Cross Creek CDD
April 2026 Financial Package

April 30, 2026

PFM Management Services LLC
3501 Quadrangle Blvd Suite 270
Orlando, FL 32817
407-723-5900

Statement of Financial Position As of 4/30/2026

General Fund	Debt Service
Fund	

Assets		

$306,561.58		
1,727.31		
14,193.52		
	$16,532.06	
	9,525.69	
	246,228.20	
	20,440.23	
	16,092.13	
	8,826.41	
	1,000.18	
	20,015.72	
$322,482.41	$338,660.62	

Capital Projects
Fund

Current Assets
General Checking Account Assessments Receivable Prepaid Expenses
Debt Service Reserve 2007A Bond Debt Service Reserve 2007B Bond Debt Service Reserve 2016AB Bond Revenue 2007AB Bond
Revenue 2016AB Bond Interest 2016AB Bond Prepayment 2016A Bond Sinking Fund 2016A Bond
Total Current Assets

		 
$0.00

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

Current Liabilities Accounts Payable Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government
Fund Balance - Unreserved Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government Net Assets, Unrestricted
Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets

	
$0.00	$0.00

$322,482.41	$338,660.62

Liabilities and Net Assets

$3,081.06		$0.00	
$0.00		$0.00	
$3,081.06		$0.00	

($7,306.40) 85,092.12
241,615.63		

($1,185,850.00) 4,803,099.72
38,818.90
(3,317,408.00)	
$319,401.35

$322,482.41		$338,660.62

$338,660.62	

$1,353.75 1,727.31

	

$0.00

$0.00

$0.00

$0.00

$0.00

($1,905,948.00) 1,905,948.00

$0.00

$0.00

Long Term Debt		Total	

$0.00		

$306,561.58
1,727.31
14,193.52
16,532.06
9,525.69
246,228.20
20,440.23
16,092.13
8,826.41
1,000.18
20,015.72
$661,143.03	

$338,660.62 46,339.38
$385,000.00		
$338,660.62 46,339.38
$385,000.00	
$385,000.00		$1,046,143.03	

$0.00		

$1,353.75 1,727.31
$3,081.06	

$385,000.00
$385,000.00		
$385,000.00
$385,000.00	
$385,000.00		$388,081.06	

$0.00		

($7,306.40) 85,092.12
241,615.63
(1,185,850.00)
4,803,099.72
38,818.90
(3,317,408.00)
(1,905,948.00)
1,905,948.00
$658,061.97	
			
$385,000.00		$1,046,143.03	

Revenues

Statement of Activities As of 4/30/2026

General Fund	Debt Service	Capital Projects	Long Term Debt	Total	
	Fund	Fund			

On-Roll Assessments	$532,517.89								$532,517.89	
On-Roll Assessments			$44,161.43						44,161.43	
Total Revenues	$532,517.89		$44,161.43		$0.00		$0.00		$576,679.32	

Expenses

Public Officials' Insurance	$4,245.00								$4,245.00	
Trustee Services	5,387.50								5,387.50	
District Management	21,175.00								21,175.00	
Engineering	4,200.17								4,200.17	
Annual Disclosure	1,000.00								1,000.00	
District Counsel	11,906.00								11,906.00	
Assessment Administration	5,000.00								5,000.00	
Tax Document Preparation Fee	39.12								39.12	
Postage & Shipping	48.71								48.71	
Legal Advertising	742.70								742.70	
Web Site Maintenance	1,895.00								1,895.00	
Dues, Licenses, and Fees	175.00								175.00	
Electric	15,739.42								15,739.42	
Solar Power	16,096.50								16,096.50	
Water	3,189.29								3,189.29	
Pool Maintenance	25,667.16								25,667.16	
Amenity - Camera/Monitoring (Envera)	5,710.56								5,710.56	
Amenity - Janitorial	4,200.00								4,200.00	
General Liability Insurance	4,491.00								4,491.00	
Property & Casualty	16,049.00								16,049.00	
Crime Insurance	500.00								500.00	
Lake Maintenance	12,554.00								12,554.00	
Landscaping Maintenance & Material	98,310.18								98,310.18	
Landscape Improvements	8,775.00								8,775.00	
Major Repair & Replacements	25,923.97								25,923.97	
Pest Control	3,137.77								3,137.77	
Interest Payments			$10,780.00						10,780.00	
Total Expenses	$296,158.05		$10,780.00		$0.00		$0.00		$306,938.05	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$5,255.79								$5,255.79	
Interest Income			$5,443.72						5,443.72	
Net Increase (Decrease) in FV of Inv			(6.25)						(6.25)	
Total Other Revenues (Expenses) & Gains (Losses)	$5,255.79		$5,437.47		$0.00		$0.00		$10,693.26	
Change In Net Assets	$241,615.63		$38,818.90		$0.00		$0.00		$280,434.53	

Net Assets At Beginning Of Year	$77,785.72		$299,841.72		$0.00		$0.00		$377,627.44	

Net Assets At End Of Year	

$319,401.35		

$338,660.62		

$0.00		

$0.00		

$658,061.97	

Cross Creek CDD
Budget to Actual
For the Month Ending 4/30/2026

Revenues

Year To Date

Actual	Budget	Variance

FY 2026
Adopted Budget

Percentage Spent

On-Roll Assessments	$	532,517.89		$ 311,642.92		$  220,874.97		$ 534,245.00		99.68%	
Carry Forward	-		11,855.67		(11,855.67)		20,324.00		0.00%	
Net Revenues	$	532,517.89		$ 323,498.58		$  209,019.31		$ 554,569.00		96.02%	

General & Administrative Expenses
Public Officials' Insurance	$	4,245.00		$	2,101.75		$	2,143.25		$	3,603.00		117.82%	
Trustee Services	5,387.50		3,500.00		1,887.50		6,000.00		89.79%	
District Management	21,175.00		21,175.00		-		36,300.00		58.33%	
Engineering	4,200.17		4,083.33		116.84		7,000.00		60.00%	
Engineering Reserve	-		1,750.00		(1,750.00)		3,000.00		0.00%	
Annual Disclosure	1,000.00		583.33		416.67		1,000.00		100.00%	
Property Appraiser	-		291.67		(291.67)		500.00		0.00%	
District Counsel	11,906.00		9,333.33		2,572.67		16,000.00		74.41%	
Assessment Administration	5,000.00		2,916.67		2,083.33		5,000.00		100.00%	
Reamortization Schedule	-		291.67		(291.67)		500.00		0.00%	
Audit	-		2,382.92		(2,382.92)		4,085.00		0.00%	
Arbitrage Calculation	-		291.67		(291.67)		500.00		0.00%	
Tax Document Preparation Fee	39.12		23.33		15.79		40.00		97.80%	
Postage & Shipping	48.71		58.33		(9.62)		100.00		48.71%	
Legal Advertising	742.70		291.67		451.03		500.00		148.54%	
Office Supplies	-		87.50		(87.50)		150.00		0.00%	
Web Site Maintenance	1,895.00		2,870.00		(975.00)		4,920.00		38.52%	
Dues, Licenses, and Fees	175.00		102.08		72.92		175.00		100.00%	
Total General & Administrative Expenses	$	55,814.20		$  52,134.25		$	3,679.95		$  89,373.00		62.45%	
Field Expenses

Electric	$	15,739.42		$  14,583.33		$	1,156.09		$  25,000.00		62.96%	
Solar Power	16,096.50		8,750.00		7,346.50		$  15,000.00		107.31%	
Water	3,189.29		7,583.33		(4,394.04)		13,000.00		24.53%	
Pool Maintenance	25,667.16		23,333.33		2,333.83		40,000.00		64.17%	
Amenity - Camera/Monitoring (Envera)	5,710.56		7,000.00		(1,289.44)		12,000.00		47.59%	
Amenity - Janitorial	4,200.00		7,000.00		(2,800.00)		12,000.00		35.00%	
General Liability Insurance	4,491.00		2,780.75		1,710.25		4,767.00		94.21%	
Property & Casualty	16,049.00		9,873.50		6,175.50		16,926.00		94.82%	
Crime Insurance	500.00		291.67		208.33		500.00		100.00%	
Lake Maintenance	12,554.00		8,750.00		3,804.00		15,000.00		83.69%	
Landscaping Maintenance & Material	98,310.18		100,884.88		(2,574.70)		172,945.50		56.84%	
Landscape Improvements	8,775.00		1,750.00		7,025.00		3,000.00		292.50%	
Repair & Maintenance	-		2,916.67		(2,916.67)		5,000.00		0.00%	
Major Repair & Replacements	25,923.97		74,956.88		(49,032.91)		128,497.50		20.17%	
Pest Control	3,137.77		910.00		2,227.77		1,560.00		201.14%	
Total Field Expenses	$	240,343.85		$ 271,364.33		$  (31,020.48)		$ 465,196.00		51.67%	
Total Expenses	 $	296,158.05 		 $ 323,498.58 		 $  (27,340.53)		 $ 554,569.00 			53.40%	
Income (Loss) from Operations	$	236,359.84		$	-		$  236,359.84		$	-			

Other Income (Expense)

Interest Income	$	5,255.79		$	-	$	5,255.79		$	-	
Total Other Income (Expense)	$	5,255.79		 
$	-	$	5,255.79		$	-	
Net Income (Loss)	$	241,615.63		 
$	-	$  241,615.63		$	-