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Download a printer friendly version of the 2005 budget (.pdf)
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2005
Budget
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Annual Dues
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$216
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Existing Units-CPN Master Assn Members
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2,968
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Units Completed during Year-New Members
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100
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Total Homes at End of Year
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3,068
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Revenue
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Homeowner Assessments
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$651,888
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Interest Income
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1,000
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Design Review Income
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Advertising Income
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Late Fee Income
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0
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Other Income
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0
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Less: Park Plan Transfer
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70%
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(456,322)
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Total Revenue
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$ 196,566
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EXPENSES
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Financial/Legal/Administrative:
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Accounting/Tax Prep
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1,000
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Bank Charges
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100
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Filing Fees
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150
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Insurance
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25,000
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Legal
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25,000
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Management Fee
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54,504
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Printing
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3,000
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Postage and Delivery
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2,000
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Misc. Financial Expense
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1,000
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Communications & Printing:
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Publishing
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9,000
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Article/Email/Letter Writing
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30,000
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Printing and Addressing
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12,000
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Postage
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3,450
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Other Communication Expense
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14,000
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Less: Newsletter Advertising
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(20,000)
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Web Site
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40,000
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Social Events:
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18,000
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Community Improvement Projects
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20,000
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Holiday Decorations
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3,000
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Maintenance
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Miscellaneous Expense
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100
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Total Expenses
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$ 241,304
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Excess(Deficit) of Income over Expenses
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($ 44,738)
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Fund Balances, Beginning of Year
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$ 100,777
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Fund Balances, End of Year
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$ 56,039
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