STATEMENT OF INCOME AND CASH BALANCE

FOR THE YEAR ENDING DECEMBER 31, 2015

2015
JAN
BANK BAL 38,690.41
INCOME:
Reserved
Reserved
Maint Fee &
Attorney Fees Recovered
Reserved

FEB

MAR

APR

MAY

JUN

38,683.41

37,934.41

35,791.56

38,343.56

40,299.56

3,328.00

750.00

2,700.00

1,956.00

750.00

750.00

$ 2,700.00

$ 1,956.00

$
$ 3,328.00
EXPENSES:
Attorney Fees Expense $ (150.00)
Court Costs
Lawn maintenance
Snow Removal
$ (3,755.00)
General liability insurance
Electric
Water
Office Suppl/checks
Post office box rental
Postage
$
(98.00)
Taxes - pond
Michigan Annual DLEG Report
Bank service charges
Repair & maintenance office
Repair & maintenance landscaping
Donations - tent rental for block party
(7.00) $
(74.00)
Register of $
Website (www.altermattfarms.org)
Mileage Reimbursement
$
(7.00) $ (4,077.00)
37,934.41
BANK BAL 38,683.41

$
$

$ (2,755.00)

$
$

750.00

JUL

AUG

40,126.56

39,430.56

SEP

OCT

38,686.56

38,208.84

250.00

(500.00) $
(400.00)

250.00

(450.00)

(392.00) $

(51.00)

(98.00)

(98.00)

(5.00) $
(90.85)

(50.00)

$ (2,892.85) $ (148.00) $
35,791.56 38,343.56
40,299.56

(23.00) $

(5.00) $

DEC

38,508.84

300.00

(460.00) $ (272.00)

(84.00)

$ (205.72)
$ (150.00)
$
(923.00) $ (696.00) $ (994.00) $ (477.72) $
40,126.56
39,430.56
38,686.56 38,208.84
38,508.84

YTD

36,189.84

300.00

(42.00)
$

NOV

35,913.84

$
$

10,034.00
-

10,034.00

$
(600.00)
$
$ (259.00) $ (1,883.00)
$ (612.00)
$ (7,522.00)
$ (1,707.00)
$ (1,707.00)
$
$
$
(51.00)
$
(42.00)
$
(294.00)
$
$
$
$
$
$
$
(17.00) $
(265.00)
$
(296.57)
$
(150.00)
$ (2,319.00) $ (276.00) $ (12,810.57)
36,189.84
35,913.84 $ 35,913.84

Date
1/12/2015
1/12/2015
1/12/2015
2/2/2015
2/2/2015
2/4/2015
2/6/2015
2/12/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/17/2015
2/18/2015
2/27/2015
3/5/2015
3/16/2015
3/17/2015
3/19/2015

No.

Description
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
USPS
DEPOSIT
DEPOSIT
725 S&CLANDSCAPE:SNOWREMOVAL
DEPOSIT
726 ATTYFEELOT72
DEPOSIT
DEPOSIT
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAMACOMBCITYREGISTEROFMOUNTCL
VISAMACOMBCITYREGISTEROFMOUNTCL
USPS
GODADDYWEBORDER
DEPOSIT
VISAACSLANDRECORDS2149025000MN

Debit

Credit

$5.00
$1.00
$1.00
$98.00
$500.00
$550.00
$3,755.00
$750.00
$150.00
$1,350.00
$178.00
$5.00
$5.00
$1.00
$5.00
$5.00
$5.00
$1.00
$5.00
$1.00
$5.00
$1.00
$1.00
$5.00
$1.00
$14.00
$14.00
$42.00
$90.85
$750.00
$5.00

Balance
Debit
Credit
$38,690.41
$38,685.41
$38,684.41
$38,683.41
$7.00 $
$38,585.41
$39,085.41
$39,635.41
$35,880.41
$36,630.41
$36,480.41
$37,830.41
$38,008.41
$38,003.41
$37,998.41
$37,997.41
$37,992.41
$37,987.41
$37,982.41
$37,981.41
$37,976.41
$37,975.41
$37,970.41
$37,969.41
$37,968.41
$37,963.41
$37,962.41
$37,948.41
$37,934.41
$4,077.00
$3,328.00
$37,892.41
$37,801.56
$38,551.56
$38,546.56

3/27/2015
4/1/2015
4/1/2015
4/3/2015
4/6/2015
4/14/2015
4/14/2015
4/29/2015
4/29/2015
4/29/2015
4/29/2015
5/8/2015
5/11/2015
5/15/2015
6/2/2015
6/2/2015
6/5/2015
6/11/2015
6/11/2015
6/11/2015
6/15/2015
6/22/2015
6/22/2015
6/30/2015
6/30/2015
7/7/2015
7/10/2015
7/14/2015
7/17/2015
7/17/2015
7/17/2015
8/5/2015
8/24/2015

727 S&CLANDSCAPE:SNOWREMOVAL
DEPOSIT
DEPOSIT
USPS
VISAMACOMBCITYREGISTEROFMOUNTCL
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
DEPOSIT
DEPOSIT
DEPOSIT
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
728 TRUGREEN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
DEPOSIT
729 S&CLANDSCAPE:SNOWREMOVAL
730 S&CLANDSCAPE
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
732 MILEAGE&SUPPLY
731 S&CLANDSCAPE
USPS
733 TRUGREEN
734 TRUGREEN
VISAACSLANDRECORDS2149025000MN
VISAMACOMBCITYREGISTEROFMOUNTCL
736 ATTYFEE6Liens(2015) $75each

$2,755.00
$1,700.00
$1,000.00
$98.00
$28.00
$5.00
$1.00
$5.00
$5.00
$5.00
$1.00
$1,350.00
$256.00
$350.00
$5.00
$1.00
$160.00
$5.00
$5.00
$1.00
$750.00
$400.00
$340.00
$5.00
$1.00
$201.00
$272.00
$98.00
$80.00
$40.00
$5.00
$84.00
$450.00

$35,791.56
$2,892.85
$750.00
$37,491.56
$38,491.56
$38,393.56
$38,365.56
$38,360.56
$38,359.56
$38,354.56
$38,349.56
$38,344.56
$38,343.56
$148.00
$2,700.00
$39,693.56
$39,949.56
$40,299.56 $
$1,956.00
$40,294.56
$40,293.56
$40,133.56
$40,128.56
$40,123.56
$40,122.56
$40,872.56
$40,472.56
$40,132.56
$40,127.56
$40,126.56
$923.00
$750.00
$39,925.56
$39,653.56
$39,555.56
$39,475.56
$39,435.56
$39,430.56
$696.00 $
$39,346.56
$38,896.56

8/24/2015
8/27/2015
8/31/2015
9/18/2015
9/24/2015
10/9/2015
11/9/2015
11/13/2015
11/13/2015
12/14/2015
12/14/2015
12/14/2015
12/14/2015
12/14/2015
12/14/2015
12/15/2015
12/15/2015
12/15/2015
12/15/2015
Totals2015

737
735
738

741
739
740
742

DEPOSIT
TRUGREEN
S&CLANDSCAPE
S&CLANDSCAPE
GODADDY
DEPOSIT
CINCINATTIINSURANCE
S&CLANDSCAPE
S&CLANDSCAPE
TRUGREEN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN
VISAACSLANDRECORDS2149025000MN

$250.00
$120.00
$340.00
$272.00
$205.72
$300.00
$1,707.00
$272.00
$340.00
$259.00
$1.00
$1.00
$1.00
$1.00
$5.00
$1.00
$1.00
$1.00
$5.00
Debits
Credits
$12,810.57 $10,034.00

$39,146.56
$39,026.56
$38,686.56
$994.00
$250.00
$38,414.56
$38,208.84
$477.72 $
$38,508.84 $
$300.00
$36,801.84
$36,529.84
$36,189.84
$2,319.00 $
$35,930.84
$35,929.84
$35,928.84
$35,927.84
$35,926.84
$35,921.84
$35,920.84
$35,919.84
$35,918.84
$35,913.84
$276.00 $

ALTERMATT FARMS SUBDIVISION ASSOCIATION

BUDGET 2016
REVENUE:
Dues - Projected 167 Homes (of 173 Total) Paying @ $50
Voluntary Contribution Snow Removal (130 x $25) 75%
Recovery of Lien Charges & Past Year(s) dues & New Capita Contributions
Projected legal fees recovered pursuant to Sec. 28 Restrictive Covenants
Total revenue
EXPENSES:
Legal Fees (Projected)
Snow removal *
Lawn & Tree maintenance
General liability insurance & Officer Bonds
Electric
Water
Office supplies - checkbook, copies, etc.
Post office box rental
Postage (Actual)
Taxes - pond
Michigan Annual Report
Bank service charges
Repair maintenance Office
Repair & maintenance sprinklers
Register of Deeds (filing fees, search fees)
Macomb County Register of Deeds Liens (6 homes in 2015)
Website
Total expenses
Net Income/(Loss)
*Snow removal has not been included in budget 1999-2015, and may
be subject to a seperate assessment to continue to build the reserve for the
anticpated retention basin dredging cost.

$8,350.00
$3,250.00
$1,500.00
$600.00

$48.27
$18.79
$8.67
$3.47

61%
24%
11%
4%

$13,700.00

$79.19

100%

$600.00
$7,522.00
$1,883.00
$1,707.00
$0.00
$0.00
$250.00
$42.00
$294.00
$0.00
$40.00
$0.00
$0.00
$0.00
$285.00
$84.00
$201.00

$3.47
$43.48
$10.88
$9.87
$0.00
$0.00
$1.45
$0.24
$1.70
$0.00
$0.23
$0.00
$0.00
$0.00
$1.65
$0.49
$1.16

5%
58%
15%
13%
0%
0%
2%
0%
2%
0%
0%
0%
0%
0%
2%
1%
2%

$12,908.00

$74.61

100%

$792.00

$4.58

Actual 2015
Projected
Projected
Projected
Projected

Projected
Actual 2015
Actual 2015
Actual 2015
Projected
Projected
Projected
Actual 2015
Actual 2015
Projected
Projected
Projected
Projected
Projected
Actual 2015
Actual 2015
Actual 2015
Projected & Actual
Projected