| Account Name | Budget Annual 2025-2026 | Budget Monthly 2025-2026 |
|---|---|---|
| Income | ||
| Dues | $ 4,013,301.60 | $ 334,441.80 |
| Parking Income | $ 28,500.00 | $ 2,375.00 |
| Internet Fees | $ - | $ - |
| Late Charges | $ 4,200.00 | $ 350.00 |
| Move-In/Out Fees | $ 28,750.00 | $ 2,395.83 |
| Collection & Lien Fees | $ - | $ - |
| Recreational Facility Rent | $ 7,200.00 | $ 600.00 |
| Repairs/Maintenance/Cleaning | $ - | $ - |
| Access Card/Keys Revenue | $ 10,500.00 | $ 875.00 |
| Vending - Laundry | $ 122,988.00 | $ 10,249.00 |
| Laundry contract renewal bonus | $ 22,992.00 | $ 1,916.00 |
| HOA Owned Rental Income | $ 29,100.00 | $ 2,425.00 |
| Interest Income | $ 36,000.00 | $ 3,000.00 |
| NSF/Bank Fees | $ - | $ - |
| Total Operating Income | $ 4,303,531.60 | $ 358,627.63 |
| Expense | ||
| Administrative | ||
| HOA Owned Assessment | $ 7,620.00 | $ 635.00 |
| Repayment to reserve | $ 90,000.00 | $ 7,500.00 |
| Postage | $ - | $ - |
| Photocopying | $ 2,160.00 | $ 180.00 |
| Office Supplies & Expense | $ 6,000.00 | $ 500.00 |
| Statements / Certified / Special Mail Charges | $ 600.00 | $ 50.00 |
| Delivery Expense | $ - | $ - |
| Secretarial Expense, (Minutes) | $ 5,460.00 | $ 420.00 |
| Admin Expense - General | $ 21,300.00 | $ 1,775.00 |
| Management Fee, LBPM | $ 41,796.00 | $ 3,483.00 |
| Professional Services/ Luxor | $ 9,360.00 | $ 780.00 |
| Professional Fees - Legal | $ 90,000.00 | $ 7,500.00 |
| Professional Fees - Accounting | $ 4,560.00 | $ 380.00 |
| Reserve Study Expense | $ - | $ - |
| Lien Fees & Expense | $ - | $ - |
| Bank Service Charges | $ - | $ - |
| NSF Fees | $ - | $ - |
| Unit Repair/ Settlement | $ 60,000.00 | $ 5,000.00 |
| Other Property Admin. Costs | $ - | $ - |
| Miscellaneous Reimbursements | $ - | $ - |
| Total Administrative | $ 338,856.00 | $ 28,203.00 |
| Maintenance & Repair | ||
| Janitorial Service/Cleaning Labor | $ 281,508.00 | $ 23,459.00 |
| Elevator - Contract Maint. | $ 27,444.00 | $ 2,287.00 |
| Elevator - Repairs | $ 6,600.00 | $ 550.00 |
| Landscape Grounds - Contract | $ 161,580.00 | $ 13,465.00 |
| Landscape Grounds - Maint. | $ 8,400.00 | $ 700.00 |
| Tree Trimming | $ 40,000.00 | $ 3,333.33 |
| Irrigation / Sprinklers | $ 12,000.00 | $ 1,000.00 |
| Painting Supplies | $ 7,500.00 | $ 625.00 |
| Exterminator-Pest Control | $ 12,552.00 | $ 1,046.00 |
| Fire Equipment Service | $ 7,500.00 | $ 625.00 |
| Sec Equipment Maint/Repair | $ 5,500.00 | $ 458.33 |
| Entry Gates | $ 4,080.00 | $ 340.00 |
| Locks & Keys | $ 8,900.00 | $ 741.67 |
| Security Personnel | $ 208,140.00 | $ 17,345.00 |
| Plumbing Repairs-Inside | $ - | $ - |
| Plumbing Repairs-Outside | $ - | $ - |
| Plumbing-Supplies | $ - | $ - |
| Plumbing Clean-Out | $ - | $ - |
| Architect/Engineer Fees | $ - | $ - |
| Roof/Gutter Repair/Maint | $ 7,500.00 | $ 625.00 |
| Pool/Spa Service | $ - | $ - |
| Pool Supplies & Repair | $ 15,000.00 | $ 1,250.00 |
| Cable TV Service/Repairs | $ 120.00 | $ 10.00 |
| General Maintenance & Repair | $ 25,000.00 | $ 2,083.33 |
| Materials & Supplies | $ 120,000.00 | $ 10,000.00 |
| Equipment Rental-Misc | $ 16,140.00 | $ 1,345.00 |
| Uniforms-Purchase | $ 3,000.00 | $ 250.00 |
| Total Maintenance & Repair | $ 978,464.00 | $ 81,538.67 |
| Utilities | ||
| Telephone/Internet | $ 7,500.00 | $ 625.00 |
| Rubbish Removal | $ 170,640.00 | $ 14,220.00 |
| Electricity | $ 248,373.00 | $ 20,697.75 |
| Water | $ 320,203.00 | $ 26,683.58 |
| Sewer | $ 128,081.20 | $ 10,673.43 |
| Natural Gas | $ - | $ - |
| Total Utilities | $ 874,797.20 | $ 72,899.77 |
| Non-Recov Admin Exp | ||
| Holiday Gifts - Non-Recoverable | $ 350.00 | $ 29.17 |
| Total Non-Recov Admin Exp | $ 350.00 | $ 29.17 |
| Other Expenses | ||
| Major Building Improvement | $ 306,579.00 | $ 25,548.25 |
| Misc Expense | $ - | $ - |
| Total Other Expenses | $ 306,579.00 | $ 25,548.25 |
| Taxes & Insurance | ||
| Insurance - Building | $ 931,059.00 | $ 77,588.25 |
| Insurance - Workers' Comp | $ 35,000.00 | $ 2,916.67 |
| Insurance - Medical | $ 64,788.00 | $ 5,399.00 |
| Insurance-Directors & Officers | $ 38,000.00 | $ 3,166.67 |
| Taxes - State | $ 3,600.00 | $ 300.00 |
| Taxes - Federal | $ 8,000.00 | $ 666.67 |
| Taxes - Property | $ 2,000.00 | $ 166.67 |
| Taxes/Licenses & Permits | $ 3,500.00 | $ 291.67 |
| Total Taxes & Insurance | $ 1,085,947.00 | $ 90,495.58 |
| Payroll | ||
| Other Payroll Related | $ 7,850.00 | $ 654.17 |
| Salaries - General, Tax, Payroll Fee | $ 708,780.00 | $ 59,065.00 |
| Total Payroll | $ 716,630.00 | $ 59,719.17 |
| Total Operating Expense | $ 4,301,623.20 | $ 358,433.60 |
| Total Operating Income | $ 4,303,531.60 | $ 358,627.63 |
| Total Operating Expense | $ 4,301,623.20 | $ 358,433.60 |
| NOI - Net Operating Income | $ 1,908.40 | $ 194.03 |