Finley Woods CDD
December 2025 Financial Package

December 31, 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 12/31/2025

Long Term Debt	Total	

$154,166.97 21,669.99
660.00
37,037.76
30,977.94
14,477.36
180,100.00
153,331.31
0.02
19,831.93	

General Fund	Debt Service	Construction

Assets

Current Assets
General Checking Account Assessments Receivable Deposits
Assessment Receivable - Off Roll Assessments Receivable
Due From Other Funds
Debt Service Reserve Series 2020 Revenue Series 2020
Sinking Fund Series 2020 Acquisition/Construction Series 2020

$154,166.97 21,669.99
660.00
37,037.76

$30,977.94 14,477.36
180,100.00
153,331.31
0.02

$19,831.93

Total Current Assets

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

Total Assets

Current Liabilities

 
$213,534.72	$378,886.63

 
$0.00	$0.00

$213,534.72	$378,886.63

Liabilities and Net Assets

$19,831.93

$0.00

$19,831.93

 
$0.00	$612,253.28

$333,431.33	$333,431.33
2,436,568.67	2,436,568.67

$2,770,000.00	$2,770,000.00

$2,770,000.00	$3,382,253.28

Accounts Payable	$790.28								$790.28	
Due To Other Funds	14,477.36								14,477.36	
Deferred Revenue	21,669.99								21,669.99	
Deferred Revenue - Off Roll	37,037.76								37,037.76	
Deferred Revenue			$30,977.94						30,977.94	
Retainage Payable					$240,694.70				240,694.70	
Total Current Liabilities	$73,975.39		$30,977.94		$240,694.70		$0.00		$345,648.03	

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	$73,975.39		$30,977.94		$240,694.70		$2,770,000.00		$3,115,648.03	

Net Assets
Net Assets - General Government	$72,443.32								$72,443.32	
Current Year Net Assets - General Govt	65,436.01								65,436.01	
FB - Nonspendable	1,680.00								1,680.00	
Net Assets, Unrestricted			$260,239.71						260,239.71	
Current Year Net Assets, Unrestricted			87,668.98						87,668.98	
Net Assets, Unrestricted					($310,556.13)				(310,556.13)	
Current Year Net Assets, Unrestricted					1,893.36				1,893.36	
Net Assets - General Government					87,800.00				87,800.00	
Total Net Assets	$139,559.33		$347,908.69		($220,862.77)		$0.00		$266,605.25	
										
Total Liabilities and Net Assets	$213,534.72		$378,886.63		$19,831.93		$2,770,000.00		$3,382,253.28	

Finley Woods CDD				
Statement of Activities				
As of 12/31/2025				

General Fund	Debt Service	
Construction	
Long Term Debt	
Total	

$101,117.17			
$101,117.17	
0.26			0.26	
$143,886.19			143,886.19	
(1,771.77)			(1,771.77)	
	$1,771.77		1,771.77	

Revenues

On-Roll Assessments
Other Income & Other Financing Sources On-Roll Assessments
Inter-Fund Group Transfers In Inter-Fund Transfers In
Total Revenues

Expenses

    
$101,117.43	$142,114.42	$1,771.77	$0.00	$245,003.62

D&O Insurance	$3,014.00								$3,014.00	
Trustee Services	1,679.68								1,679.68	
Management	6,249.99								6,249.99	
Disclosure Agent	1,250.00								1,250.00	
District Counsel	2,328.00								2,328.00	
Assessment Administration	7,500.00								7,500.00	
Postage & Shipping	1.48								1.48	
Legal Advertising	311.50								311.50	
Web Site Maintenance	435.00								435.00	
Dues, Licenses, and Fees	175.00								175.00	
Irrigation	1,372.53								1,372.53	
General Insurance	3,685.00								3,685.00	
Other Insurance	500.00								500.00	
Landscaping Maintenance & Material	3,600.00								3,600.00	
Reserves	4,500.00								4,500.00	
Interest Payments -Series 2020			$55,962.50						55,962.50	
Total Expenses	$36,602.18		$55,962.50		$0.00		$0.00		$92,564.68	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$920.76								$920.76	
Interest Income			$1,517.06						1,517.06	
Interest Income					$121.59				121.59	
Total Other Revenues (Expenses) & Gains (Losses)	$920.76		$1,517.06		$121.59		$0.00		$2,559.41	
Change In Net Assets	$65,436.01		$87,668.98		$1,893.36		$0.00		$154,998.35	
Net Assets At Beginning Of Year	$74,123.32		$260,239.71		($222,756.13)		$0.00		$111,606.90	

Net Assets At End Of Year	
$139,559.33		
$347,908.69		
($220,862.77)		
$0.00		
$266,605.25	

Finley Woods CDD
Budget to Actual
For The Month Ending 12/31/2025

Actual

Year To Date Budget

Variance

FY2026
Adopted	Perecentage Budget

Revenues

On-Roll Assessments	$	101,117.17		$	30,721.80		$	70,395.37		$ 122,887.24		82.28%	
Off-Roll Assessments	-		9,259.44		(9,259.44)		37,037.76		0.00%	
Developer Contributions	-		18,000.00		(18,000.00)		72,000.00		0.00%	
Other Income & Other Financing Sources	0.26		-		0.26		-		-	
Net Revenues	$	101,117.43		$	57,981.24		$	43,136.19		$ 231,925.00		0.44%	
General & Administrative Expenses

Supervisor Fees	$	-		$	300.00		$	(300.00)		$	1,200.00		0.00%	
D&O Insurance	3,014.00		800.01		2,213.99		3,200.00		94.19%	
Other Insurance	500.00		83.34		416.66		500.00		100.00%	
Trustee Services	1,679.68		1,100.01		579.67		4,400.00		38.17%	
Management	6,249.99		6,249.99		-		25,000.00		25.00%	
Engineering	-		2,499.99		(2,499.99)		10,000.00		0.00%	
Disclosure Agent	1,250.00		1,250.01		(0.01)		5,000.00		25.00%	
District Counsel	2,328.00		6,249.99		(3,921.99)		25,000.00		9.31%	
Assessment Administration	7,500.00		1,875.00		5,625.00		7,500.00		100.00%	
Reamortization Schedule	-		62.49		(62.49)		250.00		0.00%	
Audit	-		943.74		(943.74)		3,775.00		0.00%	
Tax Preparation	-		6.24		(6.24)		25.00		0.00%	
Postage & Shipping	1.48		62.49		(61.01)		250.00		0.59%	
Copies	-		56.25		(56.25)		225.00		0.00%	
Legal Advertising	311.50		999.99		(688.49)		4,000.00		7.79%	
Miscellaneous	-		249.99		(249.99)		1,000.00		0.00%	
Contingency	-		-		-		-		-	
Office Supplies	-		12.51		(12.51)		50.00		0.00%	
Web Site Maintenance	435.00		735.00		(300.00)		2,940.00		14.80%	
Dues, Licenses, and Fees	175.00		104.19		70.81		250.00		70.00%	
Total General & Administrative Expenses	$	23,444.65		$	23,641.23		$	(196.58)		$	94,565.00		24.79%	

Maintenance Expenses

Irrigation	$	1,372.53		$	2,499.99		$	(1,127.46)		$	10,000.00		13.73%	
General Insurance	3,685.00		980.01		2,704.99		3,920.00		94.01%	
General Repair & Maintenance	-		1,250.01		(1,250.01)		5,000.00		0.00%	
Landscaping Maintenance & Material	3,600.00		10,260.00		(6,660.00)		41,040.00		8.77%	
Landscape Maintenance - Phase 3	-		18,000.00		(18,000.00)		72,000.00		0.00%	
Reserves	4,500.00		1,350.00		3,150.00		5,400.00		83.33%	
Total Maintenance Expenses	$	13,157.53		$	34,340.01		$	(21,182.48)		$ 137,360.00		9.58%	
Total Expenses	$	36,602.18		$		57,981.24		$	(21,379.06)		$		231,925.00		15.78%	

Income (Loss) from Operations	
$	
64,515.25			
$	
-		
$	
64,515.25			
$	
-			

Other Income (Expense)

Interest Income	$	920.76		$	-	$	920.76		$	-	
Total Other Income (Expense)	$	920.76		 
$	-	$	920.76		$	-	
Net Income (Loss)	$	65,436.01		 
$	-	$	65,436.01		$	-