Author: Oksana Kuzmuk

Durbin Crossing Community Development District
General Fund Budget FY 2022

Durbin Crossing
Community Development District
GENERAL FUND BUDGET FY 2023

Durbin Crossing

Community Development District

Page 3-12

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Page 14-15
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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 | | Thru | Next 2 | | FY 2023
Budget | | 7/31/22 | Months	Thru 9/30/22 | 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

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

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