Pavilion Condo Analysis Budget 2019 jan 1 26 2019 vs dec 31 2019

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27
A B C D E F G H
Row GL Code Category Budget 2018 ANNUAL Budget 2019 ANNUAL VARIANCE PERCENTAGE NOTES
40000 Owner Assessment 3,200,422$ 3,200,422$ -$ 0.00%
5 Reserve Income 4,913,703$
6 40004 Special Assessment Fees 1,764,000$ 1,764,000$ -$ 0.00% A
7 40011 Late Fee Income 4,200$ 4,200$ -$ 0.00%
8 Legal Fee Income -$ -$ -$
9 40020 Holiday Fund -$
10 40025 Returned Check Fees -$ -$ -$
11 40030 Screening Fees -$ -$ -$
12 40033 Parking Income 46,000$ 46,000$ -$ 0.00%
13 Moving Fees -$
14 40045 Transfer Fees -$
15 40055 Vending Machine -$ -$ -$ B
16 40060 Gate/Key Cards 2,650$ 2,650$ -$ 0.00%
17 40065 Violation Fees 1,000$ 1,000$ -$ 0.00%
18 40068 Key FOB income 8,000$ 8,000$ -$ 0.00%
19 Late Fee Interest -$
20 40080 Interest Income -$
21 Reserve Interest -$
22 40082 Special Assessment Interest -$
23 40085 Recovery of Bad Debt 50,000$ 53,500$ 3,500$ 7.00%
24 40090 Miscellaneous Income 24,000$ 24,000$ -$ 0.00%
25 Prior Yrs Srp/(def) -$
26 41000 Rental Income -$ -$ -$
27 Recreation Room Usage -$
REVENUE
PAVILION CONDOMINIUM ASSOCIATION OF MIAMI BEACH, INC.
28
29
30
31
32
33
28 41005 Storage Income 48,600$ 48,600$ -$ 0.00%
29 41010 House Chargers 12,000$ 12,000$ -$ 0.00%
30 Restaurant/Bar Inc -$
31 41038 Association Owned Units 20,400$ 20,400$ -$ 0.00%
32 Cable Income -$ -$
33 TOTAL REVENUES 5,181,272$ 10,098,475$ 4,917,203$ 48.69%

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A B C D E F G H
Row GL Code Category Budget 2018 ANNUAL Budget 2019 ANNUAL VARIANCE PERCENTAGE NOTES
PAVILION CONDOMINIUM ASSOCIATION OF MIAMI BEACH, INC.
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
34 -$
35
36 ADMINISTRATIVE -$
37 50005 Accounting Fees 5,000$ 5,000$ -$
38 50015 Bank Charges 1,000$ 1,000$ -$
39 50045 00 Legal Fees 30,000$ 40,000$ 10,000$ 33.33% C
40 50045 04 Legal Fees - Collections 12,000$ 6,500$ (5,500)$ -45.83%
41 50045 24 Legal Fees - Violations -$ 3,000$ 3,000$ 100.00%
42 50048 Bureau of Condominium Dues 3,264$ 3,264$ -$ 0.00%
43 50050 00 License, taxes, Permit Fees 3,000$ 4,800$ 1,800$ 60.00%
44 50050 00 License, taxes, Permit Fees Payable to State 1,800$ -$ (1,800)$ -100.00%
45 50050 45A License, taxes, Permit Fees POOL -$ 200$ 200$ 100.00%
46 50065 Office Equipment 3,500$ 5,000$ 1,500$ 42.86%
47 50075 Office Supplies 6,000$ 6,000$ -$ 0.00%
48 Courier Service -$ -$ -$ `
49 50081 Printing and Postage 3,000$ 9,000$ 6,000$ 200.00%
50 50100 Screening Fees 1,800$ 1,800$ -$ 0.00%
51 50101 Interest Expense -$ 7,000$ 7,000$ 100.00%
52 50105 Property Taxes -$ 8,500$ 8,500$
53 Coupon Charge -$ -$ -$
54 50122 Prior Year Deficit 470,000$ 120,000$ (350,000)$ -74.47% D
55 50130 Maintenance Fee Exp -$ -$ -$
56 TOTAL ADMINISTRATIVE CHARGES 540,364$ 221,064$ (319,300)$ -59.09%
57 -$
58 PROPERTY INSURANCE -$
EXPENSES
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59 52030 Multiperil Insurance 450,000$ 450,000$ -$ 0.00%
60 TOTAL PROPERTY INSURANCE 450,000$ 450,000$ -$
61 -$
62 UTILITIES -$
63 54050 00 electricity 250,000$ 265,000$ 15,000$ 6.00%
64 54070 00 Water & Sewer 350,000$ 385,000$ 35,000$ 10.00%
65 54080 Gas/Fuel Oil 58,000$ 66,500$ 8,500$ 14.66%
66 54100 00 Telephone 12,500$ 21,500$ 9,000$ 72.00% E
67 TOTAL UTILITIES 670,500$ 738,000$ 67,500$ 10.07%
68 -$
69 CONTRACTS -$
70 60005 Air Conditioning 18,000$ 18,000$ -$ 0.00%
71 60013 Cable Television 255,000$ 270,000$ 15,000$ 5.88%
72 60035 Elevator Contract 18,000$ 21,000$ 3,000$ 16.67%
73 60050 Fire Alarm System 10,600$ 10,600$ -$ 0.00%
74 60065 Access Control 4,500$ 3,500$ (1,000)$ -22.22%
75 60070 Emergency Generator 3,000$ 3,000$ -$ 0.00%
76 60072 Gymnasyum Maintenance 2,400$ 2,443$ 43$ 1.79%
77 60075 Janatorial Services 120,000$ -$ (120,000)$ -100.00% F
78 60090 Lawn Maintenance 9,600$ 9,600$ -$ 0.00%
79 61000 Management Services 87,156$ 89,156$ 2,000$ 2.29%

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A B C D E F G H
Row GL Code Category Budget 2018 ANNUAL Budget 2019 ANNUAL VARIANCE PERCENTAGE NOTES
PAVILION CONDOMINIUM ASSOCIATION OF MIAMI BEACH, INC.
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
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100
101
102
103
104
80 61010 Pest Control 6,000$ 6,000$ -$ 0.00%
81 61020 Pool/Spa Contract 6,000$ 8,500$ 2,500$ 41.67%
82 61-45 00 Security Services 293,000$ 293,000$ -$ 0.00%
83 61055 Trash Removal 47,712$ 58,000$ 10,288$ 21.56%
84 61060 Uniform Contract 6,032$ 4,500$ (1,532)$ -25.40%
85 61065 Valet Services 250,000$ 250,000$ -$ 0.00%
86 61070 Water Treatment 5,724$ 5,724$ -$ 0.00%
87 TOTAL CONTRACTS 1,142,724$ 1,053,023$ (89,701)$ -7.85%
88 -$
89 SALARIES &BENEFITS -$
90 65000 01 Manager 107,000$ 120,000$ 13,000$ 12.15% G
91 65000 02 Maintenance 190,500$ 190,500$ -$ 0.00%
92 65000 05 Janitorial 120,000$ 100.00% H
93 65000 11 Admin 47,000$ 47,000$ -$ 0.00%
94 65000 12 Asst Mgr 58,000$ 58,000$ -$ 0.00%
95 65000 32 Front Desk -$ -$ -$ 0.00%
96 65040 Medical/Dental Insurance 48,384$ 48,384$ -$ 0.00%
97 65050 Work Comp 13,660$ 13,660$ -$ 0.00%
98 65060 Payroll Process Fees 3,240$ 3,240$ -$ 0.00%
99 65065 00 Payroll Taxes 57,000$ 57,000$ -$ 0.00%
100 TOTAL SALARIES & BENEFITS 524,784$ 657,784$ 133,000$ 25.34% I
101 -$
102 REPAIRS/MAINTENANCE -$
103 70020 Boiler 6,500$ 9,500$ 3,000$ 46.15%
104 70025 Building 8,000$ 100,000$ 92,000$ 1150.00% J
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105 70040 elevator 3,000$ 15,000$ 12,000$ 400.00% K
106 70043 40 Lighting -$ 1,000$ 1,000$ 100.00%
107 70045 electrical 3,000$ 15,000$ 12,000$ 400.00% L
108 70060 General 12,000$ 20,000$ 8,000$ 66.67% M
109 70075 Maint Equipment 7,800$ 7,800$ -$ 0.00%
110 70077 Maintenance Repairs 6,000$ 6,000$ -$ 0.00%
111 70090 Plumbing 6,000$ 27,001$ 21,001$ 350.02% N
112 70095 Pool/Spa/Fauntai 3,000$ 4,000$ 1,000$ 33.33%
113 70110 Roof 600$ 600$ -$ 0.00%
114 70115 Mach/Equipment/Security 3,000$ 15,000$ 12,000$ 400.00% O
115 70190 Supplies 30,000$ 55,000$ 25,000$ 83.33% P
116 70289 00 Contigency -$ 25,000$ 25,000$
117 TOTAL REPAIRS/MAINTENANCE 88,900$ 300,901$ 212,001$ 238.47% Q
118 -$
119 SPECIAL PROJECTS -$
120 74005 00 Special Projects -$ -$
121 74005 106 engineering Fees -$ -$
122 74005 300 Life Safety -$ -$
123 74005 69a Security Cameras -$ -$
124 Common Area HVAC -$ -$ -$
125 Roof Replacement -$ -$

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A B C D E F G H
Row GL Code Category Budget 2018 ANNUAL Budget 2019 ANNUAL VARIANCE PERCENTAGE NOTES
PAVILION CONDOMINIUM ASSOCIATION OF MIAMI BEACH, INC.
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
126 Roof Repairs -$ -$
127 Beautification -$ -$
128 Shares Lawn -$ -$
129 Cr OS2-Jan/ins/lnd -$ -$
130 TOTAL SPECIAL PROJECTS -$ -$ -$
131 -$
132 SPECIAL ASSESSMENT -$
133 73000 Special Assessment Transfer 1,764,000$ 1,764,000$ -$ 0.00%
134 73001 Assessment Interest -$ -$
135 TOTAL SPECIAL ASSESSMENT 1,764,000$ 1,764,000$ -$ 0.00%
136 -$
137 RESERVE TRANSFERS -$
138 Reserve Transfers -$ 4,913,703$ 4,913,703$
139 TOTAL RESERVE TRANSFERS -$ 4,913,703$ 4,913,703$
140 -$
141 PRIOR YEAR ACTIVITY -$
142 70298 Prior Year expense -$ -$
143 TOTAL PRIOR YEAR ACTIVITY -$ -$
144 -$
145 TOTAL EXPENSES 5,181,272$ 10,098,475$ 4,917,203$ 94.90% #REF!
146 -$
147 OPERATING NEXT INCOME OR LOSS -$ -$
148
149
150 INCOME 5,181,272$ 10,098,475$ 4,917,203$ 94.90%
OPERATIONAL BUDGET
151
152
151 EXPENSES 5,181,272$ 10,098,475$ 4,917,203$ 94.90%

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A B C D E F G H
Row GL Code Category Budget 2018 ANNUAL Budget 2019 ANNUAL VARIANCE PERCENTAGE NOTES
PAVILION CONDOMINIUM ASSOCIATION OF MIAMI BEACH, INC.
153
154
155
156
157
158
159
160
161
162
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165
166
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170
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