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The Springs HOA 2004 Budget & 2003 Actual
Expenses |
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2003 BUDGET |
2003 ACTUAL |
2004 BUDGET |
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Income |
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Membership Dues |
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Homeowners Yearly Dues |
133,250.00 |
136,120.77 |
143,000.00 |
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Transfer Fees |
6,000.00 |
8,400.00 |
4,000.00 |
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Interest |
1,200.00 |
1,734.08 |
1,900.00 |
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Fees |
|
968.61 |
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Total Income |
140,450.00 |
147,223.46 |
148,900.00 |
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Expenses |
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Legal |
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1,000.00 |
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Grounds Maintenance |
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Landscaping |
24,000.00 |
19,812.61 |
30,000.00 |
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Weed Control |
20,000.00 |
18,899.82 |
19,000.00 |
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Street Sweeping |
4,200.00 |
2,100.00 |
2,400.00 |
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Supplies |
500.00 |
526.81 |
2,000.00 |
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Equipment & Maintenance |
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Landscape |
300.00 |
1,055.79 |
1,500.00 |
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Office |
100.00 |
108.04 |
300.00 |
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Building Maintenance |
350.00 |
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350.00 |
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Street Repair |
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5,000.00 |
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Exterior Light Bulbs |
500.00 |
2,164.55 |
500.00 |
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Master Assn Dues |
4,100.00 |
4,000.00 |
4,400.00 |
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Contract Labor |
9,600.00 |
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Office Manager |
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7,391.86 |
8,000.00 |
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Groundskeeper |
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4,000.00 |
15,000.00 |
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Utilities |
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Water |
20,000.00 |
13,878.64 |
17,000.00 |
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Electricity |
17,000.00 |
3,827.76 |
17,000.00 |
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Gate Maintenance |
1,200.00 |
1,000.00 |
1,200.00 |
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Telephone |
1,400.00 |
1,020.38 |
1,400.00 |
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Office Supplies |
1,000.00 |
1,862.16 |
2,000.00 |
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Resale Disclosure Package |
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|
600.00 |
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Directory |
1,200.00 |
114.05 |
1,200.00 |
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Publicity |
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Newsletter |
500.00 |
882.76 |
750.00 |
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WebSite |
150.00 |
249.76 |
350.00 |
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Insurance |
2,500.00 |
2,387.00 |
2,500.00 |
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Taxes |
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County |
1,200.00 |
356.04 |
500.00 |
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Federal |
1,000.00 |
430.00 |
550.00 |
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State |
250.00 |
112.00 |
150.00 |
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Community Events |
200.00 |
58.91 |
500.00 |
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Holiday Decorations |
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500.00 |
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Bank Fees |
150.00 |
114.00 |
150.00 |
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To Reserve Account |
14,045.00 |
60,432.08 |
14,700.00 |
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Total Expenses |
125,445.00 |
146,785.02 |
150,500.00 |
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Income - Expenses |
15,005.00 |
438.44 |
(1,600.00) |
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Capital Expenditures |
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Street Sealing |
15,000.00 |
1,212.00 |
23,500.00 |
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Equipment |
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Common Grounds Improvements |
16,000.00 |
6,109.61 |
12,200.00 |
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Total Capital Expenditures |
31,000.00 |
7,321.61 |
35,700.00 |
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