Alafia Preserve CDD
March 2026 Financial Package

March 31, 2026

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

Statement of Financial Position As of 3/31/2026

General Fund

Assets

Current Assets

General Checking Account	$307.05	
Accounts Receivable - Due from Developer	1,066.62	
Total Current Assets	$1,373.67	

Total Assets	$1,373.67

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$1,066.62	
Deferred Revenue	1,066.62	
Total Current Liabilities	$2,133.24	

Total Liabilities	$2,133.24

Net Assets		
Net Assets - General Government	$458.06	
Current Year Net Assets - General Government	(1,217.63)	
Total Net Assets

Total Liabilities and Net Assets	($759.57)

$1,373.67	

Statement of Activities As of 3/31/2026

General Fund

Revenues

Developer Contributions Total Revenues
Expenses

$7,037.58

$7,037.58

D&O Insurance	$3,685.00	
Additional Insurance	500.00	
Management	750.00	
District Counsel	1,250.00	
Tax Preparation	16.62	
Postage & Shipping	0.74	
Legal Advertising	551.84	
Web Site Maintenance	1,350.00	
Dues, Licenses, and Fees	175.00	
Total Expenses	$8,279.20	

Other Revenues (Expenses) & Gains (Losses)

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

Change In Net Assets

Net Assets At Beginning Of Year

Net Assets At End Of Year

$23.99

$23.99 ($1,217.63)
$458.06

($759.57)

Budget to Actual
For The Month Ending 3/31/2026

Year To Date

FY2026

Actual		Budget		Variance		Adopted Budget	

$
$	

7,037.58
7,037.58		

$
$	

6,505.50
6,505.50		

$
$	

532.08
532.08		

$ 13,011.00
$ 13,011.00	

$

$	
3,685.00
500.00
750.00
1,250.00
16.62
- 0.74
- 551.84
-
- 1,350.00
175.00
8,279.20		
$

$	
1,955.52
250.02
750.00
1,500.00
4.98
7.50
25.02
25.02
499.98
25.02
25.02
1,350.00
87.42
6,505.50		
$

$	
1,729.48
249.98
- (250.00)
11.64
(7.50)
(24.28)
(25.02)
51.86
(25.02)
(25.02)
- 87.58
1,773.70		
$  3,911.00
500.00
1,500.00
3,000.00
10.00
15.00
50.00
50.00
1,000.00
50.00
50.00
2,700.00
175.00
$ 13,011.00	
  $		8,279.20		 $		6,505.50		 $		1,773.70		 $ 13,011.00	
$	(1,241.62)		$	-		$	(1,241.62)			

$
$	
23.99
23.99		
$
$	
-
-		
$	23.99
$	23.99		$	-	
$	(1,217.63)		$	-		$	(1,217.63)		$	-	

Percentage

Revenues
Developer Contributions

Net Revenues
General & Administrative Expenses
D&O Insurance Additional Insurance Management District Counsel
Tax Preparation Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees
Office Supplies
Web Site Maintenance Dues, Licenses, and Fees

Total General & Administrative Expenses Total Expenses
Income (Loss) from Operations

Other Income (Expense)
Interest Income

Total Other Income (Expense)

Net Income (Loss)

54.09%

54.09%

94.22%
100.00%
50.00%
41.67%
166.20%
0.00%
1.48%
0.00%
55.18%
0.00%
0.00%
50.00%
100.00%

63.63%