Avenir	
Community Development District	

Proposed Budget	
Fiscal Year 2024/2025	
October 1, 2024 - September 30, 2025	

CONTENTS

I	PROPOSED BUDGET	

II	DETAILED PROPOSED BUDGET	

III	DETAILED PROPOSED CLUBHOUSE BUDGET	

IV	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2018)	

V	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2019)	

VI	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2020)	

VII	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2021)	

VIII	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2023)	

IX	DETAILED PROPOSED DEBT SERVICE BUDGET (SERIES 2024)	

X	ASSESSMENT COMPARISON - PARCELS A-1 - A-5	

XI	ASSESSMENT COMPARISON - PARCELS A-6 - A-9	

XII	ASSESSMENT COMPARISON - PARCELS A-10 - A-21	

PROPOSED BUDGET
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR	
	2024/2025	
	BUDGET	
O&M Assessments	4,965,806	
Clubhouse Assessments	1,739,655	
Total Regular Debt Assessments	15,595,194	
Total Cap I + B Bond Debt Assess	1,809,035	
Landowner Contribution - O&M	0	
Landowner Contribution - Clubhouse	0	
Landowner Contribution - Debt	0	
Impact Fees	6,484,553	
Bond Prepayments	0	
Bond Prepayments - Sent to Trustee	0	
O&M Interest & Other Income	1	
Clubhouse Interest & Other Income	55,000	
		
TOTAL REVENUES	$	30,649,244	
		
EXPENDITURES		
Supervisor Fees	3,840	
Supervisor Fees Taxes	308	
Engineering/Inspections	20,000	
Management	56,285	
Legal	48,000	
Assessment Roll	6,000	
Audit Fees	13,700	
Arbitrage Rebate Fee	4,200	
Insurance	66,000	
Legal Advertisements	5,000	
Miscellaneous	2,000	
Postage	750	
Office Supplies	2,000	
Dues & Subscriptions	175	
Trustee Fees	35,000	
Continuing Disclosure Fee	3,000	
Website Management	1,600	
Appraisal Fee	0	
Infrastructure Maintenance	100,000	
Miscellaneous Maintenance	50,000	
Base Landscape Maintenance	1,310,000	
Optional Landscape Maintenance	350,000	
Irrigation Maintenance	140,000	
Lake Maintenance	250,000	
Littorals	75,000	
Fountain Maintenenace	100,000	
Stormwater / Lake Water Control	0	
Street Sweeping / Pressure Washing	200,000	
Mitigation Maintenance	720,000	
Trail Maintenance	0	
Wild Hog Control	0	
Pump Station Maintenance / Fuel	100,000	
Electric (FPL) (Including Streetlight)	650,000	
Water (Seacoast)	150,000	
Field Operations	55,000	
Contingency	150,000	
		
Clubhouse Total Expenditures	1,690,276	
		
TOTAL EXPENDITURES	$	6,358,134	
		
REVENUES LESS EXPENDITURES	$	24,291,110	
		
Bond Payments - Series 2018	(2,995,460)	
Bond Payments - Series 2019	(1,278,335)	
Bond Payments - Series 2020 (IF)	(6,484,553)	
Bond Payments - Series 2021	(4,850,154)	
Bond Payments - Series 2023	(6,583,756)	
Bond Payments - Series 2024	(760,813)	
		
BALANCE	$	2,098,852	
		
County Appraiser & Tax Collector Fee	(446,013)	
Discounts For Early Payments	(892,026)	
		
EXCESS/ (SHORTFALL)	$	760,813	

DETAILED PROPOSED BUDGET
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	
FISCAL YEAR	
FISCAL YEAR	
FISCAL YEAR	

COMMENTS	
	2022/2023	2023/2024	2024/2025		
	ACTUAL	BUDGET	BUDGET		
O&M Assessments	1,974,787	3,865,793	4,965,806	Total Regular Expenses / .94	
Clubhouse Assessments	1,609,282	1,745,718	1,739,655	Total CH Expenses - Revenue / .94	
Total Regular Debt Assessments	5,105,569	10,802,375	15,595,194		
Total Cap I + B Bond Debt Assess	16,619,616	4,404,531	1,809,035		
Landowner Contribution - O&M	295,000	0	0		
Landowner Contribution - Clubhouse	0	0	0		
Landowner Contribution - Debt	0	0	0		
Impact Fees	5,550,148	5,582,400	6,484,553	Estimated	
Bond Prepayments	0	0	0		
Bond Prepayments - Sent to Trustee	0	0	0		
O&M Interest & Other Income	40,083	0	1		
Clubhouse Interest & Other Income	42,292	69,000	55,000	Rental 30,000 + Memb 25,000	
					
TOTAL REVENUES	$ 31,236,776	$  26,469,817	$  30,649,244		
					
EXPENDITURES					
Supervisor Fees	0	0	3,840		
Supervisor Fees Taxes	0		308		
Engineering/Inspections	0	15,000	20,000		
Management	52,820	54,645	56,285	CPI Adjustment	
Legal	47,545	48,000	48,000		
Assessment Roll	6,000	6,000	6,000		
Audit Fees	6,187	6,600	13,700	Increase due to Additional Bonds	
Arbitrage Rebate Fee	3,675	3,025	4,200		
Insurance	20,453	30,000	66,000	Insurance Estimate	
Legal Advertisements	4,867	3,300	5,000		
Miscellaneous	5,256	2,000	2,000		
Postage	511	750	750		
Office Supplies	2,380	3,500	2,000		
Dues & Subscriptions	175	175	175		
Trustee Fees	17,500	31,500	35,000		
Continuing Disclosure Fee	2,750	2,750	3,000		
Website Management	1,600	1,600	1,600		
Appraisal Fee	0	0	0		
Infrastructure Maintenance	39,699	100,000	100,000		
Miscellaneous Maintenance	24,157	80,000	50,000		
Base Landscape Maintenance	706,000	775,000	1,310,000		
Optional Landscape Maintenance	149,273	350,000	350,000		
Irrigation Maintenance	38,693	50,000	140,000		
Lake Maintenance	61,007	250,000	250,000		
Littorals	0	75,000	75,000		
Fountain Maintenenace	89,735	50,000	100,000		
Stormwater / Lake Water Control	159,257	0	0	Pumps	
Street Sweeping / Pressure Washing	72,100	100,000	200,000		
Mitigation Maintenance	88,000	720,000	720,000		
Trail Maintenance	0	5,000	0		
Wild Hog Control	0	15,000	0		
Pump Station Maintenance / Fuel	25,960	100,000	100,000		
Electric (FPL) (Including Streetlight)	407,823	400,000	650,000	Streetlight & electric	
Water (Seacoast)	143,572	150,000	150,000		
Field Operations	0	55,000	55,000		
Contingency	0	150,000	150,000		
					
Clubhouse Total Expenditures	1,306,864	1,709,975	1,690,276		
					
TOTAL EXPENDITURES	$  3,483,858	$	5,343,820	$	6,358,134		
					
REVENUES LESS EXPENDITURES	$ 27,752,918	$  12,092,893	$  24,291,110		
					
Bond Payments - Series 2018	(5,656,810)	(3,000,462)	(2,995,460)	2025 P & I Payments Less Earned Interest	
Bond Payments - Series 2019	(3,409,944)	(1,428,335)	(1,278,335)	2025 P & I Payments Less Earned Interest	
Bond Payments - Series 2020 (IF)	(5,550,148)	(5,582,400)	(6,484,553)	Estimated	
Bond Payments - Series 2021	(12,502,562)	(4,880,154)	(4,850,154)	2025 P & I Payments Less Earned Interest	
Bond Payments - Series 2023	0	(5,249,813)	(6,583,756)	2025 P & I Payments Less Earned Interest	
Bond Payments - Series 2024	0	0	(760,813)	2025 P & I Payments Less Earned Interest	
					
BALANCE	$	633,454	$	861,237	$	1,338,039		
					
County Appraiser & Tax Collector Fee	(29,584)	(328,278)	(446,013)		
Discounts For Early Payments	(212,402)	(656,555)	(892,026)		
					
EXCESS/ (SHORTFALL)	$	391,469	$	-	$	-		

DETAILED PROPOSED CLUBHOUSE BUDGET
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

EXPENDITURES	FISCAL YEAR	FISCAL YEAR	FISCAL YEAR	

COMMENTS	
	2022/2023	2023/2024	2024/2025		
	ACTUAL	BUDGET	BUDGET		
					
Supervisor Fees	0	0	960		
Supervisor Fees Taxes	0		77		
Connect Water Fee	0	0	0		
CDD Management	8,000	8,000	8,000		
Legal	11,886	12,000	12,000		
Assessment Roll	1,500	1,500	1,500		
Audit Fees	1,313	1,400	1,600		
Arbitrage Rebate Fee	225	225	225		
Legal Advertisements	1,710	1,200	1,500		
Trustee Fees	3,500	3,500	3,500		
Continuing Disclosure Fee	250	250	250		
Website Management	400	400	400		
CH Management/personnel	570,258	686,000	758,801		
Uniforms	1,717	4,000	4,000		
Licenses/Permits	950	5,000	5,000		
Insurance	60,627	70,000	55,000		
Post / Print / Office Sup	7,329	9,000	9,000		
IT / Telecom	8,942	20,000	20,000		
HVAC Maint & Repair	3,002	12,000	12,000		
Janitorial	2,674	13,500	11,000		
Misc Repair & Maint	48,676	60,000	60,000		
Pest Control	14,668	18,000	18,000		
Fire/ Life/ Hood -Safe Sys	9,605	6,000	8,000		
Fitness Equip	6,377	4,000	4,000		
Vehicle Lease & Maint	0	1,500	5,000		
Holiday Decorations	3,567	15,000	15,000		
Cable / Music Services	2,238	3,000	3,000		
Trash Removal	2,985	6,000	6,000		
Gas	25,424	50,000	50,000		
Electricity	38,078	50,000	50,000		
Water & Sewer	35,234	40,000	40,000		
Irrigation Water	12,459	13,000	10,000		
Security / Camera Surveillance	87,577	90,000	90,000		
Electronic Access Control	3,739	5,000	10,000		
Surveillance Repair & Main	0	3,000	0		
Landscape Maint Contract	73,296	90,000	80,000		
Landscape Other / Irrigation	56,654	100,000	40,000		
Pool Chemicals	51,244	55,000	55,000		
Pool Maintenance Agreement	32,500	32,500	32,500		
Pool Repair & Misc Maint	4,492	25,000	25,000		
Tennis & Pickle Court Main	7,763	15,000	15,000		
Furniture Repair & Maint	0	5,000	5,000		
Social Programs	87,403	75,000	90,000		
Restaurant Expenses	0	0	0		
Deficit Funding F&B Operat	0	0	0		
Other / Capital Expenses	18,600	100,000	75,000		
					
TOTAL EXPENDITURES	$	1,306,864	$	1,709,975	$	1,690,276		

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2018
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Interest Income	104,696	200	200	Projected Interest	
Net NAV Collection 2018-1	2,346,705	2,098,851	2,098,851	Maximum Net Debt Service Collection	

Net Collection 2018-2 (Taxable & Tax-Exempt)	3,096,734	89,750	84,748	Estimate - Collected from Developer / Home Builder	
Net NAV Collection 2018-3	884,566	811,861	811,861	Maximum Net Debt Service Collection	
Landowner Contribution	0	0	0		
Prepaid Bond Collections	28,694	0	0		
Total Revenues	$	6,461,395	$	3,000,662	$	2,995,660		
					
EXPENDITURES					
Principal Payments 2018-1	490,000	520,000	545,000	Principal Payment Due In 2024	
Principal Payments 2018-2 Taxable	2,275,000	0	0	Bonds Paid off as lots sold to Homebuilder	
Principal Payments 2018-2 TE	580,000	0	0	Bonds Paid off as lots sold to Homebuilder	
Principal Payments 2018-3	200,000	185,000	200,000	Principal Payment Due In 2024	
Interest Payments 2018-1	1,621,950	1,580,700	1,551,413	Interest Payments Due In 2024	
Interest Payments 2018-2 Taxable	226,730	71,500	71,000	Estimated Interest Payments Due In 2024	
Interest Payments 2018-2 TE	43,144	18,250	13,748	Estimated Interest Payments Due In 2024	
Interest Payments 2018-3	638,322	622,581	610,075	Interest Payments Due In 2024	
Bond Redemptions	0	2,631	4,425	Estimated Excess Debt Collections	
Total Expenditures	$	6,075,146	$	3,000,662	$	2,995,660		
					
Excess/ (Shortfall)	$	386,250	$	-	$	-		

Series 2018-1 Bond Information	
Original Par Amount =	$31,500,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	5.50%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	May 2018			
Maturity Date =	May 2049			

Series 2018-2 Taxable Bond Information	
Original Par Amount =	$18,445,000	Annual Principal Payments Due =	Paid as Lots Sold to Home Builders	
Interest Rate =	7.90%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	May 2018			
Maturity Date =	May 2029	NOTE: These Bonds are paid off as lot are sold to	Home Builders	

Series 2018-2 Tax Exempt (TE) Bond Information	
Original Par Amount =	$4,700,000	Annual Principal Payments Due =	Paid as Lots Sold to Home Builders	
Interest Rate =	5.85%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	May 2018			
Maturity Date =	May 2029	NOTE: These Bonds are paid off as lot are sold to	Home Builders	

Series 2018-3 Bond Information	
Original Par Amount =	$11,565,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	5.75%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =
Maturity Date =	May 2018
May 2049			

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2019
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Interest Income	59,908	200	200	Projected Interest	
Net NAV Tax Collection	894,931	1,078,335	1,078,335	Maximum Net Debt Service Collection	
Net NAV Tax Collection B	2,535,666	350,000	200,000	
Estimate - Collected from Developer / Home Builder	
Landowner Contribution	0	0	0		
Prepaid Bonds	101,589	0	0		
Total Revenues	$	3,592,094	$	1,428,535	$	1,278,535		
					
EXPENDITURES					
Principal Payments	330,000	245,000	255,000	Principal Payments Due In 2024	
Principal Payments B	2,170,000	0	0		
Interest Payments	853,160	835,660	810,740	Interest Payments Due In 2024	
Interest Payments B	335,128	350,000	200,000	Estimated Interest Payments Due in 2024	
Bond Redemptions	0	-2,125	12,795	Estimated Excess Debt Collections	
Total Expenditures	$	3,688,288	$	1,428,535	$	1,278,535		
					
Excess/ (Shortfall)	$	(96,194)	$	-	$	-		

Series 2019 Bond Information	
Original Par Amount =	$15,700,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date =
Maturity Date =	5.60%
April 2019
May 2050	Annual Interest Payments Due =	May 1st & November 1st	

Series 2019 B Taxable Bond Information	
Original Par Amount =	$2,200,000	Annual Principal Payments Due =	Paid as Lots Sold to Home Builders	
Interest Rate = Issue Date =
Maturity Date =	6.875%
December 2019
May 2029	Annual Interest Payments Due =	May 1st & November 1st	

Series 2019 B Tax Exempt (TE) Bond Information	
Original Par Amount =	$4,300,000	Annual Principal Payments Due =	Paid as Lots Sold to Home Builders	
Interest Rate = Issue Date =
Maturity Date =	5.250%
December 2019
May 2029	Annual Interest Payments Due =	May 1st & November 1st	

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2020
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR	
FISCAL YEAR	
FISCAL YEAR	

COMMENTS	
	2022/2023	2023/2024	2024/2025		
	ACTUAL	BUDGET	BUDGET		
Interest Income	53,729	0	0	Projected Interest	
Impact Fees	5,553,652	5,582,400	6,484,553	Paid As Impact Fee Credits Are Earned	
					
Total Revenues	$	5,607,381	$	5,582,400	$	6,484,553		
					
EXPENDITURES					
Impact Fee Principal Payments	3,851,000	4,535,000	5,622,000	Principal Payments Happen Based on Collections	
Impact Fee Interest Payments	1,002,416	1,047,400	862,553	Estimated Interest Payments Due In 2024	

Total Expenditures	$	4,853,416	$	5,582,400	$	6,484,553		
					
Excess/ (Shortfall)	$	753,964	$	-	$	-		

Original Par Amount =	
Interest Rate =	
Issue Date =	
Maturity Date =	

Series 2020 Bond Information	
$22,600,000	Annual Principal Payments Due =	Paid as Impact Fee Credits Are Earned	
4.75%	Annual Interest Payments Due =	May 1st & November 1st	
July 2020			
November 2050			

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2021
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Interest Income	252,388	200	200	Projected Interest	
Net NAV Collection 2021 A-1 & A-2	2,953,960	3,999,654	3,999,654	Maximum Net Debt Service Collection	
Net Collection 2021 B	13,054,382	880,500	850,500	Maximum Net Debt Service Collection	
Landowner Contribution	0	0	0		
Capitalized Interest	0	0	0		
Total Revenues	$	16,260,730	$	4,880,354	$	4,850,354		
					
EXPENDITURES					
Principal Payments 2021 A-1	600,000	590,000	605,000	Principal Payment Due In 2024	
Principal Payments 2021 A-2	600,000	595,000	625,000	Principal Payment Due In 2024	
Principal Payments 2021 B	11,700,000	0	0	Bonds Paid off as lots sold to Homebuilder	
Interest Payments 2021 A-1	862,572	842,798	829,354	Interest Payments Due In 2024	
Interest Payments 2021 A-2	2,014,830	1,970,718	1,938,916	Interest Payments Due In 2024	
Interest Payments 2021 B	1,502,688	880,500	850,500	Estimated Interest Payments Due In 2024	
Bond Redemptions	0	1,338	1,585	Estimated Excess Debt Collections	
Total Expenditures	$	17,280,089	$	4,880,354	$	4,850,354		
					
Excess/ (Shortfall)	$	(1,019,359)	$	-	$	-		

Series 2021 A-1 Bond Information	
Original Par Amount =	$27,305,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.299%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	September 2021			
Maturity Date =	May 2052			

Series 2021 A-2 Bond Information	
Original Par Amount =	$39,305,000	Annual Principal Payments Due =	Paid as Lots Sold to Home Builders	
Interest Rate =	5.125%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	September 2021			
Maturity Date =	May 2052			

Series 2021 B Bond Information	
Original Par Amount =	$29,160,000	Annual Principal Payments Due =	N/A	
Interest Rate =	5.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =
Maturity Date =	September 2021
May 2041			

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2023
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Interest Income	0	200	200	Projected Interest	
Net NAV Collection 2023	0	2,165,531	5,445,825	Maximum Net Debt Service Collection	
Net NAV Collection 2023 TC	0	0	1,137,931	Maximum Net Debt Service Collection	
Landowner Contribution	0	0	0		
Capitalized Interest	3,607,411	3,084,281	0		
Total Revenues	$	3,607,411	$	5,250,013	$	6,583,956		
					
EXPENDITURES					
Principal Payments 2023	0	0	1,140,000	Principal Payment Due In 2025	
Principal Payments 2023 TC	0	0	0	Principal Payment Due In 2025	
Interest Payments 2023	3,260,328	4,331,063	4,305,413	Interest Payments Due In 2025	
Interest Payments 2023 TC	347,083	918,750	918,750	Interest Payments Due In 2025	
Bond Redemptions	0	200	219,794	Estimated Excess Debt Collections	
Total Expenditures	$	3,607,411	$	5,250,013	$	6,583,956		
					
Excess/ (Shortfall)	$	-	$	-	$	-		

Series 2023 Bond Information	
Original Par Amount =	$79,750,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date =
Maturity Date =	5.537%
January 2023
May 2054	Annual Interest Payments Due =	May 1st & November 1st	

Series 2023 Town Center Bond Information	
Original Par Amount =	$15,000,000	Annual Principal Payments Due =	May 1st	
Interest Rate =
Issue Date = Maturity Date =	6.125%
June 2023
May 2054	Annual Interest Payments Due =	May 1st & November 1st	

DETAILED PROPOSED DEBT SERVICE FUND BUDGET - SERIES 2024
AVENIR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	FISCAL YEAR 2022/2023 ACTUAL	FISCAL YEAR 2023/2024 BUDGET	FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Interest Income	0	0	200	Projected Interest	
Net NAV Collection 2024 A	0	0	87,225	Maximum Net Debt Service Collection	
Net NAV Collection 2024 B	0	0	0	Maximum Net Debt Service Collection	
Landowner Contribution	0	0	0		
Capitalized Interest	0	0	673,788		
Total Revenues	$	-	$	-	$	761,213		
					
EXPENDITURES					
Principal Payments 2024 A	0	0		Principal Payment Due In 2024	
Principal Payments 2024 B	0	0	0	Principal Payment Due In 2024	
Interest Payments 2024 A	0	0	174,450	Interest Payments Due In 2024	
Interest Payments 2024 B	0	0	586,563	Interest Payments Due In 2024	
Bond Redemptions	0	0	200	Estimated Excess Debt Collections	
Total Expenditures	$	-	$	-	$	761,213		
					
Excess/ (Shortfall)	$	-	$	-	$	-		

Series 2024 A Bond Information	
Original Par Amount =	$3,000,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date =
Maturity Date =	5.815%
April 2024
May 2055	Annual Interest Payments Due =	May 1st & November 1st	

Series 2024 B Bond Information	
Original Par Amount =	$9,385,000	Annual Principal Payments Due =	May 1st	
Interest Rate =
Issue Date = Maturity Date =	6.250%
April 2024
May 2055	Annual Interest Payments Due =	May 1st & November 1st	

Lot Count Information

Total Third Phase

2,763

O&M Calculations

Total Gross O&M Expenses / Total O&M Units =

O&M per Unit

$1,085.45

Total Gross Clubhouse Operation Expenses / Total Clubhouse Units =

Clubhouse Operation per Unit

$1,481.82

Note: Parcel A-5, Econ Dev, Town Center, and Phase 3 are Not Assessed For Clubhouse Assessment - They Receives No Special Benefit

First Phase		
Parcel A-1	98	
Parcel A-2	92	
Parcel A-3	119	
Parcel A-4	107	
Parcel A-5	267	
Parcel A-5	202	
SF Villas	250	
First Phase Residential	1,135	

Second Phase		
Parcel A-6	245	
Parcel A-7	47	
Parcel A-8	98	
Parcel A-9	118	
Total Second Phase	508	

Third Phase	
Parcel A-10	
Parcel A-11	
Parcel A-12	
Parcel A-13/14 125'	
Parcel A-13/14 175'	
Parcel A-15 50'	
Parcel A-15 62'	
Parcel A-16 50'	
Parcel A-16 60'	
Parcel A-17	
Parcel A-18	
Parcel A-19	
Parcel A-20 55'	
Parcel A-20 65'	
Parcel A-21	
Third Phase Residential	

172	
101	
139	
55	
24	
358	
204	
283	
208	
125	
104	
135	
75	
69	
128	
2,180	

Econ Dev (50 Acres)	82	
Town Center (53 Acres)	86.92	
First Phase Non-Residential	168.92	

Total First Phase	1,304	

Avenir Community Development District Assessment Comparison (Parcels A-1 - A-5)

Fiscal Year		Fiscal Year		Fiscal Year		Fiscal Year	
2021/2022		2022/2023		2023/2024		2024/2025	
Gross		Gross		Gross		Projected Gross	
Assessment		Assessment		Assessment		Assessment	
O&M Assessment For Parcel A-1 - Watermark	$	823.90		$	962.47		$	843.90		$1,085.45	
Clubhouse Operation Assessment For Parcel A-1	$	1,352.71		$	1,370.47		$	1,486.98		$	1,481.82	
Debt (2018-1) Assessment For Parcel A-1	$	2,077.13		$	2,077.13		$	2,077.13		$	2,077.13	
Debt (2018-3 Clubhouse) Assessment For Parcel A-1	$	742.00		$	742.00		$	742.00		$	742.00	
Total	$	4,995.74		$	5,152.07		$	5,150.01		$	5,386.40	

O&M Assessment For Parcel A-2 - LaTerre	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Parcel A-2	$	1,352.71		$	1,370.47		$	1,486.98		$	1,481.82	
Debt (2018-1) Assessment For Parcel A-2	$	1,982.71		$	1,982.71		$	1,982.71		$	1,982.71	
Debt (2018-3 Clubhouse) Assessment For Parcel A-2	$	742.00		$	742.00		$	742.00		$	742.00	
Total	$	4,901.32		$	5,057.65		$	5,055.59		$	5,291.98	

O&M Assessment For Parcel A-3 - Windgate	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Parcel A-3	$	1,352.71		$	1,370.47		$	1,486.98		$	1,481.82	
Debt (2018-1) Assessment For Parcel A-3	$	1,888.30		$	1,888.30		$	1,888.30		$	1,888.30	
Debt (2018-3 Clubhouse) Assessment For Parcel A-3	$	742.00		$	742.00		$	742.00		$	742.00	
Total	$	4,806.91		$	4,963.24		$	4,961.18		$	5,197.57	

O&M Assessment For Parcel A-4 - Coral Isles	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Parcel A-4	$	1,352.71		$	1,370.47		$	1,486.98		$	1,481.82	
Debt (2018-1) Assessment For Parcel A-4	$	2,171.54		$	2,171.54		$	2,171.54		$	2,171.54	
Debt (2018-3 Clubhouse) Assessment For Parcel A-4	$	742.00		$	742.00		$	742.00		$	742.00	
Total	$	5,090.15		$	5,246.48		$	5,244.42		$	5,480.81	

O&M Assessment For Parcel A-5 (50 Foot) - Regency	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Parcel A-5 (50 Foot)	$	-		$	-		$	-		$	-	
Debt (2018-1) Assessment For Parcel A-5 (50 Foot)	$	1,888.30		$	1,888.30		$	1,888.30		$	1,888.30	
Debt (2018-3 Clubhouse) Assessment For Parcel A-5 (50 Foot)	$	-		$	-		$	-		$	-	
Total	$	2,712.20		$	2,850.77		$	2,732.20		$	2,973.75	

O&M Assessment For Parcel A-5 (60 Foot)	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Parcel A-5 (60 Foot)	$	-		$	-		$	-		$	-	
Debt (2018-1) Assessment For Parcel A-5 (60 Foot)	$	1,982.71		$	1,982.71		$	1,982.71		$	1,982.71	
Debt (2018-3 Clubhouse) Assessment For Parcel A-5 (60 Foot)	$	-		$	-		$	-		$	-	
Total	$	2,806.61		$	2,945.18		$	2,826.61		$	3,068.16	

O&M Assessment For S.F. Villas	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For S.F. Villas	$	1,352.71		$	1,370.47		$	1,486.98		$	1,481.82	
Debt (2018-1) Assessment For S.F. Villas	$	1,063.83		$	1,063.83		$	1,063.83		$	1,063.83	
Debt (2018-3 Clubhouse) Assessment For S.F. Villas	$	742.00		$	742.00		$	742.00		$	742.00	
Total	$	3,982.44		$	4,138.77		$	4,136.71		$	4,373.10	

O&M Assessment For Econ Dev	$	823.90		$	962.47		$	843.90		$	1,085.45	
Clubhouse Operation Assessment For Econ Dev	$	-		$	-		$	-		$	-	
Debt (2018-1) Assessment For Econ Dev	$	2,127.66		$	2,127.66		$	2,127.66		$	2,127.66	
Debt (2018-3 Clubhouse) Assessment For Econ Dev	$	-		$	-		$	-		$	-	
Total	$	2,951.56		$	3,090.13		$	2,971.56		$	3,213.11	

O&M Assessment For Town Center - Total	$	823.90		$	962.47		$	843.90		$	94,347.31	
Debt (2018-1) Assessment For Town Center - Total	$	2,127.66		$	2,127.66		$	-		$	112,765.96	
Debt (2023 Towncenter) Assessment For Town Center - Total	$	-		$	-		$	2,127.66		$	1,210,565.00	
Total	$	2,951.56		$	3,090.13		$	2,971.56		$	1,417,678.27	

* Assessments Include the Following :		
4% Discount for Early Payments	
1% County Tax Collector Fee	
1% County Property Appraiser Fee	

Golf Course	
Charter School	
Comm Parcel "D"	
Comm Parcel "H"	
Comm Parcel "J"	
Third Phase Non-Residential	

356.81	
11.91	
159.80	
18.75	
35.67	
583	

TOTAL UNITS		
Phase 1	1,304	
Phase 2	508	
Phase 3	2,763	
Total Units	4,575	

$4,965,806	/	4,575	

TOTAL RESIDENTIAL UNITS		
Phase 1	1,135	
Phase 2	508	
Phase 3	2,180	
Total Units	3,823	

TOTALCLUBHOUSE UNITS		
Phase 1	666	
Phase 2	508	
Total Units	1,174	

$1,739,655	/	1,174	

Lot Count Information

Total Third Phase

2,763

O&M Calculations

Total Gross O&M Expenses / Total O&M Units =

O&M per Unit

$1,085.45

Total Gross Clubhouse Operation Expenses / Total Clubhouse Units =

Clubhouse Operation per Unit

$1,481.82

Note: Parcel A-5, Econ Dev, Town Center, and Phase 3 are Not Assessed For Clubhouse Assessment - They Receives No Special Benefit

First Phase		
Parcel A-1	98	
Parcel A-2	92	
Parcel A-3	119	
Parcel A-4	107	
Parcel A-5	267	
Parcel A-5	202	
SF Villas	250	
First Phase Residential	1,135	

Second Phase		
Parcel A-6	245	
Parcel A-7	47	
Parcel A-8	98	
Parcel A-9	118	
Total Second Phase	508	

Third Phase	
Parcel A-10	
Parcel A-11	
Parcel A-12	
Parcel A-13/14 125'	
Parcel A-13/14 175'	
Parcel A-15 50'	
Parcel A-15 62'	
Parcel A-16 50'	
Parcel A-16 60'	
Parcel A-17	
Parcel A-18	
Parcel A-19	
Parcel A-20 55'	
Parcel A-20 65'	
Parcel A-21	
Third Phase Residential	

172	
101	
139	
55	
24	
358	
204	
283	
208	
125	
104	
135	
75	
69	
128	
2,180	

Econ Dev (50 Acres)	82	
Town Center (53 Acres)	86.92	
First Phase Non-Residential	168.92	

Total First Phase	1,304	

Avenir Community Development District Assessment Comparison (Parcels A-6 - A-9)

O&M Assessment For Parcel A-6 - Pulte	
Clubhouse Operation Assessment For Parcel A-6	
Debt (2019) Assessment For Parcel A-6	
Debt (2018-3 Clubhouse) Assessment For Parcel A-6	
Total	

Fiscal Year	
2021/2022	
Gross	
Assessment	
$	823.90	
$	1,352.71	
$	2,322.00	
 $	742.00 	
$	5,240.61	

Fiscal Year	
2022/2023	
Gross	
Assessment	
$	962.47	
$	1,370.47	
$	2,322.00	
 $	742.00 	
$	5,396.94	

Fiscal Year	
2023/2024	
Gross	
Assessment	
$	843.90	
$	1,486.98	
$	2,322.00	
 $	742.00 	
$	5,394.88	

Fiscal Year	
2024/2025	
Projected Gross	
Assessment	
$	1,085.45	
$	1,481.82	
$	2,322.00	
 $	742.00 	
$	5,631.27	

O&M Assessment For Parcel A-7 - Pulte	$	823.90	
Clubhouse Operation Assessment For Parcel A-7	$	1,352.71	
Debt (2019) Assessment For Parcel A-7	$	2,554.00	
Debt (2018-3 Clubhouse) Assessment For Parcel A-7	 $	742.00 	
Total	$	5,472.61	

$	962.47	
$	1,370.47	
$	2,554.00	
 $	742.00 	
$	5,628.94	

$	843.90	
$	1,486.98	
$	2,554.00	
 $	742.00 	
$	5,626.88	

$	1,085.45	
$	1,481.82	
$	2,554.00	
 $	742.00 	
$	5,863.27	

O&M Assessment For Parcel A-8 - Pulte	$	823.90	
Clubhouse Operation Assessment For Parcel A-8	$	1,352.71	
Debt (2019) Assessment For Parcel A-8	$	2,554.00	
Debt (2018-3 Clubhouse) Assessment For Parcel A-8	 $	742.00 	
Total	$	5,472.61	

$	962.47	
$	1,370.47	
$	2,554.00	
 $	742.00 	
$	5,628.94	

$	843.90	
$	1,486.98	
$	2,554.00	
 $	742.00 	
$	5,626.88	

$	1,085.45	
$	1,481.82	
$	2,554.00	
 $	742.00 	
$	5,863.27	

O&M Assessment For Parcel A-9 - Solana	$	823.90	$	962.47	$	843.90	$	1,085.45	
Clubhouse Operation Assessment For Parcel A-9	$	1,352.71	$	1,370.47	$	1,486.98	$	1,481.82	
Debt (2019) Assessment For Parcel A-9	$	1,983.00	$	1,983.00	$	1,697.31	$	1,697.31	
Debt (2018-3 Clubhouse) Assessment For Parcel A-9	 $	742.00 	 $	742.00 	 $	742.00 	 $	742.00 	
Total	$	4,901.61	$	5,057.94	$	4,770.19	$	5,006.58	

* Assessments Include the Following :		
4% Discount for Early Payments	
1% County Tax Collector Fee	
1% County Property Appraiser Fee	

Golf Course	
Charter School	
Comm Parcel "D"	
Comm Parcel "H"	
Comm Parcel "J"	
Third Phase Non-Residential	

356.81	
11.91	
159.80	
18.75	
35.67	
583	

TOTAL UNITS		
Phase 1	1,304	
Phase 2	508	
Phase 3	2,763	
Total Units	4,575	

$4,965,806	/	4,575	

TOTAL RESIDENTIAL UNITS		
Phase 1	1,135	
Phase 2	508	
Phase 3	2,180	
Total Units	3,823	

TOTALCLUBHOUSE UNITS		
Phase 1	666	
Phase 2	508	
Total Units	1,174	

$1,739,655	/	1,174	

Lot Count Information

Total Third Phase

2,763

O&M Calculations

Total Gross O&M Expenses / Total O&M Units =

O&M per Unit

$1,085.45

First Phase		
Parcel A-1	98	
Parcel A-2	92	
Parcel A-3	119	
Parcel A-4	107	
Parcel A-5	267	
Parcel A-5	202	
SF Villas 	250	
First Phase Residential	1,135	

Second Phase		
Parcel A-6	245	
Parcel A-7	47	
Parcel A-8	98	
Parcel A-9	118	
Total Second Phase	508	

Third Phase	
Parcel A-10	
Parcel A-11	
Parcel A-12	
Parcel A-13/14 125'	
Parcel A-13/14 175'	
Parcel A-15 50'	
Parcel A-15 62'	
Parcel A-16 50'	
Parcel A-16 60'	
Parcel A-16 75'	
Parcel A-17	
Parcel A-18	
Parcel A-19	
Parcel A-20 55'	
Parcel A-20 65'	
Parcel A-21	
Third Phase Residential	

172	
101	
139	
55	
24	
358	
204	
296	
193	
2	
125	
104	
135	
75	
69	
128	
2,180	

Econ Dev (50 Acres)	82	
Town Center (53 Acres)	86.92	
First Phase Non-Residential	168.92	

Total First Phase	1,304	

Avenir Community Development District Assessment Comparison (Parcels A-10 - A-21)

O&M Assessment For Parcel A-10	
Debt (2021) Assessment For Parcel A-10	
Total	

Fiscal Year		Fiscal Year		Fiscal Year		Fiscal Year	
2021/2022		2022/2023		2023/2024		2024/2025	
Gross		Gross		Gross		Projected Gross	
Assessment		Assessment		Assessment		Assessment	
$	-		$	-		$	843.90		$	1,085.45	
$	-		$	2,845.00		$	2,845.00		$	2,845.00	
$	-		$	2,845.00		$	3,688.90		$	3,930.45	

O&M Assessment For Parcel A-11	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-11	$	-		$	3,176.00		$	3,176.00		$	3,176.00	
Total	$	-		$	3,176.00		$	4,019.90		$	4,261.45	

O&M Assessment For Parcel A-12 - Panther National	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-12	$	-		$	5,102.00		$	5,102.00		$	5,102.00	
Total	$	-		$	5,102.00		$	5,945.90		$	6,187.45	

O&M Assessment For Parcel A-13/14 125' - Panther National	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-13/14 125'	$	-		$	6,259.00		$	6,259.00		$	6,259.00	
Total	$	-		$	6,259.00		$	7,102.90		$	7,344.45	

O&M Assessment For Parcel A-13/14 175' - Panther National	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-13/14 175'	$	-		$	7,911.00		$	7,911.00		$	7,911.00	
Total	$	-		$	7,911.00		$	8,754.90		$	8,996.45	

O&M Assessment For Parcel A-15 50'	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-15 50'	$	-		$	1,889.00		$	1,889.00		$	1,889.00	
Total	$	-		$	1,889.00		$	2,732.90		$	2,974.45	

O&M Assessment For Parcel A-15 62'	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-15 62'	$	-		$	1,983.00		$	1,983.00		$	1,983.00	
Total	$	-		$	1,983.00		$	2,826.90		$	3,068.45	

O&M Assessment For Parcel A-16 50' - Kolter	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Parcel A-16 50'	$	-		$	-		$	5,670.00		$	3,457.00	
Total	$	-		$	-		$	6,513.90		$	4,542.45	

O&M Assessment For Parcel A-16 60' - Kolter	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Parcel A-16 60'	$	-		$	-		$	6,805.00		$	4,149.00	
Total	$	-		$	-		$	7,648.90		$	5,234.45	

O&M Assessment For Parcel A-16 75' - Kolter	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Parcel A-16 75'	$	-		$	-		$	7,373.00		$	5,186.00	
Total	$	-		$	-		$	8,216.90		$	6,271.45	

O&M Assessment For Parcel A-17	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Parcel A-17	$	-		$	-		$	3,176.00		$	7,373.00	
Total	$	-		$	-		$	4,019.90		$	8,458.45	

O&M Assessment For Parcel A-18 - Kenco	$	-		$	-		$	843.90		$	1,085.45	
Debt (2024) Assessment For Parcel A-18	$	-		$	3,176.00		$	7,373.00		$	2,208.00	
Total	$	-		$	3,176.00		$	8,216.90		$	3,293.45	

O&M Assessment For Parcel A-19	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Parcel A-19	$	-		$	-		$	1,935.00		$	7,373.00	
Total	$	-		$	-		$	2,778.90		$	8,458.45	

O&M Assessment For Parcel A-20 55' - Kolter	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-20 55'	$	-		$	1,935.00		$	2,030.00		$	1,935.00	
Total	$	-		$	1,935.00		$	2,873.90		$	3,020.45	

O&M Assessment For Parcel A-20 65' - Kolter	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-20 65'	$	-		$	2,030.00		$	3,176.00		$	2,030.00	
Total	$	-		$	2,030.00		$	4,019.90		$	3,115.45	

O&M Assessment For Parcel A-21	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Parcel A-21	$	-		$	3,176.00		$	295.00		$	3,176.00	
Total	$	-		$	3,176.00		$	1,138.90		$	4,261.45	

O&M Assessment For Golf Course	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Golf Course per Acre	$	-		$	295.00		$	2,247.00		$	295.00	
Total	$	-		$	295.00		$	3,090.90		$	1,380.45	

O&M Assessment For Charter School	$	-		$	-		$	843.90		$	1,085.45	
Debt (2021) Assessment For Charter School per Acre	$	-		$	2,247.00		$	7,044.00		$	2,247.00	
Total	$	-		$	2,247.00		$	7,887.90		$	3,332.45	

O&M Assessment For Commercial Parcel "D"	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Commercial Parcel "D"	$	-		$	-		$	1,481.00		$	7,044.00	
Total	$	-		$	-		$	2,324.90		$	8,129.45	

O&M Assessment For Commercial Parcel "H"	$	-		$	-		$	843.90		$	1,085.45	
Debt (2023) Assessment For Commercial Parcel "H"	$	-		$	-		$	7,044.00		$	1,481.00	
Total	$	-		$	-		$	7,887.90		$	2,566.45	

O&M Assessment For Commercial Parcel "J"	$	-		$	-		$	1,002.99		$	1,085.45	
Debt (2023) Assessment For Commercial Parcel "J"	$	-		$	-		$	7,044.00		$	7,044.00	
Total	$	-		$	-		$	8,046.99		$	8,129.45	

 * Assessments Include the Following :		
4% Discount for Early Payments	
1% County Tax Collector Fee	
1% County Property Appraiser Fee	

Golf Course	
Charter School	
Comm Parcel "D"	
Comm Parcel "H"	
Comm Parcel "J"	
Third Phase Non-Residential	

356.81	
11.91	
159.80	
18.75	
35.67	
583	

TOTAL UNITS		
Phase 1	1,304	
Phase 2	508	
Phase 3	2,763	
Total Units	4,575	

$4,965,806	/	4,575	

TOTAL RESIDENTIAL UNITS		
Phase 1	1,135	
Phase 2	508	
Phase 3	2,180	
Total Units	3,823