DOBSON ASSOCIATION, INC. Current Month Comparison November 2017‐December 2017 Income & Expense Summary November Revenues Homeowner Revenues Residential Assessments $ 228,921 Allowance for Doubtful Accounts $ Commercial Assessments $ 763 Transfer & Disclosure Fees $ 12,800 Late Fees $ (200) Legal Expense Fines $ 63 Delinquent Interest $ Dishonored Check fees $ 20 Collection Fees $ 4,008 Dock Boat Slip Rentals $ CC&R Fines $ (1,212) Rental Registration Fees $ 325 Pontoon Boat Fees $ Other Homeowner Fees: License & ID Card Fees $ 108 Escrow Rush Fees $ 250 Total Homeowner Revenues $ 245,845 Other Revenues Lake Park Village Water Revenue Interest on Operating Newsletter Advertising Recreation Programs Preschool Tuition Tennis Pro Facility Rental Total Other Revenues
December
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
228,921 (6,413) 763 12,400 (150) 20 616 925 200 346 150 237,778
$ $ $ $ $ $ $ $
102 4,060 2,919 4,845 1,307 13,232
$ $ $ $ $ $ $ $
106 4,580 149 4,850 687 10,371
Total Revenues
$
259,078
$
248,149
Operating Expenses Administration Board of Directors Lakes Landscaping Maintenance Preschool Recreation Utilities Watercraft Total Operating Expenses
$ $ $ $ $ $ $ $ $ $
81,887 471 5,368 27,669 33,340 4,243 28,302 22,862 79 204,221
$ $ $ $ $ $ $ $ $ $
90,271 635 7,082 38,939 35,906 6,381 30,948 18,928 300 229,389
Net Revenues after Expenses
$
54,857
$
18,759
FUND BALANCE :
November 2017 Asset Replacement Fund (Reserves) $ 2,302,338 Capital Purchase Fund $ 414,071 Water Conservation Fund $ 21,114
Comments
December 2017 $ 2,275,535 $ 405,139 $ 20,032
50% of 90 day AR 31 home sales Reversal of fees due to payments received Attorney fees charged to HO accts due to collections Waived interest due to payment receipts or w/o's Attorney fees charged to HO accts due to collections All slips have been paid through Dec. 2017 Charges due to non‐compliance 8 Rental Reg fees collected
Under budget for the month ‐ currently $11736.60 in prepaid advertising has been collected
3 payrolls ‐ File Scanning ‐ Spirit Lighting ‐ Turkey Donation Aquatic Consulting ‐ Chemicals ‐ Delayed invoicing Trees/Shrubs ‐ Contract Labor ‐ 3 payrolls Pet Pickup's ‐ 3 payrolls 3 payrolls 3 payrolls