|
|
| Beginning balance |
$702,784.29 |
|
|
|
Revenue: |
|
Lot sales
(190 parcels*) |
$6,408,950.00 |
Six percent
buyers premium |
384,537.00 |
| Interest income |
4,984.02 |
| Total revenue |
6,798,471.02 |
|
|
| Expenditures: |
|
| Realtor commission |
157,260.00 |
| Auctioneer's fee |
92,910.00 |
| County closing costs |
150,863.70 |
| Auctioneer's advertising |
154,709.92 |
| Appraisal fees |
25,000.00 |
| Telecom / other |
4,827.42 |
| City of North Port |
3,451,113.54 |
| Total expenditures |
4,036,684.58 |
|
|
| Ending balance |
$3,464,570.73 |
*Listing of individual parcels
|