|
Chantilly Highlands Homes Association 2003 Budget
If you are interested in the budget or have more questions, contact the Association Treasurer
|
Percent of 2003 Budget |
2003 Budget |
2002 Budget |
2002 Actual (YTD) |
2002 Actual less Budget |
| REVENUES: |
|
|
General Assessments |
83.85% |
178,876 |
174,336 |
173,954 |
-382 |
|
HOA Collections |
0.66% |
1,400 |
1,500 |
2,614 |
1,114 |
|
Pool Guest Fees |
1.17% |
2,500 |
4,000 |
1,954 |
-2,046 |
|
Outside Pool Memberships |
2.81% |
6,000 |
6,000 |
5,450 |
-550 |
|
Community Facilities |
2.25% |
4,800 |
2,750 |
5,778 |
3,028 |
|
Newsletter & Directory |
3.38% |
7,200 |
8,000 |
9,075 |
1,075 |
|
Community Functions |
0.96% |
2,050 |
1,950 |
3,122 |
1,172 |
|
Resale of HOA Packages |
2.58% |
5,500 |
5,000 |
5,900 |
900 |
|
Interest |
2.34% |
5,000 |
8,000 |
6,814 |
-1,186 |
|
Miscellaneous |
0.00% |
0 |
0 |
1,641 |
1,641 |
|
|
|
|
|
Subtotal |
100.00% |
213,326 |
211,536 |
216,302 |
4,766 |
|
| EXPENDITURES: |
|
|
Architectural Control |
0.26% |
500 |
600 |
94 |
506 |
|
Administration |
10.19% |
19,875 |
18,550 |
20,312 |
-1,762 |
|
Civic Affairs |
0.03% |
50 |
50 |
0 |
50 |
|
Community Facilities |
43.16% |
84,200 |
81,175 |
81,388 |
-213 |
|
Community Functions |
4.61% |
9,000 |
7,325 |
8,094 |
-769 |
|
Insurance |
3.74% |
7,300 |
7,200 |
7,226 |
-26 |
|
Land Management |
29.47% |
57,500 |
53,600 |
43,420 |
10,180 |
|
Neighborhood Watch |
0.01% |
25 |
25 |
0 |
25 |
|
Newsletter |
8.53% |
16,640 |
19,980 |
18,400 |
1,580 |
|
Taxes |
0.00% |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
Subtotal |
100.00% |
195,090 |
188,505 |
178,934 |
9,571 |
|
| NET
OPERATING SURPLUS (LOSS) |
18,236 |
23,031 |
37,368 |
14,337 |
|
| CAPITAL
IMPROVEMENTS: |
|
|
Playground Equip. Repair |
|
0 |
0 |
1,488 |
-1,488 |
|
Community Signs |
|
0 |
0 |
679 |
-679 |
|
Community Ctr. Lighting |
|
0 |
3,000 |
1,185 |
1,815 |
|
Cobra Entrance Signs |
|
0 |
1,200 |
0 |
1,200 |
|
Pool Equipment |
|
0 |
500 |
0 |
500 |
|
Pool Cubbies |
|
0 |
500 |
0 |
500 |
|
Potential Improvements |
|
0 |
10,000 |
0 |
10,000 |
|
Pool Chairs & Tables |
|
3,000 |
5,000 |
2,263 |
2,737 |
|
Pool Slide |
|
15,000 |
15,000 |
0 |
15,000 |
|
Pool Concrete Work |
|
5,000 |
7,000 |
0 |
7,000 |
|
Comm. Ctr. Video System |
|
1,000 |
0 |
0 |
0 |
|
Comm. Ctr. Painting |
|
3,000 |
0 |
0 |
0 |
|
Comm. Ctr. Flooring |
|
5,000 |
0 |
0 |
0 |
|
Computer System for Pool |
|
5,000 |
0 |
0 |
0 |
|
Capital Improvements subtotal |
37,000 |
42,200 |
5,615 |
36,585 |
|
|
|
|
|
| NET
SURPLUS/(DEFICIT) |
|
-18,764 |
-19,169 |
31,753 |
50,922 |
|
|
RESERVE AS OF 12/31/02 |
|
$170,537 |
|
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