Sugarland Run Homeowners Association

2015 Budget

SUGARLAND RUN HOMEOWNERS ASSOCIATION
2015 BUDGET

REVENUE
RESIDENTIAL ASSESSMENTS 1,428,546
LEGAL FEE REIMBURSEMENT 40,000
LEGAL TURNOVER FEES 2,000
CLUBHOUSE RENTAL 4,000
POOL RENTAL (SNOWBIRDS) 3,400
POOL PASS REPLACEMENT 500
POOL GUEST PASSES 500
NEWSLETTER ADVERTISEMENTS 4,000
INTEREST – OPERATIONS 0
INTEREST – RESERVES 600
RETURN CHECK FEES 700
VENDING INCOME 150
MISCELLANEOUS INCOME 500
TOTAL REVENUE
1,484,896
GENERAL/ADMINISTRATIVE EXPENSES
BOARD FUND 500
COMMUNITY PROGRAMS – CAC 5,000
UNEXPECTED EXPENSES/ COMM. EVENTS 10,000
OFFICE SUPPLIES 5,000
COMPUTER & SUPPORT 5,000
TELEPHONE 8,500
UTILITIES 65,000
PEST CONTROL 2,000
GENERAL REPAIRS 15,000
CUSTODIAL SUPPLIES/SERVICES 12,000
NEWSLETTER 35,000
POSTAGE 15,000
EQUIPMENT PURCHASES & LEASES 9,000
MANAGEMENT FEES 332,520
ACCOUNTING/AUDIT SERVICES 6,200
LEGAL SERVICES – GENERAL 10,000
LEGAL SERVICES – ARC 0
LEGAL SERVICES – COLLECTIONS 85,000
TAXES & LICENSES 2,000
INSURANCE 30,000
BOD MINUTES 2,000
BANK CHARGES 0
BAD DEBTS 15,000
VENDING EXPENSES 200
RESERVE STUDY 4,000
TOTAL ADMINISTRATIVE EXPENSES
673,920
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT 95,000
EQUIPMENT/TRUCK MAINTENANCE 4,000
LAKE MAINTENANCE CONTRACT 4,000
TREE REMOVAL 40,000
COMMON GROUND CARE 24,500
SNOW REMOVAL 15,000
TOT LOT MAINTENANCE 5,000
STREET LIGHT MAINTENANCE 38,000
OPERATING RESERVES 25,000
TOTAL COMMON ELEMENTS EXPENSE
250,500
POOL EXPENSES
POOL CONTRACT 79,100
SWIM TEAM 4,000
POOL FURNITURE 4,000
POOL MAINTENANCE 20,000
POOL SUPPLIES 5,000
POOL WATER 6,500
TOTAL CONTRACTED SERVICES
118,600
RESERVES
TOTAL RESERVES
441,876
TOTAL EXPENSES
1,484,896
SURPLUS/(DEFICIT) FUNDS
0