Shingle Creek
Community Development District

Proposed Budget FY2027

Table of Contents

1-2	General Fund	

3-8	

General Fund Narrative	

9	

Capital Reserve Fund	

10	

Debt Service Fund Series 2015	

11	

Amortization Schedule Series 2015	

12	

Debt Service Fund Series 2019	

13	

Amortization Schedule Series 2019	

Shingle Creek
Community Development District Proposed Budget
FY2027
General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	2/28/26	7 Months	9/30/26	FY2027	
Revenues:		
Special Assessments	$	695,074	$	619,013	$	76,061	$	695,074	$	695,074	
Interest	12,000	5,595	8,450	14,045	12,000	
Carry Forward Surplus	75,713	107,489	*	-	107,489	103,870	
Total Revenues	$	782,787	$	732,097	$	84,511	$	816,608	$	810,944	

Expenditures:						
Administrative:						
Supervisor Fees	$	12,000	$	1,400	$	2,400	$	3,800	$	12,000	
FICA Expense	918	107	184	291	918	
Engineering Fees	15,000	7,958	7,043	15,000	15,000	
Attorney	25,000	3,168	9,332	12,500	25,000	
Arbitrage	1,100	-	1,100	1,100	1,100	
Dissemination	7,570	3,154	4,416	7,570	8,949	
Annual Audit	5,000	3,600	-	3,600	3,700	
Trustee Fees	7,700	3,500	3,500	7,000	7,000	
Assessment Administration	5,732	5,732	-	5,732	6,019	
Management Fees	46,350	19,313	27,038	46,350	48,668	
Information Technology	1,947	811	1,136	1,947	2,044	
Website Maintenance	1,298	541	757	1,298	1,363	
Telephone	200	-	25	25	200	
Postage	500	116	134	250	500	
Printing & Binding	500	2	73	75	500	
Insurance	13,027	12,554	-	12,554	13,809	
Legal Advertising	2,500	-	2,500	2,500	2,500	
Other Current Charges	600	249	315	564	600	
Office Supplies	200	1	49	50	200	
Property Appraiser Fee	1,100	1,819	-	1,819	1,850	
Property Taxes	700	-	-	-	-	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	149,117	$	64,198	$	60,001	$	124,199	$	152,094	
Operations & Maintenance						
Field Services	$	18,056	$	7,523	$	10,533	$	18,056	$	18,959	
Property Insurance	20,396	14,445	-	14,445	14,500	
Electric	10,080	3,248	4,900	8,148	10,080	
Streetlights	107,100	42,317	59,570	101,887	107,100	
Water & Sewer	35,000	15,774	19,226	35,000	45,000	
Landscape Maintenance	297,779	124,075	173,705	297,779	322,078	
Landscape Contingency	15,000	6,923	3,077	10,000	15,000	
London Creek Ranch Maintenance	42,900	-	42,900	42,900	42,900	
Lake Maintenance	16,380	5,300	10,920	16,220	16,872	
Lake Contingency	1,250	-	625	625	1,250	
Drainage R&M	2,500	-	1,250	1,250	2,500	
Irrigation Repairs	25,000	4,001	8,499	12,500	25,000	
Lighting Maintenance	2,500	-	1,250	1,250	2,500	
Repairs & Maintenance	10,000	-	5,000	5,000	10,000	
Pressure Washing	5,000	-	2,500	2,500	5,000	
Contingency	7,500	-	3,750	3,750	7,500	
Total Operations & Maintenance:	$	616,441	$	223,605	$	347,705	$	571,309	$	646,239	
Reserves						
Capital Reserve Transfer	$	17,230	$	17,230	$	-	$	17,230	$	12,611	
Total Reserves	$	17,230	$	17,230	$	-	$	17,230	$	12,611	
						
Total Expenditures	$	782,788	$	305,033	$	407,705	$	712,738	$	810,944	
						
Excess Revenues (Expenditures)	$	(0)	$	427,064	$	(323,194)	$	103,870	$	0	

*Less first quarter operating funds.	Net Assessment	$695,074	
	Collection Cost (6%)	$44,366	
	Gross Assessment	$739,441	

Shingle Creek
Community Development District

Gross Per Unit Assessment Comparison Chart

	FY2027		
Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	857	$454	$389,292	
Townhome	861	$284	$244,447	
Condo/MF	438	$241	$105,702	
Unplatted	N/A	N/A	$0	
Total	2156		$739,441	
	
FY2026			
Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	857	$454	$389,292	
Townhome	861	$284	$244,447	
Condo/MF	438	$241	$105,702	
Unplatted	N/A	N/A	$0	
Total	2156		$739,441	

Property Type	FY2026	FY2027	Increase/(Decrease)	
Single Family	$454	$454	$0	
Townhome	$284	$284	$0	
Condo/MF	$241	$241	$0	
Unplatted	N/A	N/A	$0	

REVENUES:

Assessments – Tax Collector

The District will levy a non-ad valorem special assessment on all the assessable property within the District in order to fund all operating and maintenance expenditures during the fiscal year. These assessments are billed on tax bills.

Interest

The District will invest surplus funds with State Board of Administration.

EXPENDITURES:

Administrative:

Supervisors Fees

Chapter 190 of the Florida Statutes allows for each member of the Board of Supervisors to be compensated $200 per meeting, not to exceed $4,800 per year to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering Fees

The District's engineer, Dewberry Engineers, will be providing general engineering services to the District, e.g. attendance and preparation for board meetings, review of invoices, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Luna, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for board meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2015 & Series 2019 Special Assessment Bonds. The District has contracted with LLS Tax Solutions, Inc. for this service.

Bond Series	Annual	
2015 Special Assessment	$550
2019 Special Assessment	$550	
Total	$1,100	

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2015 Special Assessment Bonds and the Series 2019 Special Assessment Bonds.

Bond Series	Annual	
Dissemination Fees	$7,949
DTS - Continuing Disclosure Services	$1,000	
Total	$8,949	

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Grau & Associates for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2015 & Series 2019 Special Assessment Bonds that are deposited with a Trustee at Regions Bank.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

Printing & Binding

Printing and binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser Fee

Represents an annual fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes

Represents estimated fees charged by Osceola County Tax Collector’s Office for all assessable property within the District.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents cost of electric services for areas within the District. Areas include monument lighting, fountains, etc. The District currently has one account with Kissimmee Utility Authority.

Account #	Description	Monthly	Annual	
002242407-	3100 Storey Lake Blvd. Blk Even			
001300390	Monu/Fntn	$800	$9,600	
	Contingency		$480	
Total			$10,080	

Streetlights

Represents cost for streetlight services maintained by the District. The District currently has one account with Kissimmee Utility Authority for 105 streetlights with more areas set to come online within the next fiscal year.

Account #	Description	Monthly	Annual	
002242407-				
001300800	4650 W Osceola Parkway Vlights	$8,500	$102,000	
	22 Lights - Ritual Rd & Storytelling			
	40 Lights - Storeytelling & Bronsons			
	Contingency		$5,100	
Total			$107,100	

Water & Sewer

Represents costs for water services for areas within the District. The District currently has one account with Toho Water Authority.

Account #	Description	Monthly	Annual	
002647617-				
033217859	29101 Ritual Road	$3,500	$42,000	
	Contingency		$3,000	
Total			$45,000	

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with Down to Earth Lawncare II, Inc. for this service.

Description	Monthly	Annual	
Landscape Maintenance	$26,840	$322,078	
Total		$322,078	

Landscape Contingency

Represents estimated costs for any additional landscape expenses such as installation of annual plant replacement, mulch, tree replacement and any other landscape expenses not covered under the monthly landscape contract.

London Creek Ranch Maintenance

The District will schedule maintenance of wetlands located in the London Creek Ranch area of the District. Services will include vegetation maintenance, site inspections, site maintenance, trail maintenance and permit status and compliance. The District has contracted with Austin Ecological Consultants for this service.

Description	Per Visit	Annual	
Vegetation Maintenance - 3 x per year	$9,700	$29,100	
Site Inspections & Maintenance ($2,500 per event)	As Needed	$7,500	
Maintenance of Trail Signs & Obstructing Vegetation		$3,500	
Agency Coordination		$2,800	
Total		$42,900	

Lake Maintenance

Represents cost for maintenance to 11 ponds located within the District. Services include shoreline grass and brush control, floating and submersed vegetation control, additional treatments as required and a monthly report of all waterways treated. The District has contracted with Aquatic Weed Control, Inc. for these services.

Description	Monthly	Annual	
Lake Maintenance	$1,406	$16,872	
Total		$16,872	

Lake Contingency

Represents estimated costs for any additional lake expenses not covered under the monthly lake maintenance contract.

Drainage R&M

Represents estimate repair and maintenance costs to the drainage structures, outfall structures, storm piping and bank erosions maintained by the District.

Irrigation Repairs

Represents estimated costs for any supplies and repairs to the irrigation system maintained by the District.

Lighting Maintenance

Represents estimated repair and maintenance cost to all lighting fixtures maintained by the District.

Repairs & Maintenance

Represents estimated costs for any repairs and maintenance to common areas maintained by the District.

Pressure Washing

Represents estimated costs to pressure wash common area sidewalks, curbs and monuments maintained by the District as needed.

Contingency

Represents any additional field expenses that may not have been provided for in the budget.

Transfer Out – Capital Reserve

Represents proposed amount to transfer to the Capital Reserve fund.

Capital Reserve Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues:		
Transfer In	$	17,230	$	17,230	$	-	$	17,230	$	12,611	
Interest	24,000	11,982	15,400	27,382	24,000	
Total Revenues	$	41,230	$	29,212	$	15,400	$	44,612	$	36,611	

Expenditures:						
Contingency	$	600	$	205	$	287	$	492	$	600	
Capital Outlay	-	-	-	-	32,628	
Total Expenditures	$	600	$	205	$	287	$	492	$	33,228	
						
Excess Revenues (Expenditures)	$	40,630	$	29,007	$	15,113	$	44,120	$	3,383	
						
Fund Balance - Beginning	$	875,351	$	876,092	$	-	$	876,092	$	920,212	
						
Fund Balance - Ending	$	915,981	$	905,099	$	15,113	$	920,212	$	923,595	

FY2027 Proposed Expenses	
Description	Amount	
Down to Earth, Inc.
Replacement Enhancements Additional Enhancements	
$	12,000
20,628	
Total	$	32,628	

Debt Service Fund Series 2015

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	1,434,037	$	1,277,119	$	156,918	$	1,434,037	$	1,434,037	
Interest	60,000	32,398	35,900	68,298	60,000	
Carry Forward Surplus*	1,488,190	1,500,566	-	1,500,566	1,585,216	
Total Revenues	$	2,982,227	$	2,810,083	$	192,818	$	3,002,901	$	3,079,253	

Expenditures:						
Series 2015
Interest - 11/01	

$	469,355	

$	469,355	

$	-	

$	469,355	

$	458,330	
Principal - 11/01	490,000	490,000	-	490,000	515,000	
Interest - 05/01	458,300	-	458,330	458,330	445,133	
Total Expenditures	$	1,417,655	$	959,355	$	458,330	$	1,417,685	$	1,418,463	
						
Excess Revenues (Expenditures)	$	1,564,572	$	1,850,728	$	(265,512)	$	1,585,216	$	1,660,790	

*Less Reserve amount.				

Principal - 11/1/2027	

$540,000	
				Interest - 11/1/2027	$445,133	
				Total	$985,133	
				
Net Assessment	
$1,434,037	
				Collection Cost (6%)	$91,534	
				Gross Assessment	$1,525,571	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family	470	$1,691	$794,794	
		Townhome	648	$1,057	$684,878	
		Condo/MF	54	$850	$45,900	
		Unplatted	0	N/A	$0	
		Total	1172		$1,525,571	

Shingle Creek Community Development District Series 2015, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

5/1/26	$ 17,350,000	$	-	$	458,330	$	-	
11/1/26	$ 17,350,000	$	515,000	$	458,330	$	1,431,660	
5/1/27	$ 16,835,000	$	-	$	445,133	$	-	
11/1/27	$ 16,835,000	$	540,000	$	445,133	$	1,430,266	
5/1/28	$ 16,295,000	$	-	$	431,296	$	-	
11/1/28	$ 16,295,000	$	570,000	$	431,296	$	1,432,591	
5/1/29	$ 15,725,000	$	-	$	416,689	$	-	
11/1/29	$ 15,725,000	$	600,000	$	416,689	$	1,433,379	
5/1/30	$ 15,125,000	$	-	$	401,314	$	-	
11/1/30	$ 15,125,000	$	630,000	$	401,314	$	1,432,629	
5/1/31	$ 14,495,000	$	-	$	385,171	$	-	
11/1/31	$ 14,495,000	$	660,000	$	385,171	$	1,430,341	
5/1/32	$ 13,835,000	$	-	$	368,258	$	-	
11/1/32	$ 13,835,000	$	695,000	$	368,258	$	1,431,516	
5/1/33	$ 13,140,000	$	-	$	350,449	$	-	
11/1/33	$ 13,140,000	$	730,000	$	350,449	$	1,430,898	
5/1/34	$ 12,410,000	$	-	$	331,743	$	-	
11/1/34	$ 12,410,000	$	765,000	$	331,743	$	1,428,485	
5/1/35	$ 11,645,000	$	-	$	312,139	$	-	
11/1/35	$ 11,645,000	$	805,000	$	312,139	$	1,429,279	
5/1/36	$ 10,840,000	$	-	$	291,511	$	-	
11/1/36	$ 10,840,000	$	850,000	$	291,511	$	1,433,023	
5/1/37	$  9,990,000	$	-	$	269,730	$	-	
11/1/37	$  9,990,000	$	890,000	$	269,730	$	1,429,460	
5/1/38	$  9,100,000	$	-	$	245,700	$	-	
11/1/38	$  9,100,000	$	940,000	$	245,700	$	1,431,400	
5/1/39	$  8,160,000	$	-	$	220,320	$	-	
11/1/39	$  8,160,000	$	990,000	$	220,320	$	1,430,640	
5/1/40	$  7,170,000	$	-	$	193,590	$	-	
11/1/40	$  7,170,000	$	1,045,000	$	193,590	$	1,432,180	
5/1/41	$  6,125,000	$	-	$	165,375	$	-	
11/1/41	$  6,125,000	$	1,100,000	$	165,375	$	1,430,750	
5/1/42	$  5,025,000	$	-	$	135,675	$	-	
11/1/42	$  5,025,000	$	1,160,000	$	135,675	$	1,431,350	
5/1/43	$  3,865,000	$	-	$	104,355	$	-	
11/1/43	$  3,865,000	$	1,220,000	$	104,355	$	1,428,710	
5/1/44	$  2,645,000	$	-	$	71,415	$	-	
11/1/44	$  2,645,000	$	1,290,000	$	71,415	$	1,432,830	
5/1/45	$  1,355,000	$	-	$	36,585	$	-	
11/1/45	$  1,355,000	$	1,355,000	$	36,585	$	1,428,170	
Totals		$ 17,350,000	$ 11,269,556	$ 28,619,556	

Shingle Creek
Community Development District Proposed Budget
FY2027
Debt Service Fund Series 2019

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	1,133,601	$	1,009,557	$	124,043	$	1,133,601	$	1,133,601	
Interest	48,000	21,186	28,850	50,036	48,000	
Carry Forward Surplus*	679,178	691,409	-	691,409	737,208	
Total Revenues	$	1,860,778	$	1,722,153	$	152,893	$	1,875,046	$	1,918,809	

Expenditures:						
Series 2019
Interest - 11/01	

$	383,919	

$	383,919	

$	-	

$	383,919	

$	376,519	
Principal - 05/01	370,000	-	370,000	370,000	385,000	
Interest - 05/01	383,919	-	383,919	383,919	376,519	
Total Expenditures	$	1,137,838	$	383,919	$	753,919	$	1,137,838	$	1,138,038	
						
Excess Revenues (Expenditures)	$	722,941	$	1,338,234	$	(601,026)	$	737,208	$	780,771	

*Less Reserve amount.				

Interest - 11/1/2027	

$368,819	
				Total	$368,819	
				
Net Assessment	
$1,133,601	
				Collection Cost (6%)	$72,357	
				Gross Assessment	$1,205,958	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family	387	$1,691	$654,436	
		Townhome	213	$1,057	$225,122	
		Condo	384	$850	$326,400	
		Total	984		$1,205,958	

Shingle Creek Community Development District Series 2019, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

Date		Balance	Principal	Interest	Annual	

5/1/26	
$	
15,945,000	
$	370,000	
$	383,919	
$	-	
11/1/26	$	15,575,000	$	-	$	376,519	$  1,130,438	
5/1/27	$	15,575,000	$	385,000	$	376,519	$	-	
11/1/27	$	15,190,000	$	-	$	368,819	$  1,130,338	
5/1/28	$	15,190,000	$	400,000	$	368,819	$	-	
11/1/28	$	14,790,000	$	-	$	360,819	$  1,129,638	
5/1/29	$	14,790,000	$	420,000	$	360,819	$	-	
11/1/29	$	14,370,000	$	-	$	352,419	$  1,133,238	
5/1/30	$	14,370,000	$	435,000	$	352,419	$	-	
11/1/30	$	13,935,000	$	-	$	342,088	$  1,129,506	
5/1/31	$	13,935,000	$	460,000	$	342,088	$	-	
11/1/31	$	13,475,000	$	-	$	331,163	$  1,133,250	
5/1/32	$	13,475,000	$	480,000	$	331,163	$	-	
11/1/32	$	12,995,000	$	-	$	319,763	$  1,130,925	
5/1/33	$	12,995,000	$	505,000	$	319,763	$	-	
11/1/33	$	12,490,000	$	-	$	307,769	$  1,132,531	
5/1/34	$	12,490,000	$	530,000	$	307,769	$	-	
11/1/34	$	11,960,000	$	-	$	295,181	$  1,132,950	
5/1/35	$	11,960,000	$	555,000	$	295,181	$	-	
11/1/35	$	11,405,000	$	-	$	282,000	$  1,132,181	
5/1/36	$	11,405,000	$	580,000	$	282,000	$	-	
11/1/36	$	10,825,000	$	-	$	268,225	$  1,130,225	
5/1/37	$	10,825,000	$	610,000	$	268,225	$	-	
11/1/37	$	10,215,000	$	-	$	253,738	$  1,131,963	
5/1/38	$	10,215,000	$	640,000	$	253,738	$	-	
11/1/38	$	9,575,000	$	-	$	238,538	$  1,132,275	
5/1/39	$	9,575,000	$	670,000	$	238,538	$	-	
11/1/39	$	8,905,000	$	-	$	222,625	$  1,131,163	
5/1/40	$	8,905,000	$	705,000	$	222,625	$	-	
11/1/40	$	8,200,000	$	-	$	205,000	$  1,132,625	
5/1/41	$	8,200,000	$	740,000	$	205,000	$	-	
11/1/41	$	7,460,000	$	-	$	186,500	$  1,131,500	
5/1/42	$	7,460,000	$	775,000	$	186,500	$	-	
11/1/42	$	6,685,000	$	-	$	167,125	$  1,128,625	
5/1/43	$	6,685,000	$	815,000	$	167,125	$	-	
11/1/43	$	5,870,000	$	-	$	146,750	$  1,128,875	
5/1/44	$	5,870,000	$	860,000	$	146,750	$	-	
11/1/44	$	5,010,000	$	-	$	125,250	$  1,132,000	
5/1/45	$	5,010,000	$	905,000	$	125,250	$	-	
11/1/45	$	4,105,000	$	-	$	102,625	$  1,132,875	
5/1/46	$	4,105,000	$	950,000	$	102,625	$	-	
11/1/46	$	3,155,000	$	-	$	78,875	$  1,131,500	
5/1/47	$	3,155,000	$  1,000,000	$	78,875	$	-	
11/1/47	$	2,155,000	$	-	$	53,875	$  1,132,750	
5/1/48	$	2,155,000	$  1,050,000	$	53,875	$	-	
11/1/48	$	1,105,000	$	-	$	27,625	$  1,131,500	
5/1/49	$	1,105,000	$  1,105,000	$	27,625	$  1,132,625	
Totals			$ 15,945,000	$ 11,210,494	$ 27,155,494