MCSHOA SUMMARY
RESULTS FOR JUNE 1, 2002 - JUNE 30, 2002
CHECKING ACCOUNT				6/30/2002		YTD
EXPENSES
	Lighting, Repairs/Electricity			$           9.08		$       140.20
	Insurance			$               -		$    1,681.00
	Commons Maint.(2 cuttings, pond spraying, dogipots)			$    2,405.40		$    3,530.40					5/7 &5/22  cutting
	Misc. Expense			$               -		$         34.90
	Office Expense			$         62.70		$       411.38
	Transfer to (from) Common Area Reserve Fund			$               -		$               -
	Annual Meeting/Events			$               -		$         90.15
	Fees, Dues			$               -		$       695.00
	Taxes			$               -		$       371.00
	Tree Rebate			$               -		$         30.00
	Tree Removal			$               -		$               -
TOTAL EXPENSES				$    2,477.18		$    6,984.03
INCOME
	Transfer from Common Area Reserve Fund			$    1,655.40		$    1,655.40
	Dues -			$       234.00		$  15,323.46
	Dividends			$         32.24		$       159.74
	Disclosure Packets			$               -		$       325.00
TOTAL INCOME				$    1,921.64		$  17,463.60
CHECKING ACCOUNT SUMMARY
		06/01/02 Opening Bal.		$  34,195.57							Double-check
		06/30/02 Ending Bal.		$  33,640.03							no problem
COMMON AREA RESERVE FUND SUMMARY
		06/01/02 Opening Bal.		$    9,906.94
		Plus Dividends		$           8.08
		Transfer from (to) Checking		$   (1,655.40)
		06/30/02 Ending Bal.		$    8,259.62