INCOME:	2009 BUDGET	2009 PROJECTED RESULTS	2010 BUDGET
Assessments	8,189,196	8,189,664	8,191,489
Interest	100,000	55,500	55,500
Late Fees	34,980	42,680	42,000
Document and Other fees	43,696	44,380	35,700
Real Estate Income			75,000
Exc Rev Over Exp			27,058
Total income	8,367,872	8,332,224	8,424,947
Reserve Funding	(923,259)	(923,259)	(785,958)
Interest on Reserve Funds	(100,000)	(55,500)	(55,500)
Net operating receipts	7,344,613	7,353,465	7,583,489
W Comp Refund
		7,236,533
DISBURSEMENTS:
Electricity	369,238	297,979	274,820
Gas	671,213	420,339	455,288
Water	350,059	340,357	376,131
Cable Television	490,284	481,792	507,996
Landscape costs	3,238,711	3,087,841	3,143,342
Pest Control	64,158	60,228	67,300
Pools and Spas	323,328	299,696	286,610
Common Area & Lake Maintenance	589,207	543,703	603,761
Trash Removal	106,892	94,481	104,605
Insurance	822,958	803,198	803,343
General,Legal & Administrative costs	703,409	896,793	960,293
Total disbursements	7,729,457	7,326,407	7,583,489
Excess income(expense)	(384,844)	27,058	0
Estimated year end balance	398,893
Estimated year end balance	0	27,058	0

 

 

 

Residential Association 2010 Annual Budget