Magic Reserve Community Development	
FY 2021 Proposed Debt Service Budget	
	
FY2021 Proposed Series 2016 Budget	
REVENUES:		
Special Assessments	$	553,496.89	
TOTAL REVENUES	$	553,496.89	

EXPENDITURES:		
Interest 11/01/2020	$	127,440.63	
Principal 11/01/2020	$	85,000.00	
Interest 5/1/2021	$	125,528.13	
TOTAL EXPENDITURES	$	337,968.76	

EXCESS REVENUES	

$	215,528.13	

Interest 11/01/2021	

$	125,528.13	
Principal 11/01/2021	$	90,000.00