2006 Budget

NORTHCREEK HOA - FINANCIAL REVIEW - BUDGET 2006 2004 2005 2005 Budget Difference 2006 Budget INCOME $13,394.99 $17,540.00 $17,040.00 (500.00) $17,040.00 EXPENSES Insurance $972.00 $1,497.00 $1,500.00 3.00 $1,500.00 Landscape $3,644.63 $3,784.24 $4,500.00 715.76 $4,500.00 Hot Tub $1,842.32 $2,907.62 $2,900.00 (7.62) $3,000.00 Bookkeeping $480.00 $480.00 $480.00 0.00 $480.00 Sign $0.00 $2,088.72 $1,730.56 (358.16) $0.00 Office Supplies $337.59 $27.55 $250.00 222.45 $100.00 General Maintenance $105.71 $522.00 $200.00 (322.00) $600.00 Stamps $37.00 $37.00 $111.00 74.00 $40.00 Income Tax $105.00 $87.00 $175.00 88.00 $100.00 Gas/Elec. $1,328.22 $1,566.62 $1,400.00 (166.62) $1,600.00 Water $2,057.14 $2,613.53 $2,100.00 (513.53) $2,700.00 Misc. Exp. $516.36 $219.00 $193.44 (25.56) $320.00 Legal $855.00 (855.00) $2,100.00 Tree Removal $880.00 $1,500.00 620.00 $0.00 TOTAL EXP $11,425.97 $17,565.28 $17,040.00 (525.28) $17,040.00 First National Bank of Colorado checking account balance 9/30/05: $5,536.96 NOTES on Items Above: Insurance and Public Service expenses continue to increase every year. HOA DUES: As of 10/11/05 there is $300.00 in delinquent dues. Thank you to all of the homeowners who paid all of their back dues this past September. Any questions contact Barb Ditmars.