Tampa Palms CDD Financial Information

Links To Information The Tampa Palms Community CDD levies a  non-ad valorem assessment and no other tax or surcharge.   Adopted FY 2024-25 Budget & Assessments Click Link Below Adopted Budget FY 2024-25 Adopted Assessments FY 2024-25   Adopted FY 2023-24 Click Link Below Adopted Budget FY2023-24 Adopted Assessments FY 2023-24 Prior Years Budgets & Assessments   Adopted FY 2022-23 Click Below Adopted Budget FY 2022-23 Adopted Assessments 2022-23   Adopted FY 2021-22 Adopted Budget (link) Adopted Assessments (link)   Adopted FY 2020-21 (No change from FY 2019-20) Adopted Budget (Link) Adopted Assessments (Link)   Adopted FY 2019-20 Adopted Budget (Link) Adopted FY 2019-20 Assessments (Link)     Audits   Prior Year Audit Report (FY 2022-23)   Prior Years FY 20015-2022 (Link)    Financial Reporting All Years   Multi -Year AFR Online, Return To CDD     Updated February 15, 2025

Tampa Palms CDD Board Financial Analysis Feb 2025 Meeting (FY Oct 1, 2024 - Sept 30, 2025)              Period Ending December 31, 2024      Executive Summary The District has $5.1 million cash balance, net of liabilities, at the end of the first three months of fiscal year 2024-25. The District’s cash planning includes FY 2024-25 budgeted expenses, FY 2025-26 forecast Q1 expenses, along with other contingent liabilities that result in a forecast of an unallocated fund balance of approximately  $ 1,885K at the end of calendar year 2025. (Details provided below.) FY 2024-25 YTD Budget Performance Revenue Assessment revenue collected as of December is net $1,485 K (40%) which is substantially below this time other years for several reasons; (1) the extension of payment discount period due to Hurricane Milton and (2) the timing of reported receipts for December. During the first week of January (not part of the Dec financial statements) the CDD received $1.3 Million, a substantial rebound. Expenses Normal Operations   Normal Operations overall display a positive variance of $118 K, mostly the result of timing, holidays and other delays. There are no meaningful negative variances in any line items. Project Driven Project Driven lines items display a negative variance of $103K, primarily due to the hurricane restorations. Forecast Budget Performance Calendar Year 2025 Sources of Funds (Shown $000) Cash Balance 12/31/2024                                              $ 5,124 Collected Jan 2025                                                            1,300 Collections Prior to Dec 2025 Receipts                               334 Total Sources of Funds                                                   $ 6,758   Uses of Funds Bal FY 2024-25 Expenses                                   ( $2,440) Weather Damage                                                        (400) Community-Wide Wall & Monument                         (100) Pond Improvements/Restoration                                 (700) 1st Qtr FY 2023-24 Expenses Operations                 (679) Infrastructure Replacement Contingency                    (135) TP Signature Projects (unspent) _____________      (329)                                                                               ($ 4,873)  Projected Unallocated Balance Dec, 2025                     $1,885    Outlook The District outlook is consistent with the FY 2024-25 budget. There are no known significant budget variances that suggest performing otherwise.

The CDD Board of Supervisors Meets Monthly (Usually Not Meeting in Dec)   When: 6:00 PM, 2nd Wednesday of Each Month Place: Compton Park General Purpose Room 16101 Compton Drive 813 977-3337 Contact Information CDD Office 16311 Tampa Palms Bvd Tampa, Fl 33647 813 977-3933 813 977-6571 FAX CDD.Tampa@verizon.net