Subj: Year 2004 Miscellaneous Expense
Date: 3/14/2005 1:25:59 A.M. Central Standard Time
From: LS0909
To: directors@circlecranch.info, hmgiles@onr.com
CC: info@circlecranch.info, committees@circlecranch.info, landscape@circlecranch.info, cdietz@circlecranch.info, qfennessy@circlecranch.info, mgoehring@circlecranch.info, aemartin@circlecranch.info, escruggs@circlecranch.info, surban@circlecranch.info



Dear Directors of the Board:

When I reviewed the Income & Expense Statement of 2004, I noticed that the Miscellaneous was unusually high; it was 227% more than the previous year, and 2,474 % more than Year 2002.

2004 - $31,196
2003 - $ 9,534
2002 - $ 1,212
2001 - $ 3,128
2000 - $ 2,242

To my knowledge, the best place to hide illegitimate and fraudulent expenses is at the Miscellaneous Expense Category. Could you please explain why the Year 2004?’s miscellaneous expense was that unusually high?


Sincerely,
Lisa Sun
Circle C Homeowners