|
|
2008 Budget & Meeting
|
Income: |
|
|
Bonus Week Income |
$ 8554.00 |
|
Gift Shop Non-Taxable |
4200.00 |
|
Gift Shop Taxable |
7800.00 |
|
HR Rental |
15000.00 |
|
HR Rental Commission |
25000.00 |
|
HR Resale Commission |
11500.00 |
|
Interest |
150.00 |
|
Internet |
4350.00 |
|
Late Fees |
16000.00 |
|
Legal Fees |
12500.00 |
|
Maintenance Fees (2040 weeks @ $397) |
809880.00 |
|
Miscellaneous Income |
250.00 |
|
Owner Charges |
3400.00 |
|
Phone Revenue |
350.00 |
|
Postage Revenue |
290.00 |
|
Property Tax Revenue |
68532.98 |
|
Rental Income—Long Term |
6200.00 |
|
Vending Machine Revenue |
1100.00 |
|
Total Income |
$995056.98 |
|
Expenses |
|
|
Advertising |
$ 400.00 |
|
Automobile—Fuel, Reg, Repairs |
6175.00 |
|
Bad Debt Expense |
10000.00 |
|
Bank Charges |
10460.00 |
|
Computer |
3300.00 |
|
Contracts |
12404.95 |
|
Contributions |
100.00 |
|
Dues, Fees, Licenses, Permits |
650.00 |
|
Employee Expenses |
2000.00 |
|
Gift Shop |
9000.00 |
|
Insurances |
67077.96 |
|
Miscellaneous |
150.00 |
|
Owner Expenses |
9095.00 |
|
Payroll Expenses |
390150.96 |
|
Professional Fees |
4800.00 |
|
Property Tax Expense |
68532.98 |
|
Property Tax Interest Expense |
2500.00 |
|
Registry Expense |
2020.00 |
|
Reserves1 |
56691.60 |
|
Repairs and Supplies |
74200.04 |
|
Seminars and Training |
1650.00 |
|
Supplies |
115767.06 |
|
Utilities |
147931.44 |
|
Total Expenses |
$995056.99 |
|
Income: |
|
|
Bonus Week Income |
$ 8554.00 |
|
Gift Shop Non-Taxable |
4200.00 |
|
Gift Shop Taxable |
7800.00 |
|
HR
Rental |
15000.00 |
|
HR
Rental Commission |
25000.00 |
|
HR
Resale Commission |
11500.00 |
|
Interest |
150.00 |
|
Internet |
4350.00 |
|
Late Fees |
16000.00 |
|
Legal Fees |
12500.00 |
|
Maintenance Fees (2040 weeks @ $397) |
809880.00 |
|
Miscellaneous Income |
250.00 |
|
Owner Charges |
3400.00 |
|
Phone Revenue |
350.00 |
|
Postage Revenue |
290.00 |
|
Property Tax Revenue |
68532.98 |
|
Rental Income—Long Term |
6200.00 |
|
Vending Machine Revenue |
1100.00 |
|
Total Income |
$995056.98 |
|
Expenses |
|
|
Advertising |
$ 400.00 |
|
Automobile—Fuel, Reg, Repairs |
6175.00 |
|
Bad Debt Expense |
10000.00 |
|
Bank Charges |
10460.00 |
|
Computer |
3300.00 |
|
Contracts |
12404.95 |
|
Contributions |
100.00 |
|
Dues, Fees, Licenses, Permits |
650.00 |
|
Employee Expenses |
2000.00 |
|
Gift Shop |
9000.00 |
|
Insurances |
67077.96 |
|
Miscellaneous |
150.00 |
|
Owner Expenses |
9095.00 |
|
Payroll Expenses |
390150.96 |
|
Professional Fees |
4800.00 |
|
Property Tax Expense |
68532.98 |
|
Property Tax Interest Expense |
2500.00 |
|
Registry Expense |
2020.00 |
|
Reserves1 |
56691.60 |
|
Repairs and Supplies |
74200.04 |
|
Seminars and Training |
1650.00 |
|
Supplies |
115767.06 |
|
Utilities |
147931.44 |
|
Total Expenses |
$995056.99 |
|
Harbor Ridge
Condominium Association |
|
2008 Budget |
|
|
|
|
Income: |
|
|
Bonus Week
Income |
$
8,554.00 |
|
Gift Shop
Non-Taxable |
4,200.00 |
|
Gift Shop
Taxable |
7,800.00 |
|
HR Rental |
15,000.00 |
|
HR Rental
Commission |
25,000.00 |
|
HR Resale
Commission |
11,500.00 |
|
Interest |
150.00 |
|
Internet |
4,350.00 |
|
Late Fees |
16,000.00 |
|
Legal Fees |
12,500.00 |
|
Maintenance Fees
(2040 weeks at $397) |
809,880.00 |
|
Miscellaneous
Income |
250.00 |
|
Owner Charges |
3,400.00 |
|
Phone Revenue |
350.00 |
|
Postage Revenue |
290.00 |
|
Property Tax
Revenue |
68,532.98 |
|
Rental
Income--Long Term |
6,200.00 |
|
Vending Machine
Revenue |
1,100.00
|
|
Total Income |
$995,056.98 |
| |
|
|
Expenses: |
|
| Advertising |
$ 400.00 |
| Automobile--Fuel, Reg, Repairs |
6,175.00 |
| Bad Debt Expense |
10,000.00 |
|
Bank Charges |
10,460.00 |
|
Computer |
3,300.00 |
|
Contracts |
12,404.95 |
|
Contributions |
100.00 |
|
Dues, Fees,
Licenses, Permits |
650.00 |
|
Employee
Expenses |
2,000.00 |
|
Gift Shop |
9,000.00 |
|
Insurances |
67,077.96 |
|
Miscellaneous |
150.00 |
|
Owner Expenses |
9,095.00 |
|
Payroll Expenses |
390,150.96 |
|
Professional
Fees |
4,800.00 |
|
Property Tax
Expense |
68,532.98 |
|
Property Tax
Interest Expense |
2,500 | |
