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Financial Information > 2019 Budget


1 Jan 2019

  Franklin Farms HOA Budget        
              2019
Ordinary Income/Expense          
    Income          
      2019 Annual Assessment     34,600.00
    Total Income       34,600.00
  Gross Profit         34,600.00
    Expense          
      Administrative       1,000.00
      Bank Service Charges     0.00
      Chemicals       0.00
      Fees, License and Taxes     100.00
      Ground Maintenance     10,000.00
      Insurance       3,500.00
      Legal Fees        
        Property expenses   2,500.00
        Retainer and consulting 450.00
      Total Legal Fees       2,950.00
      Merchant deposit fees     400.00
      Postage and Meter Rental     400.00
      Repairs & Maintenance     500.00
      Sprinkler Maintenance & Repair   500.00
      Storage Unit       1,700.00
      Utilities       300.00
      Violation Management     4,000.00
    Total Expense       25,350.00
Net Ordinary Income           9,250.00
Other Income/Expense          
  Other Income          
    Estoppel         0.00
    Interest Income       10.00
    Other Miscellaneous Income       0.00
  Total Other Income         10.00
  Other Expense          
    Wall & swale reserve expense        
      Reserve addition       7,760.00
      Landscaping       500.00
      Pressure cleaning       1,000.00
    Total Wall & swale reserve expense     9,260.00
  Total Other Expense         9,260.00
Net Other Income           -9,250.00
              0.00
               

Revised 9/17/2019 DG