Park Paseo Homeowners Association Standard Audited Budget For 2020 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $697,224.00 $412,709.00 $1,109,933.00 Member Assessments Total $697,224.00 $412,709.00 $1,109,933.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $1,800.00 $0.00 $1,800.00 Rental Income Total $1,800.00 $0.00 $1,800.00 530 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 $2,399.00 $0.00 $2,399.00 540.000.05 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 $2,478.00 $0.00 $2,478.00 Other Income Total $4,877.00 $0.00 $4,877.00 550 Investment Income 550.000.03 Investment Incom Investment Income $421.00 $9,450.00 $9,871.00 Investment Income Total $421.00 $9,450.00 $9,871.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $704,322.00 $422,159.00 $1,126,481.00 600 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 $53,917.00 $0.00 $53,917.00 640.000.07 Administrative Office supplies/printing/postage $3,655.00 $0.00 $3,655.00 Administrative Total $57,572.00 $0.00 $57,572.00 680 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 $14,894.00 $0.00 $14,894.00 Insurance Total $14,894.00 $0.00 $14,894.00 720 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 $244,852.00 $0.00 $244,852.00 Landscaping Total $244,852.00 $0.00 $244,852.00 760 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 $111,888.00 $0.00 $111,888.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $15,545.00 $0.00 $15,545.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $2,715.00 $0.00 $2,715.00 Professional Services Total $130,148.00 $0.00 $130,148.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $43,435.00 $0.00 $43,435.00 Property Protection Total $43,435.00 $0.00 $43,435.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $30,437.00 $0.00 $30,437.00 840.001.10 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 $30,437.00 $0.00 $30,437.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $19,130.00 $0.00 $19,130.00 Janitorial Subtotal $19,130.00 $0.00 $19,130.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $5,725.00 $0.00 $5,725.00 Miscellaneous Subtotal $5,725.00 $0.00 $5,725.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $33,519.00 $413,950.00 $447,469.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $33,519.00 $413,950.00 $447,469.00 840.007 Recreation 840.007.01 Recreation Recreation Supplies/Repair & Maintenan $0.00 $0.00 $0.00 840.007.02 Recreation Tot Lot $0.00 $0.00 $0.00 Recreation Subtotal $0.00 $0.00 $0.00 Repair & Maintenance Total $88,811.00 $413,950.00 $502,761.00 860 Utilities 860.000.01 Utilities Electric Service $32,981.00 $0.00 $32,981.00 860.000.02 Utilities Gas Service $6,032.00 $0.00 $6,032.00 860.000.03 Utilities Telephone Service $4,266.00 $0.00 $4,266.00 860.000.04 Utilities Trash and Recycling Service $1,407.00 $0.00 $1,407.00 860.000.05 Utilities Water Service $38,146.00 $0.00 $38,146.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $82,832.00 $0.00 $82,832.00 880 Taxes 880.000.01 Taxes Federal Income Tax $3,273.00 $0.00 $3,273.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $3,273.00 $0.00 $3,273.00 900 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 $5,384.00 $5,384.00 920.000.07 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 $2,825.00 $2,825.00 920.000.10 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 $8,209.00 $8,209.00 Expense Total $665,817.00 $422,159.00 $1,087,976.00 Excess(deficiency) Total $38,505.00 $0.00 $38,505.00