Anytown
Homeowner’s Association
Budget Comparison
August 2005
MTD
Actual MT
INCOME
Assessed Income
Monthly Assessment 7,151.00 7,200.00 -49.00 -0.68 35,242.00 36,000.00 -758.00 -2.11 86,400.00
Total Assessed Income 7,151.00 7,200.00 -49.00 -0.68 35,242.00 36,000.00 -758.00 -2.11 86,400.00
Other Income
Late Charges/Fees 30.00 0.00 30.00 0 351.00 0.00 351.00 0 0.00
Capital Reserve Interest 14.43 0.00 14.43 0 68.65 0.00 68.65 0 0.00
Operating Interest 2.51 0.00 2.51 0 18.31 0.00 18.31 0 0.00
Miscellanous
Income 0.00 41.67 -41.67 -100.00 0.00 208.35 -208.35 -100.00 500.00
Total Other Income 46.94 41.67 5.27 12.65 437.96 208.35 229.61 110.20 500.00
GROSS INCOME 7,197.94 7,241.67 -43.73 -0.60 35,679.96 36,208.35 -528.39 -1.46 86,900.00
OPERATING EXPENSES
ADMINISTRATIVE EXPENSES
Management Fee 690.00 690.00 0.00 0.00 3,450.00 3,450.00 0.00 0.00 8,280.00
Legal Expenses 40.00 27.50 -12.50 -45.45 1,192.00 137.50 -1,054.50 -766.91 330.00
Accounting/Audit 0.00 64.58 64.58 100.00 750.00 322.90 -427.10 -132.27 775.00
Miscellaneous Administration 272.45 166.67 -105.78 -63.47 825.56 833.35 7.79 0.93 2,000.00
TOTAL ADMIN.
EXPENSES 1,002.45 948.75 -53.70 -5.66 6,217.56 4,743.75 -1,473.81 -31.07 11,385.00
UTILITY EXPENSES
Electricity 109.66 91.67 -17.99 -19.62 572.87 458.35 -114.52 -24.99 1,100.00
Water/Sewer 0.00 366.67 366.67 100.00 239.93 1,833.35 1,593.42 86.91 4,400.00
TOTAL UTILITY EXPENSES 109.66 458.34 348.68 76.07 812.80 2,291.70 1,478.90 64.53 5,500.00
SERVICE EXPENSES
Grounds Contract 1,131.97 1,132.00 0.03 0.00 5,659.85 5,660.00 0.15 0.00 13,584.00
Trash Removal 475.44 508.33 32.89 6.47 2,446.47 2,541.65 95.18 3.74 6,100.00
Snow Removal/Excess 0.00 291.67 291.67 100.00 3,453.50 1,458.35 -1,995.15 -136.81 3,500.00
TOTAL SERVICE EXPENSES 1,607.41 1,932.00 324.59 16.80 11,559.82 9,660.00 -1,899.82 -19.67 23,184.00
R/M EXPENSES
Landscape Repairs 137.70 166.67 28.97 17.38 517.70 833.35 315.65 37.88 2,000.00
Sprinklers 0.00 166.67 166.67 100.00 0.00 833.35 833.35 100.00 2,000.00
Lights-Repairs/Supplies 158.28 83.33 -74.95 -89.94 1,106.53 416.65 -689.88 -165.58 1,000.00
Fence Repairs 0.00 20.83 20.83 100.00 115.00 104.15 -10.85 -10.42 250.00
Painting/Stucco 0.00 0.00 0.00 0 400.80 0.00 -400.80 0 0.00
Roof Repairs 0.00 83.33 83.33 100.00 0.00 416.65 416.65 100.00 1,000.00
Building Repairs 0.00 83.33 83.33 100.00 0.00 416.65 416.65 100.00 1,000.00
Asphalt Repairs 0.00 250.00 250.00 100.00 0.00 1,250.00 1,250.00 100.00 3,000.00
Gutter Repairs 0.00 0.00 0.00 0 77.76 0.00 -77.76 0 0.00
Misc Maintenance 380.00 83.33 -296.67 -356.02 440.00 416.65 -23.35 -5.60 1,000.00
TOTAL R/M EXPENSE 675.98 937.49 261.51 27.89 2,657.79 4,687.45 2,029.66 43.30 11,250.00
TAX/INSURANCE
Property/Liab
Insurance 833.08 666.67 -166.41 -24.96 4,219.40 3,333.35 -886.05 -26.58 8,000.00
TOTAL TAX/INSURANCE 833.08 666.67 -166.41 -24.96 4,219.40 3,333.35 -886.05 -26.58 8,000.00
TOTAL OPERATING EXPENSES 4,228.58 4,943.25 714.67 14.46 25,467.37 24,716.25 -751.12 -3.04 59,319.00
RESERVE TRANSFERS
Asphalt Replacement 546.67 546.67 0.00 0.00 2,733.35 2,733.35 0.00 0.00 6,560.00
Roof Replacement 14.43 0.00 -14.43 0 68.65 0.00 -68.65 0 0.00
Paint/Siding Replacement 625.00 625.00 0.00 0.00 3,125.00 3,125.00 0.00 0.00 7,500.00
Fence Replacement 1,025.00 1,025.00 0.00 0.00 5,125.00 5,125.00 0.00 0.00 12,300.00
Concrete Replacement 83.33 83.33 0.00 0.00 416.65 416.65 0.00 0.00 1,000.00
Gutter Replacement 18.42 18.42 0.00 0.00 92.10 92.10 0.00 0.00 221.00
TOTAL RESERVE ENTRY 2,312.85 2,298.42 -14.43 -0.63 11,560.75 11,492.10 -68.65 -0.60 27,581.00
TOTAL EXPENSES 6,541.43 7,241.67 700.24 9.67 37,028.12 36,208.35 -819.77 -2.26 86,900.00
NET INCOME 656.51 0.00 656.51 0 -1,348.16 0.00 -1,348.16 0 0.00
OTHER DISBURSEMENTS
BH -118.75 0.00 118.75 0 -118.75 0.00 118.75 0 0.00
TOTAL OTHER DISBURSEMENT -118.75 0.00 118.75 0 -118.75 0.00 118.75 0 0.00
NET CASH FLOW 775.26 0.00 775.26 0 -1,229.41 0.00 -1,229.41 0 0.00
CASH FLOW 775.26 0.00 775.26 0 -1,229.41 0.00 -1,229.41 0 0.00
Beginning Cash 4,709.03
Ending Balance 5,397.29
