| January | 2003 | |||
| Actual | Budget | |||
| REVENUE | ||||
| Association Fees | $ 25,200 | |||
| Interest Income | - | |||
| Initial Capital Fee | - | |||
| Total Revenue | 25,200 | |||
| EXPENSES | ||||
| Revel Fees | 784 | |||
| Printing and Other | 240 | |||
| Postage Other | 240 | |||
| Administrative Other | 240 | |||
| Legal Fees | - | |||
| Accounting/Professional | 1,616 | |||
| Bank Fees | 915 | |||
| Total Administrative | 4,035 | |||
| Insurance | 789 | |||
| Property Tax | 250 | |||
| Corporate Taxes | 350 | |||
| Total Insurance & Taxes | 1,389 | |||
| Electric | 300 | |||
| Trash Removal | - | |||
| Total Utilities | 300 | |||
| Maintenance-Discretionary | 2,479 | |||
| Mowing | 4,575 | |||
| Fertilizer and Weeds | 1,350 | |||
| Turf Program | - | |||
| Shrub & Tree Service | 2,012 | |||
| Flowers | 495 | |||
| Landscaping | 2,750 | |||
| Other Ground Maint. | 240 | |||
| Total Ground Maint | 13,901 | |||
| Total Expenses | 19,625 | |||
| NET INCOME / (LOSS) | $ 5,575 | |||