Mystery Line (2330) on Financial Statements

What is this $225,234 for?

There is a mysterious Line 2330 in the Financial Statements called "SCS Administrative Costs". SCS is an affiliate of CAMS. 

This Line is found on the Balance Sheet every month, but not on the Income and Expense Statement. It is in the category of "Other Current Liabilities".

When I attended the December 2023 Finance Committee meeting, I asked what that liability was. No one knew. Has anyone found out since?

If it's a Liability, then it should show up on an Expense Statement as paid. But it doesn't. The amount changes every month.

$  23,672.38 January 2024

$  22,632.38 February 2024

$  22,312.38 March 2024

$  21,583.38 April 2024

$  20,487.38 May 2024

$  20,197.38 June 2024

$  19,832.38 July 2024

$  23,517.38 August 2024

$  23,247.38 September 2024

$  27,752.38 October 2024

$225,234.80 Ten-month Total

Why does every month's entry end in $.38?

If this is some type of (hidden) back-office expense, how is the HOA paying it? Where is it found in the Budget?


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