879

DAYBREAK COMMUNITY ASSOCIATION

MONTHLY FINANCIAL STATEMENTS

PREPARED FOR BOARD OF DIRECTORS

SEPTEMBER 2018

Included Reports Copies

BUDGET VARIANCE 1

BALANCE SHEET OPERATING 1

OPERATING STATEMENT - DETAIL 1

BALANCE SHEET - RESERVES 1

RESERVE STATEMENT - DETAIL 1

COLLECTION SUMMARY 1

REFORECAST REPORT 1

11/05/2018 DAYBREAK COMMUNITY ASSOCIATION Page: 1 3:31 AM BALANCE SHEET OPERATING (UNAUDITED)

09/30/2018

CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

ASSETS

CASHCASH-OPERATING ACCT 918,597.15 712,440.94 206,156.21 CASH OPERATING SAVINGS 212,116.15 212,083.61 32.54 CASH-OPERATING SAVINGS 249,010.59 248,877.59 133.00 OPERATING SURPLUS 248,729.81 248,533.06 196.75 CASH- COMMUNITY POOL FUNDS 391,286.56 391,286.56 0.00 WELLS FARGO OPERATING INVESTEMENTS 1,145,545.38 1,145,130.30 415.08 PETTY CASH 450.00 450.00 0.00 CASH-PETTY CASH CHECKING 422.25 1,109.47 (687.22)CASH IN DRAWER-DCC FRONT DESK 100.00 100.00 0.00 CASH IN DRAWER-DAYBREAK SEASONAL 200.00 200.00 0.00 ACTIVITY ACCOUNT 7,294.37 13,364.71 (6,070.34)

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL CASH 3,173,752.26 2,973,576.24 200,176.02

ACCOUNTS RECEIVABLEACCOUNTS RECEIVABLE 200,554.64 234,447.17 (33,892.53)A/R OTHER 52,468.89 54,341.14 (1,872.25)A/R DUE FROM DEVELOPER (4,802.08) 104,183.03 (108,985.11)AR OTHER - ACTIVENET 4,865.51 2,015.99 2,849.52 A/R CENTURYLINK REVENUE SHARE 0.00 65,308.80 (65,308.80)I/C DAYBREAK COUNCIL 59.53 157.89 (98.36)I/C DAYBREAK WATER COMPANY 48.66 48.66 0.00 I/C DAYBREAK NORTH SHORE 0.95 4.51 (3.56)I/C GARDEN PARK 150.35 329.37 (179.02)I/C SODA ROW 1,640.74 38.08 1,602.66 I/C GARDEN PARK CONDO 10.83 8.32 2.51 I/C LAKE VILLAGE CONDOS 6.75 31.04 (24.29)I/C CREEKSIDE 9.64 4.20 5.44 I/C SOUTH STATION 9.64 20.49 (10.85)I/C HIGHLAND PARK 0.00 4.40 (4.40)I/C LAKE VILLAGE TOWNHOMES 0.00 4.40 (4.40)ALLOWANCE FOR DOUBTFUL ACCOUNTS (108,297.69) (118,134.25) 9,836.56

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE 146,726.36 342,813.24 (196,086.88)

FIXED ASSETSLAND 400,000.00 400,000.00 0.00 LAND IMPROVEMENTS 30,733.00 30,733.00 0.00 BUILDINGS 4,300,000.00 4,300,000.00 0.00 FURNITURE & FIXTURES 114,710.56 114,710.56 0.00 MACHINERY & EQUIPMENT 55,646.87 55,646.87 0.00 COMPUTER EQUIPMENT 3,102.43 3,102.43 0.00 VEHICLE 53,431.97 53,431.97 0.00

11/05/2018 DAYBREAK COMMUNITY ASSOCIATION Page: 2 3:31 AM BALANCE SHEET OPERATING (UNAUDITED)

09/30/2018

CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

ACCUM DEPRECIATION (443,266.46) (430,399.53) (12,866.93)¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯

TOTAL FIXED ASSETS 4,514,358.37 4,527,225.30 (12,866.93)

OTHER ASSETSDEPOSITS 4,926.92 4,926.92 0.00 PREPAID INSURANCE 450.00 8,989.25 (8,539.25)PREPAID EXPENSE 5,477.67 6,034.12 (556.45)

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER ASSETS 10,854.59 19,950.29 (9,095.70)

TOTAL ASSETS 7,845,691.58 7,863,565.07 (17,873.49)––––––––––– ––––––––––– ––––––––––

11/05/2018 DAYBREAK COMMUNITY ASSOCIATION Page: 3 3:31 AM BALANCE SHEET OPERATING (UNAUDITED)

09/30/2018

CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

LIABILITIES & FUND BALANCE

CURRENT LIABILITIESACCRUED EXPENSE 241,539.12 253,320.18 (11,781.06)ACCOUNTS PAYABLE 67,472.35 95,825.29 (28,352.94)FACILITY DEPOSIT 3,343.73 4,026.23 (682.50)A/P DAYBREAK COMM COUNCIL 20.00 665.94 (645.94)A/P NORTH SHORE 3,492.50 814.50 2,678.00 A/P GARDEN PARK VILLAGE 7,085.37 261.75 6,823.62 A/P SODA ROW 3,664.50 572.50 3,092.00 A/P GARDEN PARK CONDOMINIUMS 741.25 0.00 741.25 A/P LAKE VILLAGE CONDOS 528.00 0.00 528.00 A/P CREEKSIDE 798.00 0.00 798.00 I/C LAKE VILLAGE TOWNHOMES 450.00 0.00 450.00 UNEARNED ASSESSMENTS 0.00 656,306.91 (656,306.91)PREPAID ASSESSMENTS 887,482.33 301,449.58 586,032.75 DUE TO RESERVES (951.29) (740.44) (210.85)COLLECTION FEES 4,557.05 5,137.55 (580.50)LENDER SETUP FEE 730.00 730.00 0.00 INITIAL LATE LETTERS 1,805.00 1,696.00 109.00 DEMAND LIEN LETTERS 5,822.00 5,075.00 747.00 LEGAL PREP FEES 4,453.05 5,288.86 (835.81)GARDEN PLOT DEPOSITS 10.00 10.00 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL CURRENT LIABILITIES 1,233,042.96 1,330,439.85 (97,396.89)

OTHER LIABILITIESNOTES PAYABLE 4,283,745.97 4,297,209.16 (13,463.19)NOTES PAYABLE 799,500.00 799,500.00 0.00 LIABILITY FOR UNCLAIMED PROPERTY 2,677.00 1,840.00 837.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER LIABILITIES 5,085,922.97 5,098,549.16 (12,626.19)

TOTAL LIABILITIES 6,318,965.93 6,428,989.01 (110,023.08)

FUND BALANCEOWNERS EQUITY 1,858,546.40 1,858,546.40 0.00 TRANSFER FROM RESERVES 26,133.45 26,133.45 0.00 CURRENT YEAR INCOME (LOSS) (357,954.20) (450,103.79) 92,149.59

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL FUND BALANCE 1,526,725.65 1,434,576.06 92,149.59

TOTAL LIABILITIES & FUND BALANCE 7,845,691.58 7,863,565.07 (17,873.49)––––––––––– ––––––––––– ––––––––––

11/05/2018 879 DAYBREAK COMMUNITY ASSOCIATION Page: 1 3:31 AM OPERATING STATEMENT - DETAIL (UNAUDITED)

09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

INCOME482,615.12 473,696 8,919.12 ASSOCIATION ASSMTS 4,194,747.61 4,147,972 46,775.61 5,588,274 1,393,526.39

5,177.91 5,448 (270.00) BENEFITED ASSESSMENT 46,073.44 47,411 (1,337.75) 64,025 17,951.48 5,352.48 5,352 0.00 APARTMENT ASSESSMENT 47,676.23 47,676 0.00 63,734 16,057.44

0.00 0 0.00 CENTURYLINK REV SHARE 131,107.20 118,000 13,107.20 236,000 104,892.80 4,075.15 4,475 (399.85) STORAGE RENT 32,727.09 40,275 (7,547.91) 53,700 20,972.91 5,805.24 (4,000) 9,805.24 LESS: BAD DEBT (3,517.99) (36,000) 32,482.01 (48,000) (44,482.01)

317.98 0 317.98 BAD DEBT RECOVERY 8,558.87 0 8,558.87 0 (8,558.87)1,350.00 800 550.00 DESIGN REVIEW 19,532.66 13,010 6,522.66 13,810 (5,722.66)

252.00 2,203 (1,950.95) LATE CHARGES 23,745.07 19,687 4,057.68 26,296 2,551.17 2,316.75 4,500 (2,183.25) COLLECTION FEE REVENUE 15,195.16 21,396 (6,200.64) 25,550 10,355.04

168,182.64 164,662 3,520.64 TELECOMMUNITY ASMNTS 1,455,910.68 1,439,118 16,792.68 1,940,244 484,333.32 777.37 0 777.37 INTEREST 7,687.05 0 7,687.05 0 (7,687.05)

1,725.00 375 1,350.00 SANCTIONS & FEES 7,475.00 2,800 4,675.00 2,950 (4,525.00)0.00 0 0.00 MISC INCOME 200.00 0 200.00 0 (200.00)0.00 0 0.00 COMMUNITY GARDEN INCOME 8,069.27 7,000 1,069.27 7,000 (1,069.27)

70.00 400 (330.00) BOAT PERMITS 9,100.00 7,800 1,300.00 7,800 (1,300.00)0.00 232 (232.18) LEGAL FEE REVENUE (1,377.21) 2,090 (3,466.83) 2,786 4,163.37

2,508.15 2,270 238.15 BOAT HOUSE ASSESSMENT 21,558.01 18,630 2,928.01 25,740 4,181.99 225.00 176 49.00 LOCKER RENTAL INCOME 2,150.00 1,584 566.00 2,112 (38.00)

25.00 0 25.00 SWIMMING POOL INCOME 14,081.00 16,500 (2,419.00) 16,500 2,419.00 2,460.00 1,300 1,160.00 PAYMENT PLAN FEES 5,960.00 9,100 (3,140.00) 13,000 7,040.00

(30,660.00) (30,660) 0.00 TRANSFER TO RESERVE (275,940.00) (275,940) 0.00 (367,920) (91,980.00)0.00 0 0.00 ADDITIONAL RESERVE TRANSFER (27,500.00) (27,500) 0.00 (55,000) (27,500.00)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯652,575.79 631,230 21,346.27 TOTAL INCOME 5,743,219.14 5,620,609 122,609.91 7,618,601 1,875,382.05

EXPENSES

SALARIES & BENEFITS68,132.57 66,576 (1,556.89) SALARIES & BENEFITS 598,740.76 649,113 50,372.11 868,813 270,071.85

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯68,132.57 66,576 (1,556.89) TOTAL SALARIES & BENEFITS 598,740.76 649,113 50,372.11 868,813 270,071.85

ADMINISTRATIVE & GENERAL46.00 0 (46.00) AUDIT/TAX RETURNS 10,196.00 10,150 (46.00) 10,150 (46.00)

2,608.75 6,935 4,326.38 COLLECTIONS 12,688.25 43,173 30,484.56 54,633 41,944.35 2,731.00 950 (1,781.00) LEGAL FEES/ATTORNEYS 11,197.38 8,550 (2,647.38) 11,400 202.62

171.05 325 154.10 LICENSES, FEES, PERMITS 1,654.45 3,084 1,429.46 4,059 2,404.91 7,111.50 7,171 59.00 MANAGEMENT FEES 63,139.00 63,905 765.50 85,521 22,382.00

82.47 130 47.53 MEETING EXPENSE 739.16 770 30.84 1,885 1,145.84 2,474.64 2,748 273.71 OFFICE SUPPLIES 14,170.20 17,439 3,268.63 29,488 15,318.17

338.27 835 497.16 OFFICE EQUIPMENT/RENTAL 7,586.23 9,566 1,979.45 12,396 4,810.13 382.50 460 77.50 PROFESSIONAL FEES 10,300.00 20,660 10,360.00 22,040 11,740.00

3,028.65 3,177 148.19 POSTAGE 11,637.11 14,026 2,388.46 23,826 12,188.56 1,146.91 1,267 120.06 TELEPHONE 10,555.27 12,003 1,447.46 15,804 5,248.37

463.82 486 22.18 MILEAGE/AUTO 4,804.12 4,200 (604.12) 5,438 633.88 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯20,585.56 24,484 3,898.81 TOTAL ADMIN & GENERAL 158,667.17 207,524 48,856.86 276,640 117,972.83

11/05/2018 879 DAYBREAK COMMUNITY ASSOCIATION Page: 2 3:31 AM OPERATING STATEMENT - DETAIL (UNAUDITED)

09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

CONTRACT SERVICES125.94 123 (3.19) RV LOT MONITORING 1,129.53 1,108 (21.10) 1,477 347.15

157,576.19 164,662 7,085.81 TELECOMMUNITY PACKAGE 1,407,476.99 1,439,118 31,641.01 1,940,244 532,767.01 603.22 700 96.78 GARBAGE REMOVAL 5,811.74 5,415 (396.74) 6,925 1,113.26

80,082.69 128,751 48,668.18 LANDSCAPE MAINT 749,274.99 1,007,988 258,713.09 1,264,840 515,564.83 4,500.00 4,500 0.00 OFFICE RENTAL 44,168.86 39,750 (4,418.86) 53,250 9,081.14 1,381.67 1,510 128.33 OFFICE CAM FEES 14,548.13 13,374 (1,174.13) 17,904 3,355.87 2,541.67 2,542 0.00 MAXICOM CONTRACT 23,269.67 21,475 (1,794.64) 29,100 5,830.37

875.00 565 (310.00) PEST CONTROL 2,803.00 5,735 2,932.00 7,430 4,627.00 428.98 428 (0.98) STORAGE 4,955.42 3,852 (1,103.42) 5,136 180.58

6,767.99 3,961 (2,807.00) PATROL SERVICE 32,889.91 36,599 3,709.00 48,482 15,591.97 0.00 0 0.00 SNOW REMOVAL 35,284.10 46,500 11,215.90 88,000 52,715.90

2,371.77 7,059 4,687.27 BENEFITTED AREA EXPENSE 30,585.98 66,496 35,910.38 89,795 59,209.34 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯257,255.12 314,800 57,545.20 TOTAL CONTRACT SERVICES 2,352,198.32 2,687,411 335,212.49 3,552,583 1,200,384.42

REPAIRS & MAINTENANCE0.00 0 0.00 ACCESS SYSTEM REPAIR 622.50 900 277.50 1,200 577.50

3,000.00 1,350 (1,650.00) COMMUNITY GARDEN MAINTENANCE & REPA 13,985.27 9,570 (4,415.27) 15,720 1,734.73 0.00 800 800.00 ELECTRICAL REPAIR 2,060.92 2,400 339.08 3,200 1,139.08 0.00 0 0.00 EQUIPMENT REPAIR 5,585.21 5,462 (123.05) 7,092 1,506.95

6,301.47 7,356 1,054.64 IRRIGATION REPAIR 49,241.65 53,993 4,751.12 68,705 19,463.34 3,190.00 0 (3,190.00) BACKFLOW TESTING 3,190.00 4,800 1,610.00 4,800 1,610.00

37,717.56 23,650 (14,067.56) LANDSCAPE REPAIRS/REPLACEMENT 98,218.78 109,575 11,356.22 115,875 17,656.22 12,620.00 13,628 1,008.00 LANDSCAPE IMPROVEMENTS 19,555.00 21,128 1,573.00 29,957 10,402.00

0.00 2,350 2,350.00 RV LOT REPAIRS & MAINTENANCE 7,814.17 20,400 12,585.83 27,450 19,635.83 0.00 0 0.00 SIGNAGE 170.96 2,575 2,404.04 2,575 2,404.04

299.15 250 (49.15) VEHICLE REPAIRS 1,396.65 1,215 (181.65) 1,501 104.35 0.00 285 285.00 MISCELLANEOUS REPAIRS 1,504.87 2,565 1,060.13 3,420 1,915.13 0.00 0 0.00 VANDALISM 1,824.99 950 (874.99) 1,300 (524.99)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯63,128.18 49,669 (13,459.07) TOTAL REPAIRS & MAINTENANCE 205,170.97 235,533 30,361.96 282,795 77,624.18

PARTS & SUPPLIES613.96 375 (238.96) VEHICLE FUEL 3,581.80 3,375 (206.80) 4,500 918.20

40.86 45 4.14 VEHICLE PARTS/TIRES 1,193.92 1,035 (158.92) 1,170 (23.92)0.00 510 510.00 LIGHTING SUPPLIES 161.34 1,270 1,108.66 1,780 1,618.66

1,585.53 2,025 439.47 PARK SUPPLIES 10,083.17 15,150 5,066.83 18,150 8,066.83 0.00 0 0.00 MAINTENANCE P & S 1,030.80 1,500 469.20 2,000 969.20

62.58 205 142.42 MISCELLANEOUS 762.17 1,845 1,082.83 2,460 1,697.83 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯

2,302.93 3,160 857.07 TOTAL PARTS & SUPPLIES 16,813.20 24,175 7,361.80 30,060 13,246.80

UTILITIES2,699.90 3,294 594.10 ELECTRICITY 16,236.65 21,439 5,202.35 29,163 12,926.35

7.95 51 43.05 GAS 5,673.14 915 (4,757.94) 1,575 (4,097.94)10,473.22 15,813 5,339.79 WATER 329,215.31 353,861 24,645.61 387,160 57,944.57

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯13,181.07 19,158 5,976.94 TOTAL UTILITIES 351,125.10 376,215 25,090.02 417,898 66,772.98

TAXES

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09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

0.00 0 0.00 REAL ESTATE TAXES (34,914.19) 1,100 36,014.19 1,350 36,264.19 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯

0.00 0 0.00 TOTAL TAXES (34,914.19) 1,100 36,014.19 1,350 36,264.19

INSURANCE897.33 1,045 148.12 DIRECTORS & OFFICERS 8,075.97 9,011 934.84 12,147 4,071.19

6,080.59 6,540 459.16 ASSOC MASTER POLICY 53,641.96 55,457 1,815.28 75,076 21,434.53 0.00 0 0.00 INLAND MARINE POLICY 1,988.00 0 (1,988.00) 0 (1,988.00)

1,322.41 1,042 (280.46) EXCESS LIABILITY 9,041.29 8,981 (60.70) 12,106 3,065.15 47.50 48 0.00 WORKERS COMPENSATION 427.50 428 0.00 570 142.50

641.42 673 32.07 EARTHQUAKE INSURANCE 5,772.78 5,805 32.07 7,825 2,052.54 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯

8,989.25 9,348 358.89 TOTAL INSURANCE 78,947.50 79,681 733.49 107,725 28,777.91

OQUIRRH LAKE2,073.79 1,901 (173.08) OQUIRRH LAKE STAFFING SALARIES & BE 50,287.61 58,360 8,072.70 58,360 8,072.70 2,771.46 8,880 6,108.18 OQUIRRH LAKE HOST 84,127.86 92,025 7,897.50 92,025 7,897.50 4,179.08 1,796 (2,382.92) WATER TAXI 27,740.35 30,834 3,093.73 30,834 3,093.73

496.74 490 (6.74) OQUIRRH ON SITE BLDG STORAGE 4,470.66 4,771 300.34 6,241 1,770.34 417.42 0 (417.42) OQUIRRH PORTA POTTY RENT 1,811.72 2,700 888.28 2,700 888.28

36.66 0 (36.66) OQUIRRH BOAT SUPPLIES & REPAIRS 4,999.33 6,400 1,400.67 6,400 1,400.67 0.00 0 0.00 UNIFORMS 1,622.00 1,800 178.00 1,800 178.00 0.00 0 0.00 FIRST AID 275.00 200 (75.00) 200 (75.00)0.00 29,167 29,166.67 LAKE MAINTENANCE 0.00 262,500 262,500.03 350,000 350,000.04

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯9,975.15 42,233 32,258.03 TOTAL OQUIRRH LAKE 175,334.53 459,591 284,256.25 548,561 373,226.26

SPLASH POOLADMINISTRATION

356.16 456 100.07 SPLASH POOL STAFF SERVICES 12,450.01 12,323 (126.85) 12,323 (126.85)0.00 0 0.00 SPLASH POOL UNIFORMS 200.00 200 0.00 200 0.00 0.00 15 15.00 SPLASH POOL LICENSE & FEES 344.00 385 41.00 385 41.00 0.00 0 0.00 SPLASH POOL MISCELLANEOUS 411.92 600 188.08 600 188.08

REPAIRS & MAINTENANCE272.10 0 (272.10) START UP & MAINT 1,299.61 580 (719.61) 1,130 (169.61)

0.00 0 0.00 EQUIPMENT REPAIRS 343.00 600 257.00 600 257.00

PARTS & SUPPLIES600.00 0 (600.00) SPLASH POOL FIRST AID 600.00 600 0.00 600 0.00 117.53 0 (117.53) POOL & RESTROOM SUPPLIES 445.78 525 79.22 525 79.22

0.00 500 500.00 SPLASH POOL CHEMICALS 2,179.57 2,000 (179.57) 2,000 (179.57)

UTILITIES237.58 50 (187.58) SPLASH POOL GAS 886.49 1,315 428.51 1,345 458.51 212.80 250 37.20 SPLASH POOL ELECTRIC 870.27 1,350 479.73 1,560 689.73 284.09 250 (34.09) SEWER/WATER 1,431.58 2,475 1,043.42 3,180 1,748.42 164.46 130 (34.46) PHONE & DSL 1,449.56 1,170 (279.56) 1,560 110.44

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯2,244.72 1,651 (593.49) TOTAL SPLASH POOL 22,911.79 24,123 1,211.37 26,008 3,096.37

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MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

EASTLAKE POOLADMINISTRATION

1,443.73 3,522 2,078.05 POOL STAFF SER VICES 81,829.55 101,108 19,278.81 101,108 19,278.81 0.00 30 30.00 POOL LICENSE & FEES 710.00 875 165.00 875 165.00 0.00 0 0.00 MEETING EXPENSE 191.21 200 8.79 200 8.79 0.00 0 0.00 SWIM LESSON EXPENSE 3,401.69 3,864 462.31 3,864 462.31 0.00 0 0.00 EDUCATION/TRAINING/SAFETY 1,230.00 1,375 145.00 1,375 145.00

431.36 0 (431.36) POOL OFFICE SUPPLIES 3,646.34 2,120 (1,526.34) 2,120 (1,526.34)0.00 0 0.00 UNIFORMS 1,089.00 1,300 211.00 1,300 211.00

56.00 155 99.00 PHONE 345.45 975 629.55 1,125 779.55

REPAIRS & MAINTENANCE1,164.72 1,000 (164.72) START UP & WINTERIZATION 3,979.91 3,600 (379.91) 4,000 20.09

0.00 0 0.00 POOL & EQUIPMENT REPAIRS 2,225.01 2,350 124.99 2,350 124.99

PARTS & SUPPLIES(138.12) 1,000 1,138.12 CHEMICALS SUPPLY 8,886.12 12,600 3,713.88 12,600 3,713.88 196.29 0 (196.29) FIRST AID SUPPLIES 488.47 695 206.53 695 206.53

UTILITIES960.73 1,200 239.27 ELECTRIC 4,873.99 4,900 26.01 5,700 826.01 963.97 889 (74.97) EASTLAKE POOL GAS 6,634.57 9,289 2,654.43 9,689 3,054.43

1,181.64 526 (655.62) SEWER/WATER 5,101.33 4,608 (493.73) 5,704 602.29 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯

6,260.32 8,322 2,061.48 TOTAL EASTLAKE POOL 124,632.64 149,859 25,226.32 152,705 28,072.34 BROOKSIDE POOL

ADMINISTRATION1,365.96 1,798 432.27 BROOKSIDE POOL STAFF 41,101.34 48,024 6,923.05 48,024 6,923.05

0.00 0 0.00 BROOKSIDE LICENSE 310.00 475 165.00 475 165.00 10.28 0 (10.28) BROOKSIDE EDUCATION 210.28 650 439.72 650 439.72 78.99 0 (78.99) BROOKSIDE POOL SUPPLIES 1,892.93 1,650 (242.93) 1,650 (242.93)

0.00 0 0.00 BROOKSIDE POOL UNIFORMS 699.00 550 (149.00) 550 (149.00)31.65 50 18.35 BROOKSIDE POOL PHONE 235.75 450 214.25 600 364.25

REPAIRS & MAINTENANCE727.72 600 (127.72) BROOKSIDE START UP/WINTERIZATION 1,881.82 2,000 118.18 2,400 518.18

0.00 300 300.00 BROOKSIDE POOL & EQUIPMENT 1,761.21 1,400 (361.21) 1,400 (361.21)

PARTS & SUPPLIES407.27 550 142.73 BROOKSIDE CHEMICALS 4,324.22 5,750 1,425.78 5,750 1,425.78 500.00 0 (500.00) BROOKSIDE FIRST AID 800.00 800 0.00 800 0.00

UTILITIES572.40 975 402.60 BROOKSIDE POOL ELECTRICITY 2,408.98 4,675 2,266.02 5,470 3,061.02 842.66 889 46.34 BROOKSIDE POOL GAS 3,969.72 4,789 819.28 5,089 1,119.28 163.64 526 362.38 BROOKSIDE SEWER/WATER 1,271.72 4,368 3,096.00 5,464 4,192.02

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯4,700.57 5,688 987.68 TOTAL BROOKSIDE POOL 60,866.97 75,581 14,714.14 78,322 17,455.16

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09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

DCC POOL

ADMINISTRATION0.00 0 0.00 DCC POOL LOAN EXP 434.32 0 (434.32) 0 (434.32)

14,853.78 3,419 (11,434.58) DCC POOL STAFF 58,130.87 98,163 40,032.59 98,163 40,032.59 0.00 0 0.00 DCC PL UNIFORM 985.10 1,300 314.90 1,300 314.90 0.00 0 0.00 DCC EDUCATION 520.00 625 105.00 625 105.00

1,060.00 30 (1,030.00) DCC LICENSE 1,714.00 255 (1,459.00) 255 (1,459.00)10.78 0 (10.78) DCC MEETING EXPENSE 120.07 200 79.93 200 79.93

0.00 0 0.00 DCC SWIM LESSONS 0.00 3,614 3,614.00 3,614 3,614.00 353.99 0 (353.99) DCC POOL SUPPLY 3,088.80 2,120 (968.80) 2,120 (968.80)

56.00 155 99.00 DCC POOL PHONE 228.47 775 546.53 925 696.53 0.00 0 0.00 DCC FIRST AID 0.00 800 800.00 800 800.00

3,306.20 5,145 1,838.80 DCC POOL LOAN INT 6,485.67 46,308 39,822.33 61,753 55,267.33

POOL CONSTRUCTION1,750.00 0 (1,750.00) DCC POOL EXPENSE 1,165,998.45 0 (1,165,998.45) 0 (1,165,998.45)

REPAIRS & MAINTENANCE0.00 1,000 1,000.00 DCC START UP 2,360.20 3,200 839.80 3,600 1,239.80 0.00 0 0.00 DCC POOL & EQUIPMENT 335.70 2,350 2,014.30 2,350 2,014.30

PARTS & SUPPLIES1,290.48 1,000 (290.48) DCC CHEMICALS 2,963.98 12,600 9,636.02 12,600 9,636.02

UTILITIES0.00 1,200 1,200.00 DCC POOL ELECTRIC 0.00 4,500 4,500.00 5,300 5,300.00

141.98 1,000 858.02 DCC POOL GAS 474.12 8,500 8,025.88 8,900 8,425.88 296.63 526 229.39 DCC SEWER/WATER 744.21 3,296 2,551.63 4,392 3,647.65

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯23,119.84 13,475 (9,644.62) TOTAL DCC POOL 1,244,583.96 188,606 (1,055,977.66) 206,897 (1,037,686.64)

UPPER VILLAGES POOL

ADMINISTRATION5,401.59 3,419 (1,982.39) UPPER VLG POOL STAFF 71,323.22 98,164 26,840.59 98,164 26,840.59

0.00 0 0.00 UPPER VLG PL UNIFORM 919.12 1,300 380.88 1,300 380.88 0.00 0 0.00 UPPER VLG EDUCATION 300.00 625 325.00 625 325.00

51.00 30 (21.00) UPPER VLG LICENSE 361.00 255 (106.00) 255 (106.00)0.00 0 0.00 UPPER VLG MTG EXPENS 71.29 150 78.71 150 78.71 0.00 0 0.00 UPPER VLG SWIM LSN 0.00 3,614 3,614.00 3,614 3,614.00

196.51 0 (196.51) UPPER VLG POOL SPPLY 3,847.54 2,120 (1,727.54) 2,120 (1,727.54)23.42 155 131.58 UPPER VLG POOL PHONE 405.44 775 369.56 925 519.56

0.00 0 0.00 UPPER VLG FIRST AID 96.20 800 703.80 800 703.80

REPAIRS & MAINTENANCE999.78 1,000 0.22 UPPER VLG START UP 1,786.44 3,200 1,413.56 3,600 1,813.56

0.00 0 0.00 UPPER VLG POOL & EQP 903.00 2,350 1,447.00 2,350 1,447.00

PARTS & SUPPLIES

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MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

673.52 1,000 326.48 UPPER VLG CHEMICALS 6,925.19 12,600 5,674.81 12,600 5,674.81

UTILITIES0.00 1,200 1,200.00 UPPER VLG POOL ELEC 470.16 4,900 4,429.84 5,700 5,229.84

1,067.01 1,000 (67.01) UPPER VLG POOL GAS 3,917.67 8,900 4,982.33 9,300 5,382.33 177.01 526 349.01 UPPER VLG SEWER/WATE 393.92 4,757 4,363.28 5,853 5,459.30

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯8,589.84 8,330 (259.62) TOTAL UPPER VILLAGES POOL 91,720.19 144,510 52,789.82 147,356 55,635.84

OTHER EXPENSES0.00 0 0.00 CONTINGENCY 2,250.55 6,400 4,149.45 12,800 10,549.45

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯0.00 0 0.00 TOTAL OTHER EXPENSES 2,250.55 6,400 4,149.45 12,800 10,549.45

488,465.12 566,896 78,430.41 TOTAL OPERATING EXPENSES 5,449,049.46 5,309,422 (139,627.39) 6,710,513 1,261,463.94

164,110.67 64,334 99,776.68 NET OPERATING INCOME BEFORE DEPR 294,169.68 311,187 (17,017.48) 908,088 613,918.11

12,866.93 12,556 (311.11) DEPRECIATION EXPENSE 114,557.93 113,002 (1,555.55) 150,670 36,111.91

151,243.74 51,778 99,465.57 NET OPERATING INCOME AFTER DEPR 179,611.75 198,185 (18,573.03) 757,418 577,806.20 ––––––––– ––––––– ––––––––– ––––––––––– –––––––– –––––––––––– –––––––– ––––––––––––

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MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

COMMUNITY CENTER

INCOME3,211.84 3,300 (88.16) CLASS REVENUE 24,085.99 27,600 (3,514.01) 35,100 11,014.01

877.99 1,250 (372.01) GUEST FEES 12,797.99 15,100 (2,302.01) 18,150 5,352.01 955.00 1,500 (545.00) CHILDWATCH FEES 9,334.50 13,050 (3,715.50) 17,400 8,065.50

0.00 300 (300.00) VENDING INCOME 897.80 850 47.80 1,000 102.20 230.00 300 (70.00) FOB FEES 7,643.29 9,450 (1,806.71) 10,150 2,506.71

35.60 30 5.60 APPAREL 895.10 285 610.10 375 (520.10)3,761.25 3,046 715.25 ROOM RENTAL 31,039.00 27,414 3,625.00 36,552 5,513.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯9,071.68 9,726 (654.32) TOTAL INCOME 86,693.67 93,749 (7,055.33) 118,727 32,033.33

EXPENSES28,737.43 29,428 690.17 SALARIES & BENEFITS 272,526.19 281,034 8,507.39 372,517 99,990.54

0.00 500 500.00 UNIFORMS 1,303.67 1,590 286.33 1,980 676.33 0.00 700 700.00 LICENSE, FEES & PERMITS 6,982.53 6,600 (382.53) 8,700 1,717.47

120.84 0 (120.84) MEETING EXPENSE 242.39 360 117.61 600 357.61 448.21 310 (138.21) OFFICE SUPPLIES 2,264.68 2,790 525.32 3,720 1,455.32 217.41 530 312.59 COMP EQUIP/COPIER LEASE 3,899.88 4,770 870.12 6,360 2,460.12 425.53 347 (78.53) TELEPHONE 3,859.32 3,123 (736.32) 4,164 304.68

32.70 300 267.30 MILEAGE 799.55 2,049 1,249.45 2,298 1,498.45 600.00 800 200.00 FIRST AID 1,178.74 1,800 621.26 1,800 621.26

1,483.64 2,570 1,086.36 FITNESS SUPPLIES 4,926.34 7,710 2,783.66 7,710 2,783.66 123.32 0 (123.32) NEW OFFICE EQUIPMENT 5,623.09 3,705 (1,918.09) 6,105 481.91

2,542.30 3,100 557.70 CLASS EXPENSE 24,725.91 27,900 3,174.09 37,200 12,474.09 0.00 345 345.00 WINDOW WASHING 650.00 690 40.00 690 40.00

4,711.25 5,100 388.75 REMOTE ACCESS ENTRY 20,293.24 15,300 (4,993.24) 20,400 106.76 59.70 33 (26.70) MUSIC/SOUND SYSTEM 518.77 604 85.23 703 184.23

5,545.01 7,421 1,875.99 CLEANING/JANITORIAL 68,878.65 67,222 (1,656.71) 90,497 21,618.35 220.00 450 230.00 LANDSCAPE MAINTENANCE 2,020.00 3,150 1,130.00 4,050 2,030.00 220.00 0 (220.00) LANDSCAPE EXTRAS 220.00 1,800 1,580.00 3,600 3,380.00

29,411.80 29,412 0.00 COMM CENTER LOAN PAYMENT 264,706.20 264,706 0.00 352,942 88,235.40 (13,463.19) 0 13,463.19 COMM CNTR PRINCIPAL (121,662.22) 0 121,662.22 0 121,662.22

0.00 0 0.00 SNOW REMOVAL 0.00 850 850.00 1,700 1,700.00 690.05 349 (341.05) CONTRACT SERVICES 3,531.71 3,464 (67.71) 4,324 792.29

0.00 0 0.00 ELECTRICAL REPAIRS 0.00 200 200.00 300 300.00 0.00 0 0.00 LIGHTING REPAIRS 610.73 1,200 589.27 1,400 789.27 0.00 0 0.00 IRRIGATION REPAIRS 308.00 450 142.00 450 142.00

262.51 1,200 937.49 REPAIRS & MAINTENANCE 13,257.32 14,850 1,592.68 20,650 7,392.68 661.14 700 38.86 JANITORIAL SUPPLIES 8,285.85 7,500 (785.85) 9,600 1,314.15

14.96 0 (14.96) PARTS & SUPPLIES 513.67 600 86.33 900 386.33 4,199.23 3,991 (208.48) ELECTRICITY 27,842.96 35,917 8,073.79 47,889 20,046.04

440.00 440 0.00 GAS 1,948.95 3,960 2,011.05 5,280 3,331.05 332.00 332 0.00 WATER/TRASH 2,605.64 2,988 382.36 3,984 1,378.36 129.99 0 (129.99) COMM CNTR IMPROVEMENTS 1,397.86 1,300 (97.86) 4,300 2,902.14

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯68,165.83 88,357 20,191.32 TOTAL EXPENSES 624,259.62 770,181 145,921.85 1,026,812 402,552.71

(59,094.15) (78,631) 19,537.00 COMM CENTER PROFIT (LOSS) (537,565.95) (676,432) 138,866.52 (908,085) (370,519.38)

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09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

92,149.59 (26,853) 119,002.57 NET PROFIT (LOSS) (357,954.20) (478,248) 120,293.49 (150,667) 207,286.82 ––––––––– ––––––– ––––––––– ––––––––––– –––––––– –––––––––––– –––––––– ––––––––––––

11/05/2018 DAYBREAK COMMUNITY ASSOCIATION Page: 1 3:31 AM BALANCE SHEET - RESERVES (UNAUDITED)

09/30/2018

CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

ASSETS

CASH - RESERVE FUNDCASH-RESERVES 379,367.79 348,652.29 30,715.50 CASH-RESERVES 247,714.62 247,568.07 146.55 MONEY MARKET RSV 50,841.86 50,841.86 0.00 CERTIFICATE OF DEPOSIT 157,278.85 156,982.09 296.76 AMTRUST BANK CD 103,521.73 103,361.90 159.83 RESERVE CD 202,313.28 201,973.35 339.93 RESERVE CD 249,949.63 249,949.63 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ TOTAL CASH - RESERVE FUND 1,390,987.76 1,359,329.19 31,658.57

ACCOUNTS RECEIVABLEA/R RESERVES (951.29) (740.44) (210.85)

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE (951.29) (740.44) (210.85)

TOTAL ASSETS 1,390,036.47 1,358,588.75 31,447.72 ––––––––––– ––––––––––– ––––––––

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CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

LIABILITIES & FUND BALANCE

CURRENT LIABILITIESACCRUALS - RESERVES 4,801.00 0.00 4,801.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ TOTAL CURRENT LIABILITIES 4,801.00 0.00 4,801.00

TOTAL LIABILITIES 4,801.00 0.00 4,801.00

FUND BALANCERESERVE FUND EQUITY 1,130,492.30 1,130,492.30 0.00 TRANSFER TO OPERATING (26,133.45) (26,133.45) 0.00 NET INCOME (LOSS) 280,876.62 254,229.90 26,646.72

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ TOTAL FUND BALANCE 1,385,235.47 1,358,588.75 26,646.72

TOTAL LIABILITIES & FUND BALANCE 1,390,036.47 1,358,588.75 31,447.72 ––––––––––– ––––––––––– ––––––––

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09/30/2018

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

30,660.00 0 30,660.00 TRANSFER FROM OP'G 275,940.00 0 275,940.00 0 (275,940.00)0.00 0 0.00 ADDT'L FUNDING TRANS 27,500.00 0 27,500.00 0 (27,500.00)

998.57 0 998.57 RESERVE INTEREST 10,739.55 0 10,739.55 0 (10,739.55)¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯¯¯

31,658.57 0 31,658.57 TOTAL INCOME 314,179.55 0 314,179.55 0 (314,179.55)

EXPENSES5,011.85 0 (5,011.85) DRINKING FOUNTAINS 16,711.85 0 (16,711.85) 0 (16,711.85)

0.00 0 0.00 ACCESS SYSTEM (8,256.27) 0 8,256.27 0 8,256.27 0.00 0 0.00 COMPUTER REPLACEMENT 4,363.66 0 (4,363.66) 0 (4,363.66)0.00 0 0.00 COMPUTER EQUIPMENT- ASSET 1417 2,801.96 0 (2,801.96) 0 (2,801.96)0.00 0 0.00 TREE REPLACEMENT 6,150.00 0 (6,150.00) 0 (6,150.00)0.00 0 0.00 CANOES 1,722.94 0 (1,722.94) 0 (1,722.94)0.00 0 0.00 POOL REPAIRS 4,243.79 0 (4,243.79) 0 (4,243.79)0.00 0 0.00 MISC 5,565.00 0 (5,565.00) 0 (5,565.00)

¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯¯¯¯5,011.85 0 (5,011.85) TOTAL EXPENSES 33,302.93 0 (33,302.93) 0 (33,302.93)

26,646.72 0 26,646.72 NET INCOME (LOSS) 280,876.62 0 280,876.62 0 (280,876.62)–––––––– –– –––––––– ––––––––– –– ––––––––– –– ––––––––––

Daybreak Community Association

Collection Summary

As of 9/30/2018

YTD Assessment Delinquent YTD Assessment Delinquent

Account Totals 509 $222,500.73 ($222,500.73/$7,618,598.00) Account Totals 480 $189,743.77 ($222,500.73/$7,618,598.00) Account Totals (29) ($32,756.96)

Assessments $194,137.65 2.92% Assessments $157,961.45 2.49% Assessments ($36,176.20)

Payment Plan Fees $1,750.00 Payment Plan Fees $3,057.00 Payment Plan Fees $1,307.00

Collection Fees $16,140.86 YTD Homeowner Delinquent Collection Fees $16,415.60 YTD Homeowner Delinquent Collection Fees $274.74

Violation Fines $6,871.22 509 delinquent units /5235 total units Violation Fines $8,583.72 509 delinquent units /5273 total units Violation Fines $1,712.50

Unpaid Closing Fees $3,601.00 9.72% Unpaid Closing Fees $3,726.00 9.10% Unpaid Closing Fees $125.00

Accounts at Collection 77 $146,175.89 YTD Assessment Delinquent Accounts at Collection 67 $121,225.55 YTD Assessment Delinquent Account Totals 185 ($37,583.98)

49 $101,057.95 (Nuisance Amounts Removed) 43 $86,437.56 (Nuisance Amounts Removed) Paid at HOA 133 ($23,286.28) - Payment Plan 28 $45,117.94 $214,595.71 - Payment Plan 24 $34,787.99 $179,622.48 - Payment Plan 26 ($4,622.85)

- Write Off 0 $0.00 - Write Off 0 $0.00 Paid at Collection 15 ($6,459.81)

Accounts at HOA 432 $76,324.84 YTD Homeowner Delinquent Accounts at HOA 413 $68,518.22 YTD Homeowner Delinquent - Payment Plan 11 ($3,215.04)

- Write Off 0 $0.00 (Nuisance Amounts Removed) - Write Off 0 $0.00 (Nuisance Amounts Removed) Write Offs $0.00 - Payment Plan 47 $19,263.01 4.37% - Payment Plan 59 $46,770.55 3.53% Bad Debt Recovery ($317.98)

- Send to Collection 0 $0.00 - Send to Collection 17 $10,065.78 Charges $5,145.00

As of 8/31/17 As of 9/30/17 Assessments $339.00

YTD Assessment Delinquent YTD Assessment Delinquent Payment Plan Fees $1,605.00

($229,702.43/$6,874,654.00) ($203,802.05/$6,874,654.00) Violation Fines/Postage $900.003.34% 2.96% Unpaid Closing Fees $0.00

Account Totals 19 $34,637.78 Collection Fees $2,301.00

YTD Homeowner Delinquent Bankruptcy 16 $22,151.59 YTD Homeowner Delinquent

514 delinquent units /4722 total units Foreclosure 3 $12,486.19 428 delinquent units /4748 total units

10.89% 9.01%

Account Totals 4 $919.35 Paid at HOA

- Payment Plan 3 $829.35

Paid at Collection 1 $90.00 - Payment Plan

Running Total Accts Susp. 3,378 $1,317,697.29 Running Total Accts Susp. 3,378 $1,317,697.29 Total Accounts Suspended 0 $0.00

Accounts Restored 3,261 ($1,223,542.79) Accounts Restored 3,262 ($1,223,919.29) Accounts Restored 1 ($376.50)

- Paid in Full 2,901 ($1,050,467.11) - Paid in Full 2,902 ($1,050,843.61) - Paid in Full ($376.50)

- Payment Plan 360 ($173,075.68) - Payment Plan 360 ($173,075.68) - Payment Plan $0.00

Restorals include accounts restored due to home sell

Remaining Suspended Accts. 117 $94,154.50 Remaining Suspended Accts. 116 $93,778.00

Payments made after September 30, 2018(Updated as of 10/3/2018

(potential future write offs / not included in above amount)

September, 2018 60 + Days Delinquent

Account Detail

Net Change

Detail for above Net ChangeAccount Detail

Accounts Pending Bankruptcy/Foreclosure

August, 2018 60 + Days Delinquent

Bottom Line

CenturyLink - Post Suspension UpdateUpdated as of 10/16/2018Updated as of 9/19/2018

Net ChangeCenturyLink - Post Suspension Update

Bottom Line

$0.00

$100,000.00

$200,000.00

$300,000.00

$400,000.00

$500,000.00

2017/2018 Delinquent Accounts Receivable

0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%

% of Delinquent Assessments 2018