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 |