Treetop Park
	Financial Overview
	Annual Meeting
	January 25, 2022

•	FIDUCIARY RESPONSIBILITY, FINANCIAL, SETTING BUDGET 

•	DETAIL REPORT FROM CERTIFIED PUBLIC ACCOUNTANT FOR 2020 FINANCIAL DATA AVAILABLE TO ANY OWNER

•	BALANCE SHEET, PRIMARY ITEMS:
	12/31/20	12/31/21
•	Operating Account,	 $20,430.70	$11,395.49
•	Reserve, 	$47,468.72	$80,435.88
•	Accounts receivable,	-$8,308.96	-$2,236.55
•	Accounts Payable,	$1,503.43	$6,645.90

•	$100K LINE OF CREDIT AVAILABLE, IF NEEDED

•	CASH FLOW (<NET 30, $12,607/MO) A/P

•	COLLECTIONS, NO ACTIVITY

•	OPERATING BUDGET FY’21 DEFICIT OF $22,019 OF $153,540
•	THREE MAJOR CATEGORIES OF OPERATING BUDGET:
•	INSURANCE EXPENSE, SURPLUS VARIANCE $719 OF $26,160
•	LANDSCAPING, GROUNDS, SNOW, DEFICIT VARIANCE $6,449 OF $78,979
•	REPAIRS DEFICIT VARIANCE $19,402 OF $31,402 (PIPE REPAIR $15K)
•	RESERVE EXPENDITURES FY’ 21 $88,462 COMPLETED RENOVATION AND PAINTING OF LAST BUILDING, PLUS FENCE REPLACEMENT
•	ANNUAL RESERVE CONTRIBUTION $54,612 FY’16, FY ’17 $138,840, FY ’18 $125,200, FY ’19 & ’20 $145,984, FY ’21 $117,636; FY ’22 $151,283
•	THE BOTTOM LINE, SURPLUS OF $1,208

•	FY '22, GROSS REVENUE $279,408, RESERVE 54%