Silverleaf CDD
February 2026 Financial Package

February 28, 2026

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

Statement of Financial Position As of 2/28/2026

	General Fund		Debt Service - 2019		Debt Service - 2018		Debt Service - 2025		Long Term Debt Group		Total	
			
Assets									
Current Assets												
GF Checking account	$176,284.84										$176,284.84	
Assessments Receivable	7,852.79										7,852.79	
Deposits	167.00										167.00	
Assessments Receivable			$10,834.45								10,834.45	
Due From Other Funds			5,189.36								5,189.36	
Debt Service Reserve 2019A1			79,434.37								79,434.37	
Revenue Account 2019A1			231,025.74								231,025.74	
Prepayment Acct. 2019A1			3,666.38								3,666.38	
Assessments Receivable					$16,603.22						16,603.22	
Due from Other Funds					1,828.17						1,828.17	
Debt Service Reserve 2018A1 Bond					46,550.18						46,550.18	
Revenue 2018A Bond					177,131.01						177,131.01	
Prepayment 2018A1 Bond					1,207.79						1,207.79	
Prepayment 2018A2 Bond					1,249.82						1,249.82	
Assessments Receivable							$19,431.75				19,431.75	
Due From Other Funds							2,139.63				2,139.63	
Revenue Account 2025							211,739.38				211,739.38	
Interest Account 2025							1.61				1.61	
Prepayment 2025							3,416.68				3,416.68	
Total Current Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$0.00		$995,754.17	

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

$753,853.22		

$753,853.22	
									5,643,146.78		5,643,146.78	
	$0.00		$0.00		$0.00		$0.00		$6,397,000.00		$6,397,000.00	
Total Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$6,397,000.00		$7,392,754.17	

Liabilities and Net Assets	
Current Liabilities												
Due To Other Funds	$5,557.16										$5,557.16	
Deferred Revenue	7,852.79										7,852.79	
Deferred Revenue			$10,834.45								10,834.45	
Deferred Revenue					$16,603.22						16,603.22	
Deferred Revenue							$19,431.75				19,431.75	
Total Current Liabilities	$13,409.95		$10,834.45		$16,603.22		$19,431.75		$0.00		$60,279.37	

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities									

$6,397,000.00		

$6,397,000.00	
	$0.00		$0.00		$0.00		$0.00		$6,397,000.00		$6,397,000.00	
Total Liabilities	$13,409.95		$10,834.45		$16,603.22		$19,431.75		$6,397,000.00		$6,457,279.37	

Net Assets
Net Assets, Unrestricted	$147,458.36										$147,458.36	
Current Year Net Assets, Unrestricted	2,583.89										2,583.89	
Net Assets - General Government	(165,842.40)										(165,842.40)	
Current Year Net Assets - General Govt	186,694.83										186,694.83	
Net Assets, Unrestricted			$231,811.09								231,811.09	
Current Year Net Assets, Unrestricted			87,504.76								87,504.76	
Net Assets, Unrestricted					$131,356.12						131,356.12	
Current Year Net Assets, Unrestricted					96,610.85						96,610.85	
Net Assets, Unrestricted							$91,589.27				91,589.27	
Current Year Net Assets, Unrestricted							125,708.03				125,708.03	
Total Net Assets	$170,894.68		$319,315.85		$227,966.97		$217,297.30		$0.00		$935,474.80	
												
Total Liabilities and Net Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$6,397,000.00		$7,392,754.17	

Debt Service - 2025		Long Term Debt Group		Total	

$186,308.51
$186,308.51		

$0.00		
$260,446.95
6,147.80
2,583.89
141,993.64
159,187.40
186,308.51
$756,668.19	

$5,000.00 55,601.34
$60,601.34		

$0.00		
$5,000.00 3,552.00
4,781.38
18,541.65
9,771.22
10,000.00
9,480.90
12,500.00
92.13
283.85
229.79
125.00
1,025.00
175.00
4,342.00
56,911.25
57,755.00
5,929.50
5,000.00
55,601.34
$261,097.01	

$0.86
$0.86

$125,708.03

$91,589.27		

$0.00

$0.00

$0.00		
$2,422.37 1,107.95
0.86
$3,531.18

$499,102.36

$436,372.44	

$217,297.30		
$0.00		
$935,474.80	

Statement of Activities As of 2/28/2026

Revenues

General Fund

Debt Service - 2019

Debt Service - 2018

On-Roll Assessments	$260,446.95				
Other Assessments	6,147.80				
Other Revenue	2,583.89				
On-Roll Assessments			$141,993.64		
On-Roll Assessments					$159,187.40	
On Roll Assessments						
Total Revenues	$269,178.64		$141,993.64		$159,187.40	

   

Expenses

Supervisor Fees	$5,000.00				
Public Officials' Insurance	3,552.00				
Trustee Services	4,781.38				
Management	18,541.65				
Engineering	9,771.22				
Disclosure Agent	10,000.00				
District Counsel	9,480.90				
Assessment Administration	12,500.00				
Postage & Shipping	92.13				
Legal Advertising	283.85				
Miscellaneous	229.79				
Meeting Room	125.00				
Web Site Maintenance	1,025.00				
Dues, Licenses, and Fees	175.00				
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	$79,899.92		$56,911.25		$63,684.50	

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)	

$0.00		$2,422.37

$2,422.37		
$1,107.95

$1,107.95	
Change In Net Assets	$189,278.72		$87,504.76		$96,610.85	
Net Assets At Beginning Of Year	($18,384.04)		$231,811.09		$131,356.12	

Net Assets At End Of Year	
$170,894.68		
$319,315.85		
$227,966.97	

Budget to Actual
For The Month Ending 2/28/2026

Year To Date

FY26

	Actual			Budget		Variance	Adopted Budget	

$	

209,763.45		

$	

91,051.25		

$	

118,712.20	$ 218,523.00	
	6,147.80			-			6,147.80	-	
	2,583.89			-			2,583.89	-	
	50,683.50			22,000.00			28,683.50	52,800.00	
	$269,178.64			$113,051.25			$156,127.39	$ 271,323.00	

$	
5,000.00		
$	
5,000.00		
$	
-	$ 12,000.00	
	3,552.00			1,570.85			1,981.15	3,770.00	
	4,781.38			5,562.50			(781.12)	13,350.00	
	18,541.65			18,541.65			-	44,500.00	
	9,771.22			12,500.00			(2,728.78)	30,000.00	
	10,000.00			4,583.35			5,416.65	11,000.00	
	9,480.90			8,333.35			1,147.55	20,000.00	
	12,500.00			5,208.35			7,291.65	12,500.00	
	-			312.50			(312.50)	750.00	
	-			1,958.35			(1,958.35)	4,700.00	
	-			416.65			(416.65)	1,000.00	
	-			20.85			(20.85)	50.00	
	92.13			625.00			(532.87)	1,500.00	
	283.85			625.00			(341.15)	1,500.00	
	229.79			208.35			21.44	500.00	
	125.00			-			125.00	-	
	1,025.00			1,425.00			(400.00)	3,420.00	
	175.00			72.90			102.10	175.00	
	-			8,333.35			(8,333.35)	20,000.00	
	-			416.65			(416.65)	1,000.00	
	-			8,333.35			(8,333.35)	20,000.00	
	-			12,500.00			(12,500.00)	30,000.00	
	-			4,166.65			(4,166.65)	10,000.00	
	4,342.00			1,920.00			2,422.00	4,608.00	
	-			2,083.35			(2,083.35)	5,000.00	
	-			8,333.25			(8,333.25)	20,000.00	
	79,899.92			113,051.25			(33,151.33)	271,323.00	
	    79,899.92			    113,051.25			   (33,151.33) 	-	
	189,278.72			-			189,278.72	-	

Percentage

Revenues
On-Roll Assessments Other Assessments Other Revenue
Carry Forward Revenue
Net Revenues
General & Administrative Expenses
Supervisor Fees
Public Officials' Insurance Trustee Services Management Engineering
Disclosure Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Postage & Shipping Legal Advertising Miscellaneous Meeting Room
Web Site Maintenance Dues, Licenses, and Fees
Wetland Maintenance Reserve Wetlands Monitoring Hurricane Clean Up Stormwater Management Stormwater Improvements General Insurance
General Repair & Maintenance Hardscape Maintenance
Total General & Administrative Expenses Total Expenses
Net Income (Loss)

96.0%
-
- 96.0%

99.2%

41.7%
94.2%
35.8%
41.7%
32.6%
90.9%
47.4%
100.0%
0.0%
0.0%
0.0%
0.0%
6.1%
18.9%
46.0%
0.0%
3.7%
585.7%
0.9%
0.0%
0.0%
0.0%
0.0%
0.0%
86.8%
0.0%

0.0%