| Hunt Club Woods Homeowners Association | ||||||
| 2010 Budget | ||||||
| PO Box 813 | ||||||
| Lockport, IL 60441 | ||||||
| Bank Accounts | ||||||
| General Operating as of 11/30/09 | 6,095.86 | |||||
| Escrow (Bonds) as of 11/30/09 | - | |||||
| Contingent Reserve | 10,000.00 | |||||
| Income | ||||||
| Association Dues - $500 per lot x 103 lots | 51,500.00 | |||||
| Late Fees | $4,500.00 | |||||
| Weed Clearing ($ In) | 6,935.00 | |||||
| Total Income | $62,935.00 | |||||
| Expenses | ||||||
| Professional Fees | ||||||
| Legal (General Consulting) | 2,000.00 | |||||
| Litigation - Keough & Moody | 5,000.00 | |||||
| Lein Filing Fees | 300.00 | |||||
| 7,300.00 | ||||||
| Tax Preparation | ||||||
| Accounting/Bookkeeping | 1,000.00 | |||||
| Incorporation Filing | 50.00 | |||||
| 1,050.00 | ||||||
| General/Operating Fees | ||||||
| Postage/Office Supplies | 625.00 | |||||
| Web Site | 875.00 | |||||
| Block Party | 1,500.00 | |||||
| Liability Insurance | 1,950.00 | |||||
| Contingency Fund | 5,000.00 | |||||
| Landscape Bond ($ Out) | 800.00 | |||||
| 10,750.00 | ||||||
| Ground Keeping | ||||||
| Common Areas (Maintenance) | 8,800.00 | |||||
| Wetland Areas | 3,350.00 | |||||
| Weed Clearing (Outlots/Common Areas) | 6,935.00 | |||||
| 19,085.00 | ||||||
| Aquatic Maintenance | ||||||
| Pond Maintenance | 5,500.00 | |||||
| Aeration Systems | - | |||||
| 5,500.00 | ||||||
| Landscaping | ||||||
| Neighborhood Master Plan | 20,000.00 | |||||
| Replacement Trees/Shrubs | 3,000.00 | |||||
| 23,000.00 | ||||||
| Total Expenses | 66,685.00 | |||||
| Net Ordinary Income | $12,345.86 | |||||
| Net Income | $12,345.86 | |||||
| Budget Approved on 12/07/10 | ||||||