SUGARLAND RUN HOMEOWNERS ASSOCIATION
2014 BUDGET

REVENUE:
RESIDENTIAL ASSESSMENTS1,360,673
LEGAL FEE REIMBURSEMENT40,000
LEGAL TURNOVER FEES3,000
RESALE CERTIFICATES0
CLUBHOUSE RENTAL2,000
POOL RENTAL (SNOWBIRDS)2,900
POOL GUEST PASSES800
NEWSLETTER ADVERTISEMENTS3,000
INTEREST – OPERATIONS0
INTEREST – RESERVES800
VENDING INCOME0
MISCELLANEOUS INCOME500
TOTAL REVENUE1,413,673
GENERAL/ADMINISTRATIVE EXPENSES:
BOARD FUND500
COMMUNITY PROGRAMS – CAC5,000
UNEXPECTED EXPENSES/ COMM. EVENTS10,000
OFFICE SUPPLIES5,000
COMPUTER & SUPPORT8,000
TELEPHONE8,000
UTILITIES55,000
PEST CONTROL2,000
GENERAL REPAIRS15,000
CUSTODIAL SUPPLIES/SERVICES12,000
NEWSLETTER35,000
POSTAGE17,000
EQUIPMENT PURCHASES & LEASES9,000
MANAGEMENT FEES333,483
ACCOUNTING/AUDIT SERVICES6,200
LEGAL SERVICES – GENERAL10,000
LEGAL SERVICES – ARC0
LEGAL SERVICES – COLLECTIONS80,000
TAXES & LICENSES2,000
INSURANCE26,000
BOD MINUTES2,000
BANK CHARGES225
BAD DEBTS15,000
VENDING EXPENSES0
RESERVE STUDY0
TOTAL ADMINISTRATIVE EXPENSES656,408
COMMON ELEMENTS EXPENSE:
GROUND MAINTENANCE CONTRACT95,000
EQUIPMENT/TRUCK MAINTENANCE8,200
LAKE MAINTENANCE CONTRACT4,000
TREE REMOVAL55,000
COMMON GROUND CARE10,000
SNOW REMOVAL10,000
TOT LOT MAINTENANCE5,000
STREET LIGHT MAINTENANCE40,000
OPERATING RESERVES10,000
TOTAL COMMON ELEMENTS EXPENSE237,200
POOL EXPENSES:
POOL CONTRACT75,000
SWIM TEAM4,000
POOL FURNITURE4,000
POOL MAINTENANCE35,000
POOL SUPPLIES5,000
POOL WATER5,000
TOTAL CONTRACTED SERVICES128,000
RESERVES:
TOTAL RESERVES392,065
TOTAL EXPENSES1,413,673
SURPLUS/(DEFICIT) FUNDS0