| |
| Existing Units-CPN Master Assn Members |
2,383 |
| Units Completed during Year-New Members |
225 |
| Total Homes at End of Year |
2,608 |
| Funds Generated from Existing Units |
$514,728 |
| Funds Generated from New Units (50%) |
$24,300 |
| Total Estimated Dues Income |
$539,028 |
| |
|
| Approved Budget |
2003 |
| REVENUE |
|
 Homeowner Assessments |
$539,028 |
| Interest Income |
1,200 |
| Design Review Income |
0 |
| Advertising Income |
1,000 |
| Other Income |
0 |
| Less: |
|
| Park Plan Transfer 70% |
(377,320) |
| Total Revenue |
$163,908 |
| |
|
| EXPENSES |
|
| Financial/Legal/Administrative: |
|
| Accounting/Tax Prep |
$2,500 |
| Bank Charges |
100 |
| Filing Fees |
150 |
| Insurance |
2,352 |
| Legal |
11,000 |
| Management Fee |
45,324 |
| Printing |
3,500 |
| Postage and Delivery |
2,000 |
| Misc. Financial Expense |
1,000 |
| Printing & Communications: |
|
| Publishing |
6,000 |
| Article/Email/Letter Writing |
3,500 |
| Printing |
12,000 |
| Postage |
4,200 |
| Misc. Newsletter Expense |
100 |
| Less: Newsletter Advertising |
(15,000) |
| Web Site |
30,000 |
| Social Events: |
16,000 |
| Easter Egg Hunt |
|
| Summer Party |
|
| Fall Party |
|
| Garage Sale |
|
| Other |
|
| Community Improvement Projects |
20,000 |
| Holiday Decorations |
3,000 |
| Miscellaneous Expense |
100 |
| Total Expenses |
$147,826 |
| Excess (Deficit) of Income over Expenses |
$16,082 |
|
|
| Contact CPNHOA: |
| |
| Phone/Fax 303-482-3078 |
| Email - admin@cpnhoa.org |
| Web - www.cpnhoa.org |
|
