NatureWalk Community Development District Debt Service
Fiscal Year 2024/2025	4	

Chart of Accounts Classification	Series 2007A	

Budget for 2024/2025	
			
REVENUES			
Special Assessments			
Net Special Assessments (1)	$411,259.14	$411,259.14	
			
TOTAL REVENUES	$411,259.14	$411,259.14	

EXPENDITURES			
Administrative			
Debt Service Obligation	$411,259.14	$411,259.14	
Administrative Subtotal	$411,259.14	$411,259.14	
			
TOTAL EXPENDITURES	$411,259.14	$411,259.14	
			
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	

Collection Costs (2%) and Early Payment Discount (4%) applicable to the county:	6.0%

GROSS ASSESSMENTS	$437,509.72

Notes:
Tax Roll Collection Costs (2%) and Early Payment Discount (4%) for Walton County is 6.0% of Tax Roll. Budgeted net of tax roll assessments. See Assessment Table.

(1) Maximum Annual Debt Service less Prepaid Assessments received.

NATURE WALK COMMUNITY DEVELOPMENT DISTRICT	5

2024/2025 O&M Budget:		$1,011,603.00	2023/2024 O&M Budget:	$911,814.00	
Collection Costs:	2%	$21,523.47	2024/2025 O&M Budget:	$1,011,603.00	
Early Payment Discounts:	4%	$43,046.94			
2024/2025 Total:		$1,076,173.40	Total Difference:	$99,789.00	

FISCAL YEAR 2024/2025 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

Single Family 35'

Single Family 45'

Lot Size	Assessment Breakdown

Series 2007A Debt Service Operations/Maintenance

Per Unit Annual Assessment Comparison
2023/2024	2024/2025	

$1,138.28
$1,801.66	
$1,138.28
$1,998.84	
$2,939.94	$3,137.12	

$1,463.51
$2,324.14	
$1,463.51
$2,578.50	
$3,787.65	$4,042.01	

$0.00
$6,612.10	
$0.00
$7,335.73	
$6,612.10	$7,335.73	

$978.92
$1,549.43	
$978.92
$1,719.00	
$2,528.35	$2,697.92	

Proposed Increase / Decrease
$	%	

$0.00	
0.00%	
$197.18	10.94%	
$197.18	6.71%	

$0.00	
0.00%	
$254.36	10.94%	
$254.36	6.72%	

$0.00	
0.00%	
$723.63	10.94%	
$723.63	10.94%	

$0.00	
0.00%	
$169.57	10.94%	
$169.57	6.71%	

Total

Series 2007A Debt Service Operations/Maintenance

Total

Office Building

Multifamily (Unplatted)

(1) Prepaid Debt Service Assessment

Series 2007A Debt Service Operations/Maintenance

Total

Series 2007A Debt Service Operations/Maintenance

Total

(1)

NATURE WALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2024/2025 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	6	

TOTAL O&M BUDGET		
$1,011,603.00	
COLLECTION COSTS @	2.0%	$21,523.47	
EARLY PAYMENT DISCOUNT@	4.0%	$43,046.94	
TOTAL O&M ASSESSMENT		
$1,076,173.40	

LESS: Walton County Collection Costs (2%) and Early Payment Discount Costs (4%)		

($64,570.40)	

Net Revenue to be Collected		

$1,011,603.00	

(1) Reflects the number of total lots with Series 2007A debt outstanding.

(2) Annual debt service assessment per lot adopted in connection with the Series 2007A bond issue. Annual assessment includes principal, interest, Walton County collection costs and early payment discount costs.

(3) Annual assessment that will appear on November 2024 Walton County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.	

UNITS ASSESSED	

LOT SIZE	

O&M	
SERIES 2007A DEBT SERVICE (1)	

SINGLE FAMILY 35	
143	
82	
SINGLE FAMILY 45	153	84	
OFFICE BUILDING	1	0	

Total Platted	
297	
166	

MULTIFAMILY	
226	
226	

Total Unplatted	
226	
226	

Total Community	
523	
392	

ALLOCATION OF O&M ASSESSMENT	

EAU FACTOR	
TOTAL EAU's	
% TOTAL EAU's	
TOTAL O&M BUDGET	

1.00	
143.00	
26.56%	
$285,833.58	
1.29	197.37	36.66%	$394,510.30	
3.67	3.67	0.68%	$7,335.73	
	
344.04	
63.90%	
$687,679.60	

0.86	
194.36	
36.10%	
$388,493.80	
	
194.36	
36.10%	
$388,493.80	
	
538.40	
100.00%	
$1,076,173.40	

PER LOT ANNUAL ASSESSMENT	

O&M	
SERIES 2007A DEBT SERVICE (2)	

TOTAL (3)	

$1,998.84	
$1,138.28	
$3,137.12	
$2,578.50	$1,463.51	$4,042.01	
$7,335.73	$0.00	$7,335.73	

$1,719.00	

$978.92	

$2,697.92