Durbin Crossing

Community Development District

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Adopted Budget Fiscal Year 2023

Durbin Crossing
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Budget Narrative	Page 3-12
Assessment Chart	Page 13

Debt Service Fund

Series 2017A-1/A-2 Budget	Page 14
Series 2017A-1/A-2 Amortization Schedule	Page 15-16 Capital Reserve Fund
Budget	Page 17

	Adopted	Actual YTD	Projected	Projected	Adopted	
	FY 2022
Budget	Thru 7/31/22	Next 2 Months	
Thru 9/30/22	FY 2023
Budget	
Revenues						
Assessments	$	2,099,514	$	2,090,806	$	8,708	$	2,099,514	$	2,261,999	
Interest Income	$	30	$	29	$	7	$	36	$	100	
Misc Income	$	20,000	$	39,230	$	7,770	$	47,000	$	47,000	
Total Revenues	$ 2,119,544	$ 2,130,066	$	16,485	$ 2,146,550	$ 2,309,099	
Expenditures						
Administrative						
Supervisor Fees	$	11,000	$	8,200	$	2,000	$	10,200	$	11,000	
FICA Expense	$	842	$	627	$	153	$	780	$	842	
Assessment Roll Administration (GMS)	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Engineering Fees (ETM)	$	13,000	$	9,747	$	1,949	$	11,696	$	13,000	
Dissemination Fees (GMS and Disclosure Services )	$	7,200	$	5,763	$	1,350	$	7,113	$	7,200	
Attorney Fees (Kutak Rock)	$	50,000	$	38,363	$	11,637	$	50,000	$	50,000	
Annual Audit (Berger, Toombs, Elam)	$	4,200	$	3,610	$	-	$	3,610	$	4,200	
Trustee Fees (US Bank)	$	10,800	$	10,775	$	-	$	10,775	$	10,800	
Arbitrage (Grau)	$	1,200	$	1,200	$	-	$	1,200	$	1,200	
Impact Fee Administration (GMS)	$	15,000	$	12,500	$	2,500	$	15,000	$	15,000	
Management Fees (GMS)	$	48,880	$	40,733	$	8,147	$	48,880	$	51,324	
Information Technology	$	1,200	$	1,000	$	500	$	1,500	$	1,500	
Website Maintenance	$	800	$	667	$	333	$	1,000	$	1,000	
Telephone	$	600	$	618	$	182	$	800	$	800	
Postage	$	1,800	$	2,192	$	150	$	2,342	$	2,500	
Printing & Binding	$	1,500	$	1,900	$	250	$	2,150	$	2,150	
Insurance (FIA)	$	8,354	$	7,860	$	-	$	7,860	$	9,432	
Legal Advertising	$	2,000	$	781	$	1,219	$	2,000	$	2,000	
Other Current Charges	$	1,000	$	632	$	368	$	1,000	$	1,000	
Office Supplies	$	150	$	27	$	23	$	50	$	150	
Dues, Licenses & Subscriptions (DCA)	$	175	$	175	$	-	$	175	$	175	
Administrative Expenses	$	184,701	$  152,369	$	30,762	$	183,131	$	190,273	
Amenity Center						
Insurance (FIA)	$	31,077	$	29,235	$	-	$	29,235	$	35,082	
Repairs & Replacements	$	60,000	$	60,791	$	19,209	$	80,000	$	80,000	
Recreational Passes	$	4,000	$	-	$	1,000	$	1,000	$	2,000	
Office Supplies	$	6,000	$	6,325	$	1,175	$	7,500	$	7,500	
Permit Fees (Dept of Health/ASCAP/BMI/SEASAC)	$	3,000	$	3,032	$	450	$	3,482	$	3,700	
Utilities
Water & Sewer (JEA)	
$	42,000	
$	28,180	
$	13,820	
$	42,000	
$	42,000	
Electric (JEA)	$	36,000	$	28,240	$	7,760	$	36,000	$	36,000	
Website	$	650	$	295	$	150	$	445	$	-	
Cable/Phone/Internet	$	19,380	$	15,436	$	6,087	$	21,524	$	22,000	
Security System (Atlantic)	$	1,000	$	280	$	560	$	840	$	1,670	
Amenity Center Management Contracts
Managerial (VESTA)	
$	221,090	
$	184,243	
$	36,848	
$	221,091	
$	241,582	
Staffing (VESTA)	$	216,294	$	180,210	$	36,042	$	216,252	$	241,133	
Lifeguards (VESTA)	$	74,861	$	53,728	$	26,272	$	80,000	$	82,771	
Mobile App/Website (VESTA)	$	2,500	$	2,083	$	624	$	2,707	$	2,750	
Continued Amenity Center Management Contracts
Refuse Service (Waste Management)	
$	4,800	
$	5,553	
$	1,100	
$	6,653	
$	7,000	
Pool Chemicals (Poolsure)	$	23,003	$	20,308	$	4,070	$	24,378	$	29,000	
Special Events	$	26,000	$	41,415	$	3,585	$	45,000	$	30,000	

	Adopted	Actual YTD	Projected	Projected	Adopted	
	FY 2022
Budget	Thru 7/31/22	Next 2 Months	
Thru 9/30/22	FY 2023
Budget	
Holiday Décor	$	-	$	-	$	-	$	-	$	15,000	
Pest Control (Turner Pest Control)	$	5,208	$	5,973	$	1,792	$	7,765	$	8,000	
Pressure Washing	$	17,000	$	6,661	$	1,839	$	8,500	$	8,500	
Fitness Equip Maintenance	$	-	$	-	$	2,500	$	2,500	$	8,500	
Amenity Center Expenses	$	793,863	$	671,989	$  164,883	$	836,872	$	904,188	

Grounds Maintenance						
Electric (JEA)	$	5,200	$	3,999	$	1,701	$	5,700	$	5,708	
Water & ReUse (JEA)	$	355,000	$	245,923	$	109,077	$	355,000	$	355,000	
Streetlighting (JEA)	$	71,000	$	60,205	$	10,795	$	71,000	$	71,000	
Lake Maintenance (Solitude Lake Management)	$	55,500	$	47,672	$	12,828	$	60,500	$	60,500	
Landscape Maintenance (Yellowstone)	$	450,480	$	351,610	$	75,080	$	426,690	$	529,992	
Landscape Contingency	$	60,000	$	64,407	$	10,593	$	75,000	$	60,000	
Mulch	$	-	$	-	$	-	$	-	$	60,000	
Miscellaneous	$	46,000	$	30,319	$	6,064	$	36,382	$	-	
Fuel	$	1,100	$	570	$	150	$	720	$	1,100	
Irrigation Repairs	$	15,000	$	2,104	$	700	$	2,804	$	15,000	
Capital Reserve - Transfer Out	$	80,000	$	81,800	$	-	$	81,800	$	54,638	
Water Quality Monitoring (ESI)	$	1,700	$	1,700	$	-	$	1,700	$	1,700	
Grounds Maintenance Expenses	$  1,140,980	$	890,310	$  226,987	$ 1,117,297	$ 1,214,638	
						
TOTAL EXPENDITURES	$  2,119,544	$ 1,714,668	$  422,632	$ 2,137,300	$ 2,309,099	
						
EXCESS REVENUES / (EXPENDITURES)	$	-	$	415,398	$ (406,148)	$	9,250	$	-	

REVENUES:

Assessments

The District will levy a non ad-valorem maintenance assessment on all assessable property within the District to fund all Operations & Maintenance Expenditures for the fiscal year.

Interest Income

Maintenance Assessment income of the District will be invested in accordance with Florida Statutes and the investment guidelines approved by the Board of Supervisors.

Miscellaneous Income

Revenue received from access cards, rental fees, miscellaneous deposits from UPS, insurance claims, and the recreation programs revenue.

EXPENDITURES:
Administrative:

Supervisor Fees

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

FICA Expense

FICA expense represents the Employer's (District’s) share of Social Security and Medicare taxes withheld from the fee paid to the Board of Supervisors.

Assessment Roll Administration

Charge to the District for the services of Governmental Management Services, LLC to manage the assessment roll and Lien Books relating to the Series 2017A-1/A-2 bonds.

Engineering Fees

The District's engineering firm, England, Thims & Miller, Inc., will be providing general engineering services to the District, including attendance and preparation for monthly board meetings, review invoices, etc.

Dissemination Fees

The Annual Disclosure Report prepared by Governmental Management Services, LLC required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Vendor	Monthly	Annual	
Governmental Management Services	$	500	$	6,000	
Disclosure Services		$	1,200	
	$	500	$	7,200	

Attorney Fees

General legal services provided by the law firm of Kutak Rock LLP, who provide general legal services to the District, including attendance and preparation for monthly CDD meetings, preparation and review of agreements, resolutions, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with Berger, Toombs, Elam to conduct their annual audit.

Trustee Fees

The District’s Series 2017A-1/A-2 Special Assessment Bonds are held by a Trustee with US Bank. The amount represents the fee for the administration of the District’s bond issue.

Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District’s Series 2017A-1/A- 2 Special Assessment Bonds. The District will contract with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District.

Impact Fee Administration

Charges to the District for the services of Governmental Management Services, LLC to collect St. Johns County Impact Fees on behalf of the District, manage the Series 2006-1 Impact Fee Bonds, and maintain the Series 2006-1 Lien Books.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC.

Information Technology
The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Telephone

Telephone and fax machine charges incurred as an administrative cost. Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc. Printing & Binding
Printing and binding of agenda packages for board meetings, printing of checks, stationary, envelopes etc. Insurance
The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings etc in the St. Augustine Record.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies
Miscellaneous office supplies. 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.

Amenity Center:

Insurance

The District's Property Insurance policy is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. The amount budgeted represents the estimated premium for property insurance related to the Amenity Center.

Repair & Replacements

Represents monies budgeted for repairs and replacements for the District. Recreation Passes
Represents the estimated cost for access cards to the District’s Amenity Center.

Office Supplies
Represents any supplies needed for the operation of the Amenity Center. Permit Fees
Represents permit fees paid to the Department of Health for the swimming pool and fees associated with music licenses at the Amenity Center.

Water & Sewer

JEA provides water and sewer services for the District. The cost of water/sewer associated with the Recreation Facilities:

Account Number	Description	Monthly	Annual	
68155430/86131620	145 S Durbin Pkwy Sewer	$	210	$	2,520	
79200641	145 S Durbin Pkwy Reclaim	$	1,201	$	14,410	
86131620	145 S Durbin Pkwy Water	$	120	$	1,440	
67579848	145 S Durbin Pkwy Water	$	220	$	2,640	
83113743	730 Durbin PY N Sewer	$	200	$	2,400	
68090736	730 Durbin PY N Reclaim	$	548	$	6,575	
85083672	730 Durbin PY N Water	$	200	$	2,400	
83113743	730 Durbin PY N Water	$	120	$	1,440	
	Contingency	$	681	$	8,175	
	Total Amenity Sewer/Water/Reclaim	$	3,500	$	42,000	

Electric

JEA provides for electric services for the District. The cost of electric associated with the Recreation Facilities:

Account Number	Description	Monthly	Annual	
22357510	730 Durbin PY N	$	865	$	10,380	
20335949	145 S Durbin Pkwy	$	2,100	$	25,200	
	Contingency	$	35	$	420	
	Total Amenity Electric	$	3,000	$	36,000	

Website

The fees incurred for maintaining updates for the Durbinliving.com website contracted with Unicorn.

Cable/Internet/Phone

The District will provide cable television services for the Amenity Centers through Comcast.

Account Number	Description	Monthly	Annual	
8495 74 140 1015619	Durbin Crossing South Amenity	$	465	$	5,580	
8495 74 140 0420497	Durbin Crossing South Amenity	$	235	$	2,820	
8495 74 140 1246669	Durbin Crossing North Amenity	$	535	$	6,420	
8496 74 140 1022920	Durbin Crossing North Amenity	$	475	$	5,700	
	Contingency	$	123	$	1,480	
	Total Amenity Cable/internet/Phone	$	1,833	$	22,000	

Security System

Maintenance costs of the security alarms/cameras provided by Atlantic Companies. General Manager
The District is under contract with Vesta Property Services Inc for Management and Administration Services for the Amenity Centers with additional part-time maintenance technician.

Contractor	Monthly	Annual	
Vesta	$	20,132	$	241,582	
Staffing

The District is under contract with Vesta Property Services Inc. This covers the cost of staffing for Facility Attendants, Pool Maintenance, Janitorial Services, Special Events planning, and Facility monitoring.

Lifeguards

The District is under contract with Amenity Services Group and this is the cost to provide pool attendants (lifeguards) during the operating season for the pool.

Contractor	Monthly	Annual	
Vesta	$	6,898	$	82,771	

Refuse Service

Garbage disposal services for the Amenity Centers provided by GFL Environmental.

Pool Chemicals

The District, through Poolsure, is provided chemicals necessary for the maintenance of the Amenity Center swimming pool.

Contractor	Monthly	Annual	
Poolsure	$	2,272	$	27,260	
Contingency	$	145	$	1,740	
	$	2,417	$	29,000	
Special Events

Represents estimated costs for the District to host special events for the community throughout the Fiscal Year.

Holiday Decoration

Represents estimated costs for the District to decorate the Amenity center for the holidays. Pest Control
The District is contracted with Turner Pest Control to provide for pest control services.

Contractor	Monthly	Annual	
Monthly Service	$	567	$	6,800	
Annual Termite Treatment		$	1,200	
	$	567	$	8,000	

Pressure Washing

The cost of pressure washing District facilities (Amenity Center, entryway features, etc.)

Fitness Equipment Maintenance

The cost of maintenance routine and inceptions of District fitness equipment.

Grounds Maintenance:
Electric

The cost of electricity provided by JEA for signage lighting and entry feature lighting for the District.

Account Number	Description	Monthly	Annual	
22840516	101 Castlegate Ln	$	10	$	120	
79442225	104 Durbin PY N	$	32	$	384	
93385371	1049 Longleaf Pine Parkway	$	71	$	852	
99911097	107 Tollerton Ave	$	23	$	276	
89863663	1513 Longleaf Pine Parkway	$	21	$	252	
26895017	16 Cloisterbane Dr Apt LL01	$	8	$	96	
22580514	20 Orchid Way Apt IR01	$	10	$	120	
99911094	2401 St Johns PY APT SG01	$	17	$	204	
13727885	28 Heron Landing Rd Apt SG01	$	11	$	126	
89866912	291 Durbin PY N	$	12	$	144	
99911053	399 Longleaf Pine PY	$	13	$	156	
89863016	501 Saddlestone Dr	$	18	$	216	
22969723	590 N Durbin Pkwy	$	18	$	216	
89863705	694 N Durbin Pkwy	$	18	$	216	
79442208	857 Durbin Py N Apt SG01	$	15	$	180	
89315721	861 Durbin PPY N Apt SG01	$	11	$	132	
14892379	910 Durbin PY N Apt SG01	$	14	$	168	
79447186	94 Staplehurst Dr Apt IR01	$	15	$	180	
79447185	95 Woodcross Dr Apt IR01	$	12	$	144	
22840515	96 Cresthaven Pl	$	15	$	180	
99912413	987 Durbin PY N	$	12	$	144	
89865800	997 Lauriston Dr	$	15	$	180	
	Contingency	$	85	$	1,022	
	Total Common Area Electric	$	476	$	5,708	

Water & Re-Use

Water and re-use water needed for irrigation and maintenance of the common grounds provided by JEA.

Account Number	Description	Monthly	Annual	
64240479	102 Durbin PY N	$	2,622	$	31,458	
70115360	102 Merkland Ct	$	62	$	744	
72360080	1021 Lauriston Dr	$	290	$	3,480	
69877485	104 Harbury Dr	$	135	$	1,620	
66534516	105 S Durbin Pkwy	$	1,169	$	14,028	
70115339	106 Charmed Pl	$	68	$	816	
67386400	109 Islesbrook Pkwy	$	825	$	9,900	
68090726	1090 Durbin PY N	$	3,500	$	42,000	
74704275	116 Averley Wy Apt IR01	$	55	$	660	
74704274	118 Pineta Wy Apt IR01	$	35	$	420	
70115336	124 Weathered Oak Ct	$	30	$	360	
71890295	1244 Leith Hall Dr	$	230	$	2,760	
74704249	126 Cantley Wy Apt IR01	$	100	$	1,200	
73697024	128 Willow Winds Parkway	$	57	$	684	
71890305	1305 Fryston St	$	25	$	300	
71890313	138 Tollerto Ave	$	80	$	960	
71890303	1386 Fryston St	$	250	$	3,000	
68682298	1503 Cullaig Ct.	$	86	$	1,032	
74704273	155 Telford Dr Apt IR01	$	36	$	432	
71890297	158 Castlegate LA	$	35	$	420	
75457834	16 Cloisterbane Dr Aprt LL01	$	235	$	2,820	
71890296	1620 Fenton Av	$	125	$	1,500	
83716990	185 Islesbrook Pkwy	$	255	$	3,060	
85563431	2050 Longleaf Pine Py	$	1,900	$	22,800	
68682232	240 Tollerton Ave	$	500	$	6,000	
81948581	241 Islesbrook Pkwy	$	100	$	1,200	
67862610	265 Willow Winds Pkwy	$	140	$	1,680	
69214857	293 Willow Winds Pkwy	$	40	$	480	
82196245	310 N Glen Laurel Dr	$	40	$	480	
	Total Reuse Water Continued	$	13,025	$	156,294	

Account Number	Description	Monthly	Annual	
	Balance Brought Forward	$	13,025	$	156,294	
69877486	358 Willow Winds PKWY	$	285	$	3,420	
72360078	585 Saddlestone Dr	$	125	$	1,500	
80532666	594 Saddlestone Dr	$	140	$	1,680	
64240486	606 Longleaf PY	$	4,000	$	48,000	
64240480	810 Durbin PY N	$	3,000	$	36,000	
74704276	867 Durbin PY N Apt IR01	$	120	$	1,440	
74704251	868 Durbin PY N Apt IR01	$	100	$	1,200	
67386405	89 Heron Landing Rd Apt IR01	$	700	$	8,400	
68081639	90 Woodcross Dr	$	500	$	6,000	
68081637	91 Staplehurst Dr	$	300	$	3,600	
74704265	912 Durbin PY N Apt IR01	$	85	$	1,020	
64240168	96 Crestheaven Place	$	130	$	1,560	
	Contingency	$	7,074	$	84,886	
	Total Reuse Water	$	29,584	$	355,000	

Street Lighting

The District street lighting cost for the community - the amount is based upon the current tariff in effect with JEA.

Account Number	Description	Monthly	Annual	
70 watt	104 Durbin PY N(70 Watts)	$	1,912	$	22,942	
200 watt	104 Durbin PY N (200 Watts)	$	43	$	512	
70 watts	128 Willow Winds Pkwy	$	497	$	5,961	
28763969	104 Durbin Py N Apt 2	$	11	$	130	
200 watt	145 S Durbin Pkwy	$	597	$	7,168	
70 watt	145 S Durbin Pkwy	$	1,280	$	15,355	
70 watts	145 S Durbin Pkwy	$	677	$	8,129	
70 watts	16 Cloisterbane Dr	$	188	$	2,258	
70 watts	16 Cloisterbane Dr	$	241	$	2,890	
70 watts	89 Heron Landing Rd Apt IR01	$	331	$	3,974	
	Contingency/Additions	$	140	$	1,680	
	Total Streetlighting	$	5,917	$	71,000	

Lake Maintenance

The District is under contract with Solitude Lake Management LLC for the maintenance of the lakes at Durbin Crossing Community Development District.

Contractor	Monthly	Annual	
Solitude Lake Management LLC	$	5,042	$	60,500	
Landscape Maintenance

The District is under contract with a landscape maintenance vendor for maintenance of the common areas in the District.

Contractor	Monthly	Annual	
Yellowstone	$	44,166	$	529,992	

Landscape Contingency

A provision for additional landscape features or for repair of existing landscaping. Mulch
Represents estimated costs for mulch applications around common areas in the District. Fuel
Fuel purchases for maintenance equipment. Irrigation Repairs
The cost of miscellaneous irrigation repairs and maintenance incurred. Capital Reserve – Transfer Out
The District funds a capital reserve to fund the renewal and replacement of District’s capital related facilities that gets transferred to the Capital Reserve Fund.

Water Quality Monitoring

The District will contract with ESI to have conducted water quality monitoring in compliance with Section 18 of the Development Order using guidelines established by the FDEP.

Durbin Crossing Community Development District
Assessment Allocation Chart

Land Use		

#Units	

ERU Factor	

Total ERUs	

Net O&M	
Net O&M Per Unit	FY 2022
Gross Annual Asmnt Per Unit	FY 2023
Gross Annual Asmnt Per Unit	FY 2023
Gross Annual Per Unit Increase	
Increase Precentage	
FY 2023 Gross Assessments	
80'		339	1.53	519.63	$456,843	$1,347.62	$1,330.62	$1,434.53	$103.91	7.81%	$485,990	
70'		319	1.35	431.13	$379,038	$1,188.21	$1,173.22	$1,264.84	$91.62	7.81%	$403,221	
63'		482	1.19	572.94	$503,715	$1,045.05	$1,031.87	$1,112.45	$80.58	7.81%	$535,852	
53'		468	1.00	468.00	$411,452	$879.17	$868.08	$935.87	$67.79	7.81%	$437,703	
43'		206	0.85	175.10	$153,943	$747.30	$737.87	$795.49	$57.62	7.81%	$163,764	
Town Homes		510	0.63	321.30	$282,478	$553.88	$546.89	$589.60	$42.71	7.81%	$300,500	
	Total Residential Units	2,324										

Retail/ Commercial	
99,281	
1.00	
49.64	
$43,642	
$514.21	
$0.44	
$0.47	
$0.03	
5.68%	
$46,427	
Office	70,265	1.00	35.13	$30,887	$514.21	$0.44	$0.47	$0.03	6.82%	$32,858	
Total Commercial Square Footage	169,546										
TOTALS	171,870		2,572.88	$2,261,999							

Total - Gross Assessment	$2,406,314	
Less: Discounts and Collections (6%)		($144,316) 	
Total Net Assessment		$2,261,999 	

13

Durbin Crossing
Community Development District	Debt Service Fund
Series 2017 A-1/A-2 Bonds

	Adopted	Actual YTD	Projected	Projected	Adopted	
Description	FY 2022 Budget	Thru 7/31/22	Next 2 Months	Thru 9/30/22	FY 2023 Budget	

Revenues						

Carry Forward Surplus (1)	
$	772,752	
$	1,000,457	
$	-	
$	1,000,457	
$	740,408	
Assessments	$	3,072,162	$	3,037,341	$	34,822	$	3,072,162	$	3,072,162	
Interest	$	150	$	127	$	55	$	182	$	200	
Total Revenues	$ 3,845,064	$ 4,037,925	$	34,877	$ 4,072,801	$ 3,812,770	

Expenditures						
Series 2017A-1						
Interest 11/1	$	577,491	$	577,391	$	-	$	577,391	$	555,756	
Principal 11/1 (Prepayment )	$	-	$	195,000	$	-	$	195,000	$	-	
Interest 5/1	$	577,491	$	573,747	$	-	$	573,747	$	555,756	
Principal 5/1	$	1,530,000	$	1,515,000	$	-	$	1,515,000	$	1,555,000	
Series 2017A-2						
Interest 11/1	$	103,406	$	103,406	$	-	$	103,406	$	99,881	
Principal 11/1 (Prepayment)	$	-	$	20,000	$	-	$	20,000	$	-	
Interest 5/1	$	103,406	$	102,850	$	-	$	102,850	$	99,881	
Principal 5/1	$	150,000	$	150,000	$	-	$	150,000	$	155,000	
Principal 5/1 (Prepayment)	$	-	$	95,000	$	-	$	95,000	$	-	
Total Expenditures	$ 3,041,794	$ 3,332,394	$	-	$ 3,332,394	$ 3,021,275	
						
EXCESS REVENUES / (EXPENDITURES)	$	803,270	$  705,531	$	34,877	$	740,408	$	791,495	

(1) Carry forward surplus is net of the reserve requirement					

`	
Interest - 11-1-23 (2017A-1)	$535,347	
Interest - 11-1-23 (2017A-2)		$91,819 	
Total		$627,166 	

Durbin Crossing	Amortization Schedule
Community Development District	Series 2017A-1, Special Assessment Refunding Bonds

	DATE				BALANCE				PRINCIPAL				INTEREST				TOTAL		
11/01/22		$	30,010,000		$	-		$	555,756.25		$	2,644,503.13	
05/01/23		$	30,010,000		$	1,555,000.00		$	555,756.25			
11/01/23		$	28,455,000		$	-		$	535,346.88		$	2,646,103.13	
05/01/24		$	28,455,000		$	1,595,000.00		$	535,346.88			
11/01/24		$	26,860,000		$	-		$	513,415.63		$	2,643,762.50	
05/01/25		$	26,860,000		$	1,645,000.00		$	513,415.63			
11/01/25		$	25,215,000		$	-		$	488,740.63		$	2,647,156.25	
05/01/26		$	25,215,000		$	1,695,000.00		$	488,740.63			
11/01/26		$	23,520,000		$	-		$	462,256.25		$	2,645,996.88	
05/01/27		$	23,520,000		$	1,750,000.00		$	462,256.25			
11/01/27		$	21,770,000		$	-		$	433,818.75		$	2,646,075.00	
05/01/28		$	21,770,000		$	1,810,000.00		$	433,818.75			
11/01/28		$	19,960,000		$	-		$	403,275.00		$	2,647,093.75	
05/01/29		$	19,960,000		$	1,870,000.00		$	403,275.00			
11/01/29		$	18,090,000		$	-		$	371,718.75		$	2,644,993.75	
05/01/30		$	18,090,000		$	1,935,000.00		$	371,718.75			
11/01/30		$	16,155,000		$	-		$	337,856.25		$	2,644,575.00	
05/01/31		$	16,155,000		$	1,995,000.00		$	337,856.25			
11/01/31		$	14,160,000		$	-		$	287,981.25		$	2,620,837.50	
05/01/32		$	14,160,000		$	2,095,000.00		$	287,981.25			
11/01/32		$	12,065,000		$	-		$	235,606.25		$	2,618,587.50	
05/01/33		$	12,065,000		$	2,235,000.00		$	235,606.25			
11/01/33		$	9,830,000		$	-		$	193,700.00		$	2,664,306.25	
05/01/34		$	9,830,000		$	2,320,000.00		$	193,700.00			
11/01/34		$	7,510,000		$	-		$	150,200.00		$	2,663,900.00	
05/01/35		$	7,510,000		$	2,405,000.00		$	150,200.00			
11/01/35		$	5,105,000		$	-		$	102,100.00		$	2,657,300.00	
05/01/36		$	5,105,000		$	2,500,000.00		$	102,100.00			
11/01/36		$	2,605,000		$	-		$	52,100.00		$	2,654,200.00	
05/01/37		$	2,605,000		$	2,605,000.00		$	52,100.00		$	2,657,100.00	
11/01/37									
	Total					 $	31,720,000.00 		 $	11,984,868.75 		 $	45,199,868.75 	

Durbin Crossing	Amortization Schedule
Community Development District	Series 2017A-2, Special Assessment Refunding Bonds (Combined)

	DATE				BALANCE				PRINCIPAL				INTEREST				TOTAL		
11/01/22	$	3,535,000	$	95,000.00	$	95,912.50	$	440,793.75	
05/01/23	$	3,440,000	$	155,000.00	$	95,912.50	$	-	
11/01/23	$	3,285,000	$	-	$	91,818.75	$	342,731.25	
05/01/24	$	3,285,000	$	160,000.00	$	91,818.75	$	-	
11/01/24	$	3,125,000	$	-	$	87,600.00	$	339,418.75	
05/01/25	$	3,125,000	$	165,000.00	$	87,600.00	$	-	
11/01/25	$	2,960,000	$	-	$	83,256.25	$	335,856.25	
05/01/26	$	2,960,000	$	180,000.00	$	83,256.25	$	-	
11/01/26	$	2,780,000	$	-	$	78,506.25	$	341,762.50	
05/01/27	$	2,780,000	$	185,000.00	$	78,506.25	$	-	
11/01/27	$	2,595,000	$	-	$	73,631.25	$	337,137.50	
05/01/28	$	2,595,000	$	200,000.00	$	73,631.25	$	-	
11/01/28	$	2,395,000	$	-	$	67,962.50	$	341,593.75	
05/01/29	$	2,395,000	$	215,000.00	$	67,962.50	$	-	
11/01/29	$	2,180,000	$	-	$	61,862.50	$	344,825.00	
05/01/30	$	2,180,000	$	220,000.00	$	61,862.50	$	-	
11/01/30	$	1,960,000	$	-	$	55,625.00	$	337,487.50	
05/01/31	$	1,960,000	$	235,000.00	$	55,625.00	$	-	
11/01/31	$	1,725,000	$	-	$	48,956.25	$	339,581.25	
05/01/32	$	1,725,000	$	245,000.00	$	48,956.25	$	-	
11/01/32	$	1,480,000	$	-	$	42,012.50	$	335,968.75	
05/01/33	$	1,480,000	$	260,000.00	$	42,012.50	$	-	
11/01/33	$	1,220,000	$	-	$	34,637.50	$	336,650.00	
05/01/34	$	1,220,000	$	280,000.00	$	34,637.50	$	-	
11/01/34	$	940,000	$	-	$	26,693.75	$	341,331.25	
05/01/35	$	940,000	$	295,000.00	$	26,693.75	$	-	
11/01/35	$	645,000	$	-	$	18,318.75	$	340,012.50	
05/01/36	$	645,000	$	315,000.00	$	18,318.75	$	-	
11/01/36	$	330,000	$	-	$	9,375.00	$	342,693.75	
05/01/37	$	330,000	$	330,000.00	$	9,375.00	$	339,375.00	
	Total			 $	3,685,000.00 		 $	2,162,050.00 		 $	5,952,293.75 	

Durbin Crossing
Community Development District	Capital Reserve Fund

	Adopted	Actual YTD	Projected	Projected	Adopted	
Description	FY 2022 Budget	Thru 7/31/22	Next 2 Months	Thru 9/30/22	FY 2023 Budget	

Revenues						
Capital Reserve Transfer In	$	80,000	$	81,800	$	-	$	81,800	$	54,638	
Miscellaneous Revenue/Interest Income	$	2,000	$	5,526	$	2,500	$	8,026	$	10,000	
Impact Fees	$	-	$	46,128	$	-	$	46,128	$	-	
Carry Forward Surplus	$	1,388,289	$	1,464,010	$	-	$	1,464,010	$	1,399,322	
Total Revenues	$ 1,470,289	$ 1,597,464	$	2,500	$ 1,599,964	$ 1,463,960	

Expenditures						
Capital Outlay	$	200,000	$	44,322	$	75,000	$	119,322	$	150,000	
Repair and Replacement	$	50,000	$	46,321	$	35,000	$	81,321	$	100,000	
Total Expenditures	$	250,000	$	90,642	$  110,000	$  200,642	$	250,000	
						
EXCESS REVENUES / (EXPENDITURES)	$ 1,220,289	$ 1,506,822	$ (107,500)	$ 1,399,322	$ 1,213,960