Silverleaf CDD
April 2026 Financial Package

April 30, 2026

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

Statement of Financial Position As of 4/30/2026

	General Fund	Debt Service - 2019		Debt Service - 2018		Debt Service - 2025		Long Term Debt Group		Total	
		
Assets									
Current Assets											
GF Checking account	$115,474.97									$115,474.97	
Assessments Receivable	1,460.32									1,460.32	
Prepaid Expenses	1,683.59									1,683.59	
Deposits	167.00									167.00	
Assessments Receivable		$10,735.44								10,735.44	
Due From Other Funds		3,699.01								3,699.01	
Debt Service Reserve 2019A1		79,434.37								79,434.37	
Revenue Account 2019A1		234,375.22								234,375.22	
Prepayment Acct. 2019A1		3,687.12								3,687.12	
Assessments Receivable				$12,348.42						12,348.42	
Due from Other Funds				4,254.80						4,254.80	
Debt Service Reserve 2018A1 Bond				46,550.18						46,550.18	
Revenue 2018A Bond				180,228.77						180,228.77	
Prepayment 2018A1 Bond				1,214.63						1,214.63	
Prepayment 2018A2 Bond				1,256.89						1,256.89	
Assessments Receivable						$14,452.06				14,452.06	
Due From Other Funds						4,979.69				4,979.69	
Revenue Account 2025						213,880.73				213,880.73	
Interest Account 2025						1.61				1.61	
Prepayment 2025		
				3,416.70				3,416.70	
Total Current Assets	$118,785.88	$331,931.16		$245,853.69		$236,730.79		$0.00		$933,301.52	

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

$764,046.22		

$764,046.22	
		
						5,632,953.78		5,632,953.78	
	$0.00	$0.00		$0.00		$0.00		$6,397,000.00		$6,397,000.00	
Total Assets	$118,785.88	$331,931.16		$245,853.69		$236,730.79		$6,397,000.00		$7,330,301.52	

Liabilities and Net Assets	
Current Liabilities											
Accounts Payable	$29.61									$29.61	
Due To Other Funds	12,933.50									12,933.50	
Deferred Revenue	1,460.32									1,460.32	
Deferred Revenue		$10,735.44								10,735.44	
Deferred Revenue				$12,348.42						12,348.42	
Deferred Revenue		
				$14,452.06				14,452.06	
Total Current Liabilities	$14,423.43	$10,735.44		$12,348.42		$14,452.06		$0.00		$51,959.35	

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	$14,423.43	$10,735.44		$12,348.42		$14,452.06		$6,397,000.00		$6,448,959.35	

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	120,162.60										120,162.60	
Net Assets, Unrestricted			$231,811.09								231,811.09	
Current Year Net Assets, Unrestricted			89,384.63								89,384.63	
Net Assets, Unrestricted					$131,356.12						131,356.12	
Current Year Net Assets, Unrestricted					102,149.15						102,149.15	
Net Assets, Unrestricted							$91,589.27				91,589.27	
Current Year Net Assets, Unrestricted							130,689.46				130,689.46	
Total Net Assets	$104,362.45		$321,195.72		$233,505.27		$222,278.73		$0.00		$881,342.17	
												
Total Liabilities and Net Assets	$118,785.88		$331,931.16		$245,853.69		$236,730.79		$6,397,000.00		$7,330,301.52	

Debt Service - 2025		Long Term Debt Group		Total	

$191,288.20
$191,288.20		

$0.00		

$266,839.42
6,147.80
2,583.89
142,092.65
163,442.20
191,288.20
$772,394.16	

$5,000.00 55,601.34
$60,601.34		

$0.00		
$7,000.00 3,552.00
7,138.42
25,958.31
14,590.46
10,000.00
11,289.20
12,500.00
3,900.00
3,500.00
58.30
121.74
393.46
229.79
200.00
1,615.00
175.00
13,383.82
9,785.00
4,342.00
3,597.12
19,495.00
56,911.25
57,755.00
5,929.50
5,000.00
55,601.34
$334,021.71	

$2.60
$2.60

$130,689.46

$91,589.27		

$0.00

$0.00

$0.00		
$4,203.23 2,391.45
2.60
$6,597.28

$444,969.73

$436,372.44	

$222,278.73		

$0.00		

$881,342.17	

Statement of Activities As of 4/30/2026

Revenues

General Fund

Debt Service - 2019

Debt Service - 2018

On-Roll Assessments	$266,839.42				
Other Assessments	6,147.80				
Other Revenue	2,583.89				
On-Roll Assessments			$142,092.65		
On-Roll Assessments					$163,442.20	
On Roll Assessments						
Total Revenues	$275,571.11		$142,092.65		$163,442.20	

   

Expenses

Supervisor Fees	$7,000.00				
Public Officials' Insurance	3,552.00				
Trustee Services	7,138.42				
Management	25,958.31				
Engineering	14,590.46				
Disclosure Agent	10,000.00				
District Counsel	11,289.20				
Assessment Administration	12,500.00				
Audit	3,900.00				
Arbitrage Calculation	3,500.00				
Tax Preparation	58.30				
Postage & Shipping	121.74				
Legal Advertising	393.46				
Miscellaneous	229.79				
Meeting Room	200.00				
Web Site Maintenance	1,615.00				
Dues, Licenses, and Fees	175.00				
Wetland Maintenance Reserve	13,383.82				
Stormwater Improvements	9,785.00				
General Insurance	4,342.00				
Wetland Monitoring	3,597.12				
Hardscape Maintenance	19,495.00				
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	$152,824.62		$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		$4,203.23

$4,203.23		
$2,391.45

$2,391.45	
Change In Net Assets	$122,746.49		$89,384.63		$102,149.15	

Net Assets At Beginning Of Year	
($18,384.04)		
$231,811.09		
$131,356.12	

Net Assets At End Of Year	

$104,362.45		

$321,195.72		

$233,505.27	

Silverleaf CDD	
Budget to Actual
For The Month Ending 4/30/2026	

Year To Date	
		
Actual		
Budget		
Variance	FY26 Adopted Budget		
Percentage	

Revenues														
On-Roll Assessments Other Assessments Other Revenue
Carry Forward Revenue	$	214,911.93
6,147.80
2,583.89
51,927.49		$	127,471.75
-
- 30,800.00		$	87,440.18
6,147.80
2,583.89
21,127.49		$	218,523.00
-
- 52,800.00		98.3%
-
- 98.3%	
Net Revenues	$	275,571.11		$	158,271.75		$	117,299.36		$	271,323.00		101.6%	
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	

$

$

 $		

7,000.00
3,552.00
7,138.42
25,958.31
14,590.46
10,000.00
11,289.20
12,500.00
- 3,900.00
3,500.00
58.30
121.74
393.46
229.79
200.00
1,615.00
175.00
13,383.82
3,597.12
-
- 9,785.00
4,342.00
- 19,495.00
152,824.62

152,824.62		

$

$

 $		

7,000.00
2,199.19
7,787.50
25,958.31
17,500.00
6,416.69
11,666.69
7,291.69
437.50
2,741.69
583.31
29.19
875.00
875.00
291.69
- 1,995.00
102.06
11,666.69
583.31
11,666.69
17,500.00
5,833.31
2,688.00
2,916.69
11,666.55
158,271.75

158,271.75		

$

$

 $		

- 1,352.81
(649.08)
- (2,909.54)
3,583.31
(377.49)
5,208.31
(437.50)
1,158.31
2,916.69
29.11
(753.26)
(481.54)
(61.90)
200.00
(380.00)
72.94
1,717.13
3,013.81
(11,666.69)
(17,500.00)
3,951.69
1,654.00
(2,916.69)
7,828.45
(5,447.13)

(5,447.13)	

$	12,000.00
3,770.00
13,350.00
44,500.00
30,000.00
11,000.00
20,000.00
12,500.00
750.00
4,700.00
1,000.00
50.00
1,500.00
1,500.00
500.00
- 3,420.00
175.00
20,000.00
1,000.00
20,000.00
30,000.00
10,000.00
4,608.00
5,000.00
20,000.00

$ 271,323.00

 $ 271,323.00		

58.3%
94.2%
53.5%
58.3%
48.6%
90.9%
56.4%
100.0%
0.0%
83.0%
350.0%
116.6%
8.1%
26.2%
46.0%
- 47.2%
100.0%
66.9%
359.7%
0.0%
0.0%
97.9%
94.2%
- 97.5%
56.3%	
Net Income (Loss)	$	122,746.49		$	-		$	122,746.49		$	-