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

RESERVES PAYABLE ON ALL HOMES Guardhouse / Gated Entries

2,500 1,125 2,500 6,125

10,000

Lighting Sealcoating

4,500

10,000 24,500

Total Reserves Payable by each home TOTAL RESERVES PAYABLE BY ALL HOMES

21

83

DESCRIPTION OF RESERVES

Reserves as of Dec. 31, 2015

Reserves to be Funded

Estimated

Estimated

Reserve Item Reserve Goal

Actual Life

Remain. Life

Gated Entries

70,000 45,000 100,000 215,000

1943.14

68,057 44,124 98,057 210,238

7

0 3

Lighting

875.71

10 10

Sealcoating

1943.16 4762.01

10

TOTAL

TOTAL ASSESSMENTS PAYABLE PER EACH HOME

All Homes Operating Costs, All Units Reserves

714

2,857

21

83

Total Amount Payable per Home

735

2,940

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