| For a complete budget listed by general accounting ledger account number please follow the link. | |
| INCOME | |
| Assessments | $329,400 |
| Interest Income - Operations | 30 |
| Interest Income - Reserves | 3,525 |
| TOTAL INCOME | $332,955 |
| EXPENSES: Utilities | |
| Electricity | $ 6,700 |
| Telephone | 400 |
| Water and Sewer | 3,000 |
| Sub-Total | $ 10,100 |
| EXPENSES: Contracted Services | |
| Management Contract | $ 29,087 |
| Grounds Maintenance Contract | 39,490 |
| Trash Removal Contract | 45,000 |
| Snow Removal Contract | 16,800 |
| Sub-Total | $130,377 |
| EXPENSES: Repairs & Maintenance | |
| General Maintenance & Repair | $ 7,500 |
| Landscaping | 7,000 |
| Sub-Total | $ 14,500 |
| EXPENSES: Pool | |
| Pool Management | $ 39,267 |
| Pool Repair & Maintenance | 8,000 |
| Sub-Total | $ 47,267 |
| EXPENSES: General & Administrative | |
| Bank Service Charge | $ 240 |
| Committees | 7,850 |
| Accounting & Audit | 2,650 |
| Bad Debt | 1,220 |
| Secretarial Service | 1,500 |
| Postage & Mail | 3,000 |
| Billing Statements | 1,800 |
| Printing & Reproduction | 3,500 |
| Legal Fees | 8,000 |
| Licenses & Fees | 275 |
| Website | 150 |
| Miscellaneous | 100 |
| Sub-Total | $ 30,285 |
| EXPENSES: Taxes & Insurance | |
| Insurance - General | $ 5,714 |
| Taxes | 0 |
| Sub-Total | $ 5,714 |
| OPERATIONS EXPENSES | $238,243 |
| EXPENSES: Reserves | |
| Replacements for Reserves Contribution | $ 88,802 |
| Reserve Interest Contribution | 3,525 |
| Operating Reserve Contribution | 2,385 |
| Sub-Total | $ 94,712 |
| TOTAL EXPENSES | $332,955 |
Park West Community Association
c/o Summit Management Services
Attn: Lori RandallLori Randall
8405-A Richmond Highway
Alexandria, VA 22039
pwca@parkwestcommunity.org