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Evidence Library/Weak financial controls
Primary recordHash verified (fingerprint checked)ID: fin-2025-10-income-statement

October 2025 Income Statement — Lakes of Woodtrace

Finding at issueAssociation records document named-person payments. The controls surrounding those payments remain incomplete.
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Source identity

Title
October 2025 Income Statement — Lakes of Woodtrace
Record date
October 31, 2025
Publisher / source
Lakes of Woodtrace Community Association Inc
Source type
Unaudited monthly income statement (PDF)
File type
application/pdf
Pages
—
Published
August 27, 2026
Archive record ID
fin-2025-10-income-statement

Summary

October 2025 income statement (hash-VERIFIED, SHA-256 BAFDC711…): YTD revenue $993,107.58, YTD expenses $1,325,207.16, YTD deficit $332,099.58, October monthly surplus $18,239.40. The YTD deficit agrees exactly with the October 31 balance sheet's reported current-year deficit of $332,099.58 (internal reconciliation between two association reports).

What this establishes

  • The October YTD deficit ($332,099.58) matches the October 31 balance sheet's reported current-year deficit — an internal reconciliation between two association reports.
  • Fencing, fencing-storm, pest-control and grounds classifications were already present by October 2025 and were not merely December year-end adjustments.

What this does not establish

  • Any misuse, falsification, or unauthorized expenditure. The classifications and budget variances warrant examination of the detailed general ledger, invoices, contracts, insurance records, board approvals, and adjusting entries.

Why it matters

Establishes the timing of the large 2025 classifications and reconciles to the October balance sheet.

Related records

Open questions — records still needed

  • Detailed general ledger, vendor invoices, contracts, insurance records, and board approvals for the reported classifications.

Parties named in this record

Crest Management

Known limitations

Unaudited monthly statement. Reported figures only; not independently reconciled to source ledgers by this site.

Integrity information

Original filename
20251031 Income Statement.pdf
File size / extent
335 KB
SHA-256
BAFDC711291208B4F66888C9E05F7779772C15B88246AB67DFCF89FF0813FCD3
Complete or excerpted
Complete public copy
Redaction status
Association financial report; contains no resident-directory data, private contacts, or credentials. Served in full.

“Verified” refers to file provenance or capture integrity; it does not mean every statement inside the record is true.

Corrections and responses

No corrections or responses have been published for this record yet. Verified corrections and any full Board, management, vendor, or named-person response will be dated and linked here.

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Revision history

  • August 27, 2026Record created for first public release.

Last reviewed: August 27, 2026