updated on 617/2018

Lakewood Ranch Stewardship District

Proposed Operating Budget for General Fund -

Summary Budget For Operation & Maintenance

October 1, 2018 to September 30, 2019

						PRELIMINARY					Increase									
			Full Year							(Decrease}				Estimated		
						BUDGET											
Category		30-Sep-18							2019 Budget vs.					Buildout		
				FY2019; RES.											
											2018 Budget					Budget		
			Budget			2018-15												

Sources of Funds:																						
	Assessments - Platted Land	$	2,096,793		55%	$	2,918,102	58%			$	821,309		39%		$	8,636,704				
	Assessments - Un Platted Land	$	255,467		7%		$131,204	3%			$	(124,263)		-49%		$	-				
	Landowner Contribution	$	1,462,881		38%	$	1,956,356	39%			$	493,475		34%		$	-				
	Other Revenue	$	-		0%	$	-	o¾  I	$	-				$	-				
Total - Sources of Funds	$	3,815,141		100%	$	5,005,662	100%			$	1,190,521		31%		$	8,636,704				

Uses of Funds																						
Administrative Expenditures:																						
																						
	Insurance	$	8,240			$	8,000				$	(240)				$	42,517				
	Meeting Advertising	$	15,450			$	15,000				$	(450)				$	42,517				
	Real Estate Taxes	$	-			$	-				$	-				$	-				
	Engineering	$	70,000			$	70,000				$	-				$	75,000				
	Bond Agent Fees	$	30,000			$	30,000				$	-				$	75,000				
	Legal Fees	$	100,000			$	100,000				$	-				$	125,000				
	Accounting	$	32,000			$	32,000				$	-				$	125,000				
	Lien Book and Tax Roll	$	139,000			$	139,000				$	-				$	150,000				
	Annual Audit	$	17,000			$	17,000				$	-				$	75,000				
	Trustee	$	100,000			$	100,000				$	-				$	200,000				
	Manager	$	85,000			$	85,000				$	-				$	200,000				
	Travel and Per Diem	$	-			$	-				$	-				$	-				
	Telephone	$	-			$	-				$	-				$	-				
	Postage	$	1,500			$	1,500				$	-				$	2,657				
	Office Supplies	$	1,500			$	1,500				$	-				$	10,629				
	Other Current Charges	$	3,810			$	3,810				$	-				$	-				
	Dues, Licenses, Subscriptions	$	500			$	500				$	-				$	1,063				
	Capital Outlay	$	-			$	-				$	-				$	-				
	Meeting Room Rent	$	-			$	-				$	-				$	-				
Total - Administrative	$	604,000			$	603,310				$	(690)				$	1,124,383				
Reserves	$	-			$	-				$	-				$	200,000				
Maintenance:																						
	Maintenance Management Fee - allocated at buildout	$	125,000			$	268,000				$	143,000				$	500,000				
	General & Parks Maintenance - allocated at buildout	$	79,200			$	254,000				$	174,800				$	540,000				
	Landscape & Irrigation Maintenance - Contracted	$	1,923,956			$	2,367,293				$	443,336				$	3,875,391				
	Landscape & Irrigation Repairs - Non-Contracted	$	573,503			$	653,941				$	80,438				$	1,017,380				
	Irrigation for Master Landscaping	$	302,846			$	556,846				$	254,000				$	934,215				
	Environmental	$	102,300			$	182,300				$	80,000				$	255,160				
	Utilities	$	5,936			$	6,773				$	837				$	10,008				
	Other Maintenance	$	98,400			$	113,200				$	14,800				$	180,167				
	Contingency	$	-			$	-				$	-				$	-				
																						
Total - Maintenance	$	3,211,141			$	4,402,352				$	1,191,212				$	7,312,321				
Total - Uses of Funds	$	3,815,141			$	5,005,662				$	1,190,522				$	8,636,704				
																						
	Operating Surplus or Deficit	$	0			$	-				$	(Ol				$	-				
												Increase									
			Budget			Prellmin!l[ll					(Decrease}				Estimated		
					Budaet FY2019·				2019 Budget vs.					Bulldout		
			FY2018													
	Maintenance Expense b~ Land Area:				RES. 2018-j§					2018 Budget					Budget		
																		
•	Southeast Sector		$995,131				$1,254,975					$259,843					$1,577,970				
•	Northwest Sector	$1,078,691				$1,413,650					$334,959					$1,816,841				
	Northeast Sector		$227,633				$412,242					$184,609					$1,147,970				
	Sarasota Sector		$705,485				$799,485					$94,000					$1,729,540				
	Other I General Maintenance		$129,200				$300,000					$170,800							$720,000				
	Parks Maintenance		$75 000				$222 000					$147 000							$320,000				
	Total	$3,211,141				$4,402,352					$1,191,212					$7,312,321				

*SE Sector Increase due to addition of Masters & Bourneside *NW Sector increase due to addition of 117th Street

Page 1

updated on 617/2018	Lakewood Ranch Stewardship District												
							Operations and Maintenance Budget Detail												
																								
							Budget	YTD		Forecast			Preliminary	Change vs. Budget	Change vs. Forecast	ESTIMATED			
					EXPENSES					Variance vs.		Budget				Prior Estimate		
						FY2018	313112018	913012018	Budget		FY2019;	2018			2018			BUILDOUT (Bl			
				Acct#									RES. 2018-15											
				SE	SOUTHEAST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL																		
					Area identified as around Country Club East and Lake Club																		
					MASTER LANDSCAPING & IRRIGATION MAINTENANCE CONTRACTS•																		
60101	University Parkway from Lorraine to Concession	120,000	28,500	108,210	(11,790)		160,000	40,000		33%	51,790	48%		166,000		164,495		
60102	The Masters Ave.; Lorraine to Players	196,573	102,009	190,848	(5,725)		196,573	-		0%	5,725	3%		235,888		269,462		
																		
60103	Lorraine Rd - East side	108,150	52,500	105,000	(3,150)		108,150			0%	3,150	3%		129,780		148,251		
																		
60104	Allocation from CDD'sfor UP and Lorraine medians	20,173	17,906	17,906	(2,267)		20,173	-		0%	2,267	13%		24,208		27,653		
60106	Bournside Blvd. from Masters to SR70	49,907	-	-	(49,907)		80,000	30,093			80,000			100,000		201,211		
																		
60107	Covenant Way	12,978	6,300	12,600	(378)		12,978			0%	378	3%		15,574		17,790		
60108	Masters Ave. from Players Dr. to Bourneside Blvd.	50,250	-	50,250	-		112,000	61,750		123%	61,750	123%		134,400		68,882		
60109	Bourneside Blvd. from Masters to Universitv Pkwv.			-	-		-							86,000		134,392		
																		
					Subtotal Landscape Maintenance Contracts	558,031	207,215		484,814	(73,217		689,875	131,843		24%	205,061	42%		891,850		1,032,137		
																							
				SE	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS														56.52%				

60200	Irrigation Repairs	45,000	17,183		45,000	-		55,000	10,000		22%	10,000	22%		66,000		61,686		
60210	Plant replacement	90,000	17,325		90,000			92,000	2,000		2%	2,000	2%		120,000		90,000		
																			
60215	Mulching	46,000	35,190		46,000	-		50,000	4,000		9%	4,000	9%		60,000		63,057		
60230	Tree Trimming	20,000	3,581		20,000			30,000	10,000		50%	10,000	50%		32,000		32,000		
				new	Other Landscape Maintenance; Non-Contracted	-	-					4,000	4,000			4,000			6,000				
					Subtotal Non-Contracted Landscapinq	201,000	73,279		201,000			231,000	30,000		15%	30,000	15%		284,000		246,742		
				SE	IRRIGATION FOR MASTER LANDSCAPING					-									18.00%			

																							
60250	Monthly Meter Charge	10,500	5,028		10,500			10,500			0%		0%		12,600		14,393		
60255	Utilization	180,000	148,268		220,000	40,000		220,000	40,000		22%		0%		260,000		180,000		
					Subtotal lrriaation	190,500	153,296		230,500	40,000		230,500	40,000		21%		0%		272,600		194,393		
				SE	ENVIRONMENTAL					-									17.28%				
																							
				60300   Lake maintenance for the lakes outside communities	4,000			4,000			4,000			0%		0%		12,000		12,000		
																						
60310	General consulting				-	-		-							-			
60320	Water quality monitoring	-				-		-							.		-		
60330	Mitigation monitoring and maintenance	-	-		-	-		-				-							
60340	Littoral Shelf Plantings		-			-		-	-			-			.				
60350	Conseivation Areas Exotic Soecies Removal	4,000	585		4,000			60,000	56,000		1400%	56,000	1400%	72,000		5,483		
					Subtotal Environmental	8,000	585		8,000			64,000	56,000		700%	56,000	700%		84,000		17,483		
				SE	UTILITIES	1,000	213						-						5.32%			

60400	FLORIDA POWER & LIGHT				400	(600)		1,000			0%	600	150%	1,200		1,371		
60410	Manatee County		-		-	-		.	-			.			-			
					Subtotal Utilities	1,000	213		400	(600		1,000			0%	600	150%	1,200		1,371		
					OTHER MAINTENANCE: SE SECTOR														0.08%			
60600	Roads and sidewalks	2,000	-		2,000			2,000	-		0%	-	0%	2,400		2,742		
60610	Stormwater System & Drainage	20,000	1,700		20,000			20,000			0%	-	0%	22,000		22,000		
60611	Storm Damage and Clean Up		1,995		1,995	1,995			-			(1,995)	-100%	-			
																	
60620	Sanitary Sewer	5,000			5,000	-		5,000					0%	6,000		6,854		
60630	Street Light Repair					-	.				.			.			
60640	Hardscapes	8,000	6,063		8,000	-		10,000	2,000		25%	2,000	25%	12,000	8,000		
60645	Signs	.	-		-			.	-			.			.			
																		
60650	Miscellaneous Maintenance	1,200	.		1,200			1,200	.		0%	.	0%	1,440	1,645		
60655	Centralized irrigation system	400	.		400			400	-		0%		0%	480		548		
																		
	60660	Waste Manaaement				.	-	.							.			
																		
					Subtotal	36 600	9,758		38 595	1995		38 600	2,000		5%	5	0%	44,320		41789		
																						
																				2.81%			
				SE	TOTAL SOUTHEAST SECTOR	995,131	444,346		963,309	(31,822		1,254,975	259,843		26%	291,666	30%	1,577,970		1,533,916		

Page 2

updated on 6/7/2018	Lakewood Ranch Stewardship District	
	Operations and Maintenance Budget Detail	

					Preliminary	Change vs. Budget	Change vs. Forecast				
EXPENSES	Budget	YTD	Forecast	Variance vs.	Budget			ESTIMATED	Prior Estimate		
	FY2018	3/31/2018	9130/2018	Budget	FY2019;	2018	2018	BUILDOUT (Bl			
Acct#					RES. 2018-15						
								100%			
											
	NW	NORTHWEST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL														
		Area identified as to the east of LWR Blvd, north of SR 70, south of SR 64 and west of Lorraine Rd.														
		MASTER LANDSCAPING & IRRIGATION MAINTENANCE CONTRACTS•																
60111	White Eagle Blvd from SR 70 to Rangeland			23,694	13,966	23,004	(690)	23,694		0%	690	3%	28,433	32,480		
60112	Rangeland Pkwy form LWR Blvd to White Eagle			27,093	17,751	26,304	(789)	27,093	-	0%	789	3%	32,512	37,139		
60113	Kent Lake & Lake Bank Maintenance			37,136	15,025	36,054	(1,082)	37,136	-	0%	1,082	3%	44,563	50,905		
60114	Malachite Road; east of White Eagle			18,120	8,796	17,592	(528)	18,120	-	0%	528	3%	21,744	24,838		
60115	44th Ave from LWR Blvd. to White Eagle			34,089	20,292	33,096	(993)	34,089	-	0%	993	3%	40,907	46,729		
60116	Malachite Road from LWR Blvd. to White Eagle			12,978	7,547	12,600	(378)	12,978	-	0%	378	3%	15,574	17,790		
60117	White Eagle from Rangleland to 44th Ave			10,296	9,255	9,996	(300)	10,296	-	0%	300	3%	12,355	14,114		
60118	Lake Bank mowing			15,450	7,500	15,000	(450)	15,450	-	0%	450	3%	18,540	21,179		
60119	Rangeland Pkwy from White Eagle to Esplanade			9,072	19,452	8,808	(264)	9,072	-	0%	264	3%	10,887	12,436		
60120	LWR Blvd.; SR70 to Malachite			43,436	23,563	42,171	(1,265)	43,436		0%	1,265	3%	52,124	59,542		
60121	LWR Blvd.; Malachite to SR64			81,605	43,789	79,228	(2,377)	81,605		0%	2,377	3%	97,926	111,864		
60132	White Eagle from Malachite to 44th Ave			47,380	18,424	46,000	(1,380)	47,380	-	0%	1,380	3%	56,856	64,948		
60133	White Eagle from 44th Ave to Gatewood Dr.			164,800	81,266	160,000	(4,800)	164,800	-	0%	4,800	3%	197,760	225,907		
60134	White Eagle from Gatewood Dr. to SR64			-			(174)	-	-		-			28,000	37,630		
60135	Silver Palm Blvd.			5,974	3,719	5,800		5,974		0%	174	3%	7,169	8,189		
60136	Wood Fern Trail			53,560	20,794	52,000	(1,560)	53,560	-	0%	1,560	3%	64,272	73,420		
60137	Gatewood Drive			51,500	24,245	50,000	(1,500)	51,500	-	0%	1,500	3%	61,800	70,596		
60138	44th Ave from White Eagle Blvd. to Indigo			36,050	24,925	35,000	(1,050)	36,050	-	0%	1,050		3%	43,260	49,417		
																	
60139	44th Ave from Indigo to Lorraine			31,386	-	-	(31,386)	31,386	-	0%	31,386			37,663	43,024		
60140	44th Ave. from Lorraine to Bourneside				-	-	-	32,000	32,000		32,000			38,400	43,005		
60141	Silver Falls Run				2,783	10,421	10,421	10,421	10,421				0%	12,505	23,113		
60142	117th Street					43,302	43,302	86,600	86,600		43,298		100%	88,000			
																	
60143	Ranoeland Pkwv. from Esplanade to Lorraine		-		-	-	-						80,000			
		Subtotal Landscape Maintenance Contracts		703,619	363,092	706,377	2,757	832,640	129,021	18%	126,264		18%	1,091,249	1,068,266		
															60%			
	NW	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS															
60200	Irrigation Repairs		55,000	13,715	50,000	(5,000)	55,000		0%	5,000		10%	75,000	75,394		
60210	Plant replacement		40,000	8,081	32,000	(8,000)	42,000	2,000	5%	10,000		31%	62,000	62,000		
60215	Mulching		62,062	96,923	98,000	35,938	98,000	35,938	58%	-		0%	106,000	85,074		
60230	Tree Trimming		76,000	30,112	74,500	(1,500)	76,000		0%	1,500		2%	104,180	104,180		
	new	Other Landscape Maintenance; Non-Contracted		-	-	-	-	4,000	4,000		4,000			4,800			
		Subtotal Non-Contracted Landscapinq		233,062	148,831	254,500	21,438	275,000	41,938	18%	20,500		8%	351,980	326,648		
															19%			
	NW	IRRIGATION FOR MASTER LANDSCAPING															
60250	Monthly Meter Charge		8,610	5,028	8,610	-	8,610		0%	-		0%	10,332	11,803		
60255	Utilization		50,000	136,322	200,000	150,000	200,000	150,000	300%			0%	250,000	120,000		
		Subtotal lrriqation		58,610	141,350	208,610	150,000	208,610	150,000	256%			0%	260,332	131,803		
															14%			
	NW	ENVIRONMENTAL		26,000		26,000			-		-				35,641		
	60300   Lake maintenance for the lakes outside communities			10,480			26,000		0%			0%	28,000			
																
60310	General consulting		-				-	-		-			-			
60320	Water quality monitoring		-				-	-		-			-			
60330	Mitigation monitoring and maintenance		-	-				-					-			
60340	Littoral Shelf Plantings		-	-		-	-	-					-	43,865		
																
60350	Conservation Areas Exotic Soecies Removal		32,000	24,670	32,000		40,000	8,000	25%	8,000		25%	46,000			
																
		Subtotal Environmental		58,000	35,150	58,000		66,000	8,000	14%	8,000		14%	74,000	79,506		

Page 3

updated on 6!7/2018	Lakewood Ranch Stewardship District										
				Operations and Maintenance Budget Detail										
																						
													Preliminary	Change vs. Budget	Change vs. Forecast				
		EXPENSES	Budget		YTD	Forecast	Variance vs.	Budget			ESTIMATED	Prior Estimate		
			FY2018	3/31/2018		9/30/2018			Budget	FY2019;	2018		2018			BUILDOUT {B)			
	Acct#												RES. 2018-15									
	NW	UTILITIES (Estimated via historical usage and projected additional area)	1,200		427		1,200			1,200	.	0%				4%	1,645		
														0%		1,440			
																			
60400	FLORIDA POWER & LIGHT																	
60410	Manatee County Utilities	.		.		.		.	.	.					.			
60420	PEACE RIVER	2,000		8,665		12,000		10,000	2,000	.	0%	(10,000\	-83%		2,400	2 742		
		Subtotal Utilities	3,200			9,092		13,200		10,000	3,200		0%	(10,000)	-76%		3,840	4,387		
																				
		OTHER MAINTENANCE: NW SECTOR																0%			
60600	Roads and sidewalks			.		.		.	.	.					.			
60610	Stormwater System & Drainage	14,000		4,160		14,000		.	14,000	.	0%	.	0%		20,000	40,000		
60611	Storm Damage and Clean Up			5,058		5,058		5,058	.	.		(5,058)	-100%		.			
60620	Sanitary Sewer	1,000					1,000		.	1,000			.	0%		2,000	2,000		
																			
60630	Street Light Repair	.		.					.	.	.		.			.			
60640	Hardscapes	6,000		8,436		10,000		4,000	12,000	6,000	100%	2,000	20%		12,000	8,225		
60645	Signs	.									.	.		.			.			
60650	Miscellaneous Maintenance	1,200		575		1,400		200	1,200	.	0%	(200)	-14%		1,440	1,645		
60655	Centralized irrigation system										.	.		.			.			
60660	Waste ManaQement						.			.	.		.			.			
		Subtotal Other Maintenance	22,200		18,229		31,458		9,258	28,200	6,000	27%	(3,258)	-10%		35,440	51,870		
																			2%			
	NW	TOTAL NORTHWEST SECTOR	1,078,691		715,744		1,272,145		193,453	1,413,650	334,959	31%	141,506	11%		1,816,841	1,662,479		

Page 4

updated on 617/2018	Lakewood Ranch Stewardship District	
	Operations and Maintenance Budget Detail	

																Preliminary	Change vs. Budget		Change vs. Forecast					
				EXPENSES				Budget		YTD	Forecast	Variance vs.	Budget				ESTIMATED	Prior Estimate			
								FY2018	3/31/2018		9/30/2018	Budget	FY2019;	2018		2018				BUILDOUT (B)				
		Acct#													RES. 2018-15													
																									100%				
		NE	NORTHEAST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL																					
				Area identified as to the east of Lorraine Rd., north of SR 70, south of SR 64 and west to District boundary.																			
				MASTER LANDSCAPING & IRRIGATION MAINTENANCE•																								
60119		Post Blvd & SR70 Intersection				25,482		12,997		24,740	(742)	24,740	(742)	-3%				0%		29,688	34,930			
																								
60130		59th Avenue Lorraine Rd to Post Blvd				17,543		8,516		17,032	(511)	17,032	(511)	-3%				0%		20,438	24,047			
																								
60131		NE, State Road 70 & Lorraine				6,005		2,915		5,830	(175)	5,830	(175)	-3%				0%		6,996	8,231			
60132		Uihlein Road				47,500		13,500		30,000	(17,500)	62,000	14,500	31%	32,000		107%		74,400	65,113			
60133		Lakebank and Swale Mowing						500		1,200	1,200	1,200	1,200					0%		1,440				
60134		Lorraine Corners				25,000		-	30,660	5,660	92,000	67,000	268%	61,340					110,400	34,270			
60135		Future Roads						-	-	-	60,000	60,000		60,000					500,000	500,000			
				Subtotal Landscape Maintenance Contracts				121,529		38,428		109,461	(12,068)	262,801	141,272	116%	153,340		140%		743,361	666,591			
		NE	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS				15,000					2,400	(12,600)		-	0%	12,600		525%		65%	40,000			
																									
60200		Irrigation Repairs											15,000							40,000				
60210		Plant replacement				10,000		718		4,000	(6,000)	10,000		0%	6,000		150%		30,000	50,000			
60215		Mulching				7,500		8,370		9,000	1,500	10,000	2,500	33%	1,000		11%		20,000	40,000			
																							
60230		Tree Trimming				5,500		558		1,800	(3,700)	5,500		0%	3,700		206%		18,000	35,000			
		new	Other Landscape Maintenance; Non-Contracted				-						-	2,000	2,000		2,000					2,400				
				Subtotal Non-Contracted Landscaoina				38,000		9,646		17,200	(20,800	42,500	4,500	12%	25,300			147%		110,400	165,000			
		NE	IRRIGATION FOR MASTER LANDSCAPING										-										10%				
60250		Monthly Meter Charge				8,868		4,310		8,868		8,868							0%		10,642	12,156			
60255		Utilization				12,000		10,072		22,000	10,000	40,000	28,000		18,000			82%		180,000	100,000			
																								
				Subtotal lrriaation				20,868		14,382		30,868	10,000	48,868	28,000	134%	18,000			58%		190,642	112,156			
		NE	ENVIRONMENTAL																				17%	40,000			
60300		Lake maintenance for the lakes outside communities				16,000		5,000		14,000	(2,000)	16,000		0%	2,000			14%	40,000				
60310		General consulting				-						-	-	-		-				.				
60320		Waler quality monitoring				-	-			-	.	-		-					-				
60330		Annual Wetland Preservation Area Monitoring				800					800	-	800	-		-		0%	960	1,097			
60340		Littoral Shelf Plantings and Maintenance				1,500		-		1,500		1,500			-			0%	1,800	2,056			
60350		Conservation Areas Exotic Soecies Removal				8,000		1,785		8,000		12,000	4,000		4,000			50%	14,400	10,966			
				Subtotal Environmental				26,300		6,785		24,300	(2,000	30,300	4,000	15%	6,000			25%	57,160	54,119			
		NE	UTILITIES (Estimated via historical usage and projected additional area)				-	-	-		.			-					5%				
60400		FLORIDA POWER & LIGHT																1,440	1,645			
60410		Manatee County				100		.		-	(100)	100	-		100						1,694			

60420		PEACE RIVER			1,236		419		1,200	(36'	1,273	37	3%	73			6%	1,528				
				Subtotal Utilities			1,336		419		1,200	(136	1,373	37	3%	173			14%	2,968	3,339			
																									0%				
		NE	OTHER MAINTENANCE: NE SECTOR								-	-	-	-								-				
60600		Roads and sidewalks																								
60610		Stormwater System & Drainage		6,000		2,500		6,000	-	12,000	6,000	100%	6,000			100%	25,000	25,000			
							-	-		.	.								.				
60611		Storm Damage and Clean Up							(4,000)								67%		13,708			
60620		Sanitary Sewer					10,000		900		6,000		10,000			4,000				12,000				
60630		Street Light Repair							-	-	-		33%					0%	-	3,290			
60640		Hardscapes		2,400		2,716		3,200	800	3,200	800							5,000				
60645		Signs							.	.	.									.				
60650		Miscellaneous Maintenance		1,200					.	(1,200	1,200			1,200					1,440	1,645			
				Subtotal		19,600		6,116		15,200	(4,400	26,400	6,800	35%	11,200			74%	43440	43,643			
																									4%				
				TOTAL EXPENSES NORTHEAST SECTOR		227,633		75,776		198,229	(29,404'	412,242	184,609	81%	214,013			108%	1,147,970	1,044,849			

Page 5

updated on 617/2018	Lakewood Ranch Stewardship District																
										Operations and Maintenance Budget Detail																
																																
																		Preliminary	Change vs. Budget		Change vs. Forecast					
						EXPENSES			Budget			YTD		Forecast	Variance vs.		Budget				ESTIMATED	Prior Estimate		
									FY2018		3/31/2018	9/30/2018	Budget		FY2019;	2018				2018			BUILDOUT {Bl			
					Acct#													RES. 2018-15													
																												100%				
						SARASOTA SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL																							
						Area identified as Sarasota County lands within the District																									
					SRQ	MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTS•																									
60101	Deer Drive from U.Pkwy. to LWR Blvd.			216,497		58,162	135,353	(81,144)	216,497		-				81,144	60%		259,796	296,772			
					60102   Lorraine Road from U.Pkwy. to Southern Boundary			172,580		86,828	168,507	(4,073)	172,580		-				4,073	2%		207,096	236,572			
																										
60103	LWR Blvd. from Communications Pkwy. to Southern Boundary			151,700		49,952	143,836	(7,864)	151,700		-				7,864	5%		182,040	207,949			
																						
60104	Lorraine Road; South Boundary to Fruitville Road					20,562	41,200	41,200	41,200		41,200				-	0%		-				
						Future Roads									-	-								500,000	500,000			
						Subtotal Landscape Maintenance Contracts			540,777			215,504	488,896	(51,881	581,977		41,200		8%	93,081	19%		1,148,932	1,241,294			
																											
					SRQ   NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS																					66.43%	1			
																														
60200	Irrigation Repairs			20,000			212		20,000		20,000		-				-	0%		65,000	65,000			
60210	Plant replacement			15,000			850		15,000	-	15,000		-						0%		40,000	40,000			
																									
60215	Mulching			32,450			24,195		32,450		32,450								0%		80,000	80,000			
60230	Tree Trimming			33,991			1,140		33,991	-	33,991						-	0%		80,000	80,000			
																								
						Other Landscaoe Maintenance; Non-Contracted								-	-	4,000		4,000				4,000			6,000				

						Subtotal Non-Contracted Landscacina			101,441			26,397		101,441		105,441		4,000		4%	4,000	4%		271,000	265,000			
					SRQ	IRRIGATION FOR MASTER LANDSCAPING			8,868			4,310		8,868		8,868		-				-			15.67%	0			
																							0%		10,642				
60250	Monthly Meter Charge																				12,156			
60255	Utilization			24,000			19,678		42,000	18,000	60,000		36,000				18,000	43%		200,000	150,000			
						Subtotal lrriaation			32,868			23,988		50,868	18,000	68,868		36,000			110%	18,000	35%		210,642	162,156			
					SRQ	ENVIRONMENTAL																					12.18%	0			
																															
60300	Lake maintenance for the lakes outside communities			5,000			4,325		8,000	3,000	10,000		5,000					2,000	25%		20,000	20,000			
60310	General consulting									-	-													
																								
60320	Water quality monitoring			-						-	-	-					-			-				
60330	Mitigation monitoring and maintenance			-		-				-	-					-			-				
																							
60340	Littoral Shelf Plantings			-		-				-	-								-				
																							
60350	Conservation Areas Exotic Soecies Removal			5,000		-		5,000		12,000		7,000					7,000	140%	20,000	20,000			
						Subtotal Environmental			10,000			4,325		13,000	3,000		22,000		12,000			120%		9,000	69%	40,000	40,000			
																												2.31%	0			
					SRQ	UTILITIES (Estimated via historical usage and projected additional area)						11,468		16,000	15,600		1,200							(14,800)	-93%	2,000				
																														
60400	FLORIDA POWER & UGHT			400									800								2,000			
60420	Manatee Countv											-	-					-			-				
						Subtotal Utilities			400			11,468		16,000	15,600		1,200		800			200%		(14,800)	-93%	2,000	2,000			
																												0.12%	0			
					SRQ	OTHER MAINTENANCE:			-			-			-		-	-								-				
60600	Roads and sidewalks																-							
																									
60610	Stormwater System & Drainage			12,000		-		8,000	(4,000)		12,000							4,000	50%	40,000	40,000			
																								
60611	Storm Damage and Clean Up								-	-		-									-				
60620	Sanitary Sewer									-	-								-			6,000	6,000			
																										
60630	Street Light Repair		-					-	-		-	-					-			-				
60640	Hardscapes and Signs				6,000					4,000	(2,000)		6,000		-					2,000	50%	8,225	8,225			
60650	Miscellaneous Maintenance				2,000			125		400	(1,600)		2,000							1,600	400%	2,742	2,742			
						Subtotal				20,000		125		12,400	(7,600		20,000				0%		7,600	61%	56,967	56,966			
																											
																												3.	0			
						TOTAL SARASOTA SECTOR		705 485		281 807		682,605	(22 881)		799 485		94 000		13%		116 881	17%	1,7	1,767,416			

Page 6

updated on 617/2018	Lakewood Ranch Stewardship District														
					Operations and Maintenance Budget Detail														
																												
					Budget				Forecast	Variance vs.		Preliminary	Change vs. Budget		Change vs. Forecast				
			EXPENSES			YTD					Budget				ESTIMATED	Prior Estimate		
					FY2018	3/31/2018		9/30/2018	Budget		FY2019;	2018		2018			BUILDOUT (B}			
																				
		Acct#														RES. 2018-15											
																									100.00%			
			GENERAL MAINTENANCE AND MANAGEMENT; APPORTIONED BY EDU's																								
			PERSONNEL										.															
60724	Ooerations and Maintenance Manaqement Fee• LWRD Personnel		125,000		24,500		125,000			268,000		143,000	114%	143,000		114%		500,000	500,000		
			Subtotal		125,000		24,500		125,000				268,000		143,000	114%		143,000		114%		500,000	500,000		
			GENERAL																						69.44%			
			Electric						.				.		.		.							.			
																											
60725	Uniforms						.				.		.									5,000	5,000		
60730	Job Materials										.		6,000		6,000		6,000				20,000	20,000		
																								
60735	Phone/Radio										.		.									12,000	12,000		
60740	Office Supplies										.		.				.				5,000	5,000		
60745	Fuel & Oil		.						.		12,400		12,400		12,400				50,000	50,000		
60750	Equipment										.							.				10,000	10,000		
60755	Tools/Machinery										.		500		500		500				10,000	10,000		
																								
60760	Supplies										.		500		500		500				10,000	10,000		
60765	Employment Advertising		.						.		.				.				2,000	2,000		
60770	Miscellaneous Maintenance		4,200		737		1,600	(2,600)	2,000		(2,200)	-52%	400		25%		24,000	24,000		
			Maintenance Facility Rent										.		.				.				24,000	24,000		
																										
			Vehicle R&M		.						.		1,200		1,200		1,200				5,000	5,000		
			Vehicle Leases								.		7,800		7,800		7,800				36,000	36,000		
																								
			Waste Management		.						.		1,600		1,600		1,600				5,000	5,000		
			Centralized lrriaation Svstem		.						.		.				.				2,000	2,000		
																								
			Subtotal		4,200		737		1,600	(2,600		32,000		27,800	662%	30,400		1900%	220,000	220,000		
																									30.56%			
			Total General Maintenance and Management		129,200		25,237		126,600	(2,600)	300,000		170,800	132%	173,400		137%		720,000	720,000		
																									100.00%			
60791	PARKS; APPORTIONED BY EDU'S		50,000		29,277		50,000			150,000		100,000	200%	100,000		200%	200,000	80,000		
																				
	Robert N Gardner Park at Lakewood Centre																			
60792	James L Patton Park at Kent Lake		25,000		.		25,000	.		60,000		35,000	140%	35,000		140%	60,000	60,000		
60793	Rooer A Hill Park at White Eagle Blvd.		.		.		12,000	12,000		12,000		12,000					0%	60,000	60,000		
			Total Parks		75,000		29,277		87,000	12,000		222,000		147,000	196%	135,000		155%	320,000	200,000		
																												
			TOTAL MAINTENANCE		3,211,141		1,572,187		3,329,887	118,747		4,402,352		1,191,212	37%	1,072,465		32%		7,312,321	6,928,659		

Page 7

updated on 617/2018	Lakewood Ranch Stewardship District															
					Operations and Maintenance Budget Detail															
																																			
																						Preliminary		Change vs. Budget	Change vs. Forecast					
			EXPENSES	Budget			YTD	Forecast			Variance vs.		Budget				ESTIMATED	Prior Estimate		
				FY2018	3/31/2018	9/30/2018						Budget		FY2019;	2018		2018			BUILDOUT (Bl			
		Acct#																				RES. 2018-15												
			RESERVES																											200,000	200,000			
			ADMINISTRATIVE																															
70000	Insurance	8,240		7,500	8,000			(240)	8,000		(240)	-3%	-		0%		42,517	50,000			
70010	Meeting Advertising	15,450		3,645	15,000			(450)	15,000		(450)	-3%			0%		42,517	25,000			
70020	Real Estate Taxes	-		-	-								.									-	-			
																										
70030	Engineering	70,000		20,872	60,000			(10,000)	70,000				0%	10,000		17%		75,000	200,000			
70040	Bond Agent Fees	30,000					20,000			(10,000)	30,000		-	0%	10,000		50%		75,000	106,291			
70050	Legal Fees	100,000		28,102	90,000			(10,000)	100,000			0%	10,000		11%		125,000	300,000			
70060	Accounting	32,000			11,845	30,000			(2,000)	32,000		-	0%	2,000		7%		125,000	159,437			
70065	Lien Book and Tax Roll	139,000			90,500	100,000			(39,000)	139,000		-	0%	39,000		39%		150,000	193,000			
70070	Annual Audit	17,000			10,000	15,000			(2,000)	17,000			0%	2,000		13%		75,000	79,719			
																						
70080	Trustee	100,000			24,684	70,000				(30,000)	100,000		-	0%	30,000		43%		200,000	372,020			
70090	Manager	85,000			40,675	70,000				(15,000)	85,000		-	0%	15,000		21%		200,000	180,000			
																							
70100	Travel and Per Diem	-			-	-			-		-	-						-				
70110	Telephone	-		-	-		-		.		-						-				
70120	Postage	1,500			-	1,000			(500)	1,500		-	0%	500		50%		2,657	2,657			
																						
70150	Office Supplies	1,500			208	500			(1,000)	1,500				1,000		200%						
70160	Other Current Charges	3,810					2,000			(1,810)	3,810				0%	1,810		91%		10,629	10,629			
70170	Dues, Licenses, Subscriptions	500			175	175			(325)	500				0%	325		186%		1,063	1,063			
70180	Capital Outlay	-		-						-	-				-				.				

70190	Meeting Room Rent									-	-	-		-				-				
			TOTAL ADMINISTRATIVE	604,000					238,206	481,675					(122,325)	603,310		(690)	0%	121,635		25%		1,124,383	1,679,817			
																											
			EXPENSES GRAND TOTAL	3,815,141			1,810,393	3,811,562			(3,578)	5,005,662		1,190,522	31%	1,194,100		31%		8,636,704	8,808,476			
			REVENUES· % FROM PLATTED LOTS																											100%				
			ASSESSMENTS FROM PLATTED LOTSb	2,096,793			2,299,431	2,299,431			202,638		2,918,102		821,309	39%	618,671		27%		8,636,704	8,808,476			
			ASSESSMENTS FROM UNPLA TTED	255,467					255,467								131,204	(124,263)	-49%	(124,263)	-49%						
			LANDOWNER CONTRIBUTIONS (A)	1,462,881			78,660	1,256,664			(206,217)	1,956,356		493,475	34%	699,692		56%						
			INTEREST INCOME																															
			OTHER INCOME																															
																																		
			TOTAL																							
				3,815,141			2,378,091	3,811,562			(3,579)	5,005,662		1,190,522	31%	1,194,100		31%	8,636,704	8,808,476			
																											TOTAL CHANGE VS.	PRIOR YEAR	(171,772)			
			OPERATING SURPLUS (DEFICIT)	0					567,698	0							-1		0				0				0	a		

(A) INCLUDES LOTS NOT PLATTED AT BEGINNING OF YEAR AND SOLD TO A THIRD PARTY DURING YEAR.

"Landscape contracts are inclusive of turf maint, shrub & ornamental tree maint, bed maint, and irrigation system programming and inspection. Contracts are not inclusive of palm and canopy tree pruning, mulch, annuals or irrigation repairs.

bBuildout assessments budget includes a cushion to account for county administration and collection fees equating to 3% and up to 4% for discounts aloud. Assessment revenue itemized for the proposed 2019 Fiscal Year is calculated at 95% of total inclusive of the cushion.

(B) BUILD OUT AMOUNTS ARE IN CURRENT YEAR$. FINAL BUILD OUT AMOUNTS MAY BE SIGNIFICANTLY DIFFERENT DUE TO ECONOMIC FACTORS AND PLAN CHANGES

ADOPTED AND APPROVED BY RESOLUTION 2018-15 OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT BOARD OF SUPERVISORS FOLLOWING A PUBLIC HEARING WITH A QUORUM PRESENT AND VOTING ON JUNE 8, 2018

BY: ------------------
CHAIRMANNICE-CHAIRMAN

ATTEST: _________________

SECRETARY/ASSISTANT SECRETARY

Page 8

updated on 6/7/2018

LAKEWOOD RANCH STEWARDSHIP DISTRICT

FOR OCTOBER 1, 2018 TO SEPTEMBER 30, 2019 DISTRICT OPERATION & MAINTENANCE BUDGET

BUDGET SUMMARY SCHEDULE SHOWING COST PER UNIT & ASSESSMENT PER UNIT

					PRELIMINARY													
												ESTIMATED				CHANGE		
					BUDGET	CHANGE VS.		AVG. PER										
				2018 ESTIMATE			UNITS					BUILDOUT	UNITS	AVG. PER UNIT	PRIOR YEAR	VS. PRIOR		
					FY2019; Res.	PRIOR YEAR		UNIT										
												BUDGET				YEAR		
					2018-15													
																		
	SOURCES OF FUNDS																	
	ASSESSMENTS - PLATTED PARCELS			$2,299,431	$3,071,686	$772,255	8,706	$353				$8,636,704	26,551	$325	$326	($1)		
		SE															
		NW															
		NE															
																	
		SRQ															
																		
	ASSESSMENTS  - UNPLATTED LAND			$255,467	$131,204	-$124,263						$0						
		SE			-49%												
		NW															
		NE															
		SRQ															

	LANDOWNER CONTRIBUTIONS - SMR			$1,256,664	$1,956,356	$699,692						$0						
																		
		SE			56%												
		NW															
		NE															
																	
		SRQ															

	TOTAL SOURCES			$3,811,562	$5,159,247	$1,347,684	8,706	$353				$8,636,704	26,551	$325	$326	($1)		
																		
		SE															
		NW															
		NE															
		SRQ															

	USES OF FUNDS					Variance	Variance Notes:											
	SOUTHEAST SECTOR			$963,309	$1,254,975	$291,666	Masters & Bourneside				1,577,970	4,076	$387	$370	$17		
	NORTHWEST SECTOR			$1,272,145	$1,413,650	$141,506	44th. 117street, etc.				1,816,841	8,650	$210	$183	$27		
	NORTHEAST SECTOR			$198,229	$412,242	$214,013	Uihlein Road					1,147,970	9,797	$117	$106	$11		
	SARASOTA SECTOR			$682,605	$799,485	$116,881	All new					1,729,540	4,027	$429	$439	($10)		
	GENERAL MAINTENANCE			$126,600	$300,000	$173,400	O&M Management Fee; LWRD		720,000	26,551	$27	$34	($7)		
	PARKS MAINTENANCE			$87,000	$222,000	$135,000	Parks completed					320,000	26,551	$12	$0	$12		
																		
	GENERAL RESERVES			$0	$0	$0						200,000	26,551	$8	$7	$1		
	ADMINISTRATIVE			$481,675	$603,310	$121,635	New bonds/ more activity				1,124,383	26,551	$42	$62	($20)		
																		
	TOTAL USES			$3,811,562	$5,005,662	$1,194,100					$	8,636,704	26,551	$325	$326	($1)		
															
											ASSESSMENT PER UNIT BY SECTOR:				
	NET ADDITION TO FUND BALANCE			$0	$153,584						SOUTHEAST SECTOR TOTAL	$476	$481	($5)		
											NORTHWEST SECTOR TOTAL	$299	$297	$2		
	USES CHANGE VS PRIOR YEAR				$1,194,100						NORTHEAST SECTOR TOTAL	$206	$217	($11)		
	PERCENTAGE CHANGE				31%						SARASOTA SECTOR TOTAL	$519	$550	($31)		

Current year per unit assessments are the projected amount of the per unit annual assessments at buildout.  The per unit annual assessment at buildout is based

on estimated EDU'sat bulldout and acres within the District. Please see detail schedules on both and please note the following:

BUILDOUT AMOUNTS ARE ESTIMATES BASED ON INFORMATION AT THE TIME OF THIS SCHEDULE USING NEW BUDGET YEAR$,

ACTUAL BUILDOUT AMOUNTS MAY BE SIGNIFICANTLY DIFFERENT FROM THE AMOUNTS SHOWN ABOVE DUE TO CHANGES IN LAND PLANS, EDU's,INFLATION

Page 9

updated onS/7/2016

		LAKEWOOD RAtiCtt STEWARDSHIP D!STRlCT																				
		ESTIYATEDEOOs BY COMMUlllTY NIDALLOCATIOll OFOPERATIOtlS & MMITEHAIICEBUOOET - BASED OU PROJECTIOtlSAS OF MAY 2018											
		FOR OCTOBER 2018 TO SEPTEMBER 2019 D!STRlCT OPERATIOtlS & MAAITEtWlCE BUOOET																
		ESTUdATEDEDUS																Ren,nuebasoo on# of EDU			
																					
				PROJECTED BULOOUT EDUS				PLATTEDASOFMAY2018				WfiN		ASSESSMEIITS			
					ASOFMAY2018			½OF	BUOGETYEAR EOUS		½OF		SECTOR	PER	REVEt/UE	PRIOR	VAA		
				RES UNITS	RES EDU	ro.i.1.1eou	TOTAL	TOTAL	RES	COl.lM	TOTAL		TOTAL		•h'S	EDU	TOTAL	YEAA			
																					
		SE SECTOR														13½		15'6,190	157,837	-1,647		
		lAKEClUB-SF-P~t &2	328	328			328		1.24%	328		318		3.77%								
		LAJ<E ClUB-SF-PhareJ (Stock)	304"	304"			304"		0.26%	"		"0		Q78½		3½		32,381	0	32,381		
		LAKE CLUB- SF - Pl;a.;,3 4- S!oci; De;elqiment							1.14%					0.00%		O½		0	0	0		
		CC EAST-SF	1,260	1,260			1,2M		4-75%	1,250		1,260		14.47%		52%		599,998	606,325	-6,32$		
		CC EAST - MF - •au1,;_;-0e·	92	"			"		0,17%	"		"		0.53%		2%		21,905	22,136	·231		
		CCE EAST GOLF COURSE				"			0"°7%		"			0.21%		1½		8,571	8,662	,.,		
		DEL WEBB- Ptite 1-iam!s	1,300	1,300			1,300		•m	707		707		am,		2'½		336,fi66	188,634	148,031		
							"					"		0.00%				0	0	0		
		To!""""	450	450			450		1.69%			0				O'h						
		D:o:eseofSa-ascta-C8'1dfo&hod&ta 8:JactE!$				40	40		0.15%			0		000½		O½		0	0	0		
		SMRBuMrg				11	11		0.05%		11	11		0.14%		O½		5,714	0	5,714		
		UI.WCORNERS (NccthAmerican Prop)-150,00J b:t.al sqfl				60	.,		0.23%			0		0.00%		O½		0	5,ns	-5,775		
		REMAIN NG EAST LANO-{EastofBolrn)	150	150		20	170		0.64%			0		0.00%		O½		0	0	0		
		TriEnj,ePat:el-SW CO"!'oe!'dMast«s&Boumsfde				10	20		0.08%			0		0.00%		O½		0	0	0		
-		SUBTOTAL	J,952	J,9)6		170	4,076		15.35%	Z409	30	,.,,		28.02½		100%	$476	$1,161,425	$9'89,368	$172,057		
																					15%		
		NW SECTOR							3.11%	826		826				18%		247,041	245,154	1,887		
		C-EUTRALPARK	826	826			826							9-49%								
		CENTRAL PARK COW,l				60	.,		0.23%			0		0.00½		0%		0	0	0		
		Lakewood Center South/ WI Sector:																284,127	238,031	46,05'5		
		ESPLANADE - SF	1024	1024			1,024		3.00%	950		950		10.91%		20½						
		ESPLAf!ADE-MF(Ttv.nhomes)	176	175"			275"		0.33%	275"		.,		1.01%		"'		26,319	16,621	9,698		
		BRJOOEWATER-1.eMa-Hcmes	275						1.04%			275		3,t!i%				82).47	81,619	"'		
																6%		42,469	42,145			
		HARMOllY-SF	142	142			142		0.53%	142		142		1.63%		3%						
																					324		
		HARMONY-MF(Tr.v.ni",crnes)	535	268			268		1.01%	149		149		1.71%		3%		44.414	44.074	339		
		LOST CREEK APARTMENTS	272	136			136		o.51%	136		136		1.56%		3½		#:1,675	<0,364	311		
		CREEKSIDE APARTMEtITS	256	128			118		049%	118		128		1.47%		3%		3',282	37,990	2'2		
		LUXAPARTI,IENTS- IM.is De.lopment.flcrtS J	237	119			119		045%	11,		119		t36%		3½		35,441	35,170	271		
		Pa'i~(DRH:irloo)	""	140			140		0.53½	0		0		0.00½		O½		0	0	0		
		tUiSeclofPffl"F"				8	8		0,03%	0		0		0,00%		O'h		0	0	0		
																						
		tN/SecUParcEl"K"				4	4		002%	0		0		0.00%		O'h		0	0	0		
		Cltl-Ja'Canmmial Sites-Pa-eds Lto a				32	32		0.12'%	0		0		0.00½		0%		0	0	0		
		Pa.el"F"-olfd4411	76	76			76		0.29%	0		0		0.00½		""O½		0	0	0		
		Patel 1-f-~ela'ld &Lcmioo				10	10		004%	0		0		0,00%				0	0	0		
		CORE (within LWCS):							Q_3J½									26,000	0	26.oro		
		[.al,;etJoraAcqtisffom, LLC- Te.istock (C<rnme1cia/Retal)	""			87	87			87		87		1.00½		2%						
		l.a';eNona Acqtisi'fons,LlC- Tat,istccl. (Apa1rne0ts)		125			125		0.41%	0		0		0.00½		0%		0	0	0		
		Uat:edesMedeal				20	20		0.08%	0		0		000%		O½		0	0	0		
		ep.<:m30tf..canes				20	10		0.08%	0		0		0.00½		O½		0	0	0		
		CORE ramining 187 acrE!$				00-0	00-0		3.01%	0		0		0.00%		O½		0	0	0		
		Lakewood Center North 1 • "Commercial Unta•:																		94		
		SEN',ORLYFESTYl£S-LWCHlot t				41	41		0.16%	0	41	41		0.47¾		1½		12,310	12,216			
		LWCNLC<5				30	30		0.11%	0	0	0		0,00½		O½		0	0	0		
		1NTERCOASTALIJEDPH2-MOB II- LWCN Lrt6 & 7				9	20'	0.03%	0	9	'0		0.10¾		O'h		2,593	2,573	20		
		LWCUL«8				20		0.03%	0	0			0,00%		O½		0	0	0		
		TIDEWEll-LWCNlct9				9	10'	0.03%	0	9	10'	0.101,1,		0%		Z648	2,628	20		
		INTERCOASTALMEDICAL GROUP- LWCN lot 10				10		0,04%	0	10		Q12½		O½		3,039	3,015	23		
		Lakewood Center t¥Jrth:												'10½				54,732	54,314	418		
		ARBORGRANOE-Standa,;I POOk-SF	183	183			183		0.69¾	183		18.l			4%						
		ARBORGRA.1.nE-Swida"dPOOk-MF	122	61			61		023½	61		61		0.70¾		1½		18.244	18,105	139		
		MALLORY PARK - C,:-,,osta Hm\1!$ - SF	328	328			328		1.24%	"'11		2'6		3.06%		6½		79,556	33,538	t.6,017		
		,.iALLORY PARK- avosta Hanes- MF	108	54			54		020½			11		0.13%		O½		3,290	3,265	25		
		ECHO LAKE APARThlEIITS- Hooie by Tw.ne	360	576""			180		0.68%	180		180		2.07½		4%		53,835	17,808	36,027		
ro		INDIGO- Nea Homes	576				576		2.17%	516		516		""'2.71¾		12%		172,271	77,167	95,103		
"'		SAVA1awl-M«lt;geH«Ms	475	475			475		1.79%	236		236				5%		70,583	70,044	539		
		Woodeaf Harmock - fbn(!$ Ir/ TO'Mle- SF	103	103			103		0.39%			0		0.00%		O'h		0	0	0		
'"		Woodeaf Harmock- thnE!$ lrj Tw.11e -MF	""	01			"		0,30%			0		000½		O½		0	0	0		
																					0		
		Futtre Pmel-m/ctmefdlooane& 44th ♦65 a:res	200	200			200		0.75½			0		0.00½		0%		0	0	0		
		Pa,;el "\.f- tkril ofWoodfSTrl.-Apatnwnts	300	150			150		056%			0		0.00%		O½		0	0	0		
		Pair.:f:d "tf•SotihofWcooleelTrl. -Apatm,nts	500	250		.,	"".,		0.94½			0		0,00%		O½		0	0	0		
		Pa-cf:d"\.f-SouthofWroJeafTrl.							0.23%			0		QOO½		O½		0	0	0		
		IN/ Ccm::rcf44th & Write EEge-Apa-bneits	240	120			120		0.45½			0		0.00½		O½		0	0	0		
		Pai:el "FF'-SEcomerof117thmdSR64- Retal				66	"		015½			0		0.00%		O½		0	0	0		
		Pa,;el GG, HH, 11, JJ, KK, LL- 252,500 Sq Ft- ir.:!u&s Mize pttlix			101	101		0,38%			0		000%		O½		0	0	0		
		Pan::f:d GG, HH, II, JJ, KK, LL-Apamieits (i/1 wnte E&je	250	125			125		0.47%			0		0.00½		O½		0	0	0		
rn		Bu!slness ea1k & Commerce Parle												Q37%				9.571	0	9,571		
		c«de-iSelfStcr.rJ'.l				32	32		0.12%		32	32				1¾						
~·		HarodPrqia1ies				200	200		0.75%		200	200		230½		4½		59,816	0	59,816		
		FUTURE Parcels					00-0	roo		3.01%		0	0		000%		O½		0	0	0		
		SUBTOTAL	8,114	6,231		2,419	~650		3US½	4,412	301	4,713		54.14½		100%	$299	$1,409,581	$1,075,842	$333,739		
																					24%		
'"'	NE SECTOR		1,577			1,577		5,94%	765		765		8.79%		78'!.		157,764	85,964	71,800		
	lAKEWOOO tLATIONA.L- leMar Homes	1,577																			
			423						1.59%					241½		22%						
-		POLORUN-Lennarl-kmes		423			423			212		212						43,720	0	43,720		
		FUTURE RES!DEtffiAL	7,0'8	7,0'8			7,0'8		26.70¾			0		0.00'¼		0%		0	0	0		
		FlITURE COMMERCIAL				400	400		1.51%			0		0,00%		O½		0	0	0		
		Lorra!n~ & SR70 • tlE Comer												0.00%				0	0	0		
		Putfu+3oll.pa'ce's				100	100		0.38%			0				O½						
		Ba-jSldePetResort				6	6		0.02¾			0		0.00%		0%		0	0	0		
		BigJmSelfStaag'.l				"	"		O~½			0		0.00%		O½		0	0	0		
		Lomine NECcrntn -lots 6& 7				44	44		0.17%			0		~w.		0%		0	0	0		
		l«ra'neNECann•lot3				30	30		0.11%			0		0,00)1		0%		0	0	0		
		Lominel-EC<mfll1-Lol4				30	JO		0.11%			0		ow.		0%		0	0	0		
		LcmineNECamn•Lol5				JO	30		0.11%			0		0.00%		O½		0	0	0		
													977		11.12%		0%	""		$85,964	.,.		
....		SUBTOTAL	9,088	9,088		709	9,797		36.90%	977								$201,484		$115,520		
		SARASOTA							H5%							O½			0	0		
		MURE SUK;LE FA.\IJly	1,021	1,021			1,021					0		0.00%				0				
~"		FUTURE MULTI FAMILY	3,084	1,542			1,542		5,81%			0		0,00½		0%		0	0	0		
		SHOREVIEW- Pute-Nl SF	246	249			248		0,$3%	249		249		2~•		43%		127,560	0	127,560		
		LAl(EHOUSE COVE·Homes b-/ TOM!a - SF	331	331			331		1.25%	331		331		3,lll%		57%		171,eJEI	0	171,eJEI		
~				290	145			145		0,55%			0		000'4		0%		0	0	0		
'"''tmisOeiJSq:,mertApatnertf					66					0		0.00'4		0%		0	0	0		
		RyanAsSstedlMng	172	66		156			0.32%													
		COMl.!ERCIA.l					15!		0.$9%			0		0,00½		0%		0	0	0		
		KAMLErS	500	500			500		1.111%			0		0,00½		0%		0	0	0		
		SUSTOTAL	....	~871		158	<027		15.17%	877		m	l61%		100\\	$519	$299197	$8	m9197		
																					100\\		
																	ISJ,071,686	52,11,14	p20,:n3		
	IN.L TO Al	26,798	"·'"	~455	26,.,1			~ 75	33	~70										
								PrlorY1r.	6;978	99	6,077										
		Op«a'ioo&M2in2M"ICeAnnu!!Asstssmen!tMCha'!jl&dPer~EDUAsFo!Ol'l'!;:tb!.elhat8MJ!llas1ffSl'Ml'UshcwicaSGhedi.tenf«IEDU											
		Si.FemlJtlcmt=IEOU				Ccrnrn,erd!!EDVS		2,500SOFT.=1EOU												
		MU!iF!l'NyHom41s1/2ofEOU				The8qJa-1Feetls8kGO?=GtnefalOe'l'elq;mertPlan•IIX!llsqua-1feetnPlan-O-Be$tErimat1						
The Budeet-As:sessmeri. Per EDU snot.rrt Wn'!'1S>O't'e ls goued LI) b-f 7% fa pace,ment oo the Mairtee Co1t1t,' Reel Ests.e Tlt(es lmo'ce.
Thai,oss up!s4% discOU"lll«e«typ.ayment ?rq;ertf .A.ppra'serfeeci1.5'.4 & Ta.:c Cd!ei:-tafeeci 1.5%
Perasepln!leca(Uelioo,l~nchlrged.-i:ldtectb11edanassessml!ntcaapera:.r11basisra!ardMlhe,0nnlhii.hasndbeenpl.a!!ed.
Pleese see schedUe dam,s f<r IN1 assessmertcalcumofl

Page 10

updated on 617/2018

	LAKEWOOD RANCH STEWARDSHIP DISTRICT												
	ESTIMATED ACRES BY PARCEL BASED ON PROJECTIONS AS OF MAY 2018									
	FOR ALLOCATION OF OPERATION & MAINTENANCE ASSESSMENTS ON LAND NOT PLATTED					
	FOR OCTOBER 2018 TO SEPTEMBER 2019 DISTRICT OPERATIONS & MAINTENANCE BUDGET					
																		
	ESTIMATED ACRES BY PARCEL													
														PER ACRE		
					I	BU!LDOVT ACRES		%OF	BU!LDOVT	ASSESSMENT			
						RES	COMM	TOTAL		TOTAL	BUDGET	AMOUNT		
	SE SECTOR -Manatee County	728		728		3,41%							
	LAKE CLUB								285,407				
	EAST OF LAKE CLUB	909		909		4.26%			356,366				
	CC EAST	1,164		1,164		5.46%			456,337				
	CCE GOLF COURSE	350		350		1.64¾			137,215				
	EAST PULTE AGE REST	604		604		283%			236,793				
	REMAINING EAST LAND	157		157		0.74%			61,551				
	Diocese of Sarasota		83	83		0.39%			32,539				
	UNIV CORNERS/SMR		30	30		0.14%			11,761				
										0.00%			0				
	SUBTOTAL		3,912	113	4025		18.87%	1,577,970	392				
	NW SECTOR													
	CENTRAL PARK	355		355		1.66%			201,297				
	CENTRAL PARK COMM		18	18		0.08%			10,144				
	La~.EY.000 Center South, trN Sectoc		195		195										
	ESPLANADE					0.91%			110,696				
	ESPLANADE - GOLF	400		400		1.88%			227,069				
	BRJDGEWATER- leruia'Hcmes	278		278		1.30¾			157,813				
	HARMOUY-Mattamy	245		245		1.15%			139,080				
													
	LOST CREEK APARTMENTS	24		24		0.11%			13,505				
	CREEKSIDE APARTI.IENTS	17		17		0.08%			9,480				
	LUX APARThlENTS • Davis De-lqimert.Pan:e! J	24		24		0.11%			13,624				
	tN/SectcrParce11•	54		54		0.25%			30,654				
	tNI Se:tcr Parcel 'F"	14		14		0.07%			8,174				
	Lake'MXX!Cen!e<Pa'ce!'!'	90		90		0.42%			51,090				
	We.\OCld Center P.rte! • J"	149		149		0.70%			84,583				
	Other l,Mti Famfr/- Hotel·!B.J	4		4		0.02¾			2,044				
	Other CcmmB'cialSites - Patels L to Q	35		35		0.17¾			20,096				
	Otherl.!fUnh-PacelR	44		44		0.21%			24,864				
	Lake-MXJCl Cerue< tkrth 1- "Comma-dal Unis":														
	SEUIOR LYFESTYLES • LWCN lot 1		7	7		0.03%			3,690				
	LYIO!lot5		4	4		0.02%			2,4S6		
	l.!081!-LV.ctllot6&7		3	3		0.01%			1,538				
	L'I.CNlotB		1	1		0.01%			761				
	TIDE'NELL-LIM}N Let 9		2	2		0.01¾			1,414				
	INTERCOASTAL MEDICAL GROUP- LWCN Let 10		3	3		0.01%			1,663				
	La.~e'MXldCenter Nath:	100												
	ARBOR GRANDE - Stard.rd Pacifu			100		0.47%			56,767				
	MALLORY PARK·Divosta Homes	150		150		0.70%,			85,151				
	ECHO tAKE APARThlENTS • Home by ToMle	21		21		0.10%			11,921				
	INDIGO-Neal Homes	93		93		0.44%			52,794				
	SAVANHAH • Meritag? Homes	304		304		1.43¾			172,572				
	FUTURE RESIDENTIAL	22		22		0.10%			12,659				
	FUTURE MULTIFAl.!ILY	31		31		0.14%			17,428				
	FUTURE COMMERCfAL- Offl::e & Reta.I		75	75		0.35%			42,575				
	BUSINESS PARK		182	182		0.85%			103,316				
	COMMERCE PARK •east of LWRB		144	144		0.68%			81,745				
	BUSINESS PARK-east of LWRB			113	113		0.53%			64,147				
	SUBTOTAL		2,648	552	3,201		15.00"/2	1,816 841	568				
	NE SECTOR													
	COMMERCIAL		797	797		3.74%			156,052				
	MULTI-FAMILY	161		161		0.75¾			31,524				
	LAKE'l.000NATIONAL/ POLO RUN	1.292		1,292		6.06%			252,973				
	RESIDENTIAL	3613		3,613		16.94%			707,422				
	SUBTOTAL		5,066	797	5 863		27.49%,	1,147,970	196				
	SARASOTA													
	RESIDENTIAL	5,500		5,500		25.78%			1,154,146				
	COMMERCIAL		120	120		0.56%			25,181				
	HERITAGE RANCH		2,258	2,258		10.59¾			473,829				
	HAMLETS	364		364		1.71%			76,383				
	SUBTOTAL		5,864	2,378	8,242		38.64%	1,729,540	210				
													
											111				
	ADMINISTRATIVEJGENERAL							2,364,383					
	Totals	17,490	3,840	21,331		100%	8,636,704	405				
	Wetland Systems Not A.ssessed - benefit all			1,724										
	TOTAL DISTRICT ACRES PER BOND VALIDATION		23,055										
	NOTE:											The District charges the land 0.'lneran annual		

CC East is Country Club East consisting of the original 851 acres plus 178 acres "Ritz Option" and 135 acre "Triangle parcel= 1,164  per acre assessment for the undeveloped land

NE Sector - land east of Lorraine Road and north of State Road 70 - East North@ 3,401 acres & East South at 2,462 acres= 5,863 a equal to 50% oftheAdmn!nistrative per acre

Sarasota - the 8,242 acres of Sarasota land is per Sarasota County Tax ID #s when District was formed		buildoutbu  et						
													
Land Owner Contribution Summary		#ofTotal	Unit Per	#of Platted	EDU Not Platted	Per Acre		Assessment				
Unplated Acreage Contributions	#of Acres	EDU	Acre	EDU	Divided by	A.ssessment		Amount				
land Owners					Ul'lltPaAaeto	"'EqualtoSO½oflM						
					Equal Aaes to B~ On	Admlnperacrebui'doul						
Southeast Sector:			0,68										
Stock Development (Lake Club Ph 4}	450,00	304		0	450	$55		$24,940				
Pulte Homes (Del Webb)	643.00	1,300	2.02	707	293	$55		$16,256				
Toll Brothers (The Isles at LWR)	339.00	450	1.33	0	339	$55		$18,788				
Diocese of Sarasota - CathoUc School Site	83.00	40	0.48	0	83	$55			$4,lj()I)				
UNIV CORNERS {Nath Am«i:an Prqierues)	20.00	60	3.00	0	20	$55		$1,108				
Northwest Sector'									~			
	17,87		3.36		18	$55		$990				
Central Park Commercial Land		80										
Esplanade- Taylor Morrison	400.00	1,112	2.78	1,036	27	$55		$1,475				
HARMONY - Mattamy Homes	245.00	410	1.67	291	71	$55		$3,946				
Palasades - DR Horton	53.22	140	2.83	0	53	$55		$2,950				
Tavistock	42.00	212	5.05	87	25	$55		$1,371				
Mercedes Medcal	5.00	20	4.00	0	5	$55		$277				
Optimal Outcomes	5.00	20	4.00	0	5	$55			sm				
MALLORY PARK- Divosta Homes	150.00	362	2.55	277	41	$55		$2,285				
SAVANNAH - Meritage Homes	304.00	475	1.56	236	153	$55		$8,477				
Woodleaf Hammock- Homes by TO'M'le	74.40	183	2.46	0	74	$55			__.lifil_		
Northeast sector;								~			
													
LAKEWOOD NATIONAL I POLO RUN- Lennar Homes	1,292.00	2,000	1.55	977	681	$55		$36,626				
Lorraine NE Corners - Publix	16.94	100	5.90	0	17	$55		$939				
Ba-fsldePetRes:at	2.68	6	2.19	0	3	$55		$149				
B!gJimS!lfstcragit	6.52	69	10.61	0	7	$55		$361				
								$37,565	'		
~	25,00	145	5,80		25	$55		$1,386				
Davis Devefopment Apartments												
Ryan Car!>"'Y. Asmted LMng F,dlfy	7.00	86	12.29		7	$55		$~3::4	•		
											
Total Non-SMR					2,377			$131.204				

Page 11

updated on 6[7/2018

LAKEWOOD RANCH STEWARDSHIP DISTRICT
Projected General Maintenance & Administration Cost at Bulldout • Shared Expenses Per EDU
					EQUIVALENT DWELLING UNITS (EDU'S)												
		Projected	SE Sector	NW Sector	NE Sector		SRQ Sector	2018,2019			SE	NW	NE	SRQ		
		Build,Out						Budget							
																			
		Budget	4,076	8,650	9,797		4,027									
	GENERAL MAINTENANCE		15%	Per Unit	33%	Per Unit	37%	Per Unit		15%	Per Unit									
	Field staff Payroll; Subtotal	500,000	76,759	$18.83	162,905	$18.83	184,499	$18.83		75,837	$18.83	268,000			41,143	87,317	98,891	40,648		
	Uniforms	5,000	768	$0	1,629	so	1,845	$0		758	$0									
	Job Materials	20,000	3,070	$1	6,516	$1	7,380	$1		3,033	$1	6,000			921	1,955	2,214	910		
	Phone/Radio	12,000	1,842	$0	3,910	$0	4,428	$0		1,820	$0									
	Office Supplies	5,000	768	$0	1,629	$0	1,845	$0		758	$0									
	Fuel & Oil	50,000	7,676	$2	16,291	$2	18,450	$2		7,584	$2	12,400			1,904	4,040	4,576	1,881		
																				
	Equipment	10,000	1,535	$0	3,258	$0	3,690	$0		1,517	$0									
	Tools/Machinery	10,000	1,535	$0	3,258	$0	3,690	$0		1,517	$0	500			77	163	184	76		
																				
	Supplies	10,000	1,535	$0	3,258	$0	3,690	$0		1,517	$0	500		77	163	184	76		
	Employment Advertising	2,000	307	so	652	$0	738	$0		303	$0									
	Misceffaneous Maintenance	24,000	3,684	$1	7,819	$1	8,856	$1		3,640	$1	2,000		307	652	738	303		
	Maintenance Facifity Rent	24,000	3,684	$1	7,819	$1	8,856	$1		3,640	$1									
	Vehicle R&M	5,000	768	$0	1,629	$0	1,845	$0		758	$0	1,200		184	391	443	182		
	Vehicle Leases	36,000	5,527	$1	11,729	$1	13,284	$1		5,460	S1	7,800		1,197	2,541	2,878	1,183		
	Waste Management	5,000	768	$0	1,629	so	1,845	so		758	$0	1,600		246	521	590	243		
	Centralized lnigation System	2,000	307	$0	652	$0	738	$0		303	so									
	Subtotal	220 000	33 774	$8	71,678	$8	81179	$8		33 368	$8	32,000		4,913	10,426	11,808	4,854		
	Parks	320 000	49126	$12	104 259	$12	118079	$12		48 535	$12	222,000		34,081	72,330	81,917	33,671		
	TOTAL GENERAL MAINTENANCE	1,040,000	159,660	$39	338,843	$39	383,757	$39		157,740	$39	522,000		80,137	170,073	192,617	79,173		
	ADMINISTRATIVE																			
	Insurance	42,517	6,527		13,852		15,689			6,449		8,000		1,228	2,606	2,952	1,213		
	Meeting Advertising	42,517	6,527		13,852		15,689			6,449		15,000		2,303	4,887	5,535	2,275		
	Real Estate Taxes																-			
	Engineering	75,000	11,514		24,436		27,675			11,375		70,000		10,746	22,807	25,830	10,617		
	Bond Agent Fees	75,000	11,514		24,436		27,675			11,375		30,000		4,606	9,774	11,070	4,550		
	Legal Fees	125,000	19,190		40,726		46,125			18,959		100,000		15,352	32,581	36,900	15,167		
																			
	Accounting	125,000	19,190		40,726		46,125			18,959		32,000		4,913	10,426	11,808	4,854		
	Lien Book and Tax Roll	150,000	23,028		48,872		55,350			22,751		139,000		21,339	45,288	51,291	21,083		
	Annual Audit	75,000	11,514		24,436		27,675			11,375		17,000		2,610	5,539	6,273	2,578		
	Trustee	200,000	30,704		65,162		73,799			30,335		100,000		15,352	32,581	36,900	15,167		
	Manager	200,000	30,704		65,162		73,799			30,335		85,000		13,049	27,694	31,365	12,892		
	Travel and Per Diem																			
	Telephone																			
	Postage	2,657	408		866		981			403		1,500		230	489	553	228		
	Office Supplies											1,500		230	489	553	228		
	Other Current Charges	10,629	1,632		3,463		3,922			1,612		3,810		585	1,241	1,406	578		
	Dues, Licenses, Subscriptions	1,063	163		346		392			161		500		77	163	184	76		
	Capital Outlay																			
	Meetina Room Rent																			
	TOTAL ADMINISTRATIVE	1124,383	172 614	$42	366 336	$42	414 894	$42		170 539	$42	603 310		92 619	196 565	222 620	91506		
																				
	ALL TOTAL SHARED EXPENSES	2,164,383	332,273	$82	705,179		798,651		328,279		1,125,310		172,756	366,638	415,236	170,679		

Page 12

Lakewood Ranch Stewardship District

Proposed Debt Service Fund Budget

South East Sector, North West Sector, North East Sector and Sarasota Sector

Special Assessment Bonds FY 2019

ASSESSMENT REVENUES			
Belleisle Special Assessments Series 2011A	$	219,400.00	
Central Park Special Assessments Series 201 0A		364,680.00	
Central Park Special Assessments Series 2013A		749,542.50	
Country Club East Special Assessments Series 2006A		2,286,455.00	
Country Club East Special Assessments Series 2013A		934,217.50	
Country Club East Special Assessments Series 2014A		1,137,683.75	
Del Webb Special Assessments Series 2017A		1,309,281.25	
Lakewood Centre & NW Sector Special Assessments Series 2011A		4,357,215.00	
Lakewood Centre North Series 2015A		3,176,787.50	
Lakewood National & Polo Run Special Assessments Series 2017A		4,516,896.89	
Lake Club Special Assessments Series 2006A		1,366,520.00	
Villages of Lakewood Ranch South Series 2016A		6,752,265.64	
	$	27,170,945.03	
TOTAL ASSESSMENT REVENUES	$	27,170,945.03	
EXPENDITURES			
Belleisle Special Assessments Series 2011A - Interest 11/1/2018	$	63,600.00	
Belleisle Special Assessments Series 2011A - Principal 5/1/2019		30,000.00	
Belleisle Special Assessments Series 2011A - Interest 5/1/2019		63,600.00	
Central Park Special Assessments Series 201 0A - Interest 11/1/2018		107,300.00	
Central Park Special Assessments Series 201 0A - Principal 5/1/2019		45,000.00	
Central Park Special Assessments Series 201 0A - Interest 5/1/2019		107,300.00	
Central Park Special Assessments Series 2013A - Interest 11/1/2018		211,067.50	
Central Park Special Assessments Series 2013A - Principal 5/1/2019		120,000.00	
Central Park Special Assessments Series 2013A - Interest 5/1/2019		211,067.50	
Country Club East Special Assessments Series 2006 - Interest 11/1/2018		556,200.00	
Country Club East Special Assessments Series 2006 - Principal 5/1/2019		635,000.00	
Country Club East Special Assessments Series 2006 - Interest 5/1/2019		556,200.00	
Country Club East Special Assessments Series 2013 - Interest 11/1/2018		271,135.00	
Country Club East Special Assessments Series 2013 - Principal 5/1/2019		125,000.00	
Country Club East Special Assessments Series 2013 - Interest 5/1/2019		271,135.00	
Country Club East Special Assessments Series 2014 - Interest 11/1/2018		312,722.50	
Country Club East Special Assessments Series 2014 - Principal 5/1/2019		205,000.00	
Country Club East Special Assessments Series 2014 - Interest 5/1/2019		312,722.50	
Del Webb Special Assessments Series 2017A - Interest 11/1/18		356,393.75	
Del Webb Special Assessments Series 2017A- Principal 5/1/2019		245,000.00	
Del Webb Special Assessments Series 2017A- Interest 5/1/2019		356,393.75	
Lakewood Centre & NW Sector Special Assessments Series 2011A - Interest 11/1/2018		1,264,620.00	
Lakewood Centre & NW Sector Special Assessments Series 2011 A - Principal 5/1/2019		585,000.00	
Lakewood Centre & NW Sector Special Assessments Series 2011A - Interest 5/1/2019		1,264,620.00	
Lakewood Centre North Special Assessments Series 2015A - Interest 11/1/2018		847,925.00	
Lakewood Centre North Special Assessments Series 2015A - Principal 5/1/2019		660,000.00	

1

Lakewood Ranch Stewardship District

Proposed Debt Service Fund Budget

South East Sector, North West Sector, North East Sector and Sarasota Sector

Special Assessment Bonds FY 2019

EXPENDITURES CONT'D							
Lakewood Centre North Special Assessments Series 2015A - Interest 5/1/2019	$	834,431.25		
Lakewood National & Polo Run Special Assessments Series 2017A - Interest 11/1/2018					1,265,865.63		
Lakewood National & Polo Run Special Assessments Series 2017 A - Principal 5/1/2019					750,000.00		
Lakewood National & Polo Run Special Assessments Series 2017A - Interest 5/1/2019					1,250,515.63		
Lake Club Special Assessments Series 2017A - Interest 11/1/2018					290,960.00		
Lake Club Special Assessments Series 2017A - Principal 5/1/2019					527,000.00		
Lake Club Special Assessments Series 2017A- Interest 5/1/2019					274,280.00		
Villages of Lakewood Ranch South Series 2016A - Interest 11/1/2018					1,822,421.88		
Villages of Lakewood Ranch South Series 2016A- Principal 5/1/2019					1,285,000.00		
Villages of Lakewood Ranch South Series 2016A- Interest 5/1/2019					1,822,421.88		
TOTAL EXPENDITURES		$	19,906,898.77		
EXCESS REVENUES	$	7,264,046.26		
November 1, 2019 Belleisle Series 2011 A Debt Service Payment	$	62,200.00		
November 1, 2019 Central Park Series 2010A Debt Service Payment					105,080.00		
November 1, 2019 Central Park Series 2013A Debt Service Payment					207,407.50		
November 1, 2019 Country Club East Series 2006A Debt Service Payment					539,055.00		
November 1, 2019 Country Club East 2013A Debt Service Payment					266,947.50		
November 1, 2019 Country Club East 2014A Debt Service Payment					307,238.75		
November 1, 2019 Del Webb Series 2017A Debt Service Payment					351,493.75		
November 1, 2019 Lakewood Centre & NW Sector Series 2011A Debt Service Payment					1,242,975.00		
November 1, 2019 Lakewood Centre North Series 2015A Debt Service Payment					834,431.25		
November 1, 2019 Lakewood National & Polo Run Special Assessments Series 2017A Payment					1,250,515.63		
November 1, 2019 Lake Club Series 2017A Debt Service Payment					274,280.00		
November 1, 2019 Villages of Lakewood Ranch South Series 2016A Debt Service Payment					1,822,421.88		
TOTAL EXCESS REVENUES	$	7,264,046.26		

2