Hammock Reserve Community Development District

Meeting Agenda August 1, 2024

-. ·- -

Hammock Reserve
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
July 25, 2024
Board of Supervisors Meeting
Hammock Reserve Community Development District
Dear Board Members:

A Board of Supervisors Meeting of the Hammock Reserve Community Development District will be held Thursday, August 1, 2024 at 9:30 AM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.
Zoom Video Link: https://us06web.zoom.us/j/85337681854
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 853 3768 1854
Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the May 2, 2024 Board of Supervisors Meeting
Public Hearing
Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget
Consideration of Resolution 2024-06 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds
Consideration of Resolution 2024-07 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Resolution 2024-08 Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2024/2025
Consideration of the Adoption of Goals and Objectives for the District
Presentation of Fiscal Year 2023 Audit Report
Presentation of Arbitrage Rebate Reports from AMTEC
Series 2021 AA2 Project Bonds
Series 2022 AA3 Project Bonds
Ratification of Special Warranty Deed for Phase 3 Parcels
Staff Reports
Attorney
Engineer
Field Manager’s Report (to be provided under separate cover)
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

MINUTES

MINUTES OF MEETING HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hammock Reserve Community Development District was held Thursday, May 2, 2024 at 9:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Eric Lavoie	Chairperson
Jessica Petrucci	Vice Chairperson
Emily Cassidy	Assistant Secretary
Lindsey Roden	Assistant Secretary
Bobbie Henley	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Monica Virgen	District Manager, GMS
Marshall Tindall	Field Manager, GMS
Savannah Hancock	District Counsel, Kilinski Van Wyk
Lisa Kelley by Zoom	District Engineer, Dewberry

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. There were five Supervisors present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present at the meeting and no members of the public joining via Zoom.
THIRD ORDER OF BUSINESS	Approval of Minutes of the April 4, 2024
Board of Supervisors Meeting
Ms. Burns presented the minutes from the April 4, 2024 Board of Supervisor meeting and asked for any questions, comments, or corrections. The Board had no changes to the minutes.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Minutes of the April 4, 2024 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-04
Approving the Proposed Fiscal Year 2024/2025 Budget (Suggested Date: August 1, 2024) and Setting the Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget
Ms. Burns stated the suggested date for the public hearing is August 1st which is the regular August meeting. There is not a proposed increased on this budget. The assessment amount is the same as the current year. Most of the costs for the field expenses were already estimated in the budget for the current year. A few items had some increases, and the capital reserve transfer was reduced to offset those. Ms. Burns noted that all four phases are accounted for and there is no future development.

On MOTION by Ms. Petrucci, seconded by Ms. Roden, with all in favor, Resolution 2024-04 Approving the Proposed Fiscal Year 2024/2025 Budget and Setting the Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget for August 1, 2024, was approved.

FIFTH ORDER OF BUSINESS	Consideration  of  Resolution  2024-05
Designating a Date, Time, and Location for a Landowners’ Meeting and Election (November 7, 2024)
Ms. Burns noted the date for the landowners’ election is November 7, 2024 at 9:30 a.m.
The proxy forms and ballots are available in the agenda package.

On MOTION by Ms. Petrucci, seconded by Ms. Roden, with all in favor, Resolution 2024-05 Designating November 7, 2024 for the Landowners’ Meeting at 9:30 a.m., was approved.

SIXTH ORDER OF BUSINESS	Ratification	of	Phase	4	Conveyance
Documents
Ms. Burns noted these have already been executed and just need to be ratified by the Board.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Phase 4 Conveyance Documents, were ratified.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock reminded the Board of ethics training and Form 1.

Engineer
Ms. Kelley had nothing to report.

Field Manager’s Report (to be provided under separate cover)
Mr. Tindall presented the Field Manager’s Report. He presented a proposal from Aquatic Weed Management to add a section to the contract.

On MOTION by Ms. Petrucci, seconded by Ms. Henley, with all in favor, the Proposal from Aquatic Weed Management, was approved.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register from March 22nd through April 18th totaling
$545,045.84. The large amounts are transfers to US Bank. She noted she would be happy to answer any questions on any of the invoices.

On MOTION by Ms. Roden, seconded by Ms. Petrucci, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns stated the financial statements are included in the packet for review. There is no action necessary.

EIGHTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section A

Section 1

RESOLUTION 2024-06
THE ANNUAL APPROPRIATION RESOLUTION OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2024, submitted to the Board of Supervisors (“Board”) of the Hammock Reserve Community Development District (“District”) proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024 and ending September 30, 2025 (“Fiscal Year 2024/2025”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and
WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and
WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two (2) days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  BUDGET
The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.
The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Hammock

Reserve Community Development District for the Fiscal Year Ending September 30, 2025.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least two (2) years.

SECTION 2.	APPROPRIATIONS
There is hereby appropriated out of the revenues of the District, for Fiscal Year 2024/2025, the sum of $	 to be raised to be raised by levy of assessments or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$		
CAPITAL RESERVE FUND	$		
SERIES 2020 DEBT SERVICE FUND	$		
SERIES 2021 DEBT SERVICE FUND	$		
SERIES 2022 DEBT SERVICE FUND	$		
TOTAL ALL FUNDS

SECTION 3.	BUDGET AMENDMENTS	$		

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2024/2025 or within sixty (60) days following the end of the Fiscal Year 2024/2025 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must ensure that any amendments to the budget under paragraph
c. above are posted on the District’s website within five (5) days after adoption and remain on the website for at least two (2) years.

SECTION 4.	EFFECTIVE DATE.	This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 1ST DAY OF AUGUST, 2024.

ATTEST:	HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Exhibit A:	Fiscal Year 2024/2025 Budget

Hammock Reserve
Community Development District

Proposed Budget
FY2025

fll  ft
lu1•1

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2021 Debt Service Fund	

12-13	

Series 2021 Amortization Schedule	

14	

Series 2022 Debt Service Fund	

15-16	

Series 2022 Amortization Schedule	

17	

Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	837,930	$	847,815	$	-	$	847,815	$	842,100	
Assessments - Direct Bill	$	4,170	$	4,171	$	-	$	4,171	$	-	
Assessments - Lot Closings	$	-	$	13,225	$	-	$	13,225	$	-	
Other Income	$	-	$	30	$	-	$	30	$	-	
Total Revenues	$	842,100	$	865,241	$	-	$	865,241	$	842,100	

Expenditures						
Administrative
Supervisor Fees	

$	12,000	

$	3,600	

$	3,000	

$	6,600	

$	12,000	
Engineering	$	15,000	$	1,403	$	5,500	$	6,903	$	15,000	
Attorney	$	30,000	$	11,531	$	7,500	$	19,031	$	25,000	
Annual Audit	$	9,200	$	9,100	$	-	$	9,100	$	9,200	
Assessment Administration	$	5,300	$	5,300	$	-	$	5,300	$	5,565	
Arbitrage	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Dissemination	$	7,500	$	7,125	$	2,375	$	9,500	$	7,875	
Trustee Fees	$	12,123	$	11,112	$	1,011	$	12,123	$	12,123	
Management Fees	$	40,124	$	30,093	$	10,031	$	40,124	$	45,000	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,890	
Website Maintenance	$	1,200	$	900	$	300	$	1,200	$	1,260	
Postage & Delivery	$	1,000	$	1,082	$	85	$	1,167	$	1,000	
Insurance	$	6,119	$	5,758	$	-	$	5,758	$	6,334	
Copies	$	500	$	103	$	85	$	188	$	500	
Legal Advertising	$	7,500	$	-	$	3,500	$	3,500	$	2,500	
Other Current Charges	$	1,550	$	372	$	250	$	622	$	1,550	
Office Supplies	$	625	$	27	$	50	$	77	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	153,066	$	90,380	$	34,137	$	124,518	$	148,947	

Operations & Maintenance Field Expenditures Property Insurance	

$	18,000	

$	20,892	

$	-	

$	20,892	

$	22,923	
Field Management	$	15,900	$	11,925	$	3,975	$	15,900	$	20,000	
Landscape Maintenance	$	190,000	$	141,518	$	45,606	$	187,124	$	190,000	
Landscape Replacement	$	25,000	$	6,876	$	8,333	$	15,209	$	40,000	
Pond Maintenance	$	10,000	$	6,700	$	3,300	$	10,000	$	10,200	
Streetlights	$	30,360	$	22,955	$	8,850	$	31,805	$	30,360	
Electric	$	8,000	$	8,176	$	2,940	$	11,116	$	12,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	8,000	$	1,715	$	6,285	$	8,000	$	7,000	
General Repairs & Maintenance	$	15,000	$	4,996	$	3,750	$	8,746	$	22,500	
Contingency	$	10,000	$	-	$	6,500	$	6,500	$	10,000	
Subtotal Field Expenditures	$	332,760	$	225,753	$	90,789	$	316,542	$	367,483	

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Amenity Expenditures						
Amenity - Electric	$	12,804	$	8,126	$	3,600	$	11,726	$	14,500	
Amenity - Water	$	10,000	$	4,527	$	1,740	$	6,267	$	10,000	
Playground Lease	$	103,993	$	77,995	$	25,998	$	103,993	$	103,993	
Internet	$	1,500	$	800	$	270	$	1,070	$	1,500	
Pest Control	$	528	$	360	$	120	$	480	$	528	
Janitorial Services	$	17,100	$	7,645	$	2,565	$	10,210	$	18,080	
Security Services	$	36,000	$	23,574	$	8,025	$	31,599	$	36,000	
Pool Maintenance	$	22,600	$	17,275	$	5,640	$	22,915	$	23,700	
Amenity Management	$	6,750	$	5,063	$	1,688	$	6,750	$	15,000	
Amenity Repairs & Maintenance	$	10,000	$	4,208	$	3,333	$	7,542	$	10,000	
Dog Park Water Filtration	$	-	$	-	$	6,500	$	6,500	$	6,500	
Annual Maintenance of Water Filtration System	$	-	$	-	$	2,400	$	2,400	$	2,400	
Contingency	$	10,000	$	1,065	$	5,000	$	6,065	$	15,000	
Subtotal Amenity Expenditures	$	231,275	$	150,638	$	66,879	$	217,517	$	257,201	
						
Total Operations & Maintenance	$	564,035	$	376,392	$	157,668	$	534,059	$	624,684	

Other Expenditures
Capital Reserves - Transfer	

$	125,000	

$	125,000	

$	-	

$	125,000	

$	68,469	
Total Other Expenditures	$	125,000	$	125,000	$	-	$	125,000	$	68,469	
						
Total Expenditures	$	842,100	$	591,772	$	191,805	$	783,577	$	842,100	
						
Excess Revenues/(Expenditures)	$	-	$	273,469	$	(191,805)	$	81,664	$	-	
						
Product	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1027	1.00	$842,100	$819.96	$881.68	
	1027		$842,100			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during 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.

Engineering

The District's engineer, Wood & Associates Engineering, LLC, provides 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, Kilinski/Van WYK, PLLC, provides 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. Grau & Associates provides this service.

Assessment Administration

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

Arbitrage

The District is contracted with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, 2021 and 2022 bonds.

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. This cost is based upon on the Series 2020, 2021 and 2022 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2020, 2021 and 2022 bonds that are deposited with a Trustee at US Bank.

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 various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

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 Services – Central Florida, LLC provides these services.

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 officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda materials 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.

Other Current Charges

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. Governmental Management Services – Central Florida, LLC provides these 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 Expenditures

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings 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. The District has contracted with Prince & Sons, Inc. to provide these services.

Landscape Replacement

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

Pond Maintenance

Represents the estimated maintenance of the pond 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.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. The District has contracted with Prince & Sons, Inc. to provide these services.

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.

Amenity Expenditures

Amenity - Electric

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

Amenity – Water

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

Playground Lease

The District has entered into a leasing agreement with WHFS, LLC and HNB Property, LLC for playgrounds installed in the community.

Internet

Internet service is provided by Spectrum for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Services are provided by Massey Services.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities. Services are provided by CSS of Central Florida.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems installed. Current Demands Electrical, INC provides these services.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. Services are provided by Resort Pool Services.

Amenity Management

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. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity Repairs & Maintenance

The District will incur costs related to the repair and maintenance of the amenities not limited to: the chain link and steel fencing and gates, the dog park stations, soccer field area, playground, pool and cabana areas.

Dog Park Water Filtration

This filtration mechanism typically involves various technologies aimed at removing contaminants, sediment, and impurities from the water, providing a hygienic and refreshing drinking experience for canine visitors.

Annual Maintenance of Water Filtration System

This includes tasks such as filter replacement, system inspection, cleaning, calibration, and any necessary repairs to ensure the system continues to effectively purify water and meet safety standards throughout the year.

Contingency

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

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Proposed Budget
Series 2020 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Special Assessments	$	308,327	$	311,658	$	-	$	311,658	$	308,327	
Interest	$	-	$	10,141	$	3,380	$	13,522	$	6,761	
Carry Forward Surplus	$	115,531	$	117,587	$	-	$	117,587	$	127,663	
Total Revenues	$	423,858	$	439,386	$	3,380	$	442,766	$	442,751	

Expenditures						
Interest Expense - 11/1	$	99,700	$	99,700	$	-	$	99,700	$	98,256	
Principal Expense - 5/1	$	110,000	$	110,000	$	-	$	110,000	$	110,000	
Interest Expense - 5/1	$	99,700	$	99,700	$	-	$	99,700	$	98,256	
Total Expenditures	$	309,400	$	309,400	$	-	$	309,400	$	306,513	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(5,703)	$	-	$	(5,703)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(5,703)	$	-	$	(5,703)	$	-	

Excess Revenues/(Expenditures)

$

114,458	$

124,283	$

3,380	$

127,663	$

136,238

*Carry forward less amount in Reserve funds.	Interest Expense 11/1/25	 $	96,813 
Total	$	96,813

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
SF - Contracted - Other	144	$	194,400	$1,349	$1,450	
SF - Contracted - Meritage	87	$	113,927	$1,308	$1,407	
	231	$	308,327			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	5,065,000.00	$	-	$	98,256.25	$	307,956.25	
05/01/25	$	5,065,000.00	$	110,000.00	$	98,256.25	$	-	
11/01/25	$	4,955,000.00	$	-	$	96,812.50	$	305,068.75	
05/01/26	$	4,955,000.00	$	115,000.00	$	96,812.50	$	-	
11/01/26	$	4,840,000.00	$	-	$	94,943.75	$	306,756.25	
05/01/27	$	4,840,000.00	$	120,000.00	$	94,943.75	$	-	
11/01/27	$	4,720,000.00	$	-	$	92,993.75	$	307,937.50	
05/01/28	$	4,720,000.00	$	120,000.00	$	92,993.75	$	-	
11/01/28	$	4,600,000.00	$	-	$	91,043.75	$	304,037.50	
05/01/29	$	4,600,000.00	$	125,000.00	$	91,043.75	$	-	
11/01/29	$	4,475,000.00	$	-	$	89,012.50	$	305,056.25	
05/01/30	$	4,475,000.00	$	130,000.00	$	89,012.50	$	-	
11/01/30	$	4,345,000.00	$	-	$	86,900.00	$	305,912.50	
05/01/31	$	4,345,000.00	$	135,000.00	$	86,900.00	$	-	
11/01/31	$	4,210,000.00	$	-	$	84,200.00	$	306,100.00	
05/01/32	$	4,210,000.00	$	140,000.00	$	84,200.00	$	-	
11/01/32	$	4,070,000.00	$	-	$	81,400.00	$	305,600.00	
05/01/33	$	4,070,000.00	$	145,000.00	$	81,400.00	$	-	
11/01/33	$	3,925,000.00	$	-	$	78,500.00	$	304,900.00	
05/01/34	$	3,925,000.00	$	150,000.00	$	78,500.00	$	-	
11/01/34	$	3,775,000.00	$	-	$	75,500.00	$	304,000.00	
05/01/35	$	3,775,000.00	$	160,000.00	$	75,500.00	$	-	
11/01/35	$	3,615,000.00	$	-	$	72,300.00	$	307,800.00	
05/01/36	$	3,615,000.00	$	165,000.00	$	72,300.00	$	-	
11/01/36	$	3,450,000.00	$	-	$	69,000.00	$	306,300.00	
05/01/37	$	3,450,000.00	$	170,000.00	$	69,000.00	$	-	
11/01/37	$	3,280,000.00	$	-	$	65,600.00	$	304,600.00	
05/01/38	$	3,280,000.00	$	180,000.00	$	65,600.00	$	-	
11/01/38	$	3,100,000.00	$	-	$	62,000.00	$	307,600.00	
05/01/39	$	3,100,000.00	$	185,000.00	$	62,000.00	$	-	
11/01/39	$	2,915,000.00	$	-	$	58,300.00	$	305,300.00	
05/01/40	$	2,915,000.00	$	195,000.00	$	58,300.00	$	-	
11/01/40	$	2,720,000.00	$	-	$	54,400.00	$	307,700.00	
05/01/41	$	2,720,000.00	$	200,000.00	$	54,400.00	$	-	
11/01/41	$	2,520,000.00	$	-	$	50,400.00	$	304,800.00	
05/01/42	$	2,520,000.00	$	210,000.00	$	50,400.00	$	-	
11/01/42	$	2,310,000.00	$	-	$	46,200.00	$	306,600.00	
05/01/43	$	2,310,000.00	$	220,000.00	$	46,200.00	$	-	
11/01/43	$	2,090,000.00	$	-	$	41,800.00	$	308,000.00	

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
2,090,000.00	
$	225,000.00	
$	41,800.00	
$	
-	
11/01/44	$	1,865,000.00	$	-	$	37,300.00	$	304,100.00	
05/01/45	$	1,865,000.00	$	235,000.00	$	37,300.00	$	-	
11/01/45	$	1,630,000.00	$	-	$	32,600.00	$	304,900.00	
05/01/46	$	1,630,000.00	$	245,000.00	$	32,600.00	$	-	
11/01/46	$	1,385,000.00	$	-	$	27,700.00	$	305,300.00	
05/01/47	$	1,385,000.00	$	255,000.00	$	27,700.00	$	-	
11/01/47	$	1,130,000.00	$	-	$	22,600.00	$	305,300.00	
05/01/48	$	1,130,000.00	$	265,000.00	$	22,600.00	$	-	
11/01/48	$	865,000.00	$	-	$	17,300.00	$	304,900.00	
05/01/49	$	865,000.00	$	275,000.00	$	17,300.00	$	-	
11/01/49	$	590,000.00	$	-	$	11,800.00	$	304,100.00	
05/01/50	$	590,000.00	$	290,000.00	$	11,800.00	$	-	
11/1/50	$	300,000.00	$	-	$	6,000.00	$	307,800.00	
5/1/51	$	300,000.00	$	300,000.00	$	6,000.00	$	306,000.00	
			$	5,065,000.00	$	3,289,725.00	$	8,564,425.00	

Proposed Budget
Series 2021 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Special Assessments	$	276,824	$	280,089	$	-	$	280,089	$	276,824	
Interest	$	-	$	9,203	$	3,068	$	12,271	$	6,135	
Carry Forward Surplus	$	98,769	$	102,250	$	-	$	102,250	$	120,342	
Total Revenues	$	375,593	$	391,543	$	3,068	$	394,610	$	403,301	

Expenditures						
Interest Expense - 11/1	$	84,634	$	84,634	$	-	$	84,634	$	83,388	
Principal Expense - 5/1	$	105,000	$	105,000	$	-	$	105,000	$	110,000	
Interest Expense - 5/1	$	84,634	$	84,634	$	-	$	84,634	$	83,388	
Total Expenditures	$	274,269	$	274,269	$	-	$	274,269	$	276,775	
						
Excess Revenues/(Expenditures)	$	101,324	$	117,274	$	3,068	$	120,342	$	126,526	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/25	

 $	82,081 	
	Total	$	82,081	

Maximum Annual	Net Assessment Per	Gross Assessment
Product	Assessable Units	Debt Service	Unit	Per Unit	
Single Family	205	$	276,824	$1,350	$1,452	
	205	$	276,824			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	4,655,000.00	$	-	$	83,387.50	$	273,021.88	
05/01/25	$	4,655,000.00	$	110,000.00	$	83,387.50	$	-	
11/01/25	$	4,435,000.00	$	-	$	82,081.25	$	275,468.75	
05/01/26	$	4,435,000.00	$	110,000.00	$	82,081.25	$	-	
11/01/26	$	4,435,000.00	$	-	$	80,775.00	$	272,856.25	
05/01/27	$	4,435,000.00	$	115,000.00	$	80,775.00	$	-	
11/01/27	$	4,320,000.00	$	-	$	79,050.00	$	274,825.00	
05/01/28	$	4,320,000.00	$	120,000.00	$	79,050.00	$	-	
11/01/28	$	4,200,000.00	$	-	$	77,250.00	$	276,300.00	
05/01/29	$	4,200,000.00	$	120,000.00	$	77,250.00	$	-	
11/01/29	$	4,080,000.00	$	-	$	75,450.00	$	272,700.00	
05/01/30	$	4,080,000.00	$	125,000.00	$	75,450.00	$	-	
11/01/30	$	3,955,000.00	$	-	$	73,575.00	$	274,025.00	
05/01/31	$	3,825,000.00	$	130,000.00	$	73,575.00	$	-	
11/01/31	$	3,825,000.00	$	-	$	71,625.00	$	275,200.00	
05/01/32	$	3,825,000.00	$	135,000.00	$	71,625.00	$	-	
11/01/32	$	3,690,000.00	$	-	$	69,346.88	$	275,971.88	
05/01/33	$	3,690,000.00	$	140,000.00	$	69,346.88	$	-	
11/01/33	$	3,550,000.00	$	-	$	66,984.38	$	276,331.25	
05/01/34	$	3,550,000.00	$	145,000.00	$	66,984.38	$	-	
11/01/34	$	3,405,000.00	$	-	$	64,537.50	$	276,521.88	
05/01/35	$	3,405,000.00	$	145,000.00	$	64,537.50	$	-	
11/01/35	$	3,260,000.00	$	-	$	62,090.63	$	271,628.13	
05/01/36	$	3,260,000.00	$	150,000.00	$	62,090.63	$	-	
11/01/36	$	3,110,000.00	$	-	$	59,559.38	$	271,650.00	
05/01/37	$	3,110,000.00	$	155,000.00	$	59,559.38	$	-	
11/01/37	$	2,955,000.00	$	-	$	56,943.75	$	271,503.13	
05/01/38	$	2,955,000.00	$	165,000.00	$	56,943.75	$	-	
11/01/38	$	2,790,000.00	$	-	$	54,159.38	$	276,103.13	
05/01/39	$	2,790,000.00	$	170,000.00	$	54,159.38	$	-	
11/01/39	$	2,620,000.00	$	-	$	51,290.63	$	275,450.00	
05/01/40	$	2,620,000.00	$	175,000.00	$	51,290.63	$	-	
11/01/40	$	2,265,000.00	$	-	$	48,337.50	$	274,628.13	
05/01/41	$	2,265,000.00	$	180,000.00	$	48,337.50	$	-	
11/01/41	$	2,265,000.00	$	-	$	45,300.00	$	273,637.50	
05/01/42	$	2,265,000.00	$	185,000.00	$	45,300.00	$	-	
11/01/42	$	2,080,000.00	$	-	$	41,600.00	$	271,900.00	
05/01/43	$	2,080,000.00	$	195,000.00	$	41,600.00	$	-	
11/01/43	$	1,885,000.00	$	-	$	37,700.00	$	274,300.00	
05/01/44	$	1,885,000.00	$	205,000.00	$	37,700.00	$	-	
11/01/44	$	1,680,000.00	$	-	$	33,600.00	$	276,300.00	
05/01/45	$	1,680,000.00	$	210,000.00	$	33,600.00	$	-	

Date	Balance	Prinicpal	Interest	Total

11/01/45	$	1,470,000.00	$	-	$	29,400.00	$	273,000.00	
05/01/46	$	1,470,000.00	$	220,000.00	$	29,400.00	$	-	
11/01/46	$	1,250,000.00	$	-	$	25,000.00	$	274,400.00	
05/01/47	$	1,250,000.00	$	230,000.00	$	25,000.00	$	-	
11/01/47	$	1,020,000.00	$	-	$	20,400.00	$	275,400.00	
05/01/48	$	1,020,000.00	$	240,000.00	$	20,400.00	$	-	
11/01/48	$	780,000.00	$	-	$	15,600.00	$	276,000.00	
05/01/49	$	780,000.00	$	250,000.00	$	15,600.00	$	-	
11/01/49	$	530,000.00	$	-	$	10,600.00	$	276,200.00	
05/01/50	$	530,000.00	$	260,000.00	$	10,600.00	$	-	
11/1/50	$	270,000.00	$	-	$	5,400.00	$	276,000.00	
5/1/51	$	270,000.00	$	270,000.00	$	5,400.00	$	275,400.00	

$	4,655,000.00	$	2,842,087.50	$	7,686,721.88

Proposed Budget
Series 2022 Debt Service Fund

Adopted Budget
Description	FY2024	Actuals Thru 6/30/24	Projected Next
3 Months	Total Thru 9/30/24	Proposed Budget FY2025	

Revenues						
Special Assessments	$	904,500	$	861,442	$	21,284	$	882,726	$	797,850	
Assessments - Prepayment	$	-	$	384,907	$	-	$	384,907	$	-	
Assessments - Lot Closings	$	-	$	21,774	$	-	$	21,774	$	-	
Interest	$	-	$	55,958	$	18,653	$	74,611	$	37,305	
Carry Forward Surplus	$	774,474	$	1,227,182	$	-	$	1,227,182	$	66,273	
Total Revenues	$	1,678,974	$	2,551,263	$	39,936	$	2,591,199	$	901,428	

Expenditures						
Interest Expense - 11/1	$	335,050	$	329,886	$	-	$	329,886	$	290,483	
Special Call - 11/1	$	-	$	845,000	$	-	$	845,000	$	-	
Special Call - 2/1	$	-	$	410,000	$	-	$	410,000	$	-	

Special Call - 5/1

$	-	$

-	$	420,000	$

420,000	$	-

Principal Expense - 5/1	$	235,000	$	215,000	$	-	$	215,000	$	215,000	
Interest Expense - 5/1	$	335,050	$	305,040	$	-	$	305,040	$	290,483	
Total Expenditures	$	905,100	$	2,104,926	$	420,000	$	2,524,926	$	795,965	
						
Excess Revenues/(Expenditures)	$	773,874	$	446,337	$	(380,064)	$	66,273	$	105,463	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/25	

 $	285,968 	
	Total	$	285,968	

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - Phase 3	382	$	515,700	$1,350	$1,452	
Single Family - Phase 4	209	$	282,150	$1,350	$1,452	
		$	797,850			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	12,120,000.00	$	-	$	290,482.50	$	290,482.50	
05/01/25	$	12,120,000.00	$	215,000.00	$	290,482.50	$	-	
11/01/25	$	11,445,000.00	$	-	$	285,967.50	$	791,450.00	
05/01/26	$	11,445,000.00	$	225,000.00	$	285,967.50	$	-	
11/01/26	$	11,445,000.00	$	-	$	281,242.50	$	792,210.00	
05/01/27	$	11,445,000.00	$	235,000.00	$	281,242.50	$	-	
11/01/27	$	11,445,000.00	$	-	$	276,307.50	$	792,550.00	
05/01/28	$	11,445,000.00	$	245,000.00	$	276,307.50	$	-	
11/01/28	$	11,200,000.00	$	-	$	270,917.50	$	792,225.00	
05/01/29	$	11,200,000.00	$	260,000.00	$	270,917.50	$	-	
11/01/29	$	10,940,000.00	$	-	$	265,197.50	$	796,115.00	
05/01/30	$	10,940,000.00	$	270,000.00	$	265,197.50	$	-	
11/01/30	$	10,670,000.00	$	-	$	259,257.50	$	794,455.00	
05/01/31	$	10,095,000.00	$	280,000.00	$	259,257.50	$	-	
11/01/31	$	10,095,000.00	$	-	$	253,097.50	$	792,355.00	
05/01/32	$	10,095,000.00	$	295,000.00	$	253,097.50	$	-	
11/01/32	$	10,095,000.00	$	-	$	246,607.50	$	794,705.00	
05/01/33	$	10,095,000.00	$	310,000.00	$	246,607.50	$	-	
11/01/33	$	9,785,000.00	$	-	$	239,322.50	$	795,930.00	
05/01/34	$	9,785,000.00	$	320,000.00	$	239,322.50	$	-	
11/01/34	$	9,465,000.00	$	-	$	231,802.50	$	791,125.00	
05/01/35	$	9,465,000.00	$	340,000.00	$	231,802.50	$	-	
11/01/35	$	9,125,000.00	$	-	$	223,812.50	$	795,615.00	
05/01/36	$	9,125,000.00	$	355,000.00	$	223,812.50	$	-	
11/01/36	$	8,770,000.00	$	-	$	215,470.00	$	794,282.50	
05/01/37	$	8,770,000.00	$	370,000.00	$	215,470.00	$	-	
11/01/37	$	8,400,000.00	$	-	$	206,775.00	$	792,245.00	
05/01/38	$	8,400,000.00	$	390,000.00	$	206,775.00	$	-	
11/01/38	$	8,010,000.00	$	-	$	197,610.00	$	794,385.00	
05/01/39	$	8,010,000.00	$	410,000.00	$	197,610.00	$	-	
11/01/39	$	7,600,000.00	$	-	$	187,975.00	$	795,585.00	
05/01/40	$	7,600,000.00	$	430,000.00	$	187,975.00	$	-	
11/01/40	$	6,250,000.00	$	-	$	177,870.00	$	795,845.00	
05/01/41	$	6,250,000.00	$	450,000.00	$	177,870.00	$	-	
11/01/41	$	6,250,000.00	$	-	$	167,295.00	$	795,165.00	
05/01/42	$	6,250,000.00	$	470,000.00	$	167,295.00	$	-	
11/01/42	$	6,250,000.00	$	-	$	156,250.00	$	793,545.00	
05/01/43	$	6,250,000.00	$	495,000.00	$	156,250.00	$	-	
11/01/43	$	5,755,000.00	$	-	$	143,875.00	$	795,125.00	
05/01/44	$	5,755,000.00	$	520,000.00	$	143,875.00	$	-	
11/01/44	$	5,235,000.00	$	-	$	130,875.00	$	794,750.00	
05/01/45	$	5,235,000.00	$	545,000.00	$	130,875.00	$	-	
11/01/45	$	4,690,000.00	$	-	$	117,250.00	$	793,125.00	
05/01/46	$	4,690,000.00	$	575,000.00	$	117,250.00	$	-	
11/01/46	$	4,115,000.00	$	-	$	102,875.00	$	795,125.00	

Date		Balance	Prinicpal	Interest		Total	

05/01/47	
$	
4,115,000.00	
$	605,000.00	
$	102,875.00	
$	
-	
11/01/47	$	3,510,000.00	$	-	$	87,750.00	$	795,625.00	
05/01/48	$	3,510,000.00	$	635,000.00	$	87,750.00	$	-	
11/01/48	$	2,875,000.00	$	-	$	71,875.00	$	794,625.00	
05/01/49	$	2,875,000.00	$	665,000.00	$	71,875.00	$	-	
11/01/49	$	2,210,000.00	$	-	$	55,250.00	$	792,125.00	
05/01/50	$	2,210,000.00	$	700,000.00	$	55,250.00	$	-	
11/01/50	$	1,510,000.00	$	-	$	37,750.00	$	793,000.00	
05/01/51	$	1,510,000.00	$	735,000.00	$	37,750.00	$	-	
11/01/51	$	775,000.00	$	-	$	19,375.00	$	792,125.00	
05/01/52	$	775,000.00	$	775,000.00	$	19,375.00	$	794,375.00	
			$	12,120,000.00	$	10,400,270.00	$	22,520,270.00	

Proposed Budget Capital Reserve Fund

	Adopted Budget FY2024		Actuals Thru 6/30/24		Projected Next
3 Months		Total Projected 9/30/24		Proposed Budget FY2025		

Revenues												
Interest	$		-	$		-	$		-	$		-	$		-	
Carry Forward Surplus	$		-	$		-	$		-	$		-	$		-	
Total Revenues	$		-	$		-	$		-	$		-	$		-	

Expenditures												
Capital Outlay	$		-	$		-	$		-	$		-	$		-	
Total Expenditures	$		-	$		-	$		-	$		-	$		-	

Other Financing Sources/(Uses)												

Transfer In (Out)	$	125,000	$	-	$	-	$	-	$	68,469	
Total Other Financing Sources/(Uses)	$	125,000	$	-	$	-	$	-	$	68,469	
			
Excess Revenues/(Expenditures)	$	125,000	$	-	$	-	$	-	$	68,469	

Section 2

RESOLUTION 2024-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2024/2025; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Hammock Reserve Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, certain infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Polk County, Florida (“County”); and
WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2024 and ending September 30, 2025 (“Fiscal Year 2024/2025”), attached hereto as Exhibit “A;” and
WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and
WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and
WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and
WHEREAS, the District has previously levied assessments for debt service, which the District desires to collect for Fiscal Year 2024/2025; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and
WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached hereto as Exhibit “B,” and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B,” and is hereby found to be fair and reasonable.
SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits “A” and “B.” The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified for collection. to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.
SECTION 5. Assessment Roll Amendment. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.
SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 1st day of August 2024.
ATTEST:	HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Budget
Exhibit B:	Assessment Roll (Uniform Method)

Hammock Reserve
Community Development District

Proposed Budget
FY2025

fll  ft
lu1•1

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2021 Debt Service Fund	

12-13	

Series 2021 Amortization Schedule	

14	

Series 2022 Debt Service Fund	

15-16	

Series 2022 Amortization Schedule	

17	

Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Assessments - Tax Roll	$	837,930	$	847,815	$	-	$	847,815	$	842,100	
Assessments - Direct Bill	$	4,170	$	4,171	$	-	$	4,171	$	-	
Assessments - Lot Closings	$	-	$	13,225	$	-	$	13,225	$	-	
Other Income	$	-	$	30	$	-	$	30	$	-	
Total Revenues	$	842,100	$	865,241	$	-	$	865,241	$	842,100	

Expenditures						
Administrative
Supervisor Fees	

$	12,000	

$	3,600	

$	3,000	

$	6,600	

$	12,000	
Engineering	$	15,000	$	1,403	$	5,500	$	6,903	$	15,000	
Attorney	$	30,000	$	11,531	$	7,500	$	19,031	$	25,000	
Annual Audit	$	9,200	$	9,100	$	-	$	9,100	$	9,200	
Assessment Administration	$	5,300	$	5,300	$	-	$	5,300	$	5,565	
Arbitrage	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Dissemination	$	7,500	$	7,125	$	2,375	$	9,500	$	7,875	
Trustee Fees	$	12,123	$	11,112	$	1,011	$	12,123	$	12,123	
Management Fees	$	40,124	$	30,093	$	10,031	$	40,124	$	45,000	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,890	
Website Maintenance	$	1,200	$	900	$	300	$	1,200	$	1,260	
Postage & Delivery	$	1,000	$	1,082	$	85	$	1,167	$	1,000	
Insurance	$	6,119	$	5,758	$	-	$	5,758	$	6,334	
Copies	$	500	$	103	$	85	$	188	$	500	
Legal Advertising	$	7,500	$	-	$	3,500	$	3,500	$	2,500	
Other Current Charges	$	1,550	$	372	$	250	$	622	$	1,550	
Office Supplies	$	625	$	27	$	50	$	77	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	153,066	$	90,380	$	34,137	$	124,518	$	148,947	

Operations & Maintenance Field Expenditures Property Insurance	

$	18,000	

$	20,892	

$	-	

$	20,892	

$	22,923	
Field Management	$	15,900	$	11,925	$	3,975	$	15,900	$	20,000	
Landscape Maintenance	$	190,000	$	141,518	$	45,606	$	187,124	$	190,000	
Landscape Replacement	$	25,000	$	6,876	$	8,333	$	15,209	$	40,000	
Pond Maintenance	$	10,000	$	6,700	$	3,300	$	10,000	$	10,200	
Streetlights	$	30,360	$	22,955	$	8,850	$	31,805	$	30,360	
Electric	$	8,000	$	8,176	$	2,940	$	11,116	$	12,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	8,000	$	1,715	$	6,285	$	8,000	$	7,000	
General Repairs & Maintenance	$	15,000	$	4,996	$	3,750	$	8,746	$	22,500	
Contingency	$	10,000	$	-	$	6,500	$	6,500	$	10,000	
Subtotal Field Expenditures	$	332,760	$	225,753	$	90,789	$	316,542	$	367,483	

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Amenity Expenditures						
Amenity - Electric	$	12,804	$	8,126	$	3,600	$	11,726	$	14,500	
Amenity - Water	$	10,000	$	4,527	$	1,740	$	6,267	$	10,000	
Playground Lease	$	103,993	$	77,995	$	25,998	$	103,993	$	103,993	
Internet	$	1,500	$	800	$	270	$	1,070	$	1,500	
Pest Control	$	528	$	360	$	120	$	480	$	528	
Janitorial Services	$	17,100	$	7,645	$	2,565	$	10,210	$	18,080	
Security Services	$	36,000	$	23,574	$	8,025	$	31,599	$	36,000	
Pool Maintenance	$	22,600	$	17,275	$	5,640	$	22,915	$	23,700	
Amenity Management	$	6,750	$	5,063	$	1,688	$	6,750	$	15,000	
Amenity Repairs & Maintenance	$	10,000	$	4,208	$	3,333	$	7,542	$	10,000	
Dog Park Water Filtration	$	-	$	-	$	6,500	$	6,500	$	6,500	
Annual Maintenance of Water Filtration System	$	-	$	-	$	2,400	$	2,400	$	2,400	
Contingency	$	10,000	$	1,065	$	5,000	$	6,065	$	15,000	
Subtotal Amenity Expenditures	$	231,275	$	150,638	$	66,879	$	217,517	$	257,201	
						
Total Operations & Maintenance	$	564,035	$	376,392	$	157,668	$	534,059	$	624,684	

Other Expenditures
Capital Reserves - Transfer	

$	125,000	

$	125,000	

$	-	

$	125,000	

$	68,469	
Total Other Expenditures	$	125,000	$	125,000	$	-	$	125,000	$	68,469	
						
Total Expenditures	$	842,100	$	591,772	$	191,805	$	783,577	$	842,100	
						
Excess Revenues/(Expenditures)	$	-	$	273,469	$	(191,805)	$	81,664	$	-	
						
Product	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1027	1.00	$842,100	$819.96	$881.68	
	1027		$842,100			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during 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.

Engineering

The District's engineer, Wood & Associates Engineering, LLC, provides 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, Kilinski/Van WYK, PLLC, provides 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. Grau & Associates provides this service.

Assessment Administration

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

Arbitrage

The District is contracted with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, 2021 and 2022 bonds.

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. This cost is based upon on the Series 2020, 2021 and 2022 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2020, 2021 and 2022 bonds that are deposited with a Trustee at US Bank.

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 various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

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 Services – Central Florida, LLC provides these services.

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 officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda materials 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.

Other Current Charges

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. Governmental Management Services – Central Florida, LLC provides these 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 Expenditures

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings 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. The District has contracted with Prince & Sons, Inc. to provide these services.

Landscape Replacement

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

Pond Maintenance

Represents the estimated maintenance of the pond 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.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. The District has contracted with Prince & Sons, Inc. to provide these services.

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.

Amenity Expenditures

Amenity - Electric

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

Amenity – Water

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

Playground Lease

The District has entered into a leasing agreement with WHFS, LLC and HNB Property, LLC for playgrounds installed in the community.

Internet

Internet service is provided by Spectrum for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Services are provided by Massey Services.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities. Services are provided by CSS of Central Florida.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems installed. Current Demands Electrical, INC provides these services.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. Services are provided by Resort Pool Services.

Amenity Management

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. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity Repairs & Maintenance

The District will incur costs related to the repair and maintenance of the amenities not limited to: the chain link and steel fencing and gates, the dog park stations, soccer field area, playground, pool and cabana areas.

Dog Park Water Filtration

This filtration mechanism typically involves various technologies aimed at removing contaminants, sediment, and impurities from the water, providing a hygienic and refreshing drinking experience for canine visitors.

Annual Maintenance of Water Filtration System

This includes tasks such as filter replacement, system inspection, cleaning, calibration, and any necessary repairs to ensure the system continues to effectively purify water and meet safety standards throughout the year.

Contingency

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

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Proposed Budget
Series 2020 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Special Assessments	$	308,327	$	311,658	$	-	$	311,658	$	308,327	
Interest	$	-	$	10,141	$	3,380	$	13,522	$	6,761	
Carry Forward Surplus	$	115,531	$	117,587	$	-	$	117,587	$	127,663	
Total Revenues	$	423,858	$	439,386	$	3,380	$	442,766	$	442,751	

Expenditures						
Interest Expense - 11/1	$	99,700	$	99,700	$	-	$	99,700	$	98,256	
Principal Expense - 5/1	$	110,000	$	110,000	$	-	$	110,000	$	110,000	
Interest Expense - 5/1	$	99,700	$	99,700	$	-	$	99,700	$	98,256	
Total Expenditures	$	309,400	$	309,400	$	-	$	309,400	$	306,513	

Other Financing Sources/(Uses)						
Transfer In/(Out)	$	-	$	(5,703)	$	-	$	(5,703)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(5,703)	$	-	$	(5,703)	$	-	

Excess Revenues/(Expenditures)

$

114,458	$

124,283	$

3,380	$

127,663	$

136,238

*Carry forward less amount in Reserve funds.	Interest Expense 11/1/25	 $	96,813 
Total	$	96,813

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
SF - Contracted - Other	144	$	194,400	$1,349	$1,450	
SF - Contracted - Meritage	87	$	113,927	$1,308	$1,407	
	231	$	308,327			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	5,065,000.00	$	-	$	98,256.25	$	307,956.25	
05/01/25	$	5,065,000.00	$	110,000.00	$	98,256.25	$	-	
11/01/25	$	4,955,000.00	$	-	$	96,812.50	$	305,068.75	
05/01/26	$	4,955,000.00	$	115,000.00	$	96,812.50	$	-	
11/01/26	$	4,840,000.00	$	-	$	94,943.75	$	306,756.25	
05/01/27	$	4,840,000.00	$	120,000.00	$	94,943.75	$	-	
11/01/27	$	4,720,000.00	$	-	$	92,993.75	$	307,937.50	
05/01/28	$	4,720,000.00	$	120,000.00	$	92,993.75	$	-	
11/01/28	$	4,600,000.00	$	-	$	91,043.75	$	304,037.50	
05/01/29	$	4,600,000.00	$	125,000.00	$	91,043.75	$	-	
11/01/29	$	4,475,000.00	$	-	$	89,012.50	$	305,056.25	
05/01/30	$	4,475,000.00	$	130,000.00	$	89,012.50	$	-	
11/01/30	$	4,345,000.00	$	-	$	86,900.00	$	305,912.50	
05/01/31	$	4,345,000.00	$	135,000.00	$	86,900.00	$	-	
11/01/31	$	4,210,000.00	$	-	$	84,200.00	$	306,100.00	
05/01/32	$	4,210,000.00	$	140,000.00	$	84,200.00	$	-	
11/01/32	$	4,070,000.00	$	-	$	81,400.00	$	305,600.00	
05/01/33	$	4,070,000.00	$	145,000.00	$	81,400.00	$	-	
11/01/33	$	3,925,000.00	$	-	$	78,500.00	$	304,900.00	
05/01/34	$	3,925,000.00	$	150,000.00	$	78,500.00	$	-	
11/01/34	$	3,775,000.00	$	-	$	75,500.00	$	304,000.00	
05/01/35	$	3,775,000.00	$	160,000.00	$	75,500.00	$	-	
11/01/35	$	3,615,000.00	$	-	$	72,300.00	$	307,800.00	
05/01/36	$	3,615,000.00	$	165,000.00	$	72,300.00	$	-	
11/01/36	$	3,450,000.00	$	-	$	69,000.00	$	306,300.00	
05/01/37	$	3,450,000.00	$	170,000.00	$	69,000.00	$	-	
11/01/37	$	3,280,000.00	$	-	$	65,600.00	$	304,600.00	
05/01/38	$	3,280,000.00	$	180,000.00	$	65,600.00	$	-	
11/01/38	$	3,100,000.00	$	-	$	62,000.00	$	307,600.00	
05/01/39	$	3,100,000.00	$	185,000.00	$	62,000.00	$	-	
11/01/39	$	2,915,000.00	$	-	$	58,300.00	$	305,300.00	
05/01/40	$	2,915,000.00	$	195,000.00	$	58,300.00	$	-	
11/01/40	$	2,720,000.00	$	-	$	54,400.00	$	307,700.00	
05/01/41	$	2,720,000.00	$	200,000.00	$	54,400.00	$	-	
11/01/41	$	2,520,000.00	$	-	$	50,400.00	$	304,800.00	
05/01/42	$	2,520,000.00	$	210,000.00	$	50,400.00	$	-	
11/01/42	$	2,310,000.00	$	-	$	46,200.00	$	306,600.00	
05/01/43	$	2,310,000.00	$	220,000.00	$	46,200.00	$	-	
11/01/43	$	2,090,000.00	$	-	$	41,800.00	$	308,000.00	

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
2,090,000.00	
$	225,000.00	
$	41,800.00	
$	
-	
11/01/44	$	1,865,000.00	$	-	$	37,300.00	$	304,100.00	
05/01/45	$	1,865,000.00	$	235,000.00	$	37,300.00	$	-	
11/01/45	$	1,630,000.00	$	-	$	32,600.00	$	304,900.00	
05/01/46	$	1,630,000.00	$	245,000.00	$	32,600.00	$	-	
11/01/46	$	1,385,000.00	$	-	$	27,700.00	$	305,300.00	
05/01/47	$	1,385,000.00	$	255,000.00	$	27,700.00	$	-	
11/01/47	$	1,130,000.00	$	-	$	22,600.00	$	305,300.00	
05/01/48	$	1,130,000.00	$	265,000.00	$	22,600.00	$	-	
11/01/48	$	865,000.00	$	-	$	17,300.00	$	304,900.00	
05/01/49	$	865,000.00	$	275,000.00	$	17,300.00	$	-	
11/01/49	$	590,000.00	$	-	$	11,800.00	$	304,100.00	
05/01/50	$	590,000.00	$	290,000.00	$	11,800.00	$	-	
11/1/50	$	300,000.00	$	-	$	6,000.00	$	307,800.00	
5/1/51	$	300,000.00	$	300,000.00	$	6,000.00	$	306,000.00	
			$	5,065,000.00	$	3,289,725.00	$	8,564,425.00	

Proposed Budget
Series 2021 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2024	6/30/24	3 Months	9/30/24	FY2025	

Revenues						
Special Assessments	$	276,824	$	280,089	$	-	$	280,089	$	276,824	
Interest	$	-	$	9,203	$	3,068	$	12,271	$	6,135	
Carry Forward Surplus	$	98,769	$	102,250	$	-	$	102,250	$	120,342	
Total Revenues	$	375,593	$	391,543	$	3,068	$	394,610	$	403,301	

Expenditures						
Interest Expense - 11/1	$	84,634	$	84,634	$	-	$	84,634	$	83,388	
Principal Expense - 5/1	$	105,000	$	105,000	$	-	$	105,000	$	110,000	
Interest Expense - 5/1	$	84,634	$	84,634	$	-	$	84,634	$	83,388	
Total Expenditures	$	274,269	$	274,269	$	-	$	274,269	$	276,775	
						
Excess Revenues/(Expenditures)	$	101,324	$	117,274	$	3,068	$	120,342	$	126,526	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/25	

 $	82,081 	
	Total	$	82,081	

Maximum Annual	Net Assessment Per	Gross Assessment
Product	Assessable Units	Debt Service	Unit	Per Unit	
Single Family	205	$	276,824	$1,350	$1,452	
	205	$	276,824			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	4,655,000.00	$	-	$	83,387.50	$	273,021.88	
05/01/25	$	4,655,000.00	$	110,000.00	$	83,387.50	$	-	
11/01/25	$	4,435,000.00	$	-	$	82,081.25	$	275,468.75	
05/01/26	$	4,435,000.00	$	110,000.00	$	82,081.25	$	-	
11/01/26	$	4,435,000.00	$	-	$	80,775.00	$	272,856.25	
05/01/27	$	4,435,000.00	$	115,000.00	$	80,775.00	$	-	
11/01/27	$	4,320,000.00	$	-	$	79,050.00	$	274,825.00	
05/01/28	$	4,320,000.00	$	120,000.00	$	79,050.00	$	-	
11/01/28	$	4,200,000.00	$	-	$	77,250.00	$	276,300.00	
05/01/29	$	4,200,000.00	$	120,000.00	$	77,250.00	$	-	
11/01/29	$	4,080,000.00	$	-	$	75,450.00	$	272,700.00	
05/01/30	$	4,080,000.00	$	125,000.00	$	75,450.00	$	-	
11/01/30	$	3,955,000.00	$	-	$	73,575.00	$	274,025.00	
05/01/31	$	3,825,000.00	$	130,000.00	$	73,575.00	$	-	
11/01/31	$	3,825,000.00	$	-	$	71,625.00	$	275,200.00	
05/01/32	$	3,825,000.00	$	135,000.00	$	71,625.00	$	-	
11/01/32	$	3,690,000.00	$	-	$	69,346.88	$	275,971.88	
05/01/33	$	3,690,000.00	$	140,000.00	$	69,346.88	$	-	
11/01/33	$	3,550,000.00	$	-	$	66,984.38	$	276,331.25	
05/01/34	$	3,550,000.00	$	145,000.00	$	66,984.38	$	-	
11/01/34	$	3,405,000.00	$	-	$	64,537.50	$	276,521.88	
05/01/35	$	3,405,000.00	$	145,000.00	$	64,537.50	$	-	
11/01/35	$	3,260,000.00	$	-	$	62,090.63	$	271,628.13	
05/01/36	$	3,260,000.00	$	150,000.00	$	62,090.63	$	-	
11/01/36	$	3,110,000.00	$	-	$	59,559.38	$	271,650.00	
05/01/37	$	3,110,000.00	$	155,000.00	$	59,559.38	$	-	
11/01/37	$	2,955,000.00	$	-	$	56,943.75	$	271,503.13	
05/01/38	$	2,955,000.00	$	165,000.00	$	56,943.75	$	-	
11/01/38	$	2,790,000.00	$	-	$	54,159.38	$	276,103.13	
05/01/39	$	2,790,000.00	$	170,000.00	$	54,159.38	$	-	
11/01/39	$	2,620,000.00	$	-	$	51,290.63	$	275,450.00	
05/01/40	$	2,620,000.00	$	175,000.00	$	51,290.63	$	-	
11/01/40	$	2,265,000.00	$	-	$	48,337.50	$	274,628.13	
05/01/41	$	2,265,000.00	$	180,000.00	$	48,337.50	$	-	
11/01/41	$	2,265,000.00	$	-	$	45,300.00	$	273,637.50	
05/01/42	$	2,265,000.00	$	185,000.00	$	45,300.00	$	-	
11/01/42	$	2,080,000.00	$	-	$	41,600.00	$	271,900.00	
05/01/43	$	2,080,000.00	$	195,000.00	$	41,600.00	$	-	
11/01/43	$	1,885,000.00	$	-	$	37,700.00	$	274,300.00	
05/01/44	$	1,885,000.00	$	205,000.00	$	37,700.00	$	-	
11/01/44	$	1,680,000.00	$	-	$	33,600.00	$	276,300.00	
05/01/45	$	1,680,000.00	$	210,000.00	$	33,600.00	$	-	

Date	Balance	Prinicpal	Interest	Total

11/01/45	$	1,470,000.00	$	-	$	29,400.00	$	273,000.00	
05/01/46	$	1,470,000.00	$	220,000.00	$	29,400.00	$	-	
11/01/46	$	1,250,000.00	$	-	$	25,000.00	$	274,400.00	
05/01/47	$	1,250,000.00	$	230,000.00	$	25,000.00	$	-	
11/01/47	$	1,020,000.00	$	-	$	20,400.00	$	275,400.00	
05/01/48	$	1,020,000.00	$	240,000.00	$	20,400.00	$	-	
11/01/48	$	780,000.00	$	-	$	15,600.00	$	276,000.00	
05/01/49	$	780,000.00	$	250,000.00	$	15,600.00	$	-	
11/01/49	$	530,000.00	$	-	$	10,600.00	$	276,200.00	
05/01/50	$	530,000.00	$	260,000.00	$	10,600.00	$	-	
11/1/50	$	270,000.00	$	-	$	5,400.00	$	276,000.00	
5/1/51	$	270,000.00	$	270,000.00	$	5,400.00	$	275,400.00	

$	4,655,000.00	$	2,842,087.50	$	7,686,721.88

Proposed Budget
Series 2022 Debt Service Fund

Adopted Budget
Description	FY2024	Actuals Thru 6/30/24	Projected Next
3 Months	Total Thru 9/30/24	Proposed Budget FY2025	

Revenues						
Special Assessments	$	904,500	$	861,442	$	21,284	$	882,726	$	797,850	
Assessments - Prepayment	$	-	$	384,907	$	-	$	384,907	$	-	
Assessments - Lot Closings	$	-	$	21,774	$	-	$	21,774	$	-	
Interest	$	-	$	55,958	$	18,653	$	74,611	$	37,305	
Carry Forward Surplus	$	774,474	$	1,227,182	$	-	$	1,227,182	$	66,273	
Total Revenues	$	1,678,974	$	2,551,263	$	39,936	$	2,591,199	$	901,428	

Expenditures						
Interest Expense - 11/1	$	335,050	$	329,886	$	-	$	329,886	$	290,483	
Special Call - 11/1	$	-	$	845,000	$	-	$	845,000	$	-	
Special Call - 2/1	$	-	$	410,000	$	-	$	410,000	$	-	

Special Call - 5/1

$	-	$

-	$	420,000	$

420,000	$	-

Principal Expense - 5/1	$	235,000	$	215,000	$	-	$	215,000	$	215,000	
Interest Expense - 5/1	$	335,050	$	305,040	$	-	$	305,040	$	290,483	
Total Expenditures	$	905,100	$	2,104,926	$	420,000	$	2,524,926	$	795,965	
						
Excess Revenues/(Expenditures)	$	773,874	$	446,337	$	(380,064)	$	66,273	$	105,463	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/25	

 $	285,968 	
	Total	$	285,968	

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - Phase 3	382	$	515,700	$1,350	$1,452	
Single Family - Phase 4	209	$	282,150	$1,350	$1,452	
		$	797,850			

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	12,120,000.00	$	-	$	290,482.50	$	290,482.50	
05/01/25	$	12,120,000.00	$	215,000.00	$	290,482.50	$	-	
11/01/25	$	11,445,000.00	$	-	$	285,967.50	$	791,450.00	
05/01/26	$	11,445,000.00	$	225,000.00	$	285,967.50	$	-	
11/01/26	$	11,445,000.00	$	-	$	281,242.50	$	792,210.00	
05/01/27	$	11,445,000.00	$	235,000.00	$	281,242.50	$	-	
11/01/27	$	11,445,000.00	$	-	$	276,307.50	$	792,550.00	
05/01/28	$	11,445,000.00	$	245,000.00	$	276,307.50	$	-	
11/01/28	$	11,200,000.00	$	-	$	270,917.50	$	792,225.00	
05/01/29	$	11,200,000.00	$	260,000.00	$	270,917.50	$	-	
11/01/29	$	10,940,000.00	$	-	$	265,197.50	$	796,115.00	
05/01/30	$	10,940,000.00	$	270,000.00	$	265,197.50	$	-	
11/01/30	$	10,670,000.00	$	-	$	259,257.50	$	794,455.00	
05/01/31	$	10,095,000.00	$	280,000.00	$	259,257.50	$	-	
11/01/31	$	10,095,000.00	$	-	$	253,097.50	$	792,355.00	
05/01/32	$	10,095,000.00	$	295,000.00	$	253,097.50	$	-	
11/01/32	$	10,095,000.00	$	-	$	246,607.50	$	794,705.00	
05/01/33	$	10,095,000.00	$	310,000.00	$	246,607.50	$	-	
11/01/33	$	9,785,000.00	$	-	$	239,322.50	$	795,930.00	
05/01/34	$	9,785,000.00	$	320,000.00	$	239,322.50	$	-	
11/01/34	$	9,465,000.00	$	-	$	231,802.50	$	791,125.00	
05/01/35	$	9,465,000.00	$	340,000.00	$	231,802.50	$	-	
11/01/35	$	9,125,000.00	$	-	$	223,812.50	$	795,615.00	
05/01/36	$	9,125,000.00	$	355,000.00	$	223,812.50	$	-	
11/01/36	$	8,770,000.00	$	-	$	215,470.00	$	794,282.50	
05/01/37	$	8,770,000.00	$	370,000.00	$	215,470.00	$	-	
11/01/37	$	8,400,000.00	$	-	$	206,775.00	$	792,245.00	
05/01/38	$	8,400,000.00	$	390,000.00	$	206,775.00	$	-	
11/01/38	$	8,010,000.00	$	-	$	197,610.00	$	794,385.00	
05/01/39	$	8,010,000.00	$	410,000.00	$	197,610.00	$	-	
11/01/39	$	7,600,000.00	$	-	$	187,975.00	$	795,585.00	
05/01/40	$	7,600,000.00	$	430,000.00	$	187,975.00	$	-	
11/01/40	$	6,250,000.00	$	-	$	177,870.00	$	795,845.00	
05/01/41	$	6,250,000.00	$	450,000.00	$	177,870.00	$	-	
11/01/41	$	6,250,000.00	$	-	$	167,295.00	$	795,165.00	
05/01/42	$	6,250,000.00	$	470,000.00	$	167,295.00	$	-	
11/01/42	$	6,250,000.00	$	-	$	156,250.00	$	793,545.00	
05/01/43	$	6,250,000.00	$	495,000.00	$	156,250.00	$	-	
11/01/43	$	5,755,000.00	$	-	$	143,875.00	$	795,125.00	
05/01/44	$	5,755,000.00	$	520,000.00	$	143,875.00	$	-	
11/01/44	$	5,235,000.00	$	-	$	130,875.00	$	794,750.00	
05/01/45	$	5,235,000.00	$	545,000.00	$	130,875.00	$	-	
11/01/45	$	4,690,000.00	$	-	$	117,250.00	$	793,125.00	
05/01/46	$	4,690,000.00	$	575,000.00	$	117,250.00	$	-	
11/01/46	$	4,115,000.00	$	-	$	102,875.00	$	795,125.00	

Date		Balance	Prinicpal	Interest		Total	

05/01/47	
$	
4,115,000.00	
$	605,000.00	
$	102,875.00	
$	
-	
11/01/47	$	3,510,000.00	$	-	$	87,750.00	$	795,625.00	
05/01/48	$	3,510,000.00	$	635,000.00	$	87,750.00	$	-	
11/01/48	$	2,875,000.00	$	-	$	71,875.00	$	794,625.00	
05/01/49	$	2,875,000.00	$	665,000.00	$	71,875.00	$	-	
11/01/49	$	2,210,000.00	$	-	$	55,250.00	$	792,125.00	
05/01/50	$	2,210,000.00	$	700,000.00	$	55,250.00	$	-	
11/01/50	$	1,510,000.00	$	-	$	37,750.00	$	793,000.00	
05/01/51	$	1,510,000.00	$	735,000.00	$	37,750.00	$	-	
11/01/51	$	775,000.00	$	-	$	19,375.00	$	792,125.00	
05/01/52	$	775,000.00	$	775,000.00	$	19,375.00	$	794,375.00	
			$	12,120,000.00	$	10,400,270.00	$	22,520,270.00	

Proposed Budget Capital Reserve Fund

	Adopted Budget FY2024		Actuals Thru 6/30/24		Projected Next
3 Months		Total Projected 9/30/24		Proposed Budget FY2025		

Revenues												
Interest	$		-	$		-	$		-	$		-	$		-	
Carry Forward Surplus	$		-	$		-	$		-	$		-	$		-	
Total Revenues	$		-	$		-	$		-	$		-	$		-	

Expenditures												
Capital Outlay	$		-	$		-	$		-	$		-	$		-	
Total Expenditures	$		-	$		-	$		-	$		-	$		-	

Other Financing Sources/(Uses)												

Transfer In (Out)	$	125,000	$	-	$	-	$	-	$	68,469	
Total Other Financing Sources/(Uses)	$	125,000	$	-	$	-	$	-	$	68,469	
			
Excess Revenues/(Expenditures)	$	125,000	$	-	$	-	$	-	$	68,469	

Hammock Reserve CDD FY 25 Assessment Roll

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504001010	1	$881.68			$1,451.61	$2,333.29	
262724489504001020	1	$881.68			$1,451.61	$2,333.29	
262724489504001030	1	$881.68			$1,451.61	$2,333.29	
262724489504001040	1	$881.68			$1,451.61	$2,333.29	
262724489504001050	1	$881.68			$1,451.61	$2,333.29	
262724489504001060	1	$881.68			$1,451.61	$2,333.29	
262724489504001070	1	$881.68			$1,451.61	$2,333.29	
262724489504001080	1	$881.68			$1,451.61	$2,333.29	
262724489504001090	1	$881.68			$1,451.61	$2,333.29	
262724489504001100	1	$881.68			$1,451.61	$2,333.29	
262724489504001110	1	$881.68			$1,451.61	$2,333.29	
262724489504001120	1	$881.68			$1,451.61	$2,333.29	
262724489504001130	1	$881.68			$1,451.61	$2,333.29	
262724489504001140	1	$881.68			$1,451.61	$2,333.29	
262724489504001150	1	$881.68			$1,451.61	$2,333.29	
262724489504001160	1	$881.68			$1,451.61	$2,333.29	
262724489504001170	1	$881.68			$1,451.61	$2,333.29	
262724489504001180	1	$881.68			$1,451.61	$2,333.29	
262724489504001190	1	$881.68			$1,451.61	$2,333.29	
262724489504001200	1	$881.68			$1,451.61	$2,333.29	
262724489504001210	1	$881.68			$1,451.61	$2,333.29	
262724489504001220	1	$881.68			$1,451.61	$2,333.29	
262724489504001230	1	$881.68			$1,451.61	$2,333.29	
262724489504001240	1	$881.68			$1,451.61	$2,333.29	
262724489504001250	1	$881.68			$1,451.61	$2,333.29	
262724489504001260	1	$881.68			$1,451.61	$2,333.29	
262724489504001270	1	$881.68			$1,451.61	$2,333.29	
262724489504001280	1	$881.68			$1,451.61	$2,333.29	
262724489504001290	1	$881.68			$1,451.61	$2,333.29	
262724489504001300	1	$881.68			$1,451.61	$2,333.29	
262724489504001310	1	$881.68			$1,451.61	$2,333.29	
262724489504001320	1	$881.68			$1,451.61	$2,333.29	
262724489504001330	1	$881.68			$1,451.61	$2,333.29	
262724489504001340	1	$881.68			$1,451.61	$2,333.29	
262724489504001350	1	$881.68			$1,451.61	$2,333.29	
262724489504001360	1	$881.68			$1,451.61	$2,333.29	
262724489504001370	1	$881.68			$1,451.61	$2,333.29	
262724489504001380	1	$881.68			$1,451.61	$2,333.29	
262724489504001390	1	$881.68			$1,451.61	$2,333.29	
262724489504001400	1	$881.68			$1,451.61	$2,333.29	
262724489504001410	1	$881.68			$1,451.61	$2,333.29	
262724489504001420	1	$881.68			$1,451.61	$2,333.29	
262724489504001430	1	$881.68			$1,451.61	$2,333.29	
262724489504001440	1	$881.68			$1,451.61	$2,333.29	
262724489504001450	1	$881.68			$1,451.61	$2,333.29	
262724489504001460	1	$881.68			$1,451.61	$2,333.29	
262724489504001470	1	$881.68			$1,451.61	$2,333.29	
262724489504001480	1	$881.68			$1,451.61	$2,333.29	
262724489504001490	1	$881.68			$1,451.61	$2,333.29	
262724489504001500	1	$881.68			$1,451.61	$2,333.29	
262724489504001510	1	$881.68			$1,451.61	$2,333.29	
262724489504001520	1	$881.68			$1,451.61	$2,333.29	
262724489504001530	1	$881.68			$1,451.61	$2,333.29	
262724489504001540	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504001550	1	$881.68			$1,451.61	$2,333.29	
262724489504001560	1	$881.68			$1,451.61	$2,333.29	
262724489504001570	1	$881.68			$1,451.61	$2,333.29	
262724489504001580	1	$881.68			$1,451.61	$2,333.29	
262724489504001590	1	$881.68			$1,451.61	$2,333.29	
262724489504001600	1	$881.68			$1,451.61	$2,333.29	
262724489504001610	1	$881.68			$1,451.61	$2,333.29	
262724489504001620	1	$881.68			$1,451.61	$2,333.29	
262724489504001630	1	$881.68			$1,451.61	$2,333.29	
262724489504001640	1	$881.68			$1,451.61	$2,333.29	
262724489504001650	1	$881.68			$1,451.61	$2,333.29	
262724489504001660	1	$881.68			$1,451.61	$2,333.29	
262724489504001670	1	$881.68			$1,451.61	$2,333.29	
262724489504001680	1	$881.68			$1,451.61	$2,333.29	
262724489504001690	1	$881.68			$1,451.61	$2,333.29	
262724489504001700	1	$881.68			$1,451.61	$2,333.29	
262724489504001710	1	$881.68			$1,451.61	$2,333.29	
262724489504001720	1	$881.68			$1,451.61	$2,333.29	
262724489504001730	1	$881.68			$1,451.61	$2,333.29	
262724489504001740	1	$881.68			$1,451.61	$2,333.29	
262724489504001750	1	$881.68			$1,451.61	$2,333.29	
262724489504001760	1	$881.68			$1,451.61	$2,333.29	
262724489504001770	1	$881.68			$1,451.61	$2,333.29	
262724489504001780	1	$881.68			$1,451.61	$2,333.29	
262724489504001790	1	$881.68			$1,451.61	$2,333.29	
262724489504001800	1	$881.68			$1,451.61	$2,333.29	
262724489504001810	1	$881.68			$1,451.61	$2,333.29	
262724489504001820	1	$881.68			$1,451.61	$2,333.29	
262724489504001830	1	$881.68			$1,451.61	$2,333.29	
262724489504001840	1	$881.68			$1,451.61	$2,333.29	
262724489504001850	1	$881.68			$1,451.61	$2,333.29	
262724489504001860	1	$881.68			$1,451.61	$2,333.29	
262724489504001870	1	$881.68			$1,451.61	$2,333.29	
262724489504001880	1	$881.68			$1,451.61	$2,333.29	
262724489504001890	1	$881.68			$1,451.61	$2,333.29	
262724489504001900	1	$881.68			$1,451.61	$2,333.29	
262724489504001910	1	$881.68			$1,451.61	$2,333.29	
262724489504001920	1	$881.68			$1,451.61	$2,333.29	
262724489504001930	1	$881.68			$1,451.61	$2,333.29	
262724489504001940	1	$881.68			$1,451.61	$2,333.29	
262724489504001950	1	$881.68			$1,451.61	$2,333.29	
262724489504001960	1	$881.68			$1,451.61	$2,333.29	
262724489504001970	1	$881.68			$1,451.61	$2,333.29	
262724489504002010	1	$881.68			$1,451.61	$2,333.29	
262724489504002020	1	$881.68			$1,451.61	$2,333.29	
262724489504002030	1	$881.68			$1,451.61	$2,333.29	
262724489504002040	1	$881.68			$1,451.61	$2,333.29	
262724489504002050	1	$881.68			$1,451.61	$2,333.29	
262724489504002060	1	$881.68			$1,451.61	$2,333.29	
262724489504002070	1	$881.68			$1,451.61	$2,333.29	
262724489504002080	1	$881.68			$1,451.61	$2,333.29	
262724489504002090	1	$881.68			$1,451.61	$2,333.29	
262724489504002100	1	$881.68			$1,451.61	$2,333.29	
262724489504002110	1	$881.68			$1,451.61	$2,333.29	
262724489504002120	1	$881.68			$1,451.61	$2,333.29	
262724489504002130	1	$881.68			$1,451.61	$2,333.29	
262724489504002140	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504002150	1	$881.68			$1,451.61	$2,333.29	
262724489504002160	1	$881.68			$1,451.61	$2,333.29	
262724489504002170	1	$881.68			$1,451.61	$2,333.29	
262724489504002180	1	$881.68			$1,451.61	$2,333.29	
262724489504002190	1	$881.68			$1,451.61	$2,333.29	
262724489504002200	1	$881.68			$1,451.61	$2,333.29	
262724489504002210	1	$881.68			$1,451.61	$2,333.29	
262724489504002220	1	$881.68			$1,451.61	$2,333.29	
262724489504002230	1	$881.68			$1,451.61	$2,333.29	
262724489504002240	1	$881.68			$1,451.61	$2,333.29	
262724489504002250	1	$881.68			$1,451.61	$2,333.29	
262724489504002260	1	$881.68			$1,451.61	$2,333.29	
262724489504002270	1	$881.68			$1,451.61	$2,333.29	
262724489504002280	1	$881.68			$1,451.61	$2,333.29	
262724489504002290	1	$881.68			$1,451.61	$2,333.29	
262724489504002300	1	$881.68			$1,451.61	$2,333.29	
262724489504002310	1	$881.68			$1,451.61	$2,333.29	
262724489504002320	1	$881.68			$1,451.61	$2,333.29	
262724489504002330	1	$881.68			$1,451.61	$2,333.29	
262724489504002340	1	$881.68			$1,451.61	$2,333.29	
262724489504002350						$0.00	
262724489504002360						$0.00	
262724489504003010	1	$881.68			$1,451.61	$2,333.29	
262724489504003020	1	$881.68			$1,451.61	$2,333.29	
262724489504003030	1	$881.68			$1,451.61	$2,333.29	
262724489504003040	1	$881.68			$1,451.61	$2,333.29	
262724489504003050	1	$881.68			$1,451.61	$2,333.29	
262724489504003060						$0.00	
262724489504004010	1	$881.68			$1,451.61	$2,333.29	
262724489504004020	1	$881.68			$1,451.61	$2,333.29	
262724489504004030	1	$881.68			$1,451.61	$2,333.29	
262724489504004040	1	$881.68			$1,451.61	$2,333.29	
262724489504004050	1	$881.68			$1,451.61	$2,333.29	
262724489504004060	1	$881.68			$1,451.61	$2,333.29	
262724489504004070	1	$881.68			$1,451.61	$2,333.29	
262724489504004080	1	$881.68			$1,451.61	$2,333.29	
262724489504004090	1	$881.68			$1,451.61	$2,333.29	
262724489504004100	1	$881.68			$1,451.61	$2,333.29	
262724489504004110	1	$881.68			$1,451.61	$2,333.29	
262724489504004120	1	$881.68			$1,451.61	$2,333.29	
262724489504004130	1	$881.68			$1,451.61	$2,333.29	
262724489504005010	1	$881.68			$1,451.61	$2,333.29	
262724489504005020	1	$881.68			$1,451.61	$2,333.29	
262724489504005030	1	$881.68			$1,451.61	$2,333.29	
262724489504005040	1	$881.68			$1,451.61	$2,333.29	
262724489504005050	1	$881.68			$1,451.61	$2,333.29	
262724489504005060	1	$881.68			$1,451.61	$2,333.29	
262724489504005070	1	$881.68			$1,451.61	$2,333.29	
262724489504005080	1	$881.68			$1,451.61	$2,333.29	
262724489504005090	1	$881.68			$1,451.61	$2,333.29	
262724489504005100	1	$881.68			$1,451.61	$2,333.29	
262724489504005110	1	$881.68			$1,451.61	$2,333.29	
262724489504005120	1	$881.68			$1,451.61	$2,333.29	
262724489504005130	1	$881.68			$1,451.61	$2,333.29	
262724489504005140	1	$881.68			$1,451.61	$2,333.29	
262724489504005150	1	$881.68			$1,451.61	$2,333.29	
262724489504005160	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504005170	1	$881.68			$1,451.61	$2,333.29	
262724489504005180	1	$881.68			$1,451.61	$2,333.29	
262724489504006010	1	$881.68			$1,451.61	$2,333.29	
262724489504006020	1	$881.68			$1,451.61	$2,333.29	
262724489504006030	1	$881.68			$1,451.61	$2,333.29	
262724489504006040	1	$881.68			$1,451.61	$2,333.29	
262724489504006050	1	$881.68			$1,451.61	$2,333.29	
262724489504006060	1	$881.68			$1,451.61	$2,333.29	
262724489504006070	1	$881.68			$1,451.61	$2,333.29	
262724489504006080	1	$881.68			$1,451.61	$2,333.29	
262724489504006090	1	$881.68			$1,451.61	$2,333.29	
262724489504006100	1	$881.68			$1,451.61	$2,333.29	
262724489504006110	1	$881.68			$1,451.61	$2,333.29	
262724489504006120	1	$881.68			$1,451.61	$2,333.29	
262724489504006130	1	$881.68			$1,451.61	$2,333.29	
262724489504006140	1	$881.68			$1,451.61	$2,333.29	
262724489504006150	1	$881.68			$1,451.61	$2,333.29	
262724489504006160	1	$881.68			$1,451.61	$2,333.29	
262724489504006170	1	$881.68			$1,451.61	$2,333.29	
262724489504006180	1	$881.68			$1,451.61	$2,333.29	
262724489504006190	1	$881.68			$1,451.61	$2,333.29	
262724489504006200	1	$881.68			$1,451.61	$2,333.29	
262724489504006210	1	$881.68			$1,451.61	$2,333.29	
262724489504006220	1	$881.68			$1,451.61	$2,333.29	
262724489504006230	1	$881.68			$1,451.61	$2,333.29	
262724489504006240	1	$881.68			$1,451.61	$2,333.29	
262724489504006250	1	$881.68			$1,451.61	$2,333.29	
262724489504006260						$0.00	
262724489504007010	1	$881.68			$1,451.61	$2,333.29	
262724489504007020	1	$881.68			$1,451.61	$2,333.29	
262724489504007030	1	$881.68			$1,451.61	$2,333.29	
262724489504007040	1	$881.68			$1,451.61	$2,333.29	
262724489504007050	1	$881.68			$1,451.61	$2,333.29	
262724489504007060	1	$881.68			$1,451.61	$2,333.29	
262724489504007070	1	$881.68			$1,451.61	$2,333.29	
262724489504007080	1	$881.68			$1,451.61	$2,333.29	
262724489504007090	1	$881.68			$1,451.61	$2,333.29	
262724489504007100	1	$881.68			$1,451.61	$2,333.29	
262724489504007110	1	$881.68			$1,451.61	$2,333.29	
262724489504007120	1	$881.68			$1,451.61	$2,333.29	
262724489504007130	1	$881.68			$1,451.61	$2,333.29	
262724489504007140	1	$881.68			$1,451.61	$2,333.29	
262724489504007150	1	$881.68			$1,451.61	$2,333.29	
262724489504007160	1	$881.68			$1,451.61	$2,333.29	
262724489504007170	1	$881.68			$1,451.61	$2,333.29	
262724489504007180	1	$881.68			$1,451.61	$2,333.29	
262724489504007190	1	$881.68			$1,451.61	$2,333.29	
262724489504007200	1	$881.68			$1,451.61	$2,333.29	
262724489504007210	1	$881.68			$1,451.61	$2,333.29	
262724489504007220	1	$881.68			$1,451.61	$2,333.29	
262724489504007230	1	$881.68			$1,451.61	$2,333.29	
262724489504007240	1	$881.68			$1,451.61	$2,333.29	
262724489504008010	1	$881.68			$1,451.61	$2,333.29	
262724489504008020	1	$881.68			$1,451.61	$2,333.29	
262724489504008030	1	$881.68			$1,451.61	$2,333.29	
262724489504008040	1	$881.68			$1,451.61	$2,333.29	
262724489504008050	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504008060	1	$881.68			$1,451.61	$2,333.29	
262724489504008070	1	$881.68			$1,451.61	$2,333.29	
262724489504008080	1	$881.68			$1,451.61	$2,333.29	
262724489504008090	1	$881.68			$1,451.61	$2,333.29	
262724489504008100	1	$881.68			$1,451.61	$2,333.29	
262724489504008110	1	$881.68			$1,451.61	$2,333.29	
262724489504008120	1	$881.68			$1,451.61	$2,333.29	
262724489504008130	1	$881.68			$1,451.61	$2,333.29	
262724489504008140	1	$881.68			$1,451.61	$2,333.29	
262724489504008150	1	$881.68			$1,451.61	$2,333.29	
262724489504008160	1	$881.68			$1,451.61	$2,333.29	
262724489504008170	1	$881.68			$1,451.61	$2,333.29	
262724489504008180	1	$881.68			$1,451.61	$2,333.29	
262724489504008190	1	$881.68			$1,451.61	$2,333.29	
262724489504008200	1	$881.68			$1,451.61	$2,333.29	
262724489504008210	1	$881.68			$1,451.61	$2,333.29	
262724489504008220	1	$881.68			$1,451.61	$2,333.29	
262724489504008230	1	$881.68			$1,451.61	$2,333.29	
262724489504008240	1	$881.68			$1,451.61	$2,333.29	
262724489504009010	1	$881.68			$1,451.61	$2,333.29	
262724489504009020	1	$881.68			$1,451.61	$2,333.29	
262724489504009030	1	$881.68			$1,451.61	$2,333.29	
262724489504009040	1	$881.68			$1,451.61	$2,333.29	
262724489504009050	1	$881.68			$1,451.61	$2,333.29	
262724489504009060	1	$881.68			$1,451.61	$2,333.29	
262724489504009070	1	$881.68			$1,451.61	$2,333.29	
262724489504009080	1	$881.68			$1,451.61	$2,333.29	
262724489504009090	1	$881.68			$1,451.61	$2,333.29	
262724489504009100	1	$881.68			$1,451.61	$2,333.29	
262724489504009110	1	$881.68			$1,451.61	$2,333.29	
262724489504009120	1	$881.68			$1,451.61	$2,333.29	
262724489504009130	1	$881.68			$1,451.61	$2,333.29	
262724489504009140	1	$881.68			$1,451.61	$2,333.29	
262724489504009150	1	$881.68			$1,451.61	$2,333.29	
262724489504009160	1	$881.68			$1,451.61	$2,333.29	
262724489504009170	1	$881.68			$1,451.61	$2,333.29	
262724489504009180	1	$881.68			$1,451.61	$2,333.29	
262724489504009190	1	$881.68			$1,451.61	$2,333.29	
262724489504009200	1	$881.68			$1,451.61	$2,333.29	
262724489504009210	1	$881.68			$1,451.61	$2,333.29	
262724489504009220	1	$881.68			$1,451.61	$2,333.29	
262724489504009230	1	$881.68			$1,451.61	$2,333.29	
262724489504009240	1	$881.68			$1,451.61	$2,333.29	
262724489504009250	1	$881.68			$1,451.61	$2,333.29	
262724489504009260	1	$881.68			$1,451.61	$2,333.29	
262724489504009270	1	$881.68			$1,451.61	$2,333.29	
262724489504009280	1	$881.68			$1,451.61	$2,333.29	
262724489504009290	1	$881.68			$1,451.61	$2,333.29	
262724489504009300	1	$881.68			$1,451.61	$2,333.29	
262724489504009310	1	$881.68			$1,451.61	$2,333.29	
262724489504009320	1	$881.68			$1,451.61	$2,333.29	
262724489504010010	1	$881.68			$1,451.61	$2,333.29	
262724489504010020	1	$881.68			$1,451.61	$2,333.29	
262724489504010030	1	$881.68			$1,451.61	$2,333.29	
262724489504010040	1	$881.68			$1,451.61	$2,333.29	
262724489504010050	1	$881.68			$1,451.61	$2,333.29	
262724489504010060	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504010070	1	$881.68			$1,451.61	$2,333.29	
262724489504010080	1	$881.68			$1,451.61	$2,333.29	
262724489504010090	1	$881.68			$1,451.61	$2,333.29	
262724489504010100	1	$881.68			$1,451.61	$2,333.29	
262724489504010110	1	$881.68			$1,451.61	$2,333.29	
262724489504011010	1	$881.68			$1,451.61	$2,333.29	
262724489504011020	1	$881.68			$1,451.61	$2,333.29	
262724489504011030	1	$881.68			$1,451.61	$2,333.29	
262724489504011040	1	$881.68			$1,451.61	$2,333.29	
262724489504011050	1	$881.68			$1,451.61	$2,333.29	
262724489504011060	1	$881.68			$1,451.61	$2,333.29	
262724489504011070	1	$881.68			$1,451.61	$2,333.29	
262724489504011080	1	$881.68			$1,451.61	$2,333.29	
262724489504011090	1	$881.68			$1,451.61	$2,333.29	
262724489504011100	1	$881.68			$1,451.61	$2,333.29	
262724489504011110	1	$881.68			$1,451.61	$2,333.29	
262724489504011120	1	$881.68			$1,451.61	$2,333.29	
262724489504011130	1	$881.68			$1,451.61	$2,333.29	
262724489504011140	1	$881.68			$1,451.61	$2,333.29	
262724489504011150	1	$881.68			$1,451.61	$2,333.29	
262724489504011160	1	$881.68			$1,451.61	$2,333.29	
262724489504011170	1	$881.68			$1,451.61	$2,333.29	
262724489504011180	1	$881.68			$1,451.61	$2,333.29	
262724489504012010	1	$881.68			$1,451.61	$2,333.29	
262724489504012020	1	$881.68			$1,451.61	$2,333.29	
262724489504012030	1	$881.68			$1,451.61	$2,333.29	
262724489504012040	1	$881.68			$1,451.61	$2,333.29	
262724489504012050	1	$881.68			$1,451.61	$2,333.29	
262724489504012060	1	$881.68			$1,451.61	$2,333.29	
262724489504012070	1	$881.68			$1,451.61	$2,333.29	
262724489504012080	1	$881.68			$1,451.61	$2,333.29	
262724489504012090	1	$881.68			$1,451.61	$2,333.29	
262724489504012100	1	$881.68			$1,451.61	$2,333.29	
262724489504012110	1	$881.68			$1,451.61	$2,333.29	
262724489504012120	1	$881.68			$1,451.61	$2,333.29	
262724489504012130	1	$881.68			$1,451.61	$2,333.29	
262724489504012140	1	$881.68			$1,451.61	$2,333.29	
262724489504012150	1	$881.68			$1,451.61	$2,333.29	
262724489504012160	1	$881.68			$1,451.61	$2,333.29	
262724489504012170	1	$881.68			$1,451.61	$2,333.29	
262724489504012180	1	$881.68			$1,451.61	$2,333.29	
262724489504012190	1	$881.68			$1,451.61	$2,333.29	
262724489504012200	1	$881.68			$1,451.61	$2,333.29	
262724489504012210	1	$881.68			$1,451.61	$2,333.29	
262724489504012220	1	$881.68			$1,451.61	$2,333.29	
262724489504012230	1	$881.68			$1,451.61	$2,333.29	
262724489504012240	1	$881.68			$1,451.61	$2,333.29	
262724489504012250	1	$881.68			$1,451.61	$2,333.29	
262724489504012260	1	$881.68			$1,451.61	$2,333.29	
262724489504012270	1	$881.68			$1,451.61	$2,333.29	
262724489504012280	1	$881.68			$1,451.61	$2,333.29	
262724489504012290	1	$881.68			$1,451.61	$2,333.29	
262724489504012300	1	$881.68			$1,451.61	$2,333.29	
262724489504012310	1	$881.68			$1,451.61	$2,333.29	
262724489504012320	1	$881.68			$1,451.61	$2,333.29	
262724489504012330	1	$881.68			$1,451.61	$2,333.29	
262724489504012340	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262724489504013010	1	$881.68			$1,451.61	$2,333.29	
262724489504013020	1	$881.68			$1,451.61	$2,333.29	
262724489504013030	1	$881.68			$1,451.61	$2,333.29	
262724489504013040	1	$881.68			$1,451.61	$2,333.29	
262724489504013050	1	$881.68			$1,451.61	$2,333.29	
262724489504013060	1	$881.68			$1,451.61	$2,333.29	
262724489504013070	1	$881.68			$1,451.61	$2,333.29	
262724489504013080	1	$881.68			$1,451.61	$2,333.29	
262724489504013090	1	$881.68			$1,451.61	$2,333.29	
262724489504013100	1	$881.68			$1,451.61	$2,333.29	
262724489504013110	1	$881.68			$1,451.61	$2,333.29	
262724489504013120	1	$881.68			$1,451.61	$2,333.29	
262724489504013130	1	$881.68			$1,451.61	$2,333.29	
262724489504013140	1	$881.68			$1,451.61	$2,333.29	
262724489504013150	1	$881.68			$1,451.61	$2,333.29	
262724489504013160	1	$881.68			$1,451.61	$2,333.29	
262724489504013170	1	$881.68			$1,451.61	$2,333.29	
262724489504013180	1	$881.68			$1,451.61	$2,333.29	
262724489504013190	1	$881.68			$1,451.61	$2,333.29	
262724489504013200	1	$881.68			$1,451.61	$2,333.29	
262724489504013210	1	$881.68			$1,451.61	$2,333.29	
262724489504013220	1	$881.68			$1,451.61	$2,333.29	
262724489504013230	1	$881.68			$1,451.61	$2,333.29	
262724489504013240	1	$881.68			$1,451.61	$2,333.29	
262724489504013250	1	$881.68			$1,451.61	$2,333.29	
262724489504013260	1	$881.68			$1,451.61	$2,333.29	
262724489504013270	1	$881.68			$1,451.61	$2,333.29	
262724489504013280	1	$881.68			$1,451.61	$2,333.29	
262724489504013290	1	$881.68			$1,451.61	$2,333.29	
262724489504013300	1	$881.68			$1,451.61	$2,333.29	
262724489504013310	1	$881.68			$1,451.61	$2,333.29	
262724489504013320	1	$881.68			$1,451.61	$2,333.29	
262724489504013330	1	$881.68			$1,451.61	$2,333.29	
262724489504013340	1	$881.68			$1,451.61	$2,333.29	
262724489504014010	1	$881.68			$1,451.61	$2,333.29	
262724489504014020	1	$881.68			$1,451.61	$2,333.29	
262724489504014030	1	$881.68			$1,451.61	$2,333.29	
262724489504014040	1	$881.68			$1,451.61	$2,333.29	
262724489504014050	1	$881.68			$1,451.61	$2,333.29	
262724489504014060	1	$881.68			$1,451.61	$2,333.29	
262724489504014070	1	$881.68			$1,451.61	$2,333.29	
262724489504014080	1	$881.68			$1,451.61	$2,333.29	
262724489504014090	1	$881.68			$1,451.61	$2,333.29	
262724489504014100	1	$881.68			$1,451.61	$2,333.29	
262724489504014110	1	$881.68			$1,451.61	$2,333.29	
262724489504014120	1	$881.68			$1,451.61	$2,333.29	
262724489504014130	1	$881.68			$1,451.61	$2,333.29	
262724489504014140						$0.00	
262724489504014150						$0.00	
262725000000033050						$0.00	
262725490010001010	1	$881.68			$1,451.61	$2,333.29	
262725490010001020	1	$881.68			$1,451.61	$2,333.29	
262725490010001030	1	$881.68			$1,451.61	$2,333.29	
262725490010001040	1	$881.68			$1,451.61	$2,333.29	
262725490010001050	1	$881.68			$1,451.61	$2,333.29	
262725490010001060	1	$881.68			$1,451.61	$2,333.29	
262725490010001070	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262725490010001080	1	$881.68			$1,451.61	$2,333.29	
262725490010001090	1	$881.68			$1,451.61	$2,333.29	
262725490010001100	1	$881.68			$1,451.61	$2,333.29	
262725490010002010	1	$881.68			$1,451.61	$2,333.29	
262725490010002020	1	$881.68			$1,451.61	$2,333.29	
262725490010002030	1	$881.68			$1,451.61	$2,333.29	
262725490010002040	1	$881.68			$1,451.61	$2,333.29	
262725490010002050	1	$881.68			$1,451.61	$2,333.29	
262725490010002060	1	$881.68			$1,451.61	$2,333.29	
262725490010002070	1	$881.68			$1,451.61	$2,333.29	
262725490010002080	1	$881.68			$1,451.61	$2,333.29	
262725490010002090	1	$881.68			$1,451.61	$2,333.29	
262725490010002100	1	$881.68			$1,451.61	$2,333.29	
262725490010003010	1	$881.68			$1,451.61	$2,333.29	
262725490010003020	1	$881.68			$1,451.61	$2,333.29	
262725490010003030	1	$881.68			$1,451.61	$2,333.29	
262725490010003040	1	$881.68			$1,451.61	$2,333.29	
262725490010003050	1	$881.68			$1,451.61	$2,333.29	
262725490010003060	1	$881.68			$1,451.61	$2,333.29	
262725490010003070	1	$881.68			$1,451.61	$2,333.29	
262725490010003080	1	$881.68			$1,451.61	$2,333.29	
262725490010003090	1	$881.68			$1,451.61	$2,333.29	
262725490010003100	1	$881.68			$1,451.61	$2,333.29	
262725490010003110	1	$881.68			$1,451.61	$2,333.29	
262725490010003120	1	$881.68			$1,451.61	$2,333.29	
262725490010003130	1	$881.68			$1,451.61	$2,333.29	
262725490010003140	1	$881.68			$1,451.61	$2,333.29	
262725490010003150	1	$881.68			$1,451.61	$2,333.29	
262725490010003160	1	$881.68			$1,451.61	$2,333.29	
262725490010003170	1	$881.68			$1,451.61	$2,333.29	
262725490010003180	1	$881.68			$1,451.61	$2,333.29	
262725490010003190	1	$881.68			$1,451.61	$2,333.29	
262725490010003200	1	$881.68			$1,451.61	$2,333.29	
262725490010003210	1	$881.68			$1,451.61	$2,333.29	
262725490010003220	1	$881.68			$1,451.61	$2,333.29	
262725490010003230	1	$881.68			$1,451.61	$2,333.29	
262725490010004010	1	$881.68			$1,451.61	$2,333.29	
262725490010004020	1	$881.68			$1,451.61	$2,333.29	
262725490010004030	1	$881.68			$1,451.61	$2,333.29	
262725490010004040	1	$881.68			$1,451.61	$2,333.29	
262725490010004050	1	$881.68			$1,451.61	$2,333.29	
262725490010004060	1	$881.68			$1,451.61	$2,333.29	
262725490010004070	1	$881.68			$1,451.61	$2,333.29	
262725490010004080	1	$881.68			$1,451.61	$2,333.29	
262725490010004090	1	$881.68			$1,451.61	$2,333.29	
262725490010004100	1	$881.68			$1,451.61	$2,333.29	
262725490010004110	1	$881.68			$1,451.61	$2,333.29	
262725490010004120	1	$881.68			$1,451.61	$2,333.29	
262725490010004130	1	$881.68			$1,451.61	$2,333.29	
262725490010004140	1	$881.68			$1,451.61	$2,333.29	
262725490010004150	1	$881.68			$1,451.61	$2,333.29	
262725490010004160	1	$881.68			$1,451.61	$2,333.29	
262725490010004170	1	$881.68			$1,451.61	$2,333.29	
262725490010004180	1	$881.68			$1,451.61	$2,333.29	
262725490010004190	1	$881.68			$1,451.61	$2,333.29	
262725490010004200	1	$881.68			$1,451.61	$2,333.29	
262725490010004210	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262725490010004220	1	$881.68			$1,451.61	$2,333.29	
262725490010004230	1	$881.68			$1,451.61	$2,333.29	
262725490010004240	1	$881.68			$1,451.61	$2,333.29	
262725490010004250	1	$881.68			$1,451.61	$2,333.29	
262725490010004260	1	$881.68			$1,451.61	$2,333.29	
262725490010004270	1	$881.68			$1,451.61	$2,333.29	
262725490010004280	1	$881.68			$1,451.61	$2,333.29	
262725490010004290	1	$881.68			$1,451.61	$2,333.29	
262725490010004300	1	$881.68			$1,451.61	$2,333.29	
262725490010004310	1	$881.68			$1,451.61	$2,333.29	
262725490010004320	1	$881.68			$1,451.61	$2,333.29	
262725490010004330	1	$881.68			$1,451.61	$2,333.29	
262725490010004340	1	$881.68			$1,451.61	$2,333.29	
262725490010004350	1	$881.68			$1,451.61	$2,333.29	
262725490010004360	1	$881.68			$1,451.61	$2,333.29	
262725490010004370	1	$881.68			$1,451.61	$2,333.29	
262725490010004380	1	$881.68			$1,451.61	$2,333.29	
262725490010004390	1	$881.68			$1,451.61	$2,333.29	
262725490010004400	1	$881.68			$1,451.61	$2,333.29	
262725490010004410	1	$881.68			$1,451.61	$2,333.29	
262725490010004420	1	$881.68			$1,451.61	$2,333.29	
262725490010004430	1	$881.68			$1,451.61	$2,333.29	
262725490010004440	1	$881.68			$1,451.61	$2,333.29	
262725490010004450	1	$881.68			$1,451.61	$2,333.29	
262725490010004460	1	$881.68			$1,451.61	$2,333.29	
262725490010004470	1	$881.68			$1,451.61	$2,333.29	
262725490010004480	1	$881.68			$1,451.61	$2,333.29	
262725490010004490	1	$881.68			$1,451.61	$2,333.29	
262725490010004500	1	$881.68			$1,451.61	$2,333.29	
262725490010004510	1	$881.68			$1,451.61	$2,333.29	
262725490010004520	1	$881.68			$1,451.61	$2,333.29	
262725490010004530	1	$881.68			$1,451.61	$2,333.29	
262725490010004540	1	$881.68			$1,451.61	$2,333.29	
262725490010004550	1	$881.68			$1,451.61	$2,333.29	
262725490010004560	1	$881.68			$1,451.61	$2,333.29	
262725490010004570	1	$881.68			$1,451.61	$2,333.29	
262725490010004580	1	$881.68			$1,451.61	$2,333.29	
262725490010004590	1	$881.68			$1,451.61	$2,333.29	
262725490010004600	1	$881.68			$1,451.61	$2,333.29	
262725490010004610	1	$881.68			$1,451.61	$2,333.29	
262725490010005010	1	$881.68			$1,451.61	$2,333.29	
262725490010005020	1	$881.68			$1,451.61	$2,333.29	
262725490010005030	1	$881.68			$1,451.61	$2,333.29	
262725490010005040	1	$881.68			$1,451.61	$2,333.29	
262725490010005050	1	$881.68			$1,451.61	$2,333.29	
262725490010005060	1	$881.68			$1,451.61	$2,333.29	
262725490010005070	1	$881.68			$1,451.61	$2,333.29	
262725490010005080	1	$881.68			$1,451.61	$2,333.29	
262725490010005090	1	$881.68			$1,451.61	$2,333.29	
262725490010005100	1	$881.68			$1,451.61	$2,333.29	
262725490010005110	1	$881.68			$1,451.61	$2,333.29	
262725490010005120	1	$881.68			$1,451.61	$2,333.29	
262725490010005130	1	$881.68			$1,451.61	$2,333.29	
262725490010005140	1	$881.68			$1,451.61	$2,333.29	
262725490010005150	1	$881.68			$1,451.61	$2,333.29	
262725490010005160	1	$881.68			$1,451.61	$2,333.29	
262725490010005170	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262725490010005180	1	$881.68			$1,451.61	$2,333.29	
262725490010005190	1	$881.68			$1,451.61	$2,333.29	
262725490010006010	1	$881.68			$1,451.61	$2,333.29	
262725490010006020	1	$881.68			$1,451.61	$2,333.29	
262725490010006030	1	$881.68			$1,451.61	$2,333.29	
262725490010006040	1	$881.68			$1,451.61	$2,333.29	
262725490010006050	1	$881.68			$1,451.61	$2,333.29	
262725490010007010	1	$881.68			$1,451.61	$2,333.29	
262725490010007020	1	$881.68			$1,451.61	$2,333.29	
262725490010007030	1	$881.68			$1,451.61	$2,333.29	
262725490010007040	1	$881.68			$1,451.61	$2,333.29	
262725490010007050	1	$881.68			$1,451.61	$2,333.29	
262725490010007060	1	$881.68			$1,451.61	$2,333.29	
262725490010007070	1	$881.68			$1,451.61	$2,333.29	
262725490010007080	1	$881.68			$1,451.61	$2,333.29	
262725490010007090	1	$881.68			$1,451.61	$2,333.29	
262725490010007100	1	$881.68			$1,451.61	$2,333.29	
262725490010007110	1	$881.68			$1,451.61	$2,333.29	
262725490010007120	1	$881.68			$1,451.61	$2,333.29	
262725490010007130	1	$881.68			$1,451.61	$2,333.29	
262725490010007140	1	$881.68			$1,451.61	$2,333.29	
262725490010007150	1	$881.68			$1,451.61	$2,333.29	
262725490010007160	1	$881.68			$1,451.61	$2,333.29	
262725490010007170	1	$881.68			$1,451.61	$2,333.29	
262725490010007180	1	$881.68			$1,451.61	$2,333.29	
262725490010007190	1	$881.68			$1,451.61	$2,333.29	
262725490010007200	1	$881.68			$1,451.61	$2,333.29	
262725490010007210	1	$881.68			$1,451.61	$2,333.29	
262725490010007220	1	$881.68			$1,451.61	$2,333.29	
262725490010007230	1	$881.68			$1,451.61	$2,333.29	
262725490010007240	1	$881.68			$1,451.61	$2,333.29	
262725490010007250	1	$881.68			$1,451.61	$2,333.29	
262725490010007260	1	$881.68			$1,451.61	$2,333.29	
262725490010008010	1	$881.68			$1,451.61	$2,333.29	
262725490010008020	1	$881.68			$1,451.61	$2,333.29	
262725490010008030	1	$881.68			$1,451.61	$2,333.29	
262725490010008040	1	$881.68			$1,451.61	$2,333.29	
262725490010008050	1	$881.68			$1,451.61	$2,333.29	
262725490010008060	1	$881.68			$1,451.61	$2,333.29	
262725490010008070	1	$881.68			$1,451.61	$2,333.29	
262725490010008080	1	$881.68			$1,451.61	$2,333.29	
262725490010008090	1	$881.68			$1,451.61	$2,333.29	
262725490010008100	1	$881.68			$1,451.61	$2,333.29	
262725490010008110	1	$881.68			$1,451.61	$2,333.29	
262725490010008120	1	$881.68			$1,451.61	$2,333.29	
262725490010008130	1	$881.68			$1,451.61	$2,333.29	
262725490010008140	1	$881.68			$1,451.61	$2,333.29	
262725490010008150	1	$881.68			$1,451.61	$2,333.29	
262725490010008160	1	$881.68			$1,451.61	$2,333.29	
262725490010008170	1	$881.68			$1,451.61	$2,333.29	
262725490010008180	1	$881.68			$1,451.61	$2,333.29	
262725490010008190	1	$881.68			$1,451.61	$2,333.29	
262725490010008200	1	$881.68			$1,451.61	$2,333.29	
262725490010008210	1	$881.68			$1,451.61	$2,333.29	
262725490010008220	1	$881.68			$1,451.61	$2,333.29	
262725490010008230	1	$881.68			$1,451.61	$2,333.29	
262725490010008240	1	$881.68			$1,451.61	$2,333.29	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
262725490010008250	1	$881.68			$1,451.61	$2,333.29	
262725490010008260	1	$881.68			$1,451.61	$2,333.29	
262725490010008270	1	$881.68			$1,451.61	$2,333.29	
262725490010008280	1	$881.68			$1,451.61	$2,333.29	
262725490010008290	1	$881.68			$1,451.61	$2,333.29	
262725490010008300	1	$881.68			$1,451.61	$2,333.29	
262725490010008310	1	$881.68			$1,451.61	$2,333.29	
262725490010008320	1	$881.68			$1,451.61	$2,333.29	
262725490010008330	1	$881.68			$1,451.61	$2,333.29	
262725490010008340	1	$881.68			$1,451.61	$2,333.29	
262725490010008350	1	$881.68			$1,451.61	$2,333.29	
262725490010008360	1	$881.68			$1,451.61	$2,333.29	
262725490010008370	1	$881.68			$1,451.61	$2,333.29	
262725490010008380	1	$881.68			$1,451.61	$2,333.29	
262725490010008390	1	$881.68			$1,451.61	$2,333.29	
262725490010008400	1	$881.68			$1,451.61	$2,333.29	
262725490010008410	1	$881.68			$1,451.61	$2,333.29	
262725490010008420	1	$881.68			$1,451.61	$2,333.29	
262725490010008430	1	$881.68			$1,451.61	$2,333.29	
262725490010008440	1	$881.68			$1,451.61	$2,333.29	
262725490010009010	1	$881.68			$1,451.61	$2,333.29	
262725490010009020	1	$881.68			$1,451.61	$2,333.29	
262725490010009030	1	$881.68			$1,451.61	$2,333.29	
262725490010009040	1	$881.68			$1,451.61	$2,333.29	
262725490010009050	1	$881.68			$1,451.61	$2,333.29	
262725490010009060	1	$881.68			$1,451.61	$2,333.29	
262725490010009070	1	$881.68			$1,451.61	$2,333.29	
262725490010010010	1	$881.68			$1,451.61	$2,333.29	
262725490010010020	1	$881.68			$1,451.61	$2,333.29	
262725490010010030	1	$881.68			$1,451.61	$2,333.29	
262725490010010040	1	$881.68			$1,451.61	$2,333.29	
262725490010010050						$0.00	
262725490010010060						$0.00	
262725490010010070						$0.00	
262725490010010080						$0.00	
262725490010010090						$0.00	
262725490010010100						$0.00	
262725490010010110						$0.00	
262725490010010120						$0.00	
262725490010010130						$0.00	
272719744118000010	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000020	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000030	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000040	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000050	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000060	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000070	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000080	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000090	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000100	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000110	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000120	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000130	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000140	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000150	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000160	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000170	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744118000180	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000190	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000200	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000210	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000220	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000230	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000240	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000250	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000260	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000270	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000280	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000290	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000300	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000310	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000320	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000330	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000340	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000350	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000360	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000370	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000380	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000390	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000400	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000410	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000420	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000430	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000440	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000450	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000460	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000470	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000480	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000490	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000500	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000510	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000520	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000530	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000540	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000550	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000560	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000570	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000580	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000590	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000600	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000610	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000620	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000630	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000640	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000650	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000660	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000670	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000680	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000690	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000700	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000710	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000720	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000730	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000740	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744118000750	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000760	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000770	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000780	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000790	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000800	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000810	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000820	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000830	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000840	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000850	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000860	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000870	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000880	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000890	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000900	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000910	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000920	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000930	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000940	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000950	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000960	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000970	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000980	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118000990	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001000	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001010	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001020	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001030	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001040	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001050	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001060	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001070	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001080	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001090	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001100	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001110	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001120	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001130	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001140	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001150	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001160	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001170	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001180	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001190	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001200	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001210	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001220	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001230	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001240	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001250	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001260	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001270	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001280	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001290	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001300	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001310	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744118001320	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001330	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001340	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001350	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001360	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001370	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001380	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001390	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001400	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001410	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001420	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001430	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001440	1	$881.68	$1,450.00	$0.00	$0.00	$2,331.68	
272719744118001450	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001460	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001470	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001480	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001490	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001500	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001510	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001520	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001530	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001540	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001550	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001560	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001570	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001580	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001590	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001600	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001610	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001620	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001630	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001640	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001650	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001660	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001670	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001680	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001690	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001700	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001710	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001720	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001730	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001740	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001750	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001760	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001770	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001780	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001790	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001800	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001810	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001820	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001830	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001840	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001850	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001860	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001870	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001880	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744118001890	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001900	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001910	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001920	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001930	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001940	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001950	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001960	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001970	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001980	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118001990	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002000	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002010	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002020	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002030	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002040	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002050	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002060	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002070	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002080	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002090	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002100	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002110	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002120	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002130	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002140	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002150	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002160	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002170	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002180	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002190	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002200	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002210	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002220	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002230	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002240	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002250	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002260	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002270	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002280	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002290	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002300	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002310	1	$881.68	$1,407.00	$0.00	$0.00	$2,288.68	
272719744118002320						$0.00	
272719744118002330						$0.00	
272719744118002340						$0.00	
272719744118002350						$0.00	
272719744119002320	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002330	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002340	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002350	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002360	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002370	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002380	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002390	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002400	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002410	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744119002420	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002430	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002440	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002450	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002460	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002470	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002480	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002490	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002500	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002510	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002520	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002530	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002540	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002550	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002560	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002570	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002580	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002590	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002600	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002610	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002620	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002630	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002640	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002650	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002660	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002670	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002680	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002690	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002700	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002710	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002720	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002730	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002740	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002750	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002760	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002770	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002780	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002790	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002800	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002810	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002820	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002830	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002840	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002850	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002860	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002870	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002880	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002890	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002900	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002910	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002920	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002930	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002940	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002950	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002960	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002970	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119002980	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744119002990	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003000	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003010	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003020	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003030	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003040	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003050	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003060	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003070	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003080	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003090	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003100	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003110	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003120	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003130	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003140	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003150	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003160	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003170	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003180	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003190	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003200	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003210	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003220	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003230	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003240	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003250	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003260	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003270	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003280	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003290	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003300	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003310	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003320	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003330	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003340	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003350	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003360	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003370	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003380	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003390	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003400	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003410	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003420	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003430	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003440	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003450	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003460	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003470	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003480	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003490	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003500	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003510	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003520	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003530	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003540	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003550	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744119003560	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003570	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003580	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003590	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003600	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003610	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003620	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003630	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003640	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003650	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003660	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003670	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003680	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003690	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003700	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003710	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003720	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003730	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003740	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003750	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003760	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003770	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003780	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003790	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003800	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003810	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003820	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003830	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003840	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003850	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003860	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003870	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003880	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003890	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003900	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003910	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003920	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003930	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003940	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003950	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003960	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003970	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003980	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119003990	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004000	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004010	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004020	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004030	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004040	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004050	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004060	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004070	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004080	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004090	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004100	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004110	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004120	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	

PARCEL ID	Units	O&M	Series 2020
Debt	Series 2021
Debt	Series 2022
Debt	Total	
272719744119004130	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004140	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004150	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004160	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004170	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004180	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004190	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004200	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004210	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004220	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004230	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004240	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004250	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004260	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004270	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004280	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004290	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004300	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004310	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004320	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004330	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004340	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004350	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004360	1	$881.68	$0.00	$1,452.00	$0.00	$2,333.68	
272719744119004370	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004380	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004390	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004400	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004410	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004420	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004430	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004440	0	$0.00	$0.00	$0.00	$0.00	$0.00	
272719744119004450	0	$0.00	$0.00	$0.00	$0.00	$0.00	
Total Gross Assessments	1027	$905,485.36	$331,209.00	$297,660.00	$857,901.51	$2,392,255.87	
							
Total Net Assessments		$842,101.38	$308,024.37	$276,823.80	$797,848.40	$2,224,797.96	

Section V

RESOLUTION 2024-08
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2024/2025; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Hammock Reserve Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Polk County, Florida; and
Whereas, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi- annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and

Whereas, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located; and

WHEREAS, the Board desires to adopt the Fiscal Year 2024/2025 annual meeting schedule attached as Exhibit A.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Fiscal Year 2024/2025 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

SECTION 2.   This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 1st day of August 2024.

ATTEST:	HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Fiscal Year 2024/2025 Annual Meeting Schedule

Exhibit A: Fiscal Year 2024/2025 Annual Meeting Schedule
BOARD OF SUPERVISORS MEETING DATES HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2024/2025
The Board of Supervisors of the Hammock Reserve Community Development District will hold their regular meetings for Fiscal Year 2024/2025 at the Holiday-Inn, Winter Haven, 200 Cypress Gardens Boulevard, Winter Haven, Florida 33880, on the 1st Thursday of every month, at 9:30 a.m., unless otherwise indicated as follows:
October 3, 2024
November 7, 2024 (Landowners’ Meeting & Board Meeting) December 5, 2024
January 2, 2025
February 6, 2025
March 6, 2025
April 3, 2025
May 1, 2025
June 5, 2025
July 3, 2025
August 7, 2025
September 4, 2025

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services - Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801 or by calling (407) 841-5524.
There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
District Manager

Section VI

Memorandum
To: Board of Supervisors From: District Management Date: August 1, 2024
RE:	HB7013 – Special Districts Performance Measures and Standards

To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the ﬁrst full ﬁscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved.
District Management has identiﬁed the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reﬂects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form

Hammock Reserve Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised in accordance with Florida Statutes, on at least two mediums (i.e., newspaper, CDD website, electronic communications). Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Hammock Reserve Community Development District

District Manager:		Date:	 Print Name:	 
Hammock Reserve Community Development District

Section VII

HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT
CITY OF HAINES CITY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023

HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-22	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
23	
Notes to Required Supplementary Information	24	
OTHER INFORMATION		
Data Elements Required by Florida Statute 218.39(3)(c)	25	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

26-27	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

28	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
29-30	

INDEPENDENT AUDITOR’S REPORT
To the Board of Supervisors
Hammock Reserve Community Development District City of Haines City, Florida

951 Yamato Road ▪ Suite 280 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Hammock Reserve Community Development District, City of Haines City, Florida (“District”) as of and for the fiscal year ended September 30, 2023, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2023, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 20, 2024, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 20, 2024

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Hammock Reserve Community Development District, City of Haines City, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2023. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.
FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $1,733,128.

The change in the District’s total net position in comparison with the prior fiscal year was
$854,046, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2023, the District’s governmental funds reported combined ending fund balances of $2,647,915, a decrease of ($562,463) in comparison with the prior fiscal year. The total fund balance is restricted for debt service and capital projects, non-spendable for prepaid items, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments and Developer contributions. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects funds, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.
Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.
GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
2023	2022	
Current and other assets	$	2,742,497	$  5,187,966	
Capital assets, net of depreciation	23,459,175	22,984,424	
Total assets	26,201,672	28,172,390	
Current liabilities	519,021	2,431,068	
Long-term liabilities	23,949,523	24,862,240	
Total liabilities	24,468,544	27,293,308	
Net position
Net investment in capital assets	
(463,226)	
(434,255)	
Restricted	2,110,957	1,307,366	
Unrestricted	85,397	5,971	
Total net position	$	1,733,128	$	879,082	

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2023	2022
Revenues: Program revenues
Charges for services	$	3,188,479	$	784,501	
Operating grants and contributions	75,200	63,400	
Capital grants and contributions	3,145,201	1,147,268	
General revenues Miscellaneous income	
21,237	
-	
Total revenues	6,430,117	1,995,169	
Expenses:
General government	
105,515	
120,126	
Maintenance and operations	340,822	88,534	
Conveyance of infrastructure	3,787,470	-	
Parks and recreation	262,348	20,678	
Bond issue costs	-	485,278	
Interest	1,079,916	676,983	
Total expenses	5,576,071	1,391,599	
Change in net position	854,046	603,570	
Net position - beginning	879,082	275,512	
Net position - ending	$	1,733,128	$	879,082	

As noted above and in the statement of activities, the cost of all governmental activities during the period ended September 30, 2023 was $5,576,071. The costs of the District’s activities were primarily funded by program revenues which were comprised of Developer contributions and assessments. Expenses increased primarily due to the increase in interest expense as new bonds were issued in the prior year, and the conveyance to other governmental entities for ownership and maintenance purposes.

GENERAL BUDGETING HIGHLIGHTS
An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2023.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2023, the District had $23,762,147 invested in capital assets for its governmental activities In the government-wide financial statements depreciation of $302,972 has been taken, which resulted in a net book value of $23,459,175. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2023, the District had $23,525,000 Bonds outstanding for its governmental activities. The District also owes $254,449 related to financed purchase agreements. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS
The Districts operations are expected to increase as the District is built out. CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Hammock Reserve Community Development District’s Finance Department at 219 E. Livingston Street, Orlando, Florida, 32801.

HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2023

	Governmental
	Activities		
ASSETS		
Cash and cash equivalents	$	42,120	
Assessments receivable	722,523	
Due from Developer	78,372	
Prepaid items	13,717	
Restricted assets:		
Investments	1,885,765	
Capital assets:		
Nondepreciable	15,692,563	
Depreciable, net		7,766,612 	
Total assets		26,201,672 	
LIABILITIES		
Accounts payable	18,334	
Contracts and retainage payable	76,248	
Accrued interest payable	424,439	
Non-current liabilities:		
Due within one year	498,849	
Due in more than one year		23,450,674 	
Total liabilities		24,468,544 	
NET POSITION		
Net investment in capital assets	(463,226)	
Restricted for debt service	2,110,957	
Unrestricted		85,397 	
Total net position	 $	1,733,128 	

See notes to the financial statements

HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023

Charges for

Program Revenues Operating Grants
and

Capital Grants and

Net (Expense) Revenue and Changes in Net Position

Governmental

Functions/Programs		Expenses	Services	Contributions	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	105,515	$	105,515	$	10,785	$	-	$	10,785	
Maintenance and operations	340,822	171,240	-	3,145,201	2,975,619	
Conveyance of infrastructure	3,787,470	-	-	-	(3,787,470)	
Parks and recreation	262,348	262,348	-	-	-	
Interest on long-term debt		1,079,916	2,649,376	64,415	-	1,633,875 

Miscellaneous income		21,237 	
Total general revenues		21,237 	
Change in net position	854,046	
Net position - beginning		879,082 	
Net position - ending	 $	1,733,128 	

Total governmental activities		5,576,071		3,188,479	75,200	3,145,201	832,809  General revenues:

See notes to the financial statements

BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2023

	Major Funds		Total

ASSETS

Debt
General	Service

Capital Projects

Governmental Funds

Cash and cash equivalents	$	41,237	$	-	$	883	$	42,120	
Investments	-	1,861,650	24,115	1,885,765	
Assessments receivable	48,777	673,746	-	722,523	
Due from Developer	-	-	78,372	78,372	
Prepaid items	13,717	-	-	13,717	
Total assets	 $	103,731	$  2,535,396	$	103,370	$	2,742,497 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	18,334	$	-	$	-	$	18,334	
Contracts and retainage payable	-	-	76,248	76,248	
Total liabilities	18,334	-	76,248	94,582	

Fund balances:
Nonspendable:
Prepaid items	13,717	-	-	13,717	
Restricted for:					
Debt service	-	2,535,396	-	2,535,396	
Capital projects	-	-	27,122	27,122	
Unassigned	71,680	-	-	71,680	
Total fund balances	85,397	2,535,396	27,122	2,647,915	

Total liabilities and fund balances	
$	103,731	
$  2,535,396	
$	103,370	
$	2,742,497	

See notes to the financial statements

RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2023

Fund balance - governmental funds	$	2,647,915
Amounts reported for governmental activities in the statement of net position are different because:

Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	23,762,147
Accumulated depreciation	   (302,972)   23,459,175 

Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(424,439)
Original issue discount/premium		(170,074) Bonds payable	(23,525,000)
Notes payable		(254,449)	(24,373,962) 
Net position of governmental activities	$	1,733,128

See notes to the financial statements

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023

	Major Funds		Total

REVENUES

Debt
General	Service

Capital Projects

Governmental Funds

Special assessments	$	539,103	$	2,649,376	$	-	$  3,188,479	
Developer contributions	10,785	-	3,127,400	3,138,185	
Interest earnings	-	64,415	17,801	82,216	
Miscellaneous	21,237	-	-	21,237	
Total revenues	571,125	2,713,791	3,145,201	6,430,117	

EXPENDITURES
Current:
General government	105,398	-	117	105,515	
Maintenance and operations	109,379	-	-	109,379	
Parks and recreation	190,819	-	-	190,819	
Debt service:
Principal	
46,852	
860,000	
-	
906,852	
Interest	39,251	1,075,571	-	1,114,822	
Capital outlay	-	-	4,565,193	4,565,193	
Total expenditures	491,699	1,935,571	4,565,310	6,992,580	

Excess (deficiency) of revenues over (under) expenditures	

79,426	

778,220	

(1,420,109)	

(562,463)	

OTHER FINANCING SOURCES (USES)
Transfers in (out)	

-	

(3,670)	

3,670	

-	
Total other financing sources (uses)	-	(3,670)	3,670	-	

Net change in fund balances	
79,426	
774,550	
(1,416,439)	
(562,463)	
Fund balances - beginning	5,971	1,760,846	1,443,561	3,210,378	

Fund balances - ending	
$	85,397	
$	2,535,396	
$	27,122	
$  2,647,915	

See notes to the financial statements

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023

Net change in fund balances - total governmental funds	$	(562,463)	
Amounts reported for governmental activities in the statement of activities are different because:		
Governmental funds report capital outlays as expenditures; however, the cost of those assets is eliminated in the statement of activities and capitalized in the statement of net position.	

4,565,193	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statements, but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

906,852	
Conveyances of infrastructure improvements to other governments of previously capitalized capital assets is recorded as an expense in the statement of activities.	

(3,787,470)	
Depreciation on capital assets is not recognized in the governmental fund financial statements, however, these amounts are recognized as expenses in the government-wide statement of activities.	

(302,972)	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the governmental fund financial statements.	

	34,906 	
Change in net position of governmental activities	$	854,046	

See notes to the financial statements

NOTES TO FINANCIAL STATEMENTS

NOTE 1 - NATURE OF ORGANIZATION AND REPORTING ENTITY

Hammock Reserve Community Development District (the "District") was established by the Board of Commissioners of City of Haines City’s approval of Ordinance No. 19-1665 effective on November 7, 2019, as amended by Ordinances No. 21-1731 and No. 22-2010 on June 3, 2021 and August 3, 2022, respectively, pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.
The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes.
The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment; operating- type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.
Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements
When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity
Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.
Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.
Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets	Years	
Equipment	7	
Infrastructure	15-30	

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:
Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

Fund Equity/Net Position (Continued)
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.
Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 - BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriations for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS
Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

The District’s investments were held as follows at September 30, 2023:

Amortized Cost	Credit Risk	Maturities

First American Treasury Obligation Fd Cl Y

$	1,885,765

$	1,885,765

S&P AAAm

Weighted average of the fund portfolio: 24 days

Custodial credit risk – For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the District will not be able to recover the value of the investments or collateral securities that are in the possession of an outside party. The District has no formal policy for custodial risk.

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1:	Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. Accordingly, the District’s investments have been reported at amortized cost above.

Governmental activities
Capital assets, not being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Infrastructure under construction	$ 22,674,115	$	4,565,193	$ 11,546,745	$ 15,692,563	
Total capital assets, not being depreciated	22,674,115	4,565,193	11,546,745	15,692,563	

Capital assets, being depreciated					
Stormw ater system	-	3,354,311	-	3,354,311	
Roadw ays	-	2,511,303	-	2,511,303	
Entry Features	-	1,077,679	-	1,077,679	
Parks and recreation	-	815,982	-	815,982	
Playground equipment - financed purchase	310,309	-	-	310,309	
Total capital assets, being depreciated	310,309	7,759,275	-	8,069,584	

Less accumulated depreciation for:					
Stormw ater system	-	111,810	-	111,810	
Roadw ays	-	83,710	-	83,710	
Entry Features	-	35,923	-	35,923	
Parks and recreation	-	27,199	-	27,199	
Playground equipment - financed purchase	-	44,330	-	44,330	
Total accumulated depreciation	-	302,972	-	302,972	

Total capital assets being depreciated	
310,309	
7,456,303	
-	
7,766,612	

Governmental activities capital assets, net	
$ 22,984,424	
$ 12,021,496	
$ 11,546,745	
$ 23,459,175	
The infrastructure intended to serve the District has been estimated at a total cost of approximately
$26,585,500 and is being completed in Phases consisting of Assessment Area One, Assessment Area Two, and Assessment Area Three. Assessment Area One is estimated to cost $5,658,000 and will be primarily funded with the proceeds of Series 2020 Bonds. Assessment Area Two is estimated to cost
$4,796,000 and will be primarily funded with the proceeds of Series 2021 Bonds. Assessment Area three is estimated to cost $16,131,000 and will be primarily funded with the proceeds of Series 2022 Bonds. The infrastructure will include roadways, potable water and wastewater systems, and land improvements, entry features, parks, and recreational facilities. A portion of the project costs has been financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer and conveyed to the District. Upon completion, the certain improvements are to be conveyed to others for ownership and maintenance responsibilities. This occurred in the current year as assets totaling $3,787,470 were conveyed to other governmental entities.

Developer contributions to the capital projects fund for the current fiscal year were $3,127,400, which includes a receivable of $78,372.
Depreciation expense was charged to the Parks and recreation function.

Series 2020
On October 22, 2020, the District issued $5,380,000 of Special Assessment Bonds, Series 2020, consisting of $425,000 Term Bonds due on May 1, 2025, $610,000 Term Bonds due on May 1, 2030,
$1,625,000 Term Bonds due on May 1, 2040, and $2,720,000 Term Bonds due on May 1, 2051, with fixed interest rates ranging from 2.625% to 4.00%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2022 through May 1, 2051.
The Series 2020 Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are also subject to mandatory sinking fund redemption prior to their selected maturity in the manner outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2023.
Series 2021
On May 18, 2021, the District issued $4,990,000 of Special Assessment Bonds, Series 2021, consisting of $530,000 Term Bonds due on May 1, 2026, $610,000 Term Bonds due on May 1, 2031, $1,575,000 Term Bonds due on May 1, 2041, and $2,275,000 Term Bonds due on May 1, 2051, with fixed interest rates ranging from 2.375% to 4.00%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2022 through May 1, 2051.

The Series 2021 Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are also subject to mandatory sinking fund redemption prior to their selected maturity in the manner outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments from lot closings and prepaid $5,000 of the Series 2021 Bonds.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2023.
Series 2022
On April 6, 2022, the District issued $14,235,000 of Special Assessment Bonds, Series 2022, consisting of $1,235,000 Term Bonds due on May 1, 2027, $1,535,000 Term Bonds due on May 1, 2032,
$4,370,000 Term Bonds due on May 1, 2042, and $7,095,000 Term Bonds due on May 1, 2052, with fixed interest rates ranging from 4.2% to 5.00%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2023 through May 1, 2052.

Series 2022 (Continued)
The Series 2022 Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are also subject to mandatory sinking fund redemption prior to their selected maturity in the manner outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments from lot closings and prepaid $420,000 of the Series 2022 Bonds. See Note 12 - Subsequent Events for additional call amounts subsequent to the fiscal year end.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2023.

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2023 were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities						
Bonds:						
Series 2020	$	5,280,000	$	-	$	105,000	$  5,175,000	$	110,000	
Oiginal Issuance Premium	24,093	-	803	23,290	-	
Series 2021	4,870,000	-	110,000	4,760,000	105,000	
Original Issuance Premium	82,315	-	2,744	79,571	-	
Series 2022	14,235,000	-	645,000	13,590,000	230,000	
Original Issuance Premium	69,531	-	2,318	67,213	-	
Note payable - financed purchase	301,301	-	46,852	254,449	53,849	
Total	$  24,862,240	$	-	$	912,717	$ 23,949,523	$	498,849	
At September 30, 2023, the scheduled debt service requirements on the long-term debt were as follows:

Year ending September 30:

Governmental Activities

Principal	Interest	Total

2024	$	445,000	$	1,018,653	$	1,463,653	
2025	460,000	1,003,613	1,463,613	
2026	475,000	988,033	1,463,033	
2027	495,000	971,183	1,466,183	
2028	515,000	952,913	1,467,913	
2029-2033	2,885,000	4,451,893	7,336,893	
2034-2038	3,545,000	3,801,812	7,346,812	
2039-2043	4,395,000	2,976,861	7,371,861	
2044-2048	5,495,000	1,899,700	7,394,700	
2049-2052	4,815,000	539,650	5,354,650	
	$ 23,525,000	$ 18,604,311	$ 42,129,311	

The District entered into financed purchase agreements for the use of certain playground equipment. The agreements will expire in 2027 and required monthly fixed payments is $7,175. The District has the option to purchase the equipment prior to the expiration of the agreement term.
The scheduled payments for years ending after September 30, 2023 are as follows:

Year ending
September 30:	Principal	Interest	Total	
2024	$	53,849	$	32,254	$	86,103	
2025	61,891	23,305	85,196	
2026	71,133	14,970	86,103	
2027	67,576	4,467	72,043	
Total	$	254,449	$	74,996	$	329,445	

NOTE 8 - DEVELOPER TRANSACTIONS

The Developer has agreed to fund a portion of the general operations of the District. In connection with that agreement, Developer contributions to the general fund were $10,785 as of September 30, 2023. The Developer owns a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer.

NOTE 9 - CONCENTRATION

The District’s activity is dependent upon the continued involvement of the Developer and major landowners, the loss of which could have a material adverse effect on the District’s operations.
NOTE 10 - MANAGEMENT COMPANY

The District has contracted with a management company to perform services which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 11 - RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims since inception of the District.

NOTE 12 – SUBSEQUENT EVENTS
Bond Payments
Subsequent to fiscal year end, the District prepaid a total of $845,000 of the Series 2022 Bonds. The prepayments were considered extraordinary mandatory redemptions as outlined in the Bond Indenture.

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023

	
Budgeted
	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	

REVENUES
Special assessments	

$	534,403	

$	539,103	

$	4,700	
Developer contributions	-	10,785	10,785	
Miscellaneous	-	21,237	21,237	
Total revenues	534,403	571,125	36,722	

EXPENDITURES
Current:
General government	150,413	105,398	45,015	
Maintenance and operations	224,440	109,379	115,061	
Parks and recreation	157,050	190,819	(33,769)	
Debt service:				
Principal	-	46,852	(46,852)	
Interest	-	39,251	(39,251)	
Capital outlay	2,500	-	2,500	
Total expenditures	534,403	491,699	42,704	

Excess (deficiency) of revenues over (under) expenditures	

 $	-		

79,426	

 $	79,426 	
Fund balance - beginning			5,971 		
Fund balance - ending		 $	85,397 		

See notes to required supplementary information

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2023.

OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FLORIDA STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2023 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the
District’s fiscal year being reported.	0	
Number of independent contractors compensated to w hom nonemployee
compensation w as paid in the last month of the District’s fiscal year being reported.	
13	
Employee compensation	0	
Independent contractor compensation	$4,987,074.33	
Construction projects to begin on or after October 1; ($65K)	Not applicable	

Budget variance report	See the Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and
Actual - General Fund	
Ad Valorem taxes	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate	Operations and maintenance - $952.41
Debt service - $1,407 - $1,452	
Special assessments collected	$3,188,479.00	
Outstanding Bonds:	see Note 6 for details	

951 Yamato Road ▪ Suite 280 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Hammock Reserve Community Development District City of Haines City, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Hammock Reserve Community Development District, Orange County, Florida (“District”) as of and for the fiscal year ended September 30, 2023, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 20, 2024.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 20, 2024

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Hammock Reserve Community Development District City of Haines City, Florida
We have examined Hammock Reserve Community Development District, City of Haines City, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida for the fiscal year ended September 30, 2023. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2023.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Hammock Reserve Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 20, 2024

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
Hammock Reserve Community Development District City of Haines City, Florida
Report on the Financial Statements

We have audited the accompanying basic financial statements of Hammock Reserve Community Development District, City of Haines City, Florida ("District") as of and for the fiscal year ended September 30, 2023, and have issued our report thereon dated June 20, 2024.
Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 20, 2024, should be considered in conjunction with this management letter.
Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Hammock Reserve Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Hammock Reserve Community Development District, City of Haines City, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 20, 2024

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None
COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.
There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2022.
Any recommendations to improve the local governmental entity's financial management.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2023.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2023.
The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.
We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2023. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 25.

Section VIII

Section A

REBATE REPORT
$4,990,000
Hammock Reserve Community Development District
(Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)

Dated: May 18, 2021
Delivered: May 18, 2021

Rebate Report to the Computation Date May 18, 2024
Reflecting Activity To May 18, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition and Construction Fund	13	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	16	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	17	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	18	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	19	

June 6, 2024

Hammock Reserve Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$4,990,000 Hammock Reserve Community Development District (Haines City, Florida),
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Hammock Reserve Community Development District (the “District”).
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of May 31, 2025. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the May 18, 2024 Computation Date
Reflecting Activity from May 18, 2021 through May 18, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition and Construction Fund	0.036750%	824.37	(81,361.48)	
Cost of Issuance Fund	0.006568%	0.03	(16.91)	
Capitalized Interest Fund	0.006047%	2.17	(1,318.87)	
Debt Service Reserve Fund	1.948217%	10,763.72	(8,337.80)	
Totals	0.408147%	$11,590.29	$(91,035.06)	
Bond Yield	3.383003%		
Rebate Computation Credits	(6,053.86)	
Net Rebatable Arbitrage	$(97,088.92)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from May 18, 2021, the date of the closing, to May 18, 2024, the Computation Date. All nonpurpose payments and receipts are future valued to the Computation Date of May 18, 2024.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between May 18, 2021 and May 18, 2024, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
May 18, 2024.

Computation Period
The period beginning on May 18, 2021, the date of the closing, and ending on May 18, 2024, the Computation Date.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Revenue	250976000	
Capitalized Interest	250976001	
Sinking	250976002	
Debt Service Reserve	250976003	
Prepayment	250976004	
Acquisition and Construction	250976005	
Cost of Issuance	250976006	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of May 18, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to May 18, 2024. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on May 18, 2024, is the Rebatable Arbitrage.

$4,990,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project) Delivered: May 18, 2021

Sources of Funds

Par Amount	$4,990,000.00	
Net Original Issue Premium	85,153.25	
Total	$5,075,153.25	

Uses of Funds

Acquisition and Construction Fund	$4,433,522.33	
Debt Service Reserve Fund	278,100.00	
Cost of Issuance Fund	184,475.00	
Capitalized Interest Fund	79,255.92	
Underwriter’s Discount	99,800.00	
Total	$5,075,153.25	

PROOF OF ARBITRAGE YIELD
$4,990,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)
Present Value to 05/18/2021
Date	Debt Service	@ 3.3830025356%	
11/01/2021	79,255.92	78,061.17	
05/01/2022	187,521.88	181,622.91	
11/01/2022	86,334.38	82,227.63	
05/01/2023	191,334.38	179,201.80	
11/01/2023	85,087.50	78,366.50	
05/01/2024	190,087.50	172,160.53	
11/01/2024	83,840.63	74,670.65	
05/01/2025	193,840.63	169,767.88	
11/01/2025	82,534.38	71,082.22	
05/01/2026	192,534.38	163,060.85	
11/01/2026	81,228.13	67,649.28	
05/01/2027	196,228.13	160,706.47	
11/01/2027	79,503.13	64,028.25	
05/01/2028	199,503.13	157,998.33	
11/01/2028	77,703.13	60,514.11	
05/01/2029	197,703.13	151,407.36	
11/01/2029	75,903.13	57,162.14	
05/01/2030	200,903.13	148,782.15	
11/01/2030	74,028.13	53,910.86	
05/01/2031	2,479,028.13	1,775,318.48	
11/01/2031	26,578.13	18,716.93	
05/01/2032	161,578.13	111,894.33	
11/01/2032	24,300.00	16,548.06	
05/01/2033	164,300.00	110,025.60	
11/01/2033	21,937.50	14,446.37	
05/01/2034	166,937.50	108,103.75	
11/01/2034	19,490.63	12,411.61	
05/01/2035	169,490.63	106,136.13	
11/01/2035	16,959.38	10,443.42	
05/01/2036	171,959.38	104,129.58	
11/01/2036	14,343.75	8,541.35	
05/01/2037	174,343.75	102,090.49	
11/01/2037	11,643.75	6,704.82	
05/01/2038	176,643.75	100,024.84	
11/01/2038	8,859.38	4,933.19	
05/01/2039	178,859.38	97,938.17	
11/01/2039	5,990.63	3,225.73	
05/01/2040	180,990.63	95,835.64	
11/01/2040	3,037.50	1,581.62	
05/01/2041	183,037.50	93,722.04	
	6,915,384.18	5,075,153.25	
	
Proceeds Summary		

Delivery date	05/18/2021	
Par Value	4,990,000.00	
Premium (Discount)	85,153.25	
Target for yield calculation	5,075,153.25	

PROOF OF ARBITRAGE YIELD
$4,990,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)
Assumed Call/Computation Dates for Premium Bonds

Bond Component	Maturity Date	Rate	Yield	Call Date	Call Price	Yield To Call/Maturity	
TERM04	05/01/2042	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2043	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2044	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2045	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2046	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2047	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2048	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2049	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2050	4.000%	3.550%	05/01/2031	100.000	3.5504562%	
TERM04	05/01/2051	4.000%	3.550%	05/01/2031	100.000	3.5504562%	

Rejected Call/Computation Dates for Premium Bonds

Bond Component	Maturity Date	Rate	Yield	Call Date	Call Price	Yield To Call/Maturity	Increase to Yield	
TERM04	05/01/2042	4.000%	3.550%			3.7408221%	0.1903658%	
TERM04	05/01/2043	4.000%	3.550%			3.7484301%	0.1979738%	
TERM04	05/01/2044	4.000%	3.550%			3.7553378%	0.2048816%	
TERM04	05/01/2045	4.000%	3.550%			3.7616333%	0.2111770%	
TERM04	05/01/2046	4.000%	3.550%			3.7673903%	0.2169340%	
TERM04	05/01/2047	4.000%	3.550%			3.7726713%	0.2222150%	
TERM04	05/01/2048	4.000%	3.550%			3.7775295%	0.2270732%	
TERM04	05/01/2049	4.000%	3.550%			3.7820105%	0.2315543%	
TERM04	05/01/2050	4.000%	3.550%			3.7861537%	0.2356974%	
TERM04	05/01/2051	4.000%	3.550%			3.7899930%	0.2395368%	

BOND DEBT SERVICE
$4,990,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
05/18/2021						
11/01/2021			79,255.92	79,255.92		
05/01/2022	100,000	2.375%	87,521.88	187,521.88	266,777.80	
11/01/2022			86,334.38	86,334.38		
05/01/2023	105,000	2.375%	86,334.38	191,334.38	277,668.76	
11/01/2023			85,087.50	85,087.50		
05/01/2024	105,000	2.375%	85,087.50	190,087.50	275,175.00	
11/01/2024			83,840.63	83,840.63		
05/01/2025	110,000	2.375%	83,840.63	193,840.63	277,681.26	
11/01/2025			82,534.38	82,534.38		
05/01/2026	110,000	2.375%	82,534.38	192,534.38	275,068.76	
11/01/2026			81,228.13	81,228.13		
05/01/2027	115,000	3.000%	81,228.13	196,228.13	277,456.26	
11/01/2027			79,503.13	79,503.13		
05/01/2028	120,000	3.000%	79,503.13	199,503.13	279,006.26	
11/01/2028			77,703.13	77,703.13		
05/01/2029	120,000	3.000%	77,703.13	197,703.13	275,406.26	
11/01/2029			75,903.13	75,903.13		
05/01/2030	125,000	3.000%	75,903.13	200,903.13	276,806.26	
11/01/2030			74,028.13	74,028.13		
05/01/2031	130,000	3.000%	74,028.13	204,028.13	278,056.26	
11/01/2031			72,078.13	72,078.13		
05/01/2032	135,000	3.375%	72,078.13	207,078.13	279,156.26	
11/01/2032			69,800.00	69,800.00		
05/01/2033	140,000	3.375%	69,800.00	209,800.00	279,600.00	
11/01/2033			67,437.50	67,437.50		
05/01/2034	145,000	3.375%	67,437.50	212,437.50	279,875.00	
11/01/2034			64,990.63	64,990.63		
05/01/2035	150,000	3.375%	64,990.63	214,990.63	279,981.26	
11/01/2035			62,459.38	62,459.38		
05/01/2036	155,000	3.375%	62,459.38	217,459.38	279,918.76	
11/01/2036			59,843.75	59,843.75		
05/01/2037	160,000	3.375%	59,843.75	219,843.75	279,687.50	
11/01/2037			57,143.75	57,143.75		
05/01/2038	165,000	3.375%	57,143.75	222,143.75	279,287.50	
11/01/2038			54,359.38	54,359.38		
05/01/2039	170,000	3.375%	54,359.38	224,359.38	278,718.76	
11/01/2039			51,490.63	51,490.63		
05/01/2040	175,000	3.375%	51,490.63	226,490.63	277,981.26	
11/01/2040			48,537.50	48,537.50		
05/01/2041	180,000	3.375%	48,537.50	228,537.50	277,075.00	
11/01/2041			45,500.00	45,500.00		
05/01/2042	190,000	4.000%	45,500.00	235,500.00	281,000.00	
11/01/2042			41,700.00	41,700.00		
05/01/2043	195,000	4.000%	41,700.00	236,700.00	278,400.00	
11/01/2043			37,800.00	37,800.00		
05/01/2044	205,000	4.000%	37,800.00	242,800.00	280,600.00	
11/01/2044			33,700.00	33,700.00		
05/01/2045	215,000	4.000%	33,700.00	248,700.00	282,400.00	
11/01/2045			29,400.00	29,400.00		
05/01/2046	220,000	4.000%	29,400.00	249,400.00	278,800.00	
11/01/2046			25,000.00	25,000.00		
05/01/2047	230,000	4.000%	25,000.00	255,000.00	280,000.00	
11/01/2047			20,400.00	20,400.00		
05/01/2048	240,000	4.000%	20,400.00	260,400.00	280,800.00	
11/01/2048			15,600.00	15,600.00		
05/01/2049	250,000	4.000%	15,600.00	265,600.00	281,200.00	

BOND DEBT SERVICE
$4,990,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2021 (Assessment Area Two Project)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/01/2049			10,600.00	10,600.00		
05/01/2050	260,000	4.000%	10,600.00	270,600.00	281,200.00	
11/01/2050			5,400.00	5,400.00		
05/01/2051	270,000	4.000%	5,400.00	275,400.00	280,800.00	
	4,990,000		3,365,584.18	8,355,584.18	8,355,584.18	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)

05/18/21	Beg	Bal	-4,433,522.33	-4,902,943.10	
05/18/21			187,122.81	206,935.35	
05/18/21			3,141.70	3,474.34	
05/18/21			90,855.00	100,474.72	
05/18/21			57,928.42	64,061.87	
05/18/21			2,157.00	2,385.38	
05/18/21			1,217.50	1,346.41	
05/21/21			6,533.00	7,222.69	
06/07/21			188,149.80	207,703.00	
06/07/21			101,980.41	112,578.58	
06/16/21			3,000.00	3,308.99	
06/25/21			13,230.00	14,580.43	
06/25/21			1,140.50	1,256.91	
06/28/21			-1,400.00	-1,542.47	
07/09/21			174,047.36	191,562.90	
07/09/21			3,000.00	3,301.91	
07/09/21			2,945.00	3,241.37	
07/16/21			112.00	123.19	
07/23/21			3,000.00	3,297.61	
08/03/21			73.53	80.75	
08/11/21			3,000.00	3,292.08	
08/27/21			750.70	822.56	
08/27/21			74,222.72	81,327.66	
08/27/21			102.50	112.31	
08/31/21			3,000.00	3,286.25	
08/31/21			438.00	479.79	
09/27/21			501,652.30	548,138.22	
09/27/21			76,141.00	83,196.65	
09/27/21			45,945.00	50,202.52	
09/27/21			58,487.59	63,907.38	
09/27/21			79,455.80	86,818.62	
09/27/21			2,119.27	2,315.65	
09/27/21			3,000.00	3,278.00	
09/27/21			184,219.30	201,290.10	
10/12/21			3,000.00	3,273.42	
10/14/21			5,710.00	6,229.24	
10/22/21			291.25	317.50	
10/27/21			55,576.30	60,556.78	
10/27/21			171,557.23	186,931.37	
10/27/21			843.75	919.36	
11/15/21			4,083.00	4,441.44	
11/15/21			3,000.00	3,263.37	
11/19/21			3,000.00	3,262.15	
11/19/21			3,000.00	3,262.15	
11/23/21			197,497.53	214,675.56	
12/02/21			3,000.00	3,258.20	
12/03/21			4,527.50	4,916.71	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)	
12/14/21	16,527.19	17,929.58	
12/14/21	45,640.00	49,512.71	
12/23/21	440,992.44	478,011.10	
12/23/21	327.30	354.77	
12/23/21	1,457.50	1,579.85	
01/10/22	3,000.00	3,246.68	
01/18/22	-6,034.94	-6,526.31	
01/18/22	105.00	113.55	
01/18/22	281,592.28	304,520.00	
02/02/22	9,137.50	9,868.61	
02/02/22	3,000.00	3,240.04	
02/02/22	524,587.25	566,560.41	
02/04/22	3,000.00	3,239.43	
02/10/22	600.00	647.52	
02/10/22	3,000.00	3,237.62	
02/10/22	9,202.00	9,930.86	
02/10/22	61,750.00	66,641.03	
03/15/22	328,149.53	352,988.09	
04/13/22	6,866.37	7,366.86	
04/13/22	10,332.50	11,085.63	
04/14/22	119,426.54	128,119.57	
04/14/22	2,658.00	2,851.48	
04/22/22	-139,050.00	-149,060.25	
04/25/22	2,044.00	2,190.54	
04/27/22	3,340.00	3,578.78	
05/03/22	12,000.00	12,850.70	
05/17/22	-10,107.00	-10,809.39	
05/18/22	218,407.72	233,564.39	
06/08/22	800.00	853.92	
06/08/22	3,737.50	3,989.43	
06/08/22	298.45	318.57	
08/09/22	1,236.25	1,312.10	
08/09/22	112.50	119.40	
08/24/22	1,000.00	1,059.87	
09/01/22	310.33	328.70	
09/02/22	82,085.00	86,934.77	
09/08/22	1,840.93	1,948.61	
10/11/22	43,953.65	46,381.66	
10/11/22	20,999.01	22,159.00	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)	
04/30/23	MMkt Bal	166.06	172.01	
04/30/23	MMkt Acc	0.58	0.60	
05/18/24	TOTALS:	823.88	-81,361.60	

ISSUE DATE:	05/18/21	
REBATABLE ARBITRAGE:	
-81,361.60	
COMP DATE:	05/18/24	NET INCOME:	823.88	
BOND YIELD: 3.383003%	TAX INV YIELD:	0.036728%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)

05/18/21	Beg	Bal	-184,475.00	-204,007.19	
05/18/21			30,000.00	33,176.40	
05/18/21			51,000.00	56,399.87	
05/18/21			1,750.00	1,935.29	
05/18/21			45,000.00	49,764.59	
05/18/21			6,000.00	6,635.28	
05/20/21			45,000.00	49,755.32	
06/01/21			5,725.00	6,323.50	
04/12/22			0.03	0.03	
05/18/24	TOTALS:	0.03	-16.91	

ISSUE DATE:	05/18/21	
REBATABLE ARBITRAGE:	
-16.91	
COMP DATE:	05/18/24	NET INCOME:	0.03	
BOND YIELD: 3.383003%	TAX INV YIELD:	0.006568%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)

05/18/21	Beg	Bal	-79,255.92	-87,647.53	
06/02/21			0.18	0.20	
07/02/21			0.39	0.43	
08/02/21			0.40	0.44	
09/02/21			0.41	0.45	
10/04/21			0.39	0.43	
11/01/21			79,255.92	86,326.28	
11/02/21			0.40	0.44	
05/18/24	TOTALS:	2.17	-1,318.87	

ISSUE DATE:	05/18/21	
REBATABLE ARBITRAGE:	
-1,318.87	
COMP DATE:	05/18/24	NET INCOME:	2.17	
BOND YIELD: 3.383003%	TAX INV YIELD:	0.006047%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)

05/18/21	Beg	Bal	-278,100.00	-307,545.19	
06/02/21			0.64	0.71	
07/02/21			1.37	1.51	
08/03/21			1.41	1.55	
09/02/21			1.42	1.56	
10/04/21			1.37	1.50	
11/02/21			1.41	1.54	
12/02/21			1.38	1.50	
12/30/21			0.03	0.03	
01/04/22			1.41	1.53	
02/02/22			1.41	1.52	
03/02/22			1.28	1.38	
04/04/22			1.43	1.54	
04/22/22			139,050.00	149,060.25	
05/03/22			1.16	1.24	
06/02/22			35.05	37.43	
07/06/22			704.68	750.22	
08/02/22			139.13	147.76	
09/02/22			209.44	221.81	
10/04/22			239.25	252.63	
11/02/22			313.37	330.03	
12/02/22			381.90	401.09	
01/04/23			431.46	451.79	
02/01/23			84.38	88.13	
02/02/23			459.40	479.79	
03/02/23			440.06	458.31	
04/04/23			497.44	516.52	
04/30/23	MMkt Bal	138,260.94	143,217.90	
04/30/23	MMkt Acc	481.39	498.65	
05/18/24	TOTALS:	3,643.61	-10,615.79	

ISSUE DATE:	05/18/21	
REBATABLE ARBITRAGE:	
-10,615.79	
COMP DATE:	05/18/24	NET INCOME:	3,643.61	
BOND YIELD: 3.383003%	TAX INV YIELD:	0.907061%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.383003%)	
05/18/22	-1,830.00	-1,957.00	
05/18/24	TOTALS:	-1,830.00	-1,957.00	

ISSUE DATE:	05/18/21	REBATABLE ARBITRAGE: -1,957.00 COMP DATE:	05/18/24
BOND YIELD: 3.383003%

Section B

REBATE REPORT
$14,235,000
Hammock Reserve Community Development District
(Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)

Dated: April 22, 2022
Delivered: April 22, 2022

Rebate Report to the Computation Date April 22, 2025
Reflecting Activity To April 30, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition and Construction Fund – Phase 3	13	
Arbitrage Rebate Calculation Detail Report – Acquisition and Construction Fund – Phase 4	15	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	18	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	19	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	20	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	21	

May 8, 2024

Hammock Reserve Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$14,235,000 Hammock Reserve Community Development District (Haines City, Florida),
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Hammock Reserve Community Development District (the “District”)
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of April 22, 2025, the Computation Date. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the April 22, 2025 Computation Date
Reflecting Activity from April 22, 2022 through April 30, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Fund - Phase 3	0.876372%	17,787.39	(90,432.20)	
Acquisition & Construction Fund - Phase 4	1.315990%	24,226.98	(72,581.39)	
Cost of Issuance Fund	1.254541%	16.37	(52.40)	
Capitalized Interest Fund	1.417488%	2,668.88	(7,205.36)	
Debt Service Reserve Fund	3.324570%	59,395.67	(29,009.05)	
Totals	1.773828%	$104,095.29	$(199,280.40)	
Bond Yield	4.817516%		
Rebate Computation Credits	(4,326.70)	
Net Rebatable Arbitrage	$(203,607.10)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from April 22, 2022, the date of the closing, to April 30, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of April 22, 2025.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between April 22, 2022 and April 30, 2024, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
April 22, 2025.

Computation Period
The period beginning on April 22, 2022, the date of the closing, and ending on April 30, 2024.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Acquisition & Construction Fund - Phase 3	249642005	
Acquisition & Construction Fund - Phase 4	249642006	
Cost of Issuance Fund	249642008	
Debt Service Reserve Fund	249642003	
Capitalized Interest Fund	249642001	
Prepayment Fund	249642004	
Revenue Fund	249642000	
Sinking Fund	249642002	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of April 30, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to April 22, 2025. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on April 22, 2025, is the Rebatable Arbitrage.

$14,235,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project) Delivered: April 22, 2022

Sources of Funds

Par Amount	$14,235,000.00	
Net Original Issue Premium	69,531.00	
Total	$14,304,531.00	

Uses of Funds

Acquisition & Construction Fund – Phase 3	$ 7,280,133.68	
Acquisition & Construction Fund – Phase 4	5,275,433.57	
Debt Service Reserve Fund	904,500.00	
Cost of Issuance Fund	203,000.00	
Capitalized Interest Fund	356,763.75	
Underwriter’s Discount	284,700.00	
Total	$14,304,531.00	

PROOF OF ARBITRAGE YIELD
$14,235,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)

Date	

Debt Service	Present Value to 04/22/2022
@ 4.8175159327%	
11/01/2022	356,763.75	347,957.95	
05/01/2023	564,775.00	537,878.78	
11/01/2023	335,050.00	311,588.54	
05/01/2024	570,050.00	517,663.68	
11/01/2024	330,115.00	292,727.09	
05/01/2025	575,115.00	497,983.84	
11/01/2025	324,970.00	274,768.36	
05/01/2026	584,970.00	482,969.77	
11/01/2026	319,510.00	257,592.79	
05/01/2027	589,510.00	464,091.20	
11/01/2027	313,840.00	241,258.90	
05/01/2028	593,840.00	445,766.48	
11/01/2028	307,680.00	225,527.82	
05/01/2029	602,680.00	431,370.60	
11/01/2029	301,190.00	210,507.32	
05/01/2030	606,190.00	413,712.20	
11/01/2030	294,480.00	196,249.37	
05/01/2031	614,480.00	399,873.95	
11/01/2031	287,440.00	182,652.44	
05/01/2032	622,440.00	386,223.47	
11/01/2032	280,070.00	169,695.63	
05/01/2033	630,070.00	372,782.72	
11/01/2033	271,845.00	157,054.80	
05/01/2034	636,845.00	359,274.60	
11/01/2034	263,267.50	145,028.35	
05/01/2035	648,267.50	348,716.76	
11/01/2035	254,220.00	133,533.79	
05/01/2036	659,220.00	338,123.03	
11/01/2036	244,702.50	122,559.13	
05/01/2037	669,702.50	327,530.76	
11/01/2037	234,715.00	112,091.82	
05/01/2038	679,715.00	316,973.41	
11/01/2038	224,257.50	102,118.84	
05/01/2039	689,257.50	306,480.81	
11/01/2039	213,330.00	92,626.79	
05/01/2040	698,330.00	296,079.46	
11/01/2040	201,932.50	83,602.01	
05/01/2041	711,932.50	287,814.19	
11/01/2041	189,947.50	74,984.22	
05/01/2042	724,947.50	279,451.05	
11/01/2042	177,375.00	66,765.87	
05/01/2043	737,375.00	271,027.52	
11/01/2043	163,375.00	58,637.24	
05/01/2044	753,375.00	264,035.30	
11/01/2044	148,625.00	50,863.42	
05/01/2045	768,625.00	256,856.82	
11/01/2045	133,125.00	43,440.93	
05/01/2046	783,125.00	249,536.16	
11/01/2046	116,875.00	36,365.28	
05/01/2047	801,875.00	243,632.30	
11/01/2047	99,750.00	29,594.02	
05/01/2048	819,750.00	237,484.58	
11/01/2048	81,750.00	23,126.22	
05/01/2049	841,750.00	232,521.40	
11/01/2049	62,750.00	16,926.08	
05/01/2050	857,750.00	225,926.06	

PROOF OF ARBITRAGE YIELD
$14,235,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)

Date	

Debt Service	Present Value to 04/22/2022
@ 4.8175159327%	
11/01/2050	42,875.00	11,027.39	
05/01/2051	877,875.00	220,477.40	
11/01/2051	22,000.00	5,395.32	
05/01/2052	902,000.00	216,004.97	
	27,413,663.75	14,304,531.00	
	
Proceeds Summary		

Delivery date	04/22/2022	
Par Value	14,235,000.00	
Premium (Discount)	69,531.00	
Target for yield calculation	14,304,531.00	

BOND DEBT SERVICE
$14,235,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
04/22/2022						
11/01/2022			356,763.75	356,763.75		
05/01/2023	225,000	4.200%	339,775.00	564,775.00	921,538.75	
11/01/2023			335,050.00	335,050.00		
05/01/2024	235,000	4.200%	335,050.00	570,050.00	905,100.00	
11/01/2024			330,115.00	330,115.00		
05/01/2025	245,000	4.200%	330,115.00	575,115.00	905,230.00	
11/01/2025			324,970.00	324,970.00		
05/01/2026	260,000	4.200%	324,970.00	584,970.00	909,940.00	
11/01/2026			319,510.00	319,510.00		
05/01/2027	270,000	4.200%	319,510.00	589,510.00	909,020.00	
11/01/2027			313,840.00	313,840.00		
05/01/2028	280,000	4.400%	313,840.00	593,840.00	907,680.00	
11/01/2028			307,680.00	307,680.00		
05/01/2029	295,000	4.400%	307,680.00	602,680.00	910,360.00	
11/01/2029			301,190.00	301,190.00		
05/01/2030	305,000	4.400%	301,190.00	606,190.00	907,380.00	
11/01/2030			294,480.00	294,480.00		
05/01/2031	320,000	4.400%	294,480.00	614,480.00	908,960.00	
11/01/2031			287,440.00	287,440.00		
05/01/2032	335,000	4.400%	287,440.00	622,440.00	909,880.00	
11/01/2032			280,070.00	280,070.00		
05/01/2033	350,000	4.700%	280,070.00	630,070.00	910,140.00	
11/01/2033			271,845.00	271,845.00		
05/01/2034	365,000	4.700%	271,845.00	636,845.00	908,690.00	
11/01/2034			263,267.50	263,267.50		
05/01/2035	385,000	4.700%	263,267.50	648,267.50	911,535.00	
11/01/2035			254,220.00	254,220.00		
05/01/2036	405,000	4.700%	254,220.00	659,220.00	913,440.00	
11/01/2036			244,702.50	244,702.50		
05/01/2037	425,000	4.700%	244,702.50	669,702.50	914,405.00	
11/01/2037			234,715.00	234,715.00		
05/01/2038	445,000	4.700%	234,715.00	679,715.00	914,430.00	
11/01/2038			224,257.50	224,257.50		
05/01/2039	465,000	4.700%	224,257.50	689,257.50	913,515.00	
11/01/2039			213,330.00	213,330.00		
05/01/2040	485,000	4.700%	213,330.00	698,330.00	911,660.00	
11/01/2040			201,932.50	201,932.50		
05/01/2041	510,000	4.700%	201,932.50	711,932.50	913,865.00	
11/01/2041			189,947.50	189,947.50		
05/01/2042	535,000	4.700%	189,947.50	724,947.50	914,895.00	
11/01/2042			177,375.00	177,375.00		
05/01/2043	560,000	5.000%	177,375.00	737,375.00	914,750.00	
11/01/2043			163,375.00	163,375.00		
05/01/2044	590,000	5.000%	163,375.00	753,375.00	916,750.00	
11/01/2044			148,625.00	148,625.00		
05/01/2045	620,000	5.000%	148,625.00	768,625.00	917,250.00	
11/01/2045			133,125.00	133,125.00		
05/01/2046	650,000	5.000%	133,125.00	783,125.00	916,250.00	
11/01/2046			116,875.00	116,875.00		
05/01/2047	685,000	5.000%	116,875.00	801,875.00	918,750.00	
11/01/2047			99,750.00	99,750.00		
05/01/2048	720,000	5.000%	99,750.00	819,750.00	919,500.00	
11/01/2048			81,750.00	81,750.00		
05/01/2049	760,000	5.000%	81,750.00	841,750.00	923,500.00	
11/01/2049			62,750.00	62,750.00		
05/01/2050	795,000	5.000%	62,750.00	857,750.00	920,500.00	

BOND DEBT SERVICE
$14,235,000
Hammock Reserve Community Development District (Haines City, Florida)
Special Assessment Bonds, Series 2022 (Assessment Area Three Project)

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/01/2050			42,875.00	42,875.00		
05/01/2051	835,000	5.000%	42,875.00	877,875.00	920,750.00	
11/01/2051			22,000.00	22,000.00		
05/01/2052	880,000	5.000%	22,000.00	902,000.00	924,000.00	
	14,235,000		13,178,663.75	27,413,663.75	27,413,663.75	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)

04/22/22	Beg	Bal	-7,280,133.68	-8,397,730.78	
04/27/22			2,424.00	2,794.27	
05/03/22			2,075.00	2,390.06	
05/03/22			2,424.00	2,792.05	
05/16/22			-2,075.00	-2,385.96	
05/17/22			10,107.00	11,620.08	
05/17/22			18,762.09	21,570.89	
05/17/22			9,049.79	10,404.60	
05/17/22			2,424.00	2,786.89	
05/17/22			154,080.06	177,146.81	
05/17/22			200,432.70	230,438.72	
05/17/22			26,960.00	30,996.08	
05/25/22			256,882.69	295,027.36	
06/08/22			105,021.00	120,408.47	
06/08/22			2,424.00	2,779.16	
06/08/22			399,385.68	457,902.89	
06/08/22			208,821.60	239,417.73	
06/08/22			526,425.39	603,556.20	
06/08/22			300.00	343.96	
06/22/22			8,216.47	9,402.91	
06/22/22			2,424.00	2,774.02	
06/22/22			3,600.00	4,119.83	
06/22/22			57.00	65.23	
06/22/22			7.15	8.18	
06/28/22			-26,960.00	-30,828.49	
06/28/22			109.50	125.21	
06/30/22			-1,408.54	-1,610.23	
07/14/22			54,342.00	62,008.19	
07/14/22			2,424.00	2,765.96	
07/14/22			145,456.25	165,976.22	
07/14/22			35,048.00	39,992.33	
07/14/22			544,412.13	621,214.04	
07/27/22			1,407,537.50	1,603,344.61	
07/27/22			18,364.00	20,918.68	
07/27/22			38,662.25	44,040.68	
07/27/22			4,848.00	5,522.42	
07/27/22			229,763.58	261,726.74	
08/10/22			26,236.00	29,834.44	
08/10/22			8,590.21	9,768.42	
08/10/22			43,085.00	48,994.40	
08/10/22			791,656.50	900,237.53	
08/18/22			2,424.00	2,753.55	
08/18/22			660.00	749.73	
08/24/22			32,980.98	37,435.18	
09/08/22			25,330.80	28,698.64	
09/15/22			65,582.97	74,233.75	
09/15/22			2,424.00	2,743.74	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)	
09/15/22	633,035.79	716,536.98	
09/23/22	65,634.39	74,213.41	
09/23/22	6,572.00	7,431.02	
09/23/22	2,424.00	2,740.84	
10/12/22	17,370.00	19,591.13	
10/12/22	13,615.88	15,356.97	
10/12/22	2,424.00	2,733.96	
10/12/22	12,335.05	13,912.36	
10/12/22	657,620.32	741,711.48	
10/25/22	30,879.50	34,768.30	
10/25/22	2,424.00	2,729.27	
11/15/22	11,894.00	13,356.50	
11/15/22	51,714.05	58,072.86	
11/15/22	10,046.41	11,281.73	
11/15/22	385,976.15	433,436.13	
11/15/22	1,575.00	1,768.66	
12/02/22	0.18	0.20	
12/15/22	500.00	559.26	
03/07/23	76.00	84.09	
04/30/23	de minimis	6.60	7.25	
04/22/25	TOTALS:	17,787.39	-90,432.20	

ISSUE DATE:	04/22/22	
REBATABLE ARBITRAGE:	
-90,432.20	
COMP DATE:	04/22/25	NET INCOME:	17,787.39	
BOND YIELD: 4.817516%	TAX INV YIELD:	0.876372%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)

04/22/22	Beg	Bal	-5,275,433.57	-6,085,282.61	
05/03/22			134,991.16	155,487.76	
05/03/22			2,529.84	2,913.96	
05/03/22			675,841.86	778,459.40	
05/03/22			865.64	997.08	
05/03/22			406.68	468.43	
05/03/22			1,326.00	1,527.34	
05/03/22			10,474.29	12,064.67	
05/03/22			2,445.00	2,816.24	
05/18/22			367.30	422.23	
05/18/22			1,326.00	1,524.31	
05/18/22			1,360.50	1,563.97	
05/25/22			93,852.33	107,788.52	
06/03/22			-865.64	-993.13	
06/03/22			-6.06	-6.95	
06/03/22			865.64	993.13	
06/09/22			38,476.80	44,108.51	
06/09/22			34,171.82	39,173.43	
06/09/22			15,604.00	17,887.90	
06/09/22			122,166.38	140,047.44	
06/09/22			36,022.00	41,294.41	
06/09/22			1,326.00	1,520.08	
06/09/22			393.20	450.75	
06/22/22			489.43	560.10	
06/22/22			3,978.00	4,552.41	
06/22/22			57.00	65.23	
06/22/22			6.50	7.44	
06/28/22			26,960.00	30,828.49	
06/28/22			1,425.00	1,629.47	
06/28/22			109.50	125.21	
06/30/22			-2,815.14	-3,218.23	
07/14/22			17,958.00	20,491.39	
07/14/22			567,827.19	647,932.34	
07/14/22			72,374.80	82,584.94	
07/14/22			363,956.76	415,301.27	
07/27/22			1,326.00	1,510.46	
07/27/22			1,326.00	1,510.46	
07/29/22			69,485.00	79,130.35	
08/10/22			482.50	548.68	
08/10/22			38,386.00	43,650.90	
08/10/22			21,339.49	24,266.35	
08/10/22			447,031.77	508,345.20	
08/18/22			1,326.00	1,506.28	
08/24/22			11,839.98	13,439.01	
09/08/22			11,481.00	13,007.45	
09/08/22			116,292.15	131,753.68	
09/08/22			14,774.40	16,738.72	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)	
09/08/22	1,326.00	1,502.30	
09/08/22	13,856.70	15,699.01	
09/08/22	384,379.48	435,484.33	
09/23/22	15,890.68	17,967.74	
09/23/22	1,326.00	1,499.32	
10/12/22	7,331.62	8,269.13	
10/12/22	17,473.00	19,707.31	
10/12/22	36,649.54	41,335.99	
10/12/22	48,945.60	55,204.37	
10/12/22	10,825.21	12,209.45	
10/12/22	1,326.00	1,495.56	
10/12/22	6,641.95	7,491.27	
10/12/22	404,185.96	455,869.99	
11/02/22	14,672.87	16,505.41	
11/02/22	1,326.00	1,491.61	
11/15/22	295,169.27	331,463.56	
11/15/22	1,500.00	1,684.44	
11/21/22	15,713.77	17,631.95	
11/21/22	34,162.50	38,332.73	
11/21/22	1,326.00	1,487.87	
12/09/22	48,176.00	53,928.35	
12/09/22	35,553.60	39,798.80	
12/09/22	1,800.00	2,014.92	
12/09/22	486,644.44	544,751.12	
12/15/22	23,931.25	26,767.46	
12/15/22	2,652.00	2,966.30	
12/20/22	1,326.00	1,482.17	
12/30/22	398,307.70	444,630.32	
12/30/22	1,326.00	1,480.21	
01/10/23	14,918.88	16,631.92	
01/10/23	6,000.00	6,688.94	
01/19/23	1,326.00	1,476.50	
02/13/23	862.50	957.35	
03/16/23	-6,000.00	-6,630.82	
03/17/23	-78,695.00	-86,957.20	
03/24/23	79,107.50	87,332.13	
04/06/23	1,412.00	1,556.33	
05/05/23	150.00	164.70	
05/31/23	13.47	14.74	
05/31/23	366.31	400.88	
06/07/23	-83,100.07	-90,858.49	
06/08/23	1,400.00	1,530.50	
06/22/23	8,483.33	9,256.97	
07/11/23	369.55	402.24	
07/11/23	114.00	124.08	
07/24/23	3,834.94	4,167.00	
07/24/23	50,611.73	54,994.11	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)	
07/24/23	381.93	415.00	
07/26/23	1,727.84	1,876.95	
08/09/23	255.50	277.07	
09/15/23	37.50	40.47	
09/15/23	2,000.00	2,158.57	
09/15/23	75.00	80.95	
10/12/23	1,253.50	1,348.06	
10/12/23	265.43	285.45	
11/07/23	2,080.00	2,229.53	
11/07/23	1,417.00	1,518.87	
11/07/23	4,378.00	4,692.73	
11/07/23	1,434.25	1,537.36	
11/07/23	923.15	989.51	
12/22/23	2,862.89	3,050.49	
12/22/23	574.50	612.15	
01/16/24	528.00	560.82	
01/23/24	-45,721.00	-48,517.79	
01/30/24	73.00	77.39	
02/27/24	1,152.00	1,216.99	
03/04/24	3,158.27	3,333.34	
03/04/24	693.50	731.94	
04/03/24	2,080.50	2,187.42	
04/17/24	41,751.44	43,816.01	
04/22/25	TOTALS:	24,226.98	-72,581.39	

ISSUE DATE:	04/22/22	
REBATABLE ARBITRAGE:	
-72,581.39	
COMP DATE:	04/22/25	NET INCOME:	24,226.98	
BOND YIELD: 4.817516%	TAX INV YIELD:	1.315990%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)	
04/22/22	Beg Bal	-203,000.00	-234,163.19	
04/22/22	50,000.00	57,675.66	
04/22/22	6,000.00	6,921.08	
04/22/22	1,750.00	2,018.65	
04/22/22	30,000.00	34,605.40	
04/22/22	49,077.68	56,611.75	
04/22/22	58,000.00	66,903.77	
04/27/22	5,750.00	6,628.32	
10/24/22	2,434.64	2,741.61	
11/02/22	4.05	4.56	
04/22/25	TOTALS:	16.37	-52.40	

ISSUE DATE:	04/22/22	
REBATABLE ARBITRAGE:	
-52.40	
COMP DATE:	04/22/25	NET INCOME:	16.37	
BOND YIELD: 4.817516%	TAX INV YIELD:	1.254541%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)

04/22/22	Beg	Bal	-356,763.75	-411,531.72	
05/03/22			0.53	0.61	
06/02/22			89.93	103.19	
07/05/22			205.37	234.62	
08/02/22			358.55	408.16	
09/02/22			540.10	612.39	
10/04/22			616.99	696.62	
10/24/22			-2,434.64	-2,741.61	
11/01/22			356,763.75	401,374.11	
11/02/22			809.58	910.69	
11/02/22			-4.05	-4.56	
12/02/22			6.73	7.54	
01/04/23			7.61	8.49	
02/02/23			8.10	9.00	
03/02/23			7.76	8.59	
04/04/23			8.77	9.67	
05/01/23			-337,336.31	-370,590.80	
05/01/23			339,775.00	373,269.89	
05/02/23			8.86	9.73	
04/22/25	TOTALS:	2,668.88	-7,205.36	

ISSUE DATE:	04/22/22	
REBATABLE ARBITRAGE:	
-7,205.36	
COMP DATE:	04/22/25	NET INCOME:	2,668.88	
BOND YIELD: 4.817516%	TAX INV YIELD:	1.417488%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)

04/22/22	Beg	Bal	-904,500.00	-1,043,352.75	
05/03/22			1.34	1.54	
06/02/22			228.01	261.63	
07/05/22			520.66	594.82	
08/02/22			909.02	1,034.79	
09/02/22			1,369.32	1,552.61	
10/04/22			1,564.24	1,766.13	
11/02/22			2,048.81	2,304.69	
12/02/22			2,496.83	2,797.55	
01/04/23			2,820.87	3,147.27	
02/02/23			3,003.53	3,338.68	
03/02/23			2,878.85	3,187.42	
04/04/23			3,254.22	3,587.81	
05/02/23			3,286.18	3,609.65	
06/02/23			3,575.00	3,911.36	
07/05/23			3,499.13	3,811.68	
08/01/23			26,725.00	29,012.20	
08/02/23			3,655.93	3,968.29	
09/05/23			3,683.79	3,981.12	
10/02/23			3,567.30	3,841.49	
11/01/23			27,505.00	29,505.71	
12/01/23			3,470.41	3,708.11	
12/22/23			0.84	0.90	
01/03/24			3,584.96	3,814.33	
02/01/24			26,717.53	28,321.89	
03/04/24			3,219.19	3,397.64	
04/02/24			3,433.99	3,610.95	
04/30/24	Bal		823,552.50	862,791.90	
04/30/24	Acc		3,323.22	3,481.56	
04/22/25	TOTALS:	59,395.67	-29,009.05	

ISSUE DATE:	04/22/22	
REBATABLE ARBITRAGE:	
-29,009.05	
COMP DATE:	04/22/25	NET INCOME:	59,395.67	
BOND YIELD: 4.817516%	TAX INV YIELD:	3.324570%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.817516%)	
04/22/23	-1,960.00	-2,155.78	
04/22/24	-2,070.00	-2,170.92	
04/22/25	TOTALS:	-4,030.00	-4,326.70	

ISSUE DATE:	04/22/22	REBATABLE ARBITRAGE: -4,326.70 COMP DATE:	04/22/25
BOND YIELD: 4.817516%

Section IX

PREPARED BY AND RETURN TO:

Lauren Gentry, Esquire Kilinski I Van Wyk, PLLC
517 E. College Avenue Tallahassee, Florida 32301

Parcel ID No.
27-27-30-000000-031070 and 27-27-19-742520-000032

SPECIAL WARRANTY DEED
THIS SPECIAL WARRANTY DEED is executed as of this _ day of April 2024, by CH DEV HAMMOCK, LLC, a Florida limited liability company, with a mailing address of 346 E. Central Avenue, Winter Haven, Florida 33880 (hereinafter called the "grantor"), in favor of HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government, with a mailing address of 219 East Livingston Street, Orlando, Florida 32801 (hereinafter called the "grantee").

[Wherever used herein, the tenns "grantor" and "grantee" shall include the singular and plural, heirs, legal representatives, successors and assigns of individuals, and the successors and assigns of corporations, as the context requires.]

W I T N E S S E T H:

That the grantor, for and in consideration of the sum of $10.00 and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms unto the grantee, all that certain land situate in Polk County, Florida, further described at Exhibit A attached hereto.

Subject to restrictions, covenants, conditions and easements, of record; however, reference hereto shall not be deemed to reimpose same.

TOGETHER with all the tenements, hereditaments and appurtenances thereto belonging or in anywise appertaining.
TO HAVE AND TO HOLD, the same in fee simple forever.

AND the grantor hereby covenants with said grantee that the grantor is lawfully seized of said land in fee simple; that the grantor has good right and lawful authority to sell and convey said land; and hereby warrants the title to said land and will defend the same against the lawful claims of all persons or entities whomsoever claiming by, through or under grantor.

Grantor represents that grantor has complied with the requirements of Section 196.295, Florida Statutes.
[Signature pages follow]

Note to Recorder: This deed conveys unencumbered property to a local unit of special-purpose government for no taxable consideration. Accordingly, pursuant to Rule 12B-4.014. F.A.C., only minimal documentary stamp tax is being paid hereon.

IN WITNESS WHEREOF, the Parties have caused this Special Warranty Deed to be executed as of the day and year first written above.
GRANTOR:

Signed, sealed and delivered in the presence of:

p	!	 Address:

346 E. Central Ave. Winter Haven, FL33880

CH DEV HAMMOCK, LLC

a Florida Umited liability company

By
Its: Ma Address:
346 E. Central Ave. Winter Haven, FL 33880

Print Name:  a-. , il, , , , J.-w' fFi'\&:J

Address:
346 E. Central Ave. Winter Haven, FL 33880

STATE OF FLORIDA COUNTY OF POLK

SWORN T ND SUBSCRIBED before me by means ofM physical presence or O online notarization this  clay of April 2024 by Albert B. Cassidy, as Manager of CH DEV HAMMOCK, LLC, a Florida limited liability company, on behalf of company.

Name: '-A V \v\.)	 \::; y.;<µ.,.OJ\., 

[notary seal]

Personally KnownT.1._,,._ 	 _

Notary Publ\O Stat• of Florldl
Llnd.. V E Roden	I
My commlHlon HH lOHH

- -

OR Produced Identification 		_ Type of Identification 	_

...	Exp\re• 11121202&

ACCEPTANCE BY GRANTEE

By execution of this Special Warranty Deed, Grantee does hereby accept this conveyance, subject to the foregoing covenants, conditions, and restrictions, and agrees that it and the Property are subject to all matters hereinabove set forth. Grantee further agrees to comply with all terms, covenants, conditions, and restrictions provided in this Special Warranty Deed.
Dated this  IO yof April 2024.

Signed, sealed and delivered in the presence of:
Witnesses:

lfimA5m;pwt'W\/

HAMMOCK RESERVE COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special-purpose government established under Chapter 190 of the Florida Statutes

1e

H'1<ey eai®	By:	 'i:t!tK  -=>
Chairperson, Board of Supervisors

STATE OF FLORIDA COUNTY OF POLK

The foregoing ins!!}J_ ent was acknowledged before me by means of Jgf physical presence or online notarization this J_U_1.._ day of April 2024, by Eric Lavoie, as Chairperson of the Board of
Supervisors of the Hammock Reserve Community Development District.

 :r : au;;-)(' 1 YY\MC

[notary seal]

OR Produced Identification 	_ Type of Identification 		

I.A.

.-_
Notary Public State of Florida
t.lndHY E Roden
My Comml11lon HH 303599
Expires 8122/2028	I

EXHIBIT A

COMMENCE AT THE SOUTHWEST CORNER OF SECTION 19, TOWNSHIP 27 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA AND RUN N00°02'13"W, ALONG THE WEST BOUNDARY OF SAID SECTION 19, 280.73 FEET TO A POINT BEING ON THE NORTHERLY RIGHT OF WAY BOUNDARY OF THE CSX RAILROAD RIGHT OF WAY; THENCE CONTINUE N00°02'13"W ALONG SAID WEST BOUNDARY, 81.63 FEET; THENCE S6S019'34"E, 55.04 FEET TO THE POINT OF BEGINNING: THENCE CONTINUE S-65°19'34"-E, 460.35 FEET; THENCE S65°43'55"E, PARALLEL WITH, AND 30 FEET NORTHERLY OF SAID RAILROAD RIGHT OF WAY, 1831.08 FEET TO THE BEGINNING OF A CURVE CONCAVED NORTHWESTERLY, HAVING A RADIUS OF 75.00 FEET, A CENTRAL ANGLE OF 114°32'03", A CHORD BEARING OF N56°59'53"E, AND A CHORD DISTANCE OF 126.18 FEET; THENCE ALONG SAID CURVE, AN ARC DISTANCE OF 149.92 FEET TO THE END OF SAID CURVE; THENCE N00°16'19"W, 408.82 FEET; THENCE N63°52'00"W, 33.49 FEET; THENCE N00°16'21 "W,
60.00 FEET TO THE SOUTHERLY RIGHT OF WAY BOUNDARY OF JOHNSON AVENUE; THENCE S63°52'00"E, ALONG SAID RIGHT OF WAY BOUNDARY, 67.05 FEET; THENCE S00°16'19"E, ALONG THE WEST BOUNDARY OF LAKE HESTER ESTATES SUBDIVISION, AND THE SOUTHERLY PROJECTION OF THAT WEST BOUNDARY, 617.29 FEET TO ITS INTERSECTION WITH THE AFOREMENTIONED NORTHERLY RIGHT OF WAY OF THE CSX RAILROAD; THENCE N6S043'55"W ALONG SAID RIGHT OF WAY, 1994.50 FEET TO THE BEGINNING OF A CURVE CONCAVED SOUTHWESTERLY, HAVING A RADIUS OF 2869.35 FEET, A CENTRAL ANGLE OF 07°27'22", A CHORD BEARING OF N-69°27'39"W, AND A CHORD DISTANCE OF 373.14 FEET; THENCE ALONG SAID CURVE, AN ARC DISTANCE OF 373.40 FEET; THENCE N-11°46'21"-W, 60.29 FEET; THENCE N-79°57'17" -W, 45.00 FEET; THENCE N-00°02'13"-W, 22.02 FEET TO THE POINT OF BEGINNING.

Section X

Section C

Item will be provided under separate cover.

Section D

Section 1

Hammock Reserve Community Development District

Summary of Check Register

April 19, 2024 through July 18, 2024

Fund	Date	Check No.'s	Amount

General Fund		
	4/23/24	582-583	$	402.50	
	5/8/24	584-593	$	21,972.10	
	5/14/24	594-599	$	25,229.79	
	5/21/24	600	$	1,325.21	
	5/28/24	601	$	606.00	
	6/5/24	602-606	$	2,599.73	
	6/11/24	607-615	$	34,096.48	
	6/18/24	616-618	$	6,403.31	
	6/25/24	619-620	$	25,418.88	
	7/2/24	621-623	$	8,866.05	
	7/9/24	624	$	4,040.63	
	7/16/24	625-631	$	31,352.19	

Total Amount	$	162,312.87

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	1
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/23/24 00025	4/17/24 9127	202403 310-51300-31500	*	362.50
GENERAL COUNSEL MAR24
KILINSKI VAN WYK, PLLC	362.50 000582
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/23/24 00048	4/19/24 57853505 202404 330-57200-48100	*	40.00
PEST CONTROL APR24
MASSEY SERVICES	40.00 000583
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00057	5/02/24 BH050220 202405 310-51300-11000	*	200.00
SUPERVISOR FEE 05/02/24
BOBBIE HENLEY	200.00 000584
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00042	5/02/24 EC050220 202405 310-51300-11000	*	200.00
SUPERVISOR FEE 05/02/24
EMILY CASSIDY	200.00 000585
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00039	5/02/24 EL050220 202405 310-51300-11000	*	200.00
SUPERVISOR FEE 05/02/24
ERIC LAVOIE	200.00 000586
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00006	3/29/24 203	202403 320-53800-48000	*	843.15
GENERAL MAINTENANCE MAR24
GOVERNMENTAL MANAGEMENT SERVICES	843.15 000587
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00015	4/01/24 25454	202404 310-51300-32200	*	3,000.00
AUDIT FYE 09/30/23
5/07/24 25692	202405 310-51300-32200	*	6,100.00
AUDIT FYE 09/30/23
GRAU AND ASSOCIATES	9,100.00 000588
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00037	5/07/24 05072024 202405 300-15500-10000	*	3,733.19
PLAYGROUND LEASE JUN24
5/07/24 05072024 202405 300-15500-10000	*	3,442.08
PLAYGROUND LEASE JUN24
HNB PROPERTY, LLC	7,175.27 000589
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00043	5/02/24 JP050220 202405 310-51300-11000	*	200.00
SUPERVISOR FEE 05/02/24
JESSICA PETRUCCI	200.00 000590
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00055	5/02/24 LR050220 202405 310-51300-11000	*	200.00
SUPERVISOR FEE 05/02/24
LINDSEY RODEN	200.00 000591
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/08/24 00049	4/30/24 11717899 202404 330-57200-34500	*	2,362.88
SECURITY SVCS APR24
SECURITAS SECURITY SERVICES USA INC	2,362.88 000592
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	2
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/08/24 00019	5/07/24 05072024 202405 300-15500-10000	*	1,490.80
PLAYGROUND LEASE JUN24
WHFS,LLC	1,490.80 000593
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00030	5/08/24 7336-05- 202405 310-51300-31300	*	450.00
SPEC ASSESS BOND S2022 A3
AMTEC	450.00 000594
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00056	4/30/24 17645	202404 320-53800-47000	*	600.00
POND HERBICIDE APR24
AQUATIC WEED MANAGEMENT, INC	600.00 000595
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00044	4/30/24 12207	202404 330-57200-48200	*	835.00
CLEANING SVCS APR24
CSS OF CENTRAL FLORIDA	835.00 000596
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00006	5/01/24 201	202405 310-51300-34000	*	3,343.67
MANAGEMENT FEES MAY24
5/01/24 201	202405 310-51300-35200	*	100.00
WEBSITE ADMIN MAY24
5/01/24 201	202405 310-51300-35100	*	150.00

	5/01/24	
	5/01/24	
	5/01/24	
	5/01/24	
	5/01/24	
	5/01/24	

INFORMATION TECH MAY24
201	202405 310-51300-31400	*	625.00
DISSEMINATION SVCS MAY24
201	202405 330-57200-48300	*	562.50
AMENITY ACCESS MAY24
201	202405 310-51300-51000	*	6.86
OFFICE SUPPLIES MAY24
201	202405 310-51300-42000	*	148.04
POSTAGE MAY24
201	202405 310-51300-42500	*	1.80
COPIES MAY24
202	202405 320-53800-34000	*	1,325.00
FIELD MANAGEMENT MAY24
GOVERNMENTAL MANAGEMENT SERVICES	6,262.87 000597
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00041	5/01/24 22810	202405 330-57200-48500	*	1,880.00
POOL MAINTENANCE MAY24
MCDONNELL CORPORATION DBA RESORT	1,880.00 000598
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/24 00027	5/01/24 12480	202405 320-53800-46200	*	15,201.92
LANDSCAPE MAINT MAY24
PRINCE & SONS, INC.	15,201.92 000599
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/24 00025	5/19/24 9416	202404 310-51300-31500	*	1,325.21
GENERAL COUNSEL APR24
KILINSKI VAN WYK, PLLC	1,325.21 000600
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	3
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/28/24 00001	5/21/24 22662	202405 320-53800-45000	*	606.00
GEN LIAB-PROP VAL CHANGED
EGIS INSURANCE & RISK ADVISORS	606.00 000601
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/05/24 00056	5/31/24 17839	202405 320-53800-47000	*	200.00
POND HERBICIDE PH3 MAY24
AQUATIC WEED MANAGEMENT, INC	200.00 000602
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/05/24 00044	5/27/24 12417	202405 330-57200-48200	*	835.00
CLEANING SVCS MAY24
CSS OF CENTRAL FLORIDA	835.00 000603
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/05/24 00006	4/30/24 208	202404 320-53800-48000	*	245.00
GENERAL MAINTENANCE APR24
4/30/24 208	202404 330-57200-48000	*	859.73
AMENITY REPAIRS APR24
GOVERNMENTAL MANAGEMENT SERVICES	1,104.73 000604
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/05/24 00048	5/16/24 59247013 202405 330-57200-48100	*	40.00
PEST CONTROL MAY24
MASSEY SERVICES	40.00 000605
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/05/24 00041	5/22/24 22938	202405 330-57200-48000	*	420.00
2X NEW LIFE RINGS/ROPES
MCDONNELL CORPORATION DBA RESORT	420.00 000606
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00030	6/06/24 6963-06- 202406 310-51300-31300	*	450.00
SPEC ASSESS BOND S2021 A2
AMTEC	450.00 000607
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00037	6/11/24 06112024 202406 300-15500-10000	*	3,733.18
PLAYGROUND LEASE JUL24
6/11/24 06112024 202406 300-15500-10000	*	3,442.08
PLAYGROUND LEASE JUL24
HNB PROPERTY, LLC	7,175.26 000608
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00041	6/04/24 23208	202406 330-57200-48000	*	700.00
NEW STENNER PUMP 85
6/10/24 23238	202406 330-57200-48000	*	195.00
1 NEW GAS SPRING
MCDONNELL CORPORATION DBA RESORT	895.00 000609
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00049	5/31/24 11755946 202405 330-57200-34500	*	2,362.88
SECURITY SVCS MAY24
SECURITAS SECURITY SERVICES USA INC	2,362.88 000610
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMR HAMMOCK RESERV ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	4
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/11/24 00033	5/24/24 7335137	202405 310-51300-32300	*	1,683.60
TRUSTEE FEES S2022 FY24
5/24/24 7335137	202405 300-15500-10000	*	2,357.03
TRUSTEE FEES S2022 FY25
US BANK	4,040.63 000611
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00019	6/11/24 06112024 202406 300-15500-10000	*	1,490.79
PLAYGROUND LEASE JUL24
WHFS,LLC	1,490.79 000612
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00056	5/30/24 17817	202405 320-53800-47000	*	600.00
POND HERBICIDE MAY24
AQUATIC WEED MANAGEMENT, INC	600.00 000613
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00041	6/01/24 23001	202406 330-57200-48500	*	1,880.00
POOL MAINTENANCE JUN24
MCDONNELL CORPORATION DBA RESORT	1,880.00 000614
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/11/24 00027	6/01/24 12847	202406 320-53800-46200	*	15,201.92
LANDSCAPE MAINT JUN24
PRINCE & SONS, INC.	15,201.92 000615
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/24 00038	6/07/24 22409763 202404 310-51300-31100	*	55.00
GENERAL ENGINEERING APR24
DEWBERRY ENGINEERS INC	55.00 000616

6/18/24 00006	6/01/24	
	6/01/24	
	6/01/24	
	6/01/24	
	6/01/24	
	6/01/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
210	202406 310-51300-34000	*	3,343.67
MANAGEMENT FEES JUN24
210	202406 310-51300-35200	*	100.00
WEBSITE ADMIN JUN24
210	202406 310-51300-35100	*	150.00
INFORMATION TECH JUN24
210	202406 310-51300-31400	*	625.00
DISSEMINATION SVCS JUN24
210	202406 330-57200-48300	*	562.50
AMENITY ACCESS JUN24
210	202406 310-51300-51000	*	4.30
OFFICE SUPPLIES JUN24
6/01/24 210	202406 310-51300-42000	*	167.22
POSTAGE JUN24
6/01/24 211	202406 320-53800-34000	*	1,325.00
FIELD MANAGEMENT JUN24
6/01/24 211	202406 310-51300-42500	*	30.62
STAPLES-PRINT SEP COVERS
GOVERNMENTAL MANAGEMENT SERVICES	6,308.31 000617
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMR HAMMOCK RESERV ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	5
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/18/24 00048	6/15/24 59793219 202406 330-57200-48100	*	40.00
PEST CONTROL JUN24
MASSEY SERVICES	40.00 000618
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/24 00031	6/21/24 06212024 202406 300-20700-10000	*	5,156.63
FY24 S2020 DEBT SVC ASSES
6/21/24 06212024 202406 300-20700-10000	*	4,634.28
FY24 S2021 DEBT SVC ASSES
6/21/24 06212024 202406 300-20700-10000	*	14,253.23
FY24 S2022 DEBT SVC ASSES
HAMMOCK RESERVE CDD C/O USBANK	24,044.14 000619
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/24 00025	6/23/24 9580	202405 310-51300-31500	*	1,374.74
GENERAL COUNSEL MAY24
KILINSKI VAN WYK, PLLC	1,374.74 000620
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/02/24 00038	6/28/24 22412703 202405 310-51300-31100	*	200.00
GENERAL ENGINEERING MAY24
DEWBERRY ENGINEERS INC	200.00 000621
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/02/24 00037	7/02/24 07022024 202407 300-15500-10000	*	3,733.18
PLAYGROUND LEASE AUG24
7/02/24 07022024 202407 300-15500-10000	*	3,442.08
PLAYGROUND LEASE AUG24
HNB PROPERTY, LLC	7,175.26 000622
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/02/24 00019	7/02/24 07022024 202407 300-15500-10000	*	1,490.79
PLAYGROUND LEASE AUG24
WHFS,LLC	1,490.79 000623
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/09/24 00033	6/25/24 7374908	202406 310-51300-32300	*	1,346.88
TRUSTEE FEES FY24 S2021
6/25/24 7374908	202406 300-15500-10000	*	2,693.75
TRUSTEE FEES FY25 S2021
US BANK	4,040.63 000624
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00056	6/28/24 17970	202406 320-53800-47000	*	800.00
POND HERBICIDE JUN24
AQUATIC WEED MANAGEMENT, INC	800.00 000625
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00058	6/07/24 38417	202406 330-57200-49000	*	785.00
BACKFLOW REPAIRS JUN24
AARON'S BACKFLOW SERVICES, INC.	785.00 000626
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00044	6/30/24 12628	202406 330-57200-48200	*	825.00
CLEANING SVCS JUN24
CSS OF CENTRAL FLORIDA	825.00 000627
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMR HAMMOCK RESERV ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/25/24	PAGE	6
*** CHECK DATES 04/19/2024 - 07/18/2024 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/16/24 00006	5/31/24 219	202405 330-57200-48000	*	834.10

	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	
	7/01/24	

AMENITY REPAIRS MAY24
217	202407 310-51300-34000	*	3,343.67
MANAGEMENT FEES JUL24
217	202407 310-51300-35200	*	100.00
WEBSITE ADMIN JUL24
217	202407 310-51300-35100	*	150.00
INFORMATION TECH JUL24
217	202407 310-51300-31400	*	625.00
DISSEMINATION SVCS JUL24
217	202407 330-57200-48300	*	562.50
AMENITY ACCESS JUL24
217	202407 310-51300-51000	*	1.17
OFFICE SUPPLIES JUL24
217	202407 310-51300-42000	*	175.43
POSTAGE JUL24
218	202407 320-53800-34000	*	1,325.00
FIELD MANAGEMENT JUL24
GOVERNMENTAL MANAGEMENT SERVICES	7,116.87 000628
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00041	7/01/24 23378	202407 330-57200-48500	*	1,880.00
POOL MAINTENANCE JUL24
MCDONNELL CORPORATION DBA RESORT	1,880.00 000629
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00027	6/27/24 13082	202406 320-53800-46300	*	1,925.00
ADD PINE BARK MULCH
7/01/24 13216	202407 320-53800-46200	*	15,201.92
LANDSCAPE MAINT JUL24
PRINCE & SONS, INC.	17,126.92 000630
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/16/24 00049	6/30/24 11791179 202406 330-57200-34500	*	2,818.40
SECURITY SVCS JUN24
SECURITAS SECURITY SERVICES USA INC	2,818.40 000631
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	162,312.87
TOTAL FOR REGISTER	162,312.87

HAMR HAMMOCK RESERV ZYAN

Section 2

Hammock Reserve
Community Development District

Unaudited Financial Reporting
June 30, 2024

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020	

5	
	Debt Service Fund Series 2021	

6	
	Debt Service Fund Series 2022	

7	
	Capital Projects Fund Series 2020	

8	
	Capital Projects Fund Series 2021	

9	
	Capital Projects Fund Series 2022	

10	
	Capital Reserve Fund	

11-12	
	Month to Month	

13	
	Long Term Debt Report	

14	
	Assessment Receipt Schedule	

Combined Balance Sheet June 30, 2024

	General Fund	Debt Service Fund	Capital Projects Fund	Totals Governmental Funds	
Assets:
Cash:
Operating Account	

$	361,538	$	

-	$	

-	

$	361,538	
Capital Projects Account
Investments:	$	-	$	-	$	125,480	$	125,480	
Series 2020 Reserve	
$	
-	$	154,000	$	-	
$	154,000	
Revenue	$	-	$	123,348	$	-	$	123,348	
Construction Series 2021
Reserve	$

$	-	$	-	$	11,953

-	$	138,261	$	-	$	11,953

$	138,261	
Revenue	$	-	$	116,331	$	-	$	116,331	
Interest	$	-	$	0	$	-	$	0	
Prepayment	$	-	$	103	$	-	$	103	
Construction	$	-	$	-	$	0	$	0	
Cost of Issuance Series 2022
Reserve	$

$	-	$	-	$	1

-	$	796,115	$	-	$	1

$	796,115	
Revenue	$	-	$	440,540	$	-	$	440,540	
Prepayment	$	-	$	3,213	$	-	$	3,213	
Construction	$	-	$	-	$	7	$	7	
Due from Developer	$	-	$	-	$	6,000	$	6,000	
Due from General Fund	$	-	$	4,359	$	-	$	4,359	
Prepaid Expenses	$	14,727	$	-	$	-	$	14,727	
Total Assets	$	376,265	$	1,776,269	$	143,441	$	2,295,975	
Liabilities:				
Accounts Payable	$	13,041	$	-	$	-	$	13,041	
Due to Debt Service	$	4,359	$	-	$	-	$	4,359	
Total Liabilites	$	17,400	$	-	$	-	$	17,400	
Fund Balance:
Nonspendable:
Prepaid Items	$	14,727		

$	

-	$	14,727	
Restricted for:
Debt Service - Series 2020	
$	
-	$	278,283	$	-	
$	278,283	
Debt Service - Series 2021	$	-	$	255,535	$	-	$	255,535	
Debt Service - Series 2022	$	-	$	1,242,452	$	-	$	1,242,452	
Capital Projects - Series 2020	$	-	$	-	$	137,433	$	137,433	
Capital Projects - Series 2021	$	-	$	-	$	1	$	1	
Capital Projects - Series 2022	$	-	$	-	$	6,007	$	6,007	

Unassigned	
$	344,138	
$	-	
$	-	
$	344,138	
Total Fund Balances	$	358,865	$	1,776,269	$	143,441	$	2,278,575	
					
Total Liabilities & Fund Balance	$	376,265	$	1,776,269	$	143,441	$	2,295,975	

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:		
Assessments - Tax Roll	$	837,930	$	837,930	$	847,815	$	9,885	
Assessments - Direct Bill	$	4,171	$	4,171	$	4,171	$	-	
Assessments - Lot Closings	$	-	$	-	$	13,225	$	13,225	
Other Income	$	-	$	-	$	30	$	30	
Total Revenues	$	842,101	$	842,101	$	865,241	$	23,140	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	9,000	$	3,600	$	5,400	
Engineering	$	15,000	$	11,250	$	1,403	$	9,848	
Attorney	$	30,000	$	22,500	$	11,531	$	10,969	
Annual Audit	$	9,200	$	9,100	$	9,100	$	-	
Assessment Administration	$	5,300	$	5,300	$	5,300	$	-	
Arbitrage	$	1,350	$	1,350	$	1,350	$	-	
Dissemination	$	7,500	$	5,625	$	7,125	$	(1,500)	
Trustee Fees	$	12,123	$	11,112	$	11,112	$	-	
Management Fees	$	40,124	$	30,093	$	30,093	$	-	
Information Technology	$	1,800	$	1,350	$	1,350	$	-	
Website Maintenance	$	1,200	$	900	$	900	$	-	
Postage & Delivery	$	1,000	$	750	$	1,082	$	(332)	
Insurance	$	6,119	$	6,119	$	5,758	$	361	
Copies	$	500	$	375	$	103	$	272	
Legal Advertising	$	7,500	$	5,625	$	-	$	5,625	
Other Current Charges	$	1,551	$	1,163	$	372	$	791	
Office Supplies	$	625	$	469	$	27	$	442	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	153,067	$	122,256	$	90,380	$	31,875	

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Operations & Maintenance		
Field Expenditures
Property Insurance	
$	18,000	
$	18,000	
$	20,892	
$	(2,892)	
Field Management	$	15,900	$	11,925	$	11,925	$	-	
Landscape Maintenance	$	190,000	$	142,500	$	141,518	$	982	
Landscape Replacement	$	25,000	$	18,750	$	6,876	$	11,874	
Pond Maintenance	$	10,000	$	7,500	$	6,700	$	800	
Streetlights	$	30,360	$	22,770	$	22,955	$	(185)	
Electric	$	8,000	$	6,000	$	8,176	$	(2,176)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,875	$	-	$	1,875	
Irrigation Repairs	$	8,000	$	6,000	$	1,715	$	4,285	
General Repairs & Maintenance	$	15,000	$	11,250	$	4,996	$	6,254	
Contingency	$	10,000	$	7,500	$	-	$	7,500	
Subtotal Field Expenditures	$	332,760	$	254,070	$	225,753	$	28,317	

Amenity Expenditures
Amenity - Electric	

$	12,804	

$	9,603	

$	8,126	

$	1,477	
Amenity - Water	$	10,000	$	7,500	$	4,527	$	2,973	
Playground Lease	$	103,993	$	77,995	$	77,995	$	0	
Internet	$	1,500	$	1,125	$	800	$	325	
Pest Control	$	528	$	396	$	360	$	36	
Janitorial Services	$	17,100	$	12,825	$	7,645	$	5,180	
Security Services	$	36,000	$	27,000	$	23,574	$	3,426	
Pool Maintenance	$	22,600	$	16,950	$	17,275	$	(325)	
Amenity Access Management	$	6,750	$	5,063	$	5,063	$	-	
Amenity Repairs & Maintenance	$	10,000	$	7,500	$	4,208	$	3,292	
Contingency	$	10,000	$	7,500	$	785	$	6,715	
Pool Permit (Licenses)	$	-	$	-	$	280	$	(280)	
Subtotal Amenity Expenditures	$	231,275	$	173,456	$	150,638	$	22,818	
					
Total Operations & Maintenance	$	564,035	$	427,526	$	376,392	$	51,134	
					
Total Expenditures	$	717,101	$	549,782	$	466,772	$	83,010	
					
Excess (Deficiency) of Revenues over Expenditures	$	125,000		$	398,469		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(125,000)	$	(125,000)	$	(125,000)	$	-	
Total Other Financing Sources/(Uses)	$	(125,000)	$	(125,000)	$	(125,000)		
					
Net Change in Fund Balance	$	-		$	273,469		
					
Fund Balance - Beginning	$	-		$	85,396		
					
Fund Balance - Ending	$	-		$	358,865		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:					
Assessments - Tax Roll	$	308,327	$	308,327	$	311,658	$	3,331	
Interest	$	-	$	-	$	10,141	$	10,141	
Total Revenues	$	308,327	$	308,327	$	321,799	$	13,472	

Expenditures:					
Interest - 11/1	$	99,700	$	99,700	$	99,700	$	-	
Principal - 5/1	$	110,000	$	110,000	$	110,000	$	-	
Interest - 5/1	$	99,700	$	99,700	$	99,700	$	-	
Total Expenditures	$	309,400	$	309,400	$	309,400	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(1,073)		$	12,399		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(5,703)	$	(5,703)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(5,703)	$	(5,703)	
					
Net Change in Fund Balance	$	(1,073)		$	6,696		
					
Fund Balance - Beginning	$	115,531		$	271,587		
					
Fund Balance - Ending	$	114,458		$	278,283		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:					
Assessments - Tax Roll	$	276,824	$	276,824	$	280,089	$	3,265	
Interest	$	-	$	-	$	9,203	$	9,203	
Total Revenues	$	276,824	$	276,824	$	289,293	$	12,469	

Expenditures:					
Interest - 11/1	$	84,634	$	84,634	$	84,634	$	-	
Principal - 5/1	$	105,000	$	105,000	$	105,000	$	-	
Interest - 5/1	$	84,634	$	84,634	$	84,634	$	-	
Total Expenditures	$	274,269	$	274,269	$	274,269	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,555		$	15,024		
					
Net Change in Fund Balance	$	2,555		$	15,024		
					
Fund Balance - Beginning	$	98,769		$	240,511		
					
Fund Balance - Ending	$	101,324		$	255,535		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues:					
Assessments - Tax Roll	$	904,500	$	904,500	$	861,442	$	(43,058)	
Assessments - Prepayment	$	-	$	-	$	384,907	$	384,907	
Assessments - Lot Closings	$	-	$	-	$	21,774	$	21,774	
Interest	$	-	$	-	$	55,958	$	55,958	
Total Revenues	$	904,500	$	904,500	$	1,324,081	$	419,581	

Expenditures:					
Interest - 11/1	$	335,050	$	335,050	$	329,886	$	5,164	
Special Call - 11/1	$	-	$	-	$	845,000	$	(845,000)	
Special Call - 2/1	$	-	$	-	$	410,000	$	(410,000)	
Principal - 5/1	$	235,000	$	215,000	$	215,000	$	-	
Interest - 5/1	$	335,050	$	335,050	$	305,040	$	30,010	
Total Expenditures	$	905,100	$	885,100	$	2,104,926	$	(1,219,826)	
					
Excess (Deficiency) of Revenues over Expenditures	$	(600)		$	(780,845)		
					
Net Change in Fund Balance	$	(600)		$	(780,845)		
					
Fund Balance - Beginning	$	774,474		$	2,023,297		
					
Fund Balance - Ending	$	773,874		$	1,242,452		

Revenues

Interest	

$	

-	$	

-	$	317	

$	317	
Total Revenues	$	-	$	-	$	317	$	317	

Expenditures:

Contingency	

$	

-	$	

-	$	403	

$	(403)	
Total Expenditures	$	-	$	-	$	403	$	(403)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(87)		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	

-	$	

-	$	130,703	

$	130,703	
Total Other Financing Sources (Uses)	$	-	$	-	$	130,703	$	130,703	
					
Net Change in Fund Balance	$	-	$	130,617		
					
Fund Balance - Beginning	$	-	$	6,816		
					
Fund Balance - Ending	$	-	$	137,433		

Revenues

Developer Contributions	

$	

-	$	

-	$	555	

$	555	
Total Revenues	$	-	$	-	$	555	$	555	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	555	

$	(555)	
Total Expenditures	$	-	$	-	$	555	$	(555)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-		
					
Net Change in Fund Balance	$	-	$	-		
					
Fund Balance - Beginning	$	-	$	1		
					
Fund Balance - Ending	$	-	$	1		

Revenues					
Developer Contributions	$	-	$	-	$	255,693	$	255,693	
Interest	$	-	$	-	$	730	$	730	
Total Revenues	$	-	$	-	$	256,423	$	256,423	

Expenditures:					
Capital Outlay - Phase 3	$	-	$	-	$	247,637	$	(247,637)	
Capital Outlay - Phase 4	$	-	$	-	$	23,084	$	(23,084)	
Total Expenditures	$	-	$	-	$	270,721	$	(270,721)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(14,298)		
					
Net Change in Fund Balance	$	-	$	(14,298)		
					
Fund Balance - Beginning	$	-	$	20,305		
					
Fund Balance - Ending	$	-	$	6,007		

Hammock Reserve
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/24	Thru 06/30/24	Variance	

Revenues

Interest	

$	-	

$	

-	$	

-	$	

-	
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:

Capital Outlay	

$	-	

$	

-	$	

-	$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	-		$	-		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	125,000	

$	

-	$	

-	$	

-	
Total Other Financing Sources (Uses)	$	125,000	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	125,000		$	-		
						
Fund Balance - Beginning	$	-		$	-		
						
Fund Balance - Ending	$	125,000		$	-		

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll	$	-	$	18,691	$	526,802	$	93,149	$	63,626	$	86,902	$	42,074	$	10,574	$	5,997	$	-	$	-	$	-	$	847,815	
Assessments - Lot Closings	$	-	$	-	$	-	$	-	$	-	$	13,225	$	-	$	-	$	-	$	-	$	-	$	-	$	13,225	
Total Revenues	$	-	$	18,691	$	526,802	$	93,149	$	63,626	$	100,128	$	42,074	$	14,745	$	6,027	$	-	$	-	$	-	$	865,241	

Expenditures:											
General & Administrative:											
Supervisor Fees	$	3,600	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	3,600	
Engineering	$	255	$	365	$	383	$	528	$	(383)	$	-	$	55	$	200	$	-	$	-  $	-  $	-  $	1,403	
Attorney	$	1,039	$	2,208	$	850	$	3,211	$	348	$	363	$	1,325	$	1,375	$	813	$	-  $	-  $	-  $	11,531	
Annual Audit	$	9,100	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	9,100	
Assessment Administration	$	5,300	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	5,300	
Arbitrage	$	-	$	450	$	-	$	-	$	-	$	-	$	-	$	450	$	450	$	-  $	-  $	-  $	1,350	
Dissemination	$	1,125	$	625	$	625	$	1,125	$	625	$	625	$	1,125	$	625	$	625	$	-  $	-  $	-  $	7,125	
Trustee Fees	$	5,051	$	3,030	$	-	$	-	$	-	$	-	$	-	$	1,684	$	1,347	$	-  $	-  $	-  $	11,112	
Management Fees	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	-  $	-  $	-  $	30,093	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	-  $	1,350	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	-  $	900	
Postage & Delivery	$	86	$	98	$	42	$	422	$	-	$	24	$	96	$	148	$	167	$	-  $	-  $	-  $	1,082	
Insurance	$	5,758	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	5,758	
Copies	$	-	$	3	$	-	$	-	$	68	$	-	$	-	$	2	$	31	$	-  $	-  $	-  $	103	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-	
Other Current Charges	$	40	$	39	$	39	$	39	$	42	$	41	$	41	$	42	$	50	$	-  $	-  $	-  $	372	
Boundary Amendment Expenses	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-	
Office Supplies	$	4	$	4	$	1	$	1	$	4	$	1	$	2	$	7	$	4	$	-  $	-  $	-  $	27	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	175	
Total General & Administrative	$	35,126	$	10,415	$	5,533	$	8,919	$	4,298	$	4,647	$	6,237	$	8,125	$	7,080	$	-  $	-  $	-  $	90,380	

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Pond Maintenance Streetlights
Electric
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Repairs & Maintenance Contingency

$	20,286  $
$	1,325  $
$	19,903  $
$	4,951  $
$	-  $
$	1,772  $
$	1,130  $
$	-  $
$	328  $
$	-  $
$	-  $

-  $
1,325  $
15,202  $
-  $
600  $
1,772  $
1,200  $
-  $
659  $
790  $
-  $

-  $
1,325  $
15,202  $
-  $
600  $
1,888  $
917  $
-  $
316  $
790  $
-  $

-  $
1,325  $
15,202  $
-  $
600  $
3,201  $
905  $
-  $
279  $
784  $
-  $

-  $
1,325  $
15,202  $
-  $
2,100  $
2,809  $
860  $
-  $
-  $
1,544  $
-  $

-  $
1,325  $
15,202  $
-  $
600  $
2,809  $
855  $
-  $
134  $
843  $
-  $

-  $
1,325  $
15,202  $
-  $
600  $
2,809  $
808  $
-  $
-  $
245  $
-  $

606  $
1,325  $
15,202  $
-  $
800  $
2,947  $
737  $
-  $
-  $
-  $
-  $

-  $
1,325  $
15,202  $
1,925  $
800  $
2,947  $
762  $
-  $
-  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	20,892
-  $	11,925
-  $	141,518
-  $	6,876
-  $	6,700
-  $	22,955
-  $	8,176
-  $	-
-  $	1,715
-  $	4,996
-  $	-

Subtotal Field Expenditures	$	49,695  $	21,548  $	21,037  $	22,296  $	23,840  $	21,768  $	20,989  $	21,617  $	22,961  $	-  $	-  $	-  $	225,753

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease Internet
Pest Control Janitorial Services Security Services Pool Maintenance
Amenity Access Management Amenity Repairs & Maintenance Contingency
Pool Permit

$	1,372  $
$	505  $
$	8,666  $
$	88  $
$	40  $
$	925  $
$	2,591  $
$	1,880  $
$	563  $
$	-  $
$	-  $
$	-  $

1,212  $
525  $
8,666  $
88  $
40  $
825  $
2,363  $
1,880  $
563  $
982  $
-  $
-  $

1,244  $
498  $
8,666  $
88  $
40  $
845  $
2,818  $
1,880  $
563  $
-  $
-  $
-  $

1,022  $
478  $
8,666  $
88  $
40  $
855  $
3,077  $
2,235  $
563  $
217  $
-  $
-  $

881  $
448  $
8,666  $
88  $
40  $
855  $
2,363  $
1,880  $
563  $
-  $
-  $
-  $

1,259  $
468  $
8,666  $
90  $
40  $
845  $
2,818  $
1,880  $
563  $
-  $
-  $
-  $

1,137  $
458  $
8,666  $
90  $
40  $
835  $
2,363  $
1,880  $
563  $
860  $
-  $
-  $

-  $
548  $
8,666  $
90  $
40  $
835  $
2,363  $
1,880  $
563  $
1,254  $
-  $
280  $

-  $
598  $
8,666  $
90  $
40  $
825  $
2,818  $
1,880  $
563  $
895  $
785  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	8,126
-  $	4,527
-  $	77,995
-  $	800
-  $	360
-  $	7,645
-  $	23,574
-  $	17,275
-  $	5,063
-  $	4,208
-  $	785
-  $	280

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

-  $

-  $

-  $

-  $

-  $	(125,000)  $

-  $

-  $

-  $

-  $

-  $	(125,000)

Net Change in Fund Balance	$	(101,449)  $	(30,416)  $	483,590  $	44,693  $	19,704  $	57,083  $	(127,043)  $	(31,517)  $	(41,175)  $	-  $	-  $	-  $	273,469

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	(125,000)  $	-  $	-  $	-  $	-  $	-  $	(125,000)

Excess (Deficiency) of Revenues over Expenditures	$	(101,449)  $	(30,416)  $	483,590  $	44,693  $	19,704  $	57,083  $	(2,043)  $	(31,517)  $	(41,175)  $	-  $	-  $	-  $	398,469

Total Expenditures	$	101,449  $	49,107  $	43,212  $	48,456  $	43,922  $	43,045  $	44,117  $	46,262  $	47,202  $	-  $	-  $	-  $	466,772

Total Operations & Maintenance	$	66,324  $	38,691  $	37,680  $	39,537  $	39,624  $	38,397  $	37,880  $	38,136  $	40,122  $	-  $	-  $	-  $	376,392

Subtotal Amenity Expenditures	$	16,629  $	17,143  $	16,642  $	17,241  $	15,784  $	16,629  $	16,891  $	16,519  $	17,160  $	-  $	-  $	-  $	150,638

Hammock Reserve
Community Development District Long Term Debt Report

Series 2020, Special Assessment Revennue Bonds	
Interest Rate:	2.625%, 3.250%, 4.000%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$154,000	
Reserve Fund Balance	$154,000	
Bonds Outstanding - 10/22/20	$5,380,000	
Principal - 5/1/22	($100,000)	
Principal - 5/1/23	($105,000)	
Principal - 5/1/24	($110,000)	
Current Bonds Outstanding	$5,065,000	

Series 2021, Special Assessment Revenue Bonds	
Interest Rate:	2.375%, 3.000%, 3.375%, 4.000%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50 % Maximum Annual Debt Service	
Reserve Fund Requirement	$138,261	
Reserve Fund Balance	$138,261	
Bonds Outstanding - 5/18/21	$4,990,000	
Principal - 5/1/22	($100,000)	
Special Call - 5/1/22	($20,000)	
Special Call - 11/1/22	($5,000)	
Principal - 5/1/23	($105,000)	
Principal - 5/1/24	($105,000)	
Current Bonds Outstanding	$4,655,000	

Series 2022, Special Assessment Revenue Bonds	
Interest Rate:	4.200%, 4.400%, 4.700%, 5.000%	
Maturity Date:	5/1/2052	
Reserve Fund Definition	Maximum Annual Debt Service	
Reserve Fund Requirement	$796,115	
Reserve Fund Balance	$796,115	
Bonds Outstanding - 4/22/22	$14,235,000	
Principal - 5/1/23	($225,000)	
Special Call - 8/1/23	($420,000)	
Special Call - 11/1/23	($425,000)	
Special Call - 2/1/24	($410,000)	
Principal - 5/1/24	($215,000)	
Current Bonds Outstanding	$12,540,000	

Hammock Reserve
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

Gross Assessments	$ 901,000.22	$  331,209.00	$  297,660.00	$  915,482.46	$ 2,445,351.68	
Net Assessments	$ 837,930.20	$  308,024.37	$  276,823.80	$  851,398.69	$ 2,274,177.06	
	37%	14%	12%	37%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2020 Debt Service	2021 Debt Service	2022 Debt Service	Total	

11/10/23	
10/13-10/14/23	
$259.85	
($15.59)	
($4.89)	
$0.00	
$239.37	
$88.20	
$32.42	
$29.14	
$89.61	
$239.37	
11/14/23	10/1-10/31/23	$4,666.58	($186.67)	($89.60)	$0.00	$4,390.31	$1,617.63	$594.64	$534.41	$1,643.63	$4,390.31	
11/17/23	10/1-11/5/23	$4,666.58	($186.67)	($89.60)	$0.00	$4,390.31	$1,617.63	$594.64	$534.41	$1,643.63	$4,390.31	
11/24/23	11/6-11/12/23	$44,332.07	($1,773.42)	($851.17)	$0.00	$41,707.48	$15,367.30	$5,649.04	$5,076.84	$15,614.30	$41,707.48	
12/8/23	11/13-11/22/23	$95,531.35	($3,821.41)	($1,834.20)	$0.00	$89,875.74	$33,115.10	$12,173.16	$10,940.11	$33,647.37	$89,875.74	
12/21/23	11/23-11/30/23	$1,203,429.66	($48,092.66)	($23,106.74)	$0.00	$1,132,230.26	$417,175.05	$153,354.16	$137,820.53	$423,880.52	$1,132,230.26	
12/29/23	12/01-12/15/23	$220,528.79	($8,634.54)	($4,237.89)	$0.00	$207,656.36	$76,511.87	$28,125.88	$25,276.93	$77,741.68	$207,656.36	
1/1/24	1% Fee Adj	($24,453.51)	$0.00	$0.00	$0.00	($24,453.51)	($9,010.01)	($3,312.08)	($2,976.60)	($9,154.82)	($24,453.51)	
1/10/24	12/16-12/31/23	$286,815.40	($8,603.82)	($5,564.23)	$0.00	$272,647.35	$100,458.07	$36,928.55	$33,187.94	$102,072.79	$272,647.35	
1/16/24	Interest	$0.00	$0.00	$0.00	$4,616.00	$4,616.00	$1,700.78	$625.22	$561.88	$1,728.12	$4,616.00	
2/9/24	01/01-01/31/24	$181,296.51	($5,089.42)	($3,524.14)	$0.00	$172,682.95	$63,625.76	$23,388.93	$21,019.80	$64,648.46	$172,682.95	
3/13/24	02/01-02/29/24	$243,183.44	($2,513.36)	($4,813.40)	$0.00	$235,856.68	$86,902.40	$31,945.45	$28,709.61	$88,299.22	$235,856.68	
4/10/24	03/01-03/31/24	$116,615.06	($93.34)	($2,330.43)	$0.00	$114,191.29	$42,074.27	$15,466.56	$13,899.91	$42,750.55	$114,191.29	
5/20/24	01/01-03/31/24	$0.00	$0.00	$0.00	$1,188.80	$1,188.80	$438.02	$161.02	$144.70	$445.06	$1,188.80	
5/31/24	04/01-04/30/24	$28,069.87	$0.00	($561.40)	$0.00	$27,508.47	$10,135.61	$3,725.87	$3,348.46	$10,298.53	$27,508.47	
6/20/24	05/01-05/31/24	$9,565.94	$0.00	($191.32)	$0.00	$9,374.62	$3,454.12	$1,269.74	$1,141.12	$3,509.64	$9,374.62	
6/28/24	06/03-06/03/24	$7,042.45	$0.00	($140.85)	$0.00	$6,901.60	$2,542.92	$934.78	$840.10	$2,583.80	$6,901.60	
	Total	$ 2,421,550.04	$	(79,010.90)	$  (47,339.86)	$	5,804.80	$	2,301,004.08	$ 847,814.72	$  311,657.98	$  280,089.29	$  861,442.09	$ 2,301,004.08	

101.18%
0

Net Percent Collected Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

Hammock Reserve Partners, LLC
2024-01		
Net Assessments	
$	4,171.18	
$	4,171.18	
Date Received	Due Date	Check Number	Net Assessed	Amount Received	General Fund	
5/15/24	11/1/23	1107	$	4,171.18	$	4,171.18	$	4,171.18	
			$	4,171.18	$	4,171.18	$	4,171.18