Rolling Oaks
Community Development District

Proposed Budget
FY 2027

Table of Contents

1-2	General Fund	

3-6	

General Fund Narrative	

7	

Series 2016 Debt Service Fund	

8	

Series 2016 Amortization Schedule	

9	

Series 2018 Debt Service Fund	

10	

Series 2018 Amortization Schedule	

11	

Series 2022 Debt Service Fund	

12	

Series 2022 Amortization Schedule	

Rolling Oaks
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues						
Assessments	$	931,586	$	576,119	$	355,466	$	931,586	$	931,586	
Developer Contributions	$	44,272	$	42,877	$	1,395	$	44,272	$	16,339	
Interest Income	$	-	$	1,397	$	466	$	1,862	$	-	
Total Revenues	$	975,858	$	620,393	$	357,327	$	977,720	$	947,925	

Expenditures						
Administrative
Supervisor Fees	
$	12,000	
$	2,000	
$	7,000	
$	9,000	
$	12,000	
FICA Expense	$	918	$	153	$	536	$	689	$	918	
Engineering	$	10,000	$	2,525	$	5,833	$	8,358	$	10,000	
Attorney	$	15,000	$	3,505	$	8,750	$	12,255	$	15,000	
Arbitrage	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Dissemination	$	8,652	$	3,605	$	5,047	$	8,652	$	9,085	
Assessment Administration	$	10,500	$	10,500	$	-	$	10,500	$	11,025	
Annual Audit	$	3,500	$	-	$	3,500	$	3,500	$	3,600	
Trustee Fees	$	12,145	$	10,500	$	1,645	$	12,145	$	12,145	
Management Fees	$	43,775	$	18,240	$	25,535	$	43,775	$	45,964	
Information Technology	$	1,352	$	563	$	789	$	1,352	$	1,420	
Website Maintenance	$	804	$	335	$	469	$	804	$	844	
Telephone	$	100	$	-	$	58	$	58	$	100	
Postage	$	800	$	332	$	467	$	798	$	1,000	
Insurance	$	9,927	$	8,082	$	-	$	8,082	$	8,891	
Printing & Binding	$	500	$	2	$	292	$	294	$	500	
Legal Advertising	$	2,000	$	-	$	1,167	$	1,167	$	2,000	
Other Current Charges	$	2,000	$	115	$	420	$	535	$	2,000	
Office Supplies	$	130	$	2	$	76	$	78	$	130	
Property Appraiser Fee	$	350	$	838	$	-	$	838	$	900	
Property Taxes	$	80	$	5	$	-	$	5	$	80	
Meeting Room Rental	$	1,200	$	-	$	700	$	700	$	1,200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative Expenditures	$	137,259	$	62,827	$	62,284	$	125,110	$	140,326	

Rolling Oaks
Community Development District Proposed Budget
General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Field Operations						
Field Management	$	24,102	$	10,043	$	14,063	$	24,106	$	25,307	
Property Insurance	$	8,000	$	6,995	$	-	$	6,995	$	8,000	
Electric	$	12,000	$	3,559	$	7,000	$	10,559	$	12,000	
Streetlights	$	180,000	$	72,182	$	105,000	$	177,182	$	195,000	
Utilities - Water & Sewer	$	165,000	$	74,010	$	105,000	$	179,010	$	197,000	
Landscape Maintenance	$	271,817	$	121,292	$	91,000	$	212,292	$	165,000	
Landscape Enhancements	$	50,000	$	13,650	$	30,780	$	44,430	$	126,612	
Landscape Irrigation/Repairs	$	10,000	$	3,831	$	5,833	$	9,665	$	10,000	
Mulch	$	49,000	$	-	$	49,000	$	49,000	$	-	
Lake Maintenance	$	48,680	$	17,434	$	25,739	$	43,173	$	48,680	
Pressure Washing	$	10,000	$	-	$	10,000	$	10,000	$	10,000	
Contingency	$	10,000	$	2,681	$	7,319	$	10,000	$	10,000	
Total Field Operations Expenditures	$	838,599	$	325,677	$	450,734	$	776,412	$	807,599	
						
Total Expenditures	$	975,858	$	388,504	$	513,018	$	901,522	$	947,925	
						
Excess Revenues/(Expenditures)	$	-	$	231,889	$	(155,691)	$	76,198	$	-	

FY2027	
Net Assessments	$	931,586	
Add: Discounts & Collections	 $	59,463 	
Gross Assessments	 $	991,048 	

Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family	663.00	663	1.00	$	455,823.78	$	687.52	$	731.40	
Condo	516.00	645	0.80	$	354,758.78	$	550.01	$	585.12	
Apartment	176.00	352	0.50	$	121,002.99	$	343.76	$	365.70	
	1355.00	1660		$	931,585.55			

Product	FY2027 Gross Per Unit	FY2026 Gross Per Unit	
Increase	
Single Family	$	731.40	$	731.40	$	-	
Condo	$	585.12	$	585.12	$	-	
Apartment	$	365.70	$	365.70	$	-	

Rolling Oaks
Community Development District
General Fund Budget

REVENUES:

Assessments

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

EXPENDITURES:

Administrative:

Supervisor Fees

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

FICA Expense

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

Engineering

Represents the cost of general engineering services provided by Dave Schmitt Engineering, Inc., including but not limited to attendance and preparation for monthly Board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and support for various projects as directed by the Board of Supervisors and the District Manager.

Attorney

Represents general legal services provided by Straley Robin Vericker, including but not limited to attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other legal matters as directed by the Board of Supervisors and the District Manager.

Arbitrage

Represents the cost of contracting with American Municipal Tax-Exempt Compliance (AMTEC) to annually calculate the District’s arbitrage rebate liability on the Series 2016, Series 2018, and Series 2022 Special Assessment Revenue Bonds.

Dissemination

Represents costs associated with compliance with Securities and Exchange Commission (SEC) Rule 15c2-12(b)(5), including required reporting for the District’s bond issuances. These services are provided by Governmental Management Services – Central Florida, LLC.

Assessment Administration

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

Rolling Oaks
Community Development District
General Fund Budget

Annual Audit

Represents the cost associated with the District’s annual independent audit of its financial records, as required by Florida Statutes. These services are provided by Dibartolomeo, McBee, Hartley & Barnes, PA, an independent certified public accountant.

Trustee Fees

The District will pay annual trustee fees for the Series 2016, Series 2018, and Series 2022 Special Assessment Revenue Bonds that are deposited with a Trustee at Regions Bank.

Management Fees

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

Information Technology

Represents costs related to the District’s information systems provided by Governmental Management Services – Central Florida, LLC, including but not limited to video conferencing services, cloud storage and servers, positive pay implementation and fraud protection programming, accounting software, tablets for meetings, Adobe, Microsoft Office, and other related systems.

Website Maintenance

Represents costs associated with maintaining the District’s website in accordance with Chapter 189, Florida Statutes, including hosting, security, updates, and document management, provided by Governmental Management Services – Central Florida, LLC.

Telephone

Represents costs associated with telephone and fax expenses utilized for District operations.

Postage

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

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.

Printing & Binding

Materials used 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

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

Rolling Oaks
Community Development District
General Fund Budget

Office Supplies

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

Property Appraiser

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

Property Taxes

Represents a fee charged by the Osceola County Tax Collector’s Office for all assessable property within the District.

Meeting Room Rental

Represents costs associated with renting meeting room space for the District’s Board of Supervisors meetings

Dues, Licenses & Subscriptions

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

Field Operations:

Field Management

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

Property Insurance

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

Electric

Represents costs for electrical utility services provided by Duke Energy for entrance lighting, irrigation meters, and other District areas.

Streetlights

Represents the cost of street lighting services provided by Duke Energy within the District boundaries currently in place throughout the fiscal year.

Utilities – Water & Sewer

Represents estimated costs for water & sewer services with Toho Water Authority.

Landscape Maintenance

Represents the monthly landscape expenses, which include mowing, edging, and string-trimming from McMaster Landscape, LLC.

Rolling Oaks
Community Development District
General Fund Budget

Landscape Enhancements

Represents estimated costs for landscape enhancements from McMaster Landscape, LLC.

Landscape Irrigation/Repairs

Represents estimated costs for any miscellaneous landscape irrigation repairs needed for the District.

Lake Maintenance

Represents the costs of Solitude Lake Management Services that will provide monthly aquatic management services for inspection and treatment of lakes throughout the District.

Description	Monthly

Maintenance	$	2,238
Midge Treatment	$	1,248

Semi Annually
Aeration Maintenance	$	692
Contingency Total	Annually

$	26,861
$	14,980

Annually

$	1,384

$	5,455	
	$	48,680	

Pressure Washing

Represents costs associated with pressure washing District-owned rights-of-way, including gutters, curbs, and sidewalks, as needed.

Contingency

Represents funds allocated for unforeseen field-related expenses that may arise during the fiscal year.

Rolling Oaks
Community Development District Proposed Budget
Debt Service Fund Series 2016

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Assessments - Tax Roll	$	1,120,501	$	996,971	$	123,530	$  1,120,501	$	1,120,501	
Interest	$	44,627	$	25,309	$	8,436	$	33,745	$	16,873	
Carry Forward Surplus	$	1,213,928	$  1,182,168	$	-	$  1,182,168	$	1,224,398	
Total Revenues	$	2,379,056	$  2,204,448	$	131,966	$  2,336,414	$	2,361,772	

Expenditures						
Interest - 11/01	$	408,322	$	406,700	$	-	$	406,700	$	400,316	
Principal - 11/01	$	305,000	$	305,000	$	-	$	305,000	$	320,000	
Interest - 05/01	$	400,316	$	-	$	400,316	$	400,316	$	391,916	
Total Expenditures	$	1,113,638	$	711,700	$	400,316	$  1,112,016	$	1,112,231	
						
Excess Revenues/(Expenditures)	$	1,265,419	$  1,492,748	$	(268,349)	$  1,224,398	$	1,249,541	

Principal 11/1/27 $	340,000
Interest 11/1/27  $	391,916 
Total	 $	731,916 

Unit Type	Units		Gross Per Unit	Total	
Single Family	498	$	2,394	$	1,192,023	
Less: Discount/Collection (6%)			$	(71,521)	
Net Annual Assessment			$	1,120,501	

Rolling Oaks Community Development District Series 2016 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	13,560,000.00	$	320,000.00	$	400,315.63	$	1,120,631.25	
05/01/27	$	13,240,000.00	$	-	$	391,915.63			
11/01/27	$	13,240,000.00	$	340,000.00	$	391,915.63	$	1,123,831.25	
05/01/28	$	12,900,000.00	$	-	$	382,990.63			
11/01/28	$	12,900,000.00	$	355,000.00	$	382,990.63	$	1,120,981.25	
05/01/29	$	12,545,000.00	$	-	$	373,671.88			
11/01/29	$	12,545,000.00	$	375,000.00	$	373,671.88	$	1,122,343.75	
05/01/30	$	12,170,000.00	$	-	$	362,656.25			
11/01/30	$	12,170,000.00	$	395,000.00	$	362,656.25	$	1,120,312.50	
05/01/31	$	11,775,000.00	$	-	$	351,053.13			
11/01/31	$	11,775,000.00	$	420,000.00	$	351,053.13	$	1,122,106.25	
05/01/32	$	11,355,000.00	$	-	$	338,715.63			
11/01/32	$	11,355,000.00	$	445,000.00	$	338,715.63	$	1,122,431.25	
05/01/33	$	10,910,000.00	$	-	$	325,643.75			
11/01/33	$	10,910,000.00	$	470,000.00	$	325,643.75	$	1,121,287.50	
05/01/34	$	10,440,000.00	$	-	$	311,837.50			
11/01/34	$	10,440,000.00	$	500,000.00	$	311,837.50	$	1,123,675.00	
05/01/35	$	9,940,000.00	$	-	$	297,150.00			
11/01/35	$	9,940,000.00	$	530,000.00	$	297,150.00	$	1,124,300.00	
05/01/36	$	9,410,000.00	$	-	$	281,581.25			
11/01/36	$	9,410,000.00	$	560,000.00	$	281,581.25	$	1,123,162.50	
05/01/37	$	8,850,000.00	$	-	$	265,131.25			
11/01/37	$	8,850,000.00	$	590,000.00	$	265,131.25	$	1,120,262.50	
05/01/38	$	8,260,000.00	$	-	$	247,800.00			
11/01/38	$	8,260,000.00	$	625,000.00	$	247,800.00	$	1,120,600.00	
05/01/39	$	7,635,000.00	$	-	$	229,050.00			
11/01/39	$	7,635,000.00	$	665,000.00	$	229,050.00	$	1,123,100.00	
05/01/40	$	6,970,000.00	$	-	$	209,100.00			
11/01/40	$	6,970,000.00	$	705,000.00	$	209,100.00	$	1,123,200.00	
05/01/41	$	6,265,000.00	$	-	$	187,950.00			
11/01/41	$	6,265,000.00	$	745,000.00	$	187,950.00	$	1,120,900.00	
05/01/42	$	5,520,000.00	$	-	$	165,600.00			
11/01/42	$	5,520,000.00	$	790,000.00	$	165,600.00	$	1,121,200.00	
05/01/43	$	4,730,000.00	$	-	$	141,900.00			
11/01/43	$	4,730,000.00	$	840,000.00	$	141,900.00	$	1,123,800.00	
05/01/44	$	3,890,000.00	$	-	$	116,700.00			
11/01/44	$	3,890,000.00	$	890,000.00	$	116,700.00	$	1,123,400.00	
05/01/45	$	3,000,000.00	$	-	$	90,000.00			
11/01/45	$	3,000,000.00	$	940,000.00	$	90,000.00	$	1,120,000.00	
05/01/46	$	2,060,000.00	$	-	$	61,800.00			
11/01/46	$	2,060,000.00	$	1,000,000.00	$	61,800.00	$	1,123,600.00	
05/01/47	$	1,060,000.00	$	-	$	31,800.00			
11/01/47	$	1,060,000.00	$	1,060,000.00	$	31,800.00	$	1,123,600.00	
			$	14,155,000.00	$	13,200,390.63	$	28,053,543.75	

Rolling Oaks
Community Development District Proposed Budget
Debt Service Fund Series 2018

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Assessments	$	897,697	$	798,731	$	98,966	$	897,697	$	897,697	
Interest	$	34,624	$	26,268	$	8,756	$	35,023	$	17,512	
Carry Forward Surplus	$	855,565	$	857,536	$	-	$	857,536	$	899,204	
Total Revenues	$ 1,787,886	$ 1,682,535	$	107,722	$ 1,790,257	$ 1,814,413	

Expenditures						
Interest - 11/01	$	326,013	$	326,013	$	-	$	326,013	$	320,041	
Principal - 11/01	$	245,000	$	245,000	$	-	$	245,000	$	255,000	
Interest - 05/01	$	320,041	$	-	$	320,041	$	320,041	$	313,825	
Total Expenditures	$	891,053	$	571,013	$	320,041	$	891,053	$	888,866	
						
Excess Revenues/(Expenditures)	$	896,833	$  1,111,522	$	(212,318)	$	899,204	$	925,547	
				
Principal 11/1/27	
$	270,000	
Interest 11/1/27  $	313,825 
Total	$	583,825

Unit Type	Units		Gross Per Unit	Total	
Single Family	162	$	2,394	$	387,766	
Condo	300	$	1,891	$	567,231	
Less: Discount/Collection (6%)			$	(57,300)	
Net Annual Assessment			$	897,697	

Rolling Oaks Community Development District Series 2018 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	11,815,000.00	$	255,000.00	$	320,040.63	$	895,081.25	
05/01/27	$	11,560,000.00	$	-	$	313,825.00			
11/01/27	$	11,560,000.00	$	270,000.00	$	313,825.00	$	897,650.00	
05/01/28	$	11,290,000.00	$	-	$	307,243.75			
11/01/28	$	11,290,000.00	$	280,000.00	$	307,243.75	$	894,487.50	
05/01/29	$	11,010,000.00	$	-	$	300,418.75			
11/01/29	$	11,010,000.00	$	295,000.00	$	300,418.75	$	895,837.50	
05/01/30	$	10,715,000.00	$	-	$	292,490.63			
11/01/30	$	10,715,000.00	$	310,000.00	$	292,490.63	$	894,981.25	
05/01/31	$	10,405,000.00	$	-	$	284,159.38			
11/01/31	$	10,405,000.00	$	325,000.00	$	284,159.38	$	893,318.75	
05/01/32	$	10,080,000.00	$	-	$	275,425.00			
11/01/32	$	10,080,000.00	$	345,000.00	$	275,425.00	$	895,850.00	
05/01/33	$	9,735,000.00	$	-	$	266,153.13			
11/01/33	$	9,735,000.00	$	365,000.00	$	266,153.13	$	897,306.25	
05/01/34	$	9,370,000.00	$	-	$	256,343.75			
11/01/34	$	9,370,000.00	$	380,000.00	$	256,343.75	$	892,687.50	
05/01/35	$	8,990,000.00	$	-	$	246,131.25			
11/01/35	$	8,990,000.00	$	405,000.00	$	246,131.25	$	897,262.50	
05/01/36	$	8,585,000.00	$	-	$	235,246.88			
11/01/36	$	8,585,000.00	$	425,000.00	$	235,246.88	$	895,493.75	
05/01/37	$	8,160,000.00	$	-	$	223,825.00			
11/01/37	$	8,160,000.00	$	450,000.00	$	223,825.00	$	897,650.00	
05/01/38	$	7,710,000.00	$	-	$	211,731.25			
11/01/38	$	7,710,000.00	$	470,000.00	$	211,731.25	$	893,462.50	
05/01/39	$	7,240,000.00	$	-	$	199,100.00			
11/01/39	$	7,240,000.00	$	495,000.00	$	199,100.00	$	893,200.00	
05/01/40	$	6,745,000.00	$	-	$	185,487.50			
11/01/40	$	6,745,000.00	$	525,000.00	$	185,487.50	$	895,975.00	
05/01/41	$	6,220,000.00	$	-	$	171,050.00			
11/01/41	$	6,220,000.00	$	550,000.00	$	171,050.00	$	892,100.00	
05/01/42	$	5,670,000.00	$	-	$	155,925.00			
11/01/42	$	5,670,000.00	$	585,000.00	$	155,925.00	$	896,850.00	
05/01/43	$	5,085,000.00	$	-	$	139,837.50			
11/01/43	$	5,085,000.00	$	615,000.00	$	139,837.50	$	894,675.00	
05/01/44	$	4,470,000.00	$	-	$	122,925.00			
11/01/44	$	4,470,000.00	$	650,000.00	$	122,925.00	$	895,850.00	
05/01/45	$	3,820,000.00	$	-	$	105,050.00			
11/01/45	$	3,820,000.00	$	685,000.00	$	105,050.00	$	895,100.00	
05/01/46	$	3,135,000.00	$	-	$	86,212.50			
11/01/46	$	3,135,000.00	$	720,000.00	$	86,212.50	$	892,425.00	
05/01/47	$	2,415,000.00	$	-	$	66,412.50			
11/01/47	$	2,415,000.00	$	760,000.00	$	66,412.50	$	892,825.00	
05/01/48	$	1,655,000.00	$	-	$	45,512.50			
11/01/48	$	1,655,000.00	$	805,000.00	$	45,512.50	$	896,025.00	
05/01/49	$	850,000.00	$	-	$	23,375.00			
11/01/49	$	850,000.00	$	850,000.00	$	23,375.00	$	896,750.00	
							
$
$	
-
-	
			$	12,060,000.00	$	10,319,868.75	$	22,379,868.75	

Rolling Oaks
Community Development District Proposed Budget
Debt Service Fund Series 2022

Description

Adopted
Budget FY2026

Actuals
Thru 2/28/26

Projected Next
7 Months

Total
Thru 9/30/26

Proposed
Budget FY2027

Revenues

Assessments Interest
Carry Forward Surplus	$	576,163
$	16,315
$	345,077	$	-
$	12,949
$	342,980	$	576,163
$	4,316
$	-	$	576,163
$	17,266
$	342,980	$	576,163
$	8,633
$	357,325	
Total Revenues	$	937,555	$	355,929	$	580,479	$	936,409	$	942,121	

Expenditures

Interest - 11/01 Principal - 05/01 Interest - 05/01	

$	237,044
$	105,000
$	237,044	

$	237,044
$	-
$	-	

$	-
$	105,000
$	237,044	

$	237,044
$	105,000
$	237,044	

$	234,091
$	110,000
$	234,091	
Total Expenditures	$	579,088	$	237,044	$	342,044	$	579,088	$	578,181	
						
Excess Revenues/(Expenditures)	$	358,468	$	118,889	$	238,436	$	357,325	$	363,939	
				
Interest 11/1/27	
$	230,997	

Unit Type	Units		Gross Per Unit	Total	
Condo	345	$	1,777.64	$	612,939	
Less: Discount/Collection (6%)			$	36,776	
Net Annual Assessment			$	576,163	

Rolling Oaks Community Development District Series 2022 Special Assessment Bonds
Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/26	$	7,000,000.00	$	-	$	234,090.63	$	576,134.38	
05/01/27	$	7,000,000.00	$	110,000.00	$	234,090.63	$	-	
11/01/27	$	7,000,000.00	$	-	$	230,996.88	$	575,087.50	
05/01/28	$	7,000,000.00	$	115,000.00	$	230,996.88	$	-	
11/01/28	$	7,000,000.00	$	-	$	227,762.50	$	573,759.38	
05/01/29	$	7,000,000.00	$	120,000.00	$	227,762.50	$	-	
11/01/29	$	7,000,000.00	$	-	$	224,387.50	$	572,150.00	
05/01/30	$	7,000,000.00	$	130,000.00	$	224,387.50	$	-	
11/01/30	$	4,510,000.00	$	-	$	220,325.00	$	574,712.50	
05/01/31	$	4,510,000.00	$	135,000.00	$	220,325.00	$	-	
11/01/31	$	4,510,000.00	$	-	$	216,106.25	$	571,431.25	
05/01/32	$	4,510,000.00	$	145,000.00	$	216,106.25	$	-	
11/01/32	$	4,510,000.00	$	-	$	211,575.00	$	572,681.25	
05/01/33	$	4,510,000.00	$	155,000.00	$	211,575.00	$	-	
11/01/33	$	4,510,000.00	$	-	$	206,731.25	$	573,306.25	
05/01/34	$	4,510,000.00	$	165,000.00	$	206,731.25	$	-	
11/01/34	$	4,510,000.00	$	-	$	201,575.00	$	573,306.25	
05/01/35	$	4,510,000.00	$	175,000.00	$	201,575.00	$	-	
11/01/35	$	4,510,000.00	$	-	$	196,106.25	$	572,681.25	
05/01/36	$	4,510,000.00	$	185,000.00	$	196,106.25	$	-	
11/01/36	$	4,510,000.00	$	-	$	190,325.00	$	571,431.25	
05/01/37	$	4,510,000.00	$	200,000.00	$	190,325.00	$	-	
11/01/37	$	4,510,000.00	$	-	$	184,075.00	$	574,400.00	
05/01/38	$	4,510,000.00	$	210,000.00	$	184,075.00	$	-	
11/01/38	$	4,510,000.00	$	-	$	177,512.50	$	571,587.50	
05/01/39	$	4,510,000.00	$	225,000.00	$	177,512.50	$	-	
11/01/39	$	4,510,000.00	$	-	$	170,481.25	$	572,993.75	
05/01/40	$	4,510,000.00	$	240,000.00	$	170,481.25	$	-	
11/01/40	$	4,510,000.00	$	-	$	162,981.25	$	573,462.50	
05/01/41	$	4,510,000.00	$	255,000.00	$	162,981.25	$	-	
11/01/41	$	4,510,000.00	$	-	$	155,012.50	$	572,993.75	
05/01/42	$	4,510,000.00	$	270,000.00	$	155,012.50	$	-	
11/01/42	$	4,510,000.00	$	-	$	146,575.00	$	571,587.50	
05/01/43	$	4,510,000.00	$	290,000.00	$	146,575.00	$	-	
11/01/43	$	4,220,000.00	$	-	$	137,150.00	$	573,725.00	
05/01/44	$	4,220,000.00	$	310,000.00	$	137,150.00	$	-	
11/01/44	$	3,910,000.00	$	-	$	127,075.00	$	574,225.00	
05/01/45	$	3,910,000.00	$	330,000.00	$	127,075.00	$	-	
11/01/45	$	3,580,000.00	$	-	$	116,350.00	$	573,425.00	
05/01/46	$	3,580,000.00	$	355,000.00	$	116,350.00	$	-	
11/01/46	$	3,225,000.00	$	-	$	104,812.50	$	576,162.50	
05/01/47	$	3,225,000.00	$	375,000.00	$	104,812.50	$	-	
11/01/47	$	2,850,000.00	$	-	$	92,625.00	$	572,437.50	
05/01/48	$	2,850,000.00	$	400,000.00	$	92,625.00	$	-	
11/01/48	$	2,450,000.00	$	-	$	79,625.00	$	572,250.00	
05/01/49	$	2,450,000.00	$	430,000.00	$	79,625.00	$	-	
11/01/49	$	2,020,000.00	$	-	$	65,650.00	$	575,275.00	
05/01/50	$	2,020,000.00	$	455,000.00	$	65,650.00	$	-	
11/01/50	$	1,565,000.00	$	-	$	50,862.50	$	571,512.50	
05/01/51	$	1,565,000.00	$	490,000.00	$	50,862.50	$	-	
11/01/51	$	1,075,000.00	$	-	$	34,937.50	$	575,800.00	
05/01/52	$	1,075,000.00	$	520,000.00	$	34,937.50	$	-	
11/01/52	$	555,000.00	$	-	$	18,037.50	$	572,975.00	
05/01/53	$	555,000.00	$	555,000.00	$	18,037.50	$	573,037.50	
			$	7,545,000.00	$	10,019,484.74	$	17,654,484.74