SOUTHAVEN COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

		

				

				

			

		

				

				

					

					

					

					

				

				

				

				

					

					

					

					

				

				

6

TOTAL O&M BUDGET		
$968,613.00		
TOTAL EQUALIZED O&M BUDGET		
$852,825.00	
COLLECTION COSTS @	2%	$20,608.79		COLLECTION COSTS @	2%	$18,145.21	
EARLY PAYMENT DISCOUNTS @	4%	$41,217.57		EARLY PAYMENT DISCOUNTS @	4%	$36,290.43	
TOTAL O&M ASSESSMENT		$1,030,439.36		TOTAL EQUALIZED O&M ASSESSMENT		$907,260.64	

TOTAL STRATIFIED O&M BUDGET	
COLLECTION COSTS @	
EARLY PAYMENT DISCOUNTS @	
TOTAL STRATIFIED O&M ASSESSMENT	

2%	
4%	

$115,788.00	
$2,463.57	
$4,927.15	
$123,178.72	

UNITS ASSESSED	

LOT SIZE	

O&M	
SERIES 2015A-1 DEBT SERVICE (1)	
SERIES 2016A-1 DEBT SERVICE (1)	

Phase 1				
Single Family 58'	28	27	0	
Single Family 73'	83	57	0	
Single Family 73' (Partial)	1	1	0	
Single Family 93'	49	37	0	
Single Family 93' (Partial)	3	2	0	

Phase 2				
Single Family 63'	80	0	72	
Single Family 73'	39	0	31	
Single Family 83'	34	0	31	
Single Family 93'	38	0	35	

TOTAL COMMUNITY	
355	
124	
169	

ALLOCATION OF EQUALIZED COSTS	

EAU FACTOR	
TOTAL EAU's	
% TOTAL EAU's	
TOTAL FIELD BUDGET	
EQUALIZED FIELD PER LOT	

1.00	

28.00	

7.89%	

$71,558.59	

$2,555.66	
1.00	83.00	23.38%	$212,120.09	$2,555.66	
1.00	1.00	0.28%	$2,555.66	$2,555.66	
1.00	49.00	13.80%	$125,227.52	$2,555.66	
1.00	3.00	0.85%	$7,666.99	$2,555.66	

1.00	

80.00	

22.54%	

$204,453.10	

$2,555.66	
1.00	39.00	10.99%	$99,670.89	$2,555.66	
1.00	34.00	9.58%	$86,892.57	$2,555.66	
1.00	38.00	10.70%	$97,115.22	$2,555.66	
	
355.00	
100.00%	
$907,260.64		

ALLOCATION OF STRATIFIED FIELD COSTS	

EAU FACTOR	
TOTAL EAU's	
% TOTAL EAU's	
TOTAL FIELD BUDGET	
STRATIFIED FIELD PER LOT	

1.00	

28.00	

6.05%	

$7,452.47	

$266.16	
1.26	104.58	22.60%	$27,834.98	$335.36	
1.26	1.26	0.27%	$335.36	$335.36	
1.60	78.40	16.94%	$20,866.92	$425.86	
1.60	4.80	1.04%	$1,277.57	$425.86	

1.09	

87.20	

18.84%	

$23,209.13	

$290.11	
1.26	49.14	10.62%	$13,079.09	$335.36	
1.43	48.62	10.51%	$12,940.69	$380.61	
1.60	60.80	13.14%	$16,182.51	$425.86	
	
462.80	
100.00%	
$123,178.72		

PER LOT ANNUAL ASSESSMENT	

O&M	
SERIES 2015A-1 DEBT SERVICE (2)	
SERIES 2016A-1 DEBT SERVICE (2)	

TOTAL (3)	

$2,821.82	

$1,800.00	

$0.00	

$4,621.82	
$2,891.02	$1,800.00	$0.00	$4,691.02	
$2,891.02	$1,080.00	$0.00	$3,971.02	
$2,981.52	$2,100.00	$0.00	$5,081.52	
$2,981.52	$1,400.00	$0.00	$4,381.52	

$2,845.77	

$0.00	

$1,800.00	

$4,645.77	
$2,891.02	$0.00	$1,800.00	$4,691.02	
$2,936.27	$0.00	$2,100.00	$5,036.27	
$2,981.52	$0.00	$2,100.00	$5,081.52	

LESS: St. John's County Collection Costs (2%) and Early Payment Discount (4%):	($51,169.50)		($6,947.28)	
Net Revenue to be Collected:	$856,091.14		$116,231.44	

(1)	Reflects the number of total lots with Series 2015A-1 and 2016A-1 debt outstanding including 40 (forty) Series 2015A-1 prepayments and 21 (twenty-one) Series 2016A-1 prepayments.	

(2)	Annual debt service assessment per lot adopted in connection with the Series 2015A-1 and Series 2016A-1 bond issues. Annual assessment includes principal, interest, St. John's County collection costs and early payment discount costs.	

(3)	Annual assessment that will appear on November 2025 St. John's County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.