SUNRISE MOUNTAIN VIEW ESTATES HOMEOWNERS ASSOCIATION, INC.

FINANCIAL STATEMENTS FOR THE PERIOD ENDING JUNE 30, 2017

The financial statements are prepared in accordance with the modified cash basis of accounting. With the exception of recording homeowner dues receivable, prepaid insurance, and deferred homeowner dues received in advance, revenues are recorded when received rather than when promised or earned, and expenses are recognized when cash is disbursed rather than when the obligation is incurred. The HOA Treasurer prepares monthly reports January through November. Reports are prepared primarily using QuickBooks software provided by HBL, and only using data provided by HBL. HBL CPAs will prepare December year-end reports just as it has in the past. The reports that follow are not audited. Following are the:

1. Balance Sheet 2. January – June, 2017 Statement of Revenues and Expenses 3. June, 2017 Statement of Revenues and Expenses 4. Changes in Fund Balance Report 5. January - June, 2017 Actual versus Prorated Budget Report 6. June, 2017 Actual versus Prorated Budget Report 7. January – June, 2017 Capital Expenditures Report 8. January – June, 2017 Operating Budget Dollars Remaining Report

Accrual Basis

Sunrise Mountain View Estates Homeowners AssociationBalance Sheet

As of June 30, 2017

CAP OPER TOTAL

ASSETS Current Assets Bank Accounts 100 BBVA Compass Checking 1,386.75 $1,386.75 101 Chase Bank Checking 58,408.25 $58,408.25 102 BBVA Compass Savings 249,126.16 0.00 $249,126.16 104 Chase Bank Money Market 31,833.05 $31,833.05 111 California First Natl Bank 188,805.88 $188,805.88 112 First Internet Bank of Indiana 25,119.56 $25,119.56 113 First Internet Bank of Indiana 6 month CD 75,066.89 $75,066.89 114 Bank of Internet Checking 126,002.41 $126,002.41 115 Bank of Internet Money Market 14,004.60 $14,004.60

Total Bank Accounts $512,998.93 $256,754.62 $769,753.55 Accounts Receivable 107 Accounts Receivable 1,200.00 $1,200.00

Total Accounts Receivable $0.00 $1,200.00 $1,200.00 Other Current Assets 120 Prepaid Expenses 4,956.90 $4,956.90

Total Other Current Assets $0.00 $4,956.90 $4,956.90

Total Current Assets $512,998.93 $262,911.52 $775,910.45

TOTAL ASSETS $512,998.93 $262,911.52 $775,910.45

LIABILITIES AND EQUITY Liabilities Current Liabilities Other Current Liabilities 210 Prepaid Homeowner Dues 163,725.00 $163,725.00

Total Other Current Liabilities $0.00 $163,725.00 $163,725.00

Total Current Liabilities $0.00 $163,725.00 $163,725.00

Total Liabilities $0.00 $163,725.00 $163,725.00 Equity 300 Fund Balance 451,658.16 83,628.70 $535,286.86 310 Transfers 74,000.00 -74,000.00 $0.00 Net Income -12,659.23 89,557.82 $76,898.59

Total Equity $512,998.93 $99,186.52 $612,185.45

TOTAL LIABILITIES AND EQUITY $512,998.93 $262,911.52 $775,910.45

Accrual Basis

Sunrise Mountain View Estates Homeowners AssociationStatement of Revenues and Expenses

January - June, 2017

CAP OPER TOTAL

Income 400 Homeowner Dues 220,150.00 $220,150.00 504 Interest Income 2,273.37 542.68 $2,816.05 550 Other Income 1,762.50 $1,762.50

Total Income $2,273.37 $222,455.18 $224,728.55

Gross Profit $2,273.37 $222,455.18 $224,728.55Expenses 1 North Pool $0.00 702 North Pool Maintenance 6,257.36 $6,257.36 703 North Pool and Spa Repairs 403.70 $403.70 704 North Pool Gas 12,465.84 $12,465.84 705 North Pool Water 2,982.26 $2,982.26 706 North Pool Electric 3,654.65 $3,654.65 722 North Pool Furn & Fixtures 3,039.78 $3,039.78 724 North Pool Security 537.50 $537.50 725 North Pool Other 782.42 $782.42

Total 1 North Pool 0.00 30,123.51 $30,123.51 2 South Pool $0.00 802 South Pool Maintenance 4,296.20 $4,296.20 803 South Pool & Spa Repairs 1,305.18 $1,305.18 804 South Pool Gas 4,635.97 $4,635.97 805 South Pool Water 1,292.83 $1,292.83 806 South Pool Electric 2,914.07 $2,914.07 824 South Pool Security 537.50 $537.50 825 South Pool Other 802.57 $802.57

Total 2 South Pool 0.00 15,784.32 $15,784.32 3 Common Area $0.00 905 Common Area Water 3,165.04 $3,165.04 906 Common Area Electric 431.53 $431.53 907 Common Area Telephone 653.68 $653.68 908 Common Area Trash Collection 24,855.48 $24,855.48 910 Landscaping Monthly 14,741.00 $14,741.00 911 Landscaping Extras 1,770.00 $1,770.00 912 Landscaping - Packrat Control 4,570.00 $4,570.00 914 Irrigation System Repairs 699.00 $699.00 915 Landscaping Subcontract 13,583.00 $13,583.00 916 Road Repairs and Maintenance 1,958.90 $1,958.90 917 Security 1,410.00 $1,410.00 919 Common Area Other 120.00 $120.00

Total 3 Common Area 0.00 67,957.63 $67,957.63 4 Clubhouse $0.00 920 Cleaning 3,307.00 $3,307.00

Total 4 Clubhouse 0.00 3,307.00 $3,307.00 5 General $0.00 923 Office Supplies 660.84 $660.84 924 Postage 405.34 $405.34 925 Printing 1,075.65 $1,075.65 926 Meeting Expense 402.65 $402.65 927 Admin Support 2,354.52 $2,354.52 928 Bank and Service Charges 2.37 $2.37 930 Insurance 2,633.83 $2,633.83 931 Accounting/Bookkeeping 3,620.00 $3,620.00 932 Legal 2,503.25 $2,503.25 933 Taxes 1,416.45 $1,416.45 934 Fees and Permits 250.00 $250.00 935 Other 400.00 $400.00

Total 5 General 0.00 15,724.90 $15,724.90 6 Capital Expenditures $0.00 995 Capital Expenses 14,932.60 $14,932.60

Total 6 Capital Expenditures 14,932.60 0.00 $14,932.60

Total Expenses $14,932.60 $132,897.36 $147,829.96

Net Operating Income $ -12,659.23 $89,557.82 $76,898.59

Net Income $ -12,659.23 $89,557.82 $76,898.59

Accrual Basis

Sunrise Mountain View Estates Homeowners AssociationStatement of Revenues and Expenses

June 2017

CAP OPER TOTAL

Income 400 Homeowner Dues 36,691.65 $36,691.65 504 Interest Income 382.84 18.28 $401.12

Total Income $382.84 $36,709.93 $37,092.77

Gross Profit $382.84 $36,709.93 $37,092.77Expenses 1 North Pool $0.00 702 North Pool Maintenance 2,470.47 $2,470.47 704 North Pool Gas 1,248.37 $1,248.37 705 North Pool Water 569.39 $569.39 706 North Pool Electric 642.27 $642.27 722 North Pool Furn & Fixtures 3,039.78 $3,039.78 724 North Pool Security 125.00 $125.00 725 North Pool Other 782.42 $782.42

Total 1 North Pool 0.00 8,877.70 $8,877.70 2 South Pool $0.00 802 South Pool Maintenance 749.43 $749.43 803 South Pool & Spa Repairs 1,305.18 $1,305.18 804 South Pool Gas 951.80 $951.80 805 South Pool Water 278.61 $278.61 806 South Pool Electric 519.00 $519.00 824 South Pool Security 125.00 $125.00 825 South Pool Other 802.57 $802.57

Total 2 South Pool 0.00 4,731.59 $4,731.59 3 Common Area $0.00 905 Common Area Water 607.55 $607.55 906 Common Area Electric 92.33 $92.33 907 Common Area Telephone 110.04 $110.04 908 Common Area Trash Collection 4,142.58 $4,142.58 910 Landscaping Monthly 2,452.00 $2,452.00 914 Irrigation System Repairs 68.00 $68.00

Total 3 Common Area 0.00 7,472.50 $7,472.50 4 Clubhouse $0.00 920 Cleaning 520.00 $520.00

Total 4 Clubhouse 0.00 520.00 $520.00 5 General $0.00 923 Office Supplies 25.66 $25.66 924 Postage 137.11 $137.11 925 Printing 235.45 $235.45 927 Admin Support 392.20 $392.20 928 Bank and Service Charges 2.37 $2.37 930 Insurance 646.77 $646.77 931 Accounting/Bookkeeping 500.00 $500.00 932 Legal 50.00 $50.00

Total 5 General 0.00 1,989.56 $1,989.56 6 Capital Expenditures $0.00 995 Capital Expenses 9,011.00 $9,011.00

Total 6 Capital Expenditures 9,011.00 0.00 $9,011.00

Total Expenses $9,011.00 $23,591.35 $32,602.35

Net Operating Income $ -8,628.16 $13,118.58 $4,490.42

Net Income $ -8,628.16 $13,118.58 $4,490.42

Capital Reserve Fund

OperatingFund Total

Fund Balance at Beginning of Period $451,658.16 $83,628.70 $535,286.86

TotalRevenues $2,273.37 $222,455.18 $224,728.55

OperatingExpenses ($132,897.36) ($132,897.36)

CapitalExpendituresPaidFromCapitalReserveFund

($14,932.60) ($14,932.60)

Transfers:

ContributionstoCapitalReserveFundfromOperatingFund

$74,000.00 ($74,000.00) $0.00

Reimbursement to Operating Fund for Capital Expenditures $0.00 $0.00 $0.00

FundBalanceattheEndofPeriod $512,998.93 $99,186.52 $612,185.45

SunriseMountainViewEstatesHomeonwersAssociation

ChangesinFundBalanceJanuary - June, 2017

Accrual Basis

Sunrise Mountain View Estates Homeowners AssociationJanuary - June, 2017 Actual versus Prorated Budget

Total

Actual Budget over Budget % of Budget

Income 400 Homeowner Dues 220,150.00 220,150.02 -0.02 100.00 % 504 Interest Income 2,816.05 2,250.00 566.05 125.16 % 550 Other Income 1,762.50 400.02 1,362.48 440.60 %

Total Income $224,728.55 $222,800.04 $1,928.51 100.87 %

Gross Profit $224,728.55 $222,800.04 $1,928.51 100.87 %Expenses 1 North Pool 702 North Pool Maintenance 6,257.36 4,999.98 1,257.38 125.15 % 703 North Pool and Spa Repairs 403.70 750.00 -346.30 53.83 % 704 North Pool Gas 12,465.84 10,999.98 1,465.86 113.33 % 705 North Pool Water 2,982.26 3,250.02 -267.76 91.76 % 706 North Pool Electric 3,654.65 4,000.02 -345.37 91.37 % 722 North Pool Furn & Fixtures 3,039.78 1,249.98 1,789.80 243.19 % 723 North Pool Tennis Ct Repairs 250.02 -250.02 724 North Pool Security 537.50 750.00 -212.50 71.67 % 725 North Pool Other 782.42 250.02 532.40 312.94 %

Total 1 North Pool 30,123.51 26,500.02 3,623.49 113.67 % 2 South Pool 802 South Pool Maintenance 4,296.20 4,000.02 296.18 107.40 % 803 South Pool & Spa Repairs 1,305.18 750.00 555.18 174.02 % 804 South Pool Gas 4,635.97 4,750.02 -114.05 97.60 % 805 South Pool Water 1,292.83 2,250.00 -957.17 57.46 % 806 South Pool Electric 2,914.07 3,150.00 -235.93 92.51 % 822 South Pool Furn & Fixtures 250.02 -250.02 823 South Pool Tennis Ct Repairs 250.02 -250.02 824 South Pool Security 537.50 750.00 -212.50 71.67 % 825 South Pool Other 802.57 250.02 552.55 321.00 %

Total 2 South Pool 15,784.32 16,400.10 -615.78 96.25 % 3 Common Area 905 Common Area Water 3,165.04 3,850.02 -684.98 82.21 % 906 Common Area Electric 431.53 349.98 81.55 123.30 % 907 Common Area Telephone 653.68 1,000.02 -346.34 65.37 % 908 Common Area Trash Collection 24,855.48 24,700.02 155.46 100.63 % 910 Landscaping Monthly 14,741.00 15,000.00 -259.00 98.27 % 911 Landscaping Extras 1,770.00 6,750.00 -4,980.00 26.22 % 912 Landscaping - Packrat Control 4,570.00 3,750.00 820.00 121.87 % 914 Irrigation System Repairs 699.00 1,249.98 -550.98 55.92 % 915 Landscaping Subcontract 13,583.00 12,499.98 1,083.02 108.66 % 916 Road Repairs and Maintenance 1,958.90 1,000.02 958.88 195.89 % 917 Security 1,410.00 3,499.98 -2,089.98 40.29 % 918 Sidewalk and Curb Repairs 1,500.00 -1,500.00 919 Common Area Other 120.00 1,000.02 -880.02 12.00 %

Total 3 Common Area 67,957.63 76,150.02 -8,192.39 89.24 % 4 Clubhouse 920 Cleaning 3,307.00 3,499.98 -192.98 94.49 % 921 Clubhouse Repairs/Maintenance 250.02 -250.02 922 Clubhouse Other 49.98 -49.98

Total 4 Clubhouse 3,307.00 3,799.98 -492.98 87.03 % 5 General 923 Office Supplies 660.84 375.00 285.84 176.22 % 924 Postage 405.34 499.98 -94.64 81.07 % 925 Printing 1,075.65 1,249.98 -174.33 86.05 % 926 Meeting Expense 402.65 499.98 -97.33 80.53 % 927 Admin Support 2,354.52 1,999.98 354.54 117.73 % 928 Bank and Service Charges 2.37 2.37 930 Insurance 2,633.83 2,850.00 -216.17 92.42 % 931 Accounting/Bookkeeping 3,620.00 4,375.02 -755.02 82.74 %

931 Accounting/Bookkeeping 3,620.00 4,375.02 -755.02 82.74 % 932 Legal 2,503.25 1,750.02 753.23 143.04 % 933 Taxes 1,416.45 250.02 1,166.43 566.53 % 934 Fees and Permits 250.00 250.02 -0.02 99.99 % 935 Other 400.00 750.00 -350.00 53.33 %

Total 5 General 15,724.90 14,850.00 874.90 105.89 % 6 Capital Expenditures 995 Capital Expenses 14,932.60 83,677.50 -68,744.90 17.85 %

Total 6 Capital Expenditures 14,932.60 83,677.50 -68,744.90 17.85 %

Total Expenses $147,829.96 $221,377.62 $ -73,547.66 66.78 %

Net Operating Income $76,898.59 $1,422.42 $75,476.17 5,406.18 %

Net Income $76,898.59 $1,422.42 $75,476.17 5,406.18 %

Accrual Basis

Sunrise Mountain View Estates Homeowners AssociationJune, 2017 Prorated Budget versus Actual

Total

Actual Budget over Budget % of Budget

Income 400 Homeowner Dues 36,691.65 36,691.67 -0.02 100.00 % 504 Interest Income 401.12 375.00 26.12 106.97 % 550 Other Income 66.67 -66.67

Total Income $37,092.77 $37,133.34 $ -40.57 99.89 %

Gross Profit $37,092.77 $37,133.34 $ -40.57 99.89 %Expenses 1 North Pool 702 North Pool Maintenance 2,470.47 833.33 1,637.14 296.46 % 703 North Pool and Spa Repairs 125.00 -125.00 704 North Pool Gas 1,248.37 1,833.33 -584.96 68.09 % 705 North Pool Water 569.39 541.67 27.72 105.12 % 706 North Pool Electric 642.27 666.67 -24.40 96.34 % 722 North Pool Furn & Fixtures 3,039.78 208.33 2,831.45 1,459.12 % 723 North Pool Tennis Ct Repairs 41.67 -41.67 724 North Pool Security 125.00 125.00 0.00 100.00 % 725 North Pool Other 782.42 41.67 740.75 1,877.66 %

Total 1 North Pool 8,877.70 4,416.67 4,461.03 201.00 % 2 South Pool 802 South Pool Maintenance 749.43 666.67 82.76 112.41 % 803 South Pool & Spa Repairs 1,305.18 125.00 1,180.18 1,044.14 % 804 South Pool Gas 951.80 791.67 160.13 120.23 % 805 South Pool Water 278.61 375.00 -96.39 74.30 % 806 South Pool Electric 519.00 525.00 -6.00 98.86 % 822 South Pool Furn & Fixtures 41.67 -41.67 823 South Pool Tennis Ct Repairs 41.67 -41.67 824 South Pool Security 125.00 125.00 0.00 100.00 % 825 South Pool Other 802.57 41.67 760.90 1,926.01 %

Total 2 South Pool 4,731.59 2,733.35 1,998.24 173.11 % 3 Common Area 905 Common Area Water 607.55 641.67 -34.12 94.68 % 906 Common Area Electric 92.33 58.33 34.00 158.29 % 907 Common Area Telephone 110.04 166.67 -56.63 66.02 % 908 Common Area Trash Collection 4,142.58 4,116.67 25.91 100.63 % 910 Landscaping Monthly 2,452.00 2,500.00 -48.00 98.08 % 911 Landscaping Extras 1,125.00 -1,125.00 912 Landscaping - Packrat Control 625.00 -625.00 914 Irrigation System Repairs 68.00 208.33 -140.33 32.64 % 915 Landscaping Subcontract 2,083.33 -2,083.33 916 Road Repairs and Maintenance 166.67 -166.67 917 Security 0.00 583.33 -583.33 0.00 % 918 Sidewalk and Curb Repairs 250.00 -250.00 919 Common Area Other 166.67 -166.67

Total 3 Common Area 7,472.50 12,691.67 -5,219.17 58.88 % 4 Clubhouse 920 Cleaning 520.00 583.33 -63.33 89.14 % 921 Clubhouse Repairs/Maintenance 41.67 -41.67 922 Clubhouse Other 8.33 -8.33

Total 4 Clubhouse 520.00 633.33 -113.33 82.11 % 5 General 923 Office Supplies 25.66 62.50 -36.84 41.06 % 924 Postage 137.11 83.33 53.78 164.54 % 925 Printing 235.45 208.33 27.12 113.02 % 926 Meeting Expense 83.33 -83.33 927 Admin Support 392.20 333.33 58.87 117.66 % 928 Bank and Service Charges 2.37 2.37 930 Insurance 646.77 475.00 171.77 136.16 % 931 Accounting/Bookkeeping 500.00 729.17 -229.17 68.57 %

931 Accounting/Bookkeeping 500.00 729.17 -229.17 68.57 % 932 Legal 50.00 291.67 -241.67 17.14 % 933 Taxes 41.67 -41.67 934 Fees and Permits 41.67 -41.67 935 Other 125.00 -125.00

Total 5 General 1,989.56 2,475.00 -485.44 80.39 % 6 Capital Expenditures 995 Capital Expenses 9,011.00 13,946.25 -4,935.25 64.61 %

Total 6 Capital Expenditures 9,011.00 13,946.25 -4,935.25 64.61 %

Total Expenses $32,602.35 $36,896.27 $ -4,293.92 88.36 %

Net Operating Income $4,490.42 $237.07 $4,253.35 1,894.13 %

Net Income $4,490.42 $237.07 $4,253.35 1,894.13 %

Month Year to Date Current Year % of Project to Date Project % of ProjectActual Actual Budget Budget Actual Budget Budget

Planned Expenses:

Reserve study components expected to be completed

-$ -$ 43,250.00$ 0% 16,810.00$ 60,250.00$ 28%1,509.00$ 2,457.00$ 93,000.00$ 3% 2,457.00$ 93,000.00$ 3%

287.00$ 506.00$ 21,500.00$ 2% 506.00$ 21,500.00$ 2%Total reserve study components 1,796.00$ 2,963.00$ 157,750.00$ 2% 19,773.00$ 174,750.00$ 11%

Reserve study components deferred until required

6,211.00$ 6,211.00$ 6,000.00$ 104% 6,211.00$ 6,000.00$ 104%-$ 4,242.00$ 3,605.00$ 118% 4,242.00$ 3,605.00$ 118%

Total deferred 6,211.00$ 10,453.00$ 9,605.00$ 109% 10,453.00$ 9,605.00$ 109%

Other Capital ExpensesTotal other capital expenses -$ -$ -$ 0% -$ -$ 0%

Total budgeted 8,007.00$ 13,416.00$ 167,355.00$ 8% 30,226.00$ 184,355.00$ 16%

Unplanned expenses:

Reserve study components1,004.00$ 1,517.00$ 50,350.00$ 3% 1,517.00$ 50,350.00$ 3%

Total unplanned reserve study 1,004.00$ 1,517.00$ 50,350.00$ 3% 1,517.00$ 50,350.00$ 3%

Total capital expenditures 9,011.00$ 14,933.00$ 217,705.00$ 7% 31,743.00$ 234,705.00$ 14%

Sunrise Mountain View Estates Homeowners AssociationCapital Expenditures Report

January - June, 2017

855.2 N Pool Heater #2 - 2017

207 Repave Via Sempreverde 2025 (about 23%)

215 Asphalt - Seal/Repair 2016201 Repave Paseo Otono 2020207 Repave Via Sempreverde 2025 (about 10%)

871 N Tennis Court - Resurface 2016

Actual BudgetActualoverBudget

Actualover/underBudget% 2017Budget

BudgetDollars

RemainingActual%0fBudget

%ofBudget

Remaining2016July-December

Income400HomeownerDues 220,150.00 220,150.02 -0.02 0.00% 440300.00 220150.00 50.00% 50.00% 220150.00504InterestIncome 542.68 225.00 317.68 141.19% 450.00 (92.68) 120.60% -20.60% 1112.53550OtherIncome 1,762.50 400.02 1,362.48 340.60% 800.00 (962.50) 220.31% -120.31% 615.00TotalIncome $222,455.18 $220,775.04 $1,680.14 0.76% $441,550.00 $219,094.82 50.38% 49.62% 221,877.53$Expenses1NorthPool702NorthPoolMaintenance 6,257.36 4,999.98 1,257.38 25.15% 10000.00 3742.64 62.57% 37.43% 4972.73703NorthPoolandSpaRepairs 403.70 750.00 -346.30 -46.17% 1500.00 1096.30 26.91% 73.09% 1485.18704NorthPoolGas 12,465.84 10,999.98 1,465.86 13.33% 22000.00 9534.16 56.66% 43.34% 3923.78705NorthPoolWater 2,982.26 3,250.02 -267.76 -8.24% 6500.00 3517.74 45.88% 54.12% 2955.06706NorthPoolElectric 3,654.65 4,000.02 -345.37 -8.63% 8000.00 4345.35 45.68% 54.32% 3314.91722NorthPoolFurn&Fixtures 3,039.78 1,249.98 1,789.80 143.19% 2500.00 (539.78) 121.59% -21.59% 0.00723NorthPoolTennisCtRepairs 250.02 -250.02 -100.00% 500.00 500.00 0.00% 100.00% 114.87724NorthPoolSecurity 537.50 750.00 -212.50 -28.33% 1500.00 962.50 35.83% 64.17% 768.75725NorthPoolOther 782.42 250.02 532.40 212.94% 500.00 (282.42) 156.48% -56.48% 20.15Total1NorthPool $30,123.51 $26,500.02 $3,623.49 13.67% $53,000.00 22,876.49$ 56.84% 43.16% 17,555.43$2SouthPool802SouthPoolMaintenance 4,296.20 4,000.02 296.18 7.40% 8000.00 3703.80 53.70% 46.30% 4553.92803SouthPool&SpaRepairs 1,305.18 750.00 555.18 74.02% 1500.00 194.82 87.01% 12.99% 359.52804SouthPoolGas 4,635.97 4,750.02 -114.05 -2.40% 9500.00 4864.03 48.80% 51.20% 2838.93805SouthPoolWater 1,292.83 2,250.00 -957.17 -42.54% 4500.00 3207.17 28.73% 71.27% 2568.64806SouthPoolElectric 2,914.07 3,150.00 -235.93 -7.49% 6300.00 3385.93 46.26% 53.74% 2450.15822SouthPoolFurn&Fixtures 250.02 -250.02 -100.00% 500.00 500.00 0.00% 100.00% 0.00823SouthPoolTennisCtRepairs 250.02 -250.02 -100.00% 500.00 500.00 0.00% 100.00% 114.87824SouthPoolSecurity 537.50 750.00 -212.50 -28.33% 1500.00 962.50 35.83% 64.17% 768.75825SouthPoolOther 802.57 250.02 552.55 221.00% 500.00 (302.57) 160.51% -60.51% 0.00Total2SouthPool $15,784.32 $16,400.10 -$615.78 -3.75% 32,800.00$ 17,015.68$ 48.12% 51.88% 13,654.78$3CommonArea905CommonAreaWater 3,165.04 3,850.02 -684.98 -17.79% 7700.00 4534.96 41.10% 58.90% 4525.87906CommonAreaElectric 431.53 349.98 81.55 23.30% 700.00 268.47 61.65% 38.35% 285.04907CommonAreaTelephone 653.68 1,000.02 -346.34 -34.63% 2000.00 1346.32 32.68% 67.32% 511.54908CommonAreaTrashCollection 24,855.48 24,700.02 155.46 0.63% 49400.00 24544.52 50.31% 49.69% 19919.65910LandscapingMonthly 14,741.00 15,000.00 -259.00 -1.73% 30000.00 15259.00 49.14% 50.86% 14701.00911LandscapingExtras 1,770.00 6,750.00 -4,980.00 -73.78% 13500.00 11730.00 13.11% 86.89% 9583.00912Landscaping-PackratControl 4,570.00 3,750.00 820.00 21.87% 7500.00 2930.00 60.93% 39.07% 3730.00914IrrigationSystemRepairs 699.00 1,249.98 -550.98 -44.08% 2500.00 1801.00 27.96% 72.04% 617.00915LandscapingSubcontract 13,583.00 12,499.98 1,083.02 8.66% 25000.00 11417.00 54.33% 45.67% 15513.85916RoadRepairsandMaintenance 1,958.90 1,000.02 958.88 95.89% 2000.00 41.10 97.95% 2.06% 734.23917Security 1,410.00 3,499.98 -2,089.98 -59.71% 3000.00 1590.00 47.00% 53.00% 3352.50918SidewalkandCurbRepairs 1,500.00 -1,500.00 -100.00% 7000.00 7000.00 0.00% 100.00% 4083.00919CommonAreaOther 120.00 1,000.02 -880.02 -88.00% 2000.00 1880.00 6.00% 94.00% 60.00Total3CommonArea $67,957.63 $76,150.02 -$8,192.39 -10.76% 152,300.00$ 84,342.37$ 44.62% 55.38% 77,616.68$4Clubhouse920Cleaning 3,307.00 3,499.98 -192.98 -5.51% 7000.00 3693.00 47.24% 52.76% 2365.00

921ClubhouseRepairs/Maintenance 250.02 -250.02 -100.00% 500.00 500.00 0.00% 100.00% 585.00922ClubhouseOther 49.98 -49.98 -100.00% 100.00 100.00 0.00% 100.00% 9.98Total4Clubhouse $3,307.00 $3,799.98 -$492.98 -12.97% 7,600.00$ 4,293.00$ 43.51% 56.49% 2,959.98$5General923OfficeSupplies 660.84 375.00 285.84 76.22% 750.00 89.16 88.11% 11.89% 361.72924Postage 405.34 499.98 -94.64 -18.93% 1000.00 594.66 40.53% 59.47% 223.38925Printing 1,075.65 1,249.98 -174.33 -13.95% 2500.00 1424.35 43.03% 56.97% 315.09926MeetingExpense 402.65 499.98 -97.33 -19.47% 1000.00 597.35 40.27% 59.74% 1653.08927AdminSupport 2,354.52 1,999.98 354.54 17.73% 4000.00 1645.48 58.86% 41.14% 0.00930Insurance 2,633.83 2,850.00 -216.17 -7.58% 5700.00 3066.17 46.21% 53.79% 2105.07931Accounting/Bookkeeping 3,620.00 4,375.02 -755.02 -17.26% 8750.00 5130.00 41.37% 58.63% 4500.00932Legal 2,503.25 1,750.02 753.23 43.04% 3500.00 996.75 71.52% 28.48% 975.00933Taxes 1,416.45 250.02 1,166.43 466.53% 500.00 (916.45) 283.29% -183.29% 27.84934FeesandPermits 250.00 250.02 -0.02 -0.01% 500.00 250.00 50.00% 50.00% 228.00935Other 402.37 750.00 -347.63 -46.35% 1500.00 1097.63 26.82% 73.18% -2.17Total5General $15,724.90 $14,850.00 $874.90 5.89% 29,700.00$ 13,975.10$ 52.95% 47.05% 10,387.01$TotalOperatingExpenses $132,897.36 $137,700.12 -$4,802.76 -3.49% $275,400.00 $142,502.64 48.26% 51.74% $122,173.88NetOperatingIncomeBeforeCapitalExpenditures $89,557.82 $83,074.92 $6,482.90 7.80% $166,150.00 $76,592.18 53.90% 46.10% $99,703.65

January - June, 2017 Actual Operating Net Income versus Prorated Operating Net Income Budget and Actual YTD Operating Net Income versus 2017 Budget with Budget Dollars Remaining

Sunrise Mountain View Estates Homeowners Association