Finley Woods CDD
September 2025 Financial Package

September 30, 2025

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

	Finley Woods CDD	
	Statement of Financial Position	
	As of 9/30/2025	
	
General Fund	
Debt Service	
Construction	
Long Term Debt	
Total	
	
Assets	
Current Assets		
General Checking Account	$72,941.91				$72,941.91	
Prepaid Expenses	8,878.68				8,878.68	
Deposits	660.00				660.00	
Debt Service Reserve Series 2020		$180,100.00			180,100.00	
Revenue Series 2020		79,263.64			79,263.64	
Sinking Fund Series 2020		0.02			0.02	
Acquisition/Construction Series 2020	
	
	$17,878.34	
	17,878.34	
Total Current Assets	$82,480.59	$259,363.66	
$17,878.34	$0.00	
$359,722.59	

Investments		
Amount Available in Debt Service Funds				$259,363.66	$259,363.66	
Amount To Be Provided	

	2,510,636.34	2,510,636.34	
Total Investments	$0.00	$0.00	$0.00	
$2,770,000.00	
$2,770,000.00	
Total Assets	
$82,480.59	
$259,363.66	
$17,878.34	
$2,770,000.00	
$3,129,722.59	

Liabilities and Net Assets	
Current Liabilities		
Accounts Payable	$3,122.59				$3,122.59	
Retainage Payable	
	
	$240,694.70	
	240,694.70	
Total Current Liabilities	$3,122.59	$0.00	
$240,694.70	$0.00	
$243,817.29	

Long Term Liabilities		
Revenue Bonds Payable - Long-Term	

	$2,770,000.00	$2,770,000.00	
Total Long Term Liabilities	$0.00	$0.00	$0.00	
$2,770,000.00	
$2,770,000.00	
Total Liabilities	
$3,122.59	
$0.00	
$240,694.70	
$2,770,000.00	
$3,013,817.29	

Net Assets	    	
Net Assets - General Government	$37,529.70				$37,529.70	
Current Year Net Assets - General Government	40,148.30				40,148.30	
FB - Nonspendable	1,680.00				1,680.00	
Net Assets, Unrestricted		$256,297.66			256,297.66	
Current Year Net Assets, Unrestricted		3,066.00			3,066.00	
Net Assets, Unrestricted			($319,059.72)		(319,059.72)	
Current Year Net Assets, Unrestricted			8,443.36		8,443.36	
Net Assets - General Government	
	
	87,800.00	
	87,800.00	
Total Net Assets	$79,358.00	$259,363.66	
($222,816.36)	$0.00	
$115,905.30	

    	
Total Liabilities and Net Assets	$82,480.59	$259,363.66	$17,878.34	$2,770,000.00	$3,129,722.59	

Page 1 of 3

Finley Woods CDD Statement of Activities As of 9/30/2025

	General Fund		Debt Service	Construction	Long Term Debt	
Revenues				
On-Roll Assessments	$53,586.26			
Off-Roll Assessments	48,648.71			
On-Roll Assessments			$178,534.20	
Inter-Fund Group Transfers In			(7,902.61)	
Inter-Fund Transfers In			$7,902.61	
Total Revenues	$102,234.97		$170,631.59	$7,902.61	$0.00	
Expenses				
Supervisor Fees	$200.00			
D&O Insurance	2,843.00			
Trustee Services	4,031.25			
Management	22,500.00			
Engineering	290.00			
Disclosure Agent	5,000.00			
District Counsel	9,205.15			
Assessment Administration	7,500.00			
Audit	3,630.00			
Postage & Shipping	135.15			
Legal Advertising	3,235.46			
Miscellaneous	75.00			
Web Site Maintenance	2,820.00			
Dues, Licenses, and Fees	175.00			
General Insurance	3,476.00			
Principal Payment - Series 2020			$65,000.00	
Interest Payments -Series 2020			113,972.50	
Total Expenses	$65,116.01		$178,972.50	$0.00	$0.00	
Other Revenues (Expenses) & Gains (Losses)				
Interest Income	$3,029.34			
Interest Income			$11,406.91	
Interest Income			$540.75	
Total Other Revenues (Expenses) & Gains (Losses)	$3,029.34		$11,406.91	$540.75	$0.00	
Change In Net Assets	$40,148.30		$3,066.00	$8,443.36	$0.00	

Net Assets At Beginning Of Year	
$39,209.70		
$256,297.66	
($231,259.72)	
$0.00	

Net Assets At End Of Year	

$79,358.00		

$259,363.66	

($222,816.36)	

$0.00	

Total

$53,586.26 48,648.71
178,534.20
(7,902.61)
7,902.61

$280,769.17

$200.00 2,843.00
4,031.25
22,500.00
290.00
5,000.00
9,205.15
7,500.00
3,630.00
135.15
3,235.46
75.00
2,820.00
175.00
3,476.00
65,000.00
113,972.50

$244,088.51

$3,029.34 11,406.91
540.75

$14,977.00

$51,657.66

$64,247.64

$115,905.30

Budget to Actual
For The Month Ending 9/30/2025

Year To Date
FY2025

Actual

Budget	Variance	Adopted	Percentage
Budget

Revenues

On-Roll Assessments	$	53,586.26	$	53,133.50	$	452.76		$ 53,133.50		100.85%	
Off-Roll Assessments	48,648.71	35,714.90	12,933.81		35,714.90		136.21%	
Developer Contributions	-	58,251.60	(58,251.60)		58,251.60		0.00%	
Net Revenues			$	(44,865.03)		$ 147,100.00		69.50%	

General & Administrative Expenses
Supervisor Fees D&O Insurance Trustee Services Management Engineering Disclosure Agent District Counsel
Assessment Administration Reamortization Schedule Audit
Postage & Shipping Copies
Legal Advertising Miscellaneous Office Supplies
Web Site Maintenance Dues, Licenses, and Fees
Total General & Administrative Expenses Maintenance Expenses
Irrigation
General Insurance
General Repair & Maintenance Landscaping Maintenance & Material Reserves
Total Maintenance Expenses Total Expenses
Income (Loss) from Operations

Other Income (Expense)
Interest Income
Total Other Income (Expense)
Net Income (Loss)

Page 3 of 3

$	(1,000.00)	$	1,200.00	16.67%

$	102,234.97	$	147,100.00	

$	
200.00	
$	1,200.00	
	2,843.00	3,200.00	
	4,031.25	4,400.00	
	22,500.00	22,500.00	
	290.00	10,000.00	
	5,000.00	5,000.00	
	9,205.15	25,000.00	
	7,500.00	7,500.00	
	-	250.00	
	3,630.00	3,630.00	
	135.15	250.00	
	-	250.00	
	3,235.46	4,000.00	
	75.00	1,500.00	
	-	50.00	
	2,820.00	2,820.00	
	175.00	250.00	
$	61,640.01	$	91,800.00	

$	
-	
$	10,000.00	
	3,476.00	3,800.00	
	-	7,000.00	
	-	26,250.00	
	-	8,250.00	
$	3,476.00	$	55,300.00	
 $		65,116.01	 $	147,100.00	
$	37,118.96	$	-	

$	
3,029.34	
$	-	
$	3,029.34	$	-	
$	40,148.30	$	-	

(357.00)	3,200.00	88.84%
(368.75)	4,400.00	91.62%
-	22,500.00	100.00%
(9,710.00)	10,000.00	2.90%
-	5,000.00	100.00%
(15,794.85)	25,000.00	36.82%
-	7,500.00	100.00%
(250.00)	250.00	0.00%
-	3,630.00	100.00%
(114.85)	250.00	54.06%
(250.00)	250.00	0.00%
(764.54)	4,000.00	80.89%
(1,425.00)	1,500.00	5.00%
(50.00)	50.00	0.00%
-	2,820.00	100.00%
(75.00)	250.00	70.00%

$	(30,159.99)	$ 91,800.00	67.15%

$	(10,000.00)	$ 10,000.00	0.00%
(324.00)	3,800.00	91.47%
(7,000.00)	7,000.00	0.00%
(26,250.00)	26,250.00	0.00%
(8,250.00)	8,250.00	0.00%

$	(51,824.00)	$ 55,300.00	6.29%

 $	(81,983.99)	 $ 147,100.00 	44.27%

$	37,118.96	$	-

$	3,029.34	$	-

$	3,029.34	$	-

$	40,148.30	$	-