Magic Reserve CDD
November 2025 Financial Package

November 30, 2025

PFM Group Consulting LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Magic Reserve CDD	
Statement of Financial Position	
As of 11/30/2025	

General Fund	Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

Current Assets	
General Checking Account	
Assessments Receivable	
Deposits	
Assessments Receivable	
Due From Other Funds	
Debt Service Reserve Series 2016	
Revenue Series 2016	
Prepayment Series 2016	
Total Current Assets	

$	223,091.23	
509,467.27	
2,995.00	
303,507.29	
33,510.69	
343,825.00	
193,505.13	
5,848.10	
$ 1,615,749.71	

$	303,507.29	
33,510.69	
343,825.00	
193,505.13	
5,848.10	
$	880,196.21	

Assets

$	223,091.23	
509,467.27	
2,995.00	

$	735,553.50	$	-	$	-

$	-	$	-	$	-

Investments	
Amount Available in Debt Service Funds	
Amount To Be Provided	
Total Investments	

$	543,178.23	
3,866,821.77	
$ 4,410,000.00	

$	543,178.23	
3,866,821.77	
$ 4,410,000.00	

Total Assets

$	735,553.50

$	880,196.21	$

-	$ 4,410,000.00

$ 6,025,749.71

$	218,356.34	
509,467.27	
303,507.29	
$ 1,031,330.90	

Liabilities and Net Assets

$	218,356.34	
509,467.27	

Current Liabilities	
Accounts Payable	
Deferred Revenue	
Deferred Revenue	
Total Current Liabilities	

$	727,823.61

$	303,507.29

$	303,507.29	$	-	$	-

Long Term Liabilities	
Revenue Bonds Payable - Long-Term	
Total Long Term Liabilities	

$	-	$

-	$	-

$ 4,410,000.00
$ 4,410,000.00

$ 4,410,000.00

$ 4,410,000.00

				

Total Liabilities

$	727,823.61

$	303,507.29	$

-	$ 4,410,000.00

$ 5,441,330.90

				

$	1,329.71	
5,760.00	
(16,152.12)	
16,792.30	

$	761,509.24	
(184,820.32)	

$	7,729.89	$	576,688.92	$	-

				

Net Assets	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets - General Government	
Current Year Net Assets - General Government	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets - General Government	
Total Net Assets	

$	1,329.71	
5,760.00	
(16,152.12)	
16,792.30	
761,509.24	
(184,820.32)	
201,026.01	
(5,826.01)	
(195,200.00)	
$	584,418.81	

$	201,026.01	
(5,826.01)	
(195,200.00)	
$	-	

Total Liabilities and Net Assets

$	735,553.50

$	880,196.21	$

-	$ 4,410,000.00

$ 6,025,749.71

Magic Reserve CDD	
Statement of Activities	
As of 11/30/2025	

General Fund	Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

$	53,062.10	
5,760.00	
3,188.91	
31,610.94	
1,899.75	
5,848.10	
(5,848.10)	
$	95,521.70	

Revenues

$	53,062.10	
5,760.00	
3,188.91	

$	31,610.94	
1,899.75	
5,848.10	

On-Roll Assessments	
Land Lease Income	
Other Income & Other Financing Sources	
On-Roll Assessments	
Other Income & Other Financing Sources	
Inter-Fund Group Transfers In	
Inter-Fund Transfers In	
Total Revenues	

$	62,011.01

$	39,358.79

$	(5,848.10)

$	(5,848.10)	$	-

$	110,000.00	
116,753.13	
$	226,753.13	

Interest Income	
Interest Income	
Interest Income	
Total Other Revenues (Expenses) & Gains (Losses)	

$	1,326.14	
2,574.02	
22.09	
$	3,922.25	

Public Officials Insurance	
Trustee Services	
Management	
Engineering	
District Counsel	
Assessment Administration	
Postage & Shipping	
Legal Advertising	
Web Site Maintenance	
Dues, Licenses, and Fees	
Irrigation	
Property & Casualty	
Other Insurance	
Lake Maintenance	
Landscaping Maintenance & Material	
Streetlights	
Principal Payment	
Interest Payments	
Total Expenses	

$	3,466.00	
336.71	
5,833.34	
390.00	
339.00	
5,000.00	
0.74	
197.64	
250.00	
175.00	
12,550.53	
4,236.00	
500.00	
230.00	
1,877.38	
5,402.51	
110,000.00	
116,753.13	
$  267,537.98	

Expenses

$	3,466.00	
336.71	
5,833.34	
390.00	
339.00	
5,000.00	
0.74	
197.64	
250.00	
175.00	
12,550.53	
4,236.00	
500.00	
230.00	
1,877.38	
5,402.51	

Other Revenues (Expenses) & Gains (Losses)	$	40,784.85				$	-		
$	-	
	$	1,326.14		
$	2,574.02		

$	22.09		

	
	$	1,326.14		$	2,574.02		$	22.09		$	-	
Change In Net Assets	$	22,552.30		$	(184,820.32)		$	(5,826.01)		$	-	$ (168,094.03)	

Net Assets At Beginning Of Year	
$	(14,822.41)		
$	761,509.24		
$	5,826.01		
$	-	$  752,512.84	

Net Assets At End Of Year	

$	7,729.89		

$	576,688.92		

$	-			

$	-	$  584,418.81	

Magic Reserve Community Development District	
Budget to Actual	
For the month ending 11/30/2025	

YTD Actual	YTD Budget	YTD Variance

FY 2026
Adopted Budget

Percentage Spent

Revenues	
On-Roll Assessments	
Interest Income	
Land Lease Income	
Other Income & Other Financing Sources	
Net Revenues	

	
$	53,062.10		$	93,755.00	
1,326.14		-	
5,760.00		-	
3,188.91		-	
$	63,337.15		$	93,755.00	

	
$	(40,692.90)		$	562,530.00		9.43%	
1,326.14		-		0.00%	
5,760.00		-		0.00%	
3,188.91		-		0.00%	
$	(30,417.85)		$	562,530.00		11.26%	

General & Administrative Expenses	
Trustee Services	
District Management Fees	
Engineering Fees	
Disclosure Agent	
Property Appraiser	
District Counsel	
Assessment Administration	
Re-Amortization Schedule	
Arbitrage	
Audit	
Legal Advertising	
Postage /Shipping	
Contingency	
Tax Preparation Fee	
Web Site Maintenance	
Dues, Licenses & Fees	
Irrigation	
Public Officials' Liability Insurance	
General Insurance	
Additional Insurance	
Lake Maintenance	
HOA Maintenance	
Landscaping Maintenance and Material	
Mulch	
Palm Pruning	
Streetlights	
Total General & Administrative Expenses	

$	336.71		$	700.00	
5,833.34		5,833.33	
390.00		1,666.67	
-		833.33	
-		54.17	
339.00		3,000.00	
5,000.00		833.33	
-		41.67	
-		83.33	
-		583.33	
197.64		333.33	
0.74		50.00	
-		163.33	
-		3.33	
250.00		450.00	
175.00		29.17	
12,550.53		47,500.00	
3,466.00		641.67	
4,236.00		788.33	
500.00		83.33	
230.00		666.67	
-		8,333.33	
1,877.38		5,000.00	
-		2,000.00	
-		750.00	
5,402.51		13,333.33	
$	40,784.85		$	93,755.00	

$	(363.29)		$	4,200.00		8.02%	
0.01		35,000.00		16.67%	
(1,276.67)		10,000.00		3.90%	
(833.33)		5,000.00		0.00%	
(54.17)		325.00		0.00%	
(2,661.00)		18,000.00		1.88%	
4,166.67		5,000.00		100.00%	
(41.67)		250.00		0.00%	
(83.33)		500.00		0.00%	
(583.33)		3,500.00		0.00%	
(135.69)		2,000.00		9.88%	
(49.26)		300.00		0.25%	
(163.33)		980.00		0.00%	
(3.33)		20.00		0.00%	
(200.00)		2,700.00		9.26%	
145.83		175.00		100.00%	
(34,949.47)		285,000.00		4.40%	
2,824.33		3,850.00		90.03%	
3,447.67		4,730.00		89.56%	
416.67		500.00		100.00%	
(436.67)		4,000.00		5.75%	
(8,333.33)		50,000.00		0.00%	
(3,122.62)		30,000.00		6.26%	
(2,000.00)		12,000.00		0.00%	
(750.00)		4,500.00		0.00%	
(7,930.82)		80,000.00		6.75%	
$	(52,970.15)		$	562,530.00		7.25%	

Total Expenses	$	40,784.85	$	93,755.00	$	(52,970.15)	$	562,530.00	7.25%

Net Income (Loss)	$	22,552.30	$	-	$	22,552.30	$	-