‘02/28/2009, (Ga6 Pare Condominium Association Page: 1 4:00 PM ‘Comparative Balance Shoot 02/28/2008, AML-Houston ‘5295 Hollister St. Houston TX 7040-6205 PRIOR “GURRENT - - du. eit a MONTH. 2.” MONTH, VARIANCE ASSETS OPERATING FUND 40100046 Operating Account Amegy 162213 412,920.09 84,874.01 (328,046.08) ‘TOTAL OPERATING FUND 412,920.09 84,874.01 (328,046.08) ACCOUNTS RECEIVABLE 12005 ‘AJR Beginning Balances 20,860.08 20,860.08 0.00 12100 ‘AIR Assessment 60,253.07, 61,601.45 1,348.38 12200 ‘AJR Spec Assessment 2571.25 1187443, (ea6.82) 12300 ‘AIR Late Fees! F.C. 3438.48 3.52038 81.90 12310 ‘AIR Admin Foo 30.52 30.52 0.00 12320, ‘AIR Bank Charges 36.50 36.50 0.00 12330 ‘AJR Biling Violations 50.00 50.00 0.00 12350 ‘AIR Insurance Deductible 27,815.98 24,862.71 (2,653.25) 32360 ‘AIR Logal Fees 10,397.26, 110,466.22 68.96 12365 ‘AR Maintenance (043.71 266.94 (es7 126,196.83 123,568.23 (2,627.60) OTHER ACCOUNTS RECEIVABLE 12850000 AIR Other 4,090.46 0.00 (4,090.46) 1,090.46 0.00 (1,090.46) INSURANCE CLAIMS 19150046 Insurance Claim Wir Omdg-Cm Area7iO7 7.92407 T9207 0.00 | 13200046 Insurance Giaim Wtr Dmg-U04401-06/07 (8,825.40) (81825.40) 0.00 413250048 Insurance Claim Wer Omg-U05706-1 0107 (8.27291) (8,272.81) 0.00 13300 046 Insurance Claim Hurricane IKE-09/08 (433:530.65) 117,808.84 318,721.84 ‘TOTAL INSURANCE CLAIMS (442,704.89) (126,983.05) 319,721.04 REPLACEMENT FUND 15000046 Reserve Account Amegy 162205, s01,719.47, 513,110.67 11,391.50 ‘TOTAL REPLACEMENT FUND. 501,719.17 513,110.67 41,391.50 PREPAID EXPENSES 116000 Prepaid Insurance 413,740.42 103,405.80, (10,340.62) ‘TOTAL PREPAID EXPENSES 113,748.42 103,405.80 (10,340.62) TOTAL ASSETS 712,968.08 697,976.66 (14,991.42) | |02/28/2009 [p46 Pare Condominium Assodation Page: 2) 4:00 PM ‘Comparative Balance Sheet. ‘0228/2009. AMI-Houston | 5295 Holster St | Houston TX 77040-6205 PRIOR ‘CURRENT | — MONTH, MONTH, VARIANCE | LIABILTES ‘ACCOUNTS PAYABLE 21000 ‘Accounts Payable PY 28,235.98 28,235.98 0.00 22330 Holiday Fund ‘100.00 100.00 0.00 22360 Prepaid Assessment 52,852.00 28,661.09 (24,190.91) 22410 ‘Security Deposits 34,690.00 35,190.00 ‘500.00 | 24000000 Loan From Reserve 118,000.00 13,000.00 (8,000.00) | 24000 010 Loan From Reserve insurance 103,405.80, (10,340.62; | TOTAL ACCOUNTS PAYABLE 247,624.40 208,592.87 (99,081.53) } | ‘TOTAL LIABILITIES: 247,624.40, 208,592.87 (39,031.53) | REPLACEMENT RESERVE 31100000 PY Reserve Contrib 199,448.52, 190,448.52 31150 000 Initial Contribution ‘55,026.68 95,026.68 31200000 CIY Contribution 174,166.74 190,000.08 31250 000 stv interest Income 63,337.25 63,355.27 31300000 —_Rsrv Closing Contrib: 22,559.99 22,559.99 31400 000 Loan To Operating (18,000.00) (13,000.00) 31400 020 Loan To Operating Insurance (013,746.42) 103,405.80) TOTAL REPLACEMENT RESERVES INCOME 382,792.76 413,984.74 31,191.98 | BANK LOAN 31500000 Bank Loan To Reserve 800,000.00 1,000,000.00 200,000.00 31550000 Loan Pmt - Principal (369,446.00) (376,028.70) (6,582.70) 31600 000 Loan Pmt- Interest (221,173.97) (223,491.27) (2,317.30) 31700 000 Loan Processing Fee (3,792.00) (3,792.00) 00 TOTAL BANK LOAN 205,588.03 396,688.03 191,100.00 REPLACEMENT RESERVE 31900040 Rple Rev- Cash Fiow Boiler (8,810.47) (8.81047) 0.00 31900050 plc Rev- Cash Flow Boiler #2 Replacormnt (4,425.00) (1,425.00) 0.00 31900 122 Rplc Rev - Cash Flow Consuling Fees (14,337.63) (16,837.63) (5,500.00) 31900 130 Rpic Rsv- Cash Flow Curtain Wall Consult (13,760.44) (13,780.44) 0.00 31900 183 Rie Rsv- Cash Flow Equipment - New 0.00 (2,442.12) (2,442.12) 31900 195 Rplc Rev- Cash Flow Ext WaterproofiPaint 150,000.00 150,000.00 0.00 31900215 Role Rev- Cash Flow Fire Alarm System 0.00 (3,280.43) (3,280.43) 31900 245 Role Rev- Cash Flow Furniture 40,206.25 40,206.25 0.00 31900275 Role Rev- Cash Flow Hallway Carpet 105,000.00 105,000.00 0.00 31900 285 Role Rev- Cash Flow Hallway PaintElec $50,000.00 50,000.00 0.00 31900 310 Role Rsv Cash Flow Hot Water Heater #3 12,000.00 42,000.00 0.00 31900315 Roc Rev- Cash Flow HVAC. (211,333.19) (202,166.53) 9,166.66 31900 365 _Rpic Rsv- Cash Flow Parking Lot Surface 25,000.00 25,000.00 0.00 31900 375 Ric Rev- Cash Flow Plumbing (12,500.00) (16,358.25) (3,858.25) 91900 379 Role Rsv- Cash Fiow Pool Cabanas 0.00 (4.254.00) (4,254.00) 34900 455 Rple Rsv - Cash Fiow Safety Systems (10,747.50) 0.00 10,747.50 91900468 Role Rsv- Cash Fiow Sprinkler System (25,072.60) (47,866.55) (12,793.75) 31900 480 Role Rev - Cash Flow Swimming Pool 0.00 (909.30) (909.30) 31900505 Role Rsv - Cash Flow Treadmills (541.24) (841.24) 0.00 31900520 Role Rsv - Cash Flow Waterproof Garage $5,000.00, 5,000.00 0.00 TOTAL REPLACEMENT RESERVES EXPENSE 81,657.98 68,534.29 (19,123.69) ‘TOTAL REPLACEMENT RESERVES 670,038.77 879,207.06 209,168.292282008 [b46 Pare Condominium Association Page: 3 4:00 PM. ‘Comparative Balance Sheet (02/28/2009, AM|-Houston 5296 Hollister St \ Houston TX. 704046205 “PRIOR: CURRENT MONTH MONTH VARIANCE | SPECIAL ASSESSMENT RESERVE 33000 150 Special Assessment Pipe Re-Lining (184,953.60) (407,984.95) (222,531.35) 33030 Prepaid Special Asmt 16,534.00 41,288.56 24,758.56, ‘TOTAL SPECIAL ASSESSMENT (168,319.60) (086,096.39) (197,776.79) | REPLACEMENT RESERVE GRAND TOTAL 501,710.17 513,110.67 11,391.50 FUND BALANCE 38000 Operating Surplus/Deficit Prior Year (6,272.20) (7,362.58) (1,090.46) Current Year Surplus (Defi) (30,103.39) (18'364.32) 413,739.07, ‘TOTAL FUND BALANCE, (26,375.49) (23,726.88) 12,648.61 ‘TOTAL EQUITY 485,343.68 489,383.79 24,040.11 TOTAL LIABILITIES & EQUITY 712,988.08 697,976.65 (14,901.42)