| Chardonnay Council of Co-Owners | |||||
| Financial Report --- August 2007 | |||||
| Account Name | Annual Budget | YTD Budget | YTD Actual | YTD Variance | |
| INCOME | |||||
| Association Fees | 272,502.00 | 181,670.00 | 191,737.05 | 10,067.05 | |
| Cable Fees | 3,600.00 | 1,800.00 | 2,849.05 | 1,049.05 | |
| Late Fees | 1,000.00 | 800.00 | 1,081.00 | 281.00 | |
| Clubhouse Rental | 2,160.00 | 1,440.00 | 855.00 | (585.00) | |
| Total | 279,262.00 | 185,710.00 | 196,522.10 | 10,812.10 | |
| EXPENSES | |||||
| Utilities | |||||
| Electric | 12,960.00 | 8,784.00 | 8,562.52 | 221.48 | |
| Water & Sewage | 38,004.00 | 29,225.00 | 31,263.43 | (2,038.43) | |
| Storm Water Drainage | 3,240.00 | 2,430.00 | 2,518.54 | (88.54) | |
| Contracts | |||||
| Landscaping | 44,584.00 | 29,721.00 | 29,722.88 | (1.88) | |
| Snow Removal | 10,225.00 | 3,000.00 | 12,177.50 | (9,177.50) | |
| Pool Maintenance | 5,058.00 | 4,418.00 | 5,003.59 | (585.59) | |
| Trash Removal | 5,052.00 | 3,368.00 | 3,349.51 | 18.49 | |
| Hallway Cleaning | 10,201.00 | 8,441.00 | 6,778.00 | 1,663.00 | |
| Fire Alarm Maint. | 1,312.00 | 200.00 | 309.14 | (109.14) | |
| Towne Prop. Management | 25,259.00 | 16,840.00 | 16,839.04 | 0.96 | |
| Insurance | 51,642.00 | 37,600.00 | 51,696.04 | (14,096.04) | |
| Towne Prop. Maintenance | 6,840.00 | 4,058.00 | 3,292.25 | 765.75 | |
| Committees | |||||
| Landscaping | 6,755.00 | 5,527.00 | 5,593.69 | (66.69) | |
| Pool/Welcome/Social | 900.00 | 900.00 | 377.81 | 522.19 | |
| Miscellaneous | |||||
| Bldg Maintenance | 3,344.00 | 2,230.00 | 2,081.74 | 148.26 | |
| Pool Supplies | 1,200.00 | 1,100.00 | 289.68 | 810.32 | |
| Clubhouse Supplies | 1,696.00 | 1,129.00 | 1,355.20 | (226.20) | |
| Clubhouse Management | 200.00 | 200.00 | - | 200.00 | |
| Legal | 4,500.00 | 2,100.00 | 4,382.00 | (2,282.00) | |
| Misc. Admin. Exp. | 300.00 | 200.00 | 69.08 | 130.92 | |
| Web Site Expense | 300.00 | 300.00 | 170.00 | 130.00 | |
| Postage | 3,200.00 | 1,402.00 | 2,082.08 | (680.08) | |
| Taxes/Licenses/Permits | 200.00 | 150.00 | 571.00 | (421.00) | |
| Reserves | |||||
| Reserve Funding | 22,290.00 | 14,862.00 | 22,862.00 | (8,000.00) | |
| Contingency | 20,000.00 | 15,000.00 | 5,959.86 | 9,040.14 | |
| Total Expenses | 279,262.00 | 193,185.00 | 217,306.58 | (24,121.58) | |
| Net Flow (Inc-Exp) | 0.00 | (7,475.00) | (20,784.48) | (13,309.48) | |
| Assets | Liabilities | ||||
| Money Markets | 45,241.38 | Owner's Eqty | 32,943.26 | ||
| Cash on Deposit | 37,263.53 | Current Year | -20,784.48 | ||
| CD's Reserves | 66,446.42 | Reserves | 136,792.55 | ||
| Total Assets | 148,951.33 | Total Liab | 148,951.33 | ||