POWHATAN COMMUNITY SERVICES ASSOCIATION, INC. 2012 BUDGET
2011 Actual
2011 projected
2011 Budget
2012 Budget
Sep-11 INCOME 2011 SF/TH/Condo Dues Advertising Income Bank Interest Earned Operat. Bank Interest Replace/ Reserve Clubhouse Rental Clusters/Street Light Due Clusters/Street Maint. Disclosure Packet Miscellaneous Income Initial Fee Late Fee Insurance Claim Income Monticello Apts Dues Multi-Use Building Rental SF/TH/Condo Dues (prior to 2011) Steeplechase Apts Dues
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
139,927.03 1,140.00 700.00 3,008.81 2,715.00 308.00 952.00 10.16 4,220.00 343.78 10,680.00 720.00 8,800.00
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
146,500.00 1,400.00 725.00 3,008.81 3,100.00 352.00 1,440.00 10.16 4,800.00 400.00 16,020.00 825.00 13,200.00
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
155,700.00 3,200.00 733.00 2,190.00 4,000.00 352.00 1,440.00 5,000.00 16,020.00 300.00 13,200.00
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
155,700.00 1,500.00 450.00 850.00 4,000.00 352.00 1,440.00 5,000.00 450.00 16,020.00 150.00 13,200.00
TOTAL INCOME
$
173,524.78
$
191,780.97
$
202,135.00
$
199,112.00
POWHATAN COMMUNITY SERVICES ASSOCIATION, INC. 2012 BUDGET
2011 Actual
2011 Projected
2011 Budget
2012 Budget
Sep-11
EXPENSES ADMINISTRATIVE Annual Audit / Review Awards Bank Service Charge Corporate fees Insurance Insurance Claim Expense Pool Insurance Reimbursement Legal Licenses Management Fees Membership Supplies Miscellaneous Contingency Expense NSF Check Fee Office Expense Postage Professional Services (A/E) Reserve Study Taxes Web Site Maintenance TOTAL ADMIN.
$ $ $ $ $
4,800.00 721.00 70.00 226.89 5,653.00
$ $ $ $ $ $ $ $ $ $ $ $ $ $
(1,506.00) 563.46 16,345.44 1,156.33 2,237.74 1,125.00 1,680.00 25.00 3,170.00 36,267.86
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
4,800.00 721.00 85.00 227.00 5,653.00 (3,221.47) 750.00 150.00 22,006.00 290.00 1,650.00 2,600.00 1,125.00 1,680.00 25.00 3,500.00 42,040.53
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
4,000.00 400.00 150.00 250.00 8,000.00 (3,100.00) 2,000.00 200.00 22,006.00 750.00 2,000.00 2,500.00 5,000.00 385.00 500.00 1,200.00 46,241.00
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
5,000.00 400.00 100.00 250.00 7,500.00 (3,300.00) 4,000.00 150.00 22,006.00 50.00 2,000.00 2,500.00 1,500.00 250.00 1,000.00 43,406.00
POWHATAN COMMUNITY SERVICES ASSOCIATION, INC. 2012 BUDGET September 2011 Actual GROUNDS & MAINTENANCE Dam /Drainage / Maintenance Trail Maintenance Expense Common Area Maintenance Landscape Maint. Contract (Lawn Care) Lawn Equip. Maint/Sup/Mulch Sprinkler System Equipt. Repairs TOTAL GROUNDS & MAINT.
$ $ $ $
28,641.95 1,909.85 9,255.63 39,253.84
$ $ $
FACILITY EXPENSES Clubhouse/ Bldg Maintenance Clubhouse Loan / Interest Exp. Clubhouse Loan Principal Clubhouse Supplies Facility Cleaning Furniture & Fixtures Playground Maintenance TOTAL FACILITY EXPENSES COMMITTEE EXPENSES Newsletter Social TOTAL COMMITTEE EXP.
2011 Projected
2011 Budget
189.35 451.64 79,702.26
$ $ $ $ $ $ $ $
58,500.00 2,300.00 12,156.00 43,656.00 5,490.00 350.00 550.00 123,002.00
$ $ $ $ $ $
$ $ $ $ $ $ $ $
2,073.00 1,921.83 30,024.32 622.31 4,275.00 156.26 2,105.00 41,177.72
$ $ $ $ $ $ $ $
2,700.00 1,922.00 30,024.00 900.00 6,500.00 240.00 2,105.00 44,391.00
$
$ $ $
3,445.00 6,672.44 10,117.44
$ $ $
4,593.00 8,250.00 12,843.00
2011 Actual
2012 Budget
26,000.00 2,000.00 7,000.00 39,000.00 7,000.00 800.00 500.00 82,300.00
$ $ $ $
$
$ $ $ $ $
4,500.00 4,068.00 4,250.00 800.00 7,800.00 500.00 1,000.00 22,918.00
$ $ $ $ $
900.00 7,000.00 500.00 2,000.00 14,400.00
$ $ $
7,500.00 8,500.00 16,000.00
$ $ $
6,500.00 8,500.00 15,000.00
$
2011 Projected
$ $ $
$ $ $ $ $ $ $
4,986.94 520.68 791.90 240.32 6,539.84
$ $ $
6,650.00 521.00 (4,519.39)
$ $ $
1,200.00 352.00 4,203.61
$ $ $ $ $ $ $
TOTAL OPERATING EXPENSES
$
173,805.12
$
226,480.14
$
7,000.00 1,200.00 (3,500.00) 150.00 1,400.00 352.00 6,602.00 174,061.00
4,000.00 0 0
2011 Budget
UTILITIES Charter House Utilities Water and Sewer Pool Utility Reimbursement Trash Removal Sign Utilities Cluster Way Lights TOTAL UTILITIES
25,000.00 2,500.00 10,000.00 46,000.00 0 450.00 500.00 84,450.00
2012 Budget
$ $ $ $ $ $ $ $
7,200.00 800.00 (4,200.00) 200.00 1,400.00 352.00 5,752.00 163,008.00
POWHATAN COMMUNITY SERVICES ASSOCIATION, INC. 2012 BUDGET TRANSFER TO RESERVE REPL. RESERVE INTEREST TRANSFER RESERVE STUDY EXPENSE TRANSFER TO CLUSTER WAY RESERVE OPERATING CONTINGENCY FUND DAM RECERTIFICATION
CAPITAL PROJECTS Capital Improvements
$ $ $ $ $
$
1,440.00 -
-
$ $ $ $ $ $
$
7,802.00 2,190.00 400.00 1,440.00 1,500.00
-
$ $ $ $ $ $
7,802.00 2,190.00 400.00 1,440.00 1,742.00 1,500.00
$ $ $ $ $ $
$
5,000.00
$
25,800.00 850.00 400.00 1,440.00 6,114.00 1,500.00
-
CLUBHOUSE LOAN $
8,000.00
$
8,000.00
$
8,000.00
TOTAL EXPENSES
$
183,245.12
$
244,122.14
$
202,135.00
Subtotal Income
$
$
(52,341.17)
$
CAPITAL REPLACEMENT PROJECTS
(To be Determined) Dock Picnic Area
Principal Prepayment
As of September 30, 2011: Trash Program Income Trash Program Expense Trash Program Balance Net Income Approved:
(9,720.34)
$ $ $
1,634.28 1,922.00 (287.72)
$
(10,008.06)
$
-
-
-
Delete
$ $
199,112.00 -
-