Title: BW FY27 Adopted Budget

Bridgewalk

Bridgewalk
Community Development District
GENERAL FUND BUDGET

Bridgewalk
Community Development District

Adopted Budget FY2027

Table of Contents

1-3 | General Fund
4-10 | General Fund Narrative
11 | Debt Service Fund Series 2022
12 | Amortization Schedule Series 2022
13 | Debt Service Fund Series 2023
14 | Amortization Schedule Series 2023

Community Development District Adopted Budget
FY2027
General Fund

Adopted
Budget

Actual
Thru

Projected
Next

Total
Projected

Adopted
Budget

FY2026 | 7/31/26 | 2 Months | 9/30/26 | FY2027

Revenues: |
Special Assessments | $	491,473 | $	492,830 | $	- | $	492,830 | $	695,222
Interest | 12,000 | 13,740 | 1,800 | 15,540 | 12,000
Carry Forward Surplus | 55,793 | 56,823 | - | 56,823 | 14,725
Total Revenues | $	559,266 | $	563,393 | $	1,800 | $	565,193 | $	721,947
Expenditures: | | | | |
Administrative: | | | | |
Supervisor Fees | $	12,000 | $	3,800 | $	2,400 | $	6,200 | $	12,000
FICA Expense | 918 | 291 | 184 | 474 | 918
Engineering Fees | 9,500 | 4,530 | 1,500 | 6,030 | 9,500
Attorney | 25,000 | 6,503 | 2,500 | 9,003 | 25,000
Arbitrage | 900 | 900 | - | 900 | 1,350
Dissemination | 7,571 | 6,309 | 1,262 | 7,571 | 11,298
Dissemination - DTS | 1,500 | 750 | - | 750 | 1,500
Annual Audit | 4,600 | 3,200 | - | 3,200 | 3,300
Trustee Fees | 8,869 | 8,701 | - | 8,701 | 13,350
Assessment Administration | 5,732 | 5,732 | - | 5,732 | 5,904
Management Fees | 41,200 | 34,333 | 6,867 | 41,200 | 42,436
Information Technology | 1,947 | 1,623 | 325 | 1,947 | 2,005
Website Maintenance | 1,298 | 1,082 | 216 | 1,298 | 1,337
Telephone | 300 | - | 25 | 25 | 300
Postage | 500 | 176 | 74 | 250 | 500
Printing & Binding | 250 | 94 | 26 | 120 | 250
Insurance | 7,196 | 6,309 | - | 6,309 | 6,940
Legal Advertising | 2,500 | 7,895 | 1,000 | 8,895 | 2,500
Other Current Charges | 600 | 500 | 114 | 614 | 625
Office Supplies | 250 | 2 | 3 | 5 | 125
Property Appraiser Fee | 400 | 475 | - | 475 | 500
Dues, Licenses & Subscriptions | 175 | 175 | - | 175 | 175
Total Administrative: | $	133,206 | $	93,380 | $	16,495 | $	109,875 | $	141,813

Community Development District Adopted Budget
FY2027
General Fund

Adopted
Budget

Actual
Thru

Projected
Next

Total
Projected

Adopted
Budget

FY2026 | 7/31/26 | 2 Months | 9/30/26 | FY2027

Operations & Maintenance |
Field Services | $	17,196 | $	14,330 | $	2,866 | $	17,196 | $	17,712
Property Insurance | 2,299 | 1,809 | - | 1,809 | 2,299
Electric | 2,400 | 355 | 75 | 430 | 2,400
Streetlights | 154,350 | 131,427 | 27,620 | 159,047 | 175,825
Water & Sewer | 88,895 | 74,323 | 21,620 | 95,943 | 120,000
Landscape Maintenance | 119,880 | 99,900 | 19,980 | 119,880 | 123,460
Landscape Contingency | 10,000 | 18,370 | - | 18,370 | 15,000
Lake Maintenance | 6,720 | 6,140 | 818 | 6,958 | 7,392
Lake Contingency | - | - | - | - | 15,750
Irrigation Repairs | 15,000 | 3,665 | 1,335 | 5,000 | 15,000
Janitorial Services | 4,320 | - | - | - | 4,560
Repairs & Maintenance | 2,500 | 1,170 | 530 | 1,700 | 2,500
Contingency | 2,500 | - | 625 | 625 | 2,500
Springhead Lake South | | | | |
Landscape Maintenance | $	- | $	- | $	- | $	- | $	55,480
Lake Maintenance | - | - | 2,880 | 2,880 | 17,280
Springhead Lake North | | | | |
Lake Maintenance | $ | - | $ | - | $ | - | $ | - | $ | 2,976
Total Operations & Maintenance: | $	426,060 | $	351,489 | $	78,349 | $	429,838 | $	580,134
Total Expenditures | $	559,266 | $	444,869 | $	94,844 | $	539,713 | $	721,947
Excess Revenues (Expenditures) | $	- | $	118,524 | $	(93,044) | $	25,480 | $	-

Net Assessment | $	695,222
Collection Cost (6%) | $44,376
Gross Assessment | $739,598

Community Development District

Gross Per Unit Assessment Comparison Chart

| FY2027 |
Property Type | Platted Units | Gross Per Unit | Gross Total
Townhome 25' | 197 | $560 | $110,396
Single Family 40' | 148 | $897 | $132,700
Single Family 50' | 299 | $1,121 | $335,111
Single Family 60' | 120 | $1,345 | $161,391
Total | 764 | | $739,598
| FY2026 | |
Property Type | Platted Units | Gross Per Unit | Gross Total
Townhome 25' | 117 | $560 | $65,566
Single Family 40' | 87 | $897 | $78,006
Single Family 50' | 222 | $1,121 | $248,813
Single Family 60' | 97 | $1,345 | $130,458
Total | 523 | | $522,843

Property Type | FY2026 | FY2027 | Increase/(Decrease)
Townhome 25' | $560 | $560 | ($0)
Single Family 40' | $897 | $897 | ($0)
Single Family 50' | $1,121 | $1,121 | ($0)
Single Family 60' | $1,345 | $1,345 | ($0)

REVENUES:

Special Assessments

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

Interest

The District will invest surplus funds with State Board of Administration.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190 of the Florida Statutes, allows for each member of the Board of Supervisors to be compensated $200 per meeting, not to exceed $4,800 per year to each Supervisor for the time devoted to District business and meetings. Amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

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

Engineering Fees

The District's engineer, Osceola Engineering, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for board meetings, review of invoices, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Luna. Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for board meetings, preparation and review of agreements and resolutions, and other research as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2022 Special Assessment Bonds, Assessment Area One Project and Series 2023 Special Assessment Bonds, Assessment Area Two Project. The District anticipates a new bond issuance in FY2026. The District has contracted with AMTEC Corporation for this service.

Bond Series	Annual

2022 Special Assessment	$450
2023 Special Assessment	$450
2026 Special Assessment (Upcoming Issuance)	$450

Total	$1,350

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2022 Special Assessment Bonds, Assessment Area One Project and the Series 2023 Special Assessment Bonds, Assessment Area Two Project. The District anticipates a new bond issuance in FY2026.

Dissemination - DTS

The District has contracted with Dissemination Technical Services (DTS) to utilize their software to meet the bond reporting requirements in the Continuing Disclosure Agreement(s) for each bond series issued by the District.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Grau & Associates for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2022 Special Assessment Bonds, Assessment Area One Project and the Series 2023 Special Assessment Bonds, Assessment Area Two Project that are located with a trustee at USBank. The District anticipates a new bond issuance in FY2026.

Assessment Administration

The District will contract with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for 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

The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statues. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

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

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

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

Other Current Charges

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser Fee

Represents an annual fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents cost of electric services for areas within the District. Areas include entrance lights, irrigation, etc. District currently has one account with Orlando Utilities Commission.

Account # | Description | Monthly | Annual

02130 28116

56791 Cyrils Drive
Contingency - (Future Accounts)

$50

$600
$1,800

Total | | | $2,400

Streetlights

Represents costs for streetlights maintained with the District. The District currently has one account with Orlando Utilities Commission.

Account # | Description | Monthly | Annual
02130 28116 | 71 - 20' Streetlights & 37 - 27" Streetlights | $6,000 | $72,000
| Phase 2A/B - Streetlights | $1,325 | $15,900
TBD | Phase 2C - Streetlights | $6,550 | $78,600
| Contingency | | $9,325
Total | | | $175,825

Water & Sewer

Represents costs for reclaimed water for areas maintained by the District. The District currently has the following accounts with Toho Water Authority.

Account # | Description | Monthly | Annual
002702083-033330659 | 2900 Addison Boulevard Odd | $2,675 | $32,100
002702083-033330679 | 5600 Quiet Palm Loop Even | $75 | $900
002702083-033330709 | 3100 Addison Boulevard Even | $730 | $8,760
002702083-033503511 | 5600 Even Stephens Road RM | $500 | $6,000
| 3000 Even Park Vale Road Dog | |
002702083-033504151 | Station | $10 | $120
002825888-033510351 | 3100 Odd Addison Boulevard RM | $245 | $2,940
002825888-033510361 | 3100 ODD Zuni Road RM | $5,250 | $63,000
| Contingency | | $6,180
Total | | | $120,000

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with United Land Services for this service.

Description | Monthly | Annual
Landscape Maintenance | |
Phase 1A & 1B | $7,990 | $95,880
Phase 2C | $2,298 | $27,580
Total | | $123,460

Landscape Contingency

Represents estimated costs for any additional landscape expenses such as installation of annual plant replacement, mulch, tree replacement and any other landscape expenses not covered under the monthly landscape contract.

Lake Maintenance

Represents costs for maintenance of ponds located within the District. The District has contracted with Applied Aquatic Management, Inc. for these services.

Description | Monthly | Annual
Pond Maintenance | |
North, South & East Shoreline | $342 | $4,104
Stormwater Retention Ponds PH2C Tract 8 | $79 | $948
Stormwater Retention Ponds PH2C Tract 9 | $195 | $2,340
Total | | $7,392

Irrigation Repairs

Represents estimated costs for any supplies and repairs to the irrigation system maintained by the District.

Janitorial Services

Represents estimated costs for janitorial services for one public restroom. Amount is based on proposal by Clean Star Services of Central Florida, Inc.

Description | Monthly | Annual
Janitorial Services - 3x Per Week | $380 | $4,560
Total | | $4,560

Repairs & Maintenance

Represents estimated costs for any repairs and maintenance to common areas maintained by the District.

Contingency

Represents any additional field expense that may not have been provided for in the budget. Springhead Lake South
Landscape Maintenance

Represents estimated cost for the monthly landscape maintenance. Amount based on quote by United Land Services for this service.

Description | Monthly | Annual
Landscape Maintenance - Springhead South | $4,623 | $55,480
Total | | $55,480

Lake Maintenance

Represents estimated cost for the monthly pond maintenance. Amount based on proposal by Applied Aquatic Management, Inc. for this service.

Description | Monthly | Annual
Pond Maintenance - Springhead South | |
Pond #2 | $630 | $7,560
Pond #3 | $360 | $4,320
Pond #4 | $45 | $540
Pond #5 | $90 | $1,080
Pond #6 | $270 | $3,240
Pond #7 | $45 | $540
Total | | $17,280

Springhead Lake North

Lake Maintenance

Represents estimated cost for the monthly pond maintenance. Amount based on proposal by Applied Aquatic Management, Inc. for this service.

Description | Monthly | Annual
Pond Maintenance - Springhead North | $248 | $2,976
Total | | $2,976

Bridgewalk
Community Development District Adopted Budget
FY2027
Debt Service Fund Series 2022

Adopted
Budget

Actual
Thru

Projected
Next

Total
Projected

Adopted
Budget

FY2026 | 7/31/26 | 2 Months | 9/30/26 | FY2027

Revenues: |
Special Assessments | $	246,900 | $	247,825 | $	- | $	247,825 | $	246,900
Interest | 11,500 | 9,052 | 1,600 | 10,652 | 8,000
Carry Forward Surplus | 111,591 | 112,781 | - | 112,781 | 119,863
Total Revenues | $	369,991 | $	369,657 | $	1,600 | $	371,257 | $	374,763
Expenditures: | | | | |

Series 2022
Interest - 12/15

$	73,719

$	73,719

$	-

$	73,719

$	72,469

Principal - 06/15 | 100,000 | 100,000 | - | 100,000 | 100,000
Interest - 06/15 | 73,719 | 73,719 | - | 73,719 | 72,469
Total Expenditures | $	247,438 | $	247,438 | $	- | $	247,438 | $	244,938
Other Sources/(Uses) | | | | |
Transfer In/(Out) | $	(4,500) | $	(3,357) | $	(600) | $	(3,957) | $	(3,600)
Total Other Financing Sources (Uses) | $	(4,500) | $	(3,357) | $	(600) | $	(3,957) | $	(3,600)
Excess Revenues (Expenditures) | $	118,054 | $	118,863 | $	1,000 | $	119,863 | $	126,225
| | | | Interest - 12/15/2027 | $71,219
| | | | Total | $71,219
| | | | Net Assessment | $246,899
| | | | Collection Cost (6%) | $15,760
| | | | Gross Assessment | $262,659
| | Property Type | Units | Gross Per Unit | Gross Total
| | Townhome 25' | 117 | $712 | $83,282
| | Single Family 40' | 54 | $1,139 | $61,501
| | Single Family 50' | 48 | $1,424 | $68,334
| | Single Family 60' | 29 | $1,708 | $49,542
| | Total | 248 | | $262,659

Bridgewalk
Series 2022, Special Assessment Bonds Assessment Area One Project
(Term Bonds Combined)

Amortization Schedule

Date | Balance | | Principal | | Interest | | Annual
12/15/26 | $  4,060,000 | $ | - | $ | 72,468.75 | $ | 72,468.75
6/15/27 | $  4,060,000 | $ | 100,000 | $ | 72,468.75 | $ | -
12/15/27 | $  3,960,000 | $ | - | $ | 71,218.75 | $ | 243,687.50
6/15/28 | $  3,960,000 | $ | 105,000 | $ | 71,218.75 | $ | -
12/15/28 | $  3,855,000 | $ | - | $ | 69,643.75 | $ | 245,862.50
6/15/29 | $  3,855,000 | $ | 105,000 | $ | 69,643.75 | $ | -
12/15/29 | $  3,750,000 | $ | - | $ | 68,068.75 | $ | 242,712.50
6/15/30 | $  3,750,000 | $ | 110,000 | $ | 68,068.75 | $ | -
12/15/30 | $  3,640,000 | $ | - | $ | 66,418.75 | $ | 244,487.50
6/15/31 | $  3,640,000 | $ | 115,000 | $ | 66,418.75 | $ | -
12/15/31 | $  3,525,000 | $ | - | $ | 64,693.75 | $ | 246,112.50
6/15/32 | $  3,525,000 | $ | 115,000 | $ | 64,693.75 | $ | -
12/15/32 | $  3,410,000 | $ | - | $ | 62,968.75 | $ | 242,662.50
6/15/33 | $  3,410,000 | $ | 120,000 | $ | 62,968.75 | $ | -
12/15/33 | $  3,290,000 | $ | - | $ | 61,018.75 | $ | 243,987.50
6/15/34 | $  3,290,000 | $ | 125,000 | $ | 61,018.75 | $ | -
12/15/34 | $  3,165,000 | $ | - | $ | 58,987.50 | $ | 245,006.25
6/15/35 | $  3,165,000 | $ | 130,000 | $ | 58,987.50 | $ | -
12/15/35 | $  3,035,000 | $ | - | $ | 56,875.00 | $ | 245,862.50
6/15/36 | $  3,035,000 | $ | 135,000 | $ | 56,875.00 | $ | -
12/15/36 | $  2,900,000 | $ | - | $ | 54,681.25 | $ | 246,556.25
6/15/37 | $  2,900,000 | $ | 135,000 | $ | 54,681.25 | $ | -
12/15/37 | $  2,765,000 | $ | - | $ | 52,487.50 | $ | 242,168.75
6/15/38 | $  2,765,000 | $ | 140,000 | $ | 52,487.50 | $ | -
12/15/38 | $  2,625,000 | $ | - | $ | 50,212.50 | $ | 242,700.00
6/15/39 | $  2,625,000 | $ | 145,000 | $ | 50,212.50 | $ | -
12/15/39 | $  2,480,000 | $ | - | $ | 47,856.25 | $ | 243,068.75
6/15/40 | $  2,480,000 | $ | 150,000 | $ | 47,856.25 | $ | -
12/15/40 | $  2,330,000 | $ | - | $ | 45,418.75 | $ | 243,275.00
6/15/41 | $  2,330,000 | $ | 155,000 | $ | 45,418.75 | $ | -
12/15/41 | $  2,175,000 | $ | - | $ | 42,900.00 | $ | 243,318.75
6/15/42 | $  2,175,000 | $ | 160,000 | $ | 42,900.00 | $ | -
12/15/42 | $  2,015,000 | $ | - | $ | 40,300.00 | $ | 243,200.00
6/15/43 | $  2,015,000 | $ | 165,000 | $ | 40,300.00 | $ | -
12/15/43 | $  1,850,000 | $ | - | $ | 37,000.00 | $ | 242,300.00
6/15/44 | $  1,850,000 | $ | 175,000 | $ | 37,000.00 | $ | -
12/15/44 | $  1,675,000 | $ | - | $ | 33,500.00 | $ | 245,500.00
6/15/45 | $  1,675,000 | $ | 180,000 | $ | 33,500.00 | $ | -
12/15/45 | $  1,495,000 | $ | - | $ | 29,900.00 | $ | 243,400.00
6/15/46 | $  1,495,000 | $ | 190,000 | $ | 29,900.00 | $ | -
12/15/46 | $  1,305,000 | $ | - | $ | 26,100.00 | $ | 246,000.00
6/15/47 | $  1,305,000 | $ | 195,000 | $ | 26,100.00 | $ | -
12/15/47 | $  1,110,000 | $ | - | $ | 22,200.00 | $ | 243,300.00
6/15/48 | $  1,110,000 | $ | 205,000 | $ | 22,200.00 | $ | -
12/15/48 | $	905,000 | $ | - | $ | 18,100.00 | $ | 245,300.00
6/15/49 | $	905,000 | $ | 215,000 | $ | 18,100.00 | $ | -
12/15/49 | $	690,000 | $ | - | $ | 13,800.00 | $ | 246,900.00
6/15/50 | $	690,000 | $ | 220,000 | $ | 13,800.00 | $ | -
12/15/50 | $	470,000 | $ | - | $ | 9,400.00 | $ | 243,200.00
6/15/51 | $	470,000 | $ | 230,000 | $ | 9,400.00 | $ | -
12/15/51 | $	240,000 | $ | - | $ | 4,800.00 | $ | 244,200.00
6/15/52 | $	240,000 | $ | 240,000 | $ | 4,800.00 | $ | 244,800.00
Totals | | $ | 4,060,000 | $ | 2,362,037.50 | $ | 6,422,037.50

Bridgewalk
Community Development District Adopted Budget
FY2027
Debt Service Fund Series 2023

Proposed
Budget

Actual
Thru

Projected
Next

Total
Projected

Adopted
Budget

FY2026 | 7/31/26 | 2 Months | 9/30/26 | FY2027

Revenues: |
Special Assessments | $	377,387 | $	378,391 | $	- | $	378,391 | $	377,387
Interest | 12,000 | 13,934 | 2,400 | 16,334 | 12,000
Carry Forward Surplus* | 236,519 | 234,558 | - | 234,558 | 250,509
Total Revenues | $	625,906 | $	626,884 | $	2,400 | $	629,284 | $	639,895
Expenditures: | | | | |

Series 2023
Interest - 12/15

$	154,469

$	154,469

$	-

$	154,469

$	152,681

Principal - 12/15 | 65,000 | 65,000 | - | 65,000 | 70,000
Interest - 06/15 | 152,681 | 152,681 | - | 152,681 | 150,756
Total Expenditures | $	372,150 | $	372,150 | $	- | $	372,150 | $	373,438
Other Sources/(Uses) | | | | |
Transfer In/(Out) | $	(5,000) | $	(6,625) | $	- | $	(6,625) | $	(5,000)
Total Other Financing Sources (Uses) | $	(5,000) | $	(6,625) | $	- | $	(6,625) | $	(5,000)
Excess Revenues (Expenditures) | $	248,756 | $	248,109 | $	2,400 | $	250,509 | $	261,458
*Less Reserve amount. | | | | Principal - 12/15/2027 | $75,000
| | | | Interest - 12/15/2027 | $150,756
| | | | Total | $225,756
| | | | Net Assessment | $377,387
| | | | Collection Cost (6%) | $24,089
| | | | Gross Assessment | $401,475
| | Property Type | Units | Gross Per Unit | Gross Total
| | Single Family 40' | 33 | $1,139 | $37,585
| | Single Family 50' | 174 | $1,424 | $247,719
| | Single Family 60' | 68 | $1,708 | $116,172
| | Total | 275 | | $401,475

Bridgewalk Community Development District Series 2023, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date | Balance | Principal | Interest | Annual
12/15/26 | $	4,825,000 | $	70,000 | $	152,681  $ | 222,681
6/15/27 | $	4,755,000 | $	- | $	150,756  $ | -
12/15/27 | $	4,755,000 | $	75,000 | $	150,756  $ | 225,756
6/15/28 | $	4,680,000 | $	- | $	148,694  $ | -
12/15/28 | $	4,680,000 | $	80,000 | $	148,694  $ | 228,694
6/15/29 | $	4,600,000 | $	- | $	146,494  $ | -
12/15/29 | $	4,600,000 | $	80,000 | $	146,494  $ | 372,988
6/15/30 | $	4,520,000 | $	- | $	144,294  $ | -
12/15/30 | $	4,520,000 | $	85,000 | $	144,294  $ | 373,588
6/15/31 | $	4,435,000 | $	- | $	141,956  $ | -
12/15/31 | $	4,435,000 | $	90,000 | $	141,956  $ | 373,913
6/15/32 | $	4,345,000 | $	- | $	139,144  $ | -
12/15/32 | $	4,345,000 | $	95,000 | $	139,144  $ | 373,288
6/15/33 | $	4,250,000 | $	- | $	136,175  $ | -
12/15/33 | $	4,250,000 | $	105,000 | $	136,175  $ | 377,350
6/15/34 | $	4,145,000 | $	- | $	132,894  $ | -
12/15/34 | $	4,145,000 | $	110,000 | $	132,894  $ | 375,788
6/15/35 | $	4,035,000 | $	- | $	129,456  $ | -
12/15/35 | $	4,035,000 | $	115,000 | $	129,456  $ | 373,913
6/15/36 | $	3,920,000 | $	- | $	125,863  $ | -
12/15/36 | $	3,920,000 | $	125,000 | $	125,863  $ | 376,725
6/15/37 | $	3,795,000 | $	- | $	121,956  $ | -
12/15/37 | $	3,795,000 | $	130,000 | $	121,956  $ | 373,913
6/15/38 | $	3,665,000 | $	- | $	117,894  $ | -
12/15/38 | $	3,665,000 | $	140,000 | $	117,894  $ | 375,788
6/15/39 | $	3,525,000 | $	- | $	113,519  $ | -
12/15/39 | $	3,525,000 | $	150,000 | $	113,519  $ | 377,038
6/15/40 | $	3,375,000 | $	- | $	108,831  $ | -
12/15/40 | $	3,375,000 | $	155,000 | $	108,831  $ | 372,663
6/15/41 | $	3,220,000 | $	- | $	103,988  $ | -
12/15/41 | $	3,220,000 | $	165,000 | $	103,988  $ | 372,975
6/15/42 | $	3,055,000 | $	- | $	98,831  $ | -
12/15/42 | $	3,055,000 | $	175,000 | $	98,831  $ | 372,663
6/15/43 | $	2,880,000 | $	- | $	93,363  $ | -
12/15/43 | $	2,880,000 | $	190,000 | $	93,363  $ | 376,725
6/15/44 | $	2,690,000 | $	- | $	87,425  $ | -
12/15/44 | $	2,690,000 | $	200,000 | $	87,425  $ | 374,850
6/15/45 | $	2,490,000 | $	- | $	80,925  $ | -
12/15/45 | $	2,490,000 | $	215,000 | $	80,925  $ | 376,850
6/15/46 | $	2,275,000 | $	- | $	73,938  $ | -
12/15/46 | $	2,275,000 | $	225,000 | $	73,938  $ | 372,875
6/15/47 | $	2,050,000 | $	- | $	66,625  $ | -
12/15/47 | $	2,050,000 | $	240,000 | $	66,625  $ | 373,250
6/15/48 | $	1,810,000 | $	- | $	58,825  $ | -
12/15/48 | $	1,810,000 | $	255,000 | $	58,825  $ | 372,650
6/15/49 | $	1,555,000 | $	- | $	50,538  $ | -
12/15/49 | $	1,555,000 | $	275,000 | $	50,538  $ | 376,075
6/15/50 | $	1,280,000 | $	- | $	41,600  $ | -
12/15/50 | $	1,280,000 | $	290,000 | $	41,600  $ | 373,200
6/15/51 | $	990,000 | $	- | $	32,175  $ | -
12/15/51 | $	990,000 | $	310,000 | $	32,175  $ | 374,350
6/15/52 | $	680,000 | $	- | $	22,100  $ | -
12/15/52 | $	680,000 | $	330,000 | $	22,100  $ | 374,200
6/15/53 | $	350,000 | $	- | $	11,375  $ | -
12/15/53 | $	350,000 | $	350,000 | $	11,375  $ | 372,750
Totals | | $ 4,825,000 | $ 5,511,944  $ 10,336,944