2011-Q3PL

Operating Statement

3rd Qtr. 2011

Income

Association Fees $ 47,632.10

Late Fee Income 2,016.10

Misc. Income 25.00

Interest Income 897.97

Transfer Fees 1,100.00

Legal Reimburse 592.90

Total Income $52,264.07

Expense

Accountant-Tax Prep $ 200.00

Utilities 1,132.60

Insurance 1,521.00

Repair & Maint. 1,600.00

Pond Maint. 5,982.98

Administrative Expense 146.25

Postage 900.00

Copies & Printing 514.59

Bank Charges 25.90

Management Fees 5,400.00

Legal Fees 16,817.75

Landscape Contract 13,548.61

Landscape - Other 1,079.30

Supplies 117.77

Property Taxes 5,622.82

Total Expense $54,609.57

Net Income $(2,345.50)