| ACCOUNT |
2010 Approved |
Avg per unit per month |
|
|
||
| INCOME | ||
| Assoc Dues |
$501,660 |
$45.00 |
|
Late Charges |
$2,300 |
$0.21 |
|
Interest |
$30,000 |
$2.69 |
| Other |
$1,000 |
$0.09 |
| TOTAL INCOME |
$53,960 |
$47.99 |
|
, |
|
|
|
EXPENSES |
|
|
|
Wages/Salaries |
$144,000 |
$12.92 |
| Payroll Taxes | $14,000 |
$1.26 |
| Workman's Comp | $23,475 |
$2.11 |
| Admin Supplies | $3,000 |
$0.27 |
| Admin Services | $400 |
$0.04 |
| Gas | $3,000 |
$0.27 |
| Collection | $100 |
$0.01 |
| Advert/Newsletter | $6,340 |
$0.57 |
| Office Rent | $9,545 |
$0.86 |
| Security Patrol | $16,000 |
$1.44 |
| Lighting Maintenance |
$12,000 |
$1.08 |
| Equipment Maintenance |
$4,000 |
$0.36 |
| Trail Maintenance (All trail related except lighting.) |
$2,500 |
$0.22 |
| Drainage Maintenance (Thawing and swale repair) |
$28,000 |
$2.51 |
| Mailbox Maintenance |
$1,700 |
$0.15 |
| Landscape Maintenance |
$5,200 |
$0.47 |
| Road Maintenance (Sweeping, Patching, Sealing) |
$35,000 |
$3.14 |
| Snow Plowing (Plowing/Sanding) |
$80,000 |
$7.18 |
| Miscellaneous |
$1,500 |
$0.13 |
| Bad Debt Expense |
$500 |
$0.04 |
| Sign Maintenance |
$2,000 |
$0.18 |
|
General Operations Total |
$392,260 |
$35.19 |
|
|
|
|
|
Telephone/Internet |
$2,500 |
$0.22 |
|
Electricity |
$40.650 |
$3.65 |
|
Utilities Total |
$43,150 |
$3.87 |
|
|
|
|
|
Management Fees (PMSI) |
$14,500 |
$1.30 |
|
Insurance |
$17,500 |
$1.57 |
|
Consulting |
$1,000 |
$0.09 |
|
Donations & Dues |
$1,400 |
$0.13 |
|
Legal |
$2,500 |
$0.22 |
|
Audit / Tax Prep |
$1,550 |
$0.14 |
|
Income & Other Taxes |
$8,000 |
$0.72 |
|
Fees/Ins/Taxes Total |
$46,450 |
$4.17 |
|
|
|
|
|
TOTAL EXPENSES |
$481,860 |
$43.22 |
|
|
|
|
|
NET EARNINGS |
$53,100 |
$4.76 |
| EXPENDITURES FROM RESERVES |
$134,564 |
$12.07 |
| INCREASE IN RESERVE ACCOUNTS |
-$81,464 |
-$7.31 |
| OTHER EXPENDITURES (Equipment Purchases) |
$0.00 |
$0.00 |