| DESCRIPTION | ANNUAL | MONTHLY |
|---|---|---|
| MONTHLY UNIT HOA FEE | $ 624.00 | |
| INCOME | ||
| ASSESSMENT | $ 3,983,616.00 | $ 331,968.00 |
| LAUNDRY ROOM | $ 102,000.00 | $ 8,500.00 |
| LATE & INTEREST | $ 21,132.00 | $ 1,761.00 |
| MOVE IN FEE | $ 18,000.00 | $ 1,500.00 |
| VENDING | $ 2,400.00 | $ 200.00 |
| CLUBHOUSE RENTAL | $ 6,000.00 | $ 500.00 |
| PARKING SPACES | $ 10,800.00 | $ 900.00 |
| KEY SALES | $ 5,400.00 | $ 450.00 |
| CCV OWNED UNIT RENTAL | $ 29,964.00 | $ 2,497.00 |
| $ 4,179,312.00 | ||
| INT/DIV-FROM RESERVES | $ 45,000.00 | |
| TOTAL RESERVE | $ 45,000.00 | $ - |
| TOTAL INCOME | $ 4,224,312.00 | $ 352,026.00 |
| EXPENSES | ||
| RECORDING SECRETARY | $ 6,675.00 | $ 445.00 |
| SECURITY SERVICES | $ 201,840.00 | $ 16,820.00 |
| ACCOUNTING & AUDIT | $ 12,000.00 | $ 692.00 |
| LEGAL RELATED | $ 84,000.00 | $ 7,000.00 |
| GOVERNANCE/ELECT/EDUC | $ 22,248.00 | $ 1,854.00 |
| SPECIAL MAILINGS | $ 1,320.00 | $ 110.00 |
| MANAGEMENT SERVICE | $ 54,000.00 | $ 4,500.00 |
| MISC POSTAGE & COPIES | $ 3,900.00 | $ 325.00 |
| OFFICE/ADMIN/ OTHER EXPENSES | $ 9,900.00 | $ 825.00 |
| COPIER LEASE | $ 1,980.00 | $ 165.00 |
| TAXES, PERMITS & LICENCES | $ 3,500.00 | $ 291.67 |
| RESERVE STUDY | $ 1,800.00 | $ 150.00 |
| PROPERTY INSURANCE | $ 944,608.36 | $ 78,717.36 |
| DIRECTOR & OFFICERS, FIDELITY INSURANCES | $ 34,105.00 | $ 2,842.08 |
| LANDSCAPE CONTRACT | $ 156,000.00 | $ 13,000.00 |
| TREE REMOVAL & TRIMMING | $ 30,000.00 | $ 2,500.00 |
| PLANTS & TREES | $ 7,500.00 | $ 250.00 |
| SPRINKLER REPAIRS | $ 6,600.00 | $ 750.00 |
| BUILDING MAINTENANCE | ||
| TRASH CHUTE RELATED | $ 4,920.00 | $ 410.00 |
| ELEVATOR MAINTENANCE CONTRACT | $ 26,136.00 | $ 2,178.00 |
| ELEVATOR REPAIRS EMER REPAIRS | $ 3,500.00 | $ 291.67 |
| HOUSEKEEPING SERVICES | $ 223,200.00 | $ 18,600.00 |
| PLUMBING REPAIRS-COMMON AREA | $ 11,760.00 | $ 980.00 |
| UNIT REPAIRS-WATER DAMAGE | $ 78,000.00 | $ 6,500.00 |
| MAINTENANCE SUPPLIES | $ 99,000.00 | $ 8,250.00 |
| FIRE EQUIPMENT SERVICE | $ 8,500.00 | $ 708.33 |
| DIRECTORY ENTRY REPAIR | $ 2,200.00 | $ 183.33 |
| LOCK SERVICE | $ 5,400.00 | $ 450.00 |
| PEST CONTROL | $ 10,440.00 | $ 870.00 |
| POOL, SPA & CREEK SERVICE/CONTRACT | $ 870.00 | $ 840.00 |
| POOL, SPA & CREEK SUPPLIES & REPAIRS | $ 15,000.00 | $ 1,250.00 |
| GYM EQUIPMENT RENTAL | $ 16,752.00 | $ 1,396.00 |
| GARAGE GATE REPAIRS | $ 1,020.00 | $ 85.00 |
| TV ANTENNA REPAIR | $ 120.00 | $ 10.00 |
| PAYROLL & RELATED EXPENSES | $ 613,010.00 | $ 51,084.17 |
| WORKERS COMP INSURANCE | $ 28,253.00 | $ 2,354.42 |
| CCV OWNED RENTAL UNIT EXPENSES | ||
| HOA FEE | $ 7,488.00 | $ 624.00 |
| PROPERTY TAXES | $ 2,000.00 | $ 166.67 |
| TAXES | ||
| TAXES-FEDERAL | $ 8,004.00 | $ 667.00 |
| TAXES-STATE | $ 3,600.00 | $ 300.00 |
| UTILITIES | ||
| PACKAGE ROOM EXPENSES | $ 4,788.00 | $ 399.00 |
| ELECTRICITY | $ 232,053.00 | $ 19,337.75 |
| GAS | $ 32,159.00 | $ 2,679.92 |
| GARBAGE REMOVAL TELEPHONE/INTERNET/WIFI/ELEVATOR TELEPHONES | $ 303,984.00 | $ 25,332.00 |
| $ 7,296.00 | $ 608.00 | |
| WATER/SEWER | $ 363,161.00 | $ 30,263.42 |
| TOTAL EXPENSES | $ 3,694,590.36 | |
| NOI | $ 529,721.64 | |
| RESERVE / MAJOR EXPENSES | ||
| ARCHITECTURAL PROJECTS CONSULTANT FEE | $ 3,500.00 | $ 291.67 |
| GARAGE B LOWER LEVEL GATE EXTERIOR ELEVATED ELEMENT REPAIR, PER NEW CODE DUE JAN 1, 2025 | $ 15,822.00 | $ 1,318.50 |
| $ 55,000.00 | $ 4,583.33 | |
| EV CHARGERS, COMMUNAL OFF REDLANDS STREET | $ 21,000.00 | $ 1,750.00 |
| FASCIA WOOD TRIM REPLACEMENT, BLDG G | $ 3,500.00 | |
| FIRE EXTINGUISHER REPLACEMENT | $ 3,500.00 | $ 291.67 |
| GARAGE GATE OPERATOR | $ 9,700.00 | $ 808.33 |
| HALLWAY LED FIXTURES | $ 4,588.00 | $ 382.33 |
| IRRIGATATION VALVE | $ 3,500.00 | $ 291.67 |
| BALCONY RESTORATION | $ 165,000.00 | $ 13,750.00 |
| PIPE REPLACEMENT | $ 85,000.00 | $ 7,083.33 |
| PLUMBING PIPE INSPECTION EQUIPMENTS | $ 36,250.00 | $ 3,020.83 |
| POLE LIGHT GLOBE FIXTURE | $ 1,305.00 | $ 145.00 |
| MAINTENANCE UTILITY CART | $ 17,410.00 | $ 1,450.83 |
| CLUBHOUSE IMPROVEMENT | $ 10,000.00 | $ 833.33 |
| ROOF COATING | $ 24,000.00 | $ 2,000.00 |
| ROOF GUTTER REPAIRS | $ 39,000.00 | $ 3,250.00 |
| SECURITY CAMERA IMPROVEMENT | $ 3,500.00 | $ 291.67 |
| TENNIS COURT FLOOR REPAIR | $ 3,200.00 | $ 266.67 |
| TENNIS COURT LED LIGHT FIXTURE | $ 1,200.00 | $ 100.00 |
| TOTAL RESERVE EXPENSES | $ 505,975.00 | $ 41,909.17 |
| NET INCOME TO OFF SET THE LOSS JULY 2024 ASSESSMENT | $ 23,746.64 | $ - |