Greenridge I HOA

Dues and How Your Money is Spent - the Budget

 

 

The Dues amount to $275 annually. The Dues are payable in January of each year in full.

 

The total annual budget is $21,450 and is spent as follows:

 

Adminsitrative Expenses:

     Accounting Expenses                                      $   275                                                                                          To Print or see the PDF Version Double

     Insurance Expenses                                         $1,625                                                                                          CLick the below ICON.

     Bank Service Charges                                      $     60

     Legal Fees                                                         $    500

     Annual Report Filing Fee                                 $      62

     Office Supplies                                                 $    625

     Collection Expense                                          $    720

     Miscellaneous Expense                                   $    200

 

Utilities

     Electric Power (Entrance Lights)                    $1,650

     Water (Irrigation)                                               $  800

 

Contract Services

     Lake Maintenance                                            $2,400        fees paid to the Lake Doctors to maintain the 3 ponds

     Landscape Maintenance                                 $5,000        this includes maintenance of irrigation system

     Management Fees                                            $4,210       fees paid to PMSI for paying bills, collectiing fees, all based on cost per home basis

     Lawn Fertilizer/Pest Control                           $    340

 

Maintenance/Repair Expense

     General Repair/Maintenance/Supplies          $   250