|
GlennWoods H.O.A., Inc
Budget 2008
|
Description |
| Actual
Spent 2007 |
2007 Budget |
2008
Budget |
| 06310 |
Assessment Income |
50,730.00 |
48,330.00 |
48,300.00 |
| 06311 |
Reimb
Mowing |
50.00 |
.00 |
|
| 06315 |
H.O.
Cleanup /repair |
295.00 |
.00 |
|
| 06340 |
Late Fee
Income |
1,864.00 |
.00 |
|
| 06350 |
Legal Fee
Reimb |
994.00 |
.00 |
|
| 06351 |
Filing
Fees |
1,954.96 |
.00 |
|
| 06380 |
Owner
Admin- Fees |
30.00 |
.00 |
|
| 06430 |
Assmts
Paid in Advance |
(400.00) |
.00 |
|
| 06910 |
Interest
Income |
212.86 |
.00 |
|
|
Subtotal Income |
55,731.71 |
48,300.00 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
2,700.00 |
2,600.00 |
2,800.00 |
| 07160 |
Legal
Fee |
3,852.00 |
5,000.00 |
4,000.00 |
| 07250 |
Bank
Charges |
40.00 |
.00 |
.00 |
| 07260 |
Postage
& Mail |
308.09 |
500.00 |
500.00 |
| 07280 |
Insurance |
1,939.00 |
1,900.00 |
2000.00 |
| 07320 |
Office
Supplies |
952.22 |
1,200.00 |
1,200.00 |
| 07325 |
Website |
167.40 |
167.40 |
167.40 |
| 07400 |
Printing-Repro |
222.35 |
250.00 |
275.00 |
| 07420 |
Property Taxes |
.00 |
4000.00 |
0.00 |
| 07423 |
Business
Entity Rept |
10.00 |
.00 |
10.00 |
| 07430 |
Federal
Income Tax |
220.00 |
150.00 |
250.00 |
| 07431 |
Community Events |
2,816.20 |
250.00 |
2,500.00 |
| 07435 |
Community
Signs |
260.00 |
.00 |
100.00 |
| 07990 |
Bad
Debt Expenses |
7,026.88 |
3000.00 |
3,000.00 |
|
General & Administrative
|
20,514.14 |
19,017.40 |
16,802.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
5,279.22 |
5,700.00 |
5,700.00 |
|
08915 |
Lighting Installation |
2,663.00 |
.00 |
1,000.00 |
|
08935 |
Stormwater Mgmt Fee |
81.00 |
.00 |
122.60 |
|
08990 |
Telephone |
210.32 |
200.00 |
625.00 |
|
Common Utilities |
8,233.54 |
5,900.00 |
7,410.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
4,984.00 |
2,600.00 |
2,800.00 |
|
09010 |
Tree Maintenance |
375.00 |
2,500.00 |
1,000.00 |
|
09021 |
Fence |
.00 |
4,600.00 |
250.00 |
|
Maintenance |
5,359.00 |
9,700.00 |
4,050.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
8,680.00 |
8,800.00 |
8,800.00 |
|
09611 |
Fertilizer |
795.00 |
800.00 |
800.00 |
|
09612 |
Bed Maintenance
|
350.00 |
500.00 |
500.00 |
|
09613 |
Survey |
.00 |
300.00 |
.00 |
|
09614 |
Comm Area Improve |
11,700.51 |
.00 |
4,000.00 |
|
09615 |
Misc Expenses |
558.46 |
200.00 |
500.00 |
|
09616 |
Home Owner Cleanup |
40.00 |
.00 |
200.00 |
|
09700 |
Trash Removal |
500.00 |
.00 |
500.00 |
|
09800 |
Snow Removal |
2,390.00 |
2,500.00 |
2,700.00 |
|
Contract Services |
25,013.97 |
13,100.00 |
17,900.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
2,000.00 |
|
|
|
|
|
|
Total Expenses |
59,120.65 |
47,717.40 |
48,300.00 |
|
Current Year Net Income / Loss |
(3,388.94) |
|
|
|