HBEHOA Projected Year End 2006 Expenditure VS. Budget and Approved Year 2007 Budget
	Actual Expenses	Estimate	Budget	Difference		Budget
	as of 10/31/06	2006	2006	2006		2007
Current Income & Expenses
INCOME
Home Owner dues	$25,790	$25,790	$25,550	$240		$25,725
Refund comm. ctr. deposit
Other (check printing refund)	$13	$13
TOTAL INCOME	$25,803	$25,803	$25,550	$253		$25,725
OPERATING EXPENSES
Bathroom Cleaning	$486	$576	$540	$36		$540
Beach Walkover Maintenance	$346	$346	$500	-$154		$500
Board Of Director expenses	$1,093	$1,320	$1,300	$20		$1,300
Bookkeeping	$200	$200	$200	$0		$200
Comm Grounds Maint & Materials	$3,270	$3,790	$4,000	-$210		$4,400
Electricity	$1,507	$1,877	$2,000	-$123		$2,000
Insurance	$1,727	$1,727	$2,200	-$473		$2,000
Legal Expenses	$500	$500	$1,000	-$500		$1,000
Misc Expenses	$20	$20	$250	-$230		$250
Pool & Deck Surface Repairs	$1,116	$1,116	$0	$1,116		$0
Pool Maintenance & Supplies	$4,286	$5,166	$5,200	-$34		$5,200
Retention Pond maintenance	$600	$800	$800	$0		$800
Social Committee Expenses	$369	$500	$600	-$100		$500
State & County Taxes & fees	$261	$261	$2,500	-$2,239		$300
Water	$1,186	$1,402	$1,500	-$98		$1,500
TOTAL EXPENSES	$16,967	$19,601	$22,590	-$2,989		$20,490
Net gain (loss) from operations		$6,202	$2,960	$3,242		$5,235
Reserves
Carry Over from Previous Year		$13,859	$13,859	$0		$18,480
Net gain (loss) from operations		$6,202	$2,960	$3,242		$5,235
Total reserves available		$20,061	$16,819	$3,242		$23,715
RESERVES USED:
Deferred Maintenance	$981	$981	$1,000	-$19		$1,000
Replacement Items:
Pool deck	$0	$0	$0	$0		$0
Pool Fence						$0
Pool Filter						$0
Beach Access Walkover						$0
Betterments		$600	$1,000	-$400		$11,200
Total Reserves Used		$1,581	$2,000	-$419		$12,200
Reserves to carry forward		$18,480	$14,819	$3,661		$11,515
Annual Assessment Per Lot	$175	$175	$175			$175