| WEATHERSTONE | ||||||
| 2004 BUDGET | ||||||
| 12/10/2003 | ||||||
| GL # | Category | 2003 Budget | 2003 Actual (thru 11/03) | Projected End of 2003 | 2004 Budget | |
| Operating Revenues | ||||||
| 4010 | HOA Dues | $ 88,200.00 | $ 88,850.00 | $ 88,850.00 | $ 132,300.00 | |
| 4400 | Misc Income | - | 380.00 | 380.00 | - | |
| 4260 | Late Fees | - | 3,156.00 | 3,256.00 | - | |
| Total Revenue | $ 88,200.00 | $ 92,386.00 | $ 92,486.00 | $ 132,300.00 | ||
| Operating Expenses | ||||||
| Administrative | ||||||
| 5020 | Audit/Accounting Fees | $ 1,600.00 | $ 1,350.00 | $ 1,350.00 | $ 1,250.00 | |
| 5370 | Insurance | 5,000.00 | 7,946.00 | 7,946.00 | 8,500.00 | |
| 5380 | Taxes | 650.00 | 69.00 | 69.00 | 150.00 | |
| 5385 | Income Tax | - | 577.00 | 577.00 | - | |
| 5390 | Bank Charge | - | 32.00 | 32.00 | - | |
| 5450 | Legal Fees-Homeowner | 600.00 | 1,049.00 | 1,049.00 | 600.00 | |
| 5490 | Management Fee | 10,584.00 | 9,828.00 | 10,728.00 | 10,800.00 | |
| 5700 | Administrative | 2,500.00 | 1,061.00 | 1,197.00 | 2,500.00 | |
| 5400 | Training Seminars & Materials | 500.00 | - | - | 500.00 | |
| 5410 | Community Activities | 2,500.00 | 3,223.00 | 3,223.00 | 2,500.00 | |
| 5720 | Miscellaneous | 591.00 | 1,126.00 | 1,283.00 | 500.00 | |
| 5710 | Postage | 650.00 | 562.00 | 682.00 | 700.00 | |
| Reserve Transfer | 19,000.00 | 17,416.00 | 17,416.00 | 20,872.00 | ||
| Total Administrative | $ 44,175.00 | $ 44,239.00 | $ 45,552.00 | $ 48,872.00 | ||
| Pool | ||||||
| 6900 | Pool Maintenance | $ 9,900.00 | $ 5,392.00 | $ 5,392.00 | $ 5,000.00 | |
| 6940 | Pool Supplies/Lights | 1,000.00 | 395.00 | 395.00 | 1,000.00 | |
| 6920 | Pool Grounds Maintenance | - | 4,144.00 | 4,144.00 | 8,000.00 | |
| Pool Repairs | - | - | - | 1,000.00 | ||
| 6985 | Pool Gas | - | 4,814.00 | 4,830.00 | 8,404.00 | |
| 6990 | Pool Electric | - | 2,811.00 | 2,823.00 | 2,904.00 | |
| 6995 | Pool Water | - | 3,959.00 | 4,312.00 | 4,700.00 | |
| 6960 | Clubhouse Maintenance | 750.00 | - | - | - | |
| 6970 | Clubhouse Supplies/Other Maint | 3,000.00 | 541.00 | 541.00 | 1,000.00 | |
| Total Pool | $ 14,650.00 | $ 22,056.00 | $ 22,437.00 | $ 32,008.00 | ||
| Common Areas | ||||||
| 7300 | Grounds Maintenance | $ 7,500.00 | $ 5,344.00 | $ 5,344.00 | $ 5,800.00 | |
| 7400 | Grounds Improvements | - | 15,095.00 | 15,095.00 | 1,000.00 | |
| 7550 | Fence Maintenance | 1,750.00 | 160.00 | 160.00 | 1,000.00 | |
| 7600 | Lighting Maintenance | 1,000.00 | 333.00 | 373.00 | 1,000.00 | |
| 7700 | Sprinkler Repair | 2,500.00 | 901.00 | 901.00 | 2,000.00 | |
| 7820 | Snow Removal | 1,750.00 | - | - | 1,750.00 | |
| 8000 | Annual Flower Planting | 8,000.00 | - | - | 6,000.00 | |
| Total Common Areas | $ 22,500.00 | $ 21,833.00 | $ 21,873.00 | $ 18,550.00 | ||
| Utilities | ||||||
| 8780 | Common Area Gas & Electric | $ 375.00 | $ 1,018.00 | $ 1,101.00 | $ 400.00 | |
| 8950 | Water & Sewer | 6,500.00 | 3,378.00 | 4,031.00 | 1,600.00 | |
| Trash Removal | - | - | - | 30,870.00 | ||
| Total Utilities | $ 6,875.00 | $ 4,396.00 | $ 5,132.00 | $ 32,870.00 | ||
| Total Operating Expenses | $ 88,200.00 | $ 92,524.00 | $ 94,994.00 | $ 132,300.00 | ||
| Net Surplus (Deficit) | $ - | $ (138.00) | $ (2,508.00) | $ - | ||