Sandmine Road
Community Development District

Adopted Budget
FY2026

Table of Contents

1-2	General Fund	

3-6	

General Fund Narrative	

7	

Capital Reserve Fund	

8	

Series 2020 Debt Service Fund	

9	

Series 2020 Amortization Schedule	

10	

Series 2021 Debt Service Fund	

11	

Series 2021 Amortization Schedule	

12	

Series 2022 Debt Service Fund	

13	

Series 2022 Amortization Schedule	

	Adopted Budget		Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025		5/31/25	4 Months	9/30/25	FY2026	

Revenues							
Assessments - Tax Roll	$	368,473	$	357,053	$	11,420	$	368,473	$	368,473	
Interest	$	-	$	3,882	$	1,941	$	5,823	$	-	
Total Revenues	$	368,473	$	360,935	$	13,361	$	374,296	$	368,473	

Expenditures							
General & Administrative							
Supervisor Fees	$	12,000	$	800	$	4,000	$	4,800	$	12,000	
FICA Expense	$	918	$	61	$	306	$	367	$	918	
Engineering	$	12,000	$	350	$	3,028	$	3,378	$	12,000	
Attorney	$	25,000	$	3,973	$	2,838	$	6,810	$	25,000	
Annual Audit	$	7,000	$	7,000	$	-	$	7,000	$	7,100	
Arbitrage Fees	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Dissemination Fees	$	11,025	$	7,350	$	3,675	$	11,025	$	11,356	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Trustee Fees	$	12,123	$	12,122	$	-	$	12,122	$	13,303	
Management Fees	$	45,000	$	30,000	$	15,000	$	45,000	$	46,350	
Information Technology	$	1,392	$	928	$	464	$	1,392	$	1,434	
Website Maintenance	$	697	$	465	$	232	$	697	$	718	
Telephone	$	300	$	-	$	50	$	50	$	200	
Postage	$	1,000	$	609	$	270	$	879	$	1,000	
Printing & Binding	$	200	$	26	$	50	$	76	$	100	
Office Supplies	$	100	$	1	$	25	$	26	$	100	
Insurance	$	6,363	$	6,190	$	-	$	6,190	$	7,119	
Legal Advertising	$	5,000	$	1,438	$	1,089	$	2,527	$	5,000	
Other Current Charges	$	1,000	$	338	$	169	$	508	$	1,000	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	148,208	$	78,741	$	31,195	$	109,936	$	151,954	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	5/31/25	4 Months	9/30/25	FY2026	
Operations & Maintenance						
Field Expenditures						
Property Insurance	$	7,500	$	8,090	$	-	$	8,090	$	8,479	
Field Management	$	15,750	$	10,500	$	5,250	$	15,750	$	16,538	
Landscape Maintenance	$	102,700	$	54,804	$	27,600	$	82,404	$	86,940	
Landscape Enhancements	$	10,000	$	6,463	$	1,500	$	7,963	$	30,000	
Pond Discing	$	-	$	4,050	$	4,050	$	8,100	$	8,100	
Electric	$	5,000	$	-	$	-	$	-	$	-	
Water & Sewer	$	36,000	$	3,152	$	3,152	$	6,304	$	9,500	
Fountain Maintenance	$	7,000	$	4,000	$	2,000	$	6,000	$	8,500	
Irrigation Repairs	$	5,000	$	3,417	$	1,583	$	5,000	$	5,500	
General Repairs & Maintenance	$	7,500	$	12,500	$	2,500	$	15,000	$	15,000	
Wall Maintenance	$	10,000	$	-	$	5,000	$	5,000	$	10,000	
Contingency	$	5,000	$	2,431	$	2,569	$	5,000	$	7,500	
Subtotal Field Expenditures	$	211,450	$	109,407	$	55,204	$	164,611	$	206,057	

Other Expenditures						
Capital Reserves - Transfer	$	8,815	$	-	$	8,815	$	8,815	$	10,462	
Total Other Expenditures	$	8,815	$	-	$	8,815	$	8,815	$	10,462	
						
Total Expenditures	$	368,473	$	188,149	$	95,214	$	283,363	$	368,473	
						
Excess Revenues/(Expenditures)	$	-	$	172,787	$	(81,853)	$	90,934	$	-	

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	FY2026 Gross Per Unit	FY2025 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. The District has a contract with Exclusive Landscaping Group.

$7,245.00	$86,940.00

Exclusive Landscaping

Annual

Monthly

Description

Landscape Enhancements

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

Pond Discing

Represents the estimated cost of performing mechanical discing in and around pond areas to control vegetation, reduce sediment buildup, and support proper drainage and ecological health within the District’s water bodies.

Description	Bi- Monthly	Annual	

Toole's Tractor Services	
$1,350.00	
$ 8,100.00	

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.

Wall Maintenance

Represents estimated costs for general repairs and maintenance of the wall.

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		Actual		Projected	Projected		Adopted	
	Budget		Through		Next			Through		Budget	
Description		FY2025		5/31/25		4 Months		9/30/25		FY2026	

Revenues												
Interest Income	$	-	$	700	$		350	$	1,050	$	-	
Carry Forward Surplus	$	308,961	$	25,025	$		-	$	25,025	$	34,890	
Total Revenues	$	308,961	$	25,725	$		350	$	26,075	$	34,890	

Expenses												
Capital Outlay	$	-	$	-	$		-	$	-	$	-	
Total Expenditures	$	-	$	-	$		-	$	-	$	-	

Other Financing Sources												
Transfer In/(Out)	$	8,815	$	-	$		8,815	$	8,815	$	10,462	
Total Other Financing Sources (Uses)	$	8,815	$	-	$	8,815	$	8,815	$	10,462	
											
Excess Revenues/(Expenditures)	$	317,776	$	25,725	$		9,165	$	34,890	$	45,353	

Debt Service Fund Series 2020

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	5/31/25	4 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	363,719	$	352,446	$	11,273	$	363,719	$	363,719	
Interest	$	7,000	$	9,969	$	4,984	$	14,953	$	5,000	
Carry Forward Surplus (1)	$	149,067	$	145,606	$	-	$	145,606	$	156,935	
Total Revenues	$	519,786	$	508,020	$	16,258	$	524,278	$	525,654	

Expenditures						
Interest - 11/1	$	108,728	$	108,728	$	-	$	108,728	$	106,825	
Principal - 5/1	$	145,000	$	145,000	$	-	$	145,000	$	150,000	
Interest - 5/1	$	108,728	$	108,728	$	-	$	108,728	$	106,825	
Total Expenditures	$	362,456	$	362,456	$	-	$	362,456	$	363,650	
Other Sources/(Uses)						

Transfer In/Out	$	-	$	(4,887)	
$	-	
$	(4,887)	
$	-	
Total Other Sources/(Uses)	$	-	$	(4,887)	$	-	$	(4,887)	$	-	

Excess Revenues/(Expenditures)	$	157,330	$	140,678	$

16,258	$

156,935	$	162,004

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

Interest - 11/1  $

104,481.25

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	
									
11/01/25	$	5,900,000.00	$	-	$	106,825.00	$	360,553.13	
05/01/26	$	5,900,000.00	$	150,000.00	$	106,825.00	$	-	
11/01/26	$	5,750,000.00	$	-	$	104,481.25	$	361,306.25	
05/01/27	$	5,750,000.00	$	155,000.00	$	104,481.25	$	-	
11/01/27	$	5,595,000.00	$	-	$	102,059.38	$	361,540.63	
05/01/28	$	5,595,000.00	$	160,000.00	$	102,059.38	$	-	
11/01/28	$	5,435,000.00	$	-	$	99,559.38	$	361,618.75	
05/01/29	$	5,435,000.00	$	165,000.00	$	99,559.38	$	-	
11/01/29	$	5,270,000.00	$	-	$	96,981.25	$	361,540.63	
05/01/30	$	5,270,000.00	$	170,000.00	$	96,981.25	$	-	
11/01/30	$	5,100,000.00	$	-	$	94,325.00	$	361,306.25	
05/01/31	$	5,100,000.00	$	175,000.00	$	94,325.00	$	-	
11/01/31	$	4,925,000.00	$	-	$	91,153.13	$	360,478.13	
05/01/32	$	4,925,000.00	$	180,000.00	$	91,153.13	$	-	
11/01/32	$	4,745,000.00	$	-	$	87,890.63	$	359,043.75	
05/01/33	$	4,745,000.00	$	190,000.00	$	87,890.63	$	-	
11/01/33	$	4,555,000.00	$	-	$	84,446.88	$	362,337.50	
05/01/34	$	4,555,000.00	$	195,000.00	$	84,446.88	$	-	
11/01/34	$	4,360,000.00	$	-	$	80,912.50	$	360,359.38	
05/01/35	$	4,360,000.00	$	205,000.00	$	80,912.50	$	-	
11/01/35	$	4,155,000.00	$	-	$	77,196.88	$	363,109.38	
05/01/36	$	4,155,000.00	$	210,000.00	$	77,196.88	$	-	
11/01/36	$	3,945,000.00	$	-	$	73,390.63	$	360,587.50	
05/01/37	$	3,945,000.00	$	220,000.00	$	73,390.63	$	-	
11/01/37	$	3,725,000.00	$	-	$	69,403.13	$	362,793.75	
05/01/38	$	3,725,000.00	$	225,000.00	$	69,403.13	$	-	
11/01/38	$	3,500,000.00	$	-	$	65,325.00	$	359,728.13	
05/01/39	$	3,500,000.00	$	235,000.00	$	65,325.00	$	-	
11/01/39	$	3,265,000.00	$	-	$	61,065.63	$	361,390.63	
05/01/40	$	3,265,000.00	$	245,000.00	$	61,065.63	$	-	
11/01/40	$	3,020,000.00	$	-	$	56,625.00	$	362,690.63	
05/01/41	$	3,020,000.00	$	255,000.00	$	56,625.00	$	-	
11/01/41	$	2,765,000.00	$	-	$	51,843.75	$	363,468.75	
05/01/42	$	2,765,000.00	$	265,000.00	$	51,843.75	$	-	
11/01/42	$	2,500,000.00	$	-	$	46,875.00	$	363,718.75	
05/01/43	$	2,500,000.00	$	275,000.00	$	46,875.00	$	-	
11/01/43	$	2,225,000.00	$	-	$	41,718.75	$	363,593.75	
05/01/44	$	2,225,000.00	$	285,000.00	$	41,718.75	$	-	
11/01/44	$	1,940,000.00	$	-	$	36,375.00	$	363,093.75	
05/01/45	$	1,940,000.00	$	295,000.00	$	36,375.00	$	-	
11/01/45	$	1,645,000.00	$	-	$	30,843.75	$	362,218.75	
05/01/46	$	1,645,000.00	$	305,000.00	$	30,843.75	$	-	
11/01/46	$	1,340,000.00	$	-	$	25,125.00	$	360,968.75	
05/01/47	$	1,340,000.00	$	315,000.00	$	25,125.00	$	-	
11/01/47	$	1,025,000.00	$	-	$	19,218.75	$	359,343.75	
05/01/48	$	1,025,000.00	$	330,000.00	$	19,218.75	$	-	
11/01/48	$	695,000.00	$	-	$	13,031.25	$	362,250.00	
05/01/49	$	695,000.00	$	340,000.00	$	13,031.25	$	-	
11/01/49	$	355,000.00	$	-	$	6,656.25	$	359,687.50	
05/01/50	$	355,000.00	$	355,000.00	$	6,656.25	$	361,656.25	
			$	6,045,000.00	$	3,464,112.50	$	9,759,678.13	

Series 2020 Special Assessment Bonds AMORTIZATION SCHEDULE

Adopted Budget
Debt Service Fund Series 2021

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	5/31/25	4 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	419,274	$	406,279	$	12,995	$	419,274	$	419,274	
Interest	$	9,000	$	8,088	$	4,044	$	12,132	$	9,000	
Carry Forward Surplus (1)	$	328,131	$	359,646	$	-	$	359,646	$	374,062	
Total Revenues	$	756,405	$	774,013	$	17,039	$	791,052	$	802,337	

Expenditures						
Interest - 11/1	$	126,380	$	126,380	$	-	$	126,380	$	124,483	
Principal - 11/1	$	165,000	$	165,000	$	-	$	165,000	$	170,000	
Interest - 5/1	$	124,483	$	124,483	$	-	$	124,483	$	122,528	
Total Expenditures	$	415,863	$	415,863	$	-	$	415,863	$	417,010	
Other Sources/(Uses)						

Transfer In/Out	$	-	$	(1,127)	
$	-	
$	(1,127)	
$	-	
Total Other Sources/(Uses)	$	-	$	(1,127)	$	-	$	(1,127)	$	-	

Excess Revenues/(Expenditures)	$	340,542	$	357,024	$

17,039	$

374,062	$	385,327

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

Interest - 11/1  $

122,527.50

Principal - 11/1  $	170,000.00 
Total  $	292,527.50 

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Townhouse - 25'	72	$	52,530	$	729.59	$	784.51	
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		Prinicpal		Interest		Total	
									
11/01/25	$	7,015,000.00	$	170,000.00	$	124,482.50	$	418,965.00	
05/01/26	$	6,845,000.00	$	-	$	122,527.50			
11/01/26	$	6,845,000.00	$	170,000.00	$	122,527.50	$	415,055.00	
05/01/27	$	6,675,000.00	$	-	$	120,572.50			
11/01/27	$	6,675,000.00	$	175,000.00	$	120,572.50	$	416,145.00	
05/01/28	$	6,500,000.00	$	-	$	117,947.50			
11/01/28	$	6,500,000.00	$	180,000.00	$	117,947.50	$	415,895.00	
05/01/29	$	6,320,000.00	$	-	$	115,247.50			
11/01/29	$	6,320,000.00	$	185,000.00	$	115,247.50	$	415,495.00	
05/01/30	$	6,135,000.00	$	-	$	112,472.50			
11/01/30	$	6,135,000.00	$	190,000.00	$	112,472.50	$	414,945.00	
05/01/31	$	5,945,000.00	$	-	$	109,622.50			
11/01/31	$	5,945,000.00	$	200,000.00	$	109,622.50	$	419,245.00	
05/01/32	$	5,745,000.00	$	-	$	106,622.50			
11/01/32	$	5,745,000.00	$	205,000.00	$	106,622.50	$	418,245.00	
05/01/33	$	5,540,000.00	$	-	$	103,240.00			
11/01/33	$	5,540,000.00	$	210,000.00	$	103,240.00	$	416,480.00	
05/01/34	$	5,330,000.00	$	-	$	99,775.00			
11/01/34	$	5,330,000.00	$	215,000.00	$	99,775.00	$	414,550.00	
05/01/35	$	5,115,000.00	$	-	$	96,227.50			
11/01/35	$	5,115,000.00	$	225,000.00	$	96,227.50	$	417,455.00	
05/01/36	$	4,890,000.00	$	-	$	92,515.00			
11/01/36	$	4,890,000.00	$	230,000.00	$	92,515.00	$	415,030.00	
05/01/37	$	4,660,000.00	$	-	$	88,720.00			
11/01/37	$	4,660,000.00	$	240,000.00	$	88,720.00	$	417,440.00	
05/01/38	$	4,420,000.00	$	-	$	84,760.00			
11/01/38	$	4,420,000.00	$	245,000.00	$	84,760.00	$	414,520.00	
05/01/39	$	4,175,000.00	$	-	$	80,717.50			
11/01/39	$	4,175,000.00	$	255,000.00	$	80,717.50	$	416,435.00	
05/01/40	$	3,920,000.00	$	-	$	76,510.00			
11/01/40	$	3,920,000.00	$	265,000.00	$	76,510.00	$	418,020.00	
05/01/41	$	3,655,000.00	$	-	$	72,137.50			
11/01/41	$	3,655,000.00	$	275,000.00	$	72,137.50	$	419,275.00	
05/01/42	$	3,380,000.00	$	-	$	67,600.00			
11/01/42	$	3,380,000.00	$	280,000.00	$	67,600.00	$	415,200.00	
05/01/43	$	3,100,000.00	$	-	$	62,000.00			
11/01/43	$	3,100,000.00	$	295,000.00	$	62,000.00	$	419,000.00	
05/01/44	$	2,805,000.00	$	-	$	56,100.00			
11/01/44	$	2,805,000.00	$	305,000.00	$	56,100.00	$	417,200.00	
05/01/45	$	2,500,000.00	$	-	$	50,000.00			
11/01/45	$	2,500,000.00	$	315,000.00	$	50,000.00	$	415,000.00	
05/01/46	$	2,185,000.00	$	-	$	43,700.00			
11/01/46	$	2,185,000.00	$	330,000.00	$	43,700.00	$	417,400.00	
05/01/47	$	1,855,000.00	$	-	$	37,100.00			
11/01/47	$	1,855,000.00	$	345,000.00	$	37,100.00	$	419,200.00	
05/01/48	$	1,510,000.00	$	-	$	30,200.00			
11/01/48	$	1,510,000.00	$	355,000.00	$	30,200.00	$	415,400.00	
05/01/49	$	1,155,000.00	$	-	$	23,100.00			
11/01/49	$	1,155,000.00	$	370,000.00	$	23,100.00	$	416,200.00	
05/01/50	$	785,000.00	$	-	$	15,700.00			
11/01/50	$	785,000.00	$	385,000.00	$	15,700.00	$	416,400.00	
05/01/51	$	400,000.00	$	-	$	8,000.00			
11/01/51	$	400,000.00	$	400,000.00	$	8,000.00	$	416,000.00	
			$	7,015,000.00	$	4,235,195.00	$	11,250,195.00	

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

Proposed Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	5/31/25	4 Months	9/30/25	FY2026	

Revenues						
Assessments - Direct	$	191,938	$	185,989	$	5,949	$	191,938	$	191,938	
Interest	$	4,000	$	3,473	$	1,737	$	5,210	$	1,500	
Carry Forward Surplus (1)	$	129,165	$	128,950	$	-	$	128,950	$	135,257	
Total Revenues	$	325,103	$	318,412	$	7,686	$	326,098	$	328,695	

Expenditures						
Interest - 11/1	$	75,663	$	75,663	$	-	$	75,663	$	75,663	
Principal - 11/1	$	40,000	$	40,000	$	-	$	40,000	$	40,000	
Interest - 5/1	$	74,663	$	74,663	$	-	$	74,663	$	74,663	
Total Expenditures	$	190,325	$	190,325	$	-	$	190,325	$	190,325	
Other Sources/(Uses)						

Transfer In/Out	$	-	$	(516)	
$	-	
$	(516)	
$	-	
Total Other Sources/(Uses)	$	-	$	(516)	$	-	$	(516)	$	-	

Excess Revenues/(Expenditures)	$	134,778	$	127,571	$

7,686	$

135,257	$	138,370

(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	$	40,000.00	$	75,662.50	$	191,325.00	
05/01/25	$	2,565,000.00	$	-	$	74,662.50			
11/01/25	$	2,565,000.00	$	40,000.00	$	74,662.50	$	189,325.00	
05/01/26	$	2,525,000.00	$	-	$	73,662.50			
11/01/26	$	2,525,000.00	$	40,000.00	$	73,662.50	$	187,325.00	
05/01/27	$	2,485,000.00	$	-	$	72,662.50			
11/01/27	$	2,485,000.00	$	45,000.00	$	72,662.50	$	190,325.00	
05/01/28	$	2,440,000.00	$	-	$	71,537.50			
11/01/28	$	2,440,000.00	$	45,000.00	$	71,537.50	$	188,075.00	
05/01/29	$	2,395,000.00	$	-	$	70,412.50			
11/01/29	$	2,395,000.00	$	50,000.00	$	70,412.50	$	190,825.00	
05/01/30	$	2,345,000.00	$	-	$	69,162.50			
11/01/30	$	2,345,000.00	$	50,000.00	$	69,162.50	$	188,325.00	
05/01/31	$	2,295,000.00	$	-	$	67,725.00			
11/01/31	$	2,295,000.00	$	55,000.00	$	67,725.00	$	190,450.00	
05/01/32	$	2,240,000.00	$	-	$	66,143.75			
11/01/32	$	2,240,000.00	$	55,000.00	$	66,143.75	$	187,287.50	
05/01/33	$	2,185,000.00	$	-	$	64,562.50			
11/01/33	$	2,185,000.00	$	60,000.00	$	64,562.50	$	189,125.00	
05/01/34	$	2,125,000.00	$	-	$	62,837.50			
11/01/34	$	2,125,000.00	$	65,000.00	$	62,837.50	$	190,675.00	
05/01/35	$	2,060,000.00	$	-	$	60,968.75			
11/01/35	$	2,060,000.00	$	70,000.00	$	60,968.75	$	191,937.50	
05/01/36	$	1,990,000.00	$	-	$	58,956.25			
11/01/36	$	1,990,000.00	$	70,000.00	$	58,956.25	$	187,912.50	
05/01/37	$	1,920,000.00	$	-	$	56,943.75			
11/01/37	$	1,920,000.00	$	75,000.00	$	56,943.75	$	188,887.50	
05/01/38	$	1,845,000.00	$	-	$	54,787.50			
11/01/38	$	1,845,000.00	$	80,000.00	$	54,787.50	$	189,575.00	
05/01/39	$	1,765,000.00	$	-	$	52,487.50			
11/01/39	$	1,765,000.00	$	85,000.00	$	52,487.50	$	189,975.00	
05/01/40	$	1,680,000.00	$	-	$	50,043.75			
11/01/40	$	1,680,000.00	$	90,000.00	$	50,043.75	$	190,087.50	
05/01/41	$	1,590,000.00	$	-	$	47,456.25			
11/01/41	$	1,590,000.00	$	95,000.00	$	47,456.25	$	189,912.50	
05/01/42	$	1,395,000.00	$	-	$	44,725.00			
11/01/42	$	1,395,000.00	$	100,000.00	$	44,725.00	$	189,450.00	
05/01/43	$	1,395,000.00	$	-	$	41,850.00			
11/01/43	$	1,395,000.00	$	105,000.00	$	41,850.00	$	188,700.00	
05/01/44	$	1,290,000.00	$	-	$	38,700.00			
11/01/44	$	1,290,000.00	$	110,000.00	$	38,700.00	$	187,400.00	
05/01/45	$	1,180,000.00	$	-	$	35,400.00			
11/01/45	$	1,180,000.00	$	120,000.00	$	35,400.00	$	190,800.00	
05/01/46	$	1,060,000.00	$	-	$	31,800.00			
11/01/46	$	1,060,000.00	$	125,000.00	$	31,800.00	$	188,600.00	
05/01/47	$	935,000.00	$	-	$	28,050.00			
11/01/47	$	935,000.00	$	135,000.00	$	28,050.00	$	191,100.00	
05/01/48	$	800,000.00	$	-	$	24,000.00			
11/01/48	$	800,000.00	$	140,000.00	$	24,000.00	$	188,000.00	
05/01/49	$	660,000.00	$	-	$	19,800.00			
11/01/49	$	660,000.00	$	150,000.00	$	19,800.00	$	189,600.00	
05/01/50	$	510,000.00	$	-	$	15,300.00			
11/01/50	$	510,000.00	$	160,000.00	$	15,300.00	$	190,600.00	
05/01/51	$	350,000.00	$	-	$	10,500.00			
11/01/51	$	350,000.00	$	170,000.00	$	10,500.00	$	191,000.00	
05/01/52	$	180,000.00	$	-	$	5,400.00			
11/01/52	$	180,000.00	$	180,000.00	$	5,400.00	$	190,800.00	
			$	2,565,000.00	$	2,666,412.50	$	5,306,075.00