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Year to |
Year to date
as of January 15th 2009 |
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Steve Robinson, Treasurer |
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| HBEHOA 2009 Income And Expenses |
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| Year To Date |
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| 2009 Starting
Balance (2008 Carryover) $17,749.25 |
$17,749.25
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Total Dues Paying Lots |
147 |
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| Receipts to Date |
$13,400.00 |
Lots Paid to Date |
67 |
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| Expenses to Date |
$3,931.40 |
Currently Unpaid Lots |
80 |
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| Ending Balance |
$27,217.85 |
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46% |
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| HBEHOA INCOME |
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2009 Budget |
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Budgeted |
Received |
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Income |
To Date |
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| Home Owner Dues |
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$29,400 |
$13,400 |
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| Other Income |
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$0 |
$0 |
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| Total Income |
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$29,400 |
$13,400 |
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Total |
Total |
% |
Projected |
Projected |
Propjected |
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From Dues |
From |
Budgeted |
Expense |
Of
Budget |
End of |
Carry |
$2,009 |
| Budgeted
Accounts |
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Assessments |
Reserves |
Expenditures |
To Date |
Expended |
Year |
Over |
Budget |
| a. Operating
Expense Account |
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| Bathroom Cleaning |
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$700 |
$0 |
$700 |
$60 |
9% |
$675 |
$25 |
$700 |
| Beach Pathway Maintenance |
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$300 |
$0 |
$300 |
$0 |
0% |
$0 |
$300 |
$300 |
| Board of Director Expenses |
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$2,000 |
$0 |
$2,000 |
$0 |
0% |
$1,000 |
$1,000 |
$2,000 |
| Bookkeeping |
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$200 |
$0 |
$200 |
$0 |
0% |
$200 |
$0 |
$200 |
| Common Grounds Maintenance $ Materials |
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$4,600 |
$0 |
$4,600 |
$530 |
12% |
$4,300 |
$300 |
$4,600 |
| Electricity |
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$2,500 |
$0 |
$2,500 |
$200 |
8% |
$2,200 |
$300 |
$2,500 |
| Insurance |
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$2,100 |
$0 |
$2,100 |
$0 |
0% |
$1,781 |
$800 |
$2,100 |
| Legal Expenses |
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$2,000 |
$0 |
$2,000 |
$0 |
0% |
$1,200 |
$800 |
$2,000 |
| Misc Expenses |
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$250 |
$0 |
$250 |
$0 |
0% |
$0 |
$250 |
$250 |
| Pool Maintenance & Supplies |
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$6,400 |
$0 |
$6,400 |
$860 |
13% |
$6,100 |
$300 |
$6,400 |
| Retention Pond Maintenance |
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$500 |
$0 |
$500 |
$0 |
0% |
$385 |
$115 |
$500 |
| Social Committee Expenses |
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$300 |
$0 |
$300 |
$0 |
0% |
$75 |
$225 |
$300 |
| State & County Tax & Fees |
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$100 |
$0 |
$100 |
$0 |
0% |
$62 |
$38 |
$100 |
| Water |
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$1,200 |
$0 |
$1,200 |
$153 |
13% |
$1,050 |
$150 |
$1,200 |
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| **Operating Expense Account
Sub-total |
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$23,150 |
$0 |
$23,150 |
$1,803 |
8% |
$19,028 |
$4,603 |
$23,150 |
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| b. Reserve For Deferred Maintenance
Account |
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$5,650 |
$4,850 |
$10,000 |
$2,129 |
21% |
$0 |
$10,000 |
$10,500 |
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Pool Deck Repair |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Walk-over repair |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Drainage Pond Maintenance |
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$4,150 |
$4,850 |
$9,000 |
$2,129 |
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$0 |
$9,000 |
$9,000 |
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Pool area bathroom maintenance |
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$250 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$250 |
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Lawn sprinkler maintenance |
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$250 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$250 |
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Pool Fence maintenance |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
| Legal Expense (C&Rs/By-Laws, Association Support) |
$1,000 |
$0 |
$1,000 |
$0 |
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$0 |
$1,000 |
$1,000 |
| c. Reserve for Replacement Account |
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$0 |
$0 |
$0 |
$0 |
0% |
$0 |
$0 |
$8,500 |
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Pool Deck Replacement |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Pool Pump equipment replacement |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Pool Marcie replacement |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Beach Walk-over replacement |
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$0 |
$8,500 |
$0 |
$0 |
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$0 |
$0 |
$8,500 |
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Pool Fence Replacement |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Lawn sprinkler system |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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Association Office Equipment |
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$0 |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
| d. Betterment Account |
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$0 |
$0 |
$2,000 |
$0 |
0% |
$0 |
$2,000 |
$0 |
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Landscape & enhancements |
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$0 |
$0 |
$2,000 |
$0 |
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$0 |
0 |
$0 |
|
Member Approved Enhancement Plan |
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$0 |
$0 |
$0 |
$0 |
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$0 |
0 |
$0 |
| Association approved future year
construction plan |
$0 |
$0 |
$0 |
$0 |
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$0 |
0 |
$0 |
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| **Reserve Account Sub-total |
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$5,650 |
$4,850 |
$12,000 |
$2,129 |
18% |
$0 |
$12,000 |
$19,000 |
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| ***Total
Budget/ Expended |
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$28,800 |
$4,850 |
$35,150 |
$3,931.40 |
11% |
$19,028.00 |
$16,122 |
$42,150 |
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UNDER |
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BUDGET |
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Reserve Account Balances |
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Carry Over |
Budgeted |
Total |
Budgeted |
Expended |
Reserves |
*Planned |
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2007 |
In 2008 |
Reserve |
Out 2008 |
IN 08 |
Remaining |
Carry Over |
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| a. Reserve For Deferred Maintenance
Account |
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$4,000 |
$3,500 |
$7,500 |
$3,500 |
$2,129 |
5,371 |
$4,000 |
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| b. Reserved for Replacement Account |
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$4,230 |
$1,450 |
$5,680 |
$0 |
$0 |
5,680 |
$5,680 |
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| c.
Betterment Account |
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$0 |
$2,000 |
$2,000 |
$2,000 |
$0 |
2,000 |
$0 |
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Total Reserve Carryovers |
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$8,230 |
$6,950 |
$15,180 |
$5,500 |
$2,129 |
13,051 |
$9,680 |
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***Estimated total available for
Reserve Accounts |
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$25,802 |
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| NOTES |
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($200 Dues) |
28800 |
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| 1 |
67 lots currently paid; 80 lots
unpaid (1 under foreclosure). |
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Total Income |
$54,602 |
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(Lot # 71, 114, & 184 currently
delinquent) This current? |
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Reserves |
$12,452 |
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| 2 |
Current Checking account balance |
$27,217.85 |
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| 3 |
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| 4 |
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| 5 |
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