Adopted Budget
Fiscal Year 2014

Bonnet Creek Resort Community
Development District

Bonnet Creek Resort   Community Development District
Table of Contents

1-3

4-11

12-13

14

15-16

General Fund
General Fund Narrative Series 2002 Debt Service

Capital Projects Assessment Chart

Bonnet Creek Resort
Communij:y Develo11ment District

General Fund ADOPTED BUDGET
Fiscal Year 2014

ADOPTED	ACTUAL	PROJECTED		TOTAL	ADOPTED BUDGET		THRU		NEXT	PROJECTED		BUDGET
DESCRIPTION	F/Y2013	07/31/13	2 MONTHS	9/30/13	F/Y2014
REVENUES:

Maintenance Assessments-Off Roll	$670,376	$670,376	$0	$670,376	$768,876
Interest Income	$250	$44	$6	$250
Reuse Water Fees-Wyndham	$7,000	$8,933	$1,567	$10,500	$12,000
Reuse Water Fees-Golf Course	$33,000	$20,876	$1,624	$22,500	$28,000
Reuse Water Fees-Hilton	$4,000	$4,281	$719	$5,000	$4,000
I TOTAL REVENUES	$714,626	$704,510	$3,916	$708,426	$813,126 I EXPENDITURES:
Administrative:

Supervisor Fees	$6,000	$4,800	$1,000	$5,800	$6,000
Engineering Fees	$7,500	$8,491	$1,509	$10,000	$7,500
Trustee Fees	$12,410	$7,875	$2,828	$10,703	$12,410
Dissemination Agent	$5,000	$5,000	$0	$5,000	$5,000
Legal Services	$12,500	$7,686	$4,814	$12,500	$12,500
Assessment Roll Services	$2,500	$2,500	$0	$2,500	$2,500
Auditing Services	$4,200	$4,200	$0	$4,200	$4,200
Arbitrage Rebate Calculation	$650	$650	$0	$650	$650
District Management Fees	$26,250	$21,875	$4,375	$26,250	$27,038
Insurance - Professional Liability	$3,975	$2,750	$0	$2,750	$2,888
Telephone	$SO	$31	$19	$50
Legal Advertising	$4,000	$963	$234	$1,197	$2,900
Postage	$1,200	$1,514	$386	$1,900	$2,000
Printing & Binding	$1,500	$1,455	$295	$1,750	$1,800

$353

Office Supplies	$100	$214	$36	$250	$250
Bank Fees	$600	$62	$415	$600

$70,533

Dues, Licenses, Subscriptions	$175	$175	$0	$175

  TOTAL ADMINISTRATIVE	$88,610

$15,558	$86,091	$ss,461 I

1

 DESCRIPTION

Bonnet Creek Resort
Community Development District

General Fund ADOPTED BUDGET
Fiscal Year 2014
ADOPTED	ACTUAL
BUDGET	THRU
F/Y 2013	07/31/13

PROJECTED	TOTAL	ADOPTED

NEXT	PROJECTED	BUDGET
2 MONTHS	9/30/13	F/Y2014

$7,255

$724,6651

Maintenance:		
Field Management-Land Dev Management	$58,300	$48,580	$9,716	$58,296	$60,276	
Utility Services						
Utility Services	$14,000	$12,933	$2,567	$15,500	$17,000	
Street Lights-Usage	$9,862	$7,329	$1,389	$8,718	$9,862	
Street Lights - Lease & Maintenance Agreement	$57,300	$47,346	$9,467	$56,814	$57,300	
Water Service - Reuse Water	$43,000	$30,841	$5,159	$36,000	$43,000	
Stormwater Control - Bonnet Creek Resort						
OC/DEP Quarterly Well Monitoring Report	$3,000	$1,212	$334	$1,546	$3,000	
Wetland & Upland Monitoring Services - (BDA)	$4,000	$358	$1,642	$2,000	$3,000	
Pond & Embankment Aquatic Treatment- (AWC)	$30,000	$17,690	$3,538	$21,228	$30,000	
Lake/Pond Repair	$4,000	$0	$2,000	$2,000	$19,000	
Stormwater Control - Crosby Island Marsh						
Wetland & Upland Monitoring Services - (BDA)	$30,000	$14,658	$15,342	$30,000	$30,000	
Nuisance/Exotic Species Maintenance - (AWC)	$11,120	$11,120	$0	$11,120	$11,120	
Nuisance/Exotic Species Maintenance - (BDA)	$4,700	$27	$1,173	$1,200	$4,000	
Embankment Mowing - (A. E. Smith)	$6,000	$6,360	$1,700	$8,060	$6,000	
Wetland Restoration (The Natives)	$16,190	$5,400	$7,000	$12,400	$12,400	
CIMMA-Berm/Weir Repair - DMA	$0	$0	$0	$0	$0	
CIMMA-Berm/Weir Repair -BDA	$0	$0	$0	$0	$0	
CIMMA-Berm/Weir Repair - CIMMA-Construction	$0	$0	$0	$0	$0	
Other Physical Environment						
General Liability Insurance	$3,974	$3,250	$0	$3,250	$3,413	
Property Casualty Insurance	$5,614	$5,186	$0	$5,186		
Entry, Fence, Walls & Gates Maintenance	$20,000	$8,381	$1,619	$10,000	$20,000	
FEMA/LOMR Processing	$0	$0	$0	$0	$0	
Pump Station Maintenance	$2,500	$0	$0	$0	$2,500	
Pump Station Repairs	$5,000	$4,830	$0	$4,830	$S,OOO	
Master FlowGuard Controller Maint and Repair - (Hoover Pumping)	$3,300	$1,737	$0	$1,737	$3,300	
Master FlowGuard Remote Stations R&M - (Hoover Pumping)	$5,000	$5,893		$5,893	$5,000	
Landscape & Irrigation Maintenance	$193,584	$161,320	$32,264	$193,584	$193,584	
Irrigation Repairs	$2,500	$693	$307	$1,000	$2,500	
Landscape Replacement	$5,000	$5,385	$0	$5,385	$5,000	
Lift Station Maintenance	$0	$0	$0	$0	$600	
Road & Street Facilities						
Roadway Repair & Maintenance	$1,500	$6,000	$0	$6,000	$1,500	
Sidewalk Repair & Maintenance	$500		$0	$0	$2,500	
Highway Directional Signage - (R&M)	$10,000	$8,151	$0	$8,151	$10,000	
Roadway Directory Signage - (R&M)	$2,000	$0	$0	$0	$77,000	
Sidewalk/Curb Cleaning	$0	$0	$0	$0	$6,500	
Contingency	$4,072	$7,255	$0	$4,605	
Capital Reserves	$70,000	$70,000	$0	$70,000	$70,000	
I TOTAL MAINTENANCE	$626,016	$491,933	$95,218	$587,151
	
lrnTAL EXPENDITURES	$714,626	$562,465	$110,776	$673,241	$813,1261	
IEXCESS REVENUES (EXPENDITURES)	$0	$142,045	($106,860)	$35,185	$0	

I
FY2013	FY2014
Net Assessments	$670,376	$768,876

2

Bonnet Creek Resort
Community Development District

Capital Reserves
Fiscal Year 2014

General Reserve Funds	$64,500.00	
Landscape Replacement	$2,500.00	
Roadway Reserve	$2,000.00	
Sidewalk Reserve	$1,000.00	
Total	$70,000.00	
*Represents estimates only. Must have funds available to set aside for future use.

3

Bonnet Creek Resort  Community Development District General Fund Budget

REVENUES:
Operations & Maintenance Assessments
The District levies Non-Ad Valorem Assessments on all of the assessable property within the District to pay for operating expenditures incun-ed during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County's Tax Roll, to be collected with the County's Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County. The second is for lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.
Interest Income
The District will invest surplus funds.
Reuse Water Fees
The District may receive momes reimbursing the cost of the reuse water.

EXPENDITURES:
ADMINISTRATIVE
Supervisor Fees
The District may compensate its supervisors within the appropriate statutory limits of
$200.00 maximum per meeting within an annual cap of $4,800.00 per supervisor.
District Engineer
The District's engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year. Donald W. McIntosh & Associates, Inc. provides the services.
Trustee's Fees
The District will incur annual trustee's fees upon the issuance of bonds for the oversight of the various accounts relating to the bond issues. The trustee for the District is USBank.
Dissemination Report
The District is required to file quarterly and annual disclosure reports, as required in the District's Trust Indenture, with the specified repositories. This is contracted out to a third party in compliance with the Trust Indenture. Prager & Co., LLC provides this service.

4

Bonnet Creek Resort  Community Development District General Fund Budget
Legal Services
The District's legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year. The District has contracted with Latham, Shuker, Eden & Beaudine, LLP to provide these services.
Assessment Roll Services
The District has contracted with Governmental Management Services-Central Florida, LLC for the collection of prepaid assessments, updating the District's Tax Roll and levying the annual assessment.
Auditing Services
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm, once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.
Arbitrage Rebate Calculation
The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds. The District has contracted with LLS Tax Solutions, Inc. to provide this service.
District Management Fees
The District as required by statute, will contract with a firm to provide for management and accounting of the District's day to day administrative needs. The cost to maintain the minutes of all Board meetings, preparing various resolutions and all other secretarial duties requested by the District throughout the year is also reflected in this amount. The District has contracted with Governmental Management Services-CF, LLC to provide these services.
Public Officials Liability Insurance
The District will incur expenditures for public officials' liability insurance for the Board and Staff.
Telephone
Telephone and fax machine.
Legal Advertising
The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines.

5

Bonnet Creek Resort  Community Development District General Fund Budget
Postage
Mailing of Board Meeting Agenda's, checks for vendors, and any other required correspondence.
Printing and Binding
Printing and binding agenda packages for board meetings, printing of computerized checks, correspondence, stationary, etc.
Office Supplies
Any supplies that may need to be purchased during the Fiscal Year, e.g., paper, minute books, file folders, labels, paper clips, etc.
Bank Fees
The District will incur bank service charges during the year.
Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity, along with other items which may require licenses or permits, etc.
FIELD OPERATIONS
Field Management
The District has contracted with Land Dev Management for general maintenance services.

Description	Monthly	Annually

Maintenance Services
TOTAL
Utility Services Utility Services

$5,023

----$6�0,2-76-t
$60,276

The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc. The District maintains the following accounts with Progress Energy.

Description
13251 Chelonia Parkway Ct Sign 3
13251 Chelonia Parkway Ct Sign 2
13251 Chelonia Parkway Ct Entrance Sign 14064 Chelonia Parkway Ct Pump
13251 Chelonia Parkway Ct Sign 1 14901 Chelonia Parkway Lift
TOTAL

Monthly
$20
$20
$240
$1,050

$45

$42

Annually
$240
$240
$2,880
$12,600
$500
$540
$17,000

6

Bonnet Creek Resort  Community Development District General Fund Budget

Street Lights
The District may have expenditures relating to streetlights throughout the community. These may be restricted to main arterial roads or in some cases to all streetlights within the District's boundaries. The District maintains the following account with Progress Energy.

Description
000 Chelonia Parkway Ct Lite
TOTAL

Monthly	Annually
$822	$9,862
$9,862

Street Light Lease
The District may budget separately for its streetlights lease separately. The District maintains the following account with Progress Energy.

Description
000 Chelonia Parkway Ct Lite
TOTAL

Water-Reclaimed

Monthly	Annually
$4,775	$57,300
$57,300

The District may incur expenses related to the use of reclaimed water for iffigation. The District maintains the following account with Orange County Utilities.

Description
14064 Chelonia Parkway
TOTAL

Stormwater Control - Bonnet Creek Resort
OC/Dep Quarterly Well Report

Monthly
$3,583

Annually
$43,000
$43,000

The District expenses related to quarterly well monitoring report.
Wetland & Upland Monitoring Services - (BDA)
Include reviews of nuisance/exotic (NIE) plant species maintenance associated with the on-site wetland and upland preservation areas

Description
BDA Environmental Consultants
TOTAL

Quarterly
$750

Annually
$3,000
$3,000

7

Bonnet Creek Resort  Community Development District General Fund Budget

Pond & Embankment Aquatic Treatment - (AWC)
Provide monthly chemical/manual treatments to control undesirable aquatic plants and algae growing in ponds 1 and 2. Control nuisance and exotic species growing along 68 11 If offence line. Control nuisance and exotic species growing along 33418 If of slopes and wetland edges to 15' in. Control of all vegetation growing within 5' ofoutfall structures.
Selective spot spraying techniques will be utilized to avoid impacting native vegetation.
Provide chemical treatment with aquatic approved herbicides supervised by state licensed natural area applicators.
Lake/Pond Repair
Expense related to repair and maintenance for inlet pipes, outfalls and weir structures for the storm water drainage system.

Stormwater Control - Crosby Island Marsh
Wetland & Upland Monitoring Services - (BDA)
Include reviews of nuisance/exotic (N/E) plant species maintenance associated with the on-site wetland and upland preservation areas

Description
BDA Environmental Consultants
TOTAL

Quarterly
$7,500

Annually
$30,000
$30,000

Nuisance/Exotic Species Maintenance - (AWC)
Provide monthly chemical/manual treatments to control undesirable aquatic plants and algae growing in ponds 1 and 2. Control nuisance and exotic species growing along 68 11 Ifof fence line. Control nuisance and exotic species growing along 334 18 If of slopes and wetland edges to 15' in. Control of all vegetation growing within 5' ofoutfall structures.
Selective spot spraying techniques will be utilized to avoid impacting native vegetation.
Provide chemical treatment with aquatic approved herbicides supervised by state licensed natural area applicators.

Description
Aquatic Weed Control
TOTAL

Quarterly
$2,780

8

Annually
$11, 120
$11,120

Bonnet Creek Resort  Community Development District General Fund Budget

Nuisance/Exotic Species Maintenance - (BDA)
Includes supervismy oversight ofthe nuisance/exotic (NIE) plant species management (to include the hand-removal and or herbicide treatment of NIE plant species) and maintenance.

Description
BDA Environmental Consultants
TOTAL

Embankment Mowing - (A.E. Smith)

Annually
$4,000
$4,000

The expenses related to mowing once a month from June to September at $85 an hour for 10 hours a month.
Wetland Restoration - {The Natives)
The Natives, Inc. will selectively herbicide exotic and nuisance species in the 28 acre seeded flatwoods restoration at Crosby Island Marsh in early summer and the fall for the year 2013. Mowing will also be performed as needed.

Description	Annually	
Vegetation Maintenance	$10,800	
2 Site Visits for Consultation & Evaluation	$1,600	
TOTAL	$12,400	

Other Physical Environment
General Liability Insurance
The District will incur fees to insure items owned by the District for its general liability needs.
Property Casualty Insurance
The District will incur fees to insure items owned by the District for its property needs.
Entry, Fence, Walls and Gates Maintenance
The District will incur expenditures to maintain the entry monuments and the fencing.
Pump Station Maintenance
Expenses incurred for Pump station maintenance.
Pump Station Repairs
Expenses incurred for Pump station repairs.

9

Bonnet Creek Resort  Community Development District General Fund Budget

Master FlowGuard Controller Maintenance and Repair - (Hoover Pumping)
Expenses incurred for Master FlowGuard Controller repairs.

Description	Annually	
Bonnet Creek Resort, ID#4147	$ 1,737	
Contingency	$1,564	
TOTAL	$3,300	
Master FlowGuard Remote Stations Maintenance and Repair - (Hoover Pumping)
Expenses incurred for Master FlowGuard Remote Stations Maintenance and Repair.

Description
Hilton Waldorf West at Bonnet Creek Resort, ID#6746 Hilton Waldorf East at Bonnet Creek Resort, ID#6847 Wyndham VO North at Bonnet Creek Resort, ID#6583 Bonnet Creek - Wyndham Hotel & Spa IQ POC, ID#733l Contingency
TOTAL

Landscape & Irrigation Maintenance

Annually
$813
$813
$813
$813
$ 1,747
$5,000

The District contracted with Austin Outdoors to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch and irrigation repairs.

Description	Monthly	Annually	
Austin Outdoor, LLC	$16, 132	$193,584	
TOTAL		$193,584	

Irrigation Repairs
Expenses incurred for irrigation repairs.
Landscape Replacement
Expenditures related to replacement of turf, trees, shrubs etc.
Lift Station Maintenance
Expenses incurred for a yearly preventative maintenance inspection at the lift station.

10

Bonnet Creek Resort  Community Development District General Fund Budget

Road & Street Facilities
Roadway Repair & Maintenance
Expenses related to the repair and maintenance ofroadways owned by the District if any.
Sidewalk Repair & Maintenance
Expenses related to sidewalks located in the right of way of streets the District may own if any.
Highway Directional Signage - (R&M)
Expenses which may not fit into any defined categ01y in this section of the budget.
Roadway Directional Signage - (R&M)
Expenses which may not fit into any defined category in this section ofthe budget.
Sidewalk/Curb Cleaning
Estimated cost for pressure washing the District owned sidewalks throughout the community.
Contingency
Monies collected and allocated for expenses that the District could incur miscellaneous throughout the year, which may not fit into any standard categories.
Capital Reserve
Monies collected and allocated for the future repair and replacement of various capital improvements.

11

DESCRIPTION REVENUES:

Assessments
!TOTAL REVENUES EXPENDITURES:

Interest - 11/1 Interest - 5/1 Principal - 5/1
!TOTAL EXPENDITURES
IEXCESS REVENUES/(EXPENDITURES)

Bonnet Creek Resort Community Develo�ment District
Debt Service Fund
Series 2002
Fiscal Year 2014
ADOPTED	ACTUAL	PROJECTED
BUDGET	THRU	NEXT
F/Y 2013	07/31/13	2 MONTHS

Interest	$0	$11	$0	$11	$0	

						

						

$4,295,863	$4,295,863	$0

$4,295,863	$4,295,863	$0

$1,700,431	$1,700,431	$0
$895,000	$895,000	$0
$1,700,431	$1,700,431	$0
$4,295,863	$4,295,863

$0	$0	$0

TOTAL	ADOPTED
PROJECTED	BUDGET
9/30/13	F/Y 2014

$4,295,863	$4,295,975

$4,295,863	$4,295,975 1

$1,700,431	$1,667,988
$895,000	$960,000
$1,700,431	$1,667,988
$4,295,863	$4,295,975 1
$0	$0 I

12

Bonnet Creek Resort Community Development District
SERIES 2002 CAPITAL IMPROVEMENT REVENUE BONDS DEBT SERVICE SCHEDULE
AMORTIZATION SCHEDULE

DATE

11/01/13
05/01/14
11/01/14
05/01/15
11/01/15
05/01/16
11/01/16
05/01/17
11/01/17
05/01/18
11/01/18
05/01/19
11/01/19
05/01/20
11/01/20
05/01/21
11/01/21
05/01/22
11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34

BALANCE	PRINCIPAL	INTEREST

$44,995,000.00	$0.00	$1,667,987.50
$44,995,000.00	$960,000.00	$1,667,987.50
$44,035,000.00	$0.00	$1,633,187.50
$44,035,000.00	$1,030,000.00	$1,633,187.50
$43,005,000.00	$0.00	$1,595,850.00
$43,005,000.00	$1,105,000.00	$1,595,850.00
$41,900,000.00	$0.00	$1,555,793.75
$41,900,000.00	$1,185,000.00	$1,555,793.75
$40,715,000.00	$0.00	$1,512,837.50
$40,715,000.00	$1,270,000.00	$1,512,837.50
$39,445,000.00	$0.00	$1,466,800.00
$39,445,000.00	$1,365,000.00	$1,466,800.00
$38,080,000.00	$0.00	$1,416,043.75
$38,080,000.00	$1,465,000.00	$1,416,043.75
$36,615,000.00	$0.00	$1,361,568.75
$36,615,000.00	$1,575,000.00	$1,361,568.75
$35,040,000.00	$0.00	$1,303,003.13
$35,040,000.00	$1,690,000.00	$1,303,003.13
$33,350,000.00	$0.00	$1,240,159.38
$33,350,000.00	$1,815,000.00	$1,240,159.38
$31,535,000.00	$0.00	$1,172,668.75
$31,535,000.00	$1,955,000.00	$1,172,668.75
$29,580,000.00	$0.00	$1,099,971.88
$29,580,000.00	$2,095,000.00	$1,099,971.88
$27,485,000.00	$0.00	$1,022,�68.75
$27,485,000.00	$2,255,000.00	$1,022,068.75
$25,230,000.00	$0.00	$938,215.63
$25,230,000.00	$2,420,000.00	$938,215.63
$22,810,000.00	$0.00	$848,225.00
$22,810,000.00	$2,600,000.00	$848,225.00
$20,210,000.00	$0.00	$751,540.63
$20,210,000.00	$2,795,000.00	$751,540.63
$17,415,000.00	$0.00	$647,606.25
$17,415,000.00	$3,000,000.00	$647,606.25
$14,415,000.00	$0.00	$536,046.88
$14,415,000.00	$3,225,000.00	$536,046.88
$11,190,000.00	$0.00	$416,121.88
$11,190,000.00	$3,465,000.00	$416,121.88
$7,725,000.00	$0.00	$287,268.75
$7,725,000.00	$3,725,000.00	$287,268.75
$4,000,000.00	$0.00	$148,746.88
$4,000,000.00	$4,000,000.00	$148,746.88

TOTAL

$4,295,975.00
$4,296,375.00
$4,296,700.00
$4,296,587.50
$4,295,675.00
$4,298,600.00
$4,297,087.50
$4,298,137.50
$4,296,006.26
$4,295,318.76
$4,300,337.so
$4,294,943.76
$4,299,137.50
$4,296,431.26
$4,296,450.00
$4,298,081.26
$4,295,212.50
$4,297,093.76
$4,297,243.76
$4,299,537.50
$4,297,493.76

$44,995,000.00	$45,243,425.08

$90,238,425.08

1

13

Bon net C reek Resort
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund Budget Fiscal Year 2014

REVENUE

DESCRIPTION

ADOPTED	ACTUAL	PROJECTED
BUDGET	THRU	NEXT
F/Y 2013	07/31/13	2 MONTHS

TOTAL	ADOPTED
PROJECTED	BUDGET
09/30/13	F/Y 2014

INTEREST INCOME
TRANSFER IN - CAPITAL PROJ ECTS TRANSFER IN - LANDSCAPE REPLACEMENT TRANSFER IN - ROADWAY RESERVE TRANSFER IN - SIDEWALKS
CARRY FORWARD SURPLUS
jTOTAL REVENUE EXPENDITURES
Series 2002A
LIFT STATION CONSTRUCTION
LIFT STATION CONSTRUCTION PHASE SERVICES IMPROVEMENTS
Landscaping Reserve

LANDSCAPE PROJECT (Austin Outdoors)

ROADWAY STRIPING	$	$	2,662   $	$	2,662 $	
LIFT STATION/ENGINEERING
STORMWATER SYSTEM	$
$	$	5,130	$
$	$	5,130	$
$	
jTOTAL EXPENDITURES	$	$	7,792	$	$	2,662	$	-	
IEXCESS OF REVENUES(EXPENDITURES)	$	232,214	$	230,656	$	13	$	235,799	$	305,849	
	PROJECTED BALANCES:
Capital Reserve	
$	45,911
$	98,160	
$	5
$	20	
$	45,916 
$	98,180	
$	45,916 
$	165,725	
Landscaping Reserves	$	17,376	$	5	$	17,381	$	1 9,886	
Total	$	161 ,447	$	30	$	161 477	$	231 ,527	

Capital Reserves

$	50   $	87   $

$	64,S00
$	2,500
$	2,000	$	64,500
$	2,500
$	2,000	$
$
$	$	64,500
$	2,500
$	2,000	$	64,500
$	2,500
$	2,000	
$	1,000
$	162,164
$	232,214	$	1,000
$	168,361
$	238,448	$
$
$	13	$	1,000
$	168,361
$	238,461	$	1,000
$	235,799
$	305,849 I	

$	$	$
$	$	$
$	$	$

$	$	$

13   $	100   $	50

$	$
$	$
$	$

$	$

$	$

I I
Series 2002A

14

15

BONNET CREEK RESORT
COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2013/2014 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

I

$768,876
$4,295,975

Total O & M Assessment Total DS Assessment

TOTAL FY 201 2L2013 
ASSESSM ENT PER PARCEL 

TOTAL OPERATIONS	TOTAL SERIES 2002 ALLOCATION OF	AND MAINTENANCE		DE BT SE RVICE

PRODU CT TYPE (PARCEL)	ASSESSM ENTS	ASSESSM ENT	ASSESSMENT

Timeshare (A)	36.10%	$277,587.30	$1 ,550, 975.85	$1 ,828,563. 16 	
Hotel (B)	11 .90%	$91 ,503.93	$511 ,263.98	$602,767.92	
Hotel (C/D)	20.83%	$1 60, 141 .49	$894,765.67	$1 ,054,907. 17 	
Timeshare (E)	1 7.28%	$1 32, 823.33	$742, 1 29.68	$874,953.01 	
Hotel (F)	8. 93%	$68,629.87	$383,458.73	$452,088.60	
Golf Course (G)	4.97%	$38, 1 90.07	$21 3,381 .08	$251, 571 .1 5	
	1 00.0%	$768,876.00	$4,295, 975.00	$5,064,851 .00	

16

Bonnet Creek Resort
COM MUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2013/2014 0 & M & DEBT SE RVICE SCHEDULE

201 2/2013 0 & M Budget	$670,376.00	
201 3/2014 0 & M Budget	$768,876.00	
Total Difference	$98,500.00	

201 2/2013 Debt Service Assessment	
$4,295,862.50	
201 3/2014 Debt Service Assessment	$4,295,975.00	
Total Difference	$112.50	

PER UNIT ANNUAL ASSESSMENT

Debt Service - Parcel A	$1,550,954	$1 ,550,935	$1,550,976	$41	1 00%	
Oeerations/Maintenance - Parcel A	$242,006	$242,026	$277,587	$35,561	115%	
Total	$1,792,960	$1 ,792,961	$1,828,563	$35,602	1 02%	
Debt Service - Parcel B	$511 ,273	$51 1 ,251	$511,264	$13 	1 00%	
Oeerations/Maintenance - Parcel B	$79,775	$79,781	$91 ,504	$11 ,722	115%	
Total	$591, 047	$591,032	$602,768	$11 ,736	1 02%	
Debt Service - Parcel CID	$894,727	$894,742	$894,766	$23	1 00%	
Oeerations/Maintenance - Parcel C/D	$1 39,639	$1 39,626	$160,141	$20,51 6	115%	
Total	$1 ,034,366	$1, 034,368	$1,054,907	$20,539	1 02%	
Debt Service - Parcel E	$742, 123	$742, 110 	$742, 1 30	$1 9	1 00%	
Oeerations/Maintenance - Parcel E	$11 5,841	$11 5,807	$1 32,823	$17,016 	115%	
Total	$857,964	$857,918 	$874,953	$17,035	1 02%	
Debt Service - Parcel F	$383,454	$383,449	$383,459	$10 	1 00%	
oeerations/Maintenance - Parcel F	$59,865	$59,838	$68,630	$8,792	115%	
Total	$443, 319 	$443,286	$452,089	$8, 802	1 02%	
Debt Service - Parcel G	$21 3,400	$213,375	$213,381	$6	1 00%	
Oeerations/Maintenance - Parcel G	$33, 318 	$33,298	$38, 1 90	$4,892	115%	
Total	$246,717	$246,673	$251 ,571	$4,898	1 02%	

2011 /201 2	201 2/2013	201 3/2014	Proposed Increase/Decrease