Note | ||
Assets | ||
Bank Balance | 3 | $91,263.04 |
Fees Receivable | 1 | $10,320.00 |
Total Assets | $101,583.04 | |
Liabilities | $0.00 | |
Total Liabilities | $0.00 | |
Total Assets Less Liabilities | $101,583.04 | |
Association Equity | $101,583.04 |
Note | | |
Assets | ||
Bank Balance | 4 | $88,208.62 |
Fees Receivable | 1 | $7,670.00 |
Optional Amenities Agreement Deposit | 3 | $10,750.00 |
Total Assets | $106,628.62 | |
Liabilities | $0.00 | |
Total Liabilities | $0.00 | |
Total Assets Less Liabilities | $106,628.62 | |
Association Equity | $106,628.62 |
ACCOMPANYING NOTES
Note 1:
This total includes an automatic deduction of an Administrative Fee from Paypal Canada in the amount of $17.25 for 121 online fee payments made through the Castle Keep Residents' Association website. Paypal Canada charges a 2.9% plus $0.30 fee per transaction. As of May 31, 2019, there is a total of $7,670.00 in unpaid fees. $1,650.00 of that balance relates to 2018 and earlier. $6,020.00 is 2019 fees unpaid.
Note 2:
A mandatory fee of $100.00 was administered per overdue property in the process of collection.
Note 3:
The optional Amenities Agreement deposit is held by The City of Calgary to be used for cost of repair, maintenance and removal of the Amenities.
Note 4:
Castle Keep Residents' Association has a Community Plan Plus Bank Account at TD Canada Trust at 252 Aspen Glen Landing S.W. Calgary. There is a monthly fee of $4.95 which is rebated if the minimum daily balance is $10,000.00. The monthly plan includes 30 transactions and 30 deposit Items. Additional transaction activity is $1.00 each and additional deposit items are $0.22 each.
Note 5:
Insurance renewal was paid in June 2019 and not paid prior to the May 31, 2019 fiscal year end.
Total Receipts Less Disbursements $1,323.87
End Balance $88,208.62
2020
Statement of Receipts and Disbursements For The Twelve Months Ended May 31, 2020
Balance Forward from May 31, 2019 $88,208.62
Note | ||
Receipts | ||
Fees Collected From Residents | 1 | $35,797.64 |
Administration Fees From Collection Process | 2 | $800.00 |
Total Receipts | $36,597.64 | |
| ||
Disbursements | ||
Administrative – Bank Fees, Copying, Postage, Signage, Website | $1,002.91 | |
Containers – Summer Arrangements | $2,825.55 | |
Containers – Summer Maintenance | $712.95 | |
Containers – Winter Arrangements | $4,173.75 | |
Flowers & Bulbs – Entrance Park, Entrance Boulevard | $1,344.00 | |
Insurance – Vandalism, Liability | $1,044.00 | |
Irrigation Lines Start-up & Winterization | $845.25 | |
Maintenance of Lawn – Entrance Park, Boulevards, Playground | $6,780.90 | |
Legal & Collections | $1,080.00 | |
Maintenance of Beds – Entrance Park, Boulevards, Playground | $7,683.90 | |
Property Taxes | $93.38 | |
Seasonal Lights | $733.69 | |
Snow Removal – Entrance Park Sidewalks & Ascot Link | $1,837.52 | |
Utilities | $1,437.20 | |
Water Hauling - Boulevards, playground, containers | $2,022.87 | |
Total Disbursements | $33,617.87 |
Total Receipts Less Disbursements $2,979.77
End Balance $91,263.04
ACCOMPANYING NOTES
Note 1:
This total includes an automatic deduction of an Administrative Fee from Paypal Canada in the amount of $2.36 for 111 online fee payments made through the Castle Keep Residents' Association website. Paypal Canada charges a 2.9% plus $0.30 fee per transaction. As of May 31, 2020, there is a total of $10,320.00 in unpaid fees. $1,920.00 of that balance relates to 2019 and earlier. $8,400.00 is 2020 fees unpaid.
Note 2:
A mandatory fee of $100.00 was administered per overdue property in the process of collection.
Note 3:
Castle Keep Residents' Association has a Community Plan Plus Bank Account at TD Canada Trust at 252 Aspen Glen Landing S.W. Calgary. There is a monthly fee of $4.95 which is rebated if the minimum daily balance is $10,000.00. The monthly plan includes 30 transactions and 30 deposit Items. Additional transaction activity is $1.00 each and additional deposit items are $0.22 each.
Note | ||
Receipts | ||
Fees Collected From Residents | 1 | $43,992.75 |
Administration Fees From Collection Process | 2 | $100.00 |
Total Receipts | $44,092.75 | |
| ||
Disbursements | ||
Administrative – Bank Fees, Copying, Postage, Signage, Website | $883.59 | |
Containers – Summer Arrangements | $2,793.00 | |
Containers – Summer Maintenance | $329.70 | |
Containers – Winter Arrangements | $3,753.75 | |
Flags | $892.50 | |
Flowers & Bulbs – Entrance Park, Entrance Boulevard | $911.61 | |
Insurance – Vandalism, Liability | 5 | $0.00 |
Irrigation Lines Start-up & Winterization | $546.00 | |
Legal & Collections | $0.00 | |
Maintenance of Lawn – Entrance Park, Boulevards, Playground | $11,660.25 | |
Maintenance of Beds – Entrance Park, Boulevards, Playground | $8,357.27 | |
Property Taxes | $82.37 | |
Seasonal Lights | $545.48 | |
Snow Removal – Entrance Park Sidewalks & Ascot Link | $1,417.50 | |
Utilities | $1,530.20 | |
Water Hauling - Boulevards, playground, containers | $9,065.66 | |
Total Disbursements | $42,768.88 |
2019
Statement of Receipts and Disbursements For The Twelve Months Ended May 31, 2019
Balance Forward from May 31, 2018 $86,884.75
Historical Financial Information
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