CC CDD
December 2024 Financial Report

December 31, 2024

PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817
Tel: 407-723-5900

Statement of Financial Position As of 12/31/2024

General Fund		Capital Fund		Total	

Assets					
Current Assets
General Checking Account	$	1,223.71				
$	1,223.71	
Accounts Receivable - Due from Developer	22,115.45				22,115.45	
Due From Other Funds		$	2,698.00		2,698.00	
Total Current Assets	$	23,339.16		$	2,698.00		$  26,037.16	

Total Assets	$	23,339.16		$	2,698.00		$  26,037.16	

Liabilities and Net Assets					
Current Liabilities
Accounts Payable	$	23,339.16				
$  23,339.16	
Due To Other Funds	2,698.00				2,698.00	
Deferred Revenue	22,115.45				22,115.45	
Accounts Payable		$	2,698.00		2,698.00	
Total Current Liabilities	$	48,152.61		$	2,698.00		$  50,850.61	

Total Liabilities	$	48,152.61		$	2,698.00		$  50,850.61	

Net Assets
Net Assets - General Government	$	(56,089.67)				

$ (56,089.67)	
Current Year Net Assets - General Government	31,276.22				31,276.22	
Net Assets, Unrestricted		$	(4,465.00)		(4,465.00)	
Net Assets - General Government		4,465.00		4,465.00	

Total Net Assets	$	(24,813.45)		$	-		$ (24,813.45)	

					
Total Liabilities and Net Assets	$	23,339.16		$	2,698.00		$  26,037.16	

As of 12/31/2024

General	Capital Fund	Total Fund
Revenues

Developer Contributions	$ 52,995.26			$	52,995.26	
Total Revenues	$ 52,995.26		$	-	$	52,995.26	

Public Officials and Employment	$	2,875.00			$	2,875.00	
Management	9,999.99			9,999.99	
District Counsel	510.00			510.00	
Postage & Shipping	0.69			0.69	
Legal Advertising	245.36			245.36	
Web Site Maintenance	350.00			350.00	
Dues, Licenses, and Fees	175.00			175.00	
General Insurance	7,563.00			7,563.00	
Total Expenses

er Revenues (Expenses) & Gains (Losses)	$ 21,719.04		$	-	$	21,719.04	
Total Other Revenues (Expenses) & Gains (Losses)

Change In Net Assets	$	-

$ 31,276.22		$

$	-	$	-

-	$	31,276.22	
Net Assets At Beginning Of Year	$ (56,089.67)		$	-	$	(56,089.67)	

Net Assets At End Of Year	
$ (24,813.45)		
$	
-	$	(24,813.45)	

Expenses

Oth

Budget to Actual
For the Month Ending 12/31/2024

Year To Date

Actual	
Budget	
Variance	FY 2025
Adopted Budget	Percentage Spent	

Revenues						
Developer Contributions	$ 52,995.26	$	31,868.76	$	21,126.50	$	127,475.00	41.57%	
Net Revenues	$ 52,995.26		$	31,868.76		$	21,126.50		$	127,475.00		41.57%	
General & Administrative Expenses						
Supervisor Fees	$	-	$	300.00	$	(300.00)	$	1,200.00	0.00%	
Public Officials and Employment	2,875.00	718.74	2,156.26	2,875.00	100.00%	
Trustee Services	-	1,500.00	(1,500.00)	6,000.00	0.00%	
Management	9,999.99	9,999.99	-	40,000.00	25.00%	
Engineering	-	3,750.00	(3,750.00)	15,000.00	0.00%	
Dissemination Agent	-	249.99	(249.99)	1,000.00	0.00%	
District Counsel	510.00	5,000.01	(4,490.01)	20,000.00	2.55%	
Audit	-	1,500.00	(1,500.00)	6,000.00	0.00%	
Travel and Per Diem	-	300.00	(300.00)	1,200.00	0.00%	
Postage & Shipping	0.69	75.00	(74.31)	300.00	0.23%	
Legal Advertising	245.36	1,250.01	(1,004.65)	5,000.00	4.91%	
Web Site Maintenance	350.00	855.00	(505.00)	3,420.00	10.23%	
Dues, Licenses, and Fees	175.00	50.01	124.99	200.00	87.50%	
General Insurance	7,563.00	2,570.01	4,992.99	10,280.00	73.57%	
Contingency	-	3,750.00	(3,750.00)	15,000.00	0.00%	
Total General & Administrative Expenses	$	21,719.04		$	31,868.76		$	(10,149.72)		$	127,475.00		17.04%	
Total Expenses	 $ 21,719.04 	 $ 31,868.76 	 $  (10,149.72)	 $ 127,475.00 		17.04%	
Net Income (Loss)	$ 31,276.22		$	-		$	31,276.22		$	-