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Chimney Hill E S T A T E S2021 CASH FLOW STATEMENTMonth #12
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JanFebMarAprMayJunJulAugSepOctNovDec2021 Total Cost Per Unit Per Mo.Budget Estimate
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I. MONTHLY CONDO FEES
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Total Condo Fees Due -$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$13,200.00$158,570.00
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Less Previously Paid =$900.00$4,800.00$4,800.00$3,600.00$3,900.00$4,800.00$2,400.00$4,200.00$3,900.00$3,900.00$3,600.00$3,900.00
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Condo Fees Due $12,300.00$8,400.00$8,400.00$9,600.00$9,300.00$8,400.00$10,800.00$9,000.00$9,300.00$9,300.00$9,600.00$9,300.00
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II. INCOME
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Monthly Condo Fees Due & Paid + $12,300.00$8,400.00$8,100.00$9,900.00$9,300.00$8,400.00$10,800.00$9,000.00$9,300.00$9,300.00$9,600.00$9,300.00
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Monthly Fees Paid In Adv This Month +
$19,500.00$300.00$300.00$1,500.00$2,700.00$5,100.00$6,300.00$600.00$900.00$1,500.00$2,700.00$2,275.00
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Other Income +$75.00$75.00$75.00$62.74
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Transfers Fr Pre-Pay Or Other Accts =
$1,180.96$4,800.00$4,800.00$3,600.00$3,900.00$4,800.00$11,580.00$4,200.00$3,900.00$9,900.00$3,600.00$3,900.00
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Monthly Deposits (Per Bank Stmt) +
$32,980.96$13,500.00$13,200.00$15,075.00$15,975.00$18,300.00$28,755.00$13,800.00$14,100.00$20,700.00$15,962.74$15,475.00
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C/O From Previous Month Checking -
$46,201.71$52,228.35$41,249.45$51,912.75$53,282.42$56,314.76$56,277.72$51,897.28$52,439.04$52,636.52$50,560.39$46,926.10
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Transfer To Pre-Pay Or Cap Acct =$19,500.00$300.00$300.00$1,500.00$2,700.00$5,100.00$6,300.00$600.00$900.00$1,500.00$2,700.00$2,275.00
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Total Income $59,682.67$65,428.35$54,149.45$65,487.75$66,557.42$69,514.76$78,732.72$65,097.28$65,639.04$71,836.52$63,823.13$60,126.10
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III. PAID EXPENSES
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Contract Services
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Lawncare Maintenance (Cameron)$6,054.44$6,054.44$6,426.67$6,692.54$6,054.44$6,054.44$6,054.44$6,054.44$49,445.85$93.65$49,000.00
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Snow Removal & Sand/Salt (Cameron)
$2,717.24$23,125.82$3,344.71$29,187.77$55.28$36,000.00
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Fertilization, Etc. (TruGreen)$1,823.16$3,076.72$1,505.14$1,047.72$517.33$7,970.07$15.09$10,000.00
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Irrigation System Maint(Anderson)$2,242.01$201.16$157.54$2,100.41$4,701.12$8.90$5,400.00
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Tree Removal/Replacement $212.70$3,296.85$3,077.80$6,587.35$12.48$7,500.00
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Trash Removal (Waste Material)$3,142.54$2,970.93$3,354.00$500.00$3,432.00$13,399.47$25.38$13,500.00
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Total Contract Services$6,072.48$23,125.82$0.00$10,848.53$8,296.45$9,704.55$13,343.39$11,137.38$6,211.98$12,634.57$6,571.77$3,344.71$111,291.63$210.78$121,400.00
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% of Total Expenses66.27%
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Other Maintenance$0.00$0.00
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Sidewalk/Asphalt/Lights, Etc.$12,180.00$6,788.00$2,215.00$21,183.00$40.12$2,010.00
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Misc Grounds Maintneance$50.00$211.10$179.86$623.53$193.16$1,490.29$2,747.94$5.20$2,200.00
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Landscape Services$525.00$366.53$1,000.00$425.00$2,316.53$4.39
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Seasonal Planting Projects$323.01$585.91$42.54$244.00$139.14$1,334.60$2.53$2,000.00
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Total Other Maintenance$0.00$0.00$50.00$323.01$797.01$0.00$12,402.40$525.00$623.53$7,591.69$4,844.43$425.00$27,582.07$52.24$6,210.00
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% of Total Expenses16.42%
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Utilities
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Electricity (Eversource)$400.88$353.08$361.56$333.79$291.55$366.79$325.84$295.86$351.00$349.87$99.03$111.19$3,640.44$6.89$5,000.00
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Water (Connecticut Water)$322.14$2,443.92$63.81$5,066.01$2,115.67$10,011.55$18.96$11,500.00
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Total Utilities$400.88$353.08$683.70$333.79$291.55$2,810.71$389.65$295.86$5,417.01$349.87$99.03$2,226.86$13,651.99$25.86$16,500.00
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% of Total Expenses8.13%
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Insurance
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Liability/Property (Philadelphia Ins)$4,547.00$25.00$4,572.00$8.66$4,400.00
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D&O (Philadelphia Ins)$803.00$803.00$1.52$840.00
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Total Insurance$0.00$0.00$803.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4,547.00$25.00$5,375.00$10.18$5,240.00
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% of Total Expenses3.20%
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Administrative
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Audit /Tax return$280.96$280.96$0.53$170.00
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State Filing$50.00$50.00$0.09$50.00
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General Office, Meetings$157.65$21.78$134.80$373.78$688.01$1.30$600.00
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Total Administrative$280.96$0.00$0.00$0.00$157.65$21.78$0.00$0.00$50.00$0.00$134.80$373.78$1,018.97$1.93$820.00
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% of Total Expenses0.61%
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Reserves
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Cap Reserve Monthly Contribution$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$8,400.00$15.91$8,400.00
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Cap Reserve Additional Contribution$628.05$628.05$1.19
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Operating Reserve Contribution$0.00$0.00
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Total Cap Reserve$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$1,328.05$9,028.05$17.10$8,400.00
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% Of Total Expenses5.38%
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TOTAL EXPENSES$7,454.32$24,178.90$2,236.70$12,205.33$10,242.66$13,237.04$26,835.44$12,658.24$13,002.52$21,276.13$16,897.03$7,723.40$167,947.71$318.08$158,570.00
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Total Inc Less Total Exp =
Less Capital Reserve Funding
$289.33
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Checking Account Balance$52,228.35$41,249.45$51,912.75$53,282.42$56,314.76$56,277.72$51,897.28$52,439.04$52,636.52$50,560.39$46,926.10$52,402.70
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IV. PRE-PAY ACCOUNT
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Start Of Month Balance$5,218.61$23,818.75$19,318.92$14,819.08$12,719.20$11,519.30$11,819.43$15,719.57$12,119.70$9,119.80$6,719.87$5,819.93
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From Checking Acct$19,500.00$300.00$300.00$1,500.00$2,700.00$5,100.00$6,300.00$600.00$900.00$1,500.00$2,700.00$2,275.00
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To Checking Acct$900.00$4,800.00$4,800.00$3,600.00$3,900.00$4,800.00$2,400.00$4,200.00$3,900.00$3,900.00$3,600.00$3,900.00
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Interest$0.14$0.17$0.16$0.12$0.10$0.13$0.14$0.13$0.10$0.07$0.06$0.06
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End Of Month Balance$23,818.75$19,318.92$14,819.08$12,719.20$11,519.30$11,819.43$15,719.57$12,119.70$9,119.80$6,719.87$5,819.93$4,194.99
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V. CAPITAL RESERVE ACCOUNT/CD
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Start Of Month Balance$96,462.36$97,199.47$97,935.33$98,677.62$99,416.11$100,136.59$100,839.75$92,362.59$93,065.58$93,768.39$88,471.08$89,174.04
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Budgeted Contribution$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00$700.00
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Additional Contribution$628.05
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To Checking Acct$9,180.00$6,000.00
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Interest$37.11$35.86$42.29$38.49$20.48$3.16$2.84$2.99$2.81$2.69$2.96$2.87
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End Of Month Balance$97,199.47$97,935.33$98,677.62$99,416.11$100,136.59$100,839.75$92,362.59$93,065.58$93,768.39$88,471.08$89,174.04$90,504.96
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VI. OPERATING RESERVE ACCT/CD
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Start Of Month Balance$14,444.02$14,170.49$14,177.67$14,186.12$14,193.82$14,197.91$14,198.53$14,199.10$14,199.70$14,200.27$14,200.83$14,201.43
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Contribution
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To Checking Acct$280.96
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Interest$7.43$7.18$8.45$7.70$4.09$0.62$0.57$0.60$0.57$0.56$0.60$0.60
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End Of Month Balance$14,170.49$14,177.67$14,186.12$14,193.82$14,197.91$14,198.53$14,199.10$14,199.70$14,200.27$14,200.83$14,201.43$14,202.03
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