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-
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-
,000.00
-
,000.00
-
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-
,000.00

,000.00  $

3,047,601.04  $

5,687,601.04