Actual Budget

Income		*Expenses*		*Annual Cost*

Monthly Dues	$40	Property Management	$400	$4800
# of Homes	23	Trash	$299 $13 per unit	$3588
		Landscaping*
		Water*
		Electricity*
		Board Insurance	$34.65	$797
		HOA Insurance	$23.35	$537
		Reserves*
Total Income/Month	$920	Total Expense/Month	$757

Total Income per Year	$11,040.00	Total Expenses per Year		$9,084.00

Difference	+$1,956

NOTE 1: Reserve Fund is necessary to repair/maintain all Homeowner Association assets to include: fence installed by Augustine Homes, mail boxes, gazebo, irrigation system, monuments, walking path, sidewalks, etc.

NOTE 2: Landscaping proposals have ranged from $3000 to $9000 for the season. There is a minimum fee to maintain water and electric meter necessary for irrigation system. Stafford County also requires an annual backflow valve inspection on irrigation systems.

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Information

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Meeting Minutes

Actual Budget

ARC Change Application
in Word (change 2)
NOTE: Submit your application
with ALL requested documentation
BEFORE you begin your project.

The Gables

Actual Budget