Proposed Budget
Fiscal Year 2022

Verano #2 Community Development District

May 27, 2021

Verano #2
Community Development District

TABLE OF CONTENTS

General Fund Budget
Budget Narrative

Page 1 -2
Page 3 -5

Debt Service Fund Series 2017 Budget
Amortization Schedule Series 2020
Budget
Amortization Schedule

Page 6 - 8
Page 9 - 11

Page 12 - 13
Page 14 - 16

Verano #2
Community Development District

General Fund

Adopted Budget
     FY 2021	

Actual Thru
   4/30/2021 

Projected Next
    5 Months 

Total Projected
   9/30/2021 

Proposed Budget
     FY 2022	

 Description	

Revenues

Developer Assessment Miscellaneous Revenues

$0
$0

$0
$12

$0
$0

$0
$12

$0
$0

TOTAL REVENUES

 	$0 

 	$12 

 	$0 

 	$12 

 	$0 

Expenditures

Administrative
Annual Audit
Arbitrage Rebate Calculation Trustee Fees
Dissemination Agent Management Fees Other Current Charges
Dues, Licenses & Subscriptions Website Compliance
TOTAL ADMINISTRATIVE

$5,000
$6,600
$19,150
$2,500
$16,000
$550
$175
 	$750 
 	$50,725

$0
$2,750
$19,072
$2,458
$9,333
$206
$175
 	$438 
 	$34,432 

$3,575
$550
$0
$1,042
$6,667
$288
$0
 	$313 
 	$12,434 

$3,575
$3,300
$19,072
$3,500
$16,000
$494
$175
 	$750 
 	$46,866

$3,575
$3,300
$19,150
$2,500
$30,000
$1,800
$175
 	$750 
 	$61,250 

Pod C Cross Town:
Field Maintenance Field Management Property Insurance Electric Utility Services Irriation Utility Services Lake Maintenance Midge Control Landscape Maintenance Pest Control
Entry & Walls Maintenance Plant Replacement Irrigation Maintenance Irrigation Water Monitoring Pump System Maintenance Street Sweeping
Roadways Repairs & Maintenance Pressure Cleaning
Contingency
TOTAL FIELD MAINTENANCE

$24,000
$8,885
$24,000
$0
$24,000
$8,000
$132,000
$0
$4,000
$12,000
$12,000
$0
$0
$7,800
$0
$0
 	$1,427 
 	$258,112 

$0
$0
$8,045
$0
$0
$0
$16,288
$3,025
$0
$0
$2,095
$0
$2,590
$4,350
$0
$0
 	$1,650 
 	$38,042 

$5,000
$0
$16,000
$1,250
$0
$4,000
$16,850
$2,275
$2,857
$8,571
$9,905
$0
$0
$3,450
$0
$0
 	$0 
 	$70,159 

$5,000
$0
$24,045
$1,250
$0
$4,000
$33,138
$5,300
$2,857
$8,571
$12,000
$0
$2,590
$7,800
$0
$0
 	$1,650 
 	$108,201 

$12,000
$5,000
$24,000
$3,000
$0
$4,000
$78,440
$5,830
$4,000
$12,000
$10,800
$1,200
$6,000
$7,800
$10,000
$5,000
 	$10,000 
 	$199,070 

Amenity Center Maintenance Amentity Center Management Clubhouse Maintenance Access Control Telephone/Internet
Electric Utility Services Water Utility Services Property Insurance Pool Maintenance

$0
$32,000
$0
$3,600
$30,000
$6,000
$24,000
$20,000

$0
$0
$100
$0
$0
$0
$4,824
Page 1 $5,610

$5,000
$13,333
$1,250
$1,500
$12,500
$2,500
$0
$14,000

$5,000
$13,333
$1,350
$1,500
$12,500
$2,500
$4,824
$19,610

$12,000
$20,000
$2,000
$3,600
$30,000
$3,000
$9,732
$20,000

Verano #2
Community Development District

General Fund

Adopted Budget
     FY 2021	

Actual Thru
   4/30/2021 

Projected Next
    5 Months 

Total Projected
   9/30/2021 

Proposed Budget
     FY 2022	

 Description	

Amenity Center Maintenance (continued)
Landscape Maintenance Pest Control
Janitorial Services/Supplies A/C Maintenance
Trash Collection Pressure Cleaning Contingency

$0
$0
$24,000
$0
$5,000
$0
 	$6,857 

$1,290
$589
$3,360
$0
$0
$0
 	$0 
 	$15,773 

$3,225
$1,198
$9,800
$227
$2,083
$0
 	$6,857 
 	$73,473 

$4,515
$1,787
$13,160
$227
$2,083
$0
 	$6,857 
 	$89,246

$12,740
$2,204
$27,480
$227
$1,000
$5,000
 	$10,000 
 	$158,983 

TOTAL AMENITY CENTER MAINTENANCE 	$151,457 

TOTAL EXPENDITURES

 	$460,294 

 	$88,247 

 	$156,066 

 	$244,314 

 	$419,303 

Other Financing Sources/(Uses)

Intergovernmental Transfer (1)

$460,294

$261,106

$348

$261,454

$419,303

Total Other Financing Sources/(Uses)

 	$460,294 

 	$261,106 

 	$348 

 	$261,454 

 	$419,303 

NET CHANGE IN FUND BALANCE

 	$0 

$172,871

($155,718)

$17,152

$0

(1) Transfers received from Verano #5

Page 2

FY 2022

increase/ (decrease)

($131.13)

($131.13)

$0.00

$0.00

FY 2022

Pod C Specific

Total

$911.45

$1,048.15

$911.45

$1,068.66

$911.45

$0.00

$911.45

$0.00

FY2021 / 2022

FY 2021

Description

All Areas

Pod C Specific

Total

40' Single Family

$136.70

$1,042.58

$1,179.28

50' Single Family

$157.21

$1,042.58

$1,199.79

60' Single Family

$181.81

$1,042.58

$0.00

Manor/Duplex

$121.66

$1,042.58

$0.00

Pod C specific assessments

Net Discount& Collections 8% Gross Assessment
Units
Per Unit (gross)

$358,053.00 ($31,135.04)

$389,188.04

427
$911.45

VERANO #2
Community Development District

REVENUES:

Developer Assessments/ Intergovernmental Transfer
The District will levy a non-ad valorem maintenance assessment on the developable property within the District to fund the operating budget. The District will receive fund transfers from Verano #5 CDD for General Operating Expenditures.

EXPENDITURES:

Administrative:

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

Arbitrage Rebate Calculation
The District is required to annually have an arbitrage rebate calculation on the Verano #2 District's Series 2017A and Series 2020 Special Assessment Bonds. The Verano #2 has contracted with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District.

Trustee Fees
The District issued Series 2017A and Series 2020 Community Infrastructure Special Assessment Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees budgeted is based on the agreement between US Bank and the Verano #2 District.

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.

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

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.

Website Compliance
Per Section 189.069 F. S, all Districts must have a website by October 1, 2015 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 as required by the Statute.

Field Maintenance

Field Management
The district has contracted Lang Management to manage to manage the common area. The responsibilities include reviewing contracts and other maintenance related items.

Property Insurance
The District will bind infrastructure property Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.

Electric Utility Services
The District pays FPL for entry wall and irrigation pumps and streetlights.

Irrigation Utility Services
Water usage for irrigation

Page 3

VERANO #2
Community Development District

Field Maintenance (continued)

Midge Control
Costs for midge control of district’s lakes.

Landscape Maintenance
The district contracted Impact Landscaping & Irrigation LLC to service the common area of Cross Town. Mulch will be a separate cost.

Pest Control
The district contracted NativeGreen Pest Control & Fertilization, LLC to service IPM, fertilization scrubs and trees and fire ants.

Entry & Walls Maintenance
Costs to maintain walls of the district.

Plant Replacement
Costs to replace plants of the common area Cross Town.

Irrigation Maintenance
Impact Landscaping is maintaining the irrigation system.

Irrigation Water Monitoring
Cost to monitor the common area clocks.

Pump System maintenance
The district has an agreement with Hoover to maintain the pump system.

Street Sweeping
The district contracted Facilities Pro Sweep to sweep the road in Cross Town.

Roadways Repairs & Maintenance
Cost to maintain and repair the common area roads.

Pressure Cleaning
Cost to pressure clean infrastructure of common area.

Contingency
To cover any other costs not mentioned.

Amenity Center Maintenance

Amenity Center Management
The district has contracted Lang Management to manage to manage the Amenity Center. The responsibilities include reviewing contracts and other maintenance related items.

Clubhouse Maintenance
The district has contracted Lang Management to manage the Clubhouse.

Access Control
The district will contract ADT for access control service.

Telephone/Internet
Costs for phone and internet at the Amenity Center.

Electric Utility Services
Costs for electric for Amenity Center and surrounding.

Water Utility Services
Costs for water and waste at amenity center.

Page 4

VERANO #2
Community Development District

Amenity Center Maintenance (continued)

Property Insurance
The District will bind Amenity Center Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.

Pool Maintenance
The district has an agreement with Gordon Sandy to maintain the community pool.

Landscape Maintenance
The district contracted Impact Landscaping & Irrigation LLC to service the amenity area of Cross Town. Mulch will be a separate cost.

Pest Control
The district contracted NativeGreen Pest Control & Fertilization, LLC to service IPM, fertilization scrubs and trees and fire ants.

Janitorial Services/Supplies
The district has an agreement with Charles Cleaning to clean the Amenity Center.

A/C Maintenance
The district contracted Preferred Air Conditioning to maintain the A/C systems.

Trash Collection
Costs to collect the trash at Amenity Center.

Pressure Cleaning
Cost to pressure clean amenity center and surrounding.

Contingency
To cover any other costs not mentioned.

Page 5

Verano #2
Community Development District

Debt Service Fund
Series 2017 Special Assessment Bonds

Adopted Budget
     FY 2021	

Actual Thru
   4/30/2021 

Projected Next
    5 Months 

Total Projected
   9/30/2021 

Proposed Budget
     FY 2022	

 Description	

Revenues

Carry Forward Surplus (1)
Special Assessments-Pod A-On Roll Special Assessments-Pod B-On Roll Special Assessments-Pod C-On Roll Special Assessments-Pod A-Direct Bill Special Assessments-Pod B-Direct Bill Special Assessments-Pod C-Direct Bill Special Assessments-Pod C-Prepayments Interest Income

$1,134,168
$228,902
$88,938
$211,001
$111,370
$187,357
$2,000
$0
$5,000

$1,852,078
$229,253
$89,074
$211,332
$74,570
$0
$3,583
$829,600
$287

$0
$380
$148
$350
$36,801
$187,369
$6,157
$0
$50

$1,852,078
$229,632
$89,222
$211,682
$111,371
$187,369
$9,740
$829,600
$337

$573,643
$303,472
$88,938
$211,001
$36,800
$187,357
$3,640
$0
$0

TOTAL REVENUES

   $1,968,736 

   $3,289,777 

 	$231,254 

   $3,521,032 

   $1,404,850 

Expenditures

Series 2017 - Pod A Interest - 11/01 Principal - 11/01 Interest - 05/01

$124,541
$95,000
$122,819

$124,541
$95,000
$0

$0
$0
$122,819

$124,541
$95,000
$122,819

$122,819
$95,000
$121,097

Series 2017 - Pod B Interest - 11/01 Principal - 11/01 Interest - 05/01

$98,269
$75,000
$96,909

$98,269
$75,000
$0

$0
$0
$96,909

$98,269
$75,000
$96,909

$96,909
$75,000
$95,550

Series 2017 - Pod C Interest - 11/01 Principal - 11/01 Special Call - 11/01 Special Call - 02/01 Interest - 02/01 Interest - 05/01 Special Call - 05/01

$126,259
$95,000
$0
$0
$0
$124,478
$0

$126,259
$95,000
$1,095,000
$715,000
$8,845
$0
$0

$0
$0
$0
$0
$0
$79,747
$215,000

$126,259
$95,000
$1,095,000
$715,000
$8,845
$79,747
$215,000

$74,613
$30,000
$0
$0
$0
$74,050
$0

TOTAL EXPENDITURES

 	$958,275 

   $2,432,913 

 	$514,476 

   $2,947,389 

 	$785,038 

EXCESS REVENUES/EXPENDITURES

   $1,010,461 

 	$856,864 

    ($283,221)

 	$573,643 

 	$619,813 

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

Pod A Principal - 11/1/22
Interest - 11/1/22 Pod B Principal - 11/1/22
Interest - 11/1/22 Pod C Principal - 11/1/22
Interest - 11/1/22
Total

$100,000
$121,097
$80,000
$95,550
$55,000
 	$74,050
 	$525,697

Page 6

Verano #2
Community Development District

Debt Service Fund
Series 2017 Special Assessment Bonds

Verano #2 Pod B Series 2017

Verano #2 Pod B Series 2017

Page 7

Description	Direct Billed	Amount Units	per unit*

Total Direct Billed

Duplex 40's
50's
60's

40	$923.65
45	$1,037.80
30	$1,193.48
 	61		$1,380.28
176	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$36,946.00
$46,701.00
$35,804.40
$84,197.08

Total Residential

$203,648.48 ($16,291.88)

$187,356.60

Description	On Roll		Amount		Total per unit*	On Roll

50's	 	81		 $1,193.48	
Total Residential	81		Gross Assessm. Less: Discount & Collections 8%
Net Assessments

$96,671.88

$96,671.88 ($7,733.75)

$88,938.13

Verano #2 Pod A - Series 2017

Description	Direct Billed	Amount Units	per unit*

Total Direct Billed

Duplex 40's
50's
60's
80's

2	$1,046.69
2	$1,176.09
18	$1,353.26
6	$1,564.13
 	1		 $1,811.20	
29	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$2,093.38
$2,352.18
$24,358.68
$9,384.78
$1,811.20

Total Residential

$40,000.22 ($3,200.02)

$36,800.20

Verano #2 Pod A - Series 2017

Description	On Roll		Amount		Total per unit*	On Roll

40's
50's
60's

23	$1,176.09
92	$1,353.26
 	114		 $1,564.13	
229	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$27,050.07
$124,499.92
$178,310.82

Total Residential

$329,860.81 ($26,388.86)

$303,471.95

AssessmentsTable

Verano #2
Community Development District

Debt Service Fund
Series 2017 Special Assessment Bonds

Verano #2 Pod C Series 2017

Verano #2 Pod C Series 2017

Page 8

Description	Direct Billed	Amount Units	per unit*

Total Direct Billed

40's	2	$1,978.26
50's	 	0		 	$0.00	
Total Residential	2		Gross Assessm. Less: Discount & Collections 8%
Net Assessments

$3,956.52
$0.00

$3,956.52 ($316.52)

$3,640.00

Description	On Roll Units		Tax Roll		Total per unit*	On Roll

40's
50's

116	$1,086.96
 	95		 $1,086.96	
211	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$126,087.36
$103,261.20

Total Residential

$229,348.56 ($18,347.88)

$211,000.68

VERANO #2
Community Development District

AMORTIZATION SCHEDULE
Series 2017 Pod A Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48

$5,070,000.00
$4,970,000.00
$4,970,000.00
$4,865,000.00
$4,865,000.00
$4,755,000.00
$4,755,000.00
$4,640,000.00
$4,640,000.00
$4,525,000.00
$4,525,000.00
$4,405,000.00
$4,405,000.00
$4,280,000.00
$4,280,000.00
$4,150,000.00
$4,150,000.00
$4,010,000.00
$4,010,000.00
$3,865,000.00
$3,865,000.00
$3,715,000.00
$3,715,000.00
$3,555,000.00
$3,555,000.00
$3,390,000.00
$3,390,000.00
$3,215,000.00
$3,215,000.00
$3,030,000.00
$3,030,000.00
$2,840,000.00
$2,840,000.00
$2,640,000.00
$2,640,000.00
$2,430,000.00
$2,430,000.00
$2,210,000.00
$2,210,000.00
$1,980,000.00
$1,980,000.00
$1,735,000.00
$1,735,000.00
$1,480,000.00
$1,480,000.00
$1,210,000.00
$1,210,000.00
$930,000.00
$930,000.00
$635,000.00
$635,000.00
$325,000.00
$325,000.00

$100,000.00
$0.00
$105,000.00
$0.00
$110,000.00
$0.00
$115,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$140,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$160,000.00
$0.00
$165,000.00
$0.00
$175,000.00
$0.00
$185,000.00
$0.00
$190,000.00
$0.00
$200,000.00
$0.00
$210,000.00
$0.00
$220,000.00
$0.00
$230,000.00
$0.00
$245,000.00
$0.00
$255,000.00
$0.00
$270,000.00
$0.00
$280,000.00
$0.00
$295,000.00
$0.00
$310,000.00
$0.00
$325,000.00

$121,096.88
$119,284.38
$119,284.38
$117,381.25
$117,381.25
$115,043.75
$115,043.75
$112,600.00
$112,600.00
$110,156.25
$110,156.25
$107,606.25
$107,606.25
$104,950.00
$104,950.00
$101,862.50
$101,862.50
$98,537.50
$98,537.50
$95,093.75
$95,093.75
$91,531.25
$91,531.25
$87,731.25
$87,731.25
$83,812.50
$83,812.50
$79,656.25
$79,656.25
$75,262.50
$75,262.50
$70,750.00
$70,750.00
$66,000.00
$66,000.00
$60,750.00
$60,750.00
$55,250.00
$55,250.00
$49,500.00
$49,500.00
$43,375.00
$43,375.00
$37,000.00
$37,000.00
$30,250.00
$30,250.00
$23,250.00
$23,250.00
$15,875.00
$15,875.00
$8,125.00
$8,125.00

$221,096.88
$119,284.38
$224,284.38
$117,381.25
$227,381.25
$115,043.75
$230,043.75
$112,600.00
$227,600.00
$110,156.25
$230,156.25
$107,606.25
$232,606.25
$104,950.00
$234,950.00
$101,862.50
$241,862.50
$98,537.50
$243,537.50
$95,093.75
$245,093.75
$91,531.25
$251,531.25
$87,731.25
$252,731.25
$83,812.50
$258,812.50
$79,656.25
$264,656.25
$75,262.50
$265,262.50
$70,750.00
$270,750.00
$66,000.00
$276,000.00
$60,750.00
$280,750.00
$55,250.00
$285,250.00
$49,500.00
$294,500.00
$43,375.00
$298,375.00
$37,000.00
$307,000.00
$30,250.00
$310,250.00
$23,250.00
$318,250.00
$15,875.00
$325,875.00
$8,125.00
$333,125.00

Page 9

TOTAL	$5,165,000.00	$4,286,281.25	$9,451,281.25

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$5,165,000.00	$95,000.00	$122,818.75	$217,818.75
05/01/22	$5,070,000.00	$0.00	$121,096.88	$121,096.88

VERANO #2
Community Development District

AMORTIZATION SCHEDULE
Series 2017 Pod B Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48

$4,000,000.00
$3,920,000.00
$3,920,000.00
$3,840,000.00
$3,840,000.00
$3,755,000.00
$3,755,000.00
$3,665,000.00
$3,665,000.00
$3,575,000.00
$3,575,000.00
$3,480,000.00
$3,480,000.00
$3,380,000.00
$3,380,000.00
$3,275,000.00
$3,275,000.00
$3,165,000.00
$3,165,000.00
$3,050,000.00
$3,050,000.00
$2,930,000.00
$2,930,000.00
$2,805,000.00
$2,805,000.00
$2,675,000.00
$2,675,000.00
$2,535,000.00
$2,535,000.00
$2,390,000.00
$2,390,000.00
$2,240,000.00
$2,240,000.00
$2,080,000.00
$2,080,000.00
$1,915,000.00
$1,915,000.00
$1,740,000.00
$1,740,000.00
$1,555,000.00
$1,555,000.00
$1,365,000.00
$1,365,000.00
$1,165,000.00
$1,165,000.00
$955,000.00
$955,000.00
$735,000.00
$735,000.00
$500,000.00
$500,000.00
$255,000.00
$255,000.00

$80,000.00
$0.00
$80,000.00
$0.00
$85,000.00
$0.00
$90,000.00
$0.00
$90,000.00
$0.00
$95,000.00
$0.00
$100,000.00
$0.00
$105,000.00
$0.00
$110,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$140,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$160,000.00
$0.00
$165,000.00
$0.00
$175,000.00
$0.00
$185,000.00
$0.00
$190,000.00
$0.00
$200,000.00
$0.00
$210,000.00
$0.00
$220,000.00
$0.00
$235,000.00
$0.00
$245,000.00
$0.00
$255,000.00

$95,550.00
$94,100.00
$94,100.00
$92,650.00
$92,650.00
$90,843.75
$90,843.75
$88,931.25
$88,931.25
$87,018.75
$87,018.75
$85,000.00
$85,000.00
$82,875.00
$82,875.00
$80,381.25
$80,381.25
$77,768.75
$77,768.75
$75,037.50
$75,037.50
$72,187.50
$72,187.50
$69,218.75
$69,218.75
$66,131.25
$66,131.25
$62,806.25
$62,806.25
$59,362.50
$59,362.50
$55,800.00
$55,800.00
$52,000.00
$52,000.00
$47,875.00
$47,875.00
$43,500.00
$43,500.00
$38,875.00
$38,875.00
$34,125.00
$34,125.00
$29,125.00
$29,125.00
$23,875.00
$23,875.00
$18,375.00
$18,375.00
$12,500.00
$12,500.00
$6,375.00
$6,375.00

$175,550.00
$94,100.00
$174,100.00
$92,650.00
$177,650.00
$90,843.75
$180,843.75
$88,931.25
$178,931.25
$87,018.75
$182,018.75
$85,000.00
$185,000.00
$82,875.00
$187,875.00
$80,381.25
$190,381.25
$77,768.75
$192,768.75
$75,037.50
$195,037.50
$72,187.50
$197,187.50
$69,218.75
$199,218.75
$66,131.25
$206,131.25
$62,806.25
$207,806.25
$59,362.50
$209,362.50
$55,800.00
$215,800.00
$52,000.00
$217,000.00
$47,875.00
$222,875.00
$43,500.00
$228,500.00
$38,875.00
$228,875.00
$34,125.00
$234,125.00
$29,125.00
$239,125.00
$23,875.00
$243,875.00
$18,375.00
$253,375.00
$12,500.00
$257,500.00
$6,375.00
$261,375.00

Page 10

TOTAL	$4,075,000.00	$3,381,484.38	$7,456,484.38

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$4,075,000.00	$75,000.00	$96,909.38	$171,909.38
05/01/22	$4,000,000.00	$0.00	$95,550.00	$95,550.00

VERANO #2
Community Development District

AMORTIZATION SCHEDULE
Series 2017 Pod C Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48

$2,985,000.00
$2,930,000.00
$2,930,000.00
$2,870,000.00
$2,870,000.00
$2,810,000.00
$2,810,000.00
$2,745,000.00
$2,745,000.00
$2,680,000.00
$2,680,000.00
$2,610,000.00
$2,610,000.00
$2,535,000.00
$2,535,000.00
$2,460,000.00
$2,460,000.00
$2,380,000.00
$2,380,000.00
$2,295,000.00
$2,295,000.00
$2,205,000.00
$2,205,000.00
$2,110,000.00
$2,110,000.00
$2,010,000.00
$2,010,000.00
$1,910,000.00
$1,910,000.00
$1,805,000.00
$1,805,000.00
$1,690,000.00
$1,690,000.00
$1,570,000.00
$1,570,000.00
$1,445,000.00
$1,445,000.00
$1,315,000.00
$1,315,000.00
$1,180,000.00
$1,180,000.00
$1,035,000.00
$1,035,000.00
$885,000.00
$885,000.00
$725,000.00
$725,000.00
$555,000.00
$555,000.00
$380,000.00
$380,000.00
$195,000.00
$195,000.00

$55,000.00
$0.00
$60,000.00
$0.00
$60,000.00
$0.00
$65,000.00
$0.00
$65,000.00
$0.00
$70,000.00
$0.00
$75,000.00
$0.00
$75,000.00
$0.00
$80,000.00
$0.00
$85,000.00
$0.00
$90,000.00
$0.00
$95,000.00
$0.00
$100,000.00
$0.00
$100,000.00
$0.00
$105,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$135,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$160,000.00
$0.00
$170,000.00
$0.00
$175,000.00
$0.00
$185,000.00
$0.00
$195,000.00

$74,050.00
$73,018.75
$73,018.75
$71,893.75
$71,893.75
$70,543.75
$70,543.75
$69,081.25
$69,081.25
$67,618.75
$67,618.75
$66,043.75
$66,043.75
$64,356.25
$64,356.25
$62,481.25
$62,481.25
$60,481.25
$60,481.25
$58,356.25
$58,356.25
$56,106.25
$56,106.25
$53,731.25
$53,731.25
$51,231.25
$51,231.25
$48,731.25
$48,731.25
$46,106.25
$46,106.25
$43,231.25
$43,231.25
$40,231.25
$40,231.25
$37,028.13
$37,028.13
$33,696.88
$33,696.88
$30,237.50
$30,237.50
$26,521.88
$26,521.88
$22,678.13
$22,678.13
$18,578.13
$18,578.13
$14,221.88
$14,221.88
$9,737.50
$9,737.50
$4,996.88
$4,996.88

$129,050.00
$73,018.75
$133,018.75
$71,893.75
$131,893.75
$70,543.75
$135,543.75
$69,081.25
$134,081.25
$67,618.75
$137,618.75
$66,043.75
$141,043.75
$64,356.25
$139,356.25
$62,481.25
$142,481.25
$60,481.25
$145,481.25
$58,356.25
$148,356.25
$56,106.25
$151,106.25
$53,731.25
$153,731.25
$51,231.25
$151,231.25
$48,731.25
$153,731.25
$46,106.25
$161,106.25
$43,231.25
$163,231.25
$40,231.25
$165,231.25
$37,028.13
$167,028.13
$33,696.88
$168,696.88
$30,237.50
$175,237.50
$26,521.88
$176,521.88
$22,678.13
$182,678.13
$18,578.13
$188,578.13
$14,221.88
$189,221.88
$9,737.50
$194,737.50
$4,996.88
$199,996.88

Page 11

TOTAL	$3,015,000.00	$2,624,593.75	$5,639,593.75

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$3,015,000.00	$30,000.00	$74,612.50	$104,612.50
05/01/22	$2,985,000.00	$0.00	$74,050.00	$74,050.00

Verano #2
Community Development District

Debt Service Fund
Series 2020 Special Assessment Bonds

Adopted Budget
     FY 2021	

Actual Thru
    4/30/2021 

Projected Next
    5 Months 

Total Projected
     9/30/2021	

Proposed Budget
     FY 2022	

 Description	

Revenues

Carry Forward Surplus (1)
Special Assessments-Pod C-On Roll Special Assessments-Pod C-Direct Bill Special Assessments-Pod D-Direct Bill Special Assessments-Pod E-Direct Bill Interest Income

$655,622
$8,000
$208,001
$282,907
$213,642
$500

$299,578
$8,013
$138,543
$189,999
$142,922
$85

$0
$13
$68,833
$92,907
$70,720
$40

$299,578
$8,026
$207,376
$282,907
$213,642
$125

$242,018
$8,000
$207,376
$282,907
$213,642
$0

TOTAL REVENUES

   $1,368,671 

 	$779,140 

 	$232,514 

     $1,011,654 

 	$953,943 

Expenditures

Series 2020 - Pod C Interest - 11/01 Interest - 05/01 Principal - 05/01

$90,479
$71,119
$70,000

$90,479
$0
$0

$0
$71,119
$70,000

$90,479
$71,119
$70,000

$70,113
$70,113
$75,000

Series 2020 - Pod D Interest - 11/01 Interest - 05/01 Principal - 05/01

$119,052
$93,578
$95,000

$119,052
$0
$0

$0
$93,578
$95,000

$119,052
$93,578
$95,000

$92,213
$92,213
$100,000

Series 2020 - Pod E Interest - 11/01 Interest - 05/01 Principal - 05/01

$89,763
$70,556
$70,000

$89,763
$0
$0

$0
$70,556
$70,000

$89,763
$70,556
$70,000

$69,550
$69,550
$75,000

TOTAL EXPENDITURES

 	$769,547 

 	$299,294 

 	$470,253 

 	$769,547 

 	$713,750 

EXCESS REVENUES/EXPENDITURES

 	$599,124 

 	$479,846 

    ($237,739)

 	$242,107 

 	$240,193 

Other Financing Sources/(Uses)

Interfund Transfer In/(Out)

$0

($64)

($25)

($89)

$0

Total Other Financing Sources/(Uses)

 	$0 

 	($64)

 	($25)

 	($89)

 	$0 

EXCESS REVENUES/EXPENDITURES

 	$599,124 

$479,782

($237,764)

$242,018

$240,193

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

Pod C Interest - 11/1/22 Pod D Interest - 11/1/22 Pod E Interest - 11/1/22
TOTAL

$69,034
$90,775
 	$68,472
 	$228,281

Page 12

Verano #2
Community Development District

Debt Service Fund
Series 2020 Special Assessment Bonds

Verano #2 Pod C Series 2020

Verano #2 Pod C Series 2020

Verano #2 Pod D Series 2020

Verano #2 Pod E Series 2020

Page 13

Direct Billed	Amount
Description	Units	per unit*

Total
Direct Billed

40's
50's
60's
Manor/Duplex

35	$1,021.74
80	$1,175.00
58	$1,358.70
 	26		 	$909.78	
199	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$35,760.90
$94,000.00
$78,804.60
$23,654.28

Total Residential

$232,219.78 ($18,577.58)

$213,642.20

Direct Billed	Amount
Description	Units	per unit*

Total
Direct Billed

40's
50's
60's
80's

38	$1,176.09
98	$1,352.17
15	$1,564.13
 	59		 $1,810.87	
210	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$44,691.42
$132,512.66
$23,461.95
$106,841.33

Total Residential

$307,507.36 ($24,600.59)

$282,906.77

Direct Billed	Amount
Description	Units	per unit*

Total
Direct Billed

40's
50's

82	$1,083.70
 	126		 $1,083.70	
208	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$88,863.04
$136,545.65

Total Residential

$225,408.70 ($18,032.70)

$207,376.00

Direct Billed	Amount	Total
Description	Units	per unit*	On Roll

40's
50's

3	$1,086.96
 	5		 $1,086.96	
8	Gross Assessm.
Less: Discount & Collections 8%
Net Assessments

$3,260.88
$5,434.80

Total Residential

$8,695.68 ($695.65)

$8,000.03

Assessments Table

VERANO #2
Community Development District

AMORTIZATION  SCHEDULE
Series 2020 Pod C Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48
05/01/49
11/01/49
05/01/50

$3,620,000.00
$3,620,000.00
$3,545,000.00
$3,545,000.00
$3,465,000.00
$3,465,000.00
$3,385,000.00
$3,385,000.00
$3,300,000.00
$3,300,000.00
$3,215,000.00
$3,215,000.00
$3,125,000.00
$3,125,000.00
$3,035,000.00
$3,035,000.00
$2,940,000.00
$2,940,000.00
$2,840,000.00
$2,840,000.00
$2,740,000.00
$2,740,000.00
$2,635,000.00
$2,635,000.00
$2,525,000.00
$2,525,000.00
$2,410,000.00
$2,410,000.00
$2,290,000.00
$2,290,000.00
$2,165,000.00
$2,165,000.00
$2,035,000.00
$2,035,000.00
$1,900,000.00
$1,900,000.00
$1,760,000.00
$1,760,000.00
$1,615,000.00
$1,615,000.00
$1,465,000.00
$1,465,000.00
$1,305,000.00
$1,305,000.00
$1,140,000.00
$1,140,000.00
$970,000.00
$970,000.00
$790,000.00
$790,000.00
$605,000.00
$605,000.00
$410,000.00
$410,000.00
$210,000.00
$210,000.00

$0.00
$75,000.00
$0.00
$80,000.00
$0.00
$80,000.00
$0.00
$85,000.00
$0.00
$85,000.00
$0.00
$90,000.00
$0.00
$90,000.00
$0.00
$95,000.00
$0.00
$100,000.00
$0.00
$100,000.00
$0.00
$105,000.00
$0.00
$110,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$135,000.00
$0.00
$140,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$160,000.00
$0.00
$165,000.00
$0.00
$170,000.00
$0.00
$180,000.00
$0.00
$185,000.00
$0.00
$195,000.00
$0.00
$200,000.00
$0.00
$210,000.00

$69,034.38
$69,034.38
$67,956.25
$67,956.25
$66,806.25
$66,806.25
$65,656.25
$65,656.25
$64,275.00
$64,275.00
$62,893.75
$62,893.75
$61,431.25
$61,431.25
$59,968.75
$59,968.75
$58,425.00
$58,425.00
$56,800.00
$56,800.00
$54,800.00
$54,800.00
$52,700.00
$52,700.00
$50,500.00
$50,500.00
$48,200.00
$48,200.00
$45,800.00
$45,800.00
$43,300.00
$43,300.00
$40,700.00
$40,700.00
$38,000.00
$38,000.00
$35,200.00
$35,200.00
$32,300.00
$32,300.00
$29,300.00
$29,300.00
$26,100.00
$26,100.00
$22,800.00
$22,800.00
$19,400.00
$19,400.00
$15,800.00
$15,800.00
$12,100.00
$12,100.00
$8,200.00
$8,200.00
$4,200.00
$4,200.00

$69,034.38
$144,034.38
$67,956.25
$147,956.25
$66,806.25
$146,806.25
$65,656.25
$150,656.25
$64,275.00
$149,275.00
$62,893.75
$152,893.75
$61,431.25
$151,431.25
$59,968.75
$154,968.75
$58,425.00
$158,425.00
$56,800.00
$156,800.00
$54,800.00
$159,800.00
$52,700.00
$162,700.00
$50,500.00
$165,500.00
$48,200.00
$168,200.00
$45,800.00
$170,800.00
$43,300.00
$173,300.00
$40,700.00
$175,700.00
$38,000.00
$178,000.00
$35,200.00
$180,200.00
$32,300.00
$182,300.00
$29,300.00
$189,300.00
$26,100.00
$191,100.00
$22,800.00
$192,800.00
$19,400.00
$199,400.00
$15,800.00
$200,800.00
$12,100.00
$207,100.00
$8,200.00
$208,200.00
$4,200.00
$214,200.00

Page 14

TOTAL	$3,695,000.00	$2,565,518.75	$6,260,518.75

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$3,695,000.00	$0.00	$70,112.50	$70,112.50
05/01/22	$3,695,000.00	$75,000.00	$70,112.50	$145,112.50

VERANO #2
Community Development District

AMORTIZATION  SCHEDULE
Series 2020 Pod D Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48
05/01/49
11/01/49
05/01/50

$4,760,000.00
$4,760,000.00
$4,660,000.00
$4,660,000.00
$4,555,000.00
$4,555,000.00
$4,450,000.00
$4,450,000.00
$4,340,000.00
$4,340,000.00
$4,225,000.00
$4,225,000.00
$4,110,000.00
$4,110,000.00
$3,990,000.00
$3,990,000.00
$3,865,000.00
$3,865,000.00
$3,735,000.00
$3,735,000.00
$3,600,000.00
$3,600,000.00
$3,460,000.00
$3,460,000.00
$3,315,000.00
$3,315,000.00
$3,165,000.00
$3,165,000.00
$3,010,000.00
$3,010,000.00
$2,845,000.00
$2,845,000.00
$2,675,000.00
$2,675,000.00
$2,500,000.00
$2,500,000.00
$2,315,000.00
$2,315,000.00
$2,125,000.00
$2,125,000.00
$1,925,000.00
$1,925,000.00
$1,715,000.00
$1,715,000.00
$1,500,000.00
$1,500,000.00
$1,275,000.00
$1,275,000.00
$1,040,000.00
$1,040,000.00
$795,000.00
$795,000.00
$540,000.00
$540,000.00
$275,000.00
$275,000.00

$0.00
$100,000.00
$0.00
$105,000.00
$0.00
$105,000.00
$0.00
$110,000.00
$0.00
$115,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$135,000.00
$0.00
$140,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$155,000.00
$0.00
$165,000.00
$0.00
$170,000.00
$0.00
$175,000.00
$0.00
$185,000.00
$0.00
$190,000.00
$0.00
$200,000.00
$0.00
$210,000.00
$0.00
$215,000.00
$0.00
$225,000.00
$0.00
$235,000.00
$0.00
$245,000.00
$0.00
$255,000.00
$0.00
$265,000.00
$0.00
$275,000.00

$90,775.00
$90,775.00
$89,337.50
$89,337.50
$87,828.13
$87,828.13
$86,318.75
$86,318.75
$84,531.25
$84,531.25
$82,662.50
$82,662.50
$80,793.75
$80,793.75
$78,843.75
$78,843.75
$76,812.50
$76,812.50
$74,700.00
$74,700.00
$72,000.00
$72,000.00
$69,200.00
$69,200.00
$66,300.00
$66,300.00
$63,300.00
$63,300.00
$60,200.00
$60,200.00
$56,900.00
$56,900.00
$53,500.00
$53,500.00
$50,000.00
$50,000.00
$46,300.00
$46,300.00
$42,500.00
$42,500.00
$38,500.00
$38,500.00
$34,300.00
$34,300.00
$30,000.00
$30,000.00
$25,500.00
$25,500.00
$20,800.00
$20,800.00
$15,900.00
$15,900.00
$10,800.00
$10,800.00
$5,500.00
$5,500.00

$90,775.00
$190,775.00
$89,337.50
$194,337.50
$87,828.13
$192,828.13
$86,318.75
$196,318.75
$84,531.25
$199,531.25
$82,662.50
$197,662.50
$80,793.75
$200,793.75
$78,843.75
$203,843.75
$76,812.50
$206,812.50
$74,700.00
$209,700.00
$72,000.00
$212,000.00
$69,200.00
$214,200.00
$66,300.00
$216,300.00
$63,300.00
$218,300.00
$60,200.00
$225,200.00
$56,900.00
$226,900.00
$53,500.00
$228,500.00
$50,000.00
$235,000.00
$46,300.00
$236,300.00
$42,500.00
$242,500.00
$38,500.00
$248,500.00
$34,300.00
$249,300.00
$30,000.00
$255,000.00
$25,500.00
$260,500.00
$20,800.00
$265,800.00
$15,900.00
$270,900.00
$10,800.00
$275,800.00
$5,500.00
$280,500.00

Page 15

TOTAL	$4,860,000.00	$3,372,631.25	$8,232,631.25

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$4,860,000.00	$0.00	$92,212.50	$92,212.50
05/01/22	$4,860,000.00	$100,000.00	$92,212.50	$192,212.50

VERANO #2
Community Development District

AMORTIZATION  SCHEDULE
Series 2020 Pod E Special Assessment Bonds

11/01/22
05/01/23
11/01/23
05/01/24
11/01/24
05/01/25
11/01/25
05/01/26
11/01/26
05/01/27
11/01/27
05/01/28
11/01/28
05/01/29
11/01/29
05/01/30
11/01/30
05/01/31
11/01/31
05/01/32
11/01/32
05/01/33
11/01/33
05/01/34
11/01/34
05/01/35
11/01/35
05/01/36
11/01/36
05/01/37
11/01/37
05/01/38
11/01/38
05/01/39
11/01/39
05/01/40
11/01/40
05/01/41
11/01/41
05/01/42
11/01/42
05/01/43
11/01/43
05/01/44
11/01/44
05/01/45
11/01/45
05/01/46
11/01/46
05/01/47
11/01/47
05/01/48
11/01/48
05/01/49
11/01/49
05/01/50

$3,590,000.00
$3,590,000.00
$3,515,000.00
$3,515,000.00
$3,435,000.00
$3,435,000.00
$3,355,000.00
$3,355,000.00
$3,275,000.00
$3,275,000.00
$3,190,000.00
$3,190,000.00
$3,100,000.00
$3,100,000.00
$3,010,000.00
$3,010,000.00
$2,915,000.00
$2,915,000.00
$2,820,000.00
$2,820,000.00
$2,720,000.00
$2,720,000.00
$2,615,000.00
$2,615,000.00
$2,505,000.00
$2,505,000.00
$2,390,000.00
$2,390,000.00
$2,270,000.00
$2,270,000.00
$2,145,000.00
$2,145,000.00
$2,015,000.00
$2,015,000.00
$1,880,000.00
$1,880,000.00
$1,740,000.00
$1,740,000.00
$1,595,000.00
$1,595,000.00
$1,445,000.00
$1,445,000.00
$1,290,000.00
$1,290,000.00
$1,125,000.00
$1,125,000.00
$955,000.00
$955,000.00
$780,000.00
$780,000.00
$595,000.00
$595,000.00
$405,000.00
$405,000.00
$205,000.00
$205,000.00

$0.00
$75,000.00
$0.00
$80,000.00
$0.00
$80,000.00
$0.00
$80,000.00
$0.00
$85,000.00
$0.00
$90,000.00
$0.00
$90,000.00
$0.00
$95,000.00
$0.00
$95,000.00
$0.00
$100,000.00
$0.00
$105,000.00
$0.00
$110,000.00
$0.00
$115,000.00
$0.00
$120,000.00
$0.00
$125,000.00
$0.00
$130,000.00
$0.00
$135,000.00
$0.00
$140,000.00
$0.00
$145,000.00
$0.00
$150,000.00
$0.00
$155,000.00
$0.00
$165,000.00
$0.00
$170,000.00
$0.00
$175,000.00
$0.00
$185,000.00
$0.00
$190,000.00
$0.00
$200,000.00
$0.00
$205,000.00

$68,471.88
$68,471.88
$67,393.75
$67,393.75
$66,243.75
$66,243.75
$65,093.75
$65,093.75
$63,793.75
$63,793.75
$62,412.50
$62,412.50
$60,950.00
$60,950.00
$59,487.50
$59,487.50
$57,943.75
$57,943.75
$56,400.00
$56,400.00
$54,400.00
$54,400.00
$52,300.00
$52,300.00
$50,100.00
$50,100.00
$47,800.00
$47,800.00
$45,400.00
$45,400.00
$42,900.00
$42,900.00
$40,300.00
$40,300.00
$37,600.00
$37,600.00
$34,800.00
$34,800.00
$31,900.00
$31,900.00
$28,900.00
$28,900.00
$25,800.00
$25,800.00
$22,500.00
$22,500.00
$19,100.00
$19,100.00
$15,600.00
$15,600.00
$11,900.00
$11,900.00
$8,100.00
$8,100.00
$4,100.00
$4,100.00

$68,471.88
$143,471.88
$67,393.75
$147,393.75
$66,243.75
$146,243.75
$65,093.75
$145,093.75
$63,793.75
$148,793.75
$62,412.50
$152,412.50
$60,950.00
$150,950.00
$59,487.50
$154,487.50
$57,943.75
$152,943.75
$56,400.00
$156,400.00
$54,400.00
$159,400.00
$52,300.00
$162,300.00
$50,100.00
$165,100.00
$47,800.00
$167,800.00
$45,400.00
$170,400.00
$42,900.00
$172,900.00
$40,300.00
$175,300.00
$37,600.00
$177,600.00
$34,800.00
$179,800.00
$31,900.00
$181,900.00
$28,900.00
$183,900.00
$25,800.00
$190,800.00
$22,500.00
$192,500.00
$19,100.00
$194,100.00
$15,600.00
$200,600.00
$11,900.00
$201,900.00
$8,100.00
$208,100.00
$4,100.00
$209,100.00

Page 16

TOTAL	$3,665,000.00	$2,542,481.25	$6,207,481.25

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/21	$3,665,000.00	$0.00	$69,550.00	$69,550.00
05/01/22	$3,665,000.00	$75,000.00	$69,550.00	$144,550.00