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The 182 pages of detailed financials for April have not yet been reviewed by the Executive Finance Committee. Accordingly, this report is based only on my review. April is the first month of our new fiscal year. Copies of the April statements have been posted to the OHCC website. April revenue was slightly below our projections by $3,000. While most of our revenue is fixed, Clubhouse fees and other related income was lower due to inactivity. Expenses were also lower than budgeted by $106,000, with the largest savings being water at $52,000 due to the April rains. In addition, a few services are on hold or on a more limited schedule during the emergency and resulted in small savings. We had forecast a gain for this month of about $28,000, but with the lower expenses we showed a larger surplus of about $131,000 and a net difference from budget of $103,000. (Year-to-Date amounts and monthly amounts are the same due to this being the only completed month.) | OHCC LIVING | JUNE 2020 | 5 Overall, our outstanding receivables from assessments are lower, although there are several accounts which remain unpaid for the month of April. This is typical for the first month of a fiscal year as homeowners adjust to the fee changes. Our HOA remains in excellent financial condition. I would be happy to answer any questions you may have about this report, our financial statements or our finances in general. Treasurer's Report By Greg Kusiak, MBA, Treasurer, gregory_kusiak@msn.com 30 April 2020 Operating Cash & Receivables $ 1,376,000 Reserves and Other $ 5,769,000 Total Assets $ 7,145,000 Reserve Obligations $ 5,684,000 Current Liabilities $ 394,000 Equity $ 1,067,000 April Fiscal Year Income $ 680,000 $ 680,000 Expenses $ 550,000 $ 550,000 Net $ 130,000 $ 130,000 By Scott Lemieux, CPS Director As we move into a new normal that is COVID-19 and the precautions that impact our daily lives, we must not ignore the other challenges that remain. The reality of threats posed by cyber crime and nature itself that are very much a part of life at OHCC. In terms of cyber crime, CPS recently assisted a resident with an attempt to extort a large sum of money via an email. The resident made a good decision and consulted a fellow resident who then referred the resident to CPS. I contacted Oceanside Police Department and the FBI's Cyber Crimes Unit for guidance and we were able to assist the resident in addressing this cyber crime with the appropriate law enforcement agency. If you believe you are the victim of a cyber crime please contact CPS or the authorities immediately. Do not delete the email, depending on the nature of the crime the authorities may be able to forensically track the perpetrator via the email. If you have any questions please contact CPS for assistance. Nature continues to require constant diligence as we move into warmer days. Please take all the necessary precautions of staying hydrated to avoid heat related illnesses. Additionally, rattlesnakes and other wildlife pose a danger to both residents and their pets. Please be aware of your surroundings as you walk throughout the community. Rattlesnakes, coyotes and bobcats have been seen by residents throughout the community at all times of the day and night. Please contact CPS for assistance with any wildlife that poses a threat to you or the community. As always if you have any questions or recommendations please feel free to contact me at the Front Gate and I'd be happy to assist you. Please remember to abide by posted speed limits and obey all traffic signs. Safety is the objective, not citations. We all contribute to the culture of safety within the community. Safety doesn't happen by accident. Community Patrol Services