PROPOSED 2000 BUDGET (revised 3-1-00) Income               Number of Homes Yearly Assessment Calc Figures   Homeowner's Assessments: 882 $205.00  $         180,810.00 Delinquency (-4%)     -4%  $           (7,232.40) Total Income        $      173,577.60 Operating Expenses             Administration     Office Expenses*  $          10,000.00   Postage & Delivery, Web Site     Printing & Reproduction     Room Rental, Supplies, etc.     Management Fees  $          18,000.00   Bank Service Charge  $               275.00   Bad Debt Fee  $               250.00   Insurance        $            7,000.00 Total Administration  $          35,525.00     Utilities     Electricity  $          15,182.00   Water        $            1,500.00 Total Utilities  $          16,682.00     Maintenance & Reserves     Landscape Maintenance  $         100,000.00   Capital Reserves     Paving - resurface  $               514.80   Fencing - repaint/replace  $               537.80   Signage/Monuments-replace  $               550.00   Sport Court-resurface/repair  $            2,624.00   Tennis Court-resurface  $            1,200.00   Soccer Field-repair  $            1,150.00   Benches/Picnic Tables-replace  $               130.00   Play Equipment-repair/replace  $               600.00   Irrigation-repair/replace  $            1,600.00   Lighting-repair/replace  $            1,000.00   Landscaping-replace      $            4,260.30   Total Capital Reserves  $          14,166.90   Capital Expenses     Brochure Boxes 100 $12.00  $            1,200.00   Rules' Signs 14 $250.00  $            3,500.00   A' Boards 12 $90.00  $            1,080.00   T-shirts 10 $10.00  $               100.00   Contingency        $            1,120.00   Total Capital Expenses      $            7,000.00 Total Maintenance & Reserves      $         121,166.90 Total Operating Expenses      $      173,373.90 Net Income  $             203.70