Jeremy Pointe Homeowners' Association Estimated 2015 Budget Drafted on November 15, 2014 Income (Dues @ $335.00 per unit per month) Anticipated HOA Dues Anticipated Interest, Fines, and Late Fees
Annual Income Budget $88,440 $225 Estimated Total Income $88,665 Estimated Annual Expense Budget
Annual Expenses Property Management Supplies Legal Services Taxes Insurance Building Maintenance Heat Tape Painting/Staining Repairs Grounds Maintenance Roads Snow Removal Lawn Maintenance Sprinkler Repairs Trees/Weeds Ant Spraying Water Miscellaneous
$0 $300 $200 $300 $10,000 $0 $7,500 $12,500
Estimated Total 2015 Operating Expenses
$0 $11,000 $8,425 $2,000 $3,000 $1,400 $15,000 $240 $71,865
Estimated Total 2015 Expenses
$16,800 $88,665
Reserves
Distribution of Reserve Funds, Estimated 2015 Deposits by Expense Category 2015 = $63.64 per unit per month Emergency Fund Insurance Building Maintenance Building/Log Repairs Staining/Painting Heat Tape Roof Repair Grounds Maintenance Sprinkler Repairs Grounds/Landscaping Road Repair
$960 $1,200 $1,500 $2,880 $360 $7,450 $840 $360 $1,250 $16,800