MCSHOA
PROPOSED BUDGET WORKSHEET
				BUD - YTD		ACT - YTD		BUD - YTD		ACT - YTD		BUD - YTD		ACT - YTD
				12/31/2004		12/31/2003		12/31/2003		12/31/2002		12/31/2002		12/31/2001
EXPENSES
	Lighting, Repairs/Electricity			$           165		$             72		$           400		$           374		$           100		$           388
	Insurance			1,850		949		1,000		2,413		1,800		1,469
	Commons Maint.			16,000		8,351		9,300		8,799		9,000		6,785
	Misc. Expense			200		0		200		51		200		559
	Office Expense			1,500		652		1,500		1,241		750		423
	Annual Meeting/Events			500		130		500		172		500		180
	Fees, Dues			330		300		825		745		1,350		616
	Taxes			113		103		400		371		400		518
	Tree Rebate			0		0		0		30		0		0
	Tree Removal			2,500		1,390		1,000		95		1,500		510	change to 2500
TOTAL EXPENSES				23,158		11,948		15,125		14,292		15,600		11,448
INCOME
	Misc. Inc.			0		0		0		0		0		566
	Dues			16,338		15,842		16,074		15,681		15,708		16,001
	Dividends			100		105		400		282		400		857
	Disclosure Packets			425		425		500		550		500		500
TOTAL INCOME				16,863		16,372		16,974		16,513		16,608		17,925
NET CHANGE				$      (6,295)		$        4,425		$        1,849		$        2,222		$        1,008		$        6,477
Insurance:  $732 paid in 2002, remainder increased by 5%
Commons Maintenance:  16 cuttings @ $425, 2 fire road cuttings @ $100, front entrance
	work $500, seeding/fertilizer $600,  misc. $435, new dogipot $575, dogipot supplies $140
	$140, and pond trail-related expenses of $250. Plus $6,500 for pond dam issue, and new trash rack.
Office Expense:  increased from 2002 levels by $250 for additional copying surveys, etc.
Annual Meeting/Events:  maintained at 2002 budgeted level for additional social activities.
Tree Removal:  Lowered the 2002 budgeted amount by $500
Dues:  205 lots at $78, 7 lots at $12.
										6800
										200
										500
				6800						600
				200						435
				500						575
				600						140
				235						250
				575						6500
				140						16000
				250
				4000
				13300