Page 5 - FY21 BUDGET booklet for residents PRELIMINARY V 073120 FINAL

2019 2020 2021
OTHER INCOME: YEAR -END APPROVED PROPOSED
Summary
ACTUAL BUDGET BUDGET

ENHANCEMENT FUND $ 1,280 $ 750 $ 750 This category includes
GUEST PASSES $ - items associated with
CABLE REVENUE $ 25,550 $ 25,447 $ 25,550 income from individual
INTEREST INCOME $ 152,815 $ 125,000 $ 90,000 owners for various
MISC INC OTHER $ 952 $ 1,200 $ 1,200 services, events, and
ADMINISTRATIVE FEE $ 17,621 $ 12,500 $ 14,500 violations along with
MISC INC ATM INCOME $ 3,778 $ 3,500 $ 3,000 income from other
GATE OPENERS $ 27,202 $ 21,000 $ 23,000 sources such as
NSF FEE INCOME $ 2,625 $ 2,600 $ 3,500 commercial rentals,
TOWING INCOME $ 2,400 $ 2,500 $ 2,150 along with advertising
PARTY ROOM INCOME $ 23,671 $ 20,000 $ 17,250 fees for association
RACQUET CLUB INCOME $ 13,609 $ 15,000 $ 12,500 publications.
LAUNDRY INCOME $ 667 $ 800 $ 500
MOVE-IN FEE INCOME $ 78,450 $ 65,000 $ 65,000
NEWSLETTER INCOME $ 18,687 $ 22,000 $ 22,000
ANTENNA INCOME $ 22,784 $ 23,500 $ 25,479
VIOLATION CHARGES $ 5,275 $ 4,500 $ 4,500
PET FEE $ 5,100 $ 4,825 $ 5,000
RETAIL INCOME $ 31,750 $ 31,200 $ 31,800
LATE CHG INCOME $ 12,021 $ 10,000 $ 4,200
MGT COLLECTION CHGS $ 21,402 $ 15,000 $ 15,000
FORECLOSURE ADMIN $ 400 $ 500 $ 500
LEGAL CHG INCOME $ 22,934 $ 13,000 $ 30,000
EXCURSION BUS $ 6,986 $ 6,000 $ 5,000
RENTAL INCOME $ 57,277 $ 63,000 $ 63,000
RESALE INCOME $ 30,304 $ 25,500 $ 25,500
ACTIVITIES INCOME $ 7,020 $ 4,300 $ 4,300
IN UNIT SERVICE LABOR $ 67,844 $ 65,000 $ 65,000
IN UNIT SERVICE MATERIALS $ 15,843 $ 15,000 $ 15,000
MAINT ADMIN CHG TIER SHUTDOWN $ 20,223 $ 20,000 $ 20,000
TOTAL OTHER INCOME $ 696,471 $ 618,622 $ 595,179

TOTAL INCOME $ 16,231,095 $ 16,450,937 $ 16,718,809
EXPENSES

Summary
2019 2020 2021
PAYROLL EXPENSE: YEAR -END APPROVED PROPOSED This category represents full
ACTUAL BUDGET BUDGET staffing for all current
MAINTENANCE $ 737,664 $ 833,061 $ 847,654 positions. Included is a
RESIDENT SERVICES $ 253,344 $ 277,870 $ 283,274 minimum wage of $14.50
ENVIRONMENTAL SVCS $ 734,914 $ 760,522 $ 779,783
PATROL SERVICES $ 682,535 $ 747,757 $ 754,302
MANAGEMENT STAFF $ 681,036 $ 709,184 $ 724,542
MISC PERSONNEL $ -
TOTAL PAYROLL $ 3,089,494 $ 3,328,394 $ 3,389,556

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