INCOME:	2011 BUDGET	2011 PROJECTED RESULTS	2012 BUDGET
Assessments	8,193,246	8,193,660	8,265,052
Interest	35,500	30,800	32,000
Late Fees	38,400	37,576	38,160
Document and Other fees	19,680	48,262	43,464
Real Estate Income
Total income	8,286,826	8,310,298	8,378,676
Reserve Funding	(825,267)	(901,518)	(956,246)
Interest on Reserve Funds	(35,500)	(30,800)	(32,000)
Net operating receipts	7,426,059	7,377,980	7,390,430
DISBURSEMENTS:
Electricity	247,970	247,404	251,205
Gas	495,008	407,132	425,103
Water	429,937	387,994	405,238
Cable Television	508,500	509,548	525,792
Landscape costs	3,130,492	3,128,212	3,153,861
Pest Control	69,739	69,427	71,349
Pools and Spas	288,594	281,828	289,548
Common Area & Lake Maintenance	614,481	606,556	665,133
Trash Removal	114,702	104,701	111,034
Insurance	769,349	749,510	744,165
General,Legal & Administrative costs	878,093	809,415	824,255
Total disbursements	7,546,865	7,301,727	7,466,683
Excess income(expense)	(120,806)	76,253	(76,253)
Estimated prior year end balance	120,806		76,253
Estimated year end balance	0	76,253	0

 

 

 

Residential Association 2012 Annual Budget