Lakeshore Landing Homeowners Association. Budget for Fiscal Year June 2013-May 2014

Transcription

1 Lakeshore Landing Homeowners Association Budget for Fiscal Year June 2013-May 2014 PROPOSED INCOME PROPOSED EXPENSE PROPOSED RESERVES CLASS Common Fees $44,280 $30,375 $13,905 East Lake Road/Way 6,877 3,500 3,377 Common Driveway Sunset Court Exp. 2,000 1, $53,157 $35,625 $17,632 Fiscal Year June 2012-May 2013 Proposed Fiscal year June May 2014 As of August 31, 2013 Income Common Fees $30,092 $44,280 $10,980 Sunset Court Fees 1,167 2, Common Driveway Fees East Lake Road/Way Fees 5,564 6,877 1,688 Dividend/Interest Income Total Income $37,592 $52,677 $13,174 COMMON ADMINISTRATIVE EXPENSES Taxes- Property $9,058 $9,500 $820 Taxes- Income Social Committee Accounting Fees 3,637 4,000 - Insurance Expense 4,030 3, Bank/Vanco Charges Annual Meeting and Board Election 1,231 1, Other Administrative Expenses Total Common Administrative Expenses $19,209 $19,475 $2,703 COMMON PROPERTY EXPENSES Porta John $489 $500 $0 Permanent site Porta John - 2, Electric and Lighting Drainage System 1, Lawn Mowing 3,660 3,800 2,970 Landscaping - 2, Dock/Boat Launch 3,600 0 NYSEG Contingency - 2,000 - Total Common Property Expenses $10,159 $10,900 $3,979 PRIVATE ROAD EXPENSE East Lake Road/Way-Snow plowing $3,400 $3,500 $0.00 Common Driveway-Snow plowing 50 - Sunset Court Exp.-Snow plowing 1,550 1,500 - Road core sample Total Private Road Expenses $5,200 $5,000 $0 Net income (loss) $3,024 $17,302 $6,492 1

2 3:55 PM Lakeshore Landing Homeowners Association, Inc. 09/20/13 Balance Sheet by Class Accrual Basis As of August 31, 2013 Common Common Driveway East Lake Road/Way Sunset Court Unclassified TOTAL ASSETS Current Assets Checking/Savings Five Star Checking 12, , , Five Star Savings 36, , , , Total Checking/Savings 48, , , , , Accounts Receivable Accounts Receivable -11, , , Total Accounts Receivable -11, , , Other Current Assets Prepaid Insurance 1, , Prepaid Property Taxes Prepaid Property Taxes - County 1, , Total Prepaid Property Taxes 1, , Total Other Current Assets 2, , Total Current Assets 40, , , , TOTAL ASSETS 40, , , , LIABILITIES & EQUITY Equity Opening Balance Equity 36, , , , Net Income 4, , , Total Equity 40, , , , TOTAL LIABILITIES & EQUITY 40, , , , Page 1

3 3:55 PM Lakeshore Landing Homeowners Association, Inc. 09/20/13 Profit & Loss by Class Accrual Basis June through August 2013 Common East Lake Road/Way Sunset Court TOTAL Ordinary Income/Expense Income Dividend/Interest Income Membership Dues 10, , , Total Income 10, , , Gross Profit 10, , , Expense Annual Meeting Location & Meal Printing Annual Meeting - Other Total Annual Meeting Board/Admin Expenses Bank/Vanco Charges Insurance Expense - D&O Liens Total Board/Admin Expenses Common Admin Expenses Social Committee Taxes-Corporate Income Taxes - County/Town Total Common Admin Expenses 1, , Insurance Expense - Property Porta John Repairs and Maintenance Electric & Lighting Landscaping Lawn Mowing 2, , Total Repairs and Maintenance 3, , Utilities NYSEG Total Utilities Total Expense 6, , Net Ordinary Income 4, , , Net Income 4, , , Page 1

4 3:56 PM Lakeshore Landing Homeowners Association, Inc. 09/20/13 Profit & Loss by Class Accrual Basis August 2013 Common East Lake Road/Way Sunset Court TOTAL Ordinary Income/Expense Income Membership Dues 3, , Total Income 3, , Gross Profit 3, , Expense Annual Meeting Location & Meal Printing Total Annual Meeting Board/Admin Expenses Bank/Vanco Charges Insurance Expense - D&O Liens Total Board/Admin Expenses Common Admin Expenses Social Committee Taxes-Corporate Income Taxes - County/Town Total Common Admin Expenses Insurance Expense - Property Porta John Repairs and Maintenance Lawn Mowing Total Repairs and Maintenance Utilities NYSEG Total Utilities Total Expense 2, , Net Ordinary Income 1, , Net Income 1, , Page 1

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6 LAKESHORE LANDING HOMEOWNERS ASSOC 5738B LAKE HILL DR ROMULUS NY Date 8/29/13 Page 1 Account 4 C H E C K I N G A C C O U N T S LAKESHORE LANDING HOMEOWNERS ASSOC Free Business Checking 4 Account Statement Dates 7/31/13 thru 8/29/13 Beginning Balance 25, Days in the Statement Period 30 3 Deposits/Credits 3, Average Ledger 25, Checks/Debits 11, Average Collected 25, Service Charge.00 Interest Credited.00 Ending Balance 17, DEPOSITS AND CREDITS Date Description Amount 8/01 E.SERVICE VANCO SERVICES 1, XX012SVE12M26F CCD 8/07 DEPOSIT /27 DEPOSIT WITHDRAWALS AND DEBITS (NON CHECK) Date Description Amount 8/01 NYSEG BILLNYSEG CCD 8/15 INVOICE VANCO SERVICES XI0D2SXP12FX7 CCD 8/26 Transf to SAVINGS 10, Confirmation number CHECKS Date Number Amount Date Number Amount 8/ / / * / * INDICATES MISSING CHECK NUMBER 6

7 Free Business Checking (Continued) Date 8/29/13 Page 2 Account 4 DAILY BALANCE INFORMATION Date Balance Date Balance Date Balance 7/31 25, /08 27, /26 16, /01 26, /14 27, /27 17, /02 26, /15 27, /07 27, /20 26, E N D O F S T A T E M E N T 7

8 4:02 PM Lakeshore Landing Homeowners Association, Inc. 09/18/13 Reconciliation Summary Five Star Savings, Period Ending 09/02/2013 Sep 2, 13 Beginning Balance 50, Cleared Transactions Deposits and Credits - 1 item 10, Total Cleared Transactions 10, Cleared Balance 60, Register Balance as of 09/02/ , Ending Balance 60, Page 1

9 Date 8/30/13 Page 1 Account LAKESHORE LANDING HOMEOWNERS ASSOC 5738B LAKE HILL DR ROMULUS NY S A V I N G S A C C O U N T S LAKESHORE LANDING HOMEOWNERS ASSOC * REGULATION E * Statement Savings 0 Account Statement Dates 7/01/13 thru 9/02/13 Beginning Balance 50, Days in the Statement Period 64 1 Deposits/Credits 10, Average Ledger 52, Checks/Debits.00 Average Collected 52, Service Charge.00 Interest Earned 4.50 Interest Credited.00 Annual Percentage Yield Earned 0.05% Ending Balance 60, Interest Paid DEPOSITS AND CREDITS Date Description Amount 8/26 Trsf from CHECKING 10, Confirmation number DAILY BALANCE INFORMATION Date Balance Date Balance 7/01 50, /26 60, INTEREST RATE SUMMARY Date Rate 6/ % E N D O F S T A T E M E N T 9