STATEMENT 1 CROSS CREEK CDD
FY 2015 ADOPTED BUDGET GENERAL FUND (O&M) UPDATED: 8-13-2014

	FY 2012
ACTUALS	FY 2013
ACTUALS	FY 2014
ADOPTED	FY 2014
YTD -APRIL	FY 2015
ADOPTED	VAIRANCE
2014 TO 2015	
REVENUES							
DEFICIT BROUGHT FORWARD	$	$	-	$	$	-	$	-	$	-	
DEVELOPER CONTRIBUTIONS	32,878						
INTERFUND TRANSFER	-	8,664	-	-			
SPECIAL ASSESSMENTS - ON-ROLL		114,798	111,901	7,045		(0)	
SPECIAL ASSESSMENTS - OFF-ROLL	-		154,973	-	154,973	0	
MISCELLANEOUS REVENUE	-	549		-	-	-	
INTEREST REVENUE	-	-		3	-	-	
ALLOWANCE FOR UNCOLLECTIBLE					-		
ASSESSMENT DISCOUNT		-	-	0	-		
TOTAL REVENUES	32,878	124,010	266,874	7,048	266,874	(0)	
GENERAL ADMINISTRATIVE							
SUPERVISOR FEES	-	193	3,000		3,000		
PAYROLL TAXES			-	-		-	
PAYROLL PROCESSING FEES			-	-	-		
DISTRICT MANAGER	24,322	24,322	24,000	958	24,000	-	
RECORDING SECRETARY	4,140	4,140	4,000		4,000		
DISTRICT ENGINEER	2,013	384	2,500		2,500	-	
FINANCIAL SERVICES	21,220	21,220	24,000		24,000	-	
AUDITING SERVICES		15,450	6,500	-	6,500	-	
TRAVEL PER DIEM	-	-	-	-	-	-	
POSTAGE, PHONE, FAXES, COPIES	302	174	600	-	600		
RENTALS & LEASES	2,500	2,500	2,575	-	2,575		
LEGAL ADVERTISING	182	1,526	800	83	800	-	
BANK FEES	218	280	235	121	235	-	
DUES, LICENSES & FEES	175	200	185	175	185	-	
MISCELLANEOUS ADMINISTRATION	2,218	-	-	-		-	
OFFICE SUPPLIES	-	-	75	-	75	-	
TECHNOLOGY SERVICES/WEBSITE	1,242	1,242	1,800	-	1,800	-	
CAPITAL OUTLAY	-		-		-	-	
LEGAL COUNSEL	12,946	30,403	12,500	4,501	12,500	-	
COUNTY COLLECTION FEES		-	-	-			
TOTAL GENERAL ADMINISTRATIVE	71,479	102,032	82,770	5,838	82,770	-	
DEBT SERVICE ADMINISTRATION							
DISCLOSURE REPORT	3,000	3,000	3,150	1,000	3,150	-	
TRUSTEE FEES	32,842	(4,364)	10,000	-	10,000		
ARBITRAGE REBATE CALCULATION	1,150		1,400	-	1,400	-	
INVESTMENT REPORTING FEES	-	-	-	-	-	-	
TOTAL DEBT SERVICE ADMINISTRATION	36,992	(1,364)	14,550	1,000	14,550	-	
INSURANCE							
PUBLIC OFFICIALS INSURANCE	1,515	(206)	1,600	1,426	1,600	-	
GENERAL LIABILITY/PROPERTY INSURANCE	-	-	8,154	-	8,154		
TOTAL INSURANCE	1,515	(206)	9,754	1,426	9,754	-	

STATEMENT 1 CROSS CREEK CDD
FY 2015 ADOPTED BUDGET GENERAL FUND (O&M) UPDATED: 8-13-2014

	FY 2012
ACTUALS	FY 2013
ACTUALS	FY 2014
ADOPTED	FY 2014
YTD -APRIL	FY 2015
ADOPTED	VAIRANCE
2014 TO 2015	
UTILITIES							
ELECTRICITY UTILITY SERVICES	-	(2,404)	32,000	-	32,000	-	
GARBAGE COLLECTION	210	192	5,150	115	5,150		
WATER UTILITY SERVICES	672	755	1,600	416	1,600	-	
TOTAL UTILITIES	882	{1,457)	38,750	531	38,750	-	
PHYSICAL ENVIRONMENT							
FIELD MANAGER	-	-	6,000	-	6,000	-	
ENTRY WALL MAINTENANCE	-	-	2,500	-	2,500	-	
LANDSCAPE MAINTENANCE - CONTRACT	-	7,700	22,200	-	22,200		
LANDSCAPE MAINTENANCE - OTHER	-		1,850		1,850	-	
IRRIGATION MAINTENANCE	-	(682)	4,000	-	4,000	-	
PLANT REPLACEMENT	-	-	6,000	-	6,000	-	
WATERWAY MGT PROGRAM - CONTRACT	28		11,000	-	11,000	-	
WATERWAY MGT PROGRAM - OTHER		4	2,800	-	2,800		
FIELD MISCELLANEOUS			-			-	
TOTAL PHYSICAL ENVIRONMENT	28	7,022	56,350		56,350		
ROAD & STREET FACILITIES							
DECORATIVE LIGHT MAINTENANCE	-	-	2,000	-	2,000	-	
PAVEMENT AND SIGNAGE REPAIRS	-	-	-	-	-	-	
STREET SWEEPING		-	-		-	-	
TOTAL ROAD & STREET FACILITIES		-	2,000	-	2,000	-	
PARKS AND RECREATION							
CLUB FACILITY MAINTENANCE	-		14,000	-	14,000	-	
CLUBHOUSE STAFF	-	-	24,000		24,000	-	
CLUBHOUSE SUPPLIES	-	-	3,600	-	3,600		
POOL MAINTENANCE - CONTRACT	-	-	7,200	-	7,200		
POOL MAINTENANCE - OTHER	-	250	1,500	-	1,500		
PARK MAINTENANCE		-	2,400	-	2,400	-	
SPECIAL EVENTS				-	-	-	
SECURITY PATROL	-	-	10,000	-	10,000		
SECURITY SYSTEM	-	-	-	-	-	-	
CONTINGENCY			-	-			
TOTAL PARKS AND RECREATION	-	250	62,700	-	62,700		
TOTAL EXPENDITURES	110,895	106,277	266,874	8,795	266,874		
INCREASE IN FUND BALANCE	-	-	-	-		-	
TOTAL REVENUES OVER EXPENDITURES		(78,017)		17,733	-	(1,747)			

FUND BALANCE - BEGINNING		(195,525)		(273,541)	(255,808)	(255,808)	(255,808)		
FUND BALANCE - ENDING	$	(273,542)	$	(255,808)	$	(255,808)	$	{257,555)	$	{255,808)	$	

STATEMENT 2 CROSS CREEK CDD
FY 2015 ADOPTED BUDGET GENERAL FUND {O&M) UPDATED: 8-13-2014

ERU Assignment, Ranking and Calculation /(a)

THl	48	0.44	21.12	3.53%	
TH2	80	0.47	37.60	6.28%	
TH3	48	0.48	23.04	3.85%	
Villas	156	0.87	135.72	22.68%	
SF 55'	146	1.00	146.00	24.40%	
SF 65'	44	1.18	51.92	8.68%	
SF 70'	134	1.27	170.18	28.44%	
SF 100'	7	1.82	12.74	2.13%	
Total	663		598.32	100.00%	

O&M Assessment Requirement ("AR") - excluding County Charges

AR= FY 2015 Budget:	266,874 net Total ERU: 		598.32 
Total AR/ ERU - NET:	 $446.04 Total AR/ ERU - GROSS: (7.0%)	$479.61

Allocation of AR (Difference Due to Rounding) As If All Assessments on County Tax Roll /(a)

THl	48	0.44	$196.26	$9,420	$211.03	$10,129	
TH2	80	0.47	$209.64	$16,771	$225.42	$18,033	
TH3	48	0.48	$214.10	$10,277	$230.21	$11,050	
Villas	156	0.87	$388.05	$60,536	$417.26	$65,093	
SF 55'	146	1.00	$446.04	$65,122	$479.61	$70,023	
SF 65'	44	1.18	$526.33	$23,158	$565.94	$24,901	
SF 70'	134	1.27	$566.47	$75,907	$609.11	$81,620	
SF 100'	7	1.82	$811.79	$5,683	$872.89	$6,110	
Total	663			$266,874		$286,961	

Footnote:	
(a) According to Supplemental Assessment Report, 2/20/07. The land within the CDD will be developed in multiple phases for a projected total of 663 lots.

CrossCreek Community Development District Fiscal Year 2015 Adopted Budget
Debt Service Fund - $10,205,000 SARB, Series 2007A

	Fiscal Year	Fiscal Year 2015	
REVENUES
Special Assessments - Off-Roll/On-Roll	
729,160	
704,160	
	$	729,160	$	704,160	
EX:PEND!TURES
Series 2007A Bond Principal Payment	
170,000	
180,000	
Series 2007A Bond May 1 Interest Payment	281,960	264,600	
Series 2007A Bond Nov. 1 Interest Payment	277,200	259,560	
	$	729,160	$	704,160	
			
	$	$	

Table 1. - Assessment Allocation /(a)			

THl	48	0.600	28.80	5%	$	32,483	$	
TH2	80	0.600	48.00	8%	$	54,139	$	676.73	
TH3	48	0.600	28.80	5%	$	32,483	$	676.73	
Villas	156	0.882	137.54	22%	$ 155,130	$	994.42	
SF	55'	146	1.000	146.00	23%	$ 164,672	$ 1,127.89	
SF	65'	44	1.182	51.99	8%	$	58,643	$ 1,332.79	
SF	70'	134	1.273	170.52	27%	$ 192,322	$ 1,435.24	
SF 100'	7	1.818	12.72	2%	$	14,350	$ 2,049.94	
Total	663		624.37	100%	$  704,220	

Footnote:
Per supplemental assessment report, dated 2/20/07, adjusted for errors.

CrossCreek Community Development District
$10,205,000 SARB, Series 2007A (CUSIP # 22757LAAO)
Debt Service Requirement

Period EndinG		Princieal	Coueon	Interest	Debt Service	Annual Debt Srvc.	Balance	
2/22JW07
11/1/2007			
5.600%	
395,274	
395,274		
395,274	1-o;zos,ooa/
10,205,000	
5/1/2008			5.600%	285,740	285,740			10,205,000	
11/1/2008			5.600%	285,740	285,740		571,480	10,205,000	
5/1/2009			5.600%	285,740	285,740			10,205,000	
11/1/2009			5.600%	285,740	285,740		571,480	10,205,000	
5/1/2010		135,000	5.600%	285,740	420,740			10,070,000	
11/1/2010			5.600%	281,960	281,960		702,700	10,070,000	
5/1/2011		140,000	5.600%	281,960	421,960			9,930,000	
11/1/2011			5.600%	278,040	278,040		700,000	9,930,000	
5/1/2012		150,000	5.600%	278,040	428,040			9,780,000	
11/1/2012			5.600%	273,840	273,840		701,880	9,780,000	
5/1/2013		160,000	5.600%	273,840	433,840			9,620,000	
11/1/2013			5.600%	269,360	269,360		703,200	9,620,000	
5/1/2014		170,000	5.600%	269,360	439,360			9,450,000	
11/1/2014			5.600%	264,600	264,600		703,960	9,450,000	
5/1/2015		180,000	5.600%	264,600	444,600			9,270,000	
11/1/2015			5.600%	259,560	259,560		704,160	9,270,000	
5/1/2016		190,000	5.600%	259,560	449,560			9,080,000	
11/1/2016			5.600%	254,240	254,240		703,800	9,080,000	
5/1/2017		200,000	5.600%	254,240	454,240			8,880,000	
11/1/2017			5.600%	248,640	248,640		702,880	8,880,000	
5/1/2018		210,000	5.600%	248,640	458,640			8,670,000	
11/1/2018			5.600%	242,760	242,760		701,400	8,670,000	
5/1/2019		225,000	5.600%	242,760	467,760			8,445,000	
11/1/2019			5.600%	236,460	236,460		704,220	8,445,000	
5/1/2020		235,000	5.600%	236,460	471,460			8,210,000	
11/1/2020			5.600%	229,880	229,880		701,340	8,210,000	
5/1/2021		250,000	5.600%	229,880	479,880			7,960,000	
11/1/2021			5.600%	222,880	222,880		702,760	7,960,000	
5/1/2022		265,000	5.600%	222,880	487,880			7,695,000	
11/1/2022
5/1/2023		
280,000	5.600%
5.600%	215,460
215,460	215,460
495,460		703,340	7,695,000
7,415,000	
11/1/2023			5.600%	207,620	207,620		703,080	7,415,000	
5/1/2024		295,000	5.600%	207,620	502,620			7,120,000	
11/1/2024
5/1/2025		
310,000	5.600%
5.600%	199,360
199,360	199,360
509,360		701,980	7,120,000
6,810,000	
11/1/2025			5.600%	190,680	190,680		700,040	6,810,000	
5/1/2026		330,000	5.600%	190,680	520,680			6,480,000	
11/1/2026			5.600%	181,440	181,440		702,120	6,480,000	
5/1/2027		350,000	5.600%	181,440	531,440			6,130,000	
11/1/2027			5.600%	171,640	171,640		703,080	6,130,000	
5/1/2028
11/1/2028		370,000	5.600%
5.600%	171,640
161,280	541,640
161,280		
702,920	5,760,000
5,760,000	
5/1/2029		390,000	5.600%	161,280	551,280			5,370,000	
11/1/2029
5/1/2030		
410,000	5.600%
5.600%	150,360
150,360	150,360
560,360		701,640	5,370,000
4,960,000	
11/1/2030
5/1/2031
11/1/2031		
435,000	5.600%
5.600%
5.600%	138,880
138,880
126,700	138,880
573,880
126,700		699,240

700,580	4,960,000
4,525,000
4,525,000	
5/1/2032		460,000	5.600%	126,700	586,700			4,065,000	
11/1/2032
5/1/2033		
490,000	5.600%
5.600%	113,820
113,820	113,820
603,820		700,520	4,065,000
3,575,000	
11/1/2033			5.600%	100,100	100,100		703,920	3,575,000	
5/1/2034		515,000	5.600%	100,100	615,100			3,060,000	
11/1/2034			5.600%	85,680	85,680		700,780	3,060,000	
5/1/2035
11/1/2035
5/1/2036		545,000

575,000	5.600%
5.600%
5.600%	85,680
70,420
70,420	630,680
70,420
645,420		
701,100	2,515,000
2,515,000
1,940,000	
11/1/2036
5/1/2037		
610,000	5.600%
5.600%	54,320
54,320	54,320
664,320		699,740	1,940,000
1,330,000	
11/1/2037
5/1/2038		
645,000	5.600%
5.600%	37,240
37,240	37,240
682,240		701,560	1,330,000
685,000	
11/1/2038			5.600%	19,180	19,180		701,420	685,000	
5/1/2039		685,000	5.600%	19,180	704,180				
11/1/2039			5.600%				704,180		
total	$	10,205,000	$	12,396,774  $	22,601,774	$	22,601,774		
				max. annual debt service (MADS):	$	704,220.00		
Footnote:	
Data herein for budgetary purposes only.

CrossCreek Community Development District Fiscal Year 2015 Adopted Budget
Debt Service Fund - $6,990,000 SARB, Series 20078

Fiscal Year	Fiscal Year 2015
REVENUES
Special Assessments - Off-Roll/On-Roll	384,450	384,450

$	384,450	$	384,450

EXPENDITURES

Series 2007B Bond May 1 Interest Payment	192,225	192,225
Series 2007B Bond Nov. 1 Interest Payment	192,225	192,225

$	384,450	$	384,450

	0	0 

Footnote:
(a) Bonds were tendered and repurchased in the sum of $6.99MM in 2010.

CrossCreek Community Development District Series 2007B Bonds
CUSIP # 22757LAB8

Period
Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt
Service	
5/1/2010		5.500%	192,225	192,225		
11/1/2010		5.500%	192,225	192,225	384,450	
5/1/2011		5.500%	192,225	192,225		
11/1/2011		5.500%	192,225	192,225	384,450	
5/1/2012		5.500%	192,225	192,225		
11/1/2012		5.500%	192,225	192,225	384,450	
5/1/2013		5.500%	192,225	192,225		
11/1/2013		5.500%	192,225	192,225	384,450	
5/1/2014		5.500%	192,225	192,225		
11/1/2014		5.500%	192,225	192,225	384,450	
5/1/2015		5.500%	192,225	192,225		
11/1/2015		5.500%	192,225	192,225	384,450	
5/1/2016		5.500%	192,225	192,225		
11/1/2016		5.500%	192,225	192,225	384,450	
5/1/2017	6,990,000	5.500%	192,225	7,182,225	

7,182,225	
	6,990,000		2,883,375	9,873,375	9,873,375	

Footnote:						
(a) Bonds were tendered and repurchased in the sum of $6.99MM in 2010. (b} Data herein for budgetary purposes only.