Kings Grant Homeowners Association
					2005 Budget
Income
Regime Fees (427 @ $130)								2005 Budget
less delinquency (3%)								$   53,989.15
Late Fees & Legal Fees								$        700.00
Interest - Checking								$           35.00
Interest - Savings								$        500.00
Misc Income								$        100.00
Transfer from Reserve
Total Income
								$   55,324.15
Expenses
Green Area Maintenance								$   18,000.00
Tree Removal/Cleanup								$     4,500.00
Entrance Maintenance								$     6,240.00
Entrance Supplies								$        500.00
Marina/Playground								$        500.00
Insurance								$     4,750.00
Restrictions								$        200.00
Hospitality								$        500.00
Administration								$        500.00
Postage - $350, P.O. Box $76, Safe Deposit Box $25,
Misc Supplies - $100, Printing $200
Travel (20 mi/mo @ $.30/mi) @
Communications								$     2,000.00
KAPERS - $1425, Directories - $130, Website - $35, Voice Mail Box - $360
Infrastructure
Security/Crime Watch								$        500.00
Electricity								$     1,750.00
Tax Preparation								$        450.00
Accounting Services								$     3,000.00
Income Taxes
Legal/Professional Services								$     5,000.00
Property Taxes								$        700.00
Entrance Way Project								$     1,000.00
Architectural Review								$        100.00
Marking House # on Curbs								$                 -
Miscellaneous Expense								$        250.00
Reserve Fund								$     4,884.15
Storm Damage
Total Expenses								$   55,324.15