Resident Manager's Report
September 2006
• The 8x10 shed, we requested last month to store extra yard supplies and equipment stored at mobile maintenance, has been ordered. ~
• One resident complained about a hedge blocking the sidewalk. The hedge has been trimmed.
• Two sewer clean outs have been completed. The entire line was cleaned from 1 through 10 for $575. The second clean out required only a short distance, for $143.
• Gene, Alex and Julie checked #149 regarding the 7 ft. fence they requested. Julie checked rules and fences are limited to 6 ft. in height.
• One resident complaining of humming in pipes. We check the problem and there is vibration in pipes, both inside and outside.
• Another resident requested one month free rent for labor and supplies required to clean raw sewage under his house. When questioned his costs were cat litter, etc.
We told him to notify us in the future, we would take care of the problem.
• Davey Tree turned out to be the most affordable bid. We have requested them to prune and remove dead wood from trees that are considered dangerous.
• Roger was called for bid on blacktop repair on North Folsom area.
• One resident was observed spitting on car at #155 when stopped at speed bump.
• The famous truck with expired plates has been given an extension until Nov/15/06 due to many problem too numerous to list.
• We have one complaint regarding new light bulbs being too bright The same resident complained of smoke from wood-burning stoves drifting into home.
• We received one noise complaint regarding someone playing drums for 3 hours; we requested he call the police.
• Another resident complaint of neighbor sitting in their yard.
• We have a home improvement request for moving shed to a different location.
• Also we would like to discuss the problem of people living in homes who are not on the lease.
• We have the opportunity of obtaining free wood fencing at no cost to us. We probably need 3 to 4 hundred feet to cover area behind #146 to #153 (approx.). Thanks to Sandy for this offer.
September 15, 2006
RE: Mapleton Mobile Home Park, August 2006 Financial Report
Financial Outline
Scheduled Rental: $45,625.00 Net Operating Income: $ 11,362.22
Total Income: $43,567.92 Total Operating Expense: $ 32,205.70
Net Income; $1 1,223.79
Total Liabilities and Capital $212,065.88 Total Lots 135
Summary of Operations
Enclosed is the August 2006 financial statement. Budgeted Rental Income was $45,211.00. The amount collected this month was $45,625.00. Actual Collection loss was ($2008.54). Total Operating Income for the month of August was $43,567.92, which was $508.08 less than budgeted due to vacancy loss, collection loss. The August operating expenses were $32,205.70, which was $2,313.30 more than budgeted due to legal fees, postage, office supplies, general maintenance, gas, water, sewer, trash service, and insurance,.
The Net Operating Income for August was $11,362.22. Cash on hand was $184,509.14.
Security Deposit reserve is $27,557.00. As of August 31, 2006 there were 12 residents with
past due amounts. The total amount owed on these accounts is $31,370.37 Of these accounts
7 have balances of $1000.00 or more that are 90 days past due. Total due over 90 days is
$21,263.00. This balance includes three residents whose rent structure is in dispute.
At this time, there are 5 vacant lots, one administrative unit and one unit occupied by the resident manager. All of these units are included in Total Lots of 135.