07-25-19 - BOARD BOOK

Statement of Fund Balances Frenchman's Creek, Inc.

6/30/2019

Fund Balances

Cash - G/L balance

Investments

Total

Infrastructure Funds

Cash in Bank

1,028,701

1,028,701

Cash in Investments

-

Infrastructure

985,601 43,099

Painting

Due (to) / from Operations

0

1,028,701

1,028,701

-

1,028,701

Total Reserve Cash Balance

Waterfront Maintenance Fund Cash in Bank

120,757

120,757 252,377

Cash in Investments Due (to) from Operations

252,377

0

Waterfront Reserve Balance

373,134

120,757

252,377

373,134

Total Reserve Funds

1,401,835

1,149,457

252,377

1,401,835

Capital Improvement Fund Cash in the Bank

2,385,803

2,385,803

Cash in Investments Iberia

249,569

249,569

Opening Cash Balance

3,244,079 (20,875) (346,179) 389,200 (805,000) 710,000 (568,883) -

Capital Purchases Club 2018-2019 Capital Purchases Club 2019-2020 Capital Purchases POA 2019-2020

Capital Fund Assessment Dedicated Home Turns

New Memberships Equity Refunds Interest Income YTD

495

Transfer from POA Capital Reserves

32,534

Capital Improvement Fund Cash Due (to) / from Operations

2,635,372

(0)

2,635,372

2,385,803

249,569

2,635,372

Capital Improvement Funds

Renovation Pledge Collateral Account Cash in the Bank

2,210,705

2,210,705.00

Opening Cash Balance

-

Clubhouse Assessments (Paid in Full)

967,260 606,900 805,000 (168,455)

Clubhouse Assessments (3 installements of $350/member)

Dedicated Home Turns

2019 Clubhouse Renovation Expenditures

Due (to)/from Operations

(0)

Renovation Pledge Collateral Account Balance

2,210,705

2,210,705

2,210,705

Operating Fund Operating Cash Balance Due (to)/ from Other Funds

5,449,408

5,449,408

(0)

5,449,408

-

5,449,408

Total Balances

6,247,911

11,195,373

501,946

11,697,320

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