Campolindo Homeowners Association
			Forecasted Schedule of Estimated Major Component
			Replacement Provision for the year ending December 31, 2007
			and Liability at December 31, 2006
Description		Est. Useful	Est. Rem.	Curr. Repl.	Year Rplc.	Est. Liab.
		Life	Life	Cost	Prov.	12/1/06
Cabana
Roofing		20	1	9,000	450	8,550
Awning		5	2	1,500	300	900
Bulletin Boards (4)		10	2	5,000	500	4,000
Painting		5	1	6,000	1,200	4,800
Total Cabana				21,500	2,450	18,250
Pools + Other
Replaster, pool # 1(Lap Pool)		20	19	25,000	1,250	1,250
Replaster, pool # 2 (Meter Pool)		20	18	54,000	2,700	5,400
Solar Panels & pumps		15	10	28,000	1,867	9,333
Solar Panels Arbor - Painting		10	10	7,500	750	0
Coping, pool # 1		20	5	5,796	290	4,347
Coping, pool # 2		20	5	11,593	580	8,695
Chlorinator, pool # 1 & 2		10	3	8,162	816	5,713
Sand Filters, pool # 1		10	5	5,300	530	2,650
Sand Filters, pool # 2		10	4	7,526	753	4,516
Pump, 5 hp pool # 1		10	2	5,300	530	4,240
Pump 7.5 hp pool # 2		10	4	9,116	912	5,470
Covers, pool # 1		5	2	2,625	525	1,575
Covers, pool # 2		5	2	3,720	744	2,232
Heater, gas # 1		10	4	5,250	525	3,150
Heater, gas # 2		10	3	14,910	1,491	10,437
Skimmer valves, pool # 2		5	2	6,360	1,272	3,816
Diving board, pool # 2		10	10	3,000	300	0
Diving board platform		20	20	8,000	400	0
Deck pool # 1		40	28	23,185	580	6,956
Deck pool # 2		40	13	46,371	1,159	31,300
Toilet Partition / Boys		10	4	1,391	139	835
Toilet Partition / Girls		10	5	2,300	230	1,150
Shower		20	16	8,000	400	1,600
Brick BBQ		15	10	3,200	213	1,067
Fencing		10	4	10,000	1,000	6,000
Benches, concrete		10	1	6,608	661	5,947
Parking lot resurfacing		10	6	12,172	1,217	4,869
Play structure		10	3	8,347	835	5,843
Bleachers		15	9	8,700	580	3,480
Landscaping/Main Lawn		15	11	10,000	667	2,667
Lighting, pole		15	5	11,593	773	7,729
Total Pools + Other				363,025	24,687	152,265
Rounding to the nearest $1,000					-137	485
Estimated yearly replacement provision
of major components.					27,000
Estimated liability for repair and replacement
of major components at December 31, 2006						171,000
Estimated replacement fund cash reserves						95,000
Excess of estimated major component liability over
estimated cash reserve at December 31, 2006						76,000
Estimated major component repair and replacement
provision for the year ending December 31, 2007						50,000