| |
Franklin Farms Homeowners Association, Inc. |
|
|
| |
|
12/31/2008 |
|
|
|
|
|
| |
|
|
Assets |
|
|
|
|
| |
|
|
|
|
|
|
|
| |
Cash - Operating Account |
|
11244 |
|
|
| |
Reserves |
|
|
|
6599 |
|
|
| |
Assessments Receivable |
|
1045 |
|
|
| |
Special Assessment Receivable |
|
120 |
|
|
| |
Expenses due from Residents |
|
2033 |
|
|
| |
Total current assets |
|
|
|
21042 |
|
| |
|
|
|
|
|
|
|
| |
Security deposits |
|
|
50 |
|
|
| |
Fixed assets |
|
|
2134 |
|
|
| |
Accumulated depreciation |
|
-828 |
|
|
| |
Total other assets |
|
|
|
1356 |
|
| |
|
|
|
|
|
|
|
| |
Total assets |
|
|
|
22398 |
|
| |
|
|
|
|
|
|
|
| |
|
|
Liabilities & Fund balance |
|
|
| |
|
|
|
|
|
|
|
| |
2009 assessments prepaid |
|
3430 |
|
|
| |
|
|
|
|
|
|
|
| |
Fund balance 12/31/2007 |
|
11527 |
|
|
| |
Excess collections over expenses |
7441 |
|
|
| |
|
|
|
|
|
|
|
| |
Total liabilities & fund balance |
|
|
22398 |
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
Income Statement |
|
|
|
|
| |
Franklin Farms Homeowners Association, Inc. |
|
|
| |
|
2008 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
| |
Assessments |
|
30275 |
|
|
|
| |
Estoppels |
|
600 |
|
|
|
| |
Interest |
|
|
188.34 |
|
|
|
| |
Miscellaneous |
|
600 |
|
|
|
| |
Total income |
|
|
31663.34 |
|
|
| |
|
|
|
|
|
|
|
| |
Administrative & office |
930.7 |
|
|
|
| |
Website |
|
|
217.44 |
|
|
|
| |
Depreciation |
|
523 |
|
|
|
| |
Ground Maintenance |
|
12549.25 |
|
|
|
| |
Insurance |
|
4427.42 |
|
|
|
| |
Legal & accounting |
|
464.06 |
|
|
|
| |
Newsletter |
|
230.49 |
|
|
|
| |
Annual meeting |
|
115.41 |
|
|
|
| |
Garage sale |
|
104.63 |
|
|
|
| |
Postage & meter rental |
801.7 |
|
|
|
| |
Storage unit |
|
971.28 |
|
|
|
| |
Repairs |
|
|
1568.14 |
|
|
|
| |
Sprinkler repair |
|
879 |
|
|
|
| |
Supplies & chemicals |
|
92.85 |
|
|
|
| |
Taxes & license |
|
96.25 |
|
|
|
| |
Utilities |
|
|
251.54 |
|
|
|
| |
Total expenses |
|
|
24223.16 |
|
|
| |
|
|
|
|
|
|
|
| |
Excess collections to reserves |
|
7440.81 |
|
|
| |
|
|
|
|
|
|
|
