Community Development District Adopted Budget FY2027 Highland Meadows West 1-2 3-7 8 9-10 11 12-13 14 15-16 17 Capital Reserve Fund Table of Contents General Fund General Fund Narrative Series 2019 Debt Service Fund Series 2020 A3 Debt Service Fund Series 2020 A3 Amortization Schedule Series 2020 A2 Debt Service Fund Series 2020 A2 Amortization Schedule Series 2019 Amortization Schedule Highland Meadows West Community Development District Adopted Budget General Fund Adopted Actuals Description BFuY2d0ge2t6 5/T3h1r/u26 4P rMoNjoeencxtttehds 9/TT3oh0tra/ul2 6 AFBdYu2odp0gt2ee7td IAORnstetshveeeersrnes smuRtee eIsvnnectnso um- eTea x Roll $$$ 5 8 84 ,, 47 -6628 $$$ 5 81 933,,,106727915 $$$ 3 , 2 --55 $$$ 5 81 963,,,126777975 $$$ 5 8 88 ,, 41 -6328 Total Revenues $ 593,229 $ 605,875 $ 3,255 $ 609,131 $ 596,600 Expenditures Administrative Supervisor Fees 12,000 $ 3,200 $ 4,000 $ 7,200 $ 12,000 $ Employer FICA Expense 918 $ 245 $ 306 $ 551 $ 918 $ Engineering 15,000 $ 2,290 $ 5,000 $ 7,290 $ 13,000 $ District Counsel 18,961 $ 5,546 $ 6,320 $ 11,866 $ 18,961 $ Annual Audit 3,100 $ 3,100 $ - $ 3,100 $ 3,150 $ Assessment Administration 5,408 $ 5,408 $ - $ 5,408 $ 5,408 $ Arbitrage 900 $ 450 $ 450 $ 900 $ 900 $ Dissemination 6,489 $ 4,326 $ 2,163 $ 6,489 $ 6,813 $ Trustee Fees 11,141 $ 10,663 $ 479 $ 11,141 $ 11,141 $ Management Fees 46,350 $ 30,900 $ 15,450 $ 46,350 $ 48,668 $ Information Technology 1,947 $ 1,298 $ 649 $ 1,947 $ 2,044 $ Website Maintenance 1,298 $ 865 $ 433 $ 1,298 $ 1,363 $ Postage & Delivery 970 $ 489 $ 323 $ 812 $ 970 $ Office Supplies 500 $ 2 $ 167 $ 169 $ 500 $ Copies 500 $ 99 $ 167 $ 266 $ 500 $ Insurance 7,626 $ 7,029 $ - $ 7,029 $ 7,732 $ Legal Advertising 2,500 $ 1,884 $ 616 $ 2,500 $ 2,500 $ Other Current Charges 972 $ 258 $ 180 $ 438 $ 972 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Subtotal Administrative 136,754 $ 78,227 $ 36,702 $ 114,929 $ 137,715 $ 1 Highland Meadows West Community Development District Adopted Budget General Fund Adopted Actuals Description BFuY2d0ge2t6 5/T3h1r/u26 4P rMoNjoeencxtttehds 9/TT3oh0tra/ul2 6 AFBdYu2odp0gt2ee7td Operations & Maintenance Property Insurance 7,907 $ 4,878 $ - $ 4,878 $ 4,634 $ Field Management 10,300 $ 6,867 $ 3,433 $ 10,300 $ 10,815 $ Interlocal Amenity Agreement 104,336 $ 104,336 $ - $ 104,336 $ 102,301 $ Landscape Maintenance 57,938 $ 38,553 $ 19,352 $ 57,905 $ 64,416 $ Landscape Replacement 18,000 $ 12,665 $ 5,335 $ 18,000 $ 18,000 $ Right of Way Tree Inspections 10,625 $ 7,083 $ 3,542 $ 10,625 $ 11,156 $ Right of Way Tree Replacements 133,000 $ - $ 44,333 $ 44,333 $ 133,000 $ Streetlights 22,869 $ 12,420 $ 6,400 $ 18,820 $ 22,869 $ Electric 7,928 $ 4,765 $ 2,800 $ 7,565 $ 9,500 $ Water & Sewer 5,940 $ 1,363 $ 1,400 $ 2,763 $ 5,940 $ Sidewalk & Asphalt Maintenance 2,500 $ - $ 833 $ 833 $ 2,500 $ Irrigation Repairs 6,000 $ 972 $ 1,200 $ 2,172 $ 6,000 $ General Repairs & Maintenance 18,000 $ 3,486 $ 14,514 $ 18,000 $ 18,000 $ Janitorial 3,600 $ 2,080 $ 1,280 $ 3,360 $ 4,200 $ Pest Control - $ - $ - $ - $ 1,600 $ Holiday Decorations 6,500 $ 6,500 $ - $ 6,500 $ 6,500 $ Reserve Study - $ - $ - $ - $ 6,500 $ Contingency 7,500 $ 5 $ 7,495 $ 7,500 $ 7,500 $ Subtotal Operations & Maintenance 422,942 $ 205,973 $ 111,918 $ 317,890 $ 435,431 $ Other Expenditures Capital Reserves 33,533 $ - $ 33,533 $ 33,533 $ 23,454 $ Total Other Expenditures 33,533 $ - $ 33,533 $ 33,533 $ 23,454 $ Total Expenditures 593,229 $ 284,200 $ 182,153 $ 466,352 $ 596,600 $ Excess Revenues/(Expenditures) - $ 321,676 $ (178,897) $ 142,778 $ - $ Net Assessments $588,462 Add: Discounts & Collections 7% $44,293 Gross Assessments $632,755 Assessable Units 442 Per Unit Gross Assessment $1,431.57 Prior Year Per Unit Gross Assessment $1,431.57 Increase (Decrease) $0.00 % Increase 0.00% 2 Highland Meadows West Community Development District General Fund Budget Revenues: Assessments The District will levy a non-ad valorem assessment on all the assessable property p ay for operating expenditures during the fiscal year. within the District to Interest Income Represents interest earnings from funds held in the District’s operating accounts. Expendi tures: General & Administrative: Supervisor Fees $C1h2ap,0t0e0r 1p9e0r ,y Felaorr ipdaai dS ttaot uetaecsh, aSlulopwersv fiosor re afocrh tBhoea trimd me demevboetre dto t ore Dceisitvreic $t2 b0u0s ipneers ms aenedti nmge, entoint gtos .e xceed Employer FICA Expense cRoemprpeesnesnattsi othne. Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors Engineering adTtihtreee ncDtdiesadtnr bciceyt 'tash needn B gopinareerdepr ao,r fDa Setiuwopnbe erfrvorirys o Emrnso ganinnthdele ytrh iebn ogD,a iprsdrtro ivmcitde Meestai ngneagngse,e rrr.ae lv eienwgi nienevroinicge ss earvnidc evsa troi othues Dpirsotrjeicctt,s e .ags., District Counsel dTatihtreee ncDtdeiasdnt rbciecyt t'ashn elde B gpoarlae rcpdoa uornaf stSieuol,pn Ke friolvirni ssmokreis eV atainnndg Wsth, yepk rD,e PipsLatrLriaCctt,i poMnrao navnaidgdee srr e.g veinewer aolf l eaggarle esemrevnictess, rteos tohleu tDioisntsr,i cett,c e. .ags., AfoTonnhr ne at unhDa eailss nAten r usiucdeatir tlvi bsi caresesiqs. u. Tirheed D biyst Frilcotr iisd cau Srtraetnuttleys c toon atrrarcatnegde w foitrh a Dni Binadretopleonmdeeon,t M acuBdeite o, Hf aitrst lfeinya &n cBiaarl nreesc,o Pr.dAs. aATdshsmee siDnsimisstet renirct ttA hhdeam sc iocnloilsentctrtraiaotcinot enod f nwointh-a Gdo vvaelronrmemen atsasle Mssamnaegnet mone natll Saesrsveiscseasb-Clee pnrtroaple Frltoyr widiath, LinL Cth, eto D liesvtryi catn. d Arbitrage TDhiset rDicits’ts r Aicrtb witrilalg ceo Rnetrbaactte wLiiatbhi laitny ionnd ietps eSnedrieenst 2 c0e1r9ti,f Sieedr iepsu 2b0li2c 0a Acc2o &un Stearnite st o2 0a2n0n uAa3l lbyo cnadlsc.u late the 3 Highland Meadows West Community Development District General Fund Budget tSDTrheehielsreassi teeeDems sis s2 ietnt0ror av2i acti0ictdo eAidnssi2 .tr ieaoqnnudai lrS reeedrpi beosyr t2tihn0eg2 0Sre eAqc3uu ribrioteynm adensn.d tG sEo fxvocerhr uannnmgreaent Cetodaml b Momanindsas iigsoesnum eteosn .c Tto Shmeisrp vclyioc swets ii-tsCh be Rnaustrelead l1 uF5plcoo2rni-d1 ta2h,(e Lb SL)e(C5r,i )pe wsr o2hv0iic1dh9e s, T Rreupsrteesee Fnetes sc ost incurred by the District for trustee related expenses. Management Fees p nTArohgetre pe Daelirmmiasettirtinoeictdn tw , ratietlolhc , fe iGinrvoeaevcnsoec rrMidnalaim nrngeea npgtoaearnmlt dsMe ,n aattrnn, anaAngucseaccmlor aiuepunntdtitoii nStnseg ,r eaovtnifcc d.e b sAo-Cadremdni tnrmiaslet rFealtotinirvgieds a,s ,e aLrdLvmCic. ieTnshi saets rs aeptriavvreitc eossfe iarnv cMilcuaedns,ea gbbeuumtd aegrneett t IRfaonhnerfedpo sm rresmee essreaeevttrnieivnotrisgnsc s,v e T,pas Aeo.r cdisohiotunbiosve lec,o oMpgsayit cy or iofm sinopfflote rmOmfefaincttieao,t neio ttcne.c Gahnondvo eplorrngomyg rfeoanrmt atmhl eMin Dagin sfaotrgrie cfmrt aseuundct h pS raeosrt vveiiccdeteisoo-nC c,e oannctcfreoarule Fnnltcoiinrngigd s,a oc, lfLotLwuCda, r spetr,o otravabigdleee tss Website Maintenance fG Rwiroeietpvhwer erCanshlelma nmpettasne ittnrah t1lee M8 nc9aoa,nsn Ftcaslego a,er usimdspoaedc naSittat eaStseteu,dr dtv weoiscci.etu Thsm- hmCeeensonentt iusrteaporllr voFinialcogder ssai, d nihnado,c smLlutLiadnCiegn, ptsaairntioendv i pndidegoer mtfsoh atrehim nDe asriesnet ncsreeeic wratvs’asiscl ewse,ss ews.b mesbeitnseit tsce,r sebeaactceukdrui itpnys ,aa ecntcdco . rdance Postage & Delivery T cohrer eDspisotnridcet nicnec, uertsc . charges for mailing of Board meeting agenda packages, overnight deliveries, Office Supplies lA anbye lssu, pppaplieers cthliapts m, eatcy. need to be purchased during the fiscal year, e.g., paper, minute books, file folders, Copies e Ptrcin. ting agenda materials for board meetings, printing of computerized checks, stationary, envelopes, Insurance ITnhseu Drainstcreic At’lsli gaenncee r(aFlI lAia)b. FilIiAty s apnedc ipaulibzelisc ionf fpicrioavl’isd ilinagb iinlistyu rinansucera cnocvee croagvee rtaog geo ivs eprrnomviednetda lb ayg tehnec iFelso.r ida 4 Highland Meadows West Community Development District General Fund Budget Legal Advertising The District is required to advertise various notices for monthly Board meetings, public a newspaper of general circulation. hearings, etc. in BOathnekr cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the year. Dues, Licenses & Subscriptions $T1h7e5 D. iTsthriisc ti si sth ree qounilrye edx ptoe npsaey u annd earn tnhuias lc faetee gtoor yth feo rF tlohrei dDais Dtreicpta. rtment of Economic Opportunity for Operations & Maintenance: Property Insurance i Tnh per Doivsitdriinctg’ si npsruorpaenrctey cinosvuerraangcee t oco gvoevreargnem ise nptraolv aidgeedn cbieys t.h e Florida Insurance Alliance (FIA). FIA specializes Field Management RDMcooweiasnpnnttrraereiagrcs ctepe tmnhostrouessnnc ,th etmh Sceoaea sncrll voistlis oacatnernsis ddno-s Cgfec emcaonopfa tneurit latsriala.l inF ct dyltoi narlgciadc ksaoee,u rLnvmLtiCsca,e.i nasSt tetterhenvnaaitdcn e pcBsreo o.p avrTrioddhv eemi dsoeeene dsts iiietnnergcv lsfiui ceadelndesd om arnreasecni etaepigv rieenom svapinedendect drt ioe osfbn pcysoo , nnGmdtore vtaeoect tripnsnr gmfoosp erwe ntrithttahyel Interlocal Amenity Agreement T bDuhisdet grDiecitst ot(r fCi DcDta Dhv)ae snfo perno ttrhet reRe oudas aedn So Iofn utthteher liCor DcaaDml .A engriteye mfaecinlitt wieist.h T Dhaisv econspto irst bRaosaedd S oonu t5h2 C%o mofm tuhnei toyv eDreavlel laompmeneintyt Landscape Maintenance R iInnescpt. arteolls apetrinootnvs iodthfe e lta hnmedsaseicn sateperenv aimcneacset.e roifa lt hhea sl abnedensc caopminpgl ewteidth. iTnh teh De isctormictm hoans caorenatrsa octfe tdh we iDthis Ptrriicntc ea f&te rS otnhse, LandscDaepsec rMipatiinotne nance $ M A m o n o 5tuh,3nly6t 8 $A A m n6n4ou,u4an1lt 6 LRDaeisnptdrresiccstae hpnaets sR ctehopenla tercsaetcmitmeedna ttwe dit hc oPsrti nocf er &ep Slaocnisn,g I nlac.n tdos pcaropvinidge w thitehsien stehrev iccoems. mon areas of the District. The 5 Highland Meadows West Community Development District General Fund Budget Right of Way Tree Inspections Represents cost associated with inspections of vegetated verge abutting residential sprcetoracomfopfm rewdrueitlnydl i i ocndawsetpincoeelnacrtr sw at ahtiriteohe na fpsrare,i olaicpn,o pegorh trtoody t imoongwaartinnaeep tarhinsi/n,s da ptonreecdcuet csimoo ineonnsr a dtc wilcnaoiactrkhtde oa wHfn maictiehna w ielnasitn tehCdn isHatcynaa icpnceeeo, sdrs eeeCpr ivtocyiorc tlmea t noppd rlHiosaOcvnaiAcdp el efeo or tossrstr . e aidnnfif nf,c oaacrnsoceceoesmr sdw.e iFhnnietae rtoldeef Right of Way Tree Replacements ohRroedmpirneeassn eicnnet ssc. acsoesst washseorcei arteesdi dwenitthia tl rpeero rpeeprltayc eomwennetrss whaitvhein n tohte c ovmegpeltiaetde dw vitehr gHea ainbeust tCinitgy rleasniddescnatpiael Streetlights DReisptrreicste Bnotsu snedravriiceess. f rom Duke Energy and the cost to maintain streetlights currently in place within the Electric Rareeparse tshernotus gsheorvuitc tehse f rDoimst rDicutk. e Energy that provide current and estimated electric charges of common Water & Sewer tRherporuegsheonutst tchuer rDeinsttr iacnt dp reosvtiidmeadt ebdy Ccoitsyt so ff Hora iwneast eCri tayn. d refuse services provided for common areas Sidewalk & Asphalt Maintenance Represents cost to repair and maintain sidewalk, which includes asphalt cost. Irrigation Repairs iRreripgraetsioennt ws tehlles .c Tohsti so sf emrvaiicnet aisin pinrogv aindded r ebpya Pirriinngc eth aen idr rSiognatsi.o n system. This includes the sprinklers, and G Reenperreasle Rnetsp aesirtsim &a Mteadi nctoesntas nfocer general repairs and maintenance of the District’s common areas. 6 Highland Meadows West Community Development District General Fund Budget Janitorial Services Represents estimated costs to provide janitorial services and supplies for the District’s Services are provided by Clean Star Services of Central Florida. field facilities. DDoogMg B aPaialg rDT kRre oaTsslcrlhra Ri spCehtop iClollaoenclc leteimcotneiTon ontts a l $$$$ M A m o n o t uh 123n l5005yt0 000 $$$$A A m n no 124 u u,,,6224an0000lt 0000 Pest Control Represents anticipated costs associated with pest control services for the District’s amenity facilities. Holiday Decorations The District will incur costs to related to the decoration of common areas during the Holidays. Reserve Study RDeisptrreicste’sn tcsa pthitea le astsismetast eadn dco tsot atsos cisotn idnu pclta an nreinsge rfvoer fsututudrye t roe epvaairlu aantde rthepe lcaocnemdietinotn f uanndd iunsge nfuele ldifse. of the Contingency Represents funds allocated for unforeseen amenity-related expenses during the fiscal year. Other Expenditures Capital Reserve Estimated funds to be transferred to the Capital Reserve funds for any capital outlay expenses. 7 Highland Meadows West Community Development District Adopted Budget Series 2019 Debt Service Fund Adopted Actual Projected Description BFuY2d0ge2t6 5/T3h1r/u26 4 MNoenxtths P9r/oT3jhe0rc/ut2e6d AFBdYu2odp0gt2ee7td Revenues ICAnastsreerrsyes Fsmto eIrnnwctasormde Surplus $$$ 2329 288,,,590285146 $$$ 33 021120,,,793154077 $$$ 1,7 --25 $$$ 33 021122,,,790157072 $$$ 3322 026,,,150263446 Total Revenues $ 629,561 $ 635,014 $ 1,725 $ 636,739 $ 648,724 Expenditures IIPnnrttineerrceeipssatt l-- -15 1/111//11 $$$ 111000079,,,023015069 $$$ 111000079,,,023015069 $$$ --- $$$ 111000079,,,023015069 $$$ 111000557,,,002059016 Total Expenditures $ 316,575 $ 316,575 $ - $ 316,575 $ 317,347 Excess Revenues/(Expenditures) $ 312,986 $ 318,439 $ 1,725 $ 320,164 $ 331,377 Interest Expense 11/1/27 $ 105,091 Principal Expense 11/1/27 $ 110,000 Total $ 215,091 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit Single Family 226666 $$ 332222,,552244 $ 1,212 $ 1,304 8 Highland Meadows West Community Development District Series 2019 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/26 4,405,000.00 $ 105,000.00 $ 107,256.25 $ 319,512.50 $ 05/01/27 4,300,000.00 $ - $ 105,090.63 $ 11/01/27 4,300,000.00 $ 110,000.00 $ 105,090.63 $ 320,181.25 $ 05/01/28 4,190,000.00 $ - $ 102,821.88 $ 11/01/28 4,190,000.00 $ 110,000.00 $ 102,821.88 $ 315,643.75 $ 05/01/29 4,080,000.00 $ - $ 100,553.13 $ 11/01/29 4,080,000.00 $ 115,000.00 $ 100,553.13 $ 316,106.25 $ 05/01/30 3,965,000.00 $ - $ 98,181.25 $ 11/01/30 3,965,000.00 $ 120,000.00 $ 98,181.25 $ 316,362.50 $ 05/01/31 3,845,000.00 $ - $ 95,256.25 $ 11/01/31 3,845,000.00 $ 125,000.00 $ 95,256.25 $ 315,512.50 $ 05/01/32 3,720,000.00 $ - $ 92,209.38 $ 11/01/32 3,720,000.00 $ 135,000.00 $ 92,209.38 $ 319,418.75 $ 05/01/33 3,585,000.00 $ - $ 88,918.75 $ 11/01/33 3,585,000.00 $ 140,000.00 $ 88,918.75 $ 317,837.50 $ 05/01/34 3,445,000.00 $ - $ 85,506.25 $ 11/01/34 3,445,000.00 $ 145,000.00 $ 85,506.25 $ 316,012.50 $ 05/01/35 3,300,000.00 $ - $ 81,971.88 $ 11/01/35 3,300,000.00 $ 155,000.00 $ 81,971.88 $ 318,943.75 $ 05/01/36 3,145,000.00 $ - $ 78,193.75 $ 11/01/36 3,145,000.00 $ 160,000.00 $ 78,193.75 $ 316,387.50 $ 9 05/01/37 2,985,000.00 $ - $ 74,293.75 $ 11/01/37 2,985,000.00 $ 170,000.00 $ 74,293.75 $ 318,587.50 $ 05/01/38 2,815,000.00 $ - $ 70,150.00 $ 11/01/38 2,815,000.00 $ 175,000.00 $ 70,150.00 $ 315,300.00 $ 05/01/39 2,640,000.00 $ - $ 65,884.38 $ 11/01/39 2,640,000.00 $ 185,000.00 $ 65,884.38 $ 316,768.75 $ 05/01/40 2,455,000.00 $ - $ 61,375.00 $ 11/01/40 2,455,000.00 $ 195,000.00 $ 61,375.00 $ 317,750.00 $ 05/01/41 2,260,000.00 $ - $ 56,500.00 $ 11/01/41 2,260,000.00 $ 205,000.00 $ 56,500.00 $ 318,000.00 $ 05/01/42 2,055,000.00 $ - $ 51,375.00 $ 11/01/42 2,055,000.00 $ 215,000.00 $ 51,375.00 $ 317,750.00 $ 05/01/43 1,840,000.00 $ - $ 46,000.00 $ 11/01/43 1,840,000.00 $ 225,000.00 $ 46,000.00 $ 317,000.00 $ 05/01/44 1,615,000.00 $ - $ 40,375.00 $ 11/01/44 1,615,000.00 $ 235,000.00 $ 40,375.00 $ 315,750.00 $ 05/01/45 1,380,000.00 $ - $ 34,500.00 $ 11/01/45 1,380,000.00 $ 250,000.00 $ 34,500.00 $ 319,000.00 $ 05/01/46 1,130,000.00 $ - $ 28,250.00 $ 11/01/46 1,130,000.00 $ 260,000.00 $ 28,250.00 $ 316,500.00 $ 05/01/47 870,000.00 $ - $ 21,750.00 $ 11/01/47 870,000.00 $ 275,000.00 $ 21,750.00 $ 318,500.00 $ 05/01/48 595,000.00 $ - $ 14,875.00 $ 11/01/48 595,000.00 $ 290,000.00 $ 14,875.00 $ 319,750.00 $ 05/01/49 305,000.00 $ - $ 7,625.00 $ 11/01/49 305,000.00 $ 305,000.00 $ 7,625.00 $ 320,250.00 $ 4,405,000.00 $ 3,110,568.75 $ 7,622,825.00 $ 10 Highland Meadows West Community Development District Adopted Budget Series 2020 A2 Debt Service Fund Adopted Actual Description BFuY2d0ge2t6 5/T3h1r/u26 4P rMoNjoeencxtttehds 9/TT3oh0tr/au2l6 AFBdYu2odp0gt2ee7td ICARnsaetsrveerersynes Fsmutoe eIrsnnwctasormde Surplus $$$ 1 58 783,,,605286576 $$$ 1 58 784,,,896133705 $$$ 7 --73 $$$ 1 58 785,,,894130708 $$$ 1 59 742,,,607210504 Total Revenues $ 249,277 $ 251,382 $ 773 $ 252,154 $ 254,339 Expenditures IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 446566,,,055077022 $$$ 446566,,,055077022 $$$ --- $$$ 446566,,,055077022 $$$ 446555,,,055011066 Total Expenditures $ 158,144 $ 158,144 $ - $ 158,144 $ 156,031 Excess Revenues/(Expenditures) $ 91,133 $ 93,238 $ 773 $ 94,010 $ 98,308 Interest Expense 11/1/27 $ 44,459 Total $ 44,459 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit Single Family 113300 $$ 115577,,662255 $ 1,212 $ 1,304 11 Highland Meadows West Community Development District Series 2020 A2 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/26 2,415,000.00 $ - $ 45,515.63 $ 157,087.50 $ 05/01/27 2,415,000.00 $ 65,000.00 $ 45,515.63 $ 11/01/27 2,350,000.00 $ - $ 44,459.38 $ 154,975.00 $ 05/01/28 2,350,000.00 $ 65,000.00 $ 44,459.38 $ 11/01/28 2,285,000.00 $ - $ 43,403.13 $ 152,862.50 $ 05/01/29 2,285,000.00 $ 70,000.00 $ 43,403.13 $ 11/01/29 2,215,000.00 $ - $ 42,265.63 $ 155,668.75 $ 05/01/30 2,215,000.00 $ 70,000.00 $ 42,265.63 $ 11/01/30 2,145,000.00 $ - $ 41,128.13 $ 153,393.75 $ 05/01/31 2,145,000.00 $ 75,000.00 $ 41,128.13 $ 11/01/31 2,070,000.00 $ - $ 39,909.38 $ 156,037.50 $ 05/01/32 2,070,000.00 $ 75,000.00 $ 39,909.38 $ 11/01/32 1,995,000.00 $ - $ 38,550.00 $ 153,459.38 $ 05/01/33 1,995,000.00 $ 80,000.00 $ 38,550.00 $ 11/01/33 1,915,000.00 $ - $ 37,100.00 $ 155,650.00 $ 05/01/34 1,915,000.00 $ 80,000.00 $ 37,100.00 $ 11/01/34 1,835,000.00 $ - $ 35,650.00 $ 152,750.00 $ 05/01/35 1,835,000.00 $ 85,000.00 $ 35,650.00 $ 11/01/35 1,750,000.00 $ - $ 34,109.38 $ 154,759.38 $ 05/01/36 1,750,000.00 $ 90,000.00 $ 34,109.38 $ 11/01/36 1,660,000.00 $ - $ 32,478.13 $ 156,587.50 $ 12 05/01/37 1,660,000.00 $ 90,000.00 $ 32,478.13 $ 11/01/37 1,570,000.00 $ - $ 30,846.88 $ 153,325.00 $ 05/01/38 1,570,000.00 $ 95,000.00 $ 30,846.88 $ 11/01/38 1,475,000.00 $ - $ 29,125.00 $ 154,971.88 $ 05/01/39 1,475,000.00 $ 100,000.00 $ 29,125.00 $ 11/01/39 1,375,000.00 $ - $ 27,312.50 $ 156,437.50 $ 05/01/40 1,375,000.00 $ 100,000.00 $ 27,312.50 $ 11/01/40 1,275,000.00 $ - $ 25,500.00 $ 152,812.50 $ 05/01/41 1,275,000.00 $ 105,000.00 $ 25,500.00 $ 11/01/41 1,170,000.00 $ - $ 23,400.00 $ 153,900.00 $ 05/01/42 1,170,000.00 $ 110,000.00 $ 23,400.00 $ 11/01/42 1,060,000.00 $ - $ 21,200.00 $ 154,600.00 $ 05/01/43 1,060,000.00 $ 115,000.00 $ 21,200.00 $ 11/01/43 945,000.00 $ - $ 18,900.00 $ 155,100.00 $ 05/01/44 945,000.00 $ 120,000.00 $ 18,900.00 $ 11/01/44 825,000.00 $ - $ 16,500.00 $ 155,400.00 $ 05/01/45 825,000.00 $ 125,000.00 $ 16,500.00 $ 11/01/45 700,000.00 $ - $ 14,000.00 $ 155,500.00 $ 05/01/46 700,000.00 $ 130,000.00 $ 14,000.00 $ 11/01/46 570,000.00 $ - $ 11,400.00 $ 155,400.00 $ 05/01/47 570,000.00 $ 135,000.00 $ 11,400.00 $ 11/01/47 435,000.00 $ - $ 8,700.00 $ 155,100.00 $ 05/01/48 435,000.00 $ 140,000.00 $ 8,700.00 $ 11/01/48 295,000.00 $ - $ 5,900.00 $ 154,600.00 $ 05/01/49 295,000.00 $ 145,000.00 $ 5,900.00 $ 11/01/49 150,000.00 $ - $ 3,000.00 $ 153,900.00 $ 05/01/50 150,000.00 $ 150,000.00 $ 3,000.00 $ 153,000.00 $ 2,540,000.00 $ 1,528,718.75 $ 4,177,015.63 $ 13 Highland Meadows West Community Development District Adopted Budget Series 2020 A3 Debt Service Fund Adopted Actual Projected Description BFuY2d0ge2t6 5/T3h1r/u26 4 MNoenxtths P9r/oT3jhe0rc/ut2e6d AFBdYu2odp0gt2ee7td ICARnsaetsrveerersynes Fsmutoe eIrsnnwctasormde Surplus $$$ 35 581,,,373177570 $$$ 35 581,,,688341364 $$$ 3 --02 $$$ 35 582,,,681341366 $$$ 45 451,,,470775578 Total Revenues $ 95,462 $ 96,293 $ 302 $ 96,595 $ 101,310 Expenditures IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 112066,,,000055099 $$$ 112066,,,000055099 $$$ --- $$$ 112066,,,000055099 $$$ 112055,,,077033044 Total Expenditures $ 52,119 $ 52,119 $ - $ 52,119 $ 51,469 Excess Revenues/(Expenditures) $ 43,343 $ 44,174 $ 302 $ 44,477 $ 49,841 Interest Expense 11/1/27 $ 15,409 Total $ 15,409 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit Single Family 4466 $$ 5555,,777755 $ 1,212 $ 1,304 14 Highland Meadows West Community Development District Series 2020 A3 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/26 835,000.00 $ - $ 15,734.38 $ 51,793.75 $ 05/01/27 835,000.00 $ 20,000.00 $ 15,734.38 $ 11/01/27 815,000.00 $ - $ 15,409.38 $ 51,143.75 $ 05/01/28 815,000.00 $ 25,000.00 $ 15,409.38 $ 11/01/28 790,000.00 $ - $ 15,003.13 $ 55,412.50 $ 05/01/29 790,000.00 $ 25,000.00 $ 15,003.13 $ 11/01/29 765,000.00 $ - $ 14,596.88 $ 54,600.00 $ 05/01/30 765,000.00 $ 25,000.00 $ 14,596.88 $ 11/01/30 740,000.00 $ - $ 14,190.63 $ 53,787.50 $ 05/01/31 740,000.00 $ 25,000.00 $ 14,190.63 $ 11/01/31 715,000.00 $ - $ 13,784.38 $ 52,975.00 $ 05/01/32 715,000.00 $ 25,000.00 $ 13,784.38 $ 11/01/32 690,000.00 $ - $ 13,331.25 $ 52,115.63 $ 05/01/33 690,000.00 $ 25,000.00 $ 13,331.25 $ 11/01/33 665,000.00 $ - $ 12,878.13 $ 51,209.38 $ 05/01/34 665,000.00 $ 30,000.00 $ 12,878.13 $ 11/01/34 635,000.00 $ - $ 12,334.38 $ 55,212.50 $ 05/01/35 635,000.00 $ 30,000.00 $ 12,334.38 $ 11/01/35 605,000.00 $ - $ 11,790.63 $ 54,125.00 $ 05/01/36 605,000.00 $ 30,000.00 $ 11,790.63 $ 11/01/36 575,000.00 $ - $ 11,246.88 $ 53,037.50 $ 05/01/37 575,000.00 $ 30,000.00 $ 11,246.88 $ 11/01/37 545,000.00 $ - $ 10,703.13 $ 51,950.00 $ 05/01/38 545,000.00 $ 35,000.00 $ 10,703.13 $ 11/01/38 510,000.00 $ - $ 10,068.75 $ 55,771.88 $ 15 05/01/39 510,000.00 $ 35,000.00 $ 10,068.75 $ 11/01/39 475,000.00 $ - $ 9,434.38 $ 54,503.13 $ 05/01/40 475,000.00 $ 35,000.00 $ 9,434.38 $ 11/01/40 440,000.00 $ - $ 8,800.00 $ 53,234.38 $ 05/01/41 440,000.00 $ 35,000.00 $ 8,800.00 $ 11/01/41 405,000.00 $ - $ 8,100.00 $ 51,900.00 $ 05/01/42 405,000.00 $ 40,000.00 $ 8,100.00 $ 11/01/42 365,000.00 $ - $ 7,300.00 $ 55,400.00 $ 05/01/43 365,000.00 $ 40,000.00 $ 7,300.00 $ 11/01/43 325,000.00 $ - $ 6,500.00 $ 53,800.00 $ 05/01/44 325,000.00 $ 40,000.00 $ 6,500.00 $ 11/01/44 285,000.00 $ - $ 5,700.00 $ 52,200.00 $ 05/01/45 285,000.00 $ 45,000.00 $ 5,700.00 $ 11/01/45 240,000.00 $ - $ 4,800.00 $ 55,500.00 $ 05/01/46 240,000.00 $ 45,000.00 $ 4,800.00 $ 11/01/46 195,000.00 $ - $ 3,900.00 $ 53,700.00 $ 05/01/47 195,000.00 $ 45,000.00 $ 3,900.00 $ 11/01/47 150,000.00 $ - $ 3,000.00 $ 51,900.00 $ 05/01/48 150,000.00 $ 50,000.00 $ 3,000.00 $ 11/01/48 100,000.00 $ - $ 2,000.00 $ 55,000.00 $ 05/01/49 100,000.00 $ 50,000.00 $ 2,000.00 $ 11/01/49 50,000.00 $ - $ 1,000.00 $ 53,000.00 $ 05/01/50 50,000.00 $ 50,000.00 $ 1,000.00 $ 51,000.00 $ 835,000.00 $ 463,212.50 $ 1,334,271.88 $ 16 Adopted Actual BFuY2d0ge2t6 5/T3h1r/u26 4Pr MoNjoeencxtttehds 9/TT3oh0tr/au2l6 AFBdYu2odp0gt2ee7td Revenues ICnatrerrye Fstorward Surplus $$ 1 4 6 2,,203735 $$ 1 5 6 3,,748861 $$ 1 ,7 -40 $$ 1 5 6 5,,728261 $$ 1 9 5 2,,564101 Total Revenues $ 148,308 $ 160,266 $ 1,740 $ 162,007 $ 198,150 Expenditures Capital Outlay $ - $ - $ - $ - $ - Total Expenditures $ - $ - $ - $ - $ - Other Financing Sources/(Uses) Transfer In/(Out) $ 33,533 $ - $ 33,533 $ 33,533 $ 23,454 Total Other Financing Sources/(Uses) $ 33,533 $ - $ 33,533 $ 33,533 $ 23,454 Excess Revenues/(Expenditures) $ 181,841 $ 160,266 $ 35,274 $ 195,540 $ 221,604 Highland Meadows West Community Development District Adopted Budget Capital Reserve Fund 17