2021 Budget

Budget
REVENUE $74.71
RESIDENTIAL ASSESSMENTS 1,736,514 $37.34
LEGAL FEE REIMBURSEMENT 10,000
LEGAL TURNOVER FEES 0
CLUBHOUSE RENTAL 0
SECURITY DEPOSIT (CLUBHOUSE RENTAL) 0
POOL PASS REPLACEMENT 0
POOL GUEST PASSES 0
INTEREST – OPERATIONS 0
INTEREST – RESERVES 500
RETURN CHECK FEES 700
VENDING INCOME 0
MISCELLANEOUS INCOME 0
TOTAL REVENUE 1,747,714
GENERAL/ADMINISTRATIVE EXPENSES
RESIDENT SURVEY 0
BOARD FUND 500
OFFICE SUPPLIES 7,000
COMPUTER & SUPPORT 4,500
TELEPHONE 13,000
WEBSITE 2,000
ARC REPAIRS 10,000
POSTAGE 30,000
EQUIPMENT PURCHASES & LEASES 15,000
MANAGEMENT FEES 374,471
ACCOUNTING/AUDIT SERVICES 7,000
LEGAL SERVICES – GENERAL 20,000
LEGAL SERVICES – ARC 5,000
LEGAL SERVICES – COLLECTIONS 50,000
TAXES & LICENSES 1,000
INSURANCE 35,000
BOD MINUTES 4,000
BAD DEBTS 10,000
RESERVE STUDY 0
VENDING EXPENSES 0
TOTAL ADMINISTRATIVE EXPENSES 588,471
COMMON ELEMENTS EXPENSE
GROUND MAINTENANCE CONTRACT 92,000
EQUIPMENT/TRUCK MAINTENANCE 2,500
LAKE MAINTENANCE CONTRACT 10,000
TREE REMOVAL 100,000
COMMON GROUND CARE 5,000
SNOW REMOVAL 20,000
TOT LOT MAINTENANCE 20,000
STREET LIGHT MAINTENANCE 30,000
OPERATING RESERVES 40,000
TOTAL COMMON ELEMENTS EXPENSE 319,500
COMMUNITY CENTER & PROGRAM EXPENSE
NEWSLETTER 20,000
CUSTODIAL SUPPLIES & SERVICE 15,000
COMMUNITY PROGRAMS (CAC) 7,500
UNEXPECTED EXPENSE 10,000
UTILITES 75,000
GENERAL REPAIRS 23,000
SECURITY 7,000
PEST CONTROL 2,000
TOTAL COMMUNITY CENTER & PROGRAM EXPENSE 159,500
POOL EXPENSES
POOL MANAGEMENT 120,000
SWIM TEAM 0
POOL FURNITURE 4,000
POOL MAINTENANCE 35,000
POOL SUPPLIES 5,000
POOL WATER 4,000
TOTAL CONTRACTED SERVICES 168,000
RESERVES
TOTAL RESERVES 512,243
TOTAL EXPENSES 1,747,714
SURPLUS/(DEFICIT) FUNDS 0