1. The figures of the month
Concept | June 2026 | January–June 2026 |
|---|---|---|
Total income | $2,681,864 | $27,470,982 |
Total expenses | $4,305,320 | $22,458,653 |
Result of the period | ($1,623,456) | $5,012,330 |
Figures in Mexican pesos. The accumulated total for the semester remains positive, but, as we have explained in previous reports, this surplus corresponds almost entirely to extraordinary contributions intended for specific projects. Section 5 breaks it down.
2. What explains the result of June
a) Labor settlement in the General Management — $404,073. During June, the employment relationship with the head of General Management concluded. The Association fully covered the benefits established by the Federal Labor Law in these cases, through an agreement signed by both parties. This is a one-time expense, already incurred and paid, that will not be repeated.
Concept of the settlement | Amount |
|---|---|
Constitutional indemnity | $317,212 |
Proportional Christmas bonus | $50,255 |
Proportional vacation | $21,301 |
Seniority bonus | $9,980 |
Vacation bonus | $5,325 |
Total | $404,073 |
b) Accelerated progress of the remodeling of the Security Booth — $554,070 in the month. The work advanced significantly in June. It is an approved investment desired by the community, but its execution pace exceeded that of the collection of the corresponding fee (see section 6).
c) Bimonthly social security cycle. The contributions from RCV, Afore, and Infonavit are reported every two months. June was a reporting month, which concentrates approximately $370,000 additional social burden in a single month. It is a calendar effect that repeats in February, April, June, August, October, and December.
d) Weak collection. Maintenance fees totaled $1,821,196 against a monthly expectation of $2,742,768. The recovery of overdue fees also decreased, to $57,378.
3. Where the income comes from
| Source | June 2026 | January–June 2026 |
|---|---|---|
| Property maintenance fees | $1,821,196 | $14,517,048 |
| Recovered overdue fees | $57,378 | $2,598,445 |
| Pending fees to identify | ($142,643) | $1,001,629 |
| Construction fees | $99,318 | $616,195 |
| Wristbands, passports, and fines | $88,875 | $670,060 |
| Leases and reimbursements | $83,566 | $850,863 |
| Interest and exchange effect | $31,878 | ($59,859) |
| Contributions to extraordinary projects | $642,295 | $7,276,602 |
| Total | $2,681,864 | $27,470,982 |
About the "fees to identify"
When we receive a transfer without a reference that allows us to know who is paying or what period it covers, we cannot apply it to the owner's account. In those cases, the payment is temporarily recorded in Fees to Identify until its reconciliation is achieved. Most end up being applied to property fees, and a smaller part to overdue fees.
In June, $142,643 were reconciled and reassigned, reducing the outstanding balance to $1,001,629. That’s why this line appears in negative: it is not a refund, it is money that was moved to the correct owner's account.
How you can help us: when making your transfer, always include your property number in the reference or concept field. It is the simplest way to ensure that your payment is applied correctly and that your account statement reflects your actual situation.
4. How your fees are invested
| Item | June 2026 | Jan–Jun 2026 | % of total |
|---|---|---|---|
| Security | $1,060,998 | $6,507,283 | 29.0% |
| Operational and maintenance staff | $936,270 | $5,236,624 | 23.3% |
| Administrative staff | $972,186 | $4,283,190 | 19.1% |
| Operational and maintenance expenses | $416,202 | $2,777,135 | 12.4% |
| Administrative expenses | $220,421 | $1,912,583 | 8.5% |
| Extraordinary projects | $566,737 | $1,062,000 | 4.7% |
| Depreciation | $90,333 | $608,316 | 2.7% |
| Neighborhood committees | $42,173 | $71,521 | 0.3% |
| Total | $4,305,320 | $22,458,653 | 100% |
A little more than 71 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.
5. The result of the semester, explained
The accumulated January–June shows a surplus of $5,012,330. Separating the ordinary operation from the extraordinary projects, the real picture is as follows:
| Component | Jan–Jun 2026 |
|---|---|
| Result of the ordinary operation | ($953,104) |
| Contributions to extraordinary projects | $7,255,086 |
| Expense applied to those projects | ($1,289,652) |
| Reported surplus | $5,012,330 |
6. Extraordinary projects: progress and balances
| Project | Collected | Applied | Balance |
|---|---|---|---|
| Barrier against sargassum | $5,619,018 | $4,877,637 | $741,381 |
| Cultural Center | $1,039,561 | $168,799 | $870,762 |
| Security Booth | $413,891 | $1,049,333 | ($635,442) |
| Bike Path | $105,611 | — | $105,611 |
| Corales Project (neighborhood committee) | $77,005 | $71,521 | $5,484 |
| Total | $7,255,086 | $6,167,290 | $1,087,796 |
Security Booth — the point that requires attention.
The project has consumed $1,049,333 against $413,891 collected from the corresponding fee. The difference of $635,442 is being temporarily financed with resources from ordinary operations, and grew significantly during June.
Barrier against sargassum.
The investment was fully paid in May, for $4,877,637. Starting in June, depreciation is calculated on the full value of the asset, which explains the increase in that line compared to previous months. The remaining balance of the fee, $741,381, remains allocated to this project.
Cultural Center and Bike Path.
Both maintain available balances ($870,762 and $105,611) and will progress according to the schedule defined by the Board.
7. Performance against the budget
At the end of the semester, ordinary income from fees is practically in line with the budget (+1.0%). However, this balance is sustained thanks to the recovery of overdue fees, which is 73% above what was expected. The collection for the current year, including payments yet to be identified, is approximately 5.7% below what was budgeted.
Both maintain available balances ($870,762 and $105,611) and will progress according to the schedule defined by the Board.
The expense items that require monitoring are:
| Item | Actual Jan–Jun | Budget | Variation |
|---|---|---|---|
| Outsourced security services | $6,165,924 | $5,149,998 | +19.7% |
| Lighting maintenance | $259,936 | $124,998 | +108.0% |
| Pest control | $244,129 | $137,202 | +77.9% |
| Truck maintenance | $84,042 | $49,998 | +68.1% |
| Garbage collection | $368,116 | $270,000 | +36.3% |
| Fuels and lubricants | $428,261 | $334,998 | +27.8% |
| Public area staff | $1,952,081 | $2,406,540 | −18.9% |
| General maintenance | $126,854 | $300,000 | −57.7% |
| General supplies | $30,629 | $100,002 | −69.4% |
The most relevant case remains that of the outsourced security services, with a cumulative deviation of $1,015,926 at the end of the semester. It is the only deviation of structural magnitude in the budget.
8. Financial strength and liquidity
| Concept | As of June 30, 2026 |
|---|---|
| Cash in banks and investments | $13,680,849 |
| Total liabilities | ($7,182,721) |
| Own resources | $6,498,128 |
| Less: balances committed to projects | ($1,087,796) |
| Unrestricted reserve | $5,410,332 |
Liabilities include $5,309,922 in construction deposits, refundable to owners upon completion of their works, and $1,083,298 from the workers' savings fund. None of these resources belong to the operation.
Our reading of the semester:
the Association is solvent and has no debt, but closed the first semester with ordinary operations in deficit and with a thinner reserve than a month ago. June included one-time expenses that will not be repeated, and that allows room for correction. The Board's priorities for the second semester are three: contain the deviation in security, organize the financing of the remodeling of the Booth, and sustain collections. We will report monthly on progress in each area.