8

HERITAGE LANDING CO			

FISCAL YEAR 2021/2022 O&M 	
& DEBT SERVICE ASSESSMEN		
TOTAL O&M BUDGET		$1,196,644.00		
COLLECTION COSTS @	2.0%	$25,460.51		
EARLY PAYMENT DICOUNT @	4.0%	$50,921.02		
TOTAL O&M ASSESSMENT		$1,273,025.53		

UNITS ASSESSED				
		SERIES 2015	ALLOCATION OF O&M ASSESSMENT	PER LOT ANNUAL ASSESSMENT	
		DEBT	
TOTAL	% TOTAL	TOTAL		DEBT		
LOT SIZE	O&M	SERVICE (1) (2)	EAU FACTOR	EAU's	EAU's	O&M BUDGET	O&M	SERVICE (3)	TOTAL (4)	
SINGLE FAMILY	1154	1105	1.00	1154.00	100.00%	$1,273,025.53	$1,103.14	$979.63	$2,082.77	
1154	1105	1154.00	100.00%	$1,273,025.53
 
LESS: St. Johns County Collection Costs (2%) and Early Payment Discounts (4%):	($76,381.53)

Net Revenue to be Collected	$1,196,644.00

(1) Reflects 48 single family prepayments.

(2) Reflects the number of total lots with Series 2015 debt outstanding.

(3) Annual debt service assessment per lot adopted in connection with the Series 2015 bond issue. Annual assessment includes principal, interest, St.John's County collection costs and early payment discounts.

(4) Annual assessment that will appear on November 2021 St. John's County property tax bill. Amount shown includes all applicable collection costs and early payment discount (up to 4% if paid early).