Park Paseo Homeowners Association Standard Audited Budget For 2019 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $672,271.00 $123,440.00 $795,711.00 Member Assessments Total $672,271.00 $123,440.00 $795,711.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $3,625.00 $0.00 $3,625.00 Rental Income Total $3,625.00 $0.00 $3,625.00 530 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 $4,997.00 $0.00 $4,997.00 540.000.05 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 $2,977.00 $0.00 $2,977.00 Other Income Total $7,974.00 $0.00 $7,974.00 550 Investment Income 550.000.03 Investment Incom Investment Income $1,784.00 $24,126.00 $25,910.00 Investment Income Total $1,784.00 $24,126.00 $25,910.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $685,654.00 $147,566.00 $833,220.00 600 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 $11,060.00 $0.00 $11,060.00 640.000.07 Administrative Office supplies/printing/postage $20,213.00 $0.00 $20,213.00 Administrative Total $31,273.00 $0.00 $31,273.00 680 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 $14,843.00 $0.00 $14,843.00 Insurance Total $14,843.00 $0.00 $14,843.00 720 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 $280,506.00 $0.00 $280,506.00 Landscaping Total $280,506.00 $0.00 $280,506.00 760 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 $2,898.00 $0.00 $2,898.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $3,850.00 $0.00 $3,850.00 Professional Services Total $115,348.00 $0.00 $115,348.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $37,900.00 $0.00 $37,900.00 Property Protection Total $37,900.00 $0.00 $37,900.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $47,022.00 $0.00 $47,022.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $6,133.00 $6,133.00 840.001.11 General Maintena Common Areas $0.00 $12,590.00 $12,590.00 840.001.12 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 $47,022.00 $18,723.00 $65,745.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $19,100.00 $0.00 $19,100.00 Janitorial Subtotal $19,100.00 $0.00 $19,100.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $3,173.00 $0.00 $3,173.00 Miscellaneous Subtotal $3,173.00 $0.00 $3,173.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $39,023.00 $3,060.00 $42,083.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $39,023.00 $3,060.00 $42,083.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $124,163.00 $124,163.00 840.007.02 Recreation Tot Lot $0.00 $950.00 $950.00 Recreation Subtotal $0.00 $125,113.00 $125,113.00 Repair & Maintenance Total $108,318.00 $146,896.00 $255,214.00 860 Utilities 860.000.01 Utilities Electric Service $35,486.00 $0.00 $35,486.00 860.000.02 Utilities Gas Service $12,741.00 $0.00 $12,741.00 860.000.03 Utilities Telephone Service $4,449.00 $0.00 $4,449.00 860.000.04 Utilities Trash and Recycling Service $1,426.00 $0.00 $1,426.00 860.000.05 Utilities Water Service $28,140.00 $0.00 $28,140.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $82,242.00 $0.00 $82,242.00 880 Taxes 880.000.01 Taxes Federal Income Tax $8,834.00 $0.00 $8,834.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $8,834.00 $0.00 $8,834.00 900 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 $679,264.00 $146,896.00 $826,160.00 Excess(deficiency) Total $6,390.00 $670.00 $7,060.00