Author: Gms

Bonnet Creek Resort
Community Development District Adopted Budget
General Fund

Bonnet Creek Resort Community Development District
General Fund Budget FISCAL YEAR 2022

Bonnet Creek Resort
Community Development District

Bonnet Creek Resort
Community Development District

Adopted Budget
FY 2022

Table of Contents

1-2 | General Fund
3-10 | General Fund Narrative
11 | Debt Service Fund - Series 2016
12 | Amortization Schedule - Series 2016
13 | Capital Projects Fund
14-15 | Assessment Charts

| Adopted Budget FY2021 | | Actuals Thru 7/31/21 | Projected Next 2 Months | Projected Thru 9/30/21 | | Adopted Budget FY2022
Revenues | | | | | | | |
Maintenance Assessments - Off Roll | $ | 858,876 | $ | 663,323 | $	195,553 | $	858,876 | $ | 858,876
Interest Income | $ | 150 | $ | 175 | $	35 | $	210 | $ | 100
Reuse Water Fees - Wyndham | $ | 8,000 | $ | 8,633 | $	1,727 | $	10,360 | $ | 8,000
Reuse Water Fees - Golf Course | $ | 27,000 | $ | 23,596 | $	4,719 | $	28,315 | $ | 27,000
Reuse Water Fees - Signia by Hilton | $ | 4,000 | $ | 4,286 | $	857 | $	5,143 | $ | 4,000
Reuse Water Fees - Marriott | $ | 1,000 | $ | 1,716 | $	343 | $	2,060 | $ | 1,400
Carry Forward Surplus | $ | 99,045 | $ | 385,308 | $	- | $	385,308 | $ | 0
Total Revenues | $ | 998,071 | $ | 1,087,037 | $	203,234 | $	1,290,271 | $ | 899,376
Expenditures | | | | | | | |
General & Administrative | | | | | | | |
Supervisor Fees | $ | 6,000 | $ | 6,800 | $	1,600 | $	8,400 | $ | 8,000
Engineering Fees | $ | 20,000 | $ | 14,496 | $	2,899 | $	17,396 | $ | 20,000
Trustee Fees | $ | 6,000 | $ | 5,388 | $	- | $	5,388 | $ | 6,000
Legal Services | $ | 20,000 | $ | 15,568 | $	3,598 | $	19,166 | $ | 20,000
Assessment Roll Services | $ | 3,000 | $ | 3,000 | $	- | $	3,000 | $ | 3,000
Auditing Services | $ | 3,100 | $ | 3,100 | $	- | $	3,100 | $ | 3,100
Arbitrage Rebate Calculation | $ | 450 | $ | 450 | $	- | $	450 | $ | 450
District Management Fees | $ | 32,914 | $ | 27,428 | $	5,486 | $	32,914 | $ | 33,901
Information Technology | $ | 800 | $ | 600 | $	120 | $	720 | $ | 1,000
Website Maintenance | $ | 400 | $ | 458 | $	80 | $	538 | $ | 650
Insurance - Professional Liability | $ | 7,223 | $ | 6,894 | $	- | $	6,894 | $ | 7,584
Telephone | $ | 100 | $ | - | $	17 | $	17 | $ | 100
Legal Advertising | $ | 2,100 | $ | 785 | $	157 | $	942 | $ | 2,100
Postage | $ | 1,900 | $ | 873 | $	175 | $	1,048 | $ | 1,900
Printing & Binding | $ | 1,200 | $ | 482 | $	96 | $	579 | $ | 1,200
Office Supplies | $ | 300 | $ | 112 | $	22 | $	134 | $ | 300
Bank Fees | $ | 150 | $ | 1,803 | $	300 | $	2,103 | $ | 500
Dues, Licenses & Subscriptions | $ | 175 | $ | 175 | $	- | $	175 | $ | 175
Contingency | $ | - | $ | 391 | $	- | $	391 | $ | -
Total Administrative: | $ | 105,812 | $ | 88,804 | $	14,550 | $	103,354 | $ | 109,960

| Adopted Budget FY2021 | Actuals Thru 7/31/21 | Projected Next 2 Months | Projected Thru 9/30/21 | Adopted Budget FY2022
Operations & Maintenance | | | | | |
Field Management | $ | 56,976  $ | 47,480  $ | 9,496  $ | 56,976  $ | 56,976
Utility Services | | | | | |
Utility Services | $ | 14,000  $ | 10,955  $ | 1,800  $ | 12,755  $ | 14,000
Street Lights - Usage | $ | 3,900  $ | 2,652  $ | 521  $ | 3,172  $ | 3,900
Street Lights - Lease & Maintenance Agreement | $ | 66,000  $ | 53,637  $ | 10,727  $ | 64,364  $ | 66,000
Water Service - Reuse Water | $ | 43,000  $ | 27,408  $ | 12,592  $ | 40,000  $ | 43,000
SFWMD Water Use Compliance Report | $ | 5,000  $ | -	$ | 5,000  $ | 5,000  $ | 5,000
Stormwater Control - Bonnet Creek Resort | | | | | |
Oc/Dep Quarterly Well Monitoring Report | $ | 1,500  $ | 1,082  $ | 364  $ | 1,446  $ | 1,500
Wetland & Upland Monitoring Services - (Bda) | $ | 3,000  $ | -	$ | 3,000  $ | 3,000  $ | 3,000
Pond & Embankment Aquatic Treatment - (Awc) | $ | 15,396  $ | 11,858  $ | 3,388  $ | 15,246  $ | 15,396
Irrigation Pond Treatment - Solitude | $ | 2,737  $ | 2,263  $ | 455  $ | 2,718  $ | 2,814
Nuisance/Exotic Species Maintenance - (Awc) | $ | 11,000  $ | -	$ | 5,500  $ | 5,500  $ | 11,000
Stormwater Control - Crosby Island Marsh | | | | | |
Nuisance/Exotic Species Maintenance - (Awc) | $ | 7,500  $ | 5,000  $ | 2,500  $ | 7,500  $ | 7,500
Nuisance/Exotic Species Maintenance - (Bda) | $ | 4,500  $ | 1,920  $ | 750  $ | 2,670  $ | 4,500
Embankment Mowing - (A. E. Smith) | $ | 6,000  $ | 1,700  $ | 4,300  $ | 6,000  $ | 6,000

Other Physical Environment
Property Insurance

$

6,463  $

6,463  $

-	$

6,463  $

7,109

Entry, Fence, Walls & Gates Maintenance | $ | 24,500  $ | 862  $ | 4,083  $ | 4,946  $ | 24,500
Pump Station Maintenance | $ | 2,500  $ | 2,617  $ | -	$ | 2,617  $ | 2,500
Pump Station Repairs | $ | 7,500  $ | -	$ | 1,250  $ | 1,250  $ | 7,500
Landscape & Irrigation Maintenance | $ | 198,074  $ | 165,000  $ | 33,000  $ | 198,000  $ | 198,000
Irrigation Repairs | $ | 3,500  $ | 2,749  $ | 550  $ | 3,299  $ | 3,500
Landscape Replacement | $ | 19,500  $ | 10,128  $ | 2,026  $ | 12,153  $ | 15,000
Lift Station Maintenance | $ | 2,500  $ | 950  $ | 900  $ | 1,850  $ | 5,000
Road & Street Facilities | | | | | |
Roadway Repair & Maintenance | $ | 13,000  $ | 9,110  $ | 1,822  $ | 10,932  $ | 10,400
Highway Directional Signage - (R&M) | $ | 10,000  $ | -	$ | 1,667  $ | 1,667  $ | 5,000
Roadway Directory Signage - (R&M) | $ | 5,500  $ | -	$ | 917  $ | 917  $ | 5,000
Sidewalk/Curb Cleaning | $ | 12,000  $ | 12,000  $ | -	$ | 12,000  $ | 12,000
Contingency | $ | 20,000  $ | 461  $ | 3,333  $ | 3,794  $ | 16,000
Total Operations & Maintenance: | $ | 565,546  $ | 376,294  $ | 109,941  $ | 486,235  $ | 552,095
Total Expenditures | $ | 671,358  $ | 465,098  $ | 124,491  $ | 589,589  $ | 662,055
Other Financing Sources/(Uses) | | | | | |
Transfer Out - Capital Reserve | $ | (326,713)  $ | (163,357)  $ | (530,176)  $ | (693,532)  $ | (237,321)
Transfer Out - Debt Service | $ | -  $ | (7,150)  $ | -  $ | (7,150)  $ | -
Total Other Financing Sources (Uses) | $ | (326,713)  $ | (170,506)  $ | (530,176)  $ | (700,682)  $ | (237,321)
Excess Revenues/(Expenditures) | $ | 0  $ | 451,433  $ | (451,432)  $ | 0  $ | 0

REVENUES:

Maintenance Assessments – Off Roll
The District levies Non-Ad Valorem Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the fiscal year. It will be directly billed from the District to the appropriate property owner.

Interest Income
The District will invest surplus funds with State Board of Administration, Regions Bank, and SunTrust Bank.

Reuse Water Fees
The District pays Orlando County Utilities Department for monthly reclaimed commercial water usage then bills Wyndham, Golf Course, Signia by Hilton, and Marriott for their portion based on individual meter readings to reimburse the cost of the reuse water.
________________________________________________________________________

EXPENDITURES:

GENERAL & ADMINISTRATIVE

Supervisor Fees
The District may compensate its supervisors within the appropriate statutory limits of $200 maximum per meeting within an annual cap of $4,800 per supervisor. The amount is based upon 5 Supervisors attending 8 monthly meetings during the fiscal year.

Engineering Fees
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.

Trustee Fees
The District issued Series 2016 Special Assessment Refunding Bonds that are deposited with a Trustee at US Bank, N.A.

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.

Assessment Roll Services
The District has contracted with Governmental Management Services - Central Florida, LLC for the collection of prepaid assessments, maintaining Lien Book, 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.

District Management Fees
The District has contracted with Governmental Management Services – Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financials reporting, annual audits, etc.

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.
Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Insurance – Professional Liability
The District’s general liability and public officials liability coverage are provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

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.

Postage
Mailing of Board Meeting Agenda's, checks for vendors, and any other required correspondence.

Printing & 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 of $175 to the Department of Economic Opportunity. This is the only expense for this line item.

OPERATIONS & MAINTENANCE
Field Management
The District has contracted with Governmental Management Services - Central Florida for general maintenance services.

Description

Monthly

Annually

$4,748 	$56,976 
$56,976

Field Management
TOTAL

Utility Services
Utility Services
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 Duke Energy.

Description | Monthly | Annually
13251 Chelonia Parkway Ct Sign 4 | $17 | $204
13251 Chelonia Parkway Ct Sign 3 | $17 | $204
13251 Chelonia Parkway Ct Sign 2 | $20 | $240
13252 Chelonia Parkway Ct Sign 5 | $18 | $218
13251 Chelonia Parkway Ct Entrance Sign | $236 | $2,832
14064 Chelonia Parkway Ct Pump | $800 | $9,600
13251 Chelonia Parkway Ct Sign 1 | $19 | $228
14901 Chelonia Parkway Lift | $40 | $474
TOTAL | | $14,000

Street Lights - Usage
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 Duke Energy.

Description

Monthly

Annually

$325 	$3,900 
$3,900

000 Chelonia Parkway Ct Lite
TOTAL

Street Lights – Lease & Maintenance Agreement
The District may budget for its streetlights lease separately. The District maintains the following account with Duke Energy.

Description

Monthly

Annually

$5,500 	$66,000 
$66,000

000 Chelonia Parkway Ct Lite
TOTAL

Water Service – Reuse Water
The District may incur expenses related to the use of reclaimed water for irrigation. The District maintains the following account with Orange County Utilities.

Description

Monthly

Annually

$3,583 	$43,000 
$43,000

14064 Chelonia Parkway
TOTAL

SFWMD Water Use Compliance Report
Expenditures related for compliance reporting for the application of Consumptive Water Use Permits with South Florida Water Management District.

Stormwater Control – Bonnet Creek Resort
OC/Dep Quarterly Well Monitoring Report
The District expenses related to quarterly well monitoring report.

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

Annually

	$3,000 
$3,000

BDA Environmental Consultants
TOTAL

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 6811 If of fence 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' of outfall 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.

Irrigation Pond Treatment – (Solitude)
The District has contract with Solitude Lake Management to provide pond maintenance services on one irrigation pond. Services include aquatic weed control, shoreline weed control and water quality monitoring.

Description

Monthly

Annually

$234 	$2,814 
$2,814

Solitude Lake Management
TOTAL

Nuisance/Exotic Species Maintenance – (AWC)
Includes supervisory oversight of the nuisance/exotic (N/E) plant species management (to include the hand-removal and or herbicide treatment of N/E plant species) and maintenance if necessary.

Description

Quarterly

Annually

$2,750 	$11,000 
$11,000

Aquatic Weed Control (Wetlands)
TOTAL

Stormwater Control – Crosby Island Marsh
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 6811 If of fence 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' of outfall 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

Per Visit

Annually

$2,500 	$7,500 
$7,500

Aquatic Weed Control (Wetlands) – 3 Visits
TOTAL

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

Description

Annually

	$4,500 
$4,500

BDA Environmental Consultants
TOTAL

Embankment Mowing
Mowing of conservation berms surrounding wetland and mitigation areas.

Other Physical Environment
Property Insurance
Represents the District’s share of the annual coverage of property insurance. Coverage is provided by Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

Entry, Fence, Walls & 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.

Landscape & Irrigation Maintenance
The District contracted with Yellowstone Landscape 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 Maintenance.

Description

Monthly

Annually

$16,500 	$198,000 
$198,000

Yellowstone - Landscape Maintenance
TOTAL

Irrigation Repairs
Expenses incurred for irrigation repairs.

Landscape Replacement
Expenditures related to replacement of turf, trees, shrubs etc.

Lift Station Maintenance
Expenses incurred for yearly preventative maintenance and any additional repairs to the lift station and generator.

Description | Quarterly | Annually
Lift Station Preventative Maintenance | $300 | $1,200
Generator Preventative Maintenance | | $1,250
Contingency | | $2,550
TOTAL | | $5,000

Road & Street Facilities
Roadway Repair and Maintenance
Expenses related to the repair and maintenance of roadways owned by the District if any.

Highway Directional Signage – (R&M)
Highway Directional Signage expenses which may not fit into any defined category in this section of the budget.

Roadway Directional Signage – (R&M)
Roadway Directional Signage expenses which may not fit into any defined category in this section of the 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.

Transfer Out - Capital Reserve
Monies collected and allocated for the future repair and replacement of various capital improvements.

Adopted Budget
Debt Service Fund Series 2016

| Adopted Budget | Actuals Thru | Projected Next | Projected Thru | Adopted Budget
Description | FY2021 | 7/31/21 | 2 Months | 9/30/21 | FY2022
Revenues | | | | |
Assessments - Direct Billed | $	2,083,132  $ | 2,083,132  $ | -	$ | 2,083,132  $ | 2,110,462
Interest Income | $	6,000  $ | 62  $ | 44  $ | 107  $ | -
Carry Forward Surplus | $	10,843  $ | 9,836  $ | -	$ | 9,836  $ | 249
Total Revenues | $	2,099,975  $ | 2,093,030  $ | 44  $ | 2,093,074  $ | 2,110,711
Expenditures | | | | |
General & Administrative: | | | | |
Interest - 11/1 | $	484,988  $ | 484,988  $ | -	$ | 484,988  $ | 459,563
Principal - 5/1 | $	1,130,000  $ | 1,130,000  $ | -	$ | 1,130,000  $ | 1,180,000
Interest - 5/1 | $	484,988  $ | 484,988  $ | -	$ | 484,988  $ | 459,563
Total Expenditures | $	2,099,975  $ | 2,099,975  $ | -	$ | 2,099,975  $ | 2,099,125
Other Sources/(Uses) | | | | |
Transfer In | $	-	$ | 7,150  $ | -	$ | 7,150  $ | -
Total Other Financing Sources (Uses) | $	-	$ | 7,150  $ | -	$ | 7,150  $ | -
Excess Revenues/(Expenditures) | $	0  $ | 205  $ | 44  $ | 249  $ | 11,586

Series 2016 Special Assessment Bonds Amortization Schedule

Date | | Balance | | Prinicpal | | Interest | | Total
05/01/21 | $ | 20,425,000.00 | $ | - | $ | 459,562.50 | $ | 459,562.50
11/01/21 | $ | 20,425,000.00 | $ | - | $ | 459,562.50 | $ | 2,099,125.00
05/01/22 | $ | 20,425,000.00 | $ | 1,180,000.00 | $ | 459,562.50 | |
11/01/22 | $ | 19,245,000.00 | $ | - | $ | 433,012.50 | $ | 2,101,025.00
05/01/23 | $ | 19,245,000.00 | $ | 1,235,000.00 | $ | 433,012.50 | |
11/01/23 | $ | 18,010,000.00 | $ | - | $ | 405,225.00 | $ | 2,105,450.00
05/01/24 | $ | 18,010,000.00 | $ | 1,295,000.00 | $ | 405,225.00 | |
11/01/24 | $ | 16,715,000.00 | $ | - | $ | 376,087.50 | $ | 2,107,175.00
05/01/25 | $ | 16,715,000.00 | $ | 1,355,000.00 | $ | 376,087.50 | |
11/01/25 | $ | 15,360,000.00 | $ | - | $ | 345,600.00 | $ | 2,106,200.00
05/01/26 | $ | 15,360,000.00 | $ | 1,415,000.00 | $ | 345,600.00 | |
11/01/26 | $ | 13,945,000.00 | $ | - | $ | 313,762.50 | $ | 2,107,525.00
05/01/27 | $ | 13,945,000.00 | $ | 1,480,000.00 | $ | 313,762.50 | |
11/01/27 | $ | 12,465,000.00 | $ | - | $ | 280,462.50 | $ | 2,110,925.00
05/01/28 | $ | 12,465,000.00 | $ | 1,550,000.00 | $ | 280,462.50 | |
11/01/28 | $ | 10,915,000.00 | $ | - | $ | 245,587.50 | $ | 2,111,175.00
05/01/29 | $ | 10,915,000.00 | $ | 1,620,000.00 | $ | 245,587.50 | |
11/01/29 | $ | 9,295,000.00 | $ | - | $ | 209,137.50 | $ | 2,113,275.00
05/01/30 | $ | 9,295,000.00 | $ | 1,695,000.00 | $ | 209,137.50 | |
11/01/30 | $ | 7,600,000.00 | $ | - | $ | 171,000.00 | $ | 2,117,000.00
05/01/31 | $ | 7,600,000.00 | $ | 1,775,000.00 | $ | 171,000.00 | |
11/01/31 | $ | 5,825,000.00 | $ | - | $ | 131,062.50 | $ | 2,117,125.00
05/01/32 | $ | 5,825,000.00 | $ | 1,855,000.00 | $ | 131,062.50 | |
11/01/32 | $ | 3,970,000.00 | $ | - | $ | 89,325.00 | $ | 2,118,650.00
05/01/33 | $ | 3,970,000.00 | $ | 1,940,000.00 | $ | 89,325.00 | |
11/01/33 | $ | 2,030,000.00 | $ | - | $ | 45,675.00 | $ | 2,121,350.00
05/01/34 | $ | 2,030,000.00 | $ | 2,030,000.00 | $ | 45,675.00 | |
| | | $ | 20,425,000.00 | $ | 7,470,562.50 | $ | 27,895,562.50

Adopted Budget Capital Projects Fund Budget

| Adopted Budget | Actuals Thru | Projected Next | Projected Thru | Adopted Budget
Description | FY2021 | 7/31/21 | 2 Months | 9/30/21 | FY2022
Revenues | | | | |
Transfer In - Capital Projects | $	326,713 | $	163,357 | $	530,176 | $	693,532 | $	237,321
Interest Income | $	50 | $	1,081 | $	216 | $	1,297 | $	50
Carry Forward Surplus | $	905,000 | $	1,648,082 | $	- | $	1,648,082 | $	304,853
Total Revenues | $	1,231,763 | $	1,812,519 | $	530,392 | $	2,342,911 | $	542,224
Expenditures | | | | |
General & Administrative: | | | | |
Sidewalk/Curb Repairs | $	15,000 | $	- | $	- | $	- | $	-
Irrigation Improvement | $	- | $	1,134,802 | $	30,211 | $	1,165,013 | $	-
Entry Monument | $	905,000 | $	387,919 | $	484,983 | $	872,902 | $	-
Stacking Lane | $	311,763 | $	- | $	- | $	- | $	-
Offsite Wayfinding Signs | $	- | $	- | $	- | $	- | $	-
Chelonia Parkway Resurfacing | $	- | $	- | $	- | $	- | $	-
Contingency | $	- | $	120 | $	24 | $	144 | $	542,224
Total Expenditures | $	1,231,763 | $	1,522,840 | $	515,218 | $	2,038,058 | $	542,224
Excess Revenues/(Expenditures) | $	- | $	289,679 | $	15,174 | $	304,853 | $	-

BONNET CREEK RESORT COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2021/2022 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

Total O & M Assessment | $858,876 | |
Total DS Assessment | $2,110,462 | |
| | TOTAL OPERATIONS | ALLOCATION OF | TOTAL SERIES 2016 | TOTAL FY 2021/2022
| ALLOCATION OF | AND MAINTENANCE | DEBT | DEBT SERVICE | ASSESSMENT
PRODUCT TYPE (PARCEL) | ASSESSMENTS | ASSESSMENT | ASSESSMENTS | ASSESSMENT | PER PARCEL
Timeshare (A) | 36.10% | $310,080.07 | 0.00% | $0.00 | $310,080.07
Hotel (B) | 11.90% | $102,214.85 | 18.63% | $393,089.32 | $495,304.17
Hotel (C/D) | 20.83% | $178,886.73 | 32.60% | $687,906.28 | $866,793.01
Timeshare (E) | 17.28% | $148,370.86 | 27.04% | $570,577.65 | $718,948.51
Hotel (F) | 8.93% | $76,663.29 | 13.97% | $294,816.96 | $371,480.25
Golf Course (G) | 4.97% | $42,660.38 | 7.77% | $164,071.33 | $206,731.71
| 100.00% | $858,876.18 | 100.00% | $2,110,461.54 | $2,969,337.72

Bonnet Creek Resort COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2021/2022 O & M & DEBT SERVICE SCHEDULE

2020/2021 O & M Budget | | $858,876 | |
2021/2022 O & M Budget | | $858,876 | |
Total Difference | | $0.00 | |
2020/2021 Debt Service Assessment | | $2,083,132 | |
2021/2022 Debt Service Assessment | | $2,110,462 | |
Total Difference | | $27,329 | |
| PER UNIT ANNUAL ASSESSMENT |
| 2018/2019 | 2019/2020 | 2020/2021 | 2021/2022 | Adopted Increase/Decrease |
Debt Service - Parcel A | $0 | $0 | $0 | $0 | $0 | 0%
Operations/Maintenance - Parcel A | $310,080 | $310,080 | $310,080 | $310,080 | $0 | 0%
Total | $310,080 | $310,080 | $310,080 | $310,080 | $0 | 0%
Debt Service - Parcel B | $387,799 | $386,516 | $387,999 | $393,089 | $5,090 | 1%
Operations/Maintenance - Parcel B | $102,215 | $102,215 | $102,215 | $102,215 | $0 | 0%
Total | $490,410 | $488,731 | $490,214 | $495,304 | $5,090 | 1%
Debt Service - Parcel C/D | $678,647 | $676,402 | $678,998 | $687,906 | $8,908 | 1%
Operations/Maintenance - Parcel C/D | $178,887 | $178,887 | $178,887 | $178,887 | $0 | 0%
Total | $858,227 | $855,289 | $857,885 | $866,793 | $8,908 | 1%
Debt Service - Parcel E | $562,898 | $561,036 | $563,189 | $570,578 | $7,389 | 1%
Operations/Maintenance - Parcel E | $148,371 | $148,371 | $148,371 | $148,371 | $0 | 0%
Total | $711,844 | $709,407 | $711,560 | $718,949 | $7,389 | 1%
Debt Service - Parcel F | $290,849 | $289,887 | $290,999 | $294,817 | $3,818 | 1%
Operations/Maintenance - Parcel F | $76,663 | $76,663 | $76,663 | $76,663 | $0 | 0%
Total | $367,809 | $366,550 | $367,662 | $371,480 | $3,818 | 1%
Debt Service - Parcel G | $161,863 | $161,328 | $161,947 | $164,071 | $2,125 | 1%
Operations/Maintenance - Parcel G | $42,660 | $42,660 | $42,660 | $42,660 | $0 | 0%
Total | $204,689 | $203,988 | $204,607 | $206,732 | $2,125 | 1%