6:00 pm I. Establish a Quorum II. Call to Order Lake Windcrest Property Owners Association Board of Directors Meeting AGENDA Wildwood Room 303 August 28, 2018 III. Executive Session A. Legal Matters B. Collections - Delinquent Accounts Report C. Deed Restriction Violations D. Drainage 6:50 pm Adjourn Executive Session 7:00 pm IV. Report Actions Taken during Executive Session ANNOUNCEMENTS V. Review and Approve Minutes May 8, 2018 and June 28, 2018 VI. Treasury Report A. Financial Statement (December 2017, January 2018 July 2018) VII. Ratify Project Approvals 1808G-001 VIII. Committee Reports A. Neighborhood Patrols 1808G-002 B. Community Services - 1808G-003 C. Drainage, Lakes, and Dams -1808G-004 D. Grounds and Amenities 1808G-005 IX. Business A. Accept Board Member Resignation 1808G-006 B. Appointment of New Director - 1808G-007 C. Bylaw Amendments 1808G-008 D. Melany Meadows Park 1808G-009 E. Upper Serenity Spillway Fill Voids 1808G-010 F. Lower Serenity Spillway Concrete Repairs - Toe Wall 1808G-011 X. Homeowner Comments - Homeowners may comment on items of concern and provide their input on a particular issue. The Board will listen and make note; no action will be taken during this meeting. 8:30 pm Adjournment Next Meeting: October 23, 2018, Room 303 Board of Directors meetings are subject to Chapter 209 of the Texas Property Code requiring no less than 72 hours advance meeting notice to include the items of business on the agenda for action at such meeting, and a general description of items of deliberation in Executive Session. Board meetings are to be open, except for certain topics for which the Board may convene into Executive Session. Decisions may not be made on items not posted on the Agenda.
Lake Windcrest Property Owners Association Special Board of Directors Meeting May 8, 2018 Minutes Wildwood Room 303 A special meeting of the Board of Directors of Lake Windcrest Property Owners Association was called to order by John Pozadzides, President, at 6:00 p.m. A quorum was established by the attendance of the following Directors: Michelle Replogle, Vice President; Isabel Ross, Secretary; Bryan Kurtz, Treasurer; David Traicoff, Dams, Lakes and Drainage; Darin Reeser, Grounds Maintenance; and Stan Muckenthaler. Janet Hampton, Community Manager, was also in attendance. II. Executive Session John Pozadzides welcomed property owners to the Board meeting. He announced we have a full agenda and will take comments during the meeting but will need to adjourn by 8:30 p.m. John Pozadzides stated that various issues were discussed during executive session, including appointments, contracts and access to lakes. IV. Adjourn Executive Session V. Report Actions Taken during Executive Session John Pozadzides stated there were no formal actions taken during the executive session. VI. Elections of 2018 Officers Upon a motion duly made by Bryan Kurtz and seconded by Darin Reeser, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the nomination of John Pozadzides as President. Upon a motion duly made by John Pozadzides and seconded by Bryan Kurtz, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the nomination of Michelle Replogle as Vice President. Upon a motion duly made by Michelle Replogle and seconded by David Traicoff, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the nomination of Isabel Ross as Secretary. Upon a motion duly made by John Pozadzides and seconded by Michelle Replogle, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the nomination of Bryan Kurtz as Treasurer. VII. Vote on Candidate for Appointment to Vacant Board Position - 1805G-001 The appointment was tabled. VIII. Vote on Candidate for Appointment to Ex Officio Board Member - 1805G-002 Upon a motion duly made by John Pozadzides and seconded by Isabel Ross, the following resolution was unanimously adopted. RESOLVED THAT, the Board appointed Vinny Sinisi as Ex Officio Director as an nonvoting Board member, which allows the community to have an additional volunteer involved in all aspects of serving our members.
IX. Vote on Grounds and Amenities Chair 1805G-003 Upon a motion duly made by Bryan Kurtz and seconded by Darin Reeser, the following resolution was unanimously adopted. RESOLVED THAT, the Board appointed David Foxworth as Grounds and Amenities Chair. X. Reserve Study (Reserve Advisors - Total $3,950, Down $1,975) 1805G-004 Upon a motion duly made by Bryan Kurtz and seconded by John Pozadzides, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the contract for Reserve Advisors to update the 2012 Reserve Study for $3,950, deposit $1,975. XI. Vote on FM 1488 Fence Contract - 1805-005 Upon a motion duly made by Bryan Kurtz and seconded by Michelle Replogle, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the Graham Golf contract for $157,125.00 for the replacement of the FM 1488 Fence, deposit $62,85. Replacement of the fence will be paid from a Reserve Fund allocation of $126,000 for the 2008 portion of the fence, the remaining $31,125 will be paid from Operating. An Ad Hoc Committee was formed by property owners in the community resulting in the decision for the Association to replace the fence on FM 1488. The appearance of the fence was the main reason for the decision. Bids were received from other companies and a contractor was selected. Michelle Replogle and Janet Hampton have worked on the project with property owners and are almost complete in obtaining signed agreements. For the permanent easements, the agreement runs with the land and will be recorded with Montgomery County. The Association will conduct periodic inspections and Lake Windcrest property owners should trim back 3 feet from the fence or the Association may hire a contractor to do so and assess costs to the property owner. It is anticipated that these issues will be worked out amicably without any need to do so. Forty percent of the fence belongs to the golf club and has been replaced. Homeowner Comments Discussion was held concerning drainage concerns and where the water flows. A property owner stated he has experienced water up to his door a few times and the ditches are full. The Board has been reviewing the drainage over the last several months. The County is working with Lake Windcrest concerning the drainage ditches along the roadway. A question was asked concerning the Association s obligations. The Association is responsible to maintain the functionality of the dams and the functioning as designed. A property owner made a comment concerning the width of the outflow on Azure Spillway and the drainage by the Golf Club. The County has stated they are reviewing the culverts on Clubhouse Circle near the Golf Club. Board meeting adjournment 8:30 p.m. Janet Hampton, CMCA, AMS, PCAM Date
Lake Windcrest Property Owners Association Board of Directors Meeting Minutes Wildwood Room 303 June 28, 2018 A meeting of the Board of Directors of Lake Windcrest Property Owners Association was called to order by John Pozadzides, President, at 6:00 p.m. A quorum was established by the attendance of the following Directors: Michelle Replogle, Vice President; Isabel Ross, Secretary; Darin Reeser, Grounds Maintenance; David Traicoff, Dams, Lakes and Drainage; and Vinny Sinisi, Ex Officio Board Member. Bryan Kurtz, Treasurer was unable to attend. Janet Hampton, Community Manager with PMG was also in attendance. John Pozadzides welcomed property owners to the Board meeting. Adjourn Executive Session John Pozadzides stated that various issues were discussed during executive session including: contracts, FM 1488 fence project, website, private common area parking lots, and renewal of insurance. IV. Report Actions Taken during Executive Session John Pozadzides stated there were no formal actions taken during the executive session. V. Review and Approve Minutes (March 27, 2018 and May 8, 2018) Upon a motion duly made by John Pozadzides and seconded by Michelle Replogle, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved March 27, 2018 as presented. May 8, 2018 minutes were tabled for further documentation of the FM 1488 fence funding. VI. Treasury Report - Financial Statement (December, January, February 2018) The Financials for December, January and February were reviewed and discussed. Rick Ghigna questioned why the Reserve Income Statement report column Annual reflects zeros. Janet Hampton and Michele Replogle reviewed the past Income Statement and commented the Reserve column has shown no entries since 2016 (for the past three years). John Pozadzides stated it is probably because the DLDC were not sure what projects were next. VII.Ratify Project Approvals -1806G-001 Upon a motion duly made by John Pozadzides and seconded by Michelle Replogle, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved action between May 14-June 22, 2018 as follows: Ditches 2g2 & 5i - The DLDC agrees with the proposal provided by Schuler Services, as the preferred vendor, for two ditches 2g2 (32027 & 32111 Spinnaker) and 5i (9802 & 9811 Azure). The Board approved an expenditure of $15,000, GL6670 Drainage Repair & Maintenance. Board of Directors meetings are subject to Chapter 209 of the Texas Property Code requiring no less than 72 hours advance meeting notice to include the items of business on the agenda for action at such meeting, and a general description of items of deliberation in Executive Session. Board meetings are to be open, except for certain topics for which the Board may convene into Executive Session. Decisions may not be made on items not posted on the Agenda.
D&O Insurance The Board agreed the approval of Wortham Insurance for Directors and Officers renewal for $5,162 by Bryan Kurtz, Treasurer. Electrical provider The Board agreed the approval for TXU ($0.0325137 per kwh) as the electrical provider for the best rate approve by Bryan Kurtz, Treasurer. FM 1488 Fence 5-Day Notice The Board agreed to notify property owners along FM 1488 of the targeted start date to begin replacement of the fence. FM 1488 Fence Deposit The Board agreed to release the deposit payment of $62,850 ($31,725 GL9852 Reserves, $31,125 GL6560 O&M). Full amount approved at the May 8, 2018 board meeting. Patty s Landing Pipeline Sinkholes - The DLDC met with SouthCross at the pipeline easement/nature trail just NE of the Lake Windcrest dam concerning two sinkholes that were a serious liability and safety concern. It was determined the area was the responsibility of Lake Windcrest. BR*2018-OM004 Culvert Collapse. The Board approved the $2,000 expenditure. VIII. Committee Reports A. Neighborhood Patrols 1806G-002 Chief Chris Jones with Constable David Hill s Office Montgomery County Pct. 5 introduced himself and presented the security report for May as follows: Traffic 73 Vacation Watches/Building Check 23 Park Checks 12 Suspicious Vehicle 1 Unauthorized Vehicles 1 Welfare Check 3 Alarm 1 Animal Call/ Found Lost Dog 1 Medical Call 1 Chief Jones suggested vehicle decals to easily identify vehicles that belong in the neighborhood. Magnolia School District has added more officers and will be on duty daily from 7:00 a.m. to 6:00 p.m. Chief Jones stressed the importance of locking your vehicle doors and storing valuables out of sight. B. Community Services - 1806G-003 Isabel Ross, Community Services Liaison reminded property owners to sign up for the newsletter. She is working on welcoming new property owners. John Pozadzides stated we now have 862 property owner emails and can use mailchimp for communication. C. Drainage, Lakes, and Dams Committee (DLDC) -1806G-004 Michael Jones stated the DLDC is currently working on the Mystic Cove project and roadside drainage with Montgomery County. There are Texas laws related to natural waterways and FEMA regulations that must be followed. Two-thirds of Reserve J is in a flood plain and only vegetation can be removed, and to remove dirt there must be an engineered plan. Without volunteers the Association would have to rely on an engineering firm increasing costs for Lake Windcrest. D. Grounds and Amenities 1806G-005 Report was attached to property owner packet.
IX. Business Bleyl Engineering Update to Drainage Study 1806G-006 Upon a motion duly made by Michelle Replogle and seconded by Isabel Ross, the following resolution was unanimously adopted. RESOLVED THAT, the Board approved the amendment for Bleyl Engineering s initial proposal to update the 2009 Drainage Study (Cost $11,500) to include current capacity calculations for ditches at or greater than 50% capacity and analysis of design velocities and 100-year storm demands for an additional cost of $24,900 with funding from Reserve Fund 4.3 Drainage Ditches, Inspections & Repairs. X. Homeowner Comments Mr. Dudley stated the property across the street has a 12 culvert. John Pozadzides stated that should be reported to the County and the County should mitigate that cost. Some property owners have the incorrect size of culverts for their driveways. Vinny Sinisi stated he with call Charlie Riley concerning the property owner s concerns. John Pozadzides stated there are 70 ditches the POA has the responsibility for the design of mass transit water through the community. There is a Drainage Impact Form that is signed by property owners during construction. Jeff Murray expressed his concerns of the amount of water coming from the neighboring community. Discussion was held concerning the construction of the FM 1488 fence. Rick Ghigna questioned the integrity of the construction. John Pozadzides stated the posts that are rotten will be replaced and the older the wood the harder it becomes. The wrong posts were delivered so the fencing is being secured with boards. The crew will go back and replace the rotten posts with new posts. The contractor will not be paid until the project is completed to the Board s satisfaction. 8:45 p.m. Adjournment Janet Hampton, CMCA, AMS, PCAM Date
Balance Sheet Report As of December 31, 2017 Balance Dec 31, 2017 Balance Nov 30, 2017 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 209,128.61 92,005.18 117,123.43 1100 - Pacific Premier Bank MM - 5044 14,534.21 14,532.36 1.85 1101 - Pacific Premier Bank MM ICS #044 531,204.96 531,114.76 90.20 1650 - Due to/from Reserves (120,682.53) 26,038.87 (146,721.40) Total Operating Funds 634,185.25 663,691.17 (29,505.92) Reserve Funds 1300 - PPB Res CK #4618 107,422.31 120,488.63 (13,066.32) 1325 - Pacific Premier MM Reserve - 5333 27,456.23 27,451.57 4.66 1326 - Pacific Premier MM Reserve ICS #333 722,055.12 721,932.51 122.61 1651 - Due to/from Operating 120,682.53 (26,038.87) 146,721.40 Total Reserve Funds 977,616.19 843,833.84 133,782.35 Accounts Receivable 1500 - Residential Assessments Receivable 25,151.11 24,961.87 189.24 Total Accounts Receivable 25,151.11 24,961.87 189.24 Other Current Assets 1600 - Prepaid Insurance 13,233.64 15,185.60 (1,951.96) 1640 - Other Prepaid Expenses 3,675.00 3,675.00 1799 - Clearing Account 315.64 315.64 Total Other Current Assets 17,224.28 15,185.60 2,038.68 Total Assets 1,654,176.83 1,547,672.48 106,504.35 Liabilities Liabilities 2036 - PMG Collections 1,72 2,705.00 (985.00) 2037 - Payment Plan Fees (4) (4) Printed by Janet Hampton on Tue Aug 21, 2018 02:34 pm Page 1 of 2
Balance Sheet Report As of December 31, 2017 Balance Dec 31, 2017 Balance Nov 30, 2017 Change Liabilities Liabilities 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2050 - Resident Refunds 0.70 (1,799.30) 1,80 2395 - Other Accrued Expenses 27,260.80 6,365.96 20,894.84 2400 - Accrued Payroll Payable 3,182.98 3,182.98 2525 - Architectural Review Fees Deposit 32,67 34,47 (1,80) 2550 - Prepaid Assessments 212,405.85 51,793.81 160,612.04 2595 - Deferred Revenue 52,05 (52,05) Total Liabilities 277,170.33 145,515.47 131,654.86 Total Liabilities 277,170.33 145,515.47 131,654.86 Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 471,898.98 (72,508.67) Total Owners Equity - Prior Years 399,390.31 471,898.98 (72,508.67) Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 876,863.02 100,753.17 Total Capital Reserves - Prior Years 977,616.19 876,863.02 100,753.17 Total Owners' Equity 1,377,006.50 1,348,762.00 28,244.50 Net Income / (Loss) 53,395.01 (53,395.01) Total Liabilities and Equity 1,654,176.83 1,547,672.48 106,504.35 Printed by Janet Hampton on Tue Aug 21, 2018 02:34 pm Page 2 of 2
Income Statement Report Operating December 01, 2017 thru December 31, 2017 Current Period Variance Year to Date (12 months) Variance Annual Remaining Income Income 4000 - Residential Assessments (100,05) 39,375.00 (139,425.00) 471,806.00 472,50 (694.00) 472,50 694.00 4205 - Application Fees 29.00 (29.00) 41 35 6 35 (6) 4220 - Gate & Access Fees 14 42.00 98.00 1,03 50 53 50 (53) 4710 - Late Fees & Interest 132.10 1,00 (867.90) 4,006.17 12,00 (7,993.83) 12,00 7,993.83 4720 - Legal Reimbursements 512.50 833.00 (320.50) 6,063.18 10,00 (3,936.82) 10,00 3,936.82 4805 - Compliance Fees 83.00 (83.00) 68 1,00 (32) 1,00 32 4835 - Miscellaneous Income 127.00 127.00 (127.00) 4900 - Interest Earned - Operating Accounts 92.05 62.00 30.05 1,307.54 75 557.54 75 (557.54) Total Income (99,173.35) 41,424.00 (140,597.35) 485,429.89 497,10 (11,670.11) 497,10 11,670.11 Total Operating Income (99,173.35) 41,424.00 (140,597.35) 485,429.89 497,10 (11,670.11) 497,10 11,670.11 Expense Administrative 5000 - General Administrative 3.45 42.00 (38.55) 511.97 50 11.97 50 (11.97) 5005 - Application/Processing 75.00 62.00 13.00 485.00 75 (265.00) 75 265.00 5010 - Bad Debt 25 (25) 6,235.49 3,00 3,235.49 3,00 (3,235.49) 5015 - Bank Charges 6.00 (6.00) 102.38 75.00 27.38 75.00 (27.38) 5025 - Billing/Collections 2,70 833.00 1,867.00 9,192.83 10,00 (807.17) 10,00 807.17 5035 - Decorations 4,056.37 3,00 1,056.37 3,00 (1,056.37) 5045 - Dues & Subscriptions 495.00 75 (255.00) 75 255.00 5075 - Meeting Expense 67.00 (67.00) 566.31 80 (233.69) 80 233.69 5090 - Office Supplies 104.60 75.00 29.60 1,477.79 90 577.79 90 (577.79) 5100 - Records Storage 478.80 233.00 245.80 3,112.20 2,80 312.20 2,80 (312.20) 5115 - Web Site Maintenance 45.00 45.00 (45.00) 5195 - Other Administrative Services 4,526.19 4,526.19 (4,526.19) 5200 - Community Events 208.00 (208.00) 6,743.38 2,50 4,243.38 2,50 (4,243.38) 5210 - Printing & Copying 497.60 50 (2.40) 5,975.40 6,00 (24.60) 6,00 24.60 Printed by Janet Hampton on Tue Aug 21, 2018 02:33 pm Page 1 of 5
Income Statement Report Operating December 01, 2017 thru December 31, 2017 Current Period Variance Year to Date (12 months) Variance Annual Remaining Expense Administrative 5215 - Postage 542.17 375.00 167.17 4,782.15 4,50 282.15 4,50 (282.15) 5225 - Newsletter Services 333.00 (333.00) 4,00 (4,00) 4,00 4,00 Total Administrative 4,401.62 2,984.00 1,417.62 48,307.46 39,575.00 8,732.46 39,575.00 (8,732.46) Insurance 5400 - Insurance Premiums 1,951.96 1,837.00 114.96 22,651.33 22,05 601.33 22,05 (601.33) Total Insurance 1,951.96 1,837.00 114.96 22,651.33 22,05 601.33 22,05 (601.33) Utilities 6000 - Electric Service 1,599.60 1,667.00 (67.40) 16,432.25 20,00 (3,567.75) 20,00 3,567.75 6025 - Water Service 527.51 1,083.00 (555.49) 14,211.48 13,00 1,211.48 13,00 (1,211.48) Total Utilities 2,127.11 2,75 (622.89) 30,643.73 33,00 (2,356.27) 33,00 2,356.27 Landscaping 6100 - Grounds & Landscaping - Contract 16,427.64 16,667.00 (239.36) 197,131.68 200,00 (2,868.32) 200,00 2,868.32 6140 - Force Mow 25.00 (25.00) 25 30 (5) 30 5 6165 - Tree Removal 4,90 4,90 (4,90) 6199 - Landscape Other 1,102.78 2,083.00 (980.22) 31,733.93 25,00 6,733.93 25,00 (6,733.93) 6200 - Irrigation Repair & Maintenance 50 (50) 4,554.14 6,00 (1,445.86) 6,00 1,445.86 Total Landscaping 17,530.42 19,275.00 (1,744.58) 238,569.75 231,30 7,269.75 231,30 (7,269.75) Operations 6300 - Permits & Licenses 2,103.87 8,00 (5,896.13) 8,403.87 8,00 403.87 8,00 (403.87) Total Operations 2,103.87 8,00 (5,896.13) 8,403.87 8,00 403.87 8,00 (403.87) Contracted Services 6418 - Fountains/Ponds/Lakes Services 95 95 11,611.50 11,40 211.50 11,40 (211.50) 6440 - Safety & Security 9,85 4,583.00 5,267.00 53,20 55,00 (1,80) 55,00 1,80 6444 - Water Treatment/Lake & Fish Service 375.00 (375.00) 844.02 4,50 (3,655.98) 4,50 3,655.98 Total Contracted Services 10,80 5,908.00 4,892.00 65,655.52 70,90 (5,244.48) 70,90 5,244.48 Printed by Janet Hampton on Tue Aug 21, 2018 02:33 pm Page 2 of 5
Income Statement Report Operating December 01, 2017 thru December 31, 2017 Current Period Variance Year to Date (12 months) Variance Annual Remaining Expense Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 83.00 (83.00) 1,00 (1,00) 1,00 1,00 6530 - Common Areas Repair & Maintenance 54 417.00 123.00 15,685.00 5,00 10,685.00 5,00 (10,685.00) 6545 - Electrical Supplies/Repair & Maintena 42.00 (42.00) 406.54 50 (93.46) 50 93.46 6560 - Fence Repair & Maintenance 798.00 798.00 1,592.98 1,592.98 (1,592.98) 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 1,025.00 1,50 (475.00) 1,50 475.00 6640 - Lighting Supplies/Repair & Maintenan 661.51 661.51 (661.51) 6645 - Locks & Keys Repair & Maintenance 21.00 (21.00) 1,106.54 25 856.54 25 (856.54) 6670 - Drainage Repair & Maintenance 13,066.32 2,083.00 10,983.32 31,645.43 25,00 6,645.43 25,00 (6,645.43) 6685 - Playground Maintenance/Repairs 417.00 (417.00) 5,00 (5,00) 5,00 5,00 6745 - Signage Repair & Maintenance 42.00 (42.00) 272.00 50 (228.00) 50 228.00 6770 - Vandalism Repair & Maintenance 42.00 (42.00) 975.00 50 475.00 50 (475.00) Total Repair & Maintenance 14,404.32 3,272.00 11,132.32 53,37 39,25 14,12 39,25 (14,12) Professional Services 7000 - Audit & Tax Services 3,025.50 417.00 2,608.50 2,841.94 5,00 (2,158.06) 5,00 2,158.06 7005 - Consulting Services 125.00 (125.00) 1,50 (1,50) 1,50 1,50 7010 - Engineering Services (5,331.25) 125.00 (5,456.25) 2,443.86 1,50 943.86 1,50 (943.86) 7025 - Legal Services - Collections 417.00 (417.00) 3,217.25 5,00 (1,782.75) 5,00 1,782.75 7030 - Legal Services - General Counsel 517.50 833.00 (315.50) 6,753.84 10,00 (3,246.16) 10,00 3,246.16 7035 - Legal Services - Deed Restrictions 512.50 833.00 (320.50) 2,862.84 10,00 (7,137.16) 10,00 7,137.16 7040 - Management Fees 7,715.96 7,353.00 362.96 70,522.44 88,233.00 (17,710.56) 88,233.00 17,710.56 7095 - Other Professional Services 83.00 (83.00) 1,65 1,00 65 1,00 (65) Total Professional Services 6,440.21 10,186.00 (3,745.79) 90,292.17 122,233.00 (31,940.83) 122,233.00 31,940.83 Printed by Janet Hampton on Tue Aug 21, 2018 02:33 pm Page 3 of 5
Income Statement Report Operating December 01, 2017 thru December 31, 2017 Current Period Variance Year to Date (12 months) Variance Annual Remaining Expense Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 44.73 5 (5.27) 5 5.27 Total Taxes 4.00 (4.00) 44.73 5 (5.27) 5 5.27 Total Operating Expense 59,759.51 54,216.00 5,543.51 557,938.56 566,358.00 (8,419.44) 566,358.00 8,419.44 Total Operating Income / (Loss) (158,932.86) (12,792.00) (146,140.86) (72,508.67) (69,258.00) (3,250.67) (69,258.00) 3,250.67 Printed by Janet Hampton on Tue Aug 21, 2018 02:33 pm Page 4 of 5
Income Statement Report Reserves December 01, 2017 thru December 31, 2017 Current Period Variance Year to Date (12 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 152,10 152,10 152,10 152,10 (152,10) 4910 - Interest Earned - Reserve Accounts 127.27 127.27 1,636.15 1,636.15 (1,636.15) Total Income 152,227.27 152,227.27 153,736.15 153,736.15 (153,736.15) Total Reserves Income 152,227.27 152,227.27 153,736.15 153,736.15 (153,736.15) Expense Reserve Expenses 9800 - Drainage Reserves 2,538.50 2,538.50 2,538.50 2,538.50 (2,538.50) 9852 - Fences, Gates & Walls Expenses 8,71 8,71 8,71 8,71 (8,71) 9892 - Water Rights Reserves (1,905.66) (1,905.66) 1,905.66 9910 - Playground Reserves 15,975.30 15,975.30 (15,975.30) 9922 - Ponds & Lakes Expenses 7,196.42 7,196.42 18,956.32 18,956.32 (18,956.32) 9960 - Bridge Maintenance Expense 8,708.52 8,708.52 (8,708.52) Total Reserve Expenses 18,444.92 18,444.92 52,982.98 52,982.98 (52,982.98) Total Reserves Expense 18,444.92 18,444.92 52,982.98 52,982.98 (52,982.98) Total Reserves Income / (Loss) 133,782.35 133,782.35 100,753.17 100,753.17 (100,753.17) Total Association Net Income / (Loss) (25,150.51) (12,792.00) (12,358.51) 28,244.50 (69,258.00) 97,502.50 (69,258.00) (97,502.50) Printed by Janet Hampton on Tue Aug 21, 2018 02:33 pm Page 5 of 5
Balance Sheet Report As of January 31, 2018 Balance Jan 31, 2018 Balance Dec 31, 2017 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 461,285.73 209,128.61 252,157.12 1100 - Pacific Premier Bank MM - 5044 14,535.82 14,534.21 1.61 1101 - Pacific Premier Bank MM ICS #044 379,190.16 531,204.96 (152,014.80) 1650 - Due to/from Reserves 20,055.95 (120,682.53) 140,738.48 Total Operating Funds 875,067.66 634,185.25 240,882.41 Reserve Funds 1300 - PPB Res CK #4618 82,538.29 107,422.31 (24,884.02) 1325 - Pacific Premier MM Reserve - 5333 179,570.32 27,456.23 152,114.09 1326 - Pacific Premier MM Reserve ICS #333 722,177.76 722,055.12 122.64 1651 - Due to/from Operating (20,055.95) 120,682.53 (140,738.48) Total Reserve Funds 964,230.42 977,616.19 (13,385.77) Accounts Receivable 1500 - Residential Assessments Receivable 195,638.45 25,151.11 170,487.34 Total Accounts Receivable 195,638.45 25,151.11 170,487.34 Other Current Assets 1600 - Prepaid Insurance 11,281.68 13,233.64 (1,951.96) 1640 - Other Prepaid Expenses 3,675.00 (3,675.00) 1799 - Clearing Account 315.64 (315.64) Total Other Current Assets 11,281.68 17,224.28 (5,942.60) Total Assets 2,046,218.21 1,654,176.83 392,041.38 Liabilities Liabilities 2015 - Returned Check Fee Payable 3 3 2036 - PMG Collections 1,709.74 1,72 (10.26) Printed by Janet Hampton on Tue Aug 21, 2018 02:38 pm Page 1 of 2
Balance Sheet Report As of January 31, 2018 Balance Jan 31, 2018 Balance Dec 31, 2017 Change Liabilities Liabilities 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2050 - Resident Refunds 0.70 0.70 2395 - Other Accrued Expenses 14,293.00 27,260.80 (12,967.80) 2400 - Accrued Payroll Payable (0.90) 3,182.98 (3,183.88) 2525 - Architectural Review Fees Deposit 30,87 32,67 (1,80) 2550 - Prepaid Assessments 1,115.00 212,405.85 (211,290.85) 2595 - Deferred Revenue 648,375.00 648,375.00 Total Liabilities 696,322.54 277,170.33 419,152.21 Total Liabilities 696,322.54 277,170.33 419,152.21 Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 Total Owners Equity - Prior Years 399,390.31 399,390.31 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,377,006.50 1,377,006.50 Net Income / (Loss) (27,110.83) (27,110.83) Total Liabilities and Equity 2,046,218.21 1,654,176.83 392,041.38 Printed by Janet Hampton on Tue Aug 21, 2018 02:38 pm Page 2 of 2
Income Statement Report Operating January 01, 2018 thru January 31, 2018 Current Period Variance Year to Date (1 month) Variance Annual Remaining Income Income 4000 - Residential Assessments 48,485.00 49,125.00 (64) 48,485.00 49,125.00 (64) 589,50 541,015.00 4205 - Application Fees 29.00 (29.00) 29.00 (29.00) 35 35 4220 - Gate & Access Fees 10 42.00 58.00 10 42.00 58.00 50 40 4710 - Late Fees & Interest (915.99) 833.00 (1,748.99) (915.99) 833.00 (1,748.99) 10,00 10,915.99 4720 - Legal Reimbursements 73.50 417.00 (343.50) 73.50 417.00 (343.50) 5,00 4,926.50 4805 - Compliance Fees 63.00 (63.00) 63.00 (63.00) 75 75 4900 - Interest Earned - Operating Accounts 86.81 63.00 23.81 86.81 63.00 23.81 75 663.19 Total Income 47,829.32 50,572.00 (2,742.68) 47,829.32 50,572.00 (2,742.68) 606,85 559,020.68 Total Operating Income 47,829.32 50,572.00 (2,742.68) 47,829.32 50,572.00 (2,742.68) 606,85 559,020.68 Expense Administrative 5000 - General Administrative 42.00 (42.00) 42.00 (42.00) 50 50 5005 - Application/Processing 42.00 (42.00) 42.00 (42.00) 50 50 5010 - Bad Debt 1,436.64 25 1,186.64 1,436.64 25 1,186.64 3,00 1,563.36 5015 - Bank Charges 6.00 (6.00) 6.00 (6.00) 75.00 75.00 5025 - Billing/Collections 833.00 (833.00) 833.00 (833.00) 10,00 10,00 5035 - Decorations 5,00 5,00 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 8 20 (12) 8 20 (12) 2,40 2,32 5090 - Office Supplies 83.00 (83.00) 83.00 (83.00) 1,00 1,00 5100 - Records Storage 233.00 (233.00) 233.00 (233.00) 2,80 2,80 5115 - Web Site Maintenance 13.00 (13.00) 13.00 (13.00) 15 15 5195 - Other Administrative Services 1,101.17 1,101.17 1,101.17 1,101.17 (1,101.17) 5200 - Community Events 478.82 1,25 (771.18) 478.82 1,25 (771.18) 15,00 14,521.18 5210 - Printing & Copying 417.00 (417.00) 417.00 (417.00) 5,00 5,00 Printed by Janet Hampton on Tue Aug 21, 2018 02:35 pm Page 1 of 4
Income Statement Report Operating January 01, 2018 thru January 31, 2018 Current Period Variance Year to Date (1 month) Variance Annual Remaining Expense Administrative 5215 - Postage 375.00 (375.00) 375.00 (375.00) 4,50 4,50 Total Administrative 3,096.63 3,744.00 (647.37) 3,096.63 3,744.00 (647.37) 50,525.00 47,428.37 Insurance 5400 - Insurance Premiums 1,951.96 1,893.00 58.96 1,951.96 1,893.00 58.96 22,712.00 20,760.04 Total Insurance 1,951.96 1,893.00 58.96 1,951.96 1,893.00 58.96 22,712.00 20,760.04 Utilities 6000 - Electric Service 1,561.39 1,50 61.39 1,561.39 1,50 61.39 18,00 16,438.61 6025 - Water Service 276.52 1,25 (973.48) 276.52 1,25 (973.48) 15,00 14,723.48 Total Utilities 1,837.91 2,75 (912.09) 1,837.91 2,75 (912.09) 33,00 31,162.09 Landscaping 6100 - Grounds & Landscaping - Contract 19,574.97 19,575.00 (0.03) 19,574.97 19,575.00 (0.03) 234,899.65 215,324.68 6140 - Force Mow 42.00 (42.00) 42.00 (42.00) 50 50 6199 - Landscape Other 8,51 3,333.00 5,177.00 8,51 3,333.00 5,177.00 40,00 31,49 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 375.00 (375.00) 4,50 4,50 Total Landscaping 28,084.97 23,325.00 4,759.97 28,084.97 23,325.00 4,759.97 279,899.65 251,814.68 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 1,333.00 1,333.00 1,333.00 1,333.00 16,00 14,667.00 6440 - Safety & Security 4,35 4,583.00 (233.00) 4,35 4,583.00 (233.00) 55,00 50,65 Total Contracted Services 5,683.00 5,916.00 (233.00) 5,683.00 5,916.00 (233.00) 71,00 65,317.00 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 417.00 (417.00) 417.00 (417.00) 5,00 5,00 6530 - Common Areas Repair & Maintenance 7,900.30 1,25 6,650.30 7,900.30 1,25 6,650.30 15,00 7,099.70 6545 - Electrical Supplies/Repair & Maintena 274.72 42.00 232.72 274.72 42.00 232.72 50 225.28 Printed by Janet Hampton on Tue Aug 21, 2018 02:35 pm Page 2 of 4
Income Statement Report Operating January 01, 2018 thru January 31, 2018 Current Period Variance Year to Date (1 month) Variance Annual Remaining Expense Repair & Maintenance 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 125.00 (125.00) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 42.00 (42.00) 42.00 (42.00) 50 50 6670 - Drainage Repair & Maintenance 3,333.00 (3,333.00) 3,333.00 (3,333.00) 40,00 40,00 6685 - Playground Maintenance/Repairs 1,25 (1,25) 1,25 (1,25) 15,00 15,00 6745 - Signage Repair & Maintenance 42.00 (42.00) 42.00 (42.00) 50 50 6770 - Vandalism Repair & Maintenance 83.00 (83.00) 83.00 (83.00) 1,00 1,00 Total Repair & Maintenance 8,175.02 6,584.00 1,591.02 8,175.02 6,584.00 1,591.02 79,00 70,824.98 Professional Services 7000 - Audit & Tax Services 767.00 (767.00) 767.00 (767.00) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 125.00 (125.00) 1,50 1,50 7010 - Engineering Services 833.00 (833.00) 833.00 (833.00) 10,00 10,00 7025 - Legal Services - Collections 105.00 417.00 (312.00) 105.00 417.00 (312.00) 5,00 4,895.00 7030 - Legal Services - General Counsel 962.50 625.00 337.50 962.50 625.00 337.50 7,50 6,537.50 7035 - Legal Services - Deed Restrictions 625.00 (625.00) 625.00 (625.00) 7,50 7,50 7040 - Management Fees 7,982.39 7,68 302.39 7,982.39 7,68 302.39 92,16 84,177.61 7095 - Other Professional Services 83.00 (83.00) 83.00 (83.00) 1,00 1,00 Total Professional Services 9,049.89 11,155.00 (2,105.11) 9,049.89 11,155.00 (2,105.11) 133,86 124,810.11 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 4.00 (4.00) 5 5 Total Taxes 4.00 (4.00) 4.00 (4.00) 5 5 Total Operating Expense 61,554.38 55,371.00 6,183.38 61,554.38 55,371.00 6,183.38 680,046.65 618,492.27 Total Operating Income / (Loss) (13,725.06) (4,799.00) (8,926.06) (13,725.06) (4,799.00) (8,926.06) (73,196.65) (59,471.59) Printed by Janet Hampton on Tue Aug 21, 2018 02:35 pm Page 3 of 4
Income Statement Report Reserves January 01, 2018 thru January 31, 2018 Current Period Variance Year to Date (1 month) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 4910 - Interest Earned - Reserve Accounts 136.73 63.00 73.73 136.73 63.00 73.73 75 613.27 Total Income 136.73 63.00 73.73 136.73 63.00 73.73 108,75 108,613.27 Total Reserves Income 136.73 63.00 73.73 136.73 63.00 73.73 108,75 108,613.27 Expense Reserve Expenses 9800 - Drainage Reserves 1,497.50 1,497.50 1,497.50 1,497.50 (1,497.50) 9828 - Concrete Expenses 80 80 80 80 (80) 9910 - Playground Reserves 11,225.00 11,225.00 11,225.00 11,225.00 (11,225.00) Total Reserve Expenses 13,522.50 13,522.50 13,522.50 13,522.50 (13,522.50) Total Reserves Expense 13,522.50 13,522.50 13,522.50 13,522.50 (13,522.50) Total Reserves Income / (Loss) (13,385.77) 63.00 (13,448.77) (13,385.77) 63.00 (13,448.77) 108,75 122,135.77 Total Association Net Income / (Loss) (27,110.83) (4,736.00) (22,374.83) (27,110.83) (4,736.00) (22,374.83) 35,553.35 62,664.18 Printed by Janet Hampton on Tue Aug 21, 2018 02:35 pm Page 4 of 4
Balance Sheet Report As of February 28, 2018 Balance Feb 28, 2018 Balance Jan 31, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 539,777.36 461,285.73 78,491.63 1100 - Pacific Premier Bank MM - 5044 14,537.49 14,535.82 1.67 1101 - Pacific Premier Bank MM ICS #044 379,248.31 379,190.16 58.15 1650 - Due to/from Reserves (93,939.05) 20,055.95 (113,995.00) Total Operating Funds 839,624.11 875,067.66 (35,443.55) Reserve Funds 1300 - PPB Res CK #4618 73,828.29 82,538.29 (8,71) 1325 - Pacific Premier MM Reserve - 5333 179,618.53 179,570.32 48.21 1326 - Pacific Premier MM Reserve ICS #333 722,288.54 722,177.76 110.78 1651 - Due to/from Operating 93,939.05 (20,055.95) 113,995.00 Total Reserve Funds 1,069,674.41 964,230.42 105,443.99 Accounts Receivable 1500 - Residential Assessments Receivable 102,207.88 195,638.45 (93,430.57) Total Accounts Receivable 102,207.88 195,638.45 (93,430.57) Other Current Assets 1600 - Prepaid Insurance 9,329.72 11,281.68 (1,951.96) 1799 - Clearing Account 1,656.51 1,656.51 Total Other Current Assets 10,986.23 11,281.68 (295.45) Total Assets 2,022,492.63 2,046,218.21 (23,725.58) Liabilities Liabilities 2015 - Returned Check Fee Payable 3 (3) 2025 - Transfer Fee Payable 20 20 2036 - PMG Collections 4,129.74 1,709.74 2,42 Printed by Janet Hampton on Tue Aug 21, 2018 02:37 pm Page 1 of 2
Balance Sheet Report As of February 28, 2018 Balance Feb 28, 2018 Balance Jan 31, 2018 Change Liabilities Liabilities 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2050 - Resident Refunds 0.70 0.70 2395 - Other Accrued Expenses 4,917.00 14,293.00 (9,376.00) 2400 - Accrued Payroll Payable 3,170.50 (0.90) 3,171.40 2525 - Architectural Review Fees Deposit 32,795.00 30,87 1,925.00 2550 - Prepaid Assessments 2,245.44 1,115.00 1,130.44 2595 - Deferred Revenue 491,25 648,375.00 (157,125.00) Total Liabilities 538,638.38 696,322.54 (157,684.16) Total Liabilities 538,638.38 696,322.54 (157,684.16) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 9,284.00 9,284.00 Total Owners Equity - Prior Years 408,674.31 399,390.31 9,284.00 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,386,290.50 1,377,006.50 9,284.00 Net Income / (Loss) 97,563.75 (27,110.83) 124,674.58 Total Liabilities and Equity 2,022,492.63 2,046,218.21 (23,725.58) Printed by Janet Hampton on Tue Aug 21, 2018 02:37 pm Page 2 of 2
Income Statement Report Operating February 01, 2018 thru February 28, 2018 Current Period Variance Year to Date (2 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,90 49,125.00 775.00 98,385.00 98,25 135.00 589,50 491,115.00 4205 - Application Fees 40 29.00 371.00 40 58.00 342.00 35 (5) 4220 - Gate & Access Fees 25 41.00 209.00 35 83.00 267.00 50 15 4710 - Late Fees & Interest 1,274.67 834.00 440.67 358.68 1,667.00 (1,308.32) 10,00 9,641.32 4720 - Legal Reimbursements 118.50 416.00 (297.50) 192.00 833.00 (641.00) 5,00 4,808.00 4805 - Compliance Fees 1,075.00 62.00 1,013.00 1,075.00 125.00 95 75 (325.00) 4900 - Interest Earned - Operating Accounts 59.82 62.00 (2.18) 146.63 125.00 21.63 75 603.37 Total Income 53,077.99 50,569.00 2,508.99 100,907.31 101,141.00 (233.69) 606,85 505,942.69 Total Operating Income 53,077.99 50,569.00 2,508.99 100,907.31 101,141.00 (233.69) 606,85 505,942.69 Expense Administrative 5000 - General Administrative 133.44 41.00 92.44 133.44 83.00 50.44 50 366.56 5005 - Application/Processing 3 41.00 (11.00) 3 83.00 (53.00) 50 47 5010 - Bad Debt 234.89 25 (15.11) 1,671.53 50 1,171.53 3,00 1,328.47 5015 - Bank Charges 7.00 (7.00) 13.00 (13.00) 75.00 75.00 5025 - Billing/Collections 834.00 (834.00) 1,667.00 (1,667.00) 10,00 10,00 5035 - Decorations 5,00 5,00 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 20 (20) 8 40 (32) 2,40 2,32 5090 - Office Supplies 5.40 84.00 (78.60) 5.40 167.00 (161.60) 1,00 994.60 5100 - Records Storage 249.40 234.00 15.40 249.40 467.00 (217.60) 2,80 2,550.60 5115 - Web Site Maintenance 12.00 (12.00) 25.00 (25.00) 15 15 5195 - Other Administrative Services 1,101.17 1,101.17 (1,101.17) 5200 - Community Events 1,25 (1,25) 478.82 2,50 (2,021.18) 15,00 14,521.18 5210 - Printing & Copying 144.70 416.00 (271.30) 144.70 833.00 (688.30) 5,00 4,855.30 Printed by Janet Hampton on Tue Aug 21, 2018 02:36 pm Page 1 of 4
Income Statement Report Operating February 01, 2018 thru February 28, 2018 Current Period Variance Year to Date (2 months) Variance Annual Remaining Expense Administrative 5215 - Postage 72.73 375.00 (302.27) 72.73 75 (677.27) 4,50 4,427.27 Total Administrative 870.56 3,744.00 (2,873.44) 3,967.19 7,488.00 (3,520.81) 50,525.00 46,557.81 Insurance 5400 - Insurance Premiums 1,951.96 1,892.00 59.96 3,903.92 3,785.00 118.92 22,712.00 18,808.08 Total Insurance 1,951.96 1,892.00 59.96 3,903.92 3,785.00 118.92 22,712.00 18,808.08 Utilities 6000 - Electric Service 1,972.71 1,50 472.71 3,534.10 3,00 534.10 18,00 14,465.90 6025 - Water Service 224.88 1,25 (1,025.12) 501.40 2,50 (1,998.60) 15,00 14,498.60 Total Utilities 2,197.59 2,75 (552.41) 4,035.50 5,50 (1,464.50) 33,00 28,964.50 Landscaping 6100 - Grounds & Landscaping - Contract 19,574.97 19,575.00 (0.03) 39,149.94 39,15 (0.06) 234,899.65 195,749.71 6140 - Force Mow 41.00 (41.00) 83.00 (83.00) 50 50 6199 - Landscape Other 3,334.00 (3,334.00) 8,51 6,667.00 1,843.00 40,00 31,49 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 75 (75) 4,50 4,50 Total Landscaping 19,574.97 23,325.00 (3,750.03) 47,659.94 46,65 1,009.94 279,899.65 232,239.71 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 1,334.00 1,334.00 2,667.00 2,667.00 16,00 13,333.00 6440 - Safety & Security 3,25 4,584.00 (1,334.00) 7,60 9,167.00 (1,567.00) 55,00 47,40 Total Contracted Services 4,584.00 5,918.00 (1,334.00) 10,267.00 11,834.00 (1,567.00) 71,00 60,733.00 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 416.00 (416.00) 833.00 (833.00) 5,00 5,00 6530 - Common Areas Repair & Maintenance (3,55) 1,25 (4,80) 4,350.30 2,50 1,850.30 15,00 10,649.70 6545 - Electrical Supplies/Repair & Maintena 41.00 (41.00) 274.72 83.00 191.72 50 225.28 Printed by Janet Hampton on Tue Aug 21, 2018 02:36 pm Page 2 of 4
Income Statement Report Operating February 01, 2018 thru February 28, 2018 Current Period Variance Year to Date (2 months) Variance Annual Remaining Expense Repair & Maintenance 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 25 (25) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 41.00 (41.00) 83.00 (83.00) 50 50 6670 - Drainage Repair & Maintenance 3,334.00 (3,334.00) 6,667.00 (6,667.00) 40,00 40,00 6685 - Playground Maintenance/Repairs 1,25 (1,25) 2,50 (2,50) 15,00 15,00 6745 - Signage Repair & Maintenance 27.06 41.00 (13.94) 27.06 83.00 (55.94) 50 472.94 6770 - Vandalism Repair & Maintenance 84.00 (84.00) 167.00 (167.00) 1,00 1,00 Total Repair & Maintenance (3,522.94) 6,582.00 (10,104.94) 4,652.08 13,166.00 (8,513.92) 79,00 74,347.92 Professional Services 7000 - Audit & Tax Services 766.00 (766.00) 1,533.00 (1,533.00) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 25 (25) 1,50 1,50 7010 - Engineering Services 834.00 (834.00) 1,667.00 (1,667.00) 10,00 10,00 7025 - Legal Services - Collections 416.00 (416.00) 105.00 833.00 (728.00) 5,00 4,895.00 7030 - Legal Services - General Counsel 212.50 625.00 (412.50) 1,175.00 1,25 (75.00) 7,50 6,325.00 7035 - Legal Services - Deed Restrictions 15 625.00 (475.00) 15 1,25 (1,10) 7,50 7,35 7040 - Management Fees 7,828.76 7,68 148.76 15,811.15 15,36 451.15 92,16 76,348.85 7095 - Other Professional Services 84.00 (84.00) 167.00 (167.00) 1,00 1,00 Total Professional Services 8,191.26 11,155.00 (2,963.74) 17,241.15 22,31 (5,068.85) 133,86 116,618.85 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 8.00 (8.00) 5 5 Total Taxes 4.00 (4.00) 8.00 (8.00) 5 5 Total Operating Expense 33,847.40 55,37 (21,522.60) 95,401.78 110,741.00 (15,339.22) 680,046.65 584,644.87 Total Operating Income / (Loss) 19,230.59 (4,801.00) 24,031.59 5,505.53 (9,60) 15,105.53 (73,196.65) (78,702.18) Printed by Janet Hampton on Tue Aug 21, 2018 02:36 pm Page 3 of 4
Income Statement Report Reserves February 01, 2018 thru February 28, 2018 Current Period Variance Year to Date (2 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 158.99 62.00 96.99 295.72 125.00 170.72 75 454.28 Total Income 108,158.99 108,062.00 96.99 108,295.72 108,125.00 170.72 108,75 454.28 Total Reserves Income 108,158.99 108,062.00 96.99 108,295.72 108,125.00 170.72 108,75 454.28 Expense Reserve Expenses 9800 - Drainage Reserves 1,215.00 1,215.00 2,712.50 2,712.50 (2,712.50) 9828 - Concrete Expenses 80 80 (80) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 1,50 1,50 1,50 1,50 (1,50) Total Reserve Expenses 2,715.00 2,715.00 16,237.50 16,237.50 (16,237.50) Total Reserves Expense 2,715.00 2,715.00 16,237.50 16,237.50 (16,237.50) Total Reserves Income / (Loss) 105,443.99 108,062.00 (2,618.01) 92,058.22 108,125.00 (16,066.78) 108,75 16,691.78 Total Association Net Income / (Loss) 124,674.58 103,261.00 21,413.58 97,563.75 98,525.00 (961.25) 35,553.35 (62,010.40) Printed by Janet Hampton on Tue Aug 21, 2018 02:36 pm Page 4 of 4
Balance Sheet Report As of March 31, 2018 Balance Mar 31, 2018 Balance Feb 28, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 174,791.97 539,777.36 (364,985.39) 1100 - Pacific Premier Bank MM - 5044 264,613.65 14,537.49 250,076.16 1101 - Pacific Premier Bank MM ICS #044 379,312.69 379,248.31 64.38 1650 - Due to/from Reserves 14,060.95 (93,939.05) 108,00 Total Operating Funds 832,779.26 839,624.11 (6,844.85) Reserve Funds 1300 - PPB Res CK #4618 63,703.92 73,828.29 (10,124.37) 1325 - Pacific Premier MM Reserve - 5333 287,698.85 179,618.53 108,080.32 1326 - Pacific Premier MM Reserve ICS #333 722,411.20 722,288.54 122.66 1651 - Due to/from Operating (14,060.95) 93,939.05 (108,00) Total Reserve Funds 1,059,753.02 1,069,674.41 (9,921.39) Accounts Receivable 1500 - Residential Assessments Receivable 68,026.59 102,207.88 (34,181.29) Total Accounts Receivable 68,026.59 102,207.88 (34,181.29) Other Current Assets 1600 - Prepaid Insurance 7,377.76 9,329.72 (1,951.96) 1799 - Clearing Account 1,481.56 1,656.51 (174.95) Total Other Current Assets 8,859.32 10,986.23 (2,126.91) Total Assets 1,969,418.19 2,022,492.63 (53,074.44) Liabilities Liabilities 2015 - Returned Check Fee Payable 6 6 2025 - Transfer Fee Payable 20 (20) 2036 - PMG Collections 4,269.74 4,129.74 14 Printed by Janet Hampton on Tue Aug 21, 2018 03:07 pm Page 1 of 2
Balance Sheet Report As of March 31, 2018 Balance Mar 31, 2018 Balance Feb 28, 2018 Change Liabilities Liabilities 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2050 - Resident Refunds 1,80 0.70 1,799.30 2395 - Other Accrued Expenses 4,417.00 4,917.00 (50) 2400 - Accrued Payroll Payable (70.77) 3,170.50 (3,241.27) 2525 - Architectural Review Fees Deposit 30,995.00 32,795.00 (1,80) 2550 - Prepaid Assessments 1,625.44 2,245.44 (62) 2595 - Deferred Revenue 442,125.00 491,25 (49,125.00) Total Liabilities 485,151.41 538,638.38 (53,486.97) Total Liabilities 485,151.41 538,638.38 (53,486.97) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 9,284.00 9,284.00 Total Owners Equity - Prior Years 408,674.31 408,674.31 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,386,290.50 1,386,290.50 Net Income / (Loss) 97,976.28 97,563.75 412.53 Total Liabilities and Equity 1,969,418.19 2,022,492.63 (53,074.44) Printed by Janet Hampton on Tue Aug 21, 2018 03:07 pm Page 2 of 2
Income Statement Report Operating March 01, 2018 thru March 31, 2018 Current Period Variance Year to Date (3 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,125.00 49,125.00 147,51 147,375.00 135.00 589,50 441,99 4205 - Application Fees 3 (3) 40 88.00 312.00 35 (5) 4220 - Gate & Access Fees 25 42.00 208.00 60 125.00 475.00 50 (10) 4710 - Late Fees & Interest 775.62 833.00 (57.38) 1,134.30 2,50 (1,365.70) 10,00 8,865.70 4720 - Legal Reimbursements 916.23 417.00 499.23 1,108.23 1,25 (141.77) 5,00 3,891.77 4805 - Compliance Fees 63.00 (63.00) 1,075.00 188.00 887.00 75 (325.00) 4835 - Miscellaneous Income 0.70 0.70 0.70 0.70 (0.70) 4900 - Interest Earned - Operating Accounts 140.54 63.00 77.54 287.17 188.00 99.17 75 462.83 Total Income 51,208.09 50,573.00 635.09 152,115.40 151,714.00 401.40 606,85 454,734.60 Total Operating Income 51,208.09 50,573.00 635.09 152,115.40 151,714.00 401.40 606,85 454,734.60 Expense Administrative 5000 - General Administrative 133.92 42.00 91.92 267.36 125.00 142.36 50 232.64 5005 - Application/Processing 45.00 42.00 3.00 75.00 125.00 (5) 50 425.00 5010 - Bad Debt 17 25 (8) 1,841.53 75 1,091.53 3,00 1,158.47 5015 - Bank Charges 6.00 (6.00) 19.00 (19.00) 75.00 75.00 5025 - Billing/Collections 833.00 (833.00) 2,50 (2,50) 10,00 10,00 5035 - Decorations 5,00 5,00 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 220.25 20 20.25 300.25 60 (299.75) 2,40 2,099.75 5090 - Office Supplies 7.50 83.00 (75.50) 12.90 25 (237.10) 1,00 987.10 5100 - Records Storage 239.40 233.00 6.40 488.80 70 (211.20) 2,80 2,311.20 5115 - Web Site Maintenance 13.00 (13.00) 38.00 (38.00) 15 15 5195 - Other Administrative Services 1,101.17 1,101.17 (1,101.17) 5200 - Community Events 1,25 (1,25) 478.82 3,75 (3,271.18) 15,00 14,521.18 5210 - Printing & Copying 271.00 417.00 (146.00) 415.70 1,25 (834.30) 5,00 4,584.30 Printed by Janet Hampton on Tue Aug 21, 2018 02:44 pm Page 1 of 4
Income Statement Report Operating March 01, 2018 thru March 31, 2018 Current Period Variance Year to Date (3 months) Variance Annual Remaining Expense Administrative 5215 - Postage 44.18 375.00 (330.82) 116.91 1,125.00 (1,008.09) 4,50 4,383.09 Total Administrative 1,131.25 3,744.00 (2,612.75) 5,098.44 11,232.00 (6,133.56) 50,525.00 45,426.56 Insurance 5400 - Insurance Premiums 1,951.96 1,893.00 58.96 5,855.88 5,678.00 177.88 22,712.00 16,856.12 Total Insurance 1,951.96 1,893.00 58.96 5,855.88 5,678.00 177.88 22,712.00 16,856.12 Utilities 6000 - Electric Service 1,602.45 1,50 102.45 5,136.55 4,50 636.55 18,00 12,863.45 6025 - Water Service 230.52 1,25 (1,019.48) 731.92 3,75 (3,018.08) 15,00 14,268.08 Total Utilities 1,832.97 2,75 (917.03) 5,868.47 8,25 (2,381.53) 33,00 27,131.53 Landscaping 6100 - Grounds & Landscaping - Contract 20,136.97 19,575.00 561.97 59,286.91 58,725.00 561.91 234,899.65 175,612.74 6140 - Force Mow 42.00 (42.00) 125.00 (125.00) 50 50 6199 - Landscape Other 3,333.00 (3,333.00) 8,51 10,00 (1,49) 40,00 31,49 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 1,125.00 (1,125.00) 4,50 4,50 Total Landscaping 20,136.97 23,325.00 (3,188.03) 67,796.91 69,975.00 (2,178.09) 279,899.65 212,102.74 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 95 1,333.00 (383.00) 3,617.00 4,00 (383.00) 16,00 12,383.00 6440 - Safety & Security 4,20 4,583.00 (383.00) 11,80 13,75 (1,95) 55,00 43,20 Total Contracted Services 5,15 5,916.00 (766.00) 15,417.00 17,75 (2,333.00) 71,00 55,583.00 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 417.00 (417.00) 1,25 (1,25) 5,00 5,00 6530 - Common Areas Repair & Maintenance 35 1,25 (90) 4,700.30 3,75 950.30 15,00 10,299.70 6545 - Electrical Supplies/Repair & Maintena 42.00 (42.00) 274.72 125.00 149.72 50 225.28 Printed by Janet Hampton on Tue Aug 21, 2018 02:44 pm Page 2 of 4
Income Statement Report Operating March 01, 2018 thru March 31, 2018 Current Period Variance Year to Date (3 months) Variance Annual Remaining Expense Repair & Maintenance 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 375.00 (375.00) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 342.50 42.00 300.50 342.50 125.00 217.50 50 157.50 6670 - Drainage Repair & Maintenance 3,333.00 (3,333.00) 10,00 (10,00) 40,00 40,00 6685 - Playground Maintenance/Repairs 1,25 (1,25) 3,75 (3,75) 15,00 15,00 6745 - Signage Repair & Maintenance 42.00 (42.00) 27.06 125.00 (97.94) 50 472.94 6770 - Vandalism Repair & Maintenance 83.00 (83.00) 25 (25) 1,00 1,00 Total Repair & Maintenance 692.50 6,584.00 (5,891.50) 5,344.58 19,75 (14,405.42) 79,00 73,655.42 Professional Services 7000 - Audit & Tax Services 767.00 (767.00) 2,30 (2,30) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 375.00 (375.00) 1,50 1,50 7010 - Engineering Services 833.00 (833.00) 2,50 (2,50) 10,00 10,00 7025 - Legal Services - Collections 219.73 417.00 (197.27) 324.73 1,25 (925.27) 5,00 4,675.27 7030 - Legal Services - General Counsel 1,275.87 625.00 650.87 2,450.87 1,875.00 575.87 7,50 5,049.13 7035 - Legal Services - Deed Restrictions 696.50 625.00 71.50 846.50 1,875.00 (1,028.50) 7,50 6,653.50 7040 - Management Fees 7,786.42 7,68 106.42 23,597.57 23,04 557.57 92,16 68,562.43 7095 - Other Professional Services 83.00 (83.00) 25 (25) 1,00 1,00 Total Professional Services 9,978.52 11,155.00 (1,176.48) 27,219.67 33,465.00 (6,245.33) 133,86 106,640.33 Taxes 9015 - Property/Real Estate Tax 5.00 (5.00) 13.00 (13.00) 5 5 Total Taxes 5.00 (5.00) 13.00 (13.00) 5 5 Total Operating Expense 40,874.17 55,372.00 (14,497.83) 136,275.95 166,113.00 (29,837.05) 680,046.65 543,770.70 Total Operating Income / (Loss) 10,333.92 (4,799.00) 15,132.92 15,839.45 (14,399.00) 30,238.45 (73,196.65) (89,036.10) Printed by Janet Hampton on Tue Aug 21, 2018 02:44 pm Page 3 of 4
Income Statement Report Reserves March 01, 2018 thru March 31, 2018 Current Period Variance Year to Date (3 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 202.98 63.00 139.98 498.70 188.00 310.70 75 251.30 Total Income 202.98 63.00 139.98 108,498.70 108,188.00 310.70 108,75 251.30 Total Reserves Income 202.98 63.00 139.98 108,498.70 108,188.00 310.70 108,75 251.30 Expense Reserve Expenses 9800 - Drainage Reserves 4,658.37 4,658.37 7,370.87 7,370.87 (7,370.87) 9828 - Concrete Expenses 5,466.00 5,466.00 6,266.00 6,266.00 (6,266.00) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 1,50 1,50 (1,50) Total Reserve Expenses 10,124.37 10,124.37 26,361.87 26,361.87 (26,361.87) Total Reserves Expense 10,124.37 10,124.37 26,361.87 26,361.87 (26,361.87) Total Reserves Income / (Loss) (9,921.39) 63.00 (9,984.39) 82,136.83 108,188.00 (26,051.17) 108,75 26,613.17 Total Association Net Income / (Loss) 412.53 (4,736.00) 5,148.53 97,976.28 93,789.00 4,187.28 35,553.35 (62,422.93) Printed by Janet Hampton on Tue Aug 21, 2018 02:44 pm Page 4 of 4
Balance Sheet Report As of April 30, 2018 Balance Apr 30, 2018 Balance Mar 31, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 151,614.55 174,791.97 (23,177.42) 1100 - Pacific Premier Bank MM - 5044 114,671.07 264,613.65 (149,942.58) 1101 - Pacific Premier Bank MM ICS #044 529,385.70 379,312.69 150,073.01 1650 - Due to/from Reserves 14,577.20 14,060.95 516.25 Total Operating Funds 810,248.52 832,779.26 (22,530.74) Reserve Funds 1300 - PPB Res CK #4618 63,703.92 63,703.92 1325 - Pacific Premier MM Reserve - 5333 137,762.91 287,698.85 (149,935.94) 1326 - Pacific Premier MM Reserve ICS #333 872,540.60 722,411.20 150,129.40 1651 - Due to/from Operating (14,577.20) (14,060.95) (516.25) Total Reserve Funds 1,059,430.23 1,059,753.02 (322.79) Accounts Receivable 1500 - Residential Assessments Receivable 48,901.12 68,026.59 (19,125.47) Total Accounts Receivable 48,901.12 68,026.59 (19,125.47) Other Current Assets 1600 - Prepaid Insurance 5,425.80 7,377.76 (1,951.96) 1799 - Clearing Account 1,481.56 (1,481.56) Total Other Current Assets 5,425.80 8,859.32 (3,433.52) Total Assets 1,924,005.67 1,969,418.19 (45,412.52) Liabilities Liabilities 2015 - Returned Check Fee Payable 6 6 2036 - PMG Collections 4,889.74 4,269.74 62 2037 - Payment Plan Fees (4) (4) Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 1 of 2
Balance Sheet Report As of April 30, 2018 Balance Apr 30, 2018 Balance Mar 31, 2018 Change Liabilities Liabilities 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2050 - Resident Refunds 1,80 (1,80) 2395 - Other Accrued Expenses 1,75 4,417.00 (2,667.00) 2400 - Accrued Payroll Payable (109.33) (70.77) (38.56) 2525 - Architectural Review Fees Deposit 30,995.00 30,995.00 2550 - Prepaid Assessments 2,635.44 1,625.44 1,01 2595 - Deferred Revenue 393,00 442,125.00 (49,125.00) Total Liabilities 433,150.85 485,151.41 (52,000.56) Total Liabilities 433,150.85 485,151.41 (52,000.56) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 9,284.00 9,284.00 Total Owners Equity - Prior Years 408,674.31 408,674.31 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,386,290.50 1,386,290.50 Net Income / (Loss) 104,564.32 97,976.28 6,588.04 Total Liabilities and Equity 1,924,005.67 1,969,418.19 (45,412.52) Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 2 of 2
Income Statement Report Operating April 01, 2018 thru April 30, 2018 Current Period Variance Year to Date (4 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,125.00 49,125.00 196,635.00 196,50 135.00 589,50 392,865.00 4205 - Application Fees 29.00 (29.00) 40 117.00 283.00 35 (5) 4220 - Gate & Access Fees 50 42.00 458.00 1,10 167.00 933.00 50 (60) 4710 - Late Fees & Interest 644.49 833.00 (188.51) 1,778.79 3,333.00 (1,554.21) 10,00 8,221.21 4720 - Legal Reimbursements 495.00 417.00 78.00 1,603.23 1,667.00 (63.77) 5,00 3,396.77 4805 - Compliance Fees 62.00 (62.00) 1,075.00 25 825.00 75 (325.00) 4835 - Miscellaneous Income 0.70 0.70 (0.70) 4900 - Interest Earned - Operating Accounts 130.43 62.00 68.43 417.60 25 167.60 75 332.40 Total Income 50,894.92 50,57 324.92 203,010.32 202,284.00 726.32 606,85 403,839.68 Total Operating Income 50,894.92 50,57 324.92 203,010.32 202,284.00 726.32 606,85 403,839.68 Expense Administrative 5000 - General Administrative 42.00 (42.00) 267.36 167.00 100.36 50 232.64 5005 - Application/Processing 42.00 (42.00) 75.00 167.00 (92.00) 50 425.00 5010 - Bad Debt 25 (25) 1,841.53 1,00 841.53 3,00 1,158.47 5015 - Bank Charges 6.00 (6.00) 25.00 (25.00) 75.00 75.00 5025 - Billing/Collections 833.00 (833.00) 3,333.00 (3,333.00) 10,00 10,00 5035 - Decorations 2,696.12 2,696.12 2,696.12 2,696.12 5,00 2,303.88 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 27 20 7 570.25 80 (229.75) 2,40 1,829.75 5090 - Office Supplies 83.00 (83.00) 12.90 333.00 (320.10) 1,00 987.10 5100 - Records Storage 233.00 (233.00) 488.80 933.00 (444.20) 2,80 2,311.20 5115 - Web Site Maintenance 12.00 (12.00) 5 (5) 15 15 5195 - Other Administrative Services 724.93 724.93 1,826.10 1,826.10 (1,826.10) 5200 - Community Events 1,830.17 1,25 580.17 2,308.99 5,00 (2,691.01) 15,00 12,691.01 5210 - Printing & Copying 417.00 (417.00) 415.70 1,667.00 (1,251.30) 5,00 4,584.30 Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 1 of 4
Income Statement Report Operating April 01, 2018 thru April 30, 2018 Current Period Variance Year to Date (4 months) Variance Annual Remaining Expense Administrative 5215 - Postage 375.00 (375.00) 116.91 1,50 (1,383.09) 4,50 4,383.09 Total Administrative 5,521.22 3,743.00 1,778.22 10,619.66 14,975.00 (4,355.34) 50,525.00 39,905.34 Insurance 5400 - Insurance Premiums 1,951.96 1,893.00 58.96 7,807.84 7,571.00 236.84 22,712.00 14,904.16 Total Insurance 1,951.96 1,893.00 58.96 7,807.84 7,571.00 236.84 22,712.00 14,904.16 Utilities 6000 - Electric Service 1,600.69 1,50 100.69 6,737.24 6,00 737.24 18,00 11,262.76 6025 - Water Service 306.40 1,25 (943.60) 1,038.32 5,00 (3,961.68) 15,00 13,961.68 Total Utilities 1,907.09 2,75 (842.91) 7,775.56 11,00 (3,224.44) 33,00 25,224.44 Landscaping 6100 - Grounds & Landscaping - Contract 19,012.97 19,575.00 (562.03) 78,299.88 78,30 (0.12) 234,899.65 156,599.77 6140 - Force Mow 25 42.00 208.00 25 167.00 83.00 50 25 6199 - Landscape Other 562.00 3,333.00 (2,771.00) 9,072.00 13,333.00 (4,261.00) 40,00 30,928.00 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 1,50 (1,50) 4,50 4,50 Total Landscaping 19,824.97 23,325.00 (3,500.03) 87,621.88 93,30 (5,678.12) 279,899.65 192,277.77 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 183.00 1,333.00 (1,15) 3,80 5,333.00 (1,533.00) 16,00 12,20 6440 - Safety & Security 4,50 4,583.00 (83.00) 16,30 18,333.00 (2,033.00) 55,00 38,70 Total Contracted Services 4,683.00 5,916.00 (1,233.00) 20,10 23,666.00 (3,566.00) 71,00 50,90 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 417.00 (417.00) 1,667.00 (1,667.00) 5,00 5,00 6530 - Common Areas Repair & Maintenance 1,25 (1,25) 4,700.30 5,00 (299.70) 15,00 10,299.70 6545 - Electrical Supplies/Repair & Maintena 42.00 (42.00) 274.72 167.00 107.72 50 225.28 Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 2 of 4
Income Statement Report Operating April 01, 2018 thru April 30, 2018 Current Period Variance Year to Date (4 months) Variance Annual Remaining Expense Repair & Maintenance 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 50 (50) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 42.00 (42.00) 342.50 167.00 175.50 50 157.50 6670 - Drainage Repair & Maintenance 3,333.00 (3,333.00) 13,333.00 (13,333.00) 40,00 40,00 6685 - Playground Maintenance/Repairs 1,25 (1,25) 5,00 (5,00) 15,00 15,00 6745 - Signage Repair & Maintenance 42.00 (42.00) 27.06 167.00 (139.94) 50 472.94 6770 - Vandalism Repair & Maintenance 83.00 (83.00) 333.00 (333.00) 1,00 1,00 Total Repair & Maintenance 6,584.00 (6,584.00) 5,344.58 26,334.00 (20,989.42) 79,00 73,655.42 Professional Services 7000 - Audit & Tax Services 767.00 (767.00) 3,067.00 (3,067.00) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 50 (50) 1,50 1,50 7010 - Engineering Services 833.00 (833.00) 3,333.00 (3,333.00) 10,00 10,00 7025 - Legal Services - Collections 105.00 417.00 (312.00) 429.73 1,667.00 (1,237.27) 5,00 4,570.27 7030 - Legal Services - General Counsel 1,852.99 625.00 1,227.99 4,303.86 2,50 1,803.86 7,50 3,196.14 7035 - Legal Services - Deed Restrictions 39 625.00 (235.00) 1,236.50 2,50 (1,263.50) 7,50 6,263.50 7040 - Management Fees 7,747.86 7,68 67.86 31,345.43 30,72 625.43 92,16 60,814.57 7095 - Other Professional Services 83.00 (83.00) 333.00 (333.00) 1,00 1,00 Total Professional Services 10,095.85 11,155.00 (1,059.15) 37,315.52 44,62 (7,304.48) 133,86 96,544.48 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 17.00 (17.00) 5 5 Total Taxes 4.00 (4.00) 17.00 (17.00) 5 5 Total Operating Expense 43,984.09 55,37 (11,385.91) 180,260.04 221,483.00 (41,222.96) 680,046.65 499,786.61 Total Operating Income / (Loss) 6,910.83 (4,80) 11,710.83 22,750.28 (19,199.00) 41,949.28 (73,196.65) (95,946.93) Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 3 of 4
Income Statement Report Reserves April 01, 2018 thru April 30, 2018 Current Period Variance Year to Date (4 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 193.46 62.00 131.46 692.16 25 442.16 75 57.84 Total Income 193.46 62.00 131.46 108,692.16 108,25 442.16 108,75 57.84 Total Reserves Income 193.46 62.00 131.46 108,692.16 108,25 442.16 108,75 57.84 Expense Reserve Expenses 9800 - Drainage Reserves 516.25 516.25 7,887.12 7,887.12 (7,887.12) 9828 - Concrete Expenses 6,266.00 6,266.00 (6,266.00) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 1,50 1,50 (1,50) Total Reserve Expenses 516.25 516.25 26,878.12 26,878.12 (26,878.12) Total Reserves Expense 516.25 516.25 26,878.12 26,878.12 (26,878.12) Total Reserves Income / (Loss) (322.79) 62.00 (384.79) 81,814.04 108,25 (26,435.96) 108,75 26,935.96 Total Association Net Income / (Loss) 6,588.04 (4,738.00) 11,326.04 104,564.32 89,051.00 15,513.32 35,553.35 (69,010.97) Printed by Yue Jiang-AssociaHDQ on Thu Jun 28, 2018 04:26 pm Page 4 of 4
Balance Sheet Report As of May 31, 2018 Balance May 31, 2018 Balance Apr 30, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 63,392.02 151,614.55 (88,222.53) 1100 - Pacific Premier Bank MM - 5044 114,705.16 114,671.07 34.09 1101 - Pacific Premier Bank MM ICS #044 529,475.60 529,385.70 89.90 1650 - Due to/from Reserves 55,670.75 14,577.20 41,093.55 Total Operating Funds 763,243.53 810,248.52 (47,004.99) Reserve Funds 1300 - PPB Res CK #4618 63,703.92 63,703.92 1325 - Pacific Premier MM Reserve - 5333 137,803.86 137,762.91 40.95 1326 - Pacific Premier MM Reserve ICS #333 872,688.79 872,540.60 148.19 1651 - Due to/from Operating (55,670.75) (14,577.20) (41,093.55) Total Reserve Funds 1,018,525.82 1,059,430.23 (40,904.41) Accounts Receivable 1500 - Residential Assessments Receivable 40,205.37 48,901.12 (8,695.75) Total Accounts Receivable 40,205.37 48,901.12 (8,695.75) Other Current Assets 1600 - Prepaid Insurance 8,635.84 5,425.80 3,210.04 Total Other Current Assets 8,635.84 5,425.80 3,210.04 Total Assets 1,830,610.56 1,924,005.67 (93,395.11) Liabilities Liabilities 2015 - Returned Check Fee Payable 6 (6) 2036 - PMG Collections 3,424.59 4,889.74 (1,465.15) 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 1 of 2
Balance Sheet Report As of May 31, 2018 Balance May 31, 2018 Balance Apr 30, 2018 Change Liabilities Liabilities 2395 - Other Accrued Expenses 75 1,75 (1,00) 2400 - Accrued Payroll Payable (109.33) (109.33) 2525 - Architectural Review Fees Deposit 30,995.00 30,995.00 2550 - Prepaid Assessments 4,570.44 2,635.44 1,935.00 2595 - Deferred Revenue 343,875.00 393,00 (49,125.00) Total Liabilities 383,435.70 433,150.85 (49,715.15) Total Liabilities 383,435.70 433,150.85 (49,715.15) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 11,898.00 9,284.00 2,614.00 Total Owners Equity - Prior Years 411,288.31 408,674.31 2,614.00 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,388,904.50 1,386,290.50 2,614.00 Net Income / (Loss) 58,270.36 104,564.32 (46,293.96) Total Liabilities and Equity 1,830,610.56 1,924,005.67 (93,395.11) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 2 of 2
Income Statement Report Operating May 01, 2018 thru May 31, 2018 Current Period Variance Year to Date (5 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,90 49,125.00 775.00 246,535.00 245,625.00 91 589,50 342,965.00 4205 - Application Fees 29.00 (29.00) 40 146.00 254.00 35 (5) 4220 - Gate & Access Fees 80 41.00 759.00 1,90 208.00 1,692.00 50 (1,40) 4710 - Late Fees & Interest 197.60 834.00 (636.40) 1,976.39 4,167.00 (2,190.61) 10,00 8,023.61 4720 - Legal Reimbursements 22.00 416.00 (394.00) 1,625.23 2,083.00 (457.77) 5,00 3,374.77 4805 - Compliance Fees 63.00 (63.00) 1,075.00 313.00 762.00 75 (325.00) 4835 - Miscellaneous Income 0.70 0.70 (0.70) 4900 - Interest Earned - Operating Accounts 123.99 63.00 60.99 541.59 313.00 228.59 75 208.41 Total Income 51,043.59 50,571.00 472.59 254,053.91 252,855.00 1,198.91 606,85 352,796.09 Total Operating Income 51,043.59 50,571.00 472.59 254,053.91 252,855.00 1,198.91 606,85 352,796.09 Expense Administrative 5000 - General Administrative 413.64 41.00 372.64 681.00 208.00 473.00 50 (181.00) 5005 - Application/Processing 105.00 41.00 64.00 18 208.00 (28.00) 50 32 5010 - Bad Debt 25 (25) 1,841.53 1,25 591.53 3,00 1,158.47 5015 - Bank Charges 6.00 (6.00) 31.00 (31.00) 75.00 75.00 5025 - Billing/Collections 834.00 (834.00) 4,167.00 (4,167.00) 10,00 10,00 5035 - Decorations 2,696.12 2,696.12 5,00 2,303.88 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 307.90 20 107.90 878.15 1,00 (121.85) 2,40 1,521.85 5090 - Office Supplies 333.45 84.00 249.45 346.35 417.00 (70.65) 1,00 653.65 5100 - Records Storage 478.80 234.00 244.80 967.60 1,167.00 (199.40) 2,80 1,832.40 5115 - Web Site Maintenance 203.40 13.00 190.40 203.40 63.00 140.40 15 (53.40) 5195 - Other Administrative Services 45 45 2,276.10 2,276.10 (2,276.10) 5200 - Community Events 2,336.89 1,25 1,086.89 4,645.88 6,25 (1,604.12) 15,00 10,354.12 5210 - Printing & Copying 1,794.68 416.00 1,378.68 2,210.38 2,083.00 127.38 5,00 2,789.62 Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 1 of 4
Income Statement Report Operating May 01, 2018 thru May 31, 2018 Current Period Variance Year to Date (5 months) Variance Annual Remaining Expense Administrative 5215 - Postage 1,447.97 375.00 1,072.97 1,564.88 1,875.00 (310.12) 4,50 2,935.12 Total Administrative 7,871.73 3,744.00 4,127.73 18,491.39 18,719.00 (227.61) 50,525.00 32,033.61 Insurance 5400 - Insurance Premiums 1,951.96 1,892.00 59.96 9,759.80 9,463.00 296.80 22,712.00 12,952.20 Total Insurance 1,951.96 1,892.00 59.96 9,759.80 9,463.00 296.80 22,712.00 12,952.20 Utilities 6000 - Electric Service 1,584.55 1,50 84.55 8,321.79 7,50 821.79 18,00 9,678.21 6025 - Water Service 1,149.27 1,25 (100.73) 2,187.59 6,25 (4,062.41) 15,00 12,812.41 Total Utilities 2,733.82 2,75 (16.18) 10,509.38 13,75 (3,240.62) 33,00 22,490.62 Landscaping 6100 - Grounds & Landscaping - Contract 19,574.97 19,575.00 (0.03) 97,874.85 97,875.00 (0.15) 234,899.65 137,024.80 6140 - Force Mow 41.00 (41.00) 25 208.00 42.00 50 25 6199 - Landscape Other 3,334.00 (3,334.00) 9,072.00 16,667.00 (7,595.00) 40,00 30,928.00 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 1,875.00 (1,875.00) 4,50 4,50 Total Landscaping 19,574.97 23,325.00 (3,750.03) 107,196.85 116,625.00 (9,428.15) 279,899.65 172,702.80 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 95 1,334.00 (384.00) 4,75 6,667.00 (1,917.00) 16,00 11,25 6440 - Safety & Security 3,75 4,584.00 (834.00) 20,05 22,917.00 (2,867.00) 55,00 34,95 6444 - Water Treatment/Lake & Fish Service 54 54 54 54 (54) Total Contracted Services 5,24 5,918.00 (678.00) 25,34 29,584.00 (4,244.00) 71,00 45,66 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 416.00 (416.00) 2,083.00 (2,083.00) 5,00 5,00 6530 - Common Areas Repair & Maintenance 7,850.55 1,25 6,600.55 12,550.85 6,25 6,300.85 15,00 2,449.15 Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 2 of 4
Income Statement Report Operating May 01, 2018 thru May 31, 2018 Current Period Variance Year to Date (5 months) Variance Annual Remaining Expense Repair & Maintenance 6545 - Electrical Supplies/Repair & Maintena 41.00 (41.00) 274.72 208.00 66.72 50 225.28 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 625.00 (625.00) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 50.85 41.00 9.85 393.35 208.00 185.35 50 106.65 6670 - Drainage Repair & Maintenance 3,334.00 (3,334.00) 16,667.00 (16,667.00) 40,00 40,00 6685 - Playground Maintenance/Repairs 35 1,25 (90) 35 6,25 (5,90) 15,00 14,65 6745 - Signage Repair & Maintenance 41.00 (41.00) 27.06 208.00 (180.94) 50 472.94 6770 - Vandalism Repair & Maintenance 84.00 (84.00) 417.00 (417.00) 1,00 1,00 Total Repair & Maintenance 8,251.40 6,582.00 1,669.40 13,595.98 32,916.00 (19,320.02) 79,00 65,404.02 Professional Services 7000 - Audit & Tax Services 766.00 (766.00) 3,833.00 (3,833.00) 9,20 9,20 7005 - Consulting Services 2,00 125.00 1,875.00 2,00 625.00 1,375.00 1,50 (50) 7010 - Engineering Services 834.00 (834.00) 4,167.00 (4,167.00) 10,00 10,00 7025 - Legal Services - Collections 416.00 (416.00) 429.73 2,083.00 (1,653.27) 5,00 4,570.27 7030 - Legal Services - General Counsel 667.30 625.00 42.30 4,971.16 3,125.00 1,846.16 7,50 2,528.84 7035 - Legal Services - Deed Restrictions 22.00 625.00 (603.00) 1,258.50 3,125.00 (1,866.50) 7,50 6,241.50 7040 - Management Fees 8,009.08 7,68 329.08 39,354.51 38,40 954.51 92,16 52,805.49 7095 - Other Professional Services 110.88 84.00 26.88 110.88 417.00 (306.12) 1,00 889.12 Total Professional Services 10,809.26 11,155.00 (345.74) 48,124.78 55,775.00 (7,650.22) 133,86 85,735.22 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 21.00 (21.00) 5 5 Total Taxes 4.00 (4.00) 21.00 (21.00) 5 5 Total Operating Expense 56,433.14 55,37 1,063.14 236,693.18 276,853.00 (40,159.82) 680,046.65 443,353.47 Total Operating Income / (Loss) (5,389.55) (4,799.00) (590.55) 17,360.73 (23,998.00) 41,358.73 (73,196.65) (90,557.38) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 3 of 4
Income Statement Report Reserves May 01, 2018 thru May 31, 2018 Current Period Variance Year to Date (5 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 189.14 63.00 126.14 881.30 313.00 568.30 75 (131.30) Total Income 189.14 63.00 126.14 108,881.30 108,313.00 568.30 108,75 (131.30) Total Reserves Income 189.14 63.00 126.14 108,881.30 108,313.00 568.30 108,75 (131.30) Expense Reserve Expenses 9800 - Drainage Reserves 7,887.12 7,887.12 (7,887.12) 9828 - Concrete Expenses 6,266.00 6,266.00 (6,266.00) 9908 - Misc Expenses 1,975.00 1,975.00 1,975.00 1,975.00 (1,975.00) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 39,118.55 39,118.55 40,618.55 40,618.55 (40,618.55) Total Reserve Expenses 41,093.55 41,093.55 67,971.67 67,971.67 (67,971.67) Total Reserves Expense 41,093.55 41,093.55 67,971.67 67,971.67 (67,971.67) Total Reserves Income / (Loss) (40,904.41) 63.00 (40,967.41) 40,909.63 108,313.00 (67,403.37) 108,75 67,840.37 Total Association Net Income / (Loss) (46,293.96) (4,736.00) (41,557.96) 58,270.36 84,315.00 (26,044.64) 35,553.35 (22,717.01) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 07:36 am Page 4 of 4
Balance Sheet Report As of June 30, 2018 Balance Jun 30, 2018 Balance May 31, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 132,246.69 63,392.02 68,854.67 1100 - Pacific Premier Bank MM - 5044 114,739.60 114,705.16 34.44 1101 - Pacific Premier Bank MM ICS #044 379,551.93 529,475.60 (149,923.67) 1650 - Due to/from Reserves 55,670.75 55,670.75 Total Operating Funds 682,208.97 763,243.53 (81,034.56) Reserve Funds 1300 - PPB Res CK #4618 62,183.92 63,703.92 (1,52) 1325 - Pacific Premier MM Reserve - 5333 106,112.72 137,803.86 (31,691.14) 1326 - Pacific Premier MM Reserve ICS #333 872,832.20 872,688.79 143.41 1651 - Due to/from Operating (55,670.75) (55,670.75) Total Reserve Funds 985,458.09 1,018,525.82 (33,067.73) Accounts Receivable 1500 - Residential Assessments Receivable 32,691.96 40,205.37 (7,513.41) Total Accounts Receivable 32,691.96 40,205.37 (7,513.41) Other Current Assets 1600 - Prepaid Insurance 6,683.88 8,635.84 (1,951.96) Total Other Current Assets 6,683.88 8,635.84 (1,951.96) Total Assets 1,707,042.90 1,830,610.56 (123,567.66) Liabilities Liabilities 2036 - PMG Collections 3,004.59 3,424.59 (42) 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) 2395 - Other Accrued Expenses 75 (75) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 1 of 2
Balance Sheet Report As of June 30, 2018 Balance Jun 30, 2018 Balance May 31, 2018 Change Liabilities Liabilities 2400 - Accrued Payroll Payable (109.33) (109.33) 2525 - Architectural Review Fees Deposit 31,14 30,995.00 145.00 2550 - Prepaid Assessments 4,855.44 4,570.44 285.00 2595 - Deferred Revenue 294,75 343,875.00 (49,125.00) Total Liabilities 333,570.70 383,435.70 (49,865.00) Total Liabilities 333,570.70 383,435.70 (49,865.00) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 11,898.00 11,898.00 Total Owners Equity - Prior Years 411,288.31 411,288.31 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,388,904.50 1,388,904.50 Net Income / (Loss) (15,432.30) 58,270.36 (73,702.66) Total Liabilities and Equity 1,707,042.90 1,830,610.56 (123,567.66) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 2 of 2
Income Statement Report Operating June 01, 2018 thru June 30, 2018 Current Period Variance Year to Date (6 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,125.00 49,125.00 295,66 294,75 91 589,50 293,84 4205 - Application Fees (33) 29.00 (359.00) 7 175.00 (105.00) 35 28 4220 - Gate & Access Fees 60 42.00 558.00 2,50 25 2,25 50 (2,00) 4710 - Late Fees & Interest 598.65 833.00 (234.35) 2,575.04 5,00 (2,424.96) 10,00 7,424.96 4720 - Legal Reimbursements 176.44 417.00 (240.56) 1,801.67 2,50 (698.33) 5,00 3,198.33 4805 - Compliance Fees (71) 62.00 (772.00) 365.00 375.00 (1) 75 385.00 4835 - Miscellaneous Income 0.70 0.70 (0.70) 4900 - Interest Earned - Operating Accounts 110.77 62.00 48.77 652.36 375.00 277.36 75 97.64 Total Income 49,570.86 50,57 (999.14) 303,624.77 303,425.00 199.77 606,85 303,225.23 Total Operating Income 49,570.86 50,57 (999.14) 303,624.77 303,425.00 199.77 606,85 303,225.23 Expense Administrative 5000 - General Administrative 9.60 42.00 (32.40) 690.60 25 440.60 50 (190.60) 5005 - Application/Processing 55.00 42.00 13.00 235.00 25 (15.00) 50 265.00 5010 - Bad Debt 25 (25) 1,841.53 1,50 341.53 3,00 1,158.47 5015 - Bank Charges 7.00 (7.00) 38.00 (38.00) 75.00 75.00 5025 - Billing/Collections 833.00 (833.00) 5,00 (5,00) 10,00 10,00 5035 - Decorations 2,696.12 2,696.12 5,00 2,303.88 5045 - Dues & Subscriptions 60 60 5075 - Meeting Expense 20 (20) 878.15 1,20 (321.85) 2,40 1,521.85 5090 - Office Supplies 19.90 83.00 (63.10) 366.25 50 (133.75) 1,00 633.75 5100 - Records Storage 239.40 233.00 6.40 1,207.00 1,40 (193.00) 2,80 1,593.00 5115 - Web Site Maintenance 12.00 (12.00) 203.40 75.00 128.40 15 (53.40) 5195 - Other Administrative Services 2,276.10 2,276.10 (2,276.10) 5200 - Community Events 1,25 (1,25) 4,645.88 7,50 (2,854.12) 15,00 10,354.12 5210 - Printing & Copying 473.10 417.00 56.10 2,683.48 2,50 183.48 5,00 2,316.52 Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 1 of 4
Income Statement Report Operating June 01, 2018 thru June 30, 2018 Current Period Variance Year to Date (6 months) Variance Annual Remaining Expense Administrative 5215 - Postage 133.93 375.00 (241.07) 1,698.81 2,25 (551.19) 4,50 2,801.19 Total Administrative 930.93 3,744.00 (2,813.07) 19,422.32 22,463.00 (3,040.68) 50,525.00 31,102.68 Insurance 5400 - Insurance Premiums 1,951.96 1,893.00 58.96 11,711.76 11,356.00 355.76 22,712.00 11,000.24 Total Insurance 1,951.96 1,893.00 58.96 11,711.76 11,356.00 355.76 22,712.00 11,000.24 Utilities 6000 - Electric Service 1,565.47 1,50 65.47 9,887.26 9,00 887.26 18,00 8,112.74 6025 - Water Service 1,575.54 1,25 325.54 3,763.13 7,50 (3,736.87) 15,00 11,236.87 Total Utilities 3,141.01 2,75 391.01 13,650.39 16,50 (2,849.61) 33,00 19,349.61 Landscaping 6100 - Grounds & Landscaping - Contract 19,574.97 19,575.00 (0.03) 117,449.82 117,45 (0.18) 234,899.65 117,449.83 6140 - Force Mow 165.00 42.00 123.00 415.00 25 165.00 50 85.00 6199 - Landscape Other 3,333.00 (3,333.00) 9,072.00 20,00 (10,928.00) 40,00 30,928.00 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 2,25 (2,25) 4,50 4,50 Total Landscaping 19,739.97 23,325.00 (3,585.03) 126,936.82 139,95 (13,013.18) 279,899.65 152,962.83 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 95 1,333.00 (383.00) 5,70 8,00 (2,30) 16,00 10,30 6440 - Safety & Security 3,90 4,583.00 (683.00) 23,95 27,50 (3,55) 55,00 31,05 6444 - Water Treatment/Lake & Fish Service 9.00 9.00 549.00 549.00 (549.00) Total Contracted Services 4,859.00 5,916.00 (1,057.00) 30,199.00 35,50 (5,301.00) 71,00 40,801.00 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 417.00 (417.00) 2,50 (2,50) 5,00 5,00 6530 - Common Areas Repair & Maintenance 31,125.00 1,25 29,875.00 43,675.85 7,50 36,175.85 15,00 (28,675.85) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 2 of 4
Income Statement Report Operating June 01, 2018 thru June 30, 2018 Current Period Variance Year to Date (6 months) Variance Annual Remaining Expense Repair & Maintenance 6545 - Electrical Supplies/Repair & Maintena 42.00 (42.00) 274.72 25 24.72 50 225.28 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 75 (75) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 42.00 (42.00) 393.35 25 143.35 50 106.65 6670 - Drainage Repair & Maintenance 17,922.66 3,333.00 14,589.66 17,922.66 20,00 (2,077.34) 40,00 22,077.34 6685 - Playground Maintenance/Repairs 1,25 (1,25) 35 7,50 (7,15) 15,00 14,65 6745 - Signage Repair & Maintenance 42.00 (42.00) 27.06 25 (222.94) 50 472.94 6770 - Vandalism Repair & Maintenance 83.00 (83.00) 50 (50) 1,00 1,00 Total Repair & Maintenance 49,047.66 6,584.00 42,463.66 62,643.64 39,50 23,143.64 79,00 16,356.36 Professional Services 7000 - Audit & Tax Services 767.00 (767.00) 4,60 (4,60) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 2,00 75 1,25 1,50 (50) 7010 - Engineering Services 833.00 (833.00) 5,00 (5,00) 10,00 10,00 7025 - Legal Services - Collections 154.44 417.00 (262.56) 584.17 2,50 (1,915.83) 5,00 4,415.83 7030 - Legal Services - General Counsel 2,610.96 625.00 1,985.96 7,582.12 3,75 3,832.12 7,50 (82.12) 7035 - Legal Services - Deed Restrictions 22.00 625.00 (603.00) 1,280.50 3,75 (2,469.50) 7,50 6,219.50 7040 - Management Fees 7,747.86 7,68 67.86 47,102.37 46,08 1,022.37 92,16 45,057.63 7095 - Other Professional Services 83.00 (83.00) 110.88 50 (389.12) 1,00 889.12 Total Professional Services 10,535.26 11,155.00 (619.74) 58,660.04 66,93 (8,269.96) 133,86 75,199.96 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 25.00 (25.00) 5 5 Total Taxes 4.00 (4.00) 25.00 (25.00) 5 5 Total Operating Expense 90,205.79 55,371.00 34,834.79 326,898.97 332,224.00 (5,325.03) 680,046.65 353,147.68 Total Operating Income / (Loss) (40,634.93) (4,801.00) (35,833.93) (23,274.20) (28,799.00) 5,524.80 (73,196.65) (49,922.45) Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 3 of 4
Income Statement Report Reserves June 01, 2018 thru June 30, 2018 Current Period Variance Year to Date (6 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 177.27 62.00 115.27 1,058.57 375.00 683.57 75 (308.57) Total Income 177.27 62.00 115.27 109,058.57 108,375.00 683.57 108,75 (308.57) Total Reserves Income 177.27 62.00 115.27 109,058.57 108,375.00 683.57 108,75 (308.57) Expense Reserve Expenses 9800 - Drainage Reserves 1,52 1,52 9,407.12 9,407.12 (9,407.12) 9828 - Concrete Expenses 6,266.00 6,266.00 (6,266.00) 9852 - Fences, Gates & Walls Expenses 31,725.00 31,725.00 31,725.00 31,725.00 (31,725.00) 9908 - Misc Expenses 1,975.00 1,975.00 (1,975.00) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 40,618.55 40,618.55 (40,618.55) Total Reserve Expenses 33,245.00 33,245.00 101,216.67 101,216.67 (101,216.67) Total Reserves Expense 33,245.00 33,245.00 101,216.67 101,216.67 (101,216.67) Total Reserves Income / (Loss) (33,067.73) 62.00 (33,129.73) 7,841.90 108,375.00 (100,533.10) 108,75 100,908.10 Total Association Net Income / (Loss) (73,702.66) (4,739.00) (68,963.66) (15,432.30) 79,576.00 (95,008.30) 35,553.35 50,985.65 Printed by Yue Jiang-AssociaHDQ on Wed Jul 25, 2018 08:05 am Page 4 of 4
Balance Sheet Report As of July 31, 2018 Balance Jul 31, 2018 Balance Jun 30, 2018 Change Assets Operating Funds 1000 - Pacific Premier Bank CK - 4469 77,042.76 132,246.69 (55,203.93) 1100 - Pacific Premier Bank MM - 5044 114,773.71 114,739.60 34.11 1101 - Pacific Premier Bank MM ICS #044 379,551.93 379,551.93 1650 - Due to/from Reserves 55,670.75 55,670.75 Total Operating Funds 627,039.15 682,208.97 (55,169.82) Reserve Funds 1300 - PPB Res CK #4618 54,983.92 62,183.92 (7,20) 1325 - Pacific Premier MM Reserve - 5333 106,144.26 106,112.72 31.54 1326 - Pacific Premier MM Reserve ICS #333 872,832.20 872,832.20 1651 - Due to/from Operating (55,670.75) (55,670.75) Total Reserve Funds 978,289.63 985,458.09 (7,168.46) Accounts Receivable 1500 - Residential Assessments Receivable 26,188.38 32,691.96 (6,503.58) Total Accounts Receivable 26,188.38 32,691.96 (6,503.58) Other Current Assets 1600 - Prepaid Insurance 24,219.83 6,683.88 17,535.95 Total Other Current Assets 24,219.83 6,683.88 17,535.95 Total Assets 1,655,736.99 1,707,042.90 (51,305.91) Liabilities Liabilities 2015 - Returned Check Fee Payable (3) (3) 2036 - PMG Collections 2,064.59 3,004.59 (94) 2037 - Payment Plan Fees (4) (4) 2041 - Payment Plan Payable-Prior Mgmt (3) (3) Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 1 of 2
Balance Sheet Report As of July 31, 2018 Balance Jul 31, 2018 Balance Jun 30, 2018 Change Liabilities Liabilities 2400 - Accrued Payroll Payable (109.33) 109.33 2525 - Architectural Review Fees Deposit 29,34 31,14 (1,80) 2550 - Prepaid Assessments 4,083.50 4,855.44 (771.94) 2595 - Deferred Revenue 245,625.00 294,75 (49,125.00) Total Liabilities 281,013.09 333,570.70 (52,557.61) Total Liabilities 281,013.09 333,570.70 (52,557.61) Owners' Equity Owners Equity - Prior Years 3000 - Operating Fund - Prior year 399,390.31 399,390.31 3005 - Equity Adjustments - Prior Periods 11,898.00 11,898.00 Total Owners Equity - Prior Years 411,288.31 411,288.31 Capital Reserves - Prior Years 3102 - Repair & Replacement Reserve - Prior Yrs 977,616.19 977,616.19 Total Capital Reserves - Prior Years 977,616.19 977,616.19 Total Owners' Equity 1,388,904.50 1,388,904.50 Net Income / (Loss) (14,180.60) (15,432.30) 1,251.70 Total Liabilities and Equity 1,655,736.99 1,707,042.90 (51,305.91) Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 2 of 2
Income Statement Report Operating July 01, 2018 thru July 31, 2018 Current Period Variance Year to Date (7 months) Variance Annual Remaining Income Income 4000 - Residential Assessments 49,125.00 49,125.00 344,785.00 343,875.00 91 589,50 244,715.00 4205 - Application Fees 29.00 (29.00) 7 204.00 (134.00) 35 28 4220 - Gate & Access Fees 40 42.00 358.00 2,90 292.00 2,608.00 50 (2,40) 4710 - Late Fees & Interest 48.52 833.00 (784.48) 2,623.56 5,833.00 (3,209.44) 10,00 7,376.44 4720 - Legal Reimbursements 135.23 417.00 (281.77) 1,936.90 2,917.00 (980.10) 5,00 3,063.10 4805 - Compliance Fees 63.00 (63.00) 365.00 438.00 (73.00) 75 385.00 4835 - Miscellaneous Income 0.70 0.70 (0.70) 4900 - Interest Earned - Operating Accounts 34.11 63.00 (28.89) 686.47 438.00 248.47 75 63.53 Total Income 49,742.86 50,572.00 (829.14) 353,367.63 353,997.00 (629.37) 606,85 253,482.37 Total Operating Income 49,742.86 50,572.00 (829.14) 353,367.63 353,997.00 (629.37) 606,85 253,482.37 Expense Administrative 5000 - General Administrative 10.80 42.00 (31.20) 701.40 292.00 409.40 50 (201.40) 5005 - Application/Processing 6 42.00 18.00 295.00 292.00 3.00 50 205.00 5010 - Bad Debt 266.16 25 16.16 2,107.69 1,75 357.69 3,00 892.31 5015 - Bank Charges 6.00 (6.00) 44.00 (44.00) 75.00 75.00 5025 - Billing/Collections 562.88 833.00 (270.12) 562.88 5,833.00 (5,270.12) 10,00 9,437.12 5035 - Decorations 2,696.12 2,696.12 5,00 2,303.88 5045 - Dues & Subscriptions 31 60 (29) 31 60 (29) 60 29 5075 - Meeting Expense 13 20 (7) 1,008.15 1,40 (391.85) 2,40 1,391.85 5090 - Office Supplies 11.70 83.00 (71.30) 377.95 583.00 (205.05) 1,00 622.05 5100 - Records Storage 239.40 233.00 6.40 1,446.40 1,633.00 (186.60) 2,80 1,353.60 5115 - Web Site Maintenance 13.00 (13.00) 203.40 88.00 115.40 15 (53.40) 5195 - Other Administrative Services 2,276.10 2,276.10 (2,276.10) 5200 - Community Events 1,25 (1,25) 4,645.88 8,75 (4,104.12) 15,00 10,354.12 5210 - Printing & Copying 247.80 417.00 (169.20) 2,931.28 2,917.00 14.28 5,00 2,068.72 Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 1 of 4
Income Statement Report Operating July 01, 2018 thru July 31, 2018 Current Period Variance Year to Date (7 months) Variance Annual Remaining Expense Administrative 5215 - Postage 62.76 375.00 (312.24) 1,761.57 2,625.00 (863.43) 4,50 2,738.43 Total Administrative 1,901.50 4,344.00 (2,442.50) 21,323.82 26,807.00 (5,483.18) 50,525.00 29,201.18 Insurance 5400 - Insurance Premiums 1,952.05 1,893.00 59.05 13,663.81 13,249.00 414.81 22,712.00 9,048.19 Total Insurance 1,952.05 1,893.00 59.05 13,663.81 13,249.00 414.81 22,712.00 9,048.19 Utilities 6000 - Electric Service 1,558.87 1,50 58.87 11,446.13 10,50 946.13 18,00 6,553.87 6025 - Water Service 2,095.22 1,25 845.22 5,858.35 8,75 (2,891.65) 15,00 9,141.65 Total Utilities 3,654.09 2,75 904.09 17,304.48 19,25 (1,945.52) 33,00 15,695.52 Landscaping 6100 - Grounds & Landscaping - Contract 19,574.97 19,575.00 (0.03) 137,024.79 137,025.00 (0.21) 234,899.65 97,874.86 6140 - Force Mow 42.00 (42.00) 415.00 292.00 123.00 50 85.00 6199 - Landscape Other 3,333.00 (3,333.00) 9,072.00 23,333.00 (14,261.00) 40,00 30,928.00 6200 - Irrigation Repair & Maintenance 375.00 (375.00) 2,625.00 (2,625.00) 4,50 4,50 Total Landscaping 19,574.97 23,325.00 (3,750.03) 146,511.79 163,275.00 (16,763.21) 279,899.65 133,387.86 Operations 6300 - Permits & Licenses 3,675.00 3,675.00 10,00 6,325.00 Total Operations 3,675.00 3,675.00 10,00 6,325.00 Contracted Services 6418 - Fountains/Ponds/Lakes Services 95 1,333.00 (383.00) 6,65 9,333.00 (2,683.00) 16,00 9,35 6440 - Safety & Security 4,75 4,583.00 167.00 28,70 32,083.00 (3,383.00) 55,00 26,30 6444 - Water Treatment/Lake & Fish Service 549.00 549.00 (549.00) Total Contracted Services 5,70 5,916.00 (216.00) 35,899.00 41,416.00 (5,517.00) 71,00 35,101.00 Repair & Maintenance 6505 - Boat Dock Repair & Maintenance 417.00 (417.00) 2,917.00 (2,917.00) 5,00 5,00 6530 - Common Areas Repair & Maintenance 32 1,25 (93) 43,995.85 8,75 35,245.85 15,00 (28,995.85) Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 2 of 4
Income Statement Report Operating July 01, 2018 thru July 31, 2018 Current Period Variance Year to Date (7 months) Variance Annual Remaining Expense Repair & Maintenance 6545 - Electrical Supplies/Repair & Maintena 42.00 (42.00) 274.72 292.00 (17.28) 50 225.28 6585 - Fountain/Pond/Lake/Dam Rprs & Main 125.00 (125.00) 875.00 (875.00) 1,50 1,50 6645 - Locks & Keys Repair & Maintenance 99.05 42.00 57.05 492.40 292.00 200.40 50 7.60 6670 - Drainage Repair & Maintenance 3,333.00 (3,333.00) 17,922.66 23,333.00 (5,410.34) 40,00 22,077.34 6685 - Playground Maintenance/Repairs 1,25 (1,25) 35 8,75 (8,40) 15,00 14,65 6745 - Signage Repair & Maintenance 42.00 (42.00) 27.06 292.00 (264.94) 50 472.94 6770 - Vandalism Repair & Maintenance 83.00 (83.00) 583.00 (583.00) 1,00 1,00 Total Repair & Maintenance 419.05 6,584.00 (6,164.95) 63,062.69 46,084.00 16,978.69 79,00 15,937.31 Professional Services 7000 - Audit & Tax Services 767.00 (767.00) 5,367.00 (5,367.00) 9,20 9,20 7005 - Consulting Services 125.00 (125.00) 2,00 875.00 1,125.00 1,50 (50) 7010 - Engineering Services 833.00 (833.00) 5,833.00 (5,833.00) 10,00 10,00 7025 - Legal Services - Collections 84.00 417.00 (333.00) 668.17 2,917.00 (2,248.83) 5,00 4,331.83 7030 - Legal Services - General Counsel 59.73 625.00 (565.27) 7,641.85 4,375.00 3,266.85 7,50 (141.85) 7035 - Legal Services - Deed Restrictions 625.00 (625.00) 1,280.50 4,375.00 (3,094.50) 7,50 6,219.50 7040 - Management Fees 7,857.19 7,68 177.19 54,959.56 53,76 1,199.56 92,16 37,200.44 7095 - Other Professional Services 120.12 83.00 37.12 231.00 583.00 (352.00) 1,00 769.00 Total Professional Services 8,121.04 11,155.00 (3,033.96) 66,781.08 78,085.00 (11,303.92) 133,86 67,078.92 Taxes 9015 - Property/Real Estate Tax 4.00 (4.00) 29.00 (29.00) 5 5 Total Taxes 4.00 (4.00) 29.00 (29.00) 5 5 Total Operating Expense 41,322.70 55,971.00 (14,648.30) 368,221.67 388,195.00 (19,973.33) 680,046.65 311,824.98 Total Operating Income / (Loss) 8,420.16 (5,399.00) 13,819.16 (14,854.04) (34,198.00) 19,343.96 (73,196.65) (58,342.61) Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 3 of 4
Income Statement Report Reserves July 01, 2018 thru July 31, 2018 Current Period Variance Year to Date (7 months) Variance Annual Remaining Income Income 4905 - Reserve Contribution Income 108,00 108,00 108,00 4910 - Interest Earned - Reserve Accounts 31.54 63.00 (31.46) 1,090.11 438.00 652.11 75 (340.11) Total Income 31.54 63.00 (31.46) 109,090.11 108,438.00 652.11 108,75 (340.11) Total Reserves Income 31.54 63.00 (31.46) 109,090.11 108,438.00 652.11 108,75 (340.11) Expense Reserve Expenses 9800 - Drainage Reserves 20 20 9,607.12 9,607.12 (9,607.12) 9828 - Concrete Expenses 7,00 7,00 13,266.00 13,266.00 (13,266.00) 9852 - Fences, Gates & Walls Expenses 31,725.00 31,725.00 (31,725.00) 9908 - Misc Expenses 1,975.00 1,975.00 (1,975.00) 9910 - Playground Reserves 11,225.00 11,225.00 (11,225.00) 9922 - Ponds & Lakes Expenses 40,618.55 40,618.55 (40,618.55) Total Reserve Expenses 7,20 7,20 108,416.67 108,416.67 (108,416.67) Total Reserves Expense 7,20 7,20 108,416.67 108,416.67 (108,416.67) Total Reserves Income / (Loss) (7,168.46) 63.00 (7,231.46) 673.44 108,438.00 (107,764.56) 108,75 108,076.56 Total Association Net Income / (Loss) 1,251.70 (5,336.00) 6,587.70 (14,180.60) 74,24 (88,420.60) 35,553.35 49,733.95 Printed by Janet Hampton on Thu Aug 23, 2018 04:17 pm Page 4 of 4
Ratify Project Approvals 1808G-001 July 6-7, 2018 Commercial General Liability Policy The Board approved payment to renew the Commercial General Liability Policy for $19,488.00 with Wortham Insurance and Risk Management. Darin Reeser [6:56 PM] Approved Michelle Replogle [9:54 PM] Approved David Traicoff [10:28 PM] Approved Bryan Kurtz [8:41 AM] Approved John Pozadzides [12:32 PM] Approved July 23, 2018 Removal of two dead trees at boat launch by Arbor Care for $650 Janet Hampton [11:22 AM] Approved July 27, 2018 2017 Review Engagement Letter Bryan Kurtz, Treasurer 1:40 p.m. Approved and signed Engagement Letter - Retainer $1,500, $155 per hour, approximate cost $4,500. July 27, 2018 2018-OM005 Mystic Cove Ditch (1b) Clean Out Schuler Services, $17,500 John Pozadzides [12:48 PM] Approved David Traicoff [12:54 PM] Approved Darin Reeser [1:33 PM] Approved Bryan Kurtz [1:39 PM] Approved Michelle Replogle [3:36 PM] Approved July 30-31, 2018 Edgewater Park Safety Bid Schuler Services $6,65 Michelle Replogle [9:57 PM] Approved David Traicoff [10:02 PM] Approved Darin Reeser [6:35 AM] Approved John Pozadzides [8:30 AM] Approved
1808G-002 LAKE WINDCREST SECURITY REPORT June 2018 Traffic 69 Vacation Watches/ Building Check 23 Park Checks/ Citizen Contacts 27 Suspicious Vehicle 1 Unauthorized Vehicles 1 Welfare Check/Help Assist 14 Evading Arrest, Warrant Arrest 1
LAKE WINDCREST SECURITY REPORT July 2018 Traffic66 Vacation Watches/ Building Check 24 Park Checks/ Citizen Contacts 26 Suspicious Vehicle 1 Unauthorized Vehicles 1 Welfare Check/ Help Assist 2 Animal Call 1 Motor Vehicle Crash 1
AGENDA ITEM Board of Directors Standing Committee Report 1808G-003 Committee: Community Services Committee Date: August 28, 2018 Submitted by: Isabel Ross, Chairperson 2018 Activities or in the Planning: Please join us for the Kids for Cops event September 9, 2018 from 2:00 p.m. - 4:00 p.m. 2018 Fall Garage Sale October 5-6, 2018 from 8:00 a.m. 5:00 p.m. Newsletter: Please be sure to sign up for the Lake Windcrest Newsletter. To register go to: http://www.lakewindcrestpoa.com/sign-up-for-newsletter/. Any property owner is welcome to submit an article for the newsletter by the 25 th of each month. If interested, please submit your info here: http://www.lakewindcrestpoa.com/newsletter/submit-an-article/. We are always looking for articles on helpful hints & tutorials, travel, community news, events, or personal interests. Welcome Committee: Plans are currently under way on reviving the Welcome Committee for our community. If interested in helping support this committee in any way, please send an email to isabel@lakewindcrestpoa.com or j.hampton@pmghouston.com Join in the FUN of helping to plan an event or join a committee!
Kids for Cops promotes positive relationships between youth and law enforcement through education and activities throughout the communities in Montgomery County, TX. The goal is for youth to grow up to be productive individuals in the community and to continue to create these positive relationships between their communities and law enforcement. Kids for Cops Back to School Event Lake Windcrest Community Event Date: Sunday, September 9th, 2018 Time: 2 pm - 4pm Location: Edgewater Park Youth will interact with local law enforcement, check out police vehicles, write thank you notes, learn about stranger danger and submit poems for the upcoming law enforcement appreciation banquet. Please be on the look out for more information to be posted on Next Door as the event approaches. Americans Stand United, are volunteer citizens of our communities that build trust, show appreciation, and support towards our Law Enforcement Officers that protect and serve the citizens and our communities every day. Americans Stand United is a 501(c)(3) Non-profit Organization that was formed in Magnolia, TX in July 2016. https://www.americansstandunited.net/abouttheprogram/ Jennifer Crawford, M.Ed. Community Liaison
Board of Directors Committee Report Committee: Drainage, Lakes & Dams Committee - 1808G-004 Date: August 28, 2018 Accomplishments: - Bleyl Engineering and their surveying crew have completed most of their work to update the Drainage Study, including physical walk thru of the LW internal ditches (including golf course) - Mystic Cove ditch cleanout has been completed - Motions submitted to Board for August meeting: o Lower Serenity Spillway Toe Wall Installation (rebid): o Upper Serenity Spillway void repairs - Committee walk Clubhouse Cimarron corridor, providing stakes for vendor to submit bid for clearing - Committee review of Cimarron detention pond / weir dam; contacted property owner and cleared area just east of the weir dam, decreasing detention pond level by ~18 inches. - Lake Windcrest Curb Wall Repair final details completed - Priorities: - Lower Serenity Spillway Toe Wall Installation (pending Board approval) - Upper Serenity Spillway void repairs (pending Board approval) - Completion of Drainage Study Update, including internal ditch capacity data (Bleyl) - Clubhouse Cimarron corridor (County meeting) - Analysis of Mystic Cove ditch post-cleanout - Regular (Annual) Inspections of Dams by Bleyl Engineering and Committee target Sept., 2018 - Solicit bids for Azure Lake Dam shoreline erosion protection (riprap, Flexamax, Con-lok) - Bids for Bathymetric survey of lakes (Reserve Fund priority the degree and type of work to be determined when bids received) - Reserve Study participation
AGENDA ITEM Board of Directors Standing Committee Report Committee: Grounds and Amenities Committee 1808G-005 Date: August 28, 2018 Submitted by: Darin Reeser, Board Liaison FM 1488 Fence Project Wow! The fence looks great. There was a great deal of preparation involved in this project and we are almost to the end. There is still some clean up to do but much of the work has been completed. Improvements at the Big Park Please stop by and visit the Edgewater Park (the big park). Fresh mulch has been added to the playground and minor equipment repairs have been completed. Boat Launch Yearly registration is required to access the boat launch. A couple of dead trees have been removed. Take a Walk on the Trails The canopy on the trails has been trimmed. Take the time to walk on the trails and visit the bird watching area. Entrances The entrances continue to look pristine and have never looked better. Join the Grounds and Amenities Committee - Various meetings are held from time to time with board members, community manager, contractors, etc. to discuss various projects in Lake Windcrest. Be part of the accomplishments of your community as your ideas are important. Melany Meadows Park The Committee has begun the planning for improvements to the park. Mowing and Maintenance Contracted mowing and maintenance for Lake Windcrest is a total of 6,679,529 square footage or a total of 153.34 acres. Please see breakdown below: West Entry A&B 46,979 SF Center Entrance 74,570 SF Golf Entrance 50,213 SF Edgewater Park 214,441 SF Melany Meadows Park 17,201 SF Boat Ramp 47,905 SF Reserve 5: H & I 279,936 SF FM 1488 308,154 SF Community Roads 4,118,400 SF Reserve J 44,075 SF Reserve K 115,782 SF Dam Lake Windcrest Spillway 352,028 SF Dam Upper Serenity 41,781 SF Dam Lower Serenity 236,437 SF Dam Azure Lake 62,930 SF Nature Trail 147,840 SF Pipeline 509,067 SF Ditch Drainage 11,790 SF
Agenda Item: 1808G-006 Title: Board Member Resignation Date: August 28, 2018 Motion to Board: Motion to accept Bryan Kurtz resignation. Submitted: John Pozadzides Moved by: Second by: Action: Date:
Agenda Item: 1808G-007 Title: Appointment to fill Board Vacancy Date: August 28, 2018 Purpose: To appoint one new member to the Board of Directors to fill unexpired term. Motion to Board: Motion to appoint Michele Goldman to fill one open position on the Board of Directors to complete unexpired term ending April 2019. Submitted: John Pozadzides Moved by: Second by: Action: Date: