Park Paseo Homeowners Association Standard Audited Budget For 2015 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $543,483.00 $169,017.00 $712,500.00 Member Assessments Total $543,483.00 $169,017.00 $712,500.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $8,100.00 $0.00 $8,100.00 Rental Income Total $8,100.00 $0.00 $8,100.00 530 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 $100.00 $0.00 $100.00 540.000.05 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 $10,930.00 $0.00 $10,930.00 Other Income Total $11,030.00 $0.00 $11,030.00 550 Investment Income 550.000.03 Investment Incom Investment Income $452.00 $3,456.00 $3,908.00 Investment Income Total $452.00 $3,456.00 $3,908.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $563,065.00 $172,473.00 $735,538.00 600 Expenses 640 Administrative 640.000.02 Administrative Office Supplies $0.00 $0.00 $0.00 640.000.03 Administrative Reserve Studies $1,695.00 $0.00 $1,695.00 640.000.04 Administrative Other Administrative Costs $0.00 $0.00 $0.00 640.000.05 Administrative General Administrative $9,118.00 $190.00 $9,308.00 640.000.07 Administrative Office supplies/printing/postage $20,315.00 $0.00 $20,315.00 Administrative Total $31,128.00 $190.00 $31,318.00 680 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 $15,433.00 $0.00 $15,433.00 Insurance Total $15,433.00 $0.00 $15,433.00 720 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 $173,868.00 $0.00 $173,868.00 Landscaping Total $173,868.00 $0.00 $173,868.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $1,818.00 $0.00 $1,818.00 760.000.02 Professional Ser Legal Services $0.00 $0.00 $0.00 760.000.04 Professional Ser Management Fees $80,400.00 $0.00 $80,400.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $16,886.00 $0.00 $16,886.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $0.00 $0.00 $0.00 Professional Services Total $99,104.00 $0.00 $99,104.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $50,210.00 $0.00 $50,210.00 Property Protection Total $50,210.00 $0.00 $50,210.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $31,255.00 $6,983.00 $38,238.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $0.00 $0.00 840.001.11 General Maintena Common Areas $0.00 $5,250.00 $5,250.00 840.001.12 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 $31,255.00 $12,233.00 $43,488.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $15,001.00 $0.00 $15,001.00 Janitorial Subtotal $15,001.00 $0.00 $15,001.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $1,778.00 $0.00 $1,778.00 Miscellaneous Subtotal $1,778.00 $0.00 $1,778.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $29,064.00 $71,282.00 $100,346.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $29,064.00 $71,282.00 $100,346.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $24,665.00 $24,665.00 840.007.02 Recreation Tot Lot $0.00 $44,632.00 $44,632.00 Recreation Subtotal $0.00 $69,297.00 $69,297.00 Repair & Maintenance Total $77,098.00 $152,812.00 $229,910.00 860 Utilities 860.000.01 Utilities Electric Service $32,973.00 $0.00 $32,973.00 860.000.02 Utilities Gas Service $12,884.00 $0.00 $12,884.00 860.000.03 Utilities Telephone Service $3,606.00 $0.00 $3,606.00 860.000.04 Utilities Trash and Recycling Service $1,178.00 $0.00 $1,178.00 860.000.05 Utilities Water Service $35,983.00 $0.00 $35,983.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $86,624.00 $0.00 $86,624.00 880 Taxes 880.000.01 Taxes Federal Income Tax $10.00 $1,204.00 $1,214.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $10.00 $1,204.00 $1,214.00 900 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 $2,879.00 $0.00 $2,879.00 Other Expenses Total $2,879.00 $0.00 $2,879.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $3,465.00 $3,465.00 920.000.07 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 $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 $12,140.00 $12,140.00 Reserves Total $0.00 $15,605.00 $15,605.00 Expense Total $536,354.00 $169,811.00 $706,165.00 Excess(deficiency) Total $26,711.00 $2,662.00 $29,373.00