|
|
|
|
INCOME |
|
|
Condominium Fees |
733,458 |
|
Rent-Unit 212 |
10,440 |
|
Parking Rentals |
8,460 |
|
Interest Income |
3,000 |
|
Laundry Income |
18,200 |
|
Late Fees |
2,000 |
|
Move In Fees |
3,300 |
|
Within Unit Service |
5,000 |
|
Miscellaneous |
1,000 |
|
Total Other Income |
51,400 |
|
Interest Retained in Reserves |
33,000 |
|
Gross Income |
817,858 |
|
|
|
|
Transfers To Reserves |
-155,772 |
|
Transfers From Reserves |
65,100 |
|
|
|
|
TOTAL INCOME |
727,186 |
|
(gross income minus transfer to |
|
|
reserves plus transfer from reserves) |
|
|
|
|
|
EXPENSES |
|
|
Utilities |
|
|
Electricity |
105,000 |
|
Water/Sewer |
45,760 |
|
Gas-Domestic |
6,750 |
|
Gas-Heating |
66,000 |
|
Telephone |
3,700 |
|
Total Utilities |
227,210 |
|
|
|
|
Maintenance Supplies |
|
|
Janitorial |
2,600 |
|
Maintenance |
2,600 |
|
Within Unit Service |
2,500 |
|
Lighting |
1,000 |
|
HVAC |
1,000 |
|
Snow Removal |
750 |
|
Pool Supplies |
350 |
|
Grounds Supplies |
3,750 |
|
Sub Total, Maintenance Supplies |
14,550 |
|
Repairs |
|
|
Roof |
750 |
|
Plumbing |
1,000 |
|
Electrical |
1,500 |
|
HVAC |
3,400 |
|
Building |
2,500 |
|
Locks/Keys |
2,000 |
|
Garage Door |
1,750 |
|
Elevators |
1,250 |
|
Office Equipment & Miscellaneous |
500 |
|
Sub Total, Repairs |
14,650 |
|
Total Maintenance |
29,200 |
|
|
|
|
Personnel |
|
|
Office Payroll |
142,000 |
|
Maintenance/Porters Pay |
83,000 |
|
Payroll Taxes |
21,375 |
|
Employee Education |
1,500 |
|
Health Insurance |
17,920 |
|
Workers Compensation |
4,250 |
|
Uniforms |
2,800 |
|
Total Personnel |
272,845 |
|
|
|
|
Contract Maintenance Services |
|
|
Trash Removal |
7,600 |
|
Pagers |
750 |
|
Elevators |
10,702 |
|
HVAC |
7,176 |
|
Water Treatment |
1,396 |
|
Exterminator |
1,150 |
|
Pool Management |
4,000 |
|
Laundry Machines |
2,964 |
|
Total Contract Maintenance Svc |
35,738 |
|
|
|
|
Contract Professional Services |
|
|
Financial Management |
13,156 |
|
Legal |
12,500 |
|
Audit |
3,500 |
|
Building Engineer |
13,920 |
|
Engineer/Architect |
2,000 |
|
Total Contract Professional Svc |
45,076 |
|
|
|
|
Administrative Expenses |
|
|
Postage |
2,750 |
|
Printing/Copying |
1,000 |
|
Office Supplies |
1,000 |
|
Office Equipment |
700 |
|
Computer Software/Supply |
600 |
|
Condo Fee For Unit 212 |
4,800 |
|
Marketing Programs |
1,000 |
|
Miscellaneous |
3,000 |
|
Total Admin. Expense |
14,850 |
|
|
|
|
Insurance, License, Tax |
|
|
Property/Pool Insurance |
22,717 |
|
Taxes |
7,000 |
|
Property Tax-Unit 212 |
1,050 |
|
Permits/Licenses |
1,200 |
|
Losses/Deductibles |
1,000 |
|
Mortgage Payment-Unit 212 |
4,200 |
|
Total Insurance/License/Tax |
37,167 |
|
|
|
|
TOTAL OPERATING EXPENSES |
662,086 |
|
|
|
|
CAPITAL EXPENSES |
|
|
City Water Booster Pump |
10,000 |
|
Cooling Tower Variable Speed Dr |
7,500 |
|
Electrical Preventative Maint. |
3,100 |
|
Reverse Hot/Chill Water Piping |
9,500 |
|
Association Phone System |
5,000 |
|
Stairwell Refurbishing/Painting |
5,000 |
|
Additional Capital Expenditures |
25,000 |
|
TOTAL CAPITAL EXPENSES |
65,100 |
|
|
|
|
TOTAL EXPENSES |
727,186 |
|
|
|
|
NET SURPLUS/LOSS |
0 |
