Donaldson Knoll CDD
December 2025 Financial Package

December 31, 2025

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

Statement of Financial Position As of 12/31/2025

General Fund

Assets

Current Assets

General Checking Account	$254.48	
Accounts Receivable - Due from Developer	3,049.21	
Total Current Assets	$3,303.69	

Total Assets	$3,303.69

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$2,874.21	
Deferred Revenue	3,049.21	
Total Current Liabilities	$5,923.42	

Total Liabilities	$5,923.42

Net Assets

Net Assets - General Government	($374.77)	
Current Year Net Assets - General Government	(2,244.96)	
Total Net Assets	($2,619.73)	
		
Total Liabilities and Net Assets	$3,303.69	

Statement of Activities As of 12/31/2025

General Fund

Revenues

Developer Contributions Total Revenues
Expenses

$7,199.00

$7,199.00

D & O Insurance	$3,014.00	
Additional Insurance	500.00	
Management	375.00	
District Counsel	500.00	
Postage & Shipping	0.74	
Legal Advertising	823.47	
Web Site Maintenance	375.00	
Dues, Licenses, and Fees	175.00	
General Insurance	3,685.00	
Total Expenses	$9,448.21	

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

$4.25

$4.25 ($2,244.96)
($374.77)

($2,619.73)

Budget to Actual
For The Month Ending 12/31/2025

Year To Date

Actual	Budget	Variance

FY26
Adopted Budget

Percentage

Revenues

Developer Contributions	$	7,199.00		$	4,102.26		$	3,096.74		$ 16,409.00		43.87%	
Net Revenues	$	7,199.00		$	4,102.26		$	3,096.74		$ 16,409.00		43.87%	
General & Administrative Expenses

D & O Insurance	$	3,014.00		$	799.50	$	2,214.50		$	3,198.00		94.25%	
Additional Insurance	500.00		125.01	374.99		500.00		100.00%	
Management	375.00		375.00	-		1,500.00		25.00%	
District Counsel	500.00		750.00	(250.00)		3,000.00		-	
Tax Preparation	-		2.49	(2.49)		10.00		-	
Telephone	-		3.75	(3.75)		15.00		-	
Postage & Shipping	0.74		12.51	(11.77)		50.00		-	
Copies	-		12.51	(12.51)		50.00		-	
Legal Advertising	823.47		312.51	510.96		1,250.00		65.88%	
Bank Fees	-		6.24	(6.24)		25.00		-	
Office Supplies	-		6.24	(6.24)		25.00		-	
Web Site Maintenance	375.00		675.00	(300.00)		2,700.00		13.89%	
Dues, Licenses, and Fees	175.00		43.74	131.26		175.00		100.00%	
General Insurance	3,685.00		977.76	2,707.24		3,911.00		94.22%	
Total General & Administrative Expenses	$	9,448.21		 
$	4,102.26	$	5,345.95		$ 16,409.00		57.58%	
Total Expenses	  $	9,448.21		  $	4,102.26	 $	5,345.95		 $ 16,409.00			
Income (Loss) from Operations	$	(2,249.21)		$	-	$	(2,249.21)		$	-			

Other Income (Expense)

Interest Income	$	4.25		$	-	$	4.25		$	-	
Total Other Income (Expense)	$	4.25		$	
-	$	4.25		$	-	
Net Income (Loss)	$	(2,244.96)		$	
-	$	(2,244.96)		$	-