Silverleaf CDD
November 2025 Financial Package

November 30, 2025

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

Statement of Financial Position As of 11/30/2025

Debt Service -	Debt Service -	Debt Service -	Long Term	
2019	2018	2025	Debt Group	

General Fund	Total

Current Assets
GF Checking account Assessments Receivable Deposits
Special Tax Assmt. Receivable Assessments Receivable
Due From Other Funds Revenue Account 2019A1 Prepayment Acct. 2019A1 Debt Service Reserve 2019A1 Revenue 2018A Bond Prepayment 2018A1 Bond
Debt Service Reserve 2018A1 Bond Prepayment 2018A2 Bond
Due from Other Funds Assessments Receivable Revenue Account 2025
Interest Account 2025 Due From Other Funds 2025 Prepayment Assessments Receivable
Total Current Assets

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

Total Assets

Current Liabilities Accounts Payable Due To Other Funds Deferred Revenue
Deferred Revenue - Special Tax Assmt. Deferred Revenue
Deferred Revenue Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities

Total Liabilities	Assets

$17,354.71 215,502.64
167.00
49,775.00
$150,753.77 2,074.31
92,615.75
3,633.28
79,434.37

 
$282,799.35	$328,511.48

 
$0.00	$0.00

$282,799.35	$328,511.48

Liabilities and Net Assets

$59,701.05 7,252.92
215,502.64
49,775.00
$150,753.77

$332,231.61	$150,753.77

 
$0.00	$0.00

$332,231.61	$150,753.77	

$19,130.02 1,196.88
46,550.18
1,238.54
2,385.96
173,404.66

$243,906.24

$0.00

$243,906.24

$173,404.66

$173,404.66

$0.00

$173,404.66		

$27,570.10
1.59
2,792.65
3,416.64
202,947.62

$236,728.60

$0.00

$236,728.60

$202,947.62

$202,947.62

$0.00

$202,947.62		

$0.00

$274,787.35 6,122,212.65

$6,397,000.00

$6,397,000.00

$0.00

$6,397,000.00

$6,397,000.00

$6,397,000.00		

$17,354.71 215,502.64
167.00
49,775.00
150,753.77
2,074.31
92,615.75
3,633.28
79,434.37
19,130.02
1,196.88
46,550.18
1,238.54
2,385.96
173,404.66
27,570.10
1.59
2,792.65
3,416.64
202,947.62

$1,091,945.67

$274,787.35 6,122,212.65

$6,397,000.00

$7,488,945.67

$59,701.05 7,252.92
215,502.64
49,775.00
150,753.77
173,404.66
202,947.62

$859,337.66

$6,397,000.00

$6,397,000.00

$7,256,337.66	

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government Current Year Net Assets - General Govt
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets	

$147,458.36 (59,618.87)
(165,842.40)
(32,030.69)

($110,033.60)

$222,198.01		

$231,811.09 (54,053.38)

$177,757.71

$328,511.48	

$131,356.12 (60,854.54)

$70,501.58

$243,906.24		

$91,589.27 2,793.05

$94,382.32

$297,329.94		

$0.00

$6,397,000.00		

$147,458.36 (59,618.87)
(165,842.40)
(32,030.69)
231,811.09
(54,053.38)
131,356.12
(60,854.54)
91,589.27
2,793.05

$232,608.01

$7,488,945.67	

Debt Service - 2025		Long Term Debt Group		Total	

$2,792.65
$2,792.65		

$0.00		
$3,020.36 3,357.90
982.47
2,789.90
2,074.31
2,385.96
2,792.65
$17,403.55	

$5,000.00 55,601.34
$60,601.34		

$0.00		
$2,000.00 3,552.00
4,781.38
7,416.66
4,468.88
1,352.00
12,500.00
90.65
55.28
290.00
350.00
4,342.00
56,911.25
57,755.00
5,929.50
5,000.00
55,601.34
$222,395.94	

$0.40
$0.40 ($57,808.29)
$91,589.27		

$0.00

$0.00

$0.00		
$783.56 444.00
0.40
$1,227.96 ($203,764.43)
$436,372.44	

$33,780.98		
$0.00		
$232,608.01	

Statement of Activities As of 11/30/2025

Revenues

General Fund

Debt Service - 2019

Debt Service - 2018

On-Roll Assessments	$3,020.36				
Other Assessments	3,357.90				
Other Revenue	982.47				
Other Income & Other Financing Sources	2,789.90				
On-Roll Assessments			$2,074.31		
On-Roll Assessments					$2,385.96	
On Roll Assessments						
Total Revenues	$10,150.63		$2,074.31		$2,385.96	

   

Expenses

Supervisor Fees	$2,000.00				
Public Officials' Insurance	3,552.00				
Trustee Services	4,781.38				
Management	7,416.66				
Engineering	4,468.88				
District Counsel	1,352.00				
Assessment Administration	12,500.00				
Postage & Shipping	90.65				
Miscellaneous	55.28				
Web Site Maintenance	290.00				
Dues, Licenses, and Fees	350.00				
General Insurance	4,342.00				
Interest Payments - 2019A1 Bond			$56,911.25		
Interest Payment - 2018A1 Bond					$57,755.00	
Interest Payment - 2018A2 Bond					5,929.50	
Principal Payment - S2025						
Interest Payment - S2025						
Total Expenses	$41,198.85		$56,911.25		$63,684.50	

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income			$783.56		
$444.00	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$783.56		$444.00	
Change In Net Assets	($31,048.22)		($54,053.38)		($60,854.54)	
Net Assets At Beginning Of Year	($18,384.04)		$231,811.09		$131,356.12	

Net Assets At End Of Year	
($49,432.26)		
$177,757.71		
$70,501.58	

Budget to Actual
For The Month Ending 11/30/2025

Year To Date

Actual	Budget	Variance

FY26
Adopted	Percentage Budget

Revenues

On-Roll Assessments	$	3,020.36		$	36,420.50		$	(33,400.14)		$ 218,523.00		1.4%	
Other Assessments	6,147.80		-		6,147.80		-		-	
Other Revenue	982.47		-		982.47		-		-	
Carry Forward Revenue	-		8,800.00		(8,800.00)		52,800.00		0.0%	
Net Revenues	$	10,150.63		$	45,220.50		$	(35,069.87)		$ 271,323.00		3.7%	
General & Administrative Expenses

Supervisor Fees	$	2,000.00		$	2,000.00	$	-		$  12,000.00		16.7%	
Public Officials' Insurance	3,552.00		628.34	2,923.66		3,770.00		94.2%	
Trustee Services	4,781.38		2,225.00	2,556.38		13,350.00		35.8%	
Management	7,416.66		7,416.66	-		44,500.00		16.7%	
Engineering	4,468.88		5,000.00	(531.12)		30,000.00		14.9%	
Disclosure Agent	-		1,833.34	(1,833.34)		11,000.00		0.0%	
District Counsel	1,352.00		3,333.34	(1,981.34)		20,000.00		6.8%	
Assessment Administration	12,500.00		2,083.34	10,416.66		12,500.00		100.0%	
Reamortization Schedules	-		125.00	(125.00)		750.00		0.0%	
Audit	-		783.34	(783.34)		4,700.00		0.0%	
Arbitrage Calculation	-		166.66	(166.66)		1,000.00		0.0%	
Tax Preparation	-		8.34	(8.34)		50.00		0.0%	
Postage & Shipping	90.65		250.00	(159.35)		1,500.00		6.0%	
Legal Advertising	-		250.00	(250.00)		1,500.00		0.0%	
Miscellaneous	55.28		83.34	(28.06)		500.00		11.1%	
Web Site Maintenance	290.00		570.00	(280.00)		3,420.00		8.5%	
Dues, Licenses, and Fees	350.00		29.16	320.84		175.00		200.0%	
Wetland Maintenance Reserve	-		3,333.34	(3,333.34)		20,000.00		0.0%	
Wetlands Monitoring	-		166.66	(166.66)		1,000.00		0.0%	
Hurricane Clean Up	-		3,333.34	(3,333.34)		20,000.00		0.0%	
Stormwater Management	-		5,000.00	(5,000.00)		30,000.00		0.0%	
Stormwater Improvements	-		1,666.66	(1,666.66)		10,000.00		0.0%	
General Insurance	4,342.00		768.00	3,574.00		4,608.00		94.2%	
General Repair & Maintenance	-		833.34	(833.34)		5,000.00		0.0%	
Hardscape Maintenance	-		3,333.30	(3,333.30)		20,000.00		0.0%	
Total General & Administrative Expenses	$	41,198.85			
$	45,220.50	$	(4,021.65)		$ 271,323.00		15.2%	
Total Expenses	 $	41,198.85		  $	45,220.50	 $	(4,021.65)		  $	-			
Net Income (Loss)	$	(31,048.22)			
$	-	$	(31,048.22)		$	-