Announcements

Acct # Description Budget 8/31/09 Annualized Approved

4010 Maintenance Assessments $ 651,704.00 $ 434,560.00 $ 651,840.00 $ 651,359.00

Subtotal - Maint Income $ 651,704.00 $ 434,560.00 $ 651,840.00 $ 651,359.00

4210 Interest - Operating $ 1,200.00 $ 43.51 $ 65.27 $ 70.00

4211 Interest - Reserves $ 1,500.00 $ 355.10 $ 532.65 $ -

4212 Interest - Tract B Reserves $ 18.20 $ 27.30 $ -

4215 Rental & Sales Fee $ 50.00 $ 75.00 $ 112.50 $ 100.00

4220 Late Fees $ 2,000.00 $ 1,127.40 $ 1,691.10 $ 1,500.00

4221 Owner Interest Income $ 592.41 $ -

4222 Legal Fee Reimbursement $ - $ 244.24 $ -

4225 Misc Income $ 700.00 $ 3,113.98 $ 4,670.97 $ 800.00

4245 Other Income $ -

Subtotal - Other Income $ 5,450.00 $ 5,569.84 $ 7,099.79 $ 2,470.00

TOTAL INCOME $ 657,154.00 $ 440,129.84 $ 658,939.79 $ 653,829.00

5010 Electricity $ 35,000.00 $ 20,027.64 $ 30,041.46 $ 35,000.00

5015 Water $ 3,300.00 $ 2,321.65 $ 3,482.48 $ 3,600.00

Subtotal - Utilities $ 38,300.00 $ 22,349.29 $ 33,523.94 $ 38,600.00

5510 Landscape Contract $ 59,812.00 $ 40,144.40 $ 60,216.60 $ 59,812.00

5530 Janitorial $ 21,650.00 $ 15,192.08 $ 22,788.12 $ 21,650.00

5535 Cable TV $ 107,900.00 $ 74,010.00 $ 111,015.00 $ 117,660.00

5545 Security - Gate Attendant $ 120,952.00 $ 77,088.96 $ 115,633.44 $ 124,000.00

5546 Security - Home Monitoring $ 66,000.00 $ 43,792.74 $ 65,689.11 $ 27,000.00

Home monitoring repairs $ 5,000.00

5547 Security - Sheriff Patrols $ 600.00 $ 246.00 $ 369.00 $ 600.00

5555 Lake Maint Contract $ 3,700.00 $ 2,789.84 $ 4,184.76 $ 4,856.00

5560 Pool Maint Contract $ 5,900.00 $ 3,800.00 $ 5,700.00 $ 5,900.00

Subtotal - Operating $ 386,514.00 $ 257,064.02 $ 385,596.03 $ 366,478.00

6010 General Repairs & Maint $ 20,000.00 $ 18,313.26 $ 27,469.89 $ 27,500.00

6020 Pool Repairs & Maint $ 3,500.00 $ 2,938.88 $ 4,408.32 $ 3,500.00

6025 Gate Maint $ 4,000.00 $ 5,381.01 $ 8,071.52 $ 4,000.00

6030 Landscape - Extras $ 10,500.00 $ 8,863.04 $ 13,294.56 $ 20,000.00

6060 Sprinkler System Maint $ 7,500.00 $ 4,724.61 $ 7,086.92 $ 7,500.00

6070 Tree Trimming $ 4,700.00 $ 1,420.00 $ 2,130.00 $ 4,700.00

6080 Maint Supplies $ 5,000.00 $ 3,890.72 $ 5,836.08 $ 6,500.00

Subtotal - Repairs & Maint $ 55,200.00 $ 45,531.52 $ 68,297.28 $ 73,700.00

7010 Management Fees $ 72,656.00 $ 48,504.32 $ 72,756.48 $ 72,656.00

7015 Legal $ 12,000.00 $ 6,055.00 $ 9,082.50 $ 12,000.00

7020 Accounting / Tax Prep $ 200.00 $ 50.00 $ 75.00 $ 100.00

7025 Licenses & Fees $ 400.00 $ 311.25 $ 466.88 $ 475.00

Office Supplies/repairs $ 2,000.00 $ 2,034.44 $ 3,051.66 $ 3,000.00

7030 Telephone $ 5,100.00 $ 4,034.37 $ 6,051.56 $ 5,100.00

7035 Postage & Printing $ 4,000.00 $ 385.86 $ 578.79 $ 4,000.00

7036 Newsletter $ 1,600.00 $ 11.89 $ 17.84 $ 1,600.00

Webpage $ 720.00 $ 480.00 $ 720.00 $ 720.00

7045 Misc $ 1,500.00 $ 2,381.38 $ 3,572.07

7050 Contingency Fund $ 7,000.00 $ 820.00 $ 1,230.00 $ 10,000.00

Bad debt $ 15,000.00

Subtotal - Administrative $ 107,176.00 $ 65,068.51 $ 97,602.77 $ 124,651.00

7510 Insurance $ 18,400.00 $ 9,192.12 $ 13,788.18 $ 18,400.00

7550 Income Taxes $ - $ - $ -

Subtotal - Insurance $ 18,400.00 $ 9,192.12 $ 13,788.18 $ 18,400.00

8090 Resv - General $ 41,164.00 $ 27,442.64 $ 41,163.96 $ 32,000.00

8091 Interest $ 1,500.00 $ 373.30 $ 447.96 $ -

Subtotal - Reserves $ 42,664.00 $ 27,815.94 $ 41,611.92 $ 32,000.00

TOTAL EXPENSES $ 648,254.00 $ 427,021.40 $ 640,420.11 $ 653,829.00

NET INCOME / (LOSS) $ (4,352.10) $ 12,716.02 $ 18,519.67 $ 653,829.00

Assessment 2009 $194.00

Assessment 2010 - $194.00