Eagle Ridge CDD
March 2025 Financial Package

March 31, 2025

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

Statement of Financial Position As of 3/31/2025

General Fund

Assets

Current Assets

General Checking Account	$819.80	
Accounts Receivable - Due from Developer	3,035.47	
Total Current Assets	$3,855.27	

Total Assets	$3,855.27

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$3,030.64	
Deferred Revenue	3,035.47	
Total Current Liabilities	$6,066.11	

Total Liabilities	$6,066.11

Net Assets
Net Assets - General Government
Current Year Net Assets - General Government

Total Net Assets

Total Liabilities and Net Assets	
$605.20 (2,816.04)
($2,210.84)

$3,855.27	

Statement of Activities As of 3/31/2025

General Fund

Revenues

Developer Contributions Total Revenues
Expenses

$3,968.00

$3,968.00

Insurance	$3,308.00	
Management	750.00	
District Counsel	1,000.00	
Postage & Shipping	8.28	
Legal Advertising	194.97	
Web Site Maintenance	1,370.00	
Dues, Licenses, and Fees	175.00	
Total Expenses	$6,806.25	

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

$22.21

$22.21 ($2,816.04)
$605.20

($2,210.84)

Budget to Actual
For The Month Ending 3/31/2025

Year To Date	
Actual	Budget	Variance	FY2025
Adopted Budget	Percentage	

$3,968.00	

$6,046.50	

$(2,078.50)	

$12,093.00	

32.81%	
$3,968.00	$6,046.50	$(2,078.50)	$12,093.00	32.81%	

$3,308.00	
$1,774.98	
$1,533.02	
$3,550.00	
93.18%	
750.00	750.00	-	1,500.00	50.00%	
1,000.00	1,500.00	(500.00)	3,000.00	33.33%	
-	7.50	(7.50)	15.00	0.00%	
8.28	25.02	(16.74)	50.00	16.56%	
-	25.02	(25.02)	50.00	0.00%	
194.97	526.50	(331.53)	1,053.00	18.52%	
-	25.02	(25.02)	50.00	0.00%	
-	25.02	(25.02)	50.00	0.00%	
1,370.00	1,300.02	69.98	2,600.00	52.69%	
175.00	87.42	87.58	175.00	100.00%	
$6,806.25	$6,046.50	$759.75	$12,093.00	56.28%	
	$6,806.25

$(2,838.25)		$6,046.50

$0.00		$759.75

$(2,838.25)	 $12,093.00 	56.28%

$0.00	

$22.21	
$0.00	
$22.21	
$0.00	

Revenues
Developer Contributions

Net Revenues
General & Administrative Expenses
Insurance Management District Counsel 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)	$22.21		$0.00		$22.21		$0.00	
Net Income (Loss)	$(2,816.04)		$0.00		$(2,816.04)		$0.00