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

Magic Place CDD

Magic Place CDD
August 2026 Financial Package

August 31, 2026

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

Magic Place CDD
Statement of Financial Position As of 8/31/2026

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

| Assets |
Current Assets | |
General Checking Account | $	563,767.13 | | | | | | $	563,767.13
Debt Service Reserve Series 2019 | | $  1,132,280.28 | | | | | 1,132,280.28
Revenue Series 2019 | | 564,683.06 | | | | | 564,683.06
Interest Series 2019 | | 50.14 | | | | | 50.14
Prepayment Series 2019 | | 1,227.65 | | | | | 1,227.65
Sinking Fund Series 2019 | | 81.58 | | | | | 81.58
Acquisition/Construction Series 2019 | | | | $	59,744.57 | | | 59,744.57
Total Current Assets | $	563,767.13 | $  1,698,322.71 | | $	59,744.57 | | $ | -	$  2,321,834.41

Investments
Amount Available in Debt Service Funds | | $  1,698,322.71 | | $  1,698,322.71
Amount To Be Provided | | 15,206,677.29 | | 15,206,677.29
Total Investments | $ | -	$	-	$	-	$ 16,905,000.00 | | $ 16,905,000.00

Total Assets	$	563,767.13	$  1,698,322.71	$	59,744.57	$ 16,905,000.00	$ 19,226,834.41

Liabilities and Net Assets

Current Liabilities |
Accounts Payable | $	10,579.00 | | | $	10,579.00
Total Current Liabilities | $	10,579.00 | | $	-	$	-	$ | -	$	10,579.00

Long Term Liabilities
Revenue Bonds Payable - Long-Term | | $ 16,905,000.00 | | $ 16,905,000.00
Total Long Term Liabilities | $ | -	$	-	$	-	$ 16,905,000.00 | | $ 16,905,000.00

Total Liabilities	$	10,579.00	$	-	$	-	$ 16,905,000.00	$ 16,915,579.00

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 | 314,407.51 | | | | | | 314,407.51
Net Assets, Unrestricted | | | $  1,666,199.66 | | | | 1,666,199.66
Current Year Net Assets, Unrestricted | | | 32,123.05 | | | | 32,123.05
Net Assets, Unrestricted | | | | | $	526,995.11 | | 526,995.11
Current Year Net Assets, Unrestricted | | | | | (10,500.54) | | (10,500.54)
Net Assets - General Government | | | | | (456,750.00) | | (456,750.00)
Total Net Assets | $	553,188.13 | | $  1,698,322.71 | | $	59,744.57 | | $	-	$  2,311,255.41

Total Liabilities and Net Assets	$	563,767.13	$  1,698,322.71	$	59,744.57	$ 16,905,000.00	$ 19,226,834.41

Statement of Activities As of 8/31/2026

| General Fund | | Debt Service Fund | | Capital Projects Fund | | Long Term Debt Fund | | | Total
Revenues | | | | | | | | | | |
On-Roll Assessments | $	524,123.85 | | | | | | | | | $ | 524,123.85
Other Income & Other Financing Sources | 3,073.96 | | | | | | | | | | 3,073.96
On-Roll Assessments | | | $  1,164,607.92 | | | | | | | | 1,164,607.92
Other Income & Other Financing Sources | | | 6,830.38 | | | | | | | | 6,830.38
Total Revenues | $	527,197.81 | | $  1,171,438.30 | | $ | - | | $	- | | $ | 1,698,636.11
Expenses | | | | | | | | | | |
Supervisor Fees | $	1,200.00 | | | | | | | | $ | 1,200.00
Public Officials' Liability Insurance | 3,466.00 | | | | | | | | | 3,466.00
Trustee Services | 5,601.92 | | | | | | | | | 5,601.92
Management | 30,250.00 | | | | | | | | | 30,250.00
Engineering | 2,146.00 | | | | | | | | | 2,146.00
Disclosure Agent | 3,750.00 | | | | | | | | | 3,750.00
Property Appraiser | 267.92 | | | | | | | | | 267.92
District Counsel | 2,515.50 | | | | | | | | | 2,515.50
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 | 2,275.00 | | | | | | | | | 2,275.00
Dues, Licenses, and Fees | 175.00 | | | | | | | | | 175.00
Electric | 23,058.49 | | | | | | | | | 23,058.49
Irrigation | 24,379.30 | | | | | | | | | 24,379.30
General Insurance | 4,236.00 | | | | | | | | | 4,236.00
Other Insurance | 500.00 | | | | | | | | | 500.00
Landscaping Maintenance & Material | 109,215.44 | | | | | | | | | 109,215.44
Principal Payment | | | $	425,000.00 | | | | | | | 425,000.00
Interest Payments | | | 760,125.02 | | | | | | | 760,125.02
Capital Expenditures | | | | | $	12,380.00 | | | | | 12,380.00
Total Expenses | $	225,383.50 | | $  1,185,125.02 | | $	12,380.00 | | $	- | | $ | 1,422,888.52
Other Revenues (Expenses) & Gains (Losses) | | | | | | | | | | |
Interest Income | $	12,593.20 | | | | | | | | $ | 12,593.20
Interest Income | | | $	45,809.77 | | | | | | | 45,809.77
Interest Income | | | | | $	1,879.46 | | | | | 1,879.46
Total Other Revenues (Expenses) & Gains (Losses) | $	12,593.20 | | $	45,809.77 | | $	1,879.46 | | $	- | | $ | 60,282.43
Change In Net Assets | $	314,407.51 | | $	32,123.05 | | $ | (10,500.54) | | $	- | | $ | 336,030.02
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 | $	553,188.13 | | $  1,698,322.71 | | $	59,744.57 | | $	- | | $ | 2,311,255.41

Budget to Actual
For the month ending 08/31/2026

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

Revenues
On-Roll Assessment | $  524,123.85 | | $  461,317.08 | $	62,806.77 | $  503,255.00 | | 104.15%
Other Income & Other Financing Sources | 3,073.96 | | - | 3,073.96 | - | | 0.00%
Net Revenues | $  527,197.81 | | $  461,317.08 | $	65,880.73 | $  503,255.00 | | 104.76%

General & Administrative Expenses
Trustee Services | $	5,601.92 | $	5,500.00 | $	101.92 | $	6,000.00 | 93.37%
Management | 30,250.00 | 30,250.00 | - | 33,000.00 | 91.67%
Engineering | 2,146.00 | 9,166.67 | (7,020.67) | 10,000.00 | 21.46%
Disclosure Agent | 3,750.00 | 4,583.33 | (833.33) | 5,000.00 | 75.00%
District Counsel | 2,515.50 | 18,333.33 | (15,817.83) | 20,000.00 | 12.58%
Postage & Shipping | 71.06 | 366.67 | (295.61) | 400.00 | 17.77%
Property Appraiser | 267.92 | 366.67 | (98.75) | 400.00 | 66.98%
Assessment Administration | 7,500.00 | 6,875.00 | 625.00 | 7,500.00 | 100.00%
Re-Amortization Schedule | - | 229.17 | (229.17) | 250.00 | 0.00%
Audit | 4,100.00 | 3,300.00 | 800.00 | 3,600.00 | 113.89%
Legal Advertising | 663.03 | 3,300.00 | (2,636.97) | 3,600.00 | 18.42%
Miscellaneous | - | 229.17 | (229.17) | 250.00 | 0.00%
Arbitrage | - | 458.33 | (458.33) | 500.00 | 0.00%
Web Site Maintenance | 2,275.00 | 2,475.00 | (200.00) | 2,700.00 | 84.26%
Dues, Licenses, and Fees | 175.00 | 160.42 | 14.58 | 175.00 | 100.00%
Public Officials' Liability Insurance | 3,466.00 | 3,372.42 | 93.58 | 3,679.00 | 94.21%
General Liability Insurance | 4,236.00 | 4,121.33 | 114.67 | 4,496.00 | 94.22%
Additional Insurance | 500.00 | 458.33 | 41.67 | 500.00 | 100.00%
Irrigation | 24,379.30 | 91,666.67 | (67,287.37) | 100,000.00 | 24.38%
Lake Maintenance | - | 11,000.00 | (11,000.00) | 12,000.00 | 0.00%
Landscaping Maintenance and Material | 109,215.44 | 225,775.00 | (116,559.56) | 246,300.00 | 44.34%
Streetlights | 23,058.49 | 36,666.67 | (13,608.18) | 40,000.00 | 57.65%
Tax Preparation Fee | 12.84 | 18.33 | (5.49) | 20.00 | 64.20%
Supervisor Fees | 1,200.00 | - | 1,200.00 | - | 0.00%
Contingency | - | 2,644.58 | (2,644.58) | 2,885.00 | 0.00%

Total General & Administrative Expenses | | $ | 225,383.50 | | $ | 461,317.08 | | $ | (235,933.58) | | $ | 503,255.00 | | 44.79%
Total Expenses | | $ | 225,383.50 | | $ | 461,317.08 | | $ | (235,933.58) | | $ | 503,255.00 | |
Income (Loss) from Operations | | $ | 301,814.31 | | $ | - | | $ | 301,814.31 | | $ | - | |
Other Income (Expense) Interest Income Total Other Income (Expense) | | $ $ | 12,593.20 12,593.20 | | $ $ | - - | | $ $ | 12,593.20 12,593.20 | | $ $ | - - | |
Net Income (Loss) | | $ | 314,407.51 | | $ | - | | $ | 314,407.51 | | $ | - | |

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