Celebration Pointe No.1 CDD
December 2025 Financial Package

December 31, 2025

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

Celebration Pointe CDD No. 1	
Statement of Financial Position	
As of 12/31/2025	

General Fund	Parking Garage	Series 2014 Debt	Series 2017 Debt	Series 2021 Debt	Series 2014	Series 2017	Series 2021	Long Term Debt	Total	
		Service Fund	Service Fund	Service Fund	Construction	Construction	Contruction	Group		
					Fund	Fund	Fund			

Current Assets		
General Checking Account	$	335,880.09	
Accounts Receivable - Due from Developer	150,397.55	
Assessments Receivable	675,741.28	
General Checking Account		
Parking Garage Checking		
Accounts Receivable- Due from Developer		
Deposits		
Assessments Receivable		
Due From Other Funds		
Debt Service Reserve Series 2014		
Revenue Series 2014		
Prepayment Series 2014		
Transportation Improvement Bond		
Assessments Receivable		
Due From Other Funds		
Debt Service Reserve Series 2017		
Revenue Series 2017		
Prepayment Series 2017		
Assessments Receivable		
Due From Other Funds		
Debt Service Reserve 2021 Bond		
Revenue 2021 Bond		
Prepayment 2021 Bond		
Deferred Cost Series 2014		
Acquisition/Construction Series 2017		
Deferred Cost Series 2017		
Acquisition/Construction 2021 Bond		
Acquisition/Construction 2021 Equity		
Total Current Assets	$  1,162,018.92	

$	335,880.09	
150,397.55	
675,741.28	
8,525.63	
32.25	
250,902.38	
6,449.00	
23,075.63	
106,796.24	
430,335.81	
646,462.43	
4,877.46	
423,146.95	
19,979.99	
92,469.69	
338,651.56	
526,692.61	
3,224.40	
14,599.91	
27,026.89	
591,201.06	
34,485.82	
1,975.79	
474,875.28	
58,400.91	
414,667.15	
1,905.56	
0.32	
$	5,662,779.64	

Assets

$	8,525.63	
32.25	
250,902.38	
6,449.00	

$	23,075.63	
106,796.24	
430,335.81	
646,462.43	
4,877.46	
423,146.95	

$	19,979.99	
92,469.69	
338,651.56	
526,692.61	
3,224.40	

$	14,599.91	
27,026.89	
591,201.06	
34,485.82	
1,975.79	

$	1,905.56	
0.32	
$	1,905.88	

$	474,875.28
$	58,400.91	
414,667.15	

$	265,909.26	$	1,634,694.52	$	981,018.25	$	669,289.47	$	474,875.28	$  473,068.06	$	-

 Investments 	
Amount Available in Debt Service Funds	
Amount To Be Provided	

$ 3,001,053.89	
70,713,946.11	

$	3,001,053.89	
70,713,946.11	

$	-	$	-	$	-	$	-	$	-	$	-	$	-	$ 73,715,000.00	$	73,715,000.00

Total Assets	$  1,162,018.92	$	265,909.26	$	1,634,694.52	$	981,018.25	$	669,289.47	$	474,875.28	$  473,068.06	$	1,905.88	$ 73,715,000.00	$	79,377,779.64

 Liabilities and Net Assets 

 Current Liabilities  Accounts Payable Deferred Revenue Sales Tax Payable
Parking Garage Accounts Payable Deferred Revenue
Deferred Revenue Due to Bond Holders Deferred Revenue Due to Bond Holders Deferred Revenue Due to Bond Holders
Total Current Liabilities

 Long Term Liabilities 	
Revenue Bonds Payable - Long-Term	

$	157,576.63	
826,138.83	
25.52	

$	299,979.61	
230,920.38	

$	23,075.63	
2,122,612.50	

$	19,979.99	
1,863,000.00	

$	983,740.98	$	530,899.99	$	2,145,688.13	$	1,882,979.99

$	-	$	-	$	-	$	-

$	157,576.63	
826,138.83	
25.52	
299,979.61	
230,920.38	
23,075.63	
2,122,612.50	
19,979.99	
1,863,000.00	
14,599.91	
811,250.00	
$	6,369,159.00	

$	14,599.91	
811,250.00	
$	825,849.91	

$ 73,715,000.00	$	73,715,000.00

Total Investments	$	-	

        

Total Long Term Liabilities	$	-	

$	-	$	-	$	-	$	-	$	-	$	-	$	-	$ 73,715,000.00	$	73,715,000.00

Total Liabilities	$	983,740.98	$	530,899.99	$	2,145,688.13	$	1,882,979.99	$	825,849.91	$	-	$	-	$	-	$ 73,715,000.00	$	80,084,159.00

Celebration Pointe CDD No. 1	
Statement of Financial Position	
As of 12/31/2025	

General Fund	Parking Garage	Series 2014 Debt	Series 2017 Debt	Series 2021 Debt	Series 2014	Series 2017	Series 2021	Long Term	Total	
		Service Fund	Service Fund	Service Fund	Construction	Construction	Contruction	Debt Group		
					Fund	Fund	Fund			

 Net Assets 		
Net Assets - General Government	$	184,098.37	
Current Year Net Assets - General Government	(5,820.43)	

	
$	184,098.37	
(5,820.43)	

Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	

Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
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, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	

Total Net Assets

Total Liabilities and Net Assets

(240,943.22)

$	(240,943.22)	
(24,047.51)	

(24,047.51)

$	(767,012.86)	
256,015.30	
3.95	

- (767,012.86)
256,015.30
3.95

$	(1,067,985.22)	
166,023.48	

(1,067,985.22)	
166,023.48	

$	(108,129.22)	
(48,431.22)	

(108,129.22)	
(48,431.22)	

$	499,875.28	
(25,000.00)	

499,875.28	
(25,000.00)	

$  465,724.80	
7,343.26	

465,724.80	
7,343.26	

$	1,893.68	
12.20	

1,893.68	
12.20	

$	178,277.94	$	(264,990.73)	$	(510,993.61)	$	(901,961.74)	$	(156,560.44)	$	474,875.28	$  473,068.06	$	1,905.88	$	-	$	(706,379.36)

$  1,162,018.92	$	265,909.26	$	1,634,694.52	$	981,018.25	$	669,289.47	$	474,875.28	$  473,068.06	$	1,905.88	$ 73,715,000.00	$	79,377,779.64

Celebration Pointe CDD No. 1	
Statement of Activities	
As of 12/31/2025	

General Fund	Parking Garage	Series 2014	Series 2017	Series 2021	Series 2014	Series 2017	Series 2021	Long Term	Total	
		Debt Service	Debt Service	Debt Service	Construction	Construction	Contruction	Debt Group		
				Fund	Fund	Fund	Fund			

$  106,796.24	
196,853.07	
356.62	
193,955.83	

$	92,469.69	
171,502.49	
(111,949.39)	

$	27,026.89	
6,106.50	
(86,334.38)	

$	-	$  497,961.76	$  152,022.79	$	(53,200.99)	$	-	$	-	$	-

$	321.00	
13,062.06	
10,180.78	
659.50	

$	3,549.00	
9,999.99	
1,500.00	
13,798.20	
22,500.00	
100.64	
336.10	
375.00	
175.00	
353.36	
4,469.00	
500.00	
2,859.00	
321.00	
13,062.06	
10,180.78	
659.50	
261,495.48	
$	346,234.11	

Expenses		
Insurance	$	3,549.00	
Management	9,999.99	
Disclosure Agent	1,500.00	
District Counsel	13,798.20	
Assessment Administration	22,500.00	
Postage & Shipping	100.64	
Legal Advertising	336.10	
Web Site Maintenance	375.00	
Dues, Licenses, and Fees	175.00	
Water	353.36	
General Insurance	4,469.00	
Additionall Insurance	500.00	
Property Insurance	2,859.00	
Telephone		
Security		
Electric		
General Repair & Maintenance		
Bond Counsel		
Total Expenses	$  60,515.29	

$  261,495.48

$	24,223.34	$  261,495.48	$	-	$	-	$	-	$	-	$	-	$	-

Other Revenues (Expenses) & Gains (Losses)		
Interest Income	$	3,263.16	
Rental Income	729.17	
Interest Income		
Interest Income		
Interest Income		
Interest Income		
Interest Income		
Interest Income		
Interest Income		
Total Other Revenues (Expenses) & Gains (Losses)	$	3,992.33	

$	175.83

$	19,549.02

$	14,000.69

$	4,769.77

$	3,041.34

$	3,015.32

$	3,263.16	
729.17	
175.83	
19,549.02	
14,000.69	
4,769.77	
3,041.34	
3,015.32	
12.20	
$	48,556.50	

$	12.20

       
$	175.83	$	19,549.02	$	14,000.69	$	4,769.77	$	3,041.34	$	3,015.32	$	12.20	$	-

Change In Net Assets	$  (5,820.43)	$	(24,047.51)	$  256,015.30	$  166,023.48	$	(48,431.22)	$	3,041.34	$	7,343.26	$	12.20	$	-	$	354,136.42

Net Assets At Beginning Of Period	$ 184,098.37

$	(240,943.22)

$  (767,008.91)	$ (1,067,985.22)	$  (108,129.22)	$  471,833.94	$  465,724.80	$	1,893.68	$	-	$ (1,060,515.78)

Net Assets At End Of Period	$ 178,277.94

$	(264,990.73)

       
$  (510,993.61)	$  (901,961.74)	$  (156,560.44)	$  474,875.28	$  473,068.06	$	1,905.88	$	-	$  (706,379.36)

Revenues		
Off-Roll Assessments	$  44,794.73	
Other Assessments	3,870.61	
Special Income	1.91	
Other Income & Other Financing Sources	2,035.28	
On-Roll Assessments		
Off-Roll Assessments		
Other Income & Other Financing Sources		
Inter-Fund Transfers In		
On-Roll Assessments		
Off-Roll Assessments		
Inter-Fund Transfers In		
On-Roll Assessments		
Off-Roll Assessments		
Inter-Fund Transfers In		
Inter-Fund Transfers In		
Total Revenues	$  50,702.53	

$	44,794.73	
3,870.61	
1.91	
2,035.28	
106,796.24	
196,853.07	
356.62	
193,955.83	
92,469.69	
171,502.49	
(111,949.39)	
27,026.89	
6,106.50	
(86,334.38)	
4,327.94	
$	651,814.03	

$	4,327.94	
$	4,327.94	

         

Celebration Pointe CDD No. 1
Budget to Actual
For the period ending 12/31/2025

	Year To Date		Adopted Budget
FY2026	Percentage
Spent	
Actual	Budget	Variance			

Revenues	
On- Roll Assessments	
Other Assessments	
Special Income	
Other Income & Other Financing Sources	
Net Revenues	

$	44,794.73	
3,870.61	
1.91	
2,035.28	
$	50,702.53	

$  179,933.25	
-	
-	
-	
$  179,933.25	

$  (135,138.52)	
3,870.61	
1.91	
2,035.28	
$  (129,230.72)	

$	719,733.00	
-	
-	
-	
$	719,733.00	

6.22%	
0.00%	
0.00%	
0.00%	
6.22%	

General & Administrative Expenses	
Engineering Fees	
Trustee Fees	
District Management Fees	
Assessment Administration	
Supervisor Fee	
Reamortization Fees	
District Counsel Fees	
Audit Fees	
Property Appraiser	
Disclosure Agent	
Travel & Per Diem	
Conference Calls	
Mailing Expenses	
Arbitrage Calculation	
General Insurance	
Property Insurance	
D&O Insurance	
Additional Insurance	
Printing & Binding	
Legal Advertising	
Miscellaneous	
Tax Preparation	
Dues, Licenses & Fees	
Property Taxes	
Electric	
Water	
Hurricane Cleanup	
Website Maintenance	
Landscaping Maintenance & Material	
Total General & Administrative Expenses	

$	-	
-	
9,999.99	
22,500.00	
-	
-	
13,798.20	
-	
-	
1,500.00	
-	
-	
100.64	
-	
4,469.00	
2,859.00	
3,549.00	
500.00	
-	
336.10	
-	
-	
175.00	
-	
-	
353.36	
-	
375.00	
-	
$	60,515.29	

$	750.00	
7,500.00	
10,000.00	
5,625.00	
200.00	
187.50	
6,250.00	
2,500.00	
18.75	
2,375.00	
25.00	
12.50	
125.00	
262.50	
1,182.50	
866.25	
948.75	
337.50	
106.25	
1,875.00	
3,937.50	
3.50	
43.75	
2,375.00	
125.00	
1,000.00	
3,750.00	
735.00	
2,500.00	
$	55,617.25	

$	(750.00)	
(7,500.00)	
(0.01)	
16,875.00	
(200.00)	
(187.50)	
7,548.20	
(2,500.00)	
(18.75)	
(875.00)	
(25.00)	
(12.50)	
(24.36)	
(262.50)	
3,286.50	
1,992.75	
2,600.25	
162.50	
(106.25)	
(1,538.90)	
(3,937.50)	
(3.50)	
131.25	
(2,375.00)	
(125.00)	
(646.64)	
(3,750.00)	
(360.00)	
(2,500.00)	
$	4,898.04	

$	3,000.00	
30,000.00	
40,000.00	
22,500.00	
800.00	
750.00	
25,000.00	
10,000.00	
75.00	
9,500.00	
100.00	
50.00	
500.00	
1,050.00	
4,730.00	
3,465.00	
3,795.00	
1,350.00	
425.00	
7,500.00	
15,750.00	
14.00	
175.00	
9,500.00	
500.00	
4,000.00	
15,000.00	
2,940.00	
10,000.00	
$	222,469.00	

0.00%	
0.00%	
25.00%	
100.00%	
0.00%	
0.00%	
55.19%	
0.00%	
0.00%	
15.79%	
0.00%	
0.00%	
20.13%	
0.00%	
94.48%	
82.51%	
93.52%	
37.04%	
0.00%	
4.48%	
0.00%	
0.00%	
100.00%	
0.00%	
0.00%	
8.83%	
0.00%	
12.76%	
0.00%	
27.20%	

$	659.50	
-	
-	
321.00	
13,062.06	
-	
10,180.78	
-	
-	
-	
$	24,223.34	

$	3,000.00	
339.00	
1,250.00	
375.00	
14,289.00	
2,697.00	
12,951.00	
65,915.00	
16,500.00	
7,000.00	
$  124,316.00	

$	(2,340.50)	
(339.00)	
(1,250.00)	
(54.00)	
(1,226.94)	
(2,697.00)	
(2,770.22)	
(65,915.00)	
(16,500.00)	
(7,000.00)	
$  (100,092.66)	

$	12,000.00	
1,356.00	
5,000.00	
1,500.00	
57,156.00	
10,788.00	
51,804.00	
263,660.00	
66,000.00	
28,000.00	
$	497,264.00	

Parking Garage Expense	
Repair & Maintenance	
Repair & Maintenance HVAC	
Water & Sewer	
Internet & Telephone	
Security	
Security Communications	
Electric	
Property Taxes	
Property Insurance	
Miscellaneous	
Total Parking Garage Expenses	

5.50%

0.00%

22.85%

19.65%

0.00%	
0.00%	
4.87%	

   

Total General & Administrative Expenses

Net Income (Loss)

Other Income (Expense)	
Interest Income	
Rental Income	
Interest Income Parking Garage	
Total Other Income (Expense)	

Net Income (Loss)

$	84,738.63	$  179,933.25	$	(95,194.62)	$	719,733.00

$	(34,036.10)	$	-	$	(34,036.10)	$	-

$	3,263.16	
729.17	
175.83	
$	4,168.16	

$	-	
-	
-	
$	-	

$	3,263.16	
729.17	
175.83	
$	4,168.16	

$	-	
-	
-	
$	-	

$	(29,867.94)	$	-	$	(29,867.94)	$	-