Winter Garden Village at Fowler Groves CDD
June 2025 Financial Package

June 30, 2025

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

General Fund	Debt Service		Capital Projects Fund	Long Term Debt Group	Total	
	Fund					

Assets				

$335,479.28			
$335,479.28	
165,498.24			165,498.24	
601.60			601.60	
	$7,596.60		7,596.60	
	651,282.00		651,282.00	
	1,024,010.67		1,024,010.67	
	5,191.87		5,191.87	
$501,579.12	$1,688,081.14		$0.00	$0.00

$1,680,484.54 14,054,515.46	$2,189,660.26

$1,680,484.54 14,054,515.46	
$0.00	$0.00		$0.00	$15,735,000.00	$15,735,000.00	
$501,579.12	$1,688,081.14		$0.00	$15,735,000.00	$17,924,660.26	

Statement of Financial Position As of 6/30/2025

Current Assets
General Checking Account Money Market Account Prepaid Expenses
Due From Other Funds
Debt Service Reserve 2016A Revenue 2016A
General 2016A
Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

	  

	  

	  

Liabilities and Net Assets

Current Liabilities Accounts Payable Due To Other Funds
Total Current Liabilities

Long Term Liabilities

$42,680.19 7,596.60

$50,276.79	$0.00	$0.00

$0.00

$42,680.19 7,596.60
$50,276.79

Revenue Bonds Payable - Long-Term							$15,735,000.00		$15,735,000.00	
Total Long Term Liabilities	$0.00		$0.00		$0.00		$15,735,000.00		$15,735,000.00	

    

Total Liabilities

Net Assets

$50,276.79	$0.00	$0.00

$15,735,000.00	$15,785,276.79

Net Assets, Unrestricted	$48,313.88								$48,313.88	
Net Assets - General Government	327,303.13								327,303.13	
Current Year Net Assets - General Government	75,685.32								75,685.32	
Net Assets, Unrestricted			$1,848,415.04						1,848,415.04	
Current Year Net Assets, Unrestricted			(19,113.90)						(19,113.90)	
Net Assets - General Government			(141,220.00)						(141,220.00)	
Net Assets, Unrestricted					$48,551.67				48,551.67	
Net Assets - General Government					(48,551.67)				(48,551.67)	
Total Net Assets	$451,302.33		$1,688,081.14		$0.00		$0.00		$2,139,383.47	
										
Total Liabilities and Net Assets	$501,579.12		$1,688,081.14		$0.00		$15,735,000.00		$17,924,660.26	

Statement of Activities As of 6/30/2025

General Fund	Debt Service
Fund		

Capital Projects Fund		

Long Term Debt Group		

Total	

$127,052.24

$127,052.24		

$1,602,451.51
$1,602,451.51		

$0.00		

$0.00		
$127,052.24 1,602,451.51
$1,729,503.75	

$800.00 7,255.71
16,125.03
9,352.50
1,000.00
12,133.00
5,000.00
4,100.00
500.00
18.39
221.46
960.19
1,590.00
175.00
7,651.00

$66,882.28		

$1,015,000.00 661,106.26
$1,676,106.26		

$0.00		

$0.00		
$800.00 7,255.71
16,125.03
9,352.50
1,000.00
12,133.00
5,000.00
4,100.00
500.00
18.39
221.46
960.19
1,590.00
175.00
7,651.00
1,015,000.00
661,106.26
$1,742,988.54	

$15,515.36

$15,515.36

$75,685.32

$375,617.01		

$54,540.85
$54,540.85 ($19,113.90)
$1,707,195.04		

$0.00

$0.00

$0.00		

$0.00

$0.00

$0.00		
$15,515.36 54,540.85
$70,056.21

$56,571.42

$2,082,812.05	

$451,302.33		
$1,688,081.14		
$0.00		
$0.00		
$2,139,383.47	

Revenues
On-Roll Assessments On-Roll Assessments
Total Revenues

Expenses
Supervisor Fees Trustee Services Management Engineering Disclosure District Counsel
Assessment Administration Audit
Arbitrage
Postage & Shipping Legal Advertising Contingency
Web Site Maintenance Dues, Licenses, and Fees General Insurance Principal Payment Interest Payments
Total Expenses

Other Revenues (Expenses) & Gains (Losses)
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

Winter Garden Village at Fowler Groves	
Budget to Actual	
For The Month Ending 6/30/2025	

Year To Date	
FY 2025	
	Actual			Budget			Variance		Adopted		Percentage	
Budget	

$	
127,052.24		
$	
95,268.78		
$	
31,783.46		
$ 127,025.00		
100.02%	
	83,996.28			83,996.28			-		111,995.00		75.00%	
$	211,048.52		$	179,265.06		$	31,783.46		$ 239,020.00		88.30%	

$	
800.00		
$	
600.03		
$	
199.97		
$	
800.00		
100.00%	
	7,255.71			7,499.97			(244.26)		10,000.00		72.56%	
	16,125.03			16,125.03			-		21,500.00		75.00%	
	9,352.50			15,000.03			(5,647.53)		20,000.00		46.76%	
	1,000.00			1,125.00			(125.00)			1,500.00		66.67%	
	-			3,750.03			(3,750.03)			5,000.00		0.00%	
	12,133.00			41,249.97			(29,116.97)		55,000.00		22.06%	
	5,000.00			3,750.03			1,249.97			5,000.00		100.00%	
	-			187.47			(187.47)			250.00		0.00%	
	4,100.00			3,150.00			950.00			4,200.00		97.62%	
	500.00			375.03			124.97			500.00		100.00%	
	18.39			112.50			(94.11)			150.00		12.26%	
	-			112.50			(112.50)			150.00		0.00%	
	221.46			1,500.03			(1,278.57)			2,000.00		11.07%	
	960.19			2,250.00			(1,289.81)			3,000.00		32.01%	
	-			225.00			(225.00)			300.00		0.00%	
	-			74.97			(74.97)			100.00		0.00%	
	1,590.00			1,890.00			(300.00)			2,520.00		63.10%	
	-			5,625.00			(5,625.00)			7,500.00		0.00%	
	175.00			150.03			24.97			200.00		87.50%	
	7,651.00			7,012.53			638.47			9,350.00		81.83%	
	-			45,000.00			(45,000.00)		60,000.00		0.00%	
	-			3,750.03			(3,750.03)			5,000.00		0.00%	
	-			18,749.88			(18,749.88)		25,000.00		0.00%	
$	66,882.28		$	179,265.06		$	(112,382.78)		$ 239,020.00		27.98%	
 $		66,882.28		 $ 	179,265.06		 $		(112,382.78)		  $		-			
$	144,166.24		$	-		$	144,166.24		$	-			

$	
15,515.36		
$	
-		
$	15,515.36		
$	
-			
$	15,515.36		$	-		$	15,515.36		$	-			
$	159,681.60		$	-		$	159,681.60		$	-			

Revenues
On-Roll Assessments Carry Forward Revenue
Net Revenues
General & Administrative Expenses
Supervisor Fees Trustee Services Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedule Audit
Arbitrage
Postage & Shipping Copies
Legal Advertising Contingency Meeting Room Office Supplies
Web Site Maintenance Field Supplies (Other) Dues, Licenses, and Fees General Insurance
Pond Maintenance Hurricane Cleanup Reserve
Total General & Administrative Expenses Total Expenses
Income (Loss) from Operations

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

Net Income (Loss)