Docstoc

2008 Budget - DRAFT

Document Sample
2008 Budget - DRAFT Powered By Docstoc
					                                                            2007 Proposal   2008 Proposal
                                                             0% Increase     0% Increase
INCOME
                     TRANSFER IN FROM RESERVES
                                                                                            Incl partial cable payment
                     Assessments                                  $90,868         $99,375
                     Increase 0% in assessments
                     Parking                                       $7,500          $7,500
                     Cable                                         $8,507
                     Special Assessment
                     Move In/Out Charges                            $300            $300
                     Late Fees                                     $1,000          $1,000
                     Laundry                                       $2,500          $2,500
                     Scavenger Rebate                              $2,100          $2,100
                                   TOTAL INCOME                  $112,775        $112,775

EXPENSES

Administrative       Management                                    $9,336          $7,800
                     Accounting Fees                                $175            $200
                     Bank Fees                                        $25             $25
                     Professional/Legal Fees                        $250            $500
                     Miscellaneous                                  $250            $250
                     Licenses and Registration                      $250            $250
                                  Total Administrative            $10,286          $9,025

Insurance Expenses   Package Insurance/Property                    $7,100          $7,100
                     Umbrella Insurance                             $710            $710
                     Insurance Installment
                                    Total Insurance                $7,810          $7,810

Utilities            Electricity                                   $2,500          $2,500
                     Water                                         $3,700          $3,700
                     Cable                                        $10,080         $10,900     10896
                     Gas/Fuel/Delivery                            $33,000         $36,000
                     Scavenger                                     $2,500          $2,500
                                     Total Utilities              $51,780         $55,600

Maintenance          Janitor                                       $9,900          $9,900
                     Janitor Holiday Bonus                          $500            $500
                     Handyman                                       $400            $400
                     Purchase Laundry
   Grounds Maint.    Landscape                                     $3,000          $3,000
   Grounds Maint.    Irrigation Design                                              $150
                     New Landscaping                                               $2,000    ?
                     Carpet Cleaning                                $650            $750         What we paid in Aug-07
                     Exterminator                                   $100            $840
                     Roof/Gutters - CSR contract                                                  To continue monthly
                     Hardware/Cleaning Supplies                                    $1,000         services
                     Misc. Maintenance                             $2,000          $2,000
                     Reserve Study
                     Concrete/Asphalt                                              $1,000    ?
                     Intercom Repairs
                     Appliance Repairs
                     Fire Extinguisher Tags
                                    Total Maintenance             $16,550         $21,540

Repairs              Roof/Decks/Awnings
                     Porches
                     Porch Seal
                     Limestone Repair
                     Sewer/Plumbing                                 $200            $200
                     Heating                                       $1,200          $1,200
                     Window Cleaning                                $700            $700                This is a quote for painting the hallways -
                     Emergency Lights                                                                   patching all holes and cracks, painting
                     Electrical                                                                         ceilings, walls, railings and the trim on the
                                                                                                        door. Price per hallway for a total of
                     Painting/Decorating                                            $500     ?
                                                                                                        $5,875.
                     Gates & Doors
                     Lentils
                     Parapet walls
                     Chimney                                                                Per quote - Michael is
                     Masonary                                                               going to get another
                     Other major repairs                           $3,000          $3,000   quote to compare.

                     Insulate hot water pipes from boiler                          $3,200
                     Hot Water - laundry                                           $1,360     $340 per washer for cartridge
                                     Total Repairs                 $5,100         $10,160     filters & brass shut off values
                                                                                              to be used for maintenance.
TRANSFER OUT TO RESERVES

                                  TOTAL EXPENSES                  $91,526        $104,135


INCOME - EXPENSES = NET INCOME                                    $21,249          $8,640

TRANSFER FROM RESERVES                                                 $0              $0

NET INCOME                                                        $21,249          $8,640
527-37 West Brompton Association Assessments For 2008

                  Monthly

                 0% Increase
527 1N                  $399.32
527 2N                  $399.32
527 3N                  $399.32

527 1S                 $259.82
527 2S                 $259.82
527 3S                 $259.82

527 BSMT               $195.79

529 1N                 $282.69
529 2N                 $282.69
529 3N                 $282.69

529 1S                 $274.30
529 2S                 $274.30
529 3S                 $274.30

531 #1                 $262.88
531 #2                 $262.88
531 #3                 $262.88

535 1N                 $282.69
535 2N                 $282.69
535 3N                 $282.69

535 1S                 $274.30
535 2S                 $274.30
535 3S                 $274.30

537 1N                 $399.32
537 2N                 $399.32
537 3N                 $399.32

537 1S                 $259.82
537 2S                 $259.82
537 3S                 $259.82


   Total              $8,281.21

  Parking              $625.00

                      $8,906.21
Total Year   $106,874.52

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:2/25/2012
language:
pages:3