Scenic Terrace South
Community Development District

Proposed Budget
FY2025

Table of Contents

1	General Fund	

2-6	

General Fund Narrative	

7	

Debt Service Fund - Series 2022	

8	

Amortization Schedule - Series 2022	

9	

Debt Service Fund - Series 202	

10	

Amortization Schedule - Series 2023	

	Adopted
Budget	Actuals
Thru	Projected
Next	Projected
Thru	Proposed
Budget	
Description	FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	471,325	$	154,362	$	316,963	$	471,325	$	761,255	
Assessments - Direct	$	15,815	$	7,908	$	-	$	7,908	$	-	
Assessments - Lot Closing	$	-	$	15,815	$	-	$	15,815	$	-	
Boundary Amendment Contribution	$	-	$	495	$	-	$	495	$	-	
Contribution from Scenic Terrace North	$	-	$	-	$	-	$	-	$	56,919	
Total Revenues	$	487,141	$	178,580	$	316,963	$	495,543	$	818,173	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	1,600	$	5,000	$	6,600	$	12,000	
Engineering	$	15,000	$	288	$	7,213	$	7,500	$	15,000	
Attorney	$	25,000	$	5,433	$	7,607	$	13,040	$	25,000	
Annual Audit	$	5,000	$	-	$	3,350	$	3,350	$	3,400	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,250	
Arbitrage	$	500	$	450	$	-	$	450	$	900	
Dissemination	$	5,000	$	2,333	$	3,500	$	5,833	$	6,300	
Trustee Fees	$	4,041	$	-	$	4,041	$	4,041	$	8,081	
Management Fees	$	38,955	$	16,231	$	22,724	$	38,955	$	42,500	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,890	
Website Maintenance	$	1,200	$	500	$	700	$	1,200	$	1,260	
Postage & Delivery	$	1,000	$	532	$	464	$	996	$	1,000	
Insurance	$	6,575	$	5,200	$	-	$	5,200	$	5,720	
Copies	$	1,000	$	1	$	50	$	51	$	1,000	
Legal Advertising	$	6,500	$	996	$	3,204	$	4,200	$	3,500	
Contingencies	$	5,300	$	794	$	512	$	1,306	$	3,500	
Office Supplies	$	625	$	7	$	50	$	57	$	250	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	134,671	$	40,291	$	59,463	$	99,754	$	136,726	

Operations & Maintenance						
Field Services						
Property Insurance - Field	$	7,500	$	3,058	$	-	$	3,058	$	5,302	
Field Management	$	15,000	$	-	$	7,500	$	7,500	$	15,000	
Landscape Maintenance	$	75,000	$	2,250	$	35,250	$	37,500	$	125,000	
Landscape Replacement	$	12,500	$	-	$	6,250	$	6,250	$	17,500	
Lake Maintenance	$	15,000	$	-	$	15,750	$	15,750	$	-	
Streetlights	$	30,000	$	-	$	15,000	$	15,000	$	45,000	
Electric	$	5,000	$	3,635	$	5,089	$	8,724	$	15,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	10,000	$	474	$	2,500	$	2,974	$	7,500	
General Repairs & Maintenance	$	15,000	$	-	$	7,500	$	7,500	$	12,500	
Contingency	$	15,000	$	-	$	7,500	$	7,500	$	10,000	
Subtotal Field Expenses	$	202,500	$	9,417	$	103,589	$	113,006	$	255,302	

	Adopted
Budget	Actuals
Thru	Projected
Next	Projected
Thru	Proposed
Budget	
Description	FY2024	2/29/24	7 Months	9/30/24	FY2025	

Amenity Expenses
Property Insurance - Amenity	

$	-	

$	3,058	

$	-	

$	3,058	

$	10,000	
Amenity - Electric	$	15,000	$	-	$	7,500	$	7,500	$	15,000	
Amenity - Water	$	7,500	$	-	$	3,750	$	3,750	$	7,500	
Playground Lease	$	50,000	$	3,132	$	21,921	$	25,053	$	72,600	
Internet	$	3,000	$	-	$	1,500	$	1,500	$	3,000	
Pest Control	$	720	$	-	$	360	$	360	$	720	
Janitorial Service	$	6,550	$	-	$	3,275	$	3,275	$	15,000	
Security Services	$	30,000	$	-	$	15,000	$	15,000	$	33,000	
Pool Maintenance	$	16,200	$	-	$	8,100	$	8,100	$	18,000	
Amenity Repairs & Maintenance	$	10,000	$	-	$	5,000	$	5,000	$	10,000	
Amenity Management	$	6,000	$	-	$	3,000	$	3,000	$	12,500	
Contingency	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
Capital Outlay	$	-	$	63,057	$	-	$	63,057	$	-	
Subtotal Amenity Expenses	$	149,970	$	69,246	$	71,906	$	141,153	$	202,320	
						
Total Operations & Maintenance	$	352,470	$	78,663	$	175,495	$	254,158	$	457,622	

Other Financing Sources/(Uses):						
Capital Reserves	$	-	$	-	$	-	$	-	$	223,825	
Lease Proceeds	$	-	$	134,586	$	-	$	134,586	$	-	
Total Other Financing Sources/(Uses)	$	-	$	134,586	$	-	$	134,586	$	223,825	
						
Total Expenditures	$	487,141	$	(15,633)	$	234,958	$	219,325	$	818,173	
						
Excess Revenues/(Expenditures)	$	-	$	194,213	$	82,005	$	276,218	$	-	
						
Product	Assessable	ERU/Unit	Total ERU's	Net Assessment	Net Per Unit (7%)	Gross Per Unit	
Platted Lots	843	1.00	843.00	$761,254.59	$903.03	$971.00	
Total ERU's	843	843.00	$761,254.59			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, 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, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, 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.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Contingencies

Bank charges and any other miscellaneous expenses incurred during the year.

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.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenses

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenses

Amenity Insurance

The District’s property insurance coverages.

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

Represents the cost of the District leasing playground equipment for the fiscal year.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Janitorial Services
Represents costs to provide janitorial services and supplies for the District’s amenity facilities. Security Services
Represents the cost of contracting a monthly security service for the District’s amenity facilities.
Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Represents the cost of managing the monitoring access to the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Financing Sources/(Uses)

Capital Reserve

Represents projected transfer out to the Capital Projects fund.

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	1,291,372	$	367,605	$	923,767	$	1,291,372	$	1,291,372	
Assessments - Lot Closings	$	-	$	248,192	$	-	$	248,192	$	-	
Interest Income	$	-	$	53,892	$	75,449	$	129,341	$	25,000	
Carry Forward Surplus *	$	506,706	$	3,270,816	$	-	$	3,270,816	$	836,358	
Total Revenues	$	1,798,077	$	3,940,505	$	999,215	$	4,939,720	$	2,152,729	

Expenses						
Interest- 11/01	$	471,572	$	471,572	$	-	$	471,572	$	464,916	
Interest - 02/01	$	-	$	219	$	-	$	219	$	-	
Principal - 05/01	$	355,000	$	-	$	355,000	$	355,000	$	365,000	
Interest - 05/01	$	471,572	$	-	$	471,572	$	471,572	$	464,916	
Special Call - 11/01	$	-	$	2,785,000	$	-	$	2,785,000	$	-	
Special Call - 02/01	$	-	$	20,000	$	-	$	20,000	$	-	
Total Expenditures	$	1,298,144	$	3,276,791	$	826,572	$	4,103,363	$	1,294,831	
						
Excess Revenues/(Expenditures)	$	499,934	$	663,714	$	172,643	$	836,358	$	857,898	

*Carry forward less amount in Reserve funds.						
				Series 2022 Interest - 11/01	
$458,072	
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family - 40'	546	$1,004,297	$1,839.37	$1,977.82		
Single Family - 50'	198	$287,074	$1,449.87	$1,559.00		
Total ERU's	744	$1,291,372				

(1) The per unit and total annual debt assessments reflected in this chart represent payment of full year of principal and interest.
For Fiscal Year 2023 the actual annual debt assessments will be 6 months of interest only.

Scenic Terrace South Community Development District Series 2022 Special Assessment Bonds Amortization Schedule

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/53	$

1,260,000.00  $

-

$	464,915.63	$	1,291,487.50	
$	464,915.63	$	-	
$	458,071.88	$	1,287,987.50	
$	458,071.88	$	-	
$	450,946.88	$	1,289,018.75	
$	450,946.88	$	-	
$	443,540.63	$	2,579,487.50	
$	443,540.63	$	-	
$	435,084.38	$	1,288,625.00	
$	435,084.38	$	-	
$	426,318.75	$	1,286,403.13	
$	426,318.75	$	-	
$	417,140.63	$	1,288,459.38	
$	417,140.63	$	-	
$	407,550.00	$	1,289,690.63	
$	407,550.00	$	-	
$	397,546.88	$	1,290,096.88	
$	397,546.88	$	-	
$	386,184.38	$	1,288,731.25	
$	386,184.38	$	-	
$	374,259.38	$	1,290,443.75	
$	374,259.38	$	-	
$	361,771.88	$	1,291,031.25	
$	361,771.88	$	-	
$	348,721.88	$	1,290,493.75	
$	348,721.88	$	-	
$	335,109.38	$	1,288,831.25	
$	335,109.38	$	-	
$	320,821.88	$	1,290,931.25	
$	320,821.88	$	-	
$	305,971.88	$	1,286,793.75	
$	305,971.88	$	-	
$	290,446.88	$	1,286,418.75	
$	290,446.88	$	-	
$	274,134.38	$	1,289,581.25	
$	274,134.38	$	-	
$	257,034.38	$	1,291,168.75	
$	3,757,921.88	$	-	
$	238,650.00	$	4,791,571.88	
$	238,650.00	$	-	
$	219,456.25	$	1,288,106.25	
$	219,456.25	$	-	
$	199,337.50	$	1,288,793.75	
$	199,337.50	$	-	
$	178,293.75	$	1,287,631.25	
$	178,293.75	$	-	
$	156,209.38	$	1,289,503.13	
$	156,209.38	$	-	
$	133,084.38	$	1,289,293.75	
$	133,084.38	$	-	
$	108,918.75	$	1,287,003.13	
$	108,918.75	$	-	
$	83,596.88	$	1,287,515.63	
$	83,596.88	$	-	
$	57,003.13	$	1,290,600.00	
$	57,003.13	$	-	
$	29,137.50	$	1,291,140.63	
$	29,137.50	$	1,289,137.50	

11/01/24	$	20,730,000.00	$	
05/01/25	$	20,730,000.00	$	365	
11/01/25	#VALUE!	$	

,000.00
-

05/01/26	$	19,590,000.00	$	380	
11/01/26	$	19,590,000.00	$	
05/01/27	$	19,590,000.00	$	395	
11/01/27	$	19,590,000.00	$	1,290	
05/01/28	$	19,590,000.00	$	410	
11/01/28	$	19,180,000.00	$	
05/01/29	$	19,180,000.00	$	425	
11/01/29	$	18,755,000.00	$	
05/01/30	$	18,755,000.00	$	445	
11/01/30	$	17,360,000.00	$	
05/01/31	$	17,360,000.00	$	465	
11/01/31	$	17,360,000.00	$	
05/01/32	$	17,360,000.00	$	485	
11/01/32	$	17,360,000.00	$	
05/01/33	$	17,360,000.00	$	505	
11/01/33	$	16,855,000.00	$	
05/01/34	$	16,855,000.00	$	530	
11/01/34	$	16,325,000.00	$	
05/01/35	$	16,325,000.00	$	555	
11/01/35	$	15,770,000.00	$	
05/01/36	$	15,770,000.00	$	580	
11/01/36	$	15,190,000.00	$	
05/01/37	$	15,190,000.00	$	605	
11/01/37	$	14,585,000.00	$	
05/01/38	$	14,585,000.00	$	635	
11/01/38	$	13,950,000.00	$	
05/01/39	$	13,950,000.00	$	660	
11/01/39	$	13,290,000.00	$	
05/01/40	$	13,290,000.00	$	690	
11/01/40	$	11,115,000.00	$	
05/01/41	$	11,115,000.00	$	725	
11/01/41	$	11,115,000.00	$	
05/01/42	$	11,115,000.00	$	760	
11/01/42	$	11,115,000.00	$	
05/01/43	$	11,115,000.00	$	795	
11/01/43	$	10,320,000.00	$	
05/01/44	$	10,320,000.00	$	830	
11/01/44	$	9,490,000.00	$	
05/01/45	$	9,490,000.00	$	870	
11/01/45	$	8,620,000.00	$	
05/01/46	$	8,620,000.00	$	910	
11/01/46	$	7,710,000.00	$	
05/01/47	$	7,710,000.00	$	955	
11/01/47	$	6,755,000.00	$	
05/01/48	$	6,755,000.00	$	1,000	
11/01/48	$	5,755,000.00	$	
05/01/49	$	5,755,000.00	$	1,045	
11/01/49	$	4,710,000.00	$	
05/01/50	$	4,710,000.00	$	1,095	
11/01/50	$	3,615,000.00	$	
05/01/51	$	3,615,000.00	$	1,150	
11/01/51	$	2,465,000.00	$	
05/01/52	$	2,465,000.00	$	1,205	
11/01/52	$	1,260,000.00	$	

,000.00
-
,000.00
,000.00
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
- 1,260,000.00

$	22,375,000.00  $	21,562,550.00  $	43,937,550.00

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2023

		Proposed Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2024	2/29/24	7 Months	9/30/24	FY2025	

Revenues							

Assessments - Tax Roll	
$	-	$	-	
$	-	$	-	$	172,953	
Assessments - Direct	$	-	$	-	$	168,503	$	168,503	$	-	
Interest Income	$	-	$	2,455	$	1,228	$	3,683	$	-	
Carry Forward Surplus *	$	-	$	-	$	-	$	-	$	172,186	
Total Revenues	$	-	$	2,455	$	169,731	$	172,186	$	345,138	

Expenses
Interest- 11/01 Principal - 11/01 Interest - 05/01	$	-	$	-
$	-	$	-
$	-	$	-	$	-	$	-	$	72,050
$	-	$	-	$	20,000
$	-	$	-	$	71,475	
Total Expenditures	$	-	$	-	$	-	$	-	$	163,525	

Other Financing Sources/(Uses)						
Bond Proceeds	$	-	$	172,950	$	-	$	172,950	$	-	
Total Other Financing Sources/(Uses)	$	-	$	172,950	$	-	$	172,950	$	-	
						
Excess Revenues/(Expenditures)	$	499,934	$	175,405	$	169,731	$	345,136	$	181,613	

*Carry forward less amount in Reserve funds.						
				Series 2023 Principal - 11/01	
$30,000	
				Interest - 11/01	$71,475	
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family	99	$172,953	$1,747.00	$1,878.49		
Total	99	$	172,953				

Scenic Terrace South Community Development District Series 2023 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	2,195,000.00	$	20	
05/01/25	$	2,175,000.00	$	
11/01/25	$	2,175,000.00	$	30	
05/01/26	$	2,145,000.00	$	
11/01/26	$	2,145,000.00	$	30	
05/01/27	$	2,115,000.00	$	
11/01/27	$	2,115,000.00	$	30	
05/01/28	$	2,085,000.00	$	
11/01/28	$	2,085,000.00	$	35	
05/01/29	$	2,050,000.00	$	
11/01/29	$	2,050,000.00	$	35	
05/01/30	$	2,015,000.00	$	
11/01/30	$	2,015,000.00	$	35	
05/01/31	$	1,980,000.00	$	
11/01/31	$	1,980,000.00	$	40	
05/01/32	$	1,940,000.00	$	
11/01/32	$	1,940,000.00	$	40	
05/01/33	$	1,900,000.00	$	
11/01/33	$	1,900,000.00	$	45	
05/01/34	$	1,855,000.00	$	
11/01/34	$	1,855,000.00	$	45	
05/01/35	$	1,810,000.00	$	
11/01/35	$	1,810,000.00	$	50	
05/01/36	$	1,760,000.00	$	
11/01/36	$	1,760,000.00	$	55	
05/01/37	$	1,705,000.00	$	
11/01/37	$	1,705,000.00	$	55	
05/01/38	$	1,650,000.00	$	
11/01/38	$	1,650,000.00	$	60	
05/01/39	$	1,590,000.00	$	
11/01/39	$	1,590,000.00	$	65	
05/01/40	$	1,525,000.00	$	
11/01/40	$	1,525,000.00	$	70	
05/01/41	$	1,455,000.00	$	
11/01/41	$	1,300,000.00	$	75	
05/01/42	$	1,215,000.00	$	
11/01/42	$	1,215,000.00	$	80	
05/01/43	$	1,215,000.00	$	
11/01/43	$	1,215,000.00	$	85	
05/01/44	$	1,215,000.00	$	
11/01/44	$	1,215,000.00	$	90	
05/01/45	$	1,125,000.00	$	
11/01/45	$	1,125,000.00	$	95	
05/01/46	$	1,030,000.00	$	
11/01/46	$	1,030,000.00	$	100	
05/01/47	$	930,000.00	$	
11/01/47	$	930,000.00	$	110	
05/01/48	$	820,000.00	$	
11/01/48	$	820,000.00	$	115	
05/01/49	$	705,000.00	$	
11/01/49	$	705,000.00	$	125	
05/01/50	$	580,000.00	$	
11/01/50	$	580,000.00	$	130	
05/01/51	$	450,000.00	$	
11/01/51	$	450,000.00	$	140	
05/01/52	$	310,000.00	$	
11/01/52	$	310,000.00	$	150	
05/01/53	$	160,000.00	$	
11/01/53	$	160,000.00	$	160	
			$	2,195	

$	72,050.00	$	168,503.06	
$	71,475.00		
$	71,475.00	$	172,950.00	
$	70,612.50		
$	70,612.50	$	171,225.00	
$	69,750.00		
$	69,750.00	$	169,500.00	
$	68,887.50		
$	68,887.50	$	172,775.00	
$	67,881.25		
$	67,881.25	$	170,762.50	
$	66,875.00		
$	66,875.00	$	168,750.00	
$	65,868.75		
$	65,868.75	$	171,737.50	
$	64,568.75		
$	64,568.75	$	169,137.50	
$	63,268.75		
$	63,268.75	$	171,537.50	
$	61,806.25		
$	61,806.25	$	168,612.50	
$	60,343.75		
$	60,343.75	$	170,687.50	
$	58,718.75		
$	58,718.75	$	172,437.50	
$	56,931.25		
$	56,931.25	$	168,862.50	
$	55,143.75		
$	55,143.75	$	170,287.50	
$	53,193.75		
$	53,193.75	$	171,387.50	
$	51,081.25		
$	51,081.25	$	172,162.50	
$	48,806.25		
$	48,806.25	$	172,612.50	
$	46,368.75		
$	46,368.75	$	172,737.50	
$	43,768.75		
$	43,768.75	$	172,537.50	
$	41,006.25		
$	41,006.25	$	172,012.50	
$	37,968.75		
$	37,968.75	$	170,937.50	
$	34,762.50		
$	34,762.50	$	169,525.00	
$	31,387.50		
$	31,387.50	$	172,775.00	
$	27,675.00		
$	27,675.00	$	170,350.00	
$	23,793.75		
$	23,793.75	$	172,587.50	
$	19,575.00		
$	19,575.00	$	169,150.00	
$	15,187.50		
$	15,187.50	$	170,375.00	
$	10,462.50		
$	10,462.50	$	170,925.00	
$	5,400.00		
$	5,400.00	$	170,800.00	

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-
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-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
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,000.00  $

2,933,640.56  $

5,128,640.56