870 Inman



2010 Operating Budget

Posted by Hunter Ford on December 11, 2009

Expenses Annually Monthly
General & Administrative $71,628 $5,969
Homeowner Service $1,800 $150
Master Association Fee $36,702 $3,059
IP Master Association Fee $24,136 $2,011
Administrative Expenses $1,800 $150
Telephone/Pagers $6,840 $570
Accounting Costs $350 $29
Maintenance $71,667 $5,972
Landscape/Plants $8,380 $698
Maintenance Supplies $7,200 $600
Plumbing Maintenance & Supplies $900 $75
HVAC Maintenance $1,800 $150
Pool Supplies $3,900 $325
Gate Access System $1,200 $100
Contract Cleaning Services $21,300 $1,775
Pest Control $1,680 $140
Electrical Repairs $1,200 $100
Contract Services $15,580 $1,298
Roof/Gutter Maintenance & Repair $0 $0
Elevator Service & Repairs $5,472 $456
Fire/Life/Safety Inspection $2,215 $185
Parking Facility Maintenance $840 $70
Payroll $32,700 $2,725
Management & Bookkeeping $32,700 $2,725
Concierge/Value $0 $0
Maintenance $0 $0
Housekeeping/Porter $0 $0
Employee Bonus $0 $0
Payroll Taxes/Benefits $0 $0
Management Fee $23,328 $1,944
Management Fee $23,328 $1,944
Utilities $90,932 $7,578
Electricity $46,152 $3,846
Natural Gas $900 $75
Water & Sewer $31,200 $2,600
Trash Removal $11,900 $992
Cable/Internet $780 $65
Other $42,745 $3,562
Capital Contribution $0 $0
Insurance $0 $0
Contingency $0 $0
Reserves $42,745 $3,562
Total Expenses $333,000 $27,750.00
Revenues Annually Monthly
Income $333,000 $27,750
Regular Assessments $302,640 $25,220
Other Income $30,360 $2,530
Total Revenues $333,000 $27,750
Budget Deficit/Surplus Annually Monthly
Revenues $333,000 $27,750
Total Revenues $333,000 $27,750
Expenses $333,000 $27,750
Total Expenses $333,000 $27,750
Total Budget Deficit/Surplus $0 $0