| 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 |
