|
Back to Archive Index
Fearrington Homeowners Association
Operational Budget
For Year January 1, 2008-December 31,
2008
Committee Proposal at
August 13, 2007
FHA Board Approved on September 17, 2007
For a
printer-ready version (PDF format) of the budget
click here.
Note:
Interest Income and Dividend Income are omitted from the Operational Budget
and are shown directly below the net income(loss) figure.
|
|
Provisional |
Actual |
2008 |
|
|
2008 |
2007 |
Over |
|
|
Budget |
Budget |
(Under) |
|
Income Accounts |
|
|
|
|
Dues Income from Full members |
$ 113,602.00
|
$ 107,040.00
|
$ 6,562.00
|
|
FHA Office Income(old copier a/c) |
$ 6,000.00
|
$ 7,245.00
|
$ (1,245.00) |
|
Dues Income from Associate Members |
$ 15,800.00
|
$ 15,100.00
|
$ 700.00
|
|
Income from sale of Directories |
$ 200.00
|
$ 445.00
|
$ (245.00) |
|
Late Charges and Fees |
$ 318.00
|
$ -
|
$ 318.00
|
|
Gathering Place user Fees |
$ 8,000.00
|
$ 10,300.00
|
$ (2,300.00) |
|
Other Miscellaneous Income |
$ 200.00
|
$ 460.00
|
$ (260.00) |
|
|
|
|
|
|
Total Income from Operations |
$ 144,120.00
|
$ 140,590.00
|
$ 3,530.00
|
|
|
|
|
|
|
Expense Accounts |
|
|
|
|
Grounds and Facilities-LandscapingServices |
$ 30,700.00
|
|
|
|
Grounds and Facilities-Electricity |
$ 1,500.00
|
|
|
|
Grounds and Facilities-Miscellaneous |
$ 2,500.00
|
|
|
|
Grounds and Facilities-Pond Contract |
$ 2,345.00
|
|
|
|
Grounds and Facilities-Repairs |
$ 9,000.00
|
|
|
|
Grounds and Facilities-Adopt a parcels |
$ 500.00
|
|
|
|
|
|
|
|
|
Total For Grounds and Facilities |
$ 46,545.00
|
$ 50,000.00
|
$ (3,455.00) |
|
|
|
|
|
|
FHA Office-Communications |
$ 2,200.00
|
$ 2,100.00
|
|
|
FHA Office-Copier |
$ 12,000.00
|
$ 13,800.00
|
|
|
FHA Office-Computer Systems |
$ 520.00
|
$ 525.00
|
|
|
FHA Office-Supplies |
$ 2,200.00
|
$ 2,100.00
|
|
|
FHA Office-Web-site |
$ 200.00
|
$ -
|
|
|
|
|
|
|
|
Total for FHA Office |
$ 17,120.00
|
$ 18,525.00
|
$ (1,405.00) |
|
|
|
|
|
|
Gathering Place-Electricity |
$ 4,500.00
|
$ 3,600.00
|
|
|
Gathering Place-Cleaning Services |
$ 3,600.00
|
$ 1,600.00
|
|
|
Gathering Place-Gas |
$ 3,600.00
|
$ 3,600.00
|
|
|
Gathering Place-Utility Water |
$ 600.00
|
$ 600.00
|
|
|
Gathering Place-Other |
$ 5,500.00
|
$ 4,900.00
|
|
|
|
|
|
|
|
Total for Gathering Place |
$ 17,800.00
|
$ 12,000.00
|
$ 5,800.00
|
|
|
|
|
|
|
|
|
|
|
|
Health,Safety, and Security -General |
$ 250.00
|
$ -
|
|
|
Health,Safety, and Security -Emergency Prep. |
$ 200.00
|
$ -
|
|
|
Health,Safety, and Security -CERT |
$ 400.00
|
$ -
|
|
|
Health,Safety and Security-Comm Watch |
$ 250.00
|
$ -
|
|
|
Health,Safety and Security-Road Safety |
$ 200.00
|
$ -
|
|
|
|
|
|
|
|
Total for Health,Safety and Security |
$ 1,300.00
|
$ -
|
$ 1,300.00
|
|
|
|
|
|
|
Management |
$ 31,200.00
|
$ 30,000.00
|
|
|
CAS Supplies |
$ 1,000.00
|
$ -
|
|
|
Insurance |
$ 9,000.00
|
$ 8,820.00
|
|
|
Newsletter |
$ 750.00
|
$ 840.00
|
|
|
Legal Services |
$ 5,000.00
|
$ 5,000.00
|
|
|
Taxes |
$ 3,100.00
|
$ 2,400.00
|
|
|
Miscellaneous |
$ 600.00
|
$ 400.00
|
|
|
CPA Audit Services |
$ 2,000.00
|
$ 1,800.00
|
|
|
Directories |
$ 6,300.00
|
$ 8,000.00
|
|
|
|
|
|
|
|
Total for Administrative |
$ 58,950.00
|
$ 57,260.00
|
$ 1,690.00
|
|
|
|
|
|
|
Community Affairs |
$ 500.00
|
$ 500.00
|
|
|
|
|
|
|
|
Total for Programs |
$ 500.00
|
$ 1,715.00
|
$ (1,215.00) |
|
|
|
|
|
|
|
|
|
|
|
Total of all expense accounts |
$ 142,215.00
|
$ 139,500.00
|
$ 2,715.00
|
|
|
|
|
|
|
Net Income or (Loss) |
$ 1,905.00
|
$ 1,090.00
|
$ 815.00
|
|
|
|
|
|
|
Investment Income |
$ 8,000.00
|
$ 8,300.00
|
$ (300.00) |
|
|
|
` |
|
|
Total Income or (Loss) |
$ 9,905.00
|
$ 9,390.00
|
$ 515.00
|
For a
printer-ready version of the budget
click here.
NOTE: This document is in PDF format for printing. For people with PCs, PDF Format requires Adobe Acrobat Reader
which can be downloaded for free from the
Adobe web site.
For those of you who are using Macintosh computers with
an OS X operating system, the document should open automatically using the
operating system's built-in Preview software.
Back to Archive Index
|
