Park Paseo Homeowners Association Standard Audited Budget For 2018 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $638,520.00 $193,980.00 $832,500.00 Member Assessments Total $638,520.00 $193,980.00 $832,500.00 520 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 $2,888.00 $0.00 $2,888.00 540.000.05 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 $8,690.00 $0.00 $8,690.00 Other Income Total $11,578.00 $0.00 $11,578.00 550 Investment Income 550.000.03 Investment Incom Investment Income $1,342.00 $13,682.00 $15,024.00 Investment Income Total $1,342.00 $13,682.00 $15,024.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $659,540.00 $207,662.00 $867,202.00 600 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 $26,984.00 $0.00 $26,984.00 640.000.07 Administrative Office supplies/printing/postage $20,955.00 $0.00 $20,955.00 Administrative Total $47,939.00 $0.00 $47,939.00 680 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 $15,909.00 $0.00 $15,909.00 Insurance Total $15,909.00 $0.00 $15,909.00 720 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 $246,807.00 $0.00 $246,807.00 Landscaping Total $246,807.00 $0.00 $246,807.00 760 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 $108,600.00 $0.00 $108,600.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $4,010.00 $0.00 $4,010.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $3,395.00 $0.00 $3,395.00 Professional Services Total $116,005.00 $0.00 $116,005.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $38,938.00 $0.00 $38,938.00 Property Protection Total $38,938.00 $0.00 $38,938.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $27,844.00 $0.00 $27,844.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $15,718.00 $15,718.00 840.001.11 General Maintena Common Areas $0.00 $1,065.00 $1,065.00 840.001.12 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 $27,844.00 $16,783.00 $44,627.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $17,173.00 $0.00 $17,173.00 Janitorial Subtotal $17,173.00 $0.00 $17,173.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $3,618.00 $0.00 $3,618.00 Miscellaneous Subtotal $3,618.00 $0.00 $3,618.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $41,311.00 $6,882.00 $48,173.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $41,311.00 $6,882.00 $48,173.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $0.00 $0.00 840.007.02 Recreation Tot Lot $0.00 $4,224.00 $4,224.00 Recreation Subtotal $0.00 $4,224.00 $4,224.00 Repair & Maintenance Total $89,946.00 $27,889.00 $117,815.00 860 Utilities 860.000.01 Utilities Electric Service $30,950.00 $0.00 $30,950.00 860.000.02 Utilities Gas Service $14,598.00 $0.00 $14,598.00 860.000.03 Utilities Telephone Service $4,439.00 $0.00 $4,439.00 860.000.04 Utilities Trash and Recycling Service $2,037.00 $0.00 $2,037.00 860.000.05 Utilities Water Service $63,153.00 $0.00 $63,153.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $115,177.00 $0.00 $115,177.00 880 Taxes 880.000.01 Taxes Federal Income Tax $5,472.00 $0.00 $5,472.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $5,472.00 $0.00 $5,472.00 900 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 $0.00 $0.00 920.000.07 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 $0.00 $0.00 Expense Total $676,193.00 $27,889.00 $704,062.00 Excess(deficiency) Total $-16,653.00 $179,773.00 $163,140.00