|
| |
|
DESCRIPTION |
2009 BUDGET |
|
INCOME |
|
|
HOMEOWNERS FEES |
$182,160.00 |
|
HOA DUES |
$7,140.00 |
|
INTEREST REVENUE |
750.00 |
|
NSF & LATE FEES |
800.00 |
|
TOTAL INCOME |
190,850.00 |
|
ADMINISTRATIVE EXPENSES |
|
|
POSTAGE |
600.00 |
|
MANAGEMENT FEE |
19,505.00 |
|
LATE FEE REMITTANCE |
400.00 |
|
LEGAL |
2,000.00 |
|
AUDIT |
2,200.00 |
|
MISC ADMINISTRATIVE EXPENSES |
1,800.00 |
|
BUSINESS MEETINGS |
198.00 |
|
MONTGOMERY COUNTY COMMISSION |
260.00 |
|
TOTAL ADMINISTRATIVE EXPENSES |
26,963.00 |
|
UTILITY EXPENSES |
|
|
ELECTRICITY |
3,700.00 |
|
TOTAL UTILITY EXPENSES |
3,700.00 |
|
OPERATING & MAINT EXPENSES |
|
|
TRASH REMOVAL |
12,500.00 |
|
GROUNDS SUPPLIES |
10,000.00 |
|
LANDSCAPING |
48,000.00 |
|
TREE MAINTENANCE |
7,500.00 |
|
ELECTRICAL REPAIRS |
4,000.00 |
|
REPAIRS CONTRACT |
10,000.00 |
|
SNOW REMOVAL |
12,000.00 |
|
TOTAL OPERATING & MAINT EXP |
104,000.00 |
|
TAXES & INSURANCE |
|
|
FEDERAL & STATE TAXES |
600.00 |
|
PROPERTY & LIABILITY INSURANCE |
1,600.00 |
|
WORKMENS COMPENSATION |
210.00 |
|
TOTAL TAXES & INSURANCE |
2,410.00 |
|
CAPITAL RESERVE PAYMENTS |
50,000.00 |
|
TOTAL EXPENSES |
187,073.00 |
|
PROFIT/(LOSS) |
3,777.00 |
|
