SUN VALLEY ELKHORN ASSOCIATION

Approved Operational Budget

2007-2008

06-07 Approved

06-07 Actual

07-08 Approved

2006-07

2006-07

2007-08

Revenue

Approved

Actual

Approved

301 · Member Assessments

822,640

826,618

836,420

305 · Harker Center Rental

6,500

6,175

1,200

310 · Lien Charges

800

1,182

800

315 · Interest Income

11,000

17,007

15,000

316 · Demand Ltr/Finance Chg

1,325

705

1,450

327 · Swim Team

-

2,275

-

328 · Aqua Aerobics

1,750

1,772

1,750

331 · Diving School

100

0

0

336 · VHB Sp Assessment

-

810

-

337 · Owner Lists

-

200

-

341 · ADC Income

16,300

13,425

15,000

350 · Other Income

-

95

-

399 · Op Surplus Income

-

-

-

Total Revenue

860,415

870,265

871,620

2006-07

2006-07

2007-08

Expense Management

Approved

Actual

Approved

401 · Legal

30,000

24,132

25,000

403 · Misc Bank Charges

225

269

250

405 · Accounting

6,800

6,789

7,000

410 · Meeting Expense

12,000

11,124

15,000

411 · Director Travel

3,000

2,568

3,000

415 · Office Supplies

4,000

3,726

4,000

416 · Stationary

1,500

1,187

1,500

417 · Statements/Checks

-

-

600

418 · Computer & Web-site Support

6,600

6,525

7,000

419 · Education

2,900

1,532

2,000

421 · Amenity Cards

1,500

1,814

1,500

425 · Office Machine Maintenance

500

0

500

430 · Employee Health Insurance

34,878

27,972

32,600

431 · Administrative Payroll

256,230

247,965

257,700

431A . Admin Part-time Payroll

-

-

10,000

432 · Payroll Taxes

26,143

24,439

27,395

433 · Workers Comp Ins

2,780

2,928

3,100

434 · Retirement

11,870

11,960

12,562

440 · Postage

6,100

6,253

6,100

442 · Auto

2,500

1,449

2,500

443 · ADC Expense

23,000

12,083

14,400

445 · Copier Maint Agrmt

2,500

1,923

2,600

447 · Telephone

3,100

4,108

3,810

448 · Pitney Bowes Leased Equip

3,900

3,845

3,900

Total Management Expense

442,026

404,588

444,017

2006-07

2006-07

2007-08

Expense Common Area

Approved

Actual

Approved

460 · Electricity

350

408

340

470 · Landscaping

27,300

23,098

27,750

475 · Snow Removal

5,000

3,392

5,000

480 · Park Maintenance

200

31

200

483 · Pond Maintenance

1,800

200

4,500

484 · Park Supplies

200

2

200

485 · Trash Pickup

900

1,012

1,000

486 · Water/Irrigation

3,450

3,963

3,970

487 · Open Space Maintenance

500

482

500

488 · Fire Extinguishers

100

139

100

489 · Weed Control

4,500

4,258

12,000

Total Common Area Expense

44,300

36,984

55,560

2006-07

2006-07

2007-08

Expense Village Pool

Approved

Actual

Approved

500 · Water & Sewer - VP

1,265

1,538

2,115

501 · Electricity - VP

4,500

4,995

4,860

502 · Natural Gas - VP

23,750

22,244

22,100

503 · Maint/Repair-VP

7,000

5,260

6,800

504 · Supplies - VP

1,600

2,539

1,700

505 · Towels - VP

600

484

600

506 · Chemicals - VP

3,250

2,101

3,250

507 · Uniforms - VP

400

200

400

508 · Telephone - VP

525

526

525

509 · Payroll - VP

56,000

51,701

52,000

510 · Payroll Taxes VP

5,822

4,979

5,200

511 · Workers Comp-VP

2,750

2,874

2,900

513 · Cleaning-VP

2,220

-

-

514 · Security Alarm - VP

325

324

325

Total Expense Village Pool

110,007

99,763

102,775

2006-07

2006-07

2007-08

Expense Harker Pool

Approved

Actual

Approved

515 · Water & Sewer - HP

460

288

460

516 · Electricity - HP

3,100

3,956

3,440

517 · Natural Gas - HP

12,500

8,036

10,500

518 · Maintenance - HP

3,000

2,590

4,000

519 · Supplies - HP

1,500

2,278

1,500

520 · Towels - HP

600

484

600

521 · Chemicals - HP

1,600

2,101

2,000

522 · Uniforms - HP

400

258

400

523 · Telephone - HP

475

478

475

524 · Payroll - HP

64,250

40,152

53,290

525 · Payroll Taxes

6,740

3,867

5,329

526 · Workers Comp- HP

2,750

2,874

3,100

528 · Cleaning - HP

3,150

-

-

529 · Security Alarm - HP

160

156

160

Total Expense Harker Pool

100,685

67,518

85,254

2006-07

2006-07

2007-08

Expense Harker Structure

Approved

Actual

Approved

531 · Cleaning - HS

5,200

5,840

6,250

532 · Electricity - HS

2,000

1,200

2,300

534 · Natural Gas - HS

2,415

2,395

2,700

535 · Maintenance - HS

1,500

1,666

1,500

536 · Supplies -HS

1,250

1,259

1,250

539 · Cable TV - HS

275

235

300

543 · Furnace Service - HS

150

227

150

555 · Water & Sewer - HS

1,055

1,364

1,500

556 · Kitchen Maintenance

300

203

300

557 · Alarm - HS

160

156

160

Total Expense Harker Structure

14,305

14,545

16,410

2006-07

2006-07

2007-08

Expense Tennis

Approved

Actual

Approved

606 · Electricity - Tennis

350

581

450

615 · Maintenance - Tennis

1,500

485

1,800

620 · Supplies - Tennis

1,700

1,201

1,600

625 · Maintenance Contract - Tennis

49,500

50,000

51,500

626 · Telephone - Tennis

60

52

60

Total Expense Tennis

53,110

52,318

55,410

2006-07

2006-07

2007-08

Expense Other

Approved

Actual

Approved

705 · Insurance - Association

48,300

43,771

49,250

707 · Professional Services

5,000

1,425

3,100

715 · Property Taxes

40

21

40

730- Tax Returns

20

20

20

745 · Tools/Equipment

2,500

2,292

2,500

748 · X/C Ski on Elkhorn Golf Course

-

5,000

-

750 · Other Expenses

1,000

2,100

2,150

801 · Park Drain

-

15

-

Total Other Expense

56,860

54,644

57,060

06-07 Approved

07-08 Approved

Total Management Expense

$ 442,026

$ 404,588

$ 444,017

Total Common Area Expense

$ 44,300

$ 36,984

$ 55,560

Total Expense Village Pool

$ 110,007

$ 99,763

$ 102,775

Total Expense Harker Pool

$ 100,685

$ 67,518

$ 85,254

Total Expense Harker Structure

$ 14,305

$ 14,545

$ 16,410

Total Expense Tennis

$ 53,110

$ 52,318

$ 55,410

Total Other Expense

$ 56,860

$ 54,644

$ 57,060

$ 821,293

$ 730,362

$ 816,486

Total Revenue

$ 860,415

$ 870,265

$ 871,620

Total Expenses

$ (821,293)

$ (730,362)

$ (816,486)

Operational surplus/shortfall

$ 39,122

$ 139,903

$ 55,134