Adopted Budget
Fiscal Year 2022

Bellagio Community Development District

July 12, 2021

Bellagio
Community Development District

TABLE OF CONTENTS

General Fund Budget
Budget Narrative

Page 1-2
Page 3-5

Debt Service Fund Series 2013

Budget
Amortization Schedule

Page 6
Page 7

Debt Service Fund Series 2016

Budget
Amortization Schedule

Page 8
Page 9

Bellagio
Community Development District

General Fund

Adopted Budget FY 2021

Actual thru 5/31/2021

Projected Next
4 Months

Total Projected at 9/30/2021

Adopted Budget FY 2022

Description

Revenues

Maintenance Assessments - On Roll Interest income

$452,464
$0

$438,633
$407

$16,243
$180

$454,876
$587

$452,464
$0

Total Revenues

 	$452,464 

 	$439,040 

 	$16,423

 	$455,463 

 	$452,464 

Expenditures

Administrative Supervisor Fees FICA Taxes Engineering Fees Arbitrage Dissemination Agent Attorney Fees Assessment Roll Annual Audit Trustee Fees Management Fees Computer Time Telephone
Postage
Printing & Binding Insurance
Legal Advertising Other Current Charges Website Compliance Office Supplies
Dues, Licenses & Subscriptions

$5,000
$383
$5,000
$650
$2,000
$15,000
$2,000
$4,300
$7,000
$30,900
$500
$105
$750
$1,500
$6,515
$2,000
$650
$1,000
$150
$175

$1,800
$138
$0
$550
$1,333
$5,955
$2,000
$4,300
$7,000
$20,600
$333
$0
$45
$123
$6,219
$384
$516
$667
$0
$175

$2,000
$153
$5,000
$0
$667
$9,045
$0
$0
$0
$10,300
$167
$50
$300
$750
$0
$100
$134
$333
$75
$0

$3,800
$291
$5,000
$550
$2,000
$15,000
$2,000
$4,300
$7,000
$30,900
$500
$50
$345
$873
$6,219
$484
$650
$1,000
$75
$175

$5,000
$383
$5,000
$650
$2,000
$15,000
$2,000
$4,400
$7,000
$30,900
$500
$105
$750
$1,500
$6,530
$2,000
$650
$1,000
$150
$175

Total Administrative

 	$85,578 

 	$52,138 

 	$29,074

 	$81,212

 	$85,693 

Clubhouse
Management Fees - Front Desk & Director Pool Attendants
Access Control Cable/Internet Services Utilities - Electric Utilities - Water
Copier Lease Insurance
Repairs & Maintenance Pool & Spa Maintenance Pool & Spa  Repairs Pool & Spa Permit Landscape Maintenance

$142,284
$42,000
$2,000
$7,460
$21,600
$7,200
$1,200
$24,077
$2,400
$21,600
$2,400
$600
$9,900

$78,909
$28,231
$0
$4,620
$13,452
$2,317
$1,699
$24,077
$1,000
$12,600
$16,915
$0
$7,013

$40,348
$14,193
$2,000
$2,360
$7,200
$2,683
$628
$0
$1,400
$7,200
$0
$600
$2,888

$119,257
$42,424
$2,000
$6,980
$20,652
$5,000
$2,327
$24,077
$2,400
$19,800
$16,915
$600
$9,900

$136,040
$42,578
$2,000
$7,460
$21,600
$7,200
$2,000
$25,281
$2,400
$21,600
$2,400
$600
$9,900

Page 1

Bellagio
Community Development District

General Fund

Adopted Budget FY 2021

Actual thru 5/31/2021

Projected Next
4 Months

Total Projected at 9/30/2021

Adopted Budget FY 2022

Description

Clubhouse (continued) Landscape Replacement Janitorial Services Janitorial Supplies
Fitness Equipment Maintenance
Fitness Equipment Repair/Replacements Replacements annuals
Pest Control Contingencies Refuse Service Special Events
Office/Clubhouse Supplies Alarm Monitoring
Air Conditioning Maintenance

$6,000
$28,756
$3,600
$1,380
$5,000
$10,000
$1,200
$6,810
$3,419
$3,000
$8,000
$1,500
$3,500

$0
$19,171
$0
$610
$0
$0
$0
$6,112
$2,239
$0
$5,728
$0
$771

$6,000
$9,585
$3,600
$230
$5,000
$10,000
$1,200
$22,295
$1,244
$3,000
$2,864
$1,500
$771

$6,000
$28,756
$3,600
$840
$5,000
$10,000
$1,200
$28,407
$3,483
$3,000
$8,591
$1,500
$1,542

$6,000
$28,756
$3,600
$690
$5,000
$10,000
$1,200
$10,708
$3,758
$3,000
$8,000
$1,500
$3,500

Total Clubhouse

 	$366,886 

 	$225,463 

 	$148,788 

 	$374,251 

 	$366,771 

Total Expenditures

 	$452,464 

 	$277,601 

 	$177,862 

 	$455,463 

 	$452,464 

Assigned Fund Balance

 	$0 

$161,439

($161,439)

$0

$0

Page 2

Administrative Assessment
Units	Per Unit Assess.

Administrative Assessment
Units	Per Unit Assess.

585	$158.36  Gross Assessm		$92,640.60 Discounts	 		($3,705.62) Net of Discounts		$88,934.98 Collections	 			($926.41) Net Assessments 		$88,008.57 

585	$158.36	Gross Assessm Discounts
Net of Discounts Collections
Net Assessments

$92,640.60 ($3,705.62)

$88,934.98 ($926.41)

$88,008.57

Clubhouse O&M assessments
Units	Per Unit Assess.

Clubhouse O&M assessments
Units	Per Unit Assess.

585	$655.79  Gross Assessm		$383,637.15 Discounts	 		($15,345.49) Net of Discounts		$368,291.66 Collections	 			($3,836.37) Net Assessments 		$364,455.29 

585	$655.79	Gross Assessm Discounts
Net of Discounts Collections
Net Assessments

$383,637.15 ($15,345.49)

$368,291.66 ($3,836.37)

$364,455.29

Total
FY 2021 Assessment
Units	Per Unit Assess.

Total
FY 2022 Assessment
Units	Per Unit Assess.

585	$814.15  Gross Assessm		$476,277.75 Discounts	 		($19,051.11) Net of Discounts		$457,226.64 Collections	 			($4,762.78) Net Assessments 		$452,463.86 

585	$814.15	Gross Assessm Discounts
Net of Discounts Collections
Net Assessments

$476,277.75 ($19,051.11)

$457,226.64 ($4,762.78)

$452,463.86

Bellagio
Community Development District
General Fund

REVENUES:

Maintenance Assessments – On Roll
The District will levy a Non-Ad Valorem assessment on all the platted lots within the District to pay all the operating expenses for the Fiscal Year in accordance with the adopted budget.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all five supervisors attending meetings.

FICA Taxes
Represents the employer's share of Social Security.

Engineering Fees
The District's engineer will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.

Arbitrage
The District is required to have an annual arbitrage rebate calculation on the District’s Bonds. The District will contract with an independent firm to perform the calculations.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Attorney Fees
The District's legal counsel will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Assessment Roll
Represents an annual charge for preparing and administrating the District’s assessments on the landowner’s tax bills

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District bonds will be held and administered by a Trustee. This represents the bank’s annual fee.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with
Governmental Management Services – South Florida, LLC.

Computer Time
The District processes all its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.

Telephone
This category includes all charges relating to telephone calls, conference calls, and faxes made to and on behalf of the District

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

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

Page 3

Bellagio
Community Development District
General Fund

Administrative: (continued)

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with Egis Insurance & Risk Advisors.

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

Other Current Charges
Bank charges and any other miscellaneous expenses that incurred during the year.

Website Compliance
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.

Office Supplies
Miscellaneous office supplies.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Clubhouse:

Management Fees – Clubhouse
The District is currently contracted with Miami Management, Inc. for the onsite management of the Clubhouse. The current contract is being revised by the board and includes the following responsibilities:

•	Administrative Management Front Desk & Director
•Clubhouse Attendant
•	On Site Manager
•	Pool Attendants
•	Janitorial Services

Pool Attendants
Pool attendants in summer season contracted by Miami Management, Inc. as mentioned above.

Access Control
This represents the cost of Key Fobs for the residents to gain access to the clubhouse.

Internet/Cable Services/(Telephone)
The District is contracted with Comcast to provide service to the Clubhouse.

Utilities - Electric
The District currently has an account with Florida Powers & Light for electric service at 8700 W 35 Court.

Utilities -Water
The District currently has an account with The City of Hialeah for water service at 8700 W 35 Court.

Copier Lease
This represents costs for a copier lease.

Insurance
The District has a Property Insurance policy with Egis Insurance & Risk Advisors.

Repairs & Maintenance
Represents routine repairs to the Clubhouse.

Page 4

Bellagio
Community Development District
General Fund

Clubhouse: (continued)

Pool & Spa Maintenance
The District is contracted with Wilson Property Pool Co. for the maintenance of the clubhouse pool.
$1,800 or $21,600 annually.

The monthly contract is

Pool & Spa Repairs
This represents costs for repairs of the pool and the spa.

Pool & Spa Permits
Permits for pool and spa.

Landscape Maintenance
The District has a contract with General Mow LLC for monthly services.

Landscape Replacement
This represents costs for any mulch and sod replacements.

Janitorial Services
Janitorial services are contracted by Miami Management, Inc. as mentioned in Management Fees above.

Janitorial Supplies
This represents any cleaning supplies.

Fitness Equipment Maintenance
The District is contracted with The Fitness Solution for the regular maintenance of the fitness equipment, and repairs as needed.

Fitness Equipment Repair/Replacement
The District is contracted with The Fitness Solution for repairs as needed.

Replacements Annuals
This represents replacements of annuals throughout the district.

Pest Control
The district will contract a company for pest control services.

Contingencies
Represents any expenditures not mentioned above during the Fiscal Year.

Refuse Service
The District is contracted with Great Waste & Recycling for refuse removal.

Special Events
Represents the cost of any social events at the clubhouse.

Office/Clubhouse Supplies
Miscellaneous supplies as needed

Alarm Monitoring
The District has a contract for fire alarm monitoring.

Air Conditioning Maintenance
The district will contract a company to repair and maintain the A/C of the clubhouse

Page 5

Bellagio
Community Development District

Debt Service Fund
Series 2013, Special Assessment Revenue Bonds

Adopted Budget
 	FY 2021	

Actual thru
    5/31/2021 

Projected Next
    4 Months	

Total Projected at
    9/30/2021 

Adopted Budget
 	FY 2022	

 	Description	

Revenues

Special Assessments - On Roll Interest Income
Carry Forward Surplus (1)

$662,207
$0
$480,058

$641,860
$56
$483,719

$23,772
$20
$0

$665,632
$76
$483,719

$662,207
$0
$495,327

Total Revenues

    $1,142,265 

    $1,125,635 

 	$23,792

    $1,149,427 

    $1,157,533 

Expenditures

Series 2013 Interest 11/1 Principal - 11/1 Interest - 5/1

$254,300
$150,000
$249,800

$254,300
$150,000
$249,800

$0
$0
$0

$254,300
$150,000
$249,800

$249,800
$160,000
$245,000

Total Expenditures

 	$654,100 

 	$654,100 

 	$0 

 	$654,100 

 	$654,800 

EXCESS REVENUES

 	$488,165 

$471,535

$23,792

$495,327

$502,733

(1) Carry forward is net of Reserve Fund requirement.

2013 Interest - 11/1/22 2013 Principal - 11/1/22

$245,000
 	$170,000 
$415,000

Description

# Units

Gross Per Unit

Total

Single Family Townhomes Villas

206
206
 	170
582

$1,269
$1,182
$1,130
Total Gross

$261,420
$243,461
 	$192,178 
$697,059
 	($34,853)
 	$662,207 

Less: Disc & Comm (5%)

Total Net

Page 6

Bellagio
Community Development District

Series 2013, Special Assessment Revenue Bonds
Amortization Schedule

PRINCIPAL
 	BALANCE	

 	DATE	

    RATE 

 	INTEREST	

 	PRINCIPAL	

 	TOTAL	

1-Nov-22
1-May-23
1-Nov-23
1-May-24
1-Nov-24
1-May-25
1-Nov-25
1-May-26
1-Nov-26
1-May-27
1-Nov-27
1-May-28
1-Nov-28
1-May-29
1-Nov-29
1-May-30
1-Nov-30
1-May-31
1-Nov-31
1-May-32
1-Nov-32
1-May-33
1-Nov-33
1-May-34
1-Nov-34
1-May-35
1-Nov-35
1-May-36
1-Nov-36
1-May-37
1-Nov-37
1-May-38
1-Nov-38
1-May-39
1-Nov-39
1-May-40
1-Nov-40
1-May-41
1-Nov-41
1-May-42
1-Nov-42
1-May-43
1-Nov-43

$7,630,000.00
$7,460,000.00
$7,460,000.00
$7,280,000.00
$7,280,000.00
$7,090,000.00
$7,090,000.00
$6,885,000.00
$6,885,000.00
$6,670,000.00
$6,670,000.00
$6,440,000.00
$6,440,000.00
$6,200,000.00
$6,200,000.00
$5,945,000.00
$5,945,000.00
$5,670,000.00
$5,670,000.00
$5,380,000.00
$5,380,000.00
$5,070,000.00
$5,070,000.00
$4,740,000.00
$4,740,000.00
$4,390,000.00
$4,390,000.00
$4,015,000.00
$4,015,000.00
$3,615,000.00
$3,615,000.00
$3,190,000.00
$3,190,000.00
$2,740,000.00
$2,740,000.00
$2,260,000.00
$2,260,000.00
$1,745,000.00
$1,745,000.00
$1,200,000.00
$1,200,000.00
$620,000.00
$620,000.00

6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.000%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%
6.500%

$245,000.00
$239,900.00
$239,900.00
$234,500.00
$234,500.00
$228,800.00
$228,800.00
$222,650.00
$222,650.00
$216,200.00
$216,200.00
$209,300.00
$209,300.00
$201,500.00
$201,500.00
$193,212.50
$193,212.50
$184,275.00
$184,275.00
$174,850.00
$174,850.00
$164,775.00
$164,775.00
$154,050.00
$154,050.00
$142,675.00
$142,675.00
$130,487.50
$130,487.50
$117,487.50
$117,487.50
$103,675.00
$103,675.00
$89,050.00
$89,050.00
$73,450.00
$73,450.00
$56,712.50
$56,712.50
$39,000.00
$39,000.00
$20,150.00
$20,150.00

$170,000.00
$0.00
$180,000.00
$0.00
$190,000.00
$0.00
$205,000.00
$0.00
$215,000.00
$0.00
$230,000.00
$0.00
$240,000.00
$0.00
$255,000.00
$0.00
$275,000.00
$0.00
$290,000.00
$0.00
$310,000.00
$0.00
$330,000.00
$0.00
$350,000.00
$0.00
$375,000.00
$0.00
$400,000.00
$0.00
$425,000.00
$0.00
$450,000.00
$0.00
$480,000.00
$0.00
$515,000.00
$0.00
$545,000.00
$0.00
$580,000.00
$0.00
$620,000.00

$660,000.00
$0.00
$659,800.00
$0.00
$659,000.00
$0.00
$662,600.00
$0.00
$660,300.00
$0.00
$662,400.00
$0.00
$658,600.00
$0.00
$658,000.00
$0.00
$661,425.00
$0.00
$658,550.00
$0.00
$659,700.00
$0.00
$659,550.00
$0.00
$658,100.00
$0.00
$660,350.00
$0.00
$660,975.00
$0.00
$659,975.00
$0.00
$657,350.00
$0.00
$658,100.00
$0.00
$661,900.00
$0.00
$658,425.00
$0.00
$658,000.00
$0.00
$660,300.00

Page 7

Total	$7,133,200.00	$7,790,000.00	$15,173,000.00

1-Nov-21	$7,790,000.00	6.000%	$249,800.00	$160,000.00	$659,600.00
1-May-22	$7,630,000.00	6.000%	$245,000.00	$0.00	$0.00

Bellagio
Community Development District

Debt Service Fund
Series 2016, Special Assessment Revenue Bonds

Adopted Budget
 	FY 2021	

Actual thru
    5/31/2021 

Projected Next
    4 Months	

Total Projected at
    9/30/2021 

Adopted Budget
 	FY 2022	

 	Description	

Revenues

Special Assessments - On Roll Interest Income
Carry Forward Surplus (1)

$399,780
$0
$315,662

$387,497
$34
$317,847

$14,351
$8
$0

$401,848
$42
$317,847

$399,780
$0
$324,818

Total Revenues

 	$715,442 

 	$705,378 

 	$14,359

 	$719,737 

 	$724,598 

Expenditures

Series 2016 Interest 11/1 Principal - 11/1 Interest - 5/1

$123,303
$150,000
$121,616

$123,303
$150,000
$121,616

($0)
$0 ($0)

$123,303
$150,000
$121,616

$121,616
$155,000
$119,872

Total Expenditures

 	$394,919 

 	$394,919 

 	($0)

 	$394,919 

 	$396,488 

EXCESS REVENUES

 	$320,523 

$310,459

$14,359

$324,818

$328,111

(1) Carry forward is net of Reserve Fund requirement.

2016 Interest - 11/1/22 2016 Principal - 11/1/22

$119,872
 	$155,000 
$274,872

Description

# Units

Gross Per Unit

Total

Single Family Townhomes Villas

207
206
 	170
583

$722
$722
$722
Total Gross

$149,417
$148,695
 	$122,709 
$420,821
 	($21,041)
 	$399,780 

Less: Disc & Comm (5%)

Total Net

Page 8

Bellagio
Community Development District

Series 2016, Special Assessment Revenue Bonds
Amortization Schedule

PRINCIPAL
 	BALANCE	

 	DATE	

    RATE 

 	INTEREST	

 	PRINCIPAL	

 	TOTAL	

1-Nov-22
1-May-23
1-Nov-23
1-May-24
1-Nov-24
1-May-25
1-Nov-25
1-May-26
1-Nov-26
1-May-27
1-Nov-27
1-May-28
1-Nov-28
1-May-29
1-Nov-29
1-May-30
1-Nov-30
1-May-31
1-Nov-31
1-May-32
1-Nov-32
1-May-33
1-Nov-33
1-May-34
1-Nov-34
1-May-35
1-Nov-35
1-May-36
1-Nov-36
1-May-37
1-Nov-37
1-May-38
1-Nov-38
1-May-39
1-Nov-39
1-May-40
1-Nov-40
1-May-41
1-Nov-41
1-May-42
1-Nov-42
1-May-43
1-Nov-43
1-May-44
1-Nov-44
1-May-45
1-Nov-45
1-May-46
1-Nov-46

$6,185,000.00
$6,030,000.00
$6,030,000.00
$5,870,000.00
$5,870,000.00
$5,705,000.00
$5,705,000.00
$5,535,000.00
$5,535,000.00
$5,360,000.00
$5,360,000.00
$5,180,000.00
$5,180,000.00
$4,990,000.00
$4,990,000.00
$4,795,000.00
$4,795,000.00
$4,590,000.00
$4,590,000.00
$4,380,000.00
$4,380,000.00
$4,160,000.00
$4,160,000.00
$3,935,000.00
$3,935,000.00
$3,700,000.00
$3,700,000.00
$3,455,000.00
$3,455,000.00
$3,200,000.00
$3,200,000.00
$2,935,000.00
$2,935,000.00
$2,660,000.00
$2,660,000.00
$2,370,000.00
$2,370,000.00
$2,070,000.00
$2,070,000.00
$1,760,000.00
$1,760,000.00
$1,435,000.00
$1,435,000.00
$1,095,000.00
$1,095,000.00
$745,000.00
$745,000.00
$380,000.00
$380,000.00

2.500%
2.500%
2.750%
2.750%
3.000%
3.000%
3.000%
3.000%
3.125%
3.125%
3.750%
3.750%
3.750%
3.750%
3.750%
3.750%
3.750%
3.750%
3.750%
3.750%
4.000%
4.000%
4.000%
4.000%
4.000%
4.000%
4.000%
4.000%
4.000%
4.000%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%
4.125%

$119,871.88
$117,934.38
$117,934.38
$115,734.38
$115,734.38
$113,259.38
$113,259.38
$110,709.38
$110,709.38
$107,975.00
$107,975.00
$104,600.00
$104,600.00
$101,037.50
$101,037.50
$97,381.25
$97,381.25
$93,537.50
$93,537.50
$89,600.00
$89,600.00
$85,200.00
$85,200.00
$80,700.00
$80,700.00
$76,000.00
$76,000.00
$71,100.00
$71,100.00
$66,000.00
$66,000.00
$60,534.38
$60,534.38
$54,862.50
$54,862.50
$48,881.25
$48,881.25
$42,693.75
$42,693.75
$36,300.00
$36,300.00
$29,596.88
$29,596.88
$22,584.38
$22,584.38
$15,365.63
$15,365.63
$7,837.50
$7,837.50

$155,000.00
$0.00
$160,000.00
$0.00
$165,000.00
$0.00
$170,000.00
$0.00
$175,000.00
$0.00
$180,000.00
$0.00
$190,000.00
$0.00
$195,000.00
$0.00
$205,000.00
$0.00
$210,000.00
$0.00
$220,000.00
$0.00
$225,000.00
$0.00
$235,000.00
$0.00
$245,000.00
$0.00
$255,000.00
$0.00
$265,000.00
$0.00
$275,000.00
$0.00
$290,000.00
$0.00
$300,000.00
$0.00
$310,000.00
$0.00
$325,000.00
$0.00
$340,000.00
$0.00
$350,000.00
$0.00
$365,000.00
$0.00
$380,000.00

$394,743.75
$0.00
$395,868.75
$0.00
$396,468.75
$0.00
$396,518.75
$0.00
$396,418.75
$0.00
$395,950.00
$0.00
$399,200.00
$0.00
$397,075.00
$0.00
$399,762.50
$0.00
$397,075.00
$0.00
$399,200.00
$0.00
$395,400.00
$0.00
$396,400.00
$0.00
$397,000.00
$0.00
$397,200.00
$0.00
$397,000.00
$0.00
$396,068.75
$0.00
$399,725.00
$0.00
$397,762.50
$0.00
$395,387.50
$0.00
$397,600.00
$0.00
$399,193.75
$0.00
$395,168.75
$0.00
$395,731.25
$0.00
$395,675.00

Page 9

Total	$3,860,209.38	$6,340,000.00	$10,321,825.00

1-Nov-21	$6,340,000.00	2.250%	$121,615.63	$155,000.00	$398,231.25
1-May-22	$6,185,000.00	2.250%	$119,871.88	$0.00	$0.00