| THE RESERVE AT BATTLE CREEK HOA, INC. |
| 2022-2023 BUDGET |
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Projected
Expenses
Current
Budget Year
($) |
Current
2021-2022
Budget
($) |
2022-2023
Budget
($) |
| Receipts |
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Projected Receipts:
164 Homeowners times $300.00 |
47,232.00 |
47,232.00 |
49,200.00 |
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| Transfer to Savings - $100 monthly |
1,200.00 |
1,200.00 |
- |
| Expenses |
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Administrative fees (Bank charges,
filing fees, notary) |
- |
- |
- |
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Community Activities |
50.00 |
350.00 |
100.00 |
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Insurance Expense |
1,600.00 |
1,600.00 |
1,620.00 |
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Landscaping |
29,500.00 |
27,000.00 |
27,700.00 |
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Includes Landscape design, mowing and maintenance, plants/shrubs, seasonal color, weed control, tree maintenance |
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Miscellaneous |
250.00 |
300.00 |
300.00 |
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Office expense (copies, printing, postage) |
650.00 |
650.00 |
650.00 |
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Professional Fees |
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Management Fees ($750/mo.) |
8,800.00 |
7,800.00 |
9,000.00 |
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Legal Fees |
- |
100.00 |
100.00 |
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Tax Preparation |
150.00 |
190.00 |
180.00 |
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Repairs and Maintenance |
3,320.00 |
2,200.00 |
3,300.00 |
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Includes fencing, irrigation, ponds and fountains, miscellaneous |
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Seasonal Decorations |
1,500.00 |
1,600.00 |
1,600.00 |
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Storage Facility Rental |
324.00 |
350.00 |
350.00 |
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Taxes |
6.00 |
10.00 |
10.00 |
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Utilities |
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Electric |
1,430.00 |
1,352.00 |
1,450.00 |
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Water |
2,663.00 |
2,350.00 |
2,660.00 |
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Website |
30.00 |
30.00 |
30.00 |
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Zoom Account Annual Fee |
150.00 |
150.00 |
150.00 |
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Total Expenses (Including Transfer to Savings) |
51,623.00 |
47,232.00 |
49,200.00 |
| Net Over Budget Projection for Current Year |
(4,391.00) |
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Fence Replacement, as needed (to be funded by savings) |
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Bold figures represent a change from the current budget. |