Cape Coral Town Center CDD
(Formerly CC CDD)
July 2025 Financial Report

July 31, 2025

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

Cape Coral Town Center (formerly CC CDD)						
Statement of Financial Position						
As of 7/31/2025						
	
General Fund		
Debt Service Fund		
Capital Fund			
Total	

Assets						
Current Assets						
General Checking Account	$	224.22						$	224.22	
Accounts Receivable - Due from Developer	4,877.83							4,877.83	
Total Current Assets	$	5,102.05		$	-		$	-		$	5,102.05	
Total Assets	$	5,102.05		$	-		$	-		$	5,102.05	

Liabilities and Net Assets						
Current Liabilities						
Accounts Payable	$	4,877.83						$	4,877.83	
Deferred Revenue
Total Current Liabilities

Total Liabilities

Net Assets	4,877.83

$	9,755.66

$	9,755.66		

$	-

$	-					4,877.83	
					$	-		$	9,755.66	
					$	-		$	9,755.66	
Net Assets - General Government	$	(56,089.67)						$	(56,089.67)	
Current Year Net Assets - General Government	51,436.06							51,436.06	
Net Assets, Unrestricted			$	(11,519.76)					(11,519.76)	
Net Assets - General Government			11,519.76					11,519.76	
Net Assets, Unrestricted		$	(4,465.00)			(4,465.00)	
Net Assets - General Government					4,465.00			4,465.00	
Total Net Assets	$	(4,653.61)		$	-		$	-		$	(4,653.61)	
									
Total Liabilities and Net Assets	$	5,102.05		$	-		$	-		$	5,102.05	

Cape Coral Town Center (formerly CC CDD)
Statement of Activities As of 7/31/2025

General Fund

Debt Service Fund

Capital Fund	Total

Revenues

Developer Contributions	$	94,977.15		$	94,977.15	
Other Income & Other Financing Sources	5,233.00		5,233.00	
Total Revenues	$	100,210.15		$	-	$	-	$	100,210.15	

Public Officials and Employment	$	2,875.00		$	2,875.00	
Management	29,999.97		29,999.97	
District Counsel	4,080.75		4,080.75	
Travel and Per Diem	348.73		348.73	
Postage & Shipping	28.11		28.11	
Legal Advertising	1,089.78		1,089.78	
Web Site Maintenance	2,650.00		2,650.00	
Dues, Licenses, and Fees	175.00		175.00	
General Insurance	7,563.00		7,563.00	
Total Expenses	$	48,810.34		$	-	$	-	$	48,810.34	

er Revenues (Expenses) & Gains (Losses)
Interest Income	

$	36.25		

$	36.25	
Total Other Revenues (Expenses) & Gains (Losses)	$	36.25		$	-	$	-	$	36.25	
Change In Net Assets	$	51,436.06		$	-	$	-	$	51,436.06	
Net Assets At Beginning Of Year	$	(56,089.67)		$	-	$	-	$	(56,089.67)	

Net Assets At End Of Year	
$	(4,653.61)		
$	-	$	-	$	(4,653.61)	

Expenses

Oth

Budget to Actual
For the Month Ending 7/31/2025

FY 2025	Percentage YTD Actual	YTD Budget	YTD Variance	Adopted		Spent
Budget

Revenues

Developer Contributions	$	94,977.15		$	106,229.20		$	(11,252.05)		$  127,475.00		74.51%	
Other Income & Other Financing Sources	5,233.00		-		5,233.00		-		0.00%	
Net Revenues	$	100,210.15		$	106,229.20		$	(6,019.05)		$  127,475.00		78.61%	

General & Administrative Expenses

Supervisor Fees	$	-		$	1,000.00		$	(1,000.00)		$	1,200.00		0.00%	
Public Officials and Employment	2,875.00		2,395.80		479.20		2,875.00		100.00%	
Trustee Services	-		5,000.00		(5,000.00)		6,000.00		0.00%	
Management	29,999.97		33,333.30		(3,333.33)		40,000.00		75.00%	
Engineering	-		12,500.00		(12,500.00)		15,000.00		0.00%	
Dissemination Agent	-		833.30		(833.30)		1,000.00		0.00%	
District Counsel	4,080.75		16,666.70		(12,585.95)		20,000.00		20.40%	
Audit	-		5,000.00		(5,000.00)		6,000.00		0.00%	
Travel and Per Diem	348.73		1,000.00		(651.27)		1,200.00		29.06%	
Postage & Shipping	28.11		250.00		(221.89)		300.00		9.37%	
Legal Advertising	1,089.78		4,166.70		(3,076.92)		5,000.00		21.80%	
Web Site Maintenance	2,650.00		2,850.00		(200.00)		3,420.00		77.49%	
Dues, Licenses, and Fees	175.00		166.70		8.30		200.00		87.50%	
General Insurance	7,563.00		8,566.70		(1,003.70)		10,280.00		73.57%	
Contingency	-		12,500.00		(12,500.00)		15,000.00		0.00%	
Total General & Administrative Expenses	$	48,810.34		$	106,229.20		$	(57,418.86)		$  127,475.00		38.29%	
Total Expenses	 $	48,810.34 		 $	106,229.20 		 $	(57,418.86)		 $  127,475.00 			38.29%	
Income (Loss) from Operations	$	51,399.81		$	-		$	51,399.81		$	-			

Other Income (Expense)

Interest Income	$	36.25		$	-	$	36.25		$	-	
Total Other Income (Expense)	$	36.25		 
$	-	$	36.25		$	-	
Net Income (Loss)	$	51,436.06		 
$	-	$	51,436.06		$	-