| INCOME | |
| Assessments | $275,400 |
| Investment Income | 22,000 |
| TOTAL INCOME | $297,400 |
| EXPENSES: Administrative | |
| Committees | 4,000 |
| Printing, Copying & Postage | 7,500 |
| Sub-Total | $11,500 |
| EXPENSES: Maintenance | |
| General Maintenance & Repair | $ 6,500 |
| Grounds Maintenance Contract | 35,000 |
| Landscaping | 23,000 |
| Snow Removal | 14,000 |
| Trash Removal Contract | 42,282 |
| Sub-Total | $120,782 |
| EXPENSES: Pool | |
| Pool Management | $37,500 |
| Pool Repairs/Maintenance | 5,500 |
| Sub-Total | $43,000 |
| EXPENSES: Professional Fees | |
| Audit / Accountant | $ 2,700 |
| Insurance | 6,620 |
| Legal - Attorney | 5,000 |
| Legal - Collections | 3,000 |
| Management Fee | 28,345 |
| Sub-Total | $45,665 |
| EXPENSES: Taxes & Licenses | |
| License Fees | $ 290 |
| Federal Taxes | 389 |
| State Taxes | 165 |
| Sub-Total | $844 |
| EXPENSES: Utilities | |
| Electricity | $7,528 |
| Telephone Service | 370 |
| Water & Sewer | 1,492 |
| Sub-Total | $9,390 |
| EXPENSES: Reserves | |
| Capital Reserves | $66,219 |
| Sub-Total | $66,219 |
| TOTAL EXPENSES | $297,400 |
Park West Community Association
c/o Summit Management Services
Attn: Lori RandallLori Randall
8405-A Richmond Highway
Alexandria, VA 22039
pwca@parkwestcommunity.org