CHAPEL PINES HOA

2010 BUDGET
January 1. 2010 - December 31. 2010
2009 2009
YEARLY
BUDGET YEAR-END BUDGET BUDGET
3100 Maintenance Fees $425,628 $425,625 $214,672 $17,889
3101 Lawn Maintenance/Delinquent 3165
3300 Delinquent Interest/Late Fees $1,500
3400 Operating Interest $30
3450 Reserve Interest $20
3900 Other Income $61
3910_, Legal Recovery $7,300
Total Revenue $425,628 $434,701 $214,872 $17,889

EXPENSES

Administrative
4006 Management/Bookeeping $45,540 $45,534 $46,896 $3,908
4014 Office Expenses $7,800 $9,760 $9,996 $833
4020 Communications $0 $0 $1,000 $83
4052 License/Fees $60 $61 $60 $5
4056 Bad Debt $41,820 $41 ,820 $30,888 $2,574
4075 Legal/Collections $30.996 $28,700 $30,000 $2,500
4084 Audit/Taxes $5,004 $4,800 $4,800 $400
Total Administrative $131,220 $130,675 $123,640 $10,303

Insurance
4091 General Liability $7,260 $6,319 $6,636 $553
4093 D&O $3,000 $2,805 $2,940 $245
4097 Bond $252 $219 $240 $20
Total Insurance $10,512 (9,343 $9,816 $818

Maintenance Services
5000 General Maintenance $5,004 $4,587 $5,004 $417
6030 Irrigation Repairs - Non Contracted $504 $250 $504 $42
6037 Lake Maintenance J7,080 $19,405 $7,404 $617
6100 Grounds Contract $42.996 $45,623 345,300 $3,775
6101 Landscaping - Miscellaneous S2.004 $1,048 $2,004 3167
Total Maintenance Services $57,588 $70,913 $60,216 $5,01!

Utilities
7001 Electricity $21,288 $17,457 $18,000 $1,500
7004 Cable TV $202,020 $160,318 $C $0
Total Utilities $223,308 $177,775 $18,000 $1,500

Reserves
9000 Deferred Maintenance 13,000 $3,000 $3,000 $250
9160 Interest Expense Reserve $0 $181 $0 $0
Total Reserves 13,000 $3,181 $3,000 $250
TOTAL EXPENSES $425,628! $391,887 $214,872 517,889

20! 9 2010 2010 per am-

WithCiable

Annual Maintenance Fees (614 Units) $693.21 $349.63 $87.41

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