|
|
| A. ORDINARY INCOME AND
WITHDRAWALS FROM RESERVES |
|
| |
|
| Income |
|
| Condominium Fees |
1,093,382 |
|
Percent (%) Increase in
Condominium Fees |
4.62 |
| |
|
| Rental/Other Income |
|
|
Rent-Unit 212 |
20,100 |
|
Parking Rentals |
9,600 |
|
Interest Income |
200 |
|
Interest Income - Reserves |
20,000 |
|
Laundry Income |
30,000 |
|
Late Fees |
1,100 |
|
Move In Fees |
6,000 |
|
Within Unit Service |
5,500 |
|
Soda Machine Income |
800 |
|
Miscellaneous |
1,500 |
| Total Other Income |
94,800 |
| |
|
| Withdrawals from Reserves |
|
|
Withdrawal from Gen.
Rsv. for Subsidy for Restricted HVAC Rsv., 1/1/10 |
21,972 |
|
Withdrawal from General
Reserves for Capital Expenses |
95,000 |
|
Withdrawal from General
Reserves for Other Expenses |
12,500 |
|
Withdrawals from HVAC
Reserves |
0 |
| Total Withdrawals from
Reserves |
129,472 |
| |
|
| TOTAL INCOME AND WITHDRAWALS
FROM RESERVES |
1,317,654 |
| |
|
| SAVINGS (TRANSFERS TO
RESERVES) AND EXPENSES |
|
| |
|
| SAVINGS (Transfers to
Reserves) |
|
|
Transfer to General Reserves (monthly) |
169,000 |
|
Transfer for Subsidy To Restricted HVAC Rsv, 1/1/10 |
21,972 |
|
Transfer to
Restricted HVAC Reserves (monthly) |
102,629 |
|
Transfer to General Reserves |
13,500 |
|
Transfer to Restricted HVAC
Reserves (from interest) |
6,500 |
| Total Savings (Transfers to
Reserves) |
313,601 |
| |
|
| OPERATING EXPENSES |
|
| |
|
| Utilities |
|
| Electricity |
154,000 |
| Water/Sewer |
48,500 |
| Gas-Domestic |
3,900 |
| Gas-Heating |
50,000 |
| Telephone |
5,500 |
| Total Utilities |
261,900 |
| |
|
| Maintenance Supplies |
|
| Janitorial |
2,800 |
| Maintenance |
1,500 |
| Within Unit Service |
2,500 |
| Lighting |
2,000 |
| HVAC |
850 |
| Snow Removal |
400 |
| Pool Supplies |
300 |
| Grounds Supplies |
5,000 |
| Sub Total, Maintenance
Supplies |
15,350 |
| |
|
| Repairs |
|
| Roof |
200 |
| Plumbing |
1,000 |
| Electrical |
1,500 |
| HVAC |
2,500 |
| Building |
2,000 |
| Locks/Keys |
900 |
| Garage Door |
2,000 |
| Elevators |
1,000 |
| Office Equipment &
Miscellaneous |
500 |
| Sub Total, Repairs |
11,600 |
| |
|
| Total Maintenance |
26,950 |
| |
|
| Personnel |
|
| Office Payroll |
190,000 |
| Maintenance/Porters Pay |
126,800 |
| Payroll Taxes |
30,412 |
| Employee Education |
1,000 |
| Health Insurance |
62,587 |
| Workers Compensation |
4,500 |
| Uniforms |
3,100 |
| Total Personnel |
418,399 |
| |
|
| Contract Maintenance Services |
|
| Trash Removal |
15,000 |
| Communications |
3,900 |
| Elevators |
17,900 |
| HVAC |
8,100 |
| Water Treatment |
1,975 |
| Exterminator |
1,610 |
| Pool Management |
3,500 |
| Laundry Machines |
4,989 |
| Total Contract Maintenance
Services |
56,974 |
| |
|
| Contract Professional
Services |
|
| Financial Management/Payroll
Services |
25,685 |
| Legal |
7,000 |
| Audit |
5,350 |
| Building Engineer |
23,913 |
| Total Contract Professional
Services |
61,948 |
| |
|
| Administrative Expenses |
|
| Postage |
2,800 |
| Printing/Copying |
700 |
| Office Supplies |
700 |
| Office Equipment |
400 |
| Computer Software/Supply |
600 |
| Condo Fee For Unit 212 |
7,182 |
| Home Page |
500 |
| Miscellaneous |
2,000 |
| Total Administrative Expenses |
14,882 |
| |
|
| Insurance, License, Tax |
|
| Property/Pool/D&O/Fidelity/Umbrella |
34,000 |
| Taxes |
15,000 |
| Property Tax-Unit 212 |
4,000 |
| Permits/Licenses |
500 |
| Losses/Deductibles |
2,000 |
| Total Insurance/License/Tax |
55,500 |
| |
|
| Total Operating Expenses |
896,553 |
| |
|
| Other Disbursements |
|
| Prior Year Expenses |
2,500 |
| Other (Non Operating)
Expenses |
10,000 |
| Total Other Disbursements |
12,500 |
| |
|
| Capital Expenses |
|
| Scheduled Capital
Expenditures |
45,000 |
| Contingency Capital
Expenditures |
50,000 |
| Total Capital Expenses |
95,000 |
| |
|
| TOTAL EXPENSES AND TRANSFERS
TO RESERVES |
1,317,654 |
| |
|
| SUMMARY |
|
| |
|
| Income and Withdrawals from
Reserves |
|
|
Condominium Fees |
1,093,382 |
|
Other Income |
94,800 |
|
Withdrawals from Reserves |
129,472 |
| Total Income |
1,317,654 |
| |
|
| Expenses |
|
|
Transfers to Reserves |
313,601 |
|
Operating Expenses |
896,553 |
|
Other (Non Operating)
Expenses |
12,500 |
|
Capital Expenses |
95,000 |
| Total Expenses |
1,317,654 |
|
|
|
