Westside Community Development District

Agenda

May 2, 2023

AGENDA

Westside
Community Development District

219 E. Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526

REVISED AGENDA

April 25, 2023

Board of Supervisors Westside Community Development District

Dear Board Members:

The Board of Supervisors of Westside Community Development District will meet Tuesday, May 2, 2023 at 11:00 AM at the offices of Hanson, Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, FL 34741. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Appointment of Individual(s) to Fulfill Seats #3, #4 & #5
Administration of Oaths of Office to Newly Appointed Supervisor(s)
Election of Officers
Consideration of Resolution 2023-12 Electing Officers
Approval of Minutes of the March 7, 2023 Meeting
Consideration of Resolution 2023-11 Approving the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Arbitrage Rebate Calculation Report for Series 2019 Bonds
Discussion of Direct Bill Status
Presentation of Number of Registered Voters – 1,245 (Item Added)
Supervisor’s Requests
Other Business
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

CC:	Jan Carpenter, District Counsel Mark Vincutonis, District Engineer Darrin Mossing, GMS

Enclosures

SE.CTION Ill  -

SECTION D

RESOLUTION 2023-12

A RESOLUTION ELECTING OFFICERS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of the Westside Community Development District at a regular business meeting held on May 2, 2023 desires to elect the below recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

1. The following persons were elected to the offices shown, to wit:

Chairman Vice Chairman Treasurer
Assistant Treasurer Secretary
Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

PASSED AND ADOPTED THIS 2nd DAY OF MAY, 2023.

Chairman/Vice Chairman

Secretary/ Assistant Secretary

MINUTES

MINUTES OF MEETING WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Westside Community Development District was held Tuesday, March 7, 2023 at 11:00 a.m. at the offices of Hanson Walter & Associates, 8 Broadway Avenue, Suite 104, Kissimmee, Florida.

Present and constituting a quorum were:

Tom Franklin Scott Stewart Robert Bagwell
Also present were: Jason Showe
Jay Lazarovich
Mark Vincutonis Andy Hatton

FIRST ORDER OF BUSINESS

Chairman
Vice Chairman Assistant Secretary

District Manager District Counsel District Engineer Field Manager

Roll Call

Mr. Showe called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Appointment of Individuals to Fill Seats 3, 4 & 5
Administration of Oath of Office for Newly Appointed Supervisors
Election of Officers Resolution 2023-10
This item was tabled to a future meeting.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the February 7,
2023 Meeting

On MOTION by Mr. Franklin seconded by Mr. Bagwell with all in favor the minutes of the February 7, 2023 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Consideration of Conveyance Documents
Resolution 2023-08 Ratifying the Conveyance of Real Property and Improvements (Roadway Tract to Osceola County)
Mr. Lazarovich stated Resolution 2023-08 ratifies the conveyance of real property and improvements to Osceola County. We don't have a deed; we have a bill of sale from Mattamy to the District and from the District to the county as well as other conveyance documents.

On MOTION by Mr. Franklin seconded by Mr. Bagwell with all in favor Resolution 2023-08 Ratifying the Conveyance of Real Property and Improvements (Roadway Tract to Osceola County) was ratified.

Mr. Franklin stated you may want to check to make sure the Assistant Secretary is authorized to sign for Mattamy.

Consideration of Post-Closing Conveyance Agreement
Mr. Lazarovich stated as a part of this we also have a post-closing conveyance agreement for certain improvements that are not yet complete so they are transferring only the improvements that are complete and in the future we will have another conveyance for those improvements once complete.

On MOTION by Mr. Franklin seconded by Mr. Bagley with all in favor the post-closing conveyance agreement was approved.

Resolution 2023-09 Ratifying the Conveyance of Real Property and Improvements (Utilities to TWA)
Mr. Lazarovich stated Resolution 2023-09 ratifies the conveyance of real property and improvements to Toho Water Authority. There are bills of sale between Mattamy and the CDD and the CDD to Toho as well as other conveyance documents.

On MOTION by Mr. Franklin seconded by Mr. Bagwell with all in favor Resolution 2023-09 Ratifying the Conveyance of Real Property and Improvements (Utilities to TWA) was approved.

SIXTH ORDER OF BUSINESS	Consideration of 2023-10 Conveying the Lift
Station

Mr. Lazarovich stated this is the lift station conveyance in Solara Phase 3 from Mattamy to the CDD and from the CDD to Toho. These documents are under review by Mattamy's counsel as well as Toho's council and we are looking for a motion to approve these documents.

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor Resolution 2023-10 Conveying the Lift Station was approved.

SEVENTH ORDER OF BUSINESS	Consideration of Agreement with Solitude
Lake Management for Fountain Management Services
Mr. Showe stated this is a maintenance agreement for the two fountains in CDD lakes that were part of the Solara project. We would like to enter into a contract to maintain them quarterly.

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor the agreement with Solitude Lake _Management for fountain maintenance in the annual amount of $749 was approved.

EIGHTH ORDER OF BUSIINESS	Discussion	of	Windsor	at	Westside
Community Signage
Mr. Showe stated next is a request from the Windsor at Westside Community. They have requested a total of 15 signs, several fall on the Windsor at Westside CDD property but the ones
.in your agenda would fall on property that is maintained by the Westside CDD. The three signs we are looking at is 13, 14 and 15, sign 12 is within their maintained property.
Mr. Stewart asked the signage is for Windsor, correct? Mr. Showe responded correct.
Mr. Lazarovich stated we would recommend that similar to what we approved with Mattamy that we see the Osceola permits for our records prior to allowing them to put them in.

On MOTION by Mr. Stewart seconded by Mr. Bagley with all in favor the request of the Windsor at Westside CDD to place signs 13, 14 and 15 on CDD property was approved subject to District Counsel drafting an agreement and county approval.

NINTH ORDER OF BUSINESS
Attorney

Staff Reports

There being none, the next item followed.

Engineer

Mr. Vincutonis stated there is a pond on the south side of Phase 2 was designed to be a dry pond, it has always had a little bit of water in it. During the hurricane it filled up and flooded the road a little bit. We are trying to figure out a solution for that. We have had some conversation with Geotech and to this point they haven't been able to come up with anything other than finding some positive discharge for it. We could underdrain the pond but you have to take the underdrain somewhere. I'm working with Robbie and we are looking at trying to take a portion of Phase 1 on the west side of Westside Boulevard, there is a big pipe that comes underneath and maybe intersect it there and run it to the Solay pond. He is going to run some calculations and see if the Solara pond can even handle it. We will also look at other options. I think the groundwater is higher there than anticipated.
Mr. Showe stated we were approached by Paradise Palms, there are two ponds in their community that are owned by the CDD but the plat says the HOA is supposed to maintain it and we believe it is to the benefit of that community, so we are going to respond to them.

Manager
Approval of Check Register
Mr. Showe presented the check register for January in the amount of $46,194.40.

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Discussion of Direct Bill Status
A copy of the direct bill status was included in the agenda package.

Field Manager's Report
Mr. Hatton stated they are power washing the sidewalk and curbs today.

TENTH ORDER OF BUSINESS	Supervisor's Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Stewart seconded by Mr. Bagwell with all in favor the meeting adjourned at 11:17 a.m.

SecretaryIAssistant Secretary	ChairmanNice Chairman

SECTION V

RESOLUTION 2023-11

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2023/2024 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors ("Board") of the Westside Community Development District ("District") prior to June 15, 2023, a proposed budget ("Proposed Budget") for the fiscal year beginning October 1, 2023 and ending September 30, 2024 ("Fiscal Year 2023/2024"); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2023/2024 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE: HOUR: LOCATION:

July 11, 2023

11:00 a.m.

Offices of Hanson, Walter & Associates 8 Broadway Avenue, Suite 104
Kissimmee, FL 34741

TRANSMITTAL	OF  PROPOSED	BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Osceola County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District's Secretary is further directed to post the approved Proposed Budget on the District's website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 2nd DAY OF MAY, 2023.

ATTEST:	WESTSIDE	COMMUNITY DEVELOPMENT DISTRICT

Secretary

By:		_ Its:	_

Westside
Community  Development  District

Proposed Budget
FY2024

1-2		General Fund	

3-9	
	General Fund Narrative	

10	
	Series 2005-2 Debt Service	

11		Series 2007-2 Debt Service	
12		Series 2018 - Solara Phase 1 Debt Service	
13-14		Series 2018 - Solara Phase 1 Amortization	
15		Series 2018 Solara Phase 1 - Allocation Methodology	
16		Series 2019 - Solara Phase 2 Debt Service	
17-18		Series 2019 - Solara Phase 2 Amortization	
19		Series 2019 - Solara Phase 2 Allocation Methodology	
20		Series 2019 - Refunding Debt Service	
21		Series 2019 - Refunding Amortization	
22		Series 2019 - Refunding Allocation Methodology	
23		Series 2019 - Parcel K Debt Service	
24-25		Series 2019 - Parcel K Amortization	
26		Series 2019 - Parcel K Allocation Methodology	

27		Series 2022 AA1 - Solara Phase 3 Debt Service	
28		Series 2022 AA1 - Solara Phase 3 Debt Service Amortization	
29		Series 2022 AA1 - Solara Phase 3 Allocation Methodology	
30		Series 2022 AA2 - Soleil Debt Service	
31-32		Series 2022 AA2 - Soleil Debt Service Amortization	
33		Series 2022 AA2 - Soleil Debt Allocation Methodology	
34		Capital Reserve Fund	

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						
Maintenance Assessments	$	566,228	$	526,143	$	40,085	$	566,228	$	589,729	
Interest Income	$	1,000	$	6,333	$	2,111	$	8,444	$	1,000	
Carry Forward Balance	$	261,645	$	428,738	$	-	$	428,738	$	258,521	
Total Revenues	$	828,872	$	961,214	$	42,196	$	1,003,410	$	849,250	

Expenditures						
Administrative						
Supervisor Fees	$	12,000	$	2,800	$	6,000	$	8,800	$	12,000	
FICA Expense	$	918	$	214	$	459	$	673	$	918	
Engineering Fees	$	10,500	$	6,588	$	6,588	$	13,175	$	15,000	
Legal Services	$	40,000	$	12,634	$	17,688	$	30,322	$	40,000	
Arbitrage Fees	$	3,250	$	1,350	$	450	$	1,800	$	3,600	
Management Fees	$	45,647	$	22,824	$	22,823	$	45,647	$	48,386	
Information Technology	$	1,800	$	900	$	900	$	1,800	$	1,908	
Website Maintenance	$	1,200	$	600	$	600	$	1,200	$	72	
Dissemination Fees	$	14,000	$	8,167	$	8,750	$	16,917	$	22,260	
Trustee Fees	$	20,142	$	13,321	$	6,821	$	20,142	$	29,042	
Assessment Roll Services	$	12,500	$	12,500	$	-	$	12,500	$	13,250	
Auditing Services	$	4,100	$	-	$	3,850	$	3,850	$	4,950	
Telephone	$	100	$	-	$	50	$	50	$	100	
Postage	$	2,250	$	527	$	500	$	1,027	$	2,250	
Insurance - General Liability	$	9,693	$	9,262	$	-	$	9,262	$	10,651	
Printing and Binding	$	1,500	$	655	$	500	$	1,155	$	1,500	
Legal Advertising	$	1,800	$	4,772	$	1,800	$	6,572	$	1,800	
Other Current Charges	$	1,600	$	654	$	660	$	1,314	$	1,600	
Office Supplies	$	400	$	27	$	50	$	77	$	400	
Property Appraiser's Fee	$	1,100	$	1,311	$	-	$	1,311	$	1,400	
Property Taxes	$	200	$	183	$	-	$	183	$	200	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	184,875	$	99,463	$	78,489	$	177,952	$	211,462	

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Operations & Maintenance						
Landscape Maintenance	$	223,115	$	124,982	$	122,475	$	247,457	$	332,250	
Oak Tree Maintenance	$	25,000	$	-	$	25,000	$	25,000	$	25,000	
Irrigation Repairs	$	15,000	$	11,045	$	7,500	$	18,545	$	20,000	
Plant Replacement	$	30,000	$	-	$	15,000	$	15,000	$	30,000	
Electric	$	1,650	$	179	$	186	$	365	$	1,815	
Streetlighting	$	80,300	$	28,441	$	29,400	$	57,841	$	64,680	
Irrigation Water	$	63,800	$	13,379	$	18,000	$	31,379	$	70,180	
Property Insurance	$	5,000	$	1,189	$	-	$	1,189	$	1,784	
Field Management	$	20,288	$	10,144	$	10,144	$	20,288	$	21,505	
Lake & Wetland Maintenance	$	19,845	$	10,900	$	8,450	$	19,350	$	25,574	
Sidewalk Repairs & Maintenance	$	4,000	$	-	$	2,000	$	2,000	$	4,000	
Contingency	$	26,000	$	13,906	$	13,000	$	26,906	$	26,000	
Stormwater/Lake Repair	$	15,000	$	21,115	$	-	$	21,115	$	15,000	
Total Operations & Maintenance	$	528,998	$	235,279	$	251,155	$	486,434	$	637,788	
						
Total Expenditures	$	713,872	$	334,742	$	329,644	$	664,386	$	849,250	

Other Sources/(Uses)						

Transfer Out - Capital Reserve

$	(115,000)  $

-	$	-	$	-	$	-

Subtotal Other Sources/(Uses)

$

(115,000)  $

-	$

-	$

-	$

-

Excess Revenues/(Expenditures)	$	-	$	626,472	$	(287,448)	$	339,024	$	-	
		
FY2021	
FY2022	
FY2023	
FY2024	
	Net Assessments	$566,228	$566,228	$566,228	$589,729	
	Add: Discounts & Collections	$36,142	$36,142	$36,142	$37,642	
	Gross Assessments	$602,370	$602,370	$602,370	$627,372	
	
Units	
3828.11	
3828.11	
3828.11	
3987.11	
	Per Unit Gross Assessment	$157	$157	$157	$157	

Net Assessments	

$566,228	

$566,228	

$566,228	

$589,729	
	Total Developable Units	3828.11	3828.11	3828.11	3987.11	
	Per Unit Net Assessments	$148	$148	$148	$148	

Revenues:

Maintenance 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.

Interest Income

The District earns interest income on their checking account with Truist Bank. Interest is calculated on the average monthly collected balance in the operating.

Expenditures:

Administrative:

Supervisor Fees

The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon 5 supervisors attending 12 meetings.

FICA Expense

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

Engineering Fees

The District's engineer, Hanson, Walter & Associates, will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.

Legal Services

The District's legal counsel, Latham, Shuker, Eden & Beaudine, will provide general legal services to the District, i.e. attendance and preparation for monthly meetings, review of operating and maintenance contracts, and other specifically requested assignments.

Arbitrage Fees

The District has contracted with AMTEC, an independent certified public accountant, to annually calculate the District’s Arbitrage Rebate Liability on the Series 2005, 2007, 2018, 2019, 2019 Refunding, 2019 Parcel K, 2022-1 and 2022-2 Bonds.

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 not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dissemination Fees

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional report requirements for unrated bond issues. Governmental Management Services-Central Florida LLC provides this service for the Series 2018, Series 2019, Series 2019 Refunding, Series 2019 Parcel K, Series 2022-1 and Series 2022-2 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2018, 2019, 2019 Refunding, 2019 Parcel K, 2022-1 and 2022-2 Special Assessment Revenue Bonds that are deposited with a Trustee at US Bank, N.A.

Assessment Roll Services

The District has contracted with Governmental Management Services-Central Florida, LLC for the collection of prepaid assessments, updating the District’s Tax Roll and levying the annual assessment.

Auditing Services

The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm.

Telephone

Telephone and fax machine expenses. Governmental Management Services – Central Florida, LLC provides these services.

Postage

Represents postage cost used for District mailings including agenda packages, vendor checks and other correspondence. Governmental Management Services – Central Florida, LLC provides these services.

Insurance – General Liability

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

Printing and Binding

Includes copy charges for printing of agenda packages, required mailings, and other special projects. Governmental Management Services – Central Florida, LLC provides these services.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous charges incurred by the District.

Office Supplies

Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. Governmental Management Services – Central Florida, LLC provides these services.

Property Appraiser’s Fee

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

Property Taxes

Represents the estimated Non-Ad Valorem assessments on District property levied by Osceola County.

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.

Operations & Maintenance

Landscape Maintenance

The District currently has a contract to maintain the landscaping within the District, including: General (mowing, edging, trimming, weeding, pruning and maintenance), irrigation inspection, fertilization, Solara pond mowings and pest control services. The District has contracted with Yellowstone Landscape.

Description	Monthly Amount	Annual Amount	
Original Agreement	$7,108	$85,290	
Solara Ponds	$1,025	$12,300	
Solara Phase 1	$4,530	$54,360	
Solara Phase 2	$3,575	$42,900	
Goodman Road	$1,335	$16,020	
Westside Blvd Extension	$2,840	$34,080	
Estimated Solara Future Areas	$1,550	$18,600	
Estimated Soleil Areas	$5,725	$68,700	
Total		$332,250	

Oak Tree Maintenance

The District will incur costs for the maintenance of the oak trees. Irrigation Repairs
The District pays Yellowstone Landscape for various repairs/replacements to the irrigation systems that include but are not limited to spray heads, nozzles, rotors, controllers, etc. any increase in amount is based on proposal by Yellowstone Landscape.

Plant Replacement

Represents costs for maintenance of tree, shrub and other plant material replacements. Amount includes an enhancement proposal by Yellowstone Landscape.

Electric

The District has the following utility account(s) with Duke Energy to provide electricity for the common areas.

Account #	

Address	Estimated Monthly
Amount	Estimated Annual
Amount	
15704 70086	9000 W Irlo Bronson Memorial Hwy	$50	$600	
	Contingency		$1,215	
Total			$1,815	

Streetlights

The District maintains the following streetlights with Duke Energy along Westside Boulevard.

Account #	

Address	Estimated Monthly
Amount	Estimated Annual
Amount	
09047 36125	000 Westside Blvd Lite, Entrance	$4,900	$58,800	
	Contingency - Streetlight		$5,880	
Total			$64,680	

Irrigation Water

The District has the following utility accounts with Toho Water Authority for reclaimed water.

Account #	

Address	Estimated Monthly
Amount	Estimated Annual
Amount	
2118575-1129340	0 Westside Blvd Reclaim	$4,300	$51,600	
2118575-1124768	2400 Blk Even Westside Blvd	$20	$240	
2118575-920460	0 Westside Blvd Reclaim D	$20	$240	
	Contingency		$18,100	
Total			$70,180	

Property Insurance

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

Field Management

Provide onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and respond to property owner phone calls and emails.

Lake and Wetland Maintenance

The District has a permit obligation to comply with certain conditions for the establishment and maintenance and monitoring of upland/wetland conservation areas and for maintenance of the lakes. The amount is based on contracts with Aquatic Weed Management.

Description	Monthly
Amount	Annual
Amount	
Stormwater Pond Plant Management	$1,075	$12,900	
Quarterly Fountain Maintenance		$749	
Quarterly Mitigation Maintenance		$6,000	
Estimated New Ponds		$3,600	
Contingency			$2,325		
Total		$ 25,574	

Sidewalk Repairs & Maintenance

Any costs related to the maintenance of the District’s sidewalks which includes grinding and pressure washing.

Contingency

Any other miscellaneous charges incurred by the District. Stormwater/Lake Repair
Represents contingency for potential repairs to stormwater system.

	Adopted Budget	Proposed Budget	
	FY2023	FY2024	

Revenues

Assessments - Series 2005-2	

$	110,963	

$	110,963	
Total Revenues	$	110,963	$	110,963	

Expenditures

Debt Service Obligation	

$	110,963	

$	110,963	
Total Expenditures	$	110,963	$	110,963	
			
Excess Revenues/(Expenditures)	$	-	$	-	

Series 2007-2 Debt Service Fund

	Adopted Budget	Proposed Budget	
	FY2023	FY2024	

Revenues

Assessments - Series 2007-2	

$	39,800	

$	39,800	
Total Revenues	$	39,800	$	39,800	

Expenditures

Debt Service Obligation	

$	39,800	

$	39,800	
Total Expenditures	$	39,800	$	39,800	
			
Excess Revenues/(Expenditures)	$	-	$	-	

Series 2018 - Solara Phase 1 Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments	$	230,130	$	207,697	
$	22,433	
$	230,130	
$	230,130	
Interest	$	-	$	1,655	$	552	$	2,206	$	-	
Carryforward Surplus (1)	$	108,325	$	112,022	$	-	$	112,022	$	117,308	
Total Revenues	$	338,455	$	321,374	$	22,985	$	344,358	$	347,438	

Expenditures						
Interest - 11/1	$	83,525	$	83,525	$	-	$	83,525	$	82,025	
Interest - 5/1	$	83,525	$	-	$	83,525	$	83,525	$	82,025	
Principal - 5/1	$	60,000	$	-	$	60,000	$	60,000	$	65,000	
Total Expenditures	$	227,050	$	83,525	$	143,525	$	227,050	$	229,050	
						
Excess Revenues/(Expenditures)	$	111,405	$	237,849	$	(120,540)	$	117,308	$	118,388	

Interest - 11/1/2024	
$	
80,400	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

	Series	2018 Special Assessment Bonds Amortization Schedule		
Date		Balance	Prinicpal	Interest	Total	
					
11/01/23	$	3,210,000.00	$	-	$	82,025.00	$	225,550.00	
05/01/24	$	3,210,000.00	$	65,000.00	$	82,025.00	$	-	
11/01/24	$	3,145,000.00	$	-	$	80,400.00	$	227,425.00	
05/01/25	$	3,145,000.00	$	70,000.00	$	80,400.00	$	-	
11/01/25	$	3,075,000.00	$	-	$	78,650.00	$	229,050.00	
05/01/26	$	3,075,000.00	$	70,000.00	$	78,650.00	$	-	
11/01/26	$	3,005,000.00	$	-	$	76,900.00	$	225,550.00	
05/01/27	$	3,005,000.00	$	75,000.00	$	76,900.00	$	-	
11/01/27	$	2,930,000.00	$	-	$	75,025.00	$	226,925.00	
05/01/28	$	2,930,000.00	$	80,000.00	$	75,025.00	$	-	
11/01/28	$	2,850,000.00	$	-	$	73,025.00	$	228,050.00	
05/01/29	$	2,850,000.00	$	85,000.00	$	73,025.00	$	-	
11/01/29	$	2,765,000.00	$	-	$	70,900.00	$	228,925.00	
05/01/30	$	2,765,000.00	$	90,000.00	$	70,900.00	$	-	
11/01/30	$	2,675,000.00	$	-	$	68,650.00	$	229,550.00	
05/01/31	$	2,675,000.00	$	95,000.00	$	68,650.00	$	-	
11/01/31	$	2,580,000.00	$	-	$	66,275.00	$	229,925.00	
05/01/32	$	2,580,000.00	$	100,000.00	$	66,275.00	$	-	
11/01/32	$	2,480,000.00	$	-	$	63,775.00	$	230,050.00	
05/01/33	$	2,480,000.00	$	105,000.00	$	63,775.00	$	-	
11/01/33	$	2,375,000.00	$	-	$	61,150.00	$	229,925.00	
05/01/34	$	2,375,000.00	$	110,000.00	$	61,150.00	$	-	
11/01/34	$	2,265,000.00	$	-	$	58,400.00	$	229,550.00	
05/01/35	$	2,265,000.00	$	115,000.00	$	58,400.00	$	-	
11/01/35	$	2,150,000.00	$	-	$	55,525.00	$	228,925.00	
05/01/36	$	2,150,000.00	$	120,000.00	$	55,525.00	$	-	
11/01/36	$	2,030,000.00	$	-	$	52,525.00	$	228,050.00	
05/01/37	$	2,030,000.00	$	125,000.00	$	52,525.00	$	-	
11/01/37	$	1,905,000.00	$	-	$	49,400.00	$	226,925.00	
05/01/38	$	1,905,000.00	$	130,000.00	$	49,400.00	$	-	
11/01/38	$	1,775,000.00	$	-	$	46,150.00	$	225,550.00	
05/01/39	$	1,775,000.00	$	140,000.00	$	46,150.00	$	-	
11/01/39	$	1,635,000.00	$	-	$	42,510.00	$	228,660.00	
05/01/40	$	1,635,000.00	$	145,000.00	$	42,510.00	$	-	
11/01/40	$	1,490,000.00	$	-	$	38,740.00	$	226,250.00	
05/01/41	$	1,490,000.00	$	155,000.00	$	38,740.00	$	-	
11/01/41	$	1,335,000.00	$	-	$	34,710.00	$	228,450.00	
05/01/42	$	1,335,000.00	$	165,000.00	$	34,710.00	$	-	
11/01/42	$	1,170,000.00	$	-	$	30,420.00	$	230,130.00	
05/01/43	$	1,170,000.00	$	170,000.00	$	30,420.00	$	-	
11/01/43	$	1,000,000.00	$	-	$	26,000.00	$	226,420.00	

Series 2018 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/44	$	1,000,000.00	$	180,000.00	$	26,000.00	$	-	
11/01/44	$	820,000.00	$	-	$	21,320.00	$	227,320.00	
05/01/45	$	820,000.00	$	190,000.00	$	21,320.00	$	-	
11/01/45	$	630,000.00	$	-	$	16,380.00	$	227,700.00	
05/01/46	$	630,000.00	$	200,000.00	$	16,380.00	$	-	
11/01/46	$	430,000.00	$	-	$	11,180.00	$	227,560.00	
05/01/47	$	430,000.00	$	210,000.00	$	11,180.00	$	-	
11/01/47	$	220,000.00	$	-	$	5,720.00	$	226,900.00	
05/01/48	$	220,000.00	$	220,000.00	$	5,720.00	$	225,720.00	
			$	3,270,000.00	$	2,738,560.00	$	6,153,585.00	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2018

		Allocation Methodology			
		For Solara Phase 1 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	76	$	757,829	$	9,971	$	49,971	$	658	$	699	
Single Family 40'	92	$	1,009,109	$	10,969	$	66,540	$	723	$	769	
Single Family 50'	144	$	1,723,062	$	11,966	$	113,618	$	789	$	839	
TOTAL	312	$	3,490,000	$	230,129			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors	

Proposed Budget
Series 2019 - Solara Phase 2 Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments	$	203,846	$	184,060	
$	19,786	
$	203,846	
$	203,846	
Interest	$	-	$	1,356	$	452	$	1,808	$	-	
Carryforward Surplus (1)	$	82,804	$	86,166	$	-	$	86,166	$	90,541	
Total Revenues	$	286,650	$	271,581	$	20,238	$	291,819	$	294,387	

Expenditures						
Interest - 11/1	$	70,639	$	70,639	$	-	$	70,639	$	69,552	
Interest - 5/1	$	70,639	$	-	$	70,639	$	70,639	$	69,552	
Principal - 5/1	$	60,000	$	-	$	60,000	$	60,000	$	65,000	
Total Expenditures	$	201,279	$	70,639	$	130,639	$	201,278	$	204,104	
						
Excess Revenues/(Expenditures)	$	85,371	$	200,942	$	(110,401)	$	90,541	$	90,283	
				
Interest - 11/1/2024	
$68,374	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2019 (Solara Ph2) Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/23	$	3,000,000.00	$	-	$	69,551.88	$	200,191.25	
05/01/24	$	3,000,000.00	$	65,000.00	$	69,551.88	$	-	
11/01/24	$	2,935,000.00	$	-	$	68,373.75	$	202,925.63	
05/01/25	$	2,935,000.00	$	65,000.00	$	68,373.75	$	-	
11/01/25	$	2,870,000.00	$	-	$	67,106.25	$	200,480.00	
05/01/26	$	2,870,000.00	$	70,000.00	$	67,106.25	$	-	
11/01/26	$	2,800,000.00	$	-	$	65,741.25	$	202,847.50	
05/01/27	$	2,800,000.00	$	70,000.00	$	65,741.25	$	-	
11/01/27	$	2,730,000.00	$	-	$	64,376.25	$	200,117.50	
05/01/28	$	2,730,000.00	$	75,000.00	$	64,376.25	$	-	
11/01/28	$	2,655,000.00	$	-	$	62,913.75	$	202,290.00	
05/01/29	$	2,655,000.00	$	75,000.00	$	62,913.75	$	-	
11/01/29	$	2,580,000.00	$	-	$	61,451.25	$	199,365.00	
05/01/30	$	2,580,000.00	$	80,000.00	$	61,451.25	$	-	
11/01/30	$	2,500,000.00	$	-	$	59,601.25	$	201,052.50	
05/01/31	$	2,500,000.00	$	85,000.00	$	59,601.25	$	-	
11/01/31	$	2,415,000.00	$	-	$	57,635.63	$	202,236.88	
05/01/32	$	2,415,000.00	$	90,000.00	$	57,635.63	$	-	
11/01/32	$	2,325,000.00	$	-	$	55,554.38	$	203,190.00	
05/01/33	$	2,325,000.00	$	90,000.00	$	55,554.38	$	-	
11/01/33	$	2,235,000.00	$	-	$	53,473.13	$	199,027.50	
05/01/34	$	2,235,000.00	$	95,000.00	$	53,473.13	$	-	
11/01/34	$	2,140,000.00	$	-	$	51,276.25	$	199,749.38	
05/01/35	$	2,140,000.00	$	100,000.00	$	51,276.25	$	-	
11/01/35	$	2,040,000.00	$	-	$	48,963.75	$	200,240.00	
05/01/36	$	2,040,000.00	$	105,000.00	$	48,963.75	$	-	
11/01/36	$	1,935,000.00	$	-	$	46,535.63	$	200,499.38	
05/01/37	$	1,935,000.00	$	110,000.00	$	46,535.63	$	-	
11/01/37	$	1,825,000.00	$	-	$	43,991.88	$	200,527.50	
05/01/38	$	1,825,000.00	$	115,000.00	$	43,991.88	$	-	
11/01/38	$	1,710,000.00	$	-	$	41,332.50	$	200,324.38	
05/01/39	$	1,710,000.00	$	120,000.00	$	41,332.50	$	-	
11/01/39	$	1,590,000.00	$	-	$	38,557.50	$	199,890.00	
05/01/40	$	1,590,000.00	$	125,000.00	$	38,557.50	$	-	
11/01/40	$	1,465,000.00	$	-	$	35,526.25	$	199,083.75	
05/01/41	$	1,465,000.00	$	135,000.00	$	35,526.25	$	-	
11/01/41	$	1,330,000.00	$	-	$	32,252.50	$	202,778.75	
05/01/42	$	1,330,000.00	$	140,000.00	$	32,252.50	$	-	
11/01/42	$	1,190,000.00	$	-	$	28,857.50	$	201,110.00	
05/01/43	$	1,190,000.00	$	145,000.00	$	28,857.50	$	-	
11/01/43	$	1,045,000.00	$	-	$	25,341.25	$	199,198.75	

Series 2019 (Solara Ph2) Special Assessment Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
1,045,000.00	
$	155,000.00	
$	25,341.25	
$	
-	
11/01/44	$	890,000.00	$	-	$	21,582.50	$	201,923.75	
05/01/45	$	890,000.00	$	160,000.00	$	21,582.50	$	-	
11/01/45	$	730,000.00	$	-	$	17,702.50	$	199,285.00	
05/01/46	$	730,000.00	$	170,000.00	$	17,702.50	$	-	
11/01/46	$	560,000.00	$	-	$	13,580.00	$	201,282.50	
05/01/47	$	560,000.00	$	180,000.00	$	13,580.00	$	-	
11/01/47	$	380,000.00	$	-	$	9,215.00	$	202,795.00	
05/01/48	$	380,000.00	$	185,000.00	$	9,215.00	$	-	
11/01/48	$	195,000.00	$	-	$	4,728.75	$	198,943.75	
05/01/49	$	195,000.00	$	195,000.00	$	4,728.75	$	199,728.75	
			$	3,060,000.00	$	2,431,723.75	$	5,623,450.63	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2019

		Allocation Methodology			
		For Solara Phase 2 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	86	$	895,487	$	12,495	$	56,507	$	657	$	699	
Single Family 40'	122	$	1,397,376	$	11,454	$	88,189	$	723	$	769	
Single Family 50'	75	$	937,137	$	10,413	$	59,150	$	789	$	839	
TOTAL	283	$	3,230,000	$	203,846			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors	

Proposed Budget
Series 2019 - Refunding Bonds Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						
Assessments	$	1,007,205	$	880,486	$	126,719	$	1,007,205	$	1,007,205	
Interest	$	-	$	8,404	$	2,801	$	11,206	$	-	
Carryforward Surplus (1)	$	490,066	$	504,653	$	-	$	504,653	$	507,350	
Total Revenues	$	1,497,271	$	1,393,543	$	129,521	$	1,523,064	$	1,514,556	

Expenditures						
Interest - 11/1	$	227,857	$	227,857	$	-	$	227,857	$	218,057	
Interest - 5/1	$	227,857	$	-	$	227,857	$	227,857	$	218,057	
Principal - 5/1	$	560,000	$	-	$	560,000	$	560,000	$	575,000	
Total Expenditures	$	1,015,714	$	227,857	$	787,857	$	1,015,714	$	1,011,114	
						
Excess Revenues/(Expenditures)	$	481,558	$	1,165,686	$	(658,336)	$	507,350	$	503,442	
				
Interest - 11/1/2024	
$207,994	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2019 (Refunding) Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total	
					
11/01/23	$	10,975,000.00	$	-	$	218,056.88	$	1,005,913.75	
05/01/24	$	10,975,000.00	$	575,000.00	$	218,056.88	$	-	
11/01/24	$	10,400,000.00	$	-	$	207,994.38	$	1,001,051.25	
05/01/25	$	10,400,000.00	$	595,000.00	$	207,994.38	$	-	
11/01/25	$	9,805,000.00	$	-	$	196,838.13	$	999,832.50	
05/01/26	$	9,805,000.00	$	625,000.00	$	196,838.13	$	-	
11/01/26	$	9,180,000.00	$	-	$	185,119.38	$	1,006,957.50	
05/01/27	$	9,180,000.00	$	645,000.00	$	185,119.38	$	-	
11/01/27	$	8,535,000.00	$	-	$	173,025.63	$	1,003,145.00	
05/01/28	$	8,535,000.00	$	670,000.00	$	173,025.63	$	-	
11/01/28	$	7,865,000.00	$	-	$	160,463.13	$	1,003,488.75	
05/01/29	$	7,865,000.00	$	695,000.00	$	160,463.13	$	-	
11/01/29	$	7,170,000.00	$	-	$	147,431.88	$	1,002,895.00	
05/01/30	$	7,170,000.00	$	725,000.00	$	147,431.88	$	-	
11/01/30	$	6,445,000.00	$	-	$	132,527.50	$	1,004,959.38	
05/01/31	$	6,445,000.00	$	755,000.00	$	132,527.50	$	-	
11/01/31	$	5,690,000.00	$	-	$	117,006.25	$	1,004,533.75	
05/01/32	$	5,690,000.00	$	785,000.00	$	117,006.25	$	-	
11/01/32	$	4,905,000.00	$	-	$	100,868.13	$	1,002,874.38	
05/01/33	$	4,905,000.00	$	820,000.00	$	100,868.13	$	-	
11/01/33	$	4,085,000.00	$	-	$	84,010.63	$	1,004,878.75	
05/01/34	$	4,085,000.00	$	850,000.00	$	84,010.63	$	-	
11/01/34	$	3,235,000.00	$	-	$	66,536.25	$	1,000,546.88	
05/01/35	$	3,235,000.00	$	885,000.00	$	66,536.25	$	-	
11/01/35	$	2,350,000.00	$	-	$	48,342.50	$	999,878.75	
05/01/36	$	2,350,000.00	$	925,000.00	$	48,342.50	$	-	
11/01/36	$	1,425,000.00	$	-	$	29,326.25	$	1,002,668.75	
05/01/37	$	1,425,000.00	$	960,000.00	$	29,326.25	$	-	
11/01/37	$	465,000.00	$	-	$	9,590.63	$	998,916.88	
05/01/38	$	465,000.00	$	465,000.00	$	9,590.63	$	474,590.63	
		$	11,535,000.00	$	4,209,988.75	$	16,522,295.63	

Westside
Community Development District
Special Assessment Revenue Refunding Bonds - Series 2019

		Allocation Methodology				
		Refunding Bonds				
				
Net Annual	
Gross Annual	
			Par Debt Per	Debt	Debt	
		Par Debt Per Unit	Par Debt Per Unit	Unit	Assesssment	Assessment Per	
PRODUCT	No. of Units	2005-1	2007-1	Combined	Per Unit	Unit (1)	
Single Family 70' - Calabria	75	$	10,518	$	1,673	$	12,191	$	948	$	1,008	
LR - Paradise Palms	553	$	0	$	4,714	$	4,714	$	357	$	379	
Townhome - Caribe Cove	187	$	5,259	$	1,673	$	6,932	$	537	$	572	
Single Family 50' - Tuscany	68	$	6,299	$	1,673	$	7,971	$	618	$	658	
Townhome - Bayhama Bay II	170	$	5,259	$	1,673	$	6,932	$	537	$	572	
Townhome - Golden Cay	124	$	4,750	$	1,673	$	6,423	$	497	$	529	
Townhome - Parcel K	100	$	5,249	$	1,673	$	6,922	$	536	$	571	
Single Family 40' - Parcel K	77	$	5,774	$	1,673	$	7,447	$	577	$	614	
Single Family 50' - Parcel K	14	$	6,299	$	1,673	$	7,971	$	618	$	658	
Townhome - Parcel L	158	$	5,249	$	1,673	$	6,922	$	536	$	571	
Single Family 50' - Parcel L	192	$	6,299	$	1,673	$	7,971	$	618	$	658	
Townhome - M1	276	$	0	$	6,375	$	6,375	$	482	$	513	
TOTAL	1,994	

Proposed Budget
Series 2019 - Parcel K Debt Service Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments	$	78,845	$	71,228	
$	7,617	
$	78,845	
$	78,845	
Interest	$	-	$	1,156	$	385	$	1,541	$	-	
Carryforward Surplus (1)	$	48,212	$	49,599	$	-	$	49,599	$	56,045	
Total Revenues	$	127,057  $	121,983	$	8,002	$	129,985	$	134,890	

Expenditures						
Interest - 11/1	$	36,970	$	36,970	$	-	$	36,970	$	36,970	
Interest - 5/1	$	36,970	$	-	$	36,970	$	36,970	$	36,970	
Total Expenditures	$	73,940	$	36,970	$	36,970	$	73,940	$	73,940	
						
Excess Revenues/(Expenditures)	$	53,117	$	85,013	$	(28,968)	$	56,045	$	60,950	
				
Interest - 11/1/2024	
$36,970	

(1) Carryforward Surplus is net of Debt Service Reserve	
Funds					

		

		

		

05/01/42	$	1,385,000.00	$	130,000.00	$	27,700.00	$	-	
11/01/42	$	1,255,000.00	$	-	$	25,100.00	$	182,800.00	
05/01/43	$	1,255,000.00	$	135,000.00	$	25,100.00	$	-	
11/01/43	$	1,120,000.00	$	-	$	22,400.00	$	182,500.00	

Series 2019 (Windsor Parcel K) Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/23	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/24	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/24	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/25	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/25	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/26	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/26	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/27	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/27	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/28	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/28	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/29	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/29	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/30	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/30	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/31	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/31	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/32	$	1,860,000.00	$	-	$	36,970.00	$	-	
11/01/32	$	1,860,000.00	$	-	$	36,970.00	$	73,940.00	
05/01/33	$	1,860,000.00	$	5,000.00	$	36,970.00	$	-	
11/01/33	$	1,855,000.00	$	-	$	36,875.00	$	78,845.00	
05/01/34	$	1,855,000.00	$	5,000.00	$	36,875.00	$	-	
11/01/34	$	1,850,000.00	$	-	$	36,780.00	$	78,655.00	
05/01/35	$	1,850,000.00	$	5,000.00	$	36,780.00	$	-	
11/01/35	$	1,845,000.00	$	-	$	36,685.00	$	78,465.00	
05/01/36	$	1,845,000.00	$	5,000.00	$	36,685.00	$	-	
11/01/36	$	1,840,000.00	$	-	$	36,590.00	$	78,275.00	
05/01/37	$	1,840,000.00	$	5,000.00	$	36,590.00	$	-	
11/01/37	$	1,835,000.00	$	-	$	36,495.00	$	78,085.00	
05/01/38	$	1,835,000.00	$	90,000.00	$	36,495.00	$	-	
11/01/38	$	1,745,000.00	$	-	$	34,785.00	$	161,280.00	
05/01/39	$	1,745,000.00	$	115,000.00	$	34,785.00	$	-	
11/01/39	$	1,630,000.00	$	-	$	32,600.00	$	182,385.00	
05/01/40	$	1,630,000.00	$	120,000.00	$	32,600.00	$	-	
11/01/40	$	1,510,000.00	$	-	$	30,200.00	$	182,800.00	
05/01/41	$	1,510,000.00	$	125,000.00	$	30,200.00	$	-	
11/01/41	$	1,385,000.00	$	-	$	27,700.00	$	182,900.00	

Series 2019 (Windsor Parcel K) Special Assessment Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest		Total	

05/01/44	
$	
1,120,000.00	
$	140,000.00	
$	22,400.00	
$	
-	
11/01/44	$	980,000.00	$	-	$	19,600.00	$	182,000.00	
05/01/45	$	980,000.00	$	145,000.00	$	19,600.00	$	-	
11/01/45	$	835,000.00	$	-	$	16,700.00	$	181,300.00	
05/01/46	$	835,000.00	$	155,000.00	$	16,700.00	$	-	
11/01/46	$	680,000.00	$	-	$	13,600.00	$	185,300.00	
05/01/47	$	680,000.00	$	160,000.00	$	13,600.00	$	-	
11/01/47	$	520,000.00	$	-	$	10,400.00	$	184,000.00	
05/01/48	$	520,000.00	$	165,000.00	$	10,400.00	$	-	
11/01/48	$	355,000.00	$	-	$	7,100.00	$	182,500.00	
05/01/49	$	355,000.00	$	175,000.00	$	7,100.00	$	-	
11/01/49	$	180,000.00	$	-	$	3,600.00	$	185,700.00	
05/01/50	$	180,000.00	$	180,000.00	$	3,600.00	$	183,600.00	
			$	1,860,000.00	$	1,667,760.00	$	3,564,730.00	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2019

		Allocation Methodology			
		For Parcel K Assessment Area FY 2021 thrugh FY 2037			
				
Total	
				Combined	
		Series 2019	Series 2019 (Parcel	Series 2019	Series 2019	Gross Annual	
		(Refunding)	K) Gross	(Parcel K) Net	(Parcel K)	Debt	
		Gross Assessment	Assessment Per	Annual Per	Gross Annual	Assessment Per	
PRODUCT	No. of Units	Per Unit (1)	Unit (1)	Unit	Per Unit	Unit (1)	
Single Family 40'	77	$	614	$	33,142	$	430	$	458	$	1,072	
Single Family 50'	14	$	658	$	6,574	$	470	$	500	$	1,158	
Townhome	100	$	571	$	39,129	$	391	$	416	$	987	
TOTAL	191	$	78,845			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill	

Proposed Budget
Series 2022 AA1 - Debt Service Fund

	Proposed Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments	
$	-	
$	-	
$	-	
$	-	
$	113,770	
Interest	$	1,778	$	1,422	$	356	$	1,778	$	-	
Carryforward Surplus (1)	$	-	$	-	$	-	$	-	$	58,663	
Total Revenues	$	1,778	$	1,422	$	356	$	1,778	$	172,432	

Expenditures						
Interest - 11/1	$	-	$	-	$	-	$	-	$	56,885	
Interest - 5/1	$	50,248	$	-	$	50,248	$	50,248	$	56,885	
Total Expenditures	$	50,248	$	-	$	50,248	$	50,248	$	113,770	

Other Financing Sources/(Uses)						
Bond Proceeds	$	231,158	$	231,158	$	-	$	231,158	$	-	
Total Other Financing Sources/(Uses)	$	231,158	$	231,158	$	-	$	231,158	$	-	
						
Excess Revenues/(Expenditures)	$	182,688	$	232,581	$	(49,893)	$	182,688	$	58,662	
				
Interest - 11/1/2024	
$56,885	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

		

		

		

		

		

		

05/01/48	$	240,000.00	$	240,000.00	$	7,440.00	$	247,440.00	
			$	1,835,000.00	$	2,441,278.42	$	4,276,278.42	

Series 2022-1 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/23	$	1,835,000.00	$	-	$	56,885.00	$	107,133.42	
05/01/24	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/24	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/25	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/25	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/26	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/26	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/27	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/27	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/28	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/28	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/29	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/29	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/30	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/30	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/31	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/31	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/32	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/32	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/33	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/33	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/34	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/34	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/35	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/35	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/36	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/36	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/37	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/37	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/38	$	1,835,000.00	$	-	$	56,885.00	$	-	
11/01/38	$	1,835,000.00	$	-	$	56,885.00	$	113,770.00	
05/01/39	$	1,835,000.00	$	135,000.00	$	56,885.00	$	-	
11/01/39	$	1,700,000.00	$	-	$	52,700.00	$	244,585.00	
05/01/40	$	1,700,000.00	$	145,000.00	$	52,700.00	$	-	
11/01/40	$	1,555,000.00	$	-	$	48,205.00	$	245,905.00	
05/01/41	$	1,555,000.00	$	155,000.00	$	48,205.00	$	-	
11/01/41	$	1,400,000.00	$	-	$	43,400.00	$	246,605.00	
05/01/42	$	1,400,000.00	$	165,000.00	$	43,400.00	$	-	
11/01/42	$	1,235,000.00	$	-	$	38,285.00	$	246,685.00	
05/01/43	$	1,235,000.00	$	175,000.00	$	38,285.00	$	-	
11/01/43	$	1,060,000.00	$	-	$	32,860.00	$	246,145.00	
05/01/44	$	1,060,000.00	$	185,000.00	$	32,860.00	$	-	
11/01/44	$	875,000.00	$	-	$	27,125.00	$	244,985.00	
05/01/45	$	875,000.00	$	200,000.00	$	27,125.00	$	-	
11/01/45	$	675,000.00	$	-	$	20,925.00	$	248,050.00	
05/01/46	$	675,000.00	$	210,000.00	$	20,925.00	$	-	
11/01/46	$	465,000.00	$	-	$	14,415.00	$	245,340.00	
05/01/47	$	465,000.00	$	225,000.00	$	14,415.00	$	-	
11/01/47	$	240,000.00	$	-	$	7,440.00	$	246,855.00	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2022AA1

		Allocation Methodology			
		For Solara Phase 3 Assessment Area			
			
Net Annual	
Gross Annual	
		Allocation of Par	Maximum	Debt	Debt	
		Debt Per Product	Total Par	Annual Debt	Assesssment	Assessment Per	
PRODUCT	No. of Units	Type	Debt Per Unit	Service	Per Unit	Unit (1)	
Townhomes	60	$	417,046	$	6,951	$	22,672	$	378	$	402	
Single Family 40'	110	$	917,499	$	8,341	$	55,947	$	509	$	541	
Single Family 50'	48	$	500,455	$	10,426	$	35,151	$	732	$	779	
TOTAL	218	$	1,835,000	$	113,770			

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors	

Proposed Budget
Series 2022 AA2 - Debt Service Fund

	Proposed Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Assessments	
$	-	
$	-	
$	-	
$	-	
$	241,568	
Interest	$	2,348	$	1,879	$	470	$	2,348	$	-	
Carryforward Surplus (1)	$	-	$	-	$	-	$	-	$	100,338	
Total Revenues	$	2,348	$	1,879	$	470	$	2,348	$	341,906	

Expenditures						
Interest - 11/1	$	-	$	-	$	-	$	-	$	97,990	
Interest - 5/1	$	86,558	$	-	$	86,558	$	86,558	$	97,990	
Principal - 5/1	$	-	$	-	$	-	$	-	$	45,000	
Total Expenditures	$	86,558	$	-	$	86,558	$	86,558	$	240,980	

Other Financing Sources/(Uses)

Bond Proceeds

$	305,332	$

305,332	$

-	$	305,332	$	-

Excess Revenues/(Expenditures)	$	221,122  $	307,210  $	(86,088)  $	221,122  $	100,926

Total Other Financing Sources/(Uses)	$	305,332  $	305,332  $	-	$	305,332  $	-

Interest - 11/1/2024	$	96,808.75

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Series 2022-2 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/23	$	3,360,000.00	$	
05/01/24	$	3,360,000.00	$	45	
11/01/24	$	3,315,000.00	$	
05/01/25	$	3,315,000.00	$	45	
11/01/25	$	3,270,000.00	$	
05/01/26	$	3,270,000.00	$	50	
11/01/26	$	3,220,000.00	$	
05/01/27	$	3,220,000.00	$	50	
11/01/27	$	3,170,000.00	$	
05/01/28	$	3,170,000.00	$	55	
11/01/28	$	3,115,000.00	$	
05/01/29	$	3,115,000.00	$	60	
11/01/29	$	2,860,000.00	$	
05/01/30	$	2,860,000.00	$	60	
11/01/30	$	2,860,000.00	$	
05/01/31	$	2,860,000.00	$	65	
11/01/31	$	2,860,000.00	$	
05/01/32	$	2,860,000.00	$	70	
11/01/32	$	2,860,000.00	$	
05/01/33	$	2,860,000.00	$	70	
11/01/33	$	2,790,000.00	$	
05/01/34	$	2,790,000.00	$	75	
11/01/34	$	2,715,000.00	$	
05/01/35	$	2,715,000.00	$	80	
11/01/35	$	2,635,000.00	$	
05/01/36	$	2,635,000.00	$	85	
11/01/36	$	2,550,000.00	$	
05/01/37	$	2,550,000.00	$	90	
11/01/37	$	2,460,000.00	$	
05/01/38	$	2,460,000.00	$	95	
11/01/38	$	2,365,000.00	$	
05/01/39	$	2,365,000.00	$	100	
11/01/39	$	2,045,000.00	$	
05/01/40	$	2,045,000.00	$	105	
11/01/40	$	1,925,000.00	$	
05/01/41	$	1,925,000.00	$	115	
11/01/41	$	1,925,000.00	$	
05/01/42	$	1,925,000.00	$	120	
11/01/42	$	1,925,000.00	$	
05/01/43	$	1,925,000.00	$	125	
11/01/43	$	1,800,000.00		
05/01/44	$	1,800,000.00	$	135	
11/01/44	$	1,665,000.00	$	
05/01/45	$	1,665,000.00	$	145	
11/01/45	$	1,520,000.00	$	
05/01/46	$	1,520,000.00	$	155	
11/01/46	$	1,365,000.00	$	
05/01/47	$	1,365,000.00	$	160	
11/01/47	$	1,205,000.00	$	
05/01/48	$	1,205,000.00	$	170	

$	97,990.00	$	184,547.83	
$	97,990.00	$	-	
$	96,808.75	$	239,798.75	
$	96,808.75	$	-	
$	95,627.50	$	237,436.25	
$	95,627.50	$	-	
$	94,315.00	$	239,942.50	
$	94,315.00	$	-	
$	93,002.50	$	237,317.50	
$	93,002.50	$	-	
$	91,558.75	$	239,561.25	
$	91,558.75	$	-	
$	89,983.75	$	241,542.50	
$	89,983.75	$	-	
$	88,408.75	$	238,392.50	
$	88,408.75	$	-	
$	86,702.50	$	240,111.25	
$	86,702.50	$	-	
$	84,865.00	$	241,567.50	
$	84,865.00	$	-	
$	82,835.00	$	237,700.00	
$	82,835.00	$	-	
$	80,660.00	$	238,495.00	
$	80,660.00	$	-	
$	78,340.00	$	239,000.00	
$	78,340.00	$	-	
$	75,875.00	$	239,215.00	
$	75,875.00	$	-	
$	73,265.00	$	239,140.00	
$	73,265.00	$	-	
$	70,510.00	$	238,775.00	
$	70,510.00	$	-	
$	67,610.00	$	238,120.00	
$	67,610.00	$	-	
$	64,565.00	$	237,175.00	
$	64,565.00	$	-	
$	61,230.00	$	240,795.00	
$	61,230.00	$	-	
$	57,750.00	$	238,980.00	
$	57,750.00	$	-	
$	54,000.00	$	236,750.00	
$	54,000.00	$	-	
$	49,950.00	$	238,950.00	
$	49,950.00	$	-	
$	45,600.00	$	240,550.00	
$	45,600.00	$	-	
$	40,950.00	$	241,550.00	
$	40,950.00	$	-	
$	36,150.00	$	237,100.00	
$	36,150.00	$	-	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

Series 2022-2 Special Assessment Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	

11/01/48	
$	
1,035,000.00	
$	-	
$	31,050.00	
$	237,200.00	
05/01/49	$	1,035,000.00	$	185,000.00	$	31,050.00	$	-	
11/01/49	$	850,000.00	$	-	$	25,500.00	$	241,550.00	
05/01/50	$	850,000.00	$	195,000.00	$	25,500.00	$	-	
11/01/50	$	655,000.00	$	-	$	19,650.00	$	240,150.00	
05/01/51	$	655,000.00	$	205,000.00	$	19,650.00	$	-	
11/01/51	$	450,000.00	$	-	$	13,500.00	$	238,150.00	
05/01/52	$	450,000.00	$	220,000.00	$	13,500.00	$	-	
11/01/52	$	230,000.00	$	-	$	6,900.00	$	240,400.00	
05/01/53	$	230,000.00	$	230,000.00	$	6,900.00	$	236,900.00	
			$	3,360,000.00	$	3,996,862.83	$	7,356,862.83	

Westside
Community Development District
Special Assessment Revenue Bonds - Series 2022AA2

PRODUCT

Townhomes Single Family 50'	

No. of Units

128
86	Allocation Methodology
For Soleil Assessment Area

Allocation of Par
Debt Per Product		Total Par Type	Debt Per Unit

$	1,673,466	$	13,074
$	1,686,534	$	19,611	

Maximum Annual Debt Service

$	120,314
$	121,254	

Net Annual Debt Assesssment Per Unit

$	940
$	1,410	

Gross Annual Debt Assessment Per Unit (1)

$	1,000
$	1,500	
TOTAL	214	$	3,360,000	$	241,568	

(1) This amount includes collection fees and early payment discounts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors	

Westside
Community  Development District
Proposed Budget Capital Reserve Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2023	3/31/23	6 Months	9/30/23	FY2024	

Revenues						

Interest	$	-	$	20,365	
$	10,183	
$	30,548	
$	-	
Carry Forward Surplus	$	1,212,507	$	1,243,073	$	-	$	1,243,073	$	1,273,165	
Total Revenues	$	1,212,507	$	1,263,438	$	10,183	$	1,273,621	$	1,273,165	

Expenditures			
Miscellaneous Expense	$	1,500	$	228	$	228	$	456	$	1,500	
Total Expenditures	$	1,500	$	228	$	228	$	456	$	1,500	

Other Sources			
Transfer In (Out)	$	115,000	$	-	$	-	$	-	$	-	
Total Other Sources/(Uses)	$	115,000	$	-	$	-	$	-	$	-	

Excess Revenues/(Expenditures)

$	1,326,007	$	1,263,210	$

9,955	$	1,273,165	$	1,271,665

SECTION VI

SECTION C

SECTION 1

Westside
Community Development District

Summary of Check Register

March 01, 2023 through March 31, 2023

Fund	Date	Check No.'s	Amount	

General Fund	

3/1/23	

1888-1892	

$	1,335,751.82	
	3/21/23	1893-1897	$	37,605.08	

Total Amount	$	1,373,356.90

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/25/23	PAGE	1
*** CHECK DATES 03/01/2023 - 03/31/2023 ***	WESTSIDE CDD - GENERAL FUND
BANK A WESTSIDE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/01/23 00029	2/03/23 109553	202301 310-51300-31500	*	3,907.50
GENERAL COUNSEL - JAN 23

-	-	-	- -	-	-	-	-	-	- - - - -	
			*						1,860.66	
			*						1,648.90	
			*						6,575.75	
			*						638.10	

LATHAM,LUNA,EDEN & BEAUDINE, LLP	3,907.50 001888

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00016	3/01/23 03012023 202303 300-20700-10000
FY22 EXCESS FUNDS - SER18 3/01/23 03012023 202303 300-20700-10000
FY22 EXCESS FUNDS - SER19 3/01/23 03012023 202303 300-20700-10000
FY22 EXCESS FUNDS -SER19R 3/01/23 03012023 202303 300-20700-10000
FY22 EXCESS FUNDS -SER19K

- - - - - - - -

WESTSIDE CDD C/O USBANK	10,723.41 001889
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00016	3/01/23 03012023 202303 300-20700-10000	*	55,481.50
DIRECT ASSMNT - SER05-2
3/01/23 03012023 202303 300-20700-10000	*	19,900.00
DIRECT ASSMNT - SER07-2
WESTSIDE CDD C/O USBANK	75,381.50 001890
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00016	3/01/23 03012023 202303 300-20700-10000	*	131,040.50
DIRECT ASSESSMENTS S2019R
WESTSIDE CDD C/O USBANK	131,040.50 001891
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/23 00016	3/01/23 03012023 202303 300-20700-10000	*	193,415.16
ON ROLL ASSMNT - SER18
3/01/23 03012023 202303 300-20700-10000	*	171,403.39
ON ROLL ASSMNT - SER19
3/01/23 03012023 202303 300-20700-10000	*	683,549.99
ON ROLL ASSMNT - SER19R
3/01/23 03012023 202303 300-20700-10000	*	66,330.37
ON ROLL ASSMNT - SER19K
WESTSIDE CDD C/O USBANK	1,114,698.91 001892
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/23 00056	2/28/23 15696	202302 320-53800-46400	*	600.00
WESTSIDE CDD STORM WATER
2/28/23 15696	202302 320-53800-46400	*	100.00
GOODMAN POND HERBICIDE
2/28/23 15696	202302 320-53800-46400	*	275.00
SOLARA PONDS S1,S2 AND S3
2/28/23 15696	202302 320-53800-46400	*	100.00
TRACT RR HERBICIDE
AQUATIC WEED MANAGEMENT, INC.	1,075.00 001893
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/23 00079	1/14/23 INV-0005 202301 320-53800-49400	*	1,687.00 REPLACE 3 LINE POST
WEST WESTSIDE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/25/23	PAGE	2
*** CHECK DATES 03/01/2023 - 03/31/2023 ***	WESTSIDE CDD - GENERAL FUND
BANK A WESTSIDE CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/14/23 INV-0013 202301 320-53800-49400	*	1,647.00 HURRICANE REPAIRS TAN PVC
1/14/23 INV-0014 202301 320-53800-49400	*	1,774.00 REPAIR/RPLCD PANELS/POLES
1/15/23 INV-0010 202301 320-53800-49400	*	4,998.00 RPLCD/REPAIR FENCE-HURRIC
HILLCREST FFENCE LLC	10,106.00 001894
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/23 00029	3/07/23 110130	202302 310-51300-31500	*	5,833.32
GENERAL COUNSEL - FEB 23
LATHAM,LUNA,EDEN & BEAUDINE, LLP	5,833.32 001895
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/23 00036	3/31/23 R182527- 202303 310-51300-49200	*	178.26
PROPERTY TAXES FY22
BRUCE VICKERS,TAX COLLECTOR	178.26 001896
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/23 00039	3/01/23 OS 49701 202303 320-53800-46200	*	20,412.50 LANDSCAPE MAINT - MAR 23
YELLOWSTONE LANDSCAPE	20,412.50 001897
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	1,373,356.90
TOTAL FOR REGISTER	1,373,356.90

WEST WESTSIDE	ZYAN

SECTION 2

Westside
Community Development District

Unaudited Financial Reporting
March 31, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund 	

4	
	Series 2005 Debt Service Fund	

5	
	Series 2007 Debt Service Fund	

6	
	Series 2018 Debt Service Fund	

7	
	Series 2019 Debt Service Fund	

8	
	Series 2019 Refunding Bonds Debt Service Fund	

9	
	Series 2019 Parcel K Debt Service Fund	

10	
	Series 2022 AA1 Debt Service Fund	

11	
	Series 2022 AA2 Debt Service Fund	

12	
	Capital Projects Fund	

13	
	Capital Reserve Fund	

14-15	
	Month to Month	

16	
	Assessment Receipt Schedule	

Westside
Community Development District Combined Balance Sheet
March 31, 2023

General Fund

Debt Service Fund

Capital Projects Fund

Capital Reserve Fund

Totals Governmental Funds

Assets:
Cash:
Operating Account Capital Projects Account
Investments: Series 2005 - 2
Reserve Revenue Prepayment
Series 2007 - 2 Reserve Revenue Prepayment
Series 2018 Reserve Revenue Construction
Series 2019 Reserve Revenue Construction
Series 2019 K Reserve Revenue Construction
Series 2019 R Reserve Revenue
Cost of Issuance Series 2022 AA1
Reserve Revenue Interest Construction Cost of Issuance
Series 2022 AA2 Reserve Revenue Prepayment Construction Cost of Issuance
Due from General Fund Investments - SBA Prepaid Expenses

$	573,129
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-
$	-
$	-

$	-
$	-
$	-
$	-
$	-
$	-
$	210,650
$	2,478

$	-
$	-

$	100,342
$	111,908
$	4,152

$	36,260
$	53,287
$	2,929

$	115,065
$	223,567
$	-

$	101,595
$	188,285
$	-

$	92,850
$	80,115
$	-

$	503,479
$	1,092,766
$	7,025

$	124,025
$	1,422
$	107,133
$	-
$	-

$	120,784
$	1,879
$	-
$	-
$	-
$	135,423
$	-
$	-

$	-
$	24,440

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	2

$	-
$	-
$	1

$	-
$	-
$	9,467

$	-
$	-
$	-

$	-
$	-
$	-
$	1,508,519
$	1,900

$	-
$	-
$	-
$	2,880,852
$	3,420
$	-
$	-
$	-

$	524,167
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-

$	-
$	-
$	-
$	-
$	-

$	-
$	-
$	-
$	-
$	-
$	-
$	739,044
$	-

$	1,097,295
$	24,440

$	100,342
$	111,908
$	4,152

$	36,260
$	53,287
$	2,929

$	115,065
$	223,567
$	2

$	101,595
$	188,285
$	1

$	92,850
$	80,115
$	9,467

$	503,479
$	1,092,766
$	7,025

$	124,025
$	1,422
$	107,133
$	1,508,519
$	1,900

$	120,784
$	1,879
$	-
$	2,880,852
$	3,420
$	135,423
$	949,694
$	2,478

Total Assets	$	786,257	$	3,388,839	$	4,428,600	$	1,263,210	$	9,866,907

Liabilities: Accounts Payable Due to Debt Service
Accrued Interest Payable Accrued Principal Payable

$	24,362
$	135,423
$	-
$	-

$	-	$	-	$
$	-	$	-	$
$	28,521	$	-	$
$	140,000	$	-	$

-	$	24,362
-	$	135,423
-	$	28,521
-	$	140,000

Total Liabilites	$	159,785	$	168,521	$	-	$	-	$	328,306

Fund Balance:
Nonspendable: Prepaid Items
Restricted for:
Debt Service - Series 2005 Debt Service - Series 2005 - 2 Debt Service - Series 2007 Debt Service - Series 2007 - 2 Debt Service - Series 2018 Debt Service - Series 2019 Debt Service - Series 2019 K Debt Service - Series 2019 R Debt Service - Series 2019 R Debt Service - Series 2019 R Capital Projects
Unassigned

$	2,478

$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	623,994

$	-

$	-
$	133,122
$	-
$	44,926
$	352,914
$	302,537
$	177,863
$	1,669,166
$	232,581
$	307,210
$	-
$	-

$	-

$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	4,428,600
$	-

$	-

$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	-
$	1,263,210

$	2,478

$	-
$	133,122
$	-
$	44,926
$	352,914
$	302,537
$	177,863
$	1,669,166
$	232,581
$	307,210
$	4,428,600
$	1,887,204

Total Liabilities & Fund Balance	$	786,257	$	3,388,839	$	4,428,600	$	1,263,210	$	9,866,907

Total Fund Balances	$	626,472	$	3,220,318	$	4,428,600	$	1,263,210	$	9,538,601

Revenues:		
Assessments - Tax Roll	$	472,157	$	455,590	$	455,590	$	-	
Assessments - Direct Bill	$	94,070	$	70,553	$	70,553	$	-	
Interest	$	1,000	$	1,000	$	6,333	$	5,333	
Total Revenues	$	567,228	$	527,142	$	532,476	$	5,333	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	2,800	$	3,200	
FICA Expense	$	918	$	459	$	214	$	245	
Engineering Fees	$	10,500	$	5,250	$	6,588	$	(1,338)	
Legal Services	$	40,000	$	20,000	$	12,634	$	7,366	
Arbitrage Fees	$	3,250	$	1,350	$	1,350	$	-	
Management Fees	$	45,647	$	22,823	$	22,824	$	(0)	
Information Technology	$	1,800	$	900	$	900	$	-	
Website Maintenance	$	1,200	$	600	$	600	$	-	
Dissemination Fees	$	14,000	$	7,000	$	8,167	$	(1,167)	
Trustee Fees	$	20,142	$	13,321	$	13,321	$	-	
Assessment Roll Services	$	12,500	$	12,500	$	12,500	$	-	
Auditing Services	$	4,100	$	-	$	-	$	-	
Telephone	$	100	$	50	$	-	$	50	
Postage	$	2,250	$	1,125	$	527	$	598	
Insurance - General Liability	$	9,693	$	9,693	$	9,262	$	431	
Printing and Binding	$	1,500	$	750	$	655	$	95	
Legal Advertising	$	1,800	$	900	$	4,772	$	(3,872)	
Other Current Charges	$	1,600	$	800	$	-	$	800	
Office Supplies	$	400	$	200	$	27	$	173	
Misc. Expenses	$	-	$	-	$	654	$	(654)	
Property Appraiser's Fee	$	1,100	$	1,100	$	1,311	$	(211)	
Property Taxes	$	200	$	183	$	183	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	184,875	$	105,179	$	99,463	$	5,716	

Operations & Maintenance		
Field Expenditures
Landscape Maintenance	

$	223,115	

$	111,557	

$	124,982	

$	(13,425)	
Oak Tree Maintenance	$	25,000	$	12,500	$	-	$	12,500	
Irrigation Repairs	$	15,000	$	7,500	$	11,045	$	(3,545)	
Plant Replacement	$	30,000	$	15,000	$	-	$	15,000	
Electric	$	1,650	$	825	$	179	$	646	
Streetlighting	$	80,300	$	40,150	$	28,441	$	11,709	
Irrigation Water	$	63,800	$	31,900	$	13,379	$	18,521	
Property Insurance	$	5,000	$	5,000	$	1,189	$	3,811	
Field Management	$	20,288	$	10,144	$	10,144	$	(0)	
Lake & Wetland Maintenance	$	19,845	$	9,923	$	10,900	$	(977)	
Sidewalk Repairs & Maintenance	$	4,000	$	2,000	$	-	$	2,000	
Contingency	$	26,000	$	13,000	$	13,906	$	(906)	
Stormwater/Lake Repair	$	15,000	$	7,500	$	21,115	$	(13,615)	
Total Operations & Maintenance	$	528,998	$	266,999	$	235,279	$	31,719	
					
Total Expenditures	$	713,872	$	372,178	$	334,742	$	37,436	
					
Excess (Deficiency) of Revenues over Expenditures	$	(146,645)		$	197,733		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(115,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(115,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(261,645)		$	197,733		
					
Fund Balance - Beginning	$	261,645		$	428,738		
					
Fund Balance - Ending	$	-		$	626,472		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	
Revenues:					

Assessments - Direct Bill	
$	110,963	
$	83,222	
$	83,222	
$	-	
Interest	$	-	$	-	$	1,589	$	1,589	
Total Revenues	$	110,963	$	83,222	$84,811	$	1,589	

Expenditures:					
Debt Service Obligation	$	110,963	$	43,364	$	43,364	$	-	
Total Expenditures	$	110,963	$	43,364	$	43,364	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$41,447	$	1,589	
					
Fund Balance - Beginning	$	-		$	91,675		
					
Fund Balance - Ending	$	-		$	133,122		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:					
Assessments - Direct Bill	$	39,800	$	29,850	$	29,850	$	-	
Interest	$	-	$	-	$	780	$	780	
Total Revenues	$	39,800	$	29,850	$	30,630	$	780	

Expenditures:					
Debt Service Obligation	$	39,800	$	37,440	$	37,440	$	-	
Total Expenditures	$	39,800	$	37,440	$	37,440	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	(6,810)		
					
Fund Balance - Beginning	$	-		$	51,736		
					
Fund Balance - Ending	$	-		$	44,926		

Revenues:					
Assessments - Tax Roll	$	230,130	$	207,697	$	207,697	$	-	
Interest	$	-	$	-	$	1,655	$	1,655	
Total Revenues	$	230,130	$	207,697	$	209,352	$	1,655	

Expenditures:					
Interest - 11/1	$	83,525	$	83,525	$	83,525	$	-	
Principal - 5/1	$	60,000	$	-	$	-	$	-	
Interest - 5/1	$	83,525	$	-	$	-	$	-	
Total Expenditures	$	227,050	$	83,525	$	83,525	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	3,080		$	125,827		
					
Fund Balance - Beginning	$	108,325		$	227,087		
					
Fund Balance - Ending	$	111,405		$	352,914		

Revenues:					
Assessments - Tax Roll	$	203,846	$	184,060	$	184,060	$	-	
Interest	$	-	$	-	$	1,356	$	1,356	
Total Revenues	$	203,846	$	184,060	$	185,416	$	1,356	

Expenditures:					
Interest - 11/1	$	70,639	$	70,639	$	70,639	$	-	
Principal - 5/1	$	60,000	$	-	$	-	$	-	
Interest - 5/1	$	70,639	$	-	$	-	$	-	
Total Expenditures	$	201,279	$	70,639	$	70,639	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,567		$	114,776		
					
Fund Balance - Beginning	$	82,804		$	187,761		
					
Fund Balance - Ending	$	85,371		$	302,537		

Revenues:					
Assessments - Tax Roll	$	811,922	$	734,023	$	734,023	$	-	
Assessments - Direct Bill	$	195,284	$	146,463	$	146,463	$	-	
Interest	$	-	$	-	$	8,404	$	8,404	
Total Revenues	$	1,007,205	$	880,486	$	888,891	$	8,404	

Expenditures:					
Interest - 11/1	$	227,857	$	227,857	$	227,857	$	-	
Principal - 5/1	$	560,000	$	-	$	-	$	-	
Interest - 5/1	$	227,857	$	-	$	-	$	-	
Total Expenditures	$	1,015,714	$	227,857	$	227,857	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(8,508)		$	661,034		
					
Fund Balance - Beginning	$	490,066		$	1,008,132		
					
Fund Balance - Ending	$	481,558		$	1,669,166		

Revenues:					
Assessments - Tax Roll	$	78,845	$	71,228	$	71,228	$	-	
Interest	$	-	$	-	$	1,156	$	1,156	
Total Revenues	$	78,845	$	71,228	$	72,384	$	1,156	

Expenditures:					
Interest - 11/1	$	36,970	$	36,970	$	36,970	$	-	
Interest - 5/1	$	36,970	$	-	$	-	$	-	
Total Expenditures	$	73,940	$	36,970	$	36,970	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	4,905		$	35,414		
					
Fund Balance - Beginning	$	48,212		$	142,449		
					
Fund Balance - Ending	$	53,117		$	177,863		

Revenues:		
Interest	$	-	$	-	$	1,422	$	1,422	
Total Revenues	$	-	$	-	$	1,422	$	1,422	

Expenditures:					
Interest - 11/1	$	-	$	-	$	-	$	-	
Principal - 5/1	$	-	$	-	$	-	$	-	
Interest - 5/1	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	1,422		

Other Financing Sources/(Uses):					
Bond Proceeds	$	-	$	-	$	231,158	$	231,158	
Total Other Financing Sources/(Uses)	$	-	$	-	$	231,158	$	231,158	
					
Net Change in Fund Balance	$	-	$	232,581		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	232,581		

Revenues:					
Interest	$	-	$	-	$	1,879	$	1,879	
Total Revenues	$	-	$	-	$	1,879	$	1,879	

Expenditures:					
Interest - 11/1	$	-	$	-	$	-	$	-	
Principal - 5/1	$	-	$	-	$	-	$	-	
Interest - 5/1	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	1,879		

Other Financing Sources/(Uses):					
Bond Proceeds	$	-	$	-	$	305,332	$	305,332	
Total Other Financing Sources/(Uses)	$	-	$	-	$	305,332	$	305,332	
					
Net Change in Fund Balance	$	-	$	307,210		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	307,210		

Westside
Community Development District Capital Projects Funds
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2023

Series	Series	Series	Series	Series	Series	
2007-2	2018	2019	2019K	2022 AA1	2022 AA2	Total	

Revenues		
Developer Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Interest	$	1	$	-	$	-	$	94	$	9,303	$	17,701	$	27,099	
Total Revenues	$	1	$	-	$	-	$	94	$	9,303	$	17,701	$	27,099	

Expenditures:								
Miscellaneous Expense	$	354	$	-	$	-	$	-	$	-	$	-	$	354	
Capital Outlay	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Capital Outlay - COI	$	-	$	-	$	-	$	-	$	103,704	$	180,269	$	283,973	
Total Expenditures	$	354	$	-	$	-	$	-	$	103,704	$	180,269	$	284,327	
								
Excess (Deficiency) of Revenues over Expenditures	$	(353)	$	-	$	-	$	94	$	(94,401)	$	(162,568)	$	(257,228)	

Other Financing Sources/(Uses)								
Transfer In/(Out)	$	-	$	-	$	-	$	-	$	(29)	$	29	$	-	
Bond Proceeds	$	-	$	-	$	-	$	-	$	1,609,140	$	3,054,668	$	4,663,808	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	$	1,609,111	$	3,054,697	$	4,663,808	
								
Net Change in Fund Balance	$	(353)	$	-	$	-	$	94	$	1,514,710	$	2,892,129	$	4,406,580	
								
Fund Balance - Beginning	$	24,793	$	2	$	1	$	9,373	$	(4,291)	$	(7,857)	$	22,020	
								
Fund Balance - Ending	$	24,440	$	2	$	1	$	9,467	$	1,510,419	$	2,884,272	$	4,428,600	

Westside
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/23	Thru 03/31/23	Variance	

Revenues:					
Interest	$	-	$	-	$	20,365	$	20,365	
Total Revenues	$	-	$	-	$	20,365	$	20,365	

Expenditures:

Miscellaneous Expense	

$	1,500	

$	750	

$	228	

$	522	
Total Expenditures	$	1,500	$	750	$	228	$	522	
					
Excess (Deficiency) of Revenues over Expenditures	$	(1,500)		$	20,137		

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	115,000	

$	-	

$	-	

$	-	
Total Other Financing Sources/(Uses)	$	115,000	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	113,500		$	20,137		
					
Fund Balance - Beginning	$	1,212,507		$	1,243,073		
					
Fund Balance - Ending	$	1,326,007		$	1,263,210		

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

$	19,470	$	-	$	-	$	-	$	-	$	-	$	-	$	
$	13,312	$	-	$	-	$	-	$	-	$	-	$	-	$	
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	

Revenues:

Assessments - Tax Roll Assessments - Direct Bill Assessments - Lot Closings

$	-	$
$	37,865  $
$	-	$

47,214  $
-	$
-	$

366,546  $
9,170  $
-	$

10,503  $
10,206  $
-	$

11,857
-
-

455,590
70,553
-

Interest	$	816	$	990	$	1,130	$	1,203	$	1,142	$	1,053	$	-	$	-	$	-	$	-	$	-	$	-	$	6,333	
Total Revenues	$	38,681	$	48,203	$	376,846	$	21,911	$	12,999	$	33,835	$	-	$	-	$	-	$	-	$	-	$	-	$	532,476	

Expenditures:								

General & Administrative:								

Supervisor Fees	
$	200	
$	600	
$	800	
$	-	
$	600	
$	600	
$	-	$	-	$	-	$	-	$	-	$	-	$	2,800	
FICA Expense	$	15	$	46	$	61	$	-	$	46	$	46	$	-	$	-	$	-	$	-	$	-	$	-	$	214	
Engineering Fees	$	483	$	2,053	$	-	$	3,845	$	-	$	208	$	-	$	-	$	-	$	-	$	-	$	-	$	6,588	
Legal Services	$	827	$	1,533	$	533	$	3,908	$	5,833	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	12,634	
Arbitrage Fees	$	-	$	450	$	900	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,350	
Management Fees	$	3,804	$	3,804	$	3,804	$	3,804	$	3,804	$	3,804	$	-	$	-	$	-	$	-	$	-	$	-	$	22,824	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	150	$	-	$	-	$	-	$	-	$	-	$	-	$	900	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	100	$	-	$	-	$	-	$	-	$	-	$	-	$	600	
Dissemination Fees	$	1,167	$	1,167	$	1,458	$	1,458	$	1,458	$	1,458	$	-	$	-	$	-	$	-	$	-	$	-	$	8,167	
Trustee Fees	$	8,364	$	-	$	-	$	2,788	$	-	$	2,168	$	-	$	-	$	-	$	-	$	-	$	-	$	13,321	
Assessment Roll Services	$	12,500	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	12,500	
Auditing Services	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Postage	$	142	$	2	$	155	$	16	$	33	$	178	$	-	$	-	$	-	$	-	$	-	$	-	$	527	
Insurance - General Liability	$	9,262	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	9,262	
Printing and Binding	$	176	$	106	$	60	$	134	$	-	$	179	$	-	$	-	$	-	$	-	$	-	$	-	$	655	
Legal Advertising	$	4,355	$	416	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	4,772	
Other Current Charges	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Office Supplies	$	0	$	13	$	13	$	0	$	1	$	0	$	-	$	-	$	-	$	-	$	-	$	-	$	27	
Misc. Expenses	$	120	$	105	$	110	$	105	$	107	$	107	$	-	$	-	$	-	$	-	$	-	$	-	$	654	
Property Appraiser's Fee	$	-	$	-	$	-	$	-	$	-	$	1,311	$	-	$	-	$	-	$	-	$	-	$	-	$	1,311	

Property Taxes	$	-	$	5	$	-	$	-	$	-	$	178	$	-		$	-	$	-		$	-		$	-		$	-		$	183	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-		$	-	$	-		$	-		$	-		$	-		$	175	
Total General & Administrative	$	41,841	$	10,549	$	8,145	$	16,308	$	12,132	$	10,488	$		-	$	-	$		-	$		-	$		-	$		-	$	99,463	

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Operations & Maintenance

Field Expenditures

Landscape Maintenance Oak Tree Maintenance Irrigation Repairs
Plant Replacement Electric Streetlighting Irrigation Water Property Insurance Field Management
Lake & Wetland Maintenance Sidewalk Repairs & Maintenance Contingency
Stormwater/Lake Repair

$	20,413  $
$	-  $
$	1,148  $
$	-  $
$	31  $
$	4,684  $
$	3,402  $
$	1,189  $
$	1,691  $
$	2,337  $
$	-  $
$	-  $
$	11,615  $

20,413  $
-  $
-  $
-  $
31  $
4,684  $
1,556  $
-  $
1,691  $
4,075  $
-  $
-  $
9,500  $

20,413  $
-  $
2,141  $
-  $
31  $
4,670  $
2,203  $
-  $
1,691  $
1,075  $
-  $
-  $
-  $

20,413  $
-  $
6,154  $
-  $
31  $
4,670  $
2,846  $
-  $
1,691  $
1,262  $
-  $
10,106  $
-  $

22,919  $
-  $
-  $
-  $
31  $
4,867  $
805  $
-  $
1,691  $
1,075  $
-  $
-  $
-  $

20,413  $	-  $
-  $	-  $
1,601  $	-  $
-  $	-  $
26  $	-  $
4,867  $	-  $
2,568  $	-  $
-  $	-  $
1,691  $	-  $
1,075  $	-  $
-  $	-  $
3,800  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	124,982
-  $	-
-  $	11,045
-  $	-
-  $	179
-  $	28,441
-  $	13,379
-  $	1,189
-  $	10,144
-  $	10,900
-  $	-
-  $	13,906
-  $	21,115

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	(49,669)  $	(4,295) $	336,479  $	(41,569)  $	(30,520)  $	(12,693)  $	-  $	-  $	-  $	-  $	-  $	-  $	197,733

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(49,669)  $	(4,295)  $	336,479  $	(41,569)  $	(30,520)  $	(12,693)  $	-  $	-  $	-  $	-  $	-  $	-  $	197,733

Total Expenditures	$	88,350  $	52,498  $	40,367  $	63,480  $	43,519  $	46,528  $	-  $	-  $	-  $	-  $	-  $	-  $	334,742

Total Operations & Maintenance	$	46,509  $	41,949  $	32,222  $	47,172  $	31,387  $	36,041  $	-  $	-  $	-  $	-  $	-  $	-  $	235,279

COMMUNITY DEVELOPMENT DISTRICT

Gross Assessments	$  536,423.46	$  244,548.00	$  216,717.00	$  864,258.87	$	83,866.00	$ 1,945,813.33	
Net Assessments	$  504,238.05	$  229,875.12	$  203,713.98	$  812,403.34	$	78,834.04	$ 1,829,064.53	
	27.57%	12.57%	11.14%	44.42%	4.31%	100.00%	

Special Assessment Receipts Fiscal Year 2023

ON ROLL ASSESSMENTS

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2018 Debt Service	2019 Debt Service	2019 Refund Debt Service	2019 Parcel k Debt Service	
Total	

11/18/22	
ACH	
$6,076.82	
$0.00	
($121.54)	
$0.00	
$5,955.28	
$1,641.76	
$748.45	
$663.27	
$2,645.12	
$256.68	
$5,955.28	
11/22/22	ACH	$168,680.47	$0.00	($3,373.60)	$0.00	$165,306.87	$45,571.94	$20,775.61	$18,411.23	$73,423.24	$7,124.85	$165,306.87	
12/09/22	ACH	$161.30	$0.00	($3.23)	$0.00	$158.07	$43.57	$19.87	$17.61	$70.21	$6.81	$158.07	
12/09/22	ACH	$474.11	$0.00	($9.48)	$0.00	$464.63	$128.09	$58.39	$51.75	$206.37	$20.03	$464.63	
12/09/22	ACH	$1,242,319.50	$0.00	($24,846.39)	$0.00	$1,217,473.11	$335,634.02	$153,010.88	$135,597.34	$540,756.87	$52,474.00	$1,217,473.11	
12/22/22	ACH	$113,781.93	$0.00	($2,275.65)	$0.00	$111,506.28	$30,740.14	$14,014.01	$12,419.13	$49,527.00	$4,806.00	$111,506.28	
01/10/23	ACH	$158.17	$0.00	($3.16)	$0.00	$155.01	$42.74	$19.48	$17.26	$68.85	$6.68	$155.01	
01/10/23	ACH	$3,009.55	$0.00	($60.19)	$0.00	$2,949.36	$813.08	$370.67	$328.49	$1,310.00	$127.12	$2,949.36	
01/10/23	ACH	$34,759.77	$0.00	($695.19)	$0.00	$34,064.58	$9,390.95	$4,281.20	$3,793.98	$15,130.24	$1,468.21	$34,064.58	
01/24/23	ACH	$0.00	$0.00	$0.00	$927.79	$927.79	$255.78	$116.60	$103.33	$412.09	$39.99	$927.79	
02/09/23	ACH	$158.32	$0.00	($3.17)	$0.00	$155.15	$42.77	$19.50	$17.28	$68.91	$6.69	$155.15	
02/09/23	ACH	$1,165.84	$0.00	($23.31)	$0.00	$1,142.53	$314.98	$143.59	$127.25	$507.47	$49.24	$1,142.53	
02/09/23	ACH	$42,564.95	$0.00	($851.30)	$0.00	$41,713.65	$11,499.66	$5,242.53	$4,645.90	$18,527.67	$1,797.89	$41,713.65	
03/09/23	ACH	$158.44	$0.00	($3.17)	$0.00	$155.27	$42.81	$19.51	$17.29	$68.97	$6.69	$155.27	
03/09/23	ACH	$225.43	$0.00	($4.51)	$0.00	$220.92	$60.90	$27.77	$24.61	$98.12	$9.52	$220.92	
03/10/23	ACH	$71,683.12	$0.00	($1,433.66)	$0.00	$70,249.46	$19,366.43	$8,828.89	$7,824.11	$31,202.23	$3,027.80	$70,249.46	
	TOTAL	$	1,685,377.72	$	-	$	(33,707.55)	$	927.79	$ 1,652,597.96	$  455,589.62	$  207,696.95	$  184,059.83	$  734,023.36	$	71,228.20	$ 1,652,597.96	

90%
$  176,466.57

Net Percent Collected Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

MATTAMY ORLANDO LLC				
$174,417.30	
$40,822.88	
$133,594.42	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series
2019R	
10/25/22	11/1/22	33443	$87,208.65	$87,208.65	$20,411.44	$66,797.21	
1/25/23	2/1/23	34595	$43,604.32	$43,604.32	$10,205.72	$33,398.60	
	5/1/23		$43,604.32		$0.00	$0.00	
			$174,417.29	$130,812.97	$30,617.16	$100,195.81	

CORNERSTONE-ICM B-BAY LLC			
$185,669.52	
$34,906.52	
$110,963.00	
$39,800.00	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series
2005 - 2	Series
2007 - 2	
10/25/22	11/1/22	1321	$92,834.76	$92,834.76	$17,453.26	$55,481.50	$19,900.00	
3/16/23	2/1/23	1400	$46,417.38	$46,417.38	$8,726.63	$27,740.75	$9,950.00	
	5/1/23		$46,417.38		$0.00	$0.00	$0.00	
			$185,669.52	$139,252.14	$26,179.89	$83,222.25	$29,850.00	

GOLDEN CAY LLC				
$80,030.10	
$18,340.72	
$61,689.38	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Operations &
Maintenance	Series
2019R	
12/28/22	11/1/22	300075498	$40,015.05	$40,015.05	$9,170.36	$30,844.69	
3/14/23	2/1/23	0300124876	$20,007.52	$20,007.52	$4,585.17	$15,422.35	
	5/1/23		$20,007.52		$0.00	$0.00	
			$80,030.09	$60,022.57	$13,755.53	$46,267.04	

SECTION 3

REB,ATE REPORT
$1,860,000
Westside Community Development District
(Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Dated: December 6, 2019
Delivered: December 6, 2019

Rebate Report to the Computation Date December 6, 2024
Reflecting Activity To February 28, 2023

-i■■■i..
AMTEC

TABLE OF CONTENTS

AMTEC Opinion	3
Summary of Rebate Computations	4
Summary of Computational Information and Definitions	5
Methodology	7
Sources and Uses	8
Proof of Arbitrage Yield	9
Bond Debt Service	11
Arbitrage Rebate Calculation Detail Report - Acquisition & Construction Fund	13
Arbitrage Rebate Calculation Detail Report - Debt Service Reserve Fund	14
Arbitrage Rebate Calculation Detail Report - Capitalized Interest Fund	16
Arbitrage Rebate Calculation Detail Report - Costs oflssuance Account	17
Arbitrage Rebate Calculation Detail Report- Rebate Computation Credits	18

!

A\AMTEC
I ■I! 	American Municipal Tax-Exempt Compliance

90 Avon Meadow Lane Avon, CT 06001
(T) 860-321-7521
(F} 860-321-7581
www.amteceorp.com

April 6, 2023

Westside Community Development District c/o Ms. Katie Costa
Director of Operations - Accounting Division Government Management Services - CF, LLC 6200 Lee Vista Blvd, Suite 300
Orlando, FL 32822

Re:		$1,860,000 Westside Community Development District (Osceola County, Florida), Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the ''Bonds") at the request of the Westside Community Development District (the ''District'')

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(±) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of November 30, 2023. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo Senior Vice President

77'1.'
Trong M. Tran Assistant Vice President

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the December 6, 2024 Computation Date
Reflecting Activity from December 6, 2019 through February 28, 2023

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrae:e	
Acauisition & Construction Fund	0.117446%	678.36	(26,623.97)	
Debt Service Reserve Fund	0.344813%	1,037.15	(12,378.06)	
Capitalized Interest Fund	0.060446%	27.48	(2,116.04)	
Costs oflssuance Account	0.000000%	0.00	0.00	
Totals	0.188540%	$1.742.99	$(41,118.07)	
Bond Yield	3.979551%		
Rebate Comoutation Credits	(6,043.89)	
Net Rebatable Arbitrae:e	$(47,161.96)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from December 6, 2019, the date of the closing, to February 28, 2023, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of December 6, 2024.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an ann's length transaction.

During the period between December 6, 2019 and February 28, 2023, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1112th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
December 6, 2024.

Computation Period
The period beginning on December 6, 2019, the date of the closing, and ending on February 28, 2023.

BondYear
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis.of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Acquisition & Construction Fund	228722005	
Revenue Account	228722000	
Interest Account	228722001	
Sinking Fund Account	228722002	
Debt Service Reserve Fund	228722003	
Prepayment Account	228722004	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of February 28, 2023, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to December 6, 2024. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on December 6, 2024, is the Rebatable Arbitrage.

$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)
Delivered: December 6, 2019

 Pa	Amount	
Totals I

I r 

Sources of Funds

Uses of Funds

Acquisition & Construction Fund	$1,472,398.61	
Debt Service Reserve Fund	92,850.00	
Capitalized Interest Fund	66,751.39	
Costs of Issuance Account	178,000.00	
UndeJWriter's Discount	50,000.00	
Total	$1,860,000.00	

Date	
Debt Service	to 12/06/2019 @ 3.9795513505%	
05/01/2020	29,781.39	29,312.45	
11/01/2020	36,970.00	35,677.96	
05/01/2021	36,970.00	34,981.89	
11/01/2021	36,970.00	34,299.41	
05/01/2022	36,970.00	33,630.25	
11/01/2022	36,970.00	32,974.14	
05/01/2023	36,970.00	32,330.82	
11/01/2023	36,970.00	31,700.06	
05/01/2024	36,970.00	31,081.61	
11/01/2024	36,970.00	30,475.22	
05/01/2025	36,970.00	29,880.66	
11/01/2025	36,970.00	29,297.71	
05/01/2026	36,970.00	28,726.12	
11/01/2026	36,970.00	28,165.69	
05/01/2027	36,970.00	27,616.19	
11/01/2027	36,970.00	27,077.41	
05/01/2028	36,970.00	26,549.14	
11/01/2028	36,970.00	26,031.18	
05/01/2029	36,970.00	25,523.32	
11/01/2029	36,970.00	25,025.37	
05/01/2030	36,970.00	24,537.14	
11/01/2030	36,970.00	24,058.43	
05/01/2031	36,970.00	23,589.06	
11/01/2031	36,970.00	23,128.85	
05/01/2032	36,970.00	22,677.61	
11/01/2032	36,970.00	22,235.18	
05/01/2033	41,970.00	24,749.91	
11/01/2033	36,875.00	21,321.12	
05/01/2034	41,875.00	23,739.75	
11/01/2034	36,780.00	20,444.50	
05/01/2035	41,780.00	22,770.71	
11/01/2035	36,685.00	19,603.79	
05/01/2036	41,685.00	21,841.10	
11/01/2036	36,590.00	18,797.52	
05/01/2037	41,590.00	20,949.34	
11/01/2037	36,495.00	18,024.29	
05/01/2038	126,495.00	61,255.01	
11/01/2038	34,785.00	16,515.95	
05/01/2039	149,785.00	69,730.58	
11/01/2039	32,600.00	14,880.45	
05/01/2040	152,600.00	68,296.15	
11/01/2040	30,200.00	13,252.32	
05/01/2041	155,200.00	66,775.96	
11/01/2041	27,700.00	11,685.61	
05/01/2042	157,700.00	65,229.92	
11/01/2042	25,100.00	10,179.64	
05/01/2043	160,100.00	63,663.89	
11/01/2043	22,400.00	8,733.60	
05/01/2044	162,400.00	62,083.28	
11/01/2044	19,600.00	7,346.63	
05/01/2045	164,600.00	60,493.00	
11/01/2045	16,700.00	6,017.76	
05/01/2046	171,700.00	60,664.18	
11/01/2046	13,600.00	4,711.34	
05/01/2047	173,600.00	58,965.57	
11/01/2047	10,400.00	3,463.58	
05/01/2048	175,400.00	57,275.00	

Date	
Debt Service	to I2/06/20 I 9
@ 3.9795513505%	
11/01/2048	7,100.00	2,273.20	
05/01/2049	182,100.00	57,165.26	
11/01/2049	3,600.00	1,108.07	
05/01/2050	183,600.00	55,409.17	
	3,705,421.39	1,860,000.00	

Proceeds Summary		

Delivery date	
12/06/2019	
Par Value	1,860,000.00	
Target for yield calculation	1,860,000.00	

 	

BOND DEBT SERVICE

$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019 (Windsor Parcel K)

Period
Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual
Debt Sen1ice	
12/06/2019						
05/01/2020			29,781.39	29,781.39	29,781.39	
11/01/2020			36,970.00	36,970.00		
05/01/2021			36,970.00	36,970.00	73,940.00	
11/01/2021			36,970.00	36,970.00		
05/01/2022			36,970.00	36,970.00	73,940.00	
11/01/2022			36,970.00	36,970.00		
05/01/2023			36,970.00	36,970.00	73,940.00	
I 1/01/2023			36,970.00	36,970.00		
05/01/2024			36,970.00	36,970.00	73,940.00	
11/01/2024			36,970.00	36,970.00		
05/01/2025			36,970.00	36,970.00	73,940.00	
11/01/2025			36,970.00	36,970.00		
05/01/2026			36,970.00	36,970.00	73,940.00	
11/01/2026			36,970.00	36,970.00		
05/01/2027			36,970.00	36,970.00	73,940.00	
11/01/2027			36,970.00	36,970.00		
05/01/2028			36,970.00	36,970.00	73,940.00	
11/01/2028			36,970.00	36,970.00		
05/01/2029			36,970.00	36,970.00	73,940.00	
11/01/2029			36,970.00	36,970.00		
05/01/2030			36,970.00	36,970.00	73,940.00	
11/01/2030			36,970.00	36,970.00		
05/01/2031			36,970.00	36,970.00	73,940.00	
11/01/2031			36,970.00	36,970.00		
05/01/2032			36,970.00	36,970.00	73,940.00	
11/01/2032			36,970.00	36,970.00		
05/01/2033	5,000	3.800%	36,970.00	41,970.00	78,940.00	
11/01/2033			36,875.00	36,875.00		
05/01/2034	5,000	3.800%	36,875.00	41,875.00	78,750.00	
11/01/2034			36,780.00	36,780.00		
05/01/2035	5,000	3.800%	36,780.00	41,780.00	78,560:00	
11/01/2035			36,685.00	36,685.00		
05/01/2036	5,000	3.800%	36,685.00	41,685.00	78,370.00	
11/01/2036			36,590.00	36,590.00		
05/01/2037	5,000	3.800%	36,590.00	41,590.00	78,180.00	
11/01/2037			36,495.00	36,495.00		
05/01/2038	90,000	3.800%	36,495.00	126,495.00	162,990.00	
11/01/2038			34,785.00	34,785.00		
05/01/2039	115,000	3.800%	34,785.00	149,785.00	184,570.00	
I 1/01/2039			32,600.00	32,600.00		
05/01/2040	120,000	4.000%	32,600.00	152,600.00	185,200.00	
11/01/2040			30,200.00	30,200.00		
05/01/2041	125,000	4.000%	30,200.00	155,200.00	185,400.00	
11/01/2041			27,700.00	27,700.00		
05/01/2042	130,000	4.000%	27,700.00	157,700.00	185,400.00	
11/01/2042			25,100.00	25,100.00		
05/01/2043	135,000	4.000%	25,100.00	160,100.00	185,200.00	
11/01/2043			22,400.00	22,400.00		
05/01/2044	140,000	4.000%	22,400.00	162,400.00	184,800.00	
11/01/2044			19,600.00	19,600.00		
05/01/2045	145,000	4.000%	19,600.00	164,600.00	184,200.00	
11/01/2045			16,700.00	16,700.00		
05/01/2046	155,000	4.000%	16,700.00	171,700.00	188,400.00	
I 1/01/2046			13,600.00	13,600.00		
05/01/2047	160,000	4.000%	13,600.00	173,600.00	187,200.00	
11/01/2047			10,400.00	10,400.00		
05/01/2048	165,000	4.000%	10,400.00	175,400.00	185,800.00	

====================	=
BOND DEBT SERVICE

$1,860,000
Westside Community Development District (Osceola County, Florida)
Special Assessment Revenue Bonds, Series 2019
(Windsor Parcel K)

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual
Debt Service	
I1/01/2048			7,100.00	7,100.00		
05/01/2049	175,000	4.000%	7,100.00	182,100.00	189,200.00	
11/01/2049			3,600.00	3,600.00		
05/01/2050	180,000	4.000%	3,600.00	183,600.00	187,200.00	
	1,860,000		1,845,421.39	3,705,421.39	3,705,421.39	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

DATE	DESCRIPTION

RECEIPTS (PAYMENTS)

FUTURE VALUE@ BOND YIELD OF (3.979551%)

12/06/19	Beg	Bal	-1,472,398.61	-1,793,047.37	
04/02/20			-12,632.61	-15,189.56	
04/20/20			1,472,743.00	1,767,353.37	
11/12/20			3,500.00	4,108.30	
02/28/23	Bal		9,449.65	10,133.14	
02/28/23	Ace		16.93	18.15	

12/06/24	
TOTALS:	
678.36	
-26,623.97	

ISSUE DATE:	12/06/19	REBATABLE ARBITRAGE:	-26,623.97	
COMP DATE:	12/06/24	NET INCOME:	678.36	
BOND YIELD: 3.979551%	TAX INV YIELD:	0.117446%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE@
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)

12/06/19	Beg	Bal	-92,850.00	-ll3,070.23	
01/03/20			9.92	12.04	
02/04/20			11.80	14.28	
03/03/20			9.77	11.78	
04/02/20			4.40	5.29	
05/04/20			0.76	0.91	
06/02/20			0.79	0.94	
07/02/20			0.46	0.55	
08/04/20			0.43	0.51	
09/02/20			0.39	0.46	
10/02/20			0.38	0.45	
ll/03/20			0.39	0.46	
12/02/20			0.34	0.40	
01/05/21			0.34	0.40	
02/02/21			0.39	0.45	
03/02/21			0.36	0.42	
04/02/21			0.39	0.45	
05/04/21			0.38	0.44	
06/02/21			0.39	0.45	
07/02/21			0.38	0.43	
08/03/21			0.39	0.44	
09/02/21			0.39	0.44	
10/04/21			0.38	0.43	
11/02/21			0.39	0.44	
12/02/21			0.38	0.43	
01/04/22			0.39	0.44	
02/02/22			0.39	0.44	
03/02/22			0.36	0.40	
04/04/22			0.39	0.43	
05/03/22			0.38	0.42	
06/02/22			0.39	0.43	
07/05/22			0.38	0.42	
08/02/22			0.39	0.43	
09/02/22			61.24	66.95	
10/04/22			114.47	124.70	
ll/02/22			140.42	152.50	
12/02/22			148.81	161.08	
01/04/23			173.49	187.14	
02/02/23			184.56	198.47	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
		FUTURE VALUE@	
	RECEIPTS	BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
02/28/23	Bal	92,850.00	99,565.86	
02/28/23	Ace	166.70	178.76	
12/06/24	TOTALS:	1,037.15	-12,378.06	

ISSUE DATE:	12/06/19	

REBATABLE ARBITRAGE:	

-12,378.06	
COMP DATE:	12/06/24	NET INCOME:	1,037.15	
BOND YIELD: 3.979551%	TAX INV YIELD:	0.344813%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE@ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
12/06/19	Beg Bal	-66,751.39	-81,288.05	
01/03/20	7.13	8.66	
02/04/20	8.48	10.26	
03/03/20	7.02	8.47	
04/02/20	3.16	3.80	
05/01/20	29,781.39	35,695.91	
05/04/20	0.55	0.66	
06/02/20	0.31	0.37	
07/02/20	0.18	0.21	
08/04/20	0.17	0.20	
09/02/20	0.16	0.19	
10/02/20	0.15	0.18	
11/02/20	36,970.00	43,442.90	
11/03/20	0.16	0.19	
12/02/20	0.01	0.01	
12/06/24	TOTALS:	27.48	-2,116.04	

ISSUE DATE:	12/06/19	REBATABLE ARBITRAGE:	-2,116.04	
COMP DATE:	12/06/24	NET INCOME:	27.48	
BOND YIELD:	3.979551%	TAX INV YIELD:	0.060446%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE@ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
12/06/19	Beg Bal	-178,000.00	-216,763.61	
12/06/19	15,000.00	18,266.60	
12/06/19	12,500.00	15,222.16	
12/06/19	3,500.00	4,262.21	
12/06/19	37,500.00	45,666.49	
12/06/19	42,500.00	51,755.36	
12/06/19	3,500.00	4,262.21	
12/06/19	8,000.00	9,742.18	
12/06/19	2,500.00	3,044.43	
12/06/19	5,425.00	6,606.42	
12/06/19	6,500.00	7,915.52	
12/06/19	37,500.00	45,666.49	
12/06/19	3,575.00	4,353.54	
12/06/24	TOTALS:	0.00	0.00	

ISSUE DATE:	12/06/19	REBATABLE ARBITRAGE: COMP DATE:	12/06/24	 NET INCOME:
BOND YIELD: 3.979551%	TAX INV YIELD:

0.00
0.00
0.000000%

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @
BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.979551%)	
12/06/20	-1,760.00	-2,060.47	
12/06/21	-1,780.00	-2,003.36	
12/06/22	-1,830.00	-1,980.06	
12/06/24	TOTALS:	-5,370.00	-6,043.89	

ISSUE DATE: COMP DATE:

12/06/19
12/06/24

REBATABLE ARBITRAGE: -6,043.89

BOND YIELD: 3.979551%

S.ECTION 4

District	Landowner	Total O&M	Total Debt	Total Due Westside

Golden Cay

$	18,340.72  $

61,689.38  $

80,030.10

O&M	Debt	Total	Paid

07-25-27-5461-0001-00D0	Nov

$ 9,170.36

$  30,844.69  $

40,015.05

Paid 12/28/22

Series 2019

$	61,689.38

Feb May

$ 4,585.18
$ 4,585.18

$  15,422.35  $
$  15,422.35  $

20,007.52
20,007.52

Paid 3/31/23

Total	$ 18,340.72  $  61,689.38  $	80,030.10

Mattamy H

$	40,822.88

$ 133,594.42

$ 174,417.30

O&M	Debt	Total	Paid

18-25-27-3160-000B-0110	Nov

$ 20,411.44

$  66,797.21  $

87,208.65

Paid 11/1/22

Series 2019

$ 133,594.42

Feb May

$ 10,205.72
$ 10,205.72

$  33,398.60  $
$  33,398.60  $

43,604.32
43,604.32

Paid 1/23/23

Total	$ 40,822.88  $ 133,594.42  $ 174,417.30

CORNERSTONE-ICM B-BAY LLC	O&M	Debt	Total	Paid

07-25-27-5461-0001-0015

$	34,906.52

$ 150,763.00

$ 185,669.52

Nov

$ 17,453.26

$  75,381.50  $

92,834.76

Paid 11/1/22

Series 2005

$ 110,963.00

Feb May

$ 8,726.63
$ 8,726.63

$  37,690.75  $
$  37,690.75  $

46,417.38
46,417.38

Paid 3/20/23

Series 2007

$	39,800.00

Total

$ 34,906.52

$ 150,763.00

$ 185,669.52

Section 5

MARY JANE ARRINGTON
OSCEOLA COUNTY SUPERVISOR OF ELECTIONS

April 25, 2023

Ms. Stacie Vanderbilt Recording Secretary
Westside Community Development District 219 E. Livingston St.
Orlando, FL 32801

RE:	Westside Community Development District - Registered Voters Dear Ms. Vanderbilt:
Thank you for your letter requesting confirmation of the number of registered voters within the Wesiside Community Development District as of April 15, 2023.

The number of registered voters within the Westside COD is 1,245 as of April 15, 2023. If I can be of further assistance, please contact me at 407.742.6000.
Respectfully yours,
-af
Mary Jane Arrington
Supervisor of Elections

RECEIVED
APR 2 8 2023
GMS-CF,LLC

2509 East Irlo Bronson Memorial Highway • Kissimmee, FL 34744 407.742.6000 • Fax: 407.742.6001 • www.voteosceola.com