Finances
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Dues to increase to $120.00 per year
After much discussion and a careful examination of past and anticipated expenditures, the board has determined that dues will be increased to
$120 for 2009.
Part of that realization is due to regular increase in operating expenses and partially due to the difficulty in collections.
The Homeowner Association's budget is a zero based budget. That means that we try to create our budget so that income equals expenses with
some set aside for contingencies and long term projects. Most of our expenses are monthly expenditures for normal operations including lawn
upkeep, water, electricity, etc.
We have been able to keep most of these expense to last year's level. A copy of the budget is listed below.
After much discussion and a careful examination of past and anticipated expenditures, the board has determined that dues will be increased to
$120 for 2009.
Part of that realization is due to regular increase in operating expenses and partially due to the difficulty in collections.
The Homeowner Association's budget is a zero based budget. That means that we try to create our budget so that income equals expenses with
some set aside for contingencies and long term projects. Most of our expenses are monthly expenditures for normal operations including lawn
upkeep, water, electricity, etc.
We have been able to keep most of these expense to last year's level. A copy of the budget is listed below.
Income:
$120.00 @ 75 homes = $9,000.00
Carry over 400.00
Total $9,400.00
Expenses:
Profess fees, supplies
postage, etc. $3,800.00
Front entrance maint 4,000.00
Taxes, Utilities, Web 1,200.00
Contingency fund 400.00
Total $9,400.00
$120.00 @ 75 homes = $9,000.00
Carry over 400.00
Total $9,400.00
Expenses:
Profess fees, supplies
postage, etc. $3,800.00
Front entrance maint 4,000.00
Taxes, Utilities, Web 1,200.00
Contingency fund 400.00
Total $9,400.00
January Expenses
Sweetwater Landscaping 280.00
Cobb Co. Water Syst 19.00
Reliable Business So 250.00
Greystone Power 41.76
Yahoo 8.95
Lawn Doctor 72.86
Deposits 3512,00
Sweetwater Landscaping 280.00
Cobb Co. Water Syst 19.00
Reliable Business So 250.00
Greystone Power 41.76
Yahoo 8.95
Lawn Doctor 72.86
Deposits 3512,00