MCSHOA SUMMARY
RESULTS FOR SEPTEMBER 1, 2003 - SEPTEMBER 30, 2003
CHECKING ACCOUNT				9/30/2003		YTD
BEGINNING BAL, CHECKING				$  33,271.49		$  25,804.52
EXPENSES
	Lighting, Repairs/Electricity (paid in Oct.)			0.00		47.28
	Insurance			0.00		949.00
	Commons Maint. (Paid in Aug.)			0.00		5,311.48
	Misc. Expense					0.00
	Office Expense			89.71		563.86
	Transfer to CARF					0.00
	Annual Meeting/Events			0.00		44.50
	Fees, Dues			0.00		300.00
	Taxes			0.00		103.00
	Tree Rebate					0.00
	Tree Removal			0.00		1,390.00
TOTAL EXPENSES				89.71		8,709.12
INCOME
	Transfer from CARF			0.00		0.00
	Dues -			0.00		15,686.00
	Dividends			0.00		75.38
	Disclosure Packets			0.00		325.00
TOTAL INCOME				0.00		16,086.38
NET CHANGE				(89.71)		7,377.26
ENDING BAL., CHECKING				$  33,181.78		$  33,181.78
COMMON AREA RESERVE FUND ("CARF")				9/30/2003		YTD
BEGINNING BAL., CARF				$    9,558.45		$    9,529.96
ACTIVITY
	Dividends			0.00		28.49
	Transfer from CARF			0.00		0.00
NET CHANGE				0.00		28.49
ENDING BAL., CARF				$    9,558.45		$    9,558.45
TOTAL FUNDS				$  42,740.23		$  42,740.23