Treasurer’s Report 2026

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Comunidad Pinosol comprises

• 149 plots of which 145 are houses (1 share each)
• 1 house that occupies 2 plots (2 shares)
• 2 empty plots (1 share each)
• The Hotel (2.5 shares)

The total number of shares is 151.5, which equals 15,150€ at our current rate of 100€. We also rent out 10 post boxes at 25€ per year equaling 250€ making our total annual income 15,400€

The accounts are from 1 August 2026 to 31 July 2025, and the Expense Statement (on a separate sheet) shows what we have spent on the items for which we are responsible.

In short, we spent 13,209.19€ and put 2,455.81€ into our Reserve Fund.

Fees outstanding

The total of outstanding fees is 6,682.19€ of which 2,536.74€ is in the hands of the court. Outstanding amounts from last year will be collected with the next invoice and we will start appropriate action for long-term debtors.

Reserve Fund

We have a healthy balance of money in hand, but we have the following liabilities

• Repairs of the rainwater drainage system
• Legal fees for action against the Town Hall, cost not yet known could be as much as 90.000€ as paid by Tosalet for their legal proceedings.
• Repairs of the streetlight system as failures of the lampposts are increasing due to the age of the system.

Recommendation

We recommend that the fee continues at €100 for 2026/2027 to ensure we have enough to meet our liabilities.