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5419 SOUTH MASSASOIT AVENUE CONDOMINIUM
5/1/22 thru 10/31/22 1-1-23 thru 12-31-23 1-1-23 thru 12-31-23
ANNUAL BUDGET 1/1/23/ thru 12/31/23
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Monthly assessments Units: 1,6,9$170.00$200.00$2,400.00$7,200.00
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Monthly assessments Units: 2,3,4,5,7,8,10,11$250.00$300.00$3,600.00$28,800.00
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Reserve assessments Units: 1,6,9
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Reserve assessments Units: 2,3,4,5,7,8,10,11
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Special Assements ( see below)
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Revenue
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Deliquencies$37,829.00
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Fines
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Late Fees
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Laundry revenue
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Subtotal $36,000.00
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EXPENSESMONTHLYANNUAL EXPENSES
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Accountant$83.33$1,000.00
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Attorney Fees$333.33$4,000.00
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Bank service charges
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Building Supplies$25.00$300.00
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Electric$58.33$700.00
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Exterminator
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Fire equipment annual inspection$12.50$150.00
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Garbage Pick-Up$175.00$2,100.00
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Gas$966.66$11,600.00
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Insurance $333.33$4,000.00
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Lanscaping/Snow plowing$250.00$3,000.00
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Maintenance fees ( deducted)$166.66$2,000.00
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Management Office
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Towing service
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Water$541.66$6,500.00
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Total Operating Expenses$2,945.80$35,350.00
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Special Assessments-Repairs/Capital Improvements
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Architect/// PAID BY THE BOARD PRESIDENT$2,000.00
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Attorney/// PAID BY THE BOARD PRESIDENT$6,000.00
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Fence ( REAR)
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Fix Door in Laundry room
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Fix Window in Laundry room
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New Exterior Lights ( REAR)
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New Mailboxes with Locks
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Paving and Parking Lot
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Washer and Dryer
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Total $8,000.00
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PLEASE NOTE: THE MONTHLY ASSESSMENTS ARE DUE BY THE 1ST DAY OF EACH MONTH. A LATE FEE OF $50.00 WILL BE APPLIED AFTER THE 10TH OF EACH MONTH AND WILL ACCRUE
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ON THE 1ST DAY OF EVERY MONTH UNTIL THE DELIQUENT ASSESSMENT IS PAID IN FULL.
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PLEASE NOTE: THE FOLLOWING SPECIAL ASSESSMENTS MUST BE PAID IN FULL BY 3/1/23 ($ 6668.00 TOTAL)
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$534.00/ UNITS 6,9
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$800.00 /UNITS 3,4,5,7,8,10 11
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