Cross Creek CDD
September 2025 Financial Package

September 30, 2025

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

Statement of Financial Position As of 9/30/2025

General Fund	Debt Service
Fund	

Assets		

$86,029.28		
27,881.03		
	$16,195.49	
	9,530.85	
	241,282.70	
	14,802.80	
	15,650.68	
	7.21	
	1,000.18	
	15.40	
$113,910.31	$298,485.31	

Long Term Debt		Total	

$0.00		

$86,029.28 27,881.03
16,195.49
9,530.85
241,282.70
14,802.80
15,650.68
7.21
1,000.18
15.40
$412,395.62	

$298,485.31 86,514.69
$385,000.00		
$298,485.31 86,514.69
$385,000.00	
$385,000.00		$797,395.62	

$0.00		

$32,995.72
$32,995.72	

$385,000.00
$385,000.00		
$385,000.00
$385,000.00	
$385,000.00		$417,995.72	

$0.00		

($7,306.40) 66,738.30
21,482.69
(1,185,850.00)
4,792,089.14
9,654.17
(3,317,408.00)
(1,905,948.00)
1,905,948.00
$379,399.90	
			
$385,000.00		$797,395.62	

Capital Projects
Fund

Current Assets
General Checking Account 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
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

$113,910.31	$298,485.31

Liabilities and Net Assets

$32,995.72

$32,995.72	$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00		$0.00	
$32,995.72		$0.00	

($7,306.40) 66,738.30
21,482.69		

($1,185,850.00) 4,792,089.14
9,654.17
(3,317,408.00)	
$80,914.59		$298,485.31	
			
$113,910.31		$298,485.31	

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

$0.00

$0.00

Revenues

Statement of Activities As of 9/30/2025

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

On-Roll Assessments	$534,800.57								$534,800.57	
On-Roll Assessments			$46,459.05						46,459.05	
Total Revenues	$534,800.57		$46,459.05		$0.00		$0.00		$581,259.62	

Expenses

Public Officials' Insurance	$4,053.00								$4,053.00	
Trustee Services	5,387.51								5,387.51	
District Management	33,000.00								33,000.00	
Engineering	500.00								500.00	
Annual Disclosure	1,000.00								1,000.00	
District Counsel	15,023.57								15,023.57	
Assessment Administration	5,000.00								5,000.00	
Audit	4,085.00								4,085.00	
Postage & Shipping	47.27								47.27	
Legal Advertising	311.05								311.05	
Office Supplies	150.00								150.00	
Web Site Maintenance	960.00								960.00	
Dues, Licenses, and Fees	175.00								175.00	
Electric	28,493.40								28,493.40	
Water	11,915.72								11,915.72	
Pool Maintenance	39,752.57								39,752.57	
Amenity - Camera/Monitoring (Envera)	9,087.14								9,087.14	
Amenity - Janitorial	7,200.00								7,200.00	
General Liability Insurance	4,237.00								4,237.00	
Property & Casualty	11,000.00								11,000.00	
Lake Maintenance	14,970.00								14,970.00	
Landscaping Maintenance & Material	158,167.00								158,167.00	
Landscape Improvements	20,000.00								20,000.00	
Major Repair & Replacements	146,805.40								146,805.40	
Pest Control	1,136.55								1,136.55	
Principal Payment			$25,000.00						25,000.00	
Interest Payments			22,960.00						22,960.00	
Total Expenses	$522,457.18		$47,960.00		$0.00		$0.00		$570,417.18	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$9,139.30								$9,139.30	
Interest Income			$11,187.50						11,187.50	
Net Increase (Decrease) in FV of Inv			(32.38)						(32.38)	
Total Other Revenues (Expenses) & Gains (Losses)	$9,139.30		$11,155.12		$0.00		$0.00		$20,294.42	
Change In Net Assets	$21,482.69		$9,654.17		$0.00		$0.00		$31,136.86	

Net Assets At Beginning Of Year	$59,431.90		$288,831.14		$0.00		$0.00		$348,263.04	

Net Assets At End Of Year	

$80,914.59		

$298,485.31		

$0.00		

$0.00		

$379,399.90	

Cross Creek CDD
Budget to Actual
For the Month Ending 9/30/2025

Revenues

Year To Date

Actual	Budget	Variance

FY 2025
Adopted Budget

Percentage Spent

On-Roll Assessments	$	534,800.57		$ 534,245.00		$	555.57		$ 534,245.00		100.10%	
Carry Forward	-		20,324.00		(20,324.00)		20,324.00		0.00%	
Net Revenues	$	534,800.57		$ 554,569.00		$ (19,768.43)		$ 554,569.00		96.44%	

General & Administrative Expenses
Public Officials' Insurance	$	4,053.00		$	4,230.00		$	(177.00)		$	4,230.00		95.82%	
Trustee Services	5,387.51		6,000.00		(612.49)		6,000.00		89.79%	
District Management	33,000.00		33,000.00		-		33,000.00		100.00%	
Engineering	500.00		500.00		-		500.00		100.00%	
Annual Disclosure	1,000.00		1,000.00		-		1,000.00		100.00%	
Property Appraiser	-		500.00		(500.00)		500.00		0.00%	
District Counsel	15,023.57		16,000.00		(976.43)		16,000.00		93.90%	
Assessment Administration	5,000.00		5,000.00		-		5,000.00		100.00%	
Reamortization Schedule	-		500.00		(500.00)		500.00		0.00%	
Audit	4,085.00		4,085.00		-		4,085.00		100.00%	
Arbitrage Calculation	-		500.00		(500.00)		500.00		0.00%	
Postage & Shipping	47.27		100.00		(52.73)		100.00		47.27%	
Copies	-		25.00		(25.00)		25.00		0.00%	
Legal Advertising	311.05		450.00		(138.95)		450.00		69.12%	
Office Supplies	150.00		150.00		-		150.00		100.00%	
Web Site Maintenance	960.00		960.00		-		960.00		100.00%	
Dues, Licenses, and Fees	175.00		175.00		-		175.00		100.00%	
Total General & Administrative Expenses	$	69,692.40		$  73,175.00		$	(3,482.60)		$  73,175.00		95.24%	
Field Expenses

Electric	$	28,493.40		$  40,000.00		$ (11,506.60)		$  40,000.00		71.23%	
Water	11,915.72		15,000.00		(3,084.28)		15,000.00		79.44%	
Pool Maintenance	39,752.57		40,000.00		(247.43)		40,000.00		99.38%	
Amenity - Camera/Monitoring (Envera)	9,087.14		9,000.00		87.14		9,000.00		100.97%	
Amenity - Janitorial	7,200.00		7,200.00		-		7,200.00		100.00%	
General Liability Insurance	4,237.00		4,500.00		(263.00)		4,500.00		94.16%	
Property & Casualty	11,000.00		11,000.00		-		11,000.00		100.00%	
Lake Maintenance	14,970.00		15,000.00		(30.00)		15,000.00		99.80%	
Landscaping Maintenance & Material	158,167.00		157,020.00		1,147.00		157,020.00		100.73%	
Landscape Improvements	20,000.00		20,000.00		-		20,000.00		100.00%	
Major Repair & Replacements	146,805.40		161,114.00		(14,308.60)		161,114.00		91.12%	
Pest Control	1,136.55		1,560.00		(423.45)		1,560.00		72.86%	
Total Field Expenses	$	452,764.78		$ 481,394.00		$ (28,629.22)		$ 481,394.00		94.05%	
Total Expenses	 $	522,457.18 		 $ 554,569.00 		 $ (32,111.82)		 $ 554,569.00 			94.21%	
Income (Loss) from Operations	$	12,343.39		$	-		$  12,343.39		$	-			

Other Income (Expense)

Interest Income	$	9,139.30		$	-	$	9,139.30		$	-	
Total Other Income (Expense)	$	9,139.30		 
$	-	$	9,139.30		$	-	
Net Income (Loss)	$	21,482.69		 
$	-	$  21,482.69		$	-