GLEN OAKS VILLAGE OWNERS, INC GL#'s

Transcription

1 REVENUE: 5001 Shareholders 15,725, Special Assessment (NYC $400 Rebate) 418, Special Assessment (NYC Abatement) 836, Special Assessment (NYS STAR) 502,071 Total SH Maintenance Revenue 17,482, Rent Income-GOVO FMA 13, Rent Income-RTC 501, Rent Income-FDIC 1,791,500 Total Rental Revenue 2,306, * GOVO Mtg.Notes-Principal only (GL#1130) 176, Homestead Notes-Princ. only 50, Transfer to Oper from Reserve Acct. 782, Transfer to Reserve Acct. (1,238,400) 2830 Sale of FDIC/RTC Apts (net) 1,759, Garage Rentals 575, NSF Check Service Charge 1, Late Payment Fees 40, Sublet & Renewals 78, Legal Reimbursement 41, Maintenance Services Repair 100, House Rule Violations 15, Management of Rental Units 38, Resales/Closings/Screenings 336, Sales Comm from R/E Broker 84, Rental Fees from R/E Broker 9, Laundry Income 115, Illegal Sublet Violations 7, Reimb Outside Services 191, Stock Transfers/Refinance 17, Ad. Rev. from R/E Brkr & Newsletter 10, Alteration Fees 22, Capital Imp Fund Contribution-NewSH 183, Interest Income-Commercial Paper 55, GOVO Mtg.Notes-Interest only 93, Community Room Rental 5, Time Warner Subscriber Comm. 55, Parking Permits 41, NYS Disabled Access Revenue NCB Patronage Dividend 22, Other Income 19,992 Non-Maintenance Revenue 3,688,117 TOTAL REVENUE 23,477,366

2 ADMINISTRATIVE EXPENSES: 6010 Office Salaries 749, Temp Staff & Recruiting Exp. 9,000 Total Management Staff 758, Legal: Real Estate/Closings 5, Engineering/Arch./Code Compliance 40, Accounting 36, Legal: Corporate Counsel 15, Legal: Certiorari 70, Legal: Labor Relations 1, Legal: J-51 & Processing Legal: Landlord & Tenant 50, Architectural Fees (To GL6041) N/A 6049 Legal: DHCR Other Professional Fees 4, Settlements & Deductibles 11,500 Total Professional Fees 232, Office Expense 55, Payroll Service 21, Books, Dues, Subscriptions 4, Computer Mtce & Supplies 75, Printing 40, Advertising-Marketing-Internet 4, Telephone 40, Postage 45, Board & Cmtee Related Expenses 35, Apartment Sale Expenses (10 units) 49, Community Contributions 12, Storage & Misc. (GL#6770) * Misc. (GL#6099) 0 Total Adminstrative Office 381,000 Total Bad Debt Expense 0 TOTAL ADMINISTRATIVE 1,371,700 MAINTENANCE EXPENSES: Salaries & Wages 6200,5 Supervisors 126, ,30 Porters (includes seasonal) 1,107, Handypersons 1,312, Maint. Office & P&E Mgr. Salaries 294,900 Total Salaries & Wages 2,840,900 Landscape Expenses 6260 Landscape Supplies 120, Pruning & Dead Tree Removal 7, Green Thumb Program 45, Landscape Contractor Landscape R&M 15,000 Total Landscape 187,500

3 Vehicle Expenses 6305 Rentals & Leases Repairs & Maintenance 45, Parking & Tolls Fuel 55, Violations 3, Licensing 2,000 Total Vehicles 106,000 Repair Expenses 6400 Boilers 150, Electric 129, Driveway Repairs 20, Doors & Hallways 97, Drywells & Flood Control 5, Roofs(small repairs),gutters&leaders 7, Interior 170, Garages 32, Exterior R&M (pointing) 72, Railings & Fence Repair 45, Terrace Repairs 3, Plumbing 95, Concrete Repairs Stoop Repairs 19, Other 5, GOVO Rent Reg. Appliances & Repairs 6, GOVO RR Painting 32, GOVO RR Floor Covering 7, GOVO RR Other Repairs 8, Storm Door Program 24, Recl GOVO renov (6084,5) to B/S#28 (441,000) 6084 GOVO FMA-Renovation (10 units) 392, Supplies & Hardware 100, Janitorial Supplies 20, Lumber/Sheetrock 50, Small Tools & Equipment 15, Mtce Equip R&M 7, Signs 5,000 Total Repairs 1,076,300 Maintenance Office Expenses 6500 Office Expense 7, Printing Communication Equipment 10, Beeper Uniform Rental 18,000 Total Maintenance Office 35,500 TOTAL MAINTENANCE EXPENSES 4,246,200

4 OPERATIONS & SECURITY: Heating Expenses 6700 Fuel Oil#2 1,600, Gas Heat 1,600,000 Total Heating Expense 3,200, Total Security Fee 467,000 Other Operating Expenses: 6620 Security Vehicles & Equipment Gas-cooking 150, Electric 525, Garbage Removal 57, Laundry Room Expense 15, Exterminator 35, ,70 Filing Fees & Permits 17,250 Total Other Operating Expenses 800,550 TOTAL OPER. & SECURITY 4,467,550 INSURANCE & PENSION 7100 Employee Benefits 270, (k) Retirement - non union 33, Training 10, Health Insurance 689, Workers Compensation 137, General Corporate (incl.gl# 6340) 1,067,000 TOTAL INSURANCE & PENSION 2,207,250 TAXES 7010 Real Estate Taxes 4,972, Water & Sewer 1,130, Corporate Taxes & Other 90, Payroll Tax 323, NYS Sales Use Tax 5,500 TOTAL TAXES 6,521,873 INTEREST ON DEBT 7202 NCB Amortized Mtge Costs N/A 7217 Mortgage Interest NCB 05 Refi 2,214, Mortgage Interest NCB 1 refinanced 7216 Mortgage Interest NCB 2 refinanced TOTAL INTEREST ON DEBT 2,214,304 TOTAL EXPENSES 21,028,877 Cash Flow Before Capital Expenses 2,448,489

5 CAPITAL EXPENSES 2628 NCB 05 Refi Principal 1,103, NCB#1 Principal refinanced 2626 NCB#2 Principal refinanced Total Debt Principal 1,103, Building Equipment Apt. Purchase (incl GL# 1710) Vehicles & Equipment 55, Snow Equipment 3, Furniture & Fixtures 4, Building Foundation Project 23, Maint.Locker Area Renovation Proj Laundry Room Renovation 70, Management Office Expansion Proj Water Main & Valve Repairs 15, Asbestos/Lead Paint Removal 100, Boiler Improvements 10, Brickwork (Brick wall replacement) 75, Stoops 75, Lighting 2, Roofs 200, Blacktop/Driveways 225, Doors & Frames (To GL#6407) N/A 1458 Concrete - Other 85, Ramps & Access 10, Concrete - J51 Walkways Playgrounds & Recreation 15, Garages 2, Windows & Shutters 3, Terraces 27, Clotheslines 5, Drywells 25, Dumpster Beautification Projects Radio/Communications (to GL6350) N/A 1475 Office Equipment 8, Signs (Reclassed to GL# 6570) N/A 1480 Other Fixed Assets 2, Computer 25, Boiler Oil Tanks 37, Hot Water Heaters & Components 231, New Boilers Landscape Equipment 10,000 Total Capital Improvements 1,344,900 TOTAL CAPITAL EXPENSES 2,448,489 TOTAL EXPENDITURES 23,477,366 Cash Flow + / ( - ) Unallocated 0