|
|
|
2006
|
|
Per
Unit
|
|
Budget
|
|
Based
on
|
|
Projected
|
|
7,218
|
INCOME-ADMINISTRATIVE
SERVICES:
|
|
|
|
Association
Dues PLPOA (6,400
@ $160)*
|
1,024,000.00
|
|
139.93
|
Assoc.
Dues Time Share
X 2 @ $160)*
|
97,920.00
|
|
13.38
|
1X
Time Share multiplier assigned to Rec Center
|
0.00
|
|
0.00
|
Reserve
Transfer
|
(100,926.00)
|
|
-13.79
|
Restricted
Reserve (Phys. Plant )
|
(40,000.00)
|
|
-5.47
|
Restricted
Reserve ( Rec Center Rehabilitation)
|
(35,000.00)
|
|
-4.78
|
Assessments-uncollectible
|
(34,000.00)
|
|
-4.65
|
Late
Charges
|
17,000.00
|
|
2.32
|
Violations
|
0.00
|
|
0.00
|
Assessment
Overpayment
|
0.00
|
|
0.00
|
Special
Assessments
|
0.00
|
|
0.00
|
Returned
Checks
|
0.00
|
|
0.00
|
Fee,
Returned Check
|
0.00
|
|
0.00
|
Other-Admin
|
30,000.00
|
|
4.10
|
Cobra
Payment
|
0.00
|
|
0.00
|
Fairfield
Newsletter
|
400.00
|
|
0.05
|
Advertising
|
0.00
|
|
0.00
|
Interest
|
6,000.00
|
|
0.82
|
REO
|
0.00
|
|
0.00
|
* Per
unit cost indicates combined total of PLPOA accounts and
Time Share multiplier.
|
|
|
|
|
TOTAL ADMIN. SERVICES INCOME:
|
965,394.00
|
|
131.92
|
|
|
|
|
|
|
|
|
INCOME-COVENANT & COMPLIANCE:
|
|
|
Covenant & Compliance Fees
|
15,000.00
|
|
2.05 |
Covenant & Compliance Fines
|
500.00
|
|
0.07
|
Other-Covenant & Compliance
|
0.00 |
|
0.00
|
|
|
|
|
TOTAL COVENANT & COMPLIANCE:
|
15,500.00
|
|
2.12
|
|
|
|
|
|
|
|
|
INCOME-PROPERTY & ENVIRONMENT:
|
|
|
Rent (Club House)
|
6,800.00
|
|
0.93
|
Fishing Permits
|
71,000.00
|
|
9.70
|
Property & Environment - Fines
|
300.00
|
|
0.04
|
Other (Seed/Fertilizer)
|
2,000.00
|
|
0.27
|
|
|
|
|
TOTAL PROPERTY & ENVIRONMENT:
|
80,100.00
|
|
10.95
|
|
|
|
|
|
|
|
|
|
INCOME-RECREATION AMENITIES:
|
|
|
|
Assignment of 1X Time Share multiplier
|
48,960.00
|
|
6.69
|
PLPOA Members
|
150,650.00
|
|
20.59
|
Sponsored Guest
|
6,500.00
|
|
0.89
|
Timeshare Owners
|
182,250.00
|
|
24.90
|
Sponsored Events/Programs
|
7,500.00
|
|
1.02
|
Rental Income
|
8,500.00
|
|
1.16
|
|
3,500.00 |
|
0.48 |
|
|
|
|
TOTAL RECREATION AMENITIES:
|
404,560.00
|
|
55.28
|
|
|
|
|
|
|
|
|
CARRY FORWARD
|
|
|
|
Carry Forward from 2005 Cash
|
115,000.00
|
|
15.71
|
|
|
|
|
TOTAL CARRY FORWARD
|
115,000.00
|
|
15.71
|
|
|
|
|
TOTAL INCOME:
|
1,580,554.00
|
|
215.98
|
|
|
|
|
|
|
|
|
EXPENSES-ADMINISTRATIVE SERVICES
|
|
|
Master Insurance
|
106,000.00
|
|
14.48
|
Insurance - Deductibles
|
10,000.00
|
|
1.37
|
Accounting Fee
|
0.00
|
|
0.00
|
Audit
|
5,500.00
|
|
0.75
|
Legal
|
25,000.00
|
|
3.42
|
Legal-Collections & Liens
|
3,000.00
|
|
0.41
|
Professional Fees
|
0.00
|
|
0.00
|
Payroll-Paychex
|
3,200.00
|
|
0.44
|
Total Payroll
|
206,480.00
|
|
28.22
|
Payroll - Overtime
|
2,000.00
|
|
0.27
|
Payroll Taxes
|
17,720.80
|
|
2.42
|
Life Insurance(Inc. total staff Life Ins)
|
2,700.00
|
|
0.37
|
Health Insurance
|
33,000.00
|
|
4.51
|
Vision Insurance
|
624.00
|
|
0.09
|
Disability
|
1,512.00
|
|
0.21
|
Dental Insurance
|
3,465.00
|
|
0.47
|
SAR-SEP (Retirement Plan)
|
11,523.90
|
|
1.57
|
Admin.-Cafeteria Plan
|
1,092.00
|
|
0.15
|
Insurance-Workman's Comp
|
1,440.00
|
|
0.20
|
Postage (Does not include newsletter)
|
13,000.00
|
|
1.78
|
Stationary, Copies, Printing
|
6,000.00
|
|
0.82
|
Office Supplies
|
6,000.00
|
|
0.82
|
Comp. & Equip. Repair, Upgrades & Tech Help
|
6,000.00
|
|
0.82
|
Equipment Leases
|
8,000.00
|
|
1.09
|
Newsletter Prep, Printing & Postage
|
28,000.00
|
|
3.83
|
Advertisement
|
1,500.00
|
|
0.20
|
Board & Comm. Meeting
|
500.00
|
|
0.07
|
Education-Seminar
|
5,500.00
|
|
0.75
|
Association Activities
|
2,400.00
|
|
0.33
|
Hospital district
|
5,000.00
|
|
0.68
|
USJHS/Humane Society
|
0.00 |
|
0.00
|
Gasoline, Mileage
|
250.00
|
|
0.03
|
Bank Charges
|
300.00
|
|
0.04
|
Archuleta Cty Animal Control
|
46,920.00
|
|
6.41
|
Dues & Fees
|
1,000.00
|
|
0.14
|
Subscriptions
|
1,200.00
|
|
0.16
|
Misc. & Contingency
|
10,000.00
|
|
1.37
|
Consulting
|
0.00
|
|
0.00
|
Capital Improvements (office equipment)
|
3,500.00
|
|
0.48
|
|
|
|
|
|
TOTAL ADMIN. SERVICES EXPENSE:
|
579,927.70
|
|
79.25
|
|
|
|
|
|
|
|
|
EXPENSES-COVENANT & COMPLIANCE:
|
|
|
Total Payroll
|
144,215.00
|
|
19.71
|
Payroll - Overtime
|
1,200.00
|
|
0.16
|
Payroll Taxes
|
12,258.28
|
|
1.68
|
Health Insurance
|
22,200.00
|
|
3.03
|
Vision Insurance
|
600.00
|
|
0.08
|
Disability
|
1,035.00
|
|
0.14
|
Dental Insurance
|
2,945.00
|
|
0.40
|
Insurance-Workman's Comp
|
1,680.00
|
|
0.23
|
SAR-SEP (Retirement Plan)
|
8,652.90
|
|
1.18
|
Office/Field Supplies/Uniforms
|
500.00
|
|
0.07
|
Printing (mailings, permits, brochures, Decs, maps)
|
1,600.00
|
|
0.22
|
Training
|
2,000.00
|
|
0.27 |
Professional Fees
|
0.00
|
|
0.00
|
ECC Expenses
|
780.00
|
|
0.11
|
Vehicle Gasoline
|
3,800.00
|
|
0.52
|
Vehicle Exp - Tahoe
|
1,000.00
|
|
0.14
|
Vehicle Exp - Ranger
|
1,500.00
|
|
0.20
|
Vehicle Exp - Tahoe
|
500.00
|
|
0.07
|
Contingency
|
250.00
|
|
0.03
|
Capital Expenditure ( 3 PDA's)
|
4,800.00
|
|
0.66
|
|
|
|
|
TOTAL COVENANT & COMPLIANCE EXPENSE:
|
211,516.18
|
|
28.90
|
|
|
|
|
|
EXPENSES-PROPERTY & ENVIRONMENT:
|
|
|
Total Payroll
|
170,390.00
|
|
23.28
|
Payroll - Overtime
|
3,000.00
|
|
0.41
|
Payroll Taxes
|
14,483.15
|
|
1.98
|
Health Insurance
|
14,400.00
|
|
1.97
|
Vision Insurance
|
672.00
|
|
0.09
|
Disability
|
1,080.00
|
|
0.15
|
Dental Insurance
|
2,940.00
|
|
0.40
|
Insurance-Workman's Comp
|
9,144.00
|
|
1.25 |
SAR-SEP (Retirement Plan)
|
7,247.40
|
|
0.99
|
Engineering & Surveying
|
2,500.00
|
|
0.34
|
Seminar/Training/CE
|
2,800.00
|
|
0.38
|
Vehicle Gas
|
4,000.00
|
|
0.55
|
Dept Auto #1/ 01 Ford
|
600.00
|
|
0.08
|
Dept Auto #2/ 95 Ford
|
900.00
|
|
0.12
|
Dept Auto #3/ 96 Ford
|
1,000.00
|
|
0.14
|
Dept Auto #4/ 98 - Suburban
|
900.00
|
|
0.12
|
Trailer Maintenance
|
200.00
|
|
0.03
|
Equipment Maintenance
|
600.00
|
|
0.08 |
Facilities Maintenance
|
3,800.00
|
|
0.52
|
Facilities Maintenance-Clubhouse
|
1,500.00
|
|
0.20
|
Janitorial Supplies
|
1,600.00
|
|
0.22
|
Landscaping-Adm. & Clubhouse
|
500.00
|
|
0.07
|
Signage
|
500.00
|
|
0.07
|
Roadside Cleanup/Adopt a Street
|
400.00
|
|
0.05
|
Fence Maint & Construction
|
300.00
|
|
0.04
|
Insect, Disease & Noxious Weeds
|
3,000.00
|
|
0.41
|
Grass Seed/Fertilizer
|
2,500.00
|
|
0.34
|
Uniforms/Tools Supplies & Exp
|
6,000.00
|
|
0.82
|
Lakes, Fisheries & Parks
|
5,000.00
|
|
0.68
|
Stocking & Food Chain
|
65,000.00
|
|
8.88
|
Weed & Algae Control
|
17,000.00
|
|
2.32
|
Enforcement/Signage
|
3,500.00
|
|
0.48
|
Consulting (Village Lake Survey)
|
6,000.00
|
|
0.82
|
Water Quality Testing
|
1,000.00
|
|
0.14
|
Kids Fishing Derby & Events
|
1,500.00
|
|
0.20
|
Parks Improvements & Maint
|
1,000.00
|
|
0.14
|
Porta Potties
|
2,800.00
|
|
0.38
|
Fire Mitigation
|
23,000.00
|
|
3.14
|
Capital Improvements-(plow, PO Box pads)
|
11,500.00
|
|
1.57
|
|
|
|
|
TOTAL PROPERTY & ENVIRONMENT EXPENSE:
|
394,256.55
|
|
53.87
|
|
|
|
|
|
EXPENSES-RECREATION
AMENITIES
|
|
|
|
Total
Payroll
|
156,279.00
|
|
21.36
|
Payroll
- Overtime
|
300.00
|
|
0.04
|
Payroll
Taxes
|
13,283.72
|
|
1.82
|
Health
Insurance
|
20,160.00
|
|
2.75 |
Vision
Insurance
|
528.00
|
|
0.07
|
Disability
|
1,044.00
|
|
0.14
|
Dental
Insurance
|
1,952.00
|
|
0.27
|
Insurance-Workman's
Comp
|
2,160.00
|
|
0.30
|
SAR-SEP
(Retirement Plan)
|
5,126.28
|
|
0.70
|
Office
Supplies, Printing Etc.
|
1,500.00
|
|
0.20
|
Uniforms |
450.00 |
|
0.06 |
Janitorial/Housekeeping
|
26,000.00
|
|
3.55
|
Telephone
|
1,800.00
|
|
0.25
|
Utilities
Gas
|
45,500.00
|
|
6.22
|
Utilities
Water
|
6,000.00
|
|
0.82
|
Utilities
Electric
|
21,000.00
|
|
2.87
|
Utilities
Waste Control
|
500.00
|
|
0.07
|
Utilities
TV
|
450.00
|
|
0.06
|
|
100.00 |
|
|
Utilities
Alarm
|
300.00
|
|
0.04 |
Professional
Fees
|
500.00
|
|
0.07
|
Seminar/Training
|
500.00
|
|
0.07
|
Business
Mileage Exp
|
500.00
|
|
0.07
|
Maintenance
Building
|
15,000.00
|
|
2.05 |
Maintenance
- Pool
|
11,000.00
|
|
1.50
|
Maintenance-Grounds
& Parking
|
2,000.00
|
|
0.27
|
Supplies,
Building
|
3,750.00
|
|
0.51
|
Supplies,
Recreation Program (Equipment)
|
2,500.00
|
|
0.34
|
Merchandise |
2,500.00 |
|
0.34 |
Promotional
Events/Advertising
|
2,250.00
|
|
0.31
|
Capital
Expenditure(Defib.)
|
2,500.00
|
|
0.34
|
(Xeriscape) |
3,000.00 |
|
0.41 |
TOTAL
RECREATION AMENITIES EXPENSE:
|
350,533.00 |
|
47.90
|
|
|
|
|
EXPENSES-UTILITIES:
|
|
|
|
Cellular
Phones
|
2,400.00
|
|
0.33
|
Gas
Admin
|
2,125.00
|
|
0.29
|
Electric
Admin
|
4,800.00
|
|
0.66
|
Water
Admin
|
1,380.00
|
|
0.19 |
Waste
Control Admin
|
912.00
|
|
0.12
|
Gas
Shop
|
3,000.00
|
|
0.41
|
Electric
Shop
|
1,400.00
|
|
0.19
|
Water
Shop
|
760.00
|
|
0.10
|
Waste
Shop
|
180.00
|
|
0.02
|
Street
Lights
|
1,200.00
|
|
0.16
|
Telephone(All
Depts Except Rec)
|
6,600.00
|
|
0.90
|
Gas
Clubhouse
|
4,400.00
|
|
0.60
|
Electric
Clubhouse
|
2,160.00
|
|
0.30
|
Water
Clubhouse
|
790.00
|
|
0.11
|
Aerator
|
11,500.00
|
|
1.57
|
Internet
|
600.00
|
|
0.08
|
|
|
|
|
|
|
|
|
TOTAL
UTILITIES EXPENSE:
|
44,207.00
|
|
6.04 |
|
|
|
|
|
|
|
|
TOTAL
OPERATING EXPENSES:
|
1,580,440.42
|
|
215.97
|
NET
OPERATING INCOME:
|
113.58
|
|
0.02
|
|
|
|
|
RESERVE
TRANSFER
|
|
|
|
Reserve
Transfer
|
100,926.00
|
|
|
TOTAL
RESERVE TRANSFER
|
100,926.00
|
|
|
|
|
|
|
INCOME-RESTRICT.
RESERVE:
|
|
|
|
Reserve
- Restricted
|
100,926.00
|
|
|
Interest
|
10,000.00
|
|
|
TOTAL
RESERVE INCOME:
|
110,926.00
|
|
|
|
|
|
|
EXPENSES-RESERVE:
|
|
|
|
Reserve
Expense-DAS:
|
|
|
|
Floor Coverings |
9,009.00 |
|
|
Reserve Expense-DCC:
|
|
|
4,132.00 |
Dig. Camera 2 |
888.00 |
|
|
Dell Computer - Sue |
1,400.00 |
|
|
Computer - Margaret |
1,400.00 |
|
|
HP Desktop 3820 |
444.00 |
|
|
Reserve
Expense-DPE:
|
|
|
|
Parking Lot - Admin. |
100,00.00 |
|
|
96 F350 Truck Utility Bed |
36,930.00 |
|
|
Reserve
Expense-DRA:
|
|
|
|
Pool Resurface
|
25,979.00 |
|
|
TOTAL
RESERVE EXPENSES:
|
176,050.00
|
|
|
NET
RESERVE INCOME:
|
-65,124.00
|
|
|
|
|
|
|
PHYSICAL
PLANT & REC EXPANSION INCOME:
|
|
|
|
Contibutions Physical Plant
|
40,000.00 |
|
|
Contributions Rec Center |
35,000.00 |
|
|
Interest
|
2,000.00 |
|
|
TOTAL
PHYSICAL PLANT / REC INCOME:
|
77,000.00 |
|
|
|
|
|
|
|
PHYSICAL
PLANT & REC
EXPENSE:
|
|
|
|
Capital
Improvements-Physical Plant
|
|
|
|
1. North Pagosa Blvd. Path Paving $40,000.00 |
|
|
|
2.Martinez Parking $5,000.00 |
|
|
|
Lake Forest/N. Pagosa Trail |
|
|
|
TOTAL
PHYSICAL PLANT / REC EXPENSE
|
0.00
|
|
|
|
|
|
|
NET
INCOME PHYSICAL PLANT:
|
0.00
|
|
|
|
|
|
|
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Contents ©2004-2006 by Pagosa Lakes Property
Owners Association
Web Site design ©2004-2006 by Pagosa
Media
|
