Park Paseo Homeowners Association Standard Audited Budget For 2003 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $396,669.00 $60,831.00 $457,500.00 Member Assessments Total $396,669.00 $60,831.00 $457,500.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $0.00 $0.00 $0.00 Rental Income Total $0.00 $0.00 $0.00 530 Collections Income 530.000.01 Collections Inco Late Fees & Interest $5,649.00 $0.00 $5,649.00 Collections Income Total $5,649.00 $0.00 $5,649.00 540 Other Income 540.000.04 Other Income Recovery of Bad Debt $0.00 $0.00 $0.00 540.000.05 Other Income Miscellaneous Income $0.00 $0.00 $0.00 540.000.08 Other Income Sale of Easement $0.00 $0.00 $0.00 540.000.09 Other Income Other Charges to Owners $9,299.00 $0.00 $9,299.00 540.000.10 Other Income Other Income $6,797.00 $528.00 $7,325.00 Other Income Total $16,096.00 $528.00 $16,624.00 550 Investment Income 550.000.03 Investment Incom Investment Income $12,452.00 $0.00 $12,452.00 Investment Income Total $12,452.00 $0.00 $12,452.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $430,866.00 $61,359.00 $492,225.00 600 Expenses 640 Administrative 640.000.02 Administrative Office Supplies $0.00 $0.00 $0.00 640.000.03 Administrative Reserve Studies $0.00 $0.00 $0.00 640.000.04 Administrative Other Administrative Costs $0.00 $0.00 $0.00 640.000.05 Administrative General Administrative $0.00 $0.00 $0.00 640.000.07 Administrative Office supplies/printing/postage $10,674.00 $0.00 $10,674.00 Administrative Total $10,674.00 $0.00 $10,674.00 680 Communications 680.001 Community 680.001.02 Community Newsletters/Mailouts/Extras $2,828.00 $0.00 $2,828.00 Community Subtotal $2,828.00 $0.00 $2,828.00 Communications Total $2,828.00 $0.00 $2,828.00 700 Insurance 700.000.01 Insurance Insurance $15,828.00 $0.00 $15,828.00 Insurance Total $15,828.00 $0.00 $15,828.00 720 Landscaping 720.000.01 Landscaping Grounds & Landscaping - Contract $0.00 $0.00 $0.00 720.000.05 Landscaping Landscape Repair & Maintenance $0.00 $0.00 $0.00 720.000.07 Landscaping Landscape Expenses Total $0.00 $0.00 $0.00 720.000.08 Landscaping Landscape Expense $164,166.00 $0.00 $164,166.00 Landscaping Total $164,166.00 $0.00 $164,166.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $0.00 $0.00 $0.00 760.000.02 Professional Ser Legal Services $7,152.00 $8,460.00 $15,612.00 760.000.04 Professional Ser Management Fees $0.00 $0.00 $0.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $0.00 $0.00 $0.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $0.00 $0.00 $0.00 Professional Services Total $7,152.00 $8,460.00 $15,612.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $46,867.00 $0.00 $46,867.00 Property Protection Total $46,867.00 $0.00 $46,867.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $0.00 $0.00 $0.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $0.00 $0.00 840.001.11 General Maintena Common Areas $37,260.00 $25,164.00 $62,424.00 840.001.12 General Maintena Deck $0.00 $0.00 $0.00 840.001.13 General Maintena Streets & Drives $0.00 $0.00 $0.00 General Maintenance Subtotal $37,260.00 $25,164.00 $62,424.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $0.00 $0.00 $0.00 Janitorial Subtotal $0.00 $0.00 $0.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $0.00 $0.00 $0.00 Miscellaneous Subtotal $0.00 $0.00 $0.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $0.00 $0.00 $0.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $18,784.00 $0.00 $18,784.00 Pool Subtotal $18,784.00 $0.00 $18,784.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $0.00 $0.00 840.007.02 Recreation Tot Lot $0.00 $0.00 $0.00 Recreation Subtotal $0.00 $0.00 $0.00 Repair & Maintenance Total $56,044.00 $25,164.00 $81,208.00 860 Utilities 860.000.01 Utilities Electric Service $0.00 $0.00 $0.00 860.000.02 Utilities Gas Service $0.00 $0.00 $0.00 860.000.03 Utilities Telephone Service $0.00 $0.00 $0.00 860.000.04 Utilities Trash and Recycling Service $56,184.00 $0.00 $56,184.00 860.000.05 Utilities Water Service $0.00 $0.00 $0.00 860.000.06 Utilities Utilities $51,373.00 $0.00 $51,373.00 Utilities Total $107,557.00 $0.00 $107,557.00 880 Taxes 880.000.01 Taxes Federal Income Tax $4,216.00 $0.00 $4,216.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $4,216.00 $0.00 $4,216.00 900 Other Expenses 900.000.03 Other Expenses Loss on sale of investment $0.00 $0.00 $0.00 900.000.04 Other Expenses Miscellaneous $6,264.00 $0.00 $6,264.00 900.000.05 Other Expenses Bad debt expense $0.00 $0.00 $0.00 Other Expenses Total $6,264.00 $0.00 $6,264.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $0.00 $0.00 920.000.07 Reserves Clubhouse Reserve $0.00 $0.00 $0.00 920.000.08 Reserves Trellis Reserve $0.00 $0.00 $0.00 920.000.09 Reserves Painting Reserve $0.00 $0.00 $0.00 920.000.10 Reserves Pool/Spa $20,122.00 $0.00 $20,122.00 920.000.14 Reserves Roof Building $0.00 $0.00 $0.00 920.000.18 Reserves Tennis Court $0.00 $0.00 $0.00 Reserves Total $20,122.00 $0.00 $20,122.00 Expense Total $441,718.00 $33,624.00 $475,342.00 Excess(deficiency) Total $-10,852.00 $27,735.00 $16,883.00