ANNUAL BUDGET - 2014
Mowing, fertilization, snow removal, holiday lights $ 10,745.00
Blockparty $ 3,500.00
Additional common area maintenance (tree cutting, etc.) $ 4,000.00
Utilities - water$ 1,850.00
Insurance$ 950.00
Office supplies (stamps, envelopes, paper)$ 250.00
Easter egg hunt$ -
Tax Prep $ 100.00
Filing fees (liens/releases/small claims, etc $ 100.00
Website maintenance (including renewal of domain name)$ 184.50
Misc. fees (returned checks, etc.)$ 30.00
Nonprofit certification$ 20.00
Retention pond maintenance (3 year expectation) - Year 3$ 5,000.00
Forecasted Annual Budget$ 26,729.50
Expected income = $175 x 168 houses$ 29,400.00
Cash to go into Reserves$ 2,670.50
Capital Improvements from Reserves
TBD
