Park Paseo Homeowners Association Standard Audited Budget For 2017 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $584,628.00 $210,372.00 $795,000.00 Member Assessments Total $584,628.00 $210,372.00 $795,000.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $3,840.00 $0.00 $3,840.00 Rental Income Total $3,840.00 $0.00 $3,840.00 530 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 $2,000.00 $0.00 $2,000.00 540.000.05 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 $5,046.00 $0.00 $5,046.00 Other Income Total $7,046.00 $0.00 $7,046.00 550 Investment Income 550.000.03 Investment Incom Investment Income $1,153.00 $5,113.00 $6,266.00 Investment Income Total $1,153.00 $5,113.00 $6,266.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $596,667.00 $215,485.00 $812,152.00 600 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 $17,903.00 $106.00 $18,009.00 640.000.07 Administrative Office supplies/printing/postage $14,576.00 $0.00 $14,576.00 Administrative Total $32,479.00 $106.00 $32,585.00 680 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 $14,815.00 $0.00 $14,815.00 Insurance Total $14,815.00 $0.00 $14,815.00 720 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 $210,111.00 $3,698.00 $213,809.00 Landscaping Total $210,111.00 $3,698.00 $213,809.00 760 Professional Services 760.000.01 Professional Ser Audit & Tax Services $0.00 $0.00 $0.00 760.000.02 Professional Ser Legal Services $0.00 $0.00 $0.00 760.000.04 Professional Ser Management Fees $103,900.00 $0.00 $103,900.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $4,881.00 $0.00 $4,881.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $3,395.00 $0.00 $3,395.00 Professional Services Total $112,176.00 $0.00 $112,176.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $38,237.00 $0.00 $38,237.00 Property Protection Total $38,237.00 $0.00 $38,237.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $52,932.00 $0.00 $52,932.00 840.001.10 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 $52,932.00 $0.00 $52,932.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $17,473.00 $0.00 $17,473.00 Janitorial Subtotal $17,473.00 $0.00 $17,473.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $4,533.00 $3,744.00 $8,277.00 Miscellaneous Subtotal $4,533.00 $3,744.00 $8,277.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $42,533.00 $0.00 $42,533.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $42,533.00 $0.00 $42,533.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $5,746.00 $5,746.00 840.007.02 Recreation Tot Lot $0.00 $0.00 $0.00 Recreation Subtotal $0.00 $5,746.00 $5,746.00 Repair & Maintenance Total $117,471.00 $9,490.00 $126,961.00 860 Utilities 860.000.01 Utilities Electric Service $32,004.00 $0.00 $32,004.00 860.000.02 Utilities Gas Service $11,672.00 $0.00 $11,672.00 860.000.03 Utilities Telephone Service $3,801.00 $0.00 $3,801.00 860.000.04 Utilities Trash and Recycling Service $1,941.00 $0.00 $1,941.00 860.000.05 Utilities Water Service $46,308.00 $0.00 $46,308.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $95,726.00 $0.00 $95,726.00 880 Taxes 880.000.01 Taxes Federal Income Tax $10.00 $2,020.00 $2,030.00 880.000.02 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 $2,020.00 $2,030.00 900 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 $31,342.00 $31,342.00 920.000.07 Reserves Clubhouse Reserve $0.00 $2,240.00 $2,240.00 920.000.08 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 $33,582.00 $33,582.00 Expense Total $621,025.00 $48,896.00 $669,921.00 Excess(deficiency) Total $-24,358.00 $166,589.00 $142,231.00