2024 Budget

PARK RIVER OAK ESTATES HOA Budget of Income and Expenses for 2024

	Per Unit	Per Month	Per Year	Percent
	2024	2024	2024
Income
81 Units @ $285.00 per month	285	23,085.00	277,020.00	99.94%
Late Fees	0.17	13.33	160	0.06%
Clubhouse Rentals	0	0	0	0.00%
Total Income	285.17	23,098.33	277,180.00	100.00%
Operating Expenses
Tax Prep/Review/Reserve Study	2.6	208.33	2,500.00	0.90%
Permits, etc.	1.35	108.33	1,300.00	0.47%
Pest Control	4.14	330.83	3,970.00	1.43%
Legal	18.75	1,500.00	18,000.00	6.49%
Accountant	5	400	4,800.00	1.73%
Office Supplies	0.42	33.33	400	0.14%
Postage & Copy fees	0.42	33.33	400	0.14%
Security	46.25	3,700.00	44,400.00	16.02%
Telephone-HOA line	1.73	138.33	1,660.00	0.60%
Telephone-Gate	1.46	116.67	1,400.00	0.51%
Telephone-Clubhouse internet	1.51	120.83	1,450.00	0.52%
Electric-SMUD	5.89	470.83	5,650.00	2.04%
Garbage Collection	43.75	3,500.00	42,000.00	15.15%
Gas-PG&E	1.35	108.33	1,300.00	0.47%
Water	12.81	1,025.00	12,300.00	4.44%
Website	0.52	41.67	500	0.18%
Maintenance Expenses
Gate	4.79	383.33	4,600.00	1.66%
Janitorial-clubhouse	1.04	83.33	1,000.00	0.36%
Landscape-contract	35	2,800.00	33,600.00	12.12%
Landscape-extra	4.17	333.33	4,000.00	1.44%
Landscape-irrigation	1.56	125	1,500.00	0.54%
Trees-trimming	1.88	150	1,800.00	0.65%
Property Taxes	0.05	4.17	50	0.02%
Sewer cleanings	2.71	216.67	2,600.00	0.94%
Electrical	2.08	166.67	2,000.00	0.72%
Back-flow units, plumbing, cameras	5.21	416.67	5,000.00	1.80%
Cleaning gutters, downspouts	12.5	1,000.00	12,000.00	4.33%
Pool & spa-contract	6.19	495	5,940.00	2.14%
Pool Repairs	1.04	83.33	1,000.00	0.36%
Insurance-Hazard	26.04	2,083.33	25,000.00	9.02%
Operating Total	252.21	20,176.67	242,120.00	87.35%
Long Term Reserves	Per Unit	Per Month	Per Year	Percent
Reserve contribution	36.52	2,921.67	35,060.00	12.65%
Total Expenses	288.73	23,098.33	277,180.00	100.00%