Rivers Edge II
Community Development District

Approved Budget FY2022

Rivers Edge II
Community Development District

TABLE OF CONTENTS

General Fund Budget	Page 1-2

General Fund Narrative	Page 3-10

Series 2020 Debt Service Fund Budget	Page 11

Series 2020 Amortization Schedule	Page 12-13

Series 2021 Debt Service Fund Budget	Page 14

Series 2021 Amortization Schedule	Page 15-16

	Adopted
Budget	Actuals
as of	Projected
Next 3	Total
Projected	Approved
Budget	
Description	FY2021	6/30/21	Months	9/30/21	FY2022	

Revenues						
Assessments	$ 190,300	$	188,935	$	1,365	$	190,300	$	360,213	
Developer Contributions	$ 1,129,450	$ 1,159,776	$	109,350	$ 1,269,126	$	1,274,150	
Café Revenues	$ 200,000	$	414,317	$	90,000	$	504,317	$	218,690	
Special Events	$	7,000	$	1,670	$	900	$	2,570	$	7,000	
Miscellaneous Income
Cost Share Amenity- Rivers Edge III	$	-
$	-	$	912
$	-	
$	-	$	912
$	-	$	-
$	82,310	
Total Revenues	$ 1,526,750	$ 1,765,610	$ 201,615	$ 1,967,225	$	1,942,363	

Expenditures						
Administrative Engineering	
$	15,000	
$	4,661	
$	1,650	
$	6,311	
$	15,000	
Arbitrage	$	600	$	-	$	600	$	600	$	1,200	
Dissemination Agent	$	3,500	$	3,042	$	875	$	3,917	$	3,500	
Attorney	$	22,244	$	26,792	$	5,100	$	31,892	$	22,244	
Annual Audit	$	5,000	$	1,500	$	3,500	$	5,000	$	5,000	
Trustee Fees	$	4,000	$	-	$	3,000	$	3,000	$	8,000	
Management Fees	$	30,000	$	22,500	$	7,500	$	30,000	$	30,000	
Construction Accounting	$	3,500	$	-	$	3,500	$	3,500	$	3,500	
Information Technology	$	1,200	$	900	$	300	$	1,200	$	1,800	
Webiste Administration	$	-	$	-	$	-	$	-	$	1,200	
Telephone	$	300	$	76	$	50	$	126	$	200	
Postage	$	1,500	$	115	$	75	$	190	$	800	
Printing & Binding	$	1,500	$	774	$	450	$	1,224	$	1,200	
Insurance	$	5,638	$	5,125	$	-	$	5,125	$	5,919	
Legal Advertising	$	4,000	$	1,668	$	900	$	2,568	$	4,000	
Other Current Charges	$	750	$	482	$	350	$	832	$	1,000	
Office Supplies	$	850	$	91	$	75	$	166	$	850	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Website design/compliance	$	4,500	$	3,375	$	1,125	$	4,500	$	5,625	
Total Administrative	$ 104,257	$	71,276	$	29,050	$	100,326	$	111,213	

Grounds Maintenance
Cost Share Landscaping- Rivers Edge	

$ 549,948	

$	549,948	

$	-	

$	549,948	

$	688,906	
Field Operations Management (Vesta)	$	31,673	$	23,755	$	7,918	$	31,673	$	38,569	
Landscape Maintenance	$ 164,546	$	168,236	$	53,532	$	221,768	$	241,438	
Lake Maintenance	$	-	$	9,489	$	4,260	$	13,749	$	20,000	
Landscape Replacements	$	500	$	-	$	250	$	250	$	500	
Total Grounds Maintenance	$ 746,667	$ 751,428	$	65,960	$	817,388	$	989,413	

	Adopted
Budget	Actuals
as of	Projected
Next 3	Total
Projected		Approved
Budget	
Description	FY2021	6/30/21	Months	9/30/21		FY2022	

Amenity Center- River House							
Cost Share Amenity- Rivers Edge	$	13,418	$	13,418	$	-	$	13,418	$	-	
General & Lifestyle Manager (Vesta)	$	65,148	$	47,232	$	16,287	$	63,519	$	67,000	
Hospitality Staff (Vesta)	$ 112,400	$	84,300	$	28,100	$	112,400	$	117,895	
Amenity Manager (Vesta)	$	-	$	-	$	-	$	-	$	-	
Security Monitoring	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
Telephone	$	10,260	$	7,585	$	2,610	$	10,195	$	10,260	
Insurance	$	53,591	$	53,826	$	-	$	53,826	$	56,270	
General Facility & Common Grounds Maint (Vesta)	$	42,000	$	31,500	$	10,500	$	42,000	$	61,289	
Pool Maintenance(Vesta)	$	18,225	$	13,669	$	4,556	$	18,225	$	19,260	
Pool Chemicals(Poolsure)	$	8,343	$	6,299	$	2,086	$	8,384	$	8,343	
Janitorial Services (Vesta)	$	16,133	$	12,099	$	4,033	$	16,132	$	17,260	
Access Cards	$	-	$	1,575	$	1,575	$	3,150	$	3,500	
Window Cleaning	$	3,500	$	-	$	1,500	$	1,500	$	3,500	
Natural Gas	$	2,050	$	104	$	104	$	208	$	2,050	
Electric	$	20,000	$	12,638	$	7,500	$	20,138	$	20,000	
Sewer/Water/Irrigation	$	40,000	$	52,270	$	30,000	$	82,270	$	75,000	
Repair and Replacements	$	10,000	$	45,233	$	20,000	$	65,233	$	40,000	
Refuse	$	6,150	$	6,284	$	2,400	$	8,684	$	7,500	
Pest Control	$	1,920	$	1,456	$	285	$	1,741	$	1,920	
License/Permits	$	1,500	$	350	$	500	$	850	$	1,500	
Other Current	$	1,000	$	-	$	500	$	500	$	1,000	
Special Events	$	15,000	$	6,250	$	1,500	$	7,750	$	15,000	
Holiday Decorations	$	11,000	$	12,710	$	-	$	12,710	$	13,000	
Office Supplies/Postage	$	500	$	830	$	700	$	1,530	$	1,500	
Café Costs- labor/food/beverage/COGS	$ 218,690	$	412,649	$	90,000	$	502,649	$	218,690	
General Reserves	$	-	$	-	$	-	$	-	$	75,000	
Total Amenity Center- River House	$ 675,827	$ 822,275	$ 227,236	$ 1,049,511	$	841,737	

Total Expenditures

$ 1,526,750	$ 1,644,979	$    322,246	$ 1,967,225	$

1,942,363

Excess Revenues (Expenditures)	$	-	$    120,631	$   (120,631)	$	-	$	-

Lot
Size	
Units	Per
Unit	Gross
Assessments	
30'-39' Lot	24	$	973.96	$	23,375	
40'-49' Lot	79	$ 1,162.47	$	91,835	
50'-59' Lot	30	$ 1,366.68	$	41,000	
70'-79' Lot	65	$ 1,885.08	$	122,530	
80'+ Lot	50	$ 2,089.30	   $	104,465 	
Total Gross Assessments	$	383,206	
Less: Discounts 6%	   $	22,992 	
Total Net Assessments	   $	360,213 	

REVENUES:

Assessments
The District will levy a non ad-valorem special assessment on all taxable property within the District to fund a portion of the General Operating Expenditures for the fiscal year. These are collected on the St. Johns County Tax Roll for platted lands. Unplatted lands are direct billed to the landowner.

Developer Contributions
The District will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Café Revenue
Income received from café food and beverage sales net of cost of goods sold.

Special Events
Income received from residents/non-residents for the rental of the facilities for special events.

Cost Share Amenity- Rivers Edge III
Agreement with Rivers Edge III to cost share a portion of the maintenance costs for amenities. Cost share is based on future development and estimated costs.

EXPENDITURES:

Administrative:

Engineering Fees
The District’s engineering firm, Prosser, Inc, will be providing general engineering services to the District, i.e. 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 Bonds. The District will contract with an independent auditing firm to perform the calculations.

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 un-rated bond issues.

Attorney
The District’s legal counsel, Hopping Green and Sams, will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District will issue bonds to be held with a Trustee at a qualified Bank. The amount of trustee fees is based on the agreement between the bank and the District.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.

Construction Accounting
The District receives annual constriction account services as part of a Management Agreement with Governmental Management Services, LLC.

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

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

Telephone
Telephone and fax machine.

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
The District’s General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance (FIA). The amount is based upon prior year’s premiums.

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

Other Current Charges
This includes bank charges and any other miscellaneous expenses that are incurred during the year by the District.

Office Supplies
Miscellaneous office supplies.

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

Website Design/Compliance
Cost related to District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Grounds Maintenance:

Cost Share- Landscaping Rivers Edge
Shared costs with Rivers Edge CDD for landscaping. Cost share is based on future development and estimated costs.

Field Operations Management (Vesta)
The District has contracted with Vesta Property Services, Inc to provide field operations management to oversee all day-to-day operation of all the Districts assets, common grounds, and service providers.

Vendor	Description	Monthly	Annual

Vesta	Field Operations Management	$

3,214	$

38,569

Total	$	38,569

Landscape Maintenance
The District contracted with Verdego to maintain the common areas of the District and Amenity Center.

Vendor	Description	Monthly	Annual	

Verdego	
CDD Landscape Maintenance	
$	17,844	
$	214,128	
Verdego	Future Phase Parcel 19		$	27,310	
Total			$ 241,438	

Lake Maintenance
The District receives lake maintenance services from Charles Aquatics, Inc.

Vendor	Area	Monthly	Annual	

Charles Aquatics	
Water Song & Keystone Corners	
$	683	
$	8,190	
Charles Aquatics	High Point	$	319	$	3,828	
Charles Aquatics	River Club	$	90	$	1,080	
Additional Cleanup			$	6,902	
Total			$	20,000	

Landscape Replacement
A provision for additional landscape features or for repair of existing landscaping.

Amenity Center- River House:

General & Lifestyle Manager (Vesta)
The District has contracted with Vesta Property Services, Inc to provide general amenity management, facility administration, and special event coordinator services at the Amenity Center.

Vendor	Description	Monthly	Annual

Vesta	General & Lifestyle Manager

$	5,583	$

67,000

Total	$	67,000

Hospitality Staff (Vesta)
The District has contracted with Vesta Property Services, Inc to provide hospitality staffing for district amenities.

Security Monitoring
Maintenance costs of the security alarms/cameras.

Telephone
The estimated cost for telephone, internet, and cable services for the Amenity Center.

Vendor	Description	Monthly	Annual	

Comcast	
Internet & Cable	
$	480	
$	5,760	
Comcast	Telephone	$	375	$	4,500	
Total			$ 10,260	

Insurance
The District’s General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance (FIA). The amount is based upon estimated premium for property insurance related to the Amenity and other District facilities.

General Facility & Common Grounds Maintenance (Vesta)
The District has contracted with Vesta Property Services, Inc to provide maintenance and repairs necessary for upkeep of the Amenity Center and common grounds area.

Vendor	Description	Monthly	Annual

Vesta

General Facility& Common Grounds Maintenance

$	5,107	$

61,289

Total	$	61,289

Pool Maintenance (Vesta)
The District has contracted with Vesta Property Services, Inc to provide maintenance of the Amenity Center swimming pools.

Vendor	Description	Monthly	Annual

Vesta	Pool Maintenance

$	1,605	$

19,260

Total	$	19,260

Pool Chemicals (Poolsure)
The District has contracted with Poolsure to provide chemicals for the Amenity Center swimming pools.

Vendor	Description	Monthly	Annual

Poolsure	Pool Chemicals

$	695	$

8,343

Total	$	8,343

Janitorial Services (Vesta)
The District has contracted with Vesta Property Services, Inc to provide janitorial cleaning for the Amenity Center.

Vendor	Description	Monthly	Annual

Vesta	Janatorial Services

$	1,438	$

17,260

Total	$	17,260

Window Cleaning
The District will have windows cleared inside and outside three times a year.

Propane Gas
The District is under contract with TECO Peoples Gas to provide gas fire place and gas grills.

Electric
Estimated costs for electric billed to the District by FPL.

Location	Meter Number	Monthly	Annual	
156 Riverglade Run	2187961384	$	16	$	189	
160 Riverglade Run	7930174359	$	1,124	$ 13,485	
154 Riverglade Run	778654350	$	239	$	2,870	
Contingency for new accounts		$	288	$	3,457	
Total		$ 1,667	$ 20,000	

Sewer/Water/Irrigation
Estimated costs for sewer, water, and irrigation for the amenity center billed to the District by JEA.

Location	Meter Number	Monthly	Annual	
160 Riverglade Run	84087156	$119	$1,423	
160 Riverglade Run -Sewer	84087139	$485	$5,821	
160 Riverglade Run -Water	84087139	$193	$2,313	
298 Riverglade Run	83547180	$604	$7,251	
114 Mistflower Dr	86624406	$1,646	$19,755	
41 Keystone Corners BV	86131615	$1,228	$14,734	
233 Shinnecock Drive	86793634	$73	$877	
98 Shinnecock Drive	87743236	$347	$4,167	
29 Mistleflower	83742269	$36	$429	
907 Keystone Corners BV Apt IR01	80913980	$385	$4,625	
627 Keystone Corners BV APT IR01	86131621	$700	$8,394	
Contingency for new accounts		$434	$5,211	
Total		$6,250	$75,000	

Repairs and Replacements
Represents regular cleaning, supplies, and repairs and replacements for District’s Amenity Center.

Refuse
Garbage disposal services for the Amenity Centers provided by Republic Services.

Pest Control
The District is contracted with Turner’s Pest Control to provide pest control services.

Vendor	Description	Monthly	Annual

Turners Pest Control  Pest Control	$ Nadars Pest Raiders Termite Coverage $

95	$
65	$

1,140
780

Total	$	1,920

License/Permits
Represents license fees for the amenity center and permit fees paid to the Florida Department of Health in St. Johns County for the swimming pools.

Other Current
Represents the miscellaneous cost incurred by the District’s Amenity Center.

Special Events
Represents estimated costs for the District to host special events for the community through the Fiscal Year.

Office Supplies/Postage
Costs of supplies and postage incurred for the operation of the Amenity Center.

Café Costs- labor/food/beverage/other
Cost related to operating the café

General Reserves
Establishment of general reserves to fund future replacements of capital items.

Rivers Edge II
Community Development District
Series 2020 Debt Service Budget

	Adopted	Actuals	Total	Approved
Budget	as of	Projected	Budget	
Description	FY2021	6/30/21	9/30/21	FY2022	

Revenues		
Special Assessments	$	463,416	$	461,653	$	463,416	$	463,416	
Interest Income	$	1,000	$	107	$	120	$	1,000	
Carryforward Surplus	$	-	$	154,621	$	154,621	$	173,506	
Total Revenues	   $	464,416	$	616,381	$	618,157	$	637,922 	
Expenditures		
Transfer Out	$	-	$	86	$	150	$	-	

Interest Expense 11/1	
$	154,545	$	154,545	$	154,545	$	172,656	
Principal Expense 5/1	$	115,000	$	115,000	$	115,000	$	120,000	
Interest Expense 5/1	$	174,956	$	174,956	$	174,956	$	172,656	
Total Expenditures	   $	444,501	$	444,587	$	444,651	$	465,313 	
Excess Revenues/(Expenditures)	   $	19,915	$	171,794	$	173,506	$	172,609 	
	
Interest Payment 11/1/22 $ 170,256.25	
		Gross	Gross	
Development	Units	Per Unit	Assessments	

30'-39' Lot	
96	
$696	
$66,816	
40'-49' Lot	248	$900	$223,200	
50'-59' Lot	126	$1,104	$139,104	
70'-79' Lot	21	$1,500	$31,500	
80'+ Lot	19	$1,704	$32,376	
Gross Total			$492,996	
Less Disc. +	Collections 6%		($29,580)	
Net Annual	Assessment		$463,416	

11/01/20			$154,545	$	154,545	
05/01/21	$7,165,000	$115,000	$174,956		
11/01/21			$172,656	$	462,613	
05/01/22	$7,050,000	$120,000	$172,656		
11/01/22			$170,256	$	462,913	
05/01/23	$6,930,000	$125,000	$170,256		
11/01/23			$167,756	$	463,013	
05/01/24	$6,805,000	$130,000	$167,756		
11/01/24			$165,156	$	462,913	
05/01/25	$6,675,000	$135,000	$165,156		
11/01/25			$162,456	$	462,613	
05/01/26	$6,540,000	$140,000	$162,456		
11/01/26			$159,446	$	461,903	
05/01/27	$6,400,000	$145,000	$159,446		
11/01/27			$156,329	$	460,775	
05/01/28	$6,255,000	$150,000	$156,329		
11/01/28			$153,104	$	459,433	
05/01/29	$6,105,000	$160,000	$153,104		
11/01/29			$149,664	$	462,768	
05/01/30	$5,945,000	$165,000	$149,664		
11/01/30			$146,116	$	460,780	
05/01/31	$5,780,000	$175,000	$146,116		
11/01/31			$141,829	$	462,945	
05/01/32	$5,605,000	$180,000	$141,829		
11/01/32			$137,419	$	459,248	
05/01/33	$5,425,000	$190,000	$137,419		
11/01/33			$132,764	$	460,183	
05/01/34	$5,235,000	$200,000	$132,764		
11/01/34			$127,864	$	460,628	
05/01/35	$5,035,000	$210,000	$127,864		
11/01/35			$122,719	$	460,583	
05/01/36	$4,825,000	$220,000	$122,719		
11/01/36			$117,329	$	460,048	
05/01/37	$4,605,000	$230,000	$117,329		
11/01/37			$111,694	$	459,023	
05/01/38	$4,375,000	$245,000	$111,694		
11/01/38			$105,691	$	462,385	
05/01/39	$4,130,000	$255,000	$105,691		
11/01/39			$99,444	$	460,135	

05/01/40	$3,875,000	$270,000	$99,444		
11/01/40			$92,829	$	462,273	
05/01/41	$3,605,000	$285,000	$92,829		
11/01/41			$85,490	$	463,319	
05/01/42	$3,320,000	$300,000	$85,490		
11/01/42			$77,765	$	463,255	
05/01/43	$3,020,000	$315,000	$77,765		
11/01/43			$69,654	$	462,419	
05/01/44	$2,705,000	$330,000	$69,654		
11/01/44			$61,156	$	460,810	
05/01/45	$2,375,000	$345,000	$61,156		
11/01/45			$52,273	$	458,429	
05/01/46	$2,030,000	$365,000	$52,273		
11/01/46			$42,874	$	460,146	
05/01/47	$1,665,000	$385,000	$42,874		
11/01/47			$32,960	$	460,834	
05/01/48	$1,280,000	$405,000	$32,960		
11/01/48			$22,531	$	460,491	
05/01/49	$875,000	$425,000	$22,531		
11/01/49			$11,588	$	459,119	
05/01/50	$450,000	$450,000	$11,588		
11/01/50				$	461,588	

 	$7,165,000  $6,827,121   $	13,992,121 

Rivers Edge II
Community Development District
Series 2021 Debt Service Budget

	Proposed
Budget	Actuals
as of	Total
Projected	Approved
Budget	
Description	FY2021	6/30/21	9/30/21	FY2021	

Revenues					
Special Assessments	$	-	$	-	$	-	$	552,000	
Interest Income	$	50	$	18	$	50	$	1,000	
Bond Proceeds	$	459,600	$	459,600	$	459,600	$	-	

Carryforward Surplus

$	-	$

-	$	-

$	183,600

Total Revenues	 $	459,650	$ 459,618.26	$	459,650	$	736,600 

Expenditures		
Transfer Out	$	-	$	-	$	6	$	

Interest Expense 11/1	
$	-	$	-	$	-	
$	
Principal Expense 5/1	$	-	$	-	$	-	$	
Interest Expense 5/1	$	-	$	-	$	-	$	

-

183,600
200,000
175,788

Total Expenditures	 $	-	$	-	$	6	$	559,388 

Excess Revenues/(Expenditures)	 $	459,650	$	459,618	$	459,644	$	177,212 

Interest Payment 11/1/22  $ 173,387.50

Development	
Units	Gross
Per Unit	Gross
Assessments	

30'-39' Lot	
94	
$696	
$65,424	
40'-49' Lot	215	$900	$193,500	
50'-59' Lot	210	$1,104	$231,840	
Townhomes	130	$744	 	$96,720 	
Gross Total			$587,484	
Less Disc. + Collections 6%	($35,484)
Net Annual Assessment	$552,000

11/01/21			$183,600	$	183,600	
05/01/22	$9,900,000	$200,000	$175,788		
11/01/22			$173,388	$	549,175	
05/01/23	$9,700,000	$205,000	$173,388		
11/01/23			$170,928	$	549,315	
05/01/24	$9,495,000	$210,000	$170,928		
11/01/24			$168,408	$	549,335	
05/01/25	$9,285,000	$215,000	$168,408		
11/01/25			$165,828	$	549,235	
05/01/26	$9,070,000	$220,000	$165,828		
11/01/26			$163,188	$	549,015	
05/01/27	$8,850,000	$225,000	$163,188		
11/01/27			$159,813	$	548,000	
05/01/28	$8,625,000	$235,000	$159,813		
11/01/28			$156,288	$	551,100	
05/01/29	$8,390,000	$240,000	$156,288		
11/01/29			$152,688	$	548,975	
05/01/30	$8,150,000	$250,000	$152,688		
11/01/30			$148,938	$	551,625	
05/01/31	$7,900,000	$255,000	$148,938		
11/01/31			$145,113	$	549,050	
05/01/32	$7,645,000	$265,000	$145,113		
11/01/32			$140,475	$	550,588	
05/01/33	$7,380,000	$275,000	$140,475		
11/01/33			$135,663	$	551,138	
05/01/34	$7,105,000	$285,000	$135,663		
11/01/34			$130,675	$	551,338	
05/01/35	$6,820,000	$295,000	$130,675		
11/01/35			$125,513	$	551,188	
05/01/36	$6,525,000	$305,000	$125,513		
11/01/36			$120,175	$	550,688	
05/01/37	$6,220,000	$315,000	$120,175		
11/01/37			$114,663	$	549,838	
05/01/38	$5,905,000	$325,000	$114,663		
11/01/38			$108,975	$	548,638	
05/01/39	$5,580,000	$340,000	$108,975		
11/01/39			$103,025	$	552,000	
05/01/40	$5,240,000	$350,000	$103,025		
11/01/40			$96,900	$	549,925	

05/01/41	$4,890,000	$360,000	$96,900		
11/01/41			$90,600	$	547,500	
05/01/42	$4,530,000	$375,000	$90,600		
11/01/42			$83,100	$	548,700	
05/01/43	$4,155,000	$390,000	$83,100		
11/01/43			$75,300	$	548,400	
05/01/44	$3,765,000	$405,000	$75,300		
11/01/44			$67,200	$	547,500	
05/01/45	$3,360,000	$425,000	$67,200		
11/01/45			$58,700	$	550,900	
05/01/46	$2,935,000	$440,000	$58,700		
11/01/46			$49,900	$	548,600	
05/01/47	$2,495,000	$460,000	$49,900		
11/01/47			$40,700	$	550,600	
05/01/48	$2,035,000	$480,000	$40,700		
11/01/48			$31,100	$	551,800	
05/01/49	$1,555,000	$495,000	$31,100		
11/01/49			$21,200	$	547,300	
05/01/50	$1,060,000	$520,000	$21,200		
11/01/50			$10,800	$	552,000	
05/01/51	$540,000	$540,000	$10,800		
11/01/51				$	550,800	

 	$9,900,000  $6,777,863   $	16,677,863 

Rivers Edge II Community Development District FY 2022 Operations and Maintenance Methodology Equivalent Residential Unit Allocation Assessments per Unit - Net and Gross

Land Use / Product Type	

ERU
per Unit	
Current Platted Units	
Future Planned Units	

Total Units	

Total ERU's	

%	
FY 2022
Budget Allocation	FY 2022
Per Unit Net
Assessment	FY 2022
Per Unit Gross Assessment	FY 2021
Per Unit Gross Assessment	Increase
Per Unit Gross Assessment	
Townhomes	0.62	0	664	664	411.68	31.38%	$0.00	$0.00	$0.00	$0.00	$0.00	
Single Familiy - 30'-39' Lot	0.58	24	148	172	99.76	7.61%	$21,972	$915.52	$973.96	$837.28	$136.67	
Single Familiy - 40'-49' Lot	0.75	79	328	407	305.25	23.27%	$86,325	$1,092.72	$1,162.47	$999.34	$163.13	
Single Familiy - 50'-59' Lot	0.92	30	329	359	330.28	25.18%	$38,540	$1,284.68	$1,366.68	$1,174.90	$191.78	
Single Familiy - 70'-79' Lot	1.25	65	10	75	93.75	7.15%	$115,179	$1,771.98	$1,885.09	$1,620.55	$264.53	
Single Familiy - 80'+ Lot	1.42	50	0	50	71	5.41%	$98,197	$1,963.94	$2,089.30	$1,796.11	$293.19	
Total	 	248 	1479         1,727     1,311.72	100.00% 	$360,213 	

FY 2022 Budget:		
Administrative	$111,213	
Field and Grounds	$989,413	
Amenity Center	$841,737	
Less: Other Income	-$308,000	
Less: Dev contr	    -$1,274,150 	
	 	$360,213