2023 Budget

PARK RIVER OAK ESTATES HOA Budget of Income and Expenses for 2023

	Per Unit	Per Month	Per Year	Percent
	2023	2023	2023
Income
82 Units @ $275.00 per month	275.05	22,554.17	270,650.00	99.84%
Late Fees	0.34	27.5	330	0.12%
Clubhouse Rentals	0.1	8.33	100	0.04%
Total Income	275.5	22,590.00	271,080.00	100.00%
Operating Expenses
Tax Prep/Review/Reserve Study	2.6	208.33	2,500.00	0.92%
Permits, etc.	1.35	108.33	1,300.00	0.48%
Pest Control	3.7	295.83	3,550.00	1.31%
Legal	15.63	1,250.00	15,000.00	5.53%
Accountant	5	400	4,800.00	1.77%
Office Supplies	0.42	33.33	400	0.15%
Postage & Copy fees	0.34	27.08	325	0.12%
Security	38.75	3,100.00	37,200.00	13.72%
Telephone-HOA line	1.73	138.33	1,660.00	0.61%
Telephone-Gate	0.81	65	780	0.29%
Telephone-Clubhouse internet	1.51	120.83	1,450.00	0.53%
Electric-SMUD	5.89	470.83	5,650.00	2.08%
Garbage Collection	40.63	3,250.00	39,000.00	14.39%
Gas-PG&E	1.04	83.33	1,000.00	0.37%
Water	11.25	900	10,800.00	3.98%
Website	0.52	41.67	500	0.18%
Maintenance Expenses
Gate	4.79	383.33	4,600.00	1.70%
Janitorial-clubhouse	1.04	83.33	1,000.00	0.37%
Landscape-contract	35	2,800.00	33,600.00	12.39%
Landscape-extra	4.17	333.33	4,000.00	1.48%
Landscape-irrigation	1.56	125	1,500.00	0.55%
Trees-trimming	0.83	66.67	800	0.30%
Property Taxes	0.05	4.17	50	0.02%
Sewer cleanings	2.71	216.67	2,600.00	0.96%
Electrical	2.08	166.67	2,000.00	0.74%
Roofs, plumbing, sidewalks	13.02	1,041.67	12,500.00	4.61%
Cleaning gutters, downspouts	12.5	1,000.00	12,000.00	4.43%
Pool & spa-contract	6.19	495	5,940.00	2.19%
Pool Repairs	1.04	83.33	1,000.00	0.37%
Insurance-Hazard	25	2,000.00	24,000.00	8.85%
Operating Total	241.15	19,292.08	231,505.00	85.40%
Long Term Reserves	Per Unit	Per Month	Per Year	Percent
Reserve contribution	41.22	3,297.92	39,575.00	14.60%
Total Expenses	282.38	22,590.00	271,080.00	100.00%