Lakeside Landings CDD
August 2025 Financial Report

August 31, 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 8/31/2025						

General Fund		
General Fixed Asset Group			
Total	

Assets						
Current Assets						
General Checking Account	$	275,161.02				$	275,161.02	
Reserve Checking Account	263,662.22					263,662.22	
Deposits	13,402.65					13,402.65	
Total Current Assets	$	552,225.89		$	-		$	552,225.89	

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	$	552,225.89		$  8,576,341.49		$	9,128,567.38	

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	159,207.73					159,207.73	
Net Assets, Invd in Capital, Net of Debt
Total Net Assets	

$	552,225.89		$  8,576,341.49

$  8,576,341.49		

$	8,576,341.49
9,128,567.38	

		

Total Liabilities and Net Assets	$	552,225.89		$  8,576,341.49		$	9,128,567.38	

Lakeside Landings CDD
Statement of Activities As of 8/31/2025

General Fund

General Fixed Asset Group

Total

Revenues

On-Roll Assessments	$	602,001.50			$	602,001.50	
Other Income & Other Financing Sources	380.00			380.00	
Total Revenues	$	602,381.50		$	-	$	602,381.50	

Supervisor Fees	$	3,000.00			$	3,000.00	
POL Insurance	2,628.00			2,628.00	
Management	33,750.00			33,750.00	
Engineering	3,375.00			3,375.00	
Property Appraiser	6,392.10			6,392.10	
District Counsel	11,438.24			11,438.24	
Assessment Administration	5,000.00			5,000.00	
Audit	3,400.00			3,400.00	
Travel and Per Diem	266.53			266.53	
Postage & Shipping	841.52			841.52	
Legal Advertising	288.96			288.96	
Meeting Room	364.00			364.00	
Property Taxes	122.25			122.25	
Web Site Maintenance	2,000.00			2,000.00	
Dues, Licenses, and Fees	175.00			175.00	
Security	30,339.22			30,339.22	
Amenity - Pool Maintenance	36,960.00			36,960.00	
Amenity - Access Control Key Fob	10,412.52			10,412.52	
Amenity - Janitorial	36,699.00			36,699.00	
Amenity - Pest Control	1,702.35			1,702.35	
Amenity - Vandalism	210.00			210.00	
Amenity - Security	1,349.92			1,349.92	
Hog Capture	12,000.00			12,000.00	
Amenity - Miscellaneous	11,167.31			11,167.31	
General Insurance	3,275.00			3,275.00	
Property & Casualty	14,714.00			14,714.00	
Fountains	275.00			275.00	
Irrigation	17,960.51			17,960.51	
Lake Maintenance	17,955.00			17,955.00	
Landscaping Maintenance & Material	64,658.44			64,658.44	
Landscape Improvements	9,823.84			9,823.84	
Hurricane Clean-Up	7,500.00			7,500.00	
Streetlights	117,305.97			117,305.97	
Total Expenses	$	467,349.68		$	-	$	467,349.68	

er Revenues (Expenses) & Gains (Losses)
Interest Income	

$	24,175.91				

$	24,175.91	
Total Other Revenues (Expenses) & Gains (Losses)	$	24,175.91		$	-		$	24,175.91	
Change In Net Assets	$	159,207.73		$	-		$	159,207.73	

Net Assets At Beginning Of Year	$	393,018.16		$	8,576,341.49		$	8,969,359.65	

Net Assets At End Of Year	

$	552,225.89		

$	8,576,341.49		

$	9,128,567.38	

Expenses

Oth

Budget to Actual
For the Month Ending 8/31/2025

FY 2025	Percentage Actual	Budget	Variance	Adopted		Spent
Budget

Revenues

On-Roll Assessments	$	602,001.50		$  544,942.31		$	57,059.19		$ 594,482.50		101.26%	
Other Income & Other Financing Sources	380.00		-		380.00		-		0.00%	
Net Revenues	$	602,381.50		$  544,942.31		$	57,439.19		$ 594,482.50		101.33%	

General & Administrative Expenses

Supervisor Fees	$	3,000.00		$	6,416.63		$	(3,416.63)		$	7,000.00		42.86%	
POL Insurance	2,628.00		2,476.87		151.13		2,702.00		97.26%	
Management	33,750.00		41,250.00		(7,500.00)		45,000.00		75.00%	
Field Management	-		916.63		(916.63)		1,000.00		0.00%	
Engineering	3,375.00		9,166.63		(5,791.63)		10,000.00		33.75%	
Property Appraiser	6,392.10		5,958.37		433.73		6,500.00		98.34%	
District Counsel	11,438.24		13,750.00		(2,311.76)		15,000.00		76.25%	
Assessment Administration	5,000.00		4,583.37		416.63		5,000.00		100.00%	
Audit	3,400.00		3,300.00		100.00		3,600.00		94.44%	
Travel and Per Diem	266.53		2,291.63		(2,025.10)		2,500.00		10.66%	
Telephone	-		9.13		(9.13)		10.00		0.00%	
Postage & Shipping	841.52		1,833.37		(991.85)		2,000.00		42.08%	
Copies	-		687.50		(687.50)		750.00		0.00%	
Legal Advertising	288.96		5,958.37		(5,669.41)		6,500.00		4.45%	
Miscellaneous	2,727.31		916.63		1,810.68		1,000.00		272.73%	
Meeting Room	364.00		687.50		(323.50)		750.00		48.53%	
Property Taxes	122.25		137.50		(15.25)		150.00		81.50%	
Web Site Maintenance	2,000.00		2,566.63		(566.63)		2,800.00		71.43%	
Dues, Licenses, and Fees	175.00		160.38		14.62		175.00		100.00%	
Security	30,339.22		33,916.63		(3,577.41)		37,000.00		82.00%	
Amenity - Pool Maintenance	36,960.00		36,666.63		293.37		40,000.00		92.40%	
Amenity - Access Control Key Fob	10,412.52		4,583.37		5,829.15		5,000.00		208.25%	
Amenity - Janitorial	36,699.00		41,878.76		(5,179.76)		45,685.92		80.33%	
Amenity - Pest Control	1,702.35		1,375.00		327.35		1,500.00		113.49%	
Amenity - Vandalism	210.00		2,291.63		(2,081.63)		2,500.00		8.40%	
Amenity - Security	1,349.92		1,833.37		(483.45)		2,000.00		67.50%	
Amenity - Pool Furniture	-		916.63		(916.63)		1,000.00		0.00%	
Hog Capture	12,000.00		13,750.00		(1,750.00)		15,000.00		80.00%	
Amenity - Miscellaneous	8,440.00		6,875.33		1,564.67		7,500.00		112.53%	
General Insurance	3,275.00		3,025.00		250.00		3,300.00		99.24%	
Property & Casualty	14,714.00		13,398.88		1,315.12		14,617.00		100.66%	
Fountains	275.00		-		275.00		-		0.00%	
Irrigation	17,960.51		16,500.00		1,460.51		18,000.00		99.78%	
Lake Maintenance	17,955.00		42,166.63		(24,211.63)		46,000.00		39.03%	
Landscaping Maintenance & Material	64,658.44		82,500.00		(17,841.56)		90,000.00		71.84%	
Landscape Improvements	9,823.84		22,916.63		(13,092.79)		25,000.00		39.30%	
Contingency Reserve	10,000.00		9,166.63		833.37		10,000.00		100.00%	
Hurricane Clean-Up	7,500.00		9,166.63		(1,666.63)		10,000.00		75.00%	
Streetlights	117,305.97		98,947.42		18,358.55		107,942.58		108.67%	
Total General & Administrative Expenses	$	477,349.68		$  544,942.31		$	(67,592.63)		$ 594,482.50		80.30%	
Total Expenses	 $	477,349.68 		 $  544,942.31 		 $	(67,592.63)		 $ 594,482.50 			80.30%	
Income (Loss) from Operations	$	125,031.82		$	-		$  125,031.82		$	-			

Other Income (Expense)

Interest Income	$	24,175.91		$	-	$	24,175.91		$	-	
Total Other Income (Expense)	$	24,175.91		 
$	-	$	24,175.91		$	-	
Net Income (Loss)	$	149,207.73		 
$	-	$  149,207.73		$	-