2014 Budget-in-Brief

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Country Club (ACCCA)

2014 Budget The 2014 annual budget for the Anthem Country Club Community Association (ACCCA) was approved at the October 24 Board of Director’s meeting. The budget includes no change in the quarterly assessments paid by homeowners to the ACCCA. The budget is summarized below. Country Club homeowners will continue to pay $225 per quarter in 2014 for ACCCA assessments. This supports the operation and maintenance of the infrastructure for the Country Club community.

Total Revenue

$2,679,600 % of Total Expense

Operating Expenses Administrative Electricity Water Common Area Maintenance Management Agreement Landscape Agreement Access Control Agreement Other Contracted Services Total Operating Expenses Transfer to Reserve Fund Total Expenses

$ 268,252 271,200 188,052 106,800 322,000 429,732 535,500 78,064 $2,199,600

10 11 7 7 12 16 20 3

$480,000

17

$2,679,600

100

This assessment excludes what is billed each quarter by the Anthem Community Council. Additional details about specific budget items along with a breakdown of what each entity oversees may be found online at www. OnlineAtAnthem.com. Printed copies of the budget may also be obtained at the HOA office at the Anthem Civic Building, 3701 W. Anthem Way.

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2014

Club Corp Property Owners

The governing documents for property owners within the Anthem Country Club Community Association (ACCCA) provide that ACCCA property owners pay assessments to the Anthem Community Council (ACC), the ACCCA, and also to the Anthem Golf and Country Club (Club Corp). Club Corp is an independent third-party organization which has NO legal relationship with the ACC or the ACCCA, but is the owner and operator of the two golf courses and the dining and exercise facilities which are located within the ACCCA. Under ACCCA governing documents, all Country Club property owners are obligated to either be Social Members or Golf Members of Club Corp. Club Corp independently sets its dues, which are invoiced monthly to ACCCA property owners. Country Club property owners’ monthly payments to Club Corp should NOT be sent to the ACC, but rather mailed to the following address: Anthem Golf & Country Club (Club Corp), 2708 W. Anthem Club Drive, Anthem, AZ 85086. For more information: 623-742-6000.


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