Exhibit A	
Magic Reserve Community Development District	
Proposed FY18 Operations & Maintenance Budget	

Revenues:	
FY17 Actual through 2/28/2017	
FY17 Approved Budget	Proposed Annual O&M Budget*	
Developer Funding	 	$9,884		$140,800		$140,650		
Total Revenues	$9,884	$140,800	$140,650	
Expenditures:				
Administrative Expenditures				
District Management Fees (Fixed)	$10,417	$25,000	$25,000	
District Counsel Fees (NTE)	$2,393	$25,000	$25,000	
Engineering Fees (NTE)	$409	$10,000	$10,000	
Conference Calls (NTE)	$1	$1,000	$1,000	
Mailing Expenses (NTE)	$94	$300	$300	
Public Officials & General Liability Insurance (Fixe	$5,100	$5,000	$5,100	
Printing & Binding (NTE)	$369	$500	$500	
Legal Advertising (NTE)	$92	$2,000	$2,000	
Dues, Licenses & Fees (NTE)	$175	$250	$250	
Bank Fees (NTE)	$0	$250	$0	
Subtotal Administrative	$19,049	$69,300	$69,150	
Field Expenditures				
Landscaping & Common Area Maintenance (NTE)	$0	$35,000	$35,000	
Street Lighting (NTE)	$0	$15,000	$15,000	
Irrigation (NTE)	$0	$10,000	$10,000	
Pond Maintenance (NTE)	$0	$10,000	$10,000	
Miscellaneous (NTE)	 	$0		$1,500		$1,500		
Subtotal Field	$0	$71,500	$71,500	
Total Expenditures	$19,049	$140,800	$140,650	

*The District's fiscal year runs from October 1st through September 30th. Operations and maintenance expenses represent noncapital CDD expenses that are not reimburseable to the developer. These expenses are typically funded on an as-incurrred basis by the developer or via the levy and collection of CDD assessments. Eligible bond and capital- related expenses can be reimbursed or funded directly with bond proceeds.