Bayview Village Association

2005 Monthly Financial Report

Actuals

Budget

Year-to-Date

July

August

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

OPERATING FUNDS

Assessments

$115,500.00

$85,600.00

$27,300.00

$1,575.00

$25,750.00

$3,150.00

$27,825.00

Am. Marine Bank Checking

$16,000.00

$16,301.73

$16,301.73

$32,877.03

$25,905.99

$13,117.06

$30,851.26

$28,363.67

$19,586.89

Other

$3,180.01

$1,710.01

$150.00

$198.00

$1,122.00

GROSS OPERATING FUNDS

$131,500.00

$105,081.74

$43,601.73

$36,162.04

$26,055.99

$39,065.06

$35,123.26

$28,363.67

$47,411.89

$0.00

$0.00

$0.00

$0.00

$0.00

OPERATING EXPENSE

Landscape

Landscape Contract

$60,061.00

$28,848.35

$4,522.95

$4,893.83

$4,893.83

$4,522.95

$5,005.08

$5,009.71

Barking

$2,000.00

$0.00

Other

$4,050.00

$1,220.96

$396.65

$824.31

Utilities

Water

$8,500.00

$10,627.53

$4,302.52

$21.47

$4,968.47

$671.81

$663.26

Electricity

$500.00

$171.08

$24.79

$27.93

$29.71

$29.53

$28.89

$30.23

Cable

$18,559.00

$10,751.58

$1,535.94

$3,071.88

$1,535.94

$1,535.94

$1,535.94

$1,535.94

Administration

Insurance

$1,100.00

$1,013.00

$1,013.00

Office Supplies

$500.00

$163.02

$44.80

$3.32

$18.50

$96.40

Taxes

$35.00

$0.00

Legal/Professional

$500.00

$387.24

$387.24

Misc.

$200.00

$2,763.47

$158.95

$46.92

$61.00

$2,406.60

$90.00

Reserve Fund

FY05 Assessment Transfer ($85/House/QTR)

$18,700.00

$9,320.00

$4,420.00

$225.00

$3,000.00

$1,675.00

Transfer from checking acct.

$8,000.00

$0.00

TOTAL OPERATING EXPENSE

$122,705.00

$65,266.23

$10,724.70

$10,256.05

$12,938.93

$8,213.80

$6,759.59

$9,044.02

$7,329.14

$0.00

$0.00

$0.00

$0.00

$0.00

OPERATING ACCT. BALANCE

$8,795.00

$39,815.51

$32,877.03

$25,905.99

$13,117.06

$30,851.26

$28,363.67

$19,319.65

$40,082.75

$0.00

$0.00

$0.00

$0.00

$0.00

RESERVE FUNDS

Liquid Assets

Am. Marine Bank Reserve Acct.

$4,150.00

$4,150.58

$4,150.58

$6,070.58

$2,295.58

$2,020.31

$1,695.31

$1,695.31

$1,695.31

Teal Lake Pond Reimbursement

$930.00

$0.00

Transfer from Checking Account

$8,000.00

$0.00

FY05 Assessment Transfer ($85/HO/QTR)

$18,700.00

$9,320.00

$4,420.00

$225.00

$3,000.00

$1,675.00

TOTAL LIQUID RESERVE

$31,780.00

$13,470.58

$8,570.58

$6,295.58

$5,295.58

$3,695.31

$1,695.31

$1,695.31

$1,695.31

$0.00

$0.00

$0.00

$0.00

$0.00

RESERVE EXPENSES

Fences

$12,204.00

$10,957.91

$1,757.91

$4,000.00

$3,200.00

$2,000.00

Columns

$250.00

$0.00

Pond

$1,500.00

$0.00

Driveways

$2,500.00

$742.09

$742.09

Irrigation System Repair

$2,000.00

$0.00

Other

$1,000.00

$75.27

$75.27

TOTAL RESERVE EXPENSE

$19,454.00

$11,775.27

$2,500.00

$4,000.00

$3,275.27

$2,000.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

LIQUID RESERVE BALANCE

$12,326.00

$1,695.31

$6,070.58

$2,295.58

$2,020.31

$1,695.31

$1,695.31

$1,695.31

$1,695.31

$0.00

$0.00

$0.00

$0.00

$0.00

INVESTED RESERVE FUNDS

State Farm CD #1

$15,000.00

$15,000.00

$15,000.00

$15,024.43

$15,049.72

$15,075.04

$15,099.60

$15,125.01

$15,149.64

State Farm CD #2

$20,000.00

$20,000.00

$20,000.00

$20,051.87

$20,103.88

$20,156.02

$20,206.61

$20,259.02

$20,259.02

Interest

$920.00

$537.69

$76.30

$77.30

$77.46

$75.15

$77.82

$24.63

$129.03

TOTAL INVESTED RESERVE

$35,920.00

$35,537.69

$35,076.30

$35,153.60

$35,231.06

$35,306.21

$35,384.03

$35,408.66

$35,537.69

$0.00

$0.00

$0.00

$0.00

$0.00

RESERVE FUND BALANCE

$48,246.00

$37,233.00

$41,146.88

$37,449.18

$37,251.37

$37,001.52

$37,079.34

$37,103.97

$37,233.00

$0.00

$0.00

$0.00

$0.00

$0.00

Reserve Notes

Balance includes $9900 for pond maintenance