Prospect Point Homeowners Association Budget
ITEM PHASE
|
PROSPECT POINT |
||||||||
| ITEM |
PHASE F |
PHASE G |
COMMON |
TOTAL |
||||
| 716 | TRASH REMOVAL | $24,140.00 | $5,100.00 | $4,760.00 | $34,000.00 | |||
| 718 | SNOW REMOVAL | $16,000.00 | $16,000.00 | |||||
| 720 | TERMITE/PEST CONTROL | $2,600.00 | $880.00 | $520.00 | $4,000.00 | |||
| 723 | MANAGEMENT FEE | $47,424.00 | $9,516.00 | $56,940.00 | ||||
| 724 | INSURANCE - COMMON AREAS | $8,000.00 | $8,000.00 | |||||
| 726 | POOL CARE / SUPPLIES | $10,500.00 | $10,500.00 | |||||
| 728 | POSTAGE | $1,500.00 | $1,500.00 | |||||
| 730 | AUDIT | $3,900.00 | $3,900.00 | |||||
| 735 | LEGAL | $5,000.00 | $5,000.00 | |||||
| 744 | REPAIR & MAINTENANCE | $39,000.00 | $13,200.00 | $7,800.00 | $60,000.00 | |||
| 745 | LAWN CARE: | |||||||
| 26 CUTS | $78,000.00 | $78,000.00 | $78,000.00 | |||||
| LAWN/TREE FERTILIZER | $21,750.00 | $14,137.50 | $4,785.00 | $2,827.50 | $21,750.00 | |||
| MULCH | $16,000.00 | $10,400.00 | $3,520.00 | $2,080.00 | $16,000.00 | |||
| EDGING 3X'S | $3,500.00 | $2,275.00 | $770.00 | $455.00 | $3,500.00 | |||
| TREE PRUNING | $5,700.00 | $3,705.00 | $1,254.00 | $741.00 | $5,700.00 | |||
| SHRUB TRIMMING 2 X'S | $10,200.00 | $6,630.00 | $2,244.00 | $1,326.00 | $10,200.00 | |||
| MAINTENANCE/LANDSCAPE PERSON | $5,000.00 | $3,250.00 | $1,100.00 | $650.00 | $5,000.00 | |||
| MISC LANDSCAPE/ANNUAL FLOWERS | $1,850.00 | $1,202.50 | $407.00 | $240.50 | $1,850.00 | |||
| $142,000.00 | ||||||||
| 752 | OFFICE EXPENSE | $5,500.00 | $5,500.00 | |||||
| SUPPLIES | $3,000.00 | |||||||
| NEWSLETTER | $1,700.00 | |||||||
| C/H PHONE | $800.00 | |||||||
| 764 | SOCIAL | $1,000.00 | $1,000.00 | |||||
| 765 | ELECTRIC | $16,000.00 | $16,000.00 | |||||
| CLUBHOUSE, SHOP & LIGHTS | ||||||||
| 766 | WATER/ SANITATION | $2,400.00 | $2,400.00 | |||||
| 767 | STORM WATER ASSESSMENT | $14,000.00 | $14,000.00 | |||||
| 780 | FEDERAL INCOME TAX EXPENSE | $500.00 | $500.00 | |||||
| 781 | STATE INCOME TAX EXPENSE | $600.00 | $600.00 | |||||
| 783 | COUNTY TAX EXPENSE | $750.00 | $750.00 | |||||
| 785 | OPERATING CONTINGENCY | $5,000.00 | $5,000.00 | |||||
| TOTAL OPERATING EXPENSE | $154,764.00 | $42,776.00 | $190,050.00 | $387,590.00 | ||||
| RESERVE CONTRIBUTION | $236,061.60 | $87,295.68 | $94,550.52 | $417,907.80 | ||||
| TOTAL | OPERATING + RESERVE | $390,825.60 | $130,071.68 | $284,600.52 | $805,497.80 | |||
| ANNUAL INCOME | $601,920.00 | $168,360.00 | $35,262.32 | $805,542.32 | ||||
| PHASE F | PHASE G | LOFTS | ||||||
| *DOES NOT INCL. CLUBHOUSE & INTEREST INCOME | ||||||||
| **INCOME FROM THE DREES CO. | ||||||||
| PHASE F | $1980.00 PER YEAR PAYABLE AT | $165.00 | ||||||
| PHASE G | $2760.00 PER YEAR PAYABLE AT | $230.00 | ||||||