Amended Budget
Fiscal Year 2019

Rolling Hills Community Development District

December 11, 2018

Rolling Hills
Community Development District					
General Fund	

Description	
Adopted Budget FY2018	
Actual thru 6/30/18	
Projected Next
3 Months	
Total Projected Thru 9/30/18	
Amended Budget FY2019	

Revenues

Assessments - On Roll	$268,780         $270,559				$0	$270,559	$348,975 Assessments - Direct Platted	$241,651        $120,826	$120,826	$241,651	$269,409 Assessments - Direct Planned		$44,240	$33,180		$11,060		$44,240				$0 Swim & Tennis Revenue				$800			$0			$400				$400			$800 Facility Rental Fees			$3,500		$2,995			$600			$3,595		$3,500
Non-Resident Memberships	$3,960	$0	$1,980	$1,980	$1,980
Misc Income	$0	$98	$0	$0

$562,931

$427,658

$134,866

$562,426

$624,664

Total Revenues

Expenditures Administrative

Supervisor Fees	$6,000	$3,200	$400	$3,600	$6,000
FICA Expense	$459	$245	$276	$459
Engineering	$10,000	$1,188	$5,000	$6,188	$10,000

$875

Arbitrage	$1,200	$600	$0	$600	$1,200
Dissemination Agent	$3,500	$2,625	$3,500	$3,500
Assessment Roll	$5,000	$5,000	$0	$5,000	$5,000
Attorney	$22,500	$4,997	$1,666	$6,663	$22,500
Annual Audit	$5,000	$3,850	$0	$3,850	$5,000
Trustee	$8,081	$8,081	$0	$8,081	$8,081

$750

Management Fees	$39,140	$29,355	$6,523	$35,878	$40, 000

Computer Time	$1,000
Telephone	$150	$153

$250	$1,000	$1,000
$204	$150

Postage	$500	$144	$48	$192	$500
Printing & Binding	$1,250	$1,503	$501	$2,004	$1,250
Travel & Per Diem	$100	$92	$18	$110	$100
Insurance	$7,047	$6,406	$0	$6,406	$7,047
Legal Advertising	$1,000	$1,557	$0	$1,557	$1,000
Other Current Charges	$1,500	$1,171	$390	$1,561	$1,500

Dues, Licenses & Subscriptions		$175	$0	$175	$175	
Administrative Expenses	$113,702	$71,164	$15,777	$86,941	$114,562	

Office Supplies	$100	$72	$96	$100

Field
Operations Management	$19,055	$14,291	$4,764	$19,055	$19,627

$8,937

Utilities - Irrigation & Streetlights	$25,000	$22,111	$7,370	$29,481	$25,000
Repairs & Maintenance	$40,000	$26,812	$35,749	$40,000
Landscape	$64,800	$48,600	$16,200	$64,800	$73,000
Landscape - Contingency		$5,000		$4,789	$1,596		$6,385		$6,800 Fertilization, Weed & Pest Control		$7,850		$5,299	$1,766		$7,065		$7,850 Mulch	$13,500	$10,260	$3,420	$13,680	$13,500
Lake Maintenance	$4,800	$3,600	$1,200	$4,800	$4,800

$633

$633

Irrigation Repairs	$4,000	$614	$205	$819	$4,000

Miscellaneous

$171

$228

Field Expenses	 	$184,638	 $136,547	 	$45,516	 	$182,062 	$195,210

Rolling Hills
Community Development District

General Fund

 	

 Description	

Amenity Center Facility Management Pool Attendants Refuse Service Security
Utilities  Recreation Passes
Repairs & Maintenance
Janitorial
Pool Maintenance Special Events Operating Supplies Pool Chemicals Permit
Insurance

Adopted Budget
 	FY2018	

$50,460
$40,000
$5,500
$15,000
$48,000
$1,000
$30,000
$12,840
$13,650
$4,000
$6,000

$375

$11,000

Capital Reserve	$1,957		$0	$0		$0		$42,000	
Amenity Center	 	$264,591		     $170,374	 	$78,838		$249,212		$313,948	
Total Expenses	 	$562,931		     $378,085	 	$140,131		 	$518,216		 	$623,720	
ASSIGNED FUND BALANCE	 	$0		 	$49,573	 	-$5,265		 	$44,210		 	$944	

Platted Lots:		
FY 2018		
FY 2019	
			Assessments - Platted Lots On Roll		322		375	
			Ne tAssessment Rate		$834.72		$930.60	
			Total Net Assessments		$268,779.84		$348,975.00	
			Gross Assessment (6% Discount)		$285,936.00		$371,250.00	
			Gross Assessment - Per Unit		$888.00		$990.00	
			Assessments - Platted Lots Direct		53		0	
			NetAssessment Rate		$834.72		$930.60	
			Tota! Net Assessments		$44,240.16		$0.00	
			Gross Assessment (6% Discount)		$47,064.00		$0.00	
			Gross Assessment - Per Unit		$888.00		$990.00	
			
Planned Lots:
Assessments - Direct Billed		
386		
386	
			Ne tAssessment Rate per Unit (75%)		$626.04		$697.95	
			Total Net Assessments		$241,651.44		$269,408.70	
			Gross Assessment (6% Discount)		$251,317.50		$280,185.05	
			Gross Assessment - Per Unit		$651.08		$725.87	

$24,809

Actual thru
     6/30/18	

$37,845
$6,614
$6,730
$9,730
$27,394
$0
$24,034
$9,630
$10,313
$3,017
$5,210
$5,854
$375
$23,628

Projected Next
 	3 Months	

$12,615
$28,000
$2,243
$3,243
$9,131
$0
$8,011
$3,210
$3,413
$1,006
$1,737
$5,854
$375
$0

Total Projected Thru 9/30/18

$50,460
$34,614
$8,973
$12,973
$36,525
$0
$32,045
$12,840
$13,726
$4,023
$6,947
$11,708
$750
$23,628

Amended Budget
 	FY2019	

$51,974
$40,000
$8,300
$15,000
$45,000
$1,000
$40,000
$12,840
$13,650
$4,000
$6,000
$9,000
$375
$24,809

2

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

REVENUES:

Assessments - Platted Lots
The District will assess the platted lots within the District to fund a portion of the District's operating budget for the fiscal year.
Assessments - Planned Units

The District will assess the undeveloped property at rate of 75% of Platted logs based on reduced benefits of undeveloped land.
Swim & Tennis Revenue
Fees collected for swim lessons, guest fees, room rentals and programs.
Facility Rental Fees
The residents may rent the facilities for personal use.
Non-Resident Membership Fees

Non-Resident have the opportunity to purchase access to the Amenity Center facilities. The annual cost is $1,980.

EXPENDITURES:
Administrative:
Supervisors Fees

The District may compensate supervisors up to $200 per meeting with a maximum amount of $4,800 per year.
FICA Expense
Represents District's share of Social Security and Medicare Taxes withheld from supervisor's fees.
Engineering

The District will contract with an engineering firm to provide general engineering services to the District, including attendance and preparation for monthly board meetings, review invoices, etc.
Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District's Series 2015 A1/A2/A3, Capital Improvements Revenue Bonds. The District will contract with a certified public accounting firm to calculate the rebate liability and submit reports to the District.
3

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for unrelated bond issues. The District has contracted with GMS, LLC to provide this service.

Assessment Roll

The District has contracted with Governmental Management Services for the certification of the District's annual maintenance and debt service assessments to the County Tax Collector.

Attorney
The District's legal counsel, Hopping Green & Sams, will be providing general legal services to the District, including attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Berger, Toombs, Elam, Gaines & Frank currently serves as the District's Independent Auditor.
Trustee

The District issued $2,500,000 of Series 2015A-1, $1,930,000 of Series 2015A-2, $3,850,000 of Series 2015A-3 and $2,245,000 of Series 2015B Capital Improvement Revenue Refunding Bonds which are held by a Trustee at U.S. Bank.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC.
Travel & Per Diem
Represents mileage reimbursement to Supervisors for use of their private vehicle to travel to Board of Supervisors meetings.
Computer Time
The District processes all of its financial activities, including accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services, LLC.
Telephone
Telephone and fax machine.

4

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.
Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.
Insurance-Liability
The District's General Liability & Public Officials Liability Insurance policy is with Preferred Governmental Insurance Trust (PGIT). PGIT specializes in providing insurance coverage to governmental agencies.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings etc in the Florida Times Union.
Other Current Charges
Bank charges and any other miscellaneous expenses incurred during the year.
Office Supplies
Miscellaneous office supplies.
Dues. Licenses & Subscriptions

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

Field:
Operations Management

The District has contracted with Riverside Management Services to provide oversight of daily operations of the common areas, irrigation and maintenance contracts.
Landscape Maintenance

This represents landscape maintenance of all the District property, to include mowing, weeding, trimming, pruning etc. The District is contracted with Sullivan Lawn Care, LLC.
Landscape Contingency

Represents a contingency for mulch installation, sod repairs/replacement, plant replacements and new common areas to maintain.

5

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

Utilities- Irrigation and Streetlights

The District has utility accounts with the following providers for irrigation and lighting:

Account Number	Description	Monthly	Annually	

Clay Electric Company				
7182249	2404-1 Rolling View Blvd.	$	55	$	660	
7755259	3236-1 Bradley Creek Dr	$	30	$	360	
7755275	3314-1 Bradley Creek Dr	$	300	
7755283	2448 Rolling View Blvd	$	65	$	780	

Clay County UtilityAuthority	
244686	3212-1 Bradley Creek Reclam	$	605	$	7,260	
244869	3212-2 Bradley Creek Reclam	$	600	$	7,200	
256584	3215-2 Bradley Creek Reclam	$	175	$	2,100	
266438	3312-1 Ridgeview Drive Irrigation	$	65	$	780	
253042	3212-3 Bradley Creek Irrigation	$	415	$	4,980	
Contingency			$	560	

!Total

$	25,000 1

Fertilization. Weed. & Pest Control
The District has contracted with TruGreen for monthly pest control, fertilization and weed control services.
Lake Maintenance

The District has contracted with The Lake Doctors for more aquatic plant management of the community's lakes. Services provide labor, equipment, herbicides and technology to control invasive plants and algae.
Miscellaneous
Any unforeseen expense that is not included in the previous categories.

6

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

Amenity Center:

Facility Management

The District has contracted with Riverside Management Services to staff the amenity center and manage the day to day operations in accordance with their contract.
Pool Attendants

The District has contracted with Riverside Management Services to provide pool attendants for the District's water slide, safety and enforcement of pool rules adopted by the District.
Refuse Service

The District has contracted with Waste Management for the refuse container removal. The contract is for one 2 yard front load dumpster to be emptied once a week.
Security

The District has contracted with the Clay County Sheriff's Office to provide part time security covering the community.
Utilities- Electric. Water. Cable. Internet & Telephone

The District has the following utility accounts for the Amenity Center:

Account Number

Description

Monthly

Annually

Clay Electric Cooperative
7751951

3212 Bradley Creek Dr

$	3,500.00

$42,000.00

"Clay County Utility Authority

00260347

3212-4 Bradley Creek Dr

$

250.00

$ 3,000.00

Comcast
'8495741231221030

Cable/Internet/Telephone

$

250.00

$ 3,000.00

 	$4s,ooo.oo 1

7

Rolling Hills
Community Development District
GENERAL FUND BUDGET
Fiscal Year 2019

Repairs and Maintenance

The District will incur various cost associated with the overall maintenance of the District's amenity center to include:
•A/C unit quarterly maintenance by Mechanical Solutions
•Light repairs and new bulbs/ballasts
•Annual installation
•Quarterly pressure wash all facility areas
•Pumps and motor maintenance and repairs
•Painting

Janitorial

The District has contracted with Riverside Management Setvices for the monthly cleaning of the clubhouse.
Pool Maintenance

The District has contracted with Riverside Management Setvices for the weekly cleaning and maintenance of the pools.
Special Events
The District will host certain special events throughout the year for the residents of the community.
Operating Supplies
Any supplies and chemicals needed for the daily upkeep and operation of the Amenity Center.
Pool Chemicals
The District purchases all necessary chemicals from Hawkins, Inc. for the swimming pool.
Permits
Represents cost for the various permits required for the operation of the amenity center.
Insurance - Propertv
The District's Property Insurance policy is with Preferred Governmental Insurance Trust (PGIT). PGIT specializes in providing insurance coverage to governmental agencies.

8

$50

Rolling Hills
Community Development District	Debt Service Fund
Series 2015 A1

Adopted	Actual
Budget	thru	Projected Next	Total Projected	Adopted Budget	
Description	FY2018	6/30/18	3 Months	Thru 9/30/18	FY2019	
Revenues						
Assessments	$182,400	$175,152	$0	$175,152	$182,400	
Other Revenue Sources		$0		$0		
Interest Income		$318	$50	$368	$0	
Carry Forward Surplus	$104,747		$63,705	$0	$63,705	$67,429	
Total Revenues	$182,400		$239,175		$239,225	$249,829	

Expenditures							
Series 2015A-1							
Interest 11/1	$56,667		$55,898	$0	$55,898	$54,698	
Interest 5/1	$60,000		$60,000	$0	$60,000	$60,000	
Principal 5/1	$56,667		$55,898	$0	$55,898	$54,698	
Total Debt Service Expenditures	$173,334		$171,796	$0	$171,796	$169,396	
EXCESS REVENUES/ (EXPENDITURES)	$9 066		$67,379		$67 429	$80 433	
					
11/1/19 Interest	
$	53,468.13	

9

Rolling Hills
Community Development District Series 2015 A-1 Special Assessment Bonds AMQBIIZ:AIIQ!!I SCl:IEIJl!LI;

DATE		RATE		INTEREST	
05/01/18	$	2,110,00000	4.00%	$	60,000.00	$	55,898.13	
11/01/18	$	2,050,000.00	4.00%		$	54,698.13    $	170,596.26	
05/01/19	$	2,000,000.00	4.10%	$	60,000.00	$	54,698.13		
11/01/19	$	1,990,000.00	4.10%		$	53,468.13	$	168,166.26	
05/01/20	$	1,990,000.00	4.30%	$	65,00000	$	53,468.13		
11/01/20	$	1,925,000.00	4.30%		$	52,070.63     $	170,538.76	
05/01/21	$	1,925,000.00	4.60%	$	70,000.00	$	52,070.63		
11/01/21	$	1,855,000.00	4.60%		$	50,460.63	$	172,531.26	
05/01/22	$	1,855,000.00	5.13%	$	75,000.00	$	&l,460.63		
1 1/01/22	$	1,780,000.00	5.13%		$	48,538.75	$	173,999.38	
05/01/23	$	1,780,000.00	5.13%	$	80,000.00	$	48,538.75		
1 1101/Zl	$	1,700,000.00	5.13%		$	46,488.75	$	175,027.50	
05/01/24	$	1,700,000.00	5.13%	$	85,000.00	$	46,488.75		
1 1/01/24	$	1,615,000.00	5.13%		$	44,31063	$	175,799.38	
05/01/25	$	1,615,000.00	5.13%	$	95,000.00	$	44,310.63		
11/01/25	$	1,520,000.00	5.13%		$	41 ,876.25	$	181,186.88	
05/01/26	$	1,520,000.00	5.13%	$	100,000.00	$	41,876.25		
11/01/26	$	1,420,000.00	5.13%		$	39,313.75	$	181,190.00	
05/01/27	$	1,420,000 00	5.45%	$	105,000.00	$	39,313.75		
11/01/27	$	1,315,000.00	5.45%		$	36,452.50	$	180,766.25	
05/01/28	$	1,315,000.00	5.45%	$	115,000.00	$	36,452.50		
11 /01/28	$	1,200,000.00	5.45%		$	33,318.75	$	184,771.25	
05/01/29	$	1,200,000.00	5.45%	$	120,000.00	$	33,318.75		
1 1/01/29	$	1,080,000.00	5.45%		$	30,048.75	$	183,367.50	
05/01/30	$	1,080,000.00	5.45%	$	125,000.00	$	30,048.75		
1 1/01/30	$	955,000.00	545%		$	26,642.50	$	181 ,691.25	
05/01/31	$	955,000.00	5.45%	$	130,000.00	$	26,642.50		
11/01/31	$	825,000.00	545%		$	23,100.00	$	179,742.50	
05/01/32	$	825,000.00	5.60%	$	120,000.00	$	23,100.00		
11 /01/32	$	705,000 00	5.60%		$	19,740.00	$	162,840.00	
05101133	$	705,000.00	5.60%	$	125,000.00	$	19,740.00		
11/01/33	$	580,000.00	5.60%		$	16,240.00	$	160,980.00	
05/01/34	$	580,000.00	5.60%	$	135,000.00	$	16,240.00		
1 1/01/34	$	445,000.00	5.60%		$	12,460 00	$	163,700.00	
05/01/35	$	445,000.00	560%	$	140,000.00	$	12,460.00		
11101135	$	305,000.00	5.60%		$	8,540.00	$	161,000.00	
05/01/36	$	305,000.00	5.60%	$	150,000.00	$	8,540 00		
11/01/36	$	155,000.00	5.60%		$	4,34000	$	162,880.00	
05/01/37	$	155,00000	5.60%	$	155,000.00	$	4,340.00	$	159,340.00	
			$	2,110,000.00	$	1,340,114.43	$	3,450,114.43 1	
uRevised as of 11/1/2017
10

$354

Rolling Hills 
Community Development District	Debt Service Fund
Series 2015 A2, 2015 B

Adopted	Actual
Budget	thru	Projected
Next	Total
Projected	Adopted Budget	
Description	FY2018	6/30/1 8	3 Months	Thru 9/30/1 B	FY2019	
Revenues						
Assessments	$151,200	$152,201	$0	$152,201	$151,200	
Direct Assessments	$0	$0	$0	$0	$0	
Prepayments - B	$0	$164,943	$0	$164,943	$0	
Interest Income	$0		$0	$354	$0	
Carry Forward Surplus	$57,519		$55,012	$0	$55,012	$43,926	
Total Revenues	$208,719		$372,510	$0	$372,510	$195,126	

Expenditures							
Series 2015 A-2							
Interest - 1 1/1	$49,356		$49,356	$0	$49,356	$43,303	
Principal - 5/1	$55,000		$55,000	$0	$55,000	$45,000	
Interest - 5/1	$49,356		$49,228	$0	$49,228	$43,303	
Special Calls	$0		$175,000	$0	$175,000	$0	
TotalDebt Service Expenditures	$1 53,713		$328,584	$0	$328,584	$131 ,606	
EXCESS REVENUES/ (EXPENDITURES)	$55 007		$43 926	$0	$43 926	$63 520	
					1 1/1/19 Interest - 2015 A 2	
$	42,150.00	

11 

Roll ing Hills
Community Development District
Series 2015 A-2 Special Assessment Bonds
AMQBIIZAIIQ� SCHEDUI I;

DATE	RATE	INTEREST
11/01/18	$	1,605,000.00	5.13%	$	43,303.13    $	43,303.13
05/01/19	$	1,605,000.00	5.13%	$	45,000.00  $	43,303.13

05/01/20	$	1,560,000.00	5.13%	$	50,000.00	$	
1 1/01/20	$	1,510,000.00	5.13%		$	
05/01/21	$	1,510,000.00	5.13%	$	50,000.00	$	

11/01/19	$	1,560,000.00	5.13%	$	42,150.00    $	130,453.13
42,150.00
40,868.75     $	133,018.75
40,868.75
1 1/01/21	$	1,460,000.00	5.13%	$	39,587.50    $	130,456.25
05/01/22	$	1,460,00000	5.13%	$	55,000.00    $	39,587.50
1 1/01/22	$	1,405,000.00	5.13%	$	38,178.13   $	132,765.63
05/01/23	$	1,405,00000	5.13%	$	55,000.00    $	38,178.13
11/01/23	$	1,350,000.00	5.13%	$	36,768.75   $	129,946.88
05/01/24	$	1,350,000 00	5.13%	$	60,000.00    $	36,768.75
11/01/24	$	1,290,000.00	5.13%	$	35,231.25    $	132,000.00
05/01/25	$	1,290,000 00	5.13%	$	65,000.00    $	35,231.25
11/01/25	$	1,225,000 00	5.13%	$	33,565.63     $	133,796.88
05/01/26	$	1,225,000.00	5.13%	$	65,000.00    $	33,565.63
11/01/26	$	1,160,000.00	5.13%	$	31,900 00    $	130,465.63
05/01/27	$	1,100,000.00	5.50%	$	80,000.00    $	31,900.00
11/01/27	$	1,080,000.00	5.50%	$	29,700.00    $	141 ,600.00
05/01/28	$	1,080,000.00	5.50%	$	85,000.00    $	29,700.00
1 1/01/28	$	995,000.00	5.50%	$	27,362.50     $	142,062.50
05/01/29	$	995,000.00	5.50%	$	90,000.00   $	27,362.50
1 1/01/29	$	905,000.00	5.50%	$	24,887.50     $	142,250.00
05/01/30	$	905,000.00	5.50%	$	90,000.00   $	24,887.50
1 1/01/30	$	815,000.00	5.50%	$	22,412.50   $	137,300.00
05/01/31	$	815,000.00	5.50%	$	100,000.00   $	22,412.50
11/01/31	$	715,000.00	5.50%	$	19,662.50   $	142,075.00
05/01/32	$	715,000.00	5.50%	$	105,000.00   $	19,662.50
11/01/32	$	610,000.00	5.50%	$	16,775.00    $	141,437.50
05/01/33	$	610,000.00	5.50%	$	110,000.00  $	16,775.00
1 1/01/33	$	500,00000	5.50%	$	13,750.00    $	140,525.00
05/01/34	$	500,000.00	5.50%	$	115,000.00  $	13,750.00
1 1/01/34	$	385,000.00	5.50%	$	10,587.50    $	139,337.50
05/01/35	$	385,000.00	5.50%	$	120,000.00   $	10,587.50
1 1/01/35	$	265,000.00	5.50%	$	7,287.50     $	137,875.00
05/01/36	$	265,000.00	5.50%	$	130,000.00   $	7,287.50
1 1/01/36	$	135,000.00	5.50%	$	3,712.50    $	141 ,000.00
05/01/37	$	135,000.00	5.50%	$	135,000.00	$	3,712.50	$	138,712.50	
			$	1,605,000.00	$	1,035,381.28	$	2,640,381.281	
** Revised after 5/1/18 call

12

Rolling Hills
Community Development District	Debt Service Fund
Series 2015 A3

	Adopted
Budget		Actual
thru		Projected
Next		Total
Projected		Adopted
Budget	
Description			 	FY2018			 	6/30/18			 	3 Months			  Thru 9/30/18		 	FY2019	
	
Revenues											
Assessments		$343,600		$240,520		$103,080		$343,600		$343,600	
Interest Income	$1 52	$20	$172	$0	
Carry Forward Surplus	$171 ,290		$129,800		$0		$129,800		$131,317 

Total Revenues	 	$514,890		 	$370,472		 	$103,100		 	$473,572		 	$474,917	

Expenditures										
Series 2015 A-3										
Interest 11/1	$126,128		$126,128		$0		$126,128		$123,1 13 	
Interest 5/1	$90,000		$90,000		$0		$90,000		$100,000	
Principal 5/1	$126,128		$126,128		$0		$126,128		$123,1 13 	
TotalDebt Service Expenditures	 	$342,256		 	$342,255		 	$0		 	$342,255		 	$346,225	
EXCESS REVENUES/ (EXPENDITURES)	$172 634		$28 217		$103 100		$131 317		$128 692	
							11/1/19 Interest		s	119,762.50	

13 

Rolling Hills

Community Development District Series 2015 A 3 Special Assessment Bonds AMOBTIZAI/ON SCHEDULE
DATE	RATE	INTEREST
05/01/16	$	3,850,000.00	6.70%	$	$	128,975.00
11/01/16	$	3,850,000.00	6.70%	$	128,975.00    $	257,950.00
05/01/17	$	3,850,000.00	6.70%	$	85,000.00    $	128,975.00
11/01/17	$	3,765,000.00	6.70%	$	126,127.50   $	340,102.50

123,112.50	$	339,240.00	
123,112.50		
119,762.50
119,762.50	$	342,875.00	
1 16,245.00	$	341,007.50	

05/01/18	$	3,765,000.00	6.70%	$	90,000.00    $	126,127.50
11/01/18	$	3,675,000.00	6.70%	$
05/01/19	$	3,675,000.00	6.70%	$	100,000.00   $
11/01/19	$	3,575,000.00	6.70%	$

11/01/20	$	3,470,000.00	6.70%		
05/01/21	$	3,470,000.00	6.70%	$	

05/01/20	$	3,575,000.00	6.70%	$	105,000.00  $
$
115,000.00  $	116,245.00
11/01/21	$	3,355,000.00	6.70%	$	112,392.50    $	343,637.50
05/01/22	$	3,355,000.00	6.70%	$	120,000.00   $	112,392.50
11/01/22	$	3,235,000.00	6.70%	$	108,372.50    $	340,765.00
05/01/23	$	3,235,000.00	6.70%	$	130,000.00   $	108,372.50
11/01/23	$	3,105,000.00	6.70%	$	104,017.50   $	342,390.00
05/01/24	$	3,105,000.00	6.70%	$	140,000.00   $	104,017.50
11/01/24	$	2,965,000.00	6.70%	$	99,327.50     $	343,345.00
05/01/25	$	2,965,000.00	6.70%	$	150,000.00   $	99,327.50
11/01/25	$	2,815,000.00	6.70%	$	94,302.50    $	343,630.00
05/01/26	$	2,815,000.00	6.70%	$	160,000.00   $	94,302.50
11/01/26	$	2,655,000.00	6.70%	$	88,942.50    $	343,245.00
05/01/27	$	2,655,000.00	6.70%	$	170,000.00   $	88,942.50
11/01/27	$	2,485,000.00	6.70%	$	83,247.50    $	342,190.00
05/01/28	$	2,485,000.00	6.70%	$	180,000.00   $	83,247.50
11/01/28	$	2,305,000.00	6.70%	$	77,217.50   $	340,465.00
05/01/29	$	2,305,000.00	6.70%	$	195,000.00   $	77,217.50
1 1/01/29	$	2,110,000.00	6.70%	$	70,685.00    $	342,902.50
05/01/30	$	2,110,000.00	6.70%	$	205,000.00    $	70,685.00
11/01/30	$	1,905,000.00	6.70%	$	63,817 50    $	339,502.50
05/01/31	$	1,905,000.00	6.70%	$	220,000.00    $	63,817.50

05/01/32	$	1,685,000.00	6.70%	
11/01/32	$	1,450,000.00	6.70%	

11/01/31	$	1,685,000.00	6.70%	$	56,447.50    $	340,265.00
$	235,000.00   $	56,447.50
$	48,575.00     $	340,022.50

11/01/33	$	1,200,000.00	6.70%	
05/01/34	$	1,200,000 00	6.70%	

05/01/33	$	1,450,000.00	6.70%	$	250,000.00    $	48,575.00
$	40,200.00    $	338,775.00
$	270,000.00    $	40,200.00
11/01/34	$	930,000.00	6.70%	$	31,155.00   $	341,355.00
05/01/35	$	930,000.00	6.70%	$	290,000.00    $	31,155.00
11/01/35	$	640,000.00	6.70%	$	21,440.00    $	342,595.00
05/01/36	$	640,000.00	6.70%	$	310,000.00   $	21,440.00
11/01/36	$	330,000.00	6.70%	$	11,055.00   $	342,495.00
05/01/37	$	330,000.00	6.70%	$	330,000.00   $	11,055.00   $	341,055.00
$	3,850,000.00    $	3,579,810.00    $	1,429,a10.oo 1

14