Park Paseo Homeowners Association Standard Audited Budget For 2016 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $558,202.00 $221,798.00 $780,000.00 Member Assessments Total $558,202.00 $221,798.00 $780,000.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $14,350.00 $0.00 $14,350.00 Rental Income Total $14,350.00 $0.00 $14,350.00 530 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 $3,027.00 $0.00 $3,027.00 540.000.05 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 $18,102.00 $0.00 $18,102.00 Other Income Total $21,129.00 $0.00 $21,129.00 550 Investment Income 550.000.03 Investment Incom Investment Income $1,393.00 $2,837.00 $4,230.00 Investment Income Total $1,393.00 $2,837.00 $4,230.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $595,074.00 $224,635.00 $819,709.00 600 Expenses 640 Administrative 640.000.02 Administrative Office Supplies $0.00 $0.00 $0.00 640.000.03 Administrative Reserve Studies $2,295.00 $0.00 $2,295.00 640.000.04 Administrative Other Administrative Costs $0.00 $0.00 $0.00 640.000.05 Administrative General Administrative $7,837.00 $0.00 $7,837.00 640.000.07 Administrative Office supplies/printing/postage $12,865.00 $0.00 $12,865.00 Administrative Total $22,997.00 $0.00 $22,997.00 680 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 $16,428.00 $0.00 $16,428.00 Insurance Total $16,428.00 $0.00 $16,428.00 720 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 $179,096.00 $0.00 $179,096.00 Landscaping Total $179,096.00 $0.00 $179,096.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $1,700.00 $0.00 $1,700.00 760.000.02 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 $6,400.00 $0.00 $6,400.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $0.00 $0.00 $0.00 Professional Services Total $88,500.00 $0.00 $88,500.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $36,329.00 $0.00 $36,329.00 Property Protection Total $36,329.00 $0.00 $36,329.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $97,868.00 $0.00 $97,868.00 840.001.10 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 $2,399.00 $2,399.00 840.001.13 General Maintena Streets & Drives $0.00 $0.00 $0.00 General Maintenance Subtotal $97,868.00 $2,399.00 $100,267.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $13,529.00 $0.00 $13,529.00 Janitorial Subtotal $13,529.00 $0.00 $13,529.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $1,133.00 $0.00 $1,133.00 Miscellaneous Subtotal $1,133.00 $0.00 $1,133.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $42,916.00 $39,593.00 $82,509.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $42,916.00 $39,593.00 $82,509.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $18,886.00 $18,886.00 840.007.02 Recreation Tot Lot $0.00 $0.00 $0.00 Recreation Subtotal $0.00 $18,886.00 $18,886.00 Repair & Maintenance Total $155,446.00 $60,878.00 $216,324.00 860 Utilities 860.000.01 Utilities Electric Service $30,528.00 $0.00 $30,528.00 860.000.02 Utilities Gas Service $12,019.00 $0.00 $12,019.00 860.000.03 Utilities Telephone Service $3,085.00 $0.00 $3,085.00 860.000.04 Utilities Trash and Recycling Service $1,874.00 $0.00 $1,874.00 860.000.05 Utilities Water Service $40,496.00 $0.00 $40,496.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $88,002.00 $0.00 $88,002.00 880 Taxes 880.000.01 Taxes Federal Income Tax $10.00 $1,314.00 $1,324.00 880.000.02 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 $1,314.00 $1,324.00 900 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 $0.00 $0.00 $0.00 Other Expenses Total $0.00 $0.00 $0.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $87,936.00 $87,936.00 920.000.07 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 $0.00 $0.00 Reserves Total $0.00 $87,936.00 $87,936.00 Expense Total $586,808.00 $150,128.00 $736,936.00 Excess(deficiency) Total $8,266.00 $74,507.00 $82,773.00