Canopy Creek HOA 2016

CANOPY CREEK COMMUNITY ASSOCIATION, INC.

January 1, 2016 - December 31, 2016 Based on 294 Lots 2016 Approved Estimated Operating Budget

QUARTERLY ANNUALLY

INCOME Operating Costs Income

210,000

840,000

Reserve Income

6,125

24,500

TOTAL INCOME

216,125

864,500

OPERATING COSTS PAYABLE BY ALL HOMES Access Control - Gate House

36,250

145,000

Access Control- Rover 8 p.m. to 2 a.m.

9,250

37,000

Access Control- Golf Cart

600

2,400 7,500

Annual Review, Tax Preperation, Corp. Report

1,875

Bulk Cable Service Common Area Fertilization

20,249

80,996 10,000 115,000 30,000 20,000 10,000 10,000

2,500

Common Area Landscape Maintenance

28,750

Electricity

7,500 5,000 2,500 2,500

Flowers

Gatehouse Software Gatehouse Telephone Gated Entry Maintenance

750 375 125

3,000 1,500

Insurance (Directors & Officers)

Insurance (Fidelity Bond)

500

Insurance (General Liability and Property)

3,750 3,000 3,000 5,000 5,000 2,500 2,000 1,625 1,250 1,500 2,000 3,500 2,646 1,250 7,500 1,000 13,005 2,000 12,750 17,500 210,000

15,000 12,000 12,000 20,000 20,000 10,000

Landscape Replacement Irrigation Maintenance Janitorial Services Lake Maintenance

Lawn Spray / Exterior Pest Control Lighting Maintenance

8,000

Management Fees Miscellaneous Expense

52,020

8,000

Mulching of Common Areas Equestrian Trail Maintenance

51,000

6,500 5,000 6,000 8,000

Office Supplies, Printing, and Postage

Professional Fees Pressure Cleaning Repairs - Materials / Supplies

14,000 10,584

Seasonal Lighting

Street Sign Maintenance Tree Trimming Preserve Maintenance Water / Sewer

5,000

30,000

4,000

70,000

TOTAL OPERATING COSTS PAYABLE BY ALL HOMES Total Operating Costs Payable by each home

840,000

714

2,857

Page 1 of 2

Made with