03/24/2020 7:39:30 pm soa balance sheet some somersett ... · 03/24/2020 7:39:30 pm soa balance...

03/24/2020 7:39:30 PM SOA Balance SheetSOME Somersett Owners Association

01/31/2020FIRSTSERVICE RESIDENTIAL, NEVADA, LLC

8290 ARVILLE STREET

Las Vegas NV 89139

GL Common Area Common Area Club @ Town Club @ Town Gates Gates Town Square Town Square Total Total TotalOperating Reserve Center Operating Center Reserve Operating Reserve Operating Reserve Operating Reserve All Funds

ASSETS

10005 Petty Cash 0.00 0.00 500.00 0.00 0.00 0.00 0.00 0.00 500.00 0.00 500.00

10010 US Bank - Checking x8431 843,532.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 843,532.65 0.00 843,532.65

10025 US Bank - Merchant Deposits x8449 5,401.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,401.16 0.00 5,401.16

10055 Cash - Club Cash Registers 0.00 0.00 900.00 0.00 0.00 0.00 0.00 0.00 900.00 0.00 900.00

11510 US Bank - MM x8456 0.00 3,061,364.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,061,364.88 3,061,364.88

11515 Bank United - MM x 2356 0.00 1,292.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,292.92 1,292.92

11545 UBS Financial Services - Cash x1765 0.00 180,285.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 180,285.91 180,285.91

11550 UBS Financial Services - Portfolio x1765 0.00 3,447,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,447,000.00 3,447,000.00

11560 Pacific Western - MM x6488 0.00 244,039.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 244,039.56 244,039.56

11600 Due (To)/From Main Operating (825,643.64) (28,396.17) 1,002,677.42 0.00 (7,784.45) 0.00 (140,853.16) 0.00 28,396.17 (28,396.17) 0.00

11605 Due (To)/From Main Reserve 0.00 (4,448,292.91) 0.00 1,205,402.63 0.00 3,242,890.28 0.00 0.00 0.00 0.00 0.00

11610 Due (to) / From TCTC Town Square 0.00 0.00 (106,771.14) 0.00 0.00 0.00 106,771.14 0.00 0.00 0.00 0.00

11615 UBS Financial Svcs - Operating Cash 425,491.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 425,491.63 0.00 425,491.63

TOTAL CASH $448,781.80 $2,457,294.19 $897,306.28 $1,205,402.63 ($7,784.45) $3,242,890.28 ($34,082.02) $0.00 $1,304,221.61 $6,905,587.10 $8,209,808.71

Homeowner Delinquency

12000 Assessment Delinquency 55,065.15 0.00 56,295.24 0.00 25,404.32 0.00 15,540.84 0.00 152,305.55 0.00 152,305.55

12040 AR - Fines 50,300.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50,300.00 0.00 50,300.00

12060 AR - Misc. Homeowner Delinquency 96,615.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 96,615.04 0.00 96,615.04

12063 AR - Special Assessents Delinquency 0.00 210,882.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00 210,882.81 210,882.81

Total Homeowner Delinquency $201,980.19 $210,882.81 $56,295.24 $0.00 $25,404.32 $0.00 $15,540.84 $0.00 $299,220.59 $210,882.81 $510,103.40

Less Allowance for Doubtful Accounts

12065 Allowance for Doubtful Accounts - Homeowner (103,208.12) 0.00 (14,038.77) 0.00 (5,889.00) 0.00 0.00 0.00 (123,135.89) 0.00 (123,135.89)

Net Homeowner Delinquency $98,772.07 $210,882.81 $42,256.47 $0.00 $19,515.32 $0.00 $15,540.84 $0.00 $176,084.70 $210,882.81 $386,967.51

Other Assets

12300 AR - Other 652.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 652.00 0.00 652.00

12310 Unamortized Discount 0.00 (288.04) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (288.04) (288.04)

12355 Accrued Interest Receivable 0.00 13,176.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,176.41 13,176.41

12360 Unamortized Premium 0.00 10,552.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10,552.98 10,552.98

12900 Due (To)/From Reserves (105,317.64) 105,317.64 0.00 0.00 0.00 0.00 0.00 0.00 (105,317.64) 105,317.64 0.00

12973 Inventory - Non-Alcohol 0.00 0.00 1,286.50 0.00 0.00 0.00 0.00 0.00 1,286.50 0.00 1,286.50

of

SOME Somersett Owners Association Financials

3

1



8290 ARVILLE STREET

Las Vegas NV 89139


12974 Inventory - Food 0.00 0.00 873.00 0.00 0.00 0.00 0.00 0.00 873.00 0.00 873.00

13000 Prepaid Expenses 1,505.20 0.00 16,500.18 0.00 8,412.05 0.00 0.00 0.00 26,417.43 0.00 26,417.43

13100 Prepaid Insurance 27,689.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27,689.05 0.00 27,689.05

16000 FA - Clubhouse Land 2,534,929.38 0.00 674,048.05 0.00 0.00 0.00 0.00 0.00 3,208,977.43 0.00 3,208,977.43

16010 FA - Golf Course Purchase 66,587.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66,587.00 0.00 66,587.00

16500 FA - Canyon 9 Golf Course Land 900,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 900,000.00 0.00 900,000.00

17000 FA - Golf Course Equipment 26,407.89 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26,407.89 0.00 26,407.89

17010 FA - Electronic Equipment 0.00 0.00 152,883.32 0.00 0.00 0.00 0.00 0.00 152,883.32 0.00 152,883.32

17020 FA - Pool Furniture & Equipment 0.00 0.00 68,173.51 0.00 0.00 0.00 0.00 0.00 68,173.51 0.00 68,173.51

17030 FA - Fitness Equipment 0.00 0.00 126,297.46 0.00 0.00 0.00 0.00 0.00 126,297.46 0.00 126,297.46

17040 FA - Furniture & Equipment 8,370.91 0.00 168,658.42 0.00 0.00 0.00 0.00 0.00 177,029.33 0.00 177,029.33

17090 FA - Clubhouse Building 0.00 0.00 8,001,100.00 0.00 0.00 0.00 0.00 0.00 8,001,100.00 0.00 8,001,100.00

17105 Fixed Assets - Foreclosed Unit 52,496.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 52,496.31 0.00 52,496.31

17500 AD - Golf Course Equipment (18,833.40) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (18,833.40) 0.00 (18,833.40)

17505 AD - Golf Course Purchase (66,587.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (66,587.00) 0.00 (66,587.00)

17510 AD - Electronic Equipment 0.00 0.00 (135,160.88) 0.00 0.00 0.00 0.00 0.00 (135,160.88) 0.00 (135,160.88)

17520 AD - Pool Furniture & Equipment 0.00 0.00 (54,823.85) 0.00 0.00 0.00 0.00 0.00 (54,823.85) 0.00 (54,823.85)

17530 AD - Fitness Equipment 0.00 0.00 (20,926.98) 0.00 0.00 0.00 0.00 0.00 (20,926.98) 0.00 (20,926.98)

17540 AD - Furniture & Equipment (8,370.91) 0.00 (78,934.64) 0.00 0.00 0.00 0.00 0.00 (87,305.55) 0.00 (87,305.55)

17590 AD - Clubhouse Building 0.00 0.00 (2,667,033.33) 0.00 0.00 0.00 0.00 0.00 (2,667,033.33) 0.00 (2,667,033.33)

Total Other Assets $3,419,528.79 $128,758.99 $6,252,940.76 $0.00 $8,412.05 $0.00 $0.00 $0.00 $9,680,881.60 $128,758.99 $9,809,640.59

TOTAL OTHER ASSETS $3,518,300.86 $339,641.80 $6,295,197.23 $0.00 $27,927.37 $0.00 $15,540.84 $0.00 $9,856,966.30 $339,641.80 $10,196,608.10

TOTAL ASSETS $3,967,082.66 $2,796,935.99 $7,192,503.51 $1,205,402.63 $20,142.92 $3,242,890.28 ($18,541.18) $0.00 $11,161,187.91 $7,245,228.90 $18,406,416.81

LIABILITIES

20000 Prepaid - Assessments 366,540.28 0.00 121,885.72 0.00 33,038.86 0.00 0.00 0.00 521,464.86 0.00 521,464.86

20120 AP - Account Setup Fees 890.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 890.00 0.00 890.00

20135 AP - Precollection Fees (225.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (225.00) 0.00 (225.00)

20140 AP - Transfer to Collections (175.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (175.00) 0.00 (175.00)

20200 AP - NSF Fees 1,400.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,400.00 0.00 1,400.00

20300 AP - Homeowner Refunds 5,121.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5,121.51 0.00 5,121.51

20400 AP - Pending Unclaimed Property 23,694.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23,694.07 0.00 23,694.07

of


3

2



8290 ARVILLE STREET

Las Vegas NV 89139


20500 AP - Sales/Use Tax 0.00 0.00 56.77 0.00 0.00 0.00 0.00 0.00 56.77 0.00 56.77

21530 Refundable AGC Deposits 199,845.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 199,845.00 0.00 199,845.00

22000 AP - Open 23,369.33 41,544.39 0.00 0.00 0.00 0.00 0.00 0.00 23,369.33 41,544.39 64,913.72

22100 Accrued Expenses 46,504.53 26,116.00 56,506.95 0.00 11,996.96 0.00 3,452.00 0.00 118,460.44 26,116.00 144,576.44

22150 Insurance Payable 13,694.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,694.00 0.00 13,694.00

23000 Loan Payable - TCTC 0.00 0.00 1,803,022.28 0.00 0.00 0.00 0.00 0.00 1,803,022.28 0.00 1,803,022.28

23020 Loan Payable - Common 3,754,854.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,754,854.18 0.00 3,754,854.18

TOTAL LIABILITIES $4,435,512.90 $67,660.39 $1,981,471.72 $0.00 $45,035.82 $0.00 $3,452.00 $0.00 $6,465,472.44 $67,660.39 $6,533,132.83

CONTRIBUTED CAPITAL

33000 Inventory Adjustment 0.00 0.00 2,159.50 0.00 0.00 0.00 0.00 0.00 2,159.50 0.00 2,159.50

39500 Members' Equity (633,911.62) 2,735,989.58 5,148,820.82 1,173,842.79 (23,887.11) 3,212,651.47 (22,538.90) 0.00 4,468,483.19 7,122,483.84 11,590,967.03

Excess of Revenue/Expenditures $165,481.38 ($6,713.98) $60,051.47 $31,559.84 ($1,005.79) $30,238.81 $545.72 $0.00 $225,072.78 $55,084.67 $280,157.45

TOTAL EQUITY ($468,430.24) $2,729,275.60 $5,211,031.79 $1,205,402.63 ($24,892.90) $3,242,890.28 ($21,993.18) $0.00 $4,695,715.47 $7,177,568.51 $11,873,283.98

TOTAL LIABILITIES & EQUITY $3,967,082.66 $2,796,935.99 $7,192,503.51 $1,205,402.63 $20,142.92 $3,242,890.28 ($18,541.18) $0.00 $11,161,187.91 $7,245,228.90 $18,406,416.81

The Association is in compliance with paragraph (B) of subsection 2 of NRS 116.3115. The Reserve funds have not been used for daily maintenance.

of


3

3

SOME Balance Sheet

SOME Somersett Owners Association

Operating Fund - All Subs2012 2013 2014 2015 2016 2017 2018 2019 2020 Change From Change from

December December December December December December December December January Prior Month Prior Year

Assets

Petty Cash 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 0.00 0.00

Bank of NV Operating 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

US Bank Operating Cash 68,121.51 559,289.33 576,373.50 743,685.86 732,720.25 273,343.43 920,204.34 739,959.16 843,532.65 103,573.49 103,573.49

US Bank Merchant Deposits 5,191.73 5,983.19 8,860.85 12,039.38 5,565.10 5,005.17 6,397.37 19,352.32 5,401.16 (13,951.16) (13,951.16)

US Bank Operating ATM 6,501.65 13,543.42 5,961.95 7,662.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FIBN Merchant Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FIBN ATM 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

US Bank CC&R Transfer Fee 41,393.70 255,075.26 392,441.08 538,714.21 723,560.29 865,208.97 109,379.38 0.00 0.00 0.00 0.00

Pacific Western - Checking x6201 0.00 0.00 0.00 0.00 0.00 0.00 420,169.92 0.00 0.00 0.00 0.00

UBS Financial Svcs - Operating Cash 0.00 0.00 0.00 0.00 0.00 0.00 0.00 424,973.19 425,491.63 518.44 518.44

Cash - ATM Machine 4,280.00 2,240.00 4,820.00 3,120.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Cash - Club Cash Registers 900.00 900.00 900.00 900.00 900.00 900.00 900.00 900.00 900.00 0.00 0.00

Cash In Transit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Due (To)/From Main Operating 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (191,450.96) 28,396.17 219,847.13 219,847.13

126,888.59 837,531.20 989,857.38 1,306,622.09 1,463,245.64 1,144,957.57 1,457,551.01 994,233.71 1,304,221.61 309,987.90 309,987.90


Assessment Delinquency 227,548.11 211,655.99 151,482.94 86,664.63 91,409.63 154,969.61 129,990.11 179,028.35 152,305.55 (26,722.80) (26,722.80)

Fine Delinquency 51,107.35 69,025.00 69,584.00 28,146.00 74,414.00 100,400.00 79,494.00 48,800.00 50,300.00 1,500.00 1,500.00

Misc Homeowner Delinquency 46,677.51 34,526.26 28,803.49 24,701.80 26,170.31 35,764.51 39,761.18 93,524.06 96,615.04 3,090.98 3,090.98

Allowance for Bad Debt (186,981.81) (181,666.30) (138,454.08) (124,284.11) (112,626.10) (124,057.93) (103,695.00) (123,985.89) (123,135.89) 850.00 850.00

Unapplied Payments 0.00 (4,212.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Homeowner Delinquency 138,351.16 129,328.95 111,416.35 15,228.32 79,367.84 167,076.19 145,550.29 197,366.52 176,084.70 (21,281.82) (21,281.82)

Other Assets

AR-Other 817.56 0.00 38.64 0.00 2,250.00 2,609.00 2,758.49 1,973.00 652.00 (1,321.00) (1,321.00)

AR-Welcome Center 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

AR-Members 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

AR-Developer 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Due (To)/From Reserve 0.00 0.00 0.00 0.00 0.00 4,231.73 12,719.28 (105,317.64) (105,317.64) 0.00 0.00

Inventory - Alcohol 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Inventory - Non-Alcohol 0.00 0.00 0.00 0.00 0.00 0.00 1,287.40 1,286.50 (0.90) (0.90)

Inventory - Food 0.00 0.00 0.00 0.00 0.00 0.00 873.00 873.00 0.00 0.00

Prepaid Expenses 364.51 14,584.60 15,554.92 15,652.01 215.25 11,314.93 16,564.69 57,712.03 26,417.43 (31,294.60) (31,294.60)

Accounts Receivabe - Summit Eng 8,750.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Prepaid Insurance 22,974.52 43,639.74 23,872.56 50,572.48 20,872.58 58,765.22 50,517.09 30,084.79 27,689.05 (2,395.74) (2,395.74)

Prepaid FIT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Inventory-Short Course 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Inventory-Gate Clickers 19,860.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Deposit - NV Energy 10,765.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FA-Clubhouse Land 392,100.00 392,100.00 674,074.05 3,275,564.43 3,275,564.43 3,275,564.43 3,275,564.43 3,208,977.43 3,208,977.43 0.00 0.00

FA-Golf Course Purchase 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66,587.00 66,587.00 0.00 0.00

FA-Canyon 9 Golf Course 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00 900,000.00 0.00 0.00

FA-Golf Amenities 24,218.79 24,218.79 24,218.79 24,218.79 24,218.79 24,218.79 24,218.79 26,407.89 26,407.89 0.00 0.00

FA-Office Equipment 40,652.97 41,686.09 120,018.69 129,298.06 129,328.11 142,913.28 134,091.29 152,883.32 152,883.32 0.00 0.00

FA-Pool Furniture & Equipment 25,708.49 32,414.43 38,710.35 54,087.36 54,087.36 54,087.36 60,794.44 68,173.51 68,173.51 0.00 0.00

FA-Equipment-Other 61,181.09 161,063.71 148,504.16 150,242.16 150,242.16 169,819.86 169,819.86 126,297.46 126,297.46 0.00 0.00

FA-TCTC Furn & Equipment 53,801.13 85,059.41 74,315.11 74,315.11 80,085.11 202,669.13 176,719.61 177,029.33 177,029.33 0.00 0.00

FA-Cardio Equipment-Lease 63,562.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

FA-Clubhouse Building 8,057,100.00 8,057,100.00 8,001,100.00 8,001,100.00 8,001,100.00 8,001,100.00 8,001,100.00 8,001,100.00 8,001,100.00 0.00 0.00

Fixed Asset - Foreclosed Unit 373,515.90 0.00 0.00 52,496.31 52,496.31 52,496.31 52,496.31 52,496.31 52,496.31 0.00 0.00

AD-Golf Amenities (19,756.55) (21,001.79) (22,247.12) (23,492.38) (24,218.79) (24,218.79) (24,218.79) (18,693.33) (18,833.40) (140.07) (140.07)

AD-Golf Course Purchase 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (65,477.22) (66,587.00) (1,109.78) (1,109.78)

AD-Office Equipment (25,267.70) (31,474.42) (94,020.26) (110,991.39) (120,597.69) (125,986.78) (123,083.34) (135,225.06) (135,160.88) 64.18 64.18

AD-Pool Furniture & Equipment (11,842.70) (17,020.33) (21,941.13) (29,874.06) (36,850.85) (42,475.08) (47,987.63) (54,452.00) (54,823.85) (371.85) (371.85)

AD-TCTC Furn & Equip/Other (71,955.34) (98,172.32) (57,833.00) (85,378.04) (112,749.53) (132,104.69) (154,342.34) (18,850.99) (20,926.98) (2,075.99) (2,075.99)

AD - Furniture & Equipment 0.00 0.00 (56,639.60) (63,592.61) (65,501.36) (77,029.00) (66,194.59) (85,678.00) (87,305.55) (1,627.55) (1,627.55)

AD-Cardio Equipment-Lease (50,320.74) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

AD-Clubhouse Building (1,302,307.80) (1,507,935.36) (1,650,226.88) (1,850,254.38) (2,050,281.87) (2,250,309.38) (2,450,336.88) (2,650,364.38) (2,667,033.33) (16,668.95) (16,668.95)

Total Other Assets 8,573,922.08 8,076,262.55 8,117,499.28 10,563,963.85 10,280,260.01 10,247,666.32 10,011,200.71 9,737,823.85 9,680,881.60 (56,942.25) (56,942.25)

Total Assets 8,839,161.83 9,043,122.70 9,218,773.01 11,885,814.26 11,822,873.49 11,559,700.08 11,614,302.01 10,929,424.08 11,161,187.91 231,763.83 231,763.83 4

SOME Balance Sheet


Operating Fund - All Subs2012 2013 2014 2015 2016 2017 2018 2019 2020 Change From Change from

December December December December December December December December January Prior Month Prior Year

Liabilities

Homeowner Prepayments 220,235.62 225,952.96 343,594.07 348,424.36 271,318.53 289,191.55 370,604.72 391,284.31 521,464.86 130,180.55 130,180.55

Set up Fees Payable 0.00 0.00 400.00 400.00 175.00 400.00 0.00 0.00 0.00 0.00 0.00

Account Set-up Fees Payable 2,250.00 3,075.00 4,900.00 10,525.00 11,650.00 12,250.00 305.00 (10.00) 890.00 900.00 900.00

AP - Precollection Fees 0.00 0.00 0.00 780.00 180.00 (43.00) 500.00 0.00 (225.00) (225.00) (225.00)

AP-Transfer to Collections 210.00 330.00 450.00 1,160.00 1,610.00 1,445.00 525.00 (525.00) (175.00) 350.00 350.00

AP - NSF Fees 0.00 0.00 0.00 0.00 0.00 525.00 1,425.00 1,275.00 1,400.00 125.00 125.00

Homeowner Refunds 1,858.83 3,183.39 2,364.52 2,815.52 33,354.48 2,377.70 5,381.51 965.51 5,121.51 4,156.00 4,156.00

Pending Unclaimed Property 636.00 2,454.83 1,818.83 1,818.83 60.00 3,887.79 17,869.19 23,694.07 23,694.07 0.00 0.00

Sales/Use Tax Payable 352.26 367.70 393.89 476.07 226.06 141.61 37.18 56.62 56.77 0.15 0.15

Accrued Sales Tax - Capital Lease Payable 1,637.75 1,219.55 801.35 383.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Deposit-Homeowner Repairs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Refundable AGC Deposits 51,550.00 66,150.00 62,065.00 99,000.00 135,190.00 158,790.00 184,765.00 199,270.00 199,845.00 575.00 575.00

AP-Open 33,168.32 24,702.57 56,400.05 193,820.29 214,758.17 120,139.35 367,283.56 238,225.03 23,369.33 (214,855.70) (214,855.70)

AP-Other 49,859.46 0.00 0.00 0.00 563.00 0.00 0.00 0.00 0.00 0.00 0.00

Developer Subsidy Payable 59,907.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Accured FIT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Accrued Loan Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Capital Lease Payable - First Federal 26,916.77 21,641.68 15,496.58 8,338.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Capital Lease Payable - American Leasing 14,530.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Accrued Expenses 18,935.71 74,539.47 61,425.12 26,964.56 141,695.29 202,866.78 163,220.09 57,012.29 118,460.44 61,448.15 61,448.15

Consolidated Loan 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2013 Amenity Lease Payable 0.00 0.00 100,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Insurance Payable 0.00 0.00 0.00 0.00 0.00 673.00 13,694.00 13,694.00 13,694.00 0.00 0.00

Loan Payable-TCTC 2,752,436.97 2,609,602.97 2,459,461.34 2,301,638.18 2,135,755.21 1,961,370.66 1,901,696.12 1,795,234.04 1,803,022.28 7,788.24 7,788.24

Loan Payable-Canyon 9 589,808.29 559,201.08 527,027.93 493,208.76 457,662.52 420,294.50 0.00 0.00 0.00 0.00 0.00

Loan Payable - SGCC Land Purchase 0.00 0.00 0.00 2,490,659.99 2,354,483.92 2,210,495.03 3,960,951.73 3,738,604.62 3,754,854.18 16,249.56 16,249.56

Deferred Income 950.00 0.00 0.00 0.00 0.00 15,393.12 0.00 0.00 0.00 0.00 0.00

Total Liabilities 3,825,243.89 3,592,421.20 3,636,598.68 5,980,413.22 5,758,682.18 5,400,198.09 6,988,258.10 6,458,780.49 6,465,472.44 6,691.95 6,691.95

Equity

Inventory Adjustment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,160.40 2,159.50 (0.90) (0.90)

CC&R Transfer Fee 153,834.39 262,075.21 402,291.36 552,694.37 735,353.39 735,353.39 0.00 0.00 0.00 0.00 0.00

Interfund Transfer 24,704.49 129,603.87 16,690.69 19,108.40 13,354.46 97,124.78 9,624.82 146,830.49 0.00 (146,830.49) (146,830.49)

Prior Period Adjustment 0.00 0.00 0.00 100,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Members' Equity 5,084,712.45 4,861,372.20 5,093,887.19 5,031,390.48 5,350,522.91 5,335,603.41 5,593,366.98 4,403,529.43 4,468,483.19 64,953.76 64,953.76

Excess of Revenues/Expenditures (249,333.39) 197,650.22 69,305.09 202,207.79 (35,039.45) (8,579.59) (976,947.89) (81,876.73) 225,072.78 306,949.51 306,949.51

Total Equity 5,013,917.94 5,450,701.50 5,582,174.33 5,905,401.04 6,064,191.31 6,159,501.99 4,626,043.91 4,470,643.59 4,695,715.47 225,071.88 225,071.88

Total Liabilities & Equity 8,839,161.83 9,043,122.70 9,218,773.01 11,885,814.26 11,822,873.49 11,559,700.08 11,614,302.01 10,929,424.08 11,161,187.91 231,763.83 231,763.83

5

SOME Balance Sheet


Reserve Fund - All Subs2012 2013 2014 2015 2016 2017 2018 2019 2020 Change from Change from

Assets December December December December December December December December January Prior Month Prior Year

US Bank Checking 2,573,649.13 530,962.34 483,483.88 115,468.14 412,343.95 712,848.48 722,027.04 2,737,024.75 3,061,364.88 324,340.13 324,340.13Bank of NV Money Market 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00FIB CD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Bank of NV CD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Metro CD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Bank United Money Market 244,601.73 245,617.69 246,476.27 247,337.85 248,200.43 249,172.00 1,287.19 1,292.65 1,292.92 0.27 0.27UBS Financial Services - Cash 0.00 0.00 0.00 0.00 52,535.63 41,805.15 305,393.46 179,306.42 180,285.91 979.49 979.49UBS Financial Services - Portfolio 0.00 0.00 0.00 1,000,000.00 958,000.00 2,996,000.00 2,485,000.00 3,447,000.00 3,447,000.00 0.00 0.00US Bank Money Market #5651 0.00 2,653,712.52 2,158,394.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Pacific Western Bank MM 0.00 0.00 0.00 0.00 249,049.46 249,174.02 243,582.52 244,010.55 244,039.56 29.01 29.01Capital One Money Market 248,411.89 247,901.29 249,393.16 248,271.31 249,460.54 251,258.30 237,268.70 0.00 0.00 0.00 0.00Fidelity Investment -Cash 0.00 0.00 0.00 0.00 0.00 52,746.75 307,320.30 0.00 0.00 0.00 0.00Fidelity Investment Brokerage Account 0.00 0.00 500,000.00 505,085.91 505,085.91 465,000.00 220,000.00 0.00 0.00 0.00 0.00Pacific Western Bank 0.00 0.00 250,000.00 250,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Union Bank - MM X6092 0.00 0.00 0.00 2,156,150.85 2,160,455.28 160,387.21 1,450.94 0.00 0.00 0.00 0.00Cash in Transit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Due (to)/From Main Operating 0.00 0.00 0.00 0.00 0.00 0.00 0.00 191,450.96 (28,396.17) (219,847.13) (219,847.13)

Total Cash 3,066,662.75 3,678,193.84 3,887,747.96 4,522,314.06 4,835,131.20 5,178,391.91 4,523,330.15 6,800,085.33 6,905,587.10 105,501.77 105,501.77


AR - Special Assessment Delinquency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 251,585.68 210,882.81 (40,702.87) (40,702.87)

Total Homeowner Delinquency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 251,585.68 210,882.81 (40,702.87) (40,702.87)

Other Assets

A/R Other 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Unamortized Discount 0.00 0.00 0.00 0.00 0.00 (18.77) 0.00 (316.85) (288.04) 28.81 28.81Accrued Interest Receivable 0.00 0.00 0.00 0.00 3,717.38 13,909.80 10,837.54 8,014.69 13,176.41 5,161.72 5,161.72Unamortized Premium 0.00 0.00 0.00 0.00 4,399.02 16,422.38 8,932.58 10,946.92 10,552.98 (393.94) (393.94)Due (To)/From Reserves 0.00 0.00 0.00 0.00 0.00 (4,231.73) (12,719.28) 105,317.64 105,317.64 0.00 0.00

Total Other Assets 0.00 0.00 0.00 0.00 8,116.40 26,081.68 7,050.84 123,962.40 128,758.99 4,796.59 4,796.59

Total Assets 3,066,662.75 3,678,193.84 3,887,747.96 4,522,314.06 4,843,247.60 5,204,473.59 4,530,380.99 7,175,633.41 7,245,228.90 69,595.49 69,595.49

Liabilities

Prepaid - SPA Assessments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00AP Open 16,387.70 0.00 8,550.00 2,044.73 5,641.11 21,720.71 21,154.95 22,981.07 41,544.39 18,563.32 18,563.32Capital Lease Payable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Accrued Expenses 1,498.22 0.00 0.00 0.00 0.00 40,030.84 0.00 30,168.50 26,116.00 (4,052.50) -4,052.50

Total Liabilities 17,885.92 0.00 8,550.00 2,044.73 5,641.11 61,751.55 21,154.95 53,149.57 67,660.39 14,510.82 14,510.82

Equity

Interfund Transfer (24,704.49) (129,603.87) (16,690.69) (19,108.40) (13,354.46) (97,124.78) (9,624.82) (146,830.49) 0.00 146,830.49 146,830.49Prior Period Adjustments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Members' Equity 2,537,822.80 3,048,776.83 3,678,193.84 3,873,657.71 4,523,871.56 4,828,419.49 4,520,831.63 4,613,222.71 7,122,483.84 2,509,261.13 2,509,261.13Excess of Revenues/Expenditures 535,658.52 759,020.88 217,694.81 665,720.02 327,089.39 411,427.33 (1,980.77) 2,656,091.62 55,084.67 (2,601,006.95) (2,601,006.95)

Total Equity 3,048,776.83 3,678,193.84 3,879,197.96 4,520,269.33 4,837,606.49 5,142,722.04 4,509,226.04 7,122,483.84 7,177,568.51 55,084.67 55,084.67

Total Liabilities & Equity 3,066,662.75 3,678,193.84 3,887,747.96 4,522,314.06 4,843,247.60 5,204,473.59 4,530,380.99 7,175,633.41 7,245,228.90 69,595.49 69,595.49

6

03/24/2020 7:43:01 PM SOA Consolidated Statement of Revenue & ExpensesSOME Somersett Owners Association


8290 ARVILLE STREET

Las Vegas NV 89139

CommonArea

TCTC Gates TownSquare

TOTAL CommonArea


TOTAL

Operating Operating Operating Operating Operating Reserve Reserve Reserve Reserve Reserve

REVENUE

40005 Assessments 332,220 173,728 47,112 8,601 561,661 0 0 0 0 0

40015 Assessment - Commercial 7,891 0 0 0 7,891 0 0 0 0 0

40020 Assessment - Non Member Country Club 452 2,029 0 0 2,481 0 0 0 0 0

41000 Reserve Transfer 0 0 0 0 0 35,833 29,417 25,417 0 90,667

43500 Special Assessments 0 0 0 0 0 0 0 0 0 0

45000 CC&R Transfer Fee 18,990 0 0 0 18,990 0 0 0 0 0

45125 Arc & Landscape Review Fees 375 0 0 0 375 0 0 0 0 0

45156 Late Fee 7,400 0 0 0 7,400 0 0 0 0 0

45245 Fines 350 0 0 0 350 0 0 0 0 0

45405 Gate Transmitters/Clickers 0 0 225 0 225 0 0 0 0 0

45550 Activity Fee 0 12,756 0 0 12,756 0 0 0 0 0

45560 Massage Fee 0 4,422 0 0 4,422 0 0 0 0 0

45565 Guest Fees for Facility 0 432 0 0 432 0 0 0 0 0

45570 Instruction Revenue 0 2,150 0 0 2,150 0 0 0 0 0

45580 Kids Camp 0 4,122 0 0 4,122 0 0 0 0 0

45645 Interest - Financial 534 0 0 0 534 1,965 2,143 4,822 0 8,930

45646 Interest - HO 571 0 0 0 571 0 0 0 0 0

45925 Sales - Other, Non Alcohol 0 2 0 0 2 0 0 0 0 0

46005 Green Fee/Equip Rental/Merch 474 0 0 0 474 0 0 0 0 0

90000 Reserve Transfer (35,833) (29,417) (25,417) 0 (90,667) 0 0 0 0 0

TOTAL REVENUE $333,424 $170,224 $21,920 $8,601 $534,169 $37,798 $31,560 $30,239 $0 $99,597

EXPENSES

Payroll and Benefits

60005 P/R - Administrative 25,666 37,363 5,880 3,452 72,361 0 0 0 0 0

Total Payroll and Benefits $25,666 $37,363 $5,880 $3,452 $72,361 $0 $0 $0 $0 $0

Landscaping

70005 L/S - Contract 80,958 650 0 2,315 83,923 0 0 0 0 0

71005 L/S - Renovations/Improvements 0 0 0 0 0 3,510 0 0 0 3,510

71040 L/S - Ditch Maintenance 2,179 0 0 0 2,179 0 0 0 0 0

Page 1 of


4

7



8290 ARVILLE STREET

Las Vegas NV 89139

CommonArea


TOTAL CommonArea


TOTAL


Total Landscaping $83,137 $650 $0 $2,315 $86,102 $3,510 $0 $0 $0 $3,510

Repairs and Maintenance

72000 R/M - Maintenance Allocation 4,106 4,106 4,106 0 12,318 0 0 0 0 0

72050 R/M - Fences,Signs,Rock Walls, Misc 0 0 0 0 0 1,625 0 0 0 1,625

72090 R/M - Snow Plowing & Sanding 1,100 0 4,910 2,038 8,048 0 0 0 0 0

72220 Gate Maintenance 0 0 90 0 90 0 0 0 0 0

72225 Gate - Clickers 888 0 0 0 888 0 0 0 0 0

72235 Loan Interest - Common 16,250 0 0 0 16,250 0 0 0 0 0

72298 Pool/Spa - Chemicals 0 2,146 0 0 2,146 0 0 0 0 0

72317 Pool - Utilities 0 1,917 0 0 1,917 0 0 0 0 0

72368 Activity Supplies 0 88 0 0 88 0 0 0 0 0

72385 R/M - Paving 0 0 0 0 0 16,513 0 0 0 16,513

72440 R/M - Building 0 335 0 0 335 0 0 0 0 0

72444 Outdoor Equipment (Canyon 9) 0 0 0 0 0 22,864 0 0 0 22,864

72480 Contracted Services 485 8,948 1,320 0 10,753 0 0 0 0 0

Total Repairs and Maintenance $22,828 $17,540 $10,426 $2,038 $52,832 $41,002 $0 $0 $0 $41,002

Building Maintenance

76030 Complimentary Supplies 0 1,533 0 0 1,533 0 0 0 0 0

Total Building Maintenance $0 $1,533 $0 $0 $1,533 $0 $0 $0 $0 $0

Utilities

74005 Electricity 1,627 (3,133) 70 0 (1,436) 0 0 0 0 0

74035 C9 Electricity 199 0 0 0 199 0 0 0 0 0

74065 Water 1,146 409 0 0 1,555 0 0 0 0 0

74070 Sewer & Waste Removal 49 1,779 0 0 1,827 0 0 0 0 0

74095 Gas 0 920 0 0 920 0 0 0 0 0

74125 Telephone 34 400 2,613 0 3,046 0 0 0 0 0

Total Utilities $3,055 $375 $2,683 $0 $6,113 $0 $0 $0 $0 $0

Community Safety

75085 Patrol Service 5,266 559 2,797 0 8,623 0 0 0 0 0

Page 2 of


4

8



8290 ARVILLE STREET

Las Vegas NV 89139

CommonArea


TOTAL CommonArea


TOTAL


Total Community Safety $5,266 $559 $2,797 $0 $8,623 $0 $0 $0 $0 $0

Administrative

77015 Fees & Permits (43) 0 0 0 (43) 0 0 0 0 0

77050 Collection Cost 252 0 0 0 252 0 0 0 0 0

77055 Town Square Assessments 0 5,580 0 0 5,580 0 0 0 0 0

77110 Travel/Mileage Expense 0 339 0 0 339 0 0 0 0 0

77125 Recruitment/Employee Relations 0 300 0 0 300 0 0 0 0 0

77135 Education/Training 310 0 0 0 310 0 0 0 0 0

77200 Management Fees 6,551 1,859 443 250 9,102 0 0 0 0 0

77230 Office Supplies 0 346 0 0 346 0 0 0 0 0

77260 Postage/Printing 540 0 0 0 540 0 0 0 0 0

77270 Community Website & Newsletter 63 255 0 0 318 0 0 0 0 0

77290 Mobile Phones/Radios 0 555 0 0 555 0 0 0 0 0

77350 Community Events 80 0 0 0 80 0 0 0 0 0

77530 Bank/Credit Card Service Charges 35 397 0 0 432 0 0 0 0 0

77630 Massage Therapist Payout 0 4,247 0 0 4,247 0 0 0 0 0

77632 Fitness Instructors 0 6,274 0 0 6,274 0 0 0 0 0

77645 R/M - Fitness Supplies 0 192 0 0 192 0 0 0 0 0

77730 Architect Review - Landscape & Custom 6,350 0 0 0 6,350 0 0 0 0 0

77740 Consulting/Professional Service 540 0 0 0 540 0 0 0 0 0

77760 Legal Fees 8,281 0 0 0 8,281 0 0 0 0 0

77765 Rockery Wall Lawsuit 1,031 0 0 0 1,031 0 0 0 0 0

77900 Loan Interest - TCTC 0 7,788 0 0 7,788 0 0 0 0 0

77950 Depreciation Expense 1,250 20,680 0 0 21,930 0 0 0 0 0

Total Administrative $25,240 $48,812 $443 $250 $74,745 $0 $0 $0 $0 $0

Taxes and Insurance

78005 Taxes - Real Property 381 0 0 0 381 0 0 0 0 0

78105 Ins - Liability & Property 947 3,340 698 0 4,984 0 0 0 0 0

78190 Ins - Directors & Officers 1,382 0 0 0 1,382 0 0 0 0 0

78240 Ins - Workmens Comp 41 0 0 0 41 0 0 0 0 0

Total Taxes and Insurance $2,751 $3,340 $698 $0 $6,788 $0 $0 $0 $0 $0

Page 3 of


4

9



8290 ARVILLE STREET

Las Vegas NV 89139

CommonArea


TOTAL CommonArea


TOTAL


TOTAL EXPENSES $167,943 $110,172 $22,926 $8,055 $309,096 $44,512 $0 $0 $0 $44,512

EXCESS OF REVENUES/EXPENSES $165,481 $60,051 ($1,006) $546 $225,073 ($6,714) $31,560 $30,239 $0 $55,085

Page 4 of


4

10

SOME - Variance Analysis

Project title:

Period covered: 2/29/2020

Operating

GL Expenditure Budgeted Variance Reason for the variance Follow up action?

74005 Electricity 1,500$ (1,664)$ usage based on actuals N/A

74065 Water 2,000$ (1,251)$ usage based on actuals N/A

77260 Postage/Printing 500$ (7,220)$ Includes November Billing & 2020 Budget Mailing N/A

60005 P/R - Admin 27,500$ (1,450)$ Accounting over accrued January expense N/A

72480 Contracted Service 11,263$ 9,101$ Budgeted amount includes Fire Fuel 100k cost Adjust monthly expense next month

77020 Account Reimb 800$ (3,210)$ Includes annual storage expense N/A

Reserve


71005 LS - Renov/Improv -$ (11,216)$ Consulting fees for drainage maint & drainage channel clean-up expense

N/A

72385 R/M - Paving -$ (19,860)$ Grad-ex low spot asphalt repair N/A

GENERAL COMMON

11

03/19/2020 3:00:32 PM SOA Statement of Revenue & Expenses -Common Area Operating Fund

SOME Somersett Owners Association01/31/2020

FIRSTSERVICE RESIDENTIAL, NEVADA, LLC

8290 ARVILLE STREET

Las Vegas NV 89139

GL Jan Jan Jan YTD YTD YTD 2020Actual Budget Variance Actual Budget Variance Budget

REVENUE

40005 Assessments 332,220 332,010 210 332,220 332,010 210 4,001,760

40015 Assessment - Commercial 7,891 7,891 0 7,891 7,891 0 94,689

40020 Assessment - Non Member Country Club 452 470 (18) 452 470 (18) 5,645

40021 Bad Debt - Contra 0 (1,000) 1,000 0 (1,000) 1,000 (10,000)

43500 Special Assessments 0 0 0 0 0 0 0

45000 CC&R Transfer Fee 18,990 10,000 8,990 18,990 10,000 8,990 175,000

45125 Arc & Landscape Review Fees 375 3,200 (2,825) 375 3,200 (2,825) 43,000

45156 Late Fee 7,400 1,500 5,900 7,400 1,500 5,900 15,000

45245 Fines 350 300 50 350 300 50 3,600

45645 Interest - Financial 534 67 467 534 67 467 800

45646 Interest - HO 571 100 471 571 100 471 1,200

45800 Loan Payment Carryover 0 (16,359) 16,359 0 (16,359) 16,359 (197,725)

46005 Green Fee/Equip Rental/Merch 474 500 (26) 474 500 (26) 34,000

46015 Community Event Revenue 0 0 0 0 0 0 500

46475 SGCC Lease 0 1,200 (1,200) 0 1,200 (1,200) 29,120

90000 Reserve Transfer (35,833) (35,833) 0 (35,833) (35,833) 0 (430,000)

TOTAL REVENUE $333,424 $304,046 $29,378 $333,424 $304,046 $29,378 $3,766,589

EXPENSES

Landscaping

70005 L/S - Contract 80,958 82,048 1,090 80,958 82,048 1,090 984,579

70025 L/S - Repairs/Maintenance 0 200 200 0 200 200 50,000

71005 L/S - Renovations/Improvements 0 0 0 0 0 0 40,000

71040 L/S - Ditch Maintenance 2,179 0 (2,179) 2,179 0 (2,179) 18,500

71225 L/S - Irrigation 0 0 0 0 0 0 15,000

71450 L/S - East Park 0 0 0 0 0 0 500

72090 R/M - Snow Plowing & Sanding 1,100 10,000 8,901 1,100 10,000 8,901 40,000

Total Landscaping $84,236 $92,248 $8,012 $84,236 $92,248 $8,012 $1,148,579

Utilities and Maintenance

72000 R/M - Maintenance Allocation 4,106 4,400 294 4,106 4,400 294 54,060

74005 Electricity 1,627 1,400 (227) 1,627 1,400 (227) 37,000

74035 C9 Electricity 199 1,000 801 199 1,000 801 7,000

74065 Water 1,146 1,800 654 1,146 1,800 654 400,500

74070 Sewer & Waste Removal 49 49 0 49 49 0 590

74125 Telephone 34 35 1 34 35 1 420

72462 Contingency 0 0 0 0 0 0 564,486

Total Utilities and Maintenance $7,161 $8,684 $1,523 $7,161 $8,684 $1,523 $1,064,056

General and Administrative

77200 Management Fees 6,551 6,450 (100) 6,551 6,450 (100) 77,728

77230 Office Supplies 0 200 200 0 200 200 5,000

77260 Postage/Printing 540 500 (40) 540 500 (40) 35,000

60005 P/R - Administrative 25,666 27,500 1,834 25,666 27,500 1,834 352,500

72480 Contracted Services 485 11,263 10,778 485 11,263 10,778 135,160

77740 Consulting/Professional Service 540 2,000 1,460 540 2,000 1,460 30,000

77750 Audit & Tax Service 0 0 0 0 0 0 3,900

77760 Legal Fees 8,281 10,000 1,719 8,281 10,000 1,719 100,000

77765 Rockery Wall Lawsuit 1,031 10,000 8,969 1,031 10,000 8,969 100,000

77770 Rock Wall Monitoring 0 0 0 0 0 0 21,250Page 1 of


2

12

03/19/2020 3:00:32 PM SOA Statement of Revenue & Expenses -Common Area Operating Fund



8290 ARVILLE STREET

Las Vegas NV 89139


77530 Bank/Credit Card Service Charges 35 35 0 35 35 0 420

77015 Fees & Permits (43) 0 43 (43) 0 43 24,000

77050 Collection Cost 252 0 (252) 252 0 (252) 0

77135 Education/Training 310 0 (310) 310 0 (310) 1,000

77950 Depreciation Expense 1,250 1,600 350 1,250 1,600 350 6,400

78005 Taxes - Real Property 381 5,000 4,619 381 5,000 4,619 26,870

77020 Account Reimbursable 0 500 500 0 500 500 12,000

Total General and Administrative $45,279 $75,049 $29,770 $45,279 $75,049 $29,770 $931,228

AGC Expenses

77730 Architect Review - Landscape & Custom 6,350 10,200 3,850 6,350 10,200 3,850 43,200

Total AGC Expenses $6,350 $10,200 $3,850 $6,350 $10,200 $3,850 $43,200

C9 Operations and Community Access

72235 Loan Interest - Common 16,250 15,856 (394) 16,250 15,856 (394) 188,846

72240 C9 Operations 0 22,083 22,083 0 22,083 22,083 265,000

Total C9 Operations and Community Access $16,250 $37,939 $21,689 $16,250 $37,939 $21,689 $453,846

Patrol/Community Events

75085 Patrol Service 5,266 5,236 (30) 5,266 5,236 (30) 62,830

76035 Canyon Nine Operational Expenses 0 0 0 0 0 0 7,500

77350 Community Events 80 0 (80) 80 0 (80) 17,000

77270 Community Website & Newsletter 63 75 12 63 75 12 4,300

Total Patrol/Community Events $5,409 $5,311 ($98) $5,409 $5,311 ($98) $91,630

Insurance

78105 Ins - Liability & Property 947 854 (93) 947 854 (93) 10,250

78190 Ins - Directors & Officers 1,382 1,962 581 1,382 1,962 581 23,547

78240 Ins - Workmens Comp 41 21 (20) 41 21 (20) 253

Total Insurance $2,370 $2,838 $468 $2,370 $2,838 $468 $34,050

TOTAL EXPENSES $167,055 $232,268 $65,213 $167,055 $232,268 $65,213 $3,766,589

EXCESS OF REVENUE/EXPENSES $165,481 $71,778 $93,704 $165,481 $71,778 $93,704 $0

Page 2 of


2

13

03/19/2020 3:03:12 PM SOA Statement of Revenue & Expenses -Common Area Reserve Fund



8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE

41000 Reserve Transfer 35,833 35,833 0 35,833 35,833 0 430,000

45645 Interest - Financial 1,965 0 1,965 1,965 0 1,965 0

TOTAL REVENUE $37,798 $35,833 $1,965 $37,798 $35,833 $1,965 $430,000

EXPENSES

Landscaping

71005 L/S - Renovations/Improvements 3,510 0 (3,510) 3,510 0 (3,510) 143,496

71065 L/S - Tree Mapping 0 0 0 0 0 0 109,850

71205 Pathway - Trail Repairs 0 0 0 0 0 0 10,506

71225 L/S - Irrigation 0 0 0 0 0 0 114,246

Total Landscaping $3,510 $0 ($3,510) $3,510 $0 ($3,510) $378,098


72050 R/M - Fences,Signs,Rock Walls, Misc 1,625 8,865 7,240 1,625 8,865 7,240 106,380

72100 R/M - Lighting Maintenance 0 0 0 0 0 0 7,804

72265 Lake/Pond Repair 0 0 0 0 0 0 157,594

72385 R/M - Paving 16,513 0 (16,513) 16,513 0 (16,513) 0

72400 R/M - Concrete Borders 0 0 0 0 0 0 34,898

72411 R/M - Golf Cart Equipment 0 0 0 0 0 0 8,959

72440 R/M - Building 0 0 0 0 0 0 7,380

72442 Golf Course Outdoor Equipment - Ben 0 0 0 0 0 0 21,834

72443 Pump Replacement 0 0 0 0 0 0 31,519

72444 Outdoor Equipment (Canyon 9) 22,864 0 (22,864) 22,864 0 (22,864) 114,790

Total Repairs and Maintenance $41,002 $8,865 ($32,137) $41,002 $8,865 ($32,137) $491,158

Administrative

77230 Office Supplies 0 0 0 0 0 0 1,938

Total Administrative $0 $0 $0 $0 $0 $0 $1,938

TOTAL EXPENSES $44,512 $8,865 ($35,647) $44,512 $8,865 ($35,647) $871,194

EXCESS OF REVENUES/EXPENSES ($6,714) $26,968 ($33,682) ($6,714) $26,968 ($33,682) ($441,194)

Page 1 of


1

14


Project title:


Operating


72480 Contacted Service 11,000$ (8,131)$ Includes 2 mos of cleaning service billing and retro fitting of

exterior lightingN/A

72000 RM - Maint Alloc 8,800$ (3,522)$ Accounting under accred last month N/A

72310 Pool/Spa - Repairs -$ (618)$ charged invoice to wrong GLAccounting will adjust in March financials

72317 Pool - Utilities 1,500$ (3,655)$ January billing was higher than what accounting accrued, so it

was adjusted on February financialsN/A

74095 Gas 500$ (2,057)$ Accounting under accrued based on prior billing N/A

Reserve


72420 R/M - Floor -$ (15,350)$ 3rd Billing for downstairs carpet replacement N/A

72450 R/M - Paint -$ (14,000)$ Final billing for painting of downstairs N/A

TCTC

15

03/24/2020 7:44:25 PM SOA Statement of Revenue & Expenses - TheClub at Town Center Operating FundSOME Somersett Owners Association


8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE

Assessment Revenue

40005 Assessments 173,728 173,609 119 173,728 173,609 119 2,097,552

40020 Assessment - Non Member Country Club 2,029 2,333 (305) 2,029 2,333 (305) 28,000

40021 Bad Debt - Contra 0 (833) 833 0 (833) 833 (10,000)


Total Assessment Revenue $146,340 $145,693 $647 $146,340 $145,693 $647 $1,762,552

Operations Revenue

45550 Activity Fee 12,756 16,000 (3,244) 12,756 16,000 (3,244) 60,000

45555 Swim Lesson Fee 0 0 0 0 0 0 10,000

45560 Massage Fee 4,422 2,000 2,422 4,422 2,000 2,422 25,000

45565 Guest Fees for Facility 432 750 (318) 432 750 (318) 16,000

45570 Instruction Revenue 2,150 1,300 850 2,150 1,300 850 14,000

45575 Private Party/Room Rental 0 350 (350) 0 350 (350) 4,350

45580 Kids Camp 4,122 2,500 1,622 4,122 2,500 1,622 90,700

Total Operations Revenue $23,882 $22,900 $982 $23,882 $22,900 $982 $220,050

Food & Beverage Revenue

45800 Loan Payment Carryover 0 (7,854) 7,854 0 (7,854) 7,854 (94,927)

45845 Sales - Snack Bar Food 0 0 0 0 0 0 16,000

45885 Sales - Alcohol 0 100 (100) 0 100 (100) 8,000

45925 Sales - Other, Non Alcohol 2 50 (48) 2 50 (48) 5,000

Total Food & Beverage Revenue $2 ($7,704) $7,706 $2 ($7,704) $7,706 ($65,927)

TOTAL REVENUE $170,224 $160,889 $9,335 $170,224 $160,889 $9,335 $1,916,675

EXPENSES

Cost of Sales

50005 COS - Snack Bar Supplies 0 0 0 0 0 0 2,200

50010 COS - Food 0 0 0 0 0 0 11,000

50015 COS - Alcohol 0 200 200 0 200 200 3,200

50025 COS - Non Alcohol 0 100 100 0 100 100 4,500

Total Cost of Sales $0 $300 $300 $0 $300 $300 $20,900

Operations

77630 Massage Therapist Payout 4,247 1,000 (3,247) 4,247 1,000 (3,247) 25,000

77632 Fitness Instructors 6,274 7,500 1,226 6,274 7,500 1,226 95,000

77645 R/M - Fitness Supplies 192 500 308 192 500 308 16,000

72368 Activity Supplies 88 1,100 1,012 88 1,100 1,012 25,000

77707 Summer Camp 0 0 0 0 0 0 27,000

60005 P/R - Administrative 37,363 43,000 5,637 37,363 43,000 5,637 743,500

77110 Travel/Mileage Expense 339 200 (139) 339 200 (139) 6,000

77125 Recruitment/Employee Relations 300 0 (300) 300 0 (300) 12,000

77290 Mobile Phones/Radios 555 450 (105) 555 450 (105) 5,400

Total Operations $49,358 $53,750 $4,392 $49,358 $53,750 $4,392 $954,900


77200 Management Fees 1,859 1,838 (21) 1,859 1,838 (21) 22,058

77230 Office Supplies 346 500 154 346 500 154 4,000

Page 1 of


2

16

03/24/2020 7:44:25 PM SOA Statement of Revenue & Expenses - TheClub at Town Center Operating FundSOME Somersett Owners Association


8290 ARVILLE STREET

Las Vegas NV 89139


77270 Community Website & Newsletter 255 200 (55) 255 200 (55) 10,000

72480 Contracted Services 8,948 10,000 1,052 8,948 10,000 1,052 132,595

75085 Patrol Service 559 317 (243) 559 317 (243) 3,800

78105 Ins - Liability & Property 3,340 3,012 (328) 3,340 3,012 (328) 36,145

77015 Fees & Permits 0 2,600 2,600 0 2,600 2,600 12,000

78005 Taxes - Real Property 0 0 0 0 0 0 1,400

77530 Bank/Credit Card Service Charges 397 300 (97) 397 300 (97) 5,500

77750 Audit & Tax Service 0 0 0 0 0 0 9,000

77760 Legal Fees 0 250 250 0 250 250 1,000

77950 Depreciation Expense 20,680 22,264 1,584 20,680 22,264 1,584 267,166

77055 Town Square Assessments 5,580 5,580 0 5,580 5,580 0 66,955

Total General and Administrative $41,964 $46,860 $4,896 $41,964 $46,860 $4,896 $571,619

Building Expense

72425 Special Projects - TCTC Expansion 0 0 0 0 0 0 50,000

72440 R/M - Building 335 2,000 1,665 335 2,000 1,665 50,000

70005 L/S - Contract 650 625 (25) 650 625 (25) 7,500

72000 R/M - Maintenance Allocation 4,106 8,800 4,694 4,106 8,800 4,694 106,300

72010 R/M - Supplies, Small Tools & Equipment 0 400 400 0 400 400 4,000

76030 Complimentary Supplies 1,533 800 (733) 1,533 800 (733) 16,270

72200 R/M - Janitorial Supplies 0 1,000 1,000 0 1,000 1,000 12,000

72298 Pool/Spa - Chemicals 2,146 1,000 (1,146) 2,146 1,000 (1,146) 17,000

72300 Pool/Spa Service Contract 0 200 200 0 200 200 5,000

72317 Pool - Utilities 1,917 1,500 (417) 1,917 1,500 (417) 15,500

74005 Electricity (3,133) 2,800 5,933 (3,133) 2,800 5,933 40,500

74065 Water 409 300 (109) 409 300 (109) 13,500

74070 Sewer & Waste Removal 1,779 700 (1,079) 1,779 700 (1,079) 10,000

74095 Gas 920 600 (320) 920 600 (320) 13,000

74125 Telephone 400 402 2 400 402 2 4,822

Total Building Expense $11,062 $21,127 $10,065 $11,062 $21,127 $10,065 $365,392

Club Loan

77900 Loan Interest - TCTC 7,788 7,612 (176) 7,788 7,612 (176) 90,664

Total Club Loan $7,788 $7,612 ($176) $7,788 $7,612 ($176) $90,664

TOTAL EXPENSES $110,172 $129,650 $19,477 $110,172 $129,650 $19,477 $2,003,475

EXCESS OF REVENUE/EXPENSES $60,051 $31,239 $28,812 $60,051 $31,239 $28,812 ($86,800)

Page 2 of


2

17

03/19/2020 3:04:27 PM SOA Statement of Revenue & Expenses - TheClub at Town Center Reserve Fund



8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE



TOTAL REVENUE $31,560 $29,417 $2,143 $31,560 $29,417 $2,143 $353,000

EXPENSES


72100 R/M - Lighting Maintenance 0 0 0 0 0 0 42,657

72165 Snack Shack Appliance Replacement 0 0 0 0 0 0 1,860

72170 Appliance Replacement 0 0 0 0 0 0 11,442

72275 Tot Lot - Play Equipment 0 0 0 0 0 0 632,175

72310 Pool/Spa - Repairs & Supplies 0 0 0 0 0 0 60,848

72400 R/M - Concrete Borders 0 0 0 0 0 0 96,512

72410 R/M - Equipment 0 0 0 0 0 0 8,299

72420 R/M - Floor 0 0 0 0 0 0 57,792

72440 R/M - Building 0 0 0 0 0 0 103,432

72445 R/M - Roof 0 0 0 0 0 0 48,330

72450 R/M - Paint 0 6,820 6,820 0 6,820 6,820 6,820

72455 R/M - Pool 0 9,965 9,965 0 9,965 9,965 39,860

Total Repairs and Maintenance $0 $16,785 $16,785 $0 $16,785 $16,785 $1,110,027

Security

75105 Security System 0 0 0 0 0 0 15,498

Total Security $0 $0 $0 $0 $0 $0 $15,498

Administrative

77230 Office Supplies 0 0 0 0 0 0 1,400

Total Administrative $0 $0 $0 $0 $0 $0 $1,400

TOTAL EXPENSES $0 $16,785 $16,785 $0 $16,785 $16,785 $1,126,925

EXCESS OF REVENUES/EXPENSES $31,560 $12,632 $18,928 $31,560 $12,632 $18,928 ($773,925)

Page 1 of


1

18


Project title:


Operating


72480 Contracted Service 1,183$ (1,185)$ Accounting accrued for Doorking invoice and CCTV invoicing. N/A

74125 Telephone 1,133$ 1,199$ AT&T billing increased. Management is working on getting contract

renewed to lower pricing

N/A

Reserve


GATES

19

03/19/2020 3:02:28 PM SOA Statement of Revenue & Expenses -Gates Operating Fund



8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE

40005 Assessments 47,112 47,196 (84) 47,112 47,196 (84) 566,352

40021 Bad Debt - Contra 0 (375) 375 0 (375) 375 (4,500)

45405 Gate Transmitters/Clickers 225 200 25 225 200 25 4,700


TOTAL REVENUE $21,920 $21,604 $316 $21,920 $21,604 $316 $261,552

EXPENSES


77200 Management Fees 443 438 (5) 443 438 (5) 5,251

72480 Contracted Services 1,320 1,183 (137) 1,320 1,183 (137) 14,200

60005 P/R - Administrative 5,880 6,300 420 5,880 6,300 420 75,600

75085 Patrol Service 2,797 1,939 (859) 2,797 1,939 (859) 23,264

78105 Ins - Liability & Property 698 629 (69) 698 629 (69) 7,552

77750 Audit & Tax Service 0 0 0 0 0 0 900

77760 Legal Fees 0 0 0 0 0 0 1,000

Total General and Administrative $11,138 $10,489 ($649) $11,138 $10,489 ($649) $127,767

Utilities

74005 Electricity 70 100 30 70 100 30 1,200

74125 Telephone 2,613 1,430 (1,183) 2,613 1,430 (1,183) 17,160

Total Utilities $2,683 $1,530 ($1,153) $2,683 $1,530 ($1,153) $18,360

Maintenance

72000 R/M - Maintenance Allocation 4,106 4,400 294 4,106 4,400 294 53,425

72090 R/M - Snow Plowing & Sanding 4,910 3,000 (1,910) 4,910 3,000 (1,910) 49,000

72220 Gate Maintenance 90 1,200 1,110 90 1,200 1,110 8,500

72225 Gate - Clickers 0 0 0 0 0 0 4,500

Total Maintenance $9,106 $8,600 ($506) $9,106 $8,600 ($506) $115,425

TOTAL EXPENSES $22,926 $20,619 ($2,307) $22,926 $20,619 ($2,307) $261,552

EXCESS OF REVENUE/EXPENSES ($1,006) $985 ($1,991) ($1,006) $985 ($1,991) $0

Page 1 of


1

20

03/19/2020 3:05:48 PM SOA Statement of Revenue & Expenses -Gates Reserve Fund



8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE



TOTAL REVENUE $30,239 $25,417 $4,822 $30,239 $25,417 $4,822 $305,000

EXPENSES


72220 Gate Maintenance 0 0 0 0 0 0 16,779

72385 R/M - Paving 0 0 0 0 0 0 11,226

72405 Fire Hydrant 0 0 0 0 0 0 5,353

72470 Monument Repair - Lettering/Signage 0 0 0 0 0 0 31,519

Total Repairs and Maintenance $0 $0 $0 $0 $0 $0 $64,877

TOTAL EXPENSES $0 $0 $0 $0 $0 $0 $64,877

EXCESS OF REVENUES/EXPENSES $30,239 $25,417 $4,822 $30,239 $25,417 $4,822 $240,123

Page 1 of


1

21


Project title:


Operating


60005 PR - Admin 1,850$ 1,850$ Accounting over accrued for January N/A

TOWN SQUARE

22

03/19/2020 3:07:18 PM SOA Statement of Revenue & Expenses -Town Square Operating Fund



8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE

40005 Assessments 8,601 9,375 (775) 8,601 9,375 (775) 112,505

TOTAL REVENUE $8,601 $9,375 ($775) $8,601 $9,375 ($775) $112,505

EXPENSES

Landscaping

70005 L/S - Contract 2,315 2,315 0 2,315 2,315 0 27,780

71005 L/S - Renovations/Improvements 0 0 0 0 0 0 3,000

71225 L/S - Irrigation 0 0 0 0 0 0 2,500

72090 R/M - Snow Plowing & Sanding 2,038 10,000 7,962 2,038 10,000 7,962 35,000

Total Landscaping $4,353 $12,315 $7,962 $4,353 $12,315 $7,962 $68,280


77200 Management Fees 250 250 0 250 250 0 3,000

77230 Office Supplies 0 0 0 0 0 0 30

77260 Postage/Printing 0 0 0 0 0 0 175

60005 P/R - Administrative 3,452 1,850 (1,602) 3,452 1,850 (1,602) 22,200

72480 Contracted Services 0 0 0 0 0 0 1,500

77760 Legal Fees 0 125 125 0 125 125 1,500

77005 Bad Debt 0 0 0 0 0 0 13,820

Total General and Administrative $3,702 $2,225 ($1,477) $3,702 $2,225 ($1,477) $42,225

TOTAL EXPENSES $8,055 $14,540 $6,485 $8,055 $14,540 $6,485 $110,505

EXCESS OF REVENUE/EXPENSES $546 ($5,165) $5,710 $546 ($5,165) $5,710 $0

Page 1 of


1

23

03/19/2020 3:07:07 PM SOA Projected Statement of Revenue & Expenses - CommonArea



8290 ARVILLE STREET

Las Vegas NV 89139

Acct Descript Jan Act Feb Bud Mar Bud Apr Bud May Bud Jun Bud Jul Bud Aug Bud Sep Bud Oct Bud Nov Bud Dec Bud Act/Bud Budget Variance2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020

REVENUE

40005 Assessments 332,220 332,010 333,165 333,165 333,270 333,270 333,270 334,320 334,320 334,320 334,320 334,320 4,001,970 4,001,760 210

40015 Assessment - Co 7,891 7,891 7,891 7,891 7,891 7,891 7,891 7,891 7,891 7,891 7,891 7,891 94,689 94,689 0

40020 Assessment - No 452 470 470 470 470 470 470 470 470 470 470 470 5,627 5,645 (18)

40021 Bad Debt - Contr 0 0 0 (2,000) 0 0 0 (5,000) 0 0 0 (2,000) (9,000) (10,000) 1,000

43500 Special Assessme 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

45000 CC&R Transfer F 18,990 13,000 13,000 16,000 16,000 12,000 15,000 20,000 18,000 15,000 15,000 12,000 183,990 175,000 8,990

45125 Arc & Landscape 375 3,500 5,500 5,500 3,500 6,500 4,000 4,000 2,500 2,000 1,500 1,300 40,175 43,000 (2,825)

45156 Late Fee 7,400 1,200 1,500 2,000 1,000 1,200 1,000 1,200 1,000 1,200 1,200 1,000 20,900 15,000 5,900

45245 Fines 350 300 300 300 300 300 300 300 300 300 300 300 3,650 3,600 50

45645 Interest - Financi 534 67 67 67 67 67 67 67 67 67 67 67 1,267 800 467

45646 Interest - HO 571 100 100 100 100 100 100 100 100 100 100 100 1,671 1,200 471

45800 Loan Payment Car 0 (15,901) (16,493) (16,562) (16,111) (16,698) (16,253) (16,835) (16,395) (16,466) (17,042) (16,610) (181,366) (197,725) 16,359

46005 Green Fee/Equip 474 300 1,000 3,000 3,000 5,000 6,000 6,000 3,200 3,000 1,500 1,500 33,974 34,000 (26)

46015 Community Event 0 0 0 0 0 0 0 0 0 500 0 0 500 500 0

46475 SGCC Lease 0 500 500 11,710 500 500 500 500 11,710 500 500 500 27,920 29,120 (1,200)

90000 Reserve Transfer (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (35,833) (430,000) (430,000) 0

TOTAL REVENUE $333,424 $307,604 $311,166 $325,808 $314,153 $314,766 $316,512 $317,179 $327,329 $313,049 $309,972 $305,004 $3,795,967 $3,766,589 $29,378

EXPENSES


60005 P/R - Administrat 25,666 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 27,500 50,000 350,666 352,500 1,834

Total Payroll and Benefits $25,666 $27,500 $27,500 $27,500 $27,500 $27,500 $27,500 $27,500 $27,500 $27,500 $27,500 $50,000 $350,666 $352,500 $1,834

Landscaping

70005 L/S - Contract 80,958 82,048 82,048 82,048 82,048 82,048 82,048 82,048 82,048 82,048 82,048 82,048 983,489 984,579 1,090

70025 L/S - Repairs/Ma 0 500 500 800 8,000 5,000 5,000 5,000 5,000 10,000 10,000 0 49,800 50,000 200

71005 L/S - Renovation 0 0 1,500 5,000 5,000 1,500 2,000 2,000 3,000 10,000 10,000 0 40,000 40,000 0

71040 L/S - Ditch Maint 2,179 0 0 0 0 0 0 0 0 0 18,500 0 20,679 18,500 (2,179)

71225 L/S - Irrigation 0 0 0 0 1,000 2,000 2,000 3,000 2,000 5,000 0 0 15,000 15,000 0

71450 L/S - East Park 0 0 0 0 250 0 0 0 0 250 0 0 500 500 0

Page 1 of


3

24




8290 ARVILLE STREET

Las Vegas NV 89139


Total Landscaping $83,137 $82,548 $84,048 $87,848 $96,298 $90,548 $91,048 $92,048 $92,048 $107,298 $120,548 $82,048 $1,109,467 $1,108,579 ($888)


72000 R/M - Maintenan 4,106 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 5,660 53,766 54,060 294

72090 R/M - Snow Plo 1,100 20,000 0 0 0 0 0 0 0 0 0 10,000 31,100 40,000 8,901

72225 Gate - Clickers 888 0 0 0 0 0 0 0 0 0 0 0 888 0 (888)

72235 Loan Interest - C 16,250 16,314 15,721 15,652 16,103 15,516 15,962 15,379 15,819 15,748 15,172 15,604 189,240 188,846 (394)

72240 C9 Operations 0 22,083 22,083 22,083 22,083 22,083 22,083 22,083 22,083 22,083 22,083 22,083 242,917 265,000 22,083

72462 Contingency 0 0 0 0 0 0 0 0 0 0 0 564,486 564,486 564,486 0

72480 Contracted Servic 485 11,263 11,263 11,263 11,263 11,263 11,263 11,263 11,263 11,263 11,263 11,263 124,382 135,160 10,778

76035 Canyon Nine Oper 0 0 0 0 2,000 0 500 500 500 2,000 2,000 0 7,500 7,500 0

Total Repairs and Maintenance $22,828 $74,060 $53,468 $53,399 $55,849 $53,263 $54,208 $53,626 $54,066 $55,495 $54,919 $629,097 $1,214,277 $1,255,052 $40,774

Utilities

74005 Electricity 1,627 1,500 2,000 2,500 3,000 3,800 4,000 4,000 4,000 3,800 3,500 3,500 37,227 37,000 (227)

74035 C9 Electricity 199 500 500 500 500 500 500 1,000 500 500 500 500 6,199 7,000 801

74065 Water 1,146 2,000 2,000 2,800 36,000 65,000 77,000 87,000 87,000 20,000 18,000 1,900 399,846 400,500 654

74070 Sewer & Waste R 49 49 49 49 49 49 49 49 49 49 49 49 590 590 0

74125 Telephone 34 35 35 35 35 35 35 35 35 35 35 35 419 420 1

Total Utilities $3,055 $4,084 $4,584 $5,884 $39,584 $69,384 $81,584 $92,084 $91,584 $24,384 $22,084 $5,984 $444,281 $445,510 $1,229

Community Safety

75085 Patrol Service 5,266 5,236 5,236 5,236 5,236 5,236 5,236 5,236 5,236 5,236 5,236 5,236 62,860 62,830 (30)

Total Community Safety $5,266 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $5,236 $62,860 $62,830 ($30)

Administrative

77015 Fees & Permits (43) 0 0 50 0 0 0 500 0 300 0 23,150 23,958 24,000 43

77020 Account Reimburs 0 800 2,500 500 800 600 2,000 800 800 500 1,000 1,200 11,500 12,000 500

77050 Collection Cost 252 0 0 0 0 0 0 0 0 0 0 0 252 0 (252)

77135 Education/Trainin 310 0 0 500 0 0 0 0 0 500 0 0 1,310 1,000 (310)

77200 Management Fees 6,551 6,450 6,473 6,473 6,473 6,473 6,473 6,493 6,493 6,493 6,493 6,493 77,828 77,728 (100)

77230 Office Supplies 0 300 600 800 600 200 200 600 300 300 400 500 4,800 5,000 200

77260 Postage/Printing 540 4,000 1,000 500 1,000 4,000 4,000 1,000 1,000 4,000 8,000 6,000 35,040 35,000 (40)

Page 2 of


3

25




8290 ARVILLE STREET

Las Vegas NV 89139


77270 Community Websi 63 120 75 75 75 75 80 120 75 75 75 3,380 4,288 4,300 12

77350 Community Events 80 600 2,000 300 0 100 1,000 1,000 500 2,500 8,000 1,000 17,080 17,000 (80)

77530 Bank/Credit Card 35 35 35 35 35 35 35 35 35 35 35 35 420 420 0

77730 Architect Review 6,350 0 0 12,000 0 0 0 12,000 0 0 0 9,000 39,350 43,200 3,850

77740 Consulting/Profes 540 2,000 2,000 3,000 5,000 4,000 2,000 2,000 2,000 2,000 2,000 2,000 28,540 30,000 1,460

77750 Audit & Tax Servi 0 0 0 0 0 0 0 3,900 0 0 0 0 3,900 3,900 0

77760 Legal Fees 8,281 5,000 5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 5,000 5,000 98,281 100,000 1,719

77765 Rockery Wall Law 1,031 5,000 5,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 5,000 5,000 91,031 100,000 8,969

77770 Rock Wall Monitor 0 0 0 5,000 0 0 0 5,000 0 0 0 11,250 21,250 21,250 0

77950 Depreciation Expe 1,250 0 0 1,600 0 0 0 1,600 0 0 0 1,600 6,050 6,400 350

Total Administrative $25,240 $24,305 $24,683 $50,833 $33,983 $35,483 $35,788 $55,048 $31,203 $36,703 $36,003 $75,608 $464,878 $481,198 $16,320

Taxes and Insurance

78005 Taxes - Real Pro 381 0 0 500 0 0 0 18,000 0 0 0 3,370 22,251 26,870 4,619

78105 Ins - Liability & Pr 947 854 854 854 854 854 854 854 854 854 854 854 10,343 10,250 (93)

78190 Ins - Directors & 1,382 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962 22,966 23,547 581

78240 Ins - Workmens 41 21 21 21 21 21 21 21 21 21 21 21 273 253 (20)

Total Taxes and Insurance $2,751 $2,838 $2,838 $3,338 $2,838 $2,838 $2,838 $20,838 $2,838 $2,838 $2,838 $6,208 $55,833 $60,920 $5,087

TOTAL EXPENSES $167,943 $220,571 $202,356 $234,037 $261,288 $284,251 $298,202 $346,379 $304,474 $259,454 $269,127 $854,181 $3,702,263 $3,766,589 $64,325

EXCESS OFREVENUE/EXPENSES

$165,481 $87,033 $108,810 $91,770 $52,865 $30,515 $18,310 ($29,200) $22,855 $53,595 $40,845 ($549,176) $93,704 $0 $93,704

Page 3 of


3

26

03/24/2020 7:45:19 PM SOA Projected Statement of Revenue & Expenses - The Clubat Town Center



8290 ARVILLE STREET

Las Vegas NV 89139

Description Jan Act Feb Bud Mar Bud Apr Bud May Bud Jun Bud Jul Bud Aug Bud Sep Bud Oct Bud Nov Bud Dec Bud Act/Bud Budget Variance2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 Total 2020 2020

REVENUE

Assessment Revenue

40005 Assessments 173,728 173,609 174,588 174,588 174,588 174,588 174,588 175,478 175,478 175,478 175,478 175,478 2,097,671 2,097,552 119

40020 Assessment - Non Me 2,029 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 27,695 28,000 (305)

40021 Bad Debt - Contra 0 (833) (833) (833) (833) (833) (833) (833) (833) (833) (833) (833) (9,167) (10,000) 833


Total Assessment Revenue $146,340

$145,693 $146,672 $146,672 $146,672 $146,672 $146,672 $147,562 $147,562 $147,562 $147,562 $147,562 $1,763,199 $1,762,552 $647

Operations Revenue

45550 Activity Fee 12,756 3,000 5,000 2,000 5,000 1,000 1,000 15,000 4,000 3,000 1,000 4,000 56,756 60,000 (3,244)

45555 Swim Lesson Fee 0 0 2,000 2,000 2,250 2,250 1,000 500 0 0 0 0 10,000 10,000 0

45560 Massage Fee 4,422 1,000 2,000 2,000 2,000 2,000 2,000 3,000 2,000 2,000 3,000 2,000 27,422 25,000 2,422

45565 Guest Fees for Facilit 432 750 3,500 750 750 3,500 2,000 1,500 750 750 500 500 15,682 16,000 (318)

45570 Instruction Revenue 2,150 1,000 500 2,000 1,500 1,500 2,000 1,200 1,000 1,000 500 500 14,850 14,000 850

45575 Private Party/Room R 0 0 0 300 100 0 300 250 300 1,600 850 300 4,000 4,350 (350)

45580 Kids Camp 4,122 1,000 10,000 12,000 38,000 10,000 1,000 6,000 1,600 800 800 7,000 92,322 90,700 1,622

Total Operations Revenue $23,882 $6,750 $23,000 $21,050 $49,600 $20,250 $9,300 $27,450 $9,650 $9,150 $6,650 $14,300 $221,032 $220,050 $982

Food & Beverage Revenue

45800 Loan Payment Carryo 0 (7,634) (7,918) (7,951) (7,735) (8,017) (7,803) (8,083) (7,871) (7,905) (8,182) (7,974) (87,073) (94,927) 7,854

45845 Sales - Snack Bar Fo 0 50 0 50 1,200 5,000 5,000 3,000 1,500 50 0 150 16,000 16,000 0

45885 Sales - Alcohol 0 100 0 200 100 2,500 2,000 1,000 1,000 0 1,000 0 7,900 8,000 (100)

45925 Sales - Other, Non Al 2 100 100 100 150 1,000 2,000 1,000 300 100 50 50 4,952 5,000 (48)

Total Food & Beverage Revenue $2 ($7,384) ($7,818) ($7,601) ($6,285) $483 $1,197 ($3,083) ($5,071) ($7,755) ($7,132) ($7,774) ($58,221) ($65,927) $7,706

TOTAL REVENUE $170,224

$145,059 $161,853 $160,120 $189,987 $167,405 $157,169 $171,929 $152,140 $148,957 $147,080 $154,087 $1,926,010 $1,916,675 $9,335

EXPENSES

Cost of Sales

50005 COS - Snack Bar Sup 0 0 0 0 1,000 400 400 400 0 0 0 0 2,200 2,200 0

50010 COS - Food 0 0 0 1,500 2,000 2,000 2,000 2,000 1,500 0 0 0 11,000 11,000 0

Page 1 of


3

27




8290 ARVILLE STREET

Las Vegas NV 89139


50015 COS - Alcohol 0 200 200 200 200 500 500 800 200 0 200 0 3,000 3,200 200

50025 COS - Non Alcohol 0 50 100 200 500 1,000 1,000 1,000 250 100 100 100 4,400 4,500 100

Total Cost of Sales $0 $250 $300 $1,900 $3,700 $3,900 $3,900 $4,200 $1,950 $100 $300 $100 $20,600 $20,900 $300

Operations

77630 Massage Therapist Pa 4,247 2,000 2,500 2,800 3,000 1,500 1,500 2,500 2,200 2,500 2,500 1,000 28,247 25,000 (3,247)

77632 Fitness Instructors 6,274 8,000 6,000 8,500 7,000 9,500 10,500 8,000 8,000 9,000 7,000 6,000 93,774 95,000 1,226

77645 R/M - Fitness Supplie 192 1,200 1,100 1,500 1,200 1,200 1,300 2,500 1,200 3,000 800 500 15,692 16,000 308

72368 Activity Supplies 88 2,000 1,800 1,800 2,000 3,000 1,500 2,500 1,500 3,000 1,800 3,000 23,988 25,000 1,012

77707 Summer Camp 0 0 0 4,000 11,000 3,000 5,000 4,000 0 0 0 0 27,000 27,000 0

60005 P/R - Administrative 37,363 43,000 43,000 43,000 80,000 79,500 79,500 79,500 79,500 79,500 43,000 51,000 737,863 743,500 5,637

77110 Travel/Mileage Expen 339 400 700 600 600 300 600 600 300 400 400 900 6,139 6,000 (139)

77125 Recruitment/Employe 300 0 200 4,000 1,200 1,500 1,200 1,200 1,200 1,500 0 0 12,300 12,000 (300)

77290 Mobile Phones/Radios 555 450 450 450 450 450 450 450 450 450 450 450 5,505 5,400 (105)

Total Operations $49,358 $57,050 $55,750 $66,650 $106,450 $99,950 $101,550 $101,250 $94,350 $99,350 $55,950 $62,850 $950,508 $954,900 $4,392


77200 Management Fees 1,859 1,838 1,838 1,838 1,838 1,838 1,838 1,838 1,838 1,838 1,838 1,838 22,079 22,058 (21)

77230 Office Supplies 346 300 300 300 200 200 300 600 300 400 500 100 3,846 4,000 154

77270 Community Website & 255 200 300 300 200 300 200 300 3,000 2,500 1,800 700 10,055 10,000 (55)

72480 Contracted Services 8,948 11,000 11,000 11,000 11,000 12,000 10,000 12,000 11,000 11,000 13,000 9,595 131,543 132,595 1,052

75085 Patrol Service 559 317 317 317 317 317 317 317 317 317 317 317 4,043 3,800 (243)

78105 Ins - Liability & Prope 3,340 3,012 3,012 3,012 3,012 3,012 3,012 3,012 3,012 3,012 3,012 3,012 36,472 36,145 (328)

77015 Fees & Permits 0 300 2,500 1,500 500 700 1,800 1,000 1,000 100 0 0 9,400 12,000 2,600

77055 Town Square Assess 5,580 5,580 5,580 5,580 5,580 5,580 5,580 5,580 5,580 5,580 5,580 5,580 66,955 66,955 0

78005 Taxes - Real Propert 0 0 0 0 0 0 1,400 0 0 0 0 0 1,400 1,400 0

77530 Bank/Credit Card Ser 397 500 200 300 400 600 1,000 600 700 300 300 300 5,597 5,500 (97)

77750 Audit & Tax Service 0 0 6,200 0 0 0 2,800 0 0 0 0 0 9,000 9,000 0

77760 Legal Fees 0 0 0 250 0 0 250 0 0 250 0 0 750 1,000 250

77950 Depreciation Expense 20,680 22,264 22,264 22,264 22,264 22,264 22,264 22,264 22,264 22,264 22,264 22,264 265,583 267,166 1,584

Total General and Administrative $41,964 $45,310 $53,510 $46,660 $45,310 $46,810 $50,760 $47,510 $49,010 $47,560 $48,610 $43,705 $566,723 $571,619 $4,896

Building Expense

Page 2 of


3

28




8290 ARVILLE STREET

Las Vegas NV 89139


72425 Special Projects - TC 0 0 0 0 0 15,000 15,000 15,000 5,000 0 0 0 50,000 50,000 0

72440 R/M - Building 335 2,000 4,000 5,000 5,000 6,000 6,000 5,000 6,000 4,000 3,000 2,000 48,335 50,000 1,665

70005 L/S - Contract 650 625 625 625 625 625 625 625 625 625 625 625 7,525 7,500 (25)

72000 R/M - Maintenance Al 4,106 8,800 8,800 8,800 8,800 8,800 8,800 8,800 8,800 8,800 8,800 9,500 101,606 106,300 4,694

72010 R/M - Supplies, Small 0 600 150 1,000 300 200 150 700 150 200 0 150 3,600 4,000 400

76030 Complimentary Supplie 1,533 1,500 1,500 1,500 1,000 1,000 2,000 2,000 2,000 2,000 500 470 17,003 16,270 (733)

72200 R/M - Janitorial Suppl 0 1,000 1,000 1,000 1,000 1,000 1,200 1,200 800 1,000 1,000 800 11,000 12,000 1,000

72298 Pool/Spa - Chemicals 2,146 500 1,000 1,500 1,000 3,500 3,500 1,000 1,000 1,000 1,000 1,000 18,146 17,000 (1,146)

72300 Pool/Spa Service Con 0 200 200 500 600 1,000 1,000 500 200 200 200 200 4,800 5,000 200

72317 Pool - Utilities 1,917 1,500 1,500 1,500 1,500 1,500 500 1,000 1,000 1,000 1,000 2,000 15,917 15,500 (417)

74005 Electricity (3,133) 2,800 3,000 3,100 3,100 4,000 3,900 3,800 4,500 3,500 3,000 3,000 34,567 40,500 5,933

74065 Water 409 400 500 500 1,800 2,000 1,800 1,800 1,700 1,200 1,000 500 13,609 13,500 (109)

74070 Sewer & Waste Remo 1,779 500 500 500 500 500 500 1,500 1,500 1,500 1,500 300 11,079 10,000 (1,079)

74095 Gas 920 500 1,500 1,000 1,000 1,900 1,500 1,500 1,500 500 1,000 500 13,320 13,000 (320)

74125 Telephone 400 402 402 402 402 402 402 402 402 402 402 400 4,820 4,822 2

Total Building Expense $11,062 $21,327 $24,677 $26,927 $26,627 $47,427 $46,877 $44,827 $35,177 $25,927 $23,027 $21,445 $355,327 $365,392 $10,065

Club Loan

77900 Loan Interest - TCTC 7,788 7,832 7,548 7,515 7,731 7,449 7,663 7,383 7,595 7,561 7,284 7,492 90,840 90,664 (176)

Total Club Loan $7,788 $7,832 $7,548 $7,515 $7,731 $7,449 $7,663 $7,383 $7,595 $7,561 $7,284 $7,492 $90,840 $90,664 ($176)

TOTAL EXPENSES $110,172

$131,769 $141,785 $149,652 $189,818 $205,537 $210,750 $205,171 $188,082 $180,498 $135,171 $135,592 $1,983,998 $2,003,475 $19,477

EXCESS OF REVENUE/EXPENSES $60,051 $13,289 $20,068 $10,468 $168 ($38,132) ($53,582) ($33,242) ($35,942) ($31,542) $11,908 $18,495 ($57,988) ($86,800) $28,812

Page 3 of


3

29

03/19/2020 3:07:16 PM SOA Projected Statement of Revenue & Expenses - GatesSOME Somersett Owners Association


8290 ARVILLE STREET

Las Vegas NV 89139


REVENUE

40005 Assessments 47,112 47,196 47,196 47,196 47,196 47,196 47,196 47,196 47,196 47,196 47,196 47,196 566,268 566,352 (84)

40021 Bad Debt - Contra 0 (375) (375) (375) (375) (375) (375) (375) (375) (375) (375) (375) (4,125) (4,500) 375

45405 Gate Transmitters/Clic 225 200 650 350 350 525 725 450 350 550 350 0 4,725 4,700 25


TOTAL REVENUE $21,920 $21,604 $22,054 $21,754 $21,754 $21,929 $22,129 $21,854 $21,754 $21,954 $21,754 $21,404 $261,868 $261,552 $316

EXPENSES


77200 Management Fees 443 438 438 438 438 438 438 438 438 438 438 438 5,256 5,251 (5)

72480 Contracted Services 1,320 1,183 1,183 1,183 1,183 1,183 1,183 1,183 1,183 1,183 1,183 1,183 14,336 14,200 (137)

60005 P/R - Administrative 5,880 6,300 6,300 6,300 6,300 6,300 6,300 6,300 6,300 6,300 6,300 6,300 75,180 75,600 420

75085 Patrol Service 2,797 1,939 1,939 1,939 1,939 1,939 1,939 1,939 1,939 1,939 1,939 1,939 24,123 23,264 (859)

78105 Ins - Liability & Prope 698 629 629 629 629 629 629 629 629 629 629 629 7,620 7,552 (69)

77750 Audit & Tax Service 0 0 0 0 0 0 0 900 0 0 0 0 900 900 0

77760 Legal Fees 0 0 250 0 0 250 0 0 250 0 0 250 1,000 1,000 0

Total General and Administrative $11,138 $10,489 $10,739 $10,489 $10,489 $10,739 $10,489 $11,389 $10,739 $10,489 $10,489 $10,739 $128,416 $127,767 ($649)

Utilities

74005 Electricity 70 100 100 100 100 100 100 100 100 100 100 100 1,170 1,200 30

74125 Telephone 2,613 1,430 1,430 1,430 1,430 1,430 1,430 1,430 1,430 1,430 1,430 1,430 18,343 17,160 (1,183)

Total Utilities $2,683 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $1,530 $19,513 $18,360 ($1,153)

Maintenance

72000 R/M - Maintenance Al 4,106 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 4,400 5,025 53,131 53,425 294

72090 R/M - Snow Plowing 4,910 10,000 15,000 0 0 0 0 0 0 3,000 10,000 8,000 50,910 49,000 (1,910)

72220 Gate Maintenance 90 1,500 200 500 800 500 200 300 300 500 500 2,000 7,390 8,500 1,110

72225 Gate - Clickers 0 0 500 2,000 0 0 0 1,500 0 500 0 0 4,500 4,500 0

Total Maintenance $9,106 $15,900 $20,100 $6,900 $5,200 $4,900 $4,600 $6,200 $4,700 $8,400 $14,900 $15,025 $115,931 $115,425 ($506)

TOTAL EXPENSES $22,926 $27,919 $32,369 $18,919 $17,219 $17,169 $16,619 $19,119 $16,969 $20,419 $26,919 $27,294 $263,859 $261,552 ($2,307)

Page 1 of


2

30

03/19/2020 3:07:16 PM SOA Projected Statement of Revenue & Expenses - GatesSOME Somersett Owners Association


8290 ARVILLE STREET

Las Vegas NV 89139


EXCESS OF REVENUES/EXPENSES ($1,006) ($6,315) ($10,315) $2,835 $4,535 $4,760 $5,510 $2,735 $4,785 $1,535 ($5,165) ($5,890) ($1,991) $0 ($1,991)

Page 2 of


2

31

03/19/2020 3:09:44 PM SOA - Projected Statement of Revenue & Expenses - TownSquare



8290 ARVILLE STREET

Las Vegas NV 89139

Acct Description Jan Act Feb Bud Mar Bud Apr Bud May Bud Jun Bud Jul Bud Aug Bud Sep Bud Oct Bud Nov Bud Dec Bud Act/Bud Budget Variance2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020

REVENUE

40005 Assessments 8,601 9,375 9,375 9,375 9,375 9,375 9,375 9,375 9,375 9,375 9,375 9,375 111,730 112,505 (775)

TOTAL REVENUE $8,601 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $9,375 $111,730 $112,505 ($775)

EXPENSES


60005 P/R - Administrative 3,452 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 1,850 23,802 22,200 (1,602)

Total Payroll and Benefits $3,452 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $1,850 $23,802 $22,200 ($1,602)

Landscaping

70005 L/S - Contract 2,315 2,315 2,315 2,315 2,315 2,315 2,315 2,315 2,315 2,315 2,315 2,315 27,780 27,780 0

71005 L/S - Renovations/Im 0 0 0 500 500 500 500 500 500 0 0 0 3,000 3,000 0

71225 L/S - Irrigation 0 0 0 250 500 1,000 200 100 450 0 0 0 2,500 2,500 0

Total Landscaping $2,315 $2,315 $2,315 $3,065 $3,315 $3,815 $3,015 $2,915 $3,265 $2,315 $2,315 $2,315 $33,280 $33,280 $0


72090 R/M - Snow Plowing 2,038 8,000 8,000 0 0 0 0 0 0 0 8,000 1,000 27,038 35,000 7,962

72440 R/M - Building 0 0 0 300 500 100 100 500 0 0 250 250 2,000 2,000 0

72480 Contracted Services 0 0 100 100 100 200 500 100 100 100 100 100 1,500 1,500 0

Total Repairs and Maintenance $2,038 $8,000 $8,100 $400 $600 $300 $600 $600 $100 $100 $8,350 $1,350 $30,538 $38,500 $7,962

Administrative

77005 Bad Debt 0 0 3,455 0 0 3,455 0 0 3,455 0 0 3,455 13,820 13,820 0

77200 Management Fees 250 250 250 250 250 250 250 250 250 250 250 250 3,000 3,000 0

77230 Office Supplies 0 0 0 0 0 0 0 0 0 15 0 15 30 30 0

77260 Postage/Printing 0 0 0 0 0 0 0 0 0 40 0 135 175 175 0

77760 Legal Fees 0 125 125 125 125 125 125 125 125 125 125 125 1,375 1,500 125

Total Administrative $250 $375 $3,830 $375 $375 $3,830 $375 $375 $3,830 $430 $375 $3,980 $18,400 $18,525 $125

Page 1 of


2

32

03/19/2020 3:09:44 PM SOA - Projected Statement of Revenue & Expenses - TownSquare



8290 ARVILLE STREET

Las Vegas NV 89139

Acct Description Jan Act Feb Bud Mar Bud Apr Bud May Bud Jun Bud Jul Bud Aug Bud Sep Bud Oct Bud Nov Bud Dec Bud Act/Bud Budget Variance2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020 2020

TOTAL EXPENSES $8,055 $12,540 $16,095 $5,690 $6,140 $9,795 $5,840 $5,740 $9,045 $4,695 $12,890 $9,495 $106,020 $112,505 $6,485

EXCESS OF REVENUE/EXPENSES $546 ($3,165) ($6,720) $3,685 $3,235 ($420) $3,535 $3,635 $330 $4,680 ($3,515) ($120) $5,710 $0 $5,710

Page 2 of


2

33

Somersett Owners AssociationAnnual Operating Cash Flow Analysis

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2018 Total 1,410,131.73$ 2,876,835.45$ 2,131,134.30$ 2,048,885.52$ 1,503,612.49$ 1,662,230.49$ 1,778,044.00$ 1,769,574.59$ 1,605,521.31$ 1,609,304.79$ 1,498,544.59$ 1,457,551.01$

2019 Total 1,332,595.45$ 1,208,194.07$ 1,178,165.92$ 1,287,135.47$ 1,497,680.49$ 1,335,983.13$ 1,103,209.83$ 927,306.59$ 873,986.93$ 805,322.55$ 854,638.82$ 994,233.71$

2020 Total 1,304,221.61$

Less:

Homeowner Prepayments 521,464.86$

Deposits - Landscape & Other 199,845.00$

Capital Contributions 18,990.40$

2020 Unencumbered Cash 563,921.35$

$-

$500,000.00

$1,000,000.00

$1,500,000.00

$2,000,000.00

$2,500,000.00

$3,000,000.00

$3,500,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Operating Cash

2020 Unencumbered Cash 2017 Operating Cash 2018 Operating Cash 2019 Operating Cash

34

03/24/2020 7:39:30 pm soa balance sheet some somersett ... · 03/24/2020 7:39:30 pm soa balance...

Documents