logging in or signing up 07 Budget overview Monica Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 58 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: February 11, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Autumn Heights Budget Overview: Autumn Heights Budget Overview December 14, 2006Purpose: Purpose Provide an overview of the 2007 Budget and discuss the HOA duesAgenda: Agenda Long Term goals Overview of Autumn Heights 2006 Budget 2007 Budget Dues Summary ConclusionAutumn Heights Overview: Autumn Heights Overview 140 great neighbors 22 years old In good shape for its age Pool Hot tub Clubhouse Acres of grounds 64 sprinkler zonesAutumn Heights Overview: Autumn Heights Overview 16,780 sf of Concrete 3,125 lf of wood fence 4280 sf of wood retaining walls 210 Waste & Vent lines, water and sewer laterals 95,921 sf Asphalt Pavement 22,760 lf of Gutters and Downspouts Over 300 trees and 200 bushesReserve Expenses: Reserve Expenses 297K paid 2004-2006 Trim and siding Drainage problems Water Damage Painting Insurance deductibles Soffit and Chimney repairs Gutters Painting Concrete Current reserve $60K2005 Summary: 2005 Summary Retired $ 35K of roofing loan Torrential rain resulting in structural damages Completed second (final) phase of the trim repair and painting Routine maintenance and repairs 2006 Objectives: 2006 Objectives Live within current budget Continue to retire roof loan Focus discretionary spending on “curb appeal” items Advertise our strengths with local realtors2006 Budget Overview: 2006 Budget Overview Budget $334K (same as 2005) $70K Loan $40K Lawn, trees & landscaping $69K Utilities & trash $36.5K Insurance $20K Management $47K Misc $52K ReserveLong Term Goals: Long Term Goals Long term financial stability Continued increase in property value Make Autumn Heights a place where people want to live Continued enforcement of covenants2007 Budget Overview: 2007 Budget Overview Budget $317,600 (53,760 increase) $70K Loan $42K Lawn, trees & landscaping $71K Utilities & Trash $31K Insurance $24K Management $36K Misc $105KReserveDues Increase: Dues Increase $32.50 (now $25) per month increase $7.50 per month storm water $23 per month to the Reserve Fund $2 per month to increasing expenses Questions: QuestionsClosing Comments: Closing Comments You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
07 Budget overview Monica Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 58 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: February 11, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Autumn Heights Budget Overview: Autumn Heights Budget Overview December 14, 2006Purpose: Purpose Provide an overview of the 2007 Budget and discuss the HOA duesAgenda: Agenda Long Term goals Overview of Autumn Heights 2006 Budget 2007 Budget Dues Summary ConclusionAutumn Heights Overview: Autumn Heights Overview 140 great neighbors 22 years old In good shape for its age Pool Hot tub Clubhouse Acres of grounds 64 sprinkler zonesAutumn Heights Overview: Autumn Heights Overview 16,780 sf of Concrete 3,125 lf of wood fence 4280 sf of wood retaining walls 210 Waste & Vent lines, water and sewer laterals 95,921 sf Asphalt Pavement 22,760 lf of Gutters and Downspouts Over 300 trees and 200 bushesReserve Expenses: Reserve Expenses 297K paid 2004-2006 Trim and siding Drainage problems Water Damage Painting Insurance deductibles Soffit and Chimney repairs Gutters Painting Concrete Current reserve $60K2005 Summary: 2005 Summary Retired $ 35K of roofing loan Torrential rain resulting in structural damages Completed second (final) phase of the trim repair and painting Routine maintenance and repairs 2006 Objectives: 2006 Objectives Live within current budget Continue to retire roof loan Focus discretionary spending on “curb appeal” items Advertise our strengths with local realtors2006 Budget Overview: 2006 Budget Overview Budget $334K (same as 2005) $70K Loan $40K Lawn, trees & landscaping $69K Utilities & trash $36.5K Insurance $20K Management $47K Misc $52K ReserveLong Term Goals: Long Term Goals Long term financial stability Continued increase in property value Make Autumn Heights a place where people want to live Continued enforcement of covenants2007 Budget Overview: 2007 Budget Overview Budget $317,600 (53,760 increase) $70K Loan $42K Lawn, trees & landscaping $71K Utilities & Trash $31K Insurance $24K Management $36K Misc $105KReserveDues Increase: Dues Increase $32.50 (now $25) per month increase $7.50 per month storm water $23 per month to the Reserve Fund $2 per month to increasing expenses Questions: QuestionsClosing Comments: Closing Comments