Magic Reserve Community Development District Proposed FY2027 Operations & Maintenance Budget

		FY 2026			FY 2027	
				Proposed	
	Adopted Budget			
				Budget	
Revenues						
On-Roll Assessments	$	562,530.00		$	556,770.00	
Interest Income		-			-	
Land Lease Income		-			5,760.00	
Net Revenues	$	562,530.00		$	562,530.00	

CDD General & Administrative Expenses						
Supervisor Fee	$	-		$	2,000.00	
Trustee Services		4,200.00			4,500.00	
Management		35,000.00			35,000.00	
Engineering		10,000.00			10,000.00	
Disclosure Agent		5,000.00			5,000.00	
Property Appraiser		325.00			325.00	
District Counsel		18,000.00			18,000.00	
Assessment Administration		5,000.00			5,000.00	
Re-Amortization Schedule		250.00			250.00	
Arbitrage		500.00			600.00	
Audit		3,500.00			4,500.00	
Legal Advertising		2,000.00			3,000.00	
Postage /Shipping		300.00			300.00	
Miscellaneous		980.00			13,080.00	
Tax Preparation Fee		20.00			50.00	
Web Site Maintenance		2,700.00			2,700.00	
Dues, Licenses, and Fees		175.00			175.00	
Irrigation		285,000.00			250,000.00	
Public Officials' Liability Insurance		3,850.00			4,000.00	
General Liability Insurance		4,730.00			5,000.00	
Additional Insurance		500.00			550.00	
Lake Maintenance		4,000.00			4,000.00	
HOA Maintenance		50,000.00			60,000.00	
Landscaping Maintenance and Material		30,000.00			35,000.00	
Mulch		12,000.00			12,000.00	
Palm Prunning		4,500.00			7,500.00	
Streetlights	$	80,000.00		$	80,000.00	
Total Expenses	$	562,530.00		$	562,530.00	

Current Year Proposed
195 Lots	Net Per Unit
Gross per Unit	$
$	2,855.23
3,037.48	
				
Prior Year Adopted
195 Lots	Net Per Unit
Gross per Unit	$
$	2,884.77
3,068.90