MCSHOA SUMMARY
RESULTS FOR NOVEMBER 1, 2003 - NOVEMBER 30, 2003
CHECKING ACCOUNT				11/30/2003		YTD
BEGINNING BAL, CHECKING				$  31,653.43		$  25,804.52
EXPENSES
	Lighting, Repairs/Electricity			6.03		65.32
	Insurance			0.00		949.00
	Commons Maint.			445.00		7,301.48
	Misc. Expense					0.00
	Office Expense			0.00		652.24
	Transfer to CARF					0.00
	Annual Meeting/Events			0.00		129.88
	Fees, Dues			0.00		300.00
	Taxes			0.00		103.00
	Tree Rebate					0.00
	Tree Removal			0.00		1,390.00
TOTAL EXPENSES				451.03		10,890.92
INCOME
	Transfer from CARF			0.00		0.00
	Dues -			0.00		15,842.00
	Dividends			0.00		96.80
	Disclosure Packets			0.00		350.00
TOTAL INCOME				0.00		16,288.80
NET CHANGE				(451.03)		5,397.88
ENDING BAL., CHECKING				$  31,202.40		$  31,202.40
COMMON AREA RESERVE FUND ("CARF")				11/30/2003		YTD
BEGINNING BAL., CARF				$    9,564.89		$    9,529.96
ACTIVITY
	Dividends			0.00		34.93
	Transfer from CARF			0.00		0.00
NET CHANGE				0.00		34.93
ENDING BAL., CARF				$    9,564.89		$    9,564.89
TOTAL FUNDS				$  40,767.29		$  40,767.29