Hunt Club Woods Homeowners Association
2009 Budget
PO Box 813
Lockport, IL 60441
Revised

Bank Accounts

General Operating as of 11/30/08
10,634.96


Escrow (Bonds) as of 11/30/08
-


Contingent Reserve
5,000.00

Income
Architectural Review ($ In)

$200.00
Association Dues - $500 per lot x 103 lots

51,500.00
Landscape Bonds ($ In)

-
Late Fees as of 11/1/07

2,640.48

Weed Clearing ($ In)
5,375.00
Total Income
$59,715.48



Expenses
Professional Fees
Legal (General Consulting) - Ronald Caneva 2,000.00
Litigation - Knuckles, Keough & Moody 5,000.00
Lein Filing Fees 300.00
7,300.00
Tax Preparation
Accounting 250.00
Bookkeeping 750.00
Incorporation Filing 50.00

1,050.00
General/Operating Fees

Postage/Office Supplies 1,000.00
Meeting Rental 100.00
Web Site 600.00
Block Party 1,000.00
Architectural Review ($ Out) 200.00
Liability Insurance 1,800.00
Contingency Fund 5,000.00
Landscape Bond ($ Out) -

9,700.00
Ground Keeping
Haas Road Entrances 1,800.00
Common Areas on Crystal Lake & Hunt Club Drives 4,000.00
Wetland/Common Areas (Burn & Cut Cat Tails) 11,000.00
Weed Clearing - Outlots/Common Areas 3,640.00
20,440.00
Aquatic Maintenance
Pond Maintenance 5,500.00
5,500.00
Landscaping

Neighborhood Master Plan 20,000.00
Replacement Trees 3,000.00

23,000.00


Total Expenses
66,990.00

Net Ordinary Income
$8,360.44


Net Income
$8,360.44

Budget Approved on DATE. X-In Favor, X-Opposed.

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