Adopted Budget
Fiscal Year 2023

Lake Ashton II Community Development District

August 19, 2022

Lake Ashton II
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1-2
Narrative-Administrative	Page 3
Narrative-Field	Page 4

Capital Projects Fund
Budget	Page 5

Debt Service Fund
Budget - Series 2021	Page 6
Amortization Schedule - 2021	Page 7

Budget - Series 2022	Page 8
Amortization Schedule - 2022	Page 9

Lake Ashton II		
Community Development District										General Fund	
		Adopted		Actual		Projected		Total		Adopted	
		Budget		Thru		Next		Projected		Budget	
 Description				FY 2022				7/31/22				2 Months				9/30/22				FY 2023		
REVENUES:											
Special Assessments - Tax Collector		$1,649,343		$1,668,027		($17,630)		$1,650,397		$1,639,641	
Interest Earned		$750		$2,206		$441		$2,647		$750	
Rental Fees		$1,000		$150		$0		$150		$1,000	
Security Guard Revenue		$0		$2,594		$0		$2,594		$0	
Table Rentals		$0		$1,373		$0		$1,373		$0	
Off Duty Officer Revenue		$0		$102		$0		$102		$0	
Ice Cream Social		$0		$772		$0		$772		$0	
Contributions		$0		$49,522		$0		$49,522		$0	
HFC Revenues		$0		$17,936		$3,587		$21,523		$0	
Carry Forward Surplus		$136,916		$167,195		$0		$167,195		$277,472	
 TOTAL REVENUES				$1,788,010 			$1,909,876 			($13,602) 			$1,896,275 			$1,918,863 	
EXPENDITURES:											
ADMINISTRATIVE											
Arbitrage Consultant		$1,200		$600		$600		$1,200		$1,200	
Annual Audit		$5,050		$0		$8,000		$8,000		$8,000	
Boundary Amendment		$45,000		$2,315		$0		$2,315		$0	
Computer Time		$1,000		$833		$167		$1,000		$1,000	
Dissemination Agent		$6,500		$3,500		$0		$3,500		$6,500	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
Insurance		$12,730		$12,568		$0		$12,568		$15,764	
Legal Advertising		$1,500		$3,550		$538		$4,088		$2,050	
Management Fees		$61,800		$51,500		$10,300		$61,800		$64,890	
Office Supplies		$250		$395		$79		$474		$675	
Other Current Charges		$2,700		$1,807		$361		$2,169		$2,500	
Postage		$2,000		$1,285		$257		$1,542		$2,000	
Copies		$1,000		$23		$250		$273		$500	
Telephone		$50		$0		$25		$25		$50	
Trustee Fees		$10,600		$4,310		$6,573		$10,883		$11,000	
 TOTAL ADMINISTRATIVE EXPENDITURES				$151,555 			$82,862 			$27,150 			$110,012 			$116,304 	

Lake Ashton II											
Community Development District										General Fund	
		Adopted		Actual		Projected		Total		Adopted	
		Budget		Thru		Next		Projected		Budget	
 Description				FY 2022				7/31/22				2 Months				9/30/22				FY 2023		
FIELD EXPENDITURES											
Attorney	$40,000	$26,453	$8,818	$35,271	$40,000	
Building Contract Services						
Security Services-Alarm/Fire Systems Only	$7,200	$5,052	$1,590	$6,642	$7,200	
Cleaning Services	$28,320	$23,600	$4,720	$28,320	$28,320	
Pool Maintenance
Building/Grounds Maintenance Supplies Building/Maintenance Supplies	$8,400
$30,363	$8,008
$14,553	$1,237
$2,911	$9,244
$17,464	$8,400
$30,363	
Grounds Maintenance/Supplies	$7,897	$762	$152	$914	$7,897	
Building/Maintenance-Golf Course	$0	$280	$56	$336	$2,500	
Grounds Maintenance-Golf Course	$0	$3,995	$799	$4,794	$7,500	
Maintenance-Dog Park	$0	$196	$250	$446	$2,500	
Maintenance-Pickleball Courts 1 and 2	$0	$193	$250	$443	$2,500	
Maintenance-Pickleball Courts 3 and 4	$0	$86	$250	$336	$2,500	
Pest Control	$1,340	$1,261	$2	$1,263	$1,340	
Mileage	$400	$166	$150	$316	$400	
Engineering	$25,000	$42,277	$8,455	$50,732	$25,000	
HFC Special Events	$5,000	$10,387	$0	$10,387	$10,000	
Information Technology	$0	$0	$0	$0	$1,500	
Landscape Contract Services	$168,610	$127,020	$24,952	$151,972	$168,610	
Irrigation Maintenance	$2,000	$4,123	$1,000	$5,123	$2,000	
Lake Maintenance	$35,560	$28,700	$5,460	$34,160	$35,560	
Lake Maintenance-Rattlesnake Lake (Resident Funded)	$0	$13,208	$544	$13,752	$714	
Lake Maintenance-Hart Lake (Resident Funded)	$0	$28,594	$9,988	$38,582	$9,988	
Office Supplies/Printing/Binding	$13,000	$9,198	$6,570	$15,767	$13,000	
Permits/Inspections	$1,500	$6,631	$0	$6,631	$1,500	
Personnel Expenses						
Salaries	$205,900	$179,944	$35,989	$215,933	$227,857	
FICA Expense	$15,751	$13,766	$2,753	$16,519	$17,431	
Exercise Instructors	$18,000	$18,374	$3,675	$22,049	$22,500	
Health Insurance	$10,623	$7,658	$1,729	$9,387	$10,623	
Wokers Compensation Insurance	$1,824	$2,233	$0	$2,233	$2,345	
Property Insurance Security Contract Services
Gate Attendants	$25,665
$196,170	$28,522
$189,170	$0
$37,834	$28,522
$227,005	$33,646
$224,313	
Off Duty Security-Events	$0	$238	$0	$238	$0	
Security Extras	$4,000	$2,883	$577	$3,460	$4,000	
Utilities
Electric		
$135,000		
$124,335		
$25,829		
$150,164		
$155,000	
Refuse		$3,000		$3,085		$712		$3,798		$5,000	
Water		$26,000		$14,047		$3,607		$17,655		$26,000	
Telephone		$15,000		$10,283		$2,066		$12,349		$15,000	
Gas/Propane		$26,000		$31,383		$0		$31,383		$38,289	
 TOTAL FIELD EXPENDITURES				$1,057,523 			$980,664 			$192,925 			$1,173,589 			$1,191,295 	
First Quarter Operating Reserves		$243,730		$0		$0		$0		$297,824	
 TOTAL RESERVE EXPENDITURES				$243,730 			$0 			$0 			$0 			$297,824 	
OTHER SOURCES/(USES)											
Interfund Transfers In/(Out)		($335,202)		($335,202)		$0		($335,202)		($340,362)	
 TOTAL EXPENDITURES				$1,788,010 			$1,398,728 			$220,075 			$1,618,803 			$1,945,784 	
 Assigned Fund Balance				$0 			$511,148 			($233,677) 			$277,472 			($26,921) 	
											
		FY 2019		FY 2020		FY 2021		FY 2022		FY 2023	
NET ASSESSMENTS		$1,218,686		$1,218,686		$1,445,344		$1,649,343		$1,639,641	
PLUS COLLECTION FEES (7%)		$91,729		$91,729		$108,789		$124,144		$123,414	
GROSS ASSESSMENTS		$1,310,416		$1,310,416		$1,554,133		$1,773,488		$1,763,055	
NO. OF TOTAL PLANNED UNITS		680		680		680		680		676	
GOLF COURSE		15		15		0		0		0	
GROSS PER UNIT ASSESSMENT		$1,885		$1,885		$2,285		$2,608		$2,608	

LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET
FISCAL YEAR 2023

REVENUES:
Special Assessments - Tax Collector:
The District will levy a non ad-valorem special assessment on the platted property within	#36300  $1,639,641
the District and certify to the Polk County Tax Collector for collection to fund operating expenditures of the District.

Interest Earned

The District will have all excess funds invested with the State Board of Administration. The amount	#36100	$750
is based upon the estimated average balance of funds available during the fiscal year.

Rental Fees
Represents miscellaneous income received for activities held at the HCF.	#36200	$1,000

EXPENDITURES:
Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District's Series 2005A&B	#31200	$1,200
and Series 2006A&B Capital Improvement Revenue Bonds.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified	#32200	$8,000
Public Accounting Firm.

Boundary Amendment
Legal Fees and filing fees associated with amending the boudaries of the District.	#31501	$0

Computer Time

The District processes all of its financial activities, i.e., accounts payable, financial statements, etc.	#35100	$1,000
on a mainframe computer leased by Governmental Management Services.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c) (2)-12(b) (5),	#31300	$6,500
which relates to additional reporting requirements for un-rated bond issues.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175.	#54000	$175
This is the only expense under this category for the District.

Insurance

The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance.	#45000	$15,764
Florida Insurance Alliance specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc.	#48000	$2,050
in a newspaper of general circulation.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management	#34000	$64,890
Agreement with Governmental Management Services. These services are further outlined in Exhibit "A" of the Management Agreement.
Office Supplies
Miscellaneous office supplies.	#51000	$675

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.	#49000	$2,500

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.	#42000	$2,000

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks,	#42500	$500
stationary, envelopes etc.

Telephone
Telephone and fax machine.	#41000	$50

Trustee Fees

The District issued Series 2005A&B and Series 2006A&B Capital Improvement Revenue Bonds	#32300	$11,000
which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2023

Attorney

General legal services, i.e., preparation for and attendance at meetings,	#31500	$40,000 review operating and maintenance contracts. etc.

Building Contract Services
Hartline Alarm /Fire Systems	#34510	$7,200	
Cleaning - JanKing	#46010	$28,320	
Pool & Spa - Pool Sure	#46400	$8,400	

Building/Grounds Maintenance Supplies
Building - Paper goods, small repairs, chemicals/ cleaning supplies,
Small plant replacement, pool-sauna-spa parts/repairs	#46020	$30,363	
Grounds - HFC grounds, Dog Parks, Blvd, Courts	#46030	$7,897	
Florida Pest	#34800	$1,340	
Mileage	#46050	$400	

Engineering
General engineering services, i.e. attendance at and preparation for, board meetings.	#31100	$25,000

HFC Special Events

Pond and Lake Maintenance - Applied Aquatics	#46500	$35,560	
Mowing, irrigation management - Yellowstone	#46200	$168,610	
Irrigation Repairs	#46210	$2,000	

The District will have shows , dances and other events throughout the year.	#49400	$10,000 Landscape/Lake Maintenance Contracts

Office Supplies/Printing/Binding
Skedda, Google Suite, Amazon Prime, Sam's Club	#51000	$13,000 DEX - copier lease and printing costs.

Permits/Inspections
The District is required to renew permits and other inspections on an annual basis with	#49300	$1,500 the City of Winter Haven, Polk County and The State of Florida to comply with regulations.

Personnel Expenses
1099/Contract Employees	#34100	$22,500	
FICA - Employers share of Social Security and Medicare w/h from employee wages.	#21000	$17,431	
Health Insurance - Reimbursement to employees.	#23000	$10,623	
The Districts Workers Comp insurance is with SUMMIT.	#45000	$2,345	
Salaries & Wages - The District employees personnel to manage and supervise the HFC.	#12000	$227,857	

Property Insurance
The District's property insurance is with Florida Insurance Alliance (FIA). FIA specializes	#45001	$33,646 in providing insurance coverage to governmental agencies.

Security Contract Services
Gate Attendants and Roving Patrols - Securitas	#34500  $224,313
Security Extras - carts, paper copies, etc.	#34530	$4,000
Utilities
Electricity - TECO	#43000	$155,000	
Propane - Amerigas	#43100	$38,289	
Refuse - Florida Refuse	#34900	$5,000	
Telephone/Internet - Spectrum	#41000	$15,000	
Water - City of Winter Haven	#43200	$26,000	

Lake Ashton II
Community Development District								
Capital Projects	

 Description		Adopted Budget
  FY 2022			Actual Thru
  7/31/22			Projected Next
  2 Months 		Total Projected
  9/30/22		
Adopted Budget
  FY 2023		
Revenues									
(1)  Capital Reserve - Transfer In	$335,202		$335,202		$0		$335,202	$340,362	
Interest Income	$600		$1,507		$301		$1,809	$600	
Miscellaneous Income	$0		$0		$0		$0	$0	
Carry Forward Surplus	$380,441		$403,208		$0		$403,208	$276,823	
 TOTAL REVENUES			$716,243 			$739,917 			$301 			$740,219 		$617,785 	
Expenditures
Capital Projects - FY23									
Athletic Equipment	$0		$0		$0		$0	$10,000	
Walk in Freezer-Eagle's Nest	$0		$0		$0		$0	$16,000	
Chiller-Eagle's Nest	$0		$0		$0		$0	$6,500	
Kitchen Equipment	$0		$0		$0		$0	$10,000	
Landscape Replacement	$0		$0		$0		$0	$10,000	
Pool/Spa Repairs	$0		$0		$0		$0	$7,700	
Public Works-Bridges/Pathways (Roadways)	$0		$0		$0		$0	$20,000	
Pond Side Drain Repairs	$0		$0		$0		$0	$25,000	
Bridges-Clean, Seal, Repair	$0		$0		$0		$0	$10,000	
Golf Cart	$0		$0		$0		$0	$10,000	
Paint Pool Area Walls	$0		$0		$0		$0	$6,000	
Split System (Air Handler)	$0		$0		$0		$0	$50,000	
Other Capital Project Expenses	$0		$0		$0		$0	$30,000	
Roof Repairs	$0		$0		$0		$0	$234,000	
Information Technology	$0		$0		$0		$0	$1,400	
Promissory Note Payment	$0		$0		$0		$0	$139,167	
Other Current Charges - Bank Charges
Capital Projects - FY22	$0		$0		$0		$0	$800	
Athletic Equipment	$4,500		$8,006		$0		$8,006	$0	
Fitness Floor	$0		$15,370		$0		$15,370	$0	
Ice Machine	$0		$0		$0		$0	$0	
Landscape Replacement	$10,000		$23,210		$10,200		$33,410	$0	
Pool/Spa Repairs	$14,400		$16,813		$0		$16,813	$0	
Public Works-Bridges/Pathways (Roadways)	$20,000		$56,071		$13,546		$69,617	$0	
Split System (Air Handler)	$50,000		$695		$0		$695	$0	
Sports Floor	$0		$33,454		$0		$33,454	$0	
Water Heater	$0		$0		$0		$0	$0	
Other Capital Project Expenses	$30,000		$25,623		$0		$25,623	$0	
Surge Protection	$23,000		$0		$0		$0	$0	
Ashton Blvd.	$65,246		$0		$0		$0	$0	
Roof	$200,000		$4,907		$0		$4,907	$0	
Kitchen Equipment	$10,000		$0		$0		$0	$0	
Paint HFC/GS	$20,000		$18,750		$0		$18,750	$0	
Pickleball CT	$0		$1,955		$9,000		$10,955	$0	
Hole 6 Restroom	$0		$28,772		$0		$28,772	$0	
Promissory Note Payment	$142,997		$142,997		$0		$142,997	$0	
Driving Range Flume	$0		$0		$31,749		$31,749	$0	
LED Lights	$0		$9,530		$0		$9,530	$0	
Pump House Roof	$0		$0		$2,261		$2,261	$0	
4th Hole Cart Path	$0		$0		$6,885		$6,885	$0	
Pathway Flairs	$0		$2,900		$0		$2,900	$0	
Other Current Charges - Bank Charges	$600		$586		$117		$703	$0	
 TOTAL EXPENDITURES			$590,743 			$389,637 			$73,758 			$463,396 		$586,567 	
 EXCESS REVENUES			$125,500 			$350,280 			($73,457) 			$276,823 		$31,218 	

CAPITAL PROJECT FUTURE PROJECTIONS
Revenues	Fiscal Year 2023	Fiscal Year 2024	Fiscal Year 2025	Fiscal Year 2026	Fiscal Year 2027
Capital Reserves - Transfer In	$340,362	$331,853	$331,853	$331,853	$331,853 Interest Income		$600		$600		$600		$600		$600
Carry Forward Surplus	$276,823	$56,218	$124,535	($39,489)	$88,064	
 Total				$617,785 		$388,671 		$456,988		$292,964		$420,517 	
Annual Projected Expenses:							
Roadways		$0	$0	$265,760	$90,000	$207,400	
Public Works-Bridges/Pathways		$20,000	$32,000	$32,000	$32,000	$32,000	
Landscape Replacement		$10,000	$15,000	$15,000	$15,000	$15,000	
Athletic Equipment		$10,000	$8,000	$4,000	$0	$0	
Other Capital Projects		$30,000	$30,000	$30,000	$30,000	$30,000	
Golf Course Payment		$139,167	$135,336	$131,517	$0	$0	
Bank Service Charge		$800	$800	$800	$800	$800	
Specific Projects:							
Fitness Floor		$0	$0	$0	$0	$0	
Ice Machine		$0	$0	$0	$0	$0	
Pool/Spa Repairs		$7,700	$0	$3,400	$6,400	$6,400	
Split System (Air Handler)		$50,000	$0	$0	$0	$0	
Sports Floor		$0	$0	$0	$0	$0	
Water Heater		$0	$0	$0	$0	$0	
Ashton Blvd.		$0	$0	$0	$0	$0	
Roof		$234,000	$0	$0	$0	$0	
Kitchen Equipment		$10,000	$15,000	$7,500	$10,000	$1,000	
Information Technology		$1,400	$0	$6,000	$700	$0	
Paint HFC/GS		$6,000	$0	$0	$0	$0	
Eagles Nest		$22,500	$16,000	$500	$20,000	$1,000	
Bridges-Clean, Seal, Repair		$10,000	$0	$0	$0	$0	
Golf Cart		$10,000	$0	$0	$0	$0	
Tennis CT		$0	$12,000	$0	$0	$0	
Pickleball CT		$0	$0	$0	$0	$11,000	
 Total Expenditures				$561,567 		$264,136 		$496,477 		$204,900 		$304,600 	
 Excess Revenues				$56,218		$124,535		($39,489)		$88,064		$115,917 	

Page 5

NET ASSESSMENTS	$262,244.41	
PLUS COLLECTION FEES (7%)	$19,738.83	
GROSS ASSESSMENTS	$281,983.24	
NO. OF UNITS	308	
GROSS PER UNIT ASSESSMENT	$984.44	

Lake Ashton II
Community Development District	Debt Service Fund
Series 2021

 Description			Proposed Budget
	FY 2022			Actual Thru
	7/31/22			Projected Next
	2 Months		
Total Projected
	9/30/22			Adopted Budget
	FY 2023		
Revenues										
(1)	Assessments - On Roll		$283,691		$277,333		$5,982	$283,314		$281,983	
Interest Income		$5		$3		$2	$5		$25	
Carry Forward Surplus		$9,450		$9,450		$0	$9,450		$49,635	
  TOTAL REVENUES				$293,145 			$286,785 			$5,984 		$292,769 			$331,643 	
Expenditures
Series 2021										
Interest - 11/1		$9,450		$9,450		$0	$9,450		$35,886	
Interest - 5/1		$36,977		$0		$36,977	$36,977		$35,886	
Principal - 5/1		$205,000		$0		$205,000	$205,000		$210,000	
  TOTAL EXPENDITURES				$251,426 			$9,450 			$241,977 		$251,426 			$281,771 	
Other Sources/(Uses)										
Interfund Transfers In/(Out)		$8,293		$8,293		$0	$8,293		$0	
  TOTAL OTHER				$8,293 			$8,293 			$0 		$8,293 			$0 	
  EXCESS REVENUES				$50,012 			$285,628 			($235,993) 		$49,635 			$49,872 	
(1)	Maximum Annual Debt Service							11/1/2023 Interest			$34,616 	
									
FY 2023	

Lake Ashton II
Community Development District
Series 2021 Revenue Refunding Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

11/01/21	
$	3,535,000.00	
$	-	
$	9,449.59	
$	9,449.59	
05/01/22	$	3,535,000.00	$	205,000.00	$	36,976.65		
11/01/22	$	3,330,000.00	$	-	$	35,885.54	$	277,862.18	
05/01/23	$	3,330,000.00	$	210,000.00	$	35,885.54		
11/01/23	$	3,120,000.00	$	-	$	34,616.09	$	280,501.62	
05/01/24	$	3,120,000.00	$	210,000.00	$	34,616.09		
11/01/24	$	2,910,000.00	$	-	$	33,124.77	$	277,740.86	
05/01/25	$	2,910,000.00	$	215,000.00	$	33,124.77		
11/01/25	$	2,695,000.00	$	-	$	31,374.13	$	279,498.90	
05/01/26	$	2,695,000.00	$	220,000.00	$	31,374.13		
11/01/26	$	2,475,000.00	$	-	$	29,392.92	$	280,767.06	
05/01/27	$	2,475,000.00	$	225,000.00	$	29,392.92		
11/01/27	$	2,250,000.00	$	-	$	27,202.21	$	281,595.13	
05/01/28	$	2,250,000.00	$	225,000.00	$	27,202.21		
11/01/28	$	2,025,000.00	$	-	$	24,868.96	$	277,071.17	
05/01/29	$	2,025,000.00	$	230,000.00	$	24,868.96		
11/01/29	$	1,795,000.00	$	-	$	22,357.71	$	277,226.67	
05/01/30	$	1,795,000.00	$	240,000.00	$	22,357.71		
11/01/30	$	1,555,000.00	$	-	$	19,624.83	$	281,982.53	
05/01/31	$	1,555,000.00	$	245,000.00	$	19,624.83		
11/01/31	$	1,310,000.00	$	-	$	16,732.23	$	281,357.06	
05/01/32	$	1,310,000.00	$	250,000.00	$	16,732.23		
11/01/32	$	1,060,000.00	$	-	$	13,687.61	$	280,419.84	
05/01/33	$	1,060,000.00	$	255,000.00	$	13,687.61		
11/01/33	$	805,000.00	$	-	$	10,499.85	$	279,187.46	
05/01/34	$	805,000.00	$	260,000.00	$	10,499.85		
11/01/34	$	545,000.00	$	-	$	7,174.97	$	277,674.83	
05/01/35	$	545,000.00	$	270,000.00	$	7,174.97		
11/01/35	$	275,000.00	$	-	$	3,652.69	$	280,827.66	
05/01/36	$	275,000.00	$	275,000.00	$	3,652.69	$	278,652.69	
		$	3,535,000.00	$	666,815.23	$	4,201,815.23	

NET ASSESSMENTS	$254,162.30	
PLUS COLLECTION FEES (7%)	$19,130.50	
GROSS ASSESSMENTS	$273,292.80	
NO. OF UNITS	256	
GROSS PER UNIT ASSESSMENT	$1,067.55	

Lake Ashton II
Community Development District	Debt Service Fund
Series 2022

 Description			Proposed Budget
	FY 2022			Actual Thru
	7/31/22			Projected Next
	2 Months		
Total Projected
	9/30/22			Adopted Budget
	FY 2023		
Revenues
Special Assessments		
$0		
$0		
$0	
$0		
$254,162	
Interest Earned		$0		$0		$0	$0		$0	
Carry Forward Surplus		$0		$0		$0	$0		$48,765	
  TOTAL REVENUES				$0 			$0 			$0 		$0 			$302,927 	
Expenditures										
Interest - 11/1		$0		$0		$0	$0		$42,811	
Interest - 5/1		$16,411		$0		$16,411	$16,411		$42,811	
Principal - 5/1		$0		$0		$0	$0		$170,000	
  TOTAL EXPENDITURES				$16,411 			$0 			$16,411 		$16,411 			$255,622 	
Other Sources/(Uses)										
Interfund Transfer In/(Out)		$58,818		$58,818		$6,358	$65,176		$0	
  TOTAL OTHER				$58,818 			$58,818 			$6,358 		$65,176 			$0 	
  EXCESS REVENUES				$42,407 			$58,818 			($10,053) 		$48,765 			$47,305 	
							11/1/2023 Interest			$41,309 	
									FY 2023	

		

		
05/01/38	$	250,000.00	$	250,000.00	$	3,866.00	$	253,866.00	
		$	3,245,000.00	$	847,129.14	$	4,092,129.14	

Lake Ashton II
Community Development District
Series 2022 Revenue Refunding Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

05/01/22	$	3,245,000.00	$	-	$	16,410.88		
11/01/22	$	3,245,000.00	$	-	$	42,810.99	$	59,221.86	
05/01/23	$	3,075,000.00	$	170,000.00	$	42,810.99		
11/01/23	$	3,075,000.00	$	-	$	41,308.53	$	254,119.51	
05/01/24	$	3,075,000.00	$	170,000.00	$	41,308.53		
11/01/24	$	2,905,000.00	$	-	$	39,603.60	$	250,912.12	
05/01/25	$	2,905,000.00	$	175,000.00	$	39,603.60		
11/01/25	$	2,730,000.00	$	-	$	37,720.07	$	252,323.67	
05/01/26	$	2,730,000.00	$	180,000.00	$	37,720.07		
11/01/26	$	2,550,000.00	$	-	$	35,677.79	$	253,397.86	
05/01/27	$	2,550,000.00	$	185,000.00	$	35,677.79		
11/01/27	$	2,365,000.00	$	-	$	33,484.06	$	254,161.85	
05/01/28	$	2,365,000.00	$	185,000.00	$	33,484.06		
11/01/28	$	2,180,000.00	$	-	$	31,206.34	$	249,690.40	
05/01/29	$	2,180,000.00	$	190,000.00	$	31,206.34		
11/01/29	$	1,990,000.00	$	-	$	28,788.02	$	249,994.36	
05/01/30	$	1,990,000.00	$	195,000.00	$	28,788.02		
11/01/30	$	1,795,000.00	$	-	$	26,229.91	$	250,017.93	
05/01/31	$	1,795,000.00	$	200,000.00	$	26,229.91		
11/01/31	$	1,595,000.00	$	-	$	23,529.91	$	249,759.83	
05/01/32	$	1,595,000.00	$	210,000.00	$	23,529.91		
11/01/32	$	1,385,000.00	$	-	$	20,616.90	$	254,146.81	
05/01/33	$	1,385,000.00	$	215,000.00	$	20,616.90		
11/01/33	$	1,170,000.00	$	-	$	17,563.90	$	253,180.80	
05/01/34	$	1,170,000.00	$	220,000.00	$	17,563.90		
11/01/34	$	950,000.00	$	-	$	14,375.00	$	251,938.90	
05/01/35	$	950,000.00	$	225,000.00	$	14,375.00		
11/01/35	$	725,000.00	$	-	$	11,053.21	$	250,428.21	
05/01/36	$	725,000.00	$	235,000.00	$	11,053.21	
11/01/36	$	490,000.00	$	-	$	7,524.92	$	253,578.13	
05/01/37	$	490,000.00	$	240,000.00	$	7,524.92	
11/01/37	$	250,000.00	$	-	$	3,866.00	$	251,390.92