Sugarland Run Homeowners Association

2017 Budget

SUGARLAND RUN HOMEOWNERS ASSOCIATION
2017 BUDGET

 

REVENUE
RESIDENTIAL ASSESSMENTS 1,499,920
LEGAL FEE REIMBURSEMENT 50,000
LEGAL TURNOVER FEES 3,000
CLUBHOUSE RENTAL 7,000
SECURITY DEPOSIT (CLUBHOUSE RENTAL) 0
POOL PASS REPLACEMENT 1,000
POOL GUEST PASSES 400
NEWSLETTER ADVERTISEMENTS 0
INTEREST – OPERATIONS 0
INTEREST – RESERVES 40
RETURN CHECK FEES 600
VENDING INCOME 100
MISCELLANEOUS INCOME 500
TOTAL REVENUE 1,562,560
GENERAL/ADMINISTRATIVE EXPENSES
BOARD FUND 2,500
OFFICE SUPPLIES 6,000
COMPUTER & SUPPORT 4,000
TELEPHONE 8,500
WEBSITE 8,000
POSTAGE 30,000
EQUIPMENT PURCHASES & LEASES 13,000
MANAGEMENT FEES 345,953
ACCOUNTING/AUDIT SERVICES 6,200
LEGAL SERVICES – GENERAL 10,000
LEGAL SERVICES – ARC 10,000
LEGAL SERVICES – COLLECTIONS 90,000
TAXES & LICENSES 2,000
INSURANCE 30,000
BOD MINUTES 3,750
BAD DEBTS 10,000
RESERVE STUDY 0
VENDING EXPENSES 150
TOTAL ADMINISTRATIVE EXPENSES 580,053
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT 95,000
EQUIPMENT/TRUCK MAINTENANCE 1,500
LAKE MAINTENANCE CONTRACT 6,000
TREE REMOVAL 40,000
COMMON GROUND CARE 20,000
SNOW REMOVAL 20,000
TOT LOT MAINTENANCE 5,000
STREET LIGHT MAINTENANCE 35,000
OPERATING RESERVES 30,000
TOTAL COMMON ELEMENTS EXPENSE 252,500
COMMUNITY CENTER & PROGRAM EXPENSE
NEWSLETTER          25,000
CUSTODIAL SUPPLIES & SERVICE          12,000
COMMUNITY PROGRAMS (CAC)             5,000
UNEXPECTED EXPENSE-EVENTS          10,000
UTILITES          75,000
GENERAL REPAIRS          20,000
SECURITY          12,500
PEST CONTROL             2,000
TOTAL COMMUNITY CENTER & PROGRAM EXPENSE        161,500
POOL EXPENSES
POOL CONTRACT 77665
SWIM TEAM 5,000
POOL FURNITURE 4,000
POOL MAINTENANCE 30,000
POOL SUPPLIES 5,000
POOL WATER 5,000
TOTAL CONTRACTED SERVICES 126,665
RESERVES
TOTAL RESERVES 441,842
TOTAL EXPENSES 1,562,560
SURPLUS/(DEFICIT) FUNDS 0