| McGuffey Park Home Owners' Association |
| Net Income
Recap |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Actual |
|
Actual |
|
Actual |
|
Actual |
|
Actual |
|
|
|
|
|
|
|
|
2005 |
|
2004 |
|
2003 |
|
2002 |
|
2001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
35,097.35 |
|
30,274.91
|
|
29,595.00 |
|
20,441.75 |
|
17,504.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Water |
|
|
|
|
|
281.09 |
|
259.03 |
|
208.36 |
|
185.71 |
|
200.92 |
|
|
Electric |
|
|
|
|
|
2,762.45 |
|
3,331.70 |
|
2,854.77 |
|
2,307.58 |
|
1,815.70 |
|
|
Phone |
|
|
|
|
|
403.12 |
|
361.96 |
|
331.77 |
|
377.08 |
|
287.05 |
|
|
Supplies |
|
|
|
|
|
743.63 |
|
242.05 |
|
256.65 |
|
326.52 |
|
799.02 |
|
|
Maintenance, Repair & Chemicals |
|
|
|
|
|
9,070.74 |
|
14,973.40
|
|
9,868.86
|
|
6,507.16 |
|
4,994.29 |
|
|
Sand Filters/Vacuum hoses |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,390.00 |
|
|
Pool Furniture |
|
|
|
|
|
1,466.82 |
|
|
|
|
|
|
|
|
|
|
Trash |
|
|
|
|
|
73.34 |
|
47.85 |
|
71.34 |
|
52.40 |
|
117.26 |
|
|
Salaries |
|
|
|
|
|
2,000.00 |
|
2,060.00
|
|
2,080.00 |
|
1,320.00 |
|
1,000.00 |
|
|
|
|
|
|
|
|
16,801.19
|
|
21,275.99
|
|
15,671.75
|
|
11,076.45
|
|
11,604.24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HOA Committee's |
|
|
|
|
|
|
|
|
|
|
|
74.42 |
|
182.84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Admin & Misc. (Postage, supplies etc.) |
|
|
|
|
|
893.33 |
|
932.48 |
|
1,119.12 |
|
630.54 |
|
418.81 |
|
|
Mowing Common Areas |
|
|
|
|
|
3,505.30 |
|
3,140.00 |
|
4,130.00 |
|
2,080.00 |
|
2,475.00 |
|
|
HOA Improvements |
|
|
|
|
|
3,048.99 |
|
|
|
2,003.00 |
|
548.50 |
|
1,123.75 |
|
|
Insurance |
|
|
|
|
|
2,823.32 |
|
3,369.50 |
|
3,215.00 |
|
2,967.00 |
|
2,759.00 |
|
|
Legal Fees* |
|
|
|
|
|
2,825.22
|
|
513.50 |
|
1,416.18 |
|
766.00 |
|
150.00 |
|
|
Taxes, Reg. & Acct. Fees |
|
|
|
|
|
140.00 |
|
95.00 |
|
|
|
|
|
15.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Expenses |
|
|
|
|
|
30,037.35 |
|
29,326.47 |
|
27,555.05 |
|
18,142.91 |
|
18,728.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income
(Loss) |
|
|
|
|
|
5,060.00 |
|
948.44
|
|
2,039.95 |
|
2,298.84 |
|
(1,224.14) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| * |
Dues related legal fees are included in legal
action total and reimbursed by resident or added to the lien total. Additional legal fees |
|
are incurred related to pool and other HOA
issues. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|