| MCSHOA SUMMARY | ||||||||||
| RESULTS FOR APRIL 1, 2003 - APRIL 30, 2003 | ||||||||||
| CHECKING ACCOUNT | 37,741.00 | YTD | ||||||||
| BEGINNING BAL, CHECKING | 28,612.93 | 25,804.52 | ||||||||
| EXPENSES | ||||||||||
| Lighting, Repairs/Electricity | 0.00 | 18.10 | ||||||||
| Insurance | 0.00 | 0.00 | ||||||||
| Commons Maint. | 0.00 | 673.21 | ||||||||
| Misc. Expense | 0.00 | 0.00 | ||||||||
| Office Expense | 0.00 | 282.89 | ||||||||
| Transfer to CARF | -10,289.00 | 0.00 | ||||||||
| Annual Meeting/Events | 0.00 | 44.50 | ||||||||
| Fees, Dues | 0.00 | 275.00 | ||||||||
| Taxes | 0.00 | 103.00 | ||||||||
| Tree Rebate | 0.00 | 0.00 | ||||||||
| Tree Removal | 0.00 | 0.00 | ||||||||
| TOTAL EXPENSES | -10,289.00 | 1,396.70 | ||||||||
| INCOME | ||||||||||
| Transfer from CARF | 0.00 | 0.00 | ||||||||
| Dues - | 0.00 | 14,373.00 | ||||||||
| Dividends | 6.68 | 27.79 | ||||||||
| Disclosure Packets | 0.00 | 100.00 | ||||||||
| TOTAL INCOME | 6.68 | 14,500.79 | ||||||||
| NET CHANGE | 10,295.68 | 13,104.09 | ||||||||
| ENDING BAL., CHECKING | 38,908.61 | 38,908.61 | ||||||||
| COMMON AREA RESERVE FUND ("CARF") | 37,741.00 | YTD | ||||||||
| BEGINNING BAL., CARF | 19,836.39 | 9,529.96 | ||||||||
| ACTIVITY | ||||||||||
| Dividends | 3.34 | 20.77 | ||||||||
| Transfer from CARF | -10,289.00 | 0.00 | ||||||||
| NET CHANGE | -10,285.66 | 20.77 | ||||||||
| ENDING BAL., CARF | 9,550.73 | 9,550.73 | ||||||||
| TOTAL FUNDS | $48,459.34 | $48,459.34 | ||||||||