Lake Emma Community Development District Proposed Budget FY2025 1-2 3-6 7 8 9 10 Debt Service Fund Series 2023 Amortization Schedule Series 2023 Table of Contents General Fund General Fund Narrative Amortization Schedule Series 2021 Debt Service Fund Series 2021 Lake Emma Community Development District Proposed Budget FY2025 General Fund Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 6Pr MoNjoeenxctttehds 9Pr/To3jo0etac/t2le4d PFBrYou2pd0ogs2ee5td Revenues: AAMddamminiitnneiinssttarrnaacttiievv Aee sAAsssessseesssmssmmeneetnns tt-ss A -- AAO1Au-1t2s-i2de AA1-2 $$$ 388158,,,355111779 $$$ 268167,,,016347189 $$$ 2 180,,,238279069 $$$ 388158,,,255167147 $$$ 388158,,,355013157 Total Revenues $ 205,353 $ 174,858 $ 30,495 $ 205,353 $ 205,353 Expenditures: Administrative: Supervisor Fees 6,000 $ 800 $ 800 $ 1,600 $ 6,000 $ FICA Expense 459 $ 61 $ 61 $ 122 $ 459 $ Engineering Fees 12,000 $ 98 $ 3,902 $ 4,000 $ 8,000 $ Attorney 20,000 $ 3,060 $ 6,940 $ 10,000 $ 16,679 $ Arbitrage 900 $ 450 $ 450 $ 900 $ 900 $ Dissemination 7,000 $ 3,500 $ 3,500 $ 7,000 $ 10,850 $ Annual Audit 6,100 $ - $ 6,100 $ 6,100 $ 6,200 $ Trustee Fees 8,100 $ - $ 8,100 $ 8,100 $ 8,100 $ Assessment Administration 5,300 $ 5,300 $ - $ 5,300 $ 5,565 $ Management Fees 36,750 $ 18,375 $ 18,375 $ 36,750 $ 40,000 $ Information Technology 1,800 $ 900 $ 900 $ 1,800 $ 1,890 $ Website Maintenance 1,200 $ 600 $ 600 $ 1,200 $ 1,260 $ Telephone 300 $ - $ 50 $ 50 $ 100 $ Postage 750 $ 121 $ 254 $ 375 $ 750 $ Printing & Binding 592 $ 13 $ 62 $ 75 $ 250 $ Insurance 6,210 $ 5,871 $ - $ 5,871 $ 6,458 $ Legal Advertising 2,500 $ - $ 2,500 $ 2,500 $ 2,500 $ Other Current Charges 600 $ 270 $ 244 $ 514 $ 600 $ Office Supplies 50 $ 15 $ 15 $ 30 $ 50 $ Property Taxes 50 $ 17 $ - $ 17 $ 50 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative: 116,836 $ 39,626 $ 52,854 $ 92,480 $ 116,836 $ Operations & Maintenance Field Services 7,875 $ 3,938 $ 3,938 $ 7,875 $ 10,000 $ Landscape Maintenance 43,272 $ 14,507 $ 21,636 $ 36,143 $ 45,436 $ Repairs & Maintenance 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Stormwater Repairs & Maintenance 20,000 $ - $ 10,000 $ 10,000 $ 16,000 $ Contingency 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Capital Outay 7,370 $ - $ 3,685 $ 3,685 $ 7,081 $ Total Operations & Maintenance: 88,517 $ 18,444 $ 44,259 $ 62,703 $ 88,517 $ Total Expenditures 205,353 $ 58,070 $ 97,112 $ 155,183 $ 205,353 $ Excess Revenues (Expenditures) - $ 116,787 $ (66,617) $ 50,170 $ - $ 1 Net Administrative Annual Assessments (Total) $116,836 Collection Cost (6%) $7,458 Gross Assessments $124,294 Property Type Units ERU Factor ERUs Gross Per Unit Total Gross 40' Lots 56670005'''' LLLLoooottttssss 2252417946148 01111....2348 223653614715..124..26 $$$$$11118023456889.4....258870479 $$$$$22636157,,38,,,0193802403378..23...46907456 Total 1153 1163.4 $124,293.62 Net Administrative Annual Assessments (Outside AA1-2) $35,531 Collection Cost (6%) $2,268 Gross Assessments $37,799 Property Type Units ERU Factor ERUs Gross Per Unit Total Gross 4566700005''''' LLLLLoooootttttsssss 12345701478 01111....2348 3351611270...8288 $$$$$11118023456889.4....258870479 $$$$$133569,,,,3455,00133103446....1123.903490 Total 330 353.8 $37,798.76 Net Administrative Annual Assessments (Assessment Area 1-2) $81,305.16 Collection Cost (6%) $5,189.69 Gross Assessments $86,494.85 Property Type Units ERU Factor ERUs Gross Per Unit Total Gross 4566700005''''' LLLLLoooootttttsssss 12309569338 01111....2348 22130020912.36..46 $$$$$11118023456889.4....258870479 $$$$2241111$,3,,,05694.238063680.1...2774146 Total 823 809.6 $86,494.85 Net Maintenance Annual Assessments (Assessment Area 1-2) $88,517 Collection Cost (6%) $5,650 Gross Assessments $94,167 Property Type Units ERU Factor ERUs Gross Per Unit Total Gross 4566700005''''' LLLLLoooootttttsssss 12309569338 01111....2348 22130020912.36..46 $$$$$111901363.2690.0...03585147 $$$$2241335$,4,,,04576.144050180.5...6684015 Total 823 809.6 $94,166.60 Net Administrative & Maintenance Annual Assessments (Assessment Area 1-2) $169,822 Collection Cost (6%) $10,840 Gross Assessments $180,661 Property Type Units ERU Factor ERUs Gross Per Unit Total Gross 4566700005''''' LLLLLoooootttttsssss 12309569338 01111....2348 22130020912.36..46 $$$$$122301267.23780....014571258 $$$$4482457$,8,,,01691.689015670.6...3588467 Total 823 809.6 $180,661.45 Lake Emma Community Development District Gross Per Unit Assessment Chart 2 Lake Emma Community Development District GENERAL FUND BUDGET REVENUES: Administrative Assessments The District will levy a non-ad valorem assessment on all the assessable property fund the administrative portion of the general fund expenditures during the fiscalw yietahrin. the district to fAM Tishraceeiaan Dl t Oyeisnnetaaerr niac.c nte dw A Aislsls eslesesvsmysm ean entnso tn A-ardea v Talworoe tmo fausnsdes aslml oepnet roanti aolnl st haen das mseasisnatbenlea pnrcoep eexrpteyn wdiitthuirne sA dssuersinsmg ethnet EXPENDITURES: Administrative: SeCAuxhmcpaeoepeurtdveni rt$s o4i1sr,9 8 bF00ae,0s eFe sp ldoe ror inyd ea5a rsS utpapateiudrtv etioss, o earalscl ohaw tStuse npfdoerirnv egisa 6oc rhm f oBereo ttaihnredg tsmi mdeuemr dibneegvr ot htteoed fr itesocc aDelii vsyeter ai$cr2t. 0b0u spinere sms aenetdi nmge, entoint gtso. F SRuIeCppAer erEvsxeipsnoetnrs s ceth heec kEsm. ployer’s share of Social Security and Medicare taxes withheld from Board of Engineering Fees TrpDerhiqsoetuj reDiicscitistts,ti roaeinsc.sgts'i,.sg npeanrettedgepi nanadser aeadnrtiir,c oDeenc e twaeandnbd deb r yprr ytrehe vEepine aBgwroian atoeriofed nr cos of, f InoSnturcr p.a,me cwrto vilnsils ptboheerlcy spi faribconoavdtai idtrohdinne sg mD gaieesnetndrteii ncrbtagi lMds e, andrngoeaivcnguieeemerw.r e i nnogtfs s, einarvnvoidci ecvesa str oia otnhudes Attorney aM rTethatseeno nDaludgitaseitnorr.cn icest ,' saa nlneddg aopl trcheoepuran rrsaeetsli,oe Kanru ctfhaok ra Rsmsoiocgknn tLehdLly Pa , smw dielielr bteiecn tgpesrd,o vbpiyrde itpnhager g aBetinooaenrr daal nolefdg Sarule psveeirrevvwiics eoosrf s to aa gtnhrdee e Dtmhiseet nrDticsist ,ta reni.cgdt. Arbitrage D tTOohni sieest )rsD iuacients’ tdsar iAtnchrete bww iSt iberlarlo ignceeods n R2stee0rrba2iace3tts eS wi pnLie itFachYbi aa2illn 0iAt 2yisn5 sod.e nes sptmheene dnSete nrBitoe csne d2rst0 i(2fiA1es dSs eppseuscbmilaielc n Aats cAsceroseusanm Ttaewnnott )tB.o oT nahnden sD u(iaAsltslrysie ccsta silmsc ueexlnaptte eAc rttheedea 3 Lake Emma Community Development District GENERAL FUND BUDGET w(c 2TDAo0hihsns2esistc 1eDerhm asSi csspirntmteereacidelctain iatwto tlein siAsAt hrsreste Goeqa osu Tsvaimrwdeerdeodnin) tmb.it oT yBen hntoahetnl ae Ddl rS siMes e(tpcaArouniscrrasttieg tiinysess mg aem nxerepdnene tqE tcSu xtAeeicrrrhdeeva maitnco Oeeg isnnes- steCCsu)eo eanmf noatdrmr na teiluhs wFsneli roSobarenotir dentidoaed,s csL b2oeLo0mrCni2e pdf3sol ySriin pswt hseFiucitYsihe a2ss lR0e. Ar2uTvs5lesih.ce e1es 5soDmcn2i set-thn1ret2i c B(Stbeo )rnh(id5aesss) A oT nnh nea unDa ials nAtrnuiucdtai tli sb raesqisu. iTrehde bDyis Ftrloicrti dhaa sS tcaotnuttreasc ttoe da rwraitnhg Ge rfaour a&n A inssdoecpieantedse fnotr a tuhdisi ts oefr vitisc efi.n ancial records A TwTrhriuetehsa tD aeOi esTn tFrerue)ic esatstn e wdei altlht peUa SSyeB raainnenks u.2 aT0lh 2te3ru DSspitseetecr iifacetle iAsss efsoxerps sethmcetee Sndet t rBoie oissn sd2us0e 2( aA1 n sSsepewes scsmiearle inAests sAiners eFsaYm 2Te0wn2to5 )B. tohnadts a (rAe sdseepssomsietendt Aa Tdshsmee sDinsimisstetrenirct t tA hhdeam sc iocnolilnsettcrrtaaiotcintoe nod f wnoitnh- aGdo vvearlonrmemen atasls eMsasnmaegnetm oenn at lSl earsvsiecsessa-bCleen ptrroalp Felrotryi dwai,t hLiLnC t thoe lDevisyt raincdt. Management Fees rnM Teohapten o aDlrigtmiisentimtgrei,ec dant n thtn, oaAu,s ca rccle ooacnuuotndrrtidaitcni, ntegegt dca .n a wndi dtRh et Gcraoonrvdsecirnrnigpm Steieoncntra elot aMf rbyan oSaaegrrdevm icmeenes etf toSirne rgtvhsi,e c ebDsui-sdCtgereincttt r.p aTrlh eFepl oasrreiardtvaiio,c nLe,Ls Cainl tlc olf uipndraeon,v cbidiuaetl rspI Tneerhflroeoavt rtieDemccdeitas sittot,or icnoi lct,no hta uTechd ceaD ocssihu tsconntorrotinailcnogttggre’sa y s sc ioentferftvodwir cwamerisaet ht,a iA noGddnoo ssvbeyeersr,vtn Meemmrisces,r n,po twosaoshl ifiMttci vhOae nfi fnapiccgaeleyu,m deimteec np.b tlu eStm earervnei tcnaeotsito- Clniem annittrdea dpl rtFoolo gvrriiaddmeao,m LciLonCng f ffeoorrre nfcrcoaisuntdgs Wa1m Ts8haes9eiobn ,D sctiFiietaslentot eraMrdinicda ctwia enh i,ta tSuehstnp acmadtounaonectnteesris. ta ,o cTdrthioenedcgsu w eam nistedhen rmGtv ouiacvpienelsotr aaniidnmnscie,nl uhngdot taeshlt eMisn iDagteni as atnprgdeiecr mdtf’ooser mnwmtae aSibnnes rcriveteei nc aceesrwsse-eaaCstlessen,md wt reinaenlb ta Fsscl,ic oteosre ribdcdauaac,rn kLictuLyepC wsa f,no ietrdht c t Chf. iher eacwpotsaetlsrl Telephone Telephone and fax machine. Postage Mailing of agenda packages, overnight deliveries, correspondence, etc. 4 Lake Emma Community Development District GENERAL FUND BUDGET Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized envelopes etc. checks, stationary, Insurance TInhseu rDainstcrei cAt’lsli agnecnee r(aFlI Ali)a.b FiIlAity s paencdi apliuzbelsi ci no pffricoivailds ilniagb inilsituyr ainnscuer caonvceer caogvee troa ggoe vies rpnrmoveindteadl abgye nFcloiersid. a Legal Advertising iTnh ae nDeiwstsripcatp ise rr eoqf ugierneedr atol caidrcvuelrattisioen v. arious notices for monthly Board meetings, public hearings, etc Other Current Charges Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies Miscellaneous office supplies. PRreoppreersteyn Ttsa xeesst imated costs billed by Lake County Property Appraiser’s office. Dues, Licenses & Subscriptions tThhee o Dnilsyt reixcpt eisn rseeq uunirdeedr ttoh ips acya taeng oanryn ufoarl tfehee tDoi sthtrei cFtl. orida Department of Commerce for $175. This is O perations & Maintenance: fop FTiinreheolseldpid tD eemSir estiartnynrv sioiapccwgtee eschnm taeisore nnpcsoth ,n oomtnfr eeac ecocttnaeilntdlrsg a wsac ntiwstdh i ft eoGhmro cavtohielnrestn. rDmaicsettnortriacslt, Masutatcnehna gdae smB loaeannrdtd sS cemarpeveeic teminsag-Cisn eatnentnrdaa nlr eFcecloe. riSviedera va, inLcLdeCs r tfeoosr pi on oncnldus idttoee L pRaoennpddresscs laeopncetas tM epdar iownptieothnseaindn ctcheo es Dtsi sptrroicvti’ds ebdo ubnyd Cahrieersr.y Lake Inc. for landscape maintenance of dry retention Description Monthly Annual CPPTohhrinaansstiieetny 34g L ePPanookcnneydd Psso nds & Disking $$$188,9045079 $$12$$0329,,,,151606064804 Total $45,436 5 Lake Emma Community Development District GENERAL FUND BUDGET iRRteeepmpar.ei rsse &n tMs gaeinnteernaaln rceep airs and maintenance costs that are not budgeted under any other budget line SRteoprrmewseanttesr eRsetpimaiartse &d Mcoasitnst feonra sntcoer m structure maintenance and erosion repairs. CRoenptriensgeenntcsy a ny additional field expense that may not have been provided for in the budget. C Raeppirteasle Onuttsl acoy sts for capital outlay related expenses. 6 Lake Emma Community Development District Proposed Budget FY2025 Debt Service Fund Series 2021 Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 P6r MoNjoeenxctttehds P9r/oT3joe0tca/tl2ed4 PFBrYou2pd0ogs2ee5td Revenues: ISCnpaterercryiea Fslt oArswseasrsdm Seunrtpslus $$$ 13 159213,,,089028088 $$$ 13 158048,,,477689156 $$$ 57 ,, 24 25 03 - $$$ 13 159834,,,078389168 $$$ 13 179823,,,018048008 Total Revenues $ 557,816 $ 554,042 $ 12,673 $ 566,715 $ 584,028 Expenditures: Series 2021 IIPnnrttieenrrceeipsstta --l 01- 260//611/5515 $$$ 111225022,,,022088088 $$$ 1 2 , 2 8 -- $$$ 11 25 02 ,, 08 - $$$ 111225022,,,022088088 $$$ 111225005,,,044011033 Total Expenditures $ 394,575 $ 122,288 $ 272,288 $ 394,575 $ 395,825 Excess Revenues (Expenditures) $ 163,241 $ 431,755 $ (259,615) $ 172,140 $ 188,203 Interest - 12/15/2025 $118,475 Total $118,475 Net Assessment $393,888 Collection Cost (6%) $25,142 Gross Assessment $419,030 Property Type Units Gross Per Unit Gross Total 45670000'''' LLLLoooottttssss 119938439 $$$$1189,,1318993466 $$$111$01812258,,,,145902361468 Total 425 $419,030 7 Date Balance Principal Interest Annual 6/15/24 6,755,000 $ 150,000 $ 122,287.50 $ - $ 12/15/24 6,605,000 $ - $ 120,412.50 $ 392,700.00 $ 6/15/25 6,605,000 $ 155,000 $ 120,412.50 $ - $ 12/15/25 6,450,000 $ - $ 118,475.00 $ 393,887.50 $ 6/15/26 6,450,000 $ 155,000 $ 118,475.00 $ - $ 12/15/26 6,295,000 $ - $ 116,537.50 $ 390,012.50 $ 6/15/27 6,295,000 $ 160,000 $ 116,537.50 $ - $ 12/15/27 6,135,000 $ - $ 114,057.50 $ 390,595.00 $ 6/15/28 6,135,000 $ 165,000 $ 114,057.50 $ - $ 12/15/28 5,970,000 $ - $ 111,500.00 $ 390,557.50 $ 6/15/29 5,970,000 $ 170,000 $ 111,500.00 $ - $ 12/15/29 5,800,000 $ - $ 108,865.00 $ 390,365.00 $ 6/15/30 5,800,000 $ 175,000 $ 108,865.00 $ - $ 12/15/30 5,625,000 $ - $ 106,152.50 $ 390,017.50 $ 6/15/31 5,625,000 $ 180,000 $ 106,152.50 $ - $ 12/15/31 5,445,000 $ - $ 103,362.50 $ 389,515.00 $ 6/15/32 5,445,000 $ 190,000 $ 103,362.50 $ - $ 12/15/32 5,255,000 $ - $ 100,037.50 $ 393,400.00 $ 6/15/33 5,255,000 $ 195,000 $ 100,037.50 $ - $ 12/15/33 5,060,000 $ - $ 96,625.00 $ 391,662.50 $ 6/15/34 5,060,000 $ 200,000 $ 96,625.00 $ - $ 12/15/34 4,860,000 $ - $ 93,125.00 $ 389,750.00 $ 6/15/35 4,860,000 $ 210,000 $ 93,125.00 $ - $ 12/15/35 4,650,000 $ - $ 89,450.00 $ 392,575.00 $ 6/15/36 4,650,000 $ 215,000 $ 89,450.00 $ - $ 12/15/36 4,435,000 $ - $ 85,687.50 $ 390,137.50 $ 6/15/37 4,435,000 $ 225,000 $ 85,687.50 $ - $ 12/15/37 4,210,000 $ - $ 81,750.00 $ 392,437.50 $ 6/15/38 4,210,000 $ 230,000 $ 81,750.00 $ - $ 12/15/38 3,980,000 $ - $ 77,725.00 $ 389,475.00 $ 6/15/39 3,980,000 $ 240,000 $ 77,725.00 $ - $ 12/15/39 3,740,000 $ - $ 73,525.00 $ 391,250.00 $ 6/15/40 3,740,000 $ 250,000 $ 73,525.00 $ - $ 12/15/40 3,490,000 $ - $ 69,150.00 $ 392,675.00 $ 6/15/41 3,490,000 $ 260,000 $ 69,150.00 $ - $ 12/15/41 3,230,000 $ - $ 64,600.00 $ 393,750.00 $ 6/15/42 3,230,000 $ 270,000 $ 64,600.00 $ - $ 12/15/42 2,960,000 $ - $ 59,200.00 $ 393,800.00 $ 6/15/43 2,960,000 $ 280,000 $ 59,200.00 $ - $ 12/15/43 2,680,000 $ - $ 53,600.00 $ 392,800.00 $ 6/15/44 2,680,000 $ 290,000 $ 53,600.00 $ - $ 12/15/44 2,390,000 $ - $ 47,800.00 $ 391,400.00 $ 6/15/45 2,390,000 $ 300,000 $ 47,800.00 $ - $ 12/15/45 2,090,000 $ - $ 41,800.00 $ 389,600.00 $ 6/15/46 2,090,000 $ 315,000 $ 41,800.00 $ - $ 12/15/46 1,775,000 $ - $ 35,500.00 $ 392,300.00 $ 6/15/47 1,775,000 $ 325,000 $ 35,500.00 $ - $ 12/15/47 1,450,000 $ - $ 29,000.00 $ 389,500.00 $ 6/15/48 1,450,000 $ 340,000 $ 29,000.00 $ - $ 12/15/48 1,110,000 $ - $ 22,200.00 $ 391,200.00 $ 6/15/49 1,110,000 $ 355,000 $ 22,200.00 $ - $ 12/15/49 755,000 $ - $ 15,100.00 $ 392,300.00 $ 6/15/50 755,000 $ 370,000 $ 15,100.00 $ - $ 12/15/50 385,000 $ - $ 7,700.00 $ 392,800.00 $ 6/15/51 385,000 $ 385,000 $ 7,700.00 $ 392,700.00 $ Totals 6,755,000 $ 4,208,163 $ 10,963,162.50 $ (Term Bonds Combined) Amortization Schedule Lake Emma Series 2021, Special Assessment Bonds (Assessment Area One) 8 Lake Emma Community Development District Proposed Budget FY2025 Debt Service Fund Series 2023 Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 P6r MoNjoeenxctttehds P9r/oT3joe0tca/t2le4d PFBrYou2pd0ogs2ee5td Revenues: ISCnpaterercryiea Fslt oArswseasrsdm Seunrtpslus $$$ 4 95 227,,,553081079 $$$ 3 194332,,,099148139 $$$ 1 11 34 ,, 23 03 00 - $$$ 4 295377,,,013114139 $$$ 14 59 247,,,538024003 Total Revenues $ 552,406 $ 449,943 $ 127,530 $ 577,473 $ 654,663 Expenditures: Series 2023 IIPnnrttieenrrceeipsstta --l 01- 150//500/1101 $$$ 11 907209,,,502800700 $$$ 9 2 , 5 8 7 -- $$$ 11 07 09 ,, 02 00 - $$$ 11 907209,,,025008007 $$$ 111077566,,,099055000 Total Expenditures $ 371,787 $ 92,587 $ 279,200 $ 371,787 $ 458,900 Other Sources/(Uses) Transfer In/(Out) $ - $ (10,843) $ - $ (10,843) $ - Total Other Financing Sources (Uses) $ - $ (10,843) $ - $ (10,843) $ - Excess Revenues (Expenditures) $ 180,619 $ 346,513 $ (151,670) $ 194,843 $ 195,763 Interest - 11/1/2025 $174,588 Total $174,588 Net Assessment $457,320 Collection Cost (6%) $29,191 Gross Assessment $486,510 Property Type Units Gross Per Unit Gross Total 456000''' LLLoootttsss 12702404 $$$111,,,023449999 $$12$935149,,,788299046 Total 398 $486,510 9 Date Balance Principal Interest Annual 5/1/24 6,775,000 $ 100,000 $ 179,200.00 $ - $ 11/1/24 6,675,000 $ - $ 176,950.00 $ 456,150.00 $ 5/1/25 6,675,000 $ 105,000 $ 176,950.00 $ - $ 11/1/25 6,570,000 $ - $ 174,587.50 $ 456,537.50 $ 5/1/26 6,570,000 $ 110,000 $ 174,587.50 $ - $ 11/1/26 6,460,000 $ - $ 172,112.50 $ 456,700.00 $ 5/1/27 6,460,000 $ 115,000 $ 172,112.50 $ - $ 11/1/27 6,345,000 $ - $ 169,525.00 $ 456,637.50 $ 5/1/28 6,345,000 $ 120,000 $ 169,525.00 $ - $ 11/1/28 6,225,000 $ - $ 166,825.00 $ 456,350.00 $ 5/1/29 6,225,000 $ 125,000 $ 166,825.00 $ - $ 11/1/29 6,100,000 $ - $ 164,012.50 $ 455,837.50 $ 5/1/30 6,100,000 $ 130,000 $ 164,012.50 $ - $ 11/1/30 5,970,000 $ - $ 161,087.50 $ 455,100.00 $ 5/1/31 5,970,000 $ 135,000 $ 161,087.50 $ - $ 11/1/31 5,835,000 $ - $ 157,543.75 $ 453,631.25 $ 5/1/32 5,835,000 $ 145,000 $ 157,543.75 $ - $ 11/1/32 5,690,000 $ - $ 153,737.50 $ 456,281.25 $ 5/1/33 5,690,000 $ 150,000 $ 153,737.50 $ - $ 11/1/33 5,540,000 $ - $ 149,800.00 $ 453,537.50 $ 5/1/34 5,540,000 $ 160,000 $ 149,800.00 $ - $ 11/1/34 5,380,000 $ - $ 145,600.00 $ 455,400.00 $ 5/1/35 5,380,000 $ 170,000 $ 145,600.00 $ - $ 11/1/35 5,210,000 $ - $ 141,137.50 $ 456,737.50 $ 5/1/36 5,210,000 $ 175,000 $ 141,137.50 $ - $ 11/1/36 5,035,000 $ - $ 136,543.75 $ 452,681.25 $ 5/1/37 5,035,000 $ 185,000 $ 136,543.75 $ - $ 11/1/37 4,850,000 $ - $ 131,687.50 $ 453,231.25 $ 5/1/38 4,850,000 $ 195,000 $ 131,687.50 $ - $ 11/1/38 4,655,000 $ - $ 126,568.75 $ 453,256.25 $ 5/1/39 4,655,000 $ 205,000 $ 126,568.75 $ - $ 11/1/39 4,450,000 $ - $ 121,187.50 $ 452,756.25 $ 5/1/40 4,450,000 $ 220,000 $ 121,187.50 $ - $ 11/1/40 4,230,000 $ - $ 115,412.50 $ 456,600.00 $ 5/1/41 4,230,000 $ 230,000 $ 115,412.50 $ - $ 11/1/41 4,000,000 $ - $ 109,375.00 $ 454,787.50 $ 5/1/42 4,000,000 $ 245,000 $ 109,375.00 $ - $ 11/1/42 3,755,000 $ - $ 102,943.75 $ 457,318.75 $ 5/1/43 3,755,000 $ 255,000 $ 102,943.75 $ - $ 11/1/43 3,500,000 $ - $ 96,250.00 $ 454,193.75 $ 5/1/44 3,500,000 $ 270,000 $ 96,250.00 $ - $ 11/1/44 3,230,000 $ - $ 88,825.00 $ 455,075.00 $ 5/1/45 3,230,000 $ 285,000 $ 88,825.00 $ - $ 11/1/45 2,945,000 $ - $ 80,987.50 $ 454,812.50 $ 5/1/46 2,945,000 $ 300,000 $ 80,987.50 $ - $ 11/1/46 2,645,000 $ - $ 72,737.50 $ 453,725.00 $ 5/1/47 2,645,000 $ 320,000 $ 72,737.50 $ - $ 11/1/47 2,325,000 $ - $ 63,937.50 $ 456,675.00 $ 5/1/48 2,325,000 $ 335,000 $ 63,937.50 $ - $ 11/1/48 1,990,000 $ - $ 54,725.00 $ 453,662.50 $ 5/1/49 1,990,000 $ 355,000 $ 54,725.00 $ - $ 11/1/49 1,635,000 $ - $ 44,962.50 $ 454,687.50 $ 5/1/50 1,635,000 $ 375,000 $ 44,962.50 $ - $ 11/1/50 1,260,000 $ - $ 34,650.00 $ 454,612.50 $ 5/1/51 1,260,000 $ 395,000 $ 34,650.00 $ - $ 11/1/51 865,000 $ - $ 23,787.50 $ 453,437.50 $ 5/1/52 865,000 $ 420,000 $ 23,787.50 $ - $ 11/1/52 445,000 $ - $ 12,237.50 $ 456,025.00 $ 5/1/53 445,000 $ 445,000 $ 12,237.50 $ 457,237.50 $ Totals 6,775,000 $ 6,878,675 $ 13,653,675.00 $ Lake Emma Series 2023, Special Assessment Bonds (Assessment Area Two) (Term Bonds Combined) Amortization Schedule 10