<p>CONTENTS
FINANCIAL
HIGHLIGHTS
BALANCE
SHEET
BANK
RECONCILIATIONS
OPERATING
STATEMENT
BANK STATEMENTS
CHECK
REGISTER
GENERAL
LEDGER
Driftwood Sands Condo Association, Inc.
2618 Gulf Boulevard
Indian Rocks Bch, FL 33785
FINANCIAL STATEMENT
7300 Park Street
Seminole, FL 33777
Telephone (727) 581-2662 Fax (727) 584-2118
Website: www.resourcepropertymgmt.com
FOR THE MONTH OF DECEMBER 2017
DELINQUENCY/ PREPAID
REPORT
RESOURCE PROPERTY MANAGEMENT
Y/ PREPAID
RESOURCE
PROPERTY MANAGEMENT
TO: Board of Directors, Driftwood Sands Condominium Association, Inc.
FROM: Bobbie Wycoff, Accounting Executive
RE: December 2017 Financial Highlights
Beginning
Ending
Balance
Balance
Operating Cash
76,452.69
$
71,946.43
$
Note: Includes BB&T money market.
Reserve Funds
423,268.70
$
433,659.34
$
Prior Month
Ending
Current Month
Ending
Delinquent Owner Fees
(25.00)
$
(25.00)
$
Prepaid Owner Fees
6,846.56
$
4,448.56
$
Actual
Monthly
Expenses
Budget
Variance
Maintenance and Repair
7,117.03
$
8,551.00
$
1,433.97
$
Utilities
8,312.20
$
6,118.00
$
(2,194.20)
$
Administrative
2,368.02
$
2,168.00
$
(200.02)
$
We have prepared your monthly financial statement and it is attached for your records. The financial
statements are prepared on a modified accrued basis. The following report highlights cash and expense
variances.
Note: Includes BOTO CD and Popular Bank money market.
Note: The delinquent balance represents all the delinquent owner fees which may include late fees
and accrued attorney collection fees.
Note: Under budget.
Note: Bi-monthly water, sewer and trash billing.
Note: Over budget due to holiday bonus, annual coupons and quarterly income tax payment.
5901 Sun Boulevard, Suite 103
St. Petersburg, FL 33715
(727) 864-0004
7300 Park Street
Seminole, FL 33777
(727) 581-2662
28100 US Hwy 19 N, Suite 205
Clearwater, FL 33761
(727) 796-5