Cypress Isles 2006 Budget
   

Budget 2005

Proposed 2006

Increase over 2005
INCOME        

4010

HOMEOWNERS ASSESSMENTS

$21,840

$24,640

12.80%

4180

Interest on Operating Acct

$1

-

-100.00%
 

TOTAL INCOME

$21,841

$24,640

12.80%
EXPENSES        
GENERAL & ADMINISTRATIVE EXPENSES      

6010

Management Fees

$6,000

$6,600

10.00%

6025

Licenses

$65

$65

0.00%

6040

Legal Fees

$150

$780

420.00%

6050

OCHAA Membership

-

$90

N/A

6070

Payment Coupon Booklets

-

$396

N/A

6080

Bank Charges and (pre-2005) Coupons

$340

$76

-77.60%

6090

Postage & (pre-2005) Supplies

$325

$266

-18.10%

6110

Property and Directors Insurance

$1,700

$2,026

19.20%

6150

Office Supplies

-

$30

N/A

6170

Copying & Printing

$650

$983

51.20%

6220

Corporate Annual Report

$0

$61

N/A

6240

Bad Debt

$100

$33

-66.60%

6250

Homeowner Activities

$150

$150

0.00%

6280

Storage

-

$82

N/A
 

GEN'L & ADMIN EXPENSES

$9,480

$11,639

22.80%
GROUND MAINTENANCE EXPENSES      

6510

Landscape Maintenance

$4,800

$4,944

3.00%

6600

Turf Maintenance

$440

$151

-65.70%

6540

Annuals

$813

$813

0.00%

6550

Mulch

$500

$500

0.00%

6570

Tree Trimming and Removal

$900

-

-100.00%

6600

Fertilization & Chemicals

-

$293

N/A

6630

Lakes / Ponds / Waterways

$989

$1,023

3.50%

-

Entrance / Lights, Walls, Signage

$200

$130

-35.00%

6730

Traffic Enforcement

$1,500

$1,600

6.70%

7830

Electricity - Entry Lights

$960

$935

-2.60%

-

Maintenance - Entrance Landscaping

-

$0

N/A

-

Maintenance - Entrance Signage

-

$0

N/A

-

Maintenance - Entrance Masonry

-

$0

N/A

-

Maintenance - Entrance Electric

-

$0

N/A

-

Maintenance - Retention Ponds

-

$0

N/A

-

Maintenance - Greenbelt Areas

-

$0

N/A

-

GROUND MAINTENANCE EXPENSES

$11,101

$10,389

-6.40%
 

Subtotal Expenses

$20,581

$22,028

7.00%

7910

Contingency Expenses

$660

$0

-100.00%

-

Reserves - Entrance Landscaping

-

$1,200

N/A

8010

Reserves - Entrance Signage

$600

$406

-32.30%

-

Reserves - Entrance Masonry

-

$525

N/A

-

Reserves - Entrance Electric

-

$148

N/A

-

Reserves - Retention Ponds

-

$20

N/A

-

Reserves - Greenbelt Areas

-

$50

N/A
 

TOTAL

$21,841

$24,377

11.60%
         
  Net Operating Income (Loss)

$0

$263

N/A
 

QUARTERLY OWNER ASSESSMENT

$39.00

$44.00

12.80%

 

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