Finley Woods CDD
July 2026 Financial Package

July 31, 2026

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

Statement of Financial Position As of 7/31/2026

General Fund	Debt Service

Construction

Long Term Debt	Total

	Assets		
Current Assets
General Checking Account	

$122,569.47							

$122,569.47	
Prepaid Expenses	1,679.68							1,679.68	
Deposits	660.00							660.00	
Debt Service Reserve Series 2020		$180,100.00						180,100.00	
Revenue Series 2020		80,493.23						80,493.23	
Sinking Fund Series 2020		0.02						0.02	
Acquisition/Construction Series 2020	
			$23,940.91				23,940.91	
Total Current Assets	$124,909.15	$260,593.25		$23,940.91		$0.00		$409,443.31	

Investments									
Amount Available in Debt Service Funds							$260,593.25		$260,593.25	
Amount To Be Provided							2,444,406.75		2,444,406.75	
Total Investments	$0.00		$0.00		$0.00		$2,705,000.00		$2,705,000.00	
Total Assets	$124,909.15		$260,593.25		$23,940.91		$2,705,000.00		$3,114,443.31	

Liabilities and Net Assets

Current Liabilities
Retainage Payable
Total Current Liabilities

Long Term Liabilities

 
$0.00	$0.00

$240,694.70
$240,694.70

$0.00

$240,694.70

$240,694.70

Revenue Bonds Payable - Long-Term							$2,705,000.00		$2,705,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$2,705,000.00		$2,705,000.00	

    

Total Liabilities

Net Assets
FB - Nonspendable
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets

$0.00	$0.00

$240,694.70

$2,705,000.00	$2,945,694.70

$1,680.00							
72,443.32							
50,785.83							
		$260,239.71					
		353.54					
				($310,556.13)			
				6,002.34			
				87,800.00			
$124,909.15		$260,593.25		($216,753.79)		$0.00	
							
$124,909.15		$260,593.25		$23,940.91		$2,705,000.00	

$1,680.00 72,443.32
50,785.83
260,239.71
353.54
(310,556.13)
6,002.34
87,800.00

$168,748.61

$3,114,443.31

Statement of Activities As of 7/31/2026

General Fund	Debt Service	

$125,955.36 37,037.98
7.70	

$174,864.12 (5,441.70)	

Construction	Long Term Debt	Total

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

Expenses
D&O Insurance Trustee Services Management Engineering Disclosure Agent District Counsel
Assessment Administration Audit
Tax Preparation Postage & Shipping Legal Advertising Miscellaneous
Web Site Maintenance Dues, Licenses, and Fees Irrigation
General Insurance Other Insurance
Landscaping Maintenance & Material Reserves
Principal Payment - Series 2020 Interest Payments -Series 2020
Total Expenses

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

Change In Net Assets

Net Assets At Beginning Of Year

Net Assets At End Of Year

$163,001.04		$169,422.42		$5,441.70		$0.00		$337,865.16	

$3,014.00								
$3,014.00	
4,031.25								4,031.25	
20,833.30								20,833.30	
2,655.00								2,655.00	
5,000.00								5,000.00	
21,257.60								21,257.60	
7,500.00								7,500.00	
4,000.00								4,000.00	
27.04								27.04	
43.65								43.65	
1,516.14								1,516.14	
75.00								75.00	
2,350.00								2,350.00	
175.00								175.00	
1,466.59								1,466.59	
3,685.00								3,685.00	
500.00								500.00	
31,665.00								31,665.00	
5,577.50								5,577.50	
		$65,000.00						65,000.00	
		111,925.00						111,925.00	
$115,372.07		$176,925.00		$0.00		$0.00		$292,297.07	

$3,156.86								
$3,156.86	
		$7,856.12						7,856.12	
				$560.64				560.64	
$3,156.86		$7,856.12		$560.64		$0.00		$11,573.62	
$50,785.83		$353.54		$6,002.34		$0.00		$57,141.71	
$74,123.32		$260,239.71		($222,756.13)		$0.00		$111,606.90	

$124,909.15		
$260,593.25		
($216,753.79)		
$0.00		
$168,748.61	

$5,441.70

$125,955.36 37,037.98
7.70
174,864.12
(5,441.70)
5,441.70

Budget to Actual
For The Month Ending 7/31/2026

Year To Date
FY2026

Actual

Budget	Variance	Adopted	Percentage
Budget

Revenues

On-Roll Assessments	$  125,955.36		$	102,406.00		$	23,549.36		$ 122,887.24		102.50%	
Off-Roll Assessments	37,037.98		30,864.80		6,173.18		37,037.76		100.00%	
Developer Contributions	-		60,000.00		(60,000.00)		72,000.00		0.00%	
Other Income & Other Financing Sources	7.70		-		7.70		-		-	
Net Revenues	$  163,001.04		$	193,270.80		$	(30,269.76)		$ 231,925.00		70.28%	
General & Administrative Expenses

Supervisor Fees	$	-		$	1,000.00		$	(1,000.00)		$	1,200.00		0.00%	
D&O Insurance	3,014.00		2,666.70		347.30		3,200.00		94.19%	
Other Insurance	500.00		416.70		83.30		500.00		100.00%	
Trustee Services	4,031.25		3,666.70		364.55		4,400.00		91.62%	
Management	20,833.30		20,833.30		-		25,000.00		83.33%	
Engineering	2,655.00		8,333.30		(5,678.30)		10,000.00		26.55%	
Disclosure Agent	5,000.00		4,166.70		833.30		5,000.00		100.00%	
District Counsel	21,257.60		20,833.30		424.30		25,000.00		85.03%	
Assessment Administration	7,500.00		6,250.00		1,250.00		7,500.00		100.00%	
Reamortization Schedule	-		208.30		(208.30)		250.00		0.00%	
Audit	4,000.00		3,145.80		854.20		3,775.00		105.96%	
Tax Preparation	27.04		20.80		6.24		25.00		108.16%	
Postage & Shipping	43.65		208.30		(164.65)		250.00		17.46%	
Copies	-		187.50		(187.50)		225.00		0.00%	
Legal Advertising	1,516.14		3,333.30		(1,817.16)		4,000.00		37.90%	
Miscellaneous	75.00		833.30		(758.30)		1,000.00		7.50%	
Office Supplies	-		41.70		(41.70)		50.00		0.00%	
Web Site Maintenance	2,350.00		2,450.00		(100.00)		2,940.00		79.93%	
Dues, Licenses, and Fees	175.00		208.40		(33.40)		250.00		70.00%	
Total General & Administrative Expenses					$	(5,826.12)		$  94,565.00		77.17%	
Maintenance Expenses
Irrigation					
$	(6,866.71)		
$  10,000.00		
14.67%	
General Insurance					418.30		3,920.00		94.01%	
General Repair & Maintenance					(4,166.70)		5,000.00		0.00%	
Landscaping Maintenance & Material					(2,535.00)		41,040.00		77.16%	
Landscape Maintenance - Phase 3					(60,000.00)		72,000.00		0.00%	
Reserves					1,077.50		5,400.00		103.29%	
Total Maintenance Expenses					$	(72,072.61)		$ 137,360.00		30.86%	
Total Expenses					 $	(77,898.73)		  $ 231,925.00			49.75%	
Income (Loss) from Operations					$	47,628.97		$	-			

Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)

$	3,156.86	$	-

$	72,977.98		$	78,804.10	

$	
1,466.59		
$	8,333.30	
	3,685.00		3,266.70	
	-		4,166.70	
	31,665.00		34,200.00	
	-		60,000.00	
	5,577.50		4,500.00	
$	42,394.09		$	114,466.70	
  $ 	115,372.07		 $	193,270.80	
$	47,628.97		$	-	
$	3,156.86		$	-	
$	3,156.86		$	-	
$	50,785.83		$	-	

$	3,156.86	$	-

$	50,785.83	$	-