The Gondola Park Master Associatio ociation, Inc. Managed by: Argus Management of Venice, Inc. 181 Center Road Venice, FL 34285 Office: (941) 408-7413 Fax: (941) 408-7419 association manager: Melissa moritz Email: melissa@argusvenice.com FINANCIAL STATEMENTS FOR THE PERIOD ENDING May 31, 2015 Reports Included: Balance Sheet Page 1 Reserve Transaction Summary Page 2 Month Budget vs. Month Income/Expense Page 3 YTD Budget vs. YTD Income/Expense Page 4 2015 Budget vs. YTD Income/Expense Page 5 2015 Budget vs. Monthly YTD Income/Expense Page 6-7 Transaction Ledger by Account for the Month Page 8-15 Bank Statements / Reconcile Prepared by: Argus Management of Venice, Inc. FINANCIAL DIVISION Completed: June 15, 2015 ~unaudited~
Balance Sheet As of May 31, 2015 ASSETS Current Assets Operating/Reserve 1010.00 Operating Account(s) 1011.00 Checking; BB&T 56,071.66 1018.01 Debit Card; BB&T 1,036.47 Total 1010.00 Operating Account(s) 57,108.13 1020.00 Reserve Account(s) 1021.00 M/M; BB&T 62,507.41 1025.01 CD - Stonegate 12/28/16 0.50% 78,367.80 Total 1020.00 Reserve Account(s) 140,875.21 Total Operating/Reserve 197,983.34 Other Current Assets 1210.00 Utility Deposits 2,240.00 Total Other Current Assets 2,240.00 Total Current Assets 200,223.34 TOTAL ASSETS 200,223.34 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 3011.00 Social Fund 967.51 3031.00 Deferred Assessments 6,800.00 Total Other Current Liabilities 7,767.51 Total Current Liabilities 7,767.51 Long Term Liabilities 3500.00 Reserve Fund 140,875.21 Total Long Term Liabilities 140,875.21 Total Liabilities 148,642.72 Equity 3900.00 Retained Earnings 49,373.08 Net Income 2,207.54 Total Equity 51,580.62 TOTAL LIABILITIES & EQUITY 200,223.34 Prepared By: Argus Management of Venice, Inc. Page 1
Reserve Transaction Summary January through May 2015 3500.00 Reserve Fund 3501.00 Pool 3501.01 Beg Bal - Pool 11,551.33 3501.02 Allocation - Pool 1,850.00 Total 3501.00 Pool 13,401.33 3502.00 Pool Pumps/Heaters 3502.01 Beg Bal-Pool Pumps/Heaters 1,825.00 3502.02 Allocation - Pool Pumps/Heaters 761.00 3502.03 Expense-Pool Pump/Heaters (7,180.00) Total 3502.00 Pool Pumps/Heaters (4,594.00) 3503.00 Clubhouse Roof 3503.01 Beg Bal- Clubhouse Roof 32,007.72 3503.02 Allocation - Clubhouse Roof 1,496.00 Total 3503.00 Clubhouse Roof 33,503.72 3504.00 Tennis Courts 3504.01 Beg Bal- Tennis Courts 15,159.00 Total 3504.00 Tennis Courts 15,159.00 3505.00 Activity Rooms Equipment 3505.01 Beg Bal - Activity Rooms Equip 12,912.88 3505.02 Allocation - Activity Room Equi 1,308.50 Total 3505.00 Activity Rooms Equipment 14,221.38 3506.00 Paving, Roads Repais 3506.01 Beg Bal- Paving/Road Repairs 45,978.50 3506.02 Allocation- Paving/Roads Repair 9,626.50 3506.03 Expense-Paving/Road Repairs (1,807.50) Total 3506.00 Paving, Roads Repais 53,797.50 3507.00 Painting 3507.01 Beg Bal - Painting 7,932.80 3507.02 Allocation - Painting 511.00 Total 3507.00 Painting 8,443.80 3599.00 Reserve Interest 3599.01 Beg. Bal. - Interest 6,741.12 3599.02 Earned YTD - Interest 201.36 Total 3599.00 Reserve Interest 6,942.48 Total 3500.00 Reserve Fund 140,875.21 TOTAL 140,875.21 Prepared By: Argus Management of Venice, Inc. Page 2
Month Budget vs. Month Income/Expenses May '15 May '15 (Under) Budget Inc / Exp Budget Over Budget Income 5010.01 Income - Residences 3,195.42 3,195.42 0.00 5010.02 Income - Courtyards 3,603.33 3,603.33 0.00 5030.00 Clubhouse Rental 150.00 0.00 150.00 5040.00 Other 0.00 0.00 0.00 5050.00 Interest 1.97 0.00 1.97 5090.00 Previous years carryover 0.00 0.00 0.00 Total Income 6,950.72 6,798.75 151.97 Expense 7000.00 Disbursements 7100.00 Grounds 7110.00 Lawn Care Contract 575.00 575.00 0.00 7115.00 Grounds Other 599.92 200.00 399.92 7130.00 Mulch 0.00 0.00 0.00 7150.00 Irrigation payments & repairs 0.00 83.33 (83.33) 7151.00 Lake Cleaning 0.00 75.00 (75.00) 7151.01 Lake Contract 178.00 178.00 0.00 7160.00 Lighting 0.00 208.33 (208.33) 7165.00 Drainage 0.00 83.33 (83.33) Total 7100.00 Grounds 1,352.92 1,402.99 (50.07) 7200.00 Building Maintenance 7210.00 Repairs & Maintenance 468.87 416.67 52.20 7212.00 Maintenance Payroll 512.37 436.19 76.18 7220.00 Pest Control 0.00 0.00 0.00 7221.00 Telephone - Clubhouse 65.66 75.00 (9.34) 7230.01 Janitorial Supplies 0.00 25.00 (25.00) 7246.00 Activity Room Rent (12M)+Mant 1,000.00 1,000.00 0.00 7246.01 Activity Room Repairs 0.00 125.00 (125.00) Total 7200.00 Building Maintenance 2,046.90 2,077.86 (30.96) 7300.00 Swimming Pool 7310.00 Pool Contract 390.00 390.00 0.00 7310.01 Pool Supplies 400.00 416.67 (16.67) 7330.00 Pool Furn. Repair & Replacement 0.00 83.33 (83.33) Total 7300.00 Swimming Pool 790.00 890.00 (100.00) 7500.00 Utilities 7510.00 Water/Reclaimed 372.89 554.76 (181.87) 7520.00 Electric 586.83 1,276.29 (689.46) Total 7500.00 Utilities 959.72 1,831.05 (871.33) 7800.00 Administration 7810.00 Ins Pkg + Pmt to Ctyds & Resids 0.00 0.00 0.00 7825.00 Accounting/Legal 114.00 59.09 54.91 7830.00 Corp Filing Fees 61.25 0.00 61.25 7870.00 Management Fee 223.00 223.00 0.00 7875.00 Supplies & Postage 25.00 75.00 (50.00) 7896.00 Contingency 0.00 105.00 (105.00) Total 7800.00 Administration 423.25 462.09 (38.84) Total 7000.00 Disbursements 5,572.79 6,663.99 (1,091.20) Total Expense 5,572.79 6,663.99 (1,091.20) Net Income 1,377.93 134.76 1,243.17 Prepared By: Argus Management of Venice, Inc. Page 3
YTD Budget vs. YTD Income/Expenses Jan - May '15 Jan - May '15 (Under) Budget Inc / Exp Budget Over Budget Income 5010.01 Income - Residences 15,977.73 15,977.10 0.63 5010.02 Income - Courtyards 18,017.27 18,016.65 0.62 5030.00 Clubhouse Rental 450.00 0.00 450.00 5040.00 Other 0.00 0.00 0.00 5050.00 Interest 8.72 0.00 8.72 5090.00 Previous years carryover 2,828.00 2,828.00 0.00 Total Income 37,281.72 36,821.75 459.97 Expense 7000.00 Disbursements 7100.00 Grounds 7110.00 Lawn Care Contract 2,875.00 2,875.00 0.00 7115.00 Grounds Other 1,120.13 1,000.00 120.13 7130.00 Mulch 30.80 0.00 30.80 7150.00 Irrigation payments & repairs 401.99 416.65 (14.66) 7151.00 Lake Cleaning 0.00 375.00 (375.00) 7151.01 Lake Contract 890.00 890.00 0.00 7160.00 Lighting 0.00 1,041.65 (1,041.65) 7165.00 Drainage 0.00 416.65 (416.65) Total 7100.00 Grounds 5,317.92 7,014.95 (1,697.03) 7200.00 Building Maintenance 7210.00 Repairs & Maintenance 2,319.28 2,083.35 235.93 7212.00 Maintenance Payroll 1,893.25 2,585.43 (692.18) 7220.00 Pest Control 0.00 150.00 (150.00) 7221.00 Telephone - Clubhouse 328.11 375.00 (46.89) 7230.01 Janitorial Supplies 0.00 125.00 (125.00) 7246.00 Activity Room Rent (12M)+Mant 5,000.00 5,000.00 0.00 7246.01 Activity Room Repairs 0.00 625.00 (625.00) Total 7200.00 Building Maintenance 9,540.64 10,943.78 (1,403.14) 7300.00 Swimming Pool 7310.00 Pool Contract 1,950.00 1,950.00 0.00 7310.01 Pool Supplies 1,975.48 2,083.35 (107.87) 7330.00 Pool Furn. Repair & Replacement 0.00 416.65 (416.65) Total 7300.00 Swimming Pool 3,925.48 4,450.00 (524.52) 7500.00 Utilities 7510.00 Water/Reclaimed 2,076.05 2,385.11 (309.06) 7520.00 Electric 5,224.07 7,082.11 (1,858.04) Total 7500.00 Utilities 7,300.12 9,467.22 (2,167.10) 7800.00 Administration 7810.00 Ins Pkg + Pmt to Ctyds & Resids 5,023.94 5,500.00 (476.06) 7825.00 Accounting/Legal 1,119.50 586.36 533.14 7830.00 Corp Filing Fees 61.25 61.00 0.25 7870.00 Management Fee 1,115.00 1,115.00 0.00 7875.00 Supplies & Postage 1,022.55 375.00 647.55 7896.00 Contingency 647.78 525.00 122.78 Total 7800.00 Administration 8,990.02 8,162.36 827.66 Total 7000.00 Disbursements 35,074.18 40,038.31 (4,964.13) Total Expense 35,074.18 40,038.31 (4,964.13) Net Income 2,207.54 (3,216.56) 5,424.10 Prepared By: Argus Management of Venice, Inc. Page 4
YTD Budget vs. YTD Income/Expenses Jan - May '15 2015 (Under) Budget Inc / Exp Budget Over Budget Income 5010.01 Income - Residences 15,977.73 38,345.00 (22,367.27) 5010.02 Income - Courtyards 18,017.27 43,240.00 (25,222.73) 5030.00 Clubhouse Rental 450.00 0.00 450.00 5040.00 Other 0.00 0.00 0.00 5050.00 Interest 8.72 0.00 8.72 5090.00 Previous years carryover 2,828.00 2,828.00 0.00 Total Income 37,281.72 84,413.00 (47,131.28) Expense 7000.00 Disbursements 7100.00 Grounds 7110.00 Lawn Care Contract 2,875.00 6,900.00 (4,025.00) 7115.00 Grounds Other 1,120.13 2,400.00 (1,279.87) 7130.00 Mulch 30.80 1,000.00 (969.20) 7150.00 Irrigation payments & repairs 401.99 1,000.00 (598.01) 7151.00 Lake Cleaning 0.00 900.00 (900.00) 7151.01 Lake Contract 890.00 2,136.00 (1,246.00) 7160.00 Lighting 0.00 2,500.00 (2,500.00) 7165.00 Drainage 0.00 1,000.00 (1,000.00) Total 7100.00 Grounds 5,317.92 17,836.00 (12,518.08) 7200.00 Building Maintenance 7210.00 Repairs & Maintenance 2,319.28 5,000.00 (2,680.72) 7212.00 Maintenance Payroll 1,893.25 5,500.00 (3,606.75) 7220.00 Pest Control 0.00 300.00 (300.00) 7221.00 Telephone - Clubhouse 328.11 900.00 (571.89) 7230.01 Janitorial Supplies 0.00 300.00 (300.00) 7246.00 Activity Room Rent (12M)+Mant 5,000.00 12,000.00 (7,000.00) 7246.01 Activity Room Repairs 0.00 1,500.00 (1,500.00) Total 7200.00 Building Maintenance 9,540.64 25,500.00 (15,959.36) 7300.00 Swimming Pool 7310.00 Pool Contract 1,950.00 4,680.00 (2,730.00) 7310.01 Pool Supplies 1,975.48 5,000.00 (3,024.52) 7330.00 Pool Furn. Repair & Replacement 0.00 1,000.00 (1,000.00) Total 7300.00 Swimming Pool 3,925.48 10,680.00 (6,754.52) 7500.00 Utilities 7510.00 Water/Reclaimed 2,076.05 5,000.00 (2,923.95) 7520.00 Electric 5,224.07 14,000.00 (8,775.93) Total 7500.00 Utilities 7,300.12 19,000.00 (11,699.88) 7800.00 Administration 7810.00 Ins Pkg + Pmt to Ctyds & Resids 5,023.94 5,500.00 (476.06) 7825.00 Accounting/Legal 1,119.50 1,000.00 119.50 7830.00 Corp Filing Fees 61.25 61.00 0.25 7870.00 Management Fee 1,115.00 2,676.00 (1,561.00) 7875.00 Supplies & Postage 1,022.55 900.00 122.55 7896.00 Contingency 647.78 1,260.00 (612.22) Total 7800.00 Administration 8,990.02 11,397.00 (2,406.98) Total 7000.00 Disbursements 35,074.18 84,413.00 (49,338.82) Total Expense 35,074.18 84,413.00 (49,338.82) Net Income 2,207.54 0.00 2,207.54 Prepared By: Argus Management of Venice, Inc. Page 5
2015 Budget vs. Monthly YTD Income/Expenses Income / Expense YTD 2015 Remaining Remaining Jan '15 Feb '15 Mar '15 Apr '15 May '15 Inc / Exp Budget Budget % Income 5010.01 Income - Residences 3,195.42 3,195.42 3,196.05 3,195.42 3,195.42 15,977.73 38,345.00 22,367.27 58.33% 5010.02 Income - Courtyards 3,603.33 3,603.33 3,603.95 3,603.33 3,603.33 18,017.27 43,240.00 25,222.73 58.33% 5030.00 Clubhouse Rental 150.00 0.00 50.00 100.00 150.00 450.00 0.00 (450.00) 100.00% 5040.00 Other 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00% 5050.00 Interest 1.71 1.68 1.82 1.54 1.97 8.72 0.00 (8.72) 100.00% 5090.00 Previous years carryover 2,828.00 0.00 0.00 0.00 0.00 2,828.00 2,828.00 0.00 0.00% Total Income 9,778.46 6,800.43 6,851.82 6,900.29 6,950.72 37,281.72 84,413.00 47,131.28 55.83% Expense 7000.00 Disbursements 7100.00 Grounds 7110.00 Lawn Care Contract 575.00 575.00 575.00 575.00 575.00 2,875.00 6,900.00 4,025.00 58.33% 7115.00 Grounds Other 0.00 0.00 0.00 520.21 599.92 1,120.13 2,400.00 1,279.87 53.33% 7130.00 Mulch 0.00 30.80 0.00 0.00 0.00 30.80 1,000.00 969.20 96.92% 7150.00 Irrigation payments & repairs 0.00 401.99 0.00 0.00 0.00 401.99 1,000.00 598.01 59.80% 7151.00 Lake Cleaning 0.00 0.00 0.00 0.00 0.00 0.00 900.00 900.00 100.00% 7151.01 Lake Contract 178.00 178.00 178.00 178.00 178.00 890.00 2,136.00 1,246.00 58.33% 7160.00 Lighting 0.00 0.00 0.00 0.00 0.00 0.00 2,500.00 2,500.00 100.00% 7165.00 Drainage 0.00 0.00 0.00 0.00 0.00 0.00 1,000.00 1,000.00 100.00% Total 7100.00 Grounds 753.00 1,185.79 753.00 1,273.21 1,352.92 5,317.92 17,836.00 12,518.08 70.18% 7200.00 Building Maintenance 7210.00 Repairs & Maintenance 279.03 568.92 272.46 730.00 468.87 2,319.28 5,000.00 2,680.72 53.61% 7212.00 Maintenance Payroll 345.22 345.22 345.22 345.22 512.37 1,893.25 5,500.00 3,606.75 65.58% 7220.00 Pest Control 0.00 0.00 0.00 0.00 0.00 0.00 300.00 300.00 100.00% 7221.00 Telephone - Clubhouse 65.65 65.60 65.60 65.60 65.66 328.11 900.00 571.89 63.54% 7230.01 Janitorial Supplies 0.00 0.00 0.00 0.00 0.00 0.00 300.00 300.00 100.00% 7246.00 Activity Room Rent (12M)+Mant 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 5,000.00 12,000.00 7,000.00 58.33% 7246.01 Activity Room Repairs 0.00 0.00 0.00 0.00 0.00 0.00 1,500.00 1,500.00 100.00% Total 7200.00 Building Maintenance 1,689.90 1,979.74 1,683.28 2,140.82 2,046.90 9,540.64 25,500.00 15,959.36 62.59% 7300.00 Swimming Pool 7310.00 Pool Contract 390.00 390.00 390.00 390.00 390.00 1,950.00 4,680.00 2,730.00 58.33% 7310.01 Pool Supplies 0.00 873.48 0.00 702.00 400.00 1,975.48 5,000.00 3,024.52 60.49% 7330.00 Pool Furn. Repair & Replacement 0.00 0.00 0.00 0.00 0.00 0.00 1,000.00 1,000.00 100.00% Total 7300.00 Swimming Pool 390.00 1,263.48 390.00 1,092.00 790.00 3,925.48 10,680.00 6,754.52 63.25% 7500.00 Utilities 7510.00 Water/Reclaimed 407.60 525.50 404.18 365.88 372.89 2,076.05 5,000.00 2,923.95 58.48% 7520.00 Electric 1,200.80 1,492.95 1,262.62 680.87 586.83 5,224.07 14,000.00 8,775.93 62.69% Total 7500.00 Utilities 1,608.40 2,018.45 1,666.80 1,046.75 959.72 7,300.12 19,000.00 11,699.88 61.58% Prepared By: Argus Management of Venice, Inc. Page 6
2015 Budget vs. Monthly YTD Income/Expenses Income / Expense YTD 2015 Remaining Remaining Jan '15 Feb '15 Mar '15 Apr '15 May '15 Inc / Exp Budget Budget % 7800.00 Administration 7810.00 Ins Pkg + Pmt to Ctyds & Resids 3,098.00 0.00 1,925.94 0.00 0.00 5,023.94 5,500.00 476.06 8.66% 7825.00 Accounting/Legal 0.00 549.50 456.00 0.00 114.00 1,119.50 1,000.00 (119.50) (11.95%) 7830.00 Corp Filing Fees 0.00 0.00 0.00 0.00 61.25 61.25 61.00 (0.25) (0.41%) 7870.00 Management Fee 223.00 223.00 223.00 223.00 223.00 1,115.00 2,676.00 1,561.00 58.33% 7875.00 Supplies & Postage 632.58 314.97 25.00 25.00 25.00 1,022.55 900.00 (122.55) (13.62%) 7896.00 Contingency 0.00 647.78 0.00 0.00 0.00 647.78 1,260.00 612.22 48.59% Total 7800.00 Administration 3,953.58 1,735.25 2,629.94 248.00 423.25 8,990.02 11,397.00 2,406.98 21.12% Total 7000.00 Disbursements 8,394.88 8,182.71 7,123.02 5,800.78 5,572.79 35,074.18 84,413.00 49,338.82 58.45% Total Expense 8,394.88 8,182.71 7,123.02 5,800.78 5,572.79 35,074.18 84,413.00 49,338.82 58.45% Net Income 1,383.58 (1,382.28) (271.20) 1,099.51 1,377.93 2,207.54 0.00 Prepared By: Argus Management of Venice, Inc. Page 7
Transaction Ledger by Account As of May 31, 2015 Type Date Num Name Memo Amount Balance 1010.00 Operating Account(s) 47,230.95 1011.00 Checking; BB&T 47,076.91 Check 05/01/2015 4204 Argus Management of Venice May Management (309.25) 46,767.66 Check 05/01/2015 4202 Argus Management of Venice/Payroll Payroll week end 05-01 (172.61) 46,595.05 Check 05/01/2015 4203 Courtyards at Gondola Park 2015 May Acitivity Room (1,000.00) 45,595.05 Check 05/01/2015 4205 We Built This, LLC Toilet Repair - inv 112505 (262.50) 45,332.55 Deposit 05/01/2015 Deposit~ 100.00 45,432.55 Transfer 05/04/2015 replenish debit card (1,000.00) 44,432.55 Check 05/07/2015 4206 Larry Beaton Reimbursement - Landscaping purchased (599.92) 43,832.63 Check 05/07/2015 4207 Jean Beaton Reimbursment - Clubhouse (88.78) 43,743.85 Check 05/15/2015 EBT Verizon 15 4311 0663 698901 06 (65.66) 43,678.19 Check 05/19/2015 4208 Argus Management of Venice/Payroll Payroll week end 05-15 (169.88) 43,508.31 Check 05/19/2015 4209 Florida Dept of Health Sarasota 58-60-1258 - Pool Permit (400.00) 43,108.31 Check 05/19/2015 4210 Aquagenix Inv 1243670 - May (178.00) 42,930.31 Check 05/19/2015 4211 Sharon S. VanderWulp, PA Invoice 12002 (114.00) 42,816.31 Check 05/19/2015 4212 Prestigious Ground Care May Lawn Service (575.00) 42,241.31 Check 05/19/2015 EBT FP & L 80817-18267 (04/08/15-05/08/15) (506.30) 41,735.01 Check 05/19/2015 EBT FPL (04/08/15-05/08/15) (41.34) 41,693.67 Deposit 05/22/2015 Deposit~ 15,348.00 57,041.67 Check 05/22/2015 EBT City of Venice 200 Capri Isles - 36930-27688 (03/16/15-04/20/15) (372.89) 56,668.78 Check 05/23/2015 EBT FP & L - 1100 90181-81371 (04/08/15-05/08/15) (39.19) 56,629.59 Check 05/28/2015 4213 Argus Management of Venice/Payroll Payroll week end 05-29 (169.88) 56,459.71 Check 05/28/2015 4214 Aqua Doc Pool Clinic May Monthly Pool (390.00) 56,069.71 Deposit 05/31/2015 interest earned 1.95 56,071.66 Total 1011.00 Checking; BB&T 8,994.75 56,071.66 1018.01 Debit Card; BB&T 154.04 Check 05/04/2015 EBT Lowe's debit card purchase - garden hose (48.13) 105.91 Check 05/04/2015 EBT Lowe's debit card purchase (21.34) 84.57 Check 05/04/2015 EBT Walmart debit card purchase - water hose (48.12) 36.45 Check 05/04/2015 EBT Home Depot debit card purchase - wicker hose reel (69.52) (33.07) Deposit 05/04/2015 Deposit 69.52 36.45 Transfer 05/04/2015 replenish debit card 1,000.00 1,036.45 Deposit 05/31/2015 interest earned 0.02 1,036.47 Total 1018.01 Debit Card; BB&T 882.43 1,036.47 Total 1010.00 Operating Account(s) 9,877.18 57,108.13 1020.00 Reserve Account(s) 142,642.32 1021.00 M/M; BB&T 64,306.72 Check 05/28/2015 101 Giffels-Webster Engineers, Inc. design paving report (1,807.50) 62,499.22 Deposit 05/31/2015 interest earned 8.19 62,507.41 Total 1021.00 M/M; BB&T (1,799.31) 62,507.41 Prepared By: Argus Management of Venice, Inc, Page 8
Type Date Num Name Transaction Ledger by Account As of May 31, 2015 Memo Amount Balance 1025.01 CD - Stonegate 12/28/16 0.50% 78,335.60 Deposit 05/28/2015 interest earned 32.20 78,367.80 Total 1025.01 CD - Stonegate 12/28/16 0.50% 32.20 78,367.80 Total 1020.00 Reserve Account(s) (1,767.11) 140,875.21 1040.00 Assessment Receivable 14,932.00 Payment 05/22/2015 5183 Courtyards at Gondola Park 2nd Quarter Master Dues 2015 (14,932.00) 0.00 Total 1040.00 Assessment Receivable (14,932.00) 0.00 1210.00 Utility Deposits 2,240.00 Total 1210.00 Utility Deposits 2,240.00 1499.00 Payments Posted Pending Deposit 0.00 Payment 05/22/2015 5183 Courtyards at Gondola Park 2nd Quarter Master Dues 2015 14,932.00 14,932.00 Deposit 05/22/2015 5183 Courtyards at Gondola Park 2nd Quarter Master Dues 2015 (14,932.00) 0.00 Total 1499.00 Payments Posted Pending Deposit 0.00 0.00 3011.00 Social Fund (601.51) 3011.01 Beg Bal - Social Fund 1,355.80 Total 3011.01 Beg Bal - Social Fund 1,355.80 3011.02 Current Yr Social Income (1,356.00) Deposit 05/22/2015 2233 L E & S D Glynn, Jr pizza party (12.00) (1,368.00) Deposit 05/22/2015 148 Bradley R & Ruth A Burget pizza party (12.00) (1,380.00) Deposit 05/22/2015 1484 Calvin & Betty J Campbell pizza party (12.00) (1,392.00) Deposit 05/22/2015 10427 Francis A & Dorthy S Ruffo pizza party (12.00) (1,404.00) Deposit 05/22/2015 0931 Giuseppe & Angela S Mastrandrea pizza party (24.00) (1,428.00) Deposit 05/22/2015 754 Barbara J & David J Pruess pizza party (294.00) (1,722.00) Total 3011.02 Current Yr Social Income (366.00) (1,722.00) 3011.03 Expense - Social Fund (601.31) Total 3011.03 Expense - Social Fund (601.31) Total 3011.00 Social Fund (366.00) (967.51) 3031.00 Deferred Assessments (13,598.75) Prepared By: Argus Management of Venice, Inc, Page 9
Transaction Ledger by Account As of May 31, 2015 Type Date Num Name Memo Amount Balance General Journal 05/02/2015 2015 Mthly op alloc 6,798.75 (6,800.00) Total 3031.00 Deferred Assessments 6,798.75 (6,800.00) 3500.00 Reserve Fund (142,642.32) 3501.00 Pool (13,401.33) 3501.01 Beg Bal - Pool (11,551.33) Total 3501.01 Beg Bal - Pool (11,551.33) 3501.02 Allocation - Pool (1,850.00) Total 3501.02 Allocation - Pool (1,850.00) Total 3501.00 Pool (13,401.33) 3502.00 Pool Pumps/Heaters 4,594.00 3502.01 Beg Bal-Pool Pumps/Heaters (1,825.00) Total 3502.01 Beg Bal-Pool Pumps/Heaters (1,825.00) 3502.02 Allocation - Pool Pumps/Heaters (761.00) Total 3502.02 Allocation - Pool Pumps/Heaters (761.00) 3502.03 Expense-Pool Pump/Heaters 7,180.00 Total 3502.03 Expense-Pool Pump/Heaters 7,180.00 Total 3502.00 Pool Pumps/Heaters 4,594.00 3503.00 Clubhouse Roof (33,503.72) 3503.01 Beg Bal- Clubhouse Roof (32,007.72) Total 3503.01 Beg Bal- Clubhouse Roof (32,007.72) 3503.02 Allocation - Clubhouse Roof (1,496.00) Total 3503.02 Allocation - Clubhouse Roof (1,496.00) Total 3503.00 Clubhouse Roof (33,503.72) 3504.00 Tennis Courts (15,159.00) 3504.01 Beg Bal- Tennis Courts (15,159.00) Total 3504.01 Beg Bal- Tennis Courts (15,159.00) Prepared By: Argus Management of Venice, Inc, Page 10
Type Date Num Name Transaction Ledger by Account As of May 31, 2015 Memo Amount Balance Total 3504.00 Tennis Courts (15,159.00) 3505.00 Activity Rooms Equipment (14,221.38) 3505.01 Beg Bal - Activity Rooms Equip (12,912.88) Total 3505.01 Beg Bal - Activity Rooms Equip (12,912.88) 3505.02 Allocation - Activity Room Equi (1,308.50) Total 3505.02 Allocation - Activity Room Equi (1,308.50) Total 3505.00 Activity Rooms Equipment (14,221.38) 3506.00 Paving, Roads Repais (55,605.00) 3506.01 Beg Bal- Paving/Road Repairs (45,978.50) Total 3506.01 Beg Bal- Paving/Road Repairs (45,978.50) 3506.02 Allocation- Paving/Roads Repair (9,626.50) Total 3506.02 Allocation- Paving/Roads Repair (9,626.50) 3506.03 Expense-Paving/Road Repairs 0.00 Check 05/28/2015 101 Giffels-Webster Engineers, Inc. 04/30/15 Preliminary Design report of paiving 1,807.50 1,807.50 Total 3506.03 Expense-Paving/Road Repairs 1,807.50 1,807.50 Total 3506.00 Paving, Roads Repais 1,807.50 (53,797.50) 3507.00 Painting (8,443.80) 3507.01 Beg Bal - Painting (7,932.80) Total 3507.01 Beg Bal - Painting (7,932.80) 3507.02 Allocation - Painting (511.00) Total 3507.02 Allocation - Painting (511.00) Total 3507.00 Painting (8,443.80) 3599.00 Reserve Interest (6,902.09) 3599.01 Beg. Bal. - Interest (6,741.12) Total 3599.01 Beg. Bal. - Interest (6,741.12) Prepared By: Argus Management of Venice, Inc, Page 11
Type Date Num Name Transaction Ledger by Account As of May 31, 2015 Memo Amount Balance 3599.02 Earned YTD - Interest (160.97) Deposit 05/28/2015 interest earned (32.20) (193.17) Deposit 05/31/2015 interest earned (8.19) (201.36) Total 3599.02 Earned YTD - Interest (40.39) (201.36) Total 3599.00 Reserve Interest (40.39) (6,942.48) Total 3500.00 Reserve Fund 1,767.11 (140,875.21) 3900.00 Retained Earnings (49,373.08) Total 3900.00 Retained Earnings (49,373.08) 5010.01 Income - Residences (12,782.31) General Journal 05/02/2015 2015 Mthly Residences op alloc (3,195.42) (15,977.73) Total 5010.01 Income - Residences (3,195.42) (15,977.73) 5010.02 Income - Courtyards (14,413.94) General Journal 05/02/2015 2015 Mthly Courtyards op alloc (3,603.33) (18,017.27) Total 5010.02 Income - Courtyards (3,603.33) (18,017.27) 5030.00 Clubhouse Rental (300.00) Deposit 05/01/2015 1330 J & L Beaton Clubhouse Rental: Beaton - Croquet Club Social - 06/19/15 16:30 to 20:30 (100.00) (400.00) Deposit 05/22/2015 1056 Virginia J & Paul C Johnson Clubhouse Rental: Johnson - Family Christmas - 12/24/15 15:00 to 23:00 (50.00) (450.00) Total 5030.00 Clubhouse Rental (150.00) (450.00) 5050.00 Interest (6.75) Deposit 05/31/2015 interest earned (1.95) (8.70) Deposit 05/31/2015 interest earned (0.02) (8.72) Total 5050.00 Interest (1.97) (8.72) 5090.00 Previous years carryover (2,828.00) Total 5090.00 Previous years carryover (2,828.00) 7000.00 Disbursements 29,501.39 7100.00 Grounds 3,965.00 7110.00 Lawn Care Contract 2,300.00 Check 05/19/2015 4212 Prestigious Ground Care May Monthly Lawn Service 575.00 2,875.00 Prepared By: Argus Management of Venice, Inc, Page 12
Transaction Ledger by Account As of May 31, 2015 Type Date Num Name Memo Amount Balance Total 7110.00 Lawn Care Contract 575.00 2,875.00 7115.00 Grounds Other 520.21 Check 05/07/2015 4206 Larry Beaton reimbursement - misc supplies/plantings for Clubhouse 599.92 1,120.13 Total 7115.00 Grounds Other 599.92 1,120.13 7130.00 Mulch 30.80 Total 7130.00 Mulch 30.80 7150.00 Irrigation payments & repairs 401.99 Total 7150.00 Irrigation payments & repairs 401.99 7151.01 Lake Contract 712.00 Check 05/19/2015 4210 Aquagenix May Monthly Service - inv 1243670 178.00 890.00 Total 7151.01 Lake Contract 178.00 890.00 Total 7100.00 Grounds 1,352.92 5,317.92 7200.00 Building Maintenance 7,493.74 7210.00 Repairs & Maintenance 1,850.41 Check 05/01/2015 4205 We Built This, LLC 04/16 - toilet flapper/closet flange repair - inv 112505 262.50 2,112.91 Check 05/04/2015 EBT Lowe's debit card purchase - garden hose 48.13 2,161.04 Check 05/04/2015 EBT Lowe's debit card purchase - watering can 5.33 2,166.37 Check 05/04/2015 EBT Lowe's debit card purchase - brass "Y" shut off connection 10.68 2,177.05 Check 05/04/2015 EBT Lowe's debit card purchase - metal compact dial nozzle 5.33 2,182.38 Check 05/04/2015 EBT Walmart debit card purchase - water hose 48.12 2,230.50 Check 05/04/2015 EBT Home Depot debit card purchase - wicker hose reel 69.52 2,300.02 Deposit 05/04/2015 Home Depot debit card return - wicker hose reel (69.52) 2,230.50 Check 05/07/2015 4207 Jean Beaton completion of clubhouse decor - reimbursement for pruchases 88.78 2,319.28 Total 7210.00 Repairs & Maintenance 468.87 2,319.28 7212.00 Maintenance Payroll 1,380.88 Check 05/01/2015 4202 Argus Management of Venice/Payroll Kemper - 8 Hrs week end 05-01 172.61 1,553.49 Check 05/19/2015 4208 Argus Management of Venice/Payroll Kemper - 8 Hrs week end 05-15 169.88 1,723.37 Check 05/28/2015 4213 Argus Management of Venice/Payroll Kemper - 8 Hrs week end 05-29 169.88 1,893.25 Total 7212.00 Maintenance Payroll 512.37 1,893.25 7221.00 Telephone - Clubhouse 262.45 Check 05/15/2015 EBT Verizon 941-484-7949 Clubhouse Telephone (04/25/15-05/24/15) 65.66 328.11 Total 7221.00 Telephone - Clubhouse 65.66 328.11 Prepared By: Argus Management of Venice, Inc, Page 13
Type Date Num Name Transaction Ledger by Account As of May 31, 2015 Memo Amount Balance 7246.00 Activity Room Rent (12M)+Mant 4,000.00 Check 05/01/2015 4203 Courtyards at Gondola Park May Activity Room - 2015 1,000.00 5,000.00 Total 7246.00 Activity Room Rent (12M)+Mant 1,000.00 5,000.00 Total 7200.00 Building Maintenance 2,046.90 9,540.64 7300.00 Swimming Pool 3,135.48 7310.00 Pool Contract 1,560.00 Check 05/28/2015 4214 Aqua Doc Pool Clinic May Monthly Pool Service - inv 41632 390.00 1,950.00 Total 7310.00 Pool Contract 390.00 1,950.00 7310.01 Pool Supplies 1,575.48 Check 05/19/2015 4209 Florida Dept of Health Sarasota 2015/2016 - Pool Permit 58-60-01258 400.00 1,975.48 Total 7310.01 Pool Supplies 400.00 1,975.48 Total 7300.00 Swimming Pool 790.00 3,925.48 7500.00 Utilities 6,340.40 7510.00 Water/Reclaimed 1,703.16 Check 05/22/2015 EBT City of Venice 36930-27688 200 Capri Isles Blvd (03/16/15-04/20/15) 372.89 2,076.05 Total 7510.00 Water/Reclaimed 372.89 2,076.05 7520.00 Electric 4,637.24 Check 05/19/2015 EBT FP & L 80817-18267 101 Gondola Park DR # Clubhouse - (04/08/15-05/08/15) 506.30 5,143.54 Check 05/19/2015 EBT FPL 45835-96244 - 200 Gondola Dr #HSE - (04/08/15-05/08/15) 41.34 5,184.88 Check 05/23/2015 EBT FP & L - 1100 90181-81371 - 1100 Gondola Park Drive - (04/08/15-05/08/15) 39.19 5,224.07 Total 7520.00 Electric 586.83 5,224.07 Total 7500.00 Utilities 959.72 7,300.12 7800.00 Administration 8,566.77 7810.00 Ins Pkg + Pmt to Ctyds & Resids 5,023.94 Total 7810.00 Ins Pkg + Pmt to Ctyds & Resids 5,023.94 7825.00 Accounting/Legal 1,005.50 Check 05/19/2015 4211 Sharon S. VanderWulp, PA 04/16 - absent director and substitution of another person - statue prohibits proxy for directors 114.00 1,119.50 Total 7825.00 Accounting/Legal 114.00 1,119.50 Prepared By: Argus Management of Venice, Inc, Page 14
Type Date Num Name Transaction Ledger by Account As of May 31, 2015 Memo Amount Balance 7830.00 Corp Filing Fees 0.00 Check 05/01/2015 4204 Argus Management of Venice Division Fee / N30860 - Reimbursment 61.25 61.25 Total 7830.00 Corp Filing Fees 61.25 61.25 7870.00 Management Fee 892.00 Check 05/01/2015 4204 Argus Management of Venice May Management 223.00 1,115.00 Total 7870.00 Management Fee 223.00 1,115.00 7875.00 Supplies & Postage 997.55 Check 05/01/2015 4204 Argus Management of Venice April Administrative/postage 25.00 1,022.55 Total 7875.00 Supplies & Postage 25.00 1,022.55 7896.00 Contingency 647.78 Total 7896.00 Contingency 647.78 Total 7800.00 Administration 423.25 8,990.02 Total 7000.00 Disbursements 5,572.79 35,074.18 TOTAL 0.00 0.00 Prepared By: Argus Management of Venice, Inc, Page 15