TRAILMARK HOMEOWNERS ASSOCIATION, INC. STATUS OF ACCOUNTS MONTH OF Aug-13 BEGINNING DEPOSITS MONTHLY DISBURSEMENTS ENDING OPERA TING ACCOUNTS BALANCE INTEREST BALANCE Checking - Union Bank $248,477.54 $11.174.61 ($30,563.90) $229,088.25 Escrow - Union Bank $ $ $ $ 2 TOTAL OPERA TING $248,477.54 $11.174.61 $ ($30,563.90) $229,088.25 3 RESTRICTED RESERVE ACCTS Reserve - First Bank #0162 $236,706.58 $ $38.91 $ $236,745.49 4 Reserve - Wells Fargo $235,362.11 $ $19.99 $235,382.10 5 TOTAL RESERVES $472,068.69 $ $ $ $472.127.59 TOTALS $720,546.23 $11,174.61 $ ($30,563.90) $701,215.84 NOTES:
Sheet Report As of August 31, 2013 Aug 31, 2013 Jul 31, 2013 Change Assets Cash & Investments 1060 - Checking - Union Bank 229,088.25 248,477.54 (19,389.29) Total Cash & Investments 229,088.25 248,477.54 (19,389.29) Accounts Receivable 1400 - Accts. Rec. - Assessments 1415 - Accts. Rec. - Late Charges 1416 - Accts. Rec. - Processing Fee 1419 - Accts. Rec. - Atty Transition Fee 1420 - Accts. Rec. - Violation 1430 - Accts. Rec. - Returned Checks 1455 - Accts. Rec. - Legal 1456 - Accts. Rec. - Covenant Enforcement 1475 -Accts. Rec - Late Interest 5,059.55 1,981.23 1,066.63 75.00 2,745.33 2 5,936.62 46.00 1,814.63 9,378.33 3,150.77 1,476.63 225.00 2,784.22 2 7,162.52 46.00 1,910.61 (4,318.78) (1,169.54) (41) (15) (38.89) (1,225.90) (95.98) Total Accounts Receivable 18,744.99 26,154.08 (7,409.09) Current Assets 1710 - Prepaid Taxes 1780 - Deposits 931.00 5 931.00 5 Total Current Assets 981.00 981.00 Total Assets 248,814.24 275,612.62 (26,798.38) Liabilities Current Liabilities 2000 - Accounts Payable 2200 - Prepaid Assessments 2,922.46 19,331.07 2,864.36 17,628.60 58.10 1,702.47 Printed by Jennifer Lowther on Tue Sep 03, 2013 02:39 pm Page 1 of 3
Liabilities Current Liabilities Sheet Report As of August 31, 2013 Aug 31, 2013 Ju131,2013 Change 2701 - Processing Suspense 66 61 5 Total Current Liabilities 22,913.53 21,102.96 1,810.57 Total Liabilities 22,913.53 21,102.96 1,810.57 3000 - Working Capital Fund 35,358.00 35,166.00 192.00 3200 - Retained Earnings - 139,167.95 139,167.95 Total 174,525.95 174,333.95 192.00 Total 174,525.95 174,333.95 192.00 Income I (Loss) 51,374.76 80,175.71 (28,800.95) Total Liabilities and Owner Equity 248,814.24 275,612.62 (26,798.38) Printed by Jennifer Lowther on Tue Sep 03, 2013 02:39 pm Page 2 of 3
Income Statement Report August 01, 2013 thru August 31, 2013 Current Period Year to Date (8 months) Annual Budget Actual Budget Variance Actual Budget Variance Budget Remaining Income Income 4000 - Assessments 230,40 230,40 307,20 76,80 4040 - Late Charges 55.96 55.96 4,817.85 4,817.85 (4,817.85) 4050 - Violations 40 40 (25.00) (25.00) 25.00 4310 - Legal Collections-Billed to Owner 775.70 84.00 691.70 7,868.43 667.00 7,201.43 1,00 (6,868.43) 4315 - Newsletter 35 84.00 266.00 875.00 667.00 208.00 1,00 125.00 4750 - Shared Cost Agreement 8,494.43 8,494.43 (8,494.43) 4860 - Easement Agreement 1,60 1,60 (1,60) Total Income 1,581.66 168.00 1,413.66 254,030.71 231,734.00 22,296.71 309,20 55,169.29 Total Income 1,581.66 168.00 1,413.66 254,030.71 231,734.00 22,296.71 309,20 55,169.29 Expense Administration 5000 - Master Insurance 725.88 725.88 1,771.00 1,045.12 5035 - Management Fee 2,75 2,75 22,00 22,00 33,00 11,00 5105 - Audit 30 30 30 5140 - Legal Collections 775.70 84.00 691.70 7,868.43 667.00 7,201.43 1,00 (6,868.43) 5142 - Legal - General 209.00 (209.00) 1,336.50 1,667.00 (330.50) 2,50 1,163.50 5176 - Reserve Study 75 (75) 75 75 5385 - Taxes and Licenses 175.00 175.00 175.00 5490 - Bad Debt 544.29 209.00 335.29 1,392.43 1,667.00 (274.57) 2,50 1,107.57 5494 - Bad Debt - Late Fees & Interest 166.00 (166.00) 1,333.00 (1,333.00) 2,00 2,00 5495 - Bad Debt - Collection Expense 34.00 (34.00) 267.00 (267.00) 40 40 5525 - Postage, Printing, Copies 222.95 584.00 (361.05) 4,187.67 4,667.00 (479.33) 7,00 2,812.33 5595 - Newsletter 51 166.00 344.00 1,477.50 1,333.00 144.50 2,00 522.50 5701 - Board of Directors Expense 84.00 (84.00) 667.00 (667.00) 1,00 1,00 5703 - Design Review Committee 170.11 1,50 (1,329.89) 1,50 1,329.89 5704 - Social Committee 3,254.58 3,254.58 11,296.38 13,50 (2,203.62) 18,00 6,703.62 Printed by Jennifer Lowther on Tue Sep 03, 2013 02:38 pm Page 1 of 3
Expense Administration Income Statement Report August 01, 2013 thru August 31, 2013 Current Period Year to Date (8 months) Annual Budget Actual Budget Variance Actual Budget Variance Budget Remaining 5705 - Finance Committee 50 (50) 50 50 5706 - Common Area Committee 1,50 (1,50) 1,50 1,50 5708 - Communication Committee 376.80 1,00 (623.20) 1,00 623.20 5710 - Safety Committee 50 (50) 50 50 5735 - Storage Rental 1,11 1,11 (1,11) 5805 - Bank Charges 21.00 (21.00) 167.00 (167.00) 25 25 5950 - Contigency 79.00 (79.00) 636.00 (636.00) 954.00 954.00 Total Administration 8,057.52 4,386.00 3,671.52 52,416.70 54,796.00 (2,379.30) 78,60 26,183.30 Grounds 6200 - Landscape Contract 1,633.33 1,666.00 (32.67) 13,066.64 13,333.00 (266.36) 20,00 6,933.36 6210 - Snow Removal 7,292.90 6,00 1,292.90 12,00 4,707.10 6220 - Sprinkler Repairs 1,426.03 1,429.00 (2.97) 4,368.76 7,143.00 (2,774.24) 10,00 5,631.24 6250 - Exterminating 50 (50) 50 50 6270 - Fences 1,714.00 (1,714.00) 19,716.99 8,571.00 11,145.99 12,00 (7,716.99) 6378 - PlantsfTrees/Shrubs 714.00 (714.00) 738.00 3,571.00 (2,833.00) 5,00 4,262.00 6410 - Grounds Contracts Extra 1,111.00 (1,111.00) 7,861.55 6,667.00 1,194.55 10,00 2,138.45 6643 - Holiday Lighting 10,00 10,00 Total Grounds 3,059.36 6,634.00 (3,574.64) 53,044.84 45,785.00 7,259.84 79,50 26,455.16 Utilities 6700 - Gas & Electric 94.70 91.00 3.70 712.59 733.00 (20.41 ) 1,10 387.41 6710 - Water & Sewer 8,298.03 2,084.00 6,214.03 11,483.82 16,667.00 (5,183.1 8) 25,00 13,516.18 6760 - Trash 10,873.00 10,416.00 457.00 84,998.00 83,333.00 1,665.00 125,00 40,002.00 Total Utilities 19,265.73 12,591.00 6,674.73 97,194.41 100,733.00 (3,538.59) 151,10 53,905.59 Total Expense 30,382.61 23,611.00 6,771.61 202,655.95 201,314.00 1,341.95 309,20 106,544.05 Total Income I (Loss) (28,800.95) (23,443.00) (5,357.95) 51,374.76 30,42 20,954.76 (51,374.76) Printed by Jennifer Lowther on Tue Sep 03, 2013 02:38 pm Page 2 of 3
Sheet Report Replacement As of August 31, 2013 Aug 31, 2013 JU131,2013 Change Assets Cash & Investments 1303 - Reserves-1st Bank #0162 236,745.49 236,706.58 38.91 1307 - Reserves-Wells Fargo 235,382.10 235,362.11 19.99 Total Cash & Investments 472,127.59 472,068.69 Total Assets 472,127.59 472,068.69 3300 - Retained Earnings - Replacemen Total Total Replacement Income I (Loss) 795.67 736.77 Total Liabilities and Owner Equity 472,127.59 472,068.69 Printed by Jennifer Lowther on Tue Sep 03, 2013 02:39 pm Page 3 of 3
Income Replacement Income Income Statement Report Replacement August 01, 2013 thru August 31, 2013 ------ Current Period ------ ---- Year to Date (8 months) Actual Budget Variance Actual Budget Variance 8700 - Taxable Interest 695.67 695.67 8800 - Miscellaneous 10 10 Total Replacement Income 795.67 795.67 Total Replacement Income 795.67 795.67 Total Replacement Income I (Loss) 795.67 795.67 Annual Budget Budget Remaining (695.67) (10) (795.67) (795.67) (795.67) Total Association Net Income I (Loss) (28,742.05) (23,443.00) (5,299.05) 52,170.43 30,42 21,750.43 (52,170.43) Printed by Jennifer Lowther on Tue Sep 03,201302:38 pm Page 3 of 3