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HAWKES BLUFF HOMEOWNERS ASSOCIATION |
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FINAL BUDGET APPROVED BY BOARD |
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FOR THE TAX YEAR ENDING 12/31/2011 |
| OVER+(UNDER-) | |||||||||
| BUDGET CATEGORIES | TOTALS | 2010 BUDGET | BUDGET | 2011 BUDGET | |||||
| ADMINISTRATIVE EXPENSES: | |||||||||
| PRINTING/POSTAGE/NEWSLETTER | $2,287.27 | $2,000.00 | $287.27 | $2,300.00 | |||||
| ACCOUNTING | $925.00 | $925.00 | $0.00 | $925.00 | |||||
| LEGAL | $1,136.00 | $2,500.00 | -$1,364.00 | $1,500.00 | |||||
| LEGAL (SUSPENSE) | $2,795.38 | $0.00 | $2,795.38 | $0.00 | |||||
| INSURANCE | $7,925.06 | $8,000.00 | -$74.94 | $8,000.00 | |||||
| TAXES/LICENSES/FEES | $361.25 | $750.00 | -$388.75 | $500.00 | |||||
| SUPPLIES/STORAGE/OTHER | $1,304.22 | $1,600.00 | -$295.78 | $1,600.00 | |||||
| COMMUNICATION (MAILBOX, PHONE, WEB, ETC..) | $863.40 | $1,100.00 | -$236.60 | $1,800.00 | |||||
| --------------------------------------------------------------------------------- | ---------------------- | -------------------------- | ---------------------------- | ---------------------- | |||||
| TOTAL ADMINISTRATIVE EXPENSES | $17,597.58 | $16,875.00 | $722.58 | $16,625.00 | |||||
| OPERATIONS EXPENSES: | |||||||||
| LAWN MAINTENANCE | $42,560.00 | $42,500.00 | $60.00 | $42,500.00 | |||||
| LANDSCAPE MAINTENANCE | $7,852.36 | $6,000.00 | $1,852.36 | $6,000.00 | |||||
| UTILITIES | $3,002.09 | $4,000.00 | -$997.91 | $3,200.00 | |||||
| LANDSCAPE IMPROVEMENTS | $2,500.00 | $2,500.00 | $0.00 | $2,500.00 | |||||
| CAPITAL IMPROVEMENTS | $3,500.00 | $3,500.00 | $0.00 | $1,500.00 | |||||
| REPAIRS/MAINTENANCE | $2,219.73 | $1,500.00 | $719.73 | $3,000.00 | |||||
| COMMUNITY ACTIVITIES | $2,479.96 | $2,200.00 | $279.96 | $3,500.00 | |||||
| SECURITY | $6,991.20 | $7,000.00 | -$8.80 | $7,000.00 | |||||
| LIGHTING MAINTENANCE | $4,364.00 | $3,000.00 | $1,364.00 | $4,500.00 | |||||
| MANAGEMENT COMPANY | $15,600.00 | $15,600.00 | $0.00 | $15,600.00 | |||||
| ------------------------------------------------------ | ---------------------- | -------------------------- | ---------------------------- | ---------------------- | |||||
| TOTAL REGULAR OPERATIONS EXPENSE | $91,069.34 | $87,800.00 | $3,269.34 | $89,300.00 | |||||
| TOTAL OPERATIONS EXPENSE | $108,666.92 | $104,675.00 | $3,991.92 | $105,925.00 | |||||
| ---------------------- | -------------------------- | ---------------------------- | ---------------------- | ||||||
| RESERVE EXPENSES: | |||||||||
| DISASTER (HURRICANES/TORNANDOS/LIGHTNING) | $0.00 | $1,500.00 | -$1,500.00 | $500.00 | |||||
| FENCE | $0.00 | $1,500.00 | -$1,500.00 | $500.00 | |||||
| WALLS | $0.00 | $1,500.00 | -$1,500.00 | $1,500.00 | |||||
| PUMP | $0.00 | $1,000.00 | -$1,000.00 | $500.00 | |||||
| ------------------------------------------------------ | ---------------------- | -------------------------- | ---------------------------- | ---------------------- | TOTAL BUDGET | $108,925.00 | |||
| TOTAL RESERVE EXPENSES | $0.00 | $5,500.00 | -$5,500.00 | $3,000.00 | LESS SURPLUS | $0.00 | |||
| LESS INCOME | $2,000.00 | ||||||||
| ------------------------------------------------------ | ---------------------- | -------------------------- | ---------------------------- | ---------------------- | # OF HOMES | 395 | |||
| TOTAL EXPENSES (ADMIN+OPRTING+RESERVE) | $108,666.92 | $110,175.00 | -$1,508.08 | $108,925.00 | ______________ | HOA PER HOME | $270.70 | ||
| =========== | ============= | ============== | =========== | ============ | |||||
| ROUNDED | $270.00 | PER HOME | |||||||
| ============ | ================= | ||||||||