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Annual Proposed
Condominium Budget |
|
Management: Owner to provide management until turnover to
association |
| Insurance |
$10,000 |
| Common Area
Electric |
$
800 |
| Common Area Water |
$
200 |
| Landscaping |
$ 8,000 |
| Snow Removal |
$ 4,000 |
| Trash Pickup |
$ 3,600 |
| Accounting/Legal |
$ 1,200 |
| Minor Repairs |
$ 1,000 |
| Miscellaneous |
$ 1,000 |
| TOTAL |
$29,800 |
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Annual Replacement
Reserves Budget |
| Roof (30 year) |
$ 2,688.00 |
| Road Surface (30
year) |
$
333.33 |
| Decks (15 year) |
$ 2,000.00 |
| TOTAL |
$ 5,021.33 |
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|
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TOTAL ANNUAL COMBINED $34,821.33 |
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TOTAL MONTHLY CONDO FEE PER UNIT $120.91 |
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