Sugarland Run Homeowners Association

2013 Budget

SUGARLAND RUN HOMEOWNERS ASSOCIATION
2013 REVISED BUDGET

REVENUE:
RESIDENTIAL ASSESSMENTS 1,296,055
LEGAL FEE REIMBURSEMENT 40,000
RESALE CERTIFICATES 50
CLUBHOUSE RENTAL 3,000
POOL RENTAL (SNOWBIRDS) 3,500
POOL GUEST PASSES 750
NEWSLETTER ADVERTISEMENTS 5,000
INTEREST-OPERATIONS 0
INTEREST-RESERVES 1,000
VENDING INCOME 400
MISCELLANEOUS INCOME 800
TOTAL REVENUE: 1,350,555
GENERAL/ADMINISTRATIVE EXPENSES:
BOARD FUND 500
COMMUNITY PROGRAMS – CAC 5,000
UNEXPECTED EXPENSES/COMM. EVENTS 10,000
OFFICE SUPPLIES 5,000
HOMEOWNER PAYMENT BOOKS 0
WEBSITE 5,000
COMPUTER & SUPPORT 8,000
TELEPHONE 5,500
UTILITIES 47,000
PEST CONTROL 1,800
GENERAL REPAIRS 15,000
CUSTODIAL SUPPLIES/SERVICES 12,000
NEWSLETTER 35,000
POSTAGE 16,000
EQUIPMENT PURCHASES & LEASES 8,300
MANAGEMENT FEES 326,945
ACCOUNTING/AUDIT SERVICES 6,500
LEGAL SERVICES – GENERAL 4,500
LEGAL SERVICES – ARC 1,000
LEGAL SERVICES – COLLECTIONS 80,000
TAXES & LICENSES 1,500
INSURANCE 22,000
BOD MINUTES 2,000
BANK CHARGES 200
BAD DEBTS 15,000
VENDING EXPENSES 400
RESERVE STUDY 0
TOTAL ADMINISTRATIVE EXPENSES: 634,145
COMMON ELEMENTS EXPENSE:
GROUND MAINTENANCE CONTRACT 95,000
EQUIPMENT/TRUCK MAINTENANCE 3,200
LAKE MAINTENANCE CONTRACT 4,000
TREE REMOVAL 90,000
COMMON GROUND CARE 10,000
SNOW REMOVAL 15,000
TOT LOT MAINTENANCE 5,000
STREET LIGHT MAINTENANCE 40,000
TOTAL COMMON ELEMENTS EXPENSE: 262,200
POOL EXPENSES:
POOL CONTRACT 72,000
SWIM TEAM 4,000
POOL FURNITURE 4,000
POOL MAINTENANCE 25,000
POOL SUPPLIES 5,000
POOL WATER 5,000
TOTAL CONTRACTED SERVICES: 115,000
RESERVES:
COMMUNITY CENTER/POOL HOUSE 0
STREET LIGHT REPLACEMENT 200,000
COMMUNITY CENTER IMPROVEMENTS 10,000
SWIMMING POOL 20,000
TENNIS COURT REPAIRS 30,000
TRAILS/PARKING LOT 66,767
TOT LOTS 11,443
REINVESTED INTEREST 1,000
TOTAL RESERVES: 339,210
TOTAL EXPENSES: 1,350,555
SURPLUS/(DEFICIT) FUNDS: 0