| MCSHOA SUMMARY | ||||||||||
| RESULTS FOR SEPTEMBER 1, 2003 - SEPTEMBER 30, 2003 | ||||||||||
| CHECKING ACCOUNT | 09/30/03 | 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 | ||||||||
| Office Expense | 89.71 | 563.86 | ||||||||
| Annual Meeting/Events | 0.00 | 44.50 | ||||||||
| Fees, Dues | 0.00 | 300.00 | ||||||||
| Taxes | 0.00 | 103.00 | ||||||||
| Tree Removal | 0.00 | 1,390.00 | ||||||||
| TOTAL EXPENSES | 89.71 | 8,709.12 | ||||||||
| INCOME | ||||||||||
| 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") | 09/30/03 | YTD | ||||||||
| BEGINNING BAL., CARF | $9,558.45 | $9,529.96 | ||||||||
| ACTIVITY | ||||||||||
| Dividends | 0.00 | 28.49 | ||||||||
| NET CHANGE | 0.00 | 28.49 | ||||||||
| ENDING BAL., CARF | $9,558.45 | $9,558.45 | ||||||||
| TOTAL FUNDS | $42,740.23 | $42,740.23 | ||||||||