Sugarland Run Homeowners Association

2019 Budget

SUGARLAND RUN HOMEOWNERS ASSOCIATION
2019 BUDGET

REVENUE
RESIDENTIAL ASSESSMENTS 1,653,766
LEGAL FEE REIMBURSEMENT 50,000
LEGAL TURNOVER FEES 3,000
CLUBHOUSE RENTAL 8,000
SECURITY DEPOSIT (CLUBHOUSE RENTAL) 0
POOL PASS REPLACEMENT 1,000
POOL GUEST PASSES 500
INTEREST – OPERATIONS 0
INTEREST – RESERVES 500
RETURN CHECK FEES 700
VENDING INCOME 0
MISCELLANEOUS INCOME 500
TOTAL REVENUE 1,717,966
GENERAL/ADMINISTRATIVE EXPENSES
RESIDENT SURVEY 1,500
BOARD FUND 600
OFFICE SUPPLIES 7,500
COMPUTER & SUPPORT 3,000
TELEPHONE 12,000
WEBSITE 1,000
POSTAGE 30,000
EQUIPMENT PURCHASES & LEASES 15,000
MANAGEMENT FEES 359,929
ACCOUNTING/AUDIT SERVICES 6,600
LEGAL SERVICES – GENERAL 10,000
LEGAL SERVICES – ARC 10,000
LEGAL SERVICES – COLLECTIONS 100,000
TAXES & LICENSES 1,000
INSURANCE 33,000
BOD MINUTES 3,750
BAD DEBTS 20,000
RESERVE STUDY 0
VENDING EXPENSES 0
TOTAL ADMINISTRATIVE EXPENSES 614,879
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT 95,000
EQUIPMENT/TRUCK MAINTENANCE 2,500
LAKE MAINTENANCE CONTRACT 5,000
TREE REMOVAL 50,000
COMMON GROUND CARE 5,000
SNOW REMOVAL 20,000
TOT LOT MAINTENANCE 15,000
STREET LIGHT MAINTENANCE 35,000
OPERATING RESERVES 50,000
TOTAL COMMON ELEMENTS EXPENSE 277,500
COMMUNITY CENTER & PROGRAM EXPENSE
NEWSLETTER 20,000
CUSTODIAL SUPPLIES & SERVICE 14,000
COMMUNITY PROGRAMS (CAC) 6,000
UNEXPECTED EXPENSE-EVENTS 10,000
UTILITES 85,000
GENERAL REPAIRS 22,500
SECURITY 5,000
PEST CONTROL 2,000
TOTAL COMMUNITY CENTER & PROGRAM EXPENSE 164,500
POOL EXPENSES
POOL CONTRACT 82,800
SWIM TEAM 5,000
POOL FURNITURE 4,000
POOL MAINTENANCE 30,000
POOL SUPPLIES 4,000
POOL WATER 4,000
TOTAL CONTRACTED SERVICES 129,800
RESERVES
TOTAL RESERVES 531,287
TOTAL EXPENSES 1,717,966
SURPLUS/(DEFICIT) FUNDS 0