| Description | 2023 | 2024 | Change |
| 1 house lot off pond | 414 | 455 | 41 |
| 1 house lot on pond | 660 | 726 | 66 |
| House on pond + 1 lot | 518 | 570 | 52 |
| House on pond + 2 lots | 998 | 1098 | 100 |
| Owner fees off pond | 7,866 | 8,653 |
| Owner fees on pond | 7,920 | 8,712 |
| Vacant lot off pond | 104 | 114 |
| Vacant lot on pond | 169 | 186 |
| Vacant lot on pond | 169 | 186 |
| Non member payment (2) | 200 | 200 |
| TOTAL INCOME | 16,428 | 18,051 |
| Computer and Internet Expense 1 | 300 | 300 |
| Insurance Expense – liability, prop. | 1,250 | 1,250 |
| Landscaping and Groundskeeping 2 | 750 | 750 |
| Office Supplies; Copying | 150 | 150 |
| Pond Maintenance, e.g., weed control | 2,500 | 2,500 |
| Fountain Expense in/out | 1,000 | 1,000 |
| Contingency | 1,500 | 1,500 |
| Hardware and Upgrades 3 | 150 | 150 |
| P O Box, postage | 300 | 300 |
| Utilities | ||
| I & M Street lights | 800 | 800 |
| I & M Front lights | 700 | 700 |
| I&M Pond pump | 7,500 | 7,500 |
| I & M Deposit 4 | 1,220 | 1,220 |
| Total Expenses | 18,120 | 18,120 |
| NET INCOME/LOSS | -1,692 | -69 |
Footnotes:
- Of the $300 budgeted, approx $200 is website startup costs and should not be repeated. ↩︎
- Assumes HOA members provide labor for mowing, mulching, etc. ↩︎
- Locks for well shed and digital well and light timers. ↩︎
- The $1,220 utility deposit is onetime event and should not be repeated in future years’ budgets and is refunded after seven years ↩︎
Effect of Start Up Expenses on 2024 fees:
1520 amount of these above start up expenses and affect on 2024 dues: 0.083885
$61 on pond
$38 off pond (Amounts are approximate)
Utilities:
