2014 Budget & Proposed 2015 Budget

VICTORIA PLACE HOA
					2014 BUDGET		2014 Actual			PROPOSED
							thru 9-30-14			2015 BUDGET
INCOME
Dues ($50.00 per quarter)					20,600.00		14,681.72			20,600.00
Late Fee							300.00
NSF fees
Fines							100.00
water utility income
Total Income:					20,600.00		15,081.72			20,600.00
EXPENSE:
Management fee					7,200.00		5,400.00			7,200.00
Postage and Delivery					700.00		240.43			700.00
Maintenance and Repair					285.00		520.87			750.00
Grounds Maintenance					8,500.00		5,520.00			8,500.00
Electricity					650.00		465.62			700.00
Bank charges (incl. ck printing)					60.00		88.57			60.00
Legal and Accounting					505.00		693.75			750.00
Insurance					1,200.00		1,191.00			1,200.00
Blog Maintenance					600.00		400.00			600.00
Contingency					800.00					140.00
Meeting Expense					100.00					0.00
Total Expenses					20,600.00		14,520.24			20,600.00
Ckg acct balance as of 9-30-2014						6,116.09
Res acct balance as of 9-30-2014						10,008.85