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PREPAYMENT OF ASSESSMENTS IN FULL
<br /> No full prepayments of Assessments have occurred within the District.
<br /> PARTIAL PREPAYMENT OF ASSESSMENTS
<br /> No partial prepayments of Assessments have occurred within the District.
<br /> EXTRAORDINARY OPTIONAL REDEMPTIONS
<br /> No extraordinary optional redemptions of the PID Bonds have occurred.
<br /> [SERVICE PLAN — FIVE YEAR BUDGET FORECAST
<br /> The PID Act requires the annual indebtedness and projected costs for the improvements to be
<br /> reviewed and updated in the Annual Service Plan Update, and the projection shall cover a period
<br /> of not less than five years.
<br /> improvement Area#1
<br /> Principal $ 165,062.85 $ 171,268.22 $ 178,094,13 $ 185,540.57 $ 192,366.48
<br /> Interest $ 373,175.45 $ 366,985.60 $ 360,563.04 $ 353,884.51 $ 346,926.74
<br /> Capitalized Interest $ . $ - $ $ - $ -
<br /> (1) $ 538,238.30 $ 538,253.81 $ 538,657.16 $ 539,425.08 $ 539,293.21
<br /> Annual Collection Costs (2) $ 40,955.44 $ 41,774.55 $ 42,610.04 $ 43,462.24 $ 44,331.49
<br /> Additional interest (3) $ 43,437.59 $ 42,612.28 $ 41,755.94 $ 40,865.47 $ 39,937.76
<br /> Total Annual installment (4)=(1)+(2)+(3) $ 622,631.34 $ 622,640.64 $ 623,023.14 $ 623,752.79 $ 623,562.47
<br /> improvement Area#2
<br /> Principal $ 68,198.76 $ 70,762.62 $ 73,582.87 $ 76,659.50 $ 79,479.75
<br /> Interest $ 154,184.31 $ 151,626.86 $ 148,973.26 $ 146,213.90 $ 143,339.17
<br /> Capitalized Interest $ - $ - $ - $ - $ -
<br /> (1) $ 222,383.07 $ 222,389.48 $ 222,556.13 $ 222,873.41 $ 222,818.92
<br /> Annual Collection Costs (2) $ 16,921.50 $ 17,259.93 $ 17,605.12 $ 17,957.23 $ 18,316.37
<br /> Additional interest (3) $ 17,947.04 $ 17,606.05 $ 17,252.23 $ 16,884.32 $ 16,501.02
<br /> Total Annual Installment (4)=(1)+(2)+(3) $ 257,251.60 $ 257,255.45 $ 257,413.49 $ 257,714.95 $ 257,636.32
<br /> improvement Area#3
<br /> Principal $ 32,738.40 $ 33,969.16 $ 35,323.01 $ 36,799.93 $ 38,153.77
<br /> Interest $ 74,015.24 $ 72,787.55 $ 71,513.70 $ 70,189.09 $ 68,809.09
<br /> Capitalized Interest $ - $ - $ - $ - $ -
<br /> (1) $ 106,753.63 $ 106,756.71 $ 106,836.71 $ 106,989.02 $ 106,962.86
<br /> Annual Collection Costs (2) $ 8,123.06 $ 8,285.52 $ 8,451.23 $ 8,620.26 $ 8,792.66
<br /> Additional Interest (3) $ 8,615.37 $ 8,451.68 $ 8,281.83 $ 8,105.21 $ 7,921.21
<br /> Total Annual Installment (4)=(1)+(2)+(3) $ 123,492.06 $ 123,493.91 $ 123,569.77 $ 123,714.49 $ 123,676.74
<br /> WHISPER SOUTH PUBLIC IMPROVEMENT DISTRICT 4
<br /> 2023 ANNUAL SERVICE PLAN UPDATE
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