2011 BUDGET
Content
2008
THE TOWNHOMES OF CANYON CREEK BUDGET
2007
BUDGET
ACTUAL 2007
2008
BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
ASSESSMENT INCOME
TOTAL
$82,526.81
$360.00
$456.00
$1,566.53
$400.00
$20,950.00
$106,259.34
$93,720.00
$11,076.00
$600.00
$600.00
$1,150.00
$5,000.00
$12,000.00
$4,000.00
$2,900.00
$3,500.00
$500.00
$68,688.00
$10,368.00
$600.00
$600.00
$852.69
$12,342.53
$9,157.83
$2,908.89
$3,228.42
$3,988.10
$200.00
$255.00
$$23,907.76
$1,765.27
$650.00
$1,515.52
$3,812.47
$400.48
$1,490.00
$$78,042.96
NET OPERATING INCOME
$12,252.00
$28,216.38
$19,994.00
RESERVES
$11,332.00
$16,505.36
$18,744.00
$920.00
$11,711.02
$1,250.00
EXPENSES
MANAGEMENT FEE
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
FEES & PERMITS
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
PAINTING
TOTAL EXPENSES
(20% Reserves)
ENDING ACCOUNT BALANCE
RESERVE FUNDS AS OF 07-22-08
$80,940.00
$80,940.00
$10,368.00
$600.00
$600.00
$600.00
$4,000.00
$12,000.00
$4,000.00
$2,700.00
$4,300.00
$725.00
$245.00
$21,000.00
$500.00
$250.00
$2,400.00
$2,500.00
$500.00
$1,400.00
$-
$93,720.00
$250.00
$22,000.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,400.00
$73,726.00
TOWNHOMES OF CANYON CREEK
2010 BUDGET
JUNE 12, 2009
2009 BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
$102,240.00
AS OF
6-11-2009
12/31/2009
ACTUAL
2010
BUDGET
$10,697.05
$10,851.21
$56,751.85
$300.00
$408.00
$3.47
$250.00
$102,971.85
$480.00
$480.00
$6.22
$500.00
$30,673.15
$200.00
$135,311.22
$102,240.00
$12,780.00
$102,240.00
$200.00
$57,913.32
$11,076.00
$5,538.00
$600.00
$600.00
$900.00
$4,000.00
$12,000.00
$2,000.00
$4,000.00
$4,500.00
$440.00
$125.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$300.00
$300.00
$551.03
$1,175.76
$4,394.97
$892.50
$1,642.20
$1,871.01
$$125.00
$9,593.85
$$$1,613.24
$3,736.03
$-
$1,600.00
$74,291.00
$500.00
$32,233.59
$11,076.00
$1,050.95
$600.00
$600.00
$790.81
$2,334.04
$9,721.10
$1,495.38
$3,122.61
$5,199.08
$175.00
$335.50
$24,053.32
$78.67
$375.00
$2,371.00
$5,988.44
$1,630.00
$36,094.59
$1,100.00
$108,191.49
NET OPERATING INCOME
$27,949.00
$36,376.78
$37,970.94
$27,070.00
RESERVES
$27,000.00
$13,500.00
$27,000.00
$27,000.00
$949.00
$22,876.78
$10,970.94
$70.00
$13,500.00
$27,000.00
EXPENSES
MANAGEMENT FEE
ADVERTISING
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
FIRE EXPENSE
TRASH CLEANUP
TOTAL EXPENSES
ENDING ACCOUNT BALANCE
RESERVE FUNDS AS OF 06-11-09
$102,240.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$1,440.00
$300.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$75,170.00
TOWNHOMES OF CANYON CREEK 2011 BUDGET
PROPOSED
2011 BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
$102,240.00
$102,240.00
EXPENSES
MANAGEMENT FEE
Advertising
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
FIRE EXPENSE
TOTAL EXPENSES
$12,780.00
$300.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$300.00
$300.00
$24,500.00
$1,000.00
$150.00
$2,400.00
$5,000.00
$600.00
$1,200.00
$$75,130.00
NET OPERATING INCOME
$27,110.00
RESERVES
$27,000.00
ENDING ACCOUNT BALANCE
$110.00
3 YEAR BUDGET PLAN
2009 BUDGET 2009 ACTUAL
2010
BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
EXPENSES
MANAGEMENT FEE
ADVERTISING
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
FIRE EXPENSE
TOTAL EXPENSES
NET OPERATING INCOME
RESERVE FUNDS
2011
BUDGET
$-
$102,240.00
$102,971.85
$480.00
$480.00
$6.22
$500.00
$30,673.15
$200.00
$135,311.22
$102,240.00
$12,780.00
$74,291.00
$11,076.00
$1,050.95
$600.00
$600.00
$790.81
$2,334.04
$9,721.10
$1,495.38
$3,122.61
$5,199.08
$175.00
$335.50
$24,053.32
$78.67
$375.00
$2,371.00
$5,988.44
$1,630.00
$1,100.00
$36,094.59
$108,191.49
$27,949.00
$27,119.73
$102,240.00
$11,076.00
$600.00
$600.00
$900.00
$4,000.00
$12,000.00
$2,000.00
$4,000.00
$4,500.00
$440.00
$125.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$52,932.00
$40.00
$504.00
$1.31
$250.00
$8,211.41
$$61,938.72
$102,240.00
$75,170.00
$5,538.00
$$300.00
$300.00
$480.82
$5,055.14
$6,762.76
$602.88
$1,075.71
$259.22
$$107.00
$13,483.61
$325.00
$$757.76
$2,561.18
$$600.00
$10,110.81
$48,319.89
$12,780.00
$300.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$300.00
$300.00
$24,500.00
$1,000.00
$150.00
$2,400.00
$5,000.00
$600.00
$1,200.00
$$75,130.00
$27,070.00
$13,618.83
$27,110.00
$27,000.00
$27,000.00
$27,000.00
$27,119.73
$70.00
$(13,381.17)
$110.00
$27,000.00
$54,000.00
RESERVES
ENDING ACCOUNT BALANCE
AS OF
6-11-2010
$27,949.00
$102,240.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$1,440.00
$300.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$102,240.00
$81,000.00
THE TOWNHOMES OF CANYON CREEK BUDGET
2007
BUDGET
ACTUAL 2007
2008
BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
ASSESSMENT INCOME
TOTAL
$82,526.81
$360.00
$456.00
$1,566.53
$400.00
$20,950.00
$106,259.34
$93,720.00
$11,076.00
$600.00
$600.00
$1,150.00
$5,000.00
$12,000.00
$4,000.00
$2,900.00
$3,500.00
$500.00
$68,688.00
$10,368.00
$600.00
$600.00
$852.69
$12,342.53
$9,157.83
$2,908.89
$3,228.42
$3,988.10
$200.00
$255.00
$$23,907.76
$1,765.27
$650.00
$1,515.52
$3,812.47
$400.48
$1,490.00
$$78,042.96
NET OPERATING INCOME
$12,252.00
$28,216.38
$19,994.00
RESERVES
$11,332.00
$16,505.36
$18,744.00
$920.00
$11,711.02
$1,250.00
EXPENSES
MANAGEMENT FEE
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
FEES & PERMITS
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
PAINTING
TOTAL EXPENSES
(20% Reserves)
ENDING ACCOUNT BALANCE
RESERVE FUNDS AS OF 07-22-08
$80,940.00
$80,940.00
$10,368.00
$600.00
$600.00
$600.00
$4,000.00
$12,000.00
$4,000.00
$2,700.00
$4,300.00
$725.00
$245.00
$21,000.00
$500.00
$250.00
$2,400.00
$2,500.00
$500.00
$1,400.00
$-
$93,720.00
$250.00
$22,000.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,400.00
$73,726.00
TOWNHOMES OF CANYON CREEK
2010 BUDGET
JUNE 12, 2009
2009 BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
$102,240.00
AS OF
6-11-2009
12/31/2009
ACTUAL
2010
BUDGET
$10,697.05
$10,851.21
$56,751.85
$300.00
$408.00
$3.47
$250.00
$102,971.85
$480.00
$480.00
$6.22
$500.00
$30,673.15
$200.00
$135,311.22
$102,240.00
$12,780.00
$102,240.00
$200.00
$57,913.32
$11,076.00
$5,538.00
$600.00
$600.00
$900.00
$4,000.00
$12,000.00
$2,000.00
$4,000.00
$4,500.00
$440.00
$125.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$300.00
$300.00
$551.03
$1,175.76
$4,394.97
$892.50
$1,642.20
$1,871.01
$$125.00
$9,593.85
$$$1,613.24
$3,736.03
$-
$1,600.00
$74,291.00
$500.00
$32,233.59
$11,076.00
$1,050.95
$600.00
$600.00
$790.81
$2,334.04
$9,721.10
$1,495.38
$3,122.61
$5,199.08
$175.00
$335.50
$24,053.32
$78.67
$375.00
$2,371.00
$5,988.44
$1,630.00
$36,094.59
$1,100.00
$108,191.49
NET OPERATING INCOME
$27,949.00
$36,376.78
$37,970.94
$27,070.00
RESERVES
$27,000.00
$13,500.00
$27,000.00
$27,000.00
$949.00
$22,876.78
$10,970.94
$70.00
$13,500.00
$27,000.00
EXPENSES
MANAGEMENT FEE
ADVERTISING
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
FIRE EXPENSE
TRASH CLEANUP
TOTAL EXPENSES
ENDING ACCOUNT BALANCE
RESERVE FUNDS AS OF 06-11-09
$102,240.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$1,440.00
$300.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$75,170.00
TOWNHOMES OF CANYON CREEK 2011 BUDGET
PROPOSED
2011 BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
$102,240.00
$102,240.00
EXPENSES
MANAGEMENT FEE
Advertising
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
FIRE EXPENSE
TOTAL EXPENSES
$12,780.00
$300.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$300.00
$300.00
$24,500.00
$1,000.00
$150.00
$2,400.00
$5,000.00
$600.00
$1,200.00
$$75,130.00
NET OPERATING INCOME
$27,110.00
RESERVES
$27,000.00
ENDING ACCOUNT BALANCE
$110.00
3 YEAR BUDGET PLAN
2009 BUDGET 2009 ACTUAL
2010
BUDGET
BEGINNING BALANCE
INCOME
DUES
GATE KEY SALES
LATE FEE
INTEREST
RESALE CERTIFICATE
INSURANCE INCOME
FINES
TOTAL
EXPENSES
MANAGEMENT FEE
ADVERTISING
OFFICE SUPPLIES
POSTAGE
TELEPHONE
MAINTENANCE/REPAIRS
GROUNDS MAINTENANCE
SECURITY/CAMERA COSTS
ELECTRICITY
WATER & GARBAGE
LEGAL & ACCOUNTING/BANK CHARGE
BANK CHARGES
INSURANCE
GATE EXPENSES
GATE CARDS
PEST CONTROL
POOL SERVICE
FURNITURE/EQUIPMENT
TRASH CLEANUP
FIRE EXPENSE
TOTAL EXPENSES
NET OPERATING INCOME
RESERVE FUNDS
2011
BUDGET
$-
$102,240.00
$102,971.85
$480.00
$480.00
$6.22
$500.00
$30,673.15
$200.00
$135,311.22
$102,240.00
$12,780.00
$74,291.00
$11,076.00
$1,050.95
$600.00
$600.00
$790.81
$2,334.04
$9,721.10
$1,495.38
$3,122.61
$5,199.08
$175.00
$335.50
$24,053.32
$78.67
$375.00
$2,371.00
$5,988.44
$1,630.00
$1,100.00
$36,094.59
$108,191.49
$27,949.00
$27,119.73
$102,240.00
$11,076.00
$600.00
$600.00
$900.00
$4,000.00
$12,000.00
$2,000.00
$4,000.00
$4,500.00
$440.00
$125.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$52,932.00
$40.00
$504.00
$1.31
$250.00
$8,211.41
$$61,938.72
$102,240.00
$75,170.00
$5,538.00
$$300.00
$300.00
$480.82
$5,055.14
$6,762.76
$602.88
$1,075.71
$259.22
$$107.00
$13,483.61
$325.00
$$757.76
$2,561.18
$$600.00
$10,110.81
$48,319.89
$12,780.00
$300.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$300.00
$300.00
$24,500.00
$1,000.00
$150.00
$2,400.00
$5,000.00
$600.00
$1,200.00
$$75,130.00
$27,070.00
$13,618.83
$27,110.00
$27,000.00
$27,000.00
$27,000.00
$27,119.73
$70.00
$(13,381.17)
$110.00
$27,000.00
$54,000.00
RESERVES
ENDING ACCOUNT BALANCE
AS OF
6-11-2010
$27,949.00
$102,240.00
$600.00
$600.00
$900.00
$4,000.00
$11,000.00
$1,000.00
$4,000.00
$4,500.00
$1,440.00
$300.00
$23,700.00
$2,000.00
$250.00
$2,400.00
$3,500.00
$600.00
$1,600.00
$102,240.00
$81,000.00
