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Date Invoice No. Description Unit Charge Payment Balance Chg/Rec
Balance Forward Current 30 Days 60 Days 90 Days Prepay Amount Due
Ledger Date
Owner Property Status From Total Fees To Deposit
Legal
Current Balance
ASSETS
CURRENT ASSETS
CASH Checking 29,500 Savings 178,464
TOTAL CASH 207,964
OTHER ASSETS Accounts Receivable 4,353
TOTAL OTHER ASSETS 4,353
TOTAL CURRENT ASSETS 212,317
TOTAL ASSETS 212,317
LIABILITIES AND CAPITAL
LIABILITIES
CURRENT LIABILITIES Prepaid Income 1,596 Refund Clearing Account 1,110
TOTAL CURRENT LIABILITIES 2,707
TOTAL LIABILITIES 2,707
CAPITAL Association Equity 7,543 Replacement Reserves 195,201 Retained Earnings 6,866
TOTAL CAPITAL 209,610
TOTAL LIABILITIES & CAPITAL 212,317
Dumfries Commerce Center, A Condominium (dcc) Page 1
Balance SheetPeriod = Jan 2018-Aug 2018
Book = Accrual
Friday, September 07, 2018
09:52 AM
Period to Date % Year to Date %
OPERATING INCOME
REVENUE
SPECIAL ASSESSMENT INCOME
PROPERTY INCOME
PROPERTY INCOMEDues 46,017 98 46,017 98
TOTAL PROPERTY INCOME 46,017 98 46,017 98
TOTAL NET PROPERTY INCOME 46,017 98 46,017 98
EXPENSE REIMBURSEMENT Passthru Trash 520 1 520 1
TOTAL EXPENSE REIMBU... 520 1 520 1
OTHER INCOME Interest Income 229 0 229 0 Late Fee 100 0 100 0
TOTAL OTHER INCOME 329 1 329 1
TOTAL REVENUE 46,866 100 46,866 100
OPERATING EXPENSES
GENERAL AND ADMINISTRATIVE Management Fees 7,876 17 7,876 17 Administrative Fees 39 0 39 0
TOTAL G AND A EXPENSE 7,915 17 7,915 17
UTILITIES Electricity 2,499 5 2,499 5 WaterSewer 2,969 6 2,969 6 Telephone 1,150 2 1,150 2 Trash Removal 3,640 8 3,640 8
TOTAL UTILITIES 10,258 22 10,258 22
REPAIRS AND MAINTENANCE General Maintenance Repairs 3,137 7 3,137 7
Dumfries Commerce Center, A Condominium (dcc) Page 1
Income StatementPeriod = Jan 2018-Aug 2018
Book = Accrual
Friday, September 07, 2018
09:52 AM
Period to Date % Year to Date %
Landscape Maintenance 2,051 4 2,051 4 Parking Lot Sweeping 380 1 380 1 Roof Repairs 625 1 625 1 Security Contract 230 0 230 0 Snow and Ice Removal 6,085 13 6,085 13
TOTAL REPAIRS AND MAIN... 12,508 27 12,508 27 ReservesBudgeted 14,339 31 14,339 31
TOTAL BUDGETED RESERVES 14,339 31 14,339 31
TOTAL OPERATING EXPENSES 30,680 65 30,680 65
TOTAL OPERATING INCOME 16,185 35 16,185 35
NONOPERATING EXPENSES
TOTAL NET INCOME 16,185 35 16,185 35
Dumfries Commerce Center, A Condominium (dcc) Page 2
Income StatementPeriod = Jan 2018-Aug 2018
Book = Accrual
Friday, September 07, 2018
09:52 AM
Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Jun 2018 Jul 2018 Aug 2018 Total
OPERATING INCOME
REVENUE
SPECIAL ASSESSMENT INCOME
PROPERTY INCOME
PROPERTY INCOMEDues 5,752 5,752 5,752 5,752 5,752 5,752 5,752 5,752 46,017
TOTAL PROPERTY INCOME 5,752 5,752 5,752 5,752 5,752 5,752 5,752 5,752 46,017
TOTAL NET PROPERTY INCOME 5,752 5,752 5,752 5,752 5,752 5,752 5,752 5,752 46,017
EXPENSE REIMBURSEMENT Passthru Trash 65 65 65 65 65 65 65 65 520
TOTAL EXPENSE REIMBU... 65 65 65 65 65 65 65 65 520
OTHER INCOME Interest Income 27 25 27 26 28 31 32 32 229 Late Fee 0 0 80 0 0 0 0 20 100
TOTAL OTHER INCOME 27 25 107 26 28 31 32 52 329
TOTAL REVENUE 5,844 5,842 5,924 5,844 5,846 5,848 5,849 5,869 46,866
OPERATING EXPENSES
GENERAL AND ADMINISTR... Management Fees 984 984 984 984 984 984 984 984 7,876 Administrative Fees 15 0 0 11 0 0 12 0 39
Dumfries Commerce Center, A Condominium (dcc) Page 1
Statement (12 months)Period = Jan 2018-Aug 2018
Book = Accrual
Friday, September 07, 2018
09:52 AM
Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Jun 2018 Jul 2018 Aug 2018 Total
TOTAL G AND A EXPENSE 1,000 984 984 996 984 984 996 984 7,915
UTILITIES Electricity 392 384 358 357 330 279 268 131 2,499 WaterSewer 583 626 366 322 322 322 203 225 2,969 Telephone 143 143 143 143 0 291 143 143 1,150 Trash Removal 455 455 455 455 455 455 455 455 3,640
TOTAL UTILITIES 1,573 1,609 1,323 1,277 1,107 1,347 1,069 953 10,258
REPAIRS AND MAINTENANCE General Maintenance Repairs 0 0 0 0 1,792 1,345 0 0 3,137 Landscape Maintenance 293 0 0 586 293 293 293 293 2,051 Parking Lot Sweeping 0 0 0 0 285 0 95 0 380 Roof Repairs 0 0 0 0 0 625 0 0 625 Security Contract 0 0 0 115 0 0 115 0 230 Snow and Ice Removal 3,833 892 1,360 0 0 0 0 0 6,085
TOTAL REPAIRS AND MAIN... 4,126 892 1,360 701 2,370 2,263 503 293 12,508 ReservesBudgeted 1,792 1,792 1,792 1,792 1,792 1,792 1,792 1,792 14,339
TOTAL BUDGETED RESERVES 1,792 1,792 1,792 1,792 1,792 1,792 1,792 1,792 14,339
TOTAL OPERATING EXPENSES 6,698 3,486 3,667 2,974 4,462 4,595 2,568 2,231 30,680
TOTAL OPERATING INCOME -854 2,356 2,257 2,870 1,384 1,253 3,281 3,638 16,185
NONOPERATING EXPENSES
TOTAL NET INCOME -854 2,356 2,257 2,870 1,384 1,253 3,281 3,638 16,185
Dumfries Commerce Center, A Condominium (dcc) Page 2
Statement (12 months)Period = Jan 2018-Aug 2018
Book = Accrual
Friday, September 07, 2018
09:52 AM
Dumfries Commerce Center
2018 Approved Budget
No Increase
Income Annual
Condominium Fees (No Increase) $69,029.00
Interest Income $200.00
Total Income $69,229.00
Administrative Expenses
Administrative $200.00
Management Contract $11,814.10
Tax Return Preparation $500.00
Legal $200.00
Insurance Policy $6,800.00
Total Administrative Expenses $19,514.10
General Common Element Expenses
Maintenance & Repairs $4,500.00
Security Contract $500.00
Street Sweeping $570.00
Landscape Maintenance $3,688.00
Snow Removal $3,500.00
Trash Removal $4,680.00
Electricity $4,200.00
Water & Sewer $2,900.00
Telephone $1,668.00
Stormwater Maintenance $2,000.00
Total Common Element Expenses $28,206.00
Total Operation Expenses $47,720.10
Reserves $21,508.90
Total Expenses and Reserves $69,229.00
Common ElementTypical
Useful Life
Estimated Years
of Useful LifeSize/Quantity
2017 Replacement
Cost
Fully Funded
Reserves
Pro Rata Share of
Total Replacement
Cost
Exterior
Roof/Flashing 15 3 47,970 $263,835 $211,068 46%
Parking Lot (Overlayment) 15 3 7500 $112,500 $90,000 20%
Sidewalks 50 38 3500 $38,500 $9,240 7%
Curb and Gutter 50 38 2500 $100,000 $24,000 17%
Exterior Painting 11 1 $27,000 $24,545 5%
Exterior Joints Caulking 12 1 $20,000 $18,333 3%
Wet Glaze Windows (Glass to Metal) 12 1 $7,000 $6,417 1%
Exterior Lights (LED) 25 13 $6,000 $2,880 1%
Total $574,835 $386,483 100%Reserves as of 9.30.17 $195,051
Increase Required to Fully Fund Reserves -$191,432
Year Built 2005
Reserve Study Year 2017
Building Age 12
Size of the building 47,970
Roof (price per SF) $5.50
Asphalt Replacement (Per SY.) $15
Concrete (price per SF) $11
Curb and Gutter (price per LF) $40
Dumfries Commerce Center
Commercial Condominium Management Company 8456A Tyco Road, Vienna, VA 22182 Phone (703)-448-6900 Fax (703) 893-5843
INVOICE
TO: True Faith Church of VA, Inc. 3201 Mountain Laurel Loop
Dumfries, VA 22026
INVOICE # DCC - 17861 DATE: 9/10/2018
TECH JOB PAYMENT TERMS JOB COMPLETED ON
Taylor DCC - 17861 Due on receipt 9/10/2018
QTY DESCRIPTION UNIT PRICE LINE TOTAL
1 Resale Package Fee (Paid by Seller at closing) $125.00 $125.00
1 Transfer Fee (Paid by Buyer at closing) $50.00 $50.00
Please send a copy of the Invoice with payment. Make check payable to
Commercial Condominium Management Company
THANK YOU FOR YOUR BUSINESS! TOTAL DUE $175.00