THE TOWNHOMES AT GLENBROOK HOA |
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39 Units Monthly fees will be $210.00 per month
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JANUARY 1, 2008
- DECEMBER 31, 2008 APPROVED BUDGET |
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| ACCT | REVENUE | ANNUAL 2007 | 2008 Monthly | ANNUAL 2008 |
| 4010 | Unit Maintenance Fees | $91,260 | $8,190 | $98,280 |
| 4400 | Interest Income | $1,200 | $100 | $1,200 |
| 4500 | Application Income | $388 | $0 | $0 |
| TOTAL REVENUE | $92,848 | $8,290 | $99,480 | |
| OPERATING EXPENSES | ||||
| 5010 | Bank/Coupon/Admin/Office | $1,800 | $125 | $1,500 |
| 5300 | Insurance | $24,000 | $2,000 | $24,000 |
| 5400 | Lawn Service contract | $13,200 | $1,268 | $15,216 |
| 5600 | License Permits | $96 | $17 | $200 |
| 5800 | Management Fee | $6,000 | $500 | $6,000 |
| 5900 | Professional - Legal | $600 | $168 | $2,016 |
| 5910 | Professional - Tax | $240 | $42 | $504 |
| 5920 | Tax Expense | $72 | $0 | $0 |
| 6100 | Reapir/Maint - Buildings | $4,800 | $600 | $7,200 |
| 6110 | Repair/Maint - Grounds | $2,400 | $400 | $4,800 |
| 6120 | Repair/Maint - Sprinklers | $900 | $150 | $1,800 |
| 6140 | Repair/Maint - Janitorial/Supplies | $3,023 | $210 | $2,520 |
| 6200 | Pool - Maintenance | $4,320 | $350 | $4,200 |
| 6210 | Pool - Supplies/Repairs | $1,800 | $35 | $420 |
| 7000 | Utilities - Electric | $6,000 | $380 | $4,560 |
| 7003 | Utilities - Trash | $12,000 | $1,000 | $12,000 |
| 7004 | Utilities - Water/Sewer | $900 | $30 | $360 |
| 8000 | Operating Contingency | $917 | $212 | $2,548 |
| TOTAL OPERATING EXPENSES | $83,068 | $7,487 | $89,844 | |
| RESERVES | ||||
| 9010 | Reserves Painting | $3,456 | $288 | $3,456 |
| 9020 | Reserves Paving | $1,104 | $92 | $1,104 |
| 9030 | Reserves Roofing | $1,860 | $155 | $1,860 |
| 9040 | Reserves Walls/Fences | $1,800 | $150 | $1,800 |
| 9080 | Reserves Interest | $144 | $0 | $0 |
| 9100 | Reserves Pool | $1,416 | $118 | $1,416 |
| TOTAL RESERVES | $9,780 | $803 | $9,636 | |
| TOTAL EXPENSES | $92,848 | $8,290 | $99,480 | |
| Above Budget shows $15.00 increase due to low Reserve Funds, and or deficit. | ||||