Sudden Valley Community Association Balance Sheet November ...suddenvalley.com/wp-content/uploads/2016-11... · 12/9/2016 Unaudited Audited Nov 30, 2016 Dec 31, 2015 Inc / (Dec) Current

12/9/2016

Unaudited AuditedNov 30, 2016 Dec 31, 2015 Inc / (Dec)

Current AssetsOperating Cash 222,648$ 97,038$ 125,610$ Building Completion Deposit Fund 105,750 46,500 59,250 Member Receivables 3 92 (89) Other Receivables 625 3,043 (2,418) Prepaid Expenses 69,451 50,009 19,442 Inventory 3,932 7,748 (3,816)

Total Current Assets 402,409 204,430 197,979

Current LiabilitiesAccounts Payable (78,510) (83,221) 4,711Prepaid Assessments (124,628) (115,046) (9,582) Building Completion Deposits (105,750) (46,500) (59,250) Other Refundable Deposits (5,613) (5,663) 50 Prepaid Golf Memberships (9,931) (35,648) 25,717

Total Current Liabilities (324,432) (286,078) (38,354)

Net Operating Assets 77,977$ (81,648)$ 159,625$

Capital Reserve FundsCRRRF Reserve Fund 1,156,576 1,175,067 (18,491)Roads Reserve Fund 1,450,043 1,294,236 155,807 Density Reduction Fund 153,494 146,833 6,661 Mailbox Fund 4,835 4,422 413 Capital Reserve Holding Fund 55,165 - 55,165

Total Capital Reserve Funds 2,820,113 2,620,558 199,555

Operating Reserve FundsEmergency Operating Cash 351,228 350,952 276 Undesignated Reserves 197,035 60,565 136,470

Total Operating Reserves 548,263 411,517 136,746

Capital AssetsFixed Assets 8,747,480 8,454,573 292,907 Lots Held for Sale 248,635 248,635 -

Total Capital Assets 8,996,115 8,703,208 292,907

Long Term LiabilitiesCapital Lease (70,940) (98,941) 28,001

Total Long Term Liabilities (70,940) (98,941) 28,001

NET ASSETS 12,371,528$ 11,554,694$ 816,834$

Member EquityCurrent Year Net Income: Operations $186,766 ($479,078) $665,844Current Year Net Income: Capital 630,068 503,836 126,232 Retained Earnings 4,321,295 4,800,373 (479,078) Capital 7,233,399 6,729,563 503,836

TOTAL MEMBER EQUITY 12,371,528$ 11,554,694$ 816,834$

* The Association's policy is to write off any member receivables that are 30 days past due as bad debts for accounting and Federal non-profit reporting purposes. As per SVCA policy, Management continues to pursue collection of these receivables via all avenues allowed by Washington State laws. In addition, the Association records and bills finance charges on receivables that are thirty days past due at 1% per month. At November 30, 2016, and December 31, 2015, the balance of receivables written off under this policy were respectively, $1,033,505 and $1,091,498.

Member Equity

Sudden Valley Community AssociationBalance Sheet

November 30, 2016 and December 31, 2015

Operations

12/9/2016

UNAUDITED

Operations

OperationsBetter / (Worse)

Spending Plan Reserves Operations

OperationsBetter / (Worse)

Spending Plan Coll % ReservesREVENUE

Current Year Dues & Assessments IncomeDues & Assessments Income 130,405$ 111,593$ 1,395,168$ 1,162,932$ Bad Debt Reserve (3,113) 1,758 (77,042) (50,755)

Net Current Year Assessment Income 127,292$ 9,103$ 113,351$ 1,318,126$ 59,344$ 94.5% 1,112,177$ Bad Debt Recorveries - Prior Years* 3,561 221,377 Golf Income 18,951 10,051 - 708,310 (52,460) - Marina Income - - - 107,378 (7,588) - Legal & Collections Income - - 9,108 - - 68,711 Other Income 2,591 (2,159) 15,758 151,741 99,492 68,309 Rental Income - Other 3,494 1,153 - 42,359 16,608 - Rental Income- Area Z 1,387 121 - 18,969 5,036 - Investment Income 11 (49) 318 172 (488) 2,902

Total Revenue 153,726$ 18,220$ 142,096$ 2,347,055$ 119,944$ 1,473,476$

EXPENSESSalaries & Benefits 89,801$ 6,597$ -$ 1,072,331$ 41,596$ -$ Contracted & Professional Services 10,856 (2,938) 1,578 203,842 (65,360) 74,836 CC&Rs/ Mandates 22,208 (897) 1,675 263,454 (1,291) 16,669 Maintenance & Landscaping 13,201 3,925 - 241,202 (9,158) - Utilities 2,814 8,076 - 101,782 24,973 - Administrative 6,346 (2,251) - 106,385 (20,916) - Regulatory Compliance 1,004 4,042 55 82,137 8,304 3,642 Insurance Premiums 8,686 (781) - 88,157 (1,205) - Other Expenses - - - 999 - - Capital Lease Interest Expense - - 287 - - 1,480 Depreciation Expense - - 67,879 - - 746,781

Total Expenses 154,916$ 15,773$ 71,474$ 2,160,289$ (23,057)$ 843,408$

Net Income (Loss) (1,190)$ 33,993$ 70,622$ 186,766$ 96,887$ 630,068$

*Prior year recoveries for operations are deposited into the Undesignated Reserve Account (UDR) and reported in the Reserves column.

Year to Date - 11 Months Ending 11/30/2016Current Month - November 2016

Sudden Valley Community AssociationIncome Statement Summary

Sudden Valley Community AssociationReserve Cash Balance & Activity11 Months Actual, 1 Month Projected

UNAUDITED

CRRRF Roads Capital Reserve

Holding Fund Density

Reduction Mailbox Emergency Ops UDR Totals

Net Available Cash 12/31/2015 1,175,067 1,294,236 - 146,833 4,422 350,952 60,565 3,032,075

Dues Received 497,254 679,487 55,163 16 412 - 214,333 1,446,665 Storm Water Mitigation Plan Income 3,000 3,000 Investment Income 1,010 1,416 2 107 1 276 89 2,901 Sale of Assets 1,400 8,745 10,145 Legal Settlement Income 22,945 9,698 32,643 2016 Expenditures (541,100) (528,096) - (2,207) (87,650) (1,159,053)

Net Available Cash at 11/30/2016 1,156,576 1,450,043 55,165 153,494 4,835 351,228 197,035 3,368,376

Mitigation Assignment (7,277) (30,996) (38,273)

1 Month OutlookOutlook - 2016 Dues (90% collections) 40,453 54,911 95,364 Outlook - Prior Year Collections 19 18 - 11 1,659 1,707 Outlook - Other Cash - - Obligated Expenses (399,100) (215,118) (32,493) (646,711)

Net Usable Cash Balance 12/31/2016 797,948 1,282,577 55,165 122,498 4,846 351,228 166,201 2,780,463

Board Recommended Carryover Balance* (750,000) (500,000) (1,250,000)

Net Usable Cash 12/31/2016, After Motions 47,948 782,577 55,165 122,498 4,846 351,228 166,201 1,530,463

Net Current Year Cash Increase (Decrease) (377,119) (11,659) 55,165 (24,335) 424 276 105,636 (251,612)

*CRRRF Board Recommended Carryover balance changes to $600,000 on 01/01/2017.

12/9/201612:18 PM

Sudden Valley Community AssociationOperations - By Department Whole $

November 1, 2016 to November 30, 2016

CURRENT MONTH

Actual UNAUDITED Revenue Actual Salary / Benefits Actual Other Exp Net Net

Actual Better / (Worse) Salary Better / (Worse) Other Better / (Worse) Income / Better / (Worse)Department Revenue Than Spending Plan Benefits Than Spending Plan Expense * Than Spending Plan * (Loss) * Than Spending Plan*

ACC / Security (1,126)$ (1,701)$ 4,568$ 2,861$ 16,121$ 1,223$ (21,815)$ 2,383$ Accounting 3,278 1,612 12,604 4,588 2,854 1,447 (12,180) 7,647 Administration 740 606 25,344 (4,096) 8,083 (2,652) (32,687) (6,142) Common Costs (289) (2,724) - - 17,265 269 (17,554) (2,455) Facilities 4,780 1,173 2,879 1,344 6,598 5,272 (4,697) 7,789 Maintenance - - 14,430 1,998 5,797 (3,394) (20,227) (1,396)

Subtotal 7,383 (1,034) 59,825 6,695 56,718 2,165 (109,160) 7,826 Golf 18,951 10,051 29,976 (98) 9,955 4,822 (20,980) 14,775 Marina 100 100 - - 390 241 (290) 341 Pools - - - - (1,948) 1,948 1,948 1,948

Subtotal 26,434 9,117 89,801 6,597 65,115 9,176 (128,482) 24,890

Ops Dues Earned 130,405 130,405 Curr Yr Bad Debts Activity (3,113) (3,113) Net Ops Dues 127,292 9,103 127,292 9,103

Net Operations 153,726$ 18,220$ 89,801$ 6,597$ 65,115$ 9,176$ (1,190)$ 33,993$

YEAR TO DATE

Actual UNAUDITED Revenue Actual Salary / Benefits Actual Other Exp Net Net

Actual Better / (Worse) Salary Better / (Worse) Other Better / (Worse) Income / Better / (Worse)Department Revenue Than Spending Plan Benefits Than Spending Plan Expense * Than Spending Plan * (Loss) * Than Spending Plan*

ACC / Security 56,735$ 50,410$ 46,078$ 11,525$ 243,699$ (19,113)$ (233,042)$ 42,822$ Accounting 37,316 18,983 162,117 34,606 73,771 (26,187) (198,572) 27,402 Administration 7,119 5,652 243,257 (12,522) 123,077 (25,296) (359,215) (32,166) Common Costs 44,969 18,184 - - 216,999 10,369 (172,030) 28,553 Facilities 58,462 18,778 36,983 11,277 118,405 20,963 (96,926) 51,018 Maintenance 1,248 1,248 160,186 (18,680) 53,304 (20,010) (212,242) (37,442)

Subtotal 205,849 113,255 648,621 26,206 829,255 (59,274) (1,272,027) 80,187 Golf 708,310 (52,460) 423,710 15,390 237,764 8,531 46,836 (28,539) Marina 112,225 (2,741) - - 9,947 (2,917) 102,278 (5,658) Pools 2,546 2,546 - - 10,993 (10,993) (8,447) (8,447)

Subtotal 1,028,930 60,600 1,072,331 41,596 1,087,959 (64,653) (1,131,360) 37,543

Ops Dues Earned 1,395,168 1,395,168 Curr Yr Bad Debts Activity (77,042) (77,042) Net Ops Dues 1,318,126 59,344 1,318,126 59,344

Net Operations 2,347,056$ 119,944$ 1,072,331$ 41,596$ 1,087,959$ (64,653)$ 186,766$ 96,887$

Net UDR Activity for Operations

- - - - 29,228 - (29,228) -

2,347,056$ 119,944$ 1,072,331$ 41,596$ 1,117,187$ (64,653)$ 157,538$ 96,887$

Snow Supplies, ACC Staff, & GM Recruiting Exp Net

Operations with UDR

* Excludes Depreciation

12/9/2016

12/9/2016

Sudden Valley Community AssociationOperations Income Statement

November 1, 2016 to November 30, 2016

UNAUDITED

2016 November Actuals

2016 MTDB / (W) Spending

Plan

2016 YTD (11 Months)

Actuals

2016 YTD B / (W) Spending

Plan

REVENUE

Dues and Assessment Income- Ops 127,292$ 9,103$ 1,318,126$ 59,344$ Golf Income 18,951 10,051 708,310 (52,460) Marina Income - - 107,378 (7,588) Rental Income - Area Z 1,387 121 18,969 5,036 Rental Income - Other 3,494 1,153 42,359 16,608 Other AR Income 5,832 1,216 70,180 19,397 Other Income (3,241) (3,375) 81,562 80,095 Investment Income 11 (49) 172 (488)

Total Revenue 153,726$ 18,220$ 2,347,056$ 119,944$

EXPENSES

Salaries & BenefitsGolf 29,976$ (98)$ 423,710$ 15,390$ Administration 25,344 (4,096) 243,257 (12,522) Accounting 12,604 4,588 162,117 34,606 Maintenance 14,430 1,998 160,186 (18,680) ACC / Security 4,568 2,861 46,078 11,525 Facilities 2,879 1,344 36,983 11,277

Total Salaries & Benefits 89,801$ 6,597$ 1,072,331$ 41,596$

Other ExpensesAdministrative General Administrative 11$ 30$ 532$ 1,826$ Bank Charges & Fees 1,390 (592) 19,088 (2,668) Dues & Subscriptions 1,366 (1,063) 19,562 (1,794) Office Supplies 1,266 49 22,120 (7,655) GM Discretionary Funds - 250 3,635 (885) Advertising Costs 567 (367) 12,864 (464) Cash Over/Short - - 122 (122) Currency Gain/Loss 28 (28) 870 (870) Events Charges - - 2,200 (2,200) Printing & Copying 496 32 10,421 (669) Training & Conferences 441 (232) 6,550 (1,958) Payroll Service Fees 573 (122) 7,757 (2,793) Cashiering Clearing Account 208 (208) 664 (664)

Total Administrative 6,346$ (2,251)$ 106,385$ (20,916)$

Regulatory ComplianceHazardous Tree Removal/ Pruning -$ 1,871$ 11,374$ 2,491$ Permits & Licenses 370 (370) 3,205 264 Audit & Tax Services - 2,666 27,000 2,333 Regulatory Compliance 211 12 2,423 533 Federal Income Tax - - - - State B&O Tax 423 (137) 8,531 (2,213) Property/Real Estate Tax - - 29,604 4,896

Total Regulator Compliance 1,004$ 4,042$ 82,137$ 8,304$

CC&Rs/ MandatesAnnual General Meeting 1,283$ (1,283)$ 16,483$ (4,283)$ Special General Meeting - - 12,082 1 Board Support 786 (620) 2,756 (923) Collection Charges (123) 123 - - Transfer Fees - 34 - 367

12/9/2016

12/9/2016

UNAUDITED

2016 November Actuals

2016 MTDB / (W) Spending

Plan

2016 YTD (11 Months)

Actuals

2016 YTD B / (W) Spending

PlanLien Charges - - - - Web Site Maintenance 116 (63) 4,510 (4,019) Postage 122 256 3,294 980 Postage- Views 995 5 14,549 (3,549) Newsletter Services 4,112 672 42,181 10,436 Professional Security Services 14,917 (21) 167,599 (301)

Total CC&Rs/ Mandates 22,208$ (897)$ 263,454$ (1,291)$

Insurance Premiums 8,686$ (781)$ 88,157$ (1,205)$

UtilitiesUtilities (4,486)$ 4,486$ (3,950)$ 3,950$ Utilities- Natural Gas 810 (309) 8,944 (941) Utilities- Water & Sewer 250 2,397 24,338 4,761 Utilities- Electricity 2,788 1,640 36,939 16,256 Utilities- Trash & Recycling Service 1,067 (40) 9,707 1,587 Utilities- Communications Service 2,385 (98) 25,804 (640)

Total Utilities 2,814$ 8,076$ 101,782$ 24,973$

Maintenance & LandscapingLandscape R&M -$ 3,000$ 44,250$ (18,950)$ Building R&M 2,104 1,966 30,341 16,565 Raw Materials 1,455 (455) 19,765 885 Raw Materials: Sand & Gravel 400 (400) 15,476 (176) Janitorial Supplies 533 321 9,810 (423) Equipment R&M 4,748 (764) 46,209 (6,392) Small Tools & Equipment 240 (140) 6,633 (1,633) Vehicle R&M 316 574 14,096 (2,235) Vehicle Fuel 2,070 (354) 28,442 6,991 Other Supplies 478 634 20,378 (2,288) Other R&M 857 (457) 5,802 (1,502)

Total Maintenance & Landscaping 13,201$ 3,925$ 241,202$ (9,158)$

Contracted & Professional ServicesEquipment Lease & Rental 644$ (257)$ 8,498$ 2,186$ IT Support and Services 2,744 6 35,452 (359) Uniform and Laundry Service 284 81 4,580 310 Pool Management - - 13,529 (13,529) Safety & Security Services 588 (338) 15,694 (2,732) Snow Removal Services - - - - Storm Response Tree Removal - - 3,906 3,894 ACC Consultant 100 (100) 32,150 (32,150) Reserve Study & Update - - - - Legal Services 3,553 613 44,297 1,536 Other Professional Services 2,943 (2,943) 45,736 (24,516)

Total Contracted & Professional Services 10,856$ (2,938)$ 203,842$ (65,360)$

Other ExpensesVandalism -$ -$ 1,000$ -$

Total Other Expenses -$ -$ 1,000$ -$

Total Other Expenses 65,115$ 9,176$ 1,087,959$ (64,653)$

Total Operations Expenses 154,916$ 15,773$ 2,160,290$ (23,057)$

Net Operations Income (Loss) (1,190)$ 33,993$ 186,766$ 96,887$

* Excludes Depreciation

Sudden Valley Community Association

Income Statement Report

Common CostsNovember 01, 2016 thru November 30, 2016

Variance Actual Budget Current Period

Actual Budget Year to Date (11 months)

Variance Budget Annual

Remaining Budget

Income

Dues and Assessment Income- Ops

4002 - Member Assessments 2016 (915.96)131,321.00 130,405.04 1,395,167.59 1,398,646.00 (3,478.41) 1,529,966.00 134,798.41

4003 - BD Expense- 2016 Ops 10,019.35 (13,132.00)(3,112.65) (77,041.64) (139,864.00) 62,822.36 (152,998.00) (75,956.36)

127,292.39 118,189.00 9,103.39 1,318,125.95 1,258,782.00 59,343.95 Total Dues and Assessment Income- Ops 1,376,968.00 58,842.05

Other AR Income

4830 - Advertising Income 609.95 2,375.00 2,984.95 30,281.45 26,125.00 4,156.45 28,500.00 (1,781.45)

4831 - BD Expense- Views Ads 309.00 0.00 309.00 476.50 0.00 476.50 0.00 (476.50)

4842 - Member Donation Income Monthly 0.00 0.00 0.00 397.80 0.00 397.80 0.00 (397.80)

3,293.95 2,375.00 918.95 31,155.75 26,125.00 5,030.75 Total Other AR Income 28,500.00 (2,655.75)

Other Income

4610 - Timber Income 0.00 0.00 0.00 6,723.40 0.00 6,723.40 0.00 (6,723.40)

4840 - Non-Taxable Income (3,594.60)0.00 (3,594.60) 6,917.99 0.00 6,917.99 0.00 (6,917.99)

(3,594.60) 0.00 (3,594.60) 13,641.39 0.00 13,641.39 Total Other Income 0.00 (13,641.39)

Investment Income

4900 - Interest Earned - Operating Accounts (48.71)60.00 11.29 172.34 660.00 (487.66) 720.00 547.66

11.29 60.00 (48.71) 172.34 660.00 (487.66)Total Investment Income 720.00 547.66

127,003.03 120,624.00 6,379.03 1,363,095.43 1,285,567.00 77,528.43 Total Common Costs Income 1,406,188.00 43,092.57

Expense

Administrative

4999 - Cashiering Clearing Account 207.99 0.00 207.99 664.31 0.00 664.31 0.00 (664.31)

5015 - Bank Charges & Fees 0.00 0.00 0.00 220.37 0.00 220.37 0.00 (220.37)

5120 - Cash Over/Short 0.00 0.00 0.00 2.06 0.00 2.06 0.00 (2.06)

5121 - Currency Gain/Loss 28.14 0.00 28.14 870.01 0.00 870.01 0.00 (870.01)

236.13 0.00 236.13 1,756.75 0.00 1,756.75 Total Administrative 0.00 (1,756.75)

Regulatory Compliance

9005 - State B&O Tax 2.62 12.00 14.62 171.88 127.00 44.88 138.00 (33.88)



Common CostsNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense


9015 - Property/Real Estate Tax 0.00 0.00 0.00 29,603.59 34,500.00 (4,896.41) 34,500.00 4,896.41

14.62 12.00 2.62 29,775.47 34,627.00 (4,851.53)Total Regulatory Compliance 34,638.00 4,862.53

CC&Rs/ Mandates

5216 - Postage- Views (4.68)1,000.00 995.32 14,549.37 11,000.00 3,549.37 12,000.00 (2,549.37)

5225 - Newsletter Services (671.75)4,784.00 4,112.25 42,180.83 52,617.00 (10,436.17) 57,400.00 15,219.17

5,107.57 5,784.00 (676.43) 56,730.20 63,617.00 (6,886.80)Total CC&Rs/ Mandates 69,400.00 12,669.80

Insurance

5400 - Insurance Premiums 781.25 7,572.00 8,353.25 84,439.40 83,291.00 1,148.40 90,863.00 6,423.60

8,353.25 7,572.00 781.25 84,439.40 83,291.00 1,148.40 Total Insurance 90,863.00 6,423.60

Contracted & Professional Services

7020 - Legal Services (612.94)4,166.00 3,553.06 44,297.11 45,833.00 (1,535.89) 50,000.00 5,702.89

3,553.06 4,166.00 (612.94) 44,297.11 45,833.00 (1,535.89)Total Contracted & Professional Services 50,000.00 5,702.89

17,264.63 17,534.00 (269.37) 216,998.93 227,368.00 (10,369.07)Total Common Costs Expense 244,901.00 27,902.07

109,738.40 103,090.00 6,648.40 1,146,096.50 1,058,199.00 87,897.50 Total Common Costs Income / (Loss) 1,161,287.00 15,190.50



ACC / SecurityNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Other AR Income

4805 - Compliance Fees & Fines - ACC (241.00)241.00 0.00 4,812.00 2,658.00 2,154.00 2,900.00 (1,912.00)

4810 - Compliance Fines - SEC (334.00)334.00 0.00 (77.00) 3,667.00 (3,744.00) 4,000.00 4,077.00

4811 - BD Expense- Sec Fines (1,126.19)0.00 (1,126.19) (401.28) 0.00 (401.28) 0.00 401.28

(1,126.19) 575.00 (1,701.19) 4,333.72 6,325.00 (1,991.28)Total Other AR Income 6,900.00 2,566.28

Other Income

4295 - Security House Checks 0.00 0.00 0.00 1,155.00 0.00 1,155.00 0.00 (1,155.00)

4350 - New Home Construction Fee 0.00 0.00 0.00 51,246.00 0.00 51,246.00 0.00 (51,246.00)

0.00 0.00 0.00 52,401.00 0.00 52,401.00 Total Other Income 0.00 (52,401.00)

(1,126.19) 575.00 (1,701.19) 56,734.72 6,325.00 50,409.72 Total ACC / Security Income 6,900.00 (49,834.72)

Expense


6165 - Hazardous Tree Removal/ Pruning (1,671.00)1,671.00 0.00 11,373.95 12,865.00 (1,491.05) 14,536.00 3,162.05

6300 - Permits & Licenses 0.00 0.00 0.00 107.50 214.00 (106.50) 1,714.00 1,606.50

9005 - State B&O Tax (8.00)8.00 0.00 894.55 95.00 799.55 104.00 (790.55)

0.00 1,679.00 (1,679.00) 12,376.00 13,174.00 (798.00)Total Regulatory Compliance 16,354.00 3,978.00

CC&Rs/ Mandates

5215 - Postage 5.06 0.00 5.06 15.64 0.00 15.64 0.00 (15.64)

7097 - Professional Security Services 20.67 14,896.00 14,916.67 167,599.02 167,298.00 301.02 182,300.00 14,700.98

14,921.73 14,896.00 25.73 167,614.66 167,298.00 316.66 Total CC&Rs/ Mandates 182,300.00 14,685.34

Payroll & Benefits

5300 - Salaries (1,741.03)5,920.00 4,178.97 42,037.24 46,982.00 (4,944.76) 57,113.00 15,075.76

5335 - Payroll Taxes- Employer (289.85)679.00 389.15 3,971.41 5,226.00 (1,254.59) 6,244.00 2,272.59

5385 - Payroll Benefits - Medical (830.00)830.00 0.00 69.51 5,395.00 (5,325.49) 6,225.00 6,155.49

4,568.12 7,429.00 (2,860.88) 46,078.16 57,603.00 (11,524.84)Total Payroll & Benefits 69,582.00 23,503.84



ACC / SecurityNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense

Utilities

6035 - Utilities- Trash & Recycling Service 50.00 0.00 50.00 50.00 0.00 50.00 0.00 (50.00)

6050 - Utilities- Communications Service 80.17 60.00 140.17 1,479.89 660.00 819.89 720.00 (759.89)

190.17 60.00 130.17 1,529.89 660.00 869.89 Total Utilities 720.00 (809.89)

Maintenance & Landscaping

6675 - Equipment R&M 118.39 0.00 118.39 118.39 0.00 118.39 0.00 (118.39)

6765 - Small Tools & Equipment 0.00 0.00 0.00 268.91 0.00 268.91 0.00 (268.91)

6775 - Vehicle R&M (81.00)81.00 0.00 1,848.09 2,069.00 (220.91) 2,150.00 301.91

6785 - Vehicle Fuel (127.14)466.00 338.86 3,830.57 5,133.00 (1,302.43) 5,600.00 1,769.43

6795 - Other Supplies (162.00)162.00 0.00 341.27 1,040.00 (698.73) 1,200.00 858.73

457.25 709.00 (251.75) 6,407.23 8,242.00 (1,834.77)Total Maintenance & Landscaping 8,950.00 2,542.77


6408 - Uniform and Laundry Service 0.00 0.00 0.00 55.42 0.00 55.42 0.00 (55.42)

6440 - Safety & Security Services 451.72 0.00 451.72 13,025.34 10,712.00 2,313.34 10,712.00 (2,313.34)

6450 - Storm Response Tree Removal 0.00 0.00 0.00 3,906.00 7,800.00 (3,894.00) 7,800.00 3,894.00

6460 - ACC Consultant 100.00 0.00 100.00 32,150.00 0.00 32,150.00 0.00 (32,150.00)

7095 - Other Professional Services 0.00 0.00 0.00 5,633.94 15,700.00 (10,066.06) 15,700.00 10,066.06

551.72 0.00 551.72 54,770.70 34,212.00 20,558.70 Total Contracted & Professional Services 34,212.00 (20,558.70)

Other Expenses

9120 - Vandalism 0.00 0.00 0.00 1,000.31 1,000.00 0.31 1,000.00 (0.31)

0.00 0.00 0.00 1,000.31 1,000.00 0.31 Total Other Expenses 1,000.00 (0.31)

20,688.99 24,773.00 (4,084.01) 289,776.95 282,189.00 7,587.95 Total ACC / Security Expense 313,118.00 23,341.05

(21,815.18) (24,198.00) 2,382.82 (233,042.23) (275,864.00) 42,821.77 Total ACC / Security Income / (Loss) (306,218.00) (73,175.77)



AccountingNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Other AR Income

4240 - Title & Recording Fees 1,459.00 1,666.00 3,125.00 36,250.00 18,333.00 17,917.00 20,000.00 (16,250.00)

4241 - BD Expense- Title Fees 7.61 0.00 7.61 (52.59) 0.00 (52.59) 0.00 52.59

4705 - NSF Service Fees 118.00 0.00 118.00 1,173.00 0.00 1,173.00 0.00 (1,173.00)

4706 - BD Expense- NSF Fees 27.00 0.00 27.00 (56.00) 0.00 (56.00) 0.00 56.00

3,277.61 1,666.00 1,611.61 37,314.41 18,333.00 18,981.41 Total Other AR Income 20,000.00 (17,314.41)

Other Income

4835 - Miscellaneous Income 0.00 0.00 0.00 0.18 0.00 0.18 0.00 (0.18)

0.00 0.00 0.00 0.18 0.00 0.18 Total Other Income 0.00 (0.18)

3,277.61 1,666.00 1,611.61 37,314.59 18,333.00 18,981.59 Total Accounting Income 20,000.00 (17,314.59)

Expense

Administrative

5015 - Bank Charges & Fees 638.83 16.00 654.83 2,209.04 183.00 2,026.04 200.00 (2,009.04)

5120 - Cash Over/Short 0.02 0.00 0.02 226.54 0.00 226.54 0.00 (226.54)

5210 - Printing & Copying (165.00)165.00 0.00 1,370.27 2,055.00 (684.73) 24,380.00 23,009.73

5399 - Payroll Service Fees 56.62 451.00 507.62 7,204.81 4,964.00 2,240.81 5,415.00 (1,789.81)

1,162.47 632.00 530.47 11,010.66 7,202.00 3,808.66 Total Administrative 29,995.00 18,984.34


6300 - Permits & Licenses 0.00 0.00 0.00 11.00 30.00 (19.00) 30.00 19.00

7000 - Audit & Tax Services (2,666.00)2,666.00 0.00 27,000.00 29,333.00 (2,333.00) 32,000.00 5,000.00

9005 - State B&O Tax 239.02 25.00 264.02 1,389.73 275.00 1,114.73 300.00 (1,089.73)

264.02 2,691.00 (2,426.98) 28,400.73 29,638.00 (1,237.27)Total Regulatory Compliance 32,330.00 3,929.27

CC&Rs/ Mandates

5025 - Collection Charges (123.42)0.00 (123.42) 0.00 0.00 0.00 0.00 0.00

5040 - Transfer Fees (34.00)34.00 0.00 0.00 367.00 (367.00) 400.00 400.00



AccountingNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense

CC&Rs/ Mandates

5215 - Postage (40.86)134.00 93.14 1,802.14 1,467.00 335.14 1,600.00 (202.14)

(30.28) 168.00 (198.28) 1,802.14 1,834.00 (31.86)Total CC&Rs/ Mandates 2,000.00 197.86

Payroll & Benefits

5300 - Salaries (617.35)13,727.00 13,109.65 140,302.65 157,851.00 (17,548.35) 178,440.00 38,137.35

5335 - Payroll Taxes- Employer (2,918.15)1,510.00 (1,408.15) 10,162.05 17,367.00 (7,204.95) 19,632.00 9,469.95

5385 - Payroll Benefits - Medical (1,052.86)1,955.00 902.14 11,652.48 21,505.00 (9,852.52) 23,460.00 11,807.52


Utilities

6050 - Utilities- Communications Service 0.00 60.00 60.00 600.00 660.00 (60.00) 720.00 120.00

60.00 60.00 0.00 600.00 660.00 (60.00)Total Utilities 720.00 120.00


5125 - IT Support and Services 0.00 750.00 750.00 8,599.00 8,250.00 349.00 9,000.00 401.00

7095 - Other Professional Services 647.85 0.00 647.85 23,359.62 0.00 23,359.62 0.00 (23,359.62)

1,397.85 750.00 647.85 31,958.62 8,250.00 23,708.62 Total Contracted & Professional Services 9,000.00 (22,958.62)

15,457.70 21,493.00 (6,035.30) 235,889.33 244,307.00 (8,417.67)Total Accounting Expense 295,577.00 59,687.67

(12,180.09) (19,827.00) 7,646.91 (198,574.74) (225,974.00) 27,399.26 Total Accounting Income / (Loss) (275,577.00) (77,002.26)



SVCA Operations- AdminNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Other AR Income

4806 - BD Expense- ACC Fines 386.32 0.00 386.32 (2,623.66) 0.00 (2,623.66) 0.00 2,623.66

386.32 0.00 386.32 (2,623.66) 0.00 (2,623.66)Total Other AR Income 0.00 2,623.66

Other Income

4220 - Gate & Access Fees (9.00)9.00 0.00 0.00 92.00 (92.00) 100.00 100.00

4235 - Trash Compactor Service 0.00 0.00 0.00 698.99 0.00 698.99 0.00 (698.99)

4245 - Photocopy Income 10.00 0.00 10.00 155.80 0.00 155.80 0.00 (155.80)

4255 - Maps and Signs (101.96)125.00 23.04 1,859.24 1,375.00 484.24 1,500.00 (359.24)

4835 - Miscellaneous Income 0.00 0.00 0.00 735.54 0.00 735.54 0.00 (735.54)

4840 - Non-Taxable Income 0.00 0.00 0.00 135.01 0.00 135.01 0.00 (135.01)

4870 - Member Donation Income 321.00 0.00 321.00 6,158.00 0.00 6,158.00 0.00 (6,158.00)

354.04 134.00 220.04 9,742.58 1,467.00 8,275.58 Total Other Income 1,600.00 (8,142.58)

740.36 134.00 606.36 7,118.92 1,467.00 5,651.92 Total SVCA Operations- Admin Income 1,600.00 (5,518.92)

Expense

Administrative

5000 - General Administrative (30.00)41.00 11.00 11.00 458.00 (447.00) 500.00 489.00

5015 - Bank Charges & Fees (91.26)334.00 242.74 3,258.35 3,667.00 (408.65) 4,000.00 741.65

5045 - Dues & Subscriptions 484.40 66.00 550.40 1,901.10 733.00 1,168.10 800.00 (1,101.10)

5090 - Office Supplies (24.03)1,290.00 1,265.97 21,743.13 14,190.00 7,553.13 15,480.00 (6,263.13)

5100 - GM Discretionary Funds (250.00)250.00 0.00 3,635.03 2,750.00 885.03 3,000.00 (635.03)

5107 - Advertising Costs 0.00 0.00 0.00 5,400.00 5,400.00 0.00 5,400.00 0.00

5120 - Cash Over/Short 0.00 0.00 0.00 (10.65) 0.00 (10.65) 0.00 10.65

5205 - Events Charges 0.00 0.00 0.00 2,121.76 0.00 2,121.76 0.00 (2,121.76)

5210 - Printing & Copying 132.64 363.00 495.64 6,694.23 4,717.00 1,977.23 5,080.00 (1,614.23)

5227 - Training & Conferences 232.00 209.00 441.00 4,757.01 2,292.00 2,465.01 2,500.00 (2,257.01)







Remaining Budget

Expense

Administrative

5399 - Payroll Service Fees 65.00 0.00 65.00 552.00 0.00 552.00 0.00 (552.00)

3,071.75 2,553.00 518.75 50,062.96 34,207.00 15,855.96 Total Administrative 36,760.00 (13,302.96)


6300 - Permits & Licenses 0.00 0.00 0.00 132.50 100.00 32.50 100.00 (32.50)

9005 - State B&O Tax (1.74)2.00 0.26 92.25 20.00 72.25 22.00 (70.25)

0.26 2.00 (1.74) 224.75 120.00 104.75 Total Regulatory Compliance 122.00 (102.75)

CC&Rs/ Mandates

5003 - Annual General Meeting 1,283.06 0.00 1,283.06 16,483.02 12,200.00 4,283.02 12,200.00 (4,283.02)

5007 - Special General Meeting 0.00 0.00 0.00 12,082.33 12,083.00 (0.67) 12,083.00 0.67

5020 - Board Support 620.04 166.00 786.04 2,755.90 1,833.00 922.90 2,000.00 (755.90)

5115 - Web Site Maintenance 62.80 53.00 115.80 4,476.95 491.00 3,985.95 540.00 (3,936.95)

5215 - Postage (160.57)184.00 23.43 899.08 2,017.00 (1,117.92) 2,200.00 1,300.92

2,208.33 403.00 1,805.33 36,697.28 28,624.00 8,073.28 Total CC&Rs/ Mandates 29,023.00 (7,674.28)

Payroll & Benefits

5300 - Salaries 4,116.95 18,261.00 22,377.95 214,639.95 198,168.00 16,471.95 225,376.00 10,736.05

5335 - Payroll Taxes- Employer (115.75)2,009.00 1,893.25 19,491.27 21,809.00 (2,317.73) 24,822.00 5,330.73

5385 - Payroll Benefits - Medical 94.33 978.00 1,072.33 9,126.02 10,758.00 (1,631.98) 11,736.00 2,609.98

25,343.53 21,248.00 4,095.53 243,257.24 230,735.00 12,522.24 Total Payroll & Benefits 261,934.00 18,676.76

Insurance

5400 - Insurance Premiums 0.00 0.00 0.00 55.90 0.00 55.90 0.00 (55.90)

0.00 0.00 0.00 55.90 0.00 55.90 Total Insurance 0.00 (55.90)

Utilities

6035 - Utilities- Trash & Recycling Service 45.00 0.00 45.00 45.00 0.00 45.00 0.00 (45.00)

6050 - Utilities- Communications Service 0.00 120.00 120.00 1,200.00 1,320.00 (120.00) 1,440.00 240.00

165.00 120.00 45.00 1,245.00 1,320.00 (75.00)Total Utilities 1,440.00 195.00







Remaining Budget

Expense


6675 - Equipment R&M 0.00 0.00 0.00 1,745.00 0.00 1,745.00 0.00 (1,745.00)

6775 - Vehicle R&M (100.00)100.00 0.00 179.96 1,100.00 (920.04) 1,200.00 1,020.04

6785 - Vehicle Fuel 0.00 0.00 0.00 222.23 600.00 (377.77) 600.00 377.77

0.00 100.00 (100.00) 2,147.19 1,700.00 447.19 Total Maintenance & Landscaping 1,800.00 (347.19)


5085 - Equipment Lease & Rental 390.66 253.00 643.66 5,791.32 4,967.00 824.32 5,220.00 (571.32)

5125 - IT Support and Services (6.05)2,000.00 1,993.95 26,852.51 26,843.00 9.51 28,600.00 1,747.49

2,637.61 2,253.00 384.61 32,643.83 31,810.00 833.83 Total Contracted & Professional Services 33,820.00 1,176.17

33,426.48 26,679.00 6,747.48 366,334.15 328,516.00 37,818.15 Total SVCA Operations- Admin Expense 364,899.00 (1,435.15)

(32,686.12) (26,545.00) (6,141.12) (359,215.23) (327,049.00) (32,166.23)Total SVCA Operations- Admin Income / (Loss) (363,299.00) (4,083.77)



FacilitiesNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Rental Income

4410 - Area Z Storage Rental Income (1,208.00)1,266.00 58.00 20,524.20 13,933.00 6,591.20 15,200.00 (5,324.20)

4412 - BD Expense- Area Z 1,328.89 0.00 1,328.89 (1,555.43) 0.00 (1,555.43) 0.00 1,555.43

1,386.89 1,266.00 120.89 18,968.77 13,933.00 5,035.77 Total Rental Income 15,200.00 (3,768.77)

Rental Income - Other

4400 - Facility Rentals 226.00 0.00 226.00 5,328.00 0.00 5,328.00 0.00 (5,328.00)

4430 - Lease Income - Restaurant 126.00 2,060.00 2,186.00 23,470.00 22,660.00 810.00 24,720.00 1,250.00

4435 - Lease Income - Barn 8 700.50 0.00 700.50 7,604.50 0.00 7,604.50 0.00 (7,604.50)

4439 - Lease Income- Library 0.00 281.00 281.00 3,091.00 3,091.00 0.00 3,372.00 281.00

3,393.50 2,341.00 1,052.50 39,493.50 25,751.00 13,742.50 Total Rental Income - Other 28,092.00 (11,401.50)

4,780.39 3,607.00 1,173.39 58,462.27 39,684.00 18,778.27 Total Facilities Income 43,292.00 (15,170.27)

Expense



7110 - Regulatory Compliance (1.58)75.00 73.42 814.96 1,325.00 (510.04) 1,394.00 579.04

9005 - State B&O Tax (2.73)56.00 53.27 916.77 619.00 297.77 675.00 (241.77)

126.69 131.00 (4.31) 2,632.83 1,944.00 688.83 Total Regulatory Compliance 2,069.00 (563.83)

Payroll & Benefits

5300 - Salaries (621.50)3,115.00 2,493.50 32,142.34 35,827.00 (3,684.66) 40,500.00 8,357.66

5335 - Payroll Taxes- Employer (169.37)457.00 287.63 3,866.52 5,265.00 (1,398.48) 5,952.00 2,085.48

5385 - Payroll Benefits - Medical (553.21)651.00 97.79 973.98 7,168.00 (6,194.02) 7,820.00 6,846.02


Utilities

6000 - Utilities (2,537.85)0.00 (2,537.85) (1,466.74) 0.00 (1,466.74) 0.00 1,466.74

6005 - Utilities- Natural Gas 393.95 244.00 637.95 5,944.78 4,527.00 1,417.78 5,103.00 (841.78)

6023 - Utilities- Water & Sewer (1,142.00)1,392.00 250.00 13,752.41 15,313.00 (1,560.59) 16,705.00 2,952.59



FacilitiesNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense

Utilities

6033 - Utilities- Electricity (1,204.03)2,955.00 1,750.97 19,293.74 32,507.00 (13,213.26) 35,462.00 16,168.26

6035 - Utilities- Trash & Recycling Service (48.83)808.00 759.17 8,483.66 8,888.00 (404.34) 9,696.00 1,212.34

6050 - Utilities- Communications Service (107.11)1,436.00 1,328.89 13,920.27 15,796.00 (1,875.73) 17,232.00 3,311.73

2,189.13 6,835.00 (4,645.87) 59,928.12 77,031.00 (17,102.88)Total Utilities 84,198.00 24,269.88


6110 - Landscape R&M 0.00 0.00 0.00 6,689.39 0.00 6,689.39 0.00 (6,689.39)

6515 - Building R&M (1,966.18)4,070.00 2,103.82 28,114.50 46,906.00 (18,791.50) 50,976.00 22,861.50

6635 - Janitorial Supplies (317.32)834.00 516.68 8,843.18 9,167.00 (323.82) 10,000.00 1,156.82

6795 - Other Supplies 0.00 0.00 0.00 35.88 0.00 35.88 0.00 (35.88)

2,620.50 4,904.00 (2,283.50) 43,682.95 56,073.00 (12,390.05)Total Maintenance & Landscaping 60,976.00 17,293.05


5085 - Equipment Lease & Rental 0.00 0.00 0.00 76.09 0.00 76.09 0.00 (76.09)

7095 - Other Professional Services 1,661.83 0.00 1,661.83 12,084.67 4,320.00 7,764.67 4,320.00 (7,764.67)

1,661.83 0.00 1,661.83 12,160.76 4,320.00 7,840.76 Total Contracted & Professional Services 4,320.00 (7,840.76)

9,477.07 16,093.00 (6,615.93) 155,387.50 187,628.00 (32,240.50)Total Facilities Expense 205,835.00 50,447.50

(4,696.68) (12,486.00) 7,789.32 (96,925.23) (147,944.00) 51,018.77 Total Facilities Income / (Loss) (162,543.00) (65,617.77)



MaintenanceNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Other Income

4235 - Trash Compactor Service 0.00 0.00 0.00 1,248.35 0.00 1,248.35 0.00 (1,248.35)


0.00 0.00 0.00 1,248.35 0.00 1,248.35 Total Maintenance Income 0.00 (1,248.35)

Expense

Administrative

5090 - Office Supplies 0.00 0.00 0.00 107.42 0.00 107.42 0.00 (107.42)

5210 - Printing & Copying 0.00 0.00 0.00 140.22 0.00 140.22 0.00 (140.22)

0.00 0.00 0.00 247.64 0.00 247.64 Total Administrative 0.00 (247.64)


6300 - Permits & Licenses 218.00 0.00 218.00 1,158.00 2,225.00 (1,067.00) 2,225.00 1,067.00

218.00 0.00 218.00 1,158.00 2,225.00 (1,067.00)Total Regulatory Compliance 2,225.00 1,067.00

CC&Rs/ Mandates

5215 - Postage 0.00 0.00 0.00 0.00 100.00 (100.00) 200.00 200.00

0.00 0.00 0.00 0.00 100.00 (100.00)Total CC&Rs/ Mandates 200.00 200.00

Payroll & Benefits

5300 - Salaries (1,004.15)12,573.00 11,568.85 130,571.59 111,024.00 19,547.59 132,746.00 2,174.41

5335 - Payroll Taxes- Employer (487.30)1,979.00 1,491.70 17,787.28 18,364.00 (576.72) 21,333.00 3,545.72

5385 - Payroll Benefits - Medical (506.58)1,876.00 1,369.42 10,631.05 12,118.00 (1,486.95) 13,994.00 3,362.95

5390 - Workers Compensation 0.00 0.00 0.00 1,196.00 0.00 1,196.00 0.00 (1,196.00)

14,429.97 16,428.00 (1,998.03) 160,185.92 141,506.00 18,679.92 Total Payroll & Benefits 168,073.00 7,887.08

Utilities

6005 - Utilities- Natural Gas 0.00 0.00 0.00 166.12 0.00 166.12 0.00 (166.12)

6050 - Utilities- Communications Service (60.00)120.00 60.00 600.00 1,320.00 (720.00) 1,440.00 840.00

60.00 120.00 (60.00) 766.12 1,320.00 (553.88)Total Utilities 1,440.00 673.88



MaintenanceNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense


6110 - Landscape R&M 0.00 0.00 0.00 2,238.72 0.00 2,238.72 0.00 (2,238.72)

6610 - Raw Materials 0.00 0.00 0.00 228.12 550.00 (321.88) 550.00 321.88

6621 - Raw Materials: Sand & Gravel 400.00 0.00 400.00 1,951.55 1,000.00 951.55 1,000.00 (951.55)

6635 - Janitorial Supplies 16.62 0.00 16.62 966.83 0.00 966.83 0.00 (966.83)

6675 - Equipment R&M 1,491.88 400.00 1,891.88 7,960.49 4,400.00 3,560.49 4,800.00 (3,160.49)

6765 - Small Tools & Equipment 240.45 0.00 240.45 3,222.32 2,350.00 872.32 2,350.00 (872.32)

6775 - Vehicle R&M (392.53)709.00 316.47 9,569.50 7,792.00 1,777.50 8,500.00 (1,069.50)

6785 - Vehicle Fuel 354.73 650.00 1,004.73 10,226.70 7,800.00 2,426.70 8,500.00 (1,726.70)

6795 - Other Supplies 239.51 0.00 239.51 3,837.68 0.00 3,837.68 0.00 (3,837.68)

6796 - Other R&M 384.43 200.00 584.43 4,334.40 2,200.00 2,134.40 2,400.00 (1,934.40)

4,694.09 1,959.00 2,735.09 44,536.31 26,092.00 18,444.31 Total Maintenance & Landscaping 28,100.00 (16,436.31)


5085 - Equipment Lease & Rental (84.00)84.00 0.00 0.00 917.00 (917.00) 1,000.00 1,000.00

6408 - Uniform and Laundry Service (33.90)90.00 56.10 706.70 990.00 (283.30) 1,080.00 373.30

6440 - Safety & Security Services (14.18)150.00 135.82 1,773.89 1,650.00 123.89 1,800.00 26.11

7095 - Other Professional Services 633.08 0.00 633.08 4,115.02 0.00 4,115.02 0.00 (4,115.02)

825.00 324.00 501.00 6,595.61 3,557.00 3,038.61 Total Contracted & Professional Services 3,880.00 (2,715.61)

20,227.06 18,831.00 1,396.06 213,489.60 174,800.00 38,689.60 Total Maintenance Expense 203,918.00 (9,571.60)

(20,227.06) (18,831.00) (1,396.06) (212,241.25) (174,800.00) (37,441.25)Total Maintenance Income / (Loss) (203,918.00) 8,323.25

Actual Budget Variance Actual Budget Variance Annual Budget Budget Remaining

IncomeGolf Income4150 - Golf Course Annual Greens Fees 4,099$ 1,600$ 2,499$ 215,321$ 213,900$ 1,421$ 215,500$ 179$ 4151 - BD Expense- Golf (237) - (237) (621) - (621) - 621 4154 - Golf Course Daily Greens Fees 12,456 6,000 6,456 346,662 397,000 (50,338) 401,800 55,138 4170 - Driving Range Fees 341 200 141 20,753 22,900 (2,147) 23,000 2,247 4174 - Golf Cart Rental 2,272 1,100 1,172 109,434 112,200 (2,766) 113,000 3,566 4176 - Golf Club Storage 20 - 20 1,653 1,520 133 1,520 (133) 4178 - Trail Fees - - - 15,109 13,250 1,859 13,250 (1,859)

Total Golf Income 18,951 8,900 10,051 708,310 760,770 (52,460) 768,070 59,759

ExpenseAdministrative5107 - Advertising Costs 567 200 367 7,464 7,000 464 7,000 (464) 5015 - Bank Charges & Fees 494 450 44 13,400 12,570 830 12,845 (555) 5120 - Cash Over/Short (0) - (0) (96) - (96) - 96 5045 - Dues & Subscriptions 815 235 580 17,665 17,035 630 17,270 (395) 5000 - General Administrative - - - 521 1,900 (1,379) 1,900 1,379 5090 - Office Supplies - 25 (25) 269 275 (6) 300 31 5205 - Events Charges - - - 78 - 78 - (78) 5210 - Printing & Copying - - - 2,216 2,980 (764) 2,980 764 5227 - Training & Conferences - - - 1,793 2,300 (507) 2,400 607

Total Administrative 1,876 910 966 43,309 44,060 (751) 44,695 1,385

Regulatory Compliance6165 - Hazardous Tree Removal/ Pruning - 200 (200) - 1,000 (1,000) 1,300 1,300 6300 - Permits & Licenses 152 - 152 565 800 (235) 800 235 9005 - State B&O Tax 90 38 52 3,339 3,589 (250) 3,624 285

TotalRegulatory Compliance 242 238 4 3,904 5,389 (1,485) 5,724 1,820

Income Statement ReportSudden Valley Community Association

GolfNovember 1, 2016 to November 30, 2016

Current Period Year to Date (11 months)





CC&Rs/ Mandates5115 - Web Site Maintenance - - - 33 - 33 - (33) 5215 - Postage 0 60 (60) 577 690 (113) 765 188 CC&Rs/ Mandates Total 0 60 (60) 610 690 (80) 765 155

Payroll & Benefits5385 - Payroll Benefits - Medical 3,042 3,110 (68) 36,472 36,545 (73) 39,655 3,183 5335 - Payroll Taxes- Employer 2,564 3,116 (552) 40,168 47,640 (7,472) 52,232 12,064 5300 - Salaries 24,370 23,652 718 347,069 354,915 (7,846) 390,474 43,405

Total Payroll & Benefits 29,976 29,878 98 423,710 439,100 (15,390) 482,361 58,652

Insurance5400 - Insurance Premiums 333 333 (0) 3,661 3,661 0 3,994 333

Total Insurance 333 333 (0) 3,661 3,661 0 3,994 333

Utilities6050 - Utilities- Communications Service 533 346 187 6,427 3,813 2,614 4,160 (2,267) 6033 - Utilities- Electricity 928 1,389 (461) 17,564 19,771 (2,207) 20,959 3,395 6005 - Utilities- Natural Gas 172 257 (85) 2,833 3,476 (643) 4,000 1,167 6023 - Utilities- Water & Sewer - 1,146 (1,146) 8,496 12,592 (4,096) 13,736 5,240 6035 - Utilties- Trash & Recycling Service 212 219 (7) 1,128 2,406 (1,278) 2,625 1,497

Total Utilities 1,845 3,357 (1,512) 36,448 42,058 (5,610) 45,480 9,032

Maintenance & Landscaping6515 - Building R&M - - - 88 - 88 - (88) 6675 - Equipment R&M 2,738 3,584 (846) 36,385 35,417 968 40,000 3,615 6635 - Janitorial Supplies - 20 (20) - 220 (220) 240 240 6110 - Landscape R&M - 3,000 (3,000) 35,248 25,300 9,948 26,300 (8,948) 6796 - Other R&M 273 200 73 1,261 2,100 (839) 2,200 939 6795 - Other Supplies 239 950 (711) 16,144 17,050 (906) 17,800 1,656 6610 - Raw Materials 1,455 1,000 455 19,513 20,100 (587) 20,800 1,287 6621 - Raw Materials: Sand & Gravel - - - 13,524 14,300 (776) 14,300 776 6765 - Small Tools & Equipment - 100 (100) 3,120 2,650 470 2,750 (370) 6785 - Vehicle Fuel 727 600 127 14,162 21,900 (7,738) 22,400 8,238 6775 - Vehicle R&M - - - 2,498 900 1,598 1,000 (1,498)

Total Maintenance & Landscaping 5,431 9,454 (4,023) 141,945 139,937 2,008 147,790 5,847






5085 - Equipment Lease & Rental - 50 (50) 2,631 4,800 (2,169) 4,900 2,269 6440 - Safety & Security Services - 100 (100) 895 600 295 600 (295) 6408 - Uniform and Laundry Service 228 275 (47) 3,818 3,900 (82) 4,175 357 7095 - Other Professional Services - - - 543 1,200 (658) 1,200 658

Total Contracted & Professional Services 228 425 (197) 7,886 10,500 (2,614) 10,875 2,989

Total Golf Expense 39,931 44,655 (4,724) 661,474 685,395 (23,921) 741,684 80,213

Total Golf Income / (Loss) (20,981)$ (35,755)$ 14,774$ 46,837$ 75,375$ (28,538)$ 26,386$ (20,454)$



Marina/Parks/BeachesNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Marina Income

4415 - Marina Wet Slip Income 0.00 0.00 0.00 9,957.50 4,925.00 5,032.50 4,925.00 (5,032.50)

4420 - Marina Dry Slip Income 0.00 0.00 0.00 37,070.00 43,980.00 (6,910.00) 43,980.00 6,910.00

4425 - Marina Wet/Dry Combo Income 0.00 0.00 0.00 61,775.00 66,060.00 (4,285.00) 66,060.00 4,285.00

4426 - BD Expense- Marina 0.00 0.00 0.00 (1,425.00) 0.00 (1,425.00) 0.00 1,425.00

0.00 0.00 0.00 107,377.50 114,965.00 (7,587.50)Total Marina Income 114,965.00 7,587.50

Rental Income - Other

4400 - Facility Rentals 100.00 0.00 100.00 1,100.00 0.00 1,100.00 0.00 (1,100.00)

4411 - Picnic Shelter Rentals 0.00 0.00 0.00 1,765.00 0.00 1,765.00 0.00 (1,765.00)

100.00 0.00 100.00 2,865.00 0.00 2,865.00 Total Rental Income - Other 0.00 (2,865.00)

Other Income

4220 - Gate & Access Fees 0.00 0.00 0.00 1,982.00 0.00 1,982.00 0.00 (1,982.00)


100.00 0.00 100.00 112,224.50 114,965.00 (2,740.50)Total Marina/Parks/Beaches Income 114,965.00 2,740.50

Expense


6300 - Permits & Licenses 0.00 0.00 0.00 0.00 100.00 (100.00) 100.00 100.00

7110 - Regulatory Compliance (10.81)148.00 137.19 1,607.82 1,631.00 (23.18) 1,779.00 171.18

9005 - State B&O Tax (145.00)145.00 0.00 1,688.25 1,593.00 95.25 1,738.00 49.75

137.19 293.00 (155.81) 3,296.07 3,324.00 (27.93)Total Regulatory Compliance 3,617.00 320.93

Utilities

6023 - Utilities- Water & Sewer (109.00)109.00 0.00 2,089.93 1,194.00 895.93 1,302.00 (787.93)

6033 - Utilities- Electricity 25.02 84.00 109.02 915.60 917.00 (1.40) 1,000.00 84.40

6050 - Utilities- Communications Service (1.46)145.00 143.54 1,576.64 1,595.00 (18.36) 1,740.00 163.36

252.56 338.00 (85.44) 4,582.17 3,706.00 876.17 Total Utilities 4,042.00 (540.17)



Marina/Parks/BeachesNovember 01, 2016 thru November 30, 2016




Remaining Budget

Expense


6110 - Landscape R&M 0.00 0.00 0.00 73.22 0.00 73.22 0.00 (73.22)

6515 - Building R&M 0.00 0.00 0.00 1,723.78 0.00 1,723.78 0.00 (1,723.78)

6610 - Raw Materials 0.00 0.00 0.00 23.21 0.00 23.21 0.00 (23.21)

6765 - Small Tools & Equipment 0.00 0.00 0.00 21.68 0.00 21.68 0.00 (21.68)

6795 - Other Supplies 0.00 0.00 0.00 19.75 0.00 19.75 0.00 (19.75)

6796 - Other R&M 0.00 0.00 0.00 206.65 0.00 206.65 0.00 (206.65)

0.00 0.00 0.00 2,068.29 0.00 2,068.29 Total Maintenance & Landscaping 0.00 (2,068.29)

389.75 631.00 (241.25) 9,946.53 7,030.00 2,916.53 Total Marina/Parks/Beaches Expense 7,659.00 (2,287.53)

(289.75) (631.00) 341.25 102,277.97 107,935.00 (5,657.03)Total Marina/Parks/Beaches Income / (Loss) 107,306.00 5,028.03



Pool/Health ClubNovember 01, 2016 thru November 30, 2016




Remaining Budget

Income

Other Income

4250 - Adult Center Pool Fees 0.00 0.00 0.00 2,546.00 0.00 2,546.00 0.00 (2,546.00)


0.00 0.00 0.00 2,546.00 0.00 2,546.00 Total Pool/Health Club Income 0.00 (2,546.00)

Expense



9005 - State B&O Tax 0.00 0.00 0.00 38.19 0.00 38.19 0.00 (38.19)

0.00 0.00 0.00 368.19 0.00 368.19 Total Regulatory Compliance 0.00 (368.19)

Utilities

6000 - Utilities (1,948.38)0.00 (1,948.38) (2,482.96) 0.00 (2,482.96) 0.00 2,482.96

6033 - Utilities- Electricity 0.00 0.00 0.00 (835.10) 0.00 (835.10) 0.00 835.10

(1,948.38) 0.00 (1,948.38) (3,318.06) 0.00 (3,318.06)Total Utilities 0.00 3,318.06


6515 - Building R&M 0.00 0.00 0.00 413.98 0.00 413.98 0.00 (413.98)

0.00 0.00 0.00 413.98 0.00 413.98 Total Maintenance & Landscaping 0.00 (413.98)


6438 - Pool Management 0.00 0.00 0.00 13,528.73 0.00 13,528.73 0.00 (13,528.73)

0.00 0.00 0.00 13,528.73 0.00 13,528.73 Total Contracted & Professional Services 0.00 (13,528.73)

(1,948.38) 0.00 (1,948.38) 10,992.84 0.00 10,992.84 Total Pool/Health Club Expense 0.00 (10,992.84)

1,948.38 0.00 1,948.38 (8,446.84) 0.00 (8,446.84)Total Pool/Health Club Income / (Loss) 0.00 8,446.84

SUDDEN VALLEY COMMUNITY ASSOCIATION - LOTS & DUES ANALYSIS 2016

LLE &

CTBDues

Exempt

TotalNon-

Billable Lots

Total All

LotsVac Dev Total Vac Dev Total Vac Dev Vac Dev Vac Dev Vac Dev Vac Dev Vac Dev Total Vac Dev Total Vac Dev Total Perm WD10 Avail. Total

Jan 34 108 142 381 2,108 2,489 49 162 7 24 2 10 84 109 18 61 415 2,216 2,631 160 366 526 575 2,582 3,157 759 28 15 802 674 8 1,484 4,641Feb 40 113 153 381 2,191 2,572 26 77 10 33 16 11 80 99 21 58 421 2,304 2,725 153 278 431 574 2,582 3,156 758 27 15 800 677 8 1,485 4,641Mar 7 12 19 427 2,280 2,707 16 84 7 32 11 11 77 103 27 60 434 2,292 2,726 138 290 428 572 2,582 3,154 758 25 15 798 681 8 1,487 4,641Apr 18 106 124 430 2,177 2,607 11 111 6 26 9 10 81 112 17 40 448 2,283 2,731 124 299 423 572 2,582 3,154 758 25 15 798 681 8 1,487 4,641May 35 136 171 411 2,162 2,573 21 86 6 34 1 10 79 105 18 49 446 2,298 2,744 125 284 409 571 2,582 3,153 758 23 17 798 682 8 1,488 4,641Jun 42 165 207 397 2,154 2,551 30 85 10 23 3 6 74 96 15 53 439 2,319 2,758 132 263 395 571 2,582 3,153 758 23 16 797 684 7 1,488 4,641Jul 53 190 243 385 2,117 2,502 29 90 10 25 3 10 75 96 16 54 438 2,307 2,745 133 275 408 571 2,582 3,153 758 23 16 797 684 7 1,488 4,641Aug 69 229 298 380 2,107 2,487 27 75 4 18 4 11 76 107 10 35 449 2,336 2,785 121 246 367 570 2,582 3,152 758 23 16 797 685 7 1,489 4,641Sep 90 292 382 349 2,038 2,387 28 88 14 18 2 10 78 105 9 31 439 2,330 2,769 131 252 383 570 2,582 3,152 758 25 13 796 686 7 1,489 4,641Oct 122 390 512 329 1,963 2,292 16 76 12 24 10 10 72 92 9 27 451 2,353 2,804 119 229 348 570 2,582 3,152 758 25 13 796 686 7 1,489 4,641Nov 169 653 822 285 1,648 1,933 20 125 8 37 4 8 73 83 10 28 454 2,301 2,755 115 281 396 569 2,582 3,151 758 24 14 796 687 7 1,490 4,641Dec 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Total Not Current Total Billable Lots Restricted

SVCA Owned Lots

Actual Year Prepaid Actual CurrentActual 1 Mth

DueActual 2 Mth

DueActual 3 Mth

DueActual 4+ Mth Due Pmt Plans

Total Prepaid & Current

Documents

Sudden Valley Community Association Balance Sheet November ...suddenvalley.com/wp-content/uploads/2016-11... · 12/9/2016 Unaudited Audited Nov 30, 2016 Dec 31, 2015 Inc / (Dec) Current