Income 401 Association Dues Solterra South 2026 Budget 2026 Budget Narrative 134,689 Solterra South Annual Assessment - $440 billed biannually at $220 409 Internet Service Assessment 161,619 40504 Capitalization Fee 15,360 430 Developer Subsidy 65,860 Income Totals 377,528 Income Totals 377,528 Expense Management Fee 565 Community Management Fees Management Fee Totals Insurance 854 Insurance - General Liability 2026 Budget 18,000 18,000 2026 Budget 6,000 3,042 1,987 420 Totals 11,449 859 Insurance - Umbrella 851 Insurance - D&O 863 Insurance - Other Insurance Administrative 568 Newsletter Expense Anticipate 223 homeowners at yr end 2025. +10.5 sales per month on average in 2026 Resident 2026 internet rate is $43.99, billed $528 annually, $264 bi-annually Capitalization Fee collected at closing for first buyers. 30% of assessment amount = $120 12 est.
buyers per month.
Developer subsidy for budget shortfall.
Narrative $1,500 flat fee per month.
Narrative Annual insurance policy - general liability Annual insurance policy umbrella Annual insurance policy D&O Annual insurance policy - property 2026 Budget Narrative 650 Expenses for resident communication like Constant Contact for eblast and newsletter distribution 590 Web Hosting 750 553 Audit & Tax 450 Contract amount for webhosting, Solterra South Website www.solterrasouth.com For audit and tax prep 56101 Lien/Collection Costs 3,100 These are costs for collection efforts that are billed back to residents with delinquent accounts.
572 Postage 1,200 Postage for letters sent to owner for violations 57303 Internet/Phone 1,392 Administrative Totals 7,542 Resident Internet was posted here but moved to GL 603 Resident Internet. This line item will be for association internet and phone only example emergency phones
Phone 1,392 Administrative Totals 7,542 Resident Internet was posted here but moved to GL 603 Resident Internet. This line item will be for association internet and phone only example emergency phones Contract Services 2026 Budget Narrative 619 Landscape Contract 36,120 61907 Landscape R&M 2,400 Monthly landscape maintenance for Solterra South entrance & amenity center Provides for landscape repairs and replacements.
665 Irrigation Repairs 2,400 Provides for leak repair, replacement valves, etc.
629 Pool Service 24,840 62903 Pool Monitor 64,324 Pool service by Community Pools this includes janitorial services for cleaning.
Premier Home Services-$26.00 per hour, per monitor ($35.00 per hour, per monitor on holidays) May 23rd - July 31st 7 Days per week, 2 monitors, 9a-10p August 1st - October 15th Mon – Fri 5p-1p and Sat & Sun, 2 monitors 9a-10p $64,324 Total for the season 63702 Pool Access System 2,400 Contract Services Totals 132,484 Utilities 2026 Budget 755 Water/Sewer 8,000 751 Electricity 2,600 603 Resident Internet 161,619 Utilities 753 Gas Other Expenses 600 Totals 172,819 2026 Budget Access System monitoring, cloud access, etc. Cost estimated until we know what type of system is intalled.
Narrative Water utilities: irrigation cost for monument sign area. As of May, usage will increase for pool and irrigation of pool area landscape.
Estimated monthly expense power to irrigation.
Increasing in May to accommodate pool area landscape, pool pumps, etc.
Provides for internet charges billed per homeowner. Based on estimated 11 new owners per month.
gas service to the amenity center for the fire pit and grills Narrative 749 Miscellaneous Parts/Supplies 2,400 890 Contingency 32,834 Other Expenses Totals 35,234 Expense Totals 377,528
ers per month.
gas service to the amenity center for the fire pit and grills Narrative 749 Miscellaneous Parts/Supplies 2,400 890 Contingency 32,834 Other Expenses Totals 35,234 Expense Totals 377,528 Provides for miscellaneous parts and supplies, including janitorial.
Contingency funds- this is for unplanned projects per board approval.