JUNE TREASURER’S REPORT 6-25-2026 Based on 05-31-2026 Financials US Bank: $578,827 Luther OC-2$205,743 Operational Cash total: $784,570 Revenue:$169,707 Expenses:$124,910 Accruals:$58,325 Reserves: $ 258,367 Deposit $11,675 + $1,974 interest Magnolia Park Operational Cash$76,962 Reserves$23,370 The Magnolia Park Total Funding was $100,331. The Asphalt Special Assessment account contain $527,346 and
APRIL TREASURER’S REPORT 4-30-2026 Based on 32-31-2026 Financials US Bank: $495,381 Luther OC-2 $204,714 Operational Cash total: $702,743 Revenue: $167,069 Expenses: $167,070 Accruals: $61,819 Reserves: $ 243,082 Deposit $11,675 + $654 interest Magnolia Park Operational Cash $72,179 Reserves $22, 422 The Magnolia Park Total Funding was $94,601. The Asphalt Special Assessment funding of approximately $854,000
OCTOBER TREASURER’S REPORT 10-23-2025 Based on 09-30-2025 Financials US Bank: $387,667 Luther OC-2$201,534 Operational Cash total: $589,201 Revenue:$170,057 Expenses:$137,735 Accruals:$50,798 Reserves: $ 474,547 Deposit $9,207 + 1,478 interest = $10,685 Magnolia Park Operational Cash$64,254 Reserves$19,584 The monthly revenue for August was $170,057 and paid expenses were $137,735 while accruals were
JULY TREASURER’S REPORT 07-24-2025 Based on 06-30-2025 Financials US Bank: $423,846 Luther OC-2$199,654 Operational Cash total: $623,500 Revenue:$169,941 Expenses:$173,294 Accruals:$87,462 Reserves: $ 450,452 Deposit $9,207 + 1,404 interest = $10,611 Magnolia Park Operational Cash$60,357 Reserves$18,167 The monthly revenue for June was $169,941 and paid expenses were $173,294 while accruals were
APRIL TREASURER’S REPORT - 05-29-2025 Based on 04-30-2025 Financials US Bank: $343,999 Luther OC-2$198,407 Operational Cash total: $542,406 Revenue:$169,887 Expenses:$152,562 Accruals:$35,977 Reserves: $ 430,365 Deposit $9,207 + 1,354 interest = $10,561 Magnolia Park Operational Cash$62,273 Reserves$17,224 The monthly revenue for April was $169,887, paid expenses were $152,562 and accruals of $35,977. The Operational
A warm welcome to Adriana Souza, our new Admin in the office. She has a fabulous smile, willingness to work and helps everyone who comes into the office with enthusiasm. Our community is lucky to have found you! I would also like to shout out to Cyle and Willie for their amazing work in
Treasurer’s Report— Jim O’Connor As of January 31, 2022 the Operational funds for Park Pointe were at a balance of $266,579 and the Reserves account was at $231,481. Our revenue for the month of January was $116,250 and our expenses were $126,627 leaving a negative variance of $10,376. Magnolia Park has an Operational balance of
The financial picture at Park Pointe is stable. At the end of October, our operating funds total $360,717 and our Reserve Funds total $271,426. The Reserves are placed into 12 different “line items”, each designated as a specific savings account for a specific large-item expense. For example, a contract was just signed to resurface the
Based on June 30, 2021, Financial Report, the Park Pointe operating funds total $347,449. The revenue was $104,549, expenses were $136,214 with a negative variance of $31,665. The Reserves are at $250,683 after a $6,900 contribution and $20.01 interest. A Reserve fund is money set aside to cover large (greater than $10,000) future financial obligations.
Treasurers Report Jim O’Connor reported that for the month of May operational cash was at $353,195 following retrieval of a $22,000 Comcast overpayment and transfer of funds from closed bank accounts. Reserves were at $244,386. Revenue was $104,344 and expenses were $94,833, allowing for a $9,511 positive variance. He recommended that we consider
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3200 Jog Park Dr.
Greenaces Fl 33467
Phone: 561-969-7175
Email: click here
Monday 7:30 am – 4 pm
Tuesday 7:30 am – 4 pm
Wednesday 7:30 am – 4 pm
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Friday 7:30 am – 4 pm
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