Documents
McCormick Ranch Property Owners' Association Budget
Income and Expenses
2010 Budget
Actual Actual Budget
2008 2009 2010
Assessment Fee Income 2,872,711 3,055,480
3,400,000
Maintenance Agreement Income 156,503 147,046
153,000
Interest Income 87,901 86,379
85,000
Transfer, Purchaser Stmt Fees 85,226 82,127
80,000
Miscellaneous Income 45,370 24,975
4,000
Total Income 3,247,711 3,396,007
3,722,000
 
Payroll - Administration 450,364 451,882
466,000
Payroll - Maintenance 764,535 800,014
836,000
Employee Taxes and Worker's Comp 117,030 114,078
130,000
Employee Benefits 349,769 384,143
413,000
Transportation 81,458 58,609
63,000
Supplies - Office 47,565 58,248
64,000
Supplies - Landscape 86,571 69,520
89,000
Supplies - Grounds 39,275 37,215
47,000
Utilities - Water 338,767 364,425
379,000
Utilities - Electric 60,772 65,423
73,000
Utilities - Lake Electric 24,487 24,902
27,000
Postage & Communications 29,190 29,703
34,000
Legal Services 39,013 4,236
26,000
Contract Services 71,847 90,283
92,000
Maintenance - Sprinklers 19,682 26,084
34,000
Maintenance - Vehicles 43,915 46,367
44,000
Maintenance - Tree Services 89,815
83,383
90,000
Maintenance - Other 36,769 39,988
45,000
Lake Maintenance - Golf Course 40,180 41,785
42,000
Lake Maintenance - Chemicals & Fish 5,225 5,443
10,000
Equipment 86,420 25,180
150,000
Equipment - Rental 309 271
2,000
Property Taxes 642 688
1,000
Insurance 81,056 81,397
86,000
Improvement Projects 107,706 251,588
170,000
Other Expenses 13,799 11,837
18,000
Total Expenses   3,026,161 3,166,692
3,431,000
 
NET INCOME 221,550 229,315
291,000
 
 
Employees:
Maintenance (Avg) 26 25 25
Administrative (Avg) 7 6 6
Total  (Avg) 33 31 31
 
Assessment Rate 180 185 185
C.P.I. Rate (Aug. - Prev. Year) 2.0 2.5 1.4
Assessment Rate (Maximum) 185 185 190
Home | Account | Resources
Important Documents | Administration | Title Company Requests
Events | Forms | Contact
IT Power Force design