MCSHOA SUMMARY
RESULTS FOR NOVEMBER 1, 2002 - NOVEMBER 30, 2002
CHECKING ACCOUNT				11/30/2002		YTD
EXPENSES
	Lighting, Repairs/Electricity			$           8.87		$       190.12
	Insurance			$               -		$    1,681.00
	Commons Maint.			$       395.00		$    8,423.90
	Misc. Expense			$               -		$         51.36
	Office Expense			$         60.49		$       898.06
	Transfer to (from) Common Area Reserve Fund			$    2,000.00		$    2,000.00
	Annual Meeting/Events			$               -		$       172.43
	Fees, Dues			$               -		$       745.00
	Taxes			$               -		$       371.00
	Tree Rebate			$               -		$         30.00
	Tree Removal			$               -		$         95.00
TOTAL EXPENSES				$    2,464.36		$  14,657.87
INCOME
	Transfer from Common Area Reserve Fund			$               -		$    2,422.40
	Dues -			$               -		$  15,680.96
	Dividends			$         11.46		$       271.76
	Disclosure Packets			$         75.00		$       500.00
TOTAL INCOME				$         86.46		$  18,875.12
CHECKING ACCOUNT SUMMARY
		11/01/02 Opening Bal.		$  29,755.61							Double-check
		11/30/02 Ending Bal.		$  27,377.71							no problem
COMMON AREA RESERVE FUND SUMMARY
		11/01/02 Opening Bal.		$    7,518.69
		Plus Dividends		$           6.08
		Transfer from (to) Checking		$    2,000.00
		11/30/02 Ending Bal.		$    9,524.77