ROCK CREEK MASTER HOMEOWNERS ASSOCIATION 2012 APPROVED BUDGET 2012ANNUAL OPERATING INCOME
BUDGET
Assessment Income
$584,634.00
Sponsorship Income
$4,250.00
Ser\Ace Charge income
$0.00
Reimbursable Legal Fees Income
$9,600.00
Violation/Fine Income
$9,000.00
Collection Fees
$5,500.00
Late Fees
$5,100.00 $2,000.00 $1,000_.0_:_ 0 _ _ __
Newsletter Ad Income ,_QQeratin Accounts lnt~rest Homeowner Interest Income
$1,600.00
Returned Check/Extra Fees
$200.00
Miscellaneous Income
Total Operating Income
$0.00 $622,884.00
ADMINISTRATIVE EXPENSE Management Fees Management Fees-Variable Management Fees-Collection Fe Newsletter E-Distribution
$1 05,600.00 $0.00 $2,750.00 $552.00
Postage And Mail-General
$3,300.00 $4,000.00
Accounting & Audit Fees
$2,520.00
Printing and Copies-General
Annual Meeting Expenses
$600.00
Donations Administrati-.e Expenses
$250.00 $250.00
Website
$350.00
Bank Charges-Operating
$1,284.00 $250.00
Telephone
$1 ,000.00
Storage Rental
Bad Debt
Total Operating Expenses
$2,000.00 $124,706.00
TRASH/RECYCLING EXPENSE Trash/Recycling
$382,465. 60
Total Trash/Recycling Expense
$382,465.60
LEGAL FEES EXPENSE Reimbursable Legal Fees Expen1 Legal Fees
Total Legal Fees Expense
$12,000.00 $2,000.00 $14,000.00
INSURANCE Insurance
$9,050.00
Total Insurance
$9,050.00
EVENTS EXPENSE Holiday Lighting Lighting Electricity Total Holiday Lighting
$26,250.00 $775.00
$27,025.00
Organized Events Event Coordinator
$14,000.00
Casino Night
$23,000.00
MoiAe Night 1
$5,300.00
MoiAe Night 2
$5,300.00
MoiAe Night 3
$5,300.00
Spring Fling
$2,500.00
Octoberfest
$8,500.00
Organized Events Total
$63,900.00
APPRECIATION EVENTS Contests
$560.00
Appreciation Dinner
$11100.00
Total Appreciation Events
$1,660.00
TOTAL EXPENSES NET INCOME
$622,806.60 $77.40
RESERVE INCOME Reserve Accounts Interest
$150.00
Total Reserve Income
$150.00