Ventana Lakes
Property Owners' Association
Financial Report
August 18, 2006
Note: There was no Board meeting and no
Financial Report in August.
This data is being provided as info only for continuity of financial reports.
| Ventana Lakes Property Owners Association | |||
| BALANCE SHEET | |||
| As Of 7-31-2006 | |||
| CURRENT ASSETS | |||
| OPERATING CASH | |||
| 102 | FNBAZ Operating | $ 319,803.99 | |
| 103 | FNBAZ Activity CHkg | $ 8,375.89 | |
| 110 | Petty Cash | $ 500.00 | |
| 111 | Petty Cash - Activity | $ 210.00 | |
| 116 | Due To/From Reserve | $ 17,419.66 | |
| TOTAL OPERATING CASH | $ 346,309.54 | ||
| OTHER ASSETS | |||
| 161 | Assessment Receivable | $ 23,202.17 | |
| 165 | Prepaid Income Tax | $ 1,002.00 | |
| TOTAL OTHER ASSETS | $ 24,204.17 | ||
| FIXED ASSETS | |||
| 150 | Building & Structures | $ 150,000.00 | |
| 151 | Vehicle Asset | $ 7,075.00 | |
| 152 | Office Furn & Computer Hwd | $ 29,376.66 | |
| 153 | Exercixe Equipment | $ 16,027.00 | |
| 159 | Accum Depreciation | $ (47,566.00) | |
| TOTAL FIXED ASSETS | $ 154,912.66 | ||
| RESERVE FUND | |||
| 120 | Money Market FNBAZ | $ 191,293.33 | |
| 121 | Amtrust CD 11-23-07 | $ 100,000.00 | |
| 122 | Bankone CD5681 M61815 5 | $ 112,308.88 | |
| 124 | WF Brokerage Mny Mkt | $ 274,504.95 | |
| 125 | USAA CD 3.54% 6-20-06 | $ - | |
| 126 | FNB CD 4.65% 1-30-08 | $ 76,692.23 | |
| 127 | FNB CD 4.65% 1-30-09 | $ 76,707.27 | |
| 128 | RSV FNBA CD 7-1-06 3.82 | $ - | |
| 129 | FND AZ CD 3.92% 7-27-06 | $ - | |
| 130 | Matrix 5YrCD 4928M10608 | $ 15,282.41 | |
| 132 | FNB CD 4.75% 1-30-10 | $ 76,726.08 | |
| 133 | WF Brokerage Invest | $ 208,000.00 | |
| 131 | Due To/From Operating | $ (17,419.66) | |
| TOTAL RESERVE FUND | $ 1,114,095.49 | ||
| GARDENS RESERVE | |||
| 171 | Gardens Reserve Mny Mkt | $ 42,388.04 | |
| 172 | World CD 2-13-07 | $ 20,623.03 | |
| TOTAL GARDENS RESERVE | $ 63,011.07 | ||
| TOTAL CURRENT ASSETS | $ 1,702,532.93 | ||
| LIABILITIES & FUND BALANCES | |||
| CURRENT LIABILITIES | |||
| 203 | Accrued P/R Taxes | $ 1,043.14 | |
| 205 | Prepaid Assessments | $ 8,108.99 | |
| 208 | Building Fund | $ 8,289.88 | |
| 210 | Refund Pool Keys | $ 28,415.00 | |
| 311 | Pool Const Deposite | $ 1,500.00 | |
| TOTAL LIABILITIES | $ 47,357.01 | ||
| EQUITY | |||
| RETAINED EARNINGS | $ 310,709.05 | ||
| GARDEN RESERVES | $ 63,011.07 | ||
| RESERVE FUND | $ 1,114,095.49 | ||
| GARDENS OPERATING | $ 42,584.89 | ||
| CURRENT YEAR SURPLUS / DEFICIT | $ 124,775.42 | ||
| TOTAL FUND BALANCE | $ 1,655,175.92 | ||
| TOTAL LIABILITIES AND | |||
| FUND BALANCES | $ 1,702,532.93 | ||