Dec 04		Jun - Dec 04
	Ordinary Income/Expense
		Income
			Assoc. dues		0.00		41,200.00
			Assoc. dues-discounted		-75.00		-13,078.60
			Finance Charge Income		-36.49		359.55
		Total Income			-111.49		28,480.95
		Expense
			Common Area Maintenance
				Lawn Service	588.06		5,896.71
				Repairs	0.00		257.25
				Wetlands	0.00		485.56
			Total Common Area Maintenance		588.06		6,639.52
			Community Events
				Picnic Supplies & Food	0.00		214.76
				Meeting Expense	0.00		84.94
				Holiday events	0.00		300.00
			Total Community Events		0.00		599.70
			Insurance		316.91		2,392.17
			Management Expense
				Administration	0.00		1,000.00
				Management Expense - Other	400.00		400.00
			Total Management Expense		400.00		1,400.00
			Office
				News Letter	172.53		581.16
				Postage	0.00		145.31
				Supplies	0.00		150.67
			Total Office		172.53		877.14
			Professional Fees
				Accounting Services	300.00		2,100.00
				Legal Services	0.00		1,498.50
			Total Professional Fees		300.00		3,598.50
			Tax		0.00		56.00
			Utilities
				Gas & Electric	125.72		369.84
				Telephone	16.20		56.07
				Water	17.54		302.47
			Total Utilities		159.46		728.38
		Total Expense			1,936.96		16,291.41
	Net Ordinary Income				-2,048.45		12,189.54
	Other Income/Expense
		Other Income
			Int Inc		0.00		-26.58
		Total Other Income			0.00		-26.58
	Net Other Income				0.00		-26.58
Net Income					-2,048.45		12,162.96