| 2008 | 2009 | CHANGE | ||
| BUDGET | ANNUAL | MONTHLY | FROM 2008 | |
| REVENUES | ||||
| MAINTENANCE FEES | $ 79,060.00 | $ 77,510.00 | $ 6,459.00 | $ (1,550.00) |
| INTEREST - OPERATING | $ 10.00 | $ 10.00 | $ 1.00 | $ - |
| LATE CHARGES | $ - | $ - | $ - | $ - |
| RESERVES | $ - | $ - | $ - | $ - |
| $ 79,070.00 | $ 77,520.00 | $ 6,460.00 | $ (1,550.00) | |
| EXPENSES ADMINISTRATIVE | ||||
| ACCOUNTING - INCOME TAX | $ 600.00 | $ 600.00 | $ 50.00 | $ - |
| BAD DEBT | $ 200.00 | $ 200.00 | $ 17.00 | $ - |
| BANK CHARGES | $ 200.00 | $ 750.00 | $ 63.00 | $ 550.00 |
| LEGAL - GENERAL COUNSEL | $ 700.00 | $ 1,500.00 | $ 125.00 | $ 800.00 |
| LICENSES AND TAXES | $ 62.00 | $ 62.00 | $ 5.00 | $ - |
| MANAGEMENT | $ 18,870.00 | $ 20,400.00 | $ 1,700.00 | $ 1,530.00 |
| MASTER ASSN DUES | $ 5,300.00 | $ 7,000.00 | $ 583.00 | $ 1,700.00 |
| PRINTING & POSTAGE | $ 3,400.00 | $ 4,500.00 | $ 375.00 | $ 1,100.00 |
| SOCIAL FUND | $ 1,500.00 | $ 1,500.00 | $ 125.00 | $ - |
| $ 30,832.00 | $ 36,512.00 | $ 3,043.00 | $ 5,680.00 | |
| PROPERTY EXPENSES | ||||
| ELECTRICAL REPAIRS | $ 300.00 | $ 300.00 | $ 25.00 | $ - |
| ELECTRICITY | $ 3,500.00 | $ 3,840.00 | $ 320.00 | $ 340.00 |
| GENERAL REPAIRS | $ 1,500.00 | $ 2,500.00 | $ 208.00 | $ 1,000.00 |
| INSURANCE - D&O | $ 345.00 | $ 450.00 | $ 38.00 | $ 105.00 |
| INSURANCE- PROPERTY | $ 1,400.00 | $ 1,500.00 | $ 125.00 | $ 100.00 |
| INSURANCE - FIDELITY BOND | $ 213.00 | $ 300.00 | $ 25.00 | $ 87.00 |
| INSURANCE - LIABILITY | $ 1,000.00 | $ 1,000.00 | $ 83.00 | $ - |
| INSURANCE - UMBRELLA | $ 3,200.00 | $ 3,300.00 | $ 275.00 | $ 100.00 |
| JANITORIAI. | $ 2,880.00 | $ 3,000.00 | $ 250.00 | $ 120.00 |
| LANDSCAPE REPLACEMENT | $ 500.00 | $ 1,000.00 | $ 83.00 | $ 500.00 |
| LAWN SERVICE | $ 14,350.00 | $ 15,000.00 | $ 1,250.00 | $ 650.00 |
| TREE TRIMMING | $ 5,000.00 | $ 5,000.00 | $ 417.00 | $ - |
| SPRINKLERS/WATERING | $ 900.00 | $ 900.00 | $ 75.00 | $ - |
| $ 35,088.00 | $ 38,090.00 | $ 3,174.00 | $ 3,002.00 | |
| TOTAL OPERATING EXPENSES | $ 65,920.00 | $ 74,602.00 | $ 6,217.00 | $ 8,682.00 |
| CAPITAL RESERVES | $ 11,600.00 | $ 2,918.00 | $ 243.00 | $ (8,682.00) |
| TOTAL OPERATING BUDGET | $ 77,520.00 | $ 77,520.00 | $ 6,460.00 | $ - |
| ASSESSMENTS BREAKDOWN | ||||
| OPERATING | $ 32.31 | $ 36.56 | ||
| RESERVES | $ 5.69 | $ 1.43 | ||
| $ 38.00 | $ 37.99 | |||