Westbrooke Patio Homes Treasurers Report

Board Meeting 3/17/2011

Amounts as of 2/28/2011

Asset Summary:

Cash on Hand

Citizens Checking- Fire Account 758

Citizens Checking 62,814
Citizens Savings 709
Aperiprise Savings 210,073
RR- Amerprise Savings 1,570,919
RR- Amerprise Savings (Pool) 373,791
RR- Amerprise Savings (Siding) 100,024
Total Cash 2,319,089

Accounts Receivable 53,541

Other Current Assets 71,250

Fixed Assets 56,050

Long Term Investments

RR- Treasury Notes -

Total Assets (as of 2/28/11): 2,499,929

 Westbrooke Patio Homes Treasurers Report
Board Meeting 3/17/2011
Amounts as of 2/28/2011

Income Summary:

Current Month 2011 YTD Notes

Actual Budget Var b/(w) Actual Budget Var b/(w)

Income: 102,501 101,186 1,315 203,849 202,312 1,537

Expense: (56,876) (77,988) 21,112 (135,491) (137,697) 2,206

Other: (24,321) (21,967) (2,354) (62,456) (43,933) (18,523)

Net Income: 21,304 1,231 20,073 5,902 20,682 (14,780)

Expenses by Category:

Current Month 2011 YTD Notes

Actual Budget Var b/(w) Actual Budget Var b/(w)

Administrative 13,366 14,454 1,088 29,660 28,210 (1,450)

Insurance 10,091 11,132 1,041 27,922 20,690 (7,232)
Legal - 600 600 (1,234) 1,200 2,434
Utilities 14,202 15,209 1,007 28,198 27,771 (427)
Building Maintenance 109 1,498 1,389 515 2,726 2,211
Common Area Maintenance 9,734 15,097 5,363 21,236 30,512 9,276
Grounds Maintenance 9,570 19,998 10,428 28,637 26,588 (2,049)
Program Replacement (140) - 140 (140) - 140
Replacement Reserve (56) - 56 670 - (670)
 Westbrooke Patio Homes Treasurers Report
Board Meeting 3/17/2011
Amounts as of 2/28/2011

Expense Breakout:

Current Month YTD Budget

Administrative 13,366 29,660 188,460

Insurance 10,091 27,922 135,754
Legal - (1,234) 9,200
Utilities 14,202 28,198 159,920
Building Maintenance 109 515 91,010
Common Area Maintenance 9,734 21,236 227,065
Grounds Maintenance 9,570 28,637 68,377
Program Replacement (140) (140) 70,500
Replacement Reserve (56) 670 -

Current Month 2011 Budget

2011 YTD

Program Replacement Replacement Reserve Program Replacement Replacement Reserve Program Replacement
0% 0% 0% 0% 7%
Grounds Maintenance Grounds Maintenance
Grounds Maintenance 7%
17% 21%
Administrative
Administrative Administrative 20%
23% 21%

Insurance
Common Area Maintenance
Common Area Maintenance 14%
17% Insurance Insurance 24%
18% Common Area Maintenance 20%
15%
Building Maintenance
0% Building Maintenance Legal
0% Utilities 1%
Utilities Utilities 17%
25% 20%
Legal Building Maintenance
1% 10%