Chesterfield Village Homeowners Association

Proposed 2014 Budget

2013

2014

(Dec '12-Nov '13)

(Dec '13-Nov '14)

% Change

CAM Dues

$71,634.00

$71,634.00

Trash Service income from dues

$21,945.00

$21,945.00

0%

$25.00

$0.00

-100%

$1,060.00

$1,060.00

0%

$0.00

$20,000.00

Savings for Pool Loan

$19,850.00

$8,269.65

-58%

Other Revenue
Clubhouse Rental
Total Income

$300.00
$200.00
$115,014.00

$300.00
$200.00
$123,408.65

0%
0%
7%

Operational
City Utilities
Trash Service
AT&T
ATLAS Monitoring Service
Pool Service*
Pool Opening/Closing
Clubhouse Maid Service**
Lawn Maintenance
Lawn Fertilization
Pool Monitor
Pool deck loan***
Tree and Shrub Maintenance
Total Operational Expenses

$15,250.00
$24,000.00
$1,140.00
$0.00
$13,667.00
incl
$500.00
$13,031.00
$2,150.00
$796.00
$19,850.00
$575.00
$90,959.00

$16,000.00
$24,000.00
$1,140.00
$360.00
$14,350.00
incl
$100.00
$13,682.00
$2,200.00
$0.00
$8,269.65
$1,600.00
$81,701.65

5%
0%
0%

-80%
5%
2%
-100%
-58%
178%
-10%

Administrative
Insurance
Newsletters
Statements
Stationary/Postage
Tax Prep & Audit
Legal
Bank Box
Social
Ads for yard sale
Mailbox
Website fee
Total Administrative Expenses

$4,515.00
$1,735.00
$75.00
$182.00
$550.00
$329.00
$25.00
$344.00
$120.00
$120.00
$18.00
$8,013.00

$4,515.00
$1,735.00
$75.00
$182.00
$550.00
$329.00
$25.00
$250.00
$120.00
$120.00
$18.00
$7,919.00

0%
0%
0%
0%
0%
0%
0%
-27%
0%
0%
0%
-1%

Income

Pool Key Replacement

Late Fees
Special Assessment

0%

Expenses

5%

Chesterfield Village Homeowners Association

Proposed 2014 Budget
Other Expenses
Tennis Court Repair
Atlas for Pool Keycards
Bank Service Fee
Fence Repair
Stucco Repair
Delong Plumbing
Drain Pro Plumbing
Electric Rework of pool/clubhouse****
New umbrellas and tables for pool
Repair work for pool deck surface
Ebay purchase of non-solicitation signs
New Fence for the pool
Fund Reserves
Total Other Expenses

Total Expenses

Profit/Loss
Proposed Dues Increase:

2013

2014

% Change

$670.00
$309.00
$25.68
$85.00
$300.00
$1,000.00
$3,829.99
$1,260.00
$0.00
$0.00
$129.90
$0.00
$0.00
$7,609.57

$0.00
$0.00
$25.00
$0.00
$0.00
$0.00
$0.00
$3,000.00
$2,000.00
$5,300.00
$0.00
$20,000.00
$0.00
$30,325.00

-100%
-100%
-3%
-100%
-100%
-100%
-100%
138%

$106,581.57

$119,945.65

13%

$8,432.43

$3,463.00

-59%

299%

$44.00

Resulting Annual Increase to Chesterfield Village Revenue:

Resulting Annual Assessment:

-100%

$44.00 x approximately 207 homes:

$102,687.00

Total Projected Profit/Loss to Chesterfield Village:

$12,571.00

*Range based off of two years with different companies

**Switch to Twice a year
***We signed on for a two year loan for the pool deck, so I estimate five payments in this next fiscal year.
****To prepare for the inevitable rewiring of the clubhouse/pool stuff

$9,108.00