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The 2009
Budget / Expenses and the 2010 Proposed Budget |
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2009 |
2009 |
2009 |
2010 |
|
Budget |
Actual |
Budget
Variance +/(-) |
Proposed
Budget |
|
|
|
|
|
|
|
|
Electric/Utilities |
$250.00 |
$240.12 |
$9.88 |
$250.00 |
|
Bonding Insurance |
$115.00 |
$114.82 |
$.18 |
$115.00 |
|
Property Taxes |
$600.00 |
$612.40 |
$(12.40) |
$625.00 |
|
Administrative/Office |
$400.00 |
$392.16 |
$7.84 |
$400.00 |
|
Community Property |
$1,200.00 |
$1,326.77 |
$(126.77) |
$1,200.00 |
|
Security |
$150.00 |
$0.00 |
$150.00 |
$150.00 |
|
Activities |
$1,000.00 |
$799.73 |
$200.27 |
$800.00 |
|
Legal* |
$0.00 |
$3,269.87 |
$(3,269.87) |
$1000.00 |
|
Miscellaneous |
$220.00 |
$130.00 |
$90.00 |
$220.00 |
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Other |
|
$193.00 |
$(193.00) |
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TOTALS |
$3,935.00 |
$7,078.87 |
$(3,143.87) |
$4,760.00 |
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2009 |
|
2010
Projected |
|
Dues Collected*** |
|
$3,570.00 |
|
$3,660.00 |
|
Donations/Fund Raisers**** |
|
$461.47 |
|
$500.00 |
|
Total Collected |
|
$4,031.47 |
|
$4,160.00 |
|
Actual Expenses |
|
$6,985.87 |
|
$4,760.00 |
|
Over/(Under) |
|
($2,954.40) |
|
$(600.00) |
|
FYE Fund Balance est. |
|
$2,306.31 |
|
$1,706.31 |
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* The ongoing legal action against the property owner’s
violation of the Avon Bend Covenent has experienced a cost of $3,270 for the
initial injunction and filing of the complaint. An
additional $1,000 is being budgeted to address property owner’s contest of the
Association's action. |
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**Other - expenses anticipated but not yet incurred for FYE 2009. They include one mailing at ~ $170 and one
month’s utility payment at ~ $23 |
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***119 owner’s dues were paid. |
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***Includes $6.17 interest. |
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