INCOME
Maintenance Fee Income $13,229.00
Fines $0.00
Laundry $332.88
Late Charges/NSF Fees $650.50
Add Transfer of Funds $90.00
Total Income $14,302.38
 
EXPENSES - REPAIRS & MAINTENANCE
Carpet Cleaning $0.00
Plumbing-Heating-Electrical $727.20
Common Area - Painting $48.50
Common Area - Other $4,661.80
Grounds - Yard Work $1,568.34
Janitorial Maintenance/Supplies $0.00
Swimming Pool Maintenance/Repair $114.28
Building Repair - Exterior $54.14
Building Repair - Interior $1,230.00
Roof Repair $0.00
Lock & Keys $40.02
Building Shell Reparis or Gutter $0.00
Total Repairs & Maintenance $8,444.28
 
EXPENSES - REPLACEMENT
Plumbing-Heat Electrical Replacement $0.00
Carpet Replacement $0.00
 
Total Replacement $0.00
 
EXPENSES- UTILITIES
Utilities - Electric $353.02
Utilities - Gas $97.71
Utilities - Water/Sewer $4,057.43
Total Utilities $4,508.16
 
EXPENSES - PAYROLL
Payroll - Maintenance $500.00
Payroll - Taxes $57.25
Workmans Compensation Insurance $49.80
Total Payroll $607.05
 
EXPENSES - GENERAL & Administrative
Termite Bond $0.00
Postage $0.00
Insurance $0.00
Taxes $0.00
Office Supplies $0.00
Waste Removal $340.59
Extermination $670.00
Signs $39.00
Legal ($400.00)
Audit Accounting $0.00
Miscellaneous Services $0.00
Paint Replacement Reserves $524.00
Monthly Reserve $524.00
Transfer of Funds prior bal. 12/24/02 $0.00
Total General & Administrative $1,697.59
 
MANAGEMENT FEE $924.00

TOTAL EXPENSES $16,181.08

NET INCOME (LOSS) ($1,878.70)