Jun '07 - May 08
	Ordinary Income/Expense
		Income
			interest income		1,049.71
			Assoc. dues		41,600.00
			Assoc. dues-discounted		-17,936.05
			Finance Charge Income		291.96
		Total Income			25,005.62
		Expense
			Common Area Maintenance
				Backflow	35.00
				pressure washing	1,576.00
				Lawn Service	7,593.90
				Repairs	1,172.54
				Wetlands/Retention ponds	2,596.80
				Common Area Maintenance - Other	100.00
			Total Common Area Maintenance		13,074.24
			Community Events
				Picnic Supplies & Food	294.27
				Meeting Expense	20.00
				Donations	500.00
				Holiday events	555.01
			Total Community Events		1,369.28
			Insurance		3,676.00
			Office
				Licenses	10.00
				News Letter	202.32
				Copy's	0.00
				Postage	219.68
				Supplies	24.99
			Total Office		456.99
			Professional Fees
				Accounting Services	3,600.00
				Legal Services	0.00
			Total Professional Fees		3,600.00
			Tax
				Federal	244.00
				Tax - Other	156.26
			Total Tax		400.26
			Utilities
				Gas & Electric	473.86
				Telephone	144.36
				Water	666.42
			Total Utilities		1,284.64
		Total Expense			23,861.41
	Net Ordinary Income				1,144.21
	Other Income/Expense
		Other Income
			Int Inc		11.24
		Total Other Income			11.24
	Net Other Income				11.24
Net Income					1,155.45