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...
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%...
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...
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...
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...
March was another strong month financially for Lake Holiday. The Board of Directors, our GM Mike Goodwin, and the dedicated office staff continue to work diligently to collect delinquent dues, manage expenses, and keep our community financially sound. A few financial...
Fiscal Year 2018 is off to a good start! Total income is up 2.4 percent to $422,174 compared to the same period last year. On the negative side, delinquencies on assessments are up with assessment revenue being down 3.7 percent as compared to last year. Capitalization...