SUGARLAND RUN HOMEOWNERS ASSOCIATION
2018 BUDGET

REVENUE
RESIDENTIAL ASSESSMENTS1,574,983
LEGAL FEE REIMBURSEMENT30,000
LEGAL TURNOVER FEES3,000
CLUBHOUSE RENTAL8,000
SECURITY DEPOSIT (CLUBHOUSE RENTAL)0
POOL PASS REPLACEMENT1,000
POOL GUEST PASSES500
INTEREST – OPERATIONS0
INTEREST – RESERVES70
RETURN CHECK FEES600
VENDING INCOME0
MISCELLANEOUS INCOME250
TOTAL REVENUE1,618,403
GENERAL/ADMINISTRATIVE EXPENSES
RESIDENT SURVEY1,500
BOARD FUND500
OFFICE SUPPLIES7,000
COMPUTER & SUPPORT3,000
TELEPHONE10,000
WEBSITE1,000
POSTAGE30,000
EQUIPMENT PURCHASES & LEASES14,000
MANAGEMENT FEES352,872
ACCOUNTING/AUDIT SERVICES6,500
LEGAL SERVICES – GENERAL10,000
LEGAL SERVICES – ARC10,000
LEGAL SERVICES – COLLECTIONS100,000
TAXES & LICENSES2,000
INSURANCE33,000
BOD MINUTES3,750
BAD DEBTS10,000
RESERVE STUDY0
VENDING EXPENSES0
TOTAL ADMINISTRATIVE EXPENSES595,122
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT95,000
EQUIPMENT/TRUCK MAINTENANCE2,000
LAKE MAINTENANCE CONTRACT5,000
TREE REMOVAL50,000
COMMON GROUND CARE5,000
SNOW REMOVAL20,000
TOT LOT MAINTENANCE15,000
STREET LIGHT MAINTENANCE35,000
OPERATING RESERVES40,000
TOTAL COMMON ELEMENTS EXPENSE267,000
COMMUNITY CENTER & PROGRAM EXPENSE
NEWSLETTER20,000
CUSTODIAL SUPPLIES & SERVICE15,000
COMMUNITY PROGRAMS (CAC)6,000
UNEXPECTED EXPENSE-EVENTS10,000
UTILITES75,000
GENERAL REPAIRS20,000
SECURITY8,000
PEST CONTROL2,000
TOTAL COMMUNITY CENTER & PROGRAM EXPENSE156,000
POOL EXPENSES
POOL CONTRACT80,385
SWIM TEAM5,000
POOL FURNITURE4,000
POOL MAINTENANCE30,000
POOL SUPPLIES3,000
POOL WATER4,000
TOTAL CONTRACTED SERVICES126,385
RESERVES
TOTAL RESERVES473,896
TOTAL EXPENSES1,618,418
SURPLUS/(DEFICIT) FUNDS0