Re: MAINTENANCE FEES AND WHAT THEY COVER
From: Mac Thomson (macheartwoodcohousing.com)
Date: Fri, 6 Feb 2004 12:34:22 -0700 (MST)
On 02/05/04 Linda Gluck wrote:
> Seeking information about what coho residents pay for maintenance fee, what
> it covers, and how many members share that cost?

Here's our complete HOA budget for 2004 for 24 households (~70 people):
(You can tell by the kinds of things we spend money on that we're a rural
community.)

 SOURCES        
   HOA ASSESSMENTS  33,952
   LESS: RESERVES  (6,000)
   LAUNDRY  875   
   WORKSHOP USE FEES  400
   TOTAL SOURCES    29,227
 
USES        
  COMMON HOUSE     
   CLEANING  800   
   REPAIRS & MAINTENANCE  300
   ELECTRIC  800   
   GAS  1,200   
   MISCELLANEOUS  300
   TOTAL COMMON  HOUSE  3,400
  LAND  STEWARDSHIP
   LANDSCAPING  400
   DITCH FEES  300 
   IRRIGATION SYSTEM  650
   PASTURE MANAGEMENT  1,000
   FOREST MANAGEMENT  300
   MISCELLANEOUS  200
   TOTAL LAND  STEWARDSHIP  2,850
  GARDEN &  GREENHOUSE
   GARDEN SUPPLIES  550
   PROPANE  250   
   MISCELLANEOUS  200
   TOTAL GARDEN  & GREENHOUSE  1,000
  COMMON  FACILITIES
   WATER OPERATOR (BARRY)  3,000
   WATER - OTHER  2,400
   SEPTIC  0   
   ROADS  2,500   
   PATHWAYS  600   
   SITE LIGHTS  250
   WORKSHOP - GAS  100
   ELECTRIC  2,300 
   HOT TUB  350   
   DUMPSTER  1,250 
   MISCELLANEOUS  500
   TOTAL COMMON  FACILITIES  13,250
  PROCESS  & COMMUNICATION
   FACILITATION & TRAINING  1,000
   MISCELLANEOUS  100
   TOTAL  PROCESS & COMMUN  1,100
  MEMBERSHIP     
   ADVERTISING, PRINTING, & POSTAGE  500
   MISCELLANEOUS  350
   TOTAL  MEMBERSHIP  850
  CELEBRATION     
   MISCELLANEOUS  500
   TOTAL  CELEBRATION  500
  FINANCE       
   BOOKKEEPING  900
   TAX RETURN PREP & CONSULT  150
   INSURANCE  1,400
   MISCELLANEOUS  200
   TOTAL  FINANCE  2,650
  STEERING       
   COHO US MEMBERSHIP  200
   MISCELLANEOUS  400
   TOTAL  STEERING  600
   OPERATING  CONTINGENCY  2,911
 TOTAL USES    29,111
 TOTAL SURPLUS    116

Hope this helps,
Mac

-- 
Mac Thomson

Heartwood Cohousing
Southwest Colorado
http://www.heartwoodcohousing.com


 "Be the change that you want to see."
           - Gandhi
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