1. Budget Layout Overview PAR Operating Budget Income Expenses Overhead Utilities Exterminators Accounting Legal fees Business insurance Taxes Pool permits Pool chemicals Clubhouse maintenance Social expense Printing and reproduction Office supplies Information technology Community Appearance Grounds contract Plants, trees, timbers Tree/snow/debris removal Homeowner Services Payroll Bookkeeping Gutter cleaning Minor repairs Material and equipment Assessments Other Capital Budget GCI PAR (Paving and Roofing) (General Capital Improvements) Major paving and roof repairs Major capital improvements Siding repair and painting Decks Drainage correction Steps, stoops, sidewalks Pool repairs Clubhouse repairs Office equipment Etc.

2. NBTHA North State Bank Accounts PAR Operating BudgetCapital Budget GCI PAR (Paving and Roofing) (General Capital Improvements) PAR SDA M/M Account (Specially Designated Account) Checking Account Non-PAR Money Market (M/M) Account Dotted line split between Operating and GCI funds

3. NBTHA Budget Flows Operating Income (mainly assessments) Operating Expenses Overhead Community Appearance Homeowner Services Operating Surplus PAR Balance on Hand PAR Income PAR Expenses PAR Balance Carryover GCI Balance on Hand GCI Income GCI Expenses GCI Balance Carryover minus equals plus minus equals plus minus equals from last year to next year  Bulk transfers  PAR portion ($44) of assessments Sweep at end of year Bulk transfers ultimately destined for PAR from last year

4. Items for a More Detailed Class Reports  Financial Status in Newsletter  Monthly Financial Reports  Balance Sheet  Profit & Loss  Capital Budget Sheet  Year-End Reports  PAR SDA Reconciliation Budgets  Detailed FY 2010 (HTML)  Detailed FY 2010 (XLS)  Year-End Loan Paydown Internals Reference  Financial Reference Material nbtha.org/Minutes/Finance/$$$_Reference_Material.htm  CPI History  Assessment History  nbtha.org/Minutes/Finance/Loan_Paydown_LoC.xls nbtha.org/Minutes/Finance/Loan_Paydown_LoC.xls