MIAMI (CBSMiami) – Tropical Depression Five formed Monday afternoon in the eastern Bay of Campeche and may form into the next named tropical system.

It located about 255 miles east-southeast of Tuxpan, Mexico with sustained winds of 30 mph and is moving west-northwestward at 13 mph.

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As the depression moves west, it will produce copious amounts of rainfall across the Yucatan and southeastern Mexico through Tuesday.

Some isolated 10-inch rainfall totals are expected with most locations receiving three to six inches of rainfall.

The Mexican government has issued a tropical storm warning for the Gulf coast of Mexico from Tuxpan northward to La Pesca.

Mountainous areas could see flash floods and mud slides.

If the system develops into a named storm, the name will be Dolly.

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Chief Meteorologist Craig Setzer and Meteorologist John Gerard will be watching for developments Monday evening.

Check out the CBS4 2014 Hurricane Guide

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