Park Paseo Homeowners Association Standard Audited Budget For 2013 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $501,189.00 $136,311.00 $637,500.00 Member Assessments Total $501,189.00 $136,311.00 $637,500.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $10,850.00 $0.00 $10,850.00 Rental Income Total $10,850.00 $0.00 $10,850.00 530 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 $12,600.00 $0.00 $12,600.00 Other Income Total $12,600.00 $0.00 $12,600.00 550 Investment Income 550.000.03 Investment Incom Investment Income $0.00 $1,788.00 $1,788.00 Investment Income Total $0.00 $1,788.00 $1,788.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $524,639.00 $138,099.00 $662,738.00 600 Expenses 640 Administrative 640.000.02 Administrative Office Supplies $0.00 $0.00 $0.00 640.000.03 Administrative Reserve Studies $2,215.00 $0.00 $2,215.00 640.000.04 Administrative Other Administrative Costs $0.00 $0.00 $0.00 640.000.05 Administrative General Administrative $22,003.00 $95.00 $22,098.00 640.000.07 Administrative Office supplies/printing/postage $17,621.00 $0.00 $17,621.00 Administrative Total $41,839.00 $95.00 $41,934.00 680 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 $14,710.00 $0.00 $14,710.00 Insurance Total $14,710.00 $0.00 $14,710.00 720 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 $136,661.00 $35,030.00 $171,691.00 Landscaping Total $136,661.00 $35,030.00 $171,691.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $1,800.00 $0.00 $1,800.00 760.000.02 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 $5,223.00 $0.00 $5,223.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $0.00 $0.00 $0.00 Professional Services Total $67,023.00 $0.00 $67,023.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $41,384.00 $0.00 $41,384.00 Property Protection Total $41,384.00 $0.00 $41,384.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $51,340.00 $0.00 $51,340.00 840.001.10 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 $0.00 $0.00 General Maintenance Subtotal $51,340.00 $0.00 $51,340.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $14,314.00 $0.00 $14,314.00 Janitorial Subtotal $14,314.00 $0.00 $14,314.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $1,488.00 $0.00 $1,488.00 Miscellaneous Subtotal $1,488.00 $0.00 $1,488.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $45,851.00 $144,754.00 $190,605.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $45,851.00 $144,754.00 $190,605.00 840.007 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 $112,993.00 $144,754.00 $257,747.00 860 Utilities 860.000.01 Utilities Electric Service $29,153.00 $0.00 $29,153.00 860.000.02 Utilities Gas Service $12,106.00 $0.00 $12,106.00 860.000.03 Utilities Telephone Service $3,860.00 $0.00 $3,860.00 860.000.04 Utilities Trash and Recycling Service $1,831.00 $0.00 $1,831.00 860.000.05 Utilities Water Service $28,825.00 $0.00 $28,825.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $75,775.00 $0.00 $75,775.00 880 Taxes 880.000.01 Taxes Federal Income Tax $26.00 $483.00 $509.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $26.00 $483.00 $509.00 900 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 $5,729.00 $0.00 $5,729.00 Other Expenses Total $5,729.00 $0.00 $5,729.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $0.00 $0.00 920.000.07 Reserves Clubhouse Reserve $0.00 $5,344.00 $5,344.00 920.000.08 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 $5,344.00 $5,344.00 Expense Total $496,140.00 $185,706.00 $681,846.00 Excess(deficiency) Total $28,499.00 $-47,607.00 $-19,108.00