DOBSON ASSOCIATION, INC. Comparison August 2017/September 2017 Income & Expense Summary
Current Month September
August Revenues Homeowner Revenues Residential Assessments Allowance for Doubtful Accounts Commercial Assessments Transfer & Disclosure Fees Late Fees Legal Expense Fines Delinquent Interest Dishonored Check fees Collection Fees Dock Boat Slip Rentals CC&R Fines Rental Registration Fees Pontoon Boat Fees Other Homeowner Fees: License & ID Card Fee Escrow Rush Fees Total Homeowner Revenues
$ 228,921 $ (11,855) $ 763 $ 16,000 $ (1,293) $ 1,236 $ (384) $ 40 $ 2,242 $ $ 296 $ 625 $ $ 193 $ $ 236,784
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $
106 3,726 8,350 6,026 492 4,535 23,235
$ $ $ $ $ $ $ $
Total Revenues
$ 260,019
$
250,062
Operating Expenses Administration Board of Directors Lakes Landscaping Maintenance Preschool Recreation Utilities Watercraft Total Operating Expenses
$ 91,195 $ 433 $ 173 $ 29,619 $ 44,131 $ 4,764 $ 52,471 $ 25,340 $ 350 $ 248,476
$ $ $ $ $ $ $ $ $ $
85,874 2,137 30,504 32,679 4,451 26,269 22,172 204,085
Net Revenues after Expenses
$
$
45,977
Other Revenues Lake Park Village Water Revenue Interest on Operating Newsletter Advertising Recreation Programs Preschool Tuition Tennis Pro Facility Rental Total Other Revenues
FUND BALANCE : Asset Replacement Fund (Reserves) Capital Purchase Fund Water Conservation Fund
11,543
August 2017 $ 2,172,105 $ 466,083 $ 24,288
Comments
228,921 (8,138) 763 8,400 (168) 56 (2) 1,035 1,125 325 83 100 232,500
Increased to meet 50% of 90 day aging 21 homes closed in September ‐ down from 40 in August Waived late fees due to payment receipts or w/o's Attorney fees charged to HO accts due to collections Waived interest due to payment receipts or w/o's Atty costs charged to HO accts due to collections All slips have been paid through Dec. 2017 Posted fines due to non‐compliance 13 Rental Reg fees collected in Sept ‐ down from 25 collected in August
2 rush fees
77 4,022 6,886 5,060 (93) 1,610 17,562
September 2017 $ 2,167,362 $ 430,096 $ 22,738
Under budget for the month ‐ currently $15597 in prepaid advertising has been collected
Paid tax prep fees to Butler & Hansen