2019 Budget

For a complete budget listed by general accounting ledger account number please follow the link.
INCOME
Assessments $361,800
Interest Income - Operations 120
Interest Income - Reserves 3,525
TOTAL INCOME $365,445
EXPENSES: Utilities
Electricity $ 6,700
Telephone 400
Water and Sewer 2,700
Sub-Total $ 9,800
EXPENSES: Contracted Services
Management Contract $ 30,273
Grounds Maintenance Contract 42,460
Trash Removal Contract 47,363
Snow Removal Contract 16,800
Sub-Total $136,896
EXPENSES: Repairs & Maintenance
General Maintenance & Repair $ 9,000
Landscaping 9,171
Sub-Total $ 18,171
EXPENSES: Pool
Pool Management $ 40,000
Pool Repair & Maintenance 12,000
Sub-Total $ 52,000
EXPENSES: General & Administrative
Bank Service Charge $ 240
Committees 2,000
Accounting & Audit 2,700
Bad Debt 1,340
Architectural Control 1,100
Pool Committee 2,600
Postage & Mail 3,000
Billing Statements 1,800
Printing & Reproduction 3,500
Newsletter 1,150
Legal Fees - General 7,000
Legal Fees - Collections 7,000
Licenses & Fees 190
Social Events 1,200
Website 200
Miscellaneous 100
Reserve Study Update 5,000
Sub-Total $ 34,120
EXPENSES: Taxes & Insurance
Insurance - General $ 5,881
Taxes 0
Sub-Total $ 5,881
OPERATIONS EXPENSES $256,868
EXPENSES: Reserves
Replacements for Reserves Contribution $ 105,052
Reserve Interest Contribution 3,525
Sub-Total $ 108,577
TOTAL EXPENSES $365,445

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