The financial statements provide an overview of the financial position of Villa Alhambra of Coral Gables Condominium Association as of May 31, 2012. Assets totaled $160,308 with current assets of $139,028 including cash of $95,760. Liabilities were $73,877 including current liabilities of $56,471 such as prepaid assessments of $15,360. Equity included members equity of $86,431 and net income of $9,332. Revenue for May was $20,417 including owner assessments of $16,483 and reserve income of $3,479, while expenses totaled $11,085.
1. VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
FINANCIAL STATEMENTS
For the period ending
May 31, 2012
FOR MANAGEMENT PURPOSES ONLY
Notes: 1. Effective December 31, 2010 through December 31, 2012 as part of the Reform and Consumer
Protection Act, all deposits held in non-interest bearing transaction accounts (checking accounts) will be
fully insured, regardless of the amount in the account, at all FDIC-Insured institutions. For all accounts,
including interest bearing accounts that do not qualify for the unlimited FDIC insurance, FDIC coverage is
now permanently set at $250,000 per depositor at FDIC insured institutions.
2. Financial information is provided for owners who are members of this association only. The information
is believed to be accurate as of the date the documents are posted. Any owner receiving this information
shall not use the information in any way which is inconsistent with the requirements of governing state or
federal law.
2. 06/21/2012 9:44:36 AM Standard_Balance_Sheet
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
05/31/2012
THE CONTINENTAL GROUP, INC.
2950 N 28 TERRACE
Hollywood FL 33020
Account Description As of Prior Month Inc/(Dec)
May
ASSETS
**CURRENT ASSETS
10010 13 Cash-Operating - Bank United 95,760 67,520 28,240
10050 00 Cash In Transit - Oper 0 33,331 (33,331)
10200 Due (To)/From Reserves 0 (3,480) 3,480
10300 Accounts Receivable 139 808 (669)
10500 Prepaid Insurance 31,017 7,764 23,253
10505 Prepaid Expenses 4,398 2,063 2,335
12090 13 Cash-Deposits Bank United 7,715 7,715 0
**TOTAL CURRENT ASSETS $139,028 $115,720 $23,308
**RESTRICTED FUNDS
12010 13 Cash-Reserves - Bank United 17,406 10,442 6,963
12045 Due (To)/From Operating 0 3,480 (3,480)
**TOTAL RESTRICTED FUNDS $17,406 $13,922 $3,483
**OTHER ASSETS
19010 Utility Deposits 3,874 3,874 0
**TOTAL OTHER ASSETS $3,874 $3,874 $0
**TOTAL ASSETS $160,308 $133,517 $26,791
LIABILITIES
**CURRENT LIABILITIES
20005 Collection Fees due 35 25 10
20010 Accrued Expenses 10,370 8,465 1,906
20030 Insurance Payable 23,456 0 23,456
20080 Security Deposits 7,250 7,250 0
20100 Prepaid Assessments 15,360 18,259 (2,899)
**TOTAL CURRENT LIABILITIES $56,471 $33,999 $22,472
**RESERVE LIABILITIES
30000 01 Reserves A/C Equipment 2,329 1,863 466
30000 113d Reserves Bldg 1 Ext Painting 7,552 6,042 1,510
30000 113g Reserves Bldg 1 Roofing 5,670 4,536 1,134
30000 113q Reserves Bldg 1 Elevator 1,845 1,476 369
30080 Reserve-Interest 10 5 5
**TOTAL RESERVE LIABILITIES $17,406 $13,922 $3,484
**TOTAL LIABILITIES $73,877 $47,921 $25,956
EQUITY
**MEMBERS EQUITY
38015 Cap Contribution Int 310 310 0
38880 Fund Balance 76,789 76,789 0
Current Year Net Income/(Loss) $9,332 $8,497 $835
Page 1 of 2
3. 06/21/2012 9:44:36 AM Standard_Balance_Sheet
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
05/31/2012
THE CONTINENTAL GROUP, INC.
2950 N 28 TERRACE
Hollywood FL 33020
Account Description As of Prior Month Inc/(Dec)
May
**TOTAL MEMBERS EQUITY $86,431 $85,596 $835
**TOTAL LIABILITIES & EQUITY $160,308 $133,517 $26,791
Page 2 of 2
6. 06/18/2012 5:16:14 PM Bank Reconciliation
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
OPR2 BANK UNITED OPR
As of Date: 05/31/2012
Bank Balance As Of $109,062.49
05/31/2012
Deposits in Transits 0.00
Outstanding Checks AP -13,302.75
_________________
Bank Balance As Of $95,759.74
05/31/2012
Book Balance As Of $95,759.74
05/31/2012
_________________
Adjusted Book Balance $95,759.74
7. 06/18/2012 5:16:14 PM Outstanding Check List
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
OPR2 BANK UNITED OPR
For Checks Dated Through: 05/31/2012
Check Date Vendor Type Amount
20392 01/23/2012 HALP00 HALPERN RODRIGUEZ LLP Void $1,425.00
20439 03/12/2012 CONT00 CONTINENTAL GROUP INC. Printed $2,036.26
20474 04/30/2012 FLORA9 FLORIDA FIRE SAFETY INC Printed $160.50
20489 05/14/2012 FLORA9 FLORIDA FIRE SAFETY INC Printed $240.75
20490 05/14/2012 SUNN15 SUNNY GREENS Printed $620.00
20494 05/25/2012 ALVA08 ALVAREZ LOCKSMITH Printed $605.49
20495 05/25/2012 CORN23 CORNERSTONE PROPERTY SERVICES Printed $869.15
20496 05/25/2012 HALP00 HALPERN RODRIGUEZ LLP Printed $1,950.00
20497 05/25/2012 MINO16 MINORCA CONDOMINIUM Printed $150.00
20498 05/25/2012 OTIS00 OTIS ELEVATOR COMPANY Printed $3,470.10
20499 05/25/2012 POWE03 POWER EXTERMINATORS,INC Printed $250.00
20500 05/25/2012 SUNN15 SUNNY GREENS Printed $562.50
20501 05/25/2012 WHRH00 WHR HOLDINGS LLC Printed $963.00
Report Total $13,302.75
8. 06/18/2012 5:16:14 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
OPR2 BANK UNITED OPR
For Deposits Dated Through: 05/31/2012
Batch Date Description Amount
Bank Code Total $0.00
9.
10.
11.
12.
13. 06/19/2012 1:36:07 PM Summary Batch Report for Cash Receipts
For Batch No 1 To 999999999
For Batch Dates 05/01/2012 To 05/31/2012
Entity Batch No GL Date Bank Batch Total
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1760401 05/01/2012 OPR2 BANK UNITED OPR 33,330.77
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1760406 05/01/2012 OPR2 BANK UNITED OPR 700.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1760697 05/01/2012 OPR2 BANK UNITED OPR 427.48
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1762245 05/02/2012 OPR2 BANK UNITED OPR 358.25
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1763712 05/03/2012 OPR2 BANK UNITED OPR 1,208.96
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1764441 05/03/2012 OPR2 BANK UNITED OPR 479.16
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1765033 05/04/2012 OPR2 BANK UNITED OPR 1,214.47
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1765099 05/04/2012 OPR2 BANK UNITED OPR 479.78
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1766547 05/07/2012 OPR2 BANK UNITED OPR 5,542.04
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1768006 05/08/2012 OPR2 BANK UNITED OPR 770.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1768106 05/08/2012 OPR2 BANK UNITED OPR 848.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1768939 05/09/2012 OPR2 BANK UNITED OPR 848.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1769463 05/09/2012 OPR2 BANK UNITED OPR 412.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1770876 05/10/2012 OPR2 BANK UNITED OPR 427.48
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1773436 05/14/2012 OPR2 BANK UNITED OPR 412.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1774413 05/15/2012 OPR2 BANK UNITED OPR 399.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1777738 05/21/2012 OPR2 BANK UNITED OPR 442.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1780671 05/25/2012 OPR2 BANK UNITED OPR 300.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1782183 05/29/2012 OPR2 BANK UNITED OPR 851.33
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1782968 05/30/2012 OPR2 BANK UNITED OPR 2,068.76
BANK UNITED OPR Total: 51,522.78
Page: 1
14. 06/19/2012 1:36:44 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 05/01/2012 to 05/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
020481 ATT01 AT&T 05/07/2012 166.03 OnSite Released
None
2815432 30544466569100 05/07/2012 54100 00 Telephone 166.03 SVC 4/26 - 5/25/12
445/42612
020482 CONT00 CONTINENTAL GROUP INC. 05/07/2012 955.10 Corp Mailed
None
2766029 T85/MC012012 03/19/2012 50075 Office Supplies 11.14 January misc chrgs
None
2766029 T85/MC012012 03/19/2012 50075 Office Supplies (6.04) Credit postage
None
2815436 1205-95557 05/07/2012 61000 Management Services 1,350.00 MAY ADMIN SVCS /
CRE
None
2815436 1205-95557 05/07/2012 61000 Management Services (400.00) MAY ADMIN SVCS /
CRE
020483 GERS00 GERSTLE, ROSEN & 05/07/2012 1,500.00 OnSite Released
GOLDENBERG, P.
None
2815438 115974 05/07/2012 50090 010 Professional Fees - Accounti 1,500.00 PROFESSIONAL
SVCS
020484 WATE14 WATER LEAK DETECTORS INC 05/07/2012 200.00 OnSite Released
None
2815437 6371 05/07/2012 70025 R&M-Building 200.00 REPAIR & MAINT
020485 WELL01 WELLS FARGO INSURANCE 05/10/2012 2,536.55 OnSite Released
None
2821097 Down-pymt 05/10/2012 20030 Insurance Payable 2,536.55 DOWN PYMT-
PROP,UMB,B
020486 ATT01 AT&T 05/14/2012 578.01 OnSite Released
None
2823847 30544887520010 05/14/2012 54100 00 Telephone 578.01 SVC 4/25 - 5/24/12
449/42512
020487 CONT00 CONTINENTAL GROUP INC. 05/14/2012 595.32 Corp Mailed
None
2823839 065892 05/14/2012 60075 Janitorial Service 595.32 PAYROLL P/E 5/4/12
020488 ECOL00 ECOLO ODOR CONTROL 05/14/2012 60.00 OnSite Released
None
2823859 163707 05/14/2012 70119 R&M-Trash Chute 60.00 MAY SERVICES
020489 FLORA9 FLORIDA FIRE SAFETY INC 05/14/2012 240.75 OnSite Released
None
2823864 32560 05/14/2012 70048 32 R&M Equipment - Life Safety 240.75 REPAIR & MAINT
Page 1 of 3
15. 06/19/2012 1:36:44 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 05/01/2012 to 05/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
020490 SUNN15 SUNNY GREENS 05/14/2012 620.00 OnSite Released
None
2823868 3001 05/14/2012 60090 Lawn Maintenance 620.00 MAY SERVICES
020491 HIVA00 HI-VAC AIR CONDITIONING SVC 05/21/2012 250.00 OnSite Released
None
2831156 1419 05/21/2012 60074 Hvac System 250.00 MAY A/C MAINT
020492 VILL002 VILLA ALHAMBRA 05/24/2012 3,479.00 None
ACHPrint
2834746 050112 05/24/2012 12010 13 Cash-Reserves - Bank United 3,479.00 MAY RSV
TRANSFER
020493 VILL002 VILLA ALHAMBRA 05/24/2012 3,479.00 None
ACHPrint
2834740 040112 05/24/2012 12010 13 Cash-Reserves - Bank United 3,479.00 APRIL TRANSFER
020494 ALVA08 ALVAREZ LOCKSMITH 05/25/2012 605.49 OnSite Released
None
2836980 23541 05/25/2012 70025 R&M-Building 148.13 REPAIR & MAINT
None
2836990 23543 05/25/2012 70050 R&M-Entry System 457.36 REPAIR & MAINT
020495 CORN23 CORNERSTONE PROPERTY 05/25/2012 869.15 OnSite Released
SERVICES
None
2836946 3438 05/25/2012 70045 R&M-Electrical 869.15 REPAIR & MAINT
020496 HALP00 HALPERN RODRIGUEZ LLP 05/25/2012 1,950.00 OnSite Released
None
2836949 4205 05/25/2012 50045 00 Legal Fees 400.00 3/1-3/28/12 SVCS
None
2836954 4097 05/25/2012 50045 00 Legal Fees 1,550.00 1/3-6/12 SVCS
020497 MINO16 MINORCA CONDOMINIUM 05/25/2012 150.00 OnSite Released
None
2837010 ROOM 2012 05/25/2012 50110 Miscellaneous 150.00 RSV MEETING
ANNUAL ROOM
MEETING
020498 OTIS00 OTIS ELEVATOR COMPANY 05/25/2012 3,470.10 OnSite Released
None
2837027 TAO08008612 05/25/2012 70048 02 R&M Equipment - Alarm 3,470.10 SVC 6/1 - 11/30/12
020499 POWE03 POWER EXTERMINATORS,INC 05/25/2012 250.00 OnSite Released
Page 2 of 3
16. 06/19/2012 1:36:44 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 05/01/2012 to 05/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
None
2837019 284887 05/25/2012 61010 Pest Control 250.00 IN/OUT CONTROL
020500 SUNN15 SUNNY GREENS 05/25/2012 562.50 OnSite Released
None
2837021 3010 05/25/2012 70134 Landscaping 562.50 1.5 PALLET RED
MULCH
020501 WHRH00 WHR HOLDINGS LLC 05/25/2012 963.00 OnSite Released
None
2836988 FL3389 05/25/2012 70119 R&M-Trash Chute 963.00 REPAIR & MAINT
Bank Totals 23,480.00
Total Number of Checks 21
Page 3 of 3
17. 06/15/2012 3:40:52 PM AP Voucher Detail Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For 05/01/2012 05/31/2012
Entity Vch # Vendor Inv # Amount Voucher Description Bank Chk # Chk Date Amount
Account: 12010-13 Cash-Reserves - Bank United
0T85 2834740 VILL002 VILLA ALHAMBRA 040112 3,479.00 APRIL TRANSFER OPR2 020493 05/24/2012 3,479.00
0T85 2834746 VILL002 VILLA ALHAMBRA 050112 3,479.00 MAY RSV TRANSFER OPR2 020492 05/24/2012 3,479.00
Account: 12010-13 Cash-Reserves - Bank United 6,958.00
Account: 20030 Insurance Payable
0T85 2821097 WELL01 WELLS FARGO INSU Down-pymt 2,536.55 DOWN PYMT- OPR2 020485 05/10/2012 2,536.55
PROP,UMB,BM,CR
Account: 20030 Insurance Payable 2,536.55
Account: 50045-00 Legal Fees
0T85 2836949 HALP00 HALPERN RODRIGUE 4205 400.00 3/1-3/28/12 SVCS OPR2 020496 05/25/2012 400.00
0T85 2836954 HALP00 HALPERN RODRIGUE 4097 1,550.00 1/3-6/12 SVCS OPR2 020496 05/25/2012 1,550.00
Account: 50045-00 Legal Fees 1,950.00
Account: 50090-010 Professional Fees - Accounting
0T85 2815438 GERS00 GERSTLE, ROSEN & 115974 1,500.00 PROFESSIONAL SVCS OPR2 020483 05/07/2012 1,500.00
Account: 50090-010 Professional Fees - Accounting 1,500.00
Account: 50110 Miscellaneous
0T85 2837010 MINO16 MINORCA CONDOMIN ROOM 2012 150.00 RSV MEETING ROOM OPR2 020497 05/25/2012 150.00
ANNUAL
MEETING
Account: 50110 Miscellaneous 150.00
Account: 54100-00 Telephone
0T85 2815432 ATT01 AT&T 30544466569100 166.03 SVC 4/26 - 5/25/12 OPR2 020481 05/07/2012 166.03
445/42612
0T85 2823847 ATT01 AT&T 30544887520010 578.01 SVC 4/25 - 5/24/12 OPR2 020486 05/14/2012 578.01
449/42512
Account: 54100-00 Telephone 744.04
Account: 60074 Hvac System
0T85 2831156 HIVA00 HI-VAC AIR CONDI 1419 250.00 MAY A/C MAINT OPR2 020491 05/21/2012 250.00
Account: 60074 Hvac System 250.00
Account: 60075 Janitorial Service
0T85 2823839 CONT00 CONTINENTAL GROU 065892 595.32 PAYROLL P/E 5/4/12 OPR2 020487 05/14/2012 595.32
Account: 60075 Janitorial Service 595.32
Account: 60090 Lawn Maintenance
0T85 2823868 SUNN15 SUNNY GREENS 3001 620.00 MAY SERVICES OPR2 020490 05/14/2012 620.00
Account: 60090 Lawn Maintenance 620.00
Account: 61000 Management Services
0T85 2815436 CONT00 CONTINENTAL GROU 1205-95557 1,350.00 MAY ADMIN SVCS / OPR2 020482 05/07/2012 1,350.00
CREDIT
0T85 2815436 CONT00 CONTINENTAL GROU 1205-95557 -400.00 MAY ADMIN SVCS / OPR2 020482 05/07/2012 -400.00
CREDIT
Account: 61000 Management Services 950.00
Account: 61010 Pest Control
0T85 2837019 POWE03 POWER 284887 250.00 IN/OUT CONTROL OPR2 020499 05/25/2012 250.00
EXTERMINAT
Account: 61010 Pest Control 250.00
Page: 1
22. 06/19/2012 12:43:56 PM Prepaid Expenses Schedule Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
Month ending May 31, 2012
Description GL Account From To Total Amount Total Exp. Prepaid Balance
Long Term Entries
Elevator Contract- Otis Elevator 60035 01/01/2012 05/31/2012 2,776.66 555.34 0.00
Equip Contract-Life Safety- Fire Controls 60046-30 01/01/2012 08/31/2012 83.33 10.42 31.23
Annual Condo Fees- Florida DBPR 50048 01/01/2012 12/31/2012 144.00 12.00 84.00
Miami Dade County Buisness Permit 50050-00 01/01/2012 07/31/2012 145.40 20.77 41.55
Florida Fire Safety Annual Inspection 60046-30 01/01/2012 08/31/2012 180.12 22.52 67.52
Fire Alarm System - Florida Fire Safety 60046-30 02/01/2012 12/31/2012 348.08 31.64 221.52
Corporate Annual Rep - FDBR 50053 02/01/2012 12/31/2012 56.10 5.10 35.70
Access System - Security Innovative 60065 03/01/2012 05/31/2012 1,284.00 428.00 0.00
All American - Fire sprinkler & pump Insp. 50050-00 03/01/2012 02/28/2013 595.00 49.58 446.26
Elevator Contract- Otis Elevator 60035 06/01/2012 11/30/2012 3,470.10 0.00 3,470.10
Total 9,082.79 1,135.37 4,397.88
Page 1 of 1
23. 06/18/2012 5:34:49 PM Bank Reconciliation
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
As of Date: 05/31/2012
Bank Balance As Of $7,715.00
05/31/2012
Deposits in Transits 0.00
Outstanding Checks AP 0.00
_________________
Bank Balance As Of $7,715.00
05/31/2012
Book Balance As Of $7,715.00
05/31/2012
_________________
Adjusted Book Balance $7,715.00
24. 06/18/2012 5:34:49 PM Outstanding Check List
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
For Checks Dated Through: 05/31/2012
Check Date Vendor Type Amount
Report Total $0.00
25. 06/18/2012 5:34:49 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
For Deposits Dated Through: 05/31/2012
Batch Date Description Amount
Bank Code Total $0.00
26.
27.
28. 06/18/2012 5:17:10 PM Bank Reconciliation
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
RSV1 BANK UNITED MM RSV
As of Date: 05/31/2012
Bank Balance As Of $17,405.62
05/31/2012
Deposits in Transits 0.00
Outstanding Checks AP 0.00
_________________
Bank Balance As Of $17,405.62
05/31/2012
Book Balance As Of $17,400.45
05/31/2012
Adjustments Reserve Interest - RSV1 Bank United 5.17
_________________
Adjusted Book Balance $17,405.62
29. 06/18/2012 5:17:10 PM Outstanding Check List
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
RSV1 BANK UNITED MM RSV
For Checks Dated Through: 05/31/2012
Check Date Vendor Type Amount
Report Total $0.00
30. 06/18/2012 5:17:10 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
RSV1 BANK UNITED MM RSV
For Deposits Dated Through: 05/31/2012
Batch Date Description Amount
Bank Code Total $0.00
31.
32.
33. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Utility Deposits
May 31, 2012
19010
Description Account # Date Amount
Florida Power and Light 89495-36307 10/29/2008 724.00
Florida Power and Light 89495-36307 10/09 3,150.00
Org pd by Developer
Total $ 3,874.00
34. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Collection Fees Due
May 31, 2012
Reimbursed to The Continental Group, Inc.
Description Date Amount Date Check# Amount
Collection Charges/Credits 9/30/10 100.00
Collection Charges/Credits 1/31/11 80.00
Collection Charges/Credits 2/11/11 02/14/11 20148 (100.00)
Collection Charges/Credits 3/31/11 100.00 03/21/11 20171 (35.00)
Collection Charges/Credits 4/30/11 95.00 04/18/11 20196 (15.00)
Collection Charges/Credits 5/31/11 80.00 05/09/11 20212 (20.00)
Collection Charges/Credits 6/30/11 10.00 06/20/11 20237 (5.00)
Collection Charges/Credits 7/31/11 155.00 08/15/11 20279 (30.00)
Collection Charges/Credits 8/31/11 (5.00) 11/21/11 Credit/20353 25.00
Collection Charges/Credits 9/30/11 25.00 11/15/11 20345 (415.00)
Collection Charges/Credits 10/31/11 30.00 02/13/12 20408 (10.00)
Collection Charges/Credits 11/30/11 25.00 03/12/12 20439 (200.00)
Collection Charges/Credits 12/31/11 30.00
Collection Charges/Credits 1/31/12 45.00
Collection Charges/Credits 2/29/12 50.00
Collection Charges/Credits 3/31/12 (25.00)
Collection Charges/Credits 4/9/12 25.00
Collection Charges/Credits 4/16/12 10.00
Collection Charges/Credits 5/16/12 10.00
Subtotal $ 840.00 $ (805.00)
Total Collection Fees Due $ 35.00
Note: Fees charged to homeowners and due to management company for collection correspondence. Remittance occurs only
after homeowner receipts have satisfied all association receivable balances.
35. Accrued Expenses Schedule Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
Month ending May 31, 2012
Invoice Account Calculated
Description From To Days
Amount Number Amount
Accounting Fees-2011- Gerstle, 1,000.00 01/01/2011 12/31/2011 50005 1,000.00
Rosen, & Goldberg
Accounting Fees 2012 1,040.00 01/01/2012 05/31/2012 50005 1,040.00
Pest Control- Power 250.00 05/01/2012 05/31/2012 61010 250.00
Exterminators
Water & Sewer - MDWS 3,393.00 10/21/2011 01/23/2012 54070-00 129 4,656.35
Janitorial Service - TCG 1,055.35 05/05/2012 06/01/2012 60075 1,055.35
Lawn Maintenance - Lukes 750.00 03/01/2012 03/31/2012 60090 750.00
Sawgrass
Electricity/Gas - FPL 1,144.35 04/20/2012 05/22/2012 54050-00 1,144.35
Trash Removal - Waste 474.25 5/1/2012 5/31/2012 61055 474.25
Mangement
Total 10,370.30
36. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Security Deposits
May 31, 2012
DEPOSIT REFUNDS
UNIT # OWNER'S/RENTER'S NAME DATE AMOUNT DATE AMOUNT CK # BALANCE
112 Chico Industries 12/08/09 500.00 500.00
306 Christiana Meitzner 09/16/09 500.00 500.00
307 Norman Cerna Barquero 07/28/08 500.00 500.00
307 Norman Cerna Barquero 12/10/08 500.00 03/12/12 500.00 203 -
308 Celso Miragaya 11/18/09 500.00 500.00
310 Joao Fernando Kfouri 09/16/09 500.00 500.00
311 Maria Riquezes Curiel 10/05/09 500.00 500.00
311 Maria Riquezes Curiel 02/01/10 500.00 500.00
312 Mendatta, LLC 03/23/09 500.00 500.00
312 Mendatta, LLC 07/29/09 500.00 500.00
403 Victor Planchart 12/15/08 500.00 500.00
403 Victor Planchart 10/12/09 500.00 500.00
404 Jennifer Homes, Inc. 03/29/11 250.00 250.00
405 Luciano Visentin 04/02/09 500.00 12/12/11 500.00 202 -
406 Mendatta, LLC 03/23/09 500.00 500.00
406 Mendatta, LLC 08/24/09 500.00 500.00
407 Tito Cabrera Bello 05/13/09 500.00 500.00
$9,750.00 $2,500.00 $ 7,250.00
$7,250.00
Total
Bank fees (35.00)
Cash to transfer to OPR fr bank a/c closure 11/30/10 500.00
Cash Balance $ 7,715.00
Diff $0.00
37. 06/19/2012 1:38:30 PM Prepaid Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
As of 05/31/2012
Building: 0000 - VILLA ALHAMBRA CONDO ASSOC
C/O THE CONTINENTAL GROUP INC
50 ALHAMBRA CIR
CORAL GABLES, FL 33134
Unit Resident Address Status Date Last Pay Last Pay Current Over 30 Over 60 Over 90 Balance
Date Amount Days Days Days
No Collection Status
0101 01 Randall Gluss 50 Alhambra Cir 101 06/04/2012 864.69 -0.30 -0.30
0103 01 Antonio Espinoza 50 Alhambra Cir 103 04/02/2012 851.33 -1,767.63 -1,767.63
0107 01 Marta Megassini 50 Alhambra Cir 107 05/30/2012 859.18 -859.18 -20.00 -879.18
0108 01 Joseph Monagle 50 Alhambra Cir 108 05/30/2012 851.33 -851.33 -0.24 -851.57
0110 01 Rober Gordon 50 Alhambra Cir 110 05/29/2012 851.33 -851.33 -851.33
0302 01 Michael E Dearing 50 Alhambra Cir 302 06/18/2012 412.66 -412.66 -412.66
0303 01 Ernesto Velazquez 50 Alhambra Cir 303 05/30/2012 358.25 -716.50 -383.25 -143.57 -1,243.32
0307 01 Norman Cerna 50 Alhambra Cir 307 06/07/2012 349.78 -263.91 -263.91
0310 01 Joao Fernando Kfouri 50 Alhambra Cir 310 06/01/2012 349.64 -50.02 -50.02
0409 01 Narciso Iturralde 50 Alhambra Cir 409 06/08/2012 358.25 -79.94 -79.94
0410 01 Chandan Sridhar 50 Alhambra Cir 410 05/15/2012 399.66 -399.66 -0.12 -399.78
Totals: 11 -4,434.81 -453.63 -143.57 -1,767.63 -6,799.64
CL Cleared Collections
0405 01 Luciano Visentin 50 Alhambra Cir 405 03/14/2012 02/29/2012 3,988.54 -80.00 -2,448.46 -2,528.46
Totals: 1 0.00 0.00 -80.00 -2,448.46 -2,528.46
RM Reminder Notice
0301 01 Juan Gonzalez 50 Alhambra Cir 301 04/18/2011 06/04/2012 479.78 -49.44 -49.44
0305 01 Francisco M Perez 50 Alhambra Cir 305 01/13/2011 01/12/2012 4,197.36 -2,448.46 -2,448.46
0402 01 Nicole De Delva 50 Alhambra Cir 402 11/16/2011 06/11/2012 412.66 -20.00 -20.00
0404 01 Manuel Cao Quintero 50 Alhambra Cir 404 01/17/2012 01/17/2012 4,795.92 -2,797.74 -2,797.74
0407 01 Tito Cabrera Bello 50 Alhambra Cir 407 10/18/2011 06/04/2012 349.78 -288.82 -288.82
Totals: 5 -308.82 -49.44 0.00 -5,246.20 -5,604.46
NL No Letters
Page: 1
38. 06/19/2012 1:38:30 PM Prepaid Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
As of 05/31/2012
Building: 0000 - VILLA ALHAMBRA CONDO ASSOC
C/O THE CONTINENTAL GROUP INC
50 ALHAMBRA CIR
CORAL GABLES, FL 33134
Unit Resident Address Status Date Last Pay Last Pay Current Over 30 Over 60 Over 90 Balance
Date Amount Days Days Days
0408 01 Fernando Perez 50 Alhambra Cir 408 07/06/2011 01/11/2012 267.48 -427.48 -427.48
Totals: 1 0.00 0.00 0.00 -427.48 -427.48
0000 Totals: -4,743.63 -503.07 -223.57 -9,889.77 -15,360.04
MM Maintenance Fees -4,743.63 -503.07 -143.57 -9,859.77 -15,250.04
LF Late Fees 0.00 0.00 -50.00 -25.00 -75.00
RN Reminder Collection Cost 0.00 0.00 -5.00 -5.00 -10.00
DN Demand Collection Cost 0.00 0.00 -25.00 0.00 -25.00
Grand Totals: -4,743.63 -503.07 -223.57 -9,889.77 -15,360.04
MM Maintenance Fees -4,743.63 -503.07 -143.57 -9,859.77 -15,250.04
LF Late Fees 0.00 0.00 -50.00 -25.00 -75.00
RN Reminder Collection Cost 0.00 0.00 -5.00 -5.00 -10.00
DN Demand Collection Cost 0.00 0.00 -25.00 0.00 -25.00
Page: 2
39. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Income Statement - Schedule of Prior Year Expense
May 31, 2012
Service GL Code 70298
Description GL Code Date Period Amount
Window Services Accrual 2011 61075 04/11-12/11 (4500.00)
Water & Sewer Accrual 2011 54070-00 12/31/2011 (456.74)
R&M-Trush Chute - Ecolo- Ck#20402 70119 02/06/12 06/01-06/30/11 60.00
.
Total $ (4,896.74)