Lakeside Landings CDD
October 2025 Financial Report

October 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 10/31/2025	
	
General Fund		
General Fixed Asset Group			
Total	

Assets	
Current Assets								
General Checking Account	$	92,740.27				$	92,740.27	
Reserve Checking Account		265,371.56					265,371.56	
Assessments Receivable		694,923.22					694,923.22	
Deposits		19,090.15					19,090.15	
Total Current Assets	$	1,072,125.20		$	-		$	1,072,125.20	

Property, Plant & Equipment Other Fixed Assets (2007) Other Fixed Assets (2008)
Total Property, Plant & Equipment	

$
$			

$  7,652,859.49		

$	

7,652,859.49	
		-		923,482.00			923,482.00	
		-		$  8,576,341.49		$	8,576,341.49	
Total Assets	$ 1,072,125.20		$  8,576,341.49		$	9,648,466.69	

Liabilities and Net Assets	
Current Liabilities Accounts Payable Deferred Revenue
Total Current Liabilities	
$

$	
252.00				
$	
252.00	
		694,923.22					694,923.22	
		695,175.22		$	-		$	695,175.22	
Total Liabilities	$	695,175.22		$	-		$	695,175.22	

Net Assets
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Invd in Capital, Net of Debt
Total Net Assets	

$	

461,259.07					

461,259.07	
		(84,309.09)					(84,309.09)	
				$  8,576,341.49			8,576,341.49	
		376,949.98		$  8,576,341.49		$	8,953,291.47	
							
Total Liabilities and Net Assets	$ 1,072,125.20		$  8,576,341.49		$	9,648,466.69	

Lakeside Landings CDD
Statement of Activities As of 10/31/2025

General Fund	General Fixed
Asset Group

Total

Revenues

Other Income & Other Financing Sources	$	10.00		$	10.00	
Total Revenues	$	10.00		$	-	$	10.00	

Expenses

POL Insurance	$	2,786.00		$	2,786.00	
Property Appraiser	7,472.31		7,472.31	
Janitorial Service	2,875.00		2,875.00	
Web Site Maintenance	125.00		125.00	
Dues, Licenses, and Fees	175.00		175.00	
Security	1,296.00		1,296.00	
Electric	11,643.78		11,643.78	
Amenity - Pool Maintenance	3,200.00		3,200.00	
Amenity - Pest Control	117.00		117.00	
Amenity - Security	270.00		270.00	
General Insurance	3,402.00		3,402.00	
Property & Casualty	15,149.00		15,149.00	
Other Insurance	500.00		500.00	
General Repair & Maintenance	28,475.00		28,475.00	
Landscaping Maintenance & Material	8,124.66		8,124.66	
Total Expenses	$	85,610.75		$	-	$	85,610.75	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$	1,291.66		$	1,291.66	
Total Other Revenues (Expenses) & Gains (Losses)	$	1,291.66		$	-	$	1,291.66	

Change In Net Assets

$ (84,309.09)	$

-	$	(84,309.09)

Net Assets At Beginning Of Period

$ 461,259.07

$ 8,576,341.49

$ 9,037,600.56

		

Net Assets At End Of Period

$ 376,949.98

$ 8,576,341.49

$ 8,953,291.47

		

Lakeside Landings CDD
Budget to Actual
For the Month Ending 10/31/2025

Actual		
Budget		
Variance		FY 2026
Adopted Budget	Percentage Spent	

Revenues
On-Roll Assessments
Other Income & Other Financing Sources	

$	

- 10.00	

$	

57,910.27
-	

$	

(57,910.27)
10.00	

$	

694,923.22
-	

0.00%
0.00%	

Net Revenues	$	10.00	$	57,910.27	$	(57,900.27)	$  694,923.22	0.00%

Administrative Expenses

-	$	666.67	$	(666.67)	$	8,000.00	0.00%	
2,786.00	240.90	2,545.10	2,890.80	96.37%	
-	3,750.00	(3,750.00)	45,000.00	0.00%	
-	833.33	(833.33)	10,000.00	0.00%	

Supervisor Fees	$
POL Insurance Management Engineering
Property Appraiser	7,472.31		541.67		6,930.64		6,500.00		114.96%	
District Counsel	-		1,250.00		(1,250.00)		15,000.00		0.00%	
Assessment Administration	-		416.67		(416.67)		5,000.00		0.00%	
Audit	-		300.00		(300.00)		3,600.00		0.00%	
Travel and Per Diem	-		83.33		(83.33)		1,000.00		0.00%	
Postage & Shipping	-		166.67		(166.67)		2,000.00		0.00%	
Copies	-		33.33		(33.33)		400.00		0.00%	
Legal Advertising	-		83.33		(83.33)		1,000.00		0.00%	
Meeting Room	-		142.67		(142.67)		1,712.00		0.00%	
Property Taxes	-		12.50		(12.50)		150.00		0.00%	
Web Site Maintenance	125.00		233.33		(108.33)		2,800.00		4.46%	
Dues, Licenses, and Fees	175.00		14.58		160.42		175.00		100.00%	
Total Administrative Expenses	$	10,558.31		$	8,768.98		$	1,789.33		$  105,227.80		10.03%	
Amenity Expenses										

$	1,296.00	$	3,333.33	$	(2,037.33)	$	40,000.00	3.24%	
11,643.78	9,166.67	2,477.11	110,000.00	10.59%	
-	377.39	(377.39)	4,528.68	0.00%	
3,200.00	3,333.33	(133.33)	40,000.00	8.00%	
-	2,000.00	(2,000.00)	24,000.00	0.00%	
2,875.00	3,833.33	(958.33)	46,000.00	6.25%	
117.00	125.00	(8.00)	1,500.00	7.80%	

Security Electric
Amenity - Irrigation Repairs Amenity - Pool Maintenance Amenity - Access Control Key Fob Amenity - Janitorial
Amenity - Pest Control
Amenity - Vandalism	-		208.33		(208.33)		2,500.00		0.00%	
Amenity - Security	270.00		166.67		103.33		2,000.00		13.50%	
Amenity - Pool Furniture	-		83.33		(83.33)		1,000.00		0.00%	
Amenity - Pool Resurface	-		6,666.67		(6,666.67)		80,000.00		0.00%	
Amenity - Miscellaneous	-		833.33		(833.33)		10,000.00		0.00%	
Contingency Reserve	-		833.35		(833.35)		10,000.00		0.00%	
Total Amenity Expenses	$	19,401.78		$	30,960.73		$	(11,558.95)		$  371,528.68		5.22%	
Insurance Expenses										
General Insurance	$	3,402.00	$	294.16	$	3,107.84	$	3,529.90	96.38%	
Property & Casualty	15,149.00		1,354.83		13,794.17		16,258.00		93.18%	
Other Insurance	500.00		-		500.00		-		0.00%	
Total Insurance Expenses	$	19,051.00		$	1,648.99		$	17,402.01		$	19,787.90		96.28%	

$	-	$	833.33	$	(833.33)	$	10,000.00	0.00%	
-	1,200.00	(1,200.00)	14,400.00	0.00%	
28,475.00	-	28,475.00	-	0.00%	

Field Expenses Hurricane Clean-Up Hog Capture
General Repair & Maintenance

Irrigation	-		1,998.24		(1,998.24)		23,978.84		0.00%	
Lake Maintenance	-		2,500.00		(2,500.00)		30,000.00		0.00%	
Landscaping Maintenance & Material	8,124.66		7,916.67		207.99		95,000.00		8.55%	
Landscape Improvements	-		2,083.33		(2,083.33)		25,000.00		0.00%	
Total Field Expenses	$	36,599.66		$	16,531.57		$	20,068.09		$  198,378.84		18.45%	
										
Total Expenses	$	85,610.75		$	57,910.27		$	27,700.48		$  694,923.22		12.32%	

Income (Loss) from Operations	
$	(85,600.75)		
$	-		
$	(85,600.75)		
$	-			

Other Income (Expense)

Interest Income	$	1,291.66		$	-	$	1,291.66		$	-	
Total Other Income (Expense)	$	1,291.66		 
$	-	$	1,291.66		$	-	
Net Income (Loss)	$	(84,309.09)		 
$	-	$	(84,309.11)		$	-