| 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 | 5,147 |
| TOTAL INCOME | $367,067 |
| 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 | 5,147 |
| Sub-Total | $ 110,199 |
| TOTAL EXPENSES | $367,067 |
Park West Community Association
c/o Summit Management Services
Attn: Lori RandallLori Randall
8405-A Richmond Highway
Alexandria, VA 22039
pwca@parkwestcommunity.org