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 2023-24 Click 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     Prior Years Budgets & Assessments   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 2021-22) Prior Years FY 20015-2022 (Link)    Financial Reporting All Years   Multi -Year AFR Online, Return To CDD     Updated July 13, 2023

Tampa Palms CDD Board Financial Analysis Feb, 2022 Meeting (FY Oct 1, 2022 - Sept 30, 2023)              Period Ending May 31, 2023      Executive Summary As of May 31, 2023, the District has cash balances net of liabilities of $ 4.8 M. Taking into consideration the remaining calendar of 2023 transactions and the District contingent reserves which are detailed below, it is anticipated that there will be $1.5 K in unallocated funds before December collections, a four-month safety factor.  Revenue The post-discount budgeted assessments for FY 2022-23 are $2,759,495.  As of May 31st, the District has collected $2,746,053 or 99.5 % of the budgeted assessments.  Further the District has already collected $21 K in June, taking the year-to-date collection to slightly more than 100%.   Expenses The General Fund for normal operations shows a favorable position against budget of $ 36 K as of May 31st, this is due principally to the timing of billings vs expenditures.  Project-driven expenses display a slightly negative trend of $ 6 K chiefly again due to the timing of expenditures. Sources of Funds Cash Balance 5/31/2023                                                $ 4,822 Collections Prior to Dec 2023 Receipts                                 21 Total Sources of Funds                                                   $ 4,843   Uses of Funds Bal FY 2022-23 Expenses                                  $ (975) 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)                                                                                        ($ 3,318)  Projected Unallocated Balance Dec, 2023                       $1,525      Outlook The District outlook is consistent with the FY 2022-23 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