Cross Creek CDD
January 2026 Financial Package

January 31, 2026

PFM Group Consulting LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Statement of Financial Position As of 1/31/2026

General Fund	Debt Service	
	Fund	

Assets		

$435,425.68		
27,609.56		
1,346.87		
	$2,668.90	
	16,398.79	
	9,528.28	
	244,313.69	
	19,757.81	
	42,175.83	
	6.35	
	1,000.18	
	15.60	
$464,382.11	$335,865.43	

Long Term Debt		Total	

$0.00		

$435,425.68 27,609.56
1,346.87
2,668.90
16,398.79
9,528.28
244,313.69
19,757.81
42,175.83
6.35
1,000.18
15.60
$800,247.54	

$333,196.53 51,803.47
$385,000.00		
$333,196.53 51,803.47
$385,000.00	
$385,000.00		$1,185,247.54	

$0.00		

$38,498.32 27,609.56
2,668.90
$68,776.78	

$385,000.00
$385,000.00		
$385,000.00
$385,000.00	
$385,000.00		$453,776.78	

Capital Projects
Fund

Current Assets
General Checking Account Assessments Receivable Prepaid Expenses Assessments Receivable
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

	
$0.00	$0.00

$464,382.11	$335,865.43

Liabilities and Net Assets

$0.00

$0.00

Current Liabilities Accounts Payable Deferred Revenue Deferred Revenue

$38,498.32 27,609.56

$2,668.90

Total Current Liabilities

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

Total Liabilities

	
$66,107.88	$2,668.90

	
$0.00	$0.00

$66,107.88	$2,668.90

 
$0.00

$0.00

$0.00

		

Statement of Financial Position As of 1/31/2026

General Fund		Debt Service
Fund		Capital Projects
Fund		Long Term Debt		Total	
($7,306.40) 85,092.12
320,488.51

$398,274.23		

($1,185,850.00) 4,803,099.72
33,354.81
(3,317,408.00)

$333,196.53		

($1,905,948.00) 1,905,948.00
$0.00		

$0.00		($7,306.40) 85,092.12
320,488.51
(1,185,850.00)
4,803,099.72
33,354.81
(3,317,408.00)
(1,905,948.00)
1,905,948.00
$731,470.76	
									
$464,382.11		$335,865.43		$0.00		$385,000.00		$1,185,247.54	

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

Revenues

Statement of Activities As of 1/31/2026

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

On-Roll Assessments	$506,635.64								$506,635.64	
On-Roll Assessments			$41,372.50						41,372.50	
Total Revenues	$506,635.64		$41,372.50		$0.00		$0.00		$548,008.14	

Expenses

Public Officials' Insurance	$4,245.00								$4,245.00	
Trustee Services	5,387.50								5,387.50	
District Management	12,100.00								12,100.00	
Annual Disclosure	1,000.00								1,000.00	
District Counsel	5,597.50								5,597.50	
Assessment Administration	5,000.00								5,000.00	
Postage & Shipping	13.80								13.80	
Legal Advertising	629.21								629.21	
Web Site Maintenance	1,040.00								1,040.00	
Dues, Licenses, and Fees	175.00								175.00	
Electric	8,219.85								8,219.85	
Solar Power	12,646.50								12,646.50	
Water	1,943.87								1,943.87	
Pool Maintenance	19,417.16								19,417.16	
Amenity - Camera/Monitoring (Envera)	3,561.27								3,561.27	
Amenity - Janitorial	600.00								600.00	
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	9,310.00								9,310.00	
Landscaping Maintenance & Material	65,037.18								65,037.18	
Major Repair & Replacements	11,243.85								11,243.85	
Pest Control	491.86								491.86	
Interest Payments			$10,780.00						10,780.00	
Total Expenses	$188,699.55		$10,780.00		$0.00		$0.00		$199,479.55	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$2,552.42								$2,552.42	
Interest Income			$2,766.41						2,766.41	
Net Increase (Decrease) in FV of Inv			(4.10)						(4.10)	
Total Other Revenues (Expenses) & Gains (Losses)	$2,552.42		$2,762.31		$0.00		$0.00		$5,314.73	
Change In Net Assets	$320,488.51		$33,354.81		$0.00		$0.00		$353,843.32	

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	

$398,274.23		

$333,196.53		

$0.00		

$0.00		

$731,470.76	

Cross Creek CDD
Budget to Actual
For the Month Ending 1/31/2026

Revenues

Year To Date

Actual	Budget	Variance

FY 2026
Adopted Budget

Percentage Spent

On-Roll Assessments	$	506,635.64		$ 178,081.67		$  328,553.97		$ 534,245.00		94.83%	
Carry Forward	-		6,774.67		(6,774.67)		20,324.00		0.00%	
Net Revenues	$	506,635.64		$ 184,856.33		$  321,779.31		$ 554,569.00		91.36%	

General & Administrative Expenses
Public Officials' Insurance	$	4,245.00		$	1,201.00		$	3,044.00		$	3,603.00		117.82%	
Trustee Services	5,387.50		2,000.00		3,387.50		6,000.00		89.79%	
District Management	12,100.00		12,100.00		-		36,300.00		33.33%	
Engineering	-		2,333.33		(2,333.33)		7,000.00		0.00%	
Engineering Reserve	-		1,000.00		(1,000.00)		3,000.00		0.00%	
Annual Disclosure	1,000.00		333.33		666.67		1,000.00		100.00%	
Property Appraiser	-		166.67		(166.67)		500.00		0.00%	
District Counsel	5,597.50		5,333.33		264.17		16,000.00		34.98%	
Assessment Administration	5,000.00		1,666.67		3,333.33		5,000.00		100.00%	
Reamortization Schedule	-		166.67		(166.67)		500.00		0.00%	
Audit	-		1,361.67		(1,361.67)		4,085.00		0.00%	
Arbitrage Calculation	-		166.67		(166.67)		500.00		0.00%	
Tax Document Preparation Fee	-		13.33		(13.33)		40.00		0.00%	
Postage & Shipping	13.80		33.33		(19.53)		100.00		13.80%	
Legal Advertising	629.21		166.67		462.54		500.00		125.84%	
Office Supplies	-		50.00		(50.00)		150.00		0.00%	
Web Site Maintenance	1,040.00		1,640.00		(600.00)		4,920.00		21.14%	
Dues, Licenses, and Fees	175.00		58.33		116.67		175.00		100.00%	
Total General & Administrative Expenses	$	35,188.01		$  29,791.00		$	5,397.01		$  89,373.00		39.37%	
Field Expenses

Electric	$	8,219.85		$	8,333.33		$	(113.48)		$  25,000.00		32.88%	
Solar Power	12,646.50		5,000.00		7,646.50		$  15,000.00		84.31%	
Water	1,943.87		4,333.33		(2,389.46)		13,000.00		14.95%	
Pool Maintenance	19,417.16		13,333.33		6,083.83		40,000.00		48.54%	
Amenity - Camera/Monitoring (Envera)	3,561.27		4,000.00		(438.73)		12,000.00		29.68%	
Amenity - Janitorial	600.00		4,000.00		(3,400.00)		12,000.00		5.00%	
General Liability Insurance	4,491.00		1,589.00		2,902.00		4,767.00		94.21%	
Property & Casualty	16,049.00		5,642.00		10,407.00		16,926.00		94.82%	
Crime Insurance	500.00		166.67		333.33		500.00		100.00%	
Lake Maintenance	9,310.00		5,000.00		4,310.00		15,000.00		62.07%	
Landscaping Maintenance & Material	65,037.18		57,648.50		7,388.68		172,945.50		37.61%	
Landscape Improvements	-		1,000.00		(1,000.00)		3,000.00		0.00%	
Repair & Maintenance	-		1,666.67		(1,666.67)		5,000.00		0.00%	
Major Repair & Replacements	11,243.85		42,832.50		(31,588.65)		128,497.50		8.75%	
Pest Control	491.86		520.00		(28.14)		1,560.00		31.53%	
Total Field Expenses	$	153,511.54		$ 155,065.33		$	(1,553.79)		$ 465,196.00		33.00%	
Total Expenses	 $	188,699.55 		 $ 184,856.33 		 $	3,843.22 		 $ 554,569.00 			34.03%	
Income (Loss) from Operations	$	317,936.09		$	-		$  317,936.09		$	-			

Other Income (Expense)

Interest Income	$	2,552.42		$	-	$	2,552.42		$	-	
Total Other Income (Expense)	$	2,552.42		 
$	-	$	2,552.42		$	-	
Net Income (Loss)	$	320,488.51		 
$	-	$  320,488.51		$	-