Print Status	Budget Category	2023 Budget Amount	Jan - Dec 23 Actuals	$ Over Budget	% of Budget	2024 Proposed Budget	Note
Summary	Profit/Loss
Summary	Assets
Summary	Balance Brought Forward	$ 53,181.00	$ 95,557.57			$ 96,000.00
Summary
Summary	Income
Detail	ASSOC. FEES
Detail	Bad Debt	$ -	$ -	$ -	0.0%	$ -	Moved from Expenses
Detail	Annual Dues	$ -	$ 14,380.00	$ 14,380.00	100.0%	$ 14,360.00
Detail	Monthly Maint.	$ 531,320.00	$ 516,960.00	$ (14,360.00)	97.3%	$ 516,960.00
Summary	Total ASSOC. FEES	$ 531,320.00	$ 531,340.00	$ 20.00	100.0%	$ 531,320.00
Detail	OTHER HOA INCOME
Detail	Clubhouse Rental	$ -	$ -	$ -	0.0%	$ 3,000.00
Detail	Polo Park Press-Advertising	$ -	$ 8,543.00	$ 8,543.00	100.0%	$ 7,000.00
Detail	Lawn Service		$ 375.00
Detail	Transfer fee		$ 10,050.00			$ 9,000.00
Detail	Estoppel Fee	$ -	$ 9,650.00	$ 9,650.00	100.0%	$ 9,000.00
Detail	Legal & Collection Costs Billed	$ -	$ 23,220.17	$ 23,220.17	100.0%	$ 2,000.00
Detail	Late Payment Fees	$ -	$ 3,511.80	$ 3,511.80	100.0%	$ 3,000.00
Detail	Misc. Income	$ -	$ 1,366.68	$ 1,366.68	100.0%	$ -
Detail	OTHER HOA INCOME - Other	$ 15,000.00	$ 156.00	$ (14,844.00)	1.04%	$ -
Summary	Total OTHER HOA INCOME	$ 15,000.00	$ 56,872.65	$ 41,872.65	379.15%	$ 33,000.00
Summary	Total Income	$ 546,320.00	$ 588,212.65	$ 41,892.65	107.67%	$ 564,320.00
Summary	Total Assets	$ 599,501.00	$ 683,770.22	$ 84,269.22	114.06%	$ 660,320.00
Summary
Summary	Expenses
Summary	Operating Expenses
Moved	Bad Debt						Moved to Income:ASS
Moved	Bank Service Charges						Moved to Office Supp
Moved	Contract Labor						Moved to M&R Comm
Detail	Electric
Detail	91397-4917 Certs	$ -	$ 1,142.39	$ 1,142.39	100.0%	$ 1,150.00
Detail	13473-28135 Maint Bldg	$ -	$ 442.20	$ 442.20	100.0%	$ 450.00
Detail	57294-96561 Chal Pool-GEO	$ -	$ 16,468.96	$ 16,468.96	100.0%	$ 17,000.00
Detail	01987-05029 -Pump Chall Ave Irr	$ -	$ 434.81	$ 434.81	100.0%	$ 500.00
Detail	01690-05038-CH-Blvd	$ -	$ 16,923.71	$ 16,923.71	100.0%	$ 17,500.00
Detail	49379-61525-FTN Chall-Pay $50	$ -	$ 600.00	$ 600.00	100.0%	$ 600.00
Detail	00105-93021-Chall Club House	$ -	$ 23,544.78	$ 23,544.78	100.0%	$ 25,000.00
Detail	004636748-3 GC WLS - 189 Jksn		$ -			$ -
Detail	53907-33539-FTN Menlo	$ -	$ 1,818.65	$ 1,818.65	100.0%	$ 2,000.00
Detail	88156-00552-Tennis Ct	$ -	$ 461.45	$ 461.45	100.0%	$ 500.00
Detail	94278-97424 Entrance	$ -	$ 543.32	$ 543.32	100.0%	$ 600.00
Detail	Electric - Other	$ 55,000.00	$ -	$ (55,000.00)	0.0%
Summary	Total Electric	$ 55,000.00	$ 62,380.27	$ 7,380.27	113.42%	$ 65,300.00
Moved	Golf Course HOA Contribution						Renamed and moved t
Detail	Insurance
Detail	Liability	$ -	$ 64,180.39	$ 64,180.39	100.0%	$ 65,000.00
Detail	Work Comp	$ -	$ 3,523.00	$ 3,523.00	100.0%	$ 4,000.00
Detail	Insurance - Other	$ 75,000.00	$ -	$ (75,000.00)	0.0%
Summary	Total Insurance	$ 75,000.00	$ 67,703.39	$ (7,296.61)	90.27%	$ 69,000.00
Moved	Interest Expense						Removed from 2024 B
Moved	Janitorial Supplies						Moved to M&R Comm
Moved	License and Permit Fees						Moved to Office Supp

Print Status	Budget Category	2023 Budget Amount	Jan - Dec 23 Actuals	$ Over Budget	% of Budget	2024 Proposed Budget	Note
Moved	M&R Club House						Moved to M&R Comm
Detail	M&R Common Areas
Detail	Flock Group		$ 3,150.00			$ 2,500.00	New for 2024
Detail	M & R Blvd Clubhouse		$ 44.67			$ 75.00
Detail	M&R Challenger Club House
Detail	Trash pick up	$ -	$ 16,582.11	$ 16,582.11	100.0%	$ 16,500.00
Detail	M&R Challenger Club House - Other	$ 25,000.00	$ 10,512.41	$ (14,487.59)	42.05%	$ 15,000.00
Detail	Total M&R Challenger Club House	$ 25,000.00	$ 27,094.52	$ 2,094.52	108.38%	$ 31,500.00	Moved to be part of M
Detail
Detail	M & R Challenger Pool	$ 50,000.00	$ 52,781.02	$ 2,781.02	105.56%	$ 50,000.00
Detail	M & R Blvd Pool		$ 2,011.41			$ 2,000.00
Detail	Contract Labor	$ 1,000.00	$ -	$ (1,000.00)	0.0%		Moved to be part of M
Detail	Janitorial Supplies	$ 3,500.00	$ 4,552.03	$ 1,052.03	130.06%	$ 5,000.00	Moved to be part of M
Detail	Wood Shop	$ -	$ 685.09	$ 685.09	100.0%	$ 1,000.00
Detail	Lawn Service expense	$ -	$ 21,569.47	$ 21,569.47	100.0%	$ 6,000.00
Detail	99 Club Car Utility Cart		$ 1,418.86			$ -
Detail	Zero Turn Mower	$ -	$ -	$ -	0.0%	$ -
Detail	M&R Common Areas - Other	$ 40,000.00	$ 22,073.10	$ (17,926.90)	55.18%	$ 27,000.00
Summary	Total M&R Common Areas	$ 119,500.00	$ 135,380.17	$ 15,880.17	113.29%	$ 125,075.00	Renamed from M&R C
Detail
Summary	M&R Equip (In Clubhouses)	$ 10,000.00	$ 22,346.46	$ 12,346.46	223.47%	$ 6,000.00	Renamed from M&R E
Summary	M&R Ponds	$ 5,000.00	$ 4,291.86	$ (708.14)	85.84%	$ 4,500.00
Moved	M&R Pools						Moved to M&R Challen
Summary	M&R Tennis,ShflBd,Billi,Bocci	$ 1,000.00	$ -	$ (1,000.00)	0.0%	$ 500.00	Renamed from M&R C
Detail	M&R Truck
Detail	Gas & Oil	$ -	$ 916.16	$ 916.16	100.0%	$ 1,200.00
Detail	Repairs & Misc.	$ -	$ 400.32	$ 400.32	100.0%	$ 600.00
Detail	M&R Truck - Other	$ 1,500.00	$ -	$ (1,500.00)	0.0%	$ -
Summary	Total M&R Truck	$ 1,500.00	$ 1,316.48	$ (183.52)	87.77%	$ 1,800.00
Detail
Summary	Miscellaneous	$ 2,500.00	$ -	$ (2,500.00)	0.0%	$ -	Removed from 2024 B
Summary	Newspaper Printing	$ 10,000.00	$ 10,997.99	$ 997.99	109.98%	$ 11,000.00	Renamed from Copy a
Detail	Office Supp & Equip
Detail	Dues and Subscriptions	$ -	$ 1,809.60	$ 1,809.60	100.0%	$ 2,000.00
Detail	Copy & Printing Fees	$ -	$ 2,828.83	$ 2,828.83	100.0%	$ 4,000.00
Detail	Bank Service Charges	$ -	$ 12.00	$ 12.00	100.0%	$ -	Moved to be part of Of
Detail	Reconciliation Discrepancies		$ 4,165.69			$ -
Detail	Payroll Service Fees	$ 4,500.00	$ 4,345.28	$ (154.72)	96.56%	$ 4,500.00
Detail	Refund	$ -	$ -	$ -	0.0%	$ -
Detail	Licenses, Permits and Fees	$ 1,200.00	$ 947.73	$ (252.27)	78.98%	$ 1,000.00
Detail	Postage	$ -	$ 2,012.52	$ 2,012.52	100.0%	$ 3,000.00
Detail	Office Equipment Lease	$ -	$ -	$ -	0.0%	$ -
Detail	Office S&E - Association	$ -	$ 3,974.05	$ 3,974.05	100.0%	$ 4,500.00
Detail	Office Supp & Equip - Other	$ 15,000.00	$ -	$ (15,000.00)	0.0%	$ -
Summary	Total Office Supp & Equip	$ 20,700.00	$ 20,095.70	$ (604.30)	97.08%	$ 19,000.00	Renamed from Office S
Detail
Detail	Payroll Tax Expense
Detail	FUTA 940	$ -	$ 257.13	$ 257.13	100.0%	$ 300.00
Detail	Medicare 94l	$ -	$ 1,612.88	$ 1,612.88	100.0%	$ 1,800.00
Detail	Social Security 941	$ -	$ 6,896.04	$ 6,896.04	100.0%	$ 8,000.00
Detail	SUIFL	$ -	$ 42.86	$ 42.86	100.0%	$ 100.00
Detail	Payroll Tax Expense - Other	$ 10,000.00	$ -	$ (10,000.00)	0.0%

Print Status	Budget Category	2023 Budget Amount	Jan - Dec 23 Actuals	$ Over Budget	% of Budget	2024 Proposed Budget	Note
Summary	Total Payroll Tax Expense	$ 10,000.00	$ 8,808.91	$ (1,191.09)	88.09%	$ 10,200.00
Moved	Payroll Service Fees						Moved to Office Supp
Detail
Detail	Payroll Wage Expense
Detail	Code Enforcement	$ -	$ -	$ -	0.0%	$ -
Detail	Bookkeeper	$ -	$ 39,959.63	$ 39,959.63	100.0%	$ 50,000.00
Detail	Common Ground	$ -	$ 71,845.86	$ 71,845.86	100.0%	$ 71,000.00
Detail	Payroll Wage Expense - Other	$ 110,000.00	$ -	$ (110,000.00)	0.0%	$ -
Summary	Total Payroll Wage Expense	$ 110,000.00	$ 111,805.49	$ 1,805.49	101.64%	$ 121,000.00
Detail
Detail	Professional Fees
Detail	Accounting	$ -	$ 9,465.00	$ 9,465.00	100.0%	$ 12,000.00	Moved to be under Pro
Detail	Legal Fees	$ -	$ 18,791.54	$ 18,791.54	100.0%	$ 20,000.00	Moved to be under Pro
Detail	Professional Fees - Other	$ 30,000.00	$ -	$ (30,000.00)	0.0%	$ -
Summary	Total Professional Fees	$ 30,000.00	$ 28,256.54	$ (1,743.46)	94.19%	$ 32,000.00
Moved	Professional Fees: Accounting						Moved to Professions
Moved	Professional Fees: Legal						Moved to Professions
Moved	Surveying						Removed from 2024 B
Summary	Taxes	$ 500.00	$ -	$ (500.00)	0.0%	$ -	Removed from 2024 B
Detail	Telephone
Detail	420-0862-BLVD	$ -	$ 2,096.30	$ 2,096.30	100.0%	$ 3,000.00
Detail	420-1591-OFFICE	$ -	$ 5,379.60	$ 5,379.60	100.0%	$ 6,000.00
Detail	420-4071-FAX/INTERNET	$ -	$ 1,829.27	$ 1,829.27	100.0%	$ 2,500.00
Detail	420-4301-BLVD	$ -	$ -	$ -	0.0%	$ 3,000.00
Detail	420-4302-CHALL	$ -	$ 3,573.29	$ 3,573.29	100.0%	$ 3,600.00
Detail	Telephone - Other	$ 10,600.00	$ -	$ (10,600.00)	0.0%	$ -
Summary	Total Telephone	$ 10,600.00	$ 12,878.46	$ 2,278.46	121.5%	$ 18,100.00
Summary	Uncategorized Expenses	$ -	$ -	$ -	0.0%	$ -
Detail	Water
Detail	44085-BLVD	$ 15,000.00	$ 5,489.88	$ (9,510.12)	36.6%	$ 6,000.00
Detail	76979-BUFF	$ -	$ 410.28	$ 410.28	100.0%	$ 1,000.00
Detail	82443-CHALL	$ -	$ 3,487.74	$ 3,487.74	100.0%	$ 10,000.00
Summary	Total Water	$ 15,000.00	$ 9,387.90	$ (5,612.10)	62.59%	$ 17,000.00
Summary	Total Operating Expenses	$ 476,300.00	$ 495,649.62	$ 19,349.62	104.06%	$ 500,475.00
Summary
Summary	Transfers
Summary	Operating Transfers to Golf	$ 47,000.00	$ 40,000.00	$ (7,000.00)	85.11%	$ 47,000.00	Moved to Transfers an
Summary	Donations - To Reserves	$ 60,000.00	$ 60,000.00	$ -	100.0%	$ 100,000.00
Summary	Total Transfers	$ 107,000.00	$ 100,000.00	$ (7,000.00)	93.46%	$ 147,000.00
Summary
Summary	Total Expenses	$ 583,300.00	$ 595,649.62	$ 12,349.62	102.12%	$ 647,475.00
Summary
Summary	Net Profit/Loss	$ 16,201.00	$ 88,120.60			$ 12,845.00