Dynasys Technical Services
Capital Reserves Analysis Worksheet
Association:..........Country Ridge Estates YEAR: 2011 For 2012. DATE: SEPT 30, 2011
Insurance Deductible = $2500. 2% Wind and Hail Deductible. Renew Date: August 1st
Value = 3.4Mil
Current Dues: .......$197.00 ________($ per unit per month) Total Units .....36__________
CRA Date: ............September 30, 2011 Emergency Reserves Level ....$20,000 _____
CASH SITUATION As of End of Prior Year APR As of CRA Date APR
Cash/Checking ..................... $7,169.15 _____ $15,142.45__________ _____
Liquid Savings ..................... $21,999.40 _____ $22,201.48__________ _____
Non-Liquid Savings ............. $ 0 ______ _____ $0_________________ _____
Accts Receivable .................. $ 401.34 _ _____ $212.93 ____________ _____
Other ................................... $0 ______ _____ $0_________________ _____
Likely Bad Debt ................... $0 ______ _____ $0_________________ _____
TOTAL...........................................$29,569.89 _____ $37,457.86__________ _____
INCOME Prior Year As of CRA Date Est Remaining
Annual ........................$79,920.00____________ $63,828.00 ___________ $21,276.00____________
Interest........................$213.73 ______________ $103.08______________ $30.00 _______________
Fees & Fines ..............$810.00 ______________ $90.00_______________ $30.00 _______________
Other Annual ..............$201.76 ______________ $21.56_______________ $6.00 ________________
Non-Annual................$0___________________ $0 __________________ $0___________________
TOTAL ......................$81,145.49____________ $64,042.64 ___________ $21,342.00____________
EXPENSES Prior Year As of CRA Date Est Remaining
Annual ........................$55,706.75____________ $37,599.26 ___________ $14,110.48____________
Non-Annual................$29,165.00____________ $18,845.22 ___________ $19,600.00*___________
Bad Debt Write Off ....$4,629.77_____________ $0 __________________ $0
TOTAL ......................$89,501.52____________ $56,444.48 ___________ $33,710.48____________
*$3,000 is included for stairs and deck stain. This may or may not happen depending on finances and weather.
Dynasys Technical Services
Capital Reserves Analysis Worksheet
Out Year Maintenance Schedule
Description Bid Amount Bid Date Freq (yrs) Next Scheduled Last Performed
1)Roofing ____ $103,000____ Sept 11 __ _40_______ 2041 __________ 2001___________
2)Painting ____ $7,921 _____ Sept 10 __ _5________ 2012 __________ 2007 ______
As Blds are being stucco’d, the only required painting will be the sofit, facia, stairs and landings. Above
price is for all 6 buildings.
3)Asphalt Sealcoat $6,036.97 ___ Sept 11 __ _5________ 2016 __________ 2011___________
4)Asphalt 2” O/lay $58,221 ____ Sept 11 __ _50_______ 2021 __________ Unknown _______
5)Asphalt R/R _ $140,000____ Sept 09 __ _50_______ 2046? _________ Unknown _______
6)*Stucco 1 bldg $20,000_____ Sept 11 __ __________ 2012? _________ _______________
* Again the Board is still trying to stucco one building per year (or as funds permit). One building was completed in
2011. We now have four bldgs stucco’d in total - 2 to go.
Anticipated Changes to Annual Expenses
Description (Estimated) Present Year Total Amount Next Year Expected Amount
1)Management _________ 9074.00 __________________ 9074 No Increase __________
2) CPA Tax Prep ________ 380.88 ___________________ 380.88
3)CPA Review* ________ 1500.00 __________________ 1600.00 __________________
4)Landscape Contract ____ 5640.00 __________________ 5809.20 (3%)______________
5)Fertilization/Weed Control 433.00 ___________________ 446.55 (3%)_______________
6)Water _______________ 10410.00 _________________ 12.905.00 ** ______________
7)Electricity____________ 1082.00 __________________ 1157.00 (7%)______________
8)Insurance ____________ 9943.00 __________________ 10937.00 (10% min) ________
9)Trash Removal ________ 3440.00*** _______________ 3956.00 (15%)_____________
*CPA Review to be done every other year starting in 2009. But will probably not be done in 2012.
**Woodmore Water has introduced a monthly “Renewable Water Fee” plus a 3% increase in water.
***trash company quoted a 5% increase for 2011. Turned out to be 15%. Went out for bids – they were
still cheaper.