| REVENUE |
|
| RESIDENTIAL ASSESSMENTS |
1,499,920 |
| LEGAL FEE REIMBURSEMENT |
50,000 |
| LEGAL TURNOVER FEES |
3,000 |
| CLUBHOUSE RENTAL |
7,000 |
| SECURITY DEPOSIT (CLUBHOUSE RENTAL) |
0 |
| POOL PASS REPLACEMENT |
1,000 |
| POOL GUEST PASSES |
400 |
| NEWSLETTER ADVERTISEMENTS |
0 |
| INTEREST – OPERATIONS |
0 |
| INTEREST – RESERVES |
40 |
| RETURN CHECK FEES |
600 |
| VENDING INCOME |
100 |
| MISCELLANEOUS INCOME |
500 |
| TOTAL REVENUE |
1,562,560 |
|
|
|
|
| GENERAL/ADMINISTRATIVE EXPENSES |
|
| BOARD FUND |
2,500 |
| OFFICE SUPPLIES |
6,000 |
| COMPUTER & SUPPORT |
4,000 |
| TELEPHONE |
8,500 |
| WEBSITE |
8,000 |
| POSTAGE |
30,000 |
| EQUIPMENT PURCHASES & LEASES |
13,000 |
| MANAGEMENT FEES |
345,953 |
| ACCOUNTING/AUDIT SERVICES |
6,200 |
| LEGAL SERVICES – GENERAL |
10,000 |
| LEGAL SERVICES – ARC |
10,000 |
| LEGAL SERVICES – COLLECTIONS |
90,000 |
| TAXES & LICENSES |
2,000 |
| INSURANCE |
30,000 |
| BOD MINUTES |
3,750 |
| BAD DEBTS |
10,000 |
| RESERVE STUDY |
0 |
| VENDING EXPENSES |
150 |
| TOTAL ADMINISTRATIVE EXPENSES |
580,053 |
|
|
|
|
| COMMON ELEMENTS EXPENSE |
|
| GROUND MAINTENANCE CONTRACT |
95,000 |
| EQUIPMENT/TRUCK MAINTENANCE |
1,500 |
| LAKE MAINTENANCE CONTRACT |
6,000 |
| TREE REMOVAL |
40,000 |
| COMMON GROUND CARE |
20,000 |
| SNOW REMOVAL |
20,000 |
| TOT LOT MAINTENANCE |
5,000 |
| STREET LIGHT MAINTENANCE |
35,000 |
| OPERATING RESERVES |
30,000 |
| TOTAL COMMON ELEMENTS EXPENSE |
252,500 |
|
|
|
|
| COMMUNITY CENTER & PROGRAM EXPENSE |
|
| NEWSLETTER |
25,000 |
| CUSTODIAL SUPPLIES & SERVICE |
12,000 |
| COMMUNITY PROGRAMS (CAC) |
5,000 |
| UNEXPECTED EXPENSE-EVENTS |
10,000 |
| UTILITES |
75,000 |
| GENERAL REPAIRS |
20,000 |
| SECURITY |
12,500 |
| PEST CONTROL |
2,000 |
| TOTAL COMMUNITY CENTER & PROGRAM EXPENSE |
161,500 |
|
|
|
|
| POOL EXPENSES |
|
| POOL CONTRACT |
77665 |
| SWIM TEAM |
5,000 |
| POOL FURNITURE |
4,000 |
| POOL MAINTENANCE |
30,000 |
| POOL SUPPLIES |
5,000 |
| POOL WATER |
5,000 |
| TOTAL CONTRACTED SERVICES |
126,665 |
|
|
|
|
| RESERVES |
|
| TOTAL RESERVES |
441,842 |
|
|
| TOTAL EXPENSES |
1,562,560 |
|
|
| SURPLUS/(DEFICIT) FUNDS |
0 |
