Silverleaf CDD
202	Financial

, 202

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

Debt Service -	Debt Service -	Debt Service -	Debt Service -	Construction	Construction	Long Term	
2019	2014A2	2018A	2025	Fund - 2019	Fund - 2025	Debt Group	

General Fund	Total

Current Assets						Assets		

General Checking Account	$10,148.60															$10,148.60	
GF Checking account	4,851.47															4,851.47	
Prepaid Expenses	4,781.38															4,781.38	
Deposits	167.00															167.00	
Special Tax Assmt. Receivable	50,050.00															50,050.00	
Revenue Account 2019A1			$147,171.39													147,171.39	
Prepayment Acct. 2019A1			3,595.90													3,595.90	
Debt Service Reserve 2019A1			79,434.37													79,434.37	
Revenue 2018A Bond						$81,483.59										81,483.59	
Prepayment 2018A1 Bond						1,184.57										1,184.57	
Debt Service Reserve 2018A1 Bond						46,550.18										46,550.18	
Prepayment 2018A2 Bond						1,225.80										1,225.80	
Revenue Account 2025								$27,569.78								27,569.78	
Interest Account 2025								55,602.22								55,602.22	
2025 Prepayment								8,416.56								8,416.56	
Total Current Assets	$69,998.45		$230,201.66		$0.00	$130,444.14		$91,588.56		$0.00		$0.00		$0.00		$522,232.81	

Investments
Amount Available in Debt Service Funds	$452,234.36	$452,234.36
Amount To Be Provided	5,949,765.64	5,949,765.64

Total Investments	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6,402,000.00	$6,402,000.00

Total Assets	$69,998.45	$230,201.66	$0.00	$130,444.14	$91,588.56	$0.00	$0.00	$6,402,000.00	$6,924,232.81

Debt Service -	Debt Service -	Debt Service -	Debt Service -	Construction	Construction	Long Term	
2019	2014A2	2018A	2025	Fund - 2019	Fund - 2025	Debt Group	

General Fund

Liabilities and Net Assets

Total

Current Liabilities
Accounts Payable	$14,382.83	$14,382.83
Deferred Revenue - Special Tax Assmt.	50,050.00	50,050.00

Total Current Liabilities	$64,432.83	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$64,432.83

Long Term Liabilities

Revenue Bonds Payable LongTerm	$6,402,000.00	$6,402,000.00

Total Long Term Liabilities	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6,402,000.00	$6,402,000.00

Total Liabilities	$64,432.83	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6,402,000.00	$6,466,432.83

Net Assets

Net Assets, Unrestricted	($4,139.20)																($4,139.20)	
Current Year Net Assets, Unrestricted	151,322.56																151,322.56	
Net Assets - General Government	(85,755.13)																(85,755.13)	
Current Year Net Assets - General Govt	(55,862.61)																(55,862.61)	
Net Assets, Unrestricted			$467,509.03														467,509.03	
Current Year Net Assets, Unrestricted			(237,307.37)														(237,307.37)	
Net Assets, Unrestricted							$143,376.65				$50,000.00						193,376.65	
Current Year Net Assets, Unrestricted							(12,932.51)				(50,000.00)						(62,932.51)	
Current Year Net Assets, Unrestricted									91,588.56								91,588.56	
Total Net Assets	$5,565.62		$230,201.66		$0.00		$130,444.14		$91,588.56		$0.00		$0.00		$0.00		$457,799.98	
																		
Total Liabilities and Net Assets	$69,998.45		$230,201.66		$0.00		$130,444.14		$91,588.56		$0.00		$0.00		$6,402,000.00		$6,924,232.81	

General Fund	Debt Service -	Debt Service -	Debt Service -	Debt Service -	Construction	Construction	Long Term	
2019

Revenues	2014A2	2018A	2025	Fund - 2019	Fund - 2025	Debt	

Total

On-Roll Assessments	$152,409.95																$152,409.95	
Special Tax Assessment	151,322.56																151,322.56	
On-Roll Assessments			$358,836.54														358,836.54	
Inter-Fund Group Transfers In			(130,359.63)														(130,359.63)	
Inter-Fund Group Transfers In					$59,279.37												59,279.37	
On-Roll Assessments							$176,026.37										176,026.37	
Other Assessments									$8,612.25								8,612.25	
On Roll Assessments									445.79								445.79	
Inter Funds Transfer In									82,529.44								82,529.44	
Inter-Fund Transfer													($11,449.18)				(11.449.18)	
Debt Proceeds													159,948.28				159,948.28	
Total Revenues	$303,732.51		$228,476.91		$59,279.37		$176,026.37		$91,587.48		$0.00		$148,499.10		$0.00		$1,007,601.74	

Expenses

Supervisor Fees	$10,800.00	$10,800.00	
Public Officials' Insurance	3,351.00	3,351.00	
Trustee Services	13,334.03	13,334.03	
Management	38,820.87	38,820.87	
Engineering	40,950.69	40,950.69	
Disclosure Agent	11,000.00	11,000.00	
District Counsel	14,771.29	14,771.29	
Assessment Administration	12,500.00	12,500.00	
Reamortization Schedules	250.00	250.00	
Audit	3,800.00	3,800.00	
Arbitrage Calculation	3,500.00	3,500.00	
Postage & Shipping	1,998.49	1,998.49	
Legal Advertising	3,954.11	3,954.11	
Miscellaneous	83.62	83.62	
Web Site Maintenance	2,250.00	2,250.00	
Dues, Licenses, and Fees	175.00	175.00	
Wetland Maintenance Reserve	3,327.10	3,327.10	
Wetlands Monitoring	115.89	115.89	
General Insurance	4,096.00	4,096.00	
General Repair & Maintenance	5,000.00	5,000.00	
Hardscape Maintenance	36,556.50	36,556.50	

Debt Service -	Debt Service -	Debt Service -	Debt Service -	Construction	Construction	Long Term	
2019	2014A2	2018A	2025	Fund - 2019	Fund - 2025	Debt	

General Fund	Total

Miscellaneous			$19,655.21														19,655.21	
Principal Payment - 2019A1 Bond			50,000.00														50,000.00	
Interest Payments - 2014A1 Bond			15,012.50														15,012.50	
Interest Payments - 2019A1 Bond			116,002.51														116,002.51	
Payment to Refunded Bond Escrow Agent			279,908.69														279,908.69	
Interest Payments - 2014A2 bond					$61,593.75												61,593.75	
Payment to Refunded Bond Escrow Agent					85,645.84												85,645.84	
Principal Payment - 2018A1 Bond							$40,000.00										40,000.00	
Principal Payment - 2018A2 Bond							24,000.00										24,000.00	
Interest Payment - 2018A1 Bond							117,610.00										117,610.00	
Interest Payment - 2018A2 Bond							12,685.00										12,685.00	
Bond Counsel													$74,500.00				74,500.00	
Financial Advisor													22,000.00				22,000.00	
Consulting Fees													52,000.00				52,000.00	
Total Expenses	$210,634.59		$480,578.91		$147,239.59		$194,295.00		$0.00		$0.00		$148,500.00		$0.00		$1,181,248.09	

Other Revenues {Ex11enses} & Gains {Losses}																		
Interest Income		$2,362.03																$2,362.03	
Interest Income				$14,794.63														14,794.63	
Interest Income						$1,960.03												1,960.03	
Interest Income								$5,336.12										5,336.12	
Interest Income										$1.08								1.08	
Interest Income														$0.90				0.90	
Total Other Revenues (Expenses) & Gains (Losses)		$2,362.03		$14,794.63		$1,960.03		$5,336.12		$1.08		$0.00		$0.90		$0.00		$24,454.79	
Change In Net Assets		$95,459.95		($237,307.37)		($86,000.19)		($12,932.51)		$91,588.56		$0.00		$0.00		$0.00		($149,191.56)	

Net Assets At Beginning Of Year		
($89,894.33)		
$467,509.03		
$86,000.19		
$143,376.65		
$0.00		
$0.00		
$0.00		
$0.00		
$606,991.54	

Net Assets At End Of Year		

$5,565.62		

$230,201.66		

$0.00		

$130,444.14		

$91,588.56		

$0.00		

$0.00		

$0.00		

$457,799.98	

Silverleaf CDD
Budget to Actual
For The Month Ending 8/31/2025

Year To Date

Actual	Budget

Variance

FY 2025
Adopted Budget

Percentage

Revenues

On-Roll Assessments	$	152,409.95		$	137,752.12		$	14,657.83		$ 150,275.00		101.42%	
Special Tax Assessment	151,322.56		184,272.88		(32,950.32)		201,025.00		75.28%	
Net Revenues	$	303,732.51		$	322,025.00		$	(18,292.49)		$ 351,300.00		86.46%	
General & Administrative Expenses

Supervisor Fees	$	10,800.00		$	11,000.00		$	(200.00)		$	12,000.00		90.00%	
Public Officials' Insurance	3,351.00		3,248.63		102.37		3,544.00		94.55%	
Trustee Services	13,334.03		12,237.50		1,096.53		13,350.00		99.88%	
Management	38,820.87		38,820.87		-		42,350.00		91.67%	
Engineering	40,950.69		27,500.00		13,450.69		30,000.00		136.50%	
Disclosure Agent	11,000.00		13,750.00		(2,750.00)		15,000.00		73.33%	
District Counsel	14,771.29		18,333.37		(3,562.08)		20,000.00		73.86%	
Assessment Administration	12,500.00		11,458.37		1,041.63		12,500.00		100.00%	
Reamortization Schedules	250.00		687.50		(437.50)		750.00		33.33%	
Audit	3,800.00		4,812.50		(1,012.50)		5,250.00		72.38%	
Arbitrage Calculation	3,500.00		916.63		2,583.37		1,000.00		350.00%	
Postage & Shipping	1,998.49		183.37		1,815.12		200.00		999.25%	
Legal Advertising	3,954.11		1,375.00		2,579.11		1,500.00		263.61%	
Miscellaneous	83.62		458.37		(374.75)		500.00		16.72%	
Office Supplies	-		229.13		(229.13)		250.00		0.00%	
Web Site Maintenance	2,250.00		2,585.00		(335.00)		2,820.00		79.79%	
Dues, Licenses, and Fees	175.00		160.38		14.62		175.00		100.00%	
Wetland Maintenance Reserve	3,327.10		18,333.37		(15,006.27)		20,000.00		16.64%	
Wetlands Monitoring	115.89		1,833.37		(1,717.48)		2,000.00		5.79%	
Stormwater Management	-		25,209.03		(25,209.03)		27,400.73		0.00%	
Stormwater Improvements	-		9,166.63		(9,166.63)		10,000.00		0.00%	
General Insurance	4,096.00		3,971.00		125.00		4,332.00		94.55%	
General Repair & Maintenance	5,000.00		4,583.37		416.63		5,000.00		100.00%	
Contingency	-		100,498.86		(100,498.86)		11,743.17		0.00%	
Hardscape Maintenance	36,556.50		10,672.75		25,883.75		109,635.10		33.34%	
Total General & Administrative Expenses	$	210,634.59		$	322,025.00		$	(111,390.41)		$ 351,300.00		59.96%	

Total Expenses

Interest Income	$	2,362.03		$	-	$	2,362.03		$	-	
Total Other Income (Expense)	$	2,362.03		$	-	$	2,362.03		$	-	
Net Income (Loss)	$	95,459.95		$	-	$	95,459.95		$	-	

Income (Loss) from Operations Other Income (Expense)

  $	210,634.59	 $	322,025.00	 $	(111,390.41)	  $	-

$	93,097.92	$	-	$	93,097.92	$	-

	

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