2018 Budget

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
For a complete budget listed by accounting ledger entry please follow the link.

Park West Community Association
c/o Summit Management Services
Attn: Lori RandallLori Randall
8405-A Richmond Highway
Alexandria, VA 22039
pwca@parkwestcommunity.org