FW: Monthly fees | <– Date –> <– Thread –> |
From: Deborah Behrens (debbeh![]() |
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Date: Wed, 10 Nov 1999 08:52:13 -0700 (MST) |
> Jim Powell's email address seems inop, so I'm sending this to the > whole list, > > Highline Crossing Budget - these may not be accurate, I was working > off the drafts I could find quickly, which might not have been the > finals This is not 'actual' expenses, only the budgeted amounts. For easiest reading put the following into a 7 column table > Item Yr 1995 Yr 1996 Yr 1997 Yr 1998 Yr 1999 Alc ND Comments > > Common House enhance 4800 4800 3000 2000 2000 h > D Tables, tablecloths, etc > Common House supplies 0 600 480 650 650 h > N Cleaning supplies, paper goods, etc > Common House cleaning 0 0 0 2080 2600 h > N Weekly cleaning (we used to take turns cleaning CH, it's a long > story how it ended up getting contracted out) > C/h repair/maintenance 900 600 600 500 450 > h N Appliances, paint, windows, misc annual wear & tear > Other Common enhance 0 0 2000 750 0 h > D West plaza, etc > Building maint 0 0 500 1000 2000 hf > N Non-C/H repairs/maint (stairwells, parking lot, minor paint, > etc) > C/H & area utilities 3000 2700 3225 3000 3200 hp > N Gas, electric, sewer, telephone (incl parking lighting) > Total common Facilities 8700 8700 9805 9980 10900 > > Sprinkler 0 720 600 600 300 h N > Spring prep, repair/maint, fall shutdown > Tree/shrub maint/repl 0 0 600 750 750 h > N Replace dead trees & shrubs > Mowing/trimming 2400 5150 5500 6000 8000 h > N Common areas incl front yards, not incl back yards > Weeding 0 0 0 0 2000 h N > Common area weeding > Landscape equip maint 0 720 800 600 600 h > N Repair/repl hand tools, lawn mowers, trimmer > Landscape improvements 0 0 5000 1500 0 > h D New landscaping (trees, shrubs, etc) > Lawn Maint 0 450 1000 600 600 h N > Fertilizer, sod replacement > Total landscape 2400 7040 13500 10050 12250 > > Snow removal 1200 1920 2350 2500 2000 h N > Clearing ped way, parking lot (not incl perimeter or residence > sidewalks > Equipment purchase 0 0 0 350 350 h > N Pressure washer, snow removal, lawn edger, etc > Equipment storage 0 0 0 600 0 h > D Garage rental for ladders, L/S equip, etc > Community garden 0 0 0 0 0 h > D Funded by garden users > Intergenerational 0 0 0 0 0 p > D Toys and events for kids of all ages > Membership 600 1260 300 400 700 h N > Marketing, Rmca, community annual event, open houses > Office supplies 0 600 720 500 600 h > N Copying, flip charts, stamps, etc community meetings > Workmans comp ins 900 600 1200 600 600 h > N Insurance to cover contract labor (in '97 includes fidelity > bond, directors & officers (d&o) liability ins) > Reserve for contingencies 1200 1200 1000 0 0 > h N > CPA tax return prep fee 0 0 1200 250 600 > h N Financial audit and/or tax prep assistance > Community fun events 0 600 300 0 0 p > D Holiday events > Southpark owners fee 0 0 1400 1500 1600 h > N Southpark assn annual assessment > Residential bldg & landscape water 900 3710 2400 4000 > 4500 p N Community homeowners water bill (1998 actual > 5000) > Trash removal 1800 1620 2400 2400 2400 p N > Dumpsters and recycling > Insurance/residential bldgs 6000 6720 8400 9600 9000 > hs N Building structures and property, directors liability > coverage > Income taxes 0 0 0 300 300 N > Federal & state taxes > Long term reserves 0 0 9000 17400 17992 hpsfg > N For major maintenance/replacement fund > Grand total 23700 27250 53975 60430 63792 > > > > Notes: > * 4th column: how expenses are divided: Household / Person / Sq > ftg / Front ftg / Garage > * 5th column: D=discretionary; N=non-discretionary > * The 99 core budget includes $2000 for discretionary items which > will fund our first priority, CH tables. > * Each $1000 in annual expenditure equals approx. $2/month per > homeowner, range of 99 fees $99-$149 > * The final 99 budget represents a $7 average monthly increase per > household over the 1998 budget. > * Hownowners assn insurance does not include 1) insurance on > interior/contents of home; 2) homeowners sewer charges (billed > individually) > * 1995-1996 did not include long term reserves, it was 1997 before > we got a long term reserves study performed - very important to get it > done soon. > * The first couple years we were not fully built, some expenses > were still being covered by Wonderland > > Division of fees are calculated per community consensus on 11/94 based > on the following factors: > * (h) Equally divided per household > * (p) Equivalent adults in household (1=adult over 18; ½=kids > 4-18; 0=kids 0-3) > * (s) Finished square footage > * (f) Frontal linear footage > * (g) Garage ownership > > Individual HOA fee calculations have a table with the following > columns: > * Bldg > * Addr > * Type home > * Owner > * annual HOA fee > * Front Footage > * Interior finished square footage (excl basement) > * Interior square footage in basement > * Finished square footage in basement > * Total finished square footage > * # Adults (over 18) > * # kids (4-18) > * Equavalent Adults > * Garages > > Discretionary items get prioritized in polls by the community, The top > priorities will be funded depending on how much discretionary funds > are allocated by the community. Types of discretionary items we > polled the community on included: > * Paving a pathway > * Dining tables and other CH improvements > * Design consulting for a CH exterior area > * Periodic community events > * CH basement enhancements > * Plantings in particular areas > * Dining room acoustics study > * Replace dining room table coverings > * Benches, node seating in particular areas > * Screen compost area > * Rock walls & retaining walls in particular areas > * Path and steps in particular areas > * Fencing/planting/screening garden area from pedestrian way > * Herb garden terracing in garden > * Gazebo / shelter node > > Other income includes > * Loans, donations from community members > * common meal charges > * softdrinks, leftovers > * laundry room > * grocery coupon sales > > -----Original Message----- > From: Deborah Behrens > Sent: Monday, November 08, 1999 10:04 AM > To: 'prodane [at] newparty.org' > Subject: RE: Monthly fees > > I think our fees this year have ranged from $110 to $150, depending on > the home (size, # residents, etc). They're going up about $25 next > year, as a result of our fall budget discussions and projects we wish > to complete. But we have 40 homes and close to 100 adults and > children. > > Our residents complain that our fees are higher than a development > near by, but that development has over 100 homes, and they don't have > landscaping still to finish and common house interior finishes to deal > with (they're not cohousing). > > The smaller your group, the higher your homeowners fees will be - > economies of scale work against you when your scale is smaller. And > it depends on how much of the work still needs to be done, and how > much your residents are willing to do to avoid paying for others to do > it. In a smaller community, if a few don't participate, there is a > bigger impact than in a larger community. > > I'll try to dig out the multi year budget comparison I did a while > back and send it to you. > > Debbie behrens, Highline crossing, Littleton, CO > > -----Original Message----- > From: Progressive Dane [SMTP:prodane [at] newparty.org] > Sent: Sunday, November 07, 1999 1:30 PM > To: Multiple recipients of list > Subject: Monthly fees > > I've searched the archives extensively, but would still need help > answering the following question: > > What should our monthly fee be? > > We've operated without a budget for two years (yikes!) as we turn this > three duplex retrofit cohousing into a condo association (soon, very > soon). We've all paid what amounts to a monthly rent and paid > mortgages > out of that. The remainder has been used (perhaps not wisely?) for > exterior painting, needed insulation, shared utilities and many > smaller > ticket items. In practice, we've worked out the maintenance and > improvements distinctions and believe we've come up with most of the > budget line items we'll need. > > Our "monthly fee" has worked out to be around $150 per month. Based on > my search of the archives, this is extremely high. But the posts I've > found don't usually mention actual dollar amounts. Is anyone willing > to > share their actual monthly fees and unit numbers so I can see if we're > adding our numbers correctly. > > Thanks in advance. > > JIM POWELL > Fair Oaks Cohousing > Madison, Wisconsin > Ten adults, four kids, two cats, one dog, two hawks, a murder of > crows, > a possum, a beaver, several woodchucks, and a seldom seen skunk living > in 6 two-bedroom flats in three duplexes with a large garden and > common > area (but no common house yet) next to a creek and city park.
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Monthly fees Progressive Dane, November 7 1999
- Re: Monthly fees Jim Snyder-Grant, November 7 1999
- FW: Monthly fees Deborah Behrens, November 10 1999
- Re: Monthly Fees Joani Blank, November 12 1999
- Re: Monthly fees RowenaHC, November 21 1999
- Re: Monthly fees Lynn Nadeau, November 21 1999
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