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WASHINGTON PLAZA CLUSTER ASSOCIATION - 2003 PROPOSED BUDGET
TABLE A, EXPENSES:
2000 Actual 2001 Actual 2002 Proposed 2002 Actual 2003 Proposed
1. Administraion/Misc 58.00 169.00 300.00 274.00 300.00
2. Insurance 732.00 833.00 2,750.00 2,731.00 1,800.00
3. Taxes 363.88 180.70
4. Legal 50.00 182.88 200.00 1,005.94 1,000.00
5. Mowing 6,799.00 7,489.00
6. Landscape Plantings 2,128.14
7. Landscape Maintenance 8,138.75 11,246.79
Grounds Care Contractor (Items 5, 6, 7 combined) 10,000.00 7,079.94 10,000.00
8. Other Grounds Care, including tree trimming 6,758.00 4,000.00
9. Street Paving and Sidewalks
10. Energy (streetlights) 1,513.80 1,544.39 1,600.00 1,551.80 1,600.00
11. Streetlight Maintenance 1,090.92 1,596.07 1,600.00 845.08 2,000.00
12. Snow Removal 2,372.00 1,146.25 1,000.00 2,000.00
13. Trash Collection 9,418.99 9,794.16 10,000.00 10,220.28 10,250.00
14. Retaining Walls
15. Wood Docks 20,100.00 20,511.28
16. Washinton Plaza Security 1,200.00
17. Other (signs, etc.) 299.48 3,278.30 1,000.00 137.03 500.00
Total 32,964.96 37,460.54 48,550.00 52,314.35 33,450.00
TABLE B, NET DEPOSITS OR(WITHDRAWALS) TO/FROM RESERVES:
-13,696.89
TABLE C, INCOME:
Dues and other fees 32,201.00 34,615.00 37,600.00 39,734.00 39,950.00
Checking account interest 78.52 47.96 22.22
Money Market interest 883.03 749.94 216.39
Total 33,162.55 35,412.90 39,972.61
TABLE D, ASSETS:
Checking account year end 12,970.36 10,172.78 11,311.54
Money Market (Reserves) year end 31,376.09 32,126.03 18,645.53
Dues Receivable year end 5,825.00 6,916.00 5,887.00
Expenses Reimbursable year ead 300.00
Total 50,171.45 49,214.81 36,144.07
TABLE E, DUES - per property unit: (Note:  the 2002 amount for insurance of
1995: $800 yearly $2,431 is because of two payments in
1996: $800 the same year for the newly added
1997: $700 directors & officers insurance.  For 2003 and
1998: $700 thereafter, the expected insurance total amount
1999: $700 will be approximately $1,800 per year.)
2000: $700
2001: $750 Note:  in 2002, Other Grounds Care included
2002: $800 $3,760 for trees removal and trimming.)
2003: $850