| Financial |
| Crown Ridge Homeowners Association |
| 2011 Approved Budget |
| |
|
| Dues Increase to $240./Year |
|
233 x $240 |
| Dues - Association-3110 |
$56,160.00 |
| Fine-3314 |
|
| Late Fee-3410 |
|
| Interest-3431 |
|
| Other Income-3500 |
$100.00 |
| TOTAL INCOME |
$56,260.00 |
|
|
| EXPENSE |
|
| MAINTENANCE EXPENSE |
|
| Common Area Maintence-4110 |
$500.00 |
| Landscaping/Grounds-4160 |
$27,500.00 |
| Improv/Repair Reserve-4166 |
$1,500.00 |
| Compliance Inspections |
$2,400.00 |
| TOTAL MAINTENANCE EXP. |
$31,400.00 |
|
|
| UTILITIES EXPENSE |
|
| Irrigation Water-4215 |
|
| Refuse Collection-4235 |
$500.00 |
| TOTAL UTILITIES EXPENSE |
|
|
|
| OPERATING EXPENSES |
|
| Legal Expense-4305 |
|
| Audit-4310 |
$1,240.00 |
| Bank Charges-4312 |
|
| Meeting Expenses - 4313 |
$300.00 |
| Mgmt / Accounting Fees-4315 |
$15,060.00 |
| Insurance-4325 |
$4,400.00 |
| Website Maintenance-4316 |
$150.00.00 |
| Bad Debt Write Off-4327 |
|
| General Office Supplies-4345 |
$2,500.00 |
| Taxes and Licenses 4330 |
$140.00 |
| TOTAL OPERATING EXPENSE |
$24,290.00 |
|
|
| TOTAL EXPENSE |
$55,690.00 |
| |
|
| NET OPERATING INCOME |
$570.00 |
|
|
|
