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Chimney Hill E S T A T E S2023 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 =$1,300.00$4,225.00$4,225.00$3,575.00$4,225.00$4,225.00$2,600.00$4,875.00$4,225.00$3,900.00$4,225.00$4,225.00
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Condo Fees Due $13,000.00$10,075.00$10,075.00$10,725.00$10,075.00$10,075.00$11,700.00$9,425.00$10,075.00$10,400.00$10,075.00$10,075.00
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II. INCOME
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Monthly Condo Fees Due & Paid + $13,000.00$10,075.00$10,075.00$10,725.00$10,400.00$10,075.00$11,700.00$9,425.00$10,075.00$10,400.00$10,075.00$10,075.00
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Monthly Fees Paid In Adv This Month +
$19,175.00$650.00$325.00$2,275.00$1,625.00$5,200.00$8,125.00$1,300.00$1,950.00$975.00$4,225.00
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Other Income +$197.26$448.77$2,500.00$774.77$1,221.00
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Transfers Fr Pre-Pay Or Other Accts =
$1,300.00$4,225.00$4,225.00$3,575.00$4,225.00$4,225.00$2,600.00$4,875.00$9,225.00$8,900.00$4,225.00$4,225.00
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Monthly Deposits (Per Bank Stmt) +
$33,475.00$14,950.00$14,822.26$16,575.00$16,250.00$19,948.77$24,925.00$14,300.00$21,374.77$21,250.00$15,275.00$19,746.00
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C/O From Previous Month Checking -
$45,804.93$52,603.66$64,685.12$62,595.63$64,278.53$64,890.17$66,037.08$10,785.27$13,711.43$8,483.01$11,053.58$12,492.42
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Transfer To Pre-Pay Or Other Accts =$19,175.00$650.00$325.00$2,275.00$1,625.00$5,200.00$8,125.00$6,300.00$1,950.00$975.00$4,225.00
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Transfer To High Int Savings Acct$52,500.00$8,000.00
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Total Income $60,104.93$66,903.66$79,182.38$76,895.63$78,903.53$79,638.94$30,337.08$25,085.27$28,786.20$27,783.01$25,353.58$20,013.42
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III. PAID EXPENSES
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Contract Services
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Lawncare Maintenance (Cameron)$6,281.30$6,281.30$6,281.30$6,945.98$6,573.76$7,557.50$6,281.30$6,281.30$52,483.74$99.40$52,000.00
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Snow Removal & Sand/Salt (Cameron)
$3,833.92$1,223.03$13,394.79$18,451.74$34.95$37,000.00
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Fertilization, Etc. (TruGreen)$2,100.04$1,687.40$3,444.80$69.13$2,343.22$577.69$10,222.28$19.36$11,000.00
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Irrigation System Maint(Anderson)$2,296.53$2,220.06$4,516.59$8.55$5,000.00
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Tree Removal/Replacement $1,010.00$1,847.95$3,084.15$1,276.20$7,218.30$13.67$8,000.00
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Trash Removal (Waste Material)$2,660.00$2,904.00$3,432.00$3,932.00$12,928.00$24.48$13,500.00
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Total Contract Services$6,493.92$1,223.03$13,394.79$11,285.34$11,275.23$6,281.30$15,670.73$9,657.91$7,626.63$14,776.58$6,858.99$1,276.20$105,820.65$200.42$126,500.00
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% of Total Expenses69.26%73.72%
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Other Maintenance
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Sidewalk/Asphalt/Lights, Etc.$0.00$0.00$2,010.00
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Misc Grounds Maintneance$52.12$670.23$383.87$30.61$135.54$26.06$1,298.43$2.46$3,850.00
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Landscape Services$260.00$203.02$300.00$540.00$180.00$155.00$360.00$1,998.02$3.78$3,000.00
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Seasonal Planting Projects$297.99$140.00$849.37$787.43$312.85$25.52$2,413.16$4.57$3,000.00
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Total Other Maintenance$0.00$0.00$0.00$350.11$1,070.23$1,436.26$330.61$675.54$26.06$967.43$467.85$385.52$5,709.61$10.81$11,860.00
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% of Total Expenses3.74%6.91%
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Utilities
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Electricity (Eversource)$107.35$95.51$94.02$81.65$77.59$143.65$150.47$140.39$171.17$85.42$108.28$128.32$1,383.82$2.62$3,000.00
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Water (Connecticut Water)$339.03$3,693.08$10,313.02$554.89$14,900.02$28.22$13,000.00
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Total Utilities$107.35$95.51$433.05$81.65$77.59$3,836.73$150.47$140.39$10,484.19$85.42$108.28$683.21$16,283.84$30.84$16,000.00
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% of Total Expenses10.66%9.32%
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Insurance
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Liability/Property (Philadelphia Ins)$4,383.00$4,383.00$8.30$4,600.00
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D&O (Arc Excess)$843.00$843.00$1.60$840.00
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Total Insurance$0.00$0.00$843.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4,383.00$0.00$5,226.00$9.90$5,440.00
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% of Total Expenses3.42%3.17%
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Administrative
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Audit /Tax return$0.00$0.00$0.00
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State Filing$50.00$50.00$0.09$50.00
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General Office, Meetings$690.31$9.56$2,500.00$143.04$274.55$3,617.46$6.85$950.00
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Total Administrative$0.00$0.00$0.00$0.00$690.31$9.56$2,500.00$0.00$50.00$0.00$143.04$274.55$3,667.46$6.95$1,000.00
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% of Total Expenses2.40%0.58%
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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$1,015.91$1,138.01$1,216.31$1,915.39$5,285.62$10.01
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Operating Reserve Contribution$0.00$0.00
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Total Cap Reserve$900.00$900.00$1,915.91$900.00$900.00$2,038.01$900.00$900.00$2,116.31$900.00$900.00$2,815.39$16,085.62$30.47$10,800.00
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% Of Total Expenses10.53%6.29%
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TOTAL EXPENSES$7,501.27$2,218.54$16,586.75$12,617.10$14,013.36$13,601.86$19,551.81$11,373.84$20,303.19$16,729.43$12,861.16$5,434.87$152,793.18$289.38$171,600.00
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Total Inc Less Total Exp =
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Checking Account Balance$52,603.66$64,685.12$62,595.63$64,278.53$64,890.17$66,037.08$10,785.27$13,711.43$8,483.01$11,053.58$12,492.42$14,578.55
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IV. PRE-PAY ACCOUNT
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Start Of Month Balance$4,646.67$22,521.95$18,947.26$15,047.55$13,747.79$11,148.02$12,123.24$17,648.53$12,773.79$9,849.00$7,899.17$4,649.28
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From Checking Acct$19,175.00$650.00$325.00$2,275.00$1,625.00$5,200.00$8,125.00$1,300.00$1,950.00$975.00$4,225.00
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To Checking Acct$1,300.00$4,225.00$4,225.00$3,575.00$4,225.00$4,225.00$2,600.00$4,875.00$4,225.00$3,900.00$4,225.00$4,225.00
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Interest$0.28$0.31$0.29$0.24$0.23$0.22$0.29$0.3$0.21$0.17$0.11$0.10
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End Of Month Balance$22,521.95$18,947.26$15,047.55$13,747.79$11,148.02$12,123.24$17,648.53$12,773.79$9,849.00$7,899.17$4,649.28$4,649.38
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V. CAPITAL RESERVE ACCOUNT/CD
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Start Of Month Balance$104,067.95$104,968.38$105,868.78$107,785.16$108,685.60$109,586.13$111,624.65$112,525.20$83,425.38$90,541.76$91,441.87$92,341.99
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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$818.65$689.24$5,510.67$965.39
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To Other Accts$30,000.00$2,000.29
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Interest$0.43$0.40$197.73$0.44$0.53$449.28$0.55$0.18$705.71$0.11$0.12$950.08
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End Of Month Balance$104,968.38$105,868.78$107,785.16$108,685.60$109,586.13$111,624.65$112,525.20$83,425.38$90,541.76$91,441.87$92,341.99$93,157.17
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VI. OPERATING RESERVE ACCT/CD
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Start Of Month Balance$14,208.17$14,208.67$14,209.10$14,209.58$14,210.02$14,210.53$14,211.00$14,211.31$14,211.39$14,211.43$14,211.46$14,211.50
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Contribution
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To Checking Acct
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Interest$0.50$0.43$0.48$0.44$0.51$0.47$0.31$0.08$0.04$0.03$0.04$0.04
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End Of Month Balance$14,208.67$14,209.10$14,209.58$14,210.02$14,210.53$14,211.00$14,211.31$14,211.39$14,211.43$14,211.46$14,211.50$14,211.54
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VII. High Int. Savingx Account
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Start Of Month Balance$0.00$52,547.00$82,799.65$78,053.40$73,306.16$73,542.71
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From Other Accts$52,500.00$30,000.00$10,000.29
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To Checking Acct Or Cap Reserve$5,000.00$5,000.00
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Interest$47.00$252.65$253.75$252.76$236.55$256.85
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End Of Month Balance$52,547.00$82,799.65$78,053.40$73,306.16$73,542.71$83,799.85
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