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2025 01-22 Senior Citizen Housing Corporation Board Agenda PacketAGENDA CITY OF EL SEGUNDO SENIOR CITIZEN HOUSING CORPORATION BOARD 3:30 PM PARK VISTA - PETER & EDNA FREEMAN ROOM 615 E. HOLLY AVENUE EL SEGUNDO, CA 90245 JANUARY 22, 2025 MEMBERS OF SENIOR CITIZEN HOUSING CORPORATION BOARD Paul Lanyi, President Timothy Whelan, Vice President Denise Fessenbecker Julia Newman Paula Rotolo The Senior Citizen Housing Corporation Board, with certain statutory exceptions, can only take action upon properly posted and listed agenda items. Any writings or documents given to a majority of the Senior Citizen Housing Corporation Board, regarding any matter on this agenda, that the City received after issuing the agenda packet are available for public inspection in the Park Vista Lobby, Joslyn Center, and the El Segundo Public Library during normal business hours. Such documents may also be posted on the City's website at www.elsegundo.org and additional copies will be available at the meeting. Unless otherwise noted in the agenda, the public can only comment on city -related business that is within the jurisdiction of the Senior Citizen Housing Corporation Board and/or items listed on the agenda during the Public Communications portion of the Meeting. Members of the public may also provide comments electronically by sending an email to the following address before 3:00 P.M. on the day of the meeting: agnesho@elsegundo.org. Please include the meeting date and item number in the subject line. The time limit for comments is five (5) minutes per person. Before speaking to the Senior Citizen Housing Corporation Board, please state: your name, residence, and organization/group you represent, if desired. Please respect the time limits. REASONABLE ACCOMMODATIONS: In compliance with the Americans with Disabilities Act and Government Code Section 54953(g), the City Council has adopted a reasonable accommodation policy to swiftly resolve accommodation requests. The policy can also be found on the City's website at https.11www.else_gundo.orglgovemmentldepartments/city-clerk. Please contact the City Clerk's Office at (310) 524-2308 to make an accommodation request or to obtain a copy of the policy. 1 Page 1 of 54 CALL TO ORDER/ROLL CALL PUBLIC COMMUNICATION — (Related to City Business Only — 5-minute limit per person, 30-minute limit total) Individuals who have received value of $50 or more to communicate to the Senior Citizen Housing Corporation Board on behalf of another, and employees speaking on behalf of their employer, must so identify themselves prior to addressing the Senior Citizen Housing Corporation Board. Failure to do so shall be a misdemeanor and punishable by a fine of $250. While all comments are welcome, the Brown Act does not allow action on any item not on the agenda. A. CONSENT 1. Approval of Meeting Minutes Recommendation - 1. Approve the special Senior Citizen Housing Corporation Minutes from December 11, 2024. 2. Alternatively, discuss and take other action related to this item. B. UNFINISHED BUSINESS l:01111111 ki I ATITS 111:11 ki 14*1- 2. President's Report Recommendation - 1. Receive and file reports regarding correspondence, meetings, and business related to Park Vista. 2. Alternatively, discuss and take other action related to this item. 3. Financial Statements and LAIF (Local Agency Investment Fund) Recommendation - 1. Receive and file the status of reports including, but not limited to, statements, invoices, and finances for November and December 2024. 2. Receive and file the LAIF investment fund and transfer between accounts. 3. Alternatively, discuss and take other action related to this item. 2 Page 2 of 54 4. 2025 Park Vista Operating Budget Recommendation - 1. Review and approve the 2025 operating budget. 2. Alternatively, discuss and take other action related to this item. 5. Rental Rate Increase for Current Tenants Recommendation - 1. Review and consider whether to increase rental rates for current tenants and, if so, by what amount. Any rental rate increase for current tenants would go into effect on June 1, 2025. 2. Alternatively, discuss and take other action related to this item. 6. Quarterly Review of Operating Bank Account: Transfer of Funds Exceeding $150,000.00 from Park Vista Checking Account (Citizens Business Bank) to LAIF Account (City) Recommendation - 1. Discuss and approve the move of all funds in excess of $150,000.00 from the Park Vista Checking Accounting at Citizens Business Bank To the LAIF Account With the City. 2. Alternatively, discuss and take other action related to this item. D. REPORTS - COMMUNITY DEVELOPMENT DEPARTMENT 7. UDcomina Events Recommendation — 1. Receive and file the updates about upcoming events at the Joslyn Center and citywide. 2. Alternatively, discuss and take other action related to this item. E. REPORTS — SENIOR CITIZENS HOUSING BOARD A General Report From Individual Board Members F. REPORTS — MANAGEMENT (CADMAN GROUP) ADJOURNMENT 3 Page 3 of 54 POSTED: DATE: January 16, 2025 TIME: 5:00 P.M. BY: Agnes Ho, Administrative Analyst Page 4 of 54 MINUTES OF THE SPECIAL MEETING El Segundo Senior Citizen Housing Board Corporation Wednesday, December 11, 2024 Park Vista Senior Housing 615 E. Holly Avenue, El Segundo, CA 90245 CALL TO ORDER: The meeting was called to order at 7:OOp.m. by Board Paul Lanyi. ROLL CALL Members Present: Paul Lanyi Tim Whelan Denise Fessenbecker Absent: Julia Newman Paula Rotolo Others: Neil Cadman Michael Allen Venus Wesson Agnes Ho PUBLIC COMMUNICATION. (Suggestion Box Comments) • Steve Haxston, a resident at Park Vista, submitted an email on December 6th expressing his concerns regarding the rent survey discussed during the previous meeting. • Adel emailed expressing concerns regarding the discrepancy in the elevator flooring replacement cost and is seeking clarification on the matter. • Residents believe they are victims of rent increases. A resident stated that his original quote rate when he moved in was $895 for a one -bedroom, and in 2023, he received a 64% increase of $1,470.00. • A resident requested to be removed from the Amazon locker list and asked for additional assistance to complete the removal process. A. CONSENT 1. APPROVAL OF MEETING MINUTES Paul inquired about the rent rates for a one -bedroom unit, specifically questioning the difference between 1,636.80 and 1,630.00. Neil responded by saying they rounded it down to $1,630.00 Paul Lanyi motion and Denise Fressenbecker second, to approve the October 23, 2024, Meeting Minutes. The motion passed 3-0. B. UNFINISHED BUSINESS None. C. NEW BUSINESS 2. President's Report (Paul Lanyi) • Wished everyone a Happy Thanksgiving. 3. Financial Statements (Paul Lanyi) • None. Page 5 of 54 Receive and file: Motion carried 3-0 4. 2025 Park Vista Operating Budget. (Neil Cadman) • Paul asked Neil to provide an update on the flooring expenses at the next meeting. • Neil mentioned that a 10% increase in water, gas, and insurance costs has significantly impacted the maintenance budget. He apologized for the oversight in the provided materials and expressed his intention to include this item in the next meeting's agenda. 5. Park Vista's Income/Net Worth Thresholds for Tenancy. (Neil Cadman) • Neil reported that the income threshold for qualified tenants is set at a maximum $45,000 for one -person households and $50,000 for two -person households. • Paul asked whether the amounts should be adjusted. Neil responded that he would analyze the waiting list and provide feedback based on his findings. • Neil stated that he contacted everyone currently on the waiting list, which consisted of approximately 90 inquiries. One tenant had removed themselves from the list, 40 individuals expressed concerns about the rising costs of living at Park Vista but chose to remain on the list, and 30 tenants indicated that it was still affordable for them. • Tim asked about the longest duration someone had been on the waiting list. Neil replied that the longest was about four years. • Neil asked about the actions of the income threshold. Paul suggested keeping the remaining income threshold the same. Paul Lanyi motion and Denise Fressenbecker second, to approve keeping the income/net worth threshold for tenancy. The motion passed 3-0 D. REPORTS — COMMUNITY DEVELOPMENT DEPARTMENT 6. Upcoming Events (Ryan Delgado) • Michael Allen on behalf of Ryan informed the new service for Candy Cane Lane Park and ride shuttle starting this weekend. The shuttle location will be on the other side of the Club House building beginning December 14t", 15t" and 16t" starting at 4:30 to 10:00 pm. 7. Financial Forecast. (Paul Chung) • Paul asked to continue to next month's meeting. E. REPORTS — SENIOR CITIZENS HOUSING BOARD 8. President's Report • Paul stated that he will be absent from the January meeting. • Paul informed the board that the meeting start time will be at 3:30 pm moving forward. F. REPORTS — MANAGEMENT (CADMAN GROUP) 11. Management Report • None ADJOURNMENT: 7:38 pm NEXT MEETING: Wednesday, January 22, 2025 Page 6 of 54 r� CADMAN ROUP PARK VISTA Financial Reporting Analysis November 2024 Gross Income: $93,440.59 Gross Expenses: $53,589.54 Expenses for the month were normal except for the following: • Maintenance of $25,386.46. Normal operations with no major vacancy work, but a final payment of $3,034.40 to pay for the repair of the front entry door. • No Water bills of in November. Net Income: $39,851.05 Total Account Balances: $2,215,850.41 NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR PARK VISTA. Page 7 of 54 Total number of vacancies for the month: 99% occupied on 11/1/2024 100% occupied on 10/31/2024 Move -outs: 0 Move -ins: 2 Notices to Vacate: 0 Budget Comparison Notes: Operations: Operations for the month were a net $17,131.12 over budget for November. $114,772.47 over budget for YTD. Income • Income for the month of November $9,397.71 over budget for November and $56,623.08 over budget YTD. Expenses: • Overall expenses for November $4,445.87 under budget, $23,264.92 under budget YTD. • Maintenance $7,886.46 over budget for November and $74,685.66 over budget YTD. • Electricity under budget for November by $627.27 and $5,498.21 under budget YTD. • Gas under budget by $1,006.16 for November and $8,998.39 under budget YTD. • Cable Television under budget by $834.55 for November and $15,198.94 under budget YTD. • Water is $4,485.28 under budget YTD. NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR PARK VISTA. Page 8 of 54 EL SEGUNDO SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION 350 MAIN STREET, EL SEGUNDO, CA 90245 January 14, 2025 RE: Interest Income from Deposit with the City, per Agreement for Investment of Funds Dear President: The deposit and interest for the quarter/month ending is as follows: Q3-2024 November-24 Original Beginning balance at September 30, 2024 $ 1,285,894.21 Accrued: Interest (Posted quarterly) $ 13,842.70 Add: Deposits Transfer in 10/24/2024 $ 800,000.00 Less: Withdrawals As of TOTAL IN LAIF/CAMP - G/L# 504-101-0000-0004: 11/30/2024 - Revised $ 2,099,736.91 Accrued Interest (posted quarterly by the 15th day following quarter ): Interest Earned October @ 5.030% Actual CAMP for 31 days 5,493.41 Interest Earned November @ 4.870% Actual CAMP for 30 days 8,349.29 Interest Earned December @ Actual CAMP for 31 days - Accrued Interest quarter to date 13,842.70 Interest earned is based on the interest earnings rate the City of El Segundo received from the California Asset Management Program and the number of days the funds were held by the City during the given period. Per the understanding reached at the September 1997 meeting of the Board of Directors, interest will be credited to the account and compounded on a quarterly basis. Interest shown for each month is for your information only. If you have any questions, please do not hesitate to give me a call. Sincerely, Pr ti R. Maysc� Dino R. Marsocci Treasury & Customer Services Manager Cc: Paul Chung, Chief Financial Officer Eva Gettler, Accounting Supervisor Michael Allen, Community Development Director Neil Cadman, Facility Management for Park Vista Eduardo Schonborn, Planning Manager Venus Wesson, Sr. Admin Specialist Agnes Ho, Administrative Analyst PACity Treasurer\MEMOS & SIGNATURES\Senior Housing Reports\2025\SENIOR HOUSING REPORT 2025.x1s Page 9 of 54 Income Statement Cadman Group Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Owned By: El Segundo Senior Citizens Housing Corporation As of: Nov 2024 Accounting Basis: Cash Level of Detail: Detail View Include Zero Balance GL Accounts: No Account Name Selected Month % of Selected Month Operating Income & Expense Income RENT Rent Income 85,154.93 Parking Income 1,669.80 Passthrough Charges 0.00 Total RENT 86,824.73 Maintenance Charge 0.00 (Income Account) Prepayment 59.92 NSF Bank Fees 0.00 Collected Application Fee Income 0.00 Laundry Income 768.40 Miscellaneous Income 0.00 Total Operating Income 87,653.05 Expense Fire Service 0.00 Fire Extinguisher 0.00 Service Maintenance 25,386.46 Elevator service 0.00 Gardening 1,184.59 Management Fees 16,500.00 Pest Control 82.17 Insurance - Property 0.00 Earthquake Insurance 0.00 Licenses and Permits 20.00 Electricity 1,722.73 Gas 993.84 Water 0.00 Telephone/Internet 231.17 Cable/Television 5,415.45 Office Supplies 278.74 Advertising & 1,774.39 Promotion Legal Expenses 0.00 (Expense account) Bank Service Fees 0.00 Janitorial Service 0.00 Professional Fees 0.00 Year to Month End % of Year to Month End 97.15 1.91 0.00 888,008.17 17,908.99 -30.00 96.73 1.95 0.00 99.06 905,887.16 98.68 0.00 831.95 0.09 0.07 5,115.88 0.56 0.00 25.00 0.00 0.00 20.00 0.00 0.88 6,107.72 0.67 0.00 0.00 0.00 100.00 917,987.71 100.00 0.00 2,032.26 0.22 0.00 838.71 0.09 28.96 267,185.66 29.11 0.00 11,952.72 1.30 1.35 13,875.49 1.51 18.82 178,500.00 19.44 0.09 2,897.93 0.32 0.00 21,810.97 2.38 0.00 80,885.00 8.81 0.02 470.00 0.05 1.97 20,351.79 2.22 1.13 13,001.61 1.42 0.00 45,014.72 4.90 0.26 1,650.30 0.18 6.18 53,551.06 5.83 0.32 5,145.19 0.56 2.02 9,199.31 1.00 0.00 811.95 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,000.00 0.65 Created on 12/27/2024 PageP?Wdf 54 Income Statement Account Name Selected Month % of Selected Month Year to Month End % of Year to Month End Total Operating 53,589.54 61.14 735,174.67 80.09 Expense NOI - Net Operating 34,063.51 38.86 182,813.04 19.91 Income Other Income & Expense Other Income Interest on Bank 5,787.54 6.60 62,386.47 6.80 Accounts Total Other Income 5,787.54 6.60 62,386.47 6.80 Other Expense Capital Expenditures Plumbing 0.00 0.00 0.00 0.00 Total Capital 0.00 0.00 0.00 0.00 Expenditures Total Other Expense 0.00 0.00 0.00 0.00 Net Other Income 5,787.54 6.60 62,386.47 6.80 Total Income 93,440.59 106.60 980,374.18 106.80 Total Expense 53,589.54 61.14 735,174.67 80.09 Net Income 39,851.05 45.46 245,199.51 26.71 Created on 12/27/2024 PageP?gedf 54 Balance Sheet Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 As of: 11 /30/2024 Accounting Basis: Cash Include Zero Balance GL Accounts: No Account Name ASSETS Cash Cash in Bank Park Vista Reserve Account - LAIF Total Cash Tenant Account Receivable Building Improvements Equipment Furnishings Personal Property Accumulated Depreciation TOTAL ASSETS Balance 118,675.25 2,097,175.16 2,215,850.41 100.00 1,031,873.00 149,355.00 153,863.00 -0.05 -850,766.00 2,700,275.36 LIABILITIES & CAPITAL Liabilities Security Deposit Interest -530.00 Pet Deposit 4,325.00 Key Deposit 1,830.00 Security Deposit 77,232.00 Passthrough Cash Account -946.00 Accounts Payable 30,698.00 Total Liabilities 112,609.00 Capital Owner Contribution 35,996.00 Owner Distribution -35,996.00 Retained Earnings 118,794.95 Prior Years Retained Earnings 12,696.00 Calculated Retained Earnings 245,199.51 Calculated Prior Years Retained Earnings 2,210,975.90 Total Capital 2,587,666.36 TOTAL LIABILITIES & CAPITAL 2,700,275.36 Created on 12/27/2024 Pagepf2edf 54 Bill Detail Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Payees: All Payment Type: All Created By: All GL Accounts: All Bill Status: All Date Type: Bill Date Date Range: 11/01/2024 to 11/30/2024 Show Reversed Transactions: No Project: All Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 4550 - Application Fee Income 11/30/2024 11/30/2024 4550 - Park Vista - Cadman 0.00 20.00 Application Application 615 E. Holly Group Fee Income Fee Income Avenue El for 11/2024 Segundo, CA 90245 6210 - Maintenance 0.322786 11/04/2024 11/04/2024 6210 - Park Vista - 209 Montalvo, 220.00 0.00 6DBD-E940 11/25/2024 Replace Maintenance 615 E. Holly Uriel smoke alarm Avenue El and carbon Segundo, CA monoxide 90245 alarm in unit. 322779 11/04/2024 11/04/2024 6210 - Park Vista - Montalvo, 120.00 0.00 6DBD-E940 11/25/2024 Urgent repair Fence/Gate Maintenance 615 E. Holly Uriel to outside Avenue El parking gate. Segundo, CA 90245 0907241401 11/04/2024 11/04/2024 6210 - Park Vista - Stanley 3,034.40 0.00 3000000539 11/13/2024 Balance due Door Maintenance 615 E. Holly Access for building's Avenue El Technology front Segundo, CA entrance 90245 doors repairs including new parts and labor. 9231348528 11/05/2024 11/05/2024 6210 - Park Vista - HD Supply 82.53 0.00 5804 11/07/2024 Maintenance Maintenance 615 E. Holly supplies for Avenue El the building. Segundo, CA 90245 48066 11/05/2024 11/05/2024 6210 - Park Vista - Southbay 203.07 0.00 3000000543 11/25/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Created on 12/27/2024 PageP Sedf 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit Payee Name Avenue El Hardware Segundo, CA 90245 48096 11/05/2024 11/05/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 48112 11/05/2024 11/05/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9231404326 11/06/2024 11/06/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9231433117 11/07/2024 11/07/2024 6210 - Park Vista - 509 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9231433118 11/07/2024 11/07/2024 6210 - Park Vista - 509 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 37980 11/08/2024 11/08/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 37980 11/08/2024 11/08/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 Southbay Industrial Hardware Southbay Industrial Hardware HD Supply HD Supply HD Supply Cadman Group Cadman Group Work Order Paid Unpaid Check # Paid Date Description Issue vacancy prep #319, #505, #405 re- screens for windows, patio door, putty knife, utility blade, carpet and vinyl adhesive. 32.35 0.00 3000000543 11/25/2024 Maintenance supplies; white paint, clear spray paint, toilet tank parts. 27.16 0.00 3000000543 11/25/2024 Maintenance supplies; re- screen for window. 24.73 0.00 5804 11/07/2024 Janitor - supplies. 183.92 0.00 5805 109.49 0.00 5805 262.79 0.00 1108 41.60 0.00 1108 11/08/2024 New Kitchen faucet and supplies. 11/08/2024 Vacancy prep -New bathroom light fixture. 11/08/2024 Quill INV 40922375- Janitorial supplies 11/08/2024 Quill INV 41010697- Janitorial Supplies Created on 12/27/2024 Pagep?Wdf 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 37980 11/08/2024 11/08/2024 6210- Park Vista - Cadman 144.73 0.00 1108 11/08/2024 Quill INV Maintenance 615 E. Holly Group 41008096 - Avenue El Janitorial Segundo, CA supplies 90245 CC072358 11/12/2024 12/12/2024 6210 - Park Vista - Carpet 1,049.94 0.00 39CD-41330 12/12/2024 Vacancy prep Carpet Maintenance 615 E. Holly Concepts #509 studio; Avenue El new Segundo, CA commerial 90245 carpet in unit living area, linoleum in kitchen and bathroom area. 1123028 11/12/2024 11/12/2024 6210 - Park Vista - Fire Safety 1,298.03 0.00 CCDO-77D0 11/26/2024 Service call Maintenance 615 E. Holly First for fire panel Avenue El active Segundo, CA trouble; 90245 troubleshoot and locate a pull station/ module determined to be malfunctioning, replaced pull station and cleared trouble. Tested to verify proper function. 44190 11/14/2024 11/14/2024 6210 - Park Vista - 509 Total 5,242.00 0.00 CCD3-4340 11/26/2024 Vacancy prep Maintenance 615 E. Holly Maintenance studio #509; Avenue El Group, Inc. prepare, Segundo, CA primer and 90245 paint entire unit including cabinets, closets, patio floor and rails, installed new supplied appliances in kitchen, replace bathroom faucet and angle stops, Created on 12/27/2024 Pagep?Fdf 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue replace kitchen angle stops, replace ceiling fan. 44278 11/14/2024 11/14/2024 6210 - Park Vista - 317 Total 335.00 0.00 6DBF-8810 11/25/2024 Supply and Maintenance 615 E. Holly Maintenance replace Avenue El Group, Inc. bathroom Segundo, CA ceiling 90245 exhaust fan- light fixture. 0000961 11/14/2024 11/14/2024 6210 - Park Vista - Vazquez, 3,950.00 0.00 CCD1-F850 11/26/2024 Ordered, Maintenance 615 E. Holly Raul supplied and Avenue El installed (4) Segundo, CA new housed 90245 spring isolators 250lbs., rebuilt metal structure to hold the motor that was previously corroded, weld in place, primer and paint for protection. 0000962 11/14/2024 11/14/2024 6210 - Park Vista - Vazquez, 1,787.50 0.00 CCD1-F850 11/26/2024 Balance due Maintenance 615 E. Holly Raul for new Avenue El exhaust Segundo, CA turbine on 90245 garage roof replacement. 0000960 11/14/2024 11/14/2024 6210 - Park Vista - Vazquez, 500.00 0.00 9CO3-1000 12/10/2024 Replaced Maintenance 615 E. Holly Raul 2'x6' wood Avenue El frame Segundo, CA damaged by 90245 termites previously where the exhaust turbine sits, installed treatment for termites on it's platform. 11/18/2024 11/18/2024 6210 - Park Vista - 220 HD Supply 87.58 0.00 5806 11/26/2024 New toilet Created on 12/27/2024 Pagep?Wdf 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue Maintenance 615 E. Holly seat. Avenue El Segundo, CA 90245 9231735934 11/18/2024 11/18/2024 6210 - Park Vista - 214 HD Supply 180.66 0.00 5806 11/26/2024 New Kitchen Maintenance 615 E. Holly faucet and Avenue El supplies. Segundo, CA 90245 9231735935 11/18/2024 11/18/2024 6210 - Park Vista - 306 HD Supply 142.34 0.00 5806 11/26/2024 New kitchen Maintenance 615 E. Holly faucet Avenue El Segundo, CA 90245 9231700485 11/18/2024 11/18/2024 6210 - Park Vista - HD Supply 173.93 0.00 5806 11/26/2024 Maintenance Maintenance 615 E. Holly supplies. Avenue El Segundo, CA 90245 0907256272 11/18/2024 11/18/2024 6210 - Park Vista - Stanley 3,814.79 0.00 3000000544 11/26/2024 Additional Door Maintenance 615 E. Holly Access new parts Avenue El Technology supplied + Segundo, CA labor to 90245 install; motor, gearbox, controller for front entrance door to building. 44282 11/18/2024 11/18/2024 6210 - Park Vista - 509 Total 255.00 0.00 9C04-DBCO 12/10/2024 Vacancy prep Maintenance 615 E. Holly Maintenance #509; entire Avenue El Group, Inc. unit cleaning Segundo, CA after work 90245 done in studio unit. 9231841989 11/22/2024 11/22/2024 6210 - Park Vista - HD Supply 147.81 0.00 5806 11/26/2024 Maintenance Maintenance 615 E. Holly supplies; new Avenue El kitchen sink Segundo, CA 1-handle 90245 faucets. 9231798974 11/22/2024 11/22/2024 6210 - Park Vista - HD Supply 70.06 0.00 5806 11/26/2024 Maintenance Maintenance 615 E. Holly supplies; Avenue El plastic Segundo, CA gloves, 90245 packages of light bulbs, trash bags. Created on 12/27/2024 Pagepl?e& 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 113800 11/22/2024 11/22/2024 6210- Park Vista - Montalvo, 45.00 0.00 9C06-7DE0 12/10/2024 Replaced Maintenance 615 E. Holly Uriel ceiling Avenue El lightbulb by Segundo, CA back 90245 elevator. 113799 11/22/2024 11/22/2024 6210 - Park Vista - Montalvo, 150.00 0.00 9C06-7DE0 12/10/2024 Replaced Maintenance 615 E. Holly Uriel ceiling light Avenue El ballast on Segundo, CA 2nd to 3rd 90245 floor front stairway. 113796 11/22/2024 11/22/2024 6210 - Park Vista - 401 Montalvo, 45.00 0.00 9C06-7DE0 12/10/2024 Garbage Maintenance 615 E. Holly Uriel disposal Avenue El repair after Segundo, CA clog cleared. 90245 113795 11/22/2024 11/22/2024 6210 - Park Vista - 214 Montalvo, 250.00 0.00 39CF-3A60 12/12/2024 Replaced Maintenance 615 E. Holly Uriel kitchen Avenue El faucet and Segundo, CA installed (2) 90245 water supply line adapters. 127852 11/25/2024 11/25/2024 6210 - Park Vista - 417 Montalvo, 250.00 0.00 39CF-3A60 12/12/2024 Snaked main Maintenance 615 E. Holly Uriel kitchen line to Avenue El main line to Segundo, CA clear deep 90245 clog affecting stack of units. 127851 11/25/2024 11/25/2024 6210 - Park Vista - 328 Montalvo, 35.00 0.00 39CF-3A60 12/12/2024 Repair Maintenance 615 E. Holly Uriel window Avenue El screen in unit Segundo, CA bedroom. 90245 38016 11/26/2024 11/26/2024 6210 - Park Vista - Cadman 262.79 0.00 ACH 11/26/2024 Quill INV Maintenance 615 E. Holly Group 41432989 - Avenue El Bissell Segundo, CA Upright 90245 Vacuum 38016 11/26/2024 11/26/2024 6210 - Park Vista - Cadman 143.38 0.00 ACH 11/26/2024 Quill INV Maintenance 615 E. Holly Group 41474320- Avenue El cleaning Segundo, CA supplies 90245 38016 11/26/2024 11/26/2024 6210 - Park Vista - Cadman 62.50 0.00 ACH 11/26/2024 IT Service - Maintenance 615 E. Holly Group troubleshoot Avenue El Email for Segundo, CA George Created on 12/27/2024 PageplSe6f 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 90245 9231700486 11/26/2024 11/26/2024 6210 - Park Vista - HD Supply 112.40 0.00 5808 12/06/2024 Maintenance Maintenance 615 E. Holly supplies for Avenue El the building. Segundo, CA 90245 243266 11/26/2024 11/26/2024 6210 - Park Vista - The Stanley 1,390.00 0.00 C8A4-7BE0 11/27/2024 Yearly Maintenance 615 E. Holly Louis maintenance Avenue El Company contract for Segundo, CA boilers on 90245 roof. 29236 11/26/2024 11/26/2024 6210 - Park Vista - TRIANGLE 110.00 0.00 39D1-79D0 12/12/2024 Replaced old, Heater Maintenance 615 E. Holly AIR SYSTEM bad Avenue El OR VLAD thermostat Segundo, CA BALAS with new 90245 digital one, redo wiring behind the wall, change out air filter, test unit's operation for both cycles. 29227 11/26/2024 11/26/2024 6210 - Park Vista - TRIANGLE 1,100.00 0.00 39D1-79D0 12/12/2024 Urgent repair Air Maintenance 615 E. Holly AIR SYSTEM to A/C room Conditioner Avenue El OR VLAD motor; Segundo, CA BALAS replaced 90245 blown out fan with new fan motor, 1/3 horse power, adjusted scroll cage and shaft, cleaned motor's housing, redo wiring connections and install new capacitor, 3 year warranty on new motor. 29522 11/26/2024 11/26/2024 6210 - Park Vista - TRIANGLE 185.00 0.00 39D1-79D0 12/12/2024 Clean duct Not Maintenance 615 E. Holly AIR SYSTEM system Maintenance Avenue El OR VLAD Related Segundo, CA BALAS Created on 12/27/2024 Pagep?Wdf 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 90245 9232051805 11/27/2024 11/27/2024 6210 - Park Vista - HD Supply 89.70 0.00 5808 12/06/2024 Maintenance Maintenance 615 E. Holly supplies. Avenue El Segundo, CA 90245 27,752.18 0.00 6250 - Gardening 6442 11/04/2024 11/04/2024 6250 - Park Vista - Octavio 1,184.59 0.00 948E-F4A0 11/04/2024 Monthly Gardening 615 E. Holly Rojas Service - Avenue El Landscaping October Segundo, CA 90245 6270 - Management Fees 11/08/2024 11/08/2024 6270 - Park Vista - Cadman 16,500.00 0.00 ACH 11/08/2024 Management Management 615 E. Holly Group Fees for 11/ Fees Avenue El 2024 Segundo, CA 90245 6315 - Pest Control 452781694 11/04/2024 11/04/2024 6315 - Pest Park Vista - Terminix 82.17 0.00 3000000536 11/04/2024 Monthly Control 615 E. Holly Service - Avenue El November Segundo, CA 90245 6384 - Licenses and Permits 38004 11/12/2024 11/12/2024 6384 - Park Vista - Cadman 20.00 0.00 1112 11/12/2024 CA Sec of Licenses and 615 E. Holly Group State renewal Permits Avenue El Segundo, CA 90245 6410 - Electricity 700394170456 11/13/2024 11/13/2024 6410 - Park Vista - Edison 1,608.88 0.00 3000000540 11/14/2024 service 10/ Electricity 615 E. Holly 10/24-11/7/ Avenue El 24 Segundo, CA 90245 700587779325 11/14/2024 11/14/2024 6410 - Park Vista - Edison 113.85 0.00 3000000541 11/14/2024 service 10/ Electricity 615 E. Holly 10/24-11/7/ Avenue El 24 Segundo, CA Created on 12/27/2024 PageF�Oe& 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Work Order Issue 90245 1,722.73 0.00 6420 - Gas 056 105 11/08/2024 11/08/2024 6420 - Gas Park Vista - SoCalGas 993.84 0.00 3000000537 11/08/2024 service 10/2/ 32003 615 E. Holly 24-10/30/24 Avenue El Segundo, CA 90245 6430 - Water 075-18411-000 11/17/2024 11/17/2024 6430 - Water Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 6445 - Telephone/Internet 8448 30 006 11/18/2024 11/18/2024 6445 - Park Vista - 0397046 Telephone/ 615 E. Holly Internet Avenue El Segundo, CA 90245 6455 - Cable/Television 37981 11/08/2024 11/08/2024 6455 - Cable/ Park Vista - Television 615 E. Holly Avenue El Segundo, CA 90245 8448 30 006 11/14/2024 11/14/2024 6455-Cable/ Park Vista - 0017008 Television 615 E. Holly Avenue El Segundo, CA 90245 11/19/2024 11/19/2024 6455-Cable/ Park Vista - Television 615 E. Holly Avenue El Segundo, CA 90245 7420 - Office Supplies 37980 11/08/2024 11/08/2024 7420 - Office Park Vista - Supplies 615 E. Holly Created on 12/27/2024 City of El 81.32 Segundo - Water Spectrum 231.17 Cadman 19.86 Group Spectrum 5,366.40 Spectrum 29.19 Cadman Group 5,415.45 128.04 0.00 ACH 12/17/2024 service 9/16/ 24-11 /14/24 0.00 ACH 11/27/2024 service 11/8/ 24-12/7/24 0.00 1108 11/08/2024 Spectrum - Gym account 0.00 3000000542 11/18/2024 service 11/4/ 24-12/3/24 0.00 ACH 11/19/2024 Office 0.00 0.00 1108 11/08/2024 Quill INV 41201389- PageP2ge(9f 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit Avenue El Segundo, CA 90245 37996 11/12/2024 11/12/2024 7420 - Office Park Vista - Supplies 615 E. Holly Avenue El Segundo, CA 90245 38016 11/26/2024 11/26/2024 7420 - Office Park Vista - Supplies 615 E. Holly Avenue El Segundo, CA 90245 7450 - Advertising & Promotion 37981 11/08/2024 11/08/2024 7450- Park Vista - Advertising & 615 E. Holly Promotion Avenue El Segundo, CA 90245 37981 11/08/2024 11/08/2024 7450 - Park Vista - Advertising & 615 E. Holly Promotion Avenue El Segundo, CA 90245 Total Work Order Payee Name Paid Unpaid Check # Paid Date Description Issue coffee supplies and kitchen supplies Cadman 49.06 0.00 1112 11/12/2024 Printing for Group October Board Meeting Cadman 101.64 0.00 ACH 11/26/2024 Quill INV Group 41410640- kitchen supplies 278.74 0.00 Cadman 1,127.95 0.00 1108 11/08/2024 PV Group Anniversary Party Catering balance Cadman 646.44 0.00 1108 11/08/2024 Anniversary Group Party gift cards and supplies for decor 1,774.39 0.00 56,036.58 20.00 Created on 12/27/2024 Pagga221Sf 54 Budget - Comparative Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Period Range: Nov 2024 to Nov 2024 Comparison Period Range: Nov 2023 to Nov 2023 Additional Account Types: Asset, Cash, Liability, Capital Accounting Basis: Cash Level of Detail: Detail View Account Name Period Actual Period Budget Period $ Variance Period % Variance Income RENT Rent Income 85,154.93 78,690.00 Parking Income 1,669.80 1,622.00 Total RENT 86,824.73 80,312.00 Vacancy 0.00 -2,916.66 Prepayment 59.92 0.00 Laundry Income 768.40 860.00 Total Budgeted 87,653.05 78,255.34 Operating Income 6,464.93 47.80 6,512.73 2,916.66 59.92 8.22% 2.95% 8.11 % 100.00% 0.00% -10.65% 12.01 % Comparison Actual 77,036.00 0.00 555.12 Comparison Budget 69,000.00 1,550.00 70,550.00 -2,916.66 0.00 Comparison $ Variance 8,036.00 72.00 8,108.00 2,916.66 555.12 Comparison % Variance 11.65% 4.65% 11.49% 100.00% 0.00% 165.23% 18.12% Expense Fire Service 0.00 833.33 833.33 100.00% 6,526.81 833.33 -5,693.48 -683.22% Fire Extinguisher 0.00 0.00 0.00 0.00% 1,412.78 0.00 -1,412.78 0.00% Service Maintenance 25,386.46 17,500.00 -7,886.46 -45.07% 9,575.86 17,500.00 7,924.14 45.28% Elevator service 0.00 1,250.00 1,250.00 100.00% 0.00 1,000.00 1,000.00 100.00% Gardening 1,184.59 1,750.00 565.41 32.31% 1,184.59 1,458.33 273.74 18.77% Management 16,500.00 16,500.00 0.00 0.00% 16,500.00 16,000.00 -500.00 -3.13% Fees Pest Control 82.17 500.00 417.83 83.57% 175.00 500.00 325.00 65.00% Licenses and 20.00 50.00 30.00 60.00% 0.00 54.16 54.16 100.00% Permits Electricity 1,722.73 2,350.00 627.27 26.69% 1,954.55 2,250.00 295.45 13.13% Gas 993.84 2,000.00 1,006.16 50.31% 996.88 2,250.00 1,253.12 55.69% Water 0.00 4,500.00 4,500.00 100.00% 0.00 4,583.33 4,583.33 100.00% Telephone/ 231.17 2,750.00 2,518.83 91.59% 4,260.85 2,500.00 -1,760.85 -70.43% Internet Cable/Television 5,415.45 6,250.00 834.55 13.35% 2,319.70 6,250.00 3,930.30 62.88% Office Supplies 278.74 400.00 121.26 30.31% 0.00 250.00 250.00 100.00% Created on 12/27/2024 PageP29edf 54 Budget - Comparative Account Name Period Actual Period Budget Period $ Variance Period % Variance Advertising & 1,774.39 450.00 -1,324.39 -294.31% Promotion Legal Expenses 0.00 300.00 300.00 100.00% (Expense account) Bank Service 0.00 6.25 6.25 100.00% Fees Postage 0.00 20.83 20.83 100.00% Professional Fees 0.00 625.00 625.00 100.00% Total Budgeted 53,589.54 58,035.41 4,445.87 7.66% Operating Expense Total Budgeted 87,653.05 78,255.34 9,397.71 12.01 % Operating Income Total Budgeted 53,589.54 58,035.41 4,445.87 7.66% Operating Expense NOI - Net 34,063.51 20,219.93 13,843.58 68.47% Operating Income Other Income Interest on Bank 5,787.54 2,500.00 3,287.54 131.50% Accounts Total Budgeted 5,787.54 2,500.00 3,287.54 131.50% Other Income Net Other Income 5,787.54 2,500.00 3,287.54 131.50% Total Budgeted 93,440.59 80,755.34 12,685.25 15.71 % Income Total Budgeted 53,589.54 58,035.41 4,445.87 7.66% Expense Net Income 39,851.05 22,719.93 17,131.12 75.40% Cash Cash in Bank 35,132.51 0.00 -35,132.51 0.00% Park Vista 5,787.54 0.00 -5,787.54 0.00% Reserve Account Created on 12/27/2024 Comparison Comparison Comparison $ Comparison % Actual Budget Variance Variance 0.00 250.00 250.00 100.00% 0.00 0.00 0.00 0.00% 0.00 6.25 6.25 100.00% 0.00 20.83 20.83 100.00% 0.00 625.00 625.00 100.00% 44,907.02 56,331.23 11,424.21 20.28% 80,428.77 68,091.67 12,337.10 18.12% 44,907.02 56,331.23 11,424.21 20.28% 35,521.75 11,760.44 23,761.31 202.04% 5,584.80 1,875.00 3,709.80 197.86% 5,584.80 1,875.00 3,709.80 197.86% 5,584.80 1,875.00 3,709.80 197.86% 86,013.57 69,966.67 16,046.90 22.94% 44,907.02 56,331.23 11,424.21 20.28% 41,106.55 13,635.44 27,471.11 201.47% 35,281.75 0.00 -35,281.75 0.00% 5,584.80 0.00 -5,584.80 0.00% PageFNedf 54 Budget - Comparative Comparison Comparison Comparison $ Comparison % Account Name Period Actual Period Budget Period $ Variance Period % Variance Actual Budget Variance Variance - LAIF Total Budgeted 40,920.05 0.00 -40,920.05 0.00% 40,866.55 0.00 -40,866.55 0.00% Cash Liability Key Deposit 30.00 0.00 30.00 0.00% 30.00 0.00 30.00 0.00% Security Deposit 1,039.00 0.00 1,039.00 0.00% -270.00 0.00 -270.00 0.00% Total Budgeted 1,069.00 0.00 1,069.00 0.00% -240.00 0.00 -240.00 0.00% Liability Created on 12/27/2024 PageP2' W& 54 0 CADMAN ROUP PARK VISTA Financial Reporting Analysis December 2024 Gross Income: $94,612.86 Gross Expenses: $51,6792.11 Expenses for the month were normal except for the following: • Maintenance of $11,376.81. Normal operations with no major vacancy work, one carpet for a vacated unit, and a new appliance. • Water bills of $11,992.54 in December. Net Income: $42,920.75 Total Account Balances: $2,261,332.91 NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR PARK VISTA. Page 26 of 54 Total number of vacancies for the month: 100% occupied on 12/1/2024 100% occupied on 12/31/2024 Move -outs: 0 Move -ins: 0 Notices to Vacate: 0 Budget Comparison Notes: Operations: Operations for the month were a net $20,200.82 over budget for December. $137.537.04 over budget for the entire 2024. Income • Income for the month of December $7,977.94 over budget for December and $64,601.02 over budget for 2024. Expenses: • Overall expenses for December $6,343.30 under budget, $29,608.22 under budget for 2024. • Maintenance $6,123.19 under budget for December and $68,562.47 over budget YTD. • Electricity under budget for December by $561.61 and $6,059.82 under budget YTD. • Gas under budget by $2,000.00 (no bills received) for December and $10,998.39 under budget YTD. • Cable Television under budget by $623.24 for December and $15,822.18 under budget YTD. • Water is $3,007.26 over budget for 2024. NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR PARK VISTA. Page 27 of 54 EL SEGUNDO SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION 350 MAIN STREET, EL SEGUNDO, CA 90245 January 14, 2025 RE: Interest Income from Deposit with the City, per Agreement for Investment of Funds Dear President: The deposit and interest for the quarter/month ending is as follows: Q3-2024 December-24 Original Beginning balance at September 30, 2024 $ 1,285,894.21 Accrued: Interest (Posted quarterly) $ 22,222.28 Add: Deposits Transfer in 10/24/2024 $ 800,000.00 Less: Withdrawals As of TOTAL IN LAIF/CAMP - G/L# 504-101-0000-0004: 12/31/2024 $ 2,108,116.49 Accrued Interest (posted quarterly by the 15th day following quarter ): Interest Earned October @ 5.030% Actual CAMP for 31 days 5,493.41 Interest Earned November @ 4.870% Actual CAMP for 30 days 8,349.29 Interest Earned December @ 4.730% Actual CAMP for 31 days 8,379.58 Accrued Interest quarter to date 22,222.28 Interest earned is based on the interest earnings rate the City of El Segundo received from the California Asset Management Program and the number of days the funds were held by the City during the given period. Per the understanding reached at the September 1997 meeting of the Board of Directors, interest will be credited to the account and compounded on a quarterly basis. Interest shown for each month is for your information only. If you have any questions, please do not hesitate to give me a call. Sincerely, Pr ti R. Ma4-cc� Dino R. Marsocci Treasury & Customer Services Manager Cc: Paul Chung, Chief Financial Officer Eva Gettler, Accounting Supervisor Michael Allen, Community Development Director Neil Cadman, Facility Management for Park Vista Eduardo Schonborn, Planning Manager Venus Wesson, Sr. Admin Specialist Agnes Ho, Administrative Analyst PACity Treasurer\MEMOS & SIGNATURES\Senior Housing Reports\2025\SENIOR HOUSING REPORT 2025.x1s Page 28 of 54 Income Statement Cadman Group Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Owned By: El Segundo Senior Citizens Housing Corporation As of: Dec 2024 Accounting Basis: Cash Level of Detail: Detail View Include Zero Balance GL Accounts: No Account Name Selected Month % of Selected Month Operating Income & Expense Income RENT Rent Income 85,813.00 Parking Income 1,654.99 Passthrough Charges 0.00 Total RENT 87,467.99 Maintenance Charge 0.00 (Income Account) Prepayment -1,742.04 NSF Bank Fees 50.00 Collected Application Fee Income -20.00 Laundry Income 477.33 Miscellaneous Income 0.00 Total Operating Income 86,233.28 Expense Fire Service 255.00 Fire Extinguisher 0.00 Service Maintenance 11,376.81 Elevator service 1,614.12 Gardening 1,459.49 Management Fees 16,500.00 Pest Control 257.17 Insurance - Property 0.00 Earthquake Insurance 0.00 Licenses and Permits 0.00 Electricity 1,788.39 Gas 0.00 Water 11,992.54 Telephone/Internet 0.00 Cable/Television 5,626.76 Office Supplies 809.83 Advertising & 0.00 Promotion Legal Expenses 0.00 (Expense account) Bank Service Fees 12.00 Postage 0.00 Janitorial Service 0.00 Year to Month End % of Year to Month End 99.51 973,821.17 96.97 1.92 19,563.98 1.95 0.00 -30.00 0.00 101.43 993,355.15 98.92 0.00 831.95 0.08 -2.02 3,373.84 0.34 0.06 75.00 0.01 -0.02 0.00 0.00 0.55 6,585.05 0.66 0.00 0.00 0.00 100.00 1,004,220.99 100.00 0.30 2,287.26 0.23 0.00 838.71 0.08 13.19 278,562.47 27.74 1.87 13,566.84 1.35 1.69 15,334.98 1.53 19.13 195,000.00 19.42 0.30 3,155.10 0.31 0.00 21,810.97 2.17 0.00 80,885.00 8.05 0.00 470.00 0.05 2.07 22,140.18 2.20 0.00 13,001.61 1.29 13.91 57,007.26 5.68 0.00 1,650.30 0.16 6.53 59,177.82 5.89 0.94 5,955.02 0.59 0.00 9,199.31 0.92 0.00 811.95 0.08 0.01 12.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Created on 01/15/2025 PageP2Wdf 54 Income Statement Account Name Professional Fees Total Operating Expense NOI - Net Operating Income Other Income & Expense Other Income Interest on Bank Accounts Total Other Income Other Expense Capital Expenditures Plumbing Total Capital Expenditures Total Other Expense Net Other Income Total Income Total Expense Net Income Selected Month % of Selected Month Year to Month End % of Year to Month End 0.00 0.00 6,000.00 0.60 51,692.11 59.94 786,866.78 78.36 34,541.17 40.06 217,354.21 21.64 8,379.58 9.72 73,327.80 8,379.58 9.72 73,327.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,379.58 9.72 73,327.80 94,612.86 109.72 1,077,548.79 51,692.11 59.94 786,866.78 42,920.75 49.77 290,682.01 7.30 7.30 0.00 0.00 0.00 7.30 107.30 78.36 28.95 Created on 01/15/2025 PageF3W& 54 Balance Sheet Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 As of: 12/31 /2024 Accounting Basis: Cash Include Zero Balance GL Accounts: No Account Name ASSETS Cash Cash in Bank Park Vista Reserve Account - LAIF Total Cash Tenant Account Receivable Building Improvements Equipment Furnishings Personal Property Accumulated Depreciation TOTAL ASSETS Balance 153,216.42 2,108,116.49 2,261,332.91 100.00 1,031,873.00 149,355.00 153,863.00 -0.05 -850,766.00 2,745,757.86 LIABILITIES & CAPITAL Liabilities Security Deposit Interest -530.00 Pet Deposit 4,325.00 Key Deposit 1,830.00 Security Deposit 77,232.00 Passthrough Cash Account -946.00 Accounts Payable 30,698.00 Total Liabilities 112,609.00 Capital Owner Contribution 35,996.00 Owner Distribution -35,996.00 Retained Earnings 118,794.95 Prior Years Retained Earnings 12,696.00 Calculated Retained Earnings 290,682.01 Calculated Prior Years Retained Earnings 2,210,975.90 Total Capital 2,633,148.86 TOTAL LIABILITIES & CAPITAL 2,745,757.86 Created on 01/15/2025 PageP3gedf 54 Bill Detail Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Payees: All Payment Type: All Created By: All GL Accounts: All Bill Status: All Date Type: Bill Date Date Range: 12/01/2024 to 12/31/2024 Show Reversed Transactions: No Project: All Reference Bill Date Due Date GL Account Property Unit 4100 - Rent Income 12/05/2024 12/05/2024 4100 - Rent Park Vista - 216 Income 615 E. Holly Avenue El Segundo, CA 90245 6000 - Fire Service 1123621 12/06/2024 12/06/2024 6000 - Fire Park Vista - Service 615 E. Holly Avenue El Segundo, CA 90245 6210 - Maintenance 127884 12/01/2024 12/01/2024 6210 - Park Vista - 110 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 127877 12/01/2024 12/01/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 127876 12/01/2024 12/01/2024 6210 - Park Vista - 201 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 Payee Name Paid Unpaid Check # Paid Date Description Work Order Issue Berry , Judith 976.12 0.00 5807 12/05/2024 For over A. payment of Dec rent Fire Safety First Montalvo, Uriel Montalvo, Uriel Montalvo, Uriel 255.00 0.00 FF86-F630 12/06/2024 Quarterly Monitoring 220.00 0.00 6EC7-9530 12/20/2024 Snaked main kitchen drain line to clear deep clog under unit to garage. 95.00 0.00 6EC7-9530 12/20/2024 Checked and fixed (3) ceiling lights in rec room. 110.00 0.00 6EC7-9530 12/20/2024 Checked wall heater and replaced wall thermostat, left unit properly working. Created on 01/15/2025 PageF�12edf 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit 127875 12/01/2024 12/01/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 127874 12/01/2024 12/01/2024 6210 - Park Vista - 509 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232225526 12/06/2024 12/06/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232117734 12/06/2024 12/06/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232117735 12/06/2024 12/06/2024 6210 - Park Vista - 315 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232066551 12/06/2024 12/06/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232066552 12/06/2024 12/06/2024 6210 - Park Vista - 327 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232066553 12/06/2024 12/06/2024 6210 - Park Vista - 327 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232066554 12/06/2024 12/06/2024 6210 - Park Vista - Created on 01/15/2025 Work Order Payee Name Paid Unpaid Check # Paid Date Description Issue Montalvo, 250.00 0.00 6EC7-9530 12/20/2024 Replaced (2) Uriel wall mounting light fixtures on 5th floor deck, fixed dusk -to -dawn sensor. Montalvo, 295.00 0.00 6EC7-9530 12/20/2024 Repaired Uriel front door, removed and realigned front door to open and close properly again. HD Supply 287.10 0.00 5808 12/06/2024 Maintenance supplies for the building. HD Supply 118.18 0.00 5808 12/06/2024 Maintenance supplies. HD Supply 129.35 0.00 5808 12/06/2024 New door closer HD Supply 52.52 0.00 5808 12/06/2024 Maintenance supplies for the building. HD Supply 1,072.01 0.00 5809 12/10/2024 New Gas Range. HD Supply HD Supply 58.02 0.00 5808 12/06/2024 New gas line connector 33.50 0.00 5809 12/10/2024 Maintenance PageF33ec$f 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue Maintenance 615 E. Holly supplies. Avenue El Segundo, CA 90245 199005 12/06/2024 12/06/2024 6210 - Park Vista - 311 Montalvo, 180.00 0.00 6EC7-9530 12/20/2024 Snaked toilet Maintenance 615 E. Holly Uriel to main line Avenue El to clear clog Segundo, CA affecting 90245 stack of units. 199002 12/06/2024 12/06/2024 6210 - Park Vista - 416 Montalvo, 220.00 0.00 5410-FBDO 12/23/2024 Snaked toilet Toilet Clog Maintenance 615 E. Holly Uriel to clear to Avenue El main line clog Segundo, CA between 90245 units. 127899 12/06/2024 12/06/2024 6210 - Park Vista - 309 Montalvo, 180.00 0.00 5410-FBDO 12/23/2024 Repaired Toilet Is Maintenance 615 E. Holly Uriel running toilet, Running Avenue El new tank Continuously Segundo, CA parts, fill 90245 valve. 127895 12/06/2024 12/06/2024 6210 - Park Vista - 316 Montalvo, 250.00 0.00 5410-FBDO 12/23/2024 Urgent call; Maintenance 615 E. Holly Uriel snaked Avenue El kitchen sink Segundo, CA to main line 90245 to clear clog between stack of units. 127890 12/06/2024 12/06/2024 6210 - Park Vista - 314 Montalvo, 250.00 0.00 5410-FBDO 12/23/2024 Emergency Drain/Pipe Maintenance 615 E. Holly Uriel weekend call; Clog Avenue El cleared Segundo, CA kitchen sink 90245 clog by snaking to main line, cleaned up overflow. 9232405702 12/11/2024 12/11/2024 6210 - Park Vista - HD Supply 108.15 0.00 5810 12/12/2024 Maintenance Maintenance 615 E. Holly supplies; Avenue El trash bags, Segundo, CA mailbox lock. 90245 199006 12/11/2024 12/11/2024 6210 - Park Vista - 306 Montalvo, 250.00 0.00 74D3-CD10 01/06/2025 Replaced Maintenance 615 E. Holly Uriel kitchen Avenue El faucet and Segundo, CA installed (2) 90245 supply line adapters. 48122 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 194.64 0.00 3000000547 12/12/2024 Maintenance Created on 01/15/2025 PageF34edf 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue Maintenance 615 E. Holly Industrial supplies; Avenue El Hardware stucco Segundo, CA materials, 90245 window screen, paint. 48147 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 93.86 0.00 3000000547 12/12/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Avenue El Hardware plumbing Segundo, CA supply parts. 90245 48150 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 27.16 0.00 3000000547 12/12/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Re - Avenue El Hardware screen. Segundo, CA 90245 48157 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 126.26 0.00 3000000547 12/12/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Re - Avenue El Hardware screens (2). Segundo, CA 90245 48165 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 50.34 0.00 3000000547 12/12/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Avenue El Hardware ceiling Segundo, CA texture spray, 90245 flex seal spray. 48170 12/11/2024 12/11/2024 6210 - Park Vista - Southbay 58.99 0.00 3000000547 12/12/2024 Maintenance Maintenance 615 E. Holly Industrial supplies; Avenue El Hardware silicone for Segundo, CA concrete, 90245 plastic cutter. 38141 12/12/2024 12/12/2024 6210 - Park Vista - Cadman 11.82 0.00 ACH 12/12/2024 Quill INV Maintenance 615 E. Holly Group 41581538 - Avenue El janitorial Segundo, CA supplies 90245 38141 12/12/2024 12/12/2024 6210 - Park Vista - Cadman 41.60 0.00 ACH 12/12/2024 Quill INV Maintenance 615 E. Holly Group 41605736 - Avenue El cleaning Segundo, CA supplies 90245 38141 12/12/2024 12/12/2024 6210 - Park Vista - Cadman 45.98 0.00 ACH 12/12/2024 Quill INV Maintenance 615 E. Holly Group 41600964 Avenue El Segundo, CA 90245 9232539606 12/16/2024 12/16/2024 6210 - Park Vista - HD Supply 101.61 0.00 5812 12/23/2024 Maintenance Created on 01/15/2025 PageF3F0'f 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue Maintenance 615 E. Holly supplies for Avenue El the building. Segundo, CA 90245 199035 12/16/2024 12/16/2024 6210 - Park Vista - 216 Montalvo, 220.00 0.00 74D3-CD10 01/06/2025 Replaced Maintenance 615 E. Holly Uriel carbon Avenue El monoxide/ Segundo, CA smoke 90245 detector in unit. 199034 12/16/2024 12/16/2024 6210 - Park Vista - Montalvo, 250.00 0.00 74D3-CD10 01/06/2025 Repaired Maintenance 615 E. Holly Uriel leak in 3rd Avenue El floor hallway Segundo, CA ceiling and 90245 removed water damaged drywall. 199023 12/16/2024 12/16/2024 6210 - Park Vista - 315 Montalvo, 180.00 0.00 EOA4-C600 01/09/2025 Replaced Maintenance 615 E. Holly Uriel front door Avenue El self -closing Segundo, CA arm. 90245 199019 12/16/2024 12/16/2024 6210 - Park Vista - 418 Montalvo, 295.00 0.00 EOA4-C600 01/09/2025 Removed Maintenance 615 E. Holly Uriel door and re - Avenue El aligned front Segundo, CA entrance 90245 door to unit to open and close properly again. 199017 12/16/2024 12/16/2024 6210 - Park Vista - 327 Montalvo, 180.00 0.00 EOA4-C600 01/09/2025 Removed Maintenance 615 E. Holly Uriel cooking Avenue El range, Segundo, CA assembled 90245 new cooking range, installed new gas fitting and gas hose, installed new range, hauled away old range. 97903291 12/16/2024 12/16/2024 6210 - Park Vista - Tremco 1,531.50 0.00 5811 12/17/2024 Patch and Maintenance 615 E. Holly Roofing & repair work Created on 01/15/2025 Pagel`V& 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit Avenue El Segundo, CA 90245 S134796-CL1 12/17/2024 12/17/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232653582 12/23/2024 12/23/2024 6210 - Park Vista - 220 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232653583 12/23/2024 12/23/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232653584 12/23/2024 12/23/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 9232622781 12/23/2024 12/23/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 199018 12/23/2024 12/23/2024 6210 - Park Vista - 327 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 S134796-CL3 12/23/2024 12/23/2024 6210 - Park Vista - Maintenance 615 E. Holly Avenue El Segundo, CA 90245 249321 12/26/2024 12/26/2024 6210 - Park Vista - 319 Maintenance 615 E. Holly Avenue El Segundo, CA 90245 342730 12/30/2024 12/30/2024 6210 - Park Vista - 206 Maintenance 615 E. Holly Created on 01/15/2025 Work Order Payee Name Paid Unpaid Check # Paid Date Description Issue Building on roof. Maintenance The Chute 878.00 0.00 3000000548 12/20/2024 Quarterly Doctor service to building trash chutes, deep cleaning and trash room cleanings. HD Supply 45.97 0.00 5813 01/06/2025 New grab bars for bathroom. HD Supply 122.32 0.00 5813 01/06/2025 Maintenance supplies. HD Supply 18.79 0.00 5813 01/06/2025 Maintenance supplies. HD Supply 87.56 0.00 5813 01/06/2025 Maintenance supplies. Montalvo, 0.00 150.00 Uriel The Chute 0.00 878.00 Chute Doctor cleaning service 6/4/ 24 Industrial 129.18 0.00 3000000552 12/27/2024 Lock & Security Inc. Montalvo, 0.00 150.00 Uriel PageFVe6f 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue Avenue El Segundo, CA 90245 342729 12/30/2024 12/30/2024 6210 - Park Vista - 221 Montalvo, 0.00 110.00 Maintenance 615 E. Holly Uriel Avenue El Segundo, CA 90245 342727 12/30/2024 12/30/2024 6210 - Park Vista - 501 Montalvo, 0.00 150.00 Maintenance 615 E. Holly Uriel Avenue El Segundo, CA 90245 342718 12/30/2024 12/30/2024 6210 - Park Vista - 206 Montalvo, 0.00 290.00 Maintenance 615 E. Holly Uriel Avenue El Segundo, CA 90245 342714 12/30/2024 12/30/2024 6210 - Park Vista - 311 Montalvo, 0.00 220.00 Maintenance 615 E. Holly Uriel Avenue El Segundo, CA 90245 8,849.41 1,948.00 6245 - Elevator service 151401805548 12/23/2024 12/23/2024 6245 - Park Vista - Amtech 1,614.12 0.00 5413-6950 12/23/2024 Service 1/1/ Elevator 615 E. Holly Elevator 24 - 3/31/25 service Avenue El Service Segundo, CA 90245 6250 - Gardening 6495 12/06/2024 12/06/2024 6250 - Park Vista - Octavio 1,303.49 0.00 FF88-90E0 12/06/2024 Monthly Gardening 615 E. Holly Rojas Service - Avenue El Landscaping November Segundo, CA 90245 6495 12/06/2024 12/06/2024 6250 - Park Vista - Octavio 156.00 0.00 FF88-90E0 12/06/2024 Extra Gardening 615 E. Holly Rojas supplies and Avenue El Landscaping approved Segundo, CA work for Nov 90245 (3) 50 lb bags of lawn fertilizer 1,459.49 0.00 Created on 01/15/2025 PageF38edf 54 Bill Detail Reference Bill Date Due Date GL Account Property Unit 6270 - Management Fees 12/12/2024 12/12/2024 6270 - Park Vista - Management 615 E. Holly Fees Avenue El Segundo, CA 90245 6315 - Pest Control 164156 12/01/2024 12/01/2024 6315 - Pest Park Vista - Control 615 E. Holly Avenue El Segundo, CA 90245 453904621 12/06/2024 12/06/2024 6315 - Pest Park Vista - Control 615 E. Holly Avenue El Segundo, CA 90245 6410 - Electricity 700587779325 12/17/2024 12/17/2024 6410 - Park Vista - Electricity 615 E. Holly Avenue El Segundo, CA 90245 700394170456 12/17/2024 12/17/2024 6410 - Park Vista - Electricity 615 E. Holly Avenue El Segundo, CA 90245 6430 - Water 075-18531-000 12/17/2024 12/17/2024 6430 -Water Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 075-18321-000 12/17/2024 12/17/2024 6430 -Water Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 075-18481-000 12/17/2024 12/17/2024 6430 - Water Park Vista - Created on 01/15/2025 Payee Name Paid Unpaid Check # Paid Date Description Work Order Issue Cadman 16,500.00 0.00 ACH 12/12/2024 Management Group Fees for 12/ 2024 Al & Sons 175.00 0.00 3000000545 12/05/2024 Service 11/ Termite and 21/24 Pest Control Inc. Terminix 82.17 0.00 3000000546 12/06/2024 Monthly Service December 257.17 0.00 Edison 127.04 0.00 3000000549 12/20/2024 service 11/8/ 24-12/7/24 Edison 1,661.35 0.00 3000000551 12/20/2024 service 11/8/ 24-12/9/24 1,788.39 0.00 City of El 81.32 0.00 ACH 12/17/2024 service 9/16/ Segundo- 24-11/14/24 Water City of El 10,350.98 0.00 ACH 12/17/2024 service 9/16/ Segundo- 24-11/14/24 Water City of El 1,478.92 0.00 ACH 12/17/2024 service 9/15/ PageFW& 54 Bill Detail Work Order Reference Bill Date Due Date GL Account Property Unit Payee Name Paid Unpaid Check # Paid Date Description Issue 615 E. Holly Segundo- 24-11/14/24 Avenue El Water Segundo, CA 90245 11,911.22 0.00 6455 - Cable/Television 8448 30 006 12/17/2024 12/17/2024 6455 - Cable/ Park Vista - Spectrum 5,366.40 0.00 3000000550 12/20/2024 Service 12/4/ 0017008 Television 615 E. Holly 23-1/3/24 Avenue El Segundo, CA 90245 8448 30 006 12/19/2024 12/19/2024 6455 - Cable/ Park Vista - Spectrum 231.17 0.00 ACH 12/27/2024 service 12/8/ 0397046 Television 615 E. Holly 24 - 1/7/25 Avenue El Segundo, CA 90245 12/19/2024 12/19/2024 6455 - Cable/ Park Vista - Spectrum 29.19 0.00 ACH 12/19/2024 Office Television 615 E. Holly Avenue El Segundo, CA 90245 5,626.76 0.00 7420 - Office Supplies 38141 12/12/2024 12/12/2024 7420 - Office Park Vista - Cadman 556.56 0.00 ACH 12/12/2024 Park Vista Supplies 615 E. Holly Group Tenant Avenue El meeting - Segundo, CA Noah Bagels 90245 38141 12/12/2024 12/12/2024 7420 - Office Park Vista - Cadman 19.42 0.00 ACH 12/12/2024 Rent Supplies 615 E. Holly Group Increase Avenue El printing Segundo, CA supplies 90245 38141 12/12/2024 12/12/2024 7420 - Office Park Vista - Cadman 113.71 0.00 ACH 12/12/2024 Quill INV Supplies 615 E. Holly Group 41581199 - Avenue El coffee and Segundo, CA kitchen 90245 supplies 38141 12/12/2024 12/12/2024 7420 - Office Park Vista - Cadman 120.14 0.00 ACH 12/12/2024 Quill INV Supplies 615 E. Holly Group 41749030 - Avenue El kitchen Segundo, CA supplies 90245 809.83 0.00 Created on 01/15/2025 Pagep4W(P 54 Bill Detail Reference Bill Date Total Due Date GL Account Property Unit Payee Name Paid Unpaid Check # 50,047.51 1,948.00 Paid Date Description Work Order Issue Created on 01/15/2025 Pagga4l ISf 54 Budget - Comparative Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Period Range: Dec 2024 to Dec 2024 Comparison Period Range: Dec 2023 to Dec 2023 Additional Account Types: Asset, Cash, Liability, Capital Accounting Basis: Cash Level of Detail: Detail View Account Name Period Actual Period Budget Period $ Variance Period % Variance Income RENT Rent Income 85,813.00 78,690.00 Parking Income 1,654.99 1,622.00 Total RENT 87,467.99 80,312.00 Vacancy 0.00 -2,916.66 Prepayment -1,742.04 0.00 NSF Bank Fees 50.00 0.00 Collected Application Fee -20.00 0.00 Income Laundry Income 477.33 860.00 Total Budgeted 86,233.28 78,255.34 Operating Income Expense Fire Service Maintenance Elevator service Gardening Management Fees Pest Control Licenses and Permits Electricity Gas Water Telephone/ Internet Comparison Comparison Comparison $ Comparison % Actual Budget Variance Variance 7,123.00 9.05% 77,282.97 69,000.00 8,282.97 12.00% 32.99 2.03% 1,601.50 1,550.00 51.50 3.32% 7,155.99 8.91 % 78,884.47 70,550.00 8,334.47 11.81 % 2,916.66 100.00% 0.00 -2,916.66 2,916.66 100.00% 1,742.04 0.00% -1,711.14 0.00 -1,711.14 0.00% 50.00 0.00% 0.00 0.00 0.00 0.00% -20.00 0.00% 0.00 0.00 0.00 0.00% -382.67 -44.50% 898.72 458.33 440.39 96.09% 7,977.94 10.19% 78,072.05 68,091.67 9,980.38 14.66% 255.00 833.33 578.33 69.40% 6,710.74 833.33 -5,877.41 -705.29% 11,376.81 17,500.00 6,123.19 34.99% 14,717.95 17,500.00 2,782.05 15.90% 1,614.12 1,250.00 -364.12 -29.13% 1,569.30 1,000.00 -569.30 -56.93% 1,459.49 1,750.00 290.51 16.60% 2,039.57 1,458.33 -581.24 -39.86% 16,500.00 16,500.00 0.00 0.00% 16,500.00 16,000.00 -500.00 -3.13% 257.17 500.00 242.83 48.57% 252.80 500.00 247.20 49.44% 0.00 50.00 50.00 100.00% 0.00 54.16 54.16 100.00% 1,788.39 2,350.00 561.61 23.90% 1,857.80 2,250.00 392.20 17.43% 0.00 2,000.00 2,000.00 100.00% 1,454.67 2,250.00 795.33 35.35% 11,992.54 4,500.00 -7,492.54 -166.50% 7,573.66 4,583.33 -2,990.33 -65.24% 0.00 2,750.00 2,750.00 100.00% -10,117.51 2,500.00 12,617.51 504.70% Created on 01/15/2025 PageP42edf 54 Budget - Comparative Comparison Comparison Comparison $ Comparison % Account Name Period Actual Period Budget Period $ Variance Period % Variance Actual Budget Variance Variance Cable/Television 5,626.76 6,250.00 623.24 9.97% 2,199.89 6,250.00 4,050.11 64.80% Office Supplies 809.83 400.00 -409.83 -102.46% 175.79 250.00 74.21 29.68% Advertising & 0.00 450.00 450.00 100.00% 0.00 250.00 250.00 100.00% Promotion Legal Expenses 0.00 300.00 300.00 100.00% 890.00 0.00 -890.00 0.00% (Expense account) Bank Service 12.00 6.25 -5.75 -92.00% 0.00 6.25 6.25 100.00% Fees Postage 0.00 20.83 20.83 100.00% 175.57 20.83 -154.74 -742.87% Professional Fees 0.00 625.00 625.00 100.00% 0.00 625.00 625.00 100.00% Total Budgeted 51,692.11 58,035.41 6,343.30 10.93% 46,000.23 56,331.23 10,331.00 18.34% Operating Expense Total Budgeted 86,233.28 78,255.34 7,977.94 10.19% 78,072.05 68,091.67 9,980.38 14.66% Operating Income Total Budgeted 51,692.11 58,035.41 6,343.30 10.93% 46,000.23 56,331.23 10,331.00 18.34% Operating Expense NOI - Net 34,541.17 20,219.93 14,321.24 70.88% 32,071.82 11,760.44 20,311.38 172.71% Operating Income Other Income Interest on Bank 8,379.58 2,500.00 5,879.58 235.18% 5,739.94 1,875.00 3,864.94 206.13% Accounts Total Budgeted 8,379.58 2,500.00 5,879.58 235.18% 5,739.94 1,875.00 3,864.94 206.13% Other Income Other Expense Capital Expenditures Plumbing 0.00 0.00 0.00 0.00% 9,940.78 0.00 -9,940.78 0.00% Total Capital 0.00 0.00 0.00 0.00% 9,940.78 0.00 -9,940.78 0.00% Expenditures Total Budgeted 0.00 0.00 0.00 0.00% 9,940.78 0.00 -9,940.78 0.00% Other Expense Net Other Income 8,379.58 2,500.00 5,879.58 235.18% -4,200.84 1,875.00 -6,075.84 -324.04% Created on 01/15/2025 Pagep4gedf 54 Budget - Comparative Account Name Period Actual Period Budget Period $ Variance Period % Variance Total Budgeted 94,612.86 80,755.34 13,857.52 17.16% Income Total Budgeted 51,692.11 58,035.41 6,343.30 10.93% Expense Net Income 42,920.75 22,719.93 20,200.82 88.99% Cash Cash in Bank 34,541.17 0.00 -34,541.17 0.00% Park Vista 8,379.58 0.00 -8,379.58 0.00% Reserve Account - LAIF Total Budgeted 42,920.75 0.00 -42,920.75 0.00% Cash Liability Security Deposit 0.00 0.00 0.00 0.00% Total Budgeted 0.00 0.00 0.00 0.00% Liability Comparison Comparison Comparison $ Comparison % Actual Budget Variance Variance 83,811.99 69,966.67 13,845.32 19.79% 55,941.01 56,331.23 390.22 0.69% 27,870.98 13,635.44 14,235.54 104.40% 23,618.04 0.00 -23,618.04 0.00% 5,739.94 0.00 -5,739.94 0.00% 29,357.98 0.00% 0.00 -29,357.98 1,487.00 0.00 1,487.00 0.00% 1,487.00 0.00 1,487.00 0.00% Created on 01/15/2025 PageP44edf 54 Budget Detail Exported On: 11/04/2024 11:36 AM Cadman Group Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Period Range: Jan 2025 to Dec 2025 Consolidate: No Include Zero Balance GL Accounts: No Account Name Income RENT Rent Income Parking Income Total RENT Vacancy Laundry Income Total Budgeted Income Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025 Jul 2025 80,325.00 80,325.00 80,325.00 80,325.00 80,325.00 80,325.00 80,325.00 1,654.44 1,654.44 1,654.44 1,654.44 1,654.44 1,654.44 1,654.44 81,979.44 81,979.44 81,979.44 81,979.44 81,979.44 81,979.44 81,979.44 -4,016.25 -4,016.25 -4,016.25 -4,016.25 -4,016.25 -4,016.25 -4,016.25 602.00 602.00 602.00 602.00 602.00 602.00 602.00 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 Expense Fire Service 833.34 833.34 833.34 833.34 833.33 833.33 833.33 Fire Extinguisher Service 83.34 83.34 83.34 83.34 83.33 83.33 83.33 Maintenance 24,583.34 24,583.34 24,583.34 24,583.34 24,583.33 24,583.33 24,583.33 Elevator service 1,250.00 1,250.00 1,250.00 1,250.00 1,250.00 1,250.00 1,250.00 Gardening 1,750.00 1,750.00 1,750.00 1,750.00 1,750.00 1,750.00 1,750.00 Management Fees 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 Pest Control 500.00 500.00 500.00 500.00 500.00 500.00 500.00 Insurance - Property 2,708.34 2,708.34 2,708.34 2,708.34 2,708.33 2,708.33 2,708.33 Earthquake Insurance 7,916.67 7,916.67 7,916.67 7,916.67 7,916.67 7,916.67 7,916.67 Licenses and Permits 50.00 50.00 50.00 50.00 50.00 50.00 50.00 Electricity 2,083.34 2,083.34 2,083.34 2,083.34 2,083.33 2,083.33 2,083.33 Gas 1,666.67 1,666.67 1,666.67 1,666.67 1,666.67 1,666.67 1,666.67 Water 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 Telephone/Internet 2,750.00 2,750.00 2,750.00 2,750.00 2,750.00 2,750.00 2,750.00 Cable/Television 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 Office Supplies 400.00 400.00 400.00 400.00 400.00 400.00 400.00 Advertising & Promotion 1,166.67 1,166.67 1,166.67 1,166.67 1,166.67 1,166.67 1,166.67 Entertainment 416.67 416.67 416.67 416.67 416.67 416.67 416.67 Legal Expenses(Expense 300.00 300.00 300.00 300.00 300.00 300.00 300.00 Bank Service Fees 6.25 6.25 6.25 6.25 6.25 6.25 6.25 Postage 20.84 20.84 20.84 20.84 20.83 20.83 20.83 Professional Fees 708.34 708.34 708.34 708.34 708.33 708.33 708.33 Total Budgeted Expense 76,443.81 76,443.81 76,443.81 76,443.81 76,443.74 76,443.74 76,443.74 Total Budgeted Income 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 Total Budgeted Expense 76,443.81 76,443.81 76,443.81 76,443.81 76,443.74 76,443.74 76,443.74 Net Operating Income 2,121.38 2,121.38 2,121.38 2,121.38 2,121.45 2,121.45 2,121.45 Other Income Interest on Bank Account: 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 Total Budgeted Other Inco 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 4,166.67 Page 45 of 54 Aug 2025 Sep 2025 Oct 2025 Nov 2025 Dec 2025 Total Percent 80,325.00 80,325.00 80,325.00 80,325.00 80,325.00 963,900.00 102.24 1,654.44 1,654.44 1,654.44 1,654.44 1,654.44 19,853.28 2.11 81,979.44 81,979.44 81,979.44 81,979.44 81,979.44 983,753.28 104.35 -4,016.25 -4,016.25 -4,016.25 -4,016.25 -4,016.25 -48,195.00 -5.11 602.00 602.00 602.00 602.00 602.00 7,224.00 0.77 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 942,782.28 100.00 833.33 833.33 833.33 833.33 833.33 10,000.00 1.09 83.33 83.33 83.33 83.33 83.33 1,000.00 0.11 24,583.33 24,583.33 24,583.33 24,583.33 24,583.33 295,000.00 32.14 1,250.00 1,250.00 1,250.00 1,250.00 1,250.00 15,000.00 1.63 1,750.00 1,750.00 1,750.00 1,750.00 1,750.00 21,000.00 2.29 16,500.00 16,500.00 16,500.00 16,750.00 16,750.00 198,500.00 21.63 500.00 500.00 500.00 500.00 500.00 6,000.00 0.65 2,708.33 2,708.33 2,708.33 2,708.33 2,708.33 32,500.00 3.54 7,916.67 7,916.66 7,916.66 7,916.66 7,916.66 95,000.00 10.35 50.00 50.00 50.00 50.00 50.00 600.00 0.07 2,083.33 2,083.33 2,083.33 2,083.33 2,083.33 25,000.00 2.72 1,666.67 1,666.66 1,666.66 1,666.66 1,666.66 20,000.00 2.18 4,500.00 4,500.00 4,500.00 4,500.00 4,500.00 54,000.00 5.88 2,750.00 2,750.00 2,750.00 2,750.00 2,750.00 33,000.00 3.60 6,250.00 6,250.00 6,250.00 6,250.00 6,250.00 75,000.00 8.17 400.00 400.00 400.00 400.00 400.00 4,800.00 0.52 1,166.67 1,166.66 1,166.66 1,166.66 1,166.66 14,000.00 1.53 416.67 416.66 416.66 416.66 416.66 5,000.00 0.54 300.00 300.00 300.00 300.00 300.00 3,600.00 0.39 6.25 6.25 6.25 6.25 6.25 75.00 0.01 20.83 20.83 20.83 20.83 20.83 250.00 0.03 708.33 708.33 708.33 708.33 708.33 8,500.00 0.93 76,443.74 76,443.70 76,443.70 76,693.70 76,693.70 917,825.00 100.00 78,565.19 78,565.19 78,565.19 78,565.19 78,565.19 942,782.28 100.00 76,443.74 76,443.70 76,443.70 76,693.70 76,693.70 917,825.00 100.00 2,121.45 2,121.49 2,121.49 1,871.49 1,871.49 24,957.28 100.00 4,166.67 4,166.66 4,166.66 4,166.66 4,166.66 50,000.00 100.00 4,166.67 4,166.66 4,166.66 4,166.66 4,166.66 50,000.00 100.00 Page 46 of 54 Annual Budget - Comparative Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 As of: Oct 2024 Additional Account Types: None Accounting Basis: Cash Level of Detail: Detail View Account Name MTD Actual MTD Budget MTD $ Var. MTD % Var. YTD Actual YTD Budget YTD $ Var. YTD % Var. Annual Budget Income RENT Rent Income 82,227.57 78,690.00 3,537.57 4.50% 802,853.24 786,900.00 15,953.24 2.03% 944,280.00 Parking Income 1,599.21 1,622.00 -22.79 -1.41% 16,239.19 16,220.00 19.19 0.12% 19,464.00 Passthrough Charges 0.00 0.00 0.00 0.00% -30.00 0.00 -30.00 0.00% 0.00 Total RENT 83,826.78 80,312.00 3,514.78 4.38% 819,062.43 803,120.00 15,942.43 1.99% 963,744.00 Maintenance Charge 0.00 0.00 0.00 0.00% 831.95 0.00 831.95 0.00% 0.00 (Income Account) Vacancy 0.00 -2,916.66 2,916.66 100.00% 0.00 -28,610.71 28,610.71 100.00% -34,444.03 Prepayment 804.71 0.00 804.71 0.00% 5,055.96 0.00 5,055.96 0.00% 0.00 NSF Bank Fees 0.00 0.00 0.00 0.00% 25.00 0.00 25.00 0.00% 0.00 Collected Application Fee Income 20.00 0.00 20.00 0.00% 20.00 0.00 20.00 0.00% 0.00 Laundry Income 450.17 860.00 -409.83 -47.65% 5,339.32 8,600.00 -3,260.68 -37.91 % 10,320.00 Total Operating Income 85,101.66 78,255.34 6,846.32 8.75% 830,334.66 783,109.29 47,225.37 6.03% 939,619.97 Expense Fire Service Fire Extinguisher Service Maintenance Elevator service Gardening Management Fees Pest Control Insurance - Property Earthquake Insurance Licenses and Permits Electricity Gas Water 0.00 833.33 833.33 100.00% 2,032.26 8,333.34 6,301.08 75.61 % 10,000.00 0.00 0.00 0.00 0.00% 838.71 0.00 -838.71 0.00% 0.00 47,934.25 17,500.00 -30,434.25 -173.91% 241,799.20 175,000.00 -66,799.20 -38.17% 210,000.00 0.00 1,250.00 1,250.00 100.00% 11,952.72 12,500.00 547.28 4.38% 15,000.00 1,236.59 1,750.00 513.41 29.34% 12,690.90 17,500.00 4,809.10 27.48% 21,000.00 15,750.00 16,500.00 750.00 4.55% 162,000.00 165,000.00 3,000.00 1.82% 198,000.00 257.17 500.00 242.83 48.57% 2,815.76 5,000.00 2,184.24 43.68% 6,000.00 0.00 25,000.00 25,000.00 100.00% 21,810.97 25,000.00 3,189.03 12.76% 25,000.00 80,885.00 0.00 -80,885.00 0.00% 80,885.00 85,000.00 4,115.00 4.84% 85,000.00 0.00 50.00 50.00 100.00% 450.00 500.00 50.00 10.00% 600.00 2,212.25 2,350.00 137.75 5.86% 18,629.06 23,500.00 4,870.94 20.73% 28,200.00 982.34 2,000.00 1,017.66 50.88% 12,007.77 20,000.00 7,992.23 39.96% 24,000.00 0.00 4,500.00 4,500.00 100.00% 32,996.66 45,000.00 12,003.34 26.67% 54,000.00 Created on 11/04/2024 PageP47edf 54 Annual Budget - Comparative Account Name MTD Actual MTD Budget MTD $ Var. MTD % Var. Telephone/Internet 0.00 2,750.00 2,750.00 100.00% Cable/Television 5,567.57 6,250.00 682.43 10.92% Office Supplies 101.03 400.00 298.97 74.74% Advertising & Promotion 1,902.07 450.00 -1,452.07 -322.68% Entertainment 0.00 0.00 0.00 0.00% Legal Expenses 0.00 300.00 300.00 100.00% (Expense account) Bank Service Fees 0.00 6.25 6.25 100.00% Postage 0.00 20.83 20.83 100.00% Professional Fees 0.00 625.00 625.00 100.00% Total Operating Expense 156,828.27 83,035.41 -73,792.86 -88.87% Total Operating Income 85,101.66 78,255.34 6,846.32 8.75% Total Operating Expense 156,828.27 83,035.41 -73,792.86 -88.87% NOI - Net Operating -71,726.61 -4,780.07 -66,946.54 -1,400.53% Income Other Income Interest on Bank 0.00 2,500.00 -2,500.00 -100.00% Accounts Total Other Income 0.00 2,500.00 -2,500.00 -100.00% Net Other Income 0.00 2,500.00 -2,500.00 -100.00% Total Income 85,101.66 80,755.34 4,346.32 5.38% Total Expense 156,828.27 83,035.41 -73,792.86 -88.87% Net Income -71,726.61 -2,280.07 -69,446.54 -3,045.81% YTD Actual YTD Budget YTD $ Var. YTD % Var. Annual Budget 1,419.13 27,500.00 26,080.87 94.84% 33,000.00 48,106.42 62,500.00 14,393.58 23.03% 75,000.00 4,866.45 4,000.00 -866.45 -21.66% 4,800.00 7,266.14 11,050.00 3,783.86 34.24% 11,950.00 0.00 3,500.00 3,500.00 100.00% 3,500.00 811.95 3,000.00 2,188.05 72.94% 3,600.00 0.00 62.50 62.50 100.00% 75.00 0.00 208.34 208.34 100.00% 250.00 6,000.00 6,250.00 250.00 4.00% 7,500.00 669,379.10 700,404.18 31,025.08 4.43% 816,475.00 830,334.66 783,109.29 47,225.37 6.03% 939,619.97 669,379.10 700,404.18 31,025.08 4.43% 816,475.00 160,955.56 82,705.11 78,250.45 94.61% 123,144.97 51,105.52 25,000.00 26,105.52 104.42% 30,000.00 51,105.52 25,000.00 26,105.52 104.42% 30,000.00 51,105.52 25,000.00 26,105.52 104.42% 30,000.00 881,440.18 808,109.29 73,330.89 9.07% 969,619.97 669,379.10 700,404.18 31,025.08 4.43% 816,475.00 212,061.08 107,705.11 104,355.97 96.89% 153,144.97 Created on 11/04/2024 PageP49edf 54 Budget - Comparative Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Period Range: Jan 2023 to Dec 2023 Comparison Period Range: Jan 2022 to Dec 2022 Additional Account Types: Asset, Cash, Liability, Capital Accounting Basis: Cash Level of Detail: Detail View Period % Comparison Comparison Comparison $ Comparison % Account Name Period Actual Period Budget Period $ Variance Variance Actual Budget Variance Variance Income RENT Rent Income 890,175.73 828,000.00 62,175.73 7.51% 827,759.00 811,562.00 16,197.00 2.00% Parking Income 19,121.70 18,600.00 521.70 2.80% 18,730.50 18,600.00 130.50 0.70% Total RENT 909,297.43 846,600.00 62,697.43 7.41% 846,489.50 830,162.00 16,327.50 1.97% Maintenance Charge 101.00 0.00 101.00 0.00% 0.00 0.00 0.00 0.00% (Income Account) Vacancy 0.00 -35,000.00 35,000.00 100.00% 0.00 -27,000.00 27,000.00 100.00% Prepayment -2,853.40 0.00 -2,853.40 0.00% 3,104.00 0.00 3,104.00 0.00% NSF Bank Fees Collected 125.00 0.00 125.00 0.00% 25.00 0.00 25.00 0.00% Application Fee Income -40.00 0.00 -40.00 0.00% 40.00 0.00 40.00 0.00% Laundry Income 10,403.88 5,500.00 4,903.88 89.16% 5,038.98 4,500.00 538.98 11.98% Miscellaneous Income 19,400.00 0.00 19,400.00 0.00% 0.00 0.00 0.00 0.00% Total Budgeted Operating 936,433.91 817,100.00 119,333.91 14.60% 854,697.48 807,662.00 47,035.48 5.82% Income Expense Fire Service 14,227.55 10,000.00 -4,227.55 -42.28% 12,725.00 3,600.00 -9,125.00 -253.47% Fire Extinguisher Service 1,412.78 0.00 -1,412.78 0.00% 0.00 0.00 0.00 0.00% Maintenance 196,198.29 210,000.00 13,801.71 6.57% 185,570.17 210,000.00 24,429.83 11.63% Elevator service 14,380.28 12,000.00 -2,380.28 -19.84% 6,308.08 18,000.00 11,691.92 64.96% Gardening 20,342.96 17,500.00 -2,842.96 -16.25% 14,854.25 15,000.00 145.75 0.97% Management Fees 182,842.72 187,500.00 4,657.28 2.48% 187,500.00 187,500.00 0.00 0.00% Pest Control 3,270.20 6,000.00 2,729.80 45.50% 5,559.00 4,800.00 -759.00 -15.81 % Insurance - Property 19,972.86 50,000.00 30,027.14 60.05% 18,886.63 50,000.00 31,113.37 62.23% Earthquake Insurance 76,578.00 65,000.00 -11,578.00 -17.81% 105,952.00 0.00 -105,952.00 0.00% Licenses and Permits 120.00 650.00 530.00 81.54% 475.00 575.00 100.00 17.39% Electricity 25,411.97 27,000.00 1,588.03 5.88% 22,905.41 20,400.00 -2,505.41 -12.28% Gas 20,701.86 27,000.00 6,298.14 23.33% 17,921.62 18,000.00 78.38 0.44% Created on 11/04/2024 Pagep4Wdf 54 Budget - Comparative Account Name Water Telephone/Internet Cable/Television Office Supplies Uniforms Advertising & Promotion Entertainment Legal Expenses(Expense account) Bank Service Fees Postage Janitorial Service Professional Fees Total Budgeted Operating Expense Total Budgeted Operating Income Total Budgeted Operating Expense NOI - Net Operating Income Other Income Interest on Bank Accounts Total Budgeted Other Income Other Expense Capital Expenditures Plumbing Total Capital Expenditures Total Budgeted Other Expense Net Other Income Period Actual Period Budget Period $ Variance 43,959.55 55,000.00 11,040.45 25,146.52 30,000.00 4,853.48 41,699.69 75,000.00 33,300.31 3,557.53 3,000.00 -557.53 0.00 0.00 0.00 10,901.69 8,750.00 -2,151.69 0.00 3,500.00 3,500.00 890.00 0.00 -890.00 36.00 75.00 39.00 175.57 250.00 74.43 61.20 0.00 -61.20 936,433.91 817,100.00 119,333.91 228,671.69 21,375.00 207,296.69 62,299.00 22,500.00 39,799.00 62,299.00 22,500.00 39,799.00 13,254.37 0.00-13,254.37 13,254.37 0.00-13,254.37 49,044.63 22,500.00 26,544.63 Period % Comparison Comparison Comparison $ Comparison % Variance Actual Budget Variance Variance 20.07% 44,491.58 45,000.00 508.42 1.13% 16.18% 30,036.06 18,000.00 -12,036.06 -66.87% 44.40% 68,707.20 60,000.00 -8,707.20 -14.51 % -18.58% 2,657.78 1,800.00 -857.78 -47.65% 0.00% 0.00 480.00 480.00 100.00% -24.59% 0.00 8,750.00 8,750.00 100.00% 100.00% 0.00 2,000.00 2,000.00 100.00% 0.00% 0.00 0.00 0.00 0.00% 52.00% 58.00 75.00 17.00 22.67% 29.77% 175.57 60.00 -115.57 -192.62% 0.00% 0.00 0.00 0.00 0.00% 21.67% 5,875.00 18,000.00 12,125.00 67.36% 11.05% 730,658.35 682,040.00 -48,618.35 -7.13% 14.60% 854,697.48 807,662.00 47,035.48 5.82% 11.05% 730,658.35 682,040.00 -48,618.35 -7.13% 969.81% 124,039.13 125,622.00 -1,582.87 -1.26% 176.88% 20,218.53 2,400.00 17,818.53 742.44% 176.88% 20,218.53 2,400.00 17,818.53 742.44% 0.00% 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00% 117.98% 20,218.53 2,400.00 17,818.53 742.44% Created on 11/04/2024 PagePSWdf 54 Budget - Comparative Period % Comparison Comparison Comparison $ Comparison % Account Name Period Actual Period Budget Period $ Variance Variance Actual Budget Variance Variance Total Budgeted Income 998,732.91 839,600.00 159,132.91 18.95% 874,916.01 810,062.00 64,854.01 8.01% Total Budgeted Expense 721,016.59 795,725.00 74,708.41 9.39% 730,658.35 682,040.00 -48,618.35 -7.13% Net Income 277,716.32 43,875.00 233,841.32 532.97% 144,257.66 128,022.00 16,235.66 12.68% Cash Cash in Bank 221,128.32 0.00 -221,128.32 0.00% 127,425.13 0.00 -127,425.13 0.00% Park Vista Reserve Account 62,299.00 0.00 -62,299.00 0.00% 20,218.53 0.00 -20,218.53 0.00% - LAIF Total Budgeted Cash 283,427.32 0.00 -283,427.32 0.00% 147,643.66 0.00 -147,643.66 0.00% Liability Pet Deposit -200.00 0.00 -200.00 0.00% -400.00 0.00 -400.00 0.00% Key Deposit 140.00 0.00 140.00 0.00% 140.00 0.00 140.00 0.00% Security Deposit 6,666.00 0.00 6,666.00 0.00% 2,771.00 0.00 2,771.00 0.00% Passthrough Cash Account -895.00 0.00 -895.00 0.00% 875.00 0.00 875.00 0.00% Total Budgeted Liability 5,711.00 0.00 5,711.00 0.00% 3,386.00 0.00 3,386.00 0.00% Created on 11/04/2024 PageP9gec3f 54 Budget - Comparative Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245 Period Range: Jan 2024 to Dec 2024 Comparison Period Range: Jan 2023 to Dec 2023 Additional Account Types: Asset, Cash, Liability, Capital Accounting Basis: Cash Level of Detail: Detail View Account Name Period Actual Period Budget Period $ Variance Income RENT Rent Income 830,426.33 944,280.00 Parking Income 16,892.30 19,464.00 Passthrough Charges -30.00 0.00 Total RENT 847,288.63 963,744.00 Maintenance Charge 831.95 0.00 (Income Account) Vacancy 0.00 -34,444.03 Prepayment -2,903.36 0.00 NSF Bank Fees Collected 25.00 0.00 Application Fee Income 20.00 0.00 Laundry Income 5,339.32 10,320.00 Miscellaneous Income 0.00 0.00 Total Budgeted Operating 850,601.54 939,619.97 Income Expense Fire Service Fire Extinguisher Service Maintenance Elevator service Gardening Management Fees Pest Control Insurance - Property Earthquake Insurance Licenses and Permits Electricity 113,853.67 -2,571.70 831.95 34,444.03 -2,903.36 25.00 20.00 -4,980.68 Period % Comparison Variance Actual -12.06% -13.21 % 0.00% -12.08% 0.00% 100.00% 0.00% 0.00% 0.00% -48.26% 0.00% -9.47% 890,175.73 19,121.70 101.00 0.00 -2,853.40 125.00 -40.00 10,403.88 Comparison Comparison $ Comparison % Budget Variance Variance 828,000.00 18,600.00 0.00 -35,000.00 0.00 0.00 0.00 5,500.00 62,175.73 521.70 101.00 35,000.00 -2,853.40 125.00 -40.00 4,903.88 7.51 % 2.80% 0.00% 7.41 % 0.00% 100.00% 0.00% 0.00% 0.00% 89.16% 0.00% 14.60% 2,032.26 10,000.00 7,967.74 79.68% 14,227.55 10,000.00 -4,227.55 -42.28% 838.71 0.00 -838.71 0.00% 1,412.78 0.00 -1,412.78 0.00% 241,799.20 210,000.00 -31,799.20 -15.14% 196,198.29 210,000.00 13,801.71 6.57% 11,952.72 15,000.00 3,047.28 20.32% 14,380.28 12,000.00 -2,380.28 -19.84% 12,690.90 21,000.00 8,309.10 39.57% 20,342.96 17,500.00 -2,842.96 -16.25% 162,000.00 198,000.00 36,000.00 18.18% 182,842.72 187,500.00 4,657.28 2.48% 2,815.76 6,000.00 3,184.24 53.07% 3,270.20 6,000.00 2,729.80 45.50% 21,810.97 25,000.00 3,189.03 12.76% 19,972.86 50,000.00 30,027.14 60.05% 80,885.00 85,000.00 4,115.00 4.84% 76,578.00 65,000.00 -11,578.00 -17.81% 450.00 600.00 150.00 25.00% 120.00 650.00 530.00 81.54% 18,629.06 28,200.00 9,570.94 33.94% 25,411.97 27,000.00 1,588.03 5.88% Created on 11/04/2024 PagepKedf 54 Budget - Comparative Account Name Gas Water Telephone/Internet Cable/Television Office Supplies Advertising & Promotion Entertainment Legal Expenses(Expense account) Bank Service Fees Postage Janitorial Service Professional Fees Total Budgeted Operating Expense Total Budgeted Operating Income Total Budgeted Operating Expense NOI - Net Operating Income Other Income Interest on Bank Accounts Total Budgeted Other Income Other Expense Capital Expenditures Plumbing Total Capital Expenditures Total Budgeted Other Expense Net Other Income Period Actual Period Budget Period $ Variance 12,007.77 24,000.00 11,992.23 32,996.66 54,000.00 21,003.34 1,419.13 33,000.00 31,580.87 48,106.42 75,000.00 26,893.58 4,866.45 4,800.00 -66.45 7,266.14 11,950.00 4,683.86 0.00 3,500.00 3,500.00 811.95 3,600.00 2,788.05 0.00 75.00 75.00 0.00 250.00 250.00 0.00 0.00 0.00 850,601.54 939,619.97-89,018.43 181,222.44 123,144.97 58,077.47 51,105.52 30,000.00 21,105.52 51,105.52 30,000.00 21,105.52 0.00 0.00 0.00 0.00 0.00 0.00 51,105.52 30,000.00 21,105.52 Period % Comparison Comparison Comparison $ Comparison % Variance Actual Budget Variance Variance 49.97% 20,701.86 27,000.00 6,298.14 23.33% 38.90% 43,959.55 55,000.00 11,040.45 20.07% 95.70% 25,146.52 30,000.00 4,853.48 16.18% 35.86% 41,699.69 75,000.00 33,300.31 44.40% -1.38% 3,557.53 3,000.00 -557.53 -18.58% 39.20% 10,901.69 8,750.00 -2,151.69 -24.59% 100.00% 0.00 3,500.00 3,500.00 100.00% 77.45% 890.00 0.00 -890.00 0.00% 100.00% 36.00 75.00 39.00 52.00% 100.00% 175.57 250.00 74.43 29.77% 0.00% 61.20 0.00 -61.20 0.00% 20.00% 5,875.00 7,500.00 1,625.00 21.67% 18.02% 707,762.22 795,725.00 87,962.78 11.05% -9.47% 936,433.91 817,100.00 119,333.91 14.60% 18.02% 707,762.22 795,725.00 87,962.78 11.05% 47.16% 228,671.69 21,375.00 207,296.69 969.81% 70.35% 62,299.00 22,500.00 39,799.00 176.88% 70.35% 62,299.00 22,500.00 39,799.00 176.88% 0.00% 13,254.37 0.00 -13,254.37 0.00% 0.00% 13,254.37 0.00 -13,254.37 0.00% 0.00% 13,254.37 0.00 -13,254.37 0.00% 70.35% 49,044.63 22,500.00 26,544.63 117.98% Created on 11/04/2024 PagePSSedf 54 Budget - Comparative Period % Comparison Comparison Comparison $ Comparison % Account Name Period Actual Period Budget Period $ Variance Variance Actual Budget Variance Variance Total Budgeted Income 901,707.06 969,619.97 -67,912.91 -7.00% 998,732.91 839,600.00 159,132.91 18.95% Total Budgeted Expense 669,379.10 816,475.00 147,095.90 18.02% 721,016.59 795,725.00 74,708.41 9.39% Net Income 232,327.96 153,144.97 79,182.99 51.70% 277,716.32 43,875.00 233,841.32 532.97% Cash Cash in Bank -612,632.56 0.00 612,632.56 0.00% 221,128.32 0.00 -221,128.32 0.00% Park Vista Reserve Account 851,105.52 0.00 -851,105.52 0.00% 62,299.00 0.00 -62,299.00 0.00% - LAIF Total Budgeted Cash 238,472.96 0.00 -238,472.96 0.00% 283,427.32 0.00 -283,427.32 0.00% Liability Pet Deposit 600.00 0.00 600.00 0.00% -200.00 0.00 -200.00 0.00% Key Deposit -30.00 0.00 -30.00 0.00% 140.00 0.00 140.00 0.00% Security Deposit 5,485.00 0.00 5,485.00 0.00% 6,666.00 0.00 6,666.00 0.00% Passthrough Cash Account 90.00 0.00 90.00 0.00% -895.00 0.00 -895.00 0.00% Total Budgeted Liability 6,145.00 0.00 6,145.00 0.00% 5,711.00 0.00 5,711.00 0.00% Created on 11/04/2024 PagepWdf 54