| ACCOUNT |
2011 Approved |
Avg per unit per month |
|
|
||
| INCOME | ||
| Assoc Dues |
$501,660 |
$45.00 |
|
Late Charges |
$2,500 |
$0.22 |
|
Interest |
$21,916 |
$1.97 |
| Other |
$200 |
$0.02 |
| TOTAL INCOME |
$526,276 |
$47.21 |
|
, |
|
|
|
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 | $6,400 |
$0.57 |
| Office Rent | $9,720 |
$0.87 |
| Security Patrol | $16,000 |
$1.44 |
| Lighting Maintenance |
$9,000 |
$1.81 |
| Equipment Maintenance |
$5,000 |
$0.45 |
| Trail Maintenance (All trail related except lighting.) |
$2,500 |
$0.22 |
| Drainage Maintenance (Thawing and swale repair) |
$18,000 |
$1.61 |
| Mailbox Maintenance |
$1,500 |
$0.13 |
| Landscape Maintenance |
$5,200 |
$0.47 |
| Road Maintenance (Sweeping, Patching, Sealing) |
$35,000 |
$3.14 |
| Snow Plowing (Plowing/Sanding) |
$84,570 |
$7.59 |
| Miscellaneous |
$1,000 |
$0.09 |
| Bad Debt Expense |
$1,500 |
$0.13 |
| Sign Maintenance |
$1,700 |
$0.15 |
|
General Operations Total |
$385,065 |
$34.39 |
|
|
|
|
|
Telephone/Internet |
$2,500 |
$0.22 |
|
Electricity |
$35,000 |
$3.14 |
|
Utilities Total |
$37,500 |
$3.36 |
|
|
|
|
|
Management Fees (PMSI) |
$14,500 |
$1.30 |
|
Insurance |
$15,000 |
$1.35 |
|
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 |
$6,575 |
$0.59 |
|
Fees/Ins/Taxes Total |
$42,525 |
$3.81 |
|
|
|
|
|
TOTAL EXPENSES |
$465,090 |
$41.72 |
|
|
|
|
|
NET EARNINGS |
$61,186 |
$5.49 |
| EXPENDITURES FROM RESERVES |
|
|
| INCREASE IN RESERVE ACCOUNTS |
Pending LRPC Data |
|
| OTHER EXPENDITURES (Equipment Purchases) |
$2,400 |
$0.22 |