SOMERSET COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

2025/2026 Total:

Total Difference:

Total

Total

$70,000.00

$1,771,544.68

Per Unit Annual Assessment Comparison
2024/2025	2025/2026	

$1,252.44	
$1,252.44	
$2,030.60	$2,119.71	
$3,283.04	$3,372.15	

$939.33	
$939.33	
$1,522.95	$1,589.78	
$2,462.28	$2,529.11	

Proposed Increase / Decrease
$	%	

$0.00	
0.00%	
$89.11	4.39%	
$89.11	2.71%	

$0.00	
0.00%	
$66.83	4.39%	
$66.83	2.71%	

Single Family	Series 2022 Debt Service	
	Operations/Maintenance	

		

		

Commercial	Series 2022 Debt Service	
	Operations/Maintenance	

		

		

Lot Size	Assessment Breakdown	

2025/2026 O&M Budget:		
Collection Costs:	2%	
Early Payment Discounts:	4%	

	
$1,665,252.00	
$35,430.89	
$70,861.79	

	
2024/2025 O&M Budget:	
2025/2026 O&M Budget:	

	
$1,595,252.00	
$1,665,252.00	

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

				

			

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

TOTAL O&M BUDGET		$1,665,252.00	
COLLECTION COSTS @	2.0%	$35,430.89	
EARLY PAYMENT DISCOUNT @	4.0%	$70,861.79	
TOTAL O&M ASSESSMENT	$1,771,544.68	

	UNITS ASSESSED	

LOT SIZE	

O&M	
SERIES 2022 (REFUNDING)
DEBT SERVICE (1)	

SINGLE & MULTI FAMILY COMMERCIAL (5)	
616
28.25	
616
28.25	
Total Platted	644.25	644.25	

Unplatted			
SINGLE & MULTI FAMILY	171	162	
COMMERCIAL (5)	36.75	25.60	
Total Unplatted	207.75	187.60	
		
Total Community	852	831.85	

ALLOCATION OF O&M ASSESSMENT	

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

1.00	
616.00	
73.71%	
$1,305,739.18	
0.75	21.19	2.54%	$44,911.28	
	637.19	76.24%	$1,350,650.47	

1.00	

171.00	

20.46%	

$362,469.81	
0.75	27.56	3.30%	$58,424.41	
	198.56	23.76%	$420,894.22	
	835.75	100.00%	$1,771,544.68	

PER LOT ANNUAL ASSESSMENT	

O&M (2)	
SERIES 2022 (REFUNDING)
DEBT SERVICE (2)(3)	

TOTAL (4)	

$2,119.71	
$1,252.44	
$3,372.15	
$1,589.78	$939.33	$2,529.11	

$2,119.71	

$1,252.44	

$3,372.15	
$1,589.78	$939.33	$2,529.11	

				

			

LESS: Walton County Collection Costs (2%) and Early Payment Discounts (4%):	($106,292.68)

$1,665,252.00

Net Revenue to be Collected:

(1)	Reflects the number of total lots with Series 2022 debt outstanding.	

(2)	Assessments are allocated on an equal assessment per acre basis until lots are platted.	

(3)	Annual debt service assessment per lot adopted in connection with the Series 2022 bond issue. Annual assessment includes principal, interest, Walton County collection costs and early payment discounts.	

(4)	Annual assessment that will appear on November 2025 Walton County property tax bill. Amount shown includes all applicable collection costs and early payment discounts (up to 4% if paid early).	

(5)	Commercial squares units respresents 1K per sf.