| 2006 | 2006 | 2007 | Variance | Variance | Variance | Variance | |||
| Account | Account | Budget | Estimated | Budget | 2007 Budget | 2007 Budget | 2007 Budget | 2007 Budget | |
| Number | Annual | vs. | vs. | vs. | vs. | ||||
| (Actuals) | 2006 Est. Annual | 2006 Est. Annual | 2006 Budget | 2006 Budget | |||||
| $ | % | $ | % | ||||||
| INCOME | |||||||||
| Assessments | 536000 | 1,783,497 | 1,783,497 | 1,816,404 | 32,907 | 1.85% | $32,907 | 1.85% | |
| OTHER INCOME | |||||||||
| CAM Charges | 515200 | 54,869 | 54,869 | 59,706 | 4,837 | 8.82% | $4,837 | 9% | |
| Late Fees | 592101 | 1,200 | 800 | 1,200 | 400 | 50.00% | $0 | 0% | |
| Lock Out Fees | 593200 | 0 | 0 | 600 | 600 | - | $600 | - | |
| Key Fee | 593100 | 0 | 300 | 1,200 | 900 | 300.00% | $1,200 | 400% | |
| Pet Fees | 593700 | 0 | 200 | 0 | -200 | -100.00% | $0 | 0% | |
| Interest Income | 541000 | 0 | 0 | 4,500 | 4,500 | - | $4,500 | - | |
| Rubbish Rebate | 599800 | 0 | 0 | 16,800 | 16,800 | - | $16,800 | - | |
| Service Fees | 592101 | 5,620 | 800 | 11,000 | 10,200 | 1275.00% | $5,380 | 673% | |
| Legal Reimbursed | 530617 | 0 | 1,500 | 6,000 | 4,500 | 300.00% | $6,000 | 400% | |
| Miscellaneous | 599900 | 1,500 | 142 | 0 | -142 | -100.00% | -$1,500 | -1056% | |
| Total Other Income | 63,189 | 58,611 | 101,006 | 42,395 | 72.33% | $37,817 | 65% | ||
| TOTAL INCOME | 1,846,686 | 1,842,108 | 1,917,410 | 75,302 | 4.09% | $70,724 | 4% | ||
| EXPENSES | |||||||||
| Administrative | |||||||||
| Printing/Copying | 630800 | 2,400 | 4,062 | 4,440 | 378 | 9.31% | $2,040 | 50% | |
| Office Supplies | 631100 | 3,500 | 6,504 | 4,500 | -2,004 | -30.81% | $1,000 | 15% | |
| Postage/Delivery | 631400 | 400 | 675 | 600 | -75 | -11.11% | $200 | 30% | |
| Management Fee | 632000 | 54,000 | 54,000 | 56,025 | 2,025 | 3.75% | $2,025 | 4% | |
| Legal | 634000 | 5,355 | 7,400 | 25,000 | 17,600 | 237.84% | $19,645 | 265% | |
| Audit | 635000 | 3,255 | 6,485 | 10,000 | 3,515 | 54.20% | $6,745 | 104% | |
| Other Professional Fees | 635101 | 1,000 | 998 | 17,000 | 16,002 | 1603.41% | $16,000 | 1603% | |
| Telephone | 636000 | 9,094 | 10,312 | 9,000 | -1,312 | -12.72% | -$94 | -1% | |
| Memberships/Dues/Subscriptions | 637800 | 400 | 0 | 525 | 525 | - | $125 | - | |
| Property Insurance | 672000 | 94,360 | 94,360 | 93,000 | -1,360 | -1.44% | -$1,360 | -1% | |
| Miscellaneous | 639000 | 4,000 | 5,558 | 2,000 | -3,558 | -64.02% | -$2,000 | -36% | |
| Total Administrative Expense | 177,764 | 190,354 | 222,090 | 31,736 | 16.67% | $44,326 | 23% | ||
| Payroll | |||||||||
| Employee Salaries | 402,522 | 396,522 | 488,198 | 91,676 | 23.12% | $85,676 | 22% | ||
| Payroll Taxes | 671100 | 34,982 | 34,982 | 47,312 | 12,330 | 35.25% | $12,330 | 35% | |
| Workers Compensation Ins | 672500 | 33,200 | 33,200 | 13,985 | -19,215 | -57.88% | -$19,215 | -58% | |
| Employee Benefits | 640500 | 90,900 | 90,900 | 92,796 | 1,896 | 2.09% | $1,896 | 2% | |
| Total Payroll Expense | 561,604 | 555,604 | 642,291 | 86,687 | 15.60% | $80,687 | 15% | ||
| Utilities | |||||||||
| Electricity | 645000 | 191,669 | 191,669 | 200,606 | 8,937 | 4.66% | $8,937 | 5% | |
| Water | 645100 | 25,000 | 24,246 | 24,500 | 254 | 1.05% | -$500 | -2% | |
| Gas | 645200 | 305,500 | 305,500 | 275,000 | -30,500 | -9.98% | -$30,500 | -10% | |
| Total Utilities Expense | 522,169 | 521,415 | 500,106 | -21,309 | -4.09% | -$22,063 | -4% | ||
| Operating | |||||||||
| Employee Unit Expenses | 512000 | 62,400 | 47,600 | 0 | -47,600 | -100.00% | -$62,400 | -131% | |
| Lamps & Bulbs | 642500 | 8,000 | 7,238 | 8,000 | 762 | 10.53% | $0 | 0% | |
| Carpet Cleaning | 643600 | 6,188 | 4,457 | 5,000 | 543 | 12.18% | -$1,188 | -27% | |
| Maintenance Supplies | 643100 | 16,092 | 8,192 | 8,000 | -192 | -2.34% | -$8,092 | -99% | |
| Uniforms | 643300 | 9,200 | 8,452 | 10,632 | 2,180 | 25.79% | $1,432 | 17% | |
| Exterminating | 646200 | 2,627 | 2,033 | 2,200 | 167 | 8.21% | -$427 | -21% | |
| Scavenger Service | 647000 | 9,500 | 16,800 | 15,000 | -1,800 | -10.71% | $5,500 | 33% | |
| License/Inspection Fees | 649500 | 4,500 | 3,829 | 4,500 | 671 | 17.52% | $0 | 0% | |
| Miscellaneous | 649000 | 1,000 | 1,097 | 1,000 | -97 | -8.84% | $0 | 0% | |
| Total Operating Expense | 119,507 | 99,698 | 54,332 | -45,366 | -45.50% | -$65,175 | -65% | ||
| Maintenance | |||||||||
| Landscaping | 652200 | 8,000 | 8,000 | 9,000 | 1,000 | 12.50% | $1,000 | 13% | |
| Window & Sidewalk cleaning | 653100 | 38,163 | 38,163 | 40,500 | 2,337 | 6.12% | $2,337 | 6% | |
| Elevator Maintenance | 655000 | 52,753 | 52,800 | 55,000 | 2,200 | 4.17% | $2,247 | 4% | |
| Common Element Decorating | 656300 | 28,500 | 28,500 | 10,000 | -18,500 | -64.91% | -$18,500 | -65% | |
| Plant Maintenance | 657500 | 1,100 | 1,100 | 1,500 | 400 | 36.36% | $400 | 36% | |
| HVAC Maintenance Contract | 655200 | 16,696 | 16,696 | 17,531 | 835 | 5.00% | $835 | 5% | |
| Garage Maintenance | 696500 | 103,770 | 185,000 | 145,000 | -40,000 | -21.62% | $41,230 | 22% | |
| Maintenance Equipment | 655200 | 5,000 | 752 | 5,000 | 4,248 | 564.89% | $0 | 0% | |
| Metal Maintenance | 652800 | 4,000 | 1,000 | 4,000 | 3,000 | 300.00% | $0 | 0% | |
| Preventive Maintenance | 655500 | 9,100 | 6,552 | 9,100 | 2,548 | 38.89% | $0 | 0% | |
| Miscellaneous | 655500 | 0 | 0 | 5,000 | 5,000 | - | $5,000 | - | |
| Total Maintenance Expense | 267,082 | 338,563 | 301,631 | -36,932 | -10.91% | $34,549 | 10% | ||
| Repairs | |||||||||
| Electrical | 661200 | 10,000 | 8,107 | 10,000 | 1,893 | 23.35% | $0 | 0% | |
| HVAC Materials | 663201 | 23,800 | 22,029 | 24,700 | 2,671 | 12.12% | $900 | 4% | |
| HVAC Non-Contract | 663200 | 5,000 | 12,275 | 15,000 | 2,725 | 22.20% | $10,000 | 81% | |
| Plumbing and Sewer | 664600 | 10,000 | 30,914 | 15,000 | -15,914 | -51.48% | $5,000 | 16% | |
| General Building | 668700 | 53,000 | 53,000 | 30,000 | -23,000 | -43.40% | -$23,000 | -43% | |
| Fire Prevention | 668800 | 15,000 | 17,624 | 19,000 | 1,376 | 7.81% | $4,000 | 23% | |
| Resident Reimb. Repairs | 668900 | 2,500 | 4,810 | 5,000 | 190 | 3.95% | $2,500 | 52% | |
| Total Repairs | 119,300 | 148,759 | 118,700 | -30,059 | -20.21% | -$600 | 0% | ||
| Total Maintenance & Repairs | 386,382 | 487,322 | 420,331 | -66,991 | -13.75% | $33,949 | 7% | ||
| Recreational | |||||||||
| Cable/Master TV Antenna | 691000 | 28,260 | 20,973 | 28,260 | 7,287 | 34.74% | $0 | 0% | |
| Reserves | |||||||||
| Contributions to Reserves | 536199 | 50,000 | 50,000 | 50,000 | 0 | 0.00% | $0 | 0% | |
| Total Operations Expense | 1,845,686 | 1,925,366 | 1,917,410 | -7,956 | -0.41% | $71,724</ | |||