Figures in Mexican pesos. As we have explained in previous reports, the accumulated surplus of the year corresponds almost entirely to extraordinary contributions allocated to specific projects, and does not represent money available for operations. Section 2 explains it.

To understand each month, we separate the ordinary operation —the costs and income of the daily functioning of the community— from the extraordinary projects, which are financed with specific fees approved for each work.

The ordinary operation recorded a result of −$299,520 in August. Two calendar factors explain it almost completely:

a) Second month of the quarter. Most of the maintenance fees are received in the first month of each quarter (January, April, July, and October). Intermediate months, like August, naturally receive fewer payments. That’s why the property fees for the month ($2,313,468) fell below the monthly expectation, as anticipated.

b) Bi-monthly social security payment. The contributions from RCV, Afore, and Infonavit are reported every two months. August was a reporting month, which concentrated approximately $319,000 of additional social burden in a single month. This effect repeats in February, April, June, August, October, and December.

With both effects considered, the ordinary operation remains close to balance in the year-to-date. October, the first month of the fourth quarter, should again reflect a stronger collection.

Maintenance fees: year-to-date

The accumulated property fees are 7.8% below budget ($20,237,919 actual vs. $21,942,144 budgeted). If we add the payments still pending identification —which mostly correspond to this same item— the actual gap is approximately 3.1%, the same as at the end of July.

This difference is mainly explained by debts concentrated in a small number of large properties within the development. Management is actively working to have them regularize their fees for the year; as this occurs, the item should align with the budget.

Recovery of overdue fees

August closed with $112,247 recovered. In total, the recovery amounts to $2,841,638 against $2,000,000 budgeted for the first eight months, 42% above. Payment agreements continue to yield results, and we thank the owners who have regularized their situation.

Approximately 72 cents of each peso are allocated to the people and services that care for the community: security, gardening, cleaning, public areas, roadways, and the administration that coordinates all of this.

Security. The outsourced security service cost $1,025,991 in August, in line with previous months. The deviation from the budget remains stable and the contract review is ongoing.

Union dues. The payment for the month was higher than usual because it included the contribution for the annual congress in September.

Electricity. In August, the bimonthly electricity bills were paid, which raises this month's expenses compared to July.

Fees to the Shopping Center. Maintenance fees from previous quarters that were pending payment were regularized, in addition to the contribution for the maintenance of the restrooms.

Corrections resulting from the audit. As part of the review of the records from January to August conducted for the audit, two February expenses were identified that were recorded in incorrect accounts and were corrected in August: the internet service for the security cameras ($15,936), which was recorded as office supplies, and the purchase of bulbs and spotlights ($10,375), which was recorded as electricity. Both adjustments only change the account in which these expenses are reflected; they do not modify the total expenses for the year. However, they explain why this month the items for cameras and lighting appear higher and the office supplies lower than usual.

Barrier against sargassum. In August, an additional investment of $400,000 was recorded in the barrier, bringing the total invested to $5,277,637. The remaining balance of the fee, $661,154, remains allocated to this project.

Security Booth. The project applied $65,074 in August, and for the first time in several months, the fee collection ($75,754) exceeded the month's expenditure. Nevertheless, the accumulated difference of $685,826 continues to be temporarily financed with resources from ordinary operations. The Board of Directors keeps the review of the project's scope and its financing scheme open.

Cultural Center. $8,445 was applied in repairs during the month. The project retains a available balance of $1,286,249.

Coral Project. The neighborhood committee applied $17,609 in August, resulting in the accumulated expenditure ($89,130) slightly exceeding the contributions ($78,451). The difference will be covered by the pending contributions from the committee.

Progress of extraordinary collection

All extraordinary fees progressed during the month. Just like with ordinary fees, a significant portion of the pending amounts corresponds to large properties, whose regularization remains a priority for the administration.

The regular operating expense for August (not considering depreciation or extraordinary projects) closed at $3,182,598, 1.5% above the budgeted amount for the month ($3,136,974). Year-to-date, the regular expense totals $26,795,668, 6.8% above the budget.

The spending on security remains the most significant deviation from the budget, with $1,316,134 accumulated above what was expected. On the favorable side, the main savings come from public area staff, general maintenance, and telephone and electricity services.

Liabilities include $5,309,922 in construction deposits, refundable to owners upon completion of their works, and $1,421,914 from the workers' savings fund. None of these resources belong to the operation.

The uncommitted reserve is approximately 1.8 months of ordinary operating expenses, practically the same as at the end of July (1.9 months). Available cash increased by $155,463 during the month. The Association has no bank debt of any kind.

The Board publishes monthly financial reports. The one for September 2026 will be published on colonos.org within the next 30 days. For any inquiries about this report or your account status, the official channels of the Association are at your disposal.

We appreciate, as always, your trust and your participation in the life of our community.