BIG CYPRESS STEWARDSHIP DISTRICT
December 2025 Financial Report

December 31, 2025

PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817
Tel: 407-723-5900

Big Cypress Stewardship District
Statement of Financial Position As of 12/31/2025

	General Fund		Capital Fund		Total	
	
Assets					
Current Assets
General Checking Account	
$	748.08				
$	748.08	
Accounts Receivable - Due from Developer	17,997.53				17,997.53	
Accounts Receivable - Due from Developer	
		$	816.00		816.00	
Total Current Assets	$	18,745.61		$	816.00		$	19,561.61	
Total Assets	$	18,745.61		$	816.00		19,561.61	

Liabilities and Net Assets					
Current Liabilities
Accounts Payable	
$	18,527.23				
$	18,527.23	
Deferred Revenue	17,997.53				17,997.53	
Accounts Payable			$	816.00		816.00	
Deferred Revenue	
		816.00		816.00	
Total Current Liabilities	$	36,524.76		$	1,632.00		$	38,156.76	
Total Liabilities	$	36,524.76		$	1,632.00		$	38,156.76	

Net Assets
Net Assets, Unrestricted	

$	239.76				

$	239.76	
Net Assets - General Government	1,423.97				1,423.97	
Current Year Net Assets - General Government	(19,442.88)				(19,442.88)	
Net Assets, Unrestricted			$	(1,849.00)		(1,849.00)	
Current Year Net Assets, Unrestricted	
		1,033.00		1,033.00	
Total Net Assets	$	(17,779.15)		$	(816.00)		$	(18,595.15)	

					
Total Liabilities and Net Assets	$	18,745.61		$	816.00		$	19,561.61	

Big Cypress Stewardship District							
Statement of Activities							
As of 12/31/2025							

General Fund		
Capital Fund			
Total	
Revenues							
Interest Income	$	20.65					$	20.65	
Developer Contributions	7,973.26						7,973.26	
Developer Contributions		$	2,666.00			2,666.00
10,659.91	
Total Revenues	$	7,993.91		$	2,666.00		$		
Expenses							
Public Officials Insurance	$	4,012.00					$	4,012.00	
Management	13,749.99						13,749.99	
District Counsel	4,651.50						4,651.50	
Postage & Shipping	0.74						0.74	
Legal Advertising	466.56						466.56	
Web Site Maintenance	375.00						375.00	
Dues, Licenses, and Fees	175.00						175.00	
General Insurance	3,506.00						3,506.00	
Other Insurance - Crime, etc.	500.00						500.00	
District Counsel		$	1,633.00			1,633.00
29,069.79	
Total Expenses	$	27,436.79		$	1,633.00		$		
Other Revenues (Expenses) & Gains (Losses)							
Total Other Revenues (Expenses) & Gains (Losses)	$	-		$	-		$	-	
Change In Net Assets	$	(19,442.88)		$	1,033.00		$	(18,409.88)	
Net Assets At Beginning Of Year

Net Assets At End Of Year	$	1,663.73

$	(17,779.15)		$	(1,849.00)		$	(185.27)	
			
$	
(816.00)		
$	
(18,595.15)	

Big Cypress Stewardship District
Budget to Actual
For the Month Ending 12/31/2025

	YTD Actual		YTD Budget		YTD Variance		FY 2026
Adopted Budget		Percentage Spent	

Revenues										
Interest Income	$	20.65		$	-		$	20.65		$	-		0.00%	
Developer Contributions	7,973.26		146,554.25		(138,580.99)		586,217.00		1.36%	
Net Revenues	$	7,993.91		$	146,554.25		$  (138,560.34)		$	586,217.00		1.36%	
General & Administrative Expenses										
Supervisor Fees	$	-		$	1,600.00		$	(1,600.00)		$	6,400.00		0.00%	
Public Officials Insurance	4,012.00		2,050.00		1,962.00		8,200.00		48.93%	
Trustee Services	-		3,750.00		(3,750.00)		15,000.00		0.00%	
Management	13,749.99		13,750.00		(0.01)		55,000.00		25.00%	
Engineering	-		3,750.00		(3,750.00)		15,000.00		0.00%	
Disclosure Agent	-		1,250.00		(1,250.00)		5,000.00		0.00%	
District Counsel	4,651.50		3,750.00		901.50		15,000.00		31.01%	
Assessment Administration	-		3,750.00		(3,750.00)		15,000.00		0.00%	
Reamortization Schedules	-		250.00		(250.00)		1,000.00		0.00%	
Audit	-		1,300.00		(1,300.00)		5,200.00		0.00%	
Arbitrage Calculation	-		125.00		(125.00)		500.00		0.00%	
Travel and Per Diem	-		600.00		(600.00)		2,400.00		0.00%	
Postage & Shipping	0.74		125.00		(124.26)		500.00		0.15%	
Copies	-		12.50		(12.50)		50.00		0.00%	
Legal Advertising	466.56		2,500.00		(2,033.44)		10,000.00		4.67%	
Contingency	-		1,250.00		(1,250.00)		5,000.00		0.00%	
Web Site Maintenance	375.00		675.00		(300.00)		2,700.00		13.89%	
Dues, Licenses, and Fees	175.00		43.75		131.25		175.00		100.00%	
Total General & Administrative Expenses	$	23,430.79		$	40,531.25		$	(17,100.46)		$	162,125.00		14.45%	
Field Expenses										
Electric	$	-		$	300.00		$	(300.00)		$	1,200.00		0.00%	
Utilities	-		1,250.00		(1,250.00)		5,000.00		0.00%	
General Insurance	3,506.00		1,800.00		1,706.00		7,200.00		48.69%	
Other Insurance - Crime, etc.	500.00		-		500.00		-		0.00%	
Landscaping Replacement Material	-		625.00		(625.00)		2,500.00		0.00%	
Irrigation	-		1,875.00		(1,875.00)		7,500.00		0.00%	
Lake Maintenance	-		625.00		(625.00)		2,500.00		0.00%	
Landscaping Maintenance & Material	-		8,750.00		(8,750.00)		35,000.00		0.00%	
Road Cleaning	-		375.00		(375.00)		1,500.00		0.00%	
Streetlights	-		5,250.00		(5,250.00)		21,000.00		0.00%	
Miscellaneous	-		3,750.00		(3,750.00)		15,000.00		0.00%	
Storm Water System Management	-		69,173.00		(69,173.00)		276,692.00		0.00%	
Infrastructure Capital Reserve	-		12,250.00		(12,250.00)		49,000.00		0.00%	
Total Field Expenses	$	4,006.00		$	106,023.00		$  (102,017.00)		$	424,092.00		0.94%	
Total Expenses	 $	27,436.79 		 $	146,554.25 		 $  (119,117.46)		 $	586,217.00 			4.68%	
Net Income (Loss)	$	(19,442.88)		$	-		$	(19,442.88)		$	-