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 Assessments FY 2023-24
Adopted FY 2022-23
Click Below
Prior Years Budgets & Assessments
Adopted FY 2021-22
Adopted Budget (link)
Adopted FY 2020-21 (No change from FY 2019-20)
Adopted FY 2019-20
Adopted
FY 2019-20 Assessments (Link)
Audits
Prior Years FY 20015-2022 (Link)
Financial Reporting All Years
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.
Uses of Funds 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.
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The CDD Board of Supervisors Meets Monthly (Usually Not Meeting in Dec)
When: 6:00 PM, Place: Compton Park General |