UNIVERSITY PLACE
Community Development District

Annual Operating and Debt Service Budget
Fiscal Year 2023

Adopted Budget
Meeting on 08/24/2022

Prepared by:

UNIVERSITY PLACE

Community Development District

Table of Contents	

OPERATING BUDGET

General Fund

Summary of Revenues, Expenditures and Changes in Fund Balances …………………………….. Exhibit A - Allocation of Fund Balances …………………………………………………………………. Budget Narrative ……………………………………………………………………………………………	Page #

1 -2

3

4 - 8	

DEBT SERVICE BUDGET

Series 2022

Summary of Revenues, Expenditures and Changes in Fund Balances …………………………….. Amortization Schedule ……………………………………………………………………………………..	

9

10	

SUPPORTING BUDGET SCHEDULE

Comparison of Assessment Rates ……………………………………………………….………….………..	

11	

UNIVERSITY PLACE
Community Development District

Operating Budget
Fiscal Year 2023

UNIVERSITY PLACE

Community Development District	General Fund

Summary of Revenues, Expenditures and Changes in Fund Balances
Adopted Budget Fiscal Year 2023

ADOPTED	ACTUAL	PROJECTED	TOTAL	ANNUAL	
ACTUAL	ACTUAL	BUDGET	THRU	AUGUST	PROJECTED	BUDGET	
ACCOUNT DESCRIPTION	FY2020	FY 2021	FY 2022	JULY-2022	SEPT 2022	FY 2022	FY 2023	

Interest - Investments	$	19,055	$	3,939	$	6,650	$	3,681	$	736	$	4,417	$	9,500	
Inrerest-Tax Collector	50	-	-	-		-	-	-	
Special Assmnts- Tax Collector	715,020	720,412	723,228	723,228		-	723,228	764,125	
Special Assmnts-Delinquent	-	-	-	1,185		-	1,185	-	
Special Assmnts- Discounts	(26,083)	(26,694)	(28,929)	(25,643)		-	(25,643)	(30,565)	
Other Miscellaneous Revenues	99	2,424	-	-		-	-	-	
TOTAL REVENUES	$	708,141	$  700,081	$  700,949	$  702,451	$	736	$	703,187	$  743,060	
EXPENDITURES

P/R-Board of Supervisors	$	20,200	$	19,200	$	20,000	$	11,200	$	8,800	$	20,000	$	20,000	
FICA Taxes	1,538	1,469	1,530	857	673	1,530	1,530	
ProfServ-Arbitrage Rebate	-	600	600	600	-	600	600	
ProfServ-Dissemination Agent	-	1,000	1,000	-	1,000	1,000	1,000	
ProfServ-Engineering	23,861	18,258	11,000	18,973	3,795	22,768	11,000	
ProfServ-Field Management	3,721	5,363	6,500	813	5,687	6,500	3,250	
ProfServ-Legal Services	7,926	9,105	5,000	8,898	1,780	10,678	5,000	
ProfServ-Mgmt Consulting Serv	47,792	47,792	47,792	39,857	7,935	47,792	49,226	
ProfServ-Property Appraiser	7,378	6,420	10,848	10,500	348	10,848	11,462	
ProfServ-Tax Collector	8,096	10,407	10,848	10,465	383	10,848	11,462	
ProfServ-Trustee	-	3,314	4,865	4,428	437	4,865	4,865	
Auditing Services	6,200	6,300	6,300	6,500	-	6,500	6,500	
Postage and Freight	1,136	402	300	292	58	350	300	
Insurance - General Liability	7,244	7,244	7,968	8,083	-	8,083	8,891	
Printing and Binding	465	6	300	29	271	300	300	
Legal Advertising	3,153	3,563	1,000	838	168	1,006	1,000	
Miscellaneous Services	2,683	4,427	2,000	3,615	723	4,338	5,000	
Office Supplies	134	-	250	-	250	250	250	
Subscriptions and Memberships	-	599	750	1,272	909	2,181	750	
Conferences and Seminars	-	1,960	1,500	1,843	369	2,212	1,960	
Annual District Filing Fee	175	175	175	175	-	175	175	
Total Administrative	$	141,702	$  147,604	$  140,528	$  129,238	$	33,584	$	162,822	$  144,521	
ther Public Safety
Contracts-Security Services	$	75,204	

$	75,204	

$	75,204	

$	62,670	

$	12,534	

$	75,204	

$	75,204	
Contracts-Roving Patrols	-	-	2,500	-	2,500	2,500	2,500	
Electricity - Entrance	4,653	4,432	5,000	3,672	1,328	5,000	5,000	
Utility - Water & Sewer	399	421	498	342	156	498	498	
Insurance - Property	500	500	500	500	-	500	500	
R&M-Gatehouse	17,881	18,082	7,500	6,993	507	7,500	7,500	
Reserve - Gate	21,797	2,731	7,326	10,210	-	10,210	7,326	
Total Other Public Safety	$	120,434	$  101,370	$	98,528	$	84,387	$	17,025	$	101,412	$	98,528	
andscape
Contracts-Landscape	

$	77,842	

$	72,761	

$	69,708	

$	68,480	

$	1,228	

$	69,708	

$	81,600	
R&M-General	753	-	15,000	15,510	3,102	18,612	15,000	
R&M-Renewal and Replacement	14,179	8,575	14,000	12,356	2,471	14,827	14,000	
R&M-Streetlights	1,343	209	500	143	357	500	500	
R&M-Wetland	-	3,600	1,000	-	1,000	1,000	1,000	
Reserve - Culverts	-	-	3,664	-	-	-	3,664	
Reserve - Ponds	7,950	-	10,988	-	-	-	10,988	
Total Landscape	$	102,067	$	85,145	$  114,860	$	96,489	$	8,158	$	104,647	$  126,752	

Administrative

O

L

UNIVERSITY PLACE

Community Development District	General Fund

Summary of Revenues, Expenditures and Changes in Fund Balances		
Adopted Budget Fiscal Year 2023		
			ADOPTED	ACTUAL	PROJECTED	TOTAL	ANNUAL	
	ACTUAL	ACTUAL	BUDGET	THRU	AUGUST	PROJECTED	BUDGET	
ACCOUNT DESCRIPTION	FY2020	FY 2021	FY 2022	JULY-2022	SEPT 2022	FY 2022	FY 2023	
Irrigation Services		
Payroll-Irrigation Staff	$	3,413	$	1,631	$	6,240	$	7,408  $	1,482	$	8,890	$	10,240	
Payroll - Bonus	-	-	500	-	500	500	500	
FICA Taxes	261	125	516	567	152	719	822	
Workers' Compensation	-	-	850	-	850	850	850	
Contracts-Irrigation	74,970	65,813	64,980	68,559	13,712	82,271	77,796	
Utility - Irrigation	28,584	25,684	28,000	30,607	6,121	36,728	28,000	
Insurance - Property	1,924	1,924	1,925	1,808	-	1,808	1,809	
R&M-Irrigation	32,407	31,190	35,000	37,669	7,534	45,203	40,000	
R&M-Pump Station	34,618	23,453	35,000	26,770	8,230	35,000	40,000	
Reserve - Irrigation System	9,489	19,813	23,808	-	-	-	23,808	
Total Irrigation Services	$	185,666	$  169,633	$  196,819	$  173,388 $	38,581	$	211,969	$  223,825	

Road and Street Facilities		
R&M-Roads & Alleyways	$	5,723	$	27,121	$	7,500	$	19,334  $	3,867	$	23,201	$	7,500	
R&M-Street Sweeping	1,080	810	1,500	360	1,140	1,500	720	
Reserve - Roadways	-	6,517	101,571	-	-	-	101,571	
Reserve - Streetlights	-	-	1,832	-	-	-	1,832	
Total Road and Street Facilities	$	6,803	$	34,448	$  112,403	$	19,694 $	5,007	$	24,701	$  111,623	

Common Area		
R&M-General	$	22,014	$	267	$	18,000	$	19,366  $	3,873	$	23,239	$	18,000	
Misc-Holiday Decor	5,096	1,849	1,500	598	902	1,500	1,500	
Reserve - Fence/Monuments	675	1,183	18,311	94	-	94	18,311	
Total Common Area	$	27,785	$	3,299	$	37,811	$	20,058 $	4,775	$	24,833	$	37,811	
		
TOTAL EXPENDITURES	$	584,457	$  541,499	$  700,947	$  523,254 $	107,130	$	630,384	$  743,060	

Excess (deficiency) of revenues		
Over (under) expenditures	123,684	158,582	-	179,197	(106,394)	72,803	-	
OTHER FINANCING SOURCES (USES)		
Operating Transfer - out	-	-	-	(35,700)	-	(35,700)	-	
TOTAL OTHER SOURCES (USES)	-	-	-	(35,700)	-	(35,700)	-	

Net change in fund balance	
123,684	
158,582	
-	
143,497	(106,394)	
37,103	
-	

FUND BALANCE, BEGINNING	
1,407,704	
1,531,388	
1,690,160	
1,690,160	-	
1,690,160	
1,727,263	
FUND BALANCE, ENDING	$  1,531,388	$ 1,690,160	$ 1,690,160	$ 1,833,657 $	(106,394)	$ 1,727,263	$ 1,727,263	

UNIVERSITY PLACE

Community Development District	General Fund

Exhibit "A"
Allocation of Fund Balances

AVAILABLE FUNDS				
		Amount		
Beginning Fund Balance - Fiscal Year 2023	$	1,727,263		
Net Change in Fund Balance - Fiscal Year 2023		-		
Reserves - Fiscal Year 2023 Additions		167,500		
Total Funds Available (Estimated) - 9/30/2023		1,894,763		
ALLOCATION OF AVAILABLE FUNDS				

Nonspendable Fund Balance				
Deposits		200		
	Subtotal	200		
Assigned Fund Balance				
Operating Reserve - First Quarter Operating Capital		123,843	(1)	

Reserves - Culverts (Prior Years)	
44,106			
Reserves - Culverts (Current Year 2022)	3,664			
Reserves - (Current Year Expenses)	-			
Reserves - Culverts (Budget Year 2023)	3,664	51,434		
Reserves - Fence/Monument (Prior Years)	192,186			
Reserves - Fence/Monument (Current Year 2022)	18,311			
Reserves - Fence/Monument (Current Year Expenses)	(94)			
Reserves - Fence/Monument (Budget Year 2023)	18,311	228,714		
Reserves - Gate (Prior Years)	9,730			
Reserves - Gate (Current Year 2022)	7,326			
Reserves - Gate (Current Year Expenses)	(10,210)			
Reserves - Gate (Budget Year 2023)	7,326	14,172		
Reserves - Irrigation System (Prior Years)	239,981			
Reserves - Irrigation System (Current Year 2022)	23,808			
Reserves - Irrigation System (Current Year Expenses)	-			
Reserves - Irrigation System (Budget Year 2023)	23,808	287,597		
Reserves - Ponds (Prior Years)	116,524			
Reserves - Ponds (Current Year 2022)	10,988			
Reserves - Ponds (Current Year Expenses)	-			
Reserves - Ponds (Budget Year 2023)	10,988	138,500		
Reserves - Roadways (Prior Years)	763,552			
Reserves - Roadways (Current Year 2022)	101,571			
Reserves - Roadways (Current Year Expenses)	-			
Reserves - Roadways (Budget Year 2023)	101,571	966,694		
Reserves - Streetlights (Prior Years)	14,032			
Reserves - Streetlights (Current :Year 2022)	1,832			
Reserves - Streetlights (Current Year Expenses)	-			
Reserves - Streetlights (Budget Year 2023)	1,832	17,696		
				
Total Allocation of Available Funds		1,828,650		

Total Unassigned (undesignated) Cash		
66,113		

Notes
(1) Represents approximately 2 months of operating expenditures.				

UNIVERSITY PLACE
Community Development District	General Fund

Budget Narrative
Fiscal Year 2023

REVENUES

Interest-Investments
The district earns interest on the monthly average collected balance for their operating account.

Special Assessments-Tax Collector
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.

Special Assessments-Discounts
Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments.

EXPENDITURES

Administrative

P/R-Board of Supervisors
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting at which they are in attendance. The amount for the Fiscal Year is based upon all supervisors attending all of the meetings.

FICA Taxes
Payroll taxes are calculated at 7.65% of board payroll.

Professional Services-Arbitrage Rebate
The district contracted with an independent professional firm to annually calculate the District's Arbitrage Rebate Liability on its bonds.

Professional Services - Dissemination Agent
The district is required by the Securities and Exchange Commission to comply with rule 15c2-12(b)-(5), which relates to additional reporting requirements for unrelated bond issues. The budgeted amount for the fiscal year is based on standard fees charged for this service with Ada Site Compliance Inc.

Professional Services-Engineering
The district’s engineer provides general engineering services to the district, i.e. attendance and preparation for monthly board meetings when requested, review of invoices, and other specifically requested assignments.

Professional Services-Field Management
This service includes coordinating with vendors regarding service contracts, purchase orders, invoice approval and insurance damage claims to facilitate field operations.

Professional Services-Legal Services
The District’s Attorney provides general legal services to the district, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed or requested by the Board of Supervisors and the District Manager.

UNIVERSITY PLACE
Community Development District	General Fund

Budget Narrative
Fiscal Year 2023

Administrative continued

Professional Services-Management Consulting Services
The district receives Management, Field Services, Accounting, Assessment and Administrative services as part of a Management Agreement with Inframark Management Services, Inc. Also included are costs for Information Technology charges to process all the district’s financial activities, i.e. accounts payable, financial statements, budgets, etc., on a main frame computer owned by Inframark in accordance with the management contract and the charge for rentals. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.

Professional Services-Property Appraiser
The Property Appraiser provides the district with a listing of the legal description of each property parcel within the district boundaries, and the names and addresses of the owners of such property. The district reimburses the Property Appraiser for necessary administrative costs incurred to provide this service. The budget for property appraiser costs is based upon 1.5% of the anticipated assessment collections.

Professional Services-Tax Collector
The district reimburses the Manatee County Tax Collector for the necessary administrative costs and the actual cost of collection or 1.5% on the amount of special assessments collected and remitted, whichever is greater.

Professional Services- Trustees Fees
The district issued the Series 2022 Special Assessment Bonds that are deposited with a Trustee to handle all Trustee matters. The annual trustee fee is based on standard fees charged plus any out-of-pocket expenses.

Auditing Services
The district is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from an existing engagement letter.

Postage and Freight
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.

Insurance-General Liability
The District's General Liability & Public Officials Liability Insurance policy is with Public Risk Insurance Agency, Inc. They specialize in providing insurance coverage to governmental agencies. The budgeted amount allows for a projected increase in the premium.

Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.

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

Miscellaneous Services
This includes monthly bank charges, InnerSync and any other miscellaneous expenses that may be incurred during the year.

Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.

UNIVERSITY PLACE
Community Development District	General Fund

Budget Narrative
Fiscal Year 2023

Administrative continued

Subscriptions and Memberships
This is for the annual fee for FASD is $750, Web hosting (Google Vault).

Conferences and Seminars
This is for the annual FASD conference fee of $1,500.

Annual District Filing Fee
The district is required to pay an annual fee of $175 to the Department of Community Affairs.
Other Public Safety Contracts-Security Services
This is for the monthly gate monitoring.

Contracts-Roving Patrols
This is for the patrols by the Sheriff’s office.

Electricity-Entrance
This is for the monthly electricity expenditures for the entrances.

Utility-Water & Sewer
This is for the monthly water & sewer charges for the gatehouse.

Insurance-Property
This is for the property insurance for the gatehouse.

R&M-Gatehouse
This is for the miscellaneous repairs and maintenance of the gatehouse.

Reserve-Gate
This is for the reserve required for the gates and entry systems of the district.

Landscape

Contracts-Landscape
The district currently has a contract with Total Landscape Care, Inc. to maintain the landscaping around the district.

R&M-General
This is for the miscellaneous general repairs and maintenance required for landscaping.

R&M-Renewal & Replacement
This is for the renewal and replacement of the plants which includes tree trimming around the district.

R&M-Streetlights
This is for the repairs and maintenance of the streetlights around the district.

UNIVERSITY PLACE
Community Development District	General Fund

Budget Narrative
Fiscal Year 2023

Landscape continued

R&M-Wetland
This is for the maintenance of the lakes and wetlands around the district.

Reserve-Culverts
This is for the reserve for the culverts and curb inlets around the district.

Reserve-Ponds
This is for the reserve for the ponds around the district.

Irrigation Services Payroll-Irrigation Staff
This is for the payroll of the Irrigation staff that monitors the irrigation system.

Payroll-Bonus
This is for the bonus for the Irrigation staff.

FICA Taxes
Payroll taxes are calculated at 7.65% of irrigation staff payroll.

Workers Compensation
This is the worker’s compensation for the Irrigation Staff.

Contracts-Irrigation
The district currently has a contract from Total Landscape Care, Inc. to maintain the Irrigation system around the district.

Utility-Irrigation
This is for the monthly electricity and phone charges for the irrigation system.

Insurance – Property
This is for the property insurance for the pumps.

R&M-Irrigation
This is for the repairs and maintenance of the irrigation system.

R&M-Pump Station
This is for the repairs and maintenance of the pump stations for the irrigation system.

Reserves-Irrigation System
This is for the reserve for the irrigation system.

UNIVERSITY PLACE
Community Development District	General Fund

Budget Narrative
Fiscal Year 2023

Irrigation continued

Road and Street Facilities

R&M-Roads and Alleyways
This is for the repairs and maintenance of the roads and streets around the district.

R&M-Street Sweeping
This is for the street sweeping that is performed around the district.

Reserve-Roadway
This is for the reserve required to repair and replace the roads around the district.

Reserve-Streetlights
This is for the reserve for the streetlights around the district.

Common Area R&M-General
This is for pressure washing the sidewalks, curbs and monuments plus any miscellaneous repairs and maintenance required in the common areas around the district.

Misc-Holiday Decor
This is for the decorations that will be displayed around the District during the Holidays.

Reserve-Fence/ Monuments
This is for the reserve for the fence and monuments around the district.

UNIVERSITY PLACE
Community Development District

Debt Service Budget
Fiscal Year 2023

UNIVERSITY PLACE

Community Development District	2022 Debt Service Fund

Summary of Revenues, Expenditures and Changes in Fund Balances
Adopted Budget Fiscal Year 2023

	ACCOUNT DESCRIPTION		ADOPTED
BUDGET FY 2022		ACTUAL
THRU JULY-2022	PROJECTED
AUGUST SEPT 2022	TOTAL
PROJECTED FY 2022	ANNUAL
BUDGET FY 2023	

REVENUES											
Interest - Investments	$	-	$	4	$	1	$	5	$	-	
Special Assmnts- Tax Collector		-		61,122		-		61,122		290,016	
Special Assmnts- Discounts		-		(1,300)		-		(1,300)		(11,601)	
TOTAL REVENUES		-		59,826		1		59,827		278,416	

EXPENDITURES
Administrative
ProfServ-Property Appraiser ProfServ-Tax Collector
Total Administrative	

-
-		

898
898		

-
-		

898
898		

4,350
4,350	
	-		1,796		-		1,796		8,700	

Debt Service
Principal Debt Retirement Interest Expense
Cost of Issuance
Total Debt Service		

-		

192,100		

-		

192,100		

207,700	
		-		16,403		-		16,403		60,049	
		-		89,338		-		89,338		-	
		-		297,841		-		297,841		267,749	
											
TOTAL EXPENDITURES		-		299,637		-		299,637		276,449	
Excess (deficiency) of revenues Over (under) expenditures		

-		

(239,811)		

1		

(239,810)		

1,966	

OTHER FINANCING SOURCES (USES)
Interfund Transfer - In Proceeds of Refunding Bonds
TOTAL OTHER SOURCES (USES)		

-		

344,088
10,543	

-
-		

344,088
10,543		

-	
		-		354,631	-		354,631		1,966	

Net change in fund balance		
-		
114,820		
1		
114,821		
1,966	

FUND BALANCE, BEGINNING		
-		
-	
-			
-		
114,821	
FUND BALANCE, ENDING	$	-	$	114,820	$	1	$	114,821	$	116,787	

UNIVERSITY PLACE		
Community Development District	2022 Debt Service Fund	

Debt Amortization Schedule	
Series 2022 Special Assessment Refunding Bonds	

Date	Loan Balance	Principal	Coupon	Interest	Debt Service		Annual DS	
								
11/1/2022	2,382,900			30,025		30,025			
5/1/2023	2,175,200	207,700	2.520%	30,025		237,725		267,749	
11/1/2023	2,175,200			27,408		27,408			
5/1/2024	1,960,300	214,900	2.520%	27,408		242,308		269,715	
11/1/2024	1,960,300			24,700		24,700			
5/1/2025	1,743,300	217,000	2.520%	24,700		241,700		266,400	
11/1/2025	1,743,300			21,966		21,966			
5/1/2026	1,519,700	223,600	2.520%	21,966		245,566		267,531	
11/1/2026	1,519,700			19,148		19,148			
5/1/2027	1,289,600	230,100	2.520%	19,148		249,248		268,396	
11/1/2027	1,289,600			16,249		16,249			
5/1/2028	1,053,500	236,100	2.520%	16,249		252,349		268,598	
11/1/2028	1,053,500			13,274		13,274			
5/1/2029	815,400	238,100	2.520%	13,274		251,374		264,648	
11/1/2029	815,400			10,274		10,274			
5/1/2030	573,000	242,400	2.520%	10,274		252,674		262,948	
11/1/2030	573,000			7,220		7,220			
5/1/2031	322,100	250,900	2.520%	7,220		258,120		265,340	
11/1/2031	322,100			4,058		4,058			
5/1/2032	63,200	258,900	2.520%	4,058		262,958		267,017	
11/1/2032	63,200			796		796			
5/1/2033		63,200	2.520%	796		63,996		64,793	
Total	$	2,382,900.00	$	350,234.64	$	2,733,134.64	$	2,733,134.64	

UNIVERSITY PLACE
Community Development District

Supporting Budget Schedule
Fiscal Year 2023

UNIVERSITY PLACE

Community Development District	All Funds

Comparison of Assessment Rates Fiscal Year 2023 vs. Fiscal Year 2022

Product	General Fund 001	2022 DS Per Unit	Total Assessments per Unit	O&M	DS	
	FY 2023	FY 2022  Percent
Change	FY 2023  FY 2022  Percent
Change	FY 2023	FY 2022  Percent
Change	Units	Units	

Charleston Charleston Magnolia Magnolia Hampton Hampton Ashley Ashley Carriage Carriage Indigo Indigo	
$2,293.81 $2,171.04  5.65%

$2,293.81 $2,171.04  5.65%

$2,293.81 $2,171.04  5.65%

$2,293.81 $2,171.04  5.65%

$2,150.45 $2,035.35  5.65%

$2,150.45 $2,035.35  5.65%

$1,863.72 $1,763.97  5.65%

$1,863.72 $1,763.97  5.65%

$1,490.98 $1,411.18  5.65%

$1,490.98 $1,411.18  5.65%

$1,490.98 $1,411.18  5.65%

$1,490.98 $1,411.18  5.65%	
$905.44  $970.08	-7%

$234.98  $251.76	-7%

$905.44  $970.08	-7%

$234.98  $251.76	-7%

$848.85  $909.45	-7%

$220.30  $236.03	-7%

$735.67  $788.19	-7%

$190.93  $204.56	-7%

$588.52  $630.54	-7%

$152.74  $163.64	-7%

$588.52  $630.54	-7%

$152.74  $163.64	-7%	
$3,199.24 $3,141.12  1.9%

$2,528.79 $2,422.80  4.4%

$3,199.24 $3,141.12  1.9%

$2,528.79 $2,422.80  4.4%

$2,999.29 $2,944.80  1.9%

$2,370.75 $2,271.38  4.4%

$2,599.39 $2,552.16  1.9%

$2,054.65 $1,968.53  4.4%

$2,079.50 $2,041.72  1.9%

$1,643.71 $1,574.82  4.4%

$2,079.50 $2,041.72  1.9%

$1,643.71 $1,574.82  4.4%	

45

1

45

1

69

1

113

3

54

1

69

1	
44

1

43

1

69

1

107

3

54

1

69

1	
				403	394