REVENUE: |
RESIDENTIAL ASSESSMENTS |
1,360,673 |
LEGAL FEE REIMBURSEMENT |
40,000 |
LEGAL TURNOVER FEES |
3,000 |
RESALE CERTIFICATES |
0 |
CLUBHOUSE RENTAL |
2,000 |
POOL RENTAL (SNOWBIRDS) |
2,900 |
POOL GUEST PASSES |
800 |
NEWSLETTER ADVERTISEMENTS |
3,000 |
INTEREST – OPERATIONS |
0 |
INTEREST – RESERVES |
800 |
VENDING INCOME |
0 |
MISCELLANEOUS INCOME |
500 |
TOTAL REVENUE |
1,413,673 |
|
|
GENERAL/ADMINISTRATIVE EXPENSES: |
BOARD FUND |
500 |
COMMUNITY PROGRAMS – CAC |
5,000 |
UNEXPECTED EXPENSES/ COMM. EVENTS |
10,000 |
OFFICE SUPPLIES |
5,000 |
COMPUTER & SUPPORT |
8,000 |
TELEPHONE |
8,000 |
UTILITIES |
55,000 |
PEST CONTROL |
2,000 |
GENERAL REPAIRS |
15,000 |
CUSTODIAL SUPPLIES/SERVICES |
12,000 |
NEWSLETTER |
35,000 |
POSTAGE |
17,000 |
EQUIPMENT PURCHASES & LEASES |
9,000 |
MANAGEMENT FEES |
333,483 |
ACCOUNTING/AUDIT SERVICES |
6,200 |
LEGAL SERVICES – GENERAL |
10,000 |
LEGAL SERVICES – ARC |
0 |
LEGAL SERVICES – COLLECTIONS |
80,000 |
TAXES & LICENSES |
2,000 |
INSURANCE |
26,000 |
BOD MINUTES |
2,000 |
BANK CHARGES |
225 |
BAD DEBTS |
15,000 |
VENDING EXPENSES |
0 |
RESERVE STUDY |
0 |
TOTAL ADMINISTRATIVE EXPENSES |
656,408 |
|
|
COMMON ELEMENTS EXPENSE: |
GROUND MAINTENANCE CONTRACT |
95,000 |
EQUIPMENT/TRUCK MAINTENANCE |
8,200 |
LAKE MAINTENANCE CONTRACT |
4,000 |
TREE REMOVAL |
55,000 |
COMMON GROUND CARE |
10,000 |
SNOW REMOVAL |
10,000 |
TOT LOT MAINTENANCE |
5,000 |
STREET LIGHT MAINTENANCE |
40,000 |
OPERATING RESERVES |
10,000 |
TOTAL COMMON ELEMENTS EXPENSE |
237,200 |
|
|
POOL EXPENSES: |
POOL CONTRACT |
75,000 |
SWIM TEAM |
4,000 |
POOL FURNITURE |
4,000 |
POOL MAINTENANCE |
35,000 |
POOL SUPPLIES |
5,000 |
POOL WATER |
5,000 |
TOTAL CONTRACTED SERVICES |
128,000 |
|
|
RESERVES: |
TOTAL RESERVES |
392,065 |
|
TOTAL EXPENSES |
1,413,673 |
|
SURPLUS/(DEFICIT) FUNDS |
0 |