Title: Magic Place CDD July 2026
Subject: July 2026 Financial Package
Author: Rachel Proctor

Magic Place CDD

Magic Place CDD
July 2026 Financial Package

July 31, 2026

PFM Management Services LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Statement of Financial Position As of 7/31/2026

General Fund | Debt Service | Capital Projects | Long Term Debt | Total
| Fund | Fund | Fund |

| Assets |
Current Assets | |
General Checking Account | $	573,193.89 | | | | | | $	573,193.89
Debt Service Reserve Series 2019 | | $  1,128,928.26 | | | | | 1,128,928.26
Revenue Series 2019 | | 543,017.22 | | | | | 543,017.22
Interest Series 2019 | | 273.41 | | | | | 273.41
Prepayment Series 2019 | | 21,164.81 | | | | | 21,164.81
Sinking Fund Series 2019 | | 20,079.43 | | | | | 20,079.43
Acquisition/Construction Series 2019 | | | | $	59,562.19 | | | 59,562.19
Total Current Assets | $	573,193.89 | $  1,713,463.13 | | $	59,562.19 | | $ | -	$  2,346,219.21

Investments
Amount Available in Debt Service Funds | | $  1,713,463.13 | | $  1,713,463.13
Amount To Be Provided | | 15,211,536.87 | | 15,211,536.87
Total Investments | $ | -	$	-	$	-	$ 16,925,000.00 | | $ 16,925,000.00

Total Assets	$	573,193.89	$  1,713,463.13	$	59,562.19	$ 16,925,000.00	$ 19,271,219.21

Liabilities and Net Assets

Current Liabilities |
Accounts Payable | $	3,382.00 | | | $	3,382.00
Total Current Liabilities | $	3,382.00 | | $	-	$	-	$ | -	$	3,382.00

Long Term Liabilities
Revenue Bonds Payable - Long-Term | | $ 16,925,000.00 | | $ 16,925,000.00
Total Long Term Liabilities | $ | -	$	-	$	-	$ 16,925,000.00 | | $ 16,925,000.00

Total Liabilities	$	3,382.00	$	-	$	-	$ 16,925,000.00	$ 16,928,382.00

Net Assets
Net Assets, Unrestricted | $	(5,247.50) | | | | | | $	(5,247.50)
Net Assets - General Government | 244,028.12 | | | | | | 244,028.12
Current Year Net Assets - General Government | 331,031.27 | | | | | | 331,031.27
Net Assets, Unrestricted | | | $  1,666,199.66 | | | | 1,666,199.66
Current Year Net Assets, Unrestricted | | | 47,263.47 | | | | 47,263.47
Net Assets, Unrestricted | | | | | $	526,995.11 | | 526,995.11
Current Year Net Assets, Unrestricted | | | | | (10,682.92) | | (10,682.92)
Net Assets - General Government | | | | | (456,750.00) | | (456,750.00)
Total Net Assets | $	569,811.89 | | $  1,713,463.13 | | $	59,562.19 | | $	-	$  2,342,837.21

Total Liabilities and Net Assets	$	573,193.89	$  1,713,463.13	$	59,562.19	$ 16,925,000.00	$ 19,271,219.21

Statement of Activities As of 7/31/2026

| General Fund | | Debt Service Fund | | Capital Projects Fund | | Long Term Debt Fund | | | Total
Revenues On-Roll Assessments Other Income & Other Financing Sources On-Roll Assessments Other Income & Other Financing Sources Total Revenues | $	524,123.85 | | | | | | | | $ | 524,123.85
3,073.96 | | | | | | | | | 3,073.96
| | $	1,164,607.92 | | | | | | | 1,164,607.92
| | 6,830.38 | | | | | | | 6,830.38
$	527,197.81 | | $	1,171,438.30 | | $	- | | $	- | | $ | 1,698,636.11
Expenses | | | | | | | | | |
Supervisor Fees | $	1,000.00 | | | | | | | | $ | 1,000.00
Public Officials' Liability Insurance | 3,466.00 | | | | | | | | | 3,466.00
Trustee Services | 5,601.92 | | | | | | | | | 5,601.92
Management | 27,500.00 | | | | | | | | | 27,500.00
Engineering | 2,015.00 | | | | | | | | | 2,015.00
Disclosure Agent | 3,750.00 | | | | | | | | | 3,750.00
Property Appraiser | 267.92 | | | | | | | | | 267.92
District Counsel | 2,212.50 | | | | | | | | | 2,212.50
Assessment Administration | 7,500.00 | | | | | | | | | 7,500.00
Audit | 4,100.00 | | | | | | | | | 4,100.00
Tax Preparation | 12.84 | | | | | | | | | 12.84
Postage & Shipping | 71.06 | | | | | | | | | 71.06
Legal Advertising | 663.03 | | | | | | | | | 663.03
Web Site Maintenance | 2,150.00 | | | | | | | | | 2,150.00
Dues, Licenses, and Fees | 175.00 | | | | | | | | | 175.00
Electric | 20,879.85 | | | | | | | | | 20,879.85
Irrigation | 23,829.30 | | | | | | | | | 23,829.30
General Insurance | 4,236.00 | | | | | | | | | 4,236.00
Other Insurance | 500.00 | | | | | | | | | 500.00
Landscaping Maintenance & Material | 97,257.44 | | | | | | | | | 97,257.44
Principal Payment | | | $	405,000.00 | | | | | | | 405,000.00
Interest Payments | | | 759,901.58 | | | | | | | 759,901.58
Capital Expenditures | | | | | $	12,380.00 | | | | | 12,380.00
Total Expenses | $	207,187.86 | | $	1,164,901.58 | | $	12,380.00 | | $	- | | $ | 1,384,469.44
Other Revenues (Expenses) & Gains (Losses) Interest Income Interest Income Interest Income Total Other Revenues (Expenses) & Gains (Losses) Change In Net Assets | $	11,021.32 | | | | | | | | $ | 11,021.32
| | $	40,726.75 | | | | | | | 40,726.75
| | | | $	1,697.08 | | | | | 1,697.08
$	11,021.32 | | $	40,726.75 | | $	1,697.08 | | $	- | | $ | 53,445.15
$	331,031.27 | | $	47,263.47 | | $	(10,682.92) | | $	- | | $ | 367,611.82
Net Assets At Beginning Of Year | $	238,780.62 | | $	1,666,199.66 | | $	70,245.11 | | $	- | | $ | 1,975,225.39
Net Assets At End Of Year | $	569,811.89 | | $	1,713,463.13 | | $	59,562.19 | | $	- | | $ | 2,342,837.21

Magic Place CDD
Budget to Actual
For the month ending 07/31/2026

FY 2026
Adopted	Percentage YTD Actual	YTD Budget	YTD Variance	Budget		Spent

Revenues
On-Roll Assessment | $  524,123.85 | | $  419,379.17 | $  104,744.68 | $  503,255.00 | | 104.15%
Other Income & Other Financing Sources | 3,073.96 | | - | 3,073.96 | - | | 0.00%
Net Revenues | $  527,197.81 | | $  419,379.17 | $  107,818.64 | $  503,255.00 | | 104.76%

General & Administrative Expenses
Trustee Services | $	5,601.92 | $	5,000.00 | $	601.92 | $	6,000.00 | 93.37%
Management | 27,500.00 | 27,500.00 | - | 33,000.00 | 83.33%
Engineering | 2,015.00 | 8,333.33 | (6,318.33) | 10,000.00 | 20.15%
Disclosure Agent | 3,750.00 | 4,166.67 | (416.67) | 5,000.00 | 75.00%
District Counsel | 2,212.50 | 16,666.67 | (14,454.17) | 20,000.00 | 11.06%
Postage & Shipping | 71.06 | 333.33 | (262.27) | 400.00 | 17.77%
Property Appraiser | 267.92 | 333.33 | (65.41) | 400.00 | 66.98%
Assessment Administration | 7,500.00 | 6,250.00 | 1,250.00 | 7,500.00 | 100.00%
Re-Amortization Schedule | - | 208.33 | (208.33) | 250.00 | 0.00%
Audit | 4,100.00 | 3,000.00 | 1,100.00 | 3,600.00 | 113.89%
Legal Advertising | 663.03 | 3,000.00 | (2,336.97) | 3,600.00 | 18.42%
Miscellaneous | - | 208.33 | (208.33) | 250.00 | 0.00%
Arbitrage | - | 416.67 | (416.67) | 500.00 | 0.00%
Web Site Maintenance | 2,150.00 | 2,250.00 | (100.00) | 2,700.00 | 79.63%
Dues, Licenses, and Fees | 175.00 | 145.83 | 29.17 | 175.00 | 100.00%
Public Officials' Liability Insurance | 3,466.00 | 3,065.83 | 400.17 | 3,679.00 | 94.21%
General Liability Insurance | 4,236.00 | 3,746.67 | 489.33 | 4,496.00 | 94.22%
Additional Insurance | 500.00 | 416.67 | 83.33 | 500.00 | 100.00%
Irrigation | 23,829.30 | 83,333.33 | (59,504.03) | 100,000.00 | 23.83%
Lake Maintenance | - | 10,000.00 | (10,000.00) | 12,000.00 | 0.00%
Landscaping Maintenance and Material | 97,257.44 | 205,250.00 | (107,992.56) | 246,300.00 | 39.49%
Streetlights | 20,879.85 | 33,333.33 | (12,453.48) | 40,000.00 | 52.20%
Tax Preparation Fee | 12.84 | 16.67 | (3.83) | 20.00 | 64.20%
Supervisor Fees | 1,000.00 | - | 1,000.00 | - | 0.00%
Contingency | - | 2,404.17 | (2,404.17) | 2,885.00 | 0.00%

Total General & Administrative Expenses | | $ | 207,187.86 | | $ | 419,379.17 | | $ | (212,191.31) | | $ | 503,255.00 | | 41.17%
Total Expenses | | $ | 207,187.86 | | $ | 419,379.17 | | $ | (212,191.31) | | $ | 503,255.00 | |
Income (Loss) from Operations | | $ | 320,009.95 | | $ | - | | $ | 320,009.95 | | $ | - | |
Other Income (Expense) Interest Income Total Other Income (Expense) | | $ $ | 11,021.32 11,021.32 | | $ $ | - - | | $ $ | 11,021.32 11,021.32 | | $ $ | - - | |
Net Income (Loss) | | $ | 331,031.27 | | $ | - | | $ | 331,031.27 | | $ | - | |

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