| PPTA BUDGET 2009 | ||||||
| Year to Date through October 7, 2009 | 2009 Income | |||||
| To Date | ||||||
| Dues: | $64,035.00 | |||||
| Interest: | $26.74 | |||||
| TOTAL INCOME: | $64,061.74 | |||||
| Transfer from Savings/CD: | ||||||
| TOTAL: | $64,061.74 | |||||
| Income (49 Units) | Monthly | Annually | ||||
| Association Dues | $6,860.00 | $82,320.00 | $140.00 per month per unit, 49 units | |||
| Expenses | Annual | Monthly | Notes | PAID: | ||
| Accountant | $31.00 | $2.58 | $65.00 | |||
| Bank Fees | $3.00 | $0.25 | $0.00 | |||
| Chimney Inspections, Cleaning, and Repair | $1,530.00 | $127.50 | Budgeted for April | $1,401.00 | ||
| Gov't Biennial Report | $10.00 | $0.83 | $0.00 | |||
| Gutters | $1,137.00 | $94.75 | Peakview cost, Budgeted for June | $1,087.00 | ||
| Homeowners Insurance - Business Owners Policy | $7,707.00 | $642.25 | Building coverage, Jan. | $7,069.00 | ||
| Homeowners Insurance - Directors and Officers | $493.00 | $41.08 | D&O, Jan. | $558.00 | ||
| Homeowners Insurance - Fidelity and Bond | $329.00 | $27.42 | Bonding, Oct. Decreased 2009 renewal by $227 | $0.00 | ||
| Homeowners Insurance - Umbrella | $400.00 | $33.33 | Umbrella, Feb. | $400.00 | ||
| TOTAL INSURANCE | $8,929.00 | $744.08 | $8,027.00 | |||
| Legal | $1,000.00 | $83.33 | $187.00 | |||
| Maintenance + Outside Contracts | $20,264.24 | $1,688.69 | $32/hr.w/material =$19359.24 + mowing @ $800/yr., + Outside Contracts @ $105/yr | $23,860.21 | ||
| Misc | $25.00 | $2.08 | $0.00 | |||
| Webpage | $99.00 | $8.25 | $99/yr website hosting + help, $67.50 pd domain name through 1/31/2013 | $99.00 | ||
| Office | $506.01 | $42.17 | Includes P.O. Box $54, Safe Deposit Box $30, Meetings | $787.43 | ||
| Paving, Road Maintenance | $4,171.39 | $347.62 | Based on 3 year average + 5% | $2,675.00 | ||
| Property Management | $8,400.00 | $700.00 | $7,000.00 | |||
| Snowplowing | $1,640.00 | $136.67 | Based on average of past 2 years. Includes ice melt | $4,410.00 | ||
| Staining - Buildings + Mid-Schedule Surface Staining | $23,000.00 | $1,916.67 | 3 year average + 5%, July | $3,690.00 | ||
| Trash | $6,009.36 | $500.78 | $547 average per month | $4,510.02 | ||
| Error correction | $0.00 | |||||
| Total Expenses | $76,755.00 | $6,396.25 | $57,798.66 | |||
| Reserves | Annual | Monthly | Notes | PAID | Reserve | |
| Roofing | $5,565.00 | $463.75 | Began March 2009 | $0.00 | $4,063.51 | <-- Through 10/07/09 |
| Insurance Deductible | $1,000.00 | One time saved | $1,000.00 | |||
| Total Reserves | $6,565.00 | $463.75 | $0.00 | $5,063.51 | ||
| Total Expenses and Reserves Budgeted Annually | $83,320.00 | |||||
| Total of Expenses and Reserves PAID in: | 2009 | $57,798.66 | ||||
| Balanced: | ($1,000.00) | |||||