2023 BUDGET INCOME ASSESSMENTS - ANNUAL 76,447 POOL MEMBERSHIP FEES 17,000 PRIOR YEAR SURPLUS CARRYOVER TOTAL INCOME 93,447 EXPENSES GROUNDS MAINTENANCE GENERAL MAINTENANCE 8,805 CONTRACTED LAWN SERVICE 16,500 ADDITIONAL LANDSCAPE TREE TRIM & REMOVAL SIGN MAINTENANCE FENCE REPAIR 65,000 REPAIR/MAINTENANCE-GENERAL BACKFLOW CERTIFICATION 130 SUBTOTAL 90,435 POOL/CLUBHOUSE EXPENSE CONTRACTED POOL SERVICE 14,000 POOL PERMIT 250 POOL EQUIPMENT REPAIR LOCK & KEYS 862 REC AREA REPAIRS/MAINTENANCE 5,000 POOL TELEPHONE 1,200 POOL MANAGER STIPEND 600 SUBTOTAL 21,912 UTILITIES ELECTRIC 8,000 WATER/SEWER 850 TRASH REMOVAL 300 9,150 ADMINISTRATIVE MANAGEMENT FEE 11,970 POSTAGE 1,600 POST OFFICE BOX RENTAL 250 COPIES/PRINTING/SUPPLIES 5,500 CPA SERVICES 400 LEGAL EXPENSE 2,500 LEGAL EXPENSE - COLLECTIONS 3,000 INSURANCE 10,130 TAXES - ASSOCIATION PROPERTY 600 LOAN FEES SOCIAL COMMITTEE 1,000 SUBTOTAL 36,950 TOTAL EXPENSES 158,447 THESE 6 EXPENSE CATEGORIES MAKE UP 65% OF BUDGET (W/O POOL OR CAPITAL EXPENDITURE) CASH ON HAND AT END OF NOVEMBER: $82,276Irongate HOA HOA Annual Dues increasing from $154 to $163 ( 5.8% increase )Fence money will come from the cash we have in the bank. Other than the fence, this budget is balanced .
1•MGT FEE $11,970 •INSURANCE $10,130 2•LANDSCAPING CONTRACT $16,500 •GENERAL MAINT. -$8,805 3•ELECTRICITY/WATER $8,850 •POSTAGE/COPIES $ 7,100