Park Paseo Homeowners Association Standard Audited Budget For 2021 Operating Replacement Asset ID Name Fund Fund Total 500 Revenues 505 Member Assessments 505.000.01 Member Assessmen Homeowners Association Fees $732,000.00 $318,799.00 $1,050,799.00 Member Assessments Total $732,000.00 $318,799.00 $1,050,799.00 520 Rental Income 520.000.01 Rental Income Clubhouse Rental Fee $4,580.00 $0.00 $4,580.00 Rental Income Total $4,580.00 $0.00 $4,580.00 530 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 $0.00 $0.00 $0.00 540.000.05 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 $9,992.00 $0.00 $9,992.00 Other Income Total $9,992.00 $0.00 $9,992.00 550 Investment Income 550.000.03 Investment Incom Investment Income $162.00 $373.00 $535.00 Investment Income Total $162.00 $373.00 $535.00 560 Income 560.000.01 Income Other Income $0.00 $0.00 $0.00 Income Total $0.00 $0.00 $0.00 Revenue Total $746,734.00 $319,172.00 $1,065,906.00 600 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 $19,366.00 $1,083.00 $20,449.00 640.000.07 Administrative Office supplies/printing/postage $1,267.00 $0.00 $1,267.00 Administrative Total $20,633.00 $1,083.00 $21,716.00 680 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 $14,939.00 $0.00 $14,939.00 Insurance Total $14,939.00 $0.00 $14,939.00 720 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 $206,833.00 $63,730.00 $270,563.00 Landscaping Total $206,833.00 $63,730.00 $270,563.00 760 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 $107,772.00 $0.00 $107,772.00 760.000.06 Professional Ser Salaries & Related $0.00 $0.00 $0.00 760.000.07 Professional Ser Legal and collection $3,585.00 $0.00 $3,585.00 760.000.08 Professional Ser Audit/tax preparation/reserve study $2,850.00 $0.00 $2,850.00 Professional Services Total $114,207.00 $0.00 $114,207.00 780 Property Protection 780.000.01 Property Protect Property Protection - Patrol Service $0.00 $0.00 $0.00 Property Protection Total $0.00 $0.00 $0.00 840 Repair & Maintenance 840.001 General Maintenance 840.001.05 General Maintena General Repair & Maintenance $59,304.00 $0.00 $59,304.00 840.001.10 General Maintena Other Repair & Maintenance $0.00 $40.00 $40.00 840.001.11 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 $59,304.00 $40.00 $59,344.00 840.002 Janitorial 840.002.04 Janitorial Janitorial Combined Costs $21,097.00 $0.00 $21,097.00 Janitorial Subtotal $21,097.00 $0.00 $21,097.00 840.004 Miscellaneous 840.004.03 Miscellaneous Pest Control $1,728.00 $0.00 $1,728.00 Miscellaneous Subtotal $1,728.00 $0.00 $1,728.00 840.006 Pool 840.006.03 Pool Pool Supplies/Repair & Maintenance $36,017.00 $246,213.00 $282,230.00 840.006.04 Pool Pool Maintenance Contract $0.00 $0.00 $0.00 840.006.05 Pool Pool Monitor $0.00 $0.00 $0.00 Pool Subtotal $36,017.00 $246,213.00 $282,230.00 840.007 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 $118,146.00 $246,253.00 $364,399.00 860 Utilities 860.000.01 Utilities Electric Service $37,611.00 $0.00 $37,611.00 860.000.02 Utilities Gas Service $18,912.00 $0.00 $18,912.00 860.000.03 Utilities Telephone Service $3,471.00 $0.00 $3,471.00 860.000.04 Utilities Trash and Recycling Service $1,375.00 $0.00 $1,375.00 860.000.05 Utilities Water Service $41,863.00 $0.00 $41,863.00 860.000.06 Utilities Utilities $0.00 $0.00 $0.00 Utilities Total $103,232.00 $0.00 $103,232.00 880 Taxes 880.000.01 Taxes Federal Income Tax $0.00 $0.00 $0.00 880.000.02 Taxes Federal Tax $0.00 $0.00 $0.00 880.000.03 Taxes State Tax $0.00 $0.00 $0.00 Taxes Total $0.00 $0.00 $0.00 900 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 $5,408.00 $0.00 $5,408.00 Other Expenses Total $5,408.00 $0.00 $5,408.00 920 Reserves 920.000.02 Reserves Lighting $0.00 $4,159.00 $4,159.00 920.000.07 Reserves Clubhouse Reserve $0.00 $3,947.00 $3,947.00 920.000.08 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 $8,106.00 $8,106.00 Expense Total $583,398.00 $319,172.00 $902,570.00 Excess(deficiency) Total $163,336.00 $0.00 $163,336.00