Amelia National CDD
May 2026 Financial Package

May 31, 2026

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

Statement of Financial Position As of 5/31/2026

	General Fund		Debt Service Fund - 2021		Debt Service Fund - 2006A		Construction
Fund		Long Term Debt Group		Total	
			
Assets									
Current Assets												
General Checking - CNB	$181,766.22										$181,766.22	
State Board of Administration	7,097.52										7,097.52	
CNB Engineering Reserve	28,744.46										28,744.46	
CNB Reserve	123,651.84										123,651.84	
CNB - Aerator Reserve	61,098.18										61,098.18	
Accounts Receivable - Due from Developer	850.00										850.00	
Assessments Receivable	10,388.76										10,388.76	
Prepaid Expenses	2,128.06										2,128.06	
Revenue 2021 Refund			$85,762.60								85,762.60	
Interest 2021 Refund			16.81								16.81	
Prepayment 2021			8,223.82								8,223.82	
Assessments Receivable					$42,014.72						42,014.72	
Debt Service Reserve - 2006A					194,425.17						194,425.17	
Revenue - 2006A					60,315.96						60,315.96	
Prepayment 2006A					13,874.76						13,874.76	
Acquisition/Construction - 2006A							$45,504.87				45,504.87	
Deferred Cost - 2006A							318,084.40				318,084.40	
Total Current Assets	$415,725.04		$94,003.23		$310,630.61		$363,589.27		$0.00		$1,183,948.15	

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

$362,619.12		

$362,619.12	
									4,414,380.88		4,414,380.88	
	$0.00		$0.00		$0.00		$0.00		$4,777,000.00		$4,777,000.00	
Total Assets	$415,725.04		$94,003.23		$310,630.61		$363,589.27		$4,777,000.00		$5,960,948.15	

Current Liabilities	

Liabilities and Net Assets

$3,844.00 10,388.76

$14,232.76	$0.00								
Accounts Payable								$3,844.00	
Deferred Revenue								10,388.76	
Deferred Revenue		$42,014.72						42,014.72	
Total Current Liabilities		$42,014.72		$0.00		$0.00		$56,247.48	

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities									

$4,777,000.00		

$4,777,000.00	
	$0.00		$0.00		$0.00		$0.00		$4,777,000.00		$4,777,000.00	
Total Liabilities	$14,232.76		$0.00		$42,014.72		$0.00		$4,777,000.00		$4,833,247.48	

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government
Total Net Assets	

$183,653.14										

$183,653.14	
	98,665.74										98,665.74	
	119,173.40										119,173.40	
			$106,700.53								106,700.53	
			(12,697.30)								(12,697.30)	
					$379,542.88						379,542.88	
					(110,926.99)						(110,926.99)	
							$327,442.82				327,442.82	
							36,146.47				36,146.47	
							(0.02)				(0.02)	
	$401,492.28		$94,003.23		$268,615.89		$363,589.27		$0.00		$1,127,700.67	
												
Total Liabilities and Net Assets	$415,725.04		$94,003.23		$310,630.61		$363,589.27		$4,777,000.00		$5,960,948.15	

Statement of Activities As of 5/31/2026

	General Fund	
Revenues		
On-Roll Assessments	$244,092.31	
Off-Roll Assessments On-Roll Assessments Other Assessments On-Roll Assessments Off-Roll Assessments Other Assessments Inter-Fund Transfers Inter-Fund Transfers	62,063.93	
Total Revenues	$306,156.24	

Debt Service Fund - 2021	Debt Service Fund - 2006A	

$249,129.37
7,398.48

$256,527.85	

$95,507.54 192,405.26
34,622.94
(28,417.44)

$294,118.30	

$223,000.00 50,194.80

$273,194.80	

$255,000.00 157,621.88
$412,621.88	

$3,969.65

$3,969.65 ($12,697.30)
$106,700.53	

$7,576.59

$7,576.59 ($110,926.99)
$379,542.88	

Construction
Fund		Long Term Debt Group		Total	
				
$244,092.31	
				62,063.93	
				249,129.37	
				7,398.48	
				95,507.54	
				192,405.26	
				34,622.94	

$28,417.44				(28,417.44)
28,417.44	
$28,417.44		$0.00		$885,219.83	
				
$4,400.00	
				4,458.00	
				8,189.01	
				25,400.00	
				7,400.00	
				11,523.95	
				2,500.00	
				6,248.00	
				16,209.00	
				7,500.00	
				4,800.00	
				2,750.00	
				42.10	
				1,108.50	
				23,155.79
1,600.00	
				516.15	
				175.00	
				4,084.01	
				5,050.00	
				4,687.00	
				3,457.00	
				22,000.00	
				22,410.85	
				1,750.00	
				4,440.00	
				223,000.00	
				50,194.80	
				255,000.00	
				157,621.88	
$0.00		$0.00		$881,671.04	
				
$8,871.52	
				3,969.65	
				7,576.59	
$7,729.03				7,729.03	
$7,729.03		$0.00		$28,146.79	
$36,146.47		$0.00		$31,695.58	
$327,442.80		$0.00		$1,096,005.09	

$363,589.27		
$0.00		
$1,127,700.67	

Expenses

Supervisor Fees	$4,400.00	
Public Official Insurance	4,458.00	
Trustee Services	8,189.01	
Management	25,400.00	
Field Management	7,400.00	
Engineering	11,523.95	
Disclosure Agent	2,500.00	
Property Appraiser	6,248.00	
District Counsel	16,209.00	
Assessment Administration	7,500.00	
Audit	4,800.00	
Arbitrage Calculation	2,750.00	
Tax Preparation	42.10	
Legal Advertising	1,108.50	
Contingency/Miscellaneous	23,155.79	
Web Site Maintenance	1,600.00	
Office Misc (Postage, Tel, Copies, Etc.)	516.15	
Dues, Licenses, and Fees	175.00	
Electric	4,084.01	
Wetland Upland Maintenance	5,050.00	
General Insurance	4,687.00	
Repairs & Maintenance-Irrigation/Wetland	3,457.00	
Lake Maintenance	22,000.00	
Landscaping Maintenance & Material	22,410.85	
Lake Improvements Repairs & Maintenance	1,750.00	
Entry Decorations	4,440.00	
Principal Payment		
Interest Payments		
Principal Payments		
Interest Payments		
Total Expenses	$195,854.36	

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

Change In Net Assets

Net Assets At Beginning Of Year

$8,871.52

	 
$8,871.52

$119,173.40

$282,318.88

	 

Net Assets At End Of Year

$401,492.28

$94,003.23	$268,615.89

	 

Amelia National CDD
Budget to Actual
For the Month Ended 5/31/26

Year to Date
Actual	Budget	Variance	Adopted FY
2026 Budget

Percentage Spent

Revenues
On Roll Assessments	$ 244,092.31		$	162,352.41		$	81,739.90		$ 243,528.62		100.23%	
Off Roll Assessments	62,063.93		48,677.59		13,386.34		73,016.38		85.00%	
Net Revenues	$ 306,156.24		$	211,030.00		$	95,126.24		$ 316,545.00		96.72%	

General & Administrative Expenses
Supervisor Fees	$	4,400.00		$	4,666.67		$	(266.67)		$	7,000.00		62.86%	
Public Official Insurance	4,458.00		2,553.33		1,904.67		3,830.00		116.40%	
Trustee Fees	8,189.01		5,531.17		2,657.84		8,296.76		98.70%	
District Management Fees	25,400.00		25,400.00		-		38,100.00		66.67%	
Field Management Fees	7,400.00		7,400.00		-		11,100.00		66.67%	
District Engineer	11,523.95		3,333.33		8,190.62		5,000.00		230.48%	
District Engineer - Reserves	-		1,333.33		(1,333.33)		2,000.00		0.00%	
Engineering Inspections - Reserves	-		3,333.33		(3,333.33)		5,000.00		0.00%	
Disclosure Agent	2,500.00		3,333.33		(833.33)		5,000.00		50.00%	
Property Appraiser Fee	6,248.00		4,333.33		1,914.67		6,500.00		96.12%	
District Counsel	16,209.00		2,666.67		13,542.33		4,000.00		405.23%	
Assessment Administration	7,500.00		5,000.00		2,500.00		7,500.00		100.00%	
Re-amortization Schedule	-		333.33		(333.33)		500.00		0.00%	
Audit Fees	4,800.00		3,200.00		1,600.00		4,800.00		100.00%	
Arbitrage	2,750.00		666.67		2,083.33		1,000.00		0.00%	
Tax Document Preparation Fee	42.10		32.00		10.10		48.00		0.00%	
Legal Advertising	1,108.50		666.67		441.83		1,000.00		110.85%	
Bank Fees	-		66.67		(66.67)		100.00		0.00%	
Contingency/Miscellaneous	23,155.79		18,854.00		4,301.79		28,281.00		0.00%	
Website Maintenance	1,600.00		1,800.00		(200.00)		2,700.00		59.26%	
Office Misc (Phone/Postage/Copies/Supplies/etc)	516.15		500.00		16.15		750.00		68.82%	
Dues, Licenses & Fees	175.00		116.67		58.33		175.00		100.00%	
Electric	4,084.01		6,666.67		(2,582.66)		10,000.00		40.84%	
Wetlands Water Table Management	5,050.00		3,400.00		1,650.00		5,100.00		99.02%	
General Insurance	4,687.00		3,318.80		1,368.20		4,978.20		94.15%	
Crime Insurance	-		333.33		(333.33)		500.00		0.00%	
Repairs & Maintenance - Entry	-		3,333.33		(3,333.33)		5,000.00		0.00%	
Repairs & Maintenance - Irrigation/wetland tree maintenance	3,457.00		5,333.33		(1,876.33)		8,000.00		43.21%	
Lake Maintenance	22,000.00		25,666.67		(3,666.67)		38,500.00		57.14%	
Landscape Maintenance	22,410.85		35,857.36		(13,446.51)		53,786.04		41.67%	
Landscape Improvement	-		2,666.67		(2,666.67)		4,000.00		0.00%	
Lake Improvements Repairs and Maint	1,750.00		2,666.67		(916.67)		4,000.00		43.75%	
Lake Treatment	-		3,333.33		(3,333.33)		5,000.00		0.00%	
Entry Decorations	4,440.00		3,333.33		1,106.67		5,000.00		88.80%	
Lake Improvements/Aerators New	-		20,000.00		(20,000.00)		30,000.00		0.00%	
Total General & Administrative Expenses	$ 195,854.36		$	211,030.00		$  (15,175.64)		$ 316,545.00		61.87%	
Income (Loss) from Operations	$ 110,301.88	$	-	$ 110,301.88	$	- Other Income (Expense)
Interest Income	$	8,871.52		$	-	$	8,871.52		$	-	
Total Other Income (Expense)	$	8,871.52		 
$	-	$	8,871.52		$	-	
Net Income (Loss)	$ 119,173.40		$	-		$	119,173.40		$	-