Crossings
Community Development District

Proposed Budget
FY2026

Table of Contents

1-2		General Fund	

3-6	
	General Fund Narrative	

7	
	Debt Service - Series 2022	

8	
	Amortization Schedule	

9	
	Debt Service - Series 2024	

10	
	Amortization Schedule	

Crossings
Community Development District General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	290,479  $	289,987	$	492  $	290,479  $	639,786	
Assessments - Direct	$	30,000  $	22,500	$	7,500  $	30,000  $	3,808	
Developer Contributions	$	153,441  $	25,000	$	65,055  $	90,055  $	92,502	
Miscellaneous Income	$	-	$	10,256	$	-	$	10,256  $	-	
Total Revenues	$	473,920  $	347,743	$	73,047  $	420,790  $	736,096	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000  $	1,400	$	6,000  $	7,400  $	12,000	
FICA Expense	$	-	$	46	$	459  $	505  $	918	
Engineering	$	15,000  $	9,785	$	9,785  $	19,570  $	20,300	
Attorney	$	25,000  $	5,091	$	5,091  $	10,183  $	25,000	
Annual Audit	$	4,000  $	-	$	4,000  $	4,000  $	4,150	
Assessment Administration	$	5,250  $	5,250	$	-	$	5,250  $	5,408	
Arbitrage	$	450  $	-	$	900  $	900  $	900	
Dissemination	$	5,250  $	2,625	$	2,625  $	5,250  $	5,408	
Trustee Fees	$	4,100  $	-	$	4,434  $	4,434  $	8,869	
Management Fees	$	37,500  $	18,750	$	18,750  $	37,500  $	38,625	
Information Technology	$	1,890  $	945	$	945  $	1,890  $	1,947	
Website Maintenance	$	1,260  $	630	$	630  $	1,260  $	1,298	
Postage & Delivery	$	1,000  $	823	$	823  $	1,647  $	1,800	
Insurance	$	5,720  $	5,408	$	-	$	5,408  $	7,434	
Copies	$	1,000  $	4	$	350  $	354  $	1,000	
Legal Advertising	$	7,500  $	369	$	3,500  $	3,869  $	7,500	
Contingency	$	2,500  $	253	$	253  $	507  $	2,500	
Office Supplies	$	550  $	8	$	150  $	158  $	550	
Dues, Licenses & Subscriptions	$	175  $	175	$	-	$	175  $	175	
Total Administrative	$	130,145  $	51,562	$	58,696  $	110,259  $	145,780	

Operation and Maintenance						
Field Expenditures						
Property Insurance	$	15,000  $	7,970	$	-	$	7,970  $	22,000	
Field Management	$	15,000  $	7,500	$	7,500  $	15,000  $	15,450	
Landscape Maintenance	$	80,000  $	30,600	$	41,400  $	72,000  $	175,000	
Landscape Replacement & Enhancements  $	10,000  $	-	$	5,000  $	5,000  $	25,000	
Lake Maintenance	$	8,500  $	1,950	$	1,950  $	3,900  $	8,500	
Streetlights	$	50,000  $	-	$	25,000  $	25,000  $	50,000	
Electric	$	6,000  $	134	$	268  $	402  $	6,000	
Water & Sewer	$	5,000  $	27,661	$	27,661  $	55,322  $	85,000	
Irrigation Repairs	$	5,000  $	3,041	$	3,041  $	6,082  $	5,000	
General Repairs & Maintenance	$	12,500  $	185	$	185  $	370  $	12,500	
Contingency	$	5,500  $	235	$	1,500  $	1,735  $	10,000	
Total Field Expenditures	$	212,500  $	79,276	$	113,505  $	192,781  $	414,450	

Crossings
Community Development District General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Amenity Expenditures						
Amenity Access Management	$	10,000	$	5,000	$	2,500	$	7,500	$	12,500	
Amenity - Electric	$	14,400	$	7,014	$	7,014	$	14,027	$	16,131	
Amenity - Water	$	5,000	$	8,797	$	8,797	$	17,595	$	20,234	
Internet	$	3,000	$	1,112	$	1,112	$	2,224	$	3,000	
Pest Control	$	1,500	$	727	$	1,169	$	1,896	$	2,000	
Janitorial Services	$	18,500	$	8,050	$	8,520	$	16,570	$	25,000	
Security/Staffing	$	30,000	$	-	$	15,000	$	15,000	$	30,000	
Pool Maintenance	$	27,000	$	13,755	$	17,100	$	30,855	$	34,500	
Amenity Repairs & Maintenance	$	12,500	$	4,287	$	4,287	$	8,574	$	12,500	
Holiday Décor	$	3,000	$	-	$	1,500	$	1,500	$	10,000	
Contingency	$	6,375	$	259	$	1,750	$	2,009	$	10,000	
Total Amenity Expenditures	$	131,275	$	49,001	$	68,749	$	117,750	$	175,866	
						
Total O&M Expenditures:	$	343,775	$	128,277	$	182,254	$	310,531	$	590,316	
						
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	$	-	
						
Total Expenditures	$	473,920	$	179,840	$	240,950	$	420,790	$	736,096	
						
Excess Revenues/(Expenditures)	$	-	$	167,903	$	(167,903)	$	-	$	-	
						
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit (6%)	Gross Per Unit	
Townhome - 22'	118.50	
158	
0.75	
$135,553	
$857.93	
$912.69	
Bungalow - 32'	110.40	138	0.80	$126,288	$915.13	$973.54	
Single Family - 50'	256.00	256	1.00	$292,840	$1,143.90	$1,216.92	
Single Family - 60'	74.40	62	1.20	$85,107	$1,372.69	$1,460.30	
Crossings Phase 3	3.33	15	0.22	$3,808	$253.84	$270.04	
Total ERU's	563	629		$643,594			

Product	
FY2026 Gross Per Unit	
FY2025 Gross Per Unit	Increase/ (Decrease)	
Townhome - 22'	$912.69	$818.75	$93.94	
Bungalow - 32'	$973.54	$865.00	$108.54	
Single Family - 50'	$1,216.92	$1,050.00	$166.92	
Single Family - 60'	$1,460.30	$0.00	$1,460.30	

Crossing
Community Development District
General Fund Budget

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Developer Contributions

The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage Fees

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its bonds and any other anticipated bond issuance.

Dissemination Fees

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to

Crossings
Community Development District
General Fund Budget

Trustee Fees

The District will pay annual trustee fees for the proposed bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. – Governmental Management, CFL

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

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

Legal Advertising

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

Contingency

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

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

Crossings
Community Development District
General Fund Budget

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement & Enhancements

Represents the estimated cost of replacing landscaping within the common areas of the District.

Lake Maintenance

Represents the estimated maintenance of the lake within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Crossings
Community Development District
General Fund Budget

Amenity Expenditures

Amenity Management

Provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Seamless facility rental management for clubhouses, meeting rooms and pavilions and rentals. Districts are provided electronic communication for District news and direct remote customer serve through phone and email directly to the Amenity Access Team.

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents estimated costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Holiday Decor

Represents estimated costs for Holiday decoration

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Crossings
Community Development District Debt Service Fund
Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	#REF!
Budget	
Description	#REF!	#REF!	#REF!	#REF!	#REF!	

Revenues						
Assessments	$	377,681	$	374,047	$	3,634	$	377,681	$	377,681	
Interest Income	$	8,513	$	7,043	$	7,043	$	14,086	$	7,000	
Carry Forward Surplus *	$	168,730	$	171,585	$	-	$	171,585	$	188,827	
Total Revenues	$	554,924	$	552,675	$	10,677	$	563,352	$	573,508	

Expenses						
Interest- 11/01	$	140,331	$	139,194	$	-	$	139,194	$	137,175	
Principal - 05/01	$	95,000	$	-	$	95,000	$	95,000	$	100,000	
Interest - 05/01	$	140,331	$	-	$	140,331	$	140,331	$	137,175	
Total Expenditures	$	375,663	$	139,194	$	235,331	$	374,525	$	374,350	
						
Excess Revenues/(Expenditures)	$	179,261	$	413,481	$	(224,655)	$	188,827	$	199,158	

*Carry forward less amount in Reserve funds.						
				Series 2022		
				Interest - 11/01/26	$135,050	
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Townhome - 22'	144	$100,768	$699.78	$744.44		
Bungalow - 32'	68	$84,973	$1,249.60	$1,329.36		
Single Family - 50'	126	$191,940	$1,523.33	$1,620.57		
Total ERU's	338	$377,681				

Crossings Community Development District Series 2022 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	5,270,000.00	$	-	$	137,175.00	$	371,368.75	
05/01/26	$	5,270,000.00	$	100,000.00	$	137,175.00			
11/01/26	$	5,270,000.00	$	-	$	135,050.00	$	372,225.00	
05/01/27	$	5,270,000.00	$	105,000.00	$	135,050.00			
11/01/27	$	5,270,000.00	$	-	$	132,818.75	$	372,868.75	
05/01/28	$	5,270,000.00	$	110,000.00	$	132,818.75			
11/01/28	$	5,160,000.00	$	-	$	130,206.25	$	373,025.00	
05/01/29	$	5,160,000.00	$	115,000.00	$	130,206.25			
11/01/29	$	5,045,000.00	$	-	$	127,475.00	$	372,681.25	
05/01/30	$	5,045,000.00	$	120,000.00	$	127,475.00			
11/01/30	$	4,925,000.00	$	-	$	124,625.00	$	372,100.00	
05/01/31	$	4,925,000.00	$	125,000.00	$	124,625.00			
11/01/31	$	4,670,000.00	$	-	$	121,656.25	$	371,281.25	
05/01/32	$	4,670,000.00	$	130,000.00	$	121,656.25			
11/01/32	$	4,670,000.00	$	-	$	118,568.75	$	370,225.00	
05/01/33	$	4,670,000.00	$	140,000.00	$	118,568.75			
11/01/33	$	4,530,000.00	$	-	$	115,068.75	$	373,637.50	
05/01/34	$	4,530,000.00	$	145,000.00	$	115,068.75			
11/01/34	$	4,385,000.00	$	-	$	111,443.75	$	371,512.50	
05/01/35	$	4,385,000.00	$	155,000.00	$	111,443.75			
11/01/35	$	4,230,000.00	$	-	$	107,568.75	$	374,012.50	
05/01/36	$	4,230,000.00	$	160,000.00	$	107,568.75			
11/01/36	$	4,070,000.00	$	-	$	103,568.75	$	371,137.50	
05/01/37	$	4,070,000.00	$	170,000.00	$	103,568.75			
11/01/37	$	3,900,000.00	$	-	$	99,318.75	$	372,887.50	
05/01/38	$	3,900,000.00	$	180,000.00	$	99,318.75			
11/01/38	$	3,720,000.00	$	-	$	94,818.75	$	374,137.50	
05/01/39	$	3,720,000.00	$	190,000.00	$	94,818.75			
11/01/39	$	3,530,000.00	$	-	$	90,068.75	$	374,887.50	
05/01/40	$	3,530,000.00	$	195,000.00	$	90,068.75			
11/01/40	$	3,335,000.00	$	-	$	85,193.75	$	370,262.50	
05/01/41	$	3,335,000.00	$	205,000.00	$	85,193.75			
11/01/41	$	2,910,000.00	$	-	$	80,068.75	$	370,262.50	
05/01/42	$	2,910,000.00	$	220,000.00	$	80,068.75			
11/01/42	$	2,910,000.00	$	-	$	74,568.75	$	374,637.50	
05/01/43	$	2,910,000.00	$	230,000.00	$	74,568.75			
11/01/43	$	2,680,000.00	$	-	$	68,675.00	$	373,243.75	
05/01/44	$	2,680,000.00	$	240,000.00	$	68,675.00			
11/01/44	$	2,440,000.00	$	-	$	62,525.00	$	371,200.00	
05/01/45	$	2,440,000.00	$	255,000.00	$	62,525.00			
11/01/45	$	2,185,000.00	$	-	$	55,990.63	$	373,515.63	
05/01/46	$	2,185,000.00	$	265,000.00	$	55,990.63			
11/01/46	$	1,920,000.00	$	-	$	49,200.00	$	370,190.63	
05/01/47	$	1,920,000.00	$	280,000.00	$	49,200.00			
11/01/47	$	1,640,000.00	$	-	$	42,025.00	$	371,225.00	
05/01/48	$	1,640,000.00	$	295,000.00	$	42,025.00			
11/01/48	$	1,345,000.00	$	-	$	34,465.63	$	371,490.63	
05/01/49	$	1,345,000.00	$	310,000.00	$	34,465.63			
11/01/49	$	1,035,000.00	$	-	$	26,521.88	$	370,987.50	
05/01/50	$	1,035,000.00	$	325,000.00	$	26,521.88	$	-	
11/01/50	$	710,000.00	$	-	$	18,193.75	$	369,715.63	
05/01/51	$	710,000.00	$	345,000.00	$	18,193.75	$	-	
11/01/51	$	365,000.00	$	-	$	9,353.13	$	372,546.88	
05/01/52	$	365,000.00	$	365,000.00	$	9,353.13	$	374,353.13	
			$	5,475,000.00	$	4,712,425.00	$	10,421,618.75	

Crossings
Community Development District Debt Service Fund
Series 2024

	Proposed Budget	Actuals Thru	Projected Next	Projected Thru	#REF!
Budget	
Description	#REF!	#REF!	#REF!	#REF!	#REF!	

Revenues						

Assessments - Direct	
$	954,186	
$	580,190	
$	373,996	
$	954,186	
$	954,186	
Interest Income	$	10,000	$	20,888	$	20,888	$	41,776	$	10,000	
Carry Forward Surplus *	$	-	$	173,057	$	-	$	173,057	$	398,161	
Total Revenues	$	964,186	$	774,135	$	394,884	$	1,169,020	$	1,362,347	

Expenses						
Interest- 11/01	$	172,540	$	172,540	$	-	$	172,540	$	373,996	
Principal - 05/01	$	200,000	$	-	$	200,000	$	200,000	$	210,000	
Interest - 05/01	$	378,746	$	-	$	378,746	$	378,746	$	373,996	
Total Expenditures	$	751,286	$	172,540	$	578,746	$	751,286	$	957,993	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(19,573)	$	-	$	(19,573)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(19,573)	$	-	$	(19,573)	$	-	
						
Excess Revenues/(Expenditures)	$	212,900	$	582,023	$	(183,862)	$	398,161	$	404,355	

*Carry forward less amount in Reserve funds.						
				Series 2024		
				Interest - 11/01/26	$369,009	
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Townhome - 22'	14	$29,818	$2,129.88	$2,265.83		
Bungalow - 32'	70	$198,789	$2,839.84	$3,021.11		
Single Family - 50'	130	$461,474	$3,549.80	$3,776.38		
Single Family - 60'	62	$264,105	$4,259.76	$4,531.66		
Total ERU's	276	$954,186				

Crossings Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	13,800,000.00	$	-	$	373,996.25	$	952,742.50	
05/01/26	$	13,800,000.00	$	210,000.00	$	373,996.25			
11/01/26	$	13,590,000.00	$	-	$	369,008.75	$	953,005.00	
05/01/27	$	13,590,000.00	$	220,000.00	$	369,008.75			
11/01/27	$	13,370,000.00	$	-	$	363,783.75	$	952,792.50	
05/01/28	$	13,370,000.00	$	230,000.00	$	363,783.75			
11/01/28	$	13,140,000.00	$	-	$	358,321.25	$	952,105.00	
05/01/29	$	13,140,000.00	$	240,000.00	$	358,321.25			
11/01/29	$	12,900,000.00	$	-	$	352,621.25	$	950,942.50	
05/01/30	$	12,900,000.00	$	255,000.00	$	352,621.25			
11/01/30	$	12,645,000.00	$	-	$	346,565.00	$	954,186.25	
05/01/31	$	12,645,000.00	$	265,000.00	$	346,565.00			
11/01/31	$	12,380,000.00	$	-	$	340,271.25	$	951,836.25	
05/01/32	$	12,380,000.00	$	280,000.00	$	340,271.25			
11/01/32	$	12,100,000.00	$	-	$	332,781.25	$	953,052.50	
05/01/33	$	12,100,000.00	$	295,000.00	$	332,781.25			
11/01/33	$	11,805,000.00	$	-	$	324,890.00	$	952,671.25	
05/01/34	$	11,805,000.00	$	310,000.00	$	324,890.00			
11/01/34	$	11,495,000.00	$	-	$	316,597.50	$	951,487.50	
05/01/35	$	11,495,000.00	$	325,000.00	$	316,597.50			
11/01/35	$	11,170,000.00	$	-	$	307,903.75	$	949,501.25	
05/01/36	$	11,170,000.00	$	345,000.00	$	307,903.75			
11/01/36	$	10,825,000.00	$	-	$	298,675.00	$	951,578.75	
05/01/37	$	10,825,000.00	$	365,000.00	$	298,675.00			
11/01/37	$	10,460,000.00	$	-	$	288,911.25	$	952,586.25	
05/01/38	$	10,460,000.00	$	385,000.00	$	288,911.25			
11/01/38	$	10,075,000.00	$	-	$	278,612.50	$	952,523.75	
05/01/39	$	10,075,000.00	$	405,000.00	$	278,612.50			
11/01/39	$	9,670,000.00	$	-	$	267,778.75	$	951,391.25	
05/01/40	$	9,670,000.00	$	430,000.00	$	267,778.75			
11/01/40	$	9,240,000.00	$	-	$	256,276.25	$	954,055.00	
05/01/41	$	9,240,000.00	$	450,000.00	$	256,276.25			
11/01/41	$	7,815,000.00	$	-	$	244,238.75	$	950,515.00	
05/01/42	$	7,285,000.00	$	475,000.00	$	244,238.75			
11/01/42	$	7,285,000.00	$	-	$	231,532.50	$	950,771.25	
05/01/43	$	7,285,000.00	$	500,000.00	$	231,532.50			
11/01/43	$	7,285,000.00	$	-	$	218,157.50	$	949,690.00	
05/01/44	$	7,285,000.00	$	530,000.00	$	218,157.50			
11/01/44	$	7,285,000.00	$	-	$	203,980.00	$	952,137.50	
05/01/45	$	7,285,000.00	$	560,000.00	$	203,980.00			
11/01/45	$	6,725,000.00	$	-	$	188,300.00	$	952,280.00	
05/01/46	$	6,725,000.00	$	590,000.00	$	188,300.00			
11/01/46	$	6,135,000.00	$	-	$	171,780.00	$	950,080.00	
05/01/47	$	6,135,000.00	$	625,000.00	$	171,780.00			
11/01/47	$	5,510,000.00	$	-	$	154,280.00	$	951,060.00	
05/01/48	$	5,510,000.00	$	660,000.00	$	154,280.00			
11/01/48	$	4,850,000.00	$	-	$	135,800.00	$	950,080.00	
05/01/49	$	4,850,000.00	$	700,000.00	$	135,800.00			
11/01/49	$	4,150,000.00	$	-	$	116,200.00	$	952,000.00	
05/01/50	$	4,150,000.00	$	740,000.00	$	116,200.00	$	-	
11/01/50	$	3,410,000.00	$	-	$	95,480.00	$	951,680.00	
05/01/51	$	3,410,000.00	$	785,000.00	$	95,480.00	$	-	
11/01/51	$	2,625,000.00	$	-	$	73,500.00	$	953,980.00	
05/01/52	$	2,625,000.00	$	825,000.00	$	73,500.00	$	-	
11/01/52	$	1,800,000.00	$	-	$	50,400.00	$	948,900.00	
05/01/53	$	1,800,000.00	$	875,000.00	$	50,400.00	$	-	
11/01/53	$	925,000.00	$	-	$	25,900.00	$	951,300.00	
05/01/54	$	925,000.00	$	925,000.00	$	25,900.00	$	950,900.00	
			$	13,800,000.00	$	14,173,085.00	$	28,551,831.25