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SCROLL DOWN THE PAGE FOR PREVIOUS BUDGETS
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CHIMNEY HILL ESTATES ASSOCIATION, INC. - 2026 APPROVED BUDGET
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Actual Expenses2025 Approved Budget2026 Approved Budget
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Oct '23 To Oct '24Oct '24 To Oct '25Per Unit Per Mo.Comments
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INCOME DETAILS
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 Monthly Fees$171,600.00$171,600.00$192,720.00$192,720.00$365.0044 * $365 per mo. * 12 mos.
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 Other Income
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Total Income$171,600.00$171,600.00$192,720.00$192,720.00$365.00
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EXPENSE DETAILS
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CONTRACT SERVICES
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 Lawn Care Maintenance$51,513.30$45,969.78$53,500.00$53,500.00$101.33
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 Snow Removal & Sand/Salt$24,132.09$32,729.22$39,000.00$38,000.00$71.97
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 Fertilization, Etc.$10,506.26$14,985.87$11,000.00$11,000.00$20.83
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 Irrigation System Maintenance$5,344.89$7,911.42$6,000.00$7,000.00$13.26
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 Tree Maintenance$11,101.88$6,843.70$8,000.00$8,000.00$15.15
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 Trash Removal$14,084.00$14,122.03$15,500.00$15,500.00$29.36
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Total Contract Services$116,682.42$122,562.02$133,000.00$133,000.00$251.89
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% of Total Expenses69.01%69.01%
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OTHER MAINTENANCE
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 Sidewalk/Asphalt/Lights, Etc.$0.00$25,450.68$1,000.00$1,500.00$2.84
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 Misc Grounds Maintneance$1,165.97$13,999.33$2,800.00$3,395.00$6.43
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 Seasonal Plantings$1,707.50$2,537.81$3,000.00$3,000.00$5.68
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 Landscape Maintenance$2,719.82$2,040.07$3,000.00$3,000.00$5.68
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Total Other Maintenance$5,593.29$44,027.89$9,800.00$10,895.00$20.63
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% of Total Expenses5.09%5.65%
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UTILITIES
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 Electricity$1,734.12$2,230.96$2,600.00$2,500.00$4.73
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 Water$12,919.47$22,204.12$15,000.00$15,500.00$29.36
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Total Utilities$14,653.59$24,435.08$17,600.00$18,000.00$34.09
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% of Total Expenses9.13%9.34%
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INSURANCE
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 Insurance-Property/Liability$4,383.00$4,374.00$4,400.00$4,500.00$8.52
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 Insurance D&O$843.00$935.00$900.00$975.00$1.85
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Total Insurance$5,226.00$5,309.00$5,300.00$5,475.00$10.37
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% of Total Expenses2.75%2.84%
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ADMINISTRATIVE
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 Audit /Tax return$1,053.34$2,652.73$1,470.00$0.00$0.00
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 State Filing$50.00$50.00$50.00$50.00$0.09
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 Postage, General Office$3,810.87$806.06$1,500.00$1,300.00$2.46
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Total Administrative$4,914.21$3,508.79$3,020.00$1,350.00$2.56
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% of Total Expenses1.57%0.70%0.70%
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CAPITAL RESERVE
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 Annual Contribution$10,800.00$20,700.00$24,000.00$24,000.00$45.45$900 per mo. X 12
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 Additional Contribution$1,915.39$0.00
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Total Reserve Contribution$12,715.39$20,700.00$24,000.00$24,000.00$45.45
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% of Total Expenses12.45%12.45%
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TOTAL EXPENSES$159,784.90$220,542.78$192,720.00$192,720.00$365.00
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BANK ACCOUNTS - 1-Oct-241-Oct-25
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 Capital Reserve Balance$111,258.13$159,960.25Incl accrued, CD Interest
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 Operating Reserve Balance$14,211.87$14,212.31Includes accrued interest
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 Checking Acct Balance$8,594.11$16,886.91
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 Pre-Payment Balance$1,375.38$3,986.47Includes accrued interest
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 High Interest Savings$99,167.09$38,833.19Incl accrued, CD Interest
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CHIMNEY HILL ESTATES ASSOCIATION, INC. - 2024 APPROVED BUDGET
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Actual Expenses2023 Approved Budget2024 Approved Budget
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Oct '21 To Oct '22Oct '22 To Oct '23Per Unit Per Mo.Comments
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INCOME DETAILS
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 Monthly Fees$171,600.00$171,600.00$171,600.00$171,600.00$325.0044 * $325 per mo. * 12 mos.
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 Other Income$212.74
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Total Income$171,812.74$171,600.00$171,600.00$171,600.00$325.00
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EXPENSE DETAILS
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CONTRACT SERVICES
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 Lawn Care Maintenance$51,072.60$53,121.84$52,000.00$53,500.00$0.00
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 Snow Removal & Sand/Salt$31,835.88$21,546.53$37,000.00$36,000.00$68.18
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 Fertilization, Etc.$9,390.42$8,944.66$11,000.00$10,100.00$19.13
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 Irrigation System Maintenance$4,743.16$4,516.59$5,000.00$5,000.00$9.47
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 Tree Maintenance$5,636.66$5,942.10$8,000.00$7,000.00$13.26
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 Trash Removal$13,211.00$12,428.00$13,500.00$13,500.00$25.57
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Total Contract Services$115,889.72$106,499.72$126,500.00$125,100.00$236.93
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% of Total Expenses62.79%73.72%72.90%
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OTHER MAINTENANCE
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 Sidewalk/Asphalt/Lights, Etc.$9,403.29$2,500.00$2,010.00$2,500.00$4.73
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 Misc Grounds Maintneance$12,181.21$1,650.58$3,850.00$3,850.00$7.29
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 Seasonal Plantings$2,248.81$3,041.22$3,000.00$3,000.00$5.68
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 Landscape Maintenance$3,232.53$1,666.05$3,000.00$3,000.00$5.68
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Total Other Maintenance$27,065.84$8,857.85$11,860.00$12,350.00$23.39
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% of Total Expenses14.66%6.91%7.20%
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UTILITIES
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 Electricity$1,860.06$1,380.78$3,000.00$1,360.00$2.58
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 Water$20,427.50$16,402.52$13,000.00$15,000.00$28.41