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 |