Skyland Community Association - Approved 2007 Budget
Item
2006 Actual 2006 Budget 2006 YTD Variance Approved 2007 Budget
Income
Dues
$
84,400.00 $
82,000.00 $ 2,400.00 $
85,400.00
Design Review Fees/Packet Revenue
$
10,297.64 $
10,601.00 $ (303.36) $
7,800.00
Design Review Fees - River N.
$ 306.00 $
1,836.00 $ (1,530.00) $
2,448.00
Performance Deposit Interest
$ 7,802.40 $
2,500.00 $ 5,302.40 $
5,000.00
Cash Interest
$
2,798.91 $
1,250.00 $ 1,548.91 $
2,000.00
Fines
$
8,507.37 $
10,500.00 $ (1,992.63) $
2,500.00
Late Fees -Dues
$ - $ 100.00 $ (100.00) $ 100.00
Total
Income
$
114,112.32 $
108,787.00 $ 5,325.32 $
105,248.00
Operational
Expenses
Management Fees
$
25,000.08 $
25,000.00 $ (0.08) $
25,000.00
Decorations
$ - $ - $ - $ -
Legal
$
2,188.29 $
4,000.00 $ 1,811.71 $
4,000.00
Accounting
$ - $ - $ - $ -
Bank Charges
$ - $ 50.00 $ 50.00 $ 50.00
Board Meetings
$ - $ 350.00 $ 350.00 $ 200.00
Design Review Meetings
$
6,050.00 $
7,500.00 $ 1,450.00 $
8,000.00
Design Review Meetings - River N.
$
2,075.00 $
3,750.00 $ 1,675.00 $
4,000.00
Design Review Guideline
Revisions/Packets
$ 174.26 $
1,000.00 $ 825.74 $
1,000.00
Design Review Expenses
$ 941.55 $
1,000.00 $ 58.45 $
1,250.00
Maintenanance
and Repair
$ - $ 500.00 $ 500.00 $ 500.00
Postage & Office Supply
$
1,873.38 $
2,000.00 $ 126.62 $
2,000.00
Rent
$
1,800.00 $
1,800.00 $ - $
1,800.00
Phone
$ - $ - $ - $ -
Insurance Liability
$ 500.00 $ 550.00 $ 50.00 $ 550.00
Insurance D&O
$
2,139.00 $
2,398.00 $ 259.00 $
2,400.00
Newsletter
$ 755.96 $ 800.00 $ 44.04 $ 850.00
Shelter Corporation
$ 860.00 $ 860.00 $ - $ 860.00
Income Tax - Prepare Returns
$
2,126.26 $ 150.00 $ (1,976.26) $
2,000.00
Assessment Refunds
$ - $ - $ - $ -
Picnic
$ 1,777.80 $
2,500.00 $ 722.20 $
2,500.00
Dues and Licenses
$ 50.00 $ 50.00 $ - $ 100.00
Other Expense
$ 750.00 $ - $ (750.00) $ 750.00
Bike Path Expense
$ 35.00 $
10,000.00 $ 9,965.00 $ -
Total
Expenses
$
49,096.58 $
64,258.00 $
15,161.42 $ 57,810.00
INCOME
IN EXCESS OF EXPENSE
$
65,015.74 $
44,529.00 $
(9,836.10) $
47,438.00
