TANGLEWOOD HILLS CONDOMINIUM Association name: Tanglewood Hills Condom Association number: 1547 General - Total # of Units 158 Fiscal year end: 12/31 Budget year: 2018 Budget type: M BUDGET APPROVED ACCT. NO. BUDGET ITEMS 2017 PRIOR BUDGET MONTH UNIT PER MONTH REVENUES 4001 Operating Income - General $ 694,941 $ 696,972 $ 58,081 $ 367.60 4100 Reserve Income - General 64,724 83,486 6,957 44.03 TOTAL REVENUE $ 759,665 $ 780,459 $ 65,038 $ 411.63 GENERAL EXPENSES (158 Units) 6003 Financial Review $ 2,100 $ 2,450 $ 204 1.29 6061 Insurance 87,026 87,000 7,250 45.89 6064 Website/Domain 200 200 17 0.11 6081 Licenses And Fees 330 329 27 0.17 6121 Electric 5,723 5,500 458 2.90 6141 Gas 1,930 1,500 125 0.79 6160 Water and Sewer 216,093 206,000 17,167 108.65 6241 Trash 37,200 36,700 3,058 19.36 6341 Landscape - Contract 44,406 44,406 3,701 23.42 6342 Irrigation Repair 3,000 1,500 125 0.79 6361 Landscape - Supplies/Extras 11,000 10,000 833 5.27 6371 Backflow Device Testing 300 0 0 0.00 6421 Pool & Hot Tub - Contract 2,800 2,800 233 1.48 6441 Pool - Extras 4,500 2,500 208 1.32 6500 Snow Removal 3,000 8,000 667 4.22 6622 Janitorial Supplies 4,500 2,500 208 1.32 6661 Common Area Maintenance/Repair 65,000 65,000 5,417 34.28 6681 Building Maintenance/Repair 40,000 48,103 4,009 25.37 6683 Light Repair 4,500 5,500 458 2.90 6685 Gutters 22,000 18,000 1,500 9.49 6686 Plumbing Repair 10,000 12,000 1,000 6.33 6690 Water Damage Repair 1,500 4,000 333 2.11 6759 Fire Extinguisher Testing 1,000 990 83 0.52 6781 Pest Control 0 459 38 0.24 6861 Professional Management 60,108 61,310 5,109 32.34 6881 Tax Preparation 225 225 19 0.12 6901 Professional Fees (Architect/Attorney) 15,000 15,000 1,250 7.91 6911 Printing, Postage, Special Services 9,800 8,000 667 4.22 6932 Reserve Study Update and Maint. Plan 900 0 0 0.00 6943 Loan Repayment 40,800 41,000 3,417 21.62 6981 Bad Debt 0 6,000 500 3.16 SUBTOTAL GENERAL EXPENSES $ 694,941 $ 696,972 $ 58,081 $ 367.60 GENERAL ALLOCATION (158 Units) 6810 Allocation To Reserves $ 64,724.00 $ 83,486 $ 6,957 $ 44.03 SUBTOTAL GENERAL S $ 64,724.00 $ 83,486 $ 6,957 $ 44.03 TOTAL BUDGETED EXPENSES $ 759,665 $ 780,459 $ 65,038 $ 411.63 Printed: 4/9/2018 BUDGET 1547 Tanglewood 2018 budget 030918
Reserve Study -- 158 Units # 1547 -- Tanglewood Hills Condominium ITEM GENERAL S (158 Units) $ 1.00 $ 1.00 BOARD REVISED Roofs - Composition 1 *RS $ 12,750.00 1 $ 12,750 $ 12,750 $ 5,856 Bark dust 1 *RS $ 8,000.00 1 $ 8,000 $ 8,000 $ 3,674 Building - concrete waterproof sub grade 1 *RS $ 636.00 1 $ 636 $ 636 $ 292 Building - Decks & Guardrail (I) 1 *RS $ 8,111.00 1 $ 8,111 $ 8,111 $ 3,725 Building - Decks & Guardrail (II) 1 *RS $ 7,435.00 1 $ 7,435 $ 7,435 $ 3,415 Building - Front Elevation Concrete Piers (I) 1 *RS $ 547.00 1 $ 547 $ 547 $ 251 Building - Front Elevation Concrete Piers (II) 1 *RS $ 95.00 1 $ 95 $ 95 $ 44 Building - Non -Skid Coating (II) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Building - Non-Skid Coating (I) 1 *RS $ 4,849.00 1 $ 4,849 $ 4,849 $ 2,227 Building - Non-Skid Coating (III) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Building - Non-Skid Coating (IV) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Building - Non-Skid Coating (VI) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Building - Patios, Concrete - partial replacement 1 *RS $ 792.00 1 $ 792 $ 792 $ 364 Building - Siding Wood - Repairs/Partial Replacement 1 *RS $ 1,491.00 1 $ 1,491 $ 1,491 $ 685 Building - Tile Wall Pool Building 1 *RS $ 140.00 1 $ 140 $ 140 $ 64 Building: Decks - Moss Treatment/Maintenance (I) 1 *RS $ 541.00 1 $ 541 $ 541 $ 248 Building: Exterior Maintenance 1 *RS $ 357.00 1 $ 357 $ 357 $ 164 Building: Siding, Wood - Replacement (I) 1 *RS $ 43,728.00 1 $ 43,728 $ 43,728 $ 20,082 Building: Siding, Wood - Replacement (II) 1 *RS $ 18,949.00 1 $ 18,949 $ 18,949 $ 8,702 Building: Siding, Wood - Replacement (III) 1 *RS $ 17,764.00 1 $ 17,764 $ 17,764 $ 8,158 Building: Wood Entry Deck Repairs 1 *RS $ 122.00 1 $ 122 $ 122 $ 56 Buildings - Stairs & Handrails, wood replacement (I) 1 *RS $ 12,277.00 1 $ 12,277 $ 12,277 $ 5,638 Buildings - Stairs & Handrails, wood replacement (II) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Doors/Windows - doors, wood - Replacement common are 1 *RS $ 180.00 1 $ 180 $ 180 $ 83 Doors/Windows - Replacement: Common areas 1 *RS $ 108.00 1 $ 108 $ 108 $ 50 Doors/Windows - Sliding Glass - Replacement : Common a 1 *RS $ 54.00 1 $ 54 $ 54 $ 25 Equipment - fire extinguishers 1 *RS $ 959.00 1 $ 959 $ 959 $ 440 Equipment - Shower - Replacement: Pool Building 1 *RS $ 84.00 1 $ 84 $ 84 $ 39 Equipment - Washer & Dryers 1 *RS $ 374.00 1 $ 374 $ 374 $ 172 Equipment - Water Heater Replacement 1 *RS $ 17.00 1 $ 17 $ 17 $ 8 Fencing - fence, chain link: garbage encl. 1 *RS $ 199.00 1 $ 199 $ 199 $ 91 Fencing - fence, wood - Partial Replacement 1 *RS $ 129.00 1 $ 129 $ 129 $ 59 Fencing - fence, wrought iron: pool building 1 *RS $ 404.00 1 $ 404 $ 404 $ 186 Fire Extinguisher - Enclosure Replacement 1 *RS $ 102.00 1 $ 102 $ 102 $ 47 Grounds Components - concrete walkways - Partial Replac 1 *RS $ 765.00 1 $ 765 $ 765 $ 351 Grounds Components - Curbs Partial Replacement 1 *RS $ 357.00 1 $ 357 $ 357 $ 164 Grounds Components - handrails, metal - Partial Replacem 1 *RS $ 205.00 1 $ 205 $ 205 $ 94 Grounds Components - irrigation repairs/upgrades 1 *RS $ 700.00 1 $ 700 $ 700 $ 321 Grounds Components - pathway: asphalt seal coat 1 *RS $ 108.00 1 $ 108 $ 108 $ 50 Grounds Components - Plumbing 1 *RS $ 1,021.00 1 $ 1,021 $ 1,021 $ 469 Gutters & Downspouts - Partial Replacement 1 *RS $ 1,034.00 1 $ 1,034 $ 1,034 $ 475 Insurance Deductible 1 *RS $ 510.00 1 $ 510 $ 510 $ 234 Interior Furnishings - Stone Flooring - Replacement: Pool B 1 *RS $ 79.00 1 $ 79 $ 79 $ 36 Lighting - Exterior 1 *RS $ 2,115.00 1 $ 2,115 $ 2,115 $ 971 Lighting - Exterior: Pole 1 *RS $ 784.00 1 $ 784 $ 784 $ 360 Lights - Interior 1 *RS $ 47.00 1 $ 47 $ 47 $ 22 Painting - Exterior 1 *RS $ 19,784.00 1 $ 19,784 $ 19,784 $ 9,086 Painting - Fence, Wrought Iron, Pool Building 1 *RS $ 213.00 1 $ 213 $ 213 $ 98 Painting - Handrails, Metal 1 *RS $ 311.00 1 $ 311 $ 311 $ 143 Painting - Handrails, Metal (II) 1 *RS $ 29.00 1 $ 29 $ 29 $ 13 Painting - Interior 1 *RS $ 95.00 1 $ 95 $ 95 $ 44 Recreation/Pool - pool deck 1 *RS $ 180.00 1 $ 180 $ 180 $ 83 Recreation/Pool - pool deck epoxy recoat (I) 1 *RS $ 123.00 1 $ 123 $ 123 $ 56 Recreation/Pool - pool deck epoxy recoat (II) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Recreation/Pool - pool deck epoxy recoat (III) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 Recreation/Pool - pool filter 1 *RS $ 164.00 1 $ 164 $ 164 $ 75 Recreation/Pool - pool furniture 1 *RS $ 45.00 1 $ 45 $ 45 $ 21 Recreation/Pool - pool heater 1 *RS $ 162.00 1 $ 162 $ 162 $ 74 Recreation/Pool - pool pump 1 *RS $ 73.00 1 $ 73 $ 73 $ 34 Recreation/Pool - pool re-plaster 1 *RS $ 2,155.00 1 $ 2,155 $ 2,155 $ 990 Roof Maintenance: Moss Treatment 1 *RS $ 82.00 1 $ 82 $ 82 $ 38 Sewer Line Repairs 1 *RS $ 408.00 1 $ 408 $ 408 $ 187 Site Drainage - Installation 1 *RS $ 408.00 1 $ 408 $ 408 $ 187 Printed: 4/9/2018 S 1547 Tanglewood 2018 budget 030918
Reserve Study -- 158 Units # 1547 -- Tanglewood Hills Condominium ITEM $ 1.00 $ 1.00 BOARD REVISED Streets/Asphalt - Overlay 1 *RS $ 6,594.00 1 $ 6,594 $ 6,594 $ 3,028 Streets/Asphalt - Seal Coat (I) 1 *RS $ 2,041.00 1 $ 2,041 $ 2,041 $ 937 Streets/Asphalt - Seal Coat (II) 1 *RS $ 0.00 1 $ 0 $ 0 $ 0 SUBTOTAL GENERAL S $ 181,786 $ 181,786 $ 83,486 TOTAL GENERAL S $ 181,786 $ 181,786 $ 83,486 Reserve Study by: Schwindt & Co. Dated 9/2013 Version #1 NOTE: Reserve Allocation Revised by Board Printed: 4/9/2018 S 1547 Tanglewood 2018 budget 030918
1547 -- Tanglewood Hills Condominium 2018 Assessments $ 65,038 Unit No. % Ownership Dues Dues, Rounded Unit No. % Ownership Dues Dues, Rounded 1 0.5550% $360.96 $361 44 0.5550% $360.96 $361 2 0.5550% $360.96 $361 45 0.4883% $317.58 $318 3 0.5550% $360.96 $361 46 0.4883% $317.58 $318 4 0.5550% $360.96 $361 47 0.4883% $317.58 $318 5 0.4883% $317.58 $318 48 0.4883% $317.58 $318 6 0.4883% $317.58 $318 49 0.5550% $360.96 $361 7 0.4883% $317.58 $318 50 0.5550% $360.96 $361 8 0.4883% $317.58 $318 51 0.4883% $317.58 $318 9 0.5550% $360.96 $361 52 0.4883% $317.58 $318 10 0.5550% $360.96 $361 53 0.4883% $317.58 $318 11 0.4883% $317.58 $318 54 0.4883% $317.58 $318 12 0.4883% $317.58 $318 55 0.5550% $360.96 $361 13 0.4883% $317.58 $318 56 0.5550% $360.96 $361 14 0.4883% $317.58 $318 57 0.5550% $360.96 $361 15 0.5550% $360.96 $361 58 0.5550% $360.96 $361 16 0.5550% $360.96 $361 59 0.5550% $360.96 $361 17 0.4883% $317.58 $318 60 0.5550% $360.96 $361 18 0.4883% $317.58 $318 61 0.7550% $491.04 $491 19 0.4883% $317.58 $318 62 0.7550% $491.04 $491 20 0.4883% $317.58 $318 63 0.6439% $418.78 $419 21 0.5550% $360.96 $361 64 0.6439% $418.78 $419 22 0.5550% $360.96 $361 65 0.7550% $491.04 $491 23 0.4883% $317.58 $318 66 0.7550% $491.04 $491 24 0.4883% $317.58 $318 67 0.6439% $418.78 $419 25 0.4883% $317.58 $318 68 0.6439% $418.78 $419 26 0.4883% $317.58 $318 69 0.7550% $491.04 $491 27 0.5550% $360.96 $361 70 0.7550% $491.04 $491 28 0.5550% $360.96 $361 71 0.6439% $418.78 $419 29 0.4883% $317.58 $318 72 0.6439% $418.78 $419 30 0.4883% $317.58 $318 73 0.7550% $491.04 $491 31 0.4883% $317.58 $318 74 0.7550% $491.04 $491 32 0.4883% $317.58 $318 75 0.6439% $418.78 $419 33 0.5550% $360.96 $361 76 0.6439% $418.78 $419 34 0.5550% $360.96 $361 77 0.7550% $491.04 $491 35 0.4883% $317.58 $318 78 0.7550% $491.04 $491 36 0.4883% $317.58 $318 79 0.6439% $418.78 $419 37 0.4883% $317.58 $318 80 0.6439% $418.78 $419 38 0.4883% $317.58 $318 81 0.7550% $491.04 $491 39 0.5550% $360.96 $361 82 0.7550% $491.04 $491 40 0.5550% $360.96 $361 83 0.6439% $418.78 $419 41 0.5550% $360.96 $361 84 0.6439% $418.78 $419 42 0.5550% $360.96 $361 85 0.7550% $491.04 $491 43 0.5550% $360.96 $361 86 0.7550% $491.04 $491 87 0.6439% $418.78 $419 123 0.7550% $491.04 $491 88 0.6439% $418.78 $419 124 0.7550% $491.04 $491
89 0.7550% $491.04 $491 125 0.6439% $418.78 $419 90 0.7550% $491.04 $491 126 0.6439% $418.78 $419 91 0.6439% $418.78 $419 127 0.7550% $491.04 $491 92 0.6439% $418.78 $419 128 0.7550% $491.04 $491 93 0.7550% $491.04 $491 129 0.6439% $418.78 $419 94 0.7550% $491.04 $491 130 0.6439% $418.78 $419 95 0.6439% $418.78 $419 131 0.7550% $491.04 $491 96 0.6439% $418.78 $419 132 0.7550% $491.04 $491 97 0.7550% $491.04 $491 133 0.6439% $418.78 $419 98 0.7550% $491.04 $491 134 0.6439% $418.78 $419 99 0.6439% $418.78 $419 135 0.7550% $491.04 $491 100 0.6439% $418.78 $419 136 0.7550% $491.04 $491 101 0.8436% $548.66 $549 137 0.6439% $418.78 $419 102 0.8436% $548.66 $549 138 0.6439% $418.78 $419 103 0.7550% $491.04 $491 139 0.7550% $491.04 $491 104 0.7550% $491.04 $491 140 0.7550% $491.04 $491 105 0.6439% $418.78 $419 141 0.6439% $418.78 $419 106 0.6439% $418.78 $419 142 0.6439% $418.78 $419 107 0.7550% $491.04 $491 143 0.7550% $491.04 $491 108 0.7550% $491.04 $491 144 0.7550% $491.04 $491 109 0.6439% $418.78 $419 145 0.6439% $418.78 $419 110 0.6439% $418.78 $419 146 0.6439% $418.78 $419 111 0.7550% $491.04 $491 147 0.7550% $491.04 $491 112 0.7550% $491.04 $491 148 0.7550% $491.04 $491 113 0.6439% $418.78 $419 149 0.6439% $418.78 $419 114 0.6439% $418.78 $419 150 0.6439% $418.78 $419 115 0.7550% $491.04 $491 151 0.7550% $491.04 $491 116 0.7550% $491.04 $491 152 0.7550% $491.04 $491 117 0.6439% $418.78 $419 153 0.6439% $418.78 $419 118 0.6439% $418.78 $419 154 0.6439% $418.78 $419 119 0.7550% $491.04 $491 155 0.7550% $491.04 $491 120 0.7550% $491.04 $491 156 0.7550% $491.04 $491 121 0.6439% $418.78 $419 157 0.6439% $418.78 $419 122 0.6439% $418.78 $419 158 0.6439% $418.78 $419