SUGARLAND RUN HOMEOWNERS ASSOCIATION
2016 BUDGET

REVENUE
RESIDENTIAL ASSESSMENTS	1,499,920
LEGAL FEE REIMBURSEMENT	40,000
LEGAL TURNOVER FEES	2,500
CLUBHOUSE RENTAL	5,000
SECURITY DEPOSIT (CLUBHOUSE RENTAL)	0
POOL RENTAL (SNOWBIRDS)	3,400
POOL PASS REPLACEMENT	550
POOL GUEST PASSES	500
NEWSLETTER ADVERTISEMENTS	4,000
INTEREST – OPERATIONS	0
INTEREST – RESERVES	600
RETURN CHECK FEES	800
VENDING INCOME	200
MISCELLANEOUS INCOME	600
TOTAL REVENUE	1,558,070
GENERAL/ADMINISTRATIVE EXPENSES
BOARD FUND	2,200
OFFICE SUPPLIES	6,000
COMPUTER & SUPPORT	5,000
TELEPHONE	8,500
WEBSITE	0
POSTAGE	25,000
EQUIPMENT PURCHASES & LEASES	9,000
MANAGEMENT FEES	339,170
ACCOUNTING/AUDIT SERVICES	6,200
LEGAL SERVICES – GENERAL	12,000
LEGAL SERVICES – ARC	10,000
LEGAL SERVICES – COLLECTIONS	85,000
TAXES & LICENSES	2,000
INSURANCE	30,000
BOD MINUTES	3,750
BANK CHARGES	0
BAD DEBTS	15,000
RESERVE STUDY	0
VENDING EXPENSES	200
TOTAL ADMINISTRATIVE EXPENSES	559,020
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT	95,000
EQUIPMENT/TRUCK MAINTENANCE	4,000
LAKE MAINTENANCE CONTRACT	4,500
TREE REMOVAL	40,000
COMMON GROUND CARE	24,500
SNOW REMOVAL	20,000
TOT LOT MAINTENANCE	6,000
STREET LIGHT MAINTENANCE	40,000
OPERATING RESERVES	20,000
TOTAL COMMON ELEMENTS EXPENSE	254,000
POOL EXPENSES
POOL CONTRACT	76,140
SWIM TEAM	4,000
POOL FURNITURE	4,000
POOL MAINTENANCE	30,000
POOL SUPPLIES	6,000
POOL WATER	7,000
TOTAL CONTRACTED SERVICES	127,140
RESERVES
TOTAL RESERVES	452,910
TOTAL EXPENSES	1,558,070
SURPLUS/(DEFICIT) FUNDS	0