| MCSHOA SUMMARY | ||||||||||
| RESULTS FOR JUNE 1, 2003 - JUNE 30, 2003 | ||||||||||
| CHECKING ACCOUNT | 06/30/03 | YTD | ||||||||
| BEGINNING BAL, CHECKING | $35,870.38 | $25,804.52 | ||||||||
| EXPENSES | ||||||||||
| Lighting, Repairs/Electricity (pd in July) | 0.00 | 30.03 | ||||||||
| Insurance | 0.00 | 949.00 | ||||||||
| Commons Maint. (2 cuttings) | 890.00 | 2,165.78 | ||||||||
| Office Expense | 0.00 | 367.62 | ||||||||
| Annual Meeting/Events | 0.00 | 44.50 | ||||||||
| Fees, Dues | 0.00 | 275.00 | ||||||||
| Taxes | 0.00 | 103.00 | ||||||||
| Tree Removal | 0.00 | 1,390.00 | ||||||||
| TOTAL EXPENSES | 890.00 | 5,324.93 | ||||||||
| INCOME | ||||||||||
| Dues - | 468.00 | 14,841.00 | ||||||||
| Dividends | 15.54 | 43.33 | ||||||||
| Disclosure Packets | 150.00 | 250.00 | ||||||||
| TOTAL INCOME | 633.54 | 15,134.33 | ||||||||
| NET CHANGE | -256.46 | 9,809.40 | ||||||||
| ENDING BAL., CHECKING | $35,613.92 | $35,613.92 | ||||||||
| COMMON AREA RESERVE FUND ("CARF") | 06/30/03 | YTD | ||||||||
| BEGINNING BAL., CARF | $9,550.73 | $9,529.96 | ||||||||
| ACTIVITY | ||||||||||
| Dividends | 6.05 | 26.82 | ||||||||
| NET CHANGE | 6.05 | 26.82 | ||||||||
| ENDING BAL., CARF | $9,556.78 | $9,556.78 | ||||||||
| TOTAL FUNDS | $45,170.70 | $45,170.70 | ||||||||