TURNBULL CREEK COMMUNITY DEVELOPMENT DISTRICT 

FISCAL YEAR 2023/2024 O&M AND DEBT SERVICE ASSESSMENT SCHEDULE 

TOTAL O&M BUDGET $1,280,916.00 
COLLECTION COSTS @ 2.0% $27,253.53 
EARLY PAYMENT DISCOUNT @ 4.0% $54,507.06 
TOTAL O&M ASSESSMENT 6.0% $1,362,676.60 

PER LOT ANNUAL ASSESSMENT 
SERIES 2015A1-2 SERIES 2015B1-2 SERIES 2016 
DEBT DEBT DEBT 
O&M SERVICE (2) 

SERVICE (3) 

SERVICE (4) 

TOTAL (5) 



UNITS ASSESSED 
SERIES 2015A1-2 SERIES 2015B1-2 SERIES 2016 
O&M DEBT SERVICE (1) 

DEBT SERVICE (1) 

DEBT SERVICE (1) 



ALLOCATION OF O&M ASSESSMENT 
TOTAL % TOTAL TOTAL 
EAU FACTOR EAU's EAU's O&M BUDGET 

LU LOT SIZE 

0 PHASE 1 
SF-1 SINGLE FAMILY 739 720 734 
SFP-1 SINGLE FAMILY (PARTIAL) 1 1 1 
PHASE 2 
SF-2 SINGLE FAMILY 216 214 212 
SFP-2.1 SINGLE FAMILY (PARTIAL) 1 1 1 
SFP-2.2 SINGLE FAMILY (PARTIAL) 1 1 1 
SFP-2.3 SINGLE FAMILY (PARTIAL) 1 1 1 

0 0 0 
$1,420.93 $1,451.69 $88.08 $0.00 $2,960.70 
$1,420.93 $682.48 $88.08 $0.00 $2,191.49 
$1,420.93 $0.00 $88.08 $1,427.85 $2,936.86 
$1,420.93 $0.00 $88.08 $696.04 $2,205.05 
$1,420.93 $0.00 $88.08 $713.88 $2,222.89 
$1,420.93 $0.00 $88.08 $678.19 $2,187.20 

1.00 739.00 77.06% $1,050,070.91 
1.00 1.00 0.10% $1,420.93 

1.00 216.00 22.52% $306,921.94 
1.00 1.00 0.10% $1,420.93 
1.00 1.00 0.10% $1,420.93 
1.00 1.00 0.10% $1,420.93 

TOTAL 959 721 952 215 

959.00 100.00% $1,362,676.60 

LESS: St. Johns County Collection Costs (2%) and Early Payment Discount (4%): 

($81,760.60) 

Net Revenue to be Collected: 



$1,280,916.00 

(1) Reflects the number of total lots with Series 2015A1-2, Series 2015B1-2, and Series 2016 debt outstanding. 

(2) Annual debt service assessment per lot adopted in connection with the Series 2015A1-2 bond issuance. Annual assessment includes principal, interest, St. Johns County collection costs and early payment discount costs. 

(3) Annual debt service assessment per lot adopted in connection with the Series 2015B1-2 bond issuance. Annual assessment includes principal, interest, St. Johns County collection costs and early payment discount costs. 

(4) Annual debt service assessment per lot adopted in connection with the Series 2016 bond issuance. Annual assessment includes principal, interest, St. Johns County collection costs and early payment discount costs. 

(5) Annual assessment that will appear on November 2023 St. Johns property tax bill. Amount shown includes all applicable county collection costs and early payment discounts (up to 4% if paid early).