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Chimney Hill E S T A T E S2022 CASH FLOW STATEMENTMonth #12
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JanFebMarAprMayJunJulAugSepOctNovDec2022 Total Cost Per Unit Per Mo.Budget Estimate
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I. MONTHLY CONDO FEES
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Total Condo Fees Due -$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$14,300.00$171,600.00
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Less Previously Paid =$975.00$4,550.00$4,225.00$3,575.00$4,550.00$4,550.00$3,250.00$4,550.00$4,550.00$3,900.00$3,900.00$4,225.00
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Condo Fees Due $13,325.00$9,750.00$10,075.00$10,725.00$9,750.00$9,750.00$11,050.00$9,750.00$9,750.00$10,400.00$10,400.00$10,075.00
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II. INCOME
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Monthly Condo Fees Due & Paid + $13,350.00$9,750.00$10,075.00$10,725.00$9,750.00$9,750.00$11,050.00$9,750.00$9,750.00$10,400.00$10,400.00$10,075.00
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Monthly Fees Paid In Adv This Month +
$20,275.00$325.00$2,600.00$1,950.00$6,175.00$7,150.00$975.00$650.00$1,950.00$975.00$4,225.00
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Other Income +$75.00$75.00
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Transfers Fr Pre-Pay Or Other Accts =
$975.00$4,550.00$4,225.00$3,575.00$4,550.00$4,550.00$3,250.00$4,550.00$4,550.00$3,900.00$3,900.00$4,225.00
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Monthly Deposits (Per Bank Stmt) +
$34,600.00$14,300.00$14,625.00$16,975.00$16,250.00$20,550.00$21,450.00$15,275.00$14,950.00$16,250.00$15,275.00$18,525.00
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C/O From Previous Month Checking -
$52,402.70$51,603.67$53,015.67$60,117.17$58,168.43$57,351.49$56,964.43$51,736.71$56,562.42$42,612.33$42,338.98$42,586.40
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Transfer To Pre-Pay Acct =$20,275.00$325.00$2,600.00$1,950.00$6,175.00$7,150.00$975.00$650.00$1,950.00$975.00$4,225.00
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Total Income $66,727.70$65,578.67$67,640.67$74,492.17$72,468.43$71,726.49$71,264.43$66,036.71$70,862.42$56,912.33$56,638.98$56,886.40
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III. PAID EXPENSES
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Contract Services
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Lawncare Maintenance (Cameron)$6,281.30$6,458.49$6,517.55$6,966.59$6,458.49$6,281.30$6,919.40$6,281.30$52,164.42$98.80$52,000.00
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Snow Removal & Sand/Salt (Cameron)
$11,735.73$11,501.75$5,253.69$3,094.79$31,585.96$59.82$37,000.00
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Fertilization, Etc. (TruGreen)$1,914.31$1,650.15$1,580.40$1,580.40$1,100.11$1,643.29$9,468.66$17.93$11,000.00
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Irrigation System Maint(Anderson)$2,257.28$175.42$71.79$138.26$2,220.06$4,862.81$9.21$5,000.00
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Tree Removal/Replacement $5,636.55$5,636.55$10.68$8,000.00
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Trash Removal (Waste Material)$2,340.00$3,507.00$500.00$3,432.00$3,432.00$13,211.00$25.02$13,500.00
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Total Contract Services$14,075.73$11,501.75$5,253.69$13,959.89$6,633.91$8,739.49$17,615.54$8,038.89$7,519.67$12,571.46$7,924.59$3,094.79$116,929.40$221.46$126,500.00
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% of Total Expenses65.55%73.72%
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Other Maintenance
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Sidewalk/Asphalt/Lights, Etc.$400.29$2,500.00$2,900.29$5.49$2,010.00
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Misc Grounds Maintneance$6,647.03$65.31$436.04$203.13$3,146.25$300.00$52.15$10,849.91$20.55$3,150.00
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Landscape Services$202.01$315.00$262.01$175.00$66.98$420.00$488.97$559.23$690.00$3,179.20$6.02$3,000.00
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Seasonal Planting Projects$194.00$105.00$658.40$175.00$733.27$210.00$168.69$2,244.36$4.25$3,000.00
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Total Other Maintenance$0.00$0.00$202.01$509.00$7,014.04$1,124.00$786.04$270.11$4,299.52$998.97$611.38$3,358.69$19,173.76$36.31$11,160.00
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% of Total Expenses10.75%6.50%
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Utilities
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Electricity (Eversource)$107.83$161.25$169.02$111.85$96.29$170.86$83.92$196.81$202.14$102.92$100.61$115.45$1,618.95$3.07$4,500.00
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Water (Connecticut Water)$321.36$3,194.58$14,795.89$2,057.39$20,369.22$38.58$12,500.00
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Total Utilities$107.83$161.25$490.38$111.85$96.29$3,365.44$83.92$196.81$14,998.03$102.92$100.61$2,172.84$21,988.17$41.64$17,000.00
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% of Total Expenses12.33%9.91%
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Insurance
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Liability/Property (Philadelphia Ins)$4,360.00$4,360.00$8.26$4,600.00
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D&O (Philadelphia Ins)$843.00$843.00$1.60$840.00
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Total Insurance$0.00$0.00$0.00$843.00$0.00$0.00$0.00$0.00$0.00$0.00$4,360.00$0.00$5,203.00$9.85$5,440.00
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% of Total Expenses2.92%3.17%
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Administrative
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Audit /Tax return$40.47$40.47$0.08$0.00
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State Filing$50.00$50.00$0.09$50.00
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General Office, Meetings$472.70$20.00$142.22$68.48$156.00$586.72$1,446.12$2.74$650.00
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Total Administrative$40.47$0.00$0.00$0.00$472.70$20.00$142.22$68.48$50.00$0.00$156.00$586.72$1,536.59$2.91$700.00
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% of Total Expenses0.86%0.41%
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Reserves
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Cap Reserve Monthly Contribution$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$10,800.00$20.45$10,800.00
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Cap Reserve Additional Contribution$677.42$613.13$482.87$968.43$2,741.85$5.19
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Operating Reserve Contribution$0.00$0.00
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Total Cap Reserve$900.00$900.00$1,577.42$900.00$900.00$1,513.13$900.00$900.00$1,382.87$900.00$900.00$1,868.43$13,541.85$25.65$10,800.00
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% Of Total Expenses7.59%6.29%
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TOTAL EXPENSES$15,124.03$12,563.00$7,523.50$16,323.74$15,116.94$14,762.06$19,527.72$9,474.29$28,250.09$14,573.35$14,052.58$11,081.47$178,372.77$337.83$171,600.00
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Total Inc Less Total Exp =
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Checking Account Balance$51,603.67$53,015.67$60,117.17$58,168.43$57,351.49$56,964.43$51,736.71$56,562.42$42,612.33$42,338.98$42,586.40$45,804.93
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IV. PRE-PAY ACCOUNT
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Start Of Month Balance$4,194.99$23,495.18$18,945.35$15,045.50$14,070.62$11,470.74$13,095.85$16,995.99$13,421.14$9,521.32$7,571.46$4,646.58
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From Checking Acct$20,275.00$325.00$2,600.00$1,950.00$6,175.00$7,150.00$975.00$650.00$1,950.00$975.00$4,225.00
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To Checking Acct$975.00$4,550.00$4,225.00$3,575.00$4,550.00$4,550.00$3,250.00$4,550.00$4,550.00$3,900.00$3,900.00$4,225.00
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Interest$0.19$0.17$0.15$0.12$0.12$0.11$0.14$0.15$0.18$0.14$0.12$0.09
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End Of Month Balance$23,495.18$18,945.35$15,045.50$14,070.62$11,470.74$13,095.85$16,995.99$13,421.14$9,521.32$7,571.46$4,646.58$4,646.67
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V. CAPITAL RESERVE ACCOUNT/CD
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Start Of Month Balance$90,504.96$91,407.84$92,310.45$93,890.77$94,793.49$95,696.02$97,209.95$98,110.73$99,011.62$100,396.08$101,297.80$102,199.13
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Budgeted Contribution$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00$900.00
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Additional Contribution$677.42$613.13$482.87$968.43
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To Checking Acct
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Interest$2.88$2.61$2.90$2.72$2.53$0.80$0.78$0.89$1.59$1.72$1.33$0.39
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End Of Month Balance$91,407.84$92,310.45$93,890.77$94,793.49$95,696.02$97,209.95$98,110.73$99,011.62$100,396.08$101,297.80$102,199.13$104,067.95
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VI. OPERATING RESERVE ACCT/CD
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Start Of Month Balance$14,202.03$14,202.61$14,203.14$14,203.72$14,204.28$14,204.86$14,205.33$14,205.78$14,206.29$14,206.75$14,207.23$14,207.70
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Contribution
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To Checking Acct
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Interest$0.58$0.53$0.58$0.56$0.58$0.47$0.45$0.51$0.46$0.48$0.47$0.47
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End Of Month Balance$14,202.61$14,203.14$14,203.72$14,204.28$14,204.86$14,205.33$14,205.78$14,206.29$14,206.75$14,207.23$14,207.70$14,208.17
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