Remington

Community Development District

Adopted Budget

Fiscal Year 2019

Presented by:

	Table of Contents	
1-10	General Fund	
11	Pavement Management Fund	
12	Capital Projects Fund	
13	Debt Service Fund Series 2008-2	
14	Amortization Schedule Series 2008-2	

REMINGTON

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND BUDGET

Fiscal Year 2019

		ADOPTED		ACTUAL		PROJECTED		TOTAL		ADOPTED		
DESCRIPTION		BUDGET		THRU		NEXT		AS OF		BUDGET		
		FY 2018		6/30/18		3 MONTHS		9/30/18		FY 2019		
REVENUES	$	1,137,222	$	1,143,607	$	-	$	1,143,607	$	1,137,222		
Maintenance Assessment												
Miscellaneous Income	$	5,000	$	3,470	$	1,530	$	5,000	$	5,000		
Interest Income	$	1,900	$	1,566	$	630	$	2,196	$	1,900		
Carryforward	$	-	$	-	$	7,428	$	7,428	$	-		
TOTAL REVENUES	$	1,144,122		$1,148,643	$	9,588	$	1,158,231	$	1,144,122		
EXPENDITURES	$	12,000	$	7,800	$	3,000	$	10,800	$	12,000		
Administrative												
Supervisors Fees												
FICA	$	918	$	474	$	230	$	704	$	918		
Engineer	$	10,000	$	9,176	$	3,000	$	12,176	$	10,000		
Attorney	$	30,000	$	20,276	$	7,200	$	27,476	$	30,000		
Annual Audit	$	4,000	$	3,715	$	-	$	3,715	$	3,715		
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,000		
Property Appraiser Fee	$	1,000	$	704	$	-	$	704	$	1,000		
Management Fees	$	66,583	$	49,937	$	16,646	$	66,583	$	68,580		
Information Technology	$	1,600	$	1,200	$	400	$	1,600	$	1,600		
Trustee Fees	$	4,500	$	4,337	$	-	$	4,337	$	4,500		
Dissemination Agreement	$	1,000	$	750	$	250	$	1,000	$	1,000		
Arbitrage Rebate	$	600	$	450	$	-	$	450	$	450		
Telephone	$	200	$	-	$	-	$	-	$	200		
Postage	$	1,000	$	544	$	188	$	732	$	1,000		
Insurance	$	37,100	$	33,776	$	-	$	33,776	$	40,725		
Printing and Binding	$	2,000	$	645	$	300	$	945	$	1,500		
Newsletter	$	3,300	$	2,161	$	540	$	2,701	$	3,300		
Legal Advertising	$	1,500	$	189	$	1,311	$	1,500	$	1,500		
Office Supplies	$	500	$	199	$	75	$	274	$	500		
Dues, Licenses, Subscriptions	$	175	$	175	$	-	$	175	$	175		
Administrative Contingency	$	500	$	164	$	90	$	254	$	500		
SUBTOTAL ADMINISTRATIVE	$	183,476	$	141,672	$	33,230	$	174,902	$	188,163		
Operations and Maintenance												
Environmental	$	18,135	$	11,385	$	3,795	$	15,180	$	18,200		
Lake Maintenance												
Utilities	$	8,740	$	4,269	$	1,900	$	6,169	$	8,500		
Kissimmee Utility Authority												
Toho Water Authority	$	87,000	$	27,648	$	18,600	$	46,248	$	70,000		
Orlando Utilities Commission	$	20,312	$	12,036	$	4,500	$	16,536	$	20,500		
Centurylink	$	7,000	$	4,350	$	1,500	$	5,850	$	7,000		
Bright House Network	$	1,800	$	1,142	$	381	$	1,523	$	1,600		
Roadways	$	17,005	$	10,160	$	3,810	$	13,970	$	17,250		
Street Sweeping												
Drainage	$	5,000	$	7,468	$	2,300	$	9,768	$	5,000		
Signage	$	5,000	$	6,711	$	-	$	6,711	$	5,000		
Common Area	$	280,658		$201,429	$	67,143	$	268,572	$	280,000		
Landscaping			$									
Feature Lighting	$	3,000		342	$	200	$	542	$	3,000		
Irrigation	$	20,000	$	4,140	$	2,600	$	6,740	$	20,000		
Trash Receptacles & Benches	$	5,000	$	653	$	-	$	653	$	5,000		
Plant Replacement and Bed Enhancements	$	10,000	$	2,788	$	-	$	2,788	$	10,000		
Miscellaneous Common Area Services	$	10,000	$	32,501	$	-	$	32,501	$	10,000		
Soccer/Ball Field Maintenance	$	1,000	$	1,535	$	-	$	1,535	$	1,000		
Recreation Center	$	20,000		$8,135	$	4,200	$	12,335	$	20,000		
Pool Maintenance			$									
Pool Cleaning	$	7,852		5,400	$	1,800	$	7,200	$	8,000		
Pool Permits	$	550	$	525	$	-	$	525	$	550		
Recreation Center Cleaning	$	14,830	$	11,703	$	3,300	$	15,003	$	15,000		
Recreation Center Repairs & Maintenance	$	10,000	$	3,254	$	2,400	$	5,654	$	10,000		
Pest Control	$	672	$	652	$	-	$	652	$	700		
SUBTOTAL MAINTENANCE	$	553,554	$	358,225	$	118,429	$	476,654	$	536,300		

1

REMINGTON

COMMUNITY DEVELOPMENT DISTRICT

GENERAL FUND BUDGET

Fiscal Year 2019

		ADOPTED		ACTUAL		PROJECTED		TOTAL		ADOPTED		
DESCRIPTION		BUDGET		THRU		NEXT		AS OF		BUDGET		
		FY 2018		6/30/18		3 MONTHS		9/30/18		FY 2019		
Security	$	4,000	$	3,652	$	-	$	3,652	$	4,000		
Recreation Center Access												
Security Guard	$	275,209	$	188,369	$	65,600	$	253,969	$	275,500		
Gate Repairs	$	11,000	$	5,410	$	2,660	$	8,070	$	11,000		
Guard House Cleaning	$	3,278	$	2,130	$	800	$	2,930	$	3,300		
Guard House Repairs and Maintenance	$	4,500	$	3,217	$	500	$	3,717	$	4,500		
Gate Maintenance Agreement	$	1,100	$	550	$	550	$	1,100	$	1,100		
Other	$	500	$	5,734	$	-	$	5,734	$	500		
Contingency												
Field Management Services	$	25,894	$	19,420	$	6,473	$	25,894	$	26,671		
SUBTOTAL MAINTENANCE	$	325,481	$	228,482	$	76,583	$	305,066	$	326,571		
												
TOTAL MAINTENANCE	$	879,035	$	586,707	$	195,012	$	781,720	$	862,871		
												
TOTAL EXPENDITURES	$	1,062,512	$	728,380	$	228,242	$	956,621	$	1,051,034		
Other Sources/ (Uses)	$	(150,000)	$	(150,000)	$	-	$	(150,000)	$	(93,088)		
Transfer Out - Pavement Management												
Transfer Out - Capital Projects	$	(51,610)	$	(51,610)	$	-	$	(51,610)	$	-		
SUBTOTAL OTHER SOURCES/(USES)	$	(201,610)	$	(201,610)	$	-	$	(201,610)	$	(93,088)		
												
TOTAL EXPENDITURES / OTHER SOURCES/(USES)	$	1,264,122	$	929,990	$	228,242	$	1,158,231	$	1,144,122		
												
EXCESS REVENUES/(EXPENDITURES)	$	(120,000)	$	218,654	$	(218,654)	$	(0)	$	0		
												
FUND BALANCE - BEGINNING	$	120,000	$	-	$	-	$	-	$	-		
												
FUND BALANCE - ENDING	$	-	$	218,654	$	(218,654)	$	(0)	$	0		
						Net Assessments	$	FY 2018	$	FY 2019		
								1,137,222.00		1,137,222.00		
				Add: Discounts & Collections	$	72,588.64	$	72,588.64		
						Gross Assessments	$	1,209,810.64	$	1,209,810.64		
							$	1,783	$	1,783		
								678.53		678.53		

2

REMINGTON

Community Development District

Fiscal Year 2019

REVENUES

Maintenance Assessment

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

Interest Income

The District will invest surplus funds with US Bank and State Board of Administration.

Miscellaneous Income

The District will receive fees for renting the recreation facility, purchase of gate entry barcodes and gym/pool cards.

Carry Forward Surplus

The District will utilize excess funds collected in previous fiscal years.

EXPENDITURES – Administrative

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The District anticipates 12 meetings per year, with all Board members receiving payment for their attendance at each meeting.

FICA Expense

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

Engineering

The District’s Engineer, Hanson, Walter & Associates, will be providing general engineering services to the District, e.g., attendance and preparation for the monthly Board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District’s Attorney, Clark & Albaugh, LLP., will be providing general legal services to the District, e.g., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to have an independent audit of its financial records on an annual basis.

Assessment Administration

Expenses related to administering the Annual Assessments on the tax roll with the Osceola County Tax Collector.

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REMINGTON

Community Development District

Fiscal Year 2019

Property Appraiser Fee

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

Management Fees

The District has contracted with Governmental Management Services- Central Florida, LLC to provide management, accounting, and recording secretary services. These services include, but are not limited to, advertising, recording and transcribing of Board meetings, administrative services, budget preparation, financial reporting, and assisting with annual audits.

Information Technology

Represents costs related to District’s accounting and information systems, District’s website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Trustee Fees

The District will pay annual trustee fees for the Series 2008-2 Special Assessment Refunding Bonds held at US Bank.

Dissemination Agreement

The District’s bondholder has requested special annual reports on the District’s development activity. The District has contracted with Governmental Management Services-Central Florida, LLC to provide these reports. The amount is based upon the contract amount.

Arbitrage Rebate

The District is required to annually have an arbitrage rebate calculation on the District’s Series 2008-2 special assessment bonds. The District has contracted with Amtec, an independent public accounting firm, to calculate the arbitrage rebate liability and submit a report to the District.

Telephone

The District incurs charges for telephone and facsimile services.

Postage

The District incurs charges for mailing Board meeting agenda packages, invoices to third parties, checks for vendors, and other required correspondence.

Insurance

The District’s general liability, public official’s liability and property insurance coverages are provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Printing and Binding

The District incurs charges for printing and binding agenda packages and printing computerized checks, correspondence, stationery, envelopes, photocopies and other printed material.

Newsletter

The District incurs charges for delivering of the community newsletter.

4

REMINGTON

Community Development District

Fiscal Year 2019

Legal Advertising

Board meetings and other services are required to be advertised, such as public bidding advertisements and meeting notices, and any other advertising that may be required. The District publishes all of its legal advertising in the Orlando Sentinel.

Office Supplies

The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such 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 anticipated expenditure for this category.

Administrative Contingency

This represents any additional expenditure that may not have been provided for in the budget.

EXPENDITURES – Operations and Maintenance

ENVIRONMENTAL

Lake Maintenance

Scheduled maintenance consists of monthly inspections and treatment of aquatic weeds and algae within CDD lakes. Herbiciding will consist of chemical treatments. Algae control will include hand removal and chemical treatments. The District has contracted with Applied Aquatic Management, Inc. for this service.
	Monthly	Annual	
Description	Amount	Amount	
Lake Maintenance	$1,265	$15,180	
Estimated 3% Inflationary Increase	$38	$455	
Contingency		$2,565	
Total		$18,200	

UTILITIES

Kissimmee Utility Authority

This fee includes the District’s electrical, water & sewer and irrigation costs for the recreation center, pool and other areas within the District.
		Monthly	Annual	
Account#	Address	Amount	Amount	
927130-652350	Master Acct-Remington CDD	$500	$6,000	
	Contingency		$2,500	
Total			$8,500	

5

REMINGTON

Community Development District

Fiscal Year 2019

Toho Water Authority

This fee includes the District’s water & sewer and irrigation costs for certain areas within the District.
		Monthly	Annual		
Account#	Address	Amount	Amount		
927130-652350	Remington CDD - Master Account	$5,000	$60,000		
1943950-775010	Rem. Blvd & Prestwick Ln Irr	$317	$3,800		
1943950-784350	2706 Prestwick Ln	$65	$780		
1943950-946850	2751 Partin Settlement Rd	$63	$750		
1943950-946890	260 E Lakeshore Blvd	$54	$650		
1943950-809250	456 Janice Kay Pl Rm	$133	$1,600		
Total	Contingency		$2,420		
			$70,000		

Orlando Utilities Commission

This fee includes the District’s electrical, streetlight and irrigation costs for certain areas within the District.
		Monthly	Annual		
Account#	Address	Amount	Amount		
07058-52257	2900 Remington Blvd SS	$38	$460		
24545-09417	2400 Block Odd Remington Blvd	$23	$280		
63031-86907	2901 Remington Blvd	$21	$250		
69798-66736	260 East Lakeshore Blvd HSL	$75	$900		
41621-82149	2995 Remington Blvd Irr	$13	$150		
74288-14558	2651 Remington Blvd Irr (Streetlights)	$252	$3,025		
07261-84434	2651 Remington Blvd	$767	$9,200		
60455-74548	2651 Partin Settlement Rd	$33	$400		
44837-46246	2700 Remington Blvd SS	$33	$400		
61425-13386	2699 Remington Blvd Gate	$10	$120		
51194-67580	2999 Remington Blvd SS	$104	$1,250		
57459-11606	2500 Block Even Remington Blvd	$10	$125		
02748-56035	2700 Block Odd	$21	$250		
28337-61469	2706 Prestwick Ln	$21	$250		
Total	Contingency		$3,440		
			$20,500		

Centurylink

This is for telephone service for the gatehouses and recreation center modem lines.

		Monthly	Annual		
Account#	Address	Amount	Amount		
312091012	2651 Remington Blvd (Rec. Center)	$263	$3,150		
311297420	260 E Lakeshore Blvd	$112	$1,340		
311154656	2751 Partin Settlement Rd	$112	$1,340		
Total	Contingency		$1,170		
			$7,000		

6

REMINGTON

Community Development District

Fiscal Year 2019

Bright House Network

This is for Internet service at the recreation center and for the DVR security system.

		Monthly	Annual		
Account#	Address	Amount	Amount		
0787976-02	2651 Remington Blvd	$127	$1,524		
Total	Contingency		$76		
			$1,600		

ROADWAYS

Street Sweeping

Scheduled maintenance of roadways and alleys consists of sweeping pavement, curb and gutter, and alley areas. Private roadways will be maintained by the Owners Association. The District has contracted with USA Services.
	Annual	
Description	Amount	
Street Sweeping $635 Bi-Weekly	$16,510	
Contingency	$740	
Total	$17,250	

Drainage

Unscheduled maintenance consists of repair of drainage system in conjunction with roadway system.

Signage

Unscheduled maintenance of signage consists of cleaning and general maintenance

COMMON AREA

Landscaping

Scheduled maintenance consists of mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer and pest and disease control chemicals, and transplanting annuals four times per year. Unscheduled maintenance consists of replacing damaged sod and adding new sod. Unscheduled maintenance of annuals consists of replacing damaged plant material. The District has contracted REW Landscape LLC for this service.
	Monthly	Annual	
Description	Amount	Amount	
Landscape Maintenance	$22,381	$268,572	
Estimated 3% Inflationary Increase	$671	$8,057	
Contingency		$3,371	
Total		$280,000	

7

REMINGTON

Community Development District

Fiscal Year 2019

Feature Lighting

Unscheduled maintenance consists of replacing damaged fixtures or inoperable fixtures.

Irrigation

Scheduled maintenance consists of regular inspections, adjustments to controller and irrigation heads, minor system repairs, and purchase of irrigation supplies. Unscheduled maintenance consists of major repairs and replacement of system components.

Trash Receptacles & Benches

Scheduled maintenance consists of purchase of trashcans and benches. Unscheduled maintenance consists of replacement of damaged trashcans.

Plant Replacement & Bed Enhancements

Unscheduled maintenance consists of tree, shrub and other plant material replacements as well as annual bed enhancements.

Miscellaneous Common Area Services

Unscheduled maintenance for other areas not listed in the above categories.

Soccer/Ball Field Maintenance

Scheduled maintenance consists of mowing, edging, blowing, applying pest and disease control chemicals to sod. Unscheduled maintenance consists of replacing damaged sod and adding new sod.

RECREATION CENTER

Pool Maintenance

Unscheduled maintenance consists of repairing damages and any unscheduled treatment of the pool.

Pool Cleaning

Scheduled maintenance consists of regular cleaning and treatments to pool chemical levels as follows: January thru May 3 time a week and June thru December 5 times a week. The District has contracted Roberts Pool Services for this service.
	Annual	
Description	Amount	
Contract for $600 monthly for 8 months (3 days per week)	$4,800	
Contract for $600 monthly for 4 months (5 days per week)	$2,400	
Estimated 3% Inflationary Increase	$216	
Contingency	$584	
Total	$8,000	

Pool Permits

Permit fees for required occupational and pool permits.

8

REMINGTON

Community Development District

Fiscal Year 2019

Recreation Center Cleaning

Scheduled maintenance consists of regular cleaning service provided by Westwood Interior Cleaning.
	Weekly	Annual	
Description	Amount	Amount	
Recreation Center Cleaning Services	$250	$13,000	
Estimated 3% Inflationary Increase	$8	$390	
Supplies for Recreation Center		$1,610	
Total		$15,000	

Recreation Center Repairs & Maintenance

Unscheduled maintenance consists of repairs and replacement of damaged areas.

Pest Control

This represents pest control of CDD facilities provided by Terminex. Additional costs added for inflationary increases.
	Monthly	Annual	
Description	Amount	Amount	
Pest Control Services	$54	$652	
Estimated 3% Inflationary Increase	$2	$48	
Total		$700	

SECURITY

Recreation Center Access

This item includes maintenance for accessibility to the recreation center and the purchase of swipe access cards for the recreation center.

Security Guard

Security services throughout the Community facilities provided by Universal Protection Services.

	Annual	
Description	Amount	
Contract Cost of $14.89 per hour for Guardhouses	$126,544	
Contract Cost of $14.89 per hour for Recreation Center	$45,564	
Contract Cost of $18.14 per hour for Roving Patrol	$80,433	
Estimated 3% Inflationary Increase plus Contingency	$7,867	
Additional Daytime Roving Patrol (8hrs/day for 2x per week)	$15,092	
Total	$275,500	

Gate Repairs (Front and Back Access)

Unscheduled maintenance consists of repairing damages.

9

REMINGTON

Community Development District

Fiscal Year 2019

Guard House Cleaning

Scheduled maintenance consists of regular cleaning services provided by Westwood Interior Cleaning.
	Weekly	Annual	
Description	Amount	Amount	
Guardhouses Cleaning Services	$50	$2,600	
Estimated 3% Inflationary Increase	$2	$78	
Supplies for Guardhouses		$622	
Total		$3,300	

Guard House Repairs & Maintenance

Unscheduled maintenance consists of repairs and replacement of damaged areas.

Gate Maintenance Agreement

Agreement for managing access control system.

OTHER

Contingency

The current year contingency represents the potential excess of unscheduled maintenance expenses not included in budget categories or not anticipated in specific line items.

Field Management Services

Includes overhead costs associated with the services being provided under a management consulting contract with Governmental Management Services-Central Florida, LLC. This includes employees utilized in the field and office management of all District assets.

Transfer Out – Pavement Management/Capital Projects

Excess funds transferred to Pavement Management or Capital Projects for any roadway and/or capital outlay expenses.

10

REMINGTON

COMMUNITY DEVELOPMENT DISTRICT

PAVEMENT MANAGEMENT BUDGET

Fiscal Year 2019

		ADOPTED		ACTUAL		PROJECTED		TOTAL		ADOPTED		
DESCRIPTION		BUDGET		THRU		NEXT		AS OF		BUDGET		
		FY 2018		6/30/18		3 MONTHS		9/30/18		FY 2019		
REVENUES:	$	809,609	$	809,606	$	-	$	809,606	$	960,493		
FUND BALANCE												
TRANSFER IN	$	150,000	$	150,000	$	-	$	150,000	$	150,000		
INTEREST INCOME	$	500	$	838	$	50	$	887	$	500		
TOTAL REVENUES	$	960,109	$	960,444	$	50	$	960,493	$	1,110,993		
EXPENSES;	$	-	$	-	$	-	$	-	$	-		
CAPITAL OUTLAY - ENGINEERING												
CAPITAL OUTLAY - CONTINGENCY	$	-	$	-	$	-	$	-	$	-		
CAPITAL OUTLAY - ROADWAY IMPROVEMENTS	$	-	$	-	$	-	$	-	$	-		
TOTAL EXPENSES	$	-	$	-	$	-	$	-	$	-		
												
EXCESS REVENUES(EXPENDITURES)	$	960,109	$	960,444	$	50	$	960,493	$	1,110,993		

11

REMINGTON

COMMUNITY DEVELOPMENT DISTRICT

CAPITAL PROJECTS BUDGET

Fiscal Year 2019

		ADOPTED		ACTUAL		PROJECTED		TOTAL		ADOPTED		
DESCRIPTION		BUDGET		THRU		NEXT		AS OF		BUDGET		
		FY 2018		6/30/18		3 MONTHS		9/30/18		FY 2019		
REVENUES:	$	440,946	$	451,803	$	-	$	451,803	$	297,086		
FUND BALANCE												
TRANSFER IN	$	51,610	$	51,610	$	-	$	51,610	$	148,576		
INTEREST INCOME	$	100	$	111	$	30	$	141	$	100		
TOTAL REVENUES	$	492,656	$	503,525	$	30	$	503,555	$	445,762		
EXPENSES;	$	10,000	$	15,953	$	-	$	15,953	$	-		
CAPITAL OUTLAY - CONTINGENCY												
CAPITAL OUTLAY - FITNESS EQUIPMENT	$	10,000	$	-	$	-	$	-	$	10,000		
CAPITAL OUTLAY - LANDSCAPE	$	-	$	17,013	$	-	$	17,013	$	-		
CAPITAL OUTLAY - PRESSURE WASHING	$	20,000	$	24,550	$	-	$	24,550	$	20,000		
CAPITAL OUTLAY - SIDEWALK/ROAD IMPROVEMENTS	$	95,000	$	148,953	$	-	$	148,953	$	95,000		
CAPITAL OUTLAY - CAMERA SYSTEM	$	-	$	-	$	-	$	-	$	30,000		
CAPITAL OUTLAY - REC CENTER - ROOFING PROJECT	$	-	$	-	$	-	$	-	$	38,500		
TOTAL EXPENSES	$	135,000	$	206,468	$	-	$	206,468	$	193,500		
												
EXCESS REVENUES(EXPENDITURES)	$	357,656	$	297,056	$	30	$	297,086	$	252,262		

12

REMINGTON

COMMUNITY DEVELOPMENT DISTRICT

DEBT SERVICE FUND - SERIES 2008-2 BUDGET						
			Fiscal Year 2019								
		ADOPTED									
				ACTUAL		PROJECTED		TOTAL		ADOPTED		
DESCRIPTION		BUDGET		THRU		NEXT		AS OF		BUDGET		
		FY 2018		6/30/18		3 MONTHS		9/30/18		FY 2019		
REVENUES:	$	211,205	$	214,430	$	-	$	214,430	$	210,779		
FUND BALANCE												
SPECIAL ASSESSMENTS	$	571,509	$	574,204	$	-	$	574,204	$	571,509		
INTEREST INCOME	$	400	$	658	$	87	$	745	$	400		
TOTAL REVENUES	$	783,114	$	789,292	$	87	$	789,379	$	782,688		
EXPENSES;	$	21,800	$	21,800	$	-	$	21,800	$	11,100		
INTEREST - 11/1												
PRINCIPAL - 5/1	$	535,000	$	535,000	$	-	$	535,000	$	555,000		
INTEREST - 5/1	$	21,800	$	21,800	$	-	$	21,800	$	11,100		
TRANSFER OUT 5/2 - PAVEMENT FUND	$	-	$	-	$	-	$	-	$	56,912		
TRANSFER OUT 5/2 - CAPITAL RESERVE	$	-	$	-	$	-	$	-	$	148,576		
TOTAL EXPENSES	$	578,600	$	578,600	$	-	$	578,600	$	782,688		
												
EXCESS REVENUES(EXPENDITURES)	$	204,514	$	210,692	$	87	$	210,779	$	0		

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REMINGTON

Community Development District

Series 2008-2 Special Assessment Bonds

Debt Service Schedule

AMORTIZATION SCHEDULE

	DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL			
	11/1/18	$555,000.00	4.00%	$0.00	$11,100.00	$567,900.00			
									
	5/1/19	$555,000.00	4.00%	$555,000.00	$11,100.00	$566,100.00			
									
		TOTAL		$555,000.00	$22,200.00	$1,134,000.00			

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