Page 4 - FY21 BUDGET booklet for residents PRELIMINARY V 073120 FINAL
P. 4
2021 PROPOSED BUDGET
TOTAL PAYROLL
20%
RESERVE
CONTRIBUTION
TOTAL OTHER
EXPENSES 34%
TOTAL PAYROLL
TAX/BENEFITS
7%
TOTAL TAX
0%
TOTAL
ADMINISTRATIVE
6%
TOTAL SUPPLIES
1%
TOTAL REPAIRS &
TOTAL CONTRACTS &
SVCS MAINT
7% 4%
TOTAL UTILITIES
21%
INCOME
Summary
2019 2020 2021
ASSESSMENT INCOME: YEAR -END APPROVED PROPOSED These figures represent
ACTUAL BUDGET BUDGET the condominium and
garage assessments.
ASSESSMENTS $ 15,315,507 $ 15,608,691 $ 15,895,891
GARAGE ASSESSMENTS $ 219,116 $ 223,624 $ 227,739 There is a 1.84%
TOTAL ASSESSMENT INCOME $ 15,534,624 $ 15,832,315 $ 16,123,630 increase in these
assessments for
FY2021.
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