LAKEWOOD RANCH STEWARDSHIP DISTRICT

ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2019

FOR OCTOBER 2019 TO SEPTEMBER 2020 DISTRICT OPERATIONS & MAINTENANCE BUDGET

					ESTIMATED EDU'S															Revenue based on # of EDU			
													PROJECTED BUILDOUT EDU'S			PLATTED AS OF MAY 2019				W/IN			ASSESSMENTS			
														AS OF MAY 2019		% OF		BUDGET YEAR EDU'S		% OF		SECTOR	PER		REVENUE	PRIOR	VAR		
Billable			SE SECTOR	RES UNITS	RES EDU	COMM EDU	TOTAL	TOTAL	RES UNITS	RES EDU	COMM	TOTAL	TOTAL		%'S	EDU		TOTAL	YEAR			
																						
	Acres																						
					LAKE CLUB - SF - Phase 1 & 2	328	328		328	1.28%	328	328		328	3.00%		11%		177,217					
					LAKE CLUB - SF - Phase 3 (Stock)	68	68		68	0.27%	68	68		68	0.62%		2%		36,740					
450				LAKE CLUB - SF - Phase 4 - Stock Development - Genoa	312	312		312	1.22%	104	104		104	0.95%		4%		56,191					
					CC EAST - SF	1,260	1,260		1,260	4.92%	1,260	1,260		1,260	11.52%		44%		680,774					
					CC EAST - MF - "Clubside"	92	46		46	0.18%	92	46		46	0.42%		2%		24,854					
					CCE EAST GOLF COURSE			18	18	0.07%			18	18	0.16%		1%		9,725					
643				DEL WEBB - Pulte Homes	1,300	1,300		1,300	5.07%	855	855		855	7.82%		30%		461,954					
339				Toll Brothers	450	450		450	1.76%	151	151		151	1.38%		5%		81,585					
83				Diocese of Sarasota - Catholic School Site 83 acres			40	40	0.16%				0	0.00%		0%		0					
					SMR Building			12	12	0.05%			12	12	0.11%		0%		6,484					
					NE Corner of Lorraine & Upkwy:																					
					North American Properties - ID 588601559 - 60,320 sq ft			24	24	0.09%			24	24	0.22%		1%		13,036					
					North American Properties - ID 588601459 - 16,950 sq ft			7	7	0.03%			7	7	0.06%		0%		3,663					
					PROFESSIONAL RESOURCE DEV. - ID 588600979 - 4,000 sq ft			2	2	0.01%			2	2	0.01%		0%		864					
1.32				North American Properties - ID 588601509 - vacant 1.32 acres			2	2	0.01%				0	0.00%		0%		0					
					REMAINING EAST LAND - (East of Bourn.)	150	150	20	170	0.66%				0	0.00%		0%		0					
					Triangle Parcel - SW corner of Masters & Bournside			20	20	0.08%				0	0.00%		0%		0					
					SUBTOTAL	3,960	3,914	144	4,058	15.83%	2,858	2,812	63	2,875	26.28%		100%	$540	$1,553,088	$1,161,425		$391,663		
					NW SECTOR																		25%		
	Acres																						
					CENTRAL PARK	826	826		826	3.22%	826	826		826	7.55%		15%		277,830					
					CENTRAL PARK COMM			60	60	0.23%				0	0.00%		0%		0					
					Lakewood Center South / NW Sector:																					
					ESPLANADE - SF	1024	1024		1,024	3.99%	1,024	1,024		1,024	9.36%		19%		344,429					
					ESPLANADE- MF (Townhomes)	176	88		88	0.34%	176	88		88	0.80%		2%		29,599					
					BRIDGEWATER - Lennar Homes	275	275		275	1.07%	275	275		275	2.51%		5%		92,498					
					HARMONY - SF	142	142		142	0.55%	142	142		142	1.30%		3%		47,763					
					HARMONY - MF (Townhomes)	535	268		268	1.04%	535	268		268	2.45%		5%		89,975					
					LOST CREEK APARTMENTS	272	136		136	0.53%	272	136		136	1.24%		2%		45,744					
					CREEKSIDE APARTMENTS	256	128		128	0.50%	256	128		128	1.17%		2%		43,054					
					LUX APARTMENTS - Davis Devlopment-Parcel J	237	119		119	0.46%	237	119		119	1.08%		2%		39,858					
					Palisades (DR Horton)	150	150		150	0.59%	150	150		150	1.37%		3%		50,453					
					NW Sector Parcel "F"			8	8	0.03%		0		0	0.00%		0%		0					
					NW Sector Parcel "K"			4	4	0.02%		0		0	0.00%		0%		0					
					Other Commercial Sites - Parcels L to Q			32	32	0.12%		0		0	0.00%		0%		0					
					Parcel "F" - off of 44th	76	76		76	0.30%		0		0	0.00%		0%		0					
					Parcel "H" - Rangeland & Lorraine			10	10	0.04%		0		0	0.00%		0%		0					
					CORE (within LWCS):																				
																													
0.95				The Green @ LWR - Lot 1 - ID #583207059			2.00	2.00	0.01%			0	0	0.00%		0%		0					
0.78				The Green @ LWR - Lot 2 - ID #583207109			2.00	2.00				0	0	0.00%		0%		0					
					The Green @ LWR - Lot 3 - ID #583207159			2.85	2.85				3	3	0.03%		0%		959					
0.71				The Green @ LWR - Lot 4 - ID #583207209			2.00	2.00				0	0	0.00%		0%		0					
					The Green @ LWR - Lot 5 - ID #583207259			1.65	1.65				2	2	0.02%		0%		554					
1.09				The Green @ LWR - Lot 6 - ID #583207309			3.00	3.00				0	0	0.00%		0%		0					
1.46				The Green @ LWR - Lot 7 - ID #583207359			3.00	3.00				0	0	0.00%		0%		0					
					The Green - Lots 8 & 9 are Parking Lots																				
					The Green @ LWR - Lot 10 - ID #583207509			17.73	17.73				18	18	0.16%		0%		5,964					
					The Green @ LWR - Lot 11 - ID #583207559			9.62	9.62				10	10	0.09%		0%		3,236					
					The Green @ LWR - Lot 12 - ID #583207609			13.59	13.59				14	14	0.12%		0%		4,571					
					Tavistock (Apartments) - ID #583207459	250	125		125	0.49%	250	125		125	1.14%		2%		42,045					
					Bridgehouse Holdings (Mercedes Med) - ID# 583202609			22.00	22.00	0.09%			22	22	0.20%		0%		7,401					
					LWR MOB (Optimal Outcomes) - ID #583204509			20.00	20.00	0.08%			20	20	0.18%		0%		6,727					
187				CORE remaining 187 acres			800	800	3.12%				0	0.00%		0%		0					
					Lakewood Center North 1 - "Commercial Units":																				
																													
					SHI II SLD Lakewood Ranch - Unit 1 - ID #583206059			43.54	43.54	0.17%		0	44	44	0.40%		1%		14,644					
					LWCN Lot 5			30.00	30.00	0.12%		0	0	0	0.00%		0%		0					
					Rangeland MOB 11 - Units 6 & 7 - ID # 583206179			9.58	9.58	0.04%		0	10	10	0.09%		0%		3,223					
1.34				JADRO LLC - Unit 8 - ID #583206259			20.00	20.00	0.08%		0	0	0	0.00%		0%		0					
					SCATA Realestate - Unit 9 - ID#583206309			8.95	8.95	0.03%		0	9	9	0.08%		0%		3,011					
					Rangeland MOB - Unit 10 - ID#583206359			9.84	9.84	0.04%		0	10	10	0.09%		0%		3,308					
					Lakewood Center North:																					
100				ARBOR GRANDE - Standard Pacific - SF	183	183		183	0.71%	183	183		183	1.67%		3%		61,553					
					ARBOR GRANDE - Standard Pacific - MF	122	61		61	0.24%	122	61		61	0.56%		1%		20,518					
150				MALLORY PARK - Divosta Homes - SF	328	328		328	1.28%	307	307		307	2.81%		6%		103,261					
					MALLORY PARK - Divosta Homes - MF	108	54		54	0.21%	24	12		12	0.11%		0%		4,036					
21				ECHO LAKE APARTMENTS - Home by Towne	360	180		180	0.70%	360	180		180	1.65%		3%		60,544					
93				INDIGO - Neal Homes	590	590		590	2.30%	590	590		590	5.39%		11%		198,450					
304				SAVANNAH - Meritage Homes	475	475		475	1.85%	361	361		361	3.30%		7%		121,425					
74.4				Woodleaf Hammock - Homes by Towne - SF	103	103		103	0.40%	91	91		91	0.83%		2%		30,608					
					Woodleaf Hammock - Homes by Towne - MF	150	75		75	0.29%	78	39		39	0.36%		1%		13,118					
65				Future Parcel - NW corner of Lorraine & 44th - 65 acres	200	200		200	0.78%				0	0.00%		0%		0					
					Parcel "U" - North of Woodleaf Trl. - Apartments	300	150		150	0.59%				0	0.00%		0%		0					
					Parcel "U" - South of Woodleaf Trl. - Apartments	500	250		250	0.98%				0	0.00%		0%		0					
					Parcel "U" - South of Woodleaf Trl.			60	60	0.23%				0	0.00%		0%		0					
					NW Corner of 44th & White Eagle - Apartments	240	120		120	0.47%				0	0.00%		0%		0					
					Parcel "FF" - SE corner of 117th and SR64 - Retail			66	66	0.26%				0	0.00%		0%		0					
					Parcel GG, HH, II, JJ, KK, LL - 252,500 Sq Ft - includes future publix		101	101	0.39%				0	0.00%		0%		0					
					Parcel GG, HH, II, JJ, KK, LL - Apartments on White Eagle	250	125		125	0.49%				0	0.00%		0%		0					
					Buisiness Park & Commerce Park:																					
85.5				Harrod Properties																				
					Building 1 - ID #567813009			24	24	0.09%			24	24	0.22%		0%		8,182					
					Building 2 - ID #567810859			24	24	0.09%			24	24	0.22%		0%		8,182					
					Building 3 - ID #567813159			24	24	0.09%			24	24	0.22%		0%		8,182					
					Building 4 - ID #567813209			24	24	0.09%			24	24	0.22%		0%		8,182					
					Building 5 - ID #567813059			40	40	0.16%			40	40	0.37%		1%		13,491					
					Building 6 - ID #567810909			40	40	0.16%			40	40	0.37%		1%		13,491					
					Business Park																				
					Condev Self Storage - ID #579102909			36	36	0.14%			36	36	0.33%		1%		12,035					
1.32				Ungabungawunga - ID #579102409			4	4	0.02%			0	0	0.00%		0%		0					
1.4				Sorrentino - ID# 579102709			4	4	0.02%			0	0	0.00%		0%		0					
2.99				KW Realty - ID#579101259			4	4	0.02%			0	0	0.00%		0%		0					
					FUTURE Parcels			800	800	3.12%			0	0	0.00%		0%		0					
					SUBTOTAL																			
						8,128	6,250	2,388	8,638	33.70%	6,259	5,104	373	5,477	50.08%		100%	$336	$1,842,101	$1,409,581		$432,520		
					NE SECTOR																		23%		
	Acres																						
	1292				LAKEWOOD NATIONAL - Lennar Homes	1,576	1,576		1,576	6.15%	1,576	1,576		1,576	14.41%		85%		443,175					
					POLO RUN - Lennar Homes	423	423		423	1.65%	212	212		212	1.94%		11%		59,615					
992				Taylor Morrison	1,685	1,685		1,685	6.57%				0	0.00%		0%		0					
250				CRESSWIND - Kolter	651	651		651	2.54%				0	0.00%		0%		0					
278				SOLERA - DR Horton	675	675		675	2.63%				0	0.00%		0%		0					
					FUTURE RESIDENTIAL	3,077	3,077		3,077	12.00%				0	0.00%		0%		0					
					FUTURE Apartments	1,000	500		500	1.95%				0	0.00%		0%		0					
					FUTURE COMMERCIAL			400	400	1.56%				0	0.00%		0%		0					
					Lorraine & SR70 - NE Corner:																					
16.94				Publix + 3 outparcels - ID# 582200609			100	100	0.39%				0	0.00%		0%		0					
11				Lorraine NE Corners - Lots 6 & 7 - ID#58202859	254	127		127	0.50%				0	0.00%		0%		0					
					Big Jim Self Storage - ID #582202059			69	69	0.27%			69	69	0.63%		4%		19,460					
					Bayside Pet Resort - ID #582202109			6	6	0.02%			6	6	0.06%		0%		1,739					
2.54				JK Investment - ID #582202159			30	30	0.12%				0	0.00%		0%		0					
0.865				TB SR70 LLC - ID #582202219			30	30	0.12%				0	0.00%		0%		0					
1.136				TB SR70 LLC - ID #582202239			30	30	0.12%				0	0.00%		0%		0					
3.26				Lorraine NE Corners - Lot 5 - ID #582202259			30	30	0.12%				0	0.00%		0%		0					
					SUBTOTAL	9,341	8,714	695	9,409	36.71%	1,788	1,788	75	1,863	17.04%		4%	$281	$523,988	$201,484		$322,504		
					SARASOTA																		62%		
	Acres																						
					FUTURE SINGLE FAMILY	1,021	1,021		1,021	3.98%				0	0.00%		0%		0					
					FUTURE MULTI FAMILY	2,776	1,388		1,388	5.41%				0	0.00%		0%		0					
					SHOREVIEW - Pulte - All SF	246	246		246	0.96%	246	246		246	2.25%		34%		138,657					
					LAKEHOUSE COVE - Homes by Towne - SF	331	331		331	1.29%	331	331		331	3.03%		46%		186,567					
					DD LR, LLC (Davis Apts) - ID #0191010003	290	145		145	0.57%	145	145		145	1.33%		20%		81,729					
8.58				DD Waterside, LLC (Davis Apts) - ID #0193010004	208	104		104	0.41%				0	0.00%		0%		0					
5.09				DD Waterside, LLC (Davis Apts) - ID #0193010005	100	50		50	0.20%				0	0.00%		0%		0					
5.01				Sarasota Property Owner LLC (Ryan AL) -ID# 0183030001	172	86		86	0.34%				0	0.00%		0%		0					
					FUTURE COMMERCIAL			156	156	0.61%				0	0.00%		0%		0					
					SUBTOTAL	5,144	3,371	156	3,527	13.76%	722	722		722	6.60%		100%	$564	$406,954	$299,197		$107,757		
																														26%		
																								
					ALL TOTAL	26,573	22,249	3,384	25,633	100%	11,627	10,426	511	10,937	100%					I $4,326,130	I$3,071,687	I$1,254,443		
												Prior Year:	26,798	23,096	3,455	26,551	Prior Year:		8,375	331	8,706											
					Operation & Maintenance Annual Assessments Are Charged Per Platted EDU As Follows:	Note that annual assessments shown on schedule are for 1 EDU													
					Single Family Home = 1 EDU			Commercial EDU'S	2,500		SQ FT. = 1 EDU												
					Multi Family Home is 1/2 of EDU			The Square Feet Is Either GDP = General Development Plan - total square fee in Plan - Or Best Estimate									

The Budget Assessment Per EDU amount shown above is grossed up by 7% when placed on the Manatee County Real Estate Taxes Invoice.

The gross up is 4% discount for early payment, Property Appraiser fee of 1.5% & Tax Collector fee of 1.5%

Per a separate calculation, landowners are charged and direct billed an assessment on a per acre basis for land that they own that has not been platted.

Please see schedule of acres for this assessment calcuation

Gross

$580.96

$361.67

$302.37

$599.63

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