Adopted Budget	
Fiscal Year 2023	

Sawyer's Landing	
Community Development District	

April 27, 2022

Prepared by:

Sawyer's Landing	
Community Development District	

FY2023	
Adopted
Budget	

Revenues	
Parking Garage Fees/Developer Contributions	
1) Carry Forward - Capitalized Interest	

$86,225	
$3,749,306	

(

Total Revenues	$3,835,531

Expenditures

Administrative	
Engineering	
Arbitrage	
Dissemination	
Attorney	
Annual Audit	
Trustee Fees	
Management Fees	
Website Compliance	
Postage	
Printing & Binding	
Insurance	
Legal Advertising	
Other Current Charges	
Dues, Licenses & Subscriptions	

$8,000	
$600	
$2,500	
$15,000	
$12,500	
$6,000	
$25,000	
$1,500	
$750	
$1,000	
$10,000	
$2,500	
$700	
$175	

Total Administrative	$86,225

Debt Service	
Series 2021	
Interest Expense - 11/01	
Interest Expense - 05/01	
Principal Expense - 05/01	

$1,823,978	
$1,823,978	
$0	

Total Debt Service	$3,749,306

Excess Revenues/Expenditures	 	$0 

(1)	Serries 2021 bonds has Capitalized Interest on account with the Trustee through May 2024	

Page 1

Series 2021 Special Assessment Revenue Bonds	
Amortization Schedule	
2026 Maturity	

 	DATE	

1-Nov-21	
1-May-22	
1-Nov-22	
1-May-23	
1-Nov-23	
1-May-24	
1-Nov-24	
1-May-25	
1-Nov-25	
1-May-26	

 	RATE		 INTEREST	 	PRINCIPAL		 	TOTAL	

PRINCIPAL	
 	BALANCE		

$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$3,365,000.00	
$1,710,000.00	
$1,710,000.00	

3.250%	
3.250%	
3.250%	
3.250%	
3.250%	
3.250%	
3.250%	
3.250%	
3.250%	
3.250%	

$31,700.74	
$54,681.25	
$54,681.25	
$54,681.25	
$54,681.25	
$54,681.25	
$54,681.25	
$54,681.25	
$27,787.50	
$27,787.50	

$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$1,655,000.00	
$0.00	
$1,710,000.00	

$86,381.99

$109,362.50

$109,362.50

$1,765,575.00	
 	$3,835,044.49 	

$1,764,362.50

 	Total		 $470,044.49	 	$3,365,000.00 

Series 2021 Special Assessment Revenue Bonds	
Amortization Schedule	
2031 Maturity	

 	DATE	

1-Nov-21	
1-May-22	
1-Nov-22	
1-May-23	
1-Nov-23	
1-May-24	
1-Nov-24	
1-May-25	
1-Nov-25	
1-May-26	
1-Nov-26	
1-May-27	
1-Nov-27	
1-May-28	
1-Nov-28	
1-May-29	
1-Nov-29	
1-May-30	
1-Nov-30	
1-May-31	

 	RATE		 INTEREST		 	PRINCIPAL		 	TOTAL	

PRINCIPAL	
 	BALANCE		

$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$9,565,000.00	
$7,795,000.00	
$7,795,000.00	
$5,955,000.00	
$5,955,000.00	
$4,045,000.00	
$4,045,000.00	
$2,060,000.00	
$2,060,000.00	

3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	
3.750%	

$87,177.03	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$179,343.75	
$146,156.25	
$146,156.25	
$111,656.25	
$111,656.25	
$75,843.75	
$75,843.75	
$38,625.00	
$38,625.00	

$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$1,770,000.00	
$0.00	
$1,840,000.00	
$0.00	
$1,910,000.00	
$0.00	
$1,985,000.00	
$0.00	
$2,060,000.00	

$266,520.78

$358,687.50

$358,687.50

$358,687.50

$358,687.50

$2,128,687.50

$2,132,312.50

$2,133,312.50

$2,136,687.50

$2,137,250.00	
 	$0.00 	
 	$12,369,520.78 	

 		 	
 	Total		 $2,804,520.78	 $9,565,000.00 

Series 2021 Special Assessment Revenue Bonds	
Amortization Schedule	
2041 Maturity	

 	DATE	

1-Nov-21	
1-May-22	
1-Nov-22	
1-May-23	
1-Nov-23	
1-May-24	
1-Nov-24	
1-May-25	
1-Nov-25	
1-May-26	
1-Nov-26	
1-May-27	
1-Nov-27	
1-May-28	
1-Nov-28	
1-May-29	
1-Nov-29	
1-May-30	
1-Nov-30	
1-May-31	
1-Nov-31	
1-May-32	
1-Nov-32	
1-May-33	
1-Nov-33	
1-May-34	
1-Nov-34	
1-May-35	
1-Nov-35	
1-May-36	
1-Nov-36	
1-May-37	
1-Nov-37	
1-May-38	
1-Nov-38	
1-May-39	
1-Nov-39	
1-May-40	
1-Nov-40	
1-May-41	

     RATE	 	INTEREST		 	PRINCIPAL		 	TOTAL	

PRINCIPAL	
 	BALANCE		

$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$25,965,000.00	
$23,825,000.00	
$23,825,000.00	
$21,595,000.00	
$21,595,000.00	
$19,270,000.00	
$19,270,000.00	
$16,845,000.00	
$16,845,000.00	
$14,320,000.00	
$14,320,000.00	
$11,690,000.00	
$11,690,000.00	
$8,945,000.00	
$8,945,000.00	
$6,085,000.00	
$6,085,000.00	
$3,105,000.00	
$3,105,000.00	

4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	
4.125%	

$237,755.55	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$535,528.13	
$491,390.63	
$491,390.63	
$445,396.88	
$445,396.88	
$397,443.75	
$397,443.75	
$347,428.13	
$347,428.13	
$295,350.00	
$295,350.00	
$241,106.25	
$241,106.25	
$184,490.63	
$184,490.63	
$125,503.13	
$125,503.13	
$64,040.63	
$64,040.63	

$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$2,140,000.00	
$0.00	
$2,230,000.00	
$0.00	
$2,325,000.00	
$0.00	
$2,425,000.00	
$0.00	
$2,525,000.00	
$0.00	
$2,630,000.00	
$0.00	
$2,745,000.00	
$0.00	
$2,860,000.00	
$0.00	
$2,980,000.00	
$0.00	
$3,105,000.00	

$773,283.67

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$1,071,056.25

$3,211,056.25

$3,212,781.25

$3,215,793.75

$3,219,887.50

$3,219,856.25

$3,220,700.00

$3,227,212.50

$3,228,981.25

$3,231,006.25

$3,233,081.25

      Total		 	$6,255,356.25	 $25,965,000.00	 	$32,220,356.25 

Sawyer's Landing	
Community Development District	

Series 2021 Special Assessment Revenue Bonds	
Amortization Schedule	
2053 Maturity	

      DATE	

1-Nov-21	
1-May-22	
1-Nov-22	
1-May-23	
1-Nov-23	
1-May-24	
1-Nov-24	
1-May-25	
1-Nov-25	
1-May-26	
1-Nov-26	
1-May-27	
1-Nov-27	
1-May-28	
1-Nov-28	
1-May-29	
1-Nov-29	
1-May-30	
1-Nov-30	
1-May-31	
1-Nov-31	
1-May-32	
1-Nov-32	
1-May-33	
1-Nov-33	
1-May-34	
1-Nov-34	
1-May-35	
1-Nov-35	
1-May-36	
1-Nov-36	
1-May-37	
1-Nov-37	
1-May-38	
1-Nov-38	
1-May-39	
1-Nov-39	
1-May-40	
1-Nov-40	
1-May-41	
1-Nov-41	
1-May-42	
1-Nov-42	
1-May-43	
1-Nov-43	
1-May-44	
1-Nov-44	
1-May-45	
1-Nov-45	
1-May-46	
1-Nov-46	
1-May-47	
4-Nov-48	
1-May-48	
1-Nov-48	
1-May-49	
1-Nov-49	
1-May-50	
1-Nov-50	
1-May-51	
1-Nov-51	
1-May-52	
1-Nov-52	
1-May-53	

 	RATE		 	INTEREST		 	PRINCIPAL		 	TOTAL	

PRINCIPAL	
 	BALANCE		

$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$49,620,000.00	
$46,385,000.00	
$46,385,000.00	
$43,005,000.00	
$43,005,000.00	
$39,480,000.00	
$39,480,000.00	
$35,800,000.00	
$35,800,000.00	
$31,960,000.00	
$31,960,000.00	
$27,955,000.00	
$27,955,000.00	
$23,775,000.00	
$23,775,000.00	
$19,415,000.00	
$19,415,000.00	
$14,865,000.00	
$14,865,000.00	
$10,120,000.00	
$10,120,000.00	
$5,165,000.00	
$5,165,000.00	

4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	
4.250%	

$443,890.41	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$1,054,425.00	
$985,681.25	
$985,681.25	
$913,856.25	
$913,856.25	
$838,950.00	
$838,950.00	
$760,750.00	
$760,750.00	
$679,150.00	
$679,150.00	
$594,043.75	
$594,043.75	
$505,218.75	
$505,218.75	
$412,568.75	
$412,568.75	
$315,881.25	
$315,881.25	
$215,050.00	
$215,050.00	
$109,756.25	
$109,756.25	

$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$3,235,000.00	
$0.00	
$3,380,000.00	
$0.00	
$3,525,000.00	
$0.00	
$3,680,000.00	
$0.00	
$3,840,000.00	
$0.00	
$4,005,000.00	
$0.00	
$4,180,000.00	
$0.00	
$4,360,000.00	
$0.00	
$4,550,000.00	
$0.00	
$4,745,000.00	
$0.00	
$4,955,000.00	
$0.00	
$5,165,000.00	

$1,498,315.41

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$2,108,850.00

$5,343,850.00

$5,351,362.50

$5,352,712.50

$5,357,900.00

$5,361,500.00

$5,363,300.00

$5,368,087.50

$5,370,437.50

$5,375,137.50

$5,376,762.50

$5,385,100.00

$5,384,512.50

 	Total		 	$56,337,127.91 	 	$49,620,000.00 	 	$105,957,127.91 	
	Page 5			

Series 2021 Special Assessment Revenue Bonds	
Amortization Schedule	
Summary	

Sawyer's Landing
Community Development District

 	DATE	

1-Nov-21	
1-May-22	
1-Nov-22	
1-May-23	
1-Nov-23	
1-May-24	
1-Nov-24	
1-May-25	
1-Nov-25	
1-May-26	
1-Nov-26	
1-May-27	
1-Nov-27	
1-May-28	
1-Nov-28	
1-May-29	
1-Nov-29	
1-May-30	
1-Nov-30	
1-May-31	
1-Nov-31	
1-May-32	
1-Nov-32	
1-May-33	
1-Nov-33	
1-May-34	
1-Nov-34	
1-May-35	
1-Nov-35	
1-May-36	
1-Nov-36	
1-May-37	
1-Nov-37	
1-May-38	
1-Nov-38	
1-May-39	
1-Nov-39	
1-May-40	
1-Nov-40	
1-May-41	
1-Nov-41	
1-May-42	
1-Nov-42	
1-May-43	
1-Nov-43	
1-May-44	
1-Nov-44	
1-May-45	
1-Nov-45	
1-May-46	
1-Nov-46	
1-May-47	
4-Nov-48	
1-May-48	
1-Nov-48	
1-May-49	
1-Nov-49	
1-May-50	
1-Nov-50	
1-May-51	
1-Nov-51	
1-May-52	
1-Nov-52	
1-May-53	

 	INTEREST		 	PRINCIPAL		 	TOTAL	

PRINCIPAL	
 	BALANCE		

$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$88,515,000.00	
$86,860,000.00	
$86,860,000.00	
$85,150,000.00	
$85,150,000.00	
$83,380,000.00	
$83,380,000.00	
$81,540,000.00	
$81,540,000.00	
$79,630,000.00	
$79,630,000.00	
$77,645,000.00	
$77,645,000.00	
$75,585,000.00	
$75,585,000.00	
$73,445,000.00	
$73,445,000.00	
$71,215,000.00	
$71,215,000.00	
$68,890,000.00	
$68,890,000.00	
$66,465,000.00	
$66,465,000.00	
$63,940,000.00	
$63,940,000.00	
$61,310,000.00	
$61,310,000.00	
$58,565,000.00	
$58,565,000.00	
$55,705,000.00	
$55,705,000.00	
$52,725,000.00	
$52,725,000.00	
$49,620,000.00	
$49,620,000.00	
$46,385,000.00	
$46,385,000.00	
$43,005,000.00	
$43,005,000.00	
$39,480,000.00	
$39,480,000.00	
$35,800,000.00	
$35,800,000.00	
$31,960,000.00	
$31,960,000.00	
$27,955,000.00	
$27,955,000.00	
$23,775,000.00	
$23,775,000.00	
$19,415,000.00	
$19,415,000.00	
$14,865,000.00	
$14,865,000.00	
$10,120,000.00	
$10,120,000.00	
$5,165,000.00	
$5,165,000.00	

$800,523.73	
$1,823,978.13	
$1,823,978.13	
$1,823,978.13	
$1,823,978.13	
$1,823,978.13	
$1,823,978.13	
$1,823,978.13	
$1,797,084.38	
$1,797,084.38	
$1,769,296.88	
$1,769,296.88	
$1,736,109.38	
$1,736,109.38	
$1,701,609.38	
$1,701,609.38	
$1,665,796.88	
$1,665,796.88	
$1,628,578.13	
$1,628,578.13	
$1,589,953.13	
$1,589,953.13	
$1,545,815.63	
$1,545,815.63	
$1,499,821.88	
$1,499,821.88	
$1,451,868.75	
$1,451,868.75	
$1,401,853.13	
$1,401,853.13	
$1,349,775.00	
$1,349,775.00	
$1,295,531.25	
$1,295,531.25	
$1,238,915.63	
$1,238,915.63	
$1,179,928.13	
$1,179,928.13	
$1,118,465.63	
$1,118,465.63	
$1,054,425.00	
$1,054,425.00	
$985,681.25	
$985,681.25	
$913,856.25	
$913,856.25	
$838,950.00	
$838,950.00	
$760,750.00	
$760,750.00	
$679,150.00	
$679,150.00	
$594,043.75	
$594,043.75	
$505,218.75	
$505,218.75	
$412,568.75	
$412,568.75	
$315,881.25	
$315,881.25	
$215,050.00	
$215,050.00	
$109,756.25	
$109,756.25	

$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$0.00	
$1,655,000.00	
$0.00	
$1,710,000.00	
$0.00	
$1,770,000.00	
$0.00	
$1,840,000.00	
$0.00	
$1,910,000.00	
$0.00	
$1,985,000.00	
$0.00	
$2,060,000.00	
$0.00	
$2,140,000.00	
$0.00	
$2,230,000.00	
$0.00	
$2,325,000.00	
$0.00	
$2,425,000.00	
$0.00	
$2,525,000.00	
$0.00	
$2,630,000.00	
$0.00	
$2,745,000.00	
$0.00	
$2,860,000.00	
$0.00	
$2,980,000.00	
$0.00	
$3,105,000.00	
$0.00	
$3,235,000.00	
$0.00	
$3,380,000.00	
$0.00	
$3,525,000.00	
$0.00	
$3,680,000.00	
$0.00	
$3,840,000.00	
$0.00	
$4,005,000.00	
$0.00	
$4,180,000.00	
$0.00	
$4,360,000.00	
$0.00	
$4,550,000.00	
$0.00	
$4,745,000.00	
$0.00	
$4,955,000.00	
$0.00	
$5,165,000.00	

$2,624,501.86

$3,647,956.25

$3,647,956.25

$5,302,956.25

$5,304,168.75

$5,308,593.75

$5,312,218.75

$5,313,218.75

$5,316,593.75

$5,317,156.25

$5,319,906.25

$5,321,631.25

$5,324,643.75

$5,328,737.50

$5,328,706.25

$5,329,550.00

$5,336,062.50

$5,337,831.25

$5,339,856.25

$5,341,931.25

$5,343,850.00

$5,351,362.50

$4,438,856.25

$5,357,900.00

$5,361,500.00

$5,363,300.00

$5,368,087.50

$5,370,437.50

$5,375,137.50

$5,376,762.50

$5,385,100.00

$5,384,512.50

 	$76,279,839.36 	 	$88,515,000.00 	 	$163,880,983.11 	
Page 6			

REVENUES:

Developer Contributions/Parking Garage Revenue
The District has entered into a Funding Agreement with the Developer to Fund all General Fund expenditures for the Fiscal Year.

Carry Forward – Capitalized Interest
Upon the issuance of the Serie2021 bonds, the Trustee has on deposit funds to cover Interest Expense through May 2024.

EXPENDITURES:

Administrative:

Engineering Fees
The District's engineer will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.

Arbitrage Rebate
The District is required to have an annual arbitrage rebate calculation on the District’s Bonds. The District will contract with an independent auditing firm to perform the calculations.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Attorney Fees
The District's legal counsel will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.

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

Website Administration
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

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

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.

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

Administrative: (continued)

Other Current Charges
Bank charges and any other miscellaneous expenses that incurred during the year.

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

ebt Service:
The District issued $88,515,000 of Series 2021 Special Assessment Revenue Bonds. The following is the annual principal and interest expense due on these bonds for the next fiscal year:

Interest Expense – 11/1/22	$1,823,978.13	
Principal Expense – 05/01/23	$1,823,978.13	
Interest Expense – 05/01/23	$	0.00	
Total	$3,647,956.26