Amended Budget
Fiscal Year 2021

East Homestead Community Development District

November 12, 2021

East Homestead
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Narrative	Page 3-8

Debt Service Fund
Series 2011B Budget	Page 9
Series 2011B Amortization Schedule	Page 10

Series 2013A Budget	Page 11
Series 2013A Amortization Schedule	Page 12

Series 2015A Budget	Page 13
Series 2015A Amortization Schedule	Page 14

Series 2019A Budget	Page 15
Series 2019A Amortization Schedule	Page 16

East Homestead		
Community Development District								General Fund	
Adopted		Actual		Projected		Total		Amended	
Budget		thru		Next		Projected at		Budget	
 Description			FY 2020				6/30/20			 3 Months 			9/30/20				FY 2021		
Revenues									
Maintenance Assessments	$1,363,357		$1,367,287		$0		$1,367,287		$1,371,800	
Clubhouse Income	$10,000		$10,398		$0		$10,398		$10,000	
Interest Income	$20,000		$17,729		$2,583		$20,312		$12,000	
FEMA Revenue	$0		$7,121		$0		$7,121		$0	
Insurance Proceeds	$0		$0		$0		$0		$24,900	
Developer Contributions	$0		$0		$0		$0		$80,000	
Unassigned Fund Balance	$0		$308,487		$0		$308,487		$668,968	
Total Revenues 	$1,393,357 			$1,711,021 			$2,583 			$1,713,604 			$2,167,668 	
Expenditures									
General Expenditures									
Administrative
Supervisors Fee	$18,000		
$12,400		
$3,000		
$15,400		
$18,000	
Fica Expense	$1,377		$949		$230		$1,178		$1,377	
Engineering	$10,000		$11,345		$3,782		$15,126		$15,000	
Attorney	$40,000		$19,800		$6,600		$26,399		$49,905	
Annual Audit	$5,900		$5,900		$0		$5,900		$6,000	
Trustee Fees	$18,074		$20,614		$0		$20,614		$16,925	
Dissemination Agent	$3,750		$2,813		$938		$3,750		$3,750	
Arbitrage	$1,800		$600		$1,200		$1,800		$1,800	
Assessment Roll	$2,000		$2,000		$0		$2,000		$2,000	
Management Fees	$44,259		$33,194		$11,065		$44,259		$44,259	
Computer Time	$1,000		$750		$250		$1,000		$1,000	
Telephone	$100		$245		$82		$326		$125	
Postage	$850		$745		$248		$993		$900	
Printing & Binding	$4,000		$1,392		$464		$1,855		$2,500	
Rentals & Leases	$2,400		$1,800		$600		$2,400		$2,400	
Insurance	$7,554		$7,374		$0		$7,374		$8,112	
Legal Advertising	$1,500		$1,302		$341		$1,643		$1,500	
Other Current Charges	$750		$580		$193		$774		$500	
Website Management	$2,500		$1,875		$625		$2,500		$2,500	
Office Supplies	$350		$145		$48		$193		$250	
Dues, Licenses	$175		$175		$0		$175		$175	
Administrative Expenditures 	$166,338 			$125,995 		  $29,665 			$155,659 			$178,978 	
Field
Field Management	$22,168		
$21,626		
$7,209		
$28,835		
$22,168	
Parking Lot Monitoring Fees	$10,164		$1,702		$0		$1,702		$0	
Electricity	$32,500		$30,797		$10,266		$41,063		$40,000	
Landscape Maintenance	$296,000		$261,278		$76,426		$337,704		$331,515	
Tree Care Services	$0		$7,993		$5,995		$13,988		$64,036	
Fertilization and Pest Control	$48,000		$54,822		$12,000		$66,822		$48,250	
Landscape Materials	$30,000		$25,018		$0		$25,018		$50,000	
Irrigation Maint & Repairs	$10,000		$0		$0		$0		$25,000	
Lake Maintenance	$10,000		$8,160		$2,720		$10,880		$10,880	
Pressure Washing	$10,000		$10,500		$0		$10,500		$10,000	
Lights Repair and Maintenance	$4,500		$2,050		$683		$2,733		$4,500	
Monuments Maintenance/Repairs	$5,000		$6,562		$2,000		$8,562		$5,000	
Sign/Decor Maintenance	$5,000		$325		$2,500		$2,825		$5,000	
Stormwater Services	$20,000		$0		$20,000		$20,000		$51,624	
Holiday Lighting	$36,000		$51,970		$0		$51,970		$37,462	
Side Walk Repairs	$10,000		$1,900		$2,500		$4,400		$10,000	
Special Projects	$14,267		$170,475		$0		$170,475		$14,267	
Off Duty Police Services	$7,200		$2,566		$855		$3,421		$7,200	
Contingency	$20,000		$3,010		$16,990		$20,000		$20,000	
Field Expenditures 	$590,799 			$660,756 		 $160,144 			$820,901 			$756,902 	
TOTAL GENERAL EXPENDITURES		$757,137 			$786,751 		 $189,809 			$976,560 			$935,880 	

East Homestead		
Community Development District										General Fund	
		Adopted		Actual		Projected		Total		Amended	
		Budget		thru		Next		Projected at		Budget	
 Description				FY 2020				6/30/20			 3 Months 			9/30/20				FY 2021		
Clubhouse
Access Control		
$3,200		
$1,368		
$1,368		
$2,736		
$3,200	
Active Video Monitoring		$10,223		$26,000		$10,033		$36,033		$40,132	
Alarm Monitoring		$750		$540		$750		$1,290		$750	
Air Conditioning Maint Contract		$2,400		$760		$253		$1,013		$2,400	
Fitness Equipment Maintenance		$6,250		$1,122		$374		$1,497		$6,250	
Equipment Repair		$5,000		$0		$2,500		$0		$14,654	
Electric		$65,000		$43,431		$14,477		$57,909		$65,000	
Cable/Internet Services		$4,600		$2,851		$950		$3,801		$4,600	
Holiday Lighting		$9,730		$0		$0		$0		$9,730	
Insurance		$30,796		$30,546		$0		$30,546		$31,719	
Landscape Maintenance		$28,710		$21,533		$7,178		$28,710		$28,710	
Landscape Replacement		$10,000		$10,648		$2,500		$13,148		$10,000	
License, Music		$1,450		$0		$0		$0		$1,600	
Irrigation Maintenance		$2,100		$0		$2,100		$2,100		$2,100	
Office Equipment Maintenance		$500		$0		$500		$500		$500	
Janitorial Supplies		$17,500		$13,292		$9,000		$22,292		$20,000	
Office Supplies/Clubhouse Supplies		$2,500		$0		$2,500		$2,500		$2,500	
Onsite Club Management Fees		$211,368		$154,214		$52,842		$207,056		$211,368	
Pest Control		$1,020		$425		$595		$1,020		$1,020	
Pool & Spa Maintenance		$42,600		$31,950		$10,650		$42,600		$42,600	
Pool-Splash Pad		$6,000		$4,500		$1,500		$6,000		$6,000	
Pool and Spa Repairs		$10,000		$10,035		$0		$10,035		$10,000	
Permits		$750		$2,182		$0		$2,182		$750	
Pool Monitoring		$18,576		$3,111		$0		$3,111		$0	
Pool Emergencies Cleaning		$2,000		$0		$1,000		$1,000		$2,000	
Repairs and Maintenance		$50,000		$49,621		$16,540		$66,162		$91,865	
Salaries and Wages		$0		$0		$0		$0		$35,904	
Special Events		$6,000		$900		$2,500		$3,400		$6,000	
Security-Roving Guard		$1,750		$0		$0		$0		$1,750	
Telephone		$4,500		$3,284		$1,095		$4,378		$4,500	
Trash Collection		$6,000		$5,671		$1,890		$7,561		$8,500	
Water & Sewer		$2,000		$2,556		$2,226		$4,781		$4,500	
Contingency		$10,000		$21,900		$0		$21,900		$10,000	
Replacements		$22,710		$7,591		$15,119		$22,710		$22,710	
Capital Reserve		$37,529		$14,000		$23,529		$37,529		$528,476	
TOTAL CLUBHOUSE			$633,512 			$464,030 		 $183,969 			$645,500 			$1,231,788 	
TOTAL EXPENDITURES			$1,390,649 			$1,250,781 		 $373,778 			$1,622,059 			$2,167,668 	
ASSIGNED FUND BALANCE			$2,707 			$460,240 		 ($371,195) 			$91,545 			$0 	

GE CE	$321.65		$305.57	
	$350.00		$332.50	
Club Members		$671.65				$638.07	

General Expenses	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	
Gross Assessment	$685,436	$685,436	$685,436	$757,512	$757,512	
Net Assessment	$651,164	$651,164	$651,164	$719,637	$719,637	
# Units	2,131	2,131	2,131	2,378	2,378	
Gross Per Unit	$321.65	$321.65	$321.65	$321.65	$321.65	
Net Per Unit	$305.57	$305.57	$305.57	$305.57	$305.57	
Total Net:	$651,164	$651,164	$651,164	$719,637	$719,637	
		
Clubhouse Expenses	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	
Gross Assessment	$613,327	$677,600	$677,600	$677,600	$677,600	
Net Assessment	$582,660	$643,720	$643,720	$643,720	$643,720	
# Units	1,936	1,936	1,936	1,936	1,936	
Gross Per Unit	$328.95	$350.00	$350.00	$350.00	$350.00	
Net Per Unit	$312.50	$332.50	$332.50	$332.50	$332.50	
Total Net:	$582,660	$643,720	$643,720	$643,720	$643,720	

Total Assessment - Tax Bill Per Unit	Gross Assessment	November (4% Discount)
FY 2021
# Units 1,936	
		Non Club Members		$321.65				$305.57	442	

REVENUES:

Maintenance Assessment

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

It is presently anticipated that the District will levy a Maintenance Assessment to all landowners within the District to funding the Operations and Maintenance for the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all 5 supervisors attending 24 meetings.

FICA Expense
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees
The District's engineer will be providing general engineering services to the District, i.e. 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, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc. The District has contracted with Billing, Cochran, Lyles, Mauro & Ramsey, P.A. for these services.

Annual Audit
The District is required to annually conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The fee is based on the current contract.

Trustee Fees
The District issued Series 2011B, Series 2013, and Series 2019 Special Assessment Revenue Bonds. In addition, the District issued Series 2015 Special Assessment Refunding Bonds. The amount of the trustee fees is based on the agreement between the trustee and the District.

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

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2011B, 2013, 2015, and 2019 Special Assessment Bonds. Currently the District has contracted Grau & Associates, an independent certified public accounting firm, to calculate the rebate liability and submit a report to the District.

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

Assessment Roll
Governmental Management Services serves as the District's collection agent and certifies the District's non-ad valorem assessments with the county tax collector.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – South Florida, LLC. These services are further outlined in Exhibit "A" of the Management Agreement.

Computer Time
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.

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.

Rental & Leases
The District will be charged $200 per month for office rent from Governmental Management Services – South Florida, LLC, for the District's administrative office located in Fort Lauderdale.

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.

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 that incurred during the year.

Website Management
The District has contracted with Governmental Management Services-South Florida for the supervision and maintenance of East Homestead Community Development District’s website.

Office Supplies
Miscellaneous office supplies.

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

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

Field:

Field Management
The supervision and on-site management of East Homestead CDD. The responsibilities include reviewing contracts and other maintenance related items.

Electricity
Electricity for the Common Areas.

Landscape Maintenance
Common area lawn maintenance. Includes grass cutting and edging, quarterly fertilization, bi-monthly pest control and weed control.

Tree Care Services
The District has contracted with Brightview Landscape Services for the monthly maintenance of the trees in the common areas throughout the District.

Fertilization and Pest Control
The District has contracted with Southern Plant & Pest Services, Inc. to provide pest control and fertilization services for the landscaping within the District. The annual contract amount is $48,250.

Landscape Materials
Includes the following materials:

•Annuals	$17,100
•Contingency	$32,900

Irrigation System & Repairs
Irrigation system within the common areas, includes monthly wet check and irrigation system repair materials.

Lake Maintenance
Includes monthly cleaning and debris removal of all CDD lakes.

Pressure Washing
Annual pressure cleaning of sidewalks, entrance walls, etc.

Light Repair & Maintenance
Includes maintenance and repair work needed for common area lighting and irrigation system.

Monuments Maintenance/Repairs
Includes maintenance and repair work needed for the monument signs throughout the common area.

Signs/Décor Maintenance
Includes and maintenance and repair work related to the entry signs and various signs throughout the community.

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

Stormwater Services
Annual Storm Drain Cleaning for all Storm Drains throughout the District.

Holiday Lighting
The District has a contract with CDI for the display of Holiday Lighting throughout the District.

Sidewalk Repairs
Unscheduled repairs and maintenance to the District’s sidewalks.

Special Projects
Projects that will be completed during the fiscal year to beautify the community.

Off-Duty Police
Security patrol throughout the District.

Contingency
Represents any un-budgeted expense related to the operations and maintenance of the common areas.

Clubhouse Maintenance:

Access Control
Includes camera monthly fee, also includes access cards and repairs.

Active Video Monitoring
The District has contracted with Envera to provide active video surveillance of the Clubhouse, parking lot, and playground.

Alarm Monitoring
This line item is the estimated cost for monitoring of the alarm system (security and fire alarm,) for the Clubhouse.

Air Conditioning Maintenance Contract
Estimated cost to maintain the air conditioning system.

Fitness Equipment Maintenance
Estimated cost to maintain the fitness equipment.

Equipment Repair
Unanticipated cost to repair the fitness equipment.

Electric
Electricity for Clubhouse and grounds.

Cable and Internet
Estimated cost of cable TV and internet for the Club.
Holiday Lighting
The District has a contract with CDI for the display of Holiday Lighting at the Clubhouse.

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

Insurance
The District's property insurance is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Landscape Maintenance
Maintaining the lawn and plants around the club.

Landscape Replacement
(Includes Mulching) that this line item includes plant replacement and mulching once a year.

License, Music
Annual music license to provide music at the clubhouse.

Irrigation Maintenance
Irrigation system within the clubhouse areas, which includes monthly wet check and irrigation system repair materials.

Office Equipment
Reflects the maintenance agreement for the copier plus any repairs to other office equipment.

Janitorial Supplies
Include additional janitorial supplies not provide by contract.

Management Fees
Onsite management fees for the clubhouse.

Office Supplies/Clubhouse Supplies
Supplies to run Club and Club Office.

Onsite Club Management Fees
Salary and cost associated with the payroll for the Clubhouse manager.

Pest Control
Preventative maintenance for bugs and rodents.

Pool & Spa Maintenance
Cost to maintain the pool, does not include repairs.

Pool-Splash Pad Maintenance
Cost to maintain the splash pad. Does not include repairs.

Pool and Spa Repairs
Cost to make unanticipated repairs to the pool.

Pool Permits
Required annual licenses from the Florida Department of Health for the pool and spa.

Pool Emergencies Cleaning
Last minute emergency cleaning of the pool.

East Homestead
Community Development District Amended General Fund Budget Fiscal Year 2021

Repairs & Maintenance
Maintenance expenditures required to repair and maintain the Club.

Special Events
Expenses related to Social Events.

Security-Roving Guard
Night watch as needed.

Telephone
Cost of telephone lines for telephone, internet, fax and alarm systems.

Trash Collection
Cost of trash and recycling removal.

Water & Sewer
Water and sewer cost for the Club.

Contingency
Any unscheduled repairs and maintenance that the District should incur during the fiscal year.

Replacements
The cost of replacement of any of the District’s Amenity Center assets.

Capital Reserve
Funds set aside for a future use to replace any capital item.

East Homestead	Debt Service Fund
Community Development District	Series 2011B

	Adopted
Budget		Actual
thru		Projected
Next		Total
Projected at		Amended
Budget	
	Description			  FY 2020			  6/30/20			  3 Months 		  9/30/20			  FY 2021		
REVENUES:											
Direct Assessments		$59,343		$41,725		$0		$41,725		$140,063	
Prepayments		$0		$180,330		$0		$180,330		$0	
Interest Income		$0		$1,635		$10		$1,645		$0	
Carry Forward Surplus		$23,658		$484,540		$0		$484,540		$4,725	
TOTAL REVENUES			$83,000 			$708,230 			$10 			$708,240 			$144,788 	

EXPENDITURES:

Series 2011B
Interest - 11/1	$29,000		$29,000		$0		$29,000		$4,894	
Principal - 11/1	$25,000		$445,000		$0		$445,000		$0	
Interest - 2/1	$0		$3,353		$0		$3,353		$0	
Principal - 2/1	$0		$185,000		$0		$185,000		$0	
Interest - 5/1	$29,000		$6,163		$0		$6,163		$4,894	
Principal - 5/1 (1)	$0		$35,000		$0		$35,000		$135,000	
TOTAL EXPENDITURES		$83,000 			$703,516 			$0 			$703,516 			$144,788 	
EXCESS REVENUES		$0 			$4,715 			$10 			$4,725 			$0 	

(1) Bond Maturity is on 5/1/2021.

EAST HOMESTEAD	Series 2011B, Special Assessment Revenue Bonds COMMUNITY DEVELOPMENT DISTRICT		Amortization Schedule

PRINCIPAL
	DATE			BALANCE			RATE			INTEREST		 PRINCIPAL			TOTAL	

1-Feb-20	$	355,000	7.250%		$	3,353		$	185,000		$	-	
1-May-20	$	170,000	7.250%		$	6,163		$	35,000		$	-	
1-Nov-20	$	135,000	7.250%		$	4,894		$	-		$	234,409	
1-May-21	$	135,000	7.250%		$	4,894		$	135,000		$	139,894	
									
			Total			 $	19,303 		 $	355,000 		 $	374,303 	

(1) Estimated based on balance in prepayment account as of 5/4/2021.

East Homestead	Debt Service Fund
Community Development District	Series 2013

	Adopted Budget		Actual thru		Projected Next		Total Projected at		Amended Budget	
	Description				FY 2020				6/30/20				3 Months				9/30/20				FY 2021		
REVENUES:											
Assessments		$811,678		$814,018		$0		$814,018		$811,678	
Interest Income		$0		$6,660		$25		$6,685		$0	
Carry Forward Surplus (1)		$658,320		$661,907		$0		$661,907		$686,890	
TOTAL REVENUES			$1,469,998 			$1,482,584 			$25 			$1,482,609 			$1,498,568 	

EXPENDITURES:

Series 2013
Interest - 11/1	$282,422		$282,422		$0		$282,422		$277,678	
Principal - 11/1	$230,000		$230,000		$0		$230,000		$240,000	
Interest - 5/1	$277,678		$277,678		$0		$277,678		$272,728	
TOTAL EXPENDITURES		$790,100 			$790,100 			$0 			$790,100 			$790,406 	
OTHER SOUCES AND USES										
Trustee Fees	($3,770)		$0		($3,770)		($3,770)		($3,770)	
Arbitrage	($600)		$0		($600)		($600)		($600)	
Dissemination	($1,250)		($938)		($313)		($1,250)		($1,250)	
TOTAL OTHER SOURCES AND USES		($5,620) 			($938) 			($4,682) 			($5,620) 			($5,620) 	
EXCESS REVENUES		$674,279 			$691,547 			($4,657) 			$686,890 			$702,542 	

Interest Payment - 11/1/21		$272,728 Principal Payment - 11/1/21		$250,000 
	$522,728 

Parcel	Land Use	No. of Units	Gross
Per Unit	Total Assessment	
A	40'	112	$434.87	$48,705.44	
B	CONDOS	252	$434.87	$109,587.24	
C	40'	140	$434.87	$60,881.80	
D	50'	116	$434.87	$50,444.92	
E	60'	69	$434.87	$30,006.03	
E	60'	19	$434.87	$8,262.53	
F	40'	103	$434.87	$44,791.61	
G	50'	90	$434.87	$39,138.30	
H	50'	79	$434.87	$34,354.73	
I	VILLAS	90	$434.87	$39,138.30	
J (2)	36'	195	$64.05	$12,489.75
K	55'	148	$434.87	$64,360.76	
L	CONDO-VILLAS	96	$434.87	$41,747.52	
M	36'	241	$434.87	$104,803.67	
M	36'	143	$434.87	$62,186.41	
N	40'	140	$434.87	$60,881.80	
O	50'		98		$434.87	  $42,617.26		
		2131		$854,398.07	
Less Discount/Collection Fees	($42,719.90)

Total Net Assessment  $811,678.17

(1) Net of Reserve Requirement.
(2) Units Excluded from Clubhouse.

Page 11

EAST HOMESTEAD	Series 2013, Special Assessment Revenue Bonds COMMUNITY DEVELOPMENT DISTRICT		Amortization Schedule

PRINCIPAL
	DATE			BALANCE			INTEREST			PRINCIPAL			TOTAL	

1-May-20	$	10,540,000	$	277,678.13	$	-	$	-	
1-Nov-20	$	10,540,000	$	277,678.13	$	240,000.00	$	795,356.25	
1-May-21	$	10,300,000	$	272,728.13	$	-	$	-	
1-Nov-21	$	10,300,000	$	272,728.13	$	250,000.00	$	795,456.25	
1-May-22	$	10,050,000	$	267,571.88	$	-	$	-	
1-Nov-22	$	10,050,000	$	267,571.88	$	260,000.00	$	795,143.75	
1-May-23	$	9,790,000	$	262,209.38	$	-	$	-	
1-Nov-23	$	9,790,000	$	262,209.38	$	270,000.00	$	794,418.75	
1-May-24	$	9,520,000	$	256,640.63	$	-	$	-	
1-Nov-24	$	9,520,000	$	256,640.63	$	285,000.00	$	798,281.25	
1-May-25	$	9,235,000	$	249,515.63	$	-	$	-	
1-Nov-25	$	9,235,000	$	249,515.63	$	295,000.00	$	794,031.25	
1-May-26	$	8,940,000	$	242,140.63	$	-	$	-	
1-Nov-26	$	8,940,000	$	242,140.63	$	310,000.00	$	794,281.25	
1-May-27	$	8,630,000	$	234,390.63	$	-	$	-	
1-Nov-27	$	8,630,000	$	234,390.63	$	325,000.00	$	793,781.25	
1-May-28	$	8,305,000	$	226,265.63	$	-	$	-	
1-Nov-28	$	8,305,000	$	226,265.63	$	345,000.00	$	797,531.25	
1-May-29	$	7,960,000	$	217,640.63	$	-	$	-	
1-Nov-29	$	7,960,000	$	217,640.63	$	360,000.00	$	795,281.25	
1-May-30	$	7,600,000	$	208,640.63	$	-	$	-	
1-Nov-30	$	7,600,000	$	208,640.63	$	380,000.00	$	797,281.25	
1-May-31	$	7,220,000	$	199,140.63	$	-	$	-	
1-Nov-31	$	7,220,000	$	199,140.63	$	400,000.00	$	798,281.25	
1-May-32	$	6,820,000	$	189,140.63	$	-	$	-	
1-Nov-32	$	6,820,000	$	189,140.63	$	415,000.00	$	793,281.25	
1-May-33	$	6,405,000	$	178,765.63	$	-	$	-	
1-Nov-33	$	6,405,000	$	178,765.63	$	440,000.00	$	797,531.25	
1-May-34	$	5,965,000	$	167,765.63	$	-	$	-	
1-Nov-34	$	5,965,000	$	167,765.63	$	460,000.00	$	795,531.25	
1-May-35	$	5,505,000	$	154,828.13	$	-	$	-	
1-Nov-35	$	5,505,000	$	154,828.13	$	485,000.00	$	794,656.25	
1-May-36	$	5,020,000	$	141,187.50	$	-	$	-	
1-Nov-36	$	5,020,000	$	141,187.50	$	515,000.00	$	797,375.00	
1-May-37	$	4,505,000	$	126,703.13	$	-	$	-	
1-Nov-37	$	4,505,000	$	126,703.13	$	540,000.00	$	793,406.25	
1-May-38	$	3,965,000	$	111,515.63	$	-	$	-	
1-Nov-38	$	3,965,000	$	111,515.63	$	575,000.00	$	798,031.25	
1-May-39	$	3,390,000	$	95,343.75	$	-	$	-	
1-Nov-39	$	3,390,000	$	95,343.75	$	605,000.00	$	795,687.50	
1-May-40	$	2,785,000	$	78,328.13	$	-	$	-	
1-Nov-40	$	2,785,000	$	78,328.13	$	640,000.00	$	796,656.25	
1-May-41	$	2,145,000	$	60,328.13	$	-	$	-	
1-Nov-41	$	2,145,000	$	60,328.13	$	675,000.00	$	795,656.25	
1-May-42	$	1,470,000	$	41,343.75	$	-	$	-	
1-Nov-42	$	1,470,000	$	41,343.75	$	715,000.00	$	797,687.50	
1-May-43	$	755,000	$	21,234.38	$	-	$	-	
1-Nov-43	$	755,000	 $	21,234.38 	 $	755,000.00 	 $	797,468.75 	
		$ 8,562,093.75	 $ 10,540,000.00 	 $ 19,102,093.75 	

East Homestead
Community Development District								Debt Service Fund
Series 2015	

	Description		Adopted Budget
	FY 2020			Actual thru
	6/30/20			Projected Next
  3 Months			Total Projected at
	9/30/20		
Amended Budget
	FY 2021		
REVENUES:									
Assessments	$1,389,815		$1,393,821		$0		$1,393,821	$1,389,815	
Interest Income	$0		$6,151		$25		$6,176	$0	
Carry Forward Surplus (1)	$499,658		$501,608		$0		$501,608	$503,130	
TOTAL REVENUES		$1,889,473 			$1,901,580 			$25 			$1,901,605 	
	$1,892,944 	

EXPENDITURES:

Series 2015
Interest - 11/1	$371,738		$371,738		$0		$371,738		$359,456	
Interest - 5/1	$371,738		$371,738		$0		$371,738		$359,456	
Principal - 5/1	$655,000		$655,000		$0		$655,000		$680,000	
TOTAL EXPENDITURES		$1,398,475 			$1,398,475 			$0 			$1,398,475 			$1,398,913 	
EXCESS REVENUES		$490,998 			$503,105 			$25 			$503,130 			$494,032 	

Interest Payment - 11/1/21	$345,006

Parcel	Land Use	No. of Units	Gross
Per Unit	Total Assessment	
A	40'	112	$749.98	$83,997.76	
B (2)	CONDOS	251	$571.05	$143,333.55
C	40'	140	$749.98	$104,997.20	
D	50'	116	$771.87	$89,536.92	
E	60'	69	$605.34	$41,768.46	
E	60'	19	$794.72	$15,099.68	
F	40'	103	$749.98	$77,247.94	
G	50'	90	$771.87	$69,468.30	
H	50'	79	$771.87	$60,977.73	
I	VILLAS	71	$637.67	$45,274.57	
I	VILLAS	90	$637.67	$57,390.30	
I	VILLAS	124	$637.67	$79,071.08	
J	36'	148	$682.41	$100,996.68	
K (3)	55'	93	$783.29	$72,845.97
L	CONDO-VILLAS	241	$637.67	$153,678.47	
M	36'	142	$605.32	$85,955.44	
M	36'	1	$682.41	$682.41	
N	40'	140	$749.98	$104,997.20	
O	50'		98		$771.87		$75,643.26 	
		2127		$1,462,962.92	
Less Discount/Collection Fees	($73,148.15)

Total Net Assessment $1,389,814.77

(1) Net of Reserve Requirement.
(2) 1 Unit Excluded from from Series 2015. Unit was paid off.
(3) 3 Units Excluded from from Series 2015. Units were paid off.

EAST HOMESTEAD	Series 2015, Special Assessment Refunding Bonds COMMUNITY DEVELOPMENT DISTRICT		Amortization Schedule

	DATE			PRINCIPAL
	BALANCE			
	INTEREST			
	PRINCIPAL			
	TOTAL		
1-May-20		$	16,180,000		$	371,737.50		$	655,000.00		$	-	
1-Nov-20		$	15,525,000		$	359,456.25		$	-		$	1,386,193.75	
1-May-21		$	15,525,000		$	359,456.25		$	680,000.00		$	-	
1-Nov-21		$	14,845,000		$	345,006.25		$	-		$	1,384,462.50	
1-May-22		$	14,845,000		$	345,006.25		$	715,000.00		$	-	
1-Nov-22		$	14,130,000		$	329,812.50		$	-		$	1,389,818.75	
1-May-23		$	14,130,000		$	329,812.50		$	740,000.00		$	-	
1-Nov-23		$	13,390,000		$	314,087.50		$	-		$	1,383,900.00	
1-May-24		$	13,390,000		$	314,087.50		$	765,000.00		$	-	
1-Nov-24		$	12,625,000		$	297,831.25		$	-		$	1,376,918.75	
1-May-25		$	12,625,000		$	297,831.25		$	805,000.00		$	-	
1-Nov-25		$	11,820,000		$	280,725.00		$	-		$	1,383,556.25	
1-May-26		$	11,820,000		$	280,725.00		$	845,000.00		$	-	
1-Nov-26		$	10,975,000		$	260,656.25		$	-		$	1,386,381.25	
1-May-27		$	10,975,000		$	260,656.25		$	885,000.00		$	-	
1-Nov-27		$	10,090,000		$	239,637.50		$	-		$	1,385,293.75	
1-May-28		$	10,090,000		$	239,637.50		$	925,000.00		$	-	
1-Nov-28		$	9,165,000		$	217,668.75		$	-		$	1,382,306.25	
1-May-29		$	9,165,000		$	217,668.75		$	975,000.00		$	-	
1-Nov-29		$	8,190,000		$	194,512.50		$	-		$	1,387,181.25	
1-May-30		$	8,190,000		$	194,512.50		$	1,010,000.00		$	-	
1-Nov-30		$	7,180,000		$	170,525.00		$	-		$	1,375,037.50	
1-May-31		$	7,180,000		$	170,525.00		$	1,065,000.00		$	-	
1-Nov-31		$	6,115,000		$	145,231.25		$	-		$	1,380,756.25	
1-May-32		$	6,115,000		$	145,231.25		$	1,110,000.00		$	-	
1-Nov-32		$	5,005,000		$	118,868.75		$	-		$	1,374,100.00	
1-May-33		$	5,005,000		$	118,868.75		$	1,175,000.00		$	-	
1-Nov-33		$	3,830,000		$	90,962.50		$	-		$	1,384,831.25	
1-May-34		$	3,830,000		$	90,962.50		$	1,215,000.00		$	-	
1-Nov-34		$	2,615,000		$	62,106.25		$	-		$	1,368,068.75	
1-May-35		$	2,615,000		$	62,106.25		$	1,275,000.00		$	-	
1-Nov-35		$	1,340,000		$	31,825.00		$	-		$	1,368,931.25	
1-May-36		$	1,340,000		 $	31,825.00 		 $	1,340,000.00 		 $	1,371,825.00 	
				 $	7,289,562.50 		 $	16,180,000.00 		 $	23,469,562.50 	

East Homestead								Debt Service Fund	
Community Development District								Series 2019	

	Description		Adopted Budget
	FY 2020			Actual thru
	6/30/20			Projected Next
	3 Months			Total Projected at
	9/30/20		
Amended Budget
	FY 2021		
REVENUES:									
Assessments	$365,559		$366,613		$0		$366,613	$365,559	
Interest Income	$0		$2,615		$500		$3,115	$0	
Carry Forward Surplus (1)	$188,541		$188,454		$0		$188,454	$241,470	
TOTAL REVENUES		$554,100 			$557,681 			$500 			$558,181 	
	$607,029 	

EXPENDITURES:

Series 2019
Interest - 11/1	$184,135		$184,135		$0		$184,135		$132,577	
Principal - 11/1	$0		$0		$0		$0		$95,000	
Interest - 5/1	$132,577		$132,577		$0		$132,577		$130,891	
TOTAL EXPENDITURES		$316,711 			$316,711 			$0 			$316,711 			$358,468 	
EXCESS REVENUES		$237,388 			$240,970 			$500 			$241,470 			$248,561 	

Interest Payment - 11/1/21	$130,891
Principal Payment - 11/1/21	$100,000

Land Use	No. of Units	Gross
Per Unit	Total Assessment	
Single Family	247	$1,557.89	$384,798.83	
		Less Discount/Collection Fees	($19,239.94)	
		Total Net Assessment	$365,558.89	

(1) Net of Reserve Requirement.

EAST HOMESTEAD	Series 2019, Special Assessment Bonds
COMMUNITY DEVELOPMENT DISTRICT	Amortization Schedule

PRINCIPAL
	DATE			BALANCE			INTEREST			PRINCIPAL			TOTAL	

1-May-20	$	5,630,000	$	132,576.88	$	-	$	-	
1-Nov-20	$	5,630,000	$	132,576.88	$	95,000.00	$	360,153.75	
1-May-21	$	5,535,000	$	130,890.63	$	-	$	-	
1-Nov-21	$	5,535,000	$	130,890.63	$	100,000.00	$	361,781.25	
1-May-22	$	5,435,000	$	129,015.63	$	-	$	-	
1-Nov-22	$	5,435,000	$	129,015.63	$	100,000.00	$	358,031.25	
1-May-23	$	5,335,000	$	127,140.63	$	-	$	-	
1-Nov-23	$	5,335,000	$	127,140.63	$	105,000.00	$	359,281.25	
1-May-24	$	5,230,000	$	125,171.88	$	-	$	-	
1-Nov-24	$	5,230,000	$	125,171.88	$	110,000.00	$	360,343.75	
1-May-25	$	5,120,000	$	123,109.38	$	-	$	-	
1-Nov-25	$	5,120,000	$	123,109.38	$	115,000.00	$	361,218.75	
1-May-26	$	5,005,000	$	120,737.50	$	-	$	-	
1-Nov-26	$	5,005,000	$	120,737.50	$	120,000.00	$	361,475.00	
1-May-27	$	4,885,000	$	118,262.50	$	-	$	-	
1-Nov-27	$	4,885,000	$	118,262.50	$	125,000.00	$	361,525.00	
1-May-28	$	4,760,000	$	115,684.38	$	-	$	-	
1-Nov-28	$	4,760,000	$	115,684.38	$	130,000.00	$	361,368.75	
1-May-29	$	4,630,000	$	113,003.13	$	-	$	-	
1-Nov-29	$	4,630,000	$	113,003.13	$	135,000.00	$	361,006.25	
1-May-30	$	4,495,000	$	110,218.75	$	-	$	-	
1-Nov-30	$	4,495,000	$	110,218.75	$	140,000.00	$	360,437.50	
1-May-31	$	4,355,000	$	106,893.75	$	-	$	-	
1-Nov-31	$	4,355,000	$	106,893.75	$	145,000.00	$	358,787.50	
1-May-32	$	4,210,000	$	103,450.00	$	-	$	-	
1-Nov-32	$	4,210,000	$	103,450.00	$	155,000.00	$	361,900.00	
1-May-33	$	4,055,000	$	99,768.75	$	-	$	-	
1-Nov-33	$	4,055,000	$	99,768.75	$	160,000.00	$	359,537.50	
1-May-34	$	3,895,000	$	95,968.75	$	-	$	-	
1-Nov-34	$	3,895,000	$	95,968.75	$	165,000.00	$	356,937.50	
1-May-35	$	3,730,000	$	92,050.00	$	-	$	-	
1-Nov-35	$	3,730,000	$	92,050.00	$	175,000.00	$	359,100.00	
1-May-36	$	3,555,000	$	87,893.75	$	-	$	-	
1-Nov-36	$	3,555,000	$	87,893.75	$	185,000.00	$	360,787.50	
1-May-37	$	3,370,000	$	83,500.00	$	-	$	-	
1-Nov-37	$	3,370,000	$	83,500.00	$	190,000.00	$	357,000.00	
1-May-38	$	3,180,000	$	78,987.50	$	-	$	-	
1-Nov-38	$	3,180,000	$	78,987.50	$	200,000.00	$	357,975.00	
1-May-39	$	2,980,000	$	74,237.50	$	-	$	-	
1-Nov-39	$	2,980,000	$	74,237.50	$	210,000.00	$	358,475.00	
1-May-40	$	2,770,000	$	69,250.00	$	-	$	-	
1-Nov-40	$	2,770,000	$	69,250.00	$	220,000.00	$	358,500.00	
1-May-41	$	2,550,000	$	63,750.00	$	-	$	-	
1-Nov-41	$	2,550,000	$	63,750.00	$	230,000.00	$	357,500.00	
1-May-42	$	2,320,000	$	58,000.00	$	-	$	-	
1-Nov-42	$	2,320,000	$	58,000.00	$	245,000.00	$	361,000.00	
1-May-43	$	2,075,000	$	51,875.00	$	-	$	-	
1-Nov-43	$	2,075,000	$	51,875.00	$	255,000.00	$	358,750.00	
1-May-44	$	1,820,000	$	45,500.00	$	-	$	-	
1-Nov-44	$	1,820,000	$	45,500.00	$	270,000.00	$	361,000.00	
1-May-45	$	1,550,000	$	38,750.00	$	-	$	-	
1-Nov-45	$	1,550,000	$	38,750.00	$	280,000.00	$	357,500.00	
1-May-46	$	1,270,000	$	31,750.00	$	-	$	-	
1-Nov-46	$	1,270,000	$	31,750.00	$	295,000.00	$	358,500.00	
1-May-47	$	975,000	$	24,375.00	$	-	$	-	
1-Nov-47	$	975,000	$	24,375.00	$	310,000.00	$	358,750.00	
1-May-48	$	665,000	$	16,625.00	$	-	$	-	
1-Nov-48	$	665,000	$	16,625.00	$	325,000.00	$	358,250.00	
1-May-49	$	340,000	$	8,500.00	$	-	$	-	
1-Nov-49	$	340,000	$	8,500.00	$	340,000.00	$	357,000.00	

 $	5,153,872.50 

 $	5,630,000.00 

 $	10,783,872.50