Park Paseo Homeowners Association Standard Audited Budget For 2004 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $386,021.00 $71,479.00 $457,500.00 Member Assessments Total $386,021.00 $71,479.00 $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 $5,000.00 $0.00 $5,000.00 Collections Income Total $5,000.00 $0.00 $5,000.00 540 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 $7,071.00 $0.00 $7,071.00 540.000.10 Other Income Other Income $7,712.00 $0.00 $7,712.00 Other Income Total $14,783.00 $0.00 $14,783.00 550 Investment Income 550.000.03 Investment Incom Investment Income $13,170.00 $0.00 $13,170.00 Investment Income Total $13,170.00 $0.00 $13,170.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $418,974.00 $71,479.00 $490,453.00 600 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 $9,735.00 $0.00 $9,735.00 Administrative Total $9,735.00 $0.00 $9,735.00 680 Communications 680.001 Community 680.001.02 Community Newsletters/Mailouts/Extras $3,085.00 $0.00 $3,085.00 Community Subtotal $3,085.00 $0.00 $3,085.00 Communications Total $3,085.00 $0.00 $3,085.00 700 Insurance 700.000.01 Insurance Insurance $17,354.00 $0.00 $17,354.00 Insurance Total $17,354.00 $0.00 $17,354.00 720 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 $143,619.00 $0.00 $143,619.00 Landscaping Total $143,619.00 $0.00 $143,619.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $0.00 $0.00 $0.00 760.000.02 Professional Ser Legal Services $8,465.00 $0.00 $8,465.00 760.000.04 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 $8,465.00 $0.00 $8,465.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $53,685.00 $0.00 $53,685.00 Property Protection Total $53,685.00 $0.00 $53,685.00 840 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 $34,345.00 $50,173.00 $84,518.00 840.001.12 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 $34,345.00 $50,173.00 $84,518.00 840.002 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 $29,629.00 $0.00 $29,629.00 Pool Subtotal $29,629.00 $0.00 $29,629.00 840.007 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 $63,974.00 $50,173.00 $114,147.00 860 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 $59,170.00 $0.00 $59,170.00 860.000.05 Utilities Water Service $0.00 $0.00 $0.00 860.000.06 Utilities Utilities $54,868.00 $0.00 $54,868.00 Utilities Total $114,038.00 $0.00 $114,038.00 880 Taxes 880.000.01 Taxes Federal Income Tax $4,151.00 $0.00 $4,151.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $4,151.00 $0.00 $4,151.00 900 Other Expenses 900.000.03 Other Expenses Loss on sale of investment $0.00 $0.00 $0.00 900.000.04 Other Expenses Miscellaneous $12,140.00 $0.00 $12,140.00 900.000.05 Other Expenses Bad debt expense $0.00 $0.00 $0.00 Other Expenses Total $12,140.00 $0.00 $12,140.00 920 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 $15,818.00 $9,193.00 $25,011.00 920.000.14 Reserves Roof Building $0.00 $0.00 $0.00 920.000.18 Reserves Tennis Court $0.00 $0.00 $0.00 Reserves Total $15,818.00 $9,193.00 $25,011.00 Expense Total $446,064.00 $59,366.00 $505,430.00 Excess(deficiency) Total $-27,090.00 $12,113.00 $-14,977.00