Lakeside Landings CDD
June 2025 Financial Report

June 30, 2025

PFM Group Consulting LLC 3501 Quadrangle Blvd., Suite 270 Orlando, Florida 32817 Tel:
407-723-5900

Lakeside Landings CDD Statement of Financial Position As of 6/30/2025

General Fund	General Fixed Asset Group

Total

	Assets		
Current Assets
General Checking Account		
$	343,569.54		
$	343,569.54	
Reserve Checking Account		261,879.85		261,879.85	
Deposits		13,402.65		13,402.65	
Total Current Assets		$	618,852.04		$	-	$	618,852.04	

Property, Plant & Equipment
Other Fixed Assets (2007)	
$  7,652,859.49		
$ 7,652,859.49	
Other Fixed Assets (2008)	923,482.00		923,482.00	
Total Property, Plant & Equipment	$	-	$  8,576,341.49		$ 8,576,341.49	
Total Assets	$	618,852.04		$  8,576,341.49		$ 9,195,193.53	

Net Assets						
Net Assets, Unrestricted	$	69,458.89				$	69,458.89	
Net Assets - General Government		323,559.27				323,559.27	
Current Year Net Assets - General Government		225,833.88				225,833.88	
Net Assets, Invd in Capital, Net of Debt				$  8,576,341.49		8,576,341.49	
Total Net Assets	$	618,852.04		$  8,576,341.49		$ 9,195,193.53	
							
Total Liabilities and Net Assets	$	618,852.04		$  8,576,341.49		$ 9,195,193.53	

Lakeside Landings CDD
Statement of Activities As of 6/30/2025

General Fund	General Fixed
Asset Group

Total

Revenues

On-Roll Assessments	$ 602,001.50			$	602,001.50	
Other Income & Other Financing Sources	280.00			280.00	
Total Revenues	$ 602,281.50		$	-	$	602,281.50	

Supervisor Fees	$	2,000.00			$	2,000.00	
POL Insurance	2,628.00			2,628.00	
Management	33,750.00			33,750.00	
Engineering	3,317.50			3,317.50	
Property Appraiser	6,392.10			6,392.10	
District Counsel	10,507.74			10,507.74	
Assessment Administration	5,000.00			5,000.00	
Audit	3,400.00			3,400.00	
Travel and Per Diem	217.82			217.82	
Postage & Shipping	158.90			158.90	
Legal Advertising	202.72			202.72	
Meeting Room	364.00			364.00	
Property Taxes	122.25			122.25	
Web Site Maintenance	1,590.00			1,590.00	
Dues, Licenses, and Fees	175.00			175.00	
Security	25,695.22			25,695.22	
Amenity - Pool Maintenance	30,560.00			30,560.00	
Amenity - Access Control Key Fob	8,062.88			8,062.88	
Amenity - Janitorial	29,474.00			29,474.00	
Amenity - Pest Control	920.00			920.00	
Amenity - Vandalism	210.00			210.00	
Amenity - Security	1,214.92			1,214.92	
Hog Capture	9,600.00			9,600.00	
Amenity - Miscellaneous	5,240.00			5,240.00	
General Insurance	3,275.00			3,275.00	
Property & Casualty	14,714.00			14,714.00	
Fountains	275.00			275.00	
Irrigation	14,665.74			14,665.74	
Lake Maintenance	12,180.00			12,180.00	
Landscaping Maintenance & Material	57,196.58			57,196.58	
Landscape Improvements	7,703.84			7,703.84	
Hurricane Clean-Up	7,500.00			7,500.00	
Streetlights	95,619.60			95,619.60	
Miscellaneous	2,727.31			2,727.31	
Total Expenses	$ 396,660.12		$	-	$	396,660.12	

her Revenues (Expenses) & Gains (Losses)
Interest Income	$	20,212.50	$	20,212.50	
Total Other Revenues (Expenses) & Gains (Losses)	$  20,212.50		$	-		$	20,212.50	
Change In Net Assets	$ 225,833.88		$	-		$	225,833.88	
Net Assets At Beginning Of Year	$ 393,018.16		$  8,576,341.49		$ 8,969,359.65	

Net Assets At End Of Year	
$ 618,852.04		
$  8,576,341.49		
$ 9,195,193.53	

Expenses

Ot

Budget to Actual
For the Month Ending 6/30/2025

Year To Date

Actual	Budget	Variance	FY 2025
Adopted Budget

Percentage Spent

Revenues

On-Roll Assessments	$	602,001.50		$ 445,861.89		$ 156,139.61		$	594,482.50		101.26%	
Other Income & Other Financing Sources	280.00		-		280.00		-		0.00%	
Net Revenues	$	602,281.50		$ 445,861.89		$ 156,419.61		$	594,482.50		101.31%	

General & Administrative Expenses

Supervisor Fees	$	2,000.00		$	5,249.97		$  (3,249.97)		$	7,000.00		28.57%	
POL Insurance	2,628.00		2,026.53		601.47		2,702.00		97.26%	
Management	33,750.00		33,750.00		-		45,000.00		75.00%	
Field Management	-		749.97		(749.97)		1,000.00		0.00%	
Engineering	3,317.50		7,499.97		(4,182.47)		10,000.00		33.18%	
Property Appraiser	6,392.10		4,875.03		1,517.07		6,500.00		98.34%	
District Counsel	10,507.74		11,250.00		(742.26)		15,000.00		70.05%	
Assessment Administration	5,000.00		3,750.03		1,249.97		5,000.00		100.00%	
Audit	3,400.00		2,700.00		700.00		3,600.00		94.44%	
Travel and Per Diem	217.82		1,874.97		(1,657.15)		2,500.00		8.71%	
Telephone	-		7.47		(7.47)		10.00		0.00%	
Postage & Shipping	158.90		1,500.03		(1,341.13)		2,000.00		7.95%	
Copies	-		562.50		(562.50)		750.00		0.00%	
Legal Advertising	202.72		4,875.03		(4,672.31)		6,500.00		3.12%	
Miscellaneous	2,727.31		749.97		1,977.34		1,000.00		272.73%	
Meeting Room	364.00		562.50		(198.50)		750.00		48.53%	
Property Taxes	122.25		112.50		9.75		150.00		81.50%	
Web Site Maintenance	1,590.00		2,099.97		(509.97)		2,800.00		56.79%	
Dues, Licenses, and Fees	175.00		131.22		43.78		175.00		100.00%	
Security	25,695.22		27,749.97		(2,054.75)		37,000.00		69.45%	
Amenity - Pool Maintenance	30,560.00		29,999.97		560.03		40,000.00		76.40%	
Amenity - Access Control Key Fob	8,062.88		3,750.03		4,312.85		5,000.00		161.26%	
Amenity - Janitorial	29,474.00		34,264.44		(4,790.44)		45,685.92		64.51%	
Amenity - Pest Control	920.00		1,125.00		(205.00)		1,500.00		61.33%	
Amenity - Vandalism	210.00		1,874.97		(1,664.97)		2,500.00		8.40%	
Amenity - Security	1,214.92		1,500.03		(285.11)		2,000.00		60.75%	
Amenity - Pool Furniture	-		749.97		(749.97)		1,000.00		0.00%	
Hog Capture	9,600.00		11,250.00		(1,650.00)		15,000.00		64.00%	
Amenity - Miscellaneous	5,240.00		5,625.27		(385.27)		7,500.00		69.87%	
General Insurance	3,275.00		2,475.00		800.00		3,300.00		99.24%	
Property & Casualty	14,714.00		10,962.72		3,751.28		14,617.00		100.66%	
Fountains	275.00		-		275.00		-		0.00%	
Irrigation	14,665.74		13,500.00		1,165.74		18,000.00		81.48%	
Lake Maintenance	12,180.00		34,499.97		(22,319.97)		46,000.00		26.48%	
Landscaping Maintenance & Material	57,196.58		67,500.00		(10,303.42)		90,000.00		63.55%	
Landscape Improvements	7,703.84		18,749.97		(11,046.13)		25,000.00		30.82%	
Contingency Reserve	10,000.00		7,499.97		2,500.03		10,000.00		100.00%	
Hurricane Clean-Up	7,500.00		7,499.97		0.03		10,000.00		75.00%	
Streetlights	95,619.60		80,956.98		14,662.62		107,942.58		88.58%	
Total General & Administrative Expenses	$	406,660.12		$ 445,861.89		$ (39,201.77)		$	594,482.50		68.41%	
Total Expenses	 $	406,660.12 		 $ 445,861.89 		 $ (39,201.77)		 $	594,482.50 			68.41%	
Income (Loss) from Operations	$	195,621.38		$	-		$ 195,621.38		$	-			

Other Income (Expense)

Interest Income	$	20,212.50		$	-		$  20,212.50		$	-	
Total Other Income (Expense)	$	20,212.50		$	-		$  20,212.50		$	-	
Net Income (Loss)	$	215,833.88		$	-		$ 215,833.88		$	-