Cross Creek CDD
October 2025 Financial Package

October 31st , 2025

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

Statement of Financial Position As of 10/31/2025

General Fund	Debt Service	
	Fund	
Assets		

$44,272.99		
545,741.47		
	$45,489.21	
	221.71	
	4.12	
	16,249.41	
	9,531.63	
	242,045.24	
	14,883.03	
	6,883.30	
	8,827.23	
	1,000.18	
	15.45	
$590,014.46	$345,150.51	

Long Term Debt		Total	

$0.00		

$44,272.99 545,741.47
45,489.21
221.71
4.12
16,249.41
9,531.63
242,045.24
14,883.03
6,883.30
8,827.23
1,000.18
15.45
$935,164.97	

$299,435.47 85,564.53
$385,000.00		
$299,435.47 85,564.53
$385,000.00	
$385,000.00		$1,320,164.97	

$0.00		

$30,924.21
221.71
534,245.20
44,041.40
$609,432.52	

$385,000.00
$385,000.00		
$385,000.00
$385,000.00	
$385,000.00		$994,432.52	

Capital Projects
Fund

Current Assets
General Checking Account Assessments Receivable Assessments Receivable Due From Other Funds Interest 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

Current Liabilities

	
$0.00	$0.00

$590,014.46	$345,150.51

Liabilities and Net Assets

$0.00

$0.00

Accounts Payable	$30,924.21				
Due To Other Funds	221.71				
Deferred Revenue	534,245.20				
Deferred Revenue			$44,041.40		
Total Current Liabilities	$565,391.12		$44,041.40		$0.00	

	 

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

Total Liabilities

	
$0.00	$0.00

$565,391.12	$44,041.40

$0.00

$0.00

		

Statement of Financial Position As of 10/31/2025

General Fund		Debt Service
Fund		Capital Projects
Fund		Long Term Debt		Total	
($7,306.40) 14,119.05
66,738.30
(48,927.61)

$24,623.34		

($1,185,850.00) 4,792,089.14
12,277.97
(3,317,408.00)

$301,109.11		

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

$0.00		($7,306.40) 14,119.05
66,738.30
(48,927.61)
(1,185,850.00)
4,792,089.14
12,277.97
(3,317,408.00)
(1,905,948.00)
1,905,948.00
$325,732.45	
									
$590,014.46		$345,150.51		$0.00		$385,000.00		$1,320,164.97	

Net Assets
Net Assets, Unrestricted
Current Year 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

Statement of Activities For the period of 10/31/2025

Revenues

Total Revenues

Expenses

General Fund

$0.00

Debt Service
Fund

$0.00

Capital Projects

Long Term Debt		Total	
$0.00		$0.00	

$0.00		
$4,245.00 1,346.87
3,025.00
185.00
175.00
2,363.70
620.74
9,341.54
2,128.41
600.00
4,491.00
16,049.00
500.00
3,244.00
14,107.00
242.46
$62,664.72	

$0.00

$0.00

$0.00

$0.00		
$185.22
3.79
$189.01 ($22,530.59)
$348,263.04

$325,732.45	

Fund

$0.00

Public Officials' Insurance	$4,245.00		
Trustee Services	1,346.87					
District Management	3,025.00					
Web Site Maintenance	185.00					
Dues, Licenses, and Fees	175.00					
Electric	2,363.70					
Water	620.74					
Pool Maintenance	9,341.54					
Amenity - Camera/Monitoring (Envera)	2,128.41					
Amenity - Janitorial	600.00					
General Liability Insurance	4,491.00					
Property & Casualty	16,049.00					
Crime Insurance	500.00					
Lake Maintenance	3,244.00					
Landscaping Maintenance & Material	14,107.00					
Pest Control	242.46					
Total Expenses	$62,664.72		$0.00		$0.00	

		

Other Revenues (Expenses) & Gains (Losses)

Interest Income
Net Increase (Decrease) in FV of Inv	$185.22		
$3.79		
Total Other Revenues (Expenses) & Gains (Losses)	$185.22		$3.79		$0.00	
Change In Net Assets	($34,808.56)		$12,277.97		$0.00	

Net Assets At Beginning Of Period	
$59,431.90		
$288,831.14		
$0.00	

Net Assets At End Of Period	
$24,623.34		
$301,109.11		
$0.00	

Cross Creek CDD
Budget to Actual
For the Month Ending 10/31/2025

Year To Date

Actual			
Budget		
Variance		FY 2026
Adopted Budget		Percentage Spent	
Revenues												
On-Roll Assessments	$	-		$	44,520.42		$ (44,520.42)		$ 534,245.00		0.00%	
Carry Forward		-			1,693.67		(1,693.67)		20,324.00		0.00%	
Net Revenues	$	-		$	46,214.08		$ (46,214.08)		$ 554,569.00		0.00%	
General & Administrative Expenses												
Public Officials' Insurance	$	4,245.00		$	300.25		$	3,944.75		$	3,603.00		117.82%	
Trustee Services		1,346.87			500.00		846.87		6,000.00		22.45%	
District Management		3,025.00			3,025.00		-		36,300.00		8.33%	
Engineering		-			583.33		(583.33)		7,000.00		0.00%	
Engineering Reserve		-			250.00		(250.00)		3,000.00		0.00%	
Annual Disclosure		-			83.33		(83.33)		1,000.00		0.00%	
Property Appraiser		-			41.67		(41.67)		500.00		0.00%	
District Counsel		-			1,333.33		(1,333.33)		16,000.00		0.00%	
Assessment Administration		-			416.67		(416.67)		5,000.00		0.00%	
Reamortization Schedule		-			41.67		(41.67)		500.00		0.00%	
Audit		-			340.42		(340.42)		4,085.00		0.00%	
Arbitrage Calculation		-			41.67		(41.67)		500.00		0.00%	
Tax Document Preparation Fee		-			3.33		(3.33)		40.00		0.00%	
Postage & Shipping		-			8.33		(8.33)		100.00		0.00%	
Legal Advertising		-			41.67		(41.67)		500.00		0.00%	
Office Supplies		-			12.50		(12.50)		150.00		0.00%	
Web Site Maintenance		185.00			410.00		(225.00)		4,920.00		3.76%	
Dues, Licenses, and Fees		175.00			14.58		160.42		175.00		100.00%	
Total General & Administrative Expenses	$	8,976.87		$	7,447.75		$	1,529.12		$  89,373.00		10.04%	
Field Expenses												
Electric	$	2,363.70		$	2,083.33		$	280.37		$  25,000.00		9.45%	
Solar Power		-		$	1,250.00		$  (1,250.00)		$  15,000.00		0.00%	
Water		620.74		$	1,083.33		(462.59)		13,000.00		4.77%	
Pool Maintenance		9,341.54		$	3,333.33		6,008.21		40,000.00		23.35%	
Amenity - Camera/Monitoring (Envera)		2,128.41		$	1,000.00		1,128.41		12,000.00		17.74%	
Amenity - Janitorial		600.00		$	1,000.00		(400.00)		12,000.00		5.00%	
General Liability Insurance		4,491.00		$	397.25		4,093.75		4,767.00		94.21%	
Property & Casualty		16,049.00		$	1,410.50		14,638.50		16,926.00		94.82%	
Crime Insurance		500.00		$	41.67		458.33		500.00		100.00%	
Lake Maintenance		3,244.00		$	1,250.00		1,994.00		15,000.00		21.63%	
Landscaping Maintenance & Material		14,107.00		$	14,412.13		(305.13)		172,945.50		8.16%	
Landscape Improvements		-		$	250.00		(250.00)		3,000.00		0.00%	
Repair & Maintenance		-		$	416.67		(416.67)		5,000.00		0.00%	
Major Repair & Replacements		-		$	10,708.13		(10,708.13)		128,497.50		0.00%	
Pest Control		242.46		$	130.00		112.46		1,560.00		15.54%	
Total Field Expenses	$	53,687.85		$	38,766.33		$  14,921.52		$ 465,196.00		11.54%	
Total Expenses	 $		62,664.72 		 $ 	46,214.08 		 $  16,450.64 		 $ 554,569.00 			11.30%	
Income (Loss) from Operations	$	(62,664.72)		$	-		$ (62,664.72)		$	-			
Other Income (Expense)												
Interest Income	$	185.22		$	-		$	185.22		$	-			
Total Other Income (Expense)	$	185.22		$	-		$	185.22		$	-			
Net Income (Loss)	$	(62,479.50)		$	-		$ (62,479.50)		$	-