Peralta Creek Tower Homeowners Association 1132 Carpentier Street San Leandro, California 2015 BudgetPERALTA CREEK TOWER HOMEOWNERS ASSOCIATION 2015 BUDGET Income Budget Monthly Unit/Month Assessments $165,312 $13,776 $328.00 Interest ‘$500 $42, $0.99 Park & Storage $660 $55 $131 Late & Misc. ‘$150 $63 $149 Total Income $167,222 $13,935 $331.79 Expenses Utilities Gas & Electric $8,500 $708 $16.87 Garbage/Recycle $18,600 $1,550 $36.90 Water $19,500 $1,625 $38.69 ‘Telephone $4500 $375 $8.93 Monthly Services Landscaping $4,000 $333 $7.94 Alarm Service $288 $24 3057 Elevator Service $4,100 $342 $8.13 Janitorial $11,250 $938 $22.32 Management $14,100 $1,175 $27.98 Repair & Supply Window Washing $2,100 $175 $4.17 Plumbing $650 $54 $1.29 Electrical $160 $13 $0.32 Locks & Keys $100 $8 $0.20 Roof & Downspouts $0 $0 $0.00 General Maint. $3,500 $292 $6.94 Alarm Repair $170 ~ $14 $0.34 Other Expenses Insurance $20,250 $1,688 $40.18 State & Fed Taxes $10 Sl $0.02 Accountants $1,300 $108 $2.58 Legal $500 $42 $0.99 Postage $325 $27 $0.64 Mailings & Copying $660 $55 $131 Other Misc. Office $67 36 $0.13 Reserves 350.682 $4.24 $100.56 ‘Total Expenses $165,312 $13,776 $328.00PERALTA CREEK TOWER HOMEOWNERS ASSOCIATION 2015 BUDGET COMMENTARY INCOME Assessments: Anticipated funds required for the operation of the association and for contribution to the capital replacement reserve fund. Interest: Anticipated income from interest on funds held in savings accounts for long-term replacement reserves. Park/Storage: Anticipated income for rental of extra parking spaces. Late Charges: Anticipated funds received for late payment of monthly assessment. EXPENSES Utilities Gas & Electric: Anticipated annual expense for gas and electric services for the common facilities Garbage / Recycling: Anticipated annual expense for regular refuse removal and regular isposal of recycled trash by the local scavenger company. Water: Anticipated annual expense for water service provided by local water district for the common facilities and the units. Telephone: Anticipated annual expense for the emergency telephone communications for the common facilities Monthly Services Landscaping: Anticipated expense for the care and maintenance of the landscaped common areas. Alarm Service: Anticipated expense for service and inspection of common area fire extinguishers and related fire protection equipment. Elevator Contract: Anticipated expense for regular elevator inspection and repair covered per ‘maintenance contract agreement. Janitorial: Anticipated expense for regular custodial services for the common area facilities. Management: This expense item covers the contract services for professional management and bookkeeping services.