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 2010 Great Island Budget Estimate
 

Great Island
Assessment
Budget Estimate
Expenses & Income
Service Contracts
The Pinehills
Assessment
Budget Estimate
Expenses & Income

 

The Great Island budget is used to assess each unit an equal proportion of the cost of operating the community. If costs exceeds the budgeted amount, a special assessment is made to all units.

ASSUMPTION: 451 homes paying $250 per month in July, 2010 (i.e.. annual average). 

Great Island
Budget Estimates


Next Year's
Budget 
(Projected)
$1,311,548
Download

Income vs. Expenses (Year to Year)

Great Island
Year To Year
Income vs Expenses


YEAR

2009

2010 2011 2012 2013
Income (Actual) $1,078,153
Expenses (Actual) $969,630
Surplus / (Deficit) $34,080

Great Island Reserve Funds

Great Island
Reserve Funds


2009 (YTD)
Asset Replacement Reserve* $327,617
Working Capital Reserve $211,000
TOTAL $538,617

*6% of income goes into the Asset Replacement Reserve.

 

© Copyright 2010 Stephen C. Travis, all rights reserved.