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2002 Operating Budget
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2002 Operating Budget
Income 2000 2001 2002
Association fee
$109,587.08
$100,977.33
$107,244.00
Late charges
$1,609.00
$637.00
Fines
$155.00
Assesment
$45,508.00
$41,761.00
$43,344.00
Transfer of Records
$54.00
$155.00
Parking lot $15,000 to $36,000
Maint pass thru
$446.55
$35.00
Concrete Repairs $43,660
Interest
$12.00
$89.12
Other Income
$265.58
Laundry
$2,910.67
$2,518.92
$2,600.00
Transfer from reserve
$14,719.16
Total Income
$174,846.46
$146,593.95
$109,844.00
Expenses 2000 2001 2002
Carpet Expense
$374.95
$500.00
Contract labor
$100.00
$500.00
Electrical
$3,453.77
$551.12
$1,500.00
General material
$3,689.33
$415.60
$1,500.00
Plumbing
$829.20
$4,785.13
$5,000.00
Pool
$1,214.94
$3,826.69
$5,000.00
Roof
$363.30
$1,500.00
Misc
$1,936.31
$2,500.00
Pass through
$135.00
$644.78
$750.00
Gas
$537.09
$848.71
$1,200.00
Pest control
$2,520.00
$1,482.00
$2,800.00
Termite bond
$400.00
$500.00
Waste
$5,317.76
$3,567.72
$3,900.00
Assoc. meetings
$10.00
$1,000.00
Bank charges
$83.00
$150.00
Copy expense
$226.00
$165.06
$350.00
Postage
$257.52
$102.22
$250.00
Accounting
$1,200.00
$1,275.00
$1,900.00
Legal
-$939.00
$986.70
$1,500.00
Income tax
$120.00
$421.00
$500.00
Privilege tax
$247.00
$200.00
$200.00
Painting
$13,657.00
$920.00
$3,500.00
Electricity
$4,070.39
$4,521.70
$5,500.00
Paint reserve
$6,288.00
$6,288.00
$6,288.00
Monthly reserve
$6,288.00
$6,288.00
$6,288.00
General Repairs
$37,765.06
$8,765.75
$10,000.00
Management
$11,088.00
$11,088.00
$11,088.00
Insurance
$10,800.00
$11,865.07
$15,000.00
Grounds
$21,634.08
$21,245.16
$23,500.00
Water
$22,168.06
$26,304.51
$31,716.00
subtotal Expenses $153,060.20 $119,332.48 $145,880.00
Capital Expenses 2000 2001 2002
Repairs
$27,903.75
Paint
$17,190.00
Total Expenses
$153,060.20
$164,426.23
$145,880.00
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