Cape Coral Town Center CDD
(Formerly CC CDD)
March 2026 Financial Report

March 31, 2026

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

Statement of Financial Position As of 3/31/2026

General Fund

Assets	
Current Assets	
General Checking Account	$935.38	
Accounts Receivable - Due from Developer	7,356.52	
Total Current Assets	$8,291.90	
Total Assets	$8,291.90	

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$7,117.92	
Deferred Revenue	7,356.52	
Total Current Liabilities	$14,474.44	
Total Liabilities	$14,474.44	

Net Assets		
Net Assets - General Government	($316.32)	
Current Year Net Assets - General Government	(5,866.22)	
Total Net Assets	($6,182.54)	
		
Total Liabilities and Net Assets	$8,291.90	

Statement of Activities As of 3/31/2026

General Fund

Revenues	
Developer Contributions	$28,617.43	
Total Revenues	$28,617.43	

Expenses

Public Officials and Employment	$3,048.00	
Management	19,999.98	
District Counsel	1,050.00	
Tax Preparation	12.63	
Postage & Shipping	4.48	
Legal Advertising	304.23	
Web Site Maintenance	1,410.00	
Dues, Licenses, and Fees	175.00	
General Insurance	8,517.00	
Total Expenses	$34,521.32	

Other Revenues (Expenses) & Gains (Losses)
Interest Income	$37.67

Total Other Revenues (Expenses) & Gains (Losses)	$37.67

Change In Net Assets	($5,866.22)

Net Assets At Beginning Of Year	($316.32)

Net Assets At End Of Year	($6,182.54)

Cape Coral Town Center (formerly CC CDD)
Budget to Actual
For the Month Ending 03/31/2026

YTD Actual		YTD Budget	YTD Variance	FY 2026 Adopted Budget		Percentage Spent	

Revenues														
Developer Contributions	$	28,617.43		$	63,737.50	$	(35,120.07)	$	127,475.00		22.45%	
Net Revenues	$	28,617.43		$	63,737.50	
$	(35,120.07)	
$	127,475.00		22.45%	
General & Administrative Expenses														
Public Officials and Employment	$	3,048.00		$	1,725.00	$	1,323.00	$	3,450.00		88.35%	
Trustee Services		-			3,000.00	(3,000.00)	6,000.00		0.00%	
Management		19,999.98			20,000.00	(0.02)	40,000.00		50.00%	
Engineering		-			7,500.00	(7,500.00)	15,000.00		0.00%	
Disclosure		-			500.00	(500.00)	1,000.00		0.00%	
District Counsel		1,050.00			10,000.00	(8,950.00)	20,000.00		5.25%	
Audit		-			2,150.00	(2,150.00)	4,300.00		0.00%	
Tax Preparation		12.63			-	12.63				
Travel and Per Diem		-			600.00	(600.00)	1,200.00		0.00%	
Postage & Shipping		4.48			150.00	(145.52)	300.00		1.49%	
Legal Advertising		304.23			2,500.00	(2,195.77)	5,000.00		6.08%	
Web Site Maintenance		1,410.00			1,650.00	(240.00)	3,300.00		42.73%	
Dues, Licenses, and Fees		175.00			87.50	87.50	175.00		100.00%	
General Insurance		8,517.00			6,168.00	2,349.00	12,336.00		69.04%	
Contingency		-			7,707.00	(7,707.00)	15,414.00		0.00%	
Total General & Administrative Expenses	$	34,521.32		$	63,737.50	
$	(29,216.18)	
$	127,475.00		27.08%	
Total Expenses	 $		34,521.32 		 $		63,737.50 	 $	(29,216.18)	 $	127,475.00 			27.08%	
Income (Loss) from Operations	$	(5,903.89)		$	-		$	(5,903.89)		$	-			
Other Income (Expense)												
Interest Income	$	37.67		$	-	$	37.67		$	-			
Total Other Income (Expense)	$	37.67		$	-	
$	37.67		$	-			
Net Income (Loss)	$	(5,866.22)		$	-		$	(5,866.22)		$	-