Windward CDD
Community Development District Agenda
December 18, 2024

Agenda

Windward
Community Development District

219 East Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526
December 11, 2024
Board of Supervisors Windward Community Development District

Dear Board Members:
The regular meeting of the Board of Supervisors of the Windward Community Development District will be held Wednesday, December 18, 2024 at 1:00 p.m. at 7813 Four Seasons Blvd., Kissimmee, Florida 34747. Following is the agenda for the meeting:

Board of Supervisors Meeting

Call to Order
Roll Call
Pledge of Allegiance
Organizational Matters
Administration of Oath of Office to Newly Elected and Appointed Supervisors
Public Comment Period
Approval of Minutes of the November 20, 2024 Landowners and Board of Supervisors Meetings
Discussion of Request to Reimburse HOA
Request to Authorize Board Members to Meet with Entities
TOHO
Mystic Dunes
Presentaion of Series 2020A-1 and 2020A-2 Arbitrage Rebate Reports
Ratification of Data Sharing & Usage Agreement with Osceola County Property Appraiser
Staff Reports
Attorney
Engineer
District Manager
Approval of Check Register
Balance Sheet and Income Statement
Field Manager
Consideration of Proposal for Tree Straightening
Other Business
Supervisors’ Requests
Adjournment

Minutes

WINDWARD COMMUNITY DEVELOPMENT DISTRICT
LANDOWNERS MEETING

The Windward Community Development District Landowners’ meeting was held Wednesday, November 20, 2024 at 1:00 p.m. at 7813 Four Seasons Boulevard, Kissimmee, Florida.

Present were:
Jason Showe Susan Moss Gretta Akellino
Tim Peltier (sworn in at BOS meeting)
Kristen Trucco Thomas Santos Brittany Brookes
Several residents

The following is a summary of the minutes and actions taken at the November 20, 2024 Landowners’ meeting.

FIRTS ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Mr. Showe stated we have determined there are 366 voting units represented today.

SECOND ORDER OF BUSINESS	Call to Order
Mr. Showe called the landowners meeting to order.

THIRD ORDER OF BUSINESS	Election of a Chairman for the Purpose of
Conducting the Landowners’ Meeting
Mr. Showe stated for purposes of conducting the meeting today typically I am elected chairman. There being no objection, Mr. Showe was appointed Chairman to conduct the Landowners’ election.

FOURTH ORDER OF BUSINESS	Nominations for the Position of Supervisor

November 20, 2024	Windward CDD

floor.

Mr. Showe stated there ais one seat up for election and we will take nominations from the

Ms. Carole Cassidy nominated Greg Bobonik.
There being no other nominations, the nominations were closed.

FIFTH ORDER OF BUSINESS	Casting of Ballots

SIXTH ORDER OF BUSINESS	Tabulation of Ballots
Mr. Showe tabulated the ballots and Greg Bobonik was declared the top vote and will serve a four-year term.

SEVENTH ORDER OF BUSNESS	Landowners Questions and Comments
There being no comments, the Landowners’ meeting adjourned at 3:45 p.m.

MINUTES OF MEETING WINDWARD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Windward Community Development District was held Wednesday, November 20, 2024 at 1:00 p.m. at 7813 Four Seasons Boulevard, Kissimmee, Florida.

Present and constituting a quorum were:
Tom Peltier	Chairman
Susan Moss	Assistant Secretary
Gretta Akellino	Assistant Secretary Also Present were:
Jason Showe	District Manager
Kristen Trucco	District Counsel
Thomas Santos	Field Manager
Brittany Brooks	GMS

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Pledge of Allegiance
Mr. Showe led the pledge of allegiance.

THIRD ORDER OF BUSINESS	Public Comment
A resident stated I have a question about the dues we paid this year. My estimated CDD fee was $2,763.68 and the bill was $3,612.11. Can you explain why it went up 30%?
Mr. Showe stated we had a budget hearing and there was an increase to cover additional areas of responsibility, including streetlighting and irrigation. We sent letters to all property owners at that time. There was about a $600 increase in operations and maintenance and does not include the debt service of $960 per home that stays level. Operations and maintenance will fluctuate but the debt service stays the same.

Ms. Trucco stated there is a detailed budget on the CDD website and you can compare this budget to prior years and see what went up.

FOURTH ORDER OF BUSINESS	Organizational Matters
Administration of Oath to Newly Elected Supervisors
Mr. Showe being a Notary Public of the State of Florida administered the oath of office to Mr. Peltier.
Mr. Showe gave an overview of the new supervisor package that included an I-9 form, W- 4 form should you choose to accept compensation, commission on ethics, guide to the sunshine amendment, public records law and four hours of ethics training.
Ms. Trucco stated we have a new supervisor welcome package that we will go over with
you.

Consideration of Resolution 2025-02 Canvassing and Certifying the Results of the Landowners Election
Mr. Showe stated earlier today there was a landowners’ election and Greg Bobonik was elected to seat no. 5 and will serve a four-year term of office.

On MOTION by Ms. Moss seconded by Ms. Akellino with all in favor Resolution 2025-02 Canvassing and Certifying the Results of the Landowners Election was approved.

Consideration of Resolution 2025-03 Electing Officers
Mr. Showe stated we have three new board members, and we need to elect officers.

On MOTION by Ms. Akellino seconded by Mr. Peltier with all in favor Resolution 2025-03 was approved reflecting the following: Tom Peltier chairman, Ernest Hofer vice chair, George Flint secretary, Greg Bobonik assistant secretary, Susan Moss assistant secretary, Gretta Akellino assistant secretary, Jason Showe assistant secretary and treasurer and Katie Costa assistant treasurer.

FIFTH ORDER OF BUSINESS	Approval of the Minutes of the October 16,
2024 Meeting

On MOTION by Ms. Akellino seconded by Mr. Peltier with all in favor the minutes of the October 16, 2024 meeting were approved as presented.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco stated I know you have a handout that talks about reminders on areas of Florida Law that apply to you as supervisors, and I will provide this to the two new supervisors as well. I have spoken with the HOA lawyer since the las board meeting and she was aware that the CDD was having an election and that they agreed to discuss the matters that we reached out to them about, which was the parkway maintenance, with the CDD board after this election. She also mentioned the water bill reapportionment as it relates to the reclaimed water. I will reach back out to her on the parkway maintenance as well as the water bill.

Engineer
There being no comments, the next item followed.

Manager
Approval of Check Register

On MOTION by Ms. Akellino seconded by Ms. Moss with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager
Discussion of Action Items
There being no comments, the next item followed.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

On MOTION by Ms. Moss seconded by Mr. Peltier with all in favor the meeting adjourned at 1:25 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section VII

Four Seasons at Orlando HOA	INVOICE
1170 Celebration Blvd, Suite 202
Orlando, FL 34747
INVOICE NO. FSO-2024-0927
DATE  September 24, 2024
ACCOUNT  FSO
TERMS  Upon Receipt

TO:

Windward CDD
6200 Lee Vista Blvd, Suite 300
Orlando, FL 32822

BILL DATES	DESCRIPTION	LINE TOTAL	
	Duke Energy Account 9101 4882 9583		
7/21/2023	Service 4/11-5/10/23	$1,291.30	
7/21/2023	Service 5/11-6/12/23	$1,989.67	
7/21/2023	Service 6/13-7/12/23	$1,989.67	
8/11/2023	Service 7/13-8/10/23	$1,989.67	
9/13/2023	Service 8/11-9/12/23	$1,989.78	
10/13/2023	Service 9/13-10/11/23	$2,128.53	

			

			

			

			

			

			

			
			
	TOTAL	$11,378.62	

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Jul 21, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service Apr 11 - May 10
30 days

Billing summary

Account number

9101 4882 9583

Your usage snapshot
Electric usage history
kWh	2022	2023

Learn how to lower your bill with an online or free on-site Business Energy Check. This no-cost analysis provides you with specific tips on how to save energy and qualify for valuable rebates for energy- savings measures. You may also qualify for a FREE Commercial Energy Savings Kit. Go to duke-energy.com/FreeBizCheck or email prescriptiveincentives@duke-energy.com.

Previous Amount Due
Payment Received Current Lighting Charges Taxes
Total Amount Due Aug 11

$0.00 0.00
1,195.79
95.51
$1,291.30

To help us repair malfunctioning streetlights, quickly: 1. Visit duke- energy.com/lightrepair. 2. Provide us with the light's location and your contact information. 3. Specific addresses, landmarks and directions work best.

551
482
414
345
276
207
138
69
0
May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May

Average temperature in degrees
78o	81o	82o	82o	80o	74o	71o	63o	63o	68o	71o	75o	74o
Current Month May 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	551	0	N/A	551	
Avg. Daily (kWh)	18	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due

$1,291.30
by Aug 11

After Aug 11, the amount due will increase to $1,310.67.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000000000000012913000001291306

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know
Your next meter reading on or after: Aug 10 Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

Your electric service may be disconnected if your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)	payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Outdoor Lighting
Billing period Apr 11 - May 10 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
551 kWh
551 kWh

Your usage snapshot - Continued

Billing details - Lighting

Billing Period - Apr 11 23 to May 10 23
Customer Charge	$1.65
Energy Charge
551.367 kWh @ 4.784c	26.38
Fuel Charge
551.367 kWh @ 5.270c	29.06
Asset Securitization Charge
551.367 kWh @ 0.051c	0.28
Fixture Charge
50W LED BLK SANIBEL 3K	569.21
Maintenance Charge
50W LED BLK SANIBEL 3K	45.08
Pole Charge
22FT BLK COLONIAL 6 TENON Q	
16 Pole(s) @ $16.160	524.13	
Total Current Charges	$1,195.79	
Billing details - Taxes		
State And Other Taxes	$72.44	
Regulatory Assessment Fee	0.86	
Gross Receipts Tax	1.47	
County Utility Tax	2.76	
County Optional Tax	17.98	
Total Taxes	$95.51	

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Jul 21, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service May 11 - Jun 12
33 days

Billing summary

Account number

9101 4882 9583

Previous Amount Due
Payment Received Current Lighting Charges Taxes
Total Amount Due Aug 11

$1,291.30
0.00
1,842.55
147.12
$3,280.97

To help us repair malfunctioning streetlights, quickly: 1. Visit duke- energy.com/lightrepair. 2. Provide us with the light's location and your contact information. 3. Specific addresses, landmarks and directions work best.

Your usage snapshot
Electric usage history
kWh	2022	2023
956
850
744
638
531
425
319
213
106
0
Jun	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun

Average temperature in degrees
81o	82o	82o	80o	74o	71o	63o	63o	68o	71o	75o	77o	77o
Current Month  Jun 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	850	0	N/A	701	
Avg. Daily (kWh)	26	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due

$3,280.97
by Aug 11

After Aug 11, the amount due will increase to $3,310.82.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000129130000019896700003280971

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know
Your next meter reading on or after: Aug 10 Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

Your electric service may be disconnected if your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)	payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Outdoor Lighting
Billing period May 11 - Jun 12 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
850 kWh
850 kWh

Your usage snapshot - Continued

Billing details - Lighting

Billing Period - May 11 23 to Jun 12 23
Customer Charge	$1.65
Energy Charge
850.000 kWh @ 4.784c	40.67
Fuel Charge
850.000 kWh @ 5.270c	44.80
Asset Securitization Charge
850.000 kWh @ 0.051c	0.43
Fixture Charge
50W LED BLK SANIBEL 3K	877.50
Maintenance Charge
50W LED BLK SANIBEL 3K	69.50
Pole Charge
22FT BLK COLONIAL 6 TENON Q	
50 Pole(s) @ $16.160	808.00	
Total Current Charges	$1,842.55	
Billing details - Taxes		
State And Other Taxes	$111.63	
Regulatory Assessment Fee	1.36	
Gross Receipts Tax	2.25	
County Utility Tax	4.19	
County Optional Tax	27.69	
Total Taxes	$147.12	

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Jul 21, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service Jun 13 - Jul 12
30 days

Billing summary		Account number 9101 4882 9583	
Previous Amount Due	$3,280.97	To help us repair malfunctioning streetlights, quickly: 1. Visit duke- energy.com/lightrepair. 2. Provide us with the light's location and	
Payment Received
Current Lighting Charges	0.00
1,842.55	your contact information. 3. Specific addresses, landmarks and directions work best.	
Taxes	147.12		
Total Amount Due Aug 11	$5,270.64		
Your usage snapshot			

956
850
744
638
531
425
319
213
106
0

Electric usage history
kWh	2022	2023

Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul

Average temperature in degrees
82o	82o	80o	74o	71o	63o	63o	68o	71o	75o	77o	80o	83o
Current Month	Jul 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	850	0	N/A	750	
Avg. Daily (kWh)	28	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due

$5,270.64
by Aug 11

After Aug 11, the amount due will increase to $5,300.49.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000328097000019896700005270642

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know
Your next meter reading on or after: Aug 10 Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

Your electric service may be disconnected if your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)	payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Outdoor Lighting
Billing period Jun 13 - Jul 12 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
850 kWh
850 kWh

Your usage snapshot - Continued

Billing details - Lighting

Billing Period - Jun 13 23 to Jul 12 23
Customer Charge	$1.65
Energy Charge
850.000 kWh @ 4.784c	40.67
Fuel Charge
850.000 kWh @ 5.270c	44.80
Asset Securitization Charge
850.000 kWh @ 0.051c	0.43
Fixture Charge
50W LED BLK SANIBEL 3K	877.50
Maintenance Charge
50W LED BLK SANIBEL 3K	69.50
Pole Charge
22FT BLK COLONIAL 6 TENON Q	
50 Pole(s) @ $16.160	808.00	
Total Current Charges	$1,842.55	
Billing details - Taxes		
State And Other Taxes	$111.63	
Regulatory Assessment Fee	1.36	
Gross Receipts Tax	2.25	
County Utility Tax	4.19	
County Optional Tax	27.69	
Total Taxes	$147.12	

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Aug 11, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service Jul 13 - Aug 10
29 days

Billing summary		Account number 9101 4882 9583	
Previous Amount Due	$5,270.64	Duke Energy Florida utilized fuel in the following proportions to generate your power: Coal 8%, Purchased Power 9.1%, Gas 78.7%,	
Payment Received
Current Lighting Charges	0.00
1,842.55	Oil 0.1%, Nuclear 0%, Solar 4.1% (For prior 12 months ending
June 30, 2023).	
Taxes	147.12	To help us repair malfunctioning streetlights, quickly: 1. Visit duke-	

Total Amount Due Sep 01

$7,260.31

Your usage snapshot
Electric usage history
kWh	2022	2023

energy.com/lightrepair 2. Provide us with the light's location and your contact information. 3. Specific addresses, landmarks and directions work best.

956
850
744
638
531
425
319
213
106
0
Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug

Average temperature in degrees
82o	80o	74o	71o	63o	63o	68o	71o	75o	77o	80o	82o	84o
Current Month Aug 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	850	0	N/A	775	
Avg. Daily (kWh)	29	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due

$7,260.31
by Sep 1

After Sep 1, the amount due will increase to $7,290.16.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000527064000019896700007260313

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know
Your next meter reading on or after: Sep 12 Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

Your electric service may be disconnected if your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)	payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Your usage snapshot - Continued

Outdoor Lighting
Billing period Jul 13 - Aug 10 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
850 kWh
850 kWh

Billing details - Lighting

Billing Period - Jul 13 23 to Aug 10 23
Customer Charge	$1.65
Energy Charge
850.000 kWh @ 4.784c	40.67
Fuel Charge
850.000 kWh @ 5.270c	44.80
Asset Securitization Charge
850.000 kWh @ 0.051c	0.43
Fixture Charge
50W LED BLK SANIBEL 3K	877.50
Maintenance Charge
50W LED BLK SANIBEL 3K	69.50
Pole Charge
22FT BLK COLONIAL 6 TENON Q	
50 Pole(s) @ $16.160	808.00	
Total Current Charges	$1,842.55	
Billing details - Taxes		
State And Other Taxes	$111.63	
Regulatory Assessment Fee	1.36	
Gross Receipts Tax	2.25	
County Utility Tax	4.19	
County Optional Tax	27.69	
Total Taxes	$147.12	

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Sep 13, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service Aug 11 - Sep 12
33 days

Billing summary		Account number 9101 4882 9583	
Previous Amount Due	$7,260.31	Know what's below. Call before you dig. Always call 811 before you dig, it's the law. Making this free call at least two full working days	
Payment Received
Current Lighting Charges	0.00
1,842.64	before you dig gets utility lines marked and helps protect you from injury and expense. Call 811 or visit call811.com.	
Taxes	147.14	To help us repair malfunctioning streetlights, quickly: 1. Visit duke-	

Total Amount Due Oct 04

$9,250.09

Your usage snapshot
Electric usage history
kWh	2022	2023

energy.com/lightrepair 2. Provide us with the light's location and your contact information. 3. Specific addresses, landmarks and directions work best.

956
850
744
638
531
425
319
213
106
0
Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep

Average temperature in degrees
80o	74o	71o	63o	63o	68o	71o	75o	77o	80o	82o	84o	81o
Current Month Sep 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	850	0	N/A	790	
Avg. Daily (kWh)	26	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due

$9,250.09
by Oct 4

After Oct 4, the amount due will increase to $9,388.84.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000726031000019897800009250095

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know
Your next meter reading on or after: Oct 11 Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

Your electric service may be disconnected if your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)	payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Outdoor Lighting
Billing period Aug 11 - Sep 12 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
850 kWh
850 kWh

Your usage snapshot - Continued

Billing details - Lighting

Billing Period - Aug 11 23 to Sep 12 23
Customer Charge	$1.65
Energy Charge
850.000 kWh @ 4.784c	40.67
Fuel Charge
850.000 kWh @ 5.270c	44.80
Asset Securitization Charge
850.000 kWh @ 0.061c	0.52
Fixture Charge
50W LED BLK SANIBEL 3K	877.50
Maintenance Charge
50W LED BLK SANIBEL 3K	69.50
Pole Charge
22FT BLK COLONIAL 6 TENON Q	
50 Pole(s) @ $16.160	808.00	
Total Current Charges	$1,842.64	
Billing details - Taxes		
State And Other Taxes	$111.64	
Regulatory Assessment Fee	1.36	
Gross Receipts Tax	2.25	
County Utility Tax	4.20	
County Optional Tax	27.69	
Total Taxes	$147.14	

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

duke-energy.com
877.372.8477

Your Energy Bill
Service address	Bill date

Page 1 of 3

Oct 13, 2023

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD LITE

For service Sep 13 - Oct 11
29 days

Billing summary - Final Bill

Account number

9101 4882 9583

Your usage snapshot
Electric usage history
kWh	2022	2023

Your account has past due amount of $9250.09 and electric service may be disconnected. Please pay immediately.

Previous Amount Due
Payment Received Current Lighting Charges Other Charges and Credits Taxes
Total Amount Due Nov 03

$9,250.09
0.00
1,842.64
138.75
147.14
$11,378.62

Learn how to lower your bill with an online or free on-site Business Energy Check. This no-cost analysis provides you with specific tips on how to save energy and qualify for valuable rebates for energy- savings measures. You may also qualify for a FREE Commercial Energy Savings Kit. Go to duke-energy.com/FreeBizCheck or email prescriptiveincentives@duke-energy.com.
To help us repair malfunctioning streetlights, quickly: 1. Visit duke- energy.com/lightrepair 2. Provide us with the light's location and your contact information. 3. Specific addresses, landmarks and directions work best.

956
850
744
638
531
425
319
213
106
0
Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov

Average temperature in degrees
71o	63o	63o	68o	71o	75o	77o	80o	82o	84o	80o	77o	0o
Current Month Nov 2022	12-Month Usage	Avg Monthly Usage	
Electric (kWh)	850	0	N/A	800	
Avg. Daily (kWh)	29	0	N/A		
12-month usage based on most recent history			

Mail your payment at least 7 days before the due date or pay instantly at duke-energy.com/billing. Late payments are subject to a $5.00 or 1.5%, late charge, whichever is greater.

Please return this portion with your payment. Thank you for your business.

Duke Energy Return Mail PO Box 1090
Charlotte, NC 28201-1090

Account number
9101 4882 9583

Amount due	Final Bill

$11,378.62
by Nov 3

This is your final bill.

$	 $	

Add here, to help others with a contribution to Share the Light

Amount enclosed

FOUR SEASONS ORL HOA INC 000 FOUR SEASONS BLVD KISSIMMEE FL 34747

Duke Energy Payment Processing
PO Box 1094
Charlotte, NC 28201-1094

88910148829583000660000925009000021285300011378629

We're here for you
Report an emergency
Electric outage	duke-energy.com/outages 800.228.8485

Convenient ways to pay your bill

Important to know

Please be sure we can safely access your meter. Don't worry if your digital meter flashes eights from time to time. That's a normal part of the energy measuring process.
Your electric service may be disconnected if

Online
Automatically from your bank account Speedpay (fee applies)

By mail payable to Duke Energy In person

duke-energy.com/billing
duke-energy.com/automatic-draft
duke-energy.com/pay-now 800.700.8744
P.O. Box 1094
Charlotte, NC 28201-1094 duke-energy.com/location

your payment is past due
If payment for your electric service is past due, we may begin disconnection procedures. The due date on your bill applies to current charges only. Any unpaid, past due charges are not extended to the new due date and may result in disconnection.
The reconnection fee is $13 between the hours of 7 a.m. and 7 p.m. Monday through Friday and
$14 after 7 p.m. or on the weekends.
Electric service does not depend on

Help managing your account (not applicable for all customers)

payment for other products or services

Register for free paperless billing Home
Business

General questions or concerns
Online
Home: Mon - Fri (7 a.m. to 7 p.m.) Business: Mon - Fri (7 a.m. to 6 p.m.) For hearing impaired TDD/TTY International

Call before you dig

duke-energy.com/paperless duke-energy.com/manage-home duke-energy.com/manage-bus

duke-energy.com 800.700.8744
877.372.8477
711
1.407.629.1010

Non-payment for non-regulated products or services (such as surge protection or equipment service contracts) may result in removal from the program but will not result in disconnection of electric service.
When you pay by check
We may process the payment as a regular check or convert it into a one-time electronic check payment.
Asset Securitization Charge
A charge to recover cost associated with nuclear asset-recovery bonds. Duke Energy Florida is acting as the collection agent for Special Purpose Entity (SPE) until the bonds have been paid in full or legally discharged.

Call	800.432.4770 or 811
Check utility rates
Check rates and charges	duke-energy.com/rates
Correspond with Duke Energy (not for payment)
P.O. Box 14042
St Petersburg, FL 33733

Medical Essential Program
Identifies customers who are dependent on continuously electric-powered medical equipment. The program does not automatically extend electric bill due dates, nor does it provide priority restoration. To learn more or find out if you qualify, call 800.700.8744 or visit duke- energy.com/home/billing/special-assistance/ medically-essential.
Special Needs Customers
Florida Statutes offer a program for customers who need special assistance during emergency evacuations and sheltering. Customers with special needs may contact their local emergency management agency for registration and more information.
Para nuestros clientes que hablan Español Representantes bilingües están disponibles para asistirle de lunes a viernes de 7 a.m. - 7
p.m. Para obtener más información o reportar problemas con su servicio eléctrico, favor de llamar al 800.700.8744.

Outdoor Lighting
Billing period Sep 13 - Oct 11 Description
50W LED BLK SANIBEL 3K
Total

Quantity
50
50

Usage
850 kWh
850 kWh

Your usage snapshot - Continued

Billing details - Lighting

Billing Period - Sep 13 23 to Oct 11 23
Customer Charge Energy Charge
850.000 kWh @ 4.784c
Fuel Charge
850.000 kWh @ 5.270c
Asset Securitization Charge
850.000 kWh @ 0.061c
Fixture Charge
50W LED BLK SANIBEL 3K
Maintenance Charge
50W LED BLK SANIBEL 3K
Pole Charge
22FT BLK COLONIAL 6 TENON Q
50 Pole(s) @ $16.160
Total Current Charges

$1.65

40.67

44.80

0.52

877.50

69.50

808.00
$1,842.64

Your current rate is Lighting Service Company Owned/Maintained (LS-1).

Billing details - Other Charges and Credits

Late Fee	$138.75		
Total Other Charges and Credits		$138.75	
Billing details - Taxes			
State And Other Taxes	$111.64		
Regulatory Assessment Fee	1.36		
Gross Receipts Tax	2.25		
County Utility Tax	4.20		
County Optional Tax	27.69		
Total Taxes		$147.14	

FOUR SEASONS AT ORLANDO HOMEOWNERS
C/0 ACCESS RESIDENTIAL MANAGEMENT. LLC OPERATING
1170 CELEBRATION BLVD SUITE 202
CELEBRATION FL 34747-4604

Last statement: December 31, 2023
This statement: January 31, 2024 Total days in statement period: 31

Page 1 XXXXXX9946 ( 6)

Direct inquiries to:
888-734-4567

Alliance Association Bank 3033 W Ray Road, Ste 200
Chandler AZ 85226

THANK  YOU FOR BANKING	WITH US!

	AAB Community Checking		
	Account number	XXXXXX9946	Beginning balance		$95,057.84	
	Enclosures	6	Total additions		138,265.00	
	Low balance	$93,357.32	Total subtractions		133,389.40	
	Average balance	$124,015.88	Ending balance		$99,933.44	
	Avg collected balance	$122,463				

CHECKS	

Number	Date	

Amount	

Number	

Date	

Amount	
	101522	01-02	210.00	101534	01-31	1,344.84	
	101528 *	01-05	10,542.01	101537 *	01-30	520.00	
101529	01-05	7,946.40	* Skip in check sequence

101533 *	01-23	42,883.30

DEBITS

Date	Description
'ACH Debit
DUKEENERGY BILL PAY 240102
'ACH Debit
DUKEENERGY BILL PAY 240102
'ACH Debit
DUKEENERGY BILL PAY 240102
'ACH Debit
DUKEENERGY BILL PAY 240102
'ACH Debit
DUKEENERGY BILL PAY 240102

Subtractions
35.79

35.81

35.81

35.82

35.82

FOUR SEASONS AT ORLANDO HOMEOWNERS	Page 2
January 31, 2024	XXXXXX9946

Date	Description	Subtractions
'ACH Debit	35.82
DUKEENERGY BILL PAY 240102
'ACH Debit	35.84
DUKEENERGY BILL PAY 240102
'ACH Debit	138.22
DUKEENERGY BILL PAY 240102
' Wire Dr O/L Usd	12,080.98
WIRE OUT;BNF-ACR SERVICES;OBI-PAYROLL REBILL- WEEK 1
'ACH Debit	69.13
TECO/PEOPLE GAS UTILITYBIL 240104
01-04	'ACH Debit	5,381.27
TECO/PEOPLE GAS UTILITYBIL 240104
'ACH Debit	4,164.21
AVIDPAY SERVICE AVIDPAY REF·cK·101530•2401
04.ACCESS RESIDENTIAL MANAGEMENT\132993932\82749891\13
'ACH Debit	39.99
SPECTRUM SPECTRUM 240108

'ACH Debit	15.94
FldrNatGas FldrNatGas 240109

01-09	'ACH Debit	754.93
SPECTRUM SPECTRUM 240109

01-10	'ACH Debit	204.97
SPECTRUM SPECTRUM 240110

' Wire Dr O/L Usd	2,742.70
WIRE OUT;BNF-ACR SERVICES;OBI-January Insurance Rebill

'ACH Debit	838.51
WASTE MANAGEMENT INTERNET 240111

'ACH Debit	157.96
SPECTRUM SPECTRUM 240116

01-16	'ACH Debit	2,335.25
AVIDPAY SERVICE AVIDPAY REF·cK·101532•2401
12•ACCESS RESIDENTIAL MANAGEMENT\133810995\83596994\13

'ACH Debit	318.58
LEASE DIRECT WEB PAY 240117 81624540
01-17	' Wire Dr O/L Usd	11,583.56
WIRE OUT;BNF-ACR SERVICES;OBI-Payroll Rebill - Week 3

01-19	'ACH Debit	700.00
AVIDPAY SERVICE AVIDPAY REF•CK•101535•2401
18.MASSEY SERVICES INC\134196215184050830\134196215
01-19	'ACH Debit	989.00
AVIDPAY SERVICE AVIDPAY REF•CK•101535•2401

18.FUTURE HOME NTEGRATION\134196204\84050827113419620

01-22	'ACH Debit	157.96
SPECTRUM SPECTRUM 240122

01-24	'ACH Debit	11,378.62
DUKEENERGY BILL PAY 240124

Section IX

REBATE REPORT
Windward Community Development District
(Osceola County, Florida)
$4,230,000 Special Assessment Bonds, Series 2020A-1
$8,010,000 Special Assessment Bonds, Series 2020A-2

Dated: October 29, 2020
Delivered: October 29, 2020

Rebate Report to the Computation Date May 1, 2025
Reflecting Activity Through October 31, 2024

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations / Summary of Yield Restriction Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Series 2020A-1 Bond Debt Service	11	
Series 2020A-2 Bond Debt Service	13	
Arbitrage Rebate Calculation Detail Report – Acquisition General Account	14	
Arbitrage Rebate Calculation Detail Report – Retainage Account	15	
Arbitrage Rebate Calculation Detail Report – A-1 Reserve Account	16	
Arbitrage Rebate Calculation Detail Report – A-2 Reserve Account	18	
Arbitrage Rebate Calculation Detail Report – A-1 Interest Account	19	
Arbitrage Rebate Calculation Detail Report – A-2 Interest Account	20	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Account	21	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	22	
Yield Restriction Calculation Detail Report – Acquisition General Account	13	

November 21, 2024

Windward Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	Windward Community Development District (Osceola County, Florida), $4,230,000 Special
Assessment Bonds, Series 2020A-1 & $8,010,000 Special Assessment Revenue Bonds, Series 2020A-2	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the "Bonds") at the request of Windward Community Development District (the “District”).
The scope of our engagement consisted of preparing computations shown in the attached schedules to determine the Rebatable Arbitrage and Yield Restriction Liability as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage and Yield Restriction Liability based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage and Yield Restriction Liability.

We have scheduled our next Report as of May 1, 2025, the Computation Date. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the May 1, 2025 Computation Date
Reflecting Activity from October 29, 2020 through October 31, 2024

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition General Account	1.506996%	366,518.74	(783,520.49)	
Retainage Account	0.004999%	102.88	(106,593.01)	
A-1 Reserve Account	2.248419%	11,728.62	(12,283.70)	
A-2 Reserve Account	1.418051%	7,322.13	(17,210.05)	
A-1 Interest Account	0.005023%	6.80	(7,002.47)	
A-2 Interest Account	0.005021%	13.42	(13,825.71)	
Cost of Issuance Account	1.757633%	2,937.07	(4,903.46)	
Totals	1.386395%	$388,629.66	$(945,338.89)	
Bond Yield	4.384434%		
Rebate Computation Credits	(8,500.85)	
Net Rebatable Arbitrage	$(953,839.74)	

SUMMARY OF YIELD RESTRICTION COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the May 1, 2025 Computation Date
Reflecting Activity from October 29, 2023 through October 31, 2024

Fund Description	Taxable Inv Yield	Yield Restriction Liability	
Acquisition General Account	5.468030%	25,332.63	
Totals	5.468030%	$25,332.63	
Bond Yield (+0.125%) *	4.509434%		
Net Yield Restriction	$25,332.63	

*	Pursuant to the Treasury Regulations Section 1.148-2(d)(2), for yield restriction purposes, the Bond Yield is adjusted upwardly by 0.125% for funds not held in a refunding escrow
or allocable to replacement proceeds.	

Based upon our computations, no rebate liability exists; however, a yield restriction liability of
$25,332.63 exists. We recommend that the District allocate funds, in at least the amount of the current liability, for future payment to the IRS.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For the purpose of computing Rebatable Arbitrage and Yield Restriction Liability, investment activity is reflected from October 29, 2020, the date of the closing, through October 31, 2024, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of May 1, 2025.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between October 29, 2020 and October 31, 2024, the District made periodic payments into the Revenue, A-1 Interest, A-1 Sinking, A-1 Prepayment, A-2 Interest, A-2 Sinking and A-2 Prepayment Accounts (collectively, the “Debt Service Fund”), that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
May 1, 2025.

Computation Period
The period beginning on October 29, 2020, the date of the closing, and ending on October 31, 2024.

Temporary Period
The period ending three years from the date of the closing during which time arbitrage profits and losses may be blended.

Yield Restriction Period
The period subsequent to the Temporary Period that proceeds are yield restricted to the yield on the Bonds, plus 0.125%.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on May 1st, the day in the calendar year that was selected by the Issuer, or the final redemption date of the Bonds.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price to the public at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Yield Restriction Liability
The Rebatable Arbitrage accumulated after the Temporary Period, at the bond yield plus 0.125%.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and U.S. Bank, Trustee.

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage and Yield Restriction Liability, as of October 31, 2024, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to May 1, 2025. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on May 1, 2025, is the Rebatable Arbitrage and Yield Restriction Liability.

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Delivered: October 29, 2020

Sources of Funds

A-1 Par Amount	$ 4,230,000.00	
A-2 Par Amount	8,010,000.00	
Total	$12,240,000.00	

Uses of Funds

Acquisition and Construction Fund	$ 8,308,336.57	
Retainage Account	2,646,116.00	
A-1 Reserve Account	127,656.25	
A-2 Reserve Account	177,199.00	
A-1 Interest Account	179,494.18	
A-2 Interest Account	354,398.00	
Cost of Issuance Account	202,000.00	
Underwriter’s Discount	244,800.00	
Total	$12,240,000.00	

PROOF OF ARBITRAGE YIELD
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2

Date	

Debt Service	

Total	Present Value to 10/29/2020
@ 4.3844339107%	
05/01/2021	268,420.93	268,420.93	262,599.51	
11/01/2021	265,471.25	265,471.25	254,142.45	
05/01/2022	340,471.25	340,471.25	318,949.80	
11/01/2022	264,346.25	264,346.25	242,324.45	
05/01/2023	344,346.25	344,346.25	308,888.41	
11/01/2023	263,146.25	263,146.25	230,985.98	
05/01/2024	343,146.25	343,146.25	294,747.32	
11/01/2024	261,946.25	261,946.25	220,173.46	
05/01/2025	346,946.25	346,946.25	285,362.68	
11/01/2025	260,671.25	260,671.25	209,802.32	
05/01/2026	345,671.25	345,671.25	272,246.68	
11/01/2026	259,120.00	259,120.00	199,702.01	
05/01/2027	349,120.00	349,120.00	263,292.46	
11/01/2027	257,477.50	257,477.50	190,013.80	
05/01/2028	347,477.50	347,477.50	250,931.24	
11/01/2028	255,835.00	255,835.00	180,788.24	
05/01/2029	350,835.00	350,835.00	242,602.52	
11/01/2029	254,101.25	254,101.25	171,941.77	
05/01/2030	354,101.25	354,101.25	234,468.35	
11/01/2030	252,276.25	252,276.25	163,461.44	
05/01/2031	357,276.25	357,276.25	226,529.76	
11/01/2031	250,045.00	250,045.00	155,139.17	
05/01/2032	360,045.00	360,045.00	218,596.03	
11/01/2032	247,707.50	247,707.50	147,165.77	
05/01/2033	357,707.50	357,707.50	207,959.08	
11/01/2033	245,370.00	245,370.00	139,589.73	
05/01/2034	360,370.00	360,370.00	200,614.73	
11/01/2034	242,926.25	242,926.25	132,333.81	
05/01/2035	362,926.25	362,926.25	193,462.56	
11/01/2035	8,250,376.25	8,250,376.25	4,303,625.65	
05/01/2036	189,156.25	189,156.25	96,552.52	
11/01/2036	61,500.00	61,500.00	30,718.51	
05/01/2037	196,500.00	196,500.00	96,043.91	
11/01/2037	58,631.25	58,631.25	28,042.62	
05/01/2038	198,631.25	198,631.25	92,964.94	
11/01/2038	55,656.25	55,656.25	25,489.88	
05/01/2039	200,656.25	200,656.25	89,926.70	
11/01/2039	52,575.00	52,575.00	23,056.72	
05/01/2040	202,575.00	202,575.00	86,933.31	
11/01/2040	49,387.50	49,387.50	20,739.56	
05/01/2041	209,387.50	209,387.50	86,042.98	
11/01/2041	45,787.50	45,787.50	18,411.70	
05/01/2042	210,787.50	210,787.50	82,941.89	
11/01/2042	42,075.00	42,075.00	16,200.76	
05/01/2043	217,075.00	217,075.00	81,790.57	
11/01/2043	38,137.50	38,137.50	14,061.38	
05/01/2044	218,137.50	218,137.50	78,702.42	
11/01/2044	34,087.50	34,087.50	12,034.70	
05/01/2045	224,087.50	224,087.50	77,417.61	
11/01/2045	29,812.50	29,812.50	10,078.66	
05/01/2046	229,812.50	229,812.50	76,025.65	
11/01/2046	25,312.50	25,312.50	8,194.15	
05/01/2047	230,312.50	230,312.50	72,957.23	
11/01/2047	20,700.00	20,700.00	6,416.58	
05/01/2048	235,700.00	235,700.00	71,494.86	
11/01/2048	15,862.50	15,862.50	4,708.35	
05/01/2049	240,862.50	240,862.50	69,959.83	

PROOF OF ARBITRAGE YIELD
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2

Date	Present Value to 10/29/2020
Debt Service	Total  @ 4.3844339107%	
11/01/2049	10,800.00	10,800.00	3,069.63	
05/01/2050	245,800.00	245,800.00	68,363.74	
11/01/2050	5,512.50	5,512.50	1,500.29	
05/01/2051	250,512.50	250,512.50	66,717.18	
	21,065,508.43	21,065,508.43	12,240,000.00	
	
Proceeds Summary	

Delivery date	10/29/2020	
Par Value	12,240,000.00	
Target for yield calculation	12,240,000.00	

BOND DEBT SERVICE
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
10/29/2020						
05/01/2021			90,242.93	90,242.93		
11/01/2021			89,251.25	89,251.25	179,494.18	
05/01/2022	75,000	3.000%	89,251.25	164,251.25		
11/01/2022			88,126.25	88,126.25	252,377.50	
05/01/2023	80,000	3.000%	88,126.25	168,126.25		
11/01/2023			86,926.25	86,926.25	255,052.50	
05/01/2024	80,000	3.000%	86,926.25	166,926.25		
11/01/2024			85,726.25	85,726.25	252,652.50	
05/01/2025	85,000	3.000%	85,726.25	170,726.25		
11/01/2025			84,451.25	84,451.25	255,177.50	
05/01/2026	85,000	3.650%	84,451.25	169,451.25		
11/01/2026			82,900.00	82,900.00	252,351.25	
05/01/2027	90,000	3.650%	82,900.00	172,900.00		
11/01/2027			81,257.50	81,257.50	254,157.50	
05/01/2028	90,000	3.650%	81,257.50	171,257.50		
11/01/2028			79,615.00	79,615.00	250,872.50	
05/01/2029	95,000	3.650%	79,615.00	174,615.00		
11/01/2029			77,881.25	77,881.25	252,496.25	
05/01/2030	100,000	3.650%	77,881.25	177,881.25		
11/01/2030			76,056.25	76,056.25	253,937.50	
05/01/2031	105,000	4.250%	76,056.25	181,056.25		
11/01/2031			73,825.00	73,825.00	254,881.25	
05/01/2032	110,000	4.250%	73,825.00	183,825.00		
11/01/2032			71,487.50	71,487.50	255,312.50	
05/01/2033	110,000	4.250%	71,487.50	181,487.50		
11/01/2033			69,150.00	69,150.00	250,637.50	
05/01/2034	115,000	4.250%	69,150.00	184,150.00		
11/01/2034			66,706.25	66,706.25	250,856.25	
05/01/2035	120,000	4.250%	66,706.25	186,706.25		
11/01/2035			64,156.25	64,156.25	250,862.50	
05/01/2036	125,000	4.250%	64,156.25	189,156.25		
11/01/2036			61,500.00	61,500.00	250,656.25	
05/01/2037	135,000	4.250%	61,500.00	196,500.00		
11/01/2037			58,631.25	58,631.25	255,131.25	
05/01/2038	140,000	4.250%	58,631.25	198,631.25		
11/01/2038			55,656.25	55,656.25	254,287.50	
05/01/2039	145,000	4.250%	55,656.25	200,656.25		
11/01/2039			52,575.00	52,575.00	253,231.25	
05/01/2040	150,000	4.250%	52,575.00	202,575.00		
11/01/2040			49,387.50	49,387.50	251,962.50	
05/01/2041	160,000	4.500%	49,387.50	209,387.50		
11/01/2041			45,787.50	45,787.50	255,175.00	
05/01/2042	165,000	4.500%	45,787.50	210,787.50		
11/01/2042			42,075.00	42,075.00	252,862.50	
05/01/2043	175,000	4.500%	42,075.00	217,075.00		
11/01/2043			38,137.50	38,137.50	255,212.50	
05/01/2044	180,000	4.500%	38,137.50	218,137.50		
11/01/2044			34,087.50	34,087.50	252,225.00	
05/01/2045	190,000	4.500%	34,087.50	224,087.50		
11/01/2045			29,812.50	29,812.50	253,900.00	
05/01/2046	200,000	4.500%	29,812.50	229,812.50		
11/01/2046			25,312.50	25,312.50	255,125.00	
05/01/2047	205,000	4.500%	25,312.50	230,312.50		
11/01/2047			20,700.00	20,700.00	251,012.50	
05/01/2048	215,000	4.500%	20,700.00	235,700.00		
11/01/2048			15,862.50	15,862.50	251,562.50	
05/01/2049	225,000	4.500%	15,862.50	240,862.50		
11/01/2049			10,800.00	10,800.00	251,662.50	

BOND DEBT SERVICE
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
05/01/2050	235,000	4.500%	10,800.00	245,800.00		
11/01/2050			5,512.50	5,512.50	251,312.50	
05/01/2051	245,000	4.500%	5,512.50	250,512.50		
11/01/2051					250,512.50	
	4,230,000		3,536,950.43	7,766,950.43	7,766,950.43	

BOND DEBT SERVICE

Windward Community Development District (Osceola County, Florida)
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2

Period Ending	

Principal	

Coupon	

Interest	
Debt Service	Annual Debt Service	
10/29/2020						
05/01/2021			178,178	178,178		
11/01/2021			176,220	176,220	354,398	
05/01/2022			176,220	176,220		
11/01/2022			176,220	176,220	352,440	
05/01/2023			176,220	176,220		
11/01/2023			176,220	176,220	352,440	
05/01/2024			176,220	176,220		
11/01/2024			176,220	176,220	352,440	
05/01/2025			176,220	176,220		
11/01/2025			176,220	176,220	352,440	
05/01/2026			176,220	176,220		
11/01/2026			176,220	176,220	352,440	
05/01/2027			176,220	176,220		
11/01/2027			176,220	176,220	352,440	
05/01/2028			176,220	176,220		
11/01/2028			176,220	176,220	352,440	
05/01/2029			176,220	176,220		
11/01/2029			176,220	176,220	352,440	
05/01/2030			176,220	176,220		
11/01/2030			176,220	176,220	352,440	
05/01/2031			176,220	176,220		
11/01/2031			176,220	176,220	352,440	
05/01/2032			176,220	176,220		
11/01/2032			176,220	176,220	352,440	
05/01/2033			176,220	176,220		
11/01/2033			176,220	176,220	352,440	
05/01/2034			176,220	176,220		
11/01/2034			176,220	176,220	352,440	
05/01/2035			176,220	176,220		
11/01/2035	8,010,000	4.400%	176,220	8,186,220	8,362,440	
	8,010,000		5,288,558	13,298,558	13,298,558	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20	Beg Bal	-8,308,336.57	-10,101,342.84	
03/17/21		2,949,524.24	3,526,928.62	
05/26/21		534.20	633.49	
08/09/21	From Ret	-2,646,218.88	-3,110,576.24	
02/06/23		165.00	181.80	
05/09/23		-165.00	-179.78	
06/28/23		5,621,913.45	6,089,380.73	
07/18/23		2,750.00	2,971.50	
08/02/23		7,583.55	8,180.55	
08/17/23		21,121.15	22,742.74	
10/31/24	Bal	2,703,620.48	2,763,222.58	
10/31/24	Acc	14,027.12	14,336.35	
05/01/25	TOTALS:	366,518.74	-783,520.49	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-783,520.49	
COMP DATE:	05/01/25	NET INCOME:	366,518.74	
BOND YIELD: 4.384434%	TAX INV YIELD:	1.506996%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)	
10/29/20	Beg Bal	-2,646,116.00	-3,217,169.25	
08/09/21	to Acq	2,646,218.88	3,110,576.24	
05/01/25	TOTALS:	102.88	-106,593.01	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-106,593.01	
COMP DATE:	05/01/25	NET INCOME:	102.88	
BOND YIELD: 4.384434%	TAX INV YIELD:	0.004999%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20	Beg	Bal	-127,656.25	-155,205.50	
11/02/20			0.05	0.06	
12/01/20			0.52	0.63	
01/04/21			0.54	0.65	
02/01/21			0.54	0.65	
03/01/21			0.49	0.59	
04/01/21			0.54	0.64	
05/03/21			0.52	0.62	
06/01/21			0.54	0.64	
07/01/21			0.52	0.61	
08/02/21			0.54	0.64	
09/01/21			0.54	0.63	
10/04/21			0.52	0.61	
11/02/21			0.54	0.63	
12/02/21			0.52	0.60	
01/04/22			0.54	0.62	
02/02/22			0.54	0.62	
03/02/22			0.49	0.56	
04/04/22			0.54	0.62	
05/03/22			0.52	0.59	
06/02/22			0.54	0.61	
07/05/22			0.52	0.59	
08/02/22			0.54	0.61	
09/02/22			84.20	94.51	
10/04/22			157.38	175.98	
11/02/22			193.06	215.14	
12/02/22			204.60	227.18	
01/04/23			238.52	263.83	
02/02/23			253.74	279.72	
03/02/23			230.13	252.77	
04/04/23			310.57	339.82	
05/02/23			387.52	422.58	
06/02/23			401.16	435.88	
07/05/23			398.71	431.50	
08/02/23			464.63	501.21	
09/05/23			580.05	623.23	
10/03/23			561.34	601.10	
11/02/23			580.13	619.05	
12/04/23			557.31	592.41	
01/03/24			572.77	606.72	
02/02/24			567.65	599.20	
03/04/24			531.11	558.47	
04/02/24			567.88	595.13	
05/02/24			549.42	573.70	
06/04/24			567.73	590.54	
07/02/24			549.42	569.57	
08/02/24			567.40	586.09	
09/04/24			567.30	583.73	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)	
10/02/24	528.07	541.54	
10/31/24	Bal	127,656.25	130,470.47	
10/31/24	Acc	545.67	557.70	
05/01/25	TOTALS:	11,728.62	-12,283.70	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-12,283.70	
COMP DATE:	05/01/25	NET INCOME:	11,728.62	
BOND YIELD: 4.384434%	TAX INV YIELD:	2.248419%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20	Beg	Bal	-177,199.00	-215,439.98	
06/30/21			5.21	6.15	
11/01/21			979.00	1,139.48	
11/01/21			2.23	2.60	
02/01/22			5,062.20	5,828.48	
05/02/22			14,850.00	16,911.46	
05/02/22			2.16	2.46	
08/01/22			10,560.00	11,897.67	
08/01/22			2.10	2.37	
11/01/22			15,730.00	17,531.45	
11/01/22			97.44	108.60	
02/01/23			10,670.00	11,763.72	
02/01/23			609.65	672.14	
05/01/23			720.21	785.47	
05/01/23			22,990.00	25,073.23	
08/01/23			9,020.00	9,731.26	
08/01/23			962.23	1,038.10	
10/04/23			3,850.85	4,123.09	
11/01/23			9,020.00	9,626.31	
02/01/24			11,077.21	11,694.32	
05/01/24			15,400.00	16,082.60	
05/03/24			961.49	1,003.87	
08/01/24			9,240.00	9,545.50	
08/01/24			809.25	836.01	
10/31/24	Bal		41,722.37	42,642.15	
10/31/24	Acc		177.53	181.44	
05/01/25	TOTALS:	7,322.13	-17,210.05	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-17,210.05	
COMP DATE:	05/01/25	NET INCOME:	7,322.13	
BOND YIELD: 4.384434%	TAX INV YIELD:	1.418051%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)	
10/29/20	Beg Bal	-179,494.18	-218,230.48	
05/01/21	90,242.93	107,338.56	
11/01/21	89,251.25	103,881.70	
05/02/22	-89,244.45	-101,633.25	
05/02/22	89,251.25	101,641.00	
05/01/25	TOTALS:	6.80	-7,002.47	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-7,002.47	
COMP DATE:	05/01/25	NET INCOME:	6.80	
BOND YIELD: 4.384434%	TAX INV YIELD:	0.005023%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)	
10/29/20	Beg Bal	-354,398.00	-430,879.96	
05/01/21	178,178.00	211,932.05	
11/01/21	176,220.00	205,106.75	
02/01/22	-7,411.58	-8,533.49	
02/01/22	7,425.00	8,548.94	
05/02/22	-156,310.00	-178,008.76	
05/02/22	156,310.00	178,008.76	
08/01/22	-7,865.00	-8,861.29	
08/01/22	7,865.00	8,861.29	
05/01/25	TOTALS:	13.42	-13,825.71	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-13,825.71	
COMP DATE:	05/01/25	NET INCOME:	13.42	
BOND YIELD: 4.384434%	TAX INV YIELD:	0.005021%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20	Beg	Bal	-202,000.00	-245,593.23	
10/29/20			42,500.00	51,671.84	
10/29/20			6,000.00	7,294.85	
10/29/20			40,000.00	48,632.32	
10/30/20			46,750.00	56,832.18	
11/16/20			5,675.00	6,885.59	
12/01/20			1,500.00	1,816.69	
02/22/22			29,000.00	33,305.43	
10/31/24	Bal		33,370.08	34,105.73	
10/31/24	Acc		141.99	145.12	
05/01/25	TOTALS:	2,937.07	-4,903.46	

ISSUE DATE:	10/29/20	
REBATABLE ARBITRAGE:	
-4,903.46	
COMP DATE:	05/01/25	NET INCOME:	2,937.07	
BOND YIELD: 4.384434%	TAX INV YIELD:	1.757633%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)	
05/01/21	-1,780.00	-2,117.20	
05/01/22	-1,830.00	-2,084.29	
05/01/23	-1,960.00	-2,137.60	
05/01/24	-2,070.00	-2,161.75	
05/01/25	TOTALS:	-7,640.00	-8,500.85	

ISSUE DATE:	10/29/20	REBATABLE ARBITRAGE: -8,500.85 COMP DATE:	05/01/25
BOND YIELD: 4.384434%

YIELD RESTRICTION CALCULATION DETAIL REPORT

DATE	

DESCRIPTION	
RECEIPTS (PAYMENTS)	

%	ADJUSTED RECEIPTS (PAYMENTS)	FUTURE VALUE @ BOND YIELD OF (4.509434%)	
10/29/23	YR Bal	-2,574,153.62	96.12	-2,474,153.62	-2,645,966.29	
10/31/24	Bal	2,703,620.48	96.12	2,598,590.99	2,657,511.03	
10/31/24	Acc	14,027.12	96.12	13,482.20	13,787.89	
05/01/25	TOTALS:	143,493.98		137,919.57	25,332.63	

ISSUE DATE:	10/29/20	
YIELD REDUCTION AMT:	
25,332.63	
COMP DATE:	05/01/25	NET INCOME:	137,919.57	
BOND YIELD: 4.509434%	TAX INV YIELD:	5.468030%	

Section X

i<'..AT ,INA SCARBOROUGHl Cf A, CC :, MCF
OSCEOLACou TY	ROPERTY APPRAl,SER

Windward COD
This Data Sharing And Usage Agreement, hereafter referred to as "Agreement," establishes the terms and conditions under which the Windward COD, hereafter referred to as agency, can acquire and use Osceola County Property Appraiser (OCPA) data that is exempt from Public Records disclosure as defined in FS 119.071.
Please note the referenced statute has amended as of October 1, 2021. The paragraph below reflects the changes.

The confidentiality of personal identifying and location information including: names, mailing address, or any other descriptive property information that may reveal identity or home address pertaining to parcels owned by individuals that have received exempt/confidential status, hereafter referred to as confidential personal identifying and location information, will be protected as follows:
The agency will not release confidential personal identifying and location information that may reveal identifying and location information of individuals exempted from Public Records disclosure.
The agency will not present the confidential personal identifying and location information in the results of data analysis (including maps) in any manner that would reveal personal identifying and location information of individuals exempted from Public Records disclosure.
The agency shall comply with all State laws and regulations governing the confidentiality of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying and location information is released.
The terms of this Agreement shall commence on January 1, 2025 and shall run until December 31, 2025, the date if signature by the parties notwithstanding.This Agreement shall not automatically renew. A new agreement will be provided annually for the following year.
IN WITNESS THEREOF, both the Osceola County Property Appraiser, through its duly authorized representative, and the agency, through its duly authorized representative, have hereunto executed this Data Sharing and Usage Agreement as of the last below written date.

OSCEOLA COUNTY PROPERTY APPRAISER
Signature:	_ Print:	Katrina S. Scarborough

Date:	l;)...( f1 / >'1
Please returned signed original copy, no later than January 31, 2025

2505 E IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL 34744	(407) 742-5000 INFO@PROPERTY-APPRAISER.ORG • PROPERTY-APPRAISER.ORG

Section XI

Section C

Section 1

Windward  Community Development District

Summary of Check Register

November 6, 2024 through December 4, 2024

Fund	Date	Check No.'s	Amount

General Fund		
	11/12/24	974-976	$	34,564.49	
	11/19/24	977-983	$	33,179.47	
	12/3/24	984-994	$	101,392.55	

Total Amount	$	169,136.51

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
11/12/24 99999	11/12/24 VOID	202411 000-00000-00000	C
******INVALID VENDOR NUMBER******		.00	
.00 000974	
- - - - - - - - 11/12/24 00010	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/06/24 9100 861 202410 320-53800-43000	*
11/07/24 9100 861 202410 320-53800-43000	*	- - - -	- - - - - -

750.00	- - - - - - - -	
	79811 FOUR SEASONS ENT
11/07/24 9100 861 202410 320-53800-43000	*		30.80		
	7701 FOUR SEASONS BLVD
11/07/24 9100 861 202410 320-53800-43500	*		1,524.28		
	000 FOURSEASONS BLVD LITE
11/11/24 9100 861 202410 320-53800-43000	*		30.80		
	24081 SANDY CREEK TRAIL
11/11/24 9100 861 202410 320-53800-43000	*		145.34		
	7980 FOUR SEASONS BLVD
11/11/24 9100 861 202410 320-53800-43000	*		60.14		
	7701 FOUR SEASONS BLVD
11/11/24 9100 861 202410 320-53800-43000	*		49.73		
	78151 FOUR SEASONS BLVD
11/11/24 9100 861 202410 320-53800-43000	*		61.77		
	21051 PEBBLE PASSAGE
11/11/24 9100 861 202410 320-53800-43000	*		30.80		
	79011 HANSON BAY PL
11/11/24 9101 690 202410 320-53800-43000	*		16.94		
	21421 LIMESTONE TRL
11/11/24 9101 690 202410 320-53800-43000	*		16.94		
	23131 SEAGRASS PT RET-PND
11/12/24 9100 861 202410 320-53800-43500	*		1,704.42		
	11/12/24 9101 537 202410 320-53800-43500	*
DUKE ENERGY		1,832.67	
6,285.43 000975	
- - - - - - - - 11/12/24 00009	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/28/24 00262245 202410 320-53800-43100	*
10/28/24 00262245 202410 320-53800-43100	*	- - - -	- - - - - -

46.04	- - - - - - - -	
	7900 FOURSEASONS BLVD ODD
10/28/24 00262245 202410 320-53800-43100	*		26.72		
	7980 FOUR SEASONS BLVD GH
10/28/24 00262245 202410 320-53800-43100	*		28,113.85		
	0 FOUR SEASONS BLVD
TOHO WATER AUTHORITY			28,279.06 000976	
- - - - - - - - 11/19/24 00014	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/24 15456	202410 320-53800-57400	*	- - - -	- - - - - -	- - - - - - - -	

VOID CHECK

17031 KEY BAY TRL

30.80

4 SEASONS PH1B SL
000 FOURSEASONS BLVD LITE

7900 FOUR SEASONS

92.45

PSK CLOUD SUBSCRIPTION

WWRD --WINDWARD--	ZYAN

24.00

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/14/24 15555	202410 320-53800-47000	*	120.00
WI-PAK MONTHLY SVC-OCT24
10/30/24 S121204	202410 320-53800-57400	*	362.50
GATE SERVICE
ACCESS CONTROL SYSTEMS, LLC	506.50 000977
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00041 10/30/24 18593	202410 320-53800-47100	*	375.00
LAKE MAINTENANCE OCT 24
AQUATIC WEED MANAGEMENT, INC	375.00 000978
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00010 11/18/24 9100 861 202411 320-53800-43500	*	1,725.31
000 SAND HILL RD
DUKE ENERGY	1,725.31 000979
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00056 11/01/24 12470	202411 320-53800-46900	*	775.00

LEXINGTON POOL	&	MAINTENANCE, LLC		
- - - - - - - - - - - - - - - - -	-	- - - - - - - - -	-	-	- -	-	-	-	-	-	-	- - - -	

FOUNTAIN MAINT - NOV 24

- - - - - - - - - - - - - - - - -
11/19/24 00002 10/15/24 131797
GENERAL COUNSEL - SEP 24 10/15/24 131798
CONVEYANCE FEES

775.00 000980

202409	310-51300-31500	*	1,969.72	
202409	310-51300-31500	*	102.00	

- - - - - - - -

LATHAM,LUNA,EDEN & BEAUDINE,LLP	2,071.72 000981

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00059 10/22/24 14979	202410 320-53800-46400	*	593.40
IRRIGATION REPAIRS
10/22/24 14980	202410 320-53800-46400	*	1,245.54
IRRIGATION REPAIRS
10/22/24 15141	202410 320-53800-47000	*	5,800.00
STORM CLEANUP
11/01/24 15021	202411 320-53800-46800	*	19,737.00
LANDSCAPE MAINT - NOV 24
PRINCE & SONS, INC.	27,375.94 000982
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00011 10/14/24 18-021(8 202409 310-51300-31100	*	350.00
ENGINEERING FEE SEP 24
POULOS & BENNETT	350.00 000983
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/03/24 00014 11/12/24 S121661	202411 320-53800-47000	*	265.00
GATE SERVICE
11/12/24 S121662	202411 320-53800-47000	*	885.00
GATE MAINTENANCE
11/13/24 15639	202411 320-53800-57400	*	24.00
PSK CLOUD SUBSCRIPTION
11/13/24 15724	202411 320-53800-47000	*	120.00
WI-PAK MONTHLY SVC-NOV24
WWRD --WINDWARD--	ZYAN

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
	11/26/24	S122108	202411 320-53800-57400	*	265.00			
	GATE MAINTENANCE
ACCESS	CONTROL	SYSTEMS, LLC													1,559.00	000984	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - - - -	-	-	-	-	-	- - -	-	-	-	-	-	- - - -	- - - - -	- - -	
12/03/24 00035	11/21/24 6661-11- 202411 310-51300-31200								*						450.00			
	ASSESSMENT BONDS 2020A1&2																	
		AMTEC																				450.00	000985	
- - - - - - - -	- - - - - - -	- - - - - - - - - - - - - - -	- - -	- -	-	-	-	-	-	-	-	-	-	-	-	- - -	-	-	-	-	- - - - -	- - - - -	- - -	
12/03/24 00010	11/27/24 9100	861 202411 320-53800-43500														*					4,220.57			
	000	SHADOW TREE LN																						
		DUKE ENERGY																				4,220.57	000986	
- - - - - - - -	- - - - - - - -	- - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	-	-	- - -	-	-	-	-	-	- - - -	- - - - -	- - -	
12/03/24 00018	10/17/24 22	202410 310-51300-31300													*						100.00			
	AMORT	SCHED 2020A-1																						
	10/17/24 22	202410 310-51300-31300													*						500.00			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

AMORT SCHED 2020A-2

DISCLOSURE SERVICES LLC	600.00 000987

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/03/24 99999 12/03/24 VOID	202412 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000988

	*	5,565.00	
	*	758.95	
	*	3,750.00	
	*	92.75	
	*	162.33	
	*	841.75	
	*	.18	
	*	82.36	
	*	7.35	
	*	1,549.83	
	*	900.00	

ZYAN	*	3,750.00	

12/03/24 00001	9/15/24	
	9/30/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/01/24	
	10/31/24	
	11/01/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
236	202410 310-51300-31700
ASSESSMENT ROLL FY25
241	202409 320-53800-57400
GUARDHOUSE CLEANING
239	202410 310-51300-34000
MANAGEMENT FEES - OCT 24
239	202410 310-51300-35200
WEBSITE ADMIN - OCT 24
239	202410 310-51300-35100
INFORMATION TECH - OCT 24
239	202410 310-51300-31300
DISSEMINATION - OCT 24
239	202410 310-51300-51000
OFFICE SUPPLIES
239	202410 310-51300-42000
POSTAGE
239	202410 310-51300-42500
COPIES
240	202410 320-53800-12000
FIELD MANAGEMENT - OCT 24
244	202410 320-53800-47000
SIGNS/SIDEWALKS/GATES
242	202411 310-51300-34000
MANAGEMENT FEES - NOV 24
WWRD --WINDWARD--

DATE	DATE	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	
	11/01/24	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#

*	92.75	
*	162.33	
		*	841.75			
		*	.27			
		*	5.72			
		*	1,549.83			

242	202411 310-51300-35200
WEBSITE ADMIN - NOV 24
242	202411 310-51300-35100
INFORMATION TECH - NOV 24
242	202411 310-51300-31300
DISSEMINATION - NOV 24
242	202411 310-51300-51000
OFFICE SUPPLIES
242	202411 310-51300-42000
POSTAGE
243	202411 320-53800-12000
FIELD MANAGEMENT - NOV 24
GOVERNMENTAL MANAGEMENT SERVICES	20,113.15 000989
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/03/24 00056 12/01/24 12560	202412 320-53800-46900	*	775.00

	LEXINGTON POOL &	MAINTENANCE, LLC										775.00	000990	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - -	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
12/03/24 00002	11/14/24 132870	202410 310-51300-31500				*						1,915.31			
	GENERAL COUNSEL - OCT 24													
	LATHAM,LUNA,EDEN	& BEAUDINE,LLP										1,915.31	000991	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - -	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
12/03/24 00059	11/14/24 15363	202411 320-53800-46400				*						293.89			
	IRRIGATION REPAIRS													
	11/14/24 15364	202411 320-53800-46400				*						218.99			
	IRRIGATION REPAIRS													
	11/14/24 15365	202411 320-53800-46400				*						173.56			
	IRRIGATION REPAIRS													

FOUNTAIN MAINT - DEC24

PRINCE & SONS, INC.	686.44 000992
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/03/24 00052 11/18/24 3537	202411 320-53800-47100	*	1,200.00
DISC PONDS MAINT - NOV 24
11/18/24 3537	202411 320-53800-47100	*	1,000.00
TILL PONDS -	NOV 24
TOOLE'S TRACTOR SERVICES & H2O	2,200.00 000993
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/03/24 00009 11/23/24 00262245 202411 320-53800-43100	*	68,873.08
7700 FOUR SEASONS
TOHO WATER AUTHORITY	68,873.08 000994
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	169,136.51
TOTAL FOR REGISTER	169,136.51 WWRD --WINDWARD--	ZYAN

Section 2

Windward
Community Development District

Unaudited Financial Reporting
November 30, 2024

TABLE OF CONTENTS

1		Balance Sheet	

2-3	
	General Fund Income Statement	

4	
	Series 2018 - A1 Debt Service Income Statement	

5	
	Series 2020 - A1 Debt Service Income Statement	

6	
	Series 2020 - A2 Debt Service Income Statement	

7	
	Series 2018 Capital Projects Income Statement	

8	
	Series 2020 Capital Projects Income Statement	

9	
	Capital Reserve Fund	

10-11	
	Month To Month	

12-13	
	Long Term Debt Summary	

14	
	Assessment Receipt Schedule	

Windward
Community Development District Combined Balance Sheet November 30, 2024

General
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash	
$	
639,078	$	-	
$	-	
$	639,078	
Due from Other	$	132,928	$	-	$	-	$	132,928	
Due from General Fund	$	-	$	101,617	$	-	$	101,617	
Investments
Series 2018 A-1/A-2 Reserve A-1	

$	

-	$	121,730	

$	-	

$	121,730	
Reserve A-2	$	-	$	145	$	-	$	145	
Revenue	$	-	$	47,294	$	-	$	47,294	
Construction
Series 2020 A-1/A-2	$	-	$	-	$	5,775	$	5,775	
Reserve A-1	$	-	$	127,656	$	-	$	127,656	
Reserve A-2	$	-	$	32,100	$	-	$	32,100	
Revenue	$	-	$	225,616	$	-	$	225,616	
Prepayment A-2	$	-	$	333,940	$	-	$	333,940	
Construction	$	-	$	-	$	2,703,620	$	2,703,620	
Cost of Issuance	$	-	$	-	$	33,504	$	33,504	
Total Assets	$	772,005	$	990,099	$	2,742,900	$	4,505,003	
Liabilities:
Accounts Payable	

$	100,993	

$	

-	$	

-	$	100,993	
Due to Debt Service Fund	$	101,617	$	-	$	-	$	101,617	
Total Liabilities	$	202,609	$	-	$	-	$	202,609	
Fund Balances:
Restricted for:					
Debt Service	$	-	$	990,099	$	-	$	990,099	
Capital Projects	$	-	$	-	$	2,742,900	$	2,742,900	
Unassigned	$	569,396	$	-	$	-	$	569,396	
Total Fund Balances	$	569,396	$	990,099	$	2,742,900	$	4,302,394	
					
Total Liabilities & Fund Balance	$	772,005	$	990,099	$	2,742,900	$	4,505,003	

Revenues		
Assessments - Tax Roll	$	1,378,623	$	269,652	$	269,652	$	-	
Miscellaneous Revenue	$	7,521	$	-	$	-	$	-	
Total Revenues	$	1,386,144	$	269,652	$	269,652	$	-	

Expenditures:					
General & Administrative:					
Supervisors Fees	$	4,800	$	800	$	-	$	800	
FICA Expense	$	367	$	61	$	-	$	61	
Engineering	$	16,000	$	2,667	$	-	$	2,667	
Attorney	$	25,000	$	4,167	$	1,915	$	2,251	
Arbitrage	$	900	$	450	$	450	$	-	
Dissemination	$	10,101	$	1,684	$	2,284	$	(600)	
Annual Audit	$	6,500	$	-	$	-	$	-	
Trustee Fees	$	8,008	$	-	$	-	$	-	
Assessment Administration	$	5,565	$	5,565	$	5,565	$	-	
Management Fees	$	45,000	$	7,500	$	7,500	$	-	
Information Technology	$	1,948	$	325	$	325	$	-	
Website Maintenance	$	1,113	$	186	$	186	$	-	
Telephone	$	125	$	21	$	-	$	21	
Postage	$	800	$	133	$	88	$	45	
Travel Per Diem	$	660	$	110	$	-	$	110	
Printing & Binding	$	500	$	83	$	7	$	76	
Insurance	$	6,817	$	6,817	$	6,817	$	-	
Legal Advertising	$	1,500	$	250	$	-	$	250	
Other Current Charges	$	2,000	$	333	$	83	$	251	
Office Supplies	$	150	$	25	$	0	$	25	
Property Appraiser	$	500	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	138,529	$	31,351	$	25,395	$	5,956	

Operation & Maintenance		
Field Expenditures
Field Services	

$	18,598	

$	3,100	

$	3,100	

$	-	
Facility Maintenance	$	18,500	$	3,083	$	-	$	3,083	
Electric	$	160,009	$	26,668	$	18,177	$	8,491	
Water & Sewer	$	602,808	$	100,468	$	108,603	$	(8,135)	
Security Building Maintenance	$	15,000	$	2,500	$	676	$	1,825	
Landscape Maintenance	$	237,000	$	39,500	$	39,474	$	26	
Landscape Contingency	$	50,000	$	8,333	$	-	$	8,333	
Property Insurance	$	10,000	$	10,000	$	6,040	$	3,960	
Fountain Maintenance	$	14,600	$	2,433	$	1,550	$	883	
Lake Maintenance	$	22,100	$	3,683	$	2,950	$	733	
Irrigation Repairs	$	30,000	$	5,000	$	2,525	$	2,475	
Roadway Maintenance	$	9,000	$	1,500	$	-	$	1,500	
Contingency	$	10,000	$	1,667	$	3,803	$	(2,136)	
Total Operations & Maintenance Expenditures	$	1,197,615	$	207,936	$	186,897	$	21,039	
					
Total Expenditures	$	1,336,144	$	239,287	$	212,292	$	26,995	
					
Excess (Deficiency) of Revenues over Expenditures	$	50,000		$	57,360		
Other Financing Sources/(Uses)					
Transfer In/Out	$	(50,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(50,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	57,360		
					
Fund Balance - Beginning	$	-		$	512,036		
					
Fund Balance - Ending	$	-		$	569,396		

Revenues		
Assessments - 2018 A1 Tax Roll	$	243,648	$	47,656	$	47,656	$	-	
Interest Income	$	6,863	$	2,108	$	2,108	$	-	
Total Revenues	$	250,511	$	49,765	$	49,765	$	-	

Expenditures:						
Series 2018A-1
Interest - 11/1	

$	90,965	

$	90,965	

$	90,965	

$	

-	
Principal - 5/1	$	60,000	$	-	$	-	$	-	
Interest - 5/1	$	90,965	$	-	$	-	$	-	
Total Expenditures	$	241,930	$	90,965	$	90,965	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	8,581		$	(41,200)			
						
Fund Balance - Beginning	$	135,308		$	260,070			
						
Fund Balance - Ending	$	143,889		$	218,870			

Revenues		
Assessments - 2020 A1 Tax Roll	$	255,379	$	49,775	$	49,775	$	-	
Interest Income	$	10,876	$	3,370	$	3,370	$	-	
Total Revenues	$	266,255	$	53,144	$	53,144	$	-	

Expenditures:					
Series 2020A-1
Interest - 11/1	

$	85,726	

$	85,726	

$	85,726	

$	-	
Special Call - 11/1	$	-	$	-	$	15,000	$	(15,000)	
Principal - 5/1	$	85,000	$	-	$	-	$	-	
Interest - 5/1	$	85,726	$	-	$	-	$	-	
Total Expenditures	$	256,453	$	85,726	$	100,726	$	(15,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	9,803		$	(47,582)		
					
Fund Balance - Beginning	$	120,934		$	225,311		
					
Fund Balance - Ending	$	130,736		$	177,729		

Revenues			
Assessments - 2020 A2 Direct	$	81,840	$	-	$	-	$	-	
Assessments - Prepayments	$	-	$	-	$	333,940	$	333,940	
Interest Income	$	14,777	$	2,233	$	2,233	$	-	
Total Revenues	$	96,617	$	2,233	$	336,173	$	333,940	

Expenditures:			
Series 2020A-2
Interest - 11/1	

$	40,920	

$	31,130	$	31,130	$	-	
Special Call - 11/1	$	-	$	-	$	245,000	$	(245,000)	
Interest - 5/1	$	40,920	$	-	$	-	$	-	
Total Expenditures	$	81,840	$	31,130	$	276,130	$	(245,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	14,777		$	60,043		
					
Fund Balance - Beginning	$	561,508		$	533,457		
					
Fund Balance - Ending	$	576,285		$	593,500		

Revenues

Interest	

$	

-	$	

-	$	47	

$	47	
Total Revenues	$	-	$	-	$	47	$	47	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	47		
					
Fund Balance - Beginning	$	-	$	5,728		
					
Fund Balance - Ending	$	-	$	5,775		

Revenues		
Interest	$	-	$	-	$	13,846	$	13,846	
Total Revenues	$	-	$	-	$	13,846	$	13,846	

Expenditures:
Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	-	$	13,846		
					
Fund Balance - Beginning	$	-	$	2,723,279		
					
Fund Balance - Ending	$	-	$	2,737,125		

Revenues

Interest	

$	-	

$	

-	$	

-	$	

-	
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:
Capital Outlay	

$	-	

$	

-	$	

-	$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)	$	-		$	-		

Other Financing Sources/(Uses)						
Transfer In (Out)	$	50,000	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	50,000	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	50,000		$	-		
						
Fund Balance - Beginning	$	-		$	-		
						
Fund Balance - Ending	$	50,000		$	-		

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	
Revenues				
Assessments - Tax Roll Assessments - Direct Miscellaneous Revenue	$
$
$	-  $	269,652  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	269,652
-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Total Revenues	$	-  $	269,652  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	269,652	

Expenditures:				
General & Administrative:				

Supervisors Fees	
$	-  $	-	
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
FICA Expense	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	1,915	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,915	
Arbitrage	$	-  $	450	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	1,442	$	842	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,284	
Annual Audit	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Trustee Fees	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,565	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,565	
Management Fees	$	3,750	$	3,750	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,500	
Information Technology	$	162	$	162	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	325	
Website Maintenance	$	93	$	93	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	186	
Telephone	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Postage	$	82	$	6	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	88	
Travel Per Diem	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Printing & Binding	$	7	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7	
Insurance	$	6,817	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,817	
Legal Advertising	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Other Current Charges	$	41	$	41	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	83	
Office Supplies	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	0	
Property Appraiser	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Property Taxes	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dues, Licenses & Subscriptions	$	175	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:	$	20,050	$	5,344	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	25,395	

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total

Operation & Maintenance

Field Expenditures Field Services Facility Maintenance Telephone
Electric
Water & Sewer
Security Building Maintenance Landscape Maintenance Landscape Contingency Property Insurance
Fountain Maintenance Lake Maintenance Irrigation Repairs Lighting Maintenance Monument Maintenance Roadway Maintenance Contingency

$	1,550  $
$	-  $
$	-  $
$	12,231  $
$	39,730  $
$	387  $
$	19,737  $
$	-  $
$	6,040  $
$	775  $
$	375  $
$	1,839  $
$	-  $
$	-  $
$	-  $
$	2,533  $

1,550  $
-  $
-  $
5,946  $
68,873  $
289  $
19,737  $
-  $
-  $
775  $
2,575  $
686  $
-  $
-  $
-  $
1,270  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	3,100
-  $	-
-  $	-
-  $	18,177
-  $	108,603
-  $	676
-  $	39,474
-  $	-
-  $	6,040
-  $	1,550
-  $	2,950
-  $	2,525
-  $	-
-  $	-
-  $	-
-  $	3,803

Excess (Deficiency) of Revenues over Expenditures	$	(105,246)  $	162,606  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	57,360

Total Expenditures	$	105,246  $	107,045  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	212,292

Total Operations & Maintenance Expenses	$	85,196  $	101,701  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	186,897

INTEREST RATES:	

4.500%, 5.100%, 5.700%, 5.800%	
MATURITY DATE:	5/1/2049	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$121,730	
RESERVE FUND BALANCE	$121,730	
BONDS OUTSTANDING - 11/07/18	$3,460,000	
PRINCIPAL PAYMENT - 05/01/20	($50,000)	
PRINCIPAL PAYMENT - 05/01/21	($50,000)	
PRINCIPAL PAYMENT - 05/01/22	($50,000)	
PRINCIPAL PAYMENT - 05/01/23	($55,000)	
PRINCIPAL PAYMENT - 05/01/24	($60,000)	
CURRENT BONDS OUTSTANDING	$3,195,000	

SERIES 2018A-2, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	5.800%	
MATURITY DATE:	11/1/2029	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL INTEREST	
RESERVE FUND REQUIREMENT	$145	
RESERVE FUND BALANCE	$145	
BONDS OUTSTANDING - 11/07/18	$4,120,000	
SPECIAL CALL - 05/01/19	($150,000)	
SPECIAL CALL - 08/01/19	($245,000)	
SPECIAL CALL - 11/01/19	($330,000)	
SPECIAL CALL - 02/01/20	($200,000)	
SPECIAL CALL - 05/01/20	($205,000)	
SPECIAL CALL - 08/01/20	($305,000)	
SPECIAL CALL - 11/01/20	($665,000)	
SPECIAL CALL - 02/01/21	($580,000)	
SPECIAL CALL - 05/01/21	($85,000)	
SPECIAL CALL - 08/01/21	($1,060,000)	
SPECIAL CALL - 11/01/21	($210,000)	
SPECIAL CALL - 02/01/22	($75,000)	
SPECIAL CALL - 05/01/22	($5,000)	
SPECIAL CALL - 11/01/22	($5,000)	
CURRENT BONDS OUTSTANDING	$0	

INTEREST RATES:	

3.00%, 3.650%, 4.250%, 4.500%	
MATURITY DATE:	5/1/2051	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$124,938	
RESERVE FUND BALANCE	$127,656	
BONDS OUTSTANDING - 10/29/20	$4,230,000	
PRINCIPAL PAYMENT - 05/01/22	($75,000)	
PRINCIPAL PAYMENT - 05/01/23	($80,000)	
PRINCIPAL PAYMENT - 05/01/24	($80,000)	
SPECIAL CALL - 11/1/24	($15,000)	
CURRENT BONDS OUTSTANDING	$3,980,000	

SERIES 2020A-2, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	4.400%	
MATURITY DATE:	11/1/2035	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL INTEREST	
RESERVE FUND REQUIREMENT	$12,870	
RESERVE FUND BALANCE	$32,100	
BONDS OUTSTANDING - 10/29/20	$8,010,000	
SPECIAL CALL - 11/01/21	($230,000)	
SPECIAL CALL - 02/01/22	($675,000)	
SPECIAL CALL - 05/01/22	($480,000)	
SPECIAL CALL - 08/01/22	($715,000)	
SPECIAL CALL - 11/01/22	($485,000)	
SPECIAL CALL - 02/01/23	($1,045,000)	
SPECIAL CALL - 05/01/23	($410,000)	
SPECIAL CALL - 08/01/23	($410,000)	
SPECIAL CALL - 11/01/23	($580,000)	
SPECIAL CALL - 02/01/24	($700,000)	
SPECIAL CALL - 05/01/24	($420,000)	
SPECIAL CALL - 11/01/24	($245,000)	
CURRENT BONDS OUTSTANDING	$1,615,000	

Windward
Community Development District
Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS

Gross Net

$ 1,466,616.83  $
$ 1,378,619.82  $

259,200.00  $
243,648.00  $

270,720.00
254,476.80

$ 1,996,536.83
$ 1,876,744.62

ASSESSED THROUGH COUNTY
73.46%	12.98%	13.56%	100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
General Fund	S2018 A1 DSF
Portion	S2020 A1 DSF
Portion	
Total	

11/18/24		
ACH	
$25,265.53	
$0.00	
($505.31)	
$0.00	
$24,760.22	
	
$18,188.37	
$3,214.49	
$3,357.36	
$24,760.22	
11/22/24		ACH	$349,308.77	$0.00	($6,986.17)	$0.00	$342,322.60		$251,463.48	$44,441.96	$46,417.16	$342,322.60	
							$0.00		$0.00	$0.00	$0.00	$0.00	
							$0.00		$0.00	$0.00	$0.00	$0.00	
							$0.00		$0.00	$0.00	$0.00	$0.00	
	TOTAL		$	374,574.30	$	-	$	(7,491.48)  $	-	$	367,082.82		$  269,651.85	$	47,656.45	$	49,774.52	$  367,082.82	

20%
$ 1,509,661.80

Gross Percent Collected
Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

K. Hovnanian at Mystic Dunes, LLC		
Net Assessments	
$51,480.00	
$51,480.00	
Date
Received	Due
Date	Check
No.	Net
Assessed	Amount
Received	Debt Service
Fund 2020 A2	
4/1/25	$25,740.00		$0.00	
10/1/25	$25,740.00		$0.00	
	$	51,480.00	$	-	$	-	

Section D

Section 1

to be provided under separate cover