Archive for April, 2008
April 15th, 2008 | 
Author: |
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Jan – Dec 08 |
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Ordinary Income/Expense in Pesos |
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Income |
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Improved Lots (72 lots x US$870) x 10.5 to convert to pesos |
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657,720.00 |
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Unimproved Lots (24 lots x US$470) x 10.5 to convert to pesos |
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118,440.00 |
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Total Income in Pesos |
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776,160.00 |
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Expense in Pesos |
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Bank Service Charges |
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Com Minima por uso enlace |
24,000.00 |
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I.V.A. por comision |
3,600.00 |
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Bank Service Charges – Other |
1,200.00 |
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Total Bank Service Charges |
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28,800.00 |
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Payroll Expenses |
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Social Security |
32,200.00 |
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Wages |
135,000.00 |
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Total Payroll Expenses |
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167,200.00 |
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Professional Fees , Roads & others |
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Consulting ( Javier Copca ) |
151,200.00 |
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Legal & Collection Expense |
200,000.00 |
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Road Maint. |
50,000.00 |
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Total |
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401,200.00 |
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Program Expense |
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5,000.00 |
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total |
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5,000.00 |
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Security Expense |
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Gasoline |
6000.00 |
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Repairs & maintence |
4800.00 |
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Purchase 2 quads (paid with Assesment) |
0.00 |
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Gates, Signs & Uniforms |
7160.00 |
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Holiday Pay |
16000.00 |
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Vacation Pay |
11000.00 |
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Total Secirity Expense |
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44,960.00 |
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Total State Taxes |
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12,000.00 |
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Contingency (10%) |
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80,000.00 |
80,000.00 |
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Trash |
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Disposal |
37,000.00 |
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Total Trash |
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37,000.00 |
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Total Expense |
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776,160.00 |
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Net Ordinary Income |
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0.00 |
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Net Income |
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0.00 |
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Posted in 
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Jan – Dec 08 |
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Ordinary Income/Expense in Pesos |
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Income |
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Improved Lots (85 lots x US$800) x 10 to convert to pesos |
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680,000.00 |
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Unimproved Lots (27 lots x US$400) x 10 to convert to pesos |
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108,000.00 |
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Total Income in Pesos |
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788,000.00 |
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Expense in Pesos |
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Bank Service Charges |
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Com Minima por uso enlace |
24,000.00 |
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I.V.A. por comision |
3,600.00 |
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Bank Service Charges – Other |
1,200.00 |
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Total Bank Service Charges |
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28,800.00 |
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Payroll Expenses |
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Social Security |
32,200.00 |
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Wages |
135,000.00 |
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Total Payroll Expenses |
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167,200.00 |
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Professional Fees , Roads & others |
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Consulting ( Javier Copca ) |
151,200.00 |
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Legal & Collection Expense |
200,000.00 |
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Road Maint. |
50,000.00 |
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Total |
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401,200.00 |
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Program Expense |
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5,000.00 |
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total |
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5,000.00 |
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Security Expense |
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Gasoline |
6000.00 |
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Repairs & maintence |
4800.00 |
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Purchase 2 quads (paid with Assesment) |
0.00 |
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Gates, Signs & Uniforms |
10000.00 |
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Holiday Pay |
16000.00 |
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Vacation Pay |
11000.00 |
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Total Secirity Expense |
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47,800.00 |
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Total State Taxes |
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12,000.00 |
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Contingency (10%) |
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89,000.00 |
89,000.00 |
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Trash |
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Disposal |
37,000.00 |
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Total Trash |
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37,000.00 |
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Total Expense |
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788,000.00 |
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Net Ordinary Income |
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0.00 |
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Net Income |
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0.00 |
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ELECTRICAL COMMITTEE REPORT
COMMITTEE REPORT TO THE BOARD …for the MEMBERS
Jim Jasin
Saturday, April 05, 2008
To the HOA members This memo is intended to share information on the power committee findings. As our disclaimer
we advise you that we are in Mexico and what we learned in the past may not be accurate today. This is what we
know today. CFE is the Mexican electric power utility in RP. They sell power to the residential community. They have
two residential programs. These can be found on their website.
www.cfe.gob.mx./aplicaciones/ccfe/tarifas/tarifas/Tasifas.asp ?Tarifa=OM
The low usage customer can chose the O-M program. It is good for those that estimate their usage to be up to 100
KW per month. The cost per KW is 1.001 pesos about $.10 per KW. In MN we pay $.09 per KW. Almost the same.
CFE has a 2nd program for the large residential user. It is based on the time of day you use power with the highest
rate for power consumed between 8PM and 10P in the summer. It goes as high as 1.8630 pesos per KW. In the
medium/low time it is about 1pesos per KW. You can get the exact rates from their website. If you chose to hookup
and not use power the fee is 20 pesos per month. Also you don’t need to hookup if you don’t want. We do not need
100% participation . In addition the homeowner has the option to not run a secondary line from the meter to the panel.
Going back towards the substation there are several steps we need to consider First we must put in an underground
system in the subdivision. This will include a 13.2KV underground line that runs the length of our road. Off this there
will be drops that run to the transformers. Each transformer can feed 4 to 6 houses. Then we need 120/240volt drops
to the meter sockets. We need to decide how much service each home will need, 100 amp or 200amp service. We
need to hire a contractor to do this installation. When it is complete and operating we turn it over to CFE. They then
own it, operate it and maintain it. We will work with CSI the local contractor to give us a price. The next step is to get
13.2KV from the substation on the highway to our subdivision. There are many options being investigated. One is to
work with Mayan Palace. We had a meeting with them last month that went well. The other option is to run our own
line and turn it over to CFE. We are woking with CFE and CSI on options. By the time of our meeting we hope to have
a questionair to handout to get some idea of the level of our HOA interest.
