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WASHINGTON PLAZA CLUSTER ASSOCIATION
2004 PROPOSED BUDGET
TABLE A, EXPENSES: 2001 2002 2003 2003 2004
Actual Actual Proposed Actual Proposed
1 Administration/Misc  $                  169.00  $       280.00  $      300.00  $      167.00  $      300.00
2 Insurance                      833.00        2,731.00       1,800.00       1,782.00       1,800.00
3 Taxes                      180.70
4 Legal                      182.88        1,005.94       1,000.00       1,611.92       5,000.00
5 Mowing                   7,489.00
6 Landscape Plantings
7 Landscape Maintenance                 11,246.79
   Grounds Care Contractor (5, 6, 7 combined)        7,079.94     10,000.00       7,530.00     10,000.00
8 Other Grounds Care (includes tree trim)        6,758.00       4,000.00          600.00
9 Street Paving & Sidewalks                 -  
10 Energy (streetlights)                   1,544.39        1,551.80       1,600.00       1,549.77       1,700.00
11 Streetlight Maintenance                   1,596.07           845.08       2,000.00          300.00          500.00
12 Snow Removal                   1,146.25       2,000.00       7,625.00       5,000.00
13 Trash Collection                   9,794.16      10,220.28     10,250.00     10,362.96     11,000.00
14 Retaining Walls       5,000.00
15 Wood Docks      20,511.28          300.00          500.00
16 Washington Plaza Security        1,200.00       2,800.00       2,000.00
17 Other (signs, etc.)                   3,278.30           137.03          500.00
Totals  $             37,460.54  $  52,320.35  $ 33,450.00  $ 34,628.65  $ 42,800.00
TABLE B, INCOME:
Dues & other fees  $             34,615.00  $  39,740.00  $ 39,950.00  $ 40,181.00  $ 42,300.00
Checking account interest                        47.96             22.22            11.42
Money Market interest                      749.94           216.39          103.73
Other          952.93
Totals  $             35,412.90  $  39,978.61  $ 41,249.08
TABLE C, NET DEPOSITS OR (WITHDRAWALS) TO/FROM RESERVES:
($13,696.89) $6,300.00
TABLE D, ASSETS:
Checking account year end  $             10,172.78  $  11,311.54  $ 11,528.24
Money Market (Reserves) yr end                 32,126.03      18,645.53     25,049.26
Dues Receivable yr end                   6,916.00        5,887.00       7,392.92
Expenses Reimbursable yr end           300.00
Totals  $             49,214.81  $  36,144.07  $ 43,970.42
TABLE E, DUES - per property unit:
  1996:  $800. yearly (Note:  the 2002 amount for insurance
  1997:  $700. of $2,731 is because of two payments
  1998:  $700. in the same year for the newly added
  1999:  $700. directors & officers insurance.)
  2000:  $700.
  2001:  $750. (Note:  the 2003 Other Income was from $534.93 in
  2002:  $800. Federal tax return & interest, $118.00 in State tax
  2003:  $850. return & interest, & $300 in a reimbursed expense.)
  2004:  $900.
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