Park Paseo Homeowners Association Standard Audited Budget For 2012 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $484,800.00 $152,700.00 $637,500.00 Member Assessments Total $484,800.00 $152,700.00 $637,500.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $8,875.00 $0.00 $8,875.00 Rental Income Total $8,875.00 $0.00 $8,875.00 530 Collections Income 530.000.01 Collections Inco Late Fees & Interest $0.00 $0.00 $0.00 Collections Income Total $0.00 $0.00 $0.00 540 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 $0.00 $0.00 $0.00 540.000.10 Other Income Other Income $7,183.00 $0.00 $7,183.00 Other Income Total $7,183.00 $0.00 $7,183.00 550 Investment Income 550.000.03 Investment Incom Investment Income $0.00 $2,470.00 $2,470.00 Investment Income Total $0.00 $2,470.00 $2,470.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $500,858.00 $155,170.00 $656,028.00 600 Expenses 640 Administrative 640.000.02 Administrative Office Supplies $0.00 $0.00 $0.00 640.000.03 Administrative Reserve Studies $1,600.00 $0.00 $1,600.00 640.000.04 Administrative Other Administrative Costs $0.00 $0.00 $0.00 640.000.05 Administrative General Administrative $22,717.00 $0.00 $22,717.00 640.000.07 Administrative Office supplies/printing/postage $15,725.00 $0.00 $15,725.00 Administrative Total $40,042.00 $0.00 $40,042.00 680 Communications 680.001 Community 680.001.02 Community Newsletters/Mailouts/Extras $0.00 $0.00 $0.00 Community Subtotal $0.00 $0.00 $0.00 Communications Total $0.00 $0.00 $0.00 700 Insurance 700.000.01 Insurance Insurance $15,633.00 $0.00 $15,633.00 Insurance Total $15,633.00 $0.00 $15,633.00 720 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 $137,827.00 $0.00 $137,827.00 Landscaping Total $137,827.00 $0.00 $137,827.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $1,750.00 $0.00 $1,750.00 760.000.02 Professional Ser Legal Services $0.00 $0.00 $0.00 760.000.04 Professional Ser Management Fees $60,000.00 $0.00 $60,000.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $3,269.00 $0.00 $3,269.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $0.00 $0.00 $0.00 Professional Services Total $65,019.00 $0.00 $65,019.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $36,608.00 $0.00 $36,608.00 Property Protection Total $36,608.00 $0.00 $36,608.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $16,949.00 $9,120.00 $26,069.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $0.00 $0.00 840.001.11 General Maintena Common Areas $0.00 $0.00 $0.00 840.001.12 General Maintena Deck $0.00 $0.00 $0.00 840.001.13 General Maintena Streets & Drives $0.00 $2,335.00 $2,335.00 General Maintenance Subtotal $16,949.00 $11,455.00 $28,404.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $12,168.00 $0.00 $12,168.00 Janitorial Subtotal $12,168.00 $0.00 $12,168.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $1,209.00 $0.00 $1,209.00 Miscellaneous Subtotal $1,209.00 $0.00 $1,209.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $33,838.00 $5,400.00 $39,238.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $33,838.00 $5,400.00 $39,238.00 840.007 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 $64,164.00 $16,855.00 $81,019.00 860 Utilities 860.000.01 Utilities Electric Service $26,803.00 $0.00 $26,803.00 860.000.02 Utilities Gas Service $9,075.00 $0.00 $9,075.00 860.000.03 Utilities Telephone Service $3,702.00 $0.00 $3,702.00 860.000.04 Utilities Trash and Recycling Service $1,499.00 $0.00 $1,499.00 860.000.05 Utilities Water Service $28,179.00 $0.00 $28,179.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $69,258.00 $0.00 $69,258.00 880 Taxes 880.000.01 Taxes Federal Income Tax $0.00 $747.00 $747.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $0.00 $747.00 $747.00 900 Other Expenses 900.000.03 Other Expenses Loss on sale of investment $0.00 $0.00 $0.00 900.000.04 Other Expenses Miscellaneous $0.00 $0.00 $0.00 900.000.05 Other Expenses Bad debt expense $3,849.00 $0.00 $3,849.00 Other Expenses Total $3,849.00 $0.00 $3,849.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $0.00 $0.00 920.000.07 Reserves Clubhouse Reserve $0.00 $3,238.00 $3,238.00 920.000.08 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 $0.00 $0.00 $0.00 920.000.14 Reserves Roof Building $0.00 $0.00 $0.00 920.000.18 Reserves Tennis Court $0.00 $0.00 $0.00 Reserves Total $0.00 $3,238.00 $3,238.00 Expense Total $432,400.00 $20,840.00 $453,240.00 Excess(deficiency) Total $68,458.00 $134,330.00 $202,788.00