CC CDD
November 2024 Financial Report

November 30, 2024

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

Statement of Financial Position As of 11/30/2024

General Fund		Capital Fund		Total	

Assets					
Current Assets
General Checking Account	$	851.83				
$	851.83	
Accounts Receivable - Due from Developer	59,667.06				59,667.06	
Due From Other Funds		$	2,698.00		2,698.00	
Total Current Assets	$	60,518.89		$	2,698.00		$	63,216.89	

Total Assets	$	60,518.89		$	2,698.00		$	63,216.89	

Liabilities and Net Assets					
Current Liabilities
Accounts Payable	$	58,101.83				
$	58,101.83	
Due To Other Funds	2,698.00				2,698.00	
Deferred Revenue	59,667.06				59,667.06	
Accounts Payable		$	2,698.00		2,698.00	
Total Current Liabilities	$	120,466.89		$	2,698.00		$ 123,164.89	

Total Liabilities	$	120,466.89		$	2,698.00		$ 123,164.89	

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

$ (56,089.67)	
Current Year Net Assets - General Government	(3,858.33)				(3,858.33)	
Net Assets, Unrestricted		$	(4,465.00)		(4,465.00)	
Net Assets - General Government		4,465.00		4,465.00	

Total Net Assets	$	(59,948.00)		$	-		$ (59,948.00)	

					
Total Liabilities and Net Assets	$	60,518.89		$	2,698.00		$	63,216.89	

As of 11/30/2024

General	Capital Fund	Total Fund
Revenues

Developer Contributions	$ 10,438.00			$	10,438.00	
Total Revenues	$  10,438.00		$	-	$	10,438.00	

Public Officials and Employment	$	2,875.00			$	2,875.00	
Management	3,333.33			3,333.33	
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)	$  14,296.33		$	-	$	14,296.33	
Total Other Revenues (Expenses) & Gains (Losses)

Change In Net Assets	$	-

$  (3,858.33)		$

$	-	$	-

-	$	(3,858.33)	
Net Assets At Beginning Of Year	$ (56,089.67)		$	-	$	(56,089.67)	

Net Assets At End Of Year	
$ (59,948.00)		
$	
-	$	(59,948.00)	

Expenses

Oth

Budget to Actual
For the Month Ending 11/30/2024

Year To Date

Actual	
Budget	
Variance	FY 2025
Adopted Budget	Percentage Spent	

Revenues						
Developer Contributions	$	10,438.00	$	21,245.84	$	(10,807.84)	$	127,475.00	8.19%	
Net Revenues	$	10,438.00		$	21,245.84		$	(10,807.84)		$	127,475.00		8.19%	
General & Administrative Expenses						
Supervisor Fees	$	-	$	200.00	$	(200.00)	$	1,200.00	0.00%	
Public Officials and Employment	2,875.00	479.16	2,395.84	2,875.00	100.00%	
Trustee Services	-	1,000.00	(1,000.00)	6,000.00	0.00%	
Management	3,333.33	6,666.66	(3,333.33)	40,000.00	8.33%	
Engineering	-	2,500.00	(2,500.00)	15,000.00	0.00%	
Dissemination Agent	-	166.66	(166.66)	1,000.00	0.00%	
District Counsel	-	3,333.34	(3,333.34)	20,000.00	0.00%	
Audit	-	1,000.00	(1,000.00)	6,000.00	0.00%	
Travel and Per Diem	-	200.00	(200.00)	1,200.00	0.00%	
Postage & Shipping	-	50.00	(50.00)	300.00	0.00%	
Legal Advertising	-	833.34	(833.34)	5,000.00	0.00%	
Web Site Maintenance	350.00	570.00	(220.00)	3,420.00	10.23%	
Dues, Licenses, and Fees	175.00	33.34	141.66	200.00	87.50%	
General Insurance	7,563.00	1,713.34	5,849.66	10,280.00	73.57%	
Contingency	-	2,500.00	(2,500.00)	15,000.00	0.00%	
Total General & Administrative Expenses	$	14,296.33		$	21,245.84		$	(6,949.51)		$	127,475.00		11.22%	
Total Expenses	 $	14,296.33 	 $ 21,245.84 	 $	(6,949.51)	 $ 127,475.00 		11.22%	
Net Income (Loss)	$	(3,858.33)		$	-		$	(3,858.33)		$	-