Willow Pointe HOA, INC
Balance Sheet
July 31, 2009
ASSETS
Checking Prosperity $ 6,078.47
Temp Transfer Prosperity M/M $15,000.00
Temp Transfer Countrywide M/M $70,000.00
Reserves
Prosperity M/M $ 26,870.36
Smith Barney $146,191.04
Countrywide M/M $ 50,261.48
Total Reserves $223,322.88
Accounts Receivable
2008 Owner Assessments $ 766.17
2009 Owner Assessments $ 9,700.10
A/R Collection Fees $ 489.40
A/R Lawn Fees $ 119.10
A/R Late charges $ 290.92
A/R Legal fees $12,391.50
A/R Opening balance $19,391.50
A/R Other $ 150.00
$ 43,298.69
Total Assets $357,700.04
Pre-paid insurance $ 550.66
Total other assets $ 550.66
Total Assets $358,250.70
LIABILITIES AND MEMBER’S EQUITY
Current Liabilities
Prepaid-HOA Fees $ 468.60
Total Liabilities $ 468.60
Reserves
Beginning balance $ 218,371.60
2009 Reserves $ 2,834.00
Interest income $ 2,167.28
Bank Charges $ -50.00
Total Reserves $223,322.88
Member Capital
Prior Years equity $ 72,159.42
Accrual basis equity $ 42,830.09
Total homeowners capital $ 114,989.51
YTD excess/deficit $ 19,469.71
Total member’s equity $ 134,459.22
TOTAL LIABILITIES AND MEMBER’S EQUITY $ 358,250.70