|
|
2004
|
|
Per
Unit
|
|
Budget
|
|
Based
on
|
|
Projected
|
|
7,219
|
INCOME-ADMINISTRATIVE
SERVICES:
|
|
|
|
Association
Dues PLPOA (6,301
@ $160)*
|
1,008,160.00
|
|
139.48
|
Assoc.
Dues Time Share (306
X 2 @ $160)*
|
97,920.00
|
|
13.55
|
1X
Time Share multiplier assigned to Rec Center
|
0.00
|
|
0.00
|
Reserve
Transfer
|
(98,686.00)
|
|
-13.65
|
Restricted
Reserve (Phys. Plant )
|
0.00
|
|
0.00
|
Restricted
Reserve ( Rec Center Rehabilitation)
|
0.00
|
|
0.00
|
Assessments-uncollectible
|
(25,000.00)
|
|
-3.46
|
Late
Charges
|
18,000.00
|
|
2.49
|
Violations
|
0.00
|
|
0.00
|
Assessment
Overpayment
|
0.00
|
|
0.00
|
Special
Assessments
|
0.00
|
|
0.00
|
Returned
Checks
|
0.00
|
|
0.00
|
Fee,
Returned Check
|
0.00
|
|
0.00
|
Other-Admin
|
14,000.00
|
|
1.94
|
Cobra
Payment
|
0.00
|
|
0.00
|
Fairfield
Newsletter
|
200.00
|
|
0.03
|
Advertising
|
0.00
|
|
0.00
|
Interest
|
1,500.00
|
|
0.21
|
REO
|
0.00
|
|
0.00
|
* Per
unit cost indicates combined total of PLPOA accounts and
Time Share multiplier.
|
|
|
|
|
TOTAL ADMIN. SERVICES INCOME:
|
1,016,094.00
|
|
140.58
|
|
|
|
|
|
|
|
|
INCOME-COVENANT & COMPLIANCE:
|
|
|
Covenant & Compliance Fees
|
10,000.00
|
|
1.38
|
Covenant & Compliance Fines
|
5,000.00
|
|
0.69
|
Other-Covenant & Compliance
|
|
|
0.00
|
|
|
|
|
TOTAL COVENANT & COMPLIANCE:
|
15,000.00
|
|
2.08
|
|
|
|
|
|
|
|
|
INCOME-PROPERTY & ENVIRONMENT:
|
|
|
Rent (Club House)
|
7,350.00
|
|
1.02
|
Fishing Permits
|
50,000.00
|
|
6.92
|
Property & Environment - Fines
|
200.00
|
|
0.03
|
Other (Seed/Fertilizer)
|
2,000.00
|
|
0.28
|
|
|
|
|
TOTAL PROPERTY & ENVIRONMENT:
|
59,550.00
|
|
8.24
|
|
|
|
|
|
|
|
|
|
INCOME-RECREATION AMENITIES:
|
|
|
|
Assignment of 1X Time Share multiplier
|
48,960.00
|
|
6.77
|
PLPOA Members
|
111,000.00
|
|
15.36
|
Sponsored Guest
|
11,000.00
|
|
1.52
|
Timeshare Owners
|
138,000.00
|
|
19.09
|
Sponsored Events/Programs
|
11,000.00
|
|
1.52
|
Rental Income
|
8,500.00
|
|
1.18
|
|
|
|
|
TOTAL RECREATION AMENITIES:
|
328,460.00
|
|
45.44
|
|
|
|
|
|
|
|
|
CARRY FORWARD
|
|
|
|
Carry Forward from 2003 Cash
|
18,000.00
|
|
2.49
|
|
|
|
|
TOTAL CARRY FORWARD
|
18,000.00
|
|
2.49
|
|
|
|
|
TOTAL INCOME:
|
1,437,104.00
|
|
198.82
|
|
|
|
|
|
|
|
|
EXPENSES-ADMINISTRATIVE SERVICES
|
|
|
Master Insurance
|
109,000.00
|
|
15.08
|
Insurance - Deductibles
|
10,000.00
|
|
1.38
|
Accounting Fee
|
1,000.00
|
|
0.14
|
Audit
|
6,000.00
|
|
0.83
|
Legal
|
15,000.00
|
|
2.08
|
Legal-Collections & Liens
|
2,000.00
|
|
0.28
|
Professional Fees
|
0.00
|
|
0.00
|
Payroll-Paychex
|
3,000.00
|
|
0.42
|
Total Payroll
|
188,000.00
|
|
26.01
|
Payroll - Overtime
|
2,000.00
|
|
0.28
|
Payroll Taxes
|
16,960.00
|
|
2.35
|
Life Insurance(Inc. total staff Life Ins)
|
2,640.00
|
|
0.37
|
Health Insurance
|
34,500.00
|
|
4.77
|
Vision Insurance
|
864.00
|
|
0.12
|
Disability
|
1,560.00
|
|
0.22
|
Dental Insurance
|
3,540.00
|
|
0.49
|
SAR-SEP (Retirement Plan)
|
11,550.00
|
|
1.60
|
Admin.-Cafeteria Plan
|
960.00
|
|
0.13
|
Insurance-Workman's Comp
|
1,080.00
|
|
0.15
|
Postage (Does not include newsletter)
|
15,000.00
|
|
2.08
|
Stationary, Copies, Printing
|
6,500.00
|
|
0.90
|
Office Supplies
|
8,000.00
|
|
1.11
|
Comp. & Equip. Repair, Upgrades & Tech Help
|
7,000.00
|
|
0.97
|
Equipment Leases
|
9,000.00
|
|
1.25
|
Newsletter Prep, Printing & Postage
|
22,000.00
|
|
3.04
|
Advertisement
|
2,000.00
|
|
0.28
|
Board & Comm. Meeting
|
1,200.00
|
|
0.17
|
Education-Seminar
|
4,500.00
|
|
0.62
|
Association Activities
|
3,500.00
|
|
0.48
|
Hospital district
|
5,000.00
|
|
0.69
|
USJHS/Humane Society
|
5,000.00
|
|
0.69
|
Gasoline, Mileage
|
120.00
|
|
0.02
|
Bank Charges
|
180.00
|
|
0.02
|
Archuleta Cty Animal Control
|
36,000.00
|
|
4.98
|
Dues & Fees
|
1,000.00
|
|
0.14
|
Subscriptions
|
1,200.00
|
|
0.17
|
Misc. & Contingency
|
9,000.00
|
|
1.25
|
Consulting
|
0.00
|
|
0.00
|
Capital Improvements (office equipment)
|
0.00
|
|
0.00
|
|
|
|
|
|
TOTAL ADMIN. SERVICES EXPENSE:
|
545,854.00
|
|
75.52
|
|
|
|
|
|
|
|
|
EXPENSES-COVENANT & COMPLIANCE:
|
|
|
Total Payroll
|
125,000.00
|
|
17.29
|
Payroll - Overtime
|
500.00
|
|
0.07
|
Payroll Taxes
|
11,830.00
|
|
1.64
|
Health Insurance
|
24,600.00
|
|
3.40
|
Vision Insurance
|
675.00
|
|
0.09
|
Disability
|
1,200.00
|
|
0.17
|
Dental Insurance
|
2,680.00
|
|
0.37
|
Insurance-Workman's Comp
|
1,680.00
|
|
0.23
|
SAR-SEP (Retirement Plan)
|
8,220.00
|
|
1.14
|
Office/Field Supplies/Uniforms
|
1,200.00
|
|
0.17
|
Printing (mailings, permits, brochures, Decs, maps)
|
600.00
|
|
0.08
|
Training
|
1,200.00
|
|
0.17
|
Professional Fees
|
780.00
|
|
0.11
|
ECC Expenses
|
780.00
|
|
0.11
|
Vehicle Gasoline
|
3,500.00
|
|
0.48
|
Vehicle Exp - Tahoe
|
1,200.00
|
|
0.17
|
Vehicle Exp - Ranger
|
500.00
|
|
0.07
|
Vehicle Exp - Tahoe
|
1,200.00
|
|
0.17
|
Contingency
|
500.00
|
|
0.07
|
Capital Expenditure ( File Cabinet)
|
1,500.00
|
|
0.20
|
|
|
|
|
TOTAL COVENANT & COMPLIANCE EXPENSE:
|
189,345.00
|
|
26.20
|
|
|
|
|
|
EXPENSES-PROPERTY & ENVIRONMENT:
|
|
|
Total Payroll
|
138,000.00
|
|
19.09
|
Payroll - Overtime
|
3,000.00
|
|
0.42
|
Payroll Taxes
|
12,330.00
|
|
1.71
|
Health Insurance
|
21,400.00
|
|
2.96
|
Vision Insurance
|
876.00
|
|
0.12
|
Disability
|
1,220.00
|
|
0.17
|
Dental Insurance
|
3,450.00
|
|
0.48
|
Insurance-Workman's Comp
|
8,400.00
|
|
1.16
|
SAR-SEP (Retirement Plan)
|
7,800.00
|
|
1.08
|
Engineering & Surveying
|
10,000.00
|
|
1.38
|
Seminar/Training/CE
|
1,500.00
|
|
0.21
|
Vehicle Gas
|
3,200.00
|
|
0.44
|
Dept Auto #1/ 01 Ford
|
500.00
|
|
0.07
|
Dept Auto #2/ 95 Ford
|
700.00
|
|
0.10
|
Dept Auto #3/ 96 Ford
|
1,200.00
|
|
0.17
|
Dept Auto #4/ 98 - Suburban
|
700.00
|
|
0.10
|
Trailer Maintenance
|
200.00
|
|
0.03
|
Equipment Maintenance
|
700.00
|
|
0.10
|
Facilities Maintenance
|
3,000.00
|
|
0.42
|
Facilities Maintenance-Clubhouse
|
1,500.00
|
|
0.21
|
Janitorial Supplies
|
1,400.00
|
|
0.19
|
Landscaping-Adm. & Clubhouse
|
400.00
|
|
0.06
|
Signage
|
1,200.00
|
|
0.17
|
Roadside Cleanup/Adopt a Street
|
600.00
|
|
0.08
|
Fence Maint & Construction
|
400.00
|
|
0.06
|
Insect, Disease & Noxious Weeds
|
4,000.00
|
|
0.55
|
Grass Seed/Fertilizer
|
2,000.00
|
|
0.28
|
Uniforms/Tools Supplies & Exp
|
5,000.00
|
|
0.69
|
Lakes, Fisheries & Parks
|
5,000.00
|
|
0.69
|
Stocking & Food Chain
|
50,000.00
|
|
6.92
|
Weed & Algae Control
|
20,000.00
|
|
2.77
|
Enforcement/Signage
|
3,000.00
|
|
0.42
|
Consulting (Village Lake Survey)
|
0.00
|
|
0.00
|
Water Quality Testing
|
2,000.00
|
|
0.28
|
Kids Fishing Derby & Events
|
1,500.00
|
|
0.21
|
Parks Improvements & Maint
|
1,000.00
|
|
0.14
|
Porta Potties
|
2,520.00
|
|
0.30
|
Fire Mitigation
|
20,000.00
|
|
2.77
|
Capital Improvements-
|
4,500.00
|
|
0.62
|
|
|
|
|
TOTAL PROPERTY & ENVIRONMENT EXPENSE:
|
344,196.00
|
|
47.62
|
|
|
|
|
|
EXPENSES-RECREATION
AMENITIES
|
|
|
|
Total
Payroll
|
138,000.00
|
|
19.09
|
Payroll
- Overtime
|
600.00
|
|
0.08
|
Payroll
Taxes
|
13,500.00
|
|
1.87
|
Health
Insurance
|
21,200.00
|
|
2.93
|
Vision
Insurance
|
560.00
|
|
0.08
|
Disability
|
860.00
|
|
0.12
|
Dental
Insurance
|
2,000.00
|
|
0.28
|
Insurance-Workman's
Comp
|
2,040.00
|
|
0.28
|
SAR-SEP
(Retirement Plan)
|
5,800.00
|
|
0.80
|
Office
Supplies, Printing Etc.
|
1,200.00
|
|
0.17
|
Janitorial/Housekeeping
|
26,500.00
|
|
3.67
|
Telephone
|
1,200.00
|
|
0.17
|
Utilities
Gas
|
30,000.00
|
|
4.15
|
Utilities
Water
|
6,000.00
|
|
0.83
|
Utilities
Electric
|
18,500.00
|
|
2.56
|
Utilities
Waste Control
|
465.00
|
|
0.06
|
Utilities
TV
|
460.00
|
|
0.06
|
Utilities
Alarm
|
240.00
|
|
|
Professional
Fees
|
500.00
|
|
0.07
|
Seminar/Training
|
2,000.00
|
|
0.28
|
Business
Mileage Exp
|
450.00
|
|
0.06
|
Maintenance
Building
|
10,000.00
|
|
1.38
|
Maintenance
- Pool
|
15,000.00
|
|
2.08
|
Maintenance-Grounds
& Parking
|
1,500.00
|
|
0.21
|
Supplies,
Building
|
3,000.00
|
|
0.42
|
Supplies,
Recreation Program (Equipment)
|
3,500.00
|
|
0.48
|
Promotional
Events/Advertising
|
6,000.00
|
|
0.86
|
Capital
Expenditure
|
5,300.00
|
|
0.73
|
1.
Squat rack $1800
2. Xeriscape $3500
|
|
|
|
TOTAL
RECREATION AMENITIES EXPENSE:
|
316,375.00
|
|
43.77
|
|
|
|
|
EXPENSES-UTILITIES:
|
|
|
|
Cellular
Phones
|
2,400.00
|
|
0.33
|
Gas
Admin
|
1,800.00
|
|
0.25
|
Electric
Admin
|
5,100.00
|
|
0.71
|
Water
Admin
|
1,074.00
|
|
0.15
|
Waste
Control Admin
|
800.00
|
|
0.11
|
Gas
Shop
|
1,592.00
|
|
0.22
|
Electric
Shop
|
1,800.00
|
|
0.25
|
Water
Shop
|
500.00
|
|
0.07
|
Waste
Shop
|
156.00
|
|
0.02
|
Street
Lights
|
1,104.00
|
|
0.15
|
3G
Central Core (Water)
|
176.00
|
|
0.02
|
Telephone(All
Depts Except Rec)
|
7,000.00
|
|
0.97
|
Gas
Clubhouse
|
2,400.00
|
|
0.33
|
Electric
Clubhouse
|
1,850.00
|
|
0.26
|
Water
Clubhouse
|
710.00
|
|
0.10
|
Aerator
|
12,000.00
|
|
1.66
|
Internet
|
1,000.00
|
|
0.14
|
|
|
|
|
|
|
|
|
TOTAL
UTILITIES EXPENSE:
|
41,462.00
|
|
5.74
|
|
|
|
|
|
|
|
|
TOTAL
OPERATING EXPENSES:
|
1,437,232.00
|
|
198.84
|
NET
OPERATING INCOME:
|
-128.00
|
|
-0.02
|
|
|
|
|
RESERVE
TRANSFER
|
|
|
|
Reserve
Transfer
|
98,686.00
|
|
|
TOTAL
RESERVE TRANSFER
|
98,686.00
|
|
|
|
|
|
|
INCOME-RESTRICT.
RESERVE:
|
|
|
|
Reserve
- Restricted
|
98,686.00
|
|
|
Interest
|
10,000.00
|
|
|
TOTAL
RESERVE INCOME:
|
108,686.00
|
|
|
|
|
|
|
EXPENSES-RESERVE:
|
|
|
|
Reserve
Expense-DAS
|
700.00
|
|
|
Reserve
Expense-DCC:
|
|
|
|
Computer-Rich
|
|
|
|
Monitor-Rich
|
|
|
|
Computer-Helena
|
|
|
|
Vehicle-Isuzu
|
|
|
|
Reserve
Expense-DPE:
|
52,447.00
|
|
|
Parking
Lot-Seal & Stripe-Admin, Club House
|
|
|
|
Paint
& Stain-Admin
|
|
|
|
Chairs-Club
House
|
|
|
|
Windows,
Doors-Trails Maint. Bldg
|
|
|
|
Fencing-Trails Maint bldg
|
|
|
|
Boat-
|
|
|
|
Reserve
Expense-DRA:
|
6,800.00
|
|
|
Paint,
Stain-Rec Center
|
|
|
|
Bike,
Recumbent-Rec Center
|
|
|
|
Computer
|
|
|
|
Window
Replacement
|
|
|
|
Pool
Pump
|
|
|
|
|
|
|
|
TOTAL
RESERVE EXPENSES:
|
59,947.00
|
|
|
NET
RESERVE INCOME:
|
48,739.00
|
|
|
|
|
|
|
PHYSICAL
PLANT & REC EXPANSION INCOME:
|
|
|
|
Contibutions
|
|
|
|
Interest
|
|
|
|
TOTAL
PHYSICAL PLANT / REC INCOME:
|
|
|
|
|
|
|
|
PHYSICAL
PLANT & REC
EXPENSE:
|
|
|
|
Capital
Improvements-Physical Plant
|
45,000.00
|
|
|
TOTAL
PHYSICAL PLANT / REC EXPENSE
|
45,000.00
|
|
|
|
|
|
|
NET
INCOME PHYSICAL PLANT:
|
-45,000.00
|
|
|
|
|
|
|
 If you need Adobe Reader, click here to down load it free.
|
