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.   Proposed FY 2025-26 Budget & Assessments Click Link Below Proposed Budget FT 2025-26 Proposed Assessments FY 2025-26     Adopted FY 2024-25 Budget & Assessments Click Link Below Adopted Budget FY 2024-25 Adopted Assessments FY 2024-25       Prior Years Budgets & Assessments   Adopted FY 2023-24 Click Link Below Adopted Budget FY2023-24 Adopted Assessments FY 2023-24   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 2023-24)   Prior Year Audit Report (FY 2022-23)   Prior Years FY 20015-2024 (Link)    Financial Reporting All Years   Multi -Year AFR Online, Return To CDD     Updated May 12, 2025

Tampa Palms CDD Board Financial Analysis Feb 2025 Meeting (FY Oct 1, 2024 - Sept 30, 2025)              Period Ending April 30, 2025      Executive Summary The District had a $ 5.2 million cash balance, net of liabilities, at the end of the first seven months of fiscal year 2023-24. 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  $1.8 K at the end of calendar year 2025. (Details provided below.) FY 2024-25 YTD Budget Performance Revenue Assessment revenue collected as of April is net $3,066 K which is 99 % and on target for the collection cycle for the fiscal year. An additional $8 K was collected in April but not deposited until May so it is not reflected in these financial statements. Expenses The total expenses, for both normal operations and projects is $10 K under budget for the year Normal Operations   Normal Operations overall display a modest positive variance of  $138 K. The sole meaningful negative variances displayed is for the Irrigation Maintenance which is substantially due to number of irrigation repairs brought about by both Hurricane Helene (minimal) and Hurricane Milton (substantial). Project Driven   The project driven line items display a negative variance of $128K, inclusive of both the wall restorations and hurricane restoration projects. Were the hurricane projects removed, the result  These will be funded from the assigned funds by amendment at fiscal year-end. Forecast Budget Performance Calendar Year 2025 Sources of Funds (Shown $000) Cash Balance 4/30/2025                                                $ 5,493 Collected May 2025                                                                 8 Collections Prior to Dec 2025 Receipts                                 24 Total Sources of Funds                                                   $ 5,525   Uses of Funds Bal FY 2024-25 Expenses                                   ( $1,339) Weather Damage                                                        (400) Community-Wide Wall & Monument                         (100) Pond Improvements/Restoration                                 (700) 1st Qtr FY 2023-24 Expenses Operations                 (679) Infrastructure Replacement Contingency                    (135) TP Signature Projects (unspent) _____________      (329)                                                                               ($ 3,682)  Projected Unallocated Balance Dec, 2025                     $1,843    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