|
CANAVERAL SANDS
CONDOMINIUM
BUDGET
Jan 1,
2008 to Dec 31, 2008
Operating
|
Administration |
|
| MANAGEMENT FEES |
$21,240.00 |
| TAX/PERMITS/FEES |
$600.00 |
| TAXES ON INTEREST EARNED |
$2,100.00 |
| POSTAGE/COPIES/SUPPLIES |
$4,200.00 |
| ACCOUNTING SERVICES |
$3,840.00 |
| ATTORNEY FEES |
$4,200.00 |
| FEES TO STATE |
$480.00 |
| BANK CHARGES/COUPON BOOKS |
$900.00 |
| Insurance |
|
| INSURANCE WORKMAN'S COMP |
$4,440.00 |
| GENERAL INSURANCE |
$10,740.00 |
| PROPERTY INSURANCE |
$27,840.00 |
| WIND INSURANCE |
$45,000.00 |
| FLOOD INSURANCE |
$16,200.00 |
| Maintenance |
|
| ELEVATOR SERVICE CONTRACT |
$7,200.00 |
| ELEVATOR REPAIRS |
$6,000.00 |
| PEST CONTROL |
$3,120.00 |
| CLEANING SERVICE |
$18,600.00 |
| TERMITE BOND |
$2,400.00 |
| POOL SERVICE
CONTRACT/REPAIRS |
$8,520.00 |
| MAINTENANCE REPAIRS |
$24,132.00 |
| LAWN SERVICE
|
$14,660.00 |
| LANDSCAPE IMPROVEMENTS |
$3,000.00 |
| DUNES |
$3,000.00 |
| FIRE SYSTEM MAINTENANCE |
$7,680.00 |
| Payroll |
|
| PAYROLL TAXES
(EXP/FICA/MC) |
$4,524.00 |
| PAYROLL maintenance employ |
$50,848.00 |
| Utilities |
|
| ELECTRIC |
$13,200.00 |
| PHONE/PAGER |
$9,996.00 |
| WATER |
$14,400.00 |
| SEWER ONLY |
$27,600.00 |
| GARBAGE/RECYCLE/DUMPSTER |
$9,000.00 |
| CAPE CANAVERAL STORM WATER
FEE |
$3,204.00 |
| CABLE TV |
$39,000.00 |
| POOL GAS |
$18,600.00 |
| TOTAL OPERATING |
$430,464.00. |
Reserves
| PERIMETER FENCE |
$4,680.00 |
| FIRE ALARM SYSTEM |
$4,800.00 |
| DOOR REPLACEMENT |
$1.200.00 |
| BUILDING AND GARAGE CONCRETE
REPAIR |
$24,564.00 |
| WINDOW & FRAME
REPLACEMENT |
$600.00 |
| GARAGE DOORS
REPAIR/REPLACEMENT |
$2,400.00 |
| RAILINGS |
$3,000.00 |
| DEFERRED MAINTENANCE |
$18,000.00 |
| ELEVATORS |
$12,000.00 |
| PAINTING/STUCCO |
$13,404.00 |
| PAVING |
$600.00 |
| ROOFS |
$75,000.00 |
| POOL/REC ROOM/OCEAN
WALKWAYS |
$4,008.00 |
| TOTAL RESERVES |
$164,256.00 |
TOTAL 2008 BUDGET = $594,720
Condo fee assessment
= $420 per month
72.4% for operating expenses
27.6% for
reserve requirements
|