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TWPOA Financial Summary    
  As of Aug 3, 2011 2011
 RECEIPTS    BUDGET
Interest (MM) 41.98 50.00
Late Fees 50.84  
Dues  26,378.67 26,520.00
Mowing   300.00
Seller's Pkgs. 100.00 500.00
Slip Assignment Auction 500.00  
4th July Food Sale 112.00 200.00
Cleats    
Performance Bond    
Gate Card Fee    
Other    
 Total Receipts  27,183.49  
     
 DISBURSEMENTS     
     
Insurance 2,412.00 2,700.00
Attorney Fees    600.00
Property Manager Fee 750.00 1,500.00
Board Expense 2,039.13 3,900.00
Mowing - Pavilion 445.00 1,300.00
Mowing - LOTS 60.00 425.00
Pavilion, Common area/Landscaping 809.55 5,000.00
Fence   2,000.00
Porta-Potti 252.00 400.00
News Letter   250.00
Electricity 300.01 600.00
Corp Fees, Fed & State Tax 536.00 650.00
Tax Preparation 200.00 250.00
Contributions-LACA Fireworks 100.00 100.00
Contributions-Other 200.00 200.00
Cleats & Hardware    
July 4th Parade 534.41 550.00
Reserve Study    
Performance Bond Refund    
Annual Reserve Contribution   7,120.00
Other 30.00  
Total 8,668.10 27,545.00
     
 OPERATING FUND     
2010 FUND YEAR END BALANCE 19,772.10  
ADD: RECEIPTS 27,183.49  
LESS: DISBURSEMENTS (8,668.10)  
TRANSFER IN FROM RESERVE    
TOTAL OPERATING FUND 38,287.49  
     
NON-OPERATING FUND    
CAPITAL/RESERVE FUND 2010 78,521.31  
Transfer from Operating Fund 2011    
Interest  1,072.74  
TRANSFER TO OPERATING FUND    
CAPITAL/RESERVE FUND: 79,594.05  
TOTAL FUNDS 117,881.54  
     
     
BANK ACCOUNTS    
Checking Account #1 393.76  
MONEY MARKET ACCOUNT  37,893.73  
CERTIFICATE OF DEPOSIT  79,594.05  
TOTAL 117,881.54  
     
BOAT SLIP FUND    
Balance from 12/31/10 ($4,090.58)  
Auction Income 500.00  
Director (Bobbish,Lear,Bolden) 1,300.00  
Balance ($2,290.58)  
     
 COMPLETION BOND ESCROW     
COMPLETION BONDS BALANCE 0.00  
Refund Lot     
Balance 0.00  

 

 

TWPOA PROPOSED 2011 BUDGET 
   As of 12/31/2010 2010 2011  
 RECEIPTS    BUDGET BUDGET  
Interest (MM) 33.79 100.00 50.00  
Late Fees 157.84      
Dues  28,490.00 28,860.00 26,520.00 Dues $340
Mowing   300.00 300.00  
Seller's Pkgs. 200.00 500.00 500.00  
Slip Assignment Auction 950.00      
4th July Food Sale 190.00 200.00 200.00  
Cleats 100.00      
Performance Bond 1,000.00      
Gate Card Fee        
 Total Receipts  31,121.63 29,960.00 27,570.00  
         
 DISBURSEMENTS         
         
Insurance 2,400.00 2,700.00 2,700.00  
Attorney Fees    600.00 600.00  
Property Manager Fee 1,500.00 1,500.00 1,500.00  
Board Expense 2,867.37 3,900.00 3,900.00  
Mowing - Pavilion 840.00 1,300.00 1,300.00  
Mowing - LOTS   425.00 425.00  
Pavilion, Common area/Landscaping 2,382.60 4,000.00 5,000.00  
Fence     2,000.00  
Porta-Potti 329.00 500.00 400.00  
News Letter   250.00 250.00  
Electricity 505.73 600.00 600.00  
Corp Fees, Fed & State Tax 644.00 900.00 650.00  
Tax Preparation 200.00 250.00 250.00  
Contributions-LACA Fireworks 100.00 100.00 100.00  
Contributions-Other   200.00 200.00  
Cleats & Hardware        
July 4th Parade 412.38 550.00 550.00  
Reserve Study 2,105.20 3,000.00    
Performance Bond Refund 1,000.00      
Annual Reserve Contribution 7,120.00 7,120.00 7,120.00  
Total 22,406.28 27,895.00 27,545.00  
         
 CASH RECONCILIATION         
 OPERATING FUND         
2009 FUND YEAR END BALANCE 11,056.75      
ADD: RECEIPTS 31,121.63      
LESS: DISBURSEMENTS (22,406.28)      
TRANSFER IN FROM RESERVE        
TOTAL OPERATING FUND 19,772.10      
         
NON-OPERATING FUND        
CAPITAL/RESERVE FUND 2009 69,555.32      
Transfer from Operating Fund 2010 7,120.00      
Interest  1,845.99      
TRANSFER TO OPERATING FUND        
CAPITAL/RESERVE FUND: 78,521.31      
TOTAL FUNDS 98,293.41      
         
         
BANK ACCOUNTS        
Checking Account 360.86      
MONEY MARKET ACCOUNT  19,411.24      
CERTIFICATE OF DEPOSIT  78,521.31      
TOTAL 98,293.41      
         
BOAT SLIP FUND        
Balance from 12/31/09 ($5,740.58)      
Auction Income 950.00      
Bolden/Bobbish Contribution 700.00      
Balance ($4,090.58)      
         
 COMPLETION BOND ESCROW         
COMPLETION BONDS BALANCE 1,000.00 Lot 6    
Refund Lot 6 (1,000.00)      
Balance 0.00      

 

 

TWPOA 2010 BUDGET
   As of 12/31/2010 2010
 RECEIPTS    BUDGET
Interest (MM) 33.79 100.00
Late Fees 157.84  
Dues  28,490.00 28,860.00
Mowing   300.00
Seller's Pkgs. 200.00 500.00
Slip Assignment Auction 950.00  
4th July Food Sale 190.00 200.00
Cleats 100.00  
Performance Bond 1,000.00  
Gate Card Fee    
 Total Receipts  31,121.63 29,960.00
     
     
 DISBURSEMENTS     
     
     
Insurance 2,400.00 2,700.00
Attorney Fees    600.00
Property Manager Fee 1,500.00 1,500.00
Board Expense 2,867.37 3,900.00
Mowing - Pavilion 840.00 1,300.00
Mowing - LOTS   425.00
Pavilion, Common area/Landscaping 2,382.60 4,000.00
Fence    
Porta-Potti 329.00 500.00
News Letter   250.00
Electricity 505.73 600.00
Corp Fees, Fed & State Tax 644.00 900.00
Tax Preparation 200.00 250.00
Contributions-LACA Fireworks 100.00 100.00
Contributions-Other   200.00
Cleats & Hardware    
July 4th Parade 412.38 550.00
Reserve Study 2,105.20 3,000.00
Performance Bond Refund 1,000.00  
Annual Reserve Contribution 7,120.00 7,120.00
Total 22,406.28 27,895.00
     
  page 1  
 CASH RECONCILIATION     
 OPERATING FUND     
2009 FUND YEAR END BALANCE 11,056.75  
ADD: RECEIPTS 31,121.63  
LESS: DISBURSEMENTS (22,406.28)  
TRANSFER IN FROM RESERVE    
TOTAL OPERATING FUND 19,772.10  
     
NON-OPERATING FUND    
CAPITAL/RESERVE FUND 2009 69,555.32  
Transfer from Operating Fund 2010 7,120.00  
Interest  1,845.99  
TRANSFER TO OPERATING FUND    
CAPITAL/RESERVE FUND: 78,521.31  
TOTAL FUNDS 98,293.41  
     
     
BANK ACCOUNTS    
Checking Account 360.86  
MONEY MARKET ACCOUNT  19,411.24  
CERTIFICATE OF DEPOSIT  78,521.31  
TOTAL 98,293.41  
     
BOAT SLIP FUND    
Balance from 12/31/09 ($5,740.58)  
Auction Income 950.00  
Bolden/Bobbish Contribution 700.00  
Balance ($4,090.58)  
     
 COMPLETION BOND ESCROW     
COMPLETION BONDS BALANCE 1,000.00 Lot 6
Refund Lot 6 (1,000.00)  
Balance 0.00  

 

TWPOA 2009 BUDGET
    As of 12/31/09 2009
RECEIPTS ACTUAL Budget
  Interest ( MM) 59.97 200.00
  Late Fees 83.22  
  Dues  28,490.00 28,860.00
  Mowing Lots 150.00 300.00
  Seller's Pkgs. 500.00 400.00
  Slip Assignment Auction 1,800.00  
  4th July Food Sale 210.00  
  Boat Cleat Sales 40.00  
       
  Other 25.00  
       
   Total Receipts  31,358.19 29,760.00
       
DISBURSMENTS    
  Insurance 2,384.00 2,600.00
  Attorney Fees    600.00
  Property Manager Fee 1,500.00 1,500.00
  Board Expense 3,791.70 3,900.00
  Mowing - Pavilion 950.00 1,000.00
  Mowing - LOTS   425.00
  Pavilion, Common area/landscaping 584.55 4,000.00
  Fence 3,903.26 3,900.00
  Porta-Potti 438.29 600.00
  News Letter   250.00
  Electicity 529.60 600.00
  Corp Fees, Fed & State Tax 779.00 900.00
  Tax Preparation 200.00 250.00
  Contribution-LACA Fireworks 100.00 100.00
  Contribution-Other   200.00
  Boat Cleats/hardware 257.40  
  Annual Meeting Expenses    
  Pinic-Other    
  July 4th 436.59 500.00
  Pavilon Roof    
  Boat Slip Reconfiguration 7,540.58 7,600.00
  Annual Reserve Contribution 7,120.00 7,379.00
   Total  30,514.97 36,304.00
     
CASH RECONCILIATION    
  Operating Fund 2008 Balance 10,213.53  
  Add: Receipts 31,358.19  
  Less Disbursements (30,514.97)  
  Add: Transfer from Reserve    
  Total Operating Fund 11,056.75  
       
  Non-Operating Funds    
  Capital/Reserve Fund 2008 Balance 60,366.71  
  Transfer from Operating Fund 2009 7,120.00  
  Interest 2,068.61  
       
  Total Non-Operating Funds 69,555.32  
  Total Funds 80,612.07  
     
BANK ACCOUNTS    
  Checking Account 443.14  
  MONEY MARKET ACCOUNT  17,733.61  
  CERTIFICATE OF DEPOSIT  62,435.32  
  TOTAL 80,612.07  
       
 COMPLETION BOND ESCROW     
  BONDS BROUGHT FORWARD 0.00  
  BONDS RECEIVED (07) 0.00  
  REFUNDS (07) 0.00  
  FORFEITURE 0.00  
  COMPLETION BONDS BALANCE 0  
     
BOAT SLIP FUND    
  Expenses (7,540.58)  
  Auction Income 1,800.00  
  Balance (5,740.58)  

 
TWPOA 2008 BUDGET
    As of 12/31/08 2008 2009
RECEIPTS ACTUAL BUDGET BUDGET
  Interest ( MM) 80.94 200.00 300.00
  Late Fees 52.72    
  Dues  28,860.00   28,860.00
  Mowing 150.00 28,860.00 300.00
  Seller's Pkgs. 400.00 750.00 400.00
  Other 661.00 400.00  
   Total Receipts  30,204.66 30,210.00 29,860.00
         
DISBURSMENTS      
  Insurance 2,367.00 2,500.00 2,600.00
  Attorney Fees    300.00 600.00
  Property Manager Fee 1,500.00 1,500.00 1,500.00
  Board Expense 3,238.38 3,800.00 3,900.00
  Mowing - Pavilion 1,200.00 850.00 1,000.00
  Mowing - LOTS 170.00 425.00 425.00
  Pavilion, Common area/landscaping 2,358.37 4,000.00 4,000.00
  Fence 3,497.40 3,900.00 3,900.00
  Porta-Potti 611.08 600.00 600.00
  News Letter   250.00 250.00
  Electicity 523.13 550.00 600.00
  Corp Fees, Fed & State Tax 848.00 400.00 900.00
  Tax Preparation 200.00 250.00 250.00
  Contribution-LACA Fireworks 100.00 100.00 100.00
  Contribution-Other 100.00 400.00 200.00
  Annual Meeting Expenses   100.00 100.00
  Pinic-Other   100.00 100.00
  July 4th 253.33 220.00 300.00
  Pavilon Roof 2,850.00 2,850.00  
  Boat Slip Reconfiguration     6,000.00
  Annual Reserve Contribution 9,087.00 9,087.00 7,379.00
   Total  28,903.69 32,182.00 34,704.00
       
CASH RECONCILIATION      
  Operating Fund 2007 Balance 8,912.56    
  Add: Receipts 30,204.66    
  Less Disbursements (28,903.69)    
  Add: Transfer from Reserve      
  Total Operating Fund 10,213.53    
         
  Non-Operating Funds      
  Capital/Reserve Fund 2007 Balance 48,855.67    
  Transfer from Operating Fund 2008 9,087.00    
  Interest 2,424.04    
         
  Total Non-Operating Funds 60,366.71    
  Total Funds 70,580.24    
       
BANK ACCOUNTS      
  Checking Account 220.11    
  MONEY MARKET ACCOUNT  9,993.42    
  CERTIFICATE OF DEPOSIT  60,366.71    
  TOTAL 70,580.24    
         
 COMPLETION BOND ESCROW       
  BONDS BROUGHT FORWARD 0.00    
  BONDS RECEIVED (07) 0.00    
  REFUNDS (07) 0.00    
  FORFEITURE 0.00    
  COMPLETION BONDS BALANCE 0    

 

TWPOA 2007 BUDGET
    As of 12/31/07 2007 Comments
RECEIPTS ACTUAL BUDGET  
  Interest (CDs and MM) 101.14 1,250.00  
  Late Fees 66.06    
  Gate Card      
  Dues  28,860.00 28,860.00  
  Mowing      
  Seller's Pkgs. 100.00 400.00  
  Other (Tax Refund) 787.00    
   Total Receipts  29,914.20 30,510.00  
         
DISBURSMENTS      
  Insurance 2,380.00 2,400.00  
  Attorney Fees  50.00 300.00  
  Property Manager Fee 1,500.00 1,500.00  
  Board Expense 3,986.99 4,000.00  
  Mowing - Pavilion 700.00 850.00  
  Mowing - LOTS 225.00    
  Pavillion, Common area/Landscaping 5,729.51 7,400.00  
  Porta-Potti 462.28 500.00  
  News Letter   250.00  
  Electicity 501.22 500.00  
  Corp Fees, Fed & State Tax 134.00 1,100.00  
  Tax Preparation 200.00 250.00  
  Contributions 200.00 300.00  
  Annual Meeting Expenses 24.07 100.00  
  Pinic-Other 79.46 100.00  
  July 4th 209.27 220.00  
  Redecking Expenses 5,960.86 6,000.00  
  Annual Reserve Contribution 9,087.00 9,087.00  
   Total  31,429.66 34,857.00  
       
CASH RECONCILIATION      
  Operating Funds 2006 5,182.33    
  Add: Receipts 29,914.20    
  Less Disbursements (31,429.66)    
  Add: Transfer from Reserve 5,245.69    
  Total Operating Fund 8,912.56    
         
  Non-Operating Funds      
  Capital/Reserve Fund  42,634.13    
  Transfer from Operating Fund 2007 9,087.00    
  Interest 2,380.23    
  Transfer to Operating Fund (5,245.69)    
  Total Non-Operating Funds 48,855.67    
  Total Funds 57,768.23    
       
BANK ACCOUNTS      
  Checking Account 186.80    
  MONEY MARKET ACCOUNT  8,725.76    
  CERTIFICATE OF DEPOSIT  48,855.67    
  TOTAL 57,768.23    
         
 COMPLETION BOND ESCROW       
  BONDS BROUGHT FORWARD 0.00    
  BONDS RECEIVED (07) 0.00    
  REFUNDS (07) 0.00    
  FORFEITURE 0.00    
  COMPLETION BONDS BALANCE 0    

 

TWPOA 2006 BUDGET
    As of 12/31/06 2006 Comments
RECEIPTS ACTUAL BUDGET Expenses through Check # 1750
  Interest (CDs and MM) 1,591.34 750.00  
  Lot 69 sale:  ($5,264.93)      
     Interest Lot 69  2,270.66   $3,862 total interest
     Dues Lot 69 2,294.27    
     Legal reimbursement Lot 69 700.00    
  Gate Card 50.00    
  Dues  24,966.40 24,640.00  
  Mowing 300.00    
  Seller's Pkgs. 400.00 400.00 Lot 5, 47, 69
  Other 131.28   Gift Cert
   Total Receipts  32,703.95 25,790.00  
         
DISBURSMENTS      
  Insurance 2,332.00 2,300.00 Liability and director policy
  Attorney Fees  143.75 600.00  
  Property Manager Fee 1,500.00 1,500.00  
  Board Expense 3,605.68 5,000.00 director's fee
  Mowing 3,850.00 750.00  
  Pavillion, Common area/Landscaping 2,342.48 2,500.00  
  Porta-Potti 422.69 600.00  
  News Letter 75.09 250.00  
  Electicity 475.01 500.00 street lights
  Corp Fees, Fed & State Tax 1,106.00 200.00 taxes, state corp com fee, real estate board fee
  Tax Preparation 200.00 200.00 anticipate same expense
  Contributions 300.00 300.00 donations to local charities
  Annual Meeting Expenses 10.74 100.00  
  Pinic-Other 32.52 100.00  
  Non Budge Items 86.40 500.00 Mowing lots and hospitality supplies
  Non Judicial Sale (lot 69) 1,239.17 1,250.00 budgeted but not spent in 2005
  Annual Reserve Contribution 9,087.00 9,087.00  
  Capital Expense (Redecking) 9,397.77    
   Total  36,206.30 25,737.00  
       
CASH RECONCILIATION      
  Operating Funds 2005 17,211.70    
  Add: Receipts 32,703.95    
  Less Disbursements (36,206.30)    
  Transfer to Reserves Apr 30 (2,271.18)    
  Transfer to Reserves Sep 17 (991.84)   CD Int May to Dec
  Transfer Lot 69 to Reserves (5,264.00)    
  Total Operating Fund 5,182.33    
         
  Non-Operating Funds      
  Capital/Reserve Fund (CD) 27,291.29   25,021.11 + 2,271.18
  Transfer from Operating Fund 2006 9,087.00    
  Transfer from Operating Fund-Interest 991.84   CD int May to Dec
  Transfer lot 69 receipts 5,264.00    
  Total Non-Operating Funds 42,634.13    
  Total Funds 47,816.46    
       
BANK ACCOUNTS      
  Checking Account 633.77    
  MONEY MARKET ACCOUNT  4,548.56    
  CERTIFICATE OF DEPOSIT  42,634.13    
  TOTAL 47,816.46    
         
 COMPLETION BOND ESCROW       
  BONDS BROUGHT FORWARD 3,000.00   lots 5, 39, 76
  BONDS RECEIVED (06) 0    
  REFUNDS (06) -3,000.00   lots 5, 39, 76
  FORFEITURE 0    
  COMPLETION BONDS BALANCE 0    

 

TWPOA 2005 Budget
     As of 12/31/2005 2005
 RECEIPTS    BUDGET
  Interest  745.46 560.00
  Gate Card 175.00  
  Completion Bonds    
  Dues  24,640.00 24,640.00
  Mowing 340.00  
  Seller's Pkgs. 1,000.00 400.00
  Performance Bond Forfeit 1,000.00  
   Total  27,900.46 25,600.00
 DISBURSMENTS     
  Insurance 2,379.00 2,300.00
  Attorney Fees    600.00
  Property Manager Fee 2,250.00 2,250.00
  Board Expense 2,304.20 5,000.00
  Mowing 9,730.00 9,500.00
  Pavillion, Common area/Landscaping 1,188.35 1,800.00
  Porta-Potti 543.42 500.00
  News Letter   250.00
  Electicity 452.39 468.00
  Corp Fees, Fed & State Tax 114.00 620.00
  Tax Preparation 200.00 200.00
  Contributions 100.00 300.00
  Annual Meeting Expenses 66.97 100.00
  Pinic-Other 35.33 100.00
  Non Budge Items 420.75 0.00
  Refund Completion Bonds    
  Reserve Study 1,507.00 1,000.00
  Non Judicial Sale (lot 69)   1,250.00
   Total  21,291.41 26,238.00
  Surplus/(deficit)   (638.00)
       
 CASH RECONCILIATION     
   OPERATING FUND     
  OPERATING FUNDS 2004  10,602.65  
  ADD: RECEIPTS 27,900.46  
  LESS: DISBURSEMENTS 21,291.41  
  TOTAL OPERATING FUND 17,211.70  
       
  NON-OPERATING FUND    
  CAPITAL FUND (CD) 25,020.11  
  TOTAL FUNDS 42,231.81  
       
  OPERATING FUND ANALYSIS    
  TOTAL OPERATING FUND   17,211.70
  LESS:  2005 BUDGET REMAINING   (4,946.59)
  LESS:  RESERVE FOR MOWING   (3,500.00)
  SURPLUS AVAILABLE   8,765.11
       
BANK ACCOUNTS    
  Checking Account 1,598.07  
  CD Int Savings Account 735.60  
  MONEY MARKET ACCOUNT  13,665.27  
  CERTIFICATE OF DEPOSIT  26,232.87  
  TOTAL 42,231.81  
       
 COMPLETION BOND ESCROW     
  BONDS BROUGHT FORWARD 5,000.00 lots 23, 39, 65, 64, 5
  BONDS RECEIVED (05) 1,000.00 lot 76
  REFUNDS (05) (2,000.00) lot 64 and 23
  FORFEITURE (1,000.00) What Lot???
  COMPLETION BONDS BALANCE 3,000.00  

 

TWPOA 2004 Budget
 RECEIPTS 

As of 12/31/04

BUDGET
  Interest  612.78 560
  Gate Card 100  
  Completion Bonds 4,000.00  
  Dues  24,640.00 24,960.00
  Mowing 85  
  Seller's Pkgs. 1,000.00 400
 

 Total 

 $30,437.78 $25,920.00
       
 DISBURSMENTS     
  Insurance 2,264.00 2,300.00
  Attorney Fees  1,951.10 600
  Property Manager Fee 979.63 1,500.00
  Board Expense 4,060.43 5,000.00
  Mowing 6,495.00 8,000.00
  Pavillion, Common area/Landscaping 819.49 2,000.00
  Porta-Potti 476.47 385
  News Letter 288.65 400
  Electicity 411.88 450
  Corp Fees, Fed & State Tax 514 500
  Tax Preparation 195 200
  Contributions 350 400
  Annual Meeting Expenses   100
  Pinic-Other 94.43 400
  Non Budge Items 72 0
  Refund Completion Bonds 2,000.00  
 

 Total 

 $20,972.08 $22,235.00
     
 CASH RECONCILIATION     
  CAPITAL FUNDS (CD) BROUGHT FORWARD 25,000.00  
  COMPLETION BONDS BROUGHT FORWARD 3,000.00  
  OPERATING FUNDS BROUGHT FORWARD  3,145.91  
Subtotal FUNDS BROUGHT FORWARD FROM 2003 31,145.91  
  ADD: RECEIPTS 30,437.78  
  LESS: DISBURSEMENTS -20,972.08  
 

TOTAL

 $40,611.61  
       
 BANK ACCOUNTS     
  CHECKING ACCOUNT  383.35  
  CD Int Savings Account 361.87  
  MONEY MARKET ACCOUNT  14,857.43  
  CERTIFICATE OF DEPOSIT  25,008.96  
 

TOTAL

 $40,611.61  
       
 NON-OPERATING FUNDS     
  CAPITAL FUND 25,008.96  
  COMPLETION BONDS HELD IN ESCROW 5,000.00  

OPERATING FUNDS as of Dec 31, 2004

 $10,602.65