SUGARLAND RUN HOMEOWNERS ASSOCIATION
2016 BUDGET

REVENUE
RESIDENTIAL ASSESSMENTS1,499,920
LEGAL FEE REIMBURSEMENT40,000
LEGAL TURNOVER FEES2,500
CLUBHOUSE RENTAL5,000
SECURITY DEPOSIT (CLUBHOUSE RENTAL)0
POOL RENTAL (SNOWBIRDS)3,400
POOL PASS REPLACEMENT550
POOL GUEST PASSES500
NEWSLETTER ADVERTISEMENTS4,000
INTEREST – OPERATIONS0
INTEREST – RESERVES600
RETURN CHECK FEES800
VENDING INCOME200
MISCELLANEOUS INCOME600
TOTAL REVENUE1,558,070
GENERAL/ADMINISTRATIVE
EXPENSES
BOARD FUND2,200
OFFICE SUPPLIES6,000
COMPUTER & SUPPORT5,000
TELEPHONE8,500
WEBSITE0
POSTAGE25,000
EQUIPMENT PURCHASES & LEASES9,000
MANAGEMENT FEES339,170
ACCOUNTING/AUDIT SERVICES6,200
LEGAL SERVICES – GENERAL12,000
LEGAL SERVICES – ARC10,000
LEGAL SERVICES – COLLECTIONS85,000
TAXES & LICENSES2,000
INSURANCE30,000
BOD MINUTES3,750
BANK CHARGES0
BAD DEBTS15,000
RESERVE STUDY0
VENDING EXPENSES200
TOTAL ADMINISTRATIVE EXPENSES559,020
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT95,000
EQUIPMENT/TRUCK MAINTENANCE4,000
LAKE MAINTENANCE CONTRACT4,500
TREE REMOVAL40,000
COMMON GROUND CARE24,500
SNOW REMOVAL20,000
TOT LOT MAINTENANCE6,000
STREET LIGHT MAINTENANCE40,000
OPERATING RESERVES20,000
TOTAL COMMON ELEMENTS EXPENSE254,000
POOL EXPENSES
POOL CONTRACT76,140
SWIM TEAM4,000
POOL FURNITURE4,000
POOL MAINTENANCE30,000
POOL SUPPLIES6,000
POOL WATER7,000
TOTAL CONTRACTED SERVICES127,140
RESERVES
TOTAL RESERVES452,910
TOTAL EXPENSES1,558,070
SURPLUS/(DEFICIT) FUNDS0