Treasurer’s Report, January 2020

December Highlights: Total revenues for the period were $170,036, down 6% from November, and total revenues for FY19 were $2,229,917, roughly 1.5% under budget. Operating expenses for the period were $181,658. This was 27% over budget, however, expenditures for real...

Treasurer’s Report, August 2019

July Financial Highlights: Total revenues for the period were $188,413 and roughly 5% above budget. Through the month of July total revenue is 1% below budget. Operating expenses for the period were $153,457 an increase of 11% from June, however, expenses were 4%...

Treasurer’s Report, May 2019

April Financial Highlights Overall Lake Holiday’s financials continue to be in great shape.  Total revenue for the period was $195,535 roughly 2% above budget; however, homeowner delinquency rates remain elevated, and are still trending in the double digits.  This has...

Treasurer’s Report, March 2019

January Highlights A rough start to 2019 on the revenue side, delinquencies by homeowners hit a 12-month high at 16%. This resulted in assessment revenues coming in -$21,000 under budget. On the plus side, operating expenses were managed very well, total operating...

Treasurer’s Report, May 2018

April continued a strong 2018. On-time payment of assessments were the highest of the year! Capitalization fees on real-estate transactions also continued to come in well ahead of budget. A few financial highlights are outlined below: Income for the month of April...

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