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| BUDGET OF INCOME AND EXPENSES FOR 2008 |
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| |
|
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| |
Per Unit |
Per Month |
Per Year |
Percent |
| |
2008 |
2008 |
2008 |
|
| Income |
|
|
|
|
| 80 Units @ $240.00 per month |
240.00 |
19,200.00 |
230,400.00 |
99.50% |
| Late Fees |
1.04 |
83.33 |
1,000.00 |
0.43% |
| Clubhouse Rentals |
0.16 |
12.50 |
150.00 |
0.06% |
| Total Income |
241.20 |
19,295.83 |
231,550.00 |
100.00% |
| |
|
|
|
|
| Expenses |
|
|
|
|
| |
|
|
|
|
| Operating Expenses |
|
|
|
|
| Tax Prep/Review/Reserve Study |
2.60 |
208.33 |
2,500.00 |
1.08% |
| Legal |
10.00 |
800.00 |
9,600.00 |
4.15% |
| Prop Mngt & Financial |
15.00 |
1,200.00 |
14,400.00 |
6.22% |
| Office Supplies |
1.25 |
100.00 |
1,200.00 |
0.52% |
| Postage & Copy |
2.08 |
166.67 |
2,000.00 |
0.86% |
| Security |
5.21 |
416.67 |
5,000.00 |
2.16% |
| |
|
|
|
|
| Telephone-HOA line |
0.75 |
60.00 |
720.00 |
0.31% |
| Telephone-Gate |
0.31 |
25.00 |
300.00 |
0.13% |
| Electric-SMUD |
7.25 |
580.00 |
6,960.00 |
3.01% |
| Garbage Collection |
13.75 |
1,100.00 |
13,200.00 |
5.70% |
| Gas-PG&E |
2.50 |
200.00 |
2,400.00 |
1.04% |
| Water |
3.75 |
300.00 |
3,600.00 |
1.55% |
| |
|
|
|
|
| Maintenance Expenses |
|
|
|
|
| Gate |
2.29 |
183.33 |
2,200.00 |
0.95% |
| Janitorial-clubhouse |
1.63 |
130.00 |
1,560.00 |
0.67% |
| Landscape-contract |
32.50 |
2,600.00 |
31,200.00 |
13.47% |
| Landscape-extra |
5.21 |
416.67 |
5,000.00 |
2.16% |
| Landscape-sprinkler rprs |
5.21 |
416.67 |
5,000.00 |
2.16% |
| Trees-trimming |
3.13 |
250.00 |
3,000.00 |
1.30% |
| |
|
|
|
|
| Misc. Maintenance |
|
|
|
|
| plumbing |
0.94 |
75.00 |
900.00 |
0.39% |
| Contract maintenance |
1.25 |
100.00 |
1,200.00 |
0.52% |
| Pest Control |
3.13 |
250.00 |
3,000.00 |
1.30% |
| Misc. Repairs |
|
|
|
|
| sewer |
6.25 |
500.00 |
6,000.00 |
2.59% |
| clubhouse roof |
1.56 |
125.00 |
1,500.00 |
0.65% |
| electrical |
3.13 |
250.00 |
3,000.00 |
1.30% |
| clubhouse, gates, streets, etc. |
10.00 |
800.00 |
9,600.00 |
4.15% |
| |
Per Unit |
Per Month |
Per Year |
Percent |
| gutters, downspouts |
8.33 |
666.67 |
8,000.00 |
3.45% |
| Pool & spa-contract |
5.63 |
450.00 |
5,400.00 |
2.33% |
| Pool Repairs |
1.88 |
150.00 |
1,800.00 |
0.78% |
| |
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| Insurance |
|
|
|
|
| Insurance-Hazard |
20.83 |
1,666.67 |
20,000.00 |
8.64% |
| Insurance-Flood |
0.00 |
0.00 |
0.00 |
0.00% |
| |
|
|
|
|
| Other Expenses |
|
|
|
|
| Property, State, and Federal Taxes |
1.00 |
80.00 |
960.00 |
0.41% |
| |
|
|
|
|
| Operating Total |
178.33 |
14,266.67 |
171,200.00 |
73.94% |
| |
|
|
|
|
| Long Term Reserves |
|
|
|
|
| Reserve Deposits |
62.86 |
5,029.17 |
60,350.00 |
26.06% |
| |
|
|
|
|
| Total Expenses |
241.20 |
19,295.83 |
231,550.00 |
100.00% |
| |
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| (Budget-PROE.2008) |
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